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financial;

xmitU
HUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS
OF THE UNITED 'STATES

YOL

NEW

42.

YORK, JUNE

^iwattjcial.

1886.

5,

^iuaitciat

^itutttciat.

AMERICAN

F.C.HoLLDJg. B. H.

DIAMONDS.

Bank Note Company,
78 TO 86 TRINITY PLACE,

NEW

NO. 1,09a

YORK.

BoHlncM Founded 1795*
Uwr r;f State of New T«rli,

lurerponitt^d uiidfr

&

Alfred H. Smith

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

AXD

182 Broadway, Cor. John Street.

a4«

CLARK 8TBMKT, CHICAGO,

flni-Mt

nnd most

artlstlo stTle

FKOM STEEL PLATES,
COCSTKRrEmiWU

Wllk BPKCtAT. SAFMil :AKI« to 1"RKVK\T

No.

SOLID SILVER.

SAFETY COLORS.

Compajif

GORHAM MTg

Co.,

SAFETY PAPERS.

Broadway and Nineteenth

AND

Work Executed

In Fireproof BuIldlnffH.
UTHOORAPHIC AND TYPE PRINTINQ.

Street,

MAIDEN LANE.

9

Show Cardft, Lubeln, Culendarfl.
BLANK BOOKS OF EVERY DESCRIPTION
ALBERT G. GOODALL, PreiidenL

VICE-PRESIDENTS
A. D. SHEPARD,
W. M. SMILLIE.
TOURO ROBERTSON.
THEO. H. FREELAND. Sect'y andlre**.
:

ASA

POTTEK, Prea'L

J.

W. Wobk,

Cashier.

Maverick National Bank,
BOSTOIV.
$400,000
400,000

Aooonnts of Banks and Bankers
Collections

Houghton

Bros.
BANKBRS,

Flojd- Jones

&

sold

Robison,

No. 2 Ezcbanse Court, New^ York.
Bonds and V. S. Government Securities
Bought and Sold on Commission.
Wm. c. Flotd-Jonks,
Robison,
Mem bers New York StockWilmam
Exchange.
Stocks.

78

Co.,

Refer to—

Merchants' National Bank and Bank of North America, New Tork \ Merchants' National, Chicago; Maverlck National. Boston.

and Philadelphia Stock Exchanges.

Y.

H. Taylor

L.
8. \f.

Cor. Tblrd

&

Co.,

Membera New York Stock Ezehamse.

TINKER

&,

WESTON,

BANKERS AND BROKERS,

No. a

EXCHANGE COURT,
New Tork.

HiHBT

TiNKKH. Member N. T. Stock Bzch.
HKN88IU.AEB WlSTON
C.

STOCK BROKER.
Lansdale Boardman,
NEW YORK, 80 BROADWAY A 5 NEW ST.
TROT,

N. T., No. 17 FIBBT STREET.

Stook Bxch ge membanhlpi private wlrsi

all

facUltlei

LIICILIBB.

J.

WAgHBinur
"*•"»«»

C.

and Cbestnut

&

Townsend

Washburn,

BANKERS AND BROKERS,
No, 6 ITaU Street, New Tork.
Stocks and Bonds Bought and Sold on Oommlaaloa
for cash or on margin.
Special attention given to Unlisted SecnrtUta.
Deposits received subject to Check at Sight.

Correspondence Solicited.

Associated Brokers, Limited
44 BROADWAT AND 47 NEW ST.,
ROOM

10,
all

NEW
the

TORK.

New Tork

Illi<i1iei^.e

and the Chicago Board of Trade. Branch ofllcea to
be established throughout the countrr, for which

Deposits received subject to check at sight, and
interest allowed on daily balances.
Stocks, Bonds, &c., bought and sold on commission
in Philadelphia and other cities.
Particular attention given to information regarding

" private wire " faellitlea famished on liberal tanas.

PHILADELPBIA.

Private wire to

Investment Securities.
New York, Baltimore and other places

Henry

S.

Ives

&

Co.,

BANKERS,
No. 36

NASSAU
P. O.

Bills of

on Margin.
Correspondence Solicited.

Seeuritles.

Private telegraph wires to Providence and Boetoa.
G. B. TAINTOR.
OBO. H. HOLT.

Orders executed on

ST.,

BOX

NEIT TOBK.

State, Conntj,

CItr sad Rallioed
bonds constantly on band for sale or exohange, and
particular attention given to the nbjeot of Investments for institutions and trust funds.

HiBAH DiwiNO. Clark Dewtmo. F. T. Bonticou
(Member of New York Stock Exchange.)

H. Dewing

&

Son,

BANKERS AND BROKERS,
No. 18 \rall Street,

New

York.

Stocks and Rondn RouKbt and Sold on CommlMJon
Accounts rccoived and interMt allowed onbAbUMM
which mnj bo clwcked ior st 8l«ht.
per oeat DebWtVMi
Iowa ]x)an ft Trust Co.

and

sold.

InfomaUon and

KDWABD
W. H. DICKINSON,
Member N. Y. Stock Exchange.

Dickinson

&

No. 30 Pine Street,

ref.

P.

ALUKO.

Ailing,
New

Tork.

at N. T. Stock Bxchanm, for HV.
or on MARGIN, all claasaa of Stoeka
and Bonds, and allow Interest oa deposlU. sabjeci to
check at sight.

Buy and

Receive deposits subject to check at sight and
allow interest on dailr balance*.

t>oii^lit

Call or write for full

erences.

seit

TESTMKNT

1,488.

Transact a general banking business, Inoladlng tlM
purchase and sale of securities listed at the New
Tork Stock Exchange, or In tbe open market.

GoTemment,

Applications for organisation of branch ofllcea soll^
Ited.

BANKERS AND BROKERS,

Sc

Exchange and Cable Transfers on the Dnion
Bank of London.
Baj and Sell Stocks and Bonds for Investment or

boalnsM.
allowed oa

Stai.s

Adams & Kellogg,

BANKERS AND BROKEKS,
80 Broadway, New Tork.

INTBUBST

received and

But and seU OOVERNMBNT, MDNICIPAL aad

RAILROAD

raiLlirAUKEE, 1¥IS.

BANKERS,

BANKERS AND BROKERS,

Andrews,

&

COLLBCTIONS made In anv part of the conntrr
at lowest rates. Accounts of Banks, Merchants and
others solicited.

terms.

Government Bonds bonght and

New, New Tork.

GENERAL BANKINQ

Jno. p. Townsind, Special Partner.

solicited.

made upon favorable

DEPOSITS

a

'Townsknd.
LAKSora
Member N.Y. Stock Exchange.

Members N.

CAPITAL,
SURPLUS,

WaU St., Cor.

TRANSACT

Chas.

MACDONOUGH,

P.

1 1

Q. D.

RAILWAY TICKETS OK IMPHOVED STVUBS.

I.

Holt,

balances.

bp«cla] papei-s niniiiirnftimil cxcliultel; for
tlio

ILL.

BANKEBS,

ENGRAVING AND PRINTING,
BAKK NOTES, SHAKE CEKTIFICATES, BONDS
Fob tlOVEK.VME.VTS A>» COKPOitiVTIONS,
PRAPTS CHEtKK, BILLS Or EXCIIANeE,

U6« of

&

Taintor

.

d-c. In the

Co.,

BANKERS AND BROKERS,
11 WALL STREET, NEW YOKK,

Foreign Governments.

STAMPS,

&

Frank C. Hollins

Co.,

inPORTERS,

1858.

KcarKanlzed 11479.
F.NGFAVKHS AND Printers of

Km nsox. I.U.WASOomoi.

Cahoone

&

Wescott,

18 Wall Street,
Ezecate Onlera In

all

N.w

Tork,

SeeoriOM Uit«l oa

NEW YORK STOCK EZOHANOE.
Special Attention given to

ti»Terniuent& otberlnTestmeatBoada
Correapondenee SoUelted

Gorham, Turner

&

Co.,

BANKERS AND BROKERS,
nilla BnUdlnc, St Wall St., New Tork
CBA*. W. TcairaB.
Aumx G. QOBBAk.
OBAS. C. Noels.

MMilwr M. T.Btoek Bxak.

,

;

THE CHRONICLE.

fi

"g^nUtxs awtX §xuxo)ix$ ut

&

Morgan

Drexel,

Co.,

WAIX BTEEET, COEITER OP BEOAD,
NE1V TORK.
Drexel,Harje8 & Co
Drexel & Co.,
HausBmann,

Cor. of 6th & Chestnut Sts. 31 Bonlevard

PHILADEIiPHIA

August

Co.,

Boston.

AND

AI.EXANDER BROW^N & SONS
BALTIMORE.

Exchange
ON GREAT BRITAIN AND IRELAND, FRANCK
GERMANY, BELGIUM, HOLLAND 8W1TZKBLAND, NORWAY. DENMARK,
SWEDEN AND AUSTRALIA.
Issne Commercial & Travelers' Credits

Bny and

Sell Bills of

Available in any part of the world. In Francs for
ase in Martinique and Guadaloupe, and in dollars for
aae in this and adjacent countries.

/Sake Telegrapliic Trausfers of money
Between this Country and Europe.

COLLECTIONS OF DRAFTS drawn
MAKE
abroad on
points in United States and Canada,
all

and of drafts drawn

in the C nited States on
foreign countries
•nd their London house. Messrs. BROWN, SHIPLEY
& CO., receive accounts of American banks, firms
and Individuals, upon favorable terms.

&

&

Stuart

J.

Co.,

33 NASSAU STREET.
BILLS OF EXCHANGE ON

M. de Rothschild, Esq., Vienna.
AND THEIK C0BBESP0NDENT8.
of Exchange on, and

fers to, England, France

No. 23

PATOW

62 TriUiam

Street,

SCOTI.ANI>,
EDINBURGH AND BRANCHES;

DRAW ON

Excbange on Iiondon, Paris, Berlin
and Zarlcb.
and payments Made bt Cable.
Paris House— MUNROE dc CO.

Credits Opened

No.

CORKESPONDENTS OF THE

Bank

Bfessrs. Jolin

of liondon

Bills

TVILLTAM STREET,

Buy and

sell

bonds, stocks andsecuritiea in

all

MARCUARD, KRAUSS & CO.,t„.nTa
PARIS.
UOTTINGDER & CO.,
S

all

securities dealt in at the

New York

Kidder, Peabody
1

&

113 Devonshire Street, Boston.

BARING BROS. & CO., London
COMMERCIAI. CREDITS,

Messrs.

Excbange.

CAPITAL,

J.

H.

J8,000,000.

GOADBT &
JOI..T

SURPLUS,
B. E.

AGENTS,

$2,100,000.

WALKER,

1« EXCHANGE PI.ACE, NETT YORK
BUT AND SELL STERLING EXCHANGE, CABLE
TRANSFERS, ETC.
I88UB COMMERCIAL CREDITS' AVAILABLE
IN ALL PARTS OF THE WORLD.

KOVNTZE BROTHERS,
BANKERS,
1 20

Broadway,

Equitable Balldlng, New York

liETTERS OF CREDIT AND

CIRCULAR NOTES

Issued for the use of travelers in all parts of the
world. Bills drawn on the Union Bank of London.
Telegraphic transfers made to London and to various
places In the United States. Deposits received subject to check at sight, and interest allowed on balances. Qovemment and other bonds and InTestment
Bsourlties

bought and sold ou oommlsslon.

BROAD

ST.

AND

SOS niONTAGlIE ST.,

BROOKLYN.

GAS STOCKS
AND

OAS SECURITIES,
Stocks and Bonds

ASO AUi KINDS or

BROOKL.YN SECURITIES
DEALT

IN.

SBB aAS QUOTATIONS IN THIS PAPBB.
Geo. h. Prentiss. W. d. Prentiss.
Member N.T.Stook Ezch.

John

W. W. Walsh

McGeorge,

B.

BROAD STREET,

Co., INVESTMENT SECURITIES AND

FOREIGN BANKERS,
Nassau Street, New York,

Stock

Canadian Bank of Commerce.

18

Geo. H. Prentiss & Co.,
No. 49 WAI.L ST., NEW f ORK,

No. 30

Members of the New York Stock Exchange
Dealers in FoREias Bxchanoe, Gotebnment
Circular Credits for Travelers.
AND OTHER INVESTMENT BONDS.
STERLING LOANS A SPECIALTY.
44 \rall St. and 62 Greene St., N. ¥. Cable Transfers and Rills op Exchanob on
Buy and sell on commission, for investment or on
Great Britain and the Continent.

margin,

AND

Am-

erican, Canadian, British and Dutch markets on commission. Collect dividends, coupons and foreign and
inland Drafts.
Sell Bills of Exchange on

ATTORNEYS AND AGENTS OF

& Co.,
BANKERS AND BROKERS,

STAIVTOTV,

S.

OiTer Investment Secnrttles.

Commercial and Travelers' Credits.
of Exchange.
Cable Transfers.

Unger, Smithers

Ut Bonds and Stock.
Bought and Sold by

Southern Telegraph

Street Railroad

Companies.

Berenberg, Gossler & Co.

Hamburg.

Bonds, Certificates and Scrip.

Co.,

Issue commercial credits, also foreign and domestic
travelers' letters of credit in pounds sterling & dollars.

London.

nessrs. Marcnard, Krauss & Co., Paris

Stock and Scrip.

JOSEPH & GRAND ISLAND SCRIPS.

Act as Agents for Banks, Bankers and Railroad

Ruckgaber,

(Ijliiiited),

63

&

BANKBR8.

STREET, NETT TORK

International

Common

OHIO CENTRAL (RIVER DIVISION),

Member N. Y. Stock Exch'ge

Kennedy Tod

and Common.

COLUMBUS HOCKING VALLEY & TOLEDO

16

24 Exchange Place,

York.

Ohio Central

First Mortgage, Preferred

J.

telegraphic transfers of money
ON MEXICO, CUBA, dtc, dec.
Kennedt Tod.
Alexander Baring.

J.

BANKERS
39 nriliLIAM

Co.

&

Toledo

bills of exchange, letters of credit,

Co.,

isBue Circular Letters of Credit for Travelers' Use
Abroad against Cash or Satisfactory
Guaranty of Re-payment.

&

&

New

4 Broad Street,

ST

COMMISSION MERCHANTS,

H. O. NORTHCOTE.

No. 32 Nassan Street, Nenr IToik.
No. 4 Post Office Square, Boston.

TOBEY& KIRK

York.^t

AND

J.

Schulz

New

BACKERS

CABLE TRANSFERS AND LETTERS OF CREDIT.

&

stock:
BOUGHT AND SOLD BY

SCOTLAND.

ALSO,

PREFERRED

COnJHON AND

THB UNION BANK OF LONDON
BRITISH LINEN CO. BANK, LONDON AND

&

Ohio Central

RAILROAD

CO.,

ac

;

22

Son. London.

Co.,

Accounts and Agency of Bf^ks, Corporations
firms and individuals received upon favorable terms
Dividends and interest collected and remitted.
Act as agents for 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.

&

Toledo

SUCCESSORS TO

JESUP,

Hambro &

^pjeciaX ItttrjeBtmjettts.

New York.

BANK OF

John Munroe

&

John Paton

MANCHESTER, PAYABLE IN LONDON

NATIONAIi

ALL PARTS OF THE WORLD, ON

Messrs. C. J.

Payable in any part of Europe, Asia, Africa, Australia and America.
Draw Bills of Exchange and make Telegraphic
Transfers of Money on Europe and California.

UliSTER BANKINO COMPANl,
BELFAST, IRELAND;
AND ON THE

ISSUE COMMERCIAL CREDITS, AVAILABLH

BANKERS.
BROAD STREET,

Nenr ¥orb.
Issne Letters of Credit for Travelers
On SELIGMAN BROTHERS. London.
SELIGMAN FKEllES & CIE, Paris.
SELIGMAN & STBTTHEIMBR, Frankfurt.
AL8BBRG, GOLDBERG & CO., Amsterdam.
ALTMAN & STETTHEIMBK Berlin,

BANKERS, LONDON
"LIMITED,"

BUT AND DRAW BILLS OF EXCHANOH,
MAKE CABLE THAN8FBRS, ISSUE TRAVEiL.
IN

and Germany.

Maitland, Phelps

niANCHESTER & COUNTY BANK,

FOREIOSr BANKERS.
BBS' CREDITS.

make Cable Trans-

& W. Seligman & Co.

J.

Co.,

STREET,
NEW YORK.

Exchange Place,

Cor.

&

PAYNE & SMITH'S,

SiniTB,

sU

parts of the World, through

IN STEBLINO,

J

29 WILLIAin
In

Sons, liOndon.
Messrs. N. M. Rothschild
"
de Rothschild Brosu Paris.
"
M. A, de RoihschllfTdlc Sons, Frank-

Draw Bills

&

Ickelheimer

12 Pine Street,
ISSUE TRAVELERS' CREDITS, available

&

Phlla.

Co., Heidelbach,

BANKERS,

S.

Attornbts and Agents of
CO.,
Rlesars. J. S. ]TtORaAN
Ko. 22 OLD BEOAD STEEET, LONDON.

&

&

Belmont

%xchnnei^.

|No.

DOMESTIC A KB FOREIGN YANKEES.

Brothers
NEW YORK.

|^0icei0tt

tort o\in.

PARIS.

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

Brown

[Vol. XLII

COMMERCIAL PAPER,
Manh-attanville & St. Nicholas
Ayenne and other City Railway
Securities Dealt in.
TELEPHONE CALL " NEW." 727.

42d

St.

>V]VI.

C O YES,
IV

No. 96

BROADWAY,

DEALER IN

CITY RAILiWAY STOCKS,

STOCKS,

GA.^
TRUST

CO.'S

STOCKS,

TEL.ECRAPII STOCKS,
Bank Stocks, Insurance Stocks.
See

my quotations

of Trust and Telegraph Stocks
and Daily IrulicaU)r.

In Saturday's Evening Post

Vf YOU WANT TO BUY OR SELL ANY
OK BONDS;
PUTS OB CA LLS ON STOCKS
send for, or call on,
write to, teiegraph to,

60 Exchanse

Telephone

New York
"New 817."

Place,
oall

:

Jdnb

.

.

THE CHRONICLE.

0, 188e.]

Sanfters attd %vaUtvs iu ^exo
JAIIU WUITII.T.

BINUT
Wh.

CRDOIB OAKLIT,

II.

maynabdC. byb*.

UODOC, WuhlnKton, D. O,
Travcuh, Speolal Partner.

II.

R.

Prince & Whitely,
No. 64 BROADWAY, NEW VOKK.
^^
n»
. ^r^ o..<r..a
orricis j jgg
BRANCH

"ew York.
Waahlnirton, D. 0.

ja^,,

g^

_

New Uaren.

Wa*hln(ton, Brldseport,
Boaton and Plttaburu.

ton, Baltimore,

CHAHLI8

K.

Cox

atook Hxotaange.

&

Carolin

A v., cor. iSd St.. New York
Deposits received »ub1oct to check at slfrht, and
Interest allowed on dally baliincea. All Stocks and
Securities dealt In at the Nuw Vurk Stock UxohanHe
buDKht and sold on Commission, for Casta or upon
MamlD^

H. Davis & Co.,
J ohn
BANKERS AND BROKERS.
Do a atrlctiv Oommiaalon Bnslneaa
STOCKS, BONDS and GRAIN,

in

With Private Wires to CIUCAOO, BALTIMORK,
PUll.AUlfL,PUIA and Intermediate Polnta.

NBW YORK.

W. H. Goadby &

Co.,

BANKERS AND BROKERS,
STRGBT,
No. 24

BROAD

&

Bass,

BROAD STRKET, NEW YORK,
STOCKS, BONDS
AND nHSCKLLANEOVS SKC I7RITIES
Correspondence solicited.
Quobatlons cheerfully furnished
Wm. H. Hiir.STON,
W. Alkx. Bass. Jr.

DBALBR8 IN

FIRST-CLASS IN¥ESTinF.]VTS.
Bnjr and set! on Commission, for cash or on margin.
securltloa dealt kti at the New York Stuck Kz-

interest allowed on dallr tMilanoefl.
All deposits subject to obeok »t sifiht.
Partloular attentlun t4) orders by mall or tetesrram

&

G. Walcott

J.

New

York.

H. B. HOLLISS.

F.

A.

&

B. Hollins

stocks and Bonds bought and sold on Commlsalon,
Orders received In Mining Stocks, and In Unlisted
Securities. Collections made and loans negotiated.
Dividends and Interett oolleoted.
Deposits received subject to Draft.
Interest allowed. Investment seourltles a specialty.
We Issue a financial Report weekly.
Job. C.

Frank

Walcott,
F.

Members of the New York

)

Dickinson, t

Stock Exchange.

&

BANKERS,

TZNAGA.

Co.,

In addition to a General Banking Business, Buy
Sell Qovernment Bonds and Investment Securi-

WALL STREET,

CItT,

p.

A

NEW^ YORK.

18

In

Chrystie

BROAD

BROKEK,

BT.,

NEW YORK.

margin-

Hamilton

&

No8. 23

Bishop,

BANKERS AND BROKERS,
Vitrk

8UCCESSOBS TO

>¥OOD & DATIS.

Execute orders in all securities listed at the New
York Stock Exchange. For Hale
FIBST-GLASS RaILBOAD FIH8T MOUTOAOE BONDS.
GEOROK C. WOOD. C.H. HUESTIS. L. M. SWAN.
:

&

ic

Accounts of Hjtiiks, Hiuikors and others recelred.
Interest allowed on balances. A strictly Commlsalon
Business in the purchase and sale of stocks and bonds
Private TcleKraph Wire to Albany, Troy, Syracuse,
Hocbester, Utlca, buffalo. Cleveland and Chicago.
Draw on City Bunk of London In amounts to suit
Special attentio n given to Securities fo r Investment

&

G^

BANKERS AND COMMISSION MERCHANTS
2 ExcliuiiB« €oart.

&

Chew,

2 Exchange Court

Janney,

ik

32 Broadway, N. Y.

Stocks, Bonds and United States Government
Securities Bought antl Sold on Commission.

JAS. D. SlMOXS,
BEVERLY
Y. Stock Exchange.
Y. Produce Exchange.

Member N.

R.

J.

&

Kimball

CHEW.

Co.,

BANKERS AND BROKERS.

Membership New York Stock Exchange.
Members Philadclphiii Stock KzchanKd.

17 Years*

& 18 Broad Street, New X^oric.

sell on commission, for investment or on
marKin,all securities dealt in at the N.Y. Stock Exoh.
UouEBT J. Kimball.
altkeu B. Lounsbbut

Simon Borg
No. 17

(AJ Co.
BANKERS,
18 W A

No.

New York.

ST.,

&

Co.,
YORK

NEW^

DEALERS IN ALL KINDS OF

STREET,

I. I.

NASSAU

Railroad and IiiTestment Secarltie&

New York.

SOUTHEBN SECUBITIES A SPECIALTT.

Transact a General Banking Business, Including
the purchase and sale of STOCKS and iSONDS for
cash or on margin.

Albert Pearce,

Bar and

Inirestment Securities.

Sell

BOX 8,847.
WAYLAND TBA8K.

P. O.

W.

C.

H.

J.

M0B8X.

HILL.

16

BROKER

IN

&

18

BROAD

ST.,

ALL KINDS OF INVBSTMKNT

BONDS, MISCELLANEOUS SECURITIES
AND DEFAULTED BONDS.

CORRESPONDENCE SOLICITKO.

Walsh & Floyd,
STOCK BROKERS,
.BANKERS,

No, 26 BROAD STREET, NEW YORK.
Exchange Place, N. Y. JAUES W. WALSH, JR..
NIOOLL riATD, JB
Branch Ofllce, 241 La Salle 81., Chicago,
Member N. Y. Stook Exchange.
TRANSACT A GENERAL BANKING BUSINESS,
INCLUDING THE PURCHASE AND SALE OF
STOCKS AND BONDS FOR CASH OR (iN MARGIN. BUY AND SELL INVESTMENT -KCUUITIES.
INTEREST ALLOWED ON DEI'OSITS
SUBJECT TO CHECK AT SIGHT.

a Broadway,

cor.

P. O.
D. A.

BOODT.

NEW YORK.
Stock KxchanKe.)

R. T. Wilson

Co.,

NEW YORK,

STOCK BROKERS,

Receive deposits aud consignments of Bullion.
Deal In Investment Secuntles and Foreign Kxchange and invite correspondence.
Particular attention given to Information regarding
Investment Securities.

PINE STREET.

(Members Now

New York.

&

Huestis

PINE STREET,

BANKERS,
Member N.
25 Nassau St., Neiv York,

Co.,

the N.Y. Stock Bzchanse.

AlVD

Lots or otherwise,

Petroleum Biobange,

Simons

NEW YORK.

A. M. KIDDCB.

TransactsaKeneral Banking boslneu.lncladlnff the
purchase and sale of stocks and bonds for cash or on

No. 35

Wood,

BA9IKERS,

Turner,

Membership

BANKER
16

W. SurTH. t

NO. 20 NA8SAV STREET,

Nenr York.

(15 Years'

S.

Bbown.

BANKERS AND BROKERS,
74 BROADW^A Y andS NEW^ STREET,

J.

Bonds. ParUncurrent Bondi wtl.

Buy and

ConntT, state. Railroad, District of Colombia
Bonds and Foreign Exchange.
Correspondence Solicited.

C.

In Railroad

sell

Stocks bought In Fractional
either fur Cash or on .Margin.

Nos, 16

Co.,

Howard Lapsley &

buy or

please communicate.

Prkd. a. Brown.

Walston H. Brown & Bros

UNITED BANK BUILDING,
No. 2

Fred. H. Smith,
BANKER & BROKER,
No. 20 BROAD ST., NEW^ YOKK.

BANKERS AND BROKERS.

WALSTON H. Brown.
Hirbxrt

COHKESPONDENTS

&

Cltj,

State, Municipal and Railway Honda and Coapona
bought and sold at beat market rales. Inyeatoraoi
dealers wishing to buy oraell are Invited to communb
auto with ua.
Uo,"V>Mr nf thp klow Ynplr Htrtr.x KTn*tanvA

31

BROADWAY, NEWr YORK.

H. Latham

Manning,

B.

F.H. Smith, (Members Consolidated Stook and

CEDAR STREET.

No. «3

CLARK A CO., )„„„ ,„„,„„.
UILI, & KENNEDY, ('"""""'"^"'A"
DEVEN8 4 TUCKKBMAN, BOSTON.
John Uowabo Latham. Prxdkrick W. Fekby.

J.

John

ties desiring to

Co.,

AMO

Bank.

Kit. i,

^Mll are Invited to oall
I'rumpt and yeraonal attention glren

or corrcsuoiul.
to all orders.

Twenty years* experience

Gilman, Son

W.

Messrs. E.

itAL

KCIAI.TY.

Co.,

BANKERS AND BROKERS,
74

uTiTi.- »Mi,<i.rv >'>"i..'<)rOROHOIA,

BANKER AND BItORKR.
BANKERS AND BROKERS,
No. 14 W^all Street, New York
No. 24 Pine Street, New York.
SOUTHERN SECURITIES
A 8PBClAI.Tr.
Transact a General Banking Businegd.

BROKER,

Dealer in InTestmeut Seenrltles,
No. 7 NASSAU STREET,
(Conttneiital National Bank Balldlng),

&

AMU
Dealer in Miscellaneoiu Secnrltiei,
MILLS BDn.DINU (M rioor,)
HoomsaSAM.
33 WALI., HTRKET.

all

Robertson,

L.

J-

73

BROKER

Y. ijtuck Exch'ito.

BOIKD A]VD STOCK

H.

York.

ties.

20

Member N.

121 South Tblrd Street, Fblladelphla.
offloe. New

and

Ncwr Y«rk^

Rolston

New York,

Oonneoted by Private Wire with main

Cox,

Branch Office. 315 Madison

No. IT WrAI.Ii ST.,

A. Dutenhofer,

Sons,

Sistare's

18 Broad Street,

dc

(JS^tg.

ohnnKO.

Bankers & ComiulBslon Stoelt Brokers
No. M BROADWAY.

LNO.

16

•''"•'' •*''••.

i

Bay iind sell on ooniiuta«toD h11 oliuiiet of Railroad
BMnrttlmmlio Umln and I'ruvlaluna.
PriTaU Telegraph wires to PhlUdelptala, Wllmlni.

WM. V. CAKUMH,
Member N. Y.

Geo. K.

%ovU

Box

447.

C. W. MOLILLAH.
REUBEN LILAND.

Stewart Brown's Sons,
STOCK BROKERS,

64 Broadnray

Buttrick

BANKERS,

UNITED BANK BUILDING,
Wall
8T00K8,

Street, corner

BONDS

<M

Jc 1

Broadwraf.

OOUMSROIAL PA FEB.

Stocks and Bonds bonght antl sold on commlsalon
at New York Stock Exchange. AdTancea made on
boalnau paper and other •ecnrlUee'

Neiv

&

Neiv York

St.,

Elliman,

New York,
FIRST-CE.ASS BONDS FOR INVEST*
18

lITall Street,

MENT

A SiM:«;iAI,TY.

InTostors wishing to Buy or Sell are Invited to call
or correspond.
Buy and Sell on Commission for Cash, or on Margin
all Stock* * Bonds dealt In at the N. V sjtoek
.

Kx&

:

THE CHRONICLE.

XV

CANADIAN.

FOREION.

Bank of Montreal.

Blake, Boissevain & Co.,
LONDON, ENGIiAND.

-

SMITHEK8,

C. F.

W.

$12,000,000 Gold.

-

-

.... $6,000,000 Gold.
President.

BUCHANAN,

.T.

Solicit accounts and agencies of Banks, Railways
Corporations, firms and individuals, upon
favorable terms also orders for the purchase
and sale of Bonds, Shares, &c., Ac, on Commission on the Stock Exchange.
Negotiate Railway, State and City loans.

NEW JOBK OFFICE:
& 61 TVAIili STREET,

59

Nos.

WALTER Watson,
Alex'b Lanq,

New York anb Boston

Agents.

[

BL.AKE

Buy and Sell Sterling Exchange, Francs and Cable
Transfers grant Commercial and Travelers' Credits
available in any part of the World Issue drafts on,
and make Collections In, Chicago and throughout the
Dominion of Canada.
IVo.

82 Abcliarcli liane.

Merchants' Bank
Capital,

LONDON, ENGLAND.

ANDREW ALLAN, Esq.
Vice-President, ROBEBT ANDERSON, Esq.
HEAD OFFICE, MONTREAIi.

resident,

Capital Paid Dp, £9T1,360
GEORGE HAGUE, General Manager.
H. PLUMMBR, Assistant General Manager.
BANKERS:

Sterling,

J.
\

ONDON, BNG.— The
The New York

Clydesdale

Bank

Bx-

This CompaLT undertakes the business of Trustee

sbange. Cable Transfers, Issues credits available in
all parts o ( the world makes collections in Canada
and elsewhere and issues drafts payable at any of
the offices of the bank in Canada. Every description of foreign banking business undertaken.

of approved Bailways, negotiates and

to

Loans

;

Ne«r York Agency, No, 61 "Wall

HENRY HAGUE

JOHN

B.

HARRIS,

[

JR.,

Issues

Street.

Railways and other Corporations, either In the matter of

payments of Interest on Loans, Dividends on

or Beglstration of Stocks In London, or otherwise.

Bank

Cable Addresa-PATT,

OF

WAIiL STREET.

sell Sterling

Exchange and Cable Trans-

A.nglo-Californian

drafts on Scotland and Ireland,
also on Canada, British Columbia, San Francisco and

Issue

fers.

demand

Bank

(LIMITED).

liONDON, Head Office, 3 Angel Court.
Sterling SAN FRANCISCO Office, 422 California St.
CIRCUIjAB notes iss ed in Pounds
COBTMEK,avaUable in all parts of the world.
CIAL. CREDITS ISSUED for use in Europe, NEW IfORK Agents, J. & W. Sellgman & Co.
China, Japan and the East and West Indies. Also, BOSTON CorreatKind'ts, Massacliiuctts N. Bk.
in name of LONDON & BRAZILIAN BANK
Limited, available in the Brazils, River Plate, Ac.
Bills collected and other banking business trans-

McTAVISH,
H. STIKEMAN,
D. A.

acted.

Imperial
H.

B.

up),

HOWLAND, Pres't.

HEAD

I

(

.
Agents.
„ents

Bank of Canada

CAPITAIi (paid
SURPIiUS,

-

D. R.

$1,500,000
$480,000

-

WILKIB,

Cashier.

OFFICE, TORONTO.
BRANCHES:

Port Colbome, St. Thomas, Ingersoll,
Welland, Fergus, Woodstock, Winnipeg, Man.,
Brandon, Man., Essex Centre, Niagara

Authorized Capital,
Paid-up Capita], ReBerve Fund, - -

-

$6,000,000
1,500,000
- 400,000

-

Transact a general banking business. Issue Com*
mercial credits and Bills of Exchange, available In all
pans of the world. Collections and orders for Bonds,
stocks, etc., execut ed u pon the most favorable terms.
FRAO'K F. LOW,
iManaireni
«iana«erB.

IGNATZ STEINHART. (

P. N. LILIENTlLAL.:Caahier.

and

Oalt, Ont.
& Sterling

Dealers in American Currency

Agents

in

London

Agents in

Lloyd's. Barnett's & Bosanquefs Bank, limited,
62 Lombard Street.

Exchange.

New York

:

Bank of Montbeal,
59 Wall Street.

Promptest attenti(»n paid to collections payable in
any part of Canada.
Approved Canadian business paper discounted at
the Head OflQce on reasonable terms, and proceeds
remitted by draft on New York.

&

Buchan,

Bankvereeniging,
W. BLIJDENSTEIN & CO.,
HOLLAND.
AiaSTBRDAM,
B.

ESTABUSHID

1861.

Capital fully paid up.7,20S,926 Guilders (12,881,570-)
ReserveFund
918,092.S2« "
(1385,837-)

HEAD

No. 55

Stocks and Bonds, Sterling Exchange, Drafts on
New York, bought and sold at OUKUENT PRICES.

cf(>LLECT10NS

MADE.

BANKING CORPORATION.
ReserveFund
Reserve for Equalisation of Dividends...
Reserve Liability of Proprietors

$7,500,000
4,500,000
500,000
7,800,000

The Corporation grant

Drafts, issue Letters of
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore, Saigon,

Manila, Hong Kong, Foochow, Amoy, Nlngpo,
Shanghai, Hankow, Yokohama, Hiogo, San Francisco

and London.

A. M.

TOWNSEND,

Agent. 47 William St.

L. de Steiger

&

WissBL^n-ErFECTENBAHK.

Almeloo-EEDEBOER &

Shanghai

Paid-up Capital

& 56 Threadneedle St., E. C.

Enscbede-B. W. BLIJDEN^EIN, JK.

FOREICIV.

Hong Kong &

Rotterdam—De

Co.,

BANKERS.

FBANKFOST'ONMAIN, GEBMANY

drafts.

^arm

ptortgagjes.

&

Hayden

Dickinson,

INVESTMENT BANKERS,

DBIVVEB,

-

.

-

-

-

COLORADO.

We have on hand and for sale first-class County
and School Bonds and other choice securities. We
especially recommend to conservative investors our
HKA L ESTATE LOANS on Improved City and Farm
Properties. These have been made by us after rigid
Investigation of title and values, and can be trans>
f erred at once. Correspondence solicited. Highest
references East and West.

the western

Farm Mortgage

Co.,

I.AW^RENCE, KANSAS,
Offers to Investors the best securities in the market.

FIRST MOKTGAOk LOANS UPON IMPROVED

FARMS.

Interest and principal paid on day of

CO.

Transact a general Banking and Comiulsglon
Business in Bills, Stooks, Bliares, Conpoas, <Seo.

ma-

New Yorls. Funds promptly placed. Large
No losses. Send for circular, references
and sample forms. F. M. PKKKINS, President; J. T.
WARNB, Vice-Prest.; L. H. PERKINS, Secretary
CHA8. W. GILLKTT. Treas.; N. F. HAKT. Auditor
turity in

experience.

Farm Mortgages
In Sums of $100 and Upwards on Indiana and Ohio Lands.
NOTHINa SAPHB. ALWAYS PROMPTLY PAID
SEND FOB PAMPHLET.
JOS. A. raooRE,
84 Eastnarket St.. Indianapolis, Ind

NORTH-

WESTERN
GUARANTY
LOAN CO.,

Heal Estate Mortgages on City
and Farm Property, worth two
to four times amounts of mortsatces, interest C percent to
y iM'rcent, prim;ij)al and iuterest al)soIutely guaranteed. Securities furKuaranty held l)ythe

American Loan & Trust Com-

MINNEAPOLIS.

pany, of Boston, Mass,

Paid-Up Capital,

NEIIER

9^00,000.
Autboriz'd Capital

$-^000,000.

Send for circulars to
«!t

CARPENTER.

Bankers, Troy, N.Y.
Eastern Managers for Company.

7%

8%

The American Investment Company,

OFFICE, AllISTERDAIII.
BKAKOHES:
STOCK AND EXCHANGE BROKERS,
London—
B. W. BLIJDENSTEm & CO.,
TORONIO, CANADA.

Gzowski

demand

6%

De Twentsche

St. Catharines.

Falls

Corporations, Firms and Individuals upon
favorable terms; also orders for the par*
chase and sale of Bonds, Shares, &c., &c. on
the Stock Exchange.
Interest allowed on Deposits, subject to 60-daTt
sight drafts, at Bank of England rate, and
one-percent below that rate subject to

London.

North America,

No. S2
Buy and

liOIVDOlV.
Solicit accounts and agencies of Banks, Railways

Loans on the London Market, acts as Agent for

Agents.

AGENOY OF THE
British

62 Gresham House, E, C,

(Limited.)

Bank of New York, N. B. A.
NBW YORK—The
Agency buys and sells Sterling

Co.,

Neirotiale Railway, State and City Loans.

BANK BVIIiDINGS

No. 4

&

Heinemann

Railway Share Trust Co.

$1,375,000

Beserre,

CO.

(LIMITBD).

$5,725,000 Paid Up.

•

&.

Ifork

THE

OF CANADA.
-

New

28 State Street, Boston, Masa.

;

ondon Office,

Cokhespondents,

BROTHERS

18 IPall Street,

:

It

FOREIOIV.

;

General Manager.

XUI.

W.ovtiQn gawlis atiA p^aufeetB.

©attajftiati atua

CAPITAIi,
SUKPL,US,

[Vol.

of

Em-

metsburg, Iowa, incorporated with a paid-up capital
of S.'SOOiOUO, with branches at Huron and .Mitchell,

Mortgage Farm Loans in Iowa,
Minn., Dakota, and Neb., both Principal and InterGuaranteed, AI so 6 per cent Debenture Bonds
(obligations of the Company), running 10 years, secured by Mortgage loans deposited with the l>ierUaliota. offer first

est

It also issues Demand
Certiflcates of Deposit at 6 per cent interest. Writs

cnnlile Trust Co., N. V.

for pamphlet and references

llome omce, Emnietsbure, Iowa.
130 Nassau SU, N. Y.

E. 8. Ormsby, Pres.,

^uttXau ^aUs.

STOCKS

and

BONDS

At Auction.
The Undersigned hold

SAXES

KEGULAR AUCTIOH

of all classea of

BONDS,
STOCKS AND
ON

WEDNESDAYS AND 8ATUKDAYB.
NEW YORK CORRESPONDENTS:
ADRIAN H. MIJEL,ER & SON,
Messrs. KNAUTH. NACHOD & KiJHNE
No. 12 PINE STREET, NEW YORK.

'Bank of Australasia,
(Incorporated by Royal Charter, 1835.)
St., London,, dugland

4 Threadueedle
Paid-up Capital,
Reserve Fund,

------ £1,6(0,000

£780,000
Letters of Credit and Drafts Issued on any of the
numerous branches of the Bank throughout Australia and New Zealand.
Bills negotiated or sent for collection.
Telegraphic transfers made.
Deposits received in London at interest for fixed
periods, or for transfer to the colonies on terms
which may be ascertained on application.

VKIDEAUX

SBLBY,|8ecretiUT.

EQtITTABT.B Btni.mNO

William

W.

)

Porter,

Attorney and Counsellor at Law
No. G23 WALNUT STREET,
PUUadelphla, Fa.
Corporation, Transportation and Commercial Law.
RKrERKNCEs:-The Trust Companies, The Nationa
Banks and Railroad Companies In Philadelpma, and
he Judges of any of the Courts.

:

:

THE (IHRONICLE.

1886.]

Ju.N-E 5,

:

:

SipeciVLl "gnvtstmtutB.

^tnaujcial.

REORCiANIZATION

H. L. Grant,
No. 14S BROADIVAV,
NKW

'giunncinX.

Safe Six Per Cents.

OF TUB

Philadelphia

YOllK.

&

Januarj and

Paid

Interest

Jnljr*

Reading

CITY RAILROAD STOCKS k BOiNUS
Central KR. & Kankinv Co. ofUeorgia
RAILROAD COMPANY.
BOUOUT ANU SOl.D.
A road that has never dnfaultod on an obllgatloD
The Reconstruction Trustees of tho rbiladolphla
Sm Qnotatlona of Cllr lUllroada In thl« pap«r.
& Reftdlng llAllroad I'oiupany reqneit tho creditors and earns, an well km payK. dlvl<len'lM on Its st'jck.

E.

And shareholders to deposit tbelr genorni mortKoge
bonds with Messrs. Droxel A Oo» and their other securities with Messrs. Krown Brothers h Co., undor
the terms of the plan of reorsanlsaMon, of which

Bailey

S.

PINK STREKT.

51a

DKALISOS IN

INSURANCE STOCKS

copies can be had upon application a& their resp'otIve banking housos and at the Qtn^ntoo Trust &

A SPECIALTY.

Safe Deposit Company.
Under the plan the bolder of each $1,000 six per
General Mortgage Bond, with overdue coupons, ae*
positing the smuo, will receive from Drexet A Co. a
certlDcato entitling him to four per cent Interest fo^
three year8,or until reorganization If sooner effected
and upon reorganization to a four per cent new general mortgage bond for $1,000 and $480 of preferred
stock— the holder of each seven per cent bond to
receive $30 additional preferred stock.
Income Mortgage and OsnesrtiMs AdJxutTMnt Scrip-

Cash pahl at once for tho above securlttea ; or they
wtU b« sold on commiBslon at seller's option.

Atlanta ic Cbarlotte A. L. R*r Bond*,
Bleiuplils&Cbarlefiton KK. Bond*,
Kleiupbis &, Little Rock RR. Bond*,
Carolina Central RR. Bonds,
North Carolina State 6i>,
Blrmluslinni City, Ala., 7a,

And mscollaneou* Securities,
BOUGHT AND
R. A.

Bjr

holders,

Pay—lO per cent cash assessment.

SOl.D

LANCASTER

dc

CO.,

10 tVall Stree t.

rOK SILK— STOCKS BY
Wiiitringham, 30 Pine St., N, ¥.
Note Telephone Call "232 "John." '""
"
"
Sbs.
INSURANCE.
INSIK.\NCE

J. P.

—

8hs.
80 .\nierlcan.
C'ltliens'.

Continental.
10 Kmpire City,
25 lliime.
20 LonK l.^land.
60 Mercantile.

CITYRR.

8h8.

1'.^

ft

100 Broadway & 7th Ave.
lOO Central Orosstown.
85 Cent. P.N. & B. RlT.
10 Kighth Avenue.
35 4,'3 St. & Grand St. V.
150 4<!(1 Sl.Jliinh'v. & St.N.

Merchants'

» People's,

^c

Interjcsty ptuid^itds^

OF ST. PACI. Oc OULUTH
OFFICE
1880.
KAILKOADCO.. ST. Pai'L. Minn.. May
12.

Tho annual meeting of the stockholders of the St.
Paul & DulutU Railroad Company, for the election
of directors and ihe consideration of theadvlsaoility
of a temporary chanKC in the application of the net
Int-Lme of the coiupanv, also the matter of reducing
grade:*, buildina new bhops. enlar^inK St. Paul terminals, building line and t-ecuring terminals In Minneapolis, building line to Minnesota Transfer, building new fencing along the railroad line, and such
other business as may be brougLt before the meeting, will be held at ihe oCBce of the Company, In the
City of St. Paul, Minn, on Monday. June 21, 1886.
The transfer books will be
at 18 o'clock noon.
closed at 3 o'clock I*. M.. on Saturday. May 15, 1880,

and reopen on Thursday. June

'44,

1886.

PUILIPS. HAltKlS.

Secretary.

^iuattclal.

THE LYONS & CAMPBELL.
RANCH & CATTLE CO.
First Mortgage 8 Per Cent Gold

DUB

Bonds

1915,

Interest Payable January and July.
This Company, located in New Mexico, possesses
6,000 acres of land in fee, with grazinK and water
rlKhts of 1.500,000 of additional acres, 84 000 bead of
hl^h Krade cattle, 300 head of horses, and a complete
and extensive KOneral equipment.
KAKMEllS' LOAN & TKU8T CO., Trustees.

Real Estate Debentures
6 Per Cent Interest. 10 Tears' Time.

A flrst-class security, made on correct principles
by some of the best mort^aKe companies in the counPrice, par and accrued interest.
try.
Pamphlet
sent on application.
JOHN ROCKWELL,
iiO Naasau Street, ^'ew York.

&

Reed
Duncan Building
BNTRANCH

Flagg,
Ck>r, Nasaau & Pine Sts,

No. 11

IV

^ S.

COPTHALL Court.
LOXDOX. £. C, Ist January, 1886.
11

>
}

WE REG TO AC<IUAINT
YOU THAT
commenced
we have this day

erfU

Banking and Commission

to carry on a gen>
business at the above

address. In co-partnership, under the style of

RliAKE, ROISSEVAIN 6c CO*
Mb. H. J. DeLANOY MEYER will sign for

our

A. A. H. BOISSBVAIN,

HLAKB.

Pay— 15 per cent assessment,
Bective—tl50 Preferred Stock for assessment,
$1,000 Common Stock, with additional stock to
cover coupons.
All unsecured claivis when proven (uhether funded
or floating) get the same recognition as Debenture
Bonds.
'Ihe Old Preferred and Oommon Stock-Pay—$10 per share.
JR«ceive— $10 i*referred Stock for assessment and
$50 Common Stock per share.
Deferred Income Hands-—
Pay -2^ per cent asaeepinent.
Receive— tS^ PreferreAgtock for assessment and
for each $t.000 bond vBOO Common Stock.
Certiflcates of Oeposit negotiable at the Stock Exchange, entitling the holders to the new securities
after reorganization, will be Issued to the depositors.
Sixty days' notice by advertisement will be given of
the time for the payment of the assessments.
Under this plan the annual fixed charges are reduced to $6,971,087, being $954,017 less than the reported net earnings of 1885 ($7,926,303), and secure
to tho holders of the Income Stock an annual advantage of $l,55i».5Tit. to the holders of tho Consolidated
Stock of il,y.s7,4()3. and to the holders of Common
Stock of fl.H7U.y^i*, and the reported averawe net
earnings of the last live years ($9,636,339) would pay a
dividend of five per cent on the Preferred Income and
Consolidated St<.ick, leaving an annual surplus fund
for dividend on C.-mnion Stock of $333,480 90.
To promote the success of the plan an agreement
has been made with a syndicate te advance the expenses and disbursements, and If necessary to pay
the cash assessments.
.1,^
In case reorganization can be effected without, foreclosure, under the present charter. Income Bonds
for
the
substituted
proposed
issues
of
new
may be

roa<I for nalc.

FELIX ALEXANDER,
AOKUKta, UeorKla.

To the Bond and Stockholders of the
Texas & Pacific and the Nevr Orleans
Pacific Rallwayg,
The tiniltTsiuned Committee of Reorganisation
duly appointed to represent all Interests have nnanlmouflly adopted the plan of reorganisation under
foreclosure of all divisional mortgages eontaloed In
the circular this day Issued, and request you to dap<jsll your holdings on or before the lAth day of Jolf,
I8H6, subject thereto, with the Farmers' Loan ft
Trust Company of the City of New Tork, rec^vlng
In exchange niwotlable certiflcates therefor, such
deposit and receipt to be regarded as equivalent to
signing an agreement for reorganisation In accordance with the plan submitted, copies of which plan
and agreement can be had on application at the company's office, No. 195 Broadway, or to the Farmers*
Loan A Trust Company, 20 and 22 William Street,
New York.
At the expiration of the above period, should the
committee have been placed In possession of a controlling interest In tho securities named, it wlU at
once proceed to execute the plan proposed.
Should, hovrever, anv one or more of the Interests
concerned liave failed thus to give the committee
control of their respective securities, those of such
class of securities as have been so deposited will be
returned to the respective depositors upon the return and cancellation of the negotiable certlflcatee
issued therefor, as provided In said agreement.
The c<'mmittee is reluctantly obllued U> designate
a shiirt time for the execution of tbi.'< plan because It
Is advised that a largo portion of the road must be
soon closed to operations unless outside funds are
provided for repairs, and funds cannot be provided
with safety until the success of the plan of reoripanlsatlon he assured.

New

YoHK, May

15. 1886.

J. WIHTA R, Chairman.
L
Tevvis i>IAV.

C. E.

SATTKKI.KE,

n.F. >K\V( 0>IKK,

JOHN 3IAKKOE,

W.

I).

Committee.

WINSOK,

LOU

ItER \VEr«4H,
J.
J. N. HI T< IIINSOX,

To the stockholders of the Texas &
Pacific Railway Company
At a meeting of the Stockholders of THE TEXAS
& PACIFIC RAILWAY COMPANY, held May 18th,

the expression of the meeting was that the reorganization plan now promulgated is an unnecessary sacrifice of your property. A committee of three was
appointed to protect your interests.
We find that It Is inconsistent with the true interests of all bond and stockholders to have any plan
of reorganisation formulated until the true present
possibilities of the property are shown. This has
been impracticable during the short term of the r^
We deem it absolutely necessary to
ceivership.
engage counsel at once, and so have decided to issue
the following petition
IT IS IMPERATIVE at such times as these that
every holder should come forward Individually to
stock.
By order of the Board of Reconstruction Trustees, protect his interest. The trifling amount will recommend the petition to every stockholder.
Chairman.
B.
We. the undersigned, Stockholders in TUB TEXAS
TIIK
& PACIFIC RAILWAY COMPANY, hereby agree
^^
to contribute an amount not to exceed flfteen cents
RAILROAD COMPANY.
PUILADBLPUIA,
a share, as against the shares set opposite our res12, 1889.
At a meeting of the Board of Dlrecto'. held this pective names, taward defraying the expenses Incurred in protecting our interests as stockholders
day, the following resolution was adopted
and further agree to pay FIVE CENTS a share as
Resolved, That for the purpose of providing the
necessary capital for construction and equipment theflrst instalment on account of the above Immethe
year
1866
dnring
on
the
diately, subject to the order of the committee ap
main
and
expenditures
pointed May 18, 1S86.
leased lines and branches, and for the completion
The petition is In the hands of the Chairman of the
and extension of new and auxiliary tinea, the cost
Committee, M. Burr. Jr., 58 New Street, where parof which Is estimated as follows
Pennsylvania
Railties desirous of protecting themselves can sign the
Construction work,
road, branches and leased lines
$600,000 00
M. BURR, Jr., Chairman.
same.
Real estate. I'ennsylvanla Railroad,
P.J. GOOUHART,
branches and leased lines
400,000 00
JOHN BLOODGOOD,
Locomotive engines, passenger equipCammlttee.
ment, &c
800,000 00
New construction on branch and auxoperation
iliary lines now in
700.000 60
And for new branch and auxiliary lines

GARRETT,

JOHN

rjFFICE OF

PENNSYI.VANIA

Mw

^

under construction

will

November

1st,

18«6, certificates of new slock
receipts.

wtU be delivered upon surrender of tho

JOHN

D.

TAYLOR.

&

Co.,

B

HIL.1.8 WANTED, and
C10NFEDEKATK
Southern War Money. In small or large qaan
votlier

titles.

NUMISMATI ST, Box 2830, St.
BSTABLISIIKI)

Paul.

Mlno

1SB6.

Engrene 11. Cole,
STATIONER AND PRINTER.

-

be reoulred prior to July Ist, 1886.
for which receipts will be given. Ijearing interest at
the rate of four |)cr cent per aninnn from tl»^' liato
of payment until November 1st, lMf**l. at which time
said receipts will cea^e to bear interest. On and
after

Kustis

A N K BBa.
CINCINNATI. OHIO.

1,500,000 00

Aggregate
$4,000.000 00
the privilege be given to the shareholders of the
Company of subscribing at par, between tne fifteenth
and thirtieth days of June, 1886, for four percent
of their respective holdings as they stand registered
on Wednesday, May 12th Instant. Shareholders entitled to a fraction of a share may subscribe for a
full share. The privilege of subscribing may bo sold
by any shareholder, and blank forms for such purpose will be furnished on application to the Treas-

Payments

STANTON BLAKB.
B.

ConvertUI)le 7a
Iron Co.

urer.

firm by procuratti^n.

r

<fc

iwith
and Consolidated Stock In
same proportions equal to
matured coupons.
and Ikbenturta of RaUroadand Coal

WIM.

George

PINK 8TREBT,

ROKKR8 AND SEALERS

BO

Stock.
Fives CoiiMls. 7d Series—
Pay— lb per cent assessment.
Receive— tl^O Preferred Stock for assessment.
additional Common

2S Phcnll.
20 Sterling,

& American Exchange.
8(1

Receive— fiOO Preferred Stock for assessment and
$1,000 (with such addition as equals matured
coupons at reorKaiiizatlon) of Income Stock.
Fives Congou, Ut SfrUs^
Pov— 10 per centius-sesament.
mceive—ilOO Pr<ifrred Stock for assessment,
$1,000 f with such addition as equals the matured
coupons at reorganliatlon) of Consolidated

Also Stock of the above

Treasurer.

Supplies Banks. Banker,, Stock Broken and Corporations with complete oatlta of Aooooat Books and
Stationery.
IM- New eonoems omnliliia wlU have thair orOtn

promptly executed.

No. 1

WIELIAIH STREET,
(UANOVBR SQUARBJ

:

:

:

THE CHRONICLE

Tl

[Vol. XLII-

^tiianirlal.

2^itt^iicial.

American Investors'
SECURITY COMPANY,
New

No. 6 Wall Street (Scliermerhorn Building),
ROOMS

36

AND

York.

37.

DIRECTORS
LOGAN

MURBAY,

C.

President Uiiited States Nat'l Bank,
J.

Ex-President

New York Produce
LEVI M. BATES,

Late ot Bates, Reed

NICHOLAS

C.

&

CHARLES

MILLER,

Com Exobauge Na,t'l
BASTUS
ik

8.

SIIWMONS,

New York Stock
SPRAGUE,

Excliange.

President Sprague National Bank, Brooklyn.

New

WRIGHT,

B.

Ex-Presideuii Northern PaclBc Railroad.

Cooley.

WtNTHKOP

York.

DELL NOBLITT,

Of KnevaU

EDWARD

Ex-President

N. T.

Excliauge.

President Board of Underwriters,
Pres't

J.

New Tork.

HOBAHT HEKRICK.

New

Bank, Philadelpliia.

BANSOM,

Kauioin, Attorneys at Law, N.Y.

CUNNINGHAM,
& PhUa.

B.

Of WintUroj) Cunnlnguam & Sous, N.Y.
W. B. MURDOCH,
Of

Collls

York.

CHARLES H. T. COLLIS,
& Levy, Bankers, New York &

Phila.

This Company is organized for the purpose of examining and reporting upon Issues of bonds
stocks of American incorporated companies, so as to adv.sc tire investing public as to the
cbaracter of tire security offered. It will issue written reports of the results of its examinations,
wMch will be made la tUe moat tlrorougb and searcliittg manner. These reports, being the result
of Impartial inciuiry made by well-known gentlemen, cannot fail to be of great service to the
investor and of great help to the corporation seeking financial aid. The charge for the Company's services will in each case be borne by the party for whom tire report is made. The report
win be the exclusive property of the client. The Uompany further proposes to furnish information as to tire standiirg of all secirrities to such persons as desire iirformation in regard to them
before Investing. It will r.et as trustee of corporation mortgages aud us financial agents for the
payment of interest and dividends, and as transfer agents. It will also act a.s the representative
of foreign bond aird shareholders in Arrrerican corporations, serving as their accredited attorney
at corporate meetings, keeping them advised of the condition and prospects of their propertie.«,
and if desired will take steps to protect their interests in eases of corporate foreclosures or
reorganizations and other proceedings.

»nd

East Tennessee Virginia

&

Georgia RR..
^OTICE.

Agreeably to Section Third of the agreement of
reorganization of the BAST TENNB-SEE VIR-

GINIA & GEORGIA RAILROAD COMPANY,
notice

is hereby given to the holders of the C;ntra 1
Trust Company certificates Issued in lieu of East
Tennessee Virginia & Georgia Ceasol. Bonds, Cincinnati & Ge rgia Provisional Bonds and East Tennessee Virginia & Georgia Bebentures, and th»
overdue coupons thereon, that there will be a meeting at the offlce of the Central Trust Company ON
THE SOTH DAY OF JUNE, 1886, at 12 o'clock noon,
to designate the first Board of Directors of the new

company, said Board to consist of fifteen (15) lu
number.
The polls will be open from 12 o'clock noon to 3
o'clock P. M.
The transfer books of said certificates will be closed
on June 21, 1886.
By order of the Committee.

F. P. OL.COTT, Ohaimian.
Neav York, June S, 1888.

THE COMMITTEE FOK THE KEOKGANIZATION OF THE

New

Buffalo

Philadelphia

York

&

RR. Co.

beg to announce that over fifteen millions of bonds
have been deposited, and hereby given tice that the
time within which the bondholders and stockholders
of the Buffalo New York & Philadelphia Railroad
parlies to the reorganization
1886, has been extended to
16. After that date securities will only be received upon terms to be fixed and announced by the

Company may become
agreement ot Feb.

15,

JUNE

committee.
By order of the committee.

A.

MARCUS,

Secretary.

OFFICERS

CHARL,ES H.
liOGAlV

MURRAY,

C.

T.

Trea§.

COLLIS, PrcMdcnt.

HE.\RY

of the Pnrch.asing: Committee of
the Wabash St Louis & PaciHc

To

the holders of the followiDg issues of bonds,

Toledo & Illinois, Luke Krie. Wabash & St
liOuia, Great Western of 1859, Quincy & Toledo
llltnois & So. Iowa and Decafur & E. St. Louis tirst
mortgages Toledo & Wabash, Wabash & Western
and Great Western of 1859 second mortgages
Chicago Division first mortgiige; Toledo Wabasn &
Western consolidated sinking fund Wabash Kaliway mortgage 7 per cent of ISTU: Hannibal & Naples
first mortgage
Wabash Railway funded debt bonds

Ti2.:

;

;

;

and scrip—

The undersigned,

a committee under the bondholders' agreement of July 15, iH85, have purchased
the lines of the company, subject to all prior liens.
reorganization under this agreement will relieve
the property from a fl.\ed charge for interest upon
twenty-seven million dollars of junior bonded debt,
and from a large amount fur rental of unprofitable
lines, and will also provide, by contributions from
Such junior bonds and from sale of the new stock,
or the payment of the existing Receivers' indebtedness.
The holders of bonds secured by the senior mort?:ages are now asked to assent to a reasonable adostraent of their interest claims, necessary to make
their own security undoubted and just to tire holders of junior securities and stock who have made the
large concessions and cash contributions mentioned.
The proposal leaves the holders of senior bonds In
possession of all their present security, and will enable the reorganized company shortly to resume in-

A

payments on

all such bonds and promptly to
fixed charges in the future.
Books for the sisnatures of the bondholders are
now open at the offlce of the committee. No. 195
Broadway, where also pamphlets can be obtained
£iving lull details of the proposed adjustment and

terest

meet ad

the reasons which make

necessary.
K. .TOY,
1

JAMKS

it

H. HUBBAllD,
Purchasing
EDUAlt T. WBLLK3, f Committee.
T.

New

I

O. D. ASHLEY,
Tork, June 1, 1880.

J

Investment Securities
BOUGHT AND

WANTED
"Bdoto Yalley Bonds,

SOLD.

Memphis &

Little

^I,BEBT

Per Cent Bond
WATLRING JULY 1,

Secured by Deposit of Morleages
on Real Estate,

FOK SALE BY
MORTON, BLISS &

1886.

The State of Georgia having sold bonds to pay her
obliEatlons maturing In lS8n, this is to notlf v holders
of Georgia bonds maturing July 1 next, that 1 will
pay the principal of said bonds upon presentation of
same, either at the Treasury in Atlanta, Ga., or at
the
NATIONAL
In the city of
New York. Coupons attached to said Ijonds will be
paid at maturity.

FOURTH

28

May 20,

Avenue

HOTEL,

HARDEMAN,

Treasurer of Georgia.

Madison Square,

1888.

HITCHCOCK, DAR LING & CO.

John Q. moorb, W. k.

$100,000 State of Georgia 4 l-2s, 191-5.
8100,000 St. Paul aiinn. Sc Man. Gold 2d
68,
St.

Cin.

Ham.

•&

2d 7s> 1898.
Indiauap, (Guar C. H.

Moore

<& Chic.

D.

72 Wall

&

Chesap. iSk Ohio Purchase Money Gold Cs,
1898.
Chicago i& East. III. Ist %», 1907.
Chicago
Grand Trunk 1st Gold 6s, 1900
Gl-and Rapids <& Ind. 3d 3s, 1021.

&

SteiibeuTille &. Ind. (Pitts. Cin.

& St. L.) 1st

I.

ITORK.

Connected with
& Co Boston.

A. BVANS

Phila. E. L. Brewster & Co.. Chicajrg.
Udbbard & Kabmer, Hartf a.
Private Wire Counecttons.
and sell Stocks, Bonds and Miscellaneous Se-

114 So. 8d

U18 F

Tomah (Guar, Cbic. An, Northwest.)
I8t6s, 1903.
C'oliiinbus i& Indianap. Cent. 1st 7s, 1004.

St.,
St.,

N. y.

soHurr.

Schley,

BROAD STREET, NEW

Branch Officks
ifc

Q. B.

KaicHiiN.

&

BANKERS AND BROKERS,

26

IstTs, 1903.
Cblc.

KEW TORK.

The Largest Best Appointed and Most Liberally
Managed Hotel in the City, with the Most Central
and Delightful Location.

June Investments.
1909.
lionis Jack.

CO.,

NASSAU STREET.

Fifth

BANK

B. U.
Atlanta, Ga.,

& Trust Co.,

Iowa Loan

State of Georgia Seven

1890.
City of Chicago

all issues.

Bock

GOLD DEREIVTURE BO.WS
Sec'j.

Buy

St.,

Wash'a.

on New York Exchanges, also (Iram ana
Provisions on Chicago Board of Trade.

curities

&

Spencer Trask
Bankers^

Co.,

Nos. 16 AND 18 Broad Street,

Iransact a General Banking Biisinesi

7s,

t

Southern Central Ists.
Toledo Ann Arbor & North Michigan
Indianapolis & Vincennes Ists.

WALLACE,

TO HOLDERS OF

•Ofllce

Railway Company,
195 BROADWAY, NEW YORK.

E,

Ists.

.St.

Liouis

1890

Gold

CHAS.

Ists.

E. HACBFIELD,
No. fii* Fine Street,

78,

to

1898.

1887 to 1905.
City of Cincinnati 7 3-108, 1902 to 1906.
C y fc

18

6s,

T. lYING,
WALL STBEKT, MEW YOKK.

Branch Offices:
Omineeted by Private Wiret.

PhUadelpUa, 133 South Third

Street.

Alhany, N. Y., 65 State Street.
Providence, R. I., 13 Westminster St,
Saratoga, N. Y,, Grand Cnion Hotelr

—

xtmtk
HUNT'S MERCHANTS' MAGAZINE.
.JSPRESENTTNO THE INDUSTRIAL

VOL.

AND COMMERCIAL INTERESTS OP THE UNITED STATES

SATURDAY, JUNE

42.

CONTENTS

origin at tb
in the

THE CHRONICLE.
67:» United SittfS TreaeniT StatcOlearlnK-Hoase KetnrDg
uicnt
674.1
The FhiaHolal Situation
6S1
TIib Debt Statement for May,
Tbp Si imtc 1111(1 ilic Northern
Paiilli' LaiKUJiiiiit
676
1886
681
Monetary and Commercial
Cotton C'oiihimiptioii iinrt OverEiiKllsn New.1
681
laud Miniiimiit toJuiiDl... 67'
079 Commercial and Mlsccllaneoua
Fliinnilul Kf.vlew ..f May

two

NO.

1886.

5,
it

1,093.

city $335,110,466 and $240,053,887 respectively^
again of 39'6 per cent.

years, or

I

Wuk

BnMitQ

May

|

1888.

1886,

S>9.

Per

OmU

Wttk BfUHnt

Maya.

1886.

Percent

|

|

Newg

683

»693,840,46»

%hc

Clxvcrnicle.

Neil)

<Seoe*»....»)i<irM.)

(

Bat«rt<it at the Post Oltloe. Nevr Vork, N,Y,, as second claHB mall matter.)

Tonus of Sahserlptlon— Payable in Advance:
For One Voir (Including postage)
For Six Mouths
do

$10 20
6 10
11 28

Kuropeaa.Sui>»oi4f>M<m(laolufUnf? postage)
Annual siilMcripClou In London (liioludins postage)
£2
Six .Hoa.
do
do
do
*1
The,%6 pric<« Include the I."«rR9TOR9' Suphlkmejjt, Isincrt once
moiitlia, and farnlslied without extra charge to subscribers

7s,
8s.

in two
of the

Chro.-jici,e,
Suii^oriiitions will be oontinned until deflnitely ordered stopped. The
publiHliers cannot bo rcjinousible for remittances unless made by Dralts
or Post Olllco Mone.v Ord.'rs.
neat tlU' cover is fiifiilsheJ at ,'50 cents; postage on the same is 18
oents. Volumes bound for subscribers at $1 00.

B. OANA A Co., Publishers
81 William Street, fiEW YORK.
POST OFflCE Box 0.l8.

WILLIA.n
79

,fc

CLEARING HOUSE RETURNS.
The bank exchanges
pretty large increase

an impetus to trade which is felt now
Another influence acting adversely
to the present year in comparison with 1885 is the lower
range of values in many commodities as, for instance, wheat,
which in May last year was quoted in New York at $1 00 in
elevator, is now only 84 cents, corn likewise showing a
material decline in price and the same may be said of cotton
of cltwiiivp,

(+300)

(66,636,000)

(+14»>

»76,789,894
4,406,800

+89-5

1,3:0,683
l,122,'!e6

-S-9
+6-6

1,137,618

+«7H
+19-8

+40-5

848,625
811,988
464,516

(1,116,987.

f+11>

(4H9,.300j

I+12T2)-

(87.908.000)

(I-8S-0

(P«(n){«i»n..l>M>.)

(47,513.000)

(36,558,000)

ProTtdenoe
Hartford

I72.S42.242
3.697.700
l,aS0,373

146,152,129
2,690,400

New Haren

1.005.771

803.118
747,927
712,851
444,7.6

908,740
893,006
605,912
521.161
816,497

181.691,698

(53,010,966

+ 511

180.928.071

+88-»

138,523,4.35

131,627,819

+181

6,282.S(i2

+22-2
-6-4

52,101,563

5,8S3,S50

8,003,080

10,558,093

11,508,040

-83

11,241,019

+7-8
+8-7

t54,9D4,878

149,318,241

+ 11-4

$71,348,602

+11*

144,713,318
8,787,800

134.897 ,6;»
6,71«,S30
2,722,196
1,883,925
820,837
1.502,958
1,099,207
630,938
1,885,255

+281
+ 80 5

J47,357,0U1
9,303,660

+10-»

3,228,408
2,K5 4,959

+16*7
+19-9

Portland
Worceatar

UiweU
Total N. BnKland

Pmiadelphla
Plttaburg
Baltlmora

Total Middle....

S,3.S3,448

.Vlllmiakee

2,568,546
lailbiiMpdit*

1,038,846

Cloreland

1,983,368
1,693,837

762,984
8,432,699
8,192,276

PMirUi
Deriver*

—

volume

(+l»l-6)
(+42-8)
(+91-01

(211,300)
(8!),451,7001

but the improvement sfems to be entirely due to much heavier Total Western...
stock operations at New York. The exhibit is, however, a at. Lools..favorable one, as it appears to denote that notwithstanaing 3t, Joseph
NMrOneaha
the near approach of summer a period when general mer- Lonlarllla
KannaCttj
cantile affairs are usually less active than at other times
business does not evidence any important falling off. It is Memiitaa
aalTotton*
also to be kept in mind that during the fall and winter
Total Southern..
months, and to some extent in the spring, the movement of
SanTranolsoo
the various crops to market contributes largely to swell the
in a very small d.

(878,1491

(301,300)
(65,2711.000)

Colnmbas

week ended May 29 record a
over the total for the week preceding,
for the

(1,941,788)

.balu.)

. .

A

triLMAM B. DV.VA
jonN a. FLoru.

t804,8»«,S!2

(GTO<tl...6tMl>«(«)

published in

York every Saturday morning.

+ 70

+72-8

SalMO/(.Oolton.

The Gommbrcivl and Financial Chronicle m

$»15,S17,887

1,121,121

+678
+874
+231
+173
+168
+23 4
+368

+24-3

+ 38-3
+29-0

1,0,88,945

+308

2,099,918

+51-2
+19'3
+83-1

+ll-'7

+8-»

+4*

+'4''S

-0*

1,(167.389

+16T
+33*

774.821

+24-9-

3.180.103

+6S'a

3,022,075

l8S,S34,fl21

»52,158,032

+31-1

»71,541,2ea

+18*

15.654.936

$12,932,460
744,181

+21'1
+12 6
+»»-2

118,848,882
911.685
6.333.650

+ S3-4

8,503,176

405

4.019.430

+4-»

4,424,969

6.31(0.278

+41-8

958,191

+22-3
+44-4

1.231.647

+88-^

127,183.309

+ 21-4

»38,4S6.078

its-

837.750
6.138.831
3.519,593
6.410,339
l,37iS,»58

4,573,800

721,797
$32,937,448

932,004

4«^
-l*

:-

112,124,468

110,667,410

+13 7

110,599,370

+»«

all

1845,718,378

I637,«03.813

+073

«77S,175,189

+10»

OdMUe New Tork

|250.u;6,ir2

1192.286,958

+301

»i473,S60,3<)7

+1#6-

Total

j^ree.

;

*

Not Included

In total.

Oar usual telegraphic returns ot exchanges for the five days
this evening, and are given below. Tlie

have been received

is a very favorable one, for, notwithstandin.g tha fact
that the figures for the present year at three of the cities,

exhibit

;

viz., New York, Boston and Chicago, cover only four days
,
and petroleum.
In our tabli' the aggregate exchanges contrasted with last there is a gain in the aggregate over the preceding five days
year exhibit the very large increase of 57-3 per cent but this of about $5,000,000. Contrasted with 1885 there is an increa»
large excess do* s not show the true situation, for although in in the whole country of 12'7 per cent.
the Southern seciion and Baltimore the figures cover six days
tim Day$EiiMag Juiu 4,
6 lyvBtuftMayV.
in both years, and at Philadelphia five days in both years,
1888.
188S,
Per Cent.
P»r<m*
the returns for New York and the New England division,
New Tor*
+43-5
+18-7
$478,929,408
$403,879,709
$496,494,382
and for many cities in the West are for six days this year Sola of Stock (ake.)
(1,230,465)
(728,957) (+63 8)
(1,856,489) l+'.U-4)
+»•»
+81-8
611,732,458
60,S57,653
and five in 1885. No true comparison is therefore presented Boston.
69,226,040
+6-4
80,174,411
47,148,973
88.623.486
+«»8
by the figures as they stand, but making a fair allowance for PblbuMphia..
Baltimore
+19-6
-»1
11,970,079
8,72«.&28
10,010,768
the difference mentioned, there would still appear to be a Chlda«to
-14-6
+8-8
47,000,000
38,933.000
64.996.000
8t.Loiila
+2-5
12,668,820
12,860,866
1«,M8,I60
+t8-S
margin in favor of 188G of about 36 per cent, against 108 per
New Orleans...
+37-9
+«-»
6,403,234
8,917.639
4.808,406
cent on May 22.
~+3?7
Total
ie5l<.606.64(*
$686,878,4^ $691,038,976 +128
As stated before, there has been more activity to speculation Balance, Countrj*
+10-6
61,371,239
46,448,725
64,781,906
+211
on the Ncw York Stock Exchange. The value of the share
+18-7
Total all
$718,249.687 $837.482.700
$718,387.604
+8eF4
sales during tlie week reached $130,265,000, against $52,632,Outside New Tork $289,320,231 t234.10a,991 ~T22~
"mTthSSiS*
000 for^the five days of 1885, leaving the exchanges of other
IsUmatad on the basis of the last woeUj return.
;

.

THE CHRONICLE.

674

[Vol. XLII.

by long sterling. Yesterday the market was easier,
and the rates were marked down a half cent. Commercial
bills have been in a little better supply, owing to the com-

plied

THE FINANCIAL SITUATION.

There has been a tendency towards ease in money this
week. Some bankers attribute it to a temporary check paratively free movement of breadstufEs and of cotton.
or hitch in the development of enterprise, following the The movement of wheat from the United States in May
radical or less conservative action of the labor organization must have been considerably larger than in April (fully 20
Anything looking like or even per cent we should think), while cotton exports in that
in session at Cleveland.

the chaotic condition month were 294,000 bales this year, against 115,000 bales
which we have just emerged, would nat- in 1885. As we must also have sent out about 8 millions of
urally send a chill through our sensitive industrial organi- gold in May, it does not seem as if there could be at presBut it does not seem probable that the old ent any legitimate demand for further shipments of that
zation.
its folly was proved too plainly metal.
struggle can be renewed
At all events the only movement reported this
permit
repetition, except after week has been $502,478 71, shipped on Tuesday, and
to
widely
and seen too
that
a considerable interval. And in the meantime, lack of was withdrawn last Saturday because of the holiday on
conservatism is much more likely to cripple and finally Monday. The cable reports bar silver down again to
44f d

suggesting a possible return of
of labor from

;

destroy the organization

May

itself.

per ounce,

not the inclination to increased ease in

money rather gold

notwithstanding

mono-metallists

all

the

the prophecies

of the

amusbe traced to government disbursements and a flow of ing to see it stated once more that the cause of the
money to this centre from the interior. From our returns, decline is, that the English Government's offerings of India
we are led to suppose that the statement of the banks to be council bills are in excess of the demand. Of course but
to

contrary.

It

is

—

show considerable gains in reserves. Still why ? Because simply that the ordinary demand for
said,
that
the changes in tone and rates of the remittance
it is to be
is
being
all
the
time satisfied by
money market have been quite material and sudden. At the the
of
silver
quantity
that
is
being
poured
Stock Exchange, bankers' balances have only averaged into India. Here is the statement we published on the
1\ against 2f per cent last week, and banks while asking 22d of May for the first eleven months of India's fiscal
3 per cent have been very willing to take 2| per cent- year.
We may have one month later figures next week,
On stock collateral the best bid has been 3^ per cent to but the old ones are instructive enough to give again.
the end of the year; probably with the privilege of We turn rupees into pounds sterling at the rate of ten
renewal added, 4 per cent and possibly 4^ per cent would rupees to the pound.
have been paid. Commercial paper is without change,
Eleven months eM-ins March 1—
and the market is not as well supplied as usual, for the
Slh VE R—INDIA
1884.
1885.
1836.
reason that the derangement to business caused by the
£3,(158,798
je8,18S,427
£10,930,595
labor troubles prevented the making of commission house
938,716
1,721,750
770,861
Net imports 11 months
JM,701,082
£8,441,677
£10,17i),734
paper in May, which is the best month of the first half of
issued to-day will

.

I

1

has been expected that the

According

which are usually presented in that month would
Should the supply be as large as customary,
it is believed now that it will all be promptly absorbed,
for the banks it is thought are prepared to buy liberally.
A special cable to ourselves states that of the £94,000
bullion gained this week by the Bank of England, £55,000
came from abroad from miscellaneous sources (none of it
from France) and the remainder £39,000 came from the
The state of trade in England
interior of Great Britain.
is pretty clearly indicated by the condition of money in

of silver for

London

year ago that the situation of

among

the year

dealers;

it

offerings

come

in June.

;

for although the Bank's proportion of reserve to

down to 36 11-16 per cent and the ofiicial
Bank minimum is up to 3 per cent, the cable reports.dia

liabilities

is

to foregoing, Iniia's trade absorbed £4,704,082

the eleven months ending March 1, 1884,
whereas for the same period to March 1, 1886, the net
receipts at all India ports

were £10,179,734.

In the mean-

time the exports of merchandise from India have fallen
ofi to

a small extent, making the balance of trade in her

it was either of the two previous years.
In this connection, the continued strength and independent condition of the United States Treasury Depart-

favor smaller than

ment, according to
week,

is

its first

June statements issued this
It was only about a
the Government was causing

of

a very reassuring feature.

the greatest anxiety; and when, after the opening of the
fiscal

year,

it

new

became apparent that Mr. Manning's man-

agement had not only stopped the depletion of his gold
reserve, but had actually reversed the current, giving the
a change from a
of trade, the rate in the open market continues a fraction Government full control of the market
above the London rate, varying from If to 1^ per cent. state of threatened repudiation to one of complete security
it is no surprise that our people should have lost their
It is announced from Berlin that a syndicate has arranged
for the conversion of the Russian loans of 1862 and 1877 distrust, and our industries become active again.
Tiiis
(which by reference to the London Economist's Monthly was what permitted the start in business last fall, and
Manual we see are now 5 per cents) into a new 4 per cent permitted its development during the winter and spring,
bond, and that the amount of £33,000,000 will conse- until the labor strikes and labor threats came in, causing
quently be issued. This change ought to require more or anxiety of a different sort, but none the less disturbing,
less preparation and at least a retention at Berlin of the and so stopped enterprise once more.
"We can however
Just now, however, when the labor difficulty has been
gold lately concentrated at that point.
hardly understand the motive for this operation if it is to in great measure removed, the silver threat again becomes
be confined to the proportions stated, and we are iflclined to prominent, having taken on an uglier look through this
counts of 60 day to 3 months

London

at 1^ per

At

cent.

bills in

all

the open market in

the continental centres

—

—

think that the cable has given us but part of the scheme.

The saving

of the small

amount

of interest,

if

£33,000,000

£30,000,000 of

of 4s are^ required to replace the

5s,

is

almost too meagre to pay for the experiment.
Sterling exchange has been firm

all

the

week

until yes-

demand

for

L 5ndon,

and a concurrent large accumulation of gold by the Banks
But fortunately, and thanks to
of France and Germany.
the Treasury Department, financial circles on this side of the
Atlantic

continue to look with the greatest indifference

upon this new phase in the white metal's history. The decline
remittance was sup- is only a foregone and foreknown incident, no concern of

terday, but sight bills remained a fraction below the gold

exporting point, and the

great decline referred to in the price of bullion at

—
I
Junk

THE CHRONICLE.

1886.

5,

decline

ours, except as the
is

a part of

its

for

which

value, but that

underlies

is

a gain rather than a mishap,

m

inoreaMd $948,158,
average per month of
$316,06 2, or 24 per cent, and for April increased $238,383, or a trifle leas than 15 per cent.

qnftiter

their

Philadelphia & Heading is also out with it* statement
meantime the for April, which is of an entirely different character from
and more assured the returns above. There is a decrease (including the

In

issue.

the

growing stronger
In May it increased Coal & Iron Company) of $252,366 in the grots earnings,
every month.
gold and
legal
tender holdings and a coincident increase in expenses of $215,041, making
of
its
having in the Treasury on the first of the loss in net almost half a million dollars in exact

Oorernment

is

position

its

the

any of our

of

price

only makes more conspicuous the lack of principle

it

in

the

in

a loss; of course our stock of dollars also loses

products

676

total

—

$639,725,

June, 1886, $156,304,709

on the

of gold, against

first

During that same

40 million dollars.

of over

compulsory

number

figures

This has occasioned great surprise,
of June, 1885, or an increase during the year especially as the comparison is with a very poor period a

coinage added

silver

$115,810,534

period,

millions to

29^

the

made, but as the Treasury

of our silver dollars

got 13^ million of them into circulation,

its

At

increased 16 millions during the year.

$467,407.

The decrease

year ago.

in the gross is probably explained
by the restriction of coal production
during the month in accordance with the plan of the coal

part at

jn

least

holdings only

combination, and this view

that rate,

statistics

it is

for

the

is sustained
by the traffic
month, showing that the road moved

very easy to see that the Government can continue this only 880,333 tons of coal this year, against 1,018,652 tons
many in April, 1885. As for the increase in expenses, it is

coinage conceit without any serious result a good

— years

years yet

his followers to

enough perhaps for Senator Beck and probpbly safe to assume that the company could not
become wiser if not better men. Hence effect any material saving on the diminished output,

that no anxiety

it is,

is felt

only a kind of satisfied
issue

here about the decline in silver;

feeling

that at

thrown upon Europe, where

is

the whole

last

it

was

raised, for

settlement.

especially as the figures include the operations of the Coal

&

Iron Company, and much of the expense at the mines
presumably the same whether the production is large or
small.
While the company, however, carried much less
IS

Two more

trunk lines have this week made public their coal, it carried decidedly more general freight and also
month of April, the Pennsylvania having more passengers, and this circumstance would tend to
That of the Erie is by far augment expenses on that account. Thus the merchexhibit last week.

returns for the
issued

its

the best of

its

There is a gain of nearly andise tonnage is reported at 909,897 tons this year
$466,933 this year, against only 691,910 tons last year, and the num-

kind yet published.

75 per cent in the net, which reach

against only $269,0 13 in April, 1885. To be sure, April last ber of passengers moved at 2,054,018, against 1,879,After
all,
however, this is but a
year was a particularly bad month, but that does not 532.
partial

make

explanation,
and we
can
only account in
it
full
between the result of the for the remarkable changes in results, on the theory
1885 and those now prevailing that a property operated by a court, through receivers,
on the other hand, owing doubt- must of necessity be at a great disadvantage to one

the improvement this year any the less real, while

shows

very clearly the contrast

conditions prevailing in

The Ohio &

Mississippi,

the interruptions

to

less

a

by the operated directly in the

year

occasioned this

Southwest, reports

the

strikes in

decrease

both

in

is

the

interests of its owners
and this
more apparent when we extend the comparison back
;

of the falling off to 1884, showing how both gross and net earnings have
gave two weeks ago steadily declined in the two years of the receivership.
the results for the first quarter of the year on a
number of leading trunk lines, and as there is considerAprU.
1886.
188S.
1884.
Batlroad Company—
able anxiety to know whether April is maintaining the
t
$
*

and

gross

amount

though the

net,

We

not large in either case.

is

record

established

have thought
three roads

it

the

in

worth

previous three months,

we

QrosB earnings
Operating expenses

bring together

the

Net earnings

while

to

— Pennsylvania, Erie and Ohio

k,

Mississippi

we now have for both of those periods, and the
following is a table made up in this way.
The aggregate
of a number of roads like this has more value than the
whc se

figures

any one single road.

figures of

Orota

Quartfr ended

March

SI.

1886.

'PennsylTania'

&

Mtsslsstppl

Total

Mississippi

Total
*

Net earnings.
1886.

1886.

%

(

7,006,424

3,524,925

t
2,982,172

3.484,888
727.687

1,154.250

770,602

203,840

182,083

16,803,646 15,153,950 11,720,531 11,219,098

4,883,015

3,934,857

854,349

1886.

«
$
9,988,596 7,317.941
4.865,590 3,722,061
909,770'
650,529

of April.

•PennsylTania
Brie

&

Expenses.
1885.

4,878,311

Month

Ohio

1888.

10,872,808

Erte

Ohio

taming.

3.862,617
1,741.356

3,704,880

9,641,753
1,274,423

3,431,942

1,320,864

1,272,948

1,489,012

1.199,999

270,198

288.964

210,328

221,641

486.933
59,870

269.013
67,323

5,874,1711 6,462,8861 4,028,604

3,863.582

l,%Vl.«a',

1,609,284

Eastern Hues.
It will

in the

first

quarter of the year increased

$1,449,590, an average of $483,196 per month, or about

2,343,973
1,398,^56

1,561,612

742,526

961,317

1,304,161

1,0»S,605

1,179,970

1.238,079

1,317,010

1.144.769

1,131,290

35,211

106,T9»

3,523,943
2.537,415

4,093,752
2,682,808

Net earnings
Both Companies.
Gross earnings
Operating expenses

3.271,577
2,752,456

Net earnings
Net 5 mos. of fiscal year to Apr. 30

619,121

988,5*8

3,477,266

3,613,72?

We

notice that Mr.

"peculiar
the fault

is

Gowen

management

of

2.856,673

I

1.410,950

I

4.008,587

ascribes the poor

the coal

trade."

result to

We

think

rather in the company's floundering in a sea

and instead of coming nearer to port
no fault of the receivers) further
Receivers are hampered in every conceivable way.

of financial troubles,

steadily drifting (through
out.

Tney cannot manage the property as if it were their own.
They are simply the hands of the court, and acti ng foi
the court.

thus be seen that the gross earnings of these

three roads

Coal and Iron Company.
Gross earnings
Operating expenses

2,177,972
1,435,446

Their discretion

is

limited.

At

the most they

can do no more than attempt to keep a spark of life
within the corporate body, pending action upon the part

Of course, the price of coal has declined,
have been reduced, and production diminished, but
the main difficulty is as stated.
If this great and valuable
of the creditors.

9^ per cent, and for April they increased $411,305, or
about 1^ per cent that expenses in the three months
increased $501,432, an average of §167,144 per month,

property shall be saved from utter ruin, prompt action

or 4^ per cent, and in April increased $172,922, or like,

necessary.

wise about 4^ per cent

final

;

;

and that net earnings in the

first

tolls

Mr. Gowen

action, as witness

is

his

doing

all

opposition

he can to stave
to

the

is

off

Robinson

—

.

.

THE CHRONICLE.

676
oreclosure suit, where the ownership

the one-tenth

of

A

needful to eSect foreclosure was proved this week.
point has now been reached, however, where much further

fVoi„

The above shows the

actual changes in the

ings of gold and currency caused

from the

by

bank hold-

movement to and
movement the banks

this

In addition to that

interior.

XUI.

The syndicate have gained $2,500,000 through the operations of the SubAdding
square, and is Treasury, and lost $500,000 by exports of gold.
fair
and
have presented a plan which seems
these
and
items
the
above,
we
have
the
following,
which
better,
to
offer
a
able
to
Mr.
Gowen
may
be
workable.
be
should
indicate
the
total
gain
to
the
New
York
Clearing
must
but
he
immediate
favor,
find
does,
it
will
he
if
speedy about it, as mere opposition to the syndicate plan House banks of gold and currency for the week covered
by the bank statement to be issued to-day. It is always
is growing wearisome and monotonous.
The "Wabash road having been sold in foreclosure and to be remembered, however, that the bank statement is
delay

may

involve serious

consequences.

purchased by a committee representing the collateral trust
and general mortgage bondholders, that committee has
this

week

to

issued a circular

the

holders of underlying

a statement of averages for the week, whereas the figures

below should

reflect the condition of the

banks

at the close

Banks.

Net Change in
Bank HrtHinoe,

of business yesterday (Friday.)

mortgages east of the Mississippi asking them to consent
to a reduction in the interest on their bonds to 5 per cent

Week etuUng June

4,

1886.

OiAt of

»278.000
Gain.. tl,137,f)0O
per annum (the most of them bearing 7 per cent now.) Banks' Interior MoTement, as above »1,413,000
8,900,000
Gain 2,000,000
Snb-TreaB. oper. and gold exports.
8,900,000
The new company, they think, must be placed upon a
Gal'l .»3.137.00(>
tl0,315,000
Total KOld and iesral tenders
stable basis by bringing the amount of its obligatory
The Bank of England reports a gain of £94,000 bullion
charges clearly within the limit of its net earnings. To for the week. This represents £55,000 net received from
do this they consider it necessary that the rate of interest abroad and £39,000 drawn from the interior. Tlie Bank of
.

—

'on the senior

mortgages

shall be

in return for this concession

reduced as proposed, and

the principal

of the bonds,

which in most cases falls due within a few years, is to be
extended forty years. Strong arguments are adduced to
show that this is the best course that could be pursued in
Great emphasis is
the interest of aU parties concerned.
keeping
the
property intact.
laid upon the necessity of
It is too clear to need demonstration that with the
property disrupted, and the various pieces in different
perhaps
antagonistic
hands,
much business
and
would be lost to many of the divisions of the
system, diminishing

to

extent the value of

that

the

mortgages on those divisions. Then it is shown that the
deficit in meeting interest occurs exclusively on the lines
east of the Mississippi River, and the reasons for this are
clearly brought out.
There are too many railroads in
that section, and the great trunk lines tap every part of

France shows an increase
175,000 francs

silver,

of 675,000 francs- gold and of

and the Bank of

Germany, since
The following
the principal European

the last report, has gained 2,680,000 marks.
indicates the

amount

of bullion in

banks this week and at the corresponding date
Jime
Bold.

3,

last year.

June

1886.

eoid.

Silver.

4,

1885.
Silver.

»
Bank of England
Bank of Prance
Bank of Oermany

27,072,049
19.785.713
55.709.22<3j45.28S,080 14,163.910 43.077,712
19.890,790 15,752,210 13.807,350 16,97,1,650

Total this week
Total prevlouR week

.

93,385,729 61,040,590 S5,04 3.309 59,953,362
94,193,276 61,970,383 84.186,95*< 59,623,426

TBE SENATE AND THE NORTHERN PACIFIC

LAND GRANT.
We

it,

can scarcely remember a proposition ever before

and how utterly
the Senate with less merits to rejommend it than the land"
were until recently
grant forfeiture amendment of Mr. Van Wyck which
everyone knows. Taking the figures for 1884, the comreceived the support of a majority of the Seuators votingmittee's report shows that in that year the Wabash had a
Whether we view it in its relation to the development of &
larger tonnage mileage than the St. Paul, and that if it
single territory, or in its bearing upon the latent wealth and
could have received the same rate as the St. Paul that is,
resources of the whole United States, or as a question
four and four-tenths of a mill more per ton mile than its
affecting the rights and equities of individuals or of a
own its earnings from freight alone would have been corporation which has been simply spendin.g money for
increased $5,560,678.
Under the higher rates now in years in opening up the land through which the road
force, there has been some improvement in earnings, and
passes without receiving any return for the investment
as compared with 1885 the large gain of $517,000 in the
in whatever light we view it, the Sanators voting for the
net is reported for the first four months of the year, while
amendment have made a record which we should think
for the remaining eight months a gain of $350,000 is
they would be giad to erase.
calculated on (the company having in part of these eight
The bill before the Senate in its original shape provided
months last year received some of the benefits of the Simply
forfeiture of the unearned lands on that

making

their rates the basis of all rates,

demoralized the trunk line

tariffs

—

—

for the

higher trunk line

rates).

Even on

according to the committee's

this

heavy gain, however,

figuring,

the

concession

portion of the
lula

Northern Pacific main line between Wal
There was no objection to

Junction and Portland.

asked

of the underlying
bonds is a necessity.
It
this if the company does not intend to build that part of
urged that it is to the interest of every bondholder
It is now using the track of the Oregon Navigaits line.
that there should be a margin of earnings above the
tion for the whole distance, and one object that Mr. Vilnecessary charges, and further, that under the plan the
lard had in mind in uniting the two companies under one
bonds at 5 per cent would be intrinsically more valuable
management was to avoid the construction on the part of
than at present at 7 per cent.
At present it
the Northern Pacific of this parallel piece.
The following statement, made up from returns colwould be simply ruinous to undertake such a work, and
lected by us, shows the week's receipts and shipments of
though doubtless some time in the future the Northern
gold and currency by the New York banks.
Pacific would build the line if the land grant was continued, yet in view of the fact that the time fixed by Conis also

Witk endinj June

4,

1886.

Cnrrenor
Gold
Total KOld and lesal tenderg

Jiecetvti bu
Shipped btf
N. T. Bank: N. r. Baiila

Stt Inttrior
Movement.

tl.llS.OOC

Ta78,000

G«ln.. 11,137,000

5,000

1878,000

Oaln..»1.137.000

is

already

another line between the

some reason in the
is
earned land contiguous to this piece
there

Jl, 4

and there
same two points,
argument that the un.

gress for the completion of the road has expired,

of

road should no

•]

Jvm
1)0

8,

THE (CHRONICLE.

1886.]

kept in reserve for the company and withheld from the

t)77

of Waflbiogton Territory

and the

Pociflc Coast.

public domain. Thisevidently was the view of Mr. Ed rounds,

ing to Senator Dolph of Oregon, there

and he advocated the passage of the bill in that form.
But the araendments proposed go much further than

road across the Cascade Mountains

The

Ibis.
all

first

amendment

offered,

lands not earned prior to the

4

undertook to forfeit
1879 the

—

ih of July,

is

Accord-

not even a wagon*

in Washington Terriand the people in going from one side of that territory
to the other have to go by the Columbia River and Portland
Oregon, and every bushel of produce raised in Eastern
Washington has likewise to be taken that way. Moretory,

That would
.ave covered the vast bu'k of the company's land grant,
over, the building of the Division is in the interest of
the greater part of the road having been built since that quicker communication and cheaper transportation, and
time: but of course the company would have nothing to consequently is in the interest of the whole country, and
Tlie lands have been certified not the Pacific section alone.
fear from such a measure.
The company is going on
time set for the completion of the road.

road by the proper ofQcers in the proper way, with the work in good faith, and thus earning the grant.
under different administrations, and the attempt to deprive Why then take it from it, especially as the object which
the company of them now, in the manner proposed, one the grant had in view, namely the construction of the
linds it diflicult to attribute to any motive other than the road, is being steadily accomplished.
If the work does
hope ot obtaining political advantage among the most not progress as rapidly as could be wished, that is because
to the

ignorant.
But Mr. ^'an Wyck (Senator from Nebraska) of the natural obstacles in the way, and it should not be
was prevailed upon to withdraw this amendment, and in forgotten that according to the calculations of the road's

thereof

lieu

offered

another,

lands on the piece between

forfeiting

not only

the

land, but also all other unearned lands,

the uncompleted portion cf the Cascade Division, the conatruction of which

is

officials,

made a year

ago, the

tunnel

alone

will

require

two and a half years for its completion. How
including those on inexpedient and wrongful then for Congress to attempt to

Wallula Junction and Port-

being pushed as rapidly as possible. It

amendment that Mr. Edmunds sought to have
him 28 to 23*
25 members not voting.
Now what reason can be urged for forfeiting the lands

isth is latter

tabled and failed, the vote being against

from two

harm

to

the credit of the

company when

it is

in the midst of

the work, incurring enormous expenses and bending all
its

energies to securing

its

early completion.

We

do not think the proposition to alienate the Cascade
Division lands would be entertained for a moment, except

that in the peculiar state of the public mind, which has
Cascade Division, completing the link connecting been fanned into a feeling of enmity against all land-grant
the main line of the road with Puget Sound ? It is on the roads, members of both parties think it to their political
credit of the land chiefly that the Northern Pacific is build- advantage to make these attacks.
In this case the Northing the road. The sole object of Congress in originally ern Pacific is singled out because of the exceptionally large

on

this

secure the completion
of
the aggregate extent of the grant to it, and because the road
to
donating it was
forming another route across the continent. The was not completed within the time specified by law. But
company has gone on with the work against great obsta- why was it not completed within the time limit? Simply bechs, till (barring the Portland Division) the whole system cause the period of depression through which the country was
line,

except this Cascade Division

is

in operation;

and now

passing put such an undertaking out of the question then.

reached, the Senate pro-

Everybody knows how adverse was the financial situation
between 1873 and 1879. Assoon as the outlook began to
To understand the position one must remember that brighten, the work was begun in good earnest and with
this Cascade Division runs through and over the Cascade exceeding vigor, so that within a comparatively short
Mountain ranges, and the work is not only difficult, but period a vast amount of mileage was added to the system.
very tedious and expensive. There is an unfinished gap And what was it that secured the prosecution of the enterover the mountains of about 7£^ miles, and it is on this prise ? Nothing but the grant of land to be received.
An esti- The company may have obtained the equivalent of a "whole
that the company would lose the grant of land.
mate in the last report of the road places the cost of build- empire," as we so often hear it said, but except for that
ing these 75^ miles at $4,071,900, or almost $54,000 per grant of land the line could not have been built.
The
mile.
This is not the cost calculated in bonds or bonds of the road could not have been sold. The syndiBy the terms cate of bankers would not have undertaken to place them.
stock, sold at a discount, but in cash.
company
can
issue bonds It was the prospective value of the lands to be secured as
first
mortgage
the
of its
only at the rate of $25,000 per mile, and a careful cal- the road progressed, that constituted the chief value of the
culation of the amount required for the completion of the mortgage.
whole Division (140^ miles) left $2,399,400 to be pro.
There is in connection with the same subject a great
vided from other sources after the full issue of first deal of talk about protecting the laboring people, but who
mortgage bonds at the rate of $25,000 per mile. That is, has gained more from the building of the roads than these
the proceeds of the first mortgage bonds will fall nearly very laboring people ? If the Northern Pacific had not
2^ million dollars short of meeting the cost of the Division been opened up, a vast section of country now the field of
in full.
Ilence we hazard nothing in saying that without great industrial activity would have remained closed to
the inducement offered by the land grant, the work of settlement and immigration. The Northern Pacific received
building this division would never have been undertaken. a good deal of land, but it received it only in alternate
The return promised on the investment is altogether out sections, and the other sections were, through its conof proportion to the outlay incurred.
Even with that struction, improved in value and rendered accessible to
inducement, there are many who doubt the wisdom of the settlers.
Besides, even the railroad land is sold at very
venture.
Yet now we have certain Senators seriously moderate prices, so that no one intending to take up his
proposing that the company be deprived of the land.
abode in that section need be deterred by that fact Then

when the most

diOicult section

is

poses to forfeit the lands on that part of the

Besides that, the building of this division
sity to the

Northern

Pacific, for the

future, as in the past, use the

line.

is

not a neces-

company can

Oregon Navigation

in the

line

from

Oa

the other hand,

it is

Com-

pare the rates across the continent since the opening of the
Again, what
line with those in force before the opening.

would be the position to-day of such points as Minneapolis
a neceasity to the people and St. Paul without the Northers Pacific 7 The truth.

the Junction at "Wallula to Portland for an outlet to the
Pacific.

consider the effects in cheapening transportation.

-.

.

THE CHRONICLE.

678
is,

.

[Vol. XLII.

everybody was clamoring for the road, and Congress

did not dare to annul

its

Mr.

charter.

Edmunds made

a

good point on Senator Van Wyck, who was so bitter in his
opposition to the Northern Pacific in the debate, when he
contrasted the Nebraska Senator's position in favoring the
building of Union Pacific branches in Nebraska (as proposed

1885-86.

1884-85.

I

1883-84.

Shivmenis inland and Soutliern Spinners' Takings (not otherwise deducted)

_/»

om —

GaJveston
New Orleans
Mobile

236

,

7,537
14,150

Savannah

by Mr. Van Wyck) with that
virtually denying the same boon to

in a bill recently introduced

828

Charleston

100
529

5,900
14,192
1,118
7,053
1,426
5,881

8,233

16,259
1,160

North Carolina ports
1,057
103
on the pending bill,
Virginia ports
5,638
1,369
Oregon and "Washington Territory.
Total to be deducted
351,151 328,478 433,448
As regards the profits which the promoters of the
Leaving
total net overland*
807,051
596,331
562,100
enterprise are claimed to have made out of the scheme,
* This total includes shipments to Canada
by
rail,
which
since
they are very hard to find indeed, notwithstanding the
September 1 in 1885-6 amounted to 36,979 bales, in 1884-5 were 22,875
been
liberal donation of land with which the road has
bales and in 1883-4 were 19,978 bales.
endowed. At present, only the most careful and the
RECEIPTS, EXPORTS AND SPINNERS' TAKINGS.
,

most economical management enables the company to
keep the yearly outlays within the limit of the ingoes.
And as for the original projectors, everyone remembers
the Jay Cooke failure and how the road went through
reorganization and foreclosure, the holders of the bonds
taking the present preferred stock in exchange for the
same. And how profitable the exchange has proved!
The stock sells in the market to-day at 57, and in the
interval that has elapsed since the exchange was effected —

Port receipts have

made

further gains, in comparison

with the two preceding years, so that for the season to
over 1884-85 is 470,481 bales and over
1883-84 reaches 419,554 bales the month's figures being
133,147 bales, 35,575 bales and 45,918 bales respectively
Foreign exports during May hare
in the three years.
been largely in excess of former years, the total being
date the excess

;

294,003 bales, of which some 225,000 bales went to Great

and largely reduced the deficiency previously
to that country.
In May, 1885,
dividends was made in the exchange they have received
the exports were 115,320 bales and in the preceding year
just one dividend of 11-1 percent in scrip.
Our usual table of receipts, exports and
92,263 bales.
11 years ago, though allowance for

the

three years'

first

—

COTTON CONSUMPTION AND OVERLAND
MOVEMENT TO JUNE
1.

Our usual statements

of

overland movement, receipts,

down today

exports, spinners' takings, &c., are brought

June 1, and now cover nine months of the crop season
For purposes of comparison the figures for the corresponding periods of 1884-85 and 1883-84 are also given.
to

OVERLAND MOVEMENT TO JUHE

The movement
of large

of cotton

volume for so late

reaching 86,385

bale's,

by

May

in the season, the

30,049

against

has been

month's gross

bales

year,

last

41,602 bales two years ago, and 74,635 bales in 1883
large crop year.

The settlement

of the

in the shipments

stocks

is

herewith presented.

Movement from Receipts Receipts EXPORTS SINClt
Hnce
Hnce

Sevt. 1, 1885, to
June 1, 1886.

strikes

— the

on the

Southwestern system of railroads has undoubtedly had
something to do with the larger movement. This is
pretty clearly seen in the shipments from St. Louis, which

during April was in round numbers 37,000 bales, but
for May reaches 43,000 bales, an increase of some 6,000

Sept.

Sept. 1,

1885.

OalTeston

455,231
10,857
1,508,413
228,638
77,642
719.915
9,747
510,685
7,390
93,561

Indlanola, &c.
New Orleans.... 1,692,S!68
244.412
Mobile
50,107
Florida.
786,001
Savannah

Wilmington
Moreh'd C, *o.

West Point.&c
Now York
Baltimore

16,25-2

487,369
14,221

101,282

7,802
547,201

223,113

16,645

747,753

305,304

TO—
Stocks

Continent.

Ju-iie 1.

TotaL

78,013

817,671

18,112

890.705 1.443,852
44,431

102,689
22.103

44,431

S
102,409

8,252

291,259

401,920

1S.979

207,800
2,000
23,184

386,075

14,'aM

2,00o
70,70!

3,183

228,579
54,808
648,495
188,492
143,683
49.343

20.18S
9,410
288,414

396,217 1.225,516 3.869,051

533,431

94,186

23,089

45,683

1,840

220,542

2,328

5,706

37,134

l';3,034

1,635

1,635
30,458

8

9,621

275,703
55,369
103,285
51,686

548,804
282,251
67.885
81,905
40,20?

45,204

49,264

PhUadelpbia,Jtc.

SISPT. 1, 1885,

Great
lYance.
Britain*

1,

1884.

693,479
781

Brunswick, &,c.
Charleston
Port Royal ,&o.

1.

during

rail

Britain

shown

Total 1885-86.... 5,172,345

16,941

37,862

438,327
136,857
111,590

4,608

44.53S
2.247,288

6,310
19,588
14,957

Total 1884-S5....

4,701.864 2,311,053

313, 1 E8

982,130 3,666,341

44«.818

Total 1883-84....

4,752,791 2,255,765

461,824

884,655 3,602,244

460,846

*

Great Britain exports inclade to the Chanoel.

Using the facts disclosed by the foregoing statements,
whereas in former years there has been in May, of we shall find that the portion of the crop which has reached
For the nine months the a market through the outports and overland, and the
course, as important a decline.
aggregate is the heaviest ever recorded for that period. Southern consumption since September 1, this year and
bales,

The

net for the

month

contrasts as favorably with former

years as does the gross

;

in

generally

fact,

much

The May totalis 64,938 bales, against 17,613 bales in 1885
and 15,374 bales in 1884. The details are appended.
OVERLAND FROM SEPTEMBER

1

TO JUNE

the two previous years,

is

as follows.

better.
1885-86.
Receipts at the ports to June

1

Net shipments overland durmg same time

Southern consumption since September
1885-86.
Since September 1 Shipped—
From St. Louis
Over Illinois Central
Over Cairo & Vincennes
Over tlie Mississippi River, above St. L.
Over EvansvlUe <& Terre Haute
Over JeJfersouville Mad. & Indianapolis

Over OiUo di Mississippi Branch
Over Louisville Cincinnati & Lexington
Keceipts at Cincinnati by Oliio River.
Receipts at Ciucluuatl by Cln. Bouth'ru
Over otlier routes
.

SUpped to mills, not included above. ..
Total grogs overland

1884-85.

1383-84.

276,947
137,020
159,103
19,677
36,426
39,465
16,898
41,683
39,530
71,996
79,847
6,212

295,587
55,605
172,781
77,106
28,452
55,180
85,245
61,583
21,845
73,390
61,215
7,529

1,158,202

924,809

995,518

255,194

239,261

368,625

57,978

53,617

45,303

Dtduct—
Receipts overland at KY., Bostou,&o.
Shipments between (or South from)

Western interior towns

Total to June 1

The amount
429,805
176,109
85,679
16,921
46,184
39,762
17,433
78,483
68,362
101,497
86,989
10,978

1885-86

is

1884-S5.

1883-84,

807,0511

596,331

562,100

bales. 5,979,396 5,298,195 5,314,891

Total receipts

1.

;

bales. 5,172,345 4,701,864 4,752.791

1.

290,0001

252,000

280,000

bales. 6.269.396 5,550.195 5,594,891

of cotton

thus seen to be

7

marketed since September

1

in^

19,201 bales more than in 1884-85*

and 674,505 bales more than in 1883-84. To determine the
portion which has gone into the hands of Northern spinners
during the same period, we have prepared the following, t
bales. 6,269,396it
Total receipts to June 1, 1886, as above
Stock on hand commencement of year (Sept. 1, 1885)—
108,225
At Northern ports
21,314 —129,539
At Southern ports
f

At Northern

interior

markets

2,382-

Total supply to June 1, 1886
Of this supply there has been exported
to foreign ports since Sept. 1, 1885.3,869,051
7,960-3,861,031
Less foreign cotton included.. . bales.
36,979
Sent to Canada direct from West

Burnt North and South

132,421
6,401,817

2,350

I

1

June

5,

THE CHJvONlCLE.

1886.J

Btook on hand end of
AtNortliern ports
At Soiitluirn ports

At NortUorn

month (June

1,

1880)—

baloii.

spariagly as tuaal at this stage of the seaaon, while

329,260

demand by converters,

204,162— 033,431

Interior

8,259-4,442.306

marketa

Total takings by splnnen slnoe September 1, 1886. -bale*

1,950,51

290.000

Taken b7 Soutbern spinners
Takpn by Northern
Taken by Northern

sptiinora B»ni« time In 1884-35

Incrpase In takings

by Northern spinners

siilnnors slnoe

September

1,

this

18SS....

1,009.511
1.240.60S

year

388,903

The above indicates that Northern spinners had up to
June 1 taken 1,669,511 bales, an increase over the
corresponding period of 1884-85 of 388,903 bales and an

same months of 1883-84 of 213,766 bales.
AMOUNT OF CROP NOW IN SiaHT.
In the foregoing we have the number of bales which
has already been marketed this year and the two previous

An

additional fact of interest

previous years.

in

We

is

the total of the

compared with
reach that point by adding to the
sight

on June

1,

above the stock remaining at that date at the interior
by them at the beginning of. the

towns, less stock held
season.

In this manner

on June

1

to

we

find the result for three years

be as follows.

Total marketed, as above
bales.
Interior stocks In excess of Sept. 1
Total In slKbt

bales.

1883-86.

1884-S5.

1883-84.

6.269.39S
131,000

5,550,195
39,735

5,594.891
15,000

6,100.396

5,389,980

5.609,891

movement up to June 1 of
the present year is 810,416 bales more than in 1884-85 and
790,505 bales more than in 1883-84.
As it will interest tbe reader to see what has come into
sight each month of the season during this and previous
years, we have prepared the following, which shows the
movement for the last four seasons.
This indicates that the

1885-86.

ilontht.

September
October

485,552
1,360,870
1,443,433
1,488,582
641,793
479,591
301,156
185,597
113,822

November
December
January
Februar/

March
AprU

1884-35.

413,836
1,309,111
1,390,902
1,360,404

513,187
291,753
192,903
83,911
33,973

1883-81.

1882-83.

450,047
1,325,716
1,317,773
1,261,816
453,983

1,180,761
1,402,952
1,435,006

402,336

370,337
262,772
107,153
57,292

803,565
664,834
518,540
265,057
168.178

cutters

speculators.
1886.

1885.

1884.

Oaten Prinl- Sheet- OoU'n Print- Sheet- OolTn Printlow
ing ings, low
ing
ing
low
ing»,
mid- eloths, stand- mid- eloths, sland- mid- eloths, itanddling. 61x64 ard. dling. 64x64 ard. dling. 64x64 ard.

KAT.

B-'e

319

819
B-'e

3-23
3-25
3-25
3-25
3-25

8'9

325

10..

SISu

325

U..

8l3i«
8l»16

3-25
3-25
3-25
3-23
3-23

1.,
8..

6%
6\
6^
6%

.S.

8.
4.,

which was

crop

the

and the manufacturing trade
was only moderate. Stocks of plain and colored cottons
are by no means large in view of the demand in sight,
and such makes as govern the market are steadily held by
the mill agents, low-grade wide sheetings alone having
shown symptoms of weakness. Print cloths were in fair
demand, and some large lots were unloaded by Providence

increase over the

seasons.

679

6.

8''8

6..
7..
8..
9..

6%

8.

12..
18..

8\
8%

U..
16..
16..
17..
18..
19..
ao..

6M
6\
b^i
6%
6%
6\

8...

8%
8%
8 '8

3-23
3-22
3-22
3-22

8l3ie

3-22

813i8
8>3l6
813l6
8is,e
8«t

3-22

8lSl8

21..
22..
23..
24..
25..
26..
27..
28..
29..
30..
31..

"6\

322

lOig
10>a

io»u
10»i«
109,8

319
3-19
3- 19

317
3-17
3-17

316

7"4
7'4
7^4
7>4
7'4

316
3-16

lO^i,,

3-16

'in
7'4
7'4
7>4

lOBis
10»ie

3- 14

7M

3-14

1138
1138
ll'is
ll»18

ll»n
11»18

10<3
10>3

316

714

115l8
ll>«
ll'is
IIJ9

7H
714
714
714

113,8
113,8

3-12

7'4

U3jg
in*

..Holi

.HoU day.

3-12
3-12
3-12
3-12
3-11

day

7SI

350

7^

3-50

7>«

7\'

7H
714
7'4
7>4

7H

3-50
3-50
3-50
3-50
3-50
3-50

7««
7>«

IH
IH
IH

...8..

ii'ii'

lllfl

,S.

...8...

3-50

...8...

ib'ia'

8.

The above

3-17
3-17

,..8...

lOiiie

3-19

ll^s
1138
1138

..8...

6%
6\ ibiiiB
6\ lOUie
6% 1059
6^ 1058
6% 1058

319

3-17
3- 17

6% 10»is 3-14
6% 109i, 314
6% 100,8 3-14
6% 10u,e 312
6% lOUi« 312

8.

8%

1038
107,e

3-50
3-50
3-50
3-50
3-50
3-50

7H
7H
7H
7H
7Hl

8...

.

III4

"in

3-50
3-50
3-50
3-50
3-50
3-50

7V|
71a
7H,

7H
7H

.. S...

ii'i4"'

im

Ilk

3-50
3-50
3-50
3-50

"7H"
7'a

7H
7>a

..Hon dayi

..

11>4

..-3..

3-44

7H

are— For cotton, low middling upland

at New York
for printing clots, manufacturers' prices; for sheetings, agents' prices
which are subject to an average discount of 5 per cent.
prices

FINANCIAL REVIEW OF MAT.
The month

of

May was

noted for dulness

sion in the early part, with a decided

and depresimprovement at the

Stock Exchange later in the month.

There was a decided break in the prices of wheat and
petroleum, with an active speculation in those products,

New York down to 84 cash and 83^
June delivery, and petroleum touching 63.
Total 9 months.
6,400,396
5,589,980
5.609.891
6,841,229
The statement of the Clearing-House banks showed a
WEIGHT OF BALES.
surplus over the required reserve of !?12,025,850 on May
To furnish a more exact measure of the receipts up 1 and $13,830,600 on May 29. The local money market
to June 1, we give below our usual table of the was a trifle irregular at times, rates on stock collaterals
weight of bales. "We give for comparison the figures for reaching 5 per cent but upon the whole rates were easy,
the same time in the two previous seasons.
and generally ruled at 1|@2^ per cent.
The gold exports were considerable, and between May I
Same
Same
iVi7ie Months Ending June 1, 1886.
peri'd in peri'd in and 29 the net shipments from New York amounted to

May

cash wheat selling in
for

;

1884-85. 1883-84.

Number of
Bales.

Texas

Total
*

Weight.

Weight.

244,112
852,363
501,530
822,904
109,064
1,352,545

466-20
470-50
465 25
494-00

509-78
476-50
495-00
468-00
466-91
472-90
470-38
494-00

6.269,398

3,050.447,106

486-56

48102

482-22

Alabama

Virginia
North Carolina.
Tennessee, (bo..

Weight.

513-75
481-00
502-00
483-33
475-00
474-60
466-50
490-22

1.692,268

South Carolina.

Average Average Average

357,370,335
813,980,908
122.694,824
413,677,335
238.230,500
390,530,238
50,878,356
663,044,610

694,260

Louisiana

Georgia*

Weight in
Pounds.

513-38
478-00

49800
46900

Including Florida.

about $6,050,000.

At

Exchange there was much depression
mont h, owing mainly to the strikes and gen-

the Stock

early in the

eral labor troubles
in Chicago.

throughout the country, and the

in the last half of the
ery,

with a

month there was

much more

a decided recov-

active business, in

and bonds equally shared.
tion

riots

Quite a heavy short interest was created, and

The

which stocks

chief element in specula-

was the presence of a strong Chicago

pool,

which

forced up the prices of the granger stocks, led by North-

It will be noticed that the movement up to June 1 western.
The quarterly reports of the trunk lines for the
shows an increase in the average weight as compared with quarter ending March 3 1 were generally good in showing
the same period of the last two years, the average this a great improvement over 1885, but the Vanderbilts
year being 486-56 lbs. per bale, against 481-02 lbs. per bale did not show dividends earned, and so far were disapfor the same time in 1884-85 and 482-22 lbs. per Dale in pointing.
Mr. Woerishoflfer died about the 11th of May,

1883-84.

but his death did not aSect the price of stocks.

THE COTTON GOODS TRADE IN APRIL.

There was a comparatively light movement in staple
cotton goods during the month, jobbers having bought

Marvin, a heavy operator on the bull

Mr.

side, failed early in

the month, and stocks were sold largely for his

account.

Consolidated gas was conspicuously weak, in consequence

...

.

THE CHRONICLE.

680
ft the

new law limiting the

g as in

price o£

New York

City
Railroads.

securities

Do

were

in

also sold

Chlo.

&

rates of foreign

and

prices of leading securities
1st of June,

articles of

exchange
merchan.

1885 and 1886.

1884,

117

&Ch

Cin. lud.St. L.
Cley. Col. Cin. & lud.
Clev. & Pittsb., guar
Col. & Greenv., pref
Col. Hock.Val.&Tol.
Del.[Laok. & Wesfrn.
Denver & R. Grande

New

the condition of the

York City Clearing-House banks,
about the

10718

Cin.Hamil.& Dayton

The following summary shows

dise,

5S8ia

§a»%

pref.

& Northwest...
.

market

this

Jf«r. 31.

Paul.

Do
pref.
Chic. &. Rock Island
Chlo. St. L.
Pittsb.
Do
prof.
Chic. St.P. Mlnn.&O.
Do
pref.

for foreign account.

and

& St.

Chic. Mil.

Foreign exchange was very strong, admitting of the
gold exports above mentioned, and our unfavorable trade
situation, with, large imports and small exports, had much
;

Closing

(

to $1 25 per thousand feet.

to do with this

[Vol,. 5LII.

Do

79ifl

ilH

46 ij
151

apsm't pali..

Dubuque <fe Sioux C.
STATISTICAL S0M.WART

ON OR ABOUT JDNE

1,

1884, 1885

AND

East Tenn. Va.

1886.

Do

i Oa.
pref.

& T.

Evansville

H...

& Denv. O.
&rceuB.Wiu.&St. P.
Harlem
213>4
Ft. Worth

Jftw Tork Clly Banks—
Loans and dlBCounts
Specie
Circulation .

Net

S

^

l.eg8l reserve

$

Keserve held

$

45,988,600 114,501,100 69,516.800
7,851,700
14,S7v!,800
10,364.100
288,361,300 301,483.900 365,242,000
36,638,400 3.'>,y21,300
24,129,101
91,310,500
90.370,97;
72.090,32
70,114,700 151,139,901 105,141.100

—

60 days..

Bonds—

38, registered,

option U. 8

4^8, 1891, coupon

... .......

Lake Shore
Long Islaud
Louisville A. Nashv..
Louisv. N. A. & Ohio.
Manhattan, oonsol...
Manhattan Beach Co.
Memphis Clia'ston.
Michigan Central....
Milw. L. Sh. & We.st.

L^a>2
3is»l

-82

1

4g4>a

4 871s

45 13
4 8i

100^

IO3I8

101

128
111=8

132'fl

132:'s

113

lllSt

1205i

I2214

121118

82I4

10314
2714
82=8
69 '8

491 i«d.

Do

.

913

I514
8»ia

5!is

48
114
125

70
112
llH^l
99 >«

Do

72
101
54

. .

126
I37I1!
II3I1!

66''8

93 ^

101
3573

131138

4iflS,

GOVERNMENT BEOORrriES
3»,

1».

6»,

Do
.«.Y.

pref"

& West ..
Lake Erie & W.

Lack.

y. Y.

Do
N.
N.
N.
N.

5314

pref.

& New Engl'd.

Y.

Y.N. H.&Hartrrd
Y. Ontario

AW...

&

West..

Y. SusQ.

Do

pref...

&

Norfolk

Do

Western..

pref. .
Northern Paoltto
pref.
Do

Ohio Central
Ohio & Mississippi.

S.

reg.

May.

1898.
reg.

1

12614

19

125%

2
8

-.8...

20

125''s

126

I01>a

21

125%

4
5

I25''e

101%

125'e

7

12.i7g

8

I12i<e 12578

22
23
24
25
26
27
28
29
30
31

12o''g
%......... 11238 125'8

9
10
11
12
13
14
15

.8...

12578

i'o'iis

125''8
I12ifl

lom

128" lOOTg
S.

U238 12578

17

18

The following

6>,

Our.,

ri 1898,
rtg.

reg.

..8...

Do

lOlM

8t. L.

lom

Open
High

112%

Low

112% 125%

10078

Clos

112% 126

lom,

I2SI4

112% 126 1< 101 1«

......

Atlantic

&

P.icillo...

"S

Bost.&N.Y.AirL. Df
Burl. Cedar R. A No
Canadian PaciHo

66%

Canada Southern....
Cedar Falls & Minn.
Central Iowa

40>4

*12
19

49
41

Central of N. Jersey.
Central Paoillo
Charlotte 0)1. <fc Aug

dies

.t

Do
Do
Ohloaito

1H«
17%
13%

Ohio
Istpref.

&

2d

pref.

112

Alton

Do
pref
Chlo. Bur!.*Quinoy.
*

Prices bid.

7%

96
70

•97

12
17

41>a
13
18>a

ilH
38%

7%

701*

66%

9
13
10
14 J

155

Prices asked.

est.

55

43%
livt

18%

13%

Hay. 2J
8I9

98% 100

•93's

80

60

"6'i%
37's

62%
34%

6579

•,,414

39%

39>4

*15

13

17>«

I714

46

53
41
32

47%
3918

9
It
10

142
160

S8%
7
13
8>s

5138
150

ISS'i

.

Olos'g

7

32

133% 131
I

100

63%

37i«

est.

144
86
8ifl

I3II9

128%

t Ez-dlvldend.

§112

Virginia Jtidland
Wab. St. L. & PaciHo.

Do
pref.
Do Pur.Com.rcpts
Do
pref
Tkleoraph.
American Dist. Tel
Bankers'

&

Mexican

35
2l€

Mer. Pel

Co
Western Union
Express.
I

el.

587

Adams

— May.

Apr. 3o.

pref.

Paul Minn. & Man
South Carolina RR..
Southern Pai iiic Co..
Texas & Pacinc
Union Pa<^iflc

145
10*

American

Low- Hiah- vloslng Low- Highf.st.

pref.

Ist pref.

Do

RANGE OF STOCKS IN APRIL AND MAY.

Railroads.
Mar.'Sl.
est.
Albany Ac Susqueh'a
143
Atchison rop.iS 8. Fe
t)5H

prof.

Francisco.

S.

at.

..8...

-HoU diiy

dP*"*''

A

Do
Do

at.P.&Duluth

show the lowest, highest and
closing prices of railway and miscellaneous stocks at the
New York Stock Exchange during the months of
April and May.

•

146

Plttsb.Ft.W.AC.guar
Rensselaer »& Sar
Rlch.&Al.st'k, tr. ct.
Richmond & Dau viUe

Blchmondi West PC.

table will

Closing

Peo. Deoat. & E'vllle.
PhUa. & Reailiug....

Rochester A Pittsb..
Borne Water. & Ogd..
8t. L. Alton &T. H ..

11212 1257b
126
11258 126
112% 126 IOII2

126

112%

16

Oregon Short Line ..
Oregon & Trans-Con.

3«,

4«,

1891, 1907,
coup. coup.

..

pref.

Ohio Southern

IN MAT, 1886.

4iss,

opVn Gur.,

,

1891, 1907, C.
coup. coup.

{loo's
'"

Morris & Essex
Nashv. Chatt. &8t. L.
N. Y. Cent. & Hud. R
N.Y.Chlo. & St.Louis.

Do

May.

.

Mobile&Ohio

ilerchandise—
1015,,
Cotton, Middl'g Uplands. "P lb.
119|fl
93i«
32'7'33
33 840
Wool, American XX
32®34
$ *
Iron, Amer. pig. No. 1..^ ton. 20 0092 1,50 18 00318 50 18 00® 18 50
32 00
27 Oi)
35 00336 00
8SI4
103
Wheat. No. 2 red win.$ bush
43 14
03
Com, West. mix.No. ti.^ bush
51 tJ.im
17 50
11 50
10 00
62 19
76»4
7933

CLOSINQ PKICBS OF

L..

pre!.

& Texas

Mo. Kaus.

9273

21

pref.

& St.

liluneanolis

Missouri PaciUc

105

<fe

...^.,

i*(c

Railroad Stocks—

New York Central Hud. Riv.
Erie (N. Y. L. E. & W.)
hake Sliore & Mioli. Soutliem.
Micliigan Central
diieago Rock Island & Pacific
Illinois Central
Chicago & Noilh western, com.
Chicago Milw. & St. Paul, com.
Delaware Lack. & Western
Central of New Jersey

*99
24'3

A Des M.nnos.
Do
prof.
Lake Erie & West

13,930,600

60,708,925

m

bills,

*28

139%

Keok.

=

Surplus reperve.... ... ......$ dM,975,625
Money, Exchange, Silver
2 ®4
Call loans
5»««6
Prime paper, sixty days
Silver
Loudon, peroz
soisit^a.

Prime sterling

& Tex. Cent..
Qltnois Central
Do L'sed Line 4 p.o
Indiana Bl. <feW
Honst.

$ 309618,?00 233,116,200 341.510,500
....S

deposits.......

United Stales

1886.

1885.

1884.

52=8
t

40%
I514

10

4I31I2 V-34is

40

2>e

115

145 14
105
63
120

148

14M

21%
23
18i«

9 '8
11

29
21
4L

67iS8

16%
25%

23
22
4ti>a

no's

Ilud. Canal...

101%

P(l%

N. Y. Texas Land Co
Oregon Iraprov. Co..

102 "«
180

23%

0."eg'n R'y

<fe

Nav.Co.

PaclfloMall

Pullman Palace Car.
•

Prices bid.

I

{9778
5lia

132

1

2OI9

U%
.1

Prices asked,

22 >4

1114

Pi

....

1579

2f
19
10

llO^a

*

63

•144
106>« •105
-62
65
•120
125

Various.
Canton Company
Con.solidated GasCo.
Del.

81a

16
10
142
155

Bnited States
"62'a
WeUs. Fargo&Co.... *113
Coal and Mining.
American Coal Co...
Cameron Coal
16%
OoloraiJo Coai & Iron
2t%
*26
Consolidation Coal..
Homestake Mining..
"''loij
Maryland Coal
Now Central Coal... lOifl
Ontario Silver Min ..
QulcksilverMin.pref. *20>4
42
Tenn. Coal & Iron...

40

115
62 '9

94 >«
97

.58-4

13i
5

Ex

13

12

ISk

I514

23%

26

25

39

44

no27a

3
115
03 "4

eOH

97"4

51%
132
dir

'i^
62 14

143

143

lis

1031s
51
1201a

108% 1081s

25
15
21
19
20
10
9
29
20
39
58I4
75I9

93%
'is"

23%
10178

7%

6
14

93
50
128

60

63
126

-lU

25
20
24I3

20

19%

*23i«

20's

20i«

11

11

11

10%

1

29
2013

43
61

95

599I4

"26

'.'".'.

"^

101
54 =9

133

61
771s
59314

981s

53%

•1321s

—

UNE
IIA

.

..

.

681
IHTKRUT-BMAIUHO DHBT.

Mi KKS' STBHUNO EXOHAMOB (POSTBD B4TH8) FOR NAT, 1886;

60

60

Xay.

Man.

day$.

1....
2....
8....
A....
8....
6....
7....
8....
9....
10....

4 37>«

11....
12....

137>«
4 871*

4 801a

»*.

4 8714
4 37i«
4 87S,
4 87^1

4

8:1 Si

I

•<!)ia

1 110

4S7ia
4S7>«

4

7

.

THE CHRONICLE.

1686.]

fi,

.

. .

DO

4 90

b.

4 371s 'i'lio'
4 90

4 90

May.

itay*.

13.... 4 87 >a
14.... 4 87
15.... 4 87
16....
8.
17.... 4 87
18.... 4 87i«
19.... 4 871a
20.... 4 87'*
21.... 487>«
22.... 4 871^
23....
24.... 4871a

4 90

4 88
4 88

25....
26....
27....

4 89'a

4 891a

4 90
4

90

89V90

87ifl8
4 8S

4

4 88

i'so'ii'

4 90
4 90
4 90
4 00
4 90

00

4 00
8.

i?::;:

...Bull day.".'.

Btgltttnd.

Oultlandtnt.

Ooitpotk

Dim

Int.

AccneA
Intertth

Hital,

•

U

Option

Q.-F.

Hit

1H9I

g.-M,

<«

1907.' (J. -J.

IM.03S,400
too.sw.soo 4».eil.gqo

850,000,000

609.577.100 iaA,18;,»(Xli

7a7,75»,00O

ll)i.0a9,4MI

II3.S51

08,80)

4.9IH.3M
1, 380

90.12fl

173.000
l.«18,SlW

1,«76,VUI

<* ntig.coiitt.\ (j.—J.
8), pan>loQ ... J.AJ.
Paoiao Rl(a...| J.&J.

S8S.I4{i

mi.Tai 8.AIS.M0

K.OOO.Mgl
•B4.<W«.r.l8

•(M,()S3.f»9

Aggregate.

Rnnge
4 88
4 87

lIiKli

'

i'oo"

luiu.

mand.

tlay$.

Amount

TnUrU

0)taract4r af

«0

liOW.

4 90
«89>a

UNITUD STATES TREASURY STATEMENT.

•HSIW.oOi)

'iT5

mature Jan.

iijm,V>0 r«b.
ian.l.l8W.

iw

I'.

1806 ! f9,71::,U0>J Jau.

1,

1,

Uu;

ima.

«;M.'.l(U,Uv;i

i

I,

lOM; «14,U<M,M»

DBOT OJJ WlllCn I.NTEIIEST HAS CISASBD giNCS MATDBITT.
Aggregate of debt on which Interest has ceased since maturity Is 17.077.003;
due and unpaid thereon. 1218.790.

Interest

May, from the oifice of the
is
based upon the actual
returns from Assistant Treasurers, depositaries and superintendents of mints and assay ofHces, and shows the condition of

The following statement

for

has been issued.

Treasurer,

the United States Treasury
April 80, for comparison:

May

Hay 81,
Aateti and
[LtabiUtla.

DBBT BBAIU.VQ NO INTBRB8T.

It

81;

we

give the figures for

APRIL

1886.

Balanem.

Aaiet9

and

SO, 1860.

BaMtncea.

Ltabauies.

Amoant.
Old demand notes
Latcal-tender notes

•07,410

,,.,.

84e,«81,01ft

Gertlftcates of deposit

14.510.000

Less amount held In Treaaurer's cash
Gold oertlflcates
Less amount held In Treasurer's oub

131,865,685

Silver certilicates

119,593.145

585,000-

i8.9:»,aoo

oi.rj}.e70-

Less amount held In Treaaurer's cash
Fractional currency
Less amount estimated as lost or destroyed.

S0J^(f,0j(

30.411.016-

89.184,1M

10.330.021
.

8.875,934—

.

6.954,087

Aggregate of debt bearing no Interest.

GOUl-Cotn

IST.l.-W.QSQ

Balllon

RECAPITULATION.

4(I.295,7»S

(Amt) 236,124.731
Total (told
131,855,683
CertlBcutes Issued
Cdrttllcates

Net gold

—

51 ,735,670

iUabilUu)

80,120,02}

on hand

Cratlflc'9, net.

la treasury.

eiLVEB— Dollars,

Principal.

1

Interest-bearing

debt—

*

InUrett,

*

Tota(.

*

%.

250.000.000
737,759.000
164,069,100
8s
Refunding certificates, 4s..
208,400
Navy Pension fund, 3s. .
14.000,000
Pacific II R. bonds, 8 p. ot.
61.623.512-1.220.650,812 11.58a.«38 1,233.237.144
7,097.503
Debt on which Int. has ceased
818.790
7.816;i«
4>ia

4s

84,716.225

156.304,709

155.865.303

stand*rd 173,252.045

175.928.602

1.947,782

2.538,5'ia

(4«»e0 180,1M9.807
Cortiflcates Issued
119,5U:,145

l're.485.024

Bullion

t536.931.787

.

.

Total sllTer

121,874.196

CortlilcatesonhaDd

30,411.016

31.141.055

Debt bearing no interestLegal tender notes. &c

Certlflo's. nct.(Li<iiUtti/l

fc9.1&4.129

90,733.141

Oertlflcates of deposit

Net

silver In trojia'y

V. States notes

(Asset)

Cortiflcates Issued...
Certificates

on band

.

Certlflc's, net. {Liai^Uity)

87.731,883

Silver certifloates

11.740,000

Fractional currency.

583,000

223,000

.

—

Balances
(Asset)
Public Debt and i.nt.—
Interest due, unpaid
Accrued Inte.est

Matured debt
Inter't on matured debt
Debt bearing no interest
Int. on Pao. REi. bonds
due, unpaid

l;,5I5,000
28.088,774

16.233,164

15,129,283

.289.183,133

•.iS3,l*8,891

6.703,205

Decrease of debt during the month

7.007,603

5,836.705

218,790

20S.854

81.522

206.944

207.937

yr.

notes

8.S28.S6S

p'd.

& coupons p'd

18.831.606

ElOHANQE AT LONDON-Mmj 20.
15,136,103

.

Net res'rves. (Lmbi/i(y)
Post office dep't uccounL.
Disburs'K Officers' bal'ces.
Cndlstrtb'd lutsets of faii'd
National buntis
Currency and minor coin

redemption account
Fractional silver coin re-

demption account
Redemption & exchange
account

Treasurer's transfer ch'ks
and drafts outstanding-

Treasurer U. .-.. axcnt for
payli^ int. on D.Col.bds
Total

(LUiUUty)
Int.oa U.Col.b'ds pd (Asstt

4.619.666

163,573,836
3,479.133
1B,S27.7U5

4,998.300
18,052.412

685.773

671,501

3593

1,488

61,345

49,735

519.449

528,171

8.850,670

Parlg
Paris

12'2!li

«12-3i4

209.437

219,7!«
28,4'a6.400

•

MXOBAK0JI OH LONDON.
Lattti

DaU.

Time.

RaU.

May 20

Short.

12-07

May 20
May 20
May 2U
May 20

Short.

2046

t*

20-46
20-46

Short.

May 20
May 20
25-23^325-28% May 21

3moB.

•i5-35

Q«noB

**

25 50

Madrid

»«

Oadlz

•*

Uabon

•«

....

It

,

.

*'

1270

•*

25-28
2358
25-26

3 mos.
Short.

a25-40

«25S5

45'a»4559

May 20 60 days

46-50

45'8a>4.'>S8

52H,6»5i''ie

....

Alexandria

Bombay
Calcutta
New York...
Honjt KoDK.

3.876,071

30.627.106
10.028

•

May 20 3 mos.

Oonstant'plc

aiuuuchiil....
2,ts«0

Dem'd
•*

19. SB.fd.
is. dSigd.

.May 21
.May 21

Tel. t'ra

30,817.080

28.422.570

213,04-^,.3-J'.2

•i08,09r,S9-i

7«.142,«11

7r,030,999

"

May 21 SOdaye

....
.-..
....

Mar 21 4 mos.
.May 21

[From uar own oorrespondent

(LtabaUy)

Net balance ...(Asset)
Asaeut not available

BaU.

Time.

Amstfirdam. Short. 12 l>a tsl2-2
Hamburg.. 3 mos. •iO-Dt) ©20-59
«
2056 ®20-59
20-56 32069
"
12-85 »i2-87>s
Vienna
"
12-85 ®12-87l»
Trieste
<i
25-40 82545
Antwerp .. .
233932314
St. Peterab'g
Berlin
Frankfort...

Balances. (Liability)
.

On-

Amsterdam. 3 mos.

Tes*r.(Liability) 168,198,602

Nat. Bank nntes in process of redemp. .(Asset)

Net

..

RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.

993

Debt and

^Bedemp.

. .

1,992

inter*st.(^sset)
53.514
D'btA'int.neHLinbUity}
Ree'vefor red. U.S. notes. loo.ooo.odo
Fund held tur redemp. of
notes ot Nat. Banks
57.391,905
Fund held for redemp. of
Nat.Kold bunk nule^
104,489
Five p. c. f 'nd for redemp.
of Nat. Banknotes
10,6S7.:06

Int.ob'cfes

.(202.164.274
100.000.000 $302,164,274

Total debt, less available cash Items

8,292.431

15,314.310

One & two

. .

Netcashlnthe Treasury
Debt, less cash In the Treasury. Jane 1, 1888..
Debt, less cash In the Treasury, May 1, 1886.

18.905.120
1.992

redeemed

tiess casta Items available for reduction ot the debt.
Less reserve held for redemption of U.S. notes

2,262.213

21.810

lnt..(Lia&ilt(u)

536.951.727

1.764.699.341 11.805.622 1.776.505.167

1,858,681

1.292,470

Fract'l cur'cy

6,954.087- 536,951,727

293.6(1

20,130

Debt and

89.184.129

Total debt

26,239,098
312.481

1.016,588

Acc'dlnt., Fac.RU.b'ds

80,120,023

37,603.774

13.913.000

348.738.488
13,955.000

certificates

40,244,098
14,510,000

Net U.S.notes In treas.
Kational Bank notes
Deposits In Nat. BanlES.

Oold

"

5^a.

Ja. a'4d.

4-86-%
3a. 3>«d.
4». 67gd.

J

London, Saturday, May

The week

111-12
la.

33, 1886.

just concluded has been anything but proliflo of

noteworthy events. The Greek question is just now not ia
such good trim for a peaceful settlement, but we have ceased
to be anxious respecting the chances of greater compIica»ti
Aggregate net Asset.
103,160.341
tions.
At home the Irish Home Rule bill is regarded a^ beiag
as good as defeated, and it is therefore well within the range
MAY, 1886.
of probabilities that we shall soon have to put up with the
The foUowiug is the official statement of the public debt as disadvantages of a dissolution and a fresh appeal to the conit appears from the books and Treasurer's returns at the close
Thit th3 coaxiaeTcia.1 status quo should remain
stituencies.
of business May 29, 1886, according to the new form adopted practically unchanged is, under the circuinstances, by no
Minor coin

Subsidiary silver coin.

465.453

496.302

28.912.'i77

28.W4.483

THE DEBT STATEMENT FOR

AprU

1,

1885.

means

surprising.

—

:

THE CHRONICLR

682

The tenor of advices from all the leading manufacturing
centres is much to the same effect as previously to hand. The
time has clearly not yet arrived for trade to take a decisive
better demand prevails for wool for the Continent,
start.
but actual operations so far are far from extensive, and the

A

and steel industries is still delayed in
which may be discerned is almost
improvement
any
fact,
exclusively due to the execution of American orders. But
for these there would have been no rehef to the previous
depression. Whether we shall benefit yet further by your
labor troubles has yet to be discovered. More probably the
wiser counsels now adopted will compel us to be content with
only that share of the improvement in American business
which cannot be executed at home.
The weather of the past week has been favorable for the
revival in the iron

;

There have been refreshing rains, with a much higher
temperature. The crops, consequently, have made some progress and the prospect has brightened; so much so that the
value of wheat has slightly depreciated. Whatever stimulus
trade may receive from a fair harvest, we are at present entitled to speculate upon. But there is one disappointing circumBtance to which atter(tion must be directed; and that is the
crops.

falling off in the demand for money and its recession in value.
Whilst we were waiting for an extension of its employment,
the reverse has occurred. A curtailment has taken place, and
the discount establishments have been compelled to reduce
their rates of allowance on deposits 3^ per cent. This does not

speak well for the condition of trade. The Bank rate certainly
is 3 per cent, but three months' bills are negotiated in Lombard
Street at 1}4 per cent below that figure. Again, in examining
the Bankers' Clearing House returns, it is patent that the volume of transactions has not up to the present recovered much.
From the commencement of the year up to the 19th of May
the sums passed through amounted to £3,247,637,000, or £64,.
710,000 more than in the corresponding period of 1885 but of
this gain the Stock Exchange settling days account for nearly
£63,000,000; hence the actual improvement has been very
slight.
The past twelve months has unquestionably witnessed
an appreciable decentralization of unemployed balances, both
;

at the

Bank

of England

and

in the

New York

Associated

[Vol.

XUI.

Gold— WitU the exception of a withdrawal of £200,000 80verel)?na
tlie Bank for South America, there hus been but elisUt demand
for export, such orders as there were havluK been eatistl^d hv the
arrivals. The Continental inquiries liave entirely ceased, and the Banfc

from

has received since our last about £211, COO, Imjiorted from Australia,
South America aud Paris. The Neva ias brought £33,000 from the
Biver Plate, Clyde £32,000 from China, Moselle £13,000 from West
Indies, Werra, Britannic and Umbria £190,000 from New York,
Aorangi £34,000 from New Zealand, Cuzco £8,000 from Sydney, Magellan £32,000 from Chili, Garth Castle £4,000 from the Cape; total,
£351,000. The Hovelius has taken £200,000 to River Plate.
Silver—The Indian exchanges fell rapidly at the close of last week,
and silver was unsalable for India, a few small amounts being taken
for the Continent; but since the India Council has reversed their policy
of la^week an improvement in exchansres has taken place, aucl with
special orders in the market, the price has to-day riiien to 45d. buyers.
We have received £16,000 from West Indies, £40.000 from Chill, £il,000
from Australia and £40,000 from New York; total, £102,000. The P.
& O. steamers have taken £46,000 to India.
Mexican Dollars— The bulk of the small consignment bv the FreuoU
s^amer having been sold to arrive, the price was maintained, notwithstanding the rise in the French exchange, until th« arrival of the Royal
Mail Steamer, when 4458(1. was the best price obtainable for the unsold balance. The Ville de Brest brought £2 3,000 from Central Amerioj, the Moselle brought £90,000 from Central America,
The P. i: O.
steamers have taken £51,000 to China and the Straits.
,

Mr. Giffen has just read before the Institute of Bankers a
paper on "Some Bi-metallic Fallacies." He maintained that
the management of a coinage with the distinct view of artiScially keeping a standard stable from period to period, either
by two standard metals stable with reference to each other, or
in any other way, was a departure from free trade principle,
which the Government ought to follow in all commercial matters.
Bi-metalllsm the declaration that one metal was to
pass current as so much of the other was in fact protection.
Referring to the United States, Mr. Giffen remarked:
"A change in the standard is a matter which ought to be
very carefully considered indeed. More recently a great deai
of evil has been caused by the unfortunate legislation of the
United States. No doubt the pressure upon gold would have
been more severe than it has been if the United States had not
passed the Bland Coinage law. Still, there would have been
no question of a change in the standard, and people in the
United States, accustomed to regard the standard as unchanging and unchangeable, would have been habituated by this
time to prices upon a strictly gold basis. Now it is seen that
a law hke the Bland act, which really tampered with the
standard, brings the whole monetary system of the country
into confusion, and that this confusion can only be prevented
b.v another catastrophic change, which would have a great
effect for the moment on the price of silver, and throw the
currencies of other countries, as well as the currency of the
United States, into confusion."
With reference to the discussion as to what the effect of a
re-introduction of a bi-metallic ratio would be, Mr. Giffen
remarked that he was not at all clear as to the possible result,
but if from choice he had to give an opinion he should say that
even with a universal bi-metallic ratio the same thing would,
happen that had happened in France that was that they
would not have the same metals used concurrently. He
believed that the introduction at the present time of what was
called "universal bimetallism" would be that every great coiintiy would in a few years have silver as the standard money
and that gold would everywhere become merchandise in rela-

—

—

Banks. The Bank of England now holds fully £5,000,000 less
In private deposits than it did a year ago, but beyond fostering a more confident tone, the dispersion of the same has not
had much effect upon the trade of the United Kingdom.
The money market, as already intimated, has been very
quiet.
There has been some accumulation of capital, with a
falling off in the demand, the result being a general display
of weakness. The position of the Bank of England is by no
means strong, but until the commercial inquiry for money
expands, it is clear that a permanent enhancement of values
will be improbable.
No particular changes are witnessed in
the weekly oflicial return, Gold is returning from the North, tion to silver.
but only in small quantities. The present stock is £19,893,713,
The grain trade has responded to the influence of the fine
being £6,791,000 less than at this time last year. The reserve weather. The firmness in the wheat trade has been relaxed,
amounts to £11,067,673, and shows a deficiency from last year and there has been a recession of 6d., and in some inof £6,840,000. The gain in reserve on the week is £347,404,
stances of Is. per qr., from the highest points. In the present
but as the aggregate deposits held have also increased state of trade and the entire absence of all symptoms of
£753,577, the proportion of reserve to liabilities remains prac- speculative life, it would be idle to look for any prolonged
tically the same as last week, namely 37 33 against 37'14 per display of firmness.
Reports of heavy shipments from the
cent.
Pacific ports occurring simultaneously with the improvement
The foUowing return shows the position of the Bank of in the weather, have given millers a stronger control over the
England, the Bank rate of discount, the price of consols, the market, and they are evincing no inclination whatever to
price of middling upland cotton and wheat, and the Bankers' extend their purchases. Importations into the United KingClearing House return, compared with the three previous dom have again been below the average, and only about oneyears:
half what they were for the corresponding week last year,
but as was the case last week, the firmness which should result
1886.
1885.
1884.
1683.
from this circumstance has been counteracted by the growThe markets have in conseCirculation, excluding 7-day and
£
£
S
£
ing liberality of home deliveries.
other bills
24,578,040 24,405,685 25,483,575 25,487,235
quence been suificiently weU supplied to meet the current
Public deposits
7,824,595
7,278,137
8,235,579
7,3j«,493
demand, and any attempts to force sales have invariably told
Other deposits
88,138,352 27,329,3«B 23,463,167 22,080,999
14,833,49!< 14,0»r.l»4 12,839,977 13,834,917
QOTemtuent securities
against the seller. Although stocks are diminishing and the
21,422,809 al,0ia,143 21,529,484 23,091,637
Other securities
supply on passage is appreciably less than a year ago, there
11,087,673 17,007,921 11,360.567 10,4i3,B50
Reserve of notes and coin
19,892.713 26,623,606 25,034,142 20,130,894
can hardly be much inducement to withhold supplies so long
Coin and bullion
87-33 p. c.
Reserve to liabilities
50H p. c, tSH p.c. 35M p. c. as the chance of securing a fair average harvest holds good
Banl£ rate
3p. c.
2HP.C.
2ii p. o.
4 p.c.
We have now in fact arrived at the period of weather mar»9>«d,
lOlJ^d.
lOlJ^dConsols
i02sia.
Bnglish wheat, average price
878. 5d.
81s. lid.
378. lOd.
43s. 4d.
ketP, and firmness or dulness will be prominent according as
Middling Upland cotton
6 ll-18d.
4J<d,
5J^d.
5 5-l«d.
the prospect is cloudy or clear.

—

Mo. 40mule twist
Clearing-House return

Messrs. Pixley
bullion market

& Abell

S^d.

9«d

9Kd.

lOd,

131.123.000 126,253,000 146,S57,0O0

97,212,000

write as follows on the state of the

Ensllsb Financial narkets— Per Cable.
The daily closing quotations for securities, &c., at London
are reported by cable as follows for the week ending June 4:

—
.

.,

June

:

THE CHRONICLE.

5, 1886.J

LonOon.

Sat.

d
SUver, per oi
OonBOla (ormoney
OonsolB for aooount
Fr'oh rentes (In Paris) tr
a. 8. 4>s8 of 1891
U.S. 48 of 1907

153g

Hon.

Wed.

Tuet.

Thuri.

Of the above imports for the week in 1880, f 16,053 were
American gold coin and $3,030 American ailver coin. Of the
exportfl diuring the same time $10,000 were American gold

Frl.

ISifl
IS^s
41!ti
11%
lOilSin xOOilio 100 »«
100»,« 100»ig
lOOSg
102 >4 XIOO^ 1001 i,n
8217>« 82-67 >« 82-37 *i
82-oa>s
iia^tt
113\ 113^8 n3'8 113i>g
128 '4 I28I4 128>4 12Sis 1283^
fiftTg
66 >a
871*
60
93''«
9514
91 ><
91 \
27 \
37 •'>8
2714
28
27 >«
III
141
141
140%
140>a
53T8
541,)
54
54 >s
Ilia
11»8
12ie
11»8
12»e
10-1»8 IIOI'b
lOSSg 105\
lOl'^g

15 >4

102
10211,

82-32 >«
11311

128 >4
65 Tg
Canadian Paoltlo
91
Mil.
A
St.
Paul....
Ohio.

ootn.

— La

Champagne, the new ateamship of the French Line
visited .on Thursday by a large numlier of invited (nieata.
veeael is of 6,800 tons register, with engines of 8,000 horse
power. The promenade deck is 403 feet long, and all the
aocommo<lationa are of the latest and most improved deeign.
Mr. Louis De Bebian, the agent here, said the vessel coat abont
$1,700,000, and is the type of five others yet to be built. She
sailed for Havre to-day.

was
The

U

26Se
140>s
53 >i
Philadelphia A Readlnfi 12
104<Vi
Sew York Central...
Erie, oomiiion Btook...

nilnols Cnntral

sm

PonMylvanIa

Dating from June 5, the steamers of the Compasnie
Oenerale Transatiantique will sail from New York every Salorday instead of every Wednesday, as heretofore.

C!P0mmcvcial mid pUsceUattCOtts Ulevas

—

Government Revenue. Through the courtesy of the Secretary of the Treasury, we are enabled to place before our
readers to-day the details of Government receipta for the
From previous returns we obtain the
month of May.
figures for previous months, and in that manner complete the
Btotement since the beginning of the fiscal year for 1885-86
and 1884-85.

liiUr'l MiK'ls

t<ym».

Rev'ue Soarc'i

*

«

OlM-

Int^^l MUc'lD Tbtal.
Rev'ue

tonu.

t

*

t

*

JulT
AUffQSt
September.
October

16,210

8,S01

2.017

86,767

17,451

17,:

0,071

1,704

18,414

17.889]

10,446

17.3161

11,953

2,003
1.B6S

28,061
20,971

November..

18,057,

0,%0

S.074

20,asi

December

14,186,

0,603
7.901

1,729
2,639

25,758

11,400
16,171

.

JaDuary....
February...

Marob

18,176

8,270
0,505

April

16,677
13.652

0,416
12.610

May

80.8.S4

81,952
25,972

15,750
11,728

0,037
10,167
8,862

30.0-(i

28,106

1,581

27.758

11.312

(
20,274

8,447

31,367

1,1

20,289

2,112

28,038

1,646

22,2.16

0,155

1,1

3,557
1,927

e,-200

2,138

12.361

2,0.36

167.184 103,250

brokers. The members constituting this firm are all well
known in this city and Chicago. Mr. Frank C. Hollins, the
senior member, has been for many years an active partner in
the firm of H. B. Hollins
Co., of this city, and Mr. E. H.
Emerson, the board member of the firm has been in the
Street as the representative of Hatch
Foote for a numljer of
years, and is thoroughly well informed upon all classes of
speculative and investment stocks and bonds. Mr. I. H. Waggoner represents the firm in Chicago, where he has had a
valuable experience in the same business for a number of years

&

past.

8.165

8.568
7,170
8,976

11,558
14.645

8,306
2.018

22,191303,633

Totol 11 moDths. 174,814 106,628

17,662

11.606
16,418
14.611

1.531

t

8,658
0,506

—

Attent ion is called to the card in The Chronioui of the new
house of Messrs. Frank C. Hollina & Co., bankers and stock

&

1881-85.

000< Omitted.

Oiu-

683

l,6-»

—Investors will notice in our columns

22,835
26,670

24.093
86,811
26.064
88.709

to-day the advertise-

American Investors' Security Company of this
The company was recently organized for the purpose of
city.
examining and reporting upon investments, and advising the
investing public in reference to the issues of bonds and stocks
in American incorporated companies. The oflicers, all of
whom are well and favorably known in this city, are Chas. H.
T. Collis, President, Logan C. Murray, Treasurer, and Henry

ment

of the

E. Wallace, Secretary.

25,000 295.131

—

Attention is called to the card of Messrs. Williams, Black
Imports ajjd EixpouTS for the Webik.—The imports of las & Co., which firm have been actively engaged in the cotton
week, compared with those of the preceding week, show an and commission business since 1866. They execute orders on
increase in both dry goods and general merchandise. the several exchanges for cotton, grain, provisions and coffee,
The total imports were $8,724,785, against $8,060,360 the pre- in New York, Chicago, St. Louis, New Orleans, Liverpool and
ceding week and $8,091,103 two weeks previoua. The exports Havre. The long experience and wide connections of this
for the week endeid June 1 amounted to $6,134,660, against house give them peculiar advantages for the transaction of
The their business.
$6,032,6.5-3 last week and $6,680,0:)9 two weeks previous.
following are the imports at New York for the week ending
Messrs. Morton, Bliss & Co. o£fer for sale a limited amount
(for dry goods) May 37 and for the week ending (for general
Commerchandise) May 38; also totals since the beginning of the of gold debenture bonds of the Iowa Loan & Trust
pany, secured by deposit of mortgages on real estate.
first week in January:
rORBION IMPORTS AT HBW TORS.
Richmond & DanTlUe.—The Evening Post of Thursday
For Week.
1884.
1885.
1886
said that the marking up of Richmond & Danville is under1883.
stood to be due to the consummation of an arrangement by

—

Dry Goods

$1,622,851

$1,747,798
6,755,040

$1,173,546
5,066,788

$1,729,355
6,995,130

which the Richmond

&

Danville has secured the control of all
the principal lines of road heretofore controlled by the RichTotal
$8,575,163
t8,502.838
$6,210,334
$8,721,785 mond & West Point Terminal Company for the sum of about
Since Jan. 1.
$3,000,000. This sum was realized by the Richmond <fe DanDry Goods
$52,432,596 $19,202,204 *40.983,492 $49,2.55,917
West Point terminal stock
Oen'lmer'dlse.. 132.959,789 133,969,2-25 111.969,265 129,777,654 ville by the sale of its Richmond
Danville has therefore
in the market. The Richmond
Total 21 weeks. $185,392,385 $183,171,129 $1.52,952,747 $179,033,601 parted with its control of the Richmond & West Point TerIn our report of the dry goods trade will be found the in;- minal, because it lias no further use for it, and consequently
there can be no interchange of the two stocks as was rumored
ports of dry goods for one week later.
West Point terminal
The following is a statement of the exports (exclusive of some weeks ago. The Richmond
specie) from the port of New York to foreign ports for the having parted with the control of its most important properweek ending June^ 1, 1886, and from January 1, 1886, to date ties, will probably not bie an active factor in any of the railroad questiops of that part of the country hereafter, though it
aZPOR-T8 FROM HBW TORS FOR THB WBBK.
has assets, which, together with the $3,000,000 from the Rich1883.
1884
1885.
1886.
mond Danville, would make it worth from 35 to 40 to wind
up.
Tor the week...
$6,415,921
Gen'lmer'dUe..

6,95-2,312

&
&

&

:

&

Prev. reported..

$5,254,394
111,711,598

137,360,640

$3,136,259

1-28,992,906

$0,134,666
113,668,060

Total 21 weeks. $143,806,561 $116.96r),992 $131,429,165 $119,802,726

The following table shows the exports and imports of specie
at the port of New York for the week ending May 39, and
since Jan. 1, 1886, and for the corresponding periods in
1885 and 1884:
BXFOSTS AND mPORTS OP BFBOIB AT KBW TORK.
Jmporf.

Sxporu.
Qold.

Week.

Great Britain

West Indies
Mexico
Sooth America
U.\ other ooan tries. .

Since Jan.l.

$2,304,274 *10,440.107
11,565,501
899,789
3,789,624
508,i"38

10,000

Week.

$
12',307

12,275

381,668

Since Jati.1.

Auction Sales.—The following were sold at auction
week by Messrs Adrian H. MuUer & Son, 13 Pine Street

thia

Sharei.

Shares.

ISEqiilt. Gas Light, N. Y..125>«
560 Brooklyn Gaa Light. 107-112'*
TEqoltabie Gas Light Co.
89-90
Long Island Ins. Co
ot N. Y. subscripllon... 93
100 Brooklyn City RR. Co...l79>«
207 L. I.sl.aud Safe Deposit Co 78
BontU.
275
20 City Bank
29 B'korNew York, ii.B.X.19Ti $1,200 Atlantic Matnal Ins.
106 "4
scrip
of
1888
Co.
40 Couaumers' Coal...$l 25 S sh.
$1,100 Buffalo City 78 Water,
200 PUt-nix National Bank. ..107
12Hi.SE
Int.
due 1892
14 Gallatin Naliouai Bank..203>4
30ij

$193,687
1,127,313

717 092
479,654
13,852
166,482
5,944

JattMtt0

un& 'gixmnci^t

United States Government and other desirable
Tetal 1886
Total 1885
Total 1884

$2,814,274 «27,561,827
112,000
6,033.120
1,310,700 37,523,085

$24,582
91.394
114,668

$2,701,021
3,367,399

Silver.

Great Britain

$163,400

Prance........ .......

Germanj
West InilleB

..'.V.

$4,520,861
185,777
28.250
86,603

Mexico
Bonth Amerloa
Ul other countries. ..
Total 1886
Total 1885
Total 1884

15,106

58.672
54,046

$178,506
172,838

$4,934,212
6,808.372

81,95.1

5.841.2.=!^!

9
3b; 149

1,224
11,242

$12,615
50,227
83,970

SECURITIES

5,288.1'.25

9
48
421,705
51,169
208,777
3,143
$684,842
727,816
1,718,511

FOR

INVESTORS.
All stocks and bmirt-i listed on the (Jew York Btook ExoUange boaght
and sold ou coinnitsHion for cash.
Deposit aooouuta received and interest alluvred on moatbly oalanoe*
Bbjeot to draft at sight.

HARVEY FISK
28

Nassau Stekkt,

& SONS,
Nbw Yoek

.

;:

.

.

;
:
::

.

THE CHRONICLE.

684

[Vol.

June 4.

DIVIDKNDS.
lite

Jfame of Company

Per

When

Bootes Otosedt

Payable.

(Days inclutive,)

Coins.

&

Bpsfon

2
3

Allrauy (qHur.)

Nortli Western, com...
pref. (quar.)
do
•Conneclicn t liiver

•Cnlcago

ifc

Do

1%
4

Easto-n (S. H.)

Old Colimy

319

Juno 3" May 30
June 2f Tune ;0
Juue 25 June 10
.Tilly
1 June
16
.lune !'
.Inly

Juno

1

to
to Ju'ie
to Jim 1
to

Fine gold bars
Fine silver bars

to

1

$4 86
Napoleons
3 86
Eelchmarks. 4 74
X Guilders
3 96
flpau'tiDoubloona.lS 55
Mex. Doubloons. .15 55

XX

27
27

Diuiesife la diiues.

WAl,l, STIIEET. FRIDAY, Juue

Z2

4.

1SS8-3

P.

The Money Market and Financial Situsition.— The"

stock

been remarkably strong ajraia this week, and the

•iparket has

highest prices were generilly

At

M._

made

to-day.

Exchange there has been a very sharp
Teaction iu wheat, under the lead of the Chicago market, and
prices fur cash and futures jumped up quickly on Wednesday
and Thursday. But the crop reports are exceedingly good
as a whole, so that the prospect for a heavy yield of wheat is
although

i,t

quite possible that the recent

is

depression, assisted by short sales, carried prices here and at

•Chioago to uni-easonably low figures.
railroads that a fair price for

-Qtherwiso

they

can

hardly

It is

important for the

wheat and corn should
get a fair

406;„»1038
95%.g95'g

prevail

compensation

for

carrying these products, and there is also less inducement for
the farmers to ship them to market.

I

I

40i«a40»,.
95'<t395''e

— i>itHit par.
— 92 a — 05
— 78 9 — 79
Do uneommerc'l. — 77 a — "S"*
— 70i2a — 72'J
Peruvian sols

Sliver Hsaud 'as.
Five francs

t>f4 90
3 90

«
•B
a

Mexican

4 80

4 00

915 65

EuKliah silver
4 t-0 ® 4 86
S. trade dollara
78 ®
83
D. 8. silver dollarh
09H9 100

•815 65

Darfli'4

— 9pisa
— 99HS

dollars..

vrem U.

99^

—

par.

—

United states Bonds. Transactions in government bonds
have been extremely limited, and there is no feature to the
market. Prices are fully steady and very little changed.
The closing prices at the N. Y. Board have Deen as follows :

the Produce

^va far excellent,

4 86 ®4 86>4
4 SSiaai 85%

—The following are quotations in gold for various coins

Sovereigns

Railroads.

4 89>«

871-2

5 I«i8a5 I7I25 1614®3 155b

Amsterdani (guilders)
Frankfort or Breraeti frninhmarlce)

Oenl.

4

.

ParlB(franc8)

foUowlng dlviaeads have recently been announced:

Demand,

Sixty Days.

Prime bankers'sterllng bills on London.
Prime oommerolal
Doonmentary commercial

XUI.

Interest
Periods.
4159, 1=91'..
..res. Q.-Mar.
4128, 1891 .
-Mar.
.coup.
48, 1007....
..reg. Q.-Jan.
48, 1007 ...
coup. Q. -Jan.
3s, option tJ. 8l-rcg-iQ-FebM
68, cur'cy, '95 .reg. J.
J.
68, cui'iy, '96 ..reg. J.
J.
6a, cur'cy, '97 ..reg.'J.
J
6s, cui'cy, '98 reg.ij. <fe J.
6s. cui'cy, '99 .Tea. J.
J.

Q

4
&
&
&

* TlilH Is

May

Hay

Jime

June

June

June

29.

31.

1.

2.

3.

4.

iim

1115g*Illl2 1111^! lllia

X)ll%[ 111% 111=8' 'lllSg

112?i

126
126

»xl25

xl24%:*125

13038
132''8

13'

M251B

%

12.M*: '12,5

1281**126181 12618! 126
'101
101 1*101
101

•a

101
•127 !ii

•

137%

'12.T

'125

xl27-'5a'*127»B 1275s '127=8
xiaO'^s "ISOio 13ili8 iao»8
xl3£% -1S2''8 13258 13'jSb

xl3i%|-135

135

'135

the price bid at tUe morning board: no sale was made.

State and Railroad Bonds.— State bonds have had a
moderately active
business, well distributed as
follows
$159,000 Louisiana consol. 4s at 774-78; $7,000 North
Carolina Gs, 1919, at llSi f $8,000 do. consol. 4s at 9.5f
$17,000 Tennes.seo settlement 3s at 72i-|; $7,000 do. settle:
ment Os at 100i-|; $19,000 do. compromise bonds at 67J-8$5,000 Arkansas 7s, L. R. & P. 8. issue at 23; $5,000 Virginia
;

There seems to be a strong undertone to the stock market,
it was reported this week that the Chicago pool had
realized on a part of their holdings, a drop was looked for,
2s deferred at 9:^which did not take place to any great extent, and prices toThe demand for railroad bonds continues and the market has
day, Friday, were higher on many stocks than at any previous been active and strong, though lackincr the buoyancy of last
Mr. J. P. Morgan is expected home from Europe next week. Most prices have improved, but the only noticeabie
time.
TK^eek, and if he takes an active part in pushing the Reading activity has been in Erie 2ds ex coupon, which have advanced,
though somewhat irregular in tone. Texas & Pacific Kios
.plan, or in eflfecting a settlement of the diiiiculties between the
h ve also been very strong, and higher.
Nickel Plate bondholders and the Lake Shore Company, it is
he closing prices and range of a few leading bonds are annexed
for after

possible that his presence

The open market

rates

may be

stimulating to the market.

for call

loans during the

Closing.

week on

stock and bond collaterals have ranged at 1J@3 per cent, and
*o-day at li@3J per cent. Prime commercial paper is quoted

Name

Hay iS^Junei.
S. Y. L. E.& West.—
2dcuu8ol. 68,ex. June, '36, cp.

Fundi^d coup. 58
3i@4J per cent.
West Sliore, guar. 4s
The Bank of England weekly statement on Thursday showed NorMiem Piicillc, 2d 6s.

^t

a gain in specie of £94,000, and the percentage of reserve to

Range since Jan.

1, '86.

of Bond.

coup
East Tenn. Va. A Ga. 5a,tr. rets.
Houat. & Tex. C. M.L. 78,cp.ofl'.
.

9018

921s

92
102 'a'
98 14

IO3I8
«9l9

87^8

113%

90

—67-_
88

Lowest.
76''8

Jan.

77 14 Fib.

lOm Jau.
91

« Jan.

6.*ii4

102

Jan.
Jan.

Highest.

P314 June
96I4 Mar.
Jan.
9913 June

104
88

June

11314 June

May
was 36 11-16, against 37 7-10 last week; the discount
53I4
55 14
451^ Jan.
Juue
Texas &
unchanged at 8 per cent. The Bank of France
391$
34
May
Feb.
do
inc.& 1(1. gr. 78.
361a
•69
*69
60 May
Jan.
Clies. & O. 68, ser. "B," cp. off..
gained 075,000 francs in gold and 175,000 francs in silver.
29
4
cur. 68
25
May
Feb.
Do
do
Us
281fl
61 Mar.
44 Jan.
56
57
The New York Clearing House banks, in their statement of Wabash gen, m. Os, trust rec
* Bid price; no sale.
May 39, showed an increase in surplus reserve of $29,425,
Railroad and Miscellaneong Stocks.— The stock market
tiie total surplus being |1 3, 830, 600, against 113,801,175 the
opened the week last Saturday with a strong tone, and prices
previous week.
advanced quite materially, led by the grangers, the advance
The following table shows the changes from the previous being shared in, to a greater or less extent, by all stocks on the
week and a comparison with the two preceding years in the list. The strength was continued on Tuesday (Monday being
a holiday), and prices further advanced, quite a buoyant feelaverages of the New York Clearing House banks.
Do

iiabilities

do

gin. mort., Hb
PaclUo Rios, 6s. cp. off.

70

.=

rate remains

May

70
56
42
88

Since then, however, there has been considerable irregularity; rumors prevailed of rate-cutting among
the Western roads, and although this had no decided effect,
it aided the reaction which wis brought about by the selling
Some pressure
of siieculators to realize profits on the advance.
was brought to bear on certain stocks, which gave the market
an irregular tone, some stocks advancing while others declined.
The granarer stocks have been most conspicuous in the speculation. Northwest leading the advance in the early part of the
week; but latterly the Omahas have loomed into prominence,
and have steadily advanced, not sharing in the reaction to the
extent that the other prominent stocks have.
Lackawanna, too, has been active, strong and irregular,
declining somewhat from its early advance. The other coal
stocks have been comparatively inactive.
An important movement has taken place in Richmond
Last week the highest price was 108 and this week
Danville.
it sold at 130, though there has been no great activity in sales.
The advance is said to be due to the acquiring of the stocks of

ing being apparent.

1886.

May

Differ'nces fr'nl
Previous Week.]

29.

li^ansanddls. $341,540,500 Dec.
6M,510.800 Dec.
Specie
7,8.51.700 Deo.
Circulation...

1884.

May

3

)

*588,700 $i93,14(i,20n fl09.B48,800
3(J2,20J

18,300
444,100

Net deposits..

365.24-.',000 uej.

Legal tenders.
Legal reserve

Reserve buld.

35,624,300 tuo.
$91,310,500 Dec.
105,111,100 Dec.

8111,025
81,600

Barplne

»1 3.830,600 Inc.

$2>,425

Exchange.

1885.

May 2S).

220,tiOO

114..",OI,''00

45,'J85,600

10,3<i4,l0O

14.37k.',S00

361.48 ;,i>oo
36,638.400

2B8,-J61,<00

»90,370.975

$72,'i9f>.32.=i

151,13i>,U00

70,114.70J

21,129,100

$6^i,'^68.92-t df.$1.075,fi25

—

Sterling exchange has been very dull all the
but rates remained steady until to-day, when posted
rates were reduced i cent, to 4 87i and 4 89i. A small amount
of gold is shijiped this week, amounting to |503,478.
To-day the rates on actual business were as follows, viz.
Bankers' 60 days' steriing, 4 86J@4 87; demand, 4 88 J ©4 S9.
Cables, 4 89 @4 SOJ.
Commercial bills were 4 851© 4 S.JI.
Continental bills were
Francs, 5 17i©5 18J and 5 15@5 loi;
reichmarks, 9.5|@9oi and 95i@95J; guilders, 40i@40J ana
•week,

:

40i@40i,

The following were the rates of domestic exchange on New
York at the un ler-mentioned cities to-day: Savannati, buying
1-16 premium, selling 3-16@J premium; Charle.ston, buyini;
Boston, 20@3.5
1-16@J premium, selling 3-16@J premium
;

premium; New Orleans, commercial, 50 premium, bank, fl 50
premium; St, Louii, 75 premium; Chicago, 25 premium.

The

rates of leading bankers are as follows

:

&

&

West Point Tercertain roads controlled by the Richmond
and to some deal going on between the R.
minal
D. and the Terminal Company. This also led to an active
movement in R.
W. P. stock, which advanced sharply.
Nashville declined on Thursday in consequence of
Louisville
an unjustifiable attack made upon the company in some of the

&

Compmy

&

&

newspapers.
To-day, Friday, the market was again quite buoyant, the
Omahas being specially active and strong. Tue highest prices
of the week were made in manv instances.

'

. ...

June

..

1

THE CHKONICLE.

5, 1886.J

685
if»

NEir TORE STOCK

EXCHANGE PRICES FOR ITSEK ENmNfi JVNE

Saturday,

May

KR.

Stock*.

-64 M

C^nHflian Ptu'ltlo
UuuHilu HoutluTii
CfeHti-iil ttf Ni'W Jersey..,
Central Piiclllu
CbesHiu'iike
Jjo

Do

*

Hiirliiiictoii

10

Do

en

1.

n.'SiR

40

40"4

39 14 39 >4

52 :S

51i>»

52>6

4(t'8

lO's

9

4m
9

5114

4014

40%

10

1014
•10

lull
11

*15i«
•10l«

161a
11

9

St.

Paul Minn.

& Oin

11(1

i

13lia 13-1%

140 140
132>sl34

12l!>9

113
141

92% 93%' 91% 92 'm
1221s 122 la •122 122'..'
113 1137e Ill's 11314
141
14Ha 141 142

Vjr)\i

126

12(1

126

12(i

11

11M!:»1
.">0>3

A

Clevelii nrt Col.Cln.
Indlanap.
Colunil>Hi< Ilockiiiii Val. iVTt^.
I>eluwar** Lackawannai^ Wp.8i
DenverA RioCJ.. u-^acssmt p<i

Bast Ttnui'Bseu

\'b.

Do

& Oa
pref.

BliioiulnRt'n

II ;i

lOiio

-St.

A West'ii

21
12n8
81

Western

Luke Slmre & MicU. Southern.
LoD^ Island
Louisvllk'& NasbvlUe

21

12%
821;:

3738 38-is
3713 37111
1271a 127=8

Loui!!. Now All). & ClilcaKO..
Mauliattaii KU-vatid, oonsol.

Memphis A Charleston
Mielik'an Central

Do

07
D2i3
*20

pref.

Mlnnrapolla

Do

& St. Louis

45

pref.

Missouri Kansas
Missouri PiK'iflc
Mobile Si Ohio

Si

20%
4514

2718

Texas

67
03

108

28
109

44I4

51
52
51
51
34I4 35
33^8 34%
130 14 13118 12938 1301s
*25
25% 25
25
lie

II4

3

3

lis

1
2'8

83% 83%
341a

3415;

'82
ll>a
•311a

138

23 13 21 >4
1218
8238
91

91

38%

3914

•37
127

123j

833s

39

66 '8

71
67
93

23
12
8lia
9113
371a
37'8

27%

S2is
9lia
38I4

38
71
6978

92%

28I2

11%
351s

I27I3

71
67

21
21
40i« 461a

3
85

138
23
12

I27I2 127

93

9314!

20 13 201s
451s
27I4

45%
27%

108 13 109 14 108 14 108 78
I314 I3I4 *13
14

Na«hv.CliatlaTioogaA.''t.l.oui8

New York Central A: Iludsou.j
New York Chic. & St. Louis.
Do

pref

New York Lake Erie A West'u
Do
pref
New Y'ork & New England,,
New York Ontario iM WeBtem
New York Susii. Western.
<fe

Do

Norfolk

&

pref.

Western.

Do

pref....

Ohio Central
OI1I01& Mississippi

Ohio Southern

7%

7'6

I714

25'8

I714
SO's

59 14

60

3718
17'4
7

I7I4

22
12

,

Ills

32

117e
321s

66%

57I2

2514
56»&

26
57

138

lis

lie

2238

221a

22%

lie
2314

10

16

15^8
30'8

IS's
3112

311a
2314

45
4578
4514 45I4
10814 10s 38 10778 10778

59 14

24
70 14 771a

97%

99I4

PacitleMail
Pullman Palace Car Co

53

531-^

1321a 133 1<2
61=8 O214

143

143

1081a

108%

60
124

00
127

Inactive Stocks.

Harlem

8

8H

•981s 100

61
17 14

150
220

17 14

150

Do

New

Central Coal

Ontario Silver Mining
TennesKee ( ;oal A Iroii
'

22 7t
120

21

21

112
112 112
115
115 115
40 14
39% 393^
lOia 10"8
10
1078
5238 52 73
51% 5;'
I514

1 53^.1

1478

25 13

26

25% 25%

23%

2II4

i

23% 24
77% 78 14
9714 98%

99% 99%

98% 99

20
53
133
61»8

141

8

.54

133
6238

141

5258

pref

35
89

Y8'i4
20lfl

19'b
2018

6136

140

8
IOOI4

11

11

10% 10%

19

18

33

33

"63'

"63"

33
ISO

109

109
210

209

24

96%

20

25%
77%

24% 24%

977e

97% 98%
99% 100%
52% 53%

93% 99
61% 53

53I4

'132% 134
61% 62

62
143

140

10%

77

134
615$

775s,

134
63

144
106

107% 109%

140

144

02
128

•60
125

62
128

14
18

I

18

18

12
•17

13
19

33

150% 150% 150%
106

63% 63%
(220

'220

•10

1'^

38
7

fM2,

13

4

6R>4Jnn. 14
45% Feb. 17
.",71- Mar.
3

Mar.
.May
Apr.

H% May

3(1(11

UWg

•7
•7%
758
758
8
•99% 100% •99% 100% •99% 100%
65
61
65
65
65
65

18

"20'

17

41(1

2,94.->

%

•15% 17
•10% 11

Pel).

34% May
42% Jan.

b.
n.

1

8

:

11

l..:4lVh. 13

1

x747a

132% 134

11%

160
65
30

S.SHj

HIgbeat.

I40%140%{
14u5a
330 13'< May 17 144 Feb. 12
133
133
133% 134
2.999 12M% May 15 140 Jan. &
0018 92 14
9iaiB 92% .30n.435i 8258 May
4 90!% Jan. 2
12218 122 1« 121
122
1,315 110
May 3:125 Mar. 8
113 ll3>fl 113 IMI4 140,253 10414 May 4!] 14% June 4
112 142
140% 140%
596135 Jan. 18 142 Mar. 2
125 1251a 124% 124%
9.50 120% May 14 131
Feb. 17
10% 11
4(K>;
0% Mar. 24| 15% Jan. 5
29% 29%
Kill 26% Mar. 24 35% Jan.
!i
43'6 4514
4478 48
132,7251 35% Mar. 24' 48 Jnno 4
lOSij 109'% 109% 111
22.HHO' 97
Mor. 24:111 Jnne 4
50 14 51
501a 51
1,700 43% Mar. 24 00 JBD. 2
3378 35
34% 35
35,0.53 2678 May
3 38% Feb. 17
l2Sis 130
128% 130 164,090 115 Jan. 19 135^4 Feb. 13
~
24% 24^8
4(Hli 21% May
Jan. 7
4 26
% 1
I
1
1 2,908
% Juno 3 6% Jan. 2
*2
213
3
2'e
3,830
2 May 61 11% Jan. 2
•82
85
84
84%
400 67% Jan. 29 86 Apr. 6
20
20
100 15 May 4 25% Feb. 1
111
11% 12
1,835
8 Jan. lo| 1338 Apr. 19
100 25 Mar. 231 30 Jan. 6
137% 137%
250 136 May 4il43% Feb. »
22»8 22^8
2278 23%
3,050 20 May 4i 2878 Jan. 5
•II
12% 12%
121a
2,380
8% Mar. 24' 18% Jan. 5
8II4 8218
81% 82% 94,229 76% May 3' 90% Feb,
•91
92
92
93
1,409J 80
Jan. 20 94% Mar. 8
36I4 37%
37% 3776 39,525' 3358 May 3 457g Jan. 4
•37
381s
3001 32
Mar. 25 41 Feb. 1
127% 127^8 127% 12778
1,435 120 Jan. 2 129% Mar. 31
29 May 19 38% Jan. 4
71
7:
71% 72
2,945 61 % May 4 76% Jan. 2
71
71% 7II4 71% 2,074 22 Jan. 28 71% June 3
93% 94% 93% 94% 2,900 50% Jan. 181 94% June 'S
2014 20%
20% 2I»b 4,850 16% Mar. 241 22% Apr. 14
45
46
44% 47
6,510 40% Mar. 241 51% Jan. 4
2058 2/68
26% 28
39,74
21 May 3' .32% Jan. 2
108»8 109 14 108% 109% 21,377 100% Mar. 24 1143g Jan. 11
*13
14
100 11 May 221 17 Jan. 5
48
48
43% Apr. 29; .50 Jan. 7
102% 10258 102 10278 25',6e9 98% May 4;i07%Feb. 13
•7:19
75s
831
4% Mar. 24 10 Jan. "
77e
77a
I6I4 16 14
16
17% 2,410 11 May 4 23 Jan. 5
20% 27
26% 27% 79,668 22% May 3 2878 Feb. 17
59% 60% 60
00% 4,680 50% Jan. 18 64 Mar. 3
37% 37% 37% 38% 8,265 30% Mar. 24 4338 Jan. 28
1678 17
1758 18
1,206 15 May 3 21% Jan. 4
7% 7% •7
7% 1,000 6 Feb. 1 8% Jan. 2
2114 22
21
2138
800 17% Jan. 25 24 Feb. »
12
12% 3,150 8 Mar. 25 12% May 2»
32
32% 33
33% 11,090 25 Jan. 25 33% June 4
25% 25% 25% 26
4,410 22 May 4 29 Jan. 2
5578 5658
5638 57% 12,863 53% Mar. 27 6178 Jan. 2
'8
1
2 Feb. 4
0,525
7e June 3
2238
22
2158 22%
3,205 1938 May 3 26% .Mar. !>
15% 15%
500 13% Mar. 24 19 Jan. 4
30% 31I4 31
32% 26,48 25 Mar. 24 34% Jan. r>
23
23
22% 225s 2,380 16 Mar. 24 25 Apr. 12
2238 2256
22% 23
6,995 18% Feb. 5 31 Mar. 8
122 130
120 120
2,290 75 Mar. 1 130 June 3
29% 3338 31% 33% 28,975 27% Apr. 6 38 Feb. 2
4% 4%
4% 4%
200
338 Jan. 10
Feb. 15
20% 20% •2034 21%
300 17 May 5 23% Jan. 25
43% 44
44% 46
7,100 37% M.'jy 5 48% Jan. 7
1(!7% 108
107% 107
May 27
1.291 97
M.'iy
5 109
57
58
58
59
1,080 37 Jan. 18 67 Apr. 12
111% 112
112 1125i,
430 99% Jan. 26 11259 Jnne 4
115 115
950 106% Jan. 19 11878 Feb. 25
39
3938
39% 40
2.700 30% Mar. 17 41 % Apr. 24
10% 11% 10% 11% 42,020 7% .Apr. 30 1458 Jan. 2
51% 52
51% 5338 45,891 44% Mar. 24 5638 Jan.
14% 145fc 14% 14%
1,025 12 May 14 1536 Jnne 1
"23% 26
26
26
1,325 233d May 20 26 May 25

107 109
107% 109% 106
•60
60
61% 61% 90
126 126
125% 126
125
100

2.53H1 01
22.21<|i

1886.

^

1478

77% 80
98 '4 99

*H

•30

29%

57% 58%

59%

110
115
40

210

Rome Wateitowu A Ogdengb'g
Cumeron Coal
Homestake Mining
Maryland Cnal Co

120
29 «8

22
120
29

220

106"4 IO6I4

Qaleksilver .vilulngCo
Do
pref
„
Rensselaer A 8 iratoga

Louis Alton ATerre Haute.

59-18

231s

61

Oregon Short Line

St.

23I4

40

107% 107%

gs's

New York Lack. A Western."
New York New Haven A Hart.

31

22%

•21

9818

Cincin. Ind. -St. Louis A Chic..
Cincinnati Sand. A Cievetend.
Cleveland .v Pittsburg
Dubuque A Sioux City

3OI4

22

*23ia

AtlantlcA Pacitlc
Boston A N. Y. Air-Liue, pref.
Canton Co
Cedar Falls A Minnesota
Central Iowa

221s

22
45

Delaware A Hudson Canal...
Oregon Improvement Co
Oregon Railway A Nav. Co..

"

114

22

29S6

113

mtsceUaneous Stocks.

DnltedStatcs
Wells, Kargo ACo

23 14

lig

281a

112

5914

American

58

23
23
113
29

24

pref

Kxprctm Stocks.
Adams

*2H4 22

26%

Paul Mlnnenp. A Manitoba. 115 115
39I3 39%
Southern PaciHo Co
Texas A PaciUc
91a lOSg
Union Paeilic
51 1» 5'.Wab. St. L A P., P.Com.rcpts
I514 15I4
Do
25
25
pref

Western Union Telegraph

3736
1738
718

12

I2I3

Bt.

Colorado Coal A Iron
Consolidated Gas Co

7

61

2238

30%

A DiUuth

71a

71s

17
2714

3338

2314
231a

Do

7

102%

33
26
57 14

Oregon & I'raus-t'ontiuentai.

Paul

7
22

10278 103I4 loa
7
7
71s
171.1 17S8
17
2714 27i«
26%
(U>
601a 61
87I4
3714 37%
1738
2238
12

Peoria Decatur Evan.^ville.
Philadelphia & Reading
Richmond A Danville
Richm'd A West P'ntTerminal
Rochester A Piltshurst
St. Louis ASan Francfeco
Do
pref
Do
Istpref
8t.

37%

32% 333a
25% 26

pref...

Northern Pacific

Do

I

1021s 10278

60%

39% 42%
52%

M%
4038

LOWMt

1,

I

42X8

44

108% 10718 109 'a

6914

& West

Lake Shore

43I8

108

'Idas

"li'ii

iifii i37'a

mini. is ceiilral
iBiU.i

50%

3^14 33Ss
128*1 I3014
*23
2r
1
lie
3
3
*82
85

EvansvilleiTiTre Haute
Port Wurth ^ DCMverlity...
Grfen Hay Wlnuiia&st. i'aul.
^cm^tml ill Texas Uoutral
La ke

43>s
IO7I2

9
15'4
lOis

Weak,
SbarM.

4,

188«.

1,

I

llO:«i

4138

pref.

9
15'4
loio

flls'

pref.

Do

Juno

(11%

10

l'2-2

111
125
II

pref

Do

Mil.

Juno

ajSg
4|ia

133>a i;<l>s
01 'a *''^%

Clilcas'" Rocli Island APacltic.
CUicaKoSt. Louis* Pittnlnirit

CUcacu

31.

140

& Qiiiney
pref.

Do

May

Friday,

JAN.

RsxKe ilDM Jan.

Salea
of tlie

Weduadar,! Thanday,
Jnno 9.
Juno 3,

TneiMlay,

65
41

Alton

& Northwestern

Cblcagu

Monday,

52%

"*8'«

Milnuukce ii St. Paul.

CliicaKo

6i^
3i)is

Istpref...
2diire(

Chicago

:>!).

51^

& Ohio

Ohicafio

AND SINCE

HIGHEST AND LOWIIST PRICES.

8T0CK8.

Active

4,

107% 107% 107%

208

4%

•19

25

32

69
27

89
21

65
30
89

19% 20%

22% 22%

160
65

12
12

II

II

20

12
29

40

40

no

These are the prices bid and aaked; no sale was made at the Board.

6.1%

64%

29

29

19% 20
20% 21
•10
•10

12
12

70
29

70
29

19%

19 7e

"li" "li

2,9.30

20,313
12,.545

100
4,367
24,324

no

56,850

21

May

4

27% Mar. 12

Feb. 8
747b June 3 111
87% Jan. 18il08%Feb. 18
18 Mav 13 31% Mar. 8
93 May 4 108% Jan. 5
49 Feb. 23 67 Jan. 2
28 May 3 13778 Feb. »
60% May 19 7578 Jan. 9

85 141 June 1150 Feb. 12
271101% Jan. 28'l08%May 29'
275 51 May 15 66 Feb. 26
55:119 Mar. 26 126 May 28

7 May
89 96 Apr.
600 53 Jan.
250 11 Feb.
855 13 Mar.
70 Jan.
230 33 Jan.
194 146% Jan.
298 (10% Apr.

1,235

41

9% Jan. 5

3il01

65

35
152
67

121 213% Mar. 31 1220
109 100% Jan. 20 109
ISO 204% Jan. 18'21l
350 19% May 81 20
100
4% June

20
100 155
169 25
811 27

86
9
400 17
250 978
100
9
120 29
100 3S

16,093

May

Jan.

a»

June S

14% Mar. 2
22% Jan. 5
85 May 14

25%

Mar. 16
Mar. 5
Mar.
Mar.

Jane
Mar.
Mar.
Jan.
Jan. 13

A or.
May

May IS
June 4
Feb. 3
Feb. 16
Jnno 1
Jan. 6
10% Feb. IG
15% Fob. 15

Apr.
Mur.

29
50

Jan.

105

,Tan.

70
46
95
21
23

June
Jan.
Jon.

Mar.

Apr.

1

Miu-.

1

. ...

,

1

THE CHRONICLE.

686
Railroad

Earnings.

Latest -Earnings Reported.

Bo ADS.

Week or Mo

1886.

New York
Jan. 1

1885.

to

Latest Date.

1886.

[Vol. XLII.

City Bank8.-The f oUowing statement shows the
Banks of New York City
^ for the

condition of the Associated

week ending May

29, 1886:

1885.
Avtrage Atnov/nt of—

Atoh. T.&8.F.. April.
Bait. & Potomac April
Euff.N.Y.<fc PliU. IthwkMay
Buff. Rocli.&Pitt 4thwk May

Bur.Ced.K.&No. 3iiwk May
Calif or'aSoutU'ii 2d wk May
Canadian Pacillt 4thwkMav

1,261,479 1,297,825
109,183 130,336
69,300
60,800
14,002
28,354
49,233
53,993
13,628

4,490,441

4,824,406
445,488
868,886
448,056
1,104,726

410,58^
973,651
431,768
977,582
196,315
3,218,581 2,617,965
497.259
480,565
1,189,726 1,069,781
262,936
213.318
493,971
475,476
2,715,593 2,899,552
5,440,410 6,233,509
657,109
625,588
8,575,000 8,746,459
7,998,432 8,028,154
2,026,513 1,880,711
494,775
447,124
1,006,413
970,348
995,657
934,350
434,120
426,882
244.063
289,851
193,990
163,227
159,965
126,096
717,675
683,784
180,482
174,760
98,505
89,445
892,575
827,161
691,651
711,118
62,167
60,322
2,304,04^ 2,207,096
279,458
263,671
121,097
134,610
429,646
411,595
1,286,817 1,340,878
260,812
257,770
843,958
724.331
109,797
110,437
5,814,379 5^53,412

271,000 214,000
28.778
22,4.52
317,162 290.002
Ellz.Lex.<feB.8. Ajiril.
65,743
55,688
Ches. O. & 8. W. .\pril
124,071 119.244
Chicago <& Alton 3d wk May 155,465 155,701
Chic. Burl. & Q. March
2,223,414 2,639.110
Chlo. & East. ni. 4thwk May
36,434
30,354
Chlo.Mll.&St.P. 4thwklMay 624,000 618,786
Chlo. & Northw. 3d wk May
464.700 437,500
Ch.8t.P.mn.&0. 3d wk May 102,600 105,600
Chlo. & W. Mich. 3d wk May
24,331
24,128
Oin.Ind.8t.L.&C. 4th wk May
65,932
59,575
Cln.N. O. &T.P. 3d wk May
45,638
39,035
Ala. 6t. South. 3d wk May
18,477
13,388
N. Orl. & N. E. 3d wk May
8,757
9,175
Vioksb. & Mer. 3d wk May
7,780
5,108
Ticks. 8h. & P. 3d wkMay
2,944
4,725
Cln.Wash.& Bait 3d wk May
33,825
26,983
Clev.Akron&Col Hd wk May
10,120
9,983
Clev. & Cintou. April
27,336
22,773
Clev.Col.C.Atlnd March
314,322 290,145
Col. Hock.V.&T. April
165,730 166,851
Danbury <fe Nor. April.. ..;.
16.559
16,230
DeuT. & Rio Gr. 4thwk May 160,143 150,106
Denv. & R. G. W. April
68,000
68,082
Des. Mo. & Ft.D. 3d wkMay
6,077
7,297
Det.Lans'gtfe No. 3d WkMay
21,1'20
19,913
E.Tenn.Va.&Ga. April
277,376 276,698
Evansv. & T. H. 3d wk May
14,675
16,108
nint & P. Marq. 3d wk May
45,301
43,776
rt.Worth&Den. April
35,582
30,923
Grand Trunk
WkMay 22 310,221 275,151
Gr. B.W.& St. P. .March ....
35,404
25,351
GulfCol. &8. Fe. April
157,62
85,136
593,385
356,775
m.Cent.(m.<fc8o) 3d wk May
198,000 215,467 3,714,912 4,136.879
Cedar F.&Mln. 3a wk May
2,400
2,123
56,230
43,058
Dub.&Sioux
3d wk May
16,000
16,693
318,500
311,020
la. Falls cfcS.C. 3a wk May
11,600
13,020
214,504
221,872
Tot. Iowa lines 3(1 wk May
30,000
31,836
589,233
575,951
Total all lines. 3d wk May 228,000 247,303 4,304,145 4,712,830
Ind. Bloom.* W. 3d wk May
41,728
43,900
878,775
854,166
Ind. Dec. & Spr. April
26,118
19,456
124,977
105,088
K.C.Ft.S.&Gulf. 3d wk May
42.150
42,344
920,748
993,362
Kan. C. 8p. & M. 3d wk May
28,302
28,848
525,969
683,301
Kan. C. CI. & 8p. 3d wk May
4,024
78,953
Ii.Rk.&Ft.Smith March
49,517
46,508
141,149
144,459
L.Rk.M.Riv.&T. March
28,522
26,664
88,405
91,310
Lone Island
4th WkMay
61,559
55,134
930,942
885,187
La. & Mo. River. February.
37.677
46,829
73,417
91,992
Louls.Ev.&St.L. 3il wk May
13,802
292,909
Louisv.&Nashv. 3d wk May 249,810 254,970 4,913,037 5,449,217
Louisv.N.O. &T. April
94,470
86,161
521,468
393,949
Maine Central.. March
242,550 221,564
616.726
590,483
Mar.Hou^h.& O. 3d wk May
29,600
25,766
199.540
127.162
Hem. & Charles. April,
96,287
98,994
432,856
450,759
•Mexican Cent'l. 3d wk May
70,300
69,185 l,471,03i: 1,496,636
*Mex.N.,aU lines April
147,828 131,680
544,417
532,467
Mll.L.Sh.&West. 4thwkMay
69,49
31,200
693,118
457,167
Milwaukee & No 3d wk May
10,930
11,610
228,077
211,723
Minn'ap. &8t.L. March
142,712 164,213
337,099
399,937
Mlnn.&No.'West. March
31,223
Mobile* Ohio.. May
135,365 122,653
722,495
808,212
Nash. Ch. ASt.L. April
172,812 165,381
730,333
712,023
K. Y. Oity&No. May 21-31
17,439
13,524
207,114
158,423
N.Y.L.Erie&W.. April
1,418,702 1,201,648 5,385,239 4,661,111
N. Y. Pa. & O. April
474.490 393,18'! 1,812,392 1,563,957
K.Y.&NewEng. April
314,504 262,102 1,174,525
982,553
iN.Y.Ont.&W.. 4thwkMay
33,116
31,584
452,479
438,3.55
H.Y.Susq.&West .\pril
87.316
90,332
332,527
320,600
Norfolk & West May
208,425 179,247 1,193,987 1,031, «83
Northern Cent'l. April
411,397 450.010 1,702,628 1,726,635
Northern Pacific ,May
952,839 901,100 3,879,009 3,593.923
Ohio & Miss
April
270,198 288,964 1,124,56^ 1,198,734
Ohio Southern.. April
34,018
38,809
161,733
143,055
Oregon Imp. Co. March
186,029 225,527
565,435
669,501
Oreg. R. & M. Co. 3d WkMay
100,592
66,407 1,605,998 1,305,093
Oregon Short L. .March
172,024 117,671
389,604
308,689
Penns.vlvanla... April
3,862,617 3,704,890 14,735,483 13,693,486
Peoria Dec.&E v. 3 wks May
34,499
32,435
Phlla. &Erie.... April
266,148 246,7 9 1,008,644
937,396
Phlla. & Beading April
2.177,972 2,343,973 8,478,916 7,904,486
Do C. & Iron April
1,093,605 1,179,970 3,816,117 4,048,850
Btohm'd &DanT. April
310,800 301,097 1,358,3.54 1,297,202
Ch. Col. & Ang. April
54,467
52,828
285,047
289,993
Columbia* Gr. April
41,162
39,481
263,420
251,161
Georffia Pac.
Apiil
62,377
49,853
251,176
216,875
Va. Midland.. April
127,604 124,094
440,654
449,587
West. No. Car.. April
39,845
161,94^
36,656
141,509
EomeWat.&Og. March
152,827 123,287
395,088
330,692
St. Jo. & Gd. Isl. Ithwk May
27,700
15,637
458,630
425,215
St.L.Altor.&T.H. 3<1 wk May
24,989
17,639
414,791
460,155
Do Branches. 3d wk May
11.620
11..504
252,595
285,816
Bt.UcfeSan.Fran. 4tliwkMay
126.800
98,341 1,667,007 1,647,625
Bt.Paul&Duluth 4th wkMay
37,026
25,578
423.659
345.070
BtP.Mln.* Man. April
611,700 712.408 2,033,959 2,145,761
Bouth Carolina.. April
71,582
68,846
399,948
424,373
Bo.Pac.Comp'yGal.Har.&8.A March
175,584
225,918
578,750
674,079
G.W.Tex &Pac March
2,742
13,146
Louis'a West. March
45,637
51,932
142,039
143,6.j3
Morgan's f.&T March .... 332,618 338,715 1,050,322
971,673
N.Y. Tex. & M. March
7,314
29,104
Tex. &N. orl. March
63,224
75,543
215,289
220,.573
Tot.At.System March
627,120 692,108 2,028,650 2.009.978
Tot. Pac. Sys.. March
1,782,002 1,583,230 4,845,089 4,722,472
Tot. of all
March. .. 2.409,122 2,275,338 6,873,739 6,732,450
Texas & Pacific 2d wk May 100,346
80,000
Tex. & St. Louif 3d wk May
19,403
13,945
472,442
348,390
Tol. A.A. & N. M April
20,705
20,363
Central Iowa... 4tbwkMay
Chesap. & Ohio. April.

!

. .

Bank!.

.

Union Pacific.
March
1,954,208 1,975,517 5,0'i7,378 5,2'i4,416
Wab. St. L. & P. 3d wk May 221,894 190,533 4,560,837 4,432,432
rWest Jersey. .\pril
102,366
94,208
325.932
303,677
Wlsconfiln Cent'l 2 wks May.
51.568
53,712
495.681
523,.306
.

"

MnjLiCHii ciirreiicy.

t Figures have been adjusted fo as to make the basis of comparison
the same in both years, the earnings of West Shore trains in 1885

having been eliminated.
}

And branches.

9

New York

11.840.000

Manhattan Co

8.881 ,000

Merchants'
Mechanics*

America
Phenix

aty
Tradesmen's
Falton
Chemical
Merchants' Exch.
Gallatin National..
Batchers' & Drov..
Mechanics' & Tr..

Greenwich
Leather Manuf'rs.
Seventh Ward
State of N. Y
Amerlc'n Eioh'ge.

Commerce
Broadway
Mercantile
Paclflo

Republic

Chatham
Peoples'

North America

...

Hanover

— ....

Irving
Citizens'

Nassau
Market

.

...,.,

Nicholas
<& Leather..

St.

Shoe

Com

Exchange...

Continental
Oriental
Fmporters'i Trad.

Park
North River
East Kiver
Fourth National..
Central National..
Second National..
Ninth National,
First National

Third National ...
N. Y. Nat. Bioh..

Bowery
N. Y. County
German..\meric'n.
Chase National...
Fifth Avenue
German Exoh'nge.

Germania
United States
Lincoln
Oarfleld
Fifth National....
B'k of the Metrop..

West Side
Seaboard

"...

Sixth National...

Total

S.

~»

1,240.000
661.000
1.804,700
1.071.000
1.103.500
305,000
2,678,000
320.200
144,600
979,400
488.200
656,100
262,100
266,500
135.500
372.100
171,700

10,860,000
9,:86,000
8,377.100
7,542,000
10,317,000
2,511,000
13,587,000
2.095.700
1.762.100
23,874.700
8,654,800
6.061.700
1,930.400
1,712.000
1,216,700
2,804,600
1,302,800

e.iS.f^OO

S.7i!8,800

1,739.000
1,360,100

12.902,000
12,782.800
6,087,300
7,167.100

6'J3.500

716.600
213,900
688.600
568.200
203.600
628,000
671.000
286,500
383,300
351,300
312,600
147,800
371.000
420.100
498,100
268,600
1,105,000
1,531,500

306,000
167,800
1,920,900
1,253.000
214.000
57i).100

962,300
576,500
202.700
286,900
366.100
217,300
471,500
58,800
280,000
360,500
92,800
360.500
133,000
148,200
307.400
268,300
164.900
119,400

46,000

45,000

260,bo6
"90,000

79,200
606,700
187,600

2,600
445,700
44,100

885,600
45,000
44,800

2.83',!.800

7.297.100
4.603,900
2,141.800
4.251.800
11,013.200
2.910.000
3,1-4.100
3.240,900
2.797,300
1.839,100
3.678.000
4.881.700
6.232.100

369,500
45,000
180.000
281,600
238,100
4'36i800

4S7;i00
49,506

2,11)6.000

22.676.300
24,16^,500
2.280.000
1,122.100
19.590.000
9.166.000
4,020,000
5,192,900
17.772,900
5,065. SOO
1,863.200
2.370.400
2.905,600
2,447,100
4,157,100
3,679,300
2,926.500
2,630,100
3,879.800
2,807.500
l,6il6,900

1,561,300
4.415.000
2,069,000
1,872,200
1,980,300

9'75",9O0

45,000
223"60'0

180,000
139,000
34,000
45,000
386,900
178,300
223,600
180,000

46,000

45,000
43,700
45,000
111,000
16,000
176,000

341,610,600 69.616.800 35,621.300 365,242,000

The following are
1886.

Oirc^lla•
turn,

other

than V.

$

1.330.000
1.653.000
631,000
982,000

8.187.7O0
,8,604.000
11.385.700 l>43ii,100
2.762.000 . 325.000
9,228,500 4.121.400
2,352.200
259.800
,1.327,700 ,„ 889,900
17,5H3.600 10,217.200
3,006,400
55.'),200
6.0.S6.200
911,500
1,872.800
287,900
1,506.000
113,000
1.204,400
125,900
3,214.100
528,600
1.192.000
320,300
3.742.800
48,400
16,341.000 1.785,000
17,913.200 2.123.500
8,121.100
949,200
B.316,200 1.266,100
2.274.800
643,000
6,914,300 1,435.300
4,131,500
773,500
1,667.800
188.600
3.308.700
39a,8IM
9,666.600 2.488,100
3,010,000
429.000
2.673,700
616,700
2,779,200
232,500
3.260.400
414..f00
1,976.000
256.700
3.351,000
591,000
6,693,300
655.600
4,680.000
797,700
1.9tl0.000
398,800
20.114,600 4,828,300
10.76».300 4,369,100
1,826.000
168,000
1,238,100
209.100
18,136.200 3,509.600
8,637,000 1.232.000
3,364,000
802,000
4,771.700
884,800
17.148.700 4,172,500
6'J2,e00
6,037,600
1.846.400
287,400
2.402,900
311,000
2,377,100
393,300
2.688.900
347,000
3.16S.900
755,500
3.562,300
835,000
2,415,000
270,000
2,15,1.700
150,500
3,656,300 l,09'i.700
2.112.600
330.800
1,647.700
288,900
1. '298.100
313,100
3,3il6,5lin
1,005,700
1,711.900
327.300
1,837.100
33i,400
518,600
1,580,700

,

net Deposits

Legal
Tenders.

Bvecit.

Discounts.

Loans.

totals for several

Svecie.

S
$
Fehl3;344 628, 400 98, 105, 600
" 20 818, 163, 800,97,'006,,700

I

Boston Banks.
Loans.

past:

Deposits,

35, 382,600
33, 467,700

396,080,800
395.091,100
390.252.100i
393,299,600:
395,871,600'
881,437,200
380,261,600
370,838,000
373,205,700
376,753,800
375,197,800
372.801,800

lotrculatlofl Agg. Clear't*

$

»
8,643,900
8.185.700
8,666.100
7,882,500

714,701.958
683.489,847
570,399.489
674,207,669
7,890,500' 681,369,678
7,816.100 652,118,088
7,989,600 G'<3,711,313
7,871,100 ,639,113,411
7.916.300 580,894,951
7.892,900 1593,027,147

372,32.8,100

7,911.1001[614,560,841
7,888,9001 607,184.668
7,861. 100! 6M. 117,350

868,220,500
366.686,100
385,212,000

7.855,100 625,478,114
7,870,000 504,321,823
7,851,700 695,610,166

—Following are the totals of the Boston banks
Specie.

L. Tenders.\

Deposits." lOlrcuioHon Awr. Clear'gs

S
20 165,471,300 11,068,500
" 2, 155,201,900 11,015,500
Mar. 6 154,879,400 10.982,900
" 13 155,874,500 10.991,200
" 20 156,551,901) 10,783,600
" 27 151,'287,;O0 10,676,000
Apr. 3 152,702,900 10,641.600
*•
10 152,047,'- 00 10,615,700
••

" 17 150,262.100 10,111,500
" 24 119,133.300 10,535,000
M'y 1 119,811.700 10.273,800
' 8 150,780.800 U),5e3,.60()
•'
15 151,130,400 10.628,300
" 22 151.102.200 10,611.500
" 29 161.136,300 10,373,700

i

$

Feb 13 151,740,100 11,287,100 3,380.100

Philadelpliia

weeks

L. Tenders.

" 27 349. 677.,1)00:92, 343,,600 31 167,200
Mar. 6 351,,589,,900 89, 732,,600 31 ,605,700
' ]3;368,,888, ,100
,26.5,,1)00 82, ,194,700
" 20 S59,,685, 300
169, 100 31 ,103,000
" 27 358,,066, 800
,08 i, 600
778,700
Apr. 3 318,,806, 600
,211,100
,459, ,800
••
10 350,,138, ,700
,183 ,700
,373,600
" 17 350,,667, ,700
,682, 100
,229,000
" 24I351,,512, 800
,742, 300
,880,700
M'y l!35l,,298, 400
,976, ,600
,249,700
'•
K|3,iO,,659, 300
,918, ,800
,275,500
" I5ISI7, 334, 300
,804; 600
,747,700
" 22i342, 129, 200,69, ,819, ,000
,403.700
" 29!311 510, 600 'Osl, ,516, 800
,624.300

I

.

Loam and

115,79.3,100 19,618,200
2,88 7,000 115,728,000 19.562,200

115,997.900
111,636.100
115,271.300
114,592,100
:<,l24.nOO 111,971.100
2,9.^9,700 110,818.600
2.552,300 1 10,'275.900
2.365.500 110,362,800
2,988.400 109,369,100
3.153,300 110,406,600
4,298,800 111,910.800
1,063,800 112,607.700
3,6X9,700 112.6114.100
3,723,900 113,458,700
2,646,200
3,352.700
3,288,800
3,308,700

Banks.—The totals

19,139.200
19,152.200
19,226,600
19,170,100
19,065,800
18.818,800
18,6.11,900

18.592.100
18,515,700
18,392,100
18,269,600
18,285.100
18,109,600
18,236,500

77,196,188
76,680.248
67,279,057
83,823,482
76.414.638
75,328.320
73,303.998
79.777,338
64,289,189
83,130,031
67,893,183
71,810,546
80,153,665
73,8'.2.102

76,789.894
72,842,212

of the Philadelphia banks

are as follows:
Loans.

Lawful Money.

Deposits.*

Circulation. A<ig. Clear^gs

$
27,901,100
84,762,000
27,535,600
85,218,100
27,088.100
81.981,700
28,741,800
81,750.500
Mar. 6....
"
26,690.600
13....
85,701,300
"
26,588.800
20....
86,815.700
25,171,000
27....
81.461.900
3..-.
23,326,800
82.888,300
Apr.
*•
23,182,600
82,85o.9il0
10-..
24.198,600
17....
8.5,673.900
"
24,097,400
24....
81,3t9.600
21,022,900
84,409.500
May 1....
85,604.1)00
21,820,600
8....
81,189.900
••
21.807,300
85,185,100
15....
85,834,7
"
23,777,800
83,799,300
22....
86,309,300
"
21.188.300
29....
86,299,100
81.188,900
* Inoludlug the item "due to other banks."

Feb.
"

"

13....
20....
27....

83.085,700
83.377,400
83,654,600
83,251.300
83,770.800
84.299,100
84,903,100
81,963,400
85,300,300
86,227,100
86,441,600
86,360.800

7,084,500
6.876,000
6,951,500
6,213,580
6,238.500
6,291,500
6,352.000
6,289.000
6.196,500
6.203„i00
5,991,500
8,027,500
6,031.600

48.691,964
67,624,499
16.311,393
63.665.959
51.180,246
59.136,728
53.707,402
53,972.066
50,011,663
54,197,914
47,481,267
53, 170,934
65,022.328

6.0,10.500
6.031, .500

49,.i63,123

6,026.500

52.101,593
38.523,434

MJ

MJ

June

5,

—

1

.

I

THE CHRONICLE.

1886.]

687

GENERAL QUOTATLOMS OP STOCKS AND BONDS.
iic>t;ifl.mi In Ni»T Torit rni)nv^.Mit Ons imr oent v;>t lo. vl\ n.ivor tui |> »r in »v lin
." for iii irl<i;»; "if ," f >r
ho (.ill iwliiit i»i>l)rovlnlloin in> "fi'Mi iiHOrt, vj» : _"
iDriHmDoliiliitfili •• 01)11 v.," for (vmvor.'tiilo ; ••». f.." for <liii«lni{ rnrid; "1. if.," for

Quotatluuii

Now York

.iHi ir

;

M

i<

iM:

Uml

iiii it til

iiru to Tliiirxiliiy

Bid.

UNITED 8TATK8 BOIfDS.

ITNITRD STATES BONDS
4ia«, ISIU
4i<s, 1801
4s, liK)7
4s, 1907
8a, option U. 8
6a, Curromiy, 1895
68, C'nn<>ncy, 1896
6s, CurriMii'y. 1897
6a, Currency, 1898
6s, Currency, 1899

rmiiiiniKlr mi'lfl pur nh«r«
'
"
"Bml. " fur niidoriHMl
'

;

;

" OOM.,

;

Ask.

CrTT SKODRITtMk

dUcorereJ In th »«e Qaotatlon*.

Bid.

Allegheny, Pa. -6«.op., '88-07.. Tar. 100
lll»j
4isH, coup.. 1885-1§01
Var. 100
4s, coup., 1901
1110b!ui'«
Var. 102
l'2d>« 125>«
Allegheny Co., 5s, pp., MlS.JAJf 100
126ie i;26>4
48, riot loan, 5-108
100
lul
do
48,
100
10-20B
125
do
88,
10-208
101
127»8
48, refunded, 5-208, 1H91-190B.... 102
130i«
Atlanta, Ua.— 7s
114
132«8
Do. 88
lis
135
Waterworks
114
Augusta.Me.—6s, 1887, inail..FAAt 100%
Augusta, Oa— 7s
Various 107
103 106
Austin, Texas— 10s
116

WW

rt.K..Q—
COI11I..U—
ren...Qcoup.. .Q—

»r«i

Kiurantiwl

umiit.

from otiinr oltlon, to littn iiinll ilnten.
8iib»crlber« will conftr a Iky or by giving muioe of any error

III

mi

''if'd," for

Alk.

106
105
104

CITT
Ixralavllle,

SBODKmM.

Bid.

Ky.- 7B,longdate».Var.t[122

78, short dates
68, long
6a, abort

124%

Varl 10ii% 115%

Var.lilll\lll3
lOI
Var.l 100
100%
101
68,1890-1000
MAN 104 10fi(
,
reg..q.— F.
101
Lowell, Mass.—68,1800, W. L.MANI 111% 112
JJkJ
reg
103
Lynohburg, Va.—6*
J A J
reg....JAJ
103
8«
J A J
reK....JAJ
Lynn, Mass.—68, 1887
FAAl 102%103l4
JAJ
reg
Water loan, 6s, 1894
IA.I 119% 120
J*J
rejt
Water loan, 68, 1896
JAJ l'2l% 123
100%
6«, 1005
MANMIO
121
STATR SECVRITIE^^
Maoon, Ga.— 78..
106
Al8t)»iun-('liis» "A," 3 to 6, 1006...
i'20" Manchester, N.H.— 6a, 1804.. ..JAJI 118% no
107
Baltimore01a«» " B." 5s, 1006
6a, 1902
JAJ 128 130
9»\
68, oonsol., 1890
Cla«8"C," -Is, 1906
Q— 110 110% 4s, 1911
104% 106
en. 10-20, 1900
J * J
68, Bait. A O. loan, 1800
Q— no
Meinphls,Ten.— Tax.Dlst.8helbyCo 02
H
68, Park, 1890
ArkanfMS— 68, fimilcd, 1899 ..J A J
Q— 110
Milwaukee, Wis.— Sa, 1801...J ADI 100
68, bounty, 1893
128
78, L. R. A Ft. 8. issue. 1900. A A O 23
78, 1896-1901
Var.t 108
rto
68,
exempt, 1893...M A 8
78, Mouiiihls A L. K., lrt9i)..A A. O
130
78, water, 1902
JAJI no
68, water, 1894
7b, L. R. p. B. & N. O., 1900.. A i O
JAJ 112% 113
Mobile, Ala.— 3-4-58, fnnded..HAN 67
50
22
78,Ml88.0. &R. Rlv.,1900..A
68, 1900
JAJ
139
Montgomery, Ala.— New 3a ..J A J 66
76
I
68, West. Md. KR., 1902 .... JAJ 130%
7g, Ark. Central RR.. 1900. A A O
58, new
00
2's
7b. l,eTe.eof 1871, 1900
68, 1916
MAN
Nashville, Tenn.—68, short.
102
llSVi
Oallfonila— 68. funded debtof 1873
48, 1920
JAJ 115
110
68, long
^
M*N|102
Bangor, Me.— 68. RR.,1890-'94. Var.l 1 10 112% Newark—68, long
Oonneotlcul-.'is, 1S97
no lis
yi'W.Tfg., S^». 1904
JAJ 103
68, water, 1905
JAJI 125 126
68, long
.Var.l 117
120
100
New. rejT. or coup., 38, 1910
68, E.AN.A. Railroad, 1894. .JAJI 112% 112%
7s, long
Var.l 120
122
Dlstrlrt of Columbia—
6s, B. &Pi«catiuiiils RR.,'99.AAOI 118
119
7b, water, long
Var.l 124
126
FAA 119'4| I2OI4 Bath, Me.— 6s, railroad aid
Cons. 3-6.')8. 19i;i,coup
Varl 100% 101
New Bedford,Ma88.—68, 1909. AAOI 137 130
119'4 120>4
3-658, 19-24, ree
58, 1897. municipal
100 102
115 117
58, 1900, Water Loan
A.AO
JAJI llJisI
FundlnRSs, 1899
Belfast. Me.— 68, railroad aid, '98.. t 104
106
N. Brunswick, £1. J.—7s, various...! 103
Perm. Imp. 68, guar., 1891...JAJt H.i>8 115% Boston, MaH8.—68.cur,long,1906 Varl 135 136
100
6s
JA.It 119
Perm. Imp. 78. 1891
120»s
68, currency, 1894
Var. 120
l'.iO% New Orleans, La.— Premium bonds. 08% 99
Wash.— Fimd.lo»n(Cong.)6s,g.,'92) lloH
5s, gold, long
Var.l 123''8 124
Consolidated 6s, 1892
Var. 108% 110
Fund. loan(LeK.)68,g.. 1902 Varl 127
4%8, 1908
AAO 115 117 Newport, Ky.— Water bonds 7-30s.. 113 116
119is
Market stock, 78. 1h92
48, currency, long
JAJ 108 109
130 132
New York City— 68, 1908
133
Water atock, 7s, 1001
BrookbTi,N.Y.-78, 1890
117 118
6s, 1887
106
106
134
do
78, 1003
114 116
68, Water, 1891
125 126
68, 1896
Florida—Consol. goldes
131
J A Jt 112
68, Water, 1899
132
136 137
68,1901
OeorKia— 68. 18Sb
147 149
68, Park, 1921
1117
7s, 1890
118
J AJ
155 157
7a, new bonds. 1886
78, Park, 1915
1133
7s, 1896
134
142 144
78, Bridge. 1902
78, endorsed, 1886
142
7e, 1901
143
IH'
155 157
7a, gold bonda, 1890
78, Bridge, 1920
Newton— 68, 1905, water loan. .JAJ 135 136
88,^76, '86
110 111
78, Kings Co., 1888
„„
5s, 190.5, water loan
JAJ 120% 122
JAJ 129 135
6s, Kings Co., 1886
103 104
Kansas- 78, long
Norfolk, Va.—6s,r6g.stk,'78-85 .JAJ 106
Louisiana— New oon. 78, 1914.. JAJ 8'
Buffalo. N. y.— 78,1895
Var.t 115
117% 8s, coup., 1890-93
Var. 128
78»4
Btamped 4 per oent
water,
long
78,
Var.t 131
8s, water, 1901
MAN|128
FAA 53% SiHi 68, Park, 1926
Baby bonds, 38, 1886
MASt 116
Norwich, Ct.-58, 1907
AAOI 119 121
FAA 101 lOlij Cambridge, Mass.— 5s, 1889... AAOI 103% 104% 78,1905
Maine— 48, 1883
J.AJ 144 148
War debts assumed, 68, '89. AA 01 lOOSs 110
68, 1894. water loan.
JAJ VZO 121
Orange, N. J.— 7s, long
f 115
120
Maryland— 6s, exempt, 1887. JAJ
68, 1896, water loan
JAJ 123% 125 Oswego, N. Y.— 7s, 1837-8-9
104
JAJ 109
68, Hospital, 1887-91
6s, 1904, city bonds
J,fcJ • 133
135
Paterson, N. J. 7b, long
Vai 124 125
Q—J 107
Charleston, 8.C.— 68,8t'k,'76-98..Q-J 88
6s, 1890
116 120
6s, long
Q—J 108
6s, 1890
78, fire loan bonds, 1800
J A J 20
112
•5b, long
JAJ 109
S-66S, 1897
110
78, non-tax bonds
106%
4%3, long
Massachusetts—5s, gold, 1891. AAO lion's 111
4s. non-taxable
88
Petersburg, Va.—68
;
JAJ 108
JAJI 117 117'8 Chelsea. Mass.— 68, 1 897, water loanl 122 125
58, gold, 1894
8s
JAJ 120
MAS 121 122 Chicago, 01.-78,1892-99
58, cold, 1897
115%
120 125
8s, speoial tax
Mlobigan— 78, 1890
MAN
6s, 1895
113
Philadelphia, Pa.— 88, old, reg.JAJ
Minnesota-New 4138, 1912 ..J A J 1022
107
4%8, 1900
136
68, new, reg., due 1895 Aover. JAJ 125
Ml880url-68, 1886
J A J
3-658,1902
100%
Var's yrs.lOS
115
4s, new
Fvmdlng bonds. 1894-95
Cook Co. 78, 1892
115
Pittsburg, Pa.—48, coup., 1913.JAJ. 104
Long bonds, '89-00
Cook Co. .58, 1890
108%
JAJ. 114 116
58, reg. and coup., 1913
Asylum or University, 1892. J A J
CookCo. 4%8, 1000
107% 10758 6s, gold, reg
Var. 116
117
Hannibal A 8t. Jo., 1886. ...JAJ
West Chicago 58, 1890
103%
7s, water, reg.Aop.,'93-'98... AAO. 126
do
do
1887....JAJ
Lincoln Park 7a, 1895
107% 108
111
58, Refunded, 1912
Hew Hampsblre— 58, 1892
JAJ 108 108% West Park 78, 1890
110
110
1915
48,
do
War loan, 68, 1892-1894
JAJI 116 120
South Park 6s, 1899
105
106% Portland, Me.—68, Mun., 1895. Var.ti 114 115
~
Warloan, 6s, 1901-1905
JAJ 130 132 Cincinnati, O.—68, 1897
MANt 117
124% 126
MAS
railroad aid, 1907
Sew Jersey—68, 1897-1902.... JAJ* 1.26
7-308,1902
136 137
Portsmouth, N. H.— 6s, '93,RR. JAJ 1113 114
68. exempt. 1896
<'
JAJ* 118
4b
JAJtilOl^ll 102% Poughkeepsie. N. Y.— 78, water
Mew York—6s, gold, reg., '87... JAJ
Southern RR. 7-308. 1906. ..JAJf 138 139
110%
Providence, R.I.— 58, g.,1900... JAJ 113
68, gold, coup., 1887
J A J
6s, g., 1908
M&NI
do
131
125
68, gold, 1900. water loan... J A J 129
Ob gold, 1891
Cur.
1009
68,
....
FA
125
do
At
Richmond, Va.— 68, 1884-1 914. JAJ 1123 126
8kg. fd. 58, 1910MAN t 114% 115
68, gold, 1892
do
JAJ 143 148
8s, 1886-1909
68, gold, 1893
101 104%
Hamilton Co., 48
JAJ 103
58, 1914-15
Ifo.Carollua— 68, old, 1886-'98..JAJ 35
Var. 103% 104
Cleveland,©.— 78, _1 88 7
104
48
6s, N C. RR., 1883-5
J A J H
7a. 1894, funded debt
AAO 123^1 124 Eloohester, N.Y.—68
Var. Ill
6s,
do
AAOTI
MAS 128 129
7s, 1896, canal
J A Jt 137 140
78, water, 1903
6s
do
7 coupons off
JAJ
Var. 1'23
6s, 1898
125
Rockland, Me.— 6s, '89-99, BR.. FAA 100 101
68
do
7 coupons off
AAO
Var. 101% 103
83
58, 1887-89
86
8t. Joseph, Mo.— Comp'mise 48, 1901
funding
68,
act of 1866 1900 JAJ
Var. 102
1021*
Columbus, Qa.— 7s
Var. 100
St. Louis, Mo.— 68, short
6s,
do
186S,1898AAO
115
1121«
Covington. Ky— 7-30s,long
Var. Ill
117
6s, 1892
6s, new bonds, 1892-8
JAJ
7-308, short
I 103
Var. 108
no
68, long
68
do
A
111
Water Works, 1890
Var. 103% 104%
68, 10-'20
68, ChatbamRR
AAO
10
115
Dallas, Texaa—88, 1904
JAD.t 104% 105%
4s, 1903
6s, special tax, class 1,1898-9A AO 10
110 115
AAO 124 127
lOs, 1893-96
St. L. Co.— 6s, gold, 1905
48, new, cons., 1910
J A J 93%
100 105
Water, 68. 1900
Currency, 7s, 1887-'88....Var..|103%
llBH
68.1919
108
Detroit, Mich.— 7s, long
Var.t 120
8t. Paul, Minn.— 6s, long
Ohlo68,1886
116
J A J
Var.l 126
7s, water, long
78, long
Penna.— 58,new. reg., '92-1902.FAA 130
VarjllO
Elizabeth, N. J.— New 48, 1912.J&J 73
80
83. 1889-96
48. leg., 1894-1904
128
Pall River, Mass.—68, 1904. ..FA Alil32% 133
Salem, Mass.— 6s, long, W. L. AAOI., 126
48, reg., 1912
120
FAAtllO 111
122
JA.!I 120
58, 1804, gold
58, 1904, W. L
Rhode isl'd— 68,1893-4, coup.. JAJ
FAAf 119 121 San Francisco— 78. school
Var.llll
58, 1909
South Carolina— 68, Act of March (
115%
Fitchburg, Mass.— 6s. '91, W.L. JAJt! 1 1
112
6s, park irupr. of 1372
7
23,1869. Non-fundable, 1888.. J
100 102%
Galveston, Tex.— 8s,1893-1909.MAS 103
Savannab f uiidol 58. consols
105
Brown consols
110 111
JAD 95 100 Somerville, Mass.—5s, 1895. .AAOI 110% 111%
58, 1920
Tennessee^— 68, unfunded
Hartford, Ct.— City 6s, var. dates. .1 105
AAOI 119 121
115
58, 1905
Coniproniise bonds, 3-4-5-68, 1912 67 •«
122 125
136
Capitol, untax, 6s
Springtieid, Mass.—68, 1905. .AAOI 133
Settli-incnt. 68. 1913
106"« 109
Hartford Town 4%8, untax
t 102
105
AAOI 143 143
78,1903, water loan
Settleiueiit, Ss, 1013
95
HaverhlU, Mass.— 68, 1880... AAOI 108% 107% Toledo, O.— 7-308, Ra, 1900. A N
Bettleinent, 38, 1913
71is 72
Hoboken, N. J.— 5s, long
111
Var.l
113
88,1893-94
Texafl— 68, 1892
MASt 112 114
113
6s, long
117
Washington, D.C.—See Dlst. of Col.
78, gold, 1892-1910
1-22
106
MASt 125
7s, long
124
Wilmington, N.C.—6s
7e, gold, 1904
112
JAJI 133 140
Houston, Tex.— lOs
33
45
8s, gold, cou. on
Vermont^-68, 1890
109% 111
11«
J
6s, funded
35
46
Worcester, Mass.—6s, 1892...AAOtjll6
Virginia—68, old, 1886-'95....J A J
AAO1I2I 123
IndlanapoUs.Ind.- 7-308,'93-9, JAJI HO
'
68. 1905
6s, new bonds, 1886-1895.. .J A J
AAO 108% 110
Jersey City— 68, water, long, 1805. 108
iVo
48, 1903
6s, consols. 1005. ex-coup
JAJ
78, water, 1899-1002
JAJ 120 122
RllliKOAD BONDS.
68, consol., 2d aeries
JAJ 64% ai\ 78, iiuprovement, 1801-'»4....Var. 110 113
(Bonds of eompanUseotuotut'iat wtU,
68, deferred bonds
JAJ 118 120
9%
7s, Bergen, long
be fouiia under the eoiiMO fit name.)
Xax-receivablecoup8.,fromoon8'l8 41% 43%
Hudson' 'ounty 5a. 1905
MVS 112 114 Ala. Gt. Soutliom— 1st luort., 1908; 111 118
Do
from 10-40s. 42
JAJ 123
Ub'y ASusq.— Ist M., 78, '88...JAJ 108% 100
43% Hudson County. 6s, 1003
Funding bonds, 38, 1932
JAJ 63%
Hudson County 78. 1804
J«1J 114
Consol. mort., 78, 100e,guar..AAO 132 ,135
116
10-408, cp. A reg., 3 to 5.1919. JAf
long
Consol. mort.. ris,1906. guar. AAO 120%:
Bayoune City, 7s,
JAJ 112
C1T¥ SBCUKITIES.
Lawrence, iMass.—Os, 1894...AA Ot 119\ 120
Ulegh. Val.—Gen. M.,73-10s..JAJ |r23%i...._
Albany, N. Y.— 6s, long....Varloa8l 115
AAO 116 ....„
AAO 127% 129
Ba8t.exten. M.. 7s, 1910
88, 1000
7s long
AAO 10 15
129
laooiue, 78. end., 1894
Lon g Island City, N. V— Water.78,'9.i 101 106

—
—
—

MAS

AO
JAJ

1

FAA

Q^

AAO

.

1

. .

1

JAJ
JAJ

—

1

t

JAJ
AAO
AAO

)

I

t

AG

1

AAO

FAA
FAA

.

t

M

AD

|

|

1

*

Price nouilaal;

no

lata trant.kuuoas

I

I

Parolia^er also

p.>y>i

aooraed Interest,

t

In Loadou.

J

P^rt boiag reieeiued.

17

Coupons on alaoe '60

MFJ

MF

THE CHRONICLE.

688

8V

.

XUI.

[Vol.

GENERAL QUOTATION'S OP STOCKS AND BONDS— Continued.
For Explanations Sae Notes

Bid.

Ask.

A, 1908. ...A&O
M&N
6s, g., ser. B, int. def
68, currency, int. def.. 1918.. J&J

106%

A&O.

9714
9313
111414

Cln.Blch.&F. W.— let, 7e, g....T&D 1115
6a % Cin. Sand'ky & CI.— 6e, 1900. .F&A 102%
"- lS87.ext
M&S IO2I3
Cousol. mort., 78, 1890
J&Ditl04%
9BH. Cln.ASp.— 78,C.(.;.C.AI.,1901.A&0 112
lllii
7s. guar., L.S.A M.S., 1901 ..A&O H.5I9
Cin.Wash.AB.- l8r,gu,4ias-6eM&N' 101%
126
e3%
2d mort., 58. 1931
J&J
3-.:%
3d mort,, gold. 3s-ls, 1931. .F&A
lOi^i
Incinne 53, 1931
19
Scioto A Hock. V, let, 79.... M&N ICO
Bait. Short L., lat, 78, 1900.. J&J 115

Ches,

68.

.

Ches.O.

do 2dM.

2d. da, 1923
B. & (5.— Cons., 73,

113
„
U-5
M&S^ I'13
1895
Bterlmg mort., 6s, g., 1902..M&S fl21 123
do
6s, g., lOlO.M&y •'-•^, 125
Parkersburg Br., 6s, 1919. ..A&O 1-^^
Balt.&Pot'c— ist, 68,g.,1911.J&J ili'-

A&O

Boat. nart.&
1st mort., 78, guar

1900. J&J

.

'^'^i

119

124

l^^o
1<JS

110

105
119
llUia

119

F&A

1903.J&J

J&D
Bonds, 5s, 1895
A&O
58.1901
M&N
fi«, debenture, 1913
A&O
58, 1919, Iowa Div
do
A&O
4s, 1919,
F&A
48, Denver Div., 1922
M&S
4s, plain bonds. 1921
Bur. & Mo. R., I'd M., 7s,'93.A&0
Conv. 8s, '94 ser.J&J
do
Bur,&Mo.(Nob.), l8t,6a,1918.J&J
do Cons, 63, non-ex.. J&J
do 4«, (Neb.), 1910... J&J
do Neb.P.R.Iat,7s,'96A&0
do Om.&S.\V.,l3t,88,J&D

.lU'J

'1'9, 119141
!119'« 119%l

ll"^

103 "2

'H*

II414

'1*'"^
S**^

107%

12U

M&N

Cons.

127

80

—

111%
100%
96
11181s 119

1904
A&O
Cons. 68, 1911
Cam.& Bur. Co.— letM., 6s,'97.F&A
Canada 80.— Ist M.,guar.,1908,J&J
2d mort., Ss, 1913
.;..M&S
CarollnaCent.— ]st,6s,g.,1920.J&J
2d, Inc., (is, 1915
A&O
3d, inc., 6s, 1910
Catawi38a-Mort.,7s, 1900.. .F&A
Cedar F. &Min.— 1st, 7s, 1907. J&J
Osdar R.& Mo.— 1st, 78, '91. ..F&A
l8t mort., 78, 1916
M&N
2<l mort.. 78, 1909. quar
J&D

116

75

20

tU3

116

&

M&S

&

Income bonds, 1907

1

1st, 69, 1901.J&J lie"
Des M.& Mian's. lst,7s,1907,F&A 130
Iowa Mid,, 1st M., 8s, 1900, A&O 137

Peninsula, Ist, conv.,78,'98.MAS

!

115
115
2d mort.. 7s, 1910
A&O 112
Oieraw&Darl.— lstM.,88,'88.A&0 104
102
2d mort., 78
Ches.
*

& Ohio— Pur. money fd.,1898

Price nominal;

no late transactions.

A Eastern- iBt,
2d mort., 78, 1900

Cln.

Ts,

1896

.

40

J&J
28

Consol,, gold, 69, 1912 ...
5
Cln. I. St. L, A Chic.— Con. 6s, 1920 1115
Cln. A Indiana, lat M.,76.'92,.TAD
do
2d M.. 7b,'87-92.J&.) tiViiii
Indianapolie C, AL., 7s of '97 .
1161s
t
lud'apofis A Cin., l8t,7s,'88.A&0 1 1051*
Cln. Laf.&Ch,— let,73,g.,1901.M&S 1116
Cin, Northern,— let, «h, gold, 1920,
35
|117
Ciu,Rich,& Chic— lat, ts, '95. J&J 111.?
t

Parchaser also pays accrued

intei-ost.

"46

iboij

121

Si
"biij

86
38
81

73
81

llSij

Mack.A M,— 1st, 6s,1921,A&0
La :d grant 3ia8, 8. A., iHll
Dub. & Dak.— let M., 63, 1919. J&J
Dub.AS. City— lst.2dDiv..'94. J&J

55

Det.

Dunk.A.V.AP,-let,78,g,,1900J&I)
Eaet Penn,—letM„78, 1888,. M&S
E,Tenn. Va,& Ga,— let, 7s,1900 J&J
1st mort,, consol.. 5a, 1930 ..JAJ
do
e^ coup's 9 to 12.
Income, 6s, 1931
.

Divieloual, 58, 1930
JAJ
E. Tenn. A Ga.,lst,6s,'83-86.J&J
E.Tenn.A Va,,end,,69, 1886.
Ala. Cent., 1st, 63, 1918
J&J
Eaatern, Ma93.— 68, g.,1906. .MA.«
Sterling debs., 69, g., 1900. .M&.S
Eliz. City & Nor,— »,F, deb.,63,A&0
Ist mort,, 68, 1920
MA.'^
Elizab,l,ex,& Big S.— 6a, 1902,MAS
ElmiraAW'mspt— l8t Be,1910,J&.l

M&N

A&O
JA.T

JAJ

AAO

7«, '87. J&J

iivans.A [nd.— lst,gunr.

g., 6a,

1021

J&.l
1926
Evans,& T,H,,l8t con. ,68,1921, J&J
.\&0
Mt. Vernon— let, 68
Ist, cor.,

Evansv.T.H.&Chi.— lat,
Fitchliurst- 5s, 1899

68,

g..M&N

AAO

1897
78,1894
Flint

&

P.

,

113
115

,

.A&O 1-"J'« 121
A,*0 tl-J3i4 123 >•
Marq.— M. 6s,1920.AAO 11

Holly W.
Ft.

,

A&O, 114,

1900-01-02

1

A

M., Ist, Ss. 19i)l.J&J
N. W., 1st 7s. g., 190.=.

116

Madisim*

C— Ist, 69. 1921
Worth &
Frem'tElk'u&Mo.V.— 68,1»33A&0 12d
Deuv.

Ft.

,

126

Unsianiptd.. I122i» 124
do
do
Gal.Har.AS..V.— l8t,68,g.,1910F&A

2d mort.,

J&D

119

78, 1905
Ist, 5s, 1931. ...MAN
2(1, 6a, 1931... JAJ

»8^

West, Div.

do
AAO 70 7d
Gal.Hous.A Hen.— lst,58
I&.I
Georgia— 78, 1883-90
J&J --•
6e, 1PS9
Georgia Pacitlc-let. 6a, 1922, J&J 111 '\i(r
"^^
45
2d mort
Gr,Kai>, A Ind,— let, l.g., g'd, 7s, g-l I'i'
I

Ho

let IH.,78,l.g., gold, not guar. AAO'
lllO
land grant, 1st 78, '99.

Ex

MiS' 81)
1924
Gr.B'yW.&St.P.- l9t,6s,l91l.F.*A 103
3^
2d, incomes, 1911
Cimaiil 5a,

A

S.

Fe— 1st,

4d'

128i<

7s,1909 J&J

A&O
1923
Han. & St. Jo.- Coo. 6s, 191 1 SI&.-^ 122
Ho'st.E.&W. Tex.— l8t,7s,'9S..M&N
I&J
2d, 6», 1913

101%

2d, 6a, gold,

.

li2
111
116
106

1121s

Con.M., 5!( tlir84, aftcr6^..191P !113
Det. L. A North.— lat, 7s, 1907. J&J 1123%

Gulf Col.

15

isVii,

138

JUb

Equipment. 7s, 1900
Evanav. A Crawf.— 1st,

,

West. Pacif., 1st, 68, g., '99. .J&J
Chari'teCol.&A.— Cou8.,78,'95.J&J

1113
1105

Det.G.Haven&Mil.— Eiiuip.6s,1913

53, perpetual.
Erie A Pitt8b.— 2d, now let
Cona, mort,, 7s, 1898

130

Chic. A Mil., 1st M., 7s, '98. .J&J 127
Mil. A Mad., 1st, 6a, 1903. .M.AS. 110
Madison Ext., Isl, 79. 1911. AAO 1132
Menominee E!(t.,lst,7.a,191 1 JAD tl3zls

,

nils

113
90
97
89 'a 90

Delawtire— Mort,, 63, guar,, '9,5 -J&.l
Del.& Bound B'k— Ist, 7s,1905F&A
Del.Lack.& W.— Couv,78,18'.>2 J&D
Mort. 79. 1907
M&S
Den.& Rio G.— l8t, 79, g.,1900,M&N
lat consol. mort., 78. 1910
J&J
General mort., 5a, 1913
A\0
Denv.&R, G,W.-lat, 6s, 1911, M&S
Denv,8.P.&Pac.— lst,7s,1905 .MAN
Des M. & Ft, U,-l8t, 6s, 1903. J&J
do
incomes
let mort.. 6s, on extension
D-}t,&n,C,lst,8s,en,M,C.1902M&N

,

IO4I4
107
Cal.&Or, C,P.bouds,6s,g.,'92J&j »I09
111
Land grant M,, 6s, g., 1890. A&O lOf

111

I

113

gold,

13218

&

111
130

M&N

Massawippi, g., 6s, gold, '89 J&J (1031* 101
12^14 Conn. West.- 1st M., 7s,
10
20
1900. J&J
11V!% Connecting (Phila.)— lat, 6a ..M&.'i 122
111
81
Consol.Uli.of Vt., 1st. 5a, 1913.J&J
"sa"
130
Cumb. A Penn.— latOe.'Hl
M&3
l!2's
2d mort. 6s, 1888, M. A N
13U
Cumi.erl.Val.— Ist M..88.1904.A&O
103 Oe 10o% Dayton & Mich.— C(maol. 5a. ...J&J UlOia 112
20
15
3d mort,, 73, 1888, now 2d..'V&O!'104's
1041a
Dayt. & West.— 1st M.,6s, 1905.J&J ' 1 '
119
1st mort., 7s, 1905
J&.l 1125

Northwc8t,Un,, lst,7a, 1917. M&S U33is
105 -a
Winona & St.Pet.— lst,7s,'87. J&J
1201s
2dM.,79, 1907.MAN ld2ia
do
till
112
Ott. C. F. & St. P., 58. 1909. .MAS 109
128 "s 129 •«
Noith. Ills., let, 5s. 1910.. ..MAS lo9
|121ia 1221a Chic.R.I.APac- 68,1917,coup J&J 133
137
aOjut. Br. U. Pac.,l8t8.6s,'95.M&N lU8ia
68, 1917, reg
J&J
112',
112%
Fund, coupon 7r, 1895
Exten, & col, 5a. 1934
MAN 100
JAJ
Atch.A Pike's P'k, 1st. 6s, g. M&N
Chic.AS.W..lst,7e,guar.,'99.MAN 1118
1041t Ohlc. & St.Louie— let6a, 1915,MAS
Atch.Ool.&Pao.,l8t.(i9,19t)5Q.—
101
Atoh.J.Co.&W..lst,0s,1905.Q,—
99
Chic. St. L. A P.— 1st, 5a, 1932. A&O
Od«t. of Ga.— 1st, cons., 78, '93. J&J 116
Chic. & Gt. East., Ist, 78, 93-'95. 100
Certiflcaten of indebteduess. 68
C0I.& lud. C, 1st M., 78, 1904.J&J tl2i
Cant. Iowa— New let., 79 '99. J&J }il6'
do
2d .M.79,1904.MAN li»7
Inc. bonds," debt certs.", 78,A&0
Un.A Loganap..Ist,7a,1905.AAO tll5
67
Eastern l)iv„ let, 6b, 1912. .A&O
68
Cln. A Chic. A. L., lS86-'90
101
. TllB. DIv., let. Us, 1912
Chic.St.P.Min.AOm.— Con. 68, 1930 •.2-.i"g'123
A&O
CfeJit'l of N. J.— l8t M,7s,1890,F&A
Ch.St.P.AMlun, lal,(i9,1918M&N 127 "a
!16ia
78, conv, 1902, aesenlcd
M&N
North Wise, Ist (ia, 1930
lAJ
1331s
Consol.M..7s,1899, assented. Q—
12>ia I26I4
St. PanlAS.Citv, l9l69,1919.AAO
AcUustmeut bonds, 7s, 1903JI&N
1091a Chic. A Tom.ah,— 6a
U-20 l22
81
Conv. debim. 68, 1908
M&N
Chlc.A W.Ind.— S.fd. 6a, 1919 M&N
Income bonds, 1908
M&N
Geueralmort 6a. 1932
Q— i'lo'
99
Am. Dk.& Imp, Co..5s,1921.J&J
Chic, & W. Mich. 5a, 1921. .J&D 1011a lOi
90 1031a Cln, Ham. &Dayi.— Cnuaol.Ss AAO till
Leh.& Wilke8b.CoaI,inc.,'88.M&N
112
Consol., 78,gold,1900,as»'d.Q-,M HI
112
Coneol. mort., 7s, 1905
A&O <l,;7ia 12!<
Cent. Ohio— Ist M.. 6e, 1890. .M&S 10=38
do
6b, 190,5
11.0
12114
A&O
Cent. Pac.— lst,68,gold,'9.')-98.J&J II714 118
Cin, H, & r., let M., 79. 1903.J&J 1114
II414
8. Joaiiuin, 1st M.,6e, g.l900.A&O
Cal.
Oregon, Ist, 68, g.,'88.J&J
do
series B, ds, 1892

125

1121%

M&N

1071*
107
8818 H8W
110

19i«

1122 la
llOH
tllO
1101a Col. & Xenia— 1st M., 78,1S90.M&S MO9I4
197% i '-i»H' Conn. &Pa89ump.— M.,78, '93. A&O tll91s 126"'

Escan.&LSup.,
114

64
33

tll4
1103
tl07
Ohio&W.Va.,l8t,s,f,,7a,1910MAN
123"
Col. 8»rinKf.&C.—l,at, 79,1901. MAP 110

t...

.

(is,

105

J&J
J&J i'0334 104i»
1899... J&J 107

Clev.&M. Val.— let, 78,g„'93.FAA
Columbia & Gr.— lat, 68, 1916. J&J
2d mort., 69, 1926
A&O
Col. Hock. Val, & Tol— Consol, 5a
Col,&Hock.V,— l9tM,,7s,'97,.\&0
do
2d M., 7s, 1892. J&J
Col. & Toledo— Ist mort. bonds ..
do
2d mort

IM^

2d mort.,

6a,

10'3

101
105

lil-a 125

Belief, & Ind. M„ 78,
Clev. & Pitts. Ith M., 68, 1892.J&J
Consol. S. F., 79, 1900

136 ia 137
103
tl04
lu8is 109
lOi lt9

100
95

1914
1934

8. F., 7e.

Gen, con.

M&S

Oamdeu & Atl.— 1st, 7s, g.,'93..J&J

Ask.

Tr.. Ist. 8a. '90. ..A&O II214
Dixon Peo.& H,, Ist. Sa,1889.J&J tliOia
Fox K.. Sa, 1900. J&J tl2St
Olt. 03W.
Qulncy& Wars'w, Ist, 8s, '90.J&,I 1112
129
Neb,— 1st, 78,1907
itch'n

'hie. Burl. & Nor.— r.a. 1928
Chic. & Can. So.— lat, 7a, 1902 A&C
371a Chic. Kan, City & \Vc8l'n.— 1st. 5a
Chlo, & East III,— 1 St mort. 68, lOO:

iVg"

CHev. Col. C. A I.— let, 7e, '99.
Consol. mort., 7s. 1914
J&I)

let, COD., 69,
1934
A&O
;119J2 114
tllJia
90
C!hlo. & Gr. Trunk— 1st mort., 1900
Chie,& Mich,L.8h.— let,88,'89,M&S llOuiaiii
M&S 1"* 1041s
111
Chic. Mil. & St. Paul—
I'Vi
JAJ '''ii? 121% P. du C. Div., Ist, 88, 1898. F&A 133
S.
P. D., 2d M., 7 3-lOs, 1898. .F&A 127
J&J ,123*4 123
Best. & Providence— 7s, 1893.J&J l-'^, 12214
Ist, $, gold, 7s, 1902
J&J
Frio's
Hl"^
Eost.& Revere B'li—l8t,68.'97. J&J
La, C„ IstM,, 78,1893
J&J 123
Bradford Bord. & K.— 1 8t, 68, 1 932
If*
I. &M,, l3tM., 78,1397
J&J 126>s
126
1^
Bradf.Eld.& Cuba^lst.63,1932J&.(
I'a. & Dak., 1st M., 7s, 1899. J&J
BklynBatli&C.I.-lst,6s,1912.F&A
Hast. & Dak., 1 at M. ,7s, 1910. J&J
101
100
Brooklyn Elevated— Ist mortg
Chic. & Mil., let M.,7s, 1903.J&J 1331^2d mortg
Ist mort.. consul.. 7a. 1905. .J&J 133
103
Buft. Brad.* P.— Gen.M.78,'96.J&J
let M., I. & D. Ext.. 7s, 1908J&J 133
Bnft.N.Y.&Erie— Ist. 78, 1916.J&D
let M.,6s, S'thwcst Div.l909J&J 120
>«
44
43
Bufl.N,Y.& Ph.— l8t,6s,g.,1921.J&J
Ist M., 58, La C. A Diiv.l919J&,( 1081*
2dmortgage, 78, g., 1908.. Q—
So. Minn. Ist 63, 1910
J&J ilS'e 119 4
Buff.PUtsb.& Wc8t.-e8,l 921 A&O
Chic. & Pac. Div. Gs, 1910 ...J&J 1221a 125
UO
30
Pitts. Titu8V.& B.— 78, 1 896F&A
do West. Uiv., 5s,1921, J&J
Oil Creek, IstM., 68, 1912. A&O lOJ
Mineral Pt. Div., 5s, 1910. ..J&J IO3
35
Union & Titusv,, Ist, 7s,'90.J&J
Chic. A L. Sup. Div., 53, 1921 J&J 1081a
lOa
Warren& Fr'kln.lst,7s,'96FAA 104 >s lOlSi
Wis.&Mlnn. Div.,5a, 1921. ..J&J
BbS.& Southwest.— 68, 1908. J.&J
Termlnlaoe, 1914
J&J io'6% 10714
119
109
118^
Bur.C, R.&N.— lst.5s,new,'06.J&Ii
Dabnnue Div., lat. 6r, 1920. J&J
1071a
Cons.lBt &C0I. tr., 58,1934. A&O 106
Wis. Val. Div., 1st, «•<, 1920. J&J 107
Minn. & St. L.. l8^ 78,guar. J&D 140
Fargo &8outli.- Us,iisa.l921.J&J
141
<!. RKP.LF.& N.,lst,6s.in20-A&0
Chic.&N.W.-Conaiil., 79,1915.(3—
do
let, 53, 1921. ...A&O 106
Coneol., gold, 7s, cp., 1902. ..TAD 13il4 ISO's
Oallfor. Pac.— Iflt M.,78, g.,'87.J&j 100
do
do
resr
JAD
95
120
2dM..68, g.,eudC. Pac, '89.J&J
Sinking fund, 68, 1929
A&O
111
90
3d M. (guar. C. P.), 63, 1905. J&J
do
3s, 1929
A&O
50
do
do
do
delicnt., 5s,1933.M&.N" 107% 10914
3s, 1905. J&J
107 1»
CallfoiTiiaSo.- Ist, 68, 1922. ..J&J
23-vrs. deb. 5i., 1909

J&J
J&J

Bid.

I

119i

m. Grand

11'

j&j ,,,^
A&O 'Ho

BoBton & Lowell— 78, '92
6s, 1896
5s, 1899
48, 1905
41SS, 1903
Boston & Maine- 7s. 1893
78, 1S94

i'/i"
1221a

Railroad Bonds.
1

(360), 7s, '98.. J&J

Cliie,

Bterliug, 68,

6», 1893
E.— 1st, 7e,

J&J

do 2d guar.( 18S) 7b,'93.J&J
Chle.& AHantic— l8t, 6s,1920.M&N

.

Consol mort.,

1911. F&A

8t.L.Jaoks'v.&C.,lst,78,'a4.A&0
do lstguar.(564),78,'34A&0

lis

A&O

S-Oa,

Loui8'a&Mo.R,,lst,7a,1900F&A
2d, 78. 1900 M&N
do

Wiehita&S.W.,lst,7R,,e.,Kua..l90'2

1st, tunnel, 6s, g., g'd, 1911.

&S.W.— M.

J69
29

Bds. Kan. C. llne,6s,g.,1903.M&N
Miss,Riv,Bridge, l«t.,8.f.,68.1912

Atlanta & Charlotte Air L.— lst,7s
Income, 63
Atlantic* Pac. -1st 6s, 1910.. J&J
Incomes, 1910
J&J
CeuU'al Division, old, 6s

Bell'sGap— ist, 78, 1893
J&J
Ist, OS, 1903
F&A
Couscil. Us, 1913
A&O
Belvidcre Del.— l«t,68,c.,1902.J&I.'
3d mort. 68, 1887
F&A
Boston & Albany— 7s, 1892. ..F&A
68,1895
J&J
BdBt.Ccnc.&Mon.— S.F.,6s,'89.J&J
Consol. mort., 7s, 1893
A&O

1911

Chic. & Alton— 1st M., 78, '93.. J&J
Sterling mort., 68, g., 1903. .J&J

H.Mex.&So.Pac.,l8t,7e,1909 A&O
Pueblo & Ark. v., Ist, 78, g.,1903
Bonora, Ist, 78, 1910, guar.. J&J

Laud incomus, 1901.
Saltlinore & Olno -Ifew iIs. . . A&O
F&A
6s gold, 19;i5
Bterlmg, 58, 1927
J.fcD

& 0.— Series

iOheshire— (>s, 1896-03

K.C.Topeka&W., 1st M.,78,g.J&.l
an
Income 78. A&O

new

of First Pase of Uaotatlons.

Bailkoad Bonds.

Railroad Bonds.
Atflh.Ton.&S.Fe— Ist.Ts.s-.'OOJ&J
AAO
Land (<rant, 78, «., 1902
J&D
Sinking fr.ml, 66, 1911
Guar.anteod 78. 1909 J&J&A&C
A&O
68, 1909 (Istiuort.)
M&i68, plHin lioude, 1920
A&O
4>a8, 1920
FlorenceA El T>or'do,lst.7a.A&0

do
do

Head

at

q.&Tex.Cou— lstm,,7s,K'uar.l89r5l

lu Loudon.

4

95

13i«

West. Div., Ist, 78, g.. 1891.. IAJUM'I6
W»ci>AN.W.,lRt, 7s,g.,1903.J&J 5101
A&O 93
Cons, mort., Sa. 1912
AAOl
Gen. mort. 6a, 1921
;

123

.

Coup».i

lii"

63
I'tt.

MJ

JONB

MJ

H?

THE

1881.]

8,

(.'HRONICLE.

689

aEMKii\rj Qmrr/vmo^rs ov spooks aj^d Bovns-'rjvnforD.
For B<plaiintlon« Sea Wale« at Head »r Vlrat Paze of ((uotatlaiia.
Railroad Bohds.

Railroad Boima.

Bid.

VAA Hi

a<liniiii.,79, n., 18»!i
(V.iiH. ;M M. .%h. 18i»5
III.

l»t IMIU80I. 7n, 191'.
t«t.oona..Ti>nn. lieu, 7«, 1915

A&O

88
Ciiit-lKt M.Cliln.*8i>r."08J*.l ViO

lOM

iRl. till. 1. Is,
Ml«l<ilv II. V. r.M_-.
Bt.rliii^', s.

Iil21.

-If.

AN

2.1, Its,

111!

H>03..AA() IIOJ

I-.. -iH. It..

Wi'l-lil.:.,:;.-!!. .M..(i»,K.,

Bterliiu-.
Cblo SI

K&A

..

18l>r>.AA0

tll'">
111 I

J&lJ

lOO.'i

0.-l»t COD. 70,

181I7.

US

I&l)

117
118

1!»07

MAN

Tin. lien, 7«. 1807
5h, lS»Jl,goia
MiKH. On., 2il iiuirt., 88

J&D

I

;ou

M
8d

68.
.5h,

58,

1921

ASp.— Ist,

niort..5«,

A&3

7e, 1906.

JAJ

1911

2d, Inciiuio, 1906, rr Co. cert.JAJ
New 1st mort. 68, funded
Ind'polis.v St.I,.— l8t.78, 1919.Var.

f

i'l2i«

I

I

I'-^y*

116

67

JAJ

1911

&7^(

112 <t

110

ll»%
10.1%

120

La's
114
127

no
30
83

120
13216

128
123

do con8.,reg.,l8t,78,1900.Q—
do cons., op., 2a,78, 1903..JAD
do cou8.,ree.,2d, 78,1903. JAl)
Mahoning Coal KK. l8t, 5s. .JAJ
f.»WTence— l8t mort., 78,1895.FAA
telugh Val.— l8t,68,coup.,'98.JAD
Ist mort., 68, re>f., 1898
JAD
2d mort., 78, 1910
MAS

Sjutli

123
123>i

143
1331s
111
115>«

112

L.I.Cit3iA Flushing- lBt,6s.l911
ILon'v.C.A Lex.— l8t,78,'97 J&J(ex)
2d mort.. 7a, 1907
AAO
iLoulsv.A Nash.— Consul, let, 7s.'9S
Ceclltan Br., 78, 1907
MAS

lloH 116
115?j'llt)l4

120
107

120%

1901 JAD !121
M.4CIark8v.,st'K,6s.e.,1902 FAA .'116
K. O. A Mobile. 1st 68, 1930. JAJ 10 1

123
119
10 113

t9
89

go".

Louis.

(Jin.

A

fr.,

do
2.% 6s, 1930 .. JAJ
Peugftcola Div.,lst,68,1920..MA8
Louis Div.. Ist, Gs, 1921. MAS
do
2.1., 3s ,1980. .MAS

i

fit.

106
100

..

Q—
MAN

Trust

honils, 68, 1922
Ten-fiiit.v 68. 1921

l<>'lsv.N.O.ATex.-lst,58,!931,VIAS
78, 1898. ..J.mJ
g., 1900... AAO

91
121

'lU
'

<

909, MAS
N.Y.A .Man. Beach. l8t78.'07,JAJ
iCwq'lte llo.A O.— Mar.A 0.,88, '92
68,

Imp

,lim.,78,

1

1908

68,192^1 (.xtensl.pii)
6g,

1925 (Mury

A

West.)..

MAS
IAD
JAU

•

mort.,7s, exten
Price

no

uiual

;

).m1

no

no

j

1001,!
I

no's!
123
113
132
107
113
114
108

4

100 >(

NorrkAPetcr8li.,2d.8s.

•itt

BouthSlde,VH.,l8t..

S4>a

73

.IJkJ

105

vj,

do
2dM...
do
3dM..
Va.A Tenn., 4th M.,8a,
.

tiogyiioia

llO>a

93 Ig
92
71

In
I. ...FAA!
A.U'Mtiii.'iit Ts, i:U'4.. ....Q.-M.I
Conv. d.-,b , 6a, 1894 ..
J.*J,

vjil
J.vJ t
l!i<)(i.J.V.I|ll27>«

Cons.lstM.,88,'91.MAS

---

,

'H'

103

—

.

,

1

87'«

80
1 16>9 118
lOsia 109
lOS^s 101

99

Mem.AL.K'ck— Ist iu"rt.,88, 1907. lOTt
Mempb.A Cliari.-ljit.78, 1915.JAJ 125
2rt

103)4
IO6I3

86
110

AAO 130
Androscii'.A Kei).,«8, 1891. P'AA 106
Leeds A Faim'Kt'n, 6s, 1S96.JAJ 1111
P'.rtl. A K.,('on9. M., 68, 'gS.AAO '112
Debenl lire, lis, 10-20
106

M»n.Bca('li

..-

'

HT4 87 19,

Pensa. A Atl.— l6t,68,gu,'21, FAA
€.'»v.N.A.AChic.— l8t,lj8,1910. JA.I
Gen. iron. Gs, 1914
AAO

•lalneCeut.— .Moit.
Exteu. bonds, 68,
Cons. 78, 1913

I

...AAO 108

I

54

AAO
..

.

•

10%

Kash. A Dec, 1st 78, 1900. ..JAJ 1:^3
E. H. A .v., Ist Gs, 1919
JAD 113
Oen'l mort., Os, 1 930
JAD
fio.A.\o. Ala., S. F. 68, 1910
l8t mort,, siukiiiK fund, 8s

Y W

1

MAN

Lex., «8, 1931.

0.,8tl., M.,78,

A

FAA

Dt.heiitiirra 6s 1H97
16^
56
Mlill'd..f N. J.-lBt,6s.l910.AAOi 107
tft
,N.
I,,l- R..,.k
c.l ill... 191'/
'i3% iNoi
.:nMAN| 108

1110

„
109

...1

lsl,8», 1911. J,'

6»»

'no's 111
I

l»l, 1'.U3

1933

* W.-

1

LouisviUe loaii,68, '86-'87..AAO
l«b.-Knoxv. 68, 1931
MAS

Mem.A

N.Y. Huso-

•

115%

MAS 100

Si.le, Ist, 7a, 1887
Fl., Ist, 78, 1891

Wewtown A

131
123)8
123 >s

101 ''8

Gen. M.,8. f., 6s, k., 1923.... JAD
L. Miami— Kenew.1l 58,1912. .MAN
L.Rock& Ft.8.— l8t,l.(cr.,78 '95.J&J
LonK Island— Ist M.. 78, 1898.MAN
iBtcons.il. 58, 1931
Q-J

Inr.iiuc, 68,

'34'

1

107)4
iioi*

Kal.AWh.Pi!;oon.l8t.78,'90..JAJ
Dividend boiids, 78, 1899. ..AAO

11P"4

;5
15

du

i

tl2

23>«

I-iB

,

128

UB.AM. S.,con8., cp., l8t,7s. JAJ

M
!•'

1:

.Jf.T.Pniv.AB'ii
:».Y. Pliil. A Niii.

i

lOl'e
9b) I

21
MAN 100 >s 101
40
35
do
income, 78, 1899.
4Ukke Shore A Mich. .'4ii.—
CI. 1». AA8h.,new7s',"]892..AAO 11 ''a
Det.Mon.ATol.,lst,78,1906.FA.\. 120
/Kalamazoo Al.AUr.U.,l8t,88.JAJ 107
Kal.AS<'hooUTaft,l8t.8s.'87.JAJ

MAS
M4»

Lsiiaml L. ruiiiiil
West. ext. CI"

•

t*f. Bl. A :iiLn.,l8t, 68,1919.

Bull. A E., new bds, M.,7s,'98. AAO'
Bun'. & State L., 78, 1886.. ..JAJ,

Bid.

W

110% 111

K*okuljAi)eaM.— lst.58,Kuar.AAO 109
Knoxv. A Ohio Ist. Hs, 192.'i...JAJ lol
95
l_Eric A We.st'u— l8t,68,l919.FAA
Income, 78, 1899
Sandusky l>iT., 68, 1919
FAA
l.T
do
income. 1920

^»

ISAB

coup., 1931
roc, 1931

BoKiin.

do
extended 5«,190O.J,VJ 106
North CaroUna— M.. 8s. 1m»8.MaN
€8,1891
MAS
North Penn.— 2d,78, 1896. ...MAN
im"
Joliet A N.Ind.,l8t,7» (enar.M.C.i 120
Gen. mort., 78, 1903
JAJ 136
43
113
Mich. A Ohio-lst, 6s, 1923 ...MAN
New loan, 68, reg., 1905
MAS
10.1
.Mid.l. On. A Wat Gap— Ist mort..
NortheaBt.,8.C.— lat M.,8s,'99„MAf< 133
62ifl
2.1 mort. ."^s. (uiar. N.Y. 8. A
2d mort., 8e, 1899
MA." 133
MILLS AW.— 1st M.. 68.1921. MAN U'*4 118)4 .Northern, C»l.— l8t, 6«, 1907.. JAJ 115% tl6%
-»'
'
Mi. h. Div., Ist, 6a, 1924
Northern
JAJ
Cent.— !)« per cent.. JAJ 10b% 100
Ashland Div., Ist 6.1, 1925. .MAS
3d mort., 6a, 1900
AAO 121 132..
106)4
Incomes
1 at.
Con. mort., 6s, g., coup., 1900.JA.) 123
108
St. P. E. A Or. Tr'k, Ist, nuar.. 6a.
fla, g.,reg.,1900
AAO 118
Mil. A No.— Ist, 68,1910..
JAD 103
Mort. bda., 5s, 1926, series A JAJ 110)4 110>3
102
109
109
1st, 68. on extension 1913. ..IAD 100
do
serlra B
140
117
.Winn'p. A St. L.— IstM., 1927 JAD
Con. mort, stg. 69, g., 1904... JAJ 115
130
102
Ist .M., Iowa CityA W., 1909. JAD
.Vorthem, N.J.— lat M., 68, '88. .TAJ tlOO
lOA
102^
North. Pac, P. D'O Div.— Gs, MAS.
2d mort., 7a, 1891
JAJ,
Southwest. Ext., l8t,78,1910.JAD
Mo. piv. 6», 1919
MAN 104
Pacitlo Kxt., l8t, 6a. 1921.. AAol L'09""
Qen'U. g., lat, Gs. 1921
JAJ H7'8
9a
118
Imp. A E.pilp. 6a. 1922
Gen'l 1. g., 1st, Gs, reg
JAJ
JA.I
101
.02'4
99
993^
Minn. A N. W.— lat, 58. 1934.. JAj;
•en. laiidgr.,2d, 6s, 1933. AAO
Miaa.ATeun.— 1st M.,8s,serie8 "A"l 1191* l.!l
Jam. -9 Riv.Val.— lst,g.,6R.'.16JAJ 107 Is 108 >a
112
lO-JH
108 >9
North. P.ic.Ter. Co. -l8f,fis.'33.JAJ
88, 8eriee"B"
JAJi
i'lsis Norw'hAWorc'r— l8tM..6s.'97.J.t.l
119% 120 >s
Mo.K. AT.-(;<)n3.as8..1904-6.FAA|
1103
92
Consolidated 6s, 1920
Oi;d'n»b'gAL.f'h.— l8t,M.6s,'97,J.lt.)
JAD -••.:,•
1031s
Sinking fiiud. 8s, 1890
MAS 1103 112
Consolidated 58, 1920
JAd! ,'^'*i 7d
96
Con.sol. ,V>H. 1920
9S>a
l8t, 6s. a., 1899. (U. P. S. Br.UAJi ,-''?
AAO
82
34
Income, 38 A 6*920
Boonev'eB'«e,78,i;uar,190;i.M AN 1"^
12
Ohio Ceu Elv. Div., Ist, 68..1922
Han. A C. Mo., 1st 78, k.,'90.MAN •.;
do
income, 6s, 1922
.Mo.Pac- lstm.irt.,68,Kld,'88, FAAl {^'^y 106%
OhioAMIss.— Cons. 8.F.7«,'98.JAJ ii«6
ConsoL 6s, 1920
MAN' f 1','*
JAJl/l-*^
JAJ 120
Cons, mort., 78, '98
2d mort., 7a, 1891
• 2d mort., 78, 1911
AAO 117
Car. B., lat mort., 68, fc. 93..AAO '
Ist gen, 58, 1932
JAD 8i)%
3d niortftago, 78,1906
MAN 123
93)4
l8tiuort.,8prlngf.Dlv.,1905 MAN
Income, 7a, 1892
MAS 5ft
105
Ohio Southern— lat 68, 1921. ..JAD
Mobile A O.— 1st prcf. debentures
30
"34JS
33
38
2dinoome, 68, 1921
2d pref. debentures
33
FAA 1122 122^
Old Colony— 68, 1897
3d pref. debentures
JAD 1119)4 119>a
68, 1895
4th pref. debentures
MAS 122 It 123
New mortgafie, 68, 1927
JAD 111 ll-2)j 78, 1894
AAO 112 112 "a
Collateral trust 68, 1892 ....JAJ
4)3S 1914
lll>a
Boat.C.AFItchb ,lst,78,'89-90JAJ 1111
1st extension 63, 1927
Q—.1 101
B. C. F. A N. B., 58, 1910 ..JAJ 113% 114)a
Morg'n'eLa.ATex.,l8t,e8,1920JAJ 110)*'114
N. Bedford KR., 78, 1894 ..JA.I 1121)3 l2]Ma
Ist mort., 78, 1918
AAO 127 128
Oree. A Cal.— Ist Os, 1921
JAJ
Monls A Essex— 1st, 78, 1914 MAN
2d mort., 7s
FAA 114
2d mort, 7b, 1891
97% 981a
Oregon A Tran8cont.—68,1922.'VIAN
JAJ 131'
Bonds, 78, 1900
AAO 133 134 Osw.AKome— l8tM.,78. 1915.MAX 112.^
General mort., 78, 1901
JAD 111 136 Panama— Sterl'g M.. 78. g. '97. AAO ;1I1 lis"
Consol. mort., 78. 1915
112
Sinking fund sub., 6s, 1910. MAN
Nashua A Low.— Os, g., 1893. FAA
;io2" 103
112 113
Subsidy bonds, Eng. issue, 68
5s, 1900
128
50
lst.M..7s,g..'92.JA.I
ParisADec't'rNashv.Ch.A St. L.— Ist, 78,1913 JAJ
fenn. RK.-Gen.M,6s,cp.,l 9 lOlJ—
JAJ
2d mort., 6s, 1901
183
f
1910.
.AAO
Gen'lmort.,
68,reg.,
Nashv.A Decatur-l8t,78,1900.JAJ
128
Cons, luort., 68, reg., 1905. .Q—
Natchez Jack. A Col.— l8t, 78. 1910
68. coup.. 1905.. JAD 1^8
do
Newark A N. Y.— Ist, 79, 1887.J.tJ 104
Collateral trust, 4)38, 1913. -JAD
New'kS'set AS.— 1st. 78, g.,'89.MAN 100 103
JaD 113
Consol. 58, 1919
N'biirxhAN. Y.— lat M. 78,1888.JAJ 100)4
110 111^
100
Peun. Co., 6s, reg., 1907.. ..O.—
.•^ew Jersey A N. Y.— Ist mort
107
90
M.,4)9a,
Ist
1921.JAJ
do
N. J. Southern— l8t M.,new 68. JAJ
113
Penn.A N.Y.Caii.- lat. 7s, '96. JAD 1-20>S
N.Y. A Can .-£ M., Ga, g.. 1904.MAN :iii
133
>3
106
JAD
mort.,
7b,
1906
lat
N.Y.Ceu.AH.-Djbt cert. ex.asMAN
Pensacola A Atlantio-lst ra..FAA
JAJ 13i)ii
Mort., 78, coup., 1903
Peo. Dec. A Ev.— Ist, 6s, 1920 JAJ 1131a
JAJ 1J7
Mort., 7s, reg., 1903
63
Tncomea, 1920
MAS 109
Debenture .^s, 1901
110
126
Evauavllle Dlv.,lst 69,19'30.MA8| 109
Sterling mort., Ga. g., 1903. ..JAJ tl24
o;
Income, 1920
'a
do
New York Ceutral-ua, 1887. JvtD 105
10-1
92^4
l8t.6s,192l.Q-F
kin
Un.—
Peo.A P.
N.Y.Chic.A St.L.— l8t,68,1921.JAD
50
Perklomen— lat M., Gs, 1887. .AAo loO
...MA-i
2d 6s, 1923
58
190
60)s
Cons. mort. 69, 1913, sterling ... ;9o
N.Y.CityA No.-Geu'l,68,1910.MAN
59
60 >« Petersburg -Cl.i«s A, 1926 ....JAJ 108)3
Triiat Co. receipts
106
127
1926
AAO
12i
Cla83 B,
N. Y. Elevated.— 1st M., 1906.JAJ
25
Pblla. A Erie— 2d M., 78, 1838. JAJ 10SI3
N. Y. A Grecuw'd L.— 1st M. Inc. 68
7
12^
Gen. M.. guar., 68, g., 1920. .JAJ :i.o
2d mortgage Income
13o%
SunbiirvAKrie, Ist M.,78.'97.Aa0
.f.Y.AHarleiu— 7a,coup.,1900.MAN
12
V'
130
13l).2
Ist,
1910.
JAJ
A
Bead.68,
Phila.
N.Y. Laoi^.A W.— lat.Oa, 1921-JAJ
AAO ll'l»3
2d, 7s, '93
FAA 1:2 li3
2nd, 5a. guar., 1923
32
JAJ
l>el>onture Ga, 1893
N.Y. L E.A W.— l8t.7s,'97,ext..MAN 125
Consol.M., 73.1911, reg.Acp. J AD 1-25
2d mort. exteu., 58, 1919 ...MAS 113
115
111)3
iU
JAD
mort.,
68,
1911
CouBol.
MAS
3d mort. ei. 4)38, 1023
Improvement mort., 6e, '97.AAO 103
4th mort., ext., 5a, 1920.. ..AAO 11313
97
10.j
IJu)*
mort.,
1908
JAJ
68,
Geu'l
JAD
5th mort ,78, 1888
SpVl
lAJ
MAS 134 134 >ii' Convertible, 78, 1893
Ist cone. M.. 78, g., 1920
100
series
MAN
Cms. 5s, Ist
JAD
New 2d eons. lis. 1969
29
91
92
FA.\
Cms. 58, 2d series
ox Jur.c, '3ii, coup
do
JAJ 60
Conv. a.U. scrip
MAN ,^,^
Collateral Tr, 6s, 1923
VO
Berip for i! deferred 'a coupons ..
...JAD
Fund. 58, 19(9
3
7
130 >3[
Def erretl income
lat con I. fund coup.,78, 1920 M.W
50
Income mort., cons. 78, '96, J.VI'
JAD
2d conj.fd ci>.,.'J.s,1969
guar.,79.'92,excp.MAS
i'lo"
CoalA L.
Beorganizat'ii 1st lien, 6a, 1908
Phila. Wll. A Bait.— 68, 1892.. AAO lo7
Gold income lion. la. 6a, 1977
AAO, 11.^,,
68, 1900
Lous Dock mort., 7s, 1893. .JAD 114)3 llta)-3
JAD 107)3
16
SsilOlO
con. g., 6s, 19J5 ..AAO 114
do
JAJl 103
1921
N.Y.A .<(.Eng.— 1st .M., 78, 1905J AJ 12S(iell2s''8' Trusit oerts., 48,
I'O
l8t,d9l9llAA0|
M<a
8,—
lis^i;n8!l>|
PItUb.Brildf.A
1905
JAJ
luort.,
6s,
1st
,„
131%
l8t,78,1900.FA.v|
FAA 10!»^ li0'4: Pittab.C.A St.I,.—
2.1 mort., 69, 190J
123%
AAOI
1913
7»,
91
mort.,
'•9
2d
to
3s)
FAA
6s
(scalid
•:d.
Pittsb.Cl.ATol.-lst.Gs, 1922.AA0i
N. Y. N. 11. A U.lat r. 4.s,1903.JAD 109
Pitt.sii.Ai'on'llsv.— lst.M.7s,'lii.J,.cJj 124
N. Y Oni. W. -latg, 68.19 14. .M Ail lo6.\
Sterling C0U8. .'a.,6s.g.,guar.jAJi ^3^
39)»'i
N.Y'. Pa.AO.— lat, inc.,acc78, 190^i ;31
112
PIttsb.Ft.W. AC.-l8t,7»,l912 Yuri l46
prior Ueu,lnc.ao.,5.«8,'93L;108
do
JAJI
11
2d mort.. 78. 1912
.fjU)
2d mort. uic

C—

StaiiiiM-d 4s,

AAO

1909

do
do

25"

Jad'upolisAVln.— lst.78,190S.FAA lUO
2d luiiit.. 6k. it., Kuar., 1900.M AN (10.;ii!
Illt.AGi.N.)ith.— l8t,0e,1919.MAN 115
Coup. 6«, 1909
MAS
lODlaA l.aiisinjs— 1st 8s, '89. ..JAJ tin's
lowantv.t West.— lst,78,1909MAS
I'a Falls A.Siou.N
l8t,78,'99AAO 11321);
95
/efferson— Ilawl'v Br. 78, '87.. JAJ
l8t mort., 78, 1889
JAJ lUd
Jefl. Mad. A Ind.—l8t, 78,1906. AAO 115
2d mort., 78, 1910
JAJ 11b>s
Innotlou (Phil.)— I8t,4>fl8 1907 ,rAJ
2diuort.,68, 1900
AAO 113
Kau.C.Oliin'n AHprinKtield-ls.Ss 10-i'«
K.0.Ft.3.M.ttA G.— Isl ,7s, 1908 JAD ligia
Pleas Hill A De.Soto, Ist. 7s, 1907 t'^'
Kansas C. Laivr. ii So. Ist, 6s. 1909 1113^
«.C.8t.Jos. A C.B.-M. 73,1907. JAJ
K.C.Spr.A.Meni.- l8t.68,1923.M.tN
Kontiickv Oeiitial— 6s, 1911...J,feJ

OH

KaUina?,(.i.AS.U..l«t,8s,'90.M.VN
J.L.ASac.North F;xt.,S«,'9<).MAN

10J>s
106 lU(i\

East.Div.. 1st iiiort.6B.1921.JAD

tod. Deo.

38
H'-iS

'09
Gd. Kiv. V.,l8t88,Kuar.,'86.JAJ '100

2ilM..88,'!>0,ott8.A&<)

Imioiiie.

noomra

130>9

li2
111»« 112

MAS

112
A&O 112
2(1 iiioit. debt
120
1900.1
Bl.
W.-l«t.
&J
tnd.
A
i>f.,78,
1st nimt., 5-(i. V.wa
AAO 101
mort., .'.-(i, 1!)09
AAO 81
do
do

JAJ 119>4
J*J l'.**
JAJ 103

Dehenliire lOs. 1890-9J'
Soilp 108. I8M>
JAJ
1
.Vtexican Nat.— I«t,fl8, 1912 ..AAO
MU'h.Cenl.-tJonaol., 7s, 1902.M.VN
<orS!.l. 59, 1902
l8tM. on Air Line, 8», 1890.JAJ
Air Line, lat M.. Ss, (?UHr. ..MAN

11T«8

N.O..Iiiek..*;(it.N..l«t,88.'S«JA,l

Railboad

N.Y. Pa. A(>!i|..-3.!

Gold,()s, 1931
M-trop'n niiiv.— l»t. (1«, 1008, JA.I
id68, 1899
MAN
Mo^lcar. rent.— Isi, 7«, 1011. .JAJ
«k!ali.d4«, 1911
JAJ

108

J.VJ

.-,».

Bid.

Memph. A Clmrl.— CoaUnard—

Hunt. .VIir.Top-l((t,7», '90..A&O 112

.

99 H

|l

JAJ' 124

late trangiictloDS.

w

.V,-

I

t

Purchaser also paya accrued interest.

;

la Londoa.

}

Cou^Kiu oU.

J

.

.

THE chronicle;

690

GENERAL QUOTATIONS OF STOCKS
For Explanatloas See Notes
Bid.

Railroad Bonds.

Ask

at

AN"D

Head of

RAILROAD Stocks.

.

.

M., 68, 1902. ...M&N

Equipment, 2d mort., 58

F&A

Bt.Jo.&Gr. Isl'd— l8t,guar.6s,1925.
Zd mort.. Incomes, 5s, 1925
8t.L.Alt.&T.H.— Ist M., 78, '94.J&J

2d

mort., pref..

78,1894....F&A

2d Income, 78, 1894

M&N

DlT. bonds, 1894
BelleT.&8.ni.,l8t,8.F.88,'96.A&0
Bellev.& Car., lat 6s, 1923.. J&D
8t. Louis & I. Mt.— l8t,78, '92,F&A
2d mort., 78, g., 1897
M&N
Ark. Br. 1. gr., M., 78, g., '95.J&D
Cairo Ark. & T.,lst,78,g.,'97.J&D

Cairo* Ful.,l8t,l.g.,78,g.,'91.J&J
Gen. con. r'y & 1. g., 58,1931A&0
8t.L.& S.Fran.— 2d. cl.A,1906M&N
2d M., class B, 1906
M&N
M&N
do classC, 1906
South Pacific- Ist M. 1888 -J&J
Kan. C. & Sw., lst,68,g.,1916..J&J

lUO
189

llQis

90

IO6I4 106%

62
118
113
105

64
107
45

115
1071a 113
114% 115
115
113

112
112

94
114
114
114

105%

BONDS— Continued.
Page of ((notations.
Ask.

Bid.

Union Pacific- ContinuedKins. Pac, iBt, 6s, 1895. ...F&A
J&D
do IstM., 6s, 1896
M&N
do DenT. Dlv., 68
Plttsb. & West.— l8t mort
do 1st cons. M.,68,1919 M&N
Portl'ud&Ogb'g— l8t68,g.,1900J&J 100 105
40
35
Oregon Short-L., 68, 1922 .. F&A
Vt. dlv., l8t M., 68,g.,1891..M&N
Utah Cen.— Ist M., 6.s, g.,1890. J&J
Port Koyal & Aug.— let, 68, '99 J&J 105
35
Utah So., gen., 7s, 1909
J&J
Income mort., 6s, 1899
J&J
do ext,lst,7s,1909J&J
Een.&S'toga— l8t 7e,1921 oou.M&N 1411a 1431*
Ulloa
7s,
&Bl'k B.— Mort.,
'91. J&J
Elch'd&Allegh— lBt,76, 1920. J&J
"70
Ver. & Mass.— Guar. 5s, 1903 M&N
Trust Co. receipts
Vloksb. & Mer.—New Ist mort.
M&N
2d mort., 68, 1916
2d mort
Elcli'd & Danv.— Con.,68,'90..M&N 106 is
3d mort.. Income
J&J 118 llSij
General mort., 68, 1915
Debenture, 68, 1927
A&O lOoHi 106 >« Va.Mldland-l8t 8er.,68,1906.M&8
M&S
2d series, 68, 1911
A&O 105 107
Piedmont Br., 88, 1888.
M&S
3d series, 5-68,1916
Eloh. Fred. & Potomac— 68,ext.J&J 112
4th series, 3-4-58, 1921
M&S
J&J 106
Mort, 78, 1881-90
M&S
5th series, 58, 1926
Blcli. & Peterab., 88,'84r-'86...A&0
Incomes, oumulatlre
M&N 128
jSew mort., 78, 1915
Wabash— 1st, ext., 78. '90, ex. F&A
Elchmond York Biv. & Clies., 88.. 119
Mort., 78, 1879-1909
A&O
M&N 100 104
2d mort., 6s
Zd mort., 7s, ext. 1893, ex. .M&N
Boob. & Pitts.. l8t, 68,1921...F&A 117
M&N
Equipment 78, 1883
J&D 105
Consol. let, 68, 1922
Gen., 68, 1920, Tr. reo
J&D
Income, 1921
do
CMC. Div., 58, 1910 gold
J&J
BomeWat'n&O.—S.F.,78,1891 J&U 115i«
Havana DlT., 68, 1910
J&J
J&J 109
2d mort., 78, 1892
9SH 98% Indianap. Dlv., 6s, 1921
J&D
ConBol., Istex. 5s, 1922. ...A&O
74
Detroit Dlv.. 6s, 1921
J&J
InoomeTs, 1932
Pltt8.Ft.W.& Ohio.— ContinuedA&O
3(imort.,7s,1912
Pittsb. McK.& Y.— lst,68,1932.J&J

Eutlanu— Ist

First

11314

102% 103
90

95
90

109
1121a II312
871s 91
-

122
118
110
70
103% 105
91
90
112 114
117
107
67

lllH

liaia

100

57
8U

5712
89'8
721s

75

80
"8 5'

Cons, mort., 7s,1907,cou.,.. .6—1
1st. St.L. dlv.,V8, 1889
F&A
Gt.West., Ill.,l8t,78, '88
F&A

1031s 106
llOia 113

m.&

M&N

& Naples,

1st, 78, '88.
8.1a.,lst, 6s, 1912

&N.

F&A

R.),78.M&8
Om.Div.,lst78.1919.A&0
Clar. Br., 6s, 1919.. F&A
No. Mo., 1st, 1895. ..J&.1
St. Cha's Bridge 68, igof'

8t.L.K.C.

(r.e8t.&

do
do
do
do
II314
Wab. Fund. 1907-Var. 78. F&A
94%
do
VariouaOs
F&A
W.St. L. &P.— rowaD.6s.l921M&f

Trust Co. receipts
Warren (N.J.)— 2d, 7s, 1900 .A&O
W. Jersey & At. Ist M.,6»1910M&t
West Jersey -iBt, 6s, 1896
J&J
Istmort., 7s, 1899
A&O
Consol. mort., 68, 1909
A&O
West Shore guar. 4s
J&J
West'n Ala.— 1st M., 88. '88. ..A&O

9u% 92
100
93
100

50
50
100
Charlotte Col. & Aug
100
Cheaapeake & Ohio, common 100
pref...
100
do
let
do
Zdpref....l00
100
Cheshire, pref
100
Clilcago& Alton
Chicago & Atlantic
Chicago Burliugton & North.. 100
Chicago Burlington & Qulncy..lOO
Chicago & Canada Southern
Chicago & East Illinois
Chicago & Grand Trunk
Chicago Milwaukee & St. Paul. 100
do
pref., 7. loo
Chicago & North Western
100
do
Pref., 7.. 100
Chicago Rock Island & Pao
100
Chic St. Loula & Pitta
100
do
pref
100
Ohio. St. P. Minn. &Om.,oom..l00
do
pref.. 100
Chicago* WeatMlchigan
100
Cln. Etamilton & Dayton
100
do
Pref
. .

.

Cln. Indianap. St. Loula

Cln.

100
Sanduaky & Cleveland
50
do
Pref., 6-50
100
Washington & Bait
do
pref.. 100

Olev. Col. Cin.

Cleveland

931a

85

.

120

& OhlclOO

Cluclunati & Milf ord
Cincinnati N. O. &Tex. Pac
Cln.

97

113 is 114
94
96
68
72
120

100

Ask

103% Central Paoiflo

'Vi'

2d, 7s, '93. ...M&N
do
Q'ncy &T0I., l8t, 7s,'90....M&N

Bid.

Central Ohio
do
Pref

113%
103

8umeyMo.&P.,l9t,6s,gu»r.l90t«
aire Dlv.. 58,1931
J&J

Han.

Railroad Stocks.
Central MasBachuaetta, pref...lOOi
Central of New Jeraey
100

lllifi

14

[Vol. XLll.

do

&

&

& Indianapolis. .100

Canton
do

Pref

Pittsburgh, guar., 7
50
& Xenia. guar., 8
50
Col. Hock. Val. & Tol
100
Columbia & Oreeuvllle,pref....lOO
Clev.

Columbus

Concord
50
Concord & Portamouth,guar.,7 100
Connecticut & Passtlmpsio
300
Connecticut River
100

& Norwalk
& Michigan, guar., 3ia

Daubury
1081s Dayton

50
-50

62

do
Pref. guar. ,8.50 160
Pierre C. & O. Ist, 68
Delaware & Bound Brook
100 14S 150
F&A
Delaware Lack. & Western
Equipment 78. 1895
J&D
50 129% lZ97g
102''8
IO714
lOJie
Denver
New
Orleans
General mort.. 68, 1931
&
J&J
105
100
Trust bonds, 6e, 1920
F&A
Denver & Rio Grande
M&8
2d mort., 88, guar., '90
do
Trust Co. receipts..
St. L. W. & W., 6b, 1919
A&O 107
Wn Maryl'd— End,l8t,6s,1890.J&J 104
Denver & Rio Grande WeBtem
tt.L.Vand.&T.H.-l8tM.,78,'97.J&J 122
102
2d mort., 78, 1898
M&N
Ist mort.. 6s, 1890
Des Moines & Fort Dodge
J&J 104
118
Pref.
M&N
End., 2d mort., 6s, 1895
do
do
2d, 78,guar., '98
J&J 101
65
2d mort., pref., 68, 1895
Det. Lansing & Northern, com .100
J&J 101
Bt. P. & DulutU— 1st, 5s, 1931. F&A 110
110
8t.P.Minn.& Man.— Ist 78,1909 J&J 114
2d, end. Wash. Co., 6s, 1890 J&J 1031a 104
do
do
Pref.lOO
60ia
119%
129
Dubuque & Sioux City
100
2d 68, 1909
A&O
3d, end., 6s. 1900
J&J
East "Tenuessee Virginia & Ga.lOO
Dak. Ext., 6s. 1910
M&N 118«s 119 W'nNo.Carollna-l8t,79,1890.M&N
2=6
1221s
98
Pref.
Consol. 6s, 1911
do
do
let consol. 6s, 1933
J&J
J&J 971s
9214
100
Minn's U'n, lot, 68, 1922 ....J&J
West'nPenn.— Ist M.. 68, '93. .A&O 107 112
Eastern (MassO100 100
Pitts. Br., lat H., 6s, '96
Eastern in N. H
Bt. P.& Nor. Pac— 1 Bt,68, 1923.F& A tll3
J&J 113's 114
100
Wheeling & L.Erie— Ist, Os, g., 1910
Eel River
BanduskyManst.&N.— 1st, 7s,1902 1115
20
100
Wichita & Western— 1 st 6s. . . .J&J
Elizabeth Lex. & Big Sandy
8aT.Fl.&W.-At.&G.,con.7s,'97.J&J II9I2 123
120
119
Wllm. Columbia & A\i:,'usta, 68
Elmlra& Williamsport, 5
50
S.Ga.& Fla., 1st M. 7b, 1899, M&N tll9
89
Wil.&Wclaon— S.F..ris, 1;., '96. J&J 111 112
do
Pref., 7. .50
Boloto Val.— Ist, 78, slnk'g fd..J&J
50
2d mort. 78, slnk'g fd
A&O 59 63 Wlsconsia Cent.— 1st s.r., 58, 1909 89 H9i» Erie & Pittslnirg, guar., 7
39 14 40
Consol. 78, 1910
2d series, 78, 1909, if earned
EvausvlUe & Terre Haute
50
J&J 59 "74%
72
Wis. Valley— 1st, 78, 1 909
Fltchburg
100
Blienaudoau Val. -l8t.78, 1909. J&J
J&J 125 127
111
General mort., 68, 1921
A&O 25
Worc'r & NashHa^58, '93-'95. Var. 109
Flint & Pere Marquette
111
Nasli. & Roch.,Kimr..58.'94.A&0 109
Pref.
do
do
Blouz C. & Pac, 1st M., 68,'98.J&J 10a»« i'lO
Fort Wayne & Jackson
RAIKiROAD
Bodus Bay& So.— l8t,5s,g.,1924 J&J 100 !«
STOCKS.
Par.
109
9
Pref..
Ala. Gt. South.— Llm., A., 6a,pref..
do
do
ts
Bo. Carolina— 1st M.,68,1920.. A&O 108
3
Llm., B, com
12
Fort Worth * Den ver C
100 21
2d mort., 6s, 1931
J&J 84 "25
3
!21«
Income 6s, 1931
Ala. N. O. & Pac, &o., pref
G.alv. Harris!). & San Antonio
04
1
do
Georgia Pacific
do
Bo. Cen. (N.Y.)— Consol. mort., 58
def...
fa
iosia A.lbany & Susqueh., Guar., 7. ..100
Georgia Railroad & Bank'g Co. 100
8o.Pae,Cal.—l8t,6s,g., 1905-12 A&O 108
Grand Rapids & Indiana
Allegheny Valley
Bo. Pac.Ariz.- lst,68,190910.J&J 104
50
2
Grand River Valley, guar., 5.. 100
Atchison Col. & Faoltlc
Bo. Pac. N. M.-l8t, 68, 1911 .J&J 104
8.1% 857r Green Bay Wiuona & St. Paul. .100
Bouthwestem(Ga.)— ConY.,78,1880
AtchlBon Topcka & Santa Fe-.lOO
95
97
Pref. ...100
Atlanta & Charlotte Air Line
do
Btaten Isl. Rapid Trans.— Ist mort.
Atlantic & Pacific
7
8
Harrlsburg P. Mt. J.& L., guar., 7.50
Bmnmlt Br.— Ist, 7s, 1903
J&J
100
35I3
100
Bnnb.Haz.&W-B.- lst,58,1928M&N 107
Houston & Texas Central
Augusta & Savannah, leased. ..100
50
Huntingdon & Broad Top
2d mort., 68, 1938
M&N 98
Baltimore & Ohio
100 153
tllO
Bnsp.B.&ErteJunc- iBt M.,78
Pref.. -50
do
do
do
1st pref., 6
100 135 ....
Byr.Blng.&N.Y.- con80l.78,'06A&O I33I4 135
124
100
do
minolB Central
2d, i>ref
80
72
Washington Branoli
do
Leased line, 4 p. c. 100
Tex. Cent.-l8t,8k.fd.,78,1909M&N
100 230
6
iBtmort., 78, 1911
M&N 74
Parkersburg Branch
5
Indiana Blooiuington & West'n 100
100
124
Boston & Albany
Indian. Decatur & Sp.,com..
Texas & New Orleans— l8t,78. F&A
100 1891s 190
104
do
Babine Dlv., 1st, 6s, 1912. ..M&S
do
Pref... 100
Boat. Con. & Montreal
100
69 <s 70
100
105
Falls & Sioux City
Texas A Pac— 1st, 6s, g.l905 M&S 1071*
do
104%
Iowa
Pref., 5... 100
79
84'4 86
Consol. mort., 68, gold, 1905. J&D
Boston Hoosac Tim. & Western
3
5
Jeft'v. Mad. & Ind'p's, leased.. 100
3778 Boston & Lowell
124
Clilcago,
guar.,
100
Inc. and land gr., reg., 1915. July
Joliet
&
7
100 1231a
81
80
59
Ist (RioGr. Dfv.), 6b, 1930.. F&A
Boston & Maine
1911a Kansas City Ft. Scott & Gulf.. .100
100 191
135
5514 551s Boston & N. Y. Air-Liue, pref
ex Aug. coup.
H9ia loo's
do
pref.. 100 130
do
do
40
55
60
Geni mort.& term'l 6s,1905A&0 38
Kana. City Sprlngt.& Memphis
Boston & Providence
100 192 194
H.O. Pac, Ist, 68,goId, 1920.J&J 661
Boston Revere Beach & Lynn.. 100 129
1291a Kan. City Clinton & Spriugf'ld.lOO
96\ 94 1^ Brooklyn Elevated., new
100
Texas & St. Louis- l8t,68,1910 J&D
30
Kentucky Central
Laud grant. Incomes, 1920
100
10
Keokuk & Dos Moines
Brook^ &Montauk
100
121a
Mo. & Ark. Dlv., Ist, 68.... 19H
100 11
do
Lake Erie & Western
Pref
100 35
821s
87
ToI.A.Ar.&N.M.— l8t,68,1924.M&N
86
100 82
Buff. N. Y. & Erie, leased
Shore
&
Mich.
80
Lake
100
Tol.A.A. <& Gr.T., 1 8t,68,1921 J&J lOlTj 105 ifi Buffalo N. Y. & Philadelphia.... 50
50 § 56I4 57
314
Lelilgh Valley
Tol. Cin. & St. Louis- Ist mort.. ..
100 37
5
do
4
Little Rock& FortSmith
do
Pref... 50
Income
50 160
Burlington C. Rapids & North.. 100
60
60
Little Miami, leased, 8 guar
Tol.Del's&B.- lstmalu,68, 1910
50 ....... 59%
Schuylkill,
7
Cairo & Viucenues, pref
leased,
Little
92
do main line, luo, 6s, 1910
50
California Pacific
5
Long Island
16
99
991s California Southern
100
lol. & Ohio Cent.— 1st, 5s, gu.l935
Com
100
9'e lOifl Louisiana & Mo. Rlv.,
45
40
Pref
Tol. P. & We8t.,l8t 78, 1917.. .Q—
do
18
50
"95"' Camden & Atlantic
'9312
371a 37%
100
Trust Co. receipts
do
Louisville & NashvlUe
40
43
Pref
50
37
United Co'sN.J.—ConB.,6s,'94.A&0
Canada Southern
Louisville New Albany & Ohio. 100
100 3914 40
M&S {113 115 Canadian Paclllo
Bterllng mort., 68, 1894
Macon & Augusta
100 6538 66
M&S {120 123 Catawissa
do
68,1901
100 124 125
Maine Central
50 5 19
100
Cam. & Amb.,mort.. 68. '89.M&N 108 14
do
l8t pref
54% 571b Manchester & Lawrence
50
18
17
100
Union Paciflo-l8t,68,g.,'96-'99J&J 118
do
Manhattan Beach Co
2d pref
50
531a
1271a 127 5»
A&O 104
..100
Land Grant, 7s, 1887-9
consolidated
Cedar Falls & Minnesota
Manhattan R'y,
11^1 14
100
3614 37
120
M&S
100
Blnk. F., 88, 1893
74 13 Maro. Houghton & Out
Central of Georgia
73
100
89
86
120
100
M&S
Pref
Keg. 8s, 1893
do
Central Iowa
17
18
100
25
Om. Bridge, Bterl. 88, g., '96.A&Oj J120 125
do
18
19
Memphis & Charleston
Istnref
100
100
Collateral trust, 68, 1908 ....J&J
Elevated
do
2dpref
Metropolitan
100
100
do
5«, 1907.... J&D
94
eio Mexican Central
Central MaRsaphnsetta
100
6
off.
* Price nominal no late transactions.
11 Coupon
{ In London.
§ Quotations per share.
t Purchaser also pays aooruod mteregt.
102
103
103

117
126
116

,

]

,

,

.

.

.

;

H

.

June

'

.

J

,

5

.

.

THEI CHRONICLE.

P, 1888.]

691

GENERAL QUOTATK^NS OK STOCKS AND BONDS—Continobb.
For
BxpUnatlom

raii.ik^au Stocks.

Aak.

Bid.

Hlf. NTOCKil.
COSTINUKO.
Mexican Nutlouul..

9
6»Tg

HichlKiiii Cent. ...100

UiiUaud of Now Jersey
KU. Luke 9. AW. .100
do
prof. 100
Mllwnulico A NO..100
Mine Hill & .S. n....50
MInueiip. .*i St. L..100
do
rref...l00
Mls80'lKan.AT«x.lOO
Ml880iul 1'hci111o...100
Molillc

AOblo

Morria

i\:

:00

K'.t, sil.t7.5(l

71

SO

72"
West Jersey
80
91I9 West Jersey A
AtlaiiUo
Western Maryland..

70^
94 >«

13

Hmorluuieodi.

TEL'PH STOOKS
AND BONDS,

18

22
IS
26

9

25

Chesap.

I

44
10
114
150
17

10298 102 iSs

7%
16

7»e,

17Vi

Coup. 78. 1894. AAO 119
Ist P».D.cp.,78,.VA8 139
Lehigli NavigatlouiH», 1914
Q— 113
RR. 68, reg., '97.Q-F

11

116

Conv 68,g.rg.'94SfAS

Am. Cable
c-

.

1

!

I

1

50

Pref. ...50 5
67
Phlla. WIlm.A Bait. 50
Pitts,
Pitts.

an. A

&

St.

Pullm'n Palace

3d

68

Car—

88,'87FAA 1105 "a IOC
88,'92FAA tll3»,4 IIU
^

L..50

Con., I'sed.SO
Pref....
Pittp.Ft.W.A C.,Knar.7

130
2
80
75
130 135
160 160
3
2
Richmond ADanv.lOO 118 125
Rich. F. A P., com. 100
do
Guar. 7.100
Brookliue (Mass.iL'dS
3%
do
do 6
Canton Co. (Bait.). 100 65
Richmond A P'b'g.lOO 98 14 yak Cev. A Cin. Bridge, pf. 190
2918 29% Keeley Motor
Rich. A West Point
4I3
Richmond York R.AC. 98 100
Maverick Laud
l^e
10
5ii
Rochester A Pitts. 100
95
N.E..Mtg.8ecur.fBost.,
65
Rome W. A Ogd. .100 63
25o.
N. Hampshire Land 25
5% 614 N.Y.A're.'c.Ld.,Llm.50
Rutland
100
do Pref., 7. .100 27% 28
Land scrip
24 "29" No. Riv.,con8.100 P.O.
St. Joseph A G'd [sl'd.
Sh
Bt.Louie Alt. A T. H. 100
2:i
20
Oregon Improvement.
89
do
Pref. 100
Oregon By. A N.Co. 100 98
21I3
20
St. Louis A San Fr.lOO
5216
Pacillc JIail SS. Co. 100
45
do Pref.... 100 44
Pullm'n PalaoeCarlOO 13:i>s
do l9t pref.lOU 107 >3 10/^8 St.Louis B'dge, 1st pref ,'106
Bt. L. Van. A t. H..
8
2d prof, cortillcates. f50
58
57
8t. Paul A Duluth. Too
St.Louis Tunnel RK.. 1110
112
110
do
Prof.lOO
70
St. Loui8 Transfer Co.
USis Stand. Water Meter...
8t. P.JIiun. A JIau.lOO 115
10c.
10 jUuionat'kYds.ATr.Oo 158
Bcloto Valley
6
131

j

.

Seab'd

A RoanokolOO

do

iCOAL

Guar.. 100

South Carolina
100
So. A No. Alabama

11

Co
100
8'weat.,Ga.,gM,7.100

391«

So. Paeltlc

AN. Y.lOO
Summit Branch, Pa. .50
Tene H. A Ind'nap.50
Texas

Tol.

Tol.

A N.
100
A Pacilic 100
A St.L. in Texas
. .

In

an.

A

.

Mo.A Ark.

A St.

Louis

.

9

90
lO's

4
80.

Ohio Central...
23
do
Pref.
V. N.J. RR AC. Co.lOO 221
Union Paeitlc
100 sols
Utah Central
100

_

ud noiulDal

:

miNING

j

SCameiou

Syr. Bing.

Texas
Texas
do

<k

STOCKS, N.V.
Cu.»l
50
39% Colorado Coal A t.lOO
11

100
11

Cousol.Coalof Md.lOO
Home.itake Min'g.lOO
Maryland Coal
100
New Ceutral Coal 100
Ontario Sil. .Min'g. 100
.

Pennsylvania Coal. 50
Quicksilver Min'g.lOO

do

:i'^o

1%
100
50c.

5'.i%
, .,

Erie

_

Globe
.vietriip<dltau

Mexican

4is

5

25

lOc. Tenn.CoalAtriinColOO

40

40

100 140
American
100 107
50^4 United States
60
100
Wells. Fargo A Co. 100 125

144
110
6J

EXPRESS ST'CKS

Adams

no late Iransaotlous.

I

12-1

69
89
108

95
132

74
140

150

Eipiltalilc.

iseo O.L....
CitvG. L.20

35
ICO

3S

1-50
1

Barcelona
Bassick
Becbtel

•45

00
10

03

ido

•96
•08

Bulwer

Horn

Mercantile
Metropolitan
N. Y. Guar. A Ind..l00
N.Y. Life A Trust. 100
Union
100
United States
100

29
114

180
106
150

78,

110

1898

Hi

Eighth Avenue
Scrip 6s, 1914

105
200
107

42d& Grand

•235

St. F'y..
1st mort., 7s, 1893..

Leadvllle Consol

112

125

PojroliiMuriUso pays aooraodiutjrosi,.

Navalo
Ophir

•94

Rappahanock
Red Elephant
Robinson Conaol

32
118
165

•60
"•40

200
85|
•08
•45

•.10

lOfl
•2«

1-75 2-60
2-90 3-00
•05 ......
1-80
•09
•Ofl
•28
•23
•55
•70
•40
•45 •••>«•
•60 ..-••
•12
•07

1

Sierra Nevada
Silver Cliff.

10
50
100
50

Spring Valley
Standard
Union Consol

100
100

BOSTON

1-60
•55

•45
•60
•27
•90
•25

100
10
100

500

. .

•50
•35

1

00 1-19

I

SO

•40

iTIINlNG

STOCKS.5

100
100
ISO
110
160
112
150
165

120
135
125
135
116
180
115
107
223
110
245
117
39
112
60
130
116
130

750. 85e.
25
7i«
9
25
7
5
Bruusw'k Antimony.
Calumet A Hecla...25 217 220
280.
26<i.
Catalpa Silver
10
12
8
Central
25
iCopper Falls
50
9ia
9
FrankUn
25
II9
!••
Huron
25
Minnesota
25

Allouez
Atlantic

1

25
25
25
25
25
25

National
Osceola

Pewabic
Quiucy
Ridge

400!
12

26c!

11

!«

I

4919

%

46I9
1

95

100

Am. Linen (Fall Riv.) 950
Amory (N. H.)
100 101
Amoskeag (N.H.) 1000 2000

625

Tamarack

M.ANCFACT'INO
srocKS.

101 >«

2005
100
780

98
Androseog'n (Me.). 100
Appleiou (Mass.) 1000 770
Atlantic (.Mass.)
100 100
.

101

. . .

Barnaliy (Fall Riv.)...
971s' 100
Barnard Mfg. (F. R.)..
125
120
100
2011s Bates (Me.)
108
Boott Cot. (Mass.) 1000 1360 1370
115
110
Border aty .Mfg. (F.K.I

210
115
305
113
230
114

155
103

157
101
10-1% 109
;

•10

•30
1'65

1-40
1-90

Silv.lOO

Potoai

113<t 114

.

0-4

•»()

A

506'

Gas
471s 48
Boston Gaslight... 500 z895 900
East Boston
25
391s 40
Rozbury
100 190 195
South Boston
100 110 115
Chelsi-a.Mass
100
Dorclieater, Mass. 100

Little Cliief
Little PIUS

.Mexican G.

Bait. Consol.

Brookllne, Mass... 100
Camlirldge. Mass.. 100

100
20
10
10
50

Iron Sliver

Lvsrosae

102
100

105
BirJSiwickAv. (Bklyn.) 140
Centra! Crosstown
160
1st mort., Cs, 1922.. 115
Ceutral Pk.N A E.Rlv.
Consol. M., 7a, 1902. 126'
Chirlatopher A 10th St. 130

Bonds,

Silver

Independence

110

Bro<iklyn Truat
25 225
Ceutial
100 390
Faru: era' Loan & Tr.25 405

100
100

67%

57»8

li« Belle Isle

CO.'S

Long Island

771*

A SAN. FRAN.)

Alta Montana
Anile

.

109
140
148
119
100
485
375
485

60

.SILVER

I

Knlckeibocker

102

iniMNG STOCKA&
(N. Y.
Alice

2H

60

341s

108

35

Y

N.

ido
100
100
75
Caledonia B. H
lOu
1
Consol. California. 100
Chrysolite
50
jTroplcal
75c. Cliollar
10 '760
100
W. I. Tclegr. ATele.lO
Consol. Pacifio
100
ELECTRIC
Crown Point
100
LIGHT STOCKS.
Duukin
Brush
80
100
Eureka Consol
100
Brush Illumlnat'g 100
Father DeSmet .. 100
Edison
ieo" Gold Stripe
Edison Illuminating..
Goodshaw
100
Swnn Incandescent.
3
Gould A Curry S..100
50
UTilledStatea
Green Mountain
10
Uniti-rt States III. Co..
30
45
Hale A Norcroas. .100

STOCKS, N.Y.
A Xrust.lOO

194
165

127
115

Bwlie

Am. Loan

112%

'

llif

TKUST

7»

19

Mutual of N. Y....100 iVo
N. Orleans G. L. ..100 104
104%
62
65
Portland, Me., G. L.50
26
9t. IxiuIb O. L
50 }290 300
'
'
75
92
«t. Louis. 100 }90
61%
51 Is
!..•«. I.ouls 50

.Molecular

.Vew England
N. Y. State Overland.
Peoples
jSouthem N. England.

SO

"ii'

93
115

Chicago G.A Coke. 100 110
193
Cincinnati G. A Coke
HarUord, Ct., O. L..25 32
Jersey C.4 Hobok'n 20 155
35
People's, Jersey 0.
100
Louisville O. L
Central of N. Y
50
ConsolldaU'd, N. Y.lOO
76 Is

03
102
10
115

lis

{

19

Wllliamsb'ir, B'kTy n 50
Charlest'n,$.C.,Ga«.25

<JOLO.)t

40
iOO
200

Iluitson River

I

oklyn 20

Nassau, Brooklyn ..25
Peoj(>le's, Brooklyn. 10

33

t91V

105
135
105
123

M

1

Metropolitan, Blilyn.

109

193

104
120
100 104

BrcHiklyn, L.
Olllzens', Bri

180
120
25
250
271a 23

112
35
42d8t.Mau.ASt.N.Av.
109
1st mort., 69
50
2d Inc.. 68
HonstW.St.&Pav. F'y 125
loC.
Ist mort., 78, 1894.. 113
175
1-20
Ninth .\ venue
Second Avenue
Ist mort., 5s, 1910.. 106
OonsoL 79, 1888
105
19% 20 14 SUth
200
Avenue
2414
21
Ist mort., 7a, 1890.. 110
28
25
Tblrd Avenue
21
21
1st mort., 78, 1890.. 111
12
10
Twenty-Third St
225
12
10
Ist mort., 7», 1393.. 112
29
29
GAS STOCKS.

....

Ball

American Bill
100 179
Amer. Speaking... 100
Colombia A Pan. ..100
24
East Tennessee. ..
200

1st M., oousol.7s, '93
Serin 6s, 1914

f;^*
108
52
113
80

Ne-

8

STOCKS.

DryDk.E.B.& Battery
20
99

100
e...l00
II ..100

TELEPHONE

& BR'KLYN
HORSE

65

pref. 100

26
50

.

4th do
Deb'nt're,78,'88AAO tlO5i4il0j'2 N.Y.
RRS.
8tlg,78,g.,1885AAO
Bleeckcr8t.A Fult.F'y
St. L. Bridge A Tuu—
131
1st mort., 7s. 1900.
l9t, 7e,g.. 1929.AAO 1131
Broadway A 7th Av..
Tenn C.AI.,oon.68
„„
"*'
Ist mort., t'B, 1904.
South Pitts, Ist, 6s
2d mort.. 58, 1914..
.niSC'LIiANKOCS
B'way Surf., gu.. 58/24
STOCKS.
Guar., 58. 1905
Amer. Bank Note Co.
25
Brooklyn City
Aspiuwall Laud
10
5% 67 '4 1st mort., 59, 1902..
'4 Brooklyn
BostonLand
7
10
Crosstown..
61Boston Water Power..
6
kt mort., 7s, 1888..

do

Plttaburg A Western..
Port.Saco APorts.Isd 6
Port Roy.il A Augusta
Ports. Gt.F.A Cou.lOt.
Proy. A Worc'ster.lOO
Bens. A Saratoga. . 100
Rich. A Alleg., stock..

aeries,

Vo"

35

Co.

101
Prnnklln
loo 25
131
Gold A Stook
85
25
Bonds
06
Manhattan Telegraph
102 Tg Mexican
lOO 110
.Mutual Union
100
65
1I6>« N. Y. Mutual Un. Tel..
Mutual Unlim Os
78
118
N'west..
7h.
1904
.JAJ
1201s
>4
Post al Telegraph 100
Bonds, Ist 68
61s
Postal Tel. A Cable Co
>s
23
80. Tel., Ist mort. b'ds
120
U4is Bonth'nA Atlantic. 25 65
Western Union
122
100 6II3
118
78, 191111. M. .V- N ..
131
90

I

(VO

25
80
40

Prefi riud

I

do

Pel.

137
141

u.ioo 102>« lOi

f>

\f,...

Hal

S

(<Ulo

.

68,K.,cp.Arg..'97JAD 121
N. Y. & Harlem ....oO, 2:0
Con8.M.,1911 78JAD 129
N.Y.L.&W.,ciiar.5.100 106 107>ii Penn.— 6b, ooiij)., 1910
26'8 27
N.Y.L.Erie& West. 100
Schuylkill Nav.—
5i)^ b0>s
do
Pret.lOO
1st M., 69, 1897.Q-M 101 Is
37Js
37
N.Y. &N.EnKlftn<1.100
72
2d M., 6s, 1907. .JAJ
70
12di4
do
Pref. 100 12d
44
Mort. 6s,cp.,'95JAJ
208
£08
N.Y.N H.&Hartf.lCO
6s, imp., cp., 'SOMAN
16%
N.Y". Out. A West.. 100
35
68,btAcar,1913MAN
N. Y. Peim. & Oliio
3J
78,btAcar,19l5MAN
do
Pref.
Susq.— 6s,ep.,1918JAJ
N.Y. Prov. & Bost.lOO
coup.,
78.
1902.
.JAJ
7^
7
N.Y. Susq. & Western
22
CANAL 8TOCKS.
21
do
Pref.
2% Del. A Hudson
100 9718 97:!l
2Hi
N.Y. West Shore & B
13
Del.
Dlv. leased, 8. .50
10
Norf.&Wc8t„ eom.lOO
5(3 i*
34
Lehigh Navigation.. 50 i'56'
32
do
pref. 100
Morris, guar., 4
100
801s
No. Pennsylvania.. 50
do pf.,guar.l0..100
79 "so"!
Northern Central... 50
125
Pennsylvania
50
North'n N. Hump. 100 124
25>4 26
SohuylMll Nav
50
North'n Pac., com. 100
56=8 o6"e
Qo
do pref. 50
Pref. 100
do
178
Susquehanna
50
Norw.ife Worcester. 100 177
171a ly
Ogd. & L. Chaiup-lcO
mSC'liEiANEOOS
1
'8
Ohio Central
100
BONDS.
223h 22=8
Ohio A Miss
100
Bait. Gas Light 68.... 100
do
Pref. 100
"15' Canton(Balt.)— £68,g., 102
"15
Ohio Southern
100
Mort. 68,g., 1904 JAJ 102
Old Colony
100 x166h 167
Un. RR.,l8t, end.,6s. 116
11
!9
Oregon A Calif
100
do 2d,eud. Os.g.MAN
21
do
Pref... 100 {lU
96i8 9t'^2
Col.CoalAIrou—
l8t,68
22
22
Oregon Short Line
CoT.ACiu.l!ge.5s,3-5y lOlis
;iO% 31
Oregon Trans-Cont
102i«
5s,
5
years
MAS
Oswego A Syr., guar.. 122
109
Hend'nBildge68,l931
Panama
100
Mariposa— 78, '86
Penneylranla KR. .50 i 53
Or. Imp. Company—
5'8
S
Penaacola A Atlantic
91
l8t, 6a 1910, J.AD.
85
23
Peoria Dec. A Ev..lOO
Oreg.R.AN.l8t.6s,JAJ 113 113%
Petersburg
100
Debenture
1837
79,
2414
Phlla. A Erie
50
Con. 5s 1925 J.AD.. lOl'^s 10oi«
220s
Phlla. A Reading...

L»,i„

80
—ige..

102 >i

AH.—

61
3S

2>«
8

H.lOO

Rr<.

Aik,

Bid.

LawraoM, MaM...iaO 140
Lowell

60
20
4a

''t'k

Buk

MiMILLAHIODI.

Jamaica Pl'n,MaiwlOO 133

i>ouds

AlUiil

57

A Delaware—

Isl mort., 68, '86 JAJ
Jhes. AG.— 68, '70.Q.-J
78. '91. JAJ
Del.
l8t«xt., 1891. .MAN

Bid.

Aiiicr. i>i<t. IVI... 100
Aiuerli'
T. I. .V (.'able

Amen

(taolalloBa.

l«t

CANAL BONDS.

U7

U3

N.Y.Clile.A8l.L...100
Pref. 100

Ask.
136l«

Wll. Columbia A Aug
21
Wilm. A Weldou, 7. 100
16 >< Wisconsin Central ...
27%
do
Pref.
109 1U9>4 Voro'terANashua. 100 130

20^

4d

New Jersey gouthem.
do

Bid.

130

Warr'u(N.J.),l's'd,7.50
Weatoh.ib FliUa.,pf.50

Nashv.Clmt.A St. L.25
Naakuu A Lowell.. 100 xiOft"
Newb'g Dutch. A Couu
'iii
do
pref
do
2
New Jei-sey & N. Y
20
do
Pref.
N. Loml.A Nortli'ulOO
N.Y.Ceiit.A H.Kiv.lOO

MUOBLLAHEOOa.

Vt.A Masa.,l'sed,6.10O
VlckAl>. A Meridian
*.H
do
pref
Virginia Midland
WttPawh Pur. com.oort
du
Pref. 100

3^

pref
rto
Ulcliigiiii iftOhio
(to
Pref

Haad or Pint Pac« or

g«e Not«« at

la Luudjo.

1060
142

Boston Co.(.Ma3a.)1000 1050
Boston Belting.... 1001 140

300
95

Duok (Ma8S.)700 795

Bost.

90
Riv.) 100
OhioopeelMaas.) ..100 111 |112
'525
1515
Cocheco (N.H.).. ..500
Collins Co. (Conn.).. 10
'''I J**
86
64
Continental vMe.). 100

Chaoe (FaU

Ores' t

MlIU

.

(F. K.)

100

Crystal Spr.BLlP.R.).

Davol MllU

(F. R.)

100

87
Dougl's Axe (Maa8)100
Dwlght (Mass.). ..500 990
65
Everett (.Mass.)... 100
Fall Riv. Iron W. .100
F. R.

MaehiiieOo.lOO
^

v^uolaiioj por sUure.

I

90
600
5
109

5

.

THE CHRONICLR

692

[Vot.

XUI.

GENERAL QUOTATIONS OP STOCKS AND BONDS— Co.vclddbd.
For Btplauatlou^ See
McJiNG Stocks.

Bid.

F. R. Mprino Co. ..100
Flint Mills (F. K.) 100
Fraulfliu (Mc.)
100

Gri)«y.Mill8(F.E.)100
Granlte(F.R.)....1000
GreatFalleiN. H.)10C

80
nB
105

leoond Nat
ieourity

65

630

«iaKn)nt
h Leather

lliofi

State

20.5

67

Siiflolk

Third Nat
Traders'
rreniont

206
1070
110

Union
Washington
Webster

150
.580

(.Mass)

LoweU

Blcacliery.200

6!I0

Brooklyn
First National
Fulton
City National
Commercial
Long Island
Manufacturers'

I

.

.

'

!

.

BANK

.

.

Farmers'&Planters'2.''j
First Nat. of Bait. 10(1
.

Franklin

German American
Howard

60

46

132
102
112
12

1

Marine

30
Mechanics'
10
Merchants'
100
National Exch'ge. 100
People's
2Ji
Second National ..100
Third National. ...100

Union
Western

75
20

36
131*

132
124
20 »s
150
106
85
32

Boston.
100
100
100
100
100
100
100
100
100
100
100

136

ComiU(mwealtU...100
Continental
100
Eagle
100
EUot
100
Everett
IOC
Exchange
loO

125
120

Atlantic
Atlas
BliMjkstime

Boston Nat
Boylston

Broadway
Bunker Uill
Central
City

Columbian

Commerce

Faoieuil Hall

100

First National
100
First Ward
100
Fourth National.. 100

Freemans'
Globe
Hamilton

100
100
100
fide* Leather... 100
owdrd
100
L'nooiu
100
Manufactui'ers'.. .100

Market
100
Market (Brighton) 1 00
Massachusetts
250
Maverick
loO
.

Mechanics' (So. B.)100
Merchandise
lOU
Merchants'
loo
Metropolitan
100
Monument
100
Mt. Vernon
100
New England
100
North
100
North America..., 100
Boston
50
§Id
eople'b
100
inn
R"^'-'-*'*' >•
*

Price nominal;

l-.i2i4

um

121
13uis
ICO

187%
107
1l2
130l£
12tiii

no

140

Bask Stocks.

.

126

•-27

Qarlleld

110

100

li'Oia

Gflrmau American. .73
Gt'i'mania
100
Ureen wich
25
H anover
1 00
Importers' 4 Tr...lO0
Irving
50
Leather Manuft8..100

97
9S
11351 112
144 115
130
131
lOli*: 105

!

l.Tl

155

115
150

2,'^
Mechanics'
lMechanics'& Tr.. .25
Mercantile
100
Merchants'
50
Merchants' Exoh'ge50
Metropolitan
100
Nassau
60
INew York
100
N. Y. Nat. Exch'gelOO
New York County. 100
Ninth National. ...100
North America
70
North River
30
lOriental
25
Pacitio
50
IPark
100

1,'=0

iPeopie's

120

210

110
200
200
110
108
140
145
124
205
140
360

210
95

97
160

300
150

140

225
90

129 It 130
Second Nat
100
IOOI4 100 >s Security
100
127
1271a Third National
100
1j6% 1371a Western
100
210 Hi
Ncur Orleans.
12o.\ 127
Ca-Jal Ji Banking.. 100
lOliSSi llJ
'Jitizons'
1(K(
yai-3 ;oo
Germania Nat
100
9912 100
Hibernia Nat
100
124 125
Louisiana Nat.. .. 100
II9I2 120
Metropolitan
ll?ia 118
Mutual Nat
100
112
113
N ew Orleans Nat .. 1 00
99 :oo
People's
50
97
U7ia State Nat
100
13i 140
Union Nat
100
101% lOi
Netv York.
2>i2
•lib
America
100
I3OI4 133
American Exch'gelOO
lOJ
no Broadway
25
146 II6I1 Butchers'* Drovers25
112iv 113
Central National. .100
214 215
Chase National
100
140 141
Chatham
25
1601a 151
Chemical
100
138 »3 139
City
100
106 !• 6i£ Citizens
25
61
eiij Commerce
100
155 160
Continental
100
'>T
1'>7U.
J^v^ttiinoo
ion
1

1'23

110
110
KiO

140

70
50

70
i"02'

78
1231s

J

1221s

Connecticut
Hartford
National
Orient
Phoenix

Steam Boiler
110

100
100
100
100
100
50

London, Ens.

Plilladelphia.

Commercial Union. £5
Guardian
50
Imperial Fire
Lancashire F.

i

!

I

98
114
101

I

I

I

140
125
lloia

114

133V

47

48

>t

1411a

140
1151a

117%

118
117

120

120
ifi

330
52
99

55

168

170

lOJ
1041a 1051a

136
liHO
1'23

IWO
J 200
266
110
1

77

1

no late truuaotlODS.

107

25
L..25

.

112
105

13112

175
117

Hartford, Conn.
^tna Fire
100 231

161

2.-1

. .

75
140

1321s

166
118

125

I

"ifis

.

12014 ''Jorthern of Ky ...100
llOis People's Bank

115
12Hia

.

1171a

.

116

.

12li« 125

133
115
230

193

124
165

95
20
25 150
Citizens'
20 125
Commercial
25 225
Eagle
100
50
Enterprise
20
Eureka
20 175
Fidelity
98
100
Firemen's
20 150
Germania
20 102
Globe
20 105
Merchants'* Manuf 20 195
Miami Valley
50
National
100 150
Security
100
Washington
20 130
Western..
25 170

Laat price tUs week.

9lis

130
135
40
115
133
99
105
103

90
100
971a

100

115

275
130
91
178
100

136

100

155
1021s

RO
155
8ft

236
119
29')

131
93
186

17
18
EC
68
158
162
B'kotN. Auu-rica.lOO 3^5
5
51.
&
Centennial Nat
100 140 1.50
London A88.Coi-p.12ia 56
58
Central National.. 100 300 3C6
28
LIv. & Loud. &Globe.2
29
f'ity National
50
47
North'n Fire & Life .5
4,9
Columbian
100 i02' 106" North Brit. & Mer. 8%
32
33
Commercial Nat
63
50
Queen
Fire
&
Life.
.1
2>s
3
37I2
Commonwealth NatSO
33
Royal Insurance
3
31
X;on8olidation Nat.. 30
70
69
New Orleans.
Corn Exchange Nat. 50
621s
Crescent Mutual
39
43
Eighth Nat
100 270
87i«
86
1 actors' and Traders'.
iFirstNat
100 232
Firemen's
70
Farmers'&Mech.N. 100
151%
120 1211a
Germania
Glrard National
40 93
96
100 105
Hibernia
Kensington Nat
50 90
95
70
Home
75
Manuf act'r'rs' Nat. 1 00 116 118
104 107
Hope
.Mechanics' Nat. ...100 134
65
Lafayette
70
Merchants' Nat
140
135
60
Merchants' Mutual
63
Nat. B'kComuuirce.,50
56
54
Mechanics' &, Traders' 110
1121s
Nat.B'kGermant'n.50 1 10 135
I914
New Orleans Ins. Ass'n
201a
Nat.B'kN. Liberties 50 170
175
35
3814
New Orleans Ins. Co
iNat.B'kRepulilic.lOO 140
15
People's
National Security. 100 120
121
Sun Mutual
x 1261s l'29>i
Ninth Nat. Bank.
110
123
Teutonia
lie's
I'eim National
50 75
People's
100 175
Newr York.
American
Philadelphia Nat.. 100
50 150 157
246
American Exch... 100 90
Second Nat
100 15!4
9S
Bowery
.Seventh Nat
100 105 lor
25 145 150
Sixth Nat
Broadway
100 120 125
25 170 177
Brooklyn
17 175
190
Southwark Nat
50 125
Citizens'
125
Spring Garden
100 100
,.20 115
Tenth Nat. Bank.
City
105
70 115 120
101
iThirdNat
Clinton
100 115 123
100 110 115
Commercial
35
lUuion Nat
50 30
50 70
Continental
100 210 220
Western Nat
50 109
West Philadelphia.lOO 115 120
Eagle
40 2:so 245
90
Empire City
100 86
Portland, me.
102
E.xchange
30 95
Cumberland Nat.. .40 52
53
Farragut
Canal Nat
171
50 115 120
100 169
86
Firemen's
93
fiasco Nut
17
100 150 152
First Nat
Germau-American 100 240
100 1J8 liO
130
Germania
.Merchants' Nat
75 122 124
50 Vlh
Globe
50 110 115
National Traders'. 100 142
144
Green wlcli
25 200 225
Klchmond, Va
75
Guardian
2,5
100 70
C'ity BanJc
27
112
Hamilton
15 108
First Nat
100 142
Hanover
50 127 133
Merchants' Nat. ..100 1191s
140
Home
100 135
Nat. Bk of VirglnialOO
92
70
75
Howard
40
Planters' Nat
100 1371a
120
127
Jefferson
30
of
State Bank
Va.lOO 109 112
Kings Co. (B'klyn) .20 '208 215
St. liouts.
95
Knickerbocker
30 87
B'k of Commerce. .100 450 460
85
90
Lafayette (B'klyn) .50
100 315 330
Commercial
90
Long Tsl'd (B'klyn). 50 85
Continental
100 140
Manuf. & Builders'lOO 110 120
loo 160
Franklin
40
50
Mech. & Traders'. ..25
Fourth National ..100 235
76
85
Mechanics' (B'klyn)50
International
100 90 100
60
65
Mercantile
50
100 1171a
Mechanics'
115
Merchants'
50 112
Merchants' Nat... 100 1021s
90
100
(B'klyn)..
Montauk
50
St. Louis Natlonal.lOO 125
Nassau (B'klyn).... 50 145 150
Third National.... 100 110 112
90
95
37ia
National
San Francisco.
166
35 160
N. Y. Equitable
A nglo-Calif ornia
85
76
100
York
Fire
lank of California
New
170
50 150 158
Niagara
First Nat. Gold.... 100
124
lotf
103
River
25
North
PaelHc
150
160
166
2.^
PaciHc
;FiKR INSITU'CE
103
lOii 100
STOCKS.
Park
160
20 150
Peter Cooper
Baltimore.
106
100
50
Associate Firemen's.
9
81s People's
140
h^ l:.8
Pheuix (B'kijTi)
lialtinmreFire Ins. 10
3Ha
1-2$
117
25
Firemen's Insur'co .18
Rutgers'
201a
106
5u 10)
Howard Fire
5
8
81a Standard
80
lOit
65
Star
Maryland Fire
10
4<9
ttO
50
lOi
Sterling
Merchants' Mutual. 50
65
115
110
25
Stuyvcsant
National Fire
10
41a
38
25 133
Uuitcasta'ca
Boston.
130
10 \M
130
Westchester
Amerlci>,n F. & M..100 125
•-'31
245
14-:
Willi.." burg City..''!
Roatiin
100 1 15
I

105

260
170
145
135

52

I5II4

2
100 103
136
1 00
St. Nicholas
IOC
Siateof N. Y
100
Tradesmen's
40
United atat.'s Nat. 100 201

l.i5

131

96
North American ..100 102
Prescott
100 100
Shoe & Leather.
85
100
Washington
98
100

Aurora

Seventh Ward
^hoe lit Leather

600
116

158

135
ICS
.M

'20
127'a Plienlx
Republic
IOC
Second National. .IOC

15t
137>a 140

.00

Cincinnati

X'lK'

I

210

Ask.

97
91
127
180
33
112

Cincinnati.
Amazon(new stock) 20

1.^7

100

150

...100

Firemen's
lOc
Manufacturers'. ..100
Mass. Mutual
IWI
Mercantile F. & M.1(K)
Neptune F. & M ... 1 00

Bid.

. .

iKo"

;t50

j.Market

108

205
135

.50

1'28

200
200

150
106
19J

10*

100

He use... 10'!

Eliot

'

no's

IssuBANCE Stocks.
Boylston
Dwelling

;

j

\

Ask.

25

;

121
68
134
City
100 65
Connecticut liiver 50
46
Far. & Mech. Nat. 100 110
iFlrst Nat
100 103
Hartford Nat
100 16'^
Mercantile Nat
100 100
National
Exchange
50
131a
65
137
Phoenix Nat
1(X1 132
State
100 100
United States
100 200
Ijoulsvllle.
IJ'nk of Com luerce.
117
iank of Kentucky 1(K) 155
ISauk of LouisvillelOO
76
(Citizens' National. 100 122 >«
138
City Nat
100 ii;i4
123
I''all8 City TobaccolOO
95
112
Farmers' of Ky ...100 109
123
Farmers' & Drov. 100
131
li'irstNat
100 160
lerman Ins. Co.'s.lOO 125
IS8
Jenuan
100 l;^2ls
107 « Oennan National. 100 140
112^2 Kentucky Nat
100 140
131
Ixjuisv. Banking Co. 40 2'25
127
Masonic
100 138
130
Merchants' Nat. ..100 139

I

Bid.

'East River

1271a Eleventh Ward
25 120
First National
137
1 00 1050
15] la Foiu-th National. . 1 00 128i«
Fulton
180 185
30
I2OI2 121
Fifth Avenue
100 490
lOlia 102
(lallatin National ..50 :iCO

100 128
50 310
40 140
50' 310
60 130
100 115

. .

) .

Ask.

Piie of iluotatloni.

Manhattan

1000
Mass. Cotton
.Vlechanics'
Mechanics' (F. R.) 100
50
Merchants' (F. R.) 100
Nassau
100
Merriuiaclv(Mas8)1000 Xl3i:0 1340
Charleston.
Metacomet(P.E.) .100
B'k of Chas.(NBA) 100
I74ii First Nat. Chas.. .100
Middlesex (Mass.) .100 174
85
NarraKau8'tt(P.R,)100
People's National. 100
Nashua (N. H.)....500 42o'' 430
Chicago.
91
American Exch. Nat..
Nanmkeas (Mas8.)lOD 90
Bl
Glass
82H
N. E.
(Ma8S.)373
Atlas National
340 350
100
Newmarket
UhicagoNat
16
15y0
Comnuircial Nat. 100
PaclUc (Mass.)... 1000
1077 Continental Nat... 100
Pepperell (.Ale
. . 500 1073
50
Pooasset (F. R.)...100
100
First National
Rich. Bord'n(F.R.) 100
Hide and Leather. IdO
Robeson iF. Eiv.) 1000
Merchants' Nat.. .100
1 10
Bagaiuoro (F. Kiv.) 100 lOP
Motroj>olitan Nat. 10''
Saiiuon Fall6(N.II.)300 270 28:)
Na-. Bk. of Amer..lOO
37 H 40
8andw.GIass(Mass.)80
Nat. B'k of lUinois.lOO
85
Shove (Fall Hiv.). 100
Northwestern Nat 100
65
Blade (Fall Riv.)..100
100
Onion National
Stafford (FallRiy.) 100
Un.Stock Y'rts Nat. 100
Stark Mills(N.iI.)1000 1020 lO'is
Cincinnati.
95
yo
Tecum.aeh (F. R.). IOC
Cincinnati National...
TUorndikc(Mass.)100( SCO 880 jC^itizens' National
109
»3
108
Tremont&S.(Ma.'^s)10('
iComuiercial Bank
Troy C. J;W.(F.R.)o()f 725 750 ;Fidcliry National
•200 H First National
Union C.Mr, (F.K.) 100
130
Wainpanoai;(F.R.) lOU 120
Fourth National
2
1'6
WashinBt'n(Ma89.)10(.
Geruuin National
Weed Sew. M'e (Ct.)2i:
Merchants' National..
"65'
Weetamoe (F. R.)100
Metropolitan Nat
42 k 45
Wllllm'tlc Linen(Ct)'2.''
Nat. Lnf & Bk. of Com.
York Co. (.Me.)
75€ x82o 835
Queen City National..
STOCKS.
Second National
Baltiinore.
Third National
Bank of Kiiittiuore 100 140
Union Nat
Bank of Commerce. IS 17
Western German Bank
Citizens'
li)h 20
10
Hartl'ord.
Com. & Famers". 100 123
jEtnaNat
100
34
Farmers' B'k of Md 30
American Nat
.50
56
Farmers' & Merch. .40
Charter Oak Nat.. 100
.

Bid.

138
127
134
151

Brooklyn.

85
1450
780 785
237 240
x840 M75
69
OS's
36
133
9i0 9J0
yo

(Mass.llOOO 1440'

Ijowell Mneh.Sliop..500
Lyniau.M. (Mass.). 100
Manchester (N.H.) 100

100
100
100
100
100
100
100
100
100
100
100
100
100
100
100

Revere
Rockland

100

fi'iif

Lowell

Stocks.

Rcpulilio

Hamilton (Mass.) 1000 620
HarU. Carpet (Ct.)lOli 200
65
10(1
IliU(Me)
Del. Div.— 6s. 'H8-J&J
Holyoke W.Power. 100 202
Jackson (N.H.)..1000 xlOoC
King Philip (F.R.) 100 105
I.aoomB(Me)
400 445
Lancaster M.(N.n)40C x570
L'r«l Lake Mills (F. R.)

Lawrence

Bank

Ask.

iVotes at Ileal of First

{

Quotation per share.

'

y

Assessment paid.

-

I

:

JO.VB

.

».

:

:

.

rHK CHllONKJLK.

18fi«.J

i

ji \i

c

3

1

mcn

it*

t

and

rnitfre tome (|9A0,00n) of Hrat mortgage lis
all the Btoolc of that compiny."

The

iRallvoad

093
nnd flnnnciat oondition iti thflpMt
u<ual furm for the Cukoxicle, are

RtatlHti'M oro|>oratton*

four ye»rM, compiled In
as folluwit

J^iitclUgcucc,

tbt!

Bul'IPMKNT.
iHMriM.
l,38t

urtxx, A<lli

The iNVESTOBS' SUPPLEVKNT contain* a oomplete emhthit of

8''2-3.

owned A

Funded Debt of States and Cities and of the Stoi:k.i and
Bonds of Railroads ami other Companies, ft /* piiblUhed

Hlleii

on the last SatHrday of eoery other month —viz., Febrnnry,
April, Jane, Angust, October and December, and U furnished without extra charge to all regular subscribers of the
Chroniclk, Extra copies are sold to subscribers of the
CnKONicLK at 50 cents each, arid to others than subscribers

KielKlit nini
All otlicrciira

the

at |1

1.3nl

ojxir.

Roa
201

I^occiniiiilvcd
I'iJi<!<.,iiinlKloxp.oara

7,4'

Oprraliotm.

jrer mill iiirfi .
KntoiicrrindK. p.iiillo
[•r<l(,-lit(tiiiin)iiioV<l'
l'ii880

Do

PiMiioi'Kor
PrtilKht

Kock Island & Paclflo.
year ending March 31, 1880.)

Chlcfljiro

(For the

elected for three years

:

R iswell

P.

George G. Wright and Henry M. Flagler, all being reelected, except Henry M. Flagler, who takes the place of A. O,
David
Dulman. The board of dire -tors now stands thus
Dows, FVancis H. Tows, Jas. K Cowing, Sidney Dillon, R. P.
Flower, Benjamin Brewster, H. R. Bishop, Henry M. Flagler,
Hugh Riddle, H. H. Porter, Marshall Field, R. R. Cable and
Geo. G. Wright. After the annual meeting the board of
ter,

Ransom

Cable,
President; Divid Dows, Vice-President; A. Kimball, VicePresident Warren O. Purdy, Secretary and Treasurer.
The Chronicle baa obtained an advance proof of the annual
report, not yet issued, from which the information below is
condensed. The income account for the year ending March
31, 18S8, is thus stated
R.

;

:

Set

$.|,837,t.'i.^

eanilt gs

Add net

3KI.000

cash receipts of lands suld

$5,147,453

Total net reyeniin
this sum there has been paid
For iotcrest on bonded debt
For rentals on least d lines
For rentals and tolls Missouri Elver bridges.
For dividends on capital stock

From

$990
2fl7iiclii.

3,618,111

$67,239

and bended debt of the compiny

is

as

follows

117

ct».

1-10 eta.

3.333,<.6!)

2C0
12,.')<i0.oo>'

P.OflO.noo

5,000,000

In comparison with the previous year, passenger earnings
show an increase of $103,373, or 3 42-100 per cent, which is
made up of an increase in earnings on business from connecting lines of ^18,77o and an increase of earnings from business originating on our own line of |84,597. The number of
passengers carried one mile increased 6,590,169, or 5 37-100 per
cent.

Freight earnings for the year show a decrease of ^30,483,
5 28-100 per cent.
The revenue from througli freight
(freight delivered to or received from connecting lines) decreased i|4^8,028, while the revenue from local freight increase! $27,545. Of the entire freight earnings, 54 33-100 per
cent was from through, and 45 64- 100 per cent from local
or

freight.

show

a decrease of $202,562, or 1
earnings, a decrease of $209,131, or

Operating expenses (exclusive of taxes) a decrease of $90,697,
1

32-110 per cent.

JOSEPH & IOWA RAILROAD.
"Since the date of our last report a road has been built by the
St. Joseph & Iowa Railroad Company, a corporation exibting
under the laws of the State of Mi souri, from Altamont,
Daviess County, Mo., a station on the S'>iithw( stern Division
of this road, through Daviess, DeKalb and Buchanan Counties,
to St. Joseph, Mo., distance, 50 miles, with a branch from St.
Josfph, Mo., to Rushville, Mo., a station on the Atchison
Branch of this road, 15 miles. Total mileage, 65 miles,
ST.

"To

:t,873,6Ct4

1-07 ct».

1,163,481

12,19i>,!)03

12,533,514

12,206,911

12,004.348

Mnint. of cqnlpin'nT.
Tiansport'u exp'ses.

Taxes
MlscoUmeoa^l

$

9

•

1,663.6(11
1.066. ".(H

l.6^/..^.-l

1.414,203
1.064 .517

3,fi7<),!MS
3.')6,6«o

3,8.'):',».'.7

1,3*1. .•>34
719,3:hi
4,r)9»,284

37!.278
383,643

204,607
855,.i48

301.871
3S0,5F3

1.076.173

342,050

Total

Not earnings
P.cof op.ei.toeam.

7,100,817
6,080,086
58'33

7.208,002

7,160,324

6,237,.'il2

5,016,5>-7

58*2J

68-63

9
3,>-46.749

7.186,893
4,337,465
69-70

'Conpany's freight not Inclndrd.
t rnclndcs lost and
damaged goods,

A-e.; in.liirlCB to persons, catlle
contingent account; legal crpcnscs, Ac.
IJtCOMB ACCOUNT.
1881-82.
1882-83.
1883-84.
1884-85.

killed, Ao.; repairs of telegraph;

Reeeipis—

$

$

Net earnings
I'rom laud dcpartm't

6,080,086
560,000

Total income
Visbursementa—
Rent IciiHcd roads
Interest on debt
Dividends
Rate per cent

5,640,086
..

acc't..

$

$

5,237,,'512

5,046,587

4,837,45.1

470,000

330,0o0

310,000

5,707,512

5,376,587

5,147.455

301,121
1,094,750
2,937,180

2,937,186

1,300,000
147,593

301,121
1,002,350
2,937,186
7
1,200,000
177,784

5,639,143

5 618,441

5,279,401
97,186

s

$
304,363

.

9.'i0,000

2,937,186

7

943

7
750,000
196,344

89,071

301,«05
1.21?,2.'50

7
463,000
164,';

84

5,C80,215

67,240

Including rent, Ac., Mo. River Bridge.
CENtnAL BAL.tKCB AT CLOSE OF EACH FISCAL TEAS.
18-2-3.
1883-4.
1881-5.
18858.

aid in the construction of that line, the C. R.

I.

& P.

a

ffi

AiiseUi—

RR ,bldgs.eqiiip.,&c.

9

$

58,479,198
5,308,211
275,739
1,498,02S

59,225,949
4,069,680
282,267
3,274,440

60,076.755 61,366,336
7,974,389 '10,233,418

342,067

b56,as0

2,324,271

1,728,340

Totnl assets
lAabilitiet—
Stock, common
Bds.(Kee Slii-lkm't)

65.591,176

66,851,336

70,717,432

72,684.274

$

8

Total UabiliUes..

65,561,176

Stks Aiids.ow'd,cost
Materials, fuel. &c..

A cash items..

$

«

41,960,000 41,960,000 41,960,000 4],<1Pu,000
17.500,000 17,500,000 2r,.'500,000 121.400,000
Adrilfu A inip.aec't.
7,7r>0,COO
5,800.000
7,t00,000
8,213,000
payable...
10,149
11,238
Accounts
30.199
506,751
2fl.li27
380.0f8
477,283
544,52i
Profit, bal.inc.acc't.

interest.

or

ct*.

Total frroAseam'KR

$11,959,800

The proceeds of the sale of $1,470,000 of the 5 per cent Extension bouds have bren invested in stock and bonds of connecting and other railroads, for the protection of this ctnipany's

net

104

3,127,W8

Cash

Capital stoekl8.sned
Frjictiooal scrip oonveitlhje into stock
Sl.x per lent mortjtage bonds
Five per cent extension bonds
Seven per cent O. & S. Western bonds, guaranteed

earnings

KM

3,!i8n,r,01

7,713.65!)

4t)3,C00

Surplus for the yevr

Gross

2

3lb 734.(Hil,H80 780,ft4'».2Cl 719,')7>'j565

1,038,883

«53P,230

Leaving

66-100 per cent;
4 14-100 per cent.

ISs.-irt.

3.121.007
]2i.208,«0t
2-420 ctn.
cN.

2,937,186— 4,617,216

Carried to "addition and improvement acoouut".

Tlie capital stock

l(iS4-n.

2,K.m,0(iO

3,«38,894

Total disbursements.
Balance, surplus ....

164,7i?4

.

1SH3-4.

2.8J3327

8,14-1,142

Add.andlmp.
$1,213,250
301,995

703

3.313.448
8,056,316
1,165,750

Miscellaneous*

:

702

928,308

:

directors elecied the following officers:

^31
7,KCf.

I'JS, 810,160 122,<11H,'J39

2r)0tdH.

7,!>28,236

Operafg Kxji'tes—
way. ic ..

followinf? directorR

32<l

7.9RI

MaU,expr's,r'uts,Ac-

Mai'it. of

were
Flower, Benjamin Brews-

At the recent annual meeting, the

6.
I,3ft4

20

U
672

3,4'>4.KM7

Karninga—

ANNUAL REPORTS.

IBS

AXD FIWAr. KESULT*.

2,T84.7'23
133.I3.t,2H0

(tons) iulU!ii)j«' U77,7:il

Av.rntop.lonp.uiUo

1

1,344

315
218

18ft2-».

rnssniiKiinrarrlcd

mfi«-.-,.

7,7

1)

677
OPKIIATIOirR

per copy.

pir o«nt bond*,

*
t

66,851,536

70,717,483

72,684,274

Includes ¥400,000 companj 's 6 per cent bonds.
Includes $5,000,000 Chicago A Southwesteni bonds gnaranteed.

Galreston Harrisbarg

& San

Antonio.

{For the year ending Dec. 31, 1885.)
The annual report for 1885 just issued has the following
"On Feb. 10, 1885, a lease of this property was m.-v1e to
the So. Pac. Co. for a term of ninety-nine years, taking effect
March 1, 1885. Under this lease the Southern Pacific Company agrees to keep the leased property in good repair,
operate, maintain, add to and belter the same at its expense,
pay all taxes assessed against or levied thereon, and discharge
all liabilities and obligations of every kind except the obligations to pay the principal of the bonded indebtedness now
outstanding or which may be hereafter created, and that as to
such bonded indebtedness the lessee will payoff and discharge
at maturity the interest upon the same, and, furthermore, to
pay to lessor annually, on the 1st day of May of each year as
:

rental, a sum equal to 16'^ per cent of the lessee's net profits
for the year ending Dec. 31 preceding, that may remain from
the operation of all the properties embraced in said lease.""
The earnings and expenses for the year 1885, compared with

the previous year, are as follows
$3,2.'>3,H77

1884.
i»2,903,»90

1,701,970

I.97!t,760

1885.

Gross earnings
Operating expense*
Snrplns...

Taxes and other expenses
Interest on bonded debt
Interett en State of Texas debt
Interest on floating deM

l,S>l9,0t7

61,A66
1,384,245
14.P8.S
19,6t)l

$9^2,8£0
^6,<.^^5

1,235,330
ls,362
25,168

Railway Company has issued $960,000 of its five per cent
~480,367
1,332,916
Extension and Collateral bonds, lieing at the rate of $15,000
Def »410,086
Eur. $68,640
per mile for 64 miles of completed road. The proccfds of sale
of these bonds have been used in building the line and obtainIn the above statement the earnings and operating expenses
ing station and terminal facilities at St. Joseph, Mo., which for ten months, as furnished by the Southern Pacific Co., are
are now worth a very considerable advance over the cost to added to those for the months of January and February.
the Company. As security for this investment, our Company
The results of the yeai'a operations imder the leaee are as
has received from the St. Joseph & Iowa Railroad Company follows
:

—

'

—
THE CHRONICLE.

694

.„„255

$366,107

189,323-

elebted.

—

flantingrtoii Kailroads. The gross
April, and for four months to April 30,

$61,555
230,325
19,0al
40,078-

GENERAL ACCOUNT DEC.

Lex. & B. San.
Ches. O. & Southw.
Jan. 1 to April 30—

1, '227,842

assets

Second mort. bonds,
Eastern Div., unsold
Second mort. bonds.
Western Div.,unsold
City and couuty bonds

365,000
1,484

By sundry liabilities.
By balance from inc.

$55,108,386

Total

Atchison Topeka

&

April.

Gross earmngs
Operating expenses

761,150

,

—

i

mos Jan.

yet Earnings.1885-6.

$2,689,530
371,813
3^3,814
395,031
313,925

Maine Central. —The gross and net earnings
for three months have been as follows

231,571

^areh.
1885.
1886.

Gross earnlnes
Operating expenses

1 ,163.2Ci8

Neteamtnes

.

.

$500,329

.

for

March

$242,550
149,965

$221,564
138,460

$92,585

$83,104

Morgan's Louisiana & Texas R.
operations for 1885 were as below

Jan. 1 to March 31.
1886.
1885.

$616,726
436,362

^

$590,483
418,336

$180,364
$172,147
result of the

R.—The

:

1 lo April 30.--

1885.

1886.

1885.

$1,297,824
736,066

$4,490,441
2,666,029

$4,824,401
2,776,738

$561,758

$1,824,412

$2,047,666

Gross earnings
Operating expenses

$1,232,018
2,629,542

Net earnings
Deduct—

$1,602,476

$230,050
458,757
51,984
103,678

Rentals
Interest on debt

Betterments
Taxes and miscellaneous

$544,469
$758,007

Total

Neteamlnjrs.

1881-5.

$3,118,158
4569,80
404,858
576,332
444,029

:

.

27,082.030
11.000

—

1886.
$1,261,479

$364,711
$260,888
84,805
59,720
160,001
125,804
gross and net earnings, by

and

Santa Fe. The gross and net earnings
months were as follows:

.—

$83,075
18,540
32,786

$i,')00,355
$1,151,113
Total for 10 ra)S. $11,097,110 $11,893,1.):
During- the ten months in 188.5-6 $226,518 were spent in
construction, and not deducted here from net.

GENERAL INVESTMENT NEWF.
for April and for four

$105,821
24,935
42,126

-Oross Earningt.
1884-5.
1885-6.
$7,106,220
$6,836,178
1,030,021
1,170,749
1,019,266
1,083,308
1,281,516
9,103.935
967.740
1,158,699

April

$55,108,356

Total

$1,069,781
213.318
475,476

March

437,576

account

Cheeapealte&Ohio. $1,189,726
262,936
& B.San.
Ches. O. & Southw.
493.971

January
February

$25,883,000

.

356,000

."io.eBS

119,241

July 1 to Dec. 31.

By

State of Texas
School Fund Debt .
By capital stock—
Com. stk. outstndg.
Stk.div. uncalled for

6").743

—The

for

Ifet earningt.
1886.
1885.

124,071

LonisTille & NasUrille.
months, are as follows

and net earnings
were as follows:

.

$290,002

Eliz. Lex.

Or.

By funded debt

$317,162

Eliz.

31, 1885.

Dr.

Gross earnings.
1886.
1885.

'

AprilChesapeake & Ohio.

351,559

$14,843
leaving a surplus from the year's current operations of
" There has been no change in the position of our claim
against the State of Texas for the lands we became entitled to
by the construction of the Western Division, amounting to
As the many advantages
about 6,977,440 acres of land.
accruing to the State at large, by the building of this road,
are becoming more manifest with each passing month and
appreciated by its citizens, we expect that the State will see
the equity of our claim and grant the lands we have earned.
In addition to these lands the Company owns also 1,443,300
acres in various parts of the State, and town sites, lots and
other valuable terminal real estate and land aggregating
about 17,640 acres, all of which is constantly enhancing in
value and which can be applied towards the reduction of its
bonded debt."

Toreal estate

[Vol. XLII.

year by the stockholders were C. H. Houghton, F. T.
The polls were kept open about
T. W. Hyde.
half an hour, and the committee soon after reported the
whole number of ballots cast was 26,222 and each of the candidates named received all the votes, and they were declared

$176,817

$16,977,248
4,306,436
l,87n,377

,

Amory and

**^^ 'ZTl
274,933

Miscellaneous receipts
Eecelved from So itli. Pacific Co. (10 rao's).
DISliURSEMENTS.
Taxes and other expenses
January and February proportion coupons.
duelnlSS.')
Interest on flDating debt
Transportatiou expenses prior to lease

To coot of road
To equipmeut.

:

last

RECEIPTS.

Gross earnings for two niontlis
Less operating expenses

To sundry

——

-

:

—

Chicago & Northwestern. At Chicago, June 3, the annual
meeting of the stockholders of the Chicago & Northwestern
Railroad was held, and D. O. Mills, John M. Burke, Marvin
Hughitt, N. K. Fairbanks and Horace Williams, whose terms
as directors had expired, were re-elected. Percy R. Pyne was
chosen as a directoT in the place of C. J. Osborne, deceased.
The Board of Directors re-elected the following officers
Albert Keep, president M. L. Sykes, vice-president, secretary
and treasurer S. O. Howe, assistant secretary and assistant
treasurer in New York; Marvin Hughitt, second vice-president
J. B. Redfield, assistant secretary, assistant treasurer
:

;

Balance

per cent of the earnings of the New York Pennsylvania &
Ohio, leased line, the other 32 per cent of the earnings of that
The net earnings are correct as
line being paid as rental.
showing the actual results to the New York Lake Erie &

Western Company.
.

;

;

—

New fork Lake Erie & Western.
and net earnings for seven months of the current fiscal year
is given below, by months, and the gross earnings include 68

The statement of gross

Oct. 1 to
April

Gross Kamings.
1884-85.
1885-86.

Mch 31. $10,642, 371

$9,397,169
1,469,013

1,741,356

->
Net Earnings.
1885-86.
1884-85.
$2,953,993 $2,236,612
466,933
269,013

and auditor. The press report says " The gross earnings of
the road for the fiscal year ending May 31 were about Total 7 months.. $12,383,727 $10,866,182 $3,420,926 $2,505,625
New York & New England.—The gross and net earnings
$24,300,000, including the estimated earnings of the month of
May just closed. The operating expenses and taxes, estimating from Sept. 30 in 1884-85 and 1885-96, by months, are as follows
-Net Earningt
Gross Eamlngsthose for May, will be about $13,900,000 the interest on the
1894-5.
1885-6.
1885-6.
bonded debt and sinking fund amounts to about $5,700,000,
18S4-5.
$679,965
$146,957
$1,520,655
making the estimated net revenue $4,700, on from which the Oot.ltoMaroh 31. .$1,820,745
106,057
262,102
72,237
314,504
April
dividends of six per cent on common and seven per cent on
preferred stock, amounting to $3,444,500, have been declared,
$519,194
$786,022
$1,782,757
Total 7 months. ..$2,135,249
leaving a surplus of $1,355,500, exclusive of revenues derived
Northern New Hampshire.— At Concord, N. H., June 3,
from the sales of land."
the arguments were begun in the action of Samuel H. Djwes
Cincinnati Sandusky & Cleveland.—The Boston Herald and others against the Northern Railroad and others, brought
of June 3, says
'Cincinnati Sand. & Cleve. common was the to contest tlie validity of the lease of the Northern to the
local leader, opening at ISJ^, against the last previous sale at Boston & Lowell Railroad.
14^, and rising to 18J^, with reaction. The advance was on
Ohio Central.— The Chairman of the Stock Exchange has
a favorable decision in'the suit against the Indiana Blooming- announced that it is proposed to strike the Ohio Central stock
ton & Western road,". [It is since reported that the I. B. & and income bonds from the list, and that if anybody has objecW. Company have appeared.
tions, he is notified to communicate with the Stock List ComDenver So. Park & Paclflc—Notice was given May 29 mittee on or before the 7th inst.
that the coupons due May 1 will be paid by Messrs. Winslow,
Ohio & Mississippi. The gross and net earnings for April
Lanier & Co. on presentation.
and for four months to April 30 were as follows
:

:

.

;

:

'

—

East Tennessee Virginia

& Georgia.—The Committee of

Reorganization of the East Tennessee Virginia & Georgia
Railroad Company gives notice to the holders of the Central
Trust Company certificates, issued in lieu of East Tennessee
Virginia & Georgia Consol bonds, Cincinnati & Georgia
Divisional bonds, and East Tennessee Virginia and Georgia
debentures and the overdue coupons thereon, that there will
be a meeting at the office of the Central Trust Company on
the 30th day of June, 1886, at 12 o'clock noon, to designate
the first board of directors of the new company, said board
to consist of fifteen in number. The transfer books will be
closed on

June

31.

—

The adjourned annual meeting of the Eastern Railroad was held in Boston on Tuesday. A committee
was appointed to collect, sort and count votes for three
directors, the election of whom was postponed from last December to await the result of the legal contest over the ticket
elected by the bondholders. There was only one ticket in
the field, bearing the names of Arthur Sewal of Bath, Me.,
Joseph H. Gray and Jarvis D. Braman of Boston, the firstnamed being elected last year on the bondholders' ticket and
the other two being new men in the board. The men elected
Eastern Mass.

April.

.

1886.

$270,193
Gross earnings
Operating expenses... 210.328

Net earnings

$59,870

.

1885.

$2sh,964
221,642
$67,322

'
Jan. 1 lo April 30. —
1885.
lSi6.
$1,198,734
$1,121,567
949,329
860,857

$263,710

$249,405

Palnesville & Tonngstown.— On June 3 the Painesville &
Youngstown Railroad was sold at Painesville, Ohio, by Master

Commissioner Ralph K. Page for $400,000. The property was
bid in by J. B. Burrows, of Painesville, for Lewis H. Gunther,
of New York. The property was appraised at $480,000. The
guage of the road will be widened to standard width and
operated by a new company as the Pittsburg Painesville &
Fairport Railroad.

Philadelphia & Reading.— The result of the joint operaReading Railroad and Coal & Iron
tions of the Philadelphia
Company in the month of April, the fifth month of tlie fiscal

&

New Jersey Railroad leased), was a
decrease of $253,366 in gross earnings and a decrease of $467,407 in net, compared with April, 1885. In the five months
from Dec, 1, there was an increase in 1885-6 of $839,100 in
gross earnings and $136 471 in net, compared with the same
period in 1884-5.
year (including Central

J

June

:

THE CHRONICLE.

5, 1888.

Grott

Rteriiilf.

—

Htl

-

1885
Dopoiuber

,

Jiiiiiiniy

.

K*»bniiiry .....
Muri'li

.

Aiirll

.

.

*3,!»37,7H7
2.9)10,913

U.

91,110,833
«oe,08a

ift3,3!)0,3H4

2,670.017
8.377,405
8,271,577

Kiceiiitii.

•2,(ii)l,15.'5

^

IH8 !•.».
$871,157

2,1)73.971

5e'2,074
679,1411

oi:i.ii2

3.523.913

619,121

98(1, r,as

l!,7«4.2il8

600.075

915,313,710
$3,177,258 $3,013,727
action of Judge Mayer of
Lock Haven, in appoinlinn; Tatlow Joclison receiver of tiie
Pittsburg Kuilroad in Pennsylvania
line of the liochester
was appealed to the Supreme Court, which on Monday last, at
the
appeal and aitirmed Judge Mayer's
dismissed
Harrisburg,
The opinion of Juige Mayer was a very elaborate
decree.
one, and he maintained that so far as the consolidated corparation undertook to create debtor to deal with property in the
State of Pennsylvania it must be regarded as a Pennsylvania
corporation and comply with the laws of the Commonwealth,
and the" Supreme Court has sustamed this view and affirmed
his decree.
St. Joseph & Grand Island.—The gross and net earnings
for April, and for four months, Jan. 1 to April SU, were as
follows
April.
^Jan. t to April 30.->
Total 5

iiiotitlis... 816,232,1^19

Rooliester

& Pittsburg.—The

&

:

.

.

Gross earniiiKS
OperatlBK expeneea....

Net earuiDKS

&

1886.

18.15.

$90,115
47,502

$72,166
87,306

$369,2.6
189,521

$38I,S.'»9

$-12,913 dcf.$l.T,140

$179,705

$92,928

1886.

1885.

208,931

—

PaclHc. It is promised that a new plan for
straightening out the all lira of the Texas & Pacific Railroad
Oomp:iuy is soon to be made public. The stockholders' committee lately appointed U at work on the new plan, with a
committee representing Philadelphia interests.
Bond and
stock holders alike are siid to be protected by the details of

Texas

:

695

contained in this |>amphlet leeiu to be niu<ie neoeMWT by th«
present condition and future proapecta of tha company, and
the concessiona askeil for seem to tw fair to all InteriiitH; and
moreover they seem to grant to first mortgage twmdholdera
about aa much from the projHjrty In the future as thev could
possitily ho|«' for if the main line of ro;id should \m diitintegatod anil foreclo8e<l piecemeal under the several inort^ages.
The arguments of the ciimiuittt'e a|>pfar to be sound ami tlieir
conclusions fairly drawn. The following ore extracts from
their pamphlet:
"

But

l)mi(lhi>lilor»

mny »<lt why U

thin (llir<rencu in ntton uikI

the Wabuili Coiiipnny cumpelliMl to ntiry

Tbe reaunn

U

nhyl

I

•te«

frnlKlit »i

Itx

to iill wlm know
:le«
wliluU l>e»ot If. It niii« from 8t. Loi.Uiiiiil Kii.kiU to T
,ilr
lu a northeiiHti^rly (llrielliin. All roiidn fri.n.
.rd,
except tlm .MIcblKim ('.•iirnil, oruKj It
All
riiwest, i-outU aiKl miiitliruHt, vroxH It, anil tliin
Ke
IU» ullnks of a fan.
;iimii»t«il witli tin; i;.»lLiui k,
Olilo mill i.tlicr MimtlK'ru mails r.xteiiil up Into Its terrltoi
,iapetltors for Its l>a«liicB8
bin rmnU piiriillol Willi It
lie
liikfs toHt. I»uIh lompotliiu fiirlts IbroiiKli hiiiI lor m.o
i-ro
Isno piiiiit iiu Its Hues not sul>.)out to uoiiipniltloii a> wit.ii^.i. ,,,[,(}.
titluii can lie.
TbiM'o
parallel roiuls ou ull sideK. .ml inl. f..,-itig
It at all points.
It 1ms takm many years to brluif alioiu Ibis roiult. but
time bns now pnibnlily ilime Its worst. TUe mlsoblef to tbe Witbasli
system lias been tiiiiuense." « • •
'• It mint liii
appiireut to every cL^ss of botiilbolilors eiwt of the K'ver
bow precarious tlii'ir property is It the .iilnt Uuot Oiinuot bes .vml Co
work toitiitliof ;is one lino, anil roti<l«r miitiiil support aul coiitrltiute
euob to tbe strerti{tb»f tbe otber ilivlnion. Tbere are uo means wltb
wblcb to piiy the car trust ilebt of $3,196,000. • •
"Tbu diiatitiK debt of tbe compiiuy. iucliidlDX receivers' oertlfloatea
and the forecloaiire e.xpeuse8, amounts now to iipwiinls of $1,000,000,
wblob must be In any event paid. There Is uo fnuil from wlilch It is
possible to pay any part of It if there shall be fatbire to complete the
Kropimeil ii'oritan xail in
To this debt must lieaible.l the car trust ilebt
efor.i u:uueil of .^3, 196,000.
Tbere is therefore .sometbliiK more than
fur tiiln

••r|iiiillv

ilmr

i

i

K'wU

M

.

,

U

i

,

,

I

me

.

$7,0U0,0U0. all p aoticiUy preferred, reslluft upon tbe property. To pay
the prop^ised plan, and the interests of no class of securities the llotttiiii; ib'bt is an ab.Hulnte necessity. To compromise the oar trust
debt on some pntGticul bisisor acq lire other lolling stuck la an eiiuiil
will be sacrificed.
necessity, lioth must lied me whether the comp.)uy U reorganized or
In the argument before Judge Pardee at New Orleans, not. If the pioposiil ins of the oommlltee are aooepted by the bondregarding the issue of receivers' certificates, the evidence holders. tbi'U the money lu tbrir bauds, about .$1,000,000, cau be used
pay tbe tloatini; debt and receivers' certilloates. Tlia new compin.v
showed that about .$300,000 was required on the Eastern Div- to
will be relieved of all that debt. All the seoUoual bonds will be relieved
ision, and that this amount could be repaid out of the net at once from vast trouble and great danger, which otherwlae may affect
earnings in tlie course of the next few months.
larger every daea iif them.
"Only part of the division west of the River, the main line, was able
amount was needed upon the New Orleans
Rio Grande Div- during
the past few years to pay its Interest and earn also in tbe last
isions, but the most important repairs could not be begun on
year a xmall surplus of $257,00 J. This is no substantial relief for the
large
deficit
on tue lines east of the River. If tbe system be broken up
after
New
Orleans
Division
until
the
1st
of
July,
the
and it
was' conceded to be necessary to make the certificates upon tbe eastern division luust rely upon its own earnings alone to pay its
interest with no ally west and no frienda east; for a road without
these divisions a first charge upon the corpus of the property atreiigtb of its own has no friends." - * *
Mr. Rice, for the Rio Grande
in advance of the mortgages.
"raklngihe two divisions together the gross funded debt of both
Division bondholders, urged that this should be done imme- lines as now operated by the receivers, excluding the betroit Dlvisioa
and including tbecar trust and the past-due Interest and coupons i8$44,diately, but the counsel for the trustees argued that no action 95H,500,
:uid the interest on that amount at present ratea is aboat
should be taken until an opportunity had been afford* d to the $3,0.^^>.00 ); while th>i whole aiuoant earned applicable tointereatoa
stockholders to provide the money required, or until it had boibdivisiins in the luat year baa been only $1,316,294, leaving a
about $1,749,706. lu thia atatenient we have included the
been ascertained what were the wishes of the majority of the delicit of coupons
past-due
as if they were a part of the permanent debt of the
bondholders.
Judge Pardee apparently acquiesced in this company." * * *
'• Thrt propjsiii ma
view, and made no order in the matter.
now submlttnd br the committee for tbe oonslderatiou of tbe bondholders areas follows:
It is reporced in Philadelphia that the C jmrnittee of Reor" FiKST. Arcduciiouof interest to five jier cent per annum on all
ganization will not object to an issue of certificates, limited in mortgages e tst of tho .Mississipiii Rive.', amouuting to .$22,&19,i>75.
" Second. Overdue coupons on the above for eighteen months to be
amount and restricted to the resptctive divisions on which the
money is to be expended, if the stockholders do not provide funded into bouiia to be deaignated " Coupon Bon'd^," in three series.
tbe lirst mortgages and fuude I debt 7s to be funded in drat
Coupons
the necessary funds, and that if issued under these conditions series; ofofsecond
mortgages and funded debt (ia, in second series, and
they are prepared to take them at par.
of Consolidated and 7a of '79, in third series. Interest on the 7 per
In Philadelphia, Mr. S. G. Thompson said to a Press cent scrip to be funded to February 1, 1886, and on the 6 per cent
reporter that the earnings of the Texas
Pacific Railway for Bcrip to Ma.v 1, 1S86. These coupon bonds to bear Interest at 5 per
cent, payable femi-aunually trom August 1, 1886, for first series, Nov.
the first four months of the present year have increased in its 1, 1880, for second series, and J;vnuary 1, 1337, for third series, and to
freight traffic $385,000 over the same period la^t year. There take rank in payment after the mortgages, according to priority of
was a small falling <.fl in passenger earnings, because last year those from which iliey luiiy be detached. Thus the coupon bonds of
the llrst series will be entitled to interest after payment of the
there was an unusual passenger traffic consequent upon the coupona of the tirst mortgagea, the second series aJFter payment ot
New Orleans Exposition. For the first two weeks of May intereat on the second mortgages and the third after payment of interest
this year the increase in gross earnings over the first two on the Consolidated and 78 of 1879.
"TiiiKO. The bunds of the Chicago Division to fund coupona up to and
weeks of May of last year was |48,000.
including January 1, 18s7. Into coupon bunds of third series.
" Fouurii. Tbe prineipal of all mortgages named herein to be extended
Toledo Peoria & Western.— At Chicago, June 1, an
application was made to Judge Gresham for a final decree in forty years from the d.'vte of the rtrst coupon maturing at the reduced
rate, and to receive new sheets of coupons from the reorganized
the foreclosure case against this railroad company. This was company, payable semi-annually, at the rate of live per oentper annum.
•'Fifth. All the mortgages specitled herein, except the tlrsl and
a bill to foreclose a first mortgage for $4,500,000, and default
has been made in payment of the interest since July 1, 1884. second mortgages, and the llrst and second series of coupon bonds, to
waive foreclosuio rights until after tbi-ee consecutive years of default.
cross bill was also filed to foreclose the second or income
If inutuall.v satisfactory terms can be arranged with the Detroit and
mortgage for $3,000,000, and the second mortgage bond- Omaha divisions, it may be tliought desirable to retain them In the
Wabasli
system. This matter will be duly considered by the Committee.
holders claim that they should be allowed to see if they cannot
"Should these iiropositions be accepted by the bondholders, the
make some arrangement so as to get something out of the Interest
ubllgations of the new compa:i.v, covering the main lines from
property instead of being shut out by a foreclosure.
Toledo and Chicago to the .Mississippi River. St. Louis, Kaueaa City and
lilnfl's. would be as follows
Wabash St. Louis & Paclflc. The Purchasing Committee, Council
Mortgages in Missouri, viz.. North Mo. 1st .Mige. Real Ea'ate
composed of Messrs. James F. Joy, Thos, H, Hubbard, Edgar
and K.. Bokub Co. & Beioneville, Brunswick & Chillicothe. St. Louis C. B. & Omaha, and St. Charles Bridge
T, Welles and O. D. Ashley, has just issued a pamphlet con$780,025
Istand 2d Mtge
taining a clear statement concerning the present situation of
547,735
First Mortgages of Eastern Division
the Wabash property, and making certain propositions to the Second
347.699
230,000
bondholders. The committee is a good one, and whatever its Con8elldatedaud7sof 1879
140,000
members propose after mature deliberation, should carry Funded coupons of the three series, about $2,800,000
225,000
Chicago Division
weight with the bondholders. The pamphlet reviews the
$2,270,509
general status of the system and its earning capacity, and
proposes, in a word, that all the holders of bonds on the road,
.......$2;158.009
payable
in
1897
would
16
Of
which
or sections of road, east of the Mississippi River should
" To this must be added interest on the S. Y. ic Pac. tar Trust, if
reduce their interest to 5 per cent, and in consideration of this any arraiiKcnicnt can be made with the Trustees, and on Uottolt and
should have an extension of the principal of their respective Omaha divi.><ioHS, If retained.
.,
,
" The interest charges, with these additions, would l»e Increased from
bonds for forty years from 1886, and that the overdue couijons
$360,1.00 to $100,000, and the total Interest obligations en the new
should be funded into 5 per cent bonds, with the coupons basis would be about .$2,600,000.
deposited to preserve the respective Liens.
KSTIM-VTED F„VUSISG8 IS 1886:
o ^^,t
The ttoating debt of $4,000,000 includes less than $1,400,000 Net amount applicable to interest in 1885
*''.iS'?SX
of receivers' certificates, and includes none of the notes origi- Add gain in four nioi.ibs in ISSO
SiZ'SSx
following..
eight uionths
?R?'2s?
nally issued for claims of Messrs. Gould, Humphreys and Add estimated gain forsaved
on roads surrendered
Add ta.\cs and rentals
'!?i'5?i
1 2,2*7
others, which notes were given up and canceled some time Add sundry losses, etc., in 1885, not to be charged In 1886. ..
ago,
large item in the claims is for wages, supplies, etc.
It would be imposisible for any committee to propose a plan
This estimate may lie considered trustworthy, except as to
for the resuscitation of Wabash which might not be objected
Bated gain In the eight months from May 1 to December ai
to by different interests, but upon the whole the proposals
(lulte as likely to be ozce«ded us to be reduced.

&

A

.

,

&

A

—

,

.

••

A

i

\

:

;

.

THE CHRONICLE.

696

X*hc

Commcriutl

[Vol. XLII.

COTTON.
'i^!im?3

Friday, P. M., Juie 4, 1S86.
as indie ited by our telogran,8
from the South to-night, is given below. For the week endmi<
this evening (June 4), the t Jtal receipts have reached 19,837
bales, against 23,790 bales last week, 29,417 bales the previonB
Friday Niqht, June 4, 1SS6.
week and 31,7.54 bales three weeks since; makiiie; the total
conemployed
the
and
employers
between
Disagreements
receipts since the Ist of September, 1885, 5,18.5,176 bales, against
full
4,705,278 bales for the same period of 1884-85, Bhowing an
tinue to cause some trouble, and to impose obstacles to a
are increase since September 1. 1885, of 479,898 bales.
revival of business activity, but no serioua diffiiultles

Ths Movement of the Caop,

UOMMERUlAL EPITOME.

threateced from this source. Most and two other
''anarchists" of this city were convicted of attempting to
Nearly
incite a riot and were committed to the Penitentiary.

now

the State L-^gislatures have adjourned and Congress makes
but slow progress with the business before it. Speculation has
shown rather more spirit, especially in food staples, and yet
there remains the notable fact that prices of nearly all staples
of agriculture are dearer on the spot than for future delivery.
Copious rains in the trans-Mississippi region have had a favor,

all

able effect upon crop proepect?.
The following is a statement of the stocks of leading articles
of domestic and foreign merchandise at dates given

Receipts

at—

Sai.

Galveston

101

Indlanola, &o.
New Orleans...

....

Mon.
211

Brunsw'k, Ac.
Charleston
Ft Royal, &o.
Wilmington ....

1886.

Pork
Beef
Lard

tea.

and

Tobacco, domestic
Tobacco, foreign
Coffee, Rio
Coffee, other
Coffee, Java, &c

1.

237

376

4il

22,364
31,563
57,306
315,410

31,004

boxes.
bags, &c.
bhd-.

1,1'21,113

Molasses, foreign
Molasses, domestic

lihds

),4.iO

Hides
Cotton
Kosin

No.
bales
bbls
bbls
bbls
bags.

bbls.

bbls.

and

Unseed
Saltpetre
Jute butts

Manila hemp
Bisalliemp

10,P9t3

35,419
33,459
47,111
281,119
114,000
117,755

m,942

Bice, E. I
Rice, domestic

1.

tea.
nlids.

libds.

Tar

19,417

1885.

June

IT.-PS?

bags.
bags.
mats.

Bpirits turpentine

1.

bbls.
bbls.

bales.

Sugar
Sugar
Bugar
Melado

1886.

May

l,4'i2

48

1750
316,100
.1-8.114

18,689

52S
l,<MiO

750

tcs.

2,5(;0

bags.
bags.

10,500

bales.
bales.
bales.

5.5,7,50

Ifi.OOO

16,481
6,909

ii5,677

41,750
23,185
3,935
1,217,554
None.
641
2,riO0

sio.roo
3(6,7:3
17,877
682
2,-99
3,000
6,850
None.
14,600
45,500
23,957
18,495

•21,388

49,400
323,612
88.703
35,2=8
58,997
Nono.
1,315,236
T-Jh
l..i01

1.000
166,300
304,415
20. 124

prime

city, 6'20@6'25c. for

prime to choice Western

.--.

....

--•

602

634
47

1,882
12

7,390

7

232

315

1,946

2

149

49

22

30

37

78

16
3

44

8T8

217

703

332

357

161

104

...

.-

Totals this week

273

816

4-i3

....

27

78
61

351

112
406

300

686

77
539

....

.--.

....

....

...

19

1,224

30

9

25
497
798
3

3,285

3,900

2,016

2,591

4 321

188 5-S6.
Since Sep.
This
Week. 1,1885.
.

Br'sw'k.

..

&o

Charleston ..
Pt.Roy«l,&o

Wilmington
M'headC.,&c
.

Norfolk
W.Point, &!.

New York ..
Boston
Baltimore

...

Philadel'a,&<-

Total

3
2,681

626
275

2779
798
1,285

19,837

we give the following table showing the week's
and the stock

and the same items for the corresponding periods of

Galvesto;!..

487
••
262

5!il

total receipts, the total since Sept. 1, 1885,

4.

350

•

£9

T,721

For comparison,

June

955

....

42

Pbiladelp'a, &c.

Savannah.

The speculation in laid began to show an improvement
yesterday, and to-day was quite strong and buoyant, closing
this afternoon at 617c. for June, 6-29c. for July, 6-39o. for
August, 6'48c. for September and 8*55c. for October. Lard on
the spot is held much firmer, with a better demand, closing at
6c, for

Boston
Baltimore

9,2

67.300
15,919
23,219

...

..

WestPoint,&c

Receipts to

loliU.

13

89

Moreli'dC.&c.

1,973
2.426

ll..'i03

.-,

Fri.

48

...

Norfollf

lud'nola,&o
New Orleaus.
Mobile
Florida

2,800
20,000

461

1,274

New York
June

Thurt.

121

997
202

2,001

Florida
Savannali

Wed.

Tues.

955

694,132
781

T,S90 1,696,660
350 244.471
50,107
1,946 736,915
16,252
487 487,531
14,221
262 101,423
3
7,805
548,793
2,681
62'3
276,302
275
55,53i
2,779
105,30,
798
52,434
1,285
46,470
19.837 5,185.176

1884-85.
This
Week.

38
19

455,265
10,876
1.365 1,509,597
56 228,535
77,642
258 720,130

vew.

Stock.

1

Since Sep.
1, 1834.

to-night,

last

1886.

1885.

16,089

4,096

91,070
16,334

79,415
10,036
2
2,282

2

12,639

9.747

183
47
18

510,815
7,437
93,579

12,988
3
3,267

2,349

549,597
282,494
67,954
81,920
40,690
49,329

21,533
9,677
283,762
6,31C
18,429
16,152

3,413
12
303,529
6,310
7,430
7,730

3,917 4,705,278

508,255

427,341

707

9,621

824
243
69
49
633
65

in order that comparison may oe made with other years, w e
and 6'45c. for refined for the Continent.
Pork has been quiet, but in cut meats the business has been give below the totals at leading ports for six seasons.
1886.
1885.
1884.
1883.
1882.
1881.
quite brisk. The slaughter of swine has latterly exceeded last Receipts at—
season. Btef is more firmly held, the severe drought in Galv'e8t'n,&c.
955
57
535
5,261
693
1,851
1,365
7,390
2,418
7,341
2,018
8,290
western Texas having caused the death of a large number of New Orleans.
350
56
282
558
933
887
the herds of cattle, and tallow has advanced to 4i,g@4 3-16c. Mobile
SavannaU ...
258
992
1,946
1,952
1,531
3,012
Butter is active at 13@ 18c. for creamery, and cheese taken
Charl'st'n, &c
437
230
1,232
5c4
1,146
1,247
much more freely at m@l%c. for State factory full cream.
265
15
327
Wilm'gt'n,&c
18
112
487
821
1,535
2,681
4,060
3,994
The market for Rio coffee has been feverishly excited by the Norfolk
2,696
626
213
176
849
146
320
speculative combinations, and the course of prices quite W. Point, &c.
All others ...
5,137
666
6,34S
5,399
4,554
9,314
irregular.
To-day the spot quotation was 95^c. for fair
19,837
3,917
12,584
2.5,456
15,621
29,432
cargoes, and options closed with sellers at T"95c. for June to Tot. this w'k.
January, inclusive, 8c. for February and 8'05o. for March. Since Sept. 1. 5185,176 4705.278 4764,246 5847,583 4572.513 5594,474
Galveston includes Indlanola; Charleston Includes Port Royal, &o..
Mild grades on the spot are moving off quite freely. Raw
WilminjfCon includes Moreh'd Clty,&c.; West Point includes City Point, Ao"
sugais have been quite dull, and close nominal at about 4%c.
The exports for the week ending this evening reach a total
for fair refining, with refined sugars dull and unsettled. of 70,247 bales, of which;60,708 were to Great Britain, 1,207
Molasses is lower at 17c. for 50 deg, test. Tbere has been to France and 8,430 to the rest of the Continent. Below are
more doing in teas.
the exports for the week and since September 1, 1885.
Kentucky tobacco has been quiet and unchanged. Seed
Trom Sept. 1, 1885, to June 4, 1866
Week Ending June
leaf tobacco has continued to have a fair sale, and business for
Exported in—
Exported to—
the week amounts to 1,250 cases, as follows: 200 cases 1885
Exports

Havana seed, private terms; 200 cases 1885
Havana seed, private terms; 300 oases 1884
Wisconsin Havana seed, 8@113^c.; 200 cases 1881
crop,

Stat^,'

"Wisconsin

crop,
crop,
crop,

from—
Ga-lveston

Great
Conti- 'Mnl
SriVn. France „j,jt_ Week.

Oreat
Britain, f^anct

223,113 16,545
?57,4«5 305,394
47,418

Contu
^^t.

Total.

7S,013

21,938
393,7o3 1,455.643
Pennsylvania, 9@12/^c. 100 cases 1883 crop, Pennsylvania, New Orleans .. 18.35S
47,416
2,985
2,885
6@10c,; 100 cases 1884 crop. New England Havana seed, Mobile
16@22i^c. 150 cases sundries, 5@80c.; 400 bales Havana, Florida
401,920
102,400
8,252
2tl,359
Sayannab
60c.@$l 05; 150 bales Sumatra, |1 30@$1 60.
827,075
6,403
91,1S8 23,089
800,800
The speculation in crude petroleum certificates has been at Charleston .... 6,103
70,707
1,844
1,844
1,810
23.1»1
4S,«83
WilminKton...
better prices, but much less active, closing at 055/g@65^c.
228.579
9,332
9,33;
230,513
6,709
2,328
Norfolk
crude in bbls. quoted at 6@6%o., refined in bbls. 7o. and in West Point,&c
64,803
16.941
87,86;
cases 83^® 95^0. naphtha, 81^c. Spirits turpentine is firmer New York
1.309
111,731 38,343
178,238
0,729
4,002 14,640
113,8,.5
at 34i>^c. Rosins have been quiet, $1 033>^@$107J^ for com- Boston
5,203
142,000
1,635
6.9,0i
145,668
6,53j
450
5,9S«
113,675
80,158
1,635
mon to good strained. The speculation in block tin has con- Baltimore
4B,31J
400
4,808
1,716
44,635
tinued, and though not very active, prices are dearer, with Philadelp'a. &o 1,818
sales at 2Jc. for June.
Other metals are dull. Ocean freights
60,70
1,809 "8,430 70,347 2,270,57' 397,436 1,230.878 8,898,379
Total
have been fairly active at full rates, and to-day the grain
1.431)
a.no'j 20,350 2.,')a>.9:38 374,fi41
983 110:^.660.988
Total 1884-85 16.867
shipments were as 5d. to Liverpool, 3J^d. to Glasgow, i^^d. to
from New York to Gi'«it Britain include 33,08^
Note -The exports
ij^^ji^.—^
,
Antwerp and lOJ^c. to Lisbon,
which
BalUo port*
were
re-exported
Britain
to
Hull,
Jroiii
Great
to
ales
;

;

;

g

.

JiTOK

1

THE CHRONICLE.

1886. J

5,

In addition to above expons, our lelot^ramg to-nif(ht alqo give
ao the following amounts of cotton on ffhiplnmrd, not cleared,
add similar flj^ures for New York,
•t the ports named.
which are prepared for our special use by Measrs, CSarey, Yale

On
June

1,

ShiphoartI, not el*ared—fur

•8

Ltcnina

tT—

Great
Britain.

Fratuse.

Other

Ooeut-

r^eign

wite.

20,H9(J

I.2(i9

200

MohllK.

Non".

None.

None.

771
None.

Chrtrliv-4t^)U .....

Noiio.

None

1.00 J

tj(M1

None.
Non-.

Ni)ne.

None.
None.

KawOrleana
0ftvan!utli

Qalvixton..
Norfolk

New

^r^

Beaver Street.

'i-i

None.
Noao.
l.lOU
None.

I(l,4ii0

^,^(>o

Vortt

6,0)0

Olber (loru

Total 1886. "T2!59?

2,3G9

The

7.210
2.734

12,<*11
•21,4;^

I

'."2.138

f;8,13i

None.
1.800

lo.tS*
11.188

None.
400
None.
Nona.

600
None,

l-^.O.i»
l«.(irt9

li.loo
11.^00
7.00U

0,43a
272.2tf2

8.400

2,571

55,936

452,319

9,823

in prices of cotton

(lurtiMtions

8*5.789
429,362

for future

delivery

603

mHrket during the pa-t week have been wiier
this
than for some time past, and yet at the oloae show very little
change from those of last Friday. On S.iturday the statistical
position atid the continued drought in Texas caused some
uneasiness among the bears, and their purchases to cover
at

an sdvan^e of

Most of thii was
6i(j8 points.
accounts being somewhat disbuU^.
appointing to the
Wednesday opened depressed, but a
quick rally was caused by the report of the appearance of
grasshoppars in middle Texas, threatening the de^truction of
Yesterd .y a firmer opening was followed ly a
all vegeiution.
sharp decline untler advicts from Texas that rain so much
contracts cau-'ed

on Tues

lost

lay, t le LiverpoDl

I

and home consumption, and prices rrmained without change, until yesterday, when there was a i'a'v export
demand and quotations were marked up l-16c. Today there
was an early decline of 116c., but it was recovered in the
later hours, and the close was steady at 9j4c. for Middling
Uplands.
The total sales for forward delivery for the week are 273.900
bales.
For immediate delivery the total sales foot up this we«^k
3,324 bales, including 1,7.50 for export, 1,571 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.
for export

—

—

CSV

6
u. 10
to

•

=^1

May29to\-^r:^^J^
June

r!

CD

|

Ordln'y.Slb

6%

08.8

oii =

coco

•a

I

*i

Ord
7
Good Ord.. 7>5„
Btr. G'd Ord 838
Strict

7

.

7l5i6

8^

7<18
8ie

8->8

69 a

fe9|»

8»,,

8iB,e

bl6„

81S„

8 61,

9»16

bS.e

93,6
938
e'8

»3n
10»18
lOKia
lis,.

7»i6

Low Midd'g

tl\

Btr.L'w.Mid
Middling...

9

9

Good Mid

93i,

9"l«

93i,
9ii,„

.

o

9%

8%

M

Si's

G'd Mid 10
Mldd'K Fair 10%

10

10%

lOSiH
109,

103i«

K13.I1

Fair

II

H3|«

10»ifl

113,„

10»,«
llSlH

Btr.

u
Wed

CO

<0'O

5

I

•«".

M

Btr.

U'd Ord
Mldd'K

6^18

7
71»i8
838

Low

«\

Btr.L'w Mid
MlddllnK...

9

Good

91

.'Villi..

93lft

Mf

8tr 'i'dMld 10.
Midd'g Fair 10%
Fair
II

t09

^

Fri.

Ti».
f's
7'i«
8
»'i«
8IS18
9>16
914

Wed

Xh.

6%

613,6
714
S'le

7' 18

73,8

8

8ifl

87,a
813,8
9>ig
9'4

8»i«

8%

8l6,gl

9

9%

9%

101,fl
107,fl

101,8

llll«

llii«

lO'lfl

^jlllj,

.,

Low

Middling
Middling

613,8
7'4
e»,«

I

2-

to

O

O

:

.-1

2

I

ceco

!J
•
60
*.«'-'
I

COScSI
C5:^»

CO

cooo
(SCO
eoi>

^

2
"

1

H<6

CO

2

OC-4

:

I

cceo

CO

coco

06
tsio
MO

coco

COCO

66

CO

tc

».w.'

I

coco

5

tc CD

2
^

».«:

a-.

5
2

o

COCO

5^

^o
toe/.

2
•*

coco

5

<??
ir*

8%
9
9M

83|«

83,8

6%
9
9M

8%

M

9

•"

97l8
916,,

9''.

7I19
7^8

Holi-

7), a

day.

7''e

7I18

8%

I

8%

Arm

..

Ex-

Con-

150,

Spec- Tran-

....

700|

Total,

266

9'5,8

10%

10%

coco

I

rf*

titO

2

5

2
•*

7'8
7i&ie
B'lia

coco

CD

1^

<
2
•«

I
'

i*r'
w

CDCOOCD
e'la
71a
7iB,8
811,8

I

o

COO

p

O"

«

:

cecsox)

Co

toto

^eo

9.»o:

titi^K,

»

0000

coco
coco

"

eto:

I

•o„

HOD

,

V
5

2
:

CDWoSO

ccwOu

__

m

00 "J

t*

:

OiOi

0_

^

I

I

19:
CO

•

I

CCCD
cccpo
rflcoO

2
**

«.":

1

tOtoCio

0>M

I*:

1

;

o
5

I

5

«.w:

I

3
I

cecD

cexocs

CCCDO'?
COtoOro
;
2

"?

I

CDcCqCO

cecoocD

0"^

cccD
cico
ccio

titoOto

ow;

a>

5 com 5

COCCo'-?

I*

MH-O —

II,.

I

*l

-i
»
I^CO

CCCOotO

t-«.vj

:

6606

coOo
-^
octo

tif'.Ori

to

2
"

2

COtDo^

O
?
2

^ —o

e.-:
COCOqCO
ti*.Cco

to

Fri.

I

l«

*

im

ll»4

I

I

I

I:

I

Bate*.

eries.

301
381

3,324 273,900'

300

1,081

1,7501,574'

dally dellvenen given above are actually
previous to that on wlilon t.tiey are reported.

delivered

the

200

day

of Futures are shown by the follow-

ing comprehensive table. In the tatement will be found the
daily market, the prices of sales for each month each day, and
closing bids, in addition to the daily

and

I;

I

I

I

I:

•Includes Bales in September, 1885. for September. 130.200 : Beptember-Ootober for October, 301.700; September-November, for November.
8ept<>^nbcr Jan416,400; Se'ptember-Ooeeinber. for December. 928.200 for Jcbriiary.
uary, for January. 2.004.200; September-Fobnmry.
l,745.40(i:f<n.umber-Aprll,
March,
for
8o|.t.>nil.(M--Mnrch.
l!370.0O<;
2,793,400.
for April. l,59,i,800; September-May, for .Mny,

Cr We have Included In the above table, and »h»U

46,400
48.100
54.600
o0,300
45,100

463
613
901

463
318

1;

:

100

The

aj»d Phicjks

cb?

UH

10 14

1
I

to

(0

1

.Holi day.

300
60 J

•

8

Deliv-

116

'.
I

Tues ..Dull and easy ...
Wed.lstoidv
nupsjBieady at 1,^ adv
Fn. .Steady

tc
I

IJ

SAUElS.

rump ul'Vn

port.

®

2 ";

914

non: Tnea W^ed Tb.
67,8
6%
6%

6%

too

O

co»

^ 3 Co;
coo-o

cco
tt

8m;

I

-.ecco®

&:'

c6

CCo'-O

CO

CCCJ

tOi*>.

CO

i

ft.-;

I

M

o.-:

«.»:

I

<£CDoO
- 1^0.^

•.co:

I

CO

CO

I

o

CO

a
"^

•.«
CO
ceo»
.106

I

2
''

1

^

o.w:

I..CO

o.-:

*

om:
a*:
o
CSCOc®
f*"* ceccoco
.:.^ci C^C6

toco
CDtO

7^

SALES OF SPOT AND TRAKflrT.
SPOT MAKKET
CL08KD.

ttie

tiiiCti
o -0 o
5 coco 5

ecD

73,8
81s
B»l«
8;5)8

M ® to
o —
5

5

cocogo coccoas
:.,io^

';'4

•.ccce:o
I

coco

^6

613,6

I

2
*<

ccc

06=6
CC^ CO

Frl,

^

o.m:

ti

COKcCO

613,8

coeojo

»uOw

coco

».a-

2

<>.»:

I

*-u

c 'O CO COO'S co«pc?
6 — 00 W^Oo
6c>c6
-^
05

Th.

S

ceccQco

CDCCqCO

^

coco
coto

titoOio

CO—

The total sales and future deliveries each day during the
Week are indicated in the following statement. For the convenience of the reader we also add a column which shows at a
glance how the market closed on same days.

The Sales

I

CO -i

9%

ciiiOti

^

'J*

I

s'«s

cco";8

tir

COD

c6

to

coo

I

cecoScD

6!li

1

8%
MARKET AND

Total.)

cDce
io>i

•*
tcM 2
a.w

».-:

2

ilta

•.»;
CO
ceceScD
cZcoOco

I

'*

2

I

to-l;

I

Wed

FrI.

fe>4
9»1«!
93i6
938
91„ 8%
9 'a
91*19 815,8 9 '8
103,8 lOM
ICM ,103,8
109,8 10%
1&% 109,6
113,8 IIII4
11'4 1113,8

Sat.

Hood Ordinary
Bcrlct Good Ortlinary...

Hon.

(BCD
ttci

^
9

tecs

OS
w
tetogte CCCP -^ CD
uuoco wcoCm CCuOco
M<1 1^
<- CO
o
CDCO
^ COCO 5 CDS) 5

00*.

«f(e9ce

*0

I

ecu

I

•«:

I

<ceo'-0
<eao'0

5 li K ti '
9-

I

STAINED.

Bat . .Quiet aad

tiii

ess

to

fcCCOOfo

Ordln'y.sai
BtriotOrd..
Good Ord..

2

oom"" ao-."*
».«:
Or-

o?>:

I

tOtOc

:

».":

I

to <C
.J

HtO

»

ox M

to-.o

>i

Si

I

CCtCoCD <9<0ott
tctcaw
9 VOW

C*.

2

'*

».w:

I

uo
owcto

mon Tnei
6?1
73,8
Si«

M^

fO
o

tcio

I

63i
7',B

^

I

CO..."'

».»:

I

^

ttco

!

TEXA.8.

Xnon Tnea Sat.

8mt. .'Ion Toes' Sat,

4.

:

U

—

SB\f ORLEANS.

fi*

8i

The opening

fallen.

2- a
< coS:'

il

this morning was somewhat
irregular, the specula' ion mach less active, but the close was
at a sharp r covery from inside figurep, especially for this
crop, the statistical position causing a c'emard to cover contracts.
CoUon on the spot met with only a moderate demand

needed ha

ts

'»»'»> 5.

46.840

31,572
30.315

1,628

»

8

t

1.300
4,900
l.OcO

.^.46

8' *

•

te

I

Total 1885
Total 1884

I

Stock.

Total.

600

% m Ml

Mmm

We

ft Lamliert.

697

total sale).

oontlnne e»eh

month.
average *price of fatnrea each day (or each
w^to
weoK i« Kivtj.
irtve the
i^"<l»»'''"'5.
,„,,„_H«» t.ho ^hhrnvlatlon " Aver."
.,

'.

;SS'be"'foTn«drd^r^"e-^ir^a7rVlo;j^^^
of ^ble.
average for each month for t'i« ''««"? »liM»tlvenatbottom
Transferuble Or.l<.r«--8Bt.ml»5j 3 ISfl! .^° ?*/ r:.\\Pj,- ^rn«««V.

Wednesday. 904»9-06c.

The following exchangee have been made during the week:
•09 Dd to eich. 200 Joly for AuK.
•10 Sd to .>xHi JOO June for July
•20 pd to exoh 100 June for July

\

|

25 pd. to exch. 1,000 Jnuefmr Am.
2f. I'd.

to rxch. 5j>0

Oo

.

for

M,ii^

08 pd. to ewh. oOO Oct for Jan.

M

.

.

rHESCHRONICLE.

698

The Visible Supply of Cotton to-night, as made up by cable
and telegraph, is as follows. The Continental stocks, as well aa
those for Great Britain and the afloat, are this week's returns,
and consequently all the European figures are brought dowr
But to make the totals the comnlett
to Thursday evening.
figures for to-night (June 4), we add the item of exports frc
the United States, including in it the exports of Friday only.

m

Btook at Liverpool

bales.

took at London
Total Great Britain stock
Btook at Hamburg
Stock at Bremen
Stock at Amsterdam ..........
Btook at Rotterdam
Btook at Antwerp
Stock at Havre
Stock at MarsellleB

18S6.

1885.

654,000
15,000

977,000
26,000

1884.
911,000
60.000

971,000 1.036,300
3,200
3,900
51,500
69,300
41,000
50,000

669,000 1,003,000
5,300
5,600
50,000
43,200
46,000
27,000

300
800

500
800

Stock at Barcelona
Btook at Genoa
Btock at Trieste

167,000
6,000
61,000
9,000
11,000

186,000
4,000
63,000
7,000
6,000

Total Continental stocks..

333,900

18S3.
931.000
52,300

900
2,900
250,000
6,000
52,000
11,000
10 ,000

455,300

363,600

2,500
5.300
1C9.000
8,700
87.000
16,000
9,900

391,800

Total European stocks ....1,002,900 1,371,600 1,426,300 1,431, iro
338,0
218,000
372,000
India cotton afloat for Europe. 291,000

Amer'n cott'n afloat for Eur'pe
Egypt,Brazil,&c.,afltforE'r'pe
Bu>ok|ln Unlttd States ports ..
Btock In U. 8. Interior towns..
United States exports to-day..

202,000
16.000
508.255
126.737

98,000
2,000
427,341
46,713
2,200

3.821

76,000
23,000
459,707
48,465
2,700

286,000
29,000
451.578
93,118
17,000

2,150,713 2,165,854 2.108,172 2 ,645,796
Total visible supply
Of theabove, the totals of American and other descriptions are as foUov s:

Amenean—

bales

Liverpool stock
Continental stocks

American

afloat for Europe...

Dnlted States stock
Calted States Interior stocks..
Cnlted States exports today..
Total American
Eatt Indian, Brazil, <««.—
Uvemool stock

733,000
259,000
98,000
427,341
46,713

633,000
303,000
76,000
459,707
48,465

3,821

2,200

2,700

740,000
255.000
286,000
451.578
93,118
17,000

1,566,813 1,566,254 1,522,872 1,842,696

Londonstock
Oonttnental stocks

SdlaafloatforKurope
Egypt, Brazil, Ac, afloat
Total East India,
Total American. 1

490,000
236,000
202,000
^O^-^gS
12b,737

&o

^,000

278,000
60,000
152,300
372,000
23,000

244,000
52,300
139,800
338,000
29,000

999,600

885,300

803,100

164,000
15,000
97,900
291,000
16,000

244,000
26,000
109,600
213,000

583,900

1,566,813 1,566,254 1,522,872 1,842,696

2,150,713 2,165,854 2,408,172 2,645,796
Total visible supply
Sl^md.
e^A.
5%d.
5>«d.
Mid. Upl., Liverpool
lOSgo.
9140.
10%o.
llSieC.
York....
Price Mid. Upl.. New
The imports into Continental ports this week have been
Priofl

^r

40,000 bales.

The above figures indicate a decrease in the cotton in sight
to-night of 15,141 bales as compared with the same date of
1885, a decrease of 357,459 bales as compared vdth the correeponding date of 1884 and a decrease of 495,083 bales as
compared with 1883.
At THE Interior Towns 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 1884-85 is set out in detail in the following statement.

—

—

H

ffi

^

^O

(B

fiB

a

II

* EP ?i^ »
X .- r*ai
a z.^
*i^r
--

H35"
.

.

^ a®

>5

,?t:3s: ^.

SP

at

a
B

Of

03
»-

O
1^

I

M

fcOtOtO^^;

©i^H'yiVj'co;

OtbOOtOtOOl

oooacdcoto

<1

to

O

Mwol
o '-.M tooc;'©'

CO OD o* to

•

(f^i-'i^oi-J-JO

<lt0ClLiO9:ii^C;*t0VlQD.

<I « to Ci O Oi
W -J to
to

OX

»-•

c

ill

u< u<

J^i^.w.T'J^i^i*

OitO^-lboCiOiW
0Dit-O01t0O«OiCt0O; OD -J 5; -J C;» cj' CJt (^
Co
^jKt-COOOCMt-'Vir-n*.. tOtS'^i-'wClXtO
'

C0»0-'
eow*-"
CO
COC^lOOiCi'

M

'

1

CO

Mro

f-tCtO

COOtOOt

—&

ll^

M

tojp

MO

O" to

M M X to

,0.

h-

toco

coWoocoi<o

loVoD'toV^wowoos'^toos'^aitoKi?-'

r-C0tO-jCO#*-JO'
C"XCOO>01l-'*^tO«DOi
W;-]tf^_tO^« Mp»CC**-jO5DM(0_CDCCCip

— (C-^OCr-OiO-Ontt-Osi-t^XCJ
cooiX*^*»ycKtooo*fc*j-j»-(-»-j3:xxco
t-tO^OCO

00 en CO QO Vt CO ui

c^i-ooco*»-;o

w

*

Mon.

Galveston...

New

Orleans.
.

Charleston

Fri.

8'3i8

r4

!-

8M,

ON—

Thurs.

8i.,s

11

8U,

.

8%

WUmlngton..

8''8

Norfolk

8l5,e

9%

Boston
Baltimore

93,6

Philadelphia.

Augosta
Louis

a-'a

Cincinnati...

93l6
936
858

988
SOs
8'8
8'8

Memphis
St.

813,8

¥4

8n,

.

Wednes.

Tuet.

813i8

MobUe
Savannah

938

8'8
9
938
9n,s
938
8»8

r«
938
938
8»8
8 '8

9

9

Lonlsvllle....

S'S

Receipts from the Plantations.— The following table
indicates the actual movement each week from the plantations.
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 outports.
Week
Ending—

Sfk at Interior Tbwne. Bec'ptifrom

JtecetpU at the Port:
1884.

1885.

1888.

1

1

1881.

1885.

|

1886.

1881.
(

|

Apr. SO
Mar 7
" 14

2O,0S3
15,657
8,691

40.309' 82,809
8,883' 39,150* 81,235

14.716

••

21

••

28

5.863
8,126

0,113
7,129
8,981

June 4

12.581

3,917'

31,75l[ 76,822

88.328 212.113 12,068'
81,923'221.127! 11.08S|
70,W3[200,006[ 8,2811

29,417
22,790

61,17l' 57,807 150,692

1,780

19,837! 58.109' 51,911 'l39,S41

4,519

70,523' 61,:J85 171,466'

Plant'tu,

1886.

664

1

1

2,228

1886.

11,069
18,161

1

7«o'

488

13,883

8.887
4,986

'

2,988

—

The above statement shows 1. That the total receipts from
the plantations since September 1, 1885, are 5,309,167 bales;
in 1884-85 were 4,740,004 bales; in 1883-84 were 4,771,199 bales.
2.
That, although the receipts at the outports the past week
were 19,837 bales, the actual movement from plantations was
only 3,986 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were
bales and for 1884 they were
4,519 bales.

—

Amount of Cotton in Sight June 4.—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 give
amount of cotton now in sight.

substantially the

1885-86.

1884-85.

1883-84.

1882-83.

Rooeipts at the ports to June 4. 5,185,176 4,705,278 4,764,246 5,847,583
Interior stocks on June 4 In
excess of September 1
123.991
34,726
6,953
89,441

6,406,218 5,588,335 5,613,299 6,864,341

i^'tP'MtO

aio^c

00#»MX^M

l-itO

O-JX^-COCD*-

;

M -4 to to

Weather Reports by Telegraph.—The weather has been
more favorable during the week over a large portion of the
cotton belt. In Texas, and in many other sections of the
Southwest and West, rain has fallen and the crop prospects
have, therefore, considerably improved.
Oalveston, Texas. The weather has been warm and dry
Heivy rain falling now. The
all the week until to-day.
thermometer has ranged from 73 to 85, averaging 79. During
the month of May the rainfall reached twelve hundredths of

—

an inch.
Indianola, Texas.

— We

have had no rain all the week, but
indications promise a good shower to-day. Average thermometer 80, highest 90 and lowest 75. Rainfall for the month
of May nineteen hundredths of an inch.
Palestine, Texas. It has been showery on one day of the
week, with indication of more. The rainfall reached six hundredths of an inch. Crops need rain but cotton has not suffered
The fields are clean. The thermometer has ranged from
yet.
69 to 93, averaging 75. May rainfall ten hundredths of an
inch.

^1

M

fcO^O >!- CO
This week's flgurea estimateu.

The above totals show that the old interior stocks have
decreased during the week 14,316 bales and are to-night 80,034

—

Huntsville, Texas. The weather has been warm and dry
need rain for corn, but cotton is doing very
the week.
The thermometer has averaged 83, the highest being 95
well.
and the lowest 68. During the month of May the rainfall
reached sixty hundredths of an inch.
have had one delightful rain with more
Dallas, Texas.—
to come. It is too late to help wheat and oats, but insures ihe
corn crop and puts cotton in splendid condition. The rainfall
reached forty-nine hundredths of an inch. The thermometer
has averaged 86, ranging from 69 to 101. Rainfall for the
month of May two hundredths of an inch.
all

COQ0»-

10;

*JtO

OLOSDIO (JCOTATIONS FOB inODLINO COTTON
Satur,

—

-

C9

»
to O* h- 1— CO Irf>>CO<l<)rf*^Cn

Week ending
June 4,

to-night, as

;

o; K- Qc

totcciutoctococa<^;

-w.!

day of the past week.

It wUl be seen by the above that the increase in amount In sight
compared with last year, is 817,883 bales, the Increase
as compared with 1883-84 is 792,919 bales and the decrease from
1882-83 Is 458,123 bales.

w 0:

O'-'arf^'^

1-1)0
tooi;
Oil *4t-t
Vl GCOrfkWWtO-qi-'V'O'

^ K- M

in the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for eacn

Northern spinners' takings to
June 4
1,677,433 1,285,299 1,462,249 1,648,271

^5!

\

the

Total In sight June 4

X

#».

<i

more than at the same period last year. The receipts at
same towns have been 6,26S bales more than the same
week last year, and since September 1 the receipts at aU the
towns are 698.803 bales more than for the same time in 1884-5
Quotations fob Middling Cotton at Other Markets.—

bales

Tot. receipts from planta'tns 5.309.167 4,740,004 4,771,199 5,937,024
Net overland to June 1
807,031 596,331 562.100 627,317
Southern oonsumpt'n to J'ne 1
290,000 252,000 280,000 300,000

E
S

yt to
-• M M M
^ M p O X p»

^lOtaoco-JH

xm

[vou

We

We

.

JusK

THE CHRONICLE.

5, 1886,}

AuMtri, Texas.— It has rained on one day of the week, and
The rainfall reached twenty-two
Bplendidly.
hundredths of an inch. All crops are now very promising.
Average thermometer 81, highest 1)7 and lowest 03, No rainfall during May.
Ltiliny, Texas. We have had no rain all the week. Upland
corn has lieen hurt and is suffering dreadfully, Bottom com
unhurt. Cotton is dDing well everywhere with blooms abundThe thermometer ha-s ranged from 00 to 0.'), averaging
ant.
is still riiiniiiK

—

—

8ax)annah, Georgia. We have had rain on twodajn of the
week, the rainfall reaching three inches and forty-two ban<dredths. The thermometer haa ranged from 08 to SO, averaging 78.
Aufftuta, Georgia.— T^iB weather haa been more favorable
to crop* during the week, Stands are better and aoooonta
generally improved. It haa rained lightly on two days, the
rainfall reaching sixty-five hun<lredth8 of an inch.
Average
thermometer 77, highest 92 and lowest 64. Rainfall during
May six inches and twenty-nine hundredths.
Atlanta, Georgia.— It has rained on one day of the week.
The thermometer has averaged 76, the highest tieing 86 uul
the lowest 64.
Charleston, South Carolina It has rained on one day of
the week, the rainfall reaching eighteen hundredths of an
inch. The thermometer has averaged 76, the highest 89 and
the lowest 66.
Btateburg, South Carolina. The days have been warm
but the nights cool during the week, with rain on two days.
The rainfall reached thirty-eight hundredths of an inch. The
cotton plant, though small, looks strong and healthy. The
thermometer has averaged 75-4, the highest being 88 and the
lowest 01. Last week it rained lightly on two days, and the
rainfall reached seventeen hundredths of an inch.
Damage
was done to crops and stock in Wateree Swamp by freshet.
The thermometer averaged 71 '6, the highest being 85 and the
lowest 55.
have had rain on two days
Wilson, North Carolina.
of the week, the rainfall reaching one inch and sixty-eight
hundredths. The thermometer has ranged from 60 to 88,
averaging 76.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock

During the month of May there wa.s no rainfall.
Columbia, Texas, We have hud one shower during the
week, and there are signs of more, which will be welcome
The rainfall reached
especially for corn and sugar-cane.
eleven hundredtlis of an inch. Cotton is doing about as well
as possible and is beginning to bloom. The thermometer haa
averaged 81, ranging from 67 to 94.
Cuero. Texas. There has been one light shower during the
week, the rainfall reaching one hundredth of an inch. We
need rain, esi)ec!ally for com. Cotton is well grown and in
splendid contlition, with iblooms reported. The thermometer
has ranged from 70 to 100, averaging 85.
Brenham, Texas. It has rained on one day of the week,
the rainfall reaching four hundredths of an inch. A splendid
rain is now falling and puts crops out of all trouble. Prospects
The thermometer has averaged
first class in every respect.
Rainfall during
84, the highest being 97 and the lowest TO.
the month of May six hundreiiths of an inch.
warm
and dry all the
Belton, Texas. The weather was
week, but a splendid rain is now falling. Wheat and oats
drought,
by
but
com
haa not been
have been greatly injured
hurt and will make a full crop. Cotton promises magniSThe thermometer has ran<<ed from 00 to 98, averagcently.
ing 83. During the month of May the rainfall reached nil,
Weatherford, Texas. We have had a splendid shower and June
86.

—

—

—

—

—

699

—

—

—We

1886,

8,

and June

4, 1885.

to follow. The rainfall reached
The rain comes just in
forty-five hundredths of an inch,

the indications are for

more

time to save this community. Farmers are now much encouraged. The thermometer has averaged 82, the highest being
99 and the lowest 65.
New Orleans, Louisiana. It has rained on three days of
the week, the rainfall reaching thirty-nine hundredths of an
inch. The thermometer has averaged 81.
Columbus, JUississwpi.—y^e have had rain on two days of
the week, the rainfall reaching fifty-two hundredths of an
inch. The thermometer haa ranged from 62 to 92, averaging
During the month of May the rainfall reached three inches
76.
and fifty-one hundredths.
Leland, Mississippi. The weather has been changeable
again with considerable hail on Monday. The rainfall reached
two inches and fifty-three hundredths. The thermometer has
averaged 78'4, the highest being 91 and the lowest 65.
UtUe Rook, Arkansas. We have had light rains on five
days of the week, which has greatly revived planters who
The rainfall reached ninety-one
were growing uneasy.
hundredths of an inch. Rain is quite general in this State.
The thermometer has averaged 80, ranging from 60 to 95.
Helena, Arkansas. The early part of the week was hot,
but since there has been rain on two days, the rainfall reaching one inch and sixty-six hundredths. The rains were general.
The thermometer has averaged 77, the highest being 92 and

—

—

—

—

New

Above low-water mark.
Above low-water mark.
Above low-water mark.
Above low-water-mark.
Above low-water-mark.

Orleans*...

Uemphia
Nashville

Shreveport
Vlcksbnrg
*

Now

mark as

June

3, '86.

June

4, '85.

Feet.

Ineh.

Fiel.

Inch

14

4

4

22
6
3
41

6
8
7

18
1

23

9
6

21
27

9
3

reported above low-water mark. Instead ot below high-water
prior to October 30, 1885.

India Cotton Movement from all Ports.— The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to June 3.
BOMBAY BECBIFTS AND SHIPMElTrS FOB POUB TEABS.
Shipmenlt

Bril'n.\ nent.

SMpmenlt

week

thie

Tear Oreat Oonli-

Great
Total. Britain

Since Jan.

OontU

ReeeiptM.

1

Thit
Total.

nent.

Tear.

Week.

1886 27,000 33,000 60,000 248,000 516,000 761.000(74,000 1,179,000
1885 15,000 51,000l6«,cl00 179,000 390.000 575,000158,0001 864,000
1884 1!6,000 '20,00046.000 104,000' 5 12,000 946,000 75,000 1 ,364,000
18831 2,000l23,000 25.00J 341,000i679,000 l,020,0OO|71,00O| 1,415,000

According to the foregoing, Bombay appears to show an
increase compared with last year in the week's receipts of
16,0OC bales, and a decrease in shipments of 6,000 bales, and
the lowest 64.
the shipments since January 1 show an increase ot 189,000 bales.
have had general rain on six The movement at Calcutta, Madras and other India ports for
Memphis, Tennessee.
days of the week, which has done much good, as crops were the last reported week and since the Ist of January, for two
beginning to suffer. The rainfall reached one inch and sixty years, has been as follows,
"Other porta" cover Ceylon,
hundredths. Now clear and quite cool. The thermometer Tuticorin. Kurrachee and Coconada.
averaged 76 and ranged from 65 to 90. During the month of
May there was rain on eleven days, and the rainfall reached
Shipment* tince Jamuury 1.
SMpmenlifor the week.
two inches and eleven hundredths. The thermometer ranged
Great
ContiGreat
from 51 to 90, and averaged 71.
Total.
Total.
Britain. Oontinent.
nent.
Britain.
have had rain on six days of the
Nashville, Tennessee.
week, the rainfall reaching two inches and seventy-five hun- Oalonttfr25,000
69,000
44,000
2,000
2,000
1886
dredths. The thermometer has averaged 74, ranging from 57

—We

—We

to 88.

—We

have had beneficial showers on
Mobile, Alabama.
four days of the week, the rainfall reaching sixty-six hundredths of an inch. Accounts are more favorable. The crop
is developing promisingly.
Average thermometer 76, highest
93 and lowest 68. During the month of May the rainfall
reached one inch and twenty-seven hundredths.
Montgomery, Alabama. It has rained lightly on two days
of the week, the rainfall reaching twenty-two hundredths of an
inch. The remainder of the week has been warm and dry and
the crop is developing promisingly. The thermometer has
averaged 81, ranging from 69 to 94. Rainfall for the month
of May two inches and eleven hundredths.
8elma, Alabama.— It has been showery on three days of
the week, the rainfall reaching one inch and thirteen hundredths. The thermometer has averaged 83, the highest being
95 and the lowest 65. Rainfall during the month of May nine
inches and ninety hundredths rain on eight days.

—

—

;

1885......

53,400

B(adra»1886
1885
All others—

3,000
4,000

1886
1885
Total

—
—
—

71 to 88.

i',400

23,000
17,100

13,000
23,400

36,000
40,500

i',40()

2.000
1,400

70,000
74,500

38,000
34,900

108,000
109,400

2,000

The above totals for the week show that the movement from
the ports other than Bombay is 600 bales more than same
week last year. For the whole of India, therefore, the total
shipments since January 1, 1886, and for the corresponding
penods of the two previous years, are as follows:
BXPOBT8 TO EUBOPB FBOM AIX IMDU.

to alt

Europe

All other porta.

Total.

ThU

1884.

1885.

1886.

Shipment

Auburn, Alabama. We have had delightful showers on
from—
two days of the week, and the indications are that they
Bombay
extended over a large area. The rainfall reached sixty-four
hundredths of an inch. Average thermometer 78'5, highest
91 and lowest 66.
Madison, Florida. Telegram not received.
Macon, Georgia. It has been showery on one day of the
week. Crop accounts favorable.
Columbus, Georgia. It has rained severely on two days of
the week, the rainfall reaching two inches and eighty-five
hundredths. The thermometer has averaged 80, ranging from

3.000
4,000

i',4b6

aU—

1886
1885

64,900

11,500

ThU

ThU

auut

week.

/an.1.
946.000
163,800

week.

ainee
Jan. 1.

764,000
103,000

66,000
1,400

675.000
109.400

46.000

872,000

67,400|

684.400

47,3001 1,109.800

.Since

week.

Jan.

60,000
2,000
62,000

1.

1.300

ALEXANDRIA RECEIPTS AND SHIPMENTS,—Through arrangements we have made with Messrs. Davies, Benachi & Co,, of
Uyerpool and Alexandria, we now receive a weekly cable of
foUowin g
the movements of cotton at Alexandria, Egypt. The
are the receipts and shipmentB for the past week and for the
•orreeponding

week

of the previous

two

years.

—

;

THE CHRONICLE.

700
Alexandria, Egypt,

June

2.

Beoalpts (oantarg*)—
TIUb week
Since Sept. 1

Thii

Since

%eeek.

Sept. 1.

Since

tsMft. Sept. 1.

I

Vol.

axUiA

disbursements, $68,375 55 balance in treasury May 28, 1836,.
$6,117 29.
Texas Rain.— Mr. Abbot, New York correspondent of th»
Galvfston News, sends us the following telegram from
Galveston to-day:
;

1,000
2,C38,000

2,000
8,5P4,000

2,000
2,858,000

This

1883-84.

1884-35

1883-86.

'

:

Since
Thii
week. S^i. 1,

The Galveston News' specials from the interior of the Stat©
show that rain has fallen in 18 counties. It has rained all
io Liverpool
along the Pecos Valley and jjood showers are reported west
To Continent ...
of San Antonio. The rainfall covered about 400 square miles.
3,000 488,000' 3.000 380.OC0
3,000 391,000
Total ISnrope.
East India Crop.— To-day's mail brings us Messrs. Wallace
• A oantar Is »8 Ihs.
& Co.'s Cotton Report, dated Bombay, May 7, from wliich weThis statement shows that the receipts for the week ending
June 3 were 1,000 oantars and the shipments to all Europe take the following

Eraorts (bales)—

2.0001248,000
l.OOOl 132,000

1,000 297,000'
2,000 189,000:

1,000 225,000
2,000 lOti.OOO

:

" Receipts generally during the past fortnight hive been
Manchester Market,— Our report from Manchester to- rather lighter than expected, the DhoUerah crop especially
night states that the market is easy for both yarni and shir t- coming in in disappointingly small quantity; consequently
ings, and that the demand in each iastance is poor. 32s cop twist prices are maintained at a level considerably above hom&
equivalents. Oorarawuttee keepi up wonderfully, and Broach
is quoted at T.i^igSfgd. and 8>^ lb, shirtings Os. 7d.@ 63. 7d.
is still
in in moderate quantity.
As regards quality,
Our Cotton Acreage Report. Our cotton acreage report there iacoming
practically no 'fine' Broach nov? left, Oomrawuttee
Parties desir- is not very satisfactory, but the Dhollerahs now
will probably be ready about the lO'.h of Juae.
arriving
ing the circular in quantities, vyith their business card printed show nice cotton of good staple for the most p irt but fine
is very scarce, and even
fully good is difficult to get.
Sawthereon, should send ia their orders as soon as possible, to
ginned Dharwar is now on the market, but not in any
ensure early delivery.
quantity, and full prices are bf-ing paid for it tor this month'*
OvERL.^ND Movement, &c., to June 1. In our editorial shipment, the quality being very nice."
overbefound
our
regular
statement
of
columns to-day will
Jute Butts, Bagging, &c.— The market has been fairly
active for small parcel.s, but there is very little call fnr round
land movement, receipts, exports, spinners' takings, &o
Buyers are only taking such lots as they need at the
lots.
brought down to June 1.
moment and are not willing to take any quantity except at a
Exchange—
Sixteenth
Annual
MeetCotton
New York
price which sellers decline to accept.
Prices are firmly held,
ISG. The sixteenth annual meeting of the New York Cotton and 1^ lb. is held at 6i^o., l;'*^ lb. at 7c., 2 lb. at 7,^40. and
Exchange was held on Tuesday, June 1. The report of the standard grades at 8!£c., with some sellers asking a shadehigher. Butts are in light demand, but the market ia steady.
Board of Managers, among other things, states that the new There have been sales of some
3,000 bales, various qualities at.
building has been found admirably adapted in all respects for 15-g@l"3C. for paper grades and ScaSJ^c. for bagginK qualities.
the purpose for which it was erected, and that the income Tiie stock on spot is 55,745 bales, and on the way 126,733 bales,,
received from it has been up to expectations; also that some which give a visible supply of 182,477 bales, against 156, 464
judicious changes lately made will, it ia hoped, make the rent bales the same time last year.
returns even moie satisfactory another year. The reports of
Shipping News.— The exports of cotton from the Unittcfc
the various committees are summarized as follows:
States the past week, as per latest mail returns, have reached
According to tie report of the Executive Committee It vrill be scon 41,352 hales.
So far as the Southern ports are concerned, thesethat tUo coBt of iinuing iUb bulnliug lias been $i8,iyo 30 but adiliUK are the same exports reported by telegraph, and ptibliahed i»
alteratious to oHioex, lofsca bv bad debts ($777 10), improvemc nts in
With regard to New York we
the Excbangf rooms, the total la 50,579 ttl. Tliia iiii'ludes taxes and the Chronicle last Friday.
Interest on tbe mortgage; of bad debts iucuied $632 is cousldtrei nclude the manifests of all vessels cleared up to Thursday
colleciiVde.
week.
j.^^,,, ^„^
wirk ol thU committee bas l)een especially arduous, requiring night of this
3,000 bales.

—

'

;

'

'

—

,

—

,

1

;

Tbe

groat tacrillce of time aud atteiitiou iu the earefut cousideratiuu of the
many and variid duties that have devolved upon it. Tbe special tbaulis
of the Exchange are justly due to this commiitee aud its able cbairmau.
Out of iiiueij-uino olliccs available for reiiting, seventy-seven were
rented for a total of $19,3ii8 09.
For the eusMiug year ninety six offl es are rented at a rental of
$60,!'2ft, iHav.ng oirly three olHces vacaut.
'11^ finul report of the Building Comuiitlee Uerewilh submitted shows
that the actual cost of liie grtuiiid, building, furniture, &'..,lias been
$1,028,559 ti4. At tlie teraiiuatiou of tilt ir duties we cougratulate the
members *if th s committee and its cttiL-ient chairinau upon the very succeesful way iu which tbe tasis iutiu'ted to them hns beeu discharged.
Their untiriugdeVitiou to their work will always be held iu grateful
remembrance by the txchange.
Tbe Btateuieut of ihe trustees of the Building Fund annexed shows a
credit of

$130 01.

Wo resrei to state that the business of

this

Exchange

hits, like that of
that has itrev;i]lefl

allsimilaro gbUtzations, felt the elfectof the dulntss
in general trade and tluauce during the year. Au aoseneo of sp^-culative feeling, caused by heavy losses to speculators all over the world
during Ihe'latt few years; the sharp decUuo iu tho value of silver, seri
ously att'ectiug all cotton interests; thaunsettbd state of the labor
question, culminating in strikes, which have proven disastrous to manv
Industries throughuui the land, have tended to restrict business, but the
diminution iu the \ olume of Iransactiuus has beeu proportionately less
In cotton than iu most other staple products dealt in for (utuie delivering. Butwethiuk we eau oinlldent y express the hope that after so
long a depression iu general trade, the time eaunot be far di^tant wheu
we will wituess a renewed period of activity which would naturally
result in great beuedt to an Exchange dealing in one of the most iuiporiaut staple pruducis of this country.
To a large number of the members of this Exchange the reduced rates
o commie.-rion auu brokerage that have ruled throughout the year have,
however, been a seiious change lor ilie worse, no increase of business
having followed the enforced reduction iu rates.
Transaciiuus iu cotton for future delivery: 1886, 25,382,500 bales;
1885, 21,4b2,M00 balei*; 1884, 24,828,000 bales
Transactions iu actual cotton: 18StS 4Ss,t)77 bales
1885,533,663
bales; 1884, 422,110 baits.
During the i ear some important steps have beeu taken for the protection of ail Inierestediu the spot cotton trade of New York. In this
oonucction the aticuiiou of the Etchauge is called to the work performed by ilie Warehouse aud Delivery Committee, and the hope is
expressed that tte ea'cuis of tuis committee lookiug toward the eoiuTflete correction of evils existing in the handling of spot cotton, will be
heartily supportod by all the members.
A set of by-laws caroiuily piepared and reoommeuded for adoption
by the Board of Managers, devising a method for the iusiieotlou and
certitlcatiou of cuttou to be delivered on contract for future delivery
tailed to receive the necessary approval of tbe members. We hope, however, that the dibits to laclliiato and cheapen the expenses attendant
upon the present eysieiu of contract delivery will not be altogether
abandoned, and tliat it may be found possible to unite on a plan which
IviU receive the general Indorsement of the members.
Few, it any, tiansacllous having taken place duriug the year in print
cloths, it was deemed unnecessary to continue the two daily calls
Should at any time the necessity arise for renewing them, it can be
readily done, no tui ther modlllcallou having been made iu the by-laws
affecting this brain-h of our business.
Theieportof the trustees of the Gratuity Fund shows balance on
liand $34,05i 9s, of which $18,000 is loaned on real estate aud
$16,654 US idaeed oil deposit with the New York Loan & Trust Company. The Treasurer's report shows balance on hand May 28 ls8ti
$B,1 17 2 J, of which * .0 is to credit of the Charity fund and $3,010 for
distribution among the creditors of Messrs. K. B. Forsyth & Co.
;

The

Treasurer's report

JngSbalance on hand

showed

May 23,

receipts for the year, includ-

1865 (|303

35),

of $74,492 84

NEW York— To

Liverpool,

Rcssel. I.O81

..

per steamers Arizona, 677

Britranic. 899. ...City of Berlin. 1,875....

Euglaud. s>41 ...Furnessia, 750
Servla,
914
Tycho Brahe, 1,728
To Hull, jicr steamer Marengo, HI
To Havre, per stram'-r Canada, 1.209
To Bremen, per steamers Herman, 80O
Werrp, 2oO
To Hamburg, per steamers Hammonia. .'598
Kugia, 550..
To Amsterdam, per steamer Schiedam, 150
To A'ltwero, p -r steam rvs Asia, 5'Jt
Khynland, 50
To Barcelona, per steamer .Vlisi^, 85
To Genoa, per steamer Furnessia, 200
Nbw Okleans—To Liverpool, |>er steamers Amethyst, 1,788
Explorer, ?, 191. ...per ship Thos. Lord, 3,734
To Bremen, per steamer Laurestina, 1,260
To Hamburg, ncr steamer Laurestina, 202
Cbarleston— To Liverpool, per bark Algeria, 1,973
per brig
—
Kuggiero Priuio. 1.415
To Havre, per bark North Star. 2,467
To Bar.'Bloni, per barkGuneopina R. 1,700
Nbwi'ort Nbw s— To Liverpool, per steamer Civpulet, 2,075
Baltimobe— To Bremen, per steamer HohenzoUern, 350
To Rotterdam, per ste uuer .Vlb 1 10. 300
BOSTON—To Liverpool, ner steamers Iowa,2,s2l
Palestiue,
»

St.

John, por schooner Mabel Purdy, 100

Total

The

1,209-

1,000
1,148

loO
645
P59
2jO'

8,713

1,260
202
3,3S9
2,<67
1,706
2.075

350
3005,8.=i2

2,449.... Scythia, .579

To

8.«6»
860

If

»

41,3j2

-

particulars of these shipments, arranged in our

usual

foiia, are as follows:
Holter-

Bre- (Jam, Am- Barmen t£ sterdain cctov a
Ham- and Ant- and

Liver-

York.

8,Sd9

Orleans.
Charleston.

8,7U

Hull. Havre, tmrg.
860 1,209 2,143
1,462

3,.'?93

2,467

Newport N.

2,075

noot.

New
.V

Total,

14.91(>
10.175.

1,700

7,560

550

300

5,852

Total... 28.902

St.

Qenoa. John.

795 1,059

2,07.5^

350

B.iltiiuore

BOBton

loerp.

860 3,676

3,969

1,095

2,759

100

5,952

100

41,352;

Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:
NkwOeij:an8— For Liverpool— May 28— Steamers Alice M. Minott,
2.S72.... Venezuelan, 2,714— May 29— Steamer Actor, 3,060.
For Barcelona — May 24— Brig Josefa Formosa, l,r>oO.
Mobile— For Liverpool—June 2— Bark Pricillo, 2,985,
Chakleston— For Liverpool— May 29— Steamer Azalea, 6,030; bark
NicolettaF,

1,37:?.

Wilmington - For Liverpool -May 28— Bark Charlotte Anna, 1,844.
Norfolk— For Liverpool— May 29— Shio Governor VVllmot, 7,630....
ife

May 31— Bark George B. Uoane, 1,702.
Bo»TON— For Liverpool— May 26—Steamer

Q9 -Steamer Kansas, 3,856.
BALTi,«ORE—F>ir Liverpool— May

Catalonia, 1,347

M»y

26— Steamer Barrowmore, 3,553.,..

Juuo 1— Steainir Nova Scotlan, 1,985.
For Bremen— May 26— Steamer Donau, 450

June 2— Steamer

Leinzig, 701.

Philadelphia— For Liverpool— May 25— Steamer Lord Cllve, 1,316..
Jane 1 — Steamer British Princess,
For Antwerp— May 25— Steamer Switzerland, 400.
Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, &c.
.

.

JONE

li*8&

0,

THE cnilONKJLH

I

BREADSTUFF S.

l>uruY i)K t/iiMK, atnainor (Pr.). Ooiip, from Now OrloniiH for Ilnvrc,
whili iirrlvod ul Nciw York April li; In ilin'riMi. illi<itli:irK"il '"'i'
iiuule ropulrtt, ri-l<i<tilml liinl wiiH pro. ncfliiiK to aimi A M. Mar
.Mill Icitn l>y tiiK ('. 1'. K.iyuioiiil, strikiiii li r uii »t iripo inl
111.
I'' rUxliiK. HtitvliiKlo
two pl.ili'H iinir tint Wiitor Unit.
Ill
Mix nnii "f tli» •'iiptiklii. b iil
1. wlilrli w.iH III rliitr^oor
Ih
ittiTLil.
Tint I>. do L. imsAttd uilt ut 8 uily lluuk
10. lu .V M, Juno 1, for Ilavrtt.
PitNTHC. HtiiiiuT (nr.l, from Sow Ovlonn.sf'tr Liverpool, which xtrivniln.l
Hint will ho
It; W.\foril May i;.lth, h«« been llnatttd nn<l nnchoroil.
Six Imiidiol itiiil cli<hty-ono ImliH of uiitr,an
itxaniliii'il by a illver.
llr.i oe-onrrod ainoni; a i|iiantliy
wore laiidcil at Kilinorii ipiay.
r;ii

!.'<•.

701
Frioat.

.

The market

p. M.. JUIIII4,

1846.

and ra'^il wa« very dull and dttprtiiwed
early in the week, but on Wo<laeaday and ThuricJay a Urxe
business wa^ done in whrat flout at flrmer and improving
ratei>, in symp'ithy with the stronger toao that was given
thn wheat market.
The H[>eoul ttion in wheat continued to favor lower prloeji
and values steadily gave way, until tlio opHning on WedneaA
inion
of coUini on a plor at Llveriiofd on thn 'illh, and hoforo thit
day, when the lu«re»t figures of thn season were reached.
wi>riM>\iliii,-iililiid a niiiuliur of bai n woro doatroyod and badly
Then tbo bears began to cover contractu very freely, the
dftni;i^<'d liy Urn and watfr. Tho fti)tt'>n win Part of IhitoirKo o'f
8lc liner Co'niiait (IJr.), from Now Urioaiio for Liverpool, wliloh wim offerings were reduced, and prices rapidly advanced, until
The yesterday the recovery from the lowest point was more than
a''h >ri) at Kilm.iroand had boon llxhtiirnd from th« oto mnir.
P. arrived at Llvorpo.tl on the '^Slh. 8he roportnd that h1i« siistwo cent.s a bushel, when values again became unsettled.
taiut'd no rterlous dam.i^it l>y iiCoIng asliortt. Tint valuo of tlio notThere has been a very fair bu.^iness for export, without mudi
ion whK h was bnrued at her wh,iif wa.s .'{iJ3,000.
reference to the course of futu/es. liuyini^ for the MediterOotion fr.'i<lita ctio pa:it weou iiave twea a.^ follows:
ranean was renewed and many English orders came within
the limits. To-day the^'e was a variable and unsettled mirket
Hon.
Tut*.
Wednet. Thturi.
Balur.
FH
fur futures, with only a moderate business for export, pnoM
Liverpool, steam d
"aa*".! 'aa^^'si "329 '1.4
at the close showing little change from yesterday.
:iii.

.'

for flour

.

M

II

Do

eail...(<.

OAIbT OLOSUia PBIOBS Ot MO. 2 BED WIlfTER WHSAT.
Sal.
Hon. fUM,
WKt. T*Mr».
83><
85
86
SS'g
H6
Sft
84%

Bavnt, Btenin....c.

Do

Ball

Bjeiuea,

e.

11'33

8tttaiii..e.

Do

suU

e.

i>>

CB

HftUibuTKi Bteam.o.

Do

a

'I'e

Do

80*

30-

30-32 >a

"16

£0

30*

BaU...o.

Sera), steam. ...d.
sail

13,4®''SS

Antwerp,

1.1^4

»735 13^43732

e.

H

17.
",
4
i^M^^aa ^V4 3''.Ha "mB'.ii

Barcelona, i'tcam.e.
e.
'Genoa, steaiu
Trieste, steam.. .c
*

"18

'is'

sall....e.

Ajiist'd'm, etuam.c.

Do

In elevator
Jano delivery
July delivery
Antcust delivery.
September delivery
October delivery
November delivery
December delivery
January delivery

M

isj4

Per lou

a 14

16^4914

'ga»n4

Bt4tam..e.
Iba.

—

By cable from Liverpool, we have the following
'Statement of the week's sales, stocks, &o,, at that port.
add previoud we«k8 for comparison.
Liverpool.

We

May

Mai/ 11

21.

May

Si's
Si^Og

86%
87'4
>-8%
89ia

I

bales.
the week
or which exporters took
took..
Of which speculators

Saltte

12,000
630.000

459,000

4.i0.000

461,00f)

3!),000

(;3,ooc

2^,000
253,000
170.000

28:i,00<i

9U.OO0
72,000
244,000
135,100

57,000
2,000
3,000

1,000
2.000
33.000
4,000
11,000

.\moricau

Aotual export

Forwarded
Total stock— Estimated
Of which American— Estlm'd
Total Import of the week
Of which American

amount

63.i,000

75,00c
2.000
9,000
51,000
s.ooo
18,000
633,000

41,000

tiUoat

46,00'J

4.000

sa.ooo

Baiurdan Koniay. fueiday.

Bpoi.

Market,
12:30 P.M.

1

steady.

bu.ilnes^

duioK.

5i«

5%

Wednet. r*ur«(t'v.

fVutai

Harden^g.

Quiet.

10.000
4ale8
2,000
peo.Aexp.

steady.

5%

5%

5%

10,000

10,000

1,000

1.000

5'«
5^18

5S1S

53i6

S'la

12.000
1,,00

10,000
1,0 JO

Firm at

Easy at

1-64 ud-

10.000
l.OoO

e\tture$.

Market,
12:30 P.M.
Market,

4

p.

M.

Qnlct
but
stead;.
Qalet.

vaaoQ.

l-«lde..
cline.

but

Quiet.

Bteadr.

Banr at
Quiet,

l-M de-

Firmer.

cltae.

steady.

StttHd'T.

Barely
Btuaay.

Easy.

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.
Sat., niay 29.

Open High tow.
a.

May

5W

May-June... 003
Jujie-Jaly..

504

05
July-AUK...
AUK.-Sept.. 0C5
02
September..

a.

d.

Dion.,

May

Open

H<g?i

Low.

Oloe.

0pm

4.

i.

<t.

i.

d.

A.

d.

i.

6 03
5 03
5 04
6 03

3 03

5 03
03
5 04

6 02
4 62
4 61

5 02
4 63
4 63

4 61

402 461

004 6 01 501 5 01
504
04 004 6 01

5 03
6 08

OOi
S05 500 6 05

5 03

5 00
6 0'2
4 62
4 61

5 05

5 07

01

ooa

508

4 82
4 61

4 03
4 63

03
4 63

03

iOi

8ept.-0ot...

.163

<6'3

Oct.-NOT....

4 61

4 61

Tues.i June 1.

CIOI.

03 5 03
03
03
5 01 504

4 62

NOT.-Uec...

03

008 606

463
462

5 05
5 06
5 07
03
4 63
4 6^
4 62

5 05
08

07
03
4 63
4 62
4 62

Lov.

03
04

87%
87%

8778

H8

88>4
89>4

89
90

8S«|

90%
91%

91

92

|^

43",

43%

a

43 >«

4(>4
44-8

43%
42%
42%
42%
44
44%
4,5 id
^h\
AUKU'tt deliverv
45%
45%
o
Bopttiuber delivery
46%
46%
46%
46%
(5
Oat j have quite broken down under the burden of large
supplies the accumulations that were made with the view of
meating the "corner" on Miy contracts, and for which no
aiequate outlet appeared while holders were dismayed by the
decline in other cereals. To-day there was a slight recovery
from inside prices.
4514

44^
45%
46%
46%

Jnnc delivery

S

44%

DAILY CLOSINO PRICES OF NO. 2 OATS.
Mon. Ttiee.
Sat.
Wed.
31
June delivery
>;
33%
33%
33
33
Julydelivery
33%
2
31»2
31
31
August delivery
o
September delivery
K

506 606
607 6 07 5 07
02
4 82
4 61

Oloe.

a

nurt.

Ffi

33%

83''9

83
81

31

peas are lower.
The following are the closing quotations:
FU>OB.
.9 bbl. $2 103 3 00 Sonth'n oom. extras..
80
Saperllne.
2
a 3 35 Southern bakers' and
family brands
Spring wheat extras. 3 10» 3 50
75(>
4 60 Bve flour, superfine..
Minn clear and stra't. 3
Fine
Winter shlpp'g extras. 3 30a 3 75
Winter XX A XXX.. 3 859 4 8) Corn meal—
4 7.5a 5 30
Western, &o
Patents
Brandywlns, Ao....
3 009 3 40
Soatbern supers
Fins

$3 409 3 80
3 859 4 75
3 259 3 40
2

309

2

409 3 75

I

8prlng,par bnsh.
8prlnfcMo.2
Bed winter, Mo. 2
Red winter

White

mixed

West. mix. No. 2.
West, white
West, yellow
White Southern..
Yellow Southern.

9 92
a SBi^
87 « 88%
77 « 03
80 « 91
32 9 45
42%S 44
42 9 46
42 a 46
48 9 64
44 9 47
78
87

I
I

Rre— Western

63
State and Canada... 66

Oats— Mixed
White
No. 2 mixed
No. 2 white
Barley .Malt-

Of n High
«.

May

A.

i.

604
03
May-June...
504 5 03
Jane-July.. GM 5 01 004
July-AUB... 505 608 6 03
AuK.-Sept.. soa 006
06
September.. • 02 S02 5 03
4(va

4 03
4 63

4 63
4 61
4 01

Ttaars.,

Jone

Oiwn Higft Low.

Lav.

03
03

B«pt.-Oot... 4 02
0«.-Nov.... 4 61
KoT.-Dec... 4 01

,

A.

001
504
5 04

4.

5 05

i.

5 05
5 03

505
506 506

d.
6 05

3.

Oloi.

Oxn

d.

d.

6 05
605 5 05
605
03
006 6 06
07 5 07
6 03 5 03

606
006

5 07 6 07

5 03
4 63

503
500 500 463 463
4 63 4 63 4«3 413
4 68 4 63 163 4 S3

4fl'3

4 02

07

6 07
6 03

Frl.,

6 01

June

am LOW.
d.

i.

504 6 03

504 6 04 3 03
8 05 605 604
06 606 6 03
506 6 06 3 03
6 02 5 02 502
4 62 4 62 162
4«3 4 62 4 81
4 83

4 62

4 61

2

70

....0 2 75

QRAI.f.

Wheat-

•
•

65
68

32% 9 36
35 %» 43%
34 9 35%
37

3814

95 91 OS
State, two-rowed... 73
78
six-rowed
State,
80
88
Fe:is—Canada
7i)

Canada

The movement of breadstufis to market is indicated in the
statements below, prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at Western
SCO
lake and river ports, arranged so as to present the compara5 07
tive movement for the week ending May 29, 1838, and since
5oa
July 26 for each of the last three years:
4 83
5 03
5 03
5 04

4 63
4 62

BMttftoat-

nour.

Wheat.

Com.

OaU,

OirUv.

^Me.iseide JIii>».60Um AUA.0OU.J BvuD.daibe Baih.iSUu

Wedne*., June 2

33%

30\
Rye has been dull and drooping. Barley malt met with a
fair demand and prime samples are firmly held.
Canada

Oom— West,
31.

87 <«
87 <«

feT"*

—

Fair

Mid. Upl'ds
Mid. Orl'ns.

86%

85U
86%
87%
88%
88%

—

181,000
The tone of the Liverpool market for spots and fucurea ea';n
day of the week ending June 4, and the daily closing prices
«r spot cotton, have been as follows:

Of which .American

8^^^

84»B

covery that considerable lota in store are proving unsound has
aided to the anxiety of holders, and increased the pressure to
The more distant features, however, were less depi-eased,
sell.
and consequently some irregularity has at times been apparent.
To-day corn on the spot declined to433^c. for No. 2 ineievat<Hr,
without stimulating the export demand.
OAILT OLOSIMO PBIOBS OF HO 2 MIXED COBS.
Mim.
Vua.
Sat.
Wed. rA«r».
Fri.
July delivery

'Bales of

fa3'8

89%
90%
81%
Indian corn has been much depressed, sympathizing to some
extent with the course of wheat. Toward the close the dis-

(n elevator

June

2i.

•a

JH,
87
87

4.
Clol.
d.

5 03
6 03

004
6 05
5 05
8 02
4 63

461
4 81

Chleago
Milwaukee...
Toledo
Detroit
Cleveland ...
BUIrf>uls.

...

S6J»i

783,0J3

1.416,163

101.808

103SB

63.515
4,123
8.618
2.850
17.077

833,783
88,756
37,943
14,690
62.997
5,030

11,8J0

53.477
S4.aee

49,127

6,780

ee.i«8
33,000
303.890
497.190

63t«

S06.3SB
140,130

9.360

14,890
.....

1.391.873

8356.S78

118340
19,345
9.800

3,800
6.000

S«.938

Tot. wk. '86

Same irk.
Same wk.

00.853

1.100

Bborta
DnlntlL

Bye.

MuhAttbe

157,014

'86

in.755

>84

116,771

3.MS

753,018
833,189
667,648

1.819,138

1.947.588

i;0.d31
119.27J

84.78S
47,I««

1.811,169

1,789,579

184.939

61,736

63,109,7*0
03,838.094
68.791.816

79.869343 6!,3»S,7»8

19,833.884

a,7ao,7i«

84,303,880
»l,47l.l«0

B8.aa3,558

16.343.039

4.416361

66.606374

18.779.798

6.493

Am* July 36
U8B-86.....
1884-35

7,138.727
8.758,789

188S-A1.

7.806394

..

SSe

w

..

THE CHRONJCLK

702

M—

Corn,

Wheal,

Flour,

New York
Boston
Portland
Montreal
PhlladelpWa...
Baltimore
Kiclniiond
Hew Orleans...

the week ending June

bush.

58,334

54,336

71,161

592,800
216,185

10,570
11,524
20,216
4,350
16,298

182,896
7o,S64
156,051
29,423

268,949
64.969
464,337

90,334
46,507
54,347

1,500

16»,220

The exports from the

May

29, 18 86. are

bush.

1,700

400

4,987

655

demand for plain and colored cottons lately
reported by the mill agents, but prices ruled steady, and
stocks are for the most part in good shapa, and by no means

tion of the light

13,670

2tt,253

99,150

Print cloths were quiet, but
and 2i^c. for 58x603. Stocks
last Saturday and for the three previous years were as follows
May 29, May 30, May 31, June 2.

large for the time of year.

15,770
72,695

5,642
11,725

Total weelc... 236.416 1,630.220 2,308.393 1,099,543
606,351
Oor. week '85.. 232.233 1,257,316 1,311,912

ending

1 were comparatively small, only 1,258
packages having been shipped from tbis port, including 241
to Venezuela, 231 to Brazil, 231 to U. S. of Colombia, and
minor shipments to other destinations. There was a continua-

Rye,

Barley,
bush.

Oats,

bush.

bush.
113,120 1,179.950 1,244,502
bbls.

Domestic Cotton Goods.— The exports of domestics for

porta for the

The receipts of flour and gram at the seaboard
week ended May 29, 1886, foUow;

[Vol.

closed firm at 3 316c. for 61x6i3

several seaboard ports for the week
shown in the annexed statement:

:

Slock of Print Cloths—

Sxports

from—

Wheat.

Com.

Bush.

KewTork

1,294,591

Bush.
342,866
16,263

Flour.

Oats.

SV*-

Bbls.

Bush.

Bush.

Held by Providence manuCrs.

Peas.

Fall River manufacturers...

Bush.
25,850

5

77,192
48,931

3,659

10,461
5,387
30,435
561
2,920

348,853

TotalVk. 2,173,996 1,316,261
8'me time

175,837

352,512

5

146,004

308,444 1,064,139

155,883

156,400

65,773

273,613

We

add the

Boston.
Portland.
Montreal.
.

287,672

358,929
221,499
293,977

Phlladel.-

Baltlm're
N.Orl'na.

418,75.T

250,705

Bloliiu'd

1885.

1886.
Week,

week
to—

May

May

29.

20,154

Com.

B.&C.Am
W.

Indies

Brit, col's
Otli.o'n't8

May

29.

May

764

30.

Bush.
283,384
25,000

B^uh.
106,352 1,308,222
142 850,785
18,169
16,411
14,775
34
14,989

123,861
4,985
15,937
16,418
11,922

tJn.Klng.
Conttn'nt

30.

1885.
Week.

1886.
Week,

Bbls.

Bbls.

60

1886

1885.
Week,

Week,

May

29.

Bush.
854,979
398,854
49,810
6,726
121

May 30.
Bxish.

498,897
397,692
143,960
16,510
2,080

5,771

308.441 1,316,261 1,064,139
granary
The visible supply of grain, compriamg the stocks
at the princip^ points of accumulation at lake and seaboard
ports, and in transit by raU and water, May 29, 1886 :
Barley,
Xye,
Com,
Oats,
Wheat,
bush.
bush.
bush.
btuh,
Imth.
In itere at—
3.008
54,515
2,949.321 1,852,460 449,924
JITew York
10,000
148,900
8,000
448.000
Do afloat
42,000
24,000
17,000
6,000
1,100
Albany
7,706
54,379
320,105
1,875
2,015,517
Buffalo
15.5,883 2.173,996

175,887

Total...

m

Do

afloat

8,310,320

Chicago

Do

Do

2,533,163

Do

28,256

16,497

59,963

5,510,840

afloat

Toledo
Detroit

Oswego
Louis
Oinoinnatl
St.

Boston
Toronto
Montreal
FhUadelphia
Peoria

IndlanapoUs

Kansas CSty
Btatlmore
Minneapolis
BtLPaul

On Mississippi
On lakes
On canal

•

4i',6l5

afloat

Dnlutli

Tot.
Tot.
Tot.
Tot.
Tot.

397,867

1,474,593

afloat

Milwaukee

May
May
May
May
Juue

56,526
39,297

932,227
178.078
22,438
1,178,493
110,000
80,000
609,962 1,302,967
109,000
5,000
29,386
67,801
15,000
385,776
625,871
22,337
66,537
310,023
40,837
1,221
21,000
83,250
202,547
73,756
339,512
485,300
3,584,057

Prints ruled quiet in

172,901
5,000
232,617
6,912
85,463
71,981
261,148
19,000
2,047

Minneapolis and

St.

340,000 1,444,000 969,000 690,000
hands, but there was a moderate

first

owing

to the public sale referred to above, but prices are without quotable change. Wool hosiery and heavy underwear
continued in pretty good demand for the coming season, and
leading makes are well under the control of orders.
Foreign Dry Goods have remained quiet in the hands of
importers, and there was only a moderate business in jobbing
Prices of the most staple fabrics are generally steady
circles.
in this market, and a slight advance in silks and wool fabrics
has been established at some of the sources of supply abroad.

Importatlona of Ory Ooods.
The importations of dry goods at this port for the week
ending June 3, 1886, and since Jan. 1, and the same facts for
the corresponding periods are as follows:

3,951
1,838

27,600
21,074
22,000
2,319
38,693
lo^ess

89,500
15,488
15,000
12,278
12,836
10,762

a.'3

2R

li
S:
S:

I

Pi

:
!

:
.

6:

I
I

i

P
i:

i

i

?

:

p

1',42'i

"764
1,956
koco

41,000
44,292

110,000
617,757
974,400

'86. 34,838,.596 7,914,951
'86. 37.813,771 7,814.500
'85* 36,733.759 5.533.977
'84* 16,782,080 7,949,413
2, '83* 20,284,815 13,793,546

29,
22.
30,
31,

1883
140,000
160.000
315,000
75,000

Domestic Woolen Goods.—The main features of the
woolen goods market are unchanged. There was a slight improvement in the demand for men's-wear woolens by th«
clothing trade, but selections averaged light.
Kentucky
jeans and doeskins were in fair request, and prices remain
steady because of the moderate supply. Satinets moved
steadily on account of back orders, and a fair amount of new
business was done in some quarters. Cloakings and Jersey
cloths were only in moderate demand, but fair-sized orders
were placed with agents for all-wool and worsted dress goods
adapted to the fall trade. Flannels and blankets have met
with more attention from intending buyers, but actuil transCarpets ruled quiet,
actions were moderate in volume.

918,500
1,380,295
2,312,000

1884.

275,000
309,000
285,000
100,000

Total stock (pieces)

Wheat.
1885.
Week.

(est)

1385.

443,000
377,000
324,000
300,000

business in other printed goods, aa lawns, batistes, fine
sateens, &o., and crinkled and plain seersuckers, chambrays,
staple ginghams and bourettes were in fair request.

Mxports
for

Outside speculators

...

The destination of these exports is as below.
oonrespondinK period of last year for comparison
Flour.

Providence speculators

1886.

71,000
83.000
156.000
30,000

OitOi^CP-4

8,300
1,919,850 274,075
1,523,960 302,856
2,565,590 222,986
2,966,297 1,147,034
3,988,575 1,741,274

ODC

CCI-'

tolo

loos
QOOi

C3C;>C0QDIO

OOCOMiP-QS

COCCOtOM

THE DRY GOODS TRADE.

over 35,000 pieces of carpets and more than 53,000 rugs and
mats of various kinds. The attendance of buyers was unusually large, the competition was brisk, and all the goods
were sold in three days, at fair average prices.

towworo
COOi^OW

OCR

M <) to to

CO

cooovro
^WMODi^
l(».WMt0l-»

6001^*350

WM^-JOD.'J
tnaocctoy«
wto>-)^c;»

lOMMfcOOl

h->

wo

MQO

OiWOWO

CD-*

Q0CD)i^iF^O9

ui*>j

&

QOW

p**MQo^%e
tffc.

Paul not included.

New York. Friday, P. M., June 4, 1880.
Business in the dry goods trade opened very quiet the past
week, owing to the intervention of a legal holiday; but there
was a slight improvement in the demand towards the close,
the arrival of a good many out-of-town package buyers in the
market having contributed to this result. There was very
little animation in jobbing circles as regards the distribution
of general assortments, but a fair package trade in fancy
prints, etc., was done by a few of the large firms having
**
job lots" to offer their customers. The event of the week
was a peremptory trade sale of carpets, rugs and mats, the
balance of production to date of the Alexander Smith
Sons' Carpet Co., Yonkers, N. Y, The sale was the largest of
its class ever held in this or any other country, embracing

MWMHt

ODtO

CD CO

321,227
373,834
308,376
407,387
520,347

"k-Vdcsodcd

I?

ca c;* to to

wt;»pQop

wcnwwto

tf^'wo'tow

;CICC0»-«CD
Kk.c;io:wcn

o»to

otto'cow^i

r-awwMr-

•oacoAto

O

W
MfcOi^
H'cncoM*-'
cji i;D
I

to 00 cw

MOO OS to

WW
MM

CDtCtOMQO
"J-Mrfi-UiW
t-"^ to ceo

MH'MI-'W
<IQO

mW

oto
ow
Vy
to to
too

to CO !S CO 31

<1©Wp-W

*4-4OQ0W

MOiWO

l-'rfi.tOl-'

rf»-totoy*3

r-*^-qc;-tO

-I

^lODWQOM
oa to

cj'

M oa

to

to

oao

OQD

WW
"ioOD
wc
w<x>

t-p
WtO

gOr-'^^OitO

<IC)W<J^Xi

WA
WOi

I

|t-0

,^-'^to
to'V-'^i'.-M

CCCP

WTO M

^ -q O K (©J-Cl
'

-•1

w ^^ w to

o»coy!Cjioi

coco

ioo

OCDC:toto
Qc oi O" oi H*

CO 1^ Ci -q

lt*-tOCOO<l

tf*

MHMWtO

_(^U!tO»QO

Wi-

OKJCCtOQO
rf*W*-MtO

toVi^i^co

to%»
tots

>».©**'-)«

m-o

a to 00 --^^
V- yi w <i M
'J O O Oi
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WjJ|0>-'tO

W -—J CO
ff w
»0 to '1
to

Junk

THE CHKONICLE.

6, 1886.J

IQauUs and IJ^auTicvs

of Ucmj ^orfi.

Stmst ®ampatil<B.

NEW ENGLAND BANHEKS. United

BANKS.
Oko. 8TiniOKg, rres't.

®ut

W. Gookin, Aut. Cash

F.

Samuel G. Studle
North-Western Nat'l Bank, COMMISSION
STOCK BROkER,
)ki
CHICAGO, ILLINOIS.
No. 4 Exchange Place, Ruom No. i,
Capital, $200,000. Surplim, $50,000.
BOSTON, MASS.
ndilltlon
V 8.4 per
Thia Bunk
«I.O()O.0OO

hiildn In

MKMBKR OF BOSTON RTOOK BXCBANOB.

par, plodKt'tl by its ntockhoiders for
Saul bonds are
the proteotlon of Its cnstomorH.
plediied lui Abuvo Inntoad of beInK held by tlio Bank
ItH
liwal surplus, to avoid what we think
aa a part of
unjust and exoesalve luoal taxation.

oentBondaat

Swan
BANKERS

BRORBB8,
Street,

THB

Oovemment, State, County. City and RaH
road Bonds. Bank Stocks, *o.
Ueslrahle Invustmont Securities constantly on hand

phii.ai»i:li>iiia

Duiffnated Depotitory of the United State*.
-

$300,000 00

-

&

Narr

Acoonnta of Bankii, Merchants, Corporations and

bankers.

promptly made and remitted for.

PHILADELPHIA.
Members of the Philadelphia and New York Stock
Exchanges.

BBKUMAXi'. .lEMETT, Pros. JOSIAHjEWKTT,V.Pre8
WIl.Ll.VM C. CoH.NWKLL, Ca.shier.

Cable Transfers,

$300,000

BUFFALO,

J

N. Y,

I'res't.

The Bank

Wiley,

DCRHAin,

BALTIMORE BANKERS.

to Collections.
FlUST-CLASS KACILITIBS.
New York Correspondents. —The National Park Bank
and Seventh Ward National Bank.
STATE BANK, (C.T.Walker,
J. G. Fletcher,
Incorporated 1876.

(Members

•

.

nished.
N. Y. Correspondents— ACcKIm Brothers

.

our line.
N. Y. CoitltESPONDE.NTH.— Importers' & Traders'
National Bank and National Bank of the Kepul>Mc.
A. K. Wai.kkk, Cashier.

National Bank,

WILMINGTON,
made on

TRANSACT A OENEKAl, DOMESTIC AND
FOREIGN BANKING BUSINKSS.

N. C.

parts of the United States.

all

Wm.

MERCHANTS' NATIONAL BANK,
RICUITIOND, VIRGINIA.
Collections made on
terms; prompt returns.

JoHX

all

JOHN

F.

G le xx, Cash

.

P.

&

Fisher
BANKERS,

Sons,

H

President.
R. Scott. Vice-Fres't

,

RALTimORE, MD,,

THO^AN BRANCH &

CO.,
BANKERS AND COMMISSION MERCHANTS,

Have Western Union wires In their offices, by
means of which immediate communication can be
had with all commercial points in the country. Especial attention Kiven to purchase and sale of VirUlnia Consols, Ten-forties, Deferred and all issues
of the State, and to all classes of Southern State,
(yitv and Railway Securities. Correspondence so-

RICHinOND, VIRGINIA.
Circulars and information on fnndinKthe debts of
Viririniaand North Carolina freeof cost: one-eiKhth
per cut charKe<l for futidiiitf. Southern Railroad
and .State and City Bonds hoilKlit and sold.

licited.

Ji

beneroleot InitltaUoiia,
ooDTsnlent depoaltory tor

STEWART. President.
WILLIAM FI. MACV. Tloe-Presldsnt.
JAMKS 8. CLAIUCSeooDd rice-Pras't
a.

TRVSTBKS:
W. W. Phelps.

Arnold,

John H.Rboadaa,

Anson P.Stokss.
Robt-B. Mintnm.
Geo. 11. Wsrrsn,
U«o. Bliss,
H. 0. Lawrence. William Libber.

ThomasSlooomb, D. Willis Jamei,
Charles B. BUI, John J. Astor.
Wilson a. Hunt. John A. Stewart,
Wm. H. Maoy, B. M. Bnck'gham
Samuel Sloan.

James Low.

Isaao N. Phelps, John C. Brown,
Brastas Corning. Edward Cooper.
Chittenden, W.BayTdCnltUKi
Chas. S. Smith.
L. TUORNBLL, Secretarr.
8. B.

HBNRY

HAMPTON, AHUt«at8«G>«lar7.

IA)U18 a.

Union Trust Company
OF NEW YORK.

73 Broadway, cor. Rector St, N. T.

......

CAPITAL,SURPLUS,

$1,000,000
«a,(>00,000

Authorized to act as Rzecutor, Admluistratur,
Guardian, Receiver, or Trustee, and Is

A LBOAI, DBPOSITOllY FOR MO."»BY
Accepts the transfer agency andreglatry of stocks,
and acts as Trustee of mortKuses of corporations.
Allows Interest on deposits, which may be made at
any time, and withdrawn on five days* notice, with
interest for the whole time they remain with the
company.
For the convenience of depositors this oompany
also opens current accounts snbject. In aeoordanoe
with Its rules, to check at sight, and allows Interest
upon the resulting dally halanoea. Such ohecks pass
through the Clearing Mouse.
Wm. Whltewrlght,
It.

TBUSTEBS:

James M. McT^ean,
Ambrose C. Kingsland.
James H. Ogilvie,

T.Wilson.

Wm. *'. Russell,

James N.

T. Kalrchild.

S.

H. Frfithlngham.
George A. Jarvls,

1.

Piatt,

D. C. Uays,

C. Vanderbllt,

Iames;For8yth.

A. A. Low,

George Cabot Ward,

Edward King,

O. O. Williams,
R. G. Remaen.
Johnston,

B. B. Wesley,
D. U. McAlpln.
Oeorse B. Carhart.

J. B.

Henry

Samuel

Stokes,

Kdward

Schell.

Amasa J.

Robert Lenox Kennedy, Geo.

F.

Parker.
Barger,

C. .Maeuun.

EXECUTIVE COMMITTEE:
Wm. Whltewrlght,
G. G. Williams,

James M. .McLean,
J.

K. B. Wesley,

C.D.Wood.

B. Johnston,

D.C.Hays,

A. C. Kingsland.

EDWARD

KING,

'

President,

JAMES M, MrLKAN, First VIoe-Pres't.
JAMBS H.OGILVIK, Second Vlce-Pre?t.
A. O. RONALDSDN. Secre tary.

The Union Trust
611

Dealers In Governments, Stocks
and InveNtinent Securities,
32 SOUTH STRBKT,
Oppositi Sboovd St

BRANCH,
.

Dan.

md

'

J<,ii..

Co.,

AND 613 CHESTNUT STREET,

PHILADELPHIA.

And

Southern points on best

Fked

& Co.

Robert Garrett & Sons,
BANKERS,
No. 7 SOUTH STREET,
BALTIMORE,

$200,000

jrivcn to all business In

E. B. BlKltlsti, Prcs't.

i

C.D.Wood,

Correspondence solicited and information fur-

Prompt attention

Oollections

Stock Exchange),

specialty.)

lilTTLE ROCK, ARKANSAS.

First

of Btiltimore

(INVESTMENT and SOUTHERN SECURITIES a

German National Bank,
Capital (Paid In)

fonlale^
neaa, aswell
will find tliij

Henry A. Kent,

BALTIMORE.

Cashier.

>

Co.,

BANKERS AND BROKERS,

j

i

&

Wilson, Colston

Pay Special Attention

President,

SOUTH THIRD STREET,

PHIEADEEPIIIA.

Cashier.

C,

N.

M. Shoemaker & Co.

No. 134

Durham

of

BOBIBT H. JAjmiT.

BANKBBS AND STOCK BROKERS,

tfhis hank has superior facilities for making collections on all acrcssihio points in the United States,
Canada anil Kurope. Lil)erHl terms extended to accounts of l)ajiki'rs iinil merchants.
rouKK'*i'oNi»i;NTs.--Now York, National Shoe &
Leather Bank; Union Bank of London.
P. A.

OS.

Is

BzecutorH, admtritHirators, or 'miftirw nf ssistss.
jcd totbetrsnasctlonof tail*

and

Kxchange and Letters of

M. SHOIMAKIB.

J08.

a loval dopnsltnrr (or noosn pat4
authorised to a«t Mfiutrdlaaor

la

INTERBST ALIXIWKD ON DBPOOITS.

Credit.

Buffalo,

CAPITAL,

Bills of

Co.

which may be made at any time, and wltbdrswD aftsv
Ave days* notice, and will im entitled to Intsr sst for
the whole time they may remain with the oompeajr.

CHESTNUT STREET,

No. 437

Will act as aKcnt for the Investment of idle and
surplus funds of Banks or Individuals.
In our active and drowinir city money is always In
demand. Our rates reasonable. Uive us a trial.

W. T. Blackweli,,

and

Clinton Otibert.
Daniel 1). Lord,

Gerlach,

BANKERS AND BROKERS,

Individuals respectfuily solicited.

Bank of

This onmpanr
Into court,
trustee.

Dealers In

ATLANTA, GEORGIA.

States Trust

OF .VKW YORK.
No. 4B fVALL STREET.
Capital BndSnrplna, M,0OO,0<M

money.

PORTLAND, MAINE.

Gate City National Bank

("ollectlona

& Barrett,

AND
18» middle

liUlKlWICKj.UlLL, K.B.MOCAITDLXSS. A. W. BILL
Caihler.
Yioe-PrM't
rreddent.

Capital and Surplus,

ni

Anthorlied Capital
*1*222*SS2
....«)0.000
Paid-up Capital
Acts as Executor, Administrator, Assignee, etc,
and executes trusts of every description known to
the law.
. .v«
All trust assets kept separate from those of the

Company.

.^„
Burglar-Proof Safes t.o rent at IS to 100 per annum.
Wills kept In Vaults without charge.
Bonds, Stocks and other valiubles taken uader
guarantee.
.......
__
Paintings, Statuary, Bronses, etc. kept In Fire-

Proof Vaulu.

Money

N£W

^VESTERN BANKERS.

EKTOLAND BANKERS.

Brewster,

Cobb

&
No. 135

Lamprecht

Estabrook,

No. 137

SUPERIOR STREET,

Traniuict n freneral banklns bustnos:*, and DEAL
IN TOWN, COUNTV AND CITV BONDS. LtsU
and prices furnished on appllcatioo. Write us If you
wish to buy or sell. Uofor, by permission, to Society
for Savings, Savings & Trust Co. and National Banks

BOSTON.

of Cleveland. Ohio.

MEMBERS OF THE NEW YORK AND

ESTABLISHED

BOSTON STOCK EXCUANGES.
ALSO,

P.

Dealers In Municipal, State, Railroad
and United States Ronds.

F.

Keleher

&

Co.,

Defaulted Bonds of Missouri, Kansas and Illinois ^
BpeclHlty. Good Investment Beourltlea. paylnti from
four to elKht per cent, for sale.

Wilbour, Jackson & Co.,
BANKERS AND BROKERS,
No. 52 WI':VB4»SSET STREET,

Chas. H. Potter

&

Co.,

INVESTMENT BANKERS,

OHIO.
CLEVELAND,
specialties:

I.

Dealers in Commercial Paper, Government and
other first-class Bonds and Securities and Foreign
I

MAULON

The Brooklyn Trust Co.

VfTL

SOe OLIVE STRBKT, ST. LOUIS,
Dealers In Western Secnrltlea.

Joshua Wilbour.
Chables ii. Sheijjox, Jr
Benjamin A. Jackso.v, Wii.uam Bixsey, Jit.

KxcbanKe.
Private Telegraph Wire to New York ana Boston.

Co.,

CLEVEL.\ND, OHIO.

BANKERS,
CONGRESS STREET,

PROVIOr.NCE, R.

&

Bros.

BANKERS,

received on deposit at Interest.
Pres't. JOHN O. READINO.V..Pre«t.
8. STOK ES, Treasurer * Secretary,
D. R. PATTERSON, Trust Officer.
DiREcrroRS.-James Long, Alfred S. Glllett. Joseph
Wright, Dr. Charles P. "fumer, William 8. PJIce.
John T. Mi>nroe, W. J. Nead,Thoauu B. Patton John
O. Reading. Wni. H. Lucas, D. Hayes Agnew.jM. D.,
Jos. I. Keefe, Robert Patterson. Theodor C. Bngel,
Jacob Naylor. Thos. O. Hood, Edward L. PerUba,
PHiuADEunLA; Samuel Riddle, Gi-K.v RinDLi,Psj
Dr. George W. Relly. Harhibbcbo, Pa.; J. Slmpsoo
Africa. Huntingdon; Henry 8. Eckert, Reading;
Edmunds. Doty. .Mirri.iNToWN; W. W. U. Darts,
Dovi.ksTow.n; R. E. .Monaghan, W«8T CBISIXB;
Chas. W. Cooper, ALLBNTuwN.

JAS. LONG.

TOWN, CODNTY AND CITY BONDS,
MINING STOCKS,
LAiB SUPERIOR IKON
AND STRBKT RAII.BOAO SltCUaiTlBS

Cor. of Montague A Clinton sts., Brooklyn. N. 7.
This Company Is auttiortied by special charter to
act as recetrer. trustee, guardian, executor or administrstor.
It can act sssffent In the sale or doanagement of
real estate, collect Interest or dividends, reoelve
registry and transfer books, or make purchase and
sale of Guvemmcntand other securities.
Religious and charitable Institutions, and persons
unaccustomed to the transaction of business, wUI
find this Company a safe sod oonTeolenl deoosttorr
RIPLEY ROPBS. Presldeat.
for money.

EDMUND W.

CORLIXS, Tloe.Prss*U

TRUSTEES.

B. ¥. Knowlton, RenrrK SbeldOB
John T. Manin, C. D. Wood, .
Fred. Cromwell. Wm. H. Msl*.
John P. Rolfs, Ripley Ropsa
MIob.Chauncey. K. W. Corliss,
Abrsm B.Bute.
-s/ss.
Wm. B. KendalUl- B. Plsrrspont.

Joeiah O. Low,
Alex. M. White,
A. A. Low,
Alex. McCne,

^^

J4*- Bobs

Cubkas, eMTttarr

:

:

;

:

;

THE CHKONICLE.

vni

^xust ^ompnnUs,

%ZQnX Moticf.

Metropolitan Trust Co.,

riOMMlSSIONERS? ANB TRUSTEES'

MUlo Building, 35 Wall

St.,

PAID UP CAPITA I,,

New York.

$1,000,000.

Designated as a legal Depository by order of Sopreme Court. Receive deposits jf money on interest,
act as fiscal or transfer agent, or trustee for corporatlons, and accept and execute any legal trusts from
persons or corporations on as favorable terms aa
other simitar companies.

THOMAS HIIjLHOnSE. President.
Vioe-Presldeot.
WALTER J. BRITTl.V, Secretary.

FRBDERIC D. TAPPEN,

^

••

.

Bonds

-

of* Surety sliip.

NO OTRER BUSINESS.

The Guarantee

Co.

OF NORTH AMERICA.
Oash Capital
Assets and Resources

|300,000
830.000

Deposit with Insurance Department
240,000
President
Vice-President
Sib AtEx. T. Galt.
Hon. Jas. Fbrbibb.
Managing Director Edward Ra wlings.
:

NKW YORK
D. J.

OFFICE

BROABXTAY.

NO. Ill

TOMPKINS,

Secretary.

Nbw York Directors— Joseph W. Drexel. A. L.
Hopkins, H. Victor Newcomn, John Paton. Daniel
Torrance. Edw. F. Wlnslow. Krastus Wiman, F. P.
Olcott and J. B. Pulsf ord.

&

FIDELITY
No», 814

4

218

CASIJAI^TY CO.

BROADWAY, NEW YORK

Cash Capital, $250,000, invested

Gov't Bonds.

in U. 8.

$200,000 deposited with the N. Y. Ins. Dep't, for
the protection of Policy-holders.
Assets, January lat, 1888, $590,500 42.
Otfficials of IBankB, Railroads and Express CompaManagers, Secretaries, and Clerks of Public Companies, institutions and Commercial firms, can obtain

nies,

BONDS OF SUREXYSHIP

this Company at moderate charges.
The bonds of this Company are accepted by the

from

courts of the various States

CASUALTX DEPARTMENT.
Policies issued against accidents causing death or
totally disabling injuries.
Full information as to details, rates, Ac, can be
obtained at head office, or of Company's Agents.
Wm. M. BiCHARUs, Prest. John M. Crane, Seo'y

ROB'T

J.

G. O. Williams,

IIiLLAs, Ass't Secretary.

DIRECTORS:

David Dows,

W.

G. Low,

J.8.T. Stranaban, A. 8. Barnes,
Charles Dennis,
A. B.Hull,
H. A. Hurlbut,
Alex. Mitchell,
J. I.. Biker,
J. D. Vermilve,
8. B. Chittenden.
Geo. S. Coe.
Wn'. M. Richards.

P^KiscjellaujeutiB.

&

Crenshaw

Tl WAI,!. ST.,

Wisner,
NEW YORK,

COMMISSIOIV MERCIIAIVTS,
Members of the

Cotton, Coffee and Produce Exch's

AGENCY of

THE HAXALL CRENSHAW

CO.,

RICHMOND, VA.
Standard Brands of Flour for Shipment to
Climates always on hand.

Warm

ORIENT GUANO MANUFACT'G

CO.,

ORIENT,
Standard

L,. I.

Superphosphates.

OF VIRGINIA.
High Grade Pyrites free from Arsenic.

Brinckerhoff, Turner

&

%m^x

— CHARLES

F. WOERISHOFFER and
THE DENVER & RIO GRANDE RAILWAY COMPANY and others. No. 1,573.— Notice is

equity.

others vs.

hereby given that uncler and pursuant to a decree
entered in the above entitled cause by the Circuit
Court of the United States for the District of Colorado, on the fifth day of May, 18S6, and in execution
of the power of sale contained In a certain deed of
trust dated the first day of January, 1880, and of two
certain deeds of further assurance, respectively
dated November 22d, 1880, and September 2flth, 1883',
all executed by the said The Denver & Rio Grande
Railway Company, to us as Trustees, default having
occurred In the payment of the principal and interest of the bonds secured by said deed of Trust, we
will, on the twelfth day of July, 1886, at Denver,
Colorado, at the front door of the ofllce of the shops
at Burnham of the Denver & Rio Grande Railway
Company, in the City of Denver, in the State of Colorado, at twelve o'clock noon, sell at public auction
to the highest bidder, and as directed in said decree,
all and singular the railway property and premises,
rights, franchises and interests, lands and appurtenances of the Denver & Rio Grande Railway Company, conveyed or intended so to be, by said deed of
trust, and by said two certain deeds of further assurance respectively, and all the right, title and
interest, claim and demand whatsoever, benefit of
equity of redemption and statutory right to redeem
of said railway company, of, in, and to the same,
said premises and property being described as foL
lows
All the right, title and Intere.st of the said The
Denver & Rio Grande Railway Company, in and to
the said franchises of the said company, its entire
line of railroad then or thereafter constructed and
in fact extending from the City of Denver southward via Acequia, Sedalia, Castle Rock. Douglas,
and Colorado Springs to S-^uth Pueblo on tlie Arkansas River, thence still southerly, via Cucharato
El Moro and the El Moro collieries ; also f rum Cuchara westward, via Placer and Garland, to Alamosa, on the Rio Grande Del Nurte. thence southward, via Antonito, in Colorad<». and ('hamita, in the
Territory of New Mexico, to Espanola, in said lastmentioned Territory, and from Ant(tnito, westward,
via Chama, in New Mexico, to Durango, in Colorado,
and thence northward to Silverton, in San Juan
County, Colorado, with branches as follows: From
near Se 1alia aforesaid to the Cannon Coal Mines on
Plum Creek, from Castle Rock and Douglas, aforesaid, to the stone quarries; from Colorado Springs
to Manitou, from the depot, at South Pueblo, to Bessemer, with side traclts at Bessemer ; from El Moro
to the coking works and coal mines of the Colorado
Coal & Iron Company; from Placer to the Placer
Iron Mine; from Alamosa westward, via Del Norte
to Wagon-Wheel Gap, and from Durango to the San
Juan Smelting Works, and from Silverton to the
Silverton smelter; and also from South Pueblo, westward and northward, up the valley of the Arkansas
River via Labran, Canon City. Grape Creek Junction, Salida. Hecla and Malta to Leadville, thence to
Frisco and Dillon, with branches ; from a point at or
near I^abran, ni> Coal. <_)ak and Chandler Creeks to
the coal mines, from <Jrape Creek Junction to West
Cliff in the Wet Mountain Valley, from Hecla to
Calumet, and from Malta via Red Clitf to Rock
Creek, and from l.eadville to various mines and
Bmelling works, incluiliug the Leadville Iron-Silver
Mine, 104 miles; also from Salida via Poncha,
Mears. (lunnistm, Sapinero and Montrose, to a point
on the western boundary line of the State of Colo'udo, where c(mnection is made with the Denver *fe
Rio Grande Western Railway, with branches from
Poncha to Maysville. and thence to Monarch, from
Mears to Hot Springs, from Gunnison to Crested
Butte and the anthracite coal mines, with a spur up
Taylor River; and in addition about four hundred
and twenty miles of railway heretofore projected,
surveyed, located and partly constructed or partly
located from and to the points and on or along the
routes as follows: From a point at or near Acequia
aforesaid up the valley of the South Platte River
into the South Park, and thence to a connect ior)
with the line from Canon City to I.,eadvi]le thnmgh
the Ute Pass from Manitou toward the Plaite Biver
near Florissant; from Frisco aforesaid to Breckenridge: from Dillon aforesaid down the valley of
the Blue River to its junction with the Grand River
and into Gore's ('anon, with a branch up the valley
of Muddy River to Muddy Pass up the Snake River
from Its mouth toward Montezuma; from Rock Creek
aforesaid to Detlance City from po nts on the line
between Mears and Hot Springs aforesaid to Bonanza and Saguache, and thence to a connection with
its said line from ('uchara westward at a point on
said line between Garland and Del Norte from Sap;

Co.,

;

Manafaotnrers and Dealert lo

COTTON S AILDUCK
And all

inero aforesaid to Lake City; from "Silverton to
Eureka drora Montro.se aforesaid to Ouray; from
Wagon-Wheel Gap aforesaid to Antelope Springs;
from Silverton afr)resaid to the Red Mountain mines,
from Chamita aforesaid up the valley of the Chama
River to Chama aforesaid and from Espanola aforesaid to Albuquerque in New Mexico.
Together with its railway and ail its right, title and
interest of, in, and to the telegraph line on and along
the same as such railway and telegniph line has been
constructed and cfimpleted, or been located and partially constructed and built together, also, with all
the rolling stock and equipment of whatever nature
and bind owned or acquired and also all the lands,
tenements and hereditaments acquired or appropriated, for the purpose of a right of way for said
railway and telegraph lines, and all the easements
and appurtenances thereunto belonging or in any
wise appertaining, and all the railways, side tracks,
switches and spurs, ways and rights of way, and
rights of way and trackage over other lines than the
line of said company, depot grounds, tracks, bridges,
viaducts, culverts, fences, and other structures,
depots, water stations, station-houses, engine-houses,
car-houses.wc odlumses. warehouses, machine-shops,
workshops, superstructures, erections and fixtures,
all locomotives, tenders, cars and other rolling stock
or equipments, and all rails, ties, chairs and machinery. tooIs.Mmplements, fuel and material whatsoever,
which the said railway companv acquired, for or in
respect of the locating, constructing, operating, renewing, rep acing.repairing and maintaining said railway and telegraph lines, or any part therettf, or convenient or necessary for use for the purposes of
such railway and telegraph lines, or In connection
therewith, and with the business of said railway and
olegrapb lines; together, also, with all bettormentf*,
;

kinds of

COTTON

CANVAS, FELTING DUCK, CA*
COVERING, BAGGING, RAVENS DDCK, SAIL
TWINES, *C., "ONTARIO" 8EAMLB88
BAGS, "AWNING 8THIPK8.

,

;

Also, Agents

CINITED STATES BUNTING CO.
A (nil lapply, all Widths and Colors, always
No. 109 Daaue Street.

Bliss,

Fabyan &

In stooi

Co.,

New

York, Boston, Philadelphia,
SELLING AGENTS FOR LEADING BBANDg

BROISTN

BLEACHED |8HIRTIN<
AND SHEETINOS,

&.

PRINTS, DENIMS, TICKS, DDCKB,

S

*0.

Towela,aallt«,WtalteGoods&IIoaler]p
DrUU, ShteHngs,

<te.,

for Export Trad*.

'g.otut.

additions, improvements, repairs, renewals and replacements made, to, on or upon said ra Iway and

lines, or any part or portion thereof, all
^^SALE OF TnE PROPERTY OF THE DENVER telegraph
corporate franchises of the said railway company, of
& RIO GRANDE RAILWAY COMPANY.-In any nature relating thereto,
including the rights,

;

SULPHUR MINES COMPANY

[Vol, XLII,

powers and franchises granted to and conferred
upon the said railway company, its successors and
under and by virtue of the acts of Congress

assigns,

in the said bill recited, and also the franchise to
survey, locate, construct, maintain, use. and operate said railway and telegraph lines on or along the
route or routes mentioned in said certificate oi incorporation, including the rlgnt to enter the public
lands, appropriate and use the same, as In said acta
of Congress provided, which the said railway company had. possessed, exercised, or enjoyed, together
with all and singular the endowments, income and
advantages, tenements, hereditaments and appurtenances to the above-mentioned railway and telegraph lines belonging or in anywise ap[teitaining;
and the reversion or reversions, remainder and remainders, tolls, incomes, rents, issues and profits
thereof, and all the estate, riuht, title, intrrest, property, possession, claim jind demand whatsoc er, as
well at law as in equity, present or future of the said
railway company, of. in, and to the same and every
part of the same and every parcel thereof, with the
appurtenances, all books. maj>s, papers, vouchers,
documents, receipts, outstanding claims and duea
relating to said railway or the business thereof, and
together with all other lines constructed and built
by the said defendant railroad corporation, and all
the rights and franchises belonging or in anywise
appertaining thereto; subject, nevertneless, as to so
much of said railway and telegraph lines first abovedescribed, and the equipments, franchises, and other
property appertaining tuereto, as is embraced within
a certain deed of trust, bearing date the thirteenth
day of April, eighteen hundred and seventy one. and
made and executed by said railroad company under
its corporate sea' and the signatures ot its I'lesident and Secretary respectively, and delivered to
John Edgar Thomson, of the city of Philadelphia
and State of Pennsylvania, and Samuel M. Felton of
Philadelphia, in the State of Pennsylvania, and
Louis H. Meyer of the city and State '-f New Vork,
as Trustees to the Hen by said trust deed created
subject, also, as to so much of the said railway and
telegraph lines first above described, and the equipments, franchises and other property api»ortaining
thereto, as is embraced by a cei-tain deed of further
assurance thereto, dated the thirtieth day of N^ember. 1878, and made and executed by said railway
company under its coporate seal and the signature
of its President and Secretary, respectively, and
delivered to said Louis H. Meyer, as sole surviving
and remaining Trustee, to the lien by said deed of
further assurance created.
Reference is hereby made to the inventory of the
Receiver for a more full and detailed description of
the mortgaged premises, which description also includes all additions to the nortgaeed property and
premises, madeod- to be made by the Receiver, and
also all railroad supplies which the Receiver may
have on hand at the time of sale, or may acquire
thereafter before delivery of imssession.
The foregoing premises will be sold as an entirety upon the following terras and conditions
1st, The purchaser or purchasers will take the
property subject t«^ the amount of the prior lien and
incumbrance under the prior mortgage af Ajjril lath,
1871, and the deed of further assurance oi November 30th, 1878, executed by the said railway company,
and under which Louis H. Meyer is now the sole surviving and remaining Trustee, and to all the rights,
interests and liens which it may hereafter be determined that the said Louis II. Meyer, as surviving
Trustee, or his successor, or cestuis que trustent
shall be untitled to under and by virtue of any claim,
matter, or thing sot forth in the petition of said
Louis J L Meyer filed in said court on the 7t h day of
April, i886; and subject, also, to all exocutury contracts made by the Receiver under tJie authority of
court, and subject, also, to the debts and liabilities
of the Receiver, and said debts and liabilities will
remain a lien upon the premises till discharged.
2d. No bid will be accepted from any bi(iderwho
shall not pay in cash the sum t.f fifty thousand dollars {$50,000), and if the sale he confirmed by the
court, the balance of the purchase money must be
paid within thirty (30) days thereafter, but the purchaser shall have the right to anticipate the day «f
:

payment. The mortgage bonds and overdue coupons
of the Denver & Rio Grande Railway Company,
issued under and secured hy the murtgage or deed of
trust of January 1, 1880, and known as tiie '"consolidated" mortgage, will be received in payment of the
balance of the purchase money bid at such sale as
equivalent to so much in cash of the said purchase
money as will be distributable and payable thereon.
9ii. The Receiver will remain in possession of the
mortgaged premises with all powers here' of ore or
hereafter cuuferred, until the ci>nveyance thereof,
and will keep a correct account of the earning and
income of the premises accruing mter the oay of
sale, and if the sale shall be confiimed, the purchaser, on delivery of possession by the Receiver,
will be entitled to receive the net income and earnings accruing subsequent to the day of sale, and the
proceeds of such income and earnings subject to
such payments as may have been made by the Re'"
ceiver pursuant to orders of court now oi force
fo
or
hereafter made.
4th. Upon conflrmati(m of the report of sale, and
upon due compliance with the terms of sale by the
purchaser, the undersigned, as special Commissioners and as Trustees under the said deed of trust and
deeds of furt,her assurance and the Denver & Rio
Grande Railway Comjjany will execute and deliver a
deed of conveyance to the purchiiser, and the purchaser.Jor his successor or successors in interest, will
thereupon be let into possessicm of the property and
will, also, at the same time, be entitled to receive all
bitoks, maps, papers, records and documents of the
Denver & Rio Grande Railway Companv, and of the
Receiver relating and appertaining to the franchises
and property Included In the decree of sale abovedescribed.
5ih. If the sale shall not bo conflnned by the
court, the amount of purchnso money paid by the
purchaser w^ill be refunded without deduction unless
the non-confirmaliim thereof shall be due to the
fault of the purchaser, in which event puch terms
will bo imposed as the court shall think just and
proper.
bth. The said sale may be adjourned by announcement made at the lime and place before-mentioned,
and, if so adjourned, such sale may be had at the
time and place to which the same shall be so
adjourned without furtncr notice thereof.
l^'or more specific statement of the rlghtsand property to be sold as aforesaid, and the terms and conditions of sale, reference is hereby made to the
decree in this behalf entered as hereinbefore stated.
;

Dated May 25th.

1880.

LOUIS

JOHN

n. MKVICR. and
A.

STEWART,

Special Commissioners an<i 'Vrustees.
L. S. Dixon, Solicitor fur Complainants.
WILLIAM A. W. Stbwabt, SoUcitor for Trustee*.

;

Jimi

THE CHRONICLE

6, 1886.J

%usux«nct.

Is

IttBttratwe.

®ottou.

EQIJHAP,LK

OFFIOK OF THE

BROADWAY, NEW YORK.

120

HKNBY

ATLANTIC

B.

iia.mi.-ianH
IV.

Mutual Insurance Co.,

Nkw Ahsihaxck
Jannaiy

1886.

The Trustees, In conformity to the Charter of
the Coinpftny, siibuilt the follo^ring Statement
of Its afl'airs ou the 31st December, 1885:
Preniliimson Marine Risks from
let January, 1885, to Slst
Decemher, 1885
$3,856,618 66
Fremiumson Policies not marked
1,339,525 10
ofl 1st January, 1885

Premlnms

InlBSB

»0«.oii,.178 no

$5,196,113 76

?"f';'.J"!
"iilil |iollcy-Uiililurii since

ixcuME

from Ist
January, 1885, to Slst December, 1885
$3,770,094 30
off

807.838,»4«

'"ll''y-ll()ldor» In 1886

"'

In 1888

IK)

7,18«.B(j|) 1)5

(OROANIZKD IN

1860.)

& 263 Broadway, New
BROBNAN,

York.

President.

a P. raALXiaH, Seo'y. A. WnaiLwiuaHT, A«»t 8ea
AU

BAliCOCK&CO.

B. F.
COMMiaSION MER(;iIANTa,
IT IVater Street, LIVEHPOOL,

—

ReoelT.
oelT. 0OD.I(nni.nU
coDalgniii.nU of Cotton ud
ui<1 other Prodeee.
eiecnts order, at the Kiohanse.
eiecnte
Kioluuuie. In J,tTOTiiooC
1,1
Represented In New York etthe offloe of

nd

8AMX

Oio. H. BuaroaD, Aotnary.
the proflts belong to the PoUCT-hold«» ezolu-

the same

AU Policies Issued by
$1,915,020 67

Returns of Premlnms and Expenses

$776,712 42

The Company has the following Assets,
United States and State of Kew
York Stock,

City,

viz.:

Cash

In

Bank and

1,508,143 53
228,897 88

Bank

Amonnt

38 HIIIC

SIX PER CENT INTEREST on the outstand-

THE OUTSTANDING CERTIFICATES of
the Issue of 1881 will bo redeemed and paid to
the holders thereof, or their legal representaUvea, on and after Tuesday, the 2d of February
which date all laterest thereon will
The oertiflcates to be produced at the
payment and canceled.

next, from

time of

A DIVIDEND OF FORTY PER CENT

WAI.DR01V

By order of

May

MANHATTAN
LIFE IWSIJRAIVCE COMPAl^Y,
& 158 BROADWAY. NEW YORK.
HENRY STOKES, President.
From Philadelphia Inquirer, Jan. 30, 1884.
The new plan oi the Manhattan Ijife Inaitrance
Company continues to meet the popular favor. It
156

combines the protective feature or life insurance
with the investment feature of the endowment
policy, while it avoids the expense attending the
latter bythe ordinary method. An Improvement has
also been added to this new form of P'licy within
the year, which pives the assured the oplitjn at the
end of the period uf taking the endowment in cash

or of continuing the insurance for a much larger
amount without an# further payment of premium,
independent of the condition of bealth at the time.

ESTABLISHED IN

1850.

Littell's Living Age.
1886 THE LIVING
^pNAUB
upon
met
enters
third year, having

S. Jones,

Adolph Lemoyne,

W. H. H. Moore,
James Low,
A. A. Raven,

Wm.

Sturgls,

Benjamin H. Field,
Jociah O.

Robert B. MlntHm,
Charles H. Marshall,
Frederick H. Cossltt,
William Bryoe,

John Elliott,
James G. De Forest,

Low,

Charles D. Leverich,
Thomas B Coddlngton, John L. Rlker,
William Degroot,
N. Denton Smith,
Horace Gray,
George Bliss,
VUliam E. Dodge.
Henry E. Hawley,
Vllllam H. Maoy,
William D. Morgan,
0. A. Hand,
Isaao Bell,
John D. Hewlett,
Edward FloydJones,

Wmiam

H. Webb,

Charles P. Bordett,

Edmund W.

Anson W. Hard,

Thomas Maltland.

W. H. H. MOORE, 2d
A. A.

BATKN, 8d

Vlce-Pres't.

Yloe-Presldeiit.

forty-

oess.

A WBEKI.V MAGAZINE,
It gives fifty -two numbem of
sixty-four pages each, or more

than

THREE AND A QUARTER
THOUSAND

double-column octavo pagea of
reading matter yearly. It presents in ail Inexpensive form,

^considering its great amount of
matter, with freshness, owing to Its weekly Issae,
and with a completeness nowhei-e else attempted.
The best Kssays, Reviews. Criticlamt. Serial and
Short Stories. Sketches of Travel and Discovery, Poetry, scientific. Biographical,
Historical and Political Information,
from the entire body of Foreign
Periodical Literature.
Itis therefore invaluable to every American reader,
as the only satisfactorily fresh and COMPLKTB
compilation ©f an Indispensable current literature—
i/ndwpe'nxable because it embraces the pruductiouaef

the

ABLEST LIYIaNG WRITERS
in all

branches of Literature, Science. Politics and
Art.

weekly at |8 a year, free of postage
Thk Living Agk and any one of the
American H Monthlies (or Harper's Weetdu or Bazar)
will be sent for a year, post paid or. for |» 60, Tbm
Liviiva AOE and the St. Nicholas. Address.
LIXTELIi 4c COe« Boston.
Published

or, for

?10 50,

Mtnmships.
^isctUnxttons.

ONLY
Direct Line to France.

From

Pier (new) 42, North Klver. footof Morton 8t
Travelers br this line avoid both transit by English
railway and the discomforts of orOBslnK the Channel
in a small boat.
Sat., June &. 8 A, M.
LA CHAMPAGNE. Trauh
LA NOH.\;aNI>1K, Kersabiec.Sat., June 12. 3 P.m.
Sat.. Juno It».4 P. M,
ST. LAUUKNT, DfirrtlKniiC
LAUUADOlt. P. d Uauterlve.8at..June2ti, 1:80 P.M.
LA BOUKQOGNE, KrangeHl.... Sat. July 3.7A.M.
La Champagne (new). Saturday, Jalylu; La Normandie. Saturday, July 17: La BoorKOKoe (new),

BAGGING.
WARREN, JONES A CRATZ
ST.

LOUIS, Mo.

Uonufeotnrer.* ARontA for the sale of Jnte

Bamtnt

IMPORTERS or

COTTON TIES.;
SECURE BANK VAULTS.
IRO.\

August 7.
Price of Passaok (including wine):— To Havre—
First cabin, $100 and tHO; second cabin. |B0: steerage, $22— including wine, bedding and utensils. Keturn tickets at very reduced rates. Checks on Banque
TransatlaDtlque. Havre and Parisjn amounts to suit.

Special Train fyom

Harre

to Paris.

The Compagnte Generale Transattantlque delivers
at Its ofBce In New York spedal train tickets from
Havre to Paris. BagRage checked through to Parli
without examination at Havre, provided passengen
have the same dellrered at the Company's dock In
New York, Pier 42 North River, foot of Morton St m
at leaxt two hoars before the departure of a steamer.

liOVIS

DB BEBIAN,

Asent,

No. 3 Bo^llnff (;reen.

Corlles,

JOHN D. JONES, President.
CHARLES DENNIS, Vloe-Presldent.

Its

with contlnnons commendation and sue-

;

GENERAL TRANSATLANTIC CO.
NEW YORK and HAVRE.

J.

PEARIi STREET.

Mvihlic^tions.

Between

Charles Dennis,

TAIXT^R.

SPECIAL ATTENTION TO COTTO.V FUTURKS

others, the Insurance remaining in full force
during the grace,
Absolute security, combined with the largest liberality, assures the popularity and success of this company.
GOOD AGENTS, desiring to represent the Company, are Invited to addresb J. 8. GAFFNEY, Superntendent of Agencies, at Home Office.

next.

TRirSTEES:

Sc

years.

the Board,

H. GHAPiaAN, Secretary.

J.

HAVRB.

COTTON MERCHANTS,

(XI ail

Is

ROITRMR.

I.A

Orderg in " Fntnre»" execnted at N. Y. Cotto n Bicb.

tine.

declared on the net earned premiums of the
Company, for the year ending 31st December,
1885, for which certificates will be issued on

and after Tuesday, the 4th of

OR

FELLOWES, JOHNSON & TILESTON,
COTTON, STOCKS, BO.NDS, Ac,
86 WILLIAM STttEET, NEW TOUK.

All Death Claims paid WITHOUT DISCOUNT as soon
as satisfactory proofs have been received.
This Company issues all forma of Insurance, Including Tontine and Limited (Non-Forfeltlng) Ton-

$12,740,326 46

ing certificates of profits will be paid to the
holders thereof, or their legal representatives,
on and after Tuesday, the 2d of February next.

cease.

CoBiwny are nrDigPtrr-

Hoffmann,

F.

No. 9T
this

D.

COTTON BROKER AND AOENT

One month's grace allowed in the payment of
Premiums on Tontine Policies, and ten days' grace

otherStocks
$9,034,683 00
Loans secured by Stocks and
otherwise
1,438,600 00
Real Estate and Claims due the
Conip.iny, estimated at
530,000 00
Premium Notes and Bills RecelTable

ABLB after three

^^

BABCOCK
M Neweu Btreet, Wew Torfc.

rtvely.

Losses paid during
period

I

States Life

Insurance Co.
THE CITY OF NEIT YORK.

261, 262

ri.|gn<ir(l<>mii.tlsmsrkM*.

(-orrnMiM)ri(l

Orgsniutlon 88,211,175 B8

The United
IN

ndrancM mMln on Colton mnilgnmMiU.
iflvnri to thii Mix ntantlmtntf

8p«ol»l»tt«inlliin
r rKorliiiriu.-

le.BsoIixia la

T. H.

Premiums marked

T. standard IH per rent
1^1 7, I0&,340,>0.)

Surplus ovrr LUihuUk; on mtrvtlantliiril nf radiolt<m lai-orr than lluit of any otiur Uft Auuriitue l Company.

(MTSTANlllXd ASSIIHANCK
'23,

&

Co.,
OommMon Heroluuita

ROBPObK. VA.
LilMral

6i!.flOI,u«87

..

Rcid

Cotton Broken A

Prealdent.

I.IAUILITIB8,4perc«nt Vslnation

Intoreot,

Total Marine

HYDE,

aiiKi'LUS

(SurpluH on

NEW YORK,

Price,

LIFE ANSHKANC'E HOCIBTT,

Chronicle Numbers
067» O7O9 97r, 076, 981, and
1884, Sapplement*

Jane

Ten C«Dta for each of the abOT«||p«ld at ih9 Ofleo

WELDED CHROME STEEL AND IRON
In

Round and

Flat Bars,

fOR

and S plj Platea and Anfle*

SAFES, VAULTS, *a

Cannot be Sawed, Cut or

Drilled,

and prsoUcallj

Burglar- Proof.

CHROME
Circuiiira Free.

STEEL, WORKS,
BROOKLYN, N. T.

JOSEPH cTlLOTW
STEEL PENS
RIS E3CP0aiTION-IB7a.
BOtOlgOM:
»
*^—^™ PA.1.1
^—
-

I

t

,

THE CHRONICLR
Cotton.

&

Woodward

[June

^isctlXnutoxcs.

®0ttlXtl.

INMAN,SWANN&Co

TOBK.

LOANS MADE ON ACCEPTABLE 8ECUR1TIKS.

COTTON MERCHANTS,

T. Hatch & Sons,
BANKERS,
NASSAU STREET, NEW YORK.

14
RnANrn OFFICES
Ofpirt-a S 132 Church Street, N. Y.,
BRANCH
j g„g Chapel St., Ncw HuTen

—

New

WANTS

COTTON, AliL GRADES, SUITABLE TO

York.

OF SPINNERS
Offered on Terms to

Farrar

Sdit.

&

Co.,

COTTON EXCHANGE BVII.DING,

NEW YORK, NEW ORLEANS,

KCRE, FARRAR &

New York

COTTON COMPANY OF STUTTGART.

Co.,

COTTON
COFFEE
NEW YORK COFFEE EXCHANGE,

YORK, LIVERPOOL AND NEW ORLEANS COTTON EXCHANGES. Also orders for

1

NEW YORK PRODUCE EXCHANGE
TRADE.
the

CHICAGO BOARD OF
Correspondents

COTTON, ORAIN,
PROVISIONS, COFFEE.

and

ORDERS EXECUTED

COITOIISSION

MERCHANTS,

EXCHANGE PLACE,
MEMBERS OF THE COTTON, OOIFEE AND
PRODUCE EXCHANQEH.
No. 40

Up-town Office, No. 204 Church Street,
New Ifork.

John

L.

Henry

Bullard.

Bullard

&

&

Co.,

CONTRACTS OF COTTON.

Schroeder

OF HARTFORD.

.

Hanemann&

Mohr,

Co.,

186 Gravler

Cotton Exoli. Building,

New

York.

Street,

Orleans, La.

Assets Jan.

No.

St

ORDERS FOE FUTURE CONTRACTS.

&

Bloss,

Co., COMMISSION MERCHANTS

New York and

Walter & Fatman,
COTTON RROKERS,

James F. Wenman

& Co.

PEAPI. STREET,

BsUbllshed

(In

N. \.

Tontine BuUdlns) 1840.

Geo. Copeland

&

Co.,

&

ALEXANDER,

Yorlr

Affent.

ST.,

NEW YORK.

British

Mercantile

Co.

Ins.

OF

LONDON AND EDINBUROH.
U. S.

Branch Statement Jan.

Invested and Cash Fire Assets

visions in

New

Liverpool;

^so

for Grain

141

and Pro

Reserve for Unearned Premiums.
Reserve for Unpaid Losses
Other LlabUltles

Net 8nrplua

YORK

.

.

.

1,

1886.

|3,4«1,870

W

tl.}?n'2s?
's2'?Xn

S
w

$3,421 ,870

W

„,,^JS',lS
•^,015,583 Ig
,

Tori.

PEARL

ST.,

&

Co.,

NEW YORK.

COTTOIV.
on commiasiou.

C1.ISBY

&.

CO.,

years

..S16,3a0,138 OS

T.
S. Bbanch Office, 54 William St., N.
CHAS. E. WHITE, SAM. P. BLAODEN,

Managers.

DUDLEY, Deputy

Manager.

Commercial Union
Assurance

COTTON BUYERS,
PCmOEASI ONI.T ON OBOIBg FOB A COMUISSION

8. In 19

U.

JAS. F.

Advances made on Consignmenta of Cotton. Contracts tor Future Delivery of Cotton bought and sold

JOHN H

Losses paid In U.

Co.,

limited,

of london.

nONTGOniERY, ALA.

COTTON BROKERS,

lS42PEARli STREET, TUViW

PEARL

Henry M. Taber
.

COTTON BROKERS,
No. 113

No. 123

Orderaj for future delivery of CottonTeieouted In

YORK.

BEATER STREET, NEW YOKE

New

St.,

LIABILITIES.:

Cotton Exchang'e Building,

58

$9,260,096^5

1886

North

Successors to

NEAir

1,

Cortlandt

SPKOIAL ATTBNTIOII GiVBK TO THE EXECUTION

Gwathmey

WaRB & SCHROBDBR.
COTTON COMMISSION MERCHANTS,

2,057,776 24
3,202,320 41

and
Netsurplus

and aaleof

&

$4,000,000 00

for unpaid losses
re-tnsuranoe fund

Liabilities

JAS. A.

Future Contracts
In New York and Liverpool.

Company

Insurance
Capital

or

G.

iETNA

TIES,

Advances made on Cotton Consignments and Special
Attention given to purchase and sale of FUTURE

New

New York

Special attention given to the purchase

CROITEIiI., President.
WM. B. CROWELL, Vice-President.
PIIILANDBR SHAW, Secretary.
WM. CHARTERS, A8.sistant Secretary.
FRANCIS P. BURKE, Secy Local Dep'U

ALSO

Cotton Commissiou Merchants,

Cotton Bxcbange BuIIdlne,

(4,842,430 28,

STEPHEN

COTTON COMMISSION MERCHANTS
NEW YORK.

:

Newgass & Co.

;

H. Wheeler.

BAGGING AND IRON

2,390,985 97
287,827 87
640,991 18

Reserve for unearned premiums
Reserve for unpaid losses
Netsurplus

Wheeler,

(FOR BALINQ COTTON).

Orders executed at the Cotton Exchanges in New
York and Liverpool, and advances made on Cotton
and other produce consigned to ua, or to our correspondents in Liverpool Messrs. L. Rosenheim &
eons and A. Stern & Co.; in London, Messrs. B.

Robert Tannahill

195 Broadway, New York City
Company \at Day of Jan., 1885.
|1,000,000 0«
CASH CAPITAL
Slateinent of

\ORK, CHICAGO, ST. LOUIS,
LIVERPOOL, HATRE AND
NEW ORLEANS.

Co.,
Ala.

LEHMAN BRO'S,
Cotton AND Factors

IN

NEW

Lehman, Durr &
Montgomery,

Phenix Insurance Co.
OF RROOKLYN,
Office,

:

Messrs. Smith, Edwards & Co., Cotton Brokers,
Liverpool.
Jas. Lea McLean, New Orleans.

Lehman, Steun & Co.,
New Orleans, La.

Nenv ITork.

Manliattan Bulldiue,

STREET,

\iriI.I,IA]II

40 and 42 Wall Street,

Co.,

NEW YORK.

and

GRAIN AND PROVISIONS
at the

&

Williams, Black

NEW

the

ITork.

Bethlehem Iron Comp'y

Pald-Up Capital, K. M. 6,000,000.

8 South TVllUam St., New York.
EXECUTE ORDERS FOR FUTURE DELIVERY

at

New

Autborlzed Capital, B. H. 20,000,000.

&

COMMISSION MERCHANTS,
at the

135 Pearl Street,

Orders for Spot Cotton and Futures promptlT
ereonted

City.

Henry Hentz

Co.,

COTTON BROKERS,

Bold for Cash, or carried on Margin, on the various
in

&

Dennis Perkins

AGENT FOB

CO.,

NORFOLK, VA.

Cotton, Coffee, Grain and Petroleum Bought and

Exchanges

Jones,

Liberal advances made an Cotton consignments.
Special attention given to orders for contracts for
future delivery of Cotton.

[COMMISSION MERCHANTS,

YORK.

&

STREET, NEfV ¥ORK.

132 PEARI.

G. E. Staenglen,

•

.

Personal attention given at the BXCHANdBS to
the purchase and sale of STOCKS and BONDS for
cash or on margin.
DEPOSITS KBOBIVED— subject to check at sight
with interest upon balances.
Special attention paid to INVESTMENTS and
accounts 0£ COUNTRY BANKERS.

Attention to Orders for Contracts
roB FtrruRE DELirEBY of Cotton.

SPBCiAii

NEW

P. Hatch.

Arthur Jf Hatch.

W.

Post Building, 16 & 18 Exchange Place,

R. Macready

Henry

Walter T. Hatch,
nalh'l W. T. Hatch.

Stillman,

MERCHANTS,

JiE-W

1886'

5,

Offke,

Ow. Pine

& WUHam Sts., Neu)

York.