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AND
HUNT’S
R E P R E S E N T IN G
MERCHANTS’
TH E IN D U S T R IA L
VO L 44.
AND
NEW
78 TO 86 TR IN ITY PLACE,
NEW YORK.
jr
1
i.
/ B m b ie u Founded 1T9S.
Incorporated nnder I o n o f State of New York, 1858.
Reorganized 1 8 7 9 .
E n g r a v e r s a n d P r in t e r s o r
B O N D S , P O S TA G E & R E V E N U E S T A M P S ,
L E G A L T E N D E R A N D N A T IO N A L B A N K
N O T E 8 of the U N IT E D S T A T E S ; and for
Foreign Governments.
ENGRAVING AND PRINTING,
B A N K NOTES, SH A RE C E R TIFIC A T E S, BONDS
Fo r g o v e r n m e n t s a n d c o r p o r a t io n s ,
D RA FTS, CHECKS, B IL L S O F EX CH A N G E,
STAM P S, Ac., in the finest and most artistic style
FR O M ST E E L P L A T E S ,
tflth SPECIAL SAFEGUARDS t o PREVENT COUNTERFEITING.
Special papers manufactured exclusively for
use of tlio Company.
S A FETY PAPERS.
_
D I A M O N D S .
C A P IT A L ,
SU R P L U S,
-
-
-
-
$ 4 0 0 ,0 0 0
$ 6 0 0 ,0 0 0
Accounts o f Banks, Bankers and Corporations
solicited.
Our faculties for COLLECTIONS are excellent
and we re-discount for banks when balances war
rant It.
Boston is a reserve city, and balances with us from
banks (not located In other reserve cities) count as a
reserve.
W e draw our own exchange on London and the
Continent, and make Cable transfers and place
money by telegraph throughout the United States
and Canada.
Government Bonds bought and sold, and exchanges
In Washington made for hanks without extra charge.
We have a market for prime first-class Investment
Securities, and invite proposals from States, Conn*
ties and Cities, when issuing bonds.
We do a general banking business, and invite cor
respondence.
ASA P . P O T T E R , President.
JOS. W . W O R K . Cashier.
W . P. W ig h t & C o .,
Î 2 B roadw ay,
STOCK B R O K E R S.
sndsoid’f or caslfor Ä
M e m b 'N v f f i n , a
memo. n . y . stock Exch.
Ä
J .B .C r e ig h t o n .
. B. Cl a r io n , Spec’l
STOCK B R O K E R .
Lansdale Boardman,
N E W Y O R K , 80 BROADWAY A 5 NEW ST.
T R O Y , N .Y ., No. 17 FIRST STREET.
Stock Exch, membership ; private wire; all faclUties.
F. Bl a n k e n h o r n ,
Cashier;
H . A . Sm it h ,
Assistant Cashier
OF
THE
C IT Y OF M E W Y O R K .
CAPITAL,
S O L ID
GORHAM
S IL V E R .
M ’t’g
C o .,
Broadway and Nineteenth Street,
AND 9 MAIDEN LANE.
83,000,000
N e w Y o r k , May 14, 1887.
This Bank is now opened for business. Aooounts
respectfully solicited. The usual banking facilities
extended to customers.
Orders fo r purchase or sale o f securities will
receive careful attention.
Sterling Exchange bought and sold. Facilities fo r
keeping accounts in Sterling Exchange, subject to
draft In kind, will be afforded. The methods o f re
ceiving such deposits and making payment against
them will be subject to arrangement.
F . U L A N K E N H O R N , C a s h ie r .
Floyd-Jones & Robison,
B A N K E R S AND B R O K E R S ,
No. 2 E x ch an ge Court, N ew Y o rh .
Stocks, Bonds and U. 8. Government Securities
.B ought and Sold on Commission.
Wm . C. F l o y d -J ones ,
W il l ia m R obison
Members New York Stock Exchange.
J. A . K ohn & C o .,
BANKERS AND BROKERS,
(M il l s B u il d in g ), 19 B R O A D S T ., N. Y .
Members o f the New York Stock Exchange.
Execute orders on commission fo r Bonds, Stocks
and Foreign Exchange.
Taintor & H o lt,
BANKERS,
N o. 11 W a ll St., Cor. N ew , New Y o r k .
T R A NSACT a GENERAL BANKING business.
DEPOSITS reoeived and INTEREST allowed on
balances.
Buy and sell GOVERNMENT, MUNICIPAL and
RAILR O A D Securities.
Private telegraph wires to Providence and Boston.
GILES E. TAINTOR.
GEO. H . H OLT
G. D. L ’HUILIEK.
Dealers in first-class Investment Securities,
Particular attention given to investments fo r Cap
italists, Trust Funds and Institutions.
F . E . Trow bridge,
W illia m T . M eredith,
Noe. 3 & 5 B roa d or 2 9 W a ll Street«.
B AN K E R AND BROKER,
48
W ALL
STR E E T,
(Bank o f New York Building).
Bonds and Stocks bought and sold at the New
York Stock Exchange.
BONDS AND INVESTMENT SECURITIES FOR
SALE
E . H . Harriman &
W m . m . H a r r im a n ,
“ Nic h o l a s F is h ,
E d w d H . H a r r im a n , Special,
J
(B r a n c h Offic e , 290 B r o a d w a y .)
Member o f the New York Stock Exchange. Di
rector o f Merchants’ Exchange National Bank
American Savings Bank, American Safe Deposit
Company, &c., Ac.
Securities bought and sold on commission, fo r
cash or on margin. A ll inquiries gratuitously res*
ponded to. Correspondence solicited.
Henry S. Ives & C o .,
BANKERS A N D ,BROKERS,
E Q U IT A B L E B U IL D IN G ,
120 B roa d w a y.
0“ 8 SeCttrltle8 b0B«hfc
a
President.
THE
IM PORTERS,
182 Broadway, Cor. J o in Street.
BLANK BOOKS OF EVERY DESCRIPTION
MASS.
m a n n in g .
C. N. J o r d a n ,
Vice-Pres’t.
Alfred H . Smith & C o ., Western National Bank
UTHQQRAPHIC AND TYPE PRINTING.
Maverick National Bank
U N IT E D ' ST A T E S
I fitta t tjc t u l.
R A I L W A Y T IC K E T S O F IM PR OVED S T Y L E S .
Show Cards, Labels, Calendars.
JAMES MACDONOUGH, President
A. D. SHEPARD,
•
)
W. M. SMILLIE,
- Vice-Presidents.
TOURO ROBERTSON, J
THEO. H. FREELAND, Sec’y and Treas.
THE
NO. 1,145
D a n ie l
W ork Executed In Fireproof Buildings.
B O ST O N ,
OP
I fit m u jc ia l.
.A M E R IC A N
B ank N o te C om pan y;
S A F E T Y CO LO R S .
IN T E R E S T S
Y O R K , JU N E 4, 1887.
Jffiti¡racial.
,
C O M M E R C IA L
MAGAZINE,
BANKERS,
No. 25
NASSAU
S T ., N E W Y O R K .
P . 0 . BOX 1,422.
Green & Bateman,
BANKERS,
10 W a ll Street, N ew Y o r k .
Stocks, Bonds and Cotton.
Transact a General Banking Business
Interest allowed on Deposits.
Transact a general banking business, including the
purchase and sale o f securities listed at the New
York Stock Exchange, or in the open market.
R eceive deposits subject to check at sight an I
allow Interest on dally balances.
Government, State, County, City and Railroad
Bonds constantly on hand for sale or exchange, and
particular attention given to the subject o f invest«
merits fo r institutions and trust funds.
T H E CH RO N ICLE.
n
[Vol. XLTV,
g
‘ VLTlktXS and gXKXOZXS of ^foreign
Drexel, M organ & C o ., August Belmont & C o .,
BANKERS,
N os. 8 4 a n d 3 6 W I L L S T R E E T .
W ALT, STREET, CORNER OF BROAD,
NEV
YORK.
ISSUE TR A V E L E R S’ CREDITS, available In all
parts o f the W orld, through
ißor. o f 5th & Chestnut Sts. SI Boulevard Hanssmann,
F H IIiA DELPHI A
P A R IS .
D0MUS110 AND FOREIGN RANKERS.
Deposits reoelved subject to Draft. Securities
ought and sold on commission. Interest allowed on
deposits. Foreign Exchange. Commercial Credits.
Cable Transfers.
Circular Letters for Travelers,
available In all parts o f the world.
a t t o r n e y s a n d a g e n t s ov
n e u n . J . S. MORGAN & CO.,
22 OLD BROAD STREET, LONDON.
no.
Brown
Brothers & C o .,
New Y ork ,
Boston,
AND
A L E X A N D E R B R O W N Sc SONS,
J. & j . Stuart & C o .,
PAYNE
Sc S M I T H ’ S ,
J. Kennedy T o d & C o .,
NO. 63 WILLIAM STREET,
BANKERS.
BANKERS. LONDON,
Sc COUNTY B A N K ,
“ LIMITED,’’
MANCHESTER, P A Y A B L E IN LONDON [
U LSTER
B A N K IN G
C O M P A N Y,
BELFAST. IRELAN D |
AND ON THE
N A T IO N A L
BANK
OF
EDINBURGH
M
unroe
su rplus,
$1,000,000.
AGENTS,
!« EXCH AN G E PLACE, N E W Y O R K
3 UY AND SELL STERLING EXCHANGE. CABLE
TRANSFEBS, ETC.
'88UBS COMMERCIAL CREDITS, A V A IL A B L E
TN ALL P A R T 8 OF TH E WORLD.
Heidelbach,
Ickelheimer & Co.,
29 W IL L IA M
Cor. Exohaage Place,
FOREIGN
STR EET,
NEW YORK,
BANK ERS.
BUY AND D R A W BILLS OF EXCHANGE,
M AKE CABLE TRANSFERS, ISSUE T R A V E L .
BBS’ CREDITS.
ISSUE COMMERCIAL CREDITS, A V A IL A B L E
IN A L L PA RT S OF TH E W ORLD, ON
g am bers
and
A rabers.
J. C . W a lco tt & Co.*
Sell Bills o f Exchange on
No. 24 Pine Street, New Y o r k .
M E L V IL L E , EV AN S A C O „ )I n K n n v
C . J . H A M B K O «te S O N ,
*J L O N D O N .
M ARCUARD, K RAU SS A CO„ l < . him
>
H O T T I N G U E R & C O .,
} P A R IS .
& C o .,
John
Paton &
C o .,
SUCCESSORS TO
J E S U P , P A T O N & CO.,
issue Circular Letters o f Credit for Travelers’ Use
Abroad against Cash or Satisfactory
G naranty o f Re-payment.
52
W illia m Street, N ew Y o r k .
Acoounts and Agency o f Banks, Corporations,
E x eb a n cc on L o n d o n , P aris, B erlin firms and individuals received upon favorable terms.
Dividends and interest collected and remitted.
and Zu rich .
Ca b l e .
P aris H ou se—M U N R O E Sc CO.
Schulz & Ruckgaber,
BAN KERS,
S9 W I L L I A M S T R E E T , N E W Y O R K
CORRESPONDENTS OP THE
In tern ation al R an h o f Lon don
(L im ited ), L on don .
H essrs. J o h n B erenberg, dossier Sc Co,
H a m b u rg .
M essrs. M arcn ard, K ra n ss Sc C o., Paris
A ct as agents fo r corporations in paying coupons
and dividends; also as transfer agents.
Bonds, stocks and securities bought and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought and
sold.
DRAW ON
TH E UNION BANK OF LONDON,
BRITISH ' LINEN CO. BANK, uONDON
SCOTLAND.
TH E N EW YORK
M aitland, Phelps & C o .,
B
Transacts a general banking business.
Receives aooounts o i banks, bankers and corporalons upon favorable terms, •
Issues certificates o f deposit bearing Interest.
Makes loans upon approved merchandise.
Solicits mercantile and personal accounts.
R i l l s o f E x c h a n g e D r a w n o n t h e City
B a n k , L im ite d , L o n d o n .
Circular Letters of Credit issued for
travelers’ use and Commercial Credits
opened In Europe, l * ' a , South Am erica
and the West Indies.
A
N
K E
AND
COMMISSION
22
Produce Exchange Bank.
C A P ITA L, $ 1 ,0 0 0 ,0 0 0 .
AND
G eo . Co p p e l l .
T h os . M a it l a n d .
G e r a l d L. H o y t , Member.N. Y. Stock Exch.
Commercial and Travelers’ Credits.
Bills o f Exchange.
Cable Transfers.
Ca p i t a l , ( 0,000,000.
I. H. GOADBT & ALEX. LAIRD.
Buy and sell bonds, stocks and securities In all Am
erican, Canadian, British and Dutch markets on com
SCOTLAND, mission, Collect dividends, coupons and foreign and
Inland Drafts.
an d paym ents m ade b y
Canadian B a n k o f C om m erce.
Offer Investm ent Securities.
BO. 82 Nassau Street, New Y o r k .
N o. 4 Post Office Square, B oston.
Cr e d it s Open ed
STREET.
Messrs. C. J. Hambro & Son. London.
A ct as Agents for Banks, Bankers and Railroad
Companies.
Issue commercial credits, also foreign and domestic
travelers' letters o f credit in pounds sterling & dollars.
AND BRANCHES i
ALSO,
SABLE TRANSFERS AND LETTERS OF CREDIT.
J ohn
CHESTNUT
Kidder, Peabody & C o .,
J
M ANCHESTER
o f Philadelphia.
or on Certificates.
AND THEIR CORRESPONDENTS.
Bnys and sells Bills o f Exchange, drawing on
Draw Bills o f Exchange on, and make Cable Trans
Baring Bros. & Co., London; Perier Freres et Cle,
fers to, England, France and Germany.
Paris; Mendelssohn & Co., Berlin, and on Paul
Mendelssohn*Bartholdy, Hamburg.
Negotiates Securities, Railroad, State, Muniolpa
etc.
Offers fo r sale first-class Investment Securities.
Particulars and terms on application.
FOREIGN BANKERS,
W ILLIAM BKOCKIE, President.
W H AR TO N BAR K E R , Vice-President.
1 Nassau Street, New York,
H EN RY M. HOYT, J r ., Treasurer.
ETH ELB E RT W ATTS, Secretary.
Board o f Directors—William Brockie, George S.
118 Devonshire Street, Boston.
Pepper, Morton McMichael, W harton Barker, Henry
C. Gibson, T. Wistar Brown, Isaac H. Clothier.
ATTORNEYS AND AGENTS OF
Advisory Committee o f Stockholders.—William
Potter, George M. Troutman, Gustavns English,
Pepper,
Messrs. BARING BROS. & CO., London William Joseph E.M. D.. Thomas Dolan, John G.
Reading,
Gillingham, John Wanamaker,
Henry E. Smith, Craige Lippincott, Hamilton
C O M M E R C IA L C R E D IT S .
Dtsston, Clayton French, Francis Rawle, William
W ood, W alter Garrett.
J . & W . Seligman & C o.
BILLS OF EXCHANGE ON
CO.
**
Si, A. de Rothschild A Sons, Frank
Capital, $ 2 ,0 0 0 ,0 0 0 . Fall paid.
fort o\m .
CONDUCTS A GEN ERAL BANKING BUSINES3
S. SI, de Rothschild, Esq., Vienna.
Allows interest on cash deposits, subject to check
BALTIM ORE.
Circular Credits for Travelers.
Members o f New York, Philadelphia and Baltimore
Stock Exchanges.
Xxecute orders for all Investment securities. Buy
and sell Bills o f Exchange on Oreat Britain and
Ca b l e T r a n s f e r s a n d b i l l s o f E x c h a n g e o n
Ireland, France, Germany, Belgium, Holland,
G r e a t B r it a in a n d t h e c o n t in e n t .
Switzerland, Norway, Denmark, Sweden,
Australia, St. Thomas. St. Croix and
British West Indies.
I m h o C o m m e r c ia l Sc T r a v e le r s ’ C red its
I N STERLING,
BANKERS,
Available In any part o f the world, In F r a n c s for
N o. 23 B R O A D S T R E E T ,
use In Martinique and Guadeloupe, and In dollars for
New Y o rk .
use In this country, Canada, Mexico and W est Indies.
Make telegraphic transfers o f money between this
country, Europe and British and Danish W est In Issue Letters o f Credit for Travelers
dies. Make collections o f drafts drawn abroad on all
On SELIGMAN BROTHERS, London.
oints in the United States and Canada, and o f
SELIGMAN FKERES & CIE, Paris.
rafts drawn In the United States on foreign coun
SELIGMAN & 8TETTHE1MER, Frankfurt.
tries.
AL8BERG, GOLDBERG & CO., Amsterdam.
Their London house, Messrs. BROWN, SHIPLEY
A LTM A N & STETTHEIMER, Berlin,
Jc- CO., receive accounts o f American banks, firms Payable In any part
and Individuals upon favorable terms.______________ tralia anG America. o f Europe, Asia, Africa, Aus
Draw Bills o f Exchange and make Telegraphic
Transfers o f Money on Europe and California.
J. K e n n e d y T o d .
ALEXANDER BARING.
83 NASSAU S T R E E T .
H. o . North co te .
Member N. Y. Stock Exoh’ge
jm iT Ii,
INVESTM ENT
Drexel,Harjes & Co Messrs. N. M. Rothschild Sc Sons, London.
310
“
de Rothschild Bros., Paris,
D rexel & Co.,
Philadelphia,
THE
R
S
MERCHANTS,
BANKERS AND BROKERS,
Transact a General Banking
Business.
Stocks and Bonds bought and sold on Commission.
Orders received 1 Mining Stocks, and In Unlisted
r
Securities. Collections made and loans negotiated.
Dividends and interest collected.
Deposits received subject to Draft.
Interest allowed. Investment securities a specialty.
W e issue a Financial Report weekly.
J os. C. W a l c o tt ,
1 Members o f the New York
Fr a n k F. D ic k in so n , f
Stock Exchange.
Albert
Pearce,
16 Sc 18 B R O A D 8 T .,
dROKER IN A L L
KINDS
OF INVESTMENT
BONDS, MISCELLANEOUS SECURITIES
AND DEFAULTED BONDS.
CORRESPONDENCE SOLICITED
L .C .L a t h r o p . Osc a r B. Sm it h ,
j.
H.O l ip h a n t .
Lathrop, Smith & Oliphant,
BANKERS AND BROKERS,
3T BROAD ST., NEW Y O R K ,
6 PAC IFIC AVE., CHICAGO
Members New York Stock Exchange, New York
Cotton Exchange, and Board o f Trade Chicago.
Sc 24 E xch an ge Place,
New Y ork.
Alexander Campbell & Co.,
BILLS OF EXCHANGE, LETTERS OF CREDIT,
TELEGRAPH IC TRANSFERS OF MONEY ON
LONDON, PARIS, MEXICO, CUBA. Ac.. Ac.
BANKERS AND BROKERS,
KOUNTZE BR O TH ER S,
2 6 P IN E S T R E E T , N E W Y O R K .
BANKERS,
1 2 0 B r o a d w a y , E q u ita b le B u ild in g, N ew Y o r k .
Malc olm Ca m p b e l l , Member o f N. Y. Stock Exch
L E T T E R S OF C R E D IT AND
C IR C U L A R NOTES
H ow ard Lapsley & C o .,
Issued fo r the use o f travelers in all parts o f the
world. Bills drawn on the Union Bank o f London.
Telegraphic transfers made to London and to various
daces In the United States. Deposits received, subect to check at sight, and interest allowed on bal
ances. Government and other bands and invest
ment securities bought and sold on commission
f
BANKERS AND BROKERS,
74 B R O A D W A Y and 9 N E W S T R E E T ,
N e w lY o r k ,
IHE C K MIO .
HO
LE
J une 4, 1887 ]
m
|5auUers and g rollers tu ^ear ^orli ©itjj.
H.
L.
Horton
5 4 and 56
&
F. C. H o l l in s . E. h . E m erson ,
C o .,
BK O AD W A V, New
I.H .W a g g o n s b
F. M. L o c kw ood ,
Frank C . H ollins & C o ., Lockw ood Sc Crosm an,
Y ork.
BARTHOLOMEW HOUSE, ì t ONDON
BARTHOLOMEW LANE, $ *i U a u w *
BANKERS AND
Special Attention Given to American
Securities,
BROKERS,
B A N K E R S AND B R O K E R S ,
Members N. Y. Stock Exchange.
11 WALL, STREET, NEW Y O R K ,"
Solicit Acconnts and Orders for the Parchase and
AND
Bale o f Bonds, Shares, Ac., Ac., on Commission, In
* 4 6 C L A R K STREET, CHICAGO. IL L .
New York, Boston, Chicago, London or Paris,
Interest allowed on deposits subject to drafts at
J a m b s T. clo sso n .
J o h n b . D umont
Sight.
H um an Cl a r k , Special Partner.
Members o f the New York and Boston Stock Ex
changes and o f the New York and Chicago Produce
Exchanges.
Private wires to Chicago, St. Paul, Boston, H art
BANKERS AND BROKERS,
ford, Buffalo and Utica.
N o. 4 0 W a ll Street, New York..
AH stocks and securities d e a ltlB at the New York
Stock Exchange bought and sold on commission, for
cash or on margin. Deposits received and Interest
BANKERS,
allowed on balances.
Closson Sc D u m on t,
H . B. Hollins & C o .,
18 W A L L and 3 NASSAU S T R E E T S ,
NEW YO RK.
Transact a General Banking Business,
DEALERS IN GOVERNMENT, MUNICIPAL AND
R AILROAD SECURITIES.
DEMAND DEPOSIT ACCOUNTS RECEIVED.
INTEREST ALLOW ED ON D A IL Y BALANCES.
E . L. Oppenheim & C o .,
Edmund & Chas. Randolph,
Me m b e r s N. Y, Stock E x c h a n g e .
Transact a strictly Commission business In Stooks,
Bonds. Commercial Paper, Collateral Loans, &c.. and
Investments generally. Oorrespondence solicited
R efer to Mr. E dmu nd d . R a n d o l p h , President
Continental National Bank.
Y ou n g &
¿1 & 53 New Street and 42 Broadway.
P a u l Sc h w a r z .
S E C U R IT IE S .
placing o f first mortgage bonds o f railroads, water
works, gas works and other first-class corporations
W e solicit correspondence.
H.
& Bishop,
BANKERS AND BROKERS.
No. 9 6 B R O A D W A Y , N E W
W e make a specialty o f the buying, selling and
Fred.
Geo. K . Sistare’s Sons,
16 A 18 Rroad Street, N ew Y o rk .
131 South T h ird Street, P h ila d elp h ia.
Connected by Private Wire with main office. New
F IR S T -C L A S S IN V E S T M E N T S .
Buy and seU on Commission, fo r cash or n r argln
>
all securities dealt in at the New York Stook Ex
change.
Interest allowed on dally balances.
All deposits subject to check at sight.
Particular attention to orders by mall or telegram ,
John H . Davis & C o .,
BANKERS AND BROKERS,
Orders fo r Stocks and Bonds executed at aU
Exchanges.
Especial attention given to supplying high-oiass
H am ilton
_
(HULLS B U IL D IN G ,)
IN V E S T M E N T
P h iladelph ia A R eadin g R R . Co.
on the Philadelphia or New York Stock Exchanges.
No. 10 W A L L S T ,, N E W Y O R K .
„ A l l stocks and securities dealt in at the New York
Stock Exchange bought a ad sold on commission, for
cash or on margin. Deposits reoeived and Interest
allowed on balances.
Sc Schwarz,
Roberts
W e solioit orders for the purchase or sale o f any o f
the securities o f the
3 6 W a ll Street, New Y o rk .
W alter Dei Mar.
S. M. R o b e r t s .
Private telegraph wires to Chicago, Boston, Phila
delphia and Baltimore.
bankers an d brokers,
B r a n c h O rn cE , 91 L e o n a r d St r e e t .
Edward L. Oppenheim.
W . S. N elson .
N elson ,
No. 31 N ew Street and N o. 1 Exchange
Court, New Y o rk .
York.
DEALERS IN
7 NASSAU S T R E E T ,
T. 8. Y o u n g , J r .,
Member N.Y. Stock Exchange.
(E S T A B L IS H E D 1 8 6 2 ],
BANKERS AND BROKERS,
*
YORK.
(Members New York Stock Exchange.)
Accounts o f Banks, Bankers and others received,
interest allowed on balances. A strictly Commission
Business In the purchase and sale o f stocks and bonds.
Private Telegraph Wire to Albany.Troy, Syracuse,
Rochester, Utica, Buffalo, Cleveland and Chicago.
Draw on City Bank o f London in amounts to suit.
Special attention given to Securities fo r investment.
WM. v . Ca r o l in ,
Ch a r l e s F. Co x .
Member N.Y. Stock Exchange.
Smith,
IN V E S T M E N T S E C U R IT IE S .
JAMES WHITELY.
H. CRUGER OAKLEY.
Ma y n a r d C. E y r e ,
H e n r y H. D odg e , Washington, D. 0.
W m . R. T r a v e r s , Special Partner.
Prince
A . Dutenhofer,
BROKER
Chiystie & Janney,
BANKERS,
18
bankers,
N ob. 33 A 35 Nassau St., N ew Y o rk
STREET,
NEW
YORK.
Established 1865.
AND
snd m lk a liberali^ ? iion to on same when o f Bullion
ana make ^ iw S advances c°nsignments desired.
p B jFaw>.
a
. Br o w n .
W alston H . Brown Sc Bros
bankers.
<
?fnPorporations and Individuals received
^ L i b e r a l Terms. Securities B o ® d K
STOCK E X C H A N G E .
for cash or on margin, and deal in
Investment Securities.
A . M. K id d e r ,
H. J. Mo r se ,
W a y l a n d Tr a s k ,
Ch a s . d . M a r v i n ,
BANKERS,
No, 62 C E D A R S T R E E T .
»„I,?aa? di ti0n 40 » General Banking Business, Buy
and sell Government Bonds and Investment Seouri-
A ld b e fta it
C o -,
TRANSACT A GENERAL BANKING BUSINESS,
INCLUDING THE PURCHASE AND SALE OF
STOCKS AND BONDS FOR CASH OR ON MARGIN. BUY AND SELL INVESTMENT SECURI
TIES. INTEREST ALLOW ED ON DEPOSITS
SUBJECT TO CHECK A T SIGHT.
P. O. Box 447.
D. A . BOODY.
C. W. MOLELLAN.
R e u ben L e l a n d .
W m . f . L e s sl ie .
H en r y t . Boody.
H ir a m D e w in g . Cl a r k D e w in g , f . t . B ontecou
(Member o f N. Y. 8tock Kxch.)
H . D ew ing Sc Son,
and
b r o k e r s
.
No. 18 W d ll Street, New Y o rk .
Particular* atte ntionlrlven1 n sol£ on E m i s s i o n ,
?
ing Investment Securities
information regard^
W and sold TfU8t C°- 6 P0r <*“ *
ht
John B. M anning,
No. 14 W a ll Street, New Y o rk City,
SO U TH ER N SE C U R IT IE S
A SPECIALTY.
State, Municipal and Railway Bonds and Coupon
sought and sold at best market rates. Investors or
dealers wishing to buy or sell are invited to communl
late with us.
Member o f the New York StocR Exchange.
31 PINE STREET, NEW YORK,
B A N K E R S AND B R O K E R S .
SU C C E S SO R S TO
WOOD
&
D A V IS .
Execute orders in all securities listed at the New
BAN K ERS,
Fork Stock Exchange. For Sale :
57 Broadway, opp. Exchange Place, N. Y. Fir s t -Cl a s s r a il r o a d f ir s t Mo r t g a g e Bo n d s .
GEORGE C. WOOD. O .H .H U E 8T I8. L. M. SWAN
Branch Office, *41 L a Salle St., Chicago.
Gilm an, Son & C o .,
b an k er s
MILLS BUILDING (8d Floor,)
Rooms 25 & 26.
35 W A LL STREET.
8T AT E AND CITY BONDS OF GEORGIA. ALSO
SECURITIES OF TH E CENTRAL R R. & BAN K
ING CO. OF GEORGIA, A SPECIALTY.
Investors wishing to buy or sell are invited to eall
or correspond. Prompt and personal attention given
to ail orders.______________________________________
W o o d , Huestis Sc C o .,
i S o o d f j t
&
No. 2 0 NASSAU S T R E E T ,
NEW YORK.
Dealer in Miscellaneous Securities,
BANKER AND BROKER.
1 ce* a 8 h ad Buyllow interestcommission stocks and bonds check.
0 h< t lg t n A and sell on on deposits subject to sight either
« I » i a8 « ^ ? m e ^ 0ad BOnd8’ 8tate’ County and Mun1’
W a l st o n H . ^ m .
W ALL
M EM BERS OF N E W Y O R K
Ä
YORK.
Carolin & Cox,
_
_ _
NO. 65 BROADW AY.
Branch Office, 315 Madison A v.,cor. 42d St.,NewYork.
Deposits received subject to check at sight, and in
r Twenty years’ experience In Railroad Bonds. Pai • terest allowed on daily balances. All stocks and securties desiring to buy or sell Unourrent Bonds will ities dealt in at the N.Y. Stock Exchange bought and
please communicate.
sold on commission, for cash or upon margin.
-i.8 °°5 8
u
In Fractional Lots or otherwise,
either for Cash or on Margin.
£• H . Sm it h , >Members ConsoUdated Stock and
S. W, Sm it h , j Petroleum Exchange, New York.
Ä
W h itely ,
BRANCH Off ic e s : {
f Ä ^ W a s h T n Ä D.O.
Buy and sell on commission all classes o f Railroad
Securities ; also Grain and Provisions.
Private telegraph wires t.o Philadelphia, Wilming
ton, Baltimore, Washington, Bridgeport, New
Haven, Boston and Pittsburg.
No. 3 0 R R O A D S T ., N E W Y O R K .
X
Sc
No. 64 B R O A D W A Y , N E W
Bankers and Commission Stock Brokers,
BANKER & BROKER,
Ä
J. H e r o n Grosm an
BANKERS,
J. L. Robertson,
B O N D AMD S T O C K B R O K E R ,
Dealer in Investment Securities,
No. 7 NASSAU STREET,
(Continental National Bank Building,)
N ew Y o r k .
R . J. K im ball
Sc
C o .,
[Established in 1865.]
UNITED BANK BUILDING,
W a ll Street, corner B roa d w a y,
STOOKS, BONDS <• COMMERCIAL PAPER
£
BANKERS AND BROKERS,
16.A 18 B road Street, N ew Y o rk ,
8tocks and Bonds bought and sold on commission
at New York Stock Exchange. Advances made on
business paper and other securities.
Members o f the New York Stock Exchange and o
the Philadelphia Stock Exchange.
R o ber t J. K im b a l l .
A lfred b . L ounsbebby
T H E CH RO N ICLE.
ffu rro
[Y
7 2 Broadw ay,
Mortgage Company.
Capital Su bscribed..................... 8 2 .0 0 0 .0 0 0
P aid in (Cash)....................... A ... . 1 ,0 0 0 ,0 0 0
D E B E N T U R E S .
Bearing 6 per cent, running ten years and based
exclusively upon Western Farm Mortgages, held in
trust by the American Loan & Trust Company, o f
New York, for the benefit o f the bondholders. Their
safety, time to run and rate o f Interest make them
the m ost desirable investment now offered. Also,
GUARANTEED FARM MORTGAGES.
OFFICES i
New York, 208 Broadway I Philadelphia, 112 S.4th St.
Boston, 28 Court St.
I Kansas City, 7th& Del.Sts.
Beal Estate Mortgages on City
and Farm Property, worth two
to four times amounts o f mort
gages, in t e r e s t 0 p e r c e n t to
7 p e r ce n t, principal and inter
est absolutely guaranteed. Se
curities for guaranty held by the
American Loan & Trust Com
M IN N E A P O L IS . pany, o f Boston, Mass.
Send for circulars to
P a id-U p C apital, N E H E R & C A K P E N T E R .
8 2 0 0 ,0 0 0 .
B a n k e rs , T ro y , N. Y .
Authoriz’d Capital
Eastern Managers for Company
8 2 ,0 0 0 ,0 0 0 .
NORTH
WESTERN
GUARANTY
LOAN CO.,
13 New Street
(Members o f the N. Y . Stock Exchange.)
Bay and sell Stocks and Bonds fo r cash or on mar
gin. Interest allowed on deposits. Correspondence
solicited.
JOHN F . DOUGLAS,
Of the late firm o f Lawson, Douglas & Co.
W IL L A R D H . JONES,
Late o f W.S.Lawson & Co., Member N. Y Stock Exch.
Rolston & Bass,
NO.
20
BROAD
STREET,
NEW
A LIMITED AMOUNT OF
First Mortgage 6 P er Cent Gold Bonds
ROME
Cahoone & W escott,
BANKERS AND BROKERS.
Kansas
E x ecu te O rders In a ll S ecurities L isted on
N E W Y O R K STOCK E X C H A N G E .
Special Attention given to
Government & other Investment Bonds
Dickinson & A ilin g ,
NOTHING SAFER. A LW A Y S PROM PTLY PAID.
SUND FOR PAM PHLET.
Principal and interest payable at the
NINTH N ATIONAL BANK. NEW YORK.
Said bonds are fully secured by first
mortgages on improved real estate in
Kansas, deposited with the
BOSTON SAFE D E PO SIT & TRU ST CO., Trustee.
They are largely taken by institutions
and conservative investors generally.
Price, P ar and Accrued Interest.
BANKERS
AND
BROKERS,
No. 30 P in e Street, N ew Y o rk .
Eight per cent net to invest
ors. No losses. Interest col
lected free of charge to lender.
First mortgage on improyed
finest agri
S elm a, A la . farm property in In Alabama,
cultural districts
worth three times amount o f
Legislative author loan.
ity to negotiate loans. Sole Alabama correspond
ents o f several European farm
R . M. NELSON, loan companies. Trustees de
Individuals or
President.
siring to make safe loans,
W . R. NELSON,
address the company for parV .-P . & Gen.Man’ger. ticulars and references.
R efer by permission to Geo. S. Coe, President, and
Dnmont Clarke, Cashier, American Exchange Na
tional Bank, New York; Logan C. Murray, President
United States National Bank, New York.
Buy and sell at N. Y. Stock Exchange, fo r IN
VESTMENT or on MARGIN, all classes o f Stocks
and Bonds, and allow Interest on deposits, subject to
oheck at sight.
________________________________ _
R o ber t
J. S. FARLEE.
d . farlee.
Vice-President and General Manager
IN V E S T
THROUGH
THE
SOU N D
AND
WESTERN f a r m ' MORTGAGE CO.,
LAW RENCE, KAN.
F. M. P e r k in s , Pres’t.
L. H. P e r k in k , Sec.
P a i d U p C a p it a l,
- 8 2 5 0 ,0 0 0
The choicest First Mortgage Farm Loans, also the
Company’s Ten Year Debentures, based upon its
aid up capital and assets o f over $650,000. No losses.
[leven years’ experience, with absolute satisfaction
to over 1,500 investors. Send for circulars, form s and
full information, Branch offices in N. Y. City and
Albany. New York Office 137 Broadway.
C. C. H INE & SON. Agents.
S
Consolidated
Mining
BONDS,
STATE, M UNICIPAL AND APPRO VED R A IL
ROAD BONDS.
Co r r e sp o n d e n c e So licite d .
P a u l L ic h t e n st e in ,
H . R . Ba l t z e r ,
President,
Vice-President,
R . V.IM a r t in s e n ,
W . E. Ma n t iu s ,
Treasurer.
.Secretary.
,.G . W . HALL, Sup't.
S T O C K S and B O N D S
A t A u ction .
The Undersigned bold REGULAR AUCTION
BALES, of all classes of
STO CKS
AND
BONDS,
ON
WEDNESDAYS AND SATU RDAYS.
A D B I A N H . M U L L E B 4 c SON,
NO. 1 PINE .STREET, NEW YORK.
Island Securities
A S P E C IA L T Y .
Gas, Railroad & Amusement Co. Stock*
GEO. B . R I P L E Y ,
66 B roadw ay, R o o m 8.
Ch a s . J. T o w n se n d ,
L a n s in g C. W a s h b u r n .
Member N.Y. Stock Exchange.
J no . P . T o w n se n d , Special Partner.
Tow nsend & W ashburn,
bankers
C . J. Turner,
16 A
AND
18 B R O A D
James D .
J
BROKER,
ST., N E W Y O R K .
A
brokers
,
Stocks and Bonds Bought and Sold on Commission,
for cash or on margin.
}
Special attention given to Unlisted Securities.
Deposits receivsd, subject to Check at Sight.
Correspondence solicited.
Frederick W .
S u c c e sso r
Simons,
(Formerly SIMONS & C H E W )
BANKER
an d
No. 6 W a ll Street, New Y o r k .
Transacts a general Banking business, including the
purchase and sale o f stocks and bonds fo r cash or os
margin.
BROKER,
2 E xch an ge C ou rt A 5 2 B ro a d w a y , N. V .
A ll Securities dealt in at N. Y. Stock Exchange
bought and sold fo r Cash or on Margin. Special atten
tion given investments. Correspondence solicited.
MemberN. Y. Stock Exchange.
Member N. Y . Produce Exchange.
to
Perry,
J . H . L A T H A M & C o .)
U N IT E D B A N K B U IL D IN G ,
No. 2 W A L L S T R E E T , N E W Y O R K .
City, County, State, Railroad, District o f Colum
bia and Foreign Exchange._________________ _______
W . H . Goadby & C o .,
BANKERS AND BROKERS,
No. 2/4 B R O A D
Simon Borg & C o .,
d e a l e r s in a l l k in d s
(O F F IC E O F T H E C E N T R A L R A I L -
or
^
Railroad and Investment Securities.
E.
S.
B
a
Sp e c ia l t y .
a i l e y
,
P IN E S T R E E T .
DEALINGS IN
I N S V B A N C E S T O C K S
A
S P E C IA L T Y .
Cash paid at once fo r the above securities ; or they
will be sold on commission at seller’s option.
St e w a r t
Brow n’s
So n s ,
STOCK B R O K E R S ,
6 4 B roa d w a y & 19 N ew St., N ew Y o r k .
W alsh & Floyd,
S T O C K
STREjET,
N ew Y ork .
No. 17 NASSAU S T ., N E W Y O R K ,
Co.,
48 E X C H A N G E P L A C E .
Staten
BROKERS AND DEALERS IN
INVESTM ENT
So u t h e r n S e c u r it ie s
COLORADO CENTRAL
A . D . M ID D L E T O N ,
1 0 W a l l S treet, N. Y .
J N o. 7 NASSAU S T ., N E W Y O R K ,
BANKER
T h e A m e r ic a n I n v e s tm e n t C o m p a n y , o f Em
metsburg, Iowa, with a paid-up capital o f SfoOO,0 0 0 , s u r p lu s 8 7 5 , 0 0 0 , offers first Mortgage
Loans drawing s e v e n per cent, both P r in c ip a l and
I n t e r e s t fu lly G u a r a n te e d . A lso 6 per cent 10year Debenture Bonds,secured by 105 percent o f first
Mortgage loans held In trust by the M e r c a n t ile
T r u s t C o ., K , Y , Five per cent certificates o f
deposit for periods under one year. Write for fuU
Information and references to the company at 1 5 0
N a ss a u 8 L .M . V . A ^ O R M S B Y ,
Represented by
J. S. Farlee & Brother,
(10 Years’ Membership in the N.Y. Stock Exchange.
7%
6%
Investment C o .
6 PER CT. SECURED GOLD BONDS,
18 W a ll Street, New Y o r k ,
In Sums o f $100 and Upwards on
Indiana and Ohio Bonds.
L O A N CO. o i
ALABAM A,
RR.
OF T O P E K A , K A N SA S,
W. H . DICKINSON,
EDWARD P. ALLING.
Member N. Y. Stock Exchange.
JOS. A . M O O R E,
84 East M arket St.. In d ia n ap olis, In d .
DECATUR
G R O V E STE E N & P E L L ,
66 E xch an ge P lace, N ew Y o r k ,
YORK.
Correspondence solicited.
Quotations cheerfully furnished.
W m . H . R o lsto n ,
W . A l e x . B a s s , Jr.
Member N. Y . Stock Exch’ge.
&
Principal payable 1028. Interest June and Decem
ber at American Loan & Trust Co., Trustee.
Issued at the rate o f $15,000 per mile.
This railroad runs through the richest mineral and
agricultural portions o f the States o f Georgia and
Alabama, and forms a direct Western outlet fo r
roads centering at Rome, including the East Ten
nessee Virginia & Georgia and Georgia Central roads*
STOCKS, BONDS,
AND M ISCELLAN EO U S SE C U R ITIE S
Correspondence solicited.
Farm Mortgages
i
W E O F F E R F O R SA LE
Douglas & Jones,
E Q U IT A B L E
X U Y
fjfiu a u x ia l.
^ fin a n c ia l.
I P t fr t g a g je s .
ol.
B R O K E R S ,
CO. OF NEW JERSEY, 119 L i b e r t y St .
Ne w Y o r k , June 3d, 1887.
Notice is hereby given that the books o f transfer
o f the capital stock o f this company will be closed
from Wednesday the fifteenth to Saturday the 25th
inst„ inclusive.
Stockholders o f record on the closing o f the books
will be entitled to subscribe to the extent o f 10 per
cent o f the par value o f their shares, at th® price of
par and accrued interest, to the new general mort
gage bonds o f the company.
Payments will be due in equal instalments July
1st and August 1st, next, hut may be made in full
prior thereto. The right to subscribe expires June
25th inst. and may be assigned on the form s prepared
therefor.
Copies o f the circular o f the Reorganization Com
m ittee and blanks fo r subscription and transfer of
rights may be had upon application at this office.
By order o f the Board o f Directors.
J. W . W ATSON, Treasurer.
road
R . T . W ilson & C o .,
B A N K E R S A N D COMM ISSION M ERCHANTS,
2 E x ch an ge Court, N ew Y o rk .
No. 26 BROAD STREET, NEW YORK.
JAMES W . WALSH, JB „
NlCOLL FLOYD.
Member N. Y . Stock Exchange.
A TLAN TIC M U TU AL SCRIP.
J . P . W IN T R IM B H A M ,
t
3 6 P m e S t.» «• 1 •»
TH E
J un e 4, 1887.]
W in n u tixl.
W alk ley & C o .,
Jarvis-Conklin
Mortgage Trust C o .,
SUCCESSORS TO
Jarvis, Conklin & C o .,
KANSAS
C IT Y ,
Capital P aid Up
MO.
$ 1 ,0 0 0 ,0 0 0
OFFICERS:
flA S IIE L RI. J A R V IS , Pres’ t.
E D W IN E . W IL S O N , 1st V lce-P res’ t.
H E N R Y P . M O R G AN , 2d Vlce-P res’ t.
R O LA N D R . C ONKLIN, Sec’ y.
W M . F . S H E L L E Y , Treas’ r.
GEO. W . M c C R A R Y , Counsel.
This Company offers for sale at par and
accrued Interest its
S IX P E R C E N T D E B E N T U R E S ,
payable half-yearly at the office of TH 3 MER
CANTILE TRUST CO., NEW YORK. These
Debentures run for Ten years, but with the
option of redemption at the end of Five years.
They are direot obligations of the Company,
and are further secured by an equal amount of
Real Estate Mortgages on improved and pro
ductive Real Estate worth from three to five
times the amount ofjthe mortgages, held by THE
MERCANTILE TRUST CO., which under special
Articles of Agreement acts as Trustee for the
holders of the Debentures. They are issued in
denominations of $500, $1,000 and $5,000
These Debentures are a very desirable class
of investments for Estates and Trust Fundsand for individuals and corporations desiring
an exceedingly safe investment, with a com,
paratively high rate of interest.
Write for further information and reference
to our office at Kansas City, Mo., or to
R O LAN D R . C O N K LIN , Secretary,
Equitable B u ild in g , N. Y . City.
JOHN M . S H R IG L E Y , Manager,
411 W a ln u t St., P h ila d elp h ia.
MORGAN A B R E N N A N , M anagers,
c
27 Custom H ou se Street,
___ ________________ Providence, R , I .
Geo. H . Prentiss & C o .,
No. 49 W A L L S T ., N E W Y O R K ,
AND
208 M O N TAG UE S T .,
BROOKLYN.
GAS S T O C K S
AND
S E C U R I T I E S ,
Street Railroad Stocks
and
N otice.
BROOKLYN
Under and by authority of a resolution
10 W A L L S T R E E T , N E W Y O R K ,
adopted by the Honorable City Counoil,
BROKERS IN
sealed proposals will be received at my
Second-Hand Railway Equipment,
office until 6 o’clock P. M., June 4, 1887,
Have now fo r sale at low prices, fo r cash or on
easy terms, on Car Trust, or will exchange fo r good for the purchase of the property on the
securities.
corner of Commerce and Lamar streets,
3 ,3 00 B O X CARS,
known as the City Hall property. Bids
1 ,500 F L A T AND GONDOLA CARS,
will state—1st, net cash; 2d, one-third
5 0 0 STOCK CARS,
cash and the balance in one and two
235 R E F R IG E R A T O R CARS,
years, with interest from date at the rate
17 LOCOMOTIVES.
I f desired, will be put In good repair, repainted, of 10 per cent per annum.
and relettered.
The city reserves the right to reject any
W hether you wish to buy, sell, or trade, it will pay
and all bids.
W. E. PARRY,
you to write us for full particulars.
City Secretary,
First Mortgage 6 Per Cent Gold Bonds
Ma y 18. 1887.
J
( $ 1 5 ,0 0 0 P E R M I L E )
Georgia Midland &
Railroad Co.,
R A l S A ° D K o S A N f 3B U R 6 * MERIDIAN
C
The imderslgned committee, appointed at the
stockholders meeting o f this oompany, for the pur
pose o f reorganizing the financial affairs o f the com
pany, hereby give notice that the plan therefor has
Interest, New York, January and July,
Standard gauge, steel rails, first-class equipment.
A limited amount for sale. Descriptive pamphlets
containing copies o f mortgage, furnished on applicatlon.
lu *», “ ?>
W*e agreement io De exeoutea by the
respective bond and stock holders in relation inero*
DUE JU LY 1, 1920.
R.
A . LA N C A ST E R 4c CO.,
10 W a ll Street.
SEE GAS QUOTATIONS IN THIS PA PER .
Geo . h . P re n tiss , W .D .P r e n t is s . W .W .W a l s h .
Memb. N.Y. Stock Exch.
L. F. Ol n e y , J r .
J. P. G ayle,
REAL. E S T A T E A G E N T ,
First A t ., bet. 19th and 2 0 th Streets,
Up stairs, opposite Berney National Bank
BIRMINGHAM, ALABAMA.
Valuable suburban tracts of land in bodies of
Con to eighty acres each.
Lost Bonds.
Fifteen bonds, o f five hundred dollars each, o f
the St. Louis Ottumwa & Cedar Rapids Railroad
Company, are outstanding. The Trusfees desire to
learn their whereabouts, with the view o f saving
the costs o f foreclosure and perfecting an arrange
ment for the benefit and security o f all the bonds o f
that issue, and collecting the interest on same.
W ill the holders notify the undersigned Trustee
at once.
W IL L IA M NICHOLS, Trustee,
Care o f Commercial Bank,
_
____________•________________________ St. Louis, Mo.
No t i c e
of
l iq ij id a t io n . - n o t ic e
is hereby given that the stockholders o f the
Council Bluffs National Bank, located at Council
Bluffs, In the State o f Iowa, at a meeting held on
the 5th day o f May, 1887, voted to go Into volun
tary liquidation. All depositors and others hold
ing claims against said bank will therefore present
the same for payment.
L. W . TOLLEYS, Pres’t.
/ COLORADO
CENTRAL
CONSOL!
DA TE D MINING COMPANY.
The regular dividend, No. 16, o f F IV E CENTS
PE R SHARE ($18,750) has been declared to the
stockholders o f this company, payable on June 10 at
the Farmers’ Loan & Trust Company. Transfer
books close on May 81, reopening on June 11.
„
„
R . V. MARTINSEN,
N e w Y o r k , May 12,1887.
Treasurer.
C H IC A G O & N O R T H W E S T E R N B Y .
CO., 52 W a l l St r e e t , N e w Y o r k , June 2.
1887.—A dividend o f ONE AND TH REE QUAR
TERS PER CENT on the preferred stock and
TH R EE PE R CENT on the common stock o f this
company will be paid at this office on Saturday,
June 25.
Transfer books will close on Wednesday, June 8,
and re-open on Monday, June 27,1887.
M. L. SYKES, Treasurer.
A s t ia i Imrjestraewis.
No. 80 Wall Street, New 'York.
Dated N e w Y o r k , May 81,1887,
D. GRAFF, Secretary, 54 Wall Street, N. Y,
T>EORG ANIMATION OF T H E P H IL *
AV A D E L P H IA & READING RAILR O A D COM
PANY and affiliated companies.
„ N o t toe is hereby given that the second Instalment o f
25 PE R CENT o f the contribution required upon the
stock and securities deposited with Messrs. Brown
Brothers & Company under the plan o f reorganiza
tion o f the above companies, Is hereby called, and
will be payable on
JU LY 1ST, 1887.
Payments are to be made at the offloes o f Messrs.
Brown Brothers & Company, in the cities o f New
York and Philadelphia.
By order o f the Board o f Reconstruction Trustees.
■ JNO. B. G A R RETT, Chairman.
THE
B R O A D W A Y ,
Duluth South Shore & Atlantic Sub
scriptions.
&
R IO
GRANDE
Desirable Si^ Per C ent
Alabama Mineral Laud.
Chicago Portage
Grant Bonds.
T O B E Y
Important Notice.
TO HOLDERS OP KANSAS REAL ESTATE
MORTGAGES:
Bend to HODGES & KNOX, TOPEKA KANSAS
fo r Free Pamphlet containing the comffiied Laws o i
Kansas relating to Real Estate M ortg^es?
oi
FOR SALE BY
WILLIAM G. HOPPER & CO.,
STOCK
& Superior Land
AND
BOND
BROKERS
28 South T h ird Street,
P h ila d e lp h ia.
A
K I R K ,
[DIRECT
P R IV A T E W IR E
TO
NE W
Y O R K .]
4 AND 6 B R O A D S T R E E T ,
F O R SALE.
NEW YO RK.
The property, rights and franchises o f the Ken
tucky River Iron Manufacturing Company, consist
ing o f a valuable Charter granted under the laws o f
Kentucky and about 18,000 acres o f timber and
mineral land, situated In Powell and Estill Counties,
Kentucky. From the two furnaces upon the
property have been produced the famous Red River
Iron. A line o f railroad extends from Lexington
Junction direct to the property o f the Company.
F or terms and further information apply to
THOMAS DEW ITT CUYLER. Trustee,
224 South 4th St., Philadelphia, Pa.
BENJAMIN STRONG, Secretary,
52 William St., New York.
C. W . RUSSELL, Agent,
Red River Iron Works P. O.,
Powell County, Ky.
T r u s t C o . ’s S t o c k s .
A L L OF TH E
CITY RAILROAD STOCKS & BONDS
BOUGHT AND SOLD.
Bee Quotations o f City Railroads In this paper.
G old Bonds
South Pittsburg City Stock.
YORK.
DENVER
R A ILR O A D COMPANY, 47 WILLIAM STREET.
N e w Y o r k , June 2,1887.
DIVIDEND NO. 1.
The Board o f Directors have this day declared a
dividend o f TW O AND ONE-HALF PE R CENT
on the preferred capital stock out o f the net earn
ings o f the company now In its treasury, payable
July 12,1887.
The transfer books o f the preferred stock w ill
close fo r this purpose on the 30th day o f June at 8
o ’clock F. M „ and reopen on the morning o f July 13.
By order o f the Board o f Directors,
W ILLIAM W AGNER, Secretary.
National Cable Railway Stock.
H . L . Grant,
NEW
Copies o f the plan and agreement can be had o f the
Trust Company, or any member o f the Committee,
or o f the Secretary, at No. 54 Wall Street. The
agreement must be executed by the respective se
curity holders on or before June 80. 1887.
JAMES G. K. DUER, James G. King’s Sons, No.
58 William Street, New York.
S E C U R IT IE S
D E A L T IN .
145
T O T H E BOND AND STOCK H O L D
Gulf
Bonds,
AND ALL KINDS OF
N o.
y
fjfitiîm cial.
g p ttin X
GAS
CHRONICLE.
Mew Y o r k
v
AND
B r o o k ly n Companies’
BOUGHT AND SOLD BY
W M .
C .
96
N O Y E S ,
B roadw ay
See my quotations o f Trust and Telegraph Stocks
In Daily Indicator and Saturday’s Evening Pott.
rH E CH RONICLE.
C A IN T P A U L AND D U L U T H H A IL O
Offic e
ROAD CO.,
Se c r e t a r y a n d T r e a s u r e r .
St . P a u l , Minn., May 12th, 1887.
The annual meeting o f the stockholders o f the »t.
Paul & Duluth Railroad Company for the election
o f directors and consideration o f the resolution duly
adopted by the Board o f Directors February 5th,
1887, and mentioned below, and the transaction o f
such .other business as m aybe brought before the
meeting, will b eheld atthe'office o f the Company,
In the raty o f St. Paul, Minnesota, on Monday, June
20th, 1887, at twelve o'clock noon.
The transfer books will be closed at three T. M .on
Saturday, May 14th, and reopened on Friday, June
24th, 1887.
.
. . .
,
„.
The resolution above referred to is as fo llo w s .
Resolved, That it is expedient and necessary for
the rapidly-inoreasing business o f this company, as
explained by the President» that It should have additional terminal facilities, f quipment, and i racks, and
that the grades and curves o f the road should be
reduced,and o'h er necessary improvements be made
as soon as possible, all involving an estimated
expenditure in the course o f the ensuing two or
three years o f upwards o f two millions o f dollars ;
and in order to raise this sum or procure such addi
tional facilities, equipment, and improvements, it
is recommended that there be submitted to tne
stockholders, at the next annual meeting, the fol
lowing propositions for the adoption o f one or more
o f them :
_ ,,
,
_
_
First. The temporary application o f the income
from lands and stumpage to necessary improve
ments.
_ .
...
. ___
Second. The Increase and sale o f the common stock
at not less than par, to the full amount provided in
the articles o f incorporation and the plan o f reor
ganization, namely, six million dollars, being an
increase or nearly two million dollars.
Third. Authorize the Board o f Directors to bor
row two million dollars upon mortgage bonds o f the
company.
.
.
,
.__.
Fourth. Assent to the organization o f a terminal
railroad or other like company to furnish such ter •
mlnals, equipment, tracks ana other facilities, the
stock of which shall be owned by this company, with
authority to the Board o f Directors o f this Compa'.y
to guarantee the principal and interest o f bonds of
said terminal or other company to the amount of
two million dollars.
By order ol the Board o f Directors,
PH IL IP 8. HARRIS, Secretary.
Sealed Proposals.
of t h e
Q F F I C E O F T H E P E N N S Y L V A N IA
^
R A ILR O A D C O M P A N Y . — P h i l a d e l p h i a ,
May 11,1887.
A t a meeting o f the Board o f Directors o f this
Company, held this day, the following resolution
was adopted:
Resolved, That for the purpose o f providing the
necessary capital fo r construction and equipment
expenditures during the year 1887, on the main and
leased lines and branches, and for the completion
and extension o f new and auxiliary lines, the cost of
which is estimated as follow s:
Construction o f third and fourth
tracks and additional facilities
on the Pennsylvania Railroad,
branches, and leased lines ....$4,000,000
Real estate Pennsylvania Rail
road,branches and leased lines 700,000
Locom otive engines and passen
ger equipment.
........
1,300,000
Construction o f branch and aux
iliary lines,in addition to those
now in operation....................... 2,000,000—$8,000,000
the privilege be given to the shareholders o f the
company o f subscribing at par between the 15th and
80th days o f June, 1887, on which latter date the
privilege will cease, for 8 per cent 'o f their i espectfve holdings as they stand registered on Wednesday,
May llt h inst. Shareholders entitled to a fraction
o f a share may subscribe lor a full share. The priv
ilege o f subscribing may be sold by any shareholder,
ana blank form s for such purpose will be furnished
on application to the Treasurer. Payments may be
made in full prior to July 1,1887, or one-half shall
be paid prior to July 1,1887, and the remaining onehalf shall be paid prior to September 1,1887, and in
either case receipts will be given bearing interest at
the rate o f 4 per cent per annum from the date o f
payment until November 1,1887, at which tim e saia
receipts will cease to bear interest. On and after
November 1,1887, certificates for the new stock will
be delivered on surrender o f the receipts.
R O B E R T W . S M IT H ,
T re a su re ".
T h e Tortilita Mines.
A G R E A T E N T E R P R IS E
F rom the N ew Y o r k W orld, May 28, 1887.
The shares o f the Tortilita Gold & Silver Mining
Company are about to be listed oa the Consolidated
Stock Exchange. The capital stock o f the company
Is $1,000,000, in shares o f $2 each. The property con
sists o f twelve mines, which have been developed, t
mill and two mill sites ia Pinal County, Arizona.
During the prospecting and develop!.-g work o f the
mines over $150,000 in bullion was taken out o f
them. A t present two mines are being worked
They apparently contain an inexhaustible supply of
exceptionally rich ore, averaging upwards o f $50
per ton. They have been worked to the water level,
where the ore concentrates into a solid body
feet wide, The property is exciting much attention
and is pr, pounced by experienced mining men and
operators as .one o f the best ever offered on the
New Y oik Market. Ex-Governor Price o f New Jer
sey, the California Pioneer,, speaks In favorable
terms o f the Tortilita property, and believes that
the mines have a future secon i only to the famous
Comstock Mine. The company owns a territory
three miles in extent and ove 250 acres o f mines.
Tlie office o f tire company Is at No. 57 Broadway.
Ci t y
C i t y Co m p t r o l l e r ’ s O f f ic e ,
1
Ci t y H a l l ,
>
Sa in t P a u l , M in n ., May 17,1887. )
of
[V ol. X U V .
BONDS.
D E L A W A R E & HUDSON CANAL CO.
Debenture (now 1st Mort.) 7s, 1804
QUINCY ALTON & ST. LOUIS
(Chic. Bur. & Quincy) 1st Mort. 5s, 1896.
Sealed proposals will be received at the office
of the City Comptroller of the City of Saint
Paul, State of Minnesota, until 4 o’clock, p . m . on
THURSDAY, the 16th DAY of JUNE, 1887,
NEW YO RK CENTRAL & H . R. R R.
Debenture 5s, 1904,
N E W JERSEY JUNCTION
(New York Central) 1st Mort. 4s, 1986.
FOR
OSWEGO & SYRACUSE
(Del. Lack. & West.) Const. 5s, 1923.
^ 1 ,3 3 0 ,0 0 0
F o u r a n d O n e - lia lf (4 1 -2 ) P e r C en t
B O N D S
MORRIS & ESSEX
(Del. Lack. & Western) 1st Mort. 7s, 1914.
MORRIS & E3SEX
(Del. Lack. & West.) 7s o f ’71,1901.
OF THE
MORRIS & ESSEX
(Del. Lack. & West.) Consol. 7s, 1915.
C ity o f Saint Paul
JAMES R IV E R V A L L E Y
(No them Pacific) 1st Mort. Gold 6s, 1936.
AND OF THE
ST. P A U L & NORTHERN PACIFIC
1st & General M ortgage Gold 6s. 1923.
County
of Ramsey,
(Semi-Annual Coupons Attached),
MATURING
IN _ T H 1 R T Y
YEARS.
All b ea rin g in te re st at th e ra te o f F o u r and
O n e-half (4*2) P e r C ent P er A nnu m , p a y a b le
sem i-annu ally a t th e F in a n cia l A g e n c y o f the
C ity o f S aint P aul a n d o f the C ountv o f R a m
sey, In th e C ity o f N ew Y ork , d a te d M ay 2d,
1887. P rin cip a l m atu rin g M ay 2d. 191 7 (30
yea rs), e x c e p t th e $ 7 5 ,0 0 0 B o n d s o f R am sey
C ounty m atu rin g M ay 2d, 1 90 7 , (20 yea rs) and
p a y a b le a t th e said F inancial A gen cy.
Issued fo r the following purposes, viz. :
$200
1 f l l ( A City o f Saint Paul Bonds, issued
, U U U fo r the construction o f a free
wagon bridge across the Missis,
sippl R iver.f rom Forbes Street .&c.,
under an A ct o f the Legislature
approvf d January 17th, A.D, 1887.
A i n n A A A City o f Saint Paul Bonds, Issued
® J _ U U , U v / U f o r the purchase o f lands, the
erection o f engine houses, &c., for
the fire department, under an A ct
o f the Legislature approved Janu
ary 81, A.D. 1887.
¿ft-» a a A A A City o f St. Paul Bonds, issued for
® i U U , U U U Council appropriations, &c., under
an A ct o f the Legislature ap.
proved January 31, A.D. 188'
er r\ A A A City o f Saint Paul Bonds, issued
U . U U U fo r he erection o f hospital build.
ings, under an A ct o f the Legis
latóre approved January 31, A.D
1887.
A D A Cifc o f Saint Paul Bonds, issued
y
■ U l ' f o r t h e extension o f the ft. Paul
U
'
Water Works, under an A ct o f the
Legislature approved February
21, A. D. 1885.
¿ 1 1 \ A A A City o f Saint Paul Bonds, Issued
»
, © 1 T . U U v for the purpose o f constructing 1he
approaches to the railroad bridge
on East Third Street, uncer an
A ct o f the Legislature approved
February 24tb, A.D. 1885.
d l i O A A A A A City o f Saint Paul Bonds, issued
® t ì U U , U U U for sewerage purposes, uncer Acts
o f the Legislature approved Feb
ruary 24th, A .D. 1885, and Janu
uary 81, A.D . 1887.
A A A City o f Saint Paul Bonds, Issued
, U U u fo r the erection o f a new Court
House and City Hall building
under Acts o f the Legislature ap
proved February 26th, a .D. 1883
and February 2d, A.D. 1887.
4£‘ ) A A A A A County o f Ramsey Bonds, issued
fo r the erection o f a new Court
House and City Hall building,
under Acts o f the Legislature ap
proved February 26th, A.D. 1883
and February 2d, A.D. 1887.
¿ftsT^r A A A County o f Ramsey Bonds, isaued
t p I O . U U U for the floating debt o f Ramsey
County, and maturing May 2d,
1907 (20 years), under Acts ox
Legislature approved Februar
21st, A, D. 1887.
$
$200
$200
« 1 , 3 3 9 «O O T O T A L .
These bonds will be issued in denomina
tions of
ONE THOUSAND DOLLARS EACH,
And delivered to the successful purchaser in
the City ui Saint P«ul.
No bid will he entertained for less than par
and the accrued Interest, as provided by law.
Bids will be entertained for all the bonds
as a whole, or fur any portion thereof.
The “ Commissioners of the Interest and Sink
ing Fund” and the Committee of Ways and
Means of the Common Council of the City of
Saint Paul reserve the tight to reject any or all
bids.
ROBERT A. SMITH, Mayor, Chairman of the
“ commissioners of the Interest and Sinking
Fund.”
O. O. CULLEN, Chairman of the Committee of
Ways and Means.
Send to the City Comptroller for “ financial
statement.”
Mark bids “ Sealed Proposa’ s for Bonds,” and
address
JOHN W . R O C H E ,
C ity C o m p t r o lle r ,
St. P a u l, M in n e s o t a ,
CHICAGO M ILW AUK EE & ST. PAU L
Dubuque Division 1st Mortgage 6s, 1920.
NORTHERN ILLINOIS
(Chicago & Northwest.) 1st Mort. 5s, 1910
In Stock and for Sale by
REED
&
FLAGG,
D u ncan U u ild ln g , 11 P in e Street,
NEW YO R K .
The Investors’ A g e n cy ,
2 4 0 L a S a lle S t., C h ic a g o , 111.,
[H. L.
SCUDDER, Jr., Proprietor,)
ANSWERS INQUIRIES CONCERNING
Am erican Stocks an d Securities.
Large Library o f Railroad Documents.
Competent Experts.
_
Confidential Reports.
Moderate Charges.
Fifth
Avenue
HOTEL,
M adison Squ are,
NEW YORK.
The Largest, Best Appointed and Most Liberally
Managed H otel In the City, with the Most Central
and Delightful
DARLING & CO.
Massasoit
House,
S P R I N G F I E L D , M ASS.
TH E BEST APPOINTED HOUSE IN WESTERN
A
NEW ENGLAND.
„
Convenient fo r the tourist or business man. Near
Union Depot.
H . CHAPIN.
Bible H o tel,
AM STERD AM , H OLLAND.
Beautifully situated In the centre o f the city, clos
to the Railway Station and the Exchange.
First
rate cooking. Excellent wines. Moderate prices.
W . P. W ER KE R . Manager.
JOHN G. MOORE.
W .K . K itc h e n .
G. b . Sc h l e y
Moore & Schley,
BANKERS AND BROKERS,
26 B R O A D S T R E E T , N E W Y O R K .
BRANCH OFFICES:
72 Wall St., N. Y.
H 4 So, Third St., Phila.
Connected with
I. A . EVANS & CO., Boston,
Corson & m a c a r t n e y , Washington, D.C.
E. L. B r e w s t e r & Co,, Chicago.
H u b b a r d & F a r m e r , Hartford.
Private W ire Connections.
Buy and sell Stocks, Bonds and Miscellaneous
Securities on New York Exchanges; also Grain ana
Provisions on Chicago Board o f Trade,_________
_
Spencer
Trask &
C o .,
B A N K E R S <k BROKERS,
16 and 18 Broad Street, N. V.
A lb a n y , N .Y .
P roviden ce, R T.
Saratoga.
Transact a General Banking Business,
Direct Private Wires to each office and to
PHILADELPHIA,
boston,
,‘ WORCESTER.
íitítitcjaí
HUNT'S
MERCHANTS’
MAGAZINE,
p iW isp a p ij;,
R E P R E S E N T IN G
THE
IN D U S T R IA L
VOL. 44.
AND
C O M M E R C IA L
IN T E R E S T S O P
THE
U N IT E D
S A T U R D A Y , JUNE 4, 1887.
C O N T E N T S
THE CHRONICLE.
Clearing House Returns..........689
Financial Review of May....... 696
The Finanoial Situation........... 69 o The Debt Statement for May.. ( 97
Public Debt Pay meut............... 692 Railroad Earnings.................... 698
Progress of Trunk Line Earn
U. S. Treasury Statement.......698
ings.......................................... 693 Monetary and Commercial
Pennsylvania Line to St. Louis. 694
English News........................ 698
The Situation in France—The
Commercial and Miscellaneous
New Ministry......................... 695 News....................................... 700
THE BANKERS’ GAZETTE.
Money Market. Foreign Ex
Prices of Aotive Bonds at N. Y.
change, U. States Securities,
Stock Exchange, and Range
State and Railroad Bonds
since January 1, 1837.......... 704
and Stooks............................. 702 Railroad Earnings................... 705
Range in Prioes at the New
Monthly Quotations of Stocks
York Stock Exchange..........703
aud Bonds.............................. 706
Investment and RailroadNews 712
STATES»
NO. 1,145.
transactions we find that exchanges arising tlxrough other
business exhibit an increase of 40-8 per cent.
Week Ending May 28.
1887.
8
New York...................... . 607,814,52*
Sales of—
(Stocks...............shares )
(1.100,100
(C o tto n ...............hales )
(820,600
I Grain........... bushels, j (87,812,650
(
.Petroleum.......... bbls ) (13,552,000
B oston ........................... .
Providence....................
H artford........................
New H aven...................
P o r t la n d ..,................... .
W oroester.....................
Springfield.....................
L ow ell............................
85,508,381
4,226,800
1,150,494
835,434
807,037
813,081
558,262
1886..
P Cent
$
005,640,466
(1,041,788
(801,800
(55,276,000
(47,512,000
72,842,242
8,097,700
1,380,373
1,005,771
803,118
747,027
712,851
444,716
Week End’g May 21»
1887.
P. Cent.
+2-C
+45-3
-27-0
172-3
-31-0
—
71-5)
(1,901,080
(333,400
(30,487,000
(22,028,000
(+78-3)
(—31-0)
(—10-7)
(-59-4)
+17 9
+14-8
+5'0
+8-8
4-4-0
+8-0
+18-4
4-25-5
1
$
788,890,92*
107,231,010
4,014,300
1,535,828
1,221,448
820.370
046,096
903.370
607,980
+39-0
+11-5
+13-7
+8-8
-27-0
+11-0
+22-3
+43-8
S ix « © h r u ix ic te .
Total New England..
05,787,867
81,604,608
+17-2
118,380,412
+36-1
Terms o f Subscription—Payable in Advance :
Philadelphia..................
Pittsburg........................
Baltimore...................... .
57,643,301
10,260,109
12,112,800
38,523,430
5,883,350
10,558,003
+40-0
4-74-1
+17-6
64,182,722
10,902,840
13,684,655
+23-3
+30-9
+21-3
+46-1
88,779,717
+24-4
For One Year (including postage) ..................... .
« 1 0 20
For Six Months
do.
.................................. II.
6 10
European Subscription (including postage).."...V.IIIIIIII
1 1 28
Annual subscription in London (including postage)...*’.".* ¿62 7s.
Six Mos.
do
do
do
. . . . . . ¡£1 8s.
Subscriptions will be continued until definitely ordered stopped. The
publishers cannot be responsible for remittances unless made by drafts
or Poet Office Money Orders.
These prices in clu de the I n v e st o r s ’ S u p p l e m e n t , o f 100 pages
issued on oe in tw o m ouths, an d fu rn ish ed w ith o u t e x tr a ch a rg e to
n h m n ic k..
6
subscribers o f the C mr ov rml e>
A file cover is furnished at 50 cents; postage on the same is 18
cents. Vo.umes bound for subscribers at $1 00.
*
L on d on A g e n ts:
Messrs E d w a r d s & S m it h , 1 Drapers’ Gardens, E. C., who will take
subscriptions and advertisements and supply single copies of the paper
5
WILLIAM B. DANA
<
JOHN G. FLOYD.
•
D i F fA
* C o *» P u b lis h e r s ,
103 W il lia m S treet, NE W Y O R K .
’
P o st Office Box 958.
CLEARING
HOUSE
RETU RNS.
The returns of exchanges for the week ended May 28 do not
make so favorable an exhibit as those for the preceding week,
there being a decrease in the aggregate of nearly one hun
dred and sixty-six millions of dollars. Of this falling off
$125,046,405 was at New York, and was the result in large
part of lessened activity in speculation on the Stock E x
change. The loss outside of New York is shared in generally
Boston contributing almost twenty-two millions ; in fact only
six cities record any gain over May 21. Late reports show
that there has been considerable improvement in crop pros
pects, and the outlook for cotton is now decidedly better than
at this time in 1886,
Total M iddle...............
80,316,850
54,064,878
Chicago......... .................
Cincinnati.......................
M ilw aukee.....................
D e t r o i t ........................
Indianapolis...................
Cleveland........................
Columbus................ .
Peoria..............................
Omaha.............................
Minneapolis....................
Denver.......................
St. Paul............................
Grand Rapids.................
W ichita...........................
Duluth*................. .'.......
55,135,908
10,572.200
4,866,300
8,272,7d8
2,248,516
2,971,318
2,040,371
1,150,801
8,285,85]
3,814,275
2,191,023
8,630,540
481,010
847,014
2,025,486
44,713,310
+23-3
8,767,000 4-20-6
3,383,448 420-5
2,068,546
4-27*4
1,058,810 +112-4
1,903,868 +51-3
1,603,887 4-21-0
752.064 +52-8
1,720,350 +90-3
2,517,784
481-3
1,096,138 +87-3
2,301,770 457-7
392,220 4-22-9
488,132
473-0
58,006,489
4-28-8
11,862,250 +27-5
8,705,287
+14-8
4,103,682 +43-8
1,887,974 +73-4
8,070,448 +46-2
2,238,740 +85-I
1,177,198 +51-9
3,554,084 +123-5
8,031,000 +80-3
-80-6
2,728,768 -H
4,620,763 +61-2
541,988 +87-5
782,475 +57-5
3,286,221
Total W estern...........
95,548,606
73,954,325
+20-2
102,471,005
+31-7
St. L ouis........................
St. Joseph......................
New Orleans..................
Louisville ....................
Kansas City...................
M em phis... .................
Galveston......................
N orfolk..........................
17,455,795
2,231,681
5,480,570
4,944,400
8.151,871
1,223,502
868,534
474,254
15.054,93* +11-5
887,750 +160-4
6,138,861
—11-4
3,519,598’ +40-5
5,410,389 4-50*7
1,375,956 —11-1
721,707 +20-3
538,717) —12-0
17,042,828
1,562.792
6,007,538
5,580,148
8,782,000
1,670,270
800,343
539,780
+15-0
+71-4
+13-8
+88-8
+83-3
+80-1
—14-1
-12-7
+2L-7
Total Southern..........
40,799,798
34,197,000
+19-3
42,652,365
San Francisco...............
15,389,822
19,124,466
t 26-5
19,480,474
+55-6
Total all.......................
Outside New Y ork...... .
035,026,902
852,570,703
*9-7
+40-3
327,782,438
* Not included in totals.
250,930,327
,101,613,002
-t 27-61 "308,722,973
+30-Ö
The returns of exchanges as received by telegraph thin
evening in most cases cover only four business days, in conse
quence of the observance of Decoration Day. In comparison
with the similar period of last year, which also included the
holiday, the aggregate of the returns exhibits a decline, owing
to the loss at New York resulting through decreased stock
operations. For the full week ending June 4 our estimate
A considerable increase in the volume of speculation at below indicates a gain of about 2-9 per cent.
New York during the corresponding week of last year led to a
pretty large addition to clearings, and in consequence the Retu/rns by Telegraph.
Week Ending June 4.
Week End’g May 28.
i w T T / 6 CUmmt year’S flgUres make is less satisfactory
than heretofore, the excess in the whole country reaching only
1887.
NewPYoT-veii ’ agamst 40'3 Per cent a week ago. Outside of
gain
the contrast is much more favorable, the
gam being 27-6 per cent. New Orleans, Memphis and Galvest l0T . fr° m last ? ear- Th* most important
week is at St. Joseph, 166-4 per cent.
175
^ G; T
Dua&C
)C°- reP°rt the failures for the week at
S h l1i)7
I * StateS and 32 in Canada)’ whi<* contrast
Np v
W
c6ek and 181 for the week of last year.
New York Stock Exchange share dealings for the week
W^k a T 188? V r ° f |76’983’000’ a« ainst $130,266,000 for the
o
ai
886. After making our usual allowance for these
St. L o u is .... ..........
New Or cans............
1886.
P . Cent.
$
$
] 448.3t 8,519¡ 478,929,400
-6 -4
1875,595t (1,230,455) (-28-6)
1 02,728.574
00,732,458
+3-3
53.795,630
50,174,411
+7-2
11,481.103
11,970,079
-4 -5
50,025,t!O
O 47,000,000 +20-5
14,4bl,772
12,668,820 +14-3
5,393,787
5,403,234
-0 -2
1887.
P. Cent»
$
502,050,427
+1-3
(1,151.72 j (—20-0)
71,105,200 +10-0
48,165,839 +25-0
10,128,456 +10-1
45,899,000 +24-3
14,725,347 +11-0
4,700,704
—2 1
Total, 5 d a y s .. .
Estimated 1 day..
652,794,385
150,107.263
066,878,408
133,850,528
-2 -1
+12*1
090,843,978
153,267,102
+5-8
+22-3
Total full week.
Balance Country*..
802,901,648
98,403,297
800,728,930
74,913,108
+0-3
+31-4
850,111,075
98,764,487
+8-4
+43-7
901,304.945 875,042,104
+2-9
For the full week, based on last week’s returns.
948,875,502
+11-3
___Total week, all..
TH E
690
[VoL. XLIV.
CH RONICLE.
mulations in the banks, and thus relieve any pressure
those accumulations might otherwise exert.. W h at he has
There has been no essential change in money the past already done in that way shows that he will exercise the
week. Call loans as represented by bankers’ balances discretion the law gives him wisely. It should not be
have been made at 7 and at 3* per cent, but the average forgotten, however, that there are limitations to his power;
has been about 5 per cent, at which figure the banks have he can only do what the statute authorizes him to do. A s
generally loaned their money, while trust companies have we showed some weeks ago, he cannot deposit customs
in some instances accommodated customers at 4-J- per cent duties with depositary banks in any case. Then, again,
when first class collateral was presented.
F or time loans money once in the Sub-Treasury cannot, according to the
4 per cent is bid on prime security and 4| @ 5 on more construction which has heretofore prevailed, be taken out,
ordinary collateral for sixty days, while a good inquiry except on the “ draft of the Treasurer of the United States»
for money at eight and nine months still continues at 5 to 6 “ drawn agreeably to appropriations made by law.” It
per cent on first class security. No quotations are given on has, we are aware, been claimed that the Secretary
ordinary collateral for this latter period. Commercial can transfer funds “ in the hands of one depositary
paper is scarce but rates are unchanged. The demand « to any other” as the statute says so, but that power is
is chiefly from out o f town institutions, the city banks limited to such cases “ only as the safety of the public
TH E U N A N C lA L S IT U A T IO N
buying sparingly of choice lots.
The cable reports discounts of first class bank bills in
London having from 60 days to 3 months to run, at of 1
per cent. A t Paris the open market rate is 2£ per cent,
and at Berlin and Frankfort it is 2 per cent. There haB
been nothing disquieting in the political situation this
week. A ministry has been form ed in France leaving out
General Boulanger, which is generally taken as a conser
vative triumph and favorable to continued peace. Should
the new government be able to carry out its programme of
retrenchment in expenses, it may have more permanency
than is generally anticipated.
W e notice that some
o f the best of the French papers as a
mode
of decreasing expenditures, advocate the refunding
of the public debt at 3 per cent now bearing 4\ per cent.
W hen, however, M. Xiouvier read the statement o f his
policy’ in the Chamber of Deputies Tuesday o f this week
he declined to answer whether he intended to effect a con
version o f the debt. W e should suppose that such a step
would succeed better if delayed until the outlook was more
decidedly peaceful, and until it was shown that the new
Ministry had a longer lease of life than the last one. The
Bank of England this week lost £108,000 bullion, which
according to a special cable to us, was made up by an
import from South Am erica of £30,000 and b y an export
to the Cape of £100,000, and by a shipment to the interior
moneys and the convenience o f the public service shall
“ seem to him to require.” There is certainly nothing in
those words that confers authority to transfer money from
one depositary to another for the “ convenience ” or
safety” of commerce. It might be wise to make such a
transfer and it might be wise to do a great many other
things, but if the Secretary goes beyond his authority he
does so at his peril. The changes in cash holdings in May
and at other dates since January 1st have been as follows-
o f Great Britain of £38,000.
The tone of our foreign exchange market has been
heavy almost all the week and rates have fallen off a cent
per pound sterling. This decline occurred on Thursday
in response to liberal offerings of bills drawn against pur
chases of stocks and bonds for European account. The
exchange market has also been affected this week by
sales o f sterling by parties desiring to use the proceeds in
our time loan market, thus employing London capital at
better rates than could be obtained at home. The foreign
trade situation shows no improvement, the exports at this
port continuing small, smaller than last year, and the im
ports on the average larger. Of course as there is now
so much speculation here in commodities, it is natural
that shipments should fall off since almost all o f our export,
able articles have appreciated in value to such an extent
as for the time being to lessen the demand for them in
foreign markets.
The monthly Treasury statements issued this week aff .rd
the needed data for measuring Government operations
and their effect on the money market. A s has been shown
by our weekly currency movement out o f and into the
banks, the cash in the Sub Treasury has accumulated. W e
say Sub-Treasury cash, because that portion o f the surplus
held in depositary banks is all the time slowly increasing,
and of course to that exent it does not affect commerce.
Some think the Secretary ought to put more of his accu
D. S.Treasurer's
net holdings of
G old.......... ...
Silver................
Jan. 1,
1887.
March 1,
1887.
April 1,
1887.
May 1,
1887.
June 1,
1887.
$170,912,413 $176,180,261 $181,939,847 $180,902,431 $186,667,773
78,157,591
72,220,318
74,521,741
81,682,187
75,998,945
21,767,370
U. S. N otes......
28,169,326
25,689,202
21,159,938
20,225,474
Bank N o te s....
227,065
217,922
200,629
316,419
875,176
Frac’nalSilver*
25,792,858
26,595,715
26,752,673
27,028,659
27,208,314
$309,176,230
Tot a’ .......... $296,100,107 $309,315,287 $304,574,828 $300,693,301
22,802,573
20,747,365
19,919,717
19,726,598
18,183,923
$314,234,030 $329,041,885 $824,494,545 $321,440,666 $331,978,803
Grand total —
In deposl’ y Bks
* Including minor coin.
It will be noticed that we have divided Mr. Fairchild’s
cash holdings by adding two lines to the above, so as to
give the amount of moneys held in depositary banks in
addition to the amount in the Treasury. On the 1st of
October the total in depositary banks was $14,413 253;
on the'first of January it had been increased to $18,133,
923 ; and on the first of June this week’s statement makes
the total thus held $22,802,573. Thus it will be seen that
the Secretary has kept his Treasury holdings down, so
that even now they are not quite as large as they were on
the first of March. Furthermore on July 1st the call for
the balance of the three per cents matures, besides
$9 316,706 of interest is to be paid, so that accumu
lations prior to that date will most likely be more than
fully required for the extra disbursements at that period.
A s to the net silver currency outstanding, the increase
since May 1 has been less than for several months. We
see it stated that the year’s appropriation for small
silver certificates has been exhausted, so that the calls for
them cannot be filled until after July 1, when the new,
appropriation is available. W e suppose that fact may ac
count for the small addition in May to the silver afloat, it
being only about 2 million dollars against a total of
million dollars in April. But notwithstanding this slowing
up in the movement, the total put out since August 1
1886, is now 5 6 f million dollars, as is shown by the fol
lowing statement.
Net silver in the Treasury August 1,1386............................. i r t 591
Net silver in the Treasury J une 1, 1887..................... ..........
’
_
l—
Decrease in Treasury holdings in 1 0 m onths................ ----- ^ f ’^ ’741
Coinage of silver dollars from August 1, ’86, to June 1, ¿7. 28,55^,— .
Total dollars and certificates put afloat in 10 m onths... $53,139,10
Fractional silver and minor c o in :
__
Decrease in Treasury, $1,719,603; coinage, $1,887,036....
o ana 639
3,w o .—
T o ta l s ilv e r an d m in o r co in p u t afloat in 1 0 m o n t h s .... $56,745,73
J
J une 4, 1887.]
TH E CH RO N ICLE.
691
Bearing on the same subject is another matter ested can
study them.
The
idea
upon which
which the public is interested in, and that is the the committee acted may be judged from their remark in
working o f the silver mill grinding out its clipped the circular where, after calling attention to the fact that
dollars. In May $2,900,000 were minted, and none the most o f the company’s debt at present bears a
o f them could be put afloat.
In fact the Treasury high rate o f interest (averaging over 6J per cent),
added to its hoard that month $3,263,745 and since they say that “ had this rate been five per cent during
the first o f October, 1886, its holdings have increased “ the past ten years, the company would have earned a
$27,789,974, there being now locked up in the Treasury “ surplus each year, would have avoided two receiver,
vaults $209,052,567 o f these coins. Is there no limit at “ ships, would have had the means at its command to
which our people will rebel against this wrong? W e keep “ extend and improve its property, and would have
on making what no one will take. I f the public want sil “ avoided the increase o f debt now necessary to fund
ver certificates, why not issue them against bullion, fixing .* defaulted interest, and to bring the entire property into
*
on any number of grains as the measure of Congressional “ the highest state o f efficiency.” Reduction o f interest
honesty. Or if all that is wanted is paper, we can think being a necessity, it remained to devise a feasible plan to
o f no device which would not be better than the existing effect it and this would seem to have been accomplished
method for obtaining it.
by the terms o f exchange offered. The terms vary of
The trade situation remains unchanged. Things are course according to the position and standing o f the
proceeding rather quietly, but there is a large volume o f bonds. Thus the adjustment bonds are to be r e
business in progress, though at a small margin o f profit. deemed at par and accrued interest, the debentures at 105
There were some heavy auction sales of flannels this week, flat, and the consols and convertible bonds at 110 and in
which on the whole yielded much better prices than had terest. In its endeavors to reduce the rate the committee
been anticipated— so much so that many duplicates besideg o f course is aided by the fact that so large a part o f the
the lots in the catalogue were sold. The symptoms o f debt matures at an early date, over 13^- millions being
improvement noted last week in special trades which had stated as payable the current year. But the reduction o f
previously been in a rather unsettled state, continue. The interest was not the only point to be effected. The re
anthracite coal trade is getting into pretty good shape, and ceivers’ certificates must be taken care of, and the floating
producers have confidence in the situation. The pig iron debt funded, while at the same time means must be pro
industry shows greater animation, and demand is more vided fo r new capital expenditures. To accomplish all
active in certain sections. Thus far, however, the im prove this a new 100 year 50 million five per cent mortgage is
ment has not become general in all branches of the iron to be issued which will suffice to provide for the payment
trade. Owing to the strike o f the coke workers in Penn, of the entire interest and dividend-bearing liabilities of
sylvania many furnaces are obliged to blow out or bank the company, except $6,850,000 now bearing only five per
up for the want of coke, and this o f course reduces the cent interest, and leave available besides for improvement
output o f iron, and to that extent strengthens prices of the property over 3^- million dollars. -It is evidently
and helps other districts. A s far as the crops are determined that this plan shall be a success, for a syndi
an influence upon trade, the outlook is very en. cate has been form ed to take, if necessary, 12 millions of
couraging.
Rains have fallen where needed, and
the new bonds at par and interest, the consideration being
the prospects nearly everywhere are excellent.
Cot. a commission o f two per cent.
ton is certainly in decidedly better condition than a year
The stock market this week has been more active, but
ago, while as for corn— which in so many different ways
also weaker. There has been no special reason for this
affects so many different industries— itw o u ld be hard to
weakness except that the market not having responded
find a year when at this stage o f the season the promise
as expected to the good reports o f earnings and trade,
was as good as now. Wheat, too, promises well, though
some holders got tired and sold out, while at the same
in certain sections o f the winter wheat belt the yield will
time operators for a decline lent their efforts to help the
fall below a year ago. The speculation in this cereal at
downward movement. The decline has been heaviest in
Chicago is just at the moment proving less harmful than
one or two specialties that had previously been advanced
it otherwise would, because supplies are short abroad and
to figures altogether out of proportion to the merits o f
Europe is in a large measure dependent upon the United
the enterprises. It is noticeable that though the general
States to fill temporary wants. The ultimate effect, how
list has been weak, the better class o f properties like North
ever, cannot but prove harmful, as on other occasionswest and Lake Shore have held up well and were the first
Railroad earnings continue very .good. Gross is largely
to lead in the recovery o f yesterday. The rate difficulties
ahead of last year. Net, however, in some instances does
which had threatened in the Northwest seem to have been
not fulfill the promise o f the gross, though on the other
for the time being removed, and this has naturally helped
hand there are many roads that do even better in the net
all the granger stocks. The coal properties have also been
than in the gross, so that the average improvement is
strong on the improved position o f the anthracite trade
very satisfactory.
and of the Reading property.
The stock o f the latter
One after another our old embarrassed railroad corpo
road recorded in full the payment o f the assessment, and
rations are being reorganized and placed on a solvent and
even im proved further. Central o f New Jersey has like
more stable and enduring basis. The first assessment on
wise advanced, and it will be seen from the plan on an
the Reading securities feU due this week, and was paid
other page that the road is to be reorganized without
with a promptness and unanimity that surprised even the
assessment or foreclosure. The Denver & R io Grande this
most sanguine friends o f the property. N ow comes a
week declared its first dividend on the new preferred stock
plan for the reorganization of the Central o f New Jersey
(2^ P®r cent), and the Central of Georgia announces another
— a company whose finances presented some problems
semi-annual payment o f 4 per cent. The Chicago & North extremely difficult of adjustment.
The plan has been
western was expected in some quarters to increase its rate
modeled with care and would seem to be thorough and
o f distribution, but dividends at the old rate were declared.
effective. W e give both the circular o f the ReorganizaThe following statement made up from returns collected
on Committee and the proposition to the security holdby us shows the week’s receipts and shipments of gold
ers?7 ln íuli on another page, where those inter- and currency by the New Y ork bank?.
the chronicle.
692
N et Interior
Movement.
Shipped by
Received by
N . Y . Bank». N . Y . Bank».
Week ending June 3, 1887.
81,710,000
$566,000
600,000
Gain.. $1,144,000
L oss.. 600.000
$1,710,000
$1,166,000
Gain.. »544,000
G old.......................................................
Total gold and legal tenders.......
The above shows the actual changes in the bank holdings o f gold and currency caused by this movement to and
from the interior. In addition to that movement the banks
have lost $1,000,000 through the ¡¡operations o f the SubTreasury.
A dd ing that item to the above, we have
he following, which should indicate the total loss to
he New Y ork Clearing House banks of gold and cur
rency for the week covered by the bank statement to be
issued to-day.
Into Bank». Out of Bank».
Week ending June 8,1887.
N et Change in
Bank Holding*.
Bub-Treasury operations..................
$1,710,000
4,600,000
$1,166,000
5,600,000
Gain. .. .$544,000
Loss. . 1,000,000
Total gold and legal tenders ...
$6,310,000
$6,766,000
Loss. . $456,000
Banks’ Interior Movement, as above
[VOL. x u v .
and it would be the best possible appropriation o f our
surplus ; but beyond question Congress will not concur in
any such plan. Bonds could be bought in the open m ar
ket ) but every one knows that except for a temporary
expedient such a procedure would be very unpopular.
So the Post suggests a scheme which it says was
first proposed by Mr. John Jay K n ox and subse
quently advocated in the House by Mr. Hewitt
and by Senator Jones o f Nevada in the Senate;
and since it is very desirable that speedy action
on this subject should be taken (as it will be an imme
diate provision for a part of the surplus), it is peculiarly
timely and ought to prove useful to help by discussion to
crack the nut in advance of the meeting of Congress.
F or does it not seem as if the two parties might find very
little difficulty in adjusting differences and coming to a
quick agreement on this subject; at least a far quicker
agreement than they can hope to come to on the tax ques-
The Bank of England lost £108,000 bullion for the week. tion.
The plan the Post proposes seems to hinge wholly on a
This, as stated above, represents £70,000 net sent abroad
special willingness with which the national banks, savings
and £38,000 sent to the interior. The Bank o f France
banks and life insurance companies are expected to accede
reports a decrease o f 1,175,000 francs gold and an increase
to it; money tied up in trust estates it does not hope to
o f 1,450,000 francs silver. The Bank o f Germany since
disturb. That, by the way, suggests the difficulty in any
the last report has gained 3,760,000 marks. The follow
plan, for the bondholders must be coaxed, they cannot be
ing indicates the amount o f bullion in the principal
driven to accept refunding. In other words, an induce
European banks this week and at the corresponding date
ment of some kind must be offered, or the investor,
last year.
whether he be a bank or trustee, will keep what he has,
June 8,1886.
June 2,1887.
for those who hold Government bonds do not want
Bank» of
Total.
Silver.
Gold.
Total.
Silver.
Gold.
money; they want simply to have their investment
£
£
£
£
£
£
If the proposition was merely to extend
19,766,147 undisturbed.
23,560,833 19,766,147
England......... 23,560,833
55,709,209 45,288,288 100,997,497 the bond a definite period and in return take a lower rate
France........... 48,009,083 46,971,267 94,981,250
ie ,752,210 35.643.000
Germany* .. .. 21,331,440 18,916,560 40.248.000 18,890,790
6,882,000 18,359,000 19.741.000 o f interest, it would be comparatively easy to secure an
A ust.-Hnng'y 6.758.000 14,161,000 20.914.000
6,281,000 8,186,000 14.467.000
4.900.000 8.258.000 13.158.000
Netherlands..
acquiescence; but when an option of payment shorter than
2.389.000 1.194.000 3.583.000
Nat.Belglum* 2.504.000 1.252.000 8.756.000
7.215.000 1.241.000 8.456.000 the original bond is a part o f the proposition, it becomes
National Italy 7.001.000 1.118.000 8.119.000
202,653,644
T ot. this week 114,060,256 90,676,827 204,787,083 116,638,146 86,020,498
202,518,042
T ot. prev.w’k. 114,121,053 90,533,467 204,654,520 1116,466,364 86,031,678
•The d iv isio n (b etw een g o ld a n a Buverj g iv e n w. urn.
.
b u llio n in th e B an k o f G erm a n y a n d th e B a n k o f B elgiu m is m a d e fro m
t h e b est estim ate w e are a b le t o ob ta in ; in n eith er ca se i s i t cla im e d to b e
a ccu ra te, as th ose ban ks m ak e n o d istin ctio n in th eir w e e k ly re p o rt,
m erely rep ortin g th e to ta l g o ld a n d silv er; b u t w e b elie v e th e d iv isio n
w e m ak e is a clo s e a p p ro x im a tio n .
..
,
N o t e .—W e r e c e iv e th e a b o v e resu lts w e e k ly b v ca b le , a n d w h ile
n o t aU o f th e d a te g iv e n at th e h ea d o f th e colu m n , t h e y a re th e
retu rn s issued n ea rest t o th a t d a te—th a t is, th e la test re p o rte d figu res.
The Assay Office paid $176,995 through the SubTreasury during the week for domestic bullion" and the
Assistant Treasurer received the following from the Custom
House.
Consisting of—
Dette.
Duties.
Gold.'
May 27.
“ 28.
* SO.
« SI
June 1.
*
* 2.
$584,882 83
320,050 65
688,375 60
568,940 SO
475,083 39
$5,000
1,000
Holi
2.500
5,000
9.500
Total.
$2,637,332 97
$23,000
U.S.
Notes.
Gold
Oertiflc’8.
Silver Cer
tificates.
$54,000
53,000
$462,000
219,000
$62,000
46,000
76.000
82.000
61,000
519.000
397.000
354.000
92.000
83.000
50.000
$326,000 $1,951,000
$333,000
7,000 in silver
coin, chiefly standard dollars.
PTJBLIC D E B T P A Y M E N T .
The Evening Post of Tuesday refers to, and concurs in,
ou r remark o f last week that the payment o f the Government debt ought not to stop. It thinks with us that the
people are perfectly willing, to be taxed for its reduction,
and that having our tax machinery in operation, it would be
very undesirable to dismantle it and accept the idea o f a
stationary public debt and a fixed interest payment.
But debt reduction must obviously cease unless we can
refund outstanding obligations or some of them, fo r we
have reached the end o f our optional bonds. Greenbacks
could be retired as Mr. Manning urged in his last report
a very different problem.
This inducement seems to be the lacking feature in the
Post’s proposal if we understand it correct’ y. The editor
illustrates the working o f the plan by saying that a bank
or other holder o f $100,000 of 4 per cents will get by
mere inertia $80,000 interest in twenty years. By accept
ing a 2£ per cent bond he will get $50,000 interest plus
the agreed premium (which the writer thinks would be
about $20,000) plus the use o f $20,000 for twenty years.
W e suppose these figures are intended to represent about
the surrender value o f the bonds. But whatever they
represent, the holder of the bonds if he is in want of
cash can go into the street to-day and get within a small
fraction o f $130,000 for them, so there seems to be
nothing that could be construed into an inducement to
the ordinary investor or the savings bank holder for
making such a surrender. O f course the new bonds
would
also have to be subject to a payment
option o f some kind— so many millions per year
drawn by lot say. This would be an additional disadvan]
tage, and as the proposition is only to extend the bond ten
vears. we can hardly think the scheme would be practicable.
It may be said that, so far as national banks are con
cerned, the privilege o f currency issues on the new
obligations and the lifting o f the tax on oank circulation
could be granted so as to make the offer attractive. But
the national banks only hold now fo r all purposes
$226,009,000, and as the Post thinks $50,000,000 a year
should be paid off, the result o f it all would be that the
banks would give up say a twenty year bond for one
com ing due certainly in 4-J years and perhaps within one
year. But very possibly we have misapprehended some
substantial feature o f this proposal. W e have referred
TH E CH RO N ICLE.
J un e 4, 1887,]
«9 3
to the matter , chiefly because it is so important in oar the third three months and of $671,216 for the last three
view to keep up debt payment, and because we think no months. In 1886 the result was much the same, the surmore pressing suVject than refunding can come before the plus standing respectively at $337,497, $233,575, $785,789 and $1,057,994 in the four quarters. The signifi
next Congress.
cance o f this o f course lies in the circumstance thus
brought out, that in a quarter which is usually the least
P B OGRESS OF T R U N K -L IN E E AR N IN G S.
satisfactory o f the year the road has earned at the rate o f
The Lake Shore statement for the quarter ended March
1 31, 1887, has this week been filed with the Railroad Com- 6 per cent per annum on the stock, and that, too, after
I missioners at Albany, and is a very interesting document. paying $120,000 fo r new cars, so that if the parallel o f
■ Indeed, the exhibit is so much better than had been looked the other years holds good the result for the full
I for, that it has occasioned surprise in some quarters. ‘ But twelve months promises to be still better than this
I there is really nothing singular about the character o f the — always barring out accidents or exceptional circum
Even
putting
the
quarters
on
a
I showing. The returns have been uniformly good all over stances.
basis
of
absolute
equality
there
have
been
I the country thus far in the current year, and the Lake
only three o f them in the whole period o f three and a half
[ Shore is merely another instance o f the same condition.
Gross earnings this year for the quarter reached $4,198,- years that have exceeded the present quarter in surplus,
1557, against $3,505,203 in the corresponding quarter of namely the December quarter o f 1883 and the September
■1886, the increase thus being $693,354, or almost 20 per and December ones o f last year. In the December, 1886,
cent. There was a liberal increase in expenses (which, quarter the balance fo r the stock was $1,057,994, which,
however, we are informed, include $120,000 paid for new added to the $773,834 surplus for the present quarter,
rears), and yet the net stands at $1,790,270, against $1,421,1823 last year— that is a gain o f $368,447, or over 25 per
cent. I f we compare with 1885, the improvement is of
course even more striking, that having been a very poor
^period for railroad earnings. The gross now is $963,486
greater than then, and the net $764,677 greater— these
gains indicating the decided recovery that has occurred in
the two years/ But going back still another year, namely to
1884, the increase is reduced, for 1884 was a'year when
results were quite fair. Still, even as compared with
that period, the showing is better than might be supposed
gross recording an increase o f $514,536, and net an
increase of $306,694.
It is in the case o f the surplus earned for the stock
however that the improvement is most marked. H ere we
find a balance this year in excess o f charges o f $773,834,
against a similar balance in 1886 o f only $337,497, and
against a deficiency in the year preceding (1885) of
$62,607. Even in 1884 the surplus was only $423,023.
The $773,834 surplus o f the present year would pay over
H per cent on the amount o f the stock outstanding. T o
understand the full significance, however, o f this showing
we must compare the result with that for other quarters,
so as to bring out the fact that this quarter is usually the
poorest of the year. In the following we make a summary
o f the results for each quarter since such returns have
been required, that is since December, 1883.
Quarter
ending—
1
2
1,209,744
1,060.553
423,023
1,087,265
470,902
1,09¡1,009
420,344
1,073,345
647,291
1,088,200 df. 62,607
1,085,1.82 df. 13,304
1,086,028
1,126,764
671,216
1,084,326
837,497
233,575
1,094,253
1,078,551
785,789
1,052,547 1,057,994
1,035,000
773.834
GO
* Not including taxes,
t Including $120,000 spent for new cars.
Interest,
Taxes, &e. Surplus.
O
Gross
Opera ling
N et
Other Total Net
Earnings. E xp 1
ses.* Earnings. Ine. Income.
$
*
8
%
$
Dec. 31.1883 4,754,347 2,537,342 2,217,005 39,635
2,256,640
Mar. 31, 1884 3,684,021 2,200,445 1,483,576
1,483,576
June SO, 1884 3,588,378 2,030,211 1,508,167
1,508,167
Sept. 30.1834 3,741,270 2,221,917 1,519,353
1,519,353
Dec. 31,1884 3,880,048 2,159,406 1,720,636
1,720,636
Mar. 31, lb8ö 3,235,071 2,209,478 1,025,593
1,025,593
June 30, 1885 3,350,133 2,178,304 1,071,828
1,071,828
Sept. 30,1885 3,677,361 2,208,125 1,469,236
1.469,236
Dec. 81,1885 3,970,942j 2,172,962 1,797,980
1,797,980
Mar. 81,1886 8,505,303 2,083,380 1,421,823
1,421,823
June 80,1886 3,426,53« 2,144.605 1,281,924 45,904
1,327,828
Sept. 30,1886 4,279,219| 2,431,051 1,848,168 16,172
1,864,340
Dec. 31,1886 4,648,504 2.586,638 12,061,866
48,675 2,110,541
Mar. 31.1887I 4,198,5571 12,408,287 1.790,270 18,564
1,808,8341
Here we see clearly how much less favorable the result
for the first quarter generally is than for the remaining
quarters. In 1884 the surplus for the first quarter was
$423,023, for the second quarter $470,902, for the third
quarter $420,344, and for the last quarter $647,291. But
that year was exceptional. In 1885 there was a deficiency
o f $62,607 for the first three months and o f $13,304 fori
the second three months, but a surplus of $383,208 fbr
makes a total for the half year o f $1,831,828. In other
words, in the six months ended with March the Lake Shore
earned over 3| per cent on its stock.
A ll the other trunk lines which are likely to furnish
statements for this quarter have already made them, so it
will be interesting, now that we have the Lake Shore, to
bring them all together and see how they compare in the
aggregate. A ccordingly we give below the figures o f gross
and net earnings on eight leading systems back to 1884.
The changes from year to year are very suggestive. The
improvement last year (over 1885) may be taken as chiefly
the effect o f the higher rates in force. The further large
gains the present year reflect the revival and extension o f
general business in all departments and branches o f trade.
The comparisons with 1884 will show how present results
contrast with a period when the conditions were yet fairly
good.
T h r e e M o n th s
e n d e d Ma r . 31.
1887.
1886.
1885.
1884.
Gross Earnings—
8
$
$
$
Pennsylvania..................................... 12,250.992 10,872,866 9,988,590
11,003,593
New York Central *...........................
8,089,351 7,342.201 5,962,222 6,710,591
New York Lake Erie k W estern ... 5,412,655 4,876,311 4,255,590
4,559,140
Lake Shore k Michigan Southern.. 4,198,556 3,505,203 8,285,071
3,684,021
Nickel P late............... ...........
1,271,792
948,163
825,191
804,880
Grand Trunk and connections + ....
5,140,890 4,665,980 4,437,690 6,015,230
Ohio k Mississippi.............................
996,944
854,369
909,770
919,540
Cleve. Col. Cin. k I n d ......................
1,003,661
892,575
827.101
896,901
T otal......................... ................... 38,364,841 33,957,668 80,441,291 33,593,908
Operating Expensei—
Pennsylvania.....................................
8.220,543 7,847,941 7,006.424 7,808,327
New York Central*...........................
5,508,895 4,756,361 4,007,216 4,218,893
New York Lake Erie & W estern ... 4,012.434 3,722,061 3,484,988 4,022,524
Lake S horek Michigan Southern?. 2,408,287 2,083,380 2.209,478 2,200,445
Nickel Plate.......................................
805,438
6:8,710
581,436
575,328
Grand Trunk and connections t ... .
3,906,285 3,027,565 3,737,785 3,923,655
Ohio & Mississippi............................
670,240
650,529
727.687
876,439
Cleve. Col. Cin. k I n d .............. .
639,3.7
639,200
672,126
696,551
T otal.............................................. 26,171,494 23,440,747 22,417,140 23,822,468
Net Earnings—
Pennsylvania................................ .
4,030,449 3,524,925 2,982,172 3,695,260
New York Central *...........................
2,580,456 2,585,840 1,955,006 2,491,098
New York Lake Erie k W estern ...
1,400,221 1,154,250
770,002
536,623
Lake Shore k Michigan Southern..
1,790,269 1,421,823 1,025,593 1,483,570
Nickel Plate........................................
460,359
334,453
243,7-5
229,558
Grand Trunk and connections t ...
1,234,605 1,038,415
709,905 1,091,275
Ohio and M ississippi........................
326,704
203,840
182,083
43,101
Cleve. Col. Cin. k I n d ......................
364,284
253,875
155,035
200,344
T otal............................. ................ I 12,193,347 10.516,921 8,024,151) 9,771,440
* Including West Shore operations in 1886 and 1887.
. r Pounds sterling have been reduced to dollars on the basis of five
dollars to the pound.
: + Not including taxes.
This shows that total gross earnings which in 1884
stood at $33,593,000, in 1885 dropped to $30,441,000,
recovering in 1886 to $33,957,668, and now are up to
$38,364,841. The improvement as compared with 1885
is nearly 8 million dollars, and as compared with 1884 is
over 4| million dollars. In the case o f the net the total
stood at about 9£ millions in 1884, then dropped to about
8 millions in 1885, jumped to 10£ millions in 1886, and
now has reached about 12 1-5 millions in 1887. The gain
694
THE
0HJ4ON1UJLE.
in the net over 1885 is more than 50 per cent ($4,169,196),
and even as compared with 1884 reaches almost 25 per cent
($2,421,907). In the gross there is a considerable gain
on nearly all the systems, but as regards the net the larger
roads, and notably the N ew Y o rk Central and the Penn*
sylvania, owiDg to very liberal expenditures for renewals
and
improvements, do
not show any very
ex
tensive increase “over
1884.
The Erie increased
its net without
interruption
in
all
the
years
■even when the
gross
was
falling
off, so that
the total now stands at $1,400,221, against only $536,622
in 1884. The minor systems have done equally well—
some o f them even better. The Ohio & Mississippi has net
now of $326,704, while in 1884 the amount was but
$43,101. The gain in the Nickel Plate has been constant
from $229,558 to $466,359, and the Cleveland Columbus
Cincinnati & Indianapolis after a fall in 1885 to $155,035
(from $200,344 in 1884) is now up to $364,284. The
Grand Trunk has done better in the net than in the gross»
the latter having increased only $125,660 over 1884 (2^per cent) and the form er $143,330 (13 per cent).
P E N N S Y L V A N IA 'S L IN E TO ST. LOUIS.
A s to the idea o f a contest for the control o f this link
in the St. Louis route, if the owners want to sell, the Penn
sylvania can offer as good terms as any one else, and better.
Nearly all accounts agree in saying that the purchase
has not yet been perfected.
If, therefore, the Pennsyl
vania is not privy to the arrangement and wants the road,
it will be a very easy matter to offer an advance in price.
W e have an instance o f this kind in the case o f the New
fiaven & Hartford, which, wishing to get possession o f
the New Haven & Derby road as against the New Y ork
& New England, has this week offered a much larger sum
for the city of New Haven’s inteiest than that previously
offered b y the New England. But the Pennsylvania
itself affords a case in point, in the struggle for the pos.
session of the Philadelphia W ilm ington & Baltimore in
1881. The opposition felt confident they had the prop
erty— in fact they held written options for its control— but
the contracting parties could not deliver the goods, and the
Pennsylvania by offering several millions more than its
opponents got the road.
N ow that the question has been raised, it may be inter
esting to review briefly the present and past situation
o f affairs with reference to the lines to St. Louis. It is
not so long ago that the Pennsylvania controlled two
routes to that city— the present or Yandalia one, and the
Indianapolis & St. Louis and A lton & Terre Haute route.
The Ohio & Mississippi furnished the Baltimore & Ohio
outlet. N ow the Indianapolis & St. Louis is a V an d er
bilt connection, while the Ohio & Mississippi since
the late election has ceased to be an exclusively B iltimore
& Ohio line, which apparently makes the B. & O. people
feel dissatisfied and gives an air o f plausibility to the re.
port that they are behind the Ives syndicate. A glance at
the map, however, suffices to show that the Ohio & Mis
sissippi is the only natural outlet to St. Louis for the Bal
timore & Ohio system. In addition to these lines there is
a new one in process o f construction. This is the To*
ledo St. Louis & Kansas City, a former narrow gauge
road previously in great difficulties, but now reorganized
and having sufficient means to change its gauge to stand
ard width, which is being rapidly done. The line runs all
the way from Toledo to St. Louis, between which points
Quite unnecessary alarm we think has been caused this
week by reports from Cincinnati and Indianapolis that the
Ives or Cincinnati Hamilton & Dayton syndicate had
purchased, or was seeking to purchase, control o f the
Terre Haute & Indianapolis which now forms a link in
the Vandalia (Pennsylvania) route to St. Louis. Some
persons have very hastily drawn the conclusion that the
Pennsylvania was to lose the whole o f the line between
Indianapolis and St. Louis and that it was to be left ab.
soiutely without an outlet to the latter city. The fact of
the matter is, there is no basis o f probability to either
supposition.
It is doubtless true that the Ives people are seeking to
obtain possession of the Terre Haute & Indianapolis, for
to that extent current reports seem to be confirmed. It
may also be true that the Baltimore & Ohio may be back
o f the matter, though it is quite easy to see that the Cinnati Hamilton & Dayton might find use enough for it
alone. But that the Pennsylvania could be deprived of the
road, against its wishes, is an extreme and violent assump
tion for which there would appear to be no justification.
It is o f course preposterous to suppose that an active,
wide-awake management like the Pennsylvania would at
this late date be caught napping. Hence if control of
the Terre Haute & Indianapolis does pass into other
hands, it will be because the Pennsylvania is not unwil
ling that it should, or has good reasons for desiring such
a step. The Pennsylvania might, in view of the availa.
bility o f other lines, think the retention of this link of
not sufficient importance to warrant the effort to keep it.
Or it might consider the obtaining of a foothold in the
road by the Hamilton & Dayton as not at all antagonistic
to its own interests, for there is nothing to preclude the
idea that the two parties might work harmoniously
together.
The Pennsylvania might even allow the
road to go to
the
Hamilton & Dayton people
as representatives o f the Baltimore & Ohio, but
in that case we may be sure1 it would be to
further some grand scheme for settling all differences
between the two systems and give the Baltimore & Ohio a
permanent entrance to New Y ork. Such an outcome we
regard as by no means improbable, as we have on pre
vious occasions intimated. It would be in accord with
the spirit o f the times and, besides, it would seem a neces
sity o f the situation.
[VOL. X L1 Y .
also the W abash has a line.
It was in 1882 that the Pennsylvania disposed of its in
terest in the Indianapolis & St. Louis to the Cleveland
Columbus Cincinnati & Indianapolis (Vanderbilt road)
the terms being that the purchaser assume all obligations
on account o f the A lton & Terre Haute lease and the litiga
tion in reference thereto then pending. In referring to
this transaction President Roberts in his annual report for
that year said that it relieved the company “ from making
« further burdensome advances on behalf o f a road which
“ is no longer necessary to the protection o f your (its)
“ interests west of Pittsburg.” This is interesting now
only as showing that the management must have felt pretty
confident o f a continuous hold on the Vandalia, the line
retained. There is one other point to be borne in mind,
which is, that only the piece of road between Indianapolis
and the Illinois State line, and not the entire route to
St. Louis, would apparently be lost to the Pennsylvania
in the event o f a sale o f the Terre Haute & Indianapolis. It
is true the latter operates the St. Louis Vandalia & Terre
Haute (Indiana State Line to St. Louis) under lease, but
the lease is a joint one, for the benefit of both the Terre
Haute & Indianapolis and the Pennsylvania. The yearly
profit or loss is regularly shared in equal amounts by the
two companies. Moreover the two companies are respon.
sible as guarantors for a considerable part of the debt
of the Vandalia road. Finally the Pennsylvania has a large
J une 4, 1887.]
T H E CH R O N IC LE
ownership in the securities o f the N and alia, and controls
and elects the board of directors.
There is still another aspect o f the matter that deserves
attention. The lease was made in 1868 in pursuance o f a
contract providing that when the "V andalia (then under
construction) was completed, the roads a party to the
agreement should form a continuous line from St. Louis
via Indianapolis to Pittsburg. The question is whether
under this agreement a part can be separated from the
rest. Can either the Terre Haute & Indianapolis alone or
the Terre Haute and the Vandalia combined be segregated
from the Pennsylvania? Must they not all be operated
together? W aiving this question, however, in the con
tingency that the Terre Haute & Indianapolis should pass
out o f the Pennsylvania system, the Pennsylvania could
easily find a substitute. The Indianapolis & St. Louis
runs between the same points, and as it is not a very
profitable piece of track, the Vanderbilts would doubtless
welcome any additional traffic that the Pennsylvania
might throw over it. F or that matter, should it become
necessary, the Pennsylvania could use the Indianapolis &
St. Louis (leasing the A lton & Terre Haute) all the way to
St. Louis. Moreover, should the contingency in question
arise, the Alton & Terre Haute is not the only line that
would be available. There is the Ohio & Mississippi
which is now open to all comers. The Pennsylvania could
use it the whole length via Cincinnati or only for the dis
tance west of Vincennes where the tracks o f the two
systems meet. The new Toledo St. Louis & Kansas City
might also be made to answer by way of some one of
the many connecting points in Indiana, though for tbe
Pennsylvania’s purposes this would hardly be as direct as
some of the other lines mentioned. But we have said
enough to show that whatever happens, Pennsylvania in*
terests will not suffer.
TH E S IT U A T IO N / V F R A N C E — TH E N E W
M IN IS TR Y .
I
I
1
I
i
I
I
I
I
I
I
I
I
I
I
f.
A conspicuous event o f the week has been the advent
to power in France of M. Rouvier, the President of the
Finance Committee, which brought about the downfall of
the Goblet Cabinet some two weeks ago. N ot perhaps
since 1871 has France experienced so grave a crisis. Such
is the state of parties in the Chambers, and such is the
state o f feeling outside of the Chambers, that it has been
with the utmost difficulty President Grevy has been able
to find any of the more prominent statesmen o f the Re.
public willing to assume the responsibility of form ing a
governm ent; and now that a government has been
formed, it is far f rom certain that it will survive the first
stage of its infancy. The reception accorded the new
Cabinet by the Chamber of Deputies on Tuesday last was
by no means satisfactory. M. Rouvier and his friends
are entirely at the mercy o f the same forces which overthrew tbe De Freycinet Cabinet in Novem ber last, and
which first tolerated and then destroyed the Goblet C abi.
net after a six months’ existence. A s the situation now
presents itself, it cannot be said that the crisis is ended.
Rightly to understand the present state of affairs in
France it is necessary to consider the causes which have
brought about these cabinet changes. It is well to note
that at the present time in France the contending
elements are not republican on the one hand and mon*
ar°hial on the other. The monarchial element, for some
time past, has beeD, if not d etd at least quiescent. Tne
Republic a us have had things very much their own way.
But as has happened more than once in French history
already, the Republicans, in proportion as they have
695
become masters of the situation, have ceased to be a unit
among themselves. The present struggle, therefore, does
not hinge upon any o f the old political lines. A careful
examination o f the vote which overturned the late cabinet
shows that on both sides all but one of the existing sec
tions were represented. In the minority, as in the m ajor
ity, there.were Moderates, members of the Extreme Left,
members o f the Radical Left, and unattached.
The
Reactionaries were strong in the majority; but not a few
o f them as well as several Republicans of different shades
were neutral. There are two questions which, at the
present time, and almost exclusively, occupy the minds o f
the French people, and divide the opinions o f French
statesmen. The one question is financial: the other is
military. Both o f these have play in the present struggle.
It was upon the financial question that the Goblet ministry
sustained defeat; but the military question came prom i.
nently to the front in all the attempts which were made to
construct a new cabin et; and it is next to impossible to
resist the conviction that the uncertainty o f the present
situation— the doubtful tenure o f power b y the new m in
isters— is more directly attributable to causes connected
with the military than with the financial side of things.
It is simply impossible to appreciate the situation w ith
out having regard to both these factors ; and the peculiarity
in the case is that although hitherto, and so far, they have
acted in a common direction, they are necessarily antag.
onistic. It is no longer a secret that France year by y ea r,
in spite of her splendid resources, is increasing the burden
of her debt and taxation ; and in spite of the increased
revenue there is an annual deficit. It is natural that the
people should growl. It is natural also that statesmen
who have the welfare of the nation at heart should seek to
ameliorate the evil. M. Goblet was pledged to a reduction
of expenses. His proposals were not satisfactory to the
budget committee. He could g o so far, but no further.
H e was willing to act with the Finance Committee, and
to consider their suggestions. A fter having accepted a
“ proposal which affirmed the necessity o f reductions, and
which appealed to the patriotism o f the Government and
of the Finance Committee to come to an agreement,” M .
Goblet upset the arrangement, by stating in reply to M*
Pelletan, “ I will look for reductions with you, but I
cannot promise them before finding them.” The mistake
was in agreeing to accept any such proposal. M. G oblet
would have retired with greater dignity if he had stood
by his own plan and boldly courted defeat. A s it was»
the House had no choice but to call for a division, when
the Ministry was defeated by a vote of 275 as against 257.
It is thus seen that the defeat was on financial grounds;
but the majority was small— smaller by 12 than that which
overthrew M. De Freycinet on Novem ber 26; and most
people will agree with the French “ Economiste” that
“ economy was rather the pretext than the reason o f the
defeat.”
"We have seen how difficult it has been to organize anew
Cabinet. "We have seen Da Freycinet trying, but trying
in vain, because he was unwilling to be saddled with
General Boulanger. W e have seen how things have been
brought almost to a deadlock, because the President o f the
Republic could not make up his mind to call to his coun
sel M. Clemen ceau, the patron and friend of the popular
military chief. W e have at last witnessed the formation
of a cabinet of which Boulanger forms no part; but we
have also witnessed demonstrations in Paris and else
where which show that the retired Minister o f W a r is by
far the most popular man in France. The situation is
the reverse o f hopaful for the present Ministry. M. Rou •
THE
696
CH RO N ICLE.
vier promises to retrench to the extent of 60,000,000 francs.
"Will that prove satisfactory to the party o f retrench
ment— a party which demands radical changes, which
finds fault with the management of the railroads, which
objects to the money about to be spent in connection
with the coming Exposition, which thinks 20,000,000 francs
might be saved in the matter o f public instruction, and
which calls for *a large reduction in the number of
Government officials as well in the higher as in the
lower grades ? Much will depend on the coming inter
pellation, and much also on the good sense of the deputies.
But, as said, the difficulties which beset M. Rouvier at the
commencement of his ministerial career are not financial
alone. The recent demonstrations in favor o f Boulanger
show that the war spirit has been fanned into flame, and
that much as the Government and the conservative
element in the Chambers may wish to hold this spirit in
check, it may be too Btrong for them. Boulanger is not
likely to make any special efforts to efface himself; and it
may yet become a question whether he would not be less
harmful in office than out o f it.
The defeat of Rouvier would open the door again either
to De Freycinet or to Clemenceau. If the military spirit
shows no signs o f abatement in the energy of its expres
sion, and Boulanger should be necessary in the ministry
to satisfy popular demand, the chances would be more in
favor of Clemenceau ; and there are many who think that
Clemenceau with Boulanger well in hand, would be a safer
arrangement than De Freycinet with Boulanger out o f
office. A new general election, in the event of the new
ministry sustaining defeat, might be a necessity; and the
fear is that an appeal to the people in present circum
stances would place the power in the hands o f the party o f
aggression. It will be well if M. Rouvier shall succeed
in giving something like satisfaction, and the nation shall
settle down to the work of (retrenchment. The Republic
ought to mean peace. Its interests point to peace and not
to war. If the retirement of General Boulanger is, on
second thoughts, seen to be for the general good, and the
people accept it as such, the change may mark the com
mencement of a new and better era for Europe.
F IN A N C IA L R E V I E W OF M A Y .
May was rather a dull month. The city banks did not
improve materially in their condition and the 23th found
them with a surplus of only $5,779,600, against $7,139,*
925 on the 30th of April.
The money market was fairly supplied with funds and
there was never any real stringency in the loan market i
but this was probably owing to the moderate activity in
stock speculation. There was a brisk speculation in wheat
and also in coffee, and the wheat clique at Chicago were
reported as large borrowers o f money.
A t the Stock Exchange there was steadiness, and even
strength, in prices o f many stocks during a great part o f
the month, based on the reports of heavy railroad earn
ings, and on a fair investment demand, but there was
never a large speculative business, and commission brokers
were relatively quiet. Railroad budding was carried on
with energy, and about 800 miles of new road was sup_
posed to have been finished in May.
Much o f the activ.
ity at the Board was limited to special stocks, some of
which fluctuated widely.
F ort W o rth & Denver was
noted for its wide range, and the St. Paul & Duluth com
mon for a large rise.
A m on g the railroad events were the default, May 1, on
Denver South Park & Pacific bonds; the sale o f Boston
Hoosac Tunnel & W estern to the Fitchburg R. R .; the sale
o f Nickel Plate in foreclosure May 19; the proposed issue
[ Y o l . XLIV.
o f $4,000,000 pref. stock and $2,500,000 bonds by N or
folk & W estern to build the Clinch V alley Division to
connect with Louisville & Nashville, and the issue of
$5,000,000 new stock b y Missouri Pacific for extensions.
Foreign exchange was inactive and rates were kept
down by the supply o f bankers’ bills, as the low rate for
money in London and higher rate here (the difference
being 3 @ 4 per cent) had a tendency to keep funds here;
the sale o f loans abroad was also an important feature. The
foreign trade figures for A pril were much against the
United States.
The following summary shows the condition of the New
Y ork City Clearing-House banks, rates of foreign exchange
and prices o f leading securities and articles o f merchan
dise, about the 1st o f June, 1885, 1886 and 1887.
STATISTICAL SUMMARY ON OB ABOUT JUNE 1 , 1885,1886 AND 1887.
1885.
New York Oily Bankt—
Loans and discounts.............. $
8pe up..................... ................$
Cir lation.............. ...............$
Nat deposits.................. . ....... »
Legal tenders......................... $
Legal reserve............... . ....$
Reserve held..........................$
1887.
1886.
293,146,200 311,540,500 3 6 4 ,4 6 3 ,5 0 0
114,501,500 69,516.800 73,755,600
7,851,700
8,266,000
10,361,100
361.483.900 365,242,000 371,460,800
36,638.400 35,624,300 24.889.200
90,370,975 91,310,500 92.865.200
151.139.900 105,141,100 98,644,800
5,779,600
Surplus reserve...................... $ 60,768,925 13,830,600
Honey. Exchange, Silver—
4%®6
1%®2
1® 2
Call loans..................................
5951«
3%®4
Prime paper, sixty days.......... 3%®4
43\d.
4Jli«d.
45 i«d.
Silver in London, per oz..........
4 861 «
4 871«
4 88
Prime sterling bUfe, 60 days..
United Stales Bonds—
1323s
132
1321*
6s, currency, 1898....................
109%
112
111 ¡h
4*38, 1891, coupon...................
129»«
1221«
1 2 6 ie
4s of 1907, coupon..................
Railroad Stocks —
113%
82%
10314
New York Central A Hud. Rtv.
34%
19%
Erle (N. Y . L. E. & W .) ........
2714
98
51>*
Lake Shore A Mich. Southern.
823e
94
697a
48
Michigan Central.....................
136»«
126
114
Chicago Rock Island A Pacific
137%
137»«
125
Illinois Central.........................
113»«
I257e
927s
Chicago A Northwestern, com.
931«
93%
66%
Chioago Milw. A St. Paul, oom.
1303e
139 H
j
101
Delaware Lack. A Western ...
82%
53%
3578
Central of New Jersey............
Merchandise—
ioie16
Cotton, Middl’g Uplands. 9 1 .
b
H 7i<
5
9 316
31934
32(2)34
32933
Wool, American X X ........< 1 .
j? b
Iron, Ainer. pig, No. 1 ..V ton. 18 00918 50 18 00918 50 20 50921 50
35 00936 00 38 00 039 OO
27 00
Bteel rails at nulls...................
83»«
97Wheat, No. 2 red w in .# bush 98%®99
47
4314
Corn, West. mix.No. 2 .$ bush. 51 95l>4
16 00
10 00
11 50
Pork, mess......................19 bbl.
62i«
793s
63%
Petroleum pipe line oertifio s
c lo sin g i-r ic e s o f Go v e r n m e n t s e c u r it ie s in m a y , 1887.
May.
6s,
3s,
4»«s, 4 s,
Our.,
1891. 1907, opl'n 1899,
coup. coup. reg. reg.
128%
7
128%
.. S.
A
9
IO
11
12
19.............
.. 8 .
1 1 0 % 129
I -,
2
5
1
4
.
5
ft
13
14.............
15 .
1 ft
17 ..
18.............
11 U%
___8 .
May.
2 0 .............
2 1 .............
2 2 .............
137%
6 s,
3s,
4 »«s, 4*, opl'n Our.
1891, 1907, T . S. 1899»
T
coup. coup. reg. reg.
129
129%
23.............
24............. 1 1 0 % 129se
25.............
129%
26.............
129%
27.............
28.............
29.............
.Holi day..
30.............
31............. 1 1 0 78 129%
Open___...
Hugh..........
Low............
Clos............
1 10 % 129
1 1 0 % 129%
1 .» % 128%
1I0%'129%
137%
137%
137%
137%
The following table will show the lowest, highest and
closing prices o f railway and miscellaneous stocks at the
N. Y . Stock Exchange during the months o f A pril and May.
OF STOCKS IN APRIL AND MAY.
— May.— A p r il. ----------<
C losing L ow - H igh - C losing L ow - H igh - Clos’g.
est. May 61
Apr. 30. est.
Mar. 31. est. est. .
range
R a il r o a d s .
149% 151
145
Albany & 8 u sq ............. . .. 145
105% 109% 108% 109% 116%
Atchison Top.& 8. Fe 105
15
13%
14
Atlantic & Pacific...
12% 12%
14%
.... ......
40
40
Beech Creek.......................
87
75
Do
pref.............
......
75
75
Belle. & 8.111., pref.............
ib i
100
100%
100
Bost.& N.Y.Air L. p f. §99
72%
74%
72%
69
64
Buff. Roch. & Pittsb.
64
47
Burl. Cedar R. A No.............
50% . . . . . . . . . . . . . . . . . .
65%
62%
66
62
65%
Canadian P acific....
62%
61 -s
60%
64%
63
Canada Southern....
62%
59%
..........
___
15%
15%
Cedar Falls A Minn.............
15
11%
14
13%
11%
Central Iowa...........
11
82%
79
81%
86%
72%
Central of N. Jersey.
72%
41%
43% *41
40
39%
Central Pacific........
39%
9%
9%
7
8
8
Ches. A Ohio............
*7%
14%
15% *14% 12%
14
Do
1st pref. *15
10%
9
10% *10
Do
2d pref. *10
9%
147
145% 155
Chioago A A lto n .................. 145
162
162
Do
pref.............
* Prices !>id. t Prices asked. § Ex-dividend. H Ex-rights’
116 %
*14%
85
69
‘ *62%
62%
*12
81%
*40
*7
*13
9
THE
J une 4, 18S7.J
Oloting Low- High- Closing Lowesl. Apr. 30. esl.
Mar. S i. est.
146%
Chic. Burl, A Quincy. 140
1397a 147»« 147
62
6778
Ohio. A Ind. Coal By ........
62
97
98
Do
pref. . . . . . .
98
90%
Chic. Mil. A 8t. Paul. §92% 907
8 93 »8 91%
122 *120% 120
Do
pref. §122 120
121 % 121% 120%
Chic. A Northwest.. 120% 119
151% 149% 149%
Do
pref. §146 146
Chic. A Bock Island. 126 125% 130
128% 129
20%
22
18%
Chic. St. L. A Pittai). 19
18%
50% 49
Do
pref. 443s 44
52%
53%
52
51%
Chic. St.P.Minn.A O. 51% 51%
Do
pref. 112% 111% 113% 113% 112%
146%
Cin. Ham. A Dayt’n............. 141
146% §146
87
Cin. Ind. St. L. A Ch.............
87
93
91
5
6
*5
d o . Wash. A B alt...
5%
5
9
8%
Do
pref.
*8%
8%
10 %
65
65%
Cler. Col. Cin. A Ind. 65% 65
68
152%
Cler. A Pittsb.,guar. ........ 152% 153
Colum. A Green v. pf. .........
50
50
‘ 30%
30%
Col. Hook.Val. A Tol. 32
30
34
Del. Lack. A West’m . §134% 134% 138% 137% 136%
31% 30%
Ben. A R. G., ass. pd.
30% 30
32%
62%
64
Do
pref. 64% 61
65
19%
Denver A Rio Gr. W. 20
20
23
82
Dab. A Sioux City...............
85
85
13% 13
E.Tenn.Va.A Ga.Ry.
13% 12%
14%
74
74%
Do
1st pref. 74% 74
76%
25% 24%
Do
2d pref. *25
24%
26%
15%
Elis. Lex. A Big 8................
16%
17
95%
Evansville A T . H ...
86
§86% §100
49
47%
Ft.Worth A Denv. C. 42% 41
50%
15%
Green B. Win. A St.P. 15% 15%
17
16%
Do
pref. ..................
......
26%
223
223
Harlem.................................. 223
30
*25
Houst. A Tex. Cent.. 40
37%
133%
Illinois Central...... 129 129
96
97
135
Do L’sedLine 4p.o . . . . . .
96
24
Ind Bl.A W.,ass.pd. 27
24
27%
Keokuk A Des M.............
12
13%
Do
pref.............
30
32%
Kingston A Pembr.. 43% 43
47%
45%
45
23
Lake Erie A West................
23% 24% 24%
58
Do
pref. ........
59% Cl
60%
95
95% 94%
Lake Shore...............
96% 95%
95
Long Island.............
97
§95% 97%
66%
Louisville A Nashv.. 66%
65% 70%
67%
64%
L ouIbv. N. A. A Chic.............
61
61
67
Marq Hough. A On. .....................
27%
Do
pref.
.................
98
Manhattan, oonsol.. §155% 155% 161% 159% 158
ManhattanBeaehCo. . . . . . .
16
16
17
Memphis AGha’ston. 57% 58
59
64%
Mexican Central.... *15% 16
18
17%
22
Michigan Central...
93% 90
91
92
93%
Milwaukee A North.............
41%
41%
55
Milw.L.Sh. A West. *87% 87
92% *92
91
Do
pref. 110% 109
115% 115% 115
Minneapolis A St. L.
19% 18
20 % *18
18
Do
pref. 44% 43% 43% *42% 43%
Mo. Kans. A Texas..
32% 31%
32% 31%
34%
Missouri Paoiflo.......§108% 107% 109% 108% 107%
IMobile A O hio........
16%
16
15
16%
18%
iMorrls A Essex....... *137 137
139
139%
82%
■ Nashv.Chatt. A St. L. 85
82%
§93
87
....
12
■ N e w Jersey A N. Y .. .....................
I N . Y. Cent. A Hud. R. § 112 % 112 % Ï Ü “ 113
112%
| Y.Chlc. A St.L ,ass.
N.
19%
19
18% 20% 19%
34%
34
Do pref., ass
32% 31
35
i N. Y. Lack. A West.. 105% 106
108
108
108
■ N.Y. Lake tV ia A W.
kl V T uba Erie J. 1 7
1
35% 34%
33%
34% 33%
■ Do
pref.
73
72% 74%
72
N. Y. A New Engl’d.
65% 56% 65% 58% 55
222%
N.Y. N.H. AHartf’rd 220% 220
227
N. Y. Ontario A W ...
18% 18%
19
19%
18%
N. Y. Susq. A West..
13%
12
13
13% *13
Do
pref..
36%
36% 38% *37% 36%
21%
Norfolk A Western..
20%
22% *20%
20 %
50% 50
Do
pref..
54%
51% 51%
Northern Pacino....
28%
30% 29% 29%
28%
Do
pref. 60% 60
62% 62
61%
32%
31% 30%
Ohio A Mississippi..
30%
29%
Do
pref.
93
92
92
20%
Ohio Southern........
19%
19% 21%
Oregon Short Line.. 29%
28% 30%
29% 27
Oregon A Trans-Con. 33%
33%
85% 34%
33%
34%
Peo. Decat.A E’ ville. 34%
36% 35%
34%
Phila. A Reading .. .
39%
47% 45%
44
39
Pittsb.F.W.AC.guar............. 147
148%
Pitts. McK’sp't A Y.
104
Rensselaer A Bar....
170
170
170
Rich. A Al. st’k.tr. et.
6%
4
7%
41% 37%
RlohmondAWest Pt.
42% 39%
88%
Do
pref.
75%
72%
71% 76% *73
Rochester A Pitrsb..
4
Rome Water. A Ogd. 85
85
90% 90%
90
St. Job. A Gr’nd Isl’d
28
28
St. Louis Ark. A Tex. 23
21% 23%
20
St. L. Alton A T. H .. *33
33%
34% 34
34%
Do
pref.
71
75
*72
75
St. L. A S.Franclseo. 33% 33% 40%
37%
37
Do
pref.
68% 69
80% 77%
77%
Do
1st pref. 115% 115
118% *116% 116%
St. P. A Duluth........
62
62%
69% 67%
62%
109% 108% 110
Do
pref. H H
109% 108%
St. Paul Minn. A Man *117
117
113
118% 114% 114
South Carolina R R..
15
12
13%
10
Southern Pacific Co.
34%
34
34%
34%
35
TexasAPae., ass.pd. 80%
27%
31% 31
30%
ToL A Ohio Cent....
28
*28
28
Do
p r e f . ______P_BL
55
56
*55
55%
United New Jersey............. 216
216
Utah Central__ . . . . . . . . . . .
20
Utica A Black River.............
118%
Union Pacino...........
61%
63%
62
60%
Virginia Midland.............
35
35
Wab. St. L. APao—
Pur. Com. reepts..
19%
22
20%
20%
Do
pref..
3o%
87% 36% 35%
Wheeling A L. Erie.............
61%
63%
57%
R ailroads.
...
...
T elegraph.
Comm’cial TeL, pref. ........
Western Union........ 77%
CH RO N ICLE.
697
--A p ril..
-May.High Clos’g
Closing Low- Htgh- Closing Low- High- Clos’g.
est. May 3Í.
Coal and Miring. Mar. 31. est.
est. Apr. 30. est.
est. May 31.
156 § ........ Camer. Iron A Coal
45%
38
46%
41
64% 62
Colorado Coal A Iron 41%
47%
53%
50%
99%
Consolidation Coal..
93% Colum. A Hook. Coal 46% 45% 50
95
48%
45%
45%
127% 12478 Homestaico Mining..
14% 15
15%
15
16
126% 125% Maryland Coat........
13%
15
14
151% Marshall'Con. Coal..
153
25%
140% 137
N. Y. A Perry Coal..
7 Ì 78 69 % 727s
69
20% *18% New Central Coal...
14
16
14
14%
*49
52
Ontario Silver Min..
25
25%
24%
53% Quicksilver Mining.
54%
6
6%
*5%
*6
0%
*6%
117% 117
29
31% 31%
30%
Do
pref. *28
33%
146%
44
50
Tenn, Coal A Iron...
47
§44% 38%
39%
89%
V arious.
*4%
5%
Canton Company....
9%
*8
89% »0
86%
87%
65% Chartiers Val. Gas..
67%
89
8378 86% §85
§85
153% 153% Consolidated Gas Co. *85% 84
Del. A Had. Canal... 1 0 l7s 101 % 105% 104% § l0278 105% §104
Equitable Gas L. Co.
127%
127
129%
128
33%
37
Iron Steamb. Co.......
22
22
26
26
139% 139
*135
135
137%
144
32% Joliet Steel Co.......... *135
138
144
32%
N. Y. A Tex. Land...
105
105
67
67%
41
38%
43%
40
38
54%
53
217s *18% Oregon Improv. Co..
Oreg’n R ’y ANav.Co. §102% 100
101
10378
105% 104
82
55
58% 56%
14% Paoiflo Mail............... 55%
54% 57%
15%
55%
104
107% 101
108 *106% 101
78
7578 Philadelphia Co....... 107
152%] 151
153 *150
28% 27%
150
159%
15% *15%
BANKERS’ STERLING EXCHANGE (POSTED BATES) FOR H AT, 1887.
99%
98
62%
47%
De
60
60
De
60
De
16%
16% May. days. mand. May. days. mand. May.
■days. mand.
27%
28
225
223
1 .... ........ 8.
13___ 4 86%-7 4 88-%
4 86%-7 4 88-%
37
2 .... 4 86%-7 4 88% 1 4 .... 4 86%-7 4 88
4 86%-7 4 88-%
138
138
3 .... 4 87-% 4 88% 9 15___ ........ a.
4 86%-7 4 88-%
98
99
4 .... 4 87-% 4 88%-9 1 6 .... 4 86%-7 4 88
1 88%-7 4 88-%
*24
25%
5 .... 4 87-% 4 88%-9 1 7 .... 4 86%-7 4 88-%
. . . . . . 8.
6 .... 4 87 4 88% 9 1 8 .... 4 86%-7 4 88-%
...H oli- d a y ....
7 .... 4 87 4 8S%-9 1 9 .... 4 86%-7 4 89-%
4 86%-7 4 88-%
45%
47
8 .... .........8.
20___ 4 86%-7 4 88-%
24%
23%
86%-7
60%
537e 19 .... 4 86%-7 4 88-% 2 1 .... 4 86%-7 4 88-%
0 .... 4
4 88-% 2 2 .... ......... s.
R’ nge
98% 98
1 1 .... 4 86%-7 4 88-% 2 3 .... 4 86%-7 4 88-% High 4 87%
4 8»
93%
99%
1 2 . . . ■ 86%-7 4 88-% 2 4 . . . 4 86% 7 4 88-% Low. 4 86%
i
4 88
68%
69%
64
64%
.... .
30%
100%
98
160% 159%
T H E D E B T S T A T E M E N T F O R MAY\ 1887.
16%
18%
INTEREST-BEARIN G DEBT.
62%
59
19
18%
Amount Outstanding.
95%
94
Character of Inter’t
ln t. Due Accrued
62
Issue.
P ’y’ble Registered. Coupon.
A Unpaid. Interest.
Total.
*92%
94%
119
117
$
$
$
$
t
20%
1978
Q.—
F.
19,716,600
19,716,500
7,855
49,991
47%
48%
32% 4% s ........ .1891. Q .-M . 806,482,750 43,517,250 250,000,000 344,794 2,818,500
33%
112
110% 4s.............1907. Q .-J . 621,815,550 115,994,600 737,800,150 1,274,397 4,918,667
15% is refdg.certfs. Q.—J.
17%
56,208
175,650
1,171
140
8s, pension ... J.A J.
14,000,000
175,000
420,000
85% Pacific R R s ... J.A J. *64,628,512
87
*04,623,512
33,689 1,615,587
12
114% 113%
Aggregate.
912,638,318 159,501,850 1,086,815,812 2,136,945 9,572,217
20%
1978
• 3,969,000 mature Jan. 16,1805; $640,000 Nov. 1.1885; $8,680,000 Jan. 1.1806;
36%
37%
$4.330,000 Feb. 1,1886; $8,712,000 Jan. 1,1897; $88,904,933 Jan. 1,1888; $11,004,560
109
35% 3478 Jan. 1,1889.
76
74%
DEBT ON W H ICH INTEREST H A S CEASED SINCE M A T U R IT Y .
59%
61%
233
Aggregate o f debt on whtoh Interest has ceased since maturity Is $6,541,893;
19% interest due and unpaid thereon, $196,107. This debt oonslsts o f a number o f
197s
13%
12%
37%
36% small items o f which the principal amounts are called bonds, the largest
Items being $4,471,900 called 3 per cents o f the loan o f July, 1882, and $878,950
21
23
5578 5278 called consol 6s o f 1867.
32%
33%
DEBT BEARING NO INTEREST.
62%
63%
Amount.
31
30%
.... ...
..
.
...
22
29
35%
39%
47%
152
104
170
170
AJ%
$57,130
846,681,013
39%
To
4
93%
27%
34%
38%
47
Less amount held In Treasurer’s cash.................
Less amount held In Treasurer’s o a s h ................
Less amount held In Treasurers oa sh ................
Less amount estimated as lost or destroyed....
*92
Aggregate o f debt bearing no Interest............
9,400,000
410,000—
8,990,000
123,062,335
82,101,858- 90,960,977
144,432,492
5,289,164- 139,143,328
15,323,256
8,375,934—
6,947,322
$592,779,778
R EC APITU LATION
23%
44
84
44%
84%
119%
«0
11¿%
120%
18
3478
35%
42
*©0
43%
83%
119
btì%
113%
120%
10%
55%
55%
63%
42%
61%
42
22%
38%
63%
21
36%
58%
34%
Principal.
Interest-bearing debt—
4%s....... ........................... 350,000,000
4s................................................
8 s .....................................................
Total.
737,800,150
19,716,500
175,650
14,000,000
64,633,513—1,086,815,813 11,709,163 1,098,024,975
6,541,895
196,107
6,787,403
Refunding certificates, 4s.
Navy Pension fund, Ss......
Pacific RR. bonds, 6 p. ct...
Debt on which lnt. has ceased
Debt bearing no Interest846,788,146
Legal tender notes, Ac.
8,990,000
Certificates of deposit..
90,960,977
Gold certificates..........
Silver certificates.......
189,143,328
Fractional currency....
6,947,322- 592,779,773
592,779,778
1,685,636,880 11,905,271 1,697,542,151
Total debt...............
Less cash items available for reduction of the debt. ..,$377,808,997
Less reserve held for redemption of U. S. notes........ . 100,000,000 $377,808,997
102
10 Ì
102
7a% 77%
75%
Total debt, less available cash items.............
Net cash in the Treasury...................................
1,320,233,154
23,951,692
Adams........ ....
*143% 142
144% *142
147 *145
143
American..................*109
109
115 *114
114% 118% 117
United States............
63
62
65
65
63%
73% *-38
Wells, Fargo A Co___ 127% »127
*128
128% 134% 134%
H* Prices bid. f Prices asked, § Ex-dividend,
Ex-rights.
Debt, less cash in the Treasury, June 1,1887....
Debt, less cash in the Treasury, May 1,1887 ......
Decrease of debt during the month.................. .
Decrease of debt since June 30,1886........... ......
1,296,281,462
1,305,170,459
E xpress.
75%
77%
7u%
8,888,997
92,854,921
698
THE
CHRONICLE,
[VOL. XLIV.
| U N ITED STA TE S T R E A S U R Y STA TE M E N T.
3 d week o í May.
1887.
1886.
Increase. Decrease.
The following statement for May, from the office of
9
$
9
9
the Treasurer, was issued this week. It is based upon the actual Prev'ly rep’ted (38 roads) 2,456,571 2,137,0901 344,567
25,086
Atlantic & Pacific...........
69,100
32,074
37,026
returns from Assistant Treasurers, depositaries and superin California Southern____
30,560
19,391
11,169;
43,040
28,012!
15,028
tendents of mints and assay offices, and shows the condition o f Chicago & East. Illinois..
67.584
Chicago St. L. & P itts....
56,39o|
11.188
56,979
45,638
11,341
the United States Treasury May 31 ; we give the figures CSn. N. O. & Texas P a c...
25,241
6,764
Alabama Great So.......
18,477
for April 30 for comparison :
8,921
New Orleans & N. E _
_
8,7571
164
Ma
t
Assets and
Liabilities.
Assets and
Liabilities.
Balances.
$
Balances.
9
1
$
G old —Coin.
B u llion ...,
A P R IL 3 0 ,1 8 8 7 .
8 1 , 1887.
192,401,905
85,100,755
191,473,845
88,803,571
Total gold........... (Asset) 277,028,750
Certificates Issu ed ...... 123,002,835
Certificates on h a n d .... 32,101,358
275.330.910
123,339,525
28,905,040
Certlfio’s, net.(Uabtltty) 00,900,977
Net sold In treasury.
SILVER—DollarB.stand’rd 209,052,007
8,248,302
Bullion.................. .
04,434,485
180,007,773
■Total silver.. . . . .(Asset) 212,800,910
Certificates Issued........ 144,432,492
5,289,104
Certificates on hand....
209.900,748
142,748,130
Certlflc’s. net.(Liability) 139,148,828
Net silver In treas’y
Certificates Issued........
Certificates on h a n d ....
Certiflc’s, net.(Liability)
Net U.S.notes In treas.
Trade dollars redeemed
National Bank n o t e s ...
Deposits in Nat. Banks
180,002,431
205,788,822
4,171,920
187,740,430
73,157,591
30,757,870
0,400,000
410,000
72,220,318
28,575.474
8,510,000
160,000
8,990,000
8,350,000
21,707,370
0,021.277
875,170
22,802,574
20,225,474
5,902,435
310 ,419
20,747,306
3 1 1 , 3 9 1 ,7 6 7
B a la n c e e ... .(A sset)
P u b l ic D e b t a n d I n t .
2,103,250
Interest due,unpaid..
7,956,030
Accrued interest........
0,541,295
Matured d ebt.............
100,108
Inter’t on matured debt
Called b ’ds not matur’d
19,700,001
and balance o f lnt
2,004
Debt bearing no lnter’st
Int. on Pac. Kit. bonds
38,000
d u e,u n p a id.... d
A co’dint.jPac. ItR .b ’ds 1,015,5.88
3 0 0 ,3 7 4 ,4 4 2
2,700.250
4,085,517
0,810,715
193,300
8,305,950
2,922
36,420
1,292,470
Debt and int.(Liability) 38,214,092
2,004
Fract’l cur’cy redeemed
40,798
Int.ch’cks & coupons p’d
23,593.544
2,922
258,621
48,802
Debt and lnter’st .(Asset)
D ’bt&int.net(Liability)
B es’ve for red. U .8. notes. 100,000,000
Fund held for redemp. of
notes o f Nat. Banks.... 101,084,891
Fund held for redemp. of
85,234
Nat. gold bank n otes...
Five p. c. f ’nd for redemp
8 ,2 09,082
o f N at. Bank notes.....
261,548
38,165,830
100,433,490
80,794
8,524,270
Bedemp.res’r.(.LlaMh ty) 209,978,707
Nat. Bank notes in process o f redem p.. .(Asset. 3,552,000
Net vea’rv es.ilsiability,
4,889,552
P ost Office dep’t account
Dlsburs’g Office rs’ bai’ces. 31,094,858
Undistrib’d ass’ts o f fail’d
National banks...
720,601
Currency and minor coin
1,980
redemption a ccou n t...
Fractional silver coin re.
demption account......
4,900
account.........................
Treasurer's transí’rc h ’kf
and drafts outstanding
23,332,001
100,000,000
209,044,506
3,104,234
200,420,688
205,880,332
5,847,058
24,881,538
1,251,745
480
5,840
421,789
459,556
5,607,074
4,191,911
50,815
139,730
42,856,979
9,374
30,277,862
1,791
42,847,605
N et b a l a n c e ... .(A sset
Assets not available—
Minor coin............. .
Subsidiary silver coin.
36,270,071
¿ 8 7 ,4 4 0 ,0 7 3
2 6 5 ,4 8 8 ,4 0 4
'" ¿ 3 , 9 5 1 7 6 9 1
3 1 ,8 8 6 ,0 3 8
143,571
27,004,742
137,582
20,891,077
51.100,007
01,914,097
Aggregate net Asset......
E A R N IN G S IN M A Y .
Fourteen roads have thus far reported their earnings for the
fourth week of May, and with one exception they all show
an increase over the corresponding week in 1886. The total
increase reaches $281,251, or about 18 per cent.
4 th w eek o f M a y.
1887.
1886.
9
52,677
648,000
206,777
4,465
17,694
69,815
108,648
11,731
79,315
381,953
21,796
25,800
146,600
48,374
9
35,908
623,561
142,817
2,984
16,966
61,559
69,495
10,725
48,160
323,258
16,616
27,704
126,848
35,893
9
16,769
24,439
63,960
1,481
728
8,256
39,153
1,006
31,155
58,695
5,180
Total (14 roads)........ 1,823,645 1,542,394
Net increase (18 '23 p. o.).
283,155
281,251
Chicago & Atlantic.........
Chicago Mil. & St. Paul..
Denver & Rio Grande....
Evansville & India’polis.
Evansville < Terre H _
fe
_
Long Island......................
Milwaukee L. 8 . & West..
N. Y. City & Northern ...
Norfolk & Western..........
Northern Paoiflc..............
Peoria Dec.&Evansville.
St. Jos. & Grand Island..
St. Louis & San Fran . . . .
St. Paul & Duluth...........
Increase.
19,752
12,481
Decrease.
9
1,904
1,904
Our final statement for the third week of May covers sixty
six roads and records 19 per cent increase. Only nine of the
sixty-six roads exhibit* a falling off as compared with last year.
Vicksburg & Meridian..
Vicksburg Shrev. & Pac.
Cincinnati Ricn. < Ft. W.
fe
Cleveland Akron & Col...
East Tenn. Va. & Ga.......
Flint & Fere Marquette..
Ft. Worth & Denv. City..
Grand Rapids & Ind ___
Houston & Texas Cent...
Ind. Bloom. & Western..
Kansas City Fort 8 . & G.
Kansas City Spr. & Mem.
Kansas C. Clin. & Spr___
Lake Erie & Western.......
Louisv. Evansv. & St. L ..
Memphis & Charleston..
Mexican Nat. (So. Div.)..
Minnesota & Northwest..
St. L. Alt. & T. H. (M. L.)
Branches.................. .
Tol. Ann Arbor & No. Mich
7,780
2,944|
5,982
7,939
7,234
7,248
10,071
84,499
51,690
16,303
42,024
41,162
54,777
48,050
41,316
3,181
35,668
18,790
26,724
20,920
17,948
22,264
15,786
7,667
45,301
8,4351
35,1‘26|
32,978
41,728
42,150|
28,302
4,024
27,748 [
13,8021
18,930|
23,689|
7,111
26,609
11,615
5,4761
Total (66 roads)........ 3,339,257
Net increase (19*11 p. ct.)
2,803,583
....... 1
10,120
6 6 ,1 20
159
4,290
1,266
18,379
6,389
7.868
6,898
8,184
13,049
5,9! 0
13,014
7,920
4.988
7,794
10,837
4,171
2,191
568,766
535,674
49
. 843
_
,_
2,769
4,345
..........
33,092
pXm ietauyf C om m ercial gw rjIisíxUjews
[From our own correspondent.]
L ondon , Saturday, May 21,1887.
Neither commercially nor financially has there been any
appreciable variation in the status quo during the week just
concluded. Everywhere quietness prevails, and although
hopes of better things are still entertained, there seems to be
very little reason to doubt that the development of enterprise
will be slow and gradual. Complaints of the unremunerativeness of business are general and whilst the magnitude of our
operations is larger now than a year ago it is a question
whether a proportionate increase in profits has followed.
A report on the wool trade remarks that “ trade as a whole
both in the country and on the Continent is sluggish and of a
hand-to-mouth character, the disposition in all branches being
to limit commitments to actual necessities. Manufacturers
also find it difficult, if not impossible, to obtain prices for their
goods at all commensurate with the rates paid for the raw
material.” Although these remarks refer mainly to a special
industry, they maybe accepted as describing with a fair degree
of accuracy the conditions of affairs in the leading sections of
commerce.
Whilst competing with difficulty with growing hostile
tariffs, we have still failed to attain that prime guarantee for
a permanent rehabilitation of trade—a display of confidence
in the political future. Politics hang like a pall over the com
mercial horizon. Only in the West is the atmosphere really
clear. At home we are as usual harassed with the Irish ques
tion. Abroad various complications exist and there is a natural
anxiety to ascertain whether they will yield to pacific treat
ment. First there are the troubles in Afghanistan; then
comes the Eastern question, which, like a slumbering volcano,
occasio^ lly gives evidence of vitality ; and lastly we have the
collapse of the French Ministry, and both France and Germany
standing strictly on guard and clearly fully prepared for any
emergency. How in the face of all these dangers can any real
revival of trade be anticipated ? Astute diplomacy can, and no
doubt will, do much to make rugged paths smooth, but even
the most farseeing and clearheaded statesmanship will be
taxed to the utmost in doing so.
The only branch of business which appears to be prosper
ing just now is company-promoting. Financial agents and
others are having a successful time at it, aided by the unusual
cheapness of money both here and in the principal Continen
tal centres. The £1 share is a splendid vehicle for drawing
the cash from the pockets of those having a speculative bias,
During the past week or two w.e have had a good crop of
m i n i n g prospectuses, all of course teeming with glowing offers
of handsome profits. The present is certainly a good oppor
lunity for any State or Colony, with unimpaired credit, re
quiring financial assistance, either for the conversion of old
debts on a less onerous basis, or for the construction of under
takings of general utility, to obtain what may be wanted on
e asy terms.; Money could hardly be easier than at present
the commercial inquiry being ligl?b and the number of bills
awaiting discount failing to increase at all appreciably.
The goods receipts on the principal railways show that
larger quantities of material are being carried now than was
the case a year a go, and satisfactory evidence is at the same
time shown in the Bankers’ Clearing-House returns after
eliminating the gains due to the extended volume o f Stock
Exchange speculation. But, notwithstanding these favorable
signs, there is ample proof that the margin of profit is just
now cut very fine and that to secure the returns realized
before the late cycle of stagnation and depression set in, it is
necessary to turn capital over more rapidly. “ Short profits
and quick returns ” is becoming more than ever the motto of
the day, and the force and potency of foreign competition
enable a just estimate of its value to be easily fixed and ap
preciated.
The money market remains in a very dull and featureless
condition. There is an abundance o f capital with scarcely
any inquiry. Short loans are offered at % per cent, and the
rate for discounting three months’ bills is weak at 1 per cent.
The ¿ank return shows no particular changes, but the posi
tion of the establishment has improved. The reserve has
gained £224,178, and the proportion to liabilities, which last
week was 46'86 per cent, is now 47*16 per cent. Bullion has
increased £115,563, and as only £15,000 was on balance
received from abroad it follows that there must have been
some return ot coin from general circulation. The reserve is
now £14,644.928, or £3,577,000 more than last year, and the stock
o f bullion is £23,461,833, showing an increase of £3,569,000.
The rates for money have been as follows:
Interest allowed
Open m arket rate».
3
London
1
3
Apr. 15 2X
•• 23 2X
•
“ 20 a
May 6,2
i . 18 9
“ 2012
Trade Bill*.
J o in t
Tow
SU
Three
SU
Stock A t 7 to 14
Three
T ow
Month* Months Month» Month* M onth* Month* B anks. Call. Dave.
1X»1X IX « - l « « - 1»»2X 1%@2X 1%»2%
i ®ix|iX® - 1X«1X 1%»2X 1«®2% i m ax
1)4« —IIX « - i% «l% l% »2 1%®2 1X«2X
1 « 1 x h x ® - 1X3 - 1X«2 IM@2X 2 « 2 x
1 « - IX » - IX® - IX® 2 1X«2X 1X@2X
1 « - l l X » - U x « - ll%@2 1%®3 1%@2%
1 1X-1X
M 1 -1
94 1 -1
H 1 -1
H 1 -1
94 1 -1
IX
1
•
1
1
1
1
The following return shows the position of the Bank of
England, the bank rate of discount, the price of consols, «fee.
compared with the past three years:
1887.
Circulation, excluding 7-day and
other bills........................................
Public deposits..................................
Otber deposits...................................
Government securities.....................
Otber securities.................................
Reserve o t notes and coin..............
Coin and bullion................................
Reserve to liabilities.......................
Bank rate ..........................................
Consols..............................................
Clearing-House return.....................
1880.
1885.
£
£
£
£
24.465,085
7,824,505
27,320,300
14,097,131
21,010,143
17,007,921
20,623,606
50% p. o.
2X D- o.
99X
125,252,000
25,428,575
8,235,570
23.453,107
12,039,977
21,520,464
15,360,507
25,034,142
48X P- o.
2XP.C.
101X
146,857,000
24,506,905 24,575,040
4,773,848 7,278.137
80,073,807 22,138,352
15,276,307 14,833,498
18,802,280 21,422,800
14,044,028 11,007,073
23,401,833 19,892,713
47*10 p. o. 37X P C
. ,
2 p. C
.
3 p.o.
103 3-10
101%
133,070,000[131,123,000
-
1884.
The bank rate of discount and open market rates at the
chief Continental cities now and for the previous three weeks
have been as follows:
Rate» of
Interest at
P a r is ....................
B erlin ...................
F ra n k for t...........
H a m b u rg............
A m sterdam ........
Brussels...............
M adrid.................
71enna.................
St. P etersbu rg..
C openhagen___
699
T H E CH RO N ICLE.
J une 4, 1887.]
May
20.
May 18
May 0.
Apr. 29.
Bank Opin Bank Open Bank Open Bank Open
Bate. Market Bate. Market Bate. Market Bate. Market
3
3
3
3
ax
2X
4
4
5
ax
ax
ax
4
sx
5
3
3
2X
3
8
8
3
3
ax
3
4
4
5
3
ax
1 94
3
3
3
m
3
ax
ax
4
SX
ax
2X
4
4
5
3
5
3
ax
194
IM
IX
ax
ax
4
m
6
8
3
3
29i
IX
8
ax
ax
4
4
5
IX
ax
ax
4
8X
6
3
3
Messrs. Pixley & Abell write as follows on the state of the
bullion market:
1^3
Gold.—The demand for gold lias continued intermittently since last
ween, and some parcels have been bought in the open market for Hoi
land and Germany. The transactions at the Bank of England comSVS6^ 0.’0 0 0
and £15,003 sold. The chief arrivals have been
il7AH)0 from China, £41,0'JO from the West Indies and £ 11,000 from
and £ H ?bootoM a lta Ula & ®rienta* steamer takes £20,000 to India
®ilvei>T™ , 8ma118UP P l’e s and a fair demand for India the p r i c e
• d^^*
ye8t6rday quoted, and to-day the market closes
rat® 4.lJ0ut *65,000 has been received from New York and
-.
o 17 jo A /f
West indies. The Peninsula & Oriental steamer takes
£ 173,200 to the East.
h
r
i
i
?
of ttie lar&e arrival per Medway, which
tabA« ««'T civA
8ettle<t at 425s«l. The steamer Chusan
takes £65,000 to China and the Straits.
^
The quotations for bullion are reported as follows: J
GOLD.
London Standard. May 19. May, 12.
• d.
a
•a
de
77 9
Bar gold. fine., .os. 77 9
Bar gold, contain’«
77 10
20 dwts. silver.os. 77 10
Span, doubloons, os.
S.Am.doubloons.01.
SILVER.
London Standard.
May 19. May 13.
d.
d.
43% 48%
Bar silver................ os.
Bar silver,contain
ing 6 grs. gold.os44X 44
Cake silver.......... os. 47 3 10 47 1-10
41%
Mexican dots...os.
A feature of the week, from a Stock Exchange point of view
has been the strong buying of Uruguay bonds. During the
earlier part of the year these bonds were quoted at 44. They
are now at 67}^. It is understood that strong endeavors are
being made to thoroughly rehabilitate the credit of the country,
and that Messrs. Baring Brothers are likely to lend their influx
ence. A National Bank o f Montevideo is talked about with a
capital of £1,000,000, but the concessionaires are required to
deposit with the Government, as evidence of their bona fide s,
£250,000 bonds o f the unified debt. The bulk of these bonds
has, it is underssood, been already secured, and will be ship
ped to Montevideo, and the introduction of a six per cent loan
at 90 is now talked about.
Messrs. Satterthwaite < Co. are receiving subscriptions for
fc
$3,000,000 first mortgage fifty year five per cent gold bonds of
the Mobile < Birmingham Railway Company, the price of issue
fe
being £194 for $1,000 bond. Prospectuses have also appeared
of the Pittsburg Consolidated Gold Mines with a capital o f
£80,000 in £1 shares, of the South Mexican Gold and Silver
Mines with a capital of £120,000 in £1 shares, and of the
Smelting Company of Mexico with a capital of £120.000 in £1
shares. The Norfolk < Western Railway issue $4,000,000 new
fe
preferred shares at
per $100 share.
The tenders for the St. Lucia 4>£ per cent loan for £79,700
amounted to £324,000 at rates varying from the minimum of
£99 to £105 2s. 6d. per cent. The average price at which the
loan was allotted‘was £105 Is. Id. per cent.
In the new coinage regulations arrangements are made for
the creation of a double floren, but whether this new 4s. piece
will attain any circulotlon outside of the United Kingdom
any more than the old 5s. piece has done, is doubtful. W e are
also to have £5 and £2 gold pieces. It is not expected there
will be much circulation for the latter coins. The former can
hardly compete with the more convenient and less bulky £5
note.
The grain trade continues to be characterized by firmness.
Wheat is still hardening and sellers are occasionally success
ful in obtaining a further slight advance. The market is cer
tainly in a stronger position than it was a few weeks ago, but
the steadiness seems to be mainly the result of the specula
tion reported from Chicago. Upon the maintenance o f this
speculation the support of the market in the immediate future
mainly depends. The quantity of wheat and flour on passage
is about 280,000 quarters less than last year, but'the imports
in the 37 weeks have exceeded those for the corresponding
period last season by about 5,500,000 cwts., whilst the sales of
home-grown wheat in the leading markets have fallen short
of last season by about 533,000 qrs. It may be presumed,
therefore, that the stocks held here are quite on a par with
last year. Such being the case, the probability of the “ bull’ *
speculation succeeding in raising prices much above their cur
rent level, may reasonably be doubted.
The following shows the imports of cereal produce into the
United Kingdom during the first thirty-seven weeks of the
season, the average price realized and other items, compared
with the three last seasons:
IMPOSTS.
1886-87.
1885-86.
Wheat........ ........ ewt. 35,936,374 33,88 3,232
8,570,066
Barley......................... 13,448,817
Oats............................ 9,513,605
7,147,898
Peas............................. 1,761,302
1,491,030
Beans.......................... 1,785,992
2,283,009
Indian c o m .... . . . . . . 20,269,147 21,397,573
Flour........................... 12,571,786
9,932.288
1884-85.
36,180,429
12,322,616
8,707,236
1,377,423
2,360,692
17,822,271
12,363,238
1883-84.
37.708.527
12.003,049
8,202,403
1,203,442
1,741,141
18,624,873
10.899.921
Supplies available for consumption (exclusive of stocks on
September 1):
1883-84.
1884-85.
1886-87.
1885-86.
Imports of wheat.owt.35,936,374 33,838,232 36,180,429 37.703.527
imports of flour..........12,571,786
9,982,246 12,363,298 10.939.921
Sales of home-grown..25,654,763- 32,841,365 32,573,675 32,240,746
Total.................... 74,162,923 76,711,813 81,117,402 80,939494
1886-87. 1885-86. 1834-85. 1883-84.
Aver, price wheat......... week. 33s. 6 d. 31s. lid . 37s. 5d. 37s. lO d.
Aver, price wheat.....season. 32s. 8 d. 30s. Od. 34s. Id. 38s. l i d .
The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:
Wheat.............qrs.
Elonr,equal to qrs.
M a iz e .........q rs .
This week. Last week.
1,634,000 1,672,000
191,000
235,000
299,000
266,000
1886.
1,970,000
240,000
233,000
j
1883.
2.985.000
9243.000
414,000
T H E CH R O N IC LE,
700J
B a c liili
[You XLIV,
Fin an cial M a r k e t i-P e r Gable.
Hie daily closing quotations for securities, &c., at London
are reported by cable as follows for the week ending June 8:
London.
Sat.
Silver, per o s ...........—
d.
Consols for money__ ...
Consols for accou nt.....
Fr*oh rentes (in Paris) fr
D. B. 4i«8 of 1891..........
Ü. 8. 4s o f 1907.............
Canadian P a o iiio ...... .
Ohio. Mil. A St. Paul.__
Brie, common s to ck ....
Illinois C e n tr a l.........
Pennsylvania................
Philadelphia A Reading
New York Central.........
x Assessment paid.
43 «8
103*18
103*1«
8 1 -22*3
111*8
132*«
64%
96
35*8
140*9
57*4
23%
116 »8
Mon.
Tues.
Wed. ' Thun.
436,8
43tile 43%
108 «8 x 02310 1023t«
103%
x 0231 102*4
h
8 1 -62*9 8207*9 82-17*9
112 *e 112*8
112*8 ,
1323s 1323s 1323s
63%
64*9
64*8
96
96*8
96*4
35*8
358b
35*8
1405a
141
141
57*9
57*8
57*8
23*8
24*9 x26%
116% 116% 116%
jj
'
J
c
tt
Fri.
44
102*18
1023,8
82-15
112*4
1328a
63
95%
35
140*9
57*8
26*9
116%
11.8. Bonds Held June 1,1887, to Secure—
Description o f Bonds.
Public Deposits
in Banks.
Bank
Circulation.
Total Held.
3s, Aot July 1 2 ,1 8 8 2 ....
Currency 6 s.....................
4% per cents..... ..............
4 per cents................
$1,713,000
125,000
9,038,000
14,683,500
$17,011,400
3,145,000
65,807,350
114,975,350
$18,724,400
3,270,000
74,845,350
129,058,850
Total..........................
$25,559,500
$200,939,100
$226,498,600
Go v e r n m e n t R e v e n u e .— Through the courtesy of the Sec
retary of the Treasury, we are enabled to place before our
readers to-day the details of Government receipts for the
month of May.
From previous returns we obtain the
figures for previous months, and in that manner complete the
statement since the beginning of the fiscal year for 1886-87
and 1885-86.
1886-87.
(fiommzxchxl aud W Ltetzllwntaus Pleura
C h a n g es
in
L e g a l T enders
and
N a t io n a l B a n e N otes
$674,500
3,314,644
Amount outstanding June 1,1887*...........
Legal Tender Notes—
Amount on deposit to redeem national bank
notes May 1, 1887........................................
Amount deposited during May......................
Amount re-issued A b’nk notes retir’d in May
2,640,144
$282,101,177
July.........................
August....................
September.............
October..................
November........... .
D ecem ber..............
J a n u a ry ...............
February................
March.....................
A pril.......................
May.........................
lnter'l Misc’ls Total.
Rev’ ue Sowrc’s
t
t
17,899 9,480
20,771 9,698
20,086 9,460
17,179 9,772
15,141 . 9,689
16,332 9,544
16.968 8,671
18,874 8,243
20,544 9,855
18,082 10,159
16,546 14,389
t
2,258
1,726
2,141
4,014
2,746
2,747
2,267
2,657
4,459
8,514
2,899
«
29,637
32,195
31,687
30,965
27,576
28,623'
27,90o!
29,7741
84,358
31,755
33,834;
Cus lnter’l Misc’ls lotaL
toms. Rev’ue Sourc’t
t
t
16,219 8,501
17,290 9,071
17,521 10,446
17,316 11,953
13,057 9,250
14,426 9,603
14,410 7,903
16,170 8,271
18,901 9,505
15,952 9,506
13,552 12,619
Total IT months. 198.422 108,460 31,428 838,310 174,814
¡3
1C
D
\£
1r
-4
National Bank Notes—
Amount outstanding May 1,1887................
Amount issued during May................... .
Amount retired during May...........................
Cus
toms.
to
June 1.—The Comptroller of the Currency has furnished
us the following, showing the amounts of national bank notes
May 1, together with the amounts outstanding June 1,
and the increase or decrease during the month; also the changes
in legal tenders held for the redemption of bank notes up to
June 1 :
1885-86.
000« Omitted.
«
2.047
1,704
2,004
1,564
8,074
1,729
2,639
1,531
2,906
1,413
1,581
1
26,787
28,065
29,971
30,833
25,381
25,758
24,952
25,972
31,312
26,871
27,752
22,192 803,634
N a t io n a l B a n e s . —The following national bauks have lately
been organized:
112,392,396
3,315,544
$103,715,305
923,148
Amount on deposit to redeem national bank
notes June 1,1887........................................
* Circulation of national gold banks, not lnoluded above, $259,711.
3.699—
The First National Bank of Decatur, Alabama. Canltal,
$100,000. Christopher O. Harris, President; William W. Lit
tlejohn, Cashier.
3.700—
The Western National Bank of the City of New York, N. Y.
Capital, $3,500.000. Daniel Manning, President; Ferdinand
Blankenhorn, Cashier.
3.701—The First National Bank of Natchez, Miss. Capital, $100,000.
Andrew G. Campbell, President; B. W. Owsley, Cashier.
3.702—The Elk National Bank of Fayetteville, Tenn. Capital, $50,000.
Robert D. Warren, President; Win. B. Donthat, Cashier.
3.703— The First National Bank of Ooldwater, Kansas. Capital,
$52,000. Edgar Henderson, President; JohnP. Jones, Cashier.
3.704—
The First National Bank of Merrill, Wis. Capital, $50,000.
Leander Choate, President; J. W. Ladd, Cashier.
3.705—The Merchants’ National Bank of Williamsport, Pa. Capital,
$100,000. J. Wood MusBina, President; John H. Boyer,
Cashier.
3.706—The First National Bank, Kansas City, Kan. Capital, $100,000.
According to the above, the amount of legal tenders on
deposit June 1 with the Treasurer of the United States to re
deem national bank notes was $102,792,157. The portion o f this
deposit made (1) by banks becoming insolvent, (2) by banks
going into voluntary liquidation, and (8) by banks reducing or
retiring their circulation, was as follows on the first o f each of
J . D . W ilson, P re s id e n t; W illiam A lb rig h t, C ashier.
3.707—The Equitable National Bank of Cincinnati, Ohio. Capital,
the last five months:
$350,000. Frank H. Reno, President; John M. Blair, Cashier.
The Third National Bank of Knoxville, Tenn. Capital, $250,000. R N. Hood, President; J. A. McKeldin, Cashier.
3.709—
The Broad Street National Bank of Crentoo, N. J. Capital, $100,000. Lewis Parker, President; Jos. G. Brearley. Cashier.
3.710—The First National Bank of Ashland, Kan. Capital, $50,000.
Oliver C. Ewart, President; John C. Thurman, Cashier.
3.711—
The Atlanta National Bank, Illinois. Capital, $50,000. Sam’l
H. Fields, President; John P. Hieronymus, Cashier.
The name of the Freeport National Bank, 111. (No. 2,875), has been
ohanged to the First National Bank of Freeport, III.
3.712—
The First National Bank of Liberty, Mo. Capital, $50,000.
Daniel Hughes, President; James T. Riley, Cashier.
3.713—The Merchants National Bank of Harrisburg, Penn. Capital,
$100,000. Hamilton D. Hemler, President, John R. Shoe3.708—
Deposits by—
Feb. 1.
March 1.
April 1 .
May 1.
June 1.
$
$
$
$
$
Insolvent bks
953,713
912,767
898,658
785,360
812,256
Liquid’t’g bks 9,109,895 8,953,061 8,996,171 8,809,226 8,582,620
Reauo’g und’r
act of 1874* 82,461,498 87,898,128 91,950,116 94,120,719 93,397,281
T otal.......... 92,525.106 97,763,956 101844945 103715305 102792157
* Aofc of June 20, 1874, and July 12,1882.
C o in a g e b y U n ited S t a t e s M in t s .— The following state
ment, kindly furnished us by the Director o f the Mint, shows 3.714—The Merchats National Bank of Devils Lake, Dak. Capital, $50,000. F. R. Fulton, President, E. A. Gowran, Cashier.
thp coinage at the Mints of the United States during the month
I m ports an d E x p o r t s f o r t h e W e e k . — The import» o f last
of May and for the five months of 1887 :
week, compared with those o f the preceding week, show a
decrease in both dry goods and general merchandise.
May.
Five Months o f 1887.
The total imports were $7,149,007, against $11,423,543 the pre
Denomination.
ceding week and $7,775,572 two weeks previous. The exports
Pieces.
Value.
Pieces.
Value.
for the week ended May 31 amounted to $4,893,092, against
$5,743,018, last week and $5,745,155 two weeks previous. The
9
9
Doable eagles..........
26
520 following are the imports at New Tork for the week ending
Eagles___7................
60.000
600,( 00
338,025
3,380,250 (for dry goods) May 26, and for the week ending (for gen
Half eagles..............
200,000
1,000,000 1,388,025
6,940,125
Three dollars...........
55
165 eral merchandise) May 27 ; also totals since the beginning of
Quarter eagles........
45
112 the first week in January:
Dollars......................
227
227
1,600,000 1,726,403
10,321,399
Total g o ld .............
260,000
Standard dollars....
Half dollars.............
Quarter dollars.......
Dimes.......................
2,900,000
2,393,229
2,900,000 14,790,380 14,790,380
380
190
380
95
239,323 4,145,764
414,577
Total s ilv e r ........
5,293,229
3,139,323 18,930,904 15,205,242
Five cents................
Three cents...............
One cent....................
590,042
3,375,023
29,502 6,931,522
1,431
33,750 19,192,953
346,577
43
191,929
FORBIGHf IM P O R T S A T N B W T O R K .
For Week.
1884.
Dry Goods........
Gen’lmer’dise..
«1,622,851
6,952,312
1885.
$1,173,546
5,066,788
1886.
1887.
«1,729,355
6,995,430
«1,150,163
5,998,844
Total______
•7,149,007
$8,575,163
$6,240,334
$8,724,785
Since Jan. 1.
«51,798.797
Dry G ood s...... «49,202,204 «40,983.482 «49.255,947
Qen’l mer’dise.. 133,969,225 111,969,265 129,777,654 140,086,198
Total 21 weeks. $183,171.429 «152,952,747 «179,033,601 $191,884,995
In our report of the dry goods trade will be found the im
ports of dry goods for one week later.
9,518.294
4,802,575 46,789,213 26,065,190
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
Bonds H eld by National Banes.—The following interest week ending May 31,1887, and from January 1 to date:
ing statement, furnished by the Comptroller of the Currency,
BXPORTS PROM NBW T O R K FO R THB W E E K .
shows the amount of each class o f bonds held against national
1887.
1884.
1885.
1886.
bank circulation and to secure public moneys in national bank
depositories on June 1. W e gave the statement for May 1 For the w eek... $5,254.394 «5.436,259 $6,134,666 $4,896,092
116,626,380
in Chronicle o f May 7, page 571, and by referring to that Prev. reported.. 111,711,598 128,992,906 113,668,060
Total 21 weeks. $116,965,992 $134,429,165 $119,802,726!$121,522,427
the changes made during the month can be seen.
Total m inor..........
Total coinage........
3,965,065
63,252 26.125,906
538,549
701
T H E CH R O N IC LE .
J u n e 4, 1887.]
The following table shows the exports and imports o f specie
—Mr,4John P. Kelly, who has been for several years a
at the port of New York for the week ending May 28, and partner in the banking house of Musgrave & Co., withdraws
since January 1, 1887, and for the corresponding periods m rrom that firm to become a partner in the firm of Lawrence &
W ood, bankers and stock brokers, Schermerhorn Building.
1886 and 1885:
E X P O R T S AMD IM P O R T S O » BPHCIB A T N E W T O R S ..
Auction Sales.—The following were sold this week at
Imports.
auction by Messrs, Adrian H. Muller Sc S on :
Exports.
Sold.
Week.
Since Jan. 1.
Week.
Since Jan. 1.
$ ......
West Indies...............
2,850
$70,248
8,257
968,101
2,320,025
411 other oonn tries...
6,500
1,656,116
274,779
$1,578,107
1,507,165
357,653
1,024,673
225,680
5.690
157,141
12 ,0 i.0
53,389
6,747
$8,850 $5,297,526
2,814,274 27,554.827
112,tOO 6,033,120
$244,6(7 $4,683,821
24,532
2,704,024
91,394 5,288,125
$ ........
Tstal 1887..........
Total 1886..........
Total 1885..........
Silver.
Great Britain ...........
$201,800 $3,617,139
554,573
20,600
114.590
98.974
6,181
16,581
42,712
19,335
........
$228,581 $4,463,904
4.934.212
178,506
6,808,372
172,888
All other countries...
Total 1 8 8 7 .......
Total 1886..........
Total 1885_____
200
$ .....
Bonds.
Shares.
$2,000 Pittsb. McKeesport &
2 Syra< Geneva & Corn
Yougli. RR., 1st. 6s............. 114
ing R R ........ ............... 42
$1,250 Cert. Order of Geo. J.
1,089 Equitable Gas Light
Magee on Kniokerb. Trust
Co., Balt., Md........40® 45
C trustee of Beech Creek
55 Howard Ins Co___78»79**
RR. Oar Trust, “ series A”.$190
40 U. 8 Warehouse Co 35940
20 Second Avenue RR___135*8 $1,-330 Detached Coup. State
So. Car. bonds, issue of 1869,
65 Central Park N. & East
principal due 1889..... . . . . $15
River RR.................... 85
$2,190 Detached Coup. State
65 Brash Illum’g Eleotrio
So. Car. bonds, is-*ue of 1869,
Light Co. (ex d lv .).... 99*4
principal due 1889..............$25
Boston Banks.—Following are the totals of the Boston banks
15,214
1,311
2,274
24,391
»57,300
800
146,665
341.270
53,873
186,275
176,166
$43,190
42,615
50.227
$962,349
684,342
727,816
Of the above imports for the week in 1887 $118,001 were
American gold coin and $16,015 Amerioan silver coin. Of the
exports during the sim e time $8,850 were American gold
com.
United States Sub-Treasury.—The following table show
the receipts and payments at the Sub-Treasury in this city, a
well as the balances in the same, for each day of the past week.
1887.
L. T ’nders. Deposita. * C lronla’n Agg.OTngt
Speoio.
Loans.
9
9
$
9
2,488,200 112,262,900 2.953,900 92,909,263
2,401,900 77.113.100 9.966,500 107.281.01o
2,467,100 112,290,200 9,981,100 85,898,381
$
9
M a vì 4 141,270,400 11,536,300
“ 21 142,859,900 11,193,700
" 28 143,927,300 10,897,000
Philadelphia Banks.—The totals have been as follows:
9
$
65,561,700
54,129,053
64,182,722
57,6(3,39 0
3,452.650
3,450,160
8.444.150
3.443.150
87,633,000
84.147.700
87.412.700
88,258,800
24.768.000
24.169.000
23,916,600
24,084,460
Agg.OPngs.
s
9
9
M ay 7....... 88,162.600
“
14....... 88,333,000
"
21....... 87,712,900
“
2 8 ....... 88,069,200
‘
Clroula’n
Lawful Mon’y Deposits.*
Loans.
1887.
Including the item “ due to other banka.”
S h a k in g and ffia a n c ia l.
Balances.
Date.
Receipts.
Payments.
May 23
« 80
« 81
June 1
“
2
«
3
1,519,955
1,354,867
1,185,765
1,240,613
Coin.
A
$
1,024,256 135.267,470
..H oliday..
786,550 185,296,697
969,478 135.277,077
2,114,935 134,810,661
1,396,140 185,006,035
Total ..
6,049,474
6,291,359
9
748,774
Coin Oeri’s.
Currency.
United States Government and other desirable
$
9
22,892,566 15,408.192
23,605,442
24,092,296
23,604,015
23,304,308
S E C U R I T I E S
FOR
15,389,494
15,307,148
15,332,676
15,281,482
Mobile & Birmingham.—The contract for the 45-mile gap
between Marion Junction and Choctaw Comer on this toad
in Alabama has been let, the work to be completed October
15. Tracklaying is to begin at once on the 35-mile section
above the Tombigbee River.
Northern Pacific.—The Cascade Division o f the Northern
Pacific is now completed. This division, from Pasco Junction
to Tacoma, is 255 miles long. The Stampede Tunnel is under
contract to be completed in May, 1888. Until then the
Switchback will be used. The tunnel when completed will
be 9,850 feet in length; elevation above the sea 2,837 feet. The
overhead line is four miles long and reaches an elevation of
3,660 feet. This will give the Northern Pacific Railroad an
independent line from the lakes to Puget Sound.
Philadelphia & Reading.—The Reading Reconstruction
Trustees will commence at once to pay off the outstanding
Receiver’s certificates with the proceeds of the assessments.
The company will issue $1,200,000 5 per cent car trusts, which
will be taken by the Harrisburg Car Company for building
the cars.
Tennessee Midland.—This company, which was incorpo
rated in January last, proposes to construct a road from Mem
phis, Tenn., to a point on the Virginia State line at or near
the crossing of Clinch River, with branch roads to Columbia
and Bristol, Tenn. The total mileage will be 575 miles, tra
versing from southwest to northeast the best agricultural,
timber, marble and mineral region in Tennessee, and connect
ing by an air line Memphis, Nashville and Knoxville. The
engineers are now preparing to survey the line from Knox
ville. Seven engineering parties are now in the field between
Memphis and. the Cincinnati Southern road, and the road
from Memphis to Nashville has been definitely determined
upon.—R R. Gazette.
—Messrs. Griswold & Gillett offer to investors the Helena
& Red Mountain 6 per cent 1st mortgage gold bonds ; also the
Kalamazoo Street Railway 30-year bonds, and the North Dan
ville School District 4 per cent bonds, besides choice Western
township and county bonds. Particulars of these will be found
in our advertising columns to-day,
—Attention is called to the card o f Messrs. E. H. Harriman
I N V E S T O R S .
Allstooks and bonds listed on the New York Stook Exchange bought
and sold on commission for oash.
Deposit accounts reoelved and Interest allowed on monthly balances
subject to draft at sight.
H A R V E Y
&
S O N S ,
S ara to g a , N. V ., G as a n d E le c tr ic L ig h t C o. 6»,
R r o o k ly n C a b le C o . 6s,
Jersey City R e g iste r e d 5s,
. City o f O m a h a , N e b ., 6s,
C ra w fo rd sv llle W a t e r W o r k s C o., I n d ., 6s,
FOB BALK B T
COFFIN & STANTON, Bankers,
10, 11 and 12 M ortim er Bnildlng, W a ll Street, N. Y .
W E O FFER TO INVESTORS
HELENA
S IX
P R IN C IP A L
&
RED
M O U N T A IN
F IR S T
M ORTGAGE!
PER
AND
CENT
GOLD
RR.
P A C IF IC
CO’ S.
BONDS,
-----RUE! 1 9 3 7 .----INTEREST GUARANTEED
NORTHERN
RR.
BV
THE
CO.
-----P R IO R , 1 0 3 , AN D A C C R U E D IN T E R E S T .----THESE A R E TH E SAME CLASS OF SECURITIES AS TH E
JAM ES R IV E R V A L L E Y S, SELLING NOW A T
111 A T TH E N. Y . STOCK. EXCHANGE.
F IR S T
MORTGAGE
6
P E R C EN T 3 0 -Y E A R B O ND S
OF THE
K A LA M A ZO O ST R E E T R A IL W A Y
K A L A M A Z O O , M IC H IG A N .
C O .,
INTEREST MAY 1 AND NOV. 1 AT THE CENTRAL TRUST CO., N. Y.
— PRICE, P A R AND IN TEREST.----
& Co. This firm has undergone a slight change recently, S C H O O L
inasmuch as Mr. Edward H. Harriman. has become a special
partner, and Mr. William M. Harriman and Mr. Nicholas
Pish are the general partners.
F I S K
28 N a ss a u S t r e e t , N e w Y o r k .
D IS T R IC T , N O R T H
D A N S V IL L E ,
N ew Y o r k .
F O U R P E R C E N T BONDS.
INTEREST AND PRINCIPAL PAYABLE AT THE NATIONAL PA RK BANK, N. T .
Attention is called to the notice of the Tortilita Mines in Assessed V a lu a tio n , $ 1 ,3 0 0 ,0 0 0 .
our advertising columns this week. The shares of tbis mine
T o ta l Indebtedness, $ 2 6 ,5 0 0 .
have just been listed on the Consolidated Exchange. From No better security can be found for trust estates or private Investment.
the output so far good results are expected by those best
ALSO, C H O IC E W E S T E R N T O W N S H IP A N D
competent to judge.
C O U N T R Y BONDS.
J!1 well-known firm of Reed & Flagg present in our ad®
vertising columns to-day, a list o f first-class railroad bonds to
waxen they invite the careful attention o f investors«
FOB SALE BY
G R ISW O L D
&
G IL L E T T ,
N o. 3 W a ll Street, N ew Y o r k .
702
T H E CH RO N ICLE.
[ Y o l . XLIV.
^feje J S a t t li.m ' (S<i?rttje.
To-day the rates on actual business were as follows viz. •
Bankers’ 60 days’ sterling, 4 85J@4 85£; demand, 4 864@ 4 87. Cables, 4 87@ 4 87£. Commercial bills were 4 84©
D I v T o E lilD s i
4 84J; Continental bills were: Francs, 5 19|@5 20 and 5 m
The following dividends have recently been announced:
@5 18i; reichmarks, 95 5-16 @ 9 5 f and 95 7-16; guilders, 401
@ 4 0 i and 40J@40f.
Per
When
Books Closed,
Name o f Company.
Cent. Payable. ( Days inclusive.)
The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day: Savannah, buyina
R ailroadd.
par; selling
premium; Charleston buying par@£ pre
Boston & Albany (quar.)..............
2
June 30 June 1 to ----Central RR. & Bank, Ga..............
4
June 22 June 10 to June
mium; selling 3-16@J premium; New Orleans, commercial, 75c,
Chicago & No. West, com..............
3
June 25 June 9 to June
premium; bank, $1 50 prem.; St. Louis, par. Chicago, 60c.
Do
do pref. (quar.),
June 25iJune 9 to June
1%
discount.
_
Connecticut River (quar.).............
2
July
Denver & Rio Grande, p r e f.......
2*9 July 12 July 1 to July 12
The rates of leading bankers are as follows:
Eastern (N. H.)..............................
Little Miami............................... .
Lowell & A n d o v e r....................
214
$1
31*
June 1 5 .......................
July 1 0 ..........................
June 61......................
•
June 3.
Sixty Days.
Demand.
Prime bankers’ sterling bills on London..
4 86
4 87*2
4 84 ®4 84*2
The Money Market and Financial Situation.—The occur Prime commercial...........
Documentary commercial... .
4 83*«®4 84
rence of
1 Paris (francs)..........................
5 20 ®5 193g 5 18*635 17*s
Amsterdam (guilders!...................
403,a®40*4:
4038 9 4 0 7 t6
business.
Frankfort or Bremen (reichmarks!.......
95*4@953s
95*2®9558
W A L L STREET, F R ID A Y , June 3, 1 8 8 7 — P. BL
5
There
the conclusion is drawn by some parties that the multitude of
Stock-buyers are either pretty well loaded up with lines of
stock, or else that some of them have been holding off in ex
pectation of a break in prices, which has not yet come. Certain
it is, that we have gone through the spring months without
having any break in the market sufficient to tempt buyers to
come in and load up with stocks in the hope of making a good
profit out of the transaction.
The railroad situation has been very strong, both in the cur
rent reports of railroad earnings, some of which have been
almost phenomenal in their increase over the previous year, and
also in the success attending reorganizations and the closing
out of old weak spots which had been a cloud upon the market
for months past. But it is evident that these facts have had
their fruit in the steadiness of prices which has prevailed,
rather than in an extravagant boom, which was expected by so
many persons
This week the Jersey Central plan is published, and its success
would seem to be assured from the start; Denver & Rio Grande
reorganized has declared its first dividend on its preferred stock
Chicago & Northwestern, for the year ending May 31, reports
approximately a net surplus of $2,639,387 over all charges,
including dividends on both stocks; Rock Island, for the year
ending March 31, 1887, reports a surplus of $311,703 over all
charges, including dividends; Lake Shore, for the quarter
ending March 81, had a surplus applicable to dividends of
$773,834, against $337,497 in the same quarter last year
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 4 to 7 per cent,
the usual rate to stockbrokers being @ 5 per cent; to-day the
rates were 4@ 5 per cent. Prime commercial paper is quoted
at 4 f @ 5)^ per cent.
The Bank of England weekly statement on Thursday showed
a loss in specie of £108,000, and the percentage of reserve to
liabilities was 46-44, against 47-57 last week; the discount
rate remains unchanged at 2 per cent.
The Bank of France
lost 1,175,000 francs in gold and gained 1,450,000 francs in
silver.
The New York Clearing House bank's in their statement of
May 28 showed an increase in surplus reserve of $1,122,400
the total surplus being $5,779,600, against $4,657,200 the pre
vious week
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks:
1887.
May 28.
Loans and dlso’ts.
Specie...................
Circulation.... ...
Net deposits.........
Legal tenders.......
Legal reserve.......
Reserve held........
Surplus..................
Diffr’ nc’s f r ’m
Prev. Week.
1886.
May 29.
1885.
Muy 29.
$
364,463,500
73,755,600
8,266,000
371,460,800
24.889.200
92.865.200
98,644,800
$
Deo.1,380,100
Dec. 683,400
In c.
1,200
Dec.3,195,200
Ino .1,007,000
Dec. 798,800
In c. 323,600
$
341,540,500
69,516.800
7,851,700
365,242,000
35,624,300
91,310,500
105,141,100
$
293,146,200
114,501,500
10,364,100
361.483.900
36,638,400
90,370,975
151.139.900
5,779,600 Inc. 1,122,400 13,830,600 60.768,925
Exchange.— Sterling exchange continues dull and there is
very little demand for remittances. The market has not been
so featureless as last week, however, as considerable pressure
has been felt from the drawing of bankers’ bills against money
loaned in this market, or against loans placed abroad, or securi
ties purchased here for foreign account. In consequence of
these causes rates have been rather weak and declining, the
posted rates being £c. lower than last week, at 4 86 and 4 87£.
Coins.—The following are quotations in gold for various coins:
Sovereigns............$4 85 ®$4 88
N a p oleon s........ 3 8 6 * ® 3 90
2
X X Reichmarks. 4 75 3 4 80
X Guilders........... 3 96 ® 4 OO
Bpan’h Doubloons. 15 60 3 1 5 70
Mex. Doubloons.. 15 56 3 1 5 65
Fine gold b a rs....
par ®*4 prem.
Fine silver bars .. — 955g® 96 *2
Dimes & *« dlmbs. — 99*«® par.
Silver *«8 and *«s. — 9 9% 3--------- Five fra n cs......... — 93 3 — 95
Mextoan dollars.. — 7 5 *4 ® — 76*«
Do unoommero’l. — 7 4 * ® — 75*«
2
Peruvian sols.......— 72 3 — 74
English s ilv e r. . . . 4 8 0 3 4 85
U. 8 . trade dollars — 99%® 100
D. S. silver dollars — 99%® 100
United States Bonds.—The Government bond market has
not been activé, but prices are firm and unchanged, except in
those quoted ex-interest from the first of June.
The closing prices at the N. Y. Board have been as follows:
Interest May
Periods 28.
4*28,1891........ ■•reg.
4*28, 1 8 9 1 ....... coup.
4s, 1907........... -.reg.
4s, 1907.......... .coup.
3s, option U. S ..reg.
6 s, cur’cy ,’95.. ..reg.
6 s, cur’cy ,’ 96.. -.reg.
6 s, cur’cy, ’97.. -.reg.
68 , cur’oy, ’98.. ..reg.
6 s, cur’cy ,’99.. -.reg.
Q.-Mar.
Q.-Mar.
G.-Jan.
Q.-Jan.
Q.-Feb.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
*10968
*1 1 0 %
*129*2
*129*2
*126*4
*129*4
*132*4
*134*a
*137
May
30.
May June
31. ¡ 1.
June
2.
June
3.
109341*10958 109 5g 109*2
l i o ^ l x09% 109 6g *109*2
*128*2 *128*2
W 1295g -129*2 *129*2 *129*2
r
i
04 *126*2l*x23*2 *123*2
P *129*2 **26*4 *126*2 *123
*126
*132*4*x29 *129 *129
*134*2 *x32 *132 *132
*137*4 *x34 *134 *134
* 1 2 9 * 2 ! * x 2 m *2
State and Railroad Bonds.— State bonds have been dull
and Without feature, prices being unchanged from last week.
The railroad bond market has presented no features of in
terest; business has not been specially brisk, and there has
been no conspicuous activity in any particular classes, the
transactions being well distributed. Prices have been firm as
rule, though there has been no special strength, and compara
tively little change is to be noted from last week. The bond
market is influenced by the dull condition of stocks, although
the weakness of the latter has not been communicated to
bonds, which are pretty firmly held as a rule.
Railroad and Miscellaneous Stocks.—The stock market
has been rather dull and lifeless during the past week, and
business has been interrupted by the usual Saturday half-holiday
and also by a close holiday on Monday (Decoration Day). The
few days remaining have been dull for the most part, and the
movement of prices have not been important, as a rule. In
the early part of the week prices were generally firm or strong,
and a few stocks advanced under special causes, these advances
having more influence on the general market than any new
developments. Reading was a special feature, the improving
earnings and general financial condition of the property caus
ing an advance to 58, after the payment of the first assessment
of 5 per cent. Jersey Central and Lackawanna were also
favorably affected in sympathy, though not so active, the latter
advancing to 139^, the highest price for the year. The
grangers were also strong, though not specially active, the
strength being attributed to the settlement of threatened
trouble among the Northwestern roads.
On Thursday a reaction occurred, and most prices fell off,
led by sharp declines in a few stocks, though there were no
important developments of an adverse character, the change in
the market being due to the selling of long stock in some
quarters and the pressure of bears, accompanied by sensational
rumors of various kinds, mainly without foundation. Pacific
Mail led the decline, and others ...specially weak were Rich
mond Terminal and Fort Worth & Denver, the latter having
been steadily falling all the week. Under these influences the
market became generally weak, though there were no import
ant declines outside of those mentioned.
Taken as a whole, the market has been irregular, and
though there is little or no change in the condition of railroad
and financial affairs, which remain generally favorable, there is
little disposition to buy stocks, and the market seems to lack
vigorous leaders on thé bull side.
To-day (Friday) the tone was a trifle better for the general
market, with Fort Worth & Denver active and irregular.
THE
J une 4, 1887.]
CH RO N ICLE.
703
STOCKS—PRICES AT N. Y. STOCK EXCHANGE FOR WEEK ENDING J U N E 3 , AND SINCE JAN. 1, 1887.
HIGHEST AND LOWEST PRICES.
STOCKS.
Saturday.
May 28.
A c t iv e K R , S to c k s .
Atlantic A Pacifto................... *14^4 141«
Canadian Pacific.................... *62 > 63%
4
62% 62%
Canada Southern............. .
Central of New Jersey.......... .
80% 80%
Central Pacific.............
*40
41
*7
8
Chesapeake & Ohio.................
15l
l)o
1st pref. *13
Do
2d prof.
*91« 10%
Chicago Burlington A Quincy, 149 149
Chicago Milwaukee & St.Paul. 93 ie 93%
Do
pref. 124 124%
Chicago & Northwestern....... 124% 125
Do
pref. 151 152
Chicago Rook Island «fePaoifio, 1361« 136%
Chicago St. Louis & Pittsburg.
Do
pref.
Chicago St. Paul Min. & Om.. 52% 52%
Do
pref. 116% 116%
ClevelandCol.Cin. A Indianap.
33% 33%
Columbus Hocking Val.< Tol.
fe
Delaware Lackawanna AWest 137% 137%
Denver & Rio G., assessmt pd 31% 31%
Do
pref. 68% 67%
East Tennessee Ya. A Ga. R’y. 14% 14%
77
Do
1st prêt. *75
Do
2d p r e f.
27% 27%
Evansville A Terre H aute....
Fort Worth A D enverCity.... 48% 49%
Green Bay Winona A St. Paul.
Do
pref.
137% 138
Illinois Central................... .
Ind. Bloom. A West., ass. pd.. 24% 24%
45% 45%
Kingston A Pembroke...........
Lake Shore A Mloh. Southern. 97% 97%
Long Island.............................
Louisville A Nashville............ 6 8 % 6 8 %
Louis. New Alb. A Chicago...
Manhattan Elevated,consol.. 159% 159%
Memphis A Charleston........ .
Michigan Central....................
Mil. Lake Shore A W e s t.......
Do
pref.
Minneapolis A St. L ou is...... 19% 19%
46%
Do
pref.
45
Missouri Kansas A Texas....... 31% 32
Missouri Pacific....................... 109% 110%
Mobile A O h io ................
*15% 16
85
N ashv. Chattanooga ASt. Louis 85
New York Ceutral A Hudson. 113% 113%
New Y. Chic. A St. L., assent’d 19% 19%
Do
pref., assented. 35% 35%
New York Lake Erie A West’n 34% 35
Do
préf. *74%
New York A New England... 58% 59%
New York Ontario A W est....
New York Susq. A Western:..
„ . Do
pref.
36% 36%
Norfolk A Western.................. 21
21
' Do
pref. 53% 54
Northern Paclflo...................... 32% 32%
Do
pref, 62
62%
Ohio A Mississippi..................
30
30
Oregon A Trans-Continental.. 34% 34%
Peoria Decatur A Evansville. 38% 38%
45% 46%
Philadelphia* A Readiug........
Riohm’d A WestP’nt Terminal 38% 39%
Do
pref
Rome Watertown A Ogdensb’g
St. Louis A Ban Francisco....
43% 43%
Do
p re f....
83% 83%
Do
1st pref 119 120
Bt. Paul A Duluth...............
87% 88
Do
pref........ HR 113% 113%
St.Paul Minneap. A Manitoba 1 20 120
Texas A Pacific, ass. paid.... 34% 34%
Union Pacific...........................
61% 62%
Wab. St. L. A P.,P. Com. repts. 20% 20%
__ Do
pref. 36% 36%
Wheeling A Lake Erie...........
57% 58
M is c e lla n e o u s S to c k s .
Colorado Coal A I r o n ......... 49% 50%
Consolidated Gas Co............... 87
87%
Delaware A Hudson Canal... 102% 103%
Oregon Improvement Co....... 49% 51%
Oregon Railway A Nav. C o... 104 104%
Pacific Mail............................. 54% 54%
Philadelphia Co., Nat. Gas!II" 108 ........
Pullman Palace Car Co..........
Western Union Telegraph.... 77% 77%
E x p r e s s S to ck s .
▲dams......................................
American..........................
United States........... ....11111!
Wells, Fargo A Co.............
I n a c t iv e S to c k s .
Buffalo Roch. A Pittsburg....
Chicago A Ind. Coal R’way
Cincinnati Wash. A Baltimore.
5
_
Do
pre<.
Denv. A Rio Grande Western. *18% 21*
Lake Erie A W estern..._____
D?
do
pref. "58% 58%
Manhattan Beaeh Company..
MATl/tAn (W iiv n l
'
Mexican Central..................... *17% 17%
Quicksilver M ining Co... . ...
a. T , Do
pref.. 33% 33%
~t. Louis Alt. A Terre Haute . 41% 43%
Bt. Louis Ark. A Texas
Virginia Midland.. . . ............ 41
42%
Cameron Iron A Coal
*40
41
Columbus A Hocking Coal” "
46% 46%
Marshall Con. Coal
27% 29
New York A Perry C oal.......
Tennessee Coal A Iron...".” *'
Various Stocks, &c. (Uni isted.)
Amer. Cotton Oil Trust.......... 50% 50%
Pine Line Certificates....!”
63% 64%
Boston H. A Erie, new
5% 5%
Tol. Ann Arbor A N. M. . 11* 26% 29
Mexican National...... ."". . . I’ "
11
11
Mexican National.Construc’n 39% 41
Monday,
May 30.
Tuesday,
May 31.
Wednesday,! Thursday,
June 1.
June
Sales
of the
Week,
Shares
Range since Jan. 1,1887.
Lowest.
Highest.
*14%
62%
62%
81
*40
*7
*13
9
14% 14% 14% 13%
14% 2,150 10% Feb. 1 15 May 16
1 14
62% 61% 62.%
61
61% 2.310 59% Mar. 5 68 % J an. 13
63% 63% 63%
3 62% 63
7,585 52% Feb. 1 64% May 19
82% 82% 83% 81% 83
82% 84% 32,240 55% Jan. 3 86% Apr 13
41
40% 40%
*40% 41
925 33 Feb. 3 43% Apr 12
7%
50 7 May 26
*7
7%
8
*7
8
9% Jan. 8
14% 13% 13% *13
*13
14
100 12% May 11 17 Jan. 13
15
9
*9
6 9 Mar. 8 11% Jan. 20
10
*8% 10
*8% 10
626 136% Jan. 13 156 May 17
148 148%
93% 93% "*93% "94%
92% 93% 41,344 85% Feb. 1 95 May 18
124% 124% 125 125% 124% 125
3,049 117% Jan. 8 127% May 17
124% 125%
125 126
125% 126% 40,63“ 110 Feb. 1 126% June 3
125% 126% 125% 126
151% 151% 151 151
*151 1521 152% 152%
612 138% Jan. 29 153 May 13
137 137% 136% 136% 136 1361 136% 136%
1.36 124% Mar. 18 140% May 17
*18% 19% *18% 20
400 16 Feb. 1 22 Apr. 22
*18
19
*49
50
49
49%
1 ,1 0 0 35 Jan. 27 52% Apr. 22
*48% 49%
53
53% 53% 53% 52% 53
6,720 45% Feb. 1 54% May 17
52% 53%
117 117% 116% 117% 116 1161 116% 117%
3.036 106 Feb. 1 117% May 17
65% 65% 65% 65% 65
653
1 ,2 1 0 59 Feb. 1 68 Apr. 11
65
65%
33% 33% 33% 33% 32
33
32% 33%
3,015 28% Mar. 14 39% Jan. 11
137% 139% 139 139% 138 1393 138 139
54,552 131% Feb. 1 139% June 1
32
32% 32% 32% 31
5,745 21% Feb. 3 32% Apr. 14
31% 32%
311
67
67% 67
13,076 56% Jan. 24 68 June] 3
67%
67% 68
14% 14% *14% 14%
1,690 12% Mar. 14 17 Jan. 3
14% 14%
75% 76
200 71% Feb. 1 82% Jan. 13
*74
76
*75
*74
77
76
27% 27% 28
2,565 21% Feb. 1 32 Jan. 3
27% 271
27
27%
28
98
98
1 ,100 84 Mar. 12 100 Apr. 9
*97
99
98% 99
98% 98%
41% 44% 33,728 21% Feb. 4 62% May 7
47% 49% 46% 47% 43
46)
510 12 Jan. 28 17 Apr. 7
16% 16% 15% 15% *15% 16
15% 15%
27% 28
2 ,0 0 0 26% May 26 28 May 31
27% 27%
27
137% 138 1T128%137% 127% 128
2,359 ÏÏ127 June 3 138 May 28
127 128
*24
25
24
24
850 17% Feb. 4 27% Apr. 1
24
24
*23% 24%
45
3,400 38% Mar. 24 47% Apr. 21
45
45% 44
45% 45%
24,623 90 Feb. 1 98% May 19
97% 98% 97% 97% 97% 98
560 93 Jan. 15 99% May 14
99
99
98% 98% 98% 98%
98
981
68
68% 6 8 !
68
68% 67
67% 67% 15,216 57 Feb. 3 70% Apr. 14
400 58 Jan. 22 67 Apr. 21
63
*62
64
64
64
63
*61% 63%
160 161
160 160% 158% 159% 1 1 ,1 2 0 154 Jan. 5 161% Apr. 20
159% 160
1 ,2 0 0 51 Jan. 27 64% Apr. 561
61
59
59
59
59
1,459 86 Jan. 27 95% May 19
93% 94% 93
93% 93% 93%
94
94
1 ,1 1 0 66% Jan. 6 94% May 18
94
*92% 94
93% 94
93
93% 93%
4,480 98 J an.
117 1171 117% 118% 118 118% 117% 118%
119 May 18
1,340 17% Feb.
*19% 20% *19
20
*18% 19%
20% Apr. 2
11,041 40% Feb.
46% 47% 45% 46% 46
46
48% May 31
4,545 26% Feb.
32
32
31% 31% 31% 31%
34% Apr. 9
14,096 104% Feb.
110 110% 109% 110% 109% 110
112 May 19
100 14% Feb.
*14
*14
16
16
*14
16
19% Jan. 8
1 ,2 0 0 79% Feb.
85% 85% 84% 85% *84% 86
85% 86
88% Jan. 3
1,988 110 Feb.
113% 113% 113% 113% 113% 113%
114% May 19
500 16% Mar. 15 20% May 16
19% 19% *19% 19% *19
19%
36% 36% 35% 36
2.055 27 Mar. 12 37% May 18
35% 35%
34% 35
34% 34% 34% 34% 33% 34% 22,675 29% Feb. 1 35% Apr. 12
4.310 65% Jan. 29 76 May 23
74
74% 75
74% 73% 74% 73% 73%
59% 59% 58% 59% 58% 58% 36,170 51 Jan. 12 66 Mar. 29
568 15% Feb. 4 20% Jan. 3
*19
19% 19% 19% 18% 18%
1,353 11 Feb.
12% 12
12% 12% 12% 12% 12
12
14 Feb. 14
2.055 31 Feb.
36% 36% 36% 36% 35% 36% 35% 35%
38% Feb. 14
20% 21
1,770 17% Feb.
20% 20% 20% 20%
21
21%
23% Jan. 3
51% 53% 51
52% 53% 52% 53
52% 17,396 43% Feb.
55% May 16
9,814 26% Feb.
32% 32% 32% 32% 32% 32% 32
32%
33% May 20
62% 62% 62% 62% 60% 61% 60% 61
6,471 56% Feb.
63% May 19
2 ,0 0 0 22% Feb.
29% 29% 29% 29%
30% 30%
32% Apr. 4
8,285 29% Jan. 24 35% Apr, 7
34
34% 34 .34% 33
34% 33% 33%
8,415 30% Jan. 3 39% May 25
38% 38% 38% 38% 36% 38% 37% 38%
46% 47% 47% 153
51% 52% 51% 52% 266,930 34 Feb. 1 153 June 1
38% 39% 38% 39% 37
39% 37% 38% 43,460 37 June
53 Jan. 17
*74% 76
74
74% 74
600 71% Apr. 26 87% Jan. 17
74%
*92
94
93
93
91
91
117 80 Feb. 8 95 Jan. 17
*90
92
43% 44
42% 43% 41% 42% 41% 41%
3,620 30 Jan. 27 44% May 26
83% 83% 82
4,880 61% Feb. 2 84% May 26
83% 81% 82% 81% 81%
119 119 *119 119% 119% 120
120 112 Jan. 28 120 June 2
118% 118%
85% 87% 87
89
86
86% 85% 86% 4,955 55% Jan. 7 90 May 26
113% 113% 113% 113% 113% 113%
641 107 Jan. 10 114% May 23
120% 120% 120 120% 119% 120% 119% 119% 3,987 113 Feb. 1 120% May 27
34% 34% 34
34% 33% 34% 33% 33% 11,965 20 Feb.
35% May 23
61% 62% 61% 61% 61
61% 60% 61% 15,905 53% Feb.
63% May 18
21 21% 20% 20% 20
20% 20% 20%
2,825 13% Feb.
22% May 6
36% 36% 36% 36% 35
36% 35% 36%
6,250 23% Feb.
38% May 18
57% 58% 58% 60% 60
60% 60% 62% 61,735 53 Vpr.
63% Apr. 18
50
50% 50% 51% 50% 51% 50% 50%
4,735 35% Feb.
53% May 19
t85
87
84% 84% 83
5,065 79 Jan.
83% 83% 83%
89 May 19
103% 104% 104% 104% 103% 103% 103% 104%
6,682 100% Mar.
105% Apr. 18
52% 54% 50% 53
49% 51
9,001 38 Feb.
50% 51%
54% May 31
104 104
104 104
103% 103% 102% 103
1,335 96% Feb.
105% May 19
54% 55% 54% 55% 51% 54% 52% 53% 42,950 48% Jan.
58% Apr. 7
101 101
101% 101%
90 101 May
115 Feb. 8
157 157
157% 157% 154% 157
1 ,1 0 0 139% Jan.
159% May 23
77% 77% 77% 78
76% 77% 76% 77% 44,242 70% Feb.
78% Mar. 9
*145 150 *145
147 147
15 139% Jan. 4 147 May 14
145 L46
117 117
117% 117% *115 118 *114 L18
105 107 Jan. 5 118% May 14
*68
72
*68
72
*68% 72
*68
74
62 Feb. 17 73% May 24
134% 134% *134
135 135 *133
20 126% Jan. 25 135 June 2
69
69
62
62
*4% 5%
*8
*18%
23%
58%
16%
18%
*6%
33
42
42
41
45%
27%
70
39
60
*4%
8%
8%
20% *18%
23% 23
59
58%
16%
18% 18%
7%
*6%
33% 33%
43
42%
23
42% 42
41
*41
46% 45%
29
27%
70% 70%
39% 39%
51% 51%
63% 63%
5% 6
28
28
*10%
41
11%
41%
51
62%
5%
27
11%
41%
ese are the prices bid and asked; no sale was made at the Board.
Friday,
June 3.
60
*58
5%
*4%
8%
7%
21
*18%
23
23%
58% 57%
60
5%
8
20
23%
58%
18% 18%
7%
*6%
33% 33%
45
44
23
42% 42%
42
*40
45% 45%
28% 25%
70%
39% 38%
18%
7%
33%
44%
51%
63%
6
27
11%
42
50
62%
3%
26%
11%
41
43%
45
45%
27%
39
60
60
*4% 5%
*7% 8%
22%
58
*16
*18%
*6%
*32%
44
21%
41
*40
42%
26%
70%
38
200 33% Jan. 19 74% Apr. 6
270 60 June 1 67% Apr. 19
100 4% Mar. 23 7 Jan. 13
500 7% Feb. 15
34 19 Mar. 15
23%
906 22% June 3
58% 4,550 57% June 2
17
10 15% Feb. 11
18%
700 13% Jan. 5
7%
6 Apr. 22
34
800 28 Jan. 4
45% 11,590 30 Jan. 8
21%
300 20 May 6
42%
5,420 31 Apr. 22
44
200 38 May 11
44%
6,123 35% Feb. 24
26%
3,400 25% May 14
70%
600 62% Jan. 3
38% 3,440 38 June 3
10% Jan. 14
23% Jan. 13
24% May 16
61 Apr. 29
18% May 12
22 Apr. 9
8% Jan. 10
35 May 14
45% June 3
25 Feb. 12
43% June 2
49% Jan. 27
50 Apr. 27
32% May 23
72% Apr. 5
54% Jan. 14
51% 48% 50%
9,745 42% Mar. 1 64% Jan. 3
63
62% 63% 4 !I ,000 \ 60 Feb. 16 72% Jan. 11
l,J 4
5
*4% 4%
4,500
28
1,0 0 0
28% 29
11% *11% 12
1,543
41% *40% 41% 3,690
f Lower price is ex-dividend.
t Assessment paid.
If Ex-rights.
701
T H E CH RONICLE,
[VOL
XIXV.
BONDS-LATEST PRICES OF ACTIVE BONDS AT N. Y. STOCK EXCHANGE, AND RANGE SINCE JAN. 1, 1837.
Railroad Bonds.
Closing.
June 3 Hay 27
Ran ge since Jan. 1.
Lowest.
Highest.
Railroad Bonds.
Closing.
J une 31 Bay 27
Range since Jan. 1.
Lowest.
36%
Atl. & Pac.—W. D. lno., 6s, 1910 37%
25% Feb.
87% a, 85% Mar.
Guar., 4s, 1937........................ 88%
Can South.—1st guar., 5s, 1908 108*2 I07«sb. 104% Feb.
90% Mar.
2d 58,1913........... ................ 9313 b, 93%
86 Feb.
Oen. Iowa—1st, 7s, '99, coup, oft 9013 a, 91
Central of N. J.—1st, 7s, 1 8 9 0 ............. 108 b. 105% Feb.
116
Consol, 7s, 1899, assent..........1181s
107% Jan.
115 b. 109 Jan.
Convert. 7s, 1902, assent...... 117
107%b 107% 105% Jan.
Adjust. 7s, 1903
104
102 %
83% Jan.
Convert, deb. 6 s, 1908
Le’h & W.B.,con.7s, 1909,as’nt 11233 114 b. 110 Jan.
Am. Dock & Imp., 5s, 1921. .. 105 b. 105 b 99 Jan.
Central Pacific—gold 6 s, 1898.. 117 b. 117 b. 113% Feb.
Ban Joaquin Br. 6 s, 1 9 0 0 ...... 115 b. 114 b. 111% Feb.
Land grant 6 s. 1890........... . 10213 b. 103 b. 102 Apr.
’Giles. A O.—Pur. m. fund 6 s, '98 115 a. 115 a. 112 Mar.
6 s, gold, ser. B. 1908, coup, oft 75 b. 75%b. 71 May
Exten. coup., 4s, 1986........ . 7213a. 71%
68 May
25 b. 24% May
6 s, currency, 1918.................. 251$
95 b. 97%
96% Apr.
Mort. 6 b, 1911..........................
Ches. O. & 80 . W.—5-6s, 1911... 10713b. 107%b. 101 Feb.
116%b. 115 Jan.
Chicago & Alton—1st, 7s, 1893.
105 b. 104% Jan.
Chio.Bur. A Nor.—1st, 5s, 1926. 106
107 b. 106 Jan.
Chic. Burl. A Q.—Deb. 5s, 1913. 107
Denver Divis., 4s, 1922........... 96 13b. 98 %a. 97 J une
103
Chic. & Ind. Coal R., 1st, 5s, '36
98% Jan.
120% Jan.
Ch. Mil. & St.P—1st, I .& M.7s, '97 124 b.
13014b. 130%b. 128 Jan.
Consol. 7s, 1905....................
1st; So. Min. Div.—6 s, 1910.... 118 b. 118 a. 115 Feb.
1st, Chi. & Pac.W.Div—5s, '21 108 %b. 108% 106% Jan.
Wis. & Min. Div.—5s, 1921.... 106 b. 100% 105% Apr.
, Terminal 5s, 1914................. . 10513b. 105%b. 102% Mar.
Chic. A N. W.—Consol. 7s, 1915 13913 139 b. 138% May
132% 128 June
Gold, 7s, 1902.......................... 128
Sinking fund 6 s, 1929............ 117 b. 117
117 May
108 %b. 108«s 108 J an.
Sinking fund 5s, 1929.............
Sinking fund debent. 5s, 1933 110 b. 109 %b. 108% Jan.
25-year debent. 5s, 1909........ 106% 106 b. 106% May
130 Jan.
Chi. R. I. & Pac.—6 s, coup. 1917. 13313b.
Exten. & col. 5s, 1934............. 108i3b. 109 %b. 108% Apr.
Ch. St.P..M.& O.—Consol. 6 s. '30 120%b. 124%b. 120% Mar.
St. Paul & S. C.—1st, 6 s, 1919 124 b. 124% 124 Apr.
Gh.St.L.A Pitts.—1st,con. 5s, '32 100% a.
98% Jan.
C. C. C. & Ind.—Gen. 6 s, 1934 .. lllis a . 111 a. 107 Jan.
Col. Coal & Iron—1st, 6 s, 1900.. 10413a. 104
98% Feb.
75 Mar.
Col. H. Val. & ToL—Con. 5s, '31 Sligb. 82%
70 Mar.
Gen. gold. 6 s, 1904........ ........ 83 a.
Denver & Rio Gr.—1st, 7s, 1900 120isb. i*20%b. 118% Feb.
82%
76% Feb.
1st COn. 4s, 1936 ..................... 82%
82%b. 79 Mar.
Den. A R. Gr. W .- 1st, 6 s, 1911.
77%b. 77%
73% Mar.
Assented........... ................ —
Den. So. Pk. & Pac.—1st, 7s, '05 79 b. 81 b. 68 Apr.
Det.Mao.&M.—Ld.gr.3%s,1911 52
53
49% Feb.
99%
E. Ten.V. A G. Ry.—Con.,5s,'56 99
98% Feb.
Eliz. Lex. A B. Sandy—6 s, 1902. lO i a. 104 a. 103 May
Erie—1st. consol, gold, 7s, 1920 136 b. 136 b. 132% Mar.
Long Dock, 7s, 18 9 3 ............... 112 %b. 116 b. 113% Jan.
Con. 6 s, 1935........ .............
115 Jan.
N.Y.L.E.AW—2d con. 6 s, 1969 101% 104%” 93% Feb.
Funded coupon, 5s, 1 9 6 9 ...
88% Feb.
97%
Ft. W. ADenv. C. -1st, 6 s, 1921 94
88% Jan.
Gal.Har.A San. Ant.—
1st, 6 s ,'10 108 b. 108 b. 106 Feb.
2d M., 7s, 1 9 0 5 ........................ 107 a.
110 May
West. Division—1st, 5s, 1931. 94%a. 94%a. 96 % Apr.
92% Jan.
2d, 6 s, 1931...........................
Gr’nB. W. A St.P.—1st, 6 s, 1911
108
99 Jan.
2d income 8 s, 1911.................. 505g
38 Jau.
51%
Gulf Col.ASan.Fe—1st,7s, 1909 I24%b. 124%b. 120% Jan.
Gold, 6 s, 1923.......................... 106 % 100%a. 101% Jan.
Henderson Br.Co.—1st. 6 s, 1931 108 %b. 108%b. 106% Mar.
H. A Tex. C.—1st M. L. 7s........ 118% 118
112% Jau.
1st, West. D., 7b, 1891............. 115iab. 114 b. 108 Mar.
1st, Waco A N. 7s, 1903.............
113 Feb.
2d, consol. M. L. 8 s, 1912....... 109i8b.
94 Feb.
Gen. mort. 6 s, 1921................. 70 b.
66% Feb.
HI. Central—1st. gold, 4s, 1951 10 7«ga. 107 b. 107 Fen.
Gold, 3%s, 1951....................... 96 b. 96%b. 95 May
Ind.Bl. A W.—lst.pref., 7s, 1900 123% 121 b. 119% Jan.
1st, 5-6s, 1909.......................... 98
96%b. 91% Jau.
2d, 5-6s, 1909.. ...................... 89%
83 b. 77% Jan.
Eastern Division—6 s, 1 9 2 1... 96%b.
91 Jan.
Income, 6 s, 1921........ ........... I 33%a. 33«sb. 30% Jan.
Int. A Gt.Nor.—1st, 6 s, gold, '19 Il5% a. 114 b. 112% May
Coupon, 6 s, 1909..................... 93%
93 b. 93 J an.
Kent. Ceutr.—Stamped 4s, 1911 74«sb. 74 «sb. 64 Jan.
Knoxv. AO.—1 st, 6 s, gold, 1925 97 b. 96 b. 95% Jan.
LakeSh.—Con.coup., 1st, 7s, 1900 128
128% 125% Feb.
Con. coup., 2d, 7s, 1903.......... 122% 126% 122% Jan.
Long Island—1st, 7s, 1898........ 120%b.
120«8 May
1st, consol., 5s, 1931........
113 Feb.
Lou. A Nash.—Consol., 7s, 1898 118«a 118% 118 Apr.
N. O. A Mobile—
rlst, 6 s, 1930. 113% 112%a. 105 Jan.
2d, 6 s, 1930........................... 100
90% Jan.
E. H. A N.—1st, 6 s, 1919........ 114%a.
115 Jan.
General, 6 s, 1930..................... lll%b.
107 J an.
Trust Bonds, 6 s, 1 9 2 2 ......... 107% 108 %b. 104% Jan.
10-40, 6 s, 1924........................ 102
101% 98 Jan.
Lou. N. A. A Ch.—1st, 6 s, 1910. 114% 114
109 Jan.
Consol., gold, 6 s, 1 9 1 6 ........... 97%
97
93 Apr.
Mem. A Ch’lston—6 s, gold, 1924 107
107
101 Jan.
Metro. Elevated.—1st, 6 s, 1908. 1 20
120
117 Jan.
2d, 6 s, 1899............................. 109
108 %b, 108 May
Mich. Central—1st, con., 7s. ’02 128 b. 128 b.|.127 May
Miss’ri Pac.—1st, cons., 6s,1920 116
115% 114% Feb.
3d, 7s, 1906............................... 1 20 b. 122 b. 122 Jan.
Pac. of Mo.—1st, 6 s, 1 8 8 8 .... 103%b. 103%b. 102 Feb.
2d mort., 7s, 1891............... i ll% a .)........ ..[108% Mar.
38 May
Mil. Lk. Sh. A W.—1st, 6s, 1921. 119% 120 b. 118 Feb.
90 Jan.
Michigan Div.—1st, 6s, 1924.. I16%b. 119%a. 114 Jan.
108% May
Income, 6s, 1911..................... 102 b. 103%a. 101% Feb.
95% Jan.
Minn. A 8t. L.—1st, 7s, 1927___ 129 b. 133 b. 132 Jan.
94 May
Imp. A Equip.— 1922........ 87%b. 85 b. 85 Apr.
6s,
110 Jan.
102
Mo. K.ATex.—
Con., 6s, 1920... 99
96% Feb.
118% June
87
Consol., 5s, 1 9 2 0 .................
89%
83% Feb.
117 May
Consol., 7s, 1904-5-6............... 112%b. 113
109% Feb.
107% Jan.
Mobile A Ohio—New, 6s, 1927 . 110 b. 113 b. 108% Feb.
104 June
1st, Extension, 6s, 1927.. . . . 105 %b I.i5 b. 104 May
116 Feb.
50 b. 56 b. 59% May
1st prei. debentures, 7 s ........
106% May
Mutual Un. Tele.—8. f., 6s, 1911 86% a. 86%
84% Feb.
118% Mar. Nash. Ch. A St. L.—1st, 7s, 1913 130 b. 130%b. 128% Mar.
115% Mar. N.Y. Central—Extend., 5s, 1893 104%b. 104%b. 104% Jan.
105 Mar.
N.Y.C. A H .-1 s t, cp., 7s, 1903 I35%b. 135%D. 133% Jan.
114 Mar.
108 %b. 109 b. 106 Mar.
Debenture, 5s, 1904
81 Jan.
N.Y.AHar.—1st, 7s, 1900....... I30%b. ISO b. 128% May
75% Jan.
N. Y. Ohio. ASt.L.—1st, 6s, 1921.. 100% 100 «8
85 Jan.
32 Jan.
98 b.
2d mort., 6s, 1923
70 Jan.
100 Feb.
N.Y. City A No.—Gen., 6s, 1910. 76 %b. 78
65% Jan.
107% June N.Y. Elevated—1st, 7s, 1906.... 122 b. 122
121% Mar.
117 Apr. N. Y. Lack. A W.—1st, 6s, 1921. 127 b. 128% 125% Jan.
107% Mar.
Construction, 5s, 1923........
108 %b. 107 Feb.
108% Apr.
N. Y. Ont. A W.—1st. 6s. 1914
107 Jan.
99 Jan.
N.Y.Sus. AW.—lp t,6 s,'ll.cp .ofl
91% Jan.
103 Apr.
Debenture, 6s, 1897, coup, oft
78 b 69 Feb.
122% Jan.
Midland of N. J.—1st, 6s. 1910 114 b. 114 b, 110 Apr.
130% May
85
N. O. Pacific—1st, 6s, 1920
85%
7 5 % Feb.
118 Feb.
North. Pacific—1st, coup.,6s, '21 118
118
115 Feb.
109 Jan.
Gen’l, 2d, coup., 1933............. 104% 105% 103% Jan.
108 May
James R. YaL—
1st, 6s, 1936.. 10.) b. 109 h. 106% Jan.
105% May
N. Pao.Ter.Co.—1st, 6s, 1933... 106% 106 b 104 Jan.
142 Jan.
Ohio A Miss.—Consol., 7s, 1898. 117%
117% May
133 Jan.
2d, oonsol.,7s, 1911........ .
117
118
117 May
120 Jan.
Springfield Div.—7s, 1905 . . . . 109 a. 108 b 109 Jan.
110% Mar. Ohio Southern—1st, 6s, 1 9 2 1... 102 b. 111 a. 102 Feb.
110% Mar.
2d,inc.,6s, 1921...................... 44 b. 45 b. 40 Jan.
109% Apr. Oregon Impr. Co.—1st, 6s, 1910 98 b. 1 02 %
91% Mar.
135 Jan.
Ore. R. ANav.Co.—1st, 6s, 1909 I l l b. 110 b. 103 Jan.
110% Feb.
Consol., 5s, 1 9 2 5 . . . . . . . . . .. . . . 102 %h. 105 b. 102% Feb.
12478 May Oregon A Tran soon.—6s, 1922.. 101
101% 100 Feb.
127% Jan.
Peo. Deo. A Evans.—1st, 6s, '20. 115 b. 112%b. 110 Mar.
102 Feb.
Income, 6s, 1920..................
81% Jan.
111 % May
Evansv.Div— 1st, 6s, 1920... 110%b.
108 Mar.
104% May
Income, 6s, 1920.......... .
79% Jan.
88% Jau.
Rioh A All.—1st, 78,1920, tr. rec 75
66 Jan.
76
91 Jan.
Riohm. A Dan.—Cons., 6s, 1915 114 b. 114
111% Mar.
120% Feb.
Debenture, 6s, 1927 . . . . . . . . . . 114%a.
106 Feb.
82% May Roob. A Pitts.—1st, 6s, 1921__ 120 a. 120
114 Feb.
82 Apr.
Consol., 6s, 1 9 2 2 .................... 113 b. 115
108 Jan.
78 Jan.
Rome W. A Ogd.—1st, 7s, 1891. 108 b.
110 Jan.
82 May
Consol., extend., 5s, 1922....... 102 a. 1023s 101% Apr.
56 May St Jo. AGd.Isl.—1st, 6s, 1925 . 104% 104% 104 May
101% Apr.
2d, income, 5s, 1925 ............. 70%b. 71 b. 70 Mar.
108 Jan.
St. L. Alt. A T.H —1st, 7s, 1894. 116 b.
114 Jan.
136 Jan.
2d, M., pref., 7s, 1894............. I l l b.
110 Feb.
115 Mar.
2d., M.,lno., 7s, 1 8 9 4 ..... . . . . 105 b. 104 %b. 105 May
120 Mar.
Dividendbds, 6s, 1 8 9 4 .......... 48
46%
35 Jan.
104%May
St. L. Ark. A Tex.—1st, 6s, 1936 100
100
93% Feb.
95% May
2d, 6s, 1936............................. 50
51 b. 49% Feb.
98% May St. L. A Ir. Mt.—1st, 7s, 1892... lll% b . I l l %b. 110 Mar.
109% Mar.
2d mort., 7s, 1897................ ..
111% 109 May
111 Jan.
Gen. Ry. A land gr., 5s, 1931. 95
94 Apr.
94
100% Jan.
St. L. A San F r.- 6s., Cl. A,1906
114 b. 115% Jan.
92% Feb.
6s, Class B, 1906......................
114 b. 114 May
109 May
6s, Class C, 1906......................
114 b. 113% May
53 May
Gen’l mort., 6s, 1 9 3 1 ............ 114 b. 114% 108% Feb.
125 May
So. Pac., Mo.—1st, 6s, 1888... 103 %b. 103% 101% Jan.
106% June St. Paul M. A M.—1st, 7s, 1909. 116 b.
110% Jan.
110 Feb.
2d, 6s, 1909.............................. 120%
118 Feb.
119% May
1st cons., 6s, 1933 .................. 119% 119%b. US Mar.
119% May
Do
reduced to 4%s.. 100 b. 101 a. 93 Feb.
119% May Shenandoah Val.- 1st, 7s, 1909 108
103 %b. 96 Jan.
112 May
Gen’l mort., 6s, 1921............... 53
52 %a. 37 Mar.
79% May So. Carolina—1st, 6s, 1620........ 96 b. 96 b. 96 May
108% Jan.
2d, 6s, 1931.............................. 66 b. 65
65 May
99% Jan.
Inc., 6s. 1931........................... 19 b. 25 a. 19 Mar.
124% Feb.
So. Pac., Cal.—1st, 6s, 1905-12.. 11338b. 113 b. 110% Feb.
99 May So. Pao., Ari.—1st, 6s, 1909-10.. 114%b. 114%b. 110 Feb.
89% June So. Pao.. N. M.—1st, 6s, 1911. ..1109% 109
105% Jan.
t
r
98% May ip n w A Pac.—Inc. Ar 1H gr, 7s, *1
Tex. J P a n — Tno. A Id err 7 a *15 ii A
60
62%
58 % Féb.
Rio Grande Div.—6s, 1930_
_ 77 %b. 78 %b. 64 Feb.
34% Apr.
122 Mar.
Gen. mort. A term., 6s, 1905.. 70%b. 71%
65 Mar.
98 Feb.
Tol. A.A. A N. M.—1st. 6s, 1924 99%a. 99%
89 Jan.
75 May Tol.A.A. A Gr.Tr.—1st, 6s, 1921 107 b. 107
103 Jan.
100 Jau.
Tol. Peor. A West—1st, 7s, '17 . 109% 108 b- 104 Jan.
128% May
Tol. A Ohio Cent.—1st, 5s, 1935 99%
99 %b 95 Jan.
Union Pacific—1st, 6s, 1899.... 118 b. 117%b. 114 Jan.
126% May
124 Mar.
Land grant, 7s, 1837-9........ .. 103 %b. 103 %b. 102 Jan.
Sinking fund, 8s, 1893........ .. I16%b. 116%b. 115 Mar.
115 Feb.
121% Feb.
Kan. Paoitic—1st, 6s, 1 895....
114% 111% Feb.
113% June
1st, 6s, 1896........................ . lll% b . 114%b. 111% Jan.
99% May
Denver Div.—6s, 1899......... 114%b. I14%b. 114 Jan
1st consol, 6s, 1 9 1 9 ........... 103% 103% 102% May
I17«s May
114% May
Oregon Sh. Line -1st, 6s, '22.. 102% 102% 100 May
109 May
Virginia Mid.—Inc., 6s, 1927_
_
97
95 Apr.
103 Apr.
Wab. St.L. A Pac. - Gen., 6s, '20 58 b. 58
49 Jan.
115% May
Chicago Divison—5s, 1910 ... 1 01 % 102%
89 Feb.
98 May
Wabash—Mortgage, 7s, 1909..
94 b. 84% Mar.
107 May
Tol. A Wab.—1st, ext.. 7s, '90 113
117% 110% Jan.
120% May
1st, St. L. Div.. 7s, 1889____ 111
106 J an.
116
2d, extended, 7s, 1 8 9 3 ...... 105
113 Apr.
106 b. 99 Jan.
131 Apr.
Con., conv., 7s, 1907........
92 b. 94
84 Mar.
119 Apr.
Great West.—1st, 7s, 1888.... 113% 116%b 109 Jan.
126 Apr.
2d, 7s, 1893....................... 105% 105%b, 99 Jan.
105 Jan.
8t.L.K.C. AN.—R.eAr.,7s,’95.
109 Mar.
West Shore—Guar., 48........ .
110 Jan.
104 ' i o T " L02% Mar.
Note - The letter “ b " indicates price bid, and “ a” price asked; all other prices and the range are from actual sales.
S T A T E BONDS.
SECURITIES.
Alabamar-Class A, 3 to 5 ....... 1906
Class B, 5s............................1906
Class C, 4s,............................ 1906
6s, 10-20................................1900
Arkansas—6s, funded.. 1899-1900
7s, Little Rock & Fort Smith, iss.
7s, Memphis & Little Rock, iss..
7s, Arkansas Central R R ............
Georgia—7s, g o ld .................. 1890
Louisiana— co n s...............1914
7s,
Stamped, 4s.................................
Michigan—7s............................1890
Bid.
Ask.
S E C U R IT IE S .
Bid.
Ask.
108% 108% Missouri—6s.......ri.e 1889 or 1890 106%
1 12
115
Asylum or Univtrs^y, due 1892 112
103 107
Funding.......................1894-1895 115
103
New York—6s, loan................ 1892[ lt 5
11
6s, loan...................... j .........1893 118
30
North Carolina—t>v. old..........J&J
35
22 30
Funding act .. . .....
1900 12
10 15
New bonds, J. & .1___ 1892-1898 22
109
Chatham RR ... ........................ 10
100
Special tax, Class 1.......................I 14
88 89 '
Consolidated 4-*................. ...1910
_____
100
107
6s............................................. 19191 123 125%
Highest.
122 Apr.
121 May
107 Apr.
133 Jan.
90 Jan.
102% Apr.
89% Apr.
113% Jan
114 Apr.
106 Jan.
66% Mar.
89 Mar.
[131 Apr.
107% Apr.
137 May
109% Feb.
133% Apr.
101% May
99 May
I 80 Apr.
123 Jan.
128% Apr.
110 J a n
110% Feb.
95 Feb.
77 Apr.
115% May
86% May
118% Apr.
107% Mar.
111 May
106% May
123 Apr.
119 Jan.
112% Apr.
111% Apr.
50% May
102% May
112 May
106 Jan.
104% Apr.
114 Jan.
87 Apr.
112 Feb.
87% Apr.
77 Apr.
114% May
114 Apr.
120 Mar.
117 Apr.
112% May
104% Mar.
108% Apr.
75 Apr.
1Î5 Apr.
112% Mar.
108 Jan
43 June
I023g Ape
55% J a n
115 Jan.
114% Mae
99 Jan.
115% Jan
117 Apr.
117% Apr.
115 May
104% Jan.
118 Apr.
121 Mar.
120% May
101% May
109 May
55 May
107% Jan
80 Ja n
28% Ja n
113% May
112 Apr.
109% June
66% Feb.
78 % May
72 Apr.
100 May
107 May
112 Feb.
99% Jan.
119% Mar.
103% May
120 Feb.
115 May
115 Mar.
117% Apr.
109 Apr.'
107% Jan
99 Jan.
60% May ,
104% May
97 May
117% May
116 May
108 May
99 May
117% May
107 May
112% Feb.
104% June
SECURITIES.
Bid. 1 Ask.
Rhode Island—6s, co u ..1893-1894
South Carolina—6s, non-fund.1888
Brown consolidated 6s.......1893
Teunessee—6s, old........ 1892-18981
Compromise, 3-4-5-6S...........19121
New settlement—6s..............1913
5s.........................................1913
3s....................................... .1913
Virginia—68, old..............................
6s, consolidated bon d s........... .
6s, consolidated, 2d series........
6s, deferred, trust rec..................
116
6
7%
108% n o
65
74
104% 107
103 105
74
75%
48
90
65
12
10
New York City Banks.—The following statement shows the
condition of the Associated Banks of New York City for the
week ending May 28, 1887:
Sankt.
Loans and
Discounts.
N ew Y o r k .............
Manhattan C o.......
Merchants’ ..........
Mechanics’.............
Am erica.................. \
P benix....................
C ity..........................
Tradesmen’s . . . . . . .
F u lto n ............. .
C hem ical. . . --------Merchants’ E xch .
OSllatin National.
B otchers’ A D rov.
Mechanics’ A Tra.
Greenwich.............
Leather M a n n frs.
Seventh W ard.......
State of N . Y .........
▲merio’ n E xch’ge.
C om m erce.............
Broadway...............
M ercantile.............
P a cific ...................
R epublic................
Chatham . . . . . . . . . . .
Peoples’ . . . . ............
N orth A m erica ....
H a n over................
I rv in g ....................
Citizens’ .................
N assau..............
M a r k e t ....... . . . . .
St. N icholas..........
Shoe A Leath er...
Corn E x ch a n g e.. .
Continental............
Oriental............. .
im porters’ A Trad.
Park.........................
N oi th R iv e r .......
East R iv er........ .
Fourth N ational..
Central N ational..
Second N a tion a l..
Ninth N ational....
First N a tion a l.....
Third N a tion a l....
N . Y . Nat. E x c h ...
B o w e r y ............. .
N . Y . County.........
German- Americ’n .
Chase N ational.. . .
Fifth A venue.........
German E xch’ nge.
Germ ania..............
United S ta te s......
Lincoln....................
Garfield..................
Fifth National.......
B ’k of the M etrop.
W est Side..........
Seaboard ...............
Sixth N a tion a l....
W èstern National.
Average Amoawt o fNet Deposits
Legal
other
Specie.
lenders.
tha n Ü.S.
$
11,800.000 1.650.000
9.446.000, 2.076.000
7.386.000; 1.393.300
8.021.000, 1.205.000
10.996. IOOi 1.211.400
600.000
3.031.000
8.914.600 3.641.900
348,500
2.571.600
607.600
1.885.000
19.127.400 7.863.200
608.200
3.174.5001
883.100
6.339.200
414.200
2.008,800
136.000
1.892.000
121.300
1,230,500
371.200
8.176.900
301.700
1.368.600
683.000
3.980.400
16.321.000 2.057.000
16,860,900 2.006.400
6.676.200 1.036.300
7.595.300 1.150.900
661.200
2.643.700
8.294.200 1.972.600
4.635.600 1.048.600
367.900
1.774,ICO
609.700
3.328.900
11.123.000 2.994.600
637.600
2.847.000
737.900
2.689.800
23 V 00
2.770.300
665.000
8.016.400
265.000
2.125,00t
560.000
8.521.000
7.303.000 1.167.000
820,800
4.948.200
209.300
2.208.000
19.646.400 4.310.200
18.108,100 4,712.80»
100.000
2.047.000
255.800
1.193.100
18.607.600 3.975.700
8.776.000 1.044.C00
737.000
8.441.000
4.975.700 1,371,30'
21.061.600 3.987.500
776 800
4.674.700
217.000
1.447.900
416.000
2.452.900
494.200
2.350.900
320.800
2.628.300
5.443.800 1,363.800
922.700
3.806.200
101.000
3.566.200
64.900
2.543.800
4.540.900 1.178.700
2.651.600
714.700
355.200
1.856.600
293.800
1.739.300
3.765.100 1.227.600
411.000
1.896.700
1.910.900
321.400
1.970.200
468.000
525.100
4.459.000
Loans.
Specie.
L. Tenders.
Deposits.
Circular
tion.
45.000
1.040.000
279.000
818.300
681.000
489.S00I
106.000
389.000
183.200
137.500
731.600
314.800
308.700
63.400
317.000
131.600
210.300
84,900
217.600
1.429.000
1,034.100
830.100
591.600
234.600
349.300
804.100
100.600
263.600
436.500
210.100
153.900
384.900
117.300
85.300
368.000
263.000
629.400
423.000
1.142.200
1.635.000
262.000
95.300
1.401.200
1.006.000
272.000
872,100
995.300
480.( 00
132.000
217.200
198.900
101.500
J326.500
85.100
299.900
827.700
42,200
128.600
145.500
133.600
241.900
275.900
201.400
1 0 t,600
162.500
45.000
287,000
*90,000
100,200
627,100
245,000
2,600
539,600
44,900
970,800
45,000
865,000
69,200
43,000
46.000
40,700
45.000
425] 800
447^600
45.000
9*82,700
45.000
223Ì800
360,000
45.000
43.000
45.000
443,600
201,300
224.000
180.000
* 5 ,Ò Ó
4* Ò
45.000
44,700
45.000
133,600
43,100
176,000
T o ta l.................. : 1364.463,500 73.755,600 24.889.200 371,460,800
1887.
8,266 000
Circulation Agg. Olear’gs
•
S
8
•
8
«
M ’y 14 o65.481.800 76,131,900 22,935,100 375.742,200 8,277,900 653,138.194
* 21 365,843,600 74,439,000 23.882.200 374,656,000 8,264,800 732,890 929
•
“ 2 i 364,463,500 73,755,600 24.889.200 371,460,800 8,266,000 607,844,524
RAILROAD EARNINGS.
R o ad s.
L atest E a rn in g s R eported.
Week o r Mo
1887.
1886.
A lleg h en y Y a l .. A p r i l . ...
1 63 ,60 6
148,391
A um. T . < s . F . . A p r i l . ...
k
1,673,020 1,261,479
A tla n ta & Char.. M arch........
111,971
111 ,74 2
A tla n tic A F a o . 3 w k s M ay
2 01 ,29 2
87,0 58
B alt. & P otom a c A p ril.........
1 15,711
109 ,82 1
B uff.N .Y .A Phil. 3 d w k M ay
4 7 ,5 0 0
5 1 ,4 00
Btuf. K och. & Pitt 3 d w k M ay
38,1 93
1 7,722
B ar.C ed .R .& N o. 1st w kM ay
4 9 ,9 4 4
4 4 ,6 2 5
Ghiro V . & C hic. 3 d w k May
1 6 ,8 37
12,7 63
Cal. S o u th e rn ... 3 d w k May
3 0 ,5 60
11,1 69
iCam den & A t l’c M a rch . .
34,8 05
3 3 ,5 5 7
C anadianPacifle 3 d w k M ay 2 0 6 ,00 0
1 8 4 ,0 0 0
C p.F’rA Y a d . Val A p r il..........
18,205
16,0 79
Central o f G e o .. A p r il.......... 3 8 7 ,59 6
4 0 3 ,33 5
C e n tra lo ! N’ w J. A p r il..........
Central I o w a ... A p r il..........
*90*83*8
95.6Ö3
Charlest’n & Sav M a rch ........
4 8 ,5 99
4 9,1 16
Chesap. < Ohio, jA p ril..........
fe
3 3 7 ,95 3 3 17 ,16 2
EUz.Xex.AB.8. April........
72,1 53
65,7 43
Chea. 0 . A 8. W . ¡A p r il.........
128,431
124,071
Chic. A A lto n . . . F e b r u a r y .. 584 ,40 9
542 ,13
Chic. A A tla n tic 1IthwkM ay
52,677
3 5 ,9 0 8
Chic. Burl. A No. M a rch ........
282 ,39 8
Chic. Bur. A Q .. M a rch ........ 2 ,9 5 2,68 2
2 2 9 ,17 2
Ohio. A East. 111. 3 d w k M ay
4 3 .0 4 0
2 8,0 12
C hic. Mil. A 8t.P. 4th w kM ay
648 ,00 0
623 ,56 1
Chic. A N’ th w ’n. A p ril.......... 1,8 3 9,33 4
7 20 ,61 7
C hic.St.L.A Pitts 3d w k M a y
6 7.5 84
5 6,3 96
C hic.8t.P.M . AO. A p r il. . . . . .
5 4 0 ,6 6 0 4 7 9 .5 3 3
C olo. A W . Mich. 3d w k M ay
2 8,281
2 4,331
« n . H am .A D .. 3 d wk May
64,021
4 9 ,8 7 0
C iu.Iud.8t.L.AC . 3 d w k M ay
51.5 85
4 4 ,2 0 0
O n . N. O. AT.P. 3d w k M ay
5 6,9 79
4 5,6 38
A la . Gt. South. 3 d w k M ay
25,2 41
1 8,4 77
g . Ori. A N. E. 3 d w k M ay
8,921
8,7 5 7
Vioksb. A Mer. 3<l w k M ay
7 ,7 8 0
7 ,9 3 9
V ioks. Sh. A P. 3d w k M ay
7 ,2 3 4
2 ,9 4 4
E rlan ger Syst. 3d wk May 1 06 ,31 4
8 3 ,5 96
O in.K ich.A F t.W . 3d w k M ay
5,982
7,2 4 8
Cin. Wash. A Bait l3 d w k M a y
- t '' g
33,8 25
3 4,8 57
C lev. A k ron A Col 3d w k M ay
1 0 ,1 20
10,071
C lev. A C anton. A p r i l ...........
32,9 52
2 7,3 36
C lev.C oLC .A Ind ¡April..........
Clev. A Marietta inrii......... 3 0 5 ,5 4 9 2 68 ,81 4
25,961
21,491
I And Branches.
705
T H E CH R O N IC LE
JüN* 4, 1887. J
Jan . 1 to L a test Date.
1887.
1886.
6 18 ,85 6
5 ,9 8 4 ,7 0 2
3 40 ,28 7
1 ,0 3 4,41 8
4 53 ,92 1
9 63 ,77 8
7 03 ,09 5
9 88,181
2 6 6 ,7 9 5
6 0 4 ,1 8 0
90,4 52
3 ,3 4 4 ,7 9 3
8 5 ,5 57
3 ,4 0 5,41 1
4 2 8 ,9 9 1
149 ,37 5
1 ,3 0 5,54 1
2 98 ,86 2
5 5 1 ,0 3 6
1,2 5 6,91 8
8 3 9 ,1 5 8
6 2 1 ,5 0 3
6 ,7 8 5 ,3 0 2
7 3 1 ,2 4 6
9 ,0 7 4 ,0 0 0
7 ,5 3 1 ,4 7 0
1 ,9 9 8,02 4
1 ,8 6 1 ,7 8 0
507,901
1 ,1 8 0,66 3
9 89 ,31 5
1 ,2 0 2,98 2
555 ,41 2
2 5 0 ,6 1 4
197 .38 9
1 9 3 ,13 0
2 ,3 9 9 ,5 2 7
1 51,163
7 76 ,09 8
201 ,10 7
111 ,07 2
1 ,3 0 9,21 0
1< >4.575
3 ,0 2 3 ,2 9 4
3 9 2 ,4 9 5
143 ,58 3
1 ,1 8 9,72 6
2 62 ,93 6
4 9 3 ,9 7 0
1,099,978
5 8 2 ,91 9
5,4*40*4*10
6 2 2 ,7 5 0
8 ,5 7 3 ,6 5 4
6 ,7 1 3 ,2 * 9
1 ,6 4 0,82 7
1 ,7 3 5,70 1
4 9 0 ,1 3 0
1 ,0 1 5 ,3 9 6
9 4 9 ,8 0 3
9 8 9 ,5 4 2
4 3 4 ,1 2 0
2 44 .00 2
1 9 3 ,9 9 0
1 5 9 ,9 6 5
2 ,0 2 1,62 1
1 32 ,95 9
7 1 7 ,6 7 5
1 86 ,91 7
9 8 .5 0 5
1 ,1 6 1,38 9
8 8 .9 25
L atest E a rn in g » R eported.
R o ad s.
Week o r M o
Col. A Cin. M id . 3 d w k M a y
Col. H o o k .V .A T . A p r i l..
Col. A R o m e ___ A pril. .
D a n b ’y A N orw k A p ril...........
D en v. A R io G r. 4 tn w k M a y
D en y. A R . G. W. A p r i l..
Dea. MO. A F t.D . 1 st w k A p r
D et.B a yC . A A lp . A p r il..........
D e t.L a n s ’g & N o, 3 d w k M ay
E .T enn. V a. A G a. 3 d w k M ay
E va n s. A ln d ’plls ith w k M a y
E va n sv. A T . H . 4 th w k M » y
F lin t A P . Mara. 3 d w k M ay
F la .R . A N a v .C o. 2d w k M ay
F t. W. A D en.C ity 3d w k M a y
G e o rg ia P a cific.. A prU .........
Gr. B a p . A I n d .. 3 d w k M ay
G ra n d T ru n k . . . W k M a y 14
G n .B a y W .A S t.P A p r il..........
G o lf C ol. A S. Fe. A p r il..........
H ou s.A T ex.C en t 3 d w k M a y
111.C ent. (111. ASo) A p r i l . . . . . .
C ed ar F. A M ln. A prU ..........
D u b.A S km x C A p r il..........
la . F a lls A 8. C. A p r il..........
T ot. Io w a lln e s A p r il..........
T o ta l aU Unes. A p r il..........
In d . B lo o m . A W. 3 d w k M ay
Ind. D eo. A Spr. A p r i l . . . . . .
J a ck . T . A K . W. A p r il..........
K . C .F t.S. A G u lf. 3 d w k M ay
K an. C. Sp. A M. 3 d w k M ay
K an. 0.C 1. A S p . 3d w k M ay
K eok u k A W est. A p r il..........
K in g sto n A Pern 3 w k s M ay
«L a k e E. A W est. 3 d w k M a y
L eh igh A Hudson A p ril..........
L. Rk. A Ft.Sm ith M arch........
L o n g Isla n d ........ 4 th w kM ay
L ou is.E v.A S t.L . 3 d w k M ay
L ouisv. A Nashv. 3 d w k M ay
L ou.N .A L A C hio. 3 d w k M ay
Louisv.N .O . A T . A p r il.........
M anhattan E l . . . A prU ..........
M a r.H ou gh .A O. 3 w ks M ay
M em phis AChas. 3 d w k M ay
’’ M exica n C ent’ i. 3 d w k M a y
*M ex.N . (N. D iv ) A p r i l ........
do
(S o.D iv) 3 d w k M ay
do
all lines A p r il..........
MU.L.8h. A W est. A thw kM ay
M ilw a u k ee A N o 3 d w k May
M rnneap. A S+-. L. M arch........
M inn. A N o. West. 3 d w k M ay
Miss. A T e n n . .. A p r il..........
M issouri P a cific. 3 d w k A p r
M obile A O h i o . . A p r il. . . . . .
Nash. Ch. A S t.L . A p r il..........
N .Y .C e n .A H .R .. A p r il.........
N. Y . C ity A N o W x M ay28
CN.Y. L . E . A W A prU .........
N .Y .P e n n .A O A p ril..........
N .Y . A N ew E n g A p rU .........
N .Y .O n t. A W ... 3 d w k M ay
N. Y . Bus. A W . A p r il..........
N o rfo lk A W est Ith w k M a y
N’th ea strn (S.O.j M a rch ........
N orth ern C ent’i. A p r il..........
N orthern P a cific 4 th w k M a y
O h io A M iss........ 2 d w k M ay
O h io S ou th ern . . A p r U ... ...
O regon Im p. Co. M a r c h .. ...
Oreg. R .A N . Co. A p r i l . . . . . .
P e n n s y lv a n ia .. A p ril..........
P eoria Dec. A E v Ith w k M a y
P hila. A E r ie ___ M arch........
tP hila. A R e a d ’g A p r il..........
C oal A Iro n Co A p r i l . . . . . .
P itts. A W est’rn A p r i l . . . . . .
P ’ rt R o y a l A A u g. M a rch ........
P ’r t R o y a l A W . C. M a rch ........
R ioh m ’d A D a n v. A p r il..........
V a.M idl’d D lv. A p r i i . . . . . .
Char. Col. < An. A p r ii..........
&
O o l.A G r .D lv .. A p r i l . . . . . .
W est.N o.C .D lv A p rU ..........
Wash. O. A W . . A p r il..........
R o m e W. A O g . M a rc h ........
St. Jo. A Gd. Is l. 4 th w k May
St. L. A lto n AT. H. 3 d w k May
B ra n ch es. . . . . 3 d w k M ay
St. L . A rk .A T e x . 3 d w k M ay
S t.L .A S an.F ran. 4 th w k M a y
S c. Parti A D uluth Ith w k M a y
SC.P.Min.A M an. A p r i l . . . . .
S cioto V a U e y ... M a r c h ....
S hen an doah V al. A p r i l ........
S outh C a ro lin a .. A p ril........
So. P a cific C o.—
G aL H ar.A S .A . M a r c h ....
L o u is’a W est. M a r c h ....
M orga n ’s LAT M a rc h ___
N. Y .T . A M e x . M a r c h ....
T e x . A N. O ct. M a r c h ....
A tla n ’o s y s t’ m M a r c h ....
Paoitto system M a r c h ....
T o t a l............. M a r c h ....
8 p a rt.U n .A C ol.. M a r c h ....
Staten Is.R a p .T r A p r il..
T e x a s A P a cific A p r il_____
T o l.A .A .A N .M ’b 3d w k M ay
T o l. A O h io Gent. 3 d w k M a y
U nion P a o ifio ... A p r i l ..........
V alley o f O h io .. A p ril..........
W a b ’sh, E .o f Miss 3 d w k A p r
W ab . W e ste rn ... 3 d w k M ay
iW est J e r s e y .... M a r c h .. ...
W1L C ol. A A u g . M a rch ........
W heeU ug A L .E . 3 d w k M a y
W iscon sin C ent’ i 3 d w k M a y
M in. SfcC.A W. 3 d w k M ay
W is. A M in n .. 3 d w k M a y
1887.
1886.
4 ,2 9 5
2 1 8 ,8T3
3,7 8 2
2 0,4 58
2 0 6 ,7 7 7
7 3 ,0 0 0
5 ,6 3 2
3 2 ,9 8 7
2 2,2 37
8 4 .4 9 9
4.4 65
17,6 94
5 1 ,6 9 0
1 9,1 45
1 6,3 03
8 5 ,3 7 6
4 2 .0 2 4
3 3 4 ,0 4 8
3 7 ,1 5 8
1 66 ,84 3
4 1 ,1 6 2
7 9 0 ,5 9 0
6 ,6 7 2
62,0 85
4 4 ,1 0 7
1 1 3 .7 6 4
9 0 4 ,3 5 4
5 4,7 77
2 3 ,8 8 7
4 0 ,7 7 2
4 8 ,0 5 0
4 1 ,3 1 6
3,181
2 1 ,7 1 2
10.4 99
3 5 ,6 6 8
2 1 ,6 2 4
6 7 .4 63
6 9,8 15
1 8 ,7 9 0
2 8 3 ,2 8 0
4 2 ,1 3 2
1 2 4 ,94 2
7 1 1 ,4 4 9
7 3 ,4 8 4
2 6 ,7 2 4
8 6 ,2 5 0
4 2 ,4 5 7
2 0 ,9 2 0
1 55 ,27 7
1 08 ,64 8
1 6,9 53
162 ,07 1
17,9 48
2 4 ,3 47
5 ,6 9 7
1 52 ,13 4
3 ,5 3 4
1 6.5 58
1 42 ,81 7
6 7 ,8 0 0
5,3 6 2
1 1,576
1 9,918
6 6 ,1 2 0
2 ,9 8 4
1 6 ,9 66
4 5.3 01
1 8 ,6 7 0
8 ,4 3 5
6 2 ,3 7 7
3 5 ,1 2 6
3 0 2 ,5 2 2
3 0 ,8 5 2
1 6 0 ,0 0 7
3 2 ,9 7 8
6 9 4 ,8 0 0
13,5 82
6 5 ,2 7 6
4 4 ,4 0 2
1 2 3 ,2 6 0
8 18 ,06 0
4 1 ,7 2 8
2 6 ,7 4 4
2 0 ,0 88
4 2 ,1 5 0
2 8 .3 0 2
4 ,0 2 4
1 9,6 98
7 ,9 3 2
2 7 .7 4 8
1 9,6 05
4 9 ,5 1 7
6 1.5 59
1 3,8 02
2 53 ,10 5
3 0 ,5 3 2
9 9 ,1 4 9
6 58 ,94 8
89,6 01
1 8,9 30
7 0 ,3 2 0
5 0 ,3 0 0
2 3 ,6 8 9
1 47 ,82 8
69,4 95
1 0,7 14
1 42 ,71 2
7,111
2 4 ,1 9 0
1 5 0 ,3 8 5
2 2 2 ,7 2 0
2 ,9 0 1 ,7 4 0
11,731
1 ,5 3 3,23 5
4 92,481
3 4 3 ,9 2 2
2 7,9 95
1 07,171
7 9,3 15
5 5 ,5 9 4
5 1 3 ,5 6 0
3 8 1 ,9 5 3
7 7 ,6 0 0
4 5 ,0 9 0
2 9 9 ,9 1 6
4 3 5 ,2 5 0
4 ,3 4 2 ,8 3 4
2 1 ,7 96
3 2 6 ,2 9 7
1,751,844
1 ,2 0 4,57 8
168 ,09 3
43,5 08
3 0 ,9 0 4
3 2 0 ,4 0 0
1 12 ,90 0
4 8 ,3 0 0
3 9 ,0 0 0
4 2 ,0 0 9
8 ,6 0 0
2 53 ,61 4
2 5 ,8 0 0
2 2 ,2 6 4
1 5 ,7 86
4 3 ,4 3 6
1 4 6 ,6 0 0
4 8 .3 74
6 8 6 ,6 5 7
6 7 ,1 11
6 5 ,0 8 8
7 4 ,7 9 1
1 4 9 ,7 7 2
1 7 2 ,8 1 2
2 ,3 6 3 ,5 4 4
1 0,7 25
1 ,4 1 8 ,7 0 3
4 7 4 ,4 9 0
3 1 4 ,5 0 4
2 4 ,9 8 9
8 7 ,3 1 5
4 8 ,1 6 0
6 0,0 09
4 1 1 ,3 9 7
3 2 3 ,2 8
6 8 ,7 7 0
3 4 ,0 1 8
1 8 6 ,0 2 9
4 0 7 ,9 7 3
3 ,8 6 2,61 7
16,61,6
2 9 0 ,6 4 0
1,3 5 9,31 5
1 ,0 9 3 ,6 0 5
1 24 ,73 3
4 6 ,4 6 7
2 3 ,6 17
3 2 0 ,7 9 7
1 1 8 ,9 0 0
5 3 ,8 6 2
4 1,0 03
4 0 ,6 8 3
8 ,4 0 0
1 52 ,82 7
2 7 ,7 0 4
2 6 ,6 0 9
1 1,615
2 4 ,4 7 2
1 2 6 ,8 4 8
3 5 ,8 9 3
6 1 6 ,7 5 6
5 8 ,7 2 9
5 3 ,6 5 4
7 1 ,8 0 9
1 7 5 ,5 8 4
2 5 2 ,3 5 3
4 5 ,6 3 7
6 6 .3 7 4
3 3 5 ,36 1
3 3 1 ,7 2 3
7 ,3 1 4
12,061
6 3 ,2 2 4
1 0 2 ,8 9 6
6 2 7 ,1 2 0
7 6 5 ,4 0 7
2 ,1 2 7,02 5 1,7 8 2,00 2
2,892,431 2 ,4 0 9 ,1 2 2
5 ,4 4 5
9 ,6 6 2
5 2,0 85
5 0 ,1 2 4
3 8 5 ,3 8 3
4 2 2 ,7 8 9
7 ,6 6 7
5 ,4 7 6
1 6 ,5 66
18,5 58
2 ,3 4 2 ,1 5 5 2 ,0 6 5 ,4 3 4
5 0 ,2 0 5
4 4 ,5 1 5
116,2*26
1 0 0 ,6 8 7
6 5,6 17
11,765
3 3 ,3 5 9
7,2 2 7
1 4 ,3 9 4
9 7 ,8 0 6
9 1 ,0 4 6
6 9 ,5 1 4
9 ,2 2 9
22,4 35
2 ,3 *8
2 ,2 8 6
Jan. 1 to L atest Date.
1886.
1887.
S
1 1 5 ,5 3 5
8 4 8 ,9 3 4
2 5 ,3 7 0
6 6 ,0 9 9
2 ,9 0 2 ,3 8 8
2 9 9 ,8 2 2
8 4 ,8 1 8
1 23 ,23 5
4 0 6 ,6 0 5
1 ,8 3 0 ,3 1 7
9 0 ,5 9 0
3 2 2 ,3 8 6
9 6 1 ,5 8 6
4 0 8 ,7 3 2
97,871
649,592
22,313
62,144
2,324,550
279,258
87,191
47,543
419,76«
1,490,02«
54,497
263,427
848,942
365,661
251,054
3*48,4*5*5
677,i n
8 2 1 ,9 0 9
6 ,0 1 5 ,5 1 2 5,504,153
99,425
1 4 3 ,3 4 7
596,927
7 3 1 ,7 6 5
888,810
877 ,65 1
3 ,5 4 0 ,9 4 1 3,156,111
51,112
3 2 ,6 5 7
267,576
2 4 9 ,7 3 4
177,606
1 9 7 ,0 1 7
496,293
4 7 9 ,4 0 8
4 ,0 2 0 ,3 4 8 3,652,405
878,775
9 4 6 ,3 2 8
122,826
1 3 3 ,1 0 4
92,325
2 0 9 ,2 2 4
920,748
1 ,0 2 1 ,5 4 7
529,003
7 5 5 ,3 0 5
80,500
9 5 ,3 5 5
85,672
9 6,5 74
569,622
690.0*73
70,065
8 2 ,1 3 0
141,149
1 88 ,01 9
926,966
1 ,0 0 5 ,1 4 4
292,992
3 5 9 ,3 2 0
5 ,7 4 3,91 1 4,924,502
601,292 *
7 70 ,71 9
526,147
690 ,08 7
2 .6 4 9 .2 5 4 2,392,178
199,539
2 10 ,67 3
495,253
6 1 1 ,6 4 3
1 .8 3 2.25 5 1,471,257
184,862
1 6 8 ,4 0 7
387,505
4 4 2 ,6 6 5
544,417
5 8 2 ,6 5 6
706,637
1,077,561
228,377
3 4 1 ,2 6 7
337,099
3 8 3 ,2 8
120,303
3 54 ,24 1
133,922
1 4 8 ,7 9 4
9 ,4 7 1 ,7 6 9 6,487,905
667,326
7 7 6 ,3 6 4
730,333
9 6 0 ,0 0 8
1 0 ,9 91 ,0 9 1 9,705,745
198,823
2 1 3 ,4 7 8
5 .9 7 2 .7 3 3 5,385,240
1 ,9 2 3 ,5 9 3 1,812,392
1 ,3 1 3 ,1 3 5 1,173,194
426,346
4 9 2 ,7 1 5
332,526
4 0 2 ,6 4 6
1 ,5 1 8,38 7 1,193,986
178,306
1 68 ,25 1
2 ,0 3 1 ,5 1 9 1,702,628
4 .2 6 8 .7 3 3 3,909,901
1 ,4 4 3 ,0 4 4 1,265,543
161,733
1 9 5 ,9 5 0
565,435
7 95 ,85 7
1 ,4 0 7 ,4 5 2 1,369,233
1 6 ,5 9 3 ,8 2 6 14,735,483
280,447
3 5 0 ,4 1 0
742,496
8 4 3 ,8 4 9
6 ,6 0 0 ,5 0 5 5,398,617
4 ,6 4 3 ,9 2 8 3,816,117
410,320
6 1 1 ,0 9 9
105,490
1 10 ,51 4
1 ,3 8 2 ,4 9 0
4 4 8 ,3 3 9
2 7 0 ,3 0 6
2 1 6 ,4 5 6
1 8 3 ,0 8 6
3 1 ,6 0 0
6 3 8 ,9 7 2
4 5 5 ,6 8 8
5 1 9 ,1 7 9
3 3 0 ,4 5 3
7 7 0 ,6 4 1
2 ,2 1 8 ,0 4 3
5 1 0 ,5 5 9
2 ,2 6 0 ,5 1 9
1 78,101
2 5 0 ,7 8 9
4 0 1 ,5 9 0
1,338,351
6 9 8 ,2 4 0
1 8 1 ,3 6 4
9 9 7 ,9 5 4
3 1,8 79
2 6 6 .9 8 6
2 ,1 7 6 ,4 2 5
5 ,2 2 6 ,4 3 1
7 ,4 0 2 ,8 5 5
2 0 ,5 5 0
1 7 7 ,4 8 6
1 ,9 2 6 ,9 9 0
1 74 ,80 7
5 65 ,29 8
8 ,3 2 6 ,7 8 7
1 96 ,23 3
1.8 0 1,36 1
2 ,2 2 4 ,7 9 6
255 ,08 5
2 05 ,05 4
2 64.987
735 ,77 0
176 ,44 3
3 * 0 ,8 1 9
578,750
142.039
1,063,468
29,104
215,289
2,028,650
4.845,089
4 3 2 ,3 3 1
284,442
253,261
163,170
27,100
395,088
458,907
441,915
254,595
569,108
1,626,997
422,491
2,034,362
153,869
186,158
400,175
6 ,8 7 3 ,7 3 9
26,895
161.044
1,645,985
119.040
265.045
6,955,437
164,932
1,773,510
2,027,526
223,566
194,352
201,336
532,375
77,988
65,180
a I n clu d in g sin ce F eb . 1st in b o th yea rs the In d . P e ru & Chlo.
t N ot in clu d in g C entral o f N ew J e rse y in eith er y e a r.
e N o t in clu d in g earnings o f N ew Y o r k P en n sy lv a n ia A Ohio,
t In clu d in g B ra n ch es.
» M e x ic a n cu rre n c y .
706
THE
GENERAL
C H R O N IC LE
Q U O T A TIO N S.
LV o l .
STOCKS A N D
x l t v
.
BONDS.
! e o n s ., ”
Q u ota tion s in N e w Y o r k a re t o T h u r s d a y ; fr o m o th e r citie s , t o la te m a il d a tes.
U n it e d St a t e s B o n d s .
B id .
A sk .
A
4
J
J
109%
109 s*
128%
129%
J
j
J
J
J
4% s, 1891.
4 s , 1 9 0 7 ...
123% . . . . . .
126% . . . . . .
129
132
134
109%
109%
128 %
129%
S T A T E S E C U R IT IE S .
A la b a m a —Class “ A ,” 3 t o 5 ,1 9 0 6 . . - 108% 109
Class “ B ,” 5 s, 1 9 0 6 ...............
. 112% 115
C lass “ C ,” 4s, 1 9 0 6 .............
. 103
105
J 104
108
11
14
1 30
3 22
3 30
31
7 s , M iss. O. & B . R iv .
) 30
) 10
15
J
4
8
C a liforn ia —6s, fu n d e d d e b t o f 1873
C o n n ecticu t—
N ew , re g ., 3 % s ,1 9 0 4 ............... J & J * 103
N ew , reg. o r coü p ., 3 s, 191 0
100
D is trict o f C olu m b ia —
132%
L 122
Cons. 3-65s, 1924, reg.
122
122%
115% 116
1 111
112
t 115
t 112%
127
M a rk et sto c k , 7s, 1 8 9 2 .
116
W a ter stock , 7 s, 1 9 0 1 ..
131
do
7s, 1 9 0 3 ...
133
t 112
115
G eo rgia-7s, gold bonds, 1890.
1 108
109
105
107
120
100
S ta m p ed 4 p e r oen t.
88% 89
51
55
100% 101
105% 106
M a ry la n d 100
100%
101
105
107%
107
108
112% 112%
OB, g oia , j
i 116% 117
M ich ig a n —
107
1 02 % 102%
103%
115
106%
_____
112
107
108
W a r loa n , 6s, 1 8 9 2 -1 8 9 4 ....... J & J 110% 113
W a r loa n , 6s, 1 9 0 1 -1 9 0 5 ___
127
130
N ew J e rs e y —6s, 1 8 9 7 -1 9 0 2 ...
125
132
121
125
[ 1C2%
102%
112
115
6 s, gold ,
118
N o.O arolin
35
6 s N. C.
1 70
6s
do
140
12
22
10
14
100
124% 125
117
1 22
R h o d e I s l’d —6s, 1 8 9 3 -4 , c o u p .. J & j 1 1 6 *.
S outh C arolina—6s, N o n -fu n d .,188 8
6
7%
B ro w n c o n s o ls ........................ ........... 108% 110%
T ennessee—6s, u n fu n d e d ...........I ” !!
63
65
72
71*
S ettlem en t, 6s, 1 9 1 3 ___
103% 107%
S ettlem en t, 5s, 1 9 1 3 ........
102% 105
S ettlem en t, 3s, 1 9 1 3 ...'.'.........
74
76
T e x a s—6s, 1 8 9 2 ............................ii& s i 110
7 s, g o ld , 1 8 9 2 -1 9 1 0 ..................M&SI 115
7 s, g o ld , 1 9 0 4 .............................. j & j ) 130
107% IÖ9
48
6s, n e w b on d s, 1 8 8 6 -1 8 9 5 " .' J & J 48
6s, con sols, 190 5 . e x -c o u p ........J& J
55
6s, c o n so l., 2 d s e rie s ................... J& J 65
6 s, d eferred b o n d s ............................... 10
11%
Tax-receivable c o u p s ., fro m co n s ’is 35
40
_
fro m 10-40s. 3 0
34
J im d in g b on d s, 3s, 1 9 3 2 ..........J& J 6 4 % 6 5 %
10-40s, cp . & reg ., 3 t o 5 ,1 9 1 9 .J& J 35
40
C IT S S E C U R IT IE S .
N. Y .—6 s ,lo n g ....V a r io u s ! 120
7 b lo n g ................................................... . 140
A lle g h e n y , P a .-^ 5 s,cp ., ’ 8 7 -9 7 JiVar. 1 00
106
4 % s, cou p ., 1 8 8 5 -1 9 0 1 ..............V ar. 1 00
L05
. V ar. 105
4 s, c o u p ., 1 9 0 1 ................ .
A lle g h e n y C o., 5 s, op ., 1 9 i3 .J & J § 102
103
4 s, r io t loa n , 5 -1 0 s ............
100
LOI
4 s r io t loa n , 1 0 - 2 0 s ......................... ' 100
LOI
5 s,
do
1 0 -2 0 s ......................... ' 102
L03
4 s, refu n d ed . 5-20s. 1 8 9 1 - 1 9 0 6 .... 103
104
Atlanta, G a.—7 s .................
115
119
D o . 8 s....................... ..........
112
Waterworks............. ", ’ *"* ........ 114
A u g u sta , M e.— 6s, 1 90 5 , F u n d ?’ J& J) 121
122
A u gu sta , G a—7 s . . . . . . . . . . . . .V a riou s 108
C i t y S e c u r it ie s .
B id .
F a ll R iv e r, M ass.—6 s, 1 9 0 4 .. .F & A t
_F& A t
5s. 1 9 0 9 .......................... ......... _.FA A *
F itch b u rg , M ass.—6s. ’ 9 1 .W .L .. J& Jf
G a lveston , T e x .—8 s,1 89 3 -1 90 9 . M&S
5s, 1 9 2 0 .................................... ...J & D
H a rtfo rd , C t.—C ity 6s, v a r. d a te s ..t
C a p itol, u n ta x , 6 s ............... ..........1
H a rtfo rd T o w n 4 % s, u n ta x ........... t
H a v erh ill, M ass.—6s, 1 8 8 9 .. A&O l
H ob ok en , N . J .—5s, l o n g ___
H ouston7 T e x .—1 0 s ................................
6s, fu n d e d ........................ ...................
In d ia n a n olis.In d.—7 -3 0 s.’ 93-9. .T&.T1
J ersey C ity—6s, w a te r, lon g , 1 8 9 5 ..
...J & J
7s, im p r o v e m e n t, 1 89 1 -’ 94. ...V a r .
7s, B erg en , lo n g ..................... ...J & J
H ud son C ounty 5s, 1 9 0 5 ... .M &S
H u d son C ou n ty, 6s, 1 9 0 5 .. ...J & J
H u d son C ou n ty 7 s, 1 8 9 4 ... ..J & D
B a y o n n e C ity , 7 s, l o n g .. . . . ...J & J
L a w ren ce, M ass.— 6s, 1 5 9 4 ... A & O t
6 s, 1 9 0 0 .....................................
L ou isville, K y .—7s, lo n g d a te s . Var.i
7 s, s h o rt d a te s ........................
6si s h o r t ....................................
5s, 1 8 9 0 -1 9 0 0 ............. . . . . . ..M & N
L o w e ll, M ass.—6 s, 1 8 9 0 , W . L .M & N i
.J & J
8 s ................................................. . J & J
L y n n , M ass.—6 s, 1 8 8 7 . . ........ .F & A t
...J & J
...J & J
5 s, 1 9 0 5 . .......................
M a con . G a .—7 s ...........................
129
130
108
109
117% 119
107% 108
103
101
94
98
104
114
1 24
125
104
101
104
104%
113
115
116
119
1 22
124
..........
45
.........
45
110
107
109
1 20
125
113
108
120
118
117
118
126
114
116
112
114
115
124% 125%
102%
124
123
104
112
109
108
101
10 2%
104
105
107% 107%
110
125
100 % 100%
114
115
119
118
118 % 119
110 1111
»P rice n o m in a l; n o la te tra n sa ction s, t P u rch a se r also p a y s a o o r u e d in te r e 3 t.H f I11 L o n d o n .
A sk.
A u stin , T e x a s — 1 0 s ................
115
1 20
B altim ore—6 s. c o n s o l., 1 8 9 0 .. Q —J 106% 107%
6s, B a lt. & O. lo a n , 1 8 9 0 .. . . . Q—J 107
6s, P a rk , 1 8 9 0 ...................... .. Q—M 107
6sj b o u n ty , 1 8 9 3 . . . . . .......... ..M & S 112%
M A H 112 15
?
j &j 111
.TAJ
129
6s, 1 9 0 0 ......................
RHj W est. M d. R R ., 1 9<V?
J<W
129
5 s, 1 9 1 6 ___ ______
.".’.M &N 132%
4 s. 1 9 2 0 ___________________
.TAJ 112 ’
B an gor, M e.—6 s .R R .,l8 9 0 - ’94.Var.1 107
111
6s, w a te r, 1 9 0 5 ..................... .. .J & J 124% 125
6 s, E .& N .A . R a ilro a d , 1 8 9 4 ..J&Ji 111
113
6 s, B . & P isca ta q u is R R .,’ 9 9 .A & 0 116
118
102
B ath , M e.—6 s ,r a ilr o a d a i d .. ...V a r l 100
101% 103
5 s, 1 8 9 7 , m u n icip a l.............
106
B e lfa s t, M e.—6s, ra ilro a d a id , ’ 9 8 .. 1 105
B os ton, M ass.—6s, our, lo n g ,1 90 5 V ari 131% 133
115%
6s, c u rre n c y , 1 8 9 4 ............. .. .V a r . 115
119
119%
4 % s, 1 9 0 8 ................................ ...A & O 114 % 115
107%
4 s, cu rre n c y , lo n g ............... ....J & J 107
115
1 16
6s, W ater, 1 8 9 1 ...................
112
114
6s. W a ter. 1 8 9 9 .............
129
130
6s. P a rk . 1 9 2 4 ____________________ 147
149
7 s, P a rk , 1 9 1 5 .......................
1 60
155
7s, B rid g e , 1 9 0 2 ....................
142
140
7s, B rid ge , 1 9 2 0 ....................
160
155
7 s, K in g s C o., 1 8 8 8 .............
109
108
Buttalo, N. Y .—7 8 ,1 8 9 5 .......... ..V a r .t 114
...V a r .t 135
6s, P a rk , i9 2 6 ~ __ ____ ____ .M & S i 115
C am brid ge, M ass.—5s, 1 8 8 9 . .. A&OI 101% 102%
...J & J 115
115%
...J & J 119
119%
6s! 19041 c it v b o n d s ______ _.TAJ * 131% 132 '
C harleston, S.Ö.— 6 s ,s t’k ,’ 7 6 -9 8 ..Q -J 9 0
92
7s, fire lo a n b o n d s, 1 8 9 0 .. . J & J
20
7 s. n on -ta x b o n d s .................
107
4 s, n o n -ta x a b le .................................... 9 0
C helsea, M ass.—6s, 1897,w a te r loani 12 0
12Ï
C h ica go, 111.—7s, 1 8 9 2 -9 9 . . .
6s, 1 8 9 5 ...................................
113
4 % s. 1 9 0 0 ............. : ..........
107
3 -65 s, 1 9 0 2 ............................................ 100
C ook Co. 7s, 1 8 9 2 .......................
115
C ook Co. 5s, 1 8 9 9 ................................ 107
C ook Co. 4 % s, 1 9 0 0 ............................ 105^4 106
W est C h ica go 5s, 1 8 9 0 ................... 102
L in co ln P a rk 7 s, 1 8 9 5 ...................... 105
W e st P a rk 7 s. 1 8 9 0 ..........................
109%
South P a rk 6s, 1 8 9 9 ............
107 "
105
_____
C in cin n a ti. O .—6s. 1 8 9 7 ____ .M AN I 116
7 -30 «. 1 9 0 2 _____________
1
I 3 4 I4
4 s ...............................................
10 0 % 102%
..J & J t
122%
do
6 s, g .,1 9 0 6 ___ TVTAWf 122
do
Cur.“ 6s, 1 9 0 9 .. .F & A t 123
124
do
S kg. fd . 5s, 1910M & N t 114
114%
H a m ilton C o., 4 s ...................
105
1 03
C levelan d,O .—7s, 1 8 8 7 ...........
101%
101
7s. 189 4 , fu n d e d d e b t ........ ..A & O 118% 119
7s, 1 89 6 , ca n a l......................
122% 123%
6s, 1 8 9 8 ...................................
118% 119
5s, 1 8 8 7 -8 9 ..........
101
C olum bus, G a.—7 s .................
HO**
5 s ..........1 ..................................
103% 105
C ovin g ton . K y .—7 -30 s, lo n g
114% 116
W a ter W orks. 1 8 9 0 ..___ ~
110%
109
4 s, 1 9 3 7 , n e w ...................................... i 103% 104
D a llas, T ex a s—8s, 1 9 0 4 ...................... 1 10
1 0s, 1 8 9 3 - 9 6 . . . . . .............................. 110
115
W ater. 6s. 1 9 0 0 ________ ___________ 100
103
D e tro it,' M ich .—7 s, lon g .-.. . . . .V ar.t 120
7 s. w a ter, l o n e r .___ _______ . .V ar.t 125
_____
E liza beth , N . J .—N ew 4s, 1 9 1 2 . J& J 78
80
C i t y S e c u r it ie s .
B id .
A sk .
1 113% 1 15
r 127
129
4 s, 1 9 U ..................................... ............. 103% 104 %
M em p his,T en.—T a x .D ist. S h e lb y C o . 100
,
102
M ilw aukee, W is.—5 s, 1 8 9 1 .. . J & D 1 1 00
7 s, 1 8 9 6 -1 9 0 1 .............................V ar. t 107
1 1 09
s 197% i ö o
1 110
1 130
136%
t 104
105 %
75
76
r 78
80
100
. 95
5s, new............................. .
. 100
Nashville,Tenn.—6s, short...
. 106
6s, long..................................
104
106
Newark—4s, lo n g ...................
. 105
1 07
4%s, l o n g ............................
. n o
111
5s, lo n g . . .. . . . ........ . . . . . . .
i
6s, lo n g ...................................Var.t 117 120
7s, long....................... ............Var. 1 123 125
7s, water, long....................... Var. j 125 127
t
New Bedford,Mass.—6s, 1909.A&Of 135 138
)
5s, 1900, Water Loan............ A.&0 114 115
N. Brunswick, N. J.—7s, various 1 103
98
6s.................................................
New Orleans, La.—Premium bonds . 124% 124%
. 107
Consolidated 6s, 1892.............Var.
Newport, Ky.—Water bonds 7-30s.. 111 113
128
130
New York City—5s, 1908.......
125
1 27
6s, 1896 ................................
132
134
6s, 19 0 1 ................................
114
1 15
7s, 1890............................... .
131
132
7s, 18 9 6 ................................ .
142% 1 4 7
7s, 19 0 1 ................................
Newton—6s, 1905, water loan.. J&J 132% 133
5s, 1905, water loan.................J&J 119% 120
Norfolk,Va.—6s,reg.stk,’78-85. .J&J 100 106
r#tf
8s, coup., 1890-93.................. Var. 115
n*
8s, water, 1901......................M&N 125 - TTW
Norwich, Ct.—5 b, 1907.............A&Ot 118 120
7s, 1905....................................J.&J 142 144
1 20
115
100
127
125
122
120
6s, l o n g ...
112
5s, l o n g ...
109
111
4 % s, lo n g .
106
104
4 s, l o n g ...
110
112
-J& J 118
8s................................
120
125
8 s, s p e d a i t a x ...................
125
P hilad elp h ia, P a .—6s, 188 6 -’ 99 J&J 122
6s, n e w ,r e g .,d u e 1 9 0 0 & o v e r . J& J 138% 138 %
106
’ ittsbu rg, P a .—4 s, c o u p ., 1 9 1 3 .J& J. 105
118
5 s, re g . a n d co u p ., 1 9 1 3 ......... J & J . 117
6 s, g o ld , r e g .................................Var. 1 20
7s, w a ter, reg.& c p .,’ 9 3 - 9 8 .. . A & O . 128
113
115
5s, R efu n d ed , 1 9 1 2 ........
108
110
4s,
do
1 9 1 5 .......
111
113
126
6s, ra ilro a d a id , 1 9 0 7 . . . . . . . M & S 124
HI
110
116 %
P ro v id e n ce , R .I .—5 s, g .,1 9 0 0 ... J& J Ï 1 6
128
6 s, g o ld , 1 9 0 0 , w a te r l o a n ..J & J+ 127
34
36
ah w a y , N, J .—O ld 7 s ...............
72
74
N e w a d ju stm e n t.......................
R ich m on d , V a .—6 s, 1 8 8 4 -1 9 1 4 . J& J 118%
8s, 1 8 8 6 -1 9 0 9 ...............................J& J 133%
[106
5 s, 1 9 1 4 -1 5 .................................. J& JI106
1102%
4 s ............................................................. |102%
112%
R och ester, N .Y .—6 s ................. .
143
7 s , w a te r, 1 9 0 3 ................ . . . J & Jt|143
I100
101
R o ck la n d , M e.—6s, ’ 8 9 -9 9 , R R . .F & A j 100
8t. J o se p h , M o.—C om p’m ise 4s, 1901 90
100%
100
110
6s, 1 8 9 2 ...........................
V a r.t I10 9
109
110
5s, l o n g . . .......................................V a r.t 109
5s, 1 0 -2 0 .........................................V ar.t1102% 103%
102%
103%
103
4s, 1 9 0 5 .......................................J& D .t
124 %
St. L . Co.— 6s, go ld , 1 9 0 5 .......A&Ot, 124 % 125%
C u rren cy , 7 s, 1 8 8 7 - 8 8 ___ V ar. 1102% 103
¡ 9 6 % 1 00
104%
10 J
4 % s, 1 9 1 6 ............................................ t 103
110% 112
5s. 1 9 1 5 ............................................................. t110%
105
100
6s, 1 8 8 9 ......................
t|
100
7s, 1 8 8 8 ............................................ .. t lOO 1 06
128
8s, 1 9 0 4 ................................................. t 1 26
128
a lem , M ass.—6s, lo n g , W . L .A & O I. 126
119
5s, 1 9 0 4 , W . L .............................J & J t 118
5 s, 1 9 0 5 ..................................... A&Ot
p rin g fle ld , M ass.—6s, 1 9 0 5 ..A & O i
7 s, 1 9 0 3 , w a te r lo a n ...............A & O f
'oled o, 0 .- 7 - 3 0 8 , R R ., 1 9 0 0 .M & N )
8s, 1 8 9 3 -9 4 ................................ V ar. f
103-%
108
116 %
1 30
139
122
120%
111
5 s , 1 9 0 5 .........................................A& O 119
4s, 1 9 0 5 ........................................ A& O 106
R A IL R O A D BON DS.
B on d s o f com p a n ies co n so lid ’ ted will
be f o u n d u n d e r the co n so l’d n am e.)
Ala. G t. S outhern— 1 st m o rt., 1 9 0 8 } 113
D eb en tu re s crip , 6s, go ld , 1 9 0 6 . . } ¡106
106
65
2d d eb en t. 6s, 1 9 0 7 .........
.. .} 60
d b ’y & Susq.—1 st M ., 7 s, ’ 8 8 . . . J&J 105
C onsol, m o rt., 7s, 1 9 0 6 ,gu ar .A & O
C onsol, m o rt., 6 s ,1906, g u a r .A & O 119
Lllegh. V a l.—G en. M ., 7 3 - l O s .. J&J
E ast, e x te n . M ., 7 s, 1 9 1 0 ___ A&O 110
In co m e , 7s, en d ., 1 8 9 4 ........... A&O 19
itch . T o p . & S . F e—1 st,7s, ’ 99 J&Jt 123%
L and g r a n t, 7 s, g ., 1 9 0 2 ____A&O* 120
S in king fu n d , 6s, 1 9 1 1 ........... J& D * 109%
105
110
118
132
141
1 24
121
111 %
1 20
107
115
108
70
65
1 40
120%
119%
22
121
120 %
LIO
§ P a rt b e in g red eem ed . }[ C ou p on s o n s in ce ’ 69*
d flC
UE
THE
J unk 4, 1887.]
C H R O N IC LE.
707
GENERAL
Q U O T A TIO N S OF STOCKS A N D BON D S — C o n tin u ed .
F or E xplan ation s See Notes at H ead o f F irst Page o f Q u otation s.
R a il r o a d
bo n d s.
Bid.
Ateh. Top. & S. Fe—(Continued)—
Guaranteed 7s, 1909 . JAJAAAO tl22
5s. 1909 (1st mort.)............. AAO tl01%
5s, plain bonds, 1 9 2 0 ........MAS t 96%
4%s, 1920..............................AAO t 99%
Florence A El Dor’do, lst.7s. A A O t l l 2
126
K .C .T op eba A W ., 1st M.,7s,g.JAJ tl24
U15 117
do
income 7s *
tI24% 125
Pueblo A Ark. V., 1st, 7s, g.,1903 1123% 123%
Bonora, 1st, 7s, 1910, guar.. JAJ 108% 108%
WiohitaAS.W.,lst,7s,g.,gua..l902 t l l6 119
Atlanta A Charlotte Air L.—1st,7s 124 126
Income, 6s............................ ........ 103% 104%
Atlantic A Pac.— 4s, 1937..JAJ 87% 88
1st
W. D. Incomes, 1 9 1 0 ........JAJ 36% 36%
Central Division, old, 6 s........... .
95
do
new 6s. . . . . .. . J
33
do
incomes, 1922.
30
do
acc. Id. gr. 6s. 1901
103
Baltimore A Ohio—
New 4S....AAO
5s gold, 1925.........................FAA 111% 112%
110 110%
E ast Side 5s, 1925...............
Sterling, 5s, 1927.................. JAD Ì112 114
113
Sterling, 6s, 1895.................. MAS m i
Sterling mort., 6s, g., 1902..MAS 1120 122
1124 126
ao
6s, g., 1910. MAN
Parkersburg Br., 6s, 1919... AAO 125 126
B alt. A P o t’ o—1 st, 6 s, g ., 1 9 1 1 . J A J 123%
1 st, tu n n el, 6 s. g ., g ’d , 1 9 1 1 . A A O 123
B eecn C reek—1 st,g* la, 4 s ,1936, J A J
80
90
B e ll’s G a p —1st, 7S, 1 8 9 3 ..........J A J
C onsol. 6s, 1 9 1 3 . . . . . . . . ........A A O
B elv id ere D el.—ls t,6 s ,o .,1 9 0 2 .J A l)
C ons. 4s, 1 9 2 7 .........
FAA
B oston A A lb a n y —7 s, 1 8 9 2 ...F A A
6 s, 1 8 9 5 .........................................J A J
B ost. C one. A M on.—S .F ., 6 s,’ 89. JAJ
C onsol, m o rt., 7s, 1 8 9 3 ... . . . A A O
C onsol, m ort., 6s, 1 89 3 ..........A A O
B ost. H a rt.A E .—1st, 7s 1 9 0 0 .JA J
1st m ort., 7 s, gu a r....... . . ... J A J
B ost.H .T u n .A W . deb. 5s, 1913 M AS
B oston A L o w e ll— 7 s, ’ 9 2 ..........A A O
6s, 1 8 9 6 ........................................ J A J
5s, 1 8 9 9 ........................................J A J
4s, 1 9 0 5 ....................................... MAS
4 % s, 1 9 0 3 ..................................M A N
B oston A M aine—7 s, 1 8 9 3 ....... J A J
7 s, 1 9 9 4 ........................................ J A J
B ost. A P ro v id e n ce —7 s, 1 8 9 3 . J A J
B ost. A R e v e re B ’ h—1 st,6 s,’9 7 . J A J
B ra d fo rd B ord . A K .— 1st, 6s, 1932
B ra d f.B ld .A Cuba—ls t,6 s ,1 9 3 2 J A J
B ro o k ly n E le.— 1st, 6s, 1 9 2 3 ..A A O
2 d m ortg. 3-5s, 1 9 1 5 ............... J A J
Butt. Brad. A P .—G en .M .7s,’ 96. J A J
B u it.N .Y .A E rle—1 st, 7s, 191 6 . J A D
B u fl.N .Y .A P h .—ls t ,6 s ,g .,1 9 2 l.J A J
P itts. T itu sv .A B .—7 s,1 8 9 6 F A A
O il C reek, 1 st M ., 6s, 1 9 1 2 . A A O
U nion A Titu sv., 1st, 7 s,’90. J A J
W arren A F r’k ln ,ls t ,7 s ,’ 9 6 F A A
B u fi.A Sou th w est.—6s, 1 9 0 8 .. J .A J
B u r. C. R . A N .—lst,5 s ,n e w ,’0 6 . J A D
C o n s .lst A c o l. tr., 5 s ,1 9 3 4 ..A A O
M inn. A St. L ., 1st. 7s, gu ar. J A D
I o w a C. A W-, 1st, 7s, 1 9 0 9 .MAS
C. R a p .L F .A N ., 1st,6 s,1 9 2 0 .A A O
do
1st, 5s, 1 9 2 1 ___ A A O
C alifor. P a c .—1 st M ., 7 s, g .,’8 7 . JA J
2 d M ., 6s, g ., en d C. P a c., ’ 91 .JA J
3 d M. (guar. C. P .), 6s, 1 9 0 5 . J A J
do
do
3s, 1 9 0 5 .J A J
Cal. So.—1 st 6s (A tch . g u a r .)..J A J
In com e 6s, 1 9 2 6 .......................M AS
C am den A A tl.—1 st, 7 s, g . ,’ 9 3 ..J A J
2 d m ort., 6s, 1 9 0 4 ....................A A O
Cons. 6s, 1 9 1 1 ............................ J A J
C an ad a So.—I s tM .,g u a r .,190 8 ,J A J
2 d m ort., 5s, 1 9 1 3 ................... MAS
C ape Fear A Y a d .V a l.,ls t ,6 s ,1 9 1 6 ..
C arolin a C ent.— 1st,6 s ,g .,1920. J A J
2d, in e., 6s, 1 9 1 5 ..................... A A O
3d , in o., 6s, 1 9 1 0 ...............................
C ataw issa—M ort., 7 s, 1 9 0 0 .. .F A A
C edar F . A M in.—1st, 7 s, 1 9 0 7 . J A J
C edar R . A M o.—1st, 7s, ’ 9 1 . . .F A A
1 st m ort., 7 s, 1 9 1 6 . . . . ..........M A N
2 d m ort., 7s, 190 9 , q u a r........J A D
C ent. Br. U. P a c., ls t s , 6 s ,’ 9 5 .MAN
F un d , cou p on 7 s, 1895 ........M A N
A tch . A P ik e ’s P J , 1st. 6s, g. MAN
k
A tc h . Col. A P a c .,ls t,6 s ,1 9 0 5 Q .—F
A toh .J .C o.A W .,lst,6 s,1 9 0 5 .Q ,—F
C ent, o f G a.—1st, co n s ., 7 s ,’9 3 .J A J
C ent. Io w a —N ew 1st., 7s , ’9 9 .JA J
In o. bon d s,“ d eb t certs.” , 7 s,A A O
E astern D iv ., 1st, 6s, 1 9 1 2 ..A A O
Ills. D iv .. 1st, 6s, 1 9 1 2 ..........A A O
C e n t.R fi.o f N .J.—1st, 7s, 1 89 0 F A A
v s, co n v , 1902, assen ted___ M AN
C onsol. M .,7 s,1899, a ssen ted .© —J
A d ju stm en t b ond s, 7 s, 1903M A N
C onv. deben. 6s, 1 9 0 8 . . . . . M AN
A m . D k .A Im p . C o., 5 s ,1 9 2 i.J A J
L eh .A W ilkesb .C oal,in c.,’88,M A N
C oasol., 7 s,g o ld ,1 9 0 0 ,ass’ d. Q-M
Ohio—1st M .. 6s, 1 8 9 0 ..MAS
nJi' ^ a o-—fa t, 6s, gold , 1895 .J A J
i « ’ I s’ « old * 1 8 9 6 .....................J A J
1st, 6s, gold , 1 8 9 7 .. .................J A J
69’ Sold , 1 8 9 8 .....................J A J
B. J oaqu in , ls t M .,6 s ,g .l9 0 0 .A A O
Cal. A O regon , 1st, 6s, g . ,’ 8 8 .JA J
a , « “ ®« T se” es B * 8s, 1892
.
Cal. A Or. C .P .b on d s, 6 s,g .,’ 9 2 JA J
I ^ n d g ra n t M ., 6s, g., 1 8 9 0 .A A O
m io 6?,!- P a c if., 1 st, 6 s, g ., ’ 9 9 . .J A J
t e Col.& A .—C ous.,7s,’9 5.J A J
2 d m ort., 7s, 1 9 1 0 ...................A A O
C heraw A DarL—1st M .,8s,’ 8 8.A A O
2 d m ort., 7 s ..
118
103
1113%
t l l4
tl01%
H 12
tl06
99%
t l l3
tll4 %
tl09%
103
107%
tll6
118%
tl 16
tll8 %
50
R a il r o a d B o n d s .
A sk.
103%
114
115
102
112%
106%
T oó
Ft ill
L 106%
L ..........
3 114
) ..........
i 1175
ï ..........
r 25
95
6s. 1911................................ AAO
r 116%
r t i2 3
* 123
2 106
, 122 %
r 122%
do
i 117
) .........
do
r ..........
do 2d M. (360), 78,
• ..........
do
85
30
..........
: t l0 2 %
110 %
107
i 111
'
98
4s, 1919,
do
97
4s, Denver Div.,
1 92
4s, plain bonds,
tll5 %
Bor. A Mo. R., i
t . ........
do
Cor
t l2 0
Bur. A Mo.(Neb.)
t l0 8 %
do Cons,
t 93
do 4s, (N
i 1114
do Neb.I
t !2 1 %
do Om.A
108%
106
t l2 9 %
t l0 8 %
t l2 8 %
105
Ohio. Burl. A Nor.—5s, 1926.
106
24
101%
Chic. Kan. A West’n.—
73
Iuoome 6s..................
1 17 %
Chic. A East HI.—1st m
113%
115
110%
104
109
Income bonds, 1907.
116%
119
116%
120
Ohio. A Mioh. L. S. 1st 8s, 1889...
Chio. Mil. A St. Palli
108% 109
84% 85%
103
134%
40
50
45
108
90
107
35
108
do
Chic. A Mil.
1st M.
......... 100%
140
. . . . . . 107
100
107
10z
B id .
Cheshire—6s. 1896-98
do
115
107
74
2 6%
96%
125
125
119
120
135
103
111
108
112
99
98
92%
116
121
109
94
115
122
109
107
130
108%
129
106
109%
1Ö2
7 3%
118
130% 131
123
129%
1 2 2 % 125
126
125
127
127
128
130
130%
1 30
117
105%
118 %
123
108%
R a il r o a d B o n d s .
Bid. A sk .
111% Cin. A Indiauap., 1st., 7s, ’92..JAD t i l l
1 16
97%
102 % 103
107
108
131
118
.........
..........:
108%
.........
105 % .........
105
106
106%
1 04 % 105%
118 % 118%
111
112
110
Wis. AMinn. Div.,5s, 192L...JAJ
70%
112% 113%
92% 93
Wis. Val. Div., 1st, 6s, 1920.JAJ
116%
Fargo A South.—6s. ass.1924. JAJ
112 ........
Ino, conv. sin. fund 5s, 1916. JAJ 9 7 “
Dab. A Gt. So. 5s, 1916........ JAJ
108% 109
Chic.AN.W—Consol., 7s,1915.Q—F 139
93% 94%
Consol., gold, 7s, op., 1902..JAD 128
99
99%
Sinking fund, 6s, 1929 .......AAO 1 1 7
100 108
do
58,1929..-............AAO 108%
80
85
do
debent., 5s, 1933.MAN
27
31
Exten. bds. 4s, 1886-1926...FAA
96%
121
25-yrs. deb. 5s, 1909........... MAN
...... 11Ò
Escan.AL.Sup., 1st, 6s, 1901.JAJ i 16
1109 109% Des M. A Minn’s,1st,7s,1907.FAA
134 135
Iowa Mid., 1st M.', 8s, 1900. AAO 132 %
U18 120
Peninsula, 1st, conv., 7S/98.M AS 130
102
Chio. A Mil., 1st M., 7s, ’9 8 ..JAJ 1 23
102 .........
Mil. A Mad., 1st, 6s, 1905..M.AS. 115
Madison Ext., 1st, 7s, 1911. AAO H 3 4
109 % -----Menominee Ext.,1st,7s,1911 JAD t l 3 4
Northwest.Un., 1st,7s, 1917.MAS U 3 5
il 3 m
WinonaASt.Pet—2d7s,1907MAN 1 30
1 89
91%
Ott. C. F. A St. P., 5s, 1909.. MAS 109
North. Ills., 1st, 5s, 1910....MAS 1 07
72
Chic.R.I. A Pac.—6s,1917,coup J<sJ 133
70% 72% Exten. A col. 5s, 1934........... JAJ 108%
108
CMc.AS.W.,lst,7s,guar.,’99.MAN
116 117% Chic. A St-Louis—1st 6s, 1915,MAS
117
Chio. Santa Fe A Cal.—1st, 5s........ 105 %
107% 108
Chio.St. L. A P —1st,5s, 1932.AAO
102% 101
Chic.
105
105 106% Col.A A Gt. East., 1st, 7s, 93-’95. H 2 3
Ind. C., 1st M., 7s, 1904. JAJ
98%
do
2d M.7s,1904.MAN U 1 8
112% 115
Un.A Logansp.,lst, 7s, 1905. AAO
105% 106% Cin. A Chic. A. L., 1886-’90____ t l l 8
H 00
116% 118
Chic.St.P.Min.&Om.—Con. 6s, 1930 121
116% 118
Ch.St.P.AMinn. lst,6s,1918MAN 123
117
North Wise., 1st 6s, 1930....JA J 125
117 118
St.
114% 115% Chic. PaulAS.City,lst6s,1919.AAO 1116
A Tomah.—6s..........................
103
Chic.A W.Ind.—S.fd. 6s, 1919 MAN
104
General mort., 6s, 1932 ....Q —M
tu o
112 Chic. A W. Mich. 5s, 1921. ...JA D 100 %
102%
Cin. Ham. ADayt.—Consol.5s AAO t l0 3 %
116
Consol, mort., 7s, 1905.........AAO 1126
114
Consol, mort., 6s, 1905.........AAO t l l 8
112% 114
Cin. H. A I., 1st M., 7s, 1903. JAJ t l0 8 %
102
Cin. I. St. L. A Chic.—Con. 6s, 1920 t u o
1st gold 4s, 1936.................... q —j 1 00
* Price nominal; no late transactions
t Purchaser also pays accrued Interest.
A sk.
..........
140 "
......
110
110%
97
107%
.... ;
133
124%
..........
.........
130%
109
.........
109%
106%
101
......
.........
..........
..........
125%
126
127
124%
120
117%
114
101
110%
do
2d M.. 7s,’87-92. J A l t i l l
Indianapolis C. A L., 7s of ’97..
tll7
Ind’apolis A Cin., lst,7s,’88.AAO 1103
Cin. Laf.ACh.—1st, 7s,g.,1901.MAS t l l 5
Cin. Leb. A Nor.—1st m. 5s___JAJ 100 105
Cin. Rich. A Chio.—1st, 7s, ’95. JAJ t l l 5
116
Cin. Rioh. A F. W.—1st, 7s, g... J AD tu oi«
Cin. Sand’ky A Cl.—6s, 1900..FAA tiO l 1011«
Consol, mort., 7s, 1890........ JAD i 102 !1021«
Cin. ASp.—7s, C.C.C.A I.. 1901. AAO 119
7s, guar., L.S.A M.8., 1901..AAO 120
Cin. Wash. AB.—lst,gu,4%3-6sMAN 1021« 1021«
2d mort., 5s, 1931.................. JAJ 78
79
3d mort., gold, 3s-4s, 1931. .FAA 411« 44
Income 5s, 1931............................
22
25
Soioto A Hook. V, 1st, 7s....MAN 100
Balt. Short L., 1st, 7s, 1900..JAJ •••
•••
Clev. Coi. O. A I.—1st. 7s, ’ 99.MAN
123
Consol, mort., 7s, 1914........ JAD
122
Cons. 8. F., 7s, 1914............... JAJ
Gen. con. 6s, 1934..................JAJ
111
Belief. A lud. M., 7s, 1 8 9 9...JAJ 112
Clev. A Pitts.—4th M., 6s, 1892.JAJ 108
Consol. 8. F., 7s, 1900........ MAN 128 .........
Clev.A M. Val.—1st, 7s. g., ’93.FAA
Columbia A Gr.—1st, 6s, 1916.JAJ 105% 105%
2d mort., 6s. 1926................. AAO 84% 85%
Col. A Cin. Mid.—1st, 6s, 1914. JAJ ...... 99%
O.H.Val. ATol.—Con.ös, 1931 ..MAS 81% 82%
Gen. 6s gold, 1904................ JAD
84
Col. AHook.V.—lstM.,7s,’97.AAO t l l 5
do
2d M., 7s, 1892. JAJ tl06
Col. A Toledo—1st mort, bonds .. t l l 6
do
2d mort.................... tl06
OhioAW.Va.,lst,s.f.,7s,1910MAN 1112%
Col. Springf. A C.—1st. 7s.1901.MA8 109 110
Col. A Rome.—1st. 6s, gu.Cent. Ga. 108 109
Col. A West.—1st, 6s, guar.Cent. Ga. 108 109
Col. A Xenia—1st M., 7s.1390.MAS t ....... 103
Conn. APassump.—M., 7s,’93.AAO t l l 4 114%
Massawlppl, g., 6s, gold, ’89 JAJ 1102 103
Conn. West.—1st M., 7s, 1900. JAJi 26
31
Connecting (Phila.)—1st, 6s ..MAS 119 122
Consol.RR.of Vt., 1st, 5s, 1913.JAJ 92% 98
Cor. Cow. A Ant.—Deb.6s, ’98MAN
Cumb. A Penn.—1st 6s,’ 9 1 ....MAS 102
Cumberl. Val.—IstM.,8s,1904. AAO
Dayton A Mioh.—Consol. 5s. . . . J AJ m o 110%
3d mort., 7s, 1888. now 2d. AAO
104
Dayt. A West.—IstM.,6s, 1905.JAJ 1117%
1st mort., 7s, 1905.................JAJ tl25 130
elaware—Mort., 6s,guar.,’95. JAJ 118
el. A Bound B’k—1st, 7s,1905FAA
el. Lack.A W.—Conv.7s,1892 JAD 111%
Mort. 7s, 1907......................MAS 132 134
Den. AR. G. lst7s,gold,1900.MAN 120
1st eon. 4s, 1936...................
81% 82 *
ienv.AR. G. W.—
1st, 6s, 1911..........................MAS 82
83
do
assented....
77
77%
81
93
>esM.A Ft.D.—Gnar.4s, 1905. JAJ
do
incomes, guar. 2%s 50
93
1st mort., guar. 4s, on extension.
118%
1081«
: )et.G.HavenAMil.—Equlp.6s,1918 in e
120
Con. M„ 5%tiU’84, after 64. .1918 1115 117
tl24% 125
Land grant 3i«s, S. A., 1911.......
Income, 1921.................................
"52% 531«
110
102
122 1231«
Divisioaal, 5s, 1930............... JAJ 110 112
Ala. Cent., Ist, 6s, 1918........ JAJ
3. Tenn. V. AGa.R’y.—Ist,5s,1956. *9S% 99
3ast. A W. Ry., Ala.—
Ist, 6s, 1912 107 >
4
äastern, Mass.—6s, g.,1906. .MAS 1127% 128
Sterling debs., 6s, g., 1906..MAS Î124 129
31iz. City A Nor.—S.F. deb.,6s.AAO
Ist mort., 6p, 1920.................MAS
i
104%
121
5s, perpetuali......... ............ AAO
3rie A Pittsb.—2d, now 1 s t....JAJ 105
Cons, mort,, 7s, 1898 ............JAJ 113 116
Equipment. 7s, 1900.......... AAO 100
13vansv. A Crawl.—1st, 7s, ’ 87.JAJ 100
Qvans.AInd.—1st, gnar.,g.,6s, 1924
JAJ iÖ 8 ’ 112%
1st, con., 1926.........
3vans. A T.H.,lst oon.<,6s, 1921, JAJ
121
Mt. Vernon—1st, 6s..............AAO 115
Svansv.T.H.AChi.—1st, 6s, g.MAN 1011«
fitchburg—5s, 1899.................AAO f 109 110
5s, 1900-01-02........... : ......... AAO t u o
111
6s, 1897................................. AAO t l l7 117%
7s, 1894.................................. AAO t l l 7 117%
flint A P. Marq.—M. 6s,1920.AAO 120 122 %
Holly W. A M., 1st, 8s, 1901. JAJ
93% 93%
do
do
tl2 2
Unstamped.. t l l8
103
2d mort., 7s, 1905................ J&D
West. Div. 1st, 5s, 1931....MAN
do
2d, 6s, 1 9 3 1 ...JAJ
122%
119
107”
94%
80
6s, 1889................................... JAJ 108 Ì09**
leorgia Pacific—1st, 6s, 1922.JAJ 107% 100
2d mort.........................................
56%
tl2 2
125
1st M.,7s, l.g., gold,not guar. AAO tll6
120
E x land grant, 1st 7s, ’ 99........... tlOO
110
Consol. 5s, 1924................... M&S
95% 96
...... J-r.B’vW.ASt.P.—lst,6s,l911.F.AA
109%
"50% 51%
2d, incomes, 19 1 1................ .
t In London.
Coupon od.
T H E CH R O N IC LE.
708
[V o u x u v .
G E N E R A L Q U O T A T I O N 'S O P S T O C K S A N D
B C W D S — C o n t in u e d .
F or E x p la n ation s See Notes at H ead o f F irst Page o f Q u otation s.
R a il r o a d B o n d s .
B id .
A sk .
R a il r o a d B o n d s.
B id .
A sk.
R a il r o a d B o n d s .
B id .
Ask.
106
1
124%
G u lf Col. & S. F e— 1st, 7 s,1 90 9 J& J 124% 124% Memphis & L. Rook—1st, 8s, 1907 100
107 UMemph.* CharL—lst,7s, 1915. J&J 125
........ I
2d , 6 s, g o ld , 1 9 2 3 . . . ................A & O 106% ‘
1 2 2 I 2d mort., 7s, extended.......... J&J 1 25
B a n .& 8 1. J o .—C on. 6s, 1 9 1 1 .. M&S 12 0
1 st, g ., 6s. 1 9 1 4 ....................... M & S 109
110
L 1% 1
2
1st eonsoL 7s, 1915................ J&J 12 0
{4 9
H arris. P . M t. J. & L.—1st, 4 s .. 1913 1 0 4
50
99
do
p r io r lien ,ln c.a c.,5 -6 s,’9 5 {109
1st. cons.. Tenu, lien, 7s, 1915 J&J 125
H a rt. & C onn. W est.—5 s ..........190 3
111
68
Gold, 6s, 1924.........................J&J 106
2d m ort. in o .................... .................... {12
H o ’st.E .& W . T e x .—l s t ,7 s ,’ 98.M & N
13
2
Matrop’n Elev.—1st, 6s, 1908, J&J 119 % L 0 %
2 d , 6s, 191 3..................................J&J
5%
3 d m ort. i n o . . . . ............... .................
{4%
118%
2d 6s, 1899.......................... M&N 108%
B .& T ex.C en —1 st m .,7 s ,g u a r .l8 9 1
89
L ea sed L . ren ta l trust, p e r deb. 4s {87
Mexican Cent.—1st, 7s, 1911..J&J 75% 7 7
60
W est. D iv ., 1 st, 7 s, g ., 1 8 9 1 ..J&J 1 1 5 % 117
W est. e x t. c e r tifs, 8s, 1 8 7 6 ..J& J {5 6
Scaled 4s, 1911....................... J&J 7 4% 7 4%
60
W a c o & N . W .. 1 st, 7 s, g .,1 9 0 3 .J&J
do
do
7 s, gu ar. E rie {5 6
112
72
72%
Bond scrip............. ............. .
r.Y . P hil. A N or.—1 st, 1 923 ..J & J 105%
C on s, m o rt., 8 s, 1 9 1 2 ........ ...A & O 1 09
72
Incomes, 1911............................... 2 6 % 27
55
G en . m ort. 6s, 1921 ............. A & O
In com e, 6s, 1 9 3 3 .....................A & O
51
.0 2 % 1 r.Y. Susq. & W .- D e b . 6s, ’ 9 7 .F & A !I 78
I
H u n t. & B r. T o p —1st, 7 s, ’9 0 . .A&O 107%
Debenture 10s, 1890-95.. ...A&O 10 2
115
95%
Scrip 10s, 1889...................... J&J 1 0 1 % 02
2 d m o rt., 7 s, g ., 1 8 9 5 ............. F&A
1 st re fu n d ., 5 s, 1 9 3 7 ............... J& Jl 9 5
115
C ons. 3 d M . 5 s, 1 8 9 5 ............. A& O 1 0 1 %
Mexican Nat.—1st, 6s, 1912 ..A&O 44% 45
M id l’d o f N. J .—1 st,6 s ,1 91 0 . A & O 1 14
118 L
a
94% ]
Speyer & Co.’s cert., 2d, inst. p d .. 9 4
Illin ois C ent.—1 st C hl.& Spr.’98 J&J
108% Mich. Cent—Consol.,7s, 1902.M&N 128
129
1st, gold , 4s, 1 9 5 1 . . . ................J& J
98
G o ld , 3% s, 1 9 5 1 ......................... J&J
Consol. 5s, 1902....................M&N
111%
N ew R iv e r 1 st 6s, 1 9 3 2 ........ A & O 111
Im p r. & E x te n ., 6s. 1 9 3 4 ___ F& A) 101
M id d le D iv . reg. 5s, 1 9 2 1 ... F& A 113
1st M. on Air Line, 8s, 1890. J&J 107 107%
110
A d ju stm e n t 7s, 1 9 2 4 ..........Q.—M., 1 0 6 % 1 08
S terlin g , S. F ., 5 s, g ., 1 9 0 3 ..A& O {108
Air Line, 1st M., 8s, guar.. .M&N 1 06 L07
85
C on v. d e b ., 6s, 1 8 9 4 ...............J & J
83
S te r lin g , gen . M .,6 s, g., 189 5 . A & O {112 114
6s. 1909...............................M & S
112
LIO
5s, coup., 1931.......................M&S
S terling, 5 s. 1 9 0 5 . . . . ............. J A D t u o
Norf’k&Petersb.,2d,8s, ’93. J&J . . . . . 115
125 %
C hic.St.& N .O .—1st con . 7 s, 1 8 9 7 .
Kalamazoo&S.H.,lst,8s,’90.M&N 103% 104
S outh Side,Va.,1st, 8s,1890... J&J 105
•2d, 6s, 1 9 0 7 ............................ J&I>
J.L.&Sag.North Ext.,8s, ’90.M&N
do
2d M., ext.,1899.J&J HO
- T en . lien , 7s, 1 8 9 7 .............. M &N 116
do
3d M.. 6s,’86-’90.J&J »100
do
Cons.lstM.,8s,’91.M&S Í 1 Ó 1 1 0 %
5 s, 1 9 5 1 , g o l d ......................... J& D 117
do
es,1891..................M&S 1C4
V a . A Tenn., 4th M., 8s, 1900.J&J 125
‘ "
N .0 .J a c k .& G t.N .2 d 8 s ,c tfs .A * 0
Joliet & N.Ind.,1st,7s (guar.M.C.) 120
do
extended 5s,1900.J&J 1 03
42
..........
Illin o is M idlan d, 1st, 7 s ........... 1905 t 38
Mich. & Ohio—1st, 6s, 1923 ..M&N
125
In d . B l. & W .—1st, p f.,7 s , 1 90 0 J&J 122k 1 24
Midd. Un. & Wat. Gap—1st mort.. 100
9 6% 98
80
list m ort., 5 - 6 ,1 9 0 9 ,T r. r e c .A & 0
2d mort. 5s, quar. N.Y. S. & W ... 7 9
133
G en . m o rt., 7 s , 1 90 3 ................J&J 130
871« MU.L.S.& W.—1st M..6s, 1921 .MAN
L19%
N ew lo a n , 6 s, re g ., 1 9 0 5 ........ M&S 1 1 0
2 d m ort., 5 -6 ,1 9 0 9 , T r. re c .A & O
«
L
02
I n co m e , 1 9 2 1 ..................................... * 8 2 % S 3 1
Conv. deb. 5s, 1907............. F&A 1 0 1
rorth east.,8.C.— 1 st M .,8s,’ 9 9 ,M&S 130
9 7%
96
L18%
Mich. Div., 1st, 6s, 1924.......J&J
E ast. D ly ., 6 s ,192 1 ,T r. r e o ... J & D
2 d m o rt., 8s, 1 8 9 9 ................... M&S 128
11108 109
116
L17
121
12 2
I n d .D e o . & S p .—1st, 7 s, 1 9 0 6 .A & O
Ashland Div., 1st 6s, 1923..M&S
10 2
L04
.......... 107%
2 d m o lt ., 5s, 1 9 1 1 ..................... J& J
1st, incomes..............................
47%
12
2 d , Incom e, 190 6 , Tr Co. cert.J& J
S t P. E. & Gr. Tr’k, 1st, guar., 6s 108 1 1 0
3d mort., 6s, 1900..............A& O 1211
__
N ew 1 st m ort. 6s, f u n d e d .............
Mil. & No.—1st, 6s, 1 9 1 0 ....J&D 107%
Con. mort., 6s, g., coup., 1900.J&J 1 2 1 1 2 2
121
112 %
I n d ’p o l i s * S t.L .—1 st,7 s, 191 9 . V ar. 1 1 2
1st, 6s, on extension 1913.. J&D 106% L07
Mort. bds., 5s, 1926, series A J&J 112%
1 ll
I n d ’ap olieA V ln .—1st, 7 s ,1908. F&A 119
Minn’p. & St. L.—1st M., 1927. J&D 128
do
series B ........ ............. I 1 1
2 d m o rt.. 6s, g ., gu ar., 1900.M & N 10 2
1st M., Iowa City* W., 1909.J&D 1 16
Con. mort, stg. 6s, g., 1904...J&J 1113 115
115%
In t. & G t.N orth .—lst,6 s,1 9 1 9 .M & N 114
2d mort., 7s, 1891.................. J&J 1 0 1
orthem, N.J.—1st M., 6s, ’88. J&J
94
93
C oup. 6s, 1 9 0 9 ............
M &8
Southwest. E x t , 1st,7s, 1910. J&D 108
orth. Pao., P. D’O Div.—6s, M&S. 1 04 105%
108
Pacifie E x t, 1st, 6s, 1921.. A&O 106 115
Io n ia & L a n sin g—1 st 8s, ’8 9 . ..J & J 107
Mo. Div. 6s, 1919................ M&N 104
85
90
I o ^ a C it y * W est.— lst,7 s,1 9 0 9 M & 8 12 0
Imp. & Equip. 6s, 1922......... J&J
Gen’l 1. g., 1st, 6s. 1921........ J&J 118 118 %
I ’ a F a lls & S iou x C.—1 st, 7 s ,’9 9 A & 0 135% 136
Minn’p. & Pac., 1st, 5s, 1936. .J&J
Gen. land gr.,2d, 6s, 1933...A&O 104 % 105
90
J efferson —H a w l’y B r. 7 s, ’ 8 7 .. J&J
Minn. & N. W.—1st, 5s. 1934.. J&J 103 % 104
James Riv.Val.—lst,g.,6s,’36J&J 109 1 1 1
1 s t m o rt., 7 s, 1 8 8 9 ................... J&J 103
Spokane & Pal.,1st 6s, 1936.M&N 104 105 %
Miss.&Tenn.—1st M., 8s,series “ A’ 115
8s, series “ B” ....................... j& j 105 108%
St.P.& Nor.Pac. gen.6s,1923. F&A 119 % 1 1 9 %
Jeff. M a d .& In d .—1st, 7 s ,190 6 . A&O H 1 5 % 116
106%
2 d m ort., 7 s, 1 9 1 0 .................... J&J 1117% 118
North. Pac. Ter. Co. —
1st,6s,’33. J&J
Mo.K. &T.—Cons. 7s.. 1904-6..F&4 1 1 2 % 113
98
9 8% Norw’h&Woro’r—1st M.. 6s.’97. J&J 116% 118
Consolidated 6s. 1920..........J&I
J u n o tio n (P h iL )—1st,4 % s,1 9 0 7 J&J
85
8 6 % Ogd’nsb’g&LCh.—1st M. 6s,’97,J&J » 1 0 2 % 1 03
Consolidated 5s, 1920..........J&D
• d m ort., 6 s, 1 9 0 0 ................... A & O
2
74
76
K a n a w h a & O .— 1st 6s. 1936 J.&J
Sinking fund, 8s, 1890......... M&S 1 1 0 2 % 103
2d mort., Income, 6s, 1911..A&O 87 .........
K a n . C. C lin t’n & S pringfield—Is,5s 1 0 0 % 1 0 1
1st, 6s. g., 1899, (U. P. S. Br.)J&J
Consol, ,6s, 1920................... A&O 103 1 03 %
118%
47
4 7%
K .O .F t.S oott& G .—1 st,7 s,1908 J& D 1118
Income, 3s & 6sl920...........
Han. & C. Mo., 1st 7s, g.,’90.M&N 105 106%
122
•P lea s. H ill & D e S oto, 1st, 7s, 1907 [1 2 1
Mo.Pao.—1st mort.,6s,gld,’88, F&A 103 % 103% Ohio Cen.—Riv. Div., 1st, 6s.. 1922
114%
K ansas 0 . L a w r. & So. 1st, 6s. 1909 1 14
Income. 6s, 1922, Tr. reo.............
Consol. 6s, 1920.......
....M&N 116
125%
K -C B t.Jos.& C.B .—M. 7 8,1907. J&J 1125
2d m ort, 7s, 1891.................. J&J 1 1 0 % 1 1 1 % Ohio & Mississippi.—
K . C.Spr.& M em .— 1st, 6s, 1923.M &N 1 1 1 % 1 1 1 %
Car. B., 1st m ort, 6a, g. ’93..A&O
Cons., 8.F.7s.’98.................... J&J 118
7 4% 7 7 %
118 %
K en . C ent.—S tam ped 4s, 191 1 .J&J!
Cons, mort., 7s, ’98.................J&J
3d mortgage, 7s, 1906......M &N 12 0 1 2 2 %
1 17
K eb k u k & D es M .—1 st,5s, gu ar. A & O 1 09
Income, 7s, 1892...................M&S
2d mort., 7s, 1911.................A&O
97
99% Mobile & O.—1st pref. debentures.
50
59
K h o x y . & O h io 1st, 6s, 1 9 2 5 ...J & J
1st gen , 5s, 1932.................. J&D
32
109
L a k e Shore & M ich . So.—
lstmort..Springf.Div.,l905 M&N
2d pref. debentures................ .
113
2 7% Ohio River RR.—1st. 5s, 1936. J&D .......... 10 0
•
CH. P . & A sh ., n e w 7 s, 1 8 9 2 .. A & O 1 1 1
3d pref. debentures...................
20
23
Ohio Southern—1st 6s, 1921...J&Dii . . . . . . 107
B u fl.& E .,n e w b d s , M .,7 s,’9 8 .A & 0 1 2 0 % 122
4th pref. debentures...................
B uff. & S ta te L ., 7 s, 1 8 8 6 ....J & J
2d income, 6s, 1 9 2 1 ..................
45
New mortgage, 6s, 1927.......J&D 1 1 0 113
D et.M on .& T o l.,1 st,7 s,1 9 0 6 .F& A 128
Collateral trust 6s. 1892 _ J&J 10 2
_
M ¡»1 1 8 % 1 19
Id Colony—6s, 1897.............W
..........
|t 114% 1 1 5 %
K a la m a zoo A 1.& G r.R ., 1st, 8s. J&J
1st extension 6s, 1927.......... Q—J 105%
6s, 1895................................
|»118% 119
K a l.& W h. P ig e o n ,1st, 7 s,’90.. J&J
StL.& Cairo—4s, guar., 1931.J&J 73%
11119% n o
D iv id e n d bon d s, 7s, 1 8 9 9 .. .A & O ......... 12*4 % Morg’n’s La.&Tex.,lst,6s,1920J&J
1» 107
107%
IfcS .& M . S., co n s ., cm , 1 st, 7 s . J&J 126% 127%
1st mort., 7s, 1918............... A&O 12 0 123%
127% Morris & Essex—1st, 7s, 1914 M&N 1 4 0 % 142
i f l l 4 % 1 15
d o c o n s .,r e g .,ls ^ 7 s ,1 9 0 0 .Q—J 125
|t 115
117
d o ccms., op ., 2 d ,7s, 1 9 0 3 ..J& D 1 2 2 % 123
2d mort, 7s, 1891.................. F&A 1 1 0 % 1 1 1 %
10 2 % 10 2 %
. - d o e o n s .,re g .,2 d , 7 s ,1 9 0 3 .J& D
Bonds, 7s, 1900..................... J&J 119 12 2
1 13
M a h on in g C oal R R . 1st, 5 s..J & J 1 0 6 %
General mort., 7s, 1901.......A&O 125 1 2 6 %
{H l
L a w re n ce —1 st m ort., 7s,1895.F & A
Consol, mort., 7s, 1915......... J&D 1 3J % 134%
2 d m o rt., 7 s.
! ib*ó% 1 0 1 %
L th ig h V al.—1 st,6 s,co u p ., ’9 8 .J& D Í 24
Nashua & Low.—6s, g., 1893.F&A 1 1 0 1 1 0 %
122
124
|»I24
l e t m o rt., 6s, reg ., 1 8 9 8 ........ J& D
5s, 1900.......................................... 109 1 1 0
{10 6
1 08
2 d m o rt., 7 s, 1 9 1 0 ................... M&8 141% 142
Nashv.Ch.&St.L.—1st, 7s,1913 J&J 130 131 !
lo 6 %
1 . . . . . . 103
G en . M ., s. f., 6s, g ., 1 9 2 3 ___ J& D 136
2d mort., 6s, 1901.................. J&J 1 1 0 % 1 1 1 %
{102
104
L . M iam i—R en ew a l o s ,1 9 1 2 ..M&N 1 1 2 % 115
Nashv.& Decatur—1st,7s,1900. J&J ..........
1 .......... 135
L.ROCK& F t.S .—l s U .g r . ,7s ’9 5 . J&J 114% 114% Natchez Jack. & Col.—1st, 7s, 1910
[ 125
L o n g Isla n d —1 st M ., 7s, 1898.M & N .......... 1 2 1 % Newark & N. Y —1st, 7s, 1887.J&J 1 0 2
> 125% 126
1
1 st con sol. 5s, 1 9 3 1 ..................Q—J
New’kS’set&S.—1st. 7s, g.,’89.M&N 98 10 0 %
do
> 107
1
N e w tow n & FI., 1st, 7 s, 1 8 9 1 ........ 105
N’burgh&N.Y.—1st M. 7S.1888. J&J 100
10 1
> 114
105
L . I.C ity & F lu sh in g—1st, 6s,1911
N. J. Junction, 1st, 4s, 1986..F&A
1 ......... 1 08 %
N .Y .& Man. B ea ch , 1 st 7 s,’ 9 7 , J& J f ..........
P en n . C o., bs, re g ., 1 9 0 7 .. .
New Jersey & N. Y.—1st m ort. . . . 10 0
107%
N . Y . B . & M. B .,l s t con . 5s, 1 93 5
do
1 st M .,4 % s, 1 9 2 ____ ■ II 107
N. J. Southern—1st M.,new 6s.J&J 10 0 1 0 2 %
117
P e n n .* N .Y .C a n .- 1st. 7 s, ’9 6 . J& D 121 %
L o u ’v.C .& L e x .— 1st,7 s,’9 7 J& J (ex) i í é
N. O. & Northeast.—Prior 1.6S.1915
1 17 % N.Y. & Can.— M.,6s,g., 1904.M&N {1 1 3
115
2 d m ort., 7 s, 1 9 0 7 ................... A& O 117
1 st m o rt., 7s, 1 9 0 6 ................... J& D 132
£
L ou . & N ashv.—C ons. 1st, 7s, 1 8 9 8 . 118 % 119
P en sa cola & A t l a n t i o - 1 st m ..F & A ..........
N. Y. Cent. & Hud. R.—Ex.5s.M&X 104% 105
O eeilian B r., 7 s, 1 9 0 7 ............. M&S .......... 1 1 1
Mort., 7s, coup., 1903........J & J 136 % 136% P eo. D eo. & E v .— 1st. 6s, 1 9 2 0 . J& J 114%
2 d m ortga ge, 5 s, 1 9 2 7 ......................| 8 6% 87
L e b .-K n o x v . 6s, 1 9 3 1 ........... M&S
Debenture 5s, 1904 .........M & S 108% 1 0 J%
E v a n s v ille D iv .,1st 6 s,1 9 2 ö .M & s I 110% 111%
L ou is. O n . & L ex ., 6s, 1 9 3 1 .M&N
Sterlingmort., 6s, g., 19 0 3...J&J {1 23 125
123
M em .& 0 .,s t l., M .,7s, g .,1901 J& D { 1 2 1
New York Central--68,1887. J&D 103% 103% P e o .A P e k in U n .— 1st,6 s,1 9 2 1 .Q—F 111
75
{2 5
10 1%
2 d m o r t . 4 % s, 1 9 2 1 ................Q— F
70
M.
& C la rk sy..st’g ,6 s,g .,1 9 0H F& A118
N.Y.Chlo.& St. L.—1st,6s,1921.J&D
99
98
P e rk iom eu —1 st M ., 6 s, 1 8 8 7 .-A & O
95
N . O. & M ob ile. 1 s t 6s, 1 9 3 0 . J& J 1 1 2 % 113%
2d 6s, 1923............................ M&S
92
80
do
2 d , 6s, 1 9 3 0 .. .. J& J .......... 99% N.Y.City* No.—Gen’l,6s,1910M&N
C ons, m o rt., 6s, 1 91 3 , ste rlin g . . . {88
3
P en sa cola D iv ..1st, 6 s ,1 9 2 0 .. M&S 103%
Trust Co. receipts.........................
7 7 % ".8 % P e te rsb u rg -C la s s A , 1 92 6 ....J & J l l o 7
3
Class B , 1 9 2 6 ............................ A & O 106%
8t. L ou is D iv .. 1st, 6s, 1 9 2 1 . .M &S 115%
N. Y. Elevated.—1st M., 1906. J&J 12 2 1 2 2 %
3 57
3
35% Phlla. & E rie — 1st M .,7 s, 1 8 8 8 . J& J 105%
do
2 d ., 3 s„1 9 8 0 .M & S
N. Y. & Greenw’d L.—1st M. inc. 6s 3 4
129
6
9
N ash. & D e c ., 1st 7s, 1 9 0 0 ... J&J 12 0
G en. M .. g u a r ., 6s, g ., 1 9 2 0 . .J& J {1 2 6
2d mortgage income.......... .
114% N.Y.&Hariem—7s,coup. ,1900. M&N 1 30
117
130%
C onsol. 5s, 1 9 2 0 ....................... A&Oi 1 13
E . H . & N ., 1st 6s, 1 9 1 9 ........J & D) 113
G èn ’l m ort., 6s, 1 9 3 0 ............. J & D) 1 1 1 %
8u n b u ry& E rie, ls t M .,7 s .’9 7 .A & 0 . . . .
N.Y. Laok.A W.—1st, 6s, 1921.J&J 127 129
)
B0.& N 0. A la ., S. F . 6s, 1 9 1 0 A & O 106%
2nd, 5s, guar., 1923.............. F&A 108% 109 % Phila. & R e a d ’g —1st, 6s, 1 9 1 0 .J& J 122
l s t m o r t ,, s in k in g fu n d , 8s . . ..
2 d , 7 s , ’ 9 3 ....................................A & O 111
N.Y.L.E. &W.—lst,7s,’97, ext-M&N
08
T ru st b on d s, 6s, 1 9 2 2 ........... Q—Mí 107% 1* * %
Ì
D e b e n tu re 6s, 1 8 9 3 ................. J&J
45
2d mort, exten., 5s, 1919 ...M&S 1 15 116%
i
C onsoL M .,7 8,1 91 1 , r e g .& c p . J& D 129
T é n -forty 6s. 1 9 2 4 ..................M&N 1 0 1 % 102%
3d mort. ex. 4%s, 1923........ M&S* 108
98
100
P ensa. & A tl.—1st,6 s,g u ,’ 2 1 .F& A
)
C onsol, m o rt., 6 s, 1 9 1 1 ..........J&D| 117
4th mort., ext., 5s, 1920.. ..A&O 115 117 %
115
L ’«v .N .A .& O h io.—1st,6 s,1 9 1 0 . J&J 1 1 2
Im p ro v e m e n t m o rt., 6s, *97. A& O 107% 1 08
)
5th mort., 7s, 1888............... J&D 1 0 2 % 1 0 2 %
> 971« 9 7 %
G en . m ort. 6s, 1 9 1 6 ................ A&O
$
G en ’l m o rt., 6 s, 1 9 0 8 . . . . . . . . . J & J 105% 106
1st cons. M., 7s, g.,1920.......M&S 136 137
3
L o ’isv.N .O .& T ex.—1st,5s, 1934M &S . . . . .
G en ’l m o rt., 7 s, 1 9 0 8 ............... J& J 105
New 2d cons. 6s, 1 9 6 9 ....... J&D .......... 102
i
56
123
M a ir e Cent*—M ort. 7s, 1 8 9 8 ... J& J 1 2 2
C o n v e rtib le , 7 s, 1 89 3 . . . . . . . . J & J
Collateral Tr. 6s, 1922.........M&N .......... 108
78
>
114
E x te n . b on d s, 6s, g ., 1 9 0 0 ...A& O »1 1 3
C ons. 5s, 1st s e r ie s .. . . . . . ...M & N
Fund. 5s, 1969....................J & D ..........
61% 6 2 %
>
C ons. 7 s, 1 9 1 2 ..............
A&O fl3 3
135
134
C ons. 58, 2 d series........... . . . . F & A
131
1st cons, fund coup.,7s,1920 M&S
& n d rosoog.& K e n ., 6s . . . _______. t l 0 5
C onv. adj. s c r i p ........................ J&J
107
2d oon3. f ’d cp., 5s,1969.......J&D) {; ........
100
L éed s & F a rm ’g t ’n , 6 s, 1896.J& Jr » 11 2
113
S crip fo r 6 d e fe rre d % co u p o n s .. {9 0
Reorganizat’n 1st lien, 6s, 1908
1 8%
P o rti. & K .,C on s. M ., 6 s, ’ 9 5 .A & 0 » 11 2
113
D e fe r re d in c o m e ................................
>
Gold lacome bonds, 6s, 1977_
_
67%
67
In co m e m o rt., co n s. 7 s, ’9 6 , J& D
D ebenture, 6s, 1 0 -2 0 ............. F & Ai. 107 % IOS
) 1 1 2 % 113%
Long Dock mort., 7s, 1893..J&D
. __ 1 C o a l* I ., g u a r .,7 s ,’ 9 2 ,ex-cp .M & S
50
M a m E ea ch Im p. ,lim .,7s, 1 9 0 9 ,M&S .......... 9 0
á
ao
con. g., 6s, 1935 ..A&O» 116%
125% Phila. W il. & B alt.—6 s, 1 8 9 2 ..A& O 107** 1 0 9
M a rq ’ t te H o .& O.—M a r.& 0 .,8 s, ’ 92 i u
2
113
1 125
N.Y.*.NEng.—1st M., 7s, 1905J&J
111
6 8 ,1 9 0 8 .................................. j
106%
6s, 1 9 0 0 . . . ................................. A & O H t 9
. 106
1st M., 6s, 1905......................J&Jf 117% 118
6 s, 192 3 (e x ten s ion )................J& D 1 03
1 06 %
10 0 % ! 2dm.,6s, 1 9 0 2 ................F& A 106
5s, 1 9 1 0 .......................
J & D f l0 7 % 108
>
6s, 192 5 (M ary & W e s t.).. J& D
94
T ru st c e r ts ., 4 s, 1 92 1 ..............J&J 102 % 1Q3
L
>
99 10 0
2d 6s (scaled to 3s)............... F&A 93
......
\V L
:
......
......
......
......
_
......
......
* P rice n om in a l; n o la te tra n saction s.
1 P u rch a se r also p a y s a ooru ed in terest.
{ In L o n d o n .
IÍ C o u p o n off.
TH E C H R O N IC LE
J une 4, 1887.J
GENERAL
Q U O T A TIO N S
OF
STOCKS A N D
F or E xplan ation s See Motes at H ea d
j I ailroajd
l
B o n d s.
B id .
Ask.
R
a il r o a d
St o c k s
709
BONDS— C o n t i n u e d .
o f First Page o f Q uotations.
B id .
A sk.
R a il r o a d S t o c k s .
B id .
A k.
T ol.A .A r.& N .M .—lst,6 s,1 9 2 4 .M & N
9 9 * 4 Buffalo Rochester & Pittsb.......100
92
90
0
68
70
F U tab.B radf.A B.—l s t ,6 s l9 1 1 A& O
109
0
T o l.A .A . & G r.T ., 1 st, 6s, 1921 .J& J 1 07
Burlington C. Rapids & North.. 100 ........
Plttab.C .& St.L.—l s t ,7 s , 1900.F& A 119
9 8 V 9 9 * 3 California Paoiflo... . . . . . . . . . . . . . . . .
T o l .A O h io C ent.—1st, 5s, gn .1 9 3 5
9
114
11
F itteb .C l.A T ol.—l e t , 6s, 1 9 2 2 .A & O
California Southern............. ..100) 6 0 7( 61*4
123*3 T ol.P eoria& W .—l8 t,7 8 .1 9 1 7 , tr .r e c . 109
P ittsb.& C on’Usv.—ls tM .7 s ,’ 9 8.J &J 123
Tol. 8 t.L .& K .C .,ls t ,6 s ,1 9 1 6 ...J & D
9 8% 9 J V Camden A Atlantic ................... 50) 5........
132
1130
S terlin g con s. M. 6 s, g ., gu ar .J&J
U nited C o s N .J .—C ons.,6s,’ 9 4 .A & 0 112
do
Pref.............. 50 $ .......
45*3
)
P ltt8b.F t.W . & C.—1 st,7 s ,1 9 1 2 V ar 141
Canada Southern....................... 100) 6 2 ’ t 63
do
gen . 4s, 1 9 2 3 ........F & A l o g
2 d m ort., 7 s, 1 9 1 2 . . . . . . . . . . . J&J 139
Canadian Pacific.. . . . . . . . . . . . . . . 100 61% 62*3
S terlin g m o rt., 6s, 1 8 9 4 ........M&S 111 113
)
3 d m ort., 7 s. 1 9 1 2 .....................A& O 133*s
125
do
6 s ,1 9 0 1 ........M&S 120
Catawissa....................................30) § 15
P ittsb . M cK .& Y .— 1st,68,1932. J& J
Cam . & A m b .,m o r t., 6s, ’ 89.M & N 105*3
do
1st pref..................... 50) § ........ 50*4
91
92*9
P itts b . & W est.—1st m o r t .................
U nion P a c ific —1st, 6s, g .,1 8 9 6 . J&J 1168s 117*4
do
2d pref.......................500 $ 47
110
48*3
P ortl’nd& O gb’g—lst6 s,g .,1 9 0 0 J & J 108
0
1st, 6s, 1 8 9 7 ................................J& J 116% 117V Cedar Falls & Minnesota.......... 100 ........
P o rt R o y a l & A u g.—1 st, 6s, ’9 9 . J& J 105
0
1st, 6s, 1 6 9 8 ................... . . . . . . . J & J 117*4 117*3 Central of Georgia..................... 100 123
124
40
In com e m ort., 6s, 1 8 9 9 ......... J& J
1st, 6s, 1 8 9 9 ................. '. ............J&.T 118
Central Iow a.............................. 100) 1 0 *j 1 2
B en.& S ’toga— 1st 7 s, 1921 oou.M &N 140*2
Land G r a n t,7 s , 1 8 8 7 - 9 ... ...A & O 103*3
do
1st p r e f . . . . . . .. ...100 ) 18
75*2 76*9
18*4
B ic h ’d & A lleg b —1st, 7 s, tru st reo.
Sink. F ., 8s, 1 8 9 3 ..................... M&S 116*4 117
1 4%
do
2d p r e f............1 0 0 ) 14
2 d m ort., 6s, 1 9 1 6 .. ............. M&N
R eg: 8s, 1 8 9 3 ............................ M&S 115*4
105
Central Massachusetts............. 100) 28% 28*3
R loh ’d & D a n v.—C on..6s,’90..M & N
125
Om . B rid g e , ste rl. 8s, g ., ’ 9 6 .A & O {1 2 0
)
do
p ref... 100 5 7 k 58
G en eral m ort., 6a, 1 9 1 5 ........J&J 114*41114%
114
C ollateral trust, 6s, 1903 .. ..J & J 109*3
Central of New Jersey............1 00) 82% 83
D eb en tu re. 6 s, 1 9 2 7 . . . . ........A & O
92
C ollateral trust, 5s, 1 9 0 7 ___ J& D ' 101*3 102*3 Central Ohio..................................50
)
49
50
do
e x c o u p ....
93
50
K a n s. P a c., 1st, 6s, 1 8 9 5 ___ F&A 114
114*s
60
do
Pref
Con. gold , 5s, 1 9 3 6 . ............A & O
113
40
d o 1 st M ., 6 s, 1 8 9 6 ........J& D
Central Pacific........................... 100
40*3
P ied m on t B r., 8 s, 1 5 8 8 . .. ... A & O 102
d o D e n v . D iv ., 6 s ........M AN
32
1 1 4 V 117
Charlotte Col. & Aug................ 100 i 25
B lo b . F re d . & P otom a c—6s,ext.J & J
d o 1 st con s. M .,6s, 1 91 9 M&N 103*8 101
7
Chesapeake & Ohio, common ..100
8
M o rt, 7 s, 1 9 8 1 -9 0 ......................J& J
13
O regon Short-L ., 6s, 192 2 . . F & A 102*s 103
14
Blob. & P etersb., 8 s ,’ 8 4 -’ 8 6 ...A & 0
do
1st pref. ..100
82
9
U tah Cen.—1 st M ., 6s, g .,1 8 9 0 .J& J
10
do
2d p re f.... 100 1
N e w m ort., 7 s, 1 9 1 5 ............. M «f"
116
U tah 8 o ., gen ., 7 b, 1 9 0 9 .. .. J& J
91*3 93
Cheshire, pref.............................100 124% 125
R ich m on d Y o r k R lv . & C bes., 8s
100
91
92*s Chicago & Alton........ ...............100 155
d o e x t , 1 st,7 s ,1 90 9 J& J
155
98
U tloa A B l’k R .—M ort., 7 s. ’9 1 . J&J 1 06
9
Chicago & Atlantic Beneficiary...
120
112
V er. & M ass.— Gnar. 5s, 190 3 M&N 111
Chicago Burlington & N orth... IOC 93*9 9 4
K oeb . & P itts.. 1st, 6s. 1 9 2 1 ...F & A
113
113
95
Vtcksb. & M er.—N ew 1 st m o r t . . . .
Chicago Burlington & Quinoy.-lOO 149 149*3
60
60
2d m o r t . . . . . . . . . . . .........
57
do
in com e, 192 1 .
Chicago & Canada Southern . . . . .. .
80
90
112
12*3
112*3
3d m o rt.,In co m e ..............................
R om e & C arrollt.—1st, 6s, g ., 191 6
Chicago & East Illinois............. .
95
111
V ick sb . Sh. & P a c. -P r io r Hen, 6 s . . 109
7
11
B orne & D ec.—1st., 6s, 1 9 2 6 ... J& D
Chicago & Grand Trunk ............. .
109
121
60
V a . M idland— 1st s e r.,6 s,1 9 0 6 .M&S 120
R om eW a t’n&O.—S .F .,7 s,1 8 9 1 .J & D 108
58
Chicago & lnd. Coal Railway........
117*8 119
2d series, 6 s, 1 9 1 1 ................. M&S
96*9 99
2 d m ort., 7s, 1 8 9 2 .....................J& J »107*4 109
do
do
pref
110 112
102*4
3d series, 5-6s, 1 9 1 6 .............M&S
C on sol., 1st e x . 5e, 1 9 2 2 ....A & O
Chicago Milwaukee & St. Paul. 100 93*9 9 3%
1 1 0 *|
68
4 th series, 3-4-5s, 1 9 2 1 ........ M&S,
B n tla n u —1 st M., 6 s, 1 9 0 2 ....M & N 1 1 0
do
pref., 7 .lo o 125 1 2 5 V
98
5th series, 5 s, 1 9 2 6 ................M&S 104*3 105
E qu ip m en t. 2 d m ort., 5s ....F & A
98*4
Chicago & North Western......1 0 0 125% 126
104*3
S t.Jo. & Gr. Isl’d— lst.g u a r.6 s .1 9 2 5 .
98
In com es, oum ul., 6s, 1 9 2 7 ...J & J
do
Pref., 7 .. 100 151 152*3
71
74
G en. 5s, gu ar., 1 9 3 6 ........... M&N
2 d m ort.. Incom es, 6s, 1 9 2 5 .........
88
86
Chicago Rook Island, & P ao....1 00 136*3 137*3
S t.L .A lt.& T .H .—1 st M ., 7 s, ’ 9 4 .J&J 115*8 117
W abash St. L ou is & P a cific
Ohio. St. Louis & Pitts...............100 18*3 19*3
2 d m ort., p re f., 7 s, 1 8 9 4 . . . . F&A 110*3 113
i s t , e x t ., 7 s, ’9 0 , e x .......... ..F & A
112*s 114
48*s 49*s
do
pref........ 100
93
2 d In com e, 7 s, 1 8 9 4 ............M & N 105
95
M ort., 7s, 1 8 7 9 -1 9 0 9 ............ A & O
53*3
Chlo. St. P. Minn. & 0 m .,oom ..l00 S3
47%
D iv . b on d s, 1 8 9 4 ..............................
2 d m o rt., 7 s. e x t. 1 89 3 , e x ..M & N 103*3 106
do
pref.. 100 116 116
B ellev .& 8.111.,1st,S .F .8s.’9 6 .A & 0
E qu ip m en t 7 s, 188 3 ..............M&N
53
58*3
Chicago & West Michigan......1 0 0
B ellev.& C ar., 1st 6s, 1923. .J & D
G en ., 6s, 192 0 , T r. r e o .......... J& D
60*3 Cin. Hamilton & Dayton..........100 1 50
160
99% 100
Bt. L. A rk. & T ex. 1st 6a,1936.M & N
C hic. D iv ., 5s, 1 91 0 g o ld ........J & J 102 102*3
94
100
do
Pref..........
50% 5 0 V
2 d m ort., 6s, 1 9 3 6 ................... F& A
H a v a n a D iv ., 6s, 1 9 1 0 ......... J& J
89
Cin. Indianap. St. Louis & Chio.100 88
B t L ou is & I. M t.—1 st, 7 s, ’92, F&A 111*3 112*4
Indianan. D iv ., 6s, 192 1 .. ..J & D
100
Cincinnati & Milford.......... .
102*4
2 d m o rt., 7 s, g ., 1 8 9 7 .............M&N,
97
D etroit D iv .. 6s, 1 9 2 1 ............J & J
111*4
55
53
99*3 Cincinnati N. O. & Tex. P a o ....100
A rk . B r. 1. g r., M ., 7 s, g ., ’95.J& D
1C8
C airo D iv .. 5s, 1 9 3 1 ............... J&J
Cin. Sandusky & Cleveland........ 50 28*3 29
C airo A rk . & T .,ls t ,7 s ,g .,’ 9 7 .J& D 111*3
C on s.m ort..7 s,1 9 0 7 ,e o n v e rt.Q —F
94*s
do
Pref., 6.50 51*4 53
C airo & F u l., ls t,l.g .,7 s ,g .,’ 91. J& J 108*3 108%
113
1st. St. L. d iv ., Vs, 1 8 8 9 ....... F&A 111
4*a
Cin. Washington & Balt.............100
5*3
94
G en. eon . r’y & 1. g ., 5 s,1 9 3 1 A & 0
95
G t W e s t , H I.,1st, 7 s, ’8 8 ...... F& A 112 113*3
8
8*9
do
p ref.. 100
B t L ou is & Ban F ra n .—2 d ,cl. A M AN 113
do
2 d , 7 s , ’9 3 . . . . M&N 103*3 105*3 Clev. Col. Cin. & Indianapolis.. 100
65
65*3
2 d M ., cla ss B , 1 9 0 6 ................M&N 113
90
Q’n o y & T o l., 1 st, 7 s ,’9 0 . . . . M&N
91*« 9 1 %
Cleveland & C anton................... .
d o cla ss C, 1 9 0 6 ............... M&N 113
111.& 8 .I a .,1st, 6 s, 1 9 1 2 ........ F & A
41*9 4 1 %
do
do
Pref..
Bo n th P a cific.—1 st M. 1 88 8 .J& J 103% 104
S t L .K .0 . & N. (r.est.A R .),7s.M & 8 112*3 114
Clev. & Pittsburgh, guar., 7 ....... 50 153 153
105
K a n .O .& 8 w ., lst,6 s.g .,1 9 1 6 ..J & J
d o O m .D lv .,ls t7 s ,1 9 1 9 .A & 0 123*4 124*4 Columbus & Xenia, guar., 8.........50 173
P ie rre C. & 0 . 1st, 6 s .............F& A 115
d o Olar. B r., 6s, 1 9 1 9 .. F & A
60
33*3
Col. Hock. Val. & Tol.................100 33
E q u ip m e n t 7 s . 1 8 9 5 . ............. J& D 105
118*3 Columbia & Greenville,pref....lOO
d o N o. M o., 1st, 1 8 9 5 .. .J&J 118
45
38
G en era l m ort.. 6s, 1 9 3 1 ..........J& J 114
114*9
d o 8 t. C ha’s B rid ge 6s, 1908
106
Concord......................................... 50 133 135
G en era l m o r t.,5 s , 1 9 3 1 .. . . . . J & J 1 0 0 V 1 0 1
W ab. F un d, 1 90 7 —V ar. 7 s . F& A
Concord & Portsmouth,guar. ,7 100 118 1 50
F t.S .& V .B .B d .,ls t,6 s , 1910. A&O
109
do
V ariou s 6 s ............ F & A
Connecticut & Passumpsio.......100 112*3 113
•Bt.L.K.&So.W . - 1 s t 6 s, 1916M & S
W .St. L . & P .— I o w a D . 6s, Tr. reo
Connecticut River......................3.00 1 96 1 97
T ru st b ond s, 6s, 1 9 2 0 ........... F & A c ......... 1Ï Ô V W arren (N .J.)—2 d , 7 s, 1 9 0 0 ..A & O
Dau bury & Norwalk.................... 50
Bt. L. W . & W ., 6s, 1 9 1 9 ........ M&8 c ......... 109*2 W est C hester—C on. 7s, 1 8 9 1 ..A & O 1 1 0
111
Dayton & Michigan, guar., 3*3..50 75
L23
S tL .V a n d .& T .H .-ls t M .,7 s ,’97.J& J 119
W. J e rs e y & A t. 1st M .,6 sl9 1 0 M & S 106
do
Pref., guar., 8.50 1 70 171*9
2 d m ort., 7 s, 1 8 9 8 ...................M&N
LOS
W est J e r s e y —1st, 6s, 1 8 9 6 ........J&J 115
Delaware & Bound B ro o k ...... 100
2 d , 7s, gu ar., ’9 8 ....................... M&N 106
1 st m ort., 7s, 1 8 9 9 ...................A & O 122
Delaware Laok. & Western........ 50 139*8 139*«
S t P . A D uluth—1st, 5s, 1 9 3 1 .F& A 1 1 0
C onsol, m o rt., 6s, 1 9 0 9 ...........A& O
Denv. & Rio Gr...........................100
31*3 32*4
8 tP .M ln n .& M an.—1st 7 s ,190 9 J&J 116
L
18
W est S hore gu ar. 4 s..................... J& J 103% 104
6 6 % 671*
do
do
pref.100
2 d 6 s, 1 9 0 9 ................................A & O 12 0
W est’n A la .— 1 st M ., 8 s, * 8 8 ...A & O 10 2
20
103
19
Denver & Rio Grande Western....
D a k . E x t . 6s. 1 9 1 0 ................M&N
119
2 d m o rt., 8 s, g u ar., ’ 9 0 ..........A & O 108*s 109*3 Dos Moines & Fort D od ge...........
16*9 17*3
1 st con sol. 6s, 193 3 ............... J& J 119*3 .20
W est.M aryl’d—3 d e n .,6 s , 1900. J&J 123
1 29
35
38*9
do
do
Pref.,
do
red u ced to 4**s ..J & J 100*3
W’nN o.C a rolin a —lst,7 8 ,1 8 90 .M & N
55
Dot. Lansing & Northern, com .100 5 0
M in n ’s U ’n, 1st, 6s, 192 2 ....J & J 1 1 2
C onsol. 6s, 1 9 1 1 .........................J& J
96
98*s
do
do
Pref.100 115 L17
San A n t.& A . Pass., 1st, 6s, 1916. J&J
91*3 W est’nP en n .—1 st M ., 6s, ’ 9 3 . . A & O 105*3
Dubuque A Sioux City...............100
do
ls t ,6 s ,1 926. J& J
90
P itts. B r., 1 st M ., 6 s, ’ 9 6 ........ J&J 105*s
East Tenn. Va. & Ga. Ry.......... 100 1 4 V 14%
S an d usk y M ansf. & N .—1st, 7 s ,1902
118
W heeling & L. E rie—1st, 5 s , ... 1 92 6 10 2
105
76
74
do
do
1st pref.. 100
S av. FI. & W .—1st, 6s, 1 9 3 4 .. A & O 110
112
W ichita & W estern—1st, 6 s _ J& J
_
106*3 107*2
27*3 2 8
do
do
2d p r e f...100
A t. & G u lf, con . 7 s, ’9 7 ...........J&J 119
121
Wilm. C olu m bia & A u gu sta , 6 s ____ 1 2 1
East Penn............................
30 5 4 6
48
Bo. Ga. & F la.—1st, 7s, 1 89 9 .......... 118
119
W11.& W eld on —S. F ., 7s, g., ’9 6 . J&^ 1 2 1
East & West, Alabama
2 d , 7s, 1 8 9 9 ...........................M&N 112
113
W iscon sin C ent.— 1st ser., 5s, 190 9
99
99*3 Eastern (Mass.)..........................100 123
1 29
S cioto V al.—1 s t ,7 s, s in k ’g id ..J & J
99
100
2d series, 7s, 190 9 , i f e a rn e d . . . .
64*3 65
137
do
Pref
137*9
2 d m ort., 7 s, sink’g i d ............A & O
70
75
Wis. V a lley— 1st, 7 s, 1 9 0 9 ..........J& J 1 24
1 26
Eastern in N. H.......................... 100
C onsol. 7s, 1 9 1 0 ........................J&J
70
Wo re ’r & N ashua— 5s, ’ 9 3 - ’9 5 . . Var, 103
108*3 Elizabeth Lex. & Big Sandy.... 100
13
17
Sham . Sun.& L ew .—1st, 5s,’ 12 M&N
83
N ash. & R o e h .. gu ar., o s . ’ 94. A&O 108
108*s Elmira & WllUamsport, 5 .......... 50 5_45
S b a m .Y .A P otts.—7s. cou . 1901J& J
R A I L R O A D S T O C K S . Par
do
Pref., 7 .. 50 5 65
S aen an doan Val. -ls t.7 s , 1 9 0 9 .J&J 108
109
Ala. G t. South.—L im ., A ., 6 s ,p re f.. { 1 0 % 1 0 % Evansville & Terre Haute. ......5 0
99
97
G en era l m ort., 6s, 1 9 2 1 ........A& O
52*S
53
L im ., B , c o m .........................
4
{3*3
Fitchburg. P r e f....,..................100 108*4 108*s
S hreve. & H o u s — 1st. 6 b, gu ., 1 9 1 4
60
70
A la. N. O. & P a c., A c ., p r e f.............
3
t*
3 7 V 37*4
Flint & Per© Marquette.......
S iou x C. & P a c., 1 st M ., 6s, ’9 8 .J&J 108% 109*4
do
do
d e f...
1
:%
105
do
do
Pref
105*9
S od us B a y * So.— lst,5 s,g .,1 9 2 4 J & J
A lb a n y & S u squeb., G u ar., 7 . ..1 0 0 150
150
1
Florida R’y & Nav. C o .......
2*3
96
So. C arolina—1 st M .,6 s,1 9 2 0 .. A & O
98
A llegheny V a l l e y ............................ 5 0
do
pref................ .........
2
3*9
2 d m o r t , 6s, 1 9 3 1 .....................J&J
65
70
A tch ison T o p e k a & S an ta F e .. 1 0 0 1 1 6 V 1 1 6 V Fort Wortn & Denver C............100
43
43
In co m e 6s, 1 9 3 1 ...............................
19
20
A tlanta & C h a rlotte A ir L i n e ..........
90*2 91*3 Galv. Harris!). & San Antonio
Bo. Cen. (N .Y .)—C onsol, m ort., 5 s ..
45
50
A tla n tic & P a cific............. ............1 00
14*4 1 4 V Georgia Pacific................................
18
*21*9
South. K an sa s—1st, 5 » ............. M&S 1 0 1 V 1 01V A ugu sta & S avannah, le a s e d . . . 1 00
136
137
Georgia Railroad & Bank’g Co.lOO 1 9 3 195
In com e, 6 s . . . ..........................
9 4 V 95
B altim ore & O h io...........................1 00 163
165
Grand Rapids & Indiana................
10
15
8 *.Pao,CaL— 1st,6 s,g .,1905-12 A& O 113% 113*3
do
1 st p r e f .,6 . . . . 1 0 0 132
Green Bay Winona & St. Paul.. 100 15*3 16
Bo. P a o.,A riz.—1st, 6 s,1 9 0 9 -1 0 . J& J 114*4 115
do
2 d , p r e f . . . .............. 120 J3Ö ”
do
do
P ref....1 00
28
27*4
Bo. P a c.. N . M .— 1st, 6s, 1911 .J & J 108*3
P a rk ersb u rg B ra n ch ..................i o o
6*3
7*4 Houston & Texas Central........ 100
29
32
S ou tbw estern (Ga.)—C on v.,7 s, 188 6
B e e ch C ree k ................................ . . . 5 0
40
40
Huntingdon & Broad Top.. .....5 0
18
S taten Isl. R a p id Trans.— 1st m ort.
do
p r e f .............................. 5 0
85
85
do
do
P r e f...50 \ 3 7 V 38*a
Steuben. & ln d ., 1st 6s, 1 91 4 . .J& J 109*3
B ell’s G a p .........................
..5 0
46*2 IlUnols Central........... ............... ioo x l 2 7
128
S tock. & C op .—1st, 5s, 1 90 5 . ..J & J
B oston & A lb a n y ........................... i o o 2 l 2 *s 213
do
Leased line, 4 p. o. 100 97 100
S anunit B r . - l s t , 7s, 1 9 0 3 ........J& J
Boat. Con. & M o n t r e a l ...............100
Indiana Bloom. & West.,ass. pd.100 24
25
S anb.Ilaz.& W -B .—l8t,5s,1928M & N
104% „
^ „ do
P re f., 5 ... 1 0 0 110
110*4 Iowa Falls & Sioux City........ ..100
2 d m o r t , 6s, 1 9 3 8 ...........
m &N . . . .
..........
99
Boat. H art. & E rie, K n o w l.a g re e ’ tn
5%
5*8 Jett’v. Mad. & Ind’p’s, leased.. 100 w
S asp.B .& E rieJu nc.—1 s t M .,7 s........ f i i o
110
115
B oston H oosa o T un . & W e s t e r n ....
26
28
Kanawha & Ohio.............................
6
4*9
S yr.B lng.& N .Y .—c o n s o le s ,’0 6A & O 132*4 134
1324
B oston & L o w e ll.............................10 0 169% 170
do
1st p r e f.............
21
19
T e x . C e n t —lst,sk .fd .,7 s,19 0 9 M & N
80*2 82
B oston & M aine............................ ! l 0 0 2 34
235
do
2d pref...............
1 st m ort., 7s, 191 1 ..................m &N, 80*3 8 2
9
10*3
B oston & N . Y . A ir-L in e, p r e f . . . . . .
10 1
99
Kansas City Ft. Scott & Gulf.. .100 79% 8 0
T ex a s & N ew O r le a n s -ls t ,7 s F& A 115
B oston & P r o v id e n c e ..................! i o o 233
2 40
do
do
pref.. 100 135 140
Sabine D iv ., 1st, 6s, 1 9 iV . I m & I! 104
104*3 B oston R e v e re B e a ch & L y n n .. 100 1 5 0
Kans. City Springf.A Memphis......
79*3 8 0
T e x .& P a o .—lstM ..6 s ,g .,l9 0 5 .M & 8 l 115
B rook ly n E le v a te d ., n e w .................
70
Kan. City Clinton & Spriugf’ld. 100 4 0
43
C ons. M ., 6 s, g. 1 9 0 5 .tr. rec. J&D.l 102*3 103*3 B rook ly n & M o n ta u k ................... 1 0 0 I 65
102*2 103 *aj
10
Keokuk A Des Moines............... 100 1 0
t
1 9 1 5 -J u ly . . . .
10
62
$3
do
P r e f ...........10 0
30
....
do
pref............... 100
R io Gr. D iv.. 6s, 1930, Trust rec.
78*6 78*3
78V
!Buff. N . Y . & E rie , le a se d ........... 1 00
Kingston & Pembroke...................
45*3
45
G en.M .& ter. <5s,1905 tr.rec.A & O .I 7 0 % 7 2 V
4o2
Lane Erie & W estern.............. 100
11*3
W.O. P a c., 1st, 6 s ,g o ld , 1 9 2 0 .J & J 1185*4 72V||BuffaloN. Y . & P h ila .,a s s .p d ....5 0 6* Y i*a 1 2
23
23
86 M
afl
do
do
P r e f . . .5 0
*
9 1.. ..
do.
pref
58
58
1
ate tra n saction s, t P u rch a ser also p a y s a ccru e d interest. { i n L o n d o n | C o u p o n off. § P rice p e r share, c In F rankfort.
|
.... .
T H E CH RONICLE.
710
GENERAL
QU OTATION'S
OF
STOCKS A N D
[V O L . X L I V ,
BON D S— C o n t i n u e d .
F o r E xplan ation s See Notes at H ead o f F irst Page o f ^ n o ta tio n s.
R a il r o a d St o c k s .
B id .
M is c e l l a n e o u s .
A sk.
B id .
A sk .
M is c e l l a n e o u s .
B id .
A sk .
M is c e l l a n e o u s .
B id .
A sk.
iSouth B o s t o n ......... 1 00
C O A L & M IN IN G
B E . STOCKS.
B rook lin e, M a s s ...1 00
S T O C K S , N .Y .
C o n t in u e d .
45
40
C am b rid ge, M a ss.. 1 0 0 178
C am eron Iron & C oa l5 0
P re f.1 0 0
67% 97%
do
L . 8 b . & M ich . S o. 4 0 0
51% 5 1 % C helsea, M a s s ........1 0 0
C olorad o C oal & 1 .1 0 0
1 20
8
5 5 7e 56
L e h ig h V a lle y ......... 50
4 6 % D orch e ste r, M ass. .1 0 0
46
Col. & H o c k .lO O .C & I .
12
49
50
8k
L it. R o c k & F t.S m .1 0 0
J a m a ioa P l’n.M asslOO
C on sol.C oa l o f M d .1 0 0
=
k
L it t le M ia m i............5 0 170% .72
L a w re n ce , M a s s ...1 0 0 149 %
15% 16
10% 10% H om esta k e M in’g .1 0 0
56
*
L it t le S chu’k ’l ..........50
5%
L o w e ll....................... 1 0 0 2 15
K in g sto n & P em . I r o n .
35
34
09
S<
98
L o n g I s la n d ............... 50
15
12
L yn n , M ass., G . L ..1 0 0 115
131% 132% M a ry la n d C o a l . . . . 1 00
........ g»
L ou .& M o. R iv e r .. .1 0 0
15
13
Maid. & M e lr o s e .. .1 0 0 1 07
N ew C en tra l C oal .1 0 0
........îi
do
P r e f........... 100
70% 7 0 % N ew ton & W a t’n ..1 0 0 140
1 0% 11
N. Y . & P e r r y ........1 00
14% 15
3i
L o u . E va n s. & St. L.100
25
24
S alem , M a s s .,. . . . . 1 0 0 1 1 2
48
O n ta rio Sil. M in’ g .1 0 0
32% 3 4
8)
d o.
P r e f.1 0 0
2 70
B ro o k ly n , L . 1 ..........25 1 05
P e n n sy lv a n ia C o a l.50 2 66
100
6 7% 63
r
L o u is v . & N a sh v .-lO O
6% 7 % IC itizens’ , B r o o k ly n .2 0 54
34
34*e Q u ick silv e r M in’g .1 0 0
62
64
r
L ouisv.N .A .& C hio.lO O
32% 3 3% M e tro p o lita n , B ’ k ly n .
85
do
p re f.1 0 0
23
26
....... r
M a co n & A u g u sta ........
39
39
N assau, B r o o k ly n ..2 5 1 ” 4
I l o . 13o. T enn .C oal& IronC olO O
V
M a in e C e n t r a l . ...100 147% (48
P e o p le ’s, B r o o k ly n .10
60
62
51
W yom ing V al.C oa l.1 0 0
32
28
227
T
M an . & L a w ’c e . . . . l 0 0 2 26
W ilu am sb ’g , B ’k ly n 50 1 20
1 25
E X P R E S S S T ’C K S
55% 5 7
P ref.
17
18
do
M a n . B ea ch C o ... 1 00
C h arlest’ n ,8.C .,G a s.2 5
18
A d a m s.......................100 145
3t. L.
M a n h attan , c o n ... 1 00 160 % 160% T
118
C h ica go G .& C o k e .1 00 160
A m e rica n ................. 1 00 115
p r e f.
43
40
do
M ara. H . & O u t.. .1 0 0
6 8% 72
C in cin n a ti G . & C o k e . 1 8 2 %
U nited S ta te s ____ 1 00
2 17
L03
C
do
P r e f ..1 0 0 1 00
H a rtfo rd , C t., G . L ..2 5
30
W ells, F a rg o & C o .1 0 0 1 33
61% 62
61
61
C
M em p h .A C h a r i ... .25
J e rs e y C .& H o b o k ’n 2 0 1 65
T E L ’ P H STOCKS
- 15
18% 18% C
M e x ica n C entral ..1 0 0
P e o p le ’ s, J e rs e y C ........ . 7 ?
AN D BONDS.
1 23
1 0 7s 1 1 % Í
M e x ica n N a t io n a l....
76
78
L o u isv ille G . L .............
A m erican T el. & Cable
141 % 142
39% 39% V
do
p r e f ..
54
C en tra l o f N. Y ........50
6 A tla n tic & P a cific st’k 48
M ich ig a n & O h io ..........
2% C on solid a ted , N .Y .1 0 0
B an k’s & M erch ’ts.1 0 0
¡>ref...
do
do
P r e f..
5
E qu ita b le, N. Y .............
G en era l m ort. c e r t ..
41
V
M ich ig a n C e n t ... . 100 '*9*3 ’ 93
M utual o f N . Y . . . . 1 0 0
B altim ore & O hio
20 % 2 1
......... \
30
M id la n d o f N ew Jersey
100
96
N. O rleans G . L . ..1 0 0
3 6 % 3 6 % C ent. & So. A m . C able
P r e f.1 0 0
9 4%
do
MIL L a k e S. & W ..1 0 0
P ortla n d , M e., G . L .5 0
C om m ercia l T e l. C o ...
do
p r e f.1 0 0 117% 118% V
33
25
St. L o u is G as T r . . . 100
F r a n k lin .... . . . . . . . 1 0 0
61
70
1
55
M il. A N orth ern ...........
L a cled e, St. L o u is . 1 00
G o ld & S to c k ........1 00
49%
57% ......... 1
M in e H ill A S .H ....5 0
102
U nited G as I m p ., P h il.
13% 16
B o n d s ...........................
20
V
19
M ln n eap . A St. L ..1 0 0
155
140
W ash ’to n C ity G . L .2 0
60% 6 0 78 M e x i c a n . . . . .......... 1 00
46% y
46
do
P r e f . . .1 0 0
78
G O L D A S IL V E R
120
N. Y . M u tu al U n . T e l..
3 1 78 32
l l l s s o ’l K an. & T e x . 100
86% M I N I N G S T O C K S ^
M u tu al U n io n 6 s . . . .
125
95
M issou ri P a c ific . . . 100 1 09 % 1 10 %
(N. Y . & S A N . F R A N .)
N’ w est.. 7 ». 1 9 0 4 .J& J
2 7 % 28
14
16
1
M o b ile A O h io ........1 00
A lic e ..................................
50% P o sta l T e le g r a p h .. 100
50
P r e f.
140
do
M orris & E ’x , g u .,7 .5 0 139
A lta M o n t a n a .... .1 0 0
1 42
143
B on d s, 1st 6 s . .
86
85
N a sh v .C h a t.& St. L .25
32
25
A m i e ...................... .. . 1 0
P osta l T . & C able
CANAL BONDS.
N ashu a A L o w e ll. .1 0 0 169% 170
B a ro e lo u a .......... ..
92*4 So. T e l., 1 st m ort, b ’ds
54
(
N ’squ eh on ln g V a ll’y 5 0 \ 53
78
B assiok.................. ..1 0 0
S outh’n & A tla n tio .2 5 ■7 Ö '
C
4
N ew J e rs e y A N . Y . . . .
7 7% 7 7% B e c h t e l..
110 110% W estern U n io n ___ 1 00
do
Pref.
117
B elle I s le ..................100,
110
7 s, 1 9 0 0 , M. & N ..
1 st e x t ., 1 8 9 1 ..M &N 1 06
i%
1%
N . J ersey S ou th ern ..
B o d ie ..........................1 00
TELEPHONE
Coup. 7s. I 8 9 4 .A & 0 116%
M. N ew s & M iss.V al.C o
B u lw e r...................... 1 00
STOCKS.
1 st P a .D .cp .,7 s,M & 8 141
N . Y .O en t.A H .R lv .1 0 0 1 13 % 113%
1 -50
C aled on ia B . H — 1 00
A m e rica n B e ll........1 00 222 2 24
108 % 109
19% 1 9 % : jOliigli N a v .- 4 % s, ’ 14
N .Y .C h .& S t.L . ass. 100
C onsol. C a lifo rn ia . 100
A m er. S p e a k in g ... 100
R R . 6 s, r e g ., ’ 9 7 .Q -F 115
35% 3 6%
d o P re f., a ssen t. 100
"3 5 "
3 5 % C h r y s o lit e .................. 50
E r i e ... .............................
O on v 6 s,g .r g .’94M &S 110
N e w ls t p r .,w h e n iss
1% 1% C h o lla r...................... 1 00
116
M e x ica n ..........................
6 s,g .,cp .& rg ..’97J& D 115
N e w 2 d p r.,w h en iss
4 5 % 45% C onsol. P a c i f i c .. .. 100
N ew E n g la n d ...............
C on s.M .,1 9 1 1 7 sJ & D 133
N . Y . C ity A N orthern
50c, 75o. C row n P o in t ........... 1 00
8 6 % 8 7% T ro p ica l....................... 10
226
•40
N . Y . & H a rlem . . . . 5 0 2 23
D u n k in .............................
E L E C T R IC
109
N .Y .L a ck .& W est...lO O 109
7-00
E ureka C o n s o l.... 1 00
L IG H T STO CK S.
90
1 st M ., 6s, 189 7 .Q -M
34% 34%
N .Y .L .E rle A W est. 100
75
F ather D e S m e t . . 1 0 0 1
73
B rush, B a lt.............. 100
50
2 d M ., 6s, 1 9 0 7 .-J&J
7 4% 7 5 %
do
P re f.1 0 0
105
95
G old S trip e
B rush Illu m in a t’g 100
22
M ort. 6s, c p . ,’ 95 J&J
58% 59
N .Y . A N. E n gla n d . 100
210
G o o d s h a w ................ 100
E d is o n .............................. 2 35
133
6s, im p ., cp ., ’ 8 0 M&N
do
P ref.1 0 0 132
102
G ou ld & C u rry S..100| 5-25
98
E d ison Illu m in a tin g ..
6 s,bt& ca r,1 9 1 3M & N " ¿ Ó "
233
N .Y .N H .& H a rtf.lC O 233
•30
G reen M o u n t a in .... 10
40
50
U nited States
22
7s,bt& ca r,1 9 1 5M & N
1 8 * 19%
N .Y . O n t. A W e s t .. 100
5 ‘75
H ale & N o ro ro s s. .1 0 0
95
90
U n ited States III. C o ..
8usq.—6 s,cp ., 1918 J&J
N .Y . P en n . A O h io . . .
1 0 0 .........
H orn S ilv e r.....................
T R U S T C O .’ S
I
7s. cou p ., 1 9 0 2 ..J & J '
do
P ref
I n d e p e n d e n c e ........100
S T O C K S , N .Y .
N .Y . Susq. & W estern . *1*2% " Í 2 % CANAL STOCKS.
2-70
Iron S ilv e r.................. 20
Am. L o a n & T ru st.1 0 0 130
36% 36% C hesapeake & D e l. .5 0
do
P ref.
•12
•14
L a crosse.............— 10 j
104% B ro o k ly n T ru st........25 3 5 5
104
2 * . . . . . . Del. & H u d s o n — 1 00
N .Y . W est S hore & B . .
•54
u e a d v ille C o n s o l. . . . 10
C e n tra l...................... 100 4 45
22
Del. D iv . l e a s e d ,8 ..5 0
20
N o rf.& W e st,, c o m .100
•27
•30
L ittle C h i e f ..............5 0 1
j" 5 0 % * 5 0 % F a rm ers’ L oa n & T r.25 4 5 9
5 2 7e 53*6 Lehigh N a viga tion . .5 0
do
p re f.1 0 0
•35
•40
Little P itts ......................
K n ic k e rb o ck e r — 100 1 40
80
70
M orris, gu a r., 4 — 1 00
N o. P e n n s y lv a n ia ..50
6-00
M exica n G . & S ilv .1 0 0
165
200
L o n g I s la n d ..........190
d o p f., g u a r .l0 ..1 0 0
N orth ern C e n t r a l.. .5 0 " 8 9 " 90
1-40 ..........
N avajo . . . ..............1 00
_
M e rca n tile........... 100 200 210
P en n sy lv a n ia ........... 5 0
N orth ’ n N. H a m p .1 0 0 147% 148
10-75
O p h ir........................... 10 1 0-7 o
M etrop olita n . . . ..1 0 0 140
32 > 3 2% S ch u y lk ill N a v .----- 50 6 3
2
N o rth ’n P a o ., 00m . 100
P otosí.........................1 00
N. Y . G u ar. & I n d ..l0 0 115
62%|
do
d o p r e f. 5 0 } 6%
62
do
P r e f.1 0 0
•2Ó
•2L
R ap p a h a n ook...............1
N. Y . L i f e & T ru st.1 0 0 5 70
182% MISC’ LLANEOUS
N orw . A W orcester. 100 182
•03
Rea E le p h a n t ..........10
U n io n ......................... 100 4 4 5
18%
BONDS.
18
O g d . A L. C h a m p .100
•42:
•38
R obinson C o n s o l.. 5 0
U nited S ta tes..........100 5 50
3 0% C an ton (B alt.) 6 s,g., ’ 0 4
30
O h io A M iss............ 1 00
5 '2 5
3 ie r r a N e v a d a ....... 1 00
N .Y . A B R ’ K L Y N
92
U n. R R .,l s t , end. ,6s.
188
do
P r e f. 100
, -Í8
S ilv er C l i f f . ..............50
104%
HORSE RRS.
C ol.Coal& Iro n — 1st,6s
O h io S ou th ern ........1 00
1-00 1-19
S ta n d a r d ........ . . . . . 1 0 0
30
28
100 % B le e ck e r 8C.& F u lt.F ’ y
191
C ov.& C in.B ge. 5s, 3 -5 y 100
O ld C o lo n y ............. 1 00 1 90
4 -50
U nion C o n s o l..........100
116
1 st m o rt., 7 s, 1 9 0 0 .. 112
11
5s, 5 y e a r s ........ M&S 101
O reg.& C a l. ass. p d .1 0 0 110
B O S T O N M IN IN G
205
22 H e n d ’ n B rid g e6 s, 1931 103% ï ï o " B ro a d w a y & 7 th A v ...
d o P ref. a ss.pd 100 (21
S T O C K S .^
106
1 st m o rt., 5s, 1 9 0 4 .. 103
98% 99
2 8% Or. Im p ., 1 st, 6s. 1 91 0
28
O re g o n S h ort L i n e .. ..
1%
1
AJlonez........................ 25,
2 d m ort., 5s, 1 9 1 4 ... 1 05 %
3 3% 34% O reg.R .& N . 1 st.6s, J & J 111 112
O regon T ra n s -C o n t___
9
8%
100
A tla n t io ...................... 25|
B’ w a y S urf., gu .,5 s,’ 24
D eb en tu re 7s, 1 8 8 8 .
O s w e g o & S yr., g u a r .. 1 5 0
4%
4*4
1 00
B run sw ’k A n tim o n y . 5
G u ar., 5s. 1 9 0 5 .........
56%
C on. 5s 1925 J .& D .. 102% 103
P e n n sy lv a n ia R R . .5 0 650*6
2 12
1 09
C alum et & H e c l a . . . 25 2 09
B rook lyn C able R R .,6 s 1 07
Pullm ’n P a la c e C ar—
10 % 13
Fensaoola[& A tla n tic.
30o. 320.
170
C atalpa S ilv e r ..........10
BrookLyn C ity ............... 160
3 d series, 8 s,’ 8 7F & A
38% 38%
P e o ria Deo. A E v .. l 0 0
20
18
110
C en tra l........................25
106
1 st m ort., 5 s, 1 9 0 2 ..
67
4 th d o
8 s ,’9 2 F & A
66
P e t e r s b u r g ............. 100
1
175
C op per F a lls ............. 50
B ro o k ly n C ro ss to w n .. 165
3 0%
D e b ’n t’re,7 s,’8 8 A & 0 102 %
P h ila . A E r i e ........... 50
1 08
F r a n k lin .................... 25 1111% l i %
105
1 st m ort., 7 s, 1 8 8 8 ..
3t. L . B rid g e & T un—
P h iL G erm . A N o r. .5 0 Ï1 6 *
3
3*4
1 55
H u r o n ........................ 25
138
B u s h w io k A v . (B k lyn .) 1 50
1st, 7s, g , 1 9 2 9 .A & O (1 34
P h il. N ew t. A N. Y ..5 0
75o. .........
1 60
M in n e so ta ................. 25
105
C entral C r o s s t o w n .... 1 5 0
52% 5 2 % T en u .O .& I.,oon .6s..
P h ila . A R e a d .c e r t ..50
75c.
50o.
120
N a t i o n a l .................. 25
1st m ort., 6s, 1 9 2 2 .. 1 16
S outh P itts, 1st, 6s
do
P r e f. .. . 5 0
27*4
27
96
O s o e o l a .....................25
90
C entral P k .N & E .R iv .
87
B ir. D iv . ls t .6 s , 1917
68
P h ila . W ilm .& B a lt .50
2%,
2
P e w a b ic .....................25
C onsol. M ., 7s, 1 9 0 2 . l i é * 1 2 0
20
MISCELLANEOUS
P itts . Cin. A St. L .. 5 0
4 9% 5 0
126
Q u in oy.........................25
C hristop her & 1 0th St. 1 2 4
STOCKS.
P itts . A C on ., l ’ s e d .5 0
75e. *1
5 0%
50
B on d s, 7s, 1 8 9 8 ........ 110 1 1 2 % R id g e ........................... 25
152
A m er. C otton O il trusts
P it ts . F t.W .& C ..guar. 7 1 52
89
87
1 55
T a m a r a c k ................. 25
10% 10% D r y D k . E .B .& B attery 1 53
A sp in w all L a n d .... 1 0
F it ts . M c K ’ p t, deY ou .. 1 04
9% 10
1st M ., co n so l.7 s , ’ 93 110 1 02 % M A N U F A C T * I N G
B oston L a u d .. . . . . . . 10
P itts b u r g A W e ste rn ..
107
STOCKS.
11% 11%
S crip 6s, 1 9 1 4 . . . . . . . 1 05
B oston W a ter P o w e r ..
P o rL S a co & P orts,lsd 6 134 % 135
800
1 70
A m . L in en (F a ll R iv .) 7 7 5
7
E ig h th A v e n u e ............. 165
6 7s
B rooklin e (M ass.)L ’d 5
5
P o r t R o y a l A A ugu sta
119
110
A m o ry (N. H .) ........1 00 118
58
S crip 6 s, 1 9 1 4 ........... 1 0 7
1 16
C anton Co. (B a lt.). 1 00 55
P orts. G t.F .& C o n .lO o 115
A m o sk e a g (N .H .) 100 0 2 45 0 2 4 5 5
210
4 2d & G ran d St. F * y .. 200 2 15
C ev. A C in. B rid g e , p f.
P r o v . A W o r c ’s te r .1 0 0
1 17
A n d ro s o o g ’n (M e.).lOO 113% 1 1 4
8%
8%
1 st m ort., 7 s, 1 8 9 3 .. 112
176
E ast B oscon L and. . . .
H ens. A S a r a to g a .. 1 00 1 7 4
6 80
43
A p p le to n (M a ss.). 100 0 6 75
40
9% 4 2 d S t.M a n .& S t.N .A v .
9%
F ren ch m a n ’s B a y L d .
4
3
R ic h . A A lle g ., r e o ___
116%
111
A tla n tio (M a ss.). . .1 0 0 116
150
1st m o rt., 6 s . . . . I___ 109
J o lie t S teel C o .. . . . 1 0 0 138
R ic h . F . A P ., c o m . 100 115
102
63 % B a r n a b y (F a ll R i v .) . . . 100
60
18
15
2 d ino., 6 s ...................
K e e le y M otor
do
G u ar. 7 .1 0 0 1 50
80
1 60
B arn a rd M fg. ( F .R .) . .
4 % H ou st.W .8t.& P a v . F ’y 1 5 5
4%
M a verick L a n d .. .. 10
1 30
do
do
6
140
B ates (M e .)..............1 0 0 1 39
101
100
1st m ort., 7 s, 1 8 9 4 .. 110 1 12
N .E .M tg .S eou r.iB ost.,
105
R ic h m ond & P ’b ’g .1 0 0 104
1360 1375
110
B o o tt C ot. (Mass.)lOOO
1 05
5 0 c. N inth A v e n u e .............
25o
37
N. H a m p sh ire L a n d 25
37
R ic h . & W est P o i n t ....
130
125
140
B ord er C ity M fg . (F .R .) 1 25
S e co n d A v e n u e ..........
N .Y .& T ex .L d .,L im . 50
74% 76
do
P r e f .............
107
B oston C o .(M a s 8 .)1 0 0>>1125 1150
0 ill2 5
1 05
1st m o rt., 5s, 1 9 1 0 .
37
L a n d s c r i p ...............
95
R ic h m o n d Y o r k R .& C
148
>
B o sto n B e ltin g — 1 0 0 145
101
5 0%
C onsol. 7s, 1 8 8 8 . . . .
O regon Im p rov em en t
30
R o m e & D e c a tu r.........
9 20
175
B o st. D u ck (Mass.)700| 9 1 0
)|
S ix th A v e n u e .............
93
O regon R y . & N .C o. 1 00 Ì 0 3 % 104
91
R o m e W . A O g d ... 1 00
95
93
C haee (F a ll R iv .) .1 0 0
110 1 15
54% 55
1 st m o rt., 7 s, 1 8 9 0 .
10*6 Paoiflc M ail SS. C o.100
10
R u t la n d ................... 1 0 0
115
C h ico p e e (M ass.) ..1 0 0) 1 14
200 2 02
T h ird A v e n u e .............
Philadel. Co. N at. Gas 108
46
47
d o P r e f . ,7 . . 1 0 0
5 50
104 % C o o h e co ( N .H .) ....5 0 0 5 25
1 03
157% 158
1 st m o rt., 7 s, 1 8 9 0 .
j Puilm ’n P a la c e CarlOO
27
29
S t. J o se p h A G ’d Isl’ d
)
7%
255
C ollin s Co. (C o n n .).. 10
245
250
T w e n ty -T h ird S t ........
2 48
44
San D ieg o L a n d ..
41
St .Louis A lt. & T .H .1 0 0
3 53% 59
C on tin en tal vM e .). 100
112 1 14
107
1 st m ort., 7s, 1 8 9 3 .
St. L ou is B ’d g e ,ls t p r e f (105
80
85
do
P r e f.1 0 0
3
Cres’ t M ills (F . R .) 100 ......... 70
54
(52
GAS STOCKS.
2 d p re f. certifica tes
23
23
S t. L . A rk .& T e x a s ___
74
C rysta l Spr. B 1 .(F .R .).
73
B alt. C onsol. G a s ........
112
St. L ou is T u n n el R R . (108
7%
9
S t. L . F t. Soott& Wich,
60
980
D a v o l M ills (F. R .) 1 00
75
B o sto n G a s lig h t .. .5 0 0 9 70
70
42
42% St. L ou is T ra n s fe r Co
S t. L ou is A San F r.1 0 0
4 2 % D ou gl’ s A x e (M ass)lOO
42
125
E ast B o sto n . . . . __ 25
8 2% 8 2 % ¡U nion St’k Y ds.& T r.C o 123
d o P r e f .. ..1 0 0
720
¡D w igh t (M a ss.). . 5 0 0 7 10
R o x b u r y ___. . . ____ 10o' 200 2 0 2
3 3 % 34
W est E n d L a n d (Bost.
119
120
d o 1 st p ref
31
31
7
86
12
87%
113%
120%
20
‘ ■a-
'¿ih
* P r ic e n o m in a l; no la te tra n saction s,
t P a roh a ser a lso p a y s a co ru e d in te re s t.
t In L on don .
§ Q u o ta tio n p e r share.
I A ssessm ent p a id , $ 3
I
J une
THE
4, 1887.]
GENERAL
M a n u fa o ’ in o St o c k s
B id .
A sk.
Q U O T A TIO N S
B’k of Chas.(NBA) 100
First Nat. Chas— .100
People’s National. 100
C h ic a g o .
American Exoh. Nat—
Atlas National—
Ohioago Nat..........100
Commercial Nat... 100
Continental Nat—.100
First National.......100
Hide and Leather. 100
Merchants’ Nat— .100
Metropolitan Nat. 100
Nat. Bk. of Amer—100
Pocasset (F. R.)...100
Rich. Bord’ntF.R.) 100
Robeson (F. Riv.) 1000
Sagamore (F. Riv.) 100
SalmonFalls(N.H.)300
8andw.Glass(Mass.)80
Shove (Fall Riv.). 100
U nion N a tio n a l.. . .1 0 0
Slade (Fall Riv.).. 100
Stafford (Fall Riv.) 100
Stark Mills(N.H.)IOOO X 1250 1275
Cincinnati.
Tecumseh (F. R.).100 98
Thorndike(Mass.> 1000 915 9*2*5 1
Tre mo utA 8. (Mass) 100 120 120%|
850
Troy C. < W.(F.R.) 500
fe
Union C.Mf. (F.R.) 100 216 % 217
Wampanoag(F.R.) 100 145 150
Waslnngt’n(Mass.)100
......
Weed Sew. M’e (Ot.)25
60
Wee tainoe (F. R.)100
48
Willlm’tic Linen (Ct) 25 4 7
York Co. (Me.)...... 750 x 9 7 5 1000
B A N K ST O C K S.
B a lt im o r e .
Bank of Baltimore 100 140 ..........
Bank of Commerce. 15 15
Citizens’ ................... 10 19% 19% ’
Com. & Farmers’.. 100 133 ......... 1
Farmers’ B’k of Md.30 31
H artfo rd .
Farmers’ & Merck. .40
59 1
Farmers’&Planters’25 46
46 %
First Nat. of Balt.. 100
123
i
Franklin.................. 60 100 ......... i Ilty.............. .........100
German Am erican.... 115
lonnectiout R iv e r 50
Howard..................... 1 12% 13% 'ar. & M eek. N a t. 100
Marine .................... 30 37% ......... 1
Mechanics’. . ......... 10
13% 13% :
Merchants’ ............100 136
1
National Exoh’ge. 100 128 ......... ¡
People’s................... 20 2u% 2 0%
Second National - 1 0 0 155 .........
Third National___100 110 .........
Union....................... 75 85% 87
L ou isville.
Western....................20 32 .........
B o sto n .
Atlantic................. 100 133% 134
Atlas................ ..100 119% 120
iCitizens’ N a tion a l. 100
Blackstone........... 100 113% 114
lity N a t................... 1 00
Boston Nat........... 100 121% 125
i’a u s C ity T ob a ocolO O
BoyIston................ 100 135% 136
•
’armera’ of Ky ...100
Broadway............ 100 102
•
’aimers’ & D rov—
100
Banker Hill..........100 187 190
i’irst Nat................ 100
Central.................. lo o 127 129
City........................ lo o 108% 108%
Columbian.............100 130 130%
Commerce...........lot) 128 128%
Commonwealth... 100 1 30 1 3 3 n
Continental..........100 119 120
¡
Eagle......................100 107 107%
Eliot....................... lo o 134% 135
j
Everett.................. IOC 99 1 00
Exchange.............. 100 129% 130
£
Faneull Hall........ 100 139% 140
£
First National.......100 2 29 2 3 0
1
First W ard.... ....1 0 0 127 130
Fourth N ational-100 112% 113
New Orleans.
Freemans’ ............. lo o 101% 102%
globe......................lo o
96% 9 6 % (
Hamilton............... lo o 126 126% (
Hide A Leather ...100 117% 118
Howard..................io o 116 116%
Lincoln............... ..100 111% 111% 1
Manufacturers’ - .1 0 0 9 6% 9 7 ll
Market................... io o 94% 95 11
Market( Brighton). 100 141 143 II
Massachusetts___250 105 105% |
g
Maverick............... io o 225 227
1
Mechanics’ (8 o.B .)100 141 142
N ew Y o r k .
Merchandise.... ..1 0 0 100 t o i
f
Merchants’ ........... ioo 141 U l% l!f
M etropolitan..... 100 116 116% I
Monument............ 1 0 0 1 218 2 22 III
Mt. Vernon... . . . . . iooi 138 140
(
New England... - 1 0 0 150 1150% (
North. .................. io o 136% 137
(
.2 5
*orth America_ 100 105% 106
_
f
OldBoston___ ____so
58*2 5 8% Ht
OP
STOCKS A N D
B id . A sk .
BANK STOCKS.
People’s ................. 100
E v erett (M a s s .)---100 ~ 3 %
Redemption..........100
F a ll R iv . Iron W . .1 0 0
Republic.................100
F. R . M ach in e C o ..100
Revere......... ..........100
F . R . M erin o C o .- 1 0 0
9 0 L 92%|| Rockland...............100
F lint M ills (F . R .) 100
Second Nat...........100
Franklin (M e.) —. . 100 100% 1101
Security.................100
115
120
G l'b e Y .M ills(F .R .)1 0 0
2 45
Shawmnt................100
G ran ite (F. R .) — 1000
95
Shoe & Leather....100
94
G rea t F a lls (N. H .)1 0 0
state....................... 100
H a m ilton (M ass.) 1000 8 00 8 05
Suffolk.................... 100
H a rtf. C arpet (Ct.)lOC 194% 200
Third Nat...............100
87% 88
H ill (M e)...................100
Traders’. . . ............ 100
H o ly o k e W. P o w e r . 100 2 25
J ackson (N . I I .) ..1 0 0 0 x 9 7 5 1000 Tremont................100
)
108
Union..................... 100
K in g P h ilip (F. R .) 1 00 105
)
4 50
Washington...........100
L a con ia (M e).......... 4 00 448
)
Webster..................100
550 5 7 0
L a n ca ster M .(N .H )40©
90
B r o o k ly n *
L ’ rel L a k e M ills (F. R .)
)
X16Ö0 1625 Brooklyn................100
L a w ren ce (Mass.)lOOO
)
First National....... 50
L o w e ll (M a ss)........690 7 8 5 7 90
130
Fulton.................
40
123
L o w e ll B le a o h e r y . 200
8 50
City N ational....... 50
L ow ell M ach .Sh op.500 8 40
C om m ercial....... 60(
78% 79
L y m a n M. (M ass.). 100
170% Long Island..........100
1 70
1040 1045 Manufacturers’ .
Mechanics’ ............ 50
- - - - - - 90
110 113
Nassau....................100
XL275 1300
C h a r le s to n .
180% 182
87
x l 7 0 5 00
110 110%
95
90
325 3 30
1675
X165C
X1080 1090
120
7 2%
70
100
108
2 70
2 60
26
25
82%
60
CH RO N ICLE
16G
129
139%
128%
150%
154
195
126%
105
123%
115%
100%
95
102%
141
127
104
142 '
127%
104%
128
3 20
1 60
3 10
150
1 15
128
210
210
132
1 20
225
2 20
130
2 05
2 00
123
153
150
1 20
2 30
140
360
160
137%
1 70
700
185
_____
124
1 20
155
125
140
20Ó
200
110
98
190
125
155
2 94
1 90
157
127%
159
149
1 45
2 90 293
141
140
102% 105
190
150
153
220
235
104
95
180
110
153
293
185
x l5 5
125
105
65
117
89
49
105
101
157
92
65
128
95
250
121
159
86
131
120
105
109
102
168
125
137
141
142
2 55
140
140
124
118
117
169
137
117
95
50
109
103
98
6 7%
100
123
161
88
132
121
106
114
104
169
140
145
143
2 57
141
142
126
119
119
170
138
119
133%
3*Ó%
29
146%
144
1 47
123% 126
122
119
128
450
4 15
60
58
108
107
113
112
178%
176
1 43
141
260
2 70
166
1 35
200
2 10
260 0
.100 3 0 0
’ P rice n om in a l; n o la te tra n saction s.
711
BONDS — C o n clu d ed .
B a n k St o c k s .
B id ,
A sk . jj I n s u r a n c e S t o c k s .
Citizens .................. 25 136
.
B o sto n .
Commerce..............100 178 182 1 m erloa n F . & M . .H X
A
Continental..........100 128
. 1 o sto n ..................... .1 0 (
B
Corn Exchange . . . 100 187
B o y ls t o n ................ .1 0 0
Fast River............... 25 133
D w e llin g H o u s e —.1 0 (
Eleventh Ward.......25 125
E lio t........................
First National.......100 150 0
. F ire m e n ’s .............. ,1 0 t
150
Fourth National... 100
M a n u fa ctu re rs’ . . .100
Fulton...................... 30 145 155
M ass. M u tu a l........ .100
Fifth Avenue........ 100 7 0 0
M erca n tile F . «& M .100
Gallatin National —
50 2 0 0
N ep tu n e F . & M . .100
Garfield........ ........ lo o 2 00
N orth A m e rlo a n . l o t
German American. .75 110
P r e s c o t t.............. - . l o t
Germania...............100 2 0 0
S h oe & L e a th e r. . .100
Green wloh...............25 115
W a s h in g t o n .......... - l o t
Hanover................ 100 170
C in cin n ati.
Importers’ & T r ... 100 3 3 0
A m a z o n (n e w stook ) 2 (
Irving.......................50 142
-2 0
Leather Manufts—100 208 2 12
C in cin n a ti............... - 2 5
Manhattan..............50 162 168
C itizen s’ .................. - 2 0
Market................... 100 166 172
C o m m e rc ia l........... - 2 5
Meohanlos’ ...............25 171 175
E a g le ........................ 1 0 0
Meehanios’ & Tr— .25 1 45
E n te rp rise .............
?n
Mercantile............100 145
E u re k a ..................... - 2 0
Merchants’ ...............50 146
F id e lit y ____ ______ 100
Merchants’ Exoh’ge50 116
F irem en ’ s ............... - 2 0
31
Metropolitan.......100
G e r m a n ia ............... 2 0
Nassau......................50 142
G lo b e ........................ „ 2 0
22 i
New Y ork ..............100
M e rch a n ts’* M a n n f 20
!N. Y. Nat. Exoh’gelOO 122 % 128
M iam i V a lle y ........ - 5 0
New York County. 100 2 0 0
N a tio n a l................. 100
Ninth National.... 100 132 137
S e c u r i t y ................. 100
North America . . . . 70 125 128
W a s h in g to n ............ 2 0
North River............ 30 130 ...... W e ste rn ................... . 2 5
Oriental......... ......... 25 1187
H a rtfo rd . C on n .
Pacifio...................... 50 (1 5 5
¿Etna F ir e ............. 100
Park....................... 100 175
C o n n e o tlo u t.......... 100
People’s....................25 165
H a r t fo r d ................. 100
Phenlx......................20 112% 1 13
N a tio n a l................. 1 00
Produce Exchange.... 112 % 114
O r ie n t...................... 1 00
Republic.................100 139 141
P h oen ix.................... 1 00
Second National..IOC 220
S tea m B o ile r ......... - 5 0
Seventh Ward.......100 120
L o n d on . Ena
Shoe & Leather.. . . 100 1 *5
C o m m e rcia l U n io n .£ 5
St. Nicholas........... 100 122% 125
G u ard ia n ................. . 50
State of N. Y ..........100 123
Im p e ria l F ir e ........ - 2 5
Tradesmen’s ........... 40 1 04 109* L a ñ ca sh ire F. & L ..2 5
210
United States Nat. 100
L on d on A ss .C o rp .1 2 %
Western National....... 110
L lv. & L oud. AG lo b e . 2
P h ila d e lp h ia .^
N o rth ’n F ir e & L ife —5
3 52
B’k of N. America .100
N o rth B rit. & M er .8 %
City National.........50
Q ueen F ire & L ife . .1
Columbiau............. 100
R o y a l In s u ra n c e .. - 3
Commercial Nat. ... 50 62%
N e w Orleans
Commonwealth Nat 50
C re sce n t M u t u a l. 100
Consolidation Nat—
30
F a c t o r s ’ a n d T r — 100
Com Exchange Nat. 50 6 1%
F ire m e n ’ s ............... 50
Eighth Nat............100
G e rm a n ia ................. 1 00
First N at;....... „ —100
H ib e rn ia ................... 100
Fanners’&Mech.N. 100 116%
H o m e ....................... 100
120
Fourth St. Nat’l....100
1 00
T
ndependence.. . . . . 10b 135
50
Girard National ....4 0 109 %
M e rch a n ts ’ M u tu allO l)
Kensington Nat...... 50
M eoh an los’ & T r .. 100
56
Keystone Nat’l ....... 50
N e w O r l’s Ins. A s s ’n 3 0
Manufaot’r’rs’ Nat. 100 112 %
N e w O r l’s In s. Co. . 50
135
Meohanlos’ N a t....100
P e o p le ’s .................. . 25
Merchants’ Nat........... 135
Sun M u t u a l ........... 1 00
Nat. B ’k Commerce.50
T e u to n ia ................... 1 00
Nat. B’k Germant’n. 50
178
Nat. B’kN. Liberties 50
N e w Y ork .
Nat. B’k Republic.. 100
A m e r ic a n .............
National Security.100
A m e r ic a n E x o h . .. 1 0 0
" 8*0* B o w e r y .................... 25
Penn National........ 50
Philadelphia Nat—100
B r o a d w a y ............. - 2 5
Second Nat............100
B r o o k ly n ................ .17
Seventh Nat.......... 100
C itizen s’ — .............. .2 0
Sixth Nat........ —..100
C i t y . . . . ................... ,70
Southwark Nat.......50 125
C lin to n ...................... 1 00
Tenth Nat. Bank........
C o m m e rc ia l........... 50
Third Nat............... 100 120 i 25** C o n t in e n t a l............ 1 00
1 13
Western Nat............50
E a g le ........................ .4 0
West Philadelphia. 100
E m p ire C it y ............ 100
P o r t la n d . M e.
E x c h a n g e ............... - 3 0
53
Cumberland Nat— .40 5 2
F a rra g u t................. - 5 0
Canal Nat—.. .....1 0 0 1 64 166
F ire m e n ’ s .............. - 1 7
Casco Nat...............100 1 52 153
G e rm a n -A m e rica n 1 00
First Nat................ 100 1 20 1 22
G e r m a n ia ................ . 50
Merchants’ Nat.......75 125 127
G lo h e ......................... . 5 0
National Traders’ .100 143 145
G r e e n w ic h ............. - 2 5
R ic h m o n d . V a .
G u a r d ia n ................. 100
City Bank.............. 25 29
H a m ilto n ................ .1 5
First Nat............... 100 1 43 Í4&
H a n o v e r .................. 50
Merchants’ N at.—
100 1 23
H o m e ........................ 100
Nat. Bk of VirginlalOO 103 105% H o w a r d ................... .4 0
Planters’ Nat........ 100 145
J e ffe rso n ................ 3 0
State Bank of Va.100 1 16
K in g s C o. (B ’k lyn ) .2 0
St. L o u is .
30
K n ic k e r b o c k e r .. .
B’k of Commerce.. 100 4 6 0
L a fa y e tte (B ’k ly n ) .5 0
Commercial.......... 100 3 2 0
L o n g I s l’d (B ’k l y n ) .50
Continental........... 100 1 50
M anuf. * B u ild e rs’ 100
Franklin.................100 160
M ech a n ics’ (B ’ k ly n )5 0
Fourth National -1 0 0 2 6 0
M e r c a n tile ............ .5 0
International........100 9 0 1 00
M erch a n ts’ .............
Mechanics’ ............ 100 126 128
M on ta u k (B ’k l y n ) . . 50
Merchants’ Nat ...100 111
N assau (B ’ k ly n ) —„ 5 0
St. Louis National.100 130
N a tio n a l.................. 97%
Third National—..100 112 116
N. Y . E q u it a b le ... 35
S an F r a n c is c o .
N ew Y o r k F ir e —.. 100
Bank of California....
N ia g a ra ................... „ 5 0
First N at G o ld ....100
N o rth R iv e r ........... - 2 5
Grangers’ Bank.......... . . . . . . .......... P a c ific ...................... . .2 5
Pacific..........................
P a r k ........................... 100
P I R E IN S U R ’ CE
P e te r C o o p e r........ .2 0
STOCKS.
P e o p le ’ s ................... 50
B a lt im o r e .
P h é n ix (B ’k lyn ) — .5 0
Associate Firemen’s .5
7%
8
R u tg e rs ’ ................... .2 5
Baltimore Fire Ins. 10 28
29
S ta n d a rd .................. . 50
18
Firemen’s Insur’ce .18
19% S te rlin g ..................... 100
Howard Fire..............5
7%
8
S tu y v e s a n t—. . . . .
4%
Maryland Fire........ 10
| U n ited S ta te s........ .2 5
Merchants’ Mutual. 50 6 0%
1 W e stch e ste r.......... - 1 0
National Fire_____ 10
-5 0
a64
( L a st p rice this w e e k .
§ Q u ota tion s p e r share
B id .
A sk .
1 27
145
95
83
126
90
40%,
119%
x l2 6
90
1 00
1 00
3%
98
129
145%
96
87
128
19 3
41
120
130
90
105
102^ :
5
600y
100
150
145
230
65
2 18
1 20
143
104%
100
86
155
1 06
140
1 85
255
119
295
1 34
90
2 03
1 15
2 0%
72
1 57
6
49
34%
57
3 7%
3%
38
36
80
62
1 20
86
79
105
IOO
IO O '
70125
150
105%
100% .
217%
90165
HO
150*
190
2601
3*00
136
95
210
21%
74
162
6%
51
35%
58
38%
4
39,
40
85
65129
90
80%
IOO
67%
60%
1 09
110%s.1 8% 1 9
28
30
7
123
127
1 23
121
....
165
95
1 60
1 85
1 80
115
115
1 10
30
220
240
178"
IO O
1 65
199
190
125
120
120
35
230
260
108
125
133
103
315
160
125
250
100
100
100
300
1 50
120
240
75
1 25
1 35
140
75
1 20
2 00
90
100
100
125
75
68
95
97
140
100
170
90
168
100
167
90
170
1 00
1 25
1 40
HO
57
120
1 45
1 50
270
no
80
135
140
149
85
130
210
100
103
n o
130
80
73
IOO
102
145.
no
175
IO O
175
10*
175
101
180
no
135
150
n o
62
1 25
159
188
285
THE
712
[VOL. XLIV.
CH RO N ICLE.
Northern o f New Hampshire.
fu tr e s ir o je t tl
(For the year ending March 31,1887.)
AND
I R a ilr o a x l | t i M I x g c i t c e .
The I n v e s to r s ’ S u p p le m e n t contains a complete exhibit of
the Funded Debt of States and Cities and of the Slocks and
Bonds o f Railroads and other Companies. It is published
on the last Saturday o f every other month—viz., January,
March, Olay, July, September and November, and is f u r
nished without extra charge to all regular subscribers of the
C h r o n ic l e . Extra copies are sold to subscribers o f the
C h ro n icl e at 50 cents each, and to others at $1 per copy.
The annual report refers to the decision in the Supreme
Court of New Hampshire holding void the former lease of
this road to the Boston & Lowell. The report then says: “ This
lease was for a rental of five per cent per annum, payable
quarterly, for ninety-nine years. After it was declared invalid it was proposed that a similar lease for a like term
should be made to the Boston & Lowell Railroad at a rental
of five per cent for ten years and six per cent for the re
mainder of the term, the rent to be guaranteed by the Boston
& Maine Railroad.” This is to be submitted to the stock
holders for actioD.
The income for three years was as given below :
INCOME ACCOUNT.
188 4 -5 .
R e n ta l re c e iv e d ...................... ..........$ 1 3 1 ,6 8 0
...........
5 0 ,9 9 0
O th e r re c e ip ts ...............
ANNUAL REPO RTS.
1885-6.
$ 1 5 3 ,4 2 0
4 9 ,1 5 2
1886-7.
$ 1 5 3 ,4 2 0
5 6 ,8 5 5
Chicago Rock Island & Pacific Railw ay.
$ 2 1 0 ,2 7 5
$ 2 0 2 ,5 7 2
T o t a l . . . . . . . . . . . . ............ ......... $ 1 8 2 ,6 7 0
1 79 ,83 8
1 79 ,83 3
D iv id e n d s, 6 p e r c e n t ........... .......... 1 79 ,83 3
( For the year ending March 81,1887.,/
$ 3 0 ,4 3 7
$ 2 2 ,7 3 4
.......... $ 2 ,8 3 2
B a la n ce s u r p l u s . . . . . . . .
The C h r o n i c l e has been favored with an advance copy of
the annual report. This shows that in the late fiscal ;.»• «»»“
s u r p l u s over all charges and dividends on the stock was $311,G E N E R A L IN V E S T M E N T N E W S .
708. The report is almost entirely statistical, and the opera
tions and earnings are compiled in the tables below in com
parison with the figures for previous years.
Railroad Net Earnings.—The following table shows the
No particular reference is made to the active construction latest reports of net earnings not heretofore published.
of new lines carried on by the company nor to its plans in
-J a n . 1 to A pr. 3 0 .-April.'
this direction during the current year. The report merely
I'fiDlftrKSi
“ The proceeds of the sale of the $11,860,000 of five per
c e n t extension bonds, and bond certificates, have been used
in building extensions of this or mpany’s system of railway
lines, viz.:—The Wisconsin Minnesota & Pacific Railway, the
St. Joseph & Iowa Railroad, the Chicago Kansas & Nebraska
Railway.
„ ,
.
.
“ The entire issues of the six per cent first mortgage bonds
($11,860,000), of above companies, and also a majority of
the capital stock of the same, are owned by this company,
and are held by trustee as security for our issue of five per
cent extension and collateral bonds.”
The statistics of operations and financial condition in the
past four years, compiled in the usual form for the Chronicle,
are as follow s:
OPERATIONS AND FISCAL RESULTS
1 883-84.
1 8 8 4 -8 5 .
1 88 5 -8 6.
1 8 8 6 -8 7 .
O perations—
1 ,3 8 4
1 ,3 8 4
1 ,3 8 4
1,3 8 4
M iles o w n ed & op er..
P a ss en g er m ile a g e .. 1 2 8 ,8 1 9 ,1 6 0 1 22 ,6 1 8 ,2 3 5 1 2 9 .2 0 8 ,4 0 4 1 3 3 ,09 1 ,6 4 2
2*572 Cts.
2*466 ots.
2*420 cts. 2*328 cts.
P a t e p e r pass, p.in ile
.Freight (tons) m ile*. 7 3 4 ,6 0 1 ,3 8 0 7 8 0 ,8 4 4 .2 6 1 7 1 9 ,9 7 2 ,5 6 5 7 9 3 ,8 2 4 ,4 5 4
1*10 ots.
1*04 cts.
1*07 ots.
1*01 ots.
A v. ra te p. ton p. m ile
E a rn in g s—
3 ,1 2 7 ,2 5 8
3 ,0 9 7 ,9 1 6
3 ,3 1 3 ,4 4 3
3 ,0 2 3 ,8 8 4
P a s s e n g e r ..................
7 ,7 1 3 .6 5 9
8 ,0 3 7 ,4 5 3
8 .0 5 6 ,3 1 6
8 .1 4 4 ,1 4 2
Freight.....................
1 ,1 6 3 ,4 3 1
1 ,1 8 3 ,6 8 1
l,iC 5 ,7 5 0
1 ,0 3 8 ,8 3 5
M a il,e x p r’s, r’nts.& o
T o ta l groâs ea rn s. 1 2 ,5 3 5 ,5 1 4
$
O p era tin g exp en ’s—
1 ,6 1 2 ,5 5 1
M a ln t. o f w a y , & c ...
1 ,0 7 6 ,1 7 3
M a ln t. o f eq u ip ’ m ’t .
3 ,8 5 3 ,9 5 7
T r a n s p ’rt’n ex p 'se s .
3 7 2 ,2 7 8
3 8 3 ,0 4 3
M is ce lla n e o u s!.......
T o t a l............. ...
N e t ea rn in g s............
P .c .o f o p .e x .t o earn.
7 ,2 9 8 ,0 0 2
5 ,2 3 7 ,5 1 2
58*22
1 2 ,2 0 6 ,9 1 1 1 2 ,0 0 4 ,3 4 8
■ $
1 ,4 1 4 ,2 0 3
1 ,3 9 1 ,5 5 4
1 ,0 5 4 ,5 1 7
7 1 9 ,3 3 1
8 ,9 4 6 .7 4 9
4 ,3 9 9 ,2 8 4
3 9 1 ,8 7 1
2 9 4 ,6 0 7
3 5 9 .5 5 3
3 5 5 .5 4 8
1 2 ,3 1 9 ,0 5 0
$
1 ,6 5 8 ,7 8 4
1 ,0 4 4 ,9 1 3
4 ,0 3 2 ,7 0 4
3 9 4 ,8 5 8
3 7 3 ,5 5 0
7 ,1 6 6 ,8 9 3
4 ,8 3 7 ,4 5 5
59 70
7 ,5 0 4 ,8 0 9
4 ,8 1 4 ,2 4 1
6092
7 ,1 6 0 ,3 2 4
5 ,0 4 6 ,5 8 7
58*65
* C om p a n y 's fr e ig h t n o t in clu d ed .
t In clu d es lo s t a n d d a m a g ed go o d s , & c.; in ju ries t o p erson s, ca ttle
k illed , & c.; rep a irs o f teleg ra p h ; co n tin g e n t aopount; le g a l e x p e n se s , <feo
INCOME ACCOUNT.
188 5 -6 .
$
$
$ j
4 ,8 3 7 ,4 5 5
5 ,2 3 7 ,5 1 2 5 ,0 4 6 ,5 8 7
4 7 0 ,0 0 0 3 3 0 ,03 1 0 ,0 0 0
00
1 8 8 3 -4 .
Receipt»—
N e t ea rn in g s...................
F ro m la n d d ep a rtm ’ t
1884-5.
1886-7,
$
4 ,8 1 4 .2 4 0
2 3 0 ,0 0 0
5 ,3 7 6 ,5 8 7
5 ,1 4 7 ,4 5 5
5 ,0 4 4 .2 4 0
3 01 ,12 1
1 ,0 9 4 ,7 5 0
2 ,9 3 7 ,1 8 6
7
7 5 0 ,0 0 0
1 9 6 ,3 4 4
3 0 1 ,9 9 5
1 ,2 1 3 ,2 5 0
2 ,9 3 7 ,1 8 6
7
4 6 3 ,0 0 0
1 6 4 ,7 8 4
3 0 3 ,7 6 2
1 ,3 2 0 ,6 6 7
2 ,9 3 7 ,1 8 6
7
T o t a l disb u rsem en ts.
5 .6 1 8 ,4 4 1
5 ,2 7 9 ,4 0 1
B a la n ce , s u r p lu s . . . .
8 9,0 71
9 7 ,1 8 6
»In clu d es ren ta l a n d to lls M o. R iv e r B rid ge.
5 ,0 8 0 ,2 1 5
6 7 ,2 4 0
4 ,7 3 2 ,5 3 7
3 1 1 ,7 0 3
T o ta l in o o m e ........
5 ,7 0 7 ,5 1 2
D isbu rsem en ts—
$
R e n t lea sed roa d s . .
3 0 1 ,1 2 1
I n te re s t on d e b t . . . . .
1 ,0 0 2 ,3 5 0
D iv id e n d s ..............
2 ,9 3 7 ,1 8 6
R a t e p e r c e n t .....................
7
A d d ’n and im p. a oo’t.
1 ,2 0 0 ,0 0 0
M is ce lla n e o u s * . . . . . .
1 7 7 ,7 8 4
1 7 0 ,9 2 2
GENERAL BALANCE AT CLOSE OF EACH FISCAL YEAR.
1884-5.
188 3 -4 .
$
A ssets—
$
6 0 ,0 7 6 ,7 5 5
R R ., b ld g s,eq u ip .,& o. 5 9 ,2 2 5 ,9 4 9
7 ,9 7 4 ,3 6 9
Sties & has. ow ’a , c o s t 4 ,0 6 8 ,6 8 0
A d v a n . to C.K. & N eb
..............
3 1 2 ,0 6 7
M a terials, fu el, & c ..
2 8 2 ,2 6 7
2 ,3 2 4 ,2 7 1
C ash & ca sh ite m s ..
3 ,2 7 4 ,4 4 0
1885-6.
1886-7.
$
6 0 ,8 7 9 ,3 6 0
*8 ,660,058
7 ,7 8 6 ,2 4 2
3 5 6 ,2 SO
6 8 5 ,4 5 2
1 ,7 2 8 ,3 4 0
3 ,7 3 1,98 1
$
6 0 ,3 6 6 ,2 3 6
1 0 ,2 3 3 ,4 1 8
T o ta l a s s e t s ........... 6 6,8 5 1 ,3 3 6 7 0 ,7 1 7 ,4 8 2 7 2 ,6 8 4 ,2 7 4 8 1 ,7 4 3 ,1 1 3
$
$
$
L ia b ilitie s $
S to c k , com m on .......... 4 1 .9 6 0 .0 0 0 4 1 .9 6 0 .0 0 0 4 1 .9 6 0 ,0 0 0 4 1 ,9 6 0 ,0 0 0
B o n d e d d e b t . . . . ___ 1 7 .5 0 0 .0 0 0 2 0 .5 0 0 .0 0 0 2 1 ,4 6 0 ,0 0 0 t29,36<',000
7 ,7 5 0 ,0 0 0
8 ,2 1 3 ,0 0 0
8 ,2 1 3 ,0 0 0
7,000,000
A d d it ’n & im p . a cc’ t .
3 0 ,1 9 9
£ 0 6 ,7 5 1
7 6 » ,0 36
1 1,2 38
A cco u n ts p a y a b le .. .
.......................................
5 6 4 ,8
U n u sed pi’e m iu m s ..
5 4 4 ,5 2 3
8 56 ,22 7
4 7 7 ,2 8 3
3 8 0 ,0 9 8
P ro fit, bal. in c. aoo’ t.
T o ta l lia b ilitie s.. 6 6 ,8 5 1 ,3 3 6
7 0 ,7 1 7 ,4 8 2
7 2 ,6 8 1 ,2 7 4
8 1,7 4 3 ,1 1 3
»In clu d es $ 4 0 0 ,0 0 0 co m p a n y ’s 6 p e r cen t b on d s,
t In clu d es $ 5 ,0 0 0 ,0 0 0 C h ica go & S ou th w estern b on d s gu aran teed .
\
1 88 7 .
1886.
N a m e o f R oad.
A U eghen y V a lle y .. ..G r o s s . $ 1 6 3 ,6 0 6 $ 1 4 8 ,3 9 1
6 3 ,3 4 3
5 7 ,6 0 9
N e t . ..
109 ,82 1
1 1 5 ,71 1
B alt. & P o t o m a c ........G ross.
3 7 ,8 4 0
3 0 ,5 5 0
N e t . ..
6 0 ,5 0 5
1 32 ,46 1
C aliforn ia S o u th e rn .G ro s s.
2.020
6 2 .1 5 9
N e t . ..
8 5 0 .3 9 9 8 3 5 ,5 4 2
C anadian P a c if lo ....G r o s s .
3 5 7 ,7 6 2
2 3 2 ,4 5 6
N e t . ..
C ent, o f N e w J e rs e y .G ro s s .
N e t . ..
1 8 8 ,9 8 2
G ra n d R a p id s & In d .G ro s s. 2 3 4 ,7 4 2
5 6,6 83
7 4 ,9 2 6
N e t . ..
L ou isville & N a sh v ..G ro s s. 1 ,1 7 8 ,3 2 0 9 6 7 ,7 4 0
3 1 3 ,9 2 5
3 8 5 ,1 5 8
N e t . ..
9 9 ,1 4 9
1 24 ,94 2
L ou is N . O . & T e x a s .G r o s s .
6 ,6 7 7
1 2 ,4 4 4
N e t ...
9 6 ,2 8 7
1 17 .29 3
M em phis & C h a rle s..G r o ss .
1 8 ,2 44
3 7 ,4 7 9
N e t . ..
3 1 1 ,5 5 4
3 6 4 ,1 0 8
M e x ica n C e n t r a l....G r o s s .
8 6 ,8 6 2
1 5 1 ,07 2
N e t . ..
3 1 ,2 6 7
7 7 ,9 2 9
M inn. & N o r th w e s t..G r o s s .
1 1 ,5 86
1 0 .3 4 2
N e t . ..
9 7 ,6 1 1
1 1 8 ,2 6 8
N . Y . O n t. & W e s t ....G r o s s .
15,4 35
9 ,3 2 8
N e t . ..
2 6 7 ,5 5 9
3 22 ,69 1
N oTfolk & W estern . .G ro ss.
1 09 ,39 9
1 2 4 ,2 3 3
N e t . ..
4 1 1 ,3 9 7
5 1 3 ,5 6 0
N orth ern C e n t r a l..-.G r o s s .
1 40 ,64 1
2 2 7 ,9 8 7
N e t ...
N orth ern P a c if ic ....G r o s s . 1 ,1 2 1 ,0 0 6 9 9 3 ,4 8 4
5 3 9 .6 4 3 4 8 4 ,7 4 4
N e t ...
3 0 0 .2 9 4 2 7 0 ,1 9 3
O h io & M is s is s ip p i...G ro s s .
5 8 ,8 7 0
» 8 ,7 6 4
N e t . ..
P h lla . & R e a d in g ....G r o s s . 1 ,7 5 1 .8 4 4 1 ,3 5 9 ,3 1 5
9 1 4 ,5 6 8
4 08 ,24 2
N e t . ..
P . & R . C. & I. C o ....G r o s s . 1 ,2 0 4 ,5 7 8 1 ,0 9 3,60 5
3 4 ,2 5 0 d f .2 2 3 ,4 05
N e t ...
6 5 .0 8 8
5 3 ,6 5 4
S h en a n d oa h V aU ey. .G ro ss .
6 ,2 9 1
3 ,2 6 3
N e t . ..
7 6 ,3 3 1
9 0 ,4 1 5
St. J o s. & G d. Isla n d .G ross.
1 7 .5 62
4 2 ,9 1 3
N e t . ..
U n ion P a c i f i c .. ... ... G r o s s . 2 ,3 4 2 ,1 5 5 2 ,0 6 5 ,4 3 4
8 4 6 ,3 5 0 817 ,81 8
N e t ...
' 188 7 . ° y ‘ l 8 8 6 ?
N a m e o f R oad.
$ 1 5 ,1 1 2
........
C oeur d ’ A le n e ............G r o s s .
9 ,8 1 7
..............
N e t . ..
1886.
1887.
$ 6 1 8 .8 5 6 $ 5 4 5 ,8 3 2
1 9 4 ,0 3 6
2 1 8 ,2 4 7
4 1 2 ,3 3 4
4 5 3 ,9 2 1
1 4 9 ,0 5 9
1 3 9 ,9 0 8
1 9 0 ,8 8 2
5 1 6 ,5 4 2
2 5 4 ,0 9 4 d e f. 4 1 ,2 6 6
2 ,7 2 3 ,7 9 3 2 ,4 5 7 ,1 2 3
6 0 8 .0 6 5
2 3 6 .4 5 3
3 ,4 0 5.41 1 3 ,0 2 3 ,2 9 4
1 ,5 3 7 ,2 5 3 1 ,1 4 3 ,7 3 7
7 0 2 ,0 8 4
8 6 0 ,8 4 7
2 2 2 ,7 7 0
2 8 4 ,9 5 2
4 ,9 0 5 ,0 9 6 4 ,1 7 1 ,6 2 7
1 ,7 9 4 ,1 0 8 1 ,4 6 5 ,2 7 8
5 2 6 ,1 4 7
6 9 0 ,0 8 7
101 ,58 1
195 ,77 8
4 3 2 ,8 5 6
5 2 6 ,7 3 0
1 2 0 ,7 6 8
1 3 1 ,5 7 3
1 ,5 7 2 ,6 6 5 1 ,2 5 0 ,0 9 9
4 1 0 ,1C9
7 3 8 ,6 3 2
9 8 ,1 9 5
3 0 6 ,25 5
2 1 ,3 3 8
6 5 ,3 4 0
3 5 3 ,7 4 6
4 0 4 ,8 0 6
2 9 ,3 6 2 d e f. 1 ,8 8 0
1 ,2 2 3 ,7 7 0
9 8 5 ,5 6 1
3 9 2 ,3 2 9
4 8 8 ,6 7 7
1 ,7 0 2 ,6 2 8
2 ,0 3 1 ,5 1 9
6 5 6 ,4 2 6
868,6*28
3 ,2 4 8 ,8 3 4 2 .9 2 6 ,1 7 0
1 ,0 2 2 ,4 0 4 1 .1 0 6 .5 6 6
1 ,2 9 7,23 8 1 .1 2 4 .5 6 6
2 6 3 ,7 0 9
4 2 5 ,4 6 8
6 ,6 0 0 ,5 0 5 5 ,3 9 8 ,6 1 7
3 ,2 9 2 ,3 0 7 1 ,8 7 3 ,0 2 8
A ,6 4 3 ,9 2 8 3 ,8 1 6 ,1 1 7
1 0 5 ,7 2 1 d f. 7 0 9 ,6 6 4
2 5 0 ,7 8 9
1 8 6 ,1 5 8
2 8 .4 6 4
314
3 7 8 ,7 7 8
3 6 9 ,2 2 6
1 54 ,40 4
1 7 9 ,7 0 5
8 ,3 2 6 ,7 8 7 6 ,9 5 5 ,4 3 7
2 ,8 1 6 ,0 8 0 2 ,2 5 2 ,8 9 6
r— Jan. 1 to M ay 3 1 .— >
188 7 .
1 88 6 .
,-------- M a rch .-------- -J a n . 1 to M a r. 3 1.1886.
18^7.
N a m e o f R oa d.
1887.
A 8®
***
Cin. In d . St. L. & C ..G r o s s . $ 2 3 4 .7 1 2 $ 2 2 8 ,2 0 9 $ ‘547.551 $ 6 2 3 ,3 7 2
2 4 0 ,8 1 3
2 6 0 ,9 3 0
N e t . ..
9 7 ,5 7 6
93,5 19
6 1 1 ,7 9 8
_______
6 24 ,92 1
H o u s . & T e x . C e n t ...G r o s s .
2 1 1 ,4 1 0 2 0 0 ,9 3 3
2 2 ,6 2 4
1 6,6 41 d e f. 4 2 ,6 03
N e t . .. d f. 4 0,7 95
Central Iowa.—Holders of the first mortgage main line
bonds are asked by their committee, Messrs Elijah Smith and
others, to sign an agreement authorizing certain persons to
act in their interest, to bid on the property at the foreclosure
sale to an amount not to exceed $4,500,000, and to reorganize
under such plan as shall be approved by a majority of the
bondholders signing the agreement.
Central Railroad o f New Jersey.—The Reorganization
Committee of this Company, consisting of Messrs. Frederick
P. Olcott, J. Rogers Maxwell, George F. Baker, John Crosby
Brown and J Kennedy Tod, have issued under date of June
3d, an important circular to the stock and bond holders. This
circular gives the most complete statement in regard to the
affairs of the company that has been issued in some years and
shows at length the reasons for adopting the preposition made
for an adjustment of the company’s liabilities. The circular
and the propositions made to certain bondholders and other
creditors are given at length under the title of 1 Reports and
1
Documents” on another page. The situation is particularly
favorable for a re-adjustment of the debt and guarantees, inas
much as several of the issues are subject to payment at any
time and others mature within a limited period. A syndicate
agrees to take enough of the new issue of bonds to answer all
the present purposes.
Chicago Milwaukee & St. Paul.—From June 5,1887. this
Company will open its newly-constructed line between Sioux
J u x e 4, 1887.]
T H E CH R O N IC LE .
City and Manilla, and, via that line and the Chicago & Council
Bluffs division, will operate the shortest through route be
tween Chicago, Sioux City and Yankton. Pullman sleepers
of the most improved pattern will be run through without
change between Chicago and Sioux City. The completion of
this new line also forms a new and direct route between all
points in Eastern, Southern and Central Dakota and Nebraska,
Central Iowa and Northern Illinois.
Chicago & Northwestern.—At Chicago, June 2, the an
nual meeting of the Chicago & Northwestern Railway was
held.
Mr. Keep retired from the presidency and Mr. Marvin
Hughitt was elected in his place. Mr. Hughitt entered rail
way service in 1853 a telegraph operator at a small station on
the Chicago & Alton Railroad, and rose gradually to his pres
ent place. The report of the earnings and expenses for the
fiscal year ending May 31 (the month of May being estimated)
was submitted as follows: Cross earnings, $26,862,039; oper
ating expenses, fixed charges and sinking funds, $20,278,138;
net income, $6,083,901. Out of this have been declared the
usual dividends for the year, including _the 1% quarterly on
the preferred stock and 3 per cent semi-annual on the com
mon stock just now declared, the total dividends amounting
to $3,444,504, and leaving a surplus o f $2,639,387, The direc
tors elected are W. L. Scott, Percy R. Pyne, F. W . Vanderbilt,
W. K. Vanderbilt, H. McK. Twombly, John I. Blair; officers—
Albert Keep, Chairman of the board of directors; M. Hughitt,
President; M. L. Sykes, Vice-President, Treasurer and Secre
tary,
Chicago Rock Island & Pacific.—At Chicago, June 1.
the annual meeting of the stockholders was held and 882,135
shares were represented. The term of service of the following
directors : F. H. Tows, of New York ; James R. Cowing, of
New York ; Marshall Field, of Chicago; H. H. Porter, of
Chicago, having expired, they were all re-elected. The board
o{ directors as it now stands is as follow s: David Dows,
Francis H. Tows, James R. Cowing, Sidney Dillon, Roswell,
P. Flower, Benjamin Brewster, H. R. Bishop and Henry M.
Flagler, of New York ; Hugh Riddle, H. H. Porter, and
Marshall Field, of Chicago; R. R. Cable, Rock Island; and
George G. Wright, of Dos Moines, Iowa,
713
eaob subsequent payment, as nearly as may be, at the rate of a bond o f
$1,000 for each $950 due and paid; bonds for the 10 per cent reserved
to be delivered when the whole subscription is due and paid, at which,
time interest on payments will be adjusted.
Any part of the subscription hereby offered, not taken, will be dis
posed of in the discretion of the Treasurer.
By order of the board of directors.
C h a r l e s M e r r i a m , Treas.
Duluth South Shore & Atlantic.—It id reported that the
Manitoba road has made an arrangement for exohange of
traffic with the Duluth South Shore & Atlantio road, which
is to run along the South Shore of Like Superior to a connec
tion with the Canadian Paoific at the bridge across the Sault
Ste. Marie.
Louisville & Nashville.—The gross and net earnings for
April, and for ten months from July 1st, have been as follows:
.---------- April.----------, /-July 1 to April 30,10 mos.—
.
1887.
1886.
1887.
1886.
Gross earnings.......$1.178,320
$987.740 $12,568,284 $11,013,544
Operating expenses
793,162
653,815
7,544,674
6,858,012
Net earnings.... $385,158
$313,925
$5,023,610
$4,155,532
Louisville New Albany & Chicago.—This Company paid off
June 1 the $600,000 8 per cent bonds of the Kentucky < Indiana
fc
Car Trust Co , and this payment effects a saving to the com
pany of $54,000 in annual outlay, and gives them entire own
ership of cars and locomotives of the Car Trust Co. The in
crease in net earnings over 1886 is so far very large.
Louisville S t Louis & Texas.—Contracts have been let for
grading the Louisville St. Louis & Texas Railroad between
Stephensport and Owensboro, Ky., a distance of forty-five
miles, thus making eighty-eight miles of this road, namely,
from West Point to Owensboro, under contract. The entire
length of the road will be 136 miles, and work is going
rapidly along.
Mariposa.—“ The great Mariposa estate, covering 47,000 acres
of land, and with immense gold placers and some very rioh
lode mines, has been sold to John P. Jones, J< hn W . Maokay,
Mr. Hobart and A. Hayward, all old experienced mining men.
The price paid was only $300,000. No doubt the purchasers
will at once re 'pen the mines, and it is safe to estimate will
make many millions of dollars on their bargain.”—Engineer
Cincinnati Hamilton & Dayton.—The notice o f annual ing and Mining Journal.
meeting to be held June 21 states that the following proposi
Memphis & Charleston.—The gross and net earnings for
tions will be voted o n :
April, and from July 1 to April 30 have been as below :
To construct or lease a branch line from Its main line at or
near Hamilton, Ohio, to Middletown, Ohio, and thence connecting with
the main line north of Middlt town, and the issue or guaranty of $500
uoo bonds to bear not exceeding four and one-half (4>s) per cent per
annum, payable semi-annually by this company for that purpose,
and vote uP°n th* Question of leasing for nine
5?ir,«ed, and, Wnety-nine years, renewable forever, the railroads and
depots of the United Railways Terminal Company of Cincinnati ’ guar
anteeing as rental therefor the payment of four and one-half
ner
F ^ ab,e quarterly on $2,500,000 of first preferred
stock of said terminal company.
r
ou
— l ° V0t6 uPon a modification of the resolution adopted by the
® T em ’.er 16,’ 1 8 ’ «, so that the preferred stock author®
L,i.he ^ d e m p t io n of bonds and guaranteed stocks m a y be used
lz ^ byfhe laws^rohfo.®*
cotnpany> 80 far aa 8Uoh use is author-
Connecticut Central.—At Hartford, Conn., May 19, at the
annual meeting of the Connecticut Central, Railroad the New
S S v T i . 0 .£ was enjoined by order of Judge Calhoun, of
tne court or Common Pleas, from voting as a stockholder on
. ProPpaition to sell to the New England Company the
Central redempfcloa of the mortgage of $325,000 on the
sJ ? f 5 roI!iLaj?8lnsr & Northern.—The following circular was
issued under date of May 27, 1887:
To the stockholders:
aboSt0?§an.u«il/*nihaL ^ e,n ior™ed for the construction of a railroad,
the ilne o ilh ls
g ra" d LedS«. a P°i*t near Lansing upon
' t(i Grand Rapids, as recommended in the General
.last annual report. The new companv will be called the
S
s
t
o
i
Detr° R RailroadCompany The estimated
per m l l e ^ H » tbo«>W
built and fully equipped, is $1 >,000
$20,000 ¿er mUe of toe IntlreR8 « mW
«
e bonds Is to be limited to
their H .t.
„ ° v “ ®®nt»re line. The bonds are to run 40 years from
Thev win
t0 bear Interest at the rate of 5 per cent p e m n n m
<
---------- April.---------- ,
1887.
1886.
Gross earnings.............$117,293
$46,287
Operating expenses. . . .
99,049
58,808
Net earnings..........
$18,244
,—July 1 to Apr. 30.—
«
1886-7.
1885-6.
$1,376,361 $1,161,380
932,337
790,056
$37,479
$444,024
$371,324
New York Ontario & Western.—The gross and net earn
ings for April and from Oct. 1 to April 80 have been obtained
for the C h ron icle as follows :
<
---------- April.---------- .
1887.
1886.
Gross earnings........ $110,268
$97,611
Op. exp. and taxes. 102,833
88,283
Net earnings........
$15,435
$9,328
/ Oct. 1 to April 30.— %
—
1886-7.
1885-6.
$731,915
$835,319
666,049
763,284
$65,866
$72,035-
New York Woodhaven & Rockaway.—This railroad isannounced to be sold under foreclosure on June 28.
Northern Pacific.—The gross and net earnings for April',
and from July 1 to April 30 have been as follows :
1887.
Gross earnings . $1,121,005
Oper, expenses.
581,363
Net earnings.
$539,642
1886.
$993,483
508,740
$484,743
— m’s. July 1 to Api. 30.—v10
1886-7.
1885-6.
$10, f>91,129 $9,669,440
5,598,599
4,921,893
$4,992,530
$4,747,547
Omaha Division St. Louis Kansas City & Northern.—
Under date of May 26th a circular is issued to the bondhold
ers of this section of the old Wabash St. Louis & Pacific Rail
road. It refers to the circular letter of March 10ch, 1837,
and the committee confirms the plan of reorganization therein
set forth. _ Briefly repeated, this plan is as follows : Old bonds
participating in the reorganization amount to $2,313,000, and
in exchange for these the following securities are in prepara
tion and will be issued as soon as engraved : 1. $1,140 4 per
years first mortgage
4 s H » S > s i 9—
» « 3 » cent 50making $2,636,820. gold bonds for each participating
bond,
This will represent $2,313,000
u^n^he^foUo^gni^terms^®^10^ Lan8^ P n 0*^®ra^ailroad principal and four coupons, funded, $323,820. The fifth
* ^
coupon will be funded and held in treasury of new oompany
TEAKS OF SUBSCRIPTION.
for betterments, repairs, &c. Total bonded debt $2,717,000.
2. Six per cent non-cumulative preferred stock at the rate o f
$960 tor each partiepating bond, and representing the reduc
tion in interest from 7 to 4 per cent, making $2,220,500. 8.
An interest in the common stock at the rate of $1,000 for each
participating bond, making $2,313,000. This interest will be
TERMS OP PAYMENT.
represented by trustees’ certificates, the stock itself being
deposited in trust for three years under an agreement which
108 ^ f f i n?
u
payable as follow s:
will secure the control of the company during that time. The
10 per cent f i g V i f at*
I ™
cent Oct. 1, 1887.
first coupon on the bonds will t>e payable July 1,1887, at the
20 per cent Sep® l 1887
on per oeni Nov. 1, 1887.
office of the United States Trust Company, the trustee under
“ ™c8°pTme“ i nto S I '"?
when any can7 U
®
alls wi]1 be„ accepted, if made on date the new mortgage, and thereafter on Jaauary 1 and July 1. The
»Rowed an such prepay mentef terest at 3 per ceat Per annum will be bonds and preferred stock have been in the hands of the Bank
Note Company for several weeks for engraving, and are
DELIVERY OP SECURITIES.
promised to be completed by the middle of June. This will per
mit their execution and distribution among the holders of out
l B S ^ ^ M ^ e S band nI?ten th<? b.°°ka ° f ,he company, will be
cent, bdnds win b«d«i{Vl»re5rfce reserving the first payment of 10 per standing trust certificates on or before July 1st. Incorporation,
, oonas will be delivered on or after September 1, for the amount of of the new company under the laws of the S ti’ e of Missouri,
T H E CH R O N IC LE.
known as “ The Omaha & St. Louis Railway Company,” has been
effected, The directors of the company for the first year are
John H. Beach, James E. Pulsford, James H. Smith, James F.
Dwight, George Warren Smith, Thomas McKissock and
Edward W . Sheldon. The officers of the company are as fo l
lows : Thomas McKissock, President; James H. Smith, VicePresident ; Edward W . Sheldon, Secretary : Charles S. Smith,
Treasurer.
P hiladelphia & Reading.—The gross and net earnings for
April, and from Dec. 1 to April 30, have been as follows,
RAILROAD CO.
,--------- ‘ April.-------- .,—5 m Dee. 1 to Apl. 30.—
<>8.
>
1887.
1886.
1886-7.
1885-6.
Gross earnings............ $1,751,844 $1,359,315 $8,177,218 $7,047,393
Operating e x p e n s e s .... 837,276 951,073
4,216,621
4,443,589
K etearnings..........
$914,568 $408,242
$3,960,597 $2,603,804
RAILR O A D AND COAL & IRON CO.
/----------- April.----- -- — r-Dee. 1 to Apr. 30,5 mot.—
n
.
1897.
1886.
1886-7.
1885-6.
Gross earnings.......$2,956,422 $2,452,920
$14,163,671 12,208,767
Operating expenses 2,007,605 2,268,082
10,119,002 10,390,196
Net earnings.... $948,817
$184,838
$4,044,669 $1,818,571
R ailroads in New York State.—The returns of the fo l
low ing roads for the quarter ending March 31 have been filed
at Albany as follows :
/-Ogden, é L a k e C ham .—. / L a k e 8. < JI. South
—
£
1887.
1886.
1887.
1886.
Gross earnings........ ....$108,590
$103,003 $4,198,657 $3,505.204
'Operating expenses. . . . . 93,884
76,259 *2,408,287
2,083,380
ti. f
Net earnings . . . . . . . . $14,706
884
'Other Income..........
$26,744 $1,790,270 $1,421,824
$18.564
117
Total incom e.... . . . . $15,590
Oharges.................... . . . . 63,535
$26,861 $1,808,834 $1,421,824
64,713
1,035,000
1,083,326
Balance................del. $47,945 def.$27,852 sur.$773,834 sr.$337,498
* In 1887 inoludes $120,000 spent for new ears.
St. Louis F ort Scott & W ichita.—This road was recently
sold under foreclosure at Topeka, Kan. It was bought in by
B. P. Waggener, general attorney of the Missouri Pacific, for
$5,488,000, which was the amount of the first mortgage and
accumulated interest. The St. Louis Fort Scott & Wichita
system embraces 310 miles of road running from Fort Scott to
Eldorado, Kan., and having branches to Anthony and Mc
Pherson, Kan. It was built in 1880, and when about half
completed the Missouri Pacific took the management of it.
There is a second mortgage outstanding of $1,500,000, owned
by the Missouri Pacific.—R. R. Gazette.
St. Paul & Duluth.—A circular addressed to the preferred
shareholders of this company has been issued by Messrs
•Gwynne & Day and Lawrence Bros. & Co. of this city. This
circular states the situation of affairs regarding the preferred
stock and the possibility of its early retirement, and makes
the important proposition that the preferred stock should be
immediately redeemed at par with an issue of 20-year 5 per
■cent mortgage bonds. The text of the circular in full will be
found on a subsequent page.
Terre Haute & Indianapolis—St. Louis Yandalia & Terre
Haute.—From Cincinnati it is reported that Mr. Henry S.
Ives obtained a written contract whereby Mr. W . R. McKeen,
President of the Terre Haute & Indianapolis (Indianapolis,
Xnd., to the Illinois State line, seventy-nine miles), agreed to
sell the controlling shares of the $1,988,150 of capital stock
for $1,400,000 cash, and that the purchase has been com
pleted. The Terre Haute & Indianapolis is the lessor, on
account of itself and the P. C. & St. L. Railway and C. C. &
I. C. Railway Company, of the St. Louis Vandalia & Terre
Haute Railroad (from East St. Louis to Indiana State line, 158
miles), and these are operated in the Pennsylvania R. R.
system.
fV oL . X L T V ,
OFFICE OF THE
CENTRAL RAILROAD COMPANY OF NEW JERSEY.
Nkw .Y ork , June 3d, 1887.
To the Stock and Bondholders o f the Central Railroad
Company o f New Jersey, and its Constituent Companies :
At the request of the representatives of nearly sixty per
cent of the Company’s indebtedness, and with the co-operation
of the Receivers now in charge of the property and the Board
of Directors, the undersigned have consented to act as a Com
mittee for the reorganization of the finances of the Company.
Immediately after election, the present Board of Directors
commenced a personal examination o f the affairs and property
of the company for the purpose of ascertaining its condition,
the reasons for its past failures, the means available for the
restoration of its credit and the'.improvement and develop
ment of its estate, and the necessary steps for the restoration
of the property to the stockholders.
It appears that the property is now subject to two separate
Receiverships, one of appointment in 1877 and one in 1886.
The Receiver of 1877 holds certain securities and a lien upon
the property of the corporation for the payment of $750,175,
July 1,1887, and the expenses incidental to the discharge of
;he Receivership.
The Receivers of 1886 were appointed under a suit for fore
closure of the mortgage securing primarily the Adjustment
Bonds, and thereafter the Consolidated and Convertible Bonds
■m are now in charge of the operations of the Company *
d
The suit for the sale of the property is now pending, and the
Receivers cannot be discharged until the debts have been paid
for the protection o f which their Receivership was established.
The property of the Central Railroad Co. of New Jersey is
ocated in the States of New Jersey, Pennsylvania, New York
Maryland and Delaware, and is represented by thirty-nine
separate corporations, the capitalization of which includes
;hirty-five distinct forms of indebtedness for annual payments
upon which the Central Company is liable.
This property is composed o f :
1.) A system o f transportation, by rail and water.
m iles
(a.) R ailroad s o w n e d .................................................... ..
“
leased................................................
“
operated......................................... 115’67 “
Total railroads.............................................. *648*43 miles*
...5 ,
22
Total.................. 22
. Aiww
r -------------~
“
at $320,000
“ 431,000
«
47,966
■
“
66,225
“
“ $865,191
R a ilroa d , 18 m iles in length .
2.) Tide Water Bocks and Terminal Property at the Harbor
o f New York.
The ferry and connecting property in New York and New
Jersey are owned or controlled by the Central Railroad Com
pany of New Jersey. In addition thereto the Central Company
is the owner in fee of the terminal lands known as the Jersey
City Station, covering an area of 150 acres with its riparian
rights. The extensive property adjoining these terminal lands
at Communipaw is owned by the American Dock & Im
provement Co.—the entire capital stock of which is owned by
the Central Company—the two interests forming one large
undivided tract of terminal and water-front property.
In addition to the terminal lands and American Dock prop
erty, the Company is the owner of terminal facilities at Port
Johnston consisting of 3 extensive coal wharves and upwards
of 30 acres of land adjoining. In addition thereto it has ter
minal facilities at Elizabethport, consisting of 33 acres of
land fronting Staten Island Sound, 3 freight docks and 9 coal
piers fully equipped with tracks, scales, etc. ,
T oled o St. Louis & Kansas City.—The contractors who
are widening the gauge and making other large improve
ments for this company have sold $3,000,000 of its first mort
gage 0s to a syndicate, composed chiefly of New York parties,
at 95 and interest. Some 205 miles of the road from Toledo
are to be made standard gauge by July. One thousand grain
cars have been ordered of the Michigan car works. The road
is said to be showing large earnings.
Yicksburg & Meridian.—The plan of reorganization for
this company has been issued and copies can be obtained at
the Farmers’ Loan & Trust Co. or of Mr. D. Graff, Secretary
o f the Committee, 51 William St. Briefly, there will be issued
new consol 4-5 per cent mortgage bonds at $20,000 per mile,
preferred stock $10,000 per mile and common stock $20,000
per mile. For the old first and second mortgages and interest
the new consols will be used; also for the assessments on in
com e bonds, leaving in the committee’s hands $392,000 of these
new consols out of the total issue of $2,860,000. For all
securities the preferred and common stock will be issued on
the terms specified in the plan.
(3) Coal Property.
The Central Company controls the operations of the Lehigh
Wabash St. Louis & Pacific.—The Metropolitan Trust
Company is receiving the following Wabash coupons due on & Wilkesbarre Coal Co. by the ownership of three-fourths of
ajid prior to Feb. 1, 1885, and will pay them on Tuesday next: its capital stock.
Lake Erie, Wabash & St. Louis lBt, Great Western o f 1859
The importance to the Central Company of this coal proper
1st, Illinois & Southern Iowa 1st, Decatur & Toledo 1st,
ty is shown by the facts that its output of coal for 1886 was
'Quincy & Toledo 1st and funded debt bonds 1st.
J
une
4, 1887.]
THE
CH RO N ICLE.
7*08 per cent of the entire anthracite production, and that the
Central Company’s receipts from the transportation o f coal
were fifty per cent of the total traffic earnings.
The debt of the Central Company July 1st, 1887, including
floating debt, receiver's debt, equipment trusts defaulted and
accrued interest, and all bonds and shares for the payment o f
interest or dividends on which the Central Company is liable?
represents the following investments :
Terminal Railroad and Dock Property.
Mostly fronting on the harbor of New Y o r k .. .$7,679,789-59
Coal Property , etc.
In the anthracite fields of Pennsylvania.........
14,366,872-01
Equipment.
For railroads, mines, ferry, river and harbor
transportation, representing an expenditure as
shown by the books of the Company, of upwards
of $15,000,000, of which amount there has been
charged off $4,000,000, leaving the value as fixed
by expert appraisers, as $11,000,000, which, with
equipment recently purchased, makes................ 11,552,500-00
Real Estate.
Other than that used for railroad purposes.. . .
1,973,623-72
Total for property other than railroad.. . . . . . . $35,572,735*32
Railroad Lines.
715
uary 1 to May 1, 1887, were $1,587,253-15, an increase o f
$393,516-37 over the corresponding period o f 1886, but $44,845*54
less than the fixed charges of the same period of 1887 for interest,
rentals and taxes.
It is evident from the foregoing that in order to avoid a sale
'under foreclosure it is necessary to raise at once additional
capital with which to secure the discharge of the receiverships,
and that in order to establish the company upon a permanent
basis of solvency the fixed charges must be reduced to within
the average net earnings of the past. Economies of admin
istration can be secured by the consolidation of many o f the
necessary constituent companies, and by other reductions o f
expenses, while the judicious expenditure o f new capital for
the repair, improvement and extension of the property, which
cannot be made under the receivership, is necessary to secure
an increase of the gross revenues, which were less in 1886 than
they weré in 1881.
It is also necessary to convert all forms of floating debt into
a long-term bond, and to provide for the consolidation o f the
bonded liabilities into a single issue bearing a lower rate o f
interest.
The problem is, therefore, to fund demand debts, to raisg.
additional capital, and at the same time to bring the present
fixed charges, including rental of Lehigh and Susquehanna
Division, o f ......................................................................$5,114,549
within the net revenue for 1886, o f ............................. 4,716,866
'648 miles of road owned and leased, including
a difference o f . . . $397,683
the Leigh & Susquehanna Railroad and branches
To solve this problem it is proposed to authorize an issue o f
in Pennsylvania, the lease of which is included
$50,000,000 one-hundred-year gold bonds, bearing interest at
under existing mortgage liens securing present
such rates as may be fixed at the period of issue from time
outstanding bonds........................................... .
18,239,582-66
to time, but not exceeding five per cent per annum, with
. $58,562,817-98 coupon interest, payable semi-annually, and registered inter
est, payable quarterly.
These bonds are to be secured by a general mortgage, cov
The foregoing valuation of boats and equipment are those
made at the time of the last appraisement by experts ap ering all the property of the company, including all the securi
ties representing the control of the necessary constituent com
pointed for the purpose.
panies, and all equipment now subject to special car trust
With the exception of
$5,000,000, American Dock & Improvement Co’s 5 per cent liens.
All the security of the old bonds will be preserved to the
bonds, due 1921,
1,400,000, New York & Long Branch R. R. Co’s 5 per cent new bonds so that the latter will have the protection o f all
existing liens, with the additional security of all new propertyBonds, due 1931,
450,000, Ogden Mine R. R. Co’s 5 per cent Perpetual created by the fresh capital now raised. The necessary steps
will be taken to ensure full compliance with these conditions.
Guaranteed Stock,
Excluding the above-mentioned $6,850,000 five per cent lon g
date obligations of constituent companies, new general mort
$6,850,000, long date obligations, the interest and rental
liabilities of the Central Company are now fixed at rates tha^ gage bonds will be deposited with the Central Trust Co. of
average more than 6% per cent per annum. Had this rate New York, Trustee, sufficient to provide for the payment o f
been five per cent during the past ten years, the Company the entire interest and dividend-bearing liabilities of the Cen
would have earned a surplus each year, would have avoided two tral Company, including the past due interest obligations of
Receiverships, would have had the means at its command to the company, as of July 1st, 1887, amounting to $46,409,984 65
extend and improve its property, and would have avoided the and leave available for the improvement and
3,590,015 35
increase o f debt now necessary to fund defaulted interest, protection of the property.....................................
and to bring the entire property into the highest state of
efficiency.
For the period of ten years from 1877 to 1886, both inclusive,
the operations of the road have failed to pay all fixed charges
for interest, rentals and assessed taxes, by $1,530,435 04.
The net earnings during the past Jive years averaged $4,943,743 per annum, and were insufficient to meet all fixed charges
during that period, for interest, rentals and taxes, by ' $43,820 91.
The Annual Fixed Charges
of the total proposed issue o f...............................$50,000,000 06
The reduction o f fixed charges is greatly facilitated by the
early maturity of a large part of the debt.
There will be payable
Within six months...................................................$13,546,984 65
During 1888 to 1890 inclusive...............................
5,709,600 00
During 1891-1897 ....................................................
2,574,000 00
During 1899.....................................
16,780,400 00
During 1902 .............................................................
4,400,000 00
During 1906 and thereafter..................................
3,399,000 00
for interest, rentals and dividends, upon the above-described
T otal..........................................................$46,409,984 65
debt, and the State taxes, estimated at $280,000, exclusive of
The Board of Directors have authorized an issue at the pres
the rental of the Lehigh & Susquehanna Railroad, now
amount t o ............................................................... $3,700,148 97 ent time of only so many bonds, bearing interest at the maxi
mum rate of 5 per cent, as may be necessary to carry out the
The Net Revenue
accompanying propositions to the stockholders and creditors«
in 1886 from this property w a s... $4,716,866 53
These bonds will bear interest from July 1, 1887, and pending
Out of this amount there was paid
their preparation Interim Bond Certificates will be issued
for rental of the Lehigh & Susque
in form negotiable at the New York Stock Exchange«
hanna Division 33% per cent of its
Scrip exchangeable for bonds will be issued for fractional
gross receipts..................................... 1,414,400 00
amounts. The coupon bonds will be of $1,000 each, interest
Balance (equal to 6% per cent on
the above indebtedness)....................................... 3,302,466 53 payable January 1st and July 1st, convertible into Registered
Bond Certificates of $1,000, $5,000, $10,000 and $50,000 each,
Excess o f Present Fixed Charges over the net
with interest payable quarterly, January 1, April 1, July 1 and
income of 1886......................................................... $397,682 44 October 1, by interest checks mailed to owners of record. The
The gross earnings from January 1 to May 1, 1887, were Central Trust Company of New York will act as trustee under
$3,405,411-34, an increase of $382,116-90, or 12-6 per cent over the terms of the mortgage.
the corresponding period of 1886. The net earnings from Jan
To enable the company to carry out its propositions, the
716
THE
CH R O N IC LE.
[VOL. XL1V.
certificate at par and accrued interest, thus paying, as of
undersigned have formed a syndicate which, for a commission
July 1st, 1887, $1,000 Car Trust certificates for $1,015 new
o f two per cent, has agreed to purchase at par and accrued
bonds.
interest $12,000,000 of the above described general mortgage
All certificates not notified for exchange prior to June 25th,
5 per cent gold bonds, or so many thereof as may not be taken
1887, will be payable in cash at par and accrued interest,
under the subscription privileges given by the company.
July 1st, 1887.
Should these financial plans be consummated, the fixed
6
charges will be reduced within the net earnings of last year^
New York & Long Branch Railroad Co.
and the company placed on a solvent basis, under the manage,
Stockholders are entitled to subscribe to the new bonds at
ment of a board of directors of active business men, personally
par and accrued interest, paying therefor in their shares at
owning the control of the capital stock.
par and accrued dividend, thus paying, as of July 1st, 1887,
New York, June 8d, 1887.
at the rate of 100 shares for $10,175 new bonds.
FREDERICK P. OLCOTT,
All stock not notified for exchange prior to June 25th, 1887,
Chairman;
will be payable in cash at par and accrued dividend July 1st,
J. ROGERS MAXWELL,
1887.
GEORGE F. BAKER,
7.
JOHN CROSBY BROWN,
South Branch Railroad Co.
J. KENNEDY TOD,
Stockholders are entitled to subscribe to the new bonds at
Reorganization Committeepar and accrued interest, paying therefor in their shares at
par and accrued dividend, thus paying, as of July 1st, 1887,
The undersigned have examined the proposals of the Reor
at the rate of 100 shares for $10,150 new bonds.
ganization Committee ofithe Central Railroad Co. of New Jer
All stock not notified for exchange prior to June 25th, 1887,
sey, and have much pleasure in recommending the same to the
will be payable in cash at par and accrued dividend July 1st,
favorable consideration and action of the stock and bond hold
1887.
ers, believing as they do that under existing circumstances
8.
they are equitable and just to all concerned.
Consolidated Bondholders C. R. R. Co. o f N. J.
June 3d, 1887.
are entitled to subscribe to the new bonds at par and accrued
(Signed) JOHN S. KENNEDY,
interest, paying therefor in their old bonds at 110 per cent
“
JOSEPH S. HARRIS,
and accrued interest, thus paying, as of July 1st, 1887, $1,000
Receivers of the Central Railroad Co. of N. J.
Consolidated Bonds, with all unpaid coupons attached, for
$1,187 50 new bonds. For the convenience of foreign bond
PROPOSITIONS OF THE
holders, their right to subscribe will extend to and include
CENTRAL RAILROAD COMPANY OF NEW JERSEY
July 10th, 1887, and their subscriptions will be received and
TO ITS STOCKHOLDERS AND CERTAIN OF ITS CREDITORS FOR
their bonds exchanged by Messrs. Brown, Shipley & C o.}
THE SALE OF ITS GENERAL MORTGAGE BONDS.
London.
9.
Referring to the circular of the Reorganization Committee}
of June 3d, 1887, and subject to its terms and conditions, the Convertible Bondholders C. R. R. Co. o f N. J.
are entitled to subscribe to the new bonds at par and accrued
following propositions are made in connection therewith:
interest, paying therefor in their old bonds at 110 per cent
1.
and accrued interest, thus paying, as of July 1st, 1887,
Stockholders o f the Central Railroad Co. o f New Jersey,
$1,000 convertible bonds with all unpaid coupons attached, for
of record June 8th, 1887, are entitled to subscribe to the new
$1,181 66 new bonds.
For the convenience of foreign bond
bonds at par and accrued interest, to the extent of 10 per
holders, their right to subscribe will extend to and include
cent of the par value of their shares.
July 10th, 1887, and their subscriptions will be received and
Payment will be due in equal instalments July 1st and
their bonds exchanged by Messrs. Brown, Shipley & Co.,
August 1st, 1887, and may be made prior thereto at the option
London.
of the subscribers. The right to subscribe is transferable
upon the form prepared therefor.
2.
Adjustment Bondholders o f the Central Railroad Co. oj
New Jersey
.
10
Debenture Bondholders o f C. R. R. Co. o f N. J.
are entitled to subscribe to the new bonds at par and accrued
interest, paying therefor in their old bonds at 105 per cent
flat, thus paying, as of July 1st, 1887, $1,000 Debenture
Bonds, with all unpaid coupons attached, for $1,050 new
bonds. For the convenience of foreign bondholders, their
right to subscribe will extend to and include July 10th, 1887,
and their subscriptions will be received and their bonds
exchanged by Messrs. Brown, Shipley & Co. London.
are entitled to subscribe to the new bonds at par and accrued
interest, paying therefor in their old bonds at par and ac
crued interest, thus paying, as of July 1st, 1887, $1,000 Ad
justment bonds, with all unpaid coupons attached, for
$1,081 66 new bonds.
All bonds not notified for exchange prior to June 25th,
1887, will be payable in cash at par and accrued interest, New Jersey Southern Railroad Co.
Bondholders are entitled to subscribe to the new bonds at
July 1st, 1887.
par and accrued interest, paying therefor in their bonds at
8.
par and accrued interest, thus paying, as of July 1st, 1887,
Newark t& New York Railroad Company
$1,000 old bonds with July 1st, 1887, coupons attached for
bondholders are entitled to subscribe to the new bonds at par
$1,030 new bonds.
12
and accrued interest, paying therefor in their old bonds at par
and accrued interest, thus paying, as of July 1st, 1887, $1,000 Long Branch & Seashore Railroad Co.
Bondholders are entitled to subscribe to the new bonds at
old bonds, with July 1st, 1887, coupons attached, for $1,035
par and accrued interest, paying therefor in their bonds' at
newbonds.
105 and accrued interest, thus paying, as of July 1st, 1887,
$1,000 old bond for $1,055 83 new bonds.
All bonds not notified for exchange prior to June 25,1887
will be payable in cash, at par and accrued interest, July
To avail of the terms proposed, written notice must be
1st, 1887.
given upon the forms prepared.
Copies of the circular of the Reorganization Committee,
4.
o f June 3rd, 1887, and copies of these propositions with
Guarantee Car Trust.
forms for subscription, exchange of bonds, and assignment
Certificate holders are entitled to subscribe to the new
o f rights, may be obtained upon application at the office of
bends at par and accrued interest, paying therefor in their
the Company, 119 Liberty Street, and at the Central Trust
Qo TmstG0
York#
certificates at par and accrued interest, thus paying, as of
To determine the stockholders entitled to subscribe, the
July 1st, 1887, $1,000 Car Trust certificates for $1,010 new
stock transfer books will be closed from Wednesday, June
bonds.
15th, to Saturday, June 25th, 1887, inclusive.
All certificates not notified for exchange prior to June 25th,
All the above-described privileges of subscription, except
where otherwise stated, expire on the 25th day of June,
1887, will be payable in cash at par and accrued interest July
1887, at 3 o’clock P. M.
1st, 1887.
By order o f the Board o f Directors,
5,
Central Railroad Company of New Jersey,
Central Railroad Co. o f New Jersey Car Trust.
J. ROGERS MAXWELL,
President«
Certificate holders are entitled to subscribe to the new
New York, June 3d, 1887.
bonds at par and accrued interest, paying therefor in their
.
June 4, 1887.]
THE
C H R O N IC LE.
717
Preftrrod. Common►
. . . Henry P. Upham....... .
. . . .
.. 204
Charles D. Drake................ .
New Y ork, May 81,1887.
Iff.
.. 22
James M. Earle.................... .
To the Preferred Shareholders:
..
6
O. D. Baldwin......................
Iff
The undersigned and associates, representing a substantial Charles Fairchild................
holding of the Company’s shares of both classes, seek to
1,026
280
place the common shares on the footing contemplated by the
Company’s charter, and to do this in such a way as to promote indicates that the individual members of the Board are, to>
the best interests of the bona fide holders of the preferred as sky the least, fully prepared for the wholesale redemption o f
the preferred shares at any time.
well as the common shares.
The advantages o f a permanent adjustment of all matters in
Proxies in the form enclosed are asked for to aid the de
controversy between both classes of shareholders must be
sired result.
A considerable number o f the preferred shareholders have apparent.
The plan which we advocate and pledge ourselves to sup
already executed these proxies, and it is confidently believed
that those who have not yet executed them will, upon a port is to have all the preferred shares redeemed at once by
proper understanding of the situation, deem it to their inter the substitution, at par, of twenty-year 5 per cent bonds
secured by a mortgage to the Farmers’ Loan & Trust Com
est to do so forthwith.
The charter provides for preferred shares to the par value pany or some other equally responsible trustee, covering alof $6,000,000, and common shares to the par value of o f the Company’s property, and receivable for lands sold at
110, also redeemable at the pleasure of the company at 110 >
$ 6 ,000 ,000.
The preferred shares, besides being receivable at p a r in the preferred shareholders to receive also by way of a bonus, 10
payment for the Company’s lands, are made redeemable by of the unissued common shares for each 100 of the preferred
the Company at any t i m at p ar out of the proceeds of lands shares so redeemed.
This plan is o f course subject to any modification which
and stumpage.
may be necessary in order to surmount legal difficulties not
(See endorsement on preferred share certificates.)
The value of the unsold lands is estimated to be in excess now apparent, but it is confidently believed that, even in such
an event, no difficulty will be experienced in making an
of the total outstanding preferred shares.
Of the preferred shares $5,876,970 o f par value have been arrangement of the same general character which will be
issued and are outstanding, this amount including $820,000 equally advantageous to the preferred shareholders.
The immediate cash value to the preferred shareholders o f
alleged to have been illegally reissued.
the settlement we advocate is in excess of the present or past
Of the common shares about $4,055,000 have been issued.
At the most the preferred shareholders can get only 7 per market value of their shares. The probable future value is
cent dividends annually during the uncertain period which greater than any probable future value their shares could pos
sess, from the absolute uncertainty which must always prevail
may elapse before redemption.
The probability that the preferred shareholders will in the as to their redemption at p a r .
The bond offered would undoubtedly command 105 in the
very near future have their shares redeemed at par is shown
by the fact among others that one body of common share market.
The common shares with such settlement effected would, it
holders has already brought and is vigorously prosecuting a
suit in the Federal Court against the company and its direc is believed, command at the lowest estimate 120—more prob
tors seeking not only to enjoin the payment of dividends on ably 150. Within the past week they have sold at 90.
Altogether, therefore, the preferred shareholder, accepting
the $820,000 of preferred shares alleged to have been illegally
reissued, but also to compel the immediate application of sur the plan we advocate, would receive at least $117 per share for
plus income from land and all other sources to the redemp his shares. The prospective value, however, o f that which he
tion at p ar of all of the preferred shares (except this $820, would receive would be much greater from the appreciation
certain to result to the common shares.
000).
The last quotation for the preferred shares was 118-113)^.
Further suits are threatened by other common shareholders.
The last quotation for the common shares was 87^-88.
Obviously the success of the pending suit would call for the
The proximity of the annual meeting of the shareholders,
immediate redemption o f a large proportion of the pre
ferred shares.
appointed to be held at St. Paul, Minn., on the 20th June, ren
The objections to the proposals of the present management ders immediate action o f the highest importance.
If, therefore, our plan meet your approval, we shall be
o f which doubtless you have been advised by 'their circular
application for proxies, contemplating the creation of new pleased to receive your proxies at once, to be used in further
obligations—bonds and shares—amounting to from $2,000,000 ance thereof.
to $6,000,000 must be apparent. No specific purpose, pledge or
To those preferred shareholders who have already made
guaranty is named for the disposal of this large sum of other disposition of their proxies we suggest that if they ap
money. With these increased means, the Directors are left prove of our plan they may still revoke such proxies and for
free to redeem at p ar a considerable amount of the preferred ward those now asked for.
shares ot once—for it is understood that large sums of money
Respectfully, &c.,
heretofore realized from land sales have been devoted to pur*
GWYNNE & DAY,
poses other than those contemplated by the charter, and that
45 W all St., N. Y .
these sums, together with the alleged illegally reissued pre
LAWRENCE BROS. & Cp..
ferred shares, are believed to amount to upwards of $2,000,000.
81 Broad St., N. Y.
At the same time, as no limitation is imposed, the Board of
P. S.—Common shareholders approving of this plan, who
Directors may, at their pleasure and in their own interest, who have not already sent their proxies to us, should do os
defer redemption, without regard to the interests o f either without delay.
G. & D.
class of shareholders.
L. B. & CO.
It must therefore be evident that the interests of neither
class of shareholders can be served by the adoption o f these
indefinite proposals.
Wabash.—A t St. Louis, May 27, the Wabash Railway Com
W e have already shown that the power resides in the Board pany was made defendant in a suit brought for $2,000,000
in the form of a claim by the New York & Pacific Car Trust
of Directors to at once redeem at p ar a very large proportion Association. The cla^m is based on rentals and instalments
of the preferred shares.
due upon equipment ard use of the rolling stock of the
The singular showing of the individual holdings of the Wabash during the period of the Receivership. The court is
members of the Board, as revealed by the stock books at their asked to order the Receivers to pay the above sum, and bid
that it be declared a lien superior to all mortgages on Wabash
closing, on May 14, as follows:
property. The same suit was filed in Chicago and Springfield,
Preferred . Common. 111., the same day.
William H. Fisher.........................................
7
M ontpelier & W ells River.—The gross earnings of the road
William H. Rhawn___/ .......... ................... go
1 000 for the year ending March 31, 1887, were $95,111; expenses,
including real estate purchases and payments on floating debt,
James Smith, J r......... ...........
|$95,580; deficit, $469; total surplus on hand after deductJames J, Hill............./ . .....................21
I ing deficit for year, $11,062.
ST. PAUL & DULUTH RAILROAD COMPANY.
TH E CH RONICLE,
718
[VOL XL1V.
(fromnuxcml
COTTON.
Friday . P. M., June 3, 1887,
as indicated by our telegrams
from the South to-night, is given below. For the week ending
COMMERCIAL EPITOME.
this evening (June 3), the total receipts have reached 7,599
Friday Night, June 8,1887.
bales, against 9,765 bales last week, 10,626 bales the previous
The weather has continued seasonable, and from all sec* week and 12,666 bales three weeks sin ce; making the total
tions come reports that recent rains have greatly improved receipts since the 1st of September, 1886,5,175,887 bales,against
5,185,176 bales for the same period of 1885-86, showing a de
the prospects of the various crops, but in some localities the crease since September 1, 1886, of 9,279 bales.
moisture is said to be somewhat excessive. Trade is very fair.
Total.
F r i.
Wed. Thurs.
M on .
Tues.
Bat.
R eceip ts at—
Prices of nearly all staples of manufacture are firm. The iron
14
2 81
1
26
24
2 13
3
trade of the West is somewhat affected by strikes, but gen .
....
In d ia n oia, &o.
•«©rally the pending labor troubles are of little moment.
2 ,6 3 4
2 01
40
7 02
527
1
The following is a statement of the stocks of leading articles N ew O r le a n s ... 1,1 6 3
2
4 65
1
210
2 27
7
18
o f domestic and foreign merchandise at dates given
1
3
2
T he M ovem ent
of the
62
188 7 .
M a y 1.
f o r k ..........................................
1 6 ,0 24
b bls.
301
B e e f .................................tea. an d bbls.
3 7 ,7 88
L a r d . . . . . ...........................................tea.
36,6 21
T o b a c c o , d o m e s t ic .................... lilids.
48,8 21
'T o b a c c o , fo r e ig n ........................ bales.
3 57 ,73 4
C o fle e, R io ..................................... b ags.
6 2 ,7 0 4
C offee, o t h e r ...............................b a g s.
6 4 ,0 0 0
O oflee, J a v a , & c..........................m ats.
15,6 27
•Sugar..............................................hhds.
None.
« S u g a r . ............ b o x e s an d baskets.
‘« S u g a r ..................................... b ag s. &o. 1 ,9 1 2 ,4 0 6
N oue.
M e la d o ........................................... hhds.
6 02
M ola sses, fo r e ig n ........................hhds.
2 ,5 0 0
M o la ss e s, d o m e stic ...................... bbls.
3 6 3 ,3 0 0
H id e s ...................................................No.
218 ,12 1
18,4 80
R o s in ................................................ bbls.
772
« p i r l t s t u r p e n t in e ....................... bbls.
8 32
‘T a r ..........................
bblB.
3 ,9 0 0
R ic e , E . I ....................
bags
4 ,2 5 0
R ic e , d o m e s tic ............................ pkgs.
N one.
L in s e e d ...........................................bags.
13,5 00
2 1 ,0 0 0
2 6 ,8 55
3 ,913
'S is a l h e m p ................................... bales.
.
188 7 .
J u n e 1.
1886.
J u n e 1.
2 2 ,3 62
44
3 9 ,2 6 7
38,091
4 7 ,3 42
3 2 7 .5 6 5
5 2 ,3 4 7
8 1 ,5 00
3 7 ,3 28
3 ,0 7 3
2 ,1 8 9 ,0 5 3
N one.
l,5 o l
2 ,0 0 0
3 8 0 ,1 0 0
1 98 ,13 0
14,985
1 ,5 2 2
1,136
8 ,1 6 0
5 ,8 0 0
N one.
1 5,3 00
1 7,7 00
3 5 ,6 47
3 ,0 2 8
17,237
237
3 5 ,4 6 9
3 3,4 59
47,1 11
2 81 ,11 9
114 ,00 0
1 17,755
4 1 ,9 4 2
1,462
1 ,4 2 1,11 3
5 48
1,4 5 0
1,750
3 1 6 ,1 0 0
2 8 8 ,4 1 4
18,8 89
5 28
1,9 0 0
750
2 ,5 0 0
10,5 00
1 6 ,0 0 0
5 5 ,7 5 0
16,481
6,9 0 9
The speculation in lard for future delivery was dull, with
'values unsettled, until yesterday, when there was an active
movement, followed to-day by an improvement in values.
Xard on the spot further declined, and then became more
active, a good business being done to-day at 6 60c. for prime
-city, 6,87^ @ 6,92^c. for prime to choice Western, 7-10c. for
-©fined to the Continent and 7 65o. for refined to South
America.
DAILY CLOSING PRICES OF LARD FUTURES.
S a tu rd ’y,
3'une deliv’y . . 6 8 3
-July
“ .. 6 9 1
. . 7*01
A u g u st “
«Ben©
* . . 7-09
*
October “ . . 7*16
¿JJove’ber “ . . 7 Û 6
M on d ’y.
t*.
c8
»Ö
o
a
Tuesday.
6-74
6*83
6-93
7 -00
707
Wedna’y. Thursd'y. F r id a y .
6-77
6-80
6-90
6-83
6-87
6-99
6-97
6*38
7-09
7 -06
7*07
7-18
7-16
7-27
7*13
7-04
705
717
.....
«Other “ hog products” were dull all the week, with prices
flavoring buyers, and pickled bellies quoted 7J£@73^c., but
’«the close is steadier. Tallow is lower and active at 8 11-16@
Butter is lower at 15@18c, for creamery. Cheese has
¿been fairly active, but closes quiet at 9^(g lOJjjC. for State
¿factory, full cream,
The speculation in Rio coffee shows no abatement in fervor,
•-attended by wide and frequent fluctuations in values, but
generally advancing, the highest prices of the season having
been made; but to-day there was a sharp and irregular decline,
«•the distant options yielding most, closing with sellers at 19‘70
‘®21c. for earlier and 21 ‘053 21 '25c. for the later months, but
still showing an advance for the week o f 50@80 points—the
total range being 19 70@21-25c. against 7*95@ 8-05c. one year
©go. Raw sugars are dull at 4 ^ c. for fair refining Cuba and
Jj 3-16c. centnfugel, 96 deg. test. Molasses has been active
Jbut closes easier at 203^c. for 50 deg. test.
Kentucky tobacco has been quiet. The sales in May were
"1,141 hhds., of which 652 for export. Prices are
for lugs and 4J^@ UJ^c., with selections of leaf 12(3) 15o.
-Seed leaf has met with a fair demand and sales for the week
©re 1,328 cases, as follows : 100 cases 1884 crop, Little Dutch,
jprivate terms; 500 cases 1885 crop, Little Dutch, 9@ 11c.; 250
caees 1881-82-83 crops, Pennsylvania, 12@14c.; 128 cases
1885 crop, Pennsylvania, 12@18c.; 100 cases 1885 crop, Penn
sylvania Havana, 9@18c.; 100 caees 1885 crop, Ohio, private
terms, and 150 cases 1885 crop, Wisconsin Havana, 6 @ 8 ^ c.;
©Iso 400 hales Havana, 60c.@$105, and 250 bales Sumatra,
-f l 2 0 @ fl 50.
Spirits turpentine declined to 35%e. and became more
■©ctive; 300 bis. sold to-day. Rosins are quiet at $1 22J^@
$1 80 for common to good strained, and tar is firm at $2.
■•Crude petroleum was depressed by freer selling, but partially
-recovered, though quiet, closing at 6 3 ^ @ 683^0.
On the Metal Exchange, business has been very dull. In•terior iron markets are quite unsettled. Ocean freights have
^been quiet, but tonnage was largely engaged ahead, and
-rates are firm.
B ru n sw ’ k, A c.
C h a rle sto n ........
P t R o y a l, dec.
W ilm in g to n . . . .
M oreh’d C.&o.
767
....
1
1
1
5
20
1 10
....
1
103
••
••
....
25
...*
•
....
1
51
....
....
41
4
....
314
....
5
105
8 05
121
1 ,416
1,2 5 1
2 91
54
....
200
87
1,6 2 6
1 ,262
1,239
934
1
421
4 00
56
7
194
1 10
690
740
236
3 67
211
14
36
116
479
P h ila d elp ’ a, &o.
T o ta ls th is w eek
200
....
121
1
106
4 00
1
2
25
4
33
78
2
10
.
7
....
....
W est P oin t,& c
N ew Y o r k .........
B o s t o n . ............
Crop,
7 ,5 9
For comparison, we give the following table showing the week’ s
total receipts, the total since Sept. 1,1886. and the stock to-night,
and the same items for the corresponding periods of last year.
This S ince Bep.
W eek. 1 ,1 3 8 6 .
S in ce Bc.p.
This
Week.- 1 ,1 8 8 5 .
7 0 5 ,9 3 7
9 55
7 ,3 9 0
350
N o rfo lk ..........
W .P oin t, &c.
N ew Y o r k . . .
B oston . . . . . .
B a lt im o r e . . .
P h lladel’a,& o
2 ,6 3 4 1 ,7 1 4,36 8
4 65
2 1 2 ,7 0 9
3
2 3 ,1 62
9 9 4 7 9 4 ,1 4 4
1
31 7 30
4 21
3 64 ,77 1
4 00
19,172
56 1 3 4 ,3 0 3
7
3 834
1 94 5 2 9 ,6 1 3
110
3 2 3 ,79 0
630
9 5,7 39
740
1 03 ,74 3
2 36
6 3,5 18
54,3 54
367
T o ta l.............
7 ,5 9 9 5 ,1 7 5,88 7
G a l v e s t o n ...
N ew O rleans.
M obile............
S a v a n n a h . ..
C harleston ..
P t.R o y a l,& o
W ilm ington .
281
Btoek.
188 5 -8 6.
1 886-87,
R eceipts to
1 ,9 4 6
487
2 62
3
2,6 8 1
626
2 75
2 ,7 7 9
798
1 ,285
6 9 4 ,1 2 2
7 81
1 ,6 9 6 ,6 6 0
241 ,47 1
5 0 ,1 0 7
7 8 6 ,9 1 5
16,2 52
4 87 ,58 1
14,2 21
1 01 ,42 3
7 ,8 0 5
548^793
276 ,30 2
55,5 32
1 0 5 ,3 0 7
5 2 ,4 3 4
4 6 ,4 7 0
19,83715,185,176
1886.
1887.
6,7 4 8
1 6 ,0 3 9
1 0 3 ,8 6 9
927
3 ,6 6 1
9 1 ,0 7 0
1 6 ,3 3 4
2
1 2 ,6 3 9
1 ,200
4 00
1,709
1 2,9 88
3
3 ,2 6 7
3 ,4 1 2
1 9 5 ,3 0 6
4 ,5 0 0
4 ,7 8 6
1 9,5 00
2 1 ,5 3 3
9 ,6 7 7
2 8 3 ,7 6 2
6 ,3 1 0
1 8 ,4 29
1 6,1 52
3 4 6 ,01 8
5 0 8 ,2 5 5
In order that comparison may be made with other years, we
give below the totals at leading ports for six seasons.
R eceipts at—
1886.
1887.
1884,
1885.
1883.
188 2 .
G a lvest’n.&o.
N ew O rleans.
M ob ile............
S avannah . . .
Charl’st’n, & c
W llm ’g t ’n , &o
N orfolk ..........
W. P o in t, &o.
A ll oth e rs . . .
281
2 ,6 3 4
465
9 94
821
63
1 94
1 10
2 ,0 3 7
955
7 ,3 9 0
350
1,9 4 6
487
2 65
2,681
6 26
5,1 3 7
57
1,365
56
2 58
2 30
18
824
2 43
8 66
5 35
2,418
282
992
1,232
15
1,535
176
5,399
5 ,2 6 1
7,3 4 1
5 58
1,9 5 2
554
3 27
4 ,0 6 0
849
4 ,5 5 4
6 93
2 ,0 1 8
933
1 ,5 3 4
1 ,1 4 6
1 12
2 ,6 9 6
146
6 ,3 4 6
T o t. th is w ’ k.
7,5 9 9
1 9,837
3 ,9 1 7
12,584
2 5 ,4 5 6
1 5 ,6 24
S ince S ept. 1 . 5 1 7 5 ,8 3 7 5 1 8 5 ,1 7 6 4 7 0 5 ,2 7 8 4 76 4 ,2 4 6 5 8 47,583 4 5 7 2 ,5 1 3
- G a lv e sto n In clu des I n d ia n o ia ; C h a rleston in clu d es P o rt R o y a l, A c .,
W ilm ington in clu d e s M oreh ’d C ity ,& o.;W est P o in tiu o lu d e s C ity P o in t,& o .
The exports for the week ending this evening reach a total
of 8,349 bales, of which 6,804 were to Great Britain, 30
to France and 1,515 to the rest of the Continent. Below are
the exports for the week and since September 1, 1886.________
Week
Ending June 3.
E xp ort*
fro m —
G reat
B rit'n . France
New Orleans..
Mobile.............
Florida............
Savannah........
Charleston....
W ilm ington...
Norfolk...........
West Point,Ac
New York.......
Boston.............
Baltimore......
Philadelp’a, Ac
8,857
Total............
6,804
30
Total 1885-86 00,708
1,209
......
Conti Total G reat
nent. W eek . Britain. France
300
.......
......
......
#
......
1,950
997
30
........
From Sept. 1 .1886 to June
,
E xp orted to —
1,057
158
4,157
255,546 30,852
724,837 318,220
46,807
Conti
nen t.
3,1887
Total.
104,900 390,798
366,679 1,409,766
46,807
........
233,159 18,648
90,453 43,968
90,823 7,960
326,226
97.678 2,150
3,037 447,568 40,347
1,155 144,220
«5,140 8,750
52,493
243,960
143,206
10,857
3,900
8,400
210.609
1,980
28,737
3,219
495,767
277,620
109,640
330,126
108,234
704.422
146,200
132,683
55,712
1,515 8,3 49 2,604,984 470,293 1,132,503 4,207,780
1
8.430 70,347 2.370,577 397,426 1,230.870 3.893,879
THE
J un e 4, 1867.]
In addition to above exports, our telegrams to-night a'so giv®
os the following amounts of cotton on shipboard, not cleared,
at the ports named. W e add similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale
Other
G reat
F ra n ce. F oreig n
B rita in .
C oa st
w ise.
8 87
N one.
300
N one.
N one.
N one.
N one.
N on e.
Ñ ew O r le a n s ....
M o b ile ................
C h a r le s t o n ........
Savannah. . . . . .
G a l v e s t o n ... . . .
N orfolk..............
New Y ork.. . . . .
Other p o r ta .....
4 32
N one.
N one.
N one.
N one.
N one.
1,20 0
2,000
N one.
N one.
N one.
N one.
N one.
N one.
N one.
N one.
N one.
N one.
N one.
N one.
N one.
N one.
2 ,5 5 0
N one.
Total 1 8 8 7 ........
3 ,6 3 2
N one.
2 ,5 5 0
4 2 ,5 9 6
12,911
2 ,3 6 9
7 ,2 1 0
8 ,4 0 0
9,8 2 3
Total 1 8 8 6 ........
Total 1 8 8 5 ........
Tötal.
1,3 1 9
N one.
300
N one.
N one.
N one.
3 ,7 5 0
2,000
1 0 2 ,5 6 0
9 27
900
3 ,6 6 1
6 ,7 4 8
3 ,4 1 2
1 9 1 ,5 5 6
2 8 ,8 95
1 ,1 8 7
7 ,3 6 9
5 5,9 36
3 1 ,5 7 2
4 52 ,31 9
3 95 .76 9
¡
87b
Ordiny.fl> 8*«
87«
9*16
Strict Ord.. » 616 9616 9*18 9*4
Good Ord.. 101* 10*4 10*4 10*16
Str. G’d Ord 101*16 10*1|6 10**16 107
S
Low Midd’g 11*18 11*1« 11*16 11*4
Btr.L’w Mid 11*4 11*4 11*4 l l 7ie
Middling... 1171« 1171« 11716 lias
Good Mid.. 11**1« 11**16 m i l e 1170
Str. G’d Midi m s ,« 111»!« 11*516 11*8
Midd’g Fair1
12316 125,e 126ie 12*fl
Fair........... I121& 120*16 12*518 13*8
16
STAINED.
Sat.
9*16
9*4
10716
1078
11*4
11716
1158
1178
11*8
12*4
13*8
T h . F r l. W e d
911«
9*4
10716
1078
11*4
H7l6
115a
1178
12*8
12*4
13*8
M on
9*16
9*4
107,6
10 78
11*4
11716
HBg
1178
12*8
12*4
13*8
T ue«
9*16
9*4
IO7!«
1078
11*4
117,«
1158
1178
11*8
12*4
13*8
W ed
9*16
9*4
107,6
i o 7a
11*4
11718
11*8
ll7
a
11*8
12*4
13*8
T h . F r l.
......... Holiday..........
j ......... Holiday.........
W ed
8?s
9616
10*4
10**16
11*16
11*4
117}6
11**10
11*518
125,6
12*516
T h . F r l. W e d
9* 18
9*4
10716
1078
11*4
117,6
115s
1178
12*8
12*4
13*8
F rl,
9iie
9*4
107ie
1078
11*4
117,6
115s
H 78
12*8
12*4
13*8
T li .
® re
I, The total sales and future deliveries each day during the
week are indicated in the following statement. For tne con
venience of the reader we also add a column which snows at a
glance how the market closed on same days.
SALES OE SPOT AND TRANSIT.
E xC on- \Spec- Tran-\
p o rt, su m p u l’ t’n\ sit. |i o tal.
B a t. .
lilis 1
Steady at 3le a d v
Q u ie t ....................
S tea d y ...................
Quiet an d steady
.H o li d a y ..
....
3 50
25
200
1 94
640
325
3 7 5 ¡l,3 5 9 l
....
D eliv
eries.
Sales.
.........
t
9C0
10 0
1,734 519,9001 1 ,000
H
U
previous to tkat on wkiou they are reported*
FUTURES.
200 i 65,5 00
194 132 ,60 0
9 90 1 25,100
3 50 9 6 ,7 0 0
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MARKET AND SALES.
OLOSisn
•Pr-£ Î lili
•MtM
p
s
; hí e i pt to
' o •g • _
. §. 1 . o: 1
J
Q
* o
Is T : C: i : 0 •c
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b
d
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œ
>
p -* © 3. ® ® «
el«® g é)oig t» to ^ 8 §
©2
Itfál
^ A © - {tesi $
g®
W ©s
Good Ordinary......... . . . . . . - f lb,
„ ,
891« ~8»iê" 8°ia 8®ie
Beriet Good O r d i n a r y ............ H o b H oll- 9 1*
914 S k
9*4
da y. d a y. ¡10318 10316 10318 1 0 3 la
Low M iddlin g.............. .
Middling............................................
l i t i * H*ie 1U16 !iHi6
spot m a r k e t
§
3 3 8 ,6 4 9
2,571
1,6 2 8
:
e .f §
pipa»
o: «
Si 1
OI «
K
gg
44
NEW ORLEANS.
TEXAS.
UPLANDS.
Sac. Hlon Tuet» Sat. M o n T o e * Sat. M o n T n e «
Ordln’y.tflb
Strict Ord..
Good Ord..
Btr, G’dOrd
Low Midd’g
Btr.L’w Mia
Middling...
Good Mid..
Btr.G’d Mid
Midd’g Fair
Fair...........
<
tri ®
L ea v in g
Stock.
The Cotton Exohange was dosed for the first two days of
the week under review; and since then values of cotton for
future delivery at this market have varied widely, with con
siderable speculative excitement, but maintaining an irregular
advance over the figures of last Friday. The re-opening on
Tuesday found the operators for a rise giving especial atten
tion to this crop—forcing up prices, exhausting margins and
causing large buying to cover contracts on the part of the
worried bears. The advance in the next crop was but slight,
and seemed to have no other basis than sympathy with the
general temper of speculation. On Wednesday a weak open
ing was followed by a sharp decline, in which Tuesday s
advance was partly lost for this crop, and the next crop fell
below Friday's close. But on Thursday there was a fresh ad
vance, due to a better report from Liverpool, though the early
improvement was partly lost under sales to realize. This
morning there was a fresh decline, due to manipulation, but
fully recovered on buying for Southern acoount. Little heed
is given to reports of probable short-time In Lancashire. Cot
ton on the spot was advanced 8-16c. on Tuesday, but hag
since been quiet, and closes at 11 7-16c. for middling uplands.
The total sales for forward delivery for the week are 519,900
bales, For immediate delivery the total sales foot up this week
1,784 bales, including 375 for export, 1,859 for consumption,
— for speculation and — in transit. Of the above, — bales
—
were to arrive. The following are the official quotations for
each day of the past week.
May 28 to
June 3.
T he Sales and P rices op Futures are shown by the follow
ing comprehensive t a b l e . ____________
O
b
g
3
3
2. QgSPgoa£| •y ;
o ** 2 o ft ® O » O »
0 0
3
B
o o O S i Sr ® * as S3.
e*
S
» Pi
« 2 mo
bS- B
P0 6
0 9
< 1»
D—
On S hip b oa rd , n o t c lea r ed —f o r
J u n e 3 , AT—
719
CHRONICLE.
I «
:
1. S :
M--CUM M M m M
©OO© © o© ©
cô *cO ob
j
M M ©M
o
tO CO M œ o
Í® }
•
© i ;
M' 1 I
M
M
1
* I n o iia tw tau w u i eeyutiuuiu', 18 8 6 , i o r S ep tem b er, 4 ü ,s u u ; S eptem
ber-O otober, fo r O ctob er, 2 87 ,20 0 .; S eptem b er-N ovem b er, fo r N o v e m b e r
4 4 1 ,7 0 0 ; S eptem b er-D ecem b er, fo r D e c e m b e r, 7 6 5 ,1 0 0 ; Septem berJ a n u a ry , fo r J a n u a ry , 1 ,6 8 5 ,9 0 0 ; S eptem b er-P eb ru a i y , fo r F e b ru a ry ,
1 ,2 8 2 ,4 0 0 ; Sei'tem ber-M aroh , fo r M a rch , 2 ,1 0 6 ,8 0 0 ; S eptem b er-A prll,
f o r A p ril, 1,62 8,90 0 .
W e h a v e in clu d e d In th e a b o v e ta b le , a n d s h a ll co n tin u e ea ch
w e e a t o g iv e , the a v e ra g e p rice o f fu tu res e a ch d a y fo r e a ch m on th . I t
w ill b e fo u n d un der e a ch d a y fo llo w in g th e a b b re v ia tio n “ A v e r .” T he
a v e ra g e fo r e a ch m on th fo r the w eek Is also g iv e n a t b o tto m o f table.
T ra n sfe ra b le O rd e rs—S a t u r d a y ,..........o . ; M on da y..............e .; T u esd a y,
1 1 -5 0 c .; W ed n esd a y, l l - 3 n c . ; T h u rsd a y, I W O c . ; F rid a y , ll* 4 0 o .
S hort n o tice s fo r J u n e —T u esd a y, l l * 3 7 o . ® l l ‘3 8o.
_
.
--
The following exchanges have been made during the w eek:
17 p d . t o ex o h . 5 >0 Mar. t o r O c t.
-128 p d . t o e x c h . 200 J an . fo r J u n e.
■02 p d . t o e x c h . 8 00 J u ly fo r A u g.
*06 p a. to ex o h . 3 00 A p r. fo r Oot.
•57 pd. to exoh . 100 O ct. tor Sept.
*15 pd. to e x c h . 5 0 0 N ov. f o r M a r.
•02 p d . t o e x c h . 1,2 0 0 N ov. fo r J an . i T 4 p d . to ex o h . 2 0 0 M ar. f o r O ot.
•04 pd. to e xoh . 4 o o D e c. tor Jan .
*02 p d . to exCb. 1 0 0 J u ly fo r Aug.
E v e n 1 0 0 J u n e fo r A u gu st.
T H E CH R O N IC LE.
720
T he V isible Supply of Cotton to-night, as made up by cable
and telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat, are this week’s returns,
and consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
figures for to-night (June 3), we add the item of exports from
the United States, including in it the exports of Friday only.
1887.
9 2 4 ,0 0 0
3 0 .3 0 0
1886.
6 5 4 ,0 0 0
15,000
1885.
9 7 7 ,0 0 0
2 6 ,0 0 0
1 88 4 .
9 1 1 .0 0
6 0,0 00
H a v r e ............... ............
M a rseilles.....................
B a r c e lo n a .....................
G e n o a ............................
T rieste............................
9 5 4 ,3 0 0
3 ,5 0 0
4 9 ,4 0 0
3 1 ,0 0 0
200
1 ,2 0 0
2 4 8 ,0 0 0
3 ,0 0 0
5 0 ,0 0 0
8 .0 0 0
1 1 ,0 0 0
6 6 9 ,0 0 0 1 ,0 0 3 ,0 0 0
5 ,3 0 0
5 ,6 0 0
5 0 .0 0 0
4 3 ,2 0 0
4 6 ,0 0 0
2 7 ,0 0 0
500
300
800
800
1 8 6 ,0 0 0
1 6 7 ,0 0 0
4 ,0 0 0
6 ,0 0 0
6 3 ,0 0 0
6 4 ,0 0 0
7 ,0 0 0
9 ,0 0 0
6 ,0 0 0
1 1 ,0 0 0
9 7 1 ,00 0
8,2 0 0
69,306
50,000
90(
2,900
2 50,000
6,000
52,0 00
11,000
10,0 00
T o ta l C ontin ental s to c k s ..........
4 0 5 ,3 0 0
3 3 3 ,9 0 0
3 6 8 ,6 0 0
4 5 5 ,30 0
S tock a t L iv e r p o o l........... b ales
T o t a l G reat B rita in s toek .
S to c k a t H a m b u rg .......................
S to c k a t B rem en ..........................
S tock a t A m sterd a m ............... .
S to c k a t R o tt e r d a m ...................
Stock at Antwerp.....................
S took
S toek
S took
S to ck
S took
at
at
at
at
at
In d ia c o t t o n a floa t fo r E u ro p e .
A m er. c o t t ’ n afloat fo r E u r’p e .
E g j'p t, Brazil,<fcc.,aflt fo r E ’ r’p e
S tock in U nited s ta tes p o r t s ..
S tock in U . 8. in terior t o w n s ..
U n ited States e x p o r ts to -d a y .
1 ,3 5 9,60 0 1 .0 0 2 ,9 0 0 1 ,8 7 1 ,6 0 0 1 ,4 2 6 ,3 0 0
3 72,000
2 1 8 ,0 0 0
2 9 1 ,0 0 0
8 2 9 ,0 0 0
76,0 00
9 8 ,0 0 0
2 0 2 ,0 0 0
5 5 ,0 0 0
2 ,0 0 0
23,0 00
1 6 ,0 00
4 0 ,0 0 0
4 2 7 ,3 4 1
4 5 9 ,7 0 7
5 08 ,25 5
8 4 6 ,0 1 8
4 8 ,4 6 5
4 6 ,7 1 3
1 2 6 ,7 3 7
3 8 .3 2 2
2,7 0 0
2 ,2 0 0
782
3 .8 2 1
T o ta l v isible s u p p ly ............2 .1 6 8 .7 2 2 2 ,1 5 0 ,7 1 3 2 ,1 6 5 ,8 5 4 2 ,4 ^ 8 ,1 7 2
O f th e a bov e, the tota ls o f A m erica n a n d oth er d escrip tion s are as f o l l o w s :
A m erica n —
6 3 3 ,0 0 0
4 9 0 ,0 0 0 7 3 3 ,0 0 0
L iv e r p o o l B t o c k ................. b a les1 6 8 6 ,0 0 0
2 5 9 ,0 0 0
3 0 3 ,0 0 0
2 3 6 ,0 0 0
. 2 6 3 ,0 0 0
9 8 ,0 0 0
7 6,0 00
2 0 2 ,0 0 0
A m erica n afloa t fo r E u r o p e .... 155,000
4 2 7 ,3 4 1
4 5 9 ,7 0 7
5 0 8 ,2 5 5
. 3 46 ,01 8
4 8 ,4 6 5
4 6 ,7 1 3
1 26 ,73 7
3 8 ,3 2 2
U n ited S tates in terior s t o c k s ..
2 ,7 0 0
2 ,2 0 0
3 ,8 2 1
782
U n ited States e x p o r ts t o -d a y ..
.1,8 8 9 .1 22 1 ,5 6 6,81 3 1 ,5 6 6 ,2 5 4 !L,5 2 2 ,8 7 2
E a st I n d ia n , B ra zil, die.—
In d ia a floa t fo r E u rop e.
2 3 8 ,0 0 0
3 0,3 00
. 142300
3 2 9 ,0 0 0
4 0 ,0 0 0
278.00C
60,000
1 52 ,30 0
372 ,00 0
23,000
2 4 4 ,0 0 0
2 6 ,0 0 0
1 0 9 ,60 0
2 1 8 ,0 0 0
2 ,0 0 0
1 6 4 ,0 0 0
1 5,0 00
»7 ,9 0 0
2 9 1 ,0 0 0
1 6 ,0 00
8 85 ,30 0
9 9 9 .6 0 0
5 8 3 ,9 0 0
7 7 9 ,6 0 0
1,522,872
1,389,122 1 ,5 6 6,81 3 1 ,5 6 6 ,2 5 4 1
T otal visib le s u p p ly ........... 2 ,1 6 8 .7 2 2 2 ,1 5 0 ,7 1 3 2 ,1 6 5 ,8 5 4 2 ,4 0 8 ,1 7 2
P r ic e Mid. U p l., L i v e r p o o l . . . .
5*8<1.
6% d.
Si&igd.
_ 6*80.
P rioe M id. U pl., N ew Y o r k . . . .
117jeo.
9*40.
1 0% o.
I l » i e 0.
(¡rgr* The imports into Continental ports this week have been
20,000 bales.
_
_
_
. . .
The above figures indicate an increase in the cotton in sight
to-night of 18,009 bales as compared with the same date of
1886, an increase of 2,868 bales as compared with the corres
ponding date of 1885 and a decrease of 239,450 bales as
compared with 1884.
A t the Interior T owns the movement—that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1885-86—is set out in detail in the following statement
B.
(3 C . W Ä # » *
Sign- * ? : P
bales less than at the same period last year. The receipts at
the same towns have been 1,137 bales less than the same
week last year, and since September 1 the receipts at all the
towns are 23,218 bales less than for the same time in 1885-86.
Q uotations for Middling Cotton at Other Markets.—
In the table below we give the closing quotations o f middling
cotton at Southern and other principal cotton markets for each
day of the past wees.
Week, en d in g
June 3«
G a lv e s t o n . . .
New O rleans.
M o b ile ...........
S a v a n n a h ...
C h a rle sto n . .
W ilm in g ton ..
N o rfo lk .........
B oston ...........
B a ltim o r e ....
Philadelphia.
A u g u sta ........
M e m p h is ___
St. L o u is ........
C in c in n a ti...
Louis v in e ___
CLOSING QUOTATIONS FOB MIDDLING COTTON ON—
S atur.
io n i«
10*8
10*8
10%
10%
10*8
11%
1 1%
1 1 7 .«
10*8
11
1 0%
11
11
M on .
10*8
10*8
10%
10%
10*8
11%
11
—
a*
o f*
Sfb
B V p ig b '
f
c
S .
"
ep
C I. 00 to C <1^1
J
O
C if** •
O
CCI*
j
£: : •
to* : O I
K
H
*
M
•
—
©
co^
O
»C0
r-
W ednes.
Thurs.
Fri.
l O i i je
10*8
10*8
10*8
1 0%
11
lU ie
1 1%
11%
11*8
11
11
10*e
11
11%
l O iije
10 %
1 0%
10*e
1 0%
11
1 1%
11%
11%
11%
11
11
10*8
11
11%
1 01 % «
10%
1 0%
10*8
1 0%
11
1 1%
11%
1 1%
11%
11
11
10*8
11
11%
Week
Andino—
Apr. 29........
May 6 .........
“ 18.......
“ 20........
“ 27......
June 8........
Receipt* a t (he Ports. SVk a t Interior 1irwn*. Rec’pts from P la n t ns
1886.
1885.
1886.
1887.
1885.
14,746
8.633
9.413
7,429
6,964
8,917
40,309
39,150
34.754
29,447
22,790
19,837
15,141
18,077
12,666
10,626
9,765
7,599
88,828 242,113
81,923 221,127
70,945 200,056
64,285 174,496
67,807 156,692
51.941 139,841
1887.
96,981
86,506
72.510
64,868
58,588
53,838
1885.
1886.
11,066
2,223 18,164
13,683
760 8,887
486 4,986
2,986
.....
188?.
6,016
2,eo a
2,984
3,485
2,844-
The above statement shows—1. That the total receipts from
the plantations since September 1, 1886, are 5,181,660 bales;
in 1885-86 were 5,809,167 bales; in 1884-85 were 4,740,004 bales,
2. That, although the receipts at the outports the past week
were 7,599 bales, the actual movement from plantations was
only 2,844 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 2,986 bales and for 1885 they were
— bales.
A mount of Cotton in Sight J une 3.—In the table below
we give the receipts from plantations in another form, and add
to them the net overland movement to June 1, and also the
takings by Southern spinners to the same date, so as to givesubstantially the amount o f cotton now in sight. _________
1886-87. 1 88 5 -8 6. 1 884-85. 1883-84.
5 ,1 7 5 ,8 8 7 5 ,1 8 5 ,1 7 6 4 ,7 0 5 ,2 7 8 4 ,7 6 4 ,2 4 6
R eceipts a t th e p o rts t o J u n e 3.
5 ,773
1 23,991
3 4 ,7 2 6
6 ,9 5 »
T o t. r e c e ip ts fro m p la n ta ’tns 5 ,1 8 1 ,6 6 0 5 ,3 0 9 ,1 6 7 4 ,7 4 0 ,0 0 4 4 ,7 7 1 ,1 9 0
7 71 ,79 2
5 96 ,33 1
Net ov e rla n d to J u n e 1 ...........
8 07 ,05 1
5 6 2 ,1 0 0
Southern o o n s u m p t’n to J une 1 3 5 6 ,0 0 0
2 9 0 .0 0 0 2 5 2 ,0 0 0
2 8 0 .0 0 0
a*.a* TaSr-i*• «
S'
:
Tues.
io n «
10*8
10*8
10*8
1 0%
11
11*18
11%
1 1%
1 1%
11
11
107g
11
11%
R eceipts from the P lantations.—The following table
indicates the actual movement each week from the plan
tations. The figures do not include overland receipts nor
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the out ports.
In terior sto ck s on J u n e 3 In
e x c e s s o f S e p te m b e r 1 ........ .
û U Ï+O ® fa ®
E S C m-® 9 J.
S
* » A ® 5 *4
P ST
® a -! R • 0*
[VOI. XLIV.
T o ta l in eigh t J u n e 3 ............. 6 ,3 0 9,45 2 6 ,4 0 6,21 8 5 ,5 8 8 ,3 3 5 5 ,6 1 3 ,2 9 9
a
I
N >rthem s p in n e rs’ ta k in g s to
J u n e 3 ..............................
1 .5 0 0 .2 6 3
lc w ill be been b y tn e a b o v e th a t m e
to-n igh t, as co m p a re d w ith la st y e a r,
as co m p a re d w ith 1884-85 is 7 2 1 ,1 1 7
1 8 8 3 -8 4 is 6 9 6 .1 5 3 bales.
1 .6 7 7 ,4 8 1 ,2 8 5,29 9 1 .4 6 2 ,2 4 9
d e cre a se in a in o u u t in eifcbt
is 6 ,7 6 6 hales, th e in orea se
b ales a n d th e in cr e a s e o v e r
W e a t h e r R eports b y T e l e g r a p h . —Our reports from the
South to-night are of a very favorable characrer. Rain has
fallen vt here needed, and generally the crop is doing finely.
The outlook iu Texas is especially gratifying.
fralvtutton, Texas,—There has been rain on two days o f the
•
;
;
s mï
M
M
:
week, the rainfall reaching one inch and six hundredths.
oc; • ceto
M toV» • 09 • : m :
< D n cdo â -5‘ 2
5
5
*
h
! <1 tOCH
^I
©COCK, to»-: ; oo C 1 MOico-^aoi« w
The thermometer has ranged from 70 to 87, averaging 79.
* D
C*
H
© © © i-* • C ©• • ©to* MO » b ‘ (5v|«l (0
S
?
May rainfall four inches and eighty-two hundredths.
Puestine, Texas.—Crops look exce«< ingiy promising. Rain
> C
-* H
MM
CQ
D 0*
to C tO Of C ^ J
O
O
has fallen on two days to the extent of nine hundredths of an
to C K C to to 4
O) W
^
C Q tO03 O C C ©»-••
OO
OO
KXI O C 00 rf* :
t tf
a © co co »* oo in
î.
© O' 05 C ‘ C •
D
inch. Average thermometer 76, highest 95 and lowest 62,
0<XCH©r-H*©©©QD' 5►M if“ tOC C 00
-‘
0 0
During the month of May the rainfall reached six inches and
eighty hundredths.
i*w
Huntsville, Texas.—It has rained on one day of the week,,
Oï^ O tM
C
0*
M t9 H ifCOHM
M
<jc*^©cn*->-»
©»-©»*0
^ co© :
CCXCHtoco© —
the rainfall reaching six hundredths of an inch. Prospect»
© o » -© c c © ©
OHüOOMtOMOÜ’ © '
1 * I*© ©
* -*
are excellent. The thermometer has averaged 83, the highest
»! "
C |*
O
M
M
O M
*
M
being 101 and the lowest 65. Rainfall during the month o f
I* © O © © > |* C » 3v| to C C <1to O 00 ©
O
-* O S
OO
»
<1O
*
© © O C © co Q j* © © c**o © © f
» O
C
j
May two inches and sixty hundredths.
MS
<î tf* © to to to M
CHi-CC C K © © m Tc
b c 0 H*0^ 3
0 0 COPECO
Dallas, Texas.—Corn and cotton are doing as well as pos
O r o h -p -*©C O*3
t0tO©©O»»f*.f-*Ol©f-^3<l^^Q0©^CCQ0 OD»
Ol© C *3 H C C
O » D*
tC©OfCKif'Mi-‘ OiWMi CK©W©©i^©©Ü<
sible. The wheat harvest is progressing, and the outturn w ill
be only about twelve bushels per acre. Rain has fallen on
J
to
to I
C I ^^3
O
to
;
w
M S ta S
three days of the week, the rainfall reaching thirty-three
ÌO ! ©XCH 0 MM
to* MM<ll*CH ©CO S r i
hundredths of an inch. The thermometer has averaged 80 and
<1 I M M Q C ûM C tSC dU si; C ^ n| Q io © o o ) w* 3
ü
O I <U3X©©l*CHiCCnX. ©©tOM©tOCKCK
ranged from 61 to 97. During the month ».¿May the rainfall
reached six inches and fifty-two hundredths.
5 9b
Austin, Texas.—There have been glorious showers on tw o
p } W 1 M M »»M J
O I
S
M©
K iO ;
K lN M M M W
_fcs
“
M l ®l*MOtljM*
-a i œ b f r w w » * iM h > ç ; o > t o l j o o o o s w
days of the week, the rainfall reaching fifty-two hundredths
© I oitoototooi;
m I a®d>w(Dt9i
of an inch. Crops are doing well, and fields are very clean,
* T h e figures fo r L ou isville in b o th y e a rs a re “ n et.”
but rain will soon be needed again. The thermometer has
t T his y e a r's figu res es tim a ted .
ranged from 65 to 99, averaging 82. During the month of
The above totals show that the old interior stocks have May the rainfall reached three inches and forty-five hun
decreased during the week 4,453 bales and are to-night 88,415 dredths,
C * IOCK MACCODO
O -»
lO
H üiO ä O ^ A
rÛ O itW «)^
t0 © It- it* ** <J<
1
*I)U S. ¡to
©co to io to ©
co ao oo or to h*© to co
00^3 C b» Cito Î-*C *- © b) h- 00 C 00(X V cc 00
O
O
O ?|
C © 001 O C » O C a Ü c*: 00 C ot co <J V 00»
C
* D K— » O *
J
CWCûOtC0'si*-O*rf>*CD©^J^|ifk.©t0^JO«>~*
TH E CH R O N IC LE .
J une 4, 1887.]
721
Luling, Texas.—It has rained on one day of the week, the the week, light on two, the rainfall reaching one inoh and
rainfall reaching fifty-six hundredths of an inch. There are fortv-nme hundredths. The thermometer has averaged 74
—
magnificent crop prosp ects. Average thermometer 84, highest the highest being 89 and the lowest 64.
101 and lowest 70. Rainfall for the month of May five inches
Augusta, Georgia.—Accounts are good. The crop is de
and sixty hundredths.
veloping promisingly. It has rained on four days of the week,
Columbia, Texas.—It has rained gloriously on two days of on two o f which quite heavily, the rainfall reaching two
the week, and crops have been greatly benefitted. The inches and sixty-one hundredths. The thermometer has
rainfall reached one inch and twenty-seven hundredths. The ranged from 60 to 89, averaging 74. During the month of May
thermometer has averaged 81, the highest being 98 and the the rainfall reached one inch and sixty-one hundredths.
lowest 65. During the month of May the rainfall reached two
Albany, Georgia.—We have had rain on three days of the
inches and fifty four hundredths.
week, the rainfall reaching fifty hundredths of an inoh. Crops
Cuero, Texas.—It has rained tremendously on two of the are booming; cotton blooms plentiful. Average thermometer
week, but to the great benefit of the crops. The rainfall reached 73, highest 86, lowest 61.
five inches and fifty hundredths. Prospects first class. The
Charleston, South Carolina.—W e have had rain on six
thermometer has averaged 83, ranging from 66 to 101. Rain days o f the week, the rainfall reaching thirty-eight hundredths
fall for the month of May seven inohes and fifty-eight ? f . an«inch- The thermometer has averaged 76, the highest
hundredths.
being 85 and the lowest 65.
Brenham, Texas.—Telegram not received.
Stateburg, South Carolina.—There has been rain on two
BeUon, Texas.—Crops look very promising. Rain has days o f theweek, to the extent of eighty-four hundredths of
fallen on two days of the week, the rainfall reaching twenty- an inch. W e have had rain enough for the present, but more
one hundredths of an inch. Average thermometer 83» highest is threatened. The thermometer has averaged 71 3. ranging
103 and lowest 64. During the month of May the rainfall from 53 to 86.
6 6
reached five inches and forty-one hundredths.
Wilson, North Carolina.—It has rained on two days of the
Weatherford, Texas.—It has rained on one day of the week, the reinfall reaching one inch and seventeen hunweek, the rainfall reaching one inch and fifty hundredths.
Corn and cotton are good. The new wheat harvest is a fail ing 71 * The thermometer has ranged from 58 to 86, averagure, the yield being only eight to ten bushels per acre. The
The following statement we have also received by telegraph
thermometer has averaged 77, the highest being 100 and the showing the height of the rivers at the points named at 3 o’clock
lowest 60. Rainfall during the month o f May three inches June 3, 1887, and June 8, 1886.
and eighty-seven hundredths.
New Orleans, Louisiana.—W e have had rain on four days
June 2, ’87. June 3, ’86.
o f the week, the rainfall reaching two inches and three hun
Feet. Inch. Feet. Inch.
dredths. The thermometer has averaged 76.
9
8
14
4
Shreveport, Louisiana.—Rainfall for the week two inches New Orleans .........A b o v e low-water mark. 14
M em p h is......... ....A b ov e low-water mark.
6
22
0
and twenty-two hundredths. The thermometer has ranged Nashville.. . . . . . . . . . . . Above low-water mark.
4
1
6
1
Shreveport.. . . .......A b o v e low-water mark. 15
from 64 to 98, averaging 87.
3
3
9
9
41
6
Columbus, Mississippi.—There has been rain on two days V ick sb u rg . . . . . . . . ....A b ov e low-water m a rk . 23
o f the week, the rainfall reaching two inches and four hun
Doha Cotton Movement prom all P orts.—The receipts
dredths. Average thermometer 69, highest 84 and lowest 57. and shipments o f cotton at Bombay have been as follows for
Rainfall during May two inches and eighty-nine hundredths. the week and year, bringing the figures down to June 3.
Leland, Mississippi.—It has rained on one day o f the
BOMBAY RECEIPTS AND SHIPMENTS FOB POOR YBAB8.
week, the rainfall reaching twenty hundredths of an inch.
The thermometer has averaged 73-4, the highest being 83 and
Shipments this week. Shipments Since Jan. 1.
J
Receipts.
the lowest 58.
Great
This
Meridian, Mississippi.—It has rained on three days of the .Tear BrlPn. Conti Total. Great Conti
Total.
nent.
Britain nent.
Year.
Week.
week; crop prospects are good. The thermometer has ranged
from 60 to 90.
1887,20,000 58.000 78.000 295.000 569,00C 864.000 60,000 1.273.000
1886 27,000 33.000 60.000 248.000 516.000 764.000 74.000
Greenville, Mississippi,—Telegram not received.
1885 15.000 51.000 66,000 179.000 396.000 575.000 58.000 1.179.000
Clarksdale, Mississippi.—Telegram not received.
1884i 26,000 20.000 46,000 404.000 542.000 946.000 75.000 864,000
1.364.000
Vicksburg, Mississippi. — It has been showery on five
days of the week, the rainfall reaching three inches and forty
According to the foregoing, Bombay appears to snow a
hundredths. The thermometer has averaged 61, the highest dfc™a*e compared with last year in the week’s receipts of
being 91 and the lowest 77.
14,000 bales, and an increase in shipments of 18,000 bales, and
Gloster, Mississippi.—Telegram not received.
the
Helena, Arkansas.—There have been showers here on The shipments since Jan. 1 show an increase of 100,000 bales.
movement
Madras
other India
for
three days of the week, the rainfall reachiog one inch and the last reportedat Calcutta,since the and o f January, portstwo
1st
for
fifteen hundredths. In the neighborhood it has been showery years, has been week and
as
all the week and there are indications of more. Crops con Tuticorin, Kurracheefollows, “ Other porta” cover Ceylon.
and Cooonada,
sequently are grassy. Average thermometer 73, highest 90
and lowest 58.
Shipments fo r the week.
Shipments since January 1.
Memphis, Tennessee.—It has rained on three days of the
Great
Conti
Great
„ _..
week, the rainfall reaching twenty-six hundredths o f an
Total. Britain, continent, Total.
Britain. nent.
mch. The crop is developing promisingly. Fourteen hun
dred and sixty-two bales are added to this week’s receipts as Calcutta—
1887........
4.000
6,000 10,000
correction. The thermometer averaged 73 and ranged from
eo.ooo 101,000 181,000
1886........
2.000
2,000
44.000
25,000
55-5 to 84. During the month o f May there was rain on four Madras—
69.000
teen days, and the rainfall reached two inches and eighty1887........
4.000
2,000
6,000
1886........
three hundredths. The thermometer ranged from 54 to 90*5
3.000
3,000
and averaged 78.
* All others—
1887........
15.000
15.000
30.000
Nashville, Tennessee.—W e have had rain on three days of
1886........
23.000
13.000
36.000
ttie week, the rainfall reaching one inch and twelve hunTotal a l l ln 67
The thermometer haB ranged from 53 to 81, averag1887........
4.000
6,000 10,000
99.000
Mobile, Alabama. It has been showery on six days of the
week, the rainfall reaching fifty-four hundredths of an inch.
Crops are splendid. The thermometer has averaged 74 the
J £hest Î m“ 8 & “ d Îhe loweafc
“
Rainfall during ’ the
month of May three inches and eight hundredths.
Montgomery, Alabama.—It has rained on five days of the
week, the rainfall reaching one inch and three hundredths.
JS*
and cr°P are most satisfactory. Prospects are
the best m many years. Blooms are reported. Average
thermometer 74, highest 88 and lowest 64. Rainfall for May
two inches and eighty-four hundredths.
y
Alabama.—W e have had rain on three days of the
d S Î b î he^ .mÎSllreach,? g u
ne inch and seventy-eight hun-
a averaK6d 7S ,h6
8
,k
.ave lwtd rain on three days of
T h « ïe
seventy hundredths of an
inch. The crop is developing promisingly. The thermometer
has averaged 73, ranging from 61 to 83.
thermometer
Madison, Florida.—Rain on three days o f the week The
rainfall reached one inch and eighty eight-hundredths* The
thermometer has ranged from 63 to 85, averaging 70. ‘
w
&eor9ia-—W have had rain on two days of the
e>
W rw .. C/ ops acc<>unts are favorable and stands good.
®e°r9ia.—We have had rain on two days of the
week, the rainfall reaching one inch and sixty-six hundredths
A verage thermometer 73, highwt 88, lowegt M
^'
» Savannah,
Qeorgia.—
There ha. been rain on
inch
1886........
2.000
2,000
70.000
118,000
38,000
217.000
108.000
The above totals for the week show that the movement from
the ports other than Bombay is 8,000 bales more than the same
week last year, For the whole of India, therefore, the total
shipments since January 1, 1887, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUBOPB FROM ALL INDIA.
1887.
1886.
18S5.
Shipments
to all Europe
from —
week.
Since
Jan. 1.
B om b a y..........
All other porta.
78.000
10.000
864.000 60,000
217.000
2,000
764.000 66,000
108.000
1,400
575,000
169,400
88,000 1,081,000 62,000
872,000 67,400
» 81,400
Total..........
This
This
week.
’ Since
Jan. 1.
This
week.
Since
Jan. 1,
A lexandria R eceipts and Shipments.—Through arrange
ments we have made with Messrs. Davies, Benachi & Co. c f
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. Thefollowing
are the receipts and shipments for the past week and for the
Alexandria, Egypt,
June 1.
Receipts (cantara*)—
This w eek....
four day» of Sept. 1
Since
1886-87.
1885-86.
1884-85.
2,000
2,859,000
2,000
2,858,000
2,000
3,594,000
TH E SC H R O N IC LE,
722
Since
This
w eek. Sept. 1.
This
Since I This
w eek. Sept, l .j w eek.
r v c i. 2L 1\,
Since
Sept. 1.
J ute Butts, B agging, & c.—There is only a moderate
inquiry for bagging and the market is not active. Prices are
E x p o r t s (b ales)—
lb., 6^@ 6% c.
1 ,0 0 0 2 9 7 ,0 0 0 steady and sellers are quoting 6@ 6^o. for
1 ,0 0 0 2 2 5 ,0 0 0
1,0 0 0 2 5 1 .0 0 0
2 ,0 0 0 | l6 6 ,0 0 0 j 2 ,0 0 0 ,1 8 9 ,0 0 0 for 1% lb., 7@7J^c. for 2 lb. and 7)£@7%c. for standard
1,0 0 0 148.000
3 ,0 0 0 391,0001 3,OOOÌ486,OCO grades, with some holders asking a shade higher. Butts are
T o ta l E u ro p e .......... 2 ,0 0 0 ¡39 9 ,0 0 0
steady, though not active, and paper grades are held at 113-16
* A ca n ta r is 98 lbs.
and bagging qualities at 2%@2}£c. The stock here and
This statement shows that the receipts for the week ending on the way is 112,522 bales.
June 1 were 2,000 cantars, and the shipments to all Europe
E ast I ndia Crop . —From Messrs. Gaddum, Bythell & Co’s
2,000 bales.
Manchester Market.—Our report received by cable to-night report dated Bombay April 29, we have the following :
T
ip ts in B
b
this
,
u gh sm
st w eek,
from Manchester states that there is no market owing to the a rehe re c erge, o w inogmcha yfly to w e e k h ea lth oa rriv a ls aoller th a n las, steam
still la
ie
th e
avy
f D b ollera
holiday. W e give the prices for to-day below, and leave ers, b oats a n d th e ra ilw a y h a v in g b ro u g h t in la rg e q u a n tities o f this
co tto n d a ily . O om ras, as w e a n ticip a te d last w e e k , s h o w a fa llin g o ff of
those for previous weeks of this and last year for comparison. n e a rly 7 ,0 0 0 bales, an d as su p p lies in th e u p -co u n try m a rk e ts a re now
188 6 .
188 7 .
3 2 « Oop.
Twist.
A p r 29
M ay 6
« 13
“ 20
*• 27
June 3
8*4 tbs.
S hirtings.
d.
a.
76J6-716 I f
76u _ 7 1 6 le
76ie—716lf
7Bib—'71Bie
7Blft_ 7 1 6 „
. . . . . . H oli
s. d.
s. d.
5 9 « 6 10*2
5 9 0610k
5 9 0 6 10k
5 8 « 6 10
5 8 0 6 10
d a y ...................
Oolt’n
M id. 3 2 « Oop.
Twist.
TTplds
d.
558
I d.
7*8
7*8
5% |7l16
5 l3 16l7116
5 i3 1 6 7 k
5 78 l 7 k
511-16
d.
0 7°8
® 7 b8
07*18
0 7 9 ,6
»768
O76a
CoW n
M id.
TTplds
8 k lbs.
Shirtings.
s.
5
5
5
5
5
5
d.
7
7
7
7
7
7
s.
06
06
06
06
06
Od
d.
7
7
7
7
7
7
d.
5k
5*16
5k
5k
5k
5k
v e r y sm all, w e e x p e c t to see a fu rth er d e cre a s e n e x t w e e k . M a n y o f the
p ro d u cin g d istricts are n o w q u ite e x h a u ste d , a n d the q u a n tity o f O om ra
d e crip tio u s w h ich w ill b e stored u p -co u n try an d b e l l o v e r th e rainy
season is e x p e c te d t o b e un u su ally sm all th is se a so n . B r o a c h is p racti
ca lly fin ish ed ; m a n y o f th e g in n in g fa c t o r ie s h a v e a lre a d y clo se d for
th e season , a n d th e q u a lity o f th e s m a ll q u a n titie s o f c o tto n n o w ob
ta in a b le is v e r y u n sa tis fa cto ry . S a w g in n e a D h a r w a r a n d C om p ta s are
co m in g in fre e ly fo r th e tim e o f y e a r ; b u t it m ust b e rem em bered
that o w in g to re ce n t ra ilw a y e x te n s io n s in th e D h a r w a r a n d C om pta
d isiricts, these c o tto n s n o w re a ch B o m b a y a lm o st a m o n th ea rlier than
in fo rm e r yea rs.
Comparative P ort R eceipts and D a ily Crop Movement
—A comparison o f the port movement by weeks is not accurate'
Our Cotton A creage R eport .— Our cotton acreage report as the weeks in different years do not end on the same day Of
will probably be ready about the 9th of June. Parties desir the month. W e have consequently added to our other standing
ing the circular in quantities, with their business card printed tables a daily and monthly statement, that the reader may
thereon, should send in their orders as soon as possible, to constantly have before him the data for seeing the exact relative
movement for the years named. The. movement sine6
ensure early delivery.
September 1,1886, and in previous years, has been as follows.
N ew Y ork Cotton E xchange — S eventeenth A nnual
M eeting .— The New York Cotton Exchange held its seven
teenth annual meeting on Tuesday, May 31. In the absence
of President Charles D. Miller, who was temporarily indis
posed, Vice-President J. H. Parker presided. The President’s
address was as follows :
M on th ly
R eceipts.
Y ea r B e g in n in g S eptem ber 1.
188 6 .
188 5 .
1884
188 3 .
1881.
188 2 .
3 8 5 ,6 4 2
345 ,44 3
3 4 3 ,8 1 2
3 2 6 ,6 5 6
S ep t’m b ’r 3 59 ,20 3
980 ,58 4
O c to b e r .. 1,034,450 1,0 5 5,52 4 1,090,385 1 ,0 4 6,09 2
N o v e m b ’r 1 ,1 6 9,97 9 1 ,0 8 3,55 2 1,1 2 2,16 4 1 ,0 3 0,38 0 1,0 9 4,69 7
D e o e m b ’r 1,164,886 1 ,0 6 9,92 0 1,104,211 1 ,0 5 9,65 3 1,112,536
4 75,757
5 4 3 ,3 9 3
4 8 7 ,7 2 9
J a n u a ry . 6 44,631
752 ,82 7
2 61 ,44 9
3 8 5 ,93 3
4 04 ,27 2
4 14 ,65 6
5 95 ,59 8
F ebruary.
1 63,503
2 41 ,51 4
4 82 ,77 2
2 83 ,64 5
2 5 8 ,3 3 2
M arch ...
103 ,37 5
2 0 2 ,8 6 6
111,755
2 84 ,51 9
8 9 ,1 8 6
A p r il. . . .
133,117
3 5 ,5 75
4 5,9 18
4 7 ,4 2 6
1 85,523
M a y .........
4 2 9 ,77 7
8 5 8 ,19 5
974 ,04 3
9 96 ,80 7
4 87 ,72 7
291 ,99 2
257 ,09 9
147,595
113,573
E v e r y office In ou r la rg e b u ild in g is ren ted , w h ile th e ru n n in g exp en ses
h a v e been l ed u ced to th e low est ra te con sisten t w ith g o o d m an agem ent.
T h e to ta l ren tal fo r offices is $ 63 ,91 8 7 4 ; cost o f ru n n in g th e b u ild in g
w a s $ 4 9 ,8 8 7 13, and $ 4 ,6 8 2 13 h a v e been e x p en d ed in n eed fu l ch an ges
a n d furnitu re. This s h ow in g is a m ore fa v o r a b le on e than ca n be m ad e
fo r any oth er lai ge office b u ild in g d o w n to w n .
*
*
. *
■*
T h e v olu m e o f busin ess d on e sh ow s an Increase o v e r th a t o f the p re
v io u s yea r. T ra n sa ction s in co tto n fo r fu tu re d e liv e r y : 1^87, 2 8,0 79 ,8 0 0 b a les; I t 86, 2 5 ,3 8 2 ,5 0 0 b a le s ; 1885, 2 1 ,4 6 2 ,9 i;0 bales. T ra n sa c T o t a l........ 5 ,1 7 2 ,4 1 5 5 ,1 7 2 ,3 4 5 4 ,7 0 1 ,8 6 4 4 ,7 5 2,79 1 5 ,8 1 5 ,7 1 2 4,551,808
tion s in a ctual c o t t o n : 1 88 7 , 3 1 3 ,6 0 7 b a le s ; 1 8 8 6 ,4 8 8 ,9 7 7 b a le s ; 1885,
5 8 3 .6 6 3 b ales.
*
*
*
*
.
, ___ , P e re ’ tag e o f to t. p o rt
98*44
97-99
96-61
96-43
I m p o r ta n t ch a n ges h a v e l)6en m a d s in tlio b y -la w s d u rin g th e p a st
95-84
re c e ip ts M ay 31 ..
y e a r. W hat is k n ow n as the in sp ection o f cotton has been a d op ted b y a
v o t e o f th e E x ch a n g e , a n d rep eals an d a m en d m en ts t o co n fo rm to sam e
This statement shows that up to May 31 the receipts at the
h a v e been d u ly m ad e.
,
.
.,
• ; . ,
T h e rep ort o f th e T ru stees o f th e G ra tu ity F u n d sh o w s b a la n ce o n ports this year were 70 bales more than in 1885-86 and
h a n d , $45,1C 6 54, o f w h ich $ 1 8 ,0 0 0 is loa n ed on rea l estate; $ 2 9 ,6 9 4 54 470,551 bales more than at the same time in 1884-85.
o n d ep osit w ith N ew Y ork L ife In su ra n ce a n d T ru st C om p any.
_ ___
Shipping News .—The exports of cotton from the United
T h e T rea su rer’ s re p o rt s h ow s b a la n ce on h a n d M a y 26th, 1887,
$ 3 ,7 2 5 11, o f w h ic h $ 7 2 4 is to cred it o f J o h n F . B la ck , an d $ 4 4 7 72 to States the past week, as per latest mail returns, have reached
cr e d it o f J. A . W eed en . J r., m em b ersh ip sale.
T h e receip ts and ex p en ses o f th e E x ch a n g e fo r the en su in g y e a r are 12,898 bales. So far as the Southern ports are concerned, these
estim ated as fo llo w s : R eceip ts, $ 3 9 ,1 0 0 ; exp en ses, $ 3 4 ,3 0 0 ; le a v in g a
Are the same exports reported by telegraph, and published in
surp lu s o f $ 4 ,6 0 0 .
^
. . ....
..
T he estim ated receip ts an d ex p en ses fo r ru n n in g th e b u ild in g fo r th e the Chronicle last Friday.
With regard to New York vie
en su in g y e a r are as fo llo w s : R e ce ip ts , $ 6 5 ,9 0 0 ; e x p e n se s, $ 5 3 ,2 2 5 ;
le a v in g a surplus o f $ 1 2 ,6 7 5 .
,.
...
_
, . ‘ include the manifests o f all vessels cleared up to Thursday.
T he surplus w ill b e a p p lied tow a rd s th e red u ction o f the flo a tin g d e b t
Total bales
o f $ 1 5 ,00 0 . In v ie w o f th e fo re g o in g fin a n cia l sta tem en ts, the B o a rd N e w Y o b k —T o L iv e r p o o l, p e r steam ers A ra b ic, 5 4 8 ___ B ritish
o f M anagers re co m m e n d th a t th e a n nu al d ues fo r th e co m in g j ear b e
Q ueen, 5 2 1 ___ E g y p t , 6 0 5 ___ E tru ria , 4 9 . . . . R e p u b lic, 1 7 7
1,900
con tin u ed at $75 .
i
T o H u ll, p e r steam er S an tiago, 5 0 ........................................... .
50
T o H a v re , p e r steam er L a B o u rg o g n e , 3 0 ................. ............. .
30
The Treasurer's report showed receipts for the year, includ_
T o A n tw e rp , p e r stea m er N o o rd la n d , 123 ...................................
123
T o P a le rm o , p e r stea m er L etim b ro, 9 3 4 ............... .....................
934
ing balance on hand May 28, 1886 ($6,117 29), of $110,018 92;
N e w O r l e a n s —T o L iv e rp o o l, p e r steam ers A u stra lia n , 2 ,7 5 0
disbursements, $106,293 81, leaving a balance May 26, 1887, of
....H a y t i a n , 9 9 1 .............................................. ..............................
3,741
T o H a v re , p e r stea m er N antes, 2 1 6 ....................................... ' . . . . .
216
$8,725 11.
T o B rem en, p e r steam er C lifto n , 2 ,6 9 3 ...........................................
2,693
T o B arcelona, p er b arks E sparia, 3 0 0 ....F a n n y , 4 0 0 ...............
700
Cotton Consumption and O ver la n d M ovement to J une 1,
T o M alaga, p e r b ark F reih a n d el, 1 ,5 0 0 .........................................
1*500
B a l t im o r e —T o H a vre , p e r stea m er E fficien t, 2 5 . . ............... ..........
t 25
—In consequence of the small movement during the month of
T o R o tte rd a m , p e r steam er A lb a n o , 2 0 0 . . ....................................
200
May we omit giving our usual extensive details.- Below, how. B oston —T o L iv e rp o o l, p e r steam ers C atalonia 3 7 9 .. .V e n e tia n , 4
383
T o Y a rm o u th , p e r stea m er Y a rm o u th , 1 5 ...................................
15
ever, we present a synopsis for the month of May and for the
25
T o St. J o h n , N. B ., p e r steam er S tate o f M aine, 2 5 ...................
P h i l a d e l p h i a —T o L iv e rp o o l, p e r stea m er L o rd G ou gh , 3 6 3 ........
363
nine months of the season to June 1:
T o t a l ............................................................................................................
j 1 886-87.
1885-86.
86,385
43,861
G ross o v e r la n d fo r M a y .................... h a les.
G ross overlan d fo r 9 m o n th s ....................... 1,2 4 1,42 9 1,158,202
2 0,993
64,938
N e t ov e rla n d fo r M a y .....................................
807,051
7 7 1 ,79 2
N e t ov erla n d fo r 9 m o n th s ...........................
47,4 26
133,147
P o r t reotip ts in M a y .......................................
P o r t receip ts in 9 m o n th s ............................. 5 ,1 7 2 ,4 1 5 5,1 7 2,34 5
2 94 ,00 3
69,222
E x p o r t s in M a y ................................................
4,203,644 3,869,051
E x p o r t s in 9 m o n th s ......................... .....
533,431
3 58 ,11 2
P o r t stocks o n M a y 3 1 ..................................
N orth ern spin ners’ tak in gs to J u n e 1 . . . . 1 ,4 9 7,52 3 1,669,511
3 5 6 ,OCO 290 ,00 0
S ou th ern spin n ers’ tak in gs to J u n e 1 ....
O v erla n d t o C an ad a fo r 9 m on th s (in37,862
3 6,979
elu d ed in n e t o v e r la n d )................
19,2 06
2,5 5 0
B u rn t N o ith a n d S outh in 9 m on th s.......
8,255
9,180
S to c k a t N o ith ’n in terior m ark ets J une 1
1 13,822
53,419
C am e in sight d u rin g M a y .................... . - ••
A m o u n t o f c r o p in sig h t Ju n e 1 . . . ........... 6,303,207 6 ,4 0 0,39 6
4 8 6 56
4 8 7 -3 ’A v f ra ge w e -g h t o f b a le s ......................—
1 88 4 -8 5.
3 0 ,0 4 9
9 2 4 ,8 0 9
1 7,613
5 96 ,33 1
3 5 ,5 75
4 ,7 0 1 ,8 6 4
1 15 ,32 0
3 ,6 6 6 ,3 4 1
4 42 ,31 3
1,2 8 0,60 8
2 3 2 ,0 0 0
2 2 ,8 7 5
4 ,1 6 5
4 ,8 5 7
3 3 ,9 7 3
5 ,5 8 9 ,9 8 0
481 02
12,898
The particulars of these shipments, arranged in our usual
form, are as follow s:
N ew Y o r k .
N. O rlea n s.
B a lt im o r e .
B o sto n ........
P hiladel’ia .
B a rceB olter- Iona, Y ard a m M a la ga m o’ th
and
< P a - < St.
&
£
L iv e r
pool. H u ll. H a vre. B rem . A n lw ’p . lerm o. Joh n.
50
3 0 ..........
123
9 3 4 ..........
1 ,9 0 0
3,7 4 1 ..........
2 1 6 2 ,6 9 3 .......... 2 ,2 0 0 ..........
..........
2 5 ..........
2 0 0 ........................
3 8 3 ....................................................................
40
3 6 3 ...................................................................................
T o t a l . . . ” 6 ,3 8 7
50
271
2 ,6 9 3
3 23
3 ,1 3 4
40
Total.
3,037
8,950
225
423
363
12,898
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing data down to the
latest dates:
New Orleans — o r L iv e r p o o l— May 27—Steam ers N a viga to r, 2,600}
F
S cu lp to r, 190.
B oston —F o r L iv e r p o o l—M a y 2 7 —S team er R om a n , 997.
F o r H a li f a x - M a y 2 5 —S tea m er CarrolJ, 153.
Below we give all news received to date of disasters to ves*
sels carrying ootton from United States ports, & c.:
■
^
723
T H E C H R O N IC L E
J une 4, 1887.
.n
. T h om n son . fro m N ew O rleans, w h ich a rriv e d
B R E A D S T U F F S .
F k i d a v , P. M „ J u n e 3 ,1 8 8 7 .
figh ters, and w ou ld oom m en oe t o d isch a rge th e r e m i n d e r M ay 12.
I t is b eliev ed that b o th vessel and ca rg o are sou n d , b u t in o rd e r to
i l l 1th e v e s s e la flo a t the ca p ta in m ad e an agreem en t w ith the
co n tr a c to rs fo r 25 p er cen t o f the ship, c a r g o and
A s s o i n a s t h e cargo ha s been d isch a rged a su rv e y w ill b e h e l d b y
U o y d ’s A gen t a n d » sw orn co tto n b rok er, an d a ce rtifica te w ill b e
d ra w n up.
■
Cotton freights the past week have been as follow s:
L iv erp ool, stea m d.
f Do
s a il.-d .
H a vre, steam . . . e .
■ Do
s a il..........o.
B rem en , s t e a m ..6.
I Do
sail . . . . e .
H a m b u rg, steam .«.
ft D o
s a i l .. ... .
A m st’d ’ m, steam e.
1 D o v ia L eith d.
R e v a l, s tea m — d.
■ Do
s a il.......... d.
B arcelon a ,stea m d .
Ge n oa .stea m ___ d.
T rieste, s t e a m ...d.
A n tw erp , steam .d.
w
Thurs.
P ri.
!ie
••••
6ie
••••
*16
he
he
516
..a*
35*
••••
P*
»
Vi
Wednes.
516
•••*
35*
H
P
*
Tues.
116
••••
•is
•••*
»1«
M on.
Saiur.
....
6ie
5ia
616
••••
8ie
•••*
35*
"18
"18
35*
••••
••••
l , 64“ lS64 l l 64_l3e4 1104-1^64
—
—
••••
1*84
1*04
n 64
1*64
1164®S16 ,10 t® 816 l l f4 ® S16 l l 84®*16
1564® % 1004®% 1*04® % 1*84® %
764
704
, 64
764
The flour market has been quiet. The check to the advance
in wheat, the recent free purchases by dealers, and the ap
proach of hot weather, all serve to reduce the demand. But
holders do not as yet show any inclination to give way in
values^ and the feeling to-day was quite firm—quotations
being nominally unchanged.
The wheat market was depressed in its speculative aspects.
The “ bulls,” or very many of them, seemed to give up the effort
to force a further advance in prices, a n i “ unloaded” with
great freedom. Under the circumstanoes the range of values
may be said to have been well sustained. The export move
ment continued on a very large scale; not so much, how
ever, in new business as in the completion of engagements
previously made,—serving, however, to effect a rapid reduc
tion of our visible supply ; and in this view there was some
recovery of tone and values.
DAILY CLOSING PRICES OF NO. 2 RED WINTER WHEAT.
P r i.
Wed. Thurs.
Tues.
Sat.
M on.
97%
96%
9 6%
96%
93%
950a
95%
96
93%
933s
93%
9 3%
93>fl
92%
93%
93
S eptem ber d e liv e r y ......... .
93%
93%
93%
94%
• •••
Ootober delivery................ 94%
94%
94%
94%
• •••
November delivery........... 95%
95%
95%
95%
95%
December delivery.-........ 96%
100*8 -|
1 0 0 % lOt) %
101%
May, 1888, delivery.......... 101%
Jane delivery..................... 96 s
July delivery..................... 96%
August delivery................ 94
Indian corn was somewhat depressed throughout the week.
The free offerings of receipts by lake and canal have weakened
I Liverpool.—By cable from Liverpool we have the following values, but the lower prioes led to an increased business for
Statement of the week’s sales, stocks, &c., at that port. We
export, and to-day there was a firmer feeling.
A dd previous weeks for comparison.
f
* P er 100 lbs.
M a y 13.
B a le s o f th e w e e k ............bales
| o f w h ich ex p orters t o o k . . . .
B O f w h ioh specu la tors to o k ..
F o rw a rd ed .
O f w hioh A m erica n .
.m ount a flo a t .............
O f w h ich A m erica n .
4 6 .0 0 0
4 .0 0 0
1.0 0 0
3 7 .0 0 0
1 2 .0 00
1 5 .0 00
9 8 2 .0 0 0
7 68 .00 0
7 9 .0 0 0
3 7 .0 0 0
2 0 9 .0 0 0
3 2 .0 0 0
M ay 20.
6 0 ,0 00
8 ,0 0 0
6 ,0 0 0
4 3 .0 0 0
13.0 00
8 ,0 0 0
9 7 1 .0 0 0
7 4 3 .0 0 0
57.0 00
2 4.0 00
192 .00 0
2 3.0 00
M ay 27.
5 8 .0 0 0
5 .0 0 0
3 .0 0 0
4 3.0 00
10.0 00
2 3 ,0 0 c
9 3 3 .0 0 0
7 0 6 .0 0 0
4 5.0 00
10.0 00
2 0 2 .0 0 0
1 8,000
J u n e 3.
3 7 .0 0 0
3 .0 0 0
6 .0 0 0
19.0 00
9 .0 0 0
8 .0 0 0
9 2 4 .0 0 0
6 8 6 .0 0 0
36.0 00
4 ,0 0 0
1 7 9 ,0 0 0
2 0.0 00
DAILY CLOSING PRICES OF NO. 2 MIXED CORN.
Thurs,
Tues.
Wed.
Mon,
Sat.
46%
3 6%
46%
June delivery..................... 47%
4 7%
48
47%
si
July delivery..................... 48
49
49%
48%
o
August delivery................ 48%
49%
5 0%
49%
a
September delivery.. . . . . .
Oats have developed some irregularity. Mixed grades were
a good deal depressed, but white oats were very firm. Yester
day and to-day, however, this has been reversed. Mixed oats
were to-day decidedly higher, especially on the spot and for
early delivery, a n i white oats deolined a fraotion. Crop
aocounts are fair.
DAILY CLOSING PRIOES OF NO. 2 OATS.
Thurs.
Sat.
M on.
Tues.
Wed.
The tone of the Liverpool market for spots and futures each
32%
£ :
32%
32%
d a y of the week ending June 3 and the daily closing prices June dellverv................... 32%
32%
J u ly d e liv e r y ......................... 33
¡¡jb
32%
32%
o f spot cotton, have been as follow s:
31%
August delivery...........................
-9 31%
Rye has been quiet. Barley malt has a steady sale.
Saturday'' M onday. Tuesday. W ednes. Thursd'y. F rid a y .
Spot.
The following are the dosing quotations :—
j
h F utures.
M arket, {
1 2 :3 0 p . m . }
M arket, ?
4 p . m. j
Firm.
Hardenl’g
w
o
5%
5%
1 2,0 00
2 ,0 0 0
5%
5%
10,0 00
3 ,0 0 0
5%
5%
10,0 00
2 ,0 0 0
1
TJpl’d s ........
M id. O rl’ns.
M id. B ales..
Spec. & e xp .
Moderate
demand.
w
o
M arket, )
1 2 :3 0 p .m . J
%
Strong at
3-04@5-64
advance.
Quiet at
1-04 de
cline.
Steady.
Barely
steady.
Firm.
Firm.
a
D
2
V
◄
1
The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
otherwise stated.
t y The p rices a re given in p en ce a n d Qkths, th u s :
4 6 3 -6 4 d ., a n d 5 01 m eans 5 1 -6 id .
S a t ., M a y 2 8 .
M o n ., M a y 3 0 .
4 63 m ea n s
T u e s ., M a y 3 1 ,
M a y ...........
May-June .
J udc- J u ly ..
Frt.
33%
33%
3 1%
FLOU R.
Pine.....................V b b l. #2 6 0 ® $ 3 35 South’n com. extras..$3 7 0 ® $ ! 20
Superfine
.....
3 0 0 9 3 55 Southern bakers'ana
..........j br ds..w bbl
family P P g U R H ___ 4 2 5 ® 4 8 5
Spring w h e a t e x t r a s . 3 5 0 a 3 8 0
ly e flour, s u p e rfin e .. 2 7 0 ® 2 9 0
Minn, cle a r a n d stra ’t . 4 1 0 a 4 75
F in e ............................. 2 1 0 ® 2 2 5
W intersh ipp’ g e x t r a s . 3 60 a 3 9 0
Winter X X & X X X . . 1 1 0 ® 4 85 C orn m eal—
2 4 0 ® 2 70
W estern , & o ..........
P aten ts.........
4 3 0 » 5 10
2 70 a 2 7 5
B ra n d y w in e ........ .
3 4 5 ® 3 65
Southern s u p e r s ...
GRAIN.
W h e a tS pring, p e r b u s h .
Spring N o. 2 . n ew
R ed w in te r, N o. 2
R ed w i n t e r .........
W h it e ...................
Jorn—W est, m ix e d
W est. m ix . N o. 2 .
W est, w h i t e . . . . . .
White S o u th e rn .,
f e l l o w S ou th ern .
87 ®
9 3% S
97 9
89 ®
90 ®
45% @
47
50 ®
47 ®
52 ®
48 ®
9 7%
9 5%
9 8%
99%
98%
48%
47%
53
51
58
51
S tate & P a ., % b u sh . 59 ® 63
3 2% ® 3 5 %
Oats—M i x e d ..........
W h ite............................ 37 ® 4 0
N o . 2 m i x e d . . . . . . . . . 34 ® 3 4 %
N o. 2 w h it e ............... 3 7 % ® 3 8 %
B arley—C a n a d a .......... .... ® >•••
®
T w o -ro w e d S t a t e ...
© . ...
S ix -ro w e d S t a t e ...—
M alt—State, 6 -ro w e d . 80 ® 83
S tate, 2 - r o w e d ......... 70 ® 7 5
C a n a d a . . . . , .............. 85 ® 95
P eas—C a n a d a ............... 65 ® 66
The movement of breadstuff» to market is indicated in the
statements below, prepared by us from the figures of the New
y 0rk Produce Exchange. W e first give the receipts at Western
lake and river ports, arranged so as to present the compara
tive movement for the week ending May 23, 1887, and since
July 24, for each of the last three years:
J
July-A ug...
Aug.-Sept..
September.
Sept.-Oct...
O ct.-N ov...
Nov.-Dee...
W ed n es. , J u n e 1 .
T h u r s ., J u n e 2 .
F r i., J u n e 3 .
Open High Low. Clot. Open High Low. Glos. Open High Low. Clot.
_
J n n e ..._ _
June-July..
July-Aug ..
Aug.-Sept..
September.
8ept.-Oct...
Oct .-N ov ...
N ov.-D ee...
Dec.-Jan_
_
F ri.
47%
48%
49%
50
a.
657
5 57
558
559
5 6b
5 48
538
535
535
d.
557
6 57
558
559
560
548
538
535
535
d.
5 57
5 57
558
5 59
5 39
5 47
5 37
5 34
535
d.
5 57
5 57
558
5 59
5 59
547
5 37
534
5 35
d.
558
5 53
5 59
560
560
5 43
538
5 35
5 33
d.
5 59
5 59
560
5 01
5 61
5 49
539
5 36
535
d.
5 58
5 58
5 59
5 60
5 60
548
538
5 35
535
d.
d.
5 59 5 59
5 59 5 59
5 60 5 60
5 61 5 61
5 61 5 63
5 49 5 49
5 39 5 89
5 30 13 36
5 35 5 35
d.
5 59
5 59
5 60
5 61
5 02
5 49
5 39
5 86
583
a.
5 59
5 59
5 00
5 61
5 62
5 49
5 39
536
535
d.
5 59
5 59
5 00
5 61
5 62
549
5 39
536
5 35
Rye.
Barley.
Oats.
Corn.
Wheat.
Flour.
Receipts at “ “ Bbls.lWlbt Bush.00 lbs Bush.50 lbs Bush.32 lbs Bush AS lbs\Bush.50 lbs
13,133
71,040
076,569 1,000,610 1,200,487
107,797
Chicago........
480
29,010
50,700
02,813
132,570
44,358
Milwaukee...
1,085
1,000
4,315
31,415
112,768
3,966
Toledo..........
5,703
15,183
14,587
104,303
3,890
Detroit.........
975
29,900
50,000
90,384
4,269
Cleveland...
1,902
5,583
223,010;
129,050
243,068
20,479
St. Louis. .. .
4,400
14,400
198,400
203,000
19,500
1.515
Peoria..........
343,043
.......
51,033
Duluth.........
21,000
128,320
210.313 1,721,795 1,587,933 1,052.739
Tot. wk. '87.
34,720
176,031
753,048 1,391,873 2,350,379
157,014
Same wk.’80.
47,146
119,273
1,849,138 1,947,528
838,199
Same wk.’85.
117,755
Since Jutl/24
72,580,006 56,592,654 20,937,403 1,871,259
9,274.043 78,003,337
1886-7.. ..
7,182,72? 52.109,700 79,939,343 52,395,093 19,833,982 2,720,719
1885-0........
1884-5........
8,758,769 93,330,094 84,358.680 52.255.558 16,333,029 4,445,86
The comparative shipments of flour and grain from the same
ports from Jan. 1 to May 28, 1887, inclusive, for four years
show as follows:
724
THE CH RONICLE.
Floor.............bbls.
1887.
5 ,263,843
*1886.
4 ,164,057
*1 8 8 5
5,4 9 9 ,7 8 0
*1884.
4,3 1 3 ,7 7 0
W h e a t .... .bush
C o r n .. ... . . . . . . . .
O ats.......................
B a r le y . . . . . . . . . .
R y e ........................
21,505,093
24,758,628
18,227,773
3,590 ,5 0 6
326,059
16,892,779
3 2 ,7 67,454
17,706,791
4 ,272,936
744,799
15,581,508
42,4 3 0 ,4 3 5
1 9,399,590
2 ,535.806
8 89.886
17,316,375
37,419,238
1 9,387,882
2 ,633,365
2,642,859
63,108, O 9
ü
<
%
* Include one week extra.
7 2,384,759
8 0 ,8 37,285
7 9 ,3 9 9 ,7 1 9
Total g r a in . . . .
Below are the rail shipments from Western lake and river
ports for four years:
Flour...........................bbls.
1887.
Week
M a y 8.
81,593
W heat.. , .................b u sh .
Com .......................................
O ats.......................................
B a r l e y . ... ...................
Rye.........................................
18?,375
291,442
6 3 7 , 1 07
4 4,765
15,170
T otal............................... 1 ,371,285
1886.
W eek
M a y 29.
84,158
1865.
W eek
M ay 30.
140,306
‘. 8 8 4 .
Week
M a y 31.
101,679
121,669
2 92,229
1 ,298,307
51,655
4 5,193
1,984 .6 4 0
988,091
1,125,098
23,485
17,020
167,244
711,175
1,105,879
58,749
49,843
1,799,033
4,1 3 8 ,3 4 3
2,0 9 2 ,8 9 0
The rail and lake shipments from same ports for last four
weeks were:
W eek
F lo u r ,
e n d in g —
bbls.
M ay 2 8 /8 7 301,0 8 7
M ay 2 1 ,’87 231,263
May 1 4 /8 7 307,1 3 3
M ay 7,*87 1 83,377
W heal,
bush.
2.248,205
1,713 ,0 5 6
2 ,1 7 6 ,8 7 9
2,637,191
Tot., 4 w. 1,022,860 8 ,773,331
4w’ks’86. 838.815 8 ,355,994
O orn,
bush .
1,466,055
1 ,478,213
960,8 6 4
2,C55,362
O ats,
B a r le y ,
b u sh .
b u sh .
1,367,964 44,785
1,265,793 46,184
1,085 ,8 8 6 64,734
7 5 5 ,1 3 0 65,313
6 ,5 6 0 ,4 9 1 4 .4 6 1 ,7 7 3
7,9 4 8 ,3 7 2 4 ,6 0 0 ,6 1 4
2 2 1 ,0 1 6
2 2 6 .3 l l
R y e,
bush.
15,1.76
9,902
11,987
16,068
53,188
150,393
The receipts of flour and grain at the seaboard ports for the
week ended May 28, 1887, follow:
F lou r,
W heat,
bbls.
bush.
A tNew York . . . . 109,386 1,486,906
Boston............... . 64,846
2 0,070
Montreal . . . . . . 16,503
140,550
Philadelphia.. . 18,806 429,252
217,265
Baltimore........ . 51,742
Richmond........ .
1,850
4,000
301,636
New Orleans.. . 14,984
O orn,
bush.
629,106
123,340
22,052
2 4,437
46,781
2 5,000
156,822
Oats, B a rley ,
B y,
bush.
bush.
bush.
290,0 0 0
28,500
81,950
8,225
2 3,557
2 54
40,617
39,292
000
4 ,800
24,035
..........
.........
[V ol. XLIV,
The visible supply of grain, comprising the stocks in granai y
at the principal points of accumulation at lake and seaboaid
porte, andin transit by water, May 28, 1887 :
Wheat,
I n sto re a t—
bush.
2 .8 0 5 ,3 2 5
N ew Y o r k ............
D o a flo a t..........
3 5 9 ,1 0 0
A lb a n y ....................
9 ,5 5 7
B uffalo....................
9 14 ,97 3
D o a flo a t ......
..........
C hicago................... 1 4,3 03 ,6 6 5
D o a f lo a t ..* ...
..........
M ilw aukee............. 1 ,6 6 3 ,3 6 6
___ _
Do a flo a t ......
Duluth.................... 9 ,2 4 4 ,0 5 7
Do a flo a t ......
..........
T o le d o ....................
5 88 ,55 1
D e t r o it ...... . . . . .
2 4 3 ,5 5 7
O sw ego...................
7 0 ,0 0 0
6 6 5 ,9 5 4
3t. L ou is.................
4 4,0 00
C in cinnati.............
B o s t o n ................
0 1,6 24
T oron to...............
1 4 9 ,0 0 0
2 7 4 .02 7
M o n tr e a l...............
P h ila d e lp h ia ........
7 43 ,32 8
P e o r ia ............
2 ,6 7 9
In d ia n a p o U s. . . . .
2 6,6 32
K ansas C ity ..........
146,081
B a ltim o r e . . . . . . . .
3 0 1 ,6 7 7
M in n e a p o lis.......... 6 ,1 2 7,01 4
7 4 0 ,0 0 0
St. P a u l...................
On M is s iss ip p i...
2 1 0 ,0 0 0
On la k e s ................ 1 ,5 9 7,95 3
On ca n a l & riv e r. 1 ,9 2 0 ,0 9 0
Tot. M ay
Tot. May
Tot. May
Tot. May
T ot. M ay
C om ,
bush.
1,135,302
9 9,700
10,685
854,322
Oats,
bush.
325,541
B ye,
bush.
B a riev.
bush.
41 ,5 2 6
237,625
13,026
12,000
12.000
8,883
15,638
5 ,903,343 1,324,563
136,895
29,396
18,283
1 7,057
10,018
143,9^5
16,354
4 3 ,000
1 ,704,826
6 ,000
102,988
20,000
6,222
350,171
138,331
16,678
151,645
77,257
21,273
26,715
6 ,830
5,0C0
156,600
1,055,579
1 ,062,400
183,691
5 8,000
247,959
22,000
71,651
39 ,2 7 0
478,874
16,550
11,209
1,100
29,030
7,000
2,508
4 ,COO
23,728
42,034
3 6,500
3,381
7,000
6,962
32 ,0 0 0
32 ,8 0 4
11,360
728
502,864
1 21,900
58. ’8 7 . 4 3 ,2 1 2 ,5 2 0 13,073,611 3 .750.268
277,276
2 1 , '8 7 . 4 3 ,0 18,837 1 3 .2 14,537 3,727 ,9 0 9 345.0 4 5
2 9 , ’8 6 . 3 4 ,8 88,596 7,914 ,9 5 1 1,919,850 274,075
30, ’8 5 i 36.7 3 3 ,7 5 9 5 ,533,977 2 ,5 6 5,590 222,986
31, ’84t 1 6,782,080 7 ,9 4 9,413 2 ,966,297 1 ,147,034
212,565
221,193
321,227
308,3 7 6
407,387
t Minneapolis and 8t. Paul not included.
T HE DRY GOODS T R A D E .
N e w Y o b k , Friday, P. M ., June 3 ,1 8 8 7 .
The auction sales of flannels and quilts referred to in our last
review o f the dry goods trade were the most interesting
Total w eek .. 278,117 2 ,599,685 1,027.538
5 04,251
8,479 2 9,100
The sales attracted to this city a
Oor. week ’86. 236.416 1 ,680,220 2 ,308,393 1,099,543
5 ,042 15,770 events of the past week.
The total receipts at the same ports for the period from Jan* very large representation of jobbers and prominent retailers
1 to May 28, 1887, compare as follows for four years:
from all parts of the country, and their general results were
1867.
*1886.
*1885.
*1894.
Flour.............bbls.
5 ,8 3 4,247
4 ,905,728
6,2 2 3 ,4 8 2
5,2 5 4 ,7 2 4
quite satisfactory to the owner?. Tuesday’s sale embraced
Wheat . . ... b u s h ,
C o r n .....................
Oats........................
B a r l e y ................
R y e .......................
24,6 4 7 ,8 2 1
2 2 ,0 6 9 ,9 4 6
1 2 ,3 96,967
2,174,011
4 4 6 ,7 3 6
9 ,8 2 3 ,7 3 2
42,0 8 6 ,4 0 9
1 3 ,6 03,802
2,366 ,4 0 2
183,173
1 4 ,7 47,391
4 4 ,5 0 1 ,2 1 4
14,0 4 5 ,0 3 8
2,276 ,5 3 9
5 3 0 ,3 5 4
13.476,859
2 1 ,9 66,018
9,9 4 5 ,7 8 2
2 ,3 6 8,368
2,0 3 3 ,0 3 3
Total g r a in ....
6 1 ,7 35,481
6 8 ,2 08,518
7 6 ,1 0 0 ,5 3 6
4 9 ,7 9 0 ,0 6 5
* Include one week extra.
The exports from the several seaboard ports for the week
ending May 28, 1887, are shown in the annexed statement:
E xp orts
fr o m —
Wheat.
Bush.
New York 1,186,262
B o ston ...
35,521
N . News..
202,6 íé
Montreal.
130,523
Phlladel.
227,882
Baltlm ’rt
N. Orl’ns.
430,167
Bichm’nd
O orn.
B ush.
379,805
48,042
F lou r.
Bbls.
73,562
59,067
4,370
24,413
5,143
38,945
7 00
Oats.
B ush.
4 ,242
R ye.
Bush.
34,113
Peas.
Bush.
2 ,706
400
2,000 cases quilts, the production of the Bates Manufacturing
Company, and all the goods were closed out in about an hour
at from 5 to 10 per cent below agents’ prices. Wednesday’s
trade sale of the flannels represented by Messrs. Faulkner,
Page & O'*. consisted of about 10,000 packages plain and
twilled flannels, and the entire offering was disposed of in
about six hours at good average prices—say from 5 to 10 per
cent under private rates. The stock of flannels represented
by Messrs. Parker, Wilder & Co., amounting to over
5,000 packages, was promptly closed out on Friday to
very good advantage. Owing to the observance of
......
.....
..... Monday (Decoration Day) as a strict holiday, and because
of the close attention paid to the auction sales,
Tot. w’k 2,212,971
683,682
206,2 0 0
21,328
81,221
1 :0 ,8 4 7 business in commission, importing and jobbing circles was
S’me time
1886. .. 2,173,996 1,316,2*1
175,8 8 7
3 52,512
5
146,004 restricted in volume; but there are so many buyers in the city
The destination of the exports is as below.
We ad d the that an improved demand in the near future is confidently
corresponding period of last year for comparison .
expected. Prices of staple cotton goods remain very flrrr#
and there is a stronger undertone in the flannel market since
F lo u r .
Wheat.
O orn.
E xp orts
the successful results of the trade sales became known.
1887.
f o r w eek
1886.
1887.
1886.
to—
Week,
M a y 28.
57,318
60.000
21,143
124,374
W eek,
M ay 29.
W eek,
M ay 28.
1 7,08¿
Week.
M a y 29.
47,108
1887.
Week.
M a y 28.
127,741
1886
Week,
M ay 29.
D omestic Cotton G oods. —The exports of cotton goods
from this port for the week ending May 31 were 3,916 pack
B ush .
B ush
Un.King.
4 3 9 ,9 5 4
854.979 ages, valued at $264,916. These shipments include 1,760
Contin’nt
2 14,618
3 9 8 ,8 5 4
B.& C.Am
10,775
4 9 ,8 1 0 packages to China, 1,401 to South America, 265 to the WestW. Indies
16,612
6 ,7 -6
Brit, col’s
74
121 Indie?, 115 to Europe, 103 to Central America, 75 to British
Oth.o’n’ts
1,619
5 ,771
Guiana, 91 to Mexico and 106 to all other countries.
2 06.200
T o ta l...
175,887 2,212.971 2 ,173,996
683,682 1,316.261
Since the 1st of January the exports aggregate 87,041 pack
By adding this week’s movement to our previous totals we
have the following statement o f exports this season and last ages, valued at $5,085,745, Of this total China has had 48,598
season:
packages, valued at $2,279,434; and 15,814 packages, valued at
F lou r.
W hea t
Oorn
$1,137,093, have gone to South America. For the similar
Sept . 1,’S0. Sept. 1, ’85, Sept. 1, ’86, Sept. 1, ’85, Sept. 1, ’86, Sept. 1, ’85,
period of 1886 the exports to all ports reached 87,988 packages
E x p o r ts to
to M a y
to M a y
to M a y
to M a y
to M a y
to M a y
and in 1885 were 69,720 packages. Plain and colored cottons
28, 1887.
29,1880. 28, 1887. 29, 1880. 28, 1887. 29, 1880.
were in moderate demand at agents’ hands, and additonal
Bbls.
Bbls.
Bush,
Bush.
Bush.
Bush.
Un.Kingdom 5,132,315 3,300,050 81.100,009 12,798,414 20,380,182 31,989,521 makes of brown and bleached good?, wide sheeting, &c., have
Continent...
397,055
107,791 24,940,058 8,454,292 8,912,573 15,470,864 been subjected to a slight advance, while prices generally are
6. &C. A m ...
835,240
623,884
38,217
8,220
570,738
926,980 very firm.
Stocks of plain and colored cottons, cotton flan
West Indies.
008.128
683,342
5,109
3,071
392,019
243,830
Brit. Cornles
393,842
427,353
13
32,999
75,818 nels, &c., are not only smaller than usual, but many makes
Oth. oountr’s
29,818
23,101
128,096
45,814
51,995
52,022 are under the control of orders for months to come. Print
Total.......... 7.890,401 5.825.027 50.2O5.411 21,811.862 30.340,500 48.758.48« cloths continued in moderate demand and firm at last week’s
Bbls.
132.0 4 4
17,334
26,123
14,988
14,795
915
Bbls.
B ush.
B ush.
125,861
663,018 1,308,222
4,985 1,549,953
850,785
15,937
16,418
11,922
764
14,989
725
TH E CHRONICLE.
J une 4, 1887.]
Exports o f Leading Articles o f D om estle Produce*
quotations, say 3 5-lGc. for 84x64 “ spots,” 3%o. for 64x64
The following table, based upon Custom House returns,
“ futures” and 8c. for 56x60s. Stocks last Saturday and for
shows the exports from New York of all leading artioles of
the three preceding years were as follows:
H a y 31. domestic produce from Jan. 1 to May 31, in 1887 and 1886.
J fn y 29. M ay 3 0 ,
M ay 28,
I
Stock o f P r in t Oloths—
1387.
H eld b y P rov id en ce m a n u f’r s . 1 1 6 ,0 0 0
Fall R iv e r m a n u fa ctu re r s ... 2 37 ,00 0
■ P ro v id e n ce sp ecu la tors .........
5 0 ,0 0 0
■ Outside specu la tors (est).......
50,0 00
I
T o ta l stock , (p ie ce s ).............. 4 5 3 ,0 0 0
1885.
4 1 3 .0 0 0
3 7 7 .0 0 0
3 2 4 .0 0 0
3 0 0 .0 0 0
1884.
» 7 5 ,0 0 0
3 0 9 .0 0 0
2 8 5 .00 0
1C 0 ,0 0 0
3 4 0 ,0 0 0 1 ,4 4 4 ,0 0 0
9 6 9 ,0 0 0
1886.
7 1 .0 0 0
8 3 .0 0 0
1 5 6 ,0 0 0
3 0 .0 0 0
■ F a n cy prints ruled quiet, but a fair business was done in
printed and woven cotton dress fabrics as sateens, lawns,
Satiates, ginghams, seersuckers, &c., and there was a light
demand for white goods, scrims and table damasks.
K i o m e s t i c W o o l e n G o o d s .— There was a continuation of
the unsatisfactory demand for men’s-wear woolens reported
of l late, wholesale clothiers having gauged their purchases by
absolute requirements, The most desirable makes of cassimeree, suitings, worsteds and overcoatings are pretty well
under the control of orders, but such makes as are not strictly
in accordance with the present requirements of the trade are
plentiful enough. Cloakings and Jersey cloths are in light
and irregular demand by the manufacturing trade, and
though there was only a limited business in Kentucky jeans
and satinets, stocks are in good shape and prices remain
steady. Blankets were more active in some quarters, but the
demand for flannels was interrupted by the trade sales
alluded to above. Stocks of flannels are by no means large
in the hands of agents and at the mills, and agents are firmer
in their views since the auction sales, because of the upward
tendency of the staple. Fall dress goods, as soft wool fabrics,
cashmeres, serges, &o., were in fair demand, as were staple
and fancy worsted dress goods. Carpets ruled quiet in first
hands, but a fair trade was done in wool hosiery, heavy shirts
and Drawers and fancy knit woolens.
F o r e i g n D r y G o o d s — The demand for imported fabrics
waslohiefly of a hand-to-mouth character, as usual at this
stage of the season. Staple goods are generally steady in
price, but fancy dress goods, &o., are easier and in buyers’
favor. The auction rooms were poorly supplied with foreign
goods, the large trade sales of domestic flannels and quilts
having deterred importers from seeking their medium as an
outlet for surplus stocks.
S ince Jan. 1,
1687.
A sh es, p o t s .......................................... b bls.
A slies, p e a r ls ......................................bbls.
B e e sw a x ................................................. lbs.
Breadstuff's—
F lou r, w h e a t....................................bbls.
F lo u r, r y e ......................................... bbls.
C orn m e a l.........................................bbls.
W h e a t...............................................bush.
R y e ....................................................bush.
O a ts...................................................bush.
B a r le y .............................................. bush.
P e a s.................................................. bush.
C o m .................................................. bush.
C an d les................................................pkgs.
C o a l.......................................................tons.
C otton .......................................... - ..b a le s.
D om estios........................................... pkgs.
H a y ......... . .......................................... bales.
H o p s . . . . ............................................ bales.
N a va l Stores—
C rude t u r p e n t in e ..........................bbls.
Spirits tu rp e n tin e ..........................bbls.
R o sin ..................................................bbls.
P ar......................................................bbls.
P it c h .................................................. bbls.
Oil ca k e ..............................
ow t.
Oils—
W h a le .................................................gals.
S perm .................................................gals.
L a r d ....................................................gals.
L in se e d ..............................................gals.
P etroleu m ............................................ gals.
P rovisions—
P o r k ................................................... bbls.
B e e f.......................
b bls.
B e e f............................................... tieroes.
Cut m eats.............................................lbs.
B u tte r.................................................. lbs.
C heese.................................................. lbs.
L a rd ...................................................... lbs.
R ic e ........................................................ bbls.
T a llo w ...................................................... lbs.
T o b a ooo, le a f..................................... hhds.
T o b a c c o ............. . .........b ales an d oases.
T o b a cco ,m a n u fa ctu r e d .....................lbs.
W h alebon e . . . . ....................................lbs.
525
78
29,1 81
Sam e tim e
p rev io u s y ea r.
*
335
97
1 2 ,7 2 6
2 ,1 9 6 ,8 5 0
1,381
4 2 ,4 4 6
1 7,8 86 ,7 3 2
2 3 8 ,3 2 8
6 7 ,5 0 5
5 6 ,1 4 4
1 2 3 ,5 9 5
5 ,3 8 4 ,5 9 7
2 3 ,4 9 7
1 6.3 61
3 16 ,36 9
8 8,5 03
2 5 ,0 0 0
1,2 3 8
1 ,4 9 0 ,8 8 5
845
4 8 ,0 1 9
9 ,6 0 5 ,0 8 7
7 1 ,6 5 2
4 6 8 ,2 6 0
4 ,051
8 4 ,0 6 0
1 2 ,1 6 8 ,5 6 5
1 9 ,8 5 6
2 8 ,9 9 4
3 3 8 ,6 3 3
9 1 ,0 6 9
3 3 .8 0 3
1 5 ,2 86
2 95
7 ,4 4 3
7 7 ,4 6 9
4 ,3 2 5
2 ,3 4 6
9 0 0 ,9 4 9
4 ,2 9 6
5 7 ,7 9 9
3 ,5 3 3
1 ,6 5 3
9 7 2 ,8 2 0
9 .3 7 2
7 8 ,2 4 7
2 0 6 ,0 4 7
29,1 13
1 36 ,7 7 9 ,5 6 9
4 8 ,0 2 7
4 1 ,6 3 7
2 6 3 ,6 2 4
1 9 .8 5 8
1 46 ,8 0 3 ,5 3 1
81,6 54
26,3 78
1 7 ,7 77
1 06 .8 4 7 ,5 1 9
2 ,9 2 1 ,4 0 4
8 ,1 2 7,34 1
7 0 ,0 4 9 ,7 9 7
1 3 ,4 4 2 ,4 9 3
7 ,6 4 7
21,4 91
24.2 51
3 ,4 3 2 ,5 6 7
7 4 ,4 3 4
7 2 .8 0 4
2 1,7 78
1 8 ,6 5 0
1 0 6 ,2 4 7 ,6 1 9
3 ,6 8 7 ,2 5 4
1 4 ,3 6 5 ,1 8 2
9 6 ,6 2 9 ,5 3 4
7 ,3 1 2
9 ,3 5 6 ,2 2 8
2 6 ,8 0 9
2 1 ,5 3 1
3 ,3 5 6 ,5 0 2
7 4 ,8 8 9
110
Receipts o l Leading Articles o f Dom estic Produce.
The following table, based upon daily reports made to the
New York Produce Exchange, shows the receipts of leading
Im portation« o l Dry Goods.
The importations of dry goods at this port for the we. k articles of domestic produce in New York from Jan. 1 to May
ending June 2,1887, and since Jan. 1, and the same facts for 81 in 1837 and 1886 :
the Korresponding periods are as follows:
I
S
C
P
o ÿ
©:
0i
e ■
3:
*0 !
W
VKO
si O
*J ■ C
CD
o M
*
H N
10 b i o
<0 ©<o
O
!*l C 00
© A©
to to*-*
A to 10
I
»
0
anufac
W o o l..
C otton
S il k ...
F l a x ..
«
i
9
ct
cf
tf
9
©
3-
s
0
m
i
•
!
:
>
j
; •
•
!
J s
* *
{ 1
.
g
s
flg g fg
3 0
3
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T u rp en tin e, c r u d e . . ...................b bls.
T u rp en tin e, s p ir its ..
R o s in ............................. ...................bbls.
T a r .................................. .................. bbls.
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O o m m e a l...................
W h e a t.......................... ...................hush.
R y e ............................... ...................hush.
C o ra .............................. .................. hush,
O a ts.............................. ...................b ush.
B a r le y .........................
P e a s ..............................
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F la x s e e d ........................
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H id e s................................ ...................... N o.
H id e s...............................
H o p s ...............................
L e a th e r......................, . . .................. sides.
L e a d ................................. ................. -Pigs.
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117 ,48 6
1 1,9 71
4 56
2 1 0 ,4 2 0
2 ,0 1 6
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P rov ision s —
P o r k ............................. .............. pkgs.
B e e f............................. .................. pkgs.
C u t m e a t s .................. .................. pkgs.
B u t t e r . . . . . . ............... ................. p k gs.
C h e e s e ....................... .................p k gs.
E g g s ............................... ...................bbls.
L a rd .............................. ....... tcs. & b b ls .
L a rd . ........................... ...................kegs.
H o g s, d re sse d ........... ...................... N o.
R ic e ...................................
S pelter.............................. ................. slabs.
S t e a r in e ........................
S u ga r.................................
S u g a r ..............................
T a llo w .............................
T o b a c c o ............................ .b o x e s & cases.
T o b a c c o ........................... .................hhds.
W h isk e y ...........................
W o o l..................................
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105 ,21 5
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726
THE
C H R O N IC L E
[Voi,. XLIV,
gitttks, b an kers atra Drohers ©ut o f U m D tok.
BANKS.
N E W ENGLAND.
Bank o f Buffalo,
Irving A . Evans & C o .,
B U F F A L O , N. Y .
8. S. J e w e t t , Pres.
W m . C. Co r n w e l l , Cash’r.
BANKERS AND BROKERS,
N o.
C a p i t a l ....$ 3 0 0 ,0 0 0 I S u r p lu s .......$ ¿ 5 0 ,0 0 0
This Bank has superior facilities fo r making Col
lections in and out o f the city on the m ost liberal
terms, and with careful attention to the best inter
ests o f its Correspondents.
..C o r r e s p o n d e n t s :—Im porters’ & Traders’ Na
tional Bank and Chemical National Bank, New York:
Merchants’ Loan & Trust Co., Chicago; Union Bank
of London, London.
J .8 .A l e x a n d e r , Pres.
53
STATE ST R E E T,
BO STO N,
MEMBERS OF BOSTON, N E W YORK A N D
P H IL A D E L P H IA STOCK EXCHANGES.
Stocks a n d B o n d s B o u g h t a n d Sold
In a ll M a rk ets.
& Estabrook,
IN VESTM ENTS M ADE.
N o.
P . A . W i l e y , Cashier.
35
BO STON .
Pay Special A ttention to Collections.
FIRST-CLASS FACILITIE S.
New Y ork Correspondents.—The National Park Bank
and Seventh W ard National Bank.
D ealers in M u n ic ip a l, State, R a ilro a d
a n d U n ited States R o n d s.
H . Ga r d e s ,
President.
J o s h u a W elb ou r ,
Ch a r l e s H . Sh e l d o n , J r
B e n j a m in A . J a c k s o n , W il l ia m B i n n e t , J r .
e
. p . H il l ,
R . A . Gi r a u d ,
V iee-Pres’t.
Cashier.
Commercial National Bank, W ilb o u r , Jackson 8c C o .,
HOUSTON, T E X A S.
C a p it a l................................................$ ¿ 0 0 ,0 0 0
Collections receive our special attention and are
prom ptly rem itted for.
1 ’ ¿ L F,1
^tciier’ J S T A T E B AN K , ) C. T. W alker,
President, t Incorporated 1875. J
Cashier.
G erm an N a tio n a l Bank,
B AN K E R S A N D B ROKERS,
N o. 52
A . K . W a l k e r , Cashier.
First N a tio n a l Bank,
STREET,
P R O V ID E N C E , R . I.
BANKERS
AND
BROKERS,
1 8 6 M id d le Street,
P O R T L A N D , M A IN E .
Dealers in G overnm ent, State, County, City and R ail
road Bonds, Bank Stocks, &c.
esirable Investm ent Securities constantly on hand
W IL M IN G T O N , N. C.
Collections m ade on all parts o f the U nited States.
W ESTERN.
MERCHANTS’ NATIONAL
BANK,
R IC H M O N D , V I R G I N I A .
C ollections made on all Southern points on best
term s; prom pt returns.
T
rvTrxT ^
JO H N P . BRA N CH , President.
J o h n F. G l e n n , Cash. F r e d . R . Sc o t t , V ice-Pres’t
P E X K S Y L V A X IA .
Chas. H . Potter 8c C o .,
I n v e s t m e n t B a n k e r s , C le v e l a n d , O h io .
Sp e c ia l t ie s : Town County and City Bonds ; Lake
Superior Iron Mining Stocks, “ Republic ” “ Cham
pion,” “ Cleveland” and “ Jackson.” St r e e t R a i l
w a y s —Denver City Street Railwav Co., o f Denver,
Col.; Street Railway Co., o f Grand Rapids, Mich.;
M etropolitan Street Railway, o f Toledo, Ohio,
E . W . Clark 8c C o .,
B A N K E R S A N D B ROKERS,
N o . 35 Sou th T h ir d S t., P h ila d e lp h ia .
Railroad, Municipal and other desirable Invest
m ent Securities fo r sale.
Transact a general banking business. A llow inter
est on deposits.
Members o f the Philadelphia and New York Stock
Exchanges, and connected by private wire with Neu
xorK.
P.
Members o f the Philadelphia and New Y ork Stock
Exchanges.
Cable Transfers, Bills o f Exchange and Letters o f
Credit.
F.
Keleher 8c C o .,
317
OLIVE
S T R E E T ,
S T . L O U IS .
Dealers in W estern Securities and L ocal Bonds,
Stocks and prime Commercial Paper.
N.
W.
Harris 8c
C o .,
C H IC A G O a n d B O S T O N .
D f| M Q o f Counties, Cities, &c., o f high grade a
P U i v u o specialty. S e n d f o r D e s c r i p t i v e L i s t s .
SOUTH ERN.
R ea Bros. 8c C o .,
B A N K E R S A N D BROKERS,
ATLANTA.
A N D D E A L E R S IN FOREIGN EXCHAN G E,
H um phreys C astlem an,
4 2 5 W o o d S treet, P ittsb u rg , P a .
B RO K E R AN D D E A L E R IN A L L KIN DS OF
SECU RITIES.
Bonds and Stocks bought or sold on com m ission;
Georgia and Alabama Securities specially dealt in.
Correspondents: Tobey & Kirk and A . D utenhofer,
New York.
R eferences : A tlanta National Bank, Atlanta, Ga.,
and Fourth National Bank, New York.
MEMBERS
New Fork and Philadelphia Stock Exchanges.
Pittsburg Petroleum , Stock and M etal E xchange.
P rivate wires to New York, Boston, Philadelphia,
Baltimore and W ashington.
PITTSBURG,
PA.
ESTABLISHED 1871.
W h itney 8c Stephenson,
V
1'
[B A N K E R S AN D BROKERS,
jM "S©. 57 [F O U R T H ¡A V E N U E .
fc
Idest Pittsburg members N .Y. Stock Exchange.
B R A N C H & C O .,
COMMISSION
M ERCH AN TS
_.p Ircnlars and Inform ation on funding the debts o f
Virginia and North Carolina free o f co st; one-eighth
peÜ
chi?S®d
funding. Southern Railroad
and State and City Bonds bought and sold.
B A L T IM O R E .
W ils o n , C olston 8c C o .,
BAN K ERS AND BROKERS,
(M em b ers o f B a ltim o r e S to c k E x c h a n g e ),
B A L T IM O R E !.
(IN VESTM EN T and SOU TH ERN SECURITIES a
specialty.)
Correspondence solicited and inform ation fu rnished.
N. Y. Correspondents—McKim Brothers & Co.
R obert Garrett 8c Sons,
BANKERS,
N o.
7 SOUTH
STREET,
B A L T IM O R E ,
TR AN SAC T A G E N E R A L DOMESTIC
FOREIGN B A N K IN G BUSINESS.
AND
Fisher 8c Sons,
B A N K E R S,
A n d D ealers in G ov ern m en ts, Stocks
a n d In v e stm e n t Securities,
Oppo site Second St ,,
3 2 SOU TH S T R E E T ,
B ALTIM O R E!,
M D ,,
H a ve W estern Union wires in their offices, by
means o f which im m ediate com m unication can be
had w ith all com m ercial points in th e cou ntry. E s
pecial attention given to purchase and sale o f V ir ginia Consois, T en -forties, D eferred and all issues
o f th e State, and to all classes o f S outhern State,
City and Railway Securities. Correspondence so«
icited.
ffitm u jc ia l
C o m p a tit e .
B o n d s of* S u r e t y s h i p .
NO OTHER BUSINESS.
The Guarantee Co.
OF NORTH AMERICA.
E ST A B L ISH E D 1871.
N arr 8c Gerlach,
B A N K E R S AND B R O K E R S ,
No. 437 C H E S T N U T S T R E E T ,
P H IL A D E L P H IA .
THOM AS
Wm.
Swan 8c Barrett,
P rom p t attention given to all business in our line.
' Co r r e s p o n d e n t s . - Im porters’ & Traders’
n ational Bank and National Bank o f the Republic.
H. E. B u r r u s s , Pres’t.
W EYBOSSET
Dealers in Commercial Paper, Governm ent and
other first-class Bonds and Securities and Foreign
Exchange.
P rivate Telegraph W ire to New York and Boston,
L IT T L E R O C K , AR K A N SAS.
C ap ital (P a id in ) - - - - - $ 2 0 0 ,0 0 0
G A .,
B R O K E R .
arSa& on d £ SeI1SOn comml8slon a11 classes o f Stocks
N egotiates loans on marketable securities.
«J^ew«vi>rk Quotations furnished by private ticker
every fifteen minutes.
CONGRESS S T R E E T ,
MEM BERS OF TH E
NEW Y O RK AN D
BOSTON STOCK E X C H A N G E S .
ALSO,
D U R H A M , N . C .,
H artridge,
S E C U R IT Y
BANKERS,
Correspondence invited.
T h e Bank o f D u rh am ,
L.
SAVANNAH,
R IC H M O N D , V I R G I N I A .
Brewster, C obb
SAN A N T O N IO , T E X A S .
W ^T . B l a c k w e l l , PresT;.
A.
B AN K E R S A N D
A . A . A l e x a n d e r , Cash’r.
Texas N ation al Bank,
COLLECTIONS AN D
SOUTHERN.
C . W . Branch 8c C o .,
Cash Capital...........................................................fSOO.OOC
Assets and R e so u rce s.....................
830,000
240,000
Deposit with Insurance D ep a rtm en t........ .
President:
V ice-P residen t:
Si b a l x x . T . Ga l t ,
H on. j a s . F e r r ie s .
Managing D ire cto r: E d w a r d R a w l in g s .
N E W YO R K O F F IC E :
NO. I l l
BROADW AY.
D. J . TOM PKINS, Secretary.
N e w Y o b k D ib e c t o b s —Joseph w. D rexel, A . L.
Hopkins, H . V ictor NewcomD, John Paton, Daniel
Torrance, Edw. F. W inslow, Erastus W iman, F. P .
O lcott and J. E. Pulsford.
F ID E L IT Y
Sc C A S U A L T Y CO.
Nos. 214 & 216 B R O A D W A Y , N E W YO RK .
Cash Capital, $250,000, invested in U. S. G ov’t Bonds,
$200,000 deposited with the N. Y . Ins. D ep’t, fo r
the protection o f Policy-holders.
Assets, January 1st, 1887, $578,105.
Officials o f Banks, Railroads and Express Compa*
nies, Managers,Secretaries, and Clerks o f Public Companies, Institutions and Commercial firms, can obtain
BO ND S O F S U R E T Y S H IP
from this Company at m oderate charges.
T he bonds o f this Company are accepted by the
courts o f the various States
CASUALTY D E P A R T M E N T .
Policies issued against accidents causing death or
totally disabling injuries.
Full inform ation as to details, rates, &c., can be
obtained at head office, or o f Company’s Agents.
W m . M. R ic h a r d s ,Prest. G e o . F. Se w a r d ,V ^Prest.
J o h n M.C r a n e , Sec.
R o b t .J .H l l l a s , Asst.Sec.
D IRECTO RS:
Geo. S. Coe,
A B. H ull,
A lex. Mitchell,
J S. T. Stranahan, H . A . H urlbnt, A . S. Barnes,
A lex . E. Orr,
J. D. Verm ilye, J.G.McCuIlough,
G. G. Williams,
John L . Riker, Thos. S. M oore,
Geo. F. Seward,
W m . M. Richards.
B AN K E R S A N D BRO KERS,
St a t e
bank
B u il d in g
R IC H M O N D ,
VA.
Private wires connecting with W ashington. B alti
m ore, Philadelphia and New York
New.Y ork correspondents, JPrince & W h it e ly . ig g
G eorge
Eustis
8c C o .,
B A N K E R S ,
C IN C IN N A T I. O H IO .
TO
T H E . CH RONICLE«
garosi Companies,
U n io n T ru st
OF N E W
Q x n s t
..................................... *1,000,000
su r p lu s ’ ...................... fa,500 ,ooo
,
C apital an d Surplus,
Authorized to act as E xecutor, Adm inistrator
Guardian, R eceiver, or T ru stee,and is
A L E G A L DEPOSITOR 7 FOR MONEY.
m
n
m
s
m
m
M
i
e
M
TRUSTEES:
,
ttm whitftwTiffht.
James M. licL ea n ,
w ,S 'rv A Kant
A m broseC .K ingsland,
r T V iIsou
’
James H . Ogilvie,
Russell
8. Frothingham,
W m . E Russen,
H . T. FsSirchild.
I I S .1“’
*
S I P
r s r r ‘"
-
Ii S k
ä
1
m
TRUSTEES:
Dan. H . Arnold, lD. W illis Jam es,lR obt.B .M intuin,
Thos. Slocomb, J ch n J .A s to r,
Geo. H . W arren,
Charies E. Bill, Jox.n A . Stewart, George Bliss,
W ilson G. H unt, S.M.Bucki’gham, W illiam Libbey,
W m . H . Macy,
H , E. Lawrence, John C. Brown,
Clinton Gilbert, Isaac N. Phelps, Edward Cooper,
Daniel D. L ord, Erastus Corning, W .B ay’rdCutting
Samuel Sloan,
S. B. Chittenden, Chas. S. Smith,
James Low,
JohnH .Rhoades, W m .Rockefeller,
W m . W . Phelps, Anson P. Stokes,1 lex . E. Orr.
A
H E N R Y L . TH ORN ELL, Secretary.
LOU IS G. HAM PTON . Assistant Secretary.
a r
D f c .H .“ “ OTn’
id.EraSiana.
E D W A R D KING, President,
JAM ES M. MCLEAN, First
JAM ES H . O G ILVIE, Second V ice-P res’t.
American Loan & Trust Co,
113 B R O A D W A Y , NEW Y O R K .
C a p i t a l, F u l l y P a i d ..........................6 1 , 0 0 0 , 0 0 0
A O R O N A L D S O N , S ecre ta ry .
A . u KU£ A _ K E L L E y , Assistant Secretary.
^
M ercantie Trust & Deposit
COM PANY, OF
B A L T IM O R E .
6 5 0 0 ,0 0 0
» t i,0 0 0 , 0 0 0
C a p it a l,
-I
A u t h o r i z e d C a p i t a i,
T w fm °k e p t in vaults without charge. Bonds and
tocks Plate and all Valuables securely kept under
narantee at m oderatecharges. Paintings, Statu
ary, Bronzes, etc., kept m fire-proof vaults.
JOH N G IL L , W . W . SPENCE,
L. C. FISCHER
President.
V ice-P res’t.
T reas.& Sec.
The
John E. Hurst,
Stewart Brown,
W . H . Blackford,
E. A . Jenkins,
B ernard Cahn,
J .W illcox Brown,
A lex . Frank,
John Gill.
U n io n T ru st C o .,
011 A N D 613 CHESTNUT STREET,
P H IL A D E L P H IA .
Authorized Capital........................................... non
Paid-up Capital.................................................. 500,000
A cts as E xecutor, Administrator, Assignee, ete.
and executes trusts o f every description known to
d e p o s i t o r y fo r W estern M ortgage loans, bearing 6
and 7 per cent interest. Principal and interest guar<W onev received on deposit at interest.
IM
hH
B
JAS, L(J n G, Pres’t. JOHN G. R EA DIN G, V .-Pres t.
M AH LON S. STOKES, Treasurer & Secretary.
m
D R . PA TTER SO N , Trust Officer.
DIRECTORS
1A lfred S. Gillett, Joseph Wright,
Jam es L ong,
John T . Monroe,
C .P.Tum er, id.D. Wm. S. Price,
W . J. Nead,
Thos. R . Patton, J. G. Reading,
W m . H . Lucas, D .H .A gnew .M .P Jos. I. K eefe,
R ob ’t Patterson, Theo. C. Engt 1, Jacob Nayler,
Thos. G. H o o d , Edw’dL.Perkins William W atson
...... ■ = ,
Samuel Riddle, G l e n R i d d l e , Pa.; Dr. George W,
R eily, H a r r i s b u r g , Pa. J. Simpson A frica, H u n t
i n g d o n ; Henry S. Eckert, R e a d i n g ; Edmund S
D oty, M i f f l i n t o w n ; W . W . H . Davis, D o y l e s TOW N ; R . E. Monaghan, WEST CHESTER.
M etropolitan T rust C o .,
35 W all St ., N e w Y ork .
PAID-UP CAPITA!., - - $1,000,000
Designated as a legal depository by order o f
Supreme Court. R eceive deposits o f m oney on
Interest, act as fiscal or transfer agent, or trustee
fo r corporations, and accept and execu te any legal
trusts from persons or corporations, on as favorable
term s as other similar companies.
i
TH O M AS H ILLH O U SE, President.
FR E D E R IC D. TA P P E N , V ice-President.“ ,
.
C H A R LE S M. JESU P, Secretary.
je u
1, 262 & 263 Broadway, New York
G. H . BURFORD, President,
0. P. F r a l h ig h , Beo’y. A . W h e e l w r ig h t , A»*’t See
W m . T. St a n d e n , Actuary.
A ll the profits belong to tb e Policy-holders exclu
sively.
A ll Policies issued by this Company are in d is
A b l e after three years.
A ll Death Claims paid w it h o u t d isc o u n t
as satisfactory proofs have been received.
This Company issues all form s o f Jnsuranc
eluding Tontine and Lim ited (Non-Forfeiting) T on
tine.
One m onth’s grace allowed in the paym ent.
Premiums on Tontine Policies, and ten days’ grac
on all others, the Insurance remaining in full fo rce
during the grace.
A bsolute security, com bined with the largest liber
ality, assures the popularity and success o f this com
pany.
GOOD AGENTS, desiring to represent the Com
pany, re invited to address J. 8. GA FFN E Y, Super
inter dent o f Agencies, at H om e Office.
THE
E Q U IT A B L E L IF E
ASSURANCE SOCIETY.
In S urplus (namely the excess
o f accumulated funds over liabili
ties), in P remium I ncome, in tbe
amount o f A ssurance in F orce, the
Equitable Life Assurance Society ex
ceeds every other life assurance com
pany, and may be regarded as the
largest and strongest organization of
its kind in the world.
-
D IR E C T O R S:
GEORGE H . POTTS,
W ALLACE C.. ANDREWS,
JOHN L . M ACAULAY,
IR A DAVENPORT,
JAMES M . VARNUM,
W ILLIA M D . SNOW,
JOHN I. B L A IR ,
JOHN D . KlMMEY,
E d w a r d F . B r o w n i n g , F r e d e r ic A . P o t t s ,
R o w la n d n . h a z a r d , J oh n R oss,
GEORGE S. H A R T,
ALEXAN DER G. BLACK
W m . B . Din s m o r e ,
F r a n k C. H o l l i n s ,
E l i a s L e w i s ,,J r .,
Thom as L. W atson,
Ju l e s A l d ig e ,
E l i a s C. B e n e d i c t ,
St e v e n s o n b u r k e ,
W il l ia m p . A n d e r s o n .
Assets, January 1, 1 8 8 7 ..... $75,510,472.76
I Liabilities on 4 per ct. basis.. $59,154,597.00
i Surplus on 4 per ct. basis. -. $16,355,875.76
Now Assurance in 1 8 8 6 .... $111,540,203.00
Outstanding A ssu ran ce. . . . $411,779,098.00
TH E
R eal
Estate T ru st
Co.
OF PHILADELPHIA,
N o. 1340 Chestnut Street.
C A P IT A L ,
-
- __ -
YORK.
(ORGAN IZED IN 1850.)
R O W LAN D N. H A Z A R D , President.
GEORGE S. H A R T , Vice-President.
W IL L IA M D. SNOW, Secretary.
JAM ES S. THURSTON, Treasurer.
-
6 5 0 0 ,0 0 0
Receives deposits o f m oney payable b y check and
allows interest thereon; also receives fo r safe
keeping securities and other valuables, and
rents safe deposit boxes in burglar-proof
vaults.
i
...
R eceives Trusts o f every description, acting as
executor, administrator, assignee, etc., and
executing surety fo r the faithfu l perform ance
o f any trust or office.
A cts as A gent or Attorney fo r the sale or manage
ment o f real estate, and insures titles to real
estate and mortgages.
OFFICERS:
President—F R A N K K . H IP P L E .
Secretary—W IL L IA M R . P H IL L E R .
Treasurer—W IL L IA M F. N ORTH .
R eal Estate O fflcer-T H O M A S B. PROSSER.
All trust assets kept separate from, those o f the Com^ B u rgla r-P roof Safes to rent at $5 to $50 per annum.
Wills kept in vaults without charge.
Bonds, Stocks and other valuables taken under
b u ild in g ,
IN T H E C IT Y O F N E W
TH IS COM PANY TRAN SACTS A G E N E R A L
LOAN, TR U ST AND F IN A N C IA L BUSINESS.
R eceives M oney on Deposit subject to check, and
allows Interest on balances.
A ll Checks pass through the Clearing-house.
M AKES INVESTMENTS OF MONEY.
ACTS AS EXECUTOR, A DM IN IST R A T O R ,
G U A RD IAN , TRUSTEE, ETC.
ALSO, AS R E G IST R A R AN D TR A N SF E R AGENT.
j y A n Authorized Depository fo r Court and
County Treasurers’ Fund.
Authorized to act as E xecutor, Administrator,
Guardian, R eceiver, or Trustee, and is
A L E G A L DE POSITOR Y FOR MONEY.
A ccepts the transfer agency and registry o fs to ck s
and acts as Trustee o f mortgages or corporations.
Takes charge o f property, collects and remits in
terest and incom e promptly, and discharges faith
fu lly the duties o f every trust known to the law.
M oney received on deposit. All Trust Assets kept
separate from those o f the Company.
.
Burglar-proof Safes and B oxes (having chrome
steel lo o rs ) to rent, a t $10 to.» 100•per annum m t i e i r
new and elegant chrom e steel F IKE ajnjj b u h u
L ^ t-P R O O F V A U L T S , protected hy improved
Dir e c t o r s :
W. W . Spence, Louis McLane,
ChristianDevries R obert Lehr,
C.Mort’n Stewart W . A . Tucker,
R obert Garrett Jas. Carey Coale,
Chas. D. Fisher, Oliver A . Parker,
Geo. P . Thomas, W . H .W hitridge,
O. H . W illiams, J. A.H am bleton,
Thos. D eford.
Andrew Reid,
$6,000,00«
This com pan. Is a legal 4eposttoi!y|orJgggggj
into court, and is authorized to act as guaraian oi
trustee^
ALLOW ED O'N DEPOSITS,
which may be made at » b y , T t o m terestfoi
Bve days’ notice, and will be entitled to interest o
the whole time they may remain with the eom panj
Executors, administrators, or trustees o f estates
and females unaccustomed‘ t o t h ^ M S ^ t i o n o f b u »
ness, as welLas religious and ^ ^ 2 “ ! * S t o r v t o
will find this company a convenient depository ioi
triTTN A ST E W A R T , President,
money.
w i t t i a m H MACY, Vice-President
•
JAMES S X L A R K , second Vice-Pre*’
«¿S ^ Ä h a r t.
S
J
»
Chaunceÿ M. Depew,
o e ^ ^ M a g o u n 61’
R obert L en ox Kennedy, Geo. C. Magoun.
E XE CU TIV E COM M ITTEE:
s
% U S U X K U t& .
p a n i e s .
T h e U nited States L ife
C om pany U n ited StatesY OTKrust C o,
OF N E W
R .
YORK,
Insurance C o .
N o. 4 9 W A L L S T R E E T .
73 Broadway, eor. Rector St., N. Y.
■
C o m
DIRECTORS :
George Philler,
Frank K. Hippie,
Edward T. Steel,
H enry C. Gibson,
Charles W . Henry,
Lem uel Coffin,
John F. Betz,
Beauveau Borie,
Thomas Dolan,
W illiam M. Singerly.
R. Dale Benson.
John W anam aker
Solicitor—GEORGE J UNKIN
M AN H ATTAN
L IF E IIS E R A W C E C O M P A Y Y ,
158 A N D 158 B R O A D W A Y , N E W Y O RK .
Organized A . D. 1850.
TO JA N U A R Y
1887.
•
Premiums received.......................... .— • $oi,
Claims paid to policy-holders, returned
premiums, dividends, e tc ......................... 113 10 058
A D INSCRIPTION—One o f th e oldest, strongest, best.
POLICIES—Incontestable, non-forfeitable, defin
ite cash surrender values.
,
R A T E S —Safe, low, and participating or not, as
desired.
a i ,
RISKS careful and selected.
PROM PT, liberal dealing.
,
General Agents and Canvassers wanted in desir
able territory, to whom permanent em ploym ent ana
liberal com pensation will be given. Address,
JAM ES M. MCLEAN, President.
„ . L. H alsey, 1st V .-Pres. H . B. Stokes. 2d V .-P res.
H . Y . W emple, Secretary. S. N. Stebbms A ctuary.
TH E
Provident L ife & T ru st C o
OF
P H IL A D E L P H IA .
Incorporated Third Mo., 22d, 1805.
(C H A R T E R P E R P E T U A L ,)
_
C A P I T A L ................................... $ 1,0 0 0 ,0 0
A S S E T S , $ 1 9 ,4 * 2 ,8 6 0 0 2 .
T h e Brooklyn T ru st C o .,
Cor. o f Montague and Clinton Sts.,Brooklyn, N.Y.
This com pany is authorized by special charter to
act as receiver, trustee, guardian, executor or admin1SItac a n a c t a s agent in the sale or management o f
real estate, collect interest or dividends, receive registry and transfer books, or make purchase and sale
o f Governm ent and other securities.
Religious and charitable institutions, and persons
unaccustom ed to the transaction o f business, will
find this Company a safe and convenient depository
for money, R IP L E Y ROPES, President,
lor uiunojr, BDMUND W .C O R L IE S, V ice-P res’t.
T R U STE E S:
Josiah O. L ow , .H* E , KnpwKoj& H ’v K . Sheldon,
A lex. M. W hite, John T . Martin, C. D . W ood,
A . A . Low ,
Fred. Cromwell, W m .H . Male,
R ipley R opes,
A lex . McCue,
John P . R o lfe ,
Abram B. Baylis,
Mich’l Chauncey, E. W . Corlies.
Maxwell,
W m . B , Kendall. H .E .P ierrep on t, H . W, J B P
—
,
1
J a m e s R o s s Cu r r a n , Secretary.
c
F r e d e r ic k G. Co lton , A sst. Sec’v
r
INSURES LIV ES, GR A N TS AN N U ITIES, R E
CEIVES MONEY o k DEPOSIT, returnable on de*
m »nd, or on which interest is allowed,
e r e d b v law to act as EXECU TO R, A D M IN IST R A
TOR, TRUSTEE, G U A R D IA N , ASSIGNEE, COM
M ITTEE, R EC E IVE R, A G E N T, etc., fo r the faith
ful perform ance o f which its capital and surplus
fund furnish ample security.
,
A ll trust funds and investments are kept separate
and apart from the assets o f the company.
T he incom e o f parties residing abroad carefully
collected and duly rem itted.
SAM ’L R . SH IP L E Y ,P resident.
T . W IS T A R BRO W N , Vice-President.
A S A 8. W ING . Vice-President and Actuary
J oseph G . M artin ,
STOCK BROKER.»
AND
IN IN VESTM ENT SECURITIES
N o, 1 0 State Street, B o e to n .
v iii
THE
CH RONICLE.
Causatati auf! gmcgtfltt gaufes auÄ jBauhevs.
C A N A D IA N .
THE
C A P IT A L , - - - $ 1 2 ,0 0 0 ,0 0 0 Gold.
S U R P L U S , - - - - $ 6 ,0 0 0 ,0 0 0 G old.
^ t x s t m r o jc je .
F O R E IG N .
Bank o f M ontreal.
[V ol . XLIV.
Railway Share Trust C o.
0 . F . 8 M IT H E R 8 , P resid ent.
W . J . B U C flA N A N , G en era l M anager.
Nos.
NEW YORK OFFICE:
£0 A 61 W A L L S T R E E T ,
O F F IC E O F T H E
A T L A N T I C
(LIM ITE D ),
N o. 4
RANK
RUILDINGS
LONDON, ENGLAND.
Mutual Insurance
C o .,
W a lt e r W atson , )
Ax e x ’r L a n g ,
J A g e n ts.
Capital P aid U p, £ 9 7 1 ,3 6 0 Sterling.
Bay and Sell Sterling Exchange, Francs and Cable
Transfers; grant Commercial and Travelers’ Credits
available In any part o f the W orld ; Issue drafts on,
This Company undertakes the business o f Trustee
an d make Collections In, Chicago and throughout the
Dominion o f Canada.
to Loans o f approved Railways, negotiates and
L on don Office, No. 2 2 A b ch u rck Lane. Issues Loans on the London Market, acts as Agent for
Railways and other Corporations, either In the mat
ter o f payments o f Interest on Loans, Dividends on
Imperial Bank o f Canada
C A P IT A L (paid n p), - S U R P L U S ,......................... H . 8. HOW LAND, Pres’t.
HEAD
$ 1 ,5 0 0 ,0 0 0
$ 5 0 0 ,0 0 0
Winnipeg.
or Registration o f Stocks In London, or otherwise.
T o ta l M arine P re m iu m s........$ 5 ,2 3 5 ,2 9 9
Cable Address—PA y y , L o n d o n .
D. R. W ILK IE , Cashier.
O F F IC E , TO RON TO .
BRANCHES IN ONTARIO.
Essex Centre.
Fergus.
Galt.
ngersoll.
Niagara Falls.
Port Colborne.
St. Catharines.
St. Thomas.
Toronto.
Toronto, Tonge St.
Welland,
W oodstock.
Brandon.
Calgary.
BRANCHES IN NORTHWEST.
L l o y d t t a  W é o s - l Bl « e“ ts0 *n S
t eaÌ
I
a u q u e l’s Bank, limited, | ÜANK OF M o n t r e a l ,
Promptest attention paid to collections payable In
ny part o f Canada.
Approved Canadian business paper discounted at
the Head Office on reasonable terms, and proceeds
remitted by draft on New York.
v.Dealers In American Cur’y and Sterling Exchange.
Blake, Boissevain & C o .,
LONDON,
OF
CANADA.
BROTHERS
&
CO.,
18 W a ll Street, New Y o r k ,
28 State Street, B osto n , H ass,
AND
Capital, • • • $5,799,200 Paid Up.
B e s e r v e , ............................ $1,500,000 A D O L P H B O IS S E V A IN & CO.
I ¡President, AND REW A LLAN , Esq.
Vice-President, ROBERT ANDERSON, Esq.
HEAD
_________Am sterdam , H o lla n d .
O F F IC E , M O N T R E A L .
GEORGE HAGU E, General Manager.
W . N. ANDERSON, Branch Superintendent.
BANKERS
LONDON, ENG.—The Clydesdale Bank (Limited.)
N EW YORK—The Bank o f New York, N. B. A .
The New York Agency buys and sells Sterling Ex
change, Cable Transfers, Issues credits available in
all parts o f the world; makes collections In Canada
and elsewhere and Issues drafts payable at any o f
the offices o f the bank In Canada. Every descrip
tion o f for 3ign banking business undertaken.
N ew Y o r k Agency, No. 61 W a ll Street.
H E N R Y H AGU E,
)
JOHN B. H A R R IS, JR., 1 Agent8,
A G E N C Y
OF
THE
B a n k
or
B r it is h N o r t h A m e r ic a ,
N o. 52 W A L L
STR EET.
Buy and sell Sterling Exchange and Cable Trans
fers. Issue demand drafts on Scotland and Ireland,
also on Canada. British Columbia and San Francisco.
C I R C U L A R N O T E S Issued In Pounds Sterling
available In all parts o f the world. C O M M E R
C I A L C R E D I T S I S S U E D for use in Europe,
China, Japan, East and W est Indies and the Bratfls.
River Plate, &c.
Bills collected and other banking business trans
acted.
D. A . M cT A Y IS H ,)
H . STIKEMAN,
(A gents.
F O R E IG N .
THE
A n g l o-Californian Bank
(LIMITED).
LONDON, H ea d O ffice, 3 A n g el Court.
SAN FRAN CISCO O ffice, 4 22 C aliforn ia St.
N E W Y O R K C orresp ond ents,
J. & W . Seligm an & Co.
BOSTON C orresp end ’ts, M assachu setts N. B k.
A uthorized Capital, - $6, 000,000
P a id -u p Capital, « - 1 ,5 0 0 ,0 0 0
Reserve F u n d , - - «
- - 4 0 0 ,0 0 0
Transact a general banking business. Issue Com.
merclal credits and Bills o f Exchange, available in all
parts o f the world. Collections and orders for Bonds.
Stocks, eto.,.executed upon the most favorable terms
FR ED ’K F. LOW,
IGNATZ STEINHART, Managers,
P. N. LI ' jENTHAL, Cashier.
Heinem ann & C o .,
62 Gresham House, E. C.,
LONDON.
S o li c i t accounts and agencies o f Banks, Railways
Corporations, Firms and Individuals upon
favorable terms; also orders fo r the pur
chase and sale o f Bonds, Shares, Ac., Ac. on
the Stock Exchange.
In t e r e s t allowed on Deposits, subject to 60-days
sight drafts, at Bank o f England rate, and
one per cent below that rate subject to
demand drafts.
N e g o t ia t e Railway, State and City Loans.
Bank of Australasia,
.
(Incorporated by Royal Charter, 1835.)
4 Threadneedle S t . , L o n d on , England
Paid-up Capital, . . . . . . £1.600,000
Reserve F u n d ,............................£790,000
Letters o f Credit and Drafts Issued on any o f the
numerous branches o f the Bank throughout Aus
tralia and New Zealand.
Bills negotiated or sent fo r collection.
Telegraphic transfers made.
Deposits received In London at Interest for fixed
periods, or fo r transfer to the colonies on terms
which may be ascertained on application.
________________ P R ID E AU X SELBY, Secretary.
H ong K o n g & Shanghai
B A N K IN G
99
P rem ium s m ark ed off fro m 1st
J an u a ry , 1 8 8 6 , to 3 1 st D eoem
b er, 1 8 8 6 .......................................... $ 3 ,8 1 7 ,6 9 9 86
L osses p a id d u rin g th e sam e
p e r io d ................................................ $ 2,2 0 6 ,5 8 8 68
ENGLAND.
N e g o t ia t e Railway, State and City loans.
E x e c u t e orders fo r Bonds, Shares, etc., on Com
mission, and transact a general Banking and
Commission Business.
S p e c ia l a t t e n t io n given to the execution o f
orders fo r Securities on the New York, Lon
don and Amsterdam Exchanges, in corres
pondence with
BLAKE
M e rc h a n ts’ Bank
N E W Y O R E , J a n u a ry 2 4 ,1 8 8 7 .
T h e T ru stees, in c o n fo rm ity t o th e C harter of
th e C om p a n y , su b m it th e fo llo w in g Statem ent
o f its affairs o n th e 3 1 st D e ce m b e r, 1886:
Prem ium s o n M arine R isk s fro m
1st J a n u a ry , 1 88 6 , t o 3 1 st
D eoem b er, 1 8 8 6 ............................$ 3 ,8 0 9 ,2 5 0 53
P rem ium s on P o licies n o t m arked
1 ,4 2 6 ,0 4 9 46
off 1 st J a n u a ry , 1 8 8 6 ..........
C O R P O R A TIO N .
Paid-up Capital................................................ $7,500,000
Reserve Fund.................................................. 4.500,000
Reserve Liability o f Proprietors..... ........ 7,500,000
The Corporation grant Drafts, Issue Letters o f
Credit for use o f Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore,
Saigon, Manila, Hong Kong, Foochow, Amoy,
Ningpo, Shanghai, Hankow, Yokohama, H iogo, San
Francisco ana -London.
A . JM T O W N S E N D , A g e n t , 5 0 W a l l S tr e e t.
U
1
JOSEPH C l LLOTTSl
STEEL EXPOSITTON-1&78.
PENS "
US
t»THE HOST PERFECT OF PENS
R eturns o f P rem iu m s an d E x
p enses...............................................
$ 8 4 1 ,3 7 8 15
T h e C om p a n y has th e fo llo w in g A ssets, vis.:
U nited States a n d S tate o f N ew
Y o r k S tock, C ity, B an k and
o th e r S tock s..................................... $ 9 ,3 8 2 ,3 7 5
L oans secu red b y S tocks an d
o th e rw ise........................................
7 0 7 ,1 0 0
R eal E sta te and C laim s d u e the
C om p a n y, estim ated a t ..............
5 0 1 ,6 4 7 31
P rem ium N otes a n d B ills R e
c e iv a b le ............................................ 1 ,5 6 8 ,1 3 4 20
Cash in B a n k ......................................
2 8 5 ,2 5 4 68
A m o u n t ... .................................. $ 12 ,4 4 4 ,5 1 1 69
S IX P E R C E N T IN T E R E S T o n th e outstand
in g oertifioates o f p rofits w ill b e p a id to the
holders th e re o f, o r th e ir le g a l representatives,
on an d a fte r T u esd a y, th e 1 st o f F e b ru a ry n e x t
T H E O U T S T A N D IN G C E R T IF IC A T E S o f
the issu e o f 1 88 2 w ill b e re d e e m e d a n d p a id to
the h old ers th e re o f, o r th eir lega l rep resenta
tives, o n a n d a fte r T u e sd a y , th e 1 st o f F eb ru a ry
n e x t, fro m w h ic h d a te a ll in terest th ereon w il1
cease. T h e certifica tes t o b e p ro d u ce d a t the
tim e o f p a y m e n t an d ca n celed .
A D IV ID E N D O F F O R T Y P E R C E N T is
d ecla red on th e n e t ea rn e d p rem ium s o f the
C om pany, fo r th e y e a r e n d in g 3 1st D ecem ber,
1886, fo r w h ic h oertifioates w ill he Issued on
and a fte r T uesd ay, th e 3 d o f M a y n e x t.
B y o rd e r o f th e B oard ,
J , H* C H A P M A N , Secretary.
TRUSTEES:
J. D . J on es,
W. H . H . M oore,
A . A . R a v en ,
Jam es L o w ,
W m . Sturgis,
B enjam in H . F ield ,
J osla h O. L o w ,
E d m u n d W . Corlies,
R o b e r t B . M in tu m ,
W illiam D e g ro o t,
H o ra ce G ray,
W illiam E . D od ge,
W illiam H . M a cy ,
C. A . H a n d ,
J o h n D . H e w le tt,
W illiam H . W ebb,
C harles P . B u rd ett,
H en ry E . H a w le y
A d o lp h L e m o yn e ,
W illiam V . M organ,
C harles H . M arshall,
F re d e rick H . Cossitt,
W illiam B ry ce ,
J o h n E lliott,
J am es G . D e F orest,
C harles D . L everioh ,
J o h n L . B iker,
N. D e n to n Sm ith,
G e o rg e B liss,
Isa a c B ell,
E d w a rd F loyd -J on es,
A n so n W . H a rd ,
T h om a s M aitland,
J o h n E d g a r Johnson,
Ira H orsley,
J am es A . H ew lett,
G e o rg e H._M aoy.
J O H N D . JO N E S, P resident.
W . H . H . M O O R E , V ioe-P resideni.
A . A . R A V E N , 2 d „V ice -P re s’t
ix
THE CHRONICLE
J une 4, 1887.]
p l i s ccUancous.
Crenshaw &
ì* u M
W isner,
IB a n k
it a t i0 t is .
HERRING & CO.,
R E A D Y J U L Y 13 .
16 A 18 Exchange Place, N ew Y o r k ,
HAND-BOOK
COM M ISSION M E R C H A N T S ,
Members of the Cotton, Coffee and Produce Exch'i.
AGENCY or
THE HAS IL L
CRENSHAW
CO.,
R IC H M O N D , V A .
Standard Brands of Flour for Shipment to Warm
Climates always on hand.
G a n tts.
OF
Railroad Securities.
J U L Y , 1887.
ORIENT GUANO MANUFACT’G CO.,
ORIENT, L. I.
Standard Superphosphates.
SULPHUR
MINES COMPANY
OF VIRGINIA.
Price in Red Leather Covers, • • $1 00
To Subscribers o f the Chronicle,
75
High Grade Pyrites free from Arsenic.
CONTENTS,
Brinckerhoff, Turner
& C o .,
Manufacturers and Dealers in
C O T T O N S A IL D U C K
And all kinds of
Also, Agents
I U NITED STATES B U N TIN G OO.
A full supply, all Widths and Colors, always In stock
No. 109 D uane Street.
BA G G IN G .
[W A R R E N , JONES A
O R ATM ,
ST. LOUIS, m o.
I Blannlactarers ot Pure Jute Bagging.
IMPORTERS Or
COTTON
A D e s c r ip t io n o p t h e S t o c k s a n d B o n d s *
a n d a St a t e m e n t o f t h e I n c om e fo r
fo u r yea rs p ast, as w e ll as th e a n nu al
oharges a gainst Incom e, o f all R ailroa d s
w h ose secu rities are co m m o n ly sold in the
m arkets o f N ew Y o rk , B oston, P h ila d elp h ia
a n d B altim ore.
Highest and Lowest Prices, Monthly.—
iCOTTON CANVAS, FELTING DUCK, CAB
■ COVERING, BAGGING, RAVENS DUCK, SAIL
TWINES, AO., “ONTARIO” SEAMLESS
BAGS, “ AWNING STRIPES.
IR O N
Railroad Securities.—
T IE S .
¿B liss, F a b y a n & C o .,
I New York, Boston, Philadelphia,
■ SELLING AGENTS FOR LEADING BRANDS
U n it e d St a t e s S e c u r it ie s F o r the y e a r
1 88 6 and t o J u ly in 1887.
R a il r o a d B onds a n d Sto c k s in N e w Y o r k
— F o r the y e a r 1 88 6 and to J u ly In 1887.
R a il r o a d B o n d s a n d S t o c k s in B oston —
F o r the y e a r 1886 and to J u ly in 1887.
R a il r o a d a n d Ca n a l B o n d s a n d St o c k s in
P h il a d e l p h i a - F o r the y e a r 1 8 8 6 a n d to
J u ly in 1887.
R a il r o a d B o n d s a n d Sto c k s in B a l t im o r e
—F o r the y e a r 188 6 and t o J u ly In 188 7 .
TH E OLDEST IN A M ERICA.
Nos. 251 and 252 Broadway, New York.
SECURE B A N K VA U LT S.
Ten Year Range o f Prices—
Y e a r l y R a n g e o f A c t iv e S t o c k s —D a te o f
high est and lo w e s t p rice s m ad e in th e y e a rs
187 8 to 1866— in clu sive, and fo r th e s ix
m on th s, J a n u a ry to J u ly, In 1887.
Dividends.—
D iv id e n d s o n R a il r o a d S t o c k s sold at
th e E x ch a n g e s In N ew Y o rk , B oston ,
P h ila d elp h ia and B altim ore, p a id d u rin g
ea ch o f th e s ix years, 1881 to 188 6 , in
clu sive, a n d to J u ly In 1887.
Railroad Earnings.—
G r o ss a n d N e t E a r n in g s so fa r as re p o rte d
In 188 7 . In com p a rison w ith th e co rre s
p o n d in g p erio d o f 1886.
B R O W N A B L E A C H E D SH IR T IN G S
AND SH EE TIN G S,
PRINTS. DENIMS, TICKS, DUCKS, A4,
The Largest Safe Works in thè W orld.
W IL L IA M
1 02
W IL L IA M
WELDED CHROME STEEL AND IRON
in Round and Flat Bars, and 5 ply Plates and Angle
FOR SAFES, VAULTS, &o.
Cannot be Sawed, Cut or Drilled, and praotloally
Burglar-Proof.
CHROM E
NEW
YORK.
Chronicle Volum es
SINCE
Drills, Sheetings, de, f o r E xp ort Trade.
L i t t e l l ’s L i v i n g A
Eugene R. Cole,
STA TIO N E R
AND P R IN T E R ,
trSupplies Banks, Bankers, Stock Brokers and Corpo
rations with complete outfits of Account Books and
[Stationery
| l W New concerns organising will hare their orders
promptly executed.
I N o. 1 W I L L I A M
STREET,
(HANOVER SQUARE.)
jS t e a m s M
p s .
ONLY
B)irect Line to
France.
■ g e n e r a l t r a n s a t l a n t i c co.
ge.
T^i 1 8 87 T H E L IV IN G
AGE enters upon its fortyfourth year, having met with conitinuous commendation and suc
cess.
A W E E K L Y M A G A Z IN E ,
.it gives fifty -tw o numbers o f
sixty-four pages each, or more
than
I
AND Q U A R T E R
double-column octavo pages o f
reading matter yearly. It pre
sents in an inexpensive form,
T
7
... „ . ■considering its great amount o i
matter, with freshness, owing to its weekly issue
and with a completeness nowhere else attempted
’
The best Essays, Reviews, Criticisms. Serial and
Short Stories, Sketches o f Travel and Dis
covery, Poetry, Scientific, Biographical.
Historical and Political Inform ation
from the entire body o f Foreign
Periodical Literature.
It is therefore invaluable to every American read
er, as the only satisfactorily fresh and COMPLE i’B
compilation o f an indispensable current literature—
indispensable because it embraces the productions
o f the
ABLEST LIVING W RITERS
B e tw e e n N E W Y O R K and H A V R E
OPINIONS»
f c r o m Pier (new) 43, North Hirer, foot o f Morton St.
|o*A G A8COQ NE, Santelli............Sat., June 4 4 P M
K a B K E W r N r EriieiKer8ar iee' 8at-' June 11,0 a ]m ‘
A r * !? ; d, Jousselm...Sat., June 18, 8 P. M
e
rafiw'Jv ifnH
ai8 ^ e avoid both transit by iungliab
to
& & digoomiorta o i or0ialn* the Channel
“ Nearly the whole world o f authors and writers
appear in it in their best m oods.” * * * “ The
reader is kept well abreast o f the current thought o f
the age.” —Boston Journal.
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riodical literature.” —tfimdai/ ¿School Times, PhUadel.
s ion in a *&noludl,1^ w ln e):-T o H a r r e second cabin, $60: steer.
! r ^ i.ncl? dtri8.wlne>bedding and utensils h L
^KisatLan?.intn^U redn°ed rates. Checks onBanque
Hh
Trusatlantique, Havre and Paris,in amount to suit.
in ou wttuuuw ox ljiberature,
Ayf
p r TO NEW SUBSCRIBERS fo r the year 1 8 «
remitting before Jan. 1, the numbers o f 1886 issi
aater the receipt o f their subscriptions, will be s
<
E f
IfeS.®1? 1 Train from H avre to P aris.
C lu b P r ic e s f o r th e b e s t H o m e a n d
F o r e ig n L i t e r a t u r e .
p
S
S
S
S
H
LOUIS D E B E B IA N , Agent,
No* 8 B o "lin g Greci
W ORKS,
B R O O K L Y N , N. Y .
B . D ANA A CO.,
STREET,
¡T ow els,Q u ilts,W h ite G o o d « A H o s i e r y
ESTABLISHED 185?.
STEEL
circulars Free.
[“ Possessed o f T he L iv in g A ge and one or oth<
o f our vivacious American monthlies, a subscrih
will find himself in command o f the whole situation
-Philadelphia Evening Bulletin.]
situation
E a ¡.L IT T E L L A CO., B o sto n .
fi^
WILLIAM
B.
1870.
DANA
A
CO..
79 & 81 W IL L IA M S T R R E T . N EW V O R ir
©xrttim.
J ohn ;l . B u l l a r d .
H e n r y H.
wheeler.
Bullard & W heeler,
COTTON COMMISSION MERCHANTS
NEW YORK.
ALSO
B A G G IN G
AN D
IR O N
T IE 8 ,
(FOR BALING COTTON).
Advances made on Cotton Consignments and Specia
C O N T R ^ c is e
OF°<^)TTONe aD Bale o f FUTURE
<*
Dennis Perkins & C o .,
COTTON BROKERS,
135 Pearl Street, New Y o rk .
Orders for Spot Cotton and Futures promptly
executed.
W
&
alter
COTTON
F
atman
,
BROKERS,
S8 B E A V E R S T R E E T . N B W Y O R K .
Alexander &
Cargill,
COTTON BROKERS,
A U G U ST A , G E O R G IA .
Entire attention given to purchase of COTTON
TO ORDER for SPINNERS and EXPORTERS.
Co r r e sp o n d e n c e So l ic it e d .
JOH N
II.
CL.ISB Y A
CO.,
COTTON BUYERS,
M ONTGOM ERY, A L A .
p u r ch a se o n l y on
Or d e r s ’■ (* o r A Co m m is s io n
T H E CH RONICLE.
X
__________(flflttmx.__________
[J une 4, 1887.
Cotton. *
g g t is jc je lla t t jt o n s .
Walter T. Hatch.
Nath’l F . T. Hatch.
W oodw ard & Stillm an,
W . T . H atch & Sons,
MERCHANTS,
P ost B uilding, 16 & 18 Exchange Place
NEW
I N M A N , S W A N N & Co
BANKERS,
14 NASSAU STREET, NEW YORK,
YORK.
1(0ANS MADE ON ACCEPTABLE SECURITIES.
,
COTTON
B r a n c h Of fic ts {
M ERCH AN TS,
F u t u r e D e l i v e r y of Co t t o n .
N ew
COTTON, ALL ORADES, SUITABLE TO WANTS
Ne w
Personal attention given at the EXCHANGES to
the purchase and sale of STOCKS and BONDS for
cash or on margin.
DEPOSITS RECEIVED—subject to check at sight
—with interest upon balances.
Special attention paid to INVESTMENTS an
d
accounts of COUNTRY BANKERS.
S p b c ia b , A t t e n t io n to o r d i b s t o r Co n t r a c t s
for
Henry P. Hatch.
Arthur M. Htch
a ,
Y ork ,
OF SPINNERS,
Of f e r e d o n T e r m s to Su i t .
Bethlehem Iron C o m p ’y
W illia m s, Black & C o ., Hubbard, Price & C o .,
BANKERS AND COMMISSION MERCHANTS,
1 W IL L IA M
STREET,
NEW YORK.
C O T T O N , G R A IN ,
P R O V IS IO N S , C O F F E E ,
STOCKS, P E T R O L E U M ,
ORDERS EXECUTED IN
NEW YORK, CHICAGO, NEW OR
LEANS, ST. LOUIS, LIVERPOOL,
HAYRE, Ac.
Lib m a n ,
st e r n
L e h m a n , D u r r & Co.,
..Montgomery, Ala.
& Co.,
New Orleans,¿La.
^LEH M AN
B R O S .,
C otton
F actors
AND
Cotton E x ch a n g e , N e w Y o r k ,l
AND
MEMBERS OF THE COTTON, COFFEE AND
PRODUCE EXCHANGES.
U p -t o w n Of fic e , N o. 204 Ch u r c h s t r e e t ,
N ew York..
Orders executed at the Cotton Exchanges In New
York and Liverpool, and advances made on Cotton
and other produce consigned to us, or to our corres
pondents In Liverpool: Messrs. L. Rosenheim &
Sons and A. Stern & Co.; in London, Messrs. B.
Newgass & Co.
NORFOLK, VA.
Robert Tannahill & Co.,
Cotton Brokers & Commisnion Merchants
Liberal advances made on Cotton consignments.
Special attention given to the sale of cotton to ar
rive or In transit for both foreign and domestic mar
kets. Orders for Future Contracts executed In New
York and Liverpool.
Gwathm ey & Bloss,
COM M ISSION
M E t, C H A N T S ,
Orders for future delivery of Cotton executed i
MERCHANTS,
EXECUTE ORDERS FOR FUTURE DELIVERY
C O T T O N
at the NEW YORK, LIVERPOOL AND NEW OR
LEANS COTTON EXCHANGES. Also orders for
C O F F E E
at the NEW YORK COFFEE EXCHANGE, and
G R A I N A N D P R O V IS IO N S
at the NEW YORK PRODUCE EXCHANGE and
the CHICAGO BOARD OF TRADE.
.Co r r e sp o n d e n t s :
!Messrs. Smith, Edwards & Co., Cotton Brokers,
Liverpool.
Jas. Lea McLean, New Orleans.
G.
Schroeder
&
C o .,
Bueoessorsto W ARE à SCHROEDER,
COMMISSION MERCHANTS,
Cotton Exchange Building,
Special attention given to the purchase and sale o
f
FUTURE CONTRACTS
In New York and Liverpool.
COTTON BROKER AND AGENT,
visions ix New York and Chicago.
I n s u r a n c e .
M ohr, Hanemannôc C o .,
COTTON E X C H A N G E
S a f e t y I n s u r a n c e Co.
New York.
Sp e cia l
a t t e n t io n
G iv e n
O F P H I L A D E P H IA .
E xecution
to t h e
Outstanding Scrip........................................
Reserve to reinsure Outstanding Risks
and all other Liabilities...........................
Surplus over Capital and Scrip...................
T O T A L A S S E T S ....... .
MERCHANTS,
L iv e r p o o l Co r r e s p o n d e n t s ,
Phenix
S. CO.
c
OF
Edward H . Coates & C o .,
. . . . . . . . . . . . $1,719,209 2
0
Insurance Co.
BROOKLYN,
Office, 195 Broadway, New York City.
Statem ent o f C om p a n y 1 st D a y o f J a n ., 1887. ■
Cotton Commission Merchants,
C A S H C A P I T A L ........................................$1,000,000 0 ■
0
R e se rv e fo r u n earned p rem ium s............ 3,468,838 w ■
R e se rv e f o r un paid lo ss e s ..........................
359,iw » ■
N et s u rp lu s .. .
...........................................
657,086 ■
NO. 116 CHESTNUT STREET,
P H IL A D E L P H IA .
NO. 49 MAIN STREET,
N O RFO LK , VA.
SPINNERS ORDERS SOLICITED.
Rountree &
716,9600
0
888,8130
0
879,8060 ■
0
N ew Y o rk Office, 75 Beaver Street,
J . R A Y M O N D S M IT H , Agent.
P H IL A D E L P H IA .
F R E D E R IC Z E R E G A
F I R E AND M A R IN E .
C A P I T A L S T O C K ........................................ 8880,000 0
0
G eo. H .M cFaddenôc Bro.
O O TT.O N
(IN C O R P O R A T E D 1885.)
Delaware M utual
B U IL D IN G ,
Cash assets........................................... $5,883,171 001
ST E P H E N C R O W E L L , President. I
W M . R . C R O W E L L , V ice -P re sid en t.
P H I L A N D E R S H A W , Seeretary.
G E O . H . F IS K E , A ssistant Seeretary.
F R A N C IS P . B U R K E , Beo’y L o ca l Dept, ■
C o .,
COMMISSION MERCHANTS,
COTTON EXCHANGE, NEW Y O R K , and
NORFOLK, VA.
COTTON, G RAIN, PROVISIONS,
Stocks and Petroleum,
Orders for future delivery of Cotton executed In
Orders executed in
New York and Liverpool; also for Grain and Pro erpool. All grades ofNew York, Chicago and Liv
cotton suitable to spinners’
visions In New York and Chicago.
wants offered on favorable terms.
NSW
Cotton E xch an ge B u ild in g , NewYork,
38 R U E D E L A B O U R S E . HAVRE,
New York and Liverpool; also for Gral. and pro
OF ORDERS FOR FUTURE CONTRACTS.
1 South W illia m St., New Y o r k .
8
Cotton Commission Merchants,
F . H offm ann,
No. 123 PEARL 8T., NEW YORK.
Henry H en tz & C o .,
COM M ISSION
N ew York,
Price, R eid & C o .,
COMMISSION M E R C H A N T S ,1
No. 40 EXCHANGE PLACE,
40 and 42 W all Street,
M a n h attan B u ild in g ,
YORK.
^
t
n
' I
a
Insurance C o m p a n y !
OF
HARTFORD.
Capital.......................................
B. F. B A B C O C K & C O .
COMMISSION MERCHANTS,
IT
W a te r
Street, L IV E R P O O L ,
Receive consignments of Cotton and other Produce,
and execute orders at the Exchanges in Liverpool.
Represented In New York at the omoe of
SAM’L D. BABCOCK,
88 Nassau Street, New York.
9ISouth W illia m St. & 51 Stone S t.,
NEW YO R K .
COTTON.
$4,000,000 0«
L ia bilities f o r un p aid losses
an d re-insurance f u n d .. . . . . .
J. C . Graham & C o .,
2,118,61819
Net S u r p lu s ..................... .
3,450,221 3
7
Assets J a n . 1 , 1 8 8 7 .... $ 9 ,5 6 8 ,8 3 9 5<|
N o . 68 W a l l Street, M ew York. I
J A S . A . A L E X A N D E R , Agent.
BUYERS FOR AMERICAN MILLS.
I
Selm a, M ontgom ery and New Y o rk .
G eo. Copeland & C o .,
LO M M ER C IA L JJN IO R I
FELLOWES, JOHNSON & TILESTON
A s s u r a n c e Co., l im it e d ,
COTTON BROKERS,]
COTTON, STOCKS, RONDS, & e .,
1 8 4 P E A R L ST R E E T * N E W Y O R K .
85 WILLIAM STREET, NEW YORK.
Orders in “Futures” executed atJN.Y, Cotton.Exoh
.
I
OF LONDON.
Office Cor. P tn e & William^Ste., New Y o rk I
@FedFRASER