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xmm

W

AND

'

HUNT'S MERCHANTS' MAGAZINE,
REPRE3E^JTINQ THE INDUSTRIA L AND COMME RCIAL INTEHB3TS
OF THE UNITED STATW.

VOL.

NEW

38.

YORK, JUNE

financial.

28,

1884

^ittauctal.

IWTABMgnKD

DIAMONDS.

Bank Note Company,
BROADWAT, NEW TORK.
For- '" ! **0".
Lawn c: :..,. ;. iUi; York,
ItcorcunUcd tHXO.
ENHKATElia AND PrinTISBS OP
IEti^Lioki

lacoixoratod undo:

1SS8.

&

Alfred H. Smith

Co.

liMPORTERS,

BONDS, POSTAGE & REVENUE STAMPS.
LEGAL TENDER AND NATIONAL BANK
NOTES, of tho UNITED STATES and for

182 Broadway, Cor. John Street

|

Foreign Governments.
KXCJRAVlNCi AND PRINTING,

BANK

NOTKS, SIIAUK CERTIFICATES.
von (iOVKHN.-MKNTS ANI>
COKI'< (RATIONS,
DRAFTS, CHECKS.
BILLS OF EXCIIANGK, STAMPS, &c..
In tho llnest and most artistic style
FROM STEEL PLATES.

Memben

naiafaetnnl ezcloiiTely

u99 of the

for

Sompaay.

SAFETY COLORS. SAFETY PAPERS.
Work Executed In Fireproof Buildings.
LITNOGRAPKIC AND TYPC rriNTINe.

RAILWAY TICKETS OF
Show

li;

;

Curd*. Labels.

;

.

.;:»

ALBERT G. GOODALL, President.
VICE-PRESnjENTS
J. MACDONOUGH,
A. D. SHEPARD,
W. M. SMILLIE,
TOURO ROBERTSON.
STAYSER, Treas.
:

THEO. H. FHEELARD, Secty.

Asa. p. Potter,

i'res't.

J.

BOSTON.
CAPITAI-,

$400,000
406,000

SURPLUS,
Aoooi]2it« of

Banks and Bankers soUolted,
made upon favorable terms.
Goremment Bonds bought and sold.

Collections

TnoMAS

A. Vyse.

Member N.

w.

k. D. Vyse.
Y. Stock Ejccliange.

Vyse & Son,

BANKERS AND BROKERS,
Broadway
&

56

Brancli OflQce at

tlie

Deposits received subject to check at sight, and
Interest allowed on daily balances,
stocks. Bonds, Ac. Imaght and sold on oommisslon Is
Philadelphia and other cities
Partioniar attention given to information regarding
.^.

Private wire to

R.

31

investment Securities.
New York. Baltimore and other places.

&

Kimball

J.

Seventeen Years' Membership

Farr,
ST., N£W YORK.

BANKERS AND BROKERS.
Interest paid on Bnlancoft. Securitlos carried on
Cioverniuent Uondn ana other Investment
Securitie.'* bought and sold on c<jmiiiisson. Special
attention to orders by nmil or teleKruph.

Margin.

Co.,

the

In

BOBEKT J. Kimball.

ALrnsD

Ix>0NSBERr.

&

C. Walcott

J.

B.

Co.,

BANKERS AND BROKERS,
No. 24 Pine Street, New York.
Transact a General Banking Business
Stocksand Bonds bought and sold on Commission.
Orders received In Mining Stocks, and In Unlisted
Securities. Collections made and Loans Negotiated
Dividends and Interest Collected.
Deposits received subject to Draft.
Interest Allowed. Investment Securities a Spedaltv
We Issue a Financial Report Weekly.

Branch

OIBce, 320

Broadway.

Connected by Private Wire.
Jos. C.

WALCOTT.

Fbask F.

DiCKUigON,

I

Members of the N. Y. Stook

I

and Mining Bxcbange*.

Taintor

&

Holt,

8TKEKT, NEW VOKK.
TRANSACT a GENERAL BANKING business.
DEPOSITS

received and

INTEREST aUowed on

oalances.

Buy and

sell

BAILROAD

OOYBRNMKNT, MUNiaPAL anc

Bonds.

Private telegraph wires to Providenoe and Boston,

TINKER & fTESTON,
BANK£R8

a. B.

TAINTOR.
O. D.

AI^D brokebs,

EXCUANUE COURT, Geo. K.
New York.

No. 2

TivKKR, Hamba N. Y. Stook Bzob.
BSN38EI.AXR WE8TOK.

HiKKT

C.

16

&

GEO. B.
L'HOILIBR.

Sistare's

18 Broad Street,

DEALERS

STOCK BROKER.
Lansdale Boardman,
NEW YORK,

A NKW

SO BROADWAY,
S
BT.
Opposite S' ook Exchange.
K. Y., 14 & IS HAIIi BULLDINO.
Private Wire to Troy.
SscnrltiaBOUTladonmiirtio, IntuwtpaldonbaltaoM

TBOY.

— —

w

CALDWELL, WASHBVKIf *
TOWNSE!«D

BANKERS AND BROKERS.

No.

HOLT

Sons,

New York.

IN

FIRST-CLASS INVESTMENTS.
Buy and
gin, all

Sell

WALL STBBBT.

S

Transact a general '««"*'''g ITnslnSM. iaoladlM tk*
Purchase and Sale of all Beenrttle* dealt In at tka
New York Stock Exofaaiige.
Interest aUowed on depoalu sobjeet to sight 4ntt.
C. B.

LASgDia a Wm

Caloweu.

Tl

Chas. J. TowHSkXD. Member

Wood,

Huestis

&

Co.,

NEW YORK,
BANKERS AND BBOKKRS,
31

PINE

ST.,

BcccKssona to

WOOD

DAVIS.

4c

Execute orders In all securities listed at the
-~«.»w
Maw
York Stock Exchange. For Sale,
FiBST-tXAas RAiLaoAD riKST MoKTgAOi Bomg

OSOROEaWOOO. C

ILHUSSriS. L.M.gWAII

Fred. H. Smith,
BBOAD ST., NEW TORK.
STOCKS, BONDS AND PETROLEUM
No. 20

Bought. Sold, and Carried on Marzus.
Intimate knowledge of

ail railroads for past twenty
Parties desiring to buy or sell anqooted securities will do well to eommiinlcate.
F. H. 8MITB, Members N. Y. Mil
Inlnc
h Ki
~

years.

8.

W. Ssirm,

I

Petroleom

I

HrMBXKT.
Member N. Y.Stoek Exoh.
E. C.

E.

C.

irriihsnga.

JoHs J. C. BtmwMaf,

Humbert

&

Son,

BANKERS AND BROKEBB,

WALL STBBBT,

BANKERS,

WALL

No. 10

—
^
^^

ci^i.T/sff.i^o^Y'Ti'J'iSSg" •»* "*•>"
stocks and Bonds pnrohaaed tor IniMlmK
— .— ».
or
ried on margin.
KqKKlu.>T ORDBR8. either br ^^—m
aiBU ar

New York

Stock Exciiange.

and 17th Street.

&

Members of New York * Philadelphia Mook SiA^a

k^o7^%'f.'X';h''i''^d"'£?.'llS^"^ •*•

BANK.EE3 AND BR0K2KS,
No. 18 Wrall Street, New York.

7 Exchange Court, N. Y.
Everett House, Union Square

Gilder
& 33 BROAD

Co.,

BANKERS AND BROKERS.
No. 17 WALL ST., NBW ¥OBK.

Co.,

PHILADBI.PHIA.

w. WouK, CasUer.

Maverick National Bank,

&

John H. Davis

BANKERS,
Cor. Third and Cbeatnat Sf.,

W.

STTLE8.

CttleudarB.

BLANK BOOKS OP EVERT DESCatPnOIT.

S. H.

&

H. Taylor

L.
8.

N. T. and PhlladelpbU Stock Exohaaga*.

spedil sifBBuarij to prenat COTOTEEraiTIlIO.

Special papers

liMB.

receive especial attention.

BONDS

TOh

992L

WitumcUa,

AMERICAN
142

NO.

on Commission. f6r cash or on mar.
New York Stock

seonriUes dealt in at the

Exchange.
Interest allowed on daily halanoaa
All deposlta subject to ehecic at sight.
Partlooiar attention to ordeia by mall or telegiapk

No. 29
uaxzn. BmLDUfo,

new yosk

Hamilton

&

Bishop,

BANKkBS AND BBOETOS.
No. 35 PINB arTRBBT, NBW^T*!
(Members New York Moek Wink ill)
Aooonnts of Banka, Banken and euan i«

AsMaUr*
—

Interest allowed on Balances.
Bnsineaa In the poitrhsee and sale of af
PrivaSi Teienavk
lo Alk—y. -nwr,

Win

Roohester. CUes, Bidhlo.
Draw on City Bank of Ub
Spaelnl attention glTaato

OareiMd
~

asSl

Car Trust Bonds.
WB MAKB A

BPBCIALTT OF THMB TBBT
SAFB BBCUBITUB. AND BUT AMD BILL BAJtB

AT MARKBT PBICB.
WB OrrBB A LUIITBO AMOCMT OT DBBtm
ABLE CAR TRUST IBBim^ ADPmOIIALLT
8BCUHKD BY THB DIRBCT OBUOATION Of

Tn RAILROAD BOPiramTOOMrARV.
POST, MARTIN * CO.,
No. 34

PINE STREET.

:

;

:

THE CHRONICLE.

u

'gavtiQU

"^ovtiQU "^xchnnQt.

l^a^jcTtattflc.

Morgan

Drexel,

&

&

BANKERS,
Nos. 19

Drexel.Harjes & Co

Co.,

&

Co., August Belmont

WAI.I. STREET,
COENER OF BEOAD, NEW YORK.
Drexel

and 21

B A N
the

PARIS.
PHILADEI^FHIA
SOilSSTIO AND FOREION BAtTKESS.
SecurltleB

DepoBltg received subject to Draft.
bonKht and sold on commission. Interest allowed on
Deposits. Foreign Exchange. Commercial Credits.
Circular Letters for Travelers,
Cable Transfers.
available in all parts of the world.

MESSRS. ]>£ ROXHSCHIIiD,
and

John Paton & Co.,
SUCCESSORS TO
JESUP, PATOM & CO.,

Brothers

&

Co.,
If.,

OF EXCHANGE

BIL,L.S

IKKLAND, FRANCE
ON GREAT BRITAIN AND
GBRMANY, BELGIUM, SWITZERLAND, NOR-

WAY, DENMARK, SWEDEN AND HOLLAND.
Issue Commercial & Trayelers' Credits
IN STEBLINO,
AVAILABLB IN ANY PART OF THE WORLD.
And in

DRAW OK

THE UNION BANK OF LONDON:
BRITISH LINEN CO. BANK, LONDON AND
SCOTLAND.
J.

KamninT Tod.

&

33

EXCHANGE ON
SmiTH, PAVNE & SmiTH'S,
BANKERS, LONDON;
IHANCHESTER & COUNTY BANK,
BILLS OF

'•

LIMITED !"

MANCHESTER, PAYABLE IN LONDON

!

ULSTER BANKING COmPANlf,
BELFAST. IRELAND;
AND ON THB

BANK OF SCOTI.ANI>,
EDINBURGH, AND BRANCHES
ALSO,

CABLE TRANSFERS AND LETTERS OF CREDIT
PARIS
NEW YORK: LONDON
cS;s.'B"(fD"cSV.TH08E.DAVIS.W.G.H.HEATH.

William Heath & Co.,
B IKHEKS AKD BROKERS,
No. 80 Broadway, Netr York.
of

New York

Stock Exchange.

FOREIGN EXCHANGE. CABLE TRANSFERS.

&

William Heath

Draw Bills of Exchange and transact a general
financial commission business. Particular attention
given to American ijecu*" I"-'.

&

Co.,

Rne

No. 19

Orders solicited for

Scribe, Paris.
London and American markets

&

John Munroe

CO., PARIS.
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS & CO., LONDON.
CiacnLAB Notes and Credits for Travelers.

Ruckgaber,

BANKERS
29 W^ILLIAM

STREET, NE^V

CORKESPONDENTS

OB"

YORK

Commercial and Travelers' Credits.
Bills of jSzchonge,

BANKERS,
New York,

TRANSACT A GENERAL BANKING BDSINESS
AND BUY AND SKLL l.WBSTMBNT

Securities.

&

A.

Have constantly on band and lor
and Farm Mort^aKCs, bearing 7 to

Cable Transfers,

WCBtcrn City
per cent interest

sale
$S

AVESTERN mUNICIPAL BONDS
BOUGHT AND

SOLD.

riroolars with fall particulars mailed on application

HOTTINtUIER

A- CO.,

R. A. Lancaster

&

Co.,

UNITED BANK BUILDING,
BROADWAY AND WALL STREET, NEW YORK,

I'AUIS.

Kidder, Peabody

&

BANKERS AND BROKERS,

LONDON.

SON, .\.11STEKI»AM

DEALERS IN

Co.,

&

Railroad

Miscellaneous Secarities.

Southern Securities a Specialty.
BOSTON, MASS.
E ARL,Memb. N. Y. St'ck Kx. U. U. Staynib.
Wall and Nassau Sts., New York. Wh.M.
A.H.Dayton.
Special.
A. u.

FOREIG^V BANKERS,
AND

CORRESPOXDEXTS:

TO

CIKCI'TLAR NOTES

Issued for the use of travelers in all parts of the
world. Bills drawn on the Union Bank of London.
Telegraphic transfers made to London and to various
places in Ihe United States. Deposits rectiived subject to check at sight, and interest allowed on balr
ances. Government and other bonds and investment
securities bought and sold on commission.

Dealers ix Korbigv Kxchaxge. Government
ANn OTHER INVKSTME.VT BOVnS.
STKKLIXG l.OAAS A Sl'E(IAl.TV.
54 Wall St. aud 6:2 tireeue St., N. T«
all

on commission, for investment or on
securitlea dealt in at the New York Stock
sell

Exchange.

H.

GOADBY &

B. E.
JOINT AGENTS

ON rOMVUSHTON.

&

H. Dewing
BAIVKSRS A\D

LETTERS OF CREDIT AND

marinn,

nilBXEL BUILDING,

IIlRAM DEWING. CIJIHK DEWING. F. T. BONTKCOn.
(Member of New York Stock Exchange.)

.

120 Broadway. Efniltahlo Biiilillns.Xew York.

Buy and

59

STH1CTI.V

KOVIKTZE BROTHERS,
RS

Dayton,

Nenr York.
STOCKS AND BONDS liOrdHT AND BOLD

BARINR BROTHERS A: CO., London
I>ERIER VRKRES & CO., Paris.
MENDELSSOHN & CO., Berlin.
li

&

BANKERS AND BROKERS,
B5

Commercial and Travelers' Credits.

BANK

Mure.

Earl

CABLE TRANSFERS, BILLS OF EXCHANGE

WALKER,

Son,

BKO¥4i:iiS,

No. IS Wall Street,

New Vork.

Stocks and Bonds Bought und i*«)Id on CommlsBlon.
Accounts received and Interest iillowed on ballances, which may be chocked lor nt sinht.

Howard

Lapsley

&

Co.,

BANKERS AND BROKERS,
No. 24

BROAD STREET,
Ne^r York.

Simons

&

Chew,

STOCK BROKERS,
3

Exchange Courts 52 ltroadnray,N.T

BtocliB. Bonds and U. S. Oovernment Secuiitiea
Bougbt and Sold on Commissiun.
Bkykkly Chxw.
Jas. d. Simons,
Member N. Y. stock Exchange.
Member N. Y. Produce Exchange.

Members New York and Chicago Stock Exchanf&i
also

Canadian Bank of Commerce,
16 EXCHANGE PLACE.

New York Mining Stock

Exchange,

Rolston & Bass,

BANKERS,
BROAD STRKElTf NEXT VORK,
BUY AND SELL STKRl.INK EXCHANGE, CABLE 20 Stocks,
Bonds and Mlsoellaneous Securities.
TRANSl'KHS. ETC.
Correspondence 8oltcited,
ISSUE COMMERCIAL CKElilT-^, A VAILABLE
Oiiotjittnns chftorfiiUy fnmlsbed.
IN ALL PARTS OF THE WORLD.

THE

International Bank of London
(Limited) London.
inessrs. Jolin Bercnbcrg, Gossler & Co.
Ilambnrj^.
Messrs. ]narcuard,K.ranss& Co., Paris

STAB

sell

H. OVENS

J.

F.

Co.,

No. 33 Nassau Street

of

nCNBOE &

JOHN

&

George Stark

Unger & Co.,
AND BROKERS,
Co., BANKERS
Members
the New York Stock Exchange.

CHEQUES AND CABLE TRANSFERS ON

&

all chisses of Railroad
Securities jalso Gniin and Provisions.
Priviitc Telegraph wires to Philadelphia, Wllminj{ton, Baltimore, Wushingtou, Bridgeport, New Haven,
Boston and Pittsburg.

Chas.

No. 32 Nas.<iau Street, New York,
No. 4 Post OflBce Square, Boston.

Schulz

i

Buy and sell on commission

Uailway, State and

for InTestment or un murgln.
City Loans negotiated.

Special Partner.

SECUKITlEf.

MELVII.l.l-;, EVANS
CO.,
V. J. llAHIlJIid A; fiON.

Cor.

Travebs,

R.

No.
BRi
vrw OFFICES
nffirifa l^" f "th Ave., New York.
BRANCH
jji3j,j5,|,gj_^y„g^,^gjy,jjj p

Co.,

bonds, stocks and securities in all American, Canadian, British and Dutch markets on commission. Collect dividends, coupons and foreign and
Inland Drafts.
8(11 Bills of Exchange on

Co.,

10 Throsrmorton Atc., I«oudon, Knc*

William lieati

&

WILLIAM STREET,

oner InTestment
Buy and

Wm.

h. Ciu'Oek Oaklet,
May.^.iudC. eyre,

Prince & Whitely,
64 RROADWAV, NEW YORK.

Y. Stock Exob.

Act as Agents for Banks, Bankers and Railroad
Companies.
Issue commercial credits, also foreign and domestic
travelers' letters of credit in pounds sterling & dollars.

NATIONAIi

Members

Member N.

iSANREUS.

Co.,
Stuart
J.
NASSAU STREET.

Berlin.

Washington, D. C.

OSOROK STARK.

Kennedy Tod
No. 63

Harry C. Logan,
Henry H. DonOE,

Alexandkr Bariko,

H. O. NORTHCOTE,

Canada, and of Drafts drawn In the
United States on Foreign Countries.

J.

James Whitely,

;

BETWEEN THIS AND OTHER COUNTRIES.
COLLECTIONS OF DIIAFTS drawn J.
MAKE
abroad on all points in the United States and

&

Amsterdam,

ALTMAN & STETTHEIMKR,

Parable in any part of Europe, Asia, Africa, Amtralla and America.
Draw Bills of Excfaan^ and make TeleffrapUo
Transfers of Money on Europe and (.California.

New York.

Street,

Accounts and Agency of Banke, Corporations,
firms and Indlvidiuls received upon favorabie terms.
Dividends and interest collected and remitted.
Act as a«;ents for corporations in paying coupons
and dividends also as transfer agents.
Bonds, stocks and securities boUKht and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought
and sold.

Francs, in Martinique and Guadaloupe.

raAKETELiEORAFHIC TRANSFERS
OF MOiVliV

Neiv York.
Issue Letters of Credit for TPraTelers,
On SELIGMAN BROTHERS. London,
SELIGMAN FKEKE8 & CIE.. Paris,
8EL1G.MAN& STKTTHEIMER, J'rankfnTt,

.

62 William

No. 69 TVAI.I. STREET, N.
BUY AN1> BELL

8,

ALSBEHG GOLDHKKG,

their C<:>rrespondents.

Also Commercial Credits and Transfers of Money
on California, Europe and Ilavana.

ATTORNBYS AND AOXNTS OF
Messrs. J. S. MORCiAN & CO.,
So. 22 OLD BROAD STEEET, LONDON.

KEK

RROAD STREET,

No. 23

Naiisaa Street,

Iflsae Travelers' Credits, available in all parts of

No.34 South Third Street, 31 Boulevard natissinanD,

& W. Seligman & Co.,

Co., J.

world, through the

Brown

XXXVIIL

[Vol,

J.

W.

Wilson

SZ

FROXT
NEW

Bills

Of

&

Hatch

Co.,

BANKERS,
We make U. S.

ST.,

Foote,

IJoi'.dR

and Investment Secnritiea a
and UONDS

Bpccialty, execute ordem in STOi;KS
for cash or carry the same on inaigin.

YORK.

Exchange aud Letter,
Credit ou nexlco.

&

No. 13 IVall Street, N. T.

of

We transact

agenenil BANKING business and ALLOW 1NTEI4.
EST on DEPOSITS. Brunch uflices, connected by
f rlvate wire, Norwlcb, Conn., and Boston, Man.

:

JuNi

28,

THE CHRONICLR

1884.]

f^mOitKB nna "gvaluKB,

&

A. Kohn

J.

nANKEUS AND

Co.,

IfauUcTB and itoftera.

& Co.,
WALL HTRRKT,

Mahoney

F.

J.

IlIIOKKItS,

Wo. IS

10 Broad »it.,N. Y., IfllllN HulIdluB,
Transact II (loiiernl Kuiikiiiiu: I{iisln«Hs.

DKALKIM

IN

Korol((ii K»clmiiKt>, llonil*. Ht«o»i> unil MlncoUiinOOU»S<iclllllli'» hoiiKlit iiikI miM nil ('nllillllniiliMi,

INVESTIHENT BECITRITIF.N.

JlII.UIS A. Kllll.N. DAVID
Meuili. N.Y.St iiok Excb.

All olasMM of

OCIia

Meilili. N. y.

Hlook Kx.

bought and

&

Randall

MultlTZ OC1I8,

—

CHAg. K. ranuaix, ~
Otto
Mnmhor N. V..HH>oit
Hfli
RxehKnB*.
I

wubum

C.

"^

John Pondib.

ACOnSTOB Natham.

&

Pondir

Bomla

(MMITWD).

LONDON. ENGLAND.

Bonds & Investment Secarlties
N. V.,

Ordora executed on the London and Europeaa

WAIiSTON U. BkuWN.

niHuKRT

KHKI). a.
P.

Stewart Brown's Sons,
stock brokers,
88

Brown.

BBOWK.

Walston H. Brown & Bros

&I.AUl«, --|

C.
/k

EXCHANGE PLACE.

&

CEDAR STREET.

New

Co.,

New

Co.,

BANKERS AND BROKERS,
8 IV A L L STREET,

York.

laanes

Rallwsft. awoUaM* aaa
Lowu on the London lUrk«t.a«t( a* AantfM

RsUwars and other Corponttlooa,

or Resiatratlon of. Slocks In Londoa, or

Cable

WALL

STREET,

NEW

TBI

and Porelsn Excliance

Railway Debenture Trust

»nd

sell

Investment Secnrltlea.

on

2.647.

H.

J.

MORSK.

STOCK BXCHANOU.

or

and STOCKS, and

all

NEW

the
YORK
repatable Secarlttes

In at
all

IlBud Olllce, 3 Angel Couit.

SAN FUAN<;iSCOOtllcv,422 Culiroriila St.
NEW Y'OKK AKcnU, J. A W.SeliKman & Co.

BOSTON

Correepond'tg, MossacUueetts N.

tattaortzed Capital,

•

•
•

-

-

-

-

-

96,000,000
1,500,000
400,000

KUKll'K

)„

I,0\V.

K.

Hong Kong &
BEAD

DBPOaiTS. subject to check.

Shanghai

The Corporation

A8 Brondn-ny,

cor.

Branch IMBce, ViH

KKK

M.

Kxcliaiige

BO

Place, N.

H.

D. A. BOODT,

i>.

grant Drafts, Issue

TURNER A

liO Halle at.,

Chicago,

Hox

447.

W. MCLEIXAN, JB.
Rkcben Lelakd.

CO.,

„_„__„_ New York Stock Exchange.
MEMBERS
j Philadelphia Stuck Exchange.
i

Narr

&

AMERICAN BANKERS,

C.

STUTTGART, GERMANT.

Co.,

BANKERS,

R VNKKUS,

d:

sold

xcbungo. Adrance*
stock
business paper and other securities.
>•

&

made on

BANKERS,

W. BLIJDENSTEIN &
•

•

•

•

EsTABuaecD

CO..

HOLLAND.

itni.

Snbacrtbed Capital, 8,000.000 - Gnllden mMOMt.—i
(13,148,440.-)
Pald-Up Capital, 7.«7I.I00*
SID.HOSMT
ReaerreKund,
asaa.MASft)

Head once, AautarAaai.
BRANCnS:
Lon<l*B— KXCBANOS A IW VBTMMIT
n.

No*, se

w. BLUDBirarnni *

*

BAHK

Ob.

M Tbwdnwd e tlUMt, M.a.
l

Railerdam— DBWISBKL-ea BmCTKHSAJIK.
Enechcdp-B. W.

BLUDKNmiN,

JB.

Alaselaa-LKDBBOBH k CO.
TiuAwt a naaral B»nMn« aa« OoaalMloa SmI.
n«M

In BUIa, Stocks, Shsrsa, Ooasoaa, As.

New Tors OoBaisFoaDana

Co.,

UNITED BANK BDILOING, FRANKPORTONMAIN,
fYall Street, Corner Broadway.
COililERVlAL FAPBB.
BTOVKS, BUS H
E. Wuthrnann
on commission
Stocks and Bonds bought and
Now York

B.

AnSTERDAfflt,

of

L,0.\l>ON.

L. de Steiger

at

I..etters

THREADNEEDLK STREET,

Y

TRANSACT A OKNKKAL BANKING BUSINESS,
INCLUDING TUK PUUCIIASK AND SALE OF
STOCKS AND BO.VDrt KOK CASII OK ON MARGIN. BUY AND SKLL INVESTMENT SECURITIES. INTKRKST ALLOW KD ON DEPOSITS
HUBJB<,T TO CHECK AT SIGHT.

Bankvereeniging,

BONO KONO.

Shanghai, Hankow, Yokohama, Ulogo. San l>>ancitoo
and I,<indon.
A. ni. TOWKSEND, Agent. 47 nilllaia Si

A. P.
B A N

I7.500.OOC
4,100.000

OfTICB,

(Credit for use of Tnivelere. and negotiate or collect
UlUs pityabie at nnmbii7,1'a.cutta, Singapore, Saigon.
Koocbow, Anioy, NIngpo,
Manila, Ilntig Ktiiig,

iBoodtft

De Twentsche

_

BANKINU CORPORATION.

Snrplaa

£1,956,410 SterUnc

IGNATZ STEI.NUART, t"'"'^*"-

In the OPEN MARKET. LOANS
CAPITAL
COMMERCIAL PAPER negotiated. Interest RESERVE FUND

paid on

CAPITAL PAID UP, with

P.N. LILIENTllAl,. Canhler.

bought and sold

and

Bk

Transact a general banking bustneu. Issue Commercial credits and Biltsof Exchange, arallable In all
grts of the world. Collections and orders for Ikiiid)*.
tocks, etc., executed uiiiin the most favorable terms.

l^euj^ORiO
CommlBslon GOVERNMENT

RAILROAD BONDS

LONDON,

Pald-np Capital,
Ueaerre Fund, -

-

oluses of Securities dealt

BANK BVILDINOS,

Same Direeton as Ihe Railway Short Druit
Company (lAmUed).

(LIMITED).

Transact a General Banking Bualneas. InclQdtnK
tbe purchase and sale of STOCKS and BONDS for
€aah or on marKin.

Parchaae and

4

Anglo- Californian Bank.

STREET,

§T.

No.

LONDON, ENGLAND

New York,

^5 f me

COillPANV (LIMITED),

Co.

BOX

c

YORK.

forctgn gauUevs.

BANKERS,
18 WALL
P. O.

tbaaM.

Ad dr e n Patt. Jxaniom.

CtREE\ & BATESIAN,
Private Wire to Washington.
CO.. Wastiivotov. D. C.

WAyLA.VD TRASS.
W. CHILI.

eltbeT la

terof pajmanteof tnteraatoa Loan*. DtrKiali aa.

BATEMAN A

A. M. EISDKR.

undartakea the bnsiaMi a< TraMe*

Doroijkss Orikn,
Memb.N.Y. Cotton Bxeh.

Memb.N.Y Stock Exch.

Stocks, Cotton

Sell

Uumgttm MreMor.'

to Loana of approTed

York.

A.E.BAnMAN,
85

Bay and

Siq.,

No.

BANKERS AND COMMISSION MERCHANTS,

C^

PAW,

Tbu Companf

tlea

W. H. Goadby &

BANKERS AND BROKERS,

8 Ezcliaose C.oart.

rtrrtnaia

Maumim a. Lai»o, §«.
Joaw lloaATio Liom, Mi^.
John Pkviiih, Eaq., M. p.
Sir UEimr DBCMHoau Wolpt.
O. C. M. 0„ K. a B„ H. P
SnCiAaua LAVBBura rutma. But.
FRANCIS

Co.,

Banking Bnalneaa, bnj
and Sell Ooremment Bonds and InTeitmant Secnrl-

Co.,

R. T. Wilson

&

Oilman, Son
In addition to a General

A>embera N. Y. Stock Kxcbange.

No. 51

" r

nANKERB,

PRANKENHEIHKK. M. SEI.IOMAN,

&

Co.,

BANKERS AND BROKERS,
18 Broad Street, New York.
STOCKS, BONDS, iJRAIN AND PKOV1SION8
bnnshtaod sold In New York and Cbkawo market*
16

No. 62

NO. 20 NASSAC STREET,
NKW YORK.

Asiel

&

Turner

J.

BA1VKGRS,

!> a.

DIRMOTOUM:

NEW YORK.

PINE STREET,

«9TI,8M atarMac.

Capital Paid i;p,

OnmuL Bnrrr nenaaaoir, o. a I.

miirlttit.

No.

BANK nil|LBtN««,

No. 4

eold.

Co.,

BXCHANGK PLACE,

B. AaiBi,.

lUIIwajr

Wierum,

Brokers in Kailroad Stocks and Bonds,
OOVBRyMKNTS <t roHHIOS KXCBANOK.

20

U4

Town

Railway Share Trust Co.

EXCHANGE PLACE,

so

stocks.

CItf,

TUB

GERMANY.

& Co.,

BRESIEN, UBRKIANY.

Mesira. KNAUTH.

Bank of

NACHOD A KUHNB
Australasia,

(INCORPnRATBB

IS8B.)

4 Tbreadneedie Nt., Loadoa, Baslaad
rAiD-iP CAPITAL, «i •oojoa.
GnaiantM aaa llw 'is raads, tT*t,1Uk
Lsttan of Crsdit and OnlU Usai d ca <*a
f
knuobeaot the Bank lotlMOotoBlsa
New South Wa>«s. ? ISMils. fcath Au^Dla and Msw T '

<

CuUsction. TslMnphM
ruosived la Lon<too si I

sacs
Mnu WBldB Bar bs
PUDBAVX

MB

:

THE CHRONICLE.

IV

XXXVm

[Vol.

©atia^aiau gaixluers.

&

Brothers

Blake

Bank of Montreal.

Co.,

Solicit accounts and agencies of Banks, Railways
Corporations, firms and Individuals, upon favorable terms; also orders for the pnrcbaae and
sale of Bouds, Shares, &c., &c., on Commission

OAPITAIi, • .
^12,000,000, Gold.
SURFIiVS,
$6,000,000, Gold.
C F 8MITHERS, President.
W. J. BUCHANAN, General Manager

...

on the Stock Exchange.
Negotiate Railway, State and City Loans and
Issue Commercial Credits available in all parts of

TOBK OFFICE,
61 Tf Alili STREET.
WALTKR WATSON, Agents.
._„„,.

&

the world.

!

ALEX'B LANG.

Nederlandsch Indische
Handelsbank,
AnSTERDAm,

HUIiliAND.

ESTABLISHSD IX

BliAKB BROTHERS

London

No. 9 Rlrchln I<ane.

Office,

AGENCY OF THE

No. 52 TTALIi

BANKERS

BANK Limited,
Plate, &c.

available

COMMER-

&

Gzowski

ENOLAIVD.

BBANCBBS
Bond

&

Faddington,
Aldgate,
Old Street,

KntKhtsbridge,

HolDorn,

No. 35 South Third

Agency of Foreign and Colonial Banlts.
A. G. Kl!:NNEDr, Manager,

Estabrook,

AVOOD STREET,
PITTSBDRC, PA.

No. 97

Dealers In Government, State, County, Municipal
and Uailroad Bonds. Kxecute orders iu all SECURITIES llsteJ at the. New York and FhUadelphta
Stock Exchangea by Private Wire.

Co.,
BROKERS,
PITTSBURO, PA.,

Buy and

sell all classes of Western Pennsylvania
Securities. Corresuondenc© solicited.

CONGRESS STREET,
BOSTOSr.
BIEMBERS OF THE NEW YORK AND

^alttmor^ '§miUzvs.
3.

Imperial Bank of Canada.
SURPI.US,
H. S. HOWLAND.

-

D. R.

Pres't.

BANKERS AND BROKERS,

Dealer. In municipal, State, Railroad

aod Vnlted State. Bonds.

Charles h. Sheldon, Ja,
-^1,600,000 JosHtiA Wn.Botm,
$678,000 BEMJAUIN A. jACKSOJf, WlLLXAM BINNEY, JB.

WILKIE.

Cashier

Wilbour, Jackson

I

BANK

OF

MONTREAL,

73 Lombard Street.
59 Wall Street.
Promptest attention paid to coUections payable In
any part of Canada.
ApprOTed Canadian business paper discounted at
the Head Office on reasonable terms, and proceeds
remitted by draft on New York.
|

Merchants Bank
•

.

$5,700,000 Paid Up.

52

W^EYBOSSET STREET,
PROVIDEiyCE, R.

ANDREW ALLAN. Esq.
UOBEKT ANDERSON,
HEAD OFFICE, ITIONTREAIi.

President.
Vice-President,

FrlTate Teleifraph Wire to

The New York Ajrency buys and sells Sterling ExohanKe, Cable Transfers, issues Credits available in
ftil parts of the world, makes collections In Canada
and elsewhere, and issues lirafts payai>le at any of
the offices of the bank in Canada. Every description
of foreign banking business undertaken.

61 IVall Street.

HARRIS,

)

JK.,

Correspondence solicited

and information

N. Y. Correspondents— McKim Brothers

New York and

a

fu-

A

Co.

BostoD*

No. 4,

TRANSACT A GENERAL DOMESTIC AND
FOREIGN BANKING BUSINESS.

MEMBER OP BOSTON STOCK EXCHANGE.

Parker

J

.„„,.
AKSDM.

&

E.

Jackson

iDK

seil

Qoremment,

Bonds and

Banks a

Stoctis.

specialty.

Texas.

attention to

ooUeotlons on

DiuECTOK.s.— Benjamin A. Botts,

&

Co.,

all

State, Municipal

F.A.Rice,
B. Botts, Rob't Brewster, 8. K.

'..C. Baldwin, W.
UcIIhenny, B. F. Weems.

B. K.
H.

miDDLETOTVN, CONN.,
Buy and

a\ve special

tccessibie points.

BANKERS,

liallroad

Houston,
We

BOSTON.

C.

'§^inktvs.

OF HOUSTON,
CAPITAL, $500,000,

DEVONSHIRE STREET,

No. 60

,§>0iitltjevtt

THE CITY BANK

Stackpole,

BANKERS,

BANKERS:
LONDON, BNO.— The Clydesdale Bank (Limited.)
NEW yOKK—The Bank Of New York, N.B.A.

B.

BAI.TIIIIORE.
INVESTMENT and SOUTHERN SECURITIES
ipeoialty.

Qlshed.

I.

No. 4 Exchange Place, Room

Esq.

OEOROE HAGUE, General Manatter.
H. FLUMMBK, Assistant Oeneral Uanaser.

JOHN

Co.,

BANKERS AND BROKERS,

Robert Garrett & Sons,
BANKERS,
No. 7 SOUTH STREET,
Samuel G. Studley,
BALTIMORE,
COMMISSION STOCK BROKER,
ExohanKe.

J.

HENRY HAGUE.

&

Wilson, Colston

Dealers In CommerciHl Paper, Government and
other first-claaa Bond^ and Securities and Foreign

$1,150,000

New York Agency, No.

Members Baltimore Stock Exchange.

BOSTO!V, 9IASS.

OF CANADA.
Capital,
Beserre,

& Co.,

BANKERS AND BROKKKS

BRANCHES:
Port Colborne, St. Thomas, Ingersoll
WeUaad, Fergus. Woodstook.WiunlpeK. Man.,
Brandon, Man.
Dealers In American Currency & Sterling Exchange.
Agents in London
Agents in New York:

Bt. Catharines,

BOSANQtTKT, SALT & CO.,

(KKYSER BUILDING),
& £5 GERMAN STREET,
BAIiTIMORE, IHD.

Nos. 23
Box 397.

,

HEAD OFFICE, TORONTO.

:

WM. B. OLrfEB.

WM. MIDDKNDORF.

Middendorf, Oliver & Co.

ALSO,

-

&

Geo. B. Hill

No. 3S

BOSTON STOCK EXCHANGES.

(paid ap),

Co.,

BANKERS,

London.

The Bank, while conducting the general business
London Banlfers, give^ special attention to the

of

CAPITAL

&

Rea Brothers

Cobb

Brewster,

Tottenham Court Boad

Street,

Lndgate mil,

Co.,

BANKERS AND BROKERS,

gttfllantl gauluer?.

Hjenj

&

Clark
BANKERS,

TORONTO, CANAOA.

..... £4,000,000
......
4,000,000

1,000,000
Reserve Fund, ;£S00,000.
HEAD OFFICE, THREADNEEDLE ST.

W.

E.

Stocks and Bonds Bought and Sold on Commission

Anthorlzcd rnpilal,

SubNcribed Ciipital,
Paid-lip Capital,

Orders executed by pnvate wire in New York, Bos
ton and Baltimore.
Drafts issued on all principal points in the United
States and Europe-

Buchan,

Prompt attention given to Collection of Commer
dal Bills and Canadian Funds on all points in Canada;
American and Sterling Exchange, and Stocks, Bonds
etc., bought and sold.
<^'irri>»pondents— Bank of New York, New York;
and Alliance Bank, London.

(LIMITED,)

L.O]VDO]y,

M. Shoemaker & Co.

BANKERS AND STOCK BROKERS,
No. 134 SOUTH THIRD STREET,

St., PhUadelphla.
DEALERS IN CAR TRUSTS AND OTHER
INVESTMENT SECURITIES.

[

BANKERS AND STOCK BROKERS,
& Ca

Robert M. Jannbt.

Agents.

MCTAVISH
STIKBMAN,

D. A.

AND

coinmissioN hierchants,

The City Bank,

Jos.

Shoemaker.

& HKA/JLIAN
in the Brazils, itiver

and other banking business trans-

Bills collected

H.

N. Y. Correspondents—Messrs. BijiKX BBOS.

Jos. M.

PHILADELPHIA.

issued in Pounds Sterling
parts of the world,
for use in Kurope,
^Ve9t Indies. Also,

all

CIAL. CREDITS ISSUED
China, Japan and the Ka«i and
in name of NEW LONDON
acted.

AMSTERDAM, HOLLAND,

^mn$^mii:x gatifejers.

STREET.

sell Sterling

CIRCULAR NOTES

Adolph Boissevain & Co.

Dealers in Municipal. Stat* and Kaliroad Bondi.

OP

Chicaeo.

STATE STREET, BOSTON.

STATE STREET,
BOSTOiV, MASS.

No. 40

AND BROKERS
North America, BANKERS
No. 322 CHESTNUT STREET,

British

available in

Co.,

Co.),

PHILiADELPHIA.
Narr & Gerlach,

Exchange and Cable Transfers. Issue demtind drafts on Scotland and Ireland;
also on Canada, Britisb Columbia. San Francisco and

WALL STREET, NEW YORK.

Sweet &

BANKERS AND BROKERS

Bank

Buy and

CO.,

Oc

AOBNTS FOB North America,
28

Sterling Exchange, Francs and Cable
Transfora; grant Commercial and Travelers' Credits,
available in any part of the world; issue drafts on
aud make collections in, Chicago and throughout the

Dominion of Canada.

Agencies in Bataria, Soerabaya and Samarang.
Correspondents In Padang.
Issue Commercial credits, malce advances on shipmerchandtsei and transact other
staple
ments of
business of a financial character in connection with
the trade with the Dutch East Indies.

18

i

Buy and sell

1863.

Pald-tJp Capital, 12,000,000 Oallders
($4,800,000 Gold.)
HEAD OFFICE IN AMSTERDAM.

(Formerly CHA8. A.

JV^TF

Nos. 69

&

Dupee

Perkins,

and

WBEM8. Cashier.

BURRUSS,

First

BKNJ. A. BOTTS.Pres't
A. K.

Walker,

ColleotloQS

Cashier

National Bank,

WIIiiniNGTON, N.

Inrestwents tot Sav.

Coltecttons made.

Pres't.

Pres't;

made on

all

C.

parts of the United Stt'es

:

JCAK

THE CHIIONICLE.

1884.]

38,

Monthexu Sauluevs.

&

Thos. P. Miller

jiafe §tpo8it

Co.,

The

Safe Deposit Co.
OP NEW YOBIl,

BANKKK8,

jnOBILB,

ALABAMA.

Bp«fita1 Httentliin paid to oulleotlons,

The

with prompt

r«mtttHnoes at current rHt«fl of exohanitfl on day of
parment. Bur and Hll 8tat« of Alabama and Cltr

W.

:

Lonlalana National Bank,

Orloaiu

P. A. WlI,kT,

President.

Caahler.

The Bank

of Durham,

DlIBHAin, N. C,
With ample meana, and faoilltloa excelled by no
Bank In the State. Invltea oorreflpondenoe and pays
CoiTKTNKY. Pre«. Krnkht

C.

BAKK OF

11.

comer of Leonard Strcci.
,\KW YOHK.
Safes to rent from $10 to $200 per year,
AND CAN BK HKNTKI) KOll A

DAY WEEK OR nONTH.

JOHH

P.

BHANCH,

President.
K. Scott, Vloe-Pres't

kred,

F. Qiatrs, Cash,

THOMAS BRANCH

raONTAGVE

OAS SECURITIES,

plemenf-

Wholes.

Ueorn

SAFE INVENT.HENTS.
PERCENT ItOND.Hand MORTGAWBA
'

i

ir«a

I

III

palil

yiir

111

and Trust

IN.

>

Dallas. TkXAB.

1871.

Co.,

Defaulted Bonds of Mlssour*, Kansas and llUnols a
Bnectalty. Good Investment becurltlea, paying from
4>^ to 10 per cent, for sale.

STATE BANK,

)

Incorporated 187S.

(C. T. WALKER
Cashier.

{

German Bank,
LITTLE ROCK, ARKANSAS.
Capital (Paid In)

-

-

-

DEALER

W.

all

wm. w. Thornton.

Thos. M. Thornton.

TIIOBXTOX &

F.

A.'VD

D>

BROKERS,

Bankof Comu erce.New

Ui.ion National Bank, Cinrliinatl. Third
Bitik. Ht. Louis. Traders' Bank. Chlcugo,
•J»».lnn
Harrison's n nk Indianapolis

York.

I

Sherman S. Jewktt. Pres. Josiad Jhwett, V.Pres
William

C.

Cornwell,

Bank of

Cashier.

$300,000

BUFFALO,
Tills

N. Y.

facilities for making collecaccessible points In the L'nitod States,
Europe. Liberals terms extended to

bank has superior

tions on

all

Canada and

accounts of bankers and merchants.
CoiuiESfONbENTS.— New York, National Sboe
Leather Bank Union Bank of London.
;

Terre llaute

Mexican

rARMS.

Interest and prtnolpel

In

poM

tke

« dur o< m.

and sample forms,

f. M.Pl'i
L. :i

WARNK.Vloe-Pre^U;
COAS. W. OlLLaTT.

-ident; J.

Treas.

,

K

-MorMarT.
Aedttor

.IT,

THB
Kansas Loan & Trust Co.
TOPEKA, KAN.
8WKKT,

GEO.

Pres.

NOBLB,

II.

gee.

olrcnlar.

A

Farm Mortgages
Sams

of $100 and L'uwards oa ladlana and Ohio Lands.
NOTHING SAFKR.-AI.WAT'i PKOaTPTLT PAID.

In

bENI) Full 1-A.MPIII.RT.
JO$i. A. itIOORE,

E.

IIEAUMOS DC

INSURANCE STOCKS

Stock.

No. 8

&

Flagg,
Duncan Building, Cor. Nassau & Pine Sts.
KNTRANCB

No.

BROKERS AND DEALERS
IN

10
10
15
100
80

American.

'^"':

'

"^

'

TO HOLDER!* Or DBrAt;i.TB»
BONDS.
andenUned

earreeaesiaeaM

wttk

all

or Sobool DIsUMa. Will porahaae at beet ntfiL
QlTe full description and addrsea

T. J.

Vork.

ll"i

Inrltee

WESTEB.N DaTAULTaO OB a*.
rUDIATBD BONDS of atles, Cimntlea, Towwsfcipe

OiRBW, JR.,
^^B'Afr^r^^A' •w

ir»-

Empire

frank.* Em.

all kinds or

St.

J*n«rh, M*.

onal.

'

,

Kaille.
lli.i'

in

|Sl

Ccntinental.
City.
Farratiut.

Co.,

Railroad and Inrestment Secaiitleib

_ol«ers of

FOR SALE-INSURANCE STOCKS.
!iO

dbaluhs

The

B O Pf I> S.
Shs.

&

WALL 8TREBT, NBW YORK.

BODTOIRH BECUKima A BPBCIALTT.

PINK STRKKT,

11

PINB aTRBKT.

Simon Borg

Bonds.

A Indiana Bonds and

Reed

Bailey,

S.
f

«.

Cash peld at once for the above sseuttUii or tkay
•Ul be sold on eommtsslon at seller^ oetlo*.

Sds.

A Indianapolis Stock.

(Corliss)

tirand Kaplds

I

.;,i,,>

Mi

li

,

.t

1

mix.
H'-i.>r,

1.-

Trad,

."hi

STOCKS

-Itrliug.

S. p. WI\TKIKGIIAm,
OAS, IN3CRANCE, BANK STOCKS,
No. 3tf flNK MTItKKT, N. Y.

H.

Buffalo,

CAPITAL,

InTseton the beet saearttles

awtil
MOBTUAUB LOANS UPON IMPKOTiB

riRST

A SPECIALTY.

Kome Watertown A. Ogdensburg Ists and
Oswego & Home Bonds.
Jollet A Northern Indiana Bonds.

Shs.

Collections made in Shelby and adjoining Counties
Id Proceeds remitted on Day of Payment.

RKfc'KBKNCKS— Na'.lonal

Albert E. Hachfield,
No. 6 WALL 8TBEET.

SO\,

HHELBYVILI>E, IL.LLNOIS.
a

Co.,

Stock*, Insurance Stocki, 84 East .narkct SC, IndlanapolU,

Cash.

(Established 1859.)

BINKEUS

Bank

^360,000

-

business In our line.
N. Y. CORRESPONDENTS.— Donnell, Lawson & Co.
and the Metropolitan National Hank.

Prompt attention given to

WESTERN

Of Interest. It has neiroilated oti
of these loans for SaTlnfs Banks, Ineimae* 0<m*>
panles, Estatee and prinUe putlaa laeL
nor

WANTED:

OLIVK STREET. ST. LOUIS,
Dealers In Western Securities.

5

i

iCEKlUSTMOHTOAOE LUAMl

NASSAU STREET.

No. 21

Bonds and Investment Securities

S03

President.

Dauiuw. PN^t.

the oldest and lanmt Instltmion In R.aosas,
glTlns excloi^Te^attenuon^tj^i
entlon to ^tbe Jte^rtlmtin^
Inc of

Transact a general Financial and Agency Business In
the State of Texas and Europe.
New York Correspondents: C. E. WELLB9LKY,
General Manager,
BLAKE BHos. & Co.,

D. G. FONES,

•

B.

", Beakar«.N. r. CHr.
uitALBA»K.Clil«^»,im»a>«.

Is

CITY RAILWAY STOCKS
THE
G.A.S STOCKS,
Texas Land & Mortgage TRUST CO.'S STOCKS,
COHFAlfT LIMITED,
TELEGRAPH STOCKS,
(OF liONDON, ENGLAND),

&

Law

-iir.

T. Stook Bxehange.

The-fundtnK of entire issues receives special attenWrite us if you wish to buy or sell.

Keleher

fj^g.

.v.^i froM

^
...11.

T. B.

state, County, City, Town, School.
and Car 'IVust Bought and Sold.

F.

<iat9

t..

New York, nnda pnaiptiT ptaeadl hum
experience. No losses. Benil tor drmiar, ntaranoM

BUB OAS QUOTATIONS IN THIS PAPBB.
Gio. B. Prentiss,
W. w, Walsb
Member N.

„|t(

.

Kuii':

u.

tli'tilnr.

tion.

P.

•

tnrlty in

DEAEBORN BTBEET,
CHICAGO, II.I..

ESTABLISBEII

.

years' experffi'

Offers to

No 176

Wall Street.

r

J.tr.lSwm

LAWBBRCK, KANSAS,

Railroad Stocks and Bonds

Street

DEALT

Co,,
IKVESTIHENT BANKERS,

tloirr

Farm Mortgage

Aim

AND ALL KINDS Of

nTw. Harris &

X>V7l> Uij,

.

Banki W. A

rut:

BROOKLYN SECURITIES

t}/^"\TT~»C!

II

Hn

of the banklnj: fljiu
I). Hswd, Itanrkmaii..

'

KKlB.

r..r

KTIFM.

I

(II

H

Kallniail.

TT-TAH,

<»..r?T

DiHKi
tinnal
ticinal

><

KIOimOND, VIUGINIA.

VlrKlnla Bonds funded under the Funding Act
passed by the last LeKlsltiture, f u r
per cent commission. Now North<'aroHna 6 per cent bonds, secured
by lien I'n the State's stock in the North Carolina

Co.,

.

Pald-QpCai

GAS STOCKS

CO.,
BANKERS AND COMMISSION MKBCHANTS
A.

I

.M

BBOOKLYN.

ST.,

Ilaaii

M T K l>
..

III.'.

AMD

208

UMITIl.

l>.

NCIIUIMTKli nv TIIK

Geo. H. Prentiss & Co.,
No. 40 WALL BT., NEW YORK,

Southern polnta on best

al.

I"

J

LIVE STO<

Fir

MERCHANTS' NATIONAL BANK,
RICHMOND, VIKGINIA.

J

vestment

iii

or rOMr

ilpjccial %n-otstmtnis.

CHAKLESTUN,

I

Tex;io

7

CIIARLESTOIV,

JOHN

M.

I, I

rHiNOi.c, Caab

Nationai, Banking Association
8. C.
SPkciAL Attention oivin to Coluctionh.

Collections mnde on
terms; prompt returns.

UMt.

the Worlil.

MAKIIAT'rAN
Safe Deposit& Storage Co
846* 848 BROADWAY,

peolal attention to oolleotlona.

Wm.

la

Islieil

ic
140 Broadway.
FKANCIH II. JKNKM, Pr*at4eat.

i

Liverpool, I,lmlt6d, Liverpool.

BUICKWILL,

T.

N«w

F^tnli

140, 14a

Comispondents.— Bank of Uio 8tat« of Naw York

Bank of

First

ilpcclal InueBtmcnts.
W.J. Ml

OFFERS lINKiirAI.LKH SKCCRITV.

of M..hllo Bondii.

New York

€ampnnitt.

Ac.

L. Grant,

No. 14S BROADWAY,
NEW YORK.
CITY RAILROAD STOCKS & BONDS
BOUOnT AND

BOLD.

Bee qaoutlons of CItr Rallroed* In this paper.

^^^^^F^^f^^%

and

BONDS

At Auction.
The UndenlKSed hold

SALES

KEaULAR

AUCTieit

of all claaeM •(

STOCKS AND BONDS
oa

WBDNESDATS and SATL'RDATe.

ADRIAN
No.

7

H. aiLXLER

*

SON,

PINE BTREET. RSV YOBK.

—

;:

THE CHRONICLE

xa

^iviam&Sf

"gutevcst,

Stc,

ST.
THEMANITOBA
RAIIiAVAlf

CO.,

NEW YORK.

NO. 63 AVILiIilAM ST.,

Jr.N-F. 27, 1S84.

The coupons maturing July 1, 1S84, on the f<ilh»wing bunds will be paid on and alter that date on presentation at tiiis office.
St. Paul & Pacitic Railroad Co.. $7(X).O0O Mortg.
St. Paul .Minneapolis & Man. R'y Co., 1st MortR.
St. Paul Minn. & .Man. R'y Co., Consolidated Mortg.
Minneapolis Union R'v Co., 1st Mortgage.
Checks will 1)C mailed on .lune 30 to the holders of
Registered Consoli<lated Mortgage Bonds for the interest due thereon on ,ruly 1.

EDTTARD

NICHOLS, JR.,
ASSISTANT SECRETARY.
''HE I.AKE SHORE &. MICHIGAN
F.

SOUTHERN RAILWAY

-I-

CO.,

rREASUKKR'S OFFICE,
TRKAS
GKAN1> CENTKAL DP.POT.

Nkw Youk.

June

)

>

25. 1884.)

Directors of this Company have this
OUARTKRLY DIVIDBN'D of ONK
O.NEHAIiF PERCENT upon its capital stock,
payable on KKll)AV,the FIRST DAY OF AUGUST,

The Boaid of
1 declared a

AND

HtoX'V. at this office.
The transfer books will be closed at 3 o'clock P. M.
on MONDAY, the aoth inst.. and will be re-opened
on the morning of Tuesday, the 5th dav of August
B. D. WORCESTER,
next.
Treasurer.

W^OTICE.— COUPONS OF

THE

FOl.-

LOWING BONDS,

maturing July 1, 1884, will be
paid on and after that date at the office of Messrs.
62
John Paton & Co.. No.
William St., New Y'ork
Dubuque & Siou.y City First Mortgage.
Dubuque & Dakota First Mortgage.
Centra! RR. Co. of South Carolina First Mortgage.
Northeastern RR. Co. (S. C.) Consolidated Mortg.
Joliet Steel Company First Mortgage.
Joliet Steel Company Secfind Mortgage.

IITANH.ATTAN SAVINGS INSTITIITION. 644ANn 646 BROADWAY. June 24, 1884.
SI.XTY-SIXTH SEMI-ANNUL DIVIDEND.
The Trustees of this institution have declared interest on deposits (entitled thereto under the bylaws! at the rate of FOUR PER CENT per annum
on all suras remaining on deposit during the three

or six months ending June
after Monday, July 21.

Payable on

30, Inst.

EDWARD

SCHELL,

President.

-*- on the follnwin:: hniuls and stocks are payable at
the banking liouse (tf Messrs. WINSLOW. LANlKlt
& CO.. corner of Niissnu and Cedar streets, New
York City, on and after July 1. 1{:«84
CuUimbus & H<ickinK Vallev Railroad Co.—
Second MortuaKe 7s.
Cincinnati Hamilton & Ind. Railroad Co.—

MortgaKC

First

Cincinnati

CUicajiro

First Morttraj^e Ts,
Coluniiins. Indi.ina—
Mtinicipai, 7 3-lOs.
I rincipal Bunds Nos. 3

School

and

Improved Property
Worth from Three to Fire Times the
Amonut of the Mortgage.

4.

lOs.

& Michigan

Railroad Co.—
Consolidated Murtga;je 5s.—

Frankfort..

Indiana-

I]>fTEREST

School lOs.
School Os.
Grant County, IndianaGravel Road 7s.
Court-house 5-208.

COMPANY, (Mii.T.s Building,) 15 Broad Street,
New York. Juno 26, 1884.
DIVIDEND No. 96.
TUB MONTHLY DIVIDEND of FIFTY CENTS

Southern Park 7 3-lOs.
Union Railroad Os.
Johnson County, IndianaCourt-house Os, Principal and Interest,

We have had

New

BROWN

H.

M.

Secretary.

A; NORTHERN PACIFIC
ST. PAIH,UAII.WAV
COMI'A.NY.
A semi-annual illvidend of THREE PER CENT
on the Ca[>ital stock i)f this company will be paid at
thel>anking house of Messrs. WINSLOW LANIER

& CO., 26
July

New York

St.,

Jail Os. I'riucipal

New Orleans-

and

for Insurance

Water-works

Interest.

Massillon & Cleveland R.R. Co.
First MortKJtge 7s.

by

transfer books will be closed from
inclusive.

15,

GEORGE

S.

T^OTICE. -COUPONS OF
LOWING BONDS,

June 30

to

JONES, Treas urer.

THE

maturing July

I,

FOL-

be
of Messrs.

IStU, will

paid on and after that date at the office
Co., No. 52 William St., New York
Chicago & Alton First Mortgage.
St. Lous Jacksonville A Chicago Second Mortgage.

John Paton &

Co.—

Loans are made only on very desirable, Im

First -Mortfiage 7s.

Railroad

POURTH
THE CITY

86, 1884.

clared a

The Board

DIVIDEND

New

York, Juno

of l>irectors have this day <lo<.f FOUR PER CE.NT, payable

on and after July 1, 1884. The transfer book will
remain closed until that date.
P.p. BALDWIN, Prest. H. BUCKHOUT. Cashier.

'THE
MERCANTILE
NATIONAL
»-BANK, New York, June
18H4.
24,

DIVII)ENI).-Tho directors of

have this
I'KR CE.NT,

this liank

THRKK

flay declared a dividend of
free of tax, payable on and after July 1. 1H*4. 'I'he
transfer books will remain closed uiitii tluit date.

FRED'K

li.

SCHIONCK,

PRINCETON
THE
BANK,

Cashier.

NATIONAL

located at I'rinceton, in the State of
Jersey, is dosing up its affairs. All noteholders
and others, creditcu's of said association, are therefore notified to present the notes and other claims
against the association for payment.

New

Dated May

17, 1881,

S. T.

and the abstract of

SEGER,

examined

Aud

in

no ease

do we lo.m more than Zi 1-3 per cent of the

Turnpike 8b.
Wheeling City, West Va.—
Compromise 6s.

appraised value of the property.

JULY

Located as we are atKansas City, the Metrop-

5.

Blackford County, IndianaGravel Road 78.

JULY

Southwest, with a population of

olis of the
8.

JULY

15.

JULY

20.

100,000,

we

are able to select from the

desirable locations, and place

Paul & Northern Paciflc Railway Co.
Semi-annual Dividend of 3 Per Cent.

money

cated in

New

Yorlf or Boston,

most

to a mucli

better advantage for the lender than

Dayton R.R. Co.—

Second MortgUKe 7s.
Vermillion County, IndlanarGravel Road 7s.

Arms

NORTHERN COMPANY.

Theasuheu's Okfice, No. 17 Broad St..
N w Youk. June 18. 1884,

I

ments.

Satisfactory references will be

fur-

nished.

J

Coupons of the General First Morttia^'C Gold Bonds
Comuany, due July 1, 18^4. will be paid atthis
on and after that date. Tlie bociks for the

of this

The borrowers pay us

for

our services, and

otiice

transfer uf the $5,000 registered certificates will
close June 27 and re-open .July 3, 1884. At the Close
of business June 30. checks for interest diic on .said
rcsistered certificates will be mailed to holders of
record at their respective addresses.

ROBERT LKNOX

BKLKNAP,Treasurer.

RAILROAD COniM OBILEPANVOHIO
SINKINO FUND.
Ac

Pursuant to the provisions of the deed of trust
dated May 1, IHTfl. the undersiRued, the Farmers*
Jioan & Trust Compjuiy, Trustees, solicit offers of
h'lrst I'referrert Income and Sinking Fund Debentures of the M<ibile k Ohio liailroud Company lo the
ng^reKale jmiount of 'I'wenty Thoiisanrl Dollars.
Sealed offers will be rcceivod until 12 M. Wednesday,
July a, 1884.

interest

By

is

collected

it falls

Write us, stating
to invest,

and ask

how much yon would

KANSAS

Fifth

PAUL miNNEAPOLIS

NEW YORK.

Spencer Trask

FOR BOYS AND YOUNG MEN
FROM SEVEN TO TWENTY.
Re-opens September

83, 18-4.

Thirtieth Conimencement June 15, 1885.
3,000 pupils prepared for Colleges, Scientlflc
Schools and Business.

CO.,

HOTEL,

ANN ARBOR & GRAND

Charlier Institute,

ac

Avenue

ManiiKCrt HuLel in tlie City, wltli

108 ^Vcst 59tU Street, Central Park.

lllia

CITY, MO.

52 WALL
New YoHK.Juno?3, 18SJ.
]fIadi$on Square,
TlIREF><>UAR'rKRS
ONE AND

Office, No. 150 Broadway, New York, June 14. 1884,
—The coupons (>f the first mortgage bonds of this
company, due July 1. 18S4, will be paid at the Farmer's I<oan & Trust Company, New York, on and
D. M. MONJO, Treasurer.
after that date.

no

for particulars.

JARVIS, COIVKLIN

CO..
R. G. R01.ST0N, President.

^ TRUNK RAILWAY COMPANY, THKABIUEH'S

due, with

charges to Investors.

A Dividend of
Per Cent on tiie I*referred Stock of this company will
be paid at this olflce on Monday, July 21st nextTransfer Ixioks of Preferred and Common Stocks
will be closed on Mondav. June 30, and re-opened on
Wednesday. July 23, 1884. M. L. SYKES. Treasurer.

'^rOLEDO,

New

aud remitted by us in

York exchange the day

THE FARMERS' LOAN & TRUST
ST.

lo-

where they can-

not have a personal supervision of the invest-

PACIFIC RAILROAD

Over

Cashier.

title

Ohio—

Jt

we have

iuspection of the

and approved by our Couustl.

Home 89.

Stuket.

NATIONAL R.ANK OF
NKW YORK.

(^F

made a thorough personal

OMAHA RAILWAY COMPANV.

51ST DIVIDEND,

Directors have this day declared a
Klividend of three and one-half per cent, payable
July 5. Transfer books close July 1.
F. TAYLOR. Cashier.
-•-

proved and productive property, after

security

Company-

8.s.

rjONTINENTAL NATIONAL BANK.
pHICAGO
New York. June 23, 1?84.
V>&
The Board of

when negotiated

us.

8s.

First MortjiHue 10s.

St.

evidenced by the fact

dollar of interest or principal

Construction Mortgage
igCi7s.
Quarterly Divi
per cent Special GuaraiUeed Stock
Scioto Valley Railway Company-

Children's

is

63.

Pitt-l>urg Fort Wayne & Chlcaco Railway
First Mortgage Os. Series "A."
Second Mortga^ie 7s. seii^s " G."

St. J<thn's

and the safety

capitalists,

that not one of our investors has ever lost a

Muncie. IndianaMunicipal Os.
Northern Facitic Terminal Co. of Oregon-

Waterworks

and

of these investments

Ss.

First Morttrage
Peru. Indiana-

Companies, Savings Baulis, Trus-

tees of Estates

Marion. Indiana—

on and after

City,

15, 1881.

The
July

Nassau

property, during

Waterworks 8s.
Louisiana National Bank of
Semi-annual Dividend.
Lake County, Indiana-

e

SCHWAN,

experience of several years in

which time we have placed large sums of money

Lojjansport. Indiana-

& BROS.

Y'ork City.
I..

olassea of securitio

money on improved

lending

I^ainar. Missouri
School Os

Cincinnati Hamilton

WaLSTON

few

tlio

pression in financial circles.

J,oan 7 3-lOs.

QFFICE
OF THE MEMPHIS &
'-'
1884.

one of

Tliis ia

that has not suffered any during the recent de-

Pittsburg Ft. Wayne & Chicago Railway Co.—
llegular Stock, Quarterly Dividend of X% Per
C>nt.

Coupons of the Memphis & Charleston Railroad
Co., due July 1, will be paid on and after that date

NEW YORK

IX

EXCHANGE.

per share has been declared for May, payable at
oCQce of Company, San Francisco, or at the Transfer
Agency, New York, on the the 30th Inst. Transfer
books close on the 25th.
LOUNSBERY & IIAGGIN. Transfer Agents.

CHARLESTON RAILROAD CO..
New York, June 28,

SE^ni-AIVNUAL.

AND PAID PROMPTLY

Refunding 5- yOs.
Grand Rapids & Indiana Railroad Co.—
First Murt^aK^ 78.
Hancock County, IndianaGravel Road Oa,
Indianapolis, IndianaFire Department 7 3-108.

Bridge

rvFFICE ONTARIO SILVER ITIINIIVG

ON

Railroad Co.—

Danville. Indiana-

Dayton

MORTGAGES

FIRST

7s.

Richmond &

Scioto Count V,

Alvori), Secretary.

at the office of
20 Nassau Street,

^ittaiiciaX.

Set.

Ciuisolidated Mortgage 7s.

and

C. F.

g tuifleiids^

jttteyest,

xxxvm

[Vol.

MINNEAPOliIS & T^HE INTFREST AND DIVIDENDS

P.VIII,

a

"

The
and

Liir^'eat.

Beat Appointed and Most IJbemlly
tiie

Most Ceutnu

l-)eIiKhtful Locjition.

UlTCKCOCK, DARLING &

&

CO.

Co.,

Banker's,

HAVE REMOVED TO
i6 & i8 Broad Street,
(Next Door lo Stock Exchange

)

Branch Offices:
rniLAVELPniA.

ALBA XT,

K. T
PROriDEKCE,

R.

I.

SAitAroa^,

AT.

r

mmva^

xmtk

HUNT'S MERCHANTS* MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMKRCIAL INTERESTS OF THE UNITED
STATBl

VOL.

SATURDAY, JUNE

38.

CONTENTS,

NO.

992.

as this in such rumors, and yet there seema to h*ve been

very

THE CHRONICLE,
The

1884

28,

or no foundation for them.

little

Tlie failure of

Commodoro Garrison

last week, and that of M. Morgan's
Monetary and CommerelBl
Kock Island
EnKlisbNews
754 Sons this week, have been claimed as suggestive of the
753 Comuierolal and MlMwUaneoua
News
750 condition of almost every house on the street specially in-

Flnanolal Sitnatlon

Ffatiiios of tlie

Ksport

749

THE BANKERS' OAZETTE.
Money Market,

terested in any property the securities of wliich h»Te
Qiiotatlon8of8tooksandRond« 759 largely declined.
There is just enough plausibility in this
Huilroad Earnings and Bank
Rntm-ns
700 idea to give it a kind of self-propelling power in the presNew York Local Scimrltlei)
761
luveatments, nnd Htato. City
ent excited state of the public mind.
If a stock has fallen
and Corporation Finances... 7G1
twenty-five, fifty or a greater per cent, it is argued that

Ex-

Forcljrn

oUange.U.S.Scourlllcs. Stato
and Railroad Bonds and
Stocks
757
Range In Prlcps at the N. Y.

etoek Exchanice

758

THE COMMERCIAL
Commercial Epitome

TC3
765

Ootton..

TIME3.

I

Breadstuffs

I

Dry Goods

the working capital of these financial agents has shrunk
770
771 correspondingly, and that another dip will wipt; it all out.

Such an argument would of course be conclusive in case
and forced sales, but has no
application whatever to our con8en,'-ative banking houses.
of small assets, largo risks

Ths Comhbbcul akd Financial Chboniclb m

Hew York
,

published

in

every Saturday morning.

Entered at the Post Office, New York, N. Y., aa seoondKilass mail matter.

J

Their situation finds a good illustration in a remark of Mr.
Vandorbilt in an interview with a Times reporter this
week, when he says very properly that he has lost no
money during this decline, for he has sold none of hu
stocks and does not intend to.
Those who can hold on to

TERMS OF SUBSCRIPTION-PAYABLE IN ADVANOEj
For One Year (Including? postage)
$10 20
For Six Months
do
610
Annual subscription in London (inoiuding postage)
good properties will meet the recovery sooner or later;
HI 78.
Sixmos.
do
do
do
ill 8s.
The«o prices Include the Investoirs' Supplement, Issued once in two those who can buy with discretion now, will scoop in the
m( nth.", and furnished without eiti'a charge to subscribers of the
profits; only the overburdened who have to let go their
CHUOXICI.E.
Suliscriptions will be rontlnuod until deflnltply ordered to he stopped.
pultlishors cannot bt^ reajtonsiblo for remiitauces unless wade by
Drafts or Post-Oltico Money Orders.
A neat file cover is funtished at f>0 cents; postage on the same U 18
cents. Volumes bound for subscribers at $1 00.

The

Offices In

England,

The office of the Commercial and Finaxciai, Chroniclr In London
with Messrs. Edwahd.s & i»MiTH, 1 Drapers' Oardfns, E. C. where
eubscriptious and advcrtlsemeuts will be taken at the regular rates,
»rrt single copies of the paper supplied at Is. each.
Tlio otHce of the Chkonicle in Liverpool is at B 15, Exchange
BuilJiugs.

WILMAnWilliam
B. DANA

WILLIAM B DANA.

?
(

.

-Oil).
joa.v o. FLO

19

tk

81

when

the tide must be very- near

less

than

it

is

poor

is

selUng

its

ebb, lose.

on the market even

stuff

for.

We

are

yet,

Of

worth

only writing with

regard to prwiuctive properties that have declineii largely.

Is

^

load

course there

&

Publlahem
fikw ¥OKK.

Co.,

Street,

Pusr Oi FILE Hox

95-<.

While

the

street

is

these dolesome rumor?,

being
the

fed,

yes stuffed,

with

recuperative forces which

wo have on previous occasions referred to, are continuing
to make favorable progress.
A very copious rain has this
all Eastern and Western sections whore the
and drought of the past few weeks had made it such
a necessity.
This will give the new plantings a start and

week

visited

frosts

TJJJS

FINANCIAL SITUATION.

to do probably ensure a fair harvest throughout New England.
have had a Cotton in the Southwest (the section in which the early
week of general disturbance of prices, in many caee.s quo- growth was so hindered by rains and floods) now sends ap
tations dropping much lower than during the panic, and far more favorable accoimts, while elsewhere in the South,
yet there has been literally nothing new developed affect- with limited exceptions, the i)resent outlook is 'or a Urge

The value

just

security has apparently

of a

now with Wall

Street fluctuations.

little

We

ing the real worth of the properties chiefly depressed. The yield.
And as to the great West and Northwest, it is
truth is, there are at present very few buyers of stocks, a long time since we have had a year of so much promise.
our money-lenc'ers not encouraging speculative transact- .\nother week and the reapers will be gathering llie crop

and as eacn decline wipes out a few more margins or
exhausts the hope and patience of still other holders, the
ions,

street supply of certain

being added

An

to,

important securities

although a few are

still

is

winter-wheat belt Where both in quantity and qual
ity the outturn is likely to be very satisfactory, while for
constantly spring wheat and corn the weather and development havs

scarce.

in the

hitherto been

all

that couKl bo desired.

Sun-ly surround-

more than anything else, has served ings such as these are not fit conditions for coltivsting
the purposes of thoso who were endeavoring to force fur- melancholia.
Another feature which should relieve all lingering disther liquidation, has boon the reports circulated affecting
influence which,

the credit of
several

of

prominent

many

of the roads, one at least of oar banks,

trust is the restored condition of

our banks.

When wo

dangerous situation they pre-

our leading banking houses and some other remember the. insecure and
do not remember a week as prolific sented so short a time ago as the middle of

firms.

We

last

month,

,

THE CHRONICLE.

750
and compare

it

with the present position of strength and

ease in money, the change appears almost incredible.

It

proves at least that the disturbance we passed through was

A his"

a surface disorder, not indicating any deeper malady.

summed up

[Vol.

Aside from the unfavorable rumors
ferred

to,

afloat,

XXXVm.
already re-

the special feature of the stock market this

week

has been the attempt to arrest the decline and change the
tendency of prices by forced buying to cover short con-

movement

of tracts, mainly in Lackawanna, "Western Union and MisHouse Certificates. The total issued before the souri Pacific, about the only stocks now which are condisturbance was arrested was $24,915,000; the total actu- trolled by cliques, and therefore readily manipulated. Still
the daily hammering the market has had, with a constant
ally cancelled up to noon of yesterday was $15,105,000
another amount of $2,175,000, though issued, has never dribble of long stock thrown over by exhausted holders,
been used, leaving now in actual use only $7,635,000, of has been sufiicient to keep the tendency downward, whUe
which $6,800,000 are on account of the Metropolitan under the false rumors circulated and unsettling news,
Bank, and being cancelled now_at the rate of about $100,- there have been occasional breaks of more importance.
000 daily. Thus, outside of the Metropolitan, there are Chicago & Northwestern was unfavorably influenced by
at this date less than one million of these certificates in use. the rumor, which was confirmed Thursday afternoon, that the
In other words, the banks are virtually back to a normal directors would issue 14 million of new common stock for
Money is
state- and in a very strong condition.
g the purpose of paying for the Blair system of roads which
loaned freely by them, and though of course they have has been absorbed by the company. St. Paul sympathized
been made more cautious, as they should be, no one with to some extent -syith the decline in Northwestern, but was
good security finds any difficulty in obtaining all the funds further affected by reports of inside selling by capitalists

tory of the period

is

best

in the

the Clearing

;

largely interested in oil, the speculation in which has recentFurthermore, the panic has surely done the country a ly involved some operators in heavy losses.
Rock Island
very good service in correcting our foreign trade. Banks fell because of the conviction that Mr. Vanderbilt's hold-

he needs.

and money lenders generally are forcing speculators to
we are no longer the best market the world
has to sell in and the poorest to buy in, as we have been
for so long a time; instead of stacking up our productions
at home we are marketing them, and instead of dredging
the world for something to buy we are retrenching.
The
effect of this change we remarked upon last week, but the
following statement of the imports and exports at New
York for the last three weeks this year and last year indicates the tendency very plainly up to the present time.
liquidate, so

Kew York Imports.

Week
ending—
June 20..
June 13..
Juue 6..
Tot. 3

1884.

Week
ending-

1883.

$8.881,891'$10.296,242 Juue 24.
8,023,123 10,430,279 Juue 17.
7,974,367
7,0a3,370 June 10.

wks $24,879,081 $27,769,891

Tot.

Setc Tork Exports.

1884.

1883.

$7,771,171

$6,407,(i62

6,389,200!

7,153.823
5.9Sg,727

8,434,075

3 wkB $22,594.44G'$1 9,550,212

New Y^ork our imports have fallen
on the average about a million a week and our exports
have increased in the same amount for the last three weeks.
This shows that at

off

(

)f

course

we have

which currency

lost

much by our

inflation has

instead of bringing

than a dollar now);

tlie

as

this

value.

On

insiders of this property since Mr.

return from

Europe, and also on the belief

Northern Pacific preand Oregon & Trans-Continental fell sharply on
Thursday, under the report that large blocks of the former
held as collateral for loans, had been marketed.
Western
Union was upheld early in the week, but it subsequently
fell, and singularly enough the decline closely followed a
report that a large
loan had been made upon the
stock at
30.
The suspension on Tueaday of Matthew Morgan's Sons had only a temporary effect
upon the market, for their interests in
it
were
comparatively small. The suspension on Thursday of
that dividends are to be reduced.

ferred

Stout
it

k

Co.

will,

it

is

bo only temporary, but

belie'ved,

caused a sharp decline in Canada Southern and Michigan

Central.

this

things to refer to the large diminution of $1,428,712 in the

the otlier hand

company's surplus account during the three months, which
we deemed inexplicable in view of the fact that the deficit

country about $1 15 is netting
we are being benefited by
its

by

liberal sales

Vanderbilt's

of a

nurtured (wheat for instance

still

percentage of

N. Y. Central declined by reason of reports that there had

been

In our article last week on the Erie Railroad, in commenting on several important changes in the company's accounts as disclosed by the balance sheets of December 3 1
1883, and March 31, 1884, we were led among other

foolish speculations

forced liquidation, though coming so late as to rob
considerable

minimum since his failure to
procure larger representation in the board of direction.
ings have been reduced to a

it

less

with our other speculations, extravagances and

made us poor by trenching too largely on the quarter's operations was only $826,165, leaving a
upon our floating capital, economy with new production decrease of over $600,000 unaccounted for. Mr. Stephen
marks the only road there is for recovery, and hence the Little, the Auditor of the road, now informs us that the

expenditures has

smaller imports furnish such a promising feature at the

reduction

present time.

" January, 1884, as against the surplus of the

With

so material a

surprising that

change

in

our foreign trade,

it is

not

foreign exchange should, under the pres-

sure of drafts against the

Dominion loan and other

bills,

tendency.
Hates have
dropped this week three cents per pound sterling, and the
market is still unsettled and weak, with a fair prospect of
declining to points which will admit of an import of golil.

continue to exhibit a declining

Besides the loan bills mentioned, there are drafts

bankers who, finding

it

almost impossible

to

made by

employ

their

funds at satisfactory rates of interest abroad, are using

"

is

September

explained by the " amounts charged
30, 1883, for

We

in

dividend on preferred stock and

"interest on income bonds."

up the mystery.

off

year ending

That would appear

to clear

omitted to take notice of that item

for three several reasons.

In the

first

place

we were com-

paring the accounts of March with those of December, and
not with

then

it

those of

September.

Had we done

would have been incumbent

the dividend subsequently declared.

to

the latter,

make allowance

for

In the second place,

December 3 1 we suphad been made up after

in using the figures of surplus for

posed, of course, that those figures

them here on time contracts on stock and bond collateral, taking out the dividend on the preferred stock, declared
securing good rates of intere,st, the low grade properties in the previous November.
Finally, as the dividend fell
being taken on ample margin. The presence of a few due in the succeeding January, we imagined that the combills drawn against anticijjated shipments of cotton lias pany would treat it as a current liability, and that therefore
also been noticed, but the low rates ruling for sterling have it must be regarded as having been included in one of the
cliccked liberal offerings of this class of bills.
It appears, however,
ite:ns of accounts due and accrued.
.

THE CHRONICLE.

JiTNB 28, 1884.]

that such was not the case, and that the company keeps iu
books on a different plan.
The following is Mr. Littlo'H
OraMMraliiaa. ...
0p«nit'< nzpanain

N«( mrnliin.

$7,304,S09 08
5,035,703 5.1

.-..

.~~

Docrenso

ftSiilii«t tlio

826,169 30

~~~"~^'~-*~-~^'^

107.857 78
$1,452,71 1 02
23,990 07

91,428,713

our

taken place in current
crease in

course, suppose

company
its

very

permanent
item

the

that that

traffic,

of

likely

current

the largest decrease

did not, of

added

correspondingly

Mr.
assets

Little

which

now

to

takes

showed

the

— namely, " due by agents, other

panies and individuals"

A,i>J

iMtfm
tjmjm

-mjm

1

!

in.r."i7.ooi

llnon.

««M.«»4| r;

—and says the contraction

Anybody who

has watched the course of trunk line

the state of general busineas, and

lias

alized condition of rates culminating in

noftd the demor-

March

last in

»

re-

The duction

could not be explained.

accounts.

.^5

hibits.

We

n*M

annual statomonta for the current half year, and wegiv« (lie
figures in our investors' column on another page.
It te
scarcely necessary to say that thoy do not tnake favorable ox

concurrently with a de-

current or available assets.

1

Lake Shore tt Michigan Southern and Michiyan Central S
Canada Southern Lave this week, ait Mid, imued thnir gnnii

had

article to the increase that

liabilities,

.

ft18 tI88 18

ao'lloss

Loss mIsoellAneous.

•
tAtlSl*

».n.T.'

t.imjmt

Itorali

30.4H0.t8

Accounts not Included in mouthly nor <inarterly proHt

We also alhided in

•

t.un.wx

•ftmlncii...

Wwtarn

<U8S,2O8 00

..

w.

%

Jmlto VtvSI.
aroMMrnlnifi. ... m.irr.ws do.iik.to^
Opcrat'K oxpennM.
Nst

Burplus of year ending Sept.

1883-Dlvldtndon proforrod stock
InttTcst on income bonds

vm.

•

Rwalt
*I,IJ»),71-J Oft

Oomimarit of

30,

m

WMcmlliiM.

Deficit for January, Fi'brnnrr iind Mareb, 198i
AinounU cliuri^cd in JaiiiiHry, 1884, a»
.

MM.
1

detailed account of the decrease in surplus.
Profit and l,oi$~
SurpliiA December 31, 1 6HU
SurpliiH Mnich 31. 18s 1

761

com-

of the tariff to figures that scarcely paid the cost of
operating, knows that this has been to them a very poor

period for making
to see

gross
after

verts to differences

in two other items to which we did
not refer because the reasons for the changes were quite
apparent.
In the period from December to March, the

profits.

It

is,

Lake Shore,

as

therefore, not surprising

compared with the
lost nearly

cor-

$1,900,000 in

earnings, and nearly $700,000 in net, and that
reducing the dividend for the second quarter to
1^ from 2 per cent, making 3J for the half-year, there
is a deficiency of $715,827 in meeting the dividend re-

is

it

the

responding half year of 1883, has

"caused mainly by $1,195,000 Chicago & Atlantic Rail" way Company notes received and credited to the account
"of advances to that company." Mr. Little further ad-

in

that

quirement, against a deficiency of only $231,858 in 1883,

had been paid. Further, that the Michigan Central and Canada Southern should have lost $1,100,company completed the final payment on account of one 000 gross and over $750,000 net, so that their snrplos in
of its car trusts, and the full amount of that car trust excess of the amount needed for fixed charges is hardly
being transferred to equipment account, caused a large more than nominal ($107,000), while in 1883 it was
increase in the item of " cost of road and equipment,'' $939,000, sufficient to pay 3 per cent on Michigan Centra^
and a simultaneous diminution in the amount " paid on stock and 2 per cent on Canada Southern stock.
" account of equipment." As to the losses by the Grant
Still, notwithstanding all this, it is to be said that these
& Ward failure, a statement of which we thought should exhibits are not without encouraging features. In the
be furnished the stock and bondholders, Mr. Little says first place, it is gratifying to note that both in the case of
after 4 per cent

nothing, the matter not being within his province.

the Michigan Central and the Lake Shore, the net, though
Pennsylvania Railroads exhibit of earnings and expenses small, are larger than they were in the half year of 1882.
for May makes, all things considered, a very good showing The gain is over $200,000 on the Lake Shore, and $300,both on the eastern lines and the western lines. On the 000 on the Michigan Central and Canada Southern, over

former there is only a small decrease in
being accompanied again by a decrease

gross,

and

in expenses,

this

It is satisfactory to note this increase,

that year.

we though

in the half

year of 1882

A-affic

because

had been reduced

have a slight improvement in net over a year ago. On the to very small dimensions (as a result of the exceptionally
Western lilies, where the comparison with 1883 has here- short harvest of 1881), the conditions on the whole would
tofore been very unfavorable, we have this time a falling appear to have been much more favorable then than now,
off of only $38,696, there being a deficiency in meeting all for there were not as many lines competing for the busliabilities for the month of $47,754, against a similar defi- iness, and rates were higher than in the present half year.
The most Looking to see how the increase in net was brought
ciency of $9,058 in 1883 and.$75,586 in 1882.
important feature in the statement is the renewed evidence about, we find that it is wholly the result of a reduction in
it gives of the possibility of reducing expenses in a correexpenses, indicating a policy of retrenchment and economy
sponding, or even greater, ratio than the decline in business. which offers much hope for the outcome of the immeThis is a point that cannot be given too much promi- diate future, should there be only a small improvement

The decrease already

nence.

nothing compared with what

would appear

to

be even in the

effected in the future

net on the

traffic

conditions.

Lake Shore^ for

The gain

of $200,000 in

instance, occurred in the face

enforcement of a policy of general retrench- of a decrease of over $600,000 in gros% showing th«t
The surfor May are smaller only than in expenses have been diminished over $800,000.
otherwise they are heavier than in any other pre- plus remaining for the stockholders, however, was not aa

under a

rigid

The expenses

ment.

1883

effected

may be

;

about a million hirge in 1884 as in 1882, because there has]been an inoreaoe
during
which time of about $300,000 in the charge for intereat, ka., on the
of 1879,
greater than in
What a Lake Shore (though not on the Michigan (Central lines) in the
gross earnings have risen a million and a half.
The surplus on the Lake Shore in the current
railroad can do when it determines to cut down expenses interval.
of the
is shown in the semi-annual reports of both the Lake Shore year is $1,015,500, or 2 03 per cent on the amount
and the Michigan Central submitted this week, the former company's stock. As two per cent h«d already been paid
reporting the smallest expenses since 1879 and the latter in the first quarter, it is claimed that nothing should hare
ceding year.

since 1880.
is set

They are, for
the same month

instance,

The Pennsylvania's business

out in the subjoined exhibit.

for six years past

been declared for the second quarter, instead of the 1^
per cent now announced. But the company meeta thia

1

...

THE CHRONICLK

752
objection

by showing

earnings are usually

and

ihat in

much

second half year the

tlie

months.

Thus

there remained

$1,076,000 in the
half,

made good

expected to be

and

in

first

half

months

in the succeeding six

for

stock in 18S2,

tlie

much

Received by

Ketlnttrior

Shipped bv

tl,97S,000

jaw.ooo

11,078,000

£}old

Total gold and lexal tenders

Movement,

27.

silver certificates

Total

(rold

and

uno.ooo

2.O0O.O00

\egai tenders

$3,978,000

JJOO.OOO

It gives

whore the general business depression

section

than

less

being one among

Boldinot.

Gain. 11,578.000
Gain. 2.0'JO.OOO
Oain.f3,57S.0O<

now, against one

five

among

three a

few years ago^and the increased competition thus produced.

Our readers

remember

will

that

it is

the consolidation of Rock Island with

when

four years since

its

branch roads,

occasion was taken to double the capital stojk, giv-

new

ing shareholders two shares of

stock for one share of

The company was paying 10 per cent on the original
stock, and made the rate (since maintained) on the new 7
old.

At

per cent, equivalent to 14 on the old.

the time of the

doubling of the stock, railroad business was in an exceed-

The crops were

ingly flourishing condition.

gration was heavy,
sections of

new

business

general

a

feature

any

of

new

importance.

immiand wide

large,

active,

were being opened

territory

Furthermore, the competition of

lines

Since

to settlement.

was not yet

many

then,

changes in the railroad situation have been witnessed, poor
harvests, decreased immigration, business depression, and
railroad competition through

put to

Bonk

tl, 078,000

line

expansion.

IntoBatike. Out Of Banks Net Otuinge in

Banks' Interior Morement.aa above
Bnb-Treasur; operations, net

1884, issued this

attention for several reasons.

—

Galn.»l,578,00(i

actual changes in the

18M.

—a

•100,000

bank holdings
of gold and currency caused by this movement to and from
In addition to that movement, the banks
the interior.
have gained $2,000,000 through the operations of the Sub
Adding that item, therefore, to the above, we
Treasury.
have the following, which should indicate the total gain to
the N. Y. Clearing House banks of gold and currency for
the week covered by the bank statement to be issued today.
Weik Ending June

year ended March 31,

fiscal

supposed to have aifected railroad earnings

M00,000

by a deposit

The above shows the

Pacific Rail-

us an idea of the course of business in that section of the

GalnH,67.S.000
100 000
Loss.

*lnclurte9 $20,000 transferred In the shape of
of gold in the Sub-Treasury.

REPORT.

&

anywhere else. It shows moreover how the Rock Island
for
is faring under the multiplication of new roads
its Omaha

months of 1882, which was a very profitable period, but
if it should earn no more than in the last six months of
1888, which was not a good period, it would just about
make enough to cover the 6J per cent paid for the year.
Money has been -a little more active at the Stock Exchange this week and brokers' balances loaned at 15 per
cent on Monday and at 6 per cent on Tuesday. But this
was on collateral, which is not favorably regarded, and
therefore these rates do not represent the condition of call
Each day the rate fell to nominal figures after
loans there.
demand
ceased, and borrowers with acceptable
the urgent
collateral had no difficulty in supplying their wants at any
time during the day at from 3 to 4 per cent. The following statement made up from returns collected by us
exhibits the week's receipts and shipments of gold and
currency by the New York banks.
N.T. Banke. N.Y.Banlai.

JSLA.VJ)

of the Chicago Itock Island

commands

week,

XXXVIU

hardly

is

the stock in the ensuing six months as in the same six

27, 1884.

road for the

is

second
the
half.
It
in
$2,266,000
probable that the company can earn as

Week Ending June

The report

and $.3,064,000 in the second
country
in the first lialf and

$1,747,000

1883,

FEATURES OF THE ROCK

lieavier than in the first half,

that therefore the deficiency of the current six

may be

fVoL.

its

the

new

lines

built,

having

severest test the previous policy of inflation and

therefore

The

the

company's

business

reports

of

unusual

and merit careful
the earnings and income of the

possess

study to determine

how

far

interest,

road have justified the course of increasing the dividend

requirement by enlarging the stock.
the following brief

summary

To

this end,

we

give

of the company's business for

eleven years past.
Net

Gross

Eantiittrs. KEaruinfls.

Interest.

DiH-

R'nVU.Ac

tUivds.

Surplus.

Laud

Spent /dr
Improve-

Jiiceipts.

vtents.

«

187H-79.
187H-80.

9,4119,833

4.3-.;9,9(>l

tl.OOl.lKK

O.ailo.lliS

18.";0-81.

ll,9.)fi,90fl

1881-H2.

lS,aO«.l!(3

5.32r).752
5.94;!,781

813,38'
1,«59,172
1,«78,384 1,109,^09
l.«78.3«4 tl,2i3.0Hl
30)1.3^5
ssn.oiio 2,097,080
««.5,B48
l,167,.3a6 1.078,384
1,133.5~0 1.997,081 1.199,:M0
1,213.147! 2,097,990 1.953,079
1,327.52S
l,271.8;t7i 2,727,387
1,40^,911 2,937,IM) 1,003.081

lS-<2-K3.

12.189,903

6.0SO,088
5,237,513

l,481.25«l 2.937,18(1

1873-74
1874-75
1H75-7B •
18;6-77.
1.877-7B.

7,'.84.574! 3,2.')0.684
7.3 0,1)13 3..543,284

T.Wi.Ona' 8.711.741
,S.-)4,5(17
3,349,3 5
7.895,871
3.511.357

75 1,1 a.')

+

755,000
785,00'

+
+

1,401,9.58

2,937,W1

740,)i2
819,071

+
+
+
SoO.OOfl
4SI0,<K)(

«6U,000
500,im
4';

0,090

908.551
1.128.678
S2.285,fl89

2,215.000
1,300.000
1,200,00)

The Bank of England reports again of £380,000 bullion
* ChicaKO & Soutliwesteru not iuelu led In these years.
received from the
during the week This represents £445,
\ Ciiricd to siiiMng fuud.
inrom.i tax.
interior and £50,000 sent abroad.
The Bank of France
1 After piiying .'f3.j,276 in settlement of U. S.
of stock)
\ Agiinst this the new company (formed at time of doubling
gained 3,518,000 francs gold and 1,280,000 francs silver, received
the
old
eomi>any.
from
$705,672 cash asseta
and the Bank of Germany, since our last report, shows an
here see that in the first two years of the consolidaincrease of 1,625,000 marks.
The following indicates the
the company made
namely,
in 1880-1 and 1881-2
amount of bullion in the principal European banks this tion
Gross earnings rose from 1
large gains in its income.
week and at the corresponding date last year.
1883-84.

12,5;!0.514

We

—

—

June

Jtme 20, 1884.

28, 1883.

nearly 6 millions.
Gold.

Gold.

Silver.

S.

Bank of England
Bank of France .
Bank of Germany

different

25..541,53l
22,438,753
41,77-2,034 40,020,410 40,2j7,314 41,990.225
7,949,750 23,849,250 9,!>43,500 29,330.500

.

.

Total tills week
Total previous week

Silrer.

£

..

..

75,203,315 04,400,060 72,589.507 7 1 ,820,725
70.341,700 05,991.982
74,713,291 64,3.^)7,71

and net from 5^- millions to
The last two years however show a
and though owing to somewhat better

millions to over 13^ railHons,

result;

crops in 1883, there has been an increase in business the
past year, net earnings are nevertheless smaller than they
were in the year 1879-80 ^before the consolidation. But the

—

dividend requirement

is

and rentals

1

now $850,000
also call for

greater than then,

about $275,000 more,

and interest
$151,793 through the Sub-Treas- making an increased charge of over a million dollars. The
ury for domestic bullion during the week, and the As.sistant
result is seen in a surplus (above all requirements) of only
Treasurer received the following from the Custom House.
$819,071 in 1883-4, against $1,953,979 in 1879-80. This
Consisting of—
is independent of the receipts from land sales, which would
Date,
Duliet.
Silver CerGold
JT. a.
swell the surplus in 1883-4 to $1,289,071, and to $2,Gold.

The Assay

Office paid

Notes.

J'ne20...
"

"
"

"
"

21...
23...
24...
25...
20...

Total...

$3'>1.473 59

315.233
354.892
431,443
330,358

75
76
02
80

259,V!98 13

»2.07i.700 05

$4,000
0,000
7.000
8,000
17.000
3,000

Oertijic's.

$05,000 $156,000
07.000 140,000
60.000 118.000
115,000 167,000
6;!,ooo
113,000
27,000 133.000

$45,000 $397,00)

$877,000

tificates.

$146,000
10J,oi>
leO.OOf'

144,000
113.000
77,000

$751

303,979 in 1879-80. Obviously, however, this surplus is, in a
Like the Burlington & Quincy,
sense, nominal, not real.
Alton, the Illinois Central, and other roads,
Island finds it necessary to devote a certain por-

the Chicago
the

Rock

tion of its
ions, he.

&

income to the making of improvements, additIn the past year, for instance, of the surplus of

I

June

THE

28, 1884.J

$1,289,071,

but $89,071 had

all

Of

boBouuod; and tho

to

Inmi

purpose waa Binallor in amount
any other year since 1H70-80.

$1,200,000 spent for
than in

CHPONT('T,K.

thia

course, within curtain

it

litnits,

conxpany to employ not earnings

optional witli the

is

in this

way, and to that

tint

But

need go no

wi)

yet experience seems to demonstrate that wcUmanageil

maximum

Cnd

railroads

it

exjwdient,

not imperative, to

if

The amount

year for thia purpose.

year cannot be definitely

fixed,

be used in any one
and may with reason bo adto

'

"

"

•#
.

1

{«

explained by tho fact that Ihn nUs por t»n \nr tnile had In
tho inu-rval Uten cut down from 2-04 en'.* U> MOraola.
trato

set aside a certain portion of their earnings regularly each

only H milt

wtiH

iri'i;{iii

kgaiiiHt 4 raiilion.4 in 1A70-I. or

extent tho cost of improvements should not bo considered
a constant charge, tho same as interest or dividends, and

American

7^8

our point.

m

nago miloogo, which
but that

than two yearn to iUii»

tlio

prociKling

ymr

ha^l

thn toa*

tcto at

at 788 million tonR, foil off to 701 millioa

in the lato

a falling

off of

xio

-

1

iia

toM^

year tho total n-covorrd ['

Yet, though an between 1883-4 and

tons.
is

hwk

furtlior

It will 1»p nolirod that in l««2-^3

-,

.

..^n

only 24 million tons one mile, or Icaatbaa

4 per cent, in tho freiglit

eamingM there

a ilnrniMii of

i«

justed to the company's financial needs and abilities for tho

over $1,600,000,

while in

increase in the average rato'received in tho laat year orer

or

per cent, and tho

16

expUiMtioo
time being. But some allowance, large or small, apjmrently is, that in this period of two yean the rate per ton
must be made. The llock island appears to liave varied per mile has diminished from 1-28 centa to I 10 casta,
the amount in precisely the way mentioned.
For instance, or 15 per cent.
In
pasMsogcra there in a tiUfht
of a surplus so called of $1,289,000,

188.3-4,

$1,200,000 was spent for improvements, in 1882-3 of a
surplus of

was

and in
1881-2 of a surplus of $2,253,084, $2,215,000 was used
in that way.
In 1880-1 the amount thus spent was
even greater, being $2,285,689. The feature disclosed by
these figures, aside from the fact that the outlay has been adjusted to meet the company's yearly earnings, is, that in
the last two years the amount devoted to improvements,
&c., has been only about one-half what it was in the two
years preceding.
We suppose that tho outlay might be still
further contracted if the necessity existed, and yet only the
company's officials can tell. We have raised the question,
not to answer it, but simply to show its importance, for it
$1,300,000

$1,300,942,

spent,

the previous year, but thia

number

is

caused by an increase in tho

of first-claas passengers carrie<l, and not by

increase in charges.

crease in the

number

reflects a decrease

Tho

gained.

It

of passengers carried in tho last year

on through
remains,

fact

any

should also be waid Uiat the de-

reduced rate at which

frcigh'^

trafTic, local

traflic

having

however, that besides th«

had

to

be carried

tliere

amount of busineas

also a diminution in the actual

waa

offer-

show what items in the company's trtfflo
off, and what an increase, we have prepared the following summary for five years. We have
arranged the items in two classes, the first embracing traflic
moved mostly eastward, being agricultural products chiefly,
is clear that just to the extent that this renewal or im- and the second, traflic carried west in great part.
provement fund can be cut down, has the company a martest.*.
laea-s.
IMMIL
gin of profit that bad business or earnings can encroach Flour
97.wo.ass
Lbs. 2f«).4O7.0e))
a3sj»«,a
lM,S4I.Mm
n7.SKa,i8M
on.
As bearing upon the same point, however, it may be Wheat
8s;.8aft,8»^ 880.1M.I84 l.»»lMlJt**'\M>.
Com
and

ing,

to

record a falling

-.

well to note that $470,000 of the $1,200,000 charged to

Oat«

improvements in 1883-4 was contributed by the Land
Department. The Land Commissioner states that only
22,605 acres remain unsold. At .$10 an acre these would

Ore and bullion

no more than $226,000. The bills receivable the
Commissioner reports at $1,129,172. So that altogether
a million and a-half would seem amply sufficient to cover

yield

possible future contributions

all

by the Land Department.

be asked, does the falling

It will

off in

the company's

earnings during the last two years (which, of course, is the
chief reason for the smaller surplus that remains) indicate

CatUe

niKSii7.M)o

H f

Ml.378.2S0
3g.OI8.2eol

I.imil>(>r.

lath

sifuoo^

f4S.'

tis.111.

SSIMm^OO M8.««
1I4.T27W'
18814.

lasas.

IMS-t.

MerchandlM.

174JSr.TIS.

2I7.II7S3IM
i»3.is3.aoo
»4O.847.0aO
4».7S7.B70

873.000.981 l,lftt,117.7»«!l.S40.8SB.OlO

a
80e.l88.1SR

uh nalt's...

eSOJOS/IW

788.471.8471

Bn..'.in.<U3
1MMIII.23I
7B.88I.7H)
L'Die .^ cement
87,182.1'SII
Hailroad ciea
l.lSi.BlS.onO 1.
Coal
i»78.9i4,uaa, i-v..*...
Iron

7b.aB.-.IW>

AfT'l innlem'ta

Stone

.

8i4,80a.000!

lOU«4H,880
7S.87«.4»>
.117.«t«,000
i3;.«i8.aoo
1

socsii

28S.a82.flW

1)UU.1<M.UU1>

The wonderful changes worked by the varying
the crops

is

here clearly brought out.

yield of

Take, for instaaee,

Note how tho company carried 1,397 million
com.
of
tho cereal to market in 1880-81, and only 837
pounds
a corresponding falling off in the volume of traffic, and if
in the late fiscal year, after having carried
pounds
million
so, is such contraction in the traffic the result of smaller
Note also the fall in hoga
millions
in 1882-3.
680
but
In reply, it may
crops, or of the depression in business ?
upon
the yield of com) from
depends
which
of
supply
(the
two-fold result
be said that the decrease in earnings is the
a deciease in traffic and a reduction in rates, and that

of

356 miUion pounds in 1880-81 to 223 milUons

how

in I.S83-«4.

company has
flour by the con-

new lines On the other hand,
with r^^ard to
smaller strengthened its position
from
both
follows
former
while
the
and competition,
flour mills at Minneapolis, which the
the
with
nections
give below the comcrops and depression in business.
MinneapoUs & St. Louis and the Burlington Cedar Kapida
pany's freight and passenger statistics for fourteen years.
& Xorthem roads afford it. It is also interestiog ito
awrao!
Aventof
Pru$enger9
presumably from points
'Tain
MUet
observe how <' ore and bullion
the latter

is

it is

the outgrowth of the construction of

easy to see

the

We

—
—has diminished from
"'

Fififal

end of

year.

Varrifd

Amounl

One Mile.

Received

.<lmnun«l|ifr lonixr
mffe.

CotTifd

Ont Mile. Htcetved

per paM.

ptrnUU.

year.

Ctnlt.

Centt.
8-84

24!)
2-20

sei

'1.58 1.79(1

7iI.WW,570

207

t

187M....
187l-a....
IBTa-S....
1813-1....

i»;4

.'s

...

187.V0...,
187ft-7

.

1S77-8...

590
ei2
674
B74

44. (1011.179 1.713.188

I.SIH.UI
;:

2111.^
aJw.-'

•>- •4(10

074
n«u

2S7,>
!;««..'

',»pn

l,oii:t

317.1

'(*M

1.1)1

13

3:11.

i
.

1878-11

..

1879-80
1880-1...
18SI-2...
188J-3...
1883-4...

1.231
1.311

ftlCl.'-.".

710..".':

I.8S1

T-i."*.

1'

l.:tHl

1,-JM4

'

fWrt. 1-"-

-,M.

1

•
,1

(

-

-

'

'

11)8
1-»1

8-9B
3-89
8116

?W7

2M

«.M

10«
1B8

,,^

1-43

SV7

l«I

2-80
<-««
S-80

I.-.;!

;

SM

Its

m
131

148

n«

rta
117
110

2-97

2- SO

8-OT

'Includes fieiglit lairUU for <ouiiiiiuj'» u^e, for wblcb DotlilnK
Obarged, and wUlcli. tlif refore, nad» cotbiiiK to tho receipt*.

west of the Missouri River

hon pounds
year.

in

1881-82 to 32 million pounds

Equally significant are the gradations

in

\ 1

4

mil-

the lata

in the

items

of westbound traffic, which reflect the fluotuatioos in genThus, merchandise freight (both eaat
eral business.
latter) jumped from 573 millioos in
the
mostly
west,
1878-79 to 1,249 millions in 1881-82, and is now back

wd

again to

< 959
road

millions,
ties,

Lumber ran up from 535 to
down to 805 millions now. Rail-

973 millions.

and

is

after touching

175 million pounds, from 90

Iron, which
with a tonnage mileage of 151 million tons million, has fallen back to 97 millions.
for 437 miland
1878-0,
in
166
milUons
in 1870-1, the company has now a tonnage mileage of 7C4 counted for only
So atanoat
poands.
million
378
now
at
is
millioa tons, or over five times as much. Yet the revenue Uons in 1881-2,

As compared

.

::

. .
.

THE CHRONICLE.

754

materials that play part in the development of

all

eral industries

show a

falling

increase, the highest figures

in 1881-2,

when we were

gen-

after a large previous

off,

having as a rule been reached

at the height

of the prosperous

But the coal traflSc of the road is larger than ever
before, and so is the quantity of agricultural implements
wave.

carried.

Thus the above

figures are useful,

first,

in

showing the

extent to which the company's earnings have been aiiected

by good or bad crops

and secondly, iu disclos',t any time in

in the past,

ing the possibilities of an increase in them

the future under another large harvest like that of
It is hardly probable that the

would prove

1880.

tonnage resulting therefrom
1880, since the reduc-

as profitable as that of

which has taken place must be regarded as
more or less permanent, but it would presumably increase
The changes in general and misnet earnings materially.
cellaneous traflSc, as indicated in the items of what we
tion in rates

call

west-bound freight, because the greater part of

moved

it

is

in that direction, are hardly less instructive than

those in agricultural products, for they

how important

make

it

apparent

prosperity or adversity

a part business

They are

plays in the company's earnings.

also useful

in making estimates as to the future, for they contrast a
period of great prosperity (1881-2) with a period of much
depiession just preceding and another now succeeding.

picrttetarBiCCJammercial ^tigllslt ;§le\tJB
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXaHAtreB AT LOSDOK-June
On-

Time.

SXOHANQE ON

13-

Latest
Date.

Bale.

Amsterdam Short, 12219 ®12-3i9
Amstenlam 3 mos. 12 414 al2'4%
062 «20-G6
Hamburg...
20-62
20-C2
12-35
25-45

_.

RaU.

June 13 Short.

1213

®20-66

'June 13 Short.
ijune 13
ai2-37is 'June 13
Vienna
325-50
June 13
Antwerp
25-37 i9»25-42iB Juno 13 Checks
Paris
Paris
Checks 25-20 ®25-i5
St. Petersb'g 3 mos.
235,o®231ha June 13 3 mos.
Berlin
Frankfort...

®20-(i6

Genoa

25-42i2a25-47ia

Madrid

469,6*46",^

Cadiz
Lisbon
Alexandria..
Constanl'ple
New York.

4ti9)s®4611i8
52l8»5':3,8

Bombay

. .

Oaloatta

.

.

Co days

Is. 75id.
Is. 7%(1.

Hong KoDg.
Shanghai ..

LONDOS'.

rme.

20-45 12
20-46
12-21
25-24
25-21

243 16

June 13 3 mos.

47-50

June
June
June
Juno
June
June
Juno
June

13 3 mos.
11
11

52 7g
9778

13 CaWcs.

4-87I3

13

13
13 Imos.
13

11006
Is. 723.,o,l.
Is. 7U.,3,l.
38. 8I31.
5s.

Hsd

II

I

Prom our own oorrespondent.J

XXXV IIL

fVoL

they have been few for a great community like tliat which
exists in England.
Week after week, the value of securities
has been depreciating, and yet there is no actual break-down.
The profits of late.years, notwithstanding opinions to the
contrary, must have been very great, for had they not been
so, we could not have borne the heavy strain upon our
resources. If the present condition of things continues, a
critical moment may arrive, but there is reason for believing
that the worst has been encountered, and that the future may
be looked forward to with some confidence.
The money market has been easier in tone, and the supply
of floating capital has increased.
Even the Stock Exchange
settlement has exercised but little influence, and short loans
are now obtainable at 1 per cent. A fair quantity of mercantile bills has been sent up from the country for discount, and
it is therefore presumed ihat more mercantile business is in
progress.
Manufacturers are becoming busier in connection
with the autumn trade, and especially so in the department
for wool. The Board of Trade returns are indicative of improvement, and the crop prospects being very favorable, there
is no reason why we should not work upon substantial bases.
The weakest point is that the counti-y is not confident regarding the pohtical situation. The state of Egypt has gone from
bad to worse, and we are quite at a loss how to define the future.
This is a great incubus to business, and its removal
would be the dispersion of a very threatening cloud.
The Bank of England return is satisfactory, and it indicates
that there is a larger supply of unemployed money than had
been anticipated. There is an opinion, therefore, that the discount hou.ses committed an error when they raised last week
theh- rates of interest for deposits to the extent of a half per
cent. During the current month gold coin will be returning
from provincial circulation, and the money market will be
easy. The discount houses, tlierefore, will not be able to employ theh deposits to any great advantage. The following are
the present quotations for money:
The following are the quotations for money and the interest
allowed by the discount houses to-day and same day of the
previous five weeks
Open market

Interest allmoed

rates.

jar deposits by

BankBUU.
UQJKlMn

^
^

•

16 2m
23 2W
30 avt

•

Jane
••

6

Bills.

Joint
Four
Fowr
Six
Three
Str
Stock
Three
Months Months Months' Months' Months' Months Banks.

m2>4:l%®2i4'2 92«'2^^03
aj-i® - 2 ®2J< 2M®2JJ 2H®»

1«®2

m-^i

I^-IX
IX-IM
IX-IM

i«
i«
i«
Hi
i«

2
2

2

® —

a'j®

- 2'4®2« 25<;®2«''iaiasM

The following return shows the present

Daye.

Call.

2

m® - i«®i»

Wse

7(oU

At

1

®2H 2M® - 81<®2h'2M®2M 2«@3M
&2H 2H'im 2X®2S4 2^^2« 2-«®3M
ijo 2H a ®- -^M® - 2Js® -,2M®2''«!2«®251 2-«®8M

13 2ii

IXsc't

1

May"! 15 IK® '•

Trade

1«-1J<

1« m-iH

m m-iH

position of

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 3d quality,

Bank

of England, the

LONDON, Saturday, June 14, 1884
and the Clearing House return for the past week, compared
The week just concluded has been one of considerable with previous years
1881.
1882.
1881.
18B3.
uneasiness and anxiety, notwithstanding tliat the weather bas
A
£
£
&
been very propitious for the growing crops, and the money drcnlatlon
35,2S7..'6> 25,-202.S25 25,798.940 26,301.160
6..i31,159
7,711.224
7,494.252
8.9i-^,l;i5
PubUc
deposits
market is in an easy condition. Many sinister rumors Iiave Other deposits
23,61i>,8-a 22,:i91,468 23,^25,M59 2(!.Oj:),-293
been in circulation, especially in connection with United
States railroad companies but they have not been confii'meJ,
and there is now a very general belief tliat the reports have
been circulated with a dishonest motive. These rumors have
naturally an adverse influence, as they keep tlie public away
from the markets, and restrict business to a very material
degree. It is, however, a satisfactory feature tliat, although
the general public are not buyers, they are not heavy sellers.
The recent arrangement of the account indicates this in a
prominent manner, heavy charges having been made for the
loan of stocks in nearly all departments. This augurs well for
the future, and it would seem that there is even now an opportunity of

making

profitable speculative investments.

13.311,81)8

1.1,771,159

U.9i;7.1.7

22,452.099
11,943,257

2(i,^87,it29

•20,737,126

13,591.760

15,971,259

21,306,083 23,610,700

26,522,419

Coin and bullion In
both depiirtmeuts.. 24,836,531
Proportion of reserve
16-36
to liabilities

Bank

Zig p.

rate

The Bank

June
Rates of
interest at

Bank
Rate.

A

Open
Market

3

21a p. o.

p. c.

100 14

xdll-Oifl

448. 8d.

47^. 9d.

ol'isd.

6^d.

9-'8(1.

10i4d.

6-iied.

lOiefl

90,052.000 130,160,000 150,077,000

and open market

now and

12.

47

44^8

-xdlOOSg
43s. 4d,

rate of discount

chief Continental cities
have been as follows:

Many,

39-75
4 p. c.

c.

99''g
Consols
37s. Od.
Eng. wheat, av. price
6?8d.
Mid. Upland cotton..
9''biISo. 10 mule twist....
CleiUinK-House ret'n. 95,480,000

we have

not yet reached the lowest
points of value; and it is quite certain that there are no indiwasting policy may be
cations of immediate improvement.
regarded, therefore, as a safe one to pursue, and that course is,
no doubt, being adopted. A feature giving encouragement is
that during the semi-panic which is, and has been, in existence,
no serious failures have been recorded either commercially or
financially. Still, interested parties on the Stock Exchange
contend that much unsoundness exists. But they proclaimed
hat many months ago, and although we have had failures,
nevertheless, contend that

13,ll3,!tl9

21,908,895
Other securities
Kes'voofuotes&colu 15,343,906

Gov-emni'tseenrltles.

June

Bank
Rate.

rates at th

for the previous three

5.

Open
Market

May

May

29.

Bank

0pm.

Bank

Rate.

Market

Rate.

2H
2«
2«
2X
2H

t

~~3
3
4

4

Frankfort

an

aambnra
Amsterdam

3

Brussels

8

2«

Madrid
Vienna

S

6

Petersburg..
Coponhaa-en

6

6

3
3
6
4
e

4

4

4

^t.

4

—

2H
2H
2«
2H
HH
S
6
4

4

3
3
6
4
a
4

B

sa
a
8V!

weeks

28.

Open
Market

2M
2H

8
8

2M

5
4
a
4

5

SM
a

.

JuND

28,

reference to the state of the bullion mnrket during the
past week, Messrs. Plxloy
Ahell remark
Oiild.-Wlth !i Knod ilptiiiina fcir 8piilii mid lii>|iilrli<ii fur Iiidln, »olrt

&

:

oonllftii('»iilroiii,-ln pilro.
All iinlvnN liiivo
dlfflpiilty. cx(p|.t £:IO.OOO, whicli i.
the Bciiik of Kiigliiiid. The liitil

«.'.t!IO;

Don," from

••

been

of wlllioiit

illHiioiicd

to

I

Mil

\Vi-

Zeulund. £30,000: total. flO.xiin
— '• *
£10(>,OiiO fi>r Ni'w York an
riir Lliiuon
niiit
etonnicriiikrH iH.oouto H..ii
Hilvor iiiiiirovi'd from .50"hi| .-.: aI.hIi "}" •,}-<.-• <
to ?)()i"'ind., ivt whicli iirii'ii ihir iimuiint
•

i

I

'

i

:

i

'*!».

.'

ttio

<! >«iilnli

A

t*.

<..-.

.

U.

...-„^

.

order

and

IJi'liik-tllliMl,

tlni

,

.iNm

iiiiiikt't

i,,',

m

,1,

the Itunk, (MiiiHOil n rctapKo [.•...,,,., ..'Ml m.- ;,i../
nrrlvliiK tiwlay has Ix-cii lUwl at thlx iitte. The nnioiintu to luin.l iir<>
From UiuMion AyroR. i!ls,>J0O; Now York. *!0,0i)0: chill. *3^(wiO'
Wo8lIiidlo«, «I'.>,v;0O; total, ilOO.OOO. The "Clyde" iitktM CU7,'Ju6
allntiiii-iit at

to nuinl.ay.

Mcxli-an Uollnra.— A few have h«on Hold tn-dny At 40V1., hut Ihnrn
arc no liirtte umoUDtaon the market, pending thn nrrlvnl of tho " Vlllc do
Bordeaux" duo tomorrow or Saturdity. Sho la Rtat«Hl to hrliiu «r20.000, chli-Hy In coin.

The quotations

for bullion are reported aa follows:

PHeto/ OoU.
I

Jinu

19.

June

Prie* of auvtr.

Juyu

IV.

It.

i.

Bar
Bar

ffold. line

77 10

oi.

contaln'R
a0dwta.8llTer..oi.
Spaui. doublouna.oi.

77

»H

Junt

77 11
78 9ii
78 SH
76 8M

8>Am.doubIooDB.oi.

SM

79

ts-is

Chilian doll..... 01.

The movements in bullion during the month of May and
during the five months ended May 81 were as follows:

Vmn

are of good <|iialltr.
Um OoaHamt Um
reports are more tliiui naaally bopiAiL
The following are th* 8«HiiuHwt itooks at wtmtH, tkxr
Indian com afloat to tho CTnitod Klncdoin. Oaltio

1889.

not includc<l

_. .
Wheat

1888,

1884.

1888.

£

I

1,771,177
7.410,800
1,100.099

61S,»>.'
9.108.81'
ase,Btu.

l..'»S,077

4,7:19,431

9,9I9.3<4

88.900:

1,206,B«S
3,4«0.789

8,98&846 4,9I8,(>S8

400! 1.099395

469,785

5.013.848
100,000
10a,71W

169,289
1,9IM,9»1

198,088
1.U74,903

48.880

8,009

1,109

!..'i7«.0ti4

877

8IT,rKR.

Imports
Imports

Exports

In -Mav...

In Sinos..
in May....

Bjcports in

5mos.

3,555.079

The exports of
In

May

Inflvemonths

S54.948

490,417

1,V«,871

82s,ees

S29.^67

8,e»3,S« 4.888,0491

899.079
949,481
7,^00
93,080l

silver to British India were:
1882.
1883.
«.5oO,686
£414,728
2,394,772
2,270,389

Messrp, Baring Brothers

&

1884.

£R8.\800
3,530,831

Co. and Messrs. Glynn, Mills,

&

Currie
Co., announce that they are autliorized to receive
subscriptions to an issue of £5,000,000 3J^ per cent stock or
the Dominion Government

of Canada.

Tenders will
bonds of
be received at the offices of Messrs. Baring & Co. on or before
Wednesday the 18th inst., the minimum price fixed being 91
per cent. The money is required for the various financial
purposes of the Dominion Government and to meet tlie charges
placed on the consolidated revenue fund in connection with
the Canadian Pacific railway.
The Board of Trade returns for May, and the five months
ended May 31, have been issued this week. They are more
favorable than had been anticipated, there being a small increase in the exports of British and Irish produce and manufactures, .and a further diminution in the imports of food. The
following are the totals

1884,

lrtS2.

1833.

£3,181,405
14,706,101

14,5.9.318

£3.484,233
l.%108.751

EXIORTS
1?32.
£20,017.0(16
98,100,280.

lu .May
In nve months

18S3.
£19.4fln„')65

99,931,963

IS 84.
£19,8.">7.334
9ii,97i,uyu

The following return shows the extent of tli6 exports of cotton piece goods of all kinds, plain, printed, or colored, during
the month of May
:

DnWoaohcd
Prtnt«>d, &c

1882.
Yards.
or bleached.... 216,3.52.800

Mixed ma'eriaU
Total

111,013,000
3.l0i,100

331,073,900

1883.
Ynrdc.
263,802. 00
11K,4S7,'00
?i

1S84.
Yards.

258.878.200
ll(J,ll(>,«00

1 9:;2,.')00

9,000

381,222,B00

375.028,400

The recent fall of rain was copious, and its effects are still
visible.
The soil, being parched, absorbed it rapidly, and as it
was succeeded by dull weather, it exercised its full effects,
and is being productive of great benefits. It did not come sufficiently early to materially augment the grass crope, at least
in the South of England; but all the late-sown crops have
been benefitted by it, and agriculture is now making very satisfactory and encouraging progress, the weather being bright

MM

mar,
^^

213,000
Indliin com
811.000
TIh! following return shnwa thr ozt«nt of
wheat and flour into the Unitf-d Kiagilom <J
:,^ i_.
nine months of the aetvwm, viK., from Septemlwr to Ifarc^
'

inclusive,

compared with previoua
WHKAT.
1883-4.
Owt,

1882-3.
Cut.

lMl-3.

«,32.S,92a

fl.»^7.t»ft7

6,737.158

17,274.410
Brit. N. America...
877.093
Oennany
826.418
France
17,820
Chill
673.112
Turkey <b Roiimania
6rtti.470
EKJPt
914.383
Britfah India
7.513,709
AuHtralaAia
1,906,048
Other couatrle*
606,886

37,31V,977
1.751.808
2,7:: 9.268
ll.l«7
..--.

J».'«(m.f;7

M.jr«.«*>

44,318,377

40,79S,M7

.'>,'».iH,-t;[

48.110,240

1883-4.

1882-3.
Cwl.

Ctrl.

Oermany

2.1(9.884
11U.UI0
7,880.718

France
Brit.

J

770.397
Ii25,038

Flodk.

From —

8Ute«

niilte<l

Owe

Owt.

1

37,435.082

N. America

Total

Annexed

is

CM.

Ctrl.

1,694,^40

I.278,)t64

ses.s?!

132602

300.031
4.72 1. 706
164.617

aoLoes
8,654,617

1.64.5,709

1. 761.633

8.016.027

9,798.800

0.024,824
100,234
2.094,516

11.S02,1C8

13,155.725

28l,0><8
1

lMO-1.

1881-2.

,000,559

...

Other countries

33v.0<>4

a statement showing the estimated ralne of the

immports of cereal produce into the United Kingdom during
the first nine months of the aeason, compared with prerioa a
seasons:
1893-4.

Wheat

£17.369,626
•

- Barley

1480-I.

4.27!>.0:'l

£21.624.933
3,980.883

3.66y.J.

•J

i:-y.«?8

5.919,733
10,363,320

5,331.345
6,705.071

£39.370,230

£50.788.058

£44.99?.9T9

Beans

com

Total....

1881-2.

£25.022.435

4,97.-i..Vl!l

EO'.t.O'.il

Oata...

Indian
Flour

1882-3.
£24.36*1.622

4,261,976
2,725.402
502,543
643.011
6,747,736
8,119,903

I

'iW7,Mfift

..-..(»» I

6Hii.-<(>i)

7fO.T25
7.T.

.11

1

7.«.
7,»'

£lt.92J OIG

In the following statement is shown the extent of the ".ile*
of home-grown wheat, barley and oata in the l^T
markets of the kingdom during the first 41 weeks of
together with the average prices realized, compared » itii l."<0
markets in previous seasons. A portion of the season l>«*3-:i
embraced the hirger ntimber of markets:
'

i

SALES.
188^-3.
1883-4.
2.170,828
qr«.2.137.6»5
1.944.913
2,043.276
252.7.>7
472,i49
ATEKAr.E PRICES.
1883-4.
1882-3.

Wheat
Barley
Oata

peiqr.

Wheat

£3,653,40G

1,4ml

I.8I4I.00O

d.

«.
:

IMPORTS,

In M.iy
In flvo months

tMrtwvk.

*.'fV^'2W.00O
3^,000

im.l,6t3,00O

flour

To and from UnUtd Stat—.

1884.

£

Orfat Britain's

Imports In May....
Imports la 5 mos.
Exports In May....
BzportsinS uus..

~

and

i

Total

7b andfrmn aU CountriM.

Ibww,

hHUUMn

nnlt«(l State*

IturStm. sotd..oi.

Cake sllrer ,..ot.
Meztcas doIa...ai. *9H

Ibannto

n<>-

to tiiiiply .mi,..., w.wiU.

^

,

dniMTiptlfin* of (irvKlutfi (iroifraw slowly, ImjI
pHoM
being lit n low point, no rhitnicn n{ Importaoo*
nhri
Tlio inipplinit of new priMlu'viarritrinK from Irqplaal oooatHtu

RnaaU

BOM

miiat

j

,i

(MiIoB In nil

Prom—

Bar Mllrer.oontaln77 tlH

765

with the fnvnmMo
operate with <-nutlon

6.

It

Barallrer. flno.oi.

frol<l.

D.8.|taldooln...ox.
Oot. gold ooln...oi.

:

:

THE CHRONIcr.R

1RM.I

Ill

Sydney.

:

:

39 O

Barley

3111

Oata..

19 11

4.

*.

"•"

'
i

..j...

^J

I8M-1.

1881-2.
t.

d.

«.

d.

4«
41 5
48 7
32 6
33 4
32 O
21 4
21 3
into cwts., the totala for the

MO

Converting quarters of wheat
whole kingdom are estimated as untler.
lR'<3-4.

cwt.3J,2I 1,130

Wlieat

The following return shows

1880-1.

1881-2.

1882-3.
37.627,633

29.416.000
25,223.700
the extent of the import* oC

cereal produce into the Unite«l Kingdom during the fln* 41
weeks of the season, the sales of home-grown wheat th«

average

price

of

English wheat,

tho

visible

"O^T

of

in the United States, and the qoantitT of wfeMt and
flour afloat to the United Kingdom, compared with preTkna

wheat

seasons
DCPOBTS.

cwt

Wheat
Barley
Oats..

Indian
Flour

^

M02,38»

Peas
Boikns

1883-81.
39,40,5.816
12.til4.30H
Vl.868.«99

oom

1.995.O90
20.351.583
11.709.771

1882-83.
52.316.181
14.10;M(12
ll.SOl.'"-

UMTtJM
l.M0.1t4

1.768.'

»,aa8.i«,e')8.i-13.7ii.o.

1,801.360
27,a«T.66t

f

StippUee available for consumption (41 weeks), not ncl urtl
stocks of foreigp produce on September t
I88I-«t
1883 83.
1883-84.
Imports of wheat owt..39. 405, sl6 53.316.181 «74.5q,»10 4S.S7JU
io.a7«i»u
7.7663M
13,732.075
11,759,771
floor
taworUot
i

and warm, with every appearance of a continuance. It may, ?^Sj..'!?rT'.!°35.21 1.150 37,627.633 9a.41«.00O
indeed, be said that this is a great season for production, and
86,376.737 103.6753W M.S33.764
Total
the results must be satisfactory if the weather continues as AVjieprieeof BnflUb _^
.,. 5d.
ka
4aB7d.
41a
39*. Od.
seMoa-qra.
for
wheat
propitious as it is now.
Visible supply of wheat
_^>.,^ ,^ .»««««
0.900.000
inand
very
duU
30,500,000
a
been
in
produce
has
16.300,000
cereal
U;8....hil»ll.
trade
in
The
In the
of wheat and
animate state. Liberal supplies from abroa<l and British 8npply
llour afloat to United
^^
7.SM.000
Kingdom. quartan. 3,005,000 3.151,000
farmers' deliveries being satisfactorily maintained, together

^

16.1

1

.

.

THE CHRONICLE.

7o6

[Vol.

)

XXXTm.

"The application for this order was made by the Ccul ml Trust ComBuellsh Market Reports— Per Cable.
pany in order to H.-c the;statu8 of the several obligations of he company
The daily closing quotations for secui-ities, &c., at London, Tlioso will consiHjueutly
rank in the following order 1 Receivers' cer
and for breadstuffs and provisions at Liverpool, are reported titlcates, $2,000,000, to pay luechanics' liens and taxes; 2. General
mortgage bonds, $17,000,000, held bytho Central Trust Conniauy 3.
by cable as follows for the week endinK June 27:
1

:

;

Keceivers' certitiiates, $2,200,000, issued to take up certain promissory
notes secured by flrst mortgages on terminal facilities."

London.
Silver, per oz

The Eoening Post says: "The officers of the Central Trust
Company say that of the $50,000,000 of general mortgage
bonds authorized by the Wabash only $17,000,000 have ever

rf.

CoDsols formoney
Consols for account
Fr'oli rentes (in Parl6) fr

U. 8. 4i3S0f 1891
U.S. 48 of 1907
Canadian Pacilio

CJUc. Mil. & St. PaiU....
Erie, common stock
Illinois

Central

Pennsylvania

Philadelphia & Beading
New York Central

(£/ammnxml nntl ^iiSccUaatc^its ^cxos
U. S. Bonds Called. — On June 26 the Secretary of the
Treasury issued the one hundred and twenty-ninth call for the
redemption of bonds. The call is for ^10,000,000 3 per cent
bonds issued under the act approved July 12, 1883. Notice is
given that the principal and accrued interest of the bonds will
be paid at the Treasury of the United States on Au?. 1, 1884,
and tliat the interest on the bonds will cease on that day.
Following are the descriptions of the bonds
:

Fifty dollars, original No. 315 to original No. 314. both inclusive ; $100.
original No. 2,363 to original No. 2,795, both inclusive. tmdorigiu.Tl No
9.484 to originiil No. 9,513, both inchisive; $5(0, original No. 1,151 to
original No. 1,338, botli inclusive, and original No. 3, 991 to origin.'il No.
4,009, both inclusive; $1,000, original No. 11.089 to original No. 12,374,
both inclusive, and original No. 2i',S13 to origiual No. 22, "57; $lo,000
original No. 20,302 to original No. 21,170, both inclusive; total,

$10,000,000.

Imports and Exports for the Week.— The imports of last
week, compared with those of the preceding week, show a
decrease in dry goods and an increase in general merchandise.
The total imports wore |8,881,891, against $8,033,423 the preceding week and $7,974,367 two weeks previous. The exports
for the week ended June 34 amounted to $7,771,171, against
$6,389,200 last week and $8,435,075 two weeks previous.

NEW

FOKBION IMPOKT8 AT
For Week.

1882.

$1,239,190
5,919,343

$2,474,178
7,822,064

$1,546,243
7.335,648

$7,837,194

$7,158,533

$10,296,242

$8,881,891

$51,891,877
154,958,641

$64,490,419
180,782,230

$59,453,291
161,899,949

.$56,700,833

Gan'lmer'diBe..

1883.

1884.

1.

Dry goods
Gen'Imer'dise..

159,412,252

Total 25 weeks. $206,850,518 $245,272,649 $221,353,210 $216,113,090

The following is a statement of the exports (exclusive of
Bi)ecie) from the port of New York to foreign ports for the
week ending June 24, 1884, and from January 1 to date:
BXPUHTS FBOU IfBW TORK FOR TSU WiSBK.
1881.

1882.

For the week...

«7,5.'?5,808

Prev. reported..

178,019,601

President of the bank (formerly of the firm of Ceo. W. Frank
Darrow) has had many years' experience in placing these
loans in the choicest farming sections of several Western States
and with excellent success. The Bank invites correspondence,

&

and

refers to

well-known banks and

—The interest due July

$6,407.6 i2
164,299,032

1

—

—
—

Bonds.
$40,500 New York City 7s.
Improvement stock, dno

atocl;s.

45 MercanUlo Bank

117^&lnt.

1h92, reg

$15,000 New York County 78.
accumulated debt, duo

1887, reg
109H & Int.
$6,000 T. rre Uaulo & Indian.
Ist mintg.,78,due 1893.108
$15,00i> Galveston IIou8t< n&
Ueiiderson RR. of 18T2,
let moi tg., 5», due 1913. 55

Narne of Omnpany.

shows the exports and imports of specie
York for the week ending June 31, and

at the port of New
eince January |1, 1884.

NEW TORK.

Bxporls.

Week.

iTnporta.

Since Jan.l.

Week.

West Indies
Mexico
Bouth America

SinceJan.1.

$1,000 $26,465,218
4,352,821

$486,650

$4^6.650

1,658,920
3,851.543
7.609

486,650

2,380,946
1,626.101
240,235

5^1.931
726,353

9,043

1.500
7,800
17,000

All other countries. .

Tetal 1884
Total 1883
Total 188^

$27,300 $37,644,629
1,700
21S,S90
1,257,700 28,396,071

116,468

650
$932,348
55.328
14,130

$4,850,050
4,S59,45.5

580,150

Silver.

Great Britain
Prance
,

German

$169,900

$5,597,8.59

14,550

485,456
79,766
32,146

•i'.iKo

20-<,817

55,793

46.173
83,990

1,381

.'

Westlmlies
Mexico
Boath America
All other countries.

2,183
..

$1,063

$

37

0.52

302,712
1,141.832
as*, 525
22,109

$18'i,683

349.400
189,352

$6,531,207
6,701,421
5,581.368

$-.9,321

3J,970
3-'.412

$1,897,298
2,032,330
1,342.382

—

Louis & Pacillc. Judge Treat of the United
States Circuit Court of Missouri has issued the following
order modifying his original order regarding the issue of re-

Wabash

St.

ceivers' certificates for the

Wabash

:

"Inasmuch as the original order of May 31, 1884, was intended to and does reserve for final determination all the
legal and equitable rights and obUgations of the several parties
in interest, and consequently the receivers' obligations issued
under the order do not of themselves operate as prior or distinctive liens, yet in order to exclude any srroneous conclusion
with respect to the force and effect of the original order, the
foregoing modified order will be entered on record:

Per

Wlien

Cent.

Payaoie.l

Chicago Iowa & Nebraska
$5
Chicago Rock Icl'd & Pao. (quar.)
IH
Concord & Portsmouth
313
Delaware Lack, it West, (quar)
2
Georgia RR. & lik. Co. (quar.).
$2 50
llous.atonic, itref. (quar.)
Lake Shore & .Mich. So. (quar.)
Manhat. Elev. coiisol. st'k (quar.)
it

Worcester

Pittsburg Ft. W.

Do

it Cliio. (quar.)
spec. guar, (quar.)

Do

Paul & No. Pacific
Sou th western (Ga.
Worcester Nashmi & Roch
Vei-mout Valley of 1371
/

Bank

,

America

Cliathara Nation al

1^
1^
1%
1%
3

Banks.
of

2

$5

•St.

,

Continental National
East River National
Fourth National
Irving National
I^eaiher Manufacturers' National

July
Aug.

:

Books Closed.
(Days inclusive.

July
July
July
Aug.
July
July
July
July
July

3I9
June
$1 50 July

3

July

5
5

July
July
July
July
July

31a

4

4
5
5

5
3

St.

Nicholas
Third National

4

Tradesmen's Nat ional

3I9
31s

6

J'lly

5

July
July
July

4

Mechanics' National
Mechaniefl' it Traders'
Mercantile National
Merchants' £.tehange National...
Merchants' National

4

Hill ((^uar.)

.

National /Iroadway
National Butchers' & Drovers'....
National Shoe and Leather
Ninth National
North River

3
3
3
353

$2
10

4
4
3>fl

4

:

21 July
1.-) July
15 Jnly
1 July
1 July
10 July

25

JiUy

21
14

Aug.

4

15'June 30 to July

1&

4 to July
to
to
to

to
to

3
1
24j

June 26
l!juue21
1'

to
to July

Juno 28
June 26
July

June
June
June
Juno
June

Jiily

Peo iilo's
Phenix National

Market Njitional

I'June 111to1 June 29 to July

June 27

Jnly
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
Jaly

Murray
Total 1884
Total 1883
Total 1882

40

Railroads.

Norwich
Great Britain

MUl Co

The following dividends have recently been announced

table

BXFOKT8 AND I9CFOBT3 OP SPEOIB AT

117's
82 United States Trust Co.. 51
240 Mechanics' Nat'l B'k,x.d.l46i«
122ia
80 Am. Ex. Nat'l Bank
100 Bernuiila Ochre ('.)
52
50 H. C. Hart M'f'g Co 50c.per sh.
505 The Newell Uuivorsal

DIVIDENDS.

$7,771,171
133,243,472

Total 25 weeks. $185,555,409 $153.614,778 $170.706,691 $146, 014,643

The following

others.

on different issues of bonds of the
St. Paul Minneapolis & Manitoba Railway will be paid on that
aate at the office of the Company, 63 William Street.
We call attention to the large list of stocks and bonds elsewhere in this paper, on which Messrs. Winslow, Lanier & Co.
will pay interest and dividends on and after July 1.
The Trustees of the Manhattan Savings Institution have
just declared their usual dividend on deposits, jjarticulars of
which wUl be found in our advertising columns.
The Ontario Silver Mining Co. has declared its usual dividend of $75,000 for the month of May.
Auction Sales. The following, seldom or never sold at the
Stock Exchange, were sold at auction this week by Messra.
Adrian H. MuUer & Son:

1884.

1883.

$6,212,748
147,402.030

—

At a time like this, when it is difficult to decide what
securities are safe and desirable for investment, the reader can
find something of interest in the advertisement of The First
National Bank of Corning, Iowa, to be found in the Investors'
SupPLE.-viENT and in the Chronicle. This Bank makes a
specialty of negotiating farm mortgages in Iowa and other
Western States, for capitalists and private investors. The

—

1881.
$1,196,092
6,641,102

Dry goods
Total
Since Jan.

YORK.

been issued. This amount was issued, sold, and the proceeds
used for improvements, etc., on the Wabash road. The remaining $33,(X)0,000 were set aside specifically for the purpose
of taking up tlie old bonds of the various companies consolidated into the Wabash St. Louis & Pacific, but no part of this
$33,000,000 has been issued, and no exchange of old bonds for
general mortgage bonds has been made. The $3,200,000 of receivers' certificates which are placed in the third class are supposed to represent the notes of Messrs. Gould, Sage and Humphreys, given to take up the floating debt of the Wabash."

to
to
2 to

Juno 30
June 30

27 to Juno 30
20 to Juno 30
25 to June 30
21 to June

30
Juno 30

26

to

June 25
June 21
Juno 27

to
to
to

June 30
June 30
July

4

26
22
25
25

to
to
to
to

Jimc
Jmie
Juno
June

30
30
30
30

June
Juue
June
Juue

June 27 to Juno 30
June 22 10 Juue 30
June 20 to Juue 30

lUNuruitco.
Franklin and Emporium Fire
IlaniUton Fire

5

Niagara Pi re
Park Fire

5

_
l)Juiie 21 to

Judo 30

1
1

miscellaneoua.
American

Bell

Telephone

$3

Co. Express

5
4

Central Trust
Wells. Fargo

&

to July

12

1 June 22 to Juue

30

July
Jnly

15

Jul.y

15 July

.July

1

1 to July

15

:

:

June

THE

1W4.J

28,

HRONICLE.
Uiilt44 HM—
bond*

(

glie jpaukcrs' Oiaxette.

hnvn

757
DAnifo

1

Knidnfil Willi.

try

DUidcnilt will It found nn the

prtreillntt

I'ttifr.

WKW YORK. FKtUAV. JINK

'JT.

IWM-S

P.

Th« InancUoM la OorarniMBt
pMt WMb, Ml4 ]iHr«« nlHnr a
MhariM^r ititnuiinl fur i>k<«fM»y mi4
iirrhM
r th«s

n.

The Money Mnrkct nnd Klnnnclnl Situation.— Th<> H.mk

Btntoincnt of .luni' 21 was docidoilly K'«"I. Hliowinj; a fiirllicr
jtnin of iJ!!,o:i;!,ri7.') in llic surplus nvscrvp.
Tho amount of

ji.r

imr.

•

''^8'',

-

•

,,

'i'h« ciooing prtc<'H«rd hare
Clearing House cortificaU-s outstan<liiijj June 2<l (exclusivo of
MetropolitiiH Hank) was only ^t,3IO,()00, of whiilionly il.Haj,IntertMti June
000 were in actual use.
I'erlodt.l 21.
sia.
There lias not l)cen a positively unfavomble event this week
in the stoek market, excf^pt tho suajM-nHion of :SIatthew Mor- •"••.l?"!
«>«. Q.-li»r.|
Mar.
gan's .Sons on Tuesiiav and the snudl failure of Hto\it * Co. 4>iii,1891.';i;'.'.TOap!
roJt ci
on Thursday. All the depression has In-en engineered on 4S.1907
4«, 1907
eoRp.
niniors, false and malicious reports of failures, by excitinK '(•, option U. 8
reie.
ren.ij".
the fears of weak holders, and l>y trading on tho cuunilativo Os.our'oy, '95
6»,0Br'cy, 'ae
re«.
* i.
effect of the low prices already made.
The depression in (It, onr'cy, '07
ro«t.
A J.
prices has been greater than at any ))revious time. The fact 6s,oar'oy, '98
re*.
* 1.
seems to be overlooked, however, that about three-fourths of Os.onr'oy. '»B.. .re«.
* J.
all the active sto<'k8 have reached siich low figures that there
* Thlt li tbe prlo« bid at tb« mominx board

m foOowtt

hmn

J»m*

1

*
\

>

inducement to sell tliem short. Tho whole active list
embraces only some twenty-five stockB, ns shown in tlie following table giving the higlu\st and lowest i)rices made during
the i>resent year on each, and even a moderate i)essimiHt might

•

1

t.t

•I

'/.I

•177

is little

S. Snb-Troasurf.—Tho following table shows tho raodsli
f>ayiuunta at the Sub-Treasury in this city,
weit
balances in the same, for each day of the past week

U.

say that at least eighteen of these stocks, at their lowest
prices this week, ofler little promise in selling them short.
nigheil

a jMteul Price* in

Loirest.

Cannda Southern
ChlcaRO

k

Si's June •.'?
Si's June 23

Nciith western

Milwnukce &

St. Paul
Canal
Delaware LaekawMiiua & Western
Denver A Kin (immlo

Clik'Ufto

Deliwiire

*

58 '4 June 27
88 Hi May 23
90 13 May 28
June 23
67 3e June 27
221" Juuo 24
51% June 27

Iliiilsun

...

I^ake Sli..re it- Miiliitraa Suuthem
Louisville A Nashville
Michigan C cntral
'
MisAou 1 Paei tic

631s

1

Missouri Kansas & Texas
New York Ciutral A Hudson
New York Lake Eric i West.

,

River..,
(Krie»..

Northern racilic
Do.

,

pref

Orecon Transcontinental
<fc Reading

Philadeliibia

Union Paeitie
Texas & Pacitle

;
,

Wahash St. Louis & PaclQo
Do
pref
Pacific Mail Stcam.ship

tlighttl.

24% June 27
4!)
May 24

Centnil <>f Ni^w Jersey
Central PhoIHp

Co

Western Union Telegraph

57'«FBti.
90 Jau.
07% Jan.
124 Feb.
94I4 Jan.
114
Feb.
13318 Mlh.
25°n Jan.

11

I'MUi.Mfh.

4
4

.il^Mch.

11
10

12
3
11
1

3

9414 Mch.

4
100 June 21
23i4Jan. 5
122 Mch. 13
2838 Jan.
27 Jan. 7
SysaJau. 7
34=HJan. 7

May 20

!>>« June 27
94 >4 June 27
11>S Juno 27
14 June 27

27
26
2
27
27
27

31
49

10
14

.">

37M Juno
June
22 June
BO'S June
5I9 June
4 June
9 May

May
May

1881.

60»8Fob. 23
84 00 Feb. It!
2238 Feb. 11
19% Jan. 7
32 Jan. 5
5<i% Meb. 17
7«i« Feb. 16

20

m Um

m

and

Sataneet.
Alfa.

J-neSl..
" 23..
" 24..
" 25..

756.004

Total

-ft

b9 ,U72 31

27..

Coin,

Omrrtmtif,

•

1,092.957 52
1,456.939 34
8 "4 016 34

" 26
"

Paymente.

Beeelpit.

•
1.569.079 91 H2.2Tt.1'0
1.457,777 0« l^l.•l,-'••3,ll.'>7 d.T

iJl
1,H60,900 soil 20.
t,336.'.l96

9

!^H

f
i7f)

fn

9e;il9^

:1

1,006,314 86 I,l,75&,0u7 33|ll0

5,873,203 18

...

rn

;

14

0,733.119 ISl

*

Includes $73,000

I

iDdDiU B $206,000 gold certiHcntea taken out of oaah.

((old certlflcate*

taken not ofiuub.

Stale and Railroad Bonds.—The sales of State bonda hare
been very few, and the fjuoUitiona of to-day are giren on
another page. Kailroad Ixinds have not lieen siM-cially active,
but prices have generally been stjll weaker than last reported.
The West Shore Railroad bonds are rather an ezoeption to tke
rule, and were steady to-day at 88 '4 to 383^. The Erie leooodi
were subjected to further attarks, and depreswHl to 4.V\ thk
afternoon, part of the selling sup|>ost>d to be for London accnant.
The inferior bonds that are tainttvl with suspicion of defaak

have naturally

lieen weak and Huctiiatmp: but in addition to
choice
per cent gold Ixinds are selling at vary
low prices, for the simple reason that there is no stroog buy-

these

many

ing.

Bailrond and Mlgcellaneona Stocks.— The condition of
The money market was unsettled by the shifting of loans on the stock market beggars description, and without any prewnt
stock collaterals and on Saturday and Monday higli rates were or impending disaster, such a weakness from mere
>n
made on call loans to stock brokers, the extreme prices reach- and besu- attacks has hardly been seen before.
'lo
ing as high as 13 per cent per annum on Saturday and 18 per most hopeful feature (provided no important failures nre
cent on Monday, since which time rates have been easier, only caused) is the very circmnstanco that the decline in prices is
I

exceeding Tt per centt in exceptional cases.
Rates for call loans during the week on stock and bond collaterals have ranged at 1 to 18 per cent, and to-day at 2 to 4
per cent. Prime commercial paper is quoted at 53 ^«? 6 per cent.
The Bank of England weekly statement on Thursday showed
an increase in specie of £389,000, and the percentage of reserve
to liabilities was 4678, the same as la.st week; tlie discount
rate remains at 3 per cent. The Bank of France gained
3,518,.")00 francs in gold and l,3S0,00O francs in silver.
The New York City Clearing-House banks in their statement

June 81 sliowed an increase in surplus reserve of |I3,033,J575,
the total surplus being $10,020,075, against |6,986,500 the previous week.
Tne following table shows the changesi from the previous
vreek and a comparison with the two preceding years in the
averages of the New York Clearing House banks.
of

1884.

June

Differ' neeifr'm\

Previoua week.]

21.

Loans and dis. $293,052,700
Bpccio

61, .348,600 Inc.
14,39;<,400 inc.

280.698,100 Doe.
28,846,000 Inc.

Leiral reserve

$70,174,52.'! Deo.

24.

$326,044,400 $318,716,800
.58.957,t.O:)
2,661,200
63,233.800
18,.'i'i2,8oO
1E,7!M).2'X
58.300
413,500 323.106,400 304,191.0(0
209,000
26,525,700
26.546,400
$103,375 $?0,7"6,r.00 $76,122,730
85.504.000
2,930,2001 89,759,500

80,191,600 Inc.

$10,020,075 rne .*3,033,5T.^|

SiUTliis

1882.

June

23.

IJec $2,8.TO,500

Circulation...
Ketdepo.sits..
Legal tenders.

Boseiye held.

1883.

June

$8,982,900

$9,381,250

Exchangee. — The decline in exchange noted in our last report

was followed by

lower figures, and with a dull market
rates Ijeeame unsettled and very weak, the figures on actual
business being sometimes much below posted rates. The heavy
still

decline in securities and large demand for money here and tho
purchase of st6ck8 for foreign account were reported as the
principal causes for the lower prices for bills.
The posted rates of leading bankers on Friday are as follows

June

27.

Prime bankers' sterling bills on London.
Prime ooniiueruial
Documentary coinmeroial ...............
Paris (francs)

Amsterdam

(guilders)

Frankfort or Bremen (reiolimarlui)

Sixlii

Day' Demand.

4 82
4 79HI
4 7!mi
8 21',

4o^
94M

481
5 19%
4038
94',.

forced so rapidly. What might occur as the shrinkage of
months of bad business and decreased railroad eaminjQi^ is
brought about in a single week by the pressure on the mnricet
from the causes above indicated. If there was c
••r
of the vitality behind certain stoclcs which exists
-y
times, it might bo thought that the present overaold conditions
would place tbe shorts in a most dangerous position when
prices might be jumped up 15 or 20 ixiints in a day or two;
but as it is there is little use in (ireuicting anytlung abosit
the course of prices, since the parties who in tiniee past have
usually supported their respective stocks now generally
abandon them. The only stocks recently supported have been
the two Gould specialties Missouri Pacific and Western Union

Telegraph

—
—and Delaware Lackawranna & Western.

Among the weakest stocks of the past few days have bean
the Yandcrbilts, which have declined since the semi-annual
statements i.sstied on We<lnesday, and the re<luction of tbe Lake
Shore t|uarterly dividend to 1 "^ per cent and the nasriog of
tho dividends on Michigan Central and Canada Soathem.
Tho L.ickaw,inna re(>ort for the si.x montfaa shows net
ings ap])lical>lc to dividends of 4 'JO-liX) per cent and its
2 per c*?nt quarterly dividend was declared.
In the Gould stock.s ,ill attention is concentrated on tbe.
above named, and the rut are allowed to go where they wID.
M. K. <&T. sold to-day at 0'.. closing at 10; Taxas ft pDciflo
sold down to S'j, closinsat li'^.
In the Granger stocks both Northwest and Bt. Paal touched
low prices tOKlay, Northwest closing at 9i^i and 8b
Paul, after "."H:"- >'
Neither o;
case of St.

"

-^'"

,.."-.

•!

cloauig at Wl^.
opart, wad in

tM

n the Preaideut

1

comes to New York it is n
The Northern Pacifies
of financial wimts, and probaliiy on
li

.

'

'^i<

stock.

^Ise nintoas

tin- rt'i><>rt 01 tbe Senate
C'ommittee favoring the canoeUation of tbe land grant on tboaa
lines not yet constructed.
Erie has been weak on attacks made in the Loadon immwyat
pars and consequent sales for London aooount.

Central Pacific

was knocked

off

by reports SMit frooa Qdi-

fomia, apparently false and sent for the pnrpoae oC daaMfiB(
the corai>any.
To-day there are some indkstians of a better ondartona and
steadier feeling. eJtbough prices were weak in the last half

hour of

btisineasi

—
..

1

.

THE CHRONICLE.

7 58

NEW YORK STOCK EXCHANGE PRICES FOR WEEK ENDING

|V JU

JIJIVE 27,

HIGHEST AND LOWEST PRICES.
Monday,
June 23.

Saturday,

June

HAIL.KOADS.
Albany & Susquelianna,
Boston & N. "V. Air- Line, pr«J.
No
BnrliDKtou Cert. Rapids

21.

cfe

Canadian Paeiiic

Canada southern
Cedar Falls & Minnesota

Central ol New Jersey
Central PaclUc

Chesapeake

60

84
55

84
55

43lg

4214

32 13

34

SO

421a
3212

41»4
291a

421a
301a

64

64

331a
*6

351a

e5i8
3334

55I4
35iv
5I8

60ia
35lj 40
'4

Slj

8I3
*6

91.J

6

let pref

2a pref

I

Clilcago St. Panl Minn.

& Om.

Do

Do

prof.

Evansville & Terre Haute
Green Bay Winona & St. Paul

Harlem
Houston

2438
8234

pref.

Cleveland Col. Clnn. * luu
Cleveland & Pittsburg, guar..
Delaware I.ackawaiuia&West.
Denver & lUo Oraude
East Tennessee Va. & Ga

A Texas Central

Do

35

35
130

35
130
yUSj 105

& West'n

I/akeEiie& Western
Lake Sliore
Ix»ng Island
I^uisvlllo & Nashville

New Albany & Chic.
Uanhattan Elevated

1221a
109=8

«*%
IOOI4
873<

120
103
9
20
2oi-i

86
35

£=4

6S<

99''el01ia
gia
638
334
4
6I4
63<

.41a

6I4

•41a

44

9

6I4

SO

'

110
80

9

714

7i._

7334
67 14
261a

77'e
671a

29

II413

80

*8ia

10

71
64
23

7514
ecia

48
90

60
90

25

25

26 °8

liOulsville

Do

St pref.

1

54
•90

common.

Do
Manhattan Beach Co
Meniiihia

& Charleston

26

MetropolitMu Kievated
Michigan Central
Milwaukee L. Sh. & Western.

54
"55"

25i»

"e'i'

"64

Minneapolis

•8
17.

10
18

121a

12'e

Missouri Pacific
Mobile* Ohio
Morris & Kssex
Nashville Chattanooga & St.L.
New York Central & Hudson.
New York Chic. & St. Louis ..

90i«100

Do

62ii'62i4

pref.

& St. Louis
pref.
Do
Missouri Kansas & Texas

714

17 's
III4

8
17 's
121a
9314

92

•6

116

117

120

117

37
37
96
97=4 100=8
«
6
61a
Ills
11
11
pref.
Do
'105
105 130
New York Elevated
84
New York Lack, & Western.. 84 85
New York Lake Erie & West'n 131a 13'8 12's
30
81
30
pref.
Do
9
New York & New England
New YorkNew Haventfr Hart. 177 177
Bia
7^
New York Ontario & Western.
81a
New York Susq. & Western.

981,

6
Ilia

130
84
13=B

30
9'8

8

.

Do

Norfolk

&

pref.

Western

Do

pref

Northern Pacific

Do

pref

Ohio Central

181a

1914

42 14 44^4

17 14
4034

13,

1=4

I's

I't

I714

17»B

Ohiotjk Mississippi

17

18

Ohio Sou thein
Oregon SJiort Line
Oregon A Traus-Contlnental.
Peoria Decatur& Evansville..
Phllartelpliia it Reading

lOis

11

22=8

&

•634

91*

Wayne Chic.
Eicb.ai Allegh., St kitrustctf's
trust
& Danville.
<fc West P't Term'l.
Rochester & Pittsbui-g

126

Terre Haute

20

20 "4

13"

I3I2

Pittsburg it.

Kichmond
Richmond

Rome Watertown & Ogdensb.
Bt.

Louis Alton

St.

Louis

Do

&

<&

pref.

San Francisco

Do
Do
Bt.

Panl

pref.

1st pref.

& Duluth

Do

16
334

•78"

18=4
431a

IOI4
718
223,

4234

31
35

Thursday,

June

431a
31 !<

42
26

36=6
6

661a 56
3339 341a
6
6
1014 1014

15
36

36

82

55
39

55
411a
261a

'2434

641a
3113
6

651a

33^

2C2
416

3434

37
6
12ig

Facllio

MISCEI,L,ANEOUS.
American Tel. & Cable Co

6
•Ilia

13

SKi

12%

821a 8314

83

7I4

33
6

»4

30

3,410
68,902

49

91l» SII4

PacWcMail

71
36
94

Pnlhnan Palace Car Co
Quicksilver Mining
Do
pref

Weatem Union Telegraph

8

334

*20
64

•48

INACTIVE STOCKS.

11

8

89

71
38 ig
961a
5

37

100

1313
33,

•12

13

30

30
76

3"^

3"%

\

12
3

12

20

20

3=8

12

12

313

3%

18

1,1200

6,000

600

"liii"lii3 "13"

13

A

37
12

lliaJuno28

ll's
2713

11

76

76
SO

76
30

"73'e

73',

650
330
690

83=8

83=8

SO

83

781a

811a

6,900

7=8
3234
4>3

8
34

6i3

73,

17,4110

29=8

3334
4:^
10'4

261,984

49 14

212

49
30

7

400

7

30

'2713

10

^24

Juue24
Jnne26
Juue 26

3
1934 Jan. 7
18 Juno 27
7513 June 1;^

76

82 la 83

71a
35'(

713

81^

7=8

81a

3313

33 1«

36 14

6
121*

6
1034

Si's
5
113b

8
1134

12

U-is

9
901a

9

4<3
113,

4
9I3

49
•713

91

9
92 14

101,

IOI4

66

9
93

7I3

ig

•2,310

7,700

27 13 Juue 25
70 May 15
22 May 22

Juno 9
78i3Juue27

67 »4

62

6fi

StS's

38=4

91

9U

381a
9313

40=4
9713

•3^

5

21

*20

647,

•334

51.J

2'J

50 14 52 'e

20
20
61 »8 6313

100

131
89
60
100

•128 132
126
87
87
88
87
891a
47I6 471*
47le 471s
49
100
102 102
99 105

•127

62

131

130
89
49
105

91

9113

6O34
383<
9313
•334

6513
393,

6213
SSHj

621a

4,«88

3i)34

•25,941)

93

9614

8,003

31
90
4

300

•20

91 14

20
61

126

9b
6

•334

5

20

•20
611a

22
64

623,

126

130
87
871a 89
49
47
4713
100 105
100

130
88
49
104

3,718

334,790

49
87
45
98

1

60

el's

loUet A Chicago
Ohio & Mis.si!i.sippi, pref
Rensselaer A Saratoga
Texas A New urieans
TTnlted Companies of N. I....

61 's

68

Warren

Katyland Coal
Centrjl Coal
Co;il

Bpnng Mountain Coal
;

no

sale

was made at

Clid tiijard.

63

eoH)

aoia

16

10i4Juno24
J uuo 26

6O34

I2714

4(2
471
140

May

JuiieU
Juue 27

88 13 May 23
10 M.iy 16
122 la Jan. 7

62
142
33

62

lud. Cent..

Danbury A Norwalk
Dubuque A Sioux City

These are the pricei bid ani asked

10 May 24
5 13 J line 27
29 =8 J uue 27
4 J lino 27
9
May 20

7
90I4

714

100

65 Hi 67
38=8 38
95
94
•334
5
21
61

23
68

Atchis<m Totieka A ^auta Fe.
Chicago A Alton, pref
Columbia A Oi'eenville,pref...
OoluniUuaCliic.

May 22
May 24

31ia.I«iio27

Wa

.170

129
89

United states
Wells, Fargo A Co

June 27
June 27

V

EXl'KEISS.

American

2434
8

im

4913 49Hi

& Merchants' Tel....
A Iron
Delaware A Hudson Canal
Mutual IT ulon Telegraph
New York & Texas Land Co..

Oregon 1 niprovement Co
Oregou KjiUway ANav. Co

56' J line 24

•O

Bankers'

Cotoia^lo Coal

May IP

80i3Mar.27

13,900
9,130

May 16
May 24

June 6
June 20

May

1,

1,

1884.

1884.

14

For Pull
Y'ear 1883.

Low. High

Highest.

80
81a

"

128

82

pref

Wabash St. Louis & Paclflc
Do
pref,

Lowest.

Wa

76

•77

7»4

Pennsylvania

'27.

'

313

Unio

New

421a
301a

Fi-iday,

June

Range Since Jan.

24 May

84

dams

20.

Sales of
the Week
(Shares)

JAN.

6
1,'iOO
6 Juno 27
11"4 III4
420
9iaJune20
•1)13
9
7
May 26
120 120
118 120
1201.^12114 120
120
2.335 118 June'23
108 le 111
lC9ia 111.34 1071310914 107 10834
30,587 107 June 27
58I4
UOis
ciOia
623<
6314
61
681a
425.788 58i4Juue^27
&U=a
100 100
9 5 '8 99
9714 lOlia
6,877
991a 100
93'eJHue^27
82 13 8434 177,7:-I4 81iaJune23
83=8 8534
83
86 1« 8518 8734
II8I4II9
II7I3II8
II7I4 11834 119
121
0,350 117 June 23
103 105
101ial04
104 103 14 103»e 108
21,282 IOOI4JUU023
•7
634
03j
9
300
7
7
034juue'26
•17
•18
21
20
21
122 20 May 15
201a 201a «18
21 '8 23
2218 23
24
23
26
24 H,
2,545 2 I's June 26
82
82
8O34 82
82 la 831a 83
85
0,982 8034juiie^27
28
3134 3434
2934 32
2934
1,830 28 J line 27
341a K4ia
126i«125i8 130 130
320 125i8Juue24
1011, 100
1051310714 108 Is 107=6 106 '8 107=8 321,160 90i.iMay 26
7I4
7
H
7=8
11.400
'i''f
638 June 23
61a
71a
81a
>334
334
334
3=8
334
3=8
4
3=8
1,300
SiaMay 14
6I4
6I4
*tfl4
634
7
6
6
'lU
600
6 June 12
*20
32
37 May 2
413 5I3
•4 "a
•413
534
6»4
•41a
61a
4 May 8
188 June 18
-16
21
20
20
30
30
100 20 Jnue26
IIOI4 11234 llOia 11113
111
11234 114
113
17,672 lIO .luiie^23
75»4 73=4
15 7534Juue24
IOI4
9
9
10
2,170
9
9
9
9 Juue21
91a
•7
"7
*6ia
8
713
8
1,300
8
6'e
6'8Jiine27
71 14 7414
72=8
673^ 7li8 269,477
72^8 75
71
67^.1une27
63 14 64
64
65
64
2,236 62
631a '631a 67
May 24
22I2 25
2213 24=8
24 14 25=8
23 « 2434
68,932 22 la June 24
12
12
100 12 June 27
•60
60
63
50
51
60
50
51
1,400 40 Jan. 22
92
-S3
95
90
92
UOO 82 Jan. 21
90
-68'
53
55
6U
600 42 Jan. 'IS
56
I3I4 I3I4
16
euo 1213 May 16
23
23
600 23 J uue 27
90
87 May 17
58 1< 64
51'4 67
*61
6,040 61 34 J line 27
10 Feb. 11
"iso 323, May 26
34
34
8I4
8I4
8I4
*8
9I4
81*
-7=8....
1,120
7 la Juno 23
«18
1734
•I714
1734
613
21
181a
17 Juno 2
171a 171a
1138 U«8
913
1134 I2la
1034 1138
18,430
9 la June 27
»4i8
01 's 95
9213 943b
92
81,084 63i3May lio
921a 93ie
*6
6I4 June20
8
'116
116 116
119
'116
118
380 110 Juno 27
119
•34
33
33
30
32
39
36
86
2,610 30 J uue 26
94I4 9634
96 14 9818 aeh 98
9634
96
89,420 9414 Juue'/:7
5I3
Sij
6I2
513
«
6
61a
1,300
61a
5Va May 14
10
10
10
10
lOia lOii
930
101a lOia
9 May 14
>105
130
'105
130
>10J
115 115
130
100 115 June 24
83
83
S6ia 8519 •83
83
83
85
730 83 June 26
I2I4
I3I8 I3I4
1218 13
12'8 13i%
61.»-,!0
Ills June 27
20
20
28
28
28
28
843 20 J uue '27
8
762
8
8 J uue -24
50 176 Jan. 1
8I3
734
7'8
8
7'8
3,070
7
June 2.
*3
5
313 May 27
6
•8
12
12
10 May 17
10 Jan. 29
24 13
24
26
26
860 '24 Juno '27
14',
17=8 18
14 Juno '27
17^ 18l» 1414 1713 14
20,001
37I3
41'8
37 >4 39
37 14 Juno 27
41»4 43'8
15y,325
411a 44
134
1»4
13,
13,
I't
I's
2.338
I'e
I'l
l=8Juucl8
Is
14=8
•16
15
17
16
17
14=8 May 14
3,800
161a
7
7
7
7
300
6
June 12
13 Juno 19
9i«
7>«
8
61*
81,
734 10
83,
ssisbo
6i4June^26
'034
•7
714
8
H
300
7% 73b ^7
7 June 20
2213 23 Hi
22=8 2313
23 >4 23^8 223, 23
18,700 22 June 2
83 125 Juue21

37
13

16
4

Paul Mlnneap. 3b Manitoba.
South Carolina
Texas cS i'acitio
Bt.

I

7
22

734

24
128

6i8

Wednesday,
June 25.

•631

91.

leased line 4 p.c.

Indiana Bloomingt'n

10

9
4ie

•20
25
113»4 116

Illinois Central

24.

42
56

& Ohio

June

69

10
*e
9
118
125 125
Chicago * Alton
IO714
Chicago Bnrllngton & Qulncy. 108 111
0234 67 >a
6914
Chicago Milwaukee & St. Paul
98
101
pref. 101
Do
80 "-J 801a
811a
Chicago & Northwestern
12212 117
prof. 120
Do
IOOI4
Chicago Book Island & Pacific 102"^ 103
•8
912'
•834
Chicago St. Louis & Pittsbnrg
20
pref. •20
Do
231a

Do
Do

Tuesday,

AND SINCE

xxxvm.

136
135 Jan. SO 127
84 Juuc^24 78
84^
86
80 Jan. 10 76
68i4Jan. 18 48 't 6513
47
7134
67 '8 Feb. 11
14
I7I9
10
12 Jan. 18
90 Jan. 11 6814 00
61
6734 Jan. 10
88
'233,
13
15 Jan. 2
23
8513
28 Fob. 11
143, 27
17 Jan. 7
14914 Feb. 6 128 il37i4
12734 Feb. 16 116S4!l'29^
94i4Jan. 3 913, IO8I3
119
eb. 16 115 |l'22i4
124 leb. 12 I16i4^I40i8
149i3leb. 12 134 ,157
12634 leb. 11 116i3'127l4
ISi4Jan. 5
10% 22
33
57 \
35 Jan. 11
55
34i3Jan. 3 30
91 113%
96 14 Feb. 11
84
69i3Mar. 14 64
141
Apr. 1 124% 142
1

ISSisSIar. 1
25=8 Jan. 3
8I4 Feb. 18
14i3Feb. 15
61 Jan. 7
81a Feb. 8

200
61
140
86
2014
1934
10434
781,
6138

111% IS1%

21% 61%
4% 11%
11% 23
45
6

Mar. 18 190
50
Jan. 4
Feb. IS 124
Mar. ti 77
Jan.
Jan.

6
7

Mar. 4
Mar. 16
Mar. 4

35

.Ian.

5934

June 7

4

9313 Apr. 7
5913 Mar. 17
24
M.ar. 18
40 Jan. II
lO.'i
Apr. 15
94 Si Mar. 4
16 Jan. 7
44 Ajn-. 10
ISSiJan. 7
36 la Feb. 11
23i4Jan. 5
100 June 21

88
122

lO'j

82%
148

84%
17% 35%
ISs 33%

923, 114',
863,
58

40=8

58%

80
38
80

90

38

63

68
63 '

12% 30^
32
76
77
10
36
1684

33

66

95%
100%
18

48%
3034
68%

86

34',
106',

10
Jan. 29 120

1'29%

19%

1334 Mar. 24

127

76
200

19%

Mar. 14 50% 64',
Mar. 13 111% 1'29%

10% Feb. 15
2034 Feb. 14
June 13
94I3 Apr. 12
2838 an. 5
71
Mar. 3

l.W

-I

7
133,

90

16%

36
106

833,

88%

26 'b
72

40',

83
17i3Apr. 4
17% 62%
183
184 M^y 1 169
16 <^ •29^
10i3Jan. 7
8"«
4'(
6 Feb. 28
21iU
18i4Feb. 16 14
10
18
11
Feb. '26
4934
42 Feb. 16 32
23% 63%
27 Jan. 7
49=4 90 <%
57=8 Jan. 7
14%
2
3% Jan. 7
36 ^
26'8Mar. 17 21
14V
7
Mar. 19
9
32
19
24 Mar. 22
•29% 89
34=8 Jan. 7
28
12
17
Feb. 4
60=8 Feb. 23 46% 61%
135 Apr. 14 129% 188
16%
4
5 Jan. 11
72
61
Feb. 14 47
39
21
32 Feb. 15
23
14
1618 Feb. 4
34
15
24 Mar. 21
86
60 Mar. 17 86
96 Feb. 5 80 103
27 Mar. 18 •20% 36%
6»%
50 Mar. 18 40
96I3 Apr. 10
100%
87
40',
33
3234 Jan. 9
9734
90 Jan. 26 90
169%
99 Jau. 7 94
1 1
May 24
2239 Feb. 11
84=8 Fob. 16
1934 Jan. 7
32 Jan. 6

22% '27%
17% 43
70% 104=4
36%
15
29% 67%

03",
57
61 =8 Jan. 8
1273, Apr. Hi 1181, 140%
39^
14
1713 Mar. 17
114 Feb. II 102% 112%
25
17^ Jan. 10 16
126
66
170 Feb. 9
91%
66
6518 Jan. 7
112 Jan. 28 90 150
44^
28
56=4 Mar. 17
117 Jau. 7 112 % 134
6I3 Feb. 11
9%
6
46%
32i3Feb. 6 30
78% Feb. 16 713, 88%

Junel2 137
J uue 24 102

May 17
May 26

Apr. '24 126% 136
94%
Mar. 26 88
66% 66%
611a Feb. 7
115 Feb. 13 113 128

June 23 8O34 Jan.
June 13 152 Feb.
Feb. 11 33 Feb
Feb. 14
Jan. 21

2

Jan.

60 Jan.
60iaJune^27 82 Mar.
137 Apr. 12 145 Mar.
45 May 15 90 Jan.
138 Juno 18 I46I3 Apr.
H2>aMay 3 03 Feb
1921a Ian. 8 liiSij Mar
121
May 1 I22<3 Mar.
9 Juue 9 15 Feb.
713 Apr. 14 I014 Jan.
264 Feb. 19 264 Feb.
2M >a J au. 2 51 Apr.

78%
140
31

1%

S4l|t

160

68%

7%

70%

60
77

92

138

138

112%
96
130% 145%

187% 197
118
10
9

260
'.'9%

118
17
14

280^

30%

...

...
,

June

88,

..

THE (JHRONIOLE.

iB*t.J

({IJOTATIONS OF STATE
SECURITIES.
Alabama— ClAM

AdL

Bid.

•82

A, 190e.

Olasa B, 68, 19ua

Olau O,

4ii.

1

.

.

ANDJUILBOAD UONDS. JVHB
WtAVM

BKOURITIKS.

auL

L-mu(an»-''«. Moi.,19U

08

KT-nmrtirprl rnrmon,...

1906
7"!

»», isu.

•OUBITIM,

Aak.

N. OMallii»-CrallMa«ffaw iMiiHiii. Aj 'ovm
.1

ibs"

es, lO.2O(i,10OO

Arkansaa— Ha, tiiiiilMl....
7«, L. Hock A Ft. s. IBB.
7b, Momii.Ah.Kock UK

769

no

ia>g

Mia '93

7», L. K.t'.B.AN.fl. Kit
79, Ml»».
R. H. UR.
70, ArkaiiMOA Cout. KK.

O.A

iiv
lis
108

1(M7

.

0eor)titt-68, 188B
7s. 188«
7g. gold,

-

1890

37 •

'A.olil.J.AJ..
iMinmiii.' ii.l. lMUa-lHe8

ITtMiii.-^.,-.

10

II

6«,neir. iiiu;:.«.iuuo

HAILROAD BONDS.
SECURITIES.

Bid.
Del.

Railroad Roudg.
(Stocti

Exclumae

/'rtcM.)

l8t,con8of., guar.,

1911..
Pilc— 1st. «8, UllO.i
i

.

.

Suaq.— lat, 78

Ill

...

A

Reus.

_

Mo.K

Chic— Ist '116
lie's

.

I
I

86
90
128
127
103

8434
12194

.

(js,

1908

Long Dock b'nds, 78, "93
Butf.N.Y.A E.— lst,1916
N.Y.I,.E.AW.-New2d6

Ist,

H.

A

109

Siuk'gfd. deb.,

Ss,

,...

112

97
96
91

Win.AStP.— l8t,78,'87|

99<9

92

126

107

M11.A Mad.-lat,68,1906
C.C.C.&Ind's— Ist, 78,8.10.

78
6S
66
100

"...

s.f..

7»...

1071s
106
111
.

....

m"
100
92

ChlcAW.Ind.— Ist, s.f., «8
Gon'l mort., Bs, 1932....
O0I.A Green.— Ist, 6s,1016
2d, 6s. 192B
Col. H. V'al. A Tol.-lst, 5a
Del. L.& W.— 7s, conv., '92

77

'.>07

l'30"

130
113

A

Erie— New bda

•Mo prices

Had.Riv.-78,2d,8.f.,'85i'102is
Harlem— lat, 78, coup... '""
180

3d.««, 1909
Dakota Rxt.- 6s, 1910.
lat,eoiuol.,6a, 1938...

131

m. cona., 8s. re*., HKM.

....

By-

Oeoeral. 8a, 1921

ToL D«L A BnrL— MsiULSa
1st Dart Div, 8a. Itflo
_lst Ter-l trust 6s. 1010

K»L A W. PIgeon-lst.
I>et.M.A T.— l8t,7s,1900

coup., 1st, 78. 126
reg.. lst^78...
coup., 2n, 78..
reg., 2d, 78 . . •lie
lal. RR.— lat, 78. '98

*

Mo.MlssoaA-lst

Central Pac.-G., 68

94

. .

!

.,*10«

2(1,68,19.30

.....

'94
•93 ij

Pensacola Div.—6s,1930i
StL. DiT.-l8t,68, 1931
2d, 38,1980

94
116

100<i

106

V Mnud.)

107

ABern/Ceat-lBC- 1913
AtL* Pac—IncJTSlO.
Ceottal of N. jT-1908

.

60
80

ChkL*
95
08
68

106
100

.

K. llL-IaeTlMT
IM8M.A >t.U.-latlae.8s
Dot Mack. * Maro.-Iae.

K.T.V.*Oa.-Iae..la,10*l
EUiab. C. * Nor.-3d. !«.

lodTiL

A W.-Iaari»li
Iaa-I»18

"'
SOW md'sDsi*"'
Short L.-l8t Os'
**^^SjA32iii:
-.1.:
Ut8o.-Oen..78. 1909'
TrastOa.'
Exten., Ist 78. 1909 •
»7
l«h. * WUkssb. Coal-' . _,
Ko. PB0.-l8t coaa. es. 93
Lake E.* W.-Iae,7^-M|
8d, 7s. 1908
lOO"
Saad-kT DtT.-lM_IM«
Fae. of Mo.— 1st 6s...|*I03 103
Lat.BL*Maa.-]ael7<
"" 108 MU.L.8k.*W.-r
3d. 7a. 1891
StL.* 8.F.-Sd. 6s, CLA
Mob.* O.-Istyrf
8-8S. Class cTlMe....
9d.pt«l,da»«M
Oreit.

i:

"

Class B. 1908....
8^
Pieree O. * o:
lat

l«.T!Lak« IL* w^taa. (

Kqnlpment 78. 180S..
OeBTmort, 6s. 1931..
Bo. Pac of Mo.— Iste*
Tax.* Pac-lst6s,1905

N.Y.p.*o.-ir

OUoCaat-li

'-rs:M

Oooael, 8s, 1805
* Id. gr,
Ineone
'—
-•

Oafrnt-A UO-IM,. If

PsonaOiAXT,—laa,.

Pitta.

li

Kraaar.DlT.— lae.. II

05

PlttC.A «t.L.-lato.,7s
1st reg.. 7b. 1900 .

".7al918
-M-TS

m

.

^.st P.* M - L4ir4iie,0s

PcmunrlTanIa RR.

weak.

.

Caotla-Conp. dsl>. carta,

AtC.A P.-lst*.1906 •
At J. Co.* W.-l8t 6s'-

Pa.Co.'ainiar.4'Registered, 1

I

BOIf D8.

(JMffSrt pat<iM<

98i| 101

— -iG.DlT. %tl%6

80

iHO
HOC
I

I

8*.

78

)

M

VaL W.W.-Ist6s

INCOME

95

1803.
-

let conaoL, 6s. 1919!
C.Br.U.P.-F.c.,7s,'95

lie
93
76

iPi

MiitUn^TeL~8.rd,6s, 1 91
Sprliig

8s

8o.Pac.of Ariz'a-l8t,6s
8o.Pac.orN.Mex.-lst.6s,
Union Pacific— Ist 6a
Land grants, 78, >87-89:
Sinking fands, 88. -OS.
8a,

7b.,*I08

R.W.Teli^Taph-7s.l904l

San Joaquin Dr.—Os..
Cal. A Oregon -1st, 6a
State Aid b<ls., 78. '84
6s.

n

WastUn-TeL- 180i>,coup.'
lOOareg

Istea'

n

IM8

p.*80.Ia-lstax,8s

A

Cat

78
80

6t.x^K.c^tt.:^hj».,7t'
Omaha DIr.-Ist 7s
Clar-da Br.-Os, lOIO
8tCha8.Bge.-lst.6si ---.

103is

Ist88,1896

E.H.AN.-l8t,6a.l919 •8*

this

-

77

•

KanaPac.— l8tw,'95'

I

N.O.AMob.-lat,6s,1930|

made

2d. ext,7s,

!

A Nashville—

Friday; these are latest qooutious

6s.

..

Eqaipm-t ImIs. 7t, -SS.
CooaoL eoor, 7a 1907
aiWest'
^' -- 1898
(^Trotl 1st 7s, 1800
San.*
Naples-Ist
^ple»-lst7s
=,
7s

j

Consol., 78, 1898
Ceolllan Bfch-7s, 1907

Nashv. A Dec.— let. 78.
B.A N.Ala.-S.r.,68.1910
Leban'n-Knox—6s, 1U31
Louiav. C.A L.— 6s, 1931
Truat bonds, Os, 1922.
L.ETte A W.-lsL 6s, 1919
SandDskv Dlv.-Oa, 1919
Laf.BLA M.-l8t,68,10ig
I-ouisv.N.Alb.AC— lst,68
Manh.it. B'ch Co.— 78,1900

Detroit DtT.-Os. 1931

Cam DlT.-6a, 1931....

Paolflc Railroads-

Land grant bonds,

«•'•

Wabssli-Mc._.
-Mori 7s. 1900
Tol. * W.-lst
7.
'70
Ist St L. IHr_ 7s,

EvanaDiv.— I8t.e8.1ik20 •
Peoria
Pek.U'n— Ist. 6s,*

West Pac.— Bonds.

85

ToLP.AW.— 1st 7a,I917
lad'polis DiT.-Oa. 1931

Orern RR.A Nav.— lst,68

80. Pac. of

»"
8SH

Iowa DlT.-ds. 1 931

[

120
118
118
101

WjgtJiX. L. APae.-Osii1 8s
Cblo. DlT.—Os. 1910..
Hav. DiT.-Os, 1910.

99V

CoUati
teral• Trust 6a...
do
68,10071

West—

Oeneial, 6s, 1030

99

I>enT.Dtv.6s,a8'd.'99:

Consol.,
Consol.,
Consol.,
Consol.,

7s. 1905
Sabine DiT.-.lst6s.l91>

os..

Panama-S.f., sab.68.1910
Peoria Deo. A Er.- lat 68

W5

Tax.Caii.-l8t,s.r.. 7s,lS00
l«tiiu>rt.7s, 1911

Tex.* N. O.-lst

New River— Ist, e«,1932
No. Hallway (CaL)—l»t, 6s
OhioA Mias.- Consol. s.td.
Consolidated 78, 1898..
2d consolidated 78, 1911 100
lat, Springfield Div., 7s
OhioCentraT— lat, 68,1920 *43
let. Term'l Tr.. 68, 1920
let, Mln'l Div., 6s, 1921
Ohio So.-lst. 68.1921 .... *76
Oreg^A OaL-l8t,6s,1921
Or.ATranao'l—6s,^82.1922*
Oregon Imp. Co.— Ist,

IU3>t

80, Car.
1st. 8s. 1930
3d. 68. 1931.
SiMiiaiidl
•hV.-l'rt."7ii9bi 108

N.O. Pac.— let, 68, g.. 1920
Norf.AW.-Oen'l, &, 1931

'

110

100

„»UnsUD.-l.tK,1933

ya.Mld.-M. Inc, 8s. 1037

N.Pac.-O.I.gr.,lst,op.,68
Registered, 6a, 1921 ..

Reg,

116

N.Y.,tM.B'h-lat,7a.'97
.

71

A Tol.—Sink'g fd.

LoolsviUe
*

i'of"

103

lat, consol., 5s, 1931 ...
Ist, 6s

2d, 6s, 19'23

78,1891..

Bolt

Louis.

St.P.A 8.C.-l8t.«s,1019! 114
Chic.A E.Ill.— lst,8.f.,cur.;
Chlo.St.L.& P.— l8t,con.68
Chic. A At].— Ist, 68, 1920

M.AE -2d,

116

•104
New bonds. 7s, 1886.. 102
Cleve. P. A A8h.-78..-. 110
Cleve.

Long

Consol. 78, 1914
Consol. sink. fd.,7s,1914|

1

Lake Shore—
M.S. AN. I.,

lOS

Lake Shore— Div. bonds 120

2d, 78, 1907

7s,

.94

Coupon. 68, 1909
Kent'kyCient.—M.68,1911

Peninsula— lat, conv. 78,'*118
Chlo.AMilw'ke6-l8t,7s 120

Mortgage

C—

2d. 58, 1911...

Escanaba AL.S.— l8t,68
DesM.AMin'ap.- Ist.ts
lowaMldland— Ist, 8s..)

Syr.Blug.Jt N.Y.-l8t,78
Morris ..V Essex- ]st,78

1897 ..

IntAGi.No.— Ist, 68, gold 104

1933

General consol., (jh. 19;i4
C.St.P.M.AO.-Consol. 68
C.St.P&M.— l8t,(is, 1918
No. Wl8.-l8t. Us, 1930.

Ist, consol.^ 78,
2d, 6s, 190'?

1st, 4.5-68, 1909
2d, 4-5-Os. 1909
Eastern Div., 68, 1921
Indianap.D.A Spr.— l8t,7»

...

i'oi'

i"s"o"

l8t,reg., 1903.... ....

NevadaCentnU- 1st,

.((,

__-_Br.A8o. Il
8tP.MInn.A Mar.

I

1

A

78, 1902..
Regist'd, gold, 7s, 1902.
Sinkingfund, (is, 1929..
Sink. fund. Ha, li)29. reg
Sinking fund, 5s. 1929..
Sink, fund, os, 1929, reg

N.Y.C.AH.-lat,cp.,78

'

1

pre/., 7a._l Hill
ncome, 7a,

1181s

|

Ced. F.
Minn.- 1st, 78
Ind. Bl. AW.-lst prefT, 7»

Coupon, gold.

.

8LL.AItoDA T.H.-lii

N.Y.W.8h.A Bnir—Cp.,6«
Registered, 6s, 1931....
"'
961s N.Y.Su8q.AWe«t.-l8t, 6s
Debenture. 68, 1897.
Fl'tAP.Marq.-M.6e,1920i liais 118
Midland of N. J.— let, 68
llOO
aal.Har.AS.Ai>t.-l8t,68,*
N.Y..\.II.AH.-l8t,rg3 4»,
Buff.AS.W.-M.,68,1908

Ev.AT. H.— lat, cons., 68*MtVern'n- l8t,08,1923|

Gohl,68,1951
Dab. A 8.
2d Dly., 78

D., 78, 1910...!

-Oen'lr-yAl...
»r^ ._,
6«^

2d. 6s. 1923.... ......

,

Chic.A Pac.Div.,6s,1910
lst,Chio.A P.W.,5s,1921
Min'l Pt. Div.. 68. 1910.
C.A L.Sup.Dlv., 58, 1921
Wia.A Min.Div..58,1921
Chic. A Noi-thwest.—
Sink. fund. 7.S, 1885
Con.sol. bonds, 7s, 1015.
Extension bonds, 78. '85
Ist. 7s. 1885

Ci
C»lr«i -Vrk. .t

.

.

,

l8t,8.Minn.Dlv.,Cs,1910'

'90

.139
1900
N.Y. Elev'd-lst, 78,1906 iiaiy
106 >s' N.Y.P.A 0.-Pra'n.8fc '951
112
N.Y.C.A N.-Gen.,4llj910
112
TiTJBt Co. reoelpie
N.Y. A. N. Engl'd-lst, 7« 96
il8"
1st, 08,1906.
N.Y.C.AStL.-l8t,6«,1931

I

iaC.&Dav.,1919

H.ACeut. Mo.— lat,

A Ohio-New Us 104is
CoUater'l tniat, Os. 1892
8S
lat. Kxicnst.in. 08, l»27l

lat, 78. reg.,

102
2d, 78, 1905
Keck. & Des M.— 1st, 5« *
Mei. A Pao.— lat, 58.... 91%
Cenfral of N. J.— Ist, 1890 '113»« 11418'
2d, 68. 1931
lstcon8ol.assented,1899 _lOJ
_
,103
Gr'nBayW.ASt.P.— lBt,68
Conv.. assented, 78, 1902 '103 "s'
Gulf C0I.A 8. Fe— 7s, 1909 108 110
Adjustment, 7s, ldo3...
1104
2d, U.S. 1923
Conv. debeut. Us, 1908..
80
60
Hann. A St. Jos.—^8,conT. 103 1031s
87 '(
Leli.AW.B.-Con.g'rt.as.
111
Consol. 08, 1911
Am.D'kA I mp.— 58, 1921
88
Houston A Texas CentrChic. Mil. * St. Paul—
ist, M. L., 78..
1071s 110
Ist, 88, P. D
126 1128
•104 105
1st, Western Div., 78 .
2d, 7 3-10, P.D., 1898... 116
Ist, Waco A No., 78
108
Ist, 78, $ g.. H.D., 1902.,
1271a
2d, consol., maine Une,8s
1st, LaC. Div., 7s, 1893. 110
2d, Waco A Na, 88,1916
lst,I. & M., 7s, 1897. ..
....no's
General, 6a, 1921
lBt,I. AD., 7s, 1899....
Houst. E. A W.Tex.— l8t,7»
88
Ist, C. A M., 7s, 1903... 126
ISO
2tl, Us, 1913..
;il7is Illinois CentralConsol. 78, 1905
2d, 78, 1884
loo's.-..
Springfield Div.—Cp. Bs.
Ist, 7s, I.A D.Ext., 1908
119
Middle Div.— Reg.. 6»... 103
IO7I3
let, S.W. Div.. 68, 1909.
C.StL.A N.O.—Ten.l„78
l8t,6s,

.

Mobile

CoUat'l tnist.()s,1922.

!0e

il

Cons. -, ....,,,.(!
Cona. 2d, income, lilli..,

1

lBt,68,1920

Reorg„ Ist lien,
127

n

.

.

,

';s,1920

OPTli

90
41!^ 43
86
76
95
38

2d, extended, 68, 1919
110
3d, extended, 4 "ss, 1923 '108
4th, extended, 58, 1920.
6th, 7s, 1888.... ....
lOS
lat, cons., gold, 7s, 1920 110
lat, cona., id coup., 7s.

,

•

Det..Mack.,t.Marq.-l8t.U8,
Land grant, 3 Kja, S. A
Morgan'aLaAT.-Iates'
E.T.Va.JS(ia.— l8t.7s,1800 112 116"" Nash.Chat A StL.— lst,78 *
l8t, cona., 5s, 1930
61>« 61 >a'
.."
2d,««, 1901
Divisional us. 1 930
93%
N. Y. Ceotral-68. 1887... 108
Ellz.C.AN.— s.f.,deb.,o.,68
Deb. certs., ext'd 5a
.

M.

2d, 78. 1801...;..!:.
I

Bar —1 at. op.,7»!
1*128
1921

Ist, conaoL, 7a, 1910. ...I
Den.So.Pk.* Pac.-lst, 78!

1

fVMt-ol

In. I.

s'thw.rit.-i., 1,78,1010
Pa.
t.l921.

lat. reg., 7a,

Deu.A rtioO.We8t.-lst,B8'

nomsW..!
co»,i.i

115
!

Kegistcre<I

Denv.A RTo Or.-lat, 1900

9«>»'l

n«

1900]

Eliz.Lex.<& Big SandV—68
60
Erie— 1 at, extendedr/s
121

Chicago A Alton— Ist, 78. *116
SinklBK fund, 8s, 100.1.. 118>a'
La. cS Mo. Itlv.— 1st, 78. 114
2d, 78. 1900
....

1903 125
6s. sinking fund, 1901 ..
6s, debentures, 1913
89
la. Div.— s. frt., 6s, 1919 *
Sinkingfunrt, 4s, 1919 '85
Denver iJiv.—4s, 1922
Plain 4», 1921
*70
O.K.I. & P.— 68, CD., 1917 •*126
68,reg., 1917
i*

;i

v,--i,Roeb.*|-,

128

114'g lie's'

Ist, cons., gn.. 6a,

90

Ches.CtS.W.— M. S-6s...

C3.& Q.-Consol.Ts.

ioow,M»t8.fc.5ri
a.'iii".

!i»i»-

Registered

I

<fe

100

2d, 78. LSAS....;
lUl^l.'M
Istcona., Kiiar.7s,1906l
122

,

1st, guar. (564), 7s, '94
2d, (360), 78, li<98.....
2d, guar. (188). 7». '98
Miss. K.Br'ge— 1st. .«.f.68

«

Alb.

Can. So.— lot, int. Ruar. 68! 96
2d, 58, 19l3
79
Keic.. r.a. 1913
Central Iowa- l9t, 78, '99'
100
East. Div.— Ist, (ia. 1912 "
72 >a
111. Div.— 1st, (is, 1912
Char. Col. & Aujt.-lst, 7s *108
Clles.A O.— Pur.nioueyfd. log's
6e, gold, series A, I'JOS .
91
6s, KOia, series B, 1908 .
78
68, cuirency. 1918
26\
MortKag^bs. 1811

St. L. Jack.

'Viti
imrdi

7a,

98

,

I

|

KOOBITII

Aak.1

Iiaa
1122

.la,

l.st,Pa.niv.,cii.,7s.I917
1st, Pa. Div., r«g., 1017.

1

1112-1

Bid.

!

60
Balt.&O.-l»t,0a, I'lk.Br.i 113
Boet.Uartf. & E.— lot, 7«!
Guaniiitood
Bnr.C. Hap.&No.-l8t,68l
Mlnn.ASt.I..-l»t,78,(rn. '126
Ia.Clly.A Wost.-]8t,78
C.Rap. I.F.ctJt— l8t.68'
l8t, lis, 1921
Bnff.N.Y. *l>liil.— l8t, 6s
Oencral, Sa,

BRCUHITIKS.

««'

1923
Del.* Hiid.CHnal-lst, 7« 102»<
78,1891
I'lie
latent., 7a, 1881
113
Connon, 78, 1804
no's
Uegislered, 7». 1891 ...1 115^

Atch.T.A S.Fe—4 h». 1020

AtL &

Couieructloii,

^

AlleK'y Ceut.— lBt,08,lil'2a
lis,

AA.'

Bid.

'?«..,

N.Y.Lack.A W.-l»t,

Ala Central— ist, 6«, 1018
SlnkiiiK Jund,

SECURITIES.
A W.-Contin'd—

I,.

Bonds, 7s, liHio
780f 1871, 1901

I

FtW.* Ctale.-lsd«I89

Pwfia* Pak. Ub. -la,^
BMb.* FiaBb.-Iaa.li-

BaiMW.*OK.-Ia

a»Cv.Rr.-Ir

8tI..*lJ(_ _,
m. L.A.* T. B.-

Hh

Yvi

V

5

..

..

.

:

.

THE CHRONICLK

760

[Vol, XXXVIII.

RAILROAD EARNINGS.

New York City Banks.—The following statement shows the
and the totals from Jan. 1 to condition of the Associated Banks of New York City for the
week ending at the commencement of business June 31
latest date are given below. The statement includes the gross
Average. Amount of—
earnings of all railroads from which returns can be obtained.
Banks.
yet Deposits
Loana and
The columns under the heading "January 1 to latest date" furLegal
CirculaSpecie.
other
XHscounta.
Tenders.
tion.
ttuin U. S.
ish the gross earnings from January 1 to, and including,
The

latest railroad earnings

the period mentioned

in the

second column.

Latest JEamings Reported.

New York
Jan. 1

to Latett Date.

Boadt.

Ala.Gt.Sontliern May..
« AtcU. T.& 8 Fc April

wk J'uc
id wk J'no
2d wk J'ue
May

Bnr.Coil.K.&No. ?d

Canad ian Pacific

Central Iowa ...
Central Pacllic.
Chesai). & Ohio May
EUz.Lex.&B.S. May
Chicago & Alton d wk
CUlc. Burl. & q. April
Chic. & East. Ill 2d wk

Chlc.&Gr.Tninlt
Chic. Mil. &St.P.
<fe

Nortliw.

1883.

%

%

S8..il4
78,359
l,30(j,000 1,278,154

1,832,451 1,824,1.30
27,712
34,855
Wk Mar. 8
60,057
59,603
3d wk J'ne 421,000 451,251
id wk J'ne
406.000 478,100
3d wk ,Tne 108,500 102.500
'Jd wk J'ne
28,983
30,392
50,407
1st wk J'ne
47,803
.T'ne

wk J'ne
'2d wk J'ne

Cln.Wash.&Balt. 2d
Clev.Akroiufecol

1884.

50.856
53,879
123,000 139.000
27,059
26,902
2,062.000 2,127,420
283.000 331.173
59.332
56.629
175,909
J'ue
175,823

Ch.St.P.Min.&0.
Chic. & W. Mich.
Cin.Ind.St.L.&C.
Cln. N. O, & X. P. May..

219,147
28,119
9,904

Clev.Col.C.ife Intl iVpril...

287,<'93

Denver Rio Gr. Aj)ril...
Dee Mo. & Ft. D. 2d wk J'ue

549.885
6,400
24,026
lu.lHg
275,159
60,641
11,714
41,181
18,388
64,400
307,007
6,558
31,813
19.356
179,800
28,900
44,195
200.821
128,804
69.933
15,603
37,125
23.562

<fe

Det.L;inB'K& No.

Dub.&SiouxClty

I'd
•2d

wk J'ne
wk J'no

Eaatem

May..
E.Temi.Va.&Ga. IstwkJ'uc
Evans V. &T. H. '2d wk J'ne

Hint & P.
Flor.R'wav & N.
Ft Worth k Den.
Marq

wk J'ue
2d wk J'ue

'Jd

May..

Orand Triink

Wk J'ne 14

Cte.BavW.itSt.P.

•Jd

wk J'ne

OuHCol.&SaiiFe IstwkJ'ue
HOUS.E.& W.Tex April
.*ni.Cent. (Ul.) 2d wk J'ne
Do (Iowa) d wk J'ne
Ind. Bloom.&W. 2d wk J 'ne
K.C. Ft.8.& Gulf .May..
Kan. C. Sp. & M May..
JKentucky Cent'l April.

XakeErieA

W..

X.Kk.&Ft.Smitli

IstwkMay

May

I,.Rlc.M.Riv.&T, May
3d wk J'ne
Ix>Dg Island
liOuisT.&Nashv. 3d wk J'ne
Mw.Hough.Jfc O. 2d wk J'ne
aCemph. & Charl 2d wk J'ne

Mexican

Ccnt.c. May.,

JM:ex.Nat.,NoD(/ 3d wk May
Southern Div. 3d wk Ma^'

Other lines e.. 3d wk Ma.i
Milwaukee & No 2 wkH June

wk J'ne
April
3d wk J'ne
3d wk J'ne

MU.L.8h.&W6st. 3d
Mton.ifeSt.LouiB
Uissoiiri Pac./"-.
Will).

9,750,000
7,491,000

.

7,0'i3,800
7,.<72,000

Meciiaulcs'

WeehorMo

Chic.

Manhattan Co
Merchants'

St.L.&P.

Hohile & Ohio
Maah. Ch.& 8t.L.
ir.O.& Northeast
N.Y. & New Edk
K.Y.L.Erie&W./

g0,98.i

249,060
31,704
29.532
265.600
12,153
10,188
3,789
20,9'20

21,290
15^,940
611,090
277,0(»0

208,208
35,903
9,757
304.122
596.531
5,602
29,026
23.909
283.345
60.435
12,603
48.239
15,63
37,700
367,472
8,453
32,818
24,884
204,220
43,625
52,414
145,09
56.934

1884.

1883.

$
439,795
408,434
5,049,424 4,792,990
1,173.532 1.171,777
2,035.703 2,032,661
616.488
533,279
8,687,000 9.415.899
1,449,447 1,473,014
266.591
260.605
3,700,008 3,641.8^8
7,557.712 7,457,415
630.818
716,84<i
521,636
483,173
9,796,000 10,026,691
10,067,167 10.129.794
2,522,300 2,211,227

20,815
19,215
135.868
559.000
269,000

4,392,600
10,0&i,600
2.296,000
6,872,200
2,813,900

.......

City
Triwlesmen's

...

Fulton
Chemical
Merchants' Exoh.
Gallatin National.,
Batcliors' & Drov..

Mechanics'

& Tr...

Greenwich
Leather Mannf'rs.
Seventh Ward
State of N. Y
Americ'u Excli'ge.

Commerce
Broadway

1,006,006
948,610
787,301

Paeltio

224 254

1,881,901

1,302,30B
2,066,408

144,056

124, 46,'^

610,1'29

667,074
457.211
1,337.029

383,256
1,307,112
1,604,512
295,04 8
1,116,277

1,.590,828

307,140

483,05
185,400
7,314,079
158,029
701,68

1,152,299
407.801
139,600
8,273,104
173.756
730,302

4,433.913
725,926
1,117.10S

4,601,559
850,421
1,281,824

966,570
425,294
239.810

751,812

192,405
130,830
1,055.753
6,261,402
266.701
600,369
1,129,0

133.212
318,009
162,708
231,255
.503,315

532,877

Chatham
Peoples'

North America
Hanover
Irving
Metropolitan

212.184
162,187
1,015.414
5,975.037
201.819
523,964
828,307

13,r.80,000

2,i)57,4oO

..

8,024.000
2,848.300
4,fl09,0oo

Citizens'

2,327,900

Nassau
Market

.

2,213, fi 00

Nicholas

2,030,800
I,9l0,2o0
2.373.000

St.

Shoe

&

Leatlier..

Com Exchange

...

4,«43,3l)0
4,19:i,400
1,742,8, K)

Importers'tfc Trad.

15,172.400
14,b70,0oo
1,427,300
1,598,000
1,089,300
13,147,^00
6,910,000

Continental
Oriental

Paik
Wall Street
North River
East River
Foartli National..
Central National..

Second National,.
Ninth National...
First National

Third National ...
N. y. Nat. Exoh..

N. Y. County

l,4SIO,0oO

4,944,100
13,702,300
4,477,700
1,417,400
1,H07,300
1,940,300

Cieraian- -Vmeric'n.

2,IS3,'200

Chase National...

2,S98.300
2,306,300
1,762,000
1,941,500
»,3 10,900
1,220,400
900,800
1,130,600

Avenue
German Kxch'nge.
Fifth

Germania
United States
Lincoln

GarSeld
Fifth National....

Total

206.310
446,223
496,026

2,M18,600
4,803,400
1,716,800
85S,000
902,800
3,031,700
1,123,700
4,107,100

...

Bowery
211,788

1,732,P>00
14,87,-<,800

18,716,500
6,464,000
6,691,600
2,411,800
4,0o3.l00
3,627,700
1,409,900

Mercantile

Republic

964,356
1.004,823
729,098
201,040
1,162,901

22.82'

42,892
27,639
83,703
230,570
23,861
20,784
158,200

Union
America
Phenix

1,200,000
1,438.000
1,043,400
1,301,000
1,004,200
803,400

277,000
3,572.000
339,300
430,100
5.637,400
283,300

671.000
303,300
105,000
101,000
300,800
176,200
563,200
532,000
2,447,200
1,021,300
1,147,300
23'J,H00

413,700
64 3,100

157,500
190.200
2,136,000
230,200
121,000
582,400
74,400
317,800
201.200
471,000
544,600
943,700
91,100
6,394,300
2,99y,100
40,300
23,000
102,400
1,903,000
004,000
53,000
477,100
2,110,700
711.000
153,600
310,600
238,800
417.300
813,200
550,600
113,000
125,900
402,600
180,000
55,600
115,100

993,000
039,000
893,800
002,000
238,500
604,200
154,200
5,30,000

212,800
120,300
728,300
328,900
434.400
103,200
113,0^0
173,900
244,100
108,200
401.700

9,013,000
7,331,000

460,000

0,030,i'00

35i',60d

6,306,000
3,910,200
7,052,200
1,717,000
8,084,600
1,001.000
1,559,900
17,503,800
2.234,200
8,031,300
1,612,400
800,000
957,300
2,2,>,<,200

"i^ibo
257,000
794",6()d

292.500
021,000
243,800
46,000
2,600
531,400

1,077,000
11,600
4,193.900
1,809,000 10,209,000
11,841,000 14,390.100
931,400
441,900
5,314,100
899,000
392,200
6,778,700
401,000
207,100
2,320,700
277,700
3,045,800
197,1X10
284,400
3,700,200
45,000
174,200
1,737,200
6,400
383,500
3,016,700
909,300
8,593,300
626"5()d
379.000
2,300,300
103,800
263,000
1,243,000 1.305,000
309,300
2,358,400
204,900
34.';,700
2,471,400
325,100
2,'248,300
427,000
184,800
1,698,700
233,000
2,560,000
450,000
330,000
3,705,300
40'2,300
4,936,300
62,100
300,000
1,772,200
1,205,000 19,267,500 1,324,900
l,78»i,400 17,289,700
45,000
167,200
1,133,300
220,000
1,700.000
133,100
862,200
224,600
1,125,700 12,01)0,300
360,000
l,30r<,000
7,243,000
297,000
705,000
1,941,000
46,000
3,990,10e
300,900
600,000
703,500 13,032.000
449,900
910,700
4.812,900
179,400
1,145,300
270,000
194,000
1,800,200
225,000
300,100
2,485,800
180,000
93,300
2,237,400
317,000
3,847,000
45,000
154.9,

..

350.000
128,?00
190.100
197,200
186,000
125.800

2,.'33,000

2,233,600
2.122,600
2.340,500
1,358,600
8'2

1,000
1,093,700

450,000
45,000
180,000
135,000

293,052,700 51,348,600 23,840.000 230,098.100 14,399,400

The following are

totals for several

Specie.

\L. Tenders.

weeks

Deposits.

past:
Oirculation Agg. Oleafgs

J'ne 7 302,603,300 40,187,000 25,984,700 283,323,200 14,372,200 620,943,098

" 14|293,S83.200 43,037,400 '23,577.000 231,111.600 14,341,100 526,881,220
146,126 141,9"
841,912
839,419
" 21 293,032, 700i51.348,6O0l2S,840,000 280,098,100 14,399,400 532.941,144
190.751
931,329
171,079
983,224
8,9liS
28,408
31.322
161,31
Boston Banks. Following are the totals of tlie Boston banks:
April
275,507 275,891 1.034.266 1,055,594
April
1,397,726 1,548,474 5.081,358 6.053.92S
Specie.
L, Tenders.
Deposit^.' Circu}ntion\Agg. Clear^gi
N. Y. Pa. & O April....
464,864 458,022 1,772,383 1,866.556 1834.
K.Y.SuSH.&West April....
8'.i,27.~
78,511
232,177
290,289
$
$
KoEfolk & West 23dy8j'ne 142,403 155,397 1,205,488 1,101,222 J'ne 9 133,641,700 6,723,300 4,443,700 83,803,500 2,3,274.400
01,468,928
Shenandoah
.:3dy8J'ue
40,073
51, .593
" 16 138,983,800 0,837,000 4,174,600 83,706,000 2:1,339,000 1)2,330,394
330,076
337,841
" 23 138,5311,300 9,713,000 3,909,500 30,370,100 23,332.7001 59,232,042
Korthom Ceutr'l May.
477,840 499.13.i 2.203.620 2.468.450
Kortheni Pacific 3il wk J'ne 254,920 181,300 5,632,133 3,233,145
IstwkJ'ue
Philadelphia Banks. The totals of the Philadelphia banks
Ohio Central
22,060
22,772
452,332
422,259
Olilo&Miss
3d wk May
87,873
85,253
are as foUows:
Oregon Imp. Co. March
291.978 298.378
781,303
753,830
Lawful Money. Deposits.* Circulation. Agg. Ctear^gt
Oregon R.&N.Co April.
399, '290 1,345.580 1,463,969
428,201
Pennsylvania... May...
4,267,173 4,303,00t> 19,427,075 20,195,703
$
$
Peoria Dec.*Ev. 2J wk J'ne
11,913
13,386
336,380
309,139 June 9..
76,548,881
18,900,721
67,004.697
8.443,700
56,237,758
Phila. & Erie
April...
279.923 311,636 1,027,590 1,234,108
"
16..
75,000,907
13,030,715
06,437,950
8,420,074
43,213,272
Phila. & Roftd'i April...
1,883,786 1,726,616 6,076,655 6,158,494
••
23..
18,237,842
74,373,014
65,120,091
3,439,721
49,996,041
Do Cent.N.J. .\pril...
971,887
3,165,304
• luciudtug the item " duo to other banks."
Do C. & Iron April
1,238,079 1,193,602 4,088,343 4.228,023
Bichm'd & Dan v. May
299,329 297,28- 1,.573,283 1,506,115
Unlisted Securities. Following are latest quotations for a
Ch. Col.& Aus. May
48,241
47,902
319,600
319,685 week past:
Colunibia&Gr. May
270,70"
30,637
37.308
335,090
Va. Midland. M.<y
137,362 137,765
601,27
605,381
Stcurities.
Securities.
Bid. Ask.
Bid. Aslt.
West. No. Car .May
32,124
27,523
161,306
123.103
Mich, it o., sub full paid.
,100
Boch. & Pitt«b'gj3d wk J'ne
25,764
12,950
489,116
193,560 Atlantic & Pac— 6s, 1st M
Blocks, 35 p. c
"st mort
63
Borne Wat.it Og. May
137.356 125,815
609.083
593,510
Bank Note Co
N. Y. M. Till. Tel.— Stock.
32
48
et.John8l).&I.,.0, March
19,457
18.147
50.163
49,487 Am.
.safe
iJep.
Am.
per. dob.btls
N. V. W. Sh. & B.— Stock.
103
ZHi
8t.I..Altou&T.H. 2d wk J'ne
24,Ool
22,928
631.530
641,606 Bo.st. U. it E.— Now stock
New Jersey Southern
Do (brchs.) "d wk J'ue
9,950
15,715
361,578 Best. lI.T.Jt West.— si'ck
353,571
Norfolk & West.— Deben..
88
8t. Louis & Cairo 2d wk Apr
5,606
6,811
71,349
94,302
Debentures
N.Y. Penu. it O.— 2d, Ulc
6
St.L. Ft, S.&W -d wk ,i'ne
B'klyn Elevated— Ass'lpO
7,850
3,131
201,961
80,01
3d moi-t
Ist mort..ass'L paid.
Atl. it (S. W., com
Bt.L& San Fran. id wk J'ue
76,432
61,215 2,02.3,1(J5 1,613,218
Pref
St. Paul & Dnlth ithwkMay
35,297
31,047
385.060
399,073 California Paeillc
20 m. Guar. by Cen. Pac.
North. Pac— Div. bonds.. 6Bi8 67
Bt.P.Miu.it Mau. May
613,655 727.4^)9 2,975.188 3,148,704
it .Can. So— si'ck
North Riv. Cons.— 100 u.c
6
South Carolina .May
74,660
75,089
521.564
570,012 Chicago
1st niort
Ohio Cent.— Riv. Div., 1st 10
.6o.Pac.Cal.ND. ^iareh
95,585
£3«,803 Chicago it Gra d Trimk.
79,769
247,977
1 ncoines
ih,
Do 6o. Div. h .March.... 249,257 414,431
827,127
991,095 Clu. Wash. 16 Halt.— SI' k.
0>^ Pensacola & Atl.— Stock.
17
"Do Arizona h March
142,562 24.5,923
460,732
587,706 Commercial Tel. Co.— .St'k
1st mort
30
35
60
Do N. jre.f /( .Maicli
54,162
79,63t
163,743
185,555
Prof
Pitt sliurg A Western
18
22
95
rex.& St. Loui.s ; 2d wli J'ne
Continental Cons 1. 1 mp. Co
10,844
1st mort
75
80
326,1 ~
5
Postal Telegraph—StockiH
Vnion Pacific... April
4V
2,128,965 2,363,277 7,188, =)54 8,345,113 Deuv.& Rio Graudo— Cons 30
ist looit., 08
5s
37 •'8 40
lOS
Iftah Ceutral. .. May.
85,260
97,671
388,434
494,650
People's Telephone
10 «
Vlcksli'rg&Mcr. May.
31,157
32,540
192,400
201,876 Den. R. G. iSt W., l8t M,,
Guar,
D. & K. O.l... 23 >a
Port Roval A Aug.- 1st m 75
Vtoksb.Sh &Pac. May.
5.685
2.658
49,083
31,582 Georgia by
Pac— 1st niort.,6s 83'(
IRutlaud Riiilroail.
2
4
West Jersey
April
312,164
93,185
76,023
276,748 I. 8, ^ W. Income bonus.
Pr-f
16
19
'Wisconsin Cent'l 2a wk J'ne
22,310
26,222
659,521
609,986 Keely Motor
6>3
Sel. R. & D.— 1st, stpd '82
Incomes
Si)rlugs — 1st M.
4
a Includes Southern Kansas lines in both years. 6 Includes Southern Lebanon
Mexieau National— Ist... 13
St. Joseph it Western
6"a
Kaus. it Neb., 2d mort.. 20
c Including both divisions.
Division.
d Corpus Christi to Saltillo, Mahoning Coal A RR
9
Miit.Un—.si'ck trust ctfs
Tex.os Piunllc— Oldscrp- 30
397 niiles; up to May embraced only 236 miles, Laredo to Saltillo Mexican
Bonds- 3 p. c...
New scrip,
30
Wonilluiuso
« Only 130 miles now, but prior to May reprc»snted 297 niilo.i.
Tex. St.L.,M.&A.div.,tts.p
Corlios
M. & A. Div.. 1st molt.. 10'
y Whole Southwestern sy-stera. g Not including earslngs of New York Mil.
P.uillc— Old stock...
60
U. 8. Electric l.iRht
Fenn. & Ohio road.
Cowdry ctfs
Vicks.slirove.it Pac— ini'
h Included in Central Paolte earnings above.
•
'.»'
Vie''«','iHelmes
....
4 ^mhraolng lines InUissouri, Arkansas and Texas.
.

May
Mav
May

—

—

.

.

—

,1

I

.

I

-

,1^

.

.

((aotatioas In Boston,

SKODRITIRS.

Ask.

Bid.

Cam.
117

A Mnino— 7»

BoHiuu

d^

AlbanT~7s

±
A

Lowell—7*

Us

6»

Boston
Bnrl.

109

84

6«
EftHi'rn, Mft»a.— 68, new..
Fort .Scott
itnlf-7s....
K. city Lkwi'.
So,— 68..
K. fttrst. Jo. c. B.—78
Little K. <fe Ft. H.— 78, let

&
A
* Mem.— 6s

K. City ^<ll•<l
Mexlonu Central— 78
Income
N. Y. & N. Kiigland—6a
78

N. Mexico

109
113
lis'

90
'ijii'

0>.

Pao.—78
Oertoiiab.* L.Ch.—Con.6a
Income
Olrt Colony—7a
68

Pueblo

A

lUl

10

110
20
OB'S

.Scott

;

20

...'lis

120
73'!,

78

Conv.,7», B.C., 1893..*
Conv. 78, cp.ofr, Jan.,'85
Phll.Wil.A Balt.-48,tr.ot
Pltt8.Cin. A St.L.— 78, reg

91

A B.—78.01).
A Potts.— 7a

78

6s,
58,

A

1923
1914

Erie— Ist,

78.

Sunb. Haz. A W.— l8t, 88
2d, 68, 1938
Syr.Oen.A Com.— 1st, 7s
union A Tltuav.- let, 7s
United N. J.— Cons.6s,'94

Louis
7's

9434

Cons. Us, gold, IBOl
Cons. 68, gold, 1908
Gen., 48, void, 1923.

116

Warren A F.— Ist, 78, '96
West Clieater—Cona. 78.

lis

W. Jeraey— Ist, 68, cp.,'96

A

Cona. 68, 1909

PhU..

Preferred

23

Catawissa
Ist preferred
2d i)referred

length, have been dispen-sed with. These changes have been
preparatory to laying the second track now in procflM of
»
•
»
construction."
"
branch road has been built from Wilton, Iowa, in •
northerly direction towards Tipton, the present terminnsMbiK
at extensive lime kilns, 5 L'-lOO miles from Wilton."

130

12

25
63

A Del.— Ist, 68,1886
77
Lehigh Nav.—6s,reg.,'84. 103 >9
Mort. RR., reg., 1897 ..
118

03<4 Sohoylk.

63
64

Little Scluiylklll

A Kch. Haven..
Nesqiiehoning Valley
Norfolk A Wost'n- Com
Pref eiTCHl

50 'i

Philadelphia

11

73
176

l8t prof

A Norrlstown
PhUa. Newtown A N.Y..
A

61
108 Hi

Phila. tier.

126

2d pref
Parkersburg Br

Central Ohio—Com
Pref
'

Western Maryland

—

60
80
60
50

14V

RAILROAD BONDS.
Atlanta A Ctaarl.— 1st...

ll-s

PhilH.
Rea«linK
Phila. A Trenton
Phila. Wilni.
Halt

A

104

CAN.\L STOCKS.

Balt.Abhlo-6s,,'88A.A0
Cen. Ohia.-68, l8t,>I.AS.

A Aug.- lat..
Oln. Wash. A Bait.— IsU.
2d

89

Schuylkill Nav.. pref...

10 •«

3ds
Sds

ColnmblaA GreonT.- Ists

KAILUOAD BONDS.
19

A

Belvld'e Del.— l8t,68.1002

130

1885
117

l8t, 68, 190t..
Conaol.. 08, 1913
Bnir. N.Y.A PhlL— l8t,68
2d, 78, 1908

Cons. Bs, 19'Jl

1923

6s, gold. 1900, J.
6a, Series
58, Series B

A

1074

Persliara.

08
66
28
93 S
61

61
27',
94

68
1U3
117

103>s

103

103

110
118<i

A J....

Virginia
88

A Tenn.— 6«

W.Md.— 88,

1st, g.,
J
2d, guar., J.

*

J.* J.

2d, |tiar.byW.Co.,J.*J.
guar., J.
J
_ . guar..
68,
... 3d,

A

Wllm.C.AAlg.—68.

A Wemoo—(Jold, 7s,

t In detaolt.

i

" There have been sold, by deeds or contracts of waiianty v
during the year, 12,351 49-100 acres of land, for the total aiun
of $123,794, realizing thua an average price of $0'fCi>4 per acre.
Quit-claim deeds have besides been made for 2IU aorea, tor
which $.3.50 were receive^]. The hills reoei'vabte now oo iMuid
and unpaid amount to $1,1'29,172, The coUactkwa of intWMl
•
•
on bills receivable for tho year were $89,628."
•
"Tliero have been remitted during the year, from tbeeolieotions of this office, to the Treasurer of tba oom])any in NewYork, a total sum of $470,000.
" The lands now remaining unsold amount to oolr afebok
22,6<J5 acres.
These are mostly in .\iidulKiti and OatkaBCanaties, and mostly consist of rather hilly land, better nHadttor
pasturage than tillage. As the surrouniling lands ara all lakaik
upand, generally, in cultivation, these will be in Roed dwnand
by local purchasers, aa soon as the efTe<>ts of the past yaai'*
unfavorable crops pass away. Should the coming hartcst
prove remunerative to (armare, nndoutrtadly the
tion will l>e disposed of during the current year."
The statistics of oneratitnis and financial coodlttoD
.
four vears, compiled, in the usoal form for theCBBOmcu^ ar»
as follows

103\

aoAO AVD

13-i>a

Union RR.-lBt,gna.JAJ
Canton endorsed

Wil.
t

'85, J.4J.

Plttab.ACon'olla.- 78J*J

3d, Us, 1887

1893.

2ds
No.Central-68,
68,1900, A.

AO

Allegh. Val.— 7 3-108, '96
78, K. ext., 1610

1908

IDS'*
109

Cbarl. Col.

40

Lehich Navifratlon
Pennsvlvania

Inc. 78. end., coup., *04
Plttsb.— l8t,6s
Ashtab.

•(

90

Inc..

Pittsb.Cin.A SSt. L.—Com
United N. J. Companies..
West Chester — Cons. pref.
"West Jersey
West Jersey A Atlantic.

Sx-dlvldead

BAI.TI.MURE.
Atlanta A Charlotte.
100 174
Baltimore A Ohio

Erie

LAND DEPARTME.VT.

90

Nav.— l8t,(
t,68,rg.

50\ RAILR'D STOCKS. Par

Northern Central
North Pennsylvania
Pennsylvania

78,

Greenw'd Tr., 78, reg
UoiTis— Boat Loan rg.,'85
Pennsylv.—6s, cp., 1910.
3d, 6s, reg., 1907....

Minohill

Oap-l8t,

A

1901

CANAL BONDS,

Cons., 78, reg., 1911

;

Preferred
nuntiiigd'n A Broad Top
Preferred
LehiKh Valley
Preferred

1st. 6a, rei[.,

110

dies.

Bolaware A Bound Brook
East Pennsylvania.
insy:
Elmira A VVil
Willlamsport.

A

ea, P. B., 1896
Gen., 7a, cotjp..

" The increase (nearly 10 per cent) in revenue from through
freight indicates that your compmy is maintaining its poaiUoa
with its competitors, and when abundant crops and pnxpetoi»
seasons return to the section of country traversed bv your line*
of road, a marked increase of revenue may be aafvy ptwUelad
at even the present low rates."
Gross earnings show an increa.ie of 2 83-100 per cent and
net earnings an increase of 3 10-100 per cent. Opeiating expenses increased 2 56-100 per cent, anil taxes 4 87-100 per oent.
The amount charged to construction and eqaipmentaoooaiifc
for the year was 1748,751.
" An important ciiango of line has been made near Fkiria^
Iowa, by the construction of about three miles of new read,
thereby reducing heavy grades and excessive curvatures, at

made

113

W,Jer8eyAAtl.— l8t,6s,C. 107
Western Ponn.—6b, conp

Preferred.
Camden A Atlantic.

decreased 4,815, i-^o, or a 34-100 per ct-ntrToihe
incwawto
and way iKiasengt-nt and tho dccreaiw in emifoaat
and through passenKera in attributnblo the alijcht inorewa
ia
rate per passenger per inilo, from a-.")tM c.-nta the prerlotM
rev
to 3-B72 cents the past year— tliere hiving been no increase
in
tariff rates during the year.
Paannger aamiiisa deccwAed
0-50 per cent during the year.
The increase in freiglit earnings was 1 61-100 per cent.
The movement of freight, as compared with the prerioiw
year, shows an increase of 4 73-100 per cent, while the
ratareceive<lper ton per mile has decreased from 1 I7-I<»e*it»
the previous year to 1 10-100 cents for the past year, or (tper

the same time dispensing with iiigh and long wooden trestle*
and substituting permanent structures of iron and stoaa.
"Work of a similar nature is also in progreaa between
Bureau and Pond Creek, III., and a short diatamoe eaat of thia
improvement the channel of Bureau Creek has been changed^
whereby two wooden trestle bridges, aggregating 470 feet in

lat,78, 1899..

uan

Buffalo N.Y.

•

C—78, 1896.

Cons., 78, reg., 1911
Cons., 78, coup., 1911 ..
Cons., 68, g., 1.R.C.1911
Imp., 08, g., coup., 1897
Gen., 6s, g., coup., 1908
Gen., 78, coup., 1908.
Income, 78, coup., 1896
Cons, 5s, 1st ser.,c„1922

Chlcagro Rock Inland k Parillr.
(For the pear ending March .11, |kh|.)
Mr. CaUe, (ho Prwident, atatM that of the I.hoo.OOO
ImimI*
reportetl as aMeta in the huit annual re«>rt.
»l.30<),<)00 har*
been soil at tho tnarkot rat«, anti the araiU inTwtwl
in atock
ami IioikIh <if I'^miicrtinK and other railroada tot tba
wiHaiilim
of the company's interLfit>i.
The main line and iirandi railroads operated Aoril I 18M
'
were 1,884 milee. of which 26:1 mile* we^Tmnd
number of passengers carried inomnd 8»,aM. or
1 PfnJ^***
cent. The moyement of nawwiiiJiMs one
1 0»-100 per
mil*

nrst-class

116

A

Sunbury

Preferred

Ist, Tr. B8.

N. V.

Income,
Income,

A Lynn ...

PHIL,ADBI.PHIA

Bell's

I'iS

Shen. Val.-l8t, 7s, 1909
Gen'IGs, 19'21

RAILROAD STOCKS, f
Allegheny Valley
Ashtabula A Pittsburg

6.S,

A

9't Pitts. Titus.
Shamokin V.

Preferred

2d.

03
133

»er.,c., 1933
Conv. AilJ. Scrip, '85-88
Debenture coup., 1893J
Scrip, 1882

Vermont A Mass
Worcester A Nashua

Bell's

136 >i

Cons. 58, 2d

Preferred
Xashua A Lowell
N. Y. A New Kngland ...
9
Northern of N. Hauipsh./ 114
Korwicli A Worcester...
136
Old Colony
Hi
Portland Saco A Portsm.
But land— Preferred

Wisconsin Central

103 Vi
119

. .

27
12

Manchester A Lawrence.
Marq. Hought'n A Outon.

St.

134
121 >t

7,1906
"""
Perlciomen— 1 at, 6s, cp. "87
Vox'
Pbll.AErio—2d.78,cp.,'88 lll<all3
Cons., 68, 1920
Cons., Ss, 1920
.:104

A

Preferred

A

116

60

Phila. Newt.
N.Y.— 1st
R.-lst, 68,1910..
Phil.
2d, 78, coup., •.898

No., pref.

Kastern, Maan

Tol. Clnn.

ANNUAL REPORTS.

Cons., 68, coup., 1905. .
6s, reg., 1919....

Cons,
Pa.

34

Fltchbnrg
Flint A Pere Marqaette.

Bevcro Beach

o;i*J^raoharg» to all rtgnlar ml>$orib*r* ^theOmunoui
Baitra oopUa are lold to nuhtfrrihert of the
CnoavMui «t M»
emu each, and to othert than iubwribtn
at $1 p»r oayy.

Gs, rev.

Pennsylv.— Gen., 6a, r»g.
Gen, 6s, op., 1910
Cons,68, reg., 1005....

1S9

Louisiana A Mo. BlTOr..
Preferred
Maine Central

N. O. Pao.- l8l,6s, 1920.
No. Penn lat,68,op.,'85

OIICityAChlc— lat,6a.
Oil Creek— 1st, 6a, ooap..

16S

A aulf
Preferred
Iowa Falls A Slonx City.
Kan. C. Springf. A Mom.
Little Kock A Ft. Smith.

137

Ss, 1883.

9S

Concord

Fort

Junction- Ist,
3d, 68,1900

60 >9
162

Connecticut River
Conn. A Piissiimpdlc
Conuolton Vallov

A

130

1»»
(Kast Penn.-Ist, 78, 1888
KaatonAAmb'y— As, 1030
li:lAWm8p't.r8t,68, 1910 115
8s, perpetual
100
Hanisb'g- Ist.Hs, 1H83
H.AB.T.— 1st, 7h, K., 1890
Cons. Ss, 1895
IthaeaAAth.-lst, iild.,7s

Debenture

30

X)et. I..iusinK

.

Norfolk A Weat.— aen..es
N. H. DIv., Ist, 6a.l933

let

Cheshire, preferred
fliic. A Wc9t Michigan..
Clun. Sanduaky A Cleve.

.

Oen.,7a, 1903

STOCKS.

Atchison A Topeka
BoMtim & Albany
Boston A I.rf>well.
Boston & Maine
Boston A ProvMence

coup.
7s, leoi

2d, 7 8, cp. 1896....

Ark. Val.—78..

Ruiland— 68,
Bonora— 78

A

Connsot'ir 6«, rp„ lij()0.04
Cor.Cowu* Ant.,deb.6B,
Delaware ~6a, rp».* op., V.
.Del A Bound Ilr— lBt,7»

3d, 7a, reg., 1910..
Cons. 68, C.A R., 1923..

110

Ho.

WwUUd Debt iifaUiU, and CiUu and o/M« MmaTmSjSwSI
otRcMroad, and othrr OompanUM. It UmSuSiidtmthm

30 Ki Irftli.V.-lst,6s,C,AR.,'98

20 ^

07

A

rcK.

Charfi^ V.-^st,
113
110

Nebraska. An
Conn. A PiM8iiinpiilo— 79.
Connotton Valley—6s

A

1904

A

New 7b,

Oh. Exempt
Nebrafika, Uit.Non.«x'pt
-

RAILROAD INTBLLIOBIiOl
108

Cons., 6 p.
Hurl. Co.-e«.'97.
Cat«wlaw— Ist, 7s, coo. o.
Chat. M., lOs, 1888

Cam.

NobmHkn.

o.,'h9
18MII
lat,7s,(.,'S3

lis.

8il,U8,

11

ProTlileaoo— 7a
Mo.^Lrt. «'.,7«.

<t

luucsttucius

AU

Bid.

Aml»>r -6«,

Cam. AAtl.

...

Illl-ntlio

Bo.Htuu

A

Mori.,

,

AtlHIltlo i& I'uclUo—6i

Bnntou

BKOCRITIBB.
Bnir.Pllta.A W.-(len. Aa

ToiMtkH— Itt, 7s.

Krniit. 1a

761

PhiUdelphia and Baltimore.

BOSTON.
«t

I*aiii1

1

.

THE CHRONICLE.

JCNS 28 IWM.)

At€h.

:

..

iijo"

103 >i 103
130 138
109 <a
116

VIlcs

owned

A opor.

AUulUer cats

138^128
IU6
116

Ex-rlght4.

|1V8

OptraUon*-

aqoiraairr.
lS81-«4.
1.381

188»«S.

l«l»««.

1381

L98«
31»

S09

290
ia«

21HI

1X7

aoi

n»

ej>7l>

1A09

7.4)i»

7.744

•77
650
068
orBBATioxs AXD ri.cii tiiLsrtTi.
168340.
1880-Sl.

vr*

r..oooniotlvoa
rasa., mall >^ ezp.cars

PrelKlttoars

1880-81.
I,3d3

I

Passenger mllcase... 93,768,306 U3,aftUa2

« 1»M6* IW
,

ie

i»H»

—

THE CHRONICLE.

762

l'J82-8,'i.
1883-84.
1831-82.
2-S05 ot'!.
2-504 ctn.
2-.'i72 cts.
3018,141
3,376,259
3.754,531
3.454,8S7
FreiKht(ton8) moved*
Do (tons) milcagc,*712,383,129 756,051,0^1 077,731,319 731, 601,^80
1'28 cts.
110 cts.
1-22 ct.s.
117 cts.
Av. rate p. ton p. mile

1880-81.

Eatererpass.

p.

mile

2-Gt5fi cts.

Earnings—

$

$

$

$

2,500,135
8,690,480
766,292

2,853,331
9,687,097
726,215

3,333,f69
7,928,236
928,598

8,056.316
1,165,750

Total gross oam'gs. 11,956,907
Operating expenses—
$
Maint. ofw.ay. &c....
1,685,749
9J7.732
Maint. of equipment.
Transport'nexp'ses..
3,387,041

13,266,643

12,1?9,903

12,535,514

1,915,390
1,037,691
3,741.706

1,663,661
1,066.568
3.679.918

1,076,173

288,877
330,757

332,796
295,216

356 690
342,950

372.278
333,043

6,630,156
5,326,751

7,322,862
5,943,781
55-20

7,109,817
5,080,086
58-33

7.293,002
5,237.'. 12
58-22

PasBCDger
Freight
Mail.expre88,r'nts,(feo

Taxes
Miscellaneous

t

Total

Net earnings

$

5545

P.c of op. ex. to earn.

3.31.^.448

1

612,.551

3.8r)3.957

Company's freight not includeil.
Includes lost and damaged goods. Ac; injuries to persons; cattle
killed, Ac; repairs of telegrapli contingent acc't legal expenses, &o.
INCOME ACCOUNT.
I

;

;

1880-81.

Reeeipls—

1881-82.

1882-83.

$

$

5,080,086

5,237,512

9

Net earnings
Miscellaneous
From land departm't

5,326,751
37,277

5,943,781
13,208

1883-8J.

490,000

650,000

560,000

470,000

Total income
Disbursenienis—
EeutiiU p.aid
Interest on debt

5,854,028

6,606,939

5,640.086

5,707,512

304,363

Dividends

2,727,387

301,121
1.002,350
2,937,196

$

$

322,137
949,700

2,285,000

327,593
950,000
2,937,186
7
125,327
2,215,000

6,284,224
Total (Usbursements.
Balance, surplus .... def. 430,196

6,555,106
51,833

Ratepercent

7>4

Miscellaneous

Add.andimp.

aec't..

9.50,000

2,937.185

7

7

147.595
1,300,000

177,784
1,200,000

5,639,143

5 618,441
89,071

943
GENERAL BALANCE AT CLOSE OF EACH FISCAL YEAR.
1881-82.

1880-81.

Assets-

Btks.&bUs.owuUeost
Materials, fuel, &0...

Miscellaneous itemst.

4,786.504
219.233
757,996

Total assets
61,990,953
Liabilities—
$
common
41,960,000
Stock,
Bds (SeeSci'i'LEM'T). 17.500.000

Miscellaneous
Addit'u & imp. acc't.
Profit, bal. inc. acc't.

1882-83.

1883-84.

$

$

$

ER.,l)UIgs ,c(|Uip.,&o. 56,227,120

*

57,630,377
5,042,498
212.498
1.373,625

58.470,193
5,30S,211
275,739
1,498,028

59,225,949
*4,063,68O
282,267
3,274,440

64,253,998

65,561,176

66,851,336

$

$

$

41,960,010 41,96J,000 41,960,000
17,5(0,000 17,500,003 ;17,500,000
7.6.52
10,149
11,238
8,013
4,500,000
5 800,000
7,000 000
2,235,000
291,027
330,098
238,201
200,085

Total llabiUtles... 61,990,853

64,258,988

65,.561,176

66.651,330

600,000 company's 6 per cent bonds.
Loans and cash in New York due from Post Olflce Det
partment cash, cash items and balances due from other roads, in hands
of Treasurer at Chicago.
J Includes $5,000,000 Chicago & Southwesteru bonds guarnnteei.
*

Includes
Includes

if

;

;

;

Denver & Rio Grande Western.
(For the year ending December 31, 1883.)
This

company owns a

interesting position as a
of western country. It

railroad

key to

which

traffic in

is located in a most
an important section

is at present leased for thirty years to
the Denver & Rio Grande Railway Company, and forms the
connecting line for that road from tlie Colorado border to
Ogden, the point of junction of the Central Pacific, Union
Pacific and Utali Northern roads. Tliere are at least four great
companies, any one of whicli might like to own or control the
Denver & Rio Grande Western. There is, first, the Denver &
Rio Grande, whicli is a narrow gauge road, and the parent company for wliich tlie D. & R. G. W. was built, and to which it is
now leased for thirty years at a rent.il of -10 per cent of the gross
earnings. But the lease is under litigation, and the lessee
seeks to have it annulled. Secondly, the Union Pacific might
well like to control tliis road and thus resume its former position as arbiter of rates west of Denver.
Next is the Central
Pacific, which might find the D. & R. G. W. Road a convenient through connection to the East via Denver.
Then comes
the Chicago Burlington & Quincy, which could by a sliort
western extension from Denver connect at the Colorado line
with the D.
R. G. W., and tlius form a line from Chicago to
Ogden, and compete more sharply tlian ever with Union
Pacific.
Therefore, if the present Denver
Rio Grande Westem lease should be annulled, it hardly seems probable that the
long
in
road would
remain "out
the cold" as a property not

&

&

wanted by any one.
The report of Mr.

W^. J. Palmer, the President, is for the
year 1883, but his remarks are dated as late as May, 188i. Mr.
Palmer naturally gives his own views of the controversy between this company and its lessee the Denver & Rio Grande.
The Denver & Rio Grande Western Railway, under the
lease to the Denver & Rio Grande Railway Company, turned
over 368 miles of road, as follows
AUGUST 1, 18S2.
Miles.
Salt Lake City to Coal Mine, located in Pleasr nt Valley
1 05 70
Bingbam Junction to Bingham
16-30
Bingham Junction to Alta
18 20
:

Clear Creek Station to P. Y. Junction

14-i0

154-60

APRIL

8,

1883.

P. T. Junction to Colorado line

MAY
Bait

Lake City

to

Total miles

Ogden

175 91
21, 1883.

37-46

368-00

[Vol.

XXXVm.

Mr. Palmer remarks "The lease of this road to the Denver
Rio Grande Railway Company took etfect August 1st, 1883,
wlien l^a miles were turned over. By the 1st of June, 1883,
the whole line, from the Colorado border westward to Ogden,
amounting with branches to 368 miles, began operation. The
average distance vrorked during the 17 months from the beginning of tlie lease, August 1st, 1883, to December 31st, 1883, was
363 miles. Tlie gross earnings (after deducting those from
construction material) were $96.5,399, equivalent to $3,591 per
mile per year, of which 40 per cent rental amounted to an average of $1,036 per mile per year. The interest per mile, which
eventually is to average 6 per cent upon $16,000 per mile of
bonds, to-wit, $960 yearly per mile, is temporarily (by reason
of uncompleted line) up to $1,13.5 per mile.
"The above result includes 10 montlis which elapsed before
the completion of the tlirough line. Since reaching a connection with the Central Pacific Railway at Ogden about June 1st,
1883, the gross earnings have been $633,333, or at the rate of
$3,899 per mile per annum. Tlie rental during the same
period, $348,933, or at the rate of $1,160 per mile per annum.
The rental earned was therefore at the rate of (per year)
.•f!l26,710
:

&

Total interest per
Total interest per

annum on guaranteed boU')S
auuum on all bonds issued

407.880
411,000

"Althougli the rental earned slightly exceeds the interest,
the results for tliese first 7 months are not so important of
themselves as from the indication they afi'ord of the earning
capacity of this line under normal circumstances. The hue
being new, the business of couree had to be entirely organized
and developed." * » *
"In the lease between the two companies, provision was
made for vesting the actual management of the leased property in a manager to be selected and appoiitted by the Trustees of tlie Western Railway bonds, unless tlie lessor and
lessee should, within a re.isonable time, agree upon a person
mutually satisfactory. They did, however, so agree at th€
beginning, and appointed Col. D. C. Dodge, of Denver, one of
the ablest and most liighly respected railroad managers in the
Western country, with twelve years railroad experience in the
Rocky Mountains." * * *
" In violation of this condition of the lease, the new President
of tlie Denver & Rio Grande Railway Company, on tlie 3d day
of March, this year, issued his order undertaking to appoint
Mr. Ricker General Superintendent," * * * "and the executive of the Denver & Rio Grande Railway company undertook to force his Superintendent on the Western Railway until
enjoined by tlie Utali courts from interfering with the author"The lessee now
ity of Col. Dodge under the lease." * * »
asks in the pending legal proceedings that the lease be declared
»
"
*
«
The President of
void and not binding upon it."
the Denver & Rio Grande liailway Co. claims, in his recent annual report, to have expended towards finishing the Western
road, in accordance with the contract,' to Dec. 31st. 1883, the
sum of $656,370." " * * " The report of General -Manager
Dodge, accompanying that of the referees appointed by the lessor
and lessee companies, will show in detail the condition of the
road when and as turned over to tlie Denver & Rio Grande
Company under tlie lease, and the amount required to be expended to put it in good order and condition. This amount
was found to be $173,088, wliicli has been cliarged by the
Western Railway Company to the Construction Company, and
credited by the Western Railway Company to the Denver
Undoubtedly a certain
Rio Grande Railway Company.
amount lias been expended by the lessee since possession, in
making improvements and betterments, as it was bound to do,
and as this company is obligated to p.ay for to tlie extent and
value agreed upon between the parties from lime to time
sucli payment to be in bonds or stock or such other securities
and evidences of interest as may be coiisi.sti!nt with tlio legal
powers of the lessor, and as will be found most available to reimburse the le.ssee for such outlay. But this company lias no
way of ascert.Tining concerning such improvements, because
of the failure of the Denver & Rio Grande Railway Company
to set going tlie office of the joint comptroller, provided for
by tlie lease, and mutually agreed upon since, to be Mr. Wm.
M. Spackman." * * *
"A word as to the future: The Denver «S: Rio Grande Westem Railway Company is without floating debt. Its outstanding bonded indebtedness amounts, temporarily, to $18,750 jier
mile, at 6 per cent, wliich will be reduced to $16,000 per mile
when certain lines, upon whicli a large amount of work lias been
done, are completed and track laid upon the same.
"Its line is part of the most central of the great trunk lines
or routes across the continent. It connects Colorado and Utah,
the two most central and promising mining States of the West
—one yielding $33,000,000 and the other $8,000,000 of buUion
per annum.
"For more than one-lialf of its length it lies within coniparatively easy reach of coal, the best of which, the 'Pleasant "Valley
deposit,' is a ten-feet seam of excellent coal, without a particle
of slate, from which, during the past winter, 8.000 to 10,000
tons of coal per month were mined and shipped. From these
mines westward to the Pacific Ocean, in California, no coal
glance at the map
worthy of the name has yet been found.
will show the importance, and significance of the line. That its
earning power should be gauged solely by the result of the first
seven months is of course illogical; but even in the face of this
disadvantage the earnings would unquestionably have yielded
a satisfactory surplus over the interest, had it not been for
the washouts and the railroad war, which together reduced the
earnings at least one-third." * * *
"As regards the le.ise, while it would be simply suicidal for
the Denver & Rio Grande Railway Company to bring about a
'

&

'

'

A

—

:

Junk

38, 1884.

:

.

.

THE CH RON

J

soverfttioe of tlio tic wlilch liiw hound thoso llii.
R8 long ns tlio miuiiiKoiiuMit of tlint ooiniiaiiy |<r
results tlian it liiia for tli.' |);i«t six inontlis on itH own r..a.l.
1
not know thnt tlio W<>sti'rn Hailwnv woulil K'un nrivtIilnV
the eontinuamv of it, anil os;
if tlii> form
sist in violations of tin- lo;is
fuji to

"

,

:

,

CLE.

I

7 Hi)

do tuH
du
hr

in

:

iMiiount to tli«

t«rf>

'>'!•

I,

•

|

|

The attitude of

or both.

not

vour
niiittor will liavo to l)o governed liy future ilincioii
ments, and especially by the result as roKardn payment or nonpayment of the interest on bonds of tlio Wostern Comnonir
"l^uiy,
til

gard to this

due September
STATKMENT

OI'

Ist."

•

»

»

EA11NIX08 (ON HO? MII.KB) IIV MOXTim,
OECKMUKK il, 18S3.
Orott Karning$. Eichuting Comtniclion.

{"?«
•!»'>•
AiiKiiHt
•

:

OcUibcr

,

November
December
Totals

Interest per

annnm on

all

I

TO

Rental, 40 u. r.
of Karnini/a

S'Jfl.MS

f.U.riO.I

03.An7

37 48B
34 341
86.183
41 "i-'J
3>( U.^

07,580

.n.iyjr.

*622,38a
$83,001

»ai8,93a

por month
Kross eftriitnt'a por iiiiniim on iiliove averajjo
icntal per uiiimui ou ubovo avemne
iiitercxt per annum on i;iiarniiloi'.il bonds

Arci-ttK' H

Total
Total
Total
Total

JirHR

85.8ft3
90,4-,0
lOa.ViOB
i).%3e3

.

BeptoiiiUer

FROM

93&,r>9l
$l,(m'i,H51

420,711
,.'.'

Imniln l»«uoil

40B,'uoo

414,000

OENKHA.L BALA.NCK SUKKT UECEMBKK 31, 1883.
AttttS.

Construollon and eiiuipmout (S68 mllra)
Cost of onnstrnc.tion— UiiUnlslied Hues
Denver A Klo Orando. Amount received

811,A84,00.'>

2.744 4'i3

from Western

Union Tel. Co., .to
Denver & KtoOrande Railway Co.— Rental aocount.i !..'.'.
Denver <t Rio Urando K'y Co.— Aouount organization fund.

37,330

u-

elfect.
oarninK>^.
have Ihh'u fuUy kept up, and tht. wli..
In bottt'r gcnitnU condition tlmn at
I

careful conHidorntion of allil.
Ixxm dc<>iniM| cxfxNliont in tli
reduce tlio dividendH to a bmni

••!

"K.
Lontr
an'l

New

'-

T

I

:•

••

W.
Tho Comj)

-t,

Vol..

„.

^,,

Reeeiplt-

Oross eurnlngs
Operulitig expenaea.

Wet earnings
Inooinn frum other aonriMMi..
Total net r<.relpts
Detttuiitint ~
Inteiext on funded debt
Taxes of all kinds
Rentals
Misoelluneoos

386,11!)

Total deduotlona.

11,024

d«t.$S«.O70

Manhattan Elerated.—The moetingM of th« atookboldan of
New York & Manhattan Klpvntrd Hnilroad rainpuiiaii

Liabilities,

Capital stock

mortgage bonds
Busponso aoooiuits
First

$17,693
:H',400
7,500,000
6.900,000
4.409

..,..

Total

$14,763,302

tho

liave been further adjourned
that the a^eenient tor the
will be ratified by the Btockh.>iiii-i»
pany.

the

dispatch from r^ondon says
that the Alabama Great Southern Railway stockholders have
vote<l that the capital of the company be increased by the sum
of £200,000, divided into 20,000 preference shares, called "A"
shares, to be entitled to a preferential dividend of 6 per cent
per annum in the same manner as the 60,000 preference shares
already authorized.

1383.

Oross earnings
$6,740,000
Oper. expenses and taxes. 4,591,000

Net earnincs
$2,149,000
Deduct Int. anilrentals... 1,210,000

Dividend 2
Southern

pany.

Flint & Pere Marfjuette.— The following statement for the
four months ending April 'iO is published

Net earnings
Interest charges

Snrplus

1883.

$326,016
-551.774

It is well
tratlic of tl'

$276,653
1 1 l,9i' 8

$274,242
107,020

months. >\a

$164,725

$16',222

•*

First Imir 1882
Second half 1882

$7,9.52.000

10,273.000

To Sloek.
$1,0:6.000
J.OOl.OOO

1883
Second half 1883

$1,219,0()0

$1,747,000

!>,'294,0()0

2,2ti«,0OO

$18,225.0nO
18,313,000
BARDlirOS FIK8T H.W.F-rKAR.
Jan, 1 10 Jxmt 30.

$1.140,(XX)

1884.

Dec.

«d80,705
50,597

$3,490,205
1.749,403

$'.;,*<15,'i00

1,800.0^0

Inc.

$1,746,802 $1,015,500 Deo.
Balance for stock
Dividends 4 per cent in 1883
^
,,_ _
$1,978,600 $1,731,327 Deo.
and3>sinl884
Defloionry
Decrease in eai-nlngs

do
do

in
In

expenses
net earnings

Inc.

$107,030 Dec. $$33,000
$71,333

Deo.

$ftS4,6«7

35.667

Oeo.

377J3S

$107,000

Dm. $IUS,000

...

Dm. $369,144

300,000

known

to the

-*t'K'k!i>i!i!(V:*

Deo.

300.000

Deo.

$M3.14«

li7.C00
in

'

7

1

statement
I

hat the railroad
past stz

dnnar tha

4 ireaeral »<e«t. aad

1

jiti>iiii;«f

which was
••

bntofy

!iut wuli
ilvauiagcM
found ('U'«~i
s.-uno po.NUivt: extent as earnings feU oH. Tlic
nut Justify the declaration of a dividend."
.

arrnn

<)t

!n:i llliu pt>jd4.ccd dues

—

Missouri Kansas & Texas. This con ipany, which is pabno regular reports of earuingis, gi ves out the foUowinf

lishing
for the

month

of

May:
Dee.

Orcss earnings
Exiieoses

Net earnings

lav.

.

$23.7W
48.041

1

$04,781

Missonrl Pacillc— ThLi company puhlishca the foUowing
for the five months eud^ with Mar:
ISM.
Orosa earnings
Expenses

Difference.
$l.'*'i'<.271

interest, rontiUs, Ac...

1.280.000

ami

4,O13.OC0

t9,2l9, 71 $7 330,900 Deo.
Gross ei.rnlngi
4.515.100 Dee.
Operating e.vi>ense8ond taxes. 5,7J2,96fi

Neteamings

374,900

$702,000
70,000

Canada

ellici'

—

I88S.

Dec.

00 Deo.

tollj.

OroM.

.

IMc $1,136,500

4,21h,.V'0

$1,387.'

there w.T'Hhori
to till

quarterly dividend
per cent instead of the usual 2 per cent was declared on
this stock.
The following is the statement wliicli was presented at the meeting of the flirectors, June, 1834, being partly
estimated
EARNtNOS BY UALF-YBARS ASD TBARS t» 1882 ASD 1883.

Totall883

p.c. to

Mg'tmu*.

1684.
$9,603,500

$862,146
Snrnlus
$76,354
The following remarks were ap]>

1^

Total 1882

•

Total dividends

Lake Shore & Michiarau Southern.— A

First half

iiiviroiNniuui Ooia-

1883
HIcniGAK CIITTRAL AKD CANADA (OlrrBBUf.
January I to June 30.

Chicago & Northwestern.— At the special meeting yesterBalance for stork
$939,000
day to vote on tlie proposition to issue )J14, 000,000 stock to pay Two thirds of balance to
Michigan
Central
for the Blair system, the vote was unanimous in favor of the
$626,000
plan. The company announces to the Stock Exchange that it One-third of balance to
CanadaSoutbem
313,000
will issue $U,757,.500 of its common stock at any time after 30
Total balance
days from date. This stock will be delivered aa required in
$939,030
payment for the above railroads and the rental and charges Dividend 3 p. o. to Mich.
$562,146
now paid these linea will cease to be a charge against the com- Central

18^4.

km^

>

m me

same period of

Alabama Great Sontliern.— A

$812,799
536,146

xpeotad

I'

MIchlsran Central—Canada Sonthern.—The quart«rly dlrldends were ))a.<<scd on the stocks of theoe compani«a, aiid the
following statement for the first half of 1884 is oomiMrad with

GENERAL INVESTMENT NEWS.

Earnings
Expenses

$i«a,«M

.

$14,763,502

Rio Qrande Western Construction Co.— In account current.
Inteieat on bonds

Deduct

I

in(-<

Balance

Total

of

imt

D.

'^iiS/iSH
3,6w7,»ib

1,'J07,566

*f.7»W$«
Neteamings
There was an inomvse in net earnings erf 9SM,7n^ of which
$327,127 W.18 on the Misouri Paciflo and #4I,M9 oa Um
Mountain.

Im

$731,302

Xrxican Central.-Thia company i«aca to boadboUsfa. ta
for their three cnopons funded, its coupon aolM

$247,233

$184,039
$715,827 Inc.
$1,888,271 eyuals 20-18 per cent.
do
do 2107
1,207.566
do
do 19-48
680.70.5

exchange

$231,958

" It will be seen from the foregoing statement that the earnings applicable to stock during the first half of the years 1883,

|

dated Julv I, l.'*84, navnblc in fire years or earlier at the aoiB>
.ntltkd to the beneflt o<a«
pany's option, which iiol.
indenture of even date.
y the compaar and a tn»tee, setting aside as further »e<-urity an amount ol anliiidy r^
ceived from the Mexican Oovemment equal to the awa Of tha
face value of tb^ notes and coupons attarhnl to them.
.

—

THE CHRONICLE.

764
New York & New
special

England.

—At

Boston, June 24, at a

meeting of the stockholders of the

New York & New

[7oL.

xxxvm.

the condition that the latter company shall assume all construction accounts and debts and pay $446,000 in cash for the release
of a part of the bonds whicli has been pledged by the Oregon
Trans-Contiiiental Company. The construction debts are estimated at about $300,000, so that the company has sold tlie
$2,200,000 Oregon & California seconds at about 35. The companies part company on the completion of the agreement.

England Railroad Company, the legislative acts of Connec&
ticut, Massachusetts and Rhode Island authorizing the company to make certain application of the proceeds coming
from the sale of its second mortgage bonds, &c., were adopted
by a vita voce vote. "When the proposed issue of preferred
stock came up, Mr. R. C. Martin of New York deprecated as
Oregonian Railway. In the Dundee (Scotland) Advertiser
unwise any scheme that would take the road out of the receiv- of May 26 appeared an open letter to the Hon. Jajnes
Russell
er's hands at the present time, thinking the company had better
Lowell, the American Minister at London, signed "An InhabiHe did not believe preferred stock tant
let well enough alone.
of Dundee," complaining that, by the repudiation of the
should be issued at present, or that any other plan looking to lease of the Oregonian Railway by
the Oregon Railway & Nava change of the present management should be decided upon. igation Company, many people of Dundee had been deprived
It was decided to appoint a commiitee to consider all matters
of the greater part of their incomes, and had been led to form
in the call except the one acted upon above, the committee to a very low estimate of the honor of American
railway managreport to the adjourned meeting to be held October 7. The ers. The facts of the case appear
to be that the Oregonian
committee consists of Col. Jonas H. French, A. J. Leith, Col. Railway is a narrow-gauge road in the Willamette
Valley,
T. L. Higginson, R. C. Martin and G. M. Rice.
south of Portland, having no important termini, Portland
N. T. Stock Exchange. The Governors of the Stock Ex- being some 30 miles distant. Parallel with botli its branches
change have admitted to dealings at the Board the following is another railroad of standard gauge, the Oregon & California, wliich extends from Portland to near the California line.
securities:
Mr. Villard was President of the Oregon & Caiiforuia and he
Minneapnlis Union Railway Cnmpanj' — \n additional fp6.'50,OnO of first
was also President of the Oregon Railway & Navigation Commortgaj-'O G per cent bonds due July 1, 1922, makiug tUe total amount
listed up to $2,150,1)00.
pany, and to this company the Oregonian was leased in 1881
Clucafio Milwaukee & 8t. Paul Bailw.Ty Corapany— An additional at the high rental of $200,000 per annum.
The lease was very
$800,000 of Cliii-aKo Pacific & Western first niortgaite 5 per cent bonds
onerous, and the lessee now seeks to have it set aside on the
due January 1, 1921, making the total issue up to iJl8,.'i4o,000.
Oregon ik Caiiforuia Railroad Company— An additional .f (100,000 first ground chiefly that the lessor company had no right under
mortgage 6 per cent bonus duo July 1, 1921, making the total issue the laws of Oregon to make the lease. The Oregonian Rail$9,000,010.
way proprietors feel that this is a great hardsliip, but if they
Clevelaiid Columbus rincinnati & Indianapolis Railway Company
An additional $1,00" ,000 of general eonsoiidated 6 percent bonds, duo have a good case at law they should press it to the utmost, and
January 1. 19y4, makiug totalissue $2,500,000.
they may rely upon getting a fair decision from tlie U. S.
Mobile
Ohio Railroad Company— Tirst mortgage extension 6 per courts; if their lease is void at law they should hold their own
cent bonds due July 1. 1527. $1,000,000.
Milwaukee & Northern Railroad Company— "First 6a of 1884" bonds directors responsible for making such an agreement.
due January 1, 1913. $1,598,000.
Pennsylvania Kailroad. The gross and net earnings for
and for five months are specially compiled for the
New Toi-k West Shore & Lnffalo.— Judge Nixon, of the May
U. S. Circuit Court in New Jersey has issued an order that the Chronicle in the tables below. The result of the operation
the lines east of Pittsburg and Erie for the month of
receivers be authorized to issue and sell, from time to time, of all
May was an increase of $30,820 in net earnings and for the
at a price not less than par, certificates not exceeding in
of .$310,468 this year, compared with
the aggregate $.500,000, made according to the blanks fur- five months a decrease
nished by the Court that they immediately issue and sell the same period in 1883. On the lines west of Pittsburg there
such certificates in such amounts, not exceeding in the aggre- was a decrease in net profits of $13,179 for May and a defor the five months, as compared with 1883:
gate $£iOO,000, as may seem to them advisable that they are crease of $714,853
LINES EAST OP PITT3BUKO AND BRIE.
authorized to use the proceeds, in their discretion, to pay their
Oroiis Earnings.
!fel EarningK.
necessary and current expenses, and sums now due to the
1884.
1883.
1884.
1883.
companies now operating the connecting lines of railroad for January
$3,571,233
$3,929,357
$1,166,131!
$1,471,053
freight and passenger business, and moneys due for right of February....
3,426.733
1.124,579
3,712.215
1.336,694
4,002.627
4,189,380
1,404,551
1, 155.427
•way, depot and grounds, moneys due or to become due upon Marcli
l,6v)4.456
4.156.309
4,061,750
1,467.831
the rolling stock and equipment of said railroad necessary to April
i,30i,0QG
4,267,173
1.039,494
2.468,430
.May
retain its possession, all moneys due by the road for labor
Total 5 mos.. $19,427,075 $20,195,708
$7,029,210
$7,339,684
and services rendered since March 1, 1884, and money due for
supplies purchaseil and, finally, all taxes lawfully imposetl
As to the lines west of Pittsburg and Erie, the monthly
and other proper expenses. The receivers, however, are not reports issued in 1883 and for the current year show the results
to pay out for right of way or depot or grounds any sum ex- below.
Tiie compxny's returns, however, state a loss since
ceeding in the aggregate $300,000, nor any sum for rolling Januarv 1 in the present year, compared with the same period
or
other
1883,"
stock
equipment exceeciing $400,000, urdeae specially in
of $755,526.
ordered by tlie Court. The receivere are authorized to execute
LINES WEST OF PITTSBUKO .t ERIB.
aU necessary leases and warrants for the purchase of rolling
Inc. or Dee. in
Htl Surplus over alt LiahilUies.

—

—

<fe

—

;

;

,

.

,

.

.

;

stock, equipments, etc.
It is finally ordered that the cer»ificates issued shall, until full payment thereof, with interest, be
a lien and cliarge upon all the property covered by said mortgage. The Court reserves the right of allowing the issue of
any certificates for a larger sum tlian .$300,000.
Tlie petition shows that the defendant owes for labor from
March 1 to June 4, $4.50,355 for supplies for the same period
$193,321; for terminal expenses, etc., $176,335; for taxes,
$2,910 due to other railroads, $173,956 for outstanding notes
since March 1, $245,377, and for right of way. etc., $300,000.
The petition represents tliat $l,014,4i<0 wUl be needed prior to
January 1, 1885, to make payment for the purchase of rolling
stock and equipment, and tliat the receivers have no money
on hand and no means of raising any, except by action of the
courts.
;

:

;

—

Northern Central. The comparative statement of earnings
and expenses for May and for five months ended May 31.
is

as follows:

-May.-

/— 5 mos.

ended May

31.—

1884.

1883.

1884.

188a.

$477,847

$499,132

$2,203,620

$2,4G8,4.T(

Operatingexpensen .... $262,717
20.774
Extraordinary expenses

$266,037
21,019

$1,238,800
153,106

$),36>,09

Total expenses

$233,491

$287,056

$1,391,906

$1,569. 14<

Net earnings

$194,356

$212,076

$811,714

$899,31(

Gross earnings

199,441

—

Northern Paciflc. The majority report of Jthe U. S. Senate
Committee has been made on the bill to declare forfeited such
of the lands granted to the Northern Pacific Railroad
pany as pertain to the uncompleted portions of the road.

Com

Oregon & Trans-Continental— Oregon & California.— An
agreement for the cancellation of the lease of the Oregon il
California Railroad to the Oregon & Trans-Continental Com
pany has been made, although the possession of the property
has not been surrendered. The TritiUne reports that pnvati
dispatches from Henry Villard, who recently went to Europ'
for this purpose, have been received in this city and the term;
of the proposed agreement have been accepted by the director.'of the Oregon & Trans-Continental Company at a meeting at
Portland, Oregon. The Oregon & Trans-Continental Companj
is released from all liabilities under the lease and surrenders
about $2,300,000 OregonJ* California second mortgage bonds on

Jannary
February
Marcli
Anill

May

1884.
Def. $106,556
Def. 1.50,051
Def. 108.883
Def.

Total 5 months..

49.082
47,754

1883.

225.M51
149,710
34.575

1884.
Dec.. $281,537
14,7-.'5
Ine..
Dee.. 334.834
Dec.. 100,028
Dec.
13,179

$351,291

Doc. $714,853

$174,981
Def. 164,776
Def.

Def. $363,56 i

—

St. Joseph & Western. At St.
election of directors took place.

Joseph, Mo., June

Parrish and William "C. Strauss of

New

12,

the

The Union Pacific interest
and the Benedict party were equal in number of shares represented, each polling about 17,000. By mutual understanding the following directors were chosen, making about an
equal division between the two interests: Sidney Dillon of
New York; Fred. L. Ames, Elisha Atkins, Ezra H. Baker, F.
Gordon Dexter, Henry McFarland and Charles F. Adams of
Boston; James H. Benedict, Francis W. Williams, James C.
dict of Connecticut

York; Elias C. Bene-

and Winslow Judson of

St.

Joseph.

—

Paciflc. This company gives notice that it will.
issue scrip in accordance with the terms of the mortgage, for
twelve months' interest at the rate of 7 per cent per annum, to
July 1, 1884, on the income and land grant bonds of the company. This scrip will be issued to the bondholders on July 20,
at the company's office, in New York.

Texas &

—

Union Paciflc. The Boston Advertiser reports that the
economy being practised under the new management of the
Union Paciflc has not begun to show in the returns, but when
should make quite a difference in the net earnings.
Messrs. Ames and Adams were West last month, the
discharge of 1,000 men was ordered and another 1,000 were to
go soon after. The rolling mill at Laramie was recently
closed, and the foundry at Omaha has been, or probably wiU
be soon, the company finding it cheaper to buy than to make
The Union Pacific
rails and equipments at current prices.
company had at one time 20,000 men in its employ, and now
has about 10,000. The steady increase in the Boston holdings
of stock is shown in the following
Number of Boston
Amount of
it

does

it

When

:

stockholders.

Date.

1,1882

1.358

Ian. 1.1883
lau. 1. 1884

2,314
4,837
5,208
5,712

,r.in.

April 1. 1834
Juno 19,1384

_

stiarehnldings,
13:<,612i2
172.3001.2

252,27718
24(i.573i9

256,313'9

..

June

THE CHRONKJLE.

28. 1884.]

She

Cf^ommcrctal

705

COTTON.

'4l*tmcs.

••

|.-,.ir..v

COMMERCIAL EPITOME.

from th« Smith

t'>

'W UhviMM
I

this even

Friday Niqht, June 27, 1884..
b«l««, a;
Oencrul trade l>as been dull, and gpeculati\-e values ol nior- week aiKl r;,i-<i
cliandist! havo sulTered from the freHh disturbanooH iti flnan- receiptJi iiince the
S,Hli:i.iilM i,iii,.u r,,,
cial circlpB and tho improved crop accounts.
Copious raina Mil
have relieved tho drought th.it had begun to be felt in some
B4CtipHat—
mtl.
sections of tho country. A good autumn trade is now antloi

tuakUue

mercantile aifairs.
The speculation in lard has continued active, but at prices
showing a further decline. The slaughter of swine at the
West is about 15 per cent in excess of last season. The market
to-day was variable and unsettled, with very active dealings,
closing steady at 7'2y@7-30c. for July, 7-51@7-5'3c. for Aug.,
7-67@7-69c. for Sept. and 7-78c. for Oct. Spot lard was nearly

QalTMton

Ma

Um

loUl

**M. hoirfiK •
Han.

33

Indluiola, Ac.
OrloaiM...

4

'Mlb3m,apthm

I

pated, and the middle of July promises to witness a revival in

MM.

'n«r.

'

Tbb Motemknt

Tu€t.

B

134

....

....

>•

New

22

820

109

Mablle

13

16

11

Thmn:

W»d.

»
197

*W.
1*1

318

13

193
3«

•31

....

norlda
Skvannah
Bronsw'k, Ac.

....

803

soi

...

-••.

••*•

Oharleston
Pt. Royal, Ac.

13

3

9

.••-

• •••

«...

....

1

....

1

fiMrt.

3

10

'.'.'.'.

VllmlnKtOD
Horeh'd C.,Ac

1

t

99

3i»

I.IM

1

3
....

4
8

113

....

•to

nominalat 7-10@7-15e. for prime city, 7-80(a7-40c. for West....
....
....
••
....
....
ern and 706@7-70c. for refined for the Continent. Pork is irorfolk
82
20
13
6
41
....
much depressed, in expectation of large deliveries on July WeatPolDt.&o
98
....
....
• •••
40
contracts; mess quoted |16@tl6 50. Bacon nominal at 0@ ew York
71
44
81
331
114
39
flj^c. for long clear.
Cutmeats comparatively steady at last Baltimore
079
week's prices. Beef is unchanged, but beef hams are lower PUladelp'a, Ao.
....
....
48
(17
84
and unsettled. Tallow has declined to 6%c. for^)rinie. Stear- TotalathUweek
'
23fi
727
89)
1)30
ine lower and quoted at 8J^c. for prime. Oleomargarine
For comparison, we give the foUowinKtaUeahowtng Uie
quoted at 8c. for prime, but a large e&ie of poor quality was total receipts, the total since Sept.
'~
1, IWS, and the stock
made at 61.4C. Butter has lost a late improvement and closed and the same items for the corresponding periods of
dull at 17(g 223^0. for creamery and 9>^@14c. for Western fac1883-84.
1 8H2-83.
tory. Cheese dull; State 'factory 5J^@9p4c. E^gs dearer at
Rteeipi$ to
TkU
MiM«
atp.
Juiie 27.
1884.
17J.^@19c. The following is a comparative summary of aggreWeek. 1, 1888.
Wttk.
1, 1883.
gate exports from November 1 to June 21:
Salventon

3
3

M4
3>

40

•

r.fl

1

IJM
0.U3
'a

I

.

2'i,3«9,40O

1882-83.
30,721.100

...232,62^8i)0

27!>,38S,772

1883-84.

Pork. Iba
Bacon, lbs
Lard, lbs

.

Total lbs

I>co. 4.33.'^.OO0

14(.i;i93.ti85

Deo 48,763.S70
154,d21.088 1)60.14,427.403

399,201.981

464,731.'2C0 Doo.(;5.52<).279

815

989,860

821

8,474
,511.274

Indlanola.Ac.

Mew Orleann

70

Mobile

1

Florida

4.117 825.4GO
13
16.0iX>
3,298 1.649,487
91 310.594
18,410
467 808,331
5,508
503 565.06

252,517
42,838
653,134
8,034

1.520

12.467

70.334, ICOJH^

4,313

Savannah
1,2W
812
3,6M
Rio coffee has been about steady on the spot but very quiet
Branaw'k, Ac
at 10c. options have been quiet at slowly declining prices, Obarleaton
112 416.95.t
8.413
3.781
closing at 8-05@8-10c. for July, 8-30@8-35c. for August, 8-45@
Pt. Royal, dec.
3
13.700
65
24.591
2
91,711
68 127.191
"»ii
i'iVi
8'50c. for September, 8-55@8-60c. for October. 8-60@8 e5c. for STlmlngton
BTheadC&c
12.53S
10,457
November, and 8 '65® 8 -700. for December; mild grades have
fTorfolk
166 577,513
1,012 795.054
1.146 28310
been steady as a rule, and Maracaibo has at times sold very freeWest Polnt,Ac
35 221.978
238 2t6.0i6
ly good Cucuta has been quoted at 10@ lOJ^c. Tea has been dull (few York .....
40 107,640
306 137,521 341.401 200 JUO
5«9 179.165
-468
188,538
6,310
and weak; to-day Japan sold 17}-4C. for July, 17J!|^c. for August, Bo«ton
7M0
BaltliQure
679
30,642
579
66,424
4,302 18.801
18c. for September, 18?^@ 19c. for October and 21c. for DePUladelp'a,*o.
1,580
04.439
242 107,691
9.t<84
4,S«6
cember. Eice has been in good demand and firm. Spices
Totol
5,642 4.782.641 11.497 .^.8i):^ 01
:U1 21^ .I^S 790
Foreign dried fruits have been dull at
have been quiet.
* .\ corrpctlon of net rt-celpUi of 381 bale* ilertui'te
lu ISSJ 81.
unchanged prices; green have sold fairly at pretty steady
In order that comparison may be made with other years, we
Molasses has advanced to 16J:^c. for 50-de£. test Cuba give lielow the totals at leading porta for six
prices.
refining. Raw sugar has been fairly active of late and steadier
tUceiptt at—
1881.
1883.
1882.
1881.
1830.
1879.
at 6}^c. for 97-deg. test centrifugal and 4?^c. for fair refining;
Qalvest'n.Ao.
3.%5
315
4,130
2,34:
1.065
787
for
delivery
4-67^c.
August,
future
at
the latter has sold for
iTew Orleans.
831
3,29i
3,339
5.909
4.315
1.007
4'85c. for September and 5'023^o. for October; refined has been Mobile ....
91
392
70
419
538
844
steadier of late, and closes at 6 916@6J^c. for granulated, Savannab.
467
1,259
012
378
1,450
333
'• 4."
Obarl'at'n.Ao
115
9o8
879
958
746
•«
7V8@7J^c. for powdered and 6?sC. for standard
68
96
363
50
2
137
Kentucky tobacco on the spot has been quiet and without in- XrUra'gt'Q, Ac
<lorfolk, Ao.
4.317
191
1,230
1.964
2.023
909
teresting features lugs remain at ^%@B}<iC. and leaf at 8i^@ UI others
1.595
3.324
4,551
2,869
7,388
1,00?
9^c., and no sales of importance can be mentioned. Seed leaf
17.067
5,012
11,497
9.283
20,663
3.637
wasagainsteadyand without new points of interest. Sales 1,100 fot. thtaw'k.
-40
cases, including 2r>0 cases crop 1883, Little Dutch, 16}^@18c.; Since Sent. 1. 4782,641 9S93.048 4tf20.4"7|5884,e»'
250 cases crop 1882, Pennsylvania, 5@15c.; 150 cases crop 1881,
>..
GstveHon iQOludea imUaiioia: CharleMon inolU'^
.<r.;
50 cases crop 1880, Pennsylvania, pri- WllmlnxtonlncludesUoreheadOlty.dra.: Norfolk Id.mikim (iiy Puiot,**.
Pennsylvania, 6(2 10c.
vate terms 200 cases crop 1883, New England, 12>^@30c.; 100
The exports for the week ending tlus evcninj; reach a total
"--it Britain, 7
cases crop 1883, Wisconsin Havana, llj^@25c., and 100 cases of 17,764 bales, of wliich l.">.72»
crop 1883, Wisconsin Havana, 20(o37}^(;.; also 400 bales to France and 2,028 to the rest it
t, while tt#
iU<s.
Bulow
Havana, 80c.@$l 15, and 200 bales Sumatra, f 1 20<a|l 60.
stocks as made up tjus evening are
Trading in naval stores, either for speculation or consump- are tlie exports for Oie week and since Septem ber
tion, has been indifferent and a feeling of weakness has overshadowed the situation. Spirits turjMjntine on the spot is
Bxpoiua t«;

;

1

I

;

;

;

:

and common to good strained rosins $1 22 J^
R-fined petroleum has had a small movement ai
.IJgC. for 70-Ab.-l tost; cases remain at 9}4(iil()-'^c. for cirgoea
a^d naphtha at 7^c. Crude oil certificates liad a brighter tone
until the last two days when a realizing of profits broke prices
and to-day flic, was reached, with the closing figures at (li;'3«l
In metals and wool trading has been very small. In
61-'gC.
hops there has been some activity at 3jc. for tlie best Stale
1883'8.
Oils have only a jobbing trade at recent figures.
The ocean- freight- room market looks a trifle better, both in
tlie way of busintss and rates, and to-day grain to Liverpool
by steam was taken at Bi-id.; do. to Ixjndon, 3s. OJsfd., and
oats 2s. 9J.@4s. pt-r or.; grain to Glasgow, 432M.; do. to Newcastle, 4d.; do. to Hamburg, 60 phennigs; do. to Antwerp,
434d.j refined petroleum from Philadelphia to New Castle or
Kith. 3s. 6i.; do. hence to Baltic. 3?. 3d.@38. 4!^d esses to
Messina, 20c. grain by steamer from Philadelpliia to Cork for
orders, 'is. per qr.
quoted

30(a:!0'^c.

@§130.

;

;

export*

Onol

from—

TMal

I

0nai '_

Wtek.

)alT«.ton

MS

8U

^lawOrlwiu..
Moblla

i;

>*'«l

aM4

rtorlda

javanaah

II'.

^arlotloa*...
iVUmtnatoo..
Norfolk*

Htw York

...

43.4:

iMpa>\
2.49fl

Biliimora.....

S.3«,

1

18.7W|

l,(ns

ri.oij'

\mI

I7.'M4 IJIl-l

njm
Vim mia»

-*»
''

s9a»K».»8sasi;«ta.*<4i.sAmi«^8*»«

IndDdaa azpotta n«ia Port Horai. Ao.
(roa Waat Puiot. *•

t laoladaa wuracta

...I

*,4v;

hStn

PaUailalp'a.4ke

Total imS'iSS

..

iou->

•.384

Soaton

Total

MT.ne
nai«4

IK.

....

—

V
6

„

.

1

THE CHRONICLE.

766

In addition to above exports, our telegrams to-night also giv®
the following amounts of cotton on sliipboard, not cleared,
at the ports named. We add similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale
& Lambert, 89 Broad Street.
On Shipboardt not cltared—for
Leaving
JnilB 27, AT—
Stock.
Other
CoastGreat
VLB

France. Foreign
Brilain.

New Orleans
Mobile
Onarleeton

Bavannah
Galveston
Norfolk

New York
Otlier porta

Total 1881.
Total 1883
Total 1882

1,101

736

None.
None.
None.
None.
None.
10,000
3,000

None.
None.
None.
None.
None.
None.
None.

14,101

736

14,228
13,735

1,706
13,695

573
None.
None.
None.
None.
None.
3.SC0
None.

Total.

vrise.

118
None.
500
100
None.
100
None.
None.

67,856
4,213
1,913

2,528

None.
500
100
None.
100
13,5C0
3,000

the closing bids, in addition to the daily and total sales.

I

4,073

818

19,728

323,507

1

1.000

2,858

1

5.8f.9

616

19,792
33,935

363.998
266 199

S'Tg'®
SlSSS
?as.^ oaEg?3 E,B
fflQttOB
ODO*^ (Bs'aES
O O' P*
tS-*<»D, C'***
C' * *
£;-«f Si^'^t

"'*2'i

s^aE.g'

P

%£

O

t"

(»0(»,5
U'rttB^

1s^ its?

C4-C

91

£.£g

1 ri

,

,^

^*i

CO

wn

UPLANDS.
Sat. niou Tnen

June 21 to
June 27,

OrcUn'r.^I. »'i«
Strict Ord.. 91a
Good Ord.. 106,6

9
»'i«

lOH

Btr.G'dOrd 10H,„ 10»8

Low MlddV

IOI616 lO'a
Btr.L'w Mid
ll'ie
Mkldllng... 11^10 IIH
Good Mid.. 11»1« im.
Btr.Q'dMlrt 1113i8 11%
Mldd'g Fair y^h^ 1^%
Fair
121oih 12'8

im

Wed Th.

1

NEW OKLEANS.

f»S"-B

*C
to

Ohn

95,8

9%

Frl.

Wed Xb.

11>

STAINED.

Frl.

Wed| Th.

9>1«
9',
9%
914
99,6
9%
100,6 105,6 1038
1011,, lOltiB 10%
1015,6 IOIB18 11
11% 11% 113,6
lli.l„ 11^18 1138
11»8
llfia
111S,„ 11
lllSif ll''fl
123,6 123,e I2I4

S'fl

121S„

QH

9II16

1215,,,

13

91ifl

9%

to

ooco
00

!J

9

CCCO

H>- J--

COoO
COOco

;C

oto

a

tOCDtj''

9m:

1

oooo

"
:

MM
^1
00

<
2

so;
Mr- cc'-'
T'TOM

I

r^to
k.iu

00
C to ^2
•

I^m
H,M

S>.

LowMlddll]
Middling...

811,8
938
103,8
1013,8

MARKET AND

8=8
85,6

10%
10%

8%

8%

1^- irIQiis

10»8

s?'.

''<-a>i-'

>7^ro'r
OmOm
M
<ia*

Of-

to

0>

oo^

oto

Mif-M*'
es-i:

I

to

>-•-'

|>

M

(P

tOM

2

MO

MO

8im:
MM^M
J

MMo>r

>

00

5
2

MmojM
T'TO'T
MtoOM
COtw
05
MM >
T<=
ceo

MCCM
rotf

I

toOij

'

2

i-'i-'o'7

<

Mr^O^
MtoOM
OitO

V

<-:<>

5

Bat.. Steady at

Mon
Tues

>

in

%

Tliurs Sieady at ije dec

Frl

-lEaey

Oon-

tump

dec

Eiisy at 1,8 dec.
Eiisy at
dec..

Wed Firm

Sxport,

3,050
3.053

388
463

,6r,0

6.57

1

4,666 965
4,1 10 2,069

11%

IIO18
li«,e
111S,8
123,,

116,8
11»16
lllS,8
123,8
121o,«l 1216,6

Frl.

87,8

87,8
9% nii
916,g> 916,.
109,8' 10»,8

tcio

Ot

-]05

CO

tOtO

9

coco

2

tOOi^''

12- M

MMO^
tocoOto

cccoOco
coco

CO

to CO CO

A
•<

If.

1

I

I

I

I

|ii.M

(J,

^^
CO
6

ci'

O'C;?

-.J

>.

90

5

2

2
ODCOm^
o-.o

MMtOM

sif:
MM|(,.M

ciiosOo

ffidjOi

I

H-M

!J

-Jo 2
001,0^

sm:

I

CO

rocjc

10(0

to.

5
2
'I

99
OiOi

<
2
CSMu'"

eoi:

I

Sto;

I

00
<i»

5
2

MCOfo''

o";

1

MMffi.-

"8 OOoO OOoO

OOoO 9909 OOoO
C-CjOcJ"
c:<iOa -j-jo-j
CO
toco
059)
CO
MM >
MM ^
CO > 99
00
•?
< 00
99
99
**>.
^
2
2
2
wcc ^ ^Om^ mCO ^
03X
»to:
«*:
«<i:
«ito:
e«>:
MMCnM MM,(,.M
MMooM •-'Mto*-'
0000 OOoO ooo9 COoO ooo9
O
i^cj>c,i.
c3loiOc^
Oc;,
coo

>J

CCCD

Vt

to

CO

!5

c;<*

(S

CJi

cjt;j«

cj»i^

'^

I

I

is

I

cJ» c;«

CO CD
C Ci<l
MM h
00
CO 5 00
tf>-to

cji

en

I

rfl.10,^
(KCO
CO

*-c;>
1

O
o
o

MCO

o
o

Cm

M

2
*<

i«i^

2

00

<j*v
C» C J

M 2^

so:
MMOSM

so-.:

cJ»(?lO<y,
too Ot
h,

O'er.

^1^-

oo

cucn

9
'^

—M

15

Ai^

1

I

2
^
^o
»co:

o**.

00 --I

CO

tOM

00

5

rf^tu

!J

2

V*-

»?>'

I

I

MMK)M
CO09
oco9 9909 9909 OCoO
ooo9 MMCOM
,^CJiOijl
cJ>ctCcJt
oiaOcJt CPOCcjl
010«0c)i
r-'(0'-*

C^O

00

00

15^

tew

"^

IP'CJ

o

05<J

CJI

00

COCO

cc

—

"^

to

CO

99
OS

^

cr.

a

2

KHOM
OOCO OCoO
© ooot ooo9 OO09 9909
o c^
Oi
OiOiOoi
CJi

0:00

CO

-'-'

to

O'co

oa

00
-)Q0
OS to

00;

W

1

S

5

2
'^
:

©o
ccob
0©
I

5^

©o

9
'^

olob
acoj

ftH-:

I

5
2
"^

©t--

r-M

99 ^ QCOn
99

5
2

^^

"^

com
I

«»

COM

:

99
tbdi
OGD
I

9

to

<

2
**
:

OOoO
OOo9 Ml-*©'-'
ooo9 OC09 9909 l-'MtO'-'
©Oo©
-JobOfx) Qba'©cD cc©©cb
abcD©f» cd6©cd
QD-J — *j
o 00 ^
MM
00 > MM ^
66
CO
CXM 2 CO 2
•Jw

OQb

tou

<1

00

co'o

*'

''

9im;
MMOM
o So trof
9909
o obcoCco 6 Oto cooo
M tots M
coo o o

\9
MMi.M
:

I

«

:

^
I

I

I

?

2

COM

Sco:

MM-jM

I

1

to

OM

I5

I

OMoO MMOM
6co6
OOCo
gi^ OD OCW »
^
I
l«:

SALES.

Spec- Tran- _^ ,
iviai.

ul'l'n

tit.

Sale*.

3,235 138.400
3,438 157,700
3,516 184.400
2,2.S7 124,300
5.631 93,700
6,179 103,900

Delir
eriet

400
400
800
600
400
400

19.529 4,7271
.. 24,236 802.400
3,00
Tile dally deliveries elven above are actually delivered tlie day
prevlons to that on whloli they are reported.

Total. I...

MMC':'

MtCOM MtoOM

cm 2 CO= 03"'2 MO
2 CO
toco to
8)-i:
®.-^:
»o.
aco:
9»:
MMoM
Mm
McqM MMto'-'
OMqO mmSm T'-roM MtTO?
f'ror' MMOM
,10,^
OOO'O ooOo omOo oooco OmOo
COM ^
to goto
M— 0> O'-J CD cotoeo

oto

9%

BALES OF SPOT AND TRANSIT.
0I<O8Br.

"^

aMi

Hh-O'^
M.:.o>i

-1

«*to:

I

cow
I

0-.

I

91,8

The total sales and future deliveries each day during the
week are indicated in the following statement. For the convenience of the reader we also add a column which shows at a
glance bow the market closed on same days.
SPOT MABKET

:

Oto

ecco
OmOo
OOOo
coo
CCCJ
CP
00
O
*-»

OI
01

oo

*^

6>

,>

1

t-'MQ,!-'

(BO
I

O

CD

81.-

tt

^

o-

6'

p

coO*

5

CCCD
1

2

'

y

Good Ordinary
flfcriot Good Ordinarv

<

e) oc

Frl.

10^,8
10ii,«101I,fl
lOlifl 1016,6

11%

CD

<»

I

105,6

nion Toes Wred Xh.

Sat.

9B,8

toO

00

~9%~

1038
10»16 10%
101S16 1078
10%
11
113,8 11%
lisi
11^18 113,8
1138
11»,8 11%
1168
1113io 11%
11''8
121,8 12
127„ 1238 |12%
133,8 13% ll3

im

813,« 813,ft 9ie
914
9»,8
9618
i>H
Good Ord.. lOifl 101, fl lOhe 1038
10i«
Btr.G'dOrd
101,8 10%
107,
Low Mldd'g 10% 10l!,„ 1011,8 11
Btr.L'w Mid 10i6,6 lO'rt
lO's
113,8
Middling... 11%
llil« ll'i« 113s
Good Md. .11138 ll'tn Hhfi 11»8
Btr.G'd Mid 1108
U's
ll»ie
Mldd-gFalrl2
lH'if 1116,6 I214
Fair
!12%
1211,8 1211, 8'13

OrtUn'y.lUlb
Strict Ord..

96,8

9%

30xo

tio'

MO

inon Taea Sat. Mon. Tnea

Sat.

9=4
9%
911,6 9«,,
103g
lOifi
10«,8 10i«
IOI2
lOiBje lO'e
10%
10% n»i8
11
11^18 113,8
1016i« U3i
lllfl
1138
1!«,6 n>fl
1138
1158
1113l6 11%
1108
12
121,8
U'b
12 -4
12
127,8 1238
12% 133,8 13% 13
8''«

TEXAS.

|

g

,

•

—

—

ti

o

,

—

raEs

tP

£»-^-

227.901
18.346

There has been much varianleness in the speculation for cotton for future delivery at this market during the past week.
Prices liave fluctuated widely, not only from one day to
another, but in the course of a single day. There was some
buying for the rise, on the belief that prices had fallen low
enough to make such operations safe, and there was at times
a demand to cover contracts. But each fresh advance brought
forward a fresh array of sellers, and there being little heart to
the buying movement, values again fell off. Foreign advices,
and especially Manchester accounts, liave not been encouraging to the 'bull" party while crop accounts have so far improved
that some extravagant estimates of the yield next season begin
to be put forward. There were irregular declines on Saturday
and Monday. The house of Staber & Co., cairying several
thousand bales for the "bull" account, failed, causing much depression of tone. Tuesday there was a firmer opening, followed
by a sharp decline, due mainly to the failure of the banking
house of M. Morgan's Sons, large dealers in exchange. On
Wednesday, some demand to cover contractb, with partial
revival of specidative confidence, caused a re-action toward
better prices, but it was not sustained, and on Thursday there
was a fresh decline. To-day the market opened weak and declined 9@]8 points, closing, as compared with last Friday,
26@29 points lower for this crop and 12@ 16 points lower for
the next. Cotton on the spot is decidedly lower. Tliere was
a decline in official quotations of l-16c. on Saturday, Monday,
and Thursday, and %c. on Tue^sday. There has Ijeen a large
business for export and a moderate demand for home consumption.
Stocks have undergone a rapid reduction, but the pressure to sell has not abated. To-day the market was easy, but
without further decline, middling uplands closing at llj^c.
The total sales for forward delivery for the week are 802,400
For immediate delivery the total sales foot up this week
bales.
34,256 bales, including 19,529 for export, 4,737 for consumption,
bales
for sj>eculation and
in transit. Of the above,
were to arrive. The following are the official quotations for
each day of the past week.
'

The Sales and Peices of Futubes are shown by the followng comprehensive table. In the statement will be found the
daily market, the prices of sales for each month each day, and

712
1,520
1.046

xxxvm.

[Vol.

I

I:

Includes sales in September. 1883, for September, 76,200; September-October, for October, 33^,600; September-November, for November,

399,800; SeptemberDeo<mber, for December, 869,5000; SoptimberJanuary, for January, 2, 817,9i)0; September-February, for February,
l,78O,bO0; September March, for March, 2,i!09.8uO; September-April,
tor April, 1.999,900; September-May. for May. 2,362,200.
^p" We have included in the above table, and BhaU conilQue each
week to give, the average price of futures each uay for each month. It
The
trill be found under each day following the abbreviation " Aver."
average for each month for the weeli is also given at bottom of table.
Transferable Orders— Saturday, 1115c.; Monday. 11' 15c.; Tuesday,
llOOc; Wednesday, Uloc; Tlmrsday, 11 05c.; Friday, 1095c.

The following exchanges have been made during the week:
02 pd. to exoh. 200 Sept. for July.

07 pd. to exch. 300 Sept. for July.
500 July for Sept. even.
•01 pd. to exch. 100 Nov. for Deo.

—

200 Nov.

Dec— even.

for
•16 pd. to exch.

800 July for Aug.

..

THE CHRONICLE.

June 38 U84.|

Thb Vi8)rBi,E 8UPPI.T OF Cotton to-nlfcht, u made up by cable

m

and teleRrnph,

is
foIlowH. The Contiiunital Btooka, aa well aa
those for (treat Britain and the afloat, are thia week'a roturna,
and (•(mse<iuontly oil the European flgurea are brouglit down
to Thursday evenioR. But to make the totals the complete
flgureB for to-night (Juno 27), wo n<ld the item of exjx>rt« from
the Unito<l States, incluaing n it the exports of FritUiy only,

„
Btock
nt Uvorpool
Btouk at London
.

»«1m,

Totnl Oroiit Britain Rtook
at Iluiiiliiirg
at lirviiicii
at AniHtvrdnni
at Rottrnluni

Stock
Btook
Stock
Btook
Stock
Stock
Stock

.

lit

Antwerp
Havre

!it

Mm-Kclllcs

8to<'k at

Karcclona

at

.

i

.'

Stock at Ociion
Stock at TduBte
Total Continental atooka

18«4.

188S.

18H2.

871,000
S8,000

001,000
St.sOO

88i,0O0
66,100

920,000 1,042,800
4,100
2,900
60,000
no,700
51,000
37,000
900
2,400
8,600
8,000
227,000
149,000
6,000
10,000
60,000
08,000
13,000
18,000
13,000
12,000

050,100
2,H0O
26,200
14,400

454,500

386,000

29,000
7,000
5.700

219,700

last rear,

Mrip4 lart jmr. Th« n»Hpt» m
huim Ui, Xhmn tt» anJwwk
I tha raoaMa
aU tte

m

»

and alnoa BmtmilMr

we fM,088 batea kM t£an for tha mm^SmkivmSS.

Maanm—

In the table

mZ

40,700

931,700
6.000

ouwnM QooTATioaa »oa miooum oimaa ov-

Jnnt 37.

S4,'.!00

40,'.00

6,540
1.430

eco
1,600

teles ^thaaaitlM HUM
Umium towna baT« bMB

(juoTATtom roR MiDDLmo CXmoii at Onus
below we glva th* oloabif qooUtiana of aiddlias
cotton at Southern andotlMr priadMl oottoo markali
for
1881.
882.000 day of the paat week.

1.4U0

130,000

767

210,000
3,500
54,900
4,000
7,200

386,070

OalTMton....

NewOrleaaa.
Uoblla
Savannah....
Charleston...
Wliuilnictan..

Norfolk
BtMton
BalUinore.

«a<w.

Man.

Atw.

im

11>*

ii5

im

iihi

im

ii>*
ii<«

iU

III*

ii>«
)i>«

!l"

im

tm

ii>«
111^
..

11%

Total European stocks ....1.3H3.S00 1,428,800 1,108,800 l,31f>,670
indlu cotton afloat for Buroiic. :)30.000
206.000 369.000
2117,000
Amcr'n cot I'll afloat fur Knr'po 103.000 187,000 14'/,000
jOOO
236 000
236.000
EB"Pt,Bra/.ll.\-c..ant for K'r'po
17,000
30,000
122,000
32,000
Stock In Uiiltc<l States ixirts .. 343,235
383,790
300,134 354,046
Stock in U. 8. interior towns..
32,847
70,016
43,320
60,088
United Stated) exports tOKlay
2,007
9,300
14,200
3,300

Philadelphia.
Auffusta

ti^t
ll>4

Memphis..-..
8t. Louis

ll>a

Total vlsihlo supply
2,211,679 2,410,136 2,0.^9,454 2,233.004
Of tbo above, tlie totals of American n nd ot her descriptions are as follows:

to

.

imaN
im

11>«»H

Clnolnnatl...
UralavlUe....

11^
11«4

Nmulnal.
Ill*
It's

ii>«

11%

11%

11%

Liverpool stock
Continental Htocks

Ameruau

581.000
284.000
lOa.OOO

bales

afloat for Europe...

Halted States stock
United States interior stocks..
United States exports to^ay

343.'233

32.847
2.097

.

Total American
Ma»i Indian. Brwnl, dc.
Uveri'ool stock
London stock
Oontlncutal stocks
India afloat for Ruropc

GKypt, Brazil,

llJi*

11«4

115

ti^

11

ll"

!^

115

115

im

115

Amount or Cotton in Sioht Jv^»
we give the reoeipta from planbiti'

-r

jn the tafala balow

XotalEast India,

—

&o....-

523.000
91,000
142.000
300,134
43,320
14,200

673,000
231.000
236.000
364.046
69,988
5.300

..

Total Amerlcuu

290,000
58.000
170.500
330.000
17,000

2.'.3,00O

361,000

204,000

51.800
134.000
206,000
39,000

Ott.lOO

4'.1.700

127,700
369.000
i 2,000

132.070
287.000
32.000

865.500

773.800

945.SO0

685.670

1,340,179 1,636,330 1.113,054 1,597.334

1883-114.

Keflaipt* at the porta to J'nn 27 4.782,041
Interfor stocks on June 27 In

.2.211.679 2.410.136 2,059.454 2.2S3.004
«">i6d.

Siiiod.

The imports mto Continental ports

63nd.

6'ed.

this

exoeaa of September

The above figures indicate a decrease in the cotton in sight
to-night of 198,457 bales as compared with the same date of
1883, an increase of 153,325 bales as compared >vith the corresponding date of 1882 and a decrease of 71,333 bales as

•.1,60!),

1

Net overland to June I
Southern consuiupt'n to June

form, and add

and atao

I,

1S82-83.

1

2so.0!.0|

tlia

m to ghr«

iMi-as.

ia«»«t.

\893.048 1.620,487
r,t,oz

1

4.n;2

sa.TTt
.7.-4,465

ytw.oiji

40a.6ss
190,000

i.4.000

Total In slKbt June 27...

... 5,«l.M33!6.883J8»5,30O,8H|e.413.0»4
Decrease from Scptcn.bcr 1.
It wtil be seen i>y iiie aiiove that the dnerMMo In amnant In Maht
Co-nli;ht, as compared with laat rear, la 1,264.357 balaa, the Iniiiiii win
oomtutred <rtth 1881-82 Ui3J4.320 balea. aud the iliiiiiimii fnn
IMO-n
""'»«'»•»
*

"

797.9il2 bales.

Weather Reports by Telkobaph.—Our

reports from tho
the weather has in genenU amtinned quite favorable for farm work and crop developmaDt.
The plant is now making satisfactory headway, and the flelda

week have been South

73,000 bales.

.

Tot. reoeipta from plantat'oa 4,7

i»

Total visible supply
Price Mid. Upl., Liverpool.

,i-t

j"

'

takings by Southern spinnent to the suuib date, so
Bubatantially the amount of cotton now in aiglit.

1,346,170 1,036,330 1.113,654 1,507,334

afloat

dto.,

738.000
252.000
187.000
3f3,790
70.046
5,500

11imi

il5

>'

.American—

11

11%

im

movi-iii'

ir-

}{"

{!-

n't

tnem the net overland

II

Hoslnal. HealaaL

ll>a
11*4

ii>«

JHl

11

ll>4a%

im
im
imi
ns

im

ftafa

to-night iiulicate

tlifet

are in good condition.

OaiViston, Texas.— Vfo have had good showers on two days
compared with 1881.
of the week, the rainfall reaching one inch and aeventy-flre
At the Interiok Towns the movement that is the receipts hundredtlis. The thermometer has averaged 88, ranging (tarn
for the week and since Sept. 1, the sliipments for the week, and 73 to SMt.
the stocks to-night, and the same items for the corresponding
Indianola, Texa^. It has rained on four days of the week
period of 1883-83 is set out in detail in the following statement.
splendidly imd just asneede<l. Thc-rainfall reached fourinchea
and fifty-seven hundredtlis. Crop accounts are more favorable.
The thermometer has ranged from 78 to 90, averaging 88.
PaUstine, jTeaias.— The weather has been warm and dry all
i
the week. Work is progressing well and proepecta are fair.
Average thermometer 80, highest 99 and loweet 67.
\i:9f^
I
n?\\ pp! fej f
i jip!
Huntsville, Texas.— Vie liave had warm and dry weather
Crop accounts are more favorable and the fleUt'
all the week.
CO
are clear of wee<ls. The thermometer Iiaa averaged 88, tfao
u to
0«M
If
c.
highest being 9(1 and the lowest W.
do^toio.
u a>. KWCSO'O
Luling, Texis. It lias been showery on one day of tho
»
week, the rainfall reaching twenty hundredths of an inch.
a>
to CM cc
u
:ox><Cb-J<^tocccoroei
<F>c-aiO:'*^xiu
PCrops are promising. The thermometer has averaged !M, tangMpipi"pcopi
ptDMCOOiji* a_^so«i^c cop*® c;«»h-p
10
cc
OtOi^bsw'^lOi^W'OMQoio'as VCiO'^^-W "I
» -1 O ^ ^ !D CD CO
ing from TO to 97.
<^ '£ 00 CO :S a CO
«0 ^
CO C O CO Q bS ^
h3
O
Oi
00 -• CS 00 W :0 Qi
W »- QD X oa A
O
u 0, Ci wcDO>»>oat
Brenham, Texas. Wo have had one fine shower duringthe
week, the rainfall reaching forty hundredths of an inch. Crop
accounts are more favorable; the plant is small but well fmitecf,
Mwoi
wbc"
c;»io
ow
and the fields are clear of weeds. The thermometer has ranged
10*^1 Kiuir -^Ci
ib.-jiU(Oco
10
o«*i;
'^10:
loxco-a
^O^^QOQDMCotOQO:.
9 - from 66 to 98, averaging 83.
Belton, Texas. ft has been showery on one day of the
cow
M
week, the rainfall reaching fourteen hundredtha of an inch.
i^.^i^l* r*r*
l-jcxytoi
to
Crop prospects are very fair. .Vverage thermometer SB, high-|K)(*Oi*-ifrC0
'I'-PlOOi (OMOOOd;
to*
I— o cc *• CH 10
00 3D©r-OiaiO*l-*>"h-. to « »v -J O to I- *est 96 and lowest 67.
Weatherford. Texas. We liave luul a shower on one dar of
the week, the rainfall rea»-hing twenty-five hundredtha of an
to^
to
inch. Crop prosi>ectB are veiry proml-ung. The thaciBonatar
>ICO-s](^COtS
H>IOCItHCR
•qccto>oa&i;to
«-10O«ICCrU;

—

—

—

:

j

:

i

'

—

»->

>-•

•-•

<)^

i-t

--I

ij;

if>»'

.Jl

—

3

|b>

C;i

•

!

;
•

—

cfc

—

ooaifkQQ-^iaQO

coa>Otaco> v<a:&coOh'i^o::o--^i^o

cs
CC 00 --X CO to CM to
en rf- to to VI
CO

CO*.

Oi;^c;i'j3if>t04*u3

O

0>5S®

O

tO QD CO 10 CO 00
CO CO cp ;;< p' 00 CO

O -- to 00 13

o> 00

%t

o t5

1-*

;d 00 go <fr en CO

a M «- ^ CO t^ Q to

00*

03Q00&<^Ci3O*-lf^t4CrtMO^^0>0DC0C0CD
1-09
eo>»h3

*^
1--

^-CTi-»^ —
— oiOi^#^oeoccc^M*g

cs#»tocoMos*.(ocscorf*-o»*>.p«co;jpaD
CO<J*ltOaSMV|brfiiOD03Vl'ij(OCO»VVj X

^''-J^l'iU-

•^to

•-<

*

M
i-

UDptOtOCOCn*^

to

tO-Kj
;
OttCi(-«'

00^
ZJ>^

Hi

M MM

CSCSi^M

M«OOi0:.O-IC0&aOO* ^kCOCAtOCOAO}

OC^GDOtOOOO

has averagetf 80, the highest being 9-1 ami the loweat 68L
Dallas, re.cav.— We hifve had no raiu all tho week. Oop
accounts are more favorable and K'>od proar— ia being
The thermometer Baa aTora^Ml 84,
in cleaning the fields.
ranging from 68 to 99.
Columbia, Texas.— Vie have had fine showers OB three
d.iys of the week, the rainfall reaching one inch and <
The Brazos overflow baa subaidod,
hundredlhti.
reportetl lon« to crops was much exaggerated. Touur onpaof
OlMa
com, sugar-cane and cotton are alldoing wolL
plant is full of bolls and well matured for tho wa aon ATcnsa
tliermomoter 83, higlieet 91 and lowest 68.
Haw Orleans, LouUiana.—l\. has rained on four days of (ho
week, the rainfall reaching forty-eight handredtha of aa lack
The thermometer has averaged 8?.
Shreveport, 7.oM*«/an«.—Telegram not received.
-*—

BMO

TM
,

COtO-^MtOO
t«

*

X to

iP> if-

c: :&

i-

»^o — o«o-JQcasw'-'-i^o*'^aaDM

I

This year's figures estimated.

The above

totals

show

that the old interior stocks have
bales, and are to-night 87,190

decreased during the week 0,273

Vioksburff, Mississippi,— yfe have had a shower

oaoBO

.

.

THE CHRONICLE.

768

day of the week, but not enough to do much good. The remainder of the week has been warm, dry and pleasant. The
Competition for
rainfall reached nine hundredtlis of an inch.
labor is running up the rate of wages. The cotton plant looks
strong and healthy, and good progress is being made in clearing the fields. The thermometer has ranged from 68 to 97,
Meridian, Mississippi. Telegram not received.
Greenville, Mississippi. Telegram not received.
Colutnbus, Mississippi. It has been showery on one day
of the week, the rainfall reaching thirteen hundredths of an
The thermometer has averaged 81, the highest being 93
inch.
and the lowest 69.
Little Rock, Arkansas. Friday, Saturday and Tuesday
were fair, with light showers, and Wednesday was cloudy,
with good general rains throughout the State; but the remainder of the week has been clear and warm. The rainfall
reached forty-two hundredths of an inch. Crops are clean
and improving nicely. The thermometer has averaged 79,
ranging from 69 to 91.
Pine Bluff, Arkansas.— TeXe^axa. not received.
Fort Smith, Arkansas. Telegram not received.
Selena, Arkansas. It has been showery on one day, and
the remainder of the week has been pleasant. The rainfall
reached fifty hundredths of an inch. There are some complaints of lice. The thermometer has averaged 81, the highest
being 94 and the lowest 71.

—
—
—

—

Arkansas.—Tele^am not

received.
had light showers

—

on two
Memphis, Tennessee. We have
days of the week, the rainfall reaching ten hundredths of an
inch. More rain would be welcome. The early part of the week
was very hot. The fields are clear of weeds and grass. Of the
receipts this week 1,296 bales were through cotton. The thermometer has ranged from 73 to 96, averaging 83.
Nashville, Tennessee. It has rained on one day of the week,
the rainfall reaching two hundredths of an inch. Average
thermometer 80, highest 92 and lowest 68.
Mobile, Alabama. We have had rain on three days of the
week, the rainfall reacliing eighty-four hunaredths of an inch.
The crop is developing promismgly. The thermometer has
averaged 78, the highest being 96 and the lowest 70.
Montgomery, Alabama. It has rained on four days of the
week, the rainfall reaching one inch and thirty-five hundredths.
The crop is developing promisingly. If rain ceases now and
no worms appear, a good cotton crop will be made in this secThe thermometer has averaged 79'9.
tion.
Selma, Alabama. Telegram not received.
Madison. Florida. Teleg-am not received.
Macon, Qeorqia. Tlie weather has »been warm and sultry
during the week, with heavy rain on one day and showers on
two days. The thermometer has averaged 77. ranging from

—

—

—

—
—
—

68 to 90.

—

to 90.

—

Columbus. Benrgia. We have had rain on two days of the
week, the rainfall reaching ninety-three hundredths of an
inch. The thermometer has averaged 77, ranging from 70

Savannah, Georgia. It has rained on four days and the remainder of the week has been cloudy. The rainfall reached
four inches and seventy hundredths. Crop reports throughout
the State are generally good. The thermometer has ranged
from 68 to 88. averaging 79.
We have had heavy general rain on four
Augusta, Georgia
days of the week, and the remainder of the week has been cloudy
and threatening. The rainfall reaehed one inch and sixty-five
Crop looks well
hundredths. We are having too much rain.
but is gi-assy, although not to any great extent. If favorable
A numweather sets in planters will be able to overcome it.
ber of places in the lowlands below us have been overflowed
by the Savannah River. Average thermometer 78, highest 92
and lowest 70.
Atlanta, Georpia. It has rained on five days of the week,
the rainfall reaching two inches and two hundredths. Unfavorably wet. The thermometer has averaged 74*4, the highest
being 90 and the lowest 6.5.
Charleston, South Carolina. We have had rain on three
days of the week, the rainfall reaching one inch and ninety
hundredths. The thermometer has averaged 79, ranging from

—

—

—

Feet.

New Orleans
Memphis
Nashville

Bhreveport
VioksburK

Below high-water mark
Above low-water mark.
Above low-water mark.
Above low- water mark
Above low- water mark.

26, '84.

June 28, '03.

Inch.

4
19

2

3

10

20

4

31

7

Feet.

2
31
7
19
39

Inch
10
2
11
4
7

Orleans reported below high-water mark of 1871 untU
1874, when the zero di gauge was changed to highwater mark of April 15 and 16, 1874, which is 6-10th9 of a foot
above 1871, or 16 feet above low-water mark at that point.
have
India Cotton Movement from all Ports.
re-arranged our India service so as to make our reports more
had found
detailed and at the same time more accurate.
it imijossible to keep out of our figures, as cabled to us for the
proved
only
to be
ports other than Bombay, cargoes which
shipments from one ImUa port to another. The plan now
inaccuracy
this
and
danger
of
followed relieves us from the
keeps the totals correct. AVe first give the Bombay statement
for the week and year, bringing the figures down to June 26,

New

Sept.

9,

— We

We

Shipment' since Jan.

this week.

Oreat
Britain

Total.

nent.

Brit'n.

1884 15,000

8.000 23,000
1883|I8.000 4.000i22,000
1882 13,000 24,000 37,000
1881 l.OOOl 8.OOOI 12,000

Omilinent.

1.

Keeeipts.

This

Total.

Sir^e

Week.

Jan. I

l.iS.OOO 563,000 1,021,000 23.000 1,187.030
3SS,000!737.000 1,12.5.000 12.000 1..502,000
678.000i543,000 1,221,000 IH.OOO 1,514.000
213,000:465.000 708,000 18.000 1,067,000

According to the foregoing, Bombay appears to show an
increase compared with last year in the week's receipts of
11,000 bales, and an increase in shipments of 1,000 bales, and
the shipments since January 1 show a decrease of 104,000 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.
"Other ports" cover Ceylon,
Tuticorin, Kurrachee and Coconada.
Shipments for the week.
Great
Britain.

Calcutta—
1881
1883

Total

Shipments since January

1.

Oreat

Continent.

Total.

3,800

Madras
1884
1883
All others—
1884
1883

Britain.

...

41200
10,000

123,700
81,800

13,000
4,500

1,600
1,000

14,600
5,500

13,500
5,000

8.600
2,000

22,100

114,000
81,300

51,400
13.000

165,400
91,300

....

.

1,000

4.800

4.800

Total.

87,500
71,800

3,800

1,000

Continent.

7,000

aU—

1884
1883

......

The above

week show that the movement from
Bombay is 4,800 bales less than same

totals for the

the ports other than

week last year. For the whole of India, therefore, the total
shipments since January 1, 1884, and for the corresponding
periods of the

two previous

years, are as follows:

EXPORTS TO EUROPE PROM ALL INDIA.
1883.

1884.

1882.

Shipments
to all

ThU

Europe

from—

week.

Bombay

ThU

Since
Jan. 1.

Total

ThU

Since
Jan. 1.

week.

Since

Jan.

week.

1.

94,300

37.000 1,221,000
8,400| 196,300

23,C00 l,186.40o| 26,900 1.219,300

45,400 1,417.300

23,000 1,021.000
165,400

All other ports.

22.000il, 125.000

4,800

statement affords a very interesting comparison of
the total movement for the three years at all India ports.
Alexandria Receipts and Shipiients.— Through arrangements we Jiave made with Messrs. Da vies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and sliipments for the pa.st week and for the
corresponding week of the previous two years.
Tliis last

Alexandria, Egypt,

June

1881-82

1882-83.

1883-34.

25.

Receipts icantars*)—
This week
Since Sept. 1

1,000
2,641,000

2.254,000

This
Since
week. Sept. 1.

This
Since
week. Sept. 1.

This
Since
week. Sept. 1.

1.000 251,000
1,000 135,000

1,000 2.33.000
86,000

1,200 24.5.900
176.271

2.000 386.000

1,000 319,000

2,g3i,7'2'j

Etports (bales)—

XoContluent
Total Europe
cantar is 98

A.

1,200 422.171

1

lbs.

This statement shows that the receipts for the week ending
w^ere 1,000 cantars and the shipments to all Europe

June 20

2,000 bales.

—

Manchester Market. Our report received from Manchester
give the prices of
to-night states that the market Is dull.
to-day below, and leave previous weeks' prices for comparison

We

1883.

32s Oop.
TwUt.

Columbia, Sotith CaroKna.— Telegram not received.

June

IVoL. XXXVIII.

rear Great Conti-

71 to 87.

The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
June 26, 1884, and June 28, 1883.

.

BOMBAY RECEIPTS AND smPMENTS FOR FODR YEARS.
Shipments

—

—

Neioport,

—

1

d.

d

8I4 a».
Shirtings.
d.

B.

d

Oott'n

Mid.
Vpkit
A.

lli2»7 51s 63ig
® 9385 10i<!«7
6l8
9'4[5
5>fl
63,8
9 SSa a 9% 5 8i»a7 3
" K 8«8 a 9%|5 B^in 3
6^4
" 23 S\ « 9>45 8»sa7 3
6%
30 3*1 '3 9^15 8>aa7 3
June 6 8% « 914 5 8isa7 3
6f8
" 13 834 « .9>4'5 8>a97 \H 6"l6
" 20 8% a 9»8t5 7>«a7 1
63g
" 27 8=8 a 9is5 7 »7 1

Apr 25

May

2

S% n

••

•'

—

32s Cop.
Iwist.
d.

d.

%H
d.

a 9% 5 9
89ie» 9'«'5 10
8»8 ® O'siS 10
:8lii„a99.«l5 10
h:^ a 913 5 10
8iiioa 914:5 9
80s « 9>e'5 9
808 » g'sls 9
8=8 a 9145 9
8ifl a 9145
9
SI3

CotI
lbs.

R.

a7
a7
a7
®7
a7
»7
a7
a7
a7
a7

n

Mia.

Shirtings.

Up/et
d"

(1.

3
4's

50a

41-J

513,9

5%

412
41s

5^9

5%
5^

3
11a
113,

3
3

I

511,8
511,8
511,8

Jute Butts, B.^goino, &c. There has been a faii business during the week in bagging, though the market
The inquiry continues of a jobbing
is
not active.
character, scarcely any demand being shown for large
Prices are without material change, and are nomiparcels.
nally quoted at 9i^c, for IJ^ lbs., 10c. for I'V lbs.. lOi'^'c. for SJ
Butts are about as last
lbs. and lliof- for standard grades.
reported, and business does not increase. Orders are coming
in for parcels to fill present trade requirements, but invoices
are neglected. Sellers are not forcing goods, however, and are
waiting for more activity rather than accept offered prices, and
the market closes quiet at 2 ig® 2 3-16c. for paper grades and
3fa@2%c, for bagging qualities,

—
.

June

1

.

1

THE CHRONICLK

28, 1884.J

Comparative Port RBOEipre and

Crop MowMnrr,
—A coinpnriBon of tho port niovemont Daily
by
w not
wi>«ikH

as

noctiratct,
tlio Hjiino day of

yenrs do not end on

tlio vriM.>kM in ditToront

tho month. Wo have c<)nse<iuontly nddod to our otliiT HtAndlnif
tabled a daily and monthly statoruent, that tho ruiwler may
constantly havo boforo him the data for >M)eing tho exact rotative
movement for tho yeara named. The movumeut each mouth
since September 1, 1833, has been as follows.
Tiar Btginning atpUmbtr

MonlMy
RteeiptM.

1883

1882.

Bept'mb'r
313.812 336,656
October.. 1.046,092 930,584
Movemb'r 1.030.380 1,004,607
Deoemb'r 1,0.59.693 1,112,536

Januarr

487,729
383.93?
211,514
111,755
45,91^

.

February.

Marob .

.

April....

May

1.

1880.

1879.

458,47s
968,3Ih

833.64:1

888,848

888,49'.'

«89,2(.4

974,013 1,006,501
996.807 1,020,802
487,727 571,701
291,992 572,72'i

042,272
956,464
647,140
447,91261,913

779,237
893,664
818,727
566,82
S03.g5&

476,58-.'

117,69.5

284,216

183,02.5

10:,l.5!i

18.'».523

113,573

190.0.'>l

110,0011

84,299

lotalyear 4,732,791 5,815,712 4,551,808 5,549,410 4,748,873 4,392277
96-43

04 47

94 01

98 79

This Bt:\tement shows that up to May 81 the receipts at the
ports this year were 1,063,931 bales less than in 188.J-83, and
200,983 bales more than at thosametime in 1881-83. By addinj?
to the above totals to May 31 the daily receipts since that tune,
we shall be able to reach an exact comparison of the movement
for the different years.
1883-84.

1382-83.

,

1881-32.

1880-81.

I

1879-80.

1878-79.

Tot.JIy3l 1,752.TH1 5,315,712 4,55l,80S 3,54!I,410!4,748,873 4,392,277
J'ne 1
5,37n
a.
8.174
2,361
2,6H4
8.
'•
2....
2.720
3,f.05
2.056
1,49s
3,731
2.002
" 3 ...
8.
2.401
2,928
6.351
3.219
2.044
" 4 ...
8.
528
4,127
5,312
4.369
1.88
" 5...
2,65b
808
4.920
a.
2.316
1.044
" 0....
5,175
4,10t,
3.327
4,7!10
8.
1,537
•'
1.013
2,245
7 ...
3,58
6,129
5,049
83!
" 8 ...
:•!
8
5.163
2,002
3,30ii
2.6
8.
•'
2,002
9....
3,236
2,903
2.913
4,381
1,743
" 10....
713
8.
4.934
2.U13
1,865
931
•" 11....
5G9
2.489
8.
3,793
3,-593
1,142
- 12...
593
S.
5,563
3.105
3,484
875
" 13....
3,439
2.903
2,190
6.754
8.
1,060
•' 14....
329
5.719
1.612
1,880
4,037
1.021
"' 15....
8.
1,365
3,741
2,356
5,735
8.
" 16...
Sl.-i
3,260
2.911
2,733
1,583
662
" 17....
2,10
13,299
4,931
2,537
8.
1.773
" 18....
201
8.
4.46 2
1,913
2,709
1.18ti
" 19....
5>3
1.82C
8.
3,573
2,356
419
" 20....
987
4,597
8.
1,719
4,223
2.097
" 21....
3,790
230
1,314
4,602
1.383
869
" 22....
8.
1.353
3.436
3,793
3,141
8.
4,U04
" 23...
727
2,8J3
1,356
3,7 i 9
1,126
" 24...
936
l.SS-*
695
8.
2,417
615
" 25...
630
8.
3.868
2.133
6,089
986
" 26....
327
8.
2,205
1,614
2,917
194
" 27....
4 378
'2,416
8.
2,116
3,786
2.603
4,782,611 5,889,03 4,616,215 5,654,117 4,828,024 4,120,903
Total
Percentage of total
96-27
97 80
97-S4
9652
9940
port reo'ptg .I'ne 27
*

A correction of net receipts at New

Orleans of 331 bales deducted.

This statement shows that the receipts since Sept. 1 up to
to-night are now 1,108,39<J bal&s less than they were to the same
day of the month in 18^3 and 166,430 bales more than they were
add to the table
to the same day of the month in 1833.
the percentages of total port receipts which had been received
to June 27 in each of the years named.

We

The Following are the Gross Receipts op Cotton

5

•••
1.

1
T'.
T..
T.,

OnurtwHikit.iiii'.
.

Tu'
T..

rr Bi »io, s.aa?

New roBK.
wetk.

Ne\r Orleans.

Texas
Savannah.

..

375;
300I

Since
Sept.

1.

PHn.ADKLPH'A

ThU
week.

Sept.

1.

234,163
809,750

«.130|

155,380

«;,709

Tliit

week.

Since
Sept.

1.

BAL-rtlCOKC.
TItU

Sina

week.

SepLl.

1.906,

Mobile

400

No. Carolina..
Vlrtflnla

North'n ports
Tennessee.&o
ForeiKn
This year...
yeir..

a,Ml

"I.,

I.

.VlrglMaa.

41.

PBII.AIIKI.PIIIA-TO

Uverpuol. pur >l4uuuer

Brttuii'PrtaMM^

2,00 1»

«,000

Total

The

41.MI

thew shipment*,

particiilarB of

nmMxgfiil in oar luasl

form, are aa follows:

New

Yorlt.

Ltt*rpool,

irall. Itatrt.

^,411

1,125

AnU

Br*.

N. Orleaas. 23,261
Oalvesion..
2.261
Beaton
oXro
Pblladelp'a
2.009

Total... 3'},%71

HMH, warp.

7
3,237

%;«

*>•••

•••<•

••••

••••

1,125

3,211

273

50

So

000

a»2

500

6S2

28

41,493

Below wo add the clearances tliis week of reaseU CMTjriug
cotton from United States ports, bringing our data down to
the latest dates:
Nkw 'IKLBAXS— For Bremen—June 25—Slilp K

'>.

Boston— F.irLivenioiil-Jiino 18—SUMini^r «;
2i— Stiamer

SO—

...Jan*

June 21- ;itcau..

500

SleaiU'-r Si-ytlilii.

i.„.,„u, 560....Jaaa

.

NnrKeiimii, 034
Pubnioo, N. 8 Jnnn -iO-SohoonCT

For
—
Unle. 1.
BAI.TIMOKK— For I.lverpool-Jcine 21— Mtein»-r ilAiiorerlnn. 7,338.
PillLAUIiU-IIIA— For Liverpool— June 24— Steainer Frnus) IvauU. 1.320.

Below we give all news receive<l to date of diaastentoi
carrying cotton from United States ports, &c.
UKMToRi TAUAmK-iii.k, hark (Anat.). Sopronlch, fron Rev OrlawM,
April 10, for Kuval, Htriinilol at Mitliuo,

ana put

ditiuajfed,

wm luuiuteil off iHkdl^

liui

Into C<>i>euliuKen prior to

Juns

Id.

Cotton freights the past week have been as follows:

Uverpool, steam d.

Batur.

Jton.

TUM.

r«fiw<

num.

m.

0^'

"S4'

•c4*

"32*

•m*

»»a'

»«U...<J.

...•

....

..••

..*.

....

....

aavre, steam. ...e.

»!«•

•is*

»!••

»w*

•l«*

»..•

--••
«*•

.>••

....

..••

.e.

%•

%

e.

....

^.•s

H'
••
««•

H'

Do

Do

sail

e.

Sremen, steam,

Do

sail

a ^rnboTK, steam .e.

«*•

Do
saU...e.
imat'd'm, steam.e.

..-•

Do

V

%•

V

....

....

....

-.—

BaU...e.

....

..*.

Keval, steam. ...<l.

»l«*

»JS*

-..

....

....

....

....

....

....

00

sail

e.

>iaroelona,Bteam.e.

Jenoa, steam

e.

%»7,«'

Meate, steam ...e.
Uitwerp, steam.. e.
' Compressed.

'le-

W

»K-"«4*

^'

.*••

.•••

....

...•

%•

...•

...

V
V
V

..••

V

««•

.--.

•

••

V

••

»ie-'».4' »lt->»M- »!*-«»«•
..*.
....

....

*»7'b- *»'is- ^•^18- ^••l.>»'
Tl."l«"
'is*
««•
^*

H*7u*
'is*

V

W

««•

—

Liverpool. By cable from Liverpool, we have the following
statement of the week's sales, stocks, &e., at that port. We
add previous weeks for comparisoa.
June

week

6.

balee.

21,00('

01 which exporters took
Of which speoulators took..

1.400
I.IUO
16.000
12.000
7.50C

8alea of the

Sales American
lutual export

-Estimated

Of which American- Estim'd
week
Of whloD Ameriosn
imoantaOoal.
Of which ATnMrinan

rotal Import nf Uie

J*n»

7.3 10

38

38.(IO('

4.80C
9.300

6.)3.00l<

Oil
4H

«'•

?i''3

3.300
1.000

>

1.700
2;.0'H
4J0i.
7.401

8»».'

40 000

44.0<»

2.300

911.000
3^.000
19,000
21O.000

Jmttltt.

13.

56.<Hit

31000
5..VI0

S.IOO
•iTliJOO

»HM

">0

'

o

.

'

\V>
328.UO)'
36. ••0

<,>o

212.000

•.;07.iK»<

40.(M«

I

«l,MO

The tone of the Ijverpool market for spots and futares
day of the week ending J^ne «<. and the daily vkmkttf prioaa
of.spot cotton, have been as follows:
1

^

lt>,HS

18,977

Sfol.

i4,.5ao

Florida
8o. Carolina.

Last

Sin«

p.,

Bo*n)!«-ro UviM
160

York. Boston, Philadelphia and Baltimore for the past
week, and since September 1, 1883.

New

•m

.

OALVKsrox

rotal stock

ThU

iaUl.

rifr of II.1,713 .. >.

T.i
t..

ll*orwarde(l

from—

olMTtd np' Ut TbnrwUf

I

at

JUcHpU

•Mit

of sU

Tttij,!

M«w

1878

281.5l:<

9661

m»aUmtM
WMk.

K»v-.
r.ii.u.
Coiinir^tlor. 3.1*'>.*'
|>'-r Hlilp«
l'.i.I..-T

429,777

257,09',1

include the
niicht of thia

Newoiu

1881.

853,19.%

752,827
595,59482.772

Pan'tttge of tot. port
reoftlDMMftv si...

:

Satuntay jronday.

INttm.

niu-atf'ir.

QaMt.

6,167

11I,M1

4181

14,16:)

218

19,323
2S.I43

9.427

3I.0SH

II

H

223.i»\

171

ei.918
104.2^9

231

41.174

Sl,l>48

2,!»5
107.610
6,5(3

1,973

40
205

IW

161.188

1.840

83,262'

M,6I0

12

4.451 l,087,?7iS

137.836

13.3^0, 1.304 ,39U

E80.885

2.675

—The

117330!

783

214,862

179.038

2.478

Ba-J.IBJ

exports of cotton from the Unite<l
States the past week, as per latest mail returns, have reached
41,653 bales. So far as the Southern iwrts are concerned, these
are the same exports reported by telegraph, and published in
With regard to New York we
the Chkomcle last Friday.

Irregular.

lid Upl'd^

«M.Orl'ns

Slawlr.

DalL

taadj.

•6»„

6»««

6»„

«7„

«'ia

lO.OJO
2,000

7.0UU
1.000

8.000

67,8

Balas

IpecAexp.
«.at«

Shipping News.

Market,
13:30P.•"•I

500

l.Q«0

7.000

IJMO

fotwsf.
Market,
12:30P. 'A

Market,
4p.it.

Q«»e4-

8t«adr.
Staadr.

Barair

Qatel.

•caadr.

The opening, highest, lowest and dosing prices of fttttugs^t
~
Idverpool for each day of the week are gtren below.

—

—

...

770

.

on the basis of Uplands, Low Middling clause, unless
otherwise stated,
pruet are given in pence and QUhs.tlmi: 5 62 means b 62-64d.,
^f The
03 meant 6 3-64d.
Bn

prices are

Mon., Jnne

8alM June 21.

June

Tues.,

i23.

Open High Low.

'ii.

Open

fflflTi

Low.

Clos.

d.

d.

d.

d.

d.

d.

d.

(I.

d.

d.

d.

Juno

618

6 18

618

6 18

6 18

6 18

6 18

6 18

6 21
6 21

8 16
6 10

618

Jrfly-Aug... 6 18
Aa«.-Sept. 6 20
September.. 6 83
Bept.-Oet... 6 18

6 18
6 21
6 23
6 20

817 6 IS
630 621

6 20
6 21
6 17

6 1U

Jone-July.

622
6 23
6 21
6 08
6 04
6 03

6C8 618

6 22

6 24

618 6 20

Oct .-Nov.... 605 607 6 06 6 07
6 02 6 02 6 02 6 02
Nov.-Dec
6 02

6 02

6 02

Open BUlh

Clot

d

6 IB

619

6 18

6 18

616

620

61M
617 619

6 19

6

2.3

6 21

6S.0

6 IB
6 21

6

2il

6 23

6 23

6 23

6 16
6 18
6 SO

6 16
6 IS
6 20

6 22

6 80

6 20
6 0:

6 20
6 07

6 17
6 04

6 17
8 01

603

6 03

6 0O

6 00

6 02

6 02

5 63

SOS

8 01

6 19

6 04

603

6 21
8 S3
6 20
6 08
6 01
6 02

18

OBAni.
Spring, per bnsh.

Spring No. 2
Red winter. No. 2
Red winter

March-Apr.

Open High Low.

Clot.

Open High Low.

Clot.

June 27.

Open High Low.

Clot

d.

618
616
616
618

618 6 18 6 18
618 616 618
618 616 618
621 6 18 621

6 21

6 23

6 21

6 23

8ert.-0ct... 617

8 19

617

6 19

6 04
Nov.-Dec... 6 00
Dec-Jan.... 6 00
Jan.-Feb ...
Feb.-March.

6 06
6 02
02

6 04
6 00
6 00

606

June
June-July.
July- \ug.
Aug.-Sept..
September..
.

Oct.-NoT...

d.

d.

d.

d.

d.

6 1.^
8 15

8 02
8 02

d.

d.

d.

d.

6 IS

6 18

6 17

6 17

8 15

815

8
6
6
6

6 17

817

6 16

8 16

8 17

6

620

24

62t

8 22

6 20
6 22
6 17

6 17
6 19
6 22
6 17

817 6

22

6 IB
6 19
6 22

19

19

i:

8 19

622
617

14

8 16
6 18

616
616
817
6ie

6C8 6 05 8 05

6C5

6 05

6 14
6 03

6 03

6 00

6 00

8H

601

8 00

8 15
6 04
6 00

601

6 0;

6 00

6 00

6 00

6 00

563

5 03

8 17

Com.

Wheat.

Flowr.

.

Detroit

aeveland. ..
3t.LoulB ....

2,77..

9,600

21,612

58,122
5,150

1,035

Dnlutb
Tot. wk. '84

Same wk.
Same wk.

'83

20,500

79.323

184.400

093,582
860,545
518,902

154,738
115.553

6,100
347,160

BREADSTUFFS.

'62

1883
1882

8,2^4,S18
8,628.885

1881....

7,182.83;J

Fkidat,

1,815 429

p.

M, June

27, 1884.

Most other descriptions have been

been in small supply

demand being mainly for the better gradesof patents;
even these have latterly met with only a moderate demand.

The market as a wliole has been in an unsatisfactory
To-day there was a light trade at weak prices.

position.

mainly owing to the same influences which were at work last
week. TLe crop advices, however, have, as a rule, been

and a

advance a few days ago, due to cold
the West, has been succeeded by renewed depression,
slight

more favorable

reports received since then.

At

times the shorts have covered rather more freely both here
at

C

weather

licago,

may

some operators fearing that the

late hot,

moist

cause rust in the winter wheat.

have not been widespread.

But these fears
The foreign markets have, more-

shown some depression latterly. To-day the market
here was dull and lower. No. 3 Chicago spring on the spot
sold at d')i\ and ungraded white at $1@ 1 08.
No. 3 red sold

over,

t 98(398T8C.

for July,

|1@1

Oli^c. for

August and $1 OS)^

for

No. 2 red closed at 98>^c. in elevator, OTJgO. for
$1 001-.^ for August and $1 01^ for September, showing

Se 'tember.
J.ily,

a decline for the week of 1 to l}^c.
Indian corn has been only fairly active, and prices, in sympathy with the fall in wheat, have declined. Some unsound
corn has been posted both here and in Ciiicago, and this fact
has had a more or less unfavorable effect. There is not much
interest in this cereal at the

moment, however, and

it

merely

follows the fluctuations in wheat. To-day the market here
was dull and
to Ic. lower.
No. 2 mixed closed at 605^c.
in elevator, SO^g'c. for July, 6134'c. for August and 62j8'c.
for

^

September, showing a decline for the week of 2 to 2i.^c.
Rye has been quiet but steady. Oats have been quiet and
declining.
The market to-day was still depressed. No. 2
mixed sold at 34;8'@3538'c. for July and U@3i>^c for August.
The following are closing quotations:
FLOUK.
N^. 28'>rtng...ipbl)l, t2 15» 2 60 Patents, winter
S5 00a
No. 2 winter
2 50» 2 80 City snipping extras. 5 00*
Snperflne
2 75® 3 15 Southern bakers- and
Spring wheat extras
.">0
® 4
family brands
Minn, clear and stra't 3 7oa 5 50 South'n stip'g extras 4 75»
4 00 3
Winter ahlpp'g extras. 3 25a 3 -50 ByeHonr, superane..3
85a
o' «•»•
>
q.
WlnteCom meal
Btrajguv
3 503 5 75
Western, &o
3 OOa
Patents, spring
5 25»6 2)
Brandywlne, *o....3 30a
.

bush.

1,220,234

76J.038

66,230.098,101,330,330
71,953.740 87,641,0,12
40,140 582 103 Oil. .3110

60,111535

60O

3.184
13,600

3,000

34,810

69,388
104,410
30,2l»

61.232
48,400

4S.7l!l,182

16,942,777
15.403 235

31,4H,577

12.022.706

6.677,W0
4,678.882
3,773,837

Kje
Tots) grain

6 2>

5 10
6 00
5 25
4 1,5
3 35
3 45

2J,g.S2 0i>0

14,162,461
50,384,619

1.3U.729

1.016.733

92,541,769

67.123 527

87,318,981

8»rey

Ky

Total

Week

280,757

124.9.16

1,22),09U
1,251.691
12,173
29,912

333,956
667.8 5
21.3:4
35,975

2,793,535

Week
June 21

May

flour,

JfAea(,

bblt.

busA
1,358,265
1,439,436
747,9^4
1,062.8-3

31

617,605

1,460080
1,450.070
19,242
10,705

1,171,451

Oale,

ourK.

hutih.

2.210.755
1,947,201
2, 563 42 i
2,066,407

1.407.698
l.;?12.513

1.44>,577
1,157,781

25.

151.329

255,352
261,991
618,959
17.206
14,943

1.181.016

Ourn,

,

1S7,341
164.871
187.437
164.860

June

38,910

3 586.70:

The rail and lake shipments from same ports for
wetKs were.
Week
endina—
June 21
.luuo 14
June 7.

1R81
Ween

1882.

1883.

June'23.
49,376

21.

103,512

b^eh.
.,

19il.880

from Western hike and river

Tfeek

Corr..,.
OtiU

23,293,313
43,706 2. J
16,648,824

1,785,638

1884.

June
bbla.

11,829,896
37.290. 873"

4. .'.09,403

Below are the rail shipments
ports for four years:
Four

1880-81.
4.250,623

14,599,839
2,071,190

21,71)2,018

91.233.792

....

l«Sl 82.
3,483,111

1882-S3.
4,36S,976

44,140,619
23,5^3.670
2.687.068
2,910,373

Cats
Barley

Vheit..

Wheat has sold fairly for e.xport, and latterly there has been
rather more activity in options. Prices have declined slightlyi

and

1,443,138
1.07D,423

2,171,249

4,8S3,419

bble.

Wheat

slow, the

to the

Bye.

The comparative shipments of flour and grain from the same
June '21, 1881, inclusive, for four

Oom

Flour has been vpry quiet for the lower grades, which have

owing

Barley.

17.700
103.229
231,810

07,6711

1883-'jl.

rains at

Oatl.

^InceAug.l—

Flour

favorable,

73ia

ports from Dec. 24, 1883, to
years, show as follows:

March-Apr.

yet

...

6 15

6 20
6 08
6 03

6 20

ife

.--.»....

Peoriad.

Canada
Oats— Mixed
State

BbU.19Qlbt Bmh.eoiht Buth.tHMbs B\uh.S2 lbs Buah.iSlbs Biu?i.661bs
39,05il
177,4M
1.300.327
1,018,219
16,537
47.884
87,582
272,690
0,020
86,250
14,340
4,820
938
71,(22
67,932
2,565
19,611
1,899
18,300
3,365
313

Toledo
Frl.,

!26.

1

J

at—

Milwaukee

Thnrs., June

64 ®
72>2*
76 a
34 a
35 3

Kye— WesttiFu

We

Chloa«o

Wednes., Jnne23.

Corn
Western Yellow

75 » 97
95 3....
93i3» ao^a
80 al 10
00 91 08

36
White
38
No. 2 mixed
34^9 35
Oorn— West, mixed
52 9 61
No. 2 white
3t>
»
West. mix. No. 2.
60>s9 61 12 Barlev -No. 1 Canada
a
White Southern..
....8....
No. 2 Canada
a
Yellow Southern.
....9....
State, two-rowed
a
Western wUte...
65 » 70
State, six-rowed
a
movement
The
of breadstuffs to market is indicated in the
statements below, prepared by us from the figures of the New
York Produce Exchan53;e.
first give the receipts at Westera
lake and river ports, arranged so as to present the compara
tive movement for the week ending June 21 and since Aug. 1
for each of the last three years:
Whit«
White No,

Receipti

Jan.-Feb
Feb.-March.

iXXVin.

[Vol.

Waeai—

'

6 02

4

THE CHRONICLE.

^-Z

Dec- )un

—

.

last

Barleu,
busk.
12.173
33.397

four
Rye.
biisk

80.872
53.591

2i.l:rd

163.0.53

58.749

259,157

rot.,4w. 701,509 4,62?,5-i8 8.787.78 * 5.3)3.56>
12.452 556.673
l»'li«'83. 57i,015 26)7,3J0 9,814 77u 4.41J).801
9 1,056 417,290
The receipts of flour and grain at the seaboard ports for the
week ended June 21 follow:
rionr,
Wheal,
Oorn,
Oats,
Barley.
Syr.,
btt.fth.
Ai
obis.
hngh.
bufth.
buth,
bush.
,s3,138
N<>w York
9132.i
150.159 674,241 772.4.10
lioston
6,7.:)0
58,831
434, 325
80,4110
500
960
6-5
Portland
9.400
6,300
'556
Montreal
19,339
91,120
91.368
78.089
3,550
Pliiiadelphla... 14,435
4 .000 107.900 120.600
4,200
Baltimore
19,563 216,090 19^.875
23.478
70,174
New Orleans... 12,096
211,333
38,897

—

1

Total week... 208.082

505.00» 1.721,44 > 1,120.214
8,250 165 99q
846,964 2,078,524 739.251
9,475 53.80
The total receipts at the same ports for the period from Dec.
24, 1883, to June 21, 1884, compare as follows for four years:
Ooc,

week

'83..

193.035

i88:<-84.

Flonr

Wheat

1882-83.

5.942,934

6,733,400

bnsh. 10.137,512

24,235,988
45,369,797

bbls.

Corn
Oats

26,261,710
13,262,084
2,399,553
2,037,804

Barley
Rye....
Total g a.n

.,

60,691,073

1881-82.
5,331,976

If80-81.

6.111,577

16.505,22 1
18,637.38^
11,830,118
2.263,514

829

779,705

40,199,287
48 967.214
12.483.9 i9
2,0 JO. 187
875,480

86,149,373

50,015.976

104,546,167

12.8-i0,935

2,16;,S24
1,49

>,

Th? exports tri'in the several seaboard ports for the week
ending June 21 .8 ;4, are shown in the annexed statement:
Exports

from —

Flour.
Bbls.

NiwYork
B

iston.

P

rtland
mtreal.

P

iladel..

M

..

B atim're

N

Ori'ns

.

61,129
46,593

14,108
721
6,210

Bush.
535.922
70,832

132,584

1883.

97.239

Com.
Bush.
522,811
117,225

OaU.

Rye.

Bnsh.
291,919
195

Bush.
114,026

Peas.

Bush.
3,474

49,414

1,5.135

72

2.127

400

41,860

108, ^00
194,92'>

748,023

900.757

292,586

142,826

6,226

607.044 l.lOi.735

1.919

128.5 '7

4n.«U

520

T ,tal w'k.
S me time
.

Wheat.

2,752

28,300
..*..

1

1

Junk

THE ('HRONrCLR

S8, 188-1.]

We

Tlie deatinatioD of these exports la aa below.
oorrespouding (wriod of last year for ootnporison:
Flour.

add

th<

Nove

1884.
Wttk,
June-il.

WSmt.
1883.
Wt»k,

Junt

Contln'nt

Bbit
90.013
3.703

8.&('.Aiii

7.:i2»

Cn.Klng.

W.

Oom.

By

oor,

97,239

•''una

864.71.%

883,313

1R8S.
WuJe.

Wok.
June

£3.

Jituh.

21.

300,018
212,332

Bu*A.
B8H,103
40,119
16,817

"'i'.'ioj

l-',0.t8

June

'J3.

RhS.
773,171

809 170
13.00!l

U,32U

000
718.028

607,041

movement

week's

tliis

1884.

Wfk,

21.

13,.')0l

600

adding

1883.

Buth.

1.020
8.401
9.8 in

132,1)84

Otb.o'Dt'a

Total.

June

23.

Khlf.
03.1!»7

i.'i.no?
15.•i.^2

Iiullpii

Brit. Col's

1881.
Wetk.

06O,7B7,l,103,73a

we

to our previous totals

have the following statement of exports since September
this season and last season:
Hour.
BcTart*t^nc^

1S»8^81.

to-

Sept. 1,

t«

••kipt. \

June

Stpt.

1883«1

1 (0

June

81.

Bblr.

Un. Kingdom
OoDUnent...
8.* C.Am...

WhtaU

I88»«3.

Sept.

Sept.

tn

Jnnt

23.

1

I8»»«3.

In

Sept. 1

June

21.

1/.

23.

Bmh.

nuMh.

22.081.81.3

8,),30».757

401514
SS2.U0

16,075,679

il6,3l«,02B,

2S,9)3J108
7,430.091

20.918.386

aU3.081

130.186

1.17«.8tt0

8r2.0«0

7.'.flO«

050.471

BiMk.

B1>I».

S71.3II

Indies.

891,881

Cornlu

181,«93

Oth. oountr't

Stf,098

744.400
610,811
80,218

0,218.639

7.485.8 !7

...

June

5.237.1W

Brit.

The

S«pM

188S41.

1.UI.M2

WMt

Total.

to
21.

1

Jane

23.

1,

Cbrn.

1S8»88.

JJii»
88.888

Biuk.
«,014.l«2

813,W8

8.010

Ifl.IU

1811.002

88.449

17,507

297,166

li!I,80S

I40,6«il

37.I74.W5 80.144.150 321154.227

38.877.h7.)

supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and Ht-aboard
ports, and in transit by rail and water, June 21, 1884, wiis as
visible

rollows:

Com,

Wkeal,

tn store atr-

Now

Do afloat

Oal;

btiMh.

York

(est.).

Albany

Barley,
6ujA.

bu»h.

1.321.080
64,000

862,173

L.'iOO

39.1,000

Bft.
bueh.

915,088
64.000
2S,^50

Buflalo.

769.309

7,880
55,032

Cbtoago

5,3.j(i.^38

2,'J74,3D1

Milwaokee
D.UuUi

303,813

1,06.^,219

5,501

880

2.>,4-18

5.4S0
10,000
5 JO
17.329
187,986

1,201

300
13.J.6.30

26,619

1,402,009

Toledo.
Djtrolt

43ti.70l

254.267

3s",di3

Oiwe^o

1S6.423

65,3 iS

27,016

267

1,656

1-24.700

64,449
690,180

2,4."j0

20,27.^

11,300

7,233

41,-250

503

15,228

2S.721
4.011
2,3J0

11.234

S;.

Loulg

267,807

t'lncinuati

57.M31

62,65!)

Boston

3-2,778

51,300
125,661
412,005

252,S>6
3,200
1?0,362
96.1S4
23,329
7.100
78.231
237.003

393.742

110,10.1
l,59.),477

T.jrcnto

ll'J.46-2

Montreal
PdUadelphla

236. rJ3
210.2 l.-i

Pdorla
IndianapuUa

Kmsas

O.iill

City

Baltimore
D jwn Misalsstifpl.
Oarall

Oulake
Ouciual
Tot.
Tot.
Tot.
Tot.
Tot.

990,75
234,160

1,-232,;191
I, (i

.

Jime2l.

'84.

.Iiiuell, '84.

62,30

14.993.05^

500

88.061
79.i5S
209,734
6.816
47.630
1«3 469
107.847
6.500
2,148
11,657
59,053

2S'.272

10.20.
1.931
2,740

20.812

U

43.501)

57,340

8,530,643 3,394,163

167.283
519,706

299.2 ll
317,')82
•171.0

Juue24,'32.

10.814,827 «.l.i0,8l5 3,130.07'2
•20,210,434 14 6J1,577 4.345.492
ICS.i.i,!! i 8,135,320 1,920 495

Jiuie25,'81.

16,370,4S3 13,533.123 7.004,107

21

Jimo23.'fl3.

330

876.1 «.5
72,9
110,68 J

'1

1,87«,1

C

807.803
l«2,52f

103,457
(,037

THE DRY GOODS TRADE.
Fridat, p. H.. Juuo 27, 1884.

There was during the past week a continuation of the quiet
tone which has lately characterized the wholesale branclies of
the dry goods trade, and but
is

improvement in the demand

little

looked for until shortly after the coming holidays.

jobbers

who make a point

Loeal

of closing out their open stocks of

domestics, prints, ginghams, dress goods. &c., preparatory lo

taking their semi-annual account of stock, were enabled to
effect liberal sales of

such goods by means of low prices

the regular jobbing trade was very quiet.

;

but

Business continued

commission houses representing domestic manufacand transactions with importers were few and unim-

light with
turers,

portant.

An

blankets

was the main feature

auction sale of about 3,000 packages colored
of the week.

The

sale

largely attended by buyers for all sections of the country,

the entire offering

was disposed

of,

prices realized were unsatisfactory.

and well
There

a very

sentation of package buyers in the market, most of
to be in very

good

spirits,

begin operations for the
financial upheaval

was
and

distributed, but the
is

fair repre-

whom

seem

but they are evidently indisposed to
trade until later on, the late

fall

and some impairment of banking

facilities

having rendered them exceedingly cautious.

Domestic Cotton CJoods.

—The

exports of

domeatics for

the week were 3,088 packages, the principal shipments of

which were made

as follows

:

Oreat Britain,

1,826,

U.

:

,

S. of

77J

.iiwnwia t78, MjuUcaaear MO.

Scotia 100, th« romiilndrr hnvloK
parcels to other mark«i«. Tli»r« wa*

SxportM

forwtek
to—

i-i

»»>.-ii

U»jtim,tmti
"'rrT*tVnmntlm

a <»nUiiu«Kl lt«li| 4*.
manil forlwowo and hlvaohcd Koo<i« at Hrat
hand*, aixl moH
deaoriptionR of uolon-d cotton* wera
to maacn raqawt ; biit a
fair biislncM Was done in oolton
flsnnali. and towards th*
close of the week an enlarged movement
In owtoln malM oT
tickings was stimulated by lower pricm
Print eloUta ruM

quiet and easy, at

3?,';. leas 1 per OMit for «lx(tl "ep.Am."
iUc.
OtxOl funirm to 8opt*mbM," and 3/,r. for
MxAOa,wlth
more sellers tluin buyers at these qii'Hatlons. I.lijht printo wrra
very quiet, but there was more Inquiry for dark
fancy prioia.
resulting in a moderate liusineM; and printed lawna
oootiRaad
in good request for this limo of year, aa
wtn ipiaJilHsa

flat for

in

ginghams and woven wash fabrics,
DoMEMTic WooLKN (»rx)D8.-As a whole the market for
woolen goods was very qniet. Tranaaotiona ia man's-wattr
woolens were chieHy confined to a few of the moat popvlar
makes of fancy caasimeres, worsteds and overooatiiigs, and
the movement in this connection was mainly reatrietad
to
making deliveries in execution of back orders, Satineta »«ra
more or less sluggish, but a fair business waa done in K«ituoky jeans by agents and leading jobbers. Jeraey clotba
and stockinettes ruled quiet, and there was only a limltad'call
for cloakings, and ladies' cloths, but more attention was paid
to repellents by intending buyers. White blankets met with
increased attention, and there was a somewhat freer roorament in while and colored ilanneU, though the damaad liaa
not become general as yet. Shawls and skirts were in maafra
request, and seasonable worsted and all-wool dreaa fabrioa
» ere quiet in first hands, but some fair orders for fall dl«M
goo-is, as cashmeres, baiges, &c., were pliced with agents.
Wool hosiery was fairly active and steady in price becatuj of
light stocks on hand, but shirts and drawers continued qniot
and in buyers' favor, owing to a redundant supply.
FoaEiGN Dby Goods.— Aside from a very few specialtiea
required for immediate consumption, the demand for imported
goods was very light, and no new features have been developed
in this branch of the trade. The auction season has practically
closed, the offerings of the week having been cliiefly composed
of 'odds and ends" from the stocks of importers, moat of which
were sold at relatively low prices.
Importations of Drj Goods.
The Importations of dry goods at tliis port for Uie week
ending June 26, 1881, and since January 1, and the same facta
'

for the corresiionding periods of 1383, are as follows:

:

;

:

THE CHRONICLE.

772
'gitmnci^l (^ampvmUB.

"gxuBt &omvmixf^3.

BOKDS OF SURETYSHIP.

The Union Trust

The American Surety Co
No. 160 Broadway, Nenr Tork.

Cash

$500,000

Capital,

Will act as surety for Officers ard Employees of
Banks, Railways. Kxpress and Telegiaph Companies,
CorporationB ;ind Business Houses, and will gujinintee the fidelity of persons holdinp positions of trust.
This Company will also act as surety on Bonds required in the Courts, Bonds of AdminiBtrators,
Ciuardians, Sheriff and undertHkinps.
It is the first and only Company orgranlzed in the
United States devoted exclusively to the business of
«uretyabip.

OFFICERS:
RICHARD A. ELMER,

LYMAN

FII>EL,ITY
No8 214 & 210

W, BKIGGS.

&

CASrAL-TY

CO.,

BROADWAY, NKW YORK.

Banks, Railroads and Express Compaand Clerks of Public Componles. Institutions and Commercial firms, can obtain
Offlciais of

BONDS OF SURETYSHIP

CASCJAI^TV DEPARTTWENT.
Policies issued against accidents causing death or
totally disablinK injuries.
Full information hs to details, rates, &c.. can be
obtained at head office, or of Company's Ajienis.
Wm. M. RiCHAiiixs, Prest. John il. Crane, Sec'y.
KoK'T J. Hn.LAS, Ass't Secretary.

DIUKCTORS:

<Jeo. T. Hope,

W. G. liOW,
Charles Dennis,
Alex. Mitchell.
J. D. Vermiiye. S. B. Chittenden.
Coe,
Wm. M. Richards.

David Dows,
A. S. Barnes.
J.S.T.Stranahan, H. A. Hurlbut,

O. G. Williams.

A. B. Hull.
Geo.

S.

[Bonds ofSixretyship.
NO OTHER BUSINESS.

Tbe

Griiarantee €o«

OF NORTH AMERICA.
$300.^^00
40o.<K>0

Oish A eeots
Deposit with Insurance Department
President

ai4,u00

.

Vice-President

ALEX. T. GALT.
Hon. JAS. F£ltRIBR.
Managing Directrir: EnwAlti) Rawlings.

known to the law.
All trust assets kept separate from those of the

fully the duties of every trust

Company.

Burglar-Proof Safes and Boxes (having chrome

NEW YORK

D.

J.

OFFICE:

BROAD^VAV.

TOMPKINS.

annum,

Secretary.
Drexel. A. L.

Hopkins, H. Victor Newcomb. John Pnton, Daniel
Torrance, Edw. F. Winslow. rrastus Wimun.

JAS. LONG,

Pres't.

MAHLON

S.

OF NEW YORK,
No. 49 WALI. STREET.
Capital,
Surplus,

&

V.-Pres»t.
Secretary.

Trust Officer.
Directors.— James Long. Alfred S.Gillett, Allison
White. Chas. P. Turner, M. D.. William S Price. John
T. Monroe, Jos. I. Kecfe, Thos. R. Patton, W. J.
Nead, Jas. 8. Martin, D. Hayes Agnew, M. D.,
H. H. Houston. John G. Reading, Theodor C.
Engel, Jacob Naylor .Samuel Riddle, Robert, Pat-

PHILADE1.PHIA; Gcorge W. Reily. M.

terson.

Harhisuurg; J.Simpson

BAGS, "AWNING STRIPES.

A fnll aapply, all Widths and Colors, always
No. 109 Dnaue Street.

York, Boston, Philadelphia,
8BLMNG AGENTS FOR LEADING BRAND8

BLEACHED SHIRTINGS
AND SHEETINGS,

BROII'N &

PRINTS. DENIMS, TICKS, DOCKS,

JOHN A. STKWAUT. President.
WII.I.IAM 11. MACY. Vice-President
JAMES S. Cl/ABK. Second Vlce-Pres't

L.

Drills, Hhettinga,

;

'

HENRY L. TIIOKNKLI,, Secretary.

LOUIS

a.

HAMPTON,

The Brooklyn
Cor. of Montaffue

& <^IInton

Assistant Seoretarj

Trust Co.

Brooklyn. N. Y.
This Company is authorized by special charter
set as receiver, trustee, Kuardlan. executor or ad
sta.,

mtnistrator.
It can act as a^ent in the sale or management of
real estate, collect interest (»r dlvide»a» receive
registry and tmnHfer Ixtoks, iir make purchuiM* and
•ale of Government and other securities.
Keitiinmr- ana chHrnahle institutions, and persvns
tuiaccustomed to tii« tnmtaction of business, will
find this Companv a >*afe an<i i-onvenient deposlttry
ilor money.
RIPLKY ROPKS. President.
\V.C(lUL.lKti. Vice-Pres'l

KDMUND

O.Low. B. F. K no wit on, H. E. Plerrepont.
Alex. M. White, John T. Marttn. Henry K.autsiaon.
A. A. Low.
Wm, C. Kln^isley. C. D. Wood,
Alex. McCue,
Fred. Croui^eli Wm. H. Male.
Mlch'l^Chauncev.j^. n

f

.

nuiib,

Wm. B.Kendall, E. W. 'tHps.
KIPLEY
_
rout IIS,
EDJirNi)
W.

Jab. r.

Ctrl'

Hpnrv

**»nKor,

Riiiey R<

ASSETS $14,583,444 S3.
INSUitE LIVES, GRANT ANNUITIES, RECEIVE MONEY ON DEI'OSIT. returnable on de-

mand, orou which interest is nliowed, and are empowered bylaw to act as KXECl'lOUS. AIJ.MINISTRA-

ASSIGNEES,

COMMITTEES. HECEIVEKS. AGENTS,

etc..

CHICAGO.

The

THE PURCHASE AND SALE OF

ORAIN AND PKOVIMOKS,
on the Chicago Board of Trade, for
delivery, a specialty.

Brown,Wood& Kingman
SELLING AGENTJ FOR
Geo. H. Gilbert ni'c Co.,

inc«_'me of parties residing abroaid carefully

collected and duly remitted.
SAM'L H. SHIPLEY, President.
T. WISTAR BROWN. Vice-President.
S.

WING.

ArIIn;:ton mills,

Metropolitan Trust Co.,
New

York.

J.

BRITTIN.

fi*M're>t^rv.

Mt^ttisUips.

Viro-Presideut.
KAir, Secretarr.

'
.

53
35

&

&

43

&

Street,

and

37 Thomas Sireet,

45

White Street,
YORK,

15

Chauncet Street,

NEW

BOSTON.
AGENTS FOR
Ocean mills Co., Atlantic Cotton mills,
Peabody mills, Cliltopee mi'g. Co.,
Wlilte mtg. Co.,
Ilerton New .mills,

Saratoga Victory mii^ <:o..
Hosiery and Yarn mills.

OFFICE
CARPETS.

France.

GENERAL TRANSATLANTIC CO.
NEW VORK and HAVRE,

HOUSEKEEPERS AND OCCUPANTS *F

KICKS

Pier (new) 42 North Kiver foot of Morton St.
Travelers by this line avoid botb transit by KnKllsh
Hallway and the discomforts of croBsInu tbeCbannel

Misflt <:irpet Store. 114

l<"rom

OF-

Before boymg your carpets,
tjike notice.
Linuleum.Oilcloths, or Mattings, call at BENDALL'S

Between

II

Worth

<

Joy, Lincoln & Motley,
8FCCE880K8 TO
E. R. nUDGE, SAWYER & CO.,

01WL.Y

Direct Line to

U

NEW YORK

91.000*000.

Designated as a legal Depository by order of Supreme Court. Receive deposits of money on interest.
aot as fiscal or transfer ligent, or trustee for curpora
tlons and accept and execute any legal trusts from
persona or corporations on as favorable terms bB
other similar companies.
HILLHOUSE, President.
FREDERIC D. TAHPEN. Vice-President

THOMAS
WALTKK

Frociiiaii mi);. Co.,
mii:. <w., JaiiieK Fliillips, Jr.
Filcliblir;;
orstrd <'o.,
George Whitney, Cuiitiiieiital JIIllls,
Iiincolii mills.
BOSTON, 31 Bedford 8tr.-, t.

Kenlrew

Vice-President and Actuary.

Mills Building, 35 Wall St.,

cash, or future

8pecial information, indicating course of markets,
freely furnished upon request.

for

the faithful performance of which their capital and
surplus fund furnish ample security.
All trust funds and investments are kept separate
and apart, from the assets i>f the company.

KuUon

St..

basement

floor.

small boat.

A BRA DOR,

gttblicatious.

!*T.

The Compa^nie Generale Transatlantlque

New York, Pier 42 N()rt.h Kiver, foot of Morton 8t,
at leaat two hours before the departure of a steamer

liOVlS

[READir

H Jlow'IStio-

Railroad Securities

JULY,

<:r4>f^n

ESTABLISHED 185S.
EUGENE R. COLE, Successor

Sears

Jtll^Y IS.

HA.IV13-I300K:

DE BEBIAN, Agent,
N*».

ABOCT

delivers

at Its office in New Y<irk special train tickets from
Elavre to Paris. BuRKaKe checked throuRh to Paris
without examination at Havre, provided passengers
have the same delivered at the Company's Dock In

to

1884.

DESCRIPTION IKCOME
;

& Cole,

PRICES; DIVIDENDS.

STATIONER AND PRINTER,
Supplies Banks, Bankers, Stock Brokers and Corporations with complete outfits of Account Books

and Stationery.

S:^" New concerns organizing will have their orders promptly executed.

)K'S,

ROl'lS Pr.sulent,

Co.,

Mo., 22d. 1865.

(CHARTER PERPETUAL.)
$1,000,000

TKUSTEE8:

Joslata

&

(Established 1865.)

Collier
Wed., July 8. Noon.
(iEKMAl.N. 'I'raub
Wed..July H, 8 A. M.
Thomas Slocomb. W. \V, Phelps.
.N A DA, Keraabiet^A
Wed., July IH, 11 A. M.
Charles K. Bill.
D. Willis James.
Prick of 1'A^*^1A«K— (including wine): To HavreWilson G. Hunt, John J. Astor.
first cabin, $100 and tso; second cabin, »60: steer'
H. Macy,
John A. Stewart Geo. II. Warren. HKe, liifv— including wine, beduiui: and utensils. ReClinton Gilbert, S.M.BuckinKham'Uieorue Bliss,
turn tickets at very reduced rates. Checks '>ii Banque
Daniel I). Lord, |H. K. l.a*.rence, William Libbey,
Transatlantique, Havre and Paris, in amounts to suit.
George T. Adee, Isaac N. Phelps, John C. Brown,
Samuel Sloan,
Erastus t'onnn*;,! Kdward ('ooper,
Special Train I'rom Havre to Parla.

Wm

for Export Traile.

Everingham

CAPITAL.

J>

B. Chittenden.
John ll.lthouuer
Anson P. 8tokee.
Robt. B.Minturn
9.

<*«.,

& Trust Co COniniSSION mERCHANTS,
126 La Salle Street,
OF PHILAOELPHIA.
(ADJOINING CHAMBER OK COMMERCE),
Incorporated Third

'n

TRI'STEKS:

Dan. H. Arnold, James Low.

*0.

XHE
Provident Life

S.

;

the whole time they may remain with the company.

money.

Co.,

New

receiver of estates.

Executors, administrators, or trust.ees of estates,
and females unaccuslomed t<i the transaction of business, aa well as reliKiousand benevolent institutions,
will find this company a c<invenient deposit^jry for

Id stock

Towels, <tnllt«,AVblte Goods &. Hosiery

This company is a ICKal depository for moneys paid
into court, and is authorized to act as KUardian or

INTKK15>T AIJ.OWBU ON DEPOSITS,

Fabyan &

Bliss,

D.,

HrNTiNfijiox;

Africa,

(7NITED STATES BUNTING CO.

Eckcrt, Reading; Edmund
R. E. Moi;aghan, West
S. Doty, MiFFl,iNTOWN
Chester W. W. H. Davis. Doylestuwm i Chas. W.
Cooper. AIXENTOWN.

HlesterCIymer, Henry

$2,000,000
3,518,036

which may be maae at any time, and withdrawn after
five days' notice, and will be entitled to interest for

kinds of

CANVAS, FELTING DUCK, CAR
COVERING, BAGGING, RAVENS DDCK, SAIL
TWINES, *C., "ONTARIO" SEAMLESS
Also, Axents

IIIESTER CLYMER,

STOKE-^. Treasurer

PATTERSON.

D. R.

PAID UP CAPITAL.

United States Trust Co.

And all

COTTON

Fire and Burglar-Proof Vaalts^

ASA

New York Directors— Joseph W.

COTTON SAIL DUCK

in their

protected by Improved time locks.
Wills kept in Vaults without charge.
Bonds and .stocks. Plate and a]l valuables securely
kept, under giuinintee. at moderate charges.
Car trusts and other approved securiliea for sale.
Money received on deposit at interest.

Silt

NO. 178

Co.,

Mannfacturers and Dealers tn

;

terest

TURS, TRUSTEES. GUARDIANS,

•Cash Capital

&

Takes chanre of property collects and remits inand income promptly, and discharges faith-

(i^vtvAs.

BrinckerhofF, Turner

appointee.

nies. Manai^ers, Secretaries,

ftvm this Company at moderate ciiarpes.
The bonds of this Citmpany are accepted by courts
of the State of New York.

Co.,

Authorized Capital
11,000,000
Paid-up Capital
500,000
Charter Perpetual.
Acts as Executor, Administrator, Assignee, Receiver, Guardian, Attorney, Agent, Trustee and Committee, alone or in connection with an Individual

steel doors) to rent at $5 to $60 per
new and elegant chrome steel.

President.
Vice-President.

ei'OmmcvcinX

AND 613 CHESTNUT STREET,
piiiLAi>E:i.pmA.

611

XXXVm.

[Vol.

Wo.

1 i;VIJLLIAin STREET,
KHANOVER SQUARE.)

Price in Red Leather Covers, • • $1 00
75
To Subscribers of tlie Chiouicle,

WIIiLIAm B. DANA
79

&.

81

tc

CO.,

WILLIAM STREET, NEW YOEK,

^J
——

THE CHRONICLK

insnvaucje.

luBuvaucc.

The United
OFFICE OF THE

ATLANTIC

tfottou.

States Life

Insurance Co.
THK OIT¥ OP NBW YORK,

IW

IN

(()II(IAM7.ICI>

&

201, 202

New

York.

n. BROBNAN, PrMldait
rBALIIOH, Hoo'r. A. WllMLWHIOdT. AwtBee

Mutual Insurance Co.,

C. P.

(ill). II.

an

Bjr

ntTiiniui), Aetnar;.

of tha I,«alil>tnra of thu 8t«t« Uito Companjt'a chiuter
to •iaenil«4 In laM that hnmitt
all the profita ahall
to tho polloT-taoldan •>•

NKW

uii

Murine

Ut JimuHi-y,

Rigl<B

from

1883, to 3l8t De-

cember, 1883

94,168,053 10

Premiums on Polleles not marked
off Ist

January, 1883

Premiums marked

off

$5,708,185 63

from Ist

January, 1883, to 31st December, 1883
$4,260,429 93
Iiossea paid daring

the same

period

Ketums

Mong

All PollolM hwoeforth Uraed
far anr oaiiu after tluM J^tn.

Death Clalmi paM at oDoe

Premiums and Ex-

penses

$850,080 76

The Company has the following

York

Stock, City,

HtUtkatorj

IMI.

IWS.

Insurance Written. .. .ta R00,000 00 »B.88I,000 00
nturitnoe In force
lo.TSO.ooo 00 IdJOO.Ooo 00
Aiwots..., .
B.I18,RU4« BriWI>I«4a
Pa;monts to polloj-holdan 4SW,IV»«a
47B,M8I«
Increoao in new bn*lnoi« written In 188B over 18M,
87 per cent.
AOBNTS, dealrtnir to repraamt the CmnpanT. are Invited to addreas J. 8. OAKFNKV.
Bnperintendent of Agendea. at Home OBea.
I

otherwise
Real Estate and Claims due the
Company, estimated at
Premium Notes and Bills Ro-

1,956,500 00

1,588,306 79
335,710 6

CashiuBauk

Amount

LIFE

OF NEW YORK.

CO.

WINSTON,

LIFE&ENDO WMENT POLICIES
ORGANIZED APRIL

Assets,

-

BIX PER CENT INTEREST on the outstanding certificates of profits will be paid to the holders thereof, or their legal representatives, on
and after Tuesday, the Fifth of February next.

THE OUTSTANDING CERTIFICATES

of

the issue of 1879 wrill be redeemed and paid to
the holders tliereof, or their legal representatives, on and after Tuesday, the Fifth of Fob
maiy next, from which date all interest thereon
will cease. The ccrtillcates to be produced at
the time of payment and canceled.

A DIVIDEND OF FORTY PER CENT

the Board,

& Co.

COTTON.
AilraneM mad* on CnniUniaenU of CoUea. Co»i
trHct.<i for PDtar* Dollrarr of CottOD ko^Bi
^lA
sulil ou eonuoiuloa.

&

D. Jones,;
Charles Dennis,
W. H. H. Moore,
Charles H. Russell,

Horace Gray,
Edmund W. Corlles,
Adolph Lemoyne,
Robt. B. Mlutum,

James Low,
David Lane,
Gordon W. Bumham,

Cbai'les H. Marshall,

John Elliott,
James G. De Forest,

Wakefield,
1¥

General CommisHion XerchaatB,
84 Bearer St., New Tork.

mo.

ir.

M-LXMriMT.

TI7LU8.

W.

Tullis

&

12 OLD SLIP,
NEW TORE,
AND NORFOLK, TA.
Special attention given to the execution of

orders for the purchaae and sale of CoUon. Grain
and Provisions for future deUvenr. Llt)eral advances
made on oonalgnmenta.

Koa. 31

dc

&

Co.,.
COMMISSION MERCHANTS.
No.

Brothers,

BROADWAY.

18

Liberal advances made on Cuttoo
Special attention flven to orders toe enotracta ftv
fntnre delivery of cotton In New Tork and Uvarpoai

Wm.

Felix Alexander,
COTTON BHOKKH,

Jons M. BwEX.

Jb.

Ewen

Co.,

EVFAVI^A, ALABAMA.

Co.,

NO.

TRUSTEES,

&

C O T T O

Sawyer, Wallace

nERCHAKTS,

COIIIi«IISSIO>r

Secretary.

NEW YORK.

116 CIIKST.VUT STREET,

PIIII.ADEI,PIIIA.

tW

Vr.,

COTTON BUTER8.

AUGUSTA,

CiiEORCilA.
CoTTOM

Entire attention vlven to puroliaw of

COTTON BROKERS,

Benjamin H. Field,
Josiah O. Low,
William E. Dodge,
Royal Phelps,
C. A. Hand,
John D. Hewlett,
William II. Webb,
Charles P. Burdett,

PBARI.

141

COTTON COMMISSION MERCHANTS

Rountree

CO..

Henry M. Taber & Co.,

Tno.

succEsaomi to
CT-AOnOR.N, UEKUING 4 CO.,

Wakrkn Ewex,

U. B. CHAPMAN,

Wm. Sturgis,

M WAixnanrr.

LIteial advanoea made on eoUon ao
Bpeolal attention (tvan to ordan flor <
tntnra datlvarr of eotua.

Edward H. Coates

is

declared on the net earned premiums of the
Company, for the year ending 31st December,
1883, for. which certilleates will be issued on
and after Tuesday, the Sixth of May next.

LITBRFO*b,
aM oOar n'l !_

Baeatva aondcnnanu of Cntton

Tuttle

14. 1842.

i^aXXon.

No.

Oaltwioa. TexMU

COMMISSION MKKCHANT8,
IT Walor Mraot,

$101,148,248 25 And

-

Co.,

B.F.BABCOCK&CO.

President.

ISSUES BTERT DESCSIPTIOXT OF

$12,972,312 47

A. A. Raven,

JcmlgQB.Grof c A

Rates Lower than other Companies,

ceivaule

J.

COTTON COMMISSION MEBCIIAMTi^
No. S3 WllUam M., Now T«rks

ABOOCK BROTUBU A

MUTUAL

425,C00 00

^aaf

& Co.,

Jemison

S.

THE

$3,666,795 00

parakM* mtt

BANKER*

GOOD

F. S.

other Stocks

By order of

E.

Bank and

Loans secured by Stocks and

""^

Mpeetal atlanllon |<vaa te tiM

ir*RB«

AID

u

OoMPABisoN or BijiiHns roa Two TiAWk

United States ai'd State of JSew

NKW

Mo. SI atoBo ainwt,

un tneoDtwUM*

ioon

New

INSURANCE

Assets, \iz.:

u

proof! are received at the Home Oince.
Absolute Mcurttj, oomblned with tta« largMt Ubsrallty, Miurm tha popnlarlty sad nieoaaa
of thU Co.
All forma of Tontlna Pollelaa lanied.

$1,901,042 38
of

Cotton ConimlMlon Xprrkaata,

cluRlrelj.

1,530,232 53

Total Marine Premiums

Co.,

6c

ii«t

wu

YORK, Jonnnry 24, 1884.
_rhe Trusteeo, lu coiifonulty to the Charter of
tlio Company, Biibiiilt the foUowlnj^ Statement
of Its ullnlrs on tlio 3Ut December, 1883:

Robert Tannahill

INBO.)

2«8 Uroadwsy,

T.

Premiums

Hf

33 Broad Street,

TO ORDBR

for

«!MNNKB!< and KXI'DBTEItd.
'NDE.NCK SoI.iriTKO.
nnl Bank ut Ausicta. 47a.$

KKFE):

rommLuton Merc-hanta. ?(aW
Henry it
York Wiiiiiim H. liana * Co.. Prapnatan Coims* rwAxciAi. CBBoaiCL^aD* ettar Maw TeA
Bonaab
.

i

CLai.

NEW

YORK.

Gwathmey

&

bless,

JOHN

conmissiox niERcnANTS,
No. 123

PEARL

ST.,

NEW YORK.

Orders for future delivery of Cotton ezecnted In
New York and Liverpool; also for Grain aad Provisions In New York.

diaries D. Levertcb,
William Bryce,
WllUam H. Fogg,
Thomas B. Coddington,
Horace K. Thurbcr,
William Degroot,

F. Hoffmann,
COTTON BROKER AND AGENT
38 RVE DE I.A BOCRSB, HATBB.

John L. Riker,
N. Denton Smith,

James F. Wenman & Co.,

George Bliss,
William H. Maoy.

COTTON BROKERS,
No. 113

PKAHL STREET,

IT.

CLISBV

II.

4t

CX».,

COTTON BUYERS,

nONTCOHBBV, ALA.
PrarnAsa oitlt

o!t

OauSBa toR a roMMiaviaiv

Geo. Copeland

&

Co.,

COTTON BROKERS,

(

ISS PEARI.

STREET,

Waldron
COTTON'
ST

&

NEW TO)

Tainter,

E KCII A.\T>,
PKAKL vritKKT.
.Tl

T.

JOSEPH CI LLOTTS
WALTER &KROHN,
STEEL PENS .
Established (In Tontlno BuHdlng) liUO.

JOHN D. JONES, President,
CHARLES DENNIS, Vice-President.
W. H. H. MOORE, 2d
A. A.

COTTON BROKERS,

Vioe-President.

RAVEN, 8d Vloc-Presldent,

63

BEAVER STREET, NEW XOBK.

W^

SoioBv ALL DEALERSTwwuokwtWWO
COLD MEDAL PARIS EXP0SmONyia7<k

,

THE CHRONICLK

TIU

®J3tt0tt.

&

Woodward

[June

®0tt0tt.

plisjccXIanje0tts.
Walter T. Batch.
Nath'l W. T. Hatch.

Stillman,

MERCHANTS,
Post Building, 16 & 18 Exchange Place

INMAN,SWANN&Co

LOANS MADE ON ACCSPTABLB SECURITIES.
Special Attention to Orders fob Contracts
FOB Future Delivery ok Cotton.

8 Soutb William St., New York.
EXECUTE ORDERS FOR FUTURE DELIVERY

C O T T
LEANS COTTON

Street,

at the

Orders e^-ecuted at the Cotton £4xchanges in

C.

& Co.,

Hopkins, Dwight

COTTON
134 px:ari.

No.

street,

CUICAtiO BOARD OF TRADE.
Correspondents

Messrs. Smith, Edwards

&

Messrs. Satnuel H.

132 PEARIi

Buck &

ECRE, FARRAR &

Price,

CO.,

Cotton Brokers

FEKQUS REU).
I*rice.

&

Reid
&

Co.,

Coiiuuissi<.)n

Merchants

NOUFOIiK^ VA.
Ijiberal

advances made

i>n

&

Schroeder

OF NEW YORK.
OFFICE 119 BKOADWAY'.
cash CAPITAL
»S,OOO.noo

Cash Assets, Jan.

Cotton eonsiKnments.

& Gwynn,

&

WELLES BDLLOING, 5 BBATEB STREET.
New York.
E. A. KENT ft CO..
POOLK. KENT & CO.,
CHICAGO.

YORK.

&

Co.,

John C. Graham

RANKERS
AND

ST. LOUIS.

$7,402,751

Company

Insurance

OF HARTFORD.
Assets January

1, 1884
unpaid losses
and re-insurance fund

Liabilities

$9,192,643 80

for

1,923,185 95
4,000,000 00

Capital

NET SURPLUS

$3,269,457 8S

No. 3 Cortlandt

St.,

New

York.

JAS. A. AI.EXANDER, Asent.

North

Co.,

COTTON BROEEHS,
New York.

125 Pearl Street,

Orders for Spot Cotton and Futures
executed.

Bullard

&

promptly

NEW

Mercantile

Co.

Ins.

OF

LOIVDON AND EDINBDRGO.
United States Board of Management,
Solon Humphreys. Cli'r'n. (E.D. Morgan &Co,»
David Dows, Esq. (David Dows & Co.)
E. P. Fabbri, Esq. Dreiel, Morgan & Co.)
Hon.

H. B.

Chittenden.

Ezra White, Esq.
J J. AsTOR, Esq.

CHAS.

E.

Wheeler,

WHITE, SAM, P. BLAGDEN
MANAOBBa

Olllee,

119 niAIDEN liANE,

COTTON COMMISSION MERCHANTS
No. 18 WlUiam Street, New York.

&

British

NJEW YORK:

&

Dennis Perkins

16 and 18 Excbange Place,

NEW

1884

iETNA

IN

GRAIN, PROVISIONS AND COTTON,

AND

Post Building,

Co.,

1,

J. ITIARTIN, President.
WASHRITRN, Secretary.

GominissioN kierchants

COTTON FACTORS

COMMISSION MERCHANTS,

H.

J.

signments.

A. Kent

00

Reserve for Unearned Premiums
2,4i*7.6^ 00
Reserve for Unpaid Losses and Claims.
S27,H77 04
Net Surplus
1,867.240 07

Co.,

Special attention paid to the execution of orders
for the purchase or sale of contracts for future doUvery of cotton. Liborul advances made on con-

Company

Insurance

CHAS.

COTTON COMMISSION MERCHANTS,
POST BUIIiDING,
16 & 18 Exchange Place, New York.

E.

GIVEN TO THE EXECUTION

HOME

JTIAYIIOFF,

WARE & SCHROEDER,

Special attenti*tn given to tlie sale of cotton to
arrive or in transit for both foreiKii and domestic
market^. Correct pond e nee s(»lic!ted.

Fielding

Charles Mavhofp.

SUl'CESSOKS TO

NORFOLK, VA.

Orleans, La.

ORDEE8 for future CONTEACTS.

Orleans.

& 4 STONE STREET, NEW YORK.

Jones,

future delivery of Cotton.

Theo. n. I'KirE.
Late of Euro, Fnrrar &

New

Co.,

VON GUJVDEEE &

STREET, KEVT YORK.

New

Sl'ECIAL ATTE.STIOX

IflEmPHIS, TENN.

Liberal advances niadt! on Ctjtton cimsi^nnionts.
Special attention Kiven to orders for cttntracts for

GRAVIER ST.,

and

von Gundell & Mayhoff,
COTTOIV BROKERS,

G.

ST., 186

York.

Cotton Broker^

Co.,

Liveri)ool.

NEW YORK.

&

PEARL

New

COTTON BUYERS,

orders fob future contracts kxeodted in
New York and Liverpool.

Farrar

123

OP

NEW YORK PRODUCE E.XCHANGK

N08. 2

COMMISSION MERCHANTS,

Hanehanx. Clemens Fischer.

Mohr, Hanemann & Co.

:

New

Hopkins. Lucius Hopkins Smith.
Charles D. Millkr.

H. W.

AI\D PROYISIOIWS

Alfred von gundell.

GuBTAvus

Wm. Mohr.

and

E.XCHANGB, and

the

York and Llverjiool, and advances made on Cotton
and other produce consijjiied to ns, or to otir correspondents in IJvcrpool, .Messrs. B. Newgass & Co.,
and Messrs. L. Hosenheim & Sous.

OR-

K.KCUA.Nli !=;>, Also orders for

COFFEE
NEW YORK COFFEE

ORAIN
at the

INVESTMENTS
COUNTRY BANKERS.

OIVI

NEW YORK, LIVERPOOL AND NEW

at the

UEUBERS OF THE COTTON, COFFEE AND
PRODUCE FXCJIAXOES.
204 Church
Tiew York.

Co.,

COMMISSION MERCHANTS,

K.XCIIANGE PLACE,

Up-town Office, no.

&

Henry Hentz

accounts of

Special attention paid to

WANTS

ItlERCHAlVTS,

Sons,

BANKERS,
14 NASSAU STREET, NEW YORK,

—with interest upon balances.

Abraham & Co., Lehman, Durr & Co.,
New Orleans, La.
Slontgomery, Ala.

No. 40

HaUk.

Personal attention given at the EXCHANGES to
the purchase and sale of STOCiJS and BONDS for
cash or on margin,
DEPOSITS RECEI VED-snbJeot to Check at sight

Kciv York.

IjEBMAN,

COmmSSION

P.

^••
Branch Offices j(!*no
X^i Caapel
P^"I2i'Ji"Z''^
Bt*, New "L*
tiaven

COTTON MERCHANTS,

Cash Advances Hade on Consignments.

LEHMAN BRO'S,
Cotton Factors
AND

Henry

Arthur M. Balth.

W. T. Hatch &

NEir YORK.

COTTON, ALL GRADES, SUITABLE TO
OF SPINNERS,
OFFERER ON TERMS TO SUIT.

3f

64 truilam

St.,

New

York.

YORK.

BAOCINO A%n IROX

TIES,

8ELMA, ALA.; MONTGOMERY, ALA.

(FOR BALING COTTON.)

Buyers of Cotton for a Commission. Orders for Future Contracts executed In New York and Liverpool.

Agents for the following bninds of Jute BaKfCinf^
*HagIe Mills. ""Brooklyn City, ""Geo rKla,""CaroIlna,"
'Nevins. (>." "Union st:ir." "Salera," "Uorlcon Mills,"
Jersey Mills " and " Dover Mllis."

Uommeraa/

'

William H.Beede& Co.,
No.
Special
'

COTTON BROKERS,
5 and T AVII.L,IAin STREET.
attention t'lven

'lelUng of

COTTo-v for

to orders for tlie buying

Future Delivery.

Tileston

NKW

TIES.

BAGGING.
WARREN,

JOIVES

& ORATZ,

ST. LOUIS, Mo.

&

Co.,
KS, BONDS, &.C.,

"•KT.

IMPORTERS OF IRON

YORK.

ted at N. Y. Cotton

Eicb

Mannfaotttren' Agents (or the aale ot Jute

LJ^non Ins, Ua
(OF LONDON.}

ALFRED

BaoHm:

PELL,

Resident Manager.

nirOBTMBS OF

IRON COTTOjy TIES.

No.

4.6

Pine

Street,