Full text of Commercial and Financial Chronicle : March 10, 1894, Vol. 58, No. 1498

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R E P R E S E N T I N G T H E I N D U S T R I A L A N D C O M M E R C IA L I N T E R E S T S O F T H E U N I T E D S T A T E S .

A’OL, 58.

D ana

A

Co., in t i e office of th e L ib ra ria n of C ongress, W ashington, D. C.]

SATURDAY, MARCH 10, 1891.
W rek E n d in g . V . r d l 3 .

The Chronicle.

j

Terms of Subscription—Payable in AdYanee:
F o r O ne Y e a r . ....................................... .................................. .
$ 1 0 00
F o r S ix M o n t h s . .. ........ ................................
6 00
E u ro p e a n S u b s c rip tio n (In c lu d in g x>osiage)......................... 12 0 0
E u r o p e a n S a b a o r i p tto a S l x M o n th * d e l u d i n g p o s ta g e ) .

7 00

A n n u a l S u b s o rtp lfo n l a E o n d o ix (in c lu d in g ’ p o s t a g e } .. .. £ 2 10s.
S i x Moa.
do.
do.
do.
. . . £ l 1 0 s.
The isrvESfOEA’ 8 c u p l e m e n t o f 1 6 0 p a g e s Is Is s u e d e v e r y o th e r
m o n th , o n th e la s t S a tu rd a y # o f J a n u a ry * M a rc h , M ay , J u ly , S e p te m b e r
a n d N o v e m b er, a n d f u r n is h e d w ith o u t e x t r a c h a r g e to a ll s u b s c rib e rs

of th e Chroniclb for six m o n ths or longer.

T h e S t a t s and C it y S u p r u s M iN i o f 1 8 4 p a g e # i t a lso g iv e n to ©very

yearly s u b s c r ib e r o f th e C sa o srtc iL i;

1894.

—24*0
-1 4 * 0
-u * a
-8 2
—28-2
—24 2
-1 1 * 8
—YUS

80,4 m
?
15.784,115
18,521,042
9*206*631
2.081,632
1,7*17,7540
ljK>6,47o
1,015*538
280*500

-20*4
-2 8 * 1
—16A
—34*4
-3 3 * 0
- i n
—fS*2
-2 9 * 8
•f-3’9

B fm th ftm to o * .....................
S c r a n t o n '* - . . . , , . . . . . . . —
T o tf tl M i d d l e . . . . . . . . . . .

**

58 00

(T he a b o v e te rm # f o r o n e m o n th a n d u p w a rd a r e f o r s ta n d i n g card # .)

Loo don A gents;
M iasm . E d w a r d # h BmTMt t D raper#* D arden#,. JL € . , 'Will t a k e sab ic rip U o o * a n d a d v e r tis e m e n t# , a n d s u p p ly s in g le c o p ie s o f th e p a p e r
a t is . each.
w n x i 4 %* b r»tVA C W I i i l l H f t . D A N A 9c Co** F w b lU l iv r * .
W U .L J A M u , O W . 1
% m
H W
V O K H •
mwM o .

|

F ont O r n e e

8 * ,9 5 9 .m
H.7»9,90C
JM #9,0e8
1 ^ 8 7 ,2 4 5
1,118.998
1.210,077
737,081
509.570
412,050
9?

e s u m js m
l la W f if if i
12*959,721
0.089.512

um M i

1,418*08#
i m ,m i
713.214

I nd!»sm 0*A i*. . . . . . . . . —
a r e n a B * p id # .» ... . . . . . . .

154,241

T o t a l M ia d t* W w t v r n , I€.O 0f*lfi8
s tr .tr !
1 J 19,776

000*000
IpofcftO;#.

im M ®
(ftl.942

W m k BnMim§ M-rn^k 16,

C & X A R iN pa

T o ta l P a e f f ie ... . . . . . . . .

E*t,urm bp Ttttgrmpl 1*

1894.

*•«•«*«___ *
.

.

......... .....
................

m m . M M MM
0 3 * » 1 3 » f7 8
4 1 ,tA 2 ,0 # €
U *2 9 0 ,9 9 4

QllMNfi#*** ■
It,
N e w Ot Im b # . . . . . . . . . . . . . . . . .
5 day# ,
O th « r c i t l w , 5 f if t y # .,. . . . . . . . .

#•115/499*577
U 9 ,7 8 4 ,2 9 5

T© $#i a i l c t t i f # , § f if t y # ,...
.A B e itle i,, %
*— ***»*«, *

# 7 3 X .5 « 3 jr7 2

T u t # ! #11 e i tf e « f « r

8M U V 2T3
11,907.2Cn;t
s.A ist.rua
5 .1 8 8 .m
4,121,807
3,281.708
I.787.2W
989.778
M 4 fit
li^ O d

ca
............... .
C l n o t n n f t t i . . . . . ............ .
H tlw m ’t m . . . . . . . . . . . . . .

m tjm
%bt,om
M0,6%Sl

CLEARING HOUSE RETURNS.

N « w Y o r lu - * * —^

sm.myo

75L792
98,817,925

B ox $$#,

The following Ubte, made op h r telegraph, etc,, tadigMes
that the total hank clearing* of all the clearing t e a m of the
United Ktnt*-.~ for the wee* ending to d a y , March 10, hare
been t8M0.it05.14ri against 1881,991,648 last week and
11,233,063,475 the corresponding week last year.

( p w o ftt,
I

# 5 9 5 .0 0 8 ,2 2 5

1
i
j

$0, 2 5 2 ,8 2 2

-1 9 -8

[

I 0 ,7 M ,4 7 #

-* » •*
+ 5*0

f 1 ,7 7 9 , € 3 8
fiJ ttM f it

*»-lS*IS
- 4*7

• W 9 .t? 4 ,M t
_____ •* % * * & *

-a m
-2 2 4

8 ^ 7 2 ,9 5 7
4,CJ 2,322
iJ M M
fix.

#72,052
h‘.'1.7M2
5MX98#
515^94

T a p e k f t.,..
.♦
F rw m fittt.. . . . . . . . . . . . . . . . .
T o t a l O t h e r W e # te rm ..

91*297*583
10.12* 1,99.1
7,137,997
1A81A57

" L’" - 2 r 8
» > i,x s a ,< ie 3 ,* 7 s

The foil details of cloringi ter the week covered by the
■hoes statement will be given neat Saturday, We cannot, of

course, furnish them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to be
in ail cases estimated, as we go to press Friday night.
Our usual detailed figure* for t h e p r e v io u s w e e k , c o v e r in g
the returns for the period ending with Saturday noon, Muroll

3, as well as the comparative totals in 1HS3 are given below.

The aggregate exchangee sh o w an in crea se o v e r t h e previous
■week of a little more than one hundred and sixty* three mil -

1,011 J M

—1 0 3
-4 2 0

—2frn

127.lr7S.82t

—22 2

107,272.243
10,468.700
P-S6 5,982
7.829,551
e ,7 7 i,m
3,201.31*0
3*033,600
1,1 €0,801
942.400
841,731
.I'ji.f'.iii
2*5.708
248*925
28*5.75«
380*000
157.299.500

—21*3
-2 7 * 3

17,710 M l
g .e rs .« »
1, (89JM 0
M I C ? 34
1.010.131
1,010,251
713.9**2
179,1:00

-m v

—34*4
- 3 0 '1
40*9
-12*1
—12*3

—m i

—16*0
—385*2
—32*0
—6*5
-36**2
-6 * 2
-2 4 * 7
—*^r4
—80 V
—24 ■»
- 4 6 '2
—49 8
46 6
-1 6 * 0
-* # * #
—1 2 7

'9®AS*,lS3

■—27*7

UUMUKM
7.467,520
7,9t0*#t7-

—85| o
—37*1

...............................

2 1 1 ,7 0 1 ,^ 7 1
« s a o , 'i o a . t * »

P . C ent.

105,030,740
i5.62J*,«tKl
2 .n » 8 « 6
W tU M
1 ,4 8 6 ^ 0 0
1,261,666
1,324,616
1 ,0 ^ ,8 9 6
615.850
€ 0 7 ,3 ii|
1M K S J8#

T erm s of A t!rertisfng—( P e r Inch space).
** }.. 1 8 0 0 f T w elve M onth# <52

Feb. 24.

B o s to n ................................. !
P ro v if ie n c e ......* ,
H a r t f o r d — ........................
N ew I l a t e n . . . ........ .
S p rim ttie itl ....................
W o r c e s t e r ............ ..........
P o r tla n d ....
.
•* - •
F a ll E l v e r . . . . ##**#•**«»***
L o w e ll......................... ..
N ew B e d f o r d .. — . . . . . . .
T o tal N ov E n g l a n d . . .

i s oent#.

it

1894.

*8,139.703} (—56*8!
(573,061) (—80*0)
i 2?,87«.»7S>
(-3 -0 } (34.402,775) (+103*8)

P b llw S a tp J n * .............. .........
P t U s b u r * . . . . «•*► .... * ...
B altim ore............... *•
B a E f a to ........... ...
W a s h i n g to n .........................
B oehes t e r . . . . . . . . . . . . . . . .

Chao t i m e . . ....................... ..
$ 3 5 0 t T h r e e M o n th # <13 tim e s } ..$ 2 5 0 0
O ne M o n th
<4 tim e s } .. 1 1 0 0 i S ix M o n th s
<26 "
43 00

1683.
P. tv « .
f
300,316,610
—41 9

N ew Y o r k . , . , . . * . . ........ . , 4d5,**J2,i6S
Sale* o f —
tS tw * » ................. , E j r « . ; I a , 057,2401
(S tra in . . . . . . . . . bushel*. 2 CM.8S5.S2SJ

S abscT lpiion# w ill b e c o n tin u e d u n til d e fin ite ly o r d e r e d s to p p e d .
T h e p u b lis h e rs c a n n o t b e m «pon»:lblo fo r re m itta n c e # u n le s s m a d e b y
d r a f ts o r by P o s t O ffice o r E x p r e s s m o n e y o rd e rs .
P ile c o v er# a r e so ld a t 5 0 c e n ts each* a n d to n e w s u b s c rib e r# f o r a
v e a r o ne file c o v e r i s s u p p lie d w ith o u t c h a r g e ; p o s ta g e o n th e s a m e is

T w o M o n th i

NO. 1498.

1
1

[E n tered , according to A ct of C ongress, in t i e y e a r 1894, by W a. B.

3.132*230
2^318.886
1. >3,3113
L ifiM M If
#88,79 ?{
499,74*
U 3 t2€7|
€€*995.€<tM

—38*0
—47-3
—WO:
—34*7
—47-0
—1*'3
—3$}'0
—16*1
+17
4 f^ »
-3 1 * 2
-15*1

—W o
a -‘S 3- 7 'J l
S U ia.S T t;
l .s r r .r w ..
3je68*lS#7!
1.245^73.
i
$455,000:
f ip o j i w
702.10*1

—329*0
—22*4
—fit)
4 3 '*
—3 3 4
—18*6

-m n

387.3*4,060

63.018,357
3,800,300
1,008,125
1,155.578
1,074.251
1,001,361
893,234
600,090
687,706
417,842
75,117,340

-2 4 * 7
—35*1
—0*3
+3*6
—7*9
—18*2
—13*2
—24*5
+8M
-6 * 6
—23*0

44,005,5311
10,010,108
10,617,973
5.111,253
1,283,056
1,031.122
747,313
660.015
268,200
555,559
74.604, 71&

—43*7
—25*8
-1 7 * 2
-3 3 * 0
—35*8
—28*1
5
—27*8
+18-T

67,863.807
10,743,200
3,637,184
4.601.012
8,704.775
2,300.000
1,405,587
o ra.T M
002,180
201,123
224,842
124.127
211,381
U 5 .J « 0
i"0,J7K

-2 5 * 6
—25*0
—50*2
—29*7
—30*4
—26*7

97,060,
9,3|bjH H I
802,199
1,17J, 890
441.6*5
567.782
771.780
510.699
a u .s s a
107,074
9i».f43
13,960,094
7.«68,*57
3,769,139
4.1*0.114*
2.801,770
2,02]i.3*3
1.004,460
1,<M*9,560
625„:i08
351,4 33
512,819
?Ot250
25,089,462
19,102,768
8.206,001

b .im 0 iM

1.804,876
1.053, i 7.8
1,883 .-ViO
1,408.026

614,336
618*101
OT.OIO.OW

—12*7
—18*3
—18*7
—# tr s
—i r o

821,626
1.2^8.792
681,362
410,363
6*84,164
267,625
067,700
170,457
— im E w s

T o t # ! e l l . ................... .

4 ^ 0 1 ^ 1 1 L.3*d,7u8.t55j

- 34*3

721.201,32*

O a .t i l d e N e w Y o r k . . .

418*288*174 "& t4391,k45| ~ 2 3 i $ '~ l^ W 7 7 .i5 8

1,#*58,791
1,019,1150
525,090:
66... t?«
316,300
449^6#

D ftllftR ... . . . . . . . . . . . . . . . . . .

s i.rts is i*

T o t « 1S o u t h e r n . . . . . . . .

bb% W i

4U *4
tH l

—48*1

-3 7 * 4

*14*1
—20*0
—1*7
—($0*7
—51*6
—27*7
-4 * 9
—21*9
—26*9
-2 2 * 9
-4 6 * 6
-2 1 * 5

—b u t

—2Tl»
—34*5
—€0*9
—7**5
—37*9
—30*1
-2 5 * 1
—48*3
—38*8
—34*9
—57*0
-1 0 * 2
—34*1
-5 3 * 5
—38*9
—6*8
+ 18*5

—‘M 'H
-3 5 * 2
-1 0 * 8
—29*1
—17*8
-3 4 * 8
—16*8
-0 * 6
—42*5
—27*0
—50*8
+ 20*9
—24*6
—32*3
—48*8
—20*4
—55*0
—40*7

Ron dollars, the low at New York being eight and a-quaru r
millions. Compared with the c o r r e sp o n d in g p eriod of i M!Ki
seven of the cities record gains, but in the total for th e whole

country there is a decline of 34 3 per cent. The most import
ant percentage* of decline this week have been at Spokane,
76-4 per cent; Nashville, 85*8 ; Chattnnooge, 90*5 ; Portland.

; Seattle, <>3'2: Milwaukee, 53 ; Tacoma, 40'5 ;
Sioux City, 47'ts, and Denver 47*8 oer cent.

W lrm lp e « .* ................... .
T o tal C a n a d a ...........

Oregon,

N o t i n c i u t , d in to t a l* .

9 ,» 3 ,5 7 5
* ,5MM'S,i*s2950.016
718,548
720*087
18,064,321

.

-2 2 * 2
-1 V S
—2J*2
-1 3 * 0
...

10,707,342

—20*5

11,746,795 j
6,92«.S37i
L2O7,0,*O,
826,0201

$,*87,036
4.500,289
1,034,273
578,822
780.021
14,661,020

-8 3 * 3
—20*8
412*1
—11*0
- S f l ’B

THE

408

C H R O N IC L E .

THE
S T * T £

M D

C IT Y

D £ f A f t T M t l 'I T .

S e e p a g e * 4 4 3 , 4 4 4 , 4 4 5 , 4 4 6 , 4 4 7 a n d 4 4 8 for our
State and [City Department.
A ll

advertisements with relation to State and City Bonds

■will likewise be found on the same and following pages.

A n e w e d it io n o i t h e

0 TATE AH® CITY SUmSWEUT,
revised to as near the day of publication as possible, will be
issued in the month of April.

TH E F IN A N C IA L SIT U A T IO N .
I t m a y b e p e rh a p s d iffic u lt to e x p la in c le a rly th e
s p u r t in W a ll S tr e e t th e p a s t w eek. T h e in d u s tria l
c o n d itio n s h a v e in n o im p o r ta n t p a r t i c u l a r c h a n g e d
fro m th o s e p r e v a ilin g o f la te . G e n e ra l b u sin e ss h as
b e e n o n t h e in c re a s e sin c e th e n e w y e a r op en ed ,
es p e c ia lly d u r in g th e la s t h a lf of F e b r u a r y ; a n d w ith
th e w in te r p a s t, t h e fa ll-so w n c ro p s lo o k in g w ell, a n d
a n ea rly s p r in g a s s u re d , a m u c h m o re h o p e fu l fe e lin g
h a s p re v a ile d . B e sid e s a ll t h a t , o u r r a ilro a d s a re
p r o v in g th e m s e lv e s to be in a f a r s tr o n g e r s ta te th a n
g e n e ra l o p in io n h a d a d m itte d . T h e y a re r e c u p e r a tin g
th r o u g h ec o n o m y , a n d a r e s h o w in g t h a t t h e y a re ab le
to r e tr e n c h — a n a b ility t h a t h a s la tte r ly b een g a in 
i n g w id e b e lie f. T h e im p o r ta n t f e a tu r e o f g o o d n e t
e a r n in g s h a s c o n tin u e d d o w n to la te s t d a te s , ev e n g ro w 
in g m o re c o n s p ic u o u sly fa v o ra b le d a y b y d a y ; w h ile th e
f a c t is b e c o m in g in c re a s in g ly e v id e n t t h a t sm a lle r
e x p e n se s n o w a re th e p r o d u c t o f le g itim a te a n d n o t
h a r m f u l ec o n o m ies, p r o p e r in tim e s o f d e p re ssio n
a n d p o ssib le b ecau se o f t h e la rg e e x p e n d itu r e s fro m
e a r n in g s d u r in g r e c e n t y e a rs in b r in g in g u p th e effi
c ie n c y of th e ro a d s. A tim e ly ill u s tr a ti o n is th e P e n n 
sy lv a n ia sy ste m , w ho se a n n u a l r e p o r t we a n a ly z e t h i s
w eek in a s u b s e q u e n t c o lu m n . T h a t is a ty p ic a l p r o p 
e r ty h o n e s tly a n d a b ly m a n a g e d , a n d is n o w a ffo rd in g
a m p le e v id e n c e of t h e w isd o m w h ic h h a s d ir e c te d its
p a s t e x p e n d itu r e s , a r m i n g i t w ith a l a t e n t p o w e r to
h e lp its e lf in a tim e o f n e e d .
T h e fo re g o in g a re f a m ilia r fa c ts to o u r re a d e rs , as th e
r e c ita l does n o t d iffe r m u c h fro m o u r su m m a rie s th e
p a s t th r e e w eeks.
B u t th e r e a r e also n e w e r d e v e lo p 
m e n ts . O f t h a t c h a r a c te r a re t h e re o rg a n iz a tio n s of
s u s p e n d e d c o n c e rn s , so m e o f w h ic h h a v e b ee n b eg u n ,
a n d o th e rs a re in p ro s p e c t.
W e m e n tio n e d th e R i c h 
m o n d T e r m in a l la s t w ee k — a n im m e n se p r o p e rty in
w h ic h a v a s t a m o u n t o f c a p ita l is ly in g d o r m a n t as i t
w ere, a n d d e p e n d in g u p o n w h ic h a re w id e asso ciated
in te r e s ts e x is tin g n o w in p o s s ib ility r a th e r th a n in
a c tu a lity . T h e b a n k e rs h a v in g t h a t p r o p e r ty in c h a rg e
h a v e ta k e n h o ld w ith a n ew g r ip , a re m e e tin g w ith good
su ccess, a n d b eliev e th e o u tc o m e of th e sc h e m e assu red .
T h e sa m e firm , M essrs. D re x e l, M o rg a n & C o ., h a v e
a n n o u n c e d th is w eek th e E r i e re o r g a n iz a tio n o p e r a 
tiv e , h a v in g re c e iv e d th e a s s e n t a n d d e p o s it of m o re
t h a n a m a jo r ity o f e a c h o f th e classe s o f b o n d s e m 
b ra c e d in th e p la n .
T h a t a c h ie v e m e n t b rin g s p ro m ise
o f a n ew life a n d n e w e n e rg y to a n o th e r im p o r t
a n t p r o p e r ty a n d to a n o th e r la rg e class of
in 
te re s ts . B e sid e s th e s e , t h e R e a d in g is m a k in g good
p ro g re s s in th e sa m e d ir e c tio n , a n d i t w o u ld n o t s u r 

[V ol . l v i h .

p rise u s to h e a r so o n of a s t a r t to p u t o t h e r d e 
f a u lte d ro a d s in to th e h a n d s o f th e i r s e c u r ity h o ld e rs .
N o w , su p p o se we a d d to t h e fo re g o in g th e n e w e s ta te
in to w h ic h th r o u g h th e p ro c e e d s o f t h e b o n d sa le th e
T re a s u ry a n d t h e c u r r e n c y o f th e U n ite d S ta te s h a v e
e n te re d . W e h a v e w ritte n u p o n t h e p o s itio n o f G ov
e r n m e n t fin a n c ia l a ffa irs o n a s e p a r a te p a g e . W h e n
F e b r u a r y o p e n e d t h e T r e a s u ry w as t h e w e a k e s t b e c a u s e
th e m o s t e x p o se d p o i n t in in d u s t r ia l a ffa irs t h r o u g h o u t
th e w h o le c o u n tr y ; w h e n F e b r u a r y c lo se d n o p o i n t w as
b e t te r g u a r d e d o r s tr o n g e r . T h e r e p ly n o d o u b t w ill
b e t h a t t h e d iffic u lty lie s n o t in g e t t i n g a s u r p lu s r e 
se rv e , b u t in k e e p in g it. T r u e e n o u g h . “ K e e p in g
i t , ” to o , is j u s t th e e s s e n tia l p o in t in w h ic h th e T r e a s 
u r y is p r o v in g its s t r e n g t h to -d a y . I t s s u r p lu s o f g o ld
a n d o f c u r r e n c y h a s sh o w n a n in c re a s e s in c e M a rc h
c a m e in in s te a d o f t h e d e c re a s e w h ic h w as g e n e r a lly
a n tic ip a te d .
T h a t s ta te , h o w e v e r, w e d o n o t a s su m e
c a n c o n tin u e u n le s s b u s in e s s s h o u ld im p ro v e r a p id ly .
W e e x p e c t lo ss, b u t i t lo o k s n o w as if th e lo ss w o u ld n o t b e
sp e e d y a n d t h a t t h e c a s h t h e S e c r e ta r y h a s g a t h e r e d
w o u ld la s t u n t i l r e t u r n i n g in d u s t r ia l a c tiv i ty a d d e d to
th e re v e n u e s.
P ro b a b ly th e s u g g e s tio n w ill be m a d e —
W h a t a b o u t g o ld e x p o r ts ? I t is to b e re m e m b e r e d t h a t
g o ld e x p o r ts c a n n o t ta k e a d o lla r f r o m th e G o v e r n m e n t
c a sh . T h e b a n k s m a y fo r t h e tim e b e in g d ra w b u lli o n
o u t of t h e T re a s u ry b u t th e y m u s t p u t a d o lla r o f c u r 
r e n c y b a c k f o r e v e ry d o lla r o f g o ld th e y d ra w .
E ven
t h a t e x c h a n g e w ill n o t b e m a d e to a n e m b a r ra s s in g e x 
t e n t , f o r th e b a n k s a re j u s t as m u c h i n te r e s te d as t h e
T re a s u ry is in k e e p in g u p t h e G o v e r n m e n t g o ld r e s e rv e ;
th e T r e a s u r y lik e w ise h a s t h e sa m e o r g r e a te r p o w e r to
sq u e ez e t h e b a n k s a n d a b s o rb th e i r g o ld l a t e r in t h e
se aso n t h a t th e b a n k s h a v e o v e r t h e T r e a s u r y n o w .
B u t i t is fo lly to d isc u ss t h a t m a tte r , f o r o u r C le a r in g
H o u s e in s t i t u t i o n s a n d t h e T r e a s u r y a re a t o n e in th is
m a t t e r a n d w ill a c t t o g e th e r a n d d o o n ly w h a t is b e s t
f o r t h e p u b lic g o o d .
T h e t r u t h a n d t h e w h o le t r u t h w ith r e g a r d to g o ld
e x p o rts is t h a t n o o n e w h o h a s a n a c q u a in ta n c e w ith
c u r r e n c y a f f a ir s in A m e r ic a fe e ls a n y f e a r f ro m g o ld
e x p o rts so lo n g as ig n o r a n t a n d v ic io u s le g is la tio n c a n
b e p r e v e n te d a t W a s h in g to n . W e a r e a g o ld p r o d u c e r ,
a n d if E u r o p e t h r o u g h la c k o f c o n fid e n c e sees fit to
w ith d r a w m o re o f its c a p ita l f ro m th e U n i t e d S ta te s i t
w ill m a k e o u r i n d u s t r i a l re c o v e ry slo w e r, b u t t h a t
m o v e m e n t c a n n o t a ffe c t o u r c u r r e n c y s ta b ility . A s o u r
law s n o w s ta n d th e G o v e r n m e n t c a n a n d w ill p r o t e c t
t h e c o n v e r tib ility of t h e d o lla r , e v e n th o u g h w e m a y
n o t a t o n c e o r f o r a fe w y e a rs b e a b le to c o n s tr u c t a
n ew c u r r e n c y sy ste m .
W ith re f e r e n c e to le g is la tio n ,
t h e p u b lic also fe e ls p e r f e c t s e c u r ity , b e c a u s e i t i s
s a tisfie d t h a t th e c o u n tr y h a s a P r e s id e n t w h o w ill n o t
a llo w a n y d e v ic e lik e th e S e ig n io ra g e b ill to b e c o m e a
la w . T h e p u r c h a s in g c la u s e o f t h e 18'JO s ilv e r s ta tu te
h a s b e e n r e p e a le d a f te r se v e re s u f fe rin g a n d n o a c tio n
t h a t w ill e n d a n g e r w h a t we th u s so d e a r ly p u r c h a s e d
a n d g a in e d w ill be p e r m itte d .
T h e flow of c u r r e n c y to th is c e n tr e c o n tin u e s , b u t in v e ry
m u c h s m a lle r v o lu m e , a n d t h e o u tflo w is la r g e r to o .
L a s t w e e k ’s b a n k s t a t e m e n t sh o w e d t h a t t h e b a n k s werec o n t in u in g , th o u g h i n a s m a lle r w ay , to a c c u m u la te b o th
c a s h a n d s u r p lu s . T h e sp e c ie w as d e c re a s e d $ 3 8 9 ,3 0 0 , b u t
le g a l te n d e r s w ere in c re a s e d $ 1 ,1 5 0 ,4 0 0 , m a k in g th e
g a in in c a s h $ 7 6 1 ,1 0 0 a n d t h e t o t a l a m o u n t re p o rte d
w as $ 2 0 8 ,7 1 4 ,2 0 0 . T h e d e p o s its fe ll off $ 1 ,0 0 1 ,2 0 0 a n d
th e s u r p lu s re s e rv e w a s in c re a s e d $ 1 ,0 1 1 ,4 0 0 , m a k in g
th is i t e m - $ 7 5 ,7 7 8 ,9 0 0 . M o n e y o n c a ll r e p r e s e n tin g
b a n k e r s ’ b a la n c e s h a s c o n t in u e d to lo a n a t £ of 1 p e r

J I arch 10, 18W.1

THE CHRONICLE.

cent and at 14, with the average about 1, at which
renewals have been made, while hanks and trust
companies quote 2 per cent as the minimum and some
obtain 3 per oent. Time contracts were in little better
demand daring the week, but the supply of money did
not seem to be affected, and the offerings continued
large from all sources, not only from the city but from
the interior. The increased inquiry was mainly due
to the more active trading in the stock market. Quo
tations are 2 per cent for thirty to sixty days, 2 | per
cent for ninety days and 3 per cent for four to seven
months. Commercial paper is in good demand, but
the supply of the best quality i3 limited and other than
first-class names do not sell freely. While business con
tinues so small, there is little necessity for making paper,
and the prospect of immediate enlargement of the
supply is not good. Quotations are 3 per cent for
sixty to ninety day endorsed bills receivable, 3i@4
percent for four months’ commission house names and
4 to 51 per cent for good single names having from
four to six months to run.
The price ox bar silver in London rose early in the
week from 2? pence on Saturday to 2?$ pence, but lat
er it fell to 27Ad. on, it is said, a report that $500,000
worth of the metal which was shipped to London by
Balmaceda daring the Chilian revolution was to be
sold; the price yesterday was 27 5-lCd. India Council
bills commanded a little better price at this week’s
sale, having been disposed of at 1 shilling 2 pence per
rupee. The Bank of England rate of discount remains
unchanged at 2 per cent. The cable reports sixty to
ninety day bank bills in London lf @ l | per c e n t: the
open market rate at Taris is 2 per cent, at Berlin it is
l i per cent and at Frankfort 1$ percent. According
to our special cable from London the Bank of England
gained £208,061 bullion during the week, and held at
the close of the week £30,328,585. Our correspondent
further advises us that the gain was the result of ship
ments to the interior of Great Britain of £176,000
and imports of £‘1*4,000, of which £389,000 were
bought in the open market, £18,000 wero imported
from Egypt, £20,000 from Brasil, £8,000 from Portu
gal and £6,000 from India.
Foreign exchange lias been dull and almost without
feature during the week, but the tone continues gener
ally firm. On Monday the market was strong, being in
fluenced by a light supply of commercial bills and by a
demand to remit for a part of the Speyerloan to the Bead
ing, held in London, which loan was paid off that day.
The effect of this inquiry was felt on the following day,
but on Wednesday the absence of demand made the
market a little easier and rates for actual business
were a fraction lower. On Thursday the current
demand from remitters caused tbo market to become
firmer, and it so dosed, with an inquiry for cable trans*
fers as the feature. Bankers were then unable to say
whether they would ship gold to-day or not, as much
depended upon the tone of the market for sterling. It
was reported early in the week that last Saturday’s
export had been stimulated by the Bank of France
allowing interest on the gold in transit, but it appears
that this course is customary with that institution, and
no new regulation has been made. Yesterday no gold
was withdrawn for shipment, so none will go forward
to-day, either to London or to the Continent. It wa3
found that the export could not be mado at a profitForeign exchange rates, however, remained very firm.
The following shows the daily changes in rates of
exchange by tbe principal drawers.

409
F rU
M o n .,
M a r. ‘2 . M a r. 5.

B ro w n B r o s . . . .

W e d .,
M a r. 7.
SS

f t

B7H-S
89-%

Sm

88
89«

l> M

SS
8^

1m

89>a

ft

n r

8?M
SO
88
SOM

&

s#*
88

: S* Usd
iSSSt f t
: tm

B a rin g ,
M a g o a n & Co.
:
5 80 d a y s ,
B a n k B r itis h
N o. A m e ric a .. i S ig h t....
5 80 d a y s . . 81H
B ank of
M o a t r e a L ...,. \ S i g h t . . . . . S i
C a n a d ia n B a n k ( 8 0 d a y s .
o f C o m m e rc e . 1 S ig h t....
n e i d e ib a c h .I c k - (8 0 d a y s . .
e ih e lm e r & C o f S ig h t .... . s o

: S*

L a zard F re re s~ .

T u e s* ,
M a r. 6.
88
S9*»

iffiSf9::

89M

8&U

m

SS

Sm

T h o r s .,
rru .
M a r , 8. M a r. 9 .
88
88
89^
SOM
88
S9M
88
88
6»W
SOM
88
88
80M
sm
S9
89M
88
88
89M
S9M

iw

Sm

i *

i?M

The market closed firm at 4 88 for sixty day and
4 S94 for sight. Bates for actual business were 4 874
to 4 S74 for long, 4 S&f to 4 89 for short, 4 89 to 4 89^
for cable transfers, 4 864 to 4 86f for prime and 4 S6 to
4 86| for documentary commercial bills. The steam
ship Gascogne brought 450,000 francs in Spanish gold
on Monday in transit to Cuba, and 1130,000 gold was
shipped to Havana on Wednesday.
Yesterday the
Trave brought 423,000 francs gold in transit.
In the general trade situation a feature of consider
able encouragement is the increase in tbe production of
pig iron which the monthly records of the trade journ
als show to b<ijn progress. Wo say this is an encour
aging feature, because it means employment for
numbers of idle men, and also because it means en
larged shipments over the railroads of coal, coke, ore,
and the other materials required in making the iron.
It is a favorable sign in another souse, for with prices
of iron and steel products at about the lowest figures
ever reached, and thus exceedingly unsatisfactory, the
starting-up of additional furnaces is evidence that those
best posted regarding the iron situation fool confident
of an early increase in the demand for iron. According
to the statement prepared by the “ Iron Age” of this
city, there wore 133 furnaces in blast March 1, with a
weekly capacity of 110,108 gross tons, a3 against
only 125 furnaces with a weekly capacity of
99,242 tons, on the 1st of February. Here
then we have an increase in production per
w eek of 10,924 tons, or at the rate of over half a million
tons per year. At 110,166 tons the weekly capacity ia
the largest shown in any monthly statement since the
1st of last July—that is, it is the largest since the panic
occurred. The highest total reached last year was on
May 1, when the weekly capacity wa3 181,551 tons.
From this there was a decrease to 153,762 ton3 July 1
and to 73,895 tons October 1, the latter having been
the minimum figure in the downward movement.
From this low total, therefore, there has been an in
crease of 36,271 tons per week, or at the rate
roughly of two million tons per year. Moreover, the
“ Age” states that since the opening of the month
additional furnaces have blown in, and furthermore
that it is well knownthatothere will follow suit. Appar
ently, however, only the largest and best equipped
plants find it possible to produce iron at existing prices.
This is clearly shown by a comparison of the number
of furnaces in operation. Thus while now there are
133 furnaces producing 110,166 tons per week, last
August, when the production was only 107,042 tons,
there were 169 furnaces in operation.
On another page we review the gross earnings of our
railroads for the month of February. For the month
of January the returns of net earnings which have come
in nearly all show a great saving in expenses in many
cases, bat not large enough to avoid leaving consider
able losses in net under tbe great falling off in gross
receipts. The Atchison reports a redaction in expen
ses as compared with January last year of $491,658, but
as the decrease iu gross was 8675,575, this still leaves a

THE

410

C H R O N IC L E .

loss o f $ 1 8 3,917 in n e t, th e fig u re s g iv e n in c lu d in g th e
r e s u lts fo r th e S t. L o u is & S a n F r a n c is c o ; fo r th e seven
m o n th s o f its fiscal y e a r sin c e th e 1 st o f J u l y th e
A tc h is o n h a s re d u c e d e x p e n se s in a m o u n t o f $ 2 ,4 7 8 ,706 ; th e loss in g ro ss in th e sa m e p e rio d w as $ 3 ,8 3 2 ,139, le a v in g a d e c re a s e in n e t o f $ 1 ,3 5 3 ,4 3 3 . T h e
D e n v e r & R io G ra n d e re p o r ts a loss in g ro ss fo r th e
m o n th o f $218 ,0 0 8 a n d a loss in n e t o f $ 1 1 9 ,4 4 1 ;
fo r th e sev en m o n th s sin c e J u l y 1 th is ro a d
h a s lo s t $ 1 ,8 0 3 ,7 4 5 in g ro ss a n d $ 1 ,0 1 5 ,2 6 1 in
n e t. T h e S o u th e r n P acific fo r J a n u a r y h a s offset a
d e c re a s e of $393,875 in g ro ss e a r n in g s to th e e x te n t of
$ 2 3 3 ,4 0 9 by a d e c re a s e in ex p e n se s, le a v in g th e loss in
n e t $ 1 6 0,466. T h e C e n tra l o f N e w J e r s e y h a s $1 6 9 ,670 d e c rease in g ro ss a n d $ 7 5 ,6 1 9 d e c re a s e in n e t; th e
K a n s a s C ity F o r t S c o tt & M e m p h is ( in c lu d in g th e K . C.
C lin . & S p rin g fie ld a n d th e C u r r e n t R iv e r) $7 5 ,9 0 4 d e 
cre ase in g ro ss, $ 2 8 ,0 0 4 d e c re a s e in n e t. A few of th e
ro a d s h a v e d o n e q u ite w ell. T h e M e x ic a n C e n tr a l h a s
a d d e d $82,555 to its g ro ss r e c e ip ts , $ 8 4 ,3 0 0 to its n e t,
t h e fig u re s b e in g g iv e n in M e x ic a n c u r r e n c y ; th e
M e x ic a n N a tio n a l, w ith $ 6 7 ,8 3 9 d e c re a s e i n g ro ss, h as
r e d u c e d e x p e n se s $ 7 0 ,5 7 8 , m a k in g a g a in o f $2,739 in
n e t ; t h e N e w Y o rk O n ta rio & W e s te rn , w ith $10,389
d e c rease in g ro ss, h a s $ 1 5 ,2 8 3 in c re a s e in n e t ; th e
M in n e a p o lis & S t. L o u is w ith $ 4 ,4 9 4 d e c re a se in g ro ss,
h a s $5 ,9 6 5 in c re a s e in n e t, w h ile th e O re g o n Im p ro v e 
m e n t h a s in c re a se d b o th g ro ss a n d n e t — th e f o rm e r $15,514, th e l a t t e r $11,6 4 5 . T h e I llin o is C e n tr a l fo r a la rg e
sy ste m h a s lo s t c o m p a ra tiv e ly l i t t l e , o n ly $6 0 ,5 5 8 in
g ro ss a n d $63 ,5 1 5 in n e t ; th e ro a d also sh o w s o n ly a
v e ry sm a ll loss in g ro ss fo r F e b r u a r y , as w ill a p p e a r by
o u r s ta te m e n t o n a n o th e r p a g e . T h e L o u is v ille N ew
A lb a n y & C h ic a g o r e p o r ts $ 2 9 ,6 8 7 d e c re a s e in g ross,
$ 2 ,2 2 4 d e c rease in n e t ; th e K a n s a s C ity M e m p h is &
B ir m in g h a m , w ith $ 3 ,1 7 8 in c re a s e in g ro ss, h a s $2,765
d e c re a s e in n e t.
T h e fo llo w in g s ta te m e n t, m a d e u p f ro m r e tu r n s col"
le c te d b y u s , show s t h e w e e k ’s r e c e ip ts a n d s h ip m e n ts
o f c u r r e n c y a n d g o ld b y th e N e w Y o r k b a n k s .
Received by Shipped by Net Interior
N. T. Banks. N. Y. Banks’ Movement.

Week Ending Mar. 9,1894.
f ie ld ________________________

$4,381,000 $3,506,000 Gain. $875,000
500,000
450,000 Gain.
50,000

--

T o tal gold and legal te n d e rs ___ $4,881,000 $3,956,000 Gain. $925,000

R e s u lt
e x p o rts .

w ith

S u b -T re a su ry

o p e ra tio n s

Week ending Mar. 9,1894.

Into
Banks.

B an k s’In te rio r m ovem ent, as above

$4,881,000
10,400,000

Out of
Banks.

and

g o ld

Net Change in
Bank Holdings.

$3,956,000 Gain. $925,000
13,250,000 Loss. 2,850,000

T otal gold an d le g a l te n d e rs ....... $15,281,000 $17,206,000 Lo88.$l,925.000

T h e fo llo w in g ta b le in d ic a te s t h e a m o u n t o f b u llio n
In t h e p r in c ip a l E u r o p e a n b a n k s .

Oold.
£
Knpland.........
F ran c e ...........
Germ any*—
A ust.-H u n p ’y
Bpaln............
N etherlands..
NaLBelplum*

March 8, 1894.
Silver.
Total.
£
£

30.328,585
68,608,969
34,254,750
10,273,000
7,918,000
4,287,000
3,161,333

50,659,957
11,418,250
16,221,000
7,311,000
7,022,000
1,575,067

30,328,585
119,268,926
45,673,000
26,494,000
15,229.000
11,309,000
4,727,000

Oold.
£

March 9,1893.
Silver.
lotal.
£
£

27,044.288
66,223,000
34,476,750
10,389,000
7,612,00(1
3,222,000
3,114,667

50,646.000
11,492,250
10,883,000
5,450,000
7,140,000
1,557,333

27,044,288
116,S69,000
45,969,000
27,272,0(0
13,002,000
10,302,001)
4,672,000

Tot. th is week 158,821.637 94,207.874 253,029,511 152,081,705 93,168,583 245.250,288
Tot. prey, w’k 158.558,784 04,300,368 252.859,152 152,184,448 93,242.583 845,427,031
’ T ile d iv isio n (b e tw e e n g o ld a n d silv e r) g iv e n in o u r ta b le o t coi
a n d b u llio n in th e B a n k e f G e rm a n y a n d th e B a n k o f B e lg iu m is m ad e
fro m th e b e s t e s tim a te w e a re a b le to o b t a i n ; in n e ith e r oase is i t
c la im e d to b e a c c u r a te , a s th o s e b a n k s m a k e no d is tin c tio n in th e ir
w e e k ly r e tu r n s , m e re ly r e p o rtin g th e t o ta l g o ld a n d s ilv e r, h u t we
b e lie v e th e d iv is io n w e m a k e is a clo se a p p ro x im a tio n .
NOTE.—We receive th e foregoing re su lts weekly by cable, a n d w hile
n o t a ll o f th e d a te given a t th e head of th e colum n, they arc the re
( u r n s issued n e a re st to th a t d a te —t h a t is, the la te s t reported figures.

THE T R E A SU R Y

[V ol . LV IU .

S IT U A T IO N IM P R O V IN G .

T h e T r e a s u ry D e p a r t m e n t a p p e a r s to h a v e s t r e n g t h 
e n e d its g o ld re se rv e r e c e n tly a n d to h e k e e p in g u p itsb a la n c e in s te a d o f lo s in g i t as w as p r e d ic te d . T hesea r e g r a ti f y in g a n d e n c o u r a g in g f e a tu r e s , a n d if th e y c a n
be c o n tin u e d th e y e n s u re a c o n d itio n o f g r e a t e r p ro m is e
t h a n e x p e c te d . T n e w ee k e n d i n g F e b r u a r y 2 4 th c o v e re d
th e p e rio d w h e n t h e d e p o s its a n d a d j u s tm e n ts w ith
r e f e r e n c e to t h e G o v e r n m e n t b o n d sa le w e re m o s tly
c o m p le te d . B y t h e d a ily r e p o r t p u b lis h e d o n t h a t d a y
th e T r e a s u r y c a s h h o ld in g s in s u b - tr e a s u rie s w ere
v e ry n e a r ly 1 6 4 m illio n d o lla r s , a n d t h e c a s h in c lu d in g
th e a m o u n t in d e p o s ita ry h a n k s , 179 m illio n s , w ith a
n e t g o ld b a la n c e o f 106 m illio n s . T h e r e w e re s e v e ra l
la rg e a c c o u n ts p a id im m e d ia te ly t h e r e a f t e r o n c la im s
r e p o r te d to h a v e f a ll e n d u e d u r in g p re v io u s w e e k s, t h e
p a y m e n t o f w h ic h h a d b e e n d e f e rr e d .
I n t h i s w ay o n
th e firs t o f M a rc h th e c a s h in s u b - tr e a s u r ie s a n d b a n k s
h a d b e e n re d u c e d to 1 7 5 J m illio n s , th o u g h th e n e t g o ld
h a d b e e n r a is e d to 1061) m illio n s . S in c e t h e firs t o f
th e m o n th a ll th e s e ite m s h a v e b e e n o n t h e in c re a s e .
T h e r e p o r t p u b lis h e d y e s te r d a y g a v e t h e n e t g o ld a t
1 0 7 ^ m illio n s , t h e c a sh i n s u b - tr e a s u rie s a t 1 6 1 ^ m ill
io n s, a n d t h e to ta l h o ld in g s , in c lu d in g t h e a m o u n t i n
b a n k d e p o s ita rie s , a t 177 m illio n s .
T hese ch a n g es
r e s to re t h e c a s h to w ith in 2 m illio n d o lla r s o f thea m o u n t r e p o r te d F e b r u a r y 2 4 w ith t h e e x c e p tio n o f then e t g o ld , w h ic h is la r g e r n o w t h a n i t h a s b e e n a n y t i m e
sin c e t h e b o n d sa le a n d 1 | m illio n d o lla rs l a r g e r t h a n
o n th e la s t d a te m e n tio n e d .
T h e r e is n o p a r t i c u l a r s ig n ific a n c e in t h e f o re g o in g
fa c ts e x c e p t a s a n in d ic a tio n t h a t t h e G o v e r n m e n t r e v 
e n u e s a re a t t h e m o m e n t in ex c ess o f th e G o v e r n m e n t
d is b u r s e m e n ts a n d t h a t c o n s e q u e n tly t h e T r e a s u r y
c a s h h a s in c re a s e d . T h is is w o r th s h o w in g b e c a u s e t h e
g e n e ra l s u p p o s itio n w as t h a t t h e r e w o u ld b e a s te a d y
d e c lin e i n t h e b a la n c e f ro m t h e s ta r t . A ll w e c a n sa y
is t h a t t h i s u n f a v o r a b le a n t i c i p a t i o n h a s n o t b e e n f u l 
fille d . T h e firs t o f A p r il a n i n t e r e s t p a y m e n t fa lls d u e
o n t h e 4 p e r c e n ts ; t h a t w ill c a ll f o r a b o u t 5 £ m illio n
d o lla rs . I n o ld e n tim e s i t w as t h e c u s to m to a c c u m u 
la te a s u r p lu s d u r in g M a rc h s u ffic ie n t to m e e t thiE
e x t r a o u t-g o . I t w o u ld b e a r e m a r k a b le c irc u m s ta n c e
u n d e r p r e s e n t i n d u s t r i a l c o n d itio n s i f t h e re v e n u e t h i s
y e a r p ro v e d su ffic ie n t to s e c u re t h a t r e s u l t ; o f c o u rse
t h a t is n o t a n t ic ip a te d . T h e g o ld e x p o r ts n o w in p r o g 
re ss w ill h a v e n o e ffe c t in d im i n is h in g th e b a l a n c e ;
th e y w ill b e a ta x o n t h e g o ld re s e rv e , b u t o n ly to t h e e x 
t e n t t h a t t h e b a n k s b y p a y in g t h e e x p o r te r s ’ c h e c k s in
le g a l te n d e r s th r o w th e b u r d e n o f p r o v id in g f o r th e
s h ip m e n ts u p o n th e T re a s u ry . M o re o v e r, if c o n c u r re n tly
G o v e r n m e n t re v e n u e s in c re a s e , t h e p o w e r o f g o ld
e x p o r ts to w e a k e n th e T r e a s u r y s it u a ti o n w o u ld h e
m a te r ia lly r e s tr ic te d . S o m e o f o u r L o n d o n f r ie n d s
a p p e a r to t h i n k t h a t c u r r e n c y s t a b i l i t y w ill n e c e s s a r ily
be e n d a n g e r e d i n t h e e v e n t o f a n o u tflo w o f t h a t
m e ta l t h i s s p r in g . T h a t is a m is ta k e n id e a . S u c h a
m o v e m e n t w ill n o d o u b t m a k e t h e r e t u r n o f c o n fid e n c e
a n d b u s in e s s r e c u p e r a tio n slo w e r. B u t t h e c u rre n c y
p a n ic w as a n e v e n t w h ic h g re w o u t o f c o n d itio n s t h a t
a re p a s t a n d c a n n o t r e c u r w i th o u t n e w le g is la tio n of a
d is t u r b in g n a t u r e .
I t w ill b e in te r e s ti n g to n o te t h e c h a n g e in th e
T r e a s u r y s it u a ti o n w h ic h t h e b o n d sa le h a s in tr o d u c e d .
N e a rly se v en m o n th s h a v e e la p s e d sin c e t h e n e t g o ld
h o ld in g s g o t b elo w t h e 1 0 0 -m illio n fig u re- I n th e r e p o r t
p u b lis h e d A u g u s t 19, 18 9 3 , t h a t i t e m w as g iv e n a t n e t
$ 1 0 0 ,0 7 9 ,4 8 3 , h u t' th e n e x t d a y i t w as r e p o r te d a t

March 10, 1894.]

THE CHROJN1CLE.

499,889,091. That was not the first time gold fell
below the 100 -million limit but the last time it touched
that figure prior to the bond sale. The first drop below
100 millions appeared in the daily statement of April 25
when the net gold was reported at 495,432,35?; on the
previous day, April 24, it had been reported at 4100,?34,131. After August 19 there was no recovery; on
the contrary there was a steady decline, the total get
ting down to 489,926,693 on October 7th, to 480,891,600 on December 30th, and to 468,971,622 on January
20th. The condition of the Treasury at the opening of
business on the first of each month beginning with
December 1 has been as given below, stated in our
usual form.

411

time since pension payments were also, and for a
similar reason, a source of irregularity in the rates for
money, the payments being quarterly; but now they
are made as nearly as practicable in equal monthly
instalments.
TH E

P E N H S T L V A N IA I N A Y E A R OF
D E P R E SSIO N .
In good years and bad years alike the Pennsylvania
Bailroad gives evidence of the magnitude of its oper
ations and the strength of its position. The year 1893
was a remarkable one in more respects than one. A t
the very outset the Pennsylvania in common with other
roads had to contend with a winter of exceptional and
D e t . l . - 93. J a n . 1, ’94. F ib . 1, * 4 . M ch . 1, -94
extraordinary
severity. The effect may be judged f ro m
Htidinm in S u b -T tea m ria I
I
I
!
S et s o ld c o in » d b u ll io n ............. S2.9S9.M *
SO.SSt.OOO «5,#50,175 106,537,069
the
fact
that
taking
merely the lines directly operated
S e t M it tt c o in a n d b u ll io n .......... < i.a» .2 « 9
! » » l
7,580,012
7,854.75?
1.194,884
2.315,506
11.962,418 east and west of Pittsburg, there was a loss in net earn
N e t v . S. T»ea*B T j not® *---------l i s t local t e n d e r o o te e ....................... 2.297.S44
5,094.302 2,367,190
5 ,2 « ,4 8 8
ings in the first three months of the year of as muoh
N e t n a t i o n a l b a n k n o t e * ................... 12,808,54?
12.3S7.8SS U j S m j m
12.64Ci.4-8
11,639,497 15,932.847
ld .5 9 4 .8 8 a as 41,839,822.
N e t t r a e t l o a a l i U T t r .......................... 11,118,709
Hardly had the road made good these
T o t a l eaah in s a b - t r e * * ’*, n e t . 118,370,H i r i 7. 113 .M 2
uoM pm
losses
when
the
panic came and overwhelmed all busi
A m o u n t In B A tlo a a l b a n l ts ............ 15.799,334
15,301,045
15.390.39rt
lt.9 S 6 .4 6 9
ness interests. This ha3 been followed by a period of
C « a k I n b*c*a a n d * a b -tl* a * -1 3 4 ,169.475 132.3M .art7 123,763.013 175.771.553
O eduei
U a b tlm e a * a c t .. .'ei.arty .sss
4l.9ert,SS2
39,680,911
37,100.194 great depression in trade and industry.
The depression
A c t u a l c a s t B a la n c e ............. 9 i.l9 v .6 1 7
90,375,544
SI.OrtSiOBS 1 3 8 ,6 « i5 « 5
has been especially pronounced in the iron and steel
* C tu e flr - d f e b a r a in * ir f S e e n ' b a la n c e * ."
trades, and thus the Pennsylvania lias felt it most
The foregoing comparison indicates a radical chan go keenly, for its lines run through and grid-iron the very
since the first of February. No revival of business heart of the iron producing sections. The losses in the
because no restoration of confidence was possible as classes of traffic derived from that source—coal, coke,
matters stood a month ago. That bar to progress haa ore, iron, Ac.—must have been perfectly enormous.
been removed. Add to the foregoing that business
Yet, now that wo have the annual report and the re
is now increasing.
Whether it has increased or sults for the twelve months, it is seen that notwith
will increase sufficiently fast to cause any speedy standing these adverse conditions the road has come
expansion in the Government revenue we do not through tho year iu good shape, aud is able to make a
undertake to say. All we can affirm is that very encouraging exhibit. Iu fact tho impression
for the first
week
of March
the
facte which these influences have loft upon income must,
above set out show the Treasury balance has all things considered, be regarded 83 surprisingly small.
increased and that the Treasury position has conse With the new road acquired during 1893, to which we
quently strengthened. If wo compare February 1 with shall presently allude, the Pennsylvania system com
the daily report under date of March 8, we find that the prises about 8,800 miles, represented by 140 corpora
net gold is nearly 42 million dollars larger, the cash in tions, and the aggregate capital in shares and bonds
sub-treasuries 53 million* more, and cash including of this mileage is roughly 4815,000,000—from which
amount held by depositary banks 531 millions more. we get an idea at once of the size and magnitude of
In other words, although the Secretary made some the Pennsylvania system, and tho extent of the invest
very large disbursements immediately following the ment interests connected with and dependent upon it.
bond sale, and although his disbursements prior to Mach of this mileage is separately operated, and the
February 1 were daily running in excess of his receipts, accounts of the Pennsylvania embrace only the in
be haa on hand to-day very nearly all he realized from come and finances of the lines directly operated, the
that transaction.
results for the remaining mileage appearing as divi
It seems that one small amount of bonds allotted was dends upon tho stock and bonds held by the company.
not taken, but was subsequently placed. With that One general statement, however, is given to show the
exception aii the deposits but about eight hundred gross and net earnings of the whole system—all except
thousand dollars were completed before the first of the newly acquired mileage, the purchase of which was
March, and yet the delivery of the bonds does not concluded until the close of the year. These totals
not appear to have been finished at that time. for 1893 when contrasted with the totals for the years
The debt statement issued February 28 reports preceding, a3 is done in the following, become very in
the new fives then outstanding at only 440,831,150. teresting and instructive.
This means simply that the deposit certificates had not
ALL LINES OWNED OB CONTROLLED KANT AND WEST OF PITTSBURG.
come in except to that amount. The bonds had been B n U r t S *».[ m 3
1892.
1891,
1*90. J
lf»9.
isas.
paid for and were drawing interest, the Treasury hav te m ttfllo a iii)
$
*
ing the cash. As the new fives are dated the first of
»
t
* 1 *
G ro w B at' s 183.060.788 139,1.33.680
133,521,623 132.917,337 118.509,293
February, the interest days, which are quarterly, differ e x p e n s e * .. 96.491350 m * s s , 7 m 18I.S54.61*
»1^W ,980 92.0033851 83,811,12h 80,737,3*5
from any of the other Government issues. That i3 not
S e t ....... W j m j m 40.6*0.87? 4$,4$4,9&2 41,518.258* 39.108.20* 35,771.957
a fact of great importance with so small an amount
Here we see that on the whole system there was a
o u ts ta n d in g . I t is th o u g h s ig n ific a n t o f th e system loss roughly of four million dollars in gross earnings
more recently practiced of distributing all Treasury and of one million dollars in net earnings. For an
d isb u rse m e n ts th r o u g h th e y e a r in e q u a l m o n th ly p a rts , ordinary company this would be a heavy falling off,
for large periodic payments correspondingly large and yet in thi3 case we are dealing with totals of such
accumulations of cash in the Treasury have to be magnitude—tho aggregate of the gross even after the
made. The accumulations for interest used to be quite decrease being over 135 million dollars and the
* disturbing factor in the money market. O n ly a short aggregate of the net over 39£ million dollars—that in

412

THE

C H R O N IC L E .

r a t i o t h e f a llin g off is less t h a n 3 p e r c e n t in b o th g ross
a n d n e t. N o te also o n e o th e r f a c t.
T h o u g h g ro ss in
1893 fe ll off 4 m illio n d o lla rs, th is fo llo w s a g a in in
1 8 9 2 o f 4£ m illio n d o lla rs. I n o th e r w o rd s, w ith all
t h e d e p re s s io n , t h e c o m p a n y d id n o t lo se q u ite as m u c h
a s i t h a d g a in e d in th e y e a r p r e c e d in g , a n d th e 1893
g r o s s s ta n d s a s th e h ig h e s t i n t h e c o m p a n y ’s h is to r y w ith
t h e sin g le e x c e p tio n o f t h a t f o r 1892 ; m o re o v e r th e
1892 in c re a s e h a d b e e n s im p ly th e c u lm in a tio n of a
lo n g se rie s o f in c re a se s, a n d if we g o b a c k n o f u r th e r
t h a n 1889 w e fin d t h a t as a g a in s t 135 m illio n d o lla rs
f o r 1893 ( a f te r th e r e d u c tio n o f f o n r m illio n d o lla rs
f r o m 1892) th e to ta l th e n w as o v e r 12 m illio n d o lla rs
lees, o r o n ly 8 1 2 2 ,9 1 7 ,3 3 7 , w h ile in 1888 t h e a g g e g a te
w as b u t 8 1 1 0 ,5 0 9 ,2 9 2 . I n b r ie f , a f te r m o s t d e c id e d
a n d u n in te r r u p te d p ro g re s s f o r m a n y y e a rs , t h e loss in
1893 h a s b e e n less t h a n t h e la te s t p re v io u s y e a r ’s a d d i
tio n , a n d t h e to ta l s ta n d s 12 m illio n d o lla rs la r g e r th a n
t h a t f o r 1889 a n d 1 8 | m illio n d o lla rs la rg e r t h a n t h a t
f o r 1888.
I n t h e n e t th e c o m p a ris o n is n o t q u ite so go o d , sin c e
o w in g to t h e g r e a t in c re a se in e x p e n se s w h ic h h a d o c 
c u r r e d in 1892 th e n e t f o r t h a t y e a r h a d sh o w n a d e 
c re a s e n o tw ith s ta n d i n g t h e la rg e g a in in g ro ss, a n d th e
p r e s e n t d e c re a s e is th e r e f o r e a d d itio n a l to t h a t d e 
cre a se . N e v e rth e le s s t h e s h o w in g is b e t t e r t h a n h a d
b e e n e x p e c te d in v iew o f t h e lo ss in t h e g ro ss, fo r, as
w e see, t h e n o r m a l s ta te is o n e o f g r o w th , a n d w ith
t h i n g s g a n g e d to s u c h a b a sis i t is n o easy ta s k to
m a k e a c h a n g e to a n e w c o n d itio n . I n t h e l a t t e r p a r t
o f th e y e a r, h o w e v e r, t h e m a n a g e m e n t a d o p te d a m o st
r i g i d sy ste m of e c o n o m y , a n d t h i s e n a b le d i t so la rg e ly
t o o v e rc o m e t h e f a llin g off in g ro ss re c e ip ts .
D o u b tle s s a f u r t h e r c o n s id e ra b le f a llin g off in gross
e a r n in g s t h e c u r r e n t y e a r m u s t b e lo o k e d fo rw a rd to —
u n le s s in d e e d t h e b u s in e s s s it u a ti o n s h o u ld c h a n g e d e 
c id e d ly . T h is ra ise s th e q u e s tio n h o w f a r th e m a n a g e 
m e n t c a n c a r ry t h e i r p o lic y o f r e tr e n c h m e n t w ith o u t
d e t r i m e n t to t h e p r o p e r ty . T h e ab o v e ta b le is u se fu l
i n f u r n is h in g a n a n s w e r to t h e q u e ry . N o tw ith s ta n d 
i n g th e r e d u c tio n o f n e a r ly th r e e m illio n d o lla rs in th e
e x p e n s e s as c o m p a re d w ith 1 8 9 2 , t h e r a tio of expenses
t o e a rn in g s fo r 1893 s ta n d s a t 70-70 p e r c e n t. T h e
s ta tis t ic i a n of th e I n t e r - S ta te C o m m e rc e C o m m issio n ,
i n h is r e p o r t j u s t iss u e d f o r t h e y e a r e n d in g J u n e 30,
1 8 9 2 , m a k e s t h e r a tio o f ex p e n se s to e a r n in g s fo r th e
w h o le r a ilro a d sy ste m o f t h e U n i t e d S ta te s 66-67 p e r
c e n t. T h u s th e P e n n s y lv a n ia ’s r a ti o is m u c h h ig h e r
t h a n t h e g e n e ra l a v e ra g e . A n o th e r w ay of a r 
r i v i n g a t a c o n c lu s io n a s r e g a rd s t h e p o ssib ility
o f loAver
e x p e n se s
is
to
c o m p a re
th e
1893
r a t i o w ith t h a t
o f so m e of t h e e a rlie r years.
S u p p o s e w e c o m p a re
w ith 1887.
I n th a t year
g ro s s w as 8 1 1 5 ,5 1 5 ,5 0 6 , n e t 8 3 8 ,2 7 7 ,4 2 4 , so t h a t th e
r a ti o of ex p e n se s t h e n w as o n ly 66-86 p e r c e n t, as
a g a in s t 70-70 p e r c e n t f o r 1893. U n d e r th e eco n o m ies
b e i n g e n fo rc e d , i t w o u ld n o t b e v e ry s tr a n g e i f th e ra tio
s h o u ld a g a in a p p ro a c h th e f o rm e r fig u re , f o r th e c o m 
p a n y , as we k n o w , m a d e v e ry lib e ra l o u tla y s o n ex p e n se
a c c o u n t d u r in g t h e y e a rs of p r o s p e r ity . T h e id e a of
c o u rse w as to ra is e t h e s ta n d a r d a n d efficien cy of th e
p r o p e r ty , so as to be a b le to m e e t t h e s te a d y re d u c tio n
i n t h e c o m p e n s a tio n re c e iv e d f o r tr a n s p o r ta tio n w ork
b y a re d u c tio n i n th e c o st of r e n d e r in g th e service.
S o m e e x tr a o u tla y s o n e x p e n se a c c o u n t w ere also m ade
i n p r e p a r a tio n f o r th e tra ffic e x p e c te d f ro m th e W o rld ’s
F a i r . T h e r e is n o n e e d o r o c c a sio n f o r s u c h o u tla y s
n o w , a n d h e n c e i t w ill b e p o ssib le to re d u c e th e r a tio
« f e x p e n se s a n d y e t m a in ta in t h e p r o p e r ty in a f u ll

[VOL. LVI1J,

s ta te o f efficien cy a n d w ith o u t im p a ir m e n t o f t h e e x is t
in g h ig h s ta n d a r d . O n th e b a sis o f th e la te y e a r ’s e a r n 
in g s , a r e d u c tio n o f 4 p e r c e n t in t h e r a ti o o f e x p e n se s
to e a r n in g s w o u ld m e a n a s a v in g o f o v e r five m illio n
d o lla rs. T h e in f e r e n c e th e r e f o r e is t h a t lo sses in g ro ss
re c e ip ts , if c o n tin u e d , c a n be m e t b y v e ry c o n s id e ra b le
r e d u c tio n s in e x p e n se s, w h ic h is o f c o u rs e a f e a tu r e o f
g r e a t e n c o u r a g e m e n t.
B u t w h a t w as t h e r e la tio n o f iu c o m e to c h a r g e s a n d
d iv id e n d s i n th e la te y e a r — a y e a r o f d e p re s s io n . T h e
c o m p a n y ’s in c o m e s ta te m e n t, a s a lre a d y s a id , e m b ra c e s
th e lin e s d ir e c tly o p e r a te d e a s t o f P i t t s b u r g , w ith t h e
r e t u r n re c e iv e d o n t h e in v e s tm e n ts in o t h e r p a r ts o f
th e sy ste m . T h e d iv id e n d s p a i d d u r i n g t h e y e a r
a m o u n te d to 5 p e r c e n t in c a s h a n d to 2 p e r c e n t in
s to c k , th e l a t t e r b e in g p a id o u t of a c c u m u la te d s u r p lu s .
W e fin d t h a t e a rn iD g s f o r 1893 w e re su ffic ie n t to m e e t
th e a m o u n t o f t h e c a s h d iv id e n d a n d to p ro v id e f o r
e x tr a o r d in a r y e x p e n d itu r e s o f 8 2 ,1 6 3 ,2 1 0 in c u r r e d in
s tr a i g h te n i n g lin e s , im p r o v in g g ra d e s , e t c ., ( t h i s b e in g
a p a r t fro m t h e o r d in a r y e x p e n d itu r e s ,) a n d y e t le a v e a
s u r p lu s o n t h e o p e r a tio n s o f t h e tw e lv e m o n th s of
n e a rly a m illio n d o lla rs. I n e x a c t fig u re s t h e s u r p l u s
is 8 9 1 1 ,1 0 8 . T h e c o m p a n y also re c e iv e d d u r i n g t h e
y e a r i n s e ttle m e n t o f s u n d r y a c c o u n ts t h e s u m o f
8 1 ,6 4 0 ,6 7 3 , a n d if w e a d d t h i s to th e 8 9 1 1 ,1 0 8 s u r p lu s ,,
ev e n th e 2 p e r c e n t s to c k d iv id e n d is f u lly c o v e re d . I n
o th e r w o rd s , o u t o f th e y e a r ’s in c o m e i t w as p o ssib le to
p ro v id e n o t o n ly f o r th e 5 p e r c e n t c a s h d iv id e n d , b u t
th e 2 p e r c e n t s to c k d iv id e n d as w ell, a n d t h i s a f t e r
a llo w in g f o r e x tr a o r d in a r y e x p e n d itu r e s o f o v e r tw o
m illio n d o lla rs , le a v in g t h e a c c u m u la te d s u r p lu s to t h e
c r e d it of p r o fit a n d lo ss s lig h tly la r g e r a t t h e e n d o f
1893 t h a n a t t h e e n d o f 1892, t h e t o ta l n o w b e i n g
8 2 6 ,4 7 8 ,1 5 2 .
T h is i3 c e r ta in ly a g r a ti f y in g s h o w in g f o r a y e a r o f
d e p re s s io n , t h e m o re so a s th e r e w as a f u r t h e r d e c l i n e
in t h e f r e ig h t r a t e re c e iv e d , t h i s b e in g o n ly 6 -14 m ills
p e r to n p e r m ile o n th e lin e s e a s t o f P i t t s b u r g a n d E r i e
fo r 1893, a g a in s t 6-26 m ills f o r 1 8 9 2 , m a k in g i t t h e
lo w est w ith o u t e x c e p tio n in t h e e n t i r e h is t o r y o f t h e
c o m p a n y . T h e r e p o r t w e ll sa y s t h a t s u c h s a tis f a c to r y
re s u lts w ere r e n d e r e d p o ssib le o n ly b y t h e c o n s e r v a tiv e
p o lic y t h a t h a s b e e n p u r s u e d in t h e m a n a g e m e n t o f t h e
p ro p e rtie s a n d b y t h e lib e r a l e x p e n d itu r e s i n re n e w a ls
a n d im p ro v e m e n ts , w h ic h p e r m i ts a r i g id s y ste m of
e c o n o m y to b e e n fo rc e d in tim e s o f g r e a t c o m m e rc ia l
d e p re ssio n , a n d f u r th e r m o r e t h a t i t c a n o n ly b e b y a c o n 
t in u e d a d h e r e n c e to th is p o lic y t h a t th e p r o p e r tie s o f
th e s y s te m c a n b e p re s e rv e d in s tr o n g a n d e ffic ie n t c o n 
d itio n , so t h a t t h e d u tie s o f t h e c o m p a n y to t h e p u b lic
c a n b e p r o p e r ly d is f f ia r g e d , a n d a t t h e sa m e tim e s u i t 
a b le r e t u r n s b e m a d e to th e s h a re h o ld e r s . Ic d e s e rv e s to
b e n o te d t h a t o n th e lin e s e a s t o f P i t t s b u r g a n d E riew h ic h a r e d ir e c tly o p e r a te d t h e r a ti o o f e x p e n se s to
e a r n in g s d id n o t d iffe r m a te r ia lly f r o m t h a t f o r a ll t h e
lin e s o w n e d a n d c o n tro lle d b o th e a s t a n d w e st, b e in g
70-80 p e r c e n t. I f , f u r t h e r , we s h o u ld a d d t h e 8 2 ,1 6 3 ,2 1 0 s p e n t f o r e x tr a o r d in a r y re n e w a ls a n d i m p r o v e 
m e n ts d u r i n g 1 8 9 3 , t h e r a ti o w o u ld b e as m u c h as 73-35
p e r c e n t, w h ic h o f c o u rse e m p h a s iz e s w h a t h a s a lre a d y
b e e n s a id r e g a r d in g th e p o s s ib ility o f r e d u c in g e x p e n se s
fo r a tim e w ith o u t a llo w in g t h e p r o p e r ty to r u n d o w n .
T h e y e a r ly c a p ita l r e q u ir e m e n ts of s u c h a s y s te m a s
th e P e n n s y lv a n ia a re o f c o u rse v e ry la rg e d u r in g p e rio d s
o f p r o s p e r ity a n d ■a c tiv e b u sin e ss.
I n r e v ie w in g th e
r e s u lts for-4.892, tw e lv e m o n th s a g o , w e n o te d t h a t th e
o u tla y s d u r i n g t h a t y e a r h a d b e e n n e a r ly 17 m illio n
d o lla r s — n a m e ly '8 9 ,9 6 9 ,4 8 0 o n th e lin e s e a s t o f P i t t s -

Maech 10, 1884, J

THE CHRONICLE.

418

burg and Erie aud #7,001,910 on the lines west of
R A IL R O A D GROSS E A R N IN G S FOR
Pittsburg and Erie—and this was independent of the
FEBRUARY.
new car-trust obligations issued. In the late year the
expenditures for construction and equipment on the
The February exhibit of railroad gross earnings is ot
line3 east of Pittsburg reached $9,664,331 and the ex the same character as the exhibits for the months im
penditures on the lines west of Pittsburg 14,523,04s, or mediately preceding—that is, decidedly unfavorable.
about 144 million dollars together. No new car trusts But in this the showing simply reflects the greatly dis
were issued during 1893, and the gross amount turbed aud contracted state of trade and business. In
of the certificates is reported the same as at the end of the past the changes in earnings (apart from the n at
1892, while the net amount (all lines) has been re ural growth incident to the development of the coun
duced 11,800,000. The company issued #2,496,550 of try) have been very closely connected with the agricul
new stock daring the year (for the stock dividend) and tural situation and the movements of the crops; and i t
increased its bonded debt in the net amount of $4,978,- has been the custom to study these movements very
913, On the western lines, to provide funds for the closely on that account. But the experience of.
new capital expenditures and also for the purchase of recent months has demonstrated that the volumethe new lines acquired, the Pennsylvania Company sold of the merchandise aud general industrial tonnage
$7,000,000 of the consolidated 44 per cent bonds of the is of vastly more importance to the carrying interest
Pittsburg Cincinnati Chicago & St. Louis held in its than the crop situation and the movements of
treasury.
the products of the soil. Thus it is that the
The now mileage added to the system in 1893 was present great depression in trade is having such a
larger than for many previous years. The company marked effect upon the earnings of onr roads, and th is
purchased a large portion of the capital stock of the must continue to be the situation so long as confidence
Terre Haute & Indianapolis, giving it control of the remains disturbed and trade conditions do not improve.
line to St. Louis. This carries with it also the control
It had been hoped that February would yield better
o f the Terre Haute & Logansport and the Terre Haute comparisons with last year than other recent months.
& Peoria. The Pennsylvania likewise acquired the Bat our statement shows a falling off of $4,054,303,
ownership of a majority of the stock of the Toledo or 12-54 per cent, this comprising 123 roads operating
Peoria & Western, connecting the Pittsburg Cincinnati 95,945 miles. In January tho decrease wa3 $4,819,853,
Chicago & St. Louis with the Burlington & Qaincy and or 12-25 per cent; in December, 86,474,331, or 13-83Other Western lines. The statement is made that per cent. The returns of the separate roads aro
negotiations are pending with the Qaincy " for such more generally unfavorable than in any other month.
joint ownership and management of this property as Out of the whole 123 roads included in onr
will be to the mutual interest of both companies, and table, 105 contribute to the falling off, 18
enable them to take advantage of its important geo roads, large and small, comprising ail that are
graphical position. ” The Cleveland & Marietta is an able to show an increase, and these mostly in
other line which was acquired during the year, and the insignificant amounts. We think there has been no
expectation is that through it the Pennsylvania will get other month when the proportion of roads showing an
a firmer hold on the coal traffic destined to Toledo and increase was so small. To be sure, the weather condi
the State of Michigan. The aggregate of these acqui-1 tions wore les3 favorable than in the previous m onth,
siticns is 965 miles. They were considered necessary | there having been a short period when roads in differ-*
to the protection of the interests of the western lines of ent parts of the country had their traffic movements in
the Pennsylvania, and the report says it was deemed terrupted by snow storms. But we are comparing
more advisable to secure their control by direct pur-! with a month last year when the weather conditions
chase than through lease. Their operations, as already J were extremely adverse, and as between these two years
stated, are not included in the results for 1893.
the advantage was very decidedly in favor of the pres
With regard to the current liabilities, the Pennsylvania I ent year. So bail indeed was the weather in 1893 that
operates and controls so maDy roads, and its business is our statement then actually recorded a decrease in tho
of such vast magnitude, that the totals of the current aggregate, though the falling off at that time followed
obligations are necessarily at all times large. Thus the also in part from the fact that February 1893 had one
balances due on traffic account and other than traffic less day than February 1892, the latter year having been
aggregated December 31, 1893, $16,319,801, this being a leap year. It is this decrease last year which gives
$2,133,191 more than at the close of the previous year, j especial significance to tho further decrease the
Pay-rolls and vouchers aggregated $1,828,006, being) present year, and in such largo amount too.
But it was not alone the trade situation that
$1,879,203 less than in , the previous year, and there
were various small items, raising the grand total of the was unfavorable the present year; most of tho
current liabilities to 21 £ million dollars. On the other other general conditions were also unfavorable.
side of the balance sheet the items are of corresponding Thus in the West the grain movement on the whole
magnitude. For instance advances to other companies, wag smaller than in 1893, though at speoial points and
though having been reduced during the year in the in special cereals there wa3 an increase, with an in
sum of $3,659,563, still amount to $7,629,451. Then crease also in the live stock movement. l a t h e South
the company had Sf million dollars of cash here and in the cotton movement, while likewise irregalar, was
London. The management points out that upon the below that of 1893. Besides, there were rate disturb
first evidence of change in the business situation work ances in nearly all parts of the country—in the South,,
was suspended on all new construction aud equipment, among the trunk lines and^ between some of the West
and economies instituted in every branch of the service, ern and trans-Continental roads, though an exception
that this policy has resulted in maintaining the finances must be made in tho case of competitive rates between
in good condition, and that the 3ame policy will be the Great Northern and the Northern Pacific, where
pursued during th o p r e s e n t year, u n le s s the return of higher schedules seem to have ruled than those of a
prosperity should warrant a departure from it.
short time back.

J

414

THE
Mileage.
Tear
Givtn.

February.

Mile*.

Year
Preceding.
Miles.
79.109
80.509
92.100
90,888
93,688

Earnings.
Tear
Given.

Tear
Preceding

C H R O N IC L E .

Increase.
or Decrease.

[V ol . L v in .,

RECEIPTS OF COTTON AT SOUTHERN PORTS IN FEBRUARY, AND PROH
___________ JANUARY 1 TO MARCH 1, 1894, 1893 AND 1892.

February.

Ports.

1893.

1892.

1894.

1893.

1892.

33,199
1,707
118,239
7,594
257
4S.690
0.289
10,909
13,459
7,202
10
22,108
20,890

59,095
2,040
120,420
7,981
1,054
30.619
1,798
9,270
101
2,448
70
18,419
0,704

90,881
3,324
308,800
28,173
1,041
51,877
14,147
23,326
123
7,247
205
31,112
30,605

130.043
4,895
309,101
32.934
0,375
131,929
12,899
41.081
18.750
25.390
41
72,892
50,814

140,008
0.102
310,795
21,435
5.781
73,874
11,892
21,120
101
14,999
152
35,294
18,107

186,418
11,317
692,30*
40.350
3,708
111,057
32,308
49.50*
180
13,950
030
78,379
72,540

284.733

207.179

596,947

902,950

071,720 1,194,443

3,071.327
1,323.374 GalveBton...............bales.
Kl Paso, Ac.....................
4,620,408
1,322,271 New Orleans.....................
Mobile.................................
4,664,203
Florida...............................
Ja n . 1 to Feb. 28.
Savannah...........................
Inc.
0,917,275
65.990,174
02,907,449
79.009
1890 (149 roads).......
80,924
Brunswick, Ac...............
80.509
70,027,003 07,051,047 Inc. 3,675,358 Charleston.........................
1891 (145 roads)........
89,374
77.873,069 72.225,004 Inc. 6,647,406 1 Port Royal, Ac...............
92.100
1892 (140 roads)........
94,397
70.099,381 75,500.071 Inc. 639,310 Wilmington......................
90,490
92,394
1898 (130 roads'........
1894 (123 roads •........
96,945
07,709,054 77,315,505 Dec. 9,605,851
98.038
Washington, A c ............
Norfolk..............................
N o d o u b t th e re d u c e d losses r e p o r te d b y c e r ta in
West Point, Ac..............
1890 (161 roads).......
1891 (145 roads)....
1892 (140 roads)......
1893 (181 roads).......
1894 (123 roads)........!

81,106
89.374
94.897
92.792
95,945

30,114.050
33.484.300
39,008.578
30.727,65’
82,454,602

27.043.329
32,154.992
34.442.110
38.049.828
37,108,705

Inc.
Inc.
In c.
Dec.
Dec.

le a d in g ro a d s g iv e th e im p re s s io n t h a t a n im p ro v e m e n t
h a s o c c u rre d . A c a n d id c o n s id e ra tio n o f t h e fa c ts
d o es n o t w a r r a n t th is c o n c lu sio n . T h e N o r t h e r n
P a c ific h a s a d e c re a se o f o n ly $ 2 8 8 ,1 2 9 , w h ic h b y th e
Bide o f t h e h ea v y d e c re a se s sh o w n in so m e o th e r re c e n t
m o n th s lo o k s v ery sm a ll. B u t th e ro a d s in th e N o r t h
P a c ific C o a st s e c tio n su ffe re d v e ry se v e re ly fro m th e
■weather la s t y e a r, a n d th e p r e s e n t d e c re a s e fo llo w s a n
e v e n h e a v ie r d ec re a se in 1893, so t h a t a t $8 9 4 ,7 8 2 fo r
1894 th e e a r n in g s c o m p a re w ith $ 1 ,5 3 8 ,0 1 8 fo r 1892.
T h e C a n a d ia n P a c ific fo r 1894 r e p o r ts e a r n in g s of
$ 1 ,1 5 3 ,0 0 0 , a g a in s t $ 1 ,2 6 0 ,3 2 3 fo r 1893 a n d $ 1 ,4 5 6 ,3 6 9
f o r 1892. S o also th e d e c re a se o f $ 2 8 1 ,0 6 1 o n th e N ew
Y o r k C e n tr a l fo llo w s a d e c re a se o f n e a r ly a q u a r te r o f
a m illio n d o lla rs in 1893.
T h e C e n tr a l lik e w ise
o p e ra te s a b o u t 300 m ile s m o re ro a d t h a n a y e a r ago,
th o u g h m o s t o f th is y ie ld s o n ly v e ry l i g h t e a r n i n g s ; i t
d eserv es to b e n o te d t h a t th e 1894 e a r n in g s o f th e
C e n tr a l n o w e v id e n tly in c lu d e th e r e s u lts o n th e N e w
Y o rk & N o rth e rn .
T h e h e a v ie s t losses h o w e v e r t h e p r e s e n t y e a r co m e
f ro m th e S o u th w e s t, t h e A tc h is o n sy ste m ( in c lu d in g
t h e S t. L o u is & S a n F ra n c is c o ) r e p o r tin g $ 60 8 ,4 5 2
d e c rease a n d th e M isso u ri P a c ific $ 4 2 9 ,2 8 0 d ec re a se .
S ev e ra l o f th e o th e r S o u th w e s te rn r o a d s h a v e also
s u s ta in e d v ery c o n s id e ra b le losses, as f o r in s ta n c e t h e
T e x a s & P a c ific a n d th e I n te r n a t io n a l & G re a t N o r t h e r n .
I n th e S o u th t h e L o u is v ille & N a s h v ille h a s f a lle n
$ 3 5 4 ,3 9 8 b e h in d , th e C h e sa p e a k e & O h io $ 1 0 4 ,9 6 8
b e h in d , t h e N o rf o lk & W e s te rn $ 9 8 ,2 0 4 b e h in d , &c.
T h e fo llo w in g is o u r u s u a l l i s t of t h e c h a n g e s e x c e e d in g
$ 3 0 ,0 0 0 , w h e th e r g a in s o r losses. I t w ill b e o b se rv e d
t h a t th e M e x ic a n C e n tr a l s ta n d s a lo n e in th e in c re a s e
c o lu m n .
PRINCIPAL CHANGES IN G R O S S EARNINGS IN F E I R l ’ A I t Y .
In c re a se s.
t
D e c re a s e s .

M e x ic a n C e n t r a l.........
D e crea ses.
A to li.T o p .& S .F .(2 T ,ds)
M o. P a c tfle .....................
L o u isv . & N a s liv ..........
N o rth e rn P acific ........
N . Y . C e n tra l & H . R ..
D e n v e r & R io G ra n d e .
C hic. M il & 8 t. P a u l..
W a b a s h .............................
T e x a s & P a c ific .............
G ra n d T ru n k . ..........
C a n a d ia n P a c ific ..........
C hee. A-. O h io ........ .........
Int.<fc G re a t N o rth e rn .
C hic. R o ck I si. & P a c ,.
N o rfo lk & W e s te rn ___
C lev. Cm. Cilio <fe S t.L .
8 t. L o u is S o u th w e s t’n .

K a n . C. F t. S & M e m ..
$ 80,221
Col. H . V. & T o l...........
78.508
$ 6 0 8 ,4 5 2 C hic. & E a s t I llin o is ..
66,768
4 2 9 ,2 8 0 Tol. & O hio C e n t r a l...
66,702
3 5 4 ,3 9 8 R ic h . <fc D a n v ille .........
6 5 ,180
2 8 8 ,1 2 9 C hic. G re a t W e s te r n ..
63,851
2 8 1 ,0 6 1 G t. N o rth e rn (3 rd s .)..
62,819
1 7 1 ,3 0 0 W est. N . V. & P e n n . ..
58,718
1 7 0 ,128 L a k e E r ie & W e s te rn ..
52,832
1 5 6 ,9 3 1 B a lt. & O hio S o u th w ’n
50,253
1 1 5 ,831 L o u isv . N. A lb. & Chic.
47,326
1 0 9 ,7 9 7 L o u isv . E . &. S t. L ouis.
35,834
1 0 7 ,323 *Chic. & G ra n d T ru n k .
32,312
104,968 P itts , cfc W e s t e r n .........
30,779
1 0 4 ,1 8 8 • E a s t T e n n . V a. & G a.
30.71S
9 9 ,9 7 8 S o u th C a r o lin a .............
30,229
9 8 ,2 0 4
84 ,3 0 2
T o ta l (re p re s e n tin g
82 ,1 2 9
3 6 r o a d s ) ................. $ 4 ,2 1 9 ,4 4 7
$ 9 2 ,1 8 6

* F o r th re e w eek s o f th e m o n th o n ly .

Total............................

Since January 1.

1894.

$

W ith r e g a r d to t h e g r a in m o v e m e n t, C h ic a g o f a r e d
b e t te r t h a n t h e o th e r p r im a r y m a r k e ts , as n o t w i t h 
s ta n d in g a d e c re a s e in th e w h e a t r e c e ip ts t h e t o t a l o f
a ll g r a in a r r iv a ls w as 1-J m illio n b u s h e ls la r g e r t h a n in
th e sa m e m o n th o f t h e p r e v io u s y e a r .
RECEIPTS AT CHICAGO DURING FEBRUART AND SINCE JANUARY 1.

February.
1894.
Wheat.bnsh.
Corn...bu8h.
O ats., bush.
Rye., .bush.
Barley.bush.

950,403
7,938,600
3,958,412
86,234
1,820,273

Since January 1.

1893.
2.895,787
4,480,094
3,939,252
146,365
1,271.055

1892.

1894.

1,599,245 2,715,908
4,425,470 17,001,743
4,834,273 8,838,133
200,745
250,901
1,300,904 2,497,715

1893.

1892.

7,851,917
8,789.120
9,328.920
334,878
2,712,794

3,271,719
8,336,002
9.150,844
608.085
2^34,832

Total grain 14,253,928 12,733,153 12,480,043 31,304,400 29,017,635 24,207,582
230,290
Flour.. bbls.
474,227
509,619
693,209
870,301 1,039,829
949
90
2,070
Pork....bbl8.
2,384
376
4,274
Cutm’ts.lbs. 8,030,793 8,076,453 18,503,490 18,718,805 20,117,159 40,389,301
7,157,202 3,445,479 8,954,377 13,301,361 9,848,787 19.459.464
Lard...... lbs.
Live hogs No
557,478
395.477
075,588 1,344,859
1990,789 1,652,902

I n c o n t r a s t w ith t h e in c re a s e a t C n ic a g o , s u c h p o in ts
as S t. L i u i s , M in n e a p o lis a n d K a n s a s C ity sh o w h e a v y
r e d u c tio n s in t h e i r g r a in r e c e ip ts .
A t K a n s a s C ity th e
r e c e ip ts o f w h e a t f o r t h e f o u r w ee k s e n d in g F e b r u a r y
24 w ere o n ly 2 6 3 ,0 0 2 b u s h e ls a g a in s t 1 ,3 5 3 ,0 5 7 b u sh e ls,
a n d a t M in n e a p o lis 2 ,8 5 9 ,9 0 0 b u s h e ls a g a in s t 3 ,8 2 2 ,1 3 0
b u s h e ls . T a k i n g a ll th e le a d in g W e s te rn p o in ts t o 
g e th e r , t h e r e c e ip ts of t h e v a rio u s k in d s o f g r a i n f o r
th e f o u r w ee k s e n d in g F e b . 2 4 , 18 9 4 , f o o t u p 2 8 ,4 0 5 ,3 7 8
b u s h e ls , a g a in s t 3 0 ,7 3 2 ,0 7 2 b u s h e ls in t h e c o r r e s p o n d 
in g p e rio d of 1893.
RECEIPTS OF FLOUR AND GRAIN FOR FOUR WEEKS ENDED FEBRUARY 2 4 ,

AND SINCE JANUARY 1.
Flour,
(bbls.)
Chicaoo— ^
4 wks. Feb., 1894
4 wks. Feb., 1893
8ince Jan. 1,1894
8ince Jan. 1,1893
4 wks. Feb., 1894
4 wks. Feb., 1893
Since Jan. 1,1894
Since Jan. 1,1893
St. Lanis—
4 wks. Feb., 1894
4 wks. Feb.. 1893
Since Jan. 1,1894
Since Jan. 1,1893
•'aledn—
4 wks. Feb.. 1894
4 wks. Feb., 1893
Since Jan. 1,1894
Since Jan. 1,1893
Oetroit—
4 wks. Feb., 1894
4 wks. Feb., 1893
8ince Jan. 1,1894
Since Jan. 1,1893
Cleveland—
4 wks. Feb., 189J
4 wks. Feb., 1893
Since Jan. 1.1894
Since J an. 1,1893
Peoria—
4 wks. Feb.. 1894
4 wks. Feb.. 1893
8ince Jan. 1,1894
Since Jan. 1,1893
Oulut**—
4 wks. Feb.. 1894
4 wks. Feb., 1893
Since Jan. 1.1894
Since Jan. 1,1893
Minnmoolis—
4 wks. Feb., 1894
4 wks. Feb., 1893
Since Jan. 1,1894
Since J an. 1,1893
Kansas City—
4 wks. Feb., 1894
4 wks. Feb.. 1893
Since Jan. 1,1894
Since Jau. Y, 1893

Wheat,
(bush.)

Corn,
(bush.)

Oats,
(bush.)

222,042
487.191
057,374
845,760

1,044,413 7,465,011 3.518,703
2.993,160 4,521,940 3,911.928
2.632,048 15,866,078 8,124,933
7,595,425 8,435,506 8,843,075

170,020
80,175
200.050
288,300

718.9X)
735.400
1,160,750
1,612,954

82,510
130,420
156,040
238,002

192.210
842.932
534,608
I,849,3C9

7,200
6.474
14,768
13,500

273.500
294.000
557,100
717,530

605.300
714.300
1,377,300
1,889,758

9,799
12.833
22.035
24,173

305,3 i 6
392.933
748.457
848,939

24.980
21,025
45,090
37,101

156,800
151,901
252.350
267,520

15.900
21.000
39,950
42,150

39.000
141.250
90.000
289,050

W e h a v e a lre a d y s ta te d t h a t th e c o tto n m o v e m e n t,
w h ile ir re g u la r, w as sm a lle r t h a n in 1893. T n e re c e ip ts
48,380
988,559
256,709
a t th e S o u th e r n p o r ts a g g re g a te d 2 8 4 ,7 3 3 b ales, a g a in s t
49,286 2.210,160
2,116,700
2 6 7 ,1 7 9 b ales, b u t th e g ro ss s h ip m e n ts o v e rla n d w ere
2,859,990
o n ly 73,4 9 5 b ales, a g a in s t 1 0 0 ,0 6 4 b a le s in 1893 a n d
3.822.130
5.703,200
1 6 5 ,3 9 3 b ales in 1892. I t w ill b e se en f ro m th e s u b 
8,052,455
jo in e d ta b le t h a t t h e p o r t re c e ip ts , th o u g h s lig h tly
963,002
1.353.057
l a r g e r t h a n in 1893, w ere less th a n h a lf th o se fo r th e
741,246
2,942,043
c o r r e s p o n d in g m o n th o f 1892, w h e n t h e to ta l re a c h e d
Total of allwks. Feb.. 1894
580,-037 0.812.290
a s m u c h as 5 9 6 ,9 4 7 b ales, as a g a in s t o n ly 28 4 ,7 3 3 b ales 44 wks.
Feb., 1893
740,318 10,983.131
8ince Jan. 3,1894 1,243,599 34,731,919
now .
Since J a n .l. 1893 1,489,112 20,322,470

122,150
139,100
272.W50
192,230

Barley,
(bush.)

Rye,
(bush.)

1.323,100
1.277.415
2.371,788
2,503,043

83,784
153.565
2*0,921
327,353

358.000 1,142,110
489,0i*4 720,000
675.000 1.860,710
982,094 1,540,400

129,600
134,000
208,800
278,560

2.812.830
548,905
3.774,905
473,000
5,837,144 1,333.485
7,453,610 1,236,208

141,000
117,750
350,250
319,350

14,000
100,100
32,900
231,700

7,000
IG.70O
16,200
17,410

' 1.300
500
1,800

5,100
12,200
15,500
13,300

174,000
108,405
330,074
345,917

122,90.
144,212
243,895
270,301

30,010
49,210
83.340
172,141

40,059
08,094
118,052
114,940

45,047
178.899
174,414
290,901

11,381
36,750
20,607
66.050

995

1,604.750 871,000
1.080,000 l,0o4.800
3.184.650 1,599.900
2,238,240 2,188,300

172.900
U-5.800
340.100
322.100

10,800
21,000
18,000
30.800

18,758
43.302
36,808
115,380

975

833

5.458

833

130,080
133,080
55.729
279.275
99.729
613,880
13,019.273
10,789,501
27.253.405
21,399,527

10,>*17
3,015
22,034
5,473,191
6.229,450
12.176,800
13,850.983

____
2.827,310
2,308,825
5,046,028
4,980,984

243,28*
420,805
510.121
882,708

THE CHRONICLE.

March 10, 1894.J

W e h a v e a lre a d y re f e r re d to th e h e a v y lo sses in e a r n 
in g s re p o r te d b y t h e M isso u ri P a c ific , t h e A tc h is o n
a n d th e o th e r ro a d s in t h a t s e c tio n ; a n d o n th e w h o le
th e S o u th w e s te rn g ro u p h a s d o n e w orse th a n a n y o th e r.
T h e fo llo w in g c o n ta in s s e v e ra l o f th e le a d in g ro a d s,
a n d show s f o r 1894 a g g r e g a te -e a r n in g s f o r th e s e ro ad 3
of o nly * 7 ,0 7 0 ,5 6 5 , a g a in s t 1 8 ,6 9 0 ,7 8 4 in 18 9 3 , a
decrease o f * 1 ,6 3 0 ,2 1 9 , o r 18-64 p e r c e n t.
EARNINGS OP SOUTHWESTERN GROUP.
Jttraar*.

j

ISM-

1893.

1892,

»

«
5 2,072.039
1 130,1M
OdS.OiS
$48,300
334.400
U3S2.232
441,335
2,115.551
106,704
415.308
576,027

*
2.622,018
163,101
639.250
701.993
293.718
421.737
625.095
2,206.062
93,975
S7I.7W
564,687

A .T .A S .F .,
Cot Mid . 1 - 3 * ’ k *
St-L.AS.F-y
S56.719
Dea.AEloGr.
475,000
tot. A GL No.j 230,305*
BLC.F.3.AM.. 0302,011
Mo. K. A Tex.
«3Ld70
Mo.P.AlrJdt. 1,<580.271
St. Joa.AGr.I-i
W.M3
St.L. Soulb w.
333,179
Texas A PM400.79C

1891.

’ 1890.

*
2,217.122
141,906
569,112
556,215
251,639
374,22£
607.892
1.882.329
52,806
34T.040
507,589

1880

«
2,221.313
137,343
603,669
528,148
277,738
362.400
010,131

*
1.864.983
120,310

105,156
297.472
514,426

88,834
249.786
460,694

407,077
300,831
478.372

Total........... 7.070.MS 8,090.784 8.703.43^ 7.S07.887
a Figures here fear l£s>* and 1893 are strap! y the totals o f the ea rn in g for th
iota weeks a t the month an reported In the weekly returns, the month's earn
ing* usually exceed the weekly estimates quite considerably.

I n th e S o u th th e f a llin g off is n o t so h e a v y , a n d y e t
is c o n s id e ra b le , as w ill a p p e a r b y th e fo llo w in g , sh o w in g a g g re g a te e a r n in g s o f *4, 6 0 6 ,4 4 5 f o r e ig h t le a d in g
ro ad s fo r 1894, a g a in s t * 5 ,3 3 5 ,3 3 8 fo r 1893, th e d e c re a s e
b e in g * 7 2 8 ,8 9 3 , o r n e a r ly 1 3 J p e r c e n t.
CAKirlKOS OF aoCTBEBX OBOCF.
February.

1694.

1893.

1892.

tw o.

1891.

***•

$
4
t
»
«
.
661,66
Chesapeake A Obit
766.822
761.373 ♦623.073
577.066
425.000
501099
•470.481
570,0If
B.T*an.Vs. AGa.
551,740
513.828
371,373
04,65.:
Cas-CMem. A Sir.
U04J91
00,534
*?«,«?►
1*36.489
104^**
LcmlkT. A 2fMb<r ., 1.403,171 C I W
i. 784.636 i,sa».7si 1,490,010 UU0.3W
Mobile A Ohio.......
260,101
274.S96
ten.mu
277,059
306.415
J47.ALO
Norfolk Jt Waat'ch
607*544 ! 705.7 46
625,654
770.012
574.328
508.577
Hidhm.A Danriilei
041.017 I.ulit,** 1,100.300 1,107.990 1.403.300
881.870
South Carolina.,..
128,600
158,820
150.465
176.916
140,181
t»,si&
T otal.,..............

F o r th e N o rth w e s te rn g r o u p th e d e c re a s e is re la tiv e ly
m uch sm a lle r, a m o u n tin g £ f o r th e ro a d s b elo w to o n ly
*445,580, o r b a re ly 8 p e r c e n t .
* a * x w o » o r sokTitweaTSKX line *.
Fabt'mrjt.

1894.

[

i
W3.044
B el*
No.
273,060
C h ico t. W e t . . .
O deJdn.A-t.p. i
Mllwaa. A No., i
Chic R. I. A Pae 1.234.787
Duluth S.9.A At).
04.482
Gr. Northern Syt.
*37.8*1
Iowa Centra) ...
153,278
Mian. k «e. Leal*.
121.852.
St* Paul A Duluth
85.406
M0L4O1;

1089.

IS0*.

1891.

[

1890.

j

UK>0.

t
1
1
»
•
*96.623
336.407
365J951. *7IJ»4
*18.128
330.030. 380337
*12^88
SU.3B8
t. 10UVI: S.3IMJ03 1.S7S,088 1.7SS.UB 1.678.608
115,467
SS.WO
121,062
118.430 m j m ]
1.234.765 IJ51.438 1.03MV8! L * * .m 1.134.137
l4«.2<Wh 114.964’ 119.790
BM W
82.108
000,640 l.OU.iHA 856,096
526.53*
*4-8,342
139,960
150.761
146,059 138.351
128,856
161,702
93,173
11 2 ,™
IdlJfTS
um w
7L234
U8U573j 130.778
98,140*
77J84
5.646881

4.897,906 4.723.041 A 147.501

F o r th e t r u n k lin es also tu e d e c re a s e ) is q u i t e s m a ll,
re a c h in g 1 7 1 9 ,0 4 5 , o r a b o a t ft* p e r c e n t, b y th e s u b 
jo in ed s ta te m e n t, th o u g h it s h o u ld n o t e s c a p e n o tic e
th a t th is follow s a d e c re a s e la s t y e a r.

EtRmxii* o r rtuixK usr*.
Ttbrwiry,

[

B. A 0 . 8 W
Ob. h Mis#

tLC,CA8t,L;
a.T.of Can.'
Ch, AG. T „
M H kk.
N.T c.Air *!
Wraith
_?0«al.. J

a h v e e a r n in g s o f 1 4 ,2 4 1 ,4 2 8 f o r 1 8 9 4 a g a in s t 1 4 ,8 5 9 ,5 6 0
fo r 18 9 3 , a d e c re a s e o f * 6 1 8 ,1 3 2 , o r a b o u t 1 2 f p e r c e n t.
EARXISG3 OP MIDDLE AND MIDDLE WESTERN HOADS.

February.
Buff. R och.A P itt.
Chicago A East. 111.
Chic. A West Mich.
Col.H.Val. A T ol..
Det. Lansing A No.
Evansv.ATerre HPUnt A P. Marq....
Sr. Rap. A Ind. Sys.
Ulluois Central ..
Lake Erie A Weak
Lou.Brans.A st.L.
Louis. N. A. A Chic.
N. Y. Oak A Wast.
Plttab’g A West’n .
i t. L. A. A T . H—
ToLA Ohio Cent^
Toi. Peo. A West.
ToL SR. L. A K. C.West. N. T. A Pa.
WheeL A L. Erie..

1892.
1391.
1893.
1390.
1889.
|
*
$
f
»
$
232,949
180.355
144,511
209.039
230,398
147,4 S9
345.559
278,409
278,791
296,920
219,814
214,310
121.980
103,660
a 109,233 all3,SSi
143,485
95.501
178,170
248.568
163.016
170,062
2*21.630
174.112
91,875
83,044
82.590
1168,581 aSO.028
69,014
83.68*
95,059
74,494
96,338
86,938
67,838
220,336
203,125
252,454
204,872
256,276
171,507
241,414
171,197
192,146
21S.343
239,634
217,038
1,427*110 1,452,104 1,570,103 1,408,310i 1,270,41? 1,220,695
280*204
263,325
223,835
211,358
236,372
202,321
112.6X0
147.812
106,99c?
32.926
88,763
85,324
181,497
219,614
228,2*1
172.288
168,785
170,427
200,029
225,111
217,821
1*9.093
113,423
341,790
159,287
147,29c
153,860
128.506
190.095
137,015
109,266
122.440
116,968
123.460
89,005
80,263
167,726
110,345
94.133
101,024
125,378
111,014
73,423
6S.104
83,340
74,332
77.915
77,712
87,753
111,847
165,521
114,755
m ,2 8 0
64,314
256, LIS 266.449
251,872
107,400
243,175
222,947
97,691
S5.717
107,791
37,452
82.232
07.827
1894.

Total................. 4.241*428 4.853.500 4,007,608 4.109.D79 1.050.937 3.700,705
a Figures here fomf &£»* and 1893 are simply the totals of the earnings tor th©

four week* of the ok rath as reported to the weekly returns; the month’s earn
ings usually exeeed the weekly estimates quite considerably.

I n th e P a c ific g r o u p th e losses b y t h e C a n a d ia n P a 
cific a n d th e N o r t h e r n P a c ific h a v e b e e n a lre a d y d i
la te d u p o n .
tAXMIXOS OF PACIFIC HOADS.
February.
Can. Pacific

Rio Gt. Watt'll...

1W4.

|

IMS.

«
I
«
MtAtSj JA4.305 j
877^97;
M74^18
•708,67*
*87,118,

M1JBB6
1.281.313
240,086
71,506

UDMn 3,tss.osi
SHJII5

1.019,-440

1898.

|

«
*19,576

snjm
MO0.490:
1^75jm
SM.SW
90.40H
S,500.415
1*997«BS9;

1891.

m

«
t
170^74
180,539W .065
S03369
t.030.012
0»J2»X.
1^04.071. 1^66.602
280,084;
*70.358
78,70*1
75,075
3.980A80 2.000,821
044,811
080,810

0.090-401 7.417,800 8.000.403 7.134.175^
" Fowth week not reported; taken name astoot .ear
FlkBreo lnr hide Home W. * Of In oil th e rear..

7.12L8O0

1889,
t
161*146
289.265
841.434
1,302.153
248,649
63^*4
2.665.653
019,982
8*01.130

M uch th e sam e r e m a rk a p p lie s to th e o th e r lin e s in
th e M iddle a n d M id d le W e ste rn S ta te s , w h e re 20 ro a d s

1509.

1894.
»
L M .000
setjms
•13S.0OC'

1802.

1801.

I860.

1880.

1
$
f
»
940,257
002.677
XJttOuMM 1.456.30V L338,*0«
1,188.911 1.638,018 1,490>81 1.282,008 1.103.160
153.395
96333
144,000 192,361
99.463

f.l8t).6K2 2.668.134 3.118.7*0 f^«l.S70 J.SSS.dlS 2.101.660
Total.................
* fo u r th week not reported; Uken same as last year.
GROSS E A R N IN G S A N D M IL E A G E IN F E B R U A R Y .

Groat R o m in g t.

Name o f Road.

6.3ISM** 3A.VI.7IS 5,094,1142 ».7W.W» 4.108.7 U

• flrure* hare for Me* and US* arc ilrani, the L.tsi« a t tils e t r a i w for th e
tmu « * « i of the mootb o» mourted In tb s weekly rot a r m ; th* month’* w r a 
th*, utooUjtexceed the weekly w tl.u o l* , quit* nwatdarabir.
7 Fourth see k not reportedj h t w n to w n mm * M loot r«or.
♦ Dow not inciade the 81U»i*tbV)wn Leklnutor, A »t* Sandy rood In Ib u arid
m tM lrm roots.
t l i n t s or* oBoratlmot*. «ome o« for this year actual w rainos s e r e lorrer.
t* Ibcimlinr Scioto Voiler A New Knotona and Shctiondooh Valley for oil th*
non.
I lncthdor tb s whole H. a O.

Total ,

415

A tch. T.4 8. F e 8 y » ...
8t.L . A 8 .F r« n .8 r »

SelC.AObloSoutbw.r
R;rai’h»m & A tlnulkBrooklyn E te v a te d ..
Buff. Boch. A Pitts
BarL Ced. B. A No.
Canadian F aetB o.___
Carolina M idland___
C*mr. a n . A C ldc ..
Char. Stimt.r A No..
C licaapcake A O h io ..
Cldc. A Eaat U llnoi*.
Uhlc. G reat W n t .n i
Cltlc. MIL A St. Paul

1894.
s
2,309,064
555,719
504,053
1,972
137,566
209.039
293.924
1,153,000
4,600
13,400
15,500
661,854
2*8,791
273,069
2.106,795
78.148
1.234.787
109,233
4.184
50.395
1.298
14,279
675
65.123
877,597
170,062
1,600
9.841
475,000
88,587
94,482
324.917
89.980
20,787
3.795
83.087
204,872
18,120
4S3
124,979
68,986
132,044
27,586

1893.
*
2,909.222
665,013
554,305
2.716
153,995
232.949
295,623
1.200,323
6,141
12,904
22.000
766,822
345,559
330,920
2,270,913
91,554
1,334,765
113,834
4.498
50,833
1.540
16.021
975
77,432
961.890
248,568
1.80*.
9.920
640.300
80,028
123,903
355,635
71.430
29,487
6.695
95,059
203,125
25,162
754
139,539
77,250
111,413
34.009

Chic Pao.A St.Lout*.
Otic. R. 1st. A Par
Chki. A Weat Mich..
cm. Geonr. A Porte.
Cin. Jack. A Mack ..
Cm. Northwcatern...
Clnn.Portanj’th A Va.
Col. A May,vllic..
Clev. Akron A Col..
oicr. aii.cn. a st. h
Ool. Hock. Val. A Tol
Colusa A I.ak-..........
Current River.........
Denv. A RloGraode.
Det. LaiuFc A North.
Dal. 80. Shore A AH.
•E. Tenu. Va. A Ga .
Elgin J o lie t A Eaat.
Evans*. A Indlanap
•Evans*. A Klehm'tl
E vans*. A T. Haute
Flint A Here M ara..
Ft. Worth A Rio Gr..
Gadsden A A tt. Un.
Geotgla....................
Gh. Sbutli. & Florida
Gr.Raplda A Indiana.
Ctn. Rich. A Ft. W..
Traverw C ity ..........
4.018
3 ,5 4 5
Mask. Gr.R.A Ind.
6,022
9,570
1,174,516 1.284,313
Gr. Trank of Canada
179,775
Chic. A Gr.Trunk.*
146.463
4*4.767
Dotar.HaT.AMll.*
53.156
Gt. So.—8. P. M. A M
658,106
749,505
Eastern of Minn .
66,880
62,326
84.255
Montana Central..
117,389
Gulf A Chicago.........
3,289
3.183
2,277
Hooaao Tun. A WUm.
2,091
Hume# ton «Se 8hen ..
10,000
12,334
m m o ls Central....... 1,427,119 1,452,194
IntemaVl A Gt. N o ..
334,490
230,302
Ind. Dec. A Western.
33,663
27.801
•Interoceanlo (M ex.)
140,041
129,521
130,269
Iowa C en tral...............
153,278
Iron R a ilw a y ...............
3,696
2,940
K anaw ha A Mich ..
23.355
21,208
Kan. C. Clin. Sc 8 p r . .,
19.004
21,757
382,232
Kan. C. Ft. 8. & Mem.
302.011
Kan. C. Mem. Ac B ir.
94,891
76,678
11,162
•K an. City 8nb. B elt.
10.643

Mileage

Increase or
Decrease. 1894.

S
-499,158
—109.291
-50,253
-944
—16,429
—33,910
—1,699
-107,323
—1.341
+496
-6,500
-104,969
-66,768
-63,851
—170,128
—13,406
-99.978
-4.601
-314
—448

7.481
1,864
917
22
20
333
1.131
6,290
55
175
139
1.269
515
922
6,086
316
3,710
481
42
345
8
106
19
194
1.850
327
22
82
1.657
323
589
1.265
177
156
102
165
630
116
11
307
285

1893.
7,481
1.864
917
22
17
294
1,134
5.958
55
175
139
1,209
480
922
6,088
306
3,456
481
42
345
8
106
19
194
1,850
327
22
82
1.646
323
589
1,265
177
156

-242
-1,742
—300
-12.310
-84,302
—78,506
—200
-7 9
-171,300
-11,441
-29,421
-30,716
+ 18,550
-8.700
—2.900
1 02
—11,372
105
*1.747
630
—7,033
146
271
11
—14,500
307
-8.270
285
132
—11,469
432
-7,023
80
86
20
+ 500
26
-2,957
37
37
—409,797 3,515 3,515
—32.312
335
335
189
-4,389
189
—91,399 3,709 2,890
72
-4,554
72
256
+33.134
253
62
+ 106
02
25
-186
25
95
-2,334
95
-25,075 2,888 2.888
825
—101,188
825
152
—5.802
152
519
+ 10,520
519
497
+ 14,009
497
20
20
+756
173
142
+2,087
163
—2,693
163
-80.221
671
071
27G
276
—18,213
35
35
-51 9

THE CHRONICLE.

41(5
1

—

[ VOL. LV III,

1n*1" .... 'zzz. - — zz ~
a m rout..

(irQtt N nrninffs,
N am e o f M

.

1803,

1804.

1norm a a or

*
*
$
20,-120
•t 1,720
a i,t4 9
K an. C.Wyiiu. A N.W 1
1,015
. 4-411
000
Kan.O.A ihiaDleo
82,830
-2,8110
211,1)40
1,000
7.001
5,122
F rio All. A Ho... (
- 52,832
(Uiko F rio A Wont u r n j
ami,U72
—0,000
38,270
L ehigh A* If ml, Elver. 1
28,280
1,403.170 1,817,608 —354,308
lyniiav. A Krwltvllln
i
1.208
8,313
•hm iluv. Hmithmil.
!I2,H05
142,832
36,831
J / ki Imv. Fvann. A Ht, I
100,008
172,288
...
17,320
210*014
ianthtv. N. Alb. A Fhlo.j
4 4.0*00
27,530
17,154
I j OUImv, 81.1.. A T e x ..!
1 1 13
7,-122
Mm*ot» A BlrmltnCm
7,300
10,720
3,004
7,726
M iroltuim io.................
081,51(1
1
02,180
580,330
Mox lean Font nil ...
315,343
M uxt(Min Natiouui
321,247
5,004
- 12,400
182,540
105,030
M oxiean KnllWtt) .'
121,852
4.523
Mum. A Hi. 1.ou.1,1 ..
1VO,375
M o. KaON. ATO’t.HyH,
(ill 1,070
<11 1,335
0,0(16
Mo. 1’iiu, & trim Mt . 1,080,271 2,115,661
420,280
•M obile A BWui'gbtmi
725
10,824
M obile A O hio........
200,101
1 1,206
274,30(1
Jtf.Y.t'mi. At 11 ml. ttlv. 3,003.001 3,285,052
- 3 8 1.0<i t
2 2 5 ,1 i 1
K. V.iHii. A Wom ...
1
k i ,38S
007,5-14
706.748
N orfolk A W estern .
-08,201
81)4,782 1,1 H2,01 1 -288,120
N o rth ern t’n d llo .
110,0111
7,250
38,247
' Olilo n lv o i................
fi oo. Dee, A ISVttJlfV
50,082
H.577
08,884
IV 0
2,523
Butn. M arion A ('llin.
3,073
80.108
70,437
8*litHl>. A WUHtOl'Ti,»,.
12,74 1
IMltuti. Ultsr, A Till
37,7*3
50,620
18,737
1t,30H
filia l,. I'll. A H'llll'.
13,600
•1 (Hill
• 2,844
8,22
Quin. uiiinlm A K, (J.
15,377
*06,180
724,746
liuiit, A. Omivtlk', .
1(10,71(1
14,863
13 1.857
/SODMlil. I'lU'lllo -..
01,004
■ sfihar col, t% auk 07,251- 5 ,3 2 0
O ul A. DieenvUIu
07,0111
oe.em
-1 7,401
23,448
•17,4 4 1
lU i, tlrnm to Hotttli'ii.
■23,00(1
I t in (J ram ie WoRtmii ■
85,500
07.500
12,00(1
Haj^Tu moia A Huron
4-2,088
10,VO,1
8,207
81. Jos. A Ur, loluiHl..
80,553
10,15S
10.*-,700
h i . i.. All. A r. ii
100,2110
128,401
1 1,104
Hi. I*, Ron no tt A* Bo,
2,10 7
2,4 17
28C
c t. I.miiii HuttUivam'u.
383,17b
-416,80?
...82,12(1
Ht. P aul A- D u lu th __
85,403
27.17(1
112,572
Han 1' run. A No. Due .
45,05V
5,552
fto.mih
Hav, Amor. A* Mont
38,204
41,0 U
1 1.311
Hbor. Whruv. A South
22.01,
30,371
•1 7,424
B ooth Carolina.
30,220
125,000
155,821
Texan A I’uoitto...
r>-. 0,027
110,831
400,701
2.071
Test, Huh, V. A N. W.
4,221
1.261
Till. A OMo i mu rnl.t
101.021
107,721
-0(1,702
(SS.iCw
IToi, I ’oorlu a Woat’n
73.421
-6,311
Will. HI. 1.. A K. I'UJ
87.751
11 1,047
27,00(1
Walmah
8 0 2 .0 1: 1,010,041
-150,031
W estern M aryland
71,277
70,03-:
• 7.767
W oat, N, Y. A Donvi
107,401
250.118
58,715
W Vtt. (Hilt A I’ll (8
70,5 E
80,835
10,201
WIuh'I. A 1.itlu> Krlii.
85,717 j 107,701
-22,074

Name «/ Hoad.

1808,

1804.

Doorm m .

176

175

20
148
01
725
00

20
148
(11

726

00

2,055 2,038
130
130
308
368
537
637
100
160
07
07
44
44
1.847 1,847

1,210 1.210

321
321
336
886
1,045 1,672
6,37V. 6,872
147
147
087
OH?
2,306 2,00(1
4 7'.
477
1,507 1,65(1
4,023 1,023
215
215
340
264
25
26
21 1
214
77
77

(11

(11

134
184
1,063 1,083
6(1-1 fill!
373
3711
20(1
206
ISO
172
514
514
07
07
•lift
145
2311
230
20
UC
1,223 1,223
248
248
106
405
HOC
30d
168
163
270
271
1,407 1.407
38
38
008
80S
247
247
451
451
t .035 1,S80
221
237
OK
(MO
155
165
256
266

T otal ( i p ;•{ rnmta).

32.454,502 ‘37,108,705 “ •1,054,203 05,945 03,038
* Only th ree w eelu o i' F ebruary in eaeh year,
<f lituhnloit Toledo Oolumbus & Olnoiuuail in both years.
r innlndOM Ohio A Mi$|0a8lpi>l fo r both years.
m om

FAUN INCH i m o u d A NIT ARY l TO FFKUUAUY 28*

Nairn* o f Komi.
A,bell. Ton, A* 8,1V 8ya.
I t . l .. A>, 8, F ran , Bya,,
M alt, a i). Houtinvwi ii
lliiiiiKiKlmm A Annullo.
Brooklyn fifloviuutl . .
<14(11. Kin’ll, A- 1‘ltilatMW,
Burl, (.tort, Kuo, A. No,
CWnmlluu I’sn'illt’. ..........
C nrot tUtt MId la nd . . . . . . .
t ’lmrliwlou f lu . A Ohio..
C.-tuvr, Hum te r A N ortb’n
Clhoaa j>nnKn A O h io .. . .
CTOc, A KafU’u 11limns
vTtin. UvoiU WuHtovn
villi-. Mllw. a s i. l'm il
• ’Hio. Dm*. A Ht, t.oula
Obk’, Kork lab a l'mc
eh iu . A WohV Miphtann.
i la. Ot'tii'.tf, A l'ni’Istn'Mi
F in. .taokaon a Maok,
OKmimmit N(»r(bwo»t’n,
<’tnn. 1’nrta, A ViVRtnin.
Colutnlm# A Mm svillo
Flov<\ Akron A Out, ..
Otev. f lu , Chlo, a- S(. i,
CV>1. llu rk . Nt(l, AtTokalo
<Y*Uma A L ako....... ........
O u n v n t K tv rr...............
Ikon*. A Ulo Qriuuli- .
i>ot. 1 anatijg a N ortb’n,
Jlul, So. Slioro A All. ,
* Kilo t Ton ii. Vo. A (i.-i .
Ivltdh .loHt't A K aat,. . . .
K vanav, A liulijinapolla,
•‘JCvanav, A Ulcbmomi
K yanav. A' T m ru H antn
b’Unt A* 1'urn M;u'tjuuUu,
l ‘« Worth a Uio urnm fo
.iutl.-nltm a A tulla U ii, .
44«. som U 'n a KlorlU#
IJtHirRlit,. ......... ..............
0 r. U anlds A l ml bum .
Fin. Ktoll. A Ft. Way no.
Truvorai' Oily. ............
Jtu.i. Ur. K. A luil.......
O r, Tcm ik ,'f t'a u m lo .,
' Okie, A Or. I'rmil.......
• n w . Or. 11, A Mllw,
« w a l Nor. SI. l \ 51,A- M,
1-Iaslt'ni of Mtmit'soiii,
MimlHiiii Coinviil.........
A ('Hlwl-gO..............
H.uosiie Tun. A- W itu i,.
Ilu m n atn n A HlumamVh

1804.
Si
4,780,574
1,1.20,388
t ,002,207
3,474
2 S ,,250
427,753
806,085
2,543,766
0,2(50
20.008
28,50<
(.417,024
670,788
628,30?
•1,2(51,008
l (5c. 527
2,647,202
210,884
8,748
04.182
2,721
28,2X1
1.108
188,208
1,817.800
367,782

2,000

18,184
1,006,008
130,715
1OH,408
a n . 988
183,570
43,316
0,560
477,170
381.270
37.2311
1.030

160,608

246,211
370,280
50,063
8,534
1*i,995
•J,400,508
367.581
110.050
1,330,400
126,102
218.356
0,804
4.378
20,500

1803,
$
6,850,725
1,840,70s
1,101,451
6,350
318,103
418,630
020,260
2,706,01 ;(i
10,706
24,823
36,400
1,604,778
600,162
67 7,010
4,063,67;,
201.17!
2,714,015
236,870
0,08-1
101,362

Incrm sc. fh-crm.ir.
$

’ i',180

2,868

35,206
1,876
152.700
1,068,66(1
520,995
8.40O
18,280
t,Or 1,016
1(48,5451
285,800!
864,127
130,216
59,(178
13,080
188,464
483,416
61,04 i

1,001

152,402
272,078
82 1,233
00,427
7,900
20,128
2,01-7,28 1
427,245
127,54 2
1,018,237
108,31.8
IS 1,240
0,541
4,00,1
25,244

..........
............
............
47,361
......... 7,506

(i'28

............
87,1.1(1
263

It!
1,073,161
210,870
120,247
t .885
80,043
Vi0,880
24*184
26 ! 1 -l
4,437
7,000
HO.854
110.370
148,742
709.005
40.644
167,698
25,985
830
7,180
U7
0,924
382
17,527
150,851
169,218
190
96
81.830
67.351
52,189
10,308
4,1X1
11,275
52,187
1 F705
571
27,707
50,058
12,464
7,138
202.718
■
10’583
287,887
620
4.744

llilim ls (’,'iitrn l......... ..
ImUcvtmji, I)oo. A Wi'Ht .
In i. A U rnat Nort h n rn ,
11ntoroooanlo (Mux.,)1 .
luwii (Xmtcivl.................
Iron Bnlhviiy...................
K anaw ha A Mlohlgau ..
Kan, City (Uln, & S pr .
Kunaaa U. Ft . B. A Mum.
Kan. ( Hty Mum. A' Kir..
'Kiinmm City Sub, Holt.
Klin, City Wy. A N. W .
Kim. City A Knatrhm,
Keokuk A W natorn..
1.. Frio A lliance A Hu
Lake F rie & WQ.$t<n,n . ..
Kohl all A IliulHon E lver
Louiav, Fvaimv, ABF !<•
Louisville A N uahvllle..
Loniav. Ht., L. A 'Texan.
‘ Conluvlllo S outlioni,.
1auitHV. N. AU>. A. (’h ie .
Muuini A- lU ruilogluuu..
Miuil-iliqm-......................
MusUsini ('m i(m l —
Me xietin N ational
...
•Moxtnaii UiOlwn.v .
M inneapolis A. 8t. Lou in
Miaftourl K, A. T ex. wyM.
Mo. I' iuiKIo a lin n Mt.
- Mobil!’ A: itlrm iuglttm i
MobiSo A O hio..........
N. v. Cunt, a . Unit. Ulv.
N .v, O ntario A W w t’u
N1)1'foil! A- WoHtM'll........
Noi'lilwni t’uulilu............
"OHIO U ivor.....................
Four Ia Dee, A FvanHV..
I’ltitiib, M itdou «fc Cltlu.
m isburfif A Went u rn ,..,
I'd ( hI>. Cle\
m tlall. I'alucfi.Uf I'"pi..
Q.ulney O m aha A K. 0,
Blehmoiul a D anville
c h a r. Col. A- Au k . ..
(ieorgla Faolbu,, . . .
C olum bia & tlcoouv.
Kin UraiHUi SuutUcrn.
Uto (li'imOn WOHturn.
Site, '.ruaoollt A Huron
8t. .1o h . A- U riu,0 lolnnil
St.
A lt.,t T .Il.lir’clis.
8t. i,. KumuM-t A South..
Hi. I.ouIb soutliw caiorn
St, l’mil A D uluth ........
Sun F in n . & No. l-'nuMlo.
Stiviiu. Amur. A- Mom.
S honunn Slirovn. A So.
South C a ro lin a ,, . . . . . . . .
T exas A r a e l i t e .. . . . . . . .
Tex. Habtno Yah A N.W
Toledo A Ohio C entral
1'oliMlo 1‘ourlaA Wt'Ht’u
Tol. Hi. I.. A. Kim. ( 'i t ) .
W abash...........................
West urn M nrylnuil____
Wo si N. Y. A-, l’ft..........
Wc'At Yn.Oont. A i'll Inh
W heeling A Lake F r i e .

1804.

1803.

$
2,013,155
51,248
610,141
313,258
303,284
7,157
10,050
42,017
(1(0,040
100.400
25,300
57.772

$
2,008,780
80,187
742.507
801,005
201,028
5,565
46.020
44, f>09
700,577
205,502
26,875
53,029
2.011
2,11 4
50,770
04,710
15,059
0.817
488,182
500,872
01,080
83,950
222,203
203,017
3,1 (7,780
3,675,237
6 1,017
05,280
87,063
08,030
317,204
421,277
15,403
14,061
0,173
23,787
1,308,730
1,228,900
66O.760
734,512
•112,006
410,080
24 4.315
253,831
1.851,310
1,378,000
3,621.858
4,370,077
42,836
47,130
552,007
580,428
0,170,098
6,741,300
500,284
482,510
1.380,405
l ,805,01*8
.1,830,675
2,500,145
78.270
07.005
>22,301)
141.105
5,868
0,381
171,046
175,106
82,371
100,285
35,816
27,071
30,4 !<
39,009
1,904,511
1,388,615
110,021
UO.l IC
851.745
352,000
117,05!
100,701
52,741
107,051)
227,87<
217,301
I7,06(
16,670
108,801
221,075
256,438
223,087
5,207
5.151
000,37!
851,208
175,502
244,001
112,04'.
80,057
7 8 .0 0 1
03,241
57,731
47,802
2V7.7U
2(1,501
t , 208,076
1,060,801
0,01 1
H.89 1
218,383
335,071
MO,521
154,807
•271.16(
180,58*'
1,708,07'.
2,083,076
144,031
158,38<
407,341534.452
150,681
142,341
175,854
218,083

T o ta l (lO Srom ln)..
07,700,05. 77,315,606
Not tlecu'oaso.................
* F or th ro e weeka of F eb ru ary in each year.
a luolm tee Ohio A Miaalaaippi for bo th years.

Increase,
$

.
11,653
11,800
1,802
721
-

r

3,843

.. m1t.
1,148
174,746

...
T
0.90S

........
, , ,„__
.n. r ,r_
8,7+14
r T, .. _.

......
„7.80C
..... ..
r

974

111

.
10,342

■, r - -

- r -

Decrease
fy
85,034
25,930
232,420

1,892
171,531
15,030
1,579
373
4,940
5,242
02,600
22,320
70,844
557,457
40,300
i 0,007
77,013
14,504
73,743
37,081
9,010
27,650
854,219
4,300
27,701
666,308
20,774

......

000,570
10.716
18,805
1,023
3,10(1
23,914
_rm.
4,623
24,104
3,110
255
55,200

20,026
57,872
32,811

......

151,329
08,504
23,986
19,045
..... .
40,211
147,785
1.983
117.580
14.344
00,572
315,003
14,349
127,104
8,340
42,720

333,710 9,930,567
0,005.851

M IL G I . A D S T O N B ’S R J S T I <f?E M E N T — T H E
N E W . S IT U A T IO N ,

The event of the week in importance and signiiicanoe has been the retirement from active political life
of William Ewart Gladstone. It; cannot bo said that
the event was a surprise; for rumor had boon busy for
some weeks, although it was largely discredited. A
couple of mouths ago it seemed as if nothing but
de-titli'or absolute inability to attend to the duties of his
high oilioo could have induced him to relinquish the
position ho held, and his resignation would have par
taken of the character of a startling sensation. Com
ing as ic did the public mind was fully prepared for it.
Yet bevy largely has the event commanded the attention
not only of the British people but of all communi
ties. Everywhere it is felt that a potent factor for the
welfare of the British Empire has ceased to act.
'Che resignation has acquired importance not so
much from the ex-Premier's extreme age. It. is not
yet two years since ho sought oilioo and went through
all the fatigues and inconveniences of a political cam
paign. It is soaredy more than a year since he asked
leave to introduce a Si Bill to amend the Provision for
the Government of Ireland;” and in the i n t e r v a l he
has shown no signs of waning strength, his latest
speech,- that in which ho denounced the conduct of the
Lords and foreshadowed the policy of the Liberal

March
WBSSSSm

to,

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

417.

THE CHRONICLE.

1884.]
.

"■

-

------ ---- --------— -

p a rty , in voice a n d m a n n e r re c a llin g th e m e m o ry of th e
beet effo rts o f h is o a rlie r y e a rs. I t is th o p e c u lia r ity o f
th e s itu a tio n w h ic h le ts u s in to th o s e c r e t o f th o v e te r a n
s ta te s m a n ’s r e ti r e m e n t , a m i w h ic h e x p la in s th o im p o r t
an c e a tta c h e d to th o e v e n t.
H is p o lic y iu r e g a rd to
I r e la n d , so p e r s is te n tly p u r s u e d , h a s f a ile d . R ig h tly
o r w ro n g ly , t h e h e r e d ita r y a r is to c ra c y , th e g r e a t la n d o w n ers, th e m en w ho co m p o se th o U p p e r H o u so o l
P a r lia m e n t, look u p o n h is p o lic y as d a n g e r o u s — lo s t r u c t i r e of th e ir r i g h t s a n d p riv ile g e s a n d d e s tr u c tiv e
o f w h a t th e y c o n s id e r m a s t v a lu a b le in th e a n c ie n t
c o n s titu tio n o f th o re a lm . T h e y h av o th e ro fo ro sh o w n
th o m s d v e s h o s tile to a ll h is re e o n t m e a s u re s — H o m e
R a le fo r I r e la n d , E m p lo y e rs ' L ia b ility K ill, a n d also to
th o P a ris h C o u n c ils B ill— fo r a lth o u g h th e la s t-n a m e d
b ill has b eco m e la w , it was passu 1 by a c o m p ro m ise b e 
tw een th o tw o H o u ses. .M atters h a d v ir tu a lly c o m e to
a d ea d s ta n d b e c a u se o f th o a n ta g o n is m o f th o tw o
b ran c h es o f th e L e g is la tu re .
I n th o e m e rg e n c y M r.
G la d s to n e has la id th o b u rd o n of th o s itu a tio n on o th e r
a n d y o u n g e r s h o u ld e rs . W n a t is to b e th e u p s h o t ?
B ritis h h o m e p o litic s a r e o n th o o v o o f a now d e p a r tu r e .
Is th o tr a n s i tio n to b e easy o r is t h e s tr u g g le to bo
sev ere a n d p r o tr a c te d P I t is c o n s id e r a tio n s s u c h as
th e se w h ic h le n d s ig n ific a n c e to t h e la te P r e m ie r ’s r e 
tir e m e n t, a n d w h ic h a d d t o i l m u c h o f iU im p o r ta n c e .
I t is g r a ti f y in g to n o tic e t h a t M r. ( i l a l s t o n c r e tir e s
am id th e re g r e ts a n d g o o d w ish es o f p o litic a l f r ie n d s
a n d p o litic a l foes a lik e . O n n e i th e r t id e is th e r e a n y
q u e s tio n as to th e v a lu e o f h is p e rs o n a l se rv ic e s
an d th o im p o r ta n c e o f h is p e r s o n a lity in th e g e n e ra l
•ffairB o f th o c o u n tr y as w ell as iu th o p o litic a l a r e n a .
All aro o c c u p ie d w ith th e q u e s tio n , w h a t is to ho th o
r e s u lt o f h is r e ti r e m e n t t
A s we h a v e h i n t e d , th o
im m e d ia te s itu a tio n is jw c u lia r.
T h e r e h a s b e e n no
sn o b s it u a ti o n in th e p o litic a l h is to ry o f G r e a t B r itia n .
I n a c o a r s e o f p o lic y w h ic h h a s b ee n m o st e m p h a tic a lly
c o n d e m n e d a g a in a n d a g a in , th e L ib e ra ls , a t M r.
G la d s to n e 's
re q u e s t,
have
a g re e d to
c o n tin u e .
H o m e R u le
is
to
r e m a in
on
th e p la tf o r m ;
a n d s s if th is w ere
n o t o f its e lf o n o n g h , H o m e
R ule is c o tip le d w ith
th e R e fo rm o f th e H o u so of
L o rd s . T h e s itu a tio n is p e c u lia r , n o t o n ly fro m th e
q u e s tio n s a t iss u e , b u t fro m th o m a n w ho ha* s u c 
c e e d e d to M r. G la d s to n e 's p o s itio n . T h e c o a r s e w h ic h
h a s b e e n fo llo w ed h a s h a d n o p r e c e d e n t in o u r tim e .
I t h a s b een th e c u s to m h it h e r t o in B r itis h p o litic s fo r
th e se co n d in c o m m a n d to s n c c e e d h is c h ie f.
I t was
so w ith E a r l G re y a n d L o rd M e lb o u rn e . I t was so
w ith E a rl D e rb y a n d B e ac o n sfleld . I t w as so w ith
E a rl H assell a n d L o rd P a lm e r s to n .
I t was so w ith
Beacon .fie ld a n d S a lis b u ry .
I t was th o sa m e w ith M r.
G la d s to o e h im s e lf w h e n h e s u c c e e d e d , a f t e r lo n g w a itin g ,
to th e p o s itio n h e ld , a f te r P a lm e r s to n 's d e a th , by E a rl
R u ssell. F o llo w in g th e o r d in a r y r u le , th o h o n o r sh o u ld
h av e fa lle n u p o n S ir W illia m H a r c o u r t. I t w as M r.
O la d s to n e ’s d e s ire , h o w e v e r, t h a t L o rd
R osebery
sh o u ld su c c e e d h im ; a n d th o fe e lin g o f th o p a r ty b e in g
a p p a re n tly in h a rm o n y w ith M r. G la d s to n e ’s c h o ic e ,
S ir W illia m h a s g e n e ro u s ly , ev e n m a g n a n im o u s ly ,
yloldod. T h e n a g a in th o r e c o n s tr u c tio n o f th o H o u se
of L o rd s is p a r t o f th e a p p o in te d p ro g ra m m e .
It
seem s s tr a n g e t h a t a m e m b e r o f t h a t H o u s e s h o u ld bo
chosen fo r t h a t w o rk . I t is re a lly n o t w o n d e rfu l t h a t
Mr. L a b o n c h e ro a n d h is R a d ic a l f rie n d s s h o u ld see in
th e a p p o in tm e n t o f I ,o r d R o seb ery s o m e th in g lik e
re a c tio n , a n d s h o u ld h e s ita te a b o u t sw e a rin g a lle g ia n c e
to th o now c h ie f. Is>rd R osebery h a s c e r ta in ly a c 
ce p te d a s e rio u s r e s p o n s ib ility a n d h a s u n d e r ta k e n a

ta sk w h ic h , w h a te v e r i t m a y p ro v e to h im , w as to o
g r e a t fo r h ia f o rm e r c h ie f .
I t is re a s o n a b le , h o w e v e r, to c o n c lu d e t h a t L o r d
R o seb ery , th o u g h w illin g to p le ase M r. G la d s to n e , is
n o t b o u n d to p o rs ia t in th o p r o s e c u tio n o f t h e im p o s 
sib le. H o is a m a n o f se n se, possessed o f m a n y p o p u l a r
g if ts , a g o o d sp e ftk o r, p e rs u a s iv e in m a n n e r , a m i, as hou
b e e n p ro v e d ou m a n y o c c a s io n s, a lre a d y s iu g u l a r ly s u c 
cessfu l in g e t t i n g m en to o v erlo o k dilTorouoos o f a m in o r
a n d n o n -e s s e n tia l s o r t, a n d to m o o t o n c o m m o n g ro u n d
a n d co m e to te rm s . A n e f f o rt w ill bo m a d e to b r i n g
b a c k th o U n io n is ts to th e i r o ld fo ld , a n d th u s r e s to re th o
L ib e ra l p a r ty to th o fu lln e s s o f its s t r e n g t h .
In e n 
d e a v o rin g to a c c o m p lis h th is ta*k h e w ill n eed all h i »
sk ill a n d pow ers of p e r s u a s io n . H ow th o U n io n is ts a r e
to be b r o u g h t b a c k to th e fo ld , in viow o f s u c h a p r o 
g ra m , i t is n o t easy to see; a n d h o w , w ith o u t th o
U n io n ists c o n v e rte d a n d o n h is sid e , L o rd R o seb ery isto se c u re e i t h e r H o m o R u le fo r I r e la n d o r re fo rm f o r
th e H o u se o f L o rd s is, it m u s t bo a d m i t t e d , s o m e w h a t
of a p u z z le . A s we h av o s a id , L o rd R o seb ery is n o t t o
1)0 tie d b u n d a n d fo o t to a n im p o s s ib ility , a n d h e c a n
r e ti r e m o re g r a c e f u lly fro m th e h o p eless ta s k t h a n c o u l d 1
M r, O ln la to n e .
I n so m e o th e r fo rm th a n t h a t
w h ich Iris h H o m o R u le rs d e m a n d , a n d w h ic h Mr.
G la d s to n e p ro p o se d to g iv e th e m , some q u a lifie d k in d
o f H o m e R u le m ay b e a g re e d u p o n a n d U n io n is ts a n d !
G la d s to n ia n s b r o u g h t to g e th e r . T h o D u k e o f H e r o n s h ir e , as wo g a t h e r fro m h is s p e e c h o n T u e s d a y a t
Y eo v il, is r e s o lu te as e v e r in h ia d e t e r m in a tio n to l e n d 1
no h e lp to m e n w h o seek th o d is m e m b e rm e n t o f th o
E m p ire .
L o t H o m o R u le bo a b a n d o n e d a n d ho a n d
h is f r ie n d s w ill r e t u r n to t h e i r old a lle g ia n c e .
Wo
havo a r ig h t to ta k e i t f o r g r a n te d t h a t Mr. C h a m b e r 
la in , M r. G o to h o n a m i th e o th e r m o re p r o m in e n t
U n io n is ts a re o f th o sa m e m in d . T h o H u k o o f D ev o n 
s h ir e , w h ile e u lo g iz in g M r. G la d s to n e , w as n o t e x t r a v a 
g a n t in h is s t a te m e n t t h a t h e h a d “ lo ft to h is s u c c e s 
sor* a le g ac y o f n m e tllo d q u e s tio n s .*’ In th o s e t t l e 
m e n t o f th e s e q u e s tio n s t h e p o litic a l in te r e s ts o f t h o
f u tu r e w ill c e n tr e .
Stock E xciiaxo * C U U K lsa-H ous* T uajm aotonk , — T h o

•unjoined statement in clude the tnmsnedon* of the Stock
Ktteltange Clearing-House from Feb. 20 down to and Includ
ing Friday, March 8: alio, th<- aggregate* for Juno to Febru

ary, inclusive, in l MM Hi and 1882.83,
erne* u etu w o s ousssisn norms t»4»SA<mons.
*~~Hhure», both
Cleared. Trial Value,

MortM —
•
J 'ta a .IM 't. 1M 4M 00 L 6|U *fM 99
Jtjlf, v m » bJ/SffJ*wi «*§».£| -1.*>«0

>i*„MB!|. t8,SfeH
|K,M9 OtJr|
t •t»t,
\*&t. w j m M o j .I}**.**

IMMR- MWf. f>,t»1,1**> *,fH'W6,nof»
Jurh* USB, K M l’M t
r<?h-s KMB,

Jr**.

«mi

B m m ..., IT5.187,5*1 tf.Di-YAArt,*'**
17(IVO.7Q0 l/>»M,«no,000

July, iffigg. V&S&ojm

a tt*L p m , 11,hm, *on
m i j&tw&m•
I* * .
ftWM'Pt/KPl
Ort-t IHJ4.
s o j p 0 . 19JWM**> 1.4:1i J s u , 100
lhtd«lWi},
l,(rH4GG,id>j
Un., p*H. m.Ml.ltCkJ l/MtrtftW.iXW)
K>•*4,1m b ■ I£.**»fM Q
7+4 %«'»(Mo
i* BMB...S IftV.UlMOO

— — Balamres, one title. —»*% Sheetm

Shares, ValueShares, Cash,01ear’d
•

*

i.MM.790
l.l*»» t<#>
! *6?.4<W
$ jm M o
grm%..ma

lA m .m
9 U ,b ‘t»
lirl,$M.unn l,£o|.#too
t.nai.hoh
tjo i.ih O

¥V*7,i*0

%!fl7,4f«r>
Dft.TOO ftf»0
171,701000 MW.OM)

I.Mi.fcwi

m m ,7 m

M l7

^ 1

ld.*04.-VrG l.lVIJOM OO 17.73M 77

1,B*%0OO

1.790,900
M7G,7*»G

itijw w
MUH 100

M o t ,0 0 0

M44JOOO
f.O W JM
ll.70l.4W

&,***
6.M*0
0,1*9
« ,# §
ft.m s

&.7D5

n.tvrj
hm p
0,161

66,467

fOJOQtOOO
m jaiu#**
M.tww/joo
m iW .000

LV8M0O 0.89 ft
ujraMMt 0,01 r
g , f l / w a
l.MHH.OUO
I
WMrttRKi 51.at0.liWi
f 4,<¥»*/*<» “.Htl.nOG
i M \ mv»
60,300 .(WRI t,H00.O*iO

Sham, bothfUtet,—*, — Uolanr**, onefide,-- *** Sheelt
Cleared. Total Value. Shares, ValueShares, Catk.QUar'd,

,—

s
0 9 4 ,1 0 0 5 9 ,2 0 0 ,0 0 7
7 9 4 .9 0 0 40.1100,000
0 7 2 ,4 0 0 3 9 .4 0 0 .0 0 0
I., 0 5 3 ,0 0 0 3 0 ,7 0 0 .0 0 0
2 . . 1.08(4,000 7 1 ,1 0 0 ,0 0 0

F f ltj.s e ..
2 7 ..
•* 2H..

e»r,
*•

8 0 ,1 0 0
4 8 ,0 0 0
4 0 ,3 0 0
5 7 ,1 0 0
7 4 ,3 0 0

9
•
4 .2 0 0 ,0 0 0 1 5 9 ,1 0 0
3 ,2 0 0 ,0 0 0 O'MOO
2 ,9 0 0 .0 0 0 H9,0(40
S.SOO.OOO 0 0 .0 0 0
4 ,9 0 0 ,0 0 0 2 0 2 ,1 0 0

300
204
200
200
31i»*

rG t.w lE ,.4,140,aoO 2 4 5 ,0 0 0 ,0 0 0
W k laB ifrB ,413 .7 0 0 5 0 4 ,0 0 0 ,0 0 0
M ar.
1 ,0 2 5 ,0 0 0 0 2 ,0 0 0 ,0 0 0
“
0 . . 1 ,1 1 4 ,4 0 0 7 0 ,7 4 1 ,0 0 0
*' 7 ..1 ,1 5 4 .4 0 0 90,000.000
■
** 9 .. 1 ,1 9 0 ,1 0 0 7 9 ,2 0 0 ,0 0 0

• 1 1, !<») 1 7 ,5 0 0 ,0 0 0
0 1 4 ,1 0 0 9 7 ,5 0 0 ,0 0 0
7 0 .3 0 0 4 ,0 0 0 .0 0 0
9 0 ,3 0 0 5 ,1 0 0 .0 0 0
7 13 )00 d.ioo.Ofm
h i , K m
5 ,3 0 0 ,0 0 0
(15,200 5,H0 0 ,0 0 0

to t , w k , .5 ,4 7 9 ,2 0 0 3 0 2 ,3 4 1 ,0 0 0
W k l* ity r5 ,9 7 0 ,0 0 0 4 2 7 ,8 0 0 ,0 0 0

4 1 2 ,0 0 0 2 9 ,3 0 0 ,0 0 0 7 4 2 ,2 0 0 1 ,0 4 0
0 3 0 ,0 0 0 4 2 ,2 0 0 ,0 0 0 7 2 0 ,0 0 0 1,036

5H 0.500 1 ,5 1 4
1 ,2 4 0 ,4 0 0 1 ,7 1 4
7 3 .3 0 0
322
1 8 2 ,1 0 0
;ta u
170,2 10
327
uw
1 03,000
2 1 2 ,7 0 0
3«»

THE CHRONICLE.

418

The stocks cleared now are American Cotton Oil common,
American Sugar common, Atchison, Chicago Burlington &
Quincy, Chicago Gas, Chicago Milwaukee & St. Paul com
mon, Chicago & Northwestern, common, Chicago Rock Island
& Pacific, Delaware Lackawanna & Western, Distilling &
Cattle Feeding, General Electric, Lake Shore & Michigan
Southern, Louisville & Nashville, Manhattan, Missouri
Pacific, New York Central, New York & New England, New
York Lake Erie & Western, Northern Pacific preferred,
National Lead common, Philadelphia & Reading, Union Pa
cific and Western Union.

o n ctavvjfCCo mm cv ci al g n g U six2 Vcxus
( F r o m o u r o w n c o r r e s p o n d e n t .]

I VoL. LVI I.

by about 4 millions sterling, and the expenditure reduced by
nearly 2 millions sterling, an improvement of nearly
6 millions sterling. Further, he proposes a voluntary con
version of the 5 per cent Rente. The foreign holders are to
be offered a 4 per cent, free from taxation. Italian holders
are to be offered a4% per cent apparently liable to taxation, and
payable principal and interest in currency. At present there
is a tax of over one-half per cent upon the stock, so that the
real reduction or saving will be considerably less than onehalf per cent. It is stated that the conversion is to be
voluntary; but those who refuse to accept it must look forward
to a large increase in the taxation. The statement here is
generally regarded as both bold and statesman-like.
The Trustees, Executors and Securities Insurance Corpora
tion was one of the first trust companies founded here, and
it has been by far the most active in issuing all sorts of
companies. Directly it has promoted concerns with capitals
amounting to about 36 millions sterling since 1887, and it has
taken part in several other large issues. For a long time it
has been known to be in difficulties, and the shares have been
at a great discunt. Owing to the agitation of the shareholders,
the directors some months ago instructed an eminent firm of
auditors to examine the accounts and draw up a report. The
report has at last been published this week, and it shows a
deplorable state of things. Stated as briefly as possible, the
liabilities amount to about £865,758, which is, roughly, equal
to the unpaid capital. The capital of the corporation is 2
millions sterling, in £10 shares. Three pounds were originally
called up. In December last £2 10s. was called, of which
£1 5s. was payable in a few weeks, and £1 5s. on the last day
of this month. If this call is fully paid the called-up capital
will amount to £5 10s. per share, leaving £4 10s, still call
able.
The report on the Tiustees’ Corporation, the default of
Guatemala, and the proposal of the Italian Government to
reduce the interest on its debt to 4 per cent, have all depressed
business on the Stock Exchange this week. Practically
hardly anything is doing. Within the week Guatemala stock
has fallen about 19, or, roughly, nearly 50 per cent. Italian
fell about 3%, and the shareholders in the Trustees’ Corpora
tion are offering £4 per share to anyone who will take their
shares and free them from the liability. Speculation in every
direction has consequently been paralyzed. But for all that
there is still a fair amount of investment business going on
but it is confined however to the very best classes of securities.;
The following return shows the position of the Bans of
England, the Bank rate of discount, the price of consols, &c.,
compared with the last three years:

London, Saturday, February 24, 1894.
The Directors of the Bank of England on Thursday reduced
their rate of discount from 2% per cent to 2 per cent. The
Bank just now is exceptionally strong. The reserve amounts
to over .£22,600,000—the largest reserve that has been held for
many years. It should be observed, however, that under th
Bank Charter Act the Directors last week increased their auth
orized issue of notes by £350,000. The authorized issue is based
upon consols. Even subtracting this new issue from the
reserve it amounts to 22% millions sterling—the larges
reserve reported since 1879. The coin and bullion amount to
29% millions sterling, and gold is still coming in. There is
no demand for the metal for the Continent; money indeed is
falling in value everywhere. The general expectation, there
fore, is that the market will continue very easy for several
months to come.
On Wednesday the India Council as usual offered for
tender 50 lakhs of rupees in bills and telegraphic transfers,
and sold the whole amount at a little under Is. l%d. per
rupee. Since then it has sold small amounts each day by
special contract. There was a general expectation that the
Bank of Bengal rate would be raised on Thursday, but owing
to the large sales of bills the Calcutta market has been some
what relieved, and no change* has been made. Rates in
■Calcutta and Bombay consequently remain at 9 per cent,
Trade in India is fairly active, and at last exports are increas
in g, especially the export of rice from Burmah. From this
it seems probable that the Council will be able to sell pretty
freely for a couple of months to come. Rupee paper is not
quite so low as it was last week, but it is very low still, and
is tending downwards. And silver has had another
sharp fall. On Thursday it changed hands at 28%d. per
ounce and yesterday fell to 27%d. There is a universal
opinion here and in India that the Budget, which is ex
pected to be made known on the 22nd of March, will impose
1894.
1892.
1893.
1891.
heavy import and export duties. It is certain that there will
F eb . 21.
F eb . 22.
F eb. 24.
F eb. 25.
foe next year a very large deficiency, and therefore it is
£
£
£
£
presumed that there must be increased taxation. If an import C irc u latio n .............. v* . „ ............. . 23,948,070 21,511,490 24,590,555 22.615,300
9,501,883
P
u
b
lic
d
e
p
o
s
its
...............................
8,271,737
9,702.036
13,027,966
duty on silver is imposed, it is expected to be collected
O th e r d e p o s i t s ....... ........................ 27,886,038 28,909,724 28,078,745 28,469,885
immediately. But silver bought now could not be shipped G o v e rn m e n t s e c u r i tie s ................ 8,938.583 11,227,252 10,506,197 12,435,231
until next week, and therefore would not arrive until the O th e r s e c u ritie s ............................. 24,083,911 25,023,336 28,759,815 31,191,298
16.148,214
duty had come into effect. Consequently the demand for R e s e rv e ............................................. 22,601,698 19,176,014 16,719,759 23,3L3,541
Gold a n d b u llio n ........................... 29,749,768 27,237,501 24,880,314
India has completely ceased, which accounts for the further P ro p , a s s e ts to lia b ilitie s p e r c t . 60 3-16
44 1-16
51 5-16
S8«
3
3
B an k r a t e ......................... p e r ce n t. 2 F eb . 23.
2*
fa ll
99 9-16
96 15-18
2$£ p e r c e n t..................... .
98 11-16
95 15-16
On Thursday it was announced that the Government of CConsols
learing H o u se r e t u r n s ................ 131,308,000 122,368,000 120,665,000 124,367,000
Guatemala had suspended the payment of interest and the
Messrs. Pixley & Abell write as follows under date of
sinking fund on its foreign debt. The country defaulted
February 22:
about SO years ago, but in 1888 it entered into an arrangement
G o ld .—T h e B a n k o f E n g la n d c o n tin u e s to re c e iv e a ll a r r iv a ls , a n d
w ith the bondholders fixing the foreign debt at a little under s in c e w e l a s t w r o te £ 2 4 6 ,0 0 0 h a s b e e n p u rc h a s e d . S h ip m e n ts to
a million sterling, promising to pay on this amount 4 per cent G ib ra lta r, £ 2 ,0 0 0 . A r r i v a l s : C hili, £ 2 ,0 0 0 ; B o m b a y , £ 3 2 ,0 0 0 ; Cape
per annum, and to supply a sinking-fund of % per cent. T o w n , £ 8 5 ,0 0 0 ; W e st In d ie s , £ 7 1 ,0 0 0 . T o ta l, £ 2 1 0 ,0 0 0 .
S ilv e r.—A fte r r e m a in in g a t 29% d. fo r a fe w d a y s, th e d o w n w a rd
The arrangement has been faithfully carried out until now.
c o u rs e o f s ilv e r w a s r e s u m e d u n d e r la rg e s e llin g o rd e rs , c h ie fly Oman
The excuse offered by the Government is the heavy losses a tin g fro m N e w Y ork. T o -d ay th e p ric e is fix e d a t 2 3 ^ . , a f u r th e r
Buffered from the depreciation of silver.
fa ll of 3sd. S h ip m e n ts , F e b . 15 a n d 1 6 : I n d ia , £ 1 2 1 ,7 8 0 ; C h in a Signor Sonnino, the Italian Finance Minister, on Wednes £ 1 2 8 ,0 7 5 . A r r i v a ls : N ew Y o rk , £ 2 2 8 ,0 0 0 ; C h ili, £ 6 0 ,0 0 0 ; W e s t
day made his loDg-expected Budget statement for 1894-5. In d ie s £ 1 5 ,0 0 0 ; C ap e T o w n , £ 2 ,0 0 0 / T o ta l, £ 3 0 5 ,0 0 0 .
e x ic a n D o lla rs .—W hile q u o te d a t a b o u t th e s a m e p ric e a s silv er
H e estimates a deficit of 177 million lire, or a trifle over 7 th M
e r e h a v e b e e n so fe w to b e h a d t h a t u s u a lly m o re th a n q u o te d p ric e
millions sterling nominal, and he admits that there is a float h a s b e e n o b ta iu a b le . S h ip m e n ts to th e S tr a its , £ 2 0 ,2 0 0 . A rriv als
ing debt of 500 million lire, or 20 millions sterling. He proposes fro m N ew Y o rk , £ 7 ,0 0 0 .
to reduce expenditures by 45 million lire, or £1,800,000, of
The following shows the imports of cereal produce into the
■which 27 million lire, or rather more than a million sterling, United Kingdom during the first twenty-five weeks of the
is to be saved in the coming year. Further, he proposes new season compared with previous seasons:
taxes which he expects to yield 100 million lire, or 4 millions
IMPORTS,
1QQQ.Q4.
1809-0*?
1801-02
1890*91sterling. There is to be a general income-tax, an increase of
I m p o r ts o f w h e a t.o iy t.2 8 ,7 8 8 ,4 6 3 3 1 ,3 6 3 ,0 5 1 3 7 ,1 9 1 ,1 3 4 27,879,272
taxes on the profits from stocks and shares, an increase of B a r le y ............................. 1 6 ,9 0 7 ,1 8 5
9 ,4 0 5 ,0 1 3 1 1 ,9 9 1 ,8 2 3 H .9*?> 737
a t s . . . " ......................... 6 ,7 4 0 ,8 3 3
6 ,3 2 4 ,7 7 7 7 ,3 4 1 ,5 0 7
6,461,040
the succession duties, the price of salt, the liquor taxes, the O
P e a s ......... ....................... 1 ,4 2 0 ,9 3 1
1 ,2 6 3 ,6 5 9 1 ,6 9 1 ,1 6 8
9 6 b,72o
B
e
a
n
s
..............................
2
,5
6
8
,6
2
8
2
,3
1
6
,0
9
5
1
,8
8
3
,4
5
6
1,653,440
house and land tax, and several smaller taxes. If his plan is
In d ia n o o r n . ............... 1 5 ,2 5 6 ,1 5 8
1 3 ,9 8 5 ,8 9 7 1 2 ,0 5 0 ,7 3 1 13,093,999
adopted and can be carried out, the revenue will be increased F l o u r .............................. 9 ,3 9 6 ,2 4 1 1 0 ,5 5 0 ,6 1 7 9 ,1 1 2 ,4 2 5
7 ,3 3 0 ,7 4 /

THE CHRONICLE.

M as. ch 10, 1894,1

419

Supplies available for consumption (exclusive of stocks on

—Messrs. Blair & Co. offer at 101M and accrued interest,
and recommen d to investors, the new loan of the State of
Tennessee, $600,000 4% per eent penitentiary bonds, due Oct
1391-92.
1890-91.
37,191.131 27,379,272 ober 1, 1913, principal’ and interest payable"in gold. As offi
9,112,125
7,330,717 cially reported, the assessed valuation of the State of Tennes
16,133,018 20,335,276
see is $379,919,000. The tax rate is only 3 mills on the dollar,
62,711,575 55,545,295 and the revenues are largely in excess of all requirements.
323. Id.
32s, 36.
—The quarterly report of the Bank of America will be
36s. 2d.
32s. 36.
of wheat, flour aj d found in our advertising columns this week, and also those of
the following national banks: American Exchange, Mercan
tile, Gallatin, Fourth and Continental.
1892.
1893.
2,515,500
—The new -1J< per cent penitentiary bonds of the State of
2,708.000
404.000
4 2 5 .0 0 0
Tennesseee are offered at 101J^ and interest by Messrs. Blair
303.000
369.000
& Co. See advertisement in our S t a t e a n d 'C i t y D e p a r t 

September 1):

1393-91.
1892-93.
Wheat................eirt.28,783.463 31,363,051
imports Of flour........ 9.396,211 10,550,817
Sales of home-grown. 12,501,138 13,815,602
Total.................... 50,685,812 55,729,270
A ver, price wheat week.21a.
A verage price, season..26*.

lOd.
76,

25*. 7dL
27s. 14.

The following shows the quantities
maize afloat to the United Kingdom:
f h i $ w eek.

L a s t w eek.

Wheat....... .
firs. 2,112,000
Floor, equal to qrs. 389,000
Malse............... qrs.
551,000

2,423,000
371,000
117,000

m ent.

E n g lis h F in a n c ia l M a r k e ts —P e r C a b le ,

The daily closing quotations for securities. &e., at London
are reported by cable as follows for the week ending Mar. 9:
M on.

S a t.

Loruson,

Tues.

Wed.

: ‘2 7
27
27 H 1 27 a
99%
Cona(-A,ne<*,2% p e rc t* . 99%
9?7 js
99 h e
do fo r ac-eonnt.......... 9 0 ? ie
90%
0 9 41« f 99%
F t' cIare n te # (In P a r is ) f r . 99-70 99 42% 99-57% 99*60
IT. 8. 4§ of 1 9 0 7 . . . . ___*
68% • 68%
69%
C a n a d ia n P a e tfio ............. 68%
62%
62%
Ckle. MU. * 8 t . P a u l . . . . 60%
6 1%
94
91%
91%
IH lnois C e n tr a l................. 91%
130%
130
131
L a k e S h o re ......................... 130
18%
17%
18%
.-- jv l : fc :> ik v i a e .. 48%
51%
5 th
52%
M exican C e n tra l I s ........ 51%
102», 102%
103
N. Y, C e n tra l * H u d so n . 102%
17%
N Y. L ake E rie A W eet’n 17%
17% - 17%
85%
do
2 d c o n s ............. 65
85%
87%
N o rfo lk A W e s te rn , p re f.
N o rth e rn P a c ific p r e f ... 18%
19%
19%
19%
50%
51
P e n n s y lv a n ia .................... 50%
11%
n%
11%
P h ila d e lp h ia <k B e a d in g . 11%
10
O nion P a c if ic ................... 18%
19%
19
1AM
W ab ash p r e f ..................... 11%
11%
11%

T hur,
27%
1 99%
99%
99*80

' 274,8
09«te
9911,6
99*90

68%
63%
91%
130%
18%
32%
103
17%
38

98%
62%
9 i%
130%
17%
102%
17%
87%

18%
51%
11%
194
11%

18%
51%
u%
18%
14%

(Commercialand m iscellaneous 3jteius
Imports a no E xports f o r t h * W eek ,—The following are
the imports at New York for ttie week ending for dry good
March 1 and for the week ending for general merchandise
March 2 ; also totals since the beginning of the first week in
January, g
vorkios i»roars at skw tork.
f a r Week

18 9 2 .

18 9 1 .

D ry
....
B e n i m e t'd l» e .

# 2 ,0 5 1 ,8 9 1
8 ,2 2 8 .1 5 9

18 9 3 .

1891.

* 2 .9 11.121
9 .1 6 7 ,1 9 6

# 3 ,5 1 1 ,2 1 0
I 2 ,2 3 l.3 0 «

# 1 ,6 1 0 ,5 2 2
9,*0-1,603

# 1 2 ,1 1 1 ,0 1 7

$ 1 5 ,7 4 5 .5 1 *

$ 1 0 ,9 5 3 ,1 2 5

T o t a l ........... - # 1 0 .8 8 1 .0 5 3
th r u . J a n . X.
D ry p e e d * . . . . . ; #2-8,551,457
O e n l m e P d la e .:; 0 5 ,8 1 7 ,2 8 7

$ 2 7 ,1 1 2 . O u t # 3 2 ,3 7 2 ,4 5 3 $17,332,0*27
00,762-,373.
8 1 ,4 0 0 .8 S i, 5 1 ,3 0 4 .2 9 5

T otaJ 9 w e e to . „1 * 9 4 .3 8 8 .7 1 1

* 9 6 .1 7 1 ,3 7 7 * U 0 ,7 7 : U « 7

1891.

j

1892.

j Bid.
........

A tla n tic A r e .. B r o o k ly n ..

(Sen. M. 5s, 1909... A AO 100
Bleek. Sr. A Fu). F . - S t k .
30
1 st m ort., 7», 1900.Jv^J 108 . . . . .
B*way «fc-7th A m -—Stock. 135
1s £ m ort.. as, 1904 J A D 104 ... 2d m o r t, 5s, 1 9 U .. J & J 103 . .. .. .
B ’w ay 1 s U 3s. gttar. 192 i 103
2d S'*. -Lit. a-?4 r».-iu‘l . ]iH>5
Consol 5**. iiU
J#£i UrJ 102 4
Brooklyn c ity —Now -i k : $2 % 1 *43
Co m o L 5 a, Ui*U. . J& J 107 109
B’k tyn CrcHH'u 5s, 1903'105
B rooklrn T ra c tio n . . . . . . . . 10
IS
Central C rm m ow rt- S tic .. 185
—
b l mort, , Os, 1022. M A N \ 15 130
Ces. Pk.N .A E.HlT. —Btk M»> 145
OonaoL7% £ 9 0 3 ,...JifcD UO
... ..
C h T itty r & 10U» S t.- S tk . 125 130
lo t mo r t- i m s . . . . a AO. 105
-

D. D. E. B.
B a f y - S t k . . 123
1st, gold, 5s, 1932. J £ D 100
S c r i p . . . . . ......... ... . . . . | 98
..
■!E ighth A rena© —S tock*.. J* - ... 236
Scrip, 6s. 1914....... .........100
™
42d <&G y. St, F e r.—S to c k 3 .......
42d St. A Maimfc S t,N . A v. 40
1st m ort. 6st 19i0..M<fcS 110
2d m o rt income
H , W. St. #£ P, P e r —S tk . 200
1s t inert., 7 s, 1S94. J <feJ|l0 1
Lozt? Isla n d T ractio n -.... 1S-k 19 x4
M etropolitan T rac tio n .. , 101 Hl IOI'Vj

1893.

1994.

For the week.. •0,0292170. #7,230.530
$8,216,517
Prev. reported. 51,32 4,018 87,583,703
57,332,103
Total 9 week#.. $59,953,9941 *74,8 It ,293 $57,787.99# $05.548,950

GAB C O M P A N IE S .

M

.

O re a i B r ita in .............
F r a n c e ,.............. ...........
O e r r u m y .....................
Wm% l nclieti. . . . . , . . . . .
M * x im . . . . . . . . . . . . . . . .

Export**
S t m t J a n , 1,

* 1 ,2 5 0 ,0 0 0

* 1 .2 5 1 ^ 0 0

5 3 0 ,4 1 2

4 ,1 5 1 ,7 9 5
3 .0 0 0
5 3 ,6 5 0
97^30

-All o th e r c o u n trie s .
T o ta l 1 8 9 4 ...........
T o ta l 1 8 9 3 ...........
T o ta l 1 8 9 2 ........
m im r .

$ 1 ,7 9 6 ,4 1 2
8 7 3 ,0 0 0
3 .6 6 1 ,2 0 3

#.->,857.075
2 6 .3 s j .t U 9 ,1 1 7 .6 1 3
MtpQTitt,

Week,
O re a t B r tta ln ....... ..
P r a n c e ....... ................
G e n o s a y .....................
W est re a p s# ........... ..
M e x ic o ..............
fkm tb A n se rlra . ........
•AO s)th
T o tal 1 8 9 4 ...........
T o ta l 1 8 9 3 ...........
T o ta l 1 9 9 2 ...........

w m sm

12,37.3
1,5 5 9
$807*074

W eek.
$ # ,3 9 .’
8 8 8 ,0 9 7
1 14.750
8 ,8 2 0
190
iMm

120

im ~ *
105
\u

People-’* t Brrwklym

so

Bid.

82

136
133
100
132
105

Bonds, S».
....... 100
S tam tanl p ro !............
75
C o m m o n .,..___ . .. ....

184
80

35

Auction Sales*—Amouaf other securities the following, not
regularly dealt in at the Board, were recently sold at auction:
By Messrs,. R, V, Barnett <5t Co.;
S h a tm ,
100 Merchant** Exdm bgv National B a o k .,.,,,. . . . . . . . . . . . . . . . .....1 1 9

By Messrs. Adrian II. Muller & Son :
Share*,

50 U n ite d N. J , HR- A C a n 
a l C<># ........
230
1
B a n k ,..1 1 9 5
2 0 N a tio n a l F a r * B a n k ........ 271
2 0 S . V. U fa ln», A T r. C o .6 8 0
3 0 U n ite d .S ta te * T r e a t C o ,-8 3 0
8 6 F*o|<lv'» B a n k ................ .271
H
N at, B ank 93
122 C H iseli*' N a t. R a n k
135
5 7 Sfct, B rem dw »y B a n k . ..2 2 6
10 H a n o v e r N a t. B a n k . . . . . 5 2 0
-11 O aU atiu N at. H a n k . . . . . . 2 9 0

UK M

A*». HR Co,,.,,251

9 0 0 M u n icip al K lecttto-JU gbt
Co. o f B r o o k ly n ..............11 6
7 5 K0WM4 R a n k . . . . . . 160**-! 81

27 Sat. Rank of Comoaetoe,

175%-177%

‘i l l A m e ric a n E x . N at. B unk,
118% 1 81
B oufls.
$333*69 N. V, C ity A N o rte .
K it !»t M, A s.f. b o n d s c rip . $ 6
# 8 ,0 0 0 M ort. 9 p . c., n o te
o f K<-y«tone f n v e s tm ’t ;
Co,, d u e M a rc h 12, o n '

property at West 8upo I

r l« r . Wl#..........................
$ 7 ,8 0 0 .Mort. 9 p .
n o te

at I#*uox Invertaient

s . , ann

J* i *'

Co , d u o M ay 7. 1806,
o n p ro p e rly a t W est

Superior. WU.............

$ 1 8 0 H al. o f lo t. c o lle c te d
o n -id d tw o n o t e * . . . , . , i
8 2 8 ,0 0 0 N o. H u d so n Co. Hy.
(N .J.i I *t c o o . •> *,1928,7*3.100
$ 0 ,0 0 0 E lm ira M u n lcip . Im p .
Co. 1st c o s* . 5 s, 10 12, O ct,,
18 9 3 , c o u p o n # o n . .................. 2 5

S t m t J a.n, l .
#342,3159
1 ,1 6 5 .5 8 7
312,117
17.978
10.155
1 2 1 .626
15,9 31

# 2 .2 1 5 ,7 0 0
6 ,0 3 5
170,751
4 1 6 ,7 2 0
2 .9 0 3 ,3 82
Im p a r t,.
W m k,

*'*
140

.T lilitt A v e n u e .. . . . . . . . . . . . 1170
175
1st m ort,, as. 1937 JA ,J. I U
115
(Tw O B ^-T hliN l.et—St ook.J 29 0 _

M etropolitan <B rooklyn>.
W illiam sburg ...............
■ Bondi*, 0 # . 7 .. .. .. .. .. .. .. .
Pulton M u n icip al.. . . . . . .
Btmilfl, 6a..........

8 7 % T h ird A v e n u e HR. C o ...l7 » %
10 T itle G u a r te te s A T r Co. 173
15 E m p ire C ity F ire I n - C<> 67
2 0 R a n te r* F ir e tn » . Co, . .. 1 1 5

Im p.Wktm

Week.

. . . . 134

1st mort-., os, 1909. Mdtfr ........... 102
S ix th A venue—S tc c k . . . . II90 200

GAS C O M P A N IE S .

Bid.
no
UO

Brooklyn
. .. ..
c e & tm .............
* ..
(B rooklynv.. . . . .
C ity A Hoi»ok«B,.
M eiropoUtan—Boad»., . ...
M a ta a ifN . V. .........
CBtoAkljnBi...

The following table shows the ex n o m and imports of specie 100 Nat. H'k©I (be Republic. 152%
at the port of New York for the week ending March 3 and since 125 H e rm a n liiH -r. B 'Jr..117-118
8 7 M e rc h a n t* ’ N a t 0 k , 139% 112
January 1 ,18W. and for the corresponding periods in 1793
18 M a n h a tta n (.’«• B a n k .. .. 1 9 0

_______ rxpobts *n> imports op srecta it saw rottx

Ninth A t e o u e ___ . . .

Second A venue—Stock. ..1 1 8

N. Y. and Brooklyn 0as Securities—Brokers’ Quotations,

S&mrfM,

The imports of dry goods for one week later will be found
in our report of the dry goods trade.
The following is a statem ent of the exports exclusive of
specie) front the port of New York to foreign ports for the
week ending March ii and from Jan u ary l to date:
exports pboh sew route »o« tub week.
j

City Railroad Securities—Bookers’ Quotations,

r r \.

jBuuUtus ami fin a n cia l.
U nited S tates C urrency

Paying 3 per cent per annum; a limited amount for sale by
CAHOONE

$300
1,287

$ 4 ,4 13
£,251

493125
12,375
11,980
1 4 ,0 6 5

SOO
35

4.0 95
72.5 35
ISO 193
7 ,5 6 8

f 7 , 1 19,3 4 0
S,07‘2,f»74
4 ,7 1 2 ,9 3 2

8 2 .1 2 2
5 9 5 .9 2 1
3 0 ,7 5 9

$21 ,*,#55
1 .1 9 2 .1 0 6
2 8 1 ,7 8 3

exports during the same tim e $1.273.500 were American gold
cote.

WESCOTT, 18 Wall Street,

&

N . Y.

Co.,

BANKERS,
SO

U W A L L ST ., N E W Y O R K .

S amvel D, Da via.

C has. B. V an N ostraNH.

THE MERCANTILE NATIONAL BAN*
O F T U B C IT V O F H K W Y O R K *
N o. 191 B ro a d w a y ,

Of the above imports for the week in 1891 $-((,,712 were Capital.

American gold coin and $835 American silver coin. Of tbe

k

S amuel D. D avis

Mim e J a n , X.

$ 7 ,2 1 7 ,1 3 1
1 4 3 ,0 0 0

ixes

•

$ 1 ,0 0 0 ,0 0 0 1S u rplu s F u n d , - 81,000,-

WILLIAM F . 8T. JO H N , P r c ld e n t, | FRKl) BRICK B, BOBBMCK, C aai‘
JAM 13 V. LOTT, A M l . tent CMhler.
a o c o t s t s s o l i til r e u .

O

420

THE CHRONICLE.

v o i .L v i n

Posted rates of leading bankers are as follows :

JJIxc ja n k e r s ' (G aze tte .

M arch 9.

DIVIDENDS.
Per
Cent.

N a m e o f C o m p a n y.

lio ilro ad N .

B o s to n <fe A lb a n y (q u a r .) ..............
C h ic a g o A E a s t l l l s .p r e f . (q u a r.)
C liio. M il. & S t P a u l, p r e f .............
do
do
do
c o m . . . ........
C lcv.C in. C hic. & S t. L ,p f.( q u a r .)
N . Y. & H a rle m , p re f. a n d c o m ..
S o u th w e s t P e n n s y lv a n ia ..............

When
Payable.

B ooks Closed.
(D a ys inclusive.)

2
1*3

M ar. 31 M ar. 11 to A p ril
A p ril 2 M ar. 15 to A p ril

1
2

3
5
4

A p ril
A p ril
A p ril

2 M ar. 16 to A p ril 2
1 — ----- to --------2

1*4
1%

A p ril

2 ;M ar. 2 2 to A p ril

2

W A L L S T R E E T . F R ID A Y . M A R C H 9. 1 S 9 4 -5 F . M .

The Money Market and Financial Situation.—At the
Stock Exchange the situation has gained strength and the
improvement noted last week has been fully maintained.
We interpret this as the beginning of a more healthy senti
ment, that is likely to last, and a determination to break
away from the “ hoodoo ” that has been thrown over business
circles by the action (or inaction) of Congress.
There have been a number of special events to stimulate
activity. The Erie stockholders’ meeting approved of the new
$70,000 000 loan; the Reading Coal & Iron Company’s $5,000,"
OOOcoal notes were approved by Judge Dallas, and the famous
f-ipeyer loan of $2,500,000 was actually paid olf on Monday;
the Richmond Terminal plan was furthered by the acquies
cence of the Baltimore committee of Richmond & Danville
underlying bondholders; the St. Paul dividend of 2 per cent
on common stock was declared; the tariff bill was reported to
the Senate Finance Committee on Thursday, and sugar, coal
and iron interests were found to have obtained a moderate
,,protection.
One of the best features of the week is the larger business
in railroad bonds throughout the list, apparently showing the
return of an investment demand that has long been repressed
by lack of confidence. It is possible that a continuance of the
(better tone will soon lead to foreign buying.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from % to 1% per cent,
the average being 1 per cent. To-day rates on call were 1 to
1% Per cent. Prime commercial paper quoted at 3 to 4 per
cent.
The Bank of England weekly statement on Thursday
/showed an increase in bullion of £298,061 and the percentage
•of reserve to liabilities was 60‘32 against 56 68 last week ; the
discount rate remains unchanged at 2 per cent. The Bank
of France shows an increase of 1,525,000 francs in gold and
1,350,000 francs in silver.
The New York City Clearing-House banks in their statement
of March 3 showed an increase in the reserve held of
$761,100 and a surplus over the required reserve of
$75,778,5 00, against $74,767,500 the previous week.

C a p ita l...................
S u r p l u s .................
.L oans & d isc ’n ts .
• C ir c u la tio n . . . . .
2^et d e p o s its ........
S p e c ie .....................
L e g a l te n d e r s ___
R e s e r v e h e ld .......
L e g a l r e s e i v e ___
S u r p lu s re s e r v e

1894.
Lfar. 3.

D iffer en'sfrom
Prev. week.

$
5 9 ,9 2 2 ,7 0 0
7 3 ,0 1 5 ,2 0 0
4 3 9 ,3 0 3 ,4 0 0
1 1 ,6 4 0 ,0 0 0
5 3 1 .7 4 1 .2 0 0
9 7 ,5 2 6 ,3 0 0
1 1 1 ,1 8 7 ,9 0 0
2 0 8 .7 1 4 .2 0 0
1 3 2 ,9 3 5 ,3 0 0

$

M ar. 4.

1893.

1892.
M ar. 5.

D ec. 1 ,9 1 4 ,2 0 0
D ec.
2 3 ,6 0 0
D ec. 1 ,0 0 1 ,2 0 0
D ec. 3 8 9 ,3 0 0
In c .1 ,1 5 0 ,4 0 0
I n c . 7 6 1 ,1 0 0
D ec. 2 5 0 ,3 0 0

$
6 0 .4 2 2 .7 0 0
6 9 .1 9 1 ,6 0 0
4 5 2 ,9 1 7 ,4 0 0
5 ,6 4 0 ,4 0 0
4 6 2 ,0 0 4 ,3 0 0
7 2 ,3 5 3 ,5 0 0
4 9 .6 5 0 .7 0 0
1 2 2 ,0 0 4 ,2 0 0
1 1 5 ,5 0 1 ,0 7 5

$
5 9 ,3 7 2 ,7 00
66 ,0 0 7 ,9 00
4 8 8 ,6 7 5 ,3 0 0
5 ,5 9 8 ,0 0 0
5 3 3 ,5 7 8 ,7 0 0
1 0 4 ,4 7 9 ,8 0 0
5 0 ,2 0 7 ,1 0 0
1 5 4 ,6 8 6 ,9 00
133 ,3 9 1 ,6 75

7 5 ,7 7 8 ,9 0 0 I n c . 1 ,0 1 1 ,4 0 0

6 ,5 0 3 ,1 2 5

21 ,2 9 2 ,2 25

I>em and.

United States Bonds.—Quotations are as follows:

3>s? A p ril 19 M ar. 2 5 to A p ril 19
2 , > A p ril 2 M ar. 18 to A p ril 2
1*4

m is c e lla n e o u s .
C o m m e rc ia l C ab le ( q u a r .) ...........

S ix ty D ays.

P rim e b a n k e r s ’ s te r lin g b ills ozt L o n d o n ..
4 38
4 89>s
P rim e c o m m e r c ia l- .......................................
4 8 6 i « a 4 S6Si
D o c u m e n ta ry c o m m e r c i a l .. .. .. ............... 4 86 ® 4 86*4
5 17>4®5 1 6 78 5 15% ® 5 15
A m s te rd a m (g u ild ers) b a n k e r s ..................... 40>4®- 4 05ie 4 0 q 6® 4 0 ia
F r a n k f o r t o r B re m e n (re io h m a rk s ),b ?h k e r8
95 *8 a 9 5 j * 95>s® 95»a

Foreign Exchange.—Commercial bills are still in moderate
supply and bankers’ rates for sterling remain very firm
around the gold-shipping point. There have been no signs of
much foreign buying of our securities yet, but if our stock and
►.bond markets continue to improve it seems probable that for
eign buyers will take hold.
To-day actual rates of exchange were as follows:
Bankers’ sixty days sterling, 4 87%@4 87%; demand, 4 88%
@4 89 ; cables, 4 89@4 89%.
The following were the rates of domestic exchange on Re w
York at the under-mentioned cities to-day: Savannah, buying
par, selling % premium; Charleston, buying par, selling %
premium; New Orleans, bank, $P50 premium; commer
cial $1 00 premium; Chicago, 50c. per $1,000 premium; St,
Louis 90c. premium.

Mar.

Interest M ar.
Periods
3.
2 s , . . . . . . . . . . . . . .re g .
4s, 1 9 0 7 ................. re g .
4s, 1 9 0 7 ............. coup.
5s, gold, 1904 .croup.
5s, g o ld , 1 9 0 4 . . .r e g .
6s, o a r ’c y ,’9 5 ___re g .
6s, o u r ’c y / 9 6 ___ re g .
6s, o a r 'o y / 9 7 ___ reg.
6s, c u r ’c y ,’9 8 . .. .r e g .
6s, c n r ,c y ,’99*....rejr.

* 96
* 112 %
*114
M l? ! *
*11738
& J. *102
& J . *104
<fe J . *107
<fe J . *110
& J . *113

►.-Mob.
[.-J a n .
> .-Jan .
Q .- F eb.
Q .- F e b .

J•
J.
J.
J.
J.

5:

M ar.

6.

Mar.
7.

* 96 * 9 6 * 96
11'27q *112% *312%
114 *114 i*114
11738 *11738 1 1 7 ^
rll7 3 e U 719 ; 12733
>102
>102
102
>104 * >104
104
r10 7
>107
107
>110
110
*110
113
113 *113

M ar.
8.

Mar.

96
112 %
114
117%
*11738
102
104
107
110
*113

* 96
* 112 %
*114
*11738
*11738

9.

*102

*104
*107
110
*113

•Thisis the price bid at the morning board; no s a le was made.

Coins.—Following are current quotations in gold for coins:
S o v e re ig n s.........$ 4
86
N a p o le o n s......... 3
87
X X R e ic lim a rk s 4 7 0
25 P e s e t a s .......... 4 7 5
S pan. D o u bloons. 15 55
M ex. D o u b lo o n s. 15 5-5
F in e g o ld b a r s
par

® $4 90
® 3 92
® 4 80
^ 4 85
^ 1 5 75
fb lo 75
'cb 34 prern.

F in e s ilv e r b a r s . . — 5 9 — 603«
F iv e f r a u o s ...........— 9 0 @ — 9 5
M ex io a n d o lla rs .. — 48 'a) — 5 0
D o u u c o in ’c ia l.. ------ @ — —
P e ru v ia n s o l s ___— 45. ^ — 5 0
E n g lis h - s ilv e r___ 4 8 0 -s> 4 9 0
U .S. tr a d e d o lla rs — 55* 'a> — 6 5

Dnited States Sub-Treasury.—The following table shows
receipts and payments at the Sub-Treasury.
D ate.

B a la n c e s
R e c e ip ts.

P a y m e n ts .

3
5
6
7
8
9

$
1 .7 1 8 ,9 7 3
2 ,4 7 9 ,0 0 6
2 ,7 1 8 ,8 6 9
2 ,2 7 6 ,7 2 3
3 ,3 0 6 ,3 2 0
4 ,1 8 5 ,9 1 4

$
2 ,0 1 2 ,6 4 8
2 ,5 0 4 ,3 8 4
2 ,4 7 0 ,6 6 7
1 ,9 9 3 ,4 4 1
2 ,0 0 0 ,4 1 8
2 ,3 4 9 ,6 2 8

T o ta l

1 6 ,6 8 5 ,8 0 5

1 3 ,3 3 1 ,1 8 6

M ar.
“
“
“
“
“

C oin.
$
95,117,09-3
9 5 ,1 8 3 ,2 8 6
9 5 ,1 5 0 ,7 3 0
9 5 ,0 9 9 ,5 5 5
9 5 ,1 0 6 ,3 0 2
9 6 ,0 9 5 ,4 0 2

C o in Cert*8. C u rre n cy .
$
9 8 6 ,3 8 7
8 0 9 .4 9 3
8 4 5 .3 7 9
1 ,0 0 1 ,3 6 2
1 ,1 5 9 ,8 1 5
8 8 4 ,7 4 5

$
4 3 .5 5 9 ,6 1 9
4 3 ,6 4 4 ,8 8 2
4 3 ,8 8 9 ,7 5 4
4 4 ,0 6 8 ,2 2 8
4 5 ,2 0 8 ,9 3 0
4 6 ,3 3 1 ,1 8 6

................ 1 .................

State and Railroad Bonds.—The Virginia 2-3s of 1991 have
been steady and $27,000 were sold at 50%;%; $115-,.000 Va. 6s
defd. tr. reepts., stpd., sold at 6 to 7 •, $5,000 Tenn. settlt. 3s in
small lots at 76-77, and $6,000 of some small denominations at
73%; $5,000 Ala. class B. at 102%$10,000 S, C. 6s, nonfundable, at 2%.
Railroad bonds have shown a much better business and the
improvement of last week has been fully sustained. Among
the leading bonds Atchison 1st 4s have advanced sharply on
good buying, and close at 74%, with the 2d. 3-4s, class A, at
35%. The Colorado Midland bonds have also been active and
close at 31 for the 4s. Philadelphia & Reading bonds have
been strong, as usual of late, and the general mort. 4s were
in demand, closing at 76%, while the pref. incomes showed
rather less improvement. Richmond Terminal bonds are
strong at their advance, on the good, prospects for the present
plan of reorganization. Erie 2d consols have advanced to
85% on a moderate business sin.se the authorization of the
new $70,000,000 loan by the stockholders,, though it would
seem that the necessity of contributing $900 in cash for each
$4,000 bonds owned would naturally temper the eagerness of
buyers. Many other bonds have been more or less active,
and throughout the list there has been good buying, usually
at firmer prices, as may be seen by the quotations on another
page.
Railroad and Miscellaneous Stocks.—The stock market
this week has been treated to a genuine sensation. Sugar has
been pre-eminently the leader, and on Tuesday surprised the
market, after opening at 89. and declining to 88, by a rise on
large dealings to 91%, and thence rushing up to 100 on small
purchases and declining almost as quickly to 91 ; at the top
price of 100 only 400 shares were sold. That this move was
caused by speculative manipulation is very clear, but the pre
cise methods used and the parties who gained and lost are not
so well known. The trading in Sugar stock has been very
large all the week, with wide fluctuations, closing, to-day at
89%, and it is hardly to be supposed that those having inside
information have been the losers. The balance of the stock
market has generally been strong. General Electric has heen
prominent, advancing on large dealings to 45%, on the re
ports of improvement in the company’s financial condition*
large contracts obtained, and buying by those on the inside,
but closes at 43%. Distilling & C. F. since the “Washington
report of $1 10 as the whisky tax sold to-day up to 27%,
and closes at 26%. The grangers were fortified by
the declaration of the 2 per cent dividend on St. Paul com
mon. Western Union has been pretty steady, but closes
easier at 86. National Lead has been active but pretty
steady!) and since the reported duty on lead closes at 31%.

THE CHRONICLE.

March 10, 1S94.]

421

NEW YOBK STOCK EXCHANGE—A C T IV E STOCKS fo r week ending M A R C H 9 , and since J A N . 1 , 1 8 9 4 .
H IG H E S T A N D L O W E S T P R IC E S
M arch

T

M a rc h 5.

T uesday,
M a rc h 6.

W e d n e s d a y ,! T h u r s d a y ,
M arch 7. j M a rc h 8.

12% 13%
12
12% 13
*%
1%;
"7s m
IH
7
2
72% ’
71
72
71
70
•66% 67% '
67
'6 6
67*3 6 7
50% 50%
*50
50*3 M ’s 50%
116% 1 16% ’
'115*3 116
1 1 6 116
17% 1 7 V
17% 17%' 17% IS
1 3 5 7 . 133% 1 3 4 134
*133 i a s
79
80%
7 7 % 7 8 * . 78 % 79%
*55
60
*95
97
•05
07
0 0 % 61%
59
6 0o%i 6 0 % 0 2
1 2 0 % 1 20 V 1 2 0 1 2 0 % 1 2 0 120
20-4 10-1% 1 04% 105% 104% 1 0 5
138% 140
1 41 141 ; 141 141
69 % 7 0%
68% 68%j 6 9 % 7 0%
37% 3 8 a,
37% 37%! 37 % 38%
1 1 2 113
-1 1 1 112% 1 1 2 113
38 % 38%
38
38 i 38% 38%
19%
*60
135%
163%
•9%
29%

-5 8
102
•91%
*7%
30
*14%
'6 4
126%
-9 8
46 %
JM
■31%
*1%
125
*98
*10%
*29
*12V
23 %
23 %
*16%
*70
99
15 %
*68
*31%
16%
*..........
10
•1 7 8

19%; 19%
6 6 i -6 0
1 35% 13.7%
1 6 3 % :'1 6 3
11
29%
30

61
102
92%
8
3o
15%
63
126%
10O
48%
J 7*
33
5
125
937,
11
32%
13%
23%
23%
ISA.
78
99%
13%
70 ■
32%
16%
36
10%
184

12 % 1 4 ! 13% 14%
*%
1%
7 3 S 73%
72 %
72
67% 67% ' *66% 67%
5 1% 51%
5 0% 51%
1 16% 1 16% 1 1 6 117%
18
1 8 % ' 18
18%
1 3 4 1 3 4 •1 3 5 1 3 9
787- 81
7 9% 8 1
•5 5
60
90
96%
n3J 61*3 62%
6 0 % 6 2%
121 121 *120 121%
104% 105 V 104% 1 03%
1 40% 140% *139 140%
69
“
60% 7 0 H
37% 38 V
37% 38%
113** 111
113
38
38
38 V

•1 9 %
1 9% 2 0
19%
*60
66
*60
66
135% 135% 137.% 1 35%
165
166% 1 65% 1 6 7
10
10
*9%
30
29%
2 9% 29%

*58
61
*58
61
10 1 % 1 0 1 % 102 105
9 2% 92% *91% 92%
8
8%
8%
8%
30
31
31%J 3 0
1 5 % 15%
15 % 15%
63
65
05
66%
127% 128% 1 27% 127%
99
99
97% 97%
4 7 % 4 7%
4 6 % 47%
8 % 8% V
8%
*31 Ss 3 3 V *31% 33
H **
5
5
*1%
125 120
1 2 5 125%
98*9 9* h
9 8% 98%
10% 1***3
10% lo %
*29
32
*29
32
13»* 1 3 4
13% 13%
24
21
2 4%
21%
24
24%
23% 24%
*10% 18% *10% 18
•71
78
*70
78
100 100% 1 6 0 100% l
13
HI
15% 16
o
*68
. . . . . . 70
3 2 % 3 J \ *32
33
1 8 V 17
17
17%
3 7% 3 8
10% 11%
11% 11%
183 103
170 181

‘*15% *18% -*16% **16%
*15% 16
15% 16%
*44% 4 5 %| 4 5 % 4 6
6
6
20% 20 %
20% 20 %
-il
4% 4 % 4%
ia
18
18% 19
*25
50
50
*23
33
25
30
*35
*8% 8
*0%
4%j
*4%
4%
4%
31 % 22% 2 1*- 22%
14
H%( 1 4 % 14%
30
45
49
49
4% 4%
4%
4%
*18
18
*16% 19

**»•% 16%
16% 16%
46
46%
£0
4%
1*4
•8 5
*30
*6%
*44
21%
*13%
*4*
t%
18%

20

61
102%
92

0%

30%
15%
« «%
127
99%
m4 7
8%
3 2 ’,
* 1%
1 24%
* 10 %

3 0%
13%
2 4%
24%
*16%
•7 0
*15%
*07%
*31
47
38%
11%
183
10
20

4%
4%
18%
18%
50
*25
35
30
*
*7
5
4%
21V
14% *13%
m
40
iV
4%
18%

•4

4%
*8%
9
25
*33
85 160
*103 105
23% 33%

*4
4%
4% *4
9
8%
8
8%
*23
as
*#*.' 1 0 0
102 108
102 lo ft
23% 24%
24% 24%
8%
8%
8%
8%j •8%
7% '
7%
7%
7%
§
40 40
40 |
*69 7 4 1 •6 9
74
•0 9
18% 18%, 10% U
16% 18%
*jS»
*s
6
8 I *5
7
•6% 7% i 6 %
*6V
14% 14 V; 1 3 V i t
13% 13%
13
1-4 i 13% 13%
12% 19%
48% 48%
♦0% i - ■, 48 V 48 V
7%
7%, • 7

I
Sj

25%
*

86%

83%

§5**
94%
82%
*10

26%
67% .
83
86
75%
94%
03%
10%

26%
07%
05 %
80
7 5%
94%
62%

*10

27%
68 t
90

89%

SiS

10%
35%
126%
35 V
43%;
10 I

27% 27%
m
04
m
100
9*1
m>
75
73%
0 1 % 94%
fll*4 m
• lo
u
•2 5
20
120% 1 2 8
21% 2 0
42*% 43
13% 15%
*31
35
30
28
75
75V
4%
*1 2 % i n
17
17%
81% 8 1 %
1 69% 1 7 0

*34%
147
21%
40%
13%
*31
26%
*73
4%
*14
*16%
80%
169
*58%
18%

34
127
23%
41%
13%
35
27%
7.1%
4%
16
17%
90%
169
59%
19

35%
12 «%
2.4
41%
*15%
•31
27%
7 3%
4
*13%

19%

1 9 %i

19%

am *

20

39%

39%
85 V

*39
85 %

40
88V i

397 ,

40
97%

40

85%

as

30%
75 i
4
15 i
17%)
81 % 01 %
109% 1 6 # 1-:

8 6%

80%
*Thee« a r t b id a n d a w e d : n o s a le m a d e .

F r id a y ,
M arch 9.

STO CK S.

S a le s o f
th e
W eek.
S h a re s.

R a n g e f o r y e a r 1894.
L o w e st.

H ig h e s t.

A c tiv e H R . S to c k s .

2 7,299, 9 Tg J a n .
14% M ar. 8
14% A tc h iso n T o p e k a A S a n ta F e
..........)
% Jan.
A tla n tic & P a e iflc ......................
1% Feb. 6
B
a
ltim
o
re
A
O
h
io
.....................
.
2 ,1 9 6 6 7 J a n .
73% M ar. 8
73%
3 0 0 6 7 F eb. 27 73% J a n . 1 8
* 66%
67% C a n a d ia n P a c i f i c .. ...................
50% 51 C a n a d a S o u t h e r n ......................
2 ,1 8 6 4 7 J a n . 3 51% F e b . X
1 ,9 9 6 111 J a n . 3 117% M ar. 8
117% 117% C e n tra l o f N ew J e r s e y ............
C
h
esa
p
ea
k
e
A
O
.,
v
o
t.
t
r
.
c
e
r
t.
4
,9 4 2 16% J a n . 2 18% M ar. 8
18
18
4 0 13 0 F e b . 12 137 J a n . 1 3
*135 138 C hicago A A l t o n .........................
7 9 7 , 80% C h icag o B u r lin g to n A Q u in c y 1 0 1 ,8 4 0
3% J a n .
61% M ar. 7
55 Feb,
C h icag o A E a s t e r n I l l i n o i s . ..
55 F eb. 2 7
97
97
182 93% J a n .
Do
p re f.
97 J a n . 18
61% 62% C h icag o M ilw au k e e A S t. P a u l 1 81,628 54 % J a n .
62% M ar. 7
122
122 %
122% M ar. 9
1.1 5 8 1 1 6 J a n .
Do
p re f.
1047, 105% C h icag o A N o r th w e s t e r n ........
6,5 5 2 9 7 J a n .
105% M ar. 8
139% 139%
Do
[ .r e f 
1,907 135% J a n .
141 M ar. 5
69% 69% o ld c a g e R o ck I s la n d A P a c ific 27,041 61% J a n .
70% M ar. 7
37% 38% C hicago S t. P a u l M inn. A O m .
8,200 32% J a n .
38% M ar. 8
113% 113%
2.7 2 7 109% J a n .
Do
p re f.
1 14 M ar. 8
38
6,174 3 1 J a u .
39 C lave. C ih cln . C hic. A S t. U ..
39 M ar. 9
80
SO
93 7 8 J a n .
Do
p re f.
8 2 J a n . lO
197, 20% C o lu m b u s H o c k in g Y a h A T o l
20
19%
9 3 0 18% F e b .
20*4
20% J a n . 2 3
'6 0
60
*60
66
65 Jan .
Do
p re f.
66
66 J a n . 12
1 35% 135% 137% 137 137% D e la w a re A H u d s o n ..................
138 F o b . 2
3 ,5 5 0 129% J a n .
170% J a n . 1 6
167 1 0 7 V 167% 107% D e la w a re L a c k a w a n n a A W e s t
167
1 ,2 5 8 161% J a n .
107, J a n . 3 1
100 1 0
F eb.
D e n v e r A K lo G r a n d e ..............
•9% 10%
1 0%
29 7, 2 9 ;
29%
7 79 29% M ar.
29% 2 9 V
32% F o b . 2
Do
p re f.
E a s t T e n n e s s e e Y a . A G a ........
V Jan.
% J a n . 19
Do
1 s t p re f.
Do
2 d p re f.
*60% 05 E v a n s v ille A T e rr e H a u t e ___
*60
65
02
425 5 5 J a n . 5 65 J a n . 26
1 0 5 *102 1 0 5 • 102 105 G re a t N o rth e rn , p r o f ...............
3 2 5 1 00 J a n . •1 103 J a n . 3
91% 91% Illin o is C e n t r a l...........................
92%
4 1 0 89% J a n .
94 % F ob. 7
91% 91%
8
8V
8 V Io w a C e n tr a l.......... ............ .
2 ,7 8 0
6 Jan.
8% M ar. 6
8%
8%
31 h *30% 31%
31
1,6 2 0 23% J a n .
Do
p re f.
31
31 % M ar. I
15% 15% L ake E r ic A W e s te r n ................
1.8 5 0 1 3 7 , J a n . :
15*, 15% 15%
16 J a n . 19
67 % 07%
1.320 0 3 J a n . 3 67% J a n . 2 2
Do
p re f.
06% 07%
0 0%
127% 1277. L a k e S h o re A M ich. S o u th e rn
3.3 5 4 118% J a u .
127% 1 27% 128
128% Fob. 1
97% 98 L ong I s l a n d ..................................
96% 0 0
7 2 8 97 % M ar.
1 00 J a n . 2
4 6% 47 U tm s rtlli. A N a s h v ille .............. 17,374 4 0 7 , J a u . 1
46% 47%
47%
48% M ar. 1
9
82 5
8 % 8% L o u lsv . N ew A lb. A C h ic ag o .
*8
8 F eb. 1 6 10 J a n . 2 2
32% 32%
32V
4 8 0 3 2 V Fell. 2 6 4 0 J a n . C
Do
p re f.
32% 3 2 7,
5 L o u isv ille S t. L o u is A T e x a s .
5
1 H F eb. 7
*1V
IV Feb. 7
*1%
5 ' 124%
125 M a n h a tta n E le v a te d , c o n s o l..
2.1 9 2 1 18% J a n . 11 1 26 M ar. 2
124%
125
124
. 9 8% 9 8 %
98% 98 % M ichigan C e n t r a l...... ................
757 9 6 J a n . 2 1 0 0 % F e b , 1
9 7, F e b . 12 11% J a u .
250
11
11
4
11 1 * 1 0 % 11 M in n e a p o lis AIM. E , tr . re c ta .
32%
304
250 28 J a n . 4 32 Jan .
t
Do
p re f. .tr . re e ls
30% 30% | *30
13%! 13** 13V
13% 13% M isso u ri K a n s a s A T e x a s . . . .
9 2 2 12*8 F fb . 6 14% J a u . 8
2 .8 9 2 2 2 Feb. 12 25% J a n . l>
24
34% 24% i
21V
24%
Do _
p re f.
4.2X2 18% J a n . 5 24% M ar. 5
2 4%
24
24% *23% 2 4 % M is s o u r i P a c ific
*16% lb % .M o b ile A O h t
19
•1 7
15% J a n . 3 19 J a n . 25
*70
*70
N a stir. C batU anooe aA S t . L ouis
7H
.*
7 0 J a n . 11* 71 F e b . 16
9 9 * , lo o Xew Y ork C e n tra l A H u d so n
6,!H»2 95% J a n .
3 101% J a n . 3 0
9 0 % 100%
15% S e w Y o rk C h ic ag o A S t. 1—ot«
16
201 14 J a n . a 16*3 F e b . 1
1 5% 15% *15
09
*67 vi 0 9 %: *67% 097,
Do
1 st p re f
6 6 J a n . 12 7 5 *g F e b . 3
*31
33
1.4 5 0 3 0 J a n . 5 3 4 J a u . 31
Do
2 4 p re f,
•31
33
33
s» uVt e»t*n
2 .1 3 4 13% J a n . 4 17% M ar. 8
17
17%! 17% 17% N e w Y o rk L a k e E r ic A
17%
1,107. 39% J a n . 3 30% M ar. 8
38% ; t s v
1*0
ia v
11 % 12 N ew Y ork A N ew E n g l a n d ... 11.025
7*3 J All. 2 14% J a n . 2 3
11% 1 2 %
180% 183 New Y o rk S e w H a v e n A H a rt.
183 •1 7 9 183
16-8 180% M ar. t* 1 90 J a n . S
S e w Y ork A N o rth e rn , p re f.
16% 10% N e w Y o rk O n ta r io A W e s te rn
3 V 0 3 14% J a n . 2 16% M ar. 5
1 0 % 'l « %
16
10
16 ) 1S% 15% N ew Y o rk 0 a n j A W est , n ew
J a n . 2 16** F e b . l
1.498 I t
45% 45%
Do
p re f
45
45
2 ,3 2 0 4 0 J a n , Mi 48 % M ar. 5
5%
200
5 % N o rfo lk A W e s te r n ................... .
ft% M ar. 5 6 M ar. 5
9 75 17% J a n . 19 21 *- F e b . 9
♦19% . . . . . .
Do
p re f
20
*4%
1.123
4%
4 % N o rth e r n P a c i f i c . . . . . . . . . . . . . .
4 J a n . 1*2 5% J a n . iS
4%
4%
187. • I I
1.3
2 4 1 3 Tg J a n . 11 19 J a n . •z
14%
D
o
p
ro
f
10
18*4
50
50
•2 5
5 0 O hio S o o t h e r * . . . . . . . . . . . ____
*25
35
3 0 O re g o n R 'y A N a v ig a tio n Co
*26
30
305 24 J a n .
3 8 M ar. 7
7%
7% O re g o n 8h . L i . f i U ta h N o rth
*7
8
50
4% J a n . 2
8 F eb. 1
5
*4%
ft P e o ria D e c a tu r A E v a n s v ille
*4 %
4%
3% J a n . l i
2 20
4% J a n . .5
22 % 23% P h ila d e lp h ia A H e a d in g ......... 3*1,116 17% J a n . 2 23*6 M ur.
2 2 % 22%
22V
50 13 J a u . 4 147, J a n . 2 5
14
• 1 2 % 14%' * 12 % I t V ’P itta b n rg C u u t. C hin. A 8 t. L
7:<u 4 4 J a n . 8 5 0 J a u . 2 4
49
30 I
Do
p re f
4*
49 V *48
4*4
4% R. A W .p . T c f . t r . r SdAM t. pd 1 3 ,1 4 3
4%
4%j
3 J a n . 15
5 M ur. 1
10 12% F e b . 7 18 M ar. l
Do
p re f. tr . re e ls
. . . . . . B io G r a n d e W e s te rn .................
—
.......... 15 Fob. 1 15 F o b . 1
......j
Do
p re f.
5 Jan. 8
4% 84. Lout* S o u th w e s te r n ______
4 Jan. 4
2 25
9% !
Do
p re f.
JiUJs 3
9% J a n . 8
2 5 Si. P a n ’. A D u lu th ............. . . . . .
212 2 2 T, J a n . 14 2 5
Jan . 4
UW |
Do
p re f.
38 40 J an. s m
Jan . 8
105 S i, P a u l M inn. A M a n ito b a
100 J a n . 6 104 F eb. ti
24% S o u th e rn P a c ific C o ........ ..
2.3 9 0 2 0 J a u . 3 24% .Mar. 5
1.8 9 0
8 % T e x a s A P a c ific __________ _
7 J a n . rt 9 Jf»n- 31
2,7ft5
8 % T o led o A n n A rb o r A Jf. M ich
5% J a n . 11
8% M ar. 7
3 6 F*U. 21 3 4 J a n . 3 0
4 0 .T oledo A O hio C e n tr a l..............
74 I
Do
p re f
75 Jan . 2 75 Ja n . 2
18% U n io n P a c if ic ......................... .
4.634 17 F e b . 12 2 0 % J a n , 3 0
4*t Ja n . 3
6 % J a n . 10
0% U nion P a c ific D e n v e r A G u lf.
1 ,3 0 0
6 Jan. 0
7 W ab a sh ..........................................
7% J a n . 31
2
14%
Do
p re f
12%
J
a
n
.
14
V Jan . 24
2.751
1.150 12*4 J a n . 10 13% J a n . 4
13% W h eeling A L a k e E r ie ............
4i(7,
Do
p re f
1,416 4 « V M ar. 1 50% J a n . 31
8 W isconsin C e n tra l C o m p an y
250
07, J a n . 5
8 M ar. 7
M ls re U a n re n s S to rk s .
4,992 20 % M ar, 21 29%
2 9 (A m e ric a n C o tto n O il O o . . . . .
69 !
Do
p re f
90 5 6 3 J a n . 2 09
9 0 V A m e ric a n S u g a r R e fin in g Co 6 42,719; 7 5 V F e b .
89 )
Do
p te f
7,747! 79% J a n ,
75% A m e ric a n T o b a c c o C o............
9 .0 0 0 6 9 7 , j an<
94 %*
Do
p re f
917) 91% F e b .
65% C hicago O a s C o., t r u s t r e c 't s .. 5 9 ,6 2 5 58% J a n .
11 C o lo ra d o C oal A Iro n H e r e ! ..
10 1 0 J a n .
. . . . . . 'C o lo ra d o F u e l A I r o n . . . . . . . . .
Jan .
2 0 0 ' 21
130 'C o n s o lid a te d O a s C o m p a n y ,
3.1871122% J a u .
27% D is tillin g A C a ttle F e e d in g Co 9 7 .8 7 0 , 20% J a n .
4 3 V G e n e r a l E le c tric O o ,.................. --------.'4,130, 30% J a n .
16% S a tX 'o n la g e n e w fu ll as« t [ mI
3 .5 1 8 13% Foil,
32 I
D o p r e f .. fu ll a a s 't pd.
510 30
Fob.
3 1 V N a tio n a l L e a d C o....................... 34,585; 2 2 J a n .
7 0 T»;
Do
p * rf.
3 ,2 5 0 6 8 J a n .
4 % ;N o rth A m e ric a n C o .............
766
3% J a il.
1 0 0 12 J im .
16 O re g o n im p r o v e m e n t C o___
10% P acific M all
9 5 0 14 Jan P ip e L in e C e rtific a te * .............. 4 4 .0 0 0 7 9 J a n . 15
P n llro a n P a l a t e C a r C o m p a n y
9 5 5 1 62% J a n .
S ilv e r B u llio n C e r tif ic a te * ....
2 0 *<i 19% 2 0
19% 19T. "•ennessee C oal A Ir o n _______
0 .4 0 9
Do
p re f.
40
40
40 | 39% 4 0 1 'id to d S ta te * R u b b e r C o . . . . .
87% ft»% 87% 1 85% 8«% l
I O ld c e rtific a te * .
t * ire tiw K -M m e a t p a l
13V

72%

0

— j

THE CHRONICLE.

422

(T ol. LVIII,

NEW YORK STOCK EXCHANGE PRICES (Continued)—IN A C T IV E STOCKS.
I nactive

M a r. 9.

R a n g e (sa les) i n 1894.

stocks

B id .

Y In d ic a te s u n lis te d .

R a ilr o a d S to c k s .

165
130

B o sto n & S . Y . A ir L in e p r e f .

16%

P r e f e r re d .

A 8k.
175
135

135

18
25
62

17
20

15

50%
11*4
2
147

M ar. 135

M ar.

F eb .
Jan.

17
24

Feb.
Jau.

F eb .
F eb .
F eb .
Jan.

5 0 i* Feb.
15*4 J a n .
2 1* Feb.

6
7%
11*4 15
■
16
40^4

Jan.
Jan.

7
15

Jau.

50
14

Cliisn-RO & A lto n r ig h t s ............
C le v e la n d & P it ts b u r g ................ 60
D es M oines & P o r t D o d g e ..........1 0 0
P r e f e r r e d ........................................100
D u lu th So. S h o re & A tla n tio Y.1 0 0
P r e f e r re d H....................................1 0 0
F l i n t & P e re M a r q u e tte ...............1 0 0
P r e f e r r e d ........................ . . . ........100
G e o rg ia P a c ific T r u s t e tfs fl-----100
G r. B ay W in. & S t.P . t r . r e o .. .- 1 0 0
P r e f e r re d t r u s t r e c t s ................ 1 0 0
H o u s to n A T e x a s C e n t r a l..........100
Illin o is C e n tra l le a s e d l in e s — 1 0 0
K a n a w h a & M io h ig a n ........ ..........100
K e o k u k & D e s M o in e s ................. 1 0 0
P r e f e r r e d ........................................1 0 0
L ou I bv . K v a n sv . & S t. L . C o n s .100
P r e f e r r e d ............- ......................... 1 0 0
M ah o n in g C o al................................ 5 0
P r e f e r r e d ....................................... 50
M e x ic a n N a tio n a l...........................10 0
M o rris & E s s e x ............................... 50
N . Y . L a c k . & W e s te rn ................ 1 0 0
N o rfo lk & S o u th e rn .......................1 0 0
O hio & M ississip p i.........................100
P e o ria & E a s te r n ............................100
F it ts . F t. W ay n e & C h ic a g o -----1 0 0
P it ts . & W e s te rn p f ....................... 5 0
R e n s s e la e r & S a r a to g a ................ 1 0 0
R o m e W at.A O g d e n B b u rg h — 100
Bt. L o u is A lto n & T e r. H a u te .. .1 0 0

116%
} 5%
20
6%
13%
12
38%
3
5%
2
90
7%

4

2*n J a n .

2% J a n .

8
5

9

Jan.

9

12
5

Jau.
Feb.

12

m is c e lla n e o u s S to c k s .
00
A d am s E x p r e s s ................................1100
A m e ric a n B a n k N o te Co U
.1 000
0
A m e ric a n E x p r e s s .........................1
.1 0 0
A m er. T e le g ra p h A C a b le ...........100
00
B ru n s w ic k C o m p a n y .....................1100
100
Chic. J u n o . R y . A S to c k Y a r d s .100
.1 0 0
P r e f e r r e d ........................................100
100
C itiz en s’ G a s of B r o o k ly n ..........100
100
C olorado F u e l A Ir o n , p r e f .........100
.1 0 0
C olum bus A H o c k in g C o a l.........100
100
C o m m ercial C a b le ..........................100
C onsol. C oal of M a r y la n d ...........100
E d iso n E le c tric H lu m in a tin g .. .1 0 0
.100
In te rio r C o n d u it A In s . C o .........100
L a c le d e G a s ...................................... 100
.1 0 0
P r e f e r r e d ........................................100
L e h ig h A W iik e sh a rre C o al ’I
M a ry lan d C oal, p r e f . .................... 100
M ic h ig a n -P e n in su la r C a r C o . . . 100
.1 0 0
P r e f e r r e d ........................................100
M in n e so ta I r o n ............................... 100
00
N a tio n a l L in se e d O il C o ...............1100
N a tio n a l S ta rc h M fg. C o ............. 100
100
N ew C e n tra l C o a l............................100
O n ta rio S ilv e r M in in g .................. 100
P e n n s y lv a n ia C o a l........................ 50
100
P . L o r ilia rd Co. p r e f ............
P o s ta l T e le g ra p h —C ab le Y
100
Q u ic k silv er M in in g ........................100
100
P r e f e r r e d ........................................100
100
100
100
U. S. R u b b e r p r e f e r r e d ............... 100
100

....

6%

6*4 M ar.

Jan.

1 2 1* J a n .
6 Feb.

92ifl
148 J a n .
110% J a n .

113

M ar.

53
......

4 ^ 'Feb.
" e "
150
149 J a u .
i 26
170 180 172*8 F e b .
110% 112 110 J a n .
21
20 Jan .
29

5*i F eb.
151 Feb.
176
112
20

B id.

.1 0 0 1 50
.1 0 0
i
T oledo St. L. & K a n s a s C ity Y.
.1 0 0

Jan.
Jan .

3%

M ar. 9.

I n a c t iv e S t o c k s .
IF I n d ic a te s u n lis te d .

H ighest.

L o w est.

(% Indicates actual sales.)

Jan.
Jan.
Jan.

R a n g e (sales) i n 18^4.

A sk.

1 50

3

2

150 155
52
55
J112
: 87%
3%
5

63
1 8%
125
29%
; 93
: i6 %
: 68
22
40

Low est,

170

_

15 0

M ar.

Jan.

1 0 9 1* J a n .
85 Feb.

70
8%

H ighest.

M ar. 151% M ar.
2

154% J a n .
114
90

50
4 1*
145
29^4 28
93

Jan.
64%
Jan .
8%
M ar. 145
Jan.
30
F eb.
97

17%

Jan.
Jan.

25
60

15
59

55
40
50
45
19
22
16
9
«%
8%
9
6
6 \i
7% 10
7*e
3 00 310 2 75
1 06
59
2%
3
lSg
15
15% 18
7 1*
53
48
57
80
; 87
120
126 1 2 2

Mar*

Feb.
Jan.

Jan.
M ar.
M ar.
Jan.
Jan.

17% M ar.
68 M ar.

M ar. 59% F e b .
F eb.
45 F e b .
Feb.
25 J a n .
Feb.
10% M a r .
Jau.
8 Jan.
.Tan.
8 *8 F e b .
Jan . 300 Feb.
Feb. 1 06 Feb.
Jan.
Feb.
Jan.
Jan.
Jan.
Jan.

3
17%
8%
57
85
128

F eb.
M a r.
Feb.
Jan .
M ar.
Jan.

B id .

A sk

t A o tu a l sale s.

* N o p ric e F r i d a y ; l a t e s t p r ic e t h i s w e ek .

NEW YORK STOCK EXCHANGE PRICES.—S T A T E BONDS M A R C H 9 .
B id .

S E C U R IT IE S .

S E C U R IT IE S .

A sk.

98 100
A la b a m a —C la ss A , 4 t o 5 .........1 9 0 6
98
C la ss B , 5 s ...... ......................... 1 9 0 6
90
C la ss C, 4 s ................................... 1906
95
C u rre n c y fu n d in g 4 s ..............1 9 2 0
A r k a n s a s —6 s, fu n a , H o i. 1 8 9 9 -1 9 0 0
4
9
d 3 . N o n -H o lfo rd 185 200
2
10
7 s , A rk a n s a s C e n tr a l R R ..............
L o u is ia n a —7 s , c o n s ....................1 9 1 4 108
94*s
N ew co n o ls. 4 s ..........................1 914
M isso u ri—F u n d ................ 1894-1895 100

B id .

New York City Bank Statement for the week ending Mar.
3, 1894, is as follows. We om it two ciphers (00) in all cases.
(00s om itted.)
B ank of N ew Y o rk .
M an h a tta n Co.......—
M erch an ts’................
M echanics’. ....... - ■
A m erica.....................
P h e n ix .......................
C ity ............................
T radesm en ’s ...........
C hem ical...............
M erchan ts’ E x c h ’ge
G allatin N a tio n a l...
B u tc h e rs’* Drov’rs ’
M echanics’ & T rad ’s
G reenw ich.................
L e a th e r M anofac’rs
8 e v en th N a tio n a l...
S ta te of N ew Y ork.
A m erican E x c h ’ge..
Com m erce..................
B roadw ay..................
M ercan tile................
Pacific........................
R epublic....................
C h ath am ............. .
People’s ............... .
N o rth A m e ric a ..
H a n o v er.............. .
I r v in g ...................
C itizens’...............
N a ssau ..................
M a r k e t* F u lto n ...
Shoe * L e a th e r.......
Corn E x c h a n g e ........
C on tin en tal.............
O rie n ta l....... .............
Im p o rte rs’ & T rad ’s
P a rk ..........................
E a s t R iv e r..............
F o u rth N a tio n a l...
C en tra l N a tio n al...
Second N atio n al__
N in th N ational.,
F ir s t N atio n al..,
T h ird N atio n al.........
N .Y . N a t E xchange
B ow ery.....................
N ew York C ounty.
German-A m erican.
Ch&ae N s clonal.......
F ifth A venne..........
G erm an Exchange.
G erm an ia.................
U nited S ta te s .........
L incoln......................
G arfield......................
F ifth N atio n al .. .
B ank of th e M etrop
W est Side..................
8eaboard
.......
S ix th N a t'o n a 1.........
W estern N a tio n a l..
F ir s t N a t., B r’k ly n .
S o u »l>ern N ational..

C a p ita l S u r p lu s
s
$
2,000,0 2.150.1
2.050.0 1.809.4
2 , 000,0
2 , 000,0

3.000.
1.000.

1,000,0

750.0
300.0
600.0

1 , 000,0

300.0
400.0
200.0
000,0
300.0

1 . 200.0

5.000.
5.000.
1 .000 .
1, 000,0

422,7
1.500.0
450.0
200.0
700.0
1 , 000,0

500.0

000,0

500.0
750.0

1 , 000,0

,,300.0

1 000,0
1 000,0

1.500.0
2 , 000,0

250.0
3.200.0

2 , 000,0

300.0
750.0
500.0

1 , 000,0

300.0
250,
200, _
750.0
600,r
10O.L
200,0,
200.0
500.0
300.0
200.0

200.01

5W ,0
200,0
50C,l
200,0
2.100.0
300.0
500.0

1.030.4
2.144.0
0
2,220,9
0
473.0
2.093.3
183.9
7.417.8
179.9
1.576.6
320.8
424.7
170.1
550.7
123.9
504.0
0
2.339.3
0
3.657.3
0
1.631.6
1.124.2
469.6
1.027.3
973.7
333.2
652.2
1.951.8
352.8
483.2
286.1
815.1
288.8
1.251.9
263.6
425.2
5,862,8
3.288.5
141.6
2.191.4
576.6
552.9
380.7
7.216.3
175.4
139.2
540.5
568.5
314.0
1.191.4
1.036.0
628.1
586.6
502.1
504.9
501.3
314,5
773.7
232.2
201.8
352,1
251.8
850,0
053.4

eo
T e n n e s s e e - 6 s , o ld .......... 1892-1898
__ #
6 s, n e w b o n d s .......... 1 8 9 2 -8-1900
60
60
do
n e w s e r ie s ..................1914
,TW
1_
C o m p ro m ise , 3-4-5-68.............1912
70
N ew s e ttle m e n t, 6 s ................ 1913 102% 1041*
5
5 s ............................ .......................1913 101 105
3 ifl
76
77
3s
1913
59% 59 %
V irg in ia fu n d e d d e b t, 2 - 3 s .. .l 9 9 1
6 s, d e fe rre d b o n d s ...........................
2*4
6%
6 s, d e f e r r e d t ’s t r e e ’ts , s ta m p e d .
7

New York City, Boston and P hiladelphia B a n k s:
Ba n k s .

BA N K S.

L o a n s.

Specie. L eg a ls. Deposits.

12.380.0
11.335.0
8,973,9
8.949.0
16.699.8
4.036.0
16.922.9
2.278.7
23.011.4
4.073.0
5.780.1
1.650.8
2 , 010,0
1.236.5
2.915.8
1.519.2
2.833.1
20.379.0
20.974.4
5.781.6
7.354.8
2.026.1
11.437.9
4.982.7
2.212.3
4,604,2
16.339.6
2.245.0
2.594.0
1.945.0
4,569,6
3.098.0
6.944.5
5.072.1
1,806,0
20.590.0
23.430.6
1.117.5
22.744.5
8,626,0
4.203.0
3.702.6
23.845.1
7.195.4
1.274.8
2 ,648;0
2.763.1
2.188.9
10.412.1
6.570.9
2.574.6
2.677.8
4.537.8
4.612.1
4.176.6
1.699.2
4.454.9
2.196.0
4.322.0
1.727.0
9.162.3
4.249.0
1.840.9

2 , 020,0
2.561.0
1,811,8
1.800.0
1.584.5
958.0
6.503.6
433,5
7.138.3
766.3
1.138.1
629.2
375.0
163.4
511.7
2 9 4 ,6i
134.0
3.141.0
3.522.4
962,9
1.957.3
798.2
2.272.7
1.224.3
215.8
1.098.5
4.893.3
027.5
746.2
723.2
784.2
439.0
647.6
1.266.8
220.5
4.621.0
5.097.4
137.6
6.129.3
504.0
979.0
1.038.2
3,994,7

$
3.350.0
3.250.0
3.297.7
3.040.0
6.360.0
792.0
2.462.7
400.8
5.833.0
078.8
1.982.2
196.9
550.0
205.5
837.4
271.6
554.1
5.645.0
7.808.1
1.030.7
1.431.9
474.2
2.197.2
1.817.0
359.0
1.307.0
3,571.6
722.7
230.6

713,*

945.0
1.114.0
3.650.0
1.102.5
417.0
6.903.0
5.811.9
203.1
2.820.2
3.172.0
1.084.0
333.9
6,641,4
1.022.2
429.4
90,7
314.6
482.0
346.0
850.2
212.5
66.A.8
825.9
4,>'91,0 5.112.3
924.0 1.293.0
231,4
620.6
398.2
375.7
1.636.0
592.7

1,49»,H

880.3
232.4
951.0
341.0
1.159.0
230.0
2.474.3
1.071.0

120.6

1.212.6
248.0
352.1
639.6
277.0
789.0
186.0
1,8 3 5 .“
399,
485,

13.800.0
14.222.0
12.385.1
10.338.0
20.675.1

4.304.0

S E C U R IT IE S .

A sk.

N o rth C a r o lin a 68, o ld .......................................... J & J
30
F u n d in g a c t ...............................1900
10
N e w b o n d s, J & J ..........1892-1898
15
C h a th a m R R .....................................
2'-*
S p e c ia l t a x , C lass I .........................
2h
C o n so lid a te d 4 s ....................... 1 9 1 0
95
6 s ....................................................1919 120
R h o d e I s la n d —68, c o u .. 1 893-1894 100
S o u th C a ro lin a —6s. n o n -fu n d .1 8 8 8

Capital <k
Surplus.

Loans.

Specie.

L eg a ls.

D e p o sits, t C irc 'V n C lea rinos.

N. Y o r k .*
$
$
$
$
$
Feb. 3 .... 132.937.9 419.530.5 1295589 1200162 551.808.4 126029 4 50,089,4
“
1 0 .... 132,937,6 432.585.0 1077997 1113781 534.176.4 124226 439.340.4
“
1 7 .... 132.937.9 439.328.3 98.587.0 1084479 529.992.3 119753 430.737.1
“
2 4 .... 132.937.9 441.217.6 97.915.0 1100375 532.742.4 110036 387.314.1
M a r . 3 .... 132.937.9 439.303.4 97,526,3 1111879 531,741,2 116400 465.002.5
B o s to n .*
Feb. 17— . 64.642.9 168.068.0 10.253.0 9.852.0 158.570.0 8 , 012,0 69,471,0
“
2 4 .... 64.642.9 168.552.0 10.351.0 9.789.0 158.131.0 8.036.0 63.918,4
M ar. 3__ 64.642.9 168.329.0 10.302.0 9.741.0 161.303.0 8.008.0 84.959,2
P h ila .*
104.485.0 4.867.0 52,069.0
F eb. 1 7 .... 35.810.3 96.099.0
38.647.0
37.147.0
“ 2 4 .;.. 35.810.3 96.183.0
105.152.0 4.864.0 44,905,5
105.971.0 4.861.0 63,986,7
37.577.0
M ar. 3 .... 35.810.3 97.050.0
* We om it two ciphers in all these figures. t In cluding fo r Boston a n d Pbi)a
delphia, th e item “ due to o th e r banka.”

22.153.9
2.405.0
28.735.1
4.705.1
6.370.0
1.772.2
2.310.0
1.239.6
3.072.1
Miscellaneous and U nlisted Bonds.—Stock Ex. prices.
1.798.0
2.192.2
M is c e lla n e o u s B o n d s .
M is c e lla n e o u s B o n d s.
20.191.0
22,409,4 Ch, Ju n .& S . Y ds.—C ol.t.g ,5s 103 a. People’s G as & C. \ 1 st g. 6a.
Co., C hicago___5 2d g. 6s.
98 a.
5.911.6 Colorado Fuel—Gen. 6s...........
Pleas. V alley Coal - 1 s t g. 6s.
95 b
8.417.4 Col. & H ock. Coal & I.—6s, g
P ro c te r & G am ble—1st g. 6s
2.909.2 Consol’n Coal—C onvert. 6s.
13.703.6 Cons.Gas Co..Chic.—ls tg u .S s * 8il4a. Sunday C reek Coal 1 st g 6s.. 100 b.
W este rn U nion T eleg.—1 » .
.....
6.569.9 Denv. C. W a tW k s .—Gen.g.Ss
70 a.
66 a. W heel.L .E & P .C oal—1 s t g 5s
2.844.9 Det. Gas con. 1 st 5 s.................
90 b.
U n lis te d B o n d s.
5.673.4 E a st R iv e r Gas 1 st g. 5s.........
21.156.9 Edison E lec. I1L Co.—1st 5s . *103Mb. A la. & V icks.—Consol. 5s, g .
V icks. & M erid -lst 6 s ........
2.809.0 E q u itab le G. * F .—1st 6s---- * 92 b.
*9*3**b
3.156.3 H enderson B ridge—1 st g. 6s. 109 b. Amer. Deb. Co. col. tr. 5 s __
C om stock T u n n e l—Ino. 4 s ..
8 b
2.871.7 H oboken Land & Im p .—g. 5s
........
Geo.
Pac—1st
6s
g.
c
tf
s
97 b.
M
ich.-Penin.
C
ar
1
s
t
os,
g
—
n
o
o
b.
4.945.7
2d m ort. in c o m e ....... ...........
4.056.0 M utual U nion T eleg.—bs g .. *110 b.

r_r

9.630.2

6.813.2
1.830.0
26.118.0
30,160,1
989,6
26.854.0
11.300.0
5.509.0
4.362.4
20.474.6
8.030.8
1.273.9
2.913.0
3.323.7
2.870.9
18.803.0
0,695,8
3.045.4
3.205.9
6.158.5
6.374.3
4,8 )i,9
1.967.9
6.311.4
2.348.0
5.014.0
1.460.0
11.150.0
4,645,'
1.588.7

T o tal................ — 59,922,7 73,015,2 439,303,4 97.526,? 1111879 531,741;

Consol. 5s, g. c tfs ......... . .
36^b
N ational S ta rc h M fg.—1 st6s.
95 b.
7 b.
ncom e 5s. c tf s ......................
N o rth w e stern Teleg raph—7 s. 106 b.
M em .*C harleston—Con. 7 g. .........
P eoria W a te r Co.—Bs, g ....... .........
Note .—“ f>” in d ic a te s p ric e b id ; “ a ” p ric e asked. * L a te s t prioe th is week

Bank Stock L ist.- -Latest prices of bank stocks this week,
B A N K S.

Bid.

A sk.

B A NK S.

B ro a d w ay ...
B u tc h s’& Dr.

C hem ical —
C itizens’.......
C olum bia—
C om m erce...
C o n tin e n ta l.
C om E x c h ..

235
12*6*
450
340
4000
425
135
215
175
120
260

400
4800
150
2S0

116
G e rm a n ia .... 115
150
300
150
Im . & T rad ’s’
140
L e a th e r M fs’ 200
M echanics’ ..

M e rc a n tile ..
E a st R iv e r.. 142
11th W ard... 200 ......... M erchants’..
Fifth A ve— 2000
M etro p o lis..
2500
M u rra y H ill
f ir s t N., S .I . 110
F ourth.......... I f 0

Bi<Lj Ask.
280

180
Am. E x c h ... 148

*192

210
180
150
175
137
110
425
180

150
N ew Y o rk ... 200

BANKS.

N .Y . Nat. Ex
N in th ..........
19th W ard ..
N. A m erica.
O riental . . . .
P a c ific .........
300
P a rk .............
600
People’s ___
P h e n ix ........
Produce Ex.
230
R epublic—
S e a b o a rd ...
198
Second.........
225
S eventh ___
1X0
S h o e * Le’th
St. Nioholas.
210
S o u th e rn ...
*1*2*5** S tateo f N.Y.
T h ird ...........
500
T radesm ’n ’s
U n’d S ta te s
__ W e s te rn ....
W est S ide..
....

575
105
114
130
150
180
275
114

125
240
270**

ieo*

172
300
125

110
102
100

150
107

176
110*
97

175

I
THE CHliOJNICLE.

M arch 10, 1894.J

423

'

BOSTON, PHILADELPHIA. AND BALTIMOKE STOCK EXCHANGES.
' S h a re P ric e * — n o t p er C e n ts

Active Stock*,
1 1 td ie a ta a u n lis te d .
m

S

'

®

. P ric e * .
T h u rsd ay ,
M a rc h 8.

F r id a y ,
M a rc h 9.

12% 12%
A tch. T. A 8. F e B o sto nj . 100
12% 13%
xm
1 3 % 13% 13%
1 3 ’g 1438
13% 14%
A tla n tt; A P ac.
••
100
•1
1%
B altim o re A O h io (B a it.) . 100 "Vo” " 7 0
-7 1
71% * n % *72
72
72'
7 2 V 72% *72% "73
1 2 7 127
letnreferred
•*
100 125 1 3 0
123% 128% •127
*127 13 0
2 d p re fe rr e d
“
1 0 0 1 14% 116
1 1 5 115
115 1 1 5
, lie
-1 1 2 115
B a ltim o re T ra c ’n .fP A iJ.J. 25
15% 15%
15% 15%
15% 15%
15% 15%
B o sto n A A ib a n y - B o sto n ) .1 0 0 2 0 7 2 0 7
207 207
207% 208
207% 20S
207% 203%
2 08 268
B oM oc A l a w m
•*
100 186
196
186% 186% 186% 18 6 186
186% 186% 136% 186%
B o sto n A M ain e
“
100 1 42% 1 4 4
1 43% 143% 143 143% 141 112 •141 1 43
1 4 3 1 43
C e n tra l o f M ass.
“
1 0 0 *11
13
H % 12
‘ 11% . . . .
12
13
12% 13
..
Pr.'.V rre-:
"
100 *46
46
46
40
46
46% 47
*47% 50
*46 ........
C h le -B u r.* U u Jn .
<*
100 77 % 78%
7 8 % 79%
79
80%
79% 80%
90
81 >
79% 80%
< a te .M ll. A Bt. F . (P M ii.).1 0 0 5 9 % 60
60% 617*
0 0% 61%
61% 62%
61% 62
60% 621
C W A A W .M loh-fB B W sw j.lO O *22 . . . . .
24% 25
*22% . . . .
*24
25
21
25
C le re . A C a n to n
**
10 0 ....................
*
*50
30
-50
-5 0
-75
P r e f e r r e d ___
“
to o
.................
2
2
'1 %
2
F itc h b u r g p re f.
•<
1 0 0 76% 76% "7 8 % 76%
76% 7 7
76% 77
76% 76%
76 % 76%
B a m . & B r .T o p .( B k U a .J . 50 ....................
31
31
....................
30% 30%
P r e f e r re d
“
5 0 19% 49% * 49% "*9%
4 9 % 49% -49
50
49% 49%
49% 49%
L e h ig h V a lle y
“
5 0 4 0 % 40%
40% 40%
40% 40% 40% 40%
40% 40%
40 % 40%
M attie C e n tra l (B a tto n ).lO O 1 0 5 105% '1 0 5 % .......... •106% 103 *106
106% 1 07% 108 10S
M e tro p o lita n T ran . fP&U; . 10 0 ...................... 101 % 101 % 1 0 1 % 101%
101
101% 101 101%
M extt-Sa C e n t’lf .B w ic a .,. 100
6%
6%
6%
6%
6%
7%
7
7%
7%
7%
7%
7%
S . Y. A S . E n g .
••
100 10 10%
10% 1 1 %
11% 11%
11% 12%
11 % 12 % 11% 12
P re fe rre d —
«
1 0 0 23% 28%
29
29
*29 . . . . .
31
32
-3 0
34
32
32
S o n h ts m C e n tra l ( B a lt.) . 5 0 ' ......... 68
’.......... 89
•07% 63% *67% S3
63
68
63
68 !
S o n U t m l 'A c m o / B h U a . ) . 1 0 0
4%
4%
4%
4%
4%
4%
4%
4%
4%
4%
4%
4V
P r e f e r re d
••
1 0 0 -18% 18%
19
19
18% 19
*19
19
*18
18%
......
OM O nion y----- ( B o s to n ) .100 .172% 174% 172 173
172% 172% ,*172
10
172%
•s
.
"
i
!
*
I7S”
«
i
172
1
7
2
%
P e c u ts y i v a d a .. (P k U a .). 50
4 9% 49%
*9% 49%
49% *9%
4 9 % 4 9 % 49 % 50
50
.50%
..
B tU a d e L A E rie .
**
50
..............
27
......................
. ......... -2 0
* 2 2 % .............
F h ila . A B e a d in g
“
5 0 l o i * ,f h % U H V a I11
I % 101% e 1 1 % ,
11 l l s , „
11%
11%
U
%
U»18
P h ila d e lp h ia T ra e . «
5 0 9 3% 93 %
93%
■ 93%
—
93% 9 3 % : 94% 94%
94% 95
95% 95%
S u m m it B ra n c h (B o sto n ). 50
‘ 6 ..........
7%
7%,
•6%
7%
6%
6%
*0 % ..........
ITb Iok P a c id e
■*
i o o -1 3 % 19
13% 18%
Is
18%
18% 1 8 % '1 8
19%
18
18
U n ite d C m .o l B J . ( P k U a . ) i m '2 2 9 % 2 3 0
229% 2 3 0
■229% 2 3 0 i 2 3 0 2 3 0
230 230
*230
W M ter& K. Y .A P w FAUa. / . 100 ‘ 1%
1%
1%
1%
1%
1%
- 1%
2
* 1%
2
*1%
"
i%
n U a e e iia u e n u a S tu c k * .
34% 95
A ^ 3 j t 7 8 e a o . I (B o sto n )........
8 5% 9 0
88% 9 9
91
95%
87% 93%
86% 90%
P r e f e r r e d ..........
**
. . . . .35 % 8 5 %
86
96
89
90
, 9 % 90
87% 89%
87% 88
B ell T e l e p h o n e <•
1 0 0 1 68% 169
l>..-% 1 8 9
103% 169% l a p l « 9
169 177
1 74 175%
B eet A M ol U n a
••
23 *24** 25
25
25
25% 25%
2 5 % 25%
26
27
26
26
B u tte A Bo« to n ..
“
2 5 9% 9 %
„
9..
9%
9
9
9 9%
9 % 10%
9% 10%
C alu m et A B e a l*
«
23 2 9 2 % 292% -2 9 2
297
•292 ..........-2 9 2
295
2 9 4 294
■293
295
C a n o ® C o............ ( B o U .) . l M * ..
77
‘.......... 77 • .......... 77
*72% 75
C onso lid ated !,,* *
••
10 0 e t% ,3 1- ,
62
" 6 i"
0 1% 02
Oi
63 V *62% "o$*s,
62% 63
tn * T e l e p h o n e fB o sto n ). 100 *42% 43
*42% ..
42% 42%
42% 42%: *42% 42% *42% 43%
U tm e ta l E le c tric .. *•
l o o 41
41%
42
43%
42
43*.
42% 43%: 43 % 45%
4-1% 43%
P r e f e r r e d ............ “
1 0 0 7 0% 7 1
70% 7 2
71% 73 s
72
73
7*2
75
*74
75
I a b u m b S to re S er. •*
50
................ '1 7 %. 19%
-•. 1............ 13
17% IS i 1------- 18%
L sW -b O sa iA Jfa v -P kU .) 5 0
.53% 53%
5 3 % 53%
5 3 % 53%
53% 53%; 53% 53% : *53%
S J Z n g , T e le p h o n e ( B o ar n j 1 0 0
49
42
49 %
19% ; -4 9
50
49% 19%:
49% 49% *50
51
S o r t's A m e ric a s . (P h U .).lO O
..................
4%
4%
4%
4% .............
;
4%
4%
W eet E n d L a u d .. ( B o s C n j.... ‘ 10
10%
10% 10%
10
10%) 10% 10%
10 % 1 0 % V10% *10%
* B id a n d a s k e d p n c a a t n o M l* m m
* j L o w e s t u . e s d ir id e n d .1
I n te l! * * S to c k * ,
Pete** o f K a rri. ‘j .
A s la n t* a C h a r lo tte
BoD. 1 .1 0 0
B oato a A F rttv td e o o e (B o sto n ). 100
C a m d e e A A u n t i e p f. uPAUa.). 5 0
( A U i r b u ..........................
*•
50
la* p r e f e r r e d ..........
**
50
I d p r e f e r r e d ............
“
50
C e n t r a l O h i o . .. .......... (B a it.). 50
C h a r i. Ooi. A A tnrtsat*
"
100
C o n n e c tic u t A P a u . ( B u ie a i.lo O
C a a n e c tle u { R iv e r . . .
*<
so o
D e la w a re A B o o iu i B r . ( P t d a .) .l o O
SUB* * P e r* M * rv . . . (B o sto n ) . 1 0 0
P r e f e r r e d . * . , ••
tOO
B * r,P o rt* .M tJ tis -A I* fPA d«.». 5 0
R an . C*y F t H. A M em . (B o sto n ) , 100
P r e f e r r e d .......................
•• 10 0
K . d t j r M em . A B u rst.
••
to o
L i ttle S c h u y lk ill........ jp * 0 o .> . 50
M ^ e h e e t e r * L a w .. (J h w le n i.io o
M a ry la c d C e n t r a l . (B a il.) 5 0
M ine H ill A 8. H a v e n (P itta .) 5 0
N e e s p e h o n lc s V a i ....
*•
80
K o .- t W s X . B .. . . . . . . (B oston).IO O
K o rih P e n n a jlv a n la . (P iU a .). SO
O re g o n S h o rt L i n e . ..(B o s to n ) 100;
P e n n s y lv a n ia A M . W . (PHUa.i 50
B r t l a n d . , , . , . . ............. (B enton). 100 i
P r e f e r r e d ..................
10 ®:
S r a b o a r d A S o a n o k e . ( B a f t) 1 0 ©
l a t p r e t r r r n l ............,
**
10 0
W e f t K a d . . ................... .(B o sto n ). 50
P r e f e r r e d . . . . . . ........
<*
a®
W e«t J e r s e y ..................(P M la .). 5 0 '
wees; J e r s e y A A t l a s .
**
so
W c e te ra M ai-v la m l,.
( B a ll) 50
W 11 tt. Ooi. A s ta g n a te
*•
100
a l i a s a t t s t W eldon
"
10 0
W tM onaia C entral. . (B oston ). 100
P r e f e r r T d L „ „ .. . . . .
**
10 0
W o re 'tL S a e h .A R flc h .
“
10 0
W iW iEuakK O Oa
A tte n e * M i n i n g . . . , . , (B o sto n ,. 25,
A tla n tic Mi n n , * . ,
<*
25
C ity P a e a e n g e r H U ... ( B a l l ) . 2 5 :
B a y S ta te b i » —
50
B o a to a L a n d ................
«
10
C *nte.nai*i M m a i f __
**
10
F o r t W ayn e E ie c tf ic f
**
25
FuM Uiila . M i n i n g . . **
355:
J ’r e iic to * n * « B » /L ‘iitf
**
5,
IiilnoiA 8 t « l .........
•*
10 0
K m m m r m M t e i u g .. .,
*•
2$
M w ri* C a n a l « u a r. 4 . (PAHa.1.100.P r e f e r r e d g a a r, 10
**
t<x>
gseoolm M txdng..........(B o s to n ) . 2 5
PstU tuaa PM*<w C a r ,.
"
to o
Q tin n y Mir;:<.c............
<*
25
r m s d M u i;.,
**
2.’i
H a lte d
im p t.
(P /iti.),
W ater P o w e r.................tB ofO m t.lO O
w « tttt* .E le e .,l« t tm .( B o s to n t. SO
...AaacntUia
. so
? L iiiiaietL

B id .

A sk.

In A e tire tto c k t,

! B id, t A *k.i

S a le s
o f th e
W eek,
S h a re s .

R a n g e o f s a le s in 13 9 4 ,
L o w e s t.

H ig h e s t.

1 9 ,9 7 1
9% J a n ,
. . . . . . *62% J a n .
4 1 67% J a n .
3 5 ,1 2 5 J a n .
5 0 ,1 0 3 J a u .
1,130 14 F eb.
2 12 200% J a n .
155182% Jan .
2 06 1 2 6 J a n .
195- -I -I
J*a n ,
168 4 6 J a n .
2 6 ,4 7 9 73% J a n .
3 7 ,0 4 2 54% J a n .
215 17% J a n .
100 •50 J a n .
100
2 Feb.
3 37 7 2 J a n .
3 7 30 % M ar.
2 33 48 F e b .
9 89 36% J a n .
153 101 J a u .
5 62 i9 6 % J a n .
4 ,5 1 0
5% J a n .
8,397
7% J a n .
154 2 6 M ar.
40 67 J a n .
1,031
4 Jan.
148 13% J a u .
60 170% J a n .
3,539 48 J u n .
21% J a n .
5 8 ,0 7 4 81% . J a n .
2,445 89% J a n .
110
0% M ar.
311 17 F e b .
14 2 28% J a u .
3 68
1% J a n .

14% M ar. 8
1% F e b . 6
72 % M ar. 8
128% M ar. 6
115 M ar. 5
17% J a n . 18
2 08% M ar. 9
186% M ar.
143% M ar.
20 13 M ar.
3 47 Jan .
3 81% M ar.
3 6 2 % M ar,
23 2 5
F eb. 21
3 ■50 J a u . 3
24
2% J a n . 16
2 81 F e b . 7
9 3 5 J a n . 10
20 51% J a n . 1 0
3 40% M ar. 7
16 108 M ar. 9
6 103% J a n . 3 2
2
7% M ar. 8
2 14% J a n . 23
2
- 41 J a n . 8
SO 68% F e b . 23
15
5 Jan. 6
15 19 J a n . 2
2 175% J a n . 1 2
5 50% S ta r. 9
20 28% F e b . 1
2 11% M ar. 9
5 9 6 J a u . 22
7
7% M ar. 5
12 20 % J a n . 2 8
.r; 2 3 0 F e b . 2
12
2% J a n . 26

9 1 ,6 7 3 75% J a n .
2,5 9 7 79 J a n .
979 1 6 3 F eb.
1,1
23 Feb.
2,575
8 Fob.
4 292% M ar.
66 Ja u .
2,174 53% J a u .
50 42 Feb.
30 % J a n .
19,'
933 5 6 J a n .
184 12% J a n .
1 4 2 51% J a u .
46 4 9 F eb.
400
3% J a n .
4to
9% Feb.

24
3
26
15
It
3
18
3
21
3
4
2
ll
28
2
9

B ond*.

99
90
191
27%

M a r.
S ta r.
Jau.
Jan.
1 0 % M ar.
302 J a u .
74% F e b .
63% .'f a r .
45% J a n .
45% M ar.
75 M ar.
18% F e b .
53% F e b .
S i Jan.
IV J a n .
11% J a n ,

6
6
9
2

8

12
28
7
15
8
8
12
20
9
24
9

B id. A sk.

.

P a A S , V . C a ., con. ,5a. 19 3 9 , AAO 1 0 7 I..........
A L T o p ..S '° ll^ S o -® 04 c°.?&8B, J A J I 7 4
74% P e rk lo m e n , l a t » e r .,5 « .l ( tia . Q—J
9 9 % ..........
j 2d 2 % 4 « ,
C2« m A ... 19 8 9 , AAO ; 33% 34% P b llA A E rie g e n . M. 5 i? .,l9 2 0 , AAO
115 115%
B o#too tr e tte d d m 1 s t 5 - « . J 84% 85
G en. m o rt.. 4 c ............1920. AAO 101% 102
......... ....... . . 103S f 7 0
: M m o rt.
70% P h ila A B ea d , n e w 4
1953. J . U
73% 76%
B a ri. A Mo. Hiv«*r E x . a p t
! 115% 116
l a t p ro f. In co m e, 5 g. 1958. F e b 1 3 7
37%
m . . . . . . . . 1 9 1 8 , J A J 105% ........
2d p re f. in c o m e , a g, l o s s . F eb. l
28%
: 27%
. P la in 4 a............................1910, J A J j S» i........
3d p r e f . Incom e, 5 g , 1958, F ob. 1 21% 2 1 V
'•b it-. B u rl.A 5>>r. l»t.*.,l!»2 6 . AAO 104% : l o t %
2 4 , 7 s ....................... . . . . 1 0 3 3 , A A O 1 10% . . . . . .
2 d lu o rt. 6 a ................ 1 9 1 8 , J A J ) JlOO 101
C onsol, m o rt. 7 a ..........1911, JA U f
D e b e n tu r e a » ................ I S f titJ A D | | B9% 1 0 0 : C o n s o l.m o t!. 6 * . . . . . . 1 9 1 1 , JA D i 129 1129%
.........120 %
Chic. B u rl.A % u !n r} 4* .1 # 2 2 ,F A * 1 V I \ 92%
lo ip r o v e tn e u t M. 6 g ., 1897, A A O i 10ti HIT
; Io w a (H v la lo a 4 a ........19 1 9 . A A O '/ 95% 95%:
•••■
t*
C
*aM
.,5
g
.,a
ta
m
p
e
d
.l9
2
2
.M
A
N
|
102
1102%
C hic AW .M ich. k i i . 't ,, 1 9 2 1 , J A H } 8 0 i 8« 4J j11 rc rro lu a J 5 *. g ......... l # t i , o . ~ f .
1 0 3 % .........
c o r w tl. e f VB ra w n !, 5 a , 1ft 13, J A J
8 7 % :;p itii. H e ad , a- X . k . 4 s . .......... , U H 2 [ 4 7
50
;C u r r e n t 'H ire r, l a t , 5 » .,1 » 2 7 . AAO
....
la c o tto -s, a e rie s a ................. .1 0 5 2
[D m . L an a. A W ops M. 7a. 1907. J A J
. *— : i la c o m e a , s erf es B ........ .
1 <152
1 a .t e r n l a t m o r t 6 g. 1906, MAS
l l a % . : l ’Wl. W iitn. A H alt.. 4 * .1 9 1 7 , AAO
« H M
* r w .E I k . A M - V., 1a t , 6a. 1933, AAO
12J% P itt* . C. A 8 t. 1„, 7 a-----1900. FA A 114 i..........
. U B a ta m p c lU t, 6 a ..,.1 9 3 3 ,A A O ’
1 .1 % 8 c h u y l.B .E .9 j,!e ,l« t5 * .1 9 3 5 , J A D 1 0 7 % .........
K .c C.A 8 p rtn « .,l* t,5 |r„ 1 9 2 8 ,A A O |
6 0 8te t!b « a .A In d ., l a t m .,S*. 1914, J A J
69
70
K C. P .8 . A 51. « db .6 « . 1828, MAM U uK ed S . J . , 6 * .......... .. 1 8 8 4 , AAO i o n : : : : : *
88% . 5 t% K.C. M «s». A B ! r ,.l«w5« ,l 927, MAO
3
2
W»rr«*u A F r a n k ..la t.7 a .ls 9 6 .F A A lo t >104%
K.C. 81. J o . A C . B „ 7 a . . 1907, J A J
83*'**64** L H ock A F t. 8 ., lai.7 a..M I& S , J A J
......... A tU t°!l!A tliS f.!* !? ? ? * .* ! 9 0 7 , J t j 112% 113
8 i 8% lawila..Kv *>.i L .,l« t,6 R .l9 2 6 ,A A O
fu c o m e 8a.......... ..........1300, AAOf 94% 97
..........I 43
2 m ., 5—6 it...................1936, A A O
. . . . . B a ltim o re B e lt, 1 st, 5 s . 1990, MAX: 109% 101
1 3
(M ar. II, A O u t.,6 « ........19 2 5 , AAO
103
j B a ltim o re A O hio 4 g„ 1 9 3 5 , A A O
7
10
M exican C e u tra ;, 4 a ..1 9 1 1, J A J
51%
P ttta . A O m ni., 5 * ... 1 9 2 5 . FA A •
.L
6 5 j 0 7 j Ifite u n a c l-iu c o n u 's , 2 a,
1 2 || 8 (a t« o ta la u d , 2 4 , 5 * .1 9 2 6 , J A J . 8 2 % '- 86*’
2*1 e u sa u L in cim icv, 3a, noivc-usa.
.%
:U
e
i.A
O
h
lo
8
,W
,,ls
t,4
%
«
.1
9
9
0
.J
A
J
i
103
* 4 5*'j*4S % ft, Y . A Jf.K u * ,, I * t,7 a , 1905, J A J 1 0 , % ( V p eF .A V w l.,K e r.A .,6 * .l9 16 , J A i l 8ft j 7 5 '
7 5 ; 75%
l a t m a rt. 6 a . , ............. ,1 9 0 5 , J A J
104% ! 8e r t « i B , . 6 ({..................1 9 1 6 , J A D . .
! 70
..........| 5 6
2 d m o rt. V s . . . ..............1902, PA A;
«8
B e rle a C ., 6 * ...................1916, JA D I
..... 7 0
O ftie n . A L .C .,C o n .6 « .. .1 9 2 0 ,AAO
lo t
l e a l O hio. 4% * ...............1930, MAS) 1 0 2 % 1 04
„ 1 0 r .8 * ..........................................1920
......... C h a r t Ooi AAU*. 1 st
7a. 1895, J A J 89
10 2
R u H a n d , l H . S s ........... 1902,14AM
110
G a .C a r . A X or. l a t 5 g .,1 9 2 8 , J A J ' 97% 08
2 d , 6 a . . , . .......................1H JS.FA A
101
V orth. C e n t, b e ..................... 1900, J A J 1 1 2 1 1 3
6.1 . . .
.....................1904. J A J 115
........
, JA ji
•! S e rte a A , 8a ................... 1920, J A J 1 1 2 I
n s
is o
;A tla n tic C ity 1 s t 6«.
19l8,M «fevl
4 % » .....................
1925, AAO 106 f
B eiv iiie re D e l,, 1*1,6«. .1 9 0 2 . J A I li
P te .lta .A O u m ., 1 st. 5 * . 1911, F A a
98% l o o
*85 ! -SO , C a ta w U a a , M .,7 * ..........1900, FA A 1
i P l t u . A C o n n c iia . l a t f a . i« 9 8 , j a h 1 0 0 % 1 1 0
9% 10% ;C le arfie ld A J c rf., l - ( , 6». 1927, J A J
!
V
irg
in
ia
M
id.,
l
a
t
6
*
...1
9
0
6
,
MAS!
I
ll l i n k
ObBltec ti n*. 0 * . . . . . . 1 9 0 0 -0 4 , M A S
•:i 2 4 S e rie s, 6 s ......... ...................... 1 911 M.«S i l l
13%-' 14 |D eL A B 'd B r 'k . 1 s t. 7 a .1 9 0 5 .F A A
.
3
4
d
e
n
e
s
,
6a
.................1
9
1
6
,
MA81
!
3%
4% B ajaten A A m , 1*434. .6*.1 9 2 0 ,M A S
..
4 th 8 «rica, 3-4-5*....... 19 2 1 , MAS:
4%
4% E lm ir. A W Utn., 1 s t. 6». 1910, J A J
S
th
S
c
r
lo
a
,
5
*
................1926,
MAS*
9
5
j 97
3%: 4
H u n t, A B p d T o p .O tn .5».'0o.A A O
W eet V a C. « <•• I s i . r t c b l l . j . i i 103% 101
9%, 1 0 % lA thigh S» V . 4 % s ........ .,1 9 1 4 , o —J
W
ea
ft.
8
.0
.
O
busol.
6
g
.
1914,
J
A
J
:
39%
90
2%
2 d 6 s , c o ld ......................1697, J A D
. WUtn. C o t * A u g ., 6 * .. 1910, J A D 1 1 2 % ........
45
46
G e n e r a l m n rt. 4 %s, e .l 9 2 4 . Q _ F
w *rrvoists.t.s r.*,»ua.
KMCKUASKOCa.
7 I 8
I 4 4 | t r t l . C M l 1*1 6S.S-1333 JA J
B alU tuore—C U y H a lt 6 a . 1 9 0 0 ,0 - J : 111% 112
78
L e h iih V alley , 1 s t 6 a ... 1896, J a b
F u a d u u t C a .................., i a o o . d - j i
..........195
2 d 7 * ..............
1910, MAS
i ; W est M aryi’a U R . 6 # ..1 9 0 2 , J A J 114
115
26
27
C o n so l. 6 ..............
1923, J A D
•
it
W a te r 5 a , ................... .1 9 1 6 , MAX 121 122
Hr
109
K o rth P e n n . 1 s t, 7 s___ 1886, MAV
, ‘ F u n d lo * 5 a ................... 1816, W A S!
125
G e n . M. 7 s ...................... 19 0 3 , J A J
it EX'fb a n fit. 3 % s .. . ........ 19 3 0 , J .U
103% 1 0 2 “
158 11*69* re n i.n ;iv h s in a K « n .0 s ,r ,. l 9 i o , V nr
'V ir g in ia ( B ta t e l8 a ,n e w .1932, J A J I 71 1 7 . - ,
S I ............. C o n so l. 6 t , «
............. 1906. Vex
i
U
h
>
'.-a
p
o
a
k
sQ
e
a
,0
a------19
0
0
,
J
A
D
j
1
06 ilO b
1%
1%
C onsol. 5*. r ................... 1919, V nr
! (looaol. G a a, 6 « ........ . . . . . 1 9 1 0 , J AD 113% H I
4 9 j 6 0 : O o tia t. T r. t% ............ 1913, J A D
.....................
..1
9
3
9
,
J
A
J
,
,
i
5
a
100%
IO j s
32%) 8 3 ! P a . A
Y. C a n a l , 7 a . . .IM w . j a P 125
E q u ita b le G w , 6« ___1 <1 a A ADI 109
.........
| A a d a c c ru e d In te ra c t.
t La*-t p ric e th is w eak.

>112

THE CHRONICLE.

424

[Y ol.

l v ih

NEW YORK STOCK EXCHANGE PRICES (ContinnedX—4 C T /F E BONDS M A R C H » A N D FOR Y E A R 1804.

7. .

C losing R a n g e (sa les) i n
, . Vivon*;

KAILEOAD AND M iSCEl.

L o w est.

1894. i

H ig h est, i

C losing R a n g e (sa le s) i n 1894,
R a il r o a d a n d M is c e l . B o n d s . Inter* l P ric e
Loxoest.
P eriod M a r. 9.
Rig}*est.

Mo. P a c . ( Con J —3d , 7 s . . . 1906 M A N 105*2b. 103 J a n . 107 Feb.
9934 J a n .
9 9 b, 95 J a n .
P a c . o f Mo.—1 st, e x ., 4 g .1 9 3 8 F A A
2 d e x te n d e d 5 s ............... 1938 J A J 1 0 4 b. 9 9 J a n . 105 M ar.
S t.L .A Ir.M t. 1 s t e x t., 5 8 .1 8 9 7 F A A 102 b. 100*2 F e b . 103 J a n .
2d, 7 g ................................ 1897 M A N 106*2 102 J a n . 106*2 M ar.
C airo A rk . A T e x a s ,7 g.l& 97 J A I> 96*2b. 9 7 M ar. 9 9 F e b .
74 Jan.
71 J a n .
G en. R ’y A la n d g r.,5 g.1931 A A O 7 3
M obile A Ohio—N ew , b g . . 1927 J A I) 1 15 ; 111*2 J a n . 115 M a r.
61 F e b .
5 7 7g J a n .
G e n e ra l m o rtg a g e , 4 s ___1938 M A S
58*2
N ash. Ch. A St. L.—1 s t, 7 8 .1 9 1 3 J A J 127*2 125*2 J a n . 128*2 F eb.
4 2 M ar.
* 42*<>a. 3 2 J a n .
C onsol., 5 g ..........................1 9 2 8 A A O 1 0 0 *2b. 9 8 J a n . 102 J a n .
C e iit.G a .-S .A W .l8 tc o ii.5 s .1 9 2 9
C e n tra l o f N. J . —C ons., 7 s . 1899 Q—J 1 1 4 b. 112*2 J a n . 115 F eb. N .Y .C e n tral—D e b t. e x t.4 s . 1 9 0 5 ;M A N '10214b. 101*2 J a n . 103 M ar
123 J a n . 1 25 J a n .
1 st, co u p o n , 7 s ...................1903 J A J 125
C onso l.. 7 s............................ 3902 M A N 123*4b. 121 F e b . 123*4 F eb.
G e n e ra l m o rtg a g e , 5 g . .. l 9 8 7 J A J 1 1 2 *20 . 110*2 J a n . 112% Feb. I D eben., ns, co u p ., 1 8 8 4 .. 1904 M A S *106 b. 107 J a n . 1 1 0 F e b .
1
19
b.
116%
J a n . 119*2 F e b .
1
08%
F
e
b
.
N.
Y.
A
H
a
rle
m
,
7
s,
r
e
g
1900
M
A
N
107
I
t
105
J
a
n
.
L e b . A W. B ., co n ., 7 s, a s ’d . 1 9 0 0 Q - M
R. W. A O gd., c o n so l., 5s. 1922 A A O 115 b. 113% J a n . 115*4 F e b .
“
m o rtg a g e 5 8 .1 9 1 2 M A N 100 b. 1 0 0 F e b . 102 F e b .
I
l
l
F
e
b
.
103*2
100*2
J
a n . 103®8 M ar..
W
est
S
hore—G
u
a
r.,
4
s
.
.
.2361
J
A
J
J
A
J
I
l
l
b.
108*2
J
a
n
.
A m . D ock & Im p ., oh— 1921
993j M ar.
97*4 J a n .
C e n tra l P acific—G old, 6 s . .1898 J A J 1 0 6 b. 103*4 J a n . 106 M ar. !>N. Y. C hic. A S t. L.—4 g . . . .1 9 3 7 A A O 99*2
109%
J
a
n . 111 F e b .
1105sb.
A
A
O
119
M
ar.
N.
Y.
E
le
v
a
te
d
—7
s...............1906
J
A
J
11
Stab.
115
*2
J
an
.
C hes. A Ohio—M o rt., 0 g ...l9 1 1
1 s t co n so l., 5 g .................... 1939 M A N 104*2 101 *4 J a n . 105 Fel). !:N .Y . L ack . A W .—1 st, 6 s . . 1921 J A J 1 3 0 b. 127*2 J a n . 129*2 F e b .
75*2 Feb. I| C o n stru c tio n , 5 s ............... 1923 F A A I l l b. 110 F e b . 112*2 J a n .
72 J a n .
G e n e ra l 4 *28 , g ....................1992 M A S 7 4%
8934 M ar. N .Y .L.E.& W .—1 s t,co n .,7 g .1 9 2 0 M
131*2 J a n . 135 F e b .
89 34
84 J a n .
” A' S 132
K . A A. D iv ., ls tc o n ., 4 g . 1989 J A J
84*8
J a n . j 2 d co n so l.. 6 g .................... 1969 J A D
86
M ar.
85%
•J
A
J
83
74*2 J a n .
78%
J
a
n
.
“
2 d co n ., 4 g .. 1989
L o n g D o c k , consol. 6 g . .l 9 3 5 A A O 1 27 b 126 J a n . 128 F e b .
96 J a n
100*2 Feb.
E liz . L e x . & B ig S a n .- 5 g .1 9 0 2 M A S 97%
8
4
7s
F
eb.
82*4
J
a
n
.
M
A
S
121
M
ar.
N.
Y.
O
ut.
A
W
—
R
ef.
4s,
g
.
1992
J
A
J
1203
4
b.
119
J
a
n
.
83*8
C hic. B u rl. A Q .- C on., 7 b. 1903
J A D 108%
107 J a n . 109 F e b .
9 7 F e b . 100*4 M ar.
D e b e n tu re , 5 e ......................1913 M A N 100*4
1
05
b.
J
A
J
M
A
S
10334
F
eb.
104*4
J
a
n
.
10630
F
e
b.
1
0
2
%
101*2 J a n .
C o n v e rtib le 5 s ....................1903
9130 F eb. | M id lan d of*N. J ., 6 g . .. .. ‘l9 1 0 A A O 116*2b. 1 17 J a n . 117*2 J a n .
D e n v e r D iv isio n , 4 s .........1922 E A A * 91 b. 90*8 F e b .
J
A
J
M
A
N
9
0
M
ar.
N
orf.
&
\
v
.
_
i
o
o
-y
e
a
r;
5
g
.1
9
9
0
89*2b. 85*2 J a n .
N e b ra s k a E x te n s io n , 4 s . 1927
8 5 a.
M d.& W ash. D iv .- ls t,5 g . 1941 J A J
H a n . A S t. J o a .-C o n s ., 6 s 1911 M A S 115 b. 115*4 J a n . 119*2 F eb.
M ar.
C lue. A E . 111.—1 s t,s . f . , 6 s. 1907 J A 1) 13 6 l). 1 11*2 J a n . 116*2 F eb. N o rth . P a c .—1 s t, c o u p ., 6 g . 1921 J A J 1 1 1 % 105% J a n . 112
G e n e ra l, 2 d, co u p ., 6 g ..,1 9 3 3 A A O 8 4 b. 78*2 J a n .
85 J a n .
C onso l., 6 g .......................... 1934 A A O 1 2 0 b. 118*2 J a n . 121*2 Feb.
58*2b.
J
A
D
99*4
M
ar.
52*2
J
a
n
.
60*4 J a n .
G e n eral, 3d, c o u p ., 6 g ..,1 9 3 7
9 7% J a n .
G e n e r a l c o n so l., 1 st, 5 s .. 1937 M A N 99%
29
30*2 J a n .
98 J a n .
C onsol, m o rtg a g e , 5 g .... 1989 J A D
96% b. 95*2 J a n .
26*4 J a n .
C h icag o A E rie —1 s t, 5 g . . . 1982 M A N
Col. t r u s t g o ld n o te s, 6 s . 1898 M A N
35 Jan .
32% b. 31*2 J a n .
In c o m e . 5 s ............................ 1982 O ct.
4838 J a n .
43 Ja n .
Chic. & N. JPac., 1 s t, 5 g .1 9 4 0 A & O 45*2
83% b. 83 M ar. 8 7 J a n .
C hic. G a s L. A 0 .—1 s t, 5 g ..l9 3 7 J A J
5 0 b. 140 J a n . 150*2 M ar.
S e a ttlc L . S.& E .-ls t,g u .6 .1 9 3 1 F A A
C hic. M il. A St. P .—Con. 7 s . 1905 J A J 1 2 7 *2 b. 126 F e b . 1 2 8 M ar.
3 2 b. 30*2 F e b .
32% M ar.
1 s t, S o u th w e s t D iv ., 6 s . .1 9 0 9 J A J 1 1 4 l). 112 J a n . 114 M ar. N o rth . P a c . & M o n .—6 g . . . 1938 M A S
J
A
J
100
11134
J
a
n
.
95 J a n . 1 0 0 F e b .
115% M ar. N o rth . P a c . T er. Co .— 6 g . .l 9 3 3
1 s t, So. M inn. D iv .. O s... 1910 J A J 115 b.
1 s t, Ch. A P a c . W. D iv. ,5s .1921 J A J 1 0 9 b. 1 0 7 J a n . 109% Feb. Ohio & M iss.—C ons. s .f .,7 s .l6 9 8 J A J 108*2b. 106 J a n . 106 J a n .
C hic. & Mo. R iv . D iv .,5 s . 1926 J A J 103 b. 101*2 J a n . 102*2 F eb. || C onsol., 7 s ............................ 1898 J A J 1 08 %b. 106 J a n . 109*4 M ar.
94
96
Feb.
92*2 Feb.
W ise. A M inn. D iv ., 5 g . . . 1921 J A J 1 0 6 b. 1 0 4 J a n . 108 M ar. O hio S o u th e rn —1 st, 6 g . .. . 1921 J A D
5 0 a. 4 5 F e b .
48*2 J a n .
T e rm in a l, 5 g ...................... 1 9 1 4 J A J 108 1). 1 0 6 J a n . 108 Feb. ,| G e n e ra l m o rtg a g e , 4 g . ..l 9 2 1 M A N
4 5 b. 4 2 F e b .
42 Feb.
90*2 J a n . !i O m ah a A St. L o u is —4 g . . . l 9 3 7 J A J
9 0 b. 9 0 J a n .
G en. M ., 4 g ., s e rie s A . . .1 9 8 9 J A J
97*2b. 92*2 J a n .
98*2 M ar.
M il. & N o r.—1 s t, c o n .,G s .lu lb J A D 1 1 4 b. 112*2 J a n . 115 F e b . !| O regon I m p r . Co.—l 6t, 6 g .1 9 1 0 J A D
46 Ja n .
5 6 M ar.
140
138 J a n . 141 M ar. 1 C onsol., 5 g ........................... 1939 A A O 56
C hic. A N . W .—C o n so l., 7 s . 191 ? Q - F
C o upo n , go ld , 7 s ................ 1902 J A I> 1 2 4 b. 121*2 J a n . 125 M ar. O re. R .& N av . Co.—1 st, 6 g . 1909 J A J 108*4b. 104*2 J a n . 108*2 M ar.
C onsol., 5 g ........................... 1925 J A D
67 b. 6 0 J a n .
71 Feb.
S in k in g fu n d , 6 s ................. 1929 A A 0 117 b. 116 J a n . 117 Feb.
F eb. || P e n n s y lv a n ia 4 s, g ...............1943 M A N
S in k in g fu n d , 5 s ................. 1929 A A O 110 b. 1 0 7 78 J a n . I l l
S in k in g f u n d d e b e n ., 5 s ..1 9 3 3 M A N *108 b. 106*4 J a n . 109 J a n . |j P e n n . Co.— 4*2 g ., c o u p o n ..1921 J A J 108*2 1 06 J a n . 108*2 M a r7 5 b. 7 4 J a n .
80 J an.
2 5 -y e a r d e b e n tu re , 5 s — 1909 M
xr A
f* N
XT 106 *2b. 1 0 4 J a il. 108 J a n . Peo. D ec. A E v a n s v .—6 g . . 1920 J A J
7 0 b. 74*2 F eb.
75
Jan .
98 b. 9 7 J a n .
9834 F e b . j E v a n s v ille D iv ., 6 g .........1920 M A S
E x te n s io n , 4 s ......................1926 F A A
20 b 19 J a n .
25 *Jan.
2 d m o rtg a g e , 5 g ................ 1926 M A N
Cliic. P eo .A S t. L o u is—5 g.. 1 9 2 - M A 8
76 % M a r 76%
67*2 J a n .
C hic. R .I.& P a c .—6 s, c o u p .1917 J A J 1 2 6 b. 1 2 3 J a n . 127 F e b . 1!P liila. & R ea d .—G en .. 4 g ..1 9 5 8 J A J
31 J a n .
3714 M ar.
97*4 J a n . 10130 M ar. i| 1 st p re f. in c o m e , 5 g ....... 1958
37*4
E x te n s io n a n d co l., 5 s ...1 9 3 4 iJ A J 101
27
2d p re f. in c o m e , 5 g .........1958
9 2 M ar. 95 Fob.
19*2 J a n .
27*4 M a r ,
3 0 -y e a r d e b e n tu re , 5 s . . . 1921 !M A S 93T
2 1 7e M ar.
3 d p re f. in co m e, 5 g ..........1958
21*2
16*2 J a n .
C hic. St. P. M. & O.—6 s . . . . 1930 J A D 124% b. 119*2 J a n . 125 M ar.
81 F e b .
85 F e b .
7 5 b. 8 0 J a n .
84 J a n . P itts b u r g A W e s te rn —4 g .1 9 1 7 J A J
84*2
C le v e la n d & C a n to n —5 s ... 1 9 1 7 J A J
R ich. A D a n v .—C on., 6 g '..1 9 1 5 J A J 112
106*2 J a n . 112 M ar.
C. C. C. A I .—C o n so l., 7 g . 1914; J A D 129 b .......................
C onsol., 5 g ........................... 1936 A A O t 6 7 b t 6 5 J a n . 171 F e b .
G e n e ra l co n so l., 6 g .........19 3 4 J A J H S * 2b. 117 J a n . 119 J a n .
73
72 J a n .
C. C. C. A St. L.—P eo . A E. , 4 s . 1 94 0 A A O
74 Feb. R ic h .A W .P .T e r.-T ru s t,6 g .l8 9 7 F A A i 51*2 140 J a n . 151*2 M ar..
15
15 J a n .
Con. 1 s t & col. t r u s t , 5 g .. 1914 M A S t 2 2 % 118 J a n . \ 23% F e b .
In c o m e , 4 s ........................... 1 9 9 0 A p ril.
16 Feb.
6 8 % b. 67*2 F e b .
97
95 J a n .
70 Jan.
R io G. W e s te rn —1 st, 4 g . .l 9 3 9 J A J
97 J a n
6738 M ar.
91 Feb. St. J o . & G r. I s la n d —6 g . .l 9 2 5 M A N
6 7 b. 65*2 M ar.
C ol. H . V a l. A T ol.—Co n ., 5 g. 19 31 M A S 87 b. 86*2 J a n .
92*2 Feb. S t.L .A S a n F r .— 6 g., Cl. B . 1906 M A N 1 1 0 b . 101 J a n . 110*2 F eb.
87 J a n .
G e n e r a l , 6 g ......................... 1904 J A D 91
: 6 g., C lass C ......................... 1906 M A N 110*2 101 J a n . 110*2 M a rD e n v e r A R io G .—1 st, 7 g .1 9 0 0 M A N 1 1 2 *2b.
743 4b. 73 F eb .
90 Ja n .
00*4b. 82
Jan .
77*2 J a n .
1 s t c o n so l., 4 g ................... 1936 J A J
G e n e ra l m o rtg a g e , 6 g .. 1931 J A J
5538 J a n .
57%
58% J a n .
St. L. So. W est.—1 s t, 4s, g .1 9 8 9 M A N
D e t. B . C ity A A lp e n a —6 g . 1913 J A J * 58 a.
23 J a n .
17%
2d, 4 s, g., in c o m e .............. 1989 J A J
26 Feb.
20 J a n .
16% J a n .
D e t. M ac. A M.—L d. g ra n ts . 1911 A A O 23
115*2 J a n . 120 M ar.
D u l. So. Sh. A A tl—5 g ___1937 J A J * 9 5 a. 93 F eb .
96*2 J a il. S t.P .M .& M .—D a k . E x ., 6 g . 1910 M A N 1 20
93
94 M ar.
115 J a n . 117*2 M a r 1 s t c o n so l., 6 g ..................... 1933 J A J 118
86*2 J a n .
E . T e n n .Y .A G a.—C on.,5 g .1 9 5 6 M A N
96 J a n . 103*2 M ar.
99*2b. 97*2 J a n . 100 M ar.
K n o x v ille A O hio, 6 g .._ 1 9 2 5 J A J 1 0 2 %
“
re d u c e d t o 4*2 g ___ J A J
77
66 J a n .
87 M a r F t. W. A D e n v . C ity —6 g . ..l 9 2 1 J A D
M o n ta n a E x te n s io n , 4 g . 1937 J A D
77 M ar.
87
84 Ja n .
G a l.fi.A S a n A n .-M .A P .I).lst,5 g M A N 9 0 b. 90*4 J a n .
91 J a n . S an A n t. & A .P .—1 s t ,4 g .,gu.,M 3 J A J
50*2 J a n .
56 J a n .
55%
84
85 M ar. Sec’ty C orp. (N .C ord.) 1 s t con. 6 s. M A N
G en . E le c tric , d e b . 5s, g . . . l 9 2 2 .1 A D
68 J a n .
64
60 J a n .
H o u s. A T . C e n t.,g e n .4 s ,g .l9 2 1 A A 0
64 M ar. So. C ar.—1 st, 6 g ., e x c o u p . 1920
1 0 7 b. 105 F e b . i i o
Feb.
9434 J a n .
Illin o is C e n tra l—4 g ............1952 A A 0
100 F eb . 101 Feb. So. P acific, A riz .—6 g . . 1 9 0 9 -1 0 J A J
9 0 b. 91 F e b .
110 J an. 11 L J a n . So. P a c ific , C al .—6 g . . . . 1905-12 A A O 107*2b. 107% F e b . 108
I n t . A G t. N o r.—1 st, 6 g .. .1 9 1 9 M A N 110
Feb.
2 d 4 -5 s...................................1909 M A 8 62 b. 61 »4 M ar. 67 F eb.
1 st, c o n so l., gold, 5 g
1938 A A O 89% b. 88 J a n .
90% M ar.
86 J a n .
Io w a C e n tra l—1 s t, 5 g ....... 1938 J A D 90
9 7 b. 95*4 J a n .
90 M ar. So. P acific, N. M .—6 g .........1911 J A J
98 J a n .
81 b. 79 J a n .
80 J a n . T e n n .C .I.& R y .—T e n .D .,1 s t , 6 g A A O
K in g s Co. E le v .—1 st, 5 g . .l 9 2 5 J A J
83 b. 7 5 J a n .
83 F e b 84%
L a c le d e G as—1 st, 5 g ..........1919 Q - F
8 4 b. 7 7 J a n .
81 J a n .
85 J a n .
B irm in g h a m D iv ., 6 g .,..1 9 1 7 J A J
86 F eb.
7 8 34
7234 J a n .
L a k e E r ie A W est.—5 g ___1937 J A J 115 a. 110% J a n . 13 4*2 M ar. T e x a s & P a c ific —1 s t, 5 g .. 2 0 0 0 J A D
7 8 34 M a rL . S hore—Con. c p ., 1 s t, 7s.. 1900 J A J 119*2b. 118 J a n . 119*2 M ar.
2 3 78 J a n .
2d, in c o m e , 5 g ...................2000 M arch
21*2
17*2 J a n .
C onsol, co u p ., 2 d, 7 s ........1903 J A D 12358b. 122 J a n . 124*2 Feb. Tol. A n n A r. & N. M .—6 g . 1924 M A N 1 07 b.
L o n g I s la n d —1 st c o n .,5 g . 1931: Q—J r l l 5 % b . 113 J a n . 1 1 5 7s M ar. T oledo A O hio C e n t.—5 g ..l9 3 5 J A J 1 0 7 b. 1 04 J a n . 1 0 7 F eb.
G e n e r a l m o rtg a g e , 4 g. 1.1 9 3 8 J A D
'
9~~
6 b.
93 F eb .
79*2b. 78*8 J a n .
96 J a n . T oledo P e o . A W est.—4 g . .l 9 1 7 J A J
79*2 M a rL o u is. A N a sh .—C o ns.,7s..l> *98|A A O l l l * 2 b. 110 J a n . 112 F eb
Tol. St. L. A K a n . C .—6 g . . 1916 J A D i 63
58*2 J a n . \ 6 3 M ar.
N . O. A M obile, 1 st, 6 g . .1 9 3 0 'J A J 1 1 4 b. 112*2 J a n . 115*8 J a n . U n io n P a c ific —6 g ............... 1 8 9 9 |J A J 1073sb. 105 J a n . 107*4 F e b .
“
“
2 d , 6 g . .l 9 3 0 : J A Jl 100 a . 9 7 J a n .
07 Jio„
E x t. s in k in g f u n d , 8 s ___1899|M A S
Feb97
an
9 9 7g
95*2 J a n . 1 0 3
G e n e ra l, 6 g .........................19 3 0 J A D 116 a . 109*2 J a n . 116 M ar.
49 Ja n .
C o lla te ra l t r u s t , 4 *2 ..
4 6 b. 45 F e b .
.1 9 1 8 3 1 A N
U n tie d , 4 g.......................... 1940 J A J
b. 72*4 J a n .
91 F e b .
G old 6 s, col. t r u s t n o te s . 1894 F A A
91
82 J a n .
76% M ar.
85 b . 76 F e b .
N a s h .F l.& S li.- ls t,g td .,5 g .’37 F A A
K a n . P a c .-D e n . D iv ., 6 g. 1899 M A N v107*2b. 101 J a n . 107*2 F e b 90 Feb.
84*2b. 82 J a n .
K e n tu c k y C e n tra l—4 g .,1 9 8 7 J A J
1 s t c o n so l., 6 g ................ 1919 M A N
90 Feb.
84 Feb.
89 b. 8 2 J a n .
L o u is. N. A. A C li.—1 st, 6 8 .1 9 1 0 J A J 1 1 4
9030
108 J a n . 113*2 M ar.
O re g o n S h o rt L in e —6 g .,1 9 2 2 F A A
91 F e b .
75 J a n .
C onsol., 6 g ................ ........1916 A A O 95 b. 93 J a n .
O r.S .L .A U t’hN .—Con. 5g. 1919 A A O 5 2 b. 4 8 J a n .
56
Feb.
98*4 M ar.
L o u is. S t. L. & T e x a s —6 g .1 9 1 7 F A A
58 a. 55*8 J a n .
U .P .D e n . A G u lf, c o n ., 5 g. 1939 J A D
42 J a n .
47*2 M a r 57 J a n .
47*2
M etro . E le v a te d —1 st, 6 g .1 9 0 8 J A J 118
116 J a n . 118*4 Feb. V irg in ia M id.—G en. M .,5 s. 1936 M A N
70 Ja n .
88 *2 M ar88*2
2d , 6 s..................................... 1 8 9 9 M A N 108 7« |1 0 7 J a n . 1 0 8 76 M ar.
85
M ar.
“
“
s ta m p e d g u a r .. M A N
85 b. 7 2 J a n .
M ich. C e n t.—1 st, c o n s., 78.1902 M A N : 1 2 3 ~b. 122 F e b . 123*2 J a n . W ab ash —1 s t, 5 g ....................1 939 M A N 104*4 102 J a n . 104*2 M ar.
C o n 8 0 l.,5 s ......................... 19 0 2 ,M A N 105 b. 106
M ar. 1 0 6 M ar.
2 d m o rtg a g e , 5 g ................1939 F A A
7 0 Feb.
76*2 J a n .
71
M iL L a k e S h .A W .—1 st, 6 g .l9 2 1 M A N 125*2b. 1 2 4 J a n . 126*2 Feb.
21
M a rD e b e n t, M ., s e rie s B ........ 1939 J A J
2 5 a. 21 Mar.
E x te n . & Im p ., 5 g ........... 1 9 2 9 F A A 1 0 6 * 2 ^ ,1 0 5 % F eb . 107*2 J a n . W est, N. Y. & P a .—1 s t, 5 g . 1937 J A J
99*4b. 98*4 J a n . 1 0 0 *4 J a n .
M o. K . & E .—1 s t 5s, g., g u .1 9 4 2 A A O 803 4
80 Jan .
22
Jan.
82 Jan .
2 d m o rtg a g e ........................1927 A A O
18*2 F e b .
19*4
M . K . A T e x a s — 1 s t,4 s , g . . 1 9 9 0 J A D 80*2
78 Ja n .
8 0 78 Feb. W est. U n. T el.—C o l.tr ., 5 s . 1938 J A J 104*2 1 03 J a n . 104*2 J a n .
2 d , 4 s , g ............................... 1 9 9 0 F A
A 43*2
41 Feb.
76
Feb.
7 3 b. 6 4 F e b .
47*2 J a n . IW ise. C ent. Co.—1 st, 5 g ... 1937 J & J
M o. P a c .—1 s t , co n ., 6 g ___1920IM A
N 91*2
87 Jan .
18
Feb1 4 b. 13*2 F e b .
91*2 M ar. I In c o m e , 5 g ......................... 1 9 3 7 |.............
111 F e b .
A m e r. C o tto n O il. d eb ., 8 g .l9 0 0 Q—F 113
0 7 J an .
7444
A t.T o p .itS .F .—1 0 0 - y r .,4 g .l9 8 9 ,J A J
31*2 J a n .
35*2
2 d 3-48. g ., d . “ A ” ............i9 8 9 A A O
28 F e b .
31
C ol.M id lan d —C one., 4 g . 1940,1? & A
_______
44*2
Feb.
A tl. A l ’a c .—G u a r., 4 g ---- 105*7
4*8b*
2*2 J a n .
W. X). in c o m e ,6 a ............ 1 9 1 0 J A J l
ro o k lv n K iev. 1 s t, 6 g . . . .1 9 2 4 A & O 1 0 3 l>. 1 0 0 .lan .
TTnlmi E le v a te d .—6 ir___1 9 3 7 M & N
96*2
94 J a n .
C a n a d a S o u th e rn .-

P

O
O
T-<

N ote

113*2 J a n .
7 4% M ar.
3 5% M ar.
32 Ja n .
48*2 J a n .
4 Feb.
107 J a n .
97*2 F e b .

“ b ” in d ic a te s p ric e h id ; “ a ” p ric e a s k e d ; th e R a n g e is m a d e u p fro m a c tu a l s a le s o n ly .

* L a t e s t p ric e th is w e ek ,

t T r u s t r e c e ip ts .

NEW YORK STOCK EXCHANGE PRICES—[Continued).—IN A C T IV E BONDS—M A R C H 9 .
S E C U R IT IE S .

Railroad Bonds.

B id.

A sk.

S E C U R IT IE S .

B id .

A sk.

B. A O .—Dons, m o rt., gold,5s. 1988 112
....
W. V a. A P it ts .—1 st, g., 5s.. 1990
(S to c k E xc h a n g e E r ic a .)
B. A O. 8 . W ., 1 st, g „ 4 % s... 1990 103
A la b a m a M id.—1 s t, g., g u a r. .1 9 2 8
90
M onon. R iv e r, l s t g ., g . 5 s .. . 1919
A . X. & 8 . F .—2d , 4 s, C lass £ .1 9 8 9
C en t’lO h io R eo r.—1 st, 4% s 1930 103
Col. M id. 1 st, g., 6 s ................ 1936
A k .A C h .J u n o .—lst,g ,5 s,g u , 1930
102
A tla n tic & D a n v .—1 s t g., 6 s . .1 9 1 7
B ost. H . T u n . A W .-D e b . 5 s. 1913
A tl. A P a c .—2 d W . D .,g u . 6 s ,. 1907
B ro o k ly n E le v a te d —2d, 5s .. 1915
B a lt. A O hio—1 s t, 6 s, P a r k B .1 9 1 9 *118
- 70
B ru n sw io k A W’n —1st, g. 4 s. 193S
*«, g o ld ....................................... 1925 111
Bufl. Ro< h . A P it ts .—G en., 5s. 1937
98
96
* Mo p ric e F r id a y ; th e s e a r e t h e l a t e s t q u o ta tio n a m a d e t.hiw

S E C U R IT IE S .

B id .

A sk.

B .R .A P .—R o ch . A P ., 1 s t, 6 8 .1 9 2 1 120%
118%R o ch . A P it ts .—C ons. 1 s t, 68.1922 11 7
B u rl C ed. R a p . A N o.—1 s t, 5s. 1906 105 106
98
97
C onsol. A co L lat. t r u s t , 5 s . . .1 9 3 4
M inn. A S t. L .—1 st, 7 s, g u . .l 9 2 7 115
Io w a C. A W est.—1 st, 7 s ___1909 100
90
C ed. R a p . I . F . A N ., 1 s t, 6S.1920
98
85
1 s t, 5 s ...................................... 1921
C .O hio—Col. A C in .H .ls t,4 % s .l9 3 9
C e n t.R R . A F h n k .—Col. g. 5 a . 1 9 3 7 * 7 0

March 10, 1804. J

THE CHRONICLE.

425

N E W YO RK ST O C K E X C H A N G E P R I C E S .—IN A C T IV E BONDS —fC ontinued)—M A R C H 0 .
B id . A sk.
! B id . IrU k . 1
S E C U R IT IE S .
S E C U R IT IE S .
s
106
iN o rth e m P a c ific —''C o n tin u e,!.!
..........
E .A T .H .—M t. V e rn o n 1 s t 6 s .1923
H e le n a A R e d J T n —l 8 t.g - 6 s .1 9 3 7
......... ..........1
Co. B r. 1 st, g - o s........... 1930
5| 1 0 3 % ......... |t
60
■50
D n lu th A M a n ito b a —ls t,g .6 s l 9 3 6
3 1 0 3 % .........
D nl.& M an D a k -D iv .—I s t6 s .l9 3 7
?! 1 0 4 % .........
114
C ceur d ’A le n e —1 s t, 6s, g o ld .1 9 1 6
1 *106
90
95
G en . 1 s t. g., 6 s ........................1933
95
P o r t H u r o n —1 st, 5 s ............. 1939
C en t. W a s h in g to n —1 s t,g ..6 s .l9 3 S
..........
N o rfo lk A B o n th ’n —1 st. 5S.S-1941
*......... 101
F la . C en A P e n .—1 s t g. 5 s__ 1913 103
L a n d g r a n t, 5 s, g ..
1 s t co n . g .t 5 s ........... .............. 1913
N o rfo lk A W est.—G e n e r a l, 6 s . 1931
*106 | ..........j F t W o rth Sr R. G .—I s t g - 5 s ..1928
N ew R iv e r, 1 s t, 6 s .................. 1932
5 9 7e 61
..........
H u p . A E x t ,, 6 s........ .................1 9 3 4
96
G al. H a r. 4 S a n A n t.—1 st. 6 s . 1910
9 0 I..........i G al. H . A 9. A .—2<1 m o re . 7 s . .1 9 0 5
A d ju s tm e n t M ., 7 s .................. 1924
5 0 -y e a r 5s.
108 109 ,G a. C ar. A N o r.—1 st, gu. 5s, g.1929
E q u ip m e n t, 5 a .......................... 1908
1 11 7 % ,.........
C lin c h V al. 1 s t 5 s ....................1957
* t7 ..........!
E o a n o k e A S o .—1 s t, gu . 5 s. g .1922
......... ..........
! S cioto V al. A N .E . —1 s t.4 s ,.1 9 9 0
100 1..........
115%
O hio A M iss—2 d co n so l. 7 s . . .1 9 1 1
.............. 47
I S p rln g -D iv .—l s t 7 s ...............1 9 0 5
N .H a v e n A D e rb y , C o n s.5 a . 1918 ■101
2d , 6*.
! G e n e r a l 5 s .................................. 1932
105
Ill
101
lO hlo R iv e r R R .—1 s t, 5 a .........1936
112%
.1 9 1 2 100 103 I G e n . g . , 5 s ................................... 1937
>*107
O re g o n A C a lifo r.—1 s t, 5s, sr.1927
103%
80
O reg . R y A N a v .—C o L tr. g..5 s,1 9 1 9
l 105
107%
P a n . S iu k .F ’d S u b sid y —6 -, g. 1 9 1 0
105*4
P e n n .-P .C .C A 8 t-L .C n .g .4 's s A l 9 4 0
1 s t. g o ld , 3 % s ........................... 1951 *95
Do
do
S e rie s B
G o ld 4 s ........................................1953 "95
Debenture 6s.
106
C a iro B rid g e —I s ......................1950
I P .C .A H .L ls t ,c ..7 s ..................1 9 0 0
..........
S p rin g !. D iv .—C o u p - 6 s ___ 1898 301%,
P itts . F t. W. A C — 1 st, 7 s . . .1 9 1 2
2 d , 7 s .......................................1912
9 6 4 97% ! M id d le D iv .—R eg., 5 s............1921 1 08
9 0 |1 C. S t. L . A N . O —T en. 1., 7 s . 1897 I l l ' s 112
86
3d , 7 s .........................................1912
*.......... 99% :
1 s t, c o n so l., 7 s .......................1897 I l l ' S 112 >s
C hic A I n d ia n a C o a lC h .S tL .A P .—ls t,c o n .5 s ,g .. .1 9 3 2
.......... 111%
2 d . 6 s ........................................ 1907
I C lev. A P . - C o n s - s. £d„ 7 « .1 9 0 0
no
G o ld , 5 s, c o u p o n ..................1951 113%
G en. 4% s, g ., " A " ...............1942
125
1257s1:
M einp. D iv ., I s t g . 4 s .........1951
1 s t, 7 s, $ g ., R . I
! 8 t. L V . A T . H . - l 6 t , 6 s . , 7 s . l 8 9 7
117
120
D u b . A 8. C.—2 d D iv ., 7 s . - 1 8 9 4 100
2 d . 7 s .........................................1899
1 st, I. A M - 7 s .
119
121
95
C ed. F a lls A M inn.—1st, 7 s ..l9 0 7 | 85
1 st, I. A D - 7 s .
2 d . g u a r., 7 a ............................1898
1 2 5 4 127 !
......... l! G d .R .A I.E x t.—1 » t.4 '* s ,0 .z . 1941
1 s t ,C. A M - 7 a .
129% ......... i
121% P e o .* K .-ln d .B .A W .-ls t,p f.7 a .l9 0 0
102
..........
O hio Ind.A W .—I s tp n - r . 5 s ..1 9 3 8
1 2 4 4 , ----126 ;! ---------------------------------- -------------1 s t, H . A D . , 7 s ...............................................
........ .R P e o rla A P e k . U n io n —1 s t, 6 s .1921
.......... II In d . Ills. A Io w a .—1 st, g. 4 s.. 1939
79% 8 0 's _ 2 d m o r t g - 4 % * ........................1921
1 st, H . A D ., 5 s —. . . ............. 1 9 1 0 11002214 s ..........
.......... 118
In t.A G .S ’n— ls t,6 s .g .................1919 110
1 0 j1 10%, P it ts . C leve. A T o l.—1s t. 6 s ... 1922
......... 104
7 5 i 7 8 j P u t s . A L. E r .—2 d g. 55. “ A ” . 1928
K in g s Co.- F .E l..ls t,5 .g ..g a . A. 1929
j 104 ..........
102
........ Pitta. Me. K. A Y .—1st 6 s ____1932
*112 120
113% ;116 i Pitta. P a in sv . A P .—1st, 5 s . ..1 9 1 6
*100
D e t. M. A T .—1 st, 7 s ............. 1906 125 _____ P itts. Sbeu, A L. E .—ls t .g ..5 s . 1940
lo t
L a k e S h o re—D iv . b o n d s, 7 s. 1899 I I S 's ! 117.
Pitts. A W eet.—M. 5 s, g. 1 8 9 1 -1 9 4 1
114
115
K a l. A ll. A G . R .—1 st gu. Ss.1933 109
P ltts.Y 'gst'n A A .—1st. S s.con . 1927
107% 106%
M a h o n 'g C oal R R . - l s t , 5 s . 193-1 u o
........ Pres. A A r il. C ent.—1 st. 6 s, g. 1916
106
.......... I)
2d incom e Os............................ 1916
99 . . . . . .
120
.........
107 108% Rich. A D au v.—D eb en tu re 6 s . 1927
120
! E quip. M. s. f., g - 5 s ............. 1909
. . . . . . { 95
1 ..........
P e n in s u la
113%, I I I
A tl. A C har.—1st, p r e f - 7 a .. 1897
Ill
N. Y. A H ' W B . - l s t . g . 5 s . 1927' 89 1100 i
do.
In c o m e , 6 s . ...1 9 0 0
| 126
2 d m o rtg ., m o .................. ..19271
..........j
WashuO.AW.—ls L 4 s,g tt.o y .,1 9 2 i
37*s 50
MILL A M ad.—1 s t, 6s
1 0 7 8 ........ j X. Y.AJLm. Beach.—1st. 7s, 1897
98
R loG r. J u n e.—1st. gu., g.. 5s. 1938
107
O tL O. F . A 8 t- P .—1
V. Y.aAM .B.—1st con. >s,g. 1035
Rio G rande So.—1st. g - 5 s . . . 1940
\ 107
BrookPnAMontauk—1st,6s. 1911 107
8t. Jos. A Or. Is.—2d iu c .......... 1925
. —.a . 95
1st, 5 s ................................ 1911 100
Kan. C. A O m aha—1st, 5 s . .1 9 2 7
41% 42
St. L. A, A T .H —2d p ref. 7 s .. 1894
1 .......... ..........i,i
1 st, 2 ' a s . . . .
| a....ft
2d tn. Inc. 7 a ..............................1894
109
P . U . A N a sh .—1st 6s, g . . . . l « t u i ‘l*2
D iv id e n d b o n d s ..................... 1894
90
P e n s a c o la D iv isio n . 6 s . . .. ,. 1 9 2 0 l u «
109
B eU ev. A Bo. 111.—1st, 8 s ...x S 9 0
105
Bt- L outs D iv isio n , 1 st, 6 s ... 1921
B ello v . A Car.—1st, 6 s...........1923
•126% 130
2 d . 3 s ........................................ 1980
C hi.B t.L A P aiL —le t, gd.g.5e 1917
j 126 1*7 | N a s b r . A D e c a tu r —1 st, 7 s , .1 9 0 0 112%, U 0
Bt. L ouis Bo,—1st, gd. g. 4 s . 1931
...... ......
8. L .ils .- rt. A N . A la ............ .1 9 1 0 1 03
do
2d in com e ,3 s . 1931
! 1 1 6 4 117%
1 0 -4 0 . g o ld , 6 s ..........................1924 100%
Car. A S h a w l.—I s t g . 4 s ___ 1932
W est M ich-—5 s,
5 0 -y e a r 5 s , g ................
1937
9 -t% 8 !. L A S . F .—2d 6*, g - oL A . 1906
95%
l l s % ------- j| P e n s . A A t - 1 s t. 6 s. g o ld . ..1 9 2 1
E q u i p - 7 » ................................... 1895
C o lla t. tr u s t . 5 s . g ...............1 9 3 1 1 97
G eneral 5 s ................................... 1931
90
1st, tru st, gold, 5a.................... 1987
65%
9 7 HI sju-N. A lb.A t 'h .—G e n .m .g .5 w lM 0 | 64
( a c h a t ta n Ity .—C ons. 4s------1990! 96% 9 7
Consol, g u a r - 4 s ......................1990
I»
m
lo
.s
.
W
.<
o
lo
n
ix
a
'
a
5J
,g.
1934
K
an. c it y A 8 .—1st, 0s, g ..1 9 1 6
......... .........
Ft. 8. A V. B . B g . - l s t , 0S ...191O
90% _____ , (c m p h ls A C h a ri,—6 s. g o ld —1924
K an sas M idland—1st, 4 s, g .1937
1 s t c o n . T e n s Hen. 7 s ............1915
90
; 8t. Paul A D u lu th —1 s t ,5 a ___1931
.1 9 3 9
91
1 s t, c o n s. In co m e 3», g ..
ji 2d m ortgage 5 s ,........................1917
I 91
itS), P au l M lnu A M. - 1 s t , 7 s . .1 9 0 9
9 2 ill
07
2 d tn o r L ,0 s ................................. 1909
103
M inneap. U n iou —1 st, 6 s ___1922
114% i i u | 2 d . In co m e. 6», ** 1 !" .............. 1917
‘I M ont. C en.—1st, g u a r - U s ..1 9 3 7
(ic h ig a n C e n tra l—6 a . .............. 1909|
j 1 st guar. g. 5 s ............................1937
1 ..........
C o u p o n , 5 » ..................................1931; I l l
*1004
! E a st. M in n - 1 st d iv. 1 st 3 s . 1908
f ......... .........
M o rtg a g e 4 * ...............................1940
Ban F ran. A X . P ,—1st, g - 5 a 1919
Bat.O . AS t r g ift.-D i.Jft.ir.g n . 1989,
Month C arolina—2 d . 6 s ........... 1931
120
h i. L. 8 M tW .-C o n v .d e b .. 5 s . 19071 103%
| In com e. O s ..,............................ 1931
Byra. B tn r. A N. Y.
*120 . . . . J
M ich . D iv .. 1 st. 6 s ...................1924' 122
:8o. P ac. C oast—1 st, g u a r .,4 « . 1937
M o rris A E s s e x —1
1 1 4 0 142
A sh la n d D iv isio n —1 st, 6 s ..1 9 2 5
........ ; fer. RR. A s’n of 8l.L .~ lst,4 % « .1 9 3 9
In c o m e s................................... . . . . .
*1224
105 ..........j T e x a s A N ew O rleans—l s t , 7 s . 1905
120
120 ........ ,|1 Sab ine D iv isio n , 1st, 6 » .....1 9 1 2
Io w a E x te n s io n , 1 st, 7 s . . . . .1 9 0 9 109
. . . . . . I C onsol. 3 s, g ............................... 1943
1104 1404
, 103
2 d m o rtg ., 7 s .............................1891 113 .......... T hird A ven u e (N .Y ).—1 st 3*. 1937
Pa. Div., coup., 7».
.1 9 1 ' ISO
S o u th w e s t E x t .—1 st, 7 s........1910 120 .......... ToL A. A. A Cad.—6 s .................. 1917
128%
P acific l i t . —1 s t, d s ...........,1 9 2 1 108 .......... T oledo A. A, A U 'd T r .- g . 65.1921
1 st, c o n s., g u a r ., 8 s . . . . . .
lin p r . A e q u ip m e n t, 6 s------.1 9 2 2
1X6% ToL A . A. A Ml. PL—8 s . . ........1919,
119%
te n s- * 8 a r.—1 s t, c o u p ., 7 *.1921 143
.......... I in n . A P a c ,—1 s t m o rtg .. 5 s .1936
.......... 1,ToL A. A. A N . M. —5s, g ...........1940
..........ill iin n .6 t.P .A 9 .8 .M —1 st c .g .ts . 1938
64 .......... T.AO.O.—K an .A M ., M o rt.4 s.1 9 9 0
. . . . . . | jJ [o.K .A T .—K -C .A P - 1 st, ls ,g ,1 9 9 0
.......... U lster A D el.—1st, oom ,6.,5 s . 1928
M e tro poi. R y.—ls t.g u . g .6 « .lt> ll ..........
D a l. A W aco —1 s t. 5 s, g u . . .. 1940
83% U nion Pacific—1st, 6 s ...............1896
D e n v . A H. G .—Im p .,g —5 a . .. 1228
1 st. Os............................................1897
U asourt P a c ific —T r u s t 5 S ...1 9 1 7
90
D u ia th A D o n R a n g e —1 st 5*. 1937 .......... 8 9 || 1 s t
5«. g - ................... ...1 9 2 0
! 1 s t. 6.s...........................................1898
S . Team. V i. A G a .—1 s t, 7 s .. .190, n o
fet L A I . M .- A r k , Hr., I s t, 7a. 1895 101% 104
C ollateral T rust, 0 8 ................1908
D iv isio n a l 5«............................ 193,
105
C ollateral T ru st, 5 s ................ 1907
........ : lo b ile A O hio—1 st e x t - O s... 1927
1 s t e x t., gold , 5 s .....................193.
K a n sa s P acific—1 st 6 s, g . ..1 8 9 5
*........ 4 0 1 Bt, L A C a iro —4S, g u a r ........1931
.........
g » . * U » l n r g . , 8 s . , ..................1938
[o rg a n 's L a . A T .—1 st, 6 s .. ..1 9 2 0 111
1st, 6*. « ..................
1890
M obile A B irm .—1 st, t , 5*. .1 9 3 7
C. Br. U . P . - F . c „ 7 s ............1895
: : : : r r 1 st, 7 s ..........................................1918 126
A la b a m a C e n tra l—1 s t 8 s . . .1 9 1 8 *100 .........
A udi. Cot. A P ac.—1 st, f> s...l9 0 5
107
* r» e —1 s t, e x te n d e d , 7 s . . . ___ 1897 111
A teh . J . CO. A W.—1st, 6 s ... 1905
105 100
3d , e x te n d e d , 5 s ......................IP 19 112
Y. C e n tra L —D eb. g. 4 s — 1905!' 100 %
U .P . Lin. A COL—1 s t,g - 5 s . 1 918
O reg. H. L A U.N
trst. ,5«. 1 9 19
K . J . J u n e —G u a r. 1 st, 4 s ., .l o g o : 98%
107
10'J
4 th . e x te n d e d , 5 s......................1 920 110%
B eech C re ek —1 s t, gold, 4 s .. 1936: 1 0 2 %
U tah A N orth .—1st, 7a......... 1908
6 th . e x te n d e d , 4*......................1928 *100% 102 1 Osw.-. A R o m e—2 d , 5 s, g .,g a .!9 1 5 j *107% 108
G old, 5 s .................................... 1926
1 s t, c e n ., g.. I 'd , 7 s ................ 1920 128 132
C u e * A BL K iv.
U ta h Southern—G e n - 7 s . .1 9 0 9
g - gil.1922
100
’
D e e r e - 1 s t lie n , 6 s . . . ...........
105
.......... 1
E x le n - 1st. 7 s .......................1909
103
B. N. Y. A E . ~ l s t , 7 s ..........
128 U O
112% 1 1 6 HV alley lV y Co. o f O.—Con. 6 s . 1921
i*105 109
W abash—D eb en tu re, Ser. A . 1939
2 d , 4*........................................... 1927
J
D e t AChto. E x t. 1st, 5a, g . . l 9 4 0
75 |
93
•88
B o d . A 8, W .
No. M issouri—1st, 7 s ............1895
04%
,
Y.
T
e
x
.
A
M
ex.—ls
t.4
s
.g
u
.1
9
1
2
100
B
L L K .C .A N .—R E .A R R .7 s. 1895
..........i f
Coal A R R .—6 s ........
Bt-Charles Br'go—le t ,6 s ... 1908
.......... . . . . . . I
Bareka Bpriags— 1st,
W est. Va. C. A P iu s .—1st, 68.1911
E v a n s , A T .H .—ls t.A
*109 s1 1 3 ,| B p o k an e A P a l.—1 st, 6 s....... 1936
W
h
e e l,A L E .—1st. 5a, g o ld ...1 9 2 6
62%
1st, g e n eral, r . 5 s .
1942
> AN.
U e n - 6 S ..1 9 2 3 113 115
E x te n sio n A Im p, g - 6a----- 1930
9 5 1)
B E C U R IT IB S ,

|

*»

Fries t re la y ; these are the late st quotations made this Week.

B id.

A sk

63!s
’ 621s

991* 101 % .
115

106

93
74

‘is T
43

74%

101
85
50

102% I 0 2 7a
*135
123
110
110

112%

107%
■108%
■101% 1024k*
11 3
111
'6 5 ~

.......... — —
80
81"

*80~
84

..........

*93%
55
.......... ..........
101% i o i %
102% 103
109
100
*82
*75

106

110
w
44%

" ot“
67

110 I l l ' s
103%
110
119
116%
109%
99% 9 9 %
102

101
102
BO
114

112
1 15

*50
61
30
74
99% 100
104%

104%

10o%
89

70

102
102

*44*
*47
45
83
*80

43

90
85

98
99
103% 105%
103% 104

107%

107

95

F o r . T L l s a e l l a n s o u s A U n l i s t e d B o n d s —Bee 3 d p a g e preceding.

THE CHRONICLE

426

Jmu'stmcnt

R o ads.

Jlaitvoad Jntcllicjcn.ee.
The I n v e s t o r s ’ S u p p l e m e n t , a pam phlet o f 160 pages, con
tains extended tables o f the Stocks and Bonds o f Railroads,
and other Companies, with remarks and statistics concerning
the income, financial status, etc., o f each Company. I t is
published on the last Saturday o f every other month—viz.,
January, March, May, July, September and November, and is
furnished without extra charge to all regular subscribers o f
the C h r o n i c l e .
The General Quotations o f Stocks and Bonds, occupying six
pages of the C h r o n i c l e , are published on the t h ir d S a tu r 
d a y o f each month.

R o a d s.

L a te s t E a r n in g s R ep o rted .
W eelcorM o 1893-94.

AND

RAILROAD

[V ol. LVIII.

EARNINGS.

L a te s t E a r n in g s R ep o rted .

J a n . 1 to L a te s t D ate.

W eek o r Mo 18 9 3 -9 4 . 118 9 2 -9 3 .

1 8 9 3 -9 4 . | 1 892-93

¥
I
1 4 ,057
1 3 ,9 7 3
14,0 5 7
1 3 .9 7 3
A d iro n d a c k ----- J a n u a r y . ..
189,765
1 5 4 ,8 8 6
1541886 1 8 9 .7 6 5
A lle g h e n y Y a l. J a n u a r y . ..
9 9 ,627
8 7 ,3 6 2
I I , 147 1 0 ,0 5 6
A rk . M id la n d ... D e c e m b e r.
A to h .T .A S . F e. 4 th w k F e b 6 3 1 ,9 1 3 7 1 1 ,3 1 8 4 ,7 8 6 ,5 7 4 5 ,85 9 ,7 2 5
8 t. L. A Ban F. 4 th w k F e b 1 6 3 ,1 7 8 2 0 0 ,1 2 3 1 ,1 2 9 ,8 3 2 1 ,340,708
A gg. t o t a l . . . 4 th w k F e b 7 9 5 ,0 9 1 9 1 1 ,4 4 1 5 ,9 1 6 .4 0 6 7 ,2 0 0 ,4 3 3
6 7 8 ,0 9 4
6 5 4 ,447j
7 7 ,8 2 7
8 2 ,1 0 3
A tla n ta * C h a r .. N o v e m b er.
3 05,417
2 5 8 ,8 6 9
2 0 ,6 8 2
2 7 ,4 3 5
A u s tin & N’w e s^ D e c e m b e r.
B. A O .E a stL in e s J a n u a r y . .. 1 ,2 3 1 ,1 0 1 1 ,3 7 5 ,5 2 0 1 ,2 3 1 ,1 0 1 [ 1 ,37 5 ,5 2 0
3 3 0 ,3 5 6 i 4 6 4 ,5 5 5
3 3 0 ,3 5 6 4 6 4 ,5 5 5
W c e te ra L in e s 'J a n u a r y ...
T o ta l..............J a n u a r y . . . 1 ,5 6 1 ,4 5 7 1 ,8 4 0 ,0 7 5 1 ,5 6 1 ,4 5 7 | 1 ,840,075
B a l.A 0 .8 o u ’w .d 4 th w k F e b 1 2 2 ,9 6 9 1 2 0 ,7 3 5 1,002,2071 1 ,131,454
11,785
STOKl
11,821
QOI
1.821
1,785
B a th & H a m ’nde J a n u a r y . ..
5,359
3 ,4 7 4
2,7 1 6
1,872
B ir. & A tla n tic .. F e b ru a ry .
318,193
287,250!
B ro o k ly n E le v .. F e b r u a r y . 1 3 7 ,5 6 6 1 5 3 .9 9 5
4 48,639
4 2 7 ,7 5 3
58 ,2 3 '
5 4 ,9 7 ’
B u ft.R o c h .A P itt 4 th w k F eb
1 8 ,7 9 4
B uffalo & S u sa . D e ce m b e r
62 ”,269
5 9 6 .0 8 5
8 4 ,o 8 3
8 3 ,1 7 7
B u r.C .R a p . AN 4 tli w k F e b
37,516
3 9 ,5 4 0
3 9 .5 4 0
3 7 ,5 1 6
C a m d e n * A tl.. J a n u a r y
2
,79
5 ,9 0 6
2
,5
4
3
,7
5
5
3
4
5
,0
0
0
2
9
7
.0
0
0
C a n a d ia n P a e ific 4 th w k F e b
2 5 ,251
3 7 ,5 9 0
3 ,2 7 3
3 ,4 0 6
C a r.C u m .G * C h . N o v em b er.
10,706
9,2
6
9
6,1
4
1
4
,8
0
0
C ar. M id la n d .... F e b r u a r y .
8 9 4 ,1 1 3 1.063,783
8 9 4 ,1 1 3 1 ,0 6 3 ,7 8 3
C e n tra l o f N . J .. J a n u a r y . ..
C e n tra l P a c ih c .. D e ce m b e r. 9 2 0 ,7 3 8 1 ,0 1 9 ,2 7 9 1 4 ,2 6 1 ,2 2 4 1 4 ,612,989
86,642
88,5 8 9
8.4 7 5
7 ,3 1 3
C e n tra l o f 8. C .. N o v em b er.
24,823
26,0 0 3
1 2 ,9 0 4
13,4 0 0
C har.C in.& C hic. F e b ru a ry
542,609
5 7 1 ,5 8 5
4 4 ,2 4 4
5 1 ,8 3 2
C h a rle s t’n& Sav. N o v em b er.
36,400
2
8
,5
0
0
2 0 ,0 0 0
1 5 ,5 0 0
C h a r.8 um . A No. F e b ru a ry .
3,643
2,788
3,6 4 3
2,7 8 8
C h a t’a u a L a k e .. J a n u a r y . ..
8 ,7 2 4
8.421
8 ,7 2 4
8,421
C h e ra w .& D a rl.. J a n u a r y . ..
C h es.& O h io ___ 4 th w k F e b 1 9 6 ,1 4 7 1 9 1 ,9 4 8 1 ,4 1 7 ,9 2 4 1 ,504,778
146,743
1 4 0 ,1 4 9
1 4 0 ,1 4 9 1 4 6 ,7 4 3
C hic. B u r. & N o. J a n u a r y . ..
C hic. B u r. & Q.. J a n u a r y . .. 2 ,6 3 6 ,9 8 0 3 ,0 5 2 ,2 9 2 2 ,6 3 6 ,9 8 0 3 ,052,292
699,162
5
7
9
,7
8
3
8 4 ,1 7 0
7 0 ,0 0 6
O h io .* E a s t. III. 4 th w k F eb
2 35,260
1 9 2 ,8 3 2
1 9 2 ,8 3 2 2 3 5 ,2 6 0
C h io a g o * E r ie . J a n u a r y ...
6
77,049
5 2 8 ,3 0 7
8 3 ,3 9 6
7 5 .1 8 9
C hic. G t. W e st’n 4 th w k F ob
C h ic .M il.* 8 t.P t 4 th w k F e b 5 8 1 ,7 6 8 6 5 0 ,3 2 3 4 .2 6 1 .6 0 8 4 ,96 3 ,6 7 3
2
,483,729
C hlo.A N ’th w ’n.. J a n u a ry . 2 ,1 6 9 ,3 1 5 2 ,4 8 3 ,7 2 9 2 ,1 6 9 ,3 1 5
201,171
1 6 0 ,5 2 7
2 3 ,9 5 0
2 0 ,2 5 2
O hio.Peo.A S.L ... 4 th w k F e b
Ohio. R ’k I . & P . . F e b ru a ry . 1 ,2 3 4 ,7 8 7 1 ,3 3 4 ,7 6 5 2 ,5 4 7 .2 9 2 2 .714.915
654,728
5 9 3 ,005
O hio.8 t.P .M .& 0 . J a n u a r y . - - 5 9 3 .0 0 5 6 5 4 ,7 2 8
236,879
2 1 0 ,8 9 4
30,5 5 1
Ohio. & W. M ich. 4 th w k F eb
2 8 ,0 8 6
9 ,0 8 4
8,748
Cin. G a. & P o rts . F e b r u a r y .
4,4 9 8
4 ,1 8 4
101,362
9 4 ,1 8 2
Oin. J a c k * Mac. 4 th w k F e b
14,168
16,5 3 8
3 03,824
2 9 7 .0 0 0
O in.N . O. A T .P J a n u a r y . ..
2 9 7 .0 0 0 3 0 3 ,8 2 4
1 52.454
1 2 7 .0 0 0
A la. G t. S o u th . J a n u a r y . ..
1 2 7 .0 0 0 1 5 2 ,4 5 4
131,463
112.000
N. O rl. * N. E. J a n u a r y . ..
112.000 1 3 1 ,4 6 3
51,750
5 4 .0 0 0
A la. & Vioksb. J a n u a r y ...
5 1 ,7 5 0
5 4 .0 0 0
5 5 ,2 0 7
5 4 .0 0 0
V io k s.S h . A P . J a n u a r y . ..
5 5 ,2 0 7
5 4 .0 0 0
6 4 4 ,0 0 0
E r la n g e r Syst. J a n u a r y . . 6 4 4 ,0 0 0 6 9 4 ,6 9 8
694.698
2,721
C in. N o rth w ’n . . F e b ru a ry .
2,868
1,5 4 0
1,2 9 8
35,205
28,281
16,021
C in. P o rte . & V.. F e b r u a r y .
14,2 7 9
1,875
1,493
Col. & M aysv. F e b r u a r y .
975
675
C lev. A k ro n *C o. 4 th w k F eb
152,790
1 3 5 ,2 6 3
19,391
15,6 8 9
CL C in.C h.& S.L . 4 th w k F e b 2 4 6 ,9 1 2 2 6 3 ,8 1 4 1 ,8 1 7 ,8 0 9 1,968,660
P eo. & E a s t’n. D e ce m b e r. 1 2 1 ,6 2 3 1 6 3 .0 7 5 1 ,7 1 0 ,0 4 9 1,774,286
Col. N ew b. * L. N o v em b er.
4 6 ,120
6 3 ,4 4 7
8 ,1 3 2
8 ,1 9 7
Col. H . V. & Tol. F e b ru a ry . 1 7 0 ,0 6 2 2 4 8 ,5 6 8
526,995
3 5 7 ,7 8 2
Col. S h aw n e e * H D e ce m b e r.
748,105
6 1 8 ,1 8 3
7 7 ,0 5 3
3 8 ,2 2 5
2 ,9 0 0
C olusa A L a k e .. F e b ru a ry .
3,400
1 ,8 0 0
1 ,6 0 0
592
C ry s ta l
1,424
1 ,4 2 4
592
J a n u a r y . ..
C u rre n t R iv e r .. 4 th w k F e b
18,280
1 8 ,1 8 4
2,9 5 2
2,1 1 9
D e n y . A R io Gr. 4 th w k F eb 1 2 0 ,3 0 0 1 6 9 ,7 0 0 1 .0 0 5 .6 0 8 1.394.916
Dee. M .N o. A W. D e ce m b e r.
3 9 2 ,1 7 4
4 15,009
3 2 ,2 8 1
2 6 ,2 3 6
D et.B ay C .A A lp . O cto b er. ..
300,863
3 4 2 ,5 2 6
2 8 ,6 0 8
1 7 ,6 0 8
D e t.L a n s ’gANo 4 th w k F e b
168,545
1 3 6 ,715
2 1 ,3 8 4
1 5 ,8 9 7
D ulu th S .S .A A tl. 4 th w k F e b
3 3 ,5 4 2
265,809
1 9 8 ,4 5 8
24,0 9 5
D a lu th & W inn.. J a n u a r y ...
10,189
16,528
16,5 2 8
10.189
E .T e n n .V a .* Ga 3 d w k Feb. I I I ,
1609
1 0 ,3 3 0
864,127
8 1 1 ,938
E lg in . J o l.A E a s t F e b ru a ry .
1 8 3 ,576
7 1 ,4 3 0
8 9 ,9 8 0
136,215
E u r e k a S p rin g s. D ecem b er.
80,8 2 7
7 ,6 9 7
7 ,1 7 5
81,087
E v a n s A fn d ’pin 4 th w k F e b
4 3 ,3 1 5
8,2 7 9
59,678
5,708
E v a n s . A R ic h .. 3 d w k Feb.
2,5 1 2
9,569
1,3 5 2
13,680
E v a n s v . A T . H 4 th w k F eb
188.454
1 7 7 ,179
2 6 ,4 3 5
2 1 ,4 7 3
F itc h b u r g ........... J a n u a r y ...
5 1 4 ,712
5 1 4 ,7 1 2 5 7 6 ,9 3 3
576,933
F li n t A P .M a rq .. 4 th w k F eb
3 8 1 .2 7 9
5 3 ,9 1 8
433,416
62 ,2 0 5
F lo r e n c e .............. N o v em ber.
1 2 5 ,3 9 4
4 ,2 9 4
1 2 ,5 7 3
35,890
F i.C e n t. A P e n in J a n u a r y . ..
2 4 9 .085
2 4 9 ,0 8 5 1 5 3 ,2 0 7
153,207
F L W . A R io G r F e b ru a ry .
2 5 ,1 6 2
51,944
3 7 ,2 3 9
18,1 2 9
G ads. A A tt. U-. F e b ru a ry *
754
1,0 3 0
483
1,601
G e o rg ia R R ....... 1 s t w k M ar
2 7 4 ,9 8 7
3 3 ,4 8 3
2 9 ,7 7 6
306,461
G a .C a r ’la A No ,1a n u a r y ...
39,3 6 1
6 8 ,7 2 5
6 8 ,7 2 5
39,361
6 8 ,9 8 6
G ao. 8o. A F l a . . . F e b r u a r y .
7 7 ,2 5 6
152,102
1 5 9 ,698
G e o rg e t’n A W’n N o v em b er.
3 7 ,1 3 5
3 ,6 1 5
2,8 7 9
40,302
G r. R a p . A I n d . . 4 th w k F e b
2 7 0 .2 8 0
39,9 5 5
3 7 ,4 2 8
321,238
C in K.A F t. W. 4 th w k F eb
10,000
9,1 5 9
56,9 6 3
69,427
T ra v e rs e C ity . 4 th w k F eb
8 ,5 3 4
1,131
1,0 8 8
7,906
M us. G. R . A 1. 4 tli w k F e b
1,8 3 4
12,9 9 5
2,868
20,128
T o ta l a ll lines. 4 th w k F e b
3 4 8 ,7 7 2
5 3 ,9 5 4
4 9 ,5 0 9
418.699
G ;a n d T ru n k ..
W k M ar. 3 3 4 0 ,3 1 2 3 6 7 ,6 9 1 2 ,7 4 9 ,8 8 0 2 ,979,972
4 8 ,0 6 2
64,7 1 7
C hic. A G r. T r. W k F e b . 17
3 5 7 ,5 2 0
427,245
15,041
D e t.G r.II. A M W k F e b . 1
18,3 8 7
1 1 0 ,9 5 9
127,542
G r. P .W al. A B r. N o v em b er.
20,6 2 9
2,1 9 6
1,968
21,394
3 .2 8 9
G u lf A C h icag o . F e b ru a ry .
6,8 0 4
3 ,1 8 3 '
6,541

1892-93.

G re a t N o rth ’n —
$
St* P . M. A M. F e b r u a r y . 6 5 8 ,1 0 6 7 4 9 ,5 0 5
6 6 ,8 8 0
E a s t, of M inn F e b r u a r y .
6 2 ,326
M o n ta n a C ent F e b ru a ry . 1 17,389
8 4 ,2 5 5
T o t. s y ste m . F e b r u a r y . 837,821 9 0 0 ,6 4 0
1,032
H a rts v i l l e .......... N o v em b er.
965
2,2 7 7
H oos.Tun.A W ’il. F e b r u a r y .
2,091
H ous.E .A W .T ex J a n u a r y ...
3 9 ,155
4 5 ,467
1 2 ,3 3 4
10,000
H u m e s t’n A Shen F e b r u a r y
Illin o is C e n tra l. F e b r u a r y . 1,427,119 1,45 2 ,1 9 4
3 3 ,6 6 3
27,801
In d .D eo .A W est. F e b ru a ry .
9 8 ,203
55,087
In .A G t. N o rth ’n 4 th w k Feb
4 2 ,1 3 4
4 4 ,4 6 0
U n te ro c . (M ex .) w k F e b . 1
3 1 ,5 6 7
3 2 ,0 2 4
Io w a C e n tra l. . 4 th w k F e b
2,9 4 0
3,696
Iro n R a ilw a y .
F e b ru a ry
9 6 ,7 0 0
9 5 ,6 3 2
J a c k . T. A K . W J a n u a r y .
6,197
6.6 5 3
K a n aw haA M icb 4 th w k F eb
5,023
5.6 9 1
K an.C . Cl. A 8 p . 4 tli w k F e b
81,121
1 0 2 ,4 5 3
K .C .F .S .A M em 4 th w k F e b
19,154
2 4 ,6 7 6
K .C .M e m .A B ir 4 th w k F eb
1.691
4,1 7 8
K. C. P it ts . A G. 2 d w k F eb.
3 ,6 7 6
3,791
K an.C . 8 u b .B e lt 3 d w k Feb.
K.
C .W at. A G u lf D e ce m1b7e,000
r
1 0 ,043
6,605
K an.C .W y. AN W 4 th w k F e b
304
242
K a n .C .A B e a t. 4 th w k F eb
7 ,7 7 6
8 ,2 0 8
K eo k u k A W e s t. 4 th w'k F ob
5 .4 2 2
7,091
L . E rie A ll. A 8o. F e b r u a r y .
68,972
8 3 .269
L. E r ie A W e s t.. 4 th w k F eb
2 8 ,2 8 0
3 8 .2 7 0
L eh ig h A H u d .. F e b ru a ry .
4 9 ,604
4 0 ,7 3 0
L ittle R o ck A M. D e c e m b e r.
L o n g I s la n d -----D e ce m b e r
3 8 .5 5 6
27,161
L ouis.A M o.R iv. D e ce m b e r.
L o u is.E v .A b t.L . F e b r u a r y . 1 0 6 ,9 9 8 14 2 ,8 3 2
L o u isv .A N a sh v . 4 th w k F eb 3 5 3 .2 2 0 4 7 9 ,3 9 3
L ou is.N .A .A C b . 4 tk w k F e b
6 0 ,169
4 7 ,1 4 9
L o u .S t.L .A T e x , F e b r u a r y
2 7 .5 3 6
4 4 ,6 9 0
13,952
1 0 ,327
Louisv. A S o u th . 3d w k Feb.
7,4 2 2
M acon A B ir in .. F e b r u a r y .
7,3 0 9
M an c h e s.A A u g . N ovem ber.
1,092
1,449
3 ,0 0 4
M a n is tiq u e .........F e b ru a ry .
10,729
32,782
2 3 .5 2 9
M em phisA C has. 2 d w k Feb.
iM ex ican C e n t. 4 th w k F e b 1 8 9 ,3 4 4 159,221
M exican I n t e r ’l D e ce m b e r. 2 1 1 ,7 6 3 2 1 3 ,2 6 0
7 7 ,812
IM ex. N a tio n a l. 4 th w k F e b
7 9 ,249
M ex. N o r t h e r n . D e ce m b e r
6 3 ,4 2 0
IM exican R ’w ay w k F e b .1 7
6 4 ,073
7 1 ,969
7 ,6 5 2
M in e ra l R an g e . 4 tli w k J a n
7.1 6 9
M in n ea p .A S t.L . F e b ru a ry
1 2 1 .8 5 2 126,375
M.
S t.P . A S.8.M , 1 s t w k4F3e,3b7 9
4 5 .5 4 2
M o .K a n .A T e x .. 4 th w k F e b 1 7 2 ,4 4 0 15 8 ,4 4 7
M o.Pac. A lro u M 4 th w k F e b 3 4 6 .6 8 6 46 9 ,6 7 9
M obile A B irin . 3 d w k Feb.
5 ,1 1 4
5,3 7 6
M obile A O h io .. F e b r u a r y . 2 6 0 ,1 0 1 27 4 ,3 9 6
M ont. A M ex. G li j a n u a r y ..
100 ,00 0
9 1 ,8 7 0
N ash.C h.A 8 t.L . ,j a n u a r y ...
4 1 1 ,7 7 5 4 3 3 ,4 6 2
N e v a d a C en tra ) D e ce m b e r
2,984
2 ,8 4 4
N. J e r s e y A N .Y . D ecem ber.
2 5 ,005
2 5 ,045
N ew O rl. A So’n . . 1 s t w k F e b
3,365
3,333
N .Y .C .A H .R — F e b r u a r y . 3 ,0 0 3 ,9 9 1 3 ,2 8 5 ,0 5 2
N. Y . L. E . A W J a n u a r y . . 1,748 ,6 3 4 2,19 4 ,8 6 2
N. Y .P a. A O h io .. D e c e m b e r
5 0 6 ,0 4 0 62 4 ,8 3 8
N. Y .A N .E n g ... D e ce m b e r.
N .Y .A N o rth ’n . . D e ce m b e r
5 0 ,167
3 7 ,978
N. Y . O n t. A W . 4 th w k F e b
6 3 ,350
6 6 ,015
N. Y S u s q . A W .. J a n u a r y . ..
1 25,303 1 14,598
N o rf. A S o u th ’n J a n u a r y . ..
3 6 ,4 6 2
19,417
N o rfo lk A W est. 4 th w k F e b 15 2 ,7 0 7 1 77,419
N ’th e a s t’n (S.C.) N ovem ber.
4 5 ,6 5 6
4 5 ,2 2 2
N o rth ’n C e n tra l. J a n u a r y ..
4 3 7 ,0 7 0 5 2 1 ,7 1 8
N o rtli’n P a c if ic . F e b r u a r y . 8 9 4 ,7 8 2 1,18 2 ,9 1 1
O co n ee A W e s t, j a n u a r y ...
1,045
2,919
O hio R iv e r ..........3 d w k F e b
1 2 .749
1 0 ,197
O hio S o u th e r n .. 3 d w k F e b
1 4 ,7 8 7
15,871
O m a h a A S t. L . . D e c e m b e r
6 1 .142
4 2 ,5 1 7
O re g o n Im p . C o . j a n u a r y ...
2 8 1 ,4 5 0 2 6 5 ,9 3 6
P a d .T e n n .A A la . O c to b er. .
17.778
1 8 ,6 3 0
T e n n . M idl’d . . O c to b e r ..
2 0 ,4 3 5
16,852
P e n n s y lv a n ia ... J a n u a r y .. 4 ,1 5 9 ,8 2 9 4 ,9 2 3 ,2 4 6
P e o ria D e c.A E v . F e b ru a ry
6 8 ,5 5 4
5 9 .9 8 2
P e te rs b u rg ......... J a n u a r y ..
3 6 ,6 9 7
4 3 ,2 6 2
P h ila . A E r i e . . . J a n u a r y ..
2 3 4 ,9 8 6 3 2 1 .4 0 4
P h ila . A R e a d ’g . J a n u a r y . .. 1,39 4 ,2 9 5 1 ,5 0 5 ,7 8 1
C oal A ir . C o ... J a n u a r y . .. 1 ,5 8 4 ,3 8 2 1 ,8 8 2 ,6 4 9
T o ta lb o tb C o s . J a n u a r y . .. 2 ,9 7 8 ,6 7 7 3 ,3 8 8 .4 3 0
P itts . M ar. A C h. F e b r u a r y .
3 ,0 7 3
2,523
P itt.S b e n .A L .E . J a n u a r y .
2 6 ,8 1 8
2 9 ,2 2 8
P itts b . A W est-- F e b r u a r y .
8 9 ,1 9 8
7 6 .4 5 7
P itts . C l.A T oi. F e b ru a ry
5 6 ,5 2 0
3 7 ,7 8 3
P it ts . P a . A F . F e b r u a r y
1 3 ,5 6 9
14,268
T o ta l s y ste m .. 4 th w k F e b
1 3 ,275
1 3 ,4 3 0
P itt.Y o u n g .& A . J a n u a r y . ..
7 6 ,5 5 6
5 3 ,838
P t.R o v a lA A u g . J a n u a r y . . .
3 0 ,4 1 6
2 8 ,680
P t.R o y .A W .C a r. N o v e m b er.
3 4 ,1 2 4
4 5 ,1 2 7
1 8 ,221
Q uincy O .A K .C . F e b r u a r y .
1 5 ,377
R ic k ’d A D a n v . 4 th w k F e b
7 8 ,5 0 1 1 1 4 ,2 7 0
G e o rg ia P a c . . 4 ih w k F e b
3 3 ,0 7 0
19.458
1 4 .779
7,4 3 2
C h a r C .A A ug. 4 th w k F e b
9,9 4 8
Col. A G re e n v . |4 th w k F e b
6,881
R ic h .F r’ksb . A P. 'D e c e m b e r.
6 5 ,491
5 6 ,282
R .N ic’ls v .I r A B O c to b er. .
5,311
R ich. A P e te rs b . J a n u a r y . ..
2 5 ,259
2 6 ,8 7 4
1 6 ,9 9 2
R io G r. S o u th ’u . 4 th w k F e b
6,4 1 0
R io G r.W e st’n .. 3 d w k F eb.
3 6 ,5 0 0
2 9 ,9 0 0
S ag .T u sco laA H . F e b r u a r y .
8.2 0 7
1 0 ,295
8,2 9 7
Sag.Y al. A S t. L. D e c e m b e r.
6,791
2 9 ,4 6 0
St. L . A . A T. H . 4 th w k F e b
2 6 ,986
S t.L .K e n ’etA So. F e b r u a r y .
2,417
2 ,1 6 7
8t. L. S o u th w ’r n . 4tli w k F e b
87,189 1 2 1 ,9 8 9
St. P a u l * D u l’tb F e b r u a r y .
8 5 ,403 1 1 2 ,5 7 3
8 a n A nt. A A .P . D e c e m b e r.
1 67,859 1 7 0 ,8 3 4
S .F ra n . A N .P ac . 4 tli w k F e b
1 8 ,863
16,389
Sav. A m . A M on. F e b r u a r y .
4 4 ,6 1 3
3 3 ,2 9 4
3 6 2 ,2 1 3 3 3 1 ,4 6 6
S a v .F la . A W est. D e c e m b e r.
8 h e r.S lire v .A So 4 th w k F e b
6,5 8 6
7,680
S ilv e r to n ............. J a n u a r y . ..
6,0 7 3
3,0 0 0
20,000
1 6 ,000
S o u th B o u n d — D e c e m b e r.
So. P a c ific Co.—
G a l.H a r.A S .A D e c e m b e r. 3 1 2 ,0 3 9 3 8 4 ,7 8 5
L o u is’a W e a t . . D e c e m b e r
89,420! 1 1 3 ,8 6 4
M o rg a n ’sL AT. D e c e m b e r. 721,549, 7 5 0 ,3 2 4
2 4 ,7 8 2
2 5 ,1 3 5
N .Y .T . A M ex . D e ce m b e r.
T e x . A N , O rl.. D e ce m b e r.
13 8 ,3 6 6 1 5 3 ,4 8 9
A tla n tic sys.5. J a n u a r y . .. 1,13 9 ,4 0 1 1,19 3 ,8 1 5
P acific s y ste m J a n u a r y . . . 2 ,2 6 1 ,3 2 8 2 ,6 0 0 ,7 8 9
T o ta l Gt a l l .. J a n u a r y . .. 3 ,4 0 0 ,7 2 9 3 ,7 9 4 ,6 0 4
C oastD iv(C al.) £ N o v ’b e r . 8 3 0 ,5 7 9 8 7 5 ,6 1 4
8 o u .D iv .( O a l)

J a n . 1 to L a te s t D a lt.
1893-94.

1892-93.

1 ,3 3 0 ,4 0 0 1,61 8 ,2 3 7
1 26,192
168,318
2 1 8 ,3 5 6
181,240
1,67 4 ,9 4 8 1,967,795
9,5 8 2
10,383
4,2 7 8
4 ,9 0 4
4 5 .4 6 7
3 9 ,155
2 0 ,5 0 0
2 5 ,2 4 4
2 ,9 1 3 ,1 5 5 2,99 8 ,7 8 9
5 4 ,248
8 0 ,187
5 10,141;
7 4 2 ,5 6 7
3 1 3 ,2 5 8 ,
3 0 1 ,6 0 5
3 0 3 ,2 3 4 '
2 91,928
7,457,
5,565
9 5 ,6 3 2 ,
9 6 ,7 0 0
4 6 ,6 5 0
4 5 ,9 2 9
4 2 ,6 1 7
4 4 ,5 0 9
6 1 9 ,0 4 6
7 9 0 ,5 7 7
190.4661
2 0 5 ,5 0 2
2 8 ,443
12,795
2 5 ,3 0 0
2 6 ,875
5 7 ,7 7 2
2,041
5 9 ,7 7 0
9 ,8 1 7
4 6 8 ,1 8 2
6 1 ,6 3 0

5 3 ,9 2 9
2 ,4 1 4
6 4 ,7 1 0
1 5 ,059
5 6 0 ,8 7 2
8 3 ,9 5 0

4 ,2 0 9 ,0 4 1 4 ,2 7 0 ,8 9 6
4 2 0 .1 4 1
4 7 8 ,9 7 9
2 2 2 ,2 0 3
2 9 3 ,0 4 7
3 ,1 1 7 ,7 8 0 3 ,6 7 5 ,2 3 7
3 4 7 ,2 6 4
4 2 4 ,2 7 7
5 4 ,9 1 7
9 5 .2 8 6
8 7 ,663
9 8 ,6 3 0
1 5 ,199
14,051
1 3 .6 2 5
1 2 ,586
9 ,1 7 3
2 3 ,7 3 7
16 5 ,3 9 5
21 1 ,4 2 5
1 ,3 9 8 ,7 3 0 1 ,2 1 2 ,8 1 7
2 ,0 5 0 ,9 3 4 2 ,0 9 5 ,7 2 6
6 6 0 ,7 6 9
7 3 4 ,5 1 2
9 5 7 .1 4 2
4 1 2 ,0 0 5
4 4 9 ,6 8 6
2 2 ,5 1 4
2 3 ,539
24 4 ,3 1 5
25 3 ,3 3 1
2 4 6 ,6 2 3
2 8 1 ,3 1 9
1 ,3 5 1 ,3 1 9 1 ,3 7 8 ,9 6 9
3 ,5 2 4 .8 5 8 4 ,3 7 7 ,0 7 7
4 7 ,1 3 6
4 2 ,8 3 6
5 8 0 ,4 2 8
5 5 2 ,6 6 7
9 1 ,8 7 0
1 0 0 ,0 0 0
4 3 3 ,4 6 2
4 1 1 ,7 7 5
4 2 ,5 8 2
3 9 ,897
3 2 3 ,3 4 1
3 3 1 .4 0 8
1 3 ,1 0 0
1 5 ,816
6 ,1 7 5 ,0 8 8 6 ,7 4 1 ,3 9 6
1 ,7 4 8 ,6 3 4 2 ,1 9 4 .8 6 2
7 ,2 5 3 ,0 5 9 7 ,2 2 2 ,9 5 9
6 ,0 1 9 ,2 0 8 6 ,2 2 0 ,4 9 3
5 7 3 ,0 6 2
5 8 1 ,8 8 6
5 0 9 ,2 8 4
4 8 2 ,5 1 0
1 14,598
1 25,303
1 9 ,4 1 7
3 6 ,4 6 2
1
,3
8 9 ,4 9 5
1 ,3 9 5 .6 9 8
5 5 7 ,8 8 5
5 5 9 ,5 2 7
4 3 7 ,0 7 0
5 2 1 ,7 1 8
1 ,8 3 9 ,5 7 5 2 ,5 0 6 ,1 4 5
1,0 4 5
2,9 1 9
9 7 ,9 9 5
7 8 ,2 7 9
5 9 5 ,7 6 6
5 3 5 ,9 4 9
2 6 5 ,9 3 6
2 8 1 ,4 5 0
1 6 6 ,9 0 5
2 4 3 ,5 3 4
1 7 8 .7 4 6
1 55,676
4 ,1 5 9 ,8 2 9 4 ,9 2 3 ,2 4 6
1 41,165
1 2 2 ,3 6 0
3 6 ,6 9 7
4 3 ,2 6 2
3 2 1 ,4 0 4
2 3 4 ,9 8 6
1 ,3 9 4 ,2 9 5 1,50 5 ,7 8 1
1 ,5 8 4 ,3 8 2 1,882 ,6 4 9
2 ,9 7 8 ,6 7 7 3 ,3 8 8 ,4 3 0
6,381
5,3 5 8
2 6 ,818
2 9 ,2 2 8
17 5 ,1 0 5
17 1 ,9 4 5
10 6 ,2 8 5
82,371
2 7 ,0 7 1
3 5 ,8 1 5
308.461
29 0 ,1 3 1
7 6 ,5 5 6
5 3 ,8 3 8
3 0 ,416
2 8 ,6 8 0
26 0 ,7 0 5
3 1 7 ,7 9 1
3 8 ,069
3 3 ,4 4 6
1 ,3 6 4 ,5 1 1 1,38 8 ,6 1 5
3 52,000
3 5 1 ,7 4 5
1 19,140
1 16,021
1 09,760
1 17,655
7 5 7 ,1 4 4
7 3 2 ,1 5 0
2 6 ,8 7 4
52,741
2 2 7 ,3 7 0
1 7 ,6 5 0
9 2 ,5 5 4
2 2 3 ,6 2 7
5,2 6 7
6 9 9 ,3 7 9
1 7 5 ,6 5 4
1 ,8 8 1 ,5 5 1
8 9 ,0 5 7
7 3 ,601
3 ,0 0 0 ,9 5 9
5 7 ,7 3 4
3 ,0 0 0
2 2 9 ,2 2 6

25,259
107,950
2 47,396
16,676
94,063
256,438
5,156
851,208
244,066
1,669,443
112,942
93,246
3,025,989
47,392
6,073
202,207

4 ,1 9 2 ,7 5 5
1 ,1 0 6 .1 4 3
5 ,7 8 4 ,8 6 0
2 6 6 ,4 3 3
1 ,7 5 9 ,3 0 1
1,13 9 ,4 0 1
2 ,2 6 1 ,3 2 8
3 ,4 0 0 ,7 2 9
9 ,9 4 0 ,9 4 0

4,556,424
1,097,970
5,741,322
257,417
1,690,226
1,193,815
2,600,789
3,794,604
9,416,797

THE CHRONICLE.

i l ARCH 10, 1894.]
L a te s t E a r n in g s Reported.
R o a d s.

Week o r Mo 1893-94. | 18 9 2 -9 3 .

J a n . 1 to L a te st Dale.
1893-94.

1892-93.

8
*
go. Pao. Co -Con
*
A riz o n a D lv .. N ovem ber. 1 8 1 ,763; 1 8 9 ,5 9 0 1 ,3 7 5 ,4 4 6 1 ,8 2 9 ,0 0 2
80,459!
N ew MexJCttv. N o v em b er.
8 3 ,0 9 0
8 7 0 ,2 7 8
9 2 5 .9 1 5
2 4 1 ,5 0 0
1 2 5 .6 0 0 ' 1 5 5 .8 2 9
S o u th C aro lin a . F e b ru a ry
287,711
1.491)
859
19,2 3 7
S o u th * X or.C ar. N o v em b er.
15,751
12,663
1 4 ,0 3 9
1 0 9 .453
S par. U n. A CoL N o v em b er.
1 0 6 ,489
5 5 ,7 9 7 ‘ 5 9 ,9 9 s
5 5 ,7 9 7
S ta te n Xsl. R . T . J a n u a r y . ..
59.9 98
1,615
1 .8 1 7
4 7 .6 2 2
S tonyC L A C M t.. D e ce m b e r
5 9 .1 00
7 4 ,4 6 6 102.431;
7 4 ,4 8 6
S u m m it B ra n c h . J a n u a r y ...
1 0 2 ,431
6 5 ,8 8 3
L y k e n a Y a lle y J a n u a r y .
8 2 ,0 8 9
65,883:
32 ,0 89
1 4 0 ,3 6 9 1 8 4 ,5 2 0
1 4 0 ,369:
T o t'l b o th Co’s J a n u a r y .
1 8 4 ,5 2 0
T e x a s A PacB le 4 th w k Feb' 1 2 2 ,1 8 2
1 6 1 ,4 9 7 1 .0 6 0 .8 9 0 1 .2 0 8 ,6 75
2,971
Tex.S.V alA N .W F e b ru a ry
4,221
6,911
3 .S94
8 9 ,6 7 7
7 4 ,7 6 6
7 4 ,7 6 6
Tol. A. A. AXo. i f . J a n u a r y ,,
8 9 ,6 77
42.777;.
218,333)
2 8 .3 8 2
T o L A O b lo C e n t. 4 th w k F e b
3 3 5 ,9 72
1 4 ,8 5 2
16 .0 8 8
140,523!
Tol. P . A W e s t.. 4 th w k Feb,
15-1,867
T o l.8 L L .A K .C I th w k F e b 1 2 3 ,0 5 4
2 9 ,0 8 3
1 8 0 ,5 8 8
2 7 1 ,1 6 0
2 8 ,4 9 5
2 9 ,4 9 2
4 3 3 ,6 0 4
U ls te r A D e l .. . ‘D e ce m b e r
4242277
O nion P a o lfle —
3 3 5 .0 4 8 5 7 4 ,7 7 2 5. 8 6 1 ,6 3 5 7 ,2 0 1 ,2 0 0
O r.S.L . A O . X D e ce m b e r
31 2 ,1 7 6 ! 3 9 6 ,4 1 2 3,,868,114 4 .8 3 1 .7 9 3
O r.B y. A N .C o D e ce m b e r
3 9 7 ,0 2 - 5 0 6 ,2 1 4 5, 0 9 3 ,3 3 2 5 ,8 8 5 ,5 2 6
0 . P ae. D. A G. D e c e m b e r
2 0 .6 0 3
18,921
163,801
2 2 1 ,6 7 3
8 t-J o .A 0 4 .Iftl. 4 th w k Feb
All o th e r lin e s. D e ce m b e r 1,,443,417 1 ,9 7 2 ^ 6 6 20, ,064,202 2 3 ,9 4 9 ,8 -0
Tot-TT.PSy a D ecern Iter. 2,,6 5 6.235 3 ,5 8 3 ,9 3 7 36, 0 5 3 .4 0 2 4 3 ,1 3 5 ,0 9 8
73 ,3 5 4
9 5 ,9 4 9
O ent-B r.A L .L - D ecern tier
9 7 1 ,5 0 0 1 ,3 19,891
7 6 8 ,1 1 1 1 .0 6 5 .8 4 J
46,2 0 1
6 8 ,2 8 9
M o n ta n a U n ..D e c e m b e r
29,341
3 3 .2 70
3 ,0 4 9
2 ,5 8 3
L e a v .T o p . A S. D e c e m b e r
M an.A l.A B u r. D e ce m b e r
4,231
3,385
4 3 .5 8 0
41.2 63
G r'n d to ta l e D e c e m b e r. 2,,7 5 6,329 3 ,7 2 2 ,0 1 4 37, ,4 4 5 .4 1 7 45 .0 2 5 ,1 77
V e rm o n t V a lle y D ecem b er
1 8 8 .5 4 8
2 0 2 .7 38
2 9 2 ,000
239,001
7 6 8 .0 7 2 2 ,0 8 3 ,6 7 5
W a b a s h ................ 4 th w k F eb
8.194
8 0 ,6 0 1
W A b .C h e* .A W . O e to b e r .. .
9.666:
6 4 ,8 96
9 4 ,1 6 2
91,850)
W est J e r s e y ........ J a n u a r y . .
9 4 ,162
9 1 ,9 5 6 ,
9 0 ,-3 3
1 4 2 ,342
W .V .C en.A P itts F e b r u a r y I 7 0 .5 4 2
1 5 0 .0 -2
3 0 ,9 2 0
30,67:4 0 9 ,7 3 8 :
W est Va. A P itts . D e c e m b e r i
3 5 0 ,4 0 0
71 .2 7 7
7 9 ,0 3 4
144,031
W est. M a r y la n d - F e b r u a r y J
158,390
6 1 .7 1 8
5 1 .7 0 0
W est- N .Y . A P a t t h w k F . b
4 0 7 ,3 4 8
5 3 4 ,4 5 2
2 2 ,6 7 3
1 9 5 ,700
1 0 .0 1 2 '
W heel. A L. E rie l « tw k M ar;
2 4 1 ,2 5 6
1,904
2 ,9 9 2 ’
W lL C haihA C on. N o v em b er.
25,9 26
22.593)
7 2 ,1 3 6
5 8 3 ,1 2 2
6 1 .7 4 5
WS1. C ol. A Am? N o vem ber.;
7 2 4 ,3 5 0
7 .9 2 0
5 .6 5 8
W tig h ts v .A T e n . J a n u a r y . ..
7,8 2 0 ;
5 .6 5 s
I In c lu d e * M ilw a u k e e A N o rth e rn fo r a ll p e rio d s ,
a F ig u re * c o v e r o n ly t h a t p a n o f m ile a g e lo c a te d in S o u th C a ro lin a
b In c lu d e s e a m in its fro m fe rr ie s , e tc ., s o t r iv e n s e p a r a te ly . : M exl
c a n c u rre n c y , r I n c la d e s o n ly h a lf o f d u e s in w h ic h u n io n P a c ific h a s
a h a lf i n te r e s t. <4 In c lu d e s O h io A M ississip p i In b o th y e ar* .
L a t e s t tiros* Earning* hy Weeks.—The latest weekly

earning# in the foregoing are separately summed up as
follows:
For the fourth week of February our statement covers 64
roods, and shows 13-64 per cent loss in the aggregate.
4 ih Mfttk o f F ebruary.
A tch T o e . A B an. F e .......
S t, lo o m A S a n F t.........
B ait. A O hio S o n th w r e t
B u d alo R o d s. A P ttw b 'g
B u rl. O d . R an . A N o r th .
O nilA diaa P A fiiH e * ...___
C hicago & E a s t. Illin o l*
C h ic ag o G r e a t We* te rm .
C h ic ag o M tlw. A » t. P a u l.
Chic, Fcr»rs» A at. L o ttit.
Q U c x p iA W est M ichigan
Cln. J a c k - o n A M ack in aw
O leve. A b ro a d * C o lu m b .
C l*?. O n . C hic, A 8lw k .
D e n v e r A RJo G ra n d e
D e tro it L *oV * a 5ortA *»
D u ln th 8 . 8. A A tla n tic , .
R v a n iv . A In d la n a p o ll*
E r u i r . i t T e rre H a tit#F lin t A Per© M a r in e tte .
G ra n d R apid* A In d ia n a
C in c in n a ti R . A F t. W
T r a v e rs e C ity ...................
M usk. O r. R a p , A to d
G ra n d T r a n k o f C an ad a*
to te rn ri A G t, N ortfa'o . . .
to w n CeatTAi .....................
K a n a w h a A M ic h ig a n —
K a n -a a C ity C lin . A 8 p r
Sj»n. C ity F t. S- A M em ..
K *n. C.
A I l i r m .. ..
K an. C. W yan. A » . W
K a n aa a C ity A B e a tr ic e
L a k e E r ie A W e s te rn ___
L o u isv ille A N a*hvllle.
L outorrllje N. A. A C hic.
M ex ic a n C e n t r a l ..............
M ex ic a n N a tio n a l.............
M e. P acific A from M s .. . .
F . Y. O n ta rio A W eetern
P itts b u r g A W e ste rn -----R ich m o n d A D a n v ille .
G e o rg ia P a e t B c . .. ........
Coiuror>k* a G r r « n r .
Rio G ra n d e ^ o tn n c m —
fit. J as* pb A W . In la n d ..
85. Loot* Son th w e e t r r a ,.
St. L out* A it. A 1 H a u te
8*r. Fr»OCl*ci> A S o . I’au.
fiberfnnn fihr^v e. A So. .
T ex** a I’a c io e . ...a a .a .
T o iftio a O hio O lB tr s J ..
T o led o F e o n a A W « t'o
T o led o fit, 2* A KAa.CHy
............ ...........
W e ste rn 2f. Y. A P e n a .. .
W heeling A L ak e E r ie ..
T o ta l 94 ro»4i» « * . .. ..
N et d e c re a s e I 1 3 6 4 p

1894.

1893.

•
0 3 1 ,9 1 3
1 6 3 ,1 7 "
i2 % m &
54,9 7 7
H4.0 ^3
2‘*7.000
l^ fi.1 4 7
7 0 ,0 0 6
7 5 .1 8 9
5 9 1 .7 6 8
20,'j:>2
2 8 ,0 3 6
10.538
15,8 6 9
34«M»12
2 ,1 1 9
120*300
15,807
24.0 9 5
5 .7 0 8
2 1 ,4 7 3
6 2 ,2 0 5
30,6 6 4
3 7 ,4 * 3
JM 5 9
1,0^ H
1.334
3 0 4 ,1 2 0
5 5 ,0 8 7
3 2 .0 ‘i*
6 ,6 5 3
5.023
81,131
19,154
10.043
304
7,7 7 6
6 8 ,9 7 3
3 5 3 ,2 2 0
47,1 4 9
1 " 9 .3 4 4
7 7 ,8 1 2
1 7 2 .4 4 0
34 S .6 8 6
6 0 .0 1 5
1 5 2 .7 0 7
13.4 3 0
7H„MM
19.158
7,432
0 .8 fii
0 .4 1 0
20,008)
87,180]
2 6 .9 8 6
16J189I
7 ,« 8 0 l
122,18*21
2 9 ,3 8 7
14,8 5 2
2 3 ,0 5 4
2 3 9 ,0 0 0
5 1 ,7 0 0
2 2 ,0 9 1

•
711^19
2 0 0 ,1 * 3
1 2 0 ,7 3 5
5 8 .2 3 7
9 3 ,1 7 7
3 4 5 .0 0 0
101.94H
« 4 ,1 7 0
83 .3 9 6
0 *40.323
23.dSO
3 0 ,5 5 1
14.1 6 8
1!»,391
2 6 3 ,8 1 4
2 .9 5 2
1 6 9 ,7 0 0
21384
3 3 .5 4 2
8 .2 7 9
2 0 .4 3 5
5 3 ,8 1 9
3 2 ,7 5 8
3 9 .9 5 5
10.0 0 0
1,131

5 ,7 2 5 ,9 5 7

.»*«•«)***

* F o r wp*tk e n d e d F e b ru a ry 2 1 .

3 0 6 ,1 1 2
9 8 .2 0 3
3 1 .5 8 7
6.197!
5.091
103.453
2 4 ,6 7 0
6,(505
24 k
f^.200
4 7 9 .3 ^ 3
6 0 .1 6 9
159,221,
7 9 ,2 4 9
158,447
4 0 9 ,0 7 9 '
0.1.350
177.419:
13.275;
1 1 1 ,2 7 0
3 1 .0 7 0
14,7701
9.94fi
10,90 2
13.921
1 2 1 .9 ^ ‘J
2 9 ,4 6 0
0 ,5 8 6
1 0 1 ,4 9 7
V i.1 7 7
IG.Oxfi
2 9 ,0 8 3
2 9 2 ,0 0 0
6 1 .7 1 9
2 5 ,0 4 O'
6 ,6 2 9 ,7 2 7

In r r ta s e . ! Deer i t it.
•
2,2 3 4
908
**4*.i99

•
7 9 .4 0 5
3 6 ,9 45
3,2 60
............
415,000
14.164
8,207
6 9 .5 5 5
3,899
8 ,4 6 5

2 ,3 7 0

3.702
16,002
343
4 9 .4 0 0
5.187
9.447
2.571
1.962

..............

2,0 9 2
2.5 2 7
811
43
1.034
1,693
43,1 1 0

457
456

668
21332
5.5 2 2
3.43-H
62

’ “ ‘432
14.297
126,173
13.020

3 0 .1 2 3

1.437

13,993

1 2 2 .993

2,6 6 5
ii'jv i
155
j

3 5 ,7 6 9
13,612
7,347

1.687
..............
i.0 9 4

____
........
__ _

........
7 2 ,1 2 6
..............

3 .0 6 7
10.3 8 2
........
3 4 ,8 0 0
2,174
2,4 7 4

........

3 9 ,3 1 5
13,3 9 0
1,2 3 6
6,0 2 9
5 3 .(0 0
10.018
2 .9 4 9
9 7 5 .9 9 6
9 0 3 .8 7 0

427

Oar final statement of earnings for the third week of
February covers 76 roads and shows a loss of 14'47 per cent.
3 d meek o f F ebruary.

1894.

1893.

$
5 .6 3 8 ,3 2 2
7 4 .979
19.127
24.21S
4 4 ,4 6 0
1 8 ,848
5,114
10,197
15,871
8 .6 4 4
19,392
2 1 ,509
5 0 ,100

$
6 ,5 9 2 .4 3 9
8 4 .7 6 6
2 4 .5 0 7
3 3 .9 2 6
4 2 ,1 3 4
2 2 .435
5 ,3 ? 6
1 2 ,749
1 4 .7 8 7
1 0 .945
2 1 .5 5 5
2 8 ,3 8 6
65.t;00

5 ,9 5 0 ,7 3 1
..............
• F o r w eek e n d e d F e b r u a r y 17.

6 ,9 5 7 ,0 5 5
..............

P rev io u sly r e p ’d (64 r ’dsl
B url. Ced. R ap . A N o rth .
Chic. P e o ria A St- L o u is.
D u lu th So. S h o re A A tl .
In te ro e e a n io (M ex.)*.. ..
K an, C ity M em. A B irm .
MoMle A B ir m in g h a m ...
Ean F ra u . & N o. P a c ific .
Toledo P e o rm A W e s t'n ..
ro l. S t. L. A K an . C ity ...
W este rn N . Y . A P e n h . ..
T o ta l <76 r o a d s )..............
N et d e c re a s e (14-47 p .e.).

Increase.
5
5 5 ,4 3 6

2 ,3 2 6

Decrease.
8
1 ,0 0 9 ,6 0 8
9 ,7 8 7
5 ,3 8 0
9 ,7 0 8
3 ,6 3 7
262
2 ,5 5 2

i.o s i

........
........

2,3 0 1
2 ,1 6 3
4 .8 7 7
1 4 ,9 0 9

5 8 ,3 9 6

1,065 1 7 0
1 .0 0 6 ,2 7 4

Net Earnings Monthly to Latest Dates.—The table f o l 
lo w i n g s h o w s the net e a r n i n g s reported thi3 week. A f u l l
d e t a i l e d s t a t e m e n t , i n c l u d i n g all r o a d s from which monthly
r e t u r n s c a n be obtained, i s given once a month i n t h e s e
c o l u m n s , and the latest statement of this kind will be found
in t h e C h r o n i c l e of F e b r u a r y 3 4 , 1894. T h e n e x t w i l l a p a r c h 24 .
---- G ross E a r n in g s .----- - ------ Vet E a r n in g s .-------.
1893-4.
1892-3.
1892-3.
1893-4.
$
Moods-—
#
■#
$
At. T. A 8. F e ....... b . J a n . 2 .4 7 7 .5 1 0 3 ,0 5 1 ,5 0 3
3 0 4 ,3 6 8
6 4 4 ,9 6 3
J u ly 1 to J a n . 3 1 ___ 2 2 .0 0 0 .0 1 4 2 4 .8 7 9 .3 8 8 7 ,1 4 1 .5 1 3 7 ,9 9 8 .7 7 7
1 22,623
16 5 .9 4 5
5 7 4 .1 1 3
6 7 5 ,6 9 5
8 t. L. A S a n F r .. h J a n
J u ly 1 to J a n . 3 1 ___ 4 ,8 1 4 ,1 7 4 5 ,7 6 6 ,9 5 9 1 .5 8 0 ,4 7 5 2 ,1 7 6 ,6 4 6
0 2 6 ,9 9 1
A g g re g a te to ta l, b .. J a n . 3 ,0 5 1 ,6 2 3 3 ,7 2 7 ,1 9 8
3 1 0 ,9 0 8
J u l y l to J a n . 31 — 2 6 .3 1 4 .1 3 3 3 0 .6 4 0 .3 2 7 8 .7 2 1 .9 9 0 1 0 ,075.423
B ellaire Z o n e * '.. A ( 'i s . 5 3 .1 0 5
10.435
J u ly l to D ec, 3 1 ___
5 6 ,5 8 0
10.495
1 0 0 .6 1 8
14,971
1 0 3 ,4 9 3
13.754
J a n . 1 u i D ec. 3 1 . . . .
3 9 4 .1 1 3 1 ,0 6 3 ,7 8 3
2 6 1 .9 3 6
3 3 7 .6 0 5
O e n t.e f N . J e r s e y .* . J a n .
5 3 0 .6 0 9
7 4 8 .6 1 6
1 9 6 .7 7 0
3 1 6 ,2 1 1
D en. A R. O ra n d e -b J a n ,
J u ly 1 to J a n . 31 . . . 3 ,9 5 1 .0 8 3 5 ,7 5 7 ,8 2 8 1 .5 5 3 ,2 9 3 2 ,5 7 3 ,5 5 4
1 24.979
139.539
*40.620
*41,931
G eorgia ............. a . F e b .
27 2 ,9 7 9
*84.036
2 4 5 ,3 1 1
•6 9 .1 2 9
J a e . 1 to F eb. 2 8 ___
*424,152
9 9 8 .2 3 3 1 .0 8 0 ,5 1 4
*348,701
J u ly l to F eb. 2 8 —
3 4 6 ,3 0 0
4 0 9 ,8 1 6
Hltnolft C e n tr a l. « J * n 1 .4 3 6 .0 3 8 1 ,5 4 6 ,5 9 5
J u ly 1 to J a n . 31 — 1 3 .8 2 6 .1 7 5 1 1 .7 4 0 ,9 5 5 4 ,6 0 5 ,9 4 2 3 ,2 7 2 .9 3 9
40 3 .7 0 4
1 12,321
14 0 ,3 2 6
4 7 9 .0 0 8
K an. C. F t. 8. A M a J a n .
8 6 3 ,0 4 0 1 ,0 2 5 ,2 9 8
J u ly 1 to J a n . 31 — 2 .9 3 9 .5 2 1 3 ,4 3 9 ,0 5 5
110,611
3 2 ,6 1 9
3 5 ,3 8 5
113,788
K an.O . M em . A B .a . J a n .
1 55,593
14 5 ,2 1 3
6 9 2 .3 5 7
7 3 2 .2 7 6
J u l y 1 to J a tt . 3 1
K ink* Co. E le v a te d —
2 8 1 ,0 6 9
7 1 ,9 4 6
11 0 ,5 5 9
1 99.534
O c t. ! to Deo. 3 1 . . . .
3 6 1 ,3 7 2
301.24!)
8 4 4 .9 3 4
9 18,101
J a e . 1 to D ec. 3 1 . . . ,
1 4 .3 0 7
16,532
2 0 4 ,6 6 3
1 7 4 ,9 7 0
Lou lav. N. A . A C . a . J a n .
6 6 6 ,4 2 9
5 3 3 ,5 9 3
J td y 1 to J a e . 3 1 ___ 2.O 39.701 2 .0 0 6 ,3 2 6
7 1 7 ,2 1 4
6 3 4 ,0 6 0
2 4 1.567
1 60,267
M ex ic a n C e n t r a l— J a n .
34.5,426
1140,256
1137,517
4 1 3 ,2 6 5
M exican N a tio n a l . . . J a n
4
3
,0
5
9
3 7 ,094
126.956
1 2 2 .4 0 1
M inn. A S t. L o u t* . a . J a n .
4 3 1 ,3 9 4
4 3 8 ,2 8 6
J u ly 1 Ui J a n . 31 . . . 1 ,0 4 8 ,0 2 0 1 ,2 4 1 ,7 4 6
5 7 .2 7 1
11,938
2 5 7 .0 9 9
2 6 7 ,4 9 6
N. Y .O n t. A W c ftt.a J a u
5 6 3 .7 0 6
2 .3 5 2 ,2 5 8 2 , 14 9 .6 8 1
7 0 2 ,2 5 7
J u ly l to J a n . 31
2 1 ,4 3 2
3 6 .0 9 7
2 6 5 .9 3 6
2 8 1 .4 5 0
O re g o n Im p . C o.a, J a n .
6 9 .1 3 3
5 7 .641
5 6 2 .1 2 7
5 6 7 ,3 8 1
D ec. 1 to J a m 3 1 . ..
3 3 ,1 9 0
2 6 ,8 0 0
3 2 1 ,4 0 4
2 3 1 ,9 8 6
PfcB adelpblx A E rie J a n .
•.,033
1 9 .221
3 .7 3 6
15.377
Q u in .O m .A K .O .b F eb.
9 ,5 4 0
9.0 4 8
3 8 .0 6 9
3 3 ,4 4 6
J a m I to F eb. 2 8 . . . .
2 5 6 .2 7 7
7 6 4 ,5 2 2
24 6 .0 3 7
7 2 0 ,1 6 6
R ich m o n d A D a n e .D ec.
J u ly 1 to D ec, 3 1 . , . . 4 .3 4 9 .1 7 6 4 .9 0 6 ,3 6 7 1,23 8 ,5 2 1 1 ,8 7 3 .4 1 2
4 8 ,2 2 8
6 4 ,9 5 1
2 1 0 ,8 6 3
1 97,017
G e o rg ia F e rtile . .. D ec
2 6 4 ,2 9 9
139,888
J u ly l to Deo, 3 1 ----- 1,047,001 1 ,0 3 3 ,2 0 5
19.605
5 7 .6 0 0
15,009
55.761
C h a r. Col. A An* ..D ec.
U 2 .0 3 0
3 5 2 ,3 0 0
8 0 .1 6 5
3 2 9 ,7 9 >
J u ly 1 to D ec, 3 1 ___
2 6 ,4 8 7
2 3 ,5 4 6
5 0 ,7 0 7
5 2 ,7 7 2
Hoi. A G re e n v ille , .D ec
9 9 ,7 4 1
2 9 5 ,9 2 0
9 9 .1 8 5
2 7 1 ,2 6 7
J u ly 1 to D eo, 3 1 . . . .
S o u th e rn P a i'ittc •
3
7
2 ,7 2 8
1
.1
9
3
.3
1
5
3
5
1
.9
2
9
A tla n tic « y » to ro .t» .Ja u . 1,139,401
* 1 7 ,9 3 6
7 0 9 .1 6 "
P a rtite »y * tem . to. J a n . 2 ,2 6 1 ,3 2 " 2 ,6 0 0 ,7 3 9
1
,2
2
0 ,5 6 4
1
.0
6
0
.0
9
3
3
.7
9
4
.6
0
4
r n ta l or a ll to ,. J a n . 3 .4 0 0 .7 2 9
V e rm o n t V a lle y —
2
5
.4 5 1
2
1
,2
6
4
5
0
,3
5
6
4 3 ,3 6 0
O ct. I to D ee, 31 . . .
8 0 .505
5 3 ,4 5 4
1M8.548
2 0 2 .7 3 8
J a n , I to D e c. 31 —
2
4
,7
5
0
2
2
.3
38
7 0 ,5 4 2
8 0 ,8 3 3
Went V a. C ent, A l',.,F « b .
11.105
5 0 ,1 5 6
1 5 0 ,0 9 3
1422142
J a n . 1 to F eb. 28 .
2
2
7
.5
21
2
1
9
,2
3
3
0 9 7 ,7 2 2
7 0 2 ,0 3 8
J u l y 1 to F e b . 2 8 . . .
0 ,7 9 7
2 3 .2 9 9
W h lte b re a a t F ue! Co, l a n .
0
9
.1
9
0
9
2
,5
8
3
J u ly 1 to J a n . 31 —
a N e t e a rn in g * h e re g iv e n a r e a f t e r d e d u c tin g ta x e a .
to N e t e a rn in g * b o re g iv e n a r e b e fo re d e d u c tin g ta x e a .
* l n c l u d t n g o t h e r i n c o m e .n e t fro m J a n . I to F e b . 2 8 w a s * 1 1 4 ,4 0 6 ,
a g ain * ! 9 9 9 .5 5 0 . a n d fo r - e v e n m o n th * to F e b . 2 8 0 4 8 5 ,9 5 6 , a g a in s t

0440.567.

,

.

,

t A fte r d e d u c tin g o th e r e x p e n d itu re * fo r re p a ir* , re p la c e m e n t* a n d
g e n e ra l e x p en se * , n e t Incom e a p p lic a b le to in t e r e s t o n b o n d * In J a n u a r y
* » . * 9 1 .7 4 0 . a g a i n s t # 5 2 ,3 5 9 fa«l y e a r . M ex ic a n d o lla r* a r e tr e a te d
aa e o iiiv a le n t to 80 c e n t* U n ite d S t» * i» m o n e y , a n d a ll d e p re c ia tio n
b e y o n d 2 0 p e r c e n t 1* c h a r g e d In t h e a b o vts ite m * . A f te r a d d In g e a r n - —
Ing* re c e iv e d fro m F e d e ra l g o v e r n m e n t to ta l n o t a v a ila b le fo r I n te r e s t J
fo r m o n th w » . # 1 8 2 ,4 0 9 , a g a in s t # 5 2 .3 5 9 l a s t y e a r.
I n t e r e s t C h a r g e s a n d S u r p l u s . — T h e f o llo w in g r o a d s , in
a d d itio n to t h e i r g ro s s a n d n e t e a r n in g s g iv e n in th e fo r e g o in g ,
i re p o r t c h a r g e s f o r in te re s t, & c. . w i t h th e s u r p lu s o r d e fic it
a b o v e o r b e lo w th o s e c h a r g e s .
.
,
—/n fc r'f, re n ta ls, Ac,—, — 8 o i. o f X t t B arns. —,
1893-4,
1892-3.
1 8 9 J-4 .
1892-3
*
*
S
*
Rood*.
1 9 9 ,4 5 0
184,991 d * f.2 ,6 9 0
1 31,230
D e n v e r A R io tir'd® . J a n .
144,1*4 1 .9 1 5 ,7 3 1
' 2~7 ,8 2 3
J u ly 1 to J a n . 31 . . . 1 ,4 1 4 ,1 0 9 '1 ,5
*28.342
'8 7
1 11,483
112,231
K a n . C. F t. 8. A M .. J a n .
*242,107
*33.057
7 8 3 .1 9 1
7 7 9 ,9 9 3
J u l y l to J a n . 3 1 ----d
e
f.2 ,8 6 2
3 8 ,2 4 7 d e f.7 ,3 5 0
3 9 ,9 6 9
K a n . O, M em . A B lr „ J a n .
2 6 6 ,0 0 1 4 f.1 2 J .4 6 3 d f.1 2 0 ,7 8 8
_______________
2 7 8 ,0 8 1
J u ly 1 to J a n . 3 1 . .
* A fte r a llo w in g fo r tnD oellaneom * i n t e r e j t p a id a n d re c e iv e d , to ta l
u o t f o r J a n u a r y w a s *8 7 7 . a g ain * ! # 2 9 .?0 .i. a n d fo r novcn m onth.* to
J a n u a r y 81 w a* # 6 2 ,7 6 3 , a g a in s t # 2 3 7 ,7 1 5 .

THE CHRONICLE

428

fVoL. LYXII,
G E N ER A L BALANCE D E C E M B E R 31.

A N N U A L R EPORTS.
Pennsylvania Railroad.
( For the year ending December 31,1893.)
The full text of the annual report of Mr. G. B. Roberts,
President of this company, will be found on subsequent
-pages, containing statistics of the traffic and earnings of the
past year. Remarks upon the report will also be found in the
editorial columns.
The earnings, general income account and balance sheet for
three years, compiled for the Chronicle , are given herewith,
presenting an interesting comparison.
•EARNINGS ON A L L L IN E S

BO TH EA ST AND W EST O P PITTSB U R G AND E R IE .

1891.

18 9 2 .

$

G ro s s e a r n i D g s .................
O p e r a tin g e x p e n s e s
N e t e a r n in g s .

18 93.

$

$

1 3 4 ,2 5 4 ,6 1 3
9 1 ,8 1 9 ,6 6 0

1 3 8 ,9 7 4 ,5 2 1
9 8 ,3 5 2 ,0 8 3

1 3 5 ,0 5 0 ,7 8 8
9 5 ,4 9 1 ,5 5 9

4 2 ,4 3 4 ,9 5 3

4 0 ,6 2 2 ,4 3 8

3 9 ,5 6 8 ,2 2 9

T R A F F IC ON A L L L IN E S BO TH EAST AND W E ST O F PITTSB U R G AND E R IE .

18 9 1 .
18 9 2 .
1893.
P a s s e n g e r s c a r r ie d ..........
8 6 ,9 3 4 ,5 1 7
8 9 ,6 9 0 ,3 4 1
8 5 ,1 5 1 ,8 8 9
P a s s e n g e r s c a r rie d 1 m. 1 ,6 4 2 .9 1 3 ,2 2 7 1 ,7 5 8 ,9 0 7 ,3 2 2 1 ,8 2 5 ,1 5 8 ,8 3 1
F r e ig h t (tons) c a r r ie d ..
1 2 9 ,9 9 2 ,5 9 9
1 4 1 ,3 7 1 ,8 4 6
1 3 5 ,5 1 4 ,3 8 8
F r e i g h t (to n s) c a r . l in .. 12,2 S 5 ,7 1 4 ,7 0 7 1 3 ,4 5 7 ,0 3 7 ,3 6 6 1 2 ,7 2 3 ,9 0 0 ,7 2 5

Below are given the results on the lines east of Pittsburg
and Erie, comprising the “ Pennsylvania Railroad Division,”
the “ United Railroads of New Jersey Division ” and the
“ Philadelphia & Erie Division.”
T R A F F IC ON L IN E S EA ST O F PITTSB U R G <t E R IE .

18 9 1 .
2 .5 7 3
M iles o p e r a te d ...................
4 4 ,8 1 0 ,7 2 7
P a s s e n g e r s c a r r ie d ------7 9 5 .0 9 8 ,6 1 8
P a s s e n g e r s c a r r ie d 1 m .
2 -0 5 4 Ctfl.
R a t e p e r p a ss , p e r m ile .
6 7 .5 0 1 ,2 6 5
T o n s c a r r ie d .....................
T o n s c a r rie d o n e m ile .. 7 ,1 1 9 ,5 7 6 ,8 1 2
0*659 c ts .
R a to p e r to n p e r m ile ..

1893.
1892.
2 ,5 9 2
2,658
4 6 ,6 4 8 ,5 7 2
4 4 ,1 35,320
8 1 3 ,6 5 2 ,8 6 4
8 4 3 ,8 1 9 ,6 0 9
1*980 c ts.
1-999 cts.
7 1 ,9 1 5 ,3 2 5
6 9 ,8 8 7 ,4 6 0
r,6 1 3 ,3 4 8 ,6 4 1 7 ,4 5 2 ,3 6 6 ,4 8 6
0*614 cis.
0*626 c ts.

E A R N IN G S AND E X P E N S E S ON L IN E S EA ST O F PIT T SB U R G AND E R IE .

18 9 2 .

18 9 1 .
E a r n in g s —
$
F r e i g h t .................................................... 4 6 ,6 5 0 ,1 8 4
P a s s e n g e r .............................................. 1 6 ,9 6 2 ,2 7 0
E x p r e s s .................................................. 1 ,2 1 8 ,4 5 3
M a ils .......................................................
1 ,2 5 3 ,0 6 8
M isc e lla n e o u s ......................................
6 9 5 ,5 0 7
R e n t s .......................................................
2 4 7 ,1 8 4
D e la w a re & R a r ita n C a n a l............
4 0 0 ,1 7 4

4 7 ,4 6 0 ,4 5 3
1 7 ,3 6 0 ,8 7 8
1 ,2 9 4 ,2 2 9
1 ,3 5 4 ,3 8 1
7 3 7 ,5 0 0
2 7 5 ,0 9 6
3 5 9 ,3 0 7

1893.
$
4 5 .6 0 6 ,9 9 9
1 6 ,9 28,195
1 ,2 39,896
1 ,3 45,966
706,193
2 30,833
317,141

G ro s s e a r n in g s ............................. 6 7 ,4 2 6 ,8 4 0
E x p e n se s—
T r a n s p o r ta tio n .................................... 1 9 ,5 4 4 ,3 7 2
M o tiv e p o w e r...................................... 1 2 .0 2 3 ,5 1 8
M a in te n a n c e o f c a r s ......................... 5 ,4 3 0 ,4 7 5
M a in te n a n c e o f w a y ......................... 7 ,6 7 8 ,3 5 6
G e n e r a l...................................................
9 0 7 ,4 9 9
D e la w a re 6c R a r ita n C a n a l............
3 6 3 ,2 2 5

6 8 ,8 4 1 ,8 4 4

66 ,3 75,223

2 0 ,2 0 2 ,8 6 2
1 3 ,1 0 5 ,0 3 4
6 .0 1 3 ,7 5 4
8 ,1 8 6 ,9 5 4
9 5 2 ,4 2 0
3 5 8 ,3 3 7

1 9 ,9 56,746
1 2 ,9 7 7 ,6 0 2
5 ,8 82,475
6 ,8 75,190
9 72,534
3 31,471

T o ta l e x p e n s e s ............................. 4 5 ,9 4 7 ,4 4 5
N e t e a r n in g s ........................................ 2 1 ,4 7 9 ,3 9 5
P e r c e n t o f o p e r. e x p . to e a r n s ...
6 8 -1 4

4 8 ,8 1 9 ,3 6 1
2 0 ,0 2 2 ,4 8 3
70*92

4 6 ,9 9 6 ,0 1 8
19 ,3 79,205
70*80

$

G E N ER A L INCOM E ACCOUNT.

18 9 1 .
1892.
R eceip ts—
$
$
N e t e a r n in g s , a s a b o v e ................... 2 1 ,4 7 9 ,3 9 5 2 0 ,0 2 2 ,4 8 3
I n t . o n P e n n . R R . in v e s tm e n ts .
4 ,8 5 2 ,1 8 1
4 ,9 2 1 ,8 2 8
I n t.o n U .N .J . R R . & C. s e c u ritie s .
2 1 2 ,8 0 1
2 2 5 ,8 5 7
R e n ts o f U .N . J .R R .& C .p ro p e rtie s
2 8 4 ,6 1 6
2 9 1 ,9 2 5
In te re s t, o n e q u ip m e n t...................
3 9 5 ,3 9 1
3 7 7 ,4 8 3
1 9 1 ,7 3 2
I n te r e s t, g e n e r a l a c c o u n t.............
1 8 1 ,9 2 9
M isc e lla n e o u s ......................................
8 3 ,1 7 7
4 3 ,9 6 9

1893.

$

19 ,3 79,205
4 ,9 55 ,0 3 7
2 73,022
3 2 4 ,9 5 4
3 37,927
32,935
1 13,067

2 7 ,4 9 9 ,2 9 3
D e d u ct—
R e n t a ls ................................................... 1 0 ,4 8 2 ,1 3 3
I n t e r e s t o n fu n d e d d e b t .................. 3 ,9 6 7 ,8 1 5
I n t. o n m o rts . a n d g ro u n d r e n t s .
1 1 0 ,7 0 4
5 2 1 ,1 3 0
I n t e r e s t o n c a r t r u s t s .....................
S ta te ta x e s a n d m is c e lla n e o u s . . .
4 4 5 ,6 7 0

2 6 ,0 6 5 ,4 7 4

2 5 ,4 1 6 ,1 4 7

1 0 ,2 2 8 ,2 7 2
3 ,9 6 4 ,0 5 5
1 1 4 ,0 1 4
4 7 5 ,4 1 3
7 7 7 ,8 1 0

9 .9 7 1 ,6 9 6
4 ,0 5 6 ,1 6 5
1 28,474
6 90,832
4 52,545

1 5 ,5 2 7 ,4 5 2
B a l a n c e .......................................... 1 1 ,9 7 1 ,8 4 1
T he above balance w a s m a d e u p
a s fo llo w s :
N e t in c o m e P e n n . R R . D iv is io n .. 1 2 ,2 5 7 ,4 3 2
N e t lo s s o r g a in o n U u . N. J . D iv . —2 7 6 ,4 5 6
L o ss o r g a in o n P h il. & E r ie D iv .
—9 ,1 3 5

1 5 ,5 5 9 ,5 6 4
1 0 ,5 0 5 ,9 1 0

1 5 ,2 99,712
10 ,1 16,435

1 0 ,7 9 4 ,2 6 0
—2 9 9 ,1 9 9
+ 1 0 ,8 4 9

10 ,2 96,248
—1 94,529
+ 1 4 ,7 1 6

B a la n c e , a s a b o v e ..................... 1 1 ,9 7 1 ,8 4 1 1 0 ,5 0 5 ,9 1 0
F rom th is balance d e d u c t—
P a y m e n ts to t r u s t f u n d s .................
9 8 ,6 2 2
8 9 ,1 8 0
C onsol, m o rt. s in k , f u n d a c c o u n t.
3 2 4 ,7 8 0
3 2 4 ,7 8 0
A lle g h e n y Y a l. R R .—D e fic ie n c y .
2 7 4 ,0 6 2
E x t r a o r d in a r y e x p e n s e s ...........
1 ,5 1 0 ,7 5 8
1 ,2 6 3 ,1 3 7

10 ,1 16,435

B a la n c e to c r e d it o f in c o m e a f te r
d e d u c tin g a ll p a y m e n ts ..............
D iv id e n d s ..............................................
R a t e of d iv id e n d ................................
B a la n c e to c r e d it o f p ro fit a n d
lo ss a c c o u n t fo r y e a r .............
B a la n c e in s e ttle m e n t o f c la im s
a n d old a c c o u n ts . &c., in c lu d 
in g P e n n . C o m p a n y d iv id e n d ..

S c r ip d iv . c o n v e r tib le in to s to c k ..

2 ,2 0 8 ,2 2 2

73.855
3 24.780
242,975
2 ,1 63,210

1 ,6 7 7 ,0 9 7

2 ,8 04,820

8 ,8 2 3 ,8 1 3
7 ,6 o 6 ,4 5 6
__ ( ) ___

7 ,3 11,615
6 ,4 0 0 ,5 u8
(■=>)

6

A ssets.
1891.
18 9 2 .
1893.
C o n s tru c t’n , e q u ip ’t,<frc .ra ilro a d s
$
$
$
b e tw e e n P h ila . a n d P it ts b u r g . .1 0 9 ,5 0 0 ,4 2 5 1 1 5 ,3 2 6 ,4 1 5 1 2 3 ,0 8 4 ,2 2 5
C ost of b o n d s o f r a ilr o a d s ............. 3 8 ,0 4 9 ,1 4 4 3 0 ,7 9 4 .6 0 6 3 3 .5 4 1 .7 0 4
C ost o f s to c k s of r a ilr o a d s ........... 6 8 ,0 2 1 ,7 3 5 7 1 ,2 3 9 ,7 3 3 7 3 ,5 9 4 ,8 3 0
C ost of b o n d s a n d s to c k s a n d in 
v e s tm e n ts n o t o th e rw is e e n u 
8 ,5 2 8 ,9 0 2 1 2 ,6 1 4 ,3 6 5 1 1 ,5 4 6 ,3 7 5
m e r a te d ..............................................
M an a g e rs of T r u s t c re a te d by
P e n n . R R . Co. O ct. 9. 1 8 7 8 ___
4 ,2 5 7 ,3 1 5
4 ,1 5 9 ,1 9 3
4 ,3 4 6 ,9 9 5
P en n . RR. consol, m o rt., le ss r e 
2 ,2 6 8 ,7 0 0
2 ,9 1 8 ,2 6 0
2 ,5 9 3 ,4 8 0
d eem ed a n d c a n c e le d .................
12,759
T ru s te e s ’ sin k . fd . c o n so l, m o r t ..
10,000
1 0 ,0 0 0
1 0 ,0 0 0
In s u ra n c e fu n d ................................
3 1 ,4 5 0
4 1 ,4 5 0
3 3 ,4 5 0
M o rtg a g es a n d g ro u n d r e n ta ls .
S e c u ritie s of U n ite d N. J . C o.’s
3 ,2 8 3 ,4 6 0
3 ,3 4 6 ,7 6 0
tr a n s f e r r e d w ith le a s e ........ —
3 ,7 3 3 ,4 4 5
E q u ip m e n t of U n ite d N. J . Co.’s
8 5 3 ,6 2 3
7 8 6 ,9 8 6
tr a n s f e r r e d w ith le a s e ............. .
4 ,2 8 9 ,5 8 7
3,436*501
M ate rials on b a n d ...........................
4 ,3 1 4 ,0 5 0
U n ite d RR. o f N . J . s in k , f u n d 6c
2 ,4 6 3 ,6 2 0
2 ,5 7 6 ,5 4 0
2 ,3 5 0 ,7 0 0
r e d e m p tio n ......................................
A d v a n ce s to o th e r c o m p a n ie s
fo r c o n s tr u c t’n a n d o th e r p u r 
p o s e s .................................................... 1 3 ,5 8 7 ,3 2 1 1 1 ,2 8 9 ,0 1 7
7 ,6 2 9 .4 5 1
1 ,0 1 0 ,9 0 5
1 ,1 5 6 ,6 5 9
C ash to p a y c o u p o n s .......................
1 ,2 2 0 ,3 3 1
3 ,0 4 8 ,1 8 2
2 ,9 8 9 ,2 9 5
3 ,1 0 5 .2 6 7
C ash ia h a n d s of a g e n t s ................
4 ,2 1 7 ,7 5 8
4 ,1 2 0 ,6 2 8
C ash i n h a n d s of T r e a s u r e r .........
7 ,1 0 9 ,5 5 2
T o t a l . . . ........................................... 2 6 6 ,7 2 7 ,8 7 1 2 6 7 ,3 8 7 ,7 6 5 2 7 4 ,3 4 3 ,5 2 0
L ia b ilitie s.
C ap ita l s to c k ........................................1 2 6 .7 7 1 ,2 0 0 1 2 6 ,7 7 4 ,5 0 0 1 2 9 ,2 7 1 ,0 5 0
F u n d e d d e b t ...........................
6 6 ,1 6 6 ,8 4 0 6 6 ,1 2 3 ,8 4 0 7 0 ,7 8 8 ,8 4 0
3 ,4 8 4 ,8 3 6
3 ,9 1 9 ,8 0 0
3 ,0 1 4 ,2 8 6
M o rtg a g es a n d g ro u n d r e n t s ........
P e n n . Co. f o r in s u r a n c e on liv e s ,
7 ,9 0 9 ,0 0 0
<fcc., “ T r u s t c e r tific a te s .” .......... 7 ,9 0 9 ,0 0 0
7 ,7 8 8 ,0 0 0
1 ,1 8 2 ,5 5 0
1 ,1 8 2 ,5 5 0
H a r. P t. M r. J . & L a n . s to c k , g u a r. 1 ,1 8 2 ,5 5 0
7 0 0 .0 0 0
7 0 0 ,0 0 0
“
“ 4 p. c. b o n d s , g u a r .
7 0 0 .0 0 0
1
,0
1
8
,7
9
6
8 1 2 ,3 9 6
5 7 3 ,1 7 7
Traffic b a la n c e s d u e o th e r r o a d s .
1 6 1 .0 0 0
2 4 1 ,5 0 0
3 2 2 .0 0 0
P a y m e n ts fo r le a s e d e q u ip m e u t.
6 ,8 4 9 ,6 1 0
6 ,7 0 7 ,2 0 9
P a y -ro lls a n d v o u c h e r s .................
4 ,8 2 8 ,0 0 6
1 8 4 ,9 5 7
2 0 6 ,4 8 6
15 0 ,7 7 1
D iv id e n d s a n d in te r e s t u n p a i d . ..
S u n d ry a c c o u n ts d u e o th e r ro a d s . 1 5 ,1 2 7 ,7 9 8 1 3 ,5 7 4 ,2 1 3 1 5 ,9 4 6 ,6 2 3
S e c u ritie s of U u ite d N . J . Co’s
3 ,3 4 6 ,7 6 0
3 ,2 8 3 ,4 6 0
tr a n s f e r r e d w ith th e l e a s e .......... 3 ,7 3 3 ,4 4 5
E q u ip m e n t of U n ite d N . J . Co’s
8 5 3 ,6 2 6
tra n s f e r r e d w ith th e l e a s e ........
7 8 6 ,9 3 6
F u n d fo r p u rc h a s e o f s e c u ritie s
4 ,3 4 6 ,9 9 5
4 ,2 5 7 ,8 1 5
g u a r, ( tr u s t o f O ct. 9, 1 8 7 8 )---4 ,4 2 0 ,8 5 0
3 6 3 ,2 2 1
4 2 1 ,4 3 3
T r u s te e o f consol, m o r t ..................
4 ,0 4 0 ,6 8 0
4 .3 6 5 ,* 6 0
4,6*90,240
C onsol, in o rt. b o n d s s in k ’g f u n d .
B a la n c e to p ro f it a n d lo s s ............. 2 4 ,3 3 4 ,8 3 4 2 6 ,4 6 1 ,3 6 1 2 6 ,4 7 8 ,1 5 2
T o ta l.....................................................2 6 6 ,7 2 7 ,8 7 1 2 6 7 ,3 8 7 ,7 6 5 2 7 4 ,3 4 3 ,5 2 0

Oregon Improvement Company.
('For the year ending November 30, 1893.J
Mr. W. H. Starbuck, the President, says in his report: “On
October 14th, 1893, the steamer Newbern, bound from Guayamas to San Francisco, ran ashore at Point Vincent, Califernia, during a dense fog, and was completely wrecked.
She was a wooden vessel and practically uninsurable. Her
valuation, 890,000, has been written off to profit and loss, as
shown elsewhere. The steamer St. Paul was purchased in
October, 1893, to take the place of the Newbern, at a cost of
885,000. Thirty-five thousand dollars has also been written off
to profit and loss on account of the difference between the
valuation of the steamer Eastern Gregon on the books of the
company and the amount received from the underwriters.”
Of the Pacific Coast Railway, he says:
“ There was a marked increase in the movement of cereals
during the past year, but there was nearly as large a decrease
in the amount of bituminous rock hauled from the mines
tributary to the line. This latter was due partly to the pre
vailing depression, which curtailed the street improvements
for which this material is used. The increase in operating ex
penses was caused b y heavy floods in March and the continued
laying of new steel rails commenced last year.”
As t© a dividend for the year Mr. Starbuck says:
“It was expected that the net earnings for the year would
be sufficient to warrant the declaration of a dividend on the
preferred stock, but the total loss of the steamer Newhern
and her replacement by the purchase of the steamer St. Paul,
together with the necessity for writing off the various amounts
shown by the statement of profit and loss renders such decla
ration unadvisable.”
Statistics for two years compiled for the Chronicle are as
follows:
EA RN IN G S (ALL CO M PA N IES).

- 1 8 9 2 .—
E a r n in g s —
Gross.
Pacific C o a s t SS. C o ..$ 2 ,5 8 5 ,J 0 5
P acific C o ast R v. Co.
Col. & P u g e t S. R R .C o.
S e a ttle & Nor. B y . Co.
P o r t,to w n .8 u . lilt.C o .
Mea.ni C oll, .v S i's ln p .
C oal D e o a r tru e u t........
B ea t e s ta te a n d rn isc .
T o ta l.

..........$1,->91.973

$ 8 1 2 ,5 9 0

1 8 9 3 .-

$ 3 ,8 9 3 ,4 1 8

$ 3 0 1 ,7 8 6

IN CO M E ACCOUNT (ALL CO M PA N IES).

2 ,2 6 8 ,0 2 1

1 ,2 2 2 ,3 5 7

9 11,107

4 9 ,0 1 9

9 0 4 ,6 6 9

1 ,6 40,673

2 ,3 1 7 ,0 4 0
2 2 ,0 1 7 ,7 9 3

2 ,1 2 7 ,0 2 6
2 4 ,3 3 4 ,8 3 5

2 ,5 51,780
2 0 ,401,861

2 4 ,3 3 4 ,8 3 3
. . . . --- •

2 6 ,4 6 1 ,8 6 0

29,013,341
2 .5 35,490

2 4 ,3 3 4 ,9 3 3

2 6 ,1 6 1 ,8 6 0

2 6 ,4 78.151

.......

1891.
N e t. a f t e r d e d u c tin g ta x e s , etc . ___$ 8 2 9 ,6 9 0
In c o m e fro m lu v e s tm e u ts , e t c .. . . . .
1 4 ,357

1892.
$ 7 5 9 ,9 4 8
2 5 ,3 7 0

1893.
$ 7 4 7 ,0 6 4
16,937

N e t in c o m e .................................
I n t e r e s t o n b o n d s ...........................
O th e r in te r e s t, d iv id e n d s , e tc . . ........
S in k in g f u n d .......................................

$ 7 8 5 ,3 1 8
$ 6 2 3 ,4 0 0
22,9-46
5 0 ,0 0 0

$764 ,0 0 1
$575 ,1 0 0
59,773
5 0 ,000

$ 3 8 ,9 7 2

$ 6 8 4 ,8 7 3
$79,128

7 5 ,3 4 4

T o ta l c h a r g e s ............................ ....$ 6 7 9 ,1 3 7
B a la n c e , s u rp lu s .................. . . . . . . .. .$ 1 6 4 ,9 1 0

THE CHRONICLE.

Makch 10, 1894.]

Terminal R allw aj Association of St. Louis.
('For the year ending December SI, 1893. J
The report of the President, Mr. Wm. Taussig, states that
although the gross earnings decreased in lt>93 the net
earnings showed a slight increase and the net surplus nearly
comes up t > that of the preceding year.
The report says: “The results thus obtained were made
possible o d Ij through the exercise of the most rigid economy
in the operating department. This is the only department
where the manager can succeed in offsetting reduction of
earnings by reduction of expenses. Taxes, rents, general
office expenses, interest, insurance, etc., remain the same,
more or less, whether revenue is high or low. The efforts of
the operating department must therefore be in the direction
of reducing the train service, of concentrating the work of
manv train crews into a few, of economizing in the consump
tion of material, and of limiting the cost of maintenance
strictly within the bounds of safety.” * * *
“ No addition has been made to the real estate during the
year, nor is there any contemplated in the near future. Tne
account stands as follows:
T o ta l p u r c h a s e s ............................ ........... .............. - .........- .................. $ 1 ,5 3 9 ,7 8 7
C a s h .............................................................................. $ 1 , 100.433
D e fe rre d p a y m e n ts ......................... - .....................
4 3 3 ,3 3 3
T o ta l..................... . . ................................................ S I , 5 3 9 ,7 8 7

“ In addition to the above, this company has acquired, under
perpetual leases, real estate lying mainly outside of the station
premises proper, and covered by the storage yard and the east
and west connecting right-of-way into the station. A large
portion of this outlying property will be available for freightreceiving and delivery yards, and for renting to adjoining in
dustries. The principal is $802,14j and annual rental $45,102.
This rental has been paid out of current revenue, and appears
on the balance sheet as one of the fixed charges." * * *
“The St. Louis Belt Line charter, franchises, etc., which had
ben organized under the name and title of ‘The St. Louis Ter
minal Railway,’ was acquired by taking over from the sub
scribers thereto and assuming their subscription to $1,200,000
of first mortgage bonds, on which at the time of the execu
tion of the contract $330,957 had been paid in. This line
starts from west end of the Merchants’ Bridge, at Grand
Avenue, to its first objective point, the juncti n with the
Wabash Railway, at or dear Cook Avenue, at the western
limits of the city. Its completion to that point will form a
clear belt around the city and the two bridges. Its second
objective point will be a continuation in a circle outside of
the city of the line to a junction with the Missouri Pacific and
St. Louis & San Francisco railroads at or near Ellendale Sta
tion. The construction of the first is going on actively; sur
veys for the second and estimates for the several routes have
been made, but the exact location is not yet determined."
Tire report say* of the Merchant*' Bridge Terminal Railroad
Co.: “The transaction by which, through purchase of a ma
jority of the share* in open market of the above company, we
obtained control of the property, was sanctioned by you in
August last, and step* were at once taken to operate the t *o
properties jointly uponaa economic and rational basis." * *
“ It is too early as yet to slate by figure* the probable financial
results of this transaction. But enough is known already to
warrant saying that the economic results will be on a suffi
ciently satisfactory scale to insure the earning, after a year’s
operation of that property by our trained and experienced
officers, of alt the obligations which we took over with its
control.”
The earning* and experts* s, and income account, for four
years, was as follows:
Esaxmia isd excesses.
E arning*—
189a
P^Mneoieer*____ _ . $3& *,279
F re !* b i................... . 1 .1 6 0 ,6 6 4
409,?.79

1891.
$ 3 * 9 ,6 * 3
0 7 5 ,2 0 0
4 2 1 ,5 4 6

1*92.
* 3 6 9 .2 4 6
1 ,0 4 8 ,0 4 9
490.7O 5

1093.
# 3 9 2 ,4 6 0
983,05:1
4 8 3 ,0u3

.9 l* 9 S iM 2 2
8 0 6 ,0 1 8

9 1 .7O 0.420
8 1 7 ,9 5 3

* 1 ,9 0 0 ,0 0 0
8 5 7 ,5 3 6

$ M 0 4 i2 2
8 u C s3 0

N et e a r n in g ........... $ 1 ,1 2 3 ,3 0 8
O p exp.t© e a m .s p .e .
41*77

# 9 3 8 ,4 7 6
4 6 -5 7

8 1 ,0 5 0 ,4 6 4
4 4-94

# 1 .0 5 5 ,4 9 2
43-31

M ail, expre#*, A c ..

Oyer. ex p . it u t o

INCOME ACCOUNT.
1990.
1891.
# 9 3 9 .4 7 6
1 2 3 .6 0 5

1092.
* 1 ,0 5 0 ,4 0 4
1 4 2 .370

1893.
$ 1 ,0 5 5 ,4 9 2
1 2 7 ,747

$ 1 ,0 6 2 ,1 4 1

# 1 ,1 9 2 .8 4 0

1 .1 8 3 ,2 3 9

$ 2 1 7 ,3 0 0
26346
6 0 4 ,401
6 1 ,7 3 3

$ 3 1 5 ,0 0 0
2 0 ,4 9 3
7 0 1 .3 2 2
60.011

# 3 1 3 ,0 0 0
2 6 ,4 7 3
7 1 0 ,3 0 5
54 .7 7 0

$ 1 ,0 3 0 ,4 8 0
# 3 1 ,6 0 1

* 1 ,1 0 2 ,8 2 0
* 9 0 ,0 1 4

# 1 ,1 1 2 .5 5 4
9 7 0 ,6 8 5

M$Jt m m i s ft*. . . . . . . 9 1 ,1 2 3 .3 0 0
O ther in c o m e ------- .
t l 3,5(30
T n U i..................
Derturt —
Inter*#! o s bond#.. $ 2 2 5 ,0 0 0
Intereftt o n note*..
11.2 2 6
BentnJ*.................. .
6 8 0 ,2 0 2
Im provt. a c c o u n t.
4 7 .1 1 0
T o ta i.................... . # 9 8 3 .5 3 9
S u r p l u s . . ............ . . # 2 7 3 .3 2 8

Baltimore Traction Company.
f For the year ending December 31, 1393.J
In his annual report President Hambleton says: “ As we all
know, the year 1893 was a most disastrous one for the coun
try, with great financial stringency and extraordinary busi
ness depression. The street railways suffered, in common
with 811 other interest!, during this most trying period; and
while such conditions were operative, together with the sharp
competition of rival fines—the City Sc .Suburban, the Lake
Shore Elevated and the City Passenger roads, paralleling our
own at different points, all having put into operation their

129

respective cable or electric plants last year—our receipts were
| made to appear less satisfactory than we had reason at the
i beginning of the year to expect. Nevertheless the earnings
of the company have been, all things considered, quite en
couraging. The month of September, being the first month
iu which we encountered the severest competition, showed
a decrease of §27,000 as compared with the receipts of
the same month of the previous year; since thattime the com
parative earnings have been very much more favorable, until
in January of this year there was a difference of only $8,000
as compared with the same month of last year. This shows
conclusively that we are recovering traffic lost to other rapid
transit lines, and that notwithstanding the bad times our
travel is increasing. Despite many obstacles and difficulties
! the work of trol.eyiDg and the making of improvements has
, been prosecuted as rapidly as possible under the circumstances.
| The motive power of the following lines was changed,
horse to electricity; Carey Street, Fort Avenue, Linden Ave
nue, Maryland Avenue, and Fremont Street line from Linden
Avenue to Charles Street. The double-tracking of Pimlico
and Pikesville electric line was also completed (including
the West Arlington branch to the intersection of W. M. RR.);
and the Edmonson Avenue Road—a property of great value—
is now being equipped with electricity, and a haudsome reve
nue may be expected from this Bource. In June last the
company purchased the Baltimore & Curtis Bay Railway,
and the issue of $730,000 additional stock was authorized, of
which $330,000 was used to pay for said property.
“ The stockholders may feel assured that their interest is
being carefully conserved and that the property is being man
aged in an economical and business-like manner: and we inticipate that with the revival of business and better times
satisfactory results will be realized.”
The report shows the following earnings for the fiscal year
ending December 31, 1893:
G ro ss e a r n i n g s ........ ..................... .......................................................... $ 1 ,0 8 2 ,9 8 4
O p e ra tin g e x p e n s e s (0 4 1* p e r c e n t , .................................................
8 3 9 ,3 1 7
S e t e a r n in g s .............. ................................................................................
F ix e d c h arg e* , in te r e s t o n b o n d * , ta x e s a n d i n s u r a n c e ..........

$ 3 7 3 ,“ 8 7
3 5 5 ,2 0 2

B a la n c e ...........................................................................................

$ 1 S ,3 6 4

Daring the yea&there was constructed 22 03 miles of track.
The company now in s 78‘47 track mileage: LV3:) cable, 36 50
electric, 23 59 horse and 3‘09 electric owned jointly. The
horse car lines are now in process of change to electric power
and it is expected that during the present year horses will dis
appear from all the hues in the company's system. There were
purchased during the year sixty electric cars and two electric
sweepers, the company now owning 399 cars, of which 184 are
horse, the ball nee being cable and electric, with trailers, and
a full complement of sweepers and salt cars. During the year
189,1 the comp my’s car* traveled 5,982,616 miles aud curried
21.123,916 paving passengers.
The capitalization is as follows:
Capital slock........................... .......... ..................................$5,750,000
F ir s t m o rtg a g e 5 p e r c e n t b o n d s ........ ............................................. 1 ,3 0 0 .0 0 0
E x te n s io n a n d Im p ro v e m e n t 8 p e r e e o t b o n d s ........................... 1 ,2 5 0 ,0 0 0
C o m p a n y 's first m o rtg a g e 5 p o r c e n t P o n d s,
s e c u re d by m o rtg a g e on North B a ltim o re D iv is io n .......... - 1 ,7 5 0 .0 0 0

Trmctlon

West Jersey Railroad.
( For the year ending December SI, 1S93.J
In advance of the pamphlet report, the comparative statis
tics for four years have been compiled for the Cbkonicle as
follows:
ININCi* ANl» KXfKNWKB.
1890.
1891.
1892.
#
#
8
2H3
220
1 .0 3 3 ,7 4 5 1 .6 5 8 .0 9 0 1 .7 4 0 .3 2 2
1 ,1 4 1 .9 2 6 1 ,2 1 6 .9 8 7 1,279.302

MHe* o p e ra tM . . . . . . . .

Tot*! *ro«a earning# .

Op. expense* nod tain
S e t earniotM

1893.
#
263
1 ,0 * 8 .0 1 7
1 .2 8 6 ,8 3 8

4 4 1 .1 0 3
4 9 1 ,8 1 0
INCOME ACCOUNT.
1891.
1890.
$
•
4 9 1 .8 1 9
4 4 1 .1 0 3
3 1 ,0 9 9
0,9 9 3

4 6 7 ,0 2 0

4 0 1 ,2 0 9

1892.
9
4 0 7 ,0 2 0
10.872

1893.
$
4 0 1 .2 0 9
18,884

. 5 2 2 ,0 1 7

4 5 0 ,9 9 3

4 7 7 ,8 9 2

4 2 0 ,0 9 3

2 9 .4 0 0
4 2 ,5 4 3
: 1 75,174
. 1 4 8 ,2 1 7
M is c e lla n e o u s .....................
5,120

2 8 .4 0 0
24,211
1 75.174
150.041
5,7 3 7

2 3 .1 0 0 |
9 ,0 1 9 |
175,174 : 3 9 0 ,1 5 6
15 3 .1 3 2 |
13,322 1

2 8 1 ,1 9 3
0 6 ,8 0 5

3 7 9 ,8 4 7
9 8 ,0 1 5

Sot earning1*.....
Other receipt#..
r>itf,ur*r omit —
Rentals paid.......... .........
S t team. W.J, A A.RR..A6,.

Total dUbtinucEBeoU .

3 9 9 .4 5 4
, 1 2 3 ,4 6 3

2 9 ,9 3 7

Camden k Atlantic Railroad.
{'For the year ending December 31, 1303. J
In advance of the pamphlet report, the earnings and expenses
and the income account, for four years, have been compiled
for the Chkomcle as follow s:
EABEISOS 4 > n EXrr.XSBS.
1891.

1892.

1893.

7 9 9 ,4 9 1
6 6 3 .7 8 7

8 0 0 ,9 7 0
0 4 9 ,2 5 4

8 0 7 ,9 2 4
0 7 0 ,1 7 4

843*321
6 8 1 ,2 3 9

1 30,701

1 5 1 ,7 1 6

1 3 7 ,5 3 3

1 8 2 ,0 3 5

1892.
1 3 7 .5 5 3
1,700

$

1893.
*
1 3 2 ,0 3 5
1 0 ,274

139,253

1 9 2 ,3 5 9

1890.

Total g to m earnings........ . . . .
Operating exp, a u d ta x o n . . . . .
Set earning,.............. . . . .

IK CO ME ACCOUNT.

Receipt* —
Net earnings..................

I n te r e s t, <fc«............................

1

Total i n c o m e , . . . , , , . , . .

18 9 0 .
•$

18 9 1 .
9
1 5 1 ,7 1 6
1 51,718

THE CHRONICLE.

430
D isb u rsem e n ts—
I n t e r e s t on b o n d s ..................... ..
R e n ta ls p a id ............................ . .
O th e r in te r e s t............................ ...
M isc e lla n e o u s ............................
T o ta l d i s b u r s e m e n t s ___ . .
B a la n c e , s u r p l u s .....................

1890.
*
9 2 ,6 2 0
1 0 ,1 1 0
1 2 ,6 9 7
4 ,3 7 5

18 9 1 .
$
9 2 ,6 2 0
10,778
1 7 .8 2 7
5 ,2 4 6

18 9 2 .
$
9 2 ,6 2 0
18 ,0 9 9
18,1 6 0
5 ,9 7 5

1893.
$
8 7 ,9 7 0
? 8 3 ,8 7 2
1 2 ,5 8 8

119,802

1 2 6 ,4 7 1
2 5 .2 4 5

1 3 4 ,8 6 0
4 ,3 9 3

1 5 4 ,4 0 0
3 7 .9 5 9

Lehigh & Wilfeesbarre Coal Company.
(F or the year ending December 81, 1893.^
The reports of the President, Mr. J. Rogers Maxwell, give
the following as the results of the operations of the company
for four years p ast:
P ro d u c tio n o f coal (to n s )— 18 9 0 .
W vom inir D iv isio n ............. 1 ,6 9 7 ,8 0 5
H o n e y B ro o k D iv is io n .... 5 1 7 ,3 3 9
P u r c h a s e d .................................

1891.
2 ,0 2 6 ,4 9 7
5 4 5 ,7 8 9

1892.
1893.
2 ,0 6 2 ,5 3 6 2 ,25 7 ,1 3 1
5 6 4 ,6 5 6
6 1 3 ,5 5 0

2 ,2 1 5 ,1 4 5 2 ,5 7 2 ,2 8 6 2 ,6 2 7 ,1 9 2 2 ,8 7 0 ,9 8 1
3 3 5 ,6 4 4
3 7 0 ,6 7 0
8 5 ,4 4 9
6 07,261

T o t a l ....................................2 ,5 5 0 ,7 8 9

2 ,9 4 2 ,9 5 6

2 ,7 1 2 ,6 4 1 3 ,4 7 8 ,2 4 2

In addition to the above 784,759 tons of coal in 1891, 605,371
in 1893 and 566.343 in 1893 were mined from the company’s
properties by other parties, under leases.
INCOME ACCOUNT.

1390.
R eceip ts—
$
F ro m s a le s o f co al — ........8 ,1 8 1 ,0 3 9
F ro m o th e r s o u r c e s ... ........ 3 3 5 ,6 7 7

1891.
*
9 ,1 2 8 ,1 6 2
3 2 1 ,5 2 0

1893.
18 9 2 .
S$
6 ,2 2 6 ,1 5 0 1 0 ,776.767
3 1 1 ,4 4 4
2 8 0 ,6 7 2

. .. .8 .5 1 6 ,7 1 6
T o t a l ...................
M in’g .ta x e s ,tr a n s p o r t.,& c.7 ,6 8 8 ,8 0 3

9 ,4 4 9 ,6 8 2
8 ,4 3 4 ,4 0 0

6 ,5 0 6 ,8 2 2 :1 1 .088,211
5 ,2 3 5 ,3 2 6 9 ,6 5 2 ,5 8 1

Net- e a r n in g s ...........
I n t e r e s t a n d s in k in g la n d .

1 ,0 1 5 ,2 8 2
9 8 9 ,6 3 8

1 ,2 7 1 ,4 9 6
9 7 2 ,7 1 2

1V ol . LVII1.

from performing any of the obligations of the trust deed of
November 3, 1893, and that the Great Western Company be
enjoined from executing any mortgage designed to secure the
payment of any bond or other obligation purporting to be a
prior lien upon the property pledged to secure the payment of
the first mortgage bonds. Briefs are to besubmitted March 13th.
Comstock Tunnel.—A telegram from Carson City, Nevada,
to Mr. Theodore Sutro, reports : “ The long pending litiga
tion against the Comstock Tunnel Co. has ended in a com
plete victory for the company.”
Judge Hawley, of the U. S. Circuit Court of Nevada, ren
dered an exhaustive opinioD, reviewing the whole case. It is
considered a strong vind icationjof the acts of Mr. Theodore Sutro
and his associates in the reorganization of the Sutro Tunnel
Co., and will clear away all doubts as to the standing of the
present company, if it is as positive as the telegram indicates.
Evansville & Richmond—Evansville & Terre Haute.—A
large amount of the Evansville & Richmond first mortgage
bonds has been deposited with Messrs. Harvey Fisk & Sons
in response to their circular, and the remainder of the bond
holders are urged to prompily join in the movement to enforce
the Evansville & Terre Haute guarantee on the bonds.
Kings County Elevated.—The report for the quarter and
six months shows the following:
r-Q u a r. e n d . Dec. 31 .—.
1892.
1893.
$
$
1 9 9 ,5 3 3
G ross e a r n in g s ............... 2 6 1 ,0 6 8
1 4 4 ,5 1 0
1 2 7 ,5 8 8
O p e ra tin g e x p e n s e s ...

-—6 m os. e n d . Dee. 3 1 —.
1832.
1893.
$
$ '
45 6 ,8 0 8
3 0 0 ,1 2 2
2 7 3 ,1 6 5
2 5 3 ,0 1 6

1 ,4 3 5 ,6 3 0
9 8 6 ,6 0 2

N e t e a r n in g s .............

11 6 ,5 5 8
109

7 1 ,9 4 5

1 83,643
2 54

1 0 7 ,1 0 6

def. 1 3 5 ,2 2 0 sr. 2 5 ,6 4 4 s r.2 9 8 ,7 8 4 sr. 4 1 9 ,0 2 8
I n t e r e s t o n c o u so ls h e ld
4 2 8 ,1 2 0
2 9 8 ,1 5 5
b y C e n tra l o f N. J . . ............................
..............

T o ta l.............................
In t., re n ta ls a n d ta x e s

11 6 ,6 6 7
133,251

7 1 ,9 4 5
9 1 ,4 7 8

1 8 3 ,8 9 7
2 2 4 ,2 9 0

1 0 7 ,1 0 6
1 8 5 ,0 2 7

D e fic ie n c y .................

1 6 ,5 8 4

1 9 ,533

4 0 ,3 9 3

7 7 ,9 2 1

9 6 3 ,1 3 4

B a l a n c e ................... . . . d e f.1 3 5 ,2 2 0

s r. 2 5 ,6 4 4

s u r. 6 2 9 isu r 2 0 ,9 0 8

GEN ER AL IN V E S T M E N T N E W S .
Atchison Topeka & Santa Fe—St. Louis & San Franeifco.
—In regard to the decision of Judge Caldwell in St. Louis the
N. Y. Times reports: “ The decision was made on a petition
filed by the United States Trust Company, as trustee of the
St. Louis & San Francisco general mortgage 5 per cent bonds,
asking, first, for the payment of the amount due for interest
on that mortgage accrued Jan. 1, 1894; second, for leave to
sue the receivers heretofore appointed for the ’Frisco prop
erty, in the State Court, in the city of St. Louis; third, for the
surrendering of the property covered by the mortgage to the
receiver or receivers to be appointed in that suit, and, fourth,
if the Court should not so surrender the property, that other re
ceivers be appointed of the property in the United States Court.
As reported in the dispatches from St. Louis, the Court made
an order, first, that at present it would not direct the receivers
to pay the interest on the general mortgage bonds, but that
they should keep separate accounts of the receipts appertain
ing to particular portions of the property covered by divisional
and separate mortgages, and that if any surplus was found
over operating expenses, in respect to any particular por
tion of the road covered by separate mortgage, that such
surplus should be devoted to the payment of interest on such
mortgage; second, that leave to sue the receivers was not
necessary, in view of the statutes of the United States, and
third, that the application for the removal of the present re
ceivers appeared to be without merit, and that the Court would
not take any action thereon.”
Baltim ore & Leliigli.—At York, Pa., Match 3, the appli
cation for the recission of the order of sale of the Baltimore
& Lehigh Railroad in Pennsylvania, granted January 37,
came before Judge John W. Bittenger, who, after giving an
elaborate opinion, revoked the order of sale, and consequently
the sale advertised for next week will not take place.
Called Bonds.—The following bonds have been called for
paym ent; the numbers may be learned at the offices of the
respective companies.
Chicago & W estern I ndiana —Seventy-one bonds of 1879
will be redeemed on May 1.
Corning Cowanesque & A ntrim.—One hundred and sev
enty bonds of 1883 for §1,000 each and twenty for $500 each
will be redeemed on presentation, interest ceasing May 1.
Chicago & Groat Western.—There was argued on March 3nd
before Judge Patterson, in Supreme Court Chambers, a mo
tion on behalf of James M. French for an injunction against the
Chicago & Great Western Railway Company, the Chicago St.
Paul & Kansas City Railway Company, the Metropolitan
Trust Company, and others. Mr. French is a bondholder of
the Great Western and the Chicago St. Paul & Kansas City
railway companies, and sues on his own behalf and that of
other holders. It is sought to have the Great Western com
pany enjoined from holding possession of or operating the
Chicago St. Paul & Kansas City Road.
It is further asked that the Metropolitan Trust Company and
Robert B. Benson, the trustees under the mortgages, be
directed to begin at once suits to foreclose the mortgages
mentioned in the complaint, to sell the property and to dis
tribute the proceeds among tne holders of the first mortgage
bonds of the Chicago St. Paul & Kansas City and the Minne
sota & Northwestern railroad companies. It is asked, in
addition, that the Manhattan Trust Company be restrained

Leavenworth Topeka & Southwestern.—The receivers of
the Union Pacific have notified the receivers of the Atchison
Topeka & Santa Fe that they propose abandoning this road,
owned jointly by the two companies. It is reported that the
bonded indebtedness and current liabilities of the road are
over $3,000,000, and that the Santa Fe is likely to take the
same position as the Union Pacific and abandon the road.
The road is 46% miles long, extending from Leavenworth to
Meriden Junction, Kan.
Marietta & Norlh Georgia.—The foreclosure sale of this
road which has been adjourned from time to time has again
been fixed for April 3d.
Missouri Kansas & Texas—International & Great North
ern.—At Galveston, Tex., March 8, the proceedings for a pre
liminary injunction by the Missouri Kansas & Texas to restrain
the International & Great Northern from interfering with the
operations of the Galveston Houston & Henderson were con
cluded in the United States Circuit Court. Circuit Judge
McCormick rendered an opinion refusing the injunction.
District Judge Bryant dissented.
New York Lake Erie & Western.—There was a large rep
resentation of the stock of this company at the special m eet
ing of the stockholders held March 6th, to consider the propo
sition for the issue of $70,000,000 of new bonds. Mr. J. G.
McCullough, who presided over the meeting, said that the
scheme to execute a new mortgage upon the company’s prop
erty and franchises to secure an issue of bonds not exceeding
$70,000,000 had been fully set forth in a circular issued by
the board of directors on Jan. 3. Mr. Cqrtlandt Parker
offered a resolution to the effect that “ the stockholders of this
company ratify and approve the resolutions of the board, and
the action of the officers thereunder, and do consent to the
execution aDd issue of a mortgage by. the company upon its
property and franchises to secure an issue of bonds of the
company not exceeding in the aggregate $70,000,000, upon
the terms and in the manner as specified in the foregoing re
cited resolutions of the board.”
Mr. W. W. MacFarland protested against the adoption of the
resolution, in behalf of the holders of several millions of the
second consolidated mortgage bonds, who are opposed to the
scheme of reorganization. Mr. MacFarland declared that his
clients strenuously opposed and would continue “ to oppose the
scheme of the company for dealing with their bonds and mort
gage security, conceiving, as they do, that, looked upon in its
true light, the scheme invites them voluntarily to submit to
what is nothing more or less than a practical confiscation or
surrender of their mortgage security.” The protest of Mr.
MacFarland was overruled by the chairman.
The Proxy Committee, composed of Messrs. J. Pierpont
Morgan, John G. McCullough and Abram S. Hewitt, voted
633,699 shares of stock ($63,369,900) in favor of the resolution,
There were also scattering votes in favor of the plan to the
number of 1,450 shares. Mr. MacFarland voted on 175 shares
in opposition to the plan. The total vote in favor aggregated
634,149 shares. The total capital stock of the company is 863,838 shares.
—Messrs Drexel, Morgan & Co. give notice that having re
ceived a majority of each class of bonds of the New York
Labe Erie & Western Railroad Company, called for by their
circular, the plan of reorganization is declared operative.
Holders of outstanding bonds must deposit same on or before
March 31, 1894, in order to participate in said plan,
—The committee of opposition bondholders, comprising
Messrs. E. H. Harriman, Henry Budge, John J. Emery and

March 10, 1894.]

THE CHRONICLE.

Sidney W ebster, give notice that they are advised by counsel
that the action of stockholders in approving the issue of a new
$7®,000,000 mortgage cannot impair existing contract rights of
the bondholders under the second, consolidated mortgage, and
they request bondholders to send in their names and amounts
of holdings to the Central Trust Co. o f Nev, York.

iU q jo v ts

431
a n ti

D o c u m e n ts .

PENNSYLVANI A RAI LROAD COMP ANY.

N o rthern P acific.—Information has been received from
FORTY-SEVENTH ANNUAL REPORT.
Berlin by the Northern Pacific consolidated bondholders'
committee that German holders of 87,049,000 bonds have
signed the preliminary agreement.
O f f ic e o f t h e
i
This committee, of which Mr. Edward D. Adams is Chair
P e n n s y l v a n i a R R . C o m p a n y , !man, announces that, having received responses from the
P h i l a d e l p h i a , March 6, 1894.
}
holders of a m ajority of the bonds, they have adopted the
agreement, which is now deposited w ith the Mercantile Trust
The Board of Directors subm it herewith a synopsis of their
Co. All holders of these bonds are therefore requested to Forty-seventh A nnual Report for the year 1893 :—
deposit the same with said trust company. Engraved certifi
cates of deposit will be issued against bonds deposited, and T h e g ro ss earisiuKS o f th e th re e g r a n d d iv is io n s e a s t of
the committee will immediately take steps to have such cer
P it ts b u r g a n d E r ie , e m b ra c in g th e M ain L in e , U n ite d
tificates listed on the New York Stock Exchange.
R a ilro a d s o f N ew J e r s e y , a n d P h ila d e lp h ia * E rie
—Mr. Brayton Ives, President of the N orthern Pacific Rail
R a ilro a d a n d B ra n c h e s , w e r e ............................................... $ 6 6 ,3 7 5 ,2 2 3 83
road, has issued a request to bondholders to withhold their E x p e n s e s .................................................................................
4 6 ,9 9 6 ,0 1 7 28
acceptance of the agreement promulgated by the committee
of consolidated bondholders. H e gives several reasons for S e t e a r n in g ? ..................................................................................... $ 1 9 ,3 7 9 ,2 0 6 55
making this request, viz., th at the publication of such an T o w h ic h a d d :
agreem ent is prem ature; th at the scope of the committee is
I n t e r e s t fro m in v e s tm e n ts .......................$ 5 ,2 2 3 ,0 5 9 26
t o o lim ited; that the make-up of the com mittee is unfor
R e n ta ls o f r e a l e s ta te a n d e q u i p , A c . .
8 0 8 ,8 8 1 81
tunate, and that, apart from the foreign interest hitherto repre
-------------------6 , 036,941 07
sented by Mr. Viliard, the committee owns and controls but a
lim ited am ount of bonds.
$25,416,147 62
—The case of Prosser against the Northern Pacific Railroad,
u c t:
which has been pending in the United States Supreme Court, D Re dentals,
leased an d o p e ra te d r o a d s ... $9,971,695 64
involved the right and title to a large am ount of w ater front
In te re st on funded debt, ....................... 4,056.165 40
age at Tacoma, Wash-, now occupied by the railroad, and im
I n te r e s t on c a r t r u s ts , ta x e s , A c ......... 1 ,2 7 1 ,8 5 1 0 3
proved by wharves, elevators, coal bunkers and warehouses.
-------------------15,299.712 07
Prosser is understood to represent the H arbor Line Commis
sion of the State of Washington. The decision rendered this
N e t in c o m e .............................................
$ 1 0 ,1 1 6 .4 3 5 55
week w as on a dem urrer to the complaint asking for an in
junction, and n o to n the merits of the case, and th e equities F ro m th is am o u n t th e follow ing d ed u ctio n s have been
m ade:
were not settled. The decision distinctly states that it is gi ven
P aym ent*
te u n t Sinking and T ru st
without prejudice to the Northern Pacific’s further actions in
Fund*, am ! g u a ra n ty of In te re s t on
the matter.
A llegheny V alley R ailw ay bonds .. . $641,609 70
An understanding has been reached between the receivers
E x tra o rd in a ry renew als, A c....... ......... 2.161,210 10
of the main line and the branch lines under which a uniform
-------------------2,804,819 80
arbitrary traffic rate will be allowed the branch lines.
Oregon Pacific.—At Cormllw, Wash., Judge Fullerton haa B alance a f te r above p a y m e n t- .............
$7,3X1,615 75
Ordered the Oregon Pacific Railway to tie ad d a t a date not Dividend » t 5 per c e n t...........................................................
6,400,507 50
later than June I, the day to he fixed toy th e Sheriff, Bidders
will be required to make a deposit of $NW.tMjo.
Am ount tra n sfe rre d to credit o f profit am i loss for th«
y ear 1893 ..............................................
$911,108 25
P h ilad e lp h ia k R eading.—The final liquidation of the Add
am o u n t reoeleed in se ttle m e n t of su n d ry ac 
Speyer loan and the release of securities which were held a*
count*. A c .................................................
1,640,673 34
collateral to that lo in i» a good step towards the relief of Read
in g - eraitarraasments. The next thing is to be the consumma
$2,551,781 59
tion of the collateral trust loan for #10,004,000, which is sup
26,461,860 75
posed to be pretty well assured. Judge Dallas in Philadel Previous amount to c r e d it. ..........................................
phia approved of the issue of 15,000,000 coal notea by th<> Iron
$29,013,642 31
Company, and the Speyer loan of #9,500,000 was paid off on
Monday. The Philadelphia R e c o r d says of the securities D educt scrip dividend of 2 per vent, co n v ertib le into
s to r k ..............................................
2,535,490 00
relensed by the paym ent of the Speyer loan th at they are held
by M e an . Drexel, Morgan & Co., in whose charge they are
expected to remain until the new coal trust notes are issued B a la n c e to c r e d it o f p ro fit a n d lo s s D ec. 31, 1803. . . . . . $ 2 6 ,4 7 8 ,1 5 2 34
on A pril 3.
Notwithstanding the severe depression which prevailed in
Richmond * D anville.—At Baltimore, March 3, after all branches of industry throughout the country, and which
hearing arguments on the petition of the Central Trust Com was so largely reflected in the groex revenues, and necessarily
pany of New York, trustees, and others, for the sale of the in the net results, the foregoing statem ents present quite a
Rientnond A Danville Road, under foreclosure for default in satisfactory exhibit for the year, as, in addition to a cash
the payment of the five per cent mortgage bonds. Judge Goff dividend of live per cent, an extra dividend of two per cent in
.said he would sign an order compelling the masters to report scrip, convertible into stock, was {mid out of the Profit and
the indebtedness of the road and its liabilities on or before Loss Account, and aa large a balance left to its credit as a t the
April 10 next- The question of sale he held under advise close of the previous year. This w at done after expending
ment,
#3,163,210 10 m straightening lines, improving grades,
1
xades, and
legheny
Richmond T erm inal.—Mr. J . W ilicos Brown, Chairman of other extraordinary renewals, and advancing to the Allegheny
the Baltimore committee re]presenting hol ier* of the underiy- Valley Railway the sum of #343,975 tow ard meeting the inlog bonds of the Richmond & Danville system, has issued the ten-Ht upon its bonds guaranteed by your Company, which,
by reason o f th e depression already referred to, it w as unable
following circular;
to provide out of its own revenues.
These results were made possible only by the conservative
policy that has been pursued in the m anagem ent of your
the holders of the receipt* of the Mercantile Trust & Deposit properties, and by the liberal expenditure in renewals and im 
Company of Baltimore and of the Mercantile Trust Company provements. which permits a rigid system of economy to be
of New York, to present the same for exchange for Drexel, enforced in times of great commercial depression. It can
only bo by a continued adherence to this
th at your
Morgan «fc Co.V stamped certificate* before March 30,
rung and efficient
cient condition,
properties’can be preserved in strong
Savannah A m ericas k M ontgom ery.—The bondholders’ so th at; your
y
.
.
.
.
discharged
duties to the public
’ d c can be pro
reorganisation committee in Baltimore has decided to appoint
ie returns made to the sharea sub-committee, with instructions to take steps for the holders.
formation of a construction company to build an extension of
S IN K IN G FU N D S.
the road from Lyons, the present eastern term inus of the
line, where a junction is formed with the Savannah & W est
Under
the
provisions
the consolidated mortgage of the
ern Railroad into the city of Savannah, a distance of about 70 Company, #3 3 4 , 7 8 0 were of
set ap art on the first day of Ju iy last,
miles. The estimated cost of construction is #800,000,
oat of the net income, as a sinking fund for the redemption of
South C arolina R a ilro ad .—The committee of the first con the outstanding bonds secured by th at mortgage. None of the
solidated 0 per cent mortgage bonds of the South Carolina series of bonds to which the sinking fund was applicable could
Railway Company, Gustave E. Kissel, chairman, announces be purchased under the term s of tbe Trust, and the am ount
that the agreem ent to which balder*, of bonds, am ounting to was placed to the credit of. the trustees for investm ent under
14,752,000 oat of a total issue of #4.883,000, have become the terms of the mortgage. There are #3,388,375 09 in securi
parties, |g now declared effective, and the tim e for d e p o s i t i n g ties in the fund for the redemption of these bonds.
The trustees of the sinking fund for the redemption of the
"iir-tandmg bonds with the N<*w York Guaranty & Indemnity
Company and signing the agreement is extended to March 10. T iust certificates issued for the purchase of the shares of the

S

THE CHRONICLE.

432

capital stock of the Philadelphia Wilmington & Baltimore
Railroad Company purchased $131,000 of these certificates
during the past year. The total amount so purchased and
canceled to December 31st, 1893, is $2,212,000, leaving out
standing $7,788,000.
The trustees of the sinking fund for the redemption of the
Collateral Trust Loan were not able to obtain any of these
securities during the year at the limit fixed in the agreement.
The amount of this loan outstanding December 3lst, 1893, is
$9,900,000,
UndPr the provisions of the four per cent Equipment Trust
Gold Loan, there was paid to the trustee during 1893 for the
sinking fund the sum of $137,400. The trustee was able to
obtain but $10,000 of the bonds at the price fixed in the lease,
and in accordance with the terms thereof the balance, $127,412 50, has been invested in additional equipment.
There are now in the sinking fund, for the redemption of
the obligations of the various companies forming the United
New Jersey Railroad & Canal Company, securities of the
par value of $4,808,000, and a cash balance, uninvested
by the trustees, of $204,203 92, making an aggregate of
$5,012,265 92.
FU N D ED DEBT.

In order to provide a portion of the capital needed for con
struction and equipment purposes, your Board authorized an
issue of $6,000,000 of four per cent consolidated mortgage
bonds maturing fifty years from may 1st, 1893, of which only
$3,000,000 were sold during the year. For the purpose of
securing the control of the outstanding interests in piers 3, 4
and 5 on the North River, New York, your Company also
created $2,000,000 of real estate bonds bearing four per cent
interest, and maturing in thirty years from May 1st, 1893,
and have disposed of $1,675,000 of these securities.
The amount of funded debt, including mortgages on real
estate and ground rents, at the close of the year was $82,496,639 88, being an increase of $4,978,913 50, accounted for as
follow s:—
I n c r e a s e In c o n s o lid a te d m o rtg a g e b o n d s .............................. $ 3 ,0 0 0 ,0 0 0 00
E e a l e s ta te b o n d s ............................................................................... 1 ,6 7 5 ,0 0 0 0 0
I n c r e a s e In m o rtg a g e s a n d g ro u n d r e n t s ..............................
4 3 4 ,9 1 3 50
T o ta l..................................................................................................5 5 ,1 0 9 ,9 1 3 50
D ess a m o u n t o f e q u ip m e n t t r u s t g o ld b o n d s
r e d e e m e d . . ....................................................... ....... $ 1 0 ,0 0 0 0 0
L e s s a m o u n t o f P h ila d e lp h ia W ilm in g to n A
B a ltim o re R a ilro a d s to c k t r u s t c e rtific a te s
r e d e e m e d ................................................................ . .1 2 1 ,0 0 0 00
---------------1 3 1 ,0 0 0 0 0
N e t in c r e a s e ...................................................................................$ 4 ,9 7 8 ,9 1 3 50
C A P IT A L

[voL.

l v iii.

The number of tons of freight moved on the three grand
divisions east of Pittsburg and Erie in 1893 was 69,887.460, a
decrease of 2,027,865 ; the number of passengers was 44,135,320, a decrease of 5 39. The average distance traveled by
each passenger in 1893 was 18'4 miles, an increase of '3 of a
mile.
The rate of freight received per ton per mile was 6-14 mills,
or 12-100 of a mill less than in 1892. The cost of movement
was 4’47 mills per ton per mile, a decrease of 8-100 of a mill.
The net profit per ton per mile was 1 67-100 mills, a decrease
of 4-100 of a milb The earnings per passenger per mile were
1 999-1000, as against 1 980-1000 cents in 1892, an increase of
19-100 of a mill per passenger per mile. The cost of trans
porting each passenger per mile was 1 584-1000, as against
1 580-1000 cents, an increase in cost of 4-100 of a mill, the re
sult being an average profit on passengers per mile of 415-1000
of a cent, an increase of 15-100 of a mil).
The other large Railroad Companies east of Pittsburg &
Erie in which your Company is interested make quite as
favorable a showing for 1893 as for the previous year. De
tailed statements of their operation? will be found in their
own annual reports, as well as in the pamphlet report of your
Company. The total amount of coal mined by the four coal
companies, in which you are interested, was 2,612,788 tons,,
an increase of 40,372 tons. There was a decrease in their net
earnings of $276,085 72, but this was fully offset by the in
creased amount of stock coal on hand at the close of the year.
On the lines west of Pittsburg operated by the Pennsylvania
Company and the Pittsburg Cincinnati Chicago & St. Louis
Railway Company the result was as follows : —
1893.
E a rn in g s o l P e n n s y lv a n ia C o .............................................................$ 2 1 ,6 8 1 ,2 3 7 2 4
E x p e n s e s ..................................................................................................... 1 3 ,7 5 0 ,5 7 5 7 3
L e a v in g n e t e a r n in g s ............................................- ............... $ 7 ,9 3 0 ,6 6 1 5 1
6 ,8 8 0 ,1 8 5 15
R e n ta l, in te r e s t, A c ............................................
N e t p ro fit o n P e n n s y lv a n ia Co.’s lin e s .......... ................ $ 1 ,0 5 0 ,4 7 6 36
E a rn in g s o f P i t t t b u r g C in c in n a ti C h icag o & S t. L o u is
R a ilw a y ............................................................................................$ 1 8 ,4 1 9 ,0 5 8 6 1
E x p e n s e s .............................................................................................. 1 3 ,8 8 5 ,5 3 2 31
L e a v in g n e t e a r n in g s ............................................................. $ 4 ,5 3 3 ,5 2 6 3 0
R e n tal, in te r e s t, & e ........................................................................
3 ,6 5 8 ,9 9 0 65N e t p ro fit o n P it ts b u r g C in c in n a ti C h icag o & S t.
L o u is R ailw ay C o m p a n y ’s lin e s ......................................

$ 8 7 4 ,5 3 5 6 5

N e t p r o f it o n lin e s d ir e c tly o p e r a te d w e s t o f P i t t s 
b u r g ............................................................................................. $ 1 ,9 2 5 ,0 1 2 01

STOCK.

The other lines west of Pittsburg, on account of which the
Pennsylvania Railroad Company has assumed direct obliga
tions, or in which it is largely interested through ownership
of securities, but which are operated through their own or
ganizations, are the St. Louis Vandalia & Terre Haute Rail
road, the Grand Rapids & Indiana Railroad and roads oper
S E C U R IT IE S .
ated through its organization, East St. Louis & Carondelet
During the year there were additional securities purchased Railway. Cincinnati & Muskingum Valley Railway, Waynesat a cost of $4,037,704 44, making the entire cost of the securi burg & Washington Railroad, and the Pittsburg Chartiers &
ties of other corporations now held by your Company Youghiogheny Railway.
$118,686,408 69. The direct revenue received therefrom was
$4,955,036 93, which is more than 4 per cent upon their cost, T h e a g g re g a te g ro s s e a r n in g s o f th e s e r o a d s w e r e .............. $ 5 ,4 4 2 ,4 9 8 2 9
4 ,3 5 4 ,7 4 2 8 7
and nearly a million dollars in excess of the interest on E x p e n s e s ................
your fuDded debt.
N e t e a r n in g s ........................................................................................$ 1 ,0 8 7 ,7 5 5 42
That portion of the equipment received from the United
New Jersey Railroad & Canal Company at the time of the D e d u c t r e n ta l, in te r e s t, & c.................................................................... 1 ,1 5 7 ,6 1 7 9 9
lease of that system, which remained on hand and was adapted
to the uses of your Company, was purchased by it, and the
L o s s ...........................................................................................................
$ 6 9 ,8 6 2 5 7
residue sold, so that that item no longer appears in the Gen
eral Account.
O f th is lo s s th e P e n n s y lv a n ia R R . is re s p o n s ib le f o r ........
$ 4 9 ,9 0 1 8 4

The amount of capital stock outstanding at the close of the
year was $129,271,050, an increase of $3,496,550, due to the
conversion of that amount of the scrip dividend declared in
May, 1893.

CAR

T R U ST S.

The total number of cars provided under the Car-trust sys
tem is 57,997.
T o ta l a m o u n t o f c e r tific a te s Is su e d t h e r e f o r ....................... $ 3 0 ,6 4 4 ,0 0 0 00
A m o u n t r e d e e m e d ........................................................................... 2 2 ,1 8 7 ,0 0 0 00
B a la n c o o f c e rtific a te s o u ts ta n d in g D e c. 3 1 , 1 8 9 3 .. . $ 8 ,4 5 7 ,0 0 0 00

The amount expended for construction and equipment on
the main line and branches between New York and Pittsburg
was $8,332,164 09, and on leased and auxiliary lines, $1,332,167 14, a total of $9,664,331 23.
The expenditure on the main line was for additional motive
power, equipment and real estate, including the purchase of
piers 3, 4 and 5 on the North River, New Y ork; third
and fourth track on the main line ; double track on the
Trenton Cut-off, and the Harrisburg Portsmouth Mount
Joy & Lancaster Roads, and additions to the Broad Street
Station.
The principal items of expenditure on the auxiliary lines
were in the extension of the Philadelphia Germantown &
Chestnut Hill Railroad to connect with the Trenton Cut-off •
in the further extension of the Cambria & Clearfield Railroad’
and in the partial construction of the Ebensbnrg & Black
Lick Railroad, a new line projeoted for the development of
additional bituminous territory,

W hich d e d u c te d fr o m th e p ro f it sh o w n a b o v e .............................

1 ,9 2 5 ,0 1 2 01

P r o fit o n a ll lin e s w e s t o f P it ts b u r g ........................................... $ 1 ,8 7 5 ,1 1 0 17

The Pennsylvania Company paid a dividend of four per
cent on its capital stock of $21,000,000, and the Pittsburg
Cincinnati Chicago & St. Louis Railway a dividend of four
per cent on its preferred stock of over $22,000,000.
The amount expended on account of construction, equip
ment and real estate during 1893 on the lines west of Pitts
burg was $4,523,047 91. This expenditure was largely for
second, third and fourth track on the Pittsburg Ft. Wayne &
Chicago and Pittsburg Cincinnati Chicago & St. Louis Roads,
and for additional motive power and equipment.
For the purpose of providing the funds for these expendi
tures, and the purchase of the railways hereinafter referred
to, the Pennsylvania Company sold $7,000,000 of the consoli
dated four and one-half per cent Pittsburg Cincinnati Chicago
& St. Louis Railway bonds held in its treasury.
The number of tons of freight moved on the lines west
of Pittsburg was 39,683,118, a decrease of 4,030,759. The
number of passengers was 17,616,422, a decrease of 1,333,433.
The gross earnings of all lines east and west of Pittsburg
for the year were $135,059,787 65, operating expenses, $95,491,558 92, and net earnings, $39,568,228 73. There were

March 10, 1894]

THE CHRONICLE.

185,514388 tons of freight moved and 85,152,089 passengers
carried.
The Pennsylvania System of Railroads at the close of 1893,
comprising about 8,800 miles, all of which are controlled
either by lease or ownership, consisted of 140 corporations
with an aggregate share and bond capital of about £415 -

483*0

Your management, believing it to be for the best interests
of the Company, secured by purchase a large portion of the
securities of the Cresson Clearfield County & New York Short
Route Railroad Company, which was referred to in the last
annual report as having been leased.
The St. Louis Yandalia & Terre Haute Railroad, which was
0 0 0 ,0 0 0 .
''
’
built about 1868 by your Company in conjunction with the
G E N E R A L R E M A R K S.
Terre Haute & Indianapolis Railroad Company, for the pur
There has been paid the Managers of the Trust created pose of extending your system to St. Louis, passed at that
October 9tb. 1878, by the Company, to December 31st, 1893, time by lease under the direct control of the latter corpora
the sum of £4,346,995 33. The total income therefrom has tion, in which you had no share interest; so that while a
been $4,578,288 57. and securities have been purchased amount majority of the stock of the Yandalia Line was owned by
ing at par to $8,847,690, yielding an interest of 5‘29 per cent your Company, it had no voice in its management. An op
for the year. There was appropriated to that Trust for the portunity having offered during the year, the Pennsylvania
year 1393 the sum of 873,854 70.
Company purchased a large portion of'the capital stock of the
The assets of the Insurance Fund on hand at the end of the Terre Haute & Indianapolis Railroad, and thus finally secured
year were $3,217,147 33, being an increase of $239,327 73 over the control of the direct line to St. Louis. The Terre Haute
the previous year.
& Indianapolis Railroad Companv also operates through lease
The amount contributed by your Company and affiliated or ownership the Terre Haute &'Logansport and the Indiana
lines during the year to the Employes’ Relief Fund, was for & Lake Michigan Roads, extending from Terre Haute via
operating expenses $91.700 68, for deficiencies $4,328 3 5 , Logansport to St. Joseph. Michigan, and the Terre Haute &
and in addition thereto the sum of $24,325 50 for Peoria Road, extending from Farrington. Ills., to Peoria,
extra benefits to members of the Fund whose disability had which are worked as a portion of its system, making in all
continued ov-r fifty-two weeks, and who were, therefore, no an aggregate of 637 miles.
For the purpose of securing a more direct connection be
longer entitled to regular benefits from the Fund, making an
aggregate contribution on the part of your Company and tween your Southwestern lines and the Chicago Burlington &
affiliated lines of $120,353 53. The amount contributed by the Quincy and other Western railways, your Companv acquired
employes was $803,531 19 and the receipts from interest were the ownership of a majority of the stock of the Toledo Peoria
$4,219 76, which, with the contributions by the companies, as & Western Railway, 231 miles long, and extending from one
stated above, $120,352 53, made a total of $728,133 43. Tnis, the western termini of the Pictsburg Cincinnati Chicago &
added to the balance on hand at the beginning of the year, St. Louis Railway at the Illinois State line, by the way of
$138,333 33, aggregated $866,486 81. Of this amount there Peoria, to Warsaw, Illinois. This road, which forms a
was paid to the families of employes in death benefits, and natural extension of the last-named line to the Mississippi
for sickness and accidents, the sum of $842,395 18, an average River, traverses a. fine belt of farming country, besides reach
of over $1,700 per day, and for expenses, as before stated. $91,- ing the important cities of Peoria, Keokuk and Burlington,
700 68, leaving a balance of $132,870 95, with which to adjust and it is believed that its acquisition will be of value to your
outstanding claims. The number of these death benefits paid company. Negotiations are now pending with the Chicago
was 452. and the average paid in each case was $621. There Burlington A Quincy Railroad Company for such joint own
ership and management of this pruiierty as will be to the
were 32.827 members of the Fund at the close of the year.
The employes continue to avail themselves of the benefits of mutual interesiof both companies, and enable them to take
the Employes Saving Fund, the number of depositors having advantage of its important geographical position.
That portion of the Toledo Walhonding Valley & Ohio Rail
increased during the year from 3.797 to 4,058. The amount
received during 1893 was $470,480, and the balance in the road referred to in the last annual report as being under con
Fund at the dose at the year was $1,282,038 64. Of this struction, was completed and opened for traffic during the
amount $1,200,000 has been securely invested in four per year. With the view of securing a more permanent control
cent bonds.
of a fair share of the coal traffic destined to Toledo and the
The traffic condition* prevailing on the raitway* of the State of Michigan titan could be obtained through a traffic
country duriog the past year presented a marked contrast to contract, the Pennsylvania Company purchased the Cleve
those of its immediate predecessor. During 1892 the utmost land & Marietta Railroad, extending from New Philadel
activity existed in all departments of industry, and the facili phia, it* point of connection with the Cleveland A Pittsburg
ties of the transportation companies were unequal to the de Railroad, to Marietta, on the Ohio River, a distance of 97
mands made upon them. To relieve this condition of affairs miles, and traversing the extensive Cambridge coal field of
upon your lines, the work of extending second, third and Ohio. This line w ill pot only secure to your system the coal
fourth track east of Pittsburg, and double track west of Pitts traffic referred to. but also gives the large iron manufacturing
burg, was prosecuted with exceptional activity in the early interest* in the Mahoning and Shenango valleys of Ohio a
part of the year : but before many months had elapsed there direct connection with the Southwest.
The acquisition of these railways, having an aggregate
were marked indications that the prosperity previously exist
ing was on the eve of a change, which was first evidenced by length of 985 miles, was necessary to protect the interests of
a severe financial disturbance, and followed by a rapid depres your Western lines, and it was deemed more advisable to se
cure Ibis result by direct purchase than by lease. The results
sion in all classes of industries, which still continues.
Upon the first evidence of this change, your management of tbeir operations do not appear in this report, as their
suspended work on all new construction and equipment, and purchase was not concluded until the close of the
instituted rigid and thorough economies in every branch of year.
Under the revised organisation, taking effect March 1st,
the service. This policy resulted In maintaining the finance*
of your Company in good condition, and will be pursued dur 1893. Mr. John P. Green was elected Second Vice-President,
ing the present year, unless the return of pro.sp.iily warrants to till the vacancy caused by the death of Mr. J. N. Du Barry,
a change therein.
and Mr. rhas. E. Pugh elected Third Vice-President. Mr. S.
The policy of elevating or depressing the tricks so as to avoid M. Prevent was appointed General Manager; Mr. T. N. Ely,
grade crossings was further carried out, resulting in the elim Chief of Motive Power ; Mr. J, B. Hutchinson, General Super
ination of several dangerous street crossing* in the city of intendent of Transportation ; Mr. F. D. Casanave, General
Philadelphia, and in considerable progress toward the eleva Superintendent of Motive Power ; Mr. Jos. T. Richards, En
tion of your tracks in the city of Elisabeth, New Jersey. gineer of Maintenance of Way ; and Mr. Joseph U. Crawford,
The object sought to be attained, however, through the Engineer of Branch Lines. Mr, P. F. Hunter was appointed
large expenditures made in this direction, both by Assistant to the Treasurer.
Mr. Enoch Lewi* having resigned the position of Purchas
the railroads and the local authorities throughout the
State, will be almost entirely defeated if the electric railways ing Agent. Mr. A. YV. Sumner was appointed bis successor,
now being promoted throughout the country are permitted to under date of December 1st. Mr. Lewis's connection with
cross the steam railways at grade, and thus create a new and your Company had extended through a period of forty years,
most serious element of peril for the traveling public. It dtuiog which he had been General Superintendent of the Penn
must be borne in mind that the entire movement on these sylvania Railroad for over five years, and Purchasing Agent for
electric railways is in the transportation of passengers, and more than twenty-seven years. His ability and unswerving
that therefore the risk to life and limb from such crossings, integrity bad earned for him a deservedly high reputation in
owing to the frequent service, is proportionately much greater these important departments of railway service.
Mr. George M. Taylor, Auditor of Freight Receipts, who
than on the steam railways, where the trains are not nearly
ao frequent, and where the movement is made up largely of had been forty-two years in your service, died July 28th, 1893.
freight traffic. It would hardly seem reasonable that the Be had been an officer of the Accounting Department since
electric railways should be permitted to indefinitely increase 1887, and had filled the position held by him at his death since
the number of these crossings, while at the same time your 1872. During his long connection with your interests he had
Company and the City of Philadelphia are expending over performed the duties confided to him with exceptional fidelity
$400,000 to remove the grade crossings of your road by the and ability, and had earned the sincere esteem and thorough
North Pennsylvania Railroad in the northern portion of the confidence of all with whom he was associated.
city.
Mr. Jefferson Justice was promoted to the vacancy caused
The opportnnitv having been presented to your Company by Mr. Taylor’s death, and Mr. Oscar A. Kmpe appointed
Auditor
Coal Freight Receipts in Mr. Justice’s place.
to acquire the valuable properties in New Y o r k City, k n o w n
The General Balance Sheet of the Company is hereto ap
as piers Nos. 3, 4 and 5, North River, for which l a r g e rentals
on temporary leases had heretofore been paid, y o u r manage pended.
The Board renew their acknowledgments to the officers and
ment deemed it advisable to purchase them anil thus secure
permanently the wharf and dock facilities necessary for your employes for the fidelity and efficiency with which they have
business in that city ; the money required for this purchase discharged their duties during the past year.
By order of the Board.
was obtained from the sale of bonus directly secured upon
that property.
G, B, ROBERTS, President,

THE CHRONICLE,

434
D r.

GENERAL

BALANCE

8H EET

IV ol, LTVIII,

D ECEM BER

31 . 1893.
D U R IN G Y E A R 1893.
Decrease.

Increase.
Asse t s
Cost, of ro a d , in c lu d in g th e c o s t o f th e H a r r is b u r g P o r ts m o u th M t.
J o y & L a n c a s te r R a ilro a d , r e p r e s e n te d b y t h e g u a r a n te e d c a p ita l
s to c k a n d b o n d s o f s a id c o m p a n y ($ 1 ,8 8 2 ,8 5 0 ).............................................
B e a l e s ta te ......................................................................................................
E q u ip m e n t.................................................................... - .................... $ 3 9 ,1 9 2 ,3 0 4 19
E q u ip m e n t, c o v e re d b y 1 p e r c e n t E q u ip m e n t T r u s t
G o ld L o a n , G ira rd L ife In s u ra n c e , A n n u ity a n d T r u s t
C o m p a n y , T r u s te e
A c c o u n t P e n n s y lv a n ia K E . C o ............... $ 1 ,6 9 8 ,8 8 6 69
A c c o u n t P e n n s y lv a n ia C o m p a n y ........... 1 ,6 1 0 ,0 0 0 0 0
3 ,3 0 8 ,8 8 6 69

1 2 7 ,4 1 2 50
4 2 ,5 0 1 ,2 8 0 88

C o st o f im p r o v e m e n ts a n d a d d itio n s to U n ite d N ew J e r s e y R a ilro a d
& C an a l C o m p an y .
_ _____
C o n s tr u c tio n .....................................................
R eal E s t a t e ........................................................................................... 2 ,3 1 1 ,3 6 3

$ 2 ,9 8 4 ,9 3 4 33
2 ,3 9 0 ,1 7 4 81
2 ,9 8 7 ,9 9 8 85

$ 5 4 ,2 6 1 ,7 6 7 5 4
1 9 ,270,937 98

$ 1 1 6 ,0 3 3 ,9 8 6 40
$ 7 0 1 ,7 6 6 37
3 4 ,593 9 0

$ 3 ,0 9 3 ,8 3 7
9/
66
$5 ,4 0 5 ,2 0 1 63

P h ila d e lp h ia & T r e n to n R a ilro a d C o m p a n y .
C o n s tr u c tio n ..................................................................................... $ 1 ,2 9 9 ,4 7 8 09
R e a l E s t a t e .......................................................................................
3 1 5 ,5 5 9 41

3 ,7 5 0 00
1,64 5 ,0 3 7 5 0

7 ,0 5 0 ,2 3 9 13

Cost o f S e c u r it ie s .
R a ilro a d c o rp o ra tio n s .
$ 3 3 ,5 4 4 ,7 0 3 55
B o n d s.
7 3 ,5 9 4 ,8 3 0 34
S t o c k ........................... .................. ............... .................., .............................. B o n d s a n d s to o k s o f o th e r c o rp o ra tio n s , a n d in v e s tm e n ts n o t o th e r 
1 1 ,5 4 6 ,8 7 4 80
w is e e n u m e r a te d ........................................................................................................
T o ta l c o s t o f b o n d s a n d s to o k s ....................................................................
M o rtg a g e s a n d g ro u n d -re n ts re c e iv a b le ..........................................................
Cu r r e n t a s s e t s .
A d v a n c e s to o th e r c o m p a n ie s fo r c o n s tr u c tio n a n d o th e r p u r p o s e s ..
M a te ria ls o n h a n d ..................................................... ....................... ........................
A p p ra is e d v a lu e o f a s s e ts n o t d is p o s e d o f, r e c e iv e d w ith th e le a s e of
U n ite d N ow J e r s e y R a ilro a d & C a n a l Co :
S e c u r itie s ...............................................................................................................
E q u i p m e n t ............................................................................................................
Sis k i n s F u n d s,
M a n a g e rs o f T r u s t c r e a te d O c to b e r 9 ,1 8 7 8 .............................................
P e n n s y lv a n ia E R . C o n so lid a te d M o rtg a g e S in k in g F u n d . $ 4 ,6 9 0 ,2 4 0 00
L e s s b o n d s re d e e m e d a n d c a n c e le d .................................. 1 ,7 7 1 ,9 8 0 00
T r u s te e s ’ s in k in g f u n d c o n s o lid a te d m o rtg a g e F e n n a , R R . Co..................
U n ite d N ew J e r s e y R a ilro a d & C a n a l C o m p a n y s in k in g f u n d a n d re
d e m p tio n a c c o u n t........................................................................................................
I n s u r a n c e f u n d ............................................................................................................
Ca s h .
B a la n c e s w ith S u p e rin te n d e n ts a n d A g en ts.* ................................................ _.
B a la n c e s w ith L o n d o n J o in t-S to c k B a n k a n d o th e r p a r tie s to p a y
c o u p o n s d u e J a n u a r y 1 ,1 8 9 4 ...........................................................................
I n h a n d s o f T re a s u re r. ...........................................................................................

2 .7 5 0 .0 9 7 94
2 .3 5 5 .0 9 7 12
1 ,0 6 7 ,4 9 0 62
1 1 8 ,6 8 6 ,4 0 8 69
3 3 ,4 5 0 0 0

8 ,0 0 0 0 0

7 ,6 2 9 ,4 5 1 10
3 ,4 3 6 ,5 0 1 32

3 ,6 5 9 ,5 6 5 7 2
8 5 3 ,0 8 5 9 0

3 ,2 8 3 ,4 6 0 25

6 3 ,3 0 0 0 0
7 8 6 ,9 8 6 3 7

$ 4 ,3 4 6 ,9 9 5 33

8 9 ,1 7 9 93

2 ,9 1 8 ,2 6 0 0 0
12,758 99

3 2 4 ,7 8 0 0 0
1 2 ,7 5 8 9 9

2 ,5 7 6 ,5 4 0 0 0

1 1 2 ,9 2 0 0 0
9 ,8 5 4 ,5 5 4 32
1 0 ,0 0 0 0 0
5 7 ,0 8 4 2 3

$3 ,0 4 8 ,1 8 2 3 2
1,15 6 ,6 5 8 8 7
4 ,1 2 0 ,6 2 7 9 3

T o ta l..................................
L e s s a m o u n t o f d e c re a s e ..

1 4 5 ,7 5 4 1 3

9 7 ,1 2 9 7 9

8 ,3 2 5 ,4 6 9 12
$ 2 7 4 ,3 4 3 ,5 2 0 33

$ 1 4 ,2 8 4 ,7 5 8 6 0
7 ,3 2 9 ,0 0 2 90

$ 7 ,3 2 9 ,0 0 2 9 0

$ 6 ,9 5 5 ,7 5 5 7 0

A m o u n t o f in c re a s e ..

GENERAL

BALANCE

SH EET

DECEM BER

Or.

3 i , 1893.
D U R IN G Y E A R 1893.
In c rea se .

L ia b il it ie s .
C a p ita l s to c k ............... ............................. ................................................................
Funded d e b t:—
G e n e r a l m o rtg a g e b o n d s , 6 p e r c e n t, d u e 1 9 1 0 ................................................. $ 1 9 ,9 9 7 ,8 2 0
C o n so lid a te d m o rtg a g e b o n d s, 6 p e r c e n t, d u e 1 9 0 5 ....$ 2 7 ,4 8 0 ,0 2 0 00
C o n so lid a te d m o rtg a g e b o n d s , 5 p e r c e n t, d u e 1 9 1 9
4 ,9 9 8 ,0 0 0 00
C o n so lid a te d m o rtg a g e b o n d s , 4 p e r c e n t, d u e 1 9 4 3 ___ 3 ,0 0 0 ,0 0 0 CO
3 5 ,4 7 8 ,0 2 0
N a v y Y a rd m o rtg a g e b o n d s ,
5 p e r c e n t, d u e 1 9 0 1 ........................
1 ,0 0 0 ,0 0 0
C o lla te r a l t r u s t lo a n ,
4 > « p e r o e n t, “ 1 9 1 3 ...................
9 .9 0 0 .0 0 0
E q u ip m e n t t r u s t lo a n ,
4 p e r c e n t,
“ 1 9 1 4 ........................
2 .7 3 8 .0 0 0
P . W. & B . R R . s to c k t r u s t c e r ts ., 4 p e r c e n t,
“ 1 9 2 1 ........................
7 .7 8 8 .0 0 0
F i r s t m o rtg a g e r e a l e s ta te b o n d s , 4 p e r c e n t,
“ 1 9 2 3 ........................
1 .6 7 5 .0 0 0
M o rtg a g e s a n d g ro u n d - re n ts p a y a b l e ...............................................................
3 ,9 1 9 ,7 9 9
G u a ra n te e s u n d e r le a s e H a r r is b u r g P o r ts m o u th M t. J o y & L a n c a s te r
R a ilro a d C om pany.
O n c a p ita l s to c k ..................................................................................................
O n f o u r p e r o e n t m o rtg a g e b o n d s ...............................................................
P e n n s y lv a n ia C o m p a n y , p a y m e n ts f o r le a s e d e q u ip m e n t u n d e r P e n n
s y lv a m a R a ilro a d C o m p a n y 4 p e r c e n t e q u ip m e n t t r u s t l o a n ..............
T r u s te e s ’ s in k in g f u n d c o n s o lid a te d m o rtg a g e , P e n n s y lv a n ia R R . C o..
A p p ra is e d v a lu e o f a s s e ts n o t d is p o se d o f, r e c e iv e d w ith th e le a s e of
U n ite d N ew J e r s e y R a ilro a d & C a n a l C o m p a n y : S e c u ritie s .............................. .....................................................
E q u ip m e n t.......................................................................................
...........
C u r r e n t L ia b il it ie s .
P a y -ro lls a n d v o u c h e r s ................................................ ..........................................
B a la n c e s d u e o th e r r o a d s , tra ffic ............................................ " $ 5 7 3 1 7 7 42
O th e r t h a n t r a f f i c ............................................................................. 1 5 ,9 4 6 ,6 2 3 44
I n t e r e s t o n b o n d s m a tu r e d a n d u n o o lle e te d .......................................... .......
D u e s h a r e h o ld e rs , c a s h a n d s c rip d iv id e n d u n c o lle c te d .
$ 9 9 ,0 5 6 25
I n t e r e s t on s to c k a l l o t m e n t s .......................................................
11 7 g

$ 1 2 9 ,2 7 1 ,0 5 0 00

B a la n c e t o c r e d it o f p ro fit a n d lo s s ...........................................................
T o t a l..................................
L e ss a m o u n t o f d e c r e a s e .
A m o u n t o f in c re a s e .

$ 2 ,4 9 6 ,5 5 0 0 0

00

3 ,0 0 0 ,0 0 0 0 0

00
00
00
00
00
00
88

$ 1 0 ,0 0 0 0 0
1 2 1 ,0 0 0 0 0
1 ,6 7 5 ,0 0 0 0 0
4 3 4 ,9 1 3 50
8 2 ,4 9 6 ,6 3 9 88

$ 1 ,1 8 2 ,5 5 0 0 0
7 0 0 ,0 0 0 00
1 ,8 8 2 ,5 5 0 00
3 2 2 ,0 0 0 00

8 0 ,5 0 0 0 0
3 6 3 ,2 2 1 0 6

3 ,2 8 3 ,4 6 0 25

6 3 ,3 0 0 0 0
7 8 6 ,9 8 6 3 7

$ 4 ,8 2 8 ,0 0 5 9 4

1 ,8 7 9 ,2 0 3 0 1
2 3 9 ,2 1 8 86
2 ,3 7 2 ,4 1 0 39

1 6 ,5 1 9 ,8 0 0 86
5 1 ,7 0 3 02

3 9 ,4 2 4 1 0
1 6 ,196 3 6
5 28

9 9 ,0 6 8 01
S in k in g fu n d c o n so lid a te d rn o rt. b o n d s, c o n trib u tio n s to D ec. 3 1 ,1 8 9 3
E d n a f o r p u rc h a s e o f s e c u ritie s g u a r a n te e d b y t h e P e n n s y lv a n ia R a il
r o a d C o m p a n y , u n d e r T r u s t c r e a te d O c to b e r 9 , 1 8 7 8 . . . .....................

Decrease.

2 1 ,4 9 8 ,5 7 7 83
$ 4 ,6 9 0 ,2 4 0 0 0

3 2 4 ,7 8 0 00

4 ,4 2 0 ,8 5 0 03
9 ,1 1 1 ,0 9 0 03
2 6 ,4 7 8 ,1 5 2 34
$ 2 7 4 ,3 4 3 ,5 2 0 33

7 3 ,8 5 4 7 0
1 6 ,2 9 1 59
$ 1 0 ,4 7 4 ,3 0 5 46
3 ,5 1 8 ,5 4 9 76

$ 3 ,5 1 8 ,5 4 9 7 6

$ 6 ,9 5 5 ,7 5 5 7 0

R.OBT, W. SMITH, Treasurer.
^^Stockholders can obtain copies of the report in pamphlet form by personal application or by letter t o the Secretary
Boom 33, No, 233 South Fourth Street, Philadelphia,

THE CHRONICLE.

Mabce 10, 1S94.]

’T h e

(C o m m e rc ia l

435
C

J im c s .

O

T T O

N

.

March 9, 1894.
as indicated by our telegrams
from the South to-night, is given below. For the week ending
COMMERCIAL
EPITOM E.
Obis evening the total receipts have reached 70,051 bales,
F r i d a y S i g h t , M a rc h 9 .1 8 9 4 .
against 67,858 bales last week and 82,981 bales the previous
Some increase of business has developed for nearly all kinds week; making the total receipts since the 1st of Sept., 1893,
of staple merchandise. Buyers generally manifest a desire to 5,303,779 bales, against 4,403,986 bales for the same period of
abstain from incurring extensive obligations, but greatly re 1892-3, showing an increase since Sept, 1,1893, of 902,813 bales.
duced assortments of goods in second hands compel a heavier
S a l.
M on.
Pues.
Wed, Th urs.
Receipt* at—
JW .
Total.
line of purchasing in preparation for spring trade. Col G a lv e s to n ..........
679 1,621
1,471 1,2 8 7
97
5 57
5 ,7 1 2
lections are more satisfactory than last week, but some tardi V elasco, A c —
......
......
......
275
375
3,081 5.S35 6,8 1 2 4.S 96 2,9 9 6 6 ,5 4 2 3 0 ,1 6 2
ness in settlement is noticeable at industrial centres where New O rle a n s ..
363;
21
421
125
818
133
1,881
labor has for some time been unemployed. Speculation in M o b ile ...............
..........
160
160
leading articles of merchandise has been principally to defend S a v a n n a h .......... 2,009
97 4 1 ,3 7 8 1,537 1 ,4 9 7
2,228
9 ,6 2 3
previous engagements, very few new deals taking place. Un
1,025
1,025
usually mild weather has prevailed during the current week, C h a r le s to n ........
8 16
40
52 2
668
2 ,5 4 3
42 1
76
........
8
8
......
giving rise to some fears of premature development of vegeta P t. R o y al, Ac. .......... ..........
65
450
6 60
1,900
114
118
463
tion, but no serious crop injuries were reported, and latest ad W ilm in g to n ___
6
......
6
W ash’to n , Ac. . . . . . .
.......... j
......
vices from win ter-wheat sections indicated seasonable progress
649
402
3 ,6 5 7
629 l,3 6 2 j
3 95
220
in condition of the growth. Farmers continue to market N o rfo lk ...............
532
226
3 ,8 0 5
W est P o i n t .. .
6 36 1,327
891
193;
their remaining holdings of grain with some freedom. The
1,942
1 ,9 1 2
......
......
N’p o r t N ., A c. . . . . . .
export trade has been of moderate character for nearly all
.......... ;
7 80
3,0 2 6
300
830
700
416
staple commodities, shippers confining their investments to New Y o rk .........
2 64
219
9 75
232
142
118
the limit of positive orders from abroad.
1,791
1,7 9 1
......
Lard on the spot has declined, and at the concession busi B a ltim o re ..........
1,560
233
234
455
430
191
17
ness has been a trifle more active, closing easv at 05*c. for P h ila d e lp h ia Ac
prime City, '•321£c, for prime Western aod 7-80c. for refined T o f ls t h is w e ek 8.1831 1 3 ,150 12,043 1 2 ,004 7.6241 17,045: 7 0 .0 5 1
for the Continent. The speculation in lard for future deliv
The following shows the week's total receipts, the total since
ery at this market has continued dead and prices have de
clined in response to weaker advices from the West, due to Sept. 1, 1893, and the stock to-night, compared with last year.
continued selling by packers, prompted by the dulness of
Stock.
1893-94.
1892-93.
trade and full receipts of hogs, dosing easy.
Receipt* to
Sin ce Sep.
F r id a y N ig h t .

The Movem ent o f t h e Ch o p,

U a r th . 9.

DAILY GLOetXG I*RICES O r LARD rC TC R E S.

M arch......................................
M*jr.......... ................................

Sal-

755
7 -4 0

Mon. Tate.

7 -4 2
7U 5

7 35
7 25

Wed. IKurt.

7 -4 0
7 30

7 35
730

Fr,.

7 30
7 20

G a lv e s to n ..,
V elasco. Ac
S e w O rleans
M obile...........

Thie
Since Sep.
Weeks | 1 .1 8 9 3 .

m i

Wee*.

1, 1892.

5,7 1 2 9 4 4 ,5 5 2 11,469 9 7 5 ,7 5 8
27 a
3 2 ,933
2 74
4 0 ,8 6 3
3 0 ,1 6 2 1,663,810 20,1*11 1 ,3 4 0 ,3 2 9
1.251
15 4 .6 1 2
1.981. 182 225
1601
3 i ,3Ui*
2 7 ,0 1 5
3,6 2 2 6 8 6 .3 5 4
9,623 8 7 5 .6 9 6
6
7
,4
4
4
97 1 3 9 .7 6 1
1.021.
2 ,5 4 3 : 3 2 2 ,9 1 0
1,770 2 6 1 ,8 5 9
6 1 ,8 6 7
42.5
8
2 8 4 1 5 4 ,2 0 2
1.900 1 8 4 ,8 0 2
0
6
495
747
5 ,7 9 2 2 2 9 ,0 1 6
3,657, 4 2 3 ,9 7 0
3,805. 2 1 9 ,5 1 0
801 1 7 9 ,7 1 9
362
1.942
5 1 ,5 2 6
17,443
3 3 ,9 0 5
3.0 2 6
1,820
6 6 .4 6 0
9 75
7 4 ,6 9 7
3 .9 8 3
8 4 .7 9 7
4 9 ,0 5 9
1,904
1,701
4 9 ,1 2 6
1,5 6 0
* 3 ,3 4 7
36.921
1,427

1894.

6 2 .4 5 2

18 9 3 .

6 9 .9 4 6
2,271
3 0 6 ,3 3 4
3 0 ,5 2 6

Pork ha- met with a moderately active trade, but at slightly
2 5 2 .4 8 4
lower prices, closing at |i:i'%18 50 for mess, |H<8#!6 for
3 0 ,8 2 8
short clear, 114 for family and $12 50 J$I3 for extra prime.
Cut meats have sold slowly, but prices have held steady at S a v a n n a h ...
6 5 ,7 1 3
7 9 ,6 4 4
fi.V<r7‘4c. for pickled bellies 12 4 10 lbs. average.
for
Br* w ick ,Ac
2 00
3 ,7 0 0
pickled shoulders and ftljC. for pickled hams. Beef was O harleeion
3 4 ,9 6 4
4 1 ,0 3 1
quiet at $8 for extra m as, $10(18!1 for packet, $tli£$H for
family and $l?fct$21 for extra India mess. Beef hams were W ilm ington..
1 3 .5 2 5
1 0 ,598
steady at $16 503916 75. Tallow has beep modeniD-l v active
and firm at 5tjc. Lard stearine has declined to
4 7 ,924
-Norfolk.........
4 7 ,3 5 5
Oleo stearine Iras also weakened, closing at 7c. asked. Colton
West Point
6,0 5 3
5 ,3 4 6
seed oil is depressed, closing at 27c. for prime crude and
X’p - t » . . * c
2 ,2 5 3
462
31^0. for prime yellow. Butter was fairly active anil steady S e w Y o r k ...
2 5 3 .9 0 2 2 9 1 ,8 0 7
at 15]$22c. for creamery. Cheese was active and firm at SM, B oston . . . . . .
1 6 ,0 0 0
11,000
$)13c. for State factory, full cream. Fresh eggs were quiet B a ltim o r e ...
1 3 ,0 9 2
2 5 ,8 2 6
but about steady at 17*t£#18c. for choice Western.
9 .9 5 4
1 2 ,8 6 8
Coffee has secured steady attention of satisfactory volume, PhU»de!.,Ao.
and the market ruled firm at further advance in cost. Rio T o t a ls ........ 7 0 .051 5 ,3 0 6 ,7 7 9 552175 4 .4 0 3 .9 6 6 8 3 7 .6 7 0 9 1 0 ,9 8 2
quoted at 17j^c. for No. 7 flat bean: good Cucuta 2l@211|C.
In order that comparison may be made with other years, we
and interior Vadang 2d?* $2-tc. Speculative dealing was give
below the total* at leading ports for six seasons.
fairly active, with rates stiffening, although at the advance of
1.991.
1890.
ferings increased. At the close a covering demand keep* ad Receipt! at— 1894.
1893. ] 1892,
1889.
vantage in sellers' favor.
Galvea’o.Ae
1*1,276
9.231
6.771
5,987
11.742
8,3 3 3
The following are the final asking prices :
■New Orlean«
3 0 ,1 6 2
20,911 3 9 ,1 3 3 2 9 ,3 1 9 2 1 ,5 8 6 2 5 ,8 9 3
M oU .................... 1 6 '4 0 c. J u n e
...............13-30«. | S e p t
. . . . . . t 4 55e.
Apr.......... — 161 Se. i July.................15-lOc. O ct......... ........... 14 3 >c
May................. 15-BOc. i An*................... l*-«5e. 1 D vr................... U *20e‘

M o b ile ..........
Savannah ..
Char'ton.Ac.

1.881
9.0 2 1
2.551
1.906
3,657
5.7 4 7
8.5 3 7

1,251
3 .6 2 2
1 ,7 7 0
293
5 ,7 9 2
1,163
9,031

2,6 6 0
1 1 ,894
3 ,8 7 9
1,413
7.0 3 5
5 ,3 4 7
10.829

4,502
13.094
4 ,5 1 6
1,252
0 ,6 3 0
5.1 9 5
1 0 ,802

711
4 .7 7 8
1,792
325
2,8 8 5
3,7 6 3
12,144

3 ,0 7 3
5 ,8 1 3
2 ,9 2 3
953
3 ,9 6 9
1 2 ,9 5 8
1 8 ,1 0 1

Raw sugars have been more plenty, but freely taken and
commanded firm rates on spot and to arrive. Centrifugal Wllm’ton.Ac
quoted at 3 3-10c. for 90-deg. test and Muscovado at 2 13-16c. -Norfolk........
tor 99-deg, test. Refined sugars were f lirly active and firm W. Polnt,A c.
for all grades; granulated quoted at 4 7-lfic. Teas generally *11 oth er* ..
steadier: spices more active and firmer.
9 3 ,3 9 0
87.541
5 4 ,7 3 5
8 0 ,0 2 6
Kentucky tobacco has attracted increased attention and TOt. th is w k. 7 0 ,051 5 5 ,5 7 5
prices have”ruled firm; sales 230 hhd*., principally to export Btaca 8 e p t. 1 5 3 0 6 .7 7 9 4 4 0 3 .9 6 8 64*6,13316009.5X 3 5 4 9 0 .7 5 3 ‘5 0 9 0 ,9 9 1
ers. Seed leaf tobacco has continued to meet with a slow sale
export* for the week ending this evening reach a total
and prices have been barely maintained: sales for the week ofThe
101,016 bales, of which 55,318 were to Great Britain, 20,848
were 800 cases, as follow* : 50 cases 1892 crop. New England to France
and 24,830 to the rest of the Continent. Below are
Havana seed. 18 440c.: 50 cases 1802 crop. New England seed
•he week i
leaf, 2l@24c.; 300 cases 1892 crop. Wisconsin Havana, 8§l0c.:
W u k Bndina Mch. 0.
From Sept. 1. l>m, to Mch. ». 1884.
50 cases 1891 crop, Wisconsin II *vana. Side,: 100 cases 1892
Msportaa to—
BxtHtrie l to—
Bxpo*U
crop, Zimmer's, private terms; ISO cases 1892 crop. State Ha
Great
Conti Total Great
Conti
from—
vana, 9 # 12c,, and 100 cases sundries, 8320c.; also 303 bales
Total.
Bril'n. France nent. Week. fjritain. France nent.
Havana. 63c.(ill 05. and 20) bales Sumatra, $2 80Q$3 10.
93.811 736,020
. .. .. . 10,116 537,316 10* ,816
For Straits tin the market has continued dull, but prices Gel re s to o ....... 10.1 IS
247
247 . . . . . . . .
20.308
29.309
have made a slight improvement on stronger foreign advices, Velasco, Ac....
Orleans
U .107 10,348 1L.J63 43,618 509.310 370,504 307,652 1.277,376
and the close was firm at 18’70c. Ingot copper has been quiet New
........
810
530
31,628
Mobile Jt Pen.
30.308
and without change, closing steady at 9*53c. for Lake. Lead Savannah .......
111,708 32.697 295.507 *40,002
has made no important change and the cloee was quiet but Bren* wick.. .
2,600
38.65 i
60,835
0,680
3.850
3.350
steady at 3 27J^c. for domestic. Spelter is unchanged at Charleston*.
212,086 16.206 128,015 357,200
3-75c. for domestic. Big iron ha* been quiet at $11<3$14 for WU ml ns t<>n.
,, ...
68,300 ..
80.355 157,064
domestic.
350
11,378 116,820
Norfolk...........
6,021
.. ... 6.021 134,694
01,103
76.407 .. ..
14.606
Refined petroleum is unchanged at 5-15c. in bbla., 2-65o. in W est P o in t....
. . . . . . ........
34,672
34,674
bulk and 6-25c. in cases: crude in bbls. is unchanged, Wash N>*t New*. Ac .........
143,533
483.953
328.091
New
York.
.
10.247
2,666 13.203
13.420
300
ington closing at 6c. in bbls, and 3-50c. in bulk; naphtha.
184.430
2 ,4 1 2 1 186.851
13.634
5' aC. Crude certificates have advanced, closing with buyers Boston............. 13,634
37.770
5.8*1 101,038’, 144,101
2,201
1,200
7.334 10.828
Baltimore..
..
at 83J4c, Spirits turpentine has been dull but steady at 31>., 4
21,867
4,227
100
17,640
100
82c. Rosin ha* continued dull at $1 10(31 15 for common and Phiiadeip’a Ac
good strained. Wool has been lees active and easier for do Total ... .. .. . 6 6 ,316 2 0 3 4 8 24,850 101.016 *.411.271 546,484 1 ,2 3 1 ,3 8 ^ *,189,085
mestic, but foreign has met with a better trade at full prices. T o ta l. 1892-93.. 18,747 10,806 34,780 73.342 1,754,111^460,78* 1.015,034'3.210.027
Hops are dull and easy.
• In clu d in g P o r t R oyal.

rVOL. LMIII.

THE CHltOxNlCLE.

436

In addition to above exports, our telegrams t o - n i g h t also i T h e S a l e s a n d P r i c e s o f
tive us the following amounts of cotton on shipboard, n o t f o l l o w i n g c o m p r e h e n s i v e t a b l e .
cleared, at the ports named. We add similar figures for
►H I
<s 2 .
OUSP®
New York, which are prepared for our special use by Messrs.
-j
g. I CDO
5 © © » S’a.S.S5 is 6 3
Lambert & Barrows, 3d Beaver Street.
® 1 “•©$3 c 2 “ §" B-g-50!
■H*
OX S H IP B O A R D , NO T C L E A R E D — F O R
T’- s S g '
M arch 9 a t—

G reat
B r ita in . F rance

N ew O r le a n s ...
G a lv e s to n .........
S a v a n n a h .........
C h a r le s to n ........
M o b ile ...............
N o r f o l k .............
N e w Y o rk .........
O th e r p o r t ___

22,2 2 3
113
N one.
N one.
N one.
10,2 0 0
4,2 0 0
1 0 ,0 0 0

N one.
N one.
N one.
N one.
N one.
N o n e.
150
N one.

O ther
Foreign

wise. 1 Total.

14,8 8 4
5,4 7 2
6,0 0 0
3 .0 0 0
N one.
2 ,1 0 0
5 ,4 5 0
7 .0 0 0

717
5,901
1 ,5 0 0
800
N o n e.
4 ,2 0 0
N o n e.
N one.

T o ta l 1 8 9 4 ...

4 6 ,7 3 6

150

43,9 0 6

13,118

1 0 3 ,9 1 0

7 3 3 ,7 6 6

3 9 ,3 9 4
4 8 ,6 3 8

11,0 4 3
2 0 ,9 5 6

3 3 ,3 0 8
5 5 .7 9 8

9 ,2 7 3
15,6 7 5

9 3 ,0 1 8
1 3 9 ,0 6 7

8 1 7 .9 6 1
1 ,0 6 2 ,0 8 3

Speculation in cotton for future delivery at this market still
fails to attract a new trading element and operations during
the week under review have been principally of a local char
acter. Fluctuations were not extensive, and the caution
manifested by all operators served to create a fair balance and
a reasonably steady tone. On Saturday fairly promising
cable advices gave this market momentary help and raised
value 4 points, but some attempt to realize followed and price
dropped until there was a net loss of 3 points for the day.
During Monday there was a very sharp drop of 13 points,
from which the only recovery was a little more steadiness at
the close. Tame advices from Liverpool and.the Continent and
considerable discouragement over the slow legislation at Wash
ington upon bills affecting commercial affairs induced a great
many holders to sell out. On Tuesday, however, the offerings
were smaller, and as some of the small traders on short side
became anxious to cover, price stiffened, and closed at 11@12
points full gain. Wednesday’s market opened lower, ad
vanced 10 points, and then set back to about a level of ruling
rates the previous evening, indicating by the fluctuations a
nervous leeling prevailing. Yesterday the variations in
price were moderate, but the market inclined to a greater
firmness until the close, when reports prevailed of an in
tended curtailment of production by; Eastern mills. To-day
trading was slow and moderate, and the tone easy under in
different advices from abroad. Cotton on the spot has been a
trifle more active, closing at last week’s rates. Middling up
lands 7%c.
The total sales for forward delivery for the week are 636,300
bales. For immediate delivery the total sales foot up this week
4,045 bales, including — for export, 3,145 for consumption,
---- for speculation and 1,900 on contract. The following are
the official quotations for each day of the past week—
March 3 to March 9.
Rates on and off middling, as established Nov. 33 bv the
Revision Committee, at which grades other than middling
may be delivered on contract:
00.
ou.
on.
on.
off.
off.
oil.

G ood O rd in a ry ................. c. I 1® o il.
G o o d M id d lin g T i n g e d ...
E ven.
S tr ic t M id d lin g S ta in e d ..
oil.
M id d lin g S ta in e d ............... 7,', oil.
S tr ic t L o w M id. S ta in e d ..
2 O ft.
L ow M id d lin g S ta in e d ___1%
off.

On this basis the prices for a few of the grades wonld be as
follows:
U PLAN D S.

S a t.

rrc o ii T u e s W e d

G ood O rd in a r y ..............................
L o w M id d lin g .................................
M id d lin g ...........................................
G ood M id d lin g ..............................
M id d lin g F a i r .................................

6q>
7 3 ig
75s
Z
’>
84*

7H
7®ie
7 !s
8 ‘ |«

6 ”l6
7^

S a t.

IT Io n T u e s W e d

T il.

F rI.

6-*
7 3 16
7»s
7 i5 ie
8>*

7%
71*16
b 1*

T il.

F ri.

7 796
8318
8*

64i
7 ‘ie
T7a
83l 8
8 34

6%
77,8
7 78
| 318
83»

S a t. | M o n T u e s W e d

T it.

F ri.

G U LF.
G ood O rd in a ry ..............................
L ow M id d lin g ................................
M id d lin g ...........................................
G ood M id d lin g................................
M id d lin g F a i r .................................
S T A IN E D .

6%
7 'i e
778
§ 316

L o w M id d lin g .................................
M id d lin g ...........................................
S t r i c t M id d lin g ..............................
G ood M id d lin g T in g e d ...............

6*4
73'8
71332
75* '

S73g
l lle
I lS ie

t9
4

6
87?„

6>*
731S
7=8
715i8
81*

6 H 16
7%
7 i 3ie
8 1*
8 H ,8

6 318
7^
7^
71! 22 711,2
79i«
79'«

61t

GH
6M
70,8
71312
7=s
7=8 '

6i*

6H
7S.8
713,2
7=8

MARKET AND SALES.

The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
a column which shows at a glance how the market closed on
same days.

S a t’d a y .
M on d ay
T uesday
W ed’day
T h u F d ’y
F r i d a y ..

D u ll........................
Q u ie t a t I jq d e c.
S t e a d y .................
Q u ie t a t i,» a d v .
Q u ie t & s te a d y ..
D ull a n d e a s y ...

T o ta l. . . . . . . . . . . . . . . . . . .

Ex
p o r t.

....

Total.

Sales o f
F utures.

....

208
1,927
492
648
438
332

60,000
114,200
144.000
141,500
115.000
81,600

1.900

4.045

6 86,300

Con- 1Spec- C on
8 u m p . 'u t'V n tract.
208
127
492
548
438
332,
2.1 4 5

....
....
....
....
....
....
....

1,800
100

a*

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* In c lu d e s s a le s in S e p te m b e r, f o r S e p te m b e r, L,7oo; S e p te m b e r
O c to b er, f o r O c to b e r, 2 6 7 ,8 0 0 ; S e p te m b e r-N o v e m b e r f o r N o v e m b er •
717,900; S e p te m b e r-D e c e m b e r, fo r D e c e m b e r, 1 .3 6 2 .4 ; S e p te m b e r ,
J a n u a r y , fo r J a n u a r y , 7 ,0 3 9 ,9 0 0 ; S e p te m b e r-F e b r u a r y , fo r F e b ru a ry ,
1 ,486,800.

The following exchanges have been made during the week:

SA LES O F SPO T AND CONTRACT.
SPO T M A R K ET
CLO SED .

» 00

2 1 4 .6 6 0
5 0 ,066
7 2 ,1 4 4
3 7 ,231
3 0 ,828
3 1 .4 2 4
2 4 4 ,1 0 2
52,411

3 7 ,8 2 4
1 1 ,4 8 6
7 ,5 0 0
3 .8 0 0
N one.
1 6 ,? o 0
9.8 0 0
1 7 ,0 0 0

T o ta l 1 8 9 3 ...
T o ta l 1 8 9 2 ...

F a i r .......................................e.
c. I11*
J4
... 7q
M id d lin g F a ir .___
S tr ic t G ood M id d lin g ........ n.
G ood M iddling..................... 5]
S tr ic t L o w M id d lin g .......... s
L o w M id d lin g ..................... 7
S t r i c t G o o d O rd in a ry ........ lS ja

5 r* O

L e a v in g
S tjc k .

F utures a re

-07 pd. to e x c h . 4 0 0 M ay fo r J u n e .
■13 p d . to e x c h . 2 0 0 M ay fo r J u ly .
■21 p d . to e x c h . 5 0 0 M oh. f o r J ’ne.

•03 pd . to ax o h . 5 0 0 S e p t, fo r Nov.
*15 p d . to e x c h . 1 00 A pr. fo r J u n e .

T h e V i s i b l e S u p p l y o f C o t t o n to-night, as made up by cable
and telegraph is as follows. The Continental stocKs, as well as
those for Great Britain and the afloat are this week’s returns,
and consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
figuie, for to-night (Mch. 9), we add the item of exports from
the United States, including in it the exports oT Friday only.

THE CHRONICLE.

March 10, 1804. J
1893.

1892.

18 9 1 .

437

QUOTATIONS FO R M IDDLING COTTON AT O T H E R M A R K E T S .—

s to c k a t L iv e rp o o l..........b a le s . 1 ,8 0 0 ,0 0 0 1 .660.000 1 ,7 1 9 ,0 0 0 1 ,1 4 1 ,0 0 0
7,000
5,000
8,000 17,000 Below we give closing quotations of middling c o t t o n at South
Stock ac LfOOdoii........
Jotal 6»M Britain stock. 17307,000I,««>;>,COO1,727,000 1,101,< 00 ern a n d other principal cotton markets for each d a y o f the week.
Stock at.H.i:abBJxc.... .........
24.0(H) 13.5(H)
2,500
4,400
CLO SIN G QUOTATION'S FOK M ID D L IN G COTTON O X Stock at Bremen................... 217,000 189,000 139,000 149,000
2 0 ,0 0 0
16,000 1 6 ,0 0 0
Stock at Amsterdam............
M arch 9. " S a tu r .
Tues.
W ednes. T h a r s .
M on.
F r i.
2
0
0
400
4
0
0
Stock at Rotterdam...............
2(H)
5 .0 0 0
7,000
3 ,0 0 o G a lv e s to n ...
S to c k a t A n tw e r p ......................
2 0 ,0 0 0
7 te
7 te
7 te
7 ^
7H
7H ~*
4
2
1
,0
0
0
3
2
1
,0
0
0
Stock at Havre..................... 470,000
2 3 2 ,0 0 o N ew O rle a n s
7 'i
7 f,S
9 .0 0 0
7.00U M obile...........
Stock at Marseilles...........
7,000 1 0 .0 0 0
7>s
7%
7%
7
H
7*8
i
t
9
3
.0
0
0
9
5
.0
0
0
86,00u
71.000
Stock at- Barcelona...............
7
n n a h . ..
7*6
73,6
7118
73,8
Stock at treuoa.....................
17.000 1 6 .0 0 0 1 4 .0 0 0 1 0 ,0 0 0 SC ahvaar le
7H
7M
s to n ..
7^8
7M
7%
li.ooo
1
4
.0
0
0
Stock at Trieste...................
18,000
7%
7^
W ilm in g to n .
7 te
7 te
7>a
7*8

T o ta l C o n tin e n ta l s to c k s .. _______________I___________
8 6 0 ,2 0 0 7 8 1 ,7 0 0 ' 8 2 75,93010,6 '0 5
T o ta l E u ro p e a n s t o c k s . . . . 2 ,8 0 7 ,2 0 0 2 ,446,700 2 ,3 5 4 ,9 0 0 1 ,6 9 4 ,8 0 0
1 6 0 ,0 0 0
8 0 ,0 0 0
1 0 6 ,000 1 5 6 .0 0 0
I n d ia c o tto n a flo a t fo r E u r o p e .
A rner. c o u 'n a flo a t fo r E u ro p e . 3 2 0 ,0 0 0 2 2 6 ,0 0 0 4 3 9 ,0 0 0 4 6 7 .0 0 0
5 2 ,0 0 0
4 0 ,0 0 0
4 3 ,0 0 0
E sc y p t,B r» z il,4 c . a f l t f o r E 'r ’pe
48 ,0 0 0
9 3 7 ,6 7 0 9 1 0 ,9 8 2 1 ,2 0 1 ,1 5 0 6 9 9 ,1 1 3
S to c k in U n ite d S ta te s p o r t s . .
S tock In U. 8 . in te r io r t o n u s . . 3*22,111 4 1 9 ,0 3 3 4 7 9 ,3 9 3 3 7 3 ,2 2 8
16,004
‘2 5 ,2 8 6
13,1 9 3
D o ite d S ta te s e x p o r ts to -d ay .
17,095
T o ta l v isib le s u p p ly ............ 4 ,3 7 4 ,9 9 1 4 ,1 4 9 ,0 0 6 4 .6 3 6 .6 4 1 3 ,4 4 3 .2 3 6
O f th e a b o v e, to t a l s o f A m e ric a n a n d o th e r d e s c rip tio n s a r e a s fo llo w s:
A tm n e a n —
L iv e rp o o l s to c k ............... b a le s . 1 ,5 2 3 .0 0 0 1 ,4 0 9 ,0 0 0 1 ,4 6 9 ,0 0 0
8 4 0 .0 0 0
C o n tin e n ta l s t o c k s ..................... 7 4 6 ,0 0 0
8 7 9 .0 0 0 5*20,000 4 1 9 .0 0 0
American a flo a t f o r E u r o p e . .. 3 2 0 ,0 0 0 2*26,000 4 3 9 ,0 0 0 4 6 7 .0 0 0
U n ite d S ta te s s to c k .....................
8 3 7 ,6 7 6
9 1 0 ,9 9 2 1 ,2 0 1 ,1 5 0 6 8 9 ,1 1 3
O o l t e l t - c . . . : : . - . : . , : , - . . , ', <-**2.111 4 1 9 ,'<3- 4 7: •. 3 :■J 3 7 3 ,229
P a tte d S ta te s e x p o r ts to -d a y .
1 0 ,0 0 4 ________________
*25,286
13.193
.________17,0 9 5

Total American............... 3.789,79 3,608,806 4,121,741 2,s05,43tf

M a tt I n d ia n , B r a z il, Ac, —
L iv e rp o o l s to c k ............................ 2 7 2 ,0 0 0 2 5 1 ,0 0 0 2 5 0 .0 0 0 3 0 4 .0 0 0
L o n d o n s t o c k .................................
7 ,0 0 0
5 ,0 0 0
8.000
17.0 0 0
C o n tin e n ta l s to c k s ....................... 1 1 4 ,2 0 0 1 0 3 .7 0 0 1 0 7 .9 0 0
1 1 2 ,900
80,000 1 0 6 .0 0 0 1 5 6 .0 0 0
I n d i a a flo a t fo r E u r o p e .............. 1 6 0 ,0 0 0
4 0 ,0 0 0
E g y p t, B ra z il, A c., a f lo a t..........
5*2,000
4 3 .0 0 0
4 8 .0 0 0
T o ta l E a s t r n d ls . A c ............ 6 0 5 .2 0 0 4 7 9 .7 0 0 5 1 4 .9 0 0 6 3 7 ,8 0 0
T o ta l American,
3.769,791 3,663,306 4,121.741 2.305.436
T o ta l v isib le s u p p ly ............
.. 4,374,§5| 4,143,006 4,656,641 3,4*5335
Middling U p la n d , L iv e r p o o l..
4h*d.
5 t|s d ,
3**}tdt ; 'lrd M tddllD c U p la n d , h e a r Y o rk ..
7*0.
9*Se.
Git,".*.
'
E g y p t O m l B ro w s . L iv erp o o l
5<*d.
• V I..d .
54.
5<3,*d.
P * r n r . R o u g h G o o d . L iv erp o o l
6 % d.
7V L
B re a c h P in e . L iv e r p o o l............
S ’ tfd .
3*r, 4.
4-Sd.
T tn n a v e lly O o o d , Liverpool...
«»»,
5M .
3% d.
4U , a
d

SST The imports.iatoOaotineaUl ports the past week have

been

65,000 bales.

The above figures indicate an i n c r e a s e in th e cotton in sight
to-night of 326,985 bales as compared w ith the* n w date
in 1893, a d e c r e a se , of 391,650 bales frn.n the corresponding
date of 1893 and an i m r e a a e of 931,755 bales over 1891.
a t the I nterior Towns the movement—that m the receipts
for the week, and since September 1, the shipm ents for the
week and the stocks to-night, and the same items for the
corresponding period of 1882-93—is set out in detail below

N o rfo lk .........
B o s to n ..........
B altim o re ..
P h ila d e lp h ia
A u g u s t a . . ..
M em p h is—
8 t, L o u is ___
H o u sto n —
C in c in n a ti..
L o u isv ille .. .

7>4
~H
7%
8 te
7 te
7 5 ,a
7= ,a
7 te
?4*

7 te
7»e
7^8

7H
7«>,a
7=8
8
73,8
7 te
79,8
7H
T it*
7%

75l6
76,8
7q
7 I;e
73g

7M
79,8
7=8
8
7 te
7H
7=18
rq

7*4
7%
7=8
8
? te
7 5,e
7»I6
7*4
Z z*
7%

7*4
7=8
7%
8
7*4
7=16
7 “18
7*4
7*3
7%

The closing quotations to-day (Friday) at other im portant
Southern markets were as follows.
7 | L ittle R o c k ....
A t l a n t a ..............
6 78 I N e w b e rr y ..........
7 1 M o n tg o m e ry ...
7 1 R a l e ig h ..............
C olum bus, G a .
C oium bus.M iaa
7>s j Selm ai..................
6% ! N a s h v ill e ..........
7 [ M a tc h e s .............
7*6 1S h r e v e p o r t ___
E u f & o lf t.......
R e c e i p t s f r o m t h e P l a n t a t i o n s , — The following

63*
7
7
7

table
indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outports.
JT«*

| R t a i p u a t th e P a r ts . St'k. a t I n t e r i o r T w c n t.'R r e ’p t s f r o m P h n t ’ r s

IS#*, j ISM. ( ISM. ; Mtt. I 1SU. * 1891. i 1892.

1893.

1801.

Feb. *......Mfl.HS (W.N13 116.746 S65.1I6 449.731 106.910 155,471 91,677 103A ll
r
9.....J«R»S3| SU SS lti0,S6u’553,815::418457490.917 170.543 79,586 61,537
*• 1 6.... 1*4,681 66.920 ;L3S7 54S.7A*, 111.491 376,763 135.621 62.357 37,173
*•
ltt.« e s ! t « M ! 8 4 ,i» rS « .7 « ;t3 8 ,S S l:;M S ,8 2 4 116,659 62.796 69,9*0
Mcb. 2...... ;U».7te 64.011 6754? 199,067 133,077,317,01* 96,079 59.224 51,077
"
9 ...J 93.3*6' 15.575 70.051 179.3/3 119.038139*411 73,722 11,533 45,122-

The above statement shows: 1.—That the total receipts from
the plantations since Sept, 1 in 1883 are 5.532,724 bales; in
1882-93 were 1,091,370 bales; in 1891-92 were 0,709,002 bales.
2.—That although the receipts at the outporta the past week
were 70,051 bales, the actual movement from ol&ntations was
45,1*22 bales, the balance being taken from the stocks a t
the iaterior towns. Last year the receipts from the plantations
for the week were 41,535 bales and for 1892 they were
73,728 bales.
O v e r l a n d M o v e m e n t f o r t h ;i W e e k a n d s i n c e S e p t , 1 .—

We give below a statement showing the overland movement
for the week and since September l. As the returns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
the principal matter* of interest are given. This weekly
publication is of course supplementary to the more extended
monthly statements. The results for the w e e k ending Mch. 9
1893-94.
M m rfh 9 .

m ? > * » - * « •*
> « - 1 —©*?>#.■© 0»i2 *•
*•^54 C*& K»© * w**4 *5 © —fiC»-*SJ»14*
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■«h
m
*■*
—
m
Z3tffeS3 *. *>*tO© tZ *■*.©
$0 13*3 ' I *V»5* 5S«-»*3 © §3© 33Q 1-5«•* :
P- ®r ' r *r *P- wi*»;Mr4r*.2' P * * 5 « p 3 «
.
*•*w a» #>-x-s *»*4*■!-as*;». v to*> © is a. ■*#.*.#>■ &

a

i

s

c* |

r*
I3
f*
fejo
w
*-* I jj
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M O Z&S3*“Os—©■©££*»** *-* f f s W se««3: £S*fe&5a* ; "
*
*45 7f $? *wW CfrM s* ** s* 35
13 5*#*<l*'*% SntsfZr m I 3
®, *—
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fSS
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«*» ^*J»**; * S3***
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®*W45J f
-a*-w
O lie ©*"•<£ %(. ta OC.©Se*5»*i»WEjc £ ® Jj»GS*5 ©#-*—.® ■'*- *
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«c ** 54» gi o»©

#.■»•#.© © a* w c • - » to * © « © a »•© a» © w tag

Week.

V m & J r o ......................

......

8 ,2 9 0
6 ,2 6 7

8 0 ,147
8 8 ,8 * 4
106,167

1 3 ,6 2 6
3,4 9 6 ;
792
52!
1,621;
1.362
2,2 1 6

3 1 0 .9 5 7
1 65,757
1 3 5 .0 0 3
1 3 ,6 5 7
9 9 ,1 3 8
7 7 .1 3 4
1 3 0 .5 6 6

448,704
2 0 1 ,8 2 0
1 3 ,450

Via B T a n t T l l l e . .. , . . . . . . . . . . . . . .
Vi» L o a te v iiie ................. ..................
VI* ( f ln e in n a ti.................................
V i* o th e r r o u te * , A c ...... ..............

"*!»0
2.4 7 5 ,
93 3
2,4 7 0 ;

T o ta l g ro s s o v e r la n d ..................
D educt i m m n o O v e rta n d t o S . Y „ B o s to n , A c ..
B e tw e e n i n t e r i o r t o w n s ........ ..
Inland, A c .,f r o m S o u th ..............

20,731;

945,981

2 3 ,1 6 1

9 6 2 ,8 1 2

7,352!
162
2.898!

2 4 3 ,7 3 0
2 1 .014
7 5 .5 8 3

8,931
210
563

1 9 5 ,1 8 2
2 1 ,2 5 8
4 9 ,0 8 9

T o ta l t o b e d e d u c te d ..................

0.9 1 2

3 4 0 ,3 2 7

9,7 1 3

2 6 5 ,5 2 9

L « * v l n e to ta l o e to v e r la n d * ..

! 0 .-2 2

605.654

13,151

6 9 7 ,2 8 3

Theforegoing shows that the week's net overland movement
this year has been 10,82*2 bales, against 13,454 bales for the
week in 1893, an d th a t for the season to date the aggregate net
overland exhibits a decrease from a vear ago of 91,020 bales.
1803-94.

55«V © « : © *4 - z*tc I £ 2 f | I -

S8SS3t r r J I S S l - ^ l I?

#* I
Z ......
’
^
“
i st
1»
| I®
©
® *«»
»st
»Mi&g
tmt : “y fjt% 1©
y y i " } ' r r s ;l» # ® s m « 4 9
! ?* v* :*J
r. ■
S i c i z s - j Vi V ® ■-,—*» < * K '.,3 > V f.V sV.>5.*»V.
4
W *» ~ s » 5 »
9 s o - c o « » v r i » e » c » B H -i* w 8 M > | P
* I f a l t v l i l e flm re * " n e t " In b o th r e a r s .
i T h is year’* flsnre* ctimated
; Of which 71.000 bates unaeid.
t .Last y e a r’s Ognre* are for S b e n riv n . T e x a s . W ee k 's « « * ... « fo r
Y a ro o C Ity l a s t y e a r : R ee e lp U , 481: s h ip m e n ts , 2 5 9 ; s to c k , 17.54*1.

: Sept. X.

S h ip p e d -

I n S ig h t a n d S p in n e r s ’
T a k in g s .
1#
P:
«
w
i ®
®© * IS© m -§«©—
• * * « « » to o
I
«*©©©*-.
©»*«ti*©©
____________________

1 8 9 2 -9 3 .

S in c e
Sept. 1.

R eceipt* a t p o rt* to M arch 0 .
N et o v e rla n d ttot M arch 9 ...............

W eek .

-b

Southern ooowunptlOB to Mch. 9.

1892-93,

Fine*
_
S ept. 1. j V u k ,

S in e t
B epL l .

0,057 J ,3 0 6 .7 7 0 i 5 3 ,5 7 5 4.4f»,BOO
1 0 .*22

15,000

60 5 ,6 5 4
4 4 6 ,0 0 0

13,451
16,0001

6 9 7 ,2 8 3
4 3 0 ,0 0 0

T o ta l m a r k e t e d . . . . . ..............
9 5 ,8 7 3 0 ,3 5 8 ,4 3 3 9 5 ,0 2 0 5 ,5 3 7 ,2 4 9
2 4 5 ,9 4 3 * 1 4 ,0 4 0 , 2 9 0 ,4 0 4
In te r io r B tocke in e x c e s * ................ ’ 2 1 ,0 2 9

70,944
T o ta l In s ig h t M arch 9 . . . . . . . .
N o rth ’n s p in n e r s t a k ’g s to Mote .0.1
* D e c re a s e d u rin g w e ek .

0.604,373

. . . . . . 1,105,457

70,988

5,827,653

. . . . . . 1,367,109*

The above totals show that the interior stocks have Amrm-tcd
daring the week 24,929 balm and are now 96,9*37 bales lem than
It will be seen by the above that there has come into sight
at same period last year. The receipts at all the towns h a v e during the week 70,oil bales, against 70,988 bales for tho
oe«*o 1,803 bales m o r e than same week last year and since same week of 1893, and that tbe increase in amount in sight
Sept, 1 are 338,799 bales m o r e than for same time in 1892-93,
to-night as compared with last year Is 770,723 bales.

438
-W ea ther R eports by

THE CHRONICLE.
''
-----------T e l e g r a ph .—Reports to

[V ol. LVIII.

--------

us by tele,
graph this evening indicate that the weather has on the
whole been quite favorable during the week, and that in
consequence preparations for the next crop are now progress
ing well. The temperature has been much higher generally,
and in the greater portion of the South the rainfall has been
light.
Galveston, Texas,—There has been rain on one day of the
week, the rainfall being twenty hundredths of an inch.
Average thermometer 62, highest 72 and lowest 52.
Palestine, Texas.—We have had rain on four days of the
week, to the extent of ninety-three hundredths of an inch_
The thermometer has averaged 60, the highest being 73 and
the lowest 47.
Huntsville, Texas.—W e have had rain on two days of the
past week, the precipitation reaching eighty-nine hundredths
of an inch. The thermometer has averaged 64, ranging from
00 to 77.
Dallas, Texas.—We have had heavy rain on two days of the
past week, to the extent of one inch and twenty-six hun'
dredths. The thermometer has ranged from 41 to 77, averag
ing 59.
San Antonio, le xa s.—There has been light rain on three
days of the week, the rainfall beiDg forty-four hundredths of
an inch. Average thermometer 66, highest 82 and lowest 50.
Lmling, Texas.—Rain has fallen on two days of the week,
to the extent of thirty hundredths of an inch. The ther
mometer has averaged 62, the highest being 78 and the low
est 46.
Columbia, lexa s.—It has rained on two days of the week,
the precipitation reaching fifty-one hundredths of an inch.
The thermometer has averaged 61, ranging from 46 to 76.
Cuero. Texas.—W e have had rain on one day during the
week, the precipitation reaching twenty-six hundredths of an
inch. The thermometer has ranged from 43 to 77, averag
ing 60.
Brenham, Texas.—It has rained on two days of the week,
the rainfall reaching eighty-six hundredths of an inch. Av
erage thermometer 62, highest 77, lowest 47,
Belton, Texas.—There has been ligfit rain on three days of
the week, the precipitation being fifty-five hundredths of an
inch. The thermometer has averaged 60, the highest being
78 and the lowest 43.
Fort W orth, le x a s.—It has rained on two days of the week,
the rainfall reaching sixty hundredths of an inch. The ther
mometer has averaged 62, ranging from 46 to 77.
Weatherford, Texas.—Rain has fallen on two days of the
week to the extent of fifty-eight hundredths of an inch. The
thermometer has ranged from 44 to 78, averaging 61.
New Orleans, Louisiana.—We have had rain on four days
during the past week, the rainfall being one inch and twentyseven hundredths. Average thermometer 62.
Shreveport, Louisiana.—Rain has fallen on two days of the
week, the precipitation reaching one inch and fifty-three hun
dredths. The thermometer has averaged 62, the highest being
75 and the lowest 44.
Columbus, M ississippi.—The weather has been favorable for
farm work. It has rained on one day of the past week, the
rainfall reaching ninety-seven hundredths of an inch. The
thermometer has ranged from 40 to 78, averaging 55.
Leland, Mississippi.—Rainfall for the week two inches and
forty-two hundredths. Average thermometer 59’9, high
est 75 and lowest 43.
I/ittle Rock, Arkansas.—Telegram not received.
Helena, Arkansas.—The weather has been excellent latterly
and farmers are going ahead with their work. There has been
heavy rain on one day of the week, the precipitation reach
ing two inches and fifty-two hundredths. The thermometer
has ranged from 42 to 72, averaging 57.
Memphis, Tennessee.—It has rained on two days of the past
week, the rainfall reaching two inches and twenty-eight
hundredths, but the weather is now clear and springlike.
Average thermometer 60-7, highest 73’8, lowest 43'9.
Nashville, Tennessee.—There has been rain on two days of
the week, the precipitation reaching fifty-on-) hundredths of
an inch. The thermometer has averaged 56, the highest being
74 and the lowest 39.
Mobile, Alabama.—It has rained on three days of the week,
the precipitation reaching one inch and sixty hundredths.
The thermometer has averaged 60, ranging from 45 to 70,
Montgomery, Alabama.—Rainfall for the week eighteen
hundredths of an inch, on two days. The thermometer has
ranged from 50 to 71, averaging 61.
Selma, Alabama.—We have had rain on two days during
the week, the precipitation being twenty-five hundredths of
an inch. Average thermometer 58, highest 75, lowest 42.
Madison, Florida.—Telegram not received.
Columbus, Georgia, —Rain has fallen on two days of the
week, th 3precipitation reaching eighty-four hundredths of
an inch. The thermometer has averaged 58, ranging from 41
to 69.
Savannah, Georgia.—We have had rain on two days the
past week, to the extent of three hundredths of an inch. The
thermometer has ranged from 46 to 77, averaging 62.
Augusta, Georgia.—Preparations for planting are making
good headway. The weather has been clear and pleasant

during the week, with a trace of rain on one day. Average
thermometer 59, highest 76, lowest 35.
Charleston, South Carolina.—It has rained on three days of
the week, the rainfall reaching eleventh hundredths of an
inch. The thermometer has averaged 60, the highest being
78 and the lowest 44.
Stateburg, South Carolina.—It rained on one day early in
the week, the precipitation reaching thirty-six hundredths of
an inch. The thermometer has averaged 56‘7 , ranging from
39 to 73.
Wilson, North Carolina.—The weather has been dry all the
week. The thermometer has ranged from 30 to 74, averag
ing 56.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o’clock March 8, 1894, and March 9, 1893.
M ch. 8, ’94.
Feet.
13*2
16-8
16*6
17-6
34-9

N ew O r le a n s ..
M e m p h is ..........
N a sliv ille ..........
S h r e v e p o r t___
V ic k s b u r g ........
I n d ia O o t t o n M o v e m e n t p r o m

all

M ch. 9, ’93.
Feet.
13-6
30-6
14-4
16*0
41*7

F o r t s .— T h e re c e ip ts

and «mpments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to March 8.
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
S h ip m e n ts s in c e S ep t. 1.

S h ip m e n ts th is w eek.

fe a r G reat C o n ti
G reat
B r it’n . n e n t. T o ta l. B r ita in
’93-4
’92-3
’91-2
’90-1

8,0 0 0 2 1 ,000 2 9 .0 0 0
9 ,0 0 0 9 ,0 0 0
3 3 .0 0 0 3 3 .000
3 2 .0 0 0 3 2 .0 0 0

2 8 ,0 0 0
1 0 ,000
1 5 .0 0 0
2 7 .0 0 0

R eceipts.

C o n ti
n e n t.

T o ta l.

T h is
W eek.

2 8 0 ,0 0 0
2 5 9 .0 0 0
1 9 1 .0 0 0
3 0 6 .0 0 0

3 0 8 .0 0 0
2 6 9 .0 0 0
2 0 6 .0 0 0
3 3 3 ,0 0 0

7 0 .0 0 0
4 0 .0 0 0
5 6 .0 0 0
9 9 .0 0 0

S ince
Sept. 1.
81 8 ,0 0 0
6 3 0 .0 0 0
56 5 .0 0 0
9 6 4 .0 0 0

According to the foregoing Bombay appears to show
an increase compared with last year in the week’s receipts of
30,000 bales and an increase in shipments of 20,000 bales, and
the shipments since Sept. 1 show an increase of 39,000 bales.
The movement at Calcutta, Madras, and other India ports U r
the last reported week and since the 1st of September, for two
years, has been as follows. “ Other ports” cover Ceylon,
Tuticorin. Kurrachee and Coconada.
S h ip m e n ts fo r th e w eek.
G reat
B r ita in .
C a lo a tta —
1 8 9 3 -9 4 ...
1892- 9 3 ... ..........
M ad ras—
18939 4 ...
1892- 9 3 ...
All o th e r s —
18939 4 ...
..........
1 8 9 2 9 3 ...
T o tal a ll—
1 8 9 3 -9 4 ...
1 8 9 2 -9 3 ...

C o n ti
n e n t.

S h ip m e n ts sin ce S ep t. 1.

Total.

G reat
B r ita in .

C o n tin en t.

Total.

4 ,0 0 0

4 ,0 0 0

6 ,0 0 0
4 ,0 0 0

1 3 .0 0 0
1 4 .0 0 0

1 9 .0 0 0
1 8 .000

1,000

1 ,0 0 0

2 3 .0 0 0
1 3 .0 0 0

1 6 .0 0 0
7 ,0 0 0

3 9 .0 0 0
2 0 .0 0 0

1,000

1 ,0 0 0

2 2 .0 0 0
2 1 ,0 0 0

3 0 .0 0 0
2 9 .0 0 0

5 2 .0 0 0
5 0 .0 0 0

5 .0 0 0
1.000

5.0 0 0
1.0 0 0

5 1 .000
3 8 .0 0 0

5 9 .0 0 0
5 0 .0 0 0

1 1 0 ,0 0 0
88,000

The above totals for the week show that the movement from
the ports other than Bombay is 4,000 bales more than the same
week last year. For the whole of India, therefore, the total
shipments since September 1, 1893, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE FROM ALL INDIA.
1893-94.
S h ip m e n ts
E urope
fr o m —

T h is
m eek.

S in c e
S e p t. 1.

B om bay.............
U lo th e rp o rts .

2 9 ,0 0 0
5 ,0 0 0

3 0 8 .0 0 0
1 1 0 .0 0 0

T o t a l ...........

3 4 ,0 0 0

4 1 8 ,0 0 0

io a ll

1 8 92-93.
T h is
m eek.

1891-92.

S in c e
S ep t. 1.

T h is
m eek.

Since
Sept. 1.

9 .0 0 0
1 .0 0 0

2 6 9 ,0 0 0
8 8 ,0 0 0

3 3 ,0 0 0
3,0 0 0

2 06,000
1 15,000

1 0 ,0 0 0

3 5 7 ,0 0 0

3 6 ,0 0 0

3 21,000

A l e x a n d r i a R e c e i p t s a n d S h i p m e n t s .— Through

arrange
ments we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
»re the receipts and shipments for the past week and for the
Borresponding week of the previous two years.
A le x a n d r ia , E g y p t,
M arch 7.
B eoelpts (o a n ta rs * )___
T h is w e e k ___
S in c e S e p t. 1 .

1893-94.

1 8 9 2 -9 3 .

1891-92

8 0 ,0 0 0
4 ,2 6 1 ,0 0 0

5 0 ,0 0 0
4 ,9 6 0 ,0 0 0

6 5 ,00 0
4 ,3 8 9 ,0 0 0

T h is
S in c e
m eek. S ep t. 1.

S in c e
T h is
m eek. 8ept. 1.

Since
T h is
m eek. Sept. 1.

E x p o rts (b a le s)—
To L iv e r p o o l.............. 1 2 ,0 0 0 2 5 1 .0 0 0 1 0 ,0 0 0 27 8 .0 0 0 6 ,0 0 0 2 75.000
To C o n tin e n t.............. 6 ,0 0 0 1 78.000 1 0 ,000 197.000 1 0 ,000 152.000
T o t a l E u r o p e .......... 1 8 ,0 0 0 4 2 9 ,0 0 » 2 0 ,0 0 0 1 75,000 1 6 ,0 0 0 4 2 7 .0 0 0
* A c a n t a r is 98 p o u n d s.

This statement shows that the receipts for the week ending
Mch. 7 were 80,000 cantars and the shipments to all Europe
18,000 bales.
M a n c h e s t e r M a r k e t . —Our report received by cable to-night
from Manchester states that the market is firm for yarns and
quiet for sheetings. Stocks of yarn are decreasing. We give
the prices for to-day below and leave those for previous weeks
of this and last year for comparison:

THE CHRONICLE.

March 10, 1894. |

——

1893.

1894.

439

... ..... ............................................................ .————
J u t e B u t t s , B a g g i n g , & c .— The dem and for

----------- .as

ju te bagging
has been very limited during the week under review, b ut the
tone is fairly f irm a ta tje ., for \ % lbs., 5%c. fo r2 lbs. and 6k<c.
forstandard grades in a jobbing way. Standard brands in car
a. d.
a.
a. * a
a. s. a.
load lots are still quoted at 5c. for \ % lbs., oj jc. for 2 lbs. and
a.
a
5 10% 0 7 5% 5% 8 6o, for 2!.i lbs. f. o. b. at New York. The m arket for ju te
4% 3% 0 9
07 6
Felt. 2 69.e 3 7 i0 5
3 1 0 % 3 7 5% 4 ■’i
** 9.6% » 7 % 5 5 0 7 4% | 4% S% 0 9
butts is dull at l 5je. for paper grades and
for bagging
4% 3% ®9 5 1 0 -. 0 7 4%
1 6 6 7 ,8 » 7 % 5 M
4 %M
» 7I a
5 1 0 % 0 7 1% & !• quality.
4%« 3% 09
23:6% 0 7 % 5 33%
%A
»7 3
5 10% 0 7 5
Mob.2 6 % 0 7 % 5 3 % 9 7 3
4'1m 3% 0 9
4 3 la 6% 0 9
5 1 0 % O 7 5% f&
9*6% 0 7 % 5 3 0 7 2
T h e E x p o r t s o f C o t t o n from New York th is week show a
S e a I n l a n d C o t t o n M o v e m e n t . —We have received this deorease compared w ith last week, the total reaching 13,803
bales,
ag ain st 13,501 bales last week. Below w e give our
(Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week. The usual table, show ing th e exports of cotton from New York,
receipts for the week ending to-night (March 9) and since and the direction, for each of th e last four weeks; also the
Sept. 1, 1893, the stocks to-night, and the same items for the total exports and direction since Sept. 1,1893, an d in th e la st
column the to ta l for the sam e period of th e previous year,
corresDonding periods of 1892-93. are as follows.
32* Oop.
T w itt,

O o tfn
M id.
trpl(U

S H «>*.
B M rtin g t.

1 8 9 2 -9 3 .

18 9 3 -9 4 .
R eceipts to M areh 9.

Oolt’r
M id
Upio

8% lbs.
S h ir tin g s .

32* Oop.
Ttvist.

W eek E n d i n g —

Since
T h ix i S ince
TftU
week. Sept. 1. mask. 'Sept. l . 1894.

S a v a n n a h ..
C h a r le s to n ..
F lo rid a , t o .

242
54

5 3 ,3 7 8
1.9 1 9
3,4 1 1

T o ta l..

296

5 8 ,7 0 8

2 1 4 31,711
15: 5,8 9 5
........
3.4 9 5
229

EXPORTSOF COTTON {RALES) PROM NEW YOBS SINCE SBPT. 1, 1893.

Stock.
1893.

7,4 7 7 10 ,5 2 6
7 1 3 1.310
2 ,0 4 6
354

Week E n d in g Meh. 9.

S in c e Sept. 1 ,1 8 9 3 .

S o r lh ’n M ills.

G reat i'r'n c e
G reat F r’nce
lo ta l. B r i f n .
Total.
S r it’n . etc.
4c.

SavsB E A h...
C h a rrfT u A v
F lo rid * . A c,
N ew Y o rk ..
B o sto n ___
B a l tim o r e ..

2 2 ,9 3 2
388
125
Too

T o t a l ____

Too

I:l? 4

o t h e r B r itis h p o r ts ..

41,101 1 0 ,2 3 6 12,190

The exports for the week ending this evening reich a total
of 100 bales, of which 100 bales were to Great Britain, —
to France and — to Reval, and the am ount forwarded to
Northern mills has been 385 bales. Below are the exports for
the week and since September 1 in 1893-94 and 1893-93.
Export*
fr o m —

Exported, to—

S ince
Week. S e p t.l.

331 13,939
1,776 2 4 ,7 0 8 |
17
403 .......... 1 .0 5 9
125
54 2 ,9 8 1
4 ,5 4 5 ..........
iT n
2.4 7 4 ..........

100; ..........

100 28,691

3,5 6 4 3 2 ,2 5 5

392

412 11.960

1.432 13,392! 1,3*8 17,420

\ Feb.
16.

Feb.
23.

12,590 1 3 ,5 1 9
2 ,0 1 2 1,174
|l4 ,6 0 2 1 4 ,693

H a v r e .. . .....................
o th e r F re n c h p o rts .

7 39

261

Sam e
p e r io d
p r e v io u s
y ea r.

M arch' M arch
2. | 9.

Totai
since
Sept. 1.

8 ,3 2 0
1,085

9 ,7 6 2
4 85

2 4 9 ,3 3 3
7 7 ,6 5 8

2 1 1 ,2 2 4
5 1 ,011

9,4 0 5 1 0 ,2 4 7

3 26,991

2 6 2 ,2 3 5

13,429

1 3 ,5 6 7

39

3 00

F r e n c h ___

73 9

261

89

3 00

13,429

1 3 ,5 6 7

S r e m e n .........................
H a m b u rg ......................
T th e r p o r t* ..................

665
225
1,800

413
650
1.760

100
2 37
2.3 2 2

94
1,238
864

3 1 .0 1 0
13,934
6 9 ,7 7 0

1 8 ,8 1 6
5 ,6 0 1
3 5 ,3 1 2

Tot.ro No. E urope
main, Italy
U! other...

2 ,8 9 0

2 ,8 2 3

3 ,1 5 9

2 ,1 9 6

1 1 1 .7 1 1

5 9 ,789

300:
300

509

2 7 ,3 8 9
1,130

13,711
561

T o t a l S p a i n , A c ..

600

509

total

20

" 8m48b '"

460

2 8 .8 1 9

1 1 ,272

» rak » T o t a l . . . . 1 8 .6 3 ? l i h 2 8 6 I M M 13~203

4 3 3 ,9 5 3

3 4 9 ,8 6 3

3 8 5 17,879

A verages of T f. mfkbature and R ainfall . —As of inter
est in connection with our m onthly w eather record, we have
A considerable portion of the Sea Island cotton shipped to prepared the subjoined tallies, which show the State averages
foreign ports goes via New York, and some small am ounts via of thermometer and rainfall in November, December, January
Boston and Baltimore. Instead of including this cotton for and February for six years, 1888-89 to 1898-94, inclusive.
the week in which it leaves the Southern outporte, we follow
the same plan as in our regular table of including it when
actually exported from New York, & v . The details of the
shipments of Sea Island cotton for the week will be found
under the head “ Shipping News," on a subsequent page.
Quotations March 9 at Savannah for Floridan, common,
13c.; medium fine, 15(£c.; choice, ll-Qc.
Charleston, Garolinas, medium hue. 29 to 2Sc.: fine, 30 to
: 85c.; extra fine, 40 to 50c., all nominal.
D o m e s t i c E x p o r t s o f Co t t o n M a n u f a c t u r e s . — 1
T hrough
the courtesy of Mr. W. G. Ford, Chief of the Bureau of
Statistics, we have received this week a statem ent showing the
exports of domestic cotton manufactures for January and for
the seven months ended Jan. 81, 1894, with like figures for the
corresponding period* of the previous year, and give them
below i
T o t. 1892-93

20

Qvanw.it*of Macmfocturaa) Cot. MatUh tn d in j J a u , f l .
ton {rotor*! anA n t a t o n A
s r u r ts ilto —

uw.

7 mat, #n.4*n$ Jam. 81.
mm.

m u m i $ jm jm
.n jm l

W asc o ..,*
O e a tn d

...... ....

Ammima 8t*i— mn4

8.©?»,78*

-

47%j m

S80J6Si

_ m itU h U rm 4n.rm..

u jm \

IMIM&

mm;

.

5

i a i &m o :

o f Colombia .,
in 8* Am * r\m

IM 0M m

. . . » ................

j m . P om et’im in A n u tm lm t*
B m tln d im
Qth#r m w m r im I© a sim mmS
Q m m m m ..,,.,... . . .. .. .. .. .. .
A tr tm .............. .
....
0%kmo o c n tm * ..... . . . . . . . . . .

■mjmr.

M ao.m
» tm

. Rko__ __
iMmlniro.
W m t finalm ...

. 88Mf of OolenUft.,

o&wmtf'tm in So. km m usm ....
" pmmtomtom in A®*£mlmtm
m n n tr im 1© A d » m.4

T o U i^ v d M

im m

m

7m

*M \
B
A11
hai«
%m\
%7m\

MS5f

at « U w r a a a a f t *

Mmammm » * le # o f * » t cotton m d a

tm m m
%mo\

tta a y s e
I t . 5? 4.015

400,4.-*

ix m \

tm jm i

. . . . . . ,.i

5.1 m j m t ,

$.115 540 118,083^4
pm m l

.... m i

m
:

81$su ittm w ;
,m sm W ill

M jm
SAW

f ......................... .

mwfcrfitt to Korop#......... 1
^ Jforih Ammrtern,.,.______
A I»]'A aw iriM

tpistw
mmm
*m m
mmmm
sA jm l
■ *1tTBOumi

TSB4 t?|

o f olM r Mmwfact-wrm ©/{
. Mrm m ym tgti fo—
Kin$4 on....... .
J

tm M m

iw M f 3U««J8«t

WJ84

Tot©] j*r4* o f *&*•»▼«...
Total
n m o f *&*:>**..

9M*«t

uw>

mmu
%*MM »i

mmb
it

;
n jr v
m m \
wH,wm-

x m .n o
im jm
im m o

%j94»Mh
MJXSTMt
$,srn»,m3
mm,am
i$ t.m
ta m jm
aM u m
t j mfi To
IfltOQBJBM
l?t\ .475

t

4 M \jm
W

on
fltomi
m jm
3,3#H
mMm
$15,-17
64,913

$o.437

MM
:C-iT

84,344
»

4.405

5A„H0a:

8.1415

m .m i:
u ,m :

46.734
80.JO1
2 7 ,m
43^55

UM\
um

im r m \

143.700

815

7,94-5;

7.873

m um

* 1 5 5 1 .» W ;

W*y
xm
UM*
i Am
mm

5.312!

44*117
4,176

m m

12.412

•6 .7 7 9 262

t # ” Tho w o rd s •*f a i l M ©fid “ tfood,” aboy© m e a n ta a c th e ag»rei?at©
Ir a n fo r th e r e a r w a s fu ll o r erood.
* f ig u r e s fo r J a n u a r y a n d F e b ru a ry a r e fo r y e a r s 1894, 1 8 9 3 ,1892y
1891. 1890 a n d 1889.

THE CHRONICLE.

440
T h e r a in f a ll a v e r a g e s a r e a s fo llo w s ;
November.
Rainfall Averages.
N'hth Ca r o l in a .
1898......................
1802 (bood)...........
1891 (full).............
1890 (full).............
1889(Rood)...........
1888(good)...........
South Ca r o l in a .
1893......................
1892(good)...........
1891 (full).............
1890 (full).............
18S9(good)...........
1888(good)...........
G eorgia .
1893.......................
1892(good)...........
1891 (full).............
1890 (full).............
1889 (good)...........
1888 (good)...........
•Flo rida .
1893.......................
1892 (g o o d )........
1891 (full).............
1890 (full.).............
1&S9(good)...........
1888 (good)...........
A labam a .
1892 (good)!.* .‘ .’ I!!!
1891 (full)........ .
1890 (full).............
1880(good)..........
1888(good)...........
L o u isia n a .
1893
....
1892 (good)...........
1891 (full.i.............
: 1890 (full).............
1889 (good)...........
188S (good)...........
Mi s s i s s i p p i .
1S93.......................
1830 (full).............
18S9(good)..........
188b (good)...........
ARKANSAS.
1893
.........
13 jz (good)...........
1891 (full).............
1890 (full).............
1889(good)...........
1888(good)...........
T e n n e sse e .
1 8 9 3 ....................
1892 (go o d )........
-4891 (full).............
1890 (ru 11).............
1889(good)...........
1888(good)...........
T exa s .
1893
.........
1892(good)...........
1891 (full).............
1890 (full).............
1889 (good)...........
1888 (good)...........

1?n(n- Days
fall. rain.

December.

January.*

Rain Dags . Rain Days
fall. rain.
fall. rain.
11
0
12
10
OK
10

4*33
5*43
3*23
4*02
3*51
3*04

11
13fe
nK
13K
I 0x
7

2*91
2*20
1 702
2*81
1*08
5*72

11
6
12,
9
3
10

4*84
5*08
4*0»
2*59
1*01
4*80

12
14K
10
13
oK

10
n
10
8
12

0*79
5*04
2*99
5'f*0
3*08
5*61

13
ux
i»X
8
8X

2*34
2*19
3*60
1*83
0*44
7*77

7
10
0
6H
4Vf
13

4*45
3*67
1*04
1*23
1*44
4*13

10K
ax
8K
8
5K
11

5*69
2*4.8
1«*82
5*80
1*89
6*94

11
&K
10k
ll
8
la x

8*22
5*41
3*14
8*59
9*09
414

18
10
!,X
15
8
10

4*82
1*91
5*05
9*04
3*55
5*33

0X
4k
7
10
9
MX

6*03
305
3*13
032
3*80
1*89

12K
9
OK
0
0
7

5*50
3-15
5*49
0*80
4*55
4*29

8k
3
7
13V6
8X

0*01
4*43
3*14
6 36
7*02
2*24

11
7
4M
11*
7
5

3*39
1*40
3*08
0*27
7*53
6*10

8
2K
8
10
12
12

6*54
4*21
3*08
3*91
7*35
1*92

UK
10
0k,

11

8
6
8

4*82
1*02
2*90
0*18
8*27
4*76

11
0
9
12
13
11

8*70
5 01
2*o0
6*36
9 63
2*29

12
1L
7K
15
12
7X

4
9
9
4K
3
9

2*54
0*03
2*69
7*30
3*30
5*95

IK
4
7K
13
10
12k

2*53
0*80
2*0L
2*22
2*80
3*40

8^

9
S
8^
2
8
9

3*20
2*68
1*88
2 95
1*30
3*45

8 |
9 I
10
8
21
7X

1*83
1-98
2‘33
0*03
4‘09
3‘23

5 '
8
8
4
6
8

3*15
2*55
2*04
1*40
0*05
3*41

7
9
10
5

1*75
2‘64
2‘80
0*29
4‘91
4‘i8

5
7
7
3
SX
ax

2*01
3*30
3*41
2*H1
050
3*80

0

OK
OK
2K
5

2*89
2*63
7*38
4*56
2*04
7*09

2*48
O‘90
2*13
2‘36
1‘HO
6‘38

8
5
«x
8
0
MX

3*38
373
2 83
1*03
0*01
4*89

7_
9
12
5
l
0

2-71
8*23
5‘23
0‘18
6*30
3*G9

6X
V*
7
2
9
7

2 83
5*10
5*53
2*29
0*53
3*11

8
10
OK
3H

6*01
4*03
5*68
3*80
5*33
2*9y

'iH

9
7X

3X
9

1*94
5*63
5*53
2*10
1*69
4*70

17
7
8
4
3
8

4*38 '
3*68
6*12
1*77
4*58
3*27

6
8
7
3
8
7X

3*98
5*92
4*57
3*57
0*80
3*48

O
K
9
OK

3*70
5*43
5*49
4*60
7*32
6*70

5X
10
11
7
13
11

2*05
8*30
5*67
3*26
0*50
4*50

7X
11

2*95
4*96
5*70
2*39
6*rt7
4*59

5
10
8
6
14
11

3*33
7*03
4*85
3*02

4*19
3*60
2*43
2*34
4*12
4*43

7X
7
0
5
6
9X

roi
ru

5*28
4*81
1*59
0*12
3*48

Rain Days
fall. rain.

3*09
8*75
0*47
4*07
1-34
0*SO

2*67
2*42
3*01
0*23
3*>5
3-ep

2*02

February.*

9

8

UK

7'A

5K
1
5X

lox
7
4K
6
7

16

ok

7K

12
7

ok

7
5
5
8

rvoL.

l v iii,

Shipping N ews .—The exports of cotton from the United
States the past week, as per latest mail returns, have reached
114,343 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph and published in
the Chronicle last Friday. With regard to New York we
include the manifests of all vessels cleared up to Thursday.
T otal bales.
N e w Y o r k —T o L iv e rp o o l, p e r s te a m e rs A u ra n ia , 2 ,0 1 2 ........
C e v io .7 ,5 5 7 ___O lb e rs, 1 9 3 ............................................................... 9 ,7 6 2
To H u ll, p e r s te a m e r G a lile o , 4 8 5 .....................................................
485
T o H a v re , p e r s te a m e r L a B o u rg o g n e , 3 0 0 ....................... .
_
300
T o B re m e n , p e r s te a m e r S a a le , 9 4 ....................................................
94
T o H a m b u rg , p e r s te a m e rs D a n ia , 5 0 0 .. M o ra v ia , 7 3 8 ........ 1,238
To A n tw e rp , p e r s te a m e r W a e s la u d , 5 6 3 ......................................
5 63
T o C h ris tia n a , p e r s te a m e r N orge (a d d itio n a l), 3 0 1 .................
301
To G e n o a, p e r s te a m e r F u ld a . 4 6 0 ..................................................
460
Ne w O r l e a n s —T o L iv erp o o l, p e r s te a m e rs G o v e rn o r, 5 2 0 0 ___
n v e n to r, 5 ,0 5 0 ........ M ex ic a n , 9 ,1 0 0 .........V e sta , 5 ,6 0 0 ........
Y u c a ta n , 5 ,5 9 0 ................................................................................— 3 0 ,5 4 0
To BrerneD , p e r s te a m e rs A b a n a , 5 ,1 0 0 ...N o rs e K in g , 5 .3 2 0 1 0 ,4 2 0
T o A bo, p e r b a rk F ra n c is c o , 1 ,0 0 0 ...................................................
1,0 0 0
To M alm o, p e r b a r k F ra n o is o o , 1 ,3 0 0 .............................................. 1,3 0 0
6,451
Ga l v est o n —T o H a v re , n e r s te a m e r Ft. C le ars, 6 ,4 5 1 ............. —
To N a rv a , p e r D ark P r a e s id e n t. 2 .3 2 5 .............................................
2 ,3 2 5
Vela b c o —T o B re m e n , p e r s te a m e r S a lta n . 2 8 1 .................................
281
To H a m b u rg , p e r s te a m e r S u lta n , 4 1 9 ............................................
419
S a v a n n a h —T o S t. P e te rs b u rg , p e r b a rk s E ie k tr a , 2 .0 0 0 ........
L u d w ig H o lb e rg , 3 , 1 2 5 ............................... ...................
.......... 5,125
Br u n s w ic k —T o L iv erp o o l, p e r s te a m e r C ra tlio rn e , 3 ,5 7 0 . . . . .
3 ,5 7 0
Ch a r l e st o n —T o 8 t. P e te rs b u rg , p e r b a rk C a rste n R >e. 2 ,6 2 5 .. 2 ,6 2 5
Wil m in g t o n —T o Q u e e n sto w n , p e r b a rk A n n a S c h w a lb e, 3 ,2 8 1 . 3,2 8 1
To B re m e n , p a r s te a m e r B eriw iok, 9 .1 9 0 .................. ....................
9 ,1 9 0
6 ,9 0 0
N o r f o l k —To L iv e rp o o l, p e r s te a m e r H u ro a a , 6 ,9 0 0 .................
To H a m b u rg , p e r s te a m e r D riffield, 4 0 0 . . . ........ ........................
400
N e w p o r t N e w s —T o L iv e rp o o l, p e r s te a m e r K iu a w in , 2 ,1 1 7 .. 2 ,1 1 7
B osto n —T o L iv erp o o l, p e r s te a m e rs A n g lo m a n , 2,5 74 u p la n d
a n d 3 0 0 S e a I s l a u i ___P h ila d e lp h ia n , 4 ,5 0 7 ...............R o m a n ,
1,3 2 8 u p la n d a n d 1,231 S ea I s la n d ...S a g a m o r e . 1 ,7 3 1 ... 1 1 ,6 7 1
B a l t im o r e —To L iv erp o o l, p e r s te a m e r R o ssm o re, 1,236 ............
1 ,2 3 6
50
To H a m b u rg , p e r s te a m e r S c u b b e n h u k , 5 0 ..................... ............
P h il a d e l p h ia —To L iv erp o o l, p e r s te a m e r S o u th w a rk , 2 ,2 3 8 ...
2 ,2 3 8
T o ta l................................................................................................................1 1 4 ,3 4 2

The particulars of these shipments, arranged in our usui 1
form, are as follows:
H u ll it
B r e m e n A n tw ’p
<£ Earn- & C hristL iv e r Q ueens
pool.
tow n. H avre. b urg. ia n a . R u s s ia . G enoa.
4 85
864
New Y o rk . 9,7 6 2
3 0 0 1,332
4 60
___ 1 0 ,420
2,300
N. O rle a n s. 3 0 ,5 4 0
___
_
_
_
_
_
_
6,451
2,3 2 5
G alv esto n ..
___
. __ ___ 700 ___
__
V elasco—
___
___
___
8 a v a n n a h ..
5,1 2 5
B ru n sw ick
3 ,5 7 0 ____ _____ ___
. . . . . . . . . . . . _. . .
C h arle sto n .
2,6 2 5
___
___
9 ,1 9 0
W ilm ingt’n
3,281
_
__
___
6 ,9 0 0
40 0 ___
N o rfo lk . .. .
___ ___ ___
N ’p ’t N ew s 2 ,1 1 7
__
__
___
B oston........ 1 1 ,671
-i -«
5 0 ____ ___
1,236 ____ T
B altim ore..
P h ila d e l’a.. 2,2 3 8 .......... .......... .......... . . . . . . .......... ..........
T o t a l . . . . 6 8 ,0 3 4

3 ,7 6 6

6 ,7 5 1 2 2 ,0 9 2

8 6 4 12,375

Total.
1 3 .2 0 3
4 3 .2 6 0
8 ,7 7 6
7 00
5,1 2 5
3 ,5 7 0
2 ,6 2 5
1 2 ,4 7 1
7 ,3 0 0
2 ,1 1 7
1 1 ,6 7 1
1.286
2 ,2 3 8

4 6 0 1 1 4 ,3 4 2

F all River Mill D ividends.—Thirty of the cotton-manu
Below w e add the clearances this week of vessels carrying
facturing corporations in Fall River have declared dividends ootton from United States ports, bringing our data down to
during the quarter ended March 1, and a comparison with the the latest dates:
similar period of 1893 is given below. The exhibit is not so G a l v e s t o n -T o L iv e r p o o l- M a r c h 4 —S te a m e r B irc h fle ld , 6 ,1 5 1 ........
arch 6 —S te a m e r Id a , 3,964.
favorable as that for last year, most of the mills showing a N e w M
O rleans —T o L iv e r o o o l- M a r c h 7 - S t e a m e r T ra v e lle r, 6 ,3 5 0 ___
M a rc h 9 —S te a m e r F lo rid ia n , 6 .3 6 0 .
decreased ratio of distribution, but the amount paid out in
T o L o n d o n —M a rc h 7—S te a m e r C ayo R o m a n o , 325.
dividends in the first quarter of the year has been greater
To H a v re - M a rc h 2 - S te a m e r P e v e ril, 5,9 5 9 ...M a r c h 5 - S te a m e r
C a n a ria s , 6 ,8 1 9 ---- M arch 7 —S te a m e r E fo lia , 6,909.
than for the like period of either 1893 or 1891. The aggregate
To B re m e n —M arch 6 —S te a m e rs E g y p tia n P r in c e . 3,814; G le n o ch ll,
amount paid out has been §309,850, or an average of i '62 per
1,943.
To H a m b u rg —M a rc h 5 - S t e a m e r C rem o n , 1,500.
cent on the capital. In 1893 the average dividend was 3-34
To G e n o a —M arch 3 - S te a m e r P o r tu g u e s e P rin o e, 5 ,2 6 0 .
per cent, in 1893 was 1 55 per cent, in 1891 was 1-30 per cent, B r u n sw ic k —To B r e m e n - M a r c h 9 - S te a m e r T y n e h e a d . 3,350.
N o rfol k —To L iv e rp o o l—M arch 9 —S te a m e r G e ro n a , 6,021.
in 1890 was 2-11 per cent and in 1889 reached 3-58 per cent. Boston —To L iv e r p o o l- F e b . 2 6 —S te a m e r P a v o n ia , 3 ,0 4 5 ___F e b . 2 7 S te a m e r L a n c a s tr ia n . 4 ,2 4 8 ___M a rc h 2 —S te a m e r S achem , 2 .6 5 1
It will be noticed that eleven mills have maintained the ratio
u p la n d a n d 1 00 S e a I s la n d ___M a rc h 5 - S t e a m e r K a n sa s, 3 ,4 9 0 .
of last year. The Cornell Mills and Sanford Spinning Co. B a l t im o r e —To L iv e rp o o l—F e b . 2 6 - S te a m e r B a ltim o re , 318 ...M a r c h
2 —S te a m e r T einplem ore, 1,976.
did not begin payment of dividends until the closing quarter
To H a v re - M a r c h 8 —S te a m e r N e rito , 1,200.
To B r e m e n - F e b . 2 8 —S te a m e r D a rm s ta d t, 2 ,8 9 9 ........M a rc h 7 —
■of 1893.

S te a m e r W eim ar, 4,0 3 5 .
To A n tw e r p - F e b . 28 - S te a m e r O tra n to , 400.
Dividends 1894. Dividends ,1893. Increase P h il a d e l p h ia - T o A n tw e r p —M arch 6 - S te a m e r S w itz e rla n d , 1 0 0 .
Corporations .
Capital.
or
P. C. Amount. P. C. Amount. Decrease
Cotton freights the past week have been as follows:
American Linen Co...........
§800,000
§12.000 8
§24,000 —12.000
400.000
Barnaby Mamif’g Co........
0,000
6,000
Barnard Manuf’g <k>........
330.000
4,950
6,600 —1,650
| Satur.
Mbn.
Tues. Wedncs. Thurs.
Fri.
Border City Maauf’g C o.. 1 , 000,00
l*
20,000
3
30.000 — 10,000
Bourne Mills......................
400.000 3
3
12,000
12.000
L iv erp o o l, steam.cZ 19128
Chace M ills.........................
19128
500.000 IK
1912
S
191.8
19128
191.8
7.500
12,500
—5,000
Conanicut Mills.................
120.000
1,800 I*
Do
IK
........... d.
....
2,400
....
__ _
....
-600
....
....
Cornell Mills ......................
400.01 0 IK
6,00.
-f 6,000 H a v re , s te a m .. <1.
25*
Davoi Mills.........................
400.001
*8
*8
hs
6,000
6,000
Flint MillB..... ....... ............
580.000
11,000
11,600
Do
l a t e r ........ d.
___
....
....
....
....
....
Globe Yarn Mills.............
1,200,000
18,00(1 2
Hfs
24.0
JO
—6,000
Granite Mills......................
800.000
12,000
IX
U 64
20.000
»84
1164
%K
U «4
n 6*
U 64
— ,00J B rem en, s te a m ., d.
Hargraves Mills................
800.000 IX
12,000
12,000
IK
Do
l a t e r . . . d.
....
....
....
....
....
King Philip M .lls............... 1 .000,000
15.000
ix
15.(00
400.000
Laurel Lake Mills..............
6,OoO i*
H a m b u rg , s te a m d .
8,000 — 2,000
633
532
532
533
eS2
532
Mechanics’ Mills............
750.000
7.500 2
15,0c0
—7,500
Do
la te r..d .
__ _
....
....
....
....
M erchants’ Manuf’g Co...
....
800.000 IX
12.000 2K
20.0P0 — 8,000
Metacomet Manuf’g C o... 1 288,000
4,320 —4.320 Ams’d a m , stea m .c.
301
27 X t
27X t
27X f
27 X t
27X t
’Warragansett Mills...........
400.000
6.000
8 , 0 0 ) - 2,000
l*
....
Do
l a t e r ., c.
....
....
(Pocasset Manuf’g Co........
8 >0.000
....
....
....
12,0>0
12,000
Richard Borden Mfg. Co..
800.000 IX
12,000
16.000 —4,000 R eval, s te a m . . . d .
732
742
733
732
782
732
Robeson Mills....................
200,000
3.000
lx
-3,900
Sagamore Manuf’g C o__
D o ................... d.
....
900.000
....
....
....
....
....
' 13,500
27.000 —13,500
Sanford Spinning C o........
400.00 ' h!
6.000
+6.O00
B’lo n a , d i r e c t . . . d.
....
....
....
....
....
Seaconnet, M ills................
400.000
6.0 0
3
’
12,000
—
6,000
Shovo Mills.........................
550.000
G enoa, s t e a m . . . d.
11,000 2
11.000
3ie
S16
316
3ie
S18
3ie
Slade Mills...........................
550.000
8,250
8,250
X
Stafford Mills ....................
X
X
X
>4
X
800.000 2*
IH.
lH O00 24.000 —8,000 j( T rie ste , v ia H u ll.d .
Tecunneh Mills..................
500.000
7.5001 2
10.000 —2,500 [ A n tw e r p ,s te a m . d.
9«4
*64
9St
9*4
Troy Cot. & W. Mfg. Co...
3'>0,000
15.000 5
5.000
Union Cotton Man’f'g Co.
750.000 2 1
15.000 3
* C en ts p e r 100 lb s. a n d p rim a g e .
t C en ts p e r 10 0 lbs.
• 2,500 —7,500
Wampanoag Mills.............
750.000 i Hi
II,
1* 850 11,250
L iv e r po o l .—B y cable from Liverpool we have the following
T o ta ls ............. ..............§19.128,000
1-62 $309.850 ♦<{*24 §410.320
* On capital o f §18,328,000.
statement of the week’s sales, stocks, &c., at that port:

1*

V*
IS*

THE CHRONICLE.

M aKCH 10, 18S4.3
Feb. 18

Feb. 23.

S a le * A m e r i c a n ..................................

A c tu al e x p o r t................................
F o rwraa rd e d ------—
.............6 6 ,0 0 0
T o ta l ito c k —E s tim a te d ............ 1 ,71 8 .0 0 0
O f w fciehA m erto an —E a tlm 'd i 1 ,1 1 3 .0 0 0
O f w hich A m e r i c a n .............
A m o unt a flo a t..............................
O f w h i c h A m e r i c a n . . ..............

itc h . 9

5 0 .0 0 0
1,4 0 0
2,-100
4 3 ,0 0 0 ,
8,000 ;

Sales o f th e w e e k .............b a le s.
O f w M eh e x p o r te r s to o K
O f w M oh s p e c u la to rs to o k ..

T o t a l I m p o r t o f t h e w e e k ............

M eh, 2 .

1 1 9 ,0 0 0

9 7 ,0 0 0
1 9 2 ,0 0 0
I S 5 .0 0 O

1 6 .0 0 0
7 0 ,0 0 0
8 6 ,0 0 0
2 ,0 0 0
2 .1 0 0
1.0 0 0
2,000
2,000
2,000
4 2 .0 0 0
6 3 ,0 0 0
5 7 ,0 0 0
7 ,0 0 0
3 ,0 0 0
3 ,0 0 0
6 3 .0 0 0 !
6 1 ,0 0 0
7 4 ,0 0 0
1,,7 1 2 ,0 0 0 1 ,7 5 0 ,0 0 0 1 ,3 0 0 ,0 0 0
1,,1 4 7 .0 0 0 1 ,1 8 1 .0 0 0 1 .5 2 8 ,0 0 0
6 1 .0 0 0 1 0 7 ,0 0 0 1 2 7 ,0 0 0
5e,00O
8 8 ,0 0 0 1 0 5 ,0 0 0
2 1 2 .0 0 0 2 0 2 ,0 0 0 1 6 7 ,0 0 0
2 0 0 .0 0 0 1 9 0 ,0 0 0 1 5 0 ,0 0 0

Indian corn futures have attracted increased attention an d
prices have made a moderate advance on general buying,
stimulated by a decreased movement of the crop and in "sym
pathy with the im provem ent in wheat. Offerings in the spot
m arket, owing to limited supplies, have been light and prices
have advanced. The sales yesterday included So. 2 mixed a t
43}£c. in elevator and 44J£c. delivered: also No. 2 white at
47c.”, delivered. To-day the m arket made a slight decline
under realizing sales by longs. The spot m arket was quiet
and easier. The sales included No. 2 mixed at 48Jjc. in ele
vator and ftpftc. delivered.
DAILY CLOSINO PMCES OF KO, 2 MIXED COBS.

The tone o f the Liverpool market for spots and futures ea< h
day of the week ending March 9, and the daily closing prices
of spot cotton, have been as follows:

0.

,0

W n in e t. T K u rtd 'y .

S a tu r d a y M o n d a y , T u e sd a y

N.

441

M on.

T u ts .

42%
42-%
42%
43%

42%
13
12 7s
44

42%
42%
12%
13%

W ed.
43%
43%
13%
41%

T h u rs.
43%
43%
43%
41%

F r i.
43%
•1 2 %
42%
44

Barley has m et with a better trade and prices have been
firmly maintained. E ye has been without change and quiet.
There has been a moderately active speculation in oats for
future delivery and prices have made a moderate gain on fair
*klg
M ld .B p l’d a .
1*1«
1-19
4 ;;M
*he
buying, largely by shorts to cover contracts, due to the small
12,0 0 0
10,000 1 0 ,0 0 0
1 2 ,0 0 0
Sale.*............ 10.0 0 0
1 0 .0 0 0
quantity com ing forward to the seaboard. The spot market
600
500
500
1,000
8peo. A e x p .
1,000
500
has been moderately active, and, with small supplies, prices
Future*.
have advanced, particularly for the white grades. The sales
Steady
*t
M
a
t
tot
Steady
at
M a rk e t, \ 8t«adryesterday included No. 2 m ixed at 87 kj @ 87*30. in elevator and
l -m deIs?& si 1-61 *4
1:15 i*. M.)
ellae.
No. 2 white at 39@8y’£c. in elevator. To-day the market de
eiine.
KSSE a d ra a c e .
clined under sales by longs to realize profits and in sym pathy
M a rk e t. ?
Verjr
O
aiet
and
Q alet.
St ®m&f.
E u i.
with the weakness of wheat and corn. The spot market
mmmAv
4 »•.« ;
w as quiet and a trifle lower. The sales included No. 3 m ixed
The opening, highest, lowest and closing prices of futures at 37c. in elevator and No. 3 white at 3st£-'§89c. in elevator,
at Liverpool for each day are given below. Prices are on
D A ILY CLOSING- r a l C K S O F S O . 2 M IX E D OATS.
the basis of Uplands, Low Middling clause, unless Otherwise
M a rk e t. ) Steadier.
1:15 F. M. j

F&ir
easiness
<ioiag,

Saeier.

Firm er.

In an y en
favor.

firm .

S a t.

Mm*.

M a r c h I k - l i v e r y . . . . ..........e . 3 5 %

« » t„

U th . 3 .

a ie a .. * k h . 3 .

ric h . 6

U
m
%m
4

4 Of

4m
4 n
4 It
4 11

4 14
0 e t^ X o i r » . - 4 14
Jl^ v .w O e c ;.. •

4.
*m

C
4€WS
4 m 4 88
4G& 4 # 7

4M
i
4
#
4
4

a

4
4 *M 4 0 8
t a
*n

if

U

4

14

4H

14

« it
4 i«
4 IS

IS

4 if>

i c
tt#
4m

4. 1 4.
: 4.
4.
4.
4L
urn
i i Qi 4 81
\ 4 03 4 ( 0 l 4 &l 4 0 4 : t Of 4 m
: 4 §4 4 3 4 l 4 88
4 94 4 94
4 m 4 08 4 84 4 0 81 4 m 4 m

4 0 8 4 88
* m 4 10
IS
It ' i a
4 It
14 I 4 11 4 I t
m
t i t 4 if
4 18* * i t 4 m
4
i
4
4

WlM»„ M c h . 7 .

T h a n . . M .-h. H,

4L
4L
4. .
•4
4 9 1 ,4 H
M ei:.. A p ril I 4 94 i
4 M ] 1 # 4 'i
A p ril-M a y ; 4 9 8 4 OS 4 0 8 ■* m 1
M e t Jan*. f i m
4 08 4 t ? 4 87 :
J fa a to S a lf. ' 4
4 8 # 4 0# 4 8 #
J a lj , A « . . . 4 U # a
* to * a
4 If * i t i l l
ft i f
f 4 If 413 i i t : * m '
4 * i t 4 4 8 ; * I t ; 4 18;
■:# IS 4 14 14 W ‘ 4 I#
| 4-

i

I

,O pum B i $ h Iti-w . Clew.: 0 # * «

h , .... f 4 04

i * 8 8 4 08 ;
: 4 88 4 0 8 j
! 4 ft# 4 0 0 ?
: 4 ABM 4 m \
4 08 ! 4 m :
4 1# 1 4 t o

4.

4,

ft 94
4 <4

4 00
4 0

ft

4m

ft i f
ft- 0 #
i a
* ur
4 If
4 If
t it

4 m

4 4#
•i t !
4 IS
14 1$
iIII
ft 14

407
4 08
4m

i m
i a
4U

4 m

4 &4 1 4 * 4

4 OS j 8 8 8
1 07 4 07 4 07
4 08 4 m
4 99
4 tO 4 181 4 10
* u
4 W 1 4 11
4 U lit 4 a
4 it 4 11 4 i t

; to w .

4-

4,
4 i 4 i 4,
:4 0
494
4 m ft #4 ' « 0S
4 0
4 § 4 1 i *?S ' ft 0* 4 8SS
14 m
ft 07 f 4 0* 4 94 4 84
■ 4 97 4 0S J 4 9 # 49® 4 ftfi
I i 8 # 4 W j 4 97 * m : t m
| 4 1.1' 4 U : 4 m , * i t * *«
5 4 I t ft- IS 4 10 1 U 4 10
I 4 I f : 4 I t - 4 i t 4 I f * II
j4 I f , 4 14 \ ft If - ft I t ; ft I t ;
f ft I f 4 1ft 1 4 It ft IS ft ft

B R E A D S T U F F

35%
31

%

T u ts.
35 %
35%
34%,

Wed. T h u n .
30% 3 «
35% 35%
35% 35 %

lY i.
35%
33%
31%

FLO U K ,

4.

Frt„ Mch. ft

0*iaw,.

35%
31%

The following are closing quotations:

O w n lfi«A I w . O a t. O p m !f l t j a i L am , : Cte«. Q p m fBi&k L em ,
M a rc s ;.. . . . .
M e U -* A p r..
A p r .-M lf. .
M ay - J s n e ..
J u ij-A u g l ....
A tsff.-Sept,..

Apni delivery............. «•.
May delivery.............. e.

d

F in e ...... ......... . .f f Ltii. $ 1 7 5 4 * 3 DO I P a te n t, w in te r ..............$ 3 1 0 « $ 3 5 0
H aperflue....................... !
2 10 i CKv m ills e x tr a * ....... 3 558> .........
E x tra . No. 2 . ................ 2 b o o 2 25 | K ye floor, •u p e rfla * . 2 5 0 ® 2 8 5
Extra, No, 1 .........
2 2 0 - 2 6 0 I B u c k w h e a t flem r....... 2*25® 3 3 0
C lear*.............................. 2 3 0 # 2 75 j C orn m e a l—
K tn u x h t* ...................... 2 7 V * 3 5 0 1 W e s te rn . * e ............. 2 50® 2 6 0
2 70
Patent. »prtt»g— . . . . 3 3 0 a 1 2 0 I B ra n d y w in e ............
[W h e at flo u r la sac k * m -JIa a t p ric e s b e lo w th o s e fo r b a rre ls .]

<3RAM.
0.

W h e a t-

spring, per bosh.. 60

9

74

S m w i n t e r . . . . . . . 5.1 st
W h ite ............ . . . . . 3 6 A
O a ts—M ix ed ,p e r bu . 3 6 % 9
w h ite ..................... .. 3 8 *
So. 2 m i n i ........... 3 7 r
No. 2 w h i t e . . . . . . . . 38% »

66
66
30

lied winter No, 8 ,. 62%* 6 4

12%

38

3t»%

j C o rn , p e r b u s h —
e.
o.
“ W rs t’u m ix e d ......... 4 2 *
No. 2 m ix e d .......... 1 3 % » i k
W e s te rn y e llo w .. 1 3 & 1 5
W estern, w h i t e ___ 1 1 ® 1 7

B y --

W.' .t.’rn. p e r bush.

S tate 0 -row m l____

t 94

51

S ta te a n d J e r s e y . . 5 0
Hat ley —s ,,.2 W est’ll 6 0
6 t a t e ’2 ro a re d ........ 8 2

58
55
62
63

The movement of breadatutf* to market is indicated in ti e
statement below prepared by us from the figures of the
i f*
New
York Produce Exchange. We first g ive the receipt# a t
4 4®
Western lake and river port#, arranged so as to present tho
§ 11
* IS comparative m ovem ent for the week ending March 11, 1894,
ft If and since A ugust 1, for each of tho last three years:
4 I*
Ilfluv, ! WKmt,
Oat*.
fyptip iftM 74arU>y. J /%•.
OlPlIlk

S.

F & e b a y . M a rc h 9 .1 8 9 4 .

] HtftiM# 14a
187 #71
MI0MN0B8#®.

« tJ M

&m k.m rn. : Hu.M Hu.
tm . o n !
24,090
8,490

IHMM#

There have 1a on no feature* of
:la i i n t e r e s t i n t h e m a r k e t
Salwfll*. ...
for wheat flour A moderate bu
1 ff ltW
m haa been accompltailed dt&M ftptiii,
1
in trade brands at steady prices:
w a)
mmo
8P,d9»
13»30
899
1.199
w « tfi» tra d * ? h * » b e e n f l a t .
4M 41
|#,#ftt
but values h.ive iwen without
iixiTw
1880#
29,810
sng». Eye Sour hart mot
Sviftil
with a modern
41#8{
14811
»de at steady pro w. Buckwheat fleiiar In*
87,0^1
#4181 « j
i 74*000J
47,fS9
teen 0* gb cted
8.3,>0
w q u o t e d n o r u iu s ly uoohamKtd. CornwesU It.
ijxUt
9M»{
33,800
f tS tlw
um
has told witfi
r degree of freer
at unchanged values.
Cttjr.l
.......
I
B0f|
To-day the it • r k e t w a s q u i e t b u t
My.
■IW.—W
f
The *p> i n! iuve dealings in the i lafket for wheat futures
r.>5.»k,5H.|
I8M M I JU8S89#8j $. HTHjft#Ai %l*§,188j
S47.S18
i*m«
w4,.#a.|
IMLMS
-fcnve been fa f ly a c t i v e jvioI p r i c e s h i v o g r a d u a l : v a d v a n c e d o n
mMx
i«
a
#
m
u
m
..
627,447
iis.o o s
M88J08}
moderate
yu.g. stim ulated b
m a t e r i a l d*
lb
i*n€* 41*4,1.
Mtpply
in
it, liberal
_ . . .
— L .clearane,
..— —
..o a t tk tM tk i
at
l888MN%»*k. 1 7J» & « n | 11A84 AKM 10S.lfMfftS 7#,0tl«80#j 24 40&49S 2.538,803
and flour, a fair d
usd for rpot wh<*at in the North*
7% t4tsna
lyfesoyrtij i#ati8M 88|
0,190.814
west from miller
and strongei* fore ign ad v k
hot
70if7MOi
88.478.813 t4,M«,434 l3.im.S52
any material in rofiemeot v m check*id by ttm con®nued favorabi
w eaUicr cooflttiems for the grow*
The receipts of floor and grain at the seaboard ports for the
ixi'K crop ussiest
of a (sold wiire as had bee n p a ••ek ended March 8. 1894, follow:
toted. fiusiriesB in the spot market I
eft a t
s lig h t
Ftsmr, Wkmi<
(Mid,
ftegmpts <tf—
hH9.
hrm%.
fewilk.
bttah.
jBVAnec in values placing prices a trifle over shippers* Until ■. n«r
%
X m k..,.
1 n ,m ?
mm
t J 7.WM)
?#.7«a
The s«lar yesterday included So. 1 hard Manitoba at 7 :,c.
i03u.
. k*$hft
027
m um 7
50.175
17,7*34
X 08
M'furml............
x'Mrt
70.313
over May fifth. afloat and So. 2 hard Kansas at
<le- PbilmMkito......
I t.M4
i%mi
w jm
'.17,600
22,8.66
> tiv “*“A
■
To-day the m arket declined under moderate -idling
87,66# m tjm st
81, 7S
“uni
in an ipation of a favorable (jo ternru.-rit report to-morrow. ’ • I75 r. :
15.3&#
l %77f
0,874
n CJ0 «!ita» ',, *,
[ T h e ■ s>t m a r k e t w iw i n e r e a c t i v e a t a s l i g h t tie*?lino i n v a l u e s ,
■The , » * • i n c l u d e d S o . 2 ro d w i n t e r a t I >4c . u n d e r S ta y f . o .b .

from U/re and May price f.o.b. delivered; alio So. 1 Northern
At. f« J. o v e r M a y f . o . b a f l o a t .
r iw

U t o m m M atsu * n r t a

Ifarri, delivery............... 0.
tf-L 'i RtWiTyW** «... j
- M ?*u
Asum*.
SSJ.I.-M

OtStaas

am
i: : ,
64%
(g
67

•is
71*1

2 tm

Jfow,
61%
63%
#1%
6#r
?i%

v u n t t «vn«*v.

Turn. TTf4, T&Urg.
m % rt%
62 V»
64
«ft% 84%
0».%
05 Js
*17% 07% 07%
611%
71% 71% 71%

#w
63%
04%
00%
00%
88
71%

mm

Trital w«4ik...,
mu.
...... ;

17.815

81,889

84,61*4
t.rm
m m
16 .8 »
The total receipt* at ports named in last table from Jan. 1
to March 8 compare as follows for four years:
LrcUpU0 ^
im u
jgw.
1892.
1881,
t#89JM
11,
wheat..
Irtish* ZM#,7m
8,0«MJ,8W
13,420.870
2,9*4,01*
7.4*>2.0<>9
<1,1*7if. MO
82.667,418
o*la
i|3it,*65
4M»Mb
s**f"
Barley
1,512,74.2
1%
1»',027
lire......,..,...
122,00480,406
Total train
©iiU.330
20,871,220
w ,5 m,m%
68.I>73.«S4
ftO ® 6

801,41?
t7ft,-0f7

897J07
487.612

THE CHRONICLE.

442

[VOL. LVIIl.

The exports from the several seaboard ports for the wee k
Business in brown sheetings has been of about average ex 
ending March 3, 1894, are shown in the annexed statement:
tent on both home and foreign account, with an improved in
Peas.
Rye.
Oats.
quiry
for drills for converting purposes. Bleached shirtings
Flour.
Corn.
Wheat.
bush.
b nsh.
this.
bus*.
bush.
bush.
Exports from—
7.657 are without material alteration on the week in any respects
129.954
2,818
295.143
4,786
In wide sheetings the only new feature has beeen a reduction
207.011
23,720
5,143
15,842
of 1 to 2 cents per yard in Wamsutta sheetings, acccording to
36,219
24.450
86,892
297.689
quality, leading to fair sales of them. Colored cottons are
969
230,507
quiet in most directions and prices are generally irregulr, the
206,474
export demand is below the average and both jobbers and
M ontreal...............
manufacturers are only light buyers. Kid-finished cam
36.377 brics and other linings dull and unchanged. New Canton
2,818
1,283.146 2*2.963
27,575
123,124
253,454
737,137
Same time 1893... ..1,677,692
flannels are being shown, but buyers are taking
The destination of these exports for the week and since little interest in them so far. White goods move less freely
Sept. 1,1893, is as below. We add the totals for the corres than last week but are still in fair request. Fancy prints are
ponding periods of last year for comparison:
quiet in the way of regular trade and irregular, the feature of
Week Since Sept. the week being a large drive in Garners 64 square prints
Week Since Sept.
Week Since Sept.
Exports for
3. 1893.
M<ir. 3.
1.1893.
Mar. 3.
by the H. B. Claflin Co. at 434c. per vard. Printed specialties
L 1893.
week and since Mar. 3.
bush.
bush.
bush.
bush.
bbls.
bbls.
Sept. 1 to—
in wide cloths in fair demand, satines again leading. Indigo
553.918
176,807 4,262,418
413,448 13,351,402
711,350
841,182
31.806
520,762 13,586,779
blues well sold ahead and the demand for shirting prints
59,294
803
753,695
200
11,367
8. & C. America.. 17,988
350,615 improving; other printed fabrics featureless. Ginghams in
15.867
32,555
701.204
23,063
58,301
300
214.434
2,609
Brit. N. A. Col’s.
average demand, some outside makes in dress-styles closed
58,610
908
101,319
22.845
Other countries..
1,198
out at low figures. Print cloths quiet; moderate sales of spot
934,410 27,072,930 1,283,146
262,963 6.786,078
and futures at 2%c. per yard.
253,454

7,357,994 1,677,692 47,237,109

737.137

The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, March 3, 1894, was as follows:
I n store a t—

ew Y o rk ............

afloat.,
Do
A lbany.
Buffalo .
Do
Chicago
Do
Do
Toledo..
Do
D etro it.
Do
Oswego..
Do
afloat..
Cincinnati...........

Wheat,
bush.
.13,336,000
. 538,000
. 1,645,000
. 115,000
.20,887,000
1,208,000
.. 860,000
.10.750,000
. 209,000
. 3,019,000
. 140,000
.. 1,794.000
20,000
. 4,404,000
7,000
. 875,000
. 138,000
. 633.000
. 279,000
. 124,000
. 123,000
. 482,000
. 1,094,000
.12,161,000

Total Mar. 3, 1894..75,569,000
Total Feb. 2 4 ,1894..77.258.000
Total Mur. 4, 1893..79.097,000
Total Mar. 5 .1892..41,655,285
Total Mar. 7 ,1891..23,151,571

Com,
bush.
93 L,000

176,000

Oats,
bus*.
571,000
45,000
25,000
53,000
156,000
836.000
208,000
17,000
17,000

1,243,000
37,000
34,000

24,000

10,000
456,000
307,000
5,118,000
6,728,000

7,000

10.000
1,093,000
92.000
24.000
702,000

24,000

5,000
127,000
305,000
74,000
7,000
822,000
586,000
129,000

21,000
34,000
46,000
155,000
57,000
134,000
54,000
14,000
117,000
40,000
6,000

19.106.000
18.171.000
15.594.000
11,051,297
2,639,250

2,661,000
2.831.000
5.159.000
3,836,387
2,874,854

Barley
bush.

Bye,
bush.
48.000

0 •
01
CD •

ii

*3 .

<
1053
0»^
©m
toM
MW

to
<1 M

05^4
wVi
wc
CO-3

w

3 3 ,163

value of the New York exports since Jan. 1 has been
$2,263,913 in 1894, against $1,476,415 in 1893.

tO

tob^b w
M C5 <1 <1 £*•

M

MM
M ©

O C 0<18C

O f©

O ' 05 CD QO tO

to to

COOI
01 CO

HCDnift w
W C O M H -O
Of Of M O f W

to C5 o to CO

05 w aoo<i

<TwtoV©
w^
o i -vj 05
woo -05q -s|
ao-q to o»
tow

w
w
M
Of
M

MjpstCOf©
aobbbb
M © C O < Jf.
© Of if*. © M

§

p:

Of CO* W < 105

CMC5CM , ^
wpoocc*.
St
1
of w ci co ao
c Mto-qoo

GC tO tO tO M
CO M M to 00

5
1^

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|

cow m

—O W 05W
t O O H O 'M

h

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I

w w jo c *01
© b M w © Is?
t i x c j o q * St
t c CO 00 C5 05

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ob-dwoi

c co o a o m
C5£-MC5W I

?

M tO
OUO
© M

t o Of t o O 'if*
OC CD © 0 0 ©
t o *q
cc ^ i

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M GDCM CD
M C O C 5Q M

M M M M
tO M O t W M
© © to O M
00 © GC © ©
CO © CO © CO
W© M MOO

w to<iw to
O O ' tO W M
K3Q1M

Q

<1 W CO 0> M

I

© to
O f©
WM
© o

o«©
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0»CJf

bV
w©
K .©

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Wto
wen

to Of to CMif*
o tM O ib b
© © Of <1 Of
© i f 00 Of i f

2? *•
5
m

rt

<)Vb6orfh £•
<J CO © GO tO i ?

to

1 ,4 1 4 ,9 0 7
1,38 1 ,9 5 1
1 ,5 0 5 ,0 4 9
8 9 6 ,4 7 7
3 0 0 ,6 4 1

5,484

M

to
<r© <j ©
M O W K iv J

2 ,2 3 5 ,3 7 1
1 ,2 9 0 ,4 1 8
1 ,5 8 6 ,4 3 7
7 5 1 ,1 5 0
2 4 1 ,7 2 0

T o t a l...................................... 5 ,1 0 3
5 0 ,2 6 5
* F ro m N ew E n g la n d m ill p o in ts d ire o t.

to
©to

^8COHOi

<1 CP

2 1 ,0 3 1 ,2 5 8

24,895
8,268

to
to
b
<i
-4
to

©©

©w

2 8 5 ,7 9 5

2 ,4 8 4
3 ,0 0 0

Of toot w
to
05 W 00
CJ«1?*00 00 M

HW W W CJ

w oo

4 3 ,7 9 2
6,4 7 3

to
to C5 M© ©
M to if*© ©
-I © yioo ©
w 05 W M CJt
to -J ©**J ©
00 C5o»w to

Otcc

g: i

1 5 6 8 ,0 2 6
1,8 6 5 ,1 2 5

842
160
5,805
111
1,539
611
3,905
336
1,006
9,356
558

w tOif. 05
O*M© to
tv M OCX <1
M © ©w OI

to
©
05
W
M
if-

6 ,1 0 5 ,0 9 6
3 1 ,4 5 3 ,4 1 3

74
1
251
l
100
98
550
38
66
1,2 8 5
20

cocow o w

W
to
© COM
^ w to w e n
If- b ©
w ©to to >t* co © to
00
©© cn © © © w
w
M
M
"to
<J(f*
<1 © tO © if. © ©
C5
Of to jqono© cr
<1
o
t

M
booobV i
<J to Of com <ito to
© MOO MM W^3©

3 7 ,5 5 8 ,5 0 9 '

Week. S ince J a n .

122
160
1 ,7 5 8
310
611
109
502
31
159
452
106

2
p :. : ^

M a n u f a c tu re s o f—
W oo l ...................................
C o tto n .....................
S ilk , .........................
F l a x ........................
M isc e lla n e o u s ..........

si

O SB

1893.

Week. S ince J a n . 1.

4 ,3 2 0
1,0 8 8

9 ,0 0 0

The importations and warehouse withdrawals of dry goods
at this port for the week ending March 8, and since Jan, 1,
1894, and for the corresponding periods of last year are as
follow s:
3
3
3
M 3
gSgM g

2 0 ,005
2 7 6 ,3 3 9

T o t a l.....................................
C h in a , v ia V a n c o u v e r* ....

5 ,0 0 0

o o l e n s .— Buyers

T o ta l w itlid r ’w ’ls
E n t ’d fo r o o n s u m p t

1894.

D om estic W

T o ta l m a r k e t e d ___

The improvement in the demand noted in recent reports is
well sustained in a regular way. It has, however, hardly ex
panded as much as expected in many quarters, and it is still
evident that despite the abnormally low level of prices buyers
have not yet thrown off all caution, although rather less con
servative than some time ago. The weather during the past
week has been decidedly favorable for business in spring
merchandise, but its eifect is more noticeable with the job
bing and retail trades than in the primary market. The rate
at which stocks is being distributed by the former cannot
fail, however, to act upon business in the latter, and prospects
for the balance of the month are considered fairly encourag
ing. While sellers hold this view they are not, nevertheless,
disposed to hold stocks if they can move them by any conces
sion within reason, and there is thus much irregularity in
prices of both cotton and woolen goods. In this respect the
market is not worse than before, but it certainly is no better,
except in so far as surplus stocks in some lines of cotton
fabrics have been cleaned up through special price reductions.
Dress goods, woolen and worsted, and silks are an exception
to general conditions, stocks being moderate and prices
steady, with here and there an advancing tendency.
D omestic C otton G oods .— The exports of cotton goods
from this port for the week ending March 6 were 4,320
packages, valued at $249,981, their destination being to ’the
points specified in the table below:

1,1 7 2
727
2 0 ,5 8 9
2 ,2 8 9
5 ,3 2 0
887
4 ,1 8 9
357
1 ,1 0 4
6 ,6 6 2
496

1892.
M a r. 5.
4 ,0 0 0
5 ,0 0 0

I m p o r t a t io n s a n d W a r e h o u s e W it h d r a w a ls o f D r y G o o d s.

NEW Y o r k , F r id a y , P . M ., M a rc h 9, 1894.

G r e a t .B rita in ........
O th e r E u r o p e a n ..
C h i n a .......................
I n d i a .........................
A ra b ia ......................
A f r ic a .......................
W e s t I n d ie s ............
M ex ic o .....................
C e n tra l A m e rio a ..
S o u th A m e r io a ...
O th e r c o u n tr ie s .. .

T o ta l s to o k ( p ie c e s ) ......................... 5 8 3 ,0 0 0

18 9 3 .
M ar. 4.
N one.
5 ,0 0 0

have been in good attend
132.000 ance in this department all week, and if their operations had
35,000
' 35,000
268.000 only been marked by a fair degree of spirit, an active business
57.000
3,000 would have had to be reported. As it is, the demand is still con
218,666
114.000 fined on the part of the great bulk of them to little better
1,000
112.000 than sample lots of new heavy-weight goods, and the aggre
12.000
21,000
32,000
gate, while clearly in excess of recent weeks, is yet far from
V,666
satisfactory in view of the backward condition of buying up
9,000 to date. Cheviots and piece-dyed woolens and worsteds and
“ 1,666
35.000 other staples in medium-priced goods in best request; fine
31.000 worsteds and higher priced fabrics neglected. Satinets and
3,000
74.000 cotton-warp cassimeres in somewhat improved demand.
35,666
19.000 Rough-faced overcoatings sell better than other varieties and
78.000
47.000 there is more doing in staple cloakings for spring. Woolen
40.000
and worsted dress goods in steady request, stocks limited, and
1,666
prices generally firm. Flannels quiet and but a small busi
1,000
5,000
ness reported in new season blankets.
22.000
24,000
80,000
F o r e ig n D r y G oods .—With continued good attendance of
buyers a fair business has been done in imported merchan
1.058.000 dise. Stocks of desirable dress goods and silks are light in
520.000
541.000
1.216.000
1,719,000 both staple and fancy varieties; business is some what checked
919.000
1,819,050
1.510,759 thereby and by the firm attitude of most sellers. Ribbons
392,823
2,179,319
also held in moderate compass against a fair demand. Linens
continue firm and are somewhat more inquired after.

T H E DRY GOODS T R A D E .

N e w Y o r k t o M a r . 6.

18 9 4 .
Stock, o f P r in t O loths—
M a r. 3.
H e ld b y P r o v id e n c e m a n u f a c tu r e r s . 1 9 3 ,0 0 0
F a ll E lv e r m a n u f a c tu r e r s ..................... 3 9 0 ,0 0 0

05*q M w to
M C 5M P -O I

CD W 05 M <1

00 00 if. © if*

©M lf.©©^
w<iaow©
cdco' ^ h 'w
H H tO O s l
Qf^©£»M

ms

coS

COS

THE CHRONICLE.

March 10, 1804.]

S tate

and

C ity DtfAftTMSNT,

TERM S

OF

S U B S C R IP T IO N .

C o m m e r c ia l a n d F in a n c ia l C B R O H I C L E
mans 4 0 to 6 4 pages, published every week.

con-

■ ta le a n d C ity S u p p le m e n t of C H R O M C L E con
tains 180 pages, published periodically.
I n v e s t o r s ’ S u p p le m e n t of C IIR O X IC I.E (a Cyclo
pedia of Railroad Securities) contains 1 6 0 pages, published
every other month.
Subscription to CHRONICLE for one year § 1 0 .0 0 ,
which includes every issue o f both S u p p l e m e n t s ,
T l ie p u r p o s e o f t ills S la t e a n d C ity D e p a r t m e n t
famish our subscribers with a weekly addition to and
-continuation of the S t a t e a n d C i t y S u p p l e m e n t . In other
words, with the new facts we shall give, the amplifications
and corrections we shall publish, and the m u n i c i p a l laws we
shall analyze in the ** State and City Department,” we expect
to bring down weekly the information contained in the
S t a t e a n d C i t y S u p p l e m e n t to a s near the current date as
-possible. Hence it every Subscriber will note in his S u p p l e 
m e n t on the page designated at the head of each item a
reference to the page where the i t e m i n the C h r o n i c l e can
be found, be will at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debts.
I s to

443

R a te
M a tu r ity .
Page.
L o c a tio n .
3 5 4 . . C on co rd , X. H ............... 4
1924
4 0 1 .-D e tro it. M id i................. 4
-1 0 1 . D e tro it. M ic h ................. 4
1924
1910-1934
3 5 4 .. E a s t L iv e rp o o l. O h io .. 5
M ar., 1904
4 0 1 . . F a ll B iv e r. M a s s .......... 4
M a r. 1 ,1 9 1 4
4 0 1 . F a ll R iv e r, M a s s _____ 4
3 5 5 . . G a llip o li-, O h io ............ 5
F e b . 25 . 1694
1914
3 5 5 ..G rie g * Co., X . D .......... 6
3 5 5 .. G r in n ell, I o w a . . . ___
1 904-1913
3 5 5 . . H a m ilto n . O h io _____ 5
2 3 4 ..H u d so n Co., X. J ......... 4% J a n . 1. 1 9 2 4
1924
3 5 5 . . In d ia n a p o lis , I n d ........ 4
1895 t o 1902
44 5 J e ffe rs o n Co., O hio .. 6
4 0 2 ..J o p lin 3 c h .D is t.,M o ,. 6
1914
3 5 5 .. K e o k u k , I o w a ............... 5
1696-1914
M ar. l , 1914
4 0 2 ..K irk s vtUe, Mo............... 5
191-1
402. K lic k ita t Co.. W a s h ... 6
3 1 5 . . L a w re n c e , M a s s .......... 4
J u lv 1, 1923
4 0 2 . L o w e ll, M ass
O et. 1 ,1 8 9 4
3
3 1 6 ..M a d is o u v U le , O h io ___ 6
189 4 -1 9 0 3
3 5 6 ..M ario n . O h io ................. 5
1 9 1 3 -1 9 1 6
3 56 .M id d le to w n , C o n n ___ 4
190-4-1917
3 5 6 . .M id d le to w n , C o n n ___ 4
1897-1909
4
3 16 N ew B rita in . C o n n —
3 5 6 . N ew O rle a n s, L a _____ 4
1944
4 0 2 ..N ew Y o rk C ity ............. 3
3 3 6 ..0 m a n a . N e b ................... 5
A ver.,6>*jyra.
2 7 5 ..
P a s sa ic , N. J ...... 5
2 7 5 ..
P a r k e r s b u r g , Io w a5—
1914
2 7 5 -. P a r k e r s b u r g In d . Sell.
D is tric t, I o w a . .......... 5
1904
F e b . 1, 1931
4 0 2 ..P e te r s b u r g , Va_______ 5
M ar. 1, 1914
4 0 2 .. P o r tla n d . M o.................. 4
3 5 7 . P o rt o f P o r tla n d , O re. 5
1924
1944
492 R o c h e ste r. N. Y ........... 3d*
3 1 7 . S a le m , O re ....................... 5
1911
3 5 7 . S t. P a id , M in n ............. 6 J u n e 15, 1893
27 6 . S y ra c u s e , X . Y ..........
4
F e b . 1 .1 9 0 4
3 1 7 ..T e n n e s s e e ....................... 4>s
317 . W aseca, M in n ................ 6
1914
445 . (V inton P la c e , O h io ... ti
1695 to 1 904
1895 to 1901
4 4 6 Y o n k e rs, N. Y ............... 4
4 4 6 .. Y o n k e rs, N . Y ............... 5
Fell. 1 .1 8 9 6
146 . Y o n k e rs. N . Y ................ 5
F eb. 1, 1807
4 0 3 . . Z a n e sv ille, O h io ........... 5
J u l y 1 ,1 9 1 3

A m ount
A w ard.
$ 5 0 ,0 0 0
103*332
1 50,000
106-890
4 5 0 ,0 0 0
106*52
5 0 ,0 0 0
104*765
1 9 0 .0 0 0
103*
2 5 ,0 0 0
104-231
9 2 .5 0 0
100*5
3 0 .0 0 0
101-5
1 5 ,0 0 0
102*033
5 0 ,0 0 0
105-426
5 0 0 .0 0 0
100*
6 0 0 ,0 0 0
101*697
1 5 ,000
106*7333
1 0 ,0 0 0
106-58
1 5 3 ,0 0 0
101*307
2 0 ,0 0 0
100-7
2 7 .7 0 0
100104-769
3 2 7 .0 0 0
4 0 0 .0 0 0
100-01571.
1,629
102%
1 4 ,000
103-425
2 8 ,0 0 0
1 02 0 7 5 6
2 7 ,0 0 0
100*85
2 5 ,0 0 0
101-25
5 4 0 ,0 0 0
1002 0 ,0 0 0
100*
7 0 ,5 0 0
1005
7 5 ,0 0 0
101-75
6 ,0 0 0 tio o *
7 .0 0 0
7 ,5 0 0
6 4 ,0 0 0
1 0 ,000
100,000
6 0 .0 0 0
1 5 0 .0 0 0
3 7 ,5 0 0
6 0 0 ,0 0 0
3 0 ,0 0 0
3 ,4 2 3
4 8 ,0 0 0
1 8 .000
10.000
2 5 ,0 0 0

100106104 11
105-33
1O0101*183
101-56
10212
100
1 0<>-03i3
nol o t -01
102-71
102-71
1091

T o ta l.......................................
....................... $ 6 ,0 1 1 ,1 9 3
A e g re g a te of sales for w h ich no p rice has

been rep o rted (from 42 m u n icip alities).

4,839,929

T o ta l sale* for F e b r u a r y ............................... 8 1 1,451 ,1 2 2

TOTKX.

t L ess a c o m m is sio n o f 2-0 p e r c e n t .
A new edition of o u r S t a t e and City S upplement
• T w o h u n d r e d a n d te n d o lla rs a llo w e d by c ity fo r b la n k b o n d s , a t
c o r r e c te d to as n e a r th e d a te o f p u b lic a tio n a s possible to rn ey 's fe e s, e tc .
w ill be issu ed e a rly in th e m o n th o f A p ril.
We make
t h i s a n n o u n c e m e n t in re sp o n se to n u m e ro u s inquiries

which have recently been received.

M UNICIPAL BOND SA LE S I N FE BRUARY.
T h e re c o rd o f m u n ic ip a l b o n d sa les f o r th e m o n th of
F e b r u a r y w h ic h is g iv e n below sh o w s t h a t th e to ta l
a m o u n t o f th e new issu e s m a r k e te d w as 1 1 1 ,4 5 1 ,1 2 2 ,
T h i s is a n in c re a s e o f # 4 ,3 7 8 ,8 5 5 o n th e a m o u n t re 
p o r te d f o r th e m o n th o f J a n u a r y . T h e to ta l sales d u r 
in g F e b r u a r y , 1883, w ere # 5 ,0 7 1 ,6 0 0 a n d in F e b u a r y , 1802, th e y w ore # 7 ,7 6 1 ,0 3 1 . S in c e th e first of
t h e y e a r th e m a rk e t f o r th is c lass of s e c u r itie s h as
s h o w n s te a d ily in c re a s in g a c tiv ity , w h ic h is e v id e n c e d
n o t o n ly by th e a d v a n c e in th e p ric e s p a id fo r r e c e n t
iss u e s, b u t also by th e u n u s u a lly la rg e n u m b e r of b id s
fo r m a n y of th e new lo a n s.
N o less t h a n tw e n ty -o n e
c itie s re p o rte d a lo n g lis t o f p ro p o s a ls re c e iv e d la s t
m o n th in resp o n se to th e ir b o n d o ffe rin g s.
I n o o r s ta te m e n t b elo w we g iv e th e p ric e s w h ic h w ere
p a id f o r F e b r u a r y lo a n s to th e a m o u n t o f # 6 ,6 1 1 ,1 3 3 ,
issu ed b y fifty -o n e m u n ic ip a litie s . T h e a g g r e g a te of
sa le s fo r w h ic h n o p ric e s w ere r e p o r te d is # 4 ,8 3 9 ,9 2 9 ,
a n d th e to ta l sales f o r th e m o n th # 1 1 ,4 5 1 ,1 2 2 . In
th e case o f e a c h lo an r e fe re n c e is m a d e to th e p a g e of
t h e CliROS'iCLK w h e re a fu ll a c c o u n t o f th e sa le is
g iv e n .
FKnBt iS T
R a te
5B&. Albany
N. V..
4
4
3 1 5 A lb a n y Co., S . V .
4
3 1 5 .. Albany Co.. ST. V ...
4
3 1 5 . .A lb a n y 0 o ., N . V
2 7 1 B a y o n n e . N J .........
%
3 0* .B a th . W. V a ............
a
4 0 1 .. Bsirn<omlJ<?, O h io .
6
3 51 B uffalo , N. Y ..........
3*a
4
8 5 4 . .B uffalo . N . Y ............
3 1 3 . ,B » « c Sob. D ie t..N o . t .
S tiv e r B ow C o.. Mon. 6
4 0 1 . .C a m b rid g e , M aas......... 4
401.
•
4
401. .C o lo rad o M i n g s , C o l 5
401 C o lu m b ia C n.. N. V . . . 4
3 3 4 . C in c in n a ti. O h io ......... 4
3 54
4

P ag t

P o e a ttm .

B o n d 8*1.**.
M a tu rity .
A m a u n l.
1 8 0 5 -1 9 0 0
$ 6 ,0 0 0
1 9 « 1 -1 9 0 6
6 .0 0 0
6 ,0 0 0
1907 -1 9 1 2
1 2 ,0 0 0
M ar. 1 ,1 9 1 3
5 0 ,0 0 0
1900
1 0 ,0 0 0
Dee, 1. 1908
1195-1911
11,265
3 0 0 ,0 0 0
Feti. 1. 1914
A u g .l. 1898
2 0 9 ,1 7 8
D e c. 1 ,1 9 1 3
F eb . 1 ,1 9 2 4
1 9 0 1 -1 9 0 7
190*
1 8 0 5 -1 9 0 2
J u ly 1 .1 9 1 8
O ct, 1 .1 9 2 3

2 5 ,0 0 0
2 5 0 .0 0 0
9 5 6 .0 0 0
2 5 ,0 0 0

15,000

100,01*4
2 0 0 .0 0 0

A w a rd .
1013
103*5
103-73
100-023
100-76
1 (Ki
ll* ) *218
1IKI-10
10103
100107-53
102 331
*100-04
107102-313
105-317

IND E BTE D N E SS A N D V A L U A T IO N OF C A L IF O R N IA
COUNTIES.
The valuation and iadebtednrai of each c aunty in the State
of California for the year 1893 have been reported to State
Comptroller E. P. Colgan, and the returns show that the total
value of all property in California is #1,216,71)0,283 as against
#1,273,816.223 in 189#. The total for 1893 is tn ide up of the
following item s: real estate, #757,930,207 ; improvements on
real estate, #212,388,163 ; personal property, including money,
#173,853,273, and railroad assessment, 842,478,640. The State's
assessed valuation in 1892 was #1,275,816,238.
During the past four years the aggregate indebtedness of all
the California counties has been cu t down from #7,235,826 in
1889 to #6,120 849 in 1893, the decrease being #1.163,477. In
1892 the total indebtedness of the counties was #6,256,801.
We give below a abort financial statement for each county
in California, the figures showing the debt and valuation
being taken from the State Comptroller's report for 189J.
The tax rate in each case is that levied upon property outside
the limits of incorporat’d cities and towns, and it includes a
road tax, from which property inside of cities and towns is
exempt. The city and county of San Francisco are under the
same government, and the debt of the county as reported
below includes that incurred for city purposes. Similar
statements giving the returns for the years 1891 and 1892
were published in the C h r o n i c l e , vol. 54, page 535, and vot.
55, page 867. These may be found interesting at present for
the purpose of comparison.
The details of the bonds issued by many of these 'counties
will be foun l in our State and C ity S upplement .
IN D E B T E D N E S S A N D V A L U A T IO N B Y C O U N T IE S .
A la m ed a Co u n t y .— T he c o u n ty s e a t is O a k la n d .
B o n d ed debt 1-o n ..............
320,000 ; T ax ra te (per $1.000)...... 813-50
. .
26,823 Population in 1 3 9 0 w a s ....... 9 3 ,6 6 4

Tax valuation 1993 .. 08,606,5,v , j population ill 1880 was....... 62,976
A l p i n e C o u n t y . — T h e c o u n t y s e a t is M a r k l e e v i l l e .

Floating- d e b t..... ............. ..#20,(64 I T a x ra t- (per $1,000)............$25-00
Tn V valuation 1993............. 205,088 I Population in 1990 was.................. 607
A m a dor Co u n t y ,

-The county Beat is Jackson. This county

has no debt.
T a x v a lu a tio n 1 9 9 3 ... $ 4 ,2 8 7 ,1 4 8 I T a x r a te (p e r $ 1 ,0 0 0 ) 1 8 9 3 .f2 0 ;0 0
T-ttx v a lu a tio n 1:892... , t ,l 13,312 j P o p u la tio n In 1890 w a s........10,320

B utte County.—The county seat is Oroville.
B o n d ed d e b t 1 8 9 3 ...........
$ 3 3 ,0 0 0 i T a x r a t e (p e r $ 1 .0 0 0 )............$14-00
T a x v a lu a tio n 18 9 3 . ...1 7 ,9 1 9 ,4 6 6 | P o p u la tio n in 1 8 9 0 w a s........1 ,,9 3 9

Ill

THE CHRONICLE.

C alaveras C ounty . —The county seat is San Andreas.
B o n d e d d e b t 1 8 9 3 .............. $ 4 2 ,2 0 0 | T a x r a t e (p e r $ 1 ,0 0 0 )............$ 1 9;00
F lo a tin g d e b t..........................
6 ,3 8 0 P o p u la tio n in 1 8 9 0 w a s ....... 8,8 82
T a x v a lu a tio n 1 8 9 3 ...........4 ,7 8 7 ,3 6 3 | P o p u la tio n i n 1 8 8 0 w a s ....... 9 ,0 9 4
C olusa County .—The county seat is Colusa.

This county

has no debt.
T a x v a lu a tio n 1 8 9 3 .. .$ 1 4 ,1 8 6 ,0 6 6 | P o p u la tio n in 1 8 9 0 w a s ....... 1 4 .6 4 5
T a x r a te (p e r $ 1 ,0 0 0 ).
14 0 0 | P o p u la tio n in 1 8 8 0 w a s ........1 8 ,1 18

Contra Costa County . —The county seat is Martinez.
B o n d e d d e b t 1 8 9 3 ..........
$ 7 ,0 0 0
F lo a tin g d e b t...................
6 ,3 5 9
T a x v a lu a tio n 1 8 9 3 ___ 1 6 ,2 1 6 ,2 9 2

T a x v a lu a tio n 1 8 9 2 .. .$ 1 5 ,6 8 6 ,3 0 8
T a x r a t e (p e r $ 1 ,0 0 0 ) 1 8 9 3 .$ 1 4 0 0
P o p u la tio n in 1 8 9 0 w a s ........13,5 15

D e l N orte Count y.- The county seat is Crescent City.
B o n d e d d e b t 1 8 9 3 .............
$ 6 ,2 0 0
F lo a tin g d e b t .....................
2 ,0 3 3
T a x v a lu a tio n 1 8 9 3 .......... 2 ,2 0 4 ,4 4 7

T a x r a t e (p e r $ 1 ,0 0 0 )............ $ 19-50
P o p u la tio n i n 1 8 9 0 w a s ........ 2,5 92
P o p u la tio n in 1 8 8 0 w a s ........ 2 ,5 8 4

E l D orado County .—The co u n ty seat is Placerville.
B o n d e d d e b t 1 8 9 3 ............. $ 1 4 8 ,0 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 )............... $ 2 1 0 0
T a x v a lu a tio n 1 8 9 3 ......... 3 ,8 9 7 ,1 5 2 | P o p u la tio n in 1 8 9 0 w a s ........ 9 ,2 3 2

F resno C ounty .—T he c o u n ty seat is F resno City.
B o n d e d d e b t 1 8 9 3 ..........
$ 7 9 ,1 6 6 T a x r a t e (p e r $ 1 ,0 0 0 ).......... $ 1 8 '0 0
T a x v a lu a tio n 1 8 9 3 ___3 5 ,7 5 5 ,5 7 6 P o p u la tio n in 1 8 9 0 w a s .......3 2 ,0 26
G lenn C ounty .—The co u n ty seat is W illow .
B o n d e d d e b t 1 8 9 3 ...........
$ 8 0 ,0 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 )............. $ 1 4 80
T a x v a lu a tio n 1 8 9 3 ____1 2 ,5 0 8 ,2 5 5 |
H umboldt C ounty .—The county seat is Eureka.
B o n d e d d e b t 1 8 9 3 ..........
$ 9 1 ,0 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 )............. $ 17-00
T a x v a lu a tio n 1 8 9 3 ____1 8 ,1 4 8 ,8 3 2 | P o p u la tio n i n 1 8 9 0 w a s ........ 2 3 ,4 6 9

I nyo County .—T he county seat is Independence.

[Y ol. LVIII.

S an B enito C ounty . —The county seat is Hollister.
B o n d e d d e b t 1 8 9 3 ............. $ 3 0 ,0 0 0 I T a x r a te (p e r $ 1 ,0 0 0 )............$ 1 7 0 0 '
T a x v a lu a tio n 1 8 9 3 ..........6 ,6 2 7 ,7 6 4 | P o p u la tio n i n 1 8 9 0 w a s .......... 6 ,4 1 2
S an B ernardino C ounty .—The county seat is San Ber

nardino.

B o n d e d d e b t 1 8 9 3 . .. .
$ 9 ,9 8 7
T a x v a lu a tio n 1 8 9 3 .. .1 8 ,9 7 3 ,5 5 7

T a x r a t e (p e r $ 1 ,0 0 0 )........... $ 1 8 3 0
P o p u la tio n in 1 8 9 0 w a s ....... 2 5 ,4 9 7

San D ieg o County ,—The county seat is San Diego.
B o n d e d d e b t 1 8 9 3 .......... $ 2 6 1 ,5 0 0 | T a x v a lu a tio n 1 8 9 2 ... .$ 2 9 ,1 6 2 ,8 0 8
F lo a tin g d e b t...................
2 8 ,8 7 7 T a x r a t e (p e r $1,0 0 0 ) 1 8 9 3 .$ 1 8 -5 0
T a x v a lu a tio n 1 8 9 3 ... .2 4 ,7 0 9 ,6 0 0 | P o p u la tio n in 1 8 9 0 w a s ........3 4 ,9 8 7
S an F rancisco C ounty .—The county seat is San Francisco.
B o n d e d d e b t 1 8 9 3 ........ $ 1 ,0 4 1 ,0 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 )............ $16-06
T a x v a lu a tio n 1 8 9 3 .. .3 4 2 ,8 5 2 ,7 0 3 | P o p u la tio n i n 1 8 9 0 w a s . . .2 9 8 ,9 9 7
S an J oaquin County .—The c o u n ty seat is S tockton.
B o n d e d d e b t 1 8 9 3 .......... $ 2 6 9 ,0 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 ).............$13 00
T a x v a lu a tio n 1 8 9 3 ... .4 0 ,3 0 7 ,1 5 9 | P o p u la tio n In 1 8 9 0 w a s ........ 2 8 ,6 2 9
S an L u is Obispo C ounty . —The county seat is San Luis

Obispo.
B o n d e d d e b t 1 8 9 3 .......... $ 1 5 3 ,5 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 )........... $15-00
T a x v a l u a t i o n 1 8 9 3 ....1 5 ,6 5 0 ,9 1 6 | P o p u la tio n in 1890 w a s .......1 6 ,072

S an Mateo Co u nty .—The county seat is Redwood City.
B o n d e d d e b t 1 8 9 3 ..........
$ 7 8 ,0 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 ).............$13-00
T a x v a l u a t i o n 1 8 9 3 ___ 1 7 ,0 2 8 ,3 9 7 | P o p u la tio n i n 1 8 9 0 w a s .........1 0 ,0 8 7
S anta B arbara C ounty .—The county seat is Santa Bar

bara.
$ 3 ,0 0 0 I T a x v a lu a tio n 1 8 9 2 ...$ 1 7 ,0 7 0 ,1 5 4
B o n d e d d e b t 1 8 9 3 ...
F lo a tin g d e b t.............
7 ,8 5 0 T a x r a t e (p e r $ 1 ,0 0 0 ).
15-00
T a x v a lu a tio n 18 9 3 . ..1 7 ,1 2 8 ,6 6 9 I P o p u la tio n in 1 8 9 0 w a s ........1 5 ,754

B o n d e d d e b t 1 8 9 3............. $ 6 4 ,0 0 0
F lo a tin g d e b t.......................
990
T a x v a lu a tio n 1 8 9 3 ...........1 ,6 6 3 ,7 7 9

_

T a x r a t e (p e r $ 1 ,0 0 0 )............$18-00 [
S a n t a C l a r a C o u n t y .— T h e c o u n t y s e a t i s S a n J o s e .
P o p u la tio n i n 1 8 9 0 w a s ........ 3,544
P o p u la tio n i n 1 8 8 0 w a s ........ 2,928 B o n d ed d e b t 1 8 9 3 ............. $ 1 9 8 ,0 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 )......... $ 1 3 0 0
T a x v a lu a tio n 1 8 9 3 ___ 5 6 ,4 5 4 ,5 9 1 \ P o p u la tio n i n 1 8 9 0 w a s ........4 8 ,0 0 5
K e r n C o u n t y . — B a k e r s f i e l d is t h e c o u n t y s e a t .
S a n t a C r u z C o u n t y .— T h e c o u n t y s e a t i s S a n t a C r u z .
B o n d e d d e b t 1 8 9 3 ...........
$ 2 0 ,0 0 0 I T a x r a t e (p e r $ 1 .0 0 0 ).............$ 17-50 B o n d e d d e b t 1 8 9 3 .......... $ 1 3 0 ,0 0 0 T a x v a lu a tio n 1 8 9 2 . ..$ 1 2 ,3 1 3 ,2 3 1
T a x v a lu a tio n 1 8 9 3 ____1 4 ,4 1 9 ,5 7 0 | P o p u la tio n in 1 8 9 0 w a s .......... J),8 0 8 F lo a tin g d e b t ...................
6,5 2 3 T a x r a t e (p e r $ 1 ,0 0 0 ) 1893. $17-25
T a x v a lu a tio n 1 8 9 3 ___1 2 ,6 0 8 ,2 8 6 P o p u la tio n in 1 8 9 0 w a s ........1 9 ,2 7 0
K in g s C o u n t y .—
S h a s t a C o u n t y .— T h e c o u n t y s e a t i s S h a s t a .
F lo a tin g d e b t 1 8 9 3 ..........
$ 7 ,6 0 0 I T a x r a t e (p e r ($ 1 ,0 0 0 )..........$ 14-50
T a x v a lu a tio n 1 8 9 3 ..........7,2 4 3 ,8 2 2 |
B o n d e d d e b t 1 8 9 3 .............. $ 7 2 ,0 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 )...........$ 1 9 -0 0
F lo a tin g d e b t .....................
7 ,2 4 4 P o p u la tio n i n 1 8 9 0 w a s .........1 2 ,1 3 3
L a k e C o u n t y . — T h e c o u n ty s e a t is L a k e p o r t.
T a x v a lu a tio n 1 8 9 3 .........7,497,51-1 | P o p u la tio n i n 1 8 8 0 w a s ......... 9 ,4 9 2
B o n d e d d e b t 1 8 9 3 ............. $ 4 7 ,8 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 )............ $ 1 8 -50
S ie r r a C o u n t y .— T h e c o u n ty s e a t is D o w n ie v ille .
T a x v a lu a tio n 1 8 9 3 ........... 3 ,7 7 9 ,0 0 8 | P o p u la tio n in 1 8 9 0 w a s ........ 7,101
L a s s e n C o d n t y . — T h e c o u n t y s e a t i s S u s a n v ille .
T h i s B o n d e d d e b t 1 8 9 3 .............. $ 1 6 ,7 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 )........... $ 2 8 -0 0
T
a
x v a lu a tio n 1 8 9 3 ......... 1 ,4 7 3 ,0 6 7 | P o p u la tio n i n 1 8 9 0 w a s ......... 5,0 5 1
c o u n ty h a s n o d e b t.
S i s k i y o u C o u n t y .— T h e c o u n t y s e a t i s Y r e k a .
T a x v a lu a tio n 1 8 9 3 ___$ 2 ,9 9 9 ,2 8 6 I P o p u la tio n in 1 S90 w a s .......... 4 ,2 3 9
T a x r a t e (p e r $ 1 ,0 0 0 ) ...
2 0 0 0 | P o p u la tio n in 1 8 8 0 w a s .......... 3 ,3 4 0 B o n d ed d e b t 1 8 9 3 .............. $ 8 6 ,2 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 )........... $ 1 5 -5 0
T a x v a lu a tio n 1 8 9 3 .........8 ,4 9 9 ,6 7 4 | P o p u la tio n in 1 8 9 0 w a s ..........1 2 ,1 6 3
L o s A n g e l e s C o u n t y , — T h e c o u n t y s e a t i s L o s A n g e le s .
S o l a n o C o u n t y .— T h e c o u n t y s e a t i s F a i r f i e l d .
B o n d e d d e b t 1 8 9 3 ........................ $ 9 9 8 ,5 0 0 I
T a x r a t e (p e r $ 1 ,0 0 0 ).$ 16-313
T a x v a lu a tio n 1 8 9 3 ---- 7 7 ,2 4 4 ,0 5 0 | P o p u la tio n i n 1 8 9 0 w a s . . . 101,454 B o n d ed d e b t 1 8 9 3 ............
$ 2 3 ,0 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 ).......... $12-50
T
a
x v a lu a tio n 1 8 9 3 ___ 2 0 ,1 1 3 ,9 9 9 | P o p u la tio n in 1 8 9 0 w a s .........2 0 ,9 4 6
M adera Coonty. —
S o n o m a C o u n t y .— T h e c o u n t y s e a t i s S a n t a R o s a .
F lo a tin g d e b t 1 8 9 3 ..................... $ 1 4 ,3 8 3 | T a x r a t e (p e r $ 1 ,0 0 0 ).$14-50
T a x v a lu a tio n 1 8 9 3 ..................... 6 ,9 2 1 ,6 1 9 |
B o n d e d d e b t 1 8 9 3 ............ $ 2 1 5 ,7 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 ).......... $ 1 3 -0 0
T
a
x v a lu a tio n 1 8 9 3 ___ 3 1 ,0 1 3 ,2 0 9 | P o p u la tio n in 1 8 9 0 w a s .........3 2 ,721
M a r in C o u n t y . — T h e c o u n ty s e a t is S a n R a f a e l.
S t a n i s l a u s C o u n t y . — T h e c o u n t y s e a t i s M o d e s to .
B o n d e d d e b t 1 8 9 3 .......... $ 2 5 8 ,0 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 )...........$ 1 3 00
F lo a tin g d e b t ...................
1 5 0 P o p u la tio n i n 1 8 9 0 w a s ___ 13,072 B o n d e d d e b t 1 8 9 3 ..........
$ 2 2 ,0 0 0 T a x .r a te (p e r $ 1 ,0 0 0 )............ $ 1 3 -0 0
T a x v a lu a tio n 1 8 9 3 ....1 2 ,8 2 1 ,8 6 2 | P o p u la tio n in 1 8 8 0 w a s ....1 1 ,3 2 4 F lo a tin g d e b t...................
4 ,7 8 4 P o p u la tio n in 1 8 9 0 w a s .........1 0 ,0 4 0
T
a
x
v
a
l
u
a
t
i
o
n
1
8
9
3
---1
7
,1
2 6 ,8 2 7 P o p u la tio n i n 1 8 8 0 w a s ........ 8,7 5 1
M a r i p o s a C o u n t y . — T h e c o u n t y s e a t is M a r ip o s a . T h is
S u t t e r C o u n t y .— T h e c o u n t y s e a t is Y u b a C i t y .
c o u n ty h a s n o d e b t.
T a x v a lu a tio n 1 8 9 3 ___ $ 1 ,8 3 0 ,4 1 0 I P o p u la tio n in 1 8 9 0 w a s __ 3,787 B o n d e d d e b t 1 8 9 3 ............... $ 1 1 ,0 0 0 I T a x r a t e (p e r $ 1 .0 0 0 )........ $ 1 3 -0 0
T a x r a t e (p e r $ 1 ,0 0 0 ) ..
2 5 -0 0 | P o p u la tio n in 1 8 8 0 w a s .........4,339 T a x v a lu a tio n 1 8 9 3 ............9 ,4 9 4 ,6 4 2 | P o p u la tio n in 1 8 9 0 w a s ...... 5 ,4 6 9
T e h a m a C o u n t y . — T h e c o u n t y s e a t is R e d B l u f f .
M e n d o c i n o C o u n t y .— T h e c o u n t y s e a t i s U k i a h .
$ 7 4 ,0 0 0 | T a x r a t e (p e r $ 1 ,0 0 0 )........$ 1 6 '5 0
B o n d e d d e b t 1 8 9 3 .....................
$ 9 7 ,0
T 0a 0x v a lu a tio n 1 8 9 2 ...$ 1 2 ,2 0 8 ,0 5 7 B o n d e d d e b t 1 8 9 3 ...............
F lo a tin g d e b t 1 8 9 3 ...................
1 3 ,6
T 8a7x r a t e (p e r 1,000) 1 8 9 3 ..$ 1 8 -0 0 T a x v a lu a tio n 1 8 9 3 ____ 1 1 ,4 6 5 ,8 5 2 | P o p u la tio n i n 1890 w a s ..... 9 ,9 1 6
T a x v a lu a tio n 1 8 9 3 _________1 1 ,9 3 6 ,5P5o9p u la tio n In 1 8 9 0 w a s ___17,612
T r i n i t y C o u n t y . — T h e c o u n t y s e a t is W e a v e r v i l l e .
M erced County .- The county seat is Merced.
B o n d ed d e b t 1 8 9 3 .......... $ 4 3 ,4 5 0 I T a x r a t e (p e r $ 1 ,0 0 0 )............ $30-00
4 83 P o p u la tio n in 1890 w a s ...... 3,7 1 9
B o n d e d d e b t 1 8 9 3 ........... $ 1 2 8 ,9 0 0 | T a x r a t e (p e r $ 1 ,0 0 0 )........... $ 15-00 F lo a tin g d e b t .......................
T a x v a lu a tio n 1 8 9 3 ............1 ,3 7 8 ,4 0 0 | P o p u la tio n i n 1 8 8 0 w a s ...... 4 ,9 9 9
T a x v a lu a tio n 1893 — 1 5 ,1 8 8 ,0 8 3 | P o p u la tio n In 1890 w a s .......8,085
T u l a r e C o u n t y .— T h e c o u n t y s e a t i s V i s a l i a .
M o d o c C o u n t y .— T h e c o u n ty s e a t is A ltu r a s .
$ 2 3 ,5 0 0 I T a x r a t e (p e r $ 1 .0 0 0 )........$1 5 -5 0
F lo a tin g d e b t 1 8 9 3 ..........
$ 6 8 9 I T a x r a t e (p e r $ 1 .0 0 0 )............$17-00 B o n d e d d e b t 1 8 9 3 ...............
T a x v a lu a tio n ..................... 3 ,3 6 4 ,1 1 0 | P o p u la tio n in 1 8 9 0 w a s ..........4,986 T a x v a lu a tio n 1 8 9 3 ____ 2 3 ,2 4 7 ,2 2 6 | P o p u la tio n in 1 8 9 0 w a s ......2 4 ,5 7 4
T u o l i m n u e C o u n t y . — T h e c o u n t y s e a t is S o n o r a .
T h is
M o n o C o u n t y .— T h e c o u n ty s e a t is B rid g e p o r t.
B o n d e d d e b t 1 8 9 3 ............... $ 1 0 ,0 0 0 | T a x r a t e (p e r $ 1 ,0 0 0 )............ $ 2 0 00 c o u n t y h a s n o d e b t .
T a x v a lu a tio n 1 8 9 3 ............. 8 4 6 ,8 1 4 | P o p u la tio n in 1 8 9 0 w a s .......... 2,002 T a x v a lu a tio n 1 8 9 3 $ 3 ,2 8 6 ,6 7 0 I T a x r a t e (p e r $1,0 0 0 ) 1 8 9 3 .$ 1 8 -5 0
T a x v a lu a tio n 1 8 9 1 ____ 3 ,0 4 7 ,8 9 5 | P o p u la tio n i n 1 8 9 0 w a s ..... 6 ,0 8 2
M o n t e r e y C o u n t y .— T h e c o u n ty s e a t is S a lin a s .
V e n t c r a C o u n t y . —T h e c o u n t y s e a t is S a n B u e n a v e n t u r a .
B o n d e d d e b t 1 8 9 3 .......... $ 1 6 0 ,0 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 )............$15-00
T a x v a lu a tio n 1 8 9 3 ___ 1 8 ,8 9 4 ,0 1 3 | P o p u la tio n in 1890 w a s ........ 18,037 B o n d ed d e b t 1 8 9 3 .......... $ 1 0 ,0 0 0 I T a x r a t e (p e r $1,0 0 0 ) 1 8 9 3 $18-00
T a x v a lu a tio n 1 8 9 3 ........... 8 ,5 1 1 ,1 6 3 | P o p u la tio n in 1 8 9 0 w a s ........1 0 ,071
N a p a C o u n t y .— T h e c o u n t y s e a t i s N a p a C i t y .
Y o l o C o u n t y .— T h e c o u n t y s e a t i s W o o d l a n d .
B o n d e d d e b t 1 8 9 3 ..........
$ 7 9 ,0 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 )............$ 1 6 50
T a x v a l u a t i o n 1 8 9 3 ------1 4 ,5 7 9 ,1 8 2 | P o p u la tio n in 1 8 9 0 w a s ___ 16,411 B o n d ed d e b t 1 8 9 3 ..........
$ 4 7 ,5 0 0 T a x r a t e (p e r $ 1 ,0 0 0 )............ $1 2 -0 0
F lo a tin g d e b t....................
6,305 P o p u la tio n in 1 8 9 0 w a s ........ 1 2 ,684
N e v a d a C o u n t y .— T h e c o u n t y s e a t is N e v a d a C i t y .
T a x v a l u a t i o n 1 8 9 3 — 2 0 ,7 9 8 ,9 8 0 P o p u la tio n in 1 8 8 0 w a s ........ 1 1 ,7 7 2
B o n d e d d e b t 1 8 9 3 ............
$ 6 ,3 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 )............$24-50
Y uba County .—The county seat is Marysville
T a x v a lu a tio n 1 8 9 3 ........... 5 ,9 5 5 ,6 5 6 ] P o p u la tio n in 1 8 9 0 w a s ___ 1 7 ,369
O r a n g e C o u n t y .— T h e c o u n t y s e a t i s S a n t a A n a . T h i s B o n d e d d e b t 1 8 9 3 ............ $ 7 1 ,0 0 0 T a x r a t e (p e r $ 1 .0 0 0 )............ $2 2 -5 0
F
lo
a tin g d e b t .....................
0,178 P o p u la tio n I n 1 8 9 0 w a s ........ 9 ,6 3 6
c o u n ty h a s n o d e b t.
T a x v a lu a tio n 1 8 9 3 .......... 7 ,1 6 6 ,9 7 0 P o p u la tio n in 1 8 8 0 w a s ........ 1 1 ,2 8 4
T a x v a lu a tio n 1 8 9 3 ...$ 1 0 ,0 7 5 ,0 2 0 I P o p u la tio n in 1 8 9 0 w a s.
13 589
T a x r a te (p e r $ 1 , 0 0 0 ) .
1 7 -5 0 |
P l a c e r C o u n t y . - The county seat is Auburn. This county
West V irginia Debt.—The Virginia Legislature has passed
h a s n o d e b t.
a resolution providing for the appointment of a commission of
T a x v a lu a tio n 1 8 9 3 .. .$ 1 0 ,2 7 2 ,1 1 7 I T a x r a te (p er $ 1 ,0 0 0 ) 1 8 9 3 .$ 1 6 -8 0
T a x -v a lu a tio n 1 8 9 2 ... 1 0 ,2 7 5 ,0 6 0 | P o p u la tio n i n 1 8 9 0 w a s ........15,101 seven, with authority to negotiate with West Virginia and
P l u m a s C o u n t y .— T h e c o u n t y s e a t i s Q u i n c y .
obtain a settlement of her portion of the debt of the old State.
B o n d e d d e b t 1 8 9 3 ........... $ 4 4 ,2 0 0 I T a x r a t e (p e r $ 1 ,0 0 0 )............ $26-00
The members of the Commission are : Taylor Berry, Chair
T a x v a lu a tio n 1 8 9 3 ......... 2 ,i0 7 ,8 3 1 | P o p u la tio n in 1890 w a s ........ 4,933
man of the Senate Finance Committee ; Mr. Moon, Chairman
R i v e r s i d e C o l n t y .—
F lo a tin g d e b t 1 8 9 3 ........
$ 3 8 ,1 2 8 I T a x r a t e (p e r $ 1 ,0 0 0 )
$18-50 of the Finance Committee of the House; senators Flood and
T a x v a l u a t i o n 1 8 9 3 ___1 3 ,7 5 4 ,7 9 3 I
Wickham and representatives Downing, Harrison and Rhea.
S acram ento Co u n ty .— T he
B o n d e d d e b t 1 8 9 3 .......... $ 5 8 4 ,0 0 0
F lo a tin g d e b t....................
2 0 ,7 1 2
T a x v a lu a tio n 1 8 9 3 ___ 3 1 ,3 0 9 ,3 2 3

c o u n ty s e a t is S a c r a m e n to .
| T a x r a t e (p e r $1 ,0 0 0 )
$ 14-50
P o p u la tio n iu 1 8 9 0 w a s.
4 0 3 30
| P o p u la tio n in 1 8 8 0 w as.
34 3 90

Judge Rhea was appointed by the Governor. The resolution
authorizes a settlement.on any terms satisfactory to a major
ity of the holders of the Virginia deferred certificates.

M-iKCH 10, 1894.]

THE CHRONICLE.

445

B o n d P r o p o s a l * a n d N e g o t i a t i o n s . —We have r. - $18,000 and 5 per cent 5-vear certificates to the am ount o f
jeived through the week the following notices of 1 onos $60,000.
Jefferson County, Ohio.—( S t a t e a n d C i t y S u p p l e m e n t ,
recently negotiated and bonds offered and to be offeree for
page 82 ) —Six per cent assessment bonds of this county to the
am ount of $15 000 were offered for sale on February 27. Fol
A lie n , S. C.—The election to vote on issuing water-works lowing is a list of the bids received:
hoods, which took place in this city oa February 19, resulted
Bid.
ErcU ature B ank. S teubenville, O ...................................... $15,37S
in favor of the proposition. The am ount to ’ be issued is Nation*!
D eitz. D en iso n A P rio r. C le v e la n d . 0 .................................................... 1 5 .H 4
*50,000.
Spitzer* Co., Toledo. O .... .................................................. 15,317
Akron, Ohio.—(State and C its' S upplement . page 77. V— Steubenville N ational Bank to r S4.500.................................... -1,500
The 5 per cent street improvement bonds of Akron to the J . W, B o u e s tre e t A C o., B outon, Mass ...................................... 1 6 ,0 1 0
Interest is payable semi-annually on March 1 and Septem
am ount of $lbl,360 were sold on March 3 to Spitzer & Co., of
Toledo, Ohio, for a premium of $2,42’ . A list of the bids re ber 1, both principal and interest being payable a t the Treas
urer’s office, and $500 of the bonds m ature March 1. 1895,
ceived is as follows :
A m o u n t hid. $300 March 1. 1890. $500 March I. 1897. $500 September 1,
German American Investment Co., New Y o r k ....... ................#131,789 1>97, $300 March 1, 1898, 8500 March 1, 1899. $500 September
Farcm, Leach A <>., Sow York........................................... .. 133,136
1899, $500 March 1, 1909, $500 March 1. 1901, and $10,500
Blair* Co.. Se«r York............................................................ 133,413 I,
March 1, 1902.
1 5 .- .:..
•■-. a ■.... ■
‘ ..............................................
W. J. Hayes A 9dm , Cleveland, O. idointerest •
............... 134,4tW
K earney Neb.—(State and C ity Supplement , page 133,)—
: i
....... ................... ... ........... 133,426
B . la B « f * Co., Boston, Mae*.............. ........................................ 133,403 The citizens of Kearney will vote on April 3 on the proposi
tion of issuing $60,000 of improvement bonds.
. ■ .
.
.
................................ ........ 1 .
Spitzer & CO.. Toledo, 0 .......................................................... 133,627
Louisville, Ky.—(S tate and C ity S upplement , page 158.)
C. H. White A Co., Toledo, 0 ................................................... 133.0X1
Street, Wyke* & Co.. Toledo. O .............................................. 1-2.049 —It is reported that the Louisville sinking fund has this week
The bonds are dated March 3, 1804, bear interest at the rate canceled $287,705 of the city's bonded indebtedness. After
of 5 per cent, payable semi-annually, and mature part yearly this year the sinking fund wit! have very little to pav until
1900.
in from one to six years.
MiUedgpvllle, h a .—Sealed proposals will be received until
B altim ore. Md.—(State and City S upplement , page 74.)
—It is reported that the City Council of Baltimore has de April 17 a t the office of P. L. Fair, City Treasurer, for the p u r
cided to {ray off one-half of the $4,000,000 of w ater bonds chase of $18,000 of city bonds. The loan will be dated May 1,
w hich m ature Ju ly t, 1894, and to refund the remainder br 1894, and will bear interest a t the rate of 8 p*>r cent, payable
an issue of 4 per cents.
annually on December 1. At least $100 of the principal wilL
Bellevue, Pa.—On February 20 the citizens of this borough lie paid annually, the whole am Mint to be discharged within
thirty years.
■voted to issue borough bonds for $25,000.
Bessemer. Colo.—An election will be held at Bessemer in
Neo-ho. Mo.—do election will be held at Neosho on April 17
April to vote on issuing $35,000 of sewer bonds.
to vote on issuing $13,000 of electric-light bonds.
Bethany, .lo .—W ater-works and electric-light bonds to the
Oceanside, Cal.—The proposition of issuing $30,000 of bonds
am ount of $40,000 have recently been voted.
for a water- works system was recently defeated.
Brooklyn, N. T.—(State and (T ty StrmjHM ST, page 44.
P erry , 0 . T.—Ofty Treasurer George B. F arrar will receive
—Brooklyn bonds to the am ount of $800,000 will soon be of bid* until March 18 for the purchase of 8 per cent 10-80 year
fered for sale. One-half of the am ount will be issued for municipal bonds to the am ount of $80,000.
sewers and the remainder for the purchase of Navy Yard lands
Red Wing, M inn.—(State and City S upplement , page
and improvements.
106.1—The Flection to vote on issuing $70,000 of bo ads for a
Colfax, Colo.—Sidewalk and electric-light bonds to the wagon budge resulted in favor of the proposition.
am ount iff $18,000 are under consideration.
St. B ernard, O hio,—Bids will be received until April 5 by
Cleveland, Ohio.—(State and C ity S upplement , page 79.) J. G O p eraan n , clerk, for the purchase of the $85,000 of
—Sealed proposals will be received until March 33 at the office water-works and electric-light bonds Tne bonds will bear
of W. A, Madison, City Auditor, for the purchase of $100,000 interest at the rate of 5 per cent and will run 20 years.
of 4 per cent funded debt coupon bonds m aturing April 1,
St. John'*, R ich.—The election to vote on issuing $30,000
4804. Interest will be payable semi-annually. both principal of sewer bonds will take place in this village on March 19,
and interest being payable a t the American Exchange National
Seattle, Wash - S tate a sp C ity S upplement , page 148.)
- ■ :.
•
>4
- rn I-., i unti Miroh 27 at the office of J . M.
eluding $0,808,000 of bonded debt and $330,808 of temporary Carson. City Comptroller, for the purchase of $2,850 of local
loans. The net debt (after deducting water debt, $l,T75,W*i. improvement bonds. The loan will bear interest a t th e rate
and staking fund, $2,l8l,702i U f6.U4.lfi0, of which fSI&OOO of 9 per cent, pav tbte sem i-annual^ a t the office of $he City
will !»• paid on April 1. The city's a-.-, --ed valuation u $136,- Treasurer, and will become due in 10 year*.
610,990, the real vajoatkm being about $-500.W0,flfW. The
Bid* wore also to be received until March 7, at the Comp
present population i* «*0ioaUxl at 800,hud,
troller - office, for tin* purchase of local im provem ent bonds
Colombo*. Ohio.— Staty aj»D CITY S upplement . pagu 80.) to th»* am ount Of $7,473. Interest a t the raw of 9 per cent
I t is n p o r ta l th a t the •city of Obhunho* ha* w eentlv -sold wiB be payable -••mi-aumiHlh at th e City Treasurer's office,
and the bonds will m ature in 10 years,
$2u,775 of sewer bond*.
S ten b e m llle, Ohio,—(Stats \ ni> C ity S upplement , page
Elbow f.ake, S lim .—The citizen* of S h o w Lake will vote
84.}—The people of this city will vote a t the spring election on
oa the (jucntioii of issuing $00,000 of water-works bonds.
M a rt, M ick.—The people rff E vart will vote on issuing th<* proposition of issuing $173,000 of water-works bonds.
Toledo, Ohio.—(S tate and City S upplement , page 84. >—
$5,000 or elec trie-light bonds.
will be received until April 3 by Jam es II. P beatt, City
F lushing, N. T,—Four per cent street improvement bonds Bids
to the am ount of $34,000 have lawn wild a t I05. The hemri- Auditor, fur the purchase of $2?,283 88 of street im provem ent
5*j» m ature at the la te of $4,900 y w ilr from May 1, 19U), u> bonds. The bunds will bear interest at the rate of 3 per cent,
payable wmi-annually, $2,0»3 88 m aturing Feb. 86, 1895, and
May 1, 1917, and $2,000 on May 1. 1918.
$3,800 B' lni-aonually thereafter until Aug. 38, 1899. Both
F reeport, N. T,—W ater-works bond* to the am ount of principal .and interest will lx» payable at the office of the City
$25,000 were sold on February 23.
Treasurer.
H illsboro County, K. II.—The $117,000 of funding bonds
f p s h u r Coouty. W . T a.—The districts of Meade and Banks
offered for salt on March 1 were aw arded lo G. A. Feroald <£ will vole on the proposition to insure bond* to the amount of
Co., of Boston, Maes., for a premium of $1,015 23. The fol $2o,000 to aid in building a railroad from Hampton to Center
lowing is a list of the bid* received:
ville. The district- of Btre.khannon, W arren an d Union are
„ „ .. ,
P rm m u m .
E. H . B e ilin s A S o n .....................................................................................$ 1 .0 1 2 7 7 to vote on bonds for $31,000 in aid of another road from
Blodget. Merritt * Cn......................................... .................. 1,00S 55 Belingbm to Buckhaonoii. A local official writes th a t it is
Hr'«*ter.c«M> A EsUDrtmk .. .............................. . 1,012 j O probable that both propositions will be voted down.
R. U Day A Co........................................................................ 1,013 Hi
!• W-Haww a c to ....... .............................................. ........... l.ooueo
W arren, Ohio,—The bid* received on March 1 for $4,000 of
O. A r«n»M A Os.........................................................
1,015 23 sewer bonds ranged from $8 75 premium to $32 50 premium.
l Interest is payable at the rate of 4 per cent, and the bonds The bonds were aw arded to the First National Bank of N iles..
m ature January l, 1914, with an option of call after January 0 . , theirs being the highest bid. The next lowest bids wer» 10^
■1, 1904.
$50 and $2* premium. The loan bear* interest at the rate of
4. rkM inrllte, F la.—(State and C ity S upplement , page 5 per cent, payable semi-annually on March 1 and September
168.)—Sealed proposals will be received until April 3. 1894, 1, both principal and interest being payable a t the City Treas
for $1,000,000 of 5 per cent coupon bond* of the city of Jack urer’* office, and the bonds will m ature a t the rate of $500
sonville. issued for the purpose of retiring the city's present yearly from March 1, 1895, to March 1, 1902,
bonded debt ($200,000) and making certain public ImproveIVInton f’lace. Ohio.—W e give below a list of bids which
meets. Interest will lie payable semi-annually and the prin wore received on February 28 for $8,428 09 of assessment
cipal will m ature in m years. Bids should be addressed to bonds:
George R, Foster, Chairman of the Trustees of the W ater
Bid.
It. gleybolte A C o., Cincinnati, O............................................»3.70ft 39
works and Improvement Bonds.
O e tn ts n N a tio n a l B a n k . C in c in n a ti. O .............................................. 3 ,4 0 8 0 0
Jam estown, N. T.—(State and City 8on.EU F.jrr page 4s .) Atlas National B ank. Cincinnati. O....................................... 3,535 78
Central Trn-t .V8life Deposit. Cincinnati. 0 .......................... 3,865 60
—Robert Bryan, Secretary of the Board of Public Work?, SeMongntNl
A Mayer, Cincinnati, O....................................... 3,494 00
writes the
i . e that the t ity of Jam estow n is offering Centerville National
B a n k .................................................... 3,503 39
for sate 4 per cent 15-year paving bonds to the am ount of Ylrat N ational B ank. Looklatxi, 0 ................................................... 3.493 09

THE CHRONICLE.

446

| Y ol. LVIII,

Cleveland, Ohio.— (S t a t e a n d C i t y S u p p l e m e n t , p a g e 7 9 .>
—Robert Blee, Mayor. The following statement of Cleve
land’s debt and finances has been corrected to date by the aid
of a special report to the C h r o n i c l e from W. A. Madison,
City Auditor.
This city is situated in Cuyahoga County
Yonkers, N . Y .— (S t a t e a n d C i t y S u p p l e m e n t page 56.)—
LOANS—
W ien Due.
When Due.
LOANS.
B
k id g e B onds —
F u n d e d D e b t — ( C o n .)
On February 27th bids were received from five different par
58, A AO, $ 8 0 ,0 0 0 .........O ct., 1895 4 s ,
AAO,
$
4
6
,0
0
0
..
A
pril, 1 9 0 2
ties for the Yonkers bonds then offered for sale. The securi 5s, A&O, 1 6 ,0 0 0 .........Oct,, 1 8 9 7
G eneral F und—
ties were awarded to Messrs. Blake Brothers, who offered 5s, A&O, 6 5 ,0 0 0 .......O ct., 1899 4 12 s, JA D , $ 2 0 ,0 0 0 ......... J u n e, 1 8 9 5
102-71 for the $28,000 of assessment bonds and 101 <14 for the 5s, A&O, 2 0 ,0 0 0 .......O ct., 1900 4s, AAO, 2 5 ,0 0 0 ..........O ct., 1 8 9 5
A&O, 2 8 5 .0 0 0 .......O ct., 1902
S c h o o l H o u s e <B’ d E d u c a t i o n ).
$48,000 of railway paving bonds. The loans are described as 5s,
5& A&O,
2 0 ,0 0 0 .......O ct., 1903 5a. JA D . $ 1 0 0 ,0 0 0 ....... Tune, 1905
follows:
4 ^ 8 , A&O, 7 4 .0 0 0 .........O ct., 1897 5s. JA D . 1 0 0 ,0 0 0 .... J line. 1906
^ 8 . A&O, 6 0 .0 0 0 .........O ct., 1899 4LjS, M AN, 8 5 ,0 0 0 .M ay 2 4 ,1 8 9 6
LOANS.
When due. 44s,
LOANS.
W hen d u e.
A&O,,
5 ,0 0 0 ........ A pr., 1 8 9 4
4Ljs, J& D , 1 9 0 ,0 0 0 .D ec. 1 ,1 8 9 9

The bonds are dated February 26, 1894, bear interest at the
rate of 6 per cent, payable annually, §318 09 maturing Feb
ruary 26, 1895, and the remainder of the loan at the rate of
§345 yearly until February 26, 19 >4. Both principal and in
terest are payable at the First National Bank of Cincinnati, O.

A ssessm en t B ond s—

5s, M. & 8 ., $ 1 8 ,0 0 0 , Feb. 1, 1896.
5 s, M & 8 ., $ 1 0 ,0 0 0 , Fob. 1, 1897.

R. R. P aving B onds 48, M. & 8 ., $ 4 8 ,0 0 0 , M ar. 1895
($ 7 ,0 0 0 d u e y e a rly ) to 1901

The other bids which were received are given below.
Y onkers S a v in g s B a n k —For th e a sse ssm e n t b on ds, $28 ,7 2 9 -33, or
10 2 -2 0 for $ 1 8 ,0 0 0 and 103-33 for $ 1 0 ,0 0 0 .
D. A. Moran & Co.—For a sse ssm e n t b on ds, $ 1 0 2 -3 2 .
C itizens’ N atiou al B ank—For a s se ssm e n t bonds, $ 5 ,0 0 0 due Feb. 1.
1 8 9 6 , 102-01; $ 1 0 ,0 0 0 due Feb. 1, 1896, 102-29; * 3 ,0 0 0 du e Feb. 1,
1 8 9 6 .1 0 2 -0 1 ; $ 1 0 ,0 0 0 due Feb. 1, 18 9 7 , 102 8.
E. M orrison—For a sse ssm e n t bonds, $ 1 8 ,0 0 0 , 1 02-26 ; $18,406.80;
$ 1 0 ,0 0 0 ,1 0 3 -2 7 , $ 1 0 ,3 3 7 .
Fo railw ay p a v in g bonds:
$ 7 ,0 0 0 du e M arch, 1899 ...1 0 1 -0 0
* 7 .0 0 0 due M arch, 1 8 9 5 ___100-3
“
«
1 9 0 0 . .101 125
••
1 8 9 6 ....1 0 0 -2 6
“
1 9 0 1 ...1 0 1 -2 5
“
“
"
1 8 9 7 ....IO C 'S ? $ 6 ,0 0 0 «
“
“
••
1 8 9 8 ....1 0 0 -7 5

STATE AND CITY DEBT CHANGES.
We subjoin reports as to m unicipal debts received since the
ast publication of o u r S tate and C ity S u pplem en t .
8om e of these reports are w holly new an d others cover item s
of inform ation additio n al to those g iven in th e S upplem ent
and of interest to investors.

NEW

LOANS.

4s
ADVU 4*28, MAN, 3 0 0 ,0 0 0 . . M ay, 1 9 0 2
A
'AUDtJ, 1AV,VIUU.........lUill.,
M&8,
0 ,0 0 0 ........ M ar., 1900
48, MAN, 3 0 ,0 0 0 .........M ay, 1 9 0 0 -i W , J& D , 1 7 5 ,0 0 0 ___J u n e, 1 9 0 2
4s, AAO, 6 0 ,0 0 0 .........O ct., 1900
P o l i c e S t a t io n —
4s, A A O, 3 0 ,0 0 0 .........O ct., 1002 5s, M&N, $ 2 0 ,0 0 0 .........M ay, 1901
Can a i , B o n d s 4 12 s, M&N, 1 0 0 ,0 0 0 .........N ov., 1 8 9 7
S c h o o l (C i t y F a r m ).
78, MAS, $ 8 8 ,0 0 0 ....S e p t .,1 8 9 5
7s, MAS,
2 6 ,0 0 0 ---- Sept. ,1 8 9 6 4Ljs, A&O, $ 1 4 ,0 0 0 ......... O ct., 1 8 9 5
Se w e r B ond s—
6s, MAN, 1 1 , 0 0 0 .. .. N o v ., 1898
A&O, $ 2 ,0 0 0 ......... A pr., 1 8 9 4
5 b, AAO, 1 5 0 ,0 0 0 .........O ct., 1902 5 s,
5s, A&O, 8 3 ,0 0 0 ..........O ct., 1894
E le v a t e d R oadw a y —
5 s , JA D , $ 1 5 0 ,0 0 0 ....J u n e, 1 903 5s, A&O,
2 ,0 0 0 ......... A pr., 1 8 9 5
58, JA D , 2 3 2 ,0 0 0 .... Ju n e, 1 9 0 4 5s, A&O, 4 3 ,0 0 0 ..........O ct., 1 8 9 5
4s, JA .I, 1 7 5 ,0 0 0 ---- J a n ., 1901 5s, A&O,
2 ,0 0 0 ......... A pr., 1 8 9 6
4s, MAN, 6 0 , 0 0 0 .. .. M ay, 1901 5s, A&O, 5 5 ,0 0 0 ____ O ct., 1 8 9 6
4s, AAO, $ 1 0 0 , 0 0 0 .. .. O ct., 1902 5s, A&O,
2 ,0 0 0 ......... A pr., 1 8 9 7
4s, JA J, 1 0 0 ,0 0 0 .... J a n .. 1903 5s, A&O, 6 1 ,0 0 0 ..........O ct., 1 8 9 7
4s, J A D ,
7 5 , 0 0 0 .. .. J u n e, 1903 58, A&O,
2 ,0 0 0 _A pr. ,1 8 9 8
5s, A&O, 5 3 ,0 0 0 ..........O ct,, 1898
F ir e D epa r tm en t —
5 s,
AAO, $ 1 5 ,0 0 0 ..........O ct., 1895 5s,
A&O, 4 5 ,0 0 0 ..........O ct,, 18995s,
A AO, 1 0 0 ,0 0 0 ......... O ct., 1902 03, A&O,1 0 6 ,0 0 0 .........O ct., 1 9 0 0
5s,
AAO, 1 4 7 ,0 0 0 ......... O ct., 1903 5s, A&O, 2 8 ,0 0 0 ..........O ct., 1901
4s,
AAO, 7 5 ,0 0 0 ......... O ct., 1895 5s, A&O, > ,0 0 0 ......... O ct., 1 9 0 2
F u n d e d D eist—
4 12 s, A&Q, 1 0 ,0 0 0 ......... O ct.. 1 8 9 7
A p r., 1 8 9 4 4io s, A&O, 2 9 ,0 0 0 ..........O ct., 1 8 9 8
7s, AAO, $ 2 0 0 ,0 0 0
7 6 .0 0 0 . . . . 5 e p t . , 1 8 9 6 4s, A&O, 9 0 ,0 0 0 ......... A pr., 1 8 9 5
5s, MAS, 2----------08,
AAO,
2 6 .0 0 0 .
. . . O ct., 1 8 9 7 S t r e e t I m p r o v e m e n t B o n d s —
5s, AAO, 2 6 5 .0 0 0 . . . . 0 c t . , 1 8 9 9 5s, A&O, $ 1 0 6 ,0 0 0 .. A pr. 1, 1 8 9 4
5s, AAO, 1 5 6 .0 0 0 . . . . O ct., 1 9 0 0 5s, A&O, 1 3 7 ,0 0 0 ..O ct. 1, 1 8 9 4
3 9 . 0 0 0 . . . 0 . t . , 1901 5s, A&O. 1 0 9 ,0 0 0 ..A pr. 1 ,1 8 9 5
5s, AAO,
5s, M AN, 1 0 0 .0 0 0 . . . . N o v ., 1901 5s, A&O, 1 4 1 ,0 0 0 ..Oct. 1, 1 8 9 5
5s, AAO, 2 2 7 ,0 0 0 ___O ot., 1 9 0 2 5s, A&O,
7 8 ,0 0 0 ..A pr. 1 ,1 8 9 6
2 7 .0 0 0 . . . . O c t., 1 8 9 5 5s, A&O,
4kjs, A&O,
9 6 ,0 0 0 .. Oct. 1, 1 8 9 6
4i2S, AAO, 2 1 7 .0 0 0 . . . . 0 c t., 1898 5s, A&O,
6 2 ,0 0 0 ..Apr. 1, 1 8 9 7
4 s, MAS, 1 1 7 .0 0 0 . . . . 5 e p t., 1898 5s, A&O,
7 6 ,0 0 0 .-O ct. 1 ,1 8 9 7

N E W LOANS.

NEW LOAN.

$ 1 6 ,0 0 0

Water

Works

N E W LOANS.

Bonds M U N IC IP A L

BONDS

Town of Madison, Florida.

$ 6 0 0 ,0 0 0
STATE OF TENNESSEE

FOR INVESTMENT.

m a y o r ’s OFFICE. March 1st, 1894.
Notice is hereby given that sealed proposals will
be received at this office until Tuesday. May the
1st, 1894, at two o’clock P. M., for the purchase of
the following bonds to be issued by the Town of
M a d is o n , F lo r id a , to wit: $16,000 Water Works
Bonds of the denomination of $500, dated May ihe P A R T I C U L A R S U P O N A P P L I C A T I O N .
1st, 1894, to mature in 30 years from said date and to
draw interest at the rate of six per cent per annum,
payable at said Town of Madison annually, on May
th e 1st o f each year.
The Town of Madison reserves the privilege on
and after May 1st, 1899. to call in and pay any one
or more o f said bonds with accrued interest thereon MEMBERS OF THE NEW YORK AND BOSTON
before the same shall fall due and payable.
The issue and sale o f said bonds are authorized by
STOCK EXCHANGES.
th e Charter of the Town o f Madison, the resolu
tions of the Town Council and the vote o f the duly
DEALERS IN COMMERCIAL PAPER.
qualified electors of said Town, pursuant to the
terms o f said Charter. No bid for less than 98 cents
on the dollar can be entertained. Delivery of bonds
to be at the expense o f the purchaser.
Bids should be endorsed “ Proposals for th e Pur
chase of Water Works Bonds,” and addressed to the
Mayor o f the Town o f Madison, Florida. The right
to reject any or all bids is reserved.
RANDELL POPE,
Mayor Town o f Madison, Florida.
28 S T A T E S T R E E T , BOSTON.

Blake Brothers & Co.,

Call for School Bonds.
T o W hom it m ay C on cern :
This is to give notice th at 8chool Bonds Nos. one
to eleven (1 to 11) “ both numbers in clu sive” of
S c h o o l D is t r ic t N o . E le v e n (1 1 ) E l P a s o
C o u n ty , C o lo r a d o , dated July 1st, 1886, Denom
ination One Thousand Dollars, interest 6 per cent,
has been called for payment. Interest on same will
cease on and after March 20th, 1894. These bonds
may be presented to the Chemical National Bank of
New York or to the undersigned for payment.

5

NASSAU

ST.,

NEW

YORK.

Rudolph Kleybolte & Co.,
In v estm en t H a n k e rs,
3 0 W e s t T h ir d S t r e e t ,

C in c in n a ti, O h io .

New York State Bonds.
WE BUY AND SELL

CITY COUNTY AND SCHOOL BONDS
IN THIS STATE.
CORRESPONDENCE SOLICITED.

■

I

Counties and School Districts.
LISTS MAILED UPON APPLICATION.

BONDS.

DUE O C T O B E R 1, 1 9 1 3 .
In t e re st P a y a b l e S e m i - A n n u a l l y .

Principal and Interest payable in New York.
Tennessee has a population of 1,767,518 (Census
1890) and ranks as the thirteenth State in the Union,
As officially reported, th e assessed valuation is
8 3 7 9 ,9 1 9 ,0 0 0 .
The tax rate is only 3 mills on
the dollar and tne revenues are largely in excess o f
all requirements.
W e offer the a b o v e for subscription a t
101^6 an d ac cru ed int e re st , aud h ig h ly
recommend t h e i r pur cha se for in ve stm e nt -

BLAIR

& CO.,

33 W A L L S T R E E T ,

-

NEW Y O R K .

MUNICIPAL BONDS
Investm ent

Securities*

P a r t i c u l a r s upon A p p li ca tio n .

Street, Wykes &> Co.,
44 W A L L S T R E E T .

-

NEW V O R K .

W. J. Hayes & Sons,
BAN KERS,

Dealers in M U N IC IP A L BONDS,

Farson, Leach & Co.,
ST.

D e a le r s in Inves tm ent Secur ities.

Choice Investment Bonds of Cities,

P e r C ent

PENITENTIARY

High-Grade

2 W ALL

M» -

1L

AND

Co l o r a d o S p r i n g s , Co l ., F eb . 12th, 1894.

H . C. M cC R E E R Y ,
County Treasurer.

4

BONDS

YIELDING AN INCOME OF
4% TO 6%

CITY, CEO . A. LEW IS & CO,, Bankers
COUNTY
132 LASALLE STREET,
SCHOOL SEND FOR LISTS.
CHICAGO.

Street Railway Bonds and other high grade In
vestments.
3 1 1 - 3 1 3 Sup erior St.,
C le ve la n d .
7 E xc ha n ge Pl a c e .
B oston.

10 Wall Street,
New York.

Cable Address. - KENNETH.”

Arch’d. J. C. Anderson,
P U B L IC ACCOUNTANT,
1 2 7 W a t e r S tr e et .
NEW Y O R K

THE CHRONICLE.

March 10, 1804.)

TiVw-n Due.
__
W h en D ue.
LOANS, LOANST eaD c c t B o,XBa
:
W
Wo srjk s —.
Vai tteekr w
M A N . s e s , 0 0 0 .-M a y ., 1 8 9 4
6s,
M AS, $ 2 0 0 ,0 0 0 .-S e p t,.1 8 0 5 7a,
7 s,
A& O. 2 0 5 .0 0 0 - .O ct
6s,
MAS. 5 0 0 ,0 0 0 . .S e p t., 1 8 9 7
A&O, 3 0 0 .0 0 0 . . O o t., 1895
6S.
MAS, 2 7 5 ,0 0 0 . .M a r., 1 9 0 0
6s,
F & A , 5 0 0 .0 0 0 . . A U E , 1 8 9 6
m * . AAO, 4 0 0 ,0 0 0 . .A p r., 1902 6s,
J&.D, 1 2 5 .0 9 0 .. J u n e , 1 8 9 7
to ,
4s.
J A J . 1 0 0 ,0 0 0 ,. J a n . . 1 9 0 3
6s,
SI&K, 1 0 0 .0 0 0 . .N o t ., I S 97
As,
A A O , 2 0 0 ,0 0 0 .. A p r., 1 9 0 3
MAS, 1 0 0 .0 0 0 . .M a r., 1898
M.VS. s « :u n v . S ep T .M W l 6 s,
JA D , 3 0 0 .0 0 0 . . J u n e . 1898
6s,
S t r e e t O raanuto B o n d s —
1 7 0 .0 0 0 - .N o v .. 1898
i s , AAO. 8 7 0 ,0 0 0 ........A p t ., 1 8 9 1 , 6s,
1 2 3 .0 0 0 . . J u n e , 1907
(85 ,0 0 0 sem i-an .) to O c t., 1 9 0 0 i 5s,
P A R V A L U E O F B O N D S .—AH b o n d s a r c f o r $ 1 ,0 0 0 e a c h .
IN T E R E S T is p a y a b le a t th e A m e ric a n E x c h a n g e N a tio n a l B a n t ,
N ew Y o rk C ity .
T O T A L D E B T , S IN K IN G F U N D S , E T C .-T B ie su b jo in e d s ta te m e n t
sh o w s C le v e la n d 's to ta l m u n ic ip a l d e b t, Ute s in k in g f u n d h e ld b y th e
c ity a g a in s t t h e s a m e , t h e w a te r d e b t, a n d t h e c ity 's flo a tin g d e b t, on
th e first o f J a n u a r y o f e a c h o f th e l a s t th r e e y e a rs. T h e t o ta l b o n d e d
d e b t a s g iv e n fo r 1893 a n d 1 8 9 4 d o e s n o t in c lu d e th e w a te r d e b t,
w h e re a s i n th e r e p o r ts fo r 1 8 9 2 th e w a te r d e b t to In c lu d e d .
1894.
1593.
18 9 2 .
T o ta l b o n d e d d e b t.........................$ 7 ,6 2 3 ,0 0 0
$ 6 ,7 9 2 ,0 0 0
$ 8 ,4 3 3 ,7 0 0
S in k in g flu id s .................................. 2 .1 8 1 ,7 0 2
2 ,1 3 6 ,9 9 8
N e t d e b t J a n u a r y 1 ...........$ 5 ,4 4 1 ,2 0 8
$ 4 ,6 3 5 ,0 0 2
P U 0 6 .6 5 0
W a te r d• e*b ■t ................................. .$ 1 ,7 —
7 5 ,0—0 0~
$ 1 ,7 7 3 ,0 0 0
$ 1 ,7 7 5 ,0 0 0
$ 1 3 7 ,0 8 0
$ 3 0 1 ,5 9 1
F lo a tin g d e b t................................... $ 2 2 7 ,8 6 7
I n te r e s t o n b o n d e d d e b t .............. $ 1 7 2 ,8 7 0
$ 4 7 0 ,9 0 6
1 * 2 3 ,6 9 5
A lm o s t a il o f th e s tr e e t im p r o v e m e n t b o n d s a r e p a y a b le b y sp ec ia l
a ss e s s m e n t.
T h e s in k in g fu n d s a r e d iv id e d in to t h r e e s e p a r a te fu n d * , a s fo llo w s;
F u n d o f 1 8 0 2 ...............$ 1 ,1 6 7 ,2 8 9 I ile n e n .t t e n d .....................
$ 3 2 ,2 0 8
V ia d u ct f u n d .................
9 8 2 .2 0 5 I T o ta l tp a r v a in . > ......... 3 ,1 * 1 ,7 0 2
W A T E R W O R K S -—T h e c ity ow n * i ts w a te r w o r k s , th e in c o m e fro m
w h ic h f o r w a te r re n t* in 1893 a m o u n te d to # 5 7 5 ,5 8 2 -5 4 .
A S S E S S E D V A L U A T IO N E t c - - T h e c ity 's t o ta l te n d e d d e b t, sin k to g t e n d Ossete, a ss e ss e d v a lu a tio n a n d t a x r a t e f o r th e l a s t s e v e n y e a rs
h a v e b e e n a s fo llo w s. R e a l e s ta te Is areesae.1 a t a b o u t h it* a c t u a l v a lu e .
Total
m a k in g
A l ie n e d
T in m i *
Tear*.
F u n d e d D ebt. F u n d !» • « .,
r ftU m tU m . perfl.O O O
1 8 9 3 ...........................$ 7 ,6 2 3 ,0 0 0 '
$ 2 ,1 8 1 .7 0 2
$ 1 2 0 ,5 1 5 ,9 9 0
$ 2 7 -9 0
1 5 9 2 .......................... 6 ,7 9 2 .0 0 0 2 ,1 5 6 .9 9 8
1 2 1 .2 8 0 ,2 1 5
2 7-50
1 1 7 ,8 3 3 ,2 0 5
2 5-30
1 8 9 1 ........................... 8 .4 3 3 ,7 9 0
3 ,0 2 7 ,0 6 0
1 8 9 0 ........................... 8 .2 1 4 ,7 6 0
2 ,0 8 8 ,8 9 6
9 9 ,0 1 4 ,0 5 5
2 9-30

Total
F e a rs.
F u n d e d D ebt.
1889........................... $ 8 ,1 5 9 ,3 5 0
1888......................... 8 ,3 4 9 ,8 0 0
1 8 8 7 ......................... 8 ,2 3 2 ,2 7 0
1880
............. 8 ,0 3 5 ,3 3 0
1 8 8 5 ......................... 7 .6 2 9 ,2 5 0
1084......................... 7 ,2 7 3 ,8 0 0
1883......................... 6 ,8 8 0 ,3 0 0
1882.......................... 6 ,7 5 0 ,4 7 3
1881 ......................... 7 ,0 9 9 ,1 1 6
1830.......................... 7 .9 4 8 .5 8 3

This city is in Columbia County.
Whe.n D ue
LO A N SW *f« O ur.
RaOM-UPTlON -VXD 1 urR t.i VEMENT.
w t§ l£ j& ,W 5s» MAS, $ 6 2 .0 0 0 ........Sep . 1, 1 9 2 0 5 s, AAO, $ 1 5 ,0 0 0 ....... A p ril 1 ,1 9 1 9
O p tio n a l a f t e r S e p t, 1 ,1 9 0 0
O p tio n a l a f te r A p ril 1, 1 8 0 8
R E rrs u ts o —
5 s , J.vl> , $ 1 8 .5 0 0 ........J u n e 1 ,1 9 2 3
6*. F e b ., $ 3 ,1 0 0 ...........F e b . 2 0 ,1 8 9 4 B o n d ed d e b t F eb. 1 . ’9 4 .. $ 2 6 7 ,2 0 0
6s. JA-D. 1 2 ,0 0 0 ......... J u n e 1. 1891 W a te r d e b t (in c lu d e d ).., 1 5 9 ,5 0 0
($1,000 d u e y e a rly ) to J u n e 1. 1905 S eh. d e b t (a d d itlo n a D a b t- 1 5 ,0 0 0
S-TRKNT iM l'R o V B M R S T T a x v a lu a tio n , r e a l..........2 ,1 9 0 ,0 0 0
6», J * J , $ 2 .4 0 0 ------ J u l y 1 .1 8 9 4 T a x v a l u a t i o n ,p e r s o n a l . 8 5 5 ,5 0 0
6«, MAS, 2 0 ,0 0 0 .........S e p t. 3 , 1894 T o ta l v a lu a tio n , 1893 ...3 ,0 4 5 ,5 0 0
2 6 -0
6a, MAN, 3 ,0 0 0 .........N ov. 1 ,1 8 9 1 T o ta l ta x (p e r $ 1 ,0 0 0 i.
Wa t e r B o n d s —
T o ta l v a lu a tio n In 1 8 9 0 . .2 ,1 1 4 ,0 5 0
58, J* * N .$ 3 6 .9 0 iA . .M ay 2 4 .1 9 1 7 P o p u la tio n in 1 8 9 0 w a s ........10.956
O p tio n a l a f te r M ay 2 4 .1 3 9 7 P o p u la tio n in 1880 w a s . , . . . 5 ,5 6 8

Gloucester. Mass,—(State and C ity S upplement , page
85.)—B. F. C ok. Mayor. The following statem ent has been
corrected by means of a spectal report to the C hronicle from
City Treasurer Edw ard Dolliver.
Gloucester is in E«*3ex County.

INVESTMENTS IN THE SOUTH.
B a n k in g

&

T ru st

R A IL W A Y EXPERTS,

C om pany,

DW IGHT. ILLINOIS. 0 . 6. A.

CHARLESTON, S. C.

----- ’ WIMtNT K x r r n t n

to e x a m in e mad re p o rt

th e character mud C ow nrtio.v o r TM* Co*r ......... ......... l u n u w j —
”
------------ ■ —
------ .A to ifitr r . -----------exam ined fa t cap italist. m tt reported eepauatety
apoo nearly *B o f th e prtn steal rad io * !* " « t ot
C bltaxo betw een C anada mad Mexico

P a id -u p C a p ita l,

*

CO.VSILTISG

1 0 0 ,0 0 0

S i , 0 0 0 ,0 0 0
T r n n . n e t * « f .ie u e r n l f i n o k l u r a n d T r w .t
B u . l u r . . . l a t e r e * , A U n w e d e a D e n o .il* .
Ig rE C T to K O M MADE IN
A SH RKI.f.

A nd W a te r f o r d , S . V.
E x a m in a tio n * .

O K O R O R II . B 0 R F O K D , P re s id e n t.
a P , F R A L E I G H ...................................................... i t e o r e u r r
A . W H E E L W R I G H T ............... J L e e l i t u t S e o r e ta r y
W M ,T , 8 T A N D B H ................................................... . A r t u r ;
A R T H U R C . P E R R Y ,......................................... J . C u h t W
l O H i r P . M m m . ...................................M e d ic a l D ir e c to r
F I N A N C E C O M M IT T E R .
J O H N J , T U C K E R ........................................................B u ild e r
R. I L P E R K I N S , J a . P r w . im p . A T r a d e r . ' N a t. B Y

O F F IC E R * .
fb ,K, S k K . V i X . V " • -c re u rr nod T reasurer
A M '-rii K
ISneSTfcwuneel.
D IR E C T O R S .
A & 4 P * * » r . « f Jo hnston. Crew* A On, wholesale
W n f l f u M. Bir d , o f f a , « . B ite A C o, wbotoMto

r ire* t-> th e insured th e atnwteat
d re a te rt re>««ii>le
n o ulhie am ount ooff
fndeomi'.T In th e e r e c t o f dead*, a t th e lowe»t noatif e a te r, o f tnraatm ent inxorance, and which in ta e
event o f - r e p i . y o
r ^ ^ ^ ^
m „ n.
red a . COLLATERAL e i UX
to th e e x te n t a* th e fall iettel re a erre value th ereo f
in aoffliteanoe with the term* andJ eoodl
condition* o f th e re
oojleue.

»

£ sssr r. s p

w fw a iftw :

itan d en t of A x m c tm a t HotneOIBo*.
9 t o X 'S i i M

R e p o r t* .

M a p e r v le ie n .

YORK.

GEO. 0 . W IL L IA M S.............Proa, Chem. Nat. Ban*

EXGIXEEB,

33 Wall Street, New York,

1894.

The United States Life
Insurance Co.

A u tb o rlx rd C a p ita l.

books ACCOUNTANT audited

Jos. C. Platt, C. E.,

1850.

0 F F IC K B & ,

HALL

New f xros* 4e.t*»ed fo r books a t aceoont.
tum tm m a. e f ta m ta m JM m m .
41$ Kxchang* BwtWifi*. t

M ISC ELLAN EO U S.

IN T H E C IT Y O F N E W

PHOY%0 HEAL ESTATE IK Cl

W M . FRANKLIN

Assessed
T a x R a te
Y a lu a tio n . ? « r $ l,0 0 0
$ 9 5 ,9 4 9 ,1 3 5
$2 7 -9 0
9 5 ,9 2 2 ,5 8 5
2 8 -3 0
9 3 ,6 2 8 ,1 1 0
2 8 -3 0
9 1 ,0 8 4 ,4 0 6
248 9 ,2 8 5 .8 4 5
2 6 -0 0
8 5 ,9 7 8 ,5 0 0
258 4 ,4 9 0 .0 6 0
2 7-80
8 2 .6 8 4 ,2 1 2
..........
7 9 ,5 8 6 ,1 5 6
..........
7 3 ,6 4 7 ,1 9 4
..........

East L iverpool, O hio.—(St a ts and C ity S u pplem en t , p ag e
81.)—George Mosley, Mayor. The new facts following
are taken from a special report made to us by City Treas
urer William H. Griggs,

R ic k a r d P ju c s M ono a * .
E d w a r d &. MORdAN.
DwtOITlC. Moms a x .

H aving extended expertm e* to th e •v.ixoro.tlou
ad operatioa o f railways, we aSwr o u r rervieee **

'

P O P U L A T IO N .—I n 1 8 9 0 p o p u la tio n w a s 2 6 1 ,3 5 3 ; in 1 8 8 0 i t w a s
1 6 0 ,1 4 6 ; in 1 3 7 0 i t w a s 9 2 ,8 2 9 , P o p u la tio n , 1 8 9 3 (local e s ti m a te ^
300.000,

M ISCELLANEO US.

E xchange

S in k in g
F u n d A ssets.
$ 1 ,9 5 5 ,4 9 4
1 .8 8 7 ,4 9 6
1 ,8 0 2 ,2 9 4
1 ,7 3 3 .7 2 4
1 ,7 2 7 ,9 0 5
1 ,6 1 4 .1 8 2
1 ,5 5 3 ,6 0 4
1 ,5 5 0 ,4 0 3
1 ,6 5 7 ,8 7 7
1 ,8 6 2 ,8 7 1

- T h e t o ta l d e b t fig u re s f o r ’9 2 a n d '9 3 d o n o t in c lu d e th e w a te r d e b t.

M IS C E LLA N E O U S ,

Rich. P. Morgan & Sons,

447

Pro*. K .eetrie-IJabt A Pow er i *

BANK?

The Mutual Benefit
L I F E IN !" F R A N C E I I I ., N E W A R K , N . J
A Vi/.I DODD, Preeident,

MORTGAGE LOANS
m

TEXAS.
7 P e r C e n t a n d A P e r C e n t N e t.
AO COMMt->-illNS charged borrow er or lei
until icNMM 1i« vf prr»T«n food.

D e * ir ln « e fc elee . t u r n - l i m e e l t y a n d f l r . i
m a rt« n e e R a ilr o a d H onda, n e t t i n t I r o n
S p e r c e n t t o 7 p e r t e a I, to t a k e t h e p la c e
• I c o m m e r c ia l p a p e r , a r e i n v i t e d t e w r i t e
o r t e l e . r . - , , h f o r l l . t . a n d w rie r* .

C. H. W H I T E & CO.,

F R A k C lS s lU T I I A CO.
B A X A N T O N IO . T K X k $ .

Geo. M. Huston & Co.
bond

and

stock

dealers

. m tHsemmt. W w itre
Mxmmfml
k»i mmM». w#
......... .m&9> BMi4
ehm m tm m fm m U h full m 4
l»tm m m M m mmmmfasg m j W m m m m m r i t f w m m t tittwm* m m t u f f q m *
im um e$xm iw
l *m *p9Ummm»
rtf m m m - m M m m <**&%mi.
• O * F I N E K T liK K T , N T . L O U I S , l l i g

li t NK K B S,
VI B R O A D W A Y ,

-

NKU

YORK

Edward Morton & Co.,
53 B roadw ay, New York.
N p e e la ltle a :
i f I N I * I »>A L ,
fT K E K T R A I L W A Y HOKD>
and
B A N K STOCKS,

Aareta (M arket Value*! Jan. L i m ..........»S3,.m«»3
).laMini** IS . V. and M art. S ta n d a rd ).,.. « .7«,S g8
8.WA799
a siie r S . V, S te n d a rt. (Am.
S u r e 'u s ’h y f-in
E x . < 14 p e r c e n t H e a e r r e ) ........
0.W5.7OT
W M C K S, A BSOMJTKI.V XOd rO B X W A B M t AFTER

tm x tx s t rr .a u .
In Cere of la p r e tb e I*.
« tana a* It* value • “
Paid-ah enitey fo r tfo ................................................. „
A fte r th e *<5«nd j« a r Poficle* a re OtOONTJMXa b x e , and all. rm in etto m
la niidm ee, I r a n i or.
tu.nuu, are m yioem.
C a m m a s s m e m ade to th e e x te n t o f SO p«r cent
a t th e rnaorve rsln e , w here valid luM tipm m t# o t
t h e ta rlie ie* r a n h e m a d e a* c o liste
ll e te r aall eem
* e c nrtty.
r» y .
and
LDRdWt paid im m ediately upon completion
----approval o f proof..

Given & Sicard,
M e c h a n ic a l a n d C iv il E n g i n e e r * .
G e o e rs i JBnpinrerin*. Orm.wittx*. P atent*. 8t«ocific».
lio nam.
* . m g t a i Test*.. Plans and Report*,

Supervision ofE Construction.

9 * 3 C H E ST N U T * T „ P H IL A D E L P H IA .

80
50

THE CHRONICLE.

448
LOANS♦IAME AND PURPOSE.

-I n te r e s t.P. Ct. P a ya b le.

C ity b o u d a ......................... ? § § ? • .
H ig h sch o o l n o te s ..........1 8 8 9 . .
............ .
do
do
H ig h w a y im p ro v e m e n t. 1 8 9 1 . .
do
do
1892. .
Im p r o v e m e n t b o n d s — 1 8 9 3 . .
P a v in g n o te s ..................... 1 8 8 7 . .
P o lic e a n d a rm o ry n o te s.1 8 8 9 . .
School n o te s ....................... 1 8 8 4 . .
S tre e t im p ’v ’m t n o t e . .. 1 8 9 3 . .
V a rio u s p u rp o s e s n o te s ........... .

4
4
4
4
4
4
4
4
5
4
4

J & j
M <fc H
A & <>
J & J
J & j
J & J
M & S
.1 & J
A & o
J & 1)
V a rio ’s

- P r in c ip a l. W h en D ue.
J u ly 1, 1 9 0 8 $ 1 3 0 ,0 0 0
4 5 .0 0 0
S e p t. 3, 1897
1 3 ,950
O ct. 1, 1899
5 0 .0 0 0
J u ly 1, 1901
5
0 .0 0 0
J u ly 1, 1 9 0 2
1 5 .0 0 0
4
0 .0 0 0
S e p t. 1, 1897
3 5 .0 0 0
.1an . 1, 1899
1 ,200
O ct., — 1 8 9 4
4 ,5 0 0
D ec. 1, 1894
1 0 ,8 0 0
1 8 9 4 to 1 9 0 0

I N T E R E S T - W H E R E P A Y A B L E —I n t e r e s t o n t h e c ity b o n d s is
p a y a b le ftt th e F i r s t N a tio n a l B a n k o f B o sto n ; o n th e c ity n o te s a t
C ity T r e a s u ry .
T O T A L D E B T , S I N K IN G IF U N D S ,IE t c .—T lie s u b jo in e d s ta t e m e n t
■how s G lo u c e s te r’s t o t a l m u n ic ip a l d e b t a n d th e s in k in g fu n d h o ld b y
th e c ity a g a in s t th e s a m e o n th e fir s t o f D e c e m b e r o f e a c h o f th e l a s t
th re e y e ars:
1891.
18 9 2 .
18 9 3 .
$ 3 3 9 ,1 5 0
$ 4 0 1 ,4 5 0
$ 3 8 5 ,5 5 0
T o ta l fu n d e d d e b t
6 4 ,971
8 8 ,8 0 8
. 1 1 9 ,0 8 4
S in k in g f u n d s .......
N e t d e b t on D e c e m b e r 1 ..........$ 2 8 2 ,3 6 6

$ 2 9 6 ,7 4 2

$ 2 7 4 ,1 7 9

T h e s in k in g f u n d re c e iv e s y e a r ly a b o u t $ 2 5 ,0 0 0 , a n d is in v e s te d in
r e a l e s ta te m o rtg a g e s , ra ilr o a d b o n d s, e tc .

ASSESSED VALUATION.—Tbe city’s assessed valuation and tax
rate at various periods have beenasfollows, real estate being taken “at
about three-fourths cash value
r e a rs—
1 8 9 3 .............
1 8 9 2 ............. ..........
1 8 9 1 ............. ..........
1 8 9 0 ............. ...........
1 8 8 9 ............ ..........
1 8 8 8 ............. ..........
1 8 8 0 .............. ..........

,--------------- -A ssesse d Y a lu a tio n .----------------.Date o f Tax
P e rso n a l.
Total.
p e r $ 1 ,0 0 0
D eal.
$ 1 5 ,5 1 7 ,1 8 0
$ 1 6 -5 0
$ 4 ,2 2 3 ,7 3 0
1 5 ,0 1 1 ,6 1 6
15-40
4 ,1 0 2 ,3 1 6
1 0 ,9 0 9 ,3 0 0
1 4 ,2 1 3 ,0 2 1
15-40
3 ,9 8 6 ,4 9 1
1 0 ,2 2 6 ,5 3 0
4 ,0 2 4 ,0 6 4
1 3 ,9 5 2 ,4 6 4
15-50
9 ,9 2 8 ,4 0 0
1 3 ,4 1 1 ,0 3 3
1500
3 ,7 7 3 ,6 9 3
9 ,6 3 7 ,3 4 0
1 3 ,0 5 0 ,0 9 8
17-50
3 ,8 9 6 ,0 8 8
9 ,1 5 4 ,0 1 0
2 ,6 2 4 ,3 8 0
8 ,1 0 1 ,1 5 0
22-00
5 ,4 7 6 ,7 7 0

P O P U L A T I O N .—I n 1 8 9 0 p o p u la tio n w a s 2 4 ,6 5 1 ; i n 1 8 8 0 i t w a s
1 9 ,3 2 9 ; in 1 8 7 0 i t w a s 1 5 ,3 8 9 . T h e p o p u la tio n in 1 8 9 2 , a c c o rd in g to
lo c a l a u th o r ity , w a s 2 5 ,0 0 0 .

CHICAGO.

[V ol. LVIII.

Keokuk, l a . — (S t a t e a n d C i t y S u p p l e m e n t , page 110.)—
Moorhead, Mayor. The following statement h a s been
corrected to date by means of a special report from City Clerk
Sumner T. Bisbee. Since April 1, 1893, the city has paid o ff
a floating debt of §35,000, and by the first of next April will
have a balance on band. The §153,400 of city bonds due July
1, 1894, will be refunded by an is ue of 5 per cent 20-year
bonds for §100,000 and a 5 per cent serial loan maturing part
yearly from July l, 1895, to July 1, 1913.
Keokuk is in Lee County. Its debt, which was formerly
heavy, is being gradually paid off.
S. W .

LOANS—

W h e n D ue. I G r a d u a t e d B o n d s (C o n L )—
| 5s, .1. & J ., $ 1 3 ,0 0 0 — P a r t y e a r ly
R e f u n d in g B o n d s :
Gra d u a te d B onds—
5 s, J . 4s J ., $ 1 0 0 ,0 0 0 .. .J a n . 1 ,1 9 0 6
5s, A . & O., $ 1 6 , 0 0 0 .. . P a r t y e a r ly I
C o m pr o m is e B o n d s :

6 s, J . & J ., $ 1 5 3 ,4 0 0 . J u ly 1 ,1 8 9 4 ,

INTEREST

is p a y a b le in K e o k u k a n d in N e w Y o rk C ity .

T O T A L F U N D E D D E B T J a n . 1, 1 8 9 4 , w a s $ 2 8 2 ,4 0 0 . C ity d e b ts
in th is S ta te a r e lim ite d b y p ro v is io n s o f t h e S ta te C o n s titu tio n (see
S ta te of Io w a ), b u t th e d e b t o f K e o k u k w a s c r e a te d b e fo re C o n s titu tio n a l
In h ib itio n to o k effect. T h e d e b t in 1 8 8 0 w a s $ 4 5 0 ,0 0 0 .
A S S E S S E D V A L U A T IO N .—T h e c ity ’s a ss e ss e d v a lu a tio n , w h ic h is
a b o u t 6 0 p e r c e n t of th e a c tu a l v a lu e , a n d t a x r a te , h a v e b e e n a s
fo llo w s :
T o ta l Tax
,---------------- A ssessed Y a lu a tio n .---------------- .
Years.
D eal.
P e rso n a l.
Total.
p e r $ 1,000.
1 8 9 3 ......................$ 3 ,7 0 1 ,1 7 5
1891
............. 3 ,5 9 2 ,6 1 5
1890 ................ 3 ,4 4 2 ,7 9 5

OF

CAPITAL, PAID U P , ---------- $500,000
8 U R P L U S ,...........................
50,000
AUTHORIZED BY LAW TO RECEIVE and ex©cute trusts of every character from courts, corpora
tions and Individuals. Takes entire charge of estates,
real and personal. Acta as agent for the registra
tion and transfer of bondB and stocks and th e pay
ment of coupons, interest and dividends. A legal
•depository for court and trust funds.
INTEREST ALLOWED ON DEPOSIT 8 of money
whioh may be made at any time and withdrawn aftei
five days’ notice, or at a fixed date.
TRUST FUND8 AND TRUST INVESTMENTS
are kept .separate and apart from the assets o f the
company.
DIRECTORS:
AZEL F. HATCH,
CHA8. H. HULBURD,
M. W. KERWIN,
GEO. N. CULVER,
HARRY RUBENS,
MAURICE R08ENFELD,
J . R. WAL8H,
SAMUEL D. WARD,
OTTO YOUNG
OFFICERS:
J. R. WAL8H, President,
CHAS. H. HULBURD, Vice-President.
SAMUEL D. WARD, Treasurer.
LYMAN A. WALTON, secretary

Sc 96

M IS C ELLA N EO U S.

Offers Investors in real e st at e securities
protection afforded by no other system of
doing business.

Is authorized by law to act as Registrar of Stocks
and Bonds, Executor, Receiver and Trustee for
Estates, Syndicates, Individuals and Corporations.
Trust moneys and trust securities kept separate
from the assets of the Company.

Loeb & Gatzert,
MORTGAGE BANKERS,
125 LA SA LLE ST R E E T ,

C H IC A G O .

First Mortgages for sale In large and small amounts
netting Investors 6,51$ and 6 per cent, secured by
improved and income-bearing Chicago city property.
P r in c ip a l anil Int ere st p ay ab le in Gold.

CORRESPONDENCE 80LICITE,„.

SUCCESSOR TO

B r fn c k c r lio f f , T u r n e r & C o M

C O T T O N SAIL DUCK
A N D A L L K I N D S OP
COTTON CANVAS FELTIN G DUCK,
OAR COVERING BAGGING,
RAVENS DUCK, SAIL TW INE,
PO PE “ A W N IN G ” STRIPES.
AGENT

U N IT E D S T A T E S B U N T IN G CO.

A fu ll supply all W idths and Colors, always in
stock.
n n o n n a n s *tr**>t.

SECURE BANK VAULTS.

CORRESPONDENCE SO L ICITE D .

OFFICERS:
GWYNN GARNETT, President.
A. H. SELLERS, Vioe-President.
ARCHIBALD A. STEWART, Secretary.
CHAS. R. LARRABEE, Treasurer.
FRANK H. 6ELLER8, Trust Officer.
DIRECTORS:
Gwynn Garnett,
Chas. W. Drew,
W. D. Kerfaot,
John P . Wilson,
Horace G. Chase,
Edson Keith,
John G. Shortall,
Geo. M. Bogus.
John DeKoven,
A. H . Sellers.
Samuel B. Chase,
COUNSEL:
W. C. Goudy,
John P. Wilson.
A. W. Green.
A. M. Pence,

A. G. Becker,
HERMAN

SCHAFFNER

EDMUND
C o n su ltin g

JB. K I R B Y ,

M in in g
E n g in ee r
M eta llu rgist,

and

SEARS & W H IT E ,

164 La Salle Street, • Chicago, 111.
A O . SLAUGHTER, Member N. Y. Stock Exchange.
WM. V. BAKER, Member Chicago Stock Exchange.

A. O. Slaughter & Co.,

Successors to
EUGENE R. COLE,
S T A T IO N E R S A N D P R I N T E R S .
Supply Banks, Bankers, 8tock Brokers and Cor
porations with complete outfits of Account Books
and Stationery.
t3&~ New concerns organizing will have their
orders promptly executed.

N o. 1 W IL L IA M S T R E E T .

|

U S I 1111-113 LA SALLE STREET,

m

n Round and Flat Bars and 5-ply Plates and auk ***!
FOR SAFES, VAULTS, £e.
Cannot be Sawed Cut, or Drilled, and positively
Burglar-Proof.
C H R O iflE S T E E L W O R K S ,
Sole Man’f ’ers in the U. 8. B R O O K L. Y N , N .

Sc C O .

COMMERCIAL PAPER,

BA NK ER S,

GENUINE

WELDED CHROME STEEL AND IRON

No. 1017 Seventeenth Street, Denver, Col.
SPECIALTY.—The Expert Examination o f Mining
Investm ents and Metallurgical Enterprises.

Su c c e s s o r t o

Members New York and Chicago Stock Exchanges.

Private wire to New York and Philadelphia

T. Spencer T u rn er,
MANUFACTURER AND D EA LER IN

GUARANTEES TITLB8 TO REAL ESTATE.
MAKES ABSTRACTS OF TITLE.

S T O C K S —B O N D S ,
DEARBORN STREET,
C h ic a g o , Ills.;

CHICAGO,
W ASH IN GTON S T R E E T .

C a p ita l, p ai d-u p..........................8 1 * 6 90 ,0 00
Undivided earnings* Including
surplu s........................................
£39*000
Deposited w ith S t a t e Audito r. .
£00*000

Jamieson & Co.,
187

$17-60
4 2 70
43 00

P O P U L A T IO N .—I n 1 8 9 0 i t w a s 1 4 ,1 0 1 ; i n 1 8 8 0 i t w a s 1 2 ,1 1 7 . T he
p o p u la tio n f o r 18 9 2 , a c c o rd in g to lo o a l a u th o r ity , is 1 8,000.

The
Title Guarantee & Trust
EquitableT rustCompany
Company
9£, 94

$ 4 ,5 9 3 ,3 4 1
4 ,6 1 s ,4 7 5
4 ,4 5 0 ,3 1 0

T h e t a x r a te in 1 8 9 3 in c lu d e d S ta te a n d c o u n ty t a x , $ 1 7 -6 0 ; c ity t a x
p ro p e r, $ 2 0 0 0 , a n d sch o o l t a x , $ 1 0 -0 0 .

CHICAGO.

1 8 5 D E A R B O R N ST *, C H IC A G O .

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THE WALL STREET JOURNAL.
An invaluable financial dai-,y: $5 a year. Sample copy
free. DOW JONES <fc OH Publishers i l BroadSt.
Full text of Commercial and Financial Chronicle : March 10, 1894, Vol. 58, No. 1498

FRASER
