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PBEPRESENTING THE INDUSTRIAL AND COMMERCIAL
VOL.
INTERESTS OF THE UNITED STATES
{week is the evidence that merchants have been particu¬
larly active in hoarding gold. Over $5,000,000 gold coin
THE CHRONICLE.
Returns of the Banks of the
Dominion of Canada for Jan.
231)
K'TWft Financial Situation ..
Canada Banka and Circulation 242
WIBlools Central and Its Late
has
.
Policy
^Financial Review for Febru-
rary>1884
243
31, 18S4
Monetary
2l5
Commercial and Miscellaneous
and
m:
bid
2G8
209
been
privilege of calling gold at 101 for the re¬
mainder of the year.
But as it is now known that the
Secretary of the Treasury has no present intention of
changing the existing relations with the Clearing House,
withdrawal
movement
and
Financial Chronicle U published in ture,
and
likely
New York every Saturday morning.
the
bidding for
iC (Ritered at the Post Office, New York, N. Y., as second-class mail matter.]
.
.
ADVANCE:
20
For One Year (including postage)
$10
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£2 7s.
Sixmos.
do
do
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do
These prices include the Investors’ Supplement, issued every
month, and furnished without extra charge to subscribers of
‘Chronicle
a
fc: Subscriptions will be continued until ordered stopped
other
by
tho
written
at the publication office. Tho publishers cannot be responsible
for remittances unless made hy Drafts or Post-Office Money Orders.
**'■
Liverpool Office.
The office of tho Chronicle in Liverpool is at B 15 Exchange Build*rK■'
togs, where subscriptions and advertisements will be taken at the
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JOHN
)WILLIAM B. DANA & Co., Publishers,
79 A 81 William Street, NEW YORK
^
Post Office Box 958.
JS'r£i.NA’ >
THE
FINANCIAL
SITUATION.
change has occurred in the business outlook
[Jr?since our last issue. Uncertainty, if not distrust, seems for
m the time
being to be widely prevalent. This was of course
No essential
feAggravated by the suggestion of last week to the Clearing
of the Treasury might be led to
pay his balances in silver dollars or certificates, for that
question brought our people face to face with the evil
C influence they have so long been quietly fearing.
Hence
5 the currency problem suddenly became the absorbing
House that the Secretary
p topic, the public being
8* prospect of losing what
rudely awakened to the possible
it spent so much of misery to
|lattain during the years previous to 1879.
Still, like all popular movements quickened by a fear,
Pl: this one has been ha3ty. As we' said last week, we can
£ to ^ of 1 per cent has
for the
this
LI^Thb Commercial
.
since
259
TIMES.
tERMS OF SUBSCRIPTION—PAYABLE IN
from the Sub-Treasury
alarm at the fact that from
Chronicle.
tev
withdrawn
254
250
News
202 I Breadstuff*
203 I Dry Goods
Cotton
been
253
248
English News
TIIE COMMERCIAL
Commercial Epitome
thus
February 21st, and only a small portion of it for ship¬
ment, the remainder being now held in the vaults of the
banks against checks, which have been drawn in favor of
customers, made payable in gold and certified. This has
been done at the instance of merchants who have taken
247
Cemmercial
THE BANKERS’ GAZETTE.
Railroad Earnings and Bank
% Money Market, Foreign ExReturns
‘Kv chtoge, U.8. Securities, State
General Quotations of Stocks
0. • and Railroad Ronds and
and Bonds
|£a* Stocks
251
Investments, and state. City
Range in Prices at the N. Y.
and Corporation. Finances...
Stock Exchange
252 i
order,
NO. 975.
SATURDAY, MARCH 1, 1884.
38
CONTENTS.
*
MAGAZINE,
evidently
is
prema¬
So far as
the privilege of calling gold at
premium is concerned, it may be dismissed as purely
sensational, intended for effect upon the stock market
and to keep alive an unsettled feeling in the community.
Although several bids have been reported, we hear of but
one actual transaction, and that was the payment of £ of 1
per cent to call $1,000,000 gold at 101 for the remainder
soon
to
cease.
a
of the year.
market continues
strong, and the feature on Thursday was an ad¬
vance
in the long rate, caused1 by a demand for this
class
of bills by bankers who
have hitherto con¬
fined their
purchases to
short bills and cable
Another
reason
was
the easier feeling
transfers.
in the London discount market, the rate for money falling
to
per cent. While this distributes the demand between
the two classes of exchange, the inquiry is sufficiently
urgent to keep the sight rate close to the gold-exporting
point, although at current figures there is, as we stated
last week, a very small margin of profit in making ship¬
ments.
If the demand should be so large for to-day’s
steamers as to exhaust the supply of bills, it is probable
that considerable shipments will be made by bankers who
have not heretofore been disposed to assume the risk and
trouble.
At this writing we can verify only $1,100,000
gold as having gone on board the Adriatic, $500,000 for
Von Hoffman, $100,000 for J. Kennedy Tod & Co.,
and $500,000 for Kidder, Peabody & Co.
The sup¬
ply of bills this week has been fair, and from a
In
the
meantime
the
exchange
-
p: repeat authoritatively this week, there is no reason for
anticipating that the Government will take this suggested variety of sources, and some bankers report shipments
[Step now, or until it is compelled to do so. Anyone, of securities in moderate amounts. The new Pennsylvania
^ however, acquainted with currency laws knows that the railroad loan for $3,000,000, which was promptly taken
invent, if the coinage of silver continues, is as sure to between New York and London capitalists, will probably
p happen as the sun is to revolve, and the action this week furnish some exchange and other drafts may be made
prOnly suggests how suddenly and in what shape it will against foreign funds invested in Western lands, com¬
large amounts now going into those enterprises.
f|i?ome when the forces now in operation have worked out paratively
But the united offerings from all such sources and from
g their legitimate
PUShT"
•
result. For instance, the feature this
THE
240
exports of staples cannot be expected to
a temporary impression upon the market,
diminish
CHRONICLE.
make more than
and to slightly
gold shipments.
facts, is not this a favorable oppor¬
tunity to make an appeal to Congress for the suspension
of silver dollar coinage ? Can not our mercantile organi¬
zations at all our monetary centres be led to act in the
matter ?
The emergency is urgent; and if our Chamber
of Commerce would take the initiative, good might result.
It seems not improbable that, as gold begins to go out
In view of all these
freely, the claims of business interests will be heeded.
There is a further circumstance to encourage those
who may contemplate such a movement, and that is, not
for many a year have our legislators in Washington shown
so little fanaticism and given so decided evidence of
con¬
servatism as at present.
This impression may all be
changed by future legislation, but up to this time it
remains true.
We have conspicuous evidence of the fact
this week, not only by the passage of the McPherson
banking bill in the Senate, by the remarkable vote of 43
yeas to 12 nays, but also by its report to the House
through the Committee on Banking and Currency, by a
vote of 8 in favor to 4 against such a report.
We give the bill in full in another column, as it deserves
a record, whether it ever becomes
a law or not, as illus¬
trative of the changed spirit which has come over
Congress on financial questions, or at least in matters
affecting banks. Evidently one truth ha3 taken root at
Washington now, and that is that it is not popular to attack
or harm our present banking system without proposing
more
•
abetter.
We do not
mean
that the McPherson
measure
accepted by ail parties interested as the best pro.
posed, or that it Can in any event be more than a temporary
relief.
We hope the House will add to it the tax remis
sion clause which the Potter bill proposes.
If so amended
and adopted, a large body of the smaller banks are likely
will b$
to increase their
circulation,
‘
1
so
that for
a year
at least forced
will be avoided. The call at
the Secretary of the Treasury
of 10 millions more of the 3 per cent bonds suggests the
urgency of the need for speedy action.
We have heard
-some criticism of Mr. Folger for making this call.
No
criticism, it seems to us, could be more unjust. Pie has
delayed action until his surplus has forced it. In fact his
management in this particular has been so considerate that
he has carried a largely increased balance all the year
The only remedy lies in Congress, first to pass without
delay some one of the measures now proposed for making
bank currency contraction
the close of last week by
it
evident
fV0L. XXXVIII,
that
clique support was gradually being
This encouraged the bears, and on
withdrawn.
Thursday
they resumed their operations, being aided by reports of
cutting of rates on Colorado business between the lines in
the Western Pooling Association and the Quincy, Atchison
and the St. Louis & San Francisco.
The falling off in the
traffic of many of the lines making reports tended to con¬
firm rumors of a loss of business by all the roads, and the
was
severe
weather in the Northwest
more or
less affected the
stocks of roads in that section.
The withdrawal of
clique support from the market may
of encouraging a fresh short inter¬
est as the basis for another rise.
The manipulators have
doubtless succeeded in marketing upon the shorts a large
proportion of the stocks they bought preparatory to the
commencement of the upward movement a month ago, and
perhaps they are not unwilling to see a decline now, parti¬
cularly as a continuation of the advance would necessitate
large purchases. This change of front may have been
influenced to some extent by the sudden change in the
financial situation discussed above, tending to unsettle
confidence among non-professionals for whose benefit
mainly the market was manipulated, the object being to
encourage investment or speculative purchases. Still,
the
bulls have
made a very successful campaign,
and are in a position to take advantage of any favor¬
able change in the situation to again turn the market
upward. Indeed, they seem to have re-asserted their
power yesterday afternoon, when a pretty general advance
was established, West Shore bonds being conspicuous in
the upward movement, on the announcement that Mr •
have been for the purpose
W. H.
Osborn, formerly of the Illinois
Central, had
gono
into the
management of the road.
We have already referred to the unfavorable statements?
of earnings and income that have come to hand as an influx
this week.
For a long time
ence on the stock market
railroad earnings have kept up remarkably well, but now
they, too, are beginning to feel the effects of continued
bad business.
The New York Central return, as we shaft
show below, can hardly be regarded as favorable, while
the January exhibit of the Pennsylvania is markedly un¬
favorable, and that of the Reading records no improve
ment on the poor result for December.
Then Western
roads, too, are beginning to lag behind. St. Paul has now
for two weeks recorded
a
decrease, while the Northwest/
nominal increase. East of the Mississippi
the Illinois Central i3 still running from $13,000 to $20,000
a week below 1883, while down in the South
the Louis¬
note issues less burdensome to the banks ana next to cut ville & Nashville also records a continuous falling off.
down the revenues to the lowest possible limit.
Altogether, the situation in this respect has been less
The tendency of the stock market has been irregular and favorable than for a long time past.
New York Central earnings, made public this week, are
generally downward this week. Reading was sharply
advanced on Monday and Pacific Mail and Lackawanna on taken from the first quarterly report to the New York
Tuesday, and this favored the view that manipulation, State Railroad Commissioners. The exhibit covers the
similar to that which has been in progress for the last four period ended December 31, 1883.
It shows a surplus of
about
weeks, was to be further continued. The movement in Read,
$50,000 above all charges of every nature, and
above
the
quarter’s proportion of the 8 per cent dividends
ing could not readily be accounted for upon any other
theory than that it was being advanced for the purpose of being paid. This would be a very satisfactory showing
influencing the other stocks on the list. It was observed? were it not for the fact that it embraces the best quarter
however, that the supply of stock came from Philadelphia, of the company’s year—that is, the period in which earn¬
and in view of the fact that the earnings show a large ings are much larger usually than in other quarters.
decrease an attempted unloading was believed in, and can be Besides, it is clear that at present at least the traffic
readily understood. There is a suspicion that the buying conditions are not as good as they were in the three
in fact, there was a change in this;
here was more apparent than real, and that the large months under review,
reported business in this stock and in Lackawanna was respect even before the period closed, which must have
due to the execution of matched orders, for the purpose of affected the showing somewhat.
Thus we know that in
October
the
both
Pennsylvania and the Erie recorded
conveying the impression that the demand was legitimate.
After the upward movement in Pacific Mail and Lacka¬ large gains in net; in November the Pennsylvania again
wanna on Tuesday the market assumed a neavy tone, and1 had a very large gain, but the Erie had
a small loss; in
has had
only
a
March
1,
21J
CHRONICLE.
THE
1884. J
The
would be.
for this is the same as in January
reason
p^ember the Pennsylvania also had a loss (the Erie
—namely, a partial suspension of coal mining, under
figures for that period not yet having been received). which the Railroad'had a coal tonnage of only 440,402
Further, the Pennsylvania now comes out with a loss of
tons in 1884, against 576,211 tons in the same month in
over $600,000 for January, which emphasizes the dis¬
1883.
Another adverse circumstance was the diminished
tinction between the present quarter and that ended with
tonnage of general merchandise, which in December had
December.
Hence, it is clear that the statement submitted offers no kept pretty close to the preceding year. The loss for the
month was 57,889 tons, while in December it was only
guide as to what may be expected in the remaining nine
months of the fiscal year. Of course, if we had the 11,536 tons. The passenger movement, on the other
hand, was larger than in the previous year (as was also
figures for the same three months of 18S2 we could easily
the case in December), for, deducting the movement over
determine whether the company had gained or lost thus
But, unfortunately, we have the Central New Jersey, the number carried in 1884
far in the new fiscal year.
not even the gross earnings for that period.
In 1879 and reached 997,136, against only 948,282 in the same month
of
1883.
The
effect of the smaller tonnage of
1880, however, monthly gross receipts were published for
coal
and
merchandise, not only on the Reading
a time.
Using these figures to arrive at the gross
but
also
on
its leased
line the
earnings, the items of interest, rentals and dividends can directly,
Central of New Jersey, is seen in net earnings (after allow¬
be got by taking one quarter of the amount paid in the
full twelve months of which the quarters formed a part. ing for the rental of the Central of New Jersey) of only
As to expenses, we attempt only an approximation to the $197,234 in January, 1884, against $664,878 in January,
It does not seem to be generally understood that
18S3.
actual figures. In the fiscal year 1879-80 the ratio of
expenses to earnings was 54 per cent.
We use that for the Reading’s earnings include in the present year
the quarter, October to December, IS79.
In the year those of the Central, and that these latter have to be
1880-1 the ratio was 60£ per cent, but we use 58 per cent deducted to obtain a proper comparison of operations with
for the quarter, since the ratio for the twelve months the previous year, and that after this has bean done the
was raised
by the rate war that prevailed in the loss on the lease must also be allowed for to arrive at the
latter part of the year.
As to taxes, we are somewhat actual net result. The following statement for January
puzzled. What the company usually gives as taxes is and the two months of the company’s fiscal year is cor¬
simply the State tax on earnings and capital, amounting rectly made up.
in the fiscal year 1882-3 to $323,135, the tax on real
Two months.
January.
estate (aggregating nearly a million more) being included
Items.
ordinary operating expenses. But in the statement
just to hand the item of taxes counts for $323,750 in a
single quarter. It hardly seems likely that the company
would bring full taxes on earnings and capital into one
quarter. On investigation, we are inclined to think that
the quarter’s taxes has been made to embrace those on
real estate, the company having taken them out of oper¬
ating expenses to conform with the report of the Commis¬
sioners, who, in drafting their blank schedule, evidently
1884.
1883/
1883-84.
1882-93.
$759,133
$675,343
$1,644,690
$1,513,952
in
intended to embrace all taxes
Hence it will be understood
in the item of that name.
why the amount is
so
much
larger in the present quarter than in the corresponding
periods of 1880 and 1879. With these explanations we
present the following statement.
i
Oct. 1 to
Dec. Oct. 1 to Dec. Oct. 1 to Dec.
31, 1883.
| 31, 1880.
31, 1879.
$
8.976,142
$
8,546,637
Operating expenses
7,914,128
4,435,799
*5,206,163
14.615,184
Net
3,478,329
3,769,979
3,931,453
826,617
323,750
489,633
1712,397
$53,669
1705,719
1481,628
1,640,000
1,247.694
1.189,198
Remainder
Dividends
1,838,329
1,788,609
2.522,285
11,784,585
11,785,378
Surplus
49,720
737,700
956,877
$
Grogs
earnings
Charges
§2,910
J480,569
.
Interest
Taxes
Rentals
.
Total
z
2,742,255
*
On tlio basis of an assumed ratio of 58 per cent, t On the basis of
the ratio of expenses for the full fiscal year, as shown in the report for
that year—54 per cent. J One quarter’s proportion of the charge for
the year. § One quarter’s proportion of tax on earnings and capital
Only—tax on real estate having been included in operating expenses.
surplus of $50,000 in the three
months of 1883 compares (as nearly as can be determined)
with a surplus of almost three-quarters of a million in the
same period of
1880 and of nearly a million dollars in
1879. Gross earnings (which are actual in all the years
given, and about which therefore there can be no doubt)
prove to be $G32,000 smaller than in 1879 and $1,062,000
Thus
we
see
that the
smaller than in 1880.
Philadelphia, dc Reading's January statement has also
it
been received and is unfavorable, as it was expected
Net earnings of tlio RR..
Deduct Central N. J.,.net
448,453
178,158
$580,975
$675,343
*91,6G6
*10,465
$1,196,237
*197,776
$1,513,952
Coal Co....
Total of both comp’s
Loss on Central lease....
$489,309
$664,878
$998,461
$1,508,661
$664,878
$492,590
Leaving
Add result
on
Actual net result
"Loss.
292,075
$197,234
*5,291
505,871
$1,508,661
£
had left to it in the two months of
only $492,590, against $1,508,661
in the same two months of the preceding fiscal year—a
loss of $1,016,071.
Lest, however, too much weight be
given to this unfavorable result during these two months,
we would say that the company’s officials are not at all
alarmed at the showing, but state that they anticipated
such a result for the early months of the year as a result
of the restricted production of coal.
In December the
company had nine idle days, and by agreement with the
other coal roads there was to be a suspension of mining
during 39 days through January, February and March.
So the officials expect poor results for two months more,
but after that, with production resumed in full, think they
can confidently count upon very large profits.
Pennsylvania Railroad's exhibit for January is of the
same kind as that of the Reading.
On the lines east of
Pittsburg there is the large loss of $355,124 in gross, and
of $304,922 in net, while on the lines west of Pittsburg
there is a deficiency of $106,556 in meeting liabilities,
whereas in the previous year there had been a surplus of
$221,810, a difference against 1884 of $328,366. In
other words, on all lines operated—both east and west of
Pittsburg—the company lost no less than $633,288 during
the month, as compared with 1883.
The month this year
afforded only a moderate volume of through traffic, while
local traffic was no doubt unfavorably affected to a large
extent by the existing depression in manufacturing and
other industries, which play so important a part in the
company’s business. To show how the present exhibit
co mpares with that for the corresponding month in previous
Thus the company
the current fiscal year
242
THE
CHRONICLE.
give below the gross and net earnings on the
of Pittsburg (those west are not
furnished)
each year since 1879, adding also the loss or profit on the
Western lines, so as to get at the atcual result of all 0} ora¬
years, we
lines east
tions.
banks have
ivoi. xxxvm.
lost
$3,900,000 through the operations^
Sub-Treasury and by exports of gold. Addin* that
item therefore to the above, we have the
the
which should
indicate the
total loss
to
following
the New York
Clearing House banks of gold and currency for the
1879.
1880.
1881.
$
*
$
Gross earnings....
2,543.424
Operate expenses
1,523,893
3,083,551
1,717,253
January.
1882.
1884.
1883.
1
$
3,189,215
3,373,321
1,932,354
2,299,055
*
3,929,357
2,458,299
Net earnings..
1.019,531
1,300,298
1.200,801
1,074,200
1.471,058
Western lines....-
*101,727
*300,827
*381,207
*42,748
‘221,810
1,181,258
Result
1,087.125
1.588,008
1.117,014
week
1,092,808
Week
Ending Feb. 23. 1884.
Into Banks.
Out
3,574,233
2,408,097
1,100,130
+ 100,556
of Banks -Wei Change (n
Bank
Banks’ Interior Movement, as above
8ub-Treasury operations, net
$1,050,000
3,900,000
Gain. *152Mo
$1,202,000
$4,950,000
IiQg8.f3.748 00ft
..
Total gold and legal tenders.
Boldingt.
$1,202,000
1,059,580
boss.
3,910,000
t Deficit.
Surplus.
or the
week.
This represents £275,000 received
from
had a smaller profit in 18.84 than in
the
interior and £29,000
shipped.
The
Bank of
any of the six years given—smaller even than in 1879.
In none of the years except the present have the Western Prance shows a gain of 2,650,000 francs gold and
a loss of 50,000 franc3
silver, and the Bank of Germany
lines returned a loss.
The net earnings on the lines east
The following
of Pittsburg are somewhat larger than in 1882, when, reports an increase of 6,780,000 marks.
indicates the amount of
bullion
in
the
principal
however, the rate war had reduced them. They are also
European banks this week and at the corresponding
better than in 1879, but only a trifle, though meanwhile date last
year.
gross have increased over a million dollars, and this
Feb. 28, .1884.
Mch. 1, 1883.
brings us to a very important feature in the returns
Gold,
Silver.
Gold.
Silver.
namely, the heavy expenses. As compared with the pre.
A
A
A
A
ceding year, there is, as already stated, a falling off of
Bank of England
22,495 936
23,142,567
$355,124 in gross, but expenses have declined no more Bank of France
39,492,219 40,032,327 39,G90,5S0 43,360,363
than $50,202. This would appear to show that wages and Bank of Germany
7,773,537 23,320,613
7,929,250 23,787,750
other items of expenses are still maintained at a compara¬ Total this week
G9,7G1,742 63,352,9 40 70,762,397 67,143,113
Total previous week
69.325,04l!63.100,69G 70,515,560 67.165.628
tively high figure. If that be so, then there is a likelihood
The Assay Office paid $69,888
that though gross business may continue to fall off, the
through the Sub-Treasury for domestic bullion during the week, and the Assist¬
company will find it possible to offset the loss by a ant Treasurer received the
following from the Custom
contraction in the items of expense.
Certainly, when we House.
Thus the company
-
find that expenses are now
(for
single month) $900,000
a
greater than in 1879, on a gross business augmented
$1,031,000, there would seem to be considerable room for a
reduction.
And this is
a
circumstance which should
not
be lost
sight of in discounting the future unfavorable”,—
either in the case of this company or of others.
The following shows relative pi ices in London and New
York of leading securities at the opening each day.
Consisting of—
Date.
Duties.
Gold.
Feb. 22...
“
23
“
25...
“
26
Feb. 27.
Feb. 28.
Silver Cer¬
tificates.
’
$7,000
884,137 80
7,000
1,126,524 97
134,000
82 000
737,000
228,000
40,000
124.000
95,000
$383,000 1,843,000
$ i-23 «»• 0
“
27
404,141 22
20,000
9.000
“
23
265,257 83
7,000
$3,034,751 01
+ 50,000
Total...
Feb. 20.
Ftb. 25.
Gold
Oertif.
Ilolidnv.
$104,392 2
.,
JJ. 8.
Notes.
$ >4,000 $222,000
93,000
532,000
$140,000
253,000
255,000
85,000
Feb. 29.
■
N.r. Lond'n N. Y. Lond'v xv.r. Lond'n N.T.
prices.* prices. prices.* prices, prices.* prices. prices* prices. prices.* prices.
Lond'v
O.S.4s,C.
••••••
U.S.4%s.
Krie
20-33
N.T.
123J*
1141ft
20%
20*3S
94'ift
HI. Cent.
If. Y. C..
133
11710
117K
2970+ 00 M
123%
114W
20%
04J4
13330
uo-oi
8t. Paul.
92 55
92 M
92-00
1105ft
59%
10-%
91H
Can.Pac.
55 72
£5%
5523
55
Reading
Ont-YV’n
29-5S'
11
12385
113-29*
20-3 <
123% 123 85 123% 123-85
114% 113-29* 114% 11329*
2577
24-79
20%
25%
93-7+
94
9279
121%
114%
24%
13257
131U
13158
131
131*09
11001
110%
59 H
110-12
i.15‘20
29 08)
110%
58%
92%
130%
115%
2^-84+
50%
10%
91%
1007
10%
90-34
90%
54%
89-23
8S%
54 13
54
29 5S1
91*57
54 95)
55
54-9!)
Our monetary
Canada have* of
years,
relations with
neighbor
always been intimate. Of late
however, though tariff restrictions have fettered
our
very near
course
trade, the financial connection with this citv his become
closer.
This is due in great measure to the fact that the
taxes our New York banks were able to
pay in years of
inflation were suppressiv* when bank privileges became
less
Erch’ge,
cables.
CANADA BANKS AND CIRCULATION.
Lond'n
491
4 91
4*91
♦Expressed in theirNew York equivalent,
t Reading on basis of $50, par value.
4-91
t Ex-interest.
4-91
profitable, driving domestic capital out of the business
forcing our people to a larger extent than formerly to
depend upon foreign banking capital. Thus it is that the
New York Clearing House represented more capital in
and
Money on call has not been affected by the unsettled
feeling regarding gold, and the supply continues abundant. 1857 than it does now—then the total was about 64^- milShould the hoarding of gold continue, however, and the lion dollars, now it is
only about Gl^ millions, whereas in
amount in the custody of the banks be regarded as a
1871
and
for
a
short
time
thereafter it reached about.84J
spe¬
cial deposit, and not counted as part of the reserve, the millions.
effect upon the market would be a decided contraction,
Then again the building of the Canadian Pacific Rail,
and be soon felt.
The policy of the banks in this respect road and the
obligations it has put out and is about to
will doubtless be indicated by this week's bank return.
put out, connect that people more closely with the invest¬
The following statement, made up from returns collected
ing public, giving wider interest to every fact relating to
by us, exhibits the week’s receipts and shipments of cur¬ financial affairs in the Dominion. But the special circum¬
stance which turned our attention to the banks at this
rency and gold by the New York banks.
time, was a meeting of bankers held at Buffalo on the 13th
Received by
Net Interior
Shipped by
Week Ending Feb. 29, 1884.
N.T. Banks. N.T. Banks.
of February to consider the propriety of longer taking
Movement.
Currency
Gain. $200,000
$8:3,000
$1,082,000
Canadian money which now circulates in Buffalo almost
Gold
120.000
237,00)
Loss.
117,000
as freely as
our own bank bills or legal tenders.
There
Total gold and legal tenders
Gain. $153,000
$1,202,000
$1,050,000
seems, however, to have grown up there a general feeling
The above shows the actual
changes in the bank hold¬ of dislike for these notes, the complaint being that “ they
ings of gold and currency caused by this movement to <‘are not so well secured as our own, and when a bank
a n(l from the interior.
In addition to that movement, the “fails there is no provision for the redemption of its
Mauch
«bills.7’
THE
1, 188 4.]
CHRONICLE.
This is a practical question and has led to our
arrangements with the Canadian authorities undef
shall receive and publish hereafter the returns
the bank3 are required to make within the first twenty
days of each month. We give them to-day in detail on a
subsequent page, but below is a summary for January and
a comparison for previous months.
^iiich
we
$01,474,273
17,512,718
30,031,077
Capital paid up
circulation
Government deposits
Kotes in
Other
Loacs.
Due
Ac., due Canada
banks
foreign agencies
Allotker
:
liabilities
Total liabilities
-
$61,039,657
$41,451,733
17,457,718
33,589,455
11,197,709
96,609,746
11,151,030
deposits
Dec.. 1882.
Dec., 18S3.
Jan., 1884.
Liabilities.
97,104,512
2,800,679
1,220,615
315,269
36,501,694
11,801,327
96,879,545
2,669,886
2,451,615
1,585,312
378,907
1,560,819
336,265
$221,712,179
$224,722,195
$210,789,193
$7,527,368
11,799,980
8,850,108
21,713,375
161,227,622
$7,225,553
11,170,840
10,595,651
22,286,009
103,399,275
4,396,300
7,232,510
1,881,453
$6,555,761
ASSETS.
Specie
Dominion notes
Other checks and notes
from foreign agencies ...
Loans to Gov’t, individ’ls, Ac.
Over-duo debts...
Securities and real estate —
All other assets
Due
4,487,505
7,215,325
1,994,163
10.463,843
10,097 494
12,953,307
177,361,075
3,131,554
7,511,795
2,600,379
tomed to look for
safety to the Government inspection and
the Government bond.
But such a conclusion is by
no
means warranted.
The truth is, the Canada law
in the matter of note issues is formed on a different theory
from ours. Its purpose is to let commerce provide its own
it gives the authority, and then, in case it is
used, holds the bank, the management and the stock¬
holder, for security. Hence it is enacted (l) that no bank
shall issue notes, &c., * * * until five hundred thousand
dollars of capital have been subscribed, * * * nor until it
shall have obtained from the Treasury Board a certificate
currency, so
that effect ; (2) that
shall be the limit of the
the unimpaired paid-up capital
power of issue
(3) that the
outstanding circulation shall be the first charge upon
the assets of the Bank in case of insolvency” ; (4) that thfr
to
shareholders if the assets
liable in
(5) that
a sum
a
are
insufficient, shall be further
equaling the full amount of their shares
certified list of shareholders, with their resi¬
dences and number of shares
mitted every year
each holds, shall be trans¬
to the Minister of Finance before the
appointed day for the opening of Parliament; (6) that
persons who have “ transferred their shares, or any of
them, &c., * * * within one month before the commence-'
It will be noticed that in the above the two sides of the
ment of the suspension of payment by the bank, shall be
account do not balance, the assets for January being
“
liable for calls on such shares,” the same as if they had
$3,103,267 in excess of the liabilities. The natural infer¬
not transferred them.
ence is that the difference covers the profits over and
Thus we see that the law makes the notes a first lien not
above the $17,512,718 set aside and stated in the above as
reserve.
We ought to add perhaps that the capital sub¬ only on the capital, but on all the assets of the bank, and
scribed is about two millions more than the amount given makes the stockholders further liable to the amount of
stock (with no chance of skulking, as the Govern¬
in our statement as paid up, and the capital authorized is their
ment has a record of them), while the total issue is under
about eight millions more.
severe penalties confined to the amount of the unimpaired
But, as we said, the point of special interest is the cur¬
rency and the provisions of the statute under which it is capital. If, in connection with these provisions,we recall the
issued.
Undoubtedly the banking system in operation in requirements as to reports to be made monthly, and when*
Canada is in many respects less perfect than our own, and ever called for, and the penalties for any false statement in
such reports (so that impairment of capital or excess in
yet it seems to be pretty well guarded. The laws grant
note issues would be quickly disclosed), it would seem as if
quite full powers, great freedom and provide very little
the feature of safety had been well considered and guarded
government supervision. On the latter point, however,
Of course the other point referred to at
we
notice that besides the monthly returns, which in the law.
are
required to be full and under oath, there1 ii Buffalo—-delay in redeeming notes in case of insolvency—isanother mode of
obtaining information as to the a possible contingency. And yet with the currency a first lien
condition of a bank; that is, through the provision which on all the assets, and these calls on the stockholders also
gives to the Minister of Finance “ power to call possible, there would appear little need for delay. We
for special returns from any particular bank when¬ notice that the law contemplates the business being closed
ever
in his judgment the same are necessary in up by the directors in some cases of insolvency.
We do not know precisely how the business of re¬
“order to a full and complete knowledge of its condition.’’
This, with the penalties attached for false statements, and demption is carried on in the Dominion. If it was per¬
for omissions to make statements, &c., would seem to fect it would limit the power to issue notes to the
The statute says that a bank “shall
furnish ample machinery, if faithfully used, for the dis¬ wants of commerce.
redeem
“not be bound to
in specie or Dominion
covery of any impairment of capital or over-issue of notes.
But the marked difference between the two systems in “notes at any place other than where they are made pay¬
The fact 'that the notes in circulation are now
the matter of circulation is in the nature of the security able.”
provided, and the mode of payment in case of insolvency. down to 30 millions, and have decreased 3J millions dur¬
With us confidence is complete, because the notes are ing the month, and 04 millions since the previous December,
issued through the agency of both the Government and would indicate that redemption arrangements were quite
the bank, and hence cannot be emitted in excess, while effective.
Total assets
—
$224,815,446
[
$228,193,651
[
$230,675,208
“
“
“
back of the note stands the Government bond with
than
more
In case of insolvency no depreciation
ILLINOIS CENTRAL AND ITS LATE POLICY.
note occurs, as the security is lodged with the
The Illinois Central report for 1883 presents flattering
Government, and the process of redemption continues
uninterrupted. In the Canada system a wholly different results. The figures submitted show that the company
plan prevails. There is no bond and no Government was enabled to meet the obligations assumed on account
registry, but full authority to the bank to issue notes, the of the leased line, to pay 10 per cent dividends on its
only limit being in the following provision : “ The amount stock, to provide $632,529 for betterments, and yet to re¬
“of notes intended for circulation issued by the bank and tain a surplus on the year’s operations of $156,909.
This
is
flattering, since it demonstrates anew the great strength
“outstanding at any time shall never exceed the amount
of the company’s position and its continued prosperity.
“of its unimpaired paid-up capital.”
And yet there are certain features of the report which^
At first sight this will seem a very loose, irresponsible
arrangement to the American reader, who has been accus¬ when critically examined, tend somewhat .to modify this
ample margin.
of the
244
THE CHRONICLE.
which to that extent would have diminished
favorable conclusion. To one of these we alluded
early in the year, when we urged the making public of
the figures on which the action was based declaring an
extra dividend of two per cent, calling for $580,000
Using our knowledge of the company’s charges, in con¬
nection with the published totals of gross earnings, we
contended that the payment of such extra dividend could
leave the company only a very small working balance on the
year’s income. The exhibit now furnished fully confirms
our surmise.
The surplus remaining is shown to be no
more than $156,909, which for a large concern like the
Illinois Central (particularly now that it embraces the line
to New Orleans) is certainly very insignificant in amount.
It may be claimed that the $632,529 spent for better¬
ments in the year should be added to reach a correct total
of the year’s surplus.
But the present report is not excep¬
tional in this respect.
For a long time it has been the
policy of the management to devote a portion of the earn¬
ings to this purpose, in order to improve the road’s facili¬
ties for doing business without at the same time increasing
its liabilities and charges.
Besides, that policy is in
the direct line of the recommendations made by the
committee of Dutch and English stockholders who came
the best year the company has ever
comparatively little competition on its
business, and the cotton crop of 1882 (largely marketed
in 1883) was the heaviest on record—the line
being, like so
many other Southern roads, dependent in a great degree
As a result, the gross earn
upon this one kind of traffic.
ings for the twelve months reached $4,350,000. To what
extent this will be reduced the present
year under a smaller
cotton crop and the new element of competition to be intro
duced (to which latter we shall refer presently) is of course a
question. But a point of equal uncertainty is the cost of
operating the road, and here’s where the Illinois Central
is trying what we call an experiment.
Prior to 1883 the
here in
whole of the leased road’s
very
781
,
[Vol. xxxvnx
1877
(the day of the company’s adversity), to
ment
by
the require-
reason of its guaranty.
not a wise step, nor that
We are not arguing that
the leased line may not
be able to take care of the whole charge itself. In
fact
though we have not the income account of the leased
road, yet from the monthly figures of gross earnings and
this
was
certain
information
contained
in
the
report,
we
should
judge that net earnings of the Southern line in 1883
more
than sufficient to
meet
the
rental
full.
This, however,
had.
There
were
($1,486,203)
in
was
was
earnings were applied to oper¬
report on the road’s condition and prospects, they laying ating expenses and improvements—all except what was
down the broad principle that “if the railroad is to have necessary for interest, and this the road had to pay in full
in only one year, a part of the debt not bearing
“■a permanent value, it is necessary that the capital expen¬
obligatory
diture of the company should not be increased, except interest till Dec. 1882.
Now, not only interest but the
for matters which produce an actual increase of traffic, dividend on the stock as well, has to be earned.
In turn¬
for
as
new
branch
lines,”
and
that
would
such,
instance,
it
ing the road over to the Illinois Central in 1883, Mr.
be “ highly imprudent to continue the system of charging Clarke, the general manager of the line (now president of
to capital a portion of the expenditures for works which the Illinois
Central) estimated it could be operated for 60
are merely
improvement on an existing state of things,” per cent. Perhaps that may be for a year or two, but can
which principle in effect other roads have also found it it be permanently operated for that percentage ? The
advisable to adopt.
Mobile & Ohio, which is also a Southern longitudinal
It is proper to note, too, that this expenditure for bet¬ line, though in some other respects less favorably situated,
terments in 1.883 is not large, as compared with other under the economical and conservative
management of
recent years.
Thus, while on both the Illinois line and Mr. William Butler Duncan, could not be operated for
the Southern line no more than $632,529 was spent in less than 72£ per cent in 1882-3, and for less than 74 per
this way
in 1883, no less than $1/271,452 was cent in 1881-2. Suppose that the Central’s Southern line
spent on the Illinois line alone in 1882. In 1881 the should earn no more than it did in 1882 (which though
amount on the same division was $925,380, in 1880 it was it was not a very favorable year, was on the other hand not
$842,324. In 1879, when the item first came into prom- a very bad one), and that it took 65 per cent of the earn¬
inence, the amount was $386,016. Or, if we take out these ings to operate the road—even on the basis of the very
outlays for improvement and add them to the company’s large earnings of 1883, only a small surplus would be left
surplus, the comparison would stand as follows for each above the rental.
of the years named.
All the more striking does this appear when we bear in
“
“
“
11
.
$740,205 I 1880
1,003,221 | 1881
$1,343,965 I 1882.
070.510 | 1883
$1,427,326
780,438
mind
with
that
this
Southern
line
increased number of
will
now
have to contend
competitors for its business.
On this basis, then, the balance in 1883 was smaller than Up to 1883 it constituted substantially the only line be¬
m any
Had the two per cent extra divi¬ tween Cairo and New Orleans. The Mobile & Ohio could
year since 1878.
dend not been declared it would have been $1,369,438, be used to reach the latter city, via Mobile, but this was a
«Ten then less than in
1882, and but a trifle above what very circuitous route. Towards the close of 1 &83, how¬
it was in 1880.
ever, the Erlanger people opened their New Orleans &
"We should not have dwelt upon this feature except for Northeastern road, forming, in conjunction with the
the circumstance that 1881 will be even more than 1883 Mobile & Ohio, a very direct line to New Orleans, and
was, experimental, with the conditions such that a repeti¬ this, new road has been getting a good deal of business
tion of the 10 per cent dividends becomes improbable. With since, though whether this has been at the expense of the
1883 the road virtually entered upon a new period in its Illinois Central line we do not know;—we only know that
there has been a contemporaneous falling off in the earn¬
career. Previously it had only its lines in Illinois and Iowa
to take care of ; with 1883 the base of its operations was ings of that line. But very soon there will be still another
extended over the Southern line, to New Orleans.
It is competitor. A line is being built (in the interest of the
true that this Southern line had for many years before Chesapeake & Ohio) along the east bank of the Missis¬
been under its management and control, but not till 1883 sippi, from Memphis to New Orleans. The work is already
did the Illinois Central incur any annual obligations on well advanced towards completion, and it was recently
its behalf.
With that year not only did it assume the announced that the road would be in running order by
whole of the Southern line’s interest charges, but it also May 15 next. Above Memphis, of course, the Chesapeake
guaranteed dividends on its stock, distributing last July & Ohio already has a line, so that this would make another
.the portion of said stock held in its own treasury and parallel road to the St. Louis & New Orleans (Illinois
an
Mabch
1, 1884.]
-
THE
245
CHRONICLE.
Cairo. Thus there will soon bo
three routes north from New Orleans, where six months
ago there was but one.
It cannot but be that the Illinois
Central) all the way to
and dividends
on
shares of the Southern line. As the
pany now holds only $2,826,000 of
of the stock of the leased road, the
in the current year can
com¬
the bonds and $641,600
income from this source
be no more than $166,964, involv¬
affected by this fact. It may in
part overcome the adverse effects, as far as gross business ing a reduction in this item from 1883 of $131,000. In
the same connection, and as showing the les3 favorable
is concerned, through the opening of the branches now
state of business at the present time, we may mention that
under construction—one to Aberdeen, Miss., from Kosci¬
usko, and the other to Yazoo City, from Jackson, Miss. But up to the end of the third week of February gross earning*
in 1884 (all lines) recorded a falling off of $202,828.
will not the increased competition decrease the tonnage
There are also some other features of the report that do
and force a reduction of rates ? and will not those circum¬
not wear so favorable an aspect as heretofore.
Thus the
stances in turn increase the ratio of operating expenses ?
Central will be adversely
working stock of supplies
though its mileage has been
increased 578 miles by the addition of the St. Louis &
sanguinely disregard them.
The total is given at $532,566, while
But the company is also at the same time increasing it s New Orleans road.
debt. A year ago, in reviewing the work done to the a year ago it was $841,975 (including in this that of the
end of 1882, we called attention to the fact that the debt Southern division), and the year before that (on the Illi¬
Then the item of “cash
then was actually smaller than in 1877, though mileage nois line alone) was $534,678.
and
other
assets,” amounting to $2,316,487, is not quite
had been increased 220 miles in the interval. Now that the
clear.
How
much of it is cash, and how much something
St. Louis & New Orleans road has been taken into the
else ? There was the same uncertainty a year ago, but the
•system, it is of course impossible to make a direct comamount is very much larger now, as it should be, because
parison. But we find that the $5,028,000 of Chicago St.
it would seem more conservative to await
the outcome of such uncertainties as these, rather than
At least to us
i
company is now carrying
smaller than in other years,
a
Louis & New Orleans five per cent bonds which the Illi¬ of the heavier liabilities for interest and dividends. We
know that in 1882 the item embraced at least $383,000 of
nois Central held in its treasury at the beginning of 1888
Kankakee & Southwestern railroad stock, which we should
had at the beginning of 1884 been reduced to $3,228,000?
and that since then a further reduction to $2,826,000 has hardly be inclined to consider an available asset.
place. So long as these bonds were held in the Finally, the company in supplying current reports of
treasury, the interest charge on account of the Southern gross earnings, refuses any longer to furnish the figures of
the Southern line separately, as it should.
Certainly, this
line was to that extent diminished, and in our calculations
is quite in contrast with the openness that has always
of 1883 we were led to disregard them, since we
characterized the company’s conduct of affairs in the
assumed that for all practical purposes they might be
treated as if they had never existed.
When a company past. What can be the reason for withholding the figures ?
Even if they are unfavorable (as there is reason to suppose
has such large means immediately available, there is
always a strong temptation to use the same, and recogniz¬ they are) nothing can be gained by concealment. Secrecy
in corporate affairs never inspires confidence.
ing this fact, Mr. W. H. Osborn was led to recommend
In all these facts, is there not evidence of some lack of
the cancellation of this five millions of bonds. His wordSj
and the warning they conveyed, have a special significance the conservative spirit so long dominant in the company's
taken
affairs ?
It will be
seen
that
we
do not base
our
remark
present time. Mr. Osborn, it should be said, was for
more than a quarter
of a century identified with the upon any one incident in the recent career of the prop¬
Illinois Central, and to his management its present erty, but upon a whole series of events all apparently
at the
prosperity is largely due, To his energy and watchful¬ having the same tendency. We might be less inclined to
ness, too, the success attending the investment in the lay stress upon this apparent departure, if it were not for
In his final communi¬ rumors connected with some of the late changes in man¬
Southern line is also attributable.
Central, of date Dec. 30, 1882, after agement.
urging the cancellation of the unused bonds, he says:
“It seems unwise to hold $5,000,000 of your own exe¬
FINANCIAL REVIEW OI FEBRUARY, 1884.
In comparison with the extraordinary events happening
cuted obligations available at any moment.
The expe
“rience of nearly thirty years strengthens my impression one after another in preceding months, the course of
that prosperity (leading to unwise expenditures) is affairs in February was quiet and uneventful. The supply
“oftentimes as dangerous as adverse crops, with the con- of money was yet superabundant, and some of the
“sequent loss of traffic affecting income. The specific for bankers with money to lend were even inclined to take a
“accuracy in accounts and economy in expenditures, ap- favorable view of an export movement of gold, as one
“pears to be—to take all expenses, including construction means of diminishing the glut of money and advancing
“out of income, and divide the surplus only.”
We doubt the rates o£ interest.
At the Stock Exchange the movements were compara*
whether Mr. Osborn expected that the pertinency of his
utterances would so soon become manifest.
tively healthy during the later weeks of the month—
It should be said, however, that the money derived healthy, at least, so far as the steadiness of prices was con¬
from the sale of the bonds has not been squandered, but cerned.
It was an open secret that some of the heaviest
has been used in prosecuting the construction of two stock speculators of New York—usually known as capi¬
branch lines, already mentioned, in Mississippi, which talists—had joined their forces together late in January
maybe necessary and ultimately profitable. But the point to stop the downward turn in prices which had been so
is, that it seems to mark a less cautious policy than here¬ conspicuous in the latter months of 1883 and was again felt
tofore, to make an extra 2 per cent dividend, (leaving a very forcibly in January this year. After the syndicate
•mailer surplus than for several years), in the face of these had taken the Northern Pacific and Oregon Railway &
facts. Thus the sale of St. Louis & New Orleans bonds, and Navigation stocks, as mentioned*in our last report, the
the distribution last July of nearly all of the stock of the market was sharply turned, and the support then put
same company, will have as an effect an immediate reduc¬ under
it, together with the twisting of parties who
tion of the company’s income. Among the miscellaneous had sold short, caused a large advance throughout nearly
receipts in 1883 were $298,009 credited as interest on bonds the whole list. Certain stocks were particularly advanced
cation to the Illinois
“
216
THE
Delaware
as
Lackawanna & Western to
CHRONICLE.
132£, for the
purpose of helping the rest
but a small interest taken by
of the market. There was
the public at large,4 but
considerable trading among professional operators, until
the 27th and 28th of the month, when prices
began to
sag and closed at a considerable re-action from the best
prices. •
While the decline in
prices in the last half of 18S3 was
large railroad earnings, the upward
movement of February, 1884, wa3 made in
spite of many
unfavorable reports of railroad earnings which were com¬
ing to hand. Thus the Pennsylvania Railroad and the
Philadelphia & Reading lost heavily in December and
January, and the condition of earnings generally since the
first of the year could not be looked upon as
particularly
good.
One of the principal features in February was the ad¬
vance in foreign
exchange prices to the specie-shipping
point and the consequent exportation of a moderate
amount of gold.
The trade movement was certainly not
made in the face of
7
much in favor of the United States
as
as
in the
preceding
year—especially in the diminished exports of breadstuffs
—but this cause was hardly sufficient to account for the
gold shipments, and it was believed that the balances were
affected
by the movement of securities,—both the
stocks from abroad and a
usual for our securities from the
some
The
return of
less active demand than
foreign markets.
following summary shows the condition of the New
York City Clearing House banks, rate of foreign
exchange,
and prices of leading securities and articles of merchan¬
dise,
on or
about the 1st of March, 1832, 1833 and 1884.
STATISTICAL SUMMARY ON OK ABOUT M YUCII 1.
1882.
New York City Hanks—
Trails and discounts
ANI>
1883.
1884.
1884.
RANGE OF 8TOCKS TN JANUARY AND
325,031,900 325,391.000 341,523,300
55,753.800
58,504,300
77,>4) :,200
f20,060,700
16,49s’,700
14,364.90*)
$ 297,790,300 309.275,200 361,380,200
5:
Circulation
Net deposits
Legal tenders
17,260,700
20,023,500
32,240,200
77,318,SOTO
90,345,050
78.527,800 1 10,1 06,4 BG
74.447,575
reserve
Reserve held
$
Surplus reserve
Money, Exchange, Silver—
Call loans
Prime paper, sixty days
$
73,014.500
df.
1,433,075
3©6-f ipp.d.
1,209,000
3®8
5 Lj w 6
5 Id.
4 82%
5^5 6
Silver in London, per oz
Prime sterling bills, (JO days..
United Slates Bonds—
52(1.
4 86
3s, registered, option U. S
68, currency, 1898
128
4%s, 1891, coupon
4s of 1907, coupon
118
Lake Shore A Mich. Southern.
Michigan Central
Chicago Rock Island A Pacific
Illinois Central
Chicago A Northwestern, com.
Chicago Milw. A St. Paul, com.
Delaware Lack. A Western
Central of New Jersey
Merchandise—
...
Cotton, Middl’g Uplands.$ lb.
Wool, American XX
lb.
Iron, Amer. pig, No. 1..$} ton.
2
4© 4%
101
1 35
114%
123%
126%
37%
37%
ILDb
8II4
131%
13314
116
25%
1014
109
93%
1224
141%
1324
101 %
122%
131
1084
1244
94%
90
1204
'
130
118
904
,
128
714
ll“ie
%
4 87%
112%
119%
130%
5 1
•
101
130
1133*
Railroad Stocks—
New York Central A Hud. Riv.
Erie (N. Y. L. E. A W.)
19,761, 6o\j
‘
103in
874
10%
3 7 @4 5
37 ©47
33© 41
26 00S'27 00 24 50 ©25 50 20 50©2150
■Steel rails
55 00 d) 57 00
39 00
35 00©36 50
Wheat. No. 2 red win.$ bush. 1 321-3-1 33% L 23 4-1 244 1 13 4-1
14%
Corn, West. mix.No.
bush. 7 2 % ® 7 4
68 ©09
62% a>63
Pork, mess
17 75
98 bbl.
1 9 50 <D 1 9 75
18 00
2.^
CLOSING PRICES OF GOVERNMENT SECURITIES IN
FEBRUARY.
1884.
February
Railroads.
Dec 31. Low.
High. Jan. 31. Low. High..
Feb. 29
132
Albany & Susqueli
135
135
135
A tell. Top. A San.Fo.
804
804
Bost.A N.Y.Air L. pr.
814
82%
81%
82% 82% ’
Burl.Ced. Rap. A No.
70
80
75
75
Canadian Paeilic
5 4%
584 §53%
53
§53%
50%
54%
Canada Southern
484
544
§50
53%
524
57%
53%
Cedar Falls A Minn.
10
12
9
10%
Central Iowa
X 1
13
>3**
Central of N. Jersey.
90
86
84
83%
SG
90
Central Paeilic
63 4
63%
674
66% §59% §65%
Ches. A Ohio
*14
*14 34
15
13%
134
144
13%
Do
21
Istpref. *2 4%
25% *234
23
23%
25
Do
2d pref.
15
17
*16
17
15
17
44
Chicago & Alton
1344 1334 139% 139% §133% 1404
§134%
Do
150
150
pref...
§152
;
Chic. Burl. A Quincy. 1204 118% 123
122
12 2
1274 123
Chic. Mil. A St. Paul.
84%
92%
944
88%
88%
944
90%
Do
*116
114 34. 119
pref. 116% 1134 117
115%
Chic. & Northwest... §116% 1124 118% 117% 116% 124
117%
Do
145
pref. §1444 140% 147
141% 149% 142%
Chic. A Rook Island..
116% 115% 118
1174 1174 1284 1204
Chic. St. L. & Pittsb.
41
10
10
9%
134
11
10
Do
29
35
334
30
pref.
28
31% *2»
Chic. St.P. Miun.&O.
33%
27%
29 4
34%
314
33%
4s,
February. 1891, 1907,
coup. coup.
3.9,
i
6s,
opt'nI Cur.,
S.
] 1898,
rcg. | reg.
U.
February.
;
1.. 91
...
2.. 0
1234
...
2
3..
..S...
21:..
»>•>
4
414%
....
1114:4 12341
23":
123 2
...4
4j
:4l4% 1234!.....
...5
2
'1234
...6
2
9
...
72
10
1..S...!
...
8
2
11
L14 -4 1234!
29...
3s, j 69,.
4%<1,
4.9,
opt'n j Car,
1891, 1907, If.
S.
coup.', coup. rcg. j1 1898
rcg.
.; 114%! 1 237b
.11-1%! 123%
-I
j!.1234
Holi day
..
.
oi
Do
pref.
Clev. Col. Cin. Sc Ind.
Clov. & Pittsb., guar.
Col. Chic. A Ind.Ceut.
Col. A Greenv., pref.
§92%
65
50
Del. Lack. A West’rh.
Denver A R. Grande
1164
244
Dubuque A Sioux C..
77
East Tenn. Va. A Ga.
*5%
11%
pref.
Evansv. A Terre II...
Green B. Win. A St. P.
Harlem
Houst. Si Tex. Cent..
Illinois Central
Do L’sed Line 4 p.c
Indiana Bl. Sc W
Lake Erie A West....
Lake Shore
*50
132
83
*17
18%
§94%
|133%!
12.
13..
14..
15..
16..
17
18..
Memphis A Cha’stou.
Metropolitan Elev...
Michigan Central
Mil. L. Sh. Sc W
Do
pref.
Minneapolis & St. L..
Do
prer.
Mo. Kalis. Sc Texas
Missouri Pacific
1
Mobile Sc Ohio
Morris Sc Essex
Nasliv. Cliatt. Sc St. L.
§85%
13*9
>34%
214
§87%
*9%
-52
N, Y. Cent. Sc Hud. R §112
N.Y.Chlc. Sc St.Louis.
8%
Do
pref.
N.Y. Lack. Sc West
N. Y. Lake Erie Sc W.
.
pref.
Do
N. Y. & New
.
Engl’d.
N. Y. N. H. Sc Hartf’rd
N. Y. Ontario Sc W...
N. Y. Susq. Sc West..
18
86
1123*8
114:412358
114:,8! 123%
12378
,.S...
.
*1*8%
176%
16%
The
1144
Open....
114% 1234 101
High....
114%. 123% 101
114% 123% L01
Low
Clos
114%; 123% 101
Do
pref...
Norfolk Sc Western
15%
93%
194
99%
..
Do
pref.
Northern Pacific
Do
pref.
Ohio Central
Ohio Sc Mississippi...
Do
Ohio Southern
40
244
51%
2%
23
pref.
Oregon Short Line
Oregon Sc Trans-Con.
..
Peo. Decat. Sc E’villo.
Pliihi. Sc Reading
Pittsb. Ft. W.AC.guar.
Renssel. Sc Saratoga.
Rich.A, Al. st’k, tr. et.
Richmond Sc Danville
BichmomlA WestPt.
Rochester Sc Pittsb..
Rome Water. A- Ogd..
St. L. Alton A T. H
304
13%
55%
132%
pref
St. L. A S. Francisco.
l)o
Do
pref.
Do
pref.
1st pref.
St.Paul Sc Duluth
St. Paul Minn. Sc Man
Texas A N. Orleans.
Texas Sc Paeirie
Tex. A St.L. in Texas
Union Pacific
United Cos. of N. J..
pref.
Maryland
Prices bid.
15
32
90
85
16
14
18%
-314
16%
85%
8 %
121 %
234
91%
10%
84
164
-
21%
66%
12%
87%
914
2438
68 4
274
91
2 >%
70
13%
11%
26
69
13
177
70
180
11 4
104
114
4%
5
14 %
6
ll%
1 l
394
22%
46%
3
224
354
20%
44%
2%
21%
104
184
6
*15
11
42
*10
23%
49%
_
'
204
46%
3
3
23%
22%
*"
7%
8%
16
2 > u>
31%
2334
18%
25%
15%
59%
132%
*4434
53%
13
53
17
60%
142
1344
1414
.
.
145
5
56
31
154
15%
20
43
91
20%
48
*38
42
90
81%
324
.....
90
99
.
4
132%
19%
134
53%
4
r>
57
61
27 %
14 4
21
44
94
32
28
16%
11%
22%
22%
94
*20
39
43
83
*87
85
-
22
47%
96
47%
43
...
89%
*90**
97%
92
90
93
93
194
19%
22%
20*%
77%
76%
84%
78%
§924
......
20%
2
09%
192%
78%
192%
21
21
12%
244
1934
••....
16%
264
32
57%
61%
59%
119%
12334
1234
20
**20**
15
254
18%
30%
574
123%
1264
75
75
144
17%
76%
75%
1304
129%
128
96
*58
95
58
105
714
128
91
56
-
113% §105
97
60
•
§110% §10S
4
4
10%
164
1 Prices asked.
*9
125
* 124
5 4% *51
113% 116
1 5
15
2
20%
90%
'8%
17%
......
GO
23%
95
11
*35
16
*32
10%
204
57%
3%
2434
§31
23
10
12
18%
36%
*00
90
84
27
90
15%
9 44
12
34
17 %
10
41
37%
81%
29%
17%
29%
40
90
57
92
58
20
*9
16%
5%
164
40
88
20
'§74%
214
18
'
*18 4
16%
264
13%
194
15%
*16
20
87 4
8%
15%
51%
30
59
92
59
90
9%
90
131
§130
84%
114%
22
90
7
15
13
‘>*3**
*193
*40
104% 1014
72
694
50
474
90
10
51
114
*12
115%
94
174
37%
184
40%
2%
*27%
14%
17%
34
123:4
70
*
3 4
16
*7*"
184
19%
20%
178
8%
3%
194
204
*51
28%
176
5Jio
4
90
10
33
127
58
110%
18
46 %
83
53
18
90
*33%
16%
36
97%
67 %
128
19
49%
8%
50
16
63
138
132%
224
80%
84
14%
140
85
32%
Id
*54
94
18%
36
*99"
91
66
133
1
33
50
45
15%
3(4
924
964
§130
46%
54%
38
4
87
*22
40
*37
49
*26
47
*84
33%
6%
83
17%
1734
98%
67 a4
93%
143
..
Do
137
*83r
69
_
13
10
Coal and Mining.
Cameron Coal
Central Arizona Min.
Colorado Coal A Iron
Consolidation
Homestake Mining ..
following table will show the lowest, highest and
closing prices of railway and miscellaneous stocks at the
New York Stock Exchange
during the months of January
a id February, 1884.
834
20 4
5
Wells, Fargo A Co....
135
10 L
81%
85
26%
1354
123%
'
4 4
15
46
135 4
123%;
51.
42
90
*4%
42
5
194
1374
82
"32**
12
196
33
49
81
55
19
40
92
com.
12%
5
25
-10
Manhattan Beach Co.
78
197
49%
Do
184
51
G5
*86
*42
120%
214
77%
6%
6?4
124
424
"42*
§1204
25%
66
1354
135%
123%
33
50
44%
Telegraph.
Amer. Tel. A Cable..
60
Bankers’ A. Mercli’ts*
Gold A Stock
Mutual Union
;
Western Union
§74
Express.
Adams
429
American
§9 L%
United States
*56
114%'123 %'"!!'
1
Louisville A Nasliv..
Louisv. N. A. A Chic.
Manhattan
Do
1st pref
Do
....
2
78
40
5
193
44
132 4
904
62
133
50
122
1144
174
764
5%
104
92
63
139
Long Island.
Wab. St. L. A Pacific.
114%; 1 2 J% '....
954
14
Danbury A Norwalk
Do
834
58
130
Virginia Midland
.
,
..
...
IV,
FEBRUARY.
January.
..
Specie
Legal
1882, 1883
[vol. xxxnn.
13
23
11
12
12
t Ex privilege.
60
16
27
574
1264
15
15%
15%
734
78%
74%
132
101
*128
96
60
61%
115
*110
15%
17
11%
21%
21%
9
15
9
15
*14
§ Ex dividend.
*
January.*
mu,
and
Mining. Dec. 31.
Central Coal.
Ontario....;
penDsylvan 1a
Co.il..
95%
......
1224a
38
78*3
403*
108%
pSman Palace Car. 115
48
108
107*3
150*4 *151*2 160
41
65*8
87
all2
93
45*3
47
4558
117
115
§108*3
114
170
52
34^8
714
*5*3
43 5&
0%
§10958
*160
99*3
5
5058
L78
11 i‘*8
§108
60
De¬
days.
mand.
4
1....
2....
3....
4...
5....
6....
7....
8....
9....
10
11....
12....
*25
4
4
4
4
4
4
4
4
86 4j
89
89
89
89*3
89*3
89*3
8.
4 8 0*3
4 86*3
day8.
13....
14....
15....
16....
17....
IS....
19....
20....
21....
22....
23....
24
s.
4 86*2
4 86 Lj
4 86*3
4 86 4
4 S6 »a
4 90
4 90
..
4
4
4
4
86*3
86*3
4 87
4 87
000*
hank.
Capit'l
route.
Paid
1
Up.
!
1-
*
..
ment
in Uir-
‘2.
|
$
:
i
*
2,0001
6,000!
1,900;
2,827)
850!
140
1,5001
3,OK*
1,500,
083
650
j
1,304;
237
503!
135
1,380!
371
1,044;
37S
220
iS.442!
d’ll’ehelagn
‘Excli’ge Bk.of ( an.
4 90%
4 90*3
4 87*3
4 86*3
Low.
IToli day ....
4 90*2
4 87
S.
JANUARY 31, 1884.
Other
!
Due
Loans to
checks
J from
| For’gn
\AQenc'$
Gov'm’t
and
Notes.
ties.
9.
8.
*
95!
j
*
1
10.
11.
S
*
Notes.
*1^,0541
oj
ij
..
17.
S
*
IS.
f
45
193
5
9,081
21
43.302
002
4
9,138
390
4911
401
5,303
95
284
105
122
108
10
21
SO
14,344
6,771
434
077
543!
57
03
178
302
872
493
125
3,225
1 0,511
5,181
87
3 078
4 929
110
105
122,
o
3 213
73
78
128
120
107
4 487
3b
38
49'
15
ID
46
10
403
4
4,043; 3,954
3,407
3,208
61,970
914
4,802
97
79,115
1,022' 14,874
380
532
948
70
243
49,031
1 1.292
4,033
5,300!
6,978
7P5;
15
18,295
4,419
7061
4
17,307
5,315
0
11
327
3,407
028
324!
177!
275;
104
1,822
32
305
641
51!
01
342
1
5
11,909
3,858
1,818
1,197
320!
44
420
9
1,5G5
77,027
1
16.
$
1,113
776!
531
15.
28
3,005
..
102
Assets.
Estate.
400
It
aj
$
Debts.
Assets.
17,004
7,031
2:t5
......
11.
*
7,552
13.
Iteal
501
7,090
61
Is, Ac.
Total
Other
1,820
182|
8!
a
All
ties &
due
400,
202
1,545
1,265
Individ-
Seen ri
Over¬
783;
1,207
361!
894
8,942
188
14.
*
289!
573
202
8,810
93'
179
Specie.
38,129
50
704
i
2,000!
Quebec Bank
Union Bank
2,000;
—
Banque National©..
o
7,201
24
3 045
303
14
14,403
6,877
121
20:
7
1,448 J
36,203;
..
•
3
100!
4601
351
350!
714'
i
1
1
111
2,ko|
in
20
1,715;
520
48,748
127
4
5,77
3.
5l|!
370!
803:
2
j
03j
295
1
58|
70
80 >
Si
165;
1,068
4,940j
687
117
27:
190
93
491 j
8,255
73
1,014
33
3
0i
4,810
107
102
27i
101 140,344
4 122
1
j!
;
257
200
N.Erunsw’k1
1,880
450
!
j
q rrra
,
3 (ick>
510
372
M
son]
22S!
61,474 1 7,513 30.031 11,151
•
•
•
..
97,105!
55
19
5
910
30
IS
117
3,892
201
188
4,170 17,395
81,514
4,994
3,792
109
1IW)
20
35
09
8
9
6,280
4,059
1,452
C3
1,407
1,860
866
010
1,044
14
4,892
1,714 144,007
1
Sioj
S54
131
237
174
405
105
88
SI
1,550
41
28
27
74
23
029
0
20
16;
15
18
11
322
18
23
423
40
38
41
52
1,153
2
11
1,343
15
j
4
5
o:o
53
2
753
1,135'
1,073
821
13.S38
377
451
95
105
4/90
127
110
41
4
......
.....
12
850
4:'4
IS
1
7
1,328
4
725
18.
18,240
049 ;
A
90
18,443
10
3.544
1,133
1
!
|
3.453
77
s
1,47
“
1
1
f 55
25
,
8
31
1.227
,
345 441,712
h
52
51
03
■1
m‘
405
200
230
3,900
202
107,
7,527 11,800
8,850
41.7ft
161.22S
4,487
7,215,
„
5,495
829
3 7
i
1
193!
33
1
t
2,806;
440
58
38
10
1
47
170
125;
37
i
2,033
14
23
1,804
33
Ml
29
329
30
10
,
385
870
70
23;.
170
570
77
18!
;
4,555
7,757
5,104
9,481
80
1.388
130
1 9,586
74
18
..
5
81
240
1
98:
.
272
ess
32 !
138
,980
1,429
.
129
498
150j
330
35 :
i
14
6,3031
33
95
1,837
1,208
1,574
4,000
4,093
1,059
6.272
331
i
i
137
1,520
„
117;
j
......
k.j
85;.
j
j
44
j
j
415
208;
!
,
686:
|
37
29;
j
1,065
13
588
1
!
20
1
!
160
680
468
|
35
511
390
721
22
493
1
13!
!6}
533)
47
357 |
6,270
19,037
!
3,345
1,707
2191
......
1,192
J.4
24
157,
......!
183;
2'
70,
50
Grand total
1.047
780;
j
>
j
6S
485
9
556 i
®,85«; 15,137] 8,574!
20
...
33
9
202
388
Maritime Bk. of Can
45
105
1,870
28
Ml.
2)7
5;
307
400
123
71 !
004;
10!
5001
1,00)
51
5,058
30i
Bank of Yarmouth
j
032
j
01
500:
New Brunswick,
5
55
1
3,849
S0|
B'kof N. Brunswick
73
204
42',
213
6001
4,853
19
172
30
583!
i
18,
233
O02|
325!
1,0001
Total Nova Scotia•
199
281
10 i
Peoples Hk.,UulifaT
Union Bk., Halifax.
Ha'lfax Bank’g Co..
20 J
42 <
209!
230
Merch’s Bk.,Halifax
2461
41
239
88
403!
j
7,924
1,699
470
Pictou Bank
94
795
128;
1.150] 3,374 j
218
200
Com'cial Bk.Winds’r
315
14
4,440
7,479
5S !
245
41
105
I
235
1.114;
ErclnBk of Y’rm’tb
S90
43
4,714
7,029
15,410
3,208
6.111
3,725
215
Nil.
119
19'
218
!
4,585
•
.
.
50
Nora S:oti<(.
Bank of Nova Scotia
•
.
1.027!
226
East.Townships Bk
2
47,383
7,092
3,001
j
I
500!
j
202!
Banque de St Jeans
Ban.deSt.IIy’c ntho
5
2
I
'
5,722;
2,000.
2,500:
In
Liabiti-
7.
5
I
381|
23
Liabili¬
6,745111,145: 1,858
j
Banque
*
Range
High
90*2
90*3
i
Quebec.
Total
*
282
24
Do¬
minion
t ies.
5,477
3,190
os!
Nil.
.
Total
i
6.
i
4,450
11,745
4,794
3,534
1,944
274
535 i
110
ooi;
All
, Other
C«nda\
1
5.
*
380
8C2[
200
!
Due
! Banks. \
27
335| 1,27.11
7021
.. •
4.
S
1,171
Bk.of Can.
People's Bank
St Stephen’s 15a
\ loans,
its.
3.
TankofMontre I... 12.000 5,750
800
Bk.of Brit No. A in.
4,807;
Banque du Feuple..
1,000! Nil.
140
Ban.Jacques-Carti' i
5001
20
404!
Banque Vil!e Marie.
+
4 90*2
ASSETS.
uterine
Other
Depos¬ Deposit*.
!
1,000!
Bank of Ottawa
Total Quebec
1
•culaPn
i.roo
Imperial Bk. of ( au
Bank of Hamilton..
.Volson's Bank
Merchants’ Bunk
'Gov'rn-
Notes
‘
Fund.
1,500'
Standard Bank
Federal Bank
Total Ontario
Rcs’rve
.
Bk. of Coru’rce
Dominion Bank
Ontario Bank
r
4 90*3
-J
Can.
Wwtern
90*3
90*3
4 90*3
90
90
..
LIA BILIT1ES.
omitted.
Bank of T
4
4
“ under tlie rule.”
Ontario.
•
4
4
4
4
days.
25.... 4 87
26.... 4 87
27.... H 67
28.... 4 87*3
29.... 4 S7*3
S.
4
4
1884.
De¬
mand.
60
Feb.
4 90
4 90
4 90
4 90
86*3
86*3
86*3
86*3
RETURNS OF THE BANKS OF THE DOMINION OF CANADA FOR
kasie of
De¬
mand.
60
Feb.
4 89
4 89
86*2
86*2
...
§ Ex dividend.
t Ex privilege.
» Prices asked
4567—-ODLGloaivues,rnmt
119 cash
32*3
6%
10$
105
Q^nR’y &Nav.Co. 93*4
6*3
32*3
28
Feb.
*265”
264
5*3
*4
>28
30
35
10
10
27*3
27 *3
264
"5'^
4*2
25*8
29^3
5*3
*513
*25
HAWKERS’ STERLING EXCHANGE (F08TED BATES) FOE FEBRUARY,
February.
High. Feb. *29.
10
10*4
10*4
2913
29*a
VARIOUS.
a
/
Low.
Low. High. Jan. 31
*9*a
..
Qaioksilver Mining.
flnrinsr Mount’ll Coal.
Standard
Cons. Min’g
°
Tprioes bid.
247
THE CHRONICLE
1,18S4J
March
113
•
71
.
..•••
573
87
5,251>
1,99-1 441,815
liquidation.
t At present not obliged to make returns.
Deposits—Includes, $1,376,85$ Dominion Government.depose, payable on demand; $1,790,000 Dominion Government de¬
posits, payable after notice or on a fixed day ; $1,019,282 deposits, held as security for execution of 1) nuinion Government contracts
and for insurance companies; $923,515 Provincial Government deposits, payable on demand; $3,0.11,3^1 Provincial Government
deposits, payable after notice or o 1 a fixed day.
Deposits—Includes $41,138,535 other deposits, payable onde:naud; $53,025,976 other deposits, payable after notice or on a tixodi
day.
Ac.—Inc’ndes $11,000 loans from or deposits made by other banks in Canada, secured; $1,276,072 loans from or deposits made by
other banks in Canada, unsecured; $1,516,607 duo to other banks in Canada.
Foreign Agencies—Includes $72,655 due to agencies of bank, or to other banks or agencies in foreign countries; $1,153,960 duo to
agencies of I> ,11k. or to other banks or agencies in United Kingdom.
__
$152,540 loans to or deposits
public.
*5-0vf nine Debts—Includes $?, 194,677notes, Ac
$123,233 other overdue debts not specially secured ;
18—Securities ami Real Estate—Includes $907,0 49 Dominion Gavernmmt debentures or stock; $1,295,7.84 public securities other than Can¬
adian ; $1,111,848 real estate (other than the bank premises); $828,562 mortgages on real estate sold by the bank; $1,072,082 Bank
,
overdtio and not specially secured;
$2,169,590 overdue debts, secured.
premises.
New York Stork Exchange—Tlie governors of the Stock ]
Oregon Railway & Navigation.—This company recently be
negotiations with a syndicate to borrow $3,000,000 on a deExchange have admitted to dealings the following securities : gan
Chicago and Atlantic—Second mortgage 6 per cent, bonds due benture bond, in order to finish the Baker City Division, the
August 1, 1923, $2,500,000 out of a total authorized issue3 of ; money to be re-paid on the repeal of the Oregon statute which
1
$5,000,000.
•
prevents the issue of the consolidated mortgage. A hitch is
to have arisen between the company and the syndicate on
account of the 9 per cent interest demanded for the money. A
Pullman Palace Car—An additional amount of stock, making said
the total capital
stock
up
to $15,927,000—au increase of $1,327,-
j compromise is likely.
THE CHRONICLE.
248
£
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXCHANGE ON LONDON
Ow—
Amsterdam. 8hort.
Amsterdam. 3 11108.
ii
Berlin
ii
Frankfort...
ii
Vienna
Feb.
12’214 @12-3*
12’4* #12-5
#20-68
3»20-68
20-64
20-64
12-26*©12-283j
ii
Paris
25'40
#25*47*
Paris
Checks 25-21 *#-25-2614
St. Petersb’g 3 mos.
22Hi03>221Sifi
Genoa
ii
Madrid
Cadiz
Lisbon
Alexandria..
ii
25-46*®25*51*
Feb..
46* ®46*
46*#46*
ii
ii
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
5178@52
Constant’ple
New York...
Bombav....
Calcutta..
Hong Kong..
49 3)4938
Is. 7*d.
Is. 758l.
.
Shanghai....
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Febf
••••••
....
'
12-10
Short.
...
*
......
23310
8 3
mos.
47-30
3
mos.
>.••••
ii
Is. 715ied.
3s. 8*4.
an
advance in the Bank rate of discount from 3 to 3J6 per
„
cent.
generally looked forward to, but at
the same time the change occasioned no surprise. There has
during the last three months been a steady export inquiry for
was
not
gold, the result of which has been that the stock held by the
Bank of
England has been depleted to the extent of about
£3,000,000. This demand, having to a large extent been for
small amounts, has not attracted the attention which it de¬
served j
the
but the export movement to Australia has brought
subject
forward
in
a
somewhat
novel
form.
The
advance in the rate of discount has
given satisfaction in most
quarters, and the effect upon the exchanges has been favorable.
Some gold has been sent into the Bank, and the New York
sterling exchange has risen to a point which leads to the con¬
clusion that if
we
shall have to
export further supplies of gold,
shall be able to draw it from countries which
we
995gd.
46s. Id.
51*6(1.
G^d.
are
indebted
us.
is by
42s. 7d
10*d,
97.886.000
Jan. 24.
Jan. 31.
Jan. 17.
Open
Bank
Open
Bank
Open
Market
Rate.
Market
Rate.
Market
Paris
3
3
Berlin
4
8*
3*
VA
2*4
2H
254
3X
3*
Amsterdam
3*
Brussels
3*
2A
2*
2*
2%
3*
3H
Madrid
5
5
5
Vienna
4
3*
4
8t.
6
6
6
Petersburg..
attributed wholly
to the Australian demand for gold. Undoubtedly, that un¬
expected movement has, as stated, exercised considerable in¬
fluence ; but it is much to be apprehended that distrust is the
more prominent cause.
The condition of our trade is very un¬
many
—
—
4
—
—
Bank
Open
Rate. Market
3
2H
3
4
2H
4
»*4
3*6
2%
256
3*
8*
5
5
3*4
4
a
0
—
—
~iST
2U
—
3
—
3*
8*
8*
8*
5
5
6
3*
4
0
6
3H
6
In reference to the state of the bullion market
daring the
past week, Messrs. Pixley & Abell remark:
Gold—The inquiry for bars has somewhat fallen off, but more sover¬
eigns, to the value of £100,000, have been taken from the Bank for
Australia. A small-shipment of £6,000, sovereigns, from Spain has
been sent to the Bank. The arrivals have been very small, comprising
only £9,276 from Buenos Ayres. The Don has taken £4,410 to the
West Indies; Rohilla, £10,000 to Bombay; Sorata, £100,000to Aus
tralia; total, £114,410.
Silver—The market has been very steady at 51<1. per oz. during the
week, the orders being almost entirely for the East. The arrivals have
not been very large, and are only £23,000 from New York and £4,090
from Buenos Ayres. The P. & O. steamer ha9 taken £100,000 to
Bombay. The Aconcagua, from Chili, may be expected to-morrow at
Liverpool with £40,000.
Mexican Dollars—About £45,000 have arrived during the week from
New York. The price since our last has been steady at 493sd. per oz.
The quotations for bullion are reported as below:
Price
Feb.
Bar gold, flne....oz.
Price
of Gold.
7.
Jan. 31.
3.
d.
a.
77
9
77
20 dwts. silver..ox.
77
Span, doubloons.o*.
73
Ger.
77 10*6
73 9*
10*6
9*6
73 8*6
70 8*6
Feb.
d.
9
Bar gold, oontaln’g
(J.8. gold coin...oz.
The rise in the value of money
45
3* p. c.
98\d.
p. c.
Batik
8. Am. doubloons. os.
to
26,126,584
33*
6
Rate.
Hamburg
prominent feature during the past week has been
An alteration
102*d.
40s. t'd.
Frankfort
5s.78d.
London, Saturday, Feb. 9, 1884
more
4.6*
4 p. C;
37s. 9<L
Interest at
[From our own correspondent, j
The
22,395,827 19,301,065
Rates of
4-89
Is. 778<1.
it
.12,955,652
The Bank rate of discount and open market rates at the
chief Continental cities now and for the previous three weeks
have been as follows:
Cables.
4 mos.
ii
11,883,372
21,230,231
Em?, wheat, av. price
9700
110-31
Sight.
5,787,202
22,049,000
9*d.
10*d.
9^d.
Clearing-House rel’n.119,107,000 108,685,000 104,396,000
12 11
25-25
25-21
u
£
25,115.355 25,895,528
0,803,119
84118,112
22,931,020 24,931,851
12,510,343 14,351,714
25,543,659 22,214,935
9,935,710 15,231,084
40-45
3^ p. c.
1013id.
liabilities
Feb. 7.
8
8
8
8
8
8
8
8
25,190,175
Mid. Upland cotton..
No. 40 mule twist
20-43*
20-44*
8 Short.
<»
8
ii
8
a
8
8 [Checks
8 3 mos.
it
8
1881.
£
Bank rate
Consols
to
S
1882.
£
Circulation..
25,034,485
Public deposits
7,790,472
Other deposits
22,174,330
G overning securities. 14,453,063
Other securities
21,410.677
Res’veofnotes & coin 12,212,501
Coin and bullion in
both departments.. 21,496,986
Proportion of reserve
Rate.
Time.
.
25*47*#25-52*i
U
Antwerp....
Latest
Dale.
Rate.
Time.
1833.
1884.
fHowetargf(Siomm&ccitil ?§iiglisli Hlenrs
EXCHANGE ATLONDON-Feb. 8.
[vol. xxxvm.
73
8*6
8*6
76
7.
d.
of Silver.
Jan. 91.
<*.
Bar silver,
flne..oz.
Barsilver, containIng 5 grs. gold..os.
51
5156
5154
Cake silver.....oz.
55
05
Mexican dols...oz.
Chilian dols
oz.
51
4956
........
gold coin...oz.
The movement in bullion
To and
oonn.
1882. "■
Great Britain's
Imports in Jan....
Exports In Jan....
during the month has been:
from all Countries.
r
£
293.234
To and from United State*.
1883.
1834.
1882.
1883.
1884
£
£
£
£
£
510,270
220,362
439,839
075
959
799
2,397.004
31,100
1,030,440
satisfactory. The Board of Trade returns confirm this remark,
SILVER.
and there are no indications of immediate improvement. There
498,584
903,570
242,799
795,844
157,705
300,845
Imports in Jan....
88
732,001
977,522
7,8041
980,051
2,350
Exports in Jan....
are apprehensions of important failures, and in nearly
every
The following figures relate to Australia:
department the greatest caution prevails. A desire is there¬
1882.
1884.
1883
£195,230
£96,109
£137,522
fore naturally shown to strengthen one’s position as far as Imports in January
400,000
Exports in January
is practicable, in order to provide against unforeseen con¬
The following was the extent of the shipments of silver to the
tingencies. These doubts about the future check business very East:
1882.
1883.
1884.
seriously, and there is no evidence at present which justifies British East Indies
£609,751
£319,350
£772,917
China aud Hong Kong
1,120
145,300
24,800
a belief that new enterprise is likely soon to be undertaken.
Japan
5,000
The following are the quotations for money and the interest
The Bank of England has given notice that it is prepared
allowed by the discount houses to-day and same day of the
to receive tenders for £2,000,000 Liverpool Corporation stock*
previous five weeks:
bearing interest at £3 10s. per cent per annum. No tender
will be accepted below £99 for every £100 stock.,
Interest allowed
Open market rates.
Tenders were received at the Bank of England on Tuesday
for deposits by
Bank BiUs.
for £1,500,000 Treasury bills.
j
Trade Bills.
The amounts allotted were i Ih
London
Joint I1**'1 Wtes
bills at three months, £1,435,000, and in those at six months*
Four
Six j Three 1 Four i
Three
Stock | At 7 to 14
Six
Months Months Months Months Months' Months Banks.'* Call. Days.
£65,000. Tenders for the former at £99 5s.will receive in fall, and
those for the latter at £98 lls. 4d., 35 percent, and above in full.
Jan. 4 3
2*@
2*@
-|2&@3 ;3 @3*3 @3* 22 I 21*L22*-2*
11 3
-2
2H®
2*@256
vm
2*@3 ,2%@3* 3
This result is equal to a discount rate of 3 and 2% per cent
2
ia 3
256@2*6 2*6®25« 2%® -**@3 ]2*@3* 3 @3*
ink -2
per annum respectively, the average rate being for three months
2
25 3
2%® -;2%@3* 3 @3*;3*@3fc
m®
2m
m 2 -2
.
—
•
-
-
■
—
-
-
•
-
*^b.
•"
1
3
2H®
8 3* 3*4®
-
-
2%@2te 3 @- 3 <33*8 <33*'8*@4 |
3*6@ - 3*(33?1 3*6@3* 3*<34 !3-*@4*
2
2
|2*-2*
bills £2 14s. Id. and for six months’ bills £2 17s. 3d.
prospectus has been issued of the London, Paris & Ameri¬
Bank (limited), with a capital of * £1,000,000, of which
showing the present position of the
Bank of England, the Bank rate of discount, the price of £500,000 is to be first issued. The bank has been established
consols, the average quotation for English wheat, the price of to acquire as a joint concern the banking business of Messrs.
middling upland cotton, of No. 40 mule twist, fair 2d quality, Lazard Fibres at San Francisco.
and the Clearing House return for the past week, compared
The Secretary of the British Iron Trade Association has dis¬
with previous years:
tributed an advance proof of the annual report, from which it
Annexed is
-
a
statement
2*4
2*4l2fc-3
A
can
March
249
THE CHRONICLE.
1, 1884.]
make of Bessemer steel ingots in the
tons, a decrease of 120,269
that of 1882. The princi¬
pal decrease in the make took place in the Sheffield district,
but this was chiefly due to the removal of the Dronfield works
appears that the total
United Kingdom in 1883 was 1,553,380
tons, or 8 per cent, as compared with
Cammell to Workington. The decline of 25,018 tons
jn the make of the Cleveland district was mainly due to labor
difficulties. The productions of South Wales and West Cum¬
berland show increases, that in the latter district being of
course due to the new works started by Messrs. Cammell. .The,
production of Bessemer steel rails was 1,097,174 tons, a reduc¬
return shows the extent of the sales of home¬
wheat, barley and oats in the leading markets of
England and Wales during the"first twenty-three weeks of the
season, together with the average prices realized, compared
with previous seasons :
SALES.
The following
grown
138,611 tons.
public sales of Colonial wool will be commenced on
Tuesday next. A leading circular says: “The circumstances
attending the consumption of wool hardly improve as the new
year wears. There is, indeed, no distinctly
move¬
ment to record, but a rather quieter tone prevails in many
tion of
The
Wheat
qrs.
Bariev
Oats
The
following
1,123,461
1,480,499
132,576
1,163,883
2,342,735
282,974
are
the
average
1
41
O
32 10
34
2
40
.
Barley
20
19 10
Oats.
18SO-S1.
908,336
1,282,145
100,228
prices for the season (per qr)t
18S2-83.
s.
d.
1883-84.
s.
d.
Wheat
1331-82.
1331-82.
1,070,180
1,242,391
143,433
18S2-83.
1383-84.
of Messrs.
1881-82.
s.
47
d.
0
33 9
20 10
9
1880-31
s. d.
.
42 8
33 6
41
3
Converting quarters of wheat into hundred-weights, the
kingdom are estimated as under:
1831-82.
1830-81.
1883-84.
1382-83.
Wheat
owt.21,522,500
19,473,500
18,550,000
15,745,000
EJ^This aggregate is arrived at by multiplying the sales in the 187
markets above by 313, and that result is reduced to cwt. by multiplying It
quarters—a fact which tends to heighten the cautious
by 413. This proportion between the 187 markets and the totals for the
Is adopted by the Eondou grain trade and is accepted by It as
assumed by almost all sections of consumers, in view, perhaps, kingdom
producing a result approximately correct.
of a rather exaggerated estimate of the forthcoming supplies
Annexed is a return showing the extent of the imports of eere&l
of new material. Other conditions, however, suggest the im¬
produce into the United Kingdom during the first twenty-three
probability of any material variation in value, among which weeks of the season, the average prices of home-grown wheat,
may be especially cited the moderate level of prices which pre¬ the sales of home-grown produce, the visible supply of wheat
vails, and the general absence of any considerable excess of in the United States, the quantity of wheat and flour afloat to
stocks, whether of manufactured goods or raw material. On the United Kingdom, and the exports for four months, compared
the whole, however, indications which are readily discernible with
previous seasons :
IMPORTS.
point rather towards weaker than stronger rates, though any
1383-81.
1882-83.
1881-32.
1880-81.
development in this direction may be less perceptible than
Wheat..
cwt. 25,923,121 29,669,622 27,922,777 27,007,825
might otherwise be the case, if the character of much of the Barley
9,280,993 9,031,238
6,801,873 7,065,136
Oats
5,7 IS,056
6,822,438
4,552,896 5,117,264
new clip should bear out the features of intrinsic superiority
Peas
827,009
1,028,835
867,962 1,261,205
which are claimed for it. The provisional programme of the Beans
758,123 1,091,678
1,250,288
1,046,129
12,424,335
6,156,237 10,912,460 15,570,003
Indian corn
first series, which will open on the 12th inst., and, as at present Flour
6,783,732
3,560,055
7,115,857
6,076,754
arranged, last till March 19, has been issued; but as the arri¬ SUPPLIES AVAILABLE FOR HOME CONSUMPTION—TWENTY-TIIREE WEEKS
1830-31.
1831-82.
1882-83.
2 883-84.
vals to date include only a total of 222,515 bales, and the list
27,007,825
27,922,777
29,669,622
will (subject to a maximum limit) remain open till the 19th Imports of wheat, cwt.25,923,121
6,076,754
3,560,055
7,115,857
6,783,732
Imports of flour
lust., -some modifications at a later period may be rendered Sales of home-grown
produce
21,522,500 19.473,500 13,550,000 15,745,000
necessary. ”
Total
54,229,353 56,258,979 50,032,822 48,829,579
In consequence of the defalcations and failure of Messrs. P.
W. Thomas & Sons, stockbrokers, the London Chartered Bank Av’go price of English
42s. 8d.
47s. Od.
40s.
Id.
41s. Od.
totals for the whole
retrograde
attitude
„
of Australia lose about £120,000.
gazetted last week was 53, against
net decrease in 1884 to date of 471, compared
The number of failures
248, showing a
with last year.
The principal
wheat for season.qrs.
Visible supply of wheat
in the U. S
bush.33,900,000
21,400,000
18,000,000
2,377,000
2,652,000
28,600,000
Supply of wheat and
flour afloat to
U. K.
2,065,000
quarters
The exports
of wheat and flour during the first four months
dealers and brokers in the American market on of the season
(September
to December inclusive) were as follows:
the London Stock Exchange have agreed that on and after Feb.
1881.
1882.
1883.
219,604
223,478
28,1884, all transactions in New York Ontario & Western Rail¬ Wheat
15,907
70,336
29,353
way shares entered into with any of them shall be for certifi¬ Flour..
of
the
imports
of
return
extent
shows the
The following
cates, with the ticket of the London committee attached, unless
wheat and flour into the United Kingdom during the five
otherwise specified.
months
of the season, viz., from September to January,
The Board of Trade returns for the first month of the year,
which have just been issued, confirm the reports which have inclusive, compared with previous seasons :
Wheat.
prevailed of the slackness of our trade. Of cotton piece goods
1880-1.
1881-2.
1882-3.
1883-4.
Owl.
Cwt.
the falling off is very considerable, viz., from 410,793,400 yards
Cwt.
Cwt.
From—
622,931
3,136,904
3,702,193
Russia
5,351,211
in January, 1883, to 341,651,300 yards last month. To the
15,523,534
13,299,656
16,241,098
United States
8,587,611
2,011,406
1,694,307
1,560,189
607,524
United States the shipments were only 7,668,900 yards against Brit. N. America
243,973
1,310,219
1,083.330
499,200
Germany
1,288
4,786
6,773
8,550,100 yards, and had it not been for a very large export to France
4,044
415,754
378,410
728,252
579,601
Chili
Brazil the results would have been quite serious. To that
156,540
51,247
378.619
565,771
Turkey & Roumanta
432,414
234,540
19,043
493,666
oountry the exports were .18,612,900 yards against 15,068,900 Egypt
1,893,554
4,835,203
6.049,412
2,864,053
British India
2,120,044
829,247
yards in 1883. To China and British India the reduction is Australasia-1
610,511
1,335,603
58,686
40,850
327,289
411,739
very serious.
In fact, nearly every branch of our trade has Other countries
25,807,499 24,511,024
suffered ; wool being the principal redeeming feature ; and even
24,300,830 27,708,502
Total
Flour.
in that department the aggregate improvement is not great,
Germany and Aus¬
the total value being £1,935,098, against£l,851,913 last year.
541,045
123,5oi>
971,661
906.462
trian territories...
144,909
103,570
71,106
70,402
France
The iron trade has also been less active, the total value of the
3,453,093
2,480,823
4,351,557
United States
4,471,181
313,946
163,580
190,501
272,310
exports being £3,073,484, against £3,601,743 in 1883. The fol¬ Brit. N. America
508.531
1,150,971
1,125,700
733,810
Other countries
lowing are the leading particulars.
1S82.
1893.
1834.
Total
6,454,605
6,710,525
3.980,059
5,604,564
£
£
Annexed
is
a
return
showing the estimated value of the im¬
20,308,659
19,352.541
19,820,683
Exports In January
35,736,846
35,645,221
Imports In January
32,019,467
ports of cereal produce into the United Kingdom during the
The trade for cereal produce has been very dull during the
first five months of the season,viz., from September to January
week, and prices are still lower. Some very good flour has
inclusive, compared with previous years :
been sold at 26s. for 280 lbs., being about the lowest price on
1880-1.
1881-2.
1882-3.
1883-4.
£12,420,092
£14,787,893
£13,905,669
XI 1,451,902
record. Wheat is cheaper to sell, especially East Indian de¬ Wheat
2,842,385
2,737,970
3,248,638
3,153,488
Barley
1,623,138
1,528,627
2,124.840
1,760,171
scriptions. The trade is in a position which causes great Oats
502,900
338,757
402,936
299,498
Peas
423,336
253,727
anxiety, as supplies are heavy and millers are buying from Beans
375,071
411,097
.
...
*
...
band
to mouth.
The following are the
corn
quantities of wheat, flour and Indian
compared with pre¬
estimated to be afloat to this country,
vious periods:
Wheat
pour
Indian
At
present.
qrs.1,830,000
oorn
262,000
168.0 JO
Last week.
1,S27.000
238,000
169,000
Last year.
2,134,000
240,000
2il,000
1882.
2,903,000
187,000
93,000
Indian corn..
Flour
Total
....
3,545.123
4.689,071
2,113,611
5,852,295
3,516,023
4,280,106
4,563,950
£25,316,350
£27,523.060
£26,427,272
£26.609,907
3,204,264
English Market Ileports—Per Cable.
daily closing quotations for securities, &c., at Loudon
and for breadstuffs and provisions at Liverpool, are reported
by cable as follows for the week ending February 29 :
The
250
THE CHRONICLE.
London.
Silver, per
Sat.
d.
51%
Consols for money
Consols for account
Fr’ch rentes (in Paris) f r.
U. S. 4%s of 1891
U. S. 4s of 1907
Canadian Pacific
Chic. Mil. & St. Paul
10L%»
oz
3.1278—Thlieo
....
Erie,
common stock
Illinois Central
Pennsylvania
Philadelphia & Reading.
New York Central
56%
94%
27
1304
01%
30%
1194
Sat.
Mon.
d.
9
7
0
8
3
3
11
8.
11
8
8
9
8
8
7
5
5
73
40
95
49
71
5%
2%
0
6
0
3
0
Lard, prime West. # cwt. 49
Cheese. Am. choice
70
Wed.
Thurs.
514
Tues.
d.
9
7
0
8
3
8.
d.
9
7
O
8
Fri.
514
51%
10U46 101%
10134
70*32% 70-32%
115%
11538
126
126%
56
564
94
93 4
27
264
135%
135%
61%
61%
30
30%
{1184
118%
120
30
8
Cal., No. 1
“
7
“
Cal., No. 2
5
Corn, mix., old
“
5
Corn, mix., new
“
Pork, West.mess..# bbl. 73
Baoon, long clear, new.. 10
Baef, pr. mess, new, $ to. 90
514
115%
119%
Flour (ex. State)..100 lb. 11
8
Wheat, No. 1, wh.
“
8
“
Spring, No. 2...
9
Winter, South, n
“
8
Winter, West., n
“
51 ® i <»
70-45
50%
94%
27%
1364
61%
s.
Tuts.
10U%6 101%
I0U516 1014
1014
70-25
115%
120
Liverpool.
Mon.
10134
76-27% 70 3i%
15 5 %
115%
12 )%
120%
55
55%
92
914
20
25%
1314
13334
00%
60%
29%
294
118
117%
Wed.
Thurs.
d.
9
7
s.
11
11
8
8
8
O
8
9
9 8
8 4
8 4
3
8 3
8
3
11
7 11
7 11
5% 5 5% 5 5%
2
5
2
5 2
O
73 O
73 O
6
46 6
46 0
O
95 0
95 O
49
3
49
0
0
0
71 0
[71 0
10111(5
10Ul,o
8.
11
8
8
9
8
8
7
5
5
73
45
95
49
71
Fri.
d.
9
7
0
8
4
3
11
s.
d.
9
7
0
8
4
11
8
8
9
8
8 3
7 11
5% 5 5 %
2
5
1%
0
73 0
0
45 0
0
95
0
0
48 3
0
71 0
Of the above imports for the week in
1884, $6,560 were
American gold coin and $2,800 American silver
coin. Of the
exports
during the
same
time $2,554
were
American gold coin.
Bank Currency Bill as it Passed the
Senate.—The follow¬
ing is the text of the McPherson Bank Currency Bill with the
amendment of Mr. Morrill, which passed the Senate
last
Mon¬
vote of 43 yeas to 12 nays.
A bill to provide for the issue of
circulating notes to national
banking associations:
Be it enacted by the Senate and House of
Representatives of
the United Spates of America in
Congress assembled, that
upon any deposit, already or hereafter made, of
any United
States bonds, bearing interest in the manner
required by law '
day by
a
“
“
any national banking association making the
entitled to receive from the Controller of the
same
shall be
Currency, circulat¬
ing notes of different denominations, in blank, registered and
countersigned as provided by law, not exceeding in the whole
amount the par value of the bonds
deposited; provided, that at
no time shall the total amount of such notes
issued to any such
association exceed the amount at such time
actually paid in of
its capital stock; and that all laws and
parts of laws inconsistent
with the provisions of this act be, and the same
are,
repealed.
hereby
“Sec. 2. That the associations
organized for the purpose of
issuing notes payable in gold under the provisions of section
5,185 of the Revised Statutes of the United States upon the de¬
any United States bonds b^ar.ng interest, with the
Treasurer of the United States, shall be entitled to
receive
circulating notes to the amount and. in the manner prescribed
in this act for other national
banking associations.
Sec. 3. That all laws and parts of laws of the United
States
inconsistent with the provisions of this act be, and the same
are,
posit of
©otumcvctal aucl IJ&tscellauecrus
National Banks.—The
[Vol. xxxvin.
following national banks have lately
been organized :
3,12G—The First National Bank of St. Paul, Neb. Capital, $30,000.
Addison E. Cady, President; George E. Lean, Cashier.
Merchants <fe Farmers National Bank of Shakopee, Minn.
Capital, $50,000. Johan B. Confer, President; John M.
“
hereby repealed.”
New York Central & Hudson River.—The report of this
Company made to the New York State Railroad Commissioners
Schwartz. Cashier.
for the quarter ending Dec. 31, 1883, gave the
following figures.
Home Natioual Bank or Holyoke, Mass. Capita1, $250,000.
is no comparison to be made with the
There
James II. Newton, President; Edwin L. Mann, Cashier.
previous year, as
The First National Gold Bank of S m Francisco, Cal., was converted
no report of monthly 02
quarterly earnings has ever been pub¬
into a currency bank Feb. 25, 1881.
lished for 18S2. Gross earnings, $7,914,128 ;
operating expenses,
The Third National Bank of Nashville, Tenn., went into
voluntary $4,435,799 ; net
earnings, $3,478,328.—Charges—Interest, $826,liquidation Feb. 20, 1884.
617; faxes, $323,750 ; rentals, 4S9,633 ; total, $1,641,000. Ap¬
Imports and Exports for the Week.—The imports of last
plicable to dividends, $1,838,328. The charge for dividends
week, compared with those of the preceding week, show an in¬
was $1,7SS,609, which leaves a
surplus of $49,719.
crease
in dry both goods and general merchandise.
The
Spring
Mountain
Coal.—This
total imports were $9,645,261, against $8,639,982 the
company has bsan leased for
pre¬
ceding week and $7,460,042 two weeks previous. The exports ten years to the Lehigh Valley Company, which pays a fixed
annual royalty amounting to about 7 per cent on the stock.
for the week ended Feo. 26 amounted to $5,264,4S2
against The lease
expires in December, 1884, and it is said will either be
$6,394,219 last week and $5,773,340 two weeks previous. The
following
the imports at New York for the week ending
(for dry goods) Feb. 21 and for the week ending (for general
merchandise) Feb.‘22; also totals since the beginning of fhst
are
week in January:
FOREIGN IMPORTS AT NEW YORK.
For Week.
Dry goods
Uen'l mer’dise..
1881.
1882.
$1,033,407
7,273,939
$4,190,820
1883.
1884.
$2,149,123
4,777,992
$3,863,284
renewed at 5 or 6 per cent guarantee, or the stock will be called
in and bonds issued for it.
Toledo Cincinnati & St. Louis.—A press
dispatch from In¬
dianapolis, Ind., Feb. 26, said: “ In the foreclosure suit against
the Toledo Cincinnati & St. Louis Railroad
Company, on argu¬
ment before the United States Court,
attorneys were granted
ten days to consult with their clients before
any order Will be
entered.
Joint action on the part of the court was made neces¬
sary by the fact that the road extends through the districts of
Judges
Drummond and Baxter, and the rolling stock is under
$8,907,340 $11,175,252
$6,927,115
$9,615,264 the
jurisdiction of each. Among the claims is one of $2,000,000
Dry goods
$19,280,842 $25.3 >9.115 $22,573,461 $23 108.730 for rolling stock.
The holders of the equipment bonds have
Gen’l mer’dise..
40,919,933
51,100,938
47,152,140
41,882.059 no other security than the liens upon the
equipment of the
Total 8 weeks..
$60,200,775 $76,459,053 $69,725,601 $67,930,789 road, and as the receiver was appointed and took possession of
the same, and has since made no payment for the use of it, the
In our report of the dry goods trade will be found the
imports bondholders are anxious to have some adjudication defining
of dry goods for one week later.
their rights.”
j
The following is a statement of the exports (exclusive of
—The attention of the cotton trade is called to the notice in
specie) from the port of New York to foreign ports for the our
advertising columns to-day <>f a change in the old and
week ending Feb. 26, 18S4, and from January 1 to date :
favorably
-known firm of Messrs. Ware & Schroeder, by the retire¬
FROM
EXPORTS
NEW YORK FOR TUB WEEK.
ment of Mr. H. H. Ware.
The new firm, will be composed of
Mr. G Sehroeder, the remaining partner, and Mr. H.J.
18S1.
1882.
1883.
1884.
Creigh¬
0,984,432
5,781,980
Total
Since Jan. 1.
.
FPrthe week...
Prev. reported..
$8,528,255
49,941,040
$5,905,15 4
45,2S8,050
$5,909.49 >
49,168,023
$5.76 1,432
ton, who has been for many years with the old firm.
These
gentlemen are reported to have ample means and facilities for
43,240,885
conducting the business to the satisfaction of the friends of the
Total 8 weeks..
$58,472,295 $51,253,210 $55.078.113 $48 505.367 old houstras well as any new ones who may wish their services.
The new firm will be known hereafter as G. Sehroeder &
Co., and
The following table shows the exports and imports of specie
will give special attention to the execution of orders for the
at the port of New York for the week ending Feb. 21, anl since
pur¬
chase and sale of contracts for future delivery of
Jan. I, 1884, and for the corresponding periods in 1883 and 1832.
cotton, and.
make liberal advances on consignments.
Mr. Ware recommends
EXPORTS AND IMPORTS OP SPECIE AT NEW YORK.
Gold.
Exports.
Week.
Great Britain
France
Imports.
Since Jan. 1.
$139,202
$148,012
Week.
$
Germany
West Indies
Mexico
S mth America
AU other countries
Total 1384
Total 1883
Total 1832
Silver.
Great Britain
France
German/
West Inlies
Mexico
8rmth America
2,500
$
7,977
14,491
53,005
44 280
47,407
32,75 4
3,000
54
$111,810
29,500
$228,203
$10,977
4,575
$! 12 382
450,075
•40,70;
332,592
1,525,000
$383,700
03,050
6,82 S99S
$2,330,754
------
$
$
134,936
37,052
8,190
1291800
52,937
575,339
33,715
47,520
All other countries
Total 1884
Total 1883.
Total 1882
Since Jan. 1.
23.190
6,000
$338,700
$2,546,925
382.138
$61,127
2.134.243
$771,141
209,975
134,503
583,586
1.960,743
41.767
255.742
his old friends to the new firm and will in future have his office
and address with them.
—The Maine Savings Bink of Portland,
Me., publishes its
annual statement in excellent form, showing
every item of its
assets and the valuation put on the sam^, the total
showing a
surplus above all liabilities of $593,212 over and above the
amount due depositors, including the earned dividend
payable
in January.
Auction Sales.—The following, seldom or never sold at the
Stock Exchange, were sold at auction this week
by Messrs.
Adiian H. Mailer & Son.
3
2
10
7
200
100
Sh ires.
Pacific /Janie
172
Park Fire Insurance Co.. 108
Paterson A; IIiul. 11R. Co. 153
Ilousatonic 11R., common 10
Manhattan Gas-JL. Co.27214>7)i2
Ilariem Gas-Liglit Co..*..121 %
6
Metropolitan Gas-L. Co..238%
ICO Metropolitan Trust Co. of
123
25
20
5
10
New York
125
Union Nat. Bank...173^1744
Pheuix National Bank... 108%
Continental Fire Ins. Co.239 4
Home Insurance Co
140%
Consumers Ice Co
65
Slaves
Bucking Wo«*l Sc Loa’rCo.
$1
Qiiidrup ex Gold A Silver
Mining Sc. Tunnel Co
$2
75 Bronx Wool Sc Lcath’rCo.
$71
7
100
1,000 Colorado Prince Gold &
Silver Min’g & Mill’gCo.
$5
lion <is.
$3,50 > City of Paterson, N.
J.. (>-!. due 1-87
105
$10,000 Nevada Central Rail¬
way Co. 1st 0s, due 1904 87
$1,000 City of Ashland, Ky.
bond
$20
Mabch
THE
1, 1884.]
%\xt j$awkepsr (gazette.
OfV
I
D E IN
Per
Cent.
Name of Company.
Railroads.
Chic. Bur.
& Quincy (ipar.)
Chic. Mil. & St. Paul, com.
Chic. & No. West , pref
Chic. St. Paul Min. & Om.
Missouri Pac. (quar.)
North Carolina
NEW
YORK.
& pref.
(quar.)
......
Books Closed.
When
2
Mar.
3*3
Am*.
o
Mar.
Apr.
1*4
Apr.
3
Mar.
posted rates on Friday, the 29th. were consequently 4
90^, the rates for actual transactions on the same day
being as follows, viz.: 60 days, 4 861^@4 87; demand, 4 89}£
@4 89;U; cables, 4 90@4 90}4.
Commercial bills have con¬
tinued comparatively scarce, and are from 34 to % higher at
4 85@4 85n4.
Quotations tor foreign exchange are as follows, the prices
being the posted rates of leading bankers:
and 4
D S.
Payable.
251
CHRONICLE.
(Days inclusive.)
15 Fel). 27 to
15 Mar. 25 to Apr. 16.
21 Mar. 9 to Mar. 25.
21 Apr. 1 to Apr. 22.
1 Mar. 23 to
.
.
1
FRIDAY. FEBRUARY ‘29, 1SS1-5 P. M.
Market and Financial Situation.—Within
week there have been some indications of the begin¬
ning of “ spring trade,” and the daily customs collections at
the New York Custom House have more than doubled since a
week ago. There has also been some improvement in the sit¬
uation of industrial affairs, one item of which is that the strike
among the factory operatives at Fall River is gradually break¬
The Money
the last
ing up and some of the mills have resumed work. The gen¬
eral status of mercantile credit seems to show constant im¬
provement, and though prices are low and profits unusually
small, business is on a sounder and safer basis than at any pre¬
vious tim£ for a couple of years.
The question of the payment of the Clearing House
of the New York Sub-Treasury in silver certificates has
some further discussion among the bankers and Treasury
balances
had
offi¬
cials, and although there is no present purpose to make
such payment, the discussion has developed the facts that just
about 25 per cent of the customs collected at the New York
Custom House are paid in silver and silver certificates, while
on the other hand the Clearing House balances of the New
York Sub-Treasury are paid, under the rules of the Clearing
House, exclusively in gold and legal tenders ; and the effect of
is to diminish the Treasury's gold supply.
During the nine days to the evening of Friday, the 29th, the
total withdrawals of gold from the United States SubTreasury in New York were $5,105,000, nearly the whole of
which was in double-eagles.
Up to the same time the total
Sixty Days Demand.
Fcbruai'y 29.
Prime bankers’sterling bills on
Prime commercial
Documentary commercial
5 167s
Paris (francs)
Amsterdam (guilders)
Frankfort or Bremen (reichmarks)
continue firm.
The aspects of our foreign trade continue unfavorable in
the facts that exports of domestic products are steadily dimin¬
ishing, while imports, for the time being at least, are rather
large.
There seems to be no symptom of change in the stagnant
condition of our American money markets. The higher rates
of interest in London than in New York are favorable to the
movement of capital in that direction in the form of gold
exports, and are unfavorable to the purchase of American
securities on foreign account. In the New York market the
rates for call loans on stock collaterals have not varied from
VA and 2 per cent in the last week. Time loans on similar
collaterals can still be had at
Mercantile
per cent.
discounts remain unchanged at 4 and 4}4 for first-class
double-name paper for GO days or 4 months and at 4}£ and 5
for single-names.
At the West the supply of idle money is
larger than ever known before at this season of the year, and
notwithstanding the unusually large accumulation of grain
and provisions at Chicago, which is all being carried by the
banks, money is plenty for further loans at 5 and 0 per cent.
The last weekly statement of the New York banks showed
a decrease in all items, but the surplus reserve still remains
very large, viz., $19,761,350, as compared with only $1,209,000
last year, and as compared with a deficiency of over $1,000,000
at the same dates in both 1882 and 1881, thus reflecting the
present abnormally plethoric condition of the banks and the
stagnation in the money market.
The great foreign banks have all gained in specie by their
last weekly statements, a fact, which reflects the dulness of
trade, as this specie has been drawn in chiefly from the local
circulation.
The Bank of England's weekly statement
showed an increase of £240,000 in specie.
The percentage of
reserve
increased to 40;8 from 40 13-16 last week. The
Bank rate of discount was left unchanged at 3}■£ per cent.
The Bank of France recorded a gain of 2,650,000 francs in
gold and a loss of 50,000 francs in silver for the week. The
Bank of Germany in the week gained 6,780,000 marks. ■
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks.
1384.
Feb. 23.
'.Ditfer'nces fr’n\
J previous week, j
1883.
Feb. 2 4.
j
1 c82.
Feb. 25.
fieserve held.
D e $1,370,400! $325,391,G00 $325,034,900
55,753.3.0
58,501,300!
453,606
Dec.
1G.498.70( 1
20,066,700
173,30’' !
Dee.
Dec. 2,161,206: 309.275,200! 297.790,300
20,023,500! 17,260,7(0
Dec.
336,900!
$50," 45.05 ‘ Dec. $5 n .010 $77,318,800! $74,447,575
790,500!
110,106,460 Dec.
78,527,300j 73,014,500
8urplus
$19,7 61.350 DC3.
Loansanadls. $344/ 23,800
77.8 66,200
Circulation...
14,3 61.900
361.3 30.200
Net deposits
32/2 40,2 0
Legal tenders
Specie
.
Legal reserve.
*
$219,450;
$1,709.00
j
*$1,433,075
Deficit.
Exchange.—Sterling exchange lias been firm throughout
and the 60-day rate was advanced
point. The
the week,
90*s
5 14*8
40*8
96
,
4<>6i
95i4
United States Bonds.—Government bonds have been al¬
without variation in price, except that the threes now
stand at 101 bid, against 100% a week ago.
The closing prices at the N. Y. Board have been a3 follows:
most
Interesl
‘Periods.
Feb.
27.
Feb.
26.
Feb.
28.
Feb.
29.
11 5h 1135s *113ic
reg. Q.-Mar. *113*2 *113^ 1135s
*1145s *1145s
Q.-Mar. 11458 11458 *11458 *1145h
*
Q.-Jan. *1237s *1237s *1237e 1 2378 *T2378 *1237«
4^8,1891
4^8,1891
4s, 1907
coup.
reg.
coup.
1907
4s,
3s,
6s,
6s,
6s,
Feb.
25.
Feb.
23.
option U. 8
reg.
cur’oy, ’95 — reg.
our’oy, ’96—reg.
cur'oy, ’97—reg.
6s, our’ey, ’98
reg.
—
6s,cur’oy. ’99
123 7s I237s
*100 4; *101
*129
& J. ‘129
*131
& J. *131
133
A J. *133
Q.-Jan.
Q.-Feb.
J.
J.
J.
J.
reir. J.
*
& J. *135
A J. *137
*135
*137
*1237s
*101
*129
*131
*133
*135
*137
12 3 78
*101
*129
*131
*133
*
1 35
*137
1237e' 123 7a
*101
*129
*13L
*133
*135
*137
*101
*129
*131
*133
*135
*137
bid at the moanin' board; no sale was made.
U. S. Sub-Treasury.—The following table shows the receipts
and payments at the Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week:
*
This is the price
Balances.
Date.
Receipts.
Payments.
course
shipments of gold, including the engagements for $1,000,000
to go by the steamship Adriatic on Saturday, the 1st, have
been nearly two millions.
It is understood, however, that
some of the withdrawals from the Treasury were made with a
view to exports later on if the market for sterling should
4
4 67*3
4 86
4 85*4
London
$
10,31.393 69
2,Os3,719 68
Feb. 23..
“
“
*•
“
“
25..
26..
07
*3,545.842 92
tl.336,960 49
28..
29..
1/259,404 97
895,214 57
Total
10,152,536 32
...
Coin.
Currency.
$
$
925.390 83 110,282,461 73 S.234.151
1,3 79,026 17 119,778,0*25 80 8,4 43,280
1/033,308 67 120,323,750 37 1 0.410.084
1,621,461 46 120,336,733 12 10,112,598
368,916 25 120,637,959 10 10,701,866
674,112 95 120,718,387 90,10,842,539
49
93
Cl
89
63
39
6.002,219 33
Includes $2,000,000 U. 8. notes received from Washington.
t Includes $13,000 gold certificates put into cash.
*
Bonds.—The firmer tone noted a week
railroad bonds was pretty well sustained
early in the present week. But during
the last few days it lias been influenced more than usual by
the decline in the stock market, the result of which is that
the majority of issues show a decline as compared with the
closing prices of last Thursday, the 21st. There has also been
more evidence of activity in some of the speculative issues,
and this is especially noticeable in the West Shore 5s, which
have fluctuated between 53)4 and 57, with increasing daily
transactions until Friday, oh which day they were nearly
$2,850,000. The following are the net changes in the principal
issues on Friday evening, the 29th, as compared with the
closing prices of the 21st, viz.:
Declined—Burlington & Quincy debenture 5s, 1%; Chesa¬
peake & Ohio firsts, series B, 1; do. currency 6s,
Denver
& Rio Grande consols, 1; Denver & Rio Grande Western firsts,
34: East Tennessee incomes, 1; Erie second consols, 34: Louis¬
ville & Nashville general mortgage 6s, %\ New York Chicago
& St. Louis firsts, %; Rome Watertown & Ogdensburg 5s, %;
Texas & Pacific land grant incomes, DJ; do. Rio Grande Di¬
vision firsts,
Wabash general mortgage 6s, 4. and Fort
State and Railroad
ago in the market for
for two or three days
Worth & Denver City 6s. 3Z.
Advanced—Evansville
Haute Gs, IJb i Indiana Bloomington & Western
& Terre
seconds, 1;
Jersey Central debentures, 2; Lehigh & Wilkesbarre consols
assented, 1%; Metropolitan Elevated firsts,
and do. sec¬
onds, %.
Railroad
and Miscellaneous Stocks.—The stock market
past week lias been unfavorably affected by a variety
influences, viz., the beginning of exports of gold, the
for the
of
agitation of the silver question, the rumors of rate-cutting at
the West, apprehensions of hostile legislation by Congress in
regard to the land-grant roads, &c,, &c., all of which has
deterred the general public from investing freely, notwith¬
standing the prevalent belief that dividend-paying stocks are
as
a rule quite low at present prices.
But the most telling
influence used against the market lias been the report that
leading operators like Mr. Gould and Mr. Vanderbilt had
sold on Tuesday, Wednesday and Thursday a good many of
the stocks they had accumulated during the previous month,
in the endeavor to advance prices.
This was the immediate
cause of a decided decline of from 1 to 7 per cent on all the
active speculative stocks up to Thursday evening. But on
Friday afternoon the belief gained ground that the bull party
had not yet abandoned their project of advancing prices, and
there
active
As
a sharp recovery, which, however, still left the
stocks from 1 to,.5 per cent lower than a week ago.
was
compared with last Thursday, Pacific
Mail, Spring Moun¬
tain Coal and Manhattan Elevated show the largest advances,
while Chicago Burlington &. Quincy,
tral Pacific, Denver & Rio Grande. Lake Shore,
Central. Missouri Pacific, New York Central, Western Union,
Union Pacific, and the stocks of all the Northwestern
show the heaviest declines.
Canada Southern, Cen¬
Michigan
roads,
THE CHRONICLE.
252
[vol* xxxvm,
NEW YORK STOCK EXCHANGE PRICES FOB WEEK ENDING FEB. 29, AND SINCE JAN. 1, 1884.
HIGHEST
STOCKS.
Saturda
Feb
S'
AND
Monday,
Feb. '2.0.
Feb
PRICES.
LOWEST
.'S':
Feb.
Sales of
the Week
Friday,
27.'
(Shares)
Feb. 29.
Feb. 28.
For Pull
Year 1888.
Range Since Jan. 1,1884.
Lowest.
Highest.
Low.
High
RAILROADS.
Atchison Topeka <fe Santa Fe..
Boston A N. Y. Air-Line, pref.
j
-------- - - - -
82 Hi 82%
Burlington Cod. Rapids A No.
Canadian Pacific
Canada Southern
Central of New Jersey
Central Pacific
Chesapeake A Ohio
Do
Do
1st pref....
2d pref
Chicago & Alton
Chicago Burlington A Quincy.
Chicago Milwaukee & St. Paul
653b
65*4
89*4
61*9
55 V|
56 !
89%
62%
82 Hi
82 Hi!
82 Hi
82 Hi
82 Hi
82 Hi
55
553b
55 V'
5434
55
5434
88 Hi
55*2
89 Hi
62
55
64 »0
55 Hi!
64
54V
88V
GOV
613b
*14
14V1 14
*25
20 V *20
*10
17*2 *10
135 V 130
89*9 89Hi
.
.
pref.
Do
Chioago 8t. Paul Minu. A Om.
pref.
Cleveland Col. Cinn. A lud—
Do
32*2
94 Hi
*03 V
32 Hi
95
05
138
Cleveland A Pittsburg, guar.. *138
Columbus Chic. A Ind. Cent..
Delaware LackawannaAWest. 131H213214
1934 1934
Denver A Rio Grande
7%
734
East Tennessee Va. A Ga
pref.
Do
*1314
49 V
Evansville A Terre Haute
Green Bay Winona A St. Paul
Hannibal A St. J oseph
....
pref....
Do
Harlem
Houston A Texas Central
Illinois Central
Do
leased line 4 p.c.
Indiana Bloomingt’n A West’u
Lake Erie & Western
Lake Shore
Long Island
Louisiana & Missouri River
1293s 132
12934 13130
20
20
1934 20is
7 Hi
7 Hi
7%
7=8
13 ' 13
13 V 13V
*193
*40
-133
17
200
45
133Hi
17%
*16V 18
103 Hi 104
71*2 71 Hi
133
133
*84 *2 86
*17
18
*16 Hi
18
10234 103 H2
7L
71 Hi
102^0 104
*71
72
48%
50 Hi
90
60 Hi
20 Hi
*90
93
Milwaukee L. 8b. A Western.
Do
prof.
pref.
*33
*17
*34 Hi
21=0
9334
Missouri Kansas A Tex >8
Missouri Pacific
*9
Mobile A Ohio
Morris A Essex
48 Hi
48 V
*40
131V 131V 130 '
*84
84
86
1
16 V
16 V
16
*10
17
i
100 *4
1017e 103
72
*70 V
*71
45
I634!
41 Hi
Oregon A Trans continental..
Peoria Decatur A Evansville..
Philadelphia A Reading
Pittsburg Ft. Wayne A Cliic..
Ricli.AAllegli., st.’k trust ctf’s.
Richmond A Danville
Richmond A West P’tTennT.
Rochester A Pittsburg
St. Louis Alton A Terre Haute
Do
pref.
St. Louis A San Francisco
Do
pref.
I)o
1st prof.
St. Paul A Duluth
Do
pref
St. Paul Minneap. A Manitoba.
Texas A Pacific
Union Pacific
Wabash St. Louis A Pacific...
Do
pref.
MISCELLANEOUS.
American Tel. A Cable Co
Bankers’ A Merchants’ Tel
Colorado Coal A 1 t on
Delaware A Hudson Canal
Mutual Union Telegraph
New York A Texas Land Co.
Oregon Improvement Co
Oregon Railway A Nav. Co
Pacific Mail
Pullman Palace Car Co
Quicksilver Mining
pref
Telegraph
2134
47 *4
*2 34
22
20
58=4
58=4
58
90
57*4
59
*91
*56
20 Ha
5334
20 34
91 >4
59
20 34
93
93 Hi
*90
92 *2
95
93 V
*90
18
30
2134
94
10
*33 Hi
>17
*92 V
*34
17
*34
34»4 3434
2130 22 Hi
92=8 93»4
9=0
9%
125
93
00
.
21V
92 V
*9 V
35 V
*34**
36
-16 V
17 V
92
21V
93 V
10
2178
47 Hi
3
20*4
15 Ha
*5%
88=0
115V
116V 118V
121V
11
32
29»4
92
63
.138
7
*12
00=8
278
19 7b
14 Ha
58 70
21 7e
47 *2
3
217a
47.
270
22=0
20 V
14 V
59 V
20 34
1434
00 'Vi
59 7e
29
15 '4
50
99
21
4 3 Hi
SO Hi
*9 5 Ha
20 7s
82 *4
21i8
Ho *4
17*4
9834
17 Hi
28 V
147e
*44
*9 4
95 V
21 *4
80 Hi
17'4
28 V
59 V
125 *4 125 ‘4
13
15 Hi
tlll^ 114
29
15 '-4
50
99
22V
4734
270
21=0
23
23 V
21V!
14 V|
60 V
57 *
29 V
57
29 *2
95
'57
60
40 V
18
56
92
58
20
*90
90
100
92
14 V
143.1
*47 V
*94
*20
*41
*8.7
50
99 Hi
22
43 V
90
47
Vj
82
17 V
28 V
21 *8
21
S0=i
10=8
27=4
821/
=4
17=8!
28%
59 V 59 V
25
125 Vi
15 V 16=4
59 V
10V
10V
0
*15
6
17 V
7
28
70V
70V
*2*934!
47 V1
3 I
23 Vj
43>J
87,'!
21V
79=4
16 ‘-J
80
10
27 V
27=4
V
Vj
1
1.25*’ i25V;
-
10
20 =4 j
18 V
13 V
58 V|
56%
4
28
11 V
47 V
94
*20
14
50
99 V
23
43 V*
87
V|
*40 V
87
43
*87
91
19 V
76 V
15
93 4
20 Vj
19%
79=4
77=8
10 v
20 V
16 Vi
27=4'
25=4
r
Wells, Fargo A Co
*130
132
96 Ha 97
60
00
*110
115
‘129
*96
*58
‘111
620
26,700
600
3,310
1*9*00
10V
6
17
45
94
50 V
76=4
,
42=4
9234
50 V
44
0
0
30
*0
*25
8
30
76 V
#75V
70 V
91
92
93 V
50
51 V!
51V
108 V 108 V 107 V 109
*24
76 V
132
98
60
115
‘129
132
96 V 97
-58
00
*110
114
>129
95
58
*110
132
90
58
115
42
20 V
46 V!
3
22 t,]
!
19=4
13 v!
58 Vj
28V
14 V!
47 V
91
23
43
90
92 V
20=8
7s V
10
27
,
15 V
12,522
74
0
30
,
15 V:
200
128
95V
59=4
*110
*128
96
60
*110
12934
95 V
5934
115
Chicago A Alton, pref
Columbia A Greenville, pref...
Danbury A Norwalk
Dubuque A Sioux City
Ohio A Mississippi, pref
Oregon Short Line
13
11
13
13
80V
22
22
New Central Coal
Pennsylvania Coal
♦These
are
the
Jan.
16=4 Jan.
Jan
Jan.
66 V Jan.
12 V Jan.
Jan.
176
87h Jan.
10 V
105
14 V
122 V
38
78 V
72,682
131
37
470
55
96
60
114
56
105
13
300
**23
22
*4*5*2
*265
34
*265
34
34
40
10
*265
39
10
4*6
*9
*265
39 V
V
price-; bid and asked; no sale was mado at the Board.
11
*4*4*
*9
*265
43V
t Lower
11
48
I
10
*205
10
200
43
47
21*6*30
price is ex-divideud.
84
.
84V
58
13
25
58 V
68
53V
12V
30V
1634
33
19V
86
10
90
53
55
95 V
100V
18
48 V
30V
68V
34 V
106 V
19V
120
129V
60V 64 V
111V 129 V
7
15V
1334 35
90
105
8334 89 V
26 7, 40V
72
83
3
17V
7
52V
188
15V 29V
169
21
7
28
16
4
86V
38
80
38
32
76
77
10
35
26
6
5
28
7
35V
13V 33V
92 34 114 V
6
7
7
7
lov
46V
97V
77
30
25
15
75
4V
14
,
10
8%
21V
18
! 32
49V
23 V 53V
4934 90V
2
21
7
29 V
12
14 V
36V
14V
89
28
27
61V
129V 138
11
14
15
4
29
5
13
29
5
4
15V
47
72
21
39
14
23
85
35
103
80
20 V 36V
40
59 V
87
100V
23
9j
26
7
11
10
7
5
46V
33
40V
97 V
90
94
169V
17 V 43
70 V 104V
36 V
15
29 V 57V.
69 V
57
11SV 140V
21
17
4 114
16
17%
T 170
00
65 V
26 112
21
51%
IS 117
21
6V
21
32 V
18
78 V
39 V
14
Feb. 25
Feb. 11 102V 112V
25
15
Jan. 10
125
55
Feb. 9!
50
91V
Jan.
7
150
90
J an. 28
28
Feb. 26
44V
7 112V 134
Jan.
5
9V
Feb. 11
30
46V
Feb.
5
m 88 V
Feb. 16
Jan. 31 132
Jau.
3 101
3
Jan.
61V
23
Jan.
115
Feb. 12 126 V 135
94 V
88
2
Feb.
Feb.
7i 55V 65 V
128
113
Feb.
Jau.
Jan.
Jan.
Jan.
J an.
Jau.
40=4 Jan.
103 V Feb.
4 v J an.
25 V Jail.
71V Jan.
128
91
65
113V
124
17 V
Feb. 9
Feb. 16
Feb. 14
16
57V
200
82 V
148
40=8
0 I =8 Jan.
8
57=4 Feb. 21)
O
19=8 Jan.
120=4 Feb. 29
2,955
3,500
200
100
45
6
38
72
190
50
Feb. 11
Feb. 7
Jan. 29
Jan.
5
24%
Jan.
9
Feb.
11
Feb.
Jan.
150
33
Feb.
50
Jau.
76V Jan.
90
Jan.
Jan.
Feb.
19=4 Jan.
15
142
20
9
Virginia Midland
Homestake Mining Co
Spring Mountain Coal
Feb.
1
Rensselaer A Saratoga
Rome Watertown A Ogdensb.
r
59
11
167
11V 23
Feb.
85
255
75
80V
22
14 V Feb.
51
Jan.
8 V Feb.
95
137 V
124V 142
IV
7*4
111V 131V
21V 51V
4 V 11V
92
2,835
5,284
33
30
91
64
25=8 Jan.
8 V Feb.
221127
19! 56
17:118V
22 10V
21! 2034
90
88
116V 127V
10V 22
96 V Feb.
68
Jan.
139
Jan.
2
Jan.
132 V Feb.
-
q.>>>
134
13 V Jan.
35
Jan.
34 V Jan.
*
9 5’005
128
12634 Feb.
21
25
86
11534 129V
9134 108V
115
122V
115V 140V
119
Feb.
124
Feb.
149 V Feb.
21! 23VJan.
84V
23V
35V
14V 27
Jan.
69
132
11
13
23
j
INACTIVE STOCKS.
Albany A Susquehanna.
Cedar Falls A Minnesota
Central Iowa
61
Jan.
Feb.
140V Feb.
12734 Feb.
94 V Jan.
Jan. 22|
Jan. 21;
Jan. 23 i
V Jan.
8VJan.
1,200
63,340
100
68V
15
28
17
91V Feb.
15
28% Jan.
511
16
70
Jan.
20 -17 V Jan.
1,200
5
15 180
Feb.
16
1,750
16V Jan.
55
3 V Jan. 24
(J
Feb.
13
Jan. 18 18 V Feb.
100
Jan. 29
11
10
Feb.
100
35 34 Feb.
7 42
Feb.
3,765
18=4 Jan. 26 27 Jan.
36,502
40 V Jau. 23
57% Jan.
2
1,080
Jan.
3 V Jan.
;T
2,500
21% Feb. 5 24=4 Jan.
7
Jan.
8 V Jan.
66,775 1 16=8 Jau. 24 34 % Jan.
0,235 1 1:1 Jan. 21
17
Feb.
244,510 51V Jail. 24 60 % Feb.
17 131
Jan. 23 134 V Feb.
150
Jail.
9
4
O
J an.
105
52 V Jau. 16
61
Feb.
20 V Jan. 10
2,900
32
Feb.
0,43 5
18
J
an.
16
13=8
V Feb.
100
40
Jan. 15
47 V Feb.
200 ! 88
Jan.
3
90
Feb.
Jan. 16
20
22 V Feb.
*200 i 37 V J an. 20 43 Feb.
81 V Jau. 3!
J an.
90
29 V Jan. 18
32=4 J an.
89 V Feb. 10
90
Jan.
Jan. 26
5,570
84
99
./an.
Jan. 19
15
37,195
22% Feb.
O
339.591
09 V Jan.
84 % Feb.
5,000
12 V Jan. 21
19=4 Jan.
21
24
Jan.
7,900
32
Jan.
V
49 V 51
106 V 108
*5 V
7
*25
30
73=4
75=e
Jan.
07V Jan.
Feb.
Jan.
Feb.
110
200
400
•j
107 V
48V 65V
47 V 71V
42=4 Jan. 21 50
18
Feb. 281 35
46
24*4*5*i
*7*14
51V
Jan.
Feb.
Jan. 19
J an.
4
Feb. 13
Feb. 12
Jan. 5
Jan. 7
Feb. 21
Feb.
9
lOVJan.
42,610
85 V Jan.
200
8 V Jan.
290 1‘21V Jan.
43
90 V
43
87
50
107
6
*27
78
75
2}
500
160
110% 198 V 109 V!
108 V
Jan.
Jan.
3; 21V Fob.
Jan. 19 j 40
Jan. 11
Jan.
8l 92 J an. 28
90
85
Jan.
94 V Feb. 2
10
Feb. 11
10
Jan.
7
33 V Jan. 24j 38
Jau.
4
14
Jan. 16; 18 V Jan.
7
31 V Jan. 23
36 V Feb. 11
1,400
100
90
78V 84*4
Feb.
Jan.
4 197
Jan. 31
51
Feb. 28 140
85
81V Jan.
15
Jan.
20 V
15 V Jan.
19 =4
93 V Jan.
104 V
65
Jan.
40
82
42
15
32
500
900
580
59 V 59 V!
57=4 57=4
125=8 126 v! 126 V 126=4
16
i5v i5v;
10
EXPRESS.
Adams
American
United States
122,638
j
*28 vi
28
14 V
'47 V
*160
76 V
200
18
57
92
58 V
20
8034 Jan.
82 34
80 '
58 V
57 V
90
193
44
130
245
47 a4
7
1
17
28
21
24
28
29
21
17
27
21
21
17
21
21
21
24
2
21
21
23
23
14
17
21
22
6 V Jan.
10 =4 Jan. 17
40
Jan. 18
6
Jan. 26
1,532
133 Hi!
-8
20 V
22 V
14Vl
14 Vi
oO
95
i*
22
*20
■
2034
45 V
2=4
21V
21
45 V
3
23 V
19 V
21 v:
13
13 V 14 Vi
57
58 V 59 V133
134 V 134 v!
V
4
16
1734 Jan.
1,480
13V
*20 V
111 v 111 v
*15 V
16V
110v111 V
V 48V
109=4 10934 108=4 109 V
*5
28
23 V
t
*>‘>
200**
96
21V
4734!
2 Vi
278
14 V
'47
95
”20
*4 L V
87
4,635
2,325
800
200
*35
10
16
16 V 16 V
*32
35
35
35
20 V 20 V
20=8 21V
91
90
90V 91V
*9
10
9V
9V
125
*124
124
124
52
>•51
-51
54
115V 116V 115V 116
9V
*8V
8 34
8 34
17 V 18
*18
19
*105
125
105
125
91
91
91
91
24
V 25 V
24 V 25 V
70
70
6
'16
47
29
483,327
7
13
Feb.
Jan.
Jan.
Jan.
Feb.
1
Feb.
114 V Jan.
200
45
-91V
10V
10V
95=4
125 V 125 V
16
17
45
93
48
28
27 V
10,435
88 V
1,000 58
312 138
*193
200
*40
45
130 V
13034 130
84 V 84 V
84
15 V 16
17
*10
16V
16
100
10134
102
69
34
09=4
72
Feb.
3,780 11334 Jan.
6/2*65
126V 128V
18*4 19=8
Jan.
Jan.
88,240 11234 Jan.
2,350 140 V Jan.
6,530 115V Jan.
325
9% Jan.
142 V
121
119
10
10
*28
32
29 V 30 V
90V 92 V
02 V 63
138
138
*40
21 Hi
47
859
Jan.
Feb.
Feb.
10,065 118V Jan.
284,875 84V Jan.
142
18
67
13V
10V
300
16V
90 V
117
144 V
83 V
59 V
13 V
21
15
133 V
410
123
90 V
110
Jan.
Feb.
48V Jah.
5,030
67,858
61
13 V
25
134V 134 V
118%
70
53
15,318
87V
11
4” *4**
*95'*
|
21*4 2134!
9134 92=0!
54
1034
6V
17 V
6*i*65
8034 Jan.
81V Feb.
*34 V
-123 V 125
"
15 >0
*44
*94
-20
*40
86 V
92 V
13 V 13 V
180
180
10V
64 34
63V
122
4734
"90
90
95
*50
54 V
116=0 116V 116 116=8!
*8 34
*9
9 V
9V
19
-19V 20
19
*105
*105
125
125
91
91
91
91V
26 V 2634
25 V 26 V
*16 V
53 V
-52 34
87 V
59 V
13 V
25
*14
123V
3*2 V ' *3*4**
*80
425
17
134 V
41Hi
1970
59%
19 V
47
18
57
48
20
58
90
60
20
95
94
*12434 125
-51
V
'57*4
*34*’ *34**
18
54
-1434
59
47
91
11
Do
prof
Northern Paeitto
Do
pref
Ohio Central
Ohio A Mississippi
Ohio Southern
48=8
5 t
..
Norfolk A Western
47 V
22
90
58
12334 12334 125
*50
48=0
Nashville Chattanooga A St.L.
New York Central A Hudson. 11730 11734 116=8 1171s
*9
9 Hi
*8 34
934
New York Chic. A St. Louis
1914 19 V *19
20^8
Do
pref.
*105
126
‘105
New York Elevated
90 7s 90 70
90 Hi 90 Hi
New York Lack. A Western..
20 V 2634
20Hi 26 =0
New York Lake Erio A West’n
69 *4 6930
69 H2 69=8
Do
pref.
13*4 13=8
New York A New England....
New York New Haven A Hart.
10 78 10 7e
1034 II
New York Ontario A Western.
6
*530
New York Susq. A Western...
*17
18
Do
pref.
Do
Western Union
*40
82V
*6
7V
*193
*40
45
T32
133 *4
84 Hi 84 *8
*17
18
-10
17
26V
1287a 130 V 127‘ 129 V
19
19V
19=0 19 V
7
7V
7
7V
*12 V 13 V
12
12 V
*6V
8
54 V
63 V
88 V
60 V
14
..
Memphis & Charleston
Metropolitan Elevated
Michigan Central
Do
32
94 Hi
64 Hi
*034
Louisville & Nashville
Louisville New Albany A Cliic.
Manhattan Elevated
Do
1st pref..
Do
common.
Manhattan Beach Co
Minneapolis A St. Louis
14
49 Hi
32
94 *4
64 Hi
88
60
61 %! 6014
69 V
*14
*14
14
14Hi‘
*25 H2 26V *25
*25
27
*15 Hi 17
*16*2 17
*15V
135 Hi 135 Ha! 133 Hi 133 Ha 134 V
12634 120 V 12314 124 V 122
88 V
91V 92 *4
90 34 91V
117
117
117
117 V 117
120
H934 121ifl 118 Hi
11634
145
145
144
145
141V
120 V
12234 123 Hz 121 *4 122
*10
12
10% 10 *4 *10 V
*28
34
*28
*28
32
31 Hi 32
29 V
29 *2 31V
93
91
93
92
9430
*4
05
63
65
*63
138
14
27
17
126% 126% 1203b 127 *4
92
93
913e 92^
117
11734 117 Hi 11734
Do
pref. 121
120
V 122
Hi 1213b
Chicago & Northwestern
Do
pref. *140 147 *2 14534 140
123 V 124i4' 122 »4 123 J4
Chicago Rock I sland A Pacific
*9
11
Chioago 8t. Louis A Pittsburg *30
32
,
88*4
53
62
82 V
Feb.
Feb.
9 V Ian.
264
Feb.
29 V Jan.
7
7
23
24
11
21
29
9
11
1
7
14
11
28
19
2
135
12
13
152
33
50
80 V
90
22 V
145
22
21
11
10 v
264
48
is!
Jan. 30 127
10
.Tan. 18
13
Feb. 26
Feb.
Feb.
Jan.
Feb.
Jan.
Feb.
Jan.
Feb.
Jan.
Jan.
Jan.
Feb.
Feb.
16
11
21
28
9
19
140
31
50
135
17V
28
150
68V
70V
92
77
112V
98
32
19
139 V 145V
12
12
15
20
24
8
4
31
9
19 260
28'
29 V
34
31
19
14
280V
30 V
1, 1884. J
RAILROAD
all railroads from which returns can
Latest
Beads.
Earnings Reported.
Week or Mo
1884.
*
Ala.Gt.Soutbern
Bor.Ced.R.ANo.
Canad’n Pacltlo.
January...
2d wk Feb.
3d wk Feb.
2 wks Feb
8-1,124
45,933
54,000
54,037
.
Chlc.&Gr.Trunli
Ohio. Mil.ASt. P.
Chic. A Nortliw.
1st wk Feb
3d wk Feb.
3d wk Feb.
Wk Feb 9.
3d wk Feb.
3d wk Feb.
3d wk Feb.
2d wk Feb
Cb.St.P.Min.AO.
Chic. A W.Mieh.
01n.Ind.8t.L.&O. January...
Oin. N. 0. AT. P. 'January...
Cta. Wash. A Balt 3d wk Feb.
Olev.Akron A Co) 3d wk Feb.
Den v. A Rio
Gr..
Rea Mo.A Ft. D.
Ret. Lan. A No..
Rub. A Sioux C.
Eastern
£,Tenn.Va.AGa.
let wk Feb
3d wk Feb.
3d wk Feb.
2d wk Feb.
January...
let wk Feb
3d wk Feb.
3d wk Feb.
3d wk Feb.j
PUnt A P.Marq.
Flor. Cent. & W.
Flor. Tr. & Pen.
Ft.W. & Denver. January ..I
Grand Trunk,... Wk Feb. 16 <
Gr.BayW.ASt.P. 3d wk Feb
GulfColASan.Fe
2 wks Feb.
Do
(Iowa)
Ind.Bloom.A W.
K.C.Ft.8. <fe Gulf
"Kan. C. 8p. A M.
Kentucky Cent.
L Erie A West'n
Long Island....
Loulev.ANasliv.
3d wk Feb.
3d wk Feb.
let wk Feb!
let wk Feb1
3 wks Feb. i
3d wk Jan.1
3d wk Feb. ■
3d wk Feb.1
i.III. Cen. (Ill.).. 3d wk Feb.
Mar.Hough.A O. January... j
Hemp. A Cbarl. 2d wlc Feb.j
Mex.Cent, 8o.D 4th wk Jan!
Do
No. Div. 2d wk
Feb.!
Mex.Nat.,No.D. 3d wk Feb. i
Southern Div. 3d wk Feb.}
Other lines.... 4thwk Jan!
Hll.L.Sh.&We8t
Mobile A Ohio..
Haah.Cb.ASt.L.
N.O. & No. East.
N. Y. Susq. & W.
Norfolk A West.
3d wk Feb.
13,618
160,975
24.673
59,546
308,000!
329,100}
77,596
23,682
175,082
182,264
18.234
7,649
96,100
0,488
19,965
18,489
243,457
80,494
48.241
8,958
10,380
24.500
323,782
6,165
63,691
221,100
35,400
56,830
39,574
38,087
202,140
19,638
30,843
53,756
10,681
9,200
15.500
11,548
19,240
185.539
1,115,709
24,489
19.658
247,034
73,215
40,995
8,700
9,659
25,COO
41,169
59,136
28,936
142,479
191,782
185,720
233.449
60,525
548,900
36,162
247,034
376,194
310,076
69,153
73,093
25,000
2,264,405
24,500
2,056,673
47,618
208,998
1,419,100
225,800
357,528
232,926
68.873
273,755
2,232,680
2,227,600
507,133
243,457
390,373
87,796
230,669
62,087
1,091,451
215,824
164,616
70,814
7,058
281,959
326,000
120,351
1,747,681
312,556
149,501
101,341
322,807
313.737
99,098
39,527
230,888
1.629,279
218.449
410,911
186,089
89,253!
77,675|
82,936
86,088
57,573!
235,765
247,487
1,711,630 1,856,510
19,638
19,203
171,507
178,748
147,106
157.600
59,937
33,751
29,812
35,062
225,225
19,203
29,881
50,478
63,050
110.600
17,515
January...
January
35,800
3,684
64,055
173,535
50.665
409,846
68,107
133,218
33,034
499,253
86,650
25,504
..
359.275
59,443
201.875
289,061
330,630 2,387,000
326,500} 2,452,697
574,883
70,60 4
27,511!
152,813
175,082
191,782
18 5,720'
192,264
193,285
20,328}
52,266
8,992}
571,000
100,4001
45,733
6,846|
216,212
197.388
3 wks Fel>.
Shenandoah V 25 dye Feb
164.955
1,583,000
158,638
22,972
38,813
186,992
..
84,124
308,581
416,000
43,012
Tan nary...
January
$
8 4,495
$
19.665
29,027
20,660
123,585
185,539
113,125
216,212
186,992
35,800
197.388
3,684
68,107
333,705
64,055
386,555
101.876
409,846
74,394
Northern Cent.. January...
654,278
937,000
124,200
Northern Pacitie 3d wk Feb.
78,369
87,260
30,906
Ohio Central.... 4tli wk Jan
3,574.233 3,929,357 3,574,233 3,929,357
Pennsylvania .. January
81,152
102,497
9,453
13,774
Peo. Deo. <feEv.. 3d wk Feb.
Phila. A Read.. January... 1,499,749 1,608,775 1,499,749 1,608,775
Do Cent. N.J. January
•696,051
95 i‘,219
979,020
951,219
979,020
Do C. A Iron January...
266,889
259,757
266,889
259,757
Richm.&Danv.. January
65,376
70,618
70,618
65,376
Ch’ICol.AAug. January
71,078
56,646
56,646!
71,078
Ookunb. A Gr. January
104.388
104.388
107,115
107,115
Va. Midland.. January
20,090
29,212
20,090
West No. Car. January
29,212
41,841
5,369
127,736
16,024
Rooh. A Pittsb’g 3d wk Feb.
226,193
32,812
204,973
28,420
St. L. Alt, AT.fi. 3d wk Feb.j
102,9 49
92,887
Do
18,196
14,960
(brclis.) 2d wk Feb!
28.589
42,599
8t.Louis A Cairo 2d wk Feb
5,78 4 j
3,974
59,695
9,509
Bt. L. Ft. 8. A W. 3d wk Feb.|
448.884
57.790!
538,778
8t.L.A8an Fran 3d wk Feb.
76,475
112.275
116.884
15,141!
8t. Paul A Dill.. Id wk Feb.
14,474!
708,575
742,158
8t.P. Mi nil. AM 3d wk Feb.
97,278'
101,0001
129,432
118,845
118.8451 129,432}
8outh Carolina January...
101,396
Tex.ABt.IiOuis.c 2d wk Feb.
10,216
90,000
Tol. Cin. A 8t. L. January
90,000
51,385
43,435
51,385
Vioksb’rgA Mer January...
43,435
12,755
11,984
Vicks. 8h.A Pac. January...
11,934
12,755
98,232
122,033
93,232
WiBConsin Cent. Janu try...
122,033
..
..
..
..
...
Earnings Reported.
Jan. 1 to Latest Date.
1883.
1832.
1SS3.
1862.
$
$
$
2,027,0(50 26,110,368 21,550,804
355,129 4,259,733 4,400,940
216.291
208,011
15,332
850,230
723,891
59.982
266,927
337,820
26,070
Chic. Bur. A Q.. December. 2,170,918
314,785
Clev.Col.C. A Ind December.
14,33(5
Danbury A Nor. December.
Evanev. A T. H. December.)
59,976
36,757
Hous.E.AW.Tex December.!
539,129
83,591
555,761
L. R. AFt.Smith December. 1
65,357
361,488
264,772
44,728
50,000
IfcRk.M.Riv.AT. November.
549,600
669,800
50,600
54,100
La. A Mo. River. December.'
142,322 1,651,929 1,543,423
Minn. A St. Louie December.I ,150.129
483,116 17,107,442 15,676,828
Missouri Pae. a 4th wkDec} 435,472
335,127 11.658.994 10,138,463
237,711
Mo.K&n.A T. b 4th wkDec
196.513 7,005,111 5,919,732
188,255
Tex. A Pacitie. 4th wkDec
996,496
32,766 1,522,041
Central Br’ch. 4th wkDec
43,225
Whole System 4tli wkDect 954,6(33 1,047*512 37,293,588 32,731,517
N.Y.L.E.AW.. 1! i November.! 2,180,982 1,818,824 22,065,137 18,512,065
1,056,253
Oregon A Cal... December. I 100,200
Oregon Imp. Co. | December. 271,462 309*83 i 4,064.220 3,3*86*3*8*3
230,650
5,567.321 5,044,915
427,500
Oregon R. AN. Co December.
Philadelp.AErie December. 257,306 335.513 4,108,841 4.011,414
131,876
133,375
Rome Wat. A Og December.
132,789 1,0353*99 1,0*60*207
125,592
Bo. Pao.Cal. N.D October...
346,302 3.478.839 3,289,308
364,725
Do So. Div. J October...
229.740 2,103.397 2,375.126
215,750
Do Arizona J. October...
619.606
678,150
62,018
75,671
Do N. MexL October...
Union Pacitie... December.} 2,407,215 2,559,005 29.760.994 30,363.928
Utah Central... December.}
93,470 117.245 1,174.737 1,508,663
397,361 16,908,465 16,738.357
Wab.St.L.A P... 4th wkDeo: 427,903
Republic
Includes 8t. Louis Iron Mountain A Southern iu both years
& Includes International AGreatNorthem in both years.
Embracing lines in Mo. Ark. and Texas.
d Inoludes Southern Division.
•
of earnings of N. Y. Pa. A O. RR. from May 1,1883.
11 Included in Central Pacitlc earnings above.
Includes 68 p. c.
6,332,500; 5.42-.100
810.000
10,207,400
1-1,181.700
4,174,300
520.100
People’s
North America.
1,244 800
19,318,400'
500.000
Nassau
Market
500,000
3t. Nicholas
3hoe& Leather.
500,000
Corn Exchange., 1,000,000
1.000,000
Continental
300.000
Oriental
400.000
Marine
\
Importers’ & Tr.
103.100
401,000
3.2283'00,
4.845.300
420.900
6.2511.300' 2.291.200
93.300
2,177,100!
4,253,000! 906,000
23.844,200 5,654,100
20,45s,400 4,54-,900
210,(‘00
1,597,700
19.000'
1.535,000
133.100
1.192.200
*
1,500.000
! 2.000.000
500.000
210,000
North River. ...!
250,000
Hast River
j
3,200.000
Fourth Nut’nal.,
2.000.000
Central Nut
300.00C
Second Nat
■
750,000
Ninth National.;
500.000
First National..|
1,000,0.
>C
Third Nat ional.:
300.000
N.Y. Nat. Kxch.l
250.000
Bowery Nat’nai.!
800.000
N.York County.‘
750.000
Glerm’n Am’c’n..
300,000
National.
Chase
100.000
Fifth Avenue...
200,000
German Kxch.
200.000
Germania
500.000
U. S. Nat..
300.000
Lincoln Nat
200,000
Garfield Nat....
150,000
Fifth National..
I
0,023,000
15,316.400
9,024,000
3,449.000
6.375.800
524,000
750.000
1,310.100.
0.243,000! 3.349,900
4.654.500 1,8 43,100
319,000
1.390.800
272.900
2.021.100
13.100
1,78*.*001
257.100
2,067.700
J
3,6(54.000
2,429,200!
45,000.
2,000518300-
963,400
2.237.800
205,000!
200.900
300,000
297,009
533,80 >
0,770,300!
540.900
249.900
1,020,700
0,190,800
1.818.300
2//05.300
2.400.300
2.235.200
5.734.200
331,000j
4,150.000,'
1,092,4001 17,001,000!
201.200
237.400!
014.900
89.800
452.300
125.000
54.000
280.000
223.900
292,9'K)
188.700
121.800
121.300
,
1.559/300!
171,2)0; 1,032.700!
1,120,800 18,019,900
9,580,000
1,649,000
67,000
150.400
1,072,500
211,800
980.000
01.312,7001344,523,800 77,800,200.32.240,200
Total.
283.300
756,000
1.250.700
13,400
J
4.240.200
10,811,000
833,406
1,536,-00! 19.219,100
5.825.100
883.300
492.400
7.928.800
350,000
988.0001
114,200! 2.552.100
i8io,b66
249,100! 3.288,000
451.500
45,000
4.708.200
5,400
178,700! 1,700,900
382.000! 3,430,000
732.000 11.068,200
245,200
802,800
585.400 -J 3,208,000
425,000 10,161.000 1,805,000
359.400
3.4*4,900
263.500
290,700, 2.903.800
120.200
2.812.800
442.500
223,200! 2.553.200
3.818,(00
450.666
412,000;
222,000;
3.718.100
433,’400
420,200; 8,010,800
829,100! 2.103.700
4.778,000
203.666
206,000
1,258,700, 24.770.700 1,330,000
45,000
2,273.200; 25,305,900
158.900
1.507,100!
57,700
2,061,500;
5,804,900 1,046,000
388.900
2.170.300
771,400
791,500
1,427.000
1.593.700
464,700
2.089,*00j
.
15.113.300
3.130.200
2.761.700
1.889.800
iViofr
248,900 ~
207.400
478.900
2.804.200
2.934.100
2.259.100
902.000
300,00 O
2,030.000
7.246.100 1,045,300
473.600
2,391,400
919.400
8.520.500
901.300
4.152.500
199.600
1.470.600
255.200
S,333,*‘00
10,216.300 1.930.700
710.200
2.901.600 i
11,565.000 2,945,000
2.982,000
473.400
273.600
2.642.100
3.000.000
600,000
500,000
500,000
...
340.900
70.000
38.400
104.100
173.600
230.800
8,940.000
7.310.700
6,803,700! 1.G70.S00
700.000
109,600
103.700
384.500
17 4,100
111.700
115,000
135.300
430.200
163.700
729.300
3,067.100
1.000,000
Hanover
569.300
683.500
3.408.600
4,83’ ,500
1.792.300
1,020.000
1,034.900
450.000
200.000
Chatham
45,000
268,7*66
225,000
130,000
45,666
2.503.200
2.312.700
2.204,000
0,226,400
2,492,000
653.000
1,001,600
438.500
45,0*00
134.500
135,000
301,360,200! 14,304,900
The deviations from returns of previous week are as follows:
discounts....Dec. $1,870,400 Net deposits
Dec. $2,104,200
Dec.
Deo.
173,300
Specie
453,000 Circulation
Loans and
830,900
Dec.
Legal tenders
The following are the
Loans.
1883.
*
Dec. 8....327.800,100
“
15....327.301.800
“
22....823.072.100
“
29....327,535,700
1884.
Jan. 5.. ..331.355.000
12.. .329.-97,200
I(
19.. ..332.5*6.800
20
..333.989.200
Feb. 2.. ..338.841.400
9.. ..341,019.100
16.. ..345,804.200
23.. ..314,523.800
.
.
Boston
..
..
“
Dec.
60,408,100 20,479,100 323,798,000
15,450,800
329.950,200
33.3.253,700
345.580.700
14,706.700
14,058.300
14.4 i5,900
14.000.300
14.004.000
14,511,900
14.533,200
718.928.771>
771.838,126
779.256.007
745.319,279
11.364.900
627.907,270
62,877.000
68,070,200
70,330.000
31S).804.1CK)
72.911,300
73.001.300 34.104.900 355.071.300
7*.235,800 33,207.500 301,305,000
78.310.800 32.577. t00 30 1.544.400
77.800,200 82.240.200 301.380.200
Specie.
“
“
“
Feb.
112.234.000
143.741.000
5.722.700
0,078.*00
145.072.100
140,847,100
:..
145,055.800
140/-68,700 0,534,300
145.W0.900 0, *99.400
14O.fi29.O00
140.875,200
147,251,000
140,874,100
21
28
4
145,900,500
“
25
7.819.400
7.501.400
6.401.700
6,527,200
90,003,300
92.3 >5.300
93,149,000
l-3.2S8.500
5.517,800
5,471,300 90.3*1.700
5.263,-00 98,588,600
5,9/3.500 97/’49.400
5.864.100 97.790.s00
5,927,200 07.7**5.300
5,95*..00 98.-0 4.000
5.809.900 09.171,700
5.797.100 9 5,90’.,900
0.082,700 98.4*6.000
140.132/'OO
145.01*.uOO
140.574,400
follows:
1883.
3
Oct.
15
22
20
“
Nov.
“
5...
12
19
20
”
“
Dec.
“
”
«
••
••
*•
*
74,807.66#
73.304.518
73,80*,301
69.002,632
77.0U4.7O2
71.721,449
75.464,035
00.7O0,20C
58.5-2.731
70.798.420
71.18 4,353
67.799.743
52.744.870
.7
Deposits.*
Philadelphia banks
Circulation.
*
#
70,147.589
9,2*4,823
18.043.541
77.781.293
77.426.187
77,190.000
70.076,221
18.7>*3,030
18,821,075
10,014,552
10.708.385
10.573.015
10,903.800
20.272.7.-0
20,2*1.470
20.100,910
20,747,505
70.079.215
70.252.420
70.040.819
9.300.479
9.200,978
9.2S.3 O01
9.209,717
9.215.242
0/278.332
9.270.320
70.710.510
7*‘/,515,111
20.894,600
21,701,752
22.01E.721
21.588,020
21.210,412
4
77.302,125
77,155,117
77.409.207
77,201.902
77.705.520
11
18
77.818,808
78.534.503
22,004.531
25
78.840.467
21.3U1.901
21
28
25.525.200
18,751,772
70.809,354
77,100,371
77.203,233
70.814.650
14
27.171.200
27.111.200
27,027.3)0
27,140,000
27.155.100
27.009,000
26,205.8) 0
20.172.100
25.990.900
25,585,8 )0
77 7K1,225
10
17
24
Feb.
*
70.892.205
31
1884.
Jun. 7
••
Lawful Money.
*
3
"
•k
Loans.
77.055.944
“
•*
27.178.800
5 098.500 100,147.300 25.728.400 75.774.547
0,8 ’4.500 5.677,800 101,000.900 2>.7I4,0OO 70.287.035
0,179,500 5.403.200 9 *.009,200 25,023.000 07.441.531
0.182,400 6.018.*00 08.303,500 25.581.900 01.190.504
6,50 f,rt00 5.891.500 9*. 123,*00 25.195.800 50.751.611
0,105,900 5,807.900 98.006,400 24.690.500 62.485.345
5.902.700 5.378.800 98.302,000 24.507.500 0*5.073.578
5,900,500 5.193.500 97,768,600 23,078,100 54.121,849
Philadelphia Banks.--The totals of the
are as
27.299.200
110.316.300 0.939.100
14-.537.7 00
147.703.100
146.593,300
11
Deposits.* Circulation. Ayg.Clear
4,71*8,700
6,032,300
0,195,400
735,843.016
770.000,020
801.923,471
the totals of the Bosion banks
4.4U>.200
4.512,000
5.Ml 5,400
144,833,000
“
are.
L. Tenders.
5
1884.
.lan.
7
“
14
“
.
12
19
20
10
17
24
31
•*
27.822,500
30,644.800
33,298,800
34.031//00
5,4 44,000
5,705,100
3
Clear*,
57.825,100 20,582.700 318,948.200
57,033.900 27.262.300 318,558.500
60,091.700 26.639.500 821.757.800
113/*46,000
..
a gg
799,706.835
753.465.829
790.482.890
024,7 93.789-
15.412.400
15.380,200
15.424.300
Banks.—Following
20........
Nov.
Deposits.
*
L. Tenders.
*
$
1883.
Oct.
8
“
15
“
totals for several weeks
past:
Circulation,
Specie.
»
Loans.
“
a
4,128.300
9.928.500
2,800.000
4.715.800
5,000.001/1 10.603,000
1,500,000
-
$
262,200
300.000
800.000
Mercantile
Pacific
“
Wcekar-Vol
251.800
2.359.200
504.000
200,000
200,000
600.000
5,000.000
1,000.000
1,000,000
422.700
Park
Wall St
7.740.500
8,017,000
1.000.000
1,000.000
300,000
Broadway
Irving
Metropolitan
Citizens’
882.400
1,083,000
433.200
$
450,000
7,788.000
1,354,000
1,319,500
947,000
1,457,000
3.302.200
•,431,900
Circular
tie>n.
*
9.300.000
$
1,248.000
509.000
1,010,000
3,106.000'
1.000,000
1,000,000
600,000
300.000
Tradesmen’s
Fulton
Chemical
Merchants’ Ex..
Gallatin Nat....
Butchers’A Dr..
Mechanics’ A Tr
Greenwich
Leather Man’f’s
8eventh Ward..
State of N. Y...
American Kxch.
Commerce
**
Roads.
2,000.000
1,200,000
3.000.000
1.000.000
other
than U. S.
Tewlers.
I
*
1
Net. cU’p'ts
Legal
Specie.
0,730.000
b,6u7.00l)
7.967.500
8,865.000
4.193.400,
11,167.600
2.050,000
2,000,000
•
City
'
..
Loans ana
discounts.
*
2,000,000
Manhattan* Co.
Merchants
Mechanics’
Union
America
Phoenix
..
Latest
Capital.
New York
499,253
..
•
Average amount of—
Banks.
1883.
1884.
84,495
49,594
47,000
Central Iowa....
Central Pacitie. January... 1.583,000 1,747,681
60,586
77,880
Cbesap. A Ohio. 1st wk Feb
14,194
Elii.Lex.AB.8.
Chicago A Alton
Chic. & East. Ill.
Jan. 1 to
the gross
be obtained.
condition of the Associated Banks of New York City for the
week ending* at the commencement of business on Feb. 23:
Jan. 1 to Latest Date.
1883.
City Bunks.—The following statement shows tie
New York
EARNINGS.
The latest railroad earnings and the totals from
latest date are given below. The statement includes
earnings of
253
THE CHRONICLE.
”y
March
Including the Item “ due to
21.719.939
22.102.420
-
09,023.048
00,902.151
70.594.1-9
70.372,145
71,000,372
70,857.471
70,815.870
71.132,425
71,3.37.530
73.511.227
72,319,553
71.729.730
57.089.744
72.437.942
72.539.781
72.809.420
72.955.502
other hanks.”
9,20-,698
Clear.
*
02,713.335
53.907.065
04.493.737
50.420.536
51,734.467
40.547,440
55,533.482
53.807.778
43,805,530
9,1-5.099
0.127,290
0.240,314
0.280,548
05.904.799
0.201,507
9,202,206
01,107.314
9.119.556
8.090,120
*>
A']?.
8.057.208
8.916.305
9,005.125
9,012,573
53.802,010
59.000. 908
40,944,250
54.835.48900.400.416
51.103,722
49.532,196
53.907.084
52-42.786
44.718,090
254
THE
GENERAL
CHRONICLE.
QUOTATIONS
OF
fVoL. XXXVIII.
STOCKS
Quotations in New York represent tho per cent value, whatever the
AND
be other quotations
BONDS.
frequently
par “g.,”
may for; gold; *• g’d*” for guaranteed;
are
made per share,
he following abbreviations are often used, viz : “ M.,” for mortgage;
*• end.,” for endorse
iorsed;
for consolidated; “conv.,” for convertible ; “s. f.,” for sinking fund; “1. g.',” for laud grant.
Quotations in New York are to Thursday; from other cities, to late mail dates.
Bid.
United States Bonds.
Ask.
City Securities.
UNITED STATES BONDS.
Ask.
SECURITIES.
Q—M
Variousl 112
,
c
81
small
Waterworks
100*2
80
J&J 105
..
6s, 10-20, 1900
Arkansas—68, funded, 1899 ..J&J 12V 16
7s, L. R.&Ft. 8. issue, 1900. A & O 21
7s, Memphis & L. R., 1899..A & O 21
7s, L. R. P. B. & N. O., 1900. .A & O 20
25
7s,Miss.O.& R.Riv.,1900..A & O 20
9V
7s, Ark. Central RR., 1900-A & O
4
8
7s, Levee of 1871, 1900
J & J
115
California—6s, civil bonds, ’93-95.* 105
102
Connecticut—6s, 1885
5s, 1897
M & N 103
Delaware—6s
J&J^
Diet. Col.—Cons. 3-65s,1924, cp.F&A
il2V
Consol. 3-65s,
1112V
1924, reg
J&J l 111V
Funding 5s, 1899
Perm. imp. 6s, guar., 1891...J&Jf
,115*4
Perm. imp. 7s, 1891
J&Jt 1119
Wash.—Fund.loan(Cong.)6s,g.,’92i 115 V
1124
Market stock, 7s, 1*92.
119
130 V
Water stcck, 7s, 1901..
do
7s, 1903..
130V
,110
! 102
1105
105
113
i
7s, gold bonds, 1890
8s, *76,f86
Kansas—7s, long
Louisiana—New
con.
Ex matured coupon
Q—J
A & O
J&J
7s, 1914.. J&.J
7*7%
67 V
101 v
113
106
104
.Q—J 106
Q—J 99
J&J 108
109
TL5
„
Maine—4s. 1888
F&A
War debts assumed, 6s,’89.A& Ol
Maryland—6s, exempt, 1887...J&J
6s, Hospital, 1882-87
I&J
6s, 1890
5s, 1880-’90
8-65s, 1897....
5s, g., sterling, 1891
do
do
do
do
I&Jf
M&N;
A&O:
1894
1888
Michigan—7s, 1890
M&N 117
J & J 95
J & J ! 105
J & J '117
110
Minnesota—New 4 Vs
Missouri—6s, 1886
Fimdiug bonds, 1894-95
Asylum
or University, 1892. J & J 111
Hannibal & St. Jo., 1886....J & J 110
do
do
110
1887....J &
ill 1
119
! 130
100
125
! 118
New Jersey—6s, 1897-:
6s, exempt, 1896
New York—6s, gold, rej
6s
jl09
gold, 1891
J&
6s. old
A
6s, N C. RR., 18S3-5
6s,
do
6s
6e
do
do
1109
114
117
120
Austin, Texas—10s
110
120
103
I
6s, Pitts. & Con’v.RR.,1886.. J&J 104*2 105 !
6s, consol., 1890
Q—J 115*2 116 V
....
Balt. & O. loan, 1890
Q-J 115 V 116V
Q-M 113*2 114 !
Park, 1890
bounty, 1893
M&S 116
do
exempt, 1893... M & S 117
water, 1894
J&J 115
J&J 129
1900
J
1
j 30
30
1
J &
160
i
A &
,160
i
Cincinnati, O.—6s, long...
6s, short
7-303,1902
.
New York
J&J
6s, long
6s, gold (consolidated), 1896-1901
5s, long
".
4s, long
Newton—6s, 1905, water loan. .J&J
5s, 1905, water loan
...J&J
Norfolk, Va.—6s, reg.stk,'’78-85. .J&J
8s, coup.,- 1890-93
Var.
8s, water, 1901
7
1
36
3s
Price nominal; no late transactions.
40
55
j
M
8s, special tax
4s,
106V
106*2
•
new
Var’s
-.
130
TOO
yrs.|106
125
6s, 1885
J & J 132
105
Var.i 106
135
! 98
Rochester, N.Y.—6s
112
120
110
116
107
112
105
St.
111
107 V
Var. 104*2 105
119
A&O 117
Var. no
5s. 10-20
St. L. Co.—6s,
;
7s, long
8s. 1889-96
Safem, Mass.—6s, long, W.
5s, 1901, W. L
San Francisco—7s, school
! 6s, gold, long
i
,
i
!
Var..
.
!i
i!
100
..Var. 106
gold, 1905
Currency, 7s. 1837-’SS
| St. Paul, Minn.—6s, Jong
41
139
101
102*4
Var. 101V 105*4
6s, 1892
5s, long
i
133
106
Joseph, Mo.—Comp’mise 4s, 1901,| 72V!
75
72V 75
6s, short
135
127
102
M & SI 101V
101 V;102
J&J 113V 114
r
8s
5s
106
••••
! 114
Richmond, Va.—6s
Hudson Conn tv. 6s.
•
1115 V 116V
i
108 V
40
40
122
114
108
......
110
11 o'
123
106
j
120
......
119*2
119*2
113
106
100
120
133
1132
112
Pittsburg, Pa.—Is, coup.,1913..J&J. 99 V 100
5s, reg. and coup., 1913
108V
J&J. 103
117
6s, gold, rcg
Var 116
1125
! 107
1112
114
6s, railroad aid, 1907
M&S 119% 120
1116V 117
106 %
103
44
44
44
121
110
115
120
134
134
125
105
130
117
106
103
J&J 122
122
Philadelphia, Pa.—5s, reg
J&J*
6s, old, reg
J&J
108 V
6s, new, reg., due 1895 & over. J&J
105
! 30
114
145 '
J&J
Petersburg, Va.—6s
99 V
110
137
no
133
133
122
100
128
115
105
115
129
121
112
Vai
8s
106
A&O 105
129
116
no
102
J.&J
I 116
! 102
6s. long...
5s lon<r..
123
118 V
7s, water, 1899-1902........J & JT04
7s, improvement, 1891-’94
Var.TOO
7s, Bergen, long
J & J TOO
t Purchaser also pays accrued interest.
112
117
122
A&O’
7s, 1905
Orange, N. J.—7s, long
Oswego, N. Y.—7s, 18S7-S-9
Paterson, N. J.—7s, long
Jersey City—6s, water, long, 1895. J 93
10
M&N
Norwich, Ct-5s, 1907
_
r; i
-.
6s. short
.
|
City—7s, short
7s, long
1129*4 130
■
105
105
....
Var.fi
ll7V'i
65
Orleans, La.—Premium bonds. 91% 91%
Consolidated 6s, 1892
Var. 101%
116
Newport—Water bonds 7-30s
116V
Var.l j
||
*53*’ Kg"’
55
70
100
100
no
115
120
127
114
106
1 100
6s
New
76
4s
J&J 10 L
Southern I1R. 7-3Os, 1906.. .J&J 129*4
do
6s, g., 1902
M&N 11113 V
do
Cur. 6s, 1909
F&A f, 118 V
do
Skg. fd. 5s, 1910M&N t; 109
125
108
7s, water, 1902
J&JI
Mobile, Ala.—3-4-5s, funded..M&N
Montgomery, Ala.—New 3s ..J & J
5s, new
Nashville, Tenn.—6s, old
6s, new
Newark—6s, long
Var.l
7s, long...
Var.l
7s, water, long
Var. I
New Bedford,Mass.—6s, 1909. A&Ot
5s, 1900, Water Loan
A.&O
N. Brunswick, N. J.—7s, various.. .1
.
;
ini"*
...
.
4s. mm-taxable
Chelsea, Mass.—6s, ’97,waterl.F&At 121
Chicago, Ill.—7s, 1892-99
LI6*2
1 6s, 1895
109*2
.1
4*28, 1900...
106%
112
3-65S, 1902
99
j
L20
Cook Co. 7s, 1892
116*2
132 !
Cook Co. 5s, 1899
107*2
LOoVi
Cook Co. 4*23, 1900
106%
West Chicago 5s, 1890
102*2
1
Lincoln Park 7s, 1895
-.. 105V
i West Park 7s. 1890
109%
105
i1 South Park 6s, 1899
1
ii
j
J&J 1130
consol, 1885
Q-J! 101
Valley RR., 1886
A & O! 104V
j
5s, 1916
M&N! 129*2
1 48,1920
J&Ji 113 V
115V' Bangor, Me.— 6s. RR..1890-’94.Var.| ■ 112
1
6s, water, 1905..
J&.J1 1193*
6s, E.& N.A. Railroad, 1894..J&Jii 113
1*25
6s. B. & Piscataquis
RR.,’99.A&Olj 115
Batli, Me.—6s, railroad aid
Var 1; 102
5s, 1897. municipal
i 102 {
Belfast, Me.—6s,railroad aid, ’93..ijl02
115
Boston,Mass.—6s, cur, long, 1905 Vari 129
6s, currency, 1894
Var. j 119 3*
5s, gold, long
Var.l 118*2
4*28, 1908
A&O 109*2
4s, currency, long
J&J 107 V
Brooklyn, N.Y.—7s, short
I&J 100
7s, Park, long
J&J 145
7s, Water, long
J&J 140
7s, Bridge, long
J&J! 140
102 V
6s, Water, long
J&J 125
114
6s, Park, long
J&J 135
109
6s, Bridge, long
1123
109
5s, Bridge, long....
jll2
108
Kings Co. 7s, 1882-’89
M&N! 102
102
do
6s, 1882-’80
M&NT02
109
Buffalo, N. Y—78,1895
Var.l 1115
110
7s, water, long
Var.fi,120
115V
M&Stll2
6s, Park, 1926..
Cambridge, Mass.—5s, 1889.. .A&Oil 106 V
6s, 1891-96. water loan
J&JI' 119*2
6s, 1904, city bonds
J&J *128
Charleston, S.C.—6s,st’k,’76-98..Q-J 76
7s, tire loan bonds, 1890....J & J] 30
1107
7s, non-tax bonds
T
*
\
'<
West, Md. RR., 1902
7 coupons oil
j
J&J 135
7 coupons off ...A&O 135
Cleveland, O.—6s, long
Variousii
6s, Funding act of 1866 1900 J&J 10
13
7s. slmit
Var.l
do
6s,
1
13
1868,189SA&0 10
5s, long
r.
Var.!
6&, new bonds, 1892-8
16
J&J
|
•Is. long
Var.
6s
do
A&O
16
I Columbus, Ga.—7s
.Var.'105
6s, Chatham RR
3
A&O
6
Covington. Ky.—7-30s, long
1:115
6s, special tax, class 1.1898-9A&U
3
5
7-30s, short
1105
6s,
do
class 2
3
A&O
5
Water \Vorlcs
1114
6s,
do
IV’n N. C. RR. A&O
23.
Ii Dallas, Texas—8s, 1901
1101
6s,
do
Wil. C. & R.. A&O
2 Vi
!l 10s, 1893-96
107
4s, new, cons., 1910
J & J
63
84 V ! Water, 6s. 1900
100
Ohio 6s, 1886
1 & J 107
j! Detroit, Mich.—7s, long
Var.l 125
Penna.—5s, new. rcg., ’92-1902.F&A 118 119
78, water, long
Var.l
4s, ieg., 1894-1904
F & A
Elizabeth, N. J.—7s, short
40
4s, reg., 1912
F&A
17”
7s, funded, 1880-1905
Var
40
Rhode Isl’d—6s, 1893-9, coup..J&J 1120
A&O 40
7s, consol., 1885-98
South Carolina—6s, Act of March ?
7s, 1905
40
H
3
23,1869. Non-fimdable, 1888.. J
Fall River, Mass.—6s, 1904...F& At! 123
Brown consols
105
ioov! 5s, 1894, gold
F&A 1 108*2
Tennessee—6s, old, 1890-98 ..J & J 39*4 40 | 5s, 1909
F&Af 113
6s, new bonds, 1892-1900 ..J & J 39*4 40
1 Fitchburg, Mass.—6s. ’91,W.L.. J&.II 112
6s, new series, 1914
J & J
39*4 40
Galveston, Tex.—8s, 1893-1909 M&S 105
Compromise bonds, 3-4-5-Os, 1912 45 V 46 jj 5s, 1920.../.
T&Dl 95
1 J
Texas—6s, 1892
M&S< 115
Galvost’n County, 6s, 1902..M&N;
1;
78, gold, 1892-1910
125
M&Sf
Hartford, Ct.—City 6s, var. dates. J 107
i
7s, gold, 1904
J&J | ; 130
Capitol, untax, 6s
1 121
1
Vermont—6s, 1890
J & I) 115
Hartford Town 4 Vs. untax
f 104
Virginia—6s, old, 1886-’95
40
J & J
Haverhill, Mass.—6s, 1889... A&Oli 107*2
r
6s, new bonds, 1886-1895.. .J & J 40
Houston, Tex.—10s
i
35
6s, consol., 1905
J & J 55
6s, funded
* 35
i Indianapolis,Ind.—'7-30s,’93-99J&Ji 110
6s, consols, 1905. ox-coup
J&J
40
6s, consol., 2d series
6s, deferred bonus
10-40s, new
Tax-receivable coupons
105
Baltimore—6s, City Hall, 1884 O—J 101
6s,
6s,
6s,
6s,
5s,
6s,
6s,
5s,
6s,
112
7s, short dates
108
Augusta, Me.—6s, 1887, mun..F&Ai 1011*
Augusta, Ga—7s
Various 107
110
101
118
123
i2 i 125
Var.l 110V
114V
6s, long
Var.l 109
112
6s, short
Var.l 100
105
5s,1890-1900.......
M&N 105
106
Lowell, Mass.—68,1890, W. L.M&NI 112 113
Lynchburg, Va.—6s.
J & J 105
112
8s
J & J 125
Lynn, Mass.—68, 1887
F&A! 104
106
Water loan, 6s, 1894-96
J&J 118
120
5s, 1905
M&N1 113V 114
Macon, Ga.—7s
Manchester, N.H.—5s, 1885
J&J 1 ioo
ioov
6s, 1894
J&J! 116
117
6 s, 1902
J&J 125
127
4s, 1911
102
103
Memphis, Tenn.—6s, C
J&J 45
63, A & B
J&J 45
6s, gold, fund., 1900
M&N 45
6s, end., M. & C. RR
80
6s, consols.;
J&J 70
Milwaukee, Wis.—5s, 1891...J & D1 96
100
10 L
101
1 05 V
;
do
Ask.
—
|t
Class “B,” 58,1906
Class “ C,” 4s, 1906
Bid.
Jersey City—(Continued)
Hudson County 7s... .M&S & J&D
Bayonne City, 7s, long
J&J
105
Lawrenee, Mass.—6s, 1894...A& O!
105
6s, 1900......
A&O
103
Long Island City, N.Y—Water,7s,’95
103 V Louisville, Ky.—‘7s,
lougdates. Var.l
114% 114%
7s long
r 125
4s, 1907
reg...Q—J 123% 124
Allegheny, Pa.—5s, cp., ’83-97..Var. 100
124
1
4 Vs, coup.. 1883-1901
4«, 1907
coup.. .Q—d 123%
Var. 100
38, option U. S
101*8’ 4s, coup., 1901
reg..Q.—F. 101
Var. 101
6s, Currency, 1895
rcg
J&J 129
j1 Allegheny Co., 5s, cp., 1913..J&J 103
131
4s, riot loan, 5-10s
99
133
4s,
do
100
10-20s
I
1135
5-10s.
5s,
do
100
6a, Currency, 1899
J&J 137
rcg
5s,
do
10-20s
>105
STATE SECURITIES.
Atlanta, Ga.—7s
108
Adabamar—Class “A,” 3 to 5, 1906... 81*4 82V
Do.
8s
110
coup..
City Securities.
~~
CITI
reg..Q—M 113V 113% Albany, N. Y.—6s, long
*1*8,1891
*i*8,1891
Bid.
“cons.,”
.
105
no
Var. 115
L.A&OI. 124
l&Jt 114
•
Var. 112
101V
Savannah funded 5s. consols
SO
109
101
101
125
133
!Somerville, Mass.—5s, 1895..A&01
6s, 1835
...J&JI
A&O l
; 6 Vs, 1884
! Springfield, Mass.—6 s, 1905.. A&O I
7s, 1903, water loan
A&O I
•
••••
.
126
116
i'03
82
111
101V
10LV
127
135
1
Qq
6s,
V‘iP
1893* to
’99
’.*".*. .1" *." L *.*. Var.
t I
I
Washington, D.C.—See Dist. of Col.
100
Wilmington, N.C.—6s
108
8s, gold, con. on
Worcester, Mass.—6s, 1892...A&OI 115
105
112
116
113V 115
.101 *105
t In London.
H Coupons on since I860.
GENERAL QUOTATIONS OF
rankers.
railroad bonds.
92
50
M., 6s, 1918....,
Ala. Cent—1st
{111
111
AJb’y & Susq—
2d mortgage,
Alleghany
—
r
*
1912
1.23
129
32*2 33
121
1120
1121*2 122
118
tll7
104% 105
118
1 117
101
1100
1.22
:i2?
7s. end., 1894
Neb.—1st, 7s, 1
Atcb.Ton.&S.Fe—1st,7s,
Band grant, 7s, g., 1901
Income,
Ateli’n &
Sinking fund, 63,
1911.
Guaranteed 7s, 1909 .,
5s, 1909 (1st mort.)
5a, plain bonds, 1920..
4*28,1920
Miss.Riv.Bridge, lst.,8.f.,6s,1912|1
Louis’a& Mo.R., 1st, 7s,1900F&A'i
do
2d,7s, 1900M&N j
St.L. Jacks’v.& C., lst,7s,’94. A&O
do 1st guar.(564),7s,’94A&0 1
104
104
116
116
111
118*2
118*8
1
187*4
188*2
A&ojl
1885..A&O
1121
116*0
M&S
3d mort 6s, 1887
B’&A
Boston & Albany—7s, 1892...F&A
.
Income
111834 119
100*4 1
! 1113
113*2
it 100
1
99*2
199
1103
11111*2
Boat. llart.& E.—1st,
1st mort., 78, guar
Boston & Lowell—7s*
!
13
13
1115
7s, 1900. J&J
’92
|
104
112
J&J
A&O
1123*2 124
Bo»t.&Revere B’h—1st,6s.’97. J&J til 1*4 11134
90
75
;
Bradford Bord. & K.—1st, 6s, 1932
I
Bradf.Eld.& Cuba—1st.6s, 1932 J&J
i
3*6
P.—Gen.M.7s,’96.J&J 104
Bufl.N.Y.&Erie—1st. 7s, 1916.J&D 130*2'
69
!
Bufi.N.Y.&Phil.—1st, 6s,g.,’96. J&J
1
2d mortgage, 7s, g
96%'
Cons. 6s. 1921
J&J
Buff. Pittsb. & West.—6s, 1921 A&O
Pitt s. Tit us v.& B.—7s, 1896.. F& A
Oil Creek, IstM., 6s, 1912. ..A&O 106
Union & Titusv., 1st, 7s,1890. J&J l
Warren & Fr’klu, 1st, 7s,’96. F&A 112
101
Buff.& Southwest.—6s, 1908..J.&J
Bur. C. R.&N.—1st. 5s, uew,’06. J&D 102*2
C. Kap.I.F.& N.,lst,6s,1920. A&O 105*2
91
Buft. Brad.&
104
40
112
do
j
Consol, mort., 7s, 1915
|
Exten. mort.,
1st mort., 7s,
|
{
1
103
1!
yi
1st, 5s, 1921....A&O
1]
|
j
incomes
Catawissa—Mort., 7s, 1900.. .F&A 120
Cedar F. & Min.—1st, 7s, 1907. J&J 115
Cedar R. & Mo.—1st, 7s, ’91.. .F&A ♦ 109*4
1st mort., 7s, 1916
M&N 1122*2
Cent. Br. U. Pac., lsts. Os, ’95.M&N 100
do
1902, assented—M&N
Consol. M.,7s,1899, assented.Q—J
78,
conv,
Adjustment bonds, 1903
Couv. deben. 6s, 1908
M&N
Income bonds, 1908
M&N
Am. Dk.& Imp. Co., 5s,1921. J&J
Leh.& Wilkesb.Coal,inc.,’8S,M&N
Consol., 7s, gold,1900, ass’d.Q-M
Cent. Ohio—1st M.. 6s, 1890..M&S
Cent. Pac.—1st, 6s, gold,’95-98. J&J
State Aid, 7s, g., 1884
J&J
S. Joaquin, 1st M.,6s, g. 1900. A&O
1
116
10934 I
123*2 '<
1
103
105*2 106
50
82
8*6
114
|
M., 6s, g.
Price nominal; no late
101*$
102*2
lilt
106
107
i’o’o*’
199*2 100
1100
1107
t L07
101
108
108
1st mort., 7s, 1905
J&J 1115
Delaware—Mort., 6s, guar.,’95. J&J
Del.& Bound B’k—1st, 7s,1905F&A 1*23** 1*2*4
122
Del.Lack.& W.—Conv.7s,1892 J&D
"
.....
Mort. 7s.
117%
113
195
M&S
1907
I Den.& Rio G—1st, 7s, g.,l900.M&N
......
1st consol, mort., 7s, 1910
J&J
iDenv.&R. G.W.—lst, 6s, 1911.M&S
119
119
1
]Denv.S.P.&Pac—1st,78,1905 M&N
122*2
122*2 123 -j Des M. & Ft. D.—lst, 6s, 1905. J&J
lst inc., 6s, 1905.
120
122*2
103% 110 | Detroit & Bay C.—lst,8s,1902.M&N
lst M., 8s, end. M. C., 1902.M&N
95 j
93
130
135
11138
85
70*2
95
......
......
108
86*4
71
96
100
60
.
119% 120
119
]Det.G.Haven&Mil.—Equip.6s,1918 :m
119
Con. M., 5% till’84, after 6*.. 1918 1117
Det. L. & North.—lst, 7s, 1907.J&J 1120*2 121
95 V
91*2
'Det. Mack.& M.—lst. 6s,1921.A&O
Land grant, 7s, 1911
.93 V
Income, 1921
I Dub. & Dak.—lst M., 6s, 1919. J&J
104
118
Dub.& S. City—lst,2d I)iv..’94. J&J
132*2 133
1Dunk. A. V.& P.—lst,7s,g,.1900J&D
102*2
102*2
104
J East Penn.—lst M.,7s, 1888..M&S
10958 111
113*4 115*2
!
933sj
*9*3%
Q— F
F&Al
109
91
75
North Wise., 1st 6s, 1930
St.
|i
91
100
jr<
107%'
111
113
113*2
112
j.(
-1
:;
l'(
! 106 I
105*8; 105*4'
Ii
T&.J
Paul&S.City, lst 6s,1919.A&0
!
107*2
109*2'
;',
‘
‘
L16
103
105
A&O
7s, 1094
,i
'lint & P. Marq.-M.
Flint & Holly, lst,
6s, 1920.A&O
,
118*2
•
111
106
102
I
Holly W. & M.—1st, 8s,
1st, 6s, gold, 1910
2d mort.. 7s, 1905
Mex. & Pac. 1st, 5s,
F&A
1910.
12*6" jGeorgia Pacific—1st, 6s,
116
no
108
95
2d inert
1922.J&J
66*4
106
93**
Consol.,
1900
gold, 6s, 1912
t The purchaser
*40"
“7*6“
90*4
46*2
l.g., g’d, 7s, g.j 1114
IstM.,7s,l.g.,gold,not guar.A&O mo
107
Ex land grant, 1st 7s, *99
Gr.Rap. & Ind.—lst,
82*2
50
......
_
also pays accrued interest.
112
104
104
Gr.B’y W.&St.P.—lst,6s,1911.F.&A
16*2
2d, incomes, 1911
114*2
101*2 102*2 Gulf Col. & S. Fe—1st, 7s, 1909 J&J
!in. Ham. & Dayt.- 2d, 7s, ’85 J&J
Hannibal & Nap —1st, 7s, ’88.M&N
Consol, mort., 7s, 1905
A&( 1120
Han. & St. Jo.—Conv. 8s, 1885.M&S 1*0*6%
do
6s, 1905
A&O 1 109
Con. 6s, 1911
M&S
109
1103
Cin. II. & I., lst M., 7s, 1903.J&J
Kans. C. & Cam., lst, 10s,’92. J&J 1123*4
1
98
95
in. I. St. L. & Chic.—Con. 6s, 192<
Housatonic—lst M., 7s, 1885.F&A
105
Cin.& Indiana, lst M.,7s,’92.J&I
Ho’st.E.&W. Tex.—lst,7s,’98.M&N
do
2d M.. 7s,’32-87. J&. i 100
I 105
2d, 6s, 1913
J&Ji
Indianapolis C. &L., 7s of ’97..
2d mort., 7s,
113*9
1901.J&J
Ft. Madison AN. W., 1st 7s, g.,1905
Ft. W. & Denv. City—lst, 6s, 1921.
Frankfort & Kokomo—1st. 7s. 1908
6 s,
113
10s, ’88.M&N
j i Galveston Har. & San Antonio—
,
lj
1
i
i
i
Chic. & Gt. East., 1st, 7s, 93-’95»
Col.& Ind. C., 1st M.,7s, 1904.J&J tll4V
2d M.7s, 1904.M&N j 109
do
j
i
100*2
105
‘
91 *2
93
91
65
104
101
do
2d mort., 8s
N.O.Jack.&(it. N., 1st.,8s.’86. J&J
do
2d M.,8s,’90,ctfs.A&0
do
2d mort. debt
A&O
J&D
i
:
1931..M&N
noo
! Cin. & Chic. A. L., 18S6-’90
do
2d, 6s, 1931...J&J
Chic.St.P.Min.&Oin.—Con. 6s, 1930 n 1*4 111*2 Gal.IIous.& Hen.—1st,5s,
gold A&O
Ch.St.P.& Minn. lst,6s,1918M&N 118*4119
Georgia—7s, 1883-90
J&J
Land grant, ine., 6s, 1398M&N
!!
11534 no
115
115*4
transactions.
j
121%
till
(100
•104
Land grant
no
1385
F&A’ 104
E.Tenn.Va.& Ga.—1st, 7s, 1900 J&J
Consol., gold, 7s, cp., 1902..J&D 127*2 127%
lst mort., consol., 5s, 1930 ..J&J
127
T
reg
do
do
!
111
Income, 6s, 1931
Siuking fund, 6s, 1929
A&O 104*8
Divisional, 5s, 1930
.J&J
104*4'
do
5s, 1929
A&O
E. Tenn. & Ga., lst,6s,’83-86.J&J
95
95
;
do
debent., 5s, 1933.M&N
E.Tenn.& Va.,end.,6s, 1886. M&N
Escan.&L Sup., 1st, 6s, 1901.J&J
111*2
i Eastern, Mass.—6s, g.,1906. .M&S
Des M.& Minn’s, 1st,7s,1907.F&A
107
131
Sterling del»s., 6s, g., 1906..M&S
Iowa Mid., 1st M., 8s, 1900. A&O 128"
Eliz. City & Nor.— S.F. deb.,6s.A&f>
125
Peninsula, 1st, conv., 7s,’98.M&S
1st mort., 6s, 1920
M&S
SO '*85**
123*2
Chic. & Mil., 1st M., 7s, ’93..J&J 123
Eiizab. Lex.& Big S—6s. 1902. M&S 104
Mil. & Mad., 1st, 6s, 1905..M.&S.
i‘i*5*^
129*2, 1EiJnira& W’mspt—ls^ ,6s,1910.J&J 115
Madison Ext., 1st, 7s. 1911 .A&O 1127
93*2
123*2!
5s, perpetual
A&O 98
1127
Meuominec Ext.,1st,7s,1911 J&D 1127
Pittsb.—2d, now lst
J& I 107
Northwest.Un., lst,7s, 1917.M&S 1127*2 128*2' :Erie &
Cons, mort,, 7s, 1898
126*2
J&J 111
Ihic.R.I.&Pac.—6s, 1917,coup. J&J
127
Equipment, 7s, 1900
A&O 101 106
6s, 1917, reg
I&.T *119
1Evausv. & Crawf.—1st, 7a, ’87. J&J
102
Chic.&S.W.. 1st,7s,guar.,’99. M&N
96*u 98*u
Evans.& T.II.,lst eon.,6s,1921,J&J
122
Ihic. St. L.&N.O.—1st con. 1897,7s
:
Evansv.T.H.&Chi.—1st,
7s,
g.M&N
100
112
2d mort 6s, 1907
J&D
i‘id‘*4
A&O i 110
Ten. lien, 7s, 1897
M&N 120 ! 122 ;;Fitchburg—5s, 1899
112
5s,
!
107
7s
1900-01-02...
a&o
;
1111
'
5s, 1951, gold
118
1
1100
i
6s,
1393
A&O
f
117
Miss. Ceu., 1st M.,7s,’74-84.M&N 1 100
1124*4 124*9
120*2
90
100
109
92
111
103
no
.
98
110
1
93
j
112 *2 j
Cairo & St. Louis—1st mort
i
Califor. Pac.—1st M., 7s, g.,’89. J&J lbs "
2d M., 6s, g.,end C. Pac., ’89.J&J !uoo
103
3d M. (guar. C. P.), 6s, 1905. J&J t
j '<
do
do
3s, 1905. J&J
|
California So.—1st, 6s, 1922. ..J&J
“i!
Camden & Atl.—1st, 7s, g., ’93..J&J
2d mort., 6s, 1904....
A&O
Cam.& Bur. Co.—1st M., 6s,’97.F&A
Canada So.—1st M.,guar.,1908,J&J ‘*9*334 99
86
11
2d mort., 5s, 1913.
M&S
100
90
Carolina Cent.—1st, 6s,g.,1920. J&J
Fund, coupon 7*, 1895
MAN
Atch.& Pike’s P’k, 1st. 6s, g. M&N
Cent, of Ga.—1st. cons., 7s, ’93. J&J
Certificates of indebtedaess, 6s..
Cent. Iowa—New 1st., 7s , ’99. J&J
Inc. bonds,“ debt certs.”, 7s,A&O
Eastern Div., 1st, 6s, 1912..A&O
Central of N. J.—1st M,7s,’90. F&A
7s, 1885
C u mberl. Val.—1 s t M., 8 s, 1904. A &O
I! Dakota Southern—7s, gold,’94,F&A
J&J
1 Dayton & Mich.—Consol. 5s
120
Chic. & Pac. Div. 6s, 1910
do
West. Div., 5s,1921. J&J
Mineral Pt. Div., 5s, 1910...J&J
Chic. & L. Sup. Div., 5s, 1921...
Wis. &Minn. Div., 5s, 1921... J&J
!'
70
no
103
*102
2d mort
130*2 130% j
’(
------
*
Connecting (Phila.)—1st, 6s ..M&S
Consol.RR.or Vt., lst, 5s, 1913.J&J
Cumberland & Penn.—lst more
100
1st M.,6s, S’thwest Div. 1909J&J
1st M., 5s. La C. & Dav.l919J&.
J&J
So. Minn. 1st Os, 1910
,1123*2 124
105
40
..
1109*2 110
Chic. & Mil., 1st M., 7s, 1903.J&J
1st mort., consol., 7s, 1905.. J&J
1st M., I. & I>. Ext., 7s, 1908J&J
i
115*2
1112*4 112*2
106
1105
BklynBath&C.I.--lst,6s, 1912. F&A
Brooklyn Elevated—Bonds
1900
P. du C. Div., 1st, 8s, 1898. F&A
P. D., 2d M., 7 3-10s, 1898..F&A
St. P. & Chic., 7s, g., 1902.... J&J
Mil. & St. P.,2d M.,7s, 1834. A&O
La. C., 1st M., 7s, 1393
J&J
I. & M.f 1st M., 7s, 1897
J&J
I’a. & Dak., 1st M., 7s, 1899. J&J
Hast. & Dak., 1st M.,7s, 1910. J&J
1st M., 7s, 1889-90
T&J
109 j
B. C. F. & N. B., 5s, 1910 ....J&J | 103*2
122
(120
|
N. Bedford RR., 7s, 1894....J&J
I 101*2 102*2,
Equipment, 6s, 1885
F&A
Framigham & Lowell—1st,5s, ’91
bonds, 1907
Chic. & Gr. Trunk—1st mort..
103
108
17
1
18*2
Income 5s, 1931
.Scioto & Hock. V, 1st, 7s.. .M&N ttoo
Balt. Short L., lst, 7s, 1900..J&J
Clev. Col. C. & I.—lst, 7s, ’99.M&N 122*2 i*24
Consol, mort., 7s. 1914
J&D 121
Cons. S. F., 7s. 1914
J&J 120%
Belief. & Ind. M., 7s, 1899...J&J 112
130*4 Clev. & Pitts.—4th M„ 6s, 1892.J&J 108
102
Consol. S. F., 7s, 1900
M&N 126 128
104*4 Clev.&M. Val.—1st, 7s, g., ’93. F&A
C6
95 V Columbia & Grcenv.—1st, 6s, 1916
76
79
2d mort., 6s, 1926
105*4
80*2
Col. Hock. Val. & Tol.—Consol. 5s
117
Col.&Hoclc.V.—IstM.,7s,’97. A&O 1114
do
2d M., 7s, 1892. J&J 1105*2
87
1114
Col. & Toledo—1st mort. bonds
118%
1108
2d mort
do
iid
Col. Springf.&C.—lst,7s,1901.M&S
112*2
10534 Col. & Xenia—lst M., 7s,1390.M&S fill
119*2
873s Conn. & Passump.—M., 7s, ’93.A&O 1119
104
115
Massawippi, g., 6s, gold, ’89 J&J 1102
70
123*2 Conn. Val.—lst M., 7s, 1901...J&J
24
30
113
Conn. West.—lst M., 7s, 1900. J&J
117
118*4
111
113
30
1103% 104
98*2 100
95
120*4
104
104
1122*2 123
2dmort., 6s, 1885
.......
Quincy & Wars’w, 1st, 8s, ’90. J&J!jlj i 112*2
112*2
116
•114
120
103
103
Ask.
Cin.&Sp.—7s, C.C.C.& I., 1901.A&6 110
7s, guar., L.S.& M.S., 1901.. A&O no
1 Ciu. Washington & Balt.—
lst M., guar, 4*2S-6s, 1931.M&N 101% 102
03^8 70
2d mort., guar., 5s, 1931
J&J
34*2 35*4
3d mort., gold. 3s-ls, 1931.,F&A 1
il 122*2
Om.& S.W.,lst,Ss,J&D;l
m. Grand Tr.. 1st. 8s.*’90...A&O 1 112%_
Dixon Poo.& II., 1st, 8s,1889. J&J tllO%
1110%
Ott, Osw. & Fox R„ 8s, 1900. J&J It
it 125
125 126
il7
1115
L14
Neb.RR,lst,7s,’96A&0 11 114
do
do
110
115
121
123
;ios
1113
mo
J&D
5s, 1927
Sterling, 6s, 1895
M&S
Sterling mort., 6s, g., 1902..I
do
6s, g., 1910. M&N
Sterling,
Bid.
Cin. Rich. & Chic—1st. 7s, ’95. J&J 11107
110*2 ii’i" Cin. Rich. & F. W.—lst, 7s, g... J&D 1107
Cin. Sand’ky & Cl.—6s, 1900..F&A 11101*4
101*2 102
51
5134
78,1887 extended
M&S il02*y
Consol, mort., 7s, 1890
J&I) 1
102*2
do 2d M. (360), 7a, ’99.. J&J
87*2
do 2d guar.( 189) 7s,’93.J&J
89
Chic.& Atlantic—1st, 6s, 1920.M&N 1*04*2
108
Chic.B.& Q.—Consol.,7s, 1903 J&J 130
1106
121
Bonds, 58, 1895
1120
J&D *101
107
1106
5s. 1901
A&O 104
95*2
11118*2 119
5s, debenture, 1913
M&N
N.Mex.&So.Pac.,lst,7s,1909
118^2
1108*2 109
5s, 1919, Iowa Div
A&O 105
1 11 S % 119
4s, 1919,
do
A&O 94
Pueblo & Ark.V., 1st, 7s, g.,1903
89
100*4 100*2
4s, Denver Div., 1922
1st,
1910,
J&J
Sonora,
7s.
guar..
83
108
110734
4s,
plain
bonds.
1921
Widiita&S.W.,lst,7s,g.,gua..l90‘:
Bur. & Mo. R., I’d M., 7s,’93.A&Oit1118*4
118*4
113*2
Atlanta & Charlotte Air L.—1st,7s
do
Conv. 8s.’94 ser.J&J'61
83*2 90
Income, 6s
Bur.& Mo. (Neb.), 1 st,6 s, 1918. J&J!11115*2
92*2
1115 *2
Atlantic& Pac.—1st 6s, 1910..J&J *18 34 20V
1105*4
do
Cons, 6s, non-ex.,
J&J 105 106
Incomes, 1910
do
4s, (Neb.), 1910... J&J i 187*8
Baltimore & Ohio—6s,
mtin’d) —
Ind’apolis & Cin., lst,7s,’88.A&0
Cin. Laf.& Ch.—1st, 7s,g.,1901.M&S
Cin. Northern.—lst, 6s, gold, 1920,
Cin. I. St. L. & Chic.—(C
102
6s, currency, int. deferred. 1918.
6s, 1911
A&O
S7
Ches.O.& S.W.—M. 5-6s, 1911.F&A
1109*2 no
Cheshire—6s, 1896-98
Chic. & Alton—1st M., 7s, ’93.. J&Jr| 119
Sterling mort., 6s, g., 1903..J&J J117
J117 119
f! 115*2
Bds. Kan. C. liue,6s,g.,1903.M&N;
115
Cent.—1st M.,
Incomes.
100
105
104
—
123
Allegli. Val.—Gen. M., 7 3
East, exten. M., 7s, 191
Railroad Bonds.
Ask.
107*2
Charl’te Col.&A.—Cons.,7s,’95.J&J
2d mort., 7s, 1910
J&J
Cheraw & Dari.—1st M.,8s,’88. A&O
I
2d mort., 7s
113
| Ches. & Ohio—Pur. mouey fd.,1898
Series A, 1908
111*2
i
107
6s, gold, series B, int. def. 1908..
1903...
Pa?e of Quotations.
Bid.
Railroad Bonds.
Ask.
Bid.
Bonds.
N. Y.—Water.
STOCKS AND BONDS—Continued.
Explanations See Notes at Head of First
For
Railroad
255
THE CHRONICLE.
1, &S84.J
Maech
t In London,
107
113*4
128%
103-
256
THE
GENERAL
For
Bid.
H.A Tex.Cen—1st iii.,7s,uu:ir.lS91
West. Div., 1st, 7s, g., 1891.. TAJ
Waco AN. \V.,lst, 7s, g.,1903. JAJ
Cons, inert., 8s, 19 L2
AAO
Waco it N., 8s, 1915
Gen. mort. 6a, 1921
A AO
Hunt. A Br. Top -1st, 7s, ’90.. A AO
2d mort., 7s, g., 1895
FAA
Cons, 3d M. 5s. 1895
A AO
HI. Cent.—1 at M.Cliic.A Spr.’98JAJ
Middle Div. reg. 5s, 1921
Sterling, S. F., 5s, g., 1903..AAO
:io7'
109 "
116
108
M.AClarksv8t’g,6190
85%
70 l2
88*2
...
Income, 1919
Ind. Dec. ASn.—1st, 7s. 1906.A&0
2d mort., 5s, 1911
IAJ
2d mort., income, 1906
JAJ
Trust Co. cert
New 1st mort. 6s, funded
.
Ind’polis A St.L.—1st,7s, 1919.Var.
Ind’apolis A Vin.—1st, 7s, 1908. FAA
2d mort.. 6s, g., guar., 1900.MAN
Int. & Gt.North.—let,Gs, 1919.MAN
Coup. 6s, 1909
MAS
2d mort., income, 8s, 1909
Ionia A Lansing—1st 8s,’89. ..JAJ
STOCKS AND
107
”33'
1 112
112
101
10934
8434
First
of
7s, ’87..JAJ 100
1st mort., 7s, 1889
JAJ 100
Jeff. Mad. A Ind.—1st, 7s,1906. A AO till
2d mort., 7s, 1910
JAJ 1115
116
116
BONDS—Continued.
Railroad Bonds.
Bid.
Ask.
Railroad Bonds.
Mexican Cent.—1st. 7s, 1911..JAJ
Mexican National—1st mort
60
64
233g
24*2
Norfolk A Western—(Continued) —
South Side, Va., 3d. 6s,’86-’90.JAJ
Subsidy bonds
Mich. Cent.—Consol., 7s, 1902 MAN 121
Consol. 5s, 1902
MAN' 101*2
1st M. on Air Line, 8s, 1890. JAJ 4112%
Air Line, 1st M.f 8s, guar. ..MAN f 110*2
Gd. Riv. V., 1st 8s, guar.,’86. JAJ tl03*2
6s. 1909.:
MAS
5s, coup., 1931
MAS|
5s, reg., 1931
MAS! 102*2
128
106
113
112
KalamazooAS.H.,lst,9s,’90.MAN It 113*2
J.L.ASag.lst,8s’85,“wh.bds”JAJr 105
114
106
tiii" i’11'1*2
Jefferson—Hawl’y Br.
[Vox,. XXXVIII
Pa^e ol’ Quotations.
J.L. A Sag.North Ext.,8s. ’90.MAN
do ' Cons. M.,8s,’91. .MAS 1116
8534
do
Cs,1891
MAS 1102
72
Joliet A N.Ind.,lst,7s (guar.M.C.)
.20
89
Michigan A Ohio—1st mort
35
Midland of N. J.—1st,6s,1910,AAO
94’2
Mil.L.S.A W.—1st M.,68,1921. MAN 102*2
108*2
78
1st, incomes
Mil. A No.—1st, 6s, 1910.. ..JAD
97*2
Minn. A St. L1st M„ 1927..JAD 125
1st M., Iowa CityA W., 1909. JAD
2d mort., 7s. 1891
JAJ 100
Southwest. Ext., 1st, 7s, 1910
111*2
Pacitie Ext., 1st, 6s, 1921
102*4
Miss.A Tenn.—1st M., 8s,series “A” 124
8s, series “B”..
JAJ 106
85
Mo.K. A T. —Cons. ass.. 1904-6.FAA
Con soil do ted 6s, 1920
JAD
82*4
Consolidated 5s, 1920
693i
JAD
Iowa CityA West.—lst,7s,1909MAS
I’a Falls A Sioux C.—1st, 7s,’99 A AC) 1120% 121
.
.!!
98
11a
liGio
90
117
115
115
89
114
1st mort., 4-5-G, 1909
AAO
2d mort., 4-5-6,1909
AAO
East. Div., 1st mort. 6s, 1921
East Div., income
Ask
109 78
108
112*2 115
12134 126
Sterling, gen. M.,6s, g., 1895. AAO ;ill
Sterling. 5s, 1905
JAD J10G
Ind. Bl. A W.—1st, pf„ 7s, 1900JAJ 118
!
OP
Efplaiiatloiis See Notes at Head
Railroad Bonds.
K.LC.8S&tJMosA
QUOTATIONS
CHRONICLE.
1st, 6s,
1899. (U; P. S. Br.)JAJ
2d mort., income, 1911
AAO
General mortgage
g.,
Boonev’e B’ge,7s,guar,1906.MAN
Han. A C. Mo., 1st 7s, g.,’90.MAN
Mo.Pac.—1st mort.,6s,gid,’88, FAA
Consol. 6s, 1920
MAN
2d mort., 7s, 1891
JAJ
Car. B., 1st mort., 6s, g. ’93..AAOJ
70*2
105
105*2
101*2
Bid.
103
101
124
103
VirginiaA Tenn., M.,6s, 1884. JAJ
Va. A Tenn., 4tli M., 8s,1900.JAJ
North Carolina—M.. 6s
North Penn.—1st M., 6s, 1335. JAJ
2d mort., 7s, 1896
MAN
Gen. mort., 7s, 1903, reg
New loan, 6s, reg., 1905
TAJ
MAS
123
122
105
MAS
Northern, Cal.«-lst, 6s, 19 >7..JAJ
Nortli’n Cent.—2d mort.,6s, 85. JAJ
116*4
95*2
103
3d mort., 6s, 1900
Con. mort., 6s, g., coup.,
Os, g., reg., 1900
125
112
102*4 1.02L,
no
121*3
121*2 1>5
no
110*3
Northeast.,S.C.—1st M.,8s,’99,MAS
2d mort.. 8s, 1899
Ask.
103*2 105
119*2 122
AAO
117
AAO 119*2
Mort. bds., 5s, 1926, seriesA JAJ 102
do
series B
101*2
Cou. mort, stg. 6s, a., 1904., .JAJ 1105
1900. JAJ
Northern, N.J.—1st M.,6s, ’88. JAJjtlOO
Norw’hAWorc’r—lstM.,6s.’97.JAJ 1116
98*2 North. Pac., P. IPO Div.—6s, MAS.
Mo. Div. 6s, 1919
MAN
121 ’
Gen’l 1. g„ 1st, 6s. 1921
JAJ
1.
Gen’l
g., 1st, Gs, reg
JAJ
199
i 99*2
101%
i 12" Ogd’nsb’gAL.Ch.—lstM.0s,’98,JAJ
102%
;s.
F., 8s, 1890
Consol, ,6s. 1920
109
1100
103
102**
107
102
118
100
100*3
100*3
MAS 1103
<83
104
85
19*2 20
Income, 1920
Cent.—1st,mort.,6s,1920. JAJ
Incomes, 1920
Ohio
823s
69 7s
119
122
69*a
71
14
1st Ter’l Trust. 6s, 1920
JAJ
Mineral Div., inc. 7s, 1921
70%
River Div., 1st
30*2
do
income
5%
jOhioAMiss.—Cons. 8. F. 7s,’93. JAJ 117%
Cons, mort., 7s, ’98
JAJ 117*2
105%
2d mort., 7s, 1911
AAO 120*2
105
1st mort.,Springf.Div., 1905 MAN 120
Ohio Southern—1st 6s, 1921.. .JAD
83
2d income, 6s, 1921
115*2 Ohio A W.Va.—lst,s.f.,7s,1910MAN il2'
Old Colony—6s, 1S97
FAA !t 120
6s, 1895
JAD 1117
59
7s, 1894
MAS 1124*4
32
Grog. A Cal.—1st 6s, 1921
JAJ
30*3
6
Junction (Pliil.)—1st,4*es,1907 JAJ
104%
121
2d mort$ 6s, 1900
AAO
1 L1 *2
83
K.C.Ft.ScottA G.—1st,7s,1908 JAD f 115
115*2
22
Kansas C. Lawr. A So. 1st, 6s. 1909, 1108
108*4;
3d mortgage, 7s, 1906
MAN,
C.B.—M.7s,1907..JAJ 1119*4 119%
Income", 7s, 1892
MAS;
Kansas A Nebraska—1st mort
120%
76*2 79
Mob. A Ala. Gr. Tr.—1 st, 7s, g’ld,’95
119
2d mort
36*2 38
Mobile A O.—1st pref. debentures..
56
124%
Kentucky Central—6s. 1911... JAJ
2d pref. debentures
23
:..
94
Keokuk ADes M.—lst,5s,gunr.AAO 105
i*07*‘
3d pref. debentures
Oregon Short Lino—1st mort
95
L. Erie A West.—1st, 6s,1919.FAA
93
94
4tli pref. debentures
"20
69
Oregon A Transcont.—6s, 1922
*3 69%
31
Income, 7s, 1899
New mortgage, 6s, 1927
106% 107
Osw.ARome—1st M., 7s, 1915.MAN 120
Sandusky Div., 6s, 1919
FAA
Collateral trust 6s. 1892
105
JAJ
Panama—Sterl’g M.. 7s. g. ’97.AAO |115 117
do
40
income, 1920
Morg’iCs La. ATex.,1st,6s,1920JAJ
Sinking fund sub., 6s, 1910.MAN
Dal. Bl.A Mini.,1st, 6s,1919. MAN
93*2 95
Morris A Essox—1st, 7s, 1914 MAN 138
Subsidy bonds, Eng. issue, 6s
ji*06* 1*08*
do
31
income, 7s, 1899.
2d mort, 7s* 1891
114
FAA 113%
Paris ADoc’t’r—lstM.,7s,g.,’92.JAJ
35
45
Lake Shore & Mich. So.—
JAJ
Bonds, 78, 1900
Ponna.—Gen. M., 6s, cp., 1910 Q—J 120
121
M.S0.& N.I., S.F.,lst, 7s,’85.MAN 1047s 1053s
General mort., 7s, 1901
123
AAO 122
Geu’lmort., 6s, reg., 1910..AAO 120 122
Cleve. ATol., 1st M.,7s, ’85..JAJ 104
105
Consol, mort.,7s, 1915
..JAD f 127*2 128
Cons, mort., 6s, reg.,
do
2d M., 7s, 1886.AAO 107 h 108
1905..Q—M 117 118
Nashua A Low.—6s, g., 1893.FAA 111
111*4
do
6s. coup., 1905..JAD 117
118
Cl. P. A Ash., new 78, 1892.. A AO 114
106
5s, 1900
106 *2j
Collateral trust, 4*23, 1913.
BufLAE.,newbds, M.,7s,’98. A AO 121
Nashv.Ch. A St. L.—1st, 7s,1913 JAJ 118
Penn. Co., 6s, reg., 1907
107
109
Buff. A State L., 7s, 1886
IAJ
2d mort., 6s, 1901
JAJ 100
103
do
1st M.,4*2S, 192
95*3 95%
Det. Mon. A Tol., 1st, 7s, 1906... i 23
1st, Tenn. A. Pac., 6s, 1917...JAJ
Penn.AN.Y.lst.7s,’96A1906.JAD 127
Jamest.A Frankl..lst,7s,’97.JAJ
1st, McM. M. W.AA.,6s,1917.JAJ f....
Pousacola A Atlantic - 1st m..MAS
71
do
777a
2d M.,7s,’94. JAD
Nashv. A Decat’r.—1st,7s,1900. JAJ t.....
Peoria Dec.A Ev.—1st,6s,1920,JAJ 101
105
Kalamazoo A1.& Gr. R.,1st,8s. JAJ 112
113
Natchez Jack. A Col.—1st, 7s, 1910
Incomes, 1920
60
Kal.A Schoolcraft. 1st, 8s,’87. JAJ
Nevada Ceil.—1st 6s, 1904
A&O
Evansville Div.,1st 6s,1920.MAS 101
Kal.& Wh. Pigeon,1st.7s,’90..JAJ 110
113
Newark A N. Y.—1st, 7s, 1887.JAJ 106
do
58
income, 1920
Divideud bonds, 7s, 1899... A AO 123*3
New’kS’setAS.—1st. 7s, g.,’89.MAN 102
106
Peo.A Pekin Un.—1st,6s,1921.Q— F 100
105“
i‘30' Newlmrg D. A Conn.—Inoomo
S.,cops.,cp., 1st,7s. JAJ
22*0 Perkiomon— 1st M., 6s, 1887.. A AO 102% 103
do cons.,regvlst,7s,1900.Q—J 127*4 128
N’burghAN.Y.—1st M. 7s,1888.JAJ 102
Cons, mort., 6s, 1913, sterling
99
196
do cons., cp.,2d,7s, 1903..JAD 121*s
New Jersey A N. Y.—1st mort
95
100
Petersburg
-Class
A
do cons.,reg.,2d, 7s,1903.JAD 121
N. J.Southern—1st M.,new 6s. JAJ
95
Olfissi B
*
*
78
85
Lawrence—1st mort., 7s,1895.FAA
N. O. Pac.—1st, 6s, gold, 1920.JAJ
8*4
84*3 Phila. A Erie—2d Vl.j *7*s,' 18*8*8*. JAJ 110*4 110*3
Lehigh A Lack.—1st M.,7s, ’97.FAA
N.Y. A Can.—£ M.,6s,g.. 1904.MAN no
112
Gen. M.. guar., 6s, g., 1920. .JAJ 1116
118
Lehigh VaL—1st,6s,coup., ’98. JAD 118*2 120
N.Y.C.AH.—Debt cert ext.,5s,MAN 105
107
SunburyAErie, 1st M.,7s.’97. AAO
1st mort., 6s, reg., 1898
120*2
JAD 119
132
Mort., 7s, coup., 1903
JAJ
131*2
Phila. A Reading—2d, 7s, ’93.AAO 118
120*3
2d mort., 7s, 1910
134
MAS 133
Mort., 7s, reg., 1903
JAJ 131*4 132
Debenture, 1893
JAJ
Gen. M., s. f., 6s, g., 1923....JAD
123*4
121
Sterling mort., 6s, g., 1903... JAJ fll9
Cousol.M.,7s,1911, reg.A cp. JAD 127 127*4
Delano Ld Co. bds, end. ,7s,’92 J A J
N. Y. C., 6s, 1887
JAD 106
106*2
Consol, mort., 6s, 1911
JAD 113*« 114*3
L. Miami—Renewal 5s, 1912..MAN 106
107
Hud. R.. 2d M.f 7s., 1885....JAD
106
Improvement mort., 6s, 1897
108
1106
L.RocRA Ft.S.—lst,l.gr..7s ’95. JAJ
85
90
N.Y.Chic.A St. L.—1st,6s,1921. JAD loin. 105
Gen’l mort., 6s, 1908
...JAJ 101% 102
Long Island—1st M.. 7s, 1898.MAN 121
2d 6s, 1923
MAS
89
89
Convertible, 7s, 1893
JAJ
89*3
1st consol. 5s, 1931
1013s N.Y.CityA No.—Gen’l,6s,1910MAN
Q—J 101
34
35
100
Scrip for 6 deferred *2 coupons
1 98
2d mort., 7s, 1918
Trust Co. receipts
Deferred
income
22
23*3
Bouth Side, 1st, 7s, 1887
MAS 1102
N. Y. Elevated.—1st M., 1906.JAJ 118
Income mort., cons. 7s, ’96, JAD
99
100
Newtown A FL, 1st, 7s, 1891
N. Y. A Green w’d L.—1st M. inc. 6s
20
30
CoalA I., guar.,7s, ’92,ex-cp.MAS
85
LXCity A Flushing—1st, 65,1911
92
2d mortgage income
5
7
Phila. WT1. A Balt.—6s, 1892.. A AO nos
iio
do Incomes
132
L33
N.Y.AHarlein—7s,coup.,1900.MAN
6s, 1900....;
AAO 113*3 115
Lou’v.C.A Lex.—lst,7s,’97 JAJ(ox) 115
116
7s, reg., 1900
MAN
5s, 1910
1105
106
2d mort., 7s, 1907
AAO 107
108
N.Y. Lack.A W.—1st, 6s, 1921. JAJ il9*2 126'
Pittsb.Bradf.A B.—lst,6sl9llAAO
78
L’sv.A Nash.—Cons. 1st,7s,’98. AAO 119
120
5s
2nd,
guar
FAA.
99*4 100
Pittsb.C.A St.L.—1st,7s, 1900.FAA 120
120*3
Cecilian Br., 7s, 1907
MAS 109
N.Y. L.E.AW.—1st,7s,’97,ext.MAN 125
2d mort., 7s, 1913
AAO
Louisville loan, 6s, ’86-’87..AAO 103*2 1*04 ’
2d mort. extern, 5s, 1919 ...MAS 110
Pittsb.AConTlsv.-lstM.7s,’98. JAJ 123 *3 1*24*3
Leb.-Knoxv. 6s, 1931
MAS 100
3d mort. ex. 4*2S, 1923
MAS 104
104*2
122
Sterling oons. M., 6s, g., guar.JAJ 1120
Louis. Cin. A Lex., 6s. 1931.MAN 105
4th mort., ext., 5s, 1920.. ..AAO no
Pittsb.Ft.W. A C.-lst,7s,1912 Var 138
Mem.A 0.,stl., M.,7s, g., 1901 JAD +119
121
5th mort., 7s, 1888
JAD 109*2
2d mort., 7s, 1912
136
JAJ
FAA
1st cons. M., 7s, g.,1920
MAS 131
3d mort., 7s, 1912....
AAO 131
N. O. A Mobilo. 1st 6s, 1930. JAJ
90
95
New 2d cons. 6s, 1969
JAD
93%
106
Equipment, 8s, 1884
MAS 1103
do
2J. 6s, 1930
JAJ
85
1st con i. fund coup, ,7s, 1920 MAS
126
.
...
n ^ T
,
...
Pensacola Div.,1st,6s,1920..MAS
St. Louis Div.. 1st, 6s, 1921. .MAS
do
2d., 3s ,1930.MAS
Nash. A Dec., 1st 7s, 1900...JAJ
E. H. A N., 1st 6s, 1919
JAD
Gen’l mort., 6s. 1930
JAJ
80.AN0.Ala., 8. F., 6s, 1910 AAO
1st mort., sinking fund, 8s
L’sv.N.A.AChic.—lst.Gs, 1910.
JAJ
Maine Cent.—Mort. 7s, 1898...JAJ
Extern bonds, 6s, g., 1900... A AO
Cons. 7s, 1912
AAO
Androscog. A Kon.,6s, 1891.FAA
Leeds A Farm’gt’n, 6s, 1901.JAJ
Portl. A K.,Cons. M., 6s, ’95.AAO
ids *3
104
91%
100
108
93
i 120
U10
1120
aoG
flLO
111
80
MAS
JAD
mort.,8s, 1907.
95
89
102
consol.
cons.. Teun. lien, 7s, 1915 J A J
100
new
Mem.AL.K’ck—1st
Memphis A Charleston—1st
let,
Metrop’n Elev.—1st, 6s, 1908. JAJ
Price nominal;
’*92*2
95
122
112
122
108
111
112*2
no
100
90
110
110%!:;::::
late transactions.
cods,
f’d cp.,
5s, 1969
Pittsb. A West.—1st mort
JAD t
PortrndAOgb’g—lst6s,g.,1900JAJ
Vt. div., 1st 5t., 6s,g., 1891..MAN
Gold income bonds, 6s, 1977
Long Dock mort., 7s, 1893..JAD
113
N.Y.& N.Eng.—1st M., 7s, 1905JAJ tl00*2
1st mort., 6s, 1905
JAJ
90*4
2d mort., 6s, 1902
FAA
N. Y. N. II. A H.lst r. 4s,1903. JAD 104*2
N.Y.Pa.A O.—1st, inc.,acc.7s, 1905
do
prior lion,iuc.ac.,5-6s,’95
2d mort. inc
+ ..
3d mort. inc
L’sed L.rental tr’st’73,Tnis.cer.7s
West. ext. certifs, 8s, 1876..JAJ
do
do
7s, guar. Erie
N.Y.Prov. AB’11—Gen. 7s, 1399. J AJ
N.Y.Susq. A W.-1st. 6s, 1911.JAJ
106*2,107*4
MA\! 96 j 95*4
2d 6s. 1H99
2d
Reorganizat’n 1st lion, 6s, 1908
50
1163Q 118
Man.Beach Imp.,Ilm.,7s, 1909,MAS
N.Y.AMan. Beach. 1st 7s,’97,JAJ
Marq’tte Ho.A O.—Mar.AO.,8s, ’92 1117
6s, 1908
6s, 1923.
bT
Debentures 6s 1897
FAA
N.Y.Tex.A Mex.—1st, 6s, 1912AAO
N. Y. West S. A Buf.-5s, 1931. JAJ
Norf’k AW.—G.en’1 M.,6s,1931 MAN
New River 1st 6s, 1932
AAO
Norf’k A Petersb.,2d, 8s, '93. JAJ
South Side, Va., 1st, 8s,’84-’90. JAJ
do
2d M., 6s,’84-’90.JAJ
Port Royal A Aug.—1st, 6s, ’99. JAJ
Income mort., 6s, 1899
JAJ
91
158
25
62
62
1st, 7s, 1921, reg
t The purchaser also pays aoorued Interest.
89
106
20
103
35
91
108
30
106
50
MAN
Rich. Fred. A
Potomac—6s,ext.JAJ
Mort, 7s, 1831-90
JAJ
Rich. A Petersb,, 8s.’80-’S6...AAO
126
New mort., 7s, 1915
MAN
82
82*4 Richmond York Riv. A (Ties., 8s...
70
2d mort., 6s
Roch. A.Pitts., 1st, 6s, 1921.. .FAA
Consol. 1st, 6s, 3 922
537s 54
JAD
104*2 105
do
income. 1921......
102*3 103
RomeWat’nAO.—S.F.,7s.l891. JAD
112
2d mort., 7s, 1892
JAJ
106
Consul., 1st ex. 5s, 1922
AAO
102
Income Ts, 1932.
’58
...
Ren.AS’toga—1st 78,1921 cou.MAN 135%
Riehm’d A Alleghany—1st, 7s, 1920
2d mort., 6s, 1916.
52*2 Rich’d A Danv.—Con.,6s,’90..MAN
ib*4*2 110
General mort., 6s, 1915
JAJ
11
:io
Debenture, 6s, 1927
AAO
I
14*2
5*4! Piedmont Br., 8s, 1388.
AAO
U5
,
I In London.
69
103
96
61
108
1LO
120
70 ;
96*3
112
no
105
60
109
95
56
110
65
,
98*3
108%
104
71
36*3
71*3
37*3
March 1,
GENERAL
For
Railroad
Joseph & Pacific—1st mort
2d mort
fit.L.Alt,&T.H
— 1st
M., 7s, ’94. J&J
2d mort., pref., 7s, 1894
2d income, 7s. 1804
Div. bonds, 1894
—
F&A
M&N
Bellcv.&S.Ill.,lst,S.F.8s,’90.A&0
Louis & I. Mt.—1st, 7s. ’92,F&A
2d mort., 7s, g., 1S97
M&N
1st 7s, iuc., pf.int. accumulative.
2d Gs, iuc., int. accumulative
St.
Ark. Br. 1. gr., M., 7s, g., ’95.J&D
Cairo Ark. & T.,lst,7s,g..*97.J&D
Cairo & Ful., lst.l.g.,7s,g.,’91. J&J
Gen."eon.
r’y & 1.
g.,
QUOTATION'S
Ask.
5s.1931 A&O
It.L&SanF.—2dM.,classA,’06M&N
2d M., Class B, 1906
M&N
79
3s
115
110
103
119
I
I
j
A&O
Dak. Ext.. 6s, 1910
1st consol. 6s, 1933
Minn’s U’n, 1st, 6s, 1922
M&N
J&J
J&J
1st pref. inc., conv.
2d nref. iuc
do
do
......
M&Sj
J&I)
J&J
Indiana]). Div., 6s, 1921
Detroit Div., 6s, 1921
Y.'.Y.V.
109V
! 11012
10714:10s
108 V10838
75:h! 75*4
99
101
9914
class C, 1906
2d 6s, 1909
Tol. P. & West.. 1st 7s, 1917. ..Q
Iowa Div., Os, 1921
nW
109
Railroad Stocks.
j
SO
40
I
98
M&N
South Pacific.—1st M. 1888 .J&J 105
Pierre C. & O. 1st, 6s
F&A
Equipment 7s. 1895
J&D 102
General mort., 6s, 1931
J&J
St.L.Vand.&T.H.—IstM. ,7s,’97. J & J 116%
2d mort., 7s, 1898
M&N 93
2d» 7s,guar., ’98
M&N 109
St, P. & Duluth—1st, 5s, 1931.F&A
109%
St.P.Minn.& Man.—1st 7s,1909 J&J
do
of First Pajje of Quotations.
i Wabash—(Continued)—
i91% 92
iG212: 63
112
112% 113
104
105
110
guar.l909{
Quincy Mo.& P., 1st, 6s,
Cairo Div.. 5s, 1931
J&J
Cons. mort.. 7s,1907.con.,exQ—F
1st. St. L. div., Vs, 1S89, ex.F&A
Gt. West., Ill.,1st, 7e, ’88,cx.F&A
do
2d, 7s, ’93,ex.M&N
Q’ucy & Tol., 1st, 7s,’90, ex.M&N j
I11.& S.Ta.,1 st, 6s,1912,, ex.F&A
Warren (N.J.)-2d M., 7s, 1900. ..
W. Jersey & At. 1st M.,6sl910M&8
West Jersey—1st, 6s, 1896.... J&J
1st mort., 7s, 1899
A&O
Consol, mort., 6s. 1909
A&O
West’n Ala.—1st M., 8s, ’88.. .A&O
2d mort., 8s, guar., ’90
A&O
Vest. Md.—End., 1st, 6s, 90...J&J
1st mort., 6s, 1890
J&J
2d mort.,
—
Bhenandoan Val.—1st.7s, 1909. J&J
General mort., 6s, 1921
A&O
Sioux C. & Pac., 1st M., 6s,’98.J&J
So. Carolina— IstM.,6s,1920..A&O
2d mort,, 68, 1931
J&J
Income 6s,51931
So. Cen. (N.Y.)—1st mort., 5s
So.Pac,Cal—1st,6s,g.,1905-12. J&J
Pac.,Ariz.—1st,6s, 1909-10. J&J
8outhwestem(Ga.)—Con v.,7s,1880
Summit Br.—1st, 7s, 1903
J&J
Bo.
Bunb.Haz.&W-B.—lst,5s,1928M&N
2d mort., 6s, 1938
M&N
Busp.B.&ErieJimc.—IstM.,7s
Syr.Bing.&N.Y.—consol.7s,’06A&0
Tex. Cent.—lst,sk.fd.,7s,1909M&N
1st mort,, 7s, 1911..
M&N
Texas & New Orleans—1st,7s.F&A
8abine Dlv., 1st, 6s, 1912...M&S
Texas & Pac.—1st, 6s, g.1905 M&S
v
Consol, mort.,6s, gold, 1905. J&D
Inc. and land gr., reg., 1915. July
1st (RioGr. Div.), 6s, 1930..F&A
Texas & St. Louis—1st,6s, 1910 J&D
Land grant. Incomes, 1920
Mo. & Ark. Div., 1st, 6s.... 1911
Tol. Cin. & 8t. Louis—1st mort..
Inoome
Tol.Del’s & B.—1st main, 6s, 1910
do
1st Dayton div.,6s, 1910
do
1st Ter’l trust, 6s.. 1910
..
Inoome, 6s, 1910, main line
Dayton Div. inc., 6s, 1910
Tonawanda Val.&C.—1st, 6s, 1931
103
78
93
105
110
94
97
52
80
do
M&S 1121
68,1901
Cam. & Amb.,mort., 6s, ’89.M&N 109%
Union Pacific¬
ist mort., 6s, g., 1896-’99....J&J 115
Land Grant, 7s, 1887-9
A&O 110%
81nk. F.,8s, 1893
M&S 118%
Om. Bridge, sterl. 8s, g., ’96. A&O 1120
Reg. 8s, 1893
M&S 117
Collateral trust, 6s, 1908 ....J&J 105
94
do
5s, 1907.... J&D
113
123
115%
Tioksb. & Her.—New 1st mort
2d mort
3d mort., income
Virginia Midland— 1st series, 6s...
2d senes, 6s
3d series, 5-6s
4th series, 3-4-5s
5th scries, 5s
Incomes, cumulative
Wabash—1st,
.
ext., 7s. ’90, ex.F&A
Mort, 7s, 1879-1909
A&O
2d mort., 7s, ext. 1893, ex..M&N
Equipment, 7s, 1883
M&N
General mort., 6s, 1920
J&D
Chic. Div., 5s, 1910
Havana Div., 6s, 1910
J&J
*
def...
do
Pref
100
Buff. N. Y. & Erie, leased
100
Buffalo N. Y. & Philadelphia
do
do
pref...
90
99
105
97
......
135
26
66
77
77%
Cincinnati & Milford
j
Cincinnati N. O. & Tex. Pac
100
Cin. Sandusky & Cleveland
50
do
Prof., 6.50
i Clev. Col. Cin. & Indianapolis..100
..
106% 107
113% 114%
121
112
115
112
112
•
•
.
•
•
112
109
113
112
109
116
112
113
111
127% 135
108
105
105% 107
109
111
120
112
125
107%
182
44
12 a4
99
99
125
83
1st
do
do
pref
2d pref
Cedar Falls & Minnesota
Cedar Rapids & Mo
do
Pref., 7
Central of Georgia
Central Iowa
do
1st prof
do
2d pref
Central of New Jersey
Coutral Ohio
do
Pref
Central Pacific
Charlotte Col. & Aug
50
.50
100
100
50
50
50
100
100
100
100
100
100
...100
100
50
50
100
100
2d pref. i... 100
do
100
Cheshire, pref
Chicago & Alton
do
Pref., 7
100
100
Chicago & Atlantic
Chicago Burlington & Ouincy..lOO
Chicago & Canada Southern
’Chicago & East Illinois
'Chicago & Grand Trunk
40
Chicago Iowa & Nebraska
100
66% Chicago Milwaukee & St. Paul. 100
do
77%'
80
Chicago & North
Pref., 7.100
Western
Clev. & Pittsburgh, guar., 7
50
Col. Chic. & Indiana Central...100
Columbus & Xenia, guar., 8
50
Col. Ilock. Val. & Tol
100
Columbia & Greenville..
100
do
Pref.... 100
Concord
50
Concord & Portsmouth,guar.,7 100
Connecticut & Passumpsic
100
100
Connecticut River
Pref. 100
do
do
Dubuque & Sioux City
100
Virginia & Ga.100
do
Pref.
East Tennessee
do
Eastern (Mass.)
100
j Eastern in N. H
100
100
Eel River
13
50
Pref., 7..50
do
Erie & Pittsburg, guar.,
7
50
99*4 Evansville & Terre Haute
50
100
Fitchburg
Flint & Pere Marquette
*1%
78 34
74%
100
192
130
128
198
11
do.
do
Pref
54 Fort Wayne & Jackson
6
do
do
Pref.
2
Fort Worth & Denver C
Galv. Harris!). & San Antonio
100
Georgia Pacific
Georgia Railroad & Bank’g Co. 100
Grand Rapids & Indiana
7S7s Grand River Valley, guar., 5.. 100
75*2 Green Bay Winona & St. Paul..100
Hannibal &St. Joseph
80
86
14
25
60
17
30
88
36
do
leased line, 4 p. c. 100
Indiana Bloomington & west’n 100
Indian. Decatur & 8p., com
Pref... 100
do
do
Iowa Falls & Sioux City
100
Kentucky Central
Kookuk & Des Moines
38
79
52%
98
G5
13
50
63
138
40
80
55
100
70
14
51
65
133
146
60
25
101
115
78
165
35
101%
..
Little
Schuylkill, leased, 7
Long Island
Louisiana & Mo. Riv., Com
5
19%
194*
10
2
9
72
11
88
51
55
59%
20
15
89
53
60
60
28
26%
1512
17
58
136
152
Marq. Houghton & Ont
do
pref
7
58%
137
152
Mexican Central
Mexican National
do
90%
117
13
39
86
62
42
59 \
85
60
$40
$57
107% 111
46
117
80
117%
27% 23%
100% 101
20
12%
147
6%
150
9
40
130% 131%
84% 85%
16% 17%
80%
82%
Mobile & Ohio RR
90% Morris & Essex, guar., 7
117% Nashville. Chat. & St. Louis
* In London.
$ Quotation per share.
81
•
•
•
• «
130
80
124
81
125
16
17
101% 101%
$71
17%
71%
20
150
70%
83
72
47%
47%
18
85
165
20
58
95
60
23
100
100
..25
.100
34
90
100
91
92%
15
12
20
12
100
34
100
16
4
6
do
Pref
Midland of New Jersey
Mil. Lako Shore & West
100
Pref....100
do
do
Milwaukee & Northern
100
Mine Hill & S. Haven, leased—50
165
45
13
27
ill
26
100
pref
123% 123% Minneapolis & St. Louis.
do
Pref
4
do
Missouri Kansas & Texas
70
20
Missouri Pacific
164
7%
12%
38%
50 $62
50
Massachusetts Central
Memphis & Charleston
Metropolitan Elevated
Michigan Central
14% Michigan & Ohio
26
14
25
73
111% 112
80% 80%
18
Louisville New Albany & Chic. 100
Macon & Augusta
53 % 53 7s Maine Central
100 x83
100 164%j
54V 543* Manchester & Lawrence
20 n
Manhattan Beach Co
100
$233* 26
57
57
Manhattan Railway
100
$56
91%
do
1st prof
55%
$55
57
10
11
do
common
22
Marietta & Cincinnati, 1st pref..50
1013* 102
do
2d pref. .50
115
120
84
80
iH
(14
10
118
100
100
do
Prof.... 100
Lake Erie & Western
100
Lako Shore & Mich. 80
100
Lehigh Valley
50
Little Rock & Fort Smith
100
Little Miami, leased, 8 guar..
50
100 118% 118%|!Nashua & Lowell
t Purchaser also pays accrued interest.
91%
100
Pref., 7. 100
Harrisburg P. Mt. J.& L., guar., 7.50
Houston & Texas Central...... 100
38
%
%
6*2
%
109 % 110
160
ico% Jeft’v. Mad. & Ind’p’s, leased.. 100
Joliet & Chicago, guar., 7
100
82^2 82% Kansas City Ft. Scott & Gulf... 100
do
do
I60I2 1C6%
pref.. 100
*
28
29
122
11
32
do
9\ Huntingdon & Broad Top
9%
50
do
Pref... 50
do
178% 178%
30
Illinois Central
100
70
10%
Pref. ...100
do
198
135
130
145"
.
Denver & New Orleans
Denver & Rio Grande
100
Denver & Rio Grande Western
Des Moines & Fort Dodge
do
do
Pref..
Det. Lansing & Northern, com .100
44hi Elmira & Williamsport, 5
9914
144
121
Ask
Danbury & Norwalk
50 50
58
60
Dayton & Michigan, guar., 3%..50
140
do
Pref., guar., 8.50 139
138
Delaware & Bound Brook
100 $130
Delaware Lack. & Western.
50 129% 129%
do
Pref., guar
Louisville & Nashville
100
Chesapeake & Ohio, common ..100
do
1st pref... 100
118
112% 113
97*4 98
55
60
98% 99
65
70
105
107
84
98%
Chicago & West Michigan
100
Cin. Hamilton & Dayton
100
(Mil. Indiana]). St. Louis & Chic.100
1
95
75
88
80
99% 100
L05
104
100
99
100
do
pref.. ...100
Chic. St. P. Minn. & Om.,com.. 100
do
prof.. 100
1
*82 *
100
Chicago Rock Island & Pac
Cliic. St. Louis & l’iits
Pref.... 100
do
109*4 Catawissa
95
64
20
117
;Chieago & North West, pref., 7.100
j
*
Bid.
Railroad Stocks.
100
Buffalo & Southwest
109
Prices nominal; no late transactions.
’94.A&O
Brooklyn Elevated, assessm’t paid.
100
Brooklyn & Montauk
ioa*
Utah Cen—1stM.,6s, g.,1890.J&J
Utah So.—Gen. M. 7s, 1909....J&J
Extension, 1st, 7s, 1909
J&J
Utica & Bl’k R.—Mort., 7s, ’91. J&J 112
t
Talley, of Ohio—1st mort
ferm’nt&Mass.—Conv. 7s, ’85.J&J 133
J
Burlington C. Rapids & North.. 100
Inc.,No.11,7s, 1916.M&S
Inc.,No.l6,7s,1916.M&S
Denv. Div., 6s
M&N 109% iio
96 % 97
do 1st cons. M.,6s, 1919 M&N
Atch. J.Co.&W.,1st,6s,1905.0,—F
103
Par
South.—Lim., A., 6s,pref..
122
Cairo & St. Louis
118*4 Cairo & Vincennes, pref
California Pacific
Camden & Atlantic
Pref
do
Canada Southern
109% Canadian Pacific
93
88
93
102
95
106
RAILROAD STOCKS.
Ala. Gt.
111
do
do
do
Atch.Col.&Pac.,lsU»s,1905Q.—F
Nash. & Rocli., guar,, 5s,
88
89
30
35
Atchison Col. & Pacific
1108
110
Atchison Topeka & Santa F0..IOO
127
Atlanta & Charlotte Air Line
108
Augusta & Savannah, leased.. .100
108 4
Baltimore & Ohio
100
110
1st pref.,6 —100
do
90
93
Balt. & Ohio, 2d, pref
108 hi
Washington Branca.
100
89
91
I Parkersburg Branch
100
48
49^4 I Boston & Albany
100
7214 72% iBost. Con. & MoutreaL., new... 100
37
do
Pref., 6... 100
10
Boston Hartford & Erie new
38
do
do
old
18
20
Boston Hoosac Tun. & Western—
2
2*4 Boston & Lowell
500
20
Boston & Maine
100
21
23
Boston & New York Air L
10
do
do
pref
2%
3
Boston & Providence
100
2
2% Boston Revere Boacli& Lynn.. 100
Sterling mort., 6s, 1894.....M&S mi
Ask.
i Albany & Susqueh., Guar., 1... 100
100
Allegany Central
Allegheny Valley
50
United Co’s N.J.—Cons.,6s,’94.A&O
Colorado Cent.,1st, 8s, g.,’90. J&D
Denver Pac.,IstM.,7s,g.,’99.M&N
Kans.Pac., 1st, 6s, 1395....F&A
do 1st M., 6s, 1896
J&D
do lst,R.& L.G.D*d,’99.M&N
Wis. Valley—1st, 7s, 1909
J&J
Wore’r & Nashua—5s, ’93-’95.. Var.
Lim., B, com
i
105% 106% Ala. N. O. & Pac., &c., pref
do
do
iio’*
Bid.
8LL.K.C. & N. (r.e$t.& R.),7s.M&S iio”
do 0m.Div.,lst7s,1919.A&0; 110%
85
82
do Clar. Br., 6s, 1919.. F&A!
do No. Mo., 1st, 1895...J&J 116% 118
87
do St. Cba’s Bridge 6s, 190S
Wab. Fund. 1907-Var. 7s. F&A
do
F&A
Various Cs
End., 2d mort., 6s, 1895
J&J
pref., 6s, 1895
J&J
115
'2d, end. Wash. Co., 6s, 1890 J&J
SanduskyMansf.&N.—1st, 7s,1902
3d, end., 6s, 1900
J&J
Savannah Florida & West.—
At. & Gulf, cons. 7s, 1897
J&J 1110^ 111% West’nPeun.—1st M.,6s, ’93..A&O
Pitts. Br., 1st M.. 6s, ’96
J&J
1st mortgage, 7s
J&J 100 104
115
B.Ga.& Fla,, 1st M. 7s, 1899, M&N 1110
Wheeling & L.Erie—1st, 6s, g., 1910
102
Wilm. Columbia & Augusta. 6s
Scioto Val.—1st M., 7s, sink’g fund 1100
88
Wil.& Weldon—S. F., 7s, g., ’96. J&J
2d mort
88
Consol. 7s, 1910
Winona&St.Pet.—IstM.,7s,’87. J&J
J&J
2d mort., 7s, 1907
M&N
Selma Rome & Dalton—1st mort..
Wisconsin Cent.—1st ser., 5s, 1909
2d mort
Incomes
2d-series, 2s, 1909, if earned
105
BONDS—Coitoniied.
OF STOCKS ANT)
Explanations See Notes at Head
Bid.
Bonds.
Rutlamt—lBt M., 6s, 1.002....M&S
Equipment, 2d mort., 5s
F&A
gt.
257
THE CHRONICLE
1884. j
34%i
$65%
100
100
16
33
100
100
100
21%
91%
9%
50
25
100
124
51
147
66
18
•
35
21%
91%
10
125
54
•
147%
THE
258
OENEliAL
For
Bid.
Railroad Stocks.
New Jersey
Miscellaneous.
Wisconsin Central
do
Pref.
Worc’ter&Nashua .100
CANAL BONDS.
4
Pref
!ilGi4
8%
do
Pre?.
N.Y. Elevated...
N. Y. & Harlem
..
do
9h>
18
1(5
193
Pre1
19
125
200
do
|
do
Pref.
N. Y. Penn. & Oliio
do
N.Y.
65
Pref.
75
do
Pref
N.Y. West Shore* B.
9 hi!
14
10
40 V
95
6s,bt&car,1913M&N
7s,btifccar,1915MifcN
3u8q.—6s,cp.,1918 J&J
ClV
7s, coup., 1902..J&J
80
41
GO 841
158
15G
‘2 3 hi
+93
7L,
138
10
:s
j
Gas
Light Gs
Mort. Gs,g.,1904 J&J
1
Uu. IiR.,lst, end.,68.
19
do 2d,end. Gs,g.M&N
5^34 Col.Coal& Iron—1st,Gs
Cov. & Cinn. Br., Gs...
Gold & Stock Tel
G3
Iron Steamboat, 1st...
10
1 Mariposa—7
133.1
$18
V
Pref.
*
*62
s,
......
Pref....
133
is
do
Pittsburg & Western..
Port.8aco &Porte,lsd 0
Port Royal & Augusta !
113V!
124V Equitable
19%
113
*
’80
§7 3
Metropolitan
100
90
United States
1st, Gs 1910, J.&D.
Oreg.R.& N. 1 st ,0s. J & J
Postal Tel.Co.,0s, 1912
26
113L,
15
27
90
104
104
11 G
110
70
,
80
j
85
j Broadway & 7th Av...
81
181
8’west., Ga., g’d, 7.100
8yr. Ring. & N. Y.100
5
105
93
20 hi
Houst.W.St.&Pav. F’y
1st mort., 7s, 1894..
Second Avenue'
i
3d mort., 7s. 1885...
Consol. 7s, 1888
Sixth Avenue
1st mort7s, 1890..
Third Avenue
j 1st mort., 7s, 1390..
80**}
80
77
10">io 108 V
590; GO
Wl .'CVUitni'M**
•
Price
m
*■
Twenty-Third St.
*3
7
1GL>
27
131
21
4
lo-V)
27 34
14
c
A
47
40
15
100
1st mort., 7s, 1893..
:
GAS STOCKS.
109
'
Balt. Consai. Gas
H3V j Boston
Gaslight...500
103
East Boston
25
i !
South Boston
100
j
.
.
I
126
Brookline, Mass... 100
Cambridge, Mass.. 100
j
Chelsea, Mass
100
j: Dorchester, Mass.. 100
Jamaica Pl’n,Massif
i
?.
Lawrence, Mass...100
“
ell
114 V
100
7ji
j!
iji
172 o2
! j
25s;| People’s,
3V
Brooklyn. 10
& Coke
r
j
j
■!<
16V
43
90
50 V
9
,
.
1
States
lot
13
i5
w
100
York, N.Y
Orleans G. L.
..
St. Louis G. L
10
a.»
’ll
46
L0«i
101
i;N.
itual of N. Y
100
100
*95"
210
110
165
112
LGO
126
113
114
121
114
116
225
1116
i 105
290
no
i
City G. L.20
,];)Georgetown G. L...25
UIANCFACT’ING
STOCKS.
! j
Am. Linen (Fall Itiv.)
!7-Amory (N. II.)
100
131
128
94
58
110
160
96
GO
115
Amoskoag (X.II.) 1000
Androscog’n (Me.). 100
’Appleton (Mass.). 1000
|Q
[JAtlantic
(Mass.)...100
I
Barnabv
(Fall Riv.)...
90
L25
101
L 35
92
122
99
135
91
80
80
Barnard Mfg.
Bates (Me.)
....i
(F.R.)..
lOOi
Robeson (F- Riv.) 1000)
'York Co. (Me.)
750
COAL A: MISOEL.
TUNING STOCKS.
j j Cameron Coal
'Cent.Arizona Min. 100
Colorado Coal & 1.100
Consol.Coal of Md. 100
1
|
/
Ilomestake Min’g.100
Lehigh & Wilkes
Mahoning Coal & RR.
Marip’sa L.&M.Call 00 I
do
pref. 100
j Maryland Coal.... 100
New Central Coal
I
Ontario Sil. Min’g.100
•’)
Pennsylvania Coal.50
Quicksilver Miu’g. 100
t
do
pref
Spring Mt. Coal
190
3 4
90
114
so
125
273
2 LO
215
136
1 L57
115
500
1575
625
235
8S0
77
133
1115
105
12G0
iso
103
580
122
e‘2
400
1205
980
so
......
110T
103
295
52
235
50
114
1160
105
1050
1G0
42
75
44
810
S20
5
5
......
Yo" ”io%
o*>
•4
25
4ml
"
8%
”1*5”
1(3 V
11
9
27V
2/V
2G5
G
27
y 8
7
30
IS
2*25;
Alice
Alpha Consol G&3.100
( Alta Montana
American Flag
!
Amie
Barcelona
i
......
100
....
•01
10
10
Bassick./
9
106
Bechtel
! Belle Isle.
Brnlio
100j ***30
100
Bnldomingo
j
3SV i
100!
100
lOo
lOo
Caledonia B. II
California
Cherokee
10
Clio liar
■
..
Findiey
‘
LL71!
share.
1
1
25
10'.)
..
.
.
*i-*8*)
j
•75
•27
•21
•25
0 1
•94
...
.
....
•04!
•06
•25
•35
•27
*25
1M3
•23
2 75
275
•02
•07
Stripe
dsliaw
j
'
•93
..
1875
0*75
1*75!
2*50
120 V I Consol. Virginia... 10G
Crown Point
2005
100
133
!
iDunderberg
10
Duukiu
L22
100
; Eureka Consol
100
97 V 1 Father De Smct
176* ■ y('Gold Placer
|
•02!
5u
Consol. Imperial ..100
Consol. Pacific
100
)
•09
•20
-
100
10
Chrysolite
! Climax
750
S\;0
50
Bullion
j
‘Bulwer
98
30
j
•15!
•
per
'*8*0 *
190
ioi”
110
150
20 V 21
(N. Y. & SAN. FRAN.)
1
accrued in t. t in London. $ Quotation
11 GO
GOLD «fc SILVER
•TUNING STOCKS5
165
i
597a\ Border
}
City Mfg. (F. R.) t 110
225
75
Salmon Falls(N. II.)300
33%
165
220
90
'Sagamore (F. Riv.) 100
L%'
.825
86
70
830
210
88
'
•11
82
M
L20
65
S25
205
50
195
|Samlw.Glass(Mass.)80
108
Shove (Fall Riv.). 100
330
Slade (Fall Riv.).. 100
: 113
Stafford (Fall Riv.) 100
StarK Mills (N.H.11000 LI 40
283
! 112 V jTecuiuseh (F. R.). 100 100
1000
167
;1 Thor udi ke (M ass.} 1000
114
Tremont vfc S. f Mass) 100 156
83
120
!()!;()
132
99
j Rich. Bord’n(F.R.) 100
]
113 V
107
12S
L27
LGO
81
*38%
97
475
Newmarket
Pacific (Mass.)... 1000 1195
Pepperell (Me.)
500 975
Pocasset (F. R.)... 100
99% 100
$07
$26
U
jlWasli’ton
90
Mcrrimack(Mass)1000j 1250
Metacomet (F.R.) .100)
Middlesex (Mass.). 100) 177
Narragans’tt(F.R,)100)
Nashua (N. H.)
500 570
Naumkeag (Mass.)103> 121
77
N. E. Glass fMuss.)373
17
105
125
125
155
79
350
j San
t
Francisco G. L
-••••»
Lyman M. (Mass.). 100)
Troy C. & V.*.(F.R. 1500
52% 52 V ;UnionC.Mf. (F.R.) 100
i Wampanoag( F. R.) 100
855
8G5
WashLngt’n(Mass.)100
30
31
[Weed Sew. M’c (Ct.)25
110
110% iWeetamoe
(F. It.) 100
107
ICS
Willim’tic Liueu(Ct)25
151)
L50 V
S
62 V
123
605
85
Manchester (N.H.) 100) 132
Muss. Cotton:
1000> 1105
Mechanics’ (F. li.) 100)
Merchants’ (F. R.)100)
2 40
ILL
^
122
pays
155
102
107
315
110
275
111
163
210
13 4
154
70
85
Laconia (Me)
400) 410
Lancaster M.(N.H)400) 490
L’rel Lake Mills (F. R.)
Lawrence (Mass.) 1000) 1525
Lowell (Mass)
GOO) G20
Lowell Bleackory.200) 233
Lowell Mach.Shop.500) 870
25'a
U2V
210
200
10G
150
L05
150
124
111
142
119
110
110
220
114
102
265
105
250
112
110
111
230
120
270
235
10%
Jackson (N. H.)..1000) 1140
103V 105
189
31
155
80
112
136V
950
105
155
507 V
120
600
75
Holyoke W.Power.100)
23
111
152
/
1010
*
King Philip (F. R.) 100)
50
|i
59 7rt
130
125
135
495
370
485
Laclede, St. Louis. 100
Carondeiet, St. Louis 50
jl!
Ask.
*60
Gl’bc Y.MillS(F.R.) 100)
Granite (F.R.)
1000)
Great Falls (N. H.)1003
Hamilton (Mass.) 10003
Hartf. Carpet (Ct.)lOO)
Hill (Me)
100)
460
140
135
Liberties, Pltila..2f> 5i Washington, Phila..20
50%!]Portland, Me., G. L.50 go” "61"
43
90
192
TELEGRAPH
STOCKS.
merican District.10
nm". avu
-fc '
le..
i
T-T;
107
2d pref. certificates
t. Louis Tunnel RR..
t. Louis Transfer Co.
« taud. Water Meter...
utro Tunnel
10
’. 8. Electric Light...
1
1
’440"
......
Y
50
N. Y._50
Spr. B1.(F.R.)
•8
114VH20
i|J
Bid.
Davol Mills (F. R.) 1003
80
IDougl’s Axe (Mass)lOO3
75 % Dwight (Mass.). ..5003
Everett (Mass.)... 1003
Fall Riv. Iron W. .1003
F. R. Machine Co.. 1003
107V 110
F. R. Merino Co... 1003
197
203
Flint Mills (F. R.) 100)
270
300
Franklin (Mo.)
100)
•
115
I
1
Miscellaneous.
'Crystal
7
72
75 V
a/
99
Ask.
56
j Boston Co.(Mass.)1000) 1020
125V 126
j Boston Belting
100) L3G
95
105
'Best. Duck (Mass.)700) 900
25
33
'Chace (Fall Riv.) .100)
83
88
j Chicopee (Mass.) ..1003 150
80
90
[Coclieco (N.H.)
5003 505
xl35
150
Collins Co. (Conn,).. 103
10V
15 L>
16V 'Continental (Me.). 1003
68
57
GO
JCres’t Mills (F. R.) 1003
il
70
j;
55Vl {
;<
100
25
[
G3g j
200
.]
minal; no lata transaction*, f Purchaser also
50c.
]
(h)c.
§1950? 19G
79% 79 hi ;
21
mort., Gs. 1922..
Bonds, 7s, 1898
Dry Dk. E.B.& Buttery
1st M., consol.7s, ’93
100
Scrip Gs, 1914..
104% Eighth Avenue
Scrip Gs, 1914
120
42d & Grand St. F’.v..
1st morf>, 7s, 1893..
7 j"'
Land serin
j
2034
Warr’n(N.J.),l’s’d,7.50
Westch.ifc Pliila.,pf.50
West Jersey
50
West Jersey* Atlantic
Western Maryland
.Hampshire Land 25
.Y.&Tcx.Ld.,Lim. 50i
""o' |
do
do
...
1st
..
50c.
1*30
niort., 5s, 1902..
Central Pk.N & E.Riv.
Consol. M.. 7s, 1902.
*
I
1st pref.
2d pref.
Vicksb. A Meridian
do
fpref...
Wab. St. L. & Pac.lOO
do
Pref. 100
1st
1
.
com.
Brooklyn City...
1st mort.,
Rusliwick Av. (Bklyn.)
Central Crosstown....
**28V
Virginia Midland,
N. Y. CITY
HORSE BUS.
loeckerSt & Fult.F’y
1st mort., 7s. 1900..
82
90
71
1020; 103
100
i
...
100
Christopher & I Oth St.
Pnlliu’n Palace Car—
5
2G
3d scries, 8s,’87F&A U07
!
133 V 135
4th do
8S/92F&A 1113%
14
4
34
14434
Dch’nt’re,7s,’88A&0 \
3V
5
Stlg, 7s,g..l885 A&O
! 57
GO
3t. L. Bridge & Tun—
75
Rich. F. & P., eom.100
1st. 7e,g.. 1929.A&O tl24
do
Guar. 7.100 130
Sp. Vnl. W.W.—1st, Gs.
! Sterling
85
do
do
6
Iron & Ry.—
Richmond & P’b’g.lOO
Series B., inc.. 1894.
"28 h
Rich. & West Point
Plain income Gs, ’90.
!
50
Richmond YorkR.AC.
Western Union Tel.—
14 *4
14Ls
Rochester & Pitts.100
7s, r.ifcc., 1900.M&N 114
20
25 i
Rome W. & Ogd... 100
Sterl’g Gs, 1900.M&S
2 34
Rutland
34 TIISC’LLANEOCS
100
15
15L>
do Pref., 7..100
STOCKS.
St. Joseph & Western.
11%
12U •Ymer. Bell Teleph.100 172
*
50
47
h,
8t.LouisAlt.»fcT.II.l 00
\mer. Bank Note Co..
99 H Aspinwall Land.... 10
do
Pref. 100
4
dost on Land
Bellev.tfcS.Ill.,pr.lOO
10
G J4
8t. L. Jack. & Chic. 100
Boston WaterPowcr..
20,
do
Pref. ICO
Brooklii e (Mass.)L’d5
27e
8t. Louis <fc San Fr. 100 ”2o' 23 l Brush Illuminaling...
25
40 V
4 3 L>'
do
P/e f.... 100
do
87
9J 1
Istpref.lOO
93
?u.
8t. L. Van. & I'. II
!
& Cin. Brid. tc, pf.
185
8t. Paul & Duluth. 100
Edison Electric f tluni.
90*
do
Pref. 100 "96“
i‘35**
94
8t.P.Minn. <&Man. 100
94Lji
ight
Scioto Valley
12
8
do
Pref.
Beab’d & RoanokelOo
do
Guar.. 100
*110
ey Motor
Boutli Carolina.... 100 *15*'
erick Land
10
1%'
So. & No. Alabama
N.E.Mtg.Secur.tBost.,
Ports. Gt.F.ik Con.lOu
Summit Branch,Pa.50
Terre H. & 1 nd’nap.50
Texas tfcJN. O
100
Texas (fc Pacitlc ...100
Texas & St.L. in Texas
do
in Mo.it Ark.
5ol. Cin. & St. Louis..
U. N.J.KR ifcC. Co. 100
Union Pacific
100
Utah Central
100
Vt.cfc Mass.,1’sed.0.100
N. Y. Guar. & ImL.100
N. Y. Life & Trust.100
$
1
1
100
Farmers’ Loan & Tr.25
Mercantile
100
V47 % *48
Mutual Union Tel. Gs.
Nortliw. Tel.—7s, 1904
133 hi Or. Imp.
Company—
”
do
Balt.
j
Pensacola & Atlantic..
Pitts. Cin.
116
iY°^i Brooklyn Crosstown..
7s, 1888..
BONDS.
GOI41 Canton(Balt.)— £ Gs,g..
$ GO
08
TRUST CO.5 3}
STOCKS.
! Am. Loan & Trust.100
25
Brooklyn I rust
J
Central
100
104V!
;
22
20 V
125
Oregon Short Lne....
Oregon Trans-Cont
Oswego & Syr., guar..
li
100
Western Union.... 100
......j
do pf., guar.l0..100 '180
Pennsylvania
50 *$82 h2
32
do
do
22
il 3usquehanna pref.50
50
20 V JIISC’ LLAN EO CS
130
Pref...
...
1st mort., 7s, 1884..
! Broadway
(Bklyu.)
2334
Lehigh Navigation..50
1 98 ! Morris, guar., 4
100
7ifi!
50
7]
i
89%
do
pref.
Del. & Hudson
100
Del. Div. leased, 8..50
3
27S
Ohio Central....
Ohio & Miss
do
Pr<
119 V
106% 107V
Gs, imp.,cp., ’80 MAN
Atlantic & Pacific. .25
Bankers & Merck. 100
Cent. & So. Am. Cable.
Franklin
100
Gold & Stock
25
Southern & Atlantic 25
90
98
80
Bid.
Postal
j
87
GGV
61%
110 V 112
| Union—1st 6s.’83M&N
21V 21 34!! CANAL STOCKS.
4G7s 47as Cal. & Chi.Can.<fc Dock
do
do
102
119
119
131
104
115
109 ig
1120>
124
1st M., Gs, 1897.Q-M
2d M., Gs, 1907..J&J
Mort. 6s,cp.,’95J&J
G
17
8%
Norf.&West,, com.IOC
do
pref. IOC
7s, 1884
J&J
Coup. 7s. 1894.A<fcO
Rem 7s, 1894 ..A&O
113L2
New morfc
ioi" 162**
Miscellaneous.
N. Y. Mutual Union
115"
Penn.—68, coup., 1910
5
16
BONDS—Oontenved.
1
•••
...
Susq. & Western.
do
.
72
39
Del. & II.—7s, ’91 J&J
1st ext., 1891. .MtfcN
91 iv
.
70
35
j1
1st Pa.D.cp.,7s,M&S
Leh.N.—6s, rg.,’84Q-J
253g 25^|
RR. Gs, reg., ’97.Q-F
69 5s 69%
Conv 6s,g.rg.’94Mifc8
133s | 13^!
6s,g.,cp.&rg..’97J&D
180
180
Cons. M., 1911 7sJ&D
10V
Morris—Boat loan, ’85
90 34
57
13 V
30
57 V
1314
20
Chesap. & Delaware—
1st mort., 6s,’8G J&J
Ches.ifcO.—Gs, ’70.Q.-J
Del. Div.—Gs, ’98.J&J
...
1125
110
....
110
STOCKS AND
Ask
Bid.
Wil.&Wcld.,lsd., 7.100
& N. Y...
do
OP
rvoL. xxxviii.
Explanations See Notes at Head of First Pa;e of Quotations.
Ask.
ItR. STOCKS.
Continued.
Newb.Dutch’ee&Com
do
Pre
QUOTATIONS
CHRONICLE.
•30
......
3 50
3*25
.....
■45
259
THE CHRONICLE,
i, 1884.}
March
During
Nov.
^uoestmems
Phila. Ac Reading Coal Ac
Co. bond and mortgage
AND
intelligence.
railroad
The Investors’
Supplement e.onta ins a complete exhibit of the
Funded Debt of States and Cities and of the Stocks and Bonds
of Railroads and other Companies. It is published on the
last Saturday of every other month—viz., February, April,
June, August, October and December, and is furnished with¬
out extra charge to all regular subscribers of the ChronicleExtra copies are sold to subscribers of the Chornicle at 50
cents each, and to others than subscribers at $1 per copy.
REPORTS.
ANNUAL
Tron
Dec.
30,1883.
Increase.
year.
,
Decrease.
$2S2
$1,365
$10,000,000
28, 1870...
Steam-colliers.
2,561,2 i 5
1
15,363
473,003
Susquehanna Canal coal-barges
Schuylkill Canal coal-barges...
Schuylkill Navigation Co.works
1.000,000
and franchises
Other assets—
Cash on hand
Bills receivable
77,592
61«»f *01)
453,075
1,183,363
Freight and toll hills
held by the
-
*
25,442
189,395
Stocks and bonds
company
Materials
on
hand
8,066,047
1,579,986
32,227
1.618,463
7,428.361
216,590
661,976
4,574,073
Due by sundry branch roads...
Due by P. Ac R. Coal Ac Iron Co.
Due by connecting RR. Cos
Due oil ace’t current business..
Sundry debits
Coupons and interest of
16,687,054
14,233,152
559,181
1,068,433
454,93 1
525,6SO
oilier
1,269,896
companies purchased
Funded coupons
tured
Delaware Lackawanna & Western.
(For the year ending Dec. 31, 1883.)
This company never issues an annual report in pamphlet
form. The very brief statement of income account and the
balance sheet published officially are given below, in comparison
with the figures for previous years, compiled for the Chronicle :
1881.
$
1880.
$
1882.
1883.
•$
$
Gross rec’ts. all sources. 21,656,604 27,396,526 27,006,267 32.819,606
li),/o3jl34 19,032,062 20,163,078 24,165,864
Operating expenses..
not yet ma¬
Expense account deferred in¬
come bonds and 5 p. c. consols
6,843,189
8,653,742
7.763,864
3,558,494
6,843,189
3,620,708
8,653,742
4,940,943
2,276.069
4,205,370
786,000
1,768,500
634
3,222,481
2,096,000
3,700,799
2,*J96,000
7,763.864
5,903,470
..
Net earnings
5,903.470
3,027,381
..
Interest and rentals..
Balance, surplus
Dividends
Rate of dividends
..
..
3
Balance after dividals.
2,436,870
1,490,089
of general mortgage
1874-1908, issue of
$10,900,000 iu Jan. 1870
loan,
500,000
OF
1881.
$
130.873.357
6,265,521
769,169
GENERAL BALANCE AT CLOSE
1880.
Assets—
RR.. buildings.equip-
Total
Liabilities—
Stock
Funde 1 debt.
Balances
Surplus account
Total liabilities...
1,121,850
377,851
1,342,820
*1-17,987
1,265,810
37,026,327
J39,030,197
39,556,677
41,007,034
26,200.000
! 26,200,000
4,014,900
1,200,000
26,200.0.00
4,04 1,901)
26.200,000
5,677,900
600,000
5,148,427
7,5-5,297
8,711,777
439,5 0
10,322,574
37,026,327
I39,030,197
30,556.677
41,007,034
6,50.3,451
4.014.900
An itemized statement of the “ accounts receivable ” and “ accounts
payable” December 31, 1Ss3, is given as follows:
Accounts receivable—
Cash on hand
Coal on hand (less than market value;
Advances to leased roads
Advances on coal to be delivered, Arc
Coal bills and sundry accounts due
Assets N. V. Lackawanna Ar Western Railway...
Loans and sundry accounts receivable
$1,039,280
000,200
1,517,075
721,841
1,400,28.2
1,259,1)90
808,201
7,252,911
Accounts payable—
Past due dividends, interest
101,5.5
and rentals
’84, (since paid)
Rentals payable after Jan. 1
State taxes payable after Jan. 1
December pay-rolls,'payable in January, (since paid)
552,775
1,039,815
Dividend payable lan. 21,
Unadjusted item-; of N. Y. Lack. As Western
payable after Jan. 1
Sundry accounts payable after Jan. 1
Vouchers dim and
427.503
534, M)0
734,330
348.120
917,139
Railway
1.225,000
1
Sundry transfer accounts, since paid
023,844
$7,104,923
„
Balance of accounts
$147,988
receivable.
Phradelphia & Reading Railroad.
(For the year ending Nov. 30,18S3.)
The anuual report of this companv was published in the
Cii ronicle of Jau. 19 (Vol. 38, p. 85 and 86). The general
balance she'et, as of Nov. 30, 18S3, however, has only just come
out iu the pamphlet report, and is presented below, with the
increase or decrease in each item during the fiscal year. Refer¬
ence should be made to the report published in the Chronicle
for explanation of some of the changes.
Balance
sheet of
the
Philadelphia At reading
pany nov. 30, 1883.
railroad com¬
,
Nov. 30.1883.
$27,359,979
4,72 4,087
Depots.
10,398,057 }
Locomotive-engines and cars...
Locomotive-engines and cars iu
2,276,784 S
car trust
8,207,108
Real estate.
Phila. Reading «fe FottsvilleTel¬
20,730
egraph Co. stock
949,353
East Penn. Railroad Co. stock.
Reading A: Colombia Railroad
Co. stock
Allentown Railroad Co. stock..
East Malianoy RR. Co
Mine Hill & Schuylkill Haven
Railroad Co. stock
Phila As Reading Coal Aj Iron
Co. stock
Phila. Ac Reading Cool Ac Iron
Co. bond and mortgage, July
1, 1874
232.480
320,582
217,293
159,499
8,000,000
Conso'idatr d
1871-1911
*$5,246,700
loan,
£
118,811,000
t9,364,000
24,686,600
scrip
Perkiomen mortgage guar, gold
$ or £ scrip
Income mort. loan, 1876-96....
5 per cent consols, mort. loau,
18-2-1922, 1st series
5 per cent consols, mort. loan,
1883-1933, 2d .senes
Bonds and mort. on real estate
Total mort. loan...$69,224,922
Convertible adjustment scrip.
1883-88
Car Trust certificates, issue of
Feb. 15, 1883
Debentuie loans
Debenture convertible loans...
Debenture and guarantee scrip
Loans of Schuylkill Nav. Co...
Loan of East Penn.
Railroad
Co., maturing 1888
During gear
Increase,
decrease.
$27,320
107,211
$5,000,000
1,694,250
$18,450
97,290
2,454,000
3,690
3.133,034
2,415,144
1,639,587
1,689.587
2,019,030
84,983
2,991,360
2,991,360
2.000.000
2,000,000
561,600
6, »<»0
2,651,400
670,500
10,416.900
613,144
2,578,250
195,900
351,500
33,182,875
Common stock
1,551,800
Preferred stock
Deferred income bonds (nomi¬
nal par, $2',591,030)
Other liabilities—
Bills payal.de and loans
Due on account of purchases
stocks and bonds
of
;7,G50,303
43,813
5,825,150
235,997
3.329,002
3,329,002
Receivers’ certificates for inter¬
est due Juno 1, 1880, on C. M.
300,000
loan
Receivers’ certificates for mateaIs and supplies
Due to leased roads and canals,
account
rental
Due to connecting RR. cos
Due ou account current business
Due for wages, mateiials, draw¬
backs, Arc.
Unpaid interest and
State tax on capital
gross receipts
dividends.
stock and
Sundry credits
Insurance funds
Sinking fund, loan 18 10-82
Sinking fund. SclmvlkiJ Nav.
Oo. improvement
Nov. 1, 1880
bonds, duo
received
through
Central N. J. lines
Materials
lease
accounts—
Profit of P. A; R. R. Co.—
Year ending Nov. 30, 1881
Year end ng Nov. 30, 1832
Year ending Nov. 30. 1883
Less loss P. Ac R. G. A: 1. Co. for
1,202,211
1,643,491
547,455
1,020,149
311,672
3 51,033
770,460
1,537,503
1,155,268
418,477
545,354
102,717
3 23,136
13.687
609,578
514,472
493,991
166,070
223,000
595,156
595,156
Income
years ending Nov.
1 882 and 1883
Less amount of
Net amount
30, 1881,
3 42.588
j
835,781 |
2,362,103 1
(
3,223,430
1
13
7,343
decrease
of increase
J
$23,890,780
$5,352,930
5,352,930
$18,537,849
$5,578,000 of consolidated mortgage loan held to meet the above.
t $29,990,000 of general mortgage loan held to meet the above.
; This represents issue price.
*
225,873
Philadelphia Wilmington & Baltimore.
(For the year ending Oct. 31, 1883.)
$3,182
The President’s report says : “Last spring the railroad, the
franchise and all other property of the Dorchester & Delaware
Railroad Company was sold at auction, under foreclosure of
their first, and only mortgage.
“This company were owners of a large portion of their
the whole .property. The
re-organized under the title of the Cambridge &
Railroad Company, the entire capital stock of which
bonds, and became purchasers of
company was
Seaford
29,737,965
mortgage
$152,200,457
ASSETS.
Cct )> i la I acco u n ts—
Railroad
Capital accounts—
loans
Prior mortgage
or
$
33.089,3SG
mortgages..'..!,
LI.ABILITIES.
1373-97
General mort. loan. 1 374-1908
General mortgage loan, gold $
*
Bonds and
$1S,537,649
increase
1,610,799
•$
32,072,860
5,763,146
$
ni’ts, caul lands,Are. 30,278,732
4.697,520
St’ksArbds.own'd,cost
785,731
Net cash A: cur. acc’ts.
1,204,314
Materials, fuel, Ac...
$1,880,726
1,880.726
1.126,481
1883.
$20,413,575
£152,200,457
Less amount of decrease
Improvement mortgage loan,
1882.
978,370
2,613,240
30, 1830.
Loss, per report Nov.
8
YEAH.
85,250
Income accounts.
8
EACHt FISCAL
298,320
penses
Net amount of
INCOME ACCOUNT.
692,727
Discount-, commission and ex¬
•.
Net receipts
692,727
belongs to this company.
260
THE CHRONICLE.
“The Cambridge & Seaford Railroad is 27'28miles in
length,
and connects the tovvh of Cambridge with the Dorchester &
Delaware Branch of the Delaware Railroad
Company, whose
lessees we are.” * •* *
“
The road when it came into our
possession was in such a
poor condition that a sum largely in excess of its gross earn¬
ings has necessarily been expended upon it, and it is not prob¬
able that it will directly pay its
expenses during 1884; but as a
feeder it brings to this company a profit sufficient to
compen¬
sate for its .own deficiencies, as is the case with the other
roads
controlled by this company, whose
expenses are above shown
to be in excess of their gross
receipts.
“The Delaware Railroad Co. earned in
of its rental
excess
$54,015, of which one-fourth part is a direct profit to this com¬
pany and three-fourths parts were returned to us in part pay¬
ment of losses incurred
by this company in past years in pay¬
ing as rental sums in excess of the net earnings of that road.
Since 1872 the claim of this
company allowed by the lessor has
been reduced from $291,803 87 to $183,526
95, and th^re is
little doubt that the claim will be liquidated
tion of the lease.”
“
There was no
*
*
the termina¬
ere
*
charge made to
‘ road' or construction ac¬
year, but the Treasurer’s report herewith
shows that the cost of certain real
estate, wharf property and
side tracks not properly
chargeable to operating expenses
charged 4 income’ account for the year was $102,854 30.
/ The earnings and
expenses, the inaome for the year, and the
general balance have been as follows :
count
during the
Philadelphia
Wilm’u A
Earnings,
Exncnses.
Per ct,
yet.
Balt. RR.—Main Line
—(iiicl’ng branches). $4,324,832
Central Division
Delaware Railroad
Queen Anne A Kent RR.
Dela. A Chesape’ke RR.
693,402
614,606
28,639
70,837
9,354
Camb’ge A Seaford RR.
Total
i
$5,741,672
$2,870,863
66*33
592,455
85*44
442,089
71-93
47,808 166-93
92,550 130-66
20,001 213-82
$4,065,775
$1,453,968
100,916
'
172,516
Loss
...
19.169
**
1880.
1881.
112
112
Receipts—
1982.
37 3
1883.
407
$
1,451,521
88,688
$
1,409,488
153,270
$
1,751,598
103,253
$
1,675,897
109,349
1,540,209
$
1,562.758
1,854,850
$
$
1,785,245
$
219,934
242,989
180,284
85,298
926,080
94,203
935,512
285,329
211,778
54,367
943,601
943,604
Other receipts
Total income
Disbursernen ts—
Rentals paid
Interest on debt
Taxes
Dividends
Kate of dividend
8
Miscellaneous
Total disbursem’ts.
1,231,312
308,897
Balance, surplus
331,417
8
1,272,704
290,054
4*9234
8
8
13,170
150,133
1,522,842
332,014
1,639,078
140,107
GENERAL BALANCE AT CLOSE OF EACH [ FISCAL YEAR.
1880.
$
Assets
HR., equip,bld’gs, Ac. 13,608,152
Stks.Abds.own’d,cost
2,440,205
Bills Aaccts. rec’blo.
240,555
242,005
214,314
80,000
Materials, fuel, Ac...
Cash
on
hand
Sinking fund
Total.
16,825,231
$
LiabilitiesStock
11,585,750
Bds(see Supplement) 3,935.410
All other dues A accts
547,819
Profit and loss
756,246
Total liabilities..
16,825,231
1891.
$
13,878,284
2,758,592
245,104
489,029
116,000
1882.
$
14,183,117
2,071,972
276,155*
324,621
596,097
152,000
1883.
$
14,164,366
1,990,321
370,097
323,866
619,796
188,000
17,497,009
$
11,795,050
3,720,417
799,725
17,603,862
1,165,817
1,405,585
1,506,703
17,487,009
17,603,862
17,650,370
$
11,735,050
3,720,117
616,810
17,056,376
$
11,794,350
3,720,417
*628,406
*Of which, $413,774 is for pay-rolls and vouchers for
October, 1883.
Cincinnati New Orleans & Texas Pacific.
{For the
year
“Ia any event, you leased
not now,
1,675,896
Miles of road
ending Dec. 31, 1883.)
This company operates as lessee the Cincinnati Smthern
road, from Cincinnati to Chattanooga, Teun., 335 8 miles, which
is owned by the city of Cincinnati, and forms a
part of the
reat through line, known as the “ Queen and Crescent’’
route,
etween Cincinnati and New Orleans. The annual
report of Mr.
being run. The Vicksburg Shreve
extending right across the State of Lou"
now
isiana to the Texas State line, will also be
opened in a few
months, and it will bring increased revenue to your
road.
“The operating expenses,
including taxes, have amounted to
$1,800,168 03, which is at the rate of 69 34 per cent.
This is a
still higher figure than that for
1882, which was 64*32 per cent
441 alluded in
my last year’s report to the condition of
the
road, which, as we became better acquainted with
it,
developed
more and more
unsatisfactory features. Your chief
report of last year showed that the expenditures on engineer’s
the road¬
bed must still be
considerable, and that it has been so the
figures for this year plainly show.” * * * 4‘In two
years,
while fulfilling in the most honorable and
complete manner
every obligation contained or implied in your lease of this
property, having vastly improved a road which your chief
engineer
very justly describes as run down and in need of
re-construction,
you have been made to pay in two years 6
per cent upon the
whole of your capital, because
you have leased a railroad which
runs into a
great city over a bridge and ends on a gravel-bank
in a mud-hole. Since the date of the
lease your company has
not received the benefit of an inch of
space from whatever pur¬
chases the trustees may have
made, and such land as has been
purchased by them will need an expenditure of hundreds
of
thousands of dollars to make the same available
for railroad
purposes. To fill this land is not incumbent upon
your com¬
pany. The lease recites that the trustees shall, to the extent
of
their trust funds, provide lands in the
city of Cincinnati for the
erection of work-shops and depots, and for other
terminal faciL
ities and rights of way.
“This would show that
they incurred the obligation of provid¬
ing such lands, and I do not anticipate thataiiagle stockholder
knew the money at command would
virtually do the lessees no
Lo> •s.... 10,646
INCOME ACCOUNT.
Net earnings
passenger trains are
port & Pacific Railroad,
good.
Loss....21,719
70-81
[vol. xxxvin.
either terminal,
or
minus.
“There is
railroad which had not, and has
other facilities, at its largest ter¬
a
a system of roads south of
Chattanooga, having a
mileage of 811 miles, and worth $35,000,000, occupying a
splendid strategical position, which is worked in complete har¬
total
mony with the Cincinnati Southern.
This makes a total mile¬
age of 1,147 miles without anything like proper provision for its
business at Cincinnati.
“The intended future action of the
leasing company is deserv¬
ing of the most serious attention. Your obligations have been
more than met on
every hand, and the spirit as well as the
letter of the lease has been fully
complied with.
On the
other hand you have had
charges imposed upon you which
you should not have had to bear, and the trustees "have
given
you nothing of the needed facilities which are
necessary, not
only for the road, but which you must have to enable you to
bear the heavy burden you have assumed.
“It will readily occur to
you that the expenditure which will
not be available for the benefit of the
leasing company at the
expiration of the lease should be provided for. It has been now
arranged to ascertain such sum each year and to charge trans¬
portation year by year with the proper proportion of the sum
total needed to exhaust the
capital so disbursed.
On the expenditure to date the
Or a total of.
for the
a
sum
needed each year is.
..$35,000
78,750
2years ending December, 1883. This sum is placed as
appropriated for sinking fund pur¬
debit against the $60,000
in i8S2.”
Expenditures
poses
capital account last year were $308,070, of
$183,405 was charged to track and road-bed,
$52,211 to equipment and the balance to bridges, buildings, etc.
The traffic as reported was as follows :
which the
sum
on
of
1883.
Passengers cai ried
Passenger miles.'
'
Tons freight curried
A verage receipt per ton
The
earnings for the
Freight
1892.
597,975
27,449,005
813,737
476,122
25,282,683
806,238
$2'12
$2*22
year were as follows
:
1883.
:
$1,792,629
631,910
99,128
75,491
Passengers
TMail and express.
Miscellaneous
1832.
$ l ,70s,420
617,910
85,043
73,684
John Scott, President, has the following
in regard to the small
Total
increase of only about 1 per cent in the gross
*.
$2,596,191
$2,570,057
earnings of 1883:
14
The causes for this small increase are several. The floods, of Expenses
1,900,108
1,653,004
Net earnings
February, 1883, caused a decrease in receipts of $32,085 36,
$790,023
$917,053
which was not recovered. The wheat crop showed a
large fall¬
Expenses include taxes in both years. The terminal charge*
ing off as compared with 18S2. The cotton crop along the in Cincinnati ($51,153 last
year) are deducted from freight earn¬
lines of other roads is short, so far as present returns
indicate, ings, and do not appear in the accounts above.
some thirty per cent.
The Louisville Exposition resulted in a
The income account is as follows :
large deduction of business from the. city of Cincinnati, as Net earnings, as above
$790,023
many buyers who have been purchasers of goods and supplies Rent of road
$800,000
went to Louisville, as is
Compensation
of
trustees
evidenced by my returns.
The Reserve for
12,000
sinking f ind
year 1883 has not been a good year for business.
18,750— 830,750
General stag¬
nation has prevailed, and this has been
Deficit for the year
especially felt in the
$34,726
iron trade.
The pig iron has been steadily
'..
21,005
increasing in vol¬ Balance December 31,1382
ume, but such has been the flatness of the market that the
Debit balance December 31, 1883
lowest rate in the sliding scale of charges has been in
$1-3,721
opera¬
tion for the whole of tiie year. The pig iron
tonnage for the
„
year 1883 was 97,953 tons, the receipts on which were $163,11016, or an average per ton of $1*665. As most of this iron tra¬
versed your whole road, you will see that the
average rate per
ton per mile was only $0*0049.
I anticipate a much greater
ratio of increase for the coming year, as trade indications are
better, and your road will derive increased business from the
opening of the Queen and Crescent Route, the shortest line
from Cincinnati to New Orleans, between which cities solid
GENERAL INVESTMENT NEWS.
Burlington Cedar Rapids & Northern.—At the annual
meeting of the stockholders of the Burlington Cedar Rapids &
Northern Railroad, held in
Chicago Feb. 26, four of the five
retiring directors were re-elected; the fifth, John I. Blair, was
succeeded by R. R. Cable. At a
meeting of the directors sub¬
sequently held the following officers were elected: President,
March
Judge
Tracy.; Treasurer, H. H.
*art.
Hollister; Secretary, S. S. Dor-
Cincinnati Indianapolis St. Louis Sc Chicago.—At the
regular monthly meeting of the directors of the Cincinnati In¬
dianapolis St. Louis & Chicago Railway Company in Cincin¬
nati, a committee consisting of Messrs. Evans, Wilshire, Broadwell and Anderson was appointed to devise ways and means to
provide for the floating debt. The committee will submit their
report to the directory at the April meeting.
Cleveland Columbus Cincinnati Sc Indianapolis.—The
statement for eleven months ending Nov. 30 is as follows :
1883
1832.
Total earnings —
Operating expenses
.
Operating cost
Netearniugs
Total deductions (interest, taxes. &c.)
Balance to credit of income
Additions to property
r
Net
261
THE CHRONICLE.
1,1384.]
surplus
.$4,065,939
$ l,004,702
67-11 p. ct.
69-70 p. ct.
$1,336,974
574,117
$1,213,386
$762,857
329,220
$610,424
$433,G37
$258,110
2,728,965
2,791,376
602,962
352,311
Colorado Coal & Iron Company.—A circular has been issued
the stockholders of the company, which states that the
board of directors of the company, on January 25, 1884,
each other. Trans¬
of the railway the
power to construe both sides of your contracts, or annul them
if they choose ; to fix prices on fuel, rails, and other material
used by them, and set limits to your trade, as may seem best to
subserve interests elsewhere, at your expense.”
Proxies are solicited for the re-election of the present board.
should be kept separate and independent of
fer control, and you give the administration
Comiotton Valley.—At a special meeting, held in Boston on
the 21st inst., the following was adopted:
Whereas, The interest due upon the bonds of (he Comiotton Valley
Railway is now past due and in arrears; and whereas, there has been
appointed a receiver of all the said railway and property ; and, whereas,
action has been taken, or is about to be taken, by the bondholders for
the 'purpose of foreclosure and sale of said railway and property; now
we, the stockholders of the Comiotton Valley Railway, this day assem¬
bled, do hereby constitute and appoint R. 1*. Ranney of Cleveland, O.,
If. A. Blood of Fitchburg, William Kotcli, .T. M. Watson and I. NI. Ever¬
a committee to act in conjunction with a committee of
the bondholders for us and in our behalf, with authority to take such
action as shall best secure for us our equitable aud legal rights in any
reorganization or sale of our railway or property, or take any action
which shall stay proceedings until our rights shall be recognized. Said
committee are requested to report such leconmiendations'as they may
deein advisable; and said committee are further authorized to nil any
ett of Boston
vacancy
and add to their number.
The meeting
then adjourned, subject- to the call of the com¬
to
mittee.
adopted the following resolution :
Delaware Lackawanna & Western.—At the meeting this
week the following officers and directors were elected:
“Resolved, That in the opinion of this board it is advisable, in order to
protect this company’s interests, that the present board be re-elected at
the next annual meeting, and the officers of this company are herebyauthorized and directed to solicit proxies for that purpose.’-’
The annual meeting will be held at Colorado Springs April
7 next.
President, Samuel Sloan; Secretary, Frederick F. Cham¬
bers ; Treasurer, Frederick H. Gibbons; managers, John
I. Blair, George Bliss, Percy R. Pyne, William Walter Phelps,
Eiias S. Higgins, Benjamin G. Clarke, Jay Gould, Sidney Dil¬
lon, Russell Sage, Edgar S. Auehincloss. Andrew T. McClintock,
Abraham R. Van Nest and Girdner R. Colby.
The two last
The circular says : “The depression in market prices has been
named art# new members of the board.
general, and furnishes no real, honest criterion as to the intrin¬
Lust Tenn. Virginia Sc Georgia.—State Treasurer Speer of
sic value of the company’s securities, its financial position or
basiness prosperity. The annual report will approximately Georgia has bent in New York and received about $750,000
show that during the past year 599,000 tons of coal have been State of Georgia bonds from the hast Tennessee Virginia &
mined, as against 350,894 tons in 1881 and 512,363 tons in Georgia Railroad Company on account of the balance due from
lbb2; 125,000 tons of coke have been produced, as against the sale of the Macon & Brunswick Railroad, now a part of the
47,640 tons in 1881 and 90,256 tons in 1882. At its works East Tennessee Virginia & Georgia system.
at South Pueblo and Denver, it has manufactured in 1883,
Flint Sc Pcre Marquette.—This company’s earnings from
25,000 tons of pig iron, 16,000 tons of steel rails, 63,000 kegs all sources in 1883 were $2,542,943 ; operating expenses and
of nails, 4,500 tons of merchant bar iron, besides joints, spikes, taxes, $1,735,517 ; net earnings, $807,426.
Interest charges,
and other products. The iron mines have shipped a total of $314,127, leaving for dividends, $493,299, out of which seven
39,000 tons of iron ore. The company has no floating debt. per cent was paid on $6,500,000 preferred stock, amounting to
And although the principal of the ten-year bonds ($1,500,000) of $455,000. and the surplus, $38,299, was added to the surplus of
a predecessor company fell due at a difficult moment, before
$35,613 from last year, making a total surplus of $73,912.
new bonds could be negotiated, that debt, with all other debts,
Lehigh Coal Sc Navigation.—In Philadelphia, February 26,
has been paid. It is not denied that this imposed difficulties
at the annual meeting of this company, the President stated
and sacrifices, but they were overcome, and
that the floating debt had been decreased $60,000 and $130,000
In 1983, your company's gross earnings were
$4,126,000 worth of
scrip had beeu paid off out of the earnings. The
Its expenses.
3,813,000
proposition to dispose of 18,900 shares of the company’s stock
Net earnings
;•
$313,000 at par to extinguish the floating debt was discussed, and it was
Add interest'on investments
43,000
$356,000
Deduct fixed charges
Net
Add
„
$138,000
.*
91,000
royalties earned by the company...
Total net results
over
218,000
and above fixed charges
Besides sales of real estate, aggregating
Materials and manufactured si’k on hand amount to
$229,000
$38,000
$456,-928
resolved to leave the time and mode of such distribution to the
discretion of the Board of .Managers.
The following officers
were elected: Board of Managers—Joseph 8. Harris, President;
Francis C. Yarnall, Vice-President;
R Cope, Fisher Hazard, Charles
John Leisenring, James M. Willcox,
Henry, aud Samuel Dickson.
of Charles Wheeler
The
the
was
The
not filled.
Edward W. Clark, Francis
Parrish, George Whitney,
Edward Lewis, T. Charlton
vacancy
caused by the death
Philadelphia North American says it is reported
Lehigh Coal & Navigation Company has extended its
$800,000 floating debt at 4 per cent for one year, with the
option of prolonging the period to five years. If true, this
removes all necessity of issuing the 18,900 shares of stock.
It
is also understood that the company has arranged with the
largest holders of Nesquehonlng Va-liey stock (on which the 7
per cent guarantee under the lease expires next September) to
reduce the dividend to 5 per cent after that date. The alterna¬
tive of accepting this is the sale of the stock at par to the
Lehigh Navigation Company. The reduction in the Lehigh's
Grande was embarrassed, it received at different times finan¬ fixed charges by this operation will be nearly $2G,000.
cial aid from the companies whose consolidation has formed
Long Island Railroad.—The lease of the Central (Stewart’s)
this company, which mortgaged their properties for the pur¬ road to the Long Island Company has been extended for ten
pose, and accepted, as part of the consideration, long-time con¬ years.
The road is about eleven miles long and runs from
tracts, solemnly executed and since repeatedly ratified by the Hinsdale through Garden City to Farmingdale and Babylon.
railway stockholders, whereby, among other things, the latter
Missouri Kansas & Texas.—Since January 1, 1884, no earn¬
ings
been given out. The following is* a brief statement
us asbe given any
overother shipper
as ; which con¬ issuedhave
uring their life-time
for the year 1883 :
tracts were wise in their inception, proved to be of mutual
Gross earnings
$11,275,000
advantage, and enabled both companies to develop their Opeatiug expenses (621e per cent)
7,046,875
resources, and have been deemed inviolable in the past. This
Net earnings
$4,228,125
company, conforming to them, has given all its freight to that Taxes
$200,090
company and ignored competing carriers, until it became the Interest account
3,400,000— 3,COO,000
largest customer of the railway, furnishing it over 30 per cent
of its entire freight earnings. But on Jan. 7 last, in the midst Net
$628,125
180,000
of our increasing trade, an order was issued by the officers of Scrip outstanding ($3,000,000 at 6 per cent)
the railway company, the effect of which was to give largely
Net over nil
$ 148,125
preferential rates to other .shippers and, temporarily, at least,
The company reports that $5,000,000 of the $8,000,000 second
destroy all our newly-established trade in Utah, Nevada and incomes
have been converted into the general-mortgage fives,
California.” * * * “ When we learned of the solicitation of
that
and
conversions are progressing steadily. These new fives
your proxies for a revolutionary board, we had no alternative,
w your
being
mortgage
bonds, and amounting in all to $10,000,000,
representatives, but to lay the facts before you. The
Issue is thus clearly made. Your board did not raise it or seek will increase the cash interest charge of the company about
the controversy ; it is thrust upon them. We sought and seek $500,000 per year.
in this business only what is due to your company, to wit, ‘rates
New York Chicago Sc St. Louis.—The operations of the New
never to exceed the best rates per mile given to any other com¬
York Chicago & St. Louis road for the quarter ending Dec. 31,
pany, association, or individual.’” * * * “ Even if no con¬ 1883, show gross earnings, $854,000; operating expenses,
tracts existed between the companies, their respective interests $479,000; net, $375,000; other receipts, $27,500 ; total net,
are such that, under
present conditions, their management $402,500 ; all charges, $376,000 ; surplus, $26,500.
$400,000 of interestpaying securities, chiefly-Denver & Rio Grande consols. The
litigation involving our title to certain ccal lands in Southern
Colorado is now pending in the United States Supreme Court,
where the final result is expected to be favorable.” * * *
“The only perceptible cloud oil the horizon is the recent
attempt, on the part of the new administration of the Denver
& Rio Grande Railway, to violate the long-standing contracts
and time-honored policy under which both companies have
grown up from their birth.
Long ago, when the Denver & Rio
„“The company has in its treasury over
Promised to give
good rates
its lines
should ever
—
that
-nks
3 *
THE
262
N. Y. West Shore &
CHRONICLE.
Buffalo.—It is reported that the new
interest in this company
N1'
r;*i
[VOL. XXXVIII.
'IJhc (fmmuerciat jinxes.
is represented by Mr W. H. Osborne,
formerly President of Illinois Central, and that he was promi¬
nent in drawing up the financial plan.
Last week the road
averaged 195 through east-bound pasengers daily from Buffalo
COMMERCIAL EPITOME.
to New Y~ork.
The Grand Trunk on Sunday delivered West
Shore 50 through freight cars from Chicago.
In the first 15
Friday Night, Feb. 29.1884.
days of February, West Shore earned enough to pay operating
The weather for the past week was generally favorable ta
expenses for 26 days.
The Financial Record says : “ Atten¬
tion is called to the point that 10 per cent of the original 1881 trade till toward the close, when it turned
excessively cold, snow
subscription to $16,000,000 West Shore bonds has not been
called, and inquiries as to when the call would be issued have falling as far south as central Mississippi. The floods in the
been met by the answer that due notice would be given.
On Mississippi Valley have risen to such height as to do some
payment of this 10 per cent 20 per cent of the bonds and all
the stock on the subscription are deliverable.
This 10 per cent damage, but no serious or general overflow has occurred, and1
would give the company $1,600,000 cash.
The injunction none is now apprehended. Depression has again prevailed on
against the North Rivf-r Company prevents the calling of the the Stock
Exchange, and its influence has been felt to some10 per cent and the delivery of the. bonds and stock.”
extent in mercantile circles, speculative prices of' several
Norfolk & Western.—The earnings and expenses for Janu¬
staple products having materially declined. The regular spring
ary, 1883 and 1884, have been as follows :
business opens with a fair degree of activity.
1884.
1833.
Increase in 1.384.
There has been severe depression in the lard speculation, in
Gross earnings
$213,0*20
$200,487
Tnc., $12,533=0 per cent.
Expenses
129,047
122,003
Inc.,
7,044=6 per cent.
sympathy with a selling movement at the West, but to-day
Net earnings
$77,881
$83,372
Inc., $5,483=7 per cent. there was a stronger, though quiet market, the decline
being
—The Virginia & Tennessee Enlarged Mortgage bonds for
partially recovered, with a firm closing at 9*77@9*80c. for March,
$990,000, which mature July 1,*1884, have been extended for
9*83@9*S5c. for April, 9 90@9'92c. for May, 9 95@9’97c. for June
thirty years, at 5 per cent. This was done in place of issuing
and 9‘96@10c. for July. Lard on the spot closes nearly nominal
a like amount of the general mortgage sixes, the company
thus saving the difference in interest.
at 9,75@9*80c. prime Western, and 10@10*05c. for refined for
Northern Central.—The comparative statement of gross the Continent. Pork is very dull at $1S for mess. Bacon
earnings and expenses for January, 1883 and 1884, is as follows . quoted nominal at 9%c. for long clear. Cut meats are quiet \
Jan., 1884.
Jan., 1883!
pickled bellies 8%@9^c.; do. hams, 12(gl2Mc.; do. shoulders,
Gross earnings
$199,252
$409,845
Beef dull; extra mess $12@$13, and packet $13 50
Operating expenses
$244,794
$282,925
Extraordinary expenses
28,259
5-,108 per bbl.; India mess $24@$26 per tierce. Tallow 7/2C. for prime;,
Total expenses
Butter firm at 16@37c. for common to
$273,053
$311,033 stearine 10@10%c.
choice. Cheese in good demand at ll@15c. for State
factory.
Net earnings
$13G,792
$158,219
Rio coffee has been quiet as a rule and closed weak at 12%c,
Ohio & Mississippi.—The directors of this railroad have
for fair, though sales were at one time made at 12%c.; options
issued the following in regard to the new bonds :
were rather quiet until to-day, when the
transactions were
Cincinnati, O., Feb. 25,1884.
liberal,
though at some decline ; March and April both closed
At the meeting of the directors of tlio Ohio & Mississippi Railway
Company, held in this city to-day, resolutions were passed by a very at 10‘80@10 85c., May at 10‘S5@10*90c., June at 10 90@10’95c^.
decided majority authorizing the Executive and Finance committees to
dispose of the new tive-per cent -mortgage bonds of the company to the July at 10 95@llc. and August at ll@ll-05c.
Mild grades have
extent necessary to pay off all arrears of indebtedness, so as to release
been
quiet and closed weak. Tea has at times been quite
the railway and other property from the custody of the courts and put
the company again in control. Strong confidence was expressed by the
active at very film prices, but the trade has decreased within a
committee of their ability to place the bonds with very lit tie d< lay, and
provision was made for an early application to the cuiirt for 1 lie pioper few days, both on speculation and for consumption; Japan
order to restore the railway to the company and for the settlement of
sold to-day at 29}£(ft)29Mc. for March, 31%@32e. for April and
the Receiver’s accounts,
it is believed this valuable property will soon
be again operated free from the restrictions which necessarily trammel
331i'@33%c. for May, while black sold at 35c. for March, 36e.
the Receiver and enable its managers to place It in a strong and inde¬
pendent attitude, so as to command the trallic to which the line is fairly for April and 37M(337%c. for May ; Japan closed steady, but
entitled.”
black, though firm on the spot, was weak f**r future delivery.
The Commercial-Gazette of Cincinnati says: “The $3,000,000 Rice has shown no change.
Refining molasses has declined to
of the bonds are to be placed at a limit of 80 cents, and the 21c. for
50-degrees test; grocery grades have sold fairly at
B. & O. stands ready to take the lion’s share at that figure.
about steady prices.
Raw sugar has been dull, weak and nom¬
The commission is not to exceed 2}£ per cent.”
inal, and at the close 6 ll-16c. was quoted for fair refining,
Pennsylvania Railroad.—The gross and net earnings in
Jan., 1883 and 1884, are specially compiled for the Chronicle though this figure could not be obtained ; 96-degrees test cen¬
in the table below. In January, 1884, there was a decrease of trifugal was nominal at 6%c.; refined has been dull and lower;
$355,124 in gross earnings and a decrease of $304,922 in the crashed,
powdered and cut loaf closed at 7%c., and granulated
net. On all the lines east and west of Pittsburg the net re¬
at 7%c.
Spices have been quiet and foreign fruits dull and
turns show a decrease of $633,2SS in January, 1884, compared
with January, 1883.
generally weak, though prunes have been steady.
The movement in Kentucky tobacco has latterly been very
ALL LINES EAST OF PITTSBURG AND ERIE.
moderate, but holders maintain firm figures; lugs quoted 7}4@
Gross Earnings.
Xet Earnings.
1834.
1883.
1883.
'1834.
8c.;leaf, 8@ll)oC ;sales for the month, 1,927 hhds.,of which 873
January
$3,929,357
$3,571,233
$1,471.0&3
$1,166,136
were for export, 406 to jobbers and 643 to manufacturers.
Seed
As to the lines west ot Pittsburg and Erie, the monthly
leaf
continued
has
slow, but all prices remain steady ; sales for
reports issued in 1883 and for the current year show the results
below. The company’s returns, however, state a loss for January the week, 950 cases, including 200 cases crop 1882 Penn., 10@
in the present year compared with January, 18S3, of $323,366.
20c.; 400 cases crop 1881, Penn., 6@10c ; 200 cases crop 1881,
ALL LINES WEST OF PITTSBURG & ERIE.
New England, ll@25c.; 150 cases sundries, 4@18c., and 500
“
“
,
;
n
I
f;
■
,
Net
Surplus
over
,
.
all Liabilities.
1883.
or
✓
$174,981 Def. $106,556
January
Inc.
1884.
Dec..
Dec. in
1884.
$281,537
bales Havana 80c.@$l 15; also 150 bales Sumatra, $1 20@$1 50.
There has been little or nothing done in naval stores, but
holders have maintained
firm front;
spirits turpentine is held
good strained rosins $1 4S@$1 50. Re¬
fined petroleum has been dull until to-day, when a better tone
was noticed, and 25,000 bbls. 70 Abel test for the first half of
March delivery sold at S%c, Crude oil certificates have also
assumed a brighter position; there were sales to-day at $1 G07/s@
were as follows:
$1 02^2, and the close was at $1 02%- In metals little has been
Gross Receipts.
Net Receipts.
1833-4.
1S82-3.
1883-4.
1882-3.
done, but iron remains quite firm; steel rails receive some at¬
December
$2,672,258
$2,865,201
$509,152 $>43,783
Oils are quiet but
January
2,478,768
2,559,991
489,303
661,877 tention at $34@$35, deliverable at the mills.
firm.
Wool and hops are quite neglected.
Total 2 months
$3,151,026
$5,425,195 $998,460 $1,508,660
The week in ocean freight circles has been quite indifferent.
The above statement does not include the Central Railroad of
The
movement lias been a trifle better, but rates have shown a
New Jersey, leased and operated by the Philadelphia & Read¬
disposition to assume a lower plane. To-day grain to Liverpool
ing, and the exhibit for that company is as follows :
CENTRAL RAILROAD OF NEW JERSEY.
by steam was taken at 1 %d.; flour, 12s. 6d.; bacon, 15s.; cheese,
Gross
loss
20s.; cotton, Ljd.; grain to London by steam, 2>id.; do. to
1883-84.
receipts.
Net receipts.
Rental.
to lessee.
December
$735,841
$270,291
$184,090
$213,796 Copenhagen by steam, 2s. 3d. per qr.; refined petroleum to
January
696,051
178,158
470,232
292,074 Calcutta in cases, 21c. There were no charters of barrel petro¬
Total 2mos..$1,431,892
$148,452
$951,322
$505,370 leum, and rates at the moment are little more than nominal;
Philadelphia & Reading.—The
receipts from the
P. & 11. railroads, canals, steam colliers and coal barges in Jan¬
uary were $1,499,749 and the net receipts $580,974.
The gross
receipts of the Philadelphia & Reading Coal & Iron Co. in Jan¬
uary were $979,019 and net loss $91,666.
The total receipts of
both companies together (not including Central of New Jersey,
leased) for each month of the fiscal years 1882-3 and 1883-4
/
gross
,
,
at 36c. and strained to
a
In addition to above exports, our telegrams to-night also give
the following amounts of cotton on shipboard, not cleared,
COTTON.
us
Friday, P. M., hebruary 29, 1384.
which
Indianola, &c.
flew Orleans...
12,835
5,956
358
1,032
Mobile
Florida
4,656
Brunsw’k, &c.
3,299
4,036
31,559
SI
290
2,474
450
450
1,359
8,409
60
60
....
....
1,866
1,953
1,857
45
663
....
....
Savannah
45
....
1,077
1,256
....
...
Feb.
7,201
....
....
....
....
1,148
....
....
Shipboard, not cleared—for
On
2,343
702
1,296
633
1,392
785
Galveston
prepared for
are
& Lambert, 89 Broad Street.
Total
Fri.
Thurs.
Wed.
Tues.
if on.
Sat.
Receipts at—
Crop, as indicated by our
We add similar figures for New York,
our special use by Messrs. Carey, Yale
ports named.
at the
telegrams
is given below. For the week ending
this evening (Feb. 29) the total receipts have reached 76,487
bales, against 65,013 bales last week, 105,921 bales the previous
week and 111,431 bales three weeks since; making the total
receipts since the 1st of September, 1883, 4,310,218 bales, against
4,901,714 bales for the same period of 1882-83, showing a
decrease since September 1, 1883, of 561,496 bales.
Thb Movement op the
from the South to-night,
263
CHRONICLE.
THE
]
1884
*
Leaving
29, at—
Other
Great
Britain.
France.
20,952
10.190
4.700
8.200
2,600
None.
21,671
None.
12,954
»None.
1,500
None.
4,000
15,300
11,070
6,660
2,500
3,000
None.
None.
None.
None.
650
61,566
11,990
92,082
87,737
New Orleans....
Mobile
Cnaneston
8avannah
Galveston
Norfolk
New York
Other porta
Total 1884
Total 1883
Total 1882
Foreign
Coast¬
wise.
Stock.
Total.
7,659
3,150
313,465
500
999
None.
None.
2)1,026
26,488
41,286
34,866
17,398
20,561
3,500
41,003
53,191
5,752
132,499
816,095
16,533
79.019
728,091
37,976
11,218
4,343
198,882
10,255
140,311
872,973
252
None.
400
2.000
53,365
4,700
12,600
21,400
29,125
2,101
speculation in futures has been only moderately active
prices,
without fluctuating widely, have been variable and
359
72
61
49
2?
73
68
Wilmington....
unsettled.
Receipts at the ports were larger on Saturday and
125
125
Moreh’d C.,&e
691
Business in
959
5,938 Monday, but have latterly again become small.
911
1,354
1,341
712
Norfolk
3,964 some of the Southern markets has been partially interrupted
3,964
West Point,«fec
119
112
173
1,950
790
756
flew York
by Mardi-Gras festivities, and the Liverpool market has been
509
269
187
402
523
1,890
Boston
dull and unsettled.
Prices on our Cotton Exchange were
1,0S3
1,033
Baltimore
without much change, but made considerable advance on
46
70
464
317
31
Philadelp’a, <fcc.
Monday and a further improvement on Tuesday, but
7,80 i 19,135 76,487
7,231
9.582
Totals this week 18,419 14,316
declined
slightly on Wednesday and Thursday.
The
For comparison, we give the following table showing the week’s advance of Monday and Tuesday was taken advantage of
total receipts, the total since Sept. 1, 1883, and the stock to-night,
by many distrustful holders to “unload.” To-day the opening
and the same items for the corresponding periods of last year.
was dull and unsettled, with some depression at mid-day, but
Stock.
1882-83.
1883-84.
there was a rally at the close, which was slightly dearer than
Receipts to
Since Sep.
This
Since Sep.
This
1883.
1884
yesterday, and as compared with last Thursday 5@9 points
February 29.
Week.
Week.
1,1882.
1,1883.
dearer for this crop and 7@8 points dearer for the next.
671.675
43,523 72,271
542,190 18,134
7,201
Galveston
Cotton on the spot has been quiet, but holders have shown
22
106
45
15,433
8,241
Indiauola,&c.
strength, and quotations were advanced 1-lGc. on Tuesday and
314,391 334,956
31,859 1,395,230 4G,019 1,347,203
New Orleans...
31,188 40,445
286,710
234,S21
3,264
again on Wednesday. To-day there was no change and the
2,474
Mobile
close was quiet at 107ac. for middling uplands.
3 31
1,775
450
35,912
14,278
Florida
The total sales for forward delivery for the week are 397,500
79,186
56,266
712,934
622,823 13,417
8,4G9
Savannah
bales. For immediate delivery the total sales foot up this week
5,508
60
7,624
Brunsw’k, <fec
53,836 63,793 3.027 bales, including 300 for export, 2,017 for consumption,
506,451
396,558 11,795
10,106
Cliarloston
49
bales
4,126 710 for speculation and — in transit.
Of the above,
1,978
20
20,5S0
12,879
Pt. Royal, &c.
The following are the official quotations for
were to arrive.
7,053
116,793
13,563
2,110
359
87,330
Wilmington....
each day of the past week.
250
17,267
125
11,402
M'head C.,&c
Pt.
1,314
1,017
Charleston
Royal, &c.
1,606
1,383
1,526
3,200
10,106
20
20
....
....
....
....
....
....
....
....
....
....
....
....
—
The
and
....
....
....
....
....
....
....
....
....
....
'
.....
:
•
5,968
Norfolk
3,961
1.950
WestPoiut,&c
New York
1,699
1,083
Boston
Baltimore
538,320
191,915
91,517
130,129
22,111
661.3SO
5,912
1,339
5,01 i
192,558
109,707
126,831
18,50i
200
36,957
......
340,615 18 4,055
5,135
7,460
10,988 32,601
1
1,1.53
12,097
948 594 926.973
70,487 4.310,218 135,321 4,901,714
Total
82,535
......
56,549
2,714
14,717
464
Philadelp’a,&c.
28,220
*•••••
In order that comparison may be made with other years, we
give below the totals at leading ports for six seasons.
Galvest’n.&o.
New Orleans.
Mobile
......
Savaunali....
Oliarl’at’u, <fcc
Wilm’gt’n, &o
Norfolk, &o..
7,2 46
31,859
2,174
8,109
18,240
46,619
3,264
10.126
13,773
2,360
28.023
484
9,932
8,324
17,390
10,816
7,27 9
4.22G
4,69 4
4,443
2,207
17,G31
10,766
996
1,279
8,013
14,450
10.728
133,931
73,451
83,266
7,216
1,77 L
9.738
All others....
5,S97
9,025
7,937
Tot. this w’k.
76,487
135,321
51,980
r
6,148
11,336
Charleston includes Port Royal, &c.;
Wilmington includes Moreiiead City, A c.: Norfolk includes City Point. <fee.
The exports for the week ending this evening reach a total
of 71,918 bales, of which 52,218 were to Great Britain, 349 to
Galveston includes Lnriianola;
France and 19,351 to the rest of the Continent, while the stocks
as made
Below are the
up this evening are now 948,594 bales.
exports for the week and since September 1, 1883.
From Sept. 1.1883, to Feb.
Exports
Great
from—
ttrit’n.
Galveston
New Orleans..
Mobile
France
Conti¬
Total
nent.
Week.
Florida
.
.
•
.
Savannah
0.55)
1,200
4.048
.
0,870
47.162
3.10)
.
149,259
13,430
103.S24
323,519
8.C70
94,747
42,913
22,996
10 8,7 So
27,110
3,826
20,583
70,813
226,523
40,74 2
201,454
372,413
70,199
124,521
58.072
#
240.800
Boston
3,313
3.340
Biltimore
2.124
....
349
•
•
•
•
r
010
«
......
4,334
243,431
3,340
2,124
70,099
275
54 772
275
Phlladalp’a,&c
Total
52,218
319
Total 1882-S3
53 059
11 04?
*
19.351
1,893
fli.310 1 06
O
r.n >
006
9%
10%
1038
9l3lb
•
10
8%
9516
9%
10 h6
10
93,8
10
10
10%
105a
Frt.
Wed
Tb.
Frl.
85a
8%
85a
8%
8%
8%
9°ift
.w ft-
Good Ordinary....
Strict Good Ordinary
.
8%
93,o
9%
101,6
I07,6
10%a 10% 10%
105a
1011,8
ionie 105a
1013,6 1013,6 10%
l0iq6 10i%o 10%
10"i« 105a
11
11
•
11%R
ULft 11
1034
101316 ll
11%
11%
11
116,6
11°16 11 %
HLe ll%
11%
11%
11*16
11»1(? 11%
11*4
11°16 ll%
11%
1115,6
1115,0 11%
115a
111116 11% 11%
125a
125«
1211,6
12Hib 125a
123a
127,« 125a
103a
10%
10-118
lOLfi
Til.
Low Middling.
8%
..
..
8%
j«>io
10%
10%
1034
Tb.
Frl.
8%
95,0
8%
95,6
10%
10%
10%
10%
10%
10%
1015,o 1015,6 1015,6 1015,6
11%
11%
11%
11%
11%
11%
11%
11%
11%
115a
115a
115a
12
12
12
12
12%
12%
12%
12%
Frl.
Sat.
Moo Tues Wed
8%
S»a16
95q
8%
8%
8%
8%
8%o
815,6 815,6 £!>
8,:%0 8%
9%
9%
95a
911,6 9%
10%
10%
10%
105,6 1 10%
10%
Middling....
10%
10%
10%
Wed
Tb.
MARKET AND SALES.
The total sales and future deliveries each day during the
week are indicated in the following statement. For the con¬
venience of the reader we also add a column which shows at a
days.
SPOT MARKET
CLOSED.
Sat..
Mon
Tues.
Wed
Thurs
Fri..
.
Ex-
FUTURE8.
port.
Firm
Quiet and steady
Q’t & st’dy.1,6 ad
Steady at
adv
Sales.
1
71,700
....!
1
3oo;
.
—
Steady
Quiet
Spec- Tran¬ Total.
| Consump. uVVn sit.
i
**"i
172
115
324
380
90S
118
....
....
.
....
....
....
....
710
....
-
•
.
....
....
172
115
324
680
85,300
62.300
.
70,300
1,618
52,100
118
55,800
Deliv¬
eries.
300
^00
300
200
200
200
710^
3,027 397,500 1,400
daily deliveries given above are actually delivered the day
39,535
previous to that on which they are reported.
3,300
The Sales and Prices of Futures are shown by the follow¬
704,015 j2,910.378
ing
comprehensive table. In the statement will be found the
c
daily market, the prices of sales for each month each day, and
ti e closing bids, in addition to the daily and total sales.
100
71,01ft| 1,802,418 373.045
Includes exports from Port Royal, &o.
t Includes exports from West Point,
83,038
S316
Mod. Tue a
Sat.
8ALE8 OF 8rOT AND TRANSIT.
11,168
■
8%
9
STAINED.
68,230 7823.270
222,000 1,082.79?
200
•
89ie
8loi6
Tota
nent.
,
8%
Mon Tues
9° 6
91,«
Strict Ord..
911 a
9*16
10%
10%
97a
97a
Good Ord..
978
10%
10%
10%
10*4
Str. G’d Ord 10*4
10%
10%
10%
10%
Low Midd’g 10%
Str.L’w Mid lOUie 10Hlft 10H16 ioi%« 1015le
11%
11%
1078
107a
Middling... 10%
11%
11%
11%
11%
Good Mid.. 11%
115a
1138
115a
11%
Str. G’d Mid 11%
12
11% 1 12
11%
Midd’g Fair 11%
12%
1234
12%
12*2
12%
Fair
.
Uharleston
Wilmington..
Norfolkt
New York
34.203
273,396
40,9-52
3,700
2,070
2.670
2'0 «43
5S0 735
Sat.
glance how the market closed on same
Conti¬
Great
Britain. Franu
9,154
30,737
4,130
0,580
5,024
24.15?
2d, lit 84.
Exported to—
Exported to—
in on Tue*
Wed
Ordin’y.^Ib
4230.27113919,830
Since Sept.. 1. 1340,218 4991.714 4058.488 4670,086
Week Ending Feb. 29.
8%
Strict Ord..
8lais
Good Ord..
9%
10*8
Str. G’d Ord
Low Midd’g 103a
Str.L’w Mid i09,H
Middling... 10%
Good Mid.. 11
8tr. G’d Mid lll4
Midd’g Fair 11 ^8
123a
Fair
Ordiu’/.$Ib
8,292
36,316
16,492
50,305
4.853
1879.
6,485
33,623
3,463
4,543
13,254
2,038
'
13,417
1830.
1881.
1882.
1883.
1884.
Receipts at—
Sat.
TEXAS.
NEW ORLEANS.
UPLANDS.
Feb. 23 to
Feb. 29.
'* •
O
O * 4
^
Total
The
....
..............
300
2,017
....
t
264
THE CHRONICLE.
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€62,100
648.200
708,580
459,474
.2,618,930 2,586,764 2,413,909 2,516,198
,.3,281.030 3,234,964 3,122,489 2,975.672
5^1.
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:
Septem-
following exchanges have been made during the week:
excli. 100 Mar. for July.
•15 pd. to excli. 200 April for May.
•10 pd. to excli. 1,700 Mar. for Apr.
•09 pd. to excli. 300 July for Aug.
•10 pd. to excli. 300 Mar. for April.
•26 pd. to excli. 800 Mar. for May.
.39 pd. to excli. 1,600 Mar. for June
.13 pd to excli. 200 May for June.
.39 pd. to exch 400 Mar. for June.
.09 pd. to exch. 200 July for Aug.
.09 pd. to exch. 300 Mar. for April.
• 16 pd. to exch. 100 April for May.
*16
pd. to exch.
•30 pd. to exch.
*07 pd. to exch.
•23 pd. to exch.
•01 pd. to exch.
regular.
•35 pd. to exch.
•16 pd. to exch.
•06 pd. to exch.
16 pd. to exch.
•07 pd. to exch.
•16 pd. to exch.
•u6 pd. to **xch.
•29 pd. to exch.
•
-H
>n a
®
■
K
°'
35
*-3
©St
£e.o£-’O
P-
—
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.
p
.
►-00
M
CO
M
M CO it. 05 O' 00
<J CO 00 05 •“* Ci ©
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O'
M
M
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CO©I^O'MI®©CCO'^J©mOOIO©0©-I©
I
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CO
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10
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t^O M CO
WW
CoTo<l©MMrf-©QC/M
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X
MW
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n>
399,800; Septembor-December, for December, 860,500; SeptemberJanuary, for January, 2,817,900.
Transferable Orders—Saturday, 10 85e.; Monday, 10-90c.: Tuesday,
10*95o.; Wednesday*. 10 95c.: Thursday, 10 95c.; Friday, 10 95c.
Short Notices for March—Tuesday, 10-SI a>l(rS7c.; Wednesday, 10-90
/g)10,92c.; Thursday, lO'OOa 10 88c.; Friday, 10'89c.
ex'cli. 500 Mar. for Aug.
excli. 300 Mar. for June.
®
—•
mmk*Ml®
9!
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Hh
co
co ro
to m co
c *-*•©©©*•
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47.000
174,000
44,700
54.774
163,000
23,000
..
o8£®
2. fc.®
ber-October. for October, 338,600; September-November, for November
42,000
M
>
288,546
ah»?n>
3
^
Includes siiles in September. 1883, for September, 76,200;
The
..
110,100
177.000
to to
M
180,000
626,000
860,652
24,000
204.000
56.000
97.580
304.000
77,700
94,500
175,000
40,000
COO©
©.©©©
►
537,000
10,200
261.000
O4
t®
-1
•58 pd. to
•39 pd. to
•49 pd. to
32,600
M
9 1 I
1 •
527,000
to-night, and the same items for th*- corresponding
period of 1882-83—is set out in detail in the following statement*.
to
*
428.000
948.594
208,33
©
9
3: .*
198.000
174,000
446,000
381.000
926,973 1,013,284
279,191
308,425
the stocks
41
:
c
704,000
8
At the Interior Towns the movement—that is the
receipts
for the week and since Sept. 1, the shipments for the week, and
©©O©
-4
706,000
follow
The above figures indicate an increase in the cotton in sight
to-night of 46,066 bales as compared with the same date of 1813,
an
increase of 158,541 bales as compared with the corres¬
ponding date of 1882 and an increase of 305,358 bales as com¬
pared with 1881.
1 9
I
MMaM
-*l-1 ©
are as
324.000
91:
■ •
.
<i
M a
X©
©©0©
288,546
21,000
10,200
M
MM
© <J
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32,600
M
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<:
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MM
23.000
860,652
88.000 bales.
?5
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40.000
926,973 1.013.2S4
279,191
308,425
2^" The imports into Continental ports this week have been
*
co©
©-
k—i
l
M M
c
"J
HMm
;
^
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*
i 9
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....
Total visible supply
Price Mid. Upl., Liverpool
70"
1
MW
M ©
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Total East India, <&o
Total American
1 «<»:
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M
it-
MM©M
f-*
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1 ®:
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446,000
..2,618,930 2,586,764 2,413,909 2,516,198
..
ft.
7*7*
H-*
1
M
h
MMQi-*
11
>
0
M M
coco
MW
3U4.000
381,000
47.000
—
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M
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M
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1 SOi!
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1
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7*0 7*
^
1 CS i®:
7*7*
175.000
.-272.000
61.000
to
MOJ
9
■
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177,000
428,000
42.000
948.594
208,336
..
MM(*M
t® to
M O'
292,500
4,000
Ka»t Indian,Brazil, die
®»:
2
C3
Mi
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77
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7*7*
..
707
|>
434,100
3,281,030 3,234,964 3,122,489 2, ,975,675
2
W
5,066
American—
Liverpool stook
|
M
6,000
9,200
4,200
Of the above.the totals of American and other descriptions
Continental stocks
XXr-*1
a>l*15 13. 0 .1 * 2 tfl-12 16,50 .1 * 1
—
e
O'
COCO
M
1
1-0—*1
0©
884
125,000
990.474
163,000
626,000
Total visible supply
April.
3,100
l’080
.1,473.100 1,335.200 1,058.580
e
^
7*7*
61,000
33,000
412
~234/774
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6.000
54.000
4,000
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1,400
152.000
3,750
43,000
4,500
149,000
20,600
271,580
.
©9 0©
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•
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M
800
223,000
4,200
29.400
4,418
.
1
MM
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I
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2
^
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to t®
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2,200
39,300
29,300
3,000
3,910
o»
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3,200
38,600
21,000
2,400
13,000
ob ce © co |
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1881
755,700
.
£
1882.
787,000
3.400
68,900
3
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61,000
1883.
.1,039.000 1,042.700
Total European stocks..
fc-
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965,000
711,000
44,700
Total continental stocks...
fe»
pJ>J
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99
ceob
1884.
978.000
77,700
.
m ►—
as well as
731,000
56,000
.
Stock at Bremen
8 oek at Amsterdam
Stock at Rotterdam
S took at Antwerp
8took at Havre
Stock at Marseilles
8tock at Barcelona
Stock at Genoa
Stock at Trieste
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The Continental stocks,
consequently all the European figures are brought down
Thursday evening. But to make the totals the complete
figures for to-night (Feb. 29), we add the item of exports from
the United States, including in it the exports of
Friday only.
Stock at Liverpool
**j CO
Cotton to-night, as made
up by cable
follows.
to
p «■ w
p-p “
pi S- ®
!
P
•
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as
and
M
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telegraph, is
those for Great Britain and the afloat, are this week’s
returns
S'$?s
•w c+»
C i_i
T»*eS-
The Visible Supply
and
•0**1 P p
Sffsrg-
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p£-®3
.
sap*
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[VOL. XXXVIIL
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1,600 Apr. for May.
1,000 Sept.for Aug.
600 Mar. for April.
<1
100 Mar. for Mai'.
100 March s. n. for
M
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100 Mar. for June.
300 Apr. for May.
200 Mar. for April.
3,200 Apr. for May
100 Mar. for April.
400 April for Mnv.
500 Mar. for Apiil.
200 April for June*
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This year's hgures estimated.
The above totals show that the old interior stocks have de¬
creased during the week 21,694 bales and are to-night 70,855
Mahch
than at the same period last year. The receipts at
the same towns have been 20,955 bales less than the same week
last year, and since September 1 the receipts at all the towns
are 517.315 bales less than for the same time in 1882-83.
bales less
Markets.—In
Quotations for Middling Cotton at Other
the table below we give the closing qnotations of middling
cotton at Southern and other principal cotton markets for each
day of the past week.
\
CLOSING
Week ending
Feb. 29.
QUOTATIONS FOR MIDDLING
Mon.
Satur.
Tues.
Wed nee.
I07ifl
JO-18
10*3
New
10-ha
gavannab....
KL'ia
107hj
loha
10°lh
lO-'ie
10 Lj
10*2
10 t4
10h
10*3
10*4
10°
1Ci>iq
107s
105s
107a
10*8
10 ’4
10*4
107b
1058
1O70
103g
Galveston...
OrleansMobile
10 q
Charleston...
Wilmington..
Norfolk
10*4
1078
lUSg
1O70
10*8 0/14
10*4
lOh
Boston
Baltimore.
..
Philadelphia.
Augusta
Memphis....
dt. Louis
103a
103s
10 *8
Cincinnati...
Louisville....
103a
10*3
...»
lO&.a
10-4
1051C
103*
to 3s
Fri.
1038
10*2
1030
10%
10*2
1038
10&16
J
10°ia
10*3
10*2
10 %
1014
1038
1078
10 59
1O510
10°, Q
1038
10*2
0ai6
1038
11
10 5g
11
11
105a
11
10*8®s16
COTTON ON—
Thiers.
i O *8«> 3 2
11
10 *8
%
rt/'hg 10*s a *4
lOh
10iJiG
1.03a
10M
10 3s
103rt
10%
10q
103s
103s
103s
1038
Bboeipts from the Plantations.—The following table it
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are some¬
times misleading, as they are made up more largely one year
another at the expense of the interior stocks. We reach
therefore, a safer conclusion through a comparative statement
like the following. In reply to frequent inquiries we will add
that these figures, of course, do not include overland receipts or
Southern consumption;
they are simply a statement of
weekly movement from the plantations of that part of
which finally reaches the market through the out-ports.
RECEIPTS
Receipts at the Ports.
Week
imnno—
21
It
88
»
11
II
18
U
25
Feb.
M
*
H
J St'k at Interior Tovms.
....
114,868
99.990
175,382' 90.245
150,3901110,407
8
80.779
165,80.'! 111,481
15
22
72,031
00,1(30
ll0,13O;iO5 921 372.454 326,790 208.069 63,957 129,342
134,4481 05.013 302,430 321.434 254,450 50,130 129,070
29
51.980 135.321
310,0191347,523 j299,751 81,000 168.090!
380,526 343.5641262,475 77.288 101.929*
313.0721308.4171227,2651
32.022
122.3141
Louisiana.—The weather has been in general
light rain on Wednesday, the
rainfall reaching
twenty-two hundredths of an inch. The water is stationary.
Nearly all river plantations for 100 miles above the city are
under water; below the city the flooded district extends 90
miles, and on the west side all except a few elevated places
are covered.
On the east side the banks are higher and the
country is not so badly overflowed, although several planta¬
Tiie loss to the planters in
tions on that side are under water.
houses, fences and stock is large.
The thermometer has
ranged from 28 to 75.
Vicksburg, Mississippi.—It was showery on one day during
the early part of the week but the latter portion lias been cold,
drj and pleasant. The rainfall reached thirty-one hundredths
of an inch.
The weather has been too cold, there having been
frost, but not killing frost. The river is forty-five feet above
low-water mark. The thermometer lias ranged from 30 to 7T.
Mississippi.—Telegram not received.
Mississippi.—Telegram not received.
Columbus, Mississippi.—It has rained on two days of the
week, the rainfall reaching one inch and five hundredths.
February rainfall, elevS&inohes and fifty-one hundredths.
Meridian,
Greenville,
Little Rock,
Arkansp^A^It, has been cloudy, with snow on
day and raiii on thre^ 'tjays of theyveek, and the remain¬
der of the week has beeiFfah' to clear and cool. The rainfall
reached one inch and six hundredths. Average thermometer
41, highest 61 and lowest 18. It rained on fifteen days during
February, and the rainfall reached nine inches and three hun¬
one
dredths.
The thermometer averaged 44 and ranged from 18
to 70.
Pine Bluffy Arkansas.—We have had rain on two days,
and the remainder of the week has been pleasant.
The rain¬
fall reached one inch and ten hundredths. Ice formed on two
The thermometer has
averaged 44, the highest being
51,394
36.
423,577!218,343!295,635 201,004
466.586'S79,S55!422,310'210,166 294,785[ 200.419
383,6471407,974 139,502 228,789| 120,270
72,100
435,050j 380,218 389,898 96,259 171,983 81,234
419,043j367,9671360,715 83,963 138,109' 74.718
407,986,350,749'330,900 74,0£4 119,182;
a
91.515
410.246 271,513 270,167 304.932
02.081 130,400! 104.533
93.057 171,310 112,110
76.487
Shreveport,
clear with
r
had rain on two days
rainfall reaching fortyone hundredths of an inch.
Roads are becoming passable.
The thermometer has averaged 40, ranging from 18 to 68.
Helena, Arkansas.—It lias rained on two days and ha9
been cloudy on two days of the week, the rainfall reaching
one inch and sixty-eight hundredths.
The river has risen ten
inches in twenty-four hours, and is now rising at the rate of
half an inch an hour. It is feared that we will see the highest
water known, which will do great damage all the way to the
Gulf. The thermometer has ranged from 20 to 68, averaging
’Sl-’c2. ’82 -’S3, j ,S3-’84. ’81-’82.,,d2-’S3. '33-’84.
1
i
New Orleans, Louisiana.—It has rained on two days of
the week, the rainfall reaching eighty-two hundredths of an
inch. The thermometer has averaged Cl.
nights.
Rec'pts from Plant'tw
200.624 251,923 201,686
152,429 224.997 140,012 453.659
4
Ian.
»82-»83.j»83-’S4.
the
the crop
FROM- PLANTATIONS.
241.576 262.015 281,103 415,536 290,528
200,855 238.170,247,733 457,024 336,993
Dee. 14
II
*81’-82.
265
THE CHRONICLE.
1, 1884. J
80,964
94,202
49.302
64 and the lowest 21.
Fort Smith, Arkansas.—We have
and snow on one day of the week, the
Monticello, Arkansas.—Telegram not
received,
Newport, Arkansas.—It has rained on one day of the week,
the rainfall reaching ten hundredths of an inch.
The weather
That the total receipts from the
September 1, 1883, were 4,518,327 bales; in j !ia§ been too cold, The thermometer has ranged from 24 to
1883-83 were 5,193,04(3 bales; in 1881-82 were 4,356,135 bales.
averaging 35,
*
i-That, although the receipts at the out-ports the past week 70,Memphis,
Tennessee.—We
have had rain on five days of
were 76,487 bales, the actual movement from plantations was
the week, the rainfall reaching one inch and ninety-nine hun¬
only 49,302 bales, the balance beiug taken from the stocks at the dredths. The weather i3* now clear and cold. The liver is
interior towns.
Last year the receipts from the plantations
eleven inches over the danger line and stationary.
The ther¬
for the same week were 122,314 bales and for 1882 they were
mometer has averaged 45, the highest being 61 and the lowest
The above statement shows—1.
plantations since
...
33,623 bales.
Amount of CoOTon in Sight February 29.—In the table below
we give the receipts from plantations in another form,
add to them the net overland movement to February 1, and
also the takings by Southern spinners to the same date, so as to
give substantially the amount of cotton now in sight.
and
1882-83.
1883-84.
W/pipi/S (it Ulp JrUI 19 IU L
LU. wv7 4,310,218
Interior stocks on Feb. ‘29 in
1881-82.
1880-81.
4,901,714 •1,058,488 4,070,086
178,109
291,932
297,647
283,620
4,953,706
Tot; receipts from plantat’ns 4,518,327 5,193,646 4,356,135
374,919
337,278
472,320
444,671
Net overland to February 1...
110,000
125,000
160,000
150,000
Southern consumpt’n to Feb. 1
5,112,998 5,825,966 4,818,413 5,438,625
to-night, as
compared witli last year, is
712,968 bales, the increase as
decrease from 1880-81
compared with 1891-32 is 294,585 bales, and the
18 325,627 bales.
Weather Reports by Telegraph.—In
has been favorable at the
general the weather
week. In Texas,
South during the
22*5.
the
hundredths.
£
Mobile. Alabama.—It lias been showery on two days of the
week, the rainfall reaching fifty-three hundredths of an inch.
The thermometer has ranged from 29 to 68, averaging 51.
February
rainfall, four inches and ninety-four huqn
dredths.
Montgomery, Alabama.—We had rain on three days dur¬
ing the early part of the week, and the latter portion has
been clear and pleasant, but cold.
The rainfall reached
twenty-three hundredths of an inch. Ice formed in this
vicinity on three nights of the week. Average thermometer
48, highest 69 and lowest 29. During the month of February
the rainfall reached four inches and eighty hundredths.
Selma, Alabama —We have had rain on two days of the
week, the rainfall reaching fifty-three hundredths of an inch.
The weather has been too cold; ice formed on two nights of
the week. The thermometer has averaged 44, the highest be¬
ing 65 and lowest 21.
Madison, Florida.—We have had rain on two days of the
week, the rainfall reaching one inch and four hundredths.
Nashville, Tennessee — It has rained on three days of
week, the rainfall reaching one inch and fifty
The thermometer has averaged 42, ranging from 16 to 60.
farming operations are becoming active. The Mississippi
River is very high at some points ; our Memphis correspond¬
ent reports it at eleven inches above the danger line and sta¬ The weather is very cold as the week closes.
The thermome¬
tionary,and from Helena our advices are that it has risen, and ter has averaged 54, ranging from 30 to 73.
is still rising rapidly.
The Red River has overflowed at
Macon, Georgia.—It h-is rained severely on one day of the
week.
Weather is now very cold. The thermometer has
Shreveport, and many plantations are under water.
Galveston, Texas.— It has rained on two days of the week, ranged from 29 to 65, averaging 42.
the rainfall reaching thirteen hundredths of an inch.
Aver¬
Columbus, Georgia.—'There has been no rain all the weelr*
age thermometer 59, highest 75 and lowest 37.
During the Average thermometer 43, highest 62 and lowest 18. During
month of February the rainfall reached eighty-nine hun¬ the month of February the rainfall reached three inches and
dredths of an inch.
forty-nine hundredths.
lndianola, TtX-is.—We have had no rain during the week.
Savannah, Georgia —It lias rained on three days of the
There are indications of an early spring; farmers are busy week, and the remainder of the week has been pleasant. Ice
plowing. The thermometer has averaged 59, the highest being formed on one day. The thermometer has averaged 54, the
73 and the lowest 39.
Rainfall during February, fifty-eight highest being 08 and the lowest 37; and the rainfall reached
hundredths of an inch.
seventy-six hundredths of an inch.
Palestine, Texas.—It has rained on two days of the week,
Augusta, Georgia.—We have had light rain on two days
the rainfall reaching nine hundredths of an inch. There and the remainder of the week lias been pleasant. The rain¬
have been two killing frosts. Planting preparations are act¬ fall readied twenty-two hundredths of an inch. The ther¬
ive. The thermometer has averaged 55, ranging from 28 to mometer has averaged 52, ranging from 31 to 71. During the
75.
February
rainfall, one inch and
seventy-eight hundredths,
CHRONICLE.
THE
266
(Vol. XXXVUI.
This statement shows that the receipts for the week ending^
the rainfall reached three inches and
Feb.
27 were 34,000 cantars and the shipments to all Enron!
ninety-eight hundredths.
Atlanta, Georgia.—It has rained on one day of the week, 8,000 bales.
the rainfall reaching forty-one hundredths of an inch. The
Manchester Market.—Our report received from Manchester
thermometer has ranged from 24 to 65, averaging 46.
Mini¬ to-night states that the market is dull.
We give the prices
mum temperature this (Friday) morning 12.
of to-day below, and leave previous weeks* prices for com¬
Charleston, South Carolina.—We have had rain on two parison.
days of the week, with a rainfall of fifty hundredths of an
1883-4.
1882-3.
inch. Average thermometer 55, highest 68 and lowest 40.
OotVn
Columbia, South Carolina.—Telegram not received.
OotV
32x Cop.
32s Cop.
8H lbs.
8H lbs.
Mid.
The following statement we have also received by telegraph,
Mid.
Iwisl.
Twist.
Shirtings.
Shirtings.
Upl (8
TJpld.
showing the height of the rivers at the points named at 3 o’clock
d
d.
d.
d.
d. s. d.
s.
d.
d.
February 28. 1884, and March 1. 1883.
e.
month of February
m
iv »•
Feb.
New Orleans
Above
Above
Above
Above
Hem phis
Nashville
Shreveport
Vicksburg
low-water
low-water
low-water
low-water
mark.
mark.
mark.
mark.
28, '84- Mch. 1, ’83.
Inch.
5
11
6
5
10
Feet.
1
34
15
32
44
Inch.
Feet.
2
35
16
21
42
11
6
4
3
3
New Orleans reported below high-water mark of 1871 until
8ept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16,1874, which is 6-10ths of a foot above
1871,
16 feet above low-water mark at that point.
or
India Cotton Movement from all JPpRTB.—We
India service
at the same time
our
Hi
have re-arranged
detailed and
to makeypur reports more
so as
more accurate jWW Had found ifc impossible
keep out of our figures, as cabled to ua for the ports other
than Bombay, oargoes which proved on
to be shipments from
one India port to another.
The plan now followed relieves us
from the clanger of this inaccuracy and keeps the totals correct.
We first give the Bombay statement for the week and year,
bringing the figures down to February 2S.
to
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
Shipments this week.
Year Great Conti¬
BriVn. nent.
1884
1883
1882
1881
Shipment9
Great
Britain
Total.
sxJice
Total.
19,000 36,000 55,000 107,000 136,000
18,000 58.000 7G.000 84.000 .158.000
41,000 39,000 70,000 196,000 112,000
98,000
55,000
15,000 20,000 44,000
Jan. 1.
Conti¬
nent.
243,000
242,000
308,000
153,000
Receipts.
This
Week.
348,000
400,000
394,000
238,000
42,000
68.000
50,000
34.000
According to the foregoing, Bombay appears to show a
compared with last year in the week’s receipts of 26,000
bales, and an decrease in shipments of 21,000 bales, and the
shipments since January 1 show an increase of 1,000 bales.
The movement at Calcutta, Madras and other India ports
for the last reported week and since the 1st of January, for
two years has been as follows.
“ Other ports” cover Ceylon,
Tuticorin, Kurrachee and Coconada.
Conti¬
Great
Britain.
Calcutta1884
1883
Madras—
1884
1883
All others—
1884
13S3
nent.
Great
Britain.
Total.
2,500
4,000
Shipments since January 1.
1,000
6,500
23,000
1,000
39,000
Continent.
Total.
12,000
8,000
40,000
47,000
800
4,800
2,000
8.000
6,000
6,000
6,000
4,0t*
8,000
4,000
4,000
4,000
Total all-
2,500
8,000
1884
1883
10,500
42,000
12,000
54,000
1,000
47,000
10.800
57,900
1,000
The above totals for the week show that the movement from
the ports other than Bombay is 9,500 bales more than same
week last year. For the whole of India, therefore, the total ship¬
ments since January 1, 18S4, and for the corresponding periods
.of the two previous years, are as follows.
EXPORTS TO EUROPE FROM ALL INDIA.
1883.
1884.
Shipments
to alt Europe
1-3:1
Since
Jan. 1.
This
week.
76,000
1,000
242,000
57,»00
79.000
303,000
8,600
91,700
77,000
299,900
87,600
399,700
This
week.
Since
Jan. 1.
This
week.
Bombay
55,000
All other ports.
10,50u
243,000
54,000
65.500
297,000
from—
Total
1882.
This last statement affords a very interesting comparison of the
total movement for the three years at all India ports.
Alexandria Receipts and Shipments.—Through arrangements
we have made with Messrs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movements
Alexandria, Egypt. The following are the receipt
and shipments for the past week and for the coi responding week
of the previous two years.
of cotton at
Alexandria, Eaypt,
February 27.
1882-83.
1883-84.
1
1
Receipts (cantars*)—
This week....
Since Sept. 1
34,000
2,531,000
This
week.
Exports (bales)—
To Liverpool
To Continent
Total Europe
*
A cantar le 98 lbs.
1881-82.
Since
Sept,
29.000
2,150,000
|j This j Since 1
l.jj week. [Sept, l.j
!
5,000 207,000 ;
^
3,000
96,000
i
1.000 200,000
! 5,000; 66,000,
8.000^303,000'! 6,000i266,00()!
32.000
2.619,000
This
week.
Since
Sept. 1.
11,000 212,500
3,500 110.338
L4.50:
352.8? h
1
1
2k2
2ka
1
2 k!
2k>
2k!
2k!
513lfi
51516
51»16
51518
578
51516
81316'®9716
83*
858
8^8
8%
83*
ft34
578
51316 834
513^ 858
578
8*2
®
®
ft
Tt>
®
®
@
®
93s
9*4
914
934
1
0
0
1
0
9*8 6 O
9^15 11
93s15 10
914 5 10
corner
®7
®7
®7
-3)7
®7
®7
@7
5H 16
5%
5«8
511 16
5^8
550
5»i6
stone of the
Exchange was laid last Monday. Mr. Walter T. Miller,
or the Building Committee, deposited a box con¬
taining various documents relative to the Exchange, several
newspapers, coins, &c., and stated in a short address to the
members present that the Committee had decided to postpone
more formal ceremonies until completion of the building, which
might take [rather more than a year.
The light colored
stone of the lower part of the structure is carried high enough
*o give a good idea of its effect, and meets with general ap¬
proval. A seat offered for sale at auction on 26th inst. realized
$2,750.
the chairman
East India Crop.—From Messrs. Wallace
& Co.’s cotton
re¬
port, dated Bombay, Jan. 25, we have the following:
“
Advices from Oomrawuttee continue unfavorable as to the
out-turn and quality of this crop, and, judging from present
small arrivals, it is the general impression that in both respects
the crop will be disappointing. There are, however, a few
nice parcels classing between ‘good’ and ‘fine’ to be
picked up every now and then, for which fancy prices are
very
asked. Recent rains in the Oomrawuttee districts have caused
further damage, and it is now expected that the second pick¬
ings will also suffer to some extent from stain. How far this
report will be borne out cannot be ascertained till the second
has also
crop commences to arrive, by end of February. Rain
fallen in the Broach and Dhollerah districts, but very
and it will be, if anything, beneficial to these crops,
slightly,
lb is still
maintained by some authorities that neither the Broach nor Dhol¬
lerah crops will exceed last year’s yield, but even assuming that
there will be no falling off in these growths, looking to the un¬
doubted deficiency in the quality of Oomrawuttee descriptions
available this season, it seems very unlikely that the exports
from Bombay to Europe for the half-year ending June 30th
will be so large as last year, the probability being that one
million bale 3 is as much as they are likely to total.”
Jute Butts, Bagging, &c.—There has not been any change
in the position of bagging .since our last report, and the market
is rather quiet.
Buyers are only supplying their present wants
and are not disposed to lay in stocks at present figures. Sellers
continue firm, however; and no shading is being done, the mar¬
ket closing with 94£c. for 1/2 lbs., 10c. for 1% lbs., 10%c. for 2
lbs. and ll%e. for standard grades, the askiug quotations.
Butts have been rather dull and prices are rather nominal,
though not quotably changed.
There have been several
arrivals during the week, part of which were placed previously
and the balance goes into store. The close is quiet, with sellers
naming 2%@2^c. for paper grades and 2M@2%c. for bagging
quality.
Comparative Port Receipts and Daily Crop Movement.—
A
comparison of the port movement by weeks is not accurate
the weeks in different years do not end on the same da.y of
the month. We have consequently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement for the years named.
The movement each month
since September h 1883, has been as follows.
as
Year
Monthly
Receipts.
1883
Sept’mb’r
313,812
1882.
326,656
October.. 1,046,092
980,584
Novemb’r 1,030,380 1,094,697
Decemb’r 1,059,653 1,112,536
January
i
5kj®6 Ilk!
7
7 m
<®7
® 9*8 5 10
5 10 ®7
8^2 ® 9
5 5^37
87ie® 9
5 7 ®7
8k! ® 9
5 7
Ska @ 9
5 7 37
8k! ® 9
5 7 37
8kj ® 9
new
Since
cJan. 1.
83a '&> 878 5
5
3*2 V 9
5
8k2 ® 9
The New York Cotton Exchange.—The
Sir~ce
Jan. 1.
decrease
Shipments for the week.
Dec 28
Jan. 4
“
11
“
18
“
25
Feb. 1
“
8
“
15
“
22
“
29
.
487,729
752,827
Beginning September 1.
1881.,
1880.
429,777
458,478
853,195
968,318
974,043 1,006,501
996,807 1,020,802
487,727
571,701
1879.
333,643
888,492
942,272
956,464
647,140
1878.
288,848
689,264
779,237
893,664
618,727
Tctalyear 3,967,066 4,267,300 3,741,549 4,025,800 3,768,011 3,269,740
Perc’tage of tot. port
receipts Jan. 31...
70-89
70-27
68 53
75-34
73-52
This statement shows that up to Jan. 31 the receipts at the
ports this year were 401,923 bales less than in 18S2
228,117 bales more than at the same time in 1881. By adding
to the above totals to Jan. 31 the daily receipts since that time,
we shall be able to reach an exact comparison of the movement
for the different years. •
and
March
1883-34.
1881-32.
1882-83.
*•
2-.-.
“
3....
«
4....
21,924
14,078
30,723
12,592
11,049
22,348
10,059
pool . Havre. burr/.
100
Now York.
3,373
319
N. Orleans. 12,445 14,143 4,500
20,977
8.
"
5—.
19,670
10,004
44
6....
18,847
8.
27,933
20,031
S.
20,354
23,
15,20S
38,564
15,582
23,9
23.378
«
7....
44
8....
17,453
24,223
44
9....
17,925
35,832
20,000
18,808
23,038
40,517
44
10.-..
8.
IS.730
16,097
14,970
12,207
13,350
19,496
“
11....
19,319
S.
10,622
27,074
IS,057
44
12...
15,790
8.
29,038
“
17,632
25,523
20,967
20.7G3
21,929
11,269
23,485
8.
25,034
24,175
18,721
17,ui9
34,43S
8.
12.915
34,47
19,174
S.
13....
10,975
25,147
20,599
15,440
8.
«
14....
15,754
23,150
10,750
“
15....
44
16...-
20,153
10,828
21,200
31,301
17,131
9,617
9,389
10,183
28,391
10,070
18,579
20,037
39,774
•44
17.-:
8.
-.
“
18....
44
19....
“
8,047
21....
44
22....
10,777
«
23....
18,419
«
94...
“
25
“
8.
“
27....
44
28....
29....
8.
17,936
12.725
8.
13,026
26,277
15,760
10,873
5,341
21,0
'29,593
10,652
33,559
28,820
11.730
19,403
24 159
13,293
8.
8.
8.
25,015
21.904
23,470
20,278
11,403
11,012
S.
13,805
16,046
36,728
14,109
19,941
9,309
8.
—
4.340,218 4,802,698 4,033,541 4,598,528 4,215,929 3,830,564
Total
Percentage of total
This statement shows that
to-night are now 522,680 bales
80 27
84-28
78-28
85-45
8076
Feb. 29
port rec’pts
the receipts since Sept. 1 np to
less than they were to the same
day of the month in 1883 and 306,677 bales more than they were
to the same day of the month in 1882.
We add to the table
the percentages of total port receipts which had been received to
February 29 in each of the years named.
The Following are the Gross Receipts op Cotton at New
York, Boston, Philadelphia and Baltimore for the past week,
and since September 1, 1883:
New York.
Receipts
from—
New
This
week. !
This
Since
Sept. 1.
week.
4,95Sj 109,871
Savannah.
2,431;
..:
140,633
So.
No.
:o|
!
Flnrirtii
5,892
Carolina..! 1,449!
Carolina..!
Virginia
2,8291
202,808
IS
1,921
North’n ports
2,044!
Tennessee,&c
This year...; 18,575
Last
year...!
91,517
20.977:
This
Since
Sept. 1.
week.
Sept. 1.
2,130
50,213
4,372
118
121
11,293
48,713
350
6,503
81
...
437
1,373
5,881
179
39,130
08,989
127,331
2,022
32,773
13,346
23,447
69,501
12
811
2,510
12,104
17,417
13,755
299,483
1.128
02,675
5,090
172,436
9*3,774
19,143
354.*'52
4.959
100,007
5,025
228.807
Shipping News.—The exports ot cotton from the
8tates the past week, as per latest mail returns, have
the Chronicle last Friday. With regard to New
Include the manifests of all. vessels cleared up to
night of this week:
fTnited
Ceplialonia, 2,024...
cousin, S67.
steamer Ainerique, 34!)
To Hamburg, per steamer Frisia. 100.
To Antwerp, per steamer Switzerland. 501
To Copenhagen, per steamer Ileuudel, 15 .
New Orleans—To Liverpool, per steamers Leonora, 0,650 —
per barks luge, 3,175
..Mary L H iker, 2,620
To Havre, per steamer Paris, 6,030
per ship William Law,
5,514
per bark Alphonse, et Marie No. 2, 1,900
To Havre, per
Bremen, per steamer North Anglia, 4,500
Antwerp, per steamer Paris, 109
Barcelona, per bark Ellen, 700
Trieste, per bark San Guiseppp, 313
Vera Cruz, per steamer Ciiy of Mexico, 832
Mobile—To Liverpool, per bark Kate Sancton, 2,149
Charleston—To Liverpool, per steamer KlyUe, 3,203 Upland
and 557 Sea Island
To Barcelona, per bark Barba Azul, 710 Upland
Savannah—To Liverpool, per bark Lizzie Perry 4,129 Upland..
To Gothenburg, per brig Anna, 900 Upland
Galveston—To Liverpool, per steamers Carn Brea, 4,000
To
To
To
To
To
per
hark Solid, 1.595
Bay, 6,530
ship Euphemia. 5,355
bark Amphitrite, 2,094
Baltimore—To Liverpool, per steamer China, 3,540
To Bremen, per steamer Hermann, 1,735
Boston—To Liverpool, per si earners Illyrian, 1,100
2,783
Samaria, 991
Virginian, 1,350
Philadelphia—To Liverpool, per steamers Illinois,
Lord Clive, 2,529
per
The
form,
«...
Kansas,
L.031
3,373
3 19
100
501
15
follows:
Copenhagen 15
this week of vessels carrying
bringing our data down to the
Galveston—For Liverpool—Feb. 23—Bark Cavalier, 2,254
Feb. 25Bark Druuiadoon, 2,770.
For Bremen—Feb. 21—Steamer Acton, 4,130.
New Orleans—For Liverpool—Feb. 23—Steamers Catalan, 2,850; Mil¬
anese, 5,000; Oliveto, 5,105....Feb. 25—Steamer Yucatan, 7,034
Feb. 27—Steamer Viudoiana, 4,150.
For Barcelona—Feb. 20—Steamer Apolo, 4.047.
For Genoa—Feb. 21—Bark Zeitiro, 95!)
Feb. 23—Bark Lino, 1,574.
Liverpool—Feb. 21—Bark Kentigern, 2,670.
Mobile -For
Savannah—For Liverpool-Feb. 23—Steamer Serpho, 4,048.
For Bremen—Feb. 23—Steamer Eglantine, 2.000.
For Barcelona—Feb. 26—Steamer Ana de Sala, 3,950.
Charleston—For Liverpool—Feb. 27—Ship John Runyan,
Feb. 28—Bark Heroward, 2,702.
For Barcelona—Feb. 27—Baik Goethe, 1,200.
4,108....
26—
Boston—For'Liverpool—Feb. 19—Steamer Iowa, 2,138—Feb.
Steamer Palestine,
.
Baltimore—For Liverpool—Feb.
21—Steamer Nessmore, 2,124.
Philadelphia—For Antwerp—Feb. 26—Steamer
Vaderland, 275.
Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, &c.:
Cubano, steamer (Spanish), from New Orleans, Jan. 27, for Liverpool,
was abandoned on Feb. 15.
Her engines were broken down and
she was full of water.
The crew have arrived at Lisbon. The
cargo of the Cubano consisted of 5,8 JO bales cotton, 1,207 sacks
of oil cake, &e.
Queen, steamer, before
reported ashore at Nargen. 281 bales cotton
been landed since last report. The whole cargo
salved except 40 bales, which are inaccessible.
Bjornstjerna Bjornsen, bark, before reported ashoro at the
the Mersey. Advices from Liverpool, Feb. 8, state
of cotton have been landed since last report.
have
has been
mouth of
that 51 bales
Cofcton
freights the past week have been as
Satur.
Do
sail
sail
1332*
c.
....
Do
5aa*
....
....
1332*
....
“32*
716*
d.
c.
Antwerp, steam..c.
•
1332v
1332*
....
....
1132*
ll32*
....
....
....
716*
7lb*
7lfc*
7lb*
....
....
....
V
*4*
V
....
....
V
V
....
•
...
V
*2®‘V
^2'a) *8*
“32*
\lr
“32*
\
....
“32*
c.
Trieste, steam ...c.
....
1332*
1332*
... -
V
Barcelona,steam.c.
V
....
....
....
....
1q*
1332*
1132*
....
Thurs.
....
....
follows:
Wednes.
1332*
13;. 2*
....
sail.-.c.
sail
532*
1332*
c.
Reval, steam
Tuts.
....
sail...c.
Do
Mon.
532*
c.
Hamburg, steam. c.
1132*
....
Fri.
...v
30*
....
1332*
....
Dlb*
....
1332-*
•
•
••
l5i«®
....
V
V
® Eg*
^®^
*2® *8*
“32*
“32*
D16*
Compressed.
Liverpool.—By cable from Liverpool, we have the following
sales, stocks, &c., at that port. Wd
add previous weeks for comparison.
statement of the week’s
Feb. 9.
01,000
Sales of the week
bales.
Of which exporters took
Of which speculators took..
.■Sales American
Actual export
4,100
5,lut.
48,090
2-, 500
Forwarded
Total stock -Estimated
Of which American—Estim’d
Total import of the week
Of wliicn American
Amount atioat
Of which American
832
2,119
3,700
710
4,129
900
11,812
11,891
2,094
3,510
1.735
0,230
4,100
01,780
particulars of these shipments, arranged in our usual
are as
91,780
1,420
1,410
Feb. 15
'
Feb. 22
52.000
50,000
2,000
5,200
3.300
41.500
7,400
23,000
800,000
018,000
22,500
898.000
146,000
110,000
107.000
051,00<
94,000
1.800
38,000
7,000
25,000
967,000
084,000
145,000
85,000
425,000
320,000
Feb. 29.
75,000
6,000
5,000
57,000
5,COO
37,000
978,000
700,000
117,000
102,000
374,000
4
415,000
Tuesday.
Wednes.
Thursday:
Friday.
Steady.
Firm.
Firm.
Steady.
10,000
12,-415
270,000
314,000
300.000
11,143
The tone of the Liverpool market for spots and futures each
4,500
109 day of the week ending Feb. 29, and the daily closing prices
700 of spot cotton, have been as follows.
313
591
To Reval, per
Total
„
latest dates:
York, we
Thursday
Total bales
To Vera Cruz, per steamer Whitney, 594
Norfolk—To Liverpool, per steamer Mounts
3,594
are from New York to
Orleans to Trieste. 313 bales.
Below we add the clearances
cotton from United States ports,
*
reached
51,780 bales.
So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
New York—To Liverpool, per steamers
010
0,395
Included in the above totals
Genoa, steam
903,920
Empress, 5,647
03.525 14,492
Amst’d'm, steam.c.
20
5,2750,236
4,100
1,733
4,100
bales and from New
Do
.
...
7,375
14.585-
2,094
—
3,540
6,230
Philadelp’a
Do
3,181
525
i
Foreign
Sept. 1.
4,470
5,029
12,436
594
11,342
11,891
Havre, steam
Since
t
91,500
21.580
1,071!
;
1,090
4 372
......
This
week.
"832
900
4,129
Bremen, steam, .e.
y,i9o| loy.ssi
Orleans.!
Since
Total.
4,333
33.1012
2.149-
710
3,700
Liverpool, steam d
Do '
sail...rf
Baltimore.
Philadelphia
Boston.
Ter a
Cruz.
„
S.
23,239
18,058
14,336
21,994
10,663
20,960
22,963
39,540
0,052
30,092
23,867
23,475
22.370
S.
2.149
Mobile
Charleston.
Savannah..
Galveston..
Norfolk.;..
Baltimore..
Boston
Total...
13,681
10,628
16,95 i
5,712
14,049
8.
14,316
9,582
7,231
7,801
19,135
26....
44
27,751
20,859
17,739
15,310
35,649
18,471
8.027
20....
“
8,707
S.
10,397
10,937
8.
22,580
13,075
21,769
(£ Ham-
Liver¬
3,741,549 1,025,800 3,768,011 3,269,74
jot.Jn.31 3,967,000 4,267,300
8.
30,30
22,962
13,050
Reval <£•
Ant¬ (lothen- r.arccwerp.
bury.
Iona.
501
700
109
Bremen
1878-79.
1879-80*.
1880-81.
....
Feb. 1----
267
THE CHRONICLE.
1, 1384. £
Saturday Monday.
Spot.
Market,
12:30 p.m.
£
$
Upl’ds
uid
iiid.Orl’ns
3ales
Spec.* exp.
Firmer &
ft ’et’nally
lower.
Firm.
5'0
57a
578
57b
0
0
0
0
12,000
2,0u0
12.000
2.090
H578
0
12,000
57a
6
10,000
2,000
14.030
8.000
2,000
1,000
Quiet.
Steady.
Steady.
Steady.
Firm.
Firm.
Steady.
Steady.
2,000
futures.
Market,
12:30 p.m.
Market,
5
P. M.
{
Steady.
Firm.
{
\
Steady.
Firm.
J
£
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 xUiddiing clause, unless
otherwise stated,
THE CHRONICLE
268
JgTThepriccs aregiven in pence and QUhs, thus: 5 62 means 5 62-64ef.»
ind 6 03
means
Sat., Feb. 23.
Dion., Feb. ‘25.
Tuea., Feb. 26.
Open High Low. Cl08.
Open High Low. Clos.
Open High Low. Clos.
d.
d.
February...
6 3-64d.
•
.
.
....
d.
d.
....
....
d.
d.
d.
d.
5 55
5 55
5 55
5 55
d.
....
d.
d.
....
d.
...
....
Feb.-March 5C0
5 50
556
5 50
5 55
5 55
5 55
5 55
Mar.-Apr...
5 58
5 59
5 57
5 57
5 55
5 50
5 55
5 50
5 56
5 50
5 54
5 54
April-May..
May-June .
June-July..
5 62
5 02
5 02
5 02
5 00
501
5 00
501
5 00
5 00
5 00
5 60
0 02
6 03
0 02
0 03
6 01
0 01
001
0 01
6 0)
0 00
0 00
0 00
0C6
607
0 06
6 00
0 04
0 05
0 01
0 05
0 04
0 04
6 03
0 03
July-Aug...
6 11
0 11
6 ll
0 11
! 6 07
6 01
0 07
0 07
Aug.-Sept
6ept.-9ct...
0 13
0 13
0 13
013
0 12
0 12
6 12
6 12
....
0 12
•
•
•
.
0 13
....
0 12
....
..
....
....
....
....
....
Oct.-Nov....
....
....
....
....
....
....
....
Nov.-Dec..
.....
....
....
....
....
....
....
....
....
....
....
....
Dec.-Jan....
.
...
....
....
0 13
...
....
....
....
...
....
.
....
....
...
....
....
....
...
...
...
..
..
.
27.:j
Thurs., Feb. 28.
Open High Low. Clos.'1i Open High
d.
February...
Feb.-March
•
r.
d.
....
d.
d.
j
1
....
5 55
5 55
5 55
5 55
Mar.-Apr... 5 56
5 50
5 55
5 55
Apr11-May.. 5 00
May-June.. 0 00
June-July.. 6 01
July-Aug... 608
Aug.-Sept.. 0 12
Sept.-Oct...
5 60
5 00
5(50 !
0 01
6 00
0 01
0 05
0 Cl
0 05
0 09
6 08
0 13
0 12
Oot.-Nov..
Nov.-Dec...
©ec.-Jan....
|
d.
....
j
Clos.{ Open High Loiv.
d.
d.
....
d.
~d.
....
....
Clos.
d.
....
5 50
5 55
5 50
5 55
5 55
5 55
5 55
5 55
551
5 55
5 55
5 55
5 54
5 54
5 59
5 01
5 59
501
j 0 00
0 00
0 00
0 00 1
001
0 01
0 00
6 00
! 6 04
004
0 04
0 04
0 05
0 05
0 05
0 08
0 08
0 08
0 09
|
0 05
0 09
0 09
0 09
6 09
0 09
0 13
0 12
0 13
0 12
6 13
0 IS
6 13
6 12
612
...
....
....
....
....
....
....
....
....
....
.
....
....
...
.
d.
Fii., Feb. 29.
j
5 54
....
.
...
...
....
...
....
...
j
j
FLOUR.
No. 2 spring...$
No. 2 winter
2
2 40® 3
2 75® 3
3 50® 4
4 50® 5
3 25® 3
60
00
40
75
bbl. $2 25®
8uperfine
Spring wheat extras..
Minn, clear and stra’t
Winter sliipp’g extras.
Winter
clear
and
75
60
straight
Patents, spring
4 50® 6 00
5 75® 6 85
Patents, winter
5 40 ® 7 00
....
....
....
....
....
....
....
....
....
....
....
....
....
....
...
....
....
....
....
....
....
....
....
-•
....
....
...
—
City skipping extras$5 10® 5 50
Southern bakers'
and
family brands
4 60®
SoutlTn sLip’g extras.3 G5®
83 ®109
1 08
S1 09
1 13q® 1 14Uj
88
®1 12
85 ®1 09
®1 09
58 ®
62^
Spring, per bush.
Spring No. 2
Red winter, No. 2
Red winter
White
-White No. 1
Corn—West, mixed
West. mix. No. 2.
White Southern..
Yellow Southern.
Western white...
Western Yellow
62%®
63
69
64
65
64
70
6.5 ^
68
®
®
®
Rye flour, superfine..3 40® 3 75
Western, &o
Buckwheat flour,
Flour.
scarcity of flour than to any other influence. There is no ac¬
tivity in any description. Buyers prefer winter wheat flour,
and of this there is only a moderate supply. The stock of
spring wheat grades, moreover, if being steadily reduced, and
it is dow by no means excessive.
To-day there was a moderate
trade at steady prices.
Wheat has been very quiet for export, and still only moder¬
ately active on speculation. Options have therefore declined,
despite the efforts of the bulls here and at the West to sustain
prices. Both here and at Chicago the trading has been largely
among brokers. The dulness of the export trade is a heavy
weight on the market, and tends to discourage speculation,
while the unusually large supply in this
country likewise exerts
a more or less depressing influence.
'J he supply in Chicago on
the 23d inst., for example, was 13,102,000 bushels,
against only
5,999,000 bushels on the same date last year and 3,774,000 bush¬
els in 1882. At other important centres of the grain trade the
stock is relatively quite as liberal, and it is well known that
Europe is abundantly supplied. The course of the market
latterly has not been steadily downward, however, as the cover¬
ing of shorts has enabled the bulls to occasionally advance
prices a fraction; and in Chicago it is asserted that the market
has been over-sold.
able.
The weather has been in the main favor¬
was a moderate business at a slight advance.
To-day there
to-day at $1 13% in elevator, #1 08 for March,
•'ll 10% for April, $1 12l.< for May and $L 13% for June, show¬
ing a decline for the week of %c. to %e,
Indian corn has been easier and very quiet both for
export
and on speculation. The trading in options has, in fact, been
trifling compared with the transactions of active times. On
several days the sales here have not much exceeded half a million
bushels. There is little disposition to speculate
largely either
here or at Chicago. The visible
supply in this country is not
much larger than at this time last year and,
compared with that
held at this date in 1SS2 and 1881. it is an
important item
smaller; but it is none the less true that it is more than ample
for the existing wants of the trade, and it is,
moreover, slowly
increasing. At Chicago indeed the stock is still much larger
than for some years past. The feeling
everywhere is feverish
and distrustful. There is a disposition to await the
course of
events before embarking on what seem
hazardous speculations
No. 2 red closed
either side of the market. Some consider that the
largeness
of the supply is offset by the fact that little of the corn
coming
to market is.of contract
grade. Others think Europe will want
much less than usual of our cereals this
on
year.
To-day there
was light trade at a fractional advance.
No. 2 mixed closed at
£2%c. in elevator, 62tJe. for March, 63%c. for April, 64%c. for
2 75® 3 00
Rye—Western
72
76
39
43
State & Canada
Oats—Mixed
White
No. 2 mixed...
®
74
78
42
47
®
®
40V®
407e
No. 2 white
44
®
Barley —No. 1 Canada. 87 ®
No. 2 Canada
83 ®
State, two-rowed
62 -®
State, six-rowed
75 ®
Buckwheat
80 ®
Wheat.
Corn.
Oats.
Barley.
44 h
88
84
65
78
Rye.
Chicago
36,170
lbs| Bush.56 lbs
155.804; 1,301,324
Milwaukee..
66,074
128,720
25.810
008
49,267
319,320
17,878.
2,496
79,437
30.427
5,868:I
20,401
107,553
6,150
23,2141
528.930
183,894'
402,099
280,750
44,414
20,900
550.153,
2,007,901
2,189.771
760,274
1,109,272j
Toledo
Detroit
Cleveland.
3t. Louis
Bush.32 lbs Bush.iS lbs BushMlbt
040,070
3
4,8061
102.553j
29,977
120,477;
5,413
.
31,483
1,775
Peoria
Duluth
Tot. wk. ’84
Same wk. ’83
138,613:
183,769,
130,293’
Same wk. ’82
5,150
13,5'0
780,108;
314,805
463,840
351,525
137,944
71,272,440
49,662,647
39.025.900
13,909,543
30,815,909' 11.527.0511
5,792,695
2,994,122
70,297,954
22,446,529,
3,130,810
786,197j
410 176!
50.045
68,707
22.500
SinceAug.l—
1883
5.584 514
50,236.383
1882
5.977.892
58,299.109
1881
4,868,523[ 31,521,1)32]
*
;
FJour has been in rather better demand and prices Lave ad¬
The rise is due more, however, to the comparative
vanced.
3 30
3 45
$
100 lbs
Bbls.imbs Bush.60
Friday. P. M., Fob. 29. 1881
3 00®
3 35®
Brandywine, <feo
®
65^ |
The movement of breadstuffs 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
Lake and River ports, arranged so as to present the
compara¬
tive movement for the week ending Feb. 23 and since
Aug. 1
for each of the last three years:
Receipts at—
BREADSTUFF S.
6 25
5 50
Corn meal—
GRAIN.
Wheat-
5 55
....
.
d.
Low.
May and 65%c. for June, showing in most cases a trifling de¬
cline, though cash and March are slightly higher.
Rye has advanced, while barley has declined. Both have sold
fairly. Oats have been very dull, and show
slight decline
for the week. To-day No. 2 mixed sold at
40%@40%c. for
March, 413^c. for April and 42%c. for May.
The following are closing quotations
...
.
1
WedneM., Feb
[vol. xxxvrn.
9,901,1031
No report.
The comparative shipments of flour and
grain from the
ports from Dec. 24; 18S3, to Feb. 23,1884, inclusive, for
four years, show as follows:
same
1883-81.
1882-93.
bbls.
1881 92.
1880-81.
1,441,453
1,718,301
1,249,513
1.395.406
Wheat..:., bush.
2.657,41)1)
11.356,661
5,037,691)
i.,234.,186
401,835
2,966,438
11.963,520
5.232,811
1,039.3 77
6.684.393
4,391.885
1,150,457
365.363
392,451
21,587.509
16,474,514
Flour
Corn
Cats
Barley
,
Rye
Total grain
21,187,885
....
3.384,587
13,022, 103
5,469.617
2,123,785
282,079,
2 4.282,171
2,459,022
ports for four years;
Flour...
Wheat..
.
1881.
'Week
Feb. 23
1883.
Week
Feb. 24.
..bbls.
L40,834
158,039
128,191
112,632
bash.
269,657
1,422,395
305,697
1,342,146
118,971
1,094,420
286,212
91,762
13,128
223,545
761,914
451,499
79,162
28,157
Corn
Oats
Barley
661.761
300,2 11
99,864
21,771
Ryo
Total
25,834
2,638,195'
2,855,649
The rail and lake shipments from
weeks
were:
Week
endina—
Feb. 23.
Feb. 16.
Fob.
9.
Feb.
2.
Tot., 4
w.
4w’fcs’83.
1882.
Week
Feb. 25.
same
1881.
Week
Feb. 26.
1,009,493 1,686,909
ports for last four
•
Flour,
bbls.
158,388
152,660
Wheat,
Corn,
Outs,
bush.
289.657
bush.
bush.
134,641
149,051
172,017
188.633
207,062
594,710
689,770
857,369
1,739,508
1.477.585
1,475,3 57
1,585,2 10
1.380,853
Rye.
Barley,
bush.
631,027
bush.
99.864
103,373
551,843
517,576
157,463
52,751
27,578
32,790
149,874
49,385
629.685
5,923,035 2T,530.131
510,574
6,333,108 2.0S2,461 1.145,663
162*,5(
87,S.
The receipts of flour and grain at the seaboard
ports for
week ended Feb. 23 follow:
At—
New York
Boston
Portland
..
Montreal
Philadelphia...
Baltimore
New Orleans...
tt
Flour,
Wheat,
bbls.
Corn,
bush.
Oats,
Barley,
bush.
226.0 42
bush.
bush.
bush.
207,900 113,950
93,000 22,862
23,000
68,346
61,892
2,038
13.583
10.431
21,682
19,657
Total week... 203.629
Cor. week ’83.. 232,624
30,733
7,800
26.700
19,500
78,301
283,675
101,230
5,450
3,200
25,000
7.700
47.600
72,450
631,192
8,644
35,020
163,042 1,345.6 45
'
Rye,
500
......
3,100
41,400
403.061 181,312
259,048 137,725
500
3,475
13,966
The total receipts at the same ports for the period from
Dec. 24, 1883, to Feb. 23, 1884, compare as follows for four
years:
797,138 1,931,358
piour
THE CHRONICLE
1, 1884.1
march
1883-84.
1H82-93.
..bbla.
1,927,258
2,631,803
bueli.
2.835,951
8,232,868
2,738,900
1,255,687
281,349
15,314,755
Wheat
Corn
Oats
Barley
Rye...
--
Total grain
....
1881-82.
1880-81.
1.859,122
2,107.503
8,331,072
13.252,357
3,259,331
700,802
154,624
5.209,904
6,712,785
3,678,860
7,938.376
9.673.090
3.522,520
948,487
90,513
982.441
25,698,186
16.610.549
22 411.741
...
ing cloths, because of the comparative failure of the strike
among the Fall River operatives; but in other respects the tone
of the market
295,314
to Great
exports from the several seaboard ports for week ending
23. 1884. are shown in the annexed statement:
Wheat.
Flour.
Oom.
Oats.
Rye.
Pea*.
Bush.
Bush.
Bush
Bbls.
Bush.
Bush.
BoBton...
54,357
24,473
119,312
8,348
Portland.
1,640
171,822
103,590
97,230
NewYorh
.Montreal,
philadel,.
2,500
95,941
17,625
16,800
272,667
54,725
110,718
Total w’K
9’u\e till!*
1^3.
102,268
493,268
555,710
2,373
170.270
728.092 1,130.974
4,633
.
..
£
29,492
81,060
for week
1884.
to—
Week,
1883.
Week,
Feb. 24.
Feb. 23.
Bb Is.
Coutiii’nt
8.<fe C.Am
W. Indieb
Brit. Col’s
Otb.o’ut’f-
1884.
Week,
Week,
1883.
Week,
Feb. 24.
Feb. 23.
Feb. 24.
Bush.
568.618
137,272
......
.
,
2 202
.
.....
,
.
.
.
•
•
.
.
Bush.
Bush.
316,430
201,110
32,908
5,062
946,024
155.380
16.593
4,533
200
.
190
8,344
170,270
By adding this week’s
4i'6,2o8
728.062
movetne it. to
mr
555.710 1,130.974
previous totals we
following statement of exports since September 1, this
have the
and last
season
1883.
Bush.
236.460
259.808
6 040
23G
102 268
Total...
1884.
18,810
20,684
16.781
3 439
446
Corn.
Week.
Feb. 23.
Bb/s.
121.777
2.123
45.357
6,514
29.731
Un.Kiug.
27.259
We add the
Wheat.
Flour.
9,609
......
The destination of these exports is as below.
corresponding period of last year for comparison:
Exports
1,979
7,630
Baltiiu’re
K.Orl’ns
498
51,568
2,373
Exports siiict
Sept. 1. to—
13.-3-84
1882-83.
1883-84
1382-S3.
1883-84.
Sept. 1 to
Sept. 1 to
Sept. 1 to
Sept, 1 to
Sept. 1 to
Feb. 23.
Feb 24.
Feb. 23
Feb. 24.
Feb. 23.
1882-83
Sept. 1
r
Feb. 24
Bush.
Bush.
On. Kingdom
2.734,753
3.078.317
13.030.427
24.407.430
Continent...
212.512
348.777
0,020,059
10,703.057
14,084,306
4,383,720
0.SlC. Am.
^8 4,757
831
88.078
804.703
1,457,592
114.900
West Indies.
840,440
420.038
431.404
20,078
232,345
32G.7S8
308.000
8.010
35.531
7.800
220.540
Brit. Col’nles
91,620
67,303
Oth. countr’s
17,005
22,338
5.577
200.403
110.925
79.320
4 f 5?.23!
5.223 709
23.043.132
44.448.5 >5
20.085,894
Tot!*].
...
Bush.
Bbls.
Bbls.
Bush.
10.190,925
12.142,48
»
the stocks in graua.-y
at lake and seaboard
ports, and in transit by rail and water. Feb. 23, 1884, was a-
The visible supply ot grain, comprising
at the principal points of accumulation
follows:
Wheat,
In store at—
Ntiv,
iora
Do afloat <est.).
Albany
Chicago
Do
afloat
91.200
Milwaukee
Duluth
Toledo...
....
Detroit
0. Louis
Cincinnati
2,537.292
1.023 313
41,094
6.0,709
42,252
165.000
87,670
145.000
1.236,627
127,096
i;88 2,057
38,497
230,121
} 26,948
660
476,891
100,482
10 200
169 533
72.527
45 600
177153
1.473
81 994
165.185
220,409
Vlontrea
....
Peoria
Indianni'o.is
<
2,262
17,897
B'iblOli..
r»rnnt»..
.
35,800
19.500
328
134,444
5,816.796 1,603 912
101,765
792,363
3,010.072
2,675,443
Oswego
Pbiladoli'iiirt
bush.
bush.
1.851,154 2 ,232,199
313,681
10.000
1,119.653
12,811,135
Buffalo....
Oats,
Corn,
bush.
4.486.459
i-\
Bhltin < re
Down MisHiHBiirpi.
On laii..
.
632.217
5,519
Barley
Rye,
oush.
281,282
bush.
117.233
90 000
26,0o0
102,000
15,100
253.386
9,767
-246.590 1,763.288
®
.
...
120,100
3-4,191
451,446
169,791
289,657
1,422,395
55,190
m
e.
e
o
•
657,937
.
401
11.728
238.000
23.601
33,860
9,078
19G.6 >3
15,832
1,036
110,250
56,700
24,613
2,650
28.180
801,505
......
99.864
'
26,428
.
400
44,000
73.980
17,024
1,076
......
31.ol8
93.017
19.600
15.609
4,8 19
27,97 7
24.774
lot. Feb. 23.’84. 31,474,951 14,407.901 5.524,558 2,261.198 2.317.330
Tol.Fe.li. lb.’84. 31.828.913 13.865 879 5,267.356 2,400,269 2,341.745
I'M Feb. 24.’83. 22.509.914 11,528.953 4,165.220 1,556.859 1 647.163
Tot. Fel>. 25. *62. 17,045,992 15,656,329 2,412,225 2,280,407 1,310,817
Tot. Feb. 26.’81. 25,748,690 15,544,284 3,427.506 3,036.710 767,919
THE
DRY
GOODS
TRADE.
Friday. P. M., Feb. 29, 1884.
The past week has developed few new features of special in¬
terest in the dry goods trade, and the general situation is un¬
changed.
There
was
a
fair representation
-
of wholesale
clothiers in the market, who placed some pretty good orders
for
clothing woolens; but otherwise business ruled quiet with
the commission houses, and the demand for foreign goods
failed to realize expectations. The jobbing trade was spas¬
modic and
irregular, owing to the stormy condition of the
weather which existed at times, but a fair aggregate distribu¬
tion of staple and department goods was made in this connec¬
tion, and retailers from all parts of the country are arriving in
such force that an active business is expected by jobbers in the
near future.
There was a slight shrinkage in values of print¬
Britain, 113 to* Mexico, &c.
There was a continued
light demand for plain and colored cottons at first hands, and
the jobbing trade was moderate.
The best brands of brown ‘
sheetings remain steady in price, but some makes adapted to
conversion purposes are a trille easier, in sympathy with print
cloths. Bleached cottons and wide sheetings were in moderate
request by package buyers, and most descriptions of colored
cottons rul^d quiet but unchanged.
White goods were in
steady request and firm Print cloths remaiued dull, and prices
are lower (owing to an accumulation of stocks on hand), closing
at 3hjC for 64x04s and 3 l-16@3/£c. for 56x60s.
Prints were
quiet as regards fancy styles, but indigo blues, shirtings, fine
sateens and furnitures were fairly active, and a good business
was done in dress ginghams, chambr&ys, seersuckers and wash
fabrics, by the principal jobbers.
Domestic Woolen Goods.—There was a slight change for the
better in the demand for men’s-wear woolens by the clothing
trade, some fair orders for all-wool and cotton-warp cassimeres,
worsteds, overcoatings, &c., having been placed for future de¬
livery. There was, however, an evident reluctance on the part
of buyers to take hold with their customary freedom, owing in
a measure to the uncertainty in
regard to the probable action
of Congress upon the tariff question.
Ladies’ cloths, tricots,
&c, were iu moderate request, and a fairly active business was
done in Jersey cloths.
Sitiuets and Kentucky jeans have not
bands, but fair sales of the latter
reported by jobbers. For all-wool and worsted dress
goods a steady dem ml was experienced by agents, and the
jobbing trade wfas of very fair proportions. Carpets were less
active, but prices remain steady.
Foreign Dry Goods.—The jibbing trade in foreign fabrics
was more active at times,
bin the business d ue by importers
was restricted in volume, the tariff agitation having rendered
buyers very cautious. Silks ruled quiet, and prices are low
and unsatisfacfoiy*to importers.
D.ess goods were in irregu¬
lar demand, but mostly sluggish, and there was a limited
inquiry for housekeeping linens; but specialties in white goods,
were
Corn.
Wheat.
steady.
shown much animation in first
season.
Flour.
was
Domestic Cotton Goods.—The exports of cotton goods for
the week were 2,409 packages, including 651 to U. S. of Colom¬
bia, 418 to Brazil, 409 to Argentine Republic, 343 to Hayti, 292
The
txporis
from-
269
embroideries and laces were in steady request.
Importation!, «»i‘ Dry Goods.
importations of dry goods at this port for the week
ending Feb. 23. 1384. ami since January 1, and the same facta
for the corresponding periods of 18,83. are as follows:
The
THE CHRONICLE.
^Blcstcvu
-
-
-
Prompt attention given to all business In our
N. Y. Correspondents.—Donnell, Lawson
and the Metropolitan National Bank.
Thos. M. Thornton.
W.
&
line.
& Co.
BROKERS,
8HELBYVILLE, ILLINOIS.
GRAIN
the
freely furnished
,
1871.
ESTABLISHED
KELE1IER
805
OLIVE
Dealer*
In
&
CO.,
per cent, for sale.
in New York, by permission, Clark
Dodge & Co., 51 Wall St.; Hate a & Foote, 12 Wall St.
References
R*f«renoefl in St. Louis. Banks generally.
George
Lustis 6t Co.,
tlKOKKKS,
CITY
OF
The Trustees, in
H.
Policies henceforth Issued
ality,
assures
largest liber¬
the popularity and success of this Co.
1882
16.790.000 00
5,116,814 46
Payments to policy-holders
459,679 46
Increase in
new
business written in
87 per cent.
18,806,000 00
5,268,212 48
475,923 08
1883 over 1882,
pany. are invited
to address J. S. GAFFNEY,
Superintendent of Agencies, at Home Office.
January, 1883, to 31st Decem¬
ber, 1883
$4,260,428 93
Losses paid
Mercantile
Sc
Co.
Ins.
NEW
Specialty.
Over Twenty Years’ experience war¬
our
Dress
unequaled for style, appear¬
and workmanship.
We guar¬
in all cases a perfect fit.
are
BUDD,
Broadway & 24tli Street, New York.
Bliss, Fabyan & Co.,
otherwise
CHAS. E.
ceivable..
SUCCESSORS TO
OUTSTANDING
on
thereof,
15 Chauncey Street,
BOSTON.
A DIVIDEND
declared
on
OF
Co., Atlantic Cotton Hills,
Peabody Hills,
Chicopee Hfg. Co.,
W hite Hfg. Co..
.
JOSEPH GiLlDTTS
STEEL PENS
Solo By ALL DEALERSThrouchoutThe WORLD
I
,0010 MEDAL PARIS EXPOS tT10N*,IB7flJ !
and canceled.
FORTY
PER
CENT
tlio net earned premiums
Is
of the
Company, for the
year ending 31st December,
1883, for which certificates will be issued on
aud after Tuesday, the Sixth of May next.
J. H.
F.
S.
YORK.
e
Board,
CHAPMAN, Secretary.
TRUSTEES.
WINSTON, President.
J. D. Jones,
Charles Dennis,
ISSUES EVERY DESCRIPTION OF
Rates Lower than other
APRIL
Companies.
1
14TII, 1842.
ASSETS. $95, 000,00k
MARINE AND INLAND INSURANCE
COMMERCIAL
AGENTS FOR
ocean ITIills
paid to
their legal representa¬
and after Tuesday, the Fifth of Feb¬
Horace
W. H. H. Moore,
Charles H. Russell,
James Low,
David Lane,
Gordon W. Burnham,
A. A.
INSURANCE
57
& 59 WILLIAM
MUTUAL
COHPANY,
STREET,
NEW
YORK.
A7S SETS
United States Secuiitics
$314,105 00
Bank Stocks of New York Citv Banks—
116,420 80
City and other Stocks and Bonds, Loans
and Cash in Banks.,
Premium Notes, Cash Premiums, Rein¬
surance and other Claims
235,007 15
73,558 05
Total Assets. January 1. 1884
$739,091 00
W. IRVING < OMES, President.
Henry D. King. Sec. Waixwright Harjdie V.-P.
U3T* This Company issues Certificates of Insurance,
-LONDON, at its Bankers, MessrsBROWN, SHIPLEY A OO.
Gray,
Edmund W. Corlies,
Adolph Lemoyne,
Robt. B. Miuturn,
Charles H. Marshall,
John Elliott,
James G. De Forest,
Charles D. Leverich,
Raven,
Wm.
JTIUDGE, SAWYER Sc CO.,
or
CERTIFICATES of
redeemed and
INSURANCE COMPANY
ORGANIZED
Joy, Lincoln & Motley,
or their legal representatives, on
Tuesday, the Fifth of February Dext.
the time of payment
LIFE& ENDOWMENT POLICIES
Drills, Sheetings, dtc., for Export Ti'ade.
the outstand¬
ruary next, from which date all interest thereon
will cease. The certificates to be produced at
MUTUAL
’
PRINTS, DENIMS, TICKS, DUCKS, &c.
on
thereof,
tives,
Co.)
WHITE, SAM. P. BLAGDEN
OF NEW
Towels, Quills,'Wlilte Goods Sc Hosiery
$12,97 .312 47
By order of 0
Philadelphia,
Saratoga Victory Hlg. Co.,
Hosiery and Warn Hill
1,588,06 79
335,710 68
certificates of profits will be paid to the hold¬
THE
Office, 54 William St., New York.
SHEETINGS,
Hills,
425,(00 00
Re¬
Cash in Bank..
the issue of 1879 w.ll be
MANAGERS
Sc BLEACHED SHIRTINGS
llerton New
1,956, 00 00
Company, estimated at
Premium Notes and Bills
the holders
Solon Humphreys, Ch’r’n, (E. D. Morgan &
David Dows, Esq. (David Dows & Co.)
E. P. Fabbri, Esq. Drexel, Morgan & Co.)
Hon. 8. B. Chittenden
Ezra White, Esq.
J J. Astor, Esq.
SELLING AGENTS FOR LEADING BRANDS
48 A 45 White Street.
NEW YORK.
$8,666. 95 00
by Stocks and
Real Estate and Claims due the
and after
YORK:
Assets, viz.:
City, Bank and
Loans secured
SAMUEL
E. R.
$850,080 76
The Company lias the following
United States and State of New
ers
United States Board of Management.
SAMUEL BUDD.
AND
$1,901,042 38
penses
ing
LONDON AND EDINBURGH,
BROWN
same
Amount
OB
No. 109 Duane Street.
New York, Boston,
during the
SIX PER CENT INTEREST
STATES BUNTING CO.
A full supply, all Widths and Colors, always in stock
antee
$5,708,185 63
Premiums marked off from 1st
North British
Also, Agents
ance
1,539,232 53
Total Marine Premiums
other Stocks
$2 800,000 00 $5,231,000 00
New Insurance Written
Insurance In force.
Assets....
CANVAS,
FELTING
DUCK,
CAR
COVERING, BAGGING, RAVENS DUCK,SAIL
TWINES, &C\, “ONTARIO” SEAMLESS
BAGS, “AWNING STRIPES.
Shirts
$4,168,953 10
Policies not marked
York Stock,
1883
GOOD AGENTS, desiring to represent the Com¬
our
on
Returns of Premiums and Ex¬
satisfactory
Comparison of Business for Two Years.
COTTON
that
January, 1883, to 31st De¬
incontestable
are
All forms of Tontine Policies issued.
And all kinds of
assertion
1st
cember, 1883
period
<
are received at the Home Office.
Absolute security, combined with the
COTTON SAILDUCK
the
December, 1883:
proofs
Manufacturers and Dealers It
rants
ihe 31 at
off 1st January, 1683
IN .1850)
for any cause after three years.
Death Cluinos paid at once as soon as
Brinckerhofl, Turner
Sc Co.,
Fine Custom Shirts
on
Premiums onMarite Risks from
Premiums
YORK,
BROSNAN, President.
C. P. Fraleigh, Sec’y. A. Wheelwright, Ass’t Sec
Geo. H. Burford, Actuary.
By an act of the Legislature of this State this Com¬
pany’s charter was so amended in 1882 that hereafter
all the profits shall belong to the policy-holders ex¬
All
©owwcvcial ©arils.
conformity to the CLarter of
Company, submit the following Statement
of its affairs
261, 262 & 263 Broadway, New York.
T.
Co.,
NEW YORK, January 24,1884.
NEW
(ORGANIZED
clusively.
CINCINNATI, OHIO.
UNITED
THE
Securities.
4% to 10
Mutual Insurance
request.
The United States Life
Insurance Co.
IN
Defaulted Bonds of Missouri Kansas and Illinois a
Specialty. Good Investment Securities, paying from
upon
the
STREET, ST. LOUIS,
Western
PROVISIONS,
Insurance.
Day of Payment.
REFERENCES—National bank of Commerce.New
Fork. Union National
Bank, Cincinnati. Third
National Bank. St. Louis. Traders’ Bank. Chicago
Harrison’s Bank IndlunHnolis.
F.
AND
Chicago Board of Trade, for cash
Collections made in Shelby and adjoining Countie?
P.
ATLANTIC
or future
delivery, a specialty.
Special information, indicating course of markets,
SON,
AMD
«nd Proceeds remitted on
OFFICE OF THE
HERCHANTS,
THE PURCHASE AND SALE OF
on
(Established 1859,)
BANKERS
Everingham Sc Co.,
125 La Salle Street,
(ADJOINING CHAMBER OF COMMERCE),
CHICAGO.
Wm. W. Thornton. Case
F. THORNTON
atsurauce.
(Established 1865.)
$250,000
-
L.
COMMISSION
ARKANSAS.
ROCK,
Capital (Paid In)
C. T. WALKER
Cashier.
Bank,
German
LTTTLE
©ororaevcial ©arils.
Jktulters.
D. G. FONES, < STATE BANK. )
President.
(Incorporated 1875. >
[Vol. XXXVIII.
Sturgis,
Benjamin H. Field.
William Bryce,
William H. Fogg,
Josiali O. Low,
Thomas B.
William E.
Horace K. Thurber,
Coddington.
Dodge,
Royal Phelps,
William
C. A. Hand,
John L. Riker,
John D. Hewlett,
N. Denton Smith,
William H. Webb,
Charles P. burdett,
George Bliss,
William H. Many.
JOHN D. JONES,
President,
CHARLES DENNIS,
W. H. H.
losses payable in
A. A.
Degroot,
Vice-President.
MOORE, 2d Vice-President.
RAVEN, 3d Vice-Preddei*.
@FedFRASER