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xmm
HUNT'S MERCHANTS' MAGAZINE,
REPKESENTINO THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES
NEW YORK, MARCH
VOL. 34
Financial.
Financial.
AMERICAN
14a
BROADWAY, NEW YORK.
UEUKQANIZBU
Alfred H. Smith
1879.
BNORAVIKa ANU PR1MTIR8 Of
BONDS. POSTAOa AUD RSVEHVB STAMPS,
LMQAL TBSDBlt 4 NATIONAl, BANIS IfOTES
Ou VNIIBD STATES and far many Fonlgit
V
Ezeculed
RAILWAY PRINTING A SPECIALTY
Koilwajr Tickets of Improved Styles,
ir<<* or
wWunU
Color; and TieJceU of
all
Kindt
TBU3TBBS:
A. O. Goodall, President,
JmrneaMaodonouKh. VIce-Prest.,
A. D. Bhepard, Vicc-I'rcsldeat.
Wm. Main SmilHe, Vice-Prest.,
Vu. DHANi.s (Mtchleis Loos).
Dan. FL'iiHMA.v.v.Jr. (Job. Dan. PubrmaimJ
iOH.
4>CI8 WKUKUdCd. Weber A tie.)
TKAN3ACT8 A
p. Puttsb. Prest.
J. J.
Cle.)
Bddt,
WALL
STREET,
IlllDoia
bought at best
sale.
rates.
Correspondence
Kimball
&
&
Day
Colbron,
&
Field,
No. 7 Wall Street.
Railroad, Mining, and other Stocks, Bond*. etOn
bouKht and sold on Commission.
MAURIAC.
n u ibi/VT- invi
B. IV.
13.
A. iM
Member N. T. Stock Exchanm
.
"
SYDNEY B18U0P.
New
Street,
130 La Salle
M. M. UOWL.AND.
-
John A.Hambleton&Co
BANKERS AND BROKERS,
No. 5 SOVTH STBRBT,
BALTinURE.
BANKERS AND BROKERS^
NEW YORK.
Co.,
BANKERS AND BROKERS.
Co.,
No. 25 Nassau Street^ N«iv- York*
No. 17
STOCKS.
vrtn
AT v 5 Brush (Parent Company), Amerlcea,
FOR aSAIiBJ
United states. Kastern.
WANTKD.-Bra*h (N. T. Co.), Fuller.
E. A. Mauriac
J.
Street,
CHICAGO.
Btooki and bonds bonsbt and lold for csah
on margin.
Interest allowed
terms.
Aug. T. Post, Banker,
NASSAU STBBBT,
Samuel M. Smith,
No.
8
WALL
Railroad
OcMHWcttd by Sptdal ITirs with New Fork ami PWIO.
delphia CorrttpondenU.
Transact a General Bulking Buslne**.
&
Securities,
Day,
DRBZEL BUILDING,
BROAD STRKBTS,
Cor.
WALL
and
IN
BANKERS AND STOCK BROKERS.
Baak
WILUAM
description* of Stocks.
this and other «lti«*
Bonds and Securities.
Special Attention griren to Inrestments.
Loan* negotiated and adTanoe* nude on lmproT«4
Depoalt* reoelTcd snbjeot to chock at alght.
Collections on all point* In U. S. and Canada.
BonTUBBX BCOCBTTIXS A SFBCIALTT.
Lummis
all
collateral*.
STREET, NEW YORK,
IN ALL KINDS OF
and Inrcstment
No*. Si and ae
40 WALL. STREET,
deposit*, aobjeot to oheok at
Simon B org,
DKALBR
BCY8 AND BELLS
State, City and County Socuritiea.
CORRBSPONOKNCB SOLiaTED.
City Kitllwny Socurlileo, Gaa and
Slock*, loaaraaoo Scrip.
oo
or
ilght.
InTeatmeol Securities Negu-
DKALKB
BROADWAY.
Buy and sell on Commission la
$400,000
400,000
AooounU of Banks and Bankora loltclted.
Collections mado apon faTorable
96
and
Thirteen Tears' Membership In New Tork Stock
ExchanKe.
B. J. Kimball, a. b. lounsbbrt, f. b. Baulabd
Members of N. Y. Stock Bxchanse.
BOSTO.N,
Strictly arst-claas
52
He. SB
Cajtaler.
Maverick National Bank,
CAPITAL,
UVUPLVS,
Warfield,
Oouoiuts Hbnbt.
I.OUIS,
BANKEKS AND BBOKERH,
GENERAL BANKING BUSINESS.
Asa
&
BROKERS IN
STOCKS AND BONDS, UNLISTED StCUSITIES AND MINING STOCKS,
Geo. H. Whipple,
R.
Ad. Kkank (Frank, Model A Cle.)
Aug. NuTTKuuii.M (Nottebohm Krerea),
Scbmld A
Bros.
Sam'l A. Gaylord,
i
Otto Uu.NTUERiCorneille-DaTld).
KKILE III UOTTAL.
(O.
Henry
Broilers,
solicited.
ALrRBi) MAQL'i.NAr turair& Maqalnay), Vlce-PrM
J. B. Vos iiKH BecKC (Von der Uecke A MarBUr).
ILAUiaMiittAUcu
Co.,
Charlbs Srroir HKfmr.
Member N.T. Stock Ex. Member N.Y.Min.StookBx.
DANIEL WAKniLD.
Investment Securities for
Pald-Up Capitol, '^,000,000 Franes.
BOARD OF DIRECTORS
IX-
Stock* and Bonds bought and sold on GonuaUslon.
&
PHII.ADELPHIA.
Missouri, Kansas
Anversoise,
Co.,
IN CAR TRUSTS AND OTHBB
VESTMENT SBCUBITIBS.
NEW YOKK.
DEALER IN WESTERN SECURITIES ELECTRIC LIOilT
ANTWERP.
UUM
Clark &
BANKBKS,
W.
No. 3S Soath Third Street, PhilatdelpUa.
Defaulted County, Township and City Bonds of
WMLIX GBIiUR, President.
E.
Interest ullowr>d on daily balances.
Stocks, Bonds, &c., bought and sold on commission
in Ptitladelphia and other cities.
Particular attention Kiven to Information resard*
Ing InTestment Secnritiea.
ST.
Banque
Centrale
BALTIMORE, MD.
DEALERS
Deposits received subiect to check at alRht, aod
Joa. W. Drezel,
A. V. Stout,
T. H. Porier,
Cbria. Meyer,
J. T. Kobertaon, Vice-President, O. U. Danlorth,
Q. H. Stayner, IVeaaurcr,
P. C. L«unsbar7.
Theo. 11. Freeland, Secretary.
Sapphires,
SOUTH THIRD STREET,
140
Fireproof Baildlnca.
& Co
S.
P. O. Box am.
Special attention glTen to tbe negotiation of For.
elgn Bills of Bzcbange, Collateral Loans and Com-
LIXDLST HAINIS
Bankers and
Safety Papers.
In
Bnbies,
H. Taylor
aubsbtl
INDICATORS AND TBLEPHONB IN OFFICE.
EXCLUSIVELY.
L.
A.
mercial F*aper.
LONDON, 33 HOLBORN VIADUCT.
With •peoUl sAfesuards to prevent CounttrftUtnt
9r AtUrxiiwtu, Spvcial papers m&onlaotared dxoltt*
tUely for use of the CompanT.
Safety Tints.
Co.,
and other Precious Stones,
Liwis H. TAru>R, Jr.
FROn 8TEEL PLATES,
Work
Fine
Diamonds,
C.
BANKERS AND BROKERS,
W. Corner German Si South Sta.,
lAw YOKK,
ST.,
OLina,
MiddendorfjOliver
IMPORTERS OF
BovtmmfnU.
K.NORAVINQ AND PRINTINQ
or BASK NOTES. STATB AND BAILBOAV
BONDS. SBABB CERTIFWATB3. BILLS 01
MXOELANaa. DRAFTS. CBECKS. STAMPS. 4c.
IN TBS FINEST AND MOST ARTISTIC STTLB
JOHN
No. 14
&
B.
Members Baltimore Stock EzcbanRe.
DIAMONDS.
BrSlNErtH ForNOKD 1795.
incorporaUd vndtr Idiwa oj StaU of N&uj Fork, 1808.
872.
Financial.
W. MlDDINDOBr, W.
J.
Note Company,
Bank.
NO.
11, 1882.
LOMIUS,
UBNRT DAT,
Member* of New York Stock Kzotuuwo.
Caldwell, Hay & Washburn
BANKERS & BROKERS.
UNITED BANK BUILDING,
BroadwmT and Wall
St.
Transact a general Banking Buslnea*. Including tkt
Pumba** and Sal* of all 8aouitl«( dealt In at tb*
New York Stock Bzebaaia.
Intereat allowed on dopoiMa aabjeat to sight draft
CHAS. B. rAi.nwii.i„ lata W**t A CaldwelL
^ILAS C. Hay, Member N. T. Stock Bzobange.
LAMSINO C. WASHBUBH,
Waahbum.
lat«
Whlttll^— A
:
THE
iJHRQJ^lCLE
Drexel, Morgan & Co., August Belmont
BANKERS,
WALL 8TRBBT,
HBW TOKK.
&
Urexel
O
34
Drexel, Harjes
Co.*
SOTTTB Tin»D
81
ST.,
St
Co
8ecnrlt1eB.Go;d,
DeoOTlts received subject to Draft.
bought and sold on CommlMion. Interest allowea
•D beDolus. Foreign Exchange. Commercial Credits
Circular Letters for Trayelers,
Sable Transfer*.
ITallable In all parts ef the world.
Morton,
23 NASSAU
Brown
69
|»o.
iHORGAN &
S.
OLD BROAD
ST.,
Brothers
WALL ST.,
&
Co.,
BUT AND SELL
LONDON.
} *^*"'^°PARTS
>
CO.,
-
And In
ANT PART OF THE WOKLD.
IN
France, In Martinique and Gaadalonpe.
TRANSFERS
HAKE TELEGRAPHIC
OF nONET
SWTWSSN THIS AND OTHER COUNTBIES.
drawn
MAKE COLLECTION OF DRAFTSand
abroad on all points In the United 8tates
Canada, and of Drafts drawn In the
United States on Foreign Countries.
&
G.
S.
G. C. Ward,
AeUTTB POK
BARING BROTHERS & COjnPANT,
53 WALL 8TRKKT. NEW YORK.
gg STATE 8TRBBT. BOSTON.
J.
& W. Seligman & Co.,
BANKERS,
BROADWAY,
Wall and Nassan
&
H17NROE & CO., PARIS.
nSBUNe CHEQUES AND BILLS AT SIXTY
VnKWULK
J.
JNoTxa
Crxdits fob Tkatsi.xrb.
ahi>
&
LONDON.
Stuart
&
Co.,
J.
NASSAU STREET.
BILLS OF EXGHANOE ON
83
PAYNE
SraiTH,
BANliEIti),
HANCHESTER
ic
& SMITH'S,
LOflDON
COUNTY BANK,
"LIMITED;"
i
ULSTER BANKINA COMPANY,
BELFAST, IRELAND
ASD ON THS
NATIONAL BANK OF SCOTLAND,
KDINBDRG, AND BRANCHES
Kxnncdt.
No.
J.
Kennedy
S.
63
DRAW
"17 Y
Kknnedt Tod.
&
Co.,
PAPER AND BILLS
OF EXCHANGE.
Act as Aoi.vTa pob Banes, Bankirs and
Bailboai) Companiks.
MAKE TBIiBGRAPHIC TRANSFERS.
.
use
BITT
'Commercial Credits In Sterling, available
throughout the World.
AND SELL lHVESTMBlfT 8E0ORITIBS.
Collect DiTldends,
B. E.
JOINT AGENTS
WALKER,
Canadian Bank of Commerce^
16 EXCHANGE PLACE,
Foreign Baiilicrs.
Bank of
1835.)
No. 4 Threadueedle St., Loudon, Ensland.
PAID-UP CAPITAL,
Xl.iOO.CKX).
UNDIVIDED PROFITS
(inclndlnK Guarantee an«
Reserve Funds) £441,08H.
Letters of Credit and Drafts issued on the 87
branches of the Bank In the Colonies of Queensland,
New South Wales, Victoria, South Australia, Tasmania, and New Zealand. Bills nejZotiHted or sent for
Collection. Teie^raphic transfers made. Deposits
received in London at interest for fixed periods oa
terms which may be ascertained at the office.
PRIDBAUX 8KLBY,
Secretary.
Nederlandsch Indische
Handelsbank,
AMSTERDAM, H O A N »
BSTABLISBBD IN
HEAD OFFICE
Agencies
Wm. Russell Wisk.
&
Co.,
BANKERS,
10 Throgtnorton Ave., London^
.
1863.
AMSTERDAM.
IN
ii, Batavia, Soerabaya and Samaranw
Correspondents In Padans;.
Issne commercial credits, maiie advances on ship
ments of staple merchandise, and transact other
btislness of a financial character In connection witb
the trade with the Dutch East Indies.
BLAKE BROTHERS &
LONDON:
William Heath
Australasia,
(INCORPORATED
18
NEW TORE
CO.,
AGENTS roR North Ahirica,
WALL STREET, NEW TORE.
88 STATE STREET, BOSTON'
Adolph Boissevain & Co.
BANKERS
AHD
En^:.
Draw Bills of Exchange and transact a general
financial commlsBion business. Particular attention
COMMISSION MERCUANrS,
AMSTERDAM, HOLLAND
given to American Securities.
N. T. Correspondents— Messrs. RLAKlt BBOS.
William Heath
&
Co.,
Hong Kong &
A Oo
Shanghai
Con dobs and Forelca and lalaod
BnMs
BANKING CORPORATION.
BANKERS AND BROKERS,
61 BROADWAY, NEW YORK.
Meubbbs or Niw ToKK Stock Kxchangb.
Knoblauch
&
Lichtenstein,
BANKERS,
39 William
St.,
CAPITAL (paid-up)
Credit on
all
HEAD
A.
ni.
TOWNSEND,
St.
;
AGENCY OF THE
Letters of
Ba n
SPECIAL PARTNER,
Berlin.
J.
Aeent, 47 William
'
Canadian Rankers.
principal cities of Europe.
H. Latham
BONO KONO.
The Corporation grant Drafts, Issue Letters of
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Sintjapore.SaiKOD,
Manila, UonR KonK, Foochow, Amoy, NinKPO,
Shanghai, Hanlcow, Yokohama, HioKO, San FrancisCO and London.
cor. Exctaanse Place,
H. Latham.
1,900,000
OFFICE,
f.
w. Pbbrt.
&
Co.,
UNITED BANK BUILDING,
2 WAUL STREET.
INVESTMENT SECURITIES,
OUy, Railroad it Miseellaneoui Stocks and Bondt
FOREIGN EXCHANGE.
k
or
DECTSCHX. BANK,
J.
t3.(X)0.(X»
RESERVE FUND
NEW YORK.
Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue
York,
BILLS ON LONDON.
OOailttEKCIAL
GOADBT &
($4,800,000 Gold.)
BARING BROTHERS & CO., Leadon.
PERIER FRERES & CO., Paris.
MENDELSSOHN <& CO., Berlla.
WILLIAM 8TRKET,
IVeiv
H.
Pald-VP Capital, 13,000,000 GuUdera,
OOXRSSPO\DZNTS :
ALBO,
J.
J.
New Tork
>ard.
I. I.
COMMBSOIAL AHD TKATELBJtS' CBBDIT8,
i
CABLE TKANSFKKS AND LETTERS OF CREDIT
S.
Special attention paid to orders at the
Stocb Exchange and New York Mtnins B
New York.
AMD
William Heath,
Chablkb e. Quinckt.
IN
;
MANCHESTER, PATABLK IN LONDON
John
Sts.,
CABLE TRANSFERS, BILL8 OF EXCHANGE
Co.,
No. 8 l¥all Street, New York,
Mo. 4 Post Ofllce Sqnare, Boaton.
CHEQUES AND CABLE TRANSFERS ON
DATS' SIGHT ON
Sc CO.,
Co.,
FOREIGN BACKERS.
Issue Letters of Credit for Trarelers,
ALEXANDERS
&
Kidder, Peabody
BOSTON, MASS.,
Payable In anj part of Btirope, Asia, Africa, Aubtralia and America.
Draw Bills of Szchan^e and make telegraphic
tnnafen of money on Europe and CHlifornla.
John Munroe
BROKERS
York.
Accounts and Agency of Banks, Corporations,
arms and Individuals received upon favorableterms.
Dividends and Interest collected and remitted.
Act as agents for corporations In paying coupons
and dividends'; also as transfer agents.
Bonds, stocks and securities bought and sold on
oommlsston.
Sound railroad and municipal bonds negotiated.
Sterling exchange bought and sold. Drafts on
Union Bank of London.
Cor.
TOBK.
Ex-
Foreign Exchange, Stocks and Bond8>
63 Wall street, New Yorlt.
Co.,
BANKERS,
New
No. 94
SSW
&
63 W^IUlam Street,
-i
Bills of
Cable Transfers.
STERLING EXCHANGE, CABLlt
AMSTERDAM. BUT AND SELLTRANSFERS,
ETC.
ISSUE COMMERCIAL CREDITS. AVAILABLK
IN ALL PARTS OF THE WORLD.
-
Jesup, Paton
London (Limited)
ol
HilmerSjMcGowan & Co
TORE.
Issue Commercial and Travelers' Credits
JJf SIEKLING,
ATAILABLB
change,
Co.,
Issae Circular Notes and Letters of Credit for
Travelers; also, Commercial Credits, available In all
parts of the world. Negotiate flrst-class Railway,
City and State Loans make telegraphic transfers
of money aid draw Exchange on
MORTON, ROSE *
Vork.
London.
Money
COR. OF CEDAR,
HOTTINQUER & CO.,
ON GREAT BRITAIN AND IRELAND, FRANCE,
OERMANY. BBLGICM. SWITZERLAND, NOR- CREDIT LYONNAIS
AMSTBRDAMSCHB BANK,
WAY, DENMARK, SWEDEN AND HOLLAND.
Bank
International
;
N. ¥.,
OF EXCHANOE
B1L.L.$
NEW
€0.,
LONDON.
ST.,
New
Street,
cohrespondknts op the
Commercial and Travelers' Credits,
&
Bliss
Ruckgaber,
Meaars. John Berenberg, Gogaler Si Co.,
Hnniburg.
^
on California, Europe and Havana.
Attobwkts ahd Agstttb op
No. S2
parts of the
all
Also Commercial Credits and Transfers of
*c
Steur*. J.
32 William
31 Nassau Street,
and tbeir correspondents.
DOMBSTIC AND FOREIGN BANKERS.
XXXIV.
BANKERS,
MESSRS. DE ROTHSCHILD
Parla.
&
Schulz
Co.,
&c
Issue Travelers' Credits, available In
world, through the
BonleTsrd Banumanii
Pli'ladeJpbla.
&
Nos. 19
Vol,
Foreign Excliange.
Forelg^n Exchau8:e.
Foreign Excliange.
OC»RNXB OF BROAD,
I
British
'
North
No. S3
WALL
America,
STREET.
Buy and sell Sterling Exchange and Cable TransIssue demand drafts on Scotland and Ireland
fers.
on Canada, British Columbia, Portland, Oregen,
Sao Francisco and Chicago.
BUIi ooUeoted and other banking business trans
aoted.
issBt*
S: A. UcTAV ISH, ) Agon"
also
W. LAWiON.
«
J
MAHcn n,
,
THE CHRONICLE.
1888.
Canadian Baukon
Boston
Merchants Bank
CA\\I>\.
CDF
Capital,
-
•
l-raaldiine, (liu
8.>,600,00« Paid Up.
-
OBOKOK HACUK. (iononil Mnniwttr.
WM. J. IMUltAM. AMlaUint UOQoral
Manicar.
IIANKBI18:
LONDON, KNO.-Tho
MKW
YUIIK— The
Cljdeiidnlo Banklns Comp'f.
itank of New York. N. B. A.
The Now York Aitoncy buj« and «ell« Sterling Eiohaiwe, robin Tnin»rura, l»ue* Oredlu available in
Ml parta of the wurld. makaa oolleotlona In Otnada
and elsowhcriMinil iMiipa Urana paiable at iinir or
the omcea of tbii bunk In Canada. Demand Urafta
leaved pa;iibl« In Sootland and Ireland, and eTerr
deeorlpllon of fornlvn bunklnit bualneaaundonaken.
Mew York
HAUUB,
Aient.
JOHN 11. UAllKIS, JB.,!*"^'""Ohlcaso Branob. 138 Wnahlnston l!imwt.
J. a. MKllKUITU. Manager.
&
MEUBBIia or THE NEW TOSA AND BOSTON
STOCK BXCUANOES.
ALSO,
&
Stackpole,
&
Co.,
BOSTON.
New York
&
A. Sweet
&.
61
WAT80.V,
ALSX'B LA.N6.
J
j
. ™_t,
AK'""
Bay and aell
Sterling Exchange, rranca and Cable
Tranaf era : grant Commercial and Travelers Credits
araliable in any part of the world laane dralta on
and make oollectlons la Chicago and thronghoat
the Dominion of Canad a.
;
London
Ofllee,
No. 9 BIrebIn Lane.
Gzowski & Buchan,
BAirsEBa
-
CANADA.
Prompt attention siren to Collection of Commercial Bills and Canadian Funds on all points in Canada: American nnJ Sterling Kxchaoge, and Stocka,
bought and aold,
Correap<jnde')i8— Bank of New York,
and Alliance Hunk. l.<<t)don.
Bonda.
SethH.&H.B.Whiteley
BANKERS AND BROKERS,
New
SAN FRANCISCO.
York Agency, 02 Wall
BCEPLUS, INVJ^TilT IN U.
S4,000,000 GOLD.
GEORGE
L.
8.
Wilson, Colston
BRANDER,
St.
Agent.
I880B9 Commercial and Travelers* Crpdita, avail*
able In any part of the world. Draws Kxchange,
ForeiRn and Inland, and makea Tranaf era of Money
by Telegraph and Cable.
THE
Anglo-Californian Bank
(LIMITKD).
LONDON, Bead OfBce, 8 Angel Court.
SAN FKA.NCISCO Office. «tt CaUTorsU St.
NEW YORK
AW.
Agents. J.
Aathorlaed Capital,
.
Paid up and Reaerve,
.
-
$6,000,000.
1,7UO,OUO.
Tranaaet a general banking bnalneaa. IsaanCom.
narolal credlta and Bllla of Exchange, available in
«U parta of the world. Collectlona and ordera .'or
Jk>nda, Stocka, etc., executed upon the most favor
ableterms.
FKKD'K F. IX)W,
l„
IGNATX8TBIMHABT, J ""»«*'»•
„ „ ,.
P. K. LIUBllTUAii, Caahlar.
&
Co.,
All
aold.
orden
VKRMILni A 00.
MERCHANTS' NATIONAL BANK,
made on
prompt
all
return.'*.
Southern pulnta on
bMt
terms
;
John
President.
F.Oti.v.v.Ciish. Vusit. B. ScoTT.Vtc».Prea<t.
JOUN
BRANCH.
1>.
VIKUIMA,
Information on all claasoa of Southern SecuritlM.
especially State Bonda, Tax Coupons, Ac.
Oorreapondence aoUcited.
HARRIS
RIIIND,
ac
305 OEiIVE
&
STREET, ST.
Co.,
LOtJlS,
flio.
First-class Western Investment Secnrltles for
•ale. St. i«onls City and States of Mlssonrl. Ksnsaa,
Texas, Arkansas and Colorado Bonda a specialty.
Full Information given In reference to same on ap»
llcation. Coupons and dividends collected.
&
John V. Hogan
113 No Third
Street, St.
Co.,
LoaU, Ho.,
'
DSALEBB IX
Weatem and Bonthweatern
Municipal and Ballnxul
Bonda or Stocka.
Defaulted bonda a apecialty. Choice Investment
aecurities always for sale, write to tts before you
bur or sell any Illinois. Missouri or Kan^ns ounda.
MATTBIW8.
l,EO.NAIlD
Matthews
EDWARnS
Member N.
&
WlIITAKCR,'
Y. Stock
Bx^
Whitaker,
ST. LOUIS, MO.,
BROKERS AND DEALERS IN
State, City, Connly and RR. Bonda A; Sloclu.
INVESTMENT
and VIRGINIA SECURITIES a
Correapondonce soKcltel and Information furnished.
N. Y. OoRnBSPONDKVTS— MoKlm Brothers
PliflaUcIpliia
C.
Buy and aell all kinds of Inveetment Beearltle*
outriKbt or on twmmiaaion. Information f omlahed.
Ordera and correapondence solicited.
BALTIMORE.
apeoialty.
Thomas.
Thomas
St.,
Orders receive prompt and personal attention.
Correspondents, Messrs. Maxwell X Graves, New
York City, and Measrs. Blako Brotnera & Co.. New
York and Boston.
*
&
Bankers.
JOS. M.
&
k Oo
Shoekakir.
Shoemaker,
BANKER!? AND STOCK BROKERS,
PHILADELPHIA.
Dealera in alt Issues of United States Bonds.
Inreatment Secunlles a specialty. Correspondence
InTlted and full Information upon Qnanclal aubjecta
fumiahed.
Jarvis, Conklin
Co.,
KANSAS CITY, 3IISSOURL
FIRST
MORTGAGE LOANS
Southern Bankcra.
BANKERS,
&
mOBILE, ALABAMA.
BANK OF KANSAS,
strccEssons to
ee
PRESCOTT
A.
BAN K K R8
CO.,
,
Capital
TOPEKA, KANSAS.
•! 00,000
Municipal Bonda and Mortffa)zeI,4)ans Nofrotiated.
per cent t'arm Mort«n«ies n specialty. A
BANKING BL'!<1NESS TIlA.NhAlJTKD.
Collectlona and correapondence receive prompt atBliiht
'.K.VERAL
tention.
CoKB(8P0N'DKNT8.— Boston, National Bank of
New York, American Exchange
National Bank and Ninth National Hank; Chloajro,
I'reston, Kean A Co.: St. Loui*. Third National
Bank Kanaaa City, Hunk of Kauaaa City and March .nts' National Bank
North America;
;
TaOB.P.MIUJKU, R. U. WILLIAMS. JNO. W. MILLSB
CUAS. B. MILLBIU
Thos. P. Miller
ImproTTd
A. Pbescott, Prea.
Jonx KiiAXcra, Caahter.
p. I. BONEBR.\IiI, V-PrOS. K. B.PBK8COTT,Aa.(JaiSb.
CENTKAL
No. !ia7 Walnut Place, PUiFiADELPHIA.
(iOTernment, State. Municipal and RaUwmTBondt
and Stocks bouKbt and soM at all the BxcnanKes.
Investments prudently made in suand railway socurltles. Collections promptly attended to.
Correspondents carofuUr represented at Auctlom
and Private gales. Itond!) of good but not welK
known railroads tilway:* nnnted for InTeatments ut
tUe beat mios. Ordurs on maruins not entertained
upon
farms in the best portions of Kansas and Miiaourt.
w.irth from three to six tint s the amonn* loaned.
Interest 7 and 8 per cent semi-tinnuNl. and always
Co lected and remitted to investor fr.-o of chxrae.
C^ver a million dollars loaned and not a doll -r lost.
SavlnRs b»nk4, ot<ll(>tfeff, estates and private Individuals who want SAKE and I'HOKl TABLE inreatmonts, write for circular and fall information.
A. P. Turner & Co.,
BANKERS,
6eliemanA0o.
BOSTON CXirreepond'ts, Ma8saohui.ett4 N.B'k.
VlrRlnla RtateTaz-
Coupona bouubt and
BANKERS AND BROKERS,
134 South Third
BONDB,
STREBF,
BAIdTlinORE*
Box 313.
DepOBltji received 8ubji?ct to ohcclc at sight, and
tntereiit alluwed nn daily bnlances.
Stocks, Bonds, ..tc, bouiiht and sold on commission
In any city. Purticrular attention Kiven to information reffardlnc investment Securities.
Geo.
OF
GERMAN
No. 27
P. O.
New Tork
The Nevada Bank
aell
P. F. Keleher
Sons,
BALTIinORE.
etc.,
Cullloruiu Banka.
&
TRANSACT A GENERAL DOMESTIC AND lOE
BIGN BANKING BUSINESS.
AND Stock Bboksbs,
TORONTO,
Bnyand
IVestem Bankers.
BANKERS,
SOUTH STREET,
No. r
WALL STREET.
WALTER
CO.,
tt
VIRtllNIA,
Gorommcnt, State, Manlotpal aad
Rallrnad Bonda and Stocka. Ac.
Connty and Railroad Bonda.
Robert Garrett
BUCHANAN, Ocneral Manager.
Noa. 59
HAVRY
STOCK BHOKEB8,
STOCK AND BOND BROKERS,
Baltimore Bankers.
OfFlCE,
R. H.
GOVERNMENT SECURITIES
DBAI,ER8 IN
SMITUSRS, President.
XSW YORK
S. O.
AUGUSTA, UEORGIA.
Bank of Montreal.
J.
BANKINO AMOOIATION,
CHARLESTON,
Co.,
STATE STREET, BOSTON.
40
State, City,
W.
BUt«f
ArriKTION OITEM TO COixicnoHl.
RICII.nOND,
C.has.
C. F.
parta nf the United
THOMAS BRANCH &
|
$13,000,000, Gold.
S,000,000, Gold.
all
CO.,
BANKERS AND COMMISSION MERCHANTS,
DEVONSHIRE 8TKEET,
Afienta In New York;
Ajtenta In London
BosANguBT, 8AI.TAC0.. Bank or Montreax,
SU Wall i^iruvt.
73 Lombard Street.
CAPITAL,
SVHPLVS,
NATIONJkl.
Collections
Orders for Stocka sxecnted in Boaton,
and other markets.
Prompteat attention paid to collections payable In
any part of Canada.
Approved Canadian baalneas paper, payable in
ffoldor carroncy. dlacounted at the Head Office on
reaaonable terms, and prooeeda remitted to any
part of the United Statea by draft on New York.
laaom
RICH;»I0ND, VIRfJINIA.
BOSTOiy.
Welland. Femua, Woodstock, WInnlpcii. Man.
Dealera In American Cnrrencr A StoFlInK Exchange.
I
made on
promptly attended to.
New Tork Correspondent.
DKVOA'SHIKB STREET,
BnAHVUKS:
A. K. W.ti,KCii.
RICHMOND,
BANKERS,
No. 68
u
BANK OF CHARLESTON,
Itccelrable
Me. 83
BL Oathartnea, Port Colborne. St. Thomaa, Inveraon,
nollnctlona
Dealer* In Municipal, Htntr. Itnllroad and
United Matca Bonda.
Parker
I'rea
First National Bank,
WILniNOTON, N. <*.
9PECIAI.
t
HEAD OFFICE. TUUONTO.
HOkRuax,
K. K.
WH.c.CouBTRar.PrM. BRfwrlt. Pjti.woLi.Cuh
Imperial Bank of Canada Tower, Giddings
Capital, $1,000,000.
BANKERS,
a.S.BO'WLAND. Prea't D. R. WILKIR, CaaUer
:
Co.,
uovwos.
Acencr. 4S Excbaane Place.
IIKNIIY
Soulhom Hnnkon.
CONGUEMS bTHEET,
35
No.
Hon JOHN HAMILTON.
Bankers,
Brewster, Basset
BANKEKS
Vlc.'-IT.M.I.mt.JOHN MoI.KN.SAN, l>q., M.I'.
IIK.VI) (IKKICe, MONTIIEAI,.
IM
THOS. U. TnoasTON.
Wii.
W. Thor.\tov. Caab.
THORNTON & SON,
Co.,
(Established UDOJ
BANKERS AMD M R O K B R
W.
V.
flL
SnELBYVILLE, lU-INors.
Bpeoial attention paid to collectlona, ir^vh prompt
remlttanoos at current ratea of exchange on oay of
rol'setlonsmadoloSliolbfaadadJolnlncConntiM
and Prooeeda remitted on Day or Puyraont
Correspnndenti.— National Bank of 8tat« of
Tork, Now fork Louisiana National Bank.
Orleana Bank of LlTerpool, UrerpooL
York. Union National Bank, Cincinnati. ThlrA
National Bank, bt. Loola. Traiders' Baak, Chlaaa*.
payment
:
;
New
Mew
UKrEKENCBn-Natlonal 'lankofCnmniomOfov
IndUno Baukuig Company, Indlaaapolia.
:
THE (JHRONKJLE.
[Vou XXXIV.
Financial.
Financial.
Financial.
UNION
Mortgages on Farms
Brothers,
AND
BANKERS,
Life Insurance Co,
Balldlng,, Mutual
(EquUable
Broadway
190
Kansas City Real Estate^
OF MAINE.
NEW Y O H K
POBTLAN D, MAINE.
DIRECTORS' OrFICK
NETTING SEVEN PER CENT
ANB
lETTEBS OF~~€KEDI'r
Kountze
.
-
CIBCCIiAK MOTES
Bllla
1849.
laees In the United States.
,o„,
received subject to check "t -laht. and
Deposlu
""•^
terest allowed on balances.
and Investnient
GoTemment and other bond*
onStles bonirbtand sold on commiMlon.
Inae-
$88, 915, 136,
Tevei^am) columhi's Cincinnati
* INDIANAPoilM liAiL.^\'AY COMPANY
C0NSUL1x"aTED MORTGA ,B^ BONDS.-ln ac
Paid Death Losses, since Organization,
DOLLARS,
FOUR MILLION
Dividends,
bondj,
eordance with the provisions of the above
that the foliTthe uiiderslcncd, hereby Kive notice
lowing numbers, viz.:.
And
for
THREE ANB ONE IH ALF MILLIONS.
JOHNE, DeWITT,
>\ith
,
the accrued inte est tljereon, as pro-
CHARLES EDWARD TRACY,
Surviving Trustee,
J, HOOD WRIGHT,
of Dreiel, Morgan & Co.
WALTKR B, HORN,
,
Notary Public, Kings County.
Certificate tiled In New York County,
Note,— Such of the above-described bonds as
liave been stampt'd pursuant to the agreement of
Aprll28, 1880, will remain exempt from the sinking
fund provisions of the mortgage and this notice,
GEO. H, ItnSSBLL,
Secretary and Treasurer.
5 L.8, f
I
>
WESTERN
UNION XEliECRAPH
COMPANY, New York, March 8, 1882.
DIVIDEND No. 69.
The Board of Directors have declared a quarterly
dividend of One and One Half Per Cent upon
the capital stock of this company, from the net revenues of the three months ending March Slat Inst
payable at the oflBco of the Treasurer, on and after
the 15th day of April next, to shareholders of
reeord on the 18th day of March instant.
The transfer books will be closed at three o'clock
on the afternoon of the ISth of March inst,, and
re-opened on the morning of the 17th of April next.
R, H, ROCHESTER, Treasurer,
_
MOUX CITY
OFFICE DUBUQUE
RAILROAD COMPANY,
<&
No. 62
WILLIAM ST„
»BW
YOBK. March 7. 1882,-NOTICE.-A SemiAnnual Dividend of THREE PER CENT has
day been declared upon the stock of this
company, payable on the 16th day of April next
at the office of Messrs, Jesup, Paton ic Co,, No, 52
William Street, New York, to stockholders of record
& SPRINGTNDIANAPOLIS DECATUR
1
FIELD RAILROAD COMPANY
FOBTY-YBAR
FIRST MORTGAGE 8 PKR CENT
BONDS, COUPON OR BBGISTBRBD.
INTEREST PAYABLE APRIL
AND
1
OCT.
1.
Issued at the rate of $11,800 per mile, solely for the
purpose of redeeming the b liance of outstanding Sinking Fund 7 per cent bonds
of tills Company.
These qonds are, with the .nitstanding 78, aflist
lien on 152 miles of road and its equipment, and
recommend themselves as a first-class investment.
The railroad of this Company is now operated by
the Indiana Bloomington & Western Railway Company under a minimum giiarantt'ee of f 200,000 net
income per annum, amountini^to nearly twice the
annual interest on these bonds. It is estimated
that the completion of the projected extension
westward will more than double tiie present net
earnings and leave a large surplus over fixed Interest charges.
We offer a limited amount of these bonds at 102
and accrued interest, subject to advance of price
without notice.
FAHNSSTOCK & CO., 2 Wall Street.
TOWN BONDS.
COUNTY, CITY AND
Alb.& Sus. RR. 1st con. 7s,
Atlan. & Pac. RR. 1st 6s,
Cent, Pacific RK, gold es.
Chic, Burl. A Q. RR. 78,
Chic, Mil.* St.P. RR. bds,
Erie RR. bonds.
Lake Shore RR, 78,
Mich, Central RR. 78,
Morris A Essex RR, 78,
N, Y, Central RR. bonds.
N. Y. A Harlem RR. Ts,
Chic, & Northw, RR, bds..
Chic. R, I, i Pac, RR. 6s, Ohio A W. Va. RR. 1st, 7s,
Scioto Valley RR. bonds
C, C. C, & I. RR. con. 7s,
Continental Con. Stock,
and stock,
Del. A Hudson 7s,
St. Paul M. A H.RR. lat 7s,
Union Pacific Kit. tis A Us,
Del. Lack. A W. RR. 7s,
BOnQHT AND SOLD BY
». A. EASTO:«,
BOODY, McLELLAN Si
tills
The
tranafer boeks will be closed on the
and re-opened en the 17th of April next,
J, B,
DUMONT,
BEOADWAT.
5S
31st
Treaaurer.
GEO. A. Lewis,
First
OFFICE OP TUE
BICHMOND * DANVILLE RAILROAD CO,
)o.,(
145Broai>wat,New YOUK. March 4, 1882,
2,
)
rpHE SIX PER CENT DEBESTUKE
BONDS
Pres't.
DEPOSITORY,
8.
,
^-'rORK,
MARCH
CO.,
NEW
1882,-In pursuance of the
asreement of consolidation of this company with
the Atlantic & Northwestern Railroad Company,
stockholders are hereby notlHed that oertiflcates of
the consolidated company will be ready
!l°"!5 ?.*
"!!:'"> 1*' 1882. In exchange for thi
™LS*1'^"5^.
present outstanding oertiflcates, at the rate of 125
lfii.«'«f LfnSo V** """'^''"'.'''8°"'»'0'!l'- This
JSiHmJt "".OOO shares comprises a portion of the
JUOUISVILLE,
will close
B, Q,
^
°°"''"'
"' "''"=''
""
on the 13th Inat
MITCH ELL, Secretary.
rvFFICE OF THE DEADWOOD-TERRA
^MINING COMPANY, 18 Wall Street, New
York, March
9, .1882,
DIVIDEND
A
No.
H. B, PARSONS. Becretary.
QFFICE OF THE ONTARIO 81LTER
^ MINING CO..
18
March
promptly remitted ut best rates.
Banks and Bankers
Proceed
Accounts
solicited.
WALL
Street,
New York
^u^n,
6. 1868.
DIVIDEND
No,
The BegnJar Monthly Dividend
77,
of Fifty Cent, per
'"*° "«<>'««« 'or February, payable
at
fJ"^"™
the
^oe of the transfer a«ent«, Wells, Fare*
>.»"v^.,
& 0»„
No. ae Broadway, on the IStk inst.
Transfer beoks o)we en the 10th last
H, ». PABeOHS. tolatwt
8««r;t»ry.
making such
ALL
colloctic-ns,
EXPENSE
AGREEING TO STAND
SHIELD INVESTORS
TITLES GUARANTEED. ALL
BONDS PROMPTLY PLAQBD. Write for circuand
LOSS.
and full particulars, stating amount you would
wish to Invest On satisfactory evidence as to securiAc. Adress
lar
ties, titles,
JARVIS, CONKLIK
CO.^
&,
LOAN BROKERS.
KANSAS CITY, IdlSSOl/RI.
LONG ISLAND
RAILROAD COMPANY.
FIRST CONSOLIDATED MORTGAGE
PER
FIVE
CENT,
Year
Fifty -
Bonds.
INTEREST PAYABIiE QUABTERI-T,
JANUARY, APRIL,, JUIiY & OCTOBER,
The undersigned are prepared to receive Subscriptions for a limited amount of these Bonds at
par, reserving the right to advance the price without notice.
recommend these securities as a.
safe and desirable Investment. For further infer
We
mation apply to
CORBIN BANKING COIHPANY,
No. 115 Broadway,
New
York.,
No. 43 Milk Street, Boston..
JAMES
Ci.
KINQ>S SONS,
nAXWELIi
61
and 53 WUllam
tc
GRATES,
St.,
New TorkNew York.
NEW YORK LACKAWANNA & WESTERN RAILWAY COMPANY
FIRST mORTGAGE SIX PER CENT
BONDS OF 1921.
Interest payable semi-annually upon tne first.'
days of JANUARY and JULY.
This road forms with the Delaware Lackawanna.
k Western Railroad a direct through line from
NEW YORK TO
BVFFAIiO.
a first lien upon the equipment,
as well as upon the Road.
The Mortgage
Is
FOR SALE BY
Car Works
for Sale
MOSES TAYEOK &
!
In running order and at work on freight-car conSituated at Bellefonte, Pa.
About 100
horse power from water, with 80 horse power of
steam in reserve. Machinery new and of latest design. Good lumber location and railway connections.
Rare opportunity for railway capitalists or practical car builders, as the works will be sold low for
cash. For particulars apply to
JOHN ROEBUCK, foS Water St., New York.
52
CO.,
WALL STREET
WANTED
tracts.
TO PURCHASE ALL CLASSES OF BONDS
OP THE
nnd AlleKbeny, Pa., aad(
County ol Allegheny, Pa.
B. Hllili & CO., Broken,
Cities of Pittsburg
GEO.
PITTSBURG, PA.
Car Trust Bonds.
Spencer Tratk
WK MAKE A
16.
dividend of Thirty Thousand Dollars,
being
Fifteen Cents per share, has been declared
(or Pebmary, payable at the office of the Transfer
Agents'
Wells, Fargo A Co., 6S Broadway, on the
SOth inat'
Transfer books close on the 18th.
.
KENTUCKY.
Special attention Riven to coUectlonB.
1,
|i;'S?JeKtrn?f^,"*'''"'Trausfer books
A. L. Schuidt, Cashier
National Bank,
U.
X
ofithe Richmond A Danville Railroad Company
are now ready for d,slivery to subscribers on application to the Central Trust Company, No. ISNasrau
Street, New York.
A. S. BUKORD, President,
QHIO CENTRAL RAILROAD
Investors.
to
No. 74 Broadway,
Witli
CO.,
Bankers and Members New York Stock Exchange,
at the cloBlng of books.
sst,
Interest
In an experience of many years and loaning over
a million dollars, not one dollar lost.
We assume the responsibility of MAKING ONLY
SAFE LOANS; of collecting the interest and principal and remitting to
investors, FREE
OF
CHARGE, and in case of any trouble or delay In*
FROM
Seo'y.
A. G. MILT>)N, Actuary.
,
Director.
THOMAS A, FOSTER. Medical ^_
Tided in said bonds, at the olBce of Messrs. Drexel,
Morgan & Co.. In New York, or at the office of Messrs.
J.S, Morgan &ro,,in London, on the first day of
June, 1882, on which date interest on said abovebonds willcease.-Dated March e, 1882,
aealgnated
"
Attest
President.
DANIEL SHARP, Vice-President,
HENRY D. SMITH, Secretary,
NICHOLAS DK GROOT, Ass t
3.842 3,658 5,844
4'5M 5180 6,7M B^OS 6,401 6,017 hundred
and fift'elne one per cent of thirty-one
paid and
teen bonds outstanding (including those
that
would
interest
the
plus
fund),
sinking
held In
were
have accrued on the bonds air' ady redeemed,
this day desiunated in my presence to be redeeme.l,
together
Seini-Annual
Aaseta
of London
drawn on the Union BankI-ondon
and to
transfers made to
Talegliphlc
1 3'eB"'P
-
$T,OT8,720 78
We negotiate loans on improved and productive
648,497 27 farms
SnrpIn»(N.Y. Standard)
in the best portions of Kansas and Missouri
Deatb Losses Paid - - 5,545,224 62 worth from 3 to 5 times the amount loaned.
83
3,866,361
Dli^ldeuds Paid - - Acknowledged to be the most SAFE and PROF15,775 Policies In force, Insuring ITABLE form of investing money known.
use of tnivelera In
parts of the world.
listted for the
all
-
ORGANIZED
SPECIALTY OF THESE VBK'S
SAFE SECURITIES, AND BUY AND SELL SAME
AT MARKET PRICE.
WE OFFER A LIMITED AMOUNT OP DESIRABLE CAR TRUST ISSUES, ADDITIONALLY
SECURED BY THE DIRECT OBLIGATION OF
THE RAILWAY EQUIPMENT COMPANY.
POST, 9IAKT1IW
34
PmB
&
CO.,
C.
** BecnrltieB lor
taTwtment
70 Broadway,
New York
City.
Transact a general Banking Business-
Bought and Sold on Margins.
on Deposits.
Interest allowed
Chew,
J.
No. 7 WALL STREET, NEW YORK.
TEXAS RAILIYAYS,
BONDS, I,ANDS, tec,
/LtMtjTwhwSf
Spencer Trask & Co.,,
BANKERS AND BROKERS,.
Stacks
STREET.
Fred. B. Noytl.
Oeo. F. Peabody.
«»«.
Branch Offices,
Connected by Private Wires,
Philadelphia, 132 S. Third
St,, C. F.
Albany, N.Y., Maiden Lane, W.
Foxj
A. Geatos,
Saratoga, N. Y., Graad Union
HoUl
—
1
II
xmitk
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
[
Entered, accontlng to aot of Congresa, In tbe jear 1882, bj
VOL.
Wm.
Dana A
B.
Co., In tlie office of tlie
SATURDAY, MARCH
34.
C
ONTE NTS.
Ubrarlaa of Oongreu, Washlnfrton, D.
NO.
1882.
11,
C.
I
872.
for at tke market price it has no
must buy if he offers. Now to understand
THE OHBOmCLE.
NtMv Silver ('i)iiiiu?o Bill
273 The Southwestern OverHow... 279 clearly the kind of machine the holder of bullion would
isioiiis
Duties,
Commeroial
('ertWed
.Monetary Hud
Clipcks and I.iglit Coins
280 possess, suppose that instead of silver the bill read wheat
274
English News
The Fluanciiil Situation
275 Commercial and Miscellaneous
What a good time the speculators would have
Ballroad Kamings in Febru282 or cotton
News
ary, uiul from Jan. 1 to Feb.28 277
had this winter with such an arrangement in force All they
THE BANKERS' GAZETTE.
iloney Market. Foreign ExQuotationsotStocksand Bonds 285 need to have done was to work up the price of their comh;iii^e. U.S. Securities, State
Kallroad Earnings and Bank
any point they saw fit, and then dump a certain
ami Railroad Bonds and
Ueturns
286 modity to
SI<xks
283 Inventments, and State, City
portion
of their stock on the Government; again work it
lUn^e in Prices at the N. Y.
and Corporation Finances. 287
Stock Exchange
281
>ip and dump some more, and so repeat the operation at
THE COMMERCIAL TIMES.
constantly-advancing values until the Government became
iinmercial Epitome
298
293 BreadstuSs
"tton
299 the wheat and cotton store-house not only for this country
293 Dry Goods
but for the whole world.
a
sure purchaser,
option
1
)ii>
—
it
.
I
!
1
. .
|
I
It will doubtless
CoMXSBCiAL ASD FINANCIAL Chrosiclb u isfiied every Saturday morning, with the latest news up to midnight of FHday.
Ku tered at the Post Ortioe, New York, N. Y., as second-class mail matter.
'.'At
|
TERMS OF SUBSCRIPTiON-PAYABLE
IN
ADVANCEi
For One Year (including postage)
for Six Months
do
.lAunual subscription In
Sixmos.
do
London
(including postage)
do
£2
78.
1
88.
IjiTerpooI Office.
The office of the Chronicle in Liverpool is at No. 5 Brown'a Bullditligs. where subscriptions and advertisements will be taken at the
«^ular rates, and single copies of the paper supplied at Is. each.
WILLIAM B. DANA k 00., FabUahars,
WIU.IAM B. DANA. )
79 ft 81 William Snrvet, NEW YORK.
mOBS Q. FLOYD. i
Post Office Box 958.
NEW SILVER
COINAGE
silver dollars.
be said in reply that the certificates
bullion are redeemable only with
for
But that
is
they are a legal tender for
a fact of no importance, aa
all debts, public and private.
Mr. Payson, himself, would probably
good as gold
tell
us
dollars
;
that
silver
and so they
are for this purpose, up to a certain point in the process,
Subscriptions will be continued until ordered stopped by a vtritUn
•mrder, or at the ptiblicalioH offlee. The Publishers cannot be responsible
)|or Remittances unless made by Drafts or Post-Otlice Money Orders.
A neat file cover is furnished at 50 cents; postage on the same is 18
•Dents. Volumes bound for subscribers at $1 00.
THE
return
dollars are every bit as
$10 20.
6 10.
do
issued in
BILL.
which we shall explain shortly. The method of manipulation would be to corner silver bullion, work up the
price, make delivery of the stock on hand at the Treasury,
take the certificates issued at the advanced value, and
them among the people, especially in the South,
and West, in payment for cotton, tobacco, wheat, corn,
pork, &c.
After that had been fully accomplished, there
would be a shifting of the scene, and the silver operators
would appear as bears severely depressing the market,
and holding it down. Of course no one would deposit
distribute
Chairman of the Coin- silver in the Treasury while its price is depressed, but
age Committee, has this week made himself, his State and gradually at the lower values our speculative friends would
his committee famous by reporting a bill, not only con- secure a new stock, drawing it not only from their
tinuing the coinage of silver dollars, but also containing mines here but from all parts of the world. The very
certain other very ingenious provisions for robbing the fluctuations in price which they engineered would help
roducing and working classes to benefit our very-much- them in their plans, for it would more than ever disgust
loated-aristocratic-silver-mine capitalists.
Of course this all European countries with silver, and lead them to sell
aeasure can never become a law, because even if it could even their currency to us as bullion on any upward turn,
pass the Senate the J*resident would veto it
but its ear- as rapidly as possible. Having thus stocked up again,
marks are so obvious that professions of devotion to the the market would be manipulated for a further rise, and
people's interests from the members of the Coinage Com- the deliveries made to the Treasury with the results as
mittee ought not t® deceive any one hereafter.
before and so on ad infinitum, and to the people—caa
The main feature of the bill requires the United States there be any doubt about it ? ad natueam.
Treasurer and Assistant Treasurers to receive all silver
The public, however, is too familiar with comers and
It is enough
bullion that may be offered in quantities of the value of market manipulations to need further details.
one thousand dollars or more, and to issue silver certificates to know that by law we make 88 cents' worth of silver
Congressman Payson
of Illinois,
;
;
pay as much debt in New York as 100 cents
worth of the same bullion will pay in London, and havThe object is to let the silver-mine capitalist get rid ing done that, we provide a way in which any country
of his production at a good price. So these philan- can secure this advantage. Thus, for instance, with cotton
thropic Congressmen give him the Government as at 12 cents a pound, one potmd more can be bought
•of
not less than five dollars each for this bullion at
market
value.
its
Imagine these provisions in operation.
bullion
THE CHRONICLE.
274
in
managed on methods, which
109 cents worth of silver bullion
bought in Liverpool. Of course, such
New York
than can be
[Vol.
for
us discarded
many
as individuals they
a year ago.
XXXIV.
and
all
of
It is not a question either
which the merchant
is alone interested.
To be sure it
him mainly, for it increases largely the risks of his
business and entails upon him extra expense of both
into the United States Treasury, and the certiiicates issued
money
and time; but it is equally a tax on the Governtherefor into the hands of the farmers in return for their
many ways, and especially in exacting additional
ment
in
productions. It is also equally plain that in due time this
with greater liability to error in handling money
hire
clerk
process will expel all the gold we have in circulation, the
conditions must speedily throw all silver bullion and
all silver which any country is willing to sell as bullion
in
cheaper driving out and taking the place of the dearer
instead of checks,
affects
while
it
does not ensure safety in the
least degree.
money.
Then, furthermore, the method pursued is very irksome
But what will be the final outcome of these operations ?
to
banks, giving them much unnecessary work and some
The Treasury will possess some hundreds of millions of
loss; we do not refer to the actual labor in transferring the
silver, but it will no longer be owned by the speculators who
gold though that is a thing to be avoided if it serves no
put it there and got the certificates for it, but by the dear,
good purpose but to the light- weight coins which are at
simple people who hold the certificates, and who will hold
times returned to them by their customers.
The banks
them when the break in the gold value of silver shall come
receive
coin
and
give
it to their customers in bags by
this
through this little device. As all commercial gold will be
weight in bulk, but the Government insists that each piece
driven from the United States, being demonetized by the
must be singly examined and be of full weight, although
will
Europe,
it
be
easy
for
France
silver dollars, to
—
—
cheaper
the whole bag shows over the legal average.
The loss
from natural abrasion allowed by statute is "not more
and the other States of the Latin Union, as well as England and Germany, to adopt the gold standard. Then,
when Europe has no
silver
money except a convenient than
one-half of one per cent "
more
the coin has been in
if
and " at a ratable
supply of subsidiary or token coins and no interest in sus-
circulation twenty or
taining the value of silver as money, but has an interest in
portion for any period less than twenty years."
depressing
its
who
the people
therefore whether the coin
value as merchandise for shipment to the East,
hold these United States silver certificates
may
be thankful if they can buy one gold
value in merchandise, with two silver dollars.
dollar, or its
About that
rule, or just
below
is
it,
is
years,
up
pro-
To know
to the standard
under
this
not infrequently a nice question,
which the banks in transactions between themselves do
not spend time to determine so long as the bag as stated
gives a total which makes the average weight above the
Committee on Coinage, and bitterly hate the knavery requirement. This it would seem ought to be sufficient
which, hidden from sight, moved the committee as puppets for the Government also.
But admitting that the practice in tliese two particulars
to their disgraceful work.
Copper and nickel are used in our coinage as well as cannot be justified and needs modification, as we think all
silver.
The production of these metals together is worth must agree, the question arises how is a change to be
time they will fully realize the peculiar stupidity of this
more than the production
"Why not make
of silver.
the
secured.
The popular
belief is that the
whole matter
lies
within the control of the Treasury Department.
This,
United States ^Treasury a store-house for these also, and
however,
is
not
clear.
so
At
least
with
regard
to
the
certificates
issue
for each hundred dollars' worth deposited
at market value?
The copper certificates would have method and kind of payment to be ma|ie the law seems to
more chance of permanence or steadiness of value than be explicit and to leave nothing to the discretion of any
The words of the act are, " all duties upon
the silver certificates can have, and would be commercially ofiBcer.
" imports shall be collected in ready money and shall be
better.
—
" paid in coin or in United States notes," &c.
CUSTOMS-DUTIES, CERTIFIED CHECKS
LIGHT COINS
We have
difBcullies
been asked to
call
AND
attention to the unnecessary
merchants encounter in paying customs duties.
scarcely be
more imperative,
for
it
This could
not only says that the
duties must be " collected" in ready money, but also that
they " must be paid" in coin, &c.
under that provision any appeal
We
to the
do not see how
Treasury Depart-
Beyond a doubt,
it is
a wearisome operation at best, ment is likely to be successful. It may be said very truly
goods through the Custom House but when that certified checks in ordinary business parlance would
we add to the other machinery a regulation that payment of be included under the head of "ready money", and yet it
the duties must be made in actual coin ^no certified checks would be very
loose interpretation that would make such
being allowed and that each coin must weigh within an expression in a statute elastic enough to cover
checks.
this passing
;
—
—
the statutory half per cent of the standard weight, the
system
really becomes, as
obstructive
our
correspondent
remarks,
Only think of the absurdity of compelling a merchant in these days
of
improved methods for making exchanges to go to the
expense and risk and trouble, of carting through the city
a hundred thousand dollars of gold, more or less, up to the
Custom House, and there have each bag opened and each
coin that is a little rubbed weighed.
And yet this is
precisely what importers have to submit to every day
now.
to
business.
—
As
individuals
we
—
are in our various occupations trans-
ferring millions upon millions almost hourly, without
seeing a dollar of gold, and no system with more friction
But in
this case there is not
the law
much room
for doubt since
above
United States notes," &c., as the
ready money" which is to be used for payment.
itself,
in the afterpart of the sentence as
quoted, specifies "coin.
"
We
think therefore that appeals to the Secretary of the
Treasury to change the present practice and permit certified checks to be used in payment of auties are misdirected.
Congress
—the
very properly be
proposal,
so.
We
power
—
is the body which
The Secretary could
asked to formulate and recommend sucli a
law-making
should modify the existing
rule.
and there seems every reason why he should do
have already shown that the change would be a
saving and source of security to the Government and to
the merchant.
We may also add the further suggestion
would meet the requirements of our busy life. Every
that it would tend to make the Treasury operations less
man, whether he has had city or country experience, knows
disturbing to the money market, since only daily balances
this, and yet the Congressmen and Senators
we elect would have to be transferred through tlie Clearing House.
permit regulations to exist and the Government to be
If our merchants therefore would call attention of their
THE CHRONICLE.
Mai(CH n, 1683.1
Congtossmon to this subject
something practicsl.
it
would be
likely to result in
276
Aa undoubtedly that speech
views of a large majority of the Russian
not a matter of wonder that the Czar should
General SkobeleS at Paris.
reflected the
The other complaint with reference
light coins, is probably within the power
to throwing out
nation
of the Treasury
decline to do so.
it
is
It is an easy matter to force a nation in
weakness
to desist from carrying out its
Department to remedy.
traditional
weight,
but
policy,
under
but
accepted
it
is
quite a di£ferent thing to make
coins
for
incurs no liability
Accordit
reject
them.
every
of
utterance
dispose
in favor of that policy.
way
to
provides
a
Wo
law
the
In the
ing
section
to
3,512
of the
first
"any
Revised Statutes,
" gold coins in the Treasury of the
" reduced in weight
place, the Secretary
United States when
by natural abrasion more than
one-
one per centum below the standard weight
" prescribed by law, shall be recoined."
This cannot
" half of
refer to reduction of weight while in the Treasury, for
there can be no material abrasion while resting there; but
it must have been intended to cover any case of light coin
the day of
its
war will be avoided, aa it
would be a very destructive one if begun, but cannot see
that hostilities would be likely to disturb our financial
markets. In fact a mobilization of the armies of Europe
would tend to lessen cultivation there and to enlarge the
consumption of food, thus increasing the dependence upon
American supplies. This in turn would necessarily affect
sincerely trust, however, that
favorably our railroad earnings.
With regard to the business situation here, outside of
busiWall
Street, there has been no change during the week.
conform
to
methods
Government
have
would be to
Banks, as already stated, pat their gold The country, as a whole, is evidently prosperous, exness methods.
into bags, and test the coins in each bag by the weight in changes are active, our industries are in a sound conWe need go no
If in this way they reach the legal average, the dition and making good progress.
bulk.
And
received.
in receiving coin the reasonable practice
hand among
themselves, and to farther than railroad earnings to prove these statements^
The Secretary can and yet they find corroboration in almost all our merThe prominent exception is the situeasily see that any rule which makes a particular examin- chandise markets.
ation of every coin necessary each time the bag passes to a ation in the districts of the Southwest, where the floods
new owner for the date must be looked at as well as the are causing loss, suffering and distress. Still the overcoin if we are to know whether the abrasion has gone too flow has come so early as probably not to endanger
far
would be extremely irksome; and when we consider cotton planting. We may add that over a large portion
how very trifling the loss can ever be to the Government of the South food products were very short last year by
in accepting a bag at the valuation of average weight, it reason of the drought, so that the people were illy predoes seem as if the rule in question ought not to be pared for this new disaster. But the flood is a comparaenforced unless the law very clearly requires it.
tively local matter, and does not affect our general
We are aware that the Treasury regulation is based remark that the industrial outlook continues very favorupon section 3,505 of the Revised Statutes, which says able. And if there were wisdom enough in our legislators
• *
"if reduced in weight by at Washington to correct the evils which have begun to
that " any gold coins,"
"natural abrasion not more than one half of one per manifest themselves in some of our existing currency
" shall be received at their nominal arrangements, we should feel that not only the present
" centum " *
* *
" value by the United States Treasury and its offices," &c. but the future prospects of trade were peculiarly favor-
bag passes from hand
to
their customers, without
question.
—
—
This of course, in cennection with the legal tender section
able.
be construed, if the Government is so
In Wall Street, however, the week has been one of
disposed, as meaning that "every gold coin" under the half unusual agitation and disturbance.
The first unfavorable
per cent tolerance must be thrown out. And yet it does not event was the announcement of the failure of Charles A.
(section 3,585) can
8»y
so,
but reads " any gold coins," clearly permitting of
&
Sweet
Co., of Boston.
It
seems that they committed
we propose, and which would conform to themselves to the Massachusetts Central R*ilroad enterRemember also that this section is not prise at a time when they supposed they had good reason
methods.
the interpretation
business
a prohibition but simply an
would be encountered in negoThe market changed, capitalists
section indicating what is to be done with light-weight became distrustful of new undertakings, and embarrasscoins;
putting these considerations in connection with the ment quickly followed.
The latest news shows that the
actual words of the statute, should lead the Secretary, failure is by no means a bad one, and it is hoped that,
we think, to change the present practice. We will add with an extension, the firm will be ab'.e not only to pay
that the custom at the Sub-Treasury of mutilating, by its debts but show a large surplus.
power; further, that there
is
extension of
legal-tender
special provision in another
to think that
no
difiSculties
tiating its securities.
—
stamping with the
letter L, the light coins that are paid in
then returning them to the owner,
arbitrary procedure and has no law to justify it.
there and
is
a very
be wondered at that speculators for a decline
should make the most of this suspension. The
It is not to
in stocks
argument was that if this old, conservative house had been
compelled to succumb, why should not half the firms on
THE FINANCIAL SITUATION.
Hence it was easy enough to circulate disthe street fail.
In the foreign financial outlook, there has been this quieting rumors and to give them currency even when
week a further marked improvement. We could not have attached to concerns as sound as the Baik of England.
more positive evidence of the radical nature of this change, Some of our best financial institutions were named as in
than the reduction of the Bank of England rate to four serious trouble, sure to collapse and involve large numbers
per cent. From Paris we even have news of the resump- in their ruin.
What made the stories more effective was
tion of speculation, but profiting by the hsson so recently the semi-official air some of them wore when referring to
taught a conservative course is pursued, and none but banks for apparently the rumors had connection with if
substantial properties find any favor.
they did not come directly from Washington. That
One report of a disquieting character reached this side on feature however was explained Thursday, when a
Thursday, predicting serious political complications as defalcation in the Fourth National bank of 70 to 80
likely to result between Russia, Austria and Germany. thousand dollars was announced, the facts with regard to
This rumor groWs out of the demand of the two latter which had been discovered by the bank last Friday and
powers that Russia should clearly denounce the speech of referred to the Comptroller last Monday. This little
;
..
THE CHRONICLE.
276
[Vou xxxrv.
bursing for called bonds and that no gold was being
matter seems to have been the kernel of truth which lent
aided in imparting an easy feeling to the market
exported
rumors.
of
bundle
its support to the whole
The domestic exchanges are in favor of this
money.
for
the
that
suggestion
made
the
have
ofiScers
Several bank
city at all interior points, Boston having changed to 2.5
unite
should
Exchange
Stock
the
of
Committee
•Governing
The Treasury
per $1,000 premium on Thursday.
with the Bank Clearing-House Committee, engage eminent cents
week
have
resulted
in
loss,
a
which is a
for
the
operations
counsel and shrewd detectives, and thoroughly investigate
21.
of
The
following
banks,
$6,108,221
the
will
gain
to
with a view to the discovery and punishment of the
stories
engaged
parties
concocting
in
and
circulating
false-
A
special law covering such offences was passed
hoods.
required to cor-a few years ago, and all that seems to be
rect the evil complained of
officers
and a determination
to
of the interior
and Shipmen tafrom N.
movement
for the week.
Seceived.
Shipped.
proper actien by authorized
Currency
Gold
$1,390,000
24,000
$979,000
48,000
punish the offenders when
Total
$1,414,000
$1,027,000
Meeeipts at
Y.
This suggestion of some of our bank officers
discovered.
is
is
show the extent
The Bank of America receive d $2,300,000 gold during
certainly therefore worth considering.
the week for the associated banks, and paid out $950,000
It was not until Tuesday that the Wall Street markets
(including $750,000 yesterday for Europe), making the
;gave
signs of recovery from
the effects of the Boston
failure. Wednesday there was another raid on prices, the
operators for the decline using the rumors above referred
to,
and
also
Louisville
damaging
k
stories respecting special properties.
Nashville was attacked, and various state-
net gain $1,350,000.
The Bank statement
was made up on
withdrawn for ship-
of last Saturday
rising averages, the gold ($1,500,900)
ment on Saturday having been counterbalanced by the
disbursements by the Treasury for bonds, which were
Making allowlarge during the closing days of the week.
ments of an unfavorable character were circulated in relation to the inancial condition of the company; among
ance for this fact, and also in part for the withdrawal of
others, advantage was taken of a decision of the United
$750,000 gold yesterday for Europe, the following will
States Supreme Court in the case of Fosdick against the
afford some indication of this week's return.
Chicago Danville & Vincennes Railway Company. The
above-named road was sold under foreclosure to the ChiInto Banks. Outof Bankt Ifet aain.
cago & Eastern Illinois, and the decision of the court Sub-Treaeury operations, net... $0,108,221
$6,108,221
$
declares such sale void.
latter corporation are
Consequently the
thrown
affairs of the
into confusion,
the
sale
Total
1,414.000
1,027,000
387,000
$7,522,221
$1,027,000
$6,495,221
under which they obtained title is invalidated, and securiThe foreign exchange market was quiet but firm
of which the Louisville & Nashville
ties issued by them
until Wednesday, when the tone became a little weaker in
owns $800,000 worth are alleged t* be worthless. The
there were, however, comparathe absence of demand
have a legal remeLouisville & Nashville doubtless
The reduction in the Bank of
tively few bills offering.
dy which can be enforced, and therefore the decree
England rate on Thursday caused an advance in
of the court may, and probably will, result in only a temIt has
the rate for long sterling, and sight was heavy.
porary inconvenience. Among the stories circulated to
been reported during the week that some stocks have been
account for the decline in Erie stocks and bonds was one
bought in our market for European account, but while this
that the interest on the second consolidated mortgage
is possible, London prices having at times been relatively
would not be paid. Inasmuch as this interest is not due
higher than our market, it is not probable that purchases
until June, the assertion that it will not be paid would
to any large amounts have been made, for if such were the
seem to be at least a little premature.
case, there would be some indications of it in a supply of
By Thursday the majority of dealers apparently reached
bills on the exchange market.
The following will show
the conclusion that there was very little real cause for the
relative prices in London and New York each day.
unsettled feeling which prevailed, for on that day there
was a scramble to cover short contracts, and those who
March 10
March 6.
tranli 8.
March 9.
March 7.
had parted with their properties appeared anxious to get
Lond'n N.T. Lond'n w.r. Lond'n N.T. LoTid'n jv.r. Lond'n N.T.
.them back as speedily as possible.
This fact and
vricM.' pricM. pricM.' prica. pnca.' prica. prices.* prica. prices.* prica.
117-88 118«
117-84 118H
117-84 nm 117-84 118
probably secret but definite information of the bank defal- n.8.4«.c. 11784 118
101-39 103«
U.S.SJis 101-89 102^ 101-39 103)fi 101-39 109M 101-39 102H
cation made known by the press Friday morning, and which Brte
38-08
35-22
38-57
SO
385*
SV43
3B-69
3««
319i
37V(i
92-79
94
96-23
2d con. 97»1
OT
95H 95-25 9i<4 02-30 02
explained away the rumors of the great disaster impend134-04 134«
[11. Cent. 13404
133« 134-04 133H1 135-02 lS4Xi 134-04 134
ing, aided in advancing the market Thursday afternoon. N. Y. C. 13807 182
13207 131?i 131-83 131« 131-34 1309i 131-83 13\H
89-46-+
29-481
28-72+
Reading 29-5.S( 58
29-70+
67
57^
9^«
57M
The same cause acted favorably early on Friday, but subBxch'ge,
sequently the market reacted, and the close was again lower.
4-9
4-{ 1
4-g 1
4-1)1
cables.
4-C 1
The stocks most readily depressed this week have been the
• Expressed In their New Tork equivalent.
+ ReadinK on basis of $50, par value.
Southwesterns, probably owing to too much water. The
Note.—The New Yorlc equivalent Is based upon the highest rate lot
fact that these stocks yielded so easily was accepted by
cable transfers, which ordinarily covers nearly aU charges, such as
«ome as evidence that the great promoter of the South- interest, insurance and commissions.
western system was at least indifferent to the course of the
The Bank of England rate of discount was reduced to 4
market or disinclined for the moment to lend support to per cent on Thursday from 5, at which it has stood since
his specialties.
It may be that his apathy is simulated, February 23, or two weeks. The Bank gained £512,000 buland it is possible that the speculators for a fall who have lion during the week and £113, 000 more on Thursday and
been attacking these properties may be obliged to cover Friday, and the proportion of reserve to liabilities was intheir short contracts at higher prices, thus aiding the creased
2J per cent. The report of the Bank of Franca
—
—
;
L
'
his
shows an increase of 9,250,000 francs gold and 247,500
The Bank of Germany has
francs silver during the week.
Money has been in good supply during the week and at
no time have more than legal rates been demanded. The
short interest in the market has aided in limiting the
inquiry, and the fact that the Treasury was liberally dis-
The following
gained 5,060,600 marks since last report.
shows the amount of bullion in each of the principal Euro-
principal
owner of the stocks in distributing part of
holding.
pean banks
jeaii
thia
week and
at tto corresponding date last
—
....
liAXOH
..
THE (CHRONICLE
11, 1883.]
Mmxh
OoM.
In comparison with
ifarek 10,1881.
0, 1883.
of exceptional
M
M
Bank of Kngland
Bankot France
Bank of Qermanr
38,110,133
22,393,213
33,662.240 45,340.227 23,330,60: 48,616,633
6,758,000 20,274,000 7,333,000 21.999,000
Total till! week
Total prgTloin week.
62,713,453 65,614,227 57.779,735 70,615,633
61.834.721 65.768,387 57,137,000 70,787,978
The payments by the Aasay
through the Sub-
Office
last year,
Snow and
wholly or in part
impediment
last year,
to the free
wa»
of 1880-1
The present winter has been
severity.
unusually mild.
the conditions this yaar
The winter
stand out in sharp contrast.
aUttr.
Gold.
aUter.
277
blocked transportation
ice
no
while this year there was
movement
of
In
traffic.
its eflects-
February, 1881, was worse than any other month of the
winter of that year.
Many roads succeeded in keeping^
The receipte by the their lines open only with the greatest difficulty, and
others were so completely snowed in that for days ia
AseiBtant Treasurer from the Custom House have been
some instances for weeks the running of trains had to beOonttsUng of—
abandoned. Western and Northwestern roads were parI>uHt$.
I)aU.
Silver
Siher
V.8.
OoU.
ticularly affected, and sustained such heavy losses of busiDollars. CertiJUatet.
Nott$.
Treasury have amounted to $70,,3«3.
—
—
3
Mar.
"
«810,694
325,806
370,937
938,779
435,638
422.993
...
4....
"
6....
••
7....
'•
8
"
9....
...
67
46
63
51
71
68
$3,331,850 69
Total...
$657,000 $28,000
10.000 $1,000
267,000
20.000
265,000
1,000
53.000
737,000
22.000
330,000
1,000
15,000
334.000
$155,000
49,000
85,000
150,000
83,000
72,000
$3,000
$594,000
$J,590,000 $148,000
RAILROAD EARNINGS IN FEBRUARY, AND
tROM JANUARY 1 TO FEBRUARY 28.
ness that our February statement of earnings,
when made-
showed less than 5 per cent increase in earnings^
though mileage had increased more than 17 per cent.
This year no such forces were at work in those sections^
and business and traffic were free and large. As a consequence, the roads in that district are able to record heavy
gains, as above.
The di!Serence between this year and
up,
last
year
is
movement of grain in»
we have prepared the following table'
forcibly brought out in the
the two periods, so
The second month of the year in railroad earnings shows giving the receipts of flour and grain at the leading lak&
even more favorable than the first. In January and river ports of the West for the four weeks ended
we had an increase of about 25 per cent, on mileage February 25.
results
13^ per cent. In February on mileage increased 1 i per cent, gross earnings exhibit an increase of
almost 3 1 per cent. While, however, in the aggregate,
RECEIPTS or FXOUR AND GRAIN FOR FOUR
increased
showing
the
highly satisfactory,
is
must not be sup-
it
posed that the figures of individual roads are equally so in
every
There
case.
appear
the
all
prominent
are
more conspicuous
exceptions,
which
comparison with the
in
WEEKS ENDED
Flour,
Wheat,
Corn,
Oalt,
bblt.
bHSh.
bunk.
buth.
Chicago—
1882 .... 238.780
1881 .... 174,719
571.781
335,905
FEB. 25.
Barley,
buth.
3,078,804 1,229,427
1,858.910 1,313,664
butk.
441,059
181,-.i46
54,27036,700-
Milwkee—
1882.... 248,754
1881 .... 230,316
Louis—
1882.... 115,358
1881 .... 121,057
733,441
410.900
255,480
84,925
182.855
120,700
359.539
184,010
34,560-
1,007,403
518,.539
286,736
68,000
84,693
20,708-
396,979
1,936,305
1,004,715
1,771
1,875
371,799
273,205
418.071
396,344
17,152
47,495
4,132
912
44,007
28,639
318.115
299,488
108,652
67,692
53,101
29,797
43,658
25,397
41S
12,079
10,10s
33,500
45,500
179.000
220,600
89,600
88,900
37.330
5,500
2,090
6,405
11,800
44.675
32,950
1,360,500
366,500
285,100
63,800
35,200
85,45»
37,950
25,91»
St.
But there is a ready explanation for these excep- Toledo—
1882 ....
tions, and thus they lose the significance that would other1881 ...,
Detroit—
Following are the earnings and
wise attach to them.
1882...,
7,134
rest.
1881 ...,
Cievel'd—
mileage of each road.
1882
1881
OROS8 BARNINOg AND MILGAOB IN FEBRUARY.
....
....
14»
120-
Peoria
Oro*» Eaamitigt.
Same of road.
\'
1882.
1481.
Mileage.
ilnerttue or
1882.
Decrease.
1882
1881
1881.
j
S
&
No.
Borl. Ccd. Rap.
Cairo & Ht. Louis'
Out. Branch U. Pao.
Central Pucltic
ei.433
1,702,000
CblcaKo A Alton
& Eastern 111....
Ohio.
Clilc
Or. Trniik*
Clitc.Milw.&St. Paul.
Cblc'aeo Si. Northwest4e
.^30.ldn
l-24,6-.i4i
.
Cliic. St.
i
&0.
P.Mluu.
Ind. 8t. L. &fh..
Cincinnati iioutheru.
«n.
Cleve. .\k.
&
Col
lOS.SCO!
1.377.000
1.471,915
315. lUO
18C.S79
174.177
3-J.999
A
Tol.
Col. Hock. Val.
i>env. &. Kio Grande.
164.192
412.987
Ft. 1).'.
22,171!
Des Moines &
i
22.5.630!
2I,9-i3
Ijiiis'^t A No.
Pere Marq
Great WcHt'n of Can.t.
l>etn>it
115.4;i(>i
Flint
103,221'
,V
BannllmKt
Illinois
St. Jus...
Central (HI.)..
Do
(Iowa
lines)..
Ind. Bloom. <& West.;.
Incern'l &. Ot. North..
Kan.Clty Ft.S.ck Oulf
liake Erie ic Western
IxiuK Island
Lonisville & Nashv...
Milw. L. Sli. & West..
Minnoap.
Mo. Kan.
&
&
hit.
Ix>ui8.
Texas
Missouri Paclflo
Mobile i Ohio
N. Y. &. New Engl'Dd'
Northern Paolilo
Ohio Central
Peo'la Dec.&Evansv.*
Klch. & I)anv.*5
Bt.L. A.&T.U.m.line.
Do do (branches).
Bt. 1.,. Iron Mt. & So...
Bt. Louis ti. San Fran
.
8t Paul
3lij,(521
151.717
535,145
154.242
175,755
187.393
03,426
9?,401
111,781
960,036
65,953
114,906
394,672
469,013
158,154
172,624
269,000
51,607
44.663
176.400
94.430
5.5,180
501.127
244.U.J4
Man.
418.358
Texas k l»aeille
Tol. Delpbos&Burl..
Union PaeiHo
Wab. St. Louij & Pao.
33.994
255,644
68.03S
1,759,863
1.134.768
.Minn. &.
Scioto Valley
Total
•
t
',
$
620
146
363
564
146
300
2,862
2,586
+ 35,198
847
230
335
840
220
335
+694,283
4,137
+ 508,740
+ 156,.50fi
+ 15.368
3.19.'5
3,803
2,79«
134.509
26,666
-f 101, 121
5-».932
+ 11,501
+ 247,732
+ 56,162
1,454.218
474,318
117,119
70,362
682,717
9(i3,205
158,594
171,511
138,310
29,531
152,358
317.682
12,593
75.217
119,883
307,543
12-2,874
443,679
80,820
165,326
210,523
54,790
88,485
100.006
805,124
30,331
38,297
337,564
395,413
216.76'
—4,743
+7,505
+35,867
+3,148
300
336
144
+ 11,834
322
+93,305
+9,583
1.06-'
+ 40.219
+43.338
-1.92-
+ 31,813
+ 91.466
87
222
318
807
29!
-23,125
919
402
544
774
+ 38,636
321
+73,422
+ 10,429
+9,916
+ 11.775
+ 154,912
+ 35,622
+76.609
+57,108
+73,630
-58,613
+31.140
141,478
78,803
39,618
+ 190,197
27,0,"i3
+17.610
144,374
101,826
64,186
560,788
178,234
159,482
22.916
260.781
30.329
1,374,740
818,922
+ 32,026
+ 11,939
946
300
336
144
322
551
87
222
318
807
292
919
402
544
.•iOO
328
303
385
328
2,023
1,840
275
360
230
225
880
700
506
310
722
3Sfi
1,197
785
506
394
972
231
248
757
195
+ 11,078
-3,137
+ 23,709
1,138
395
+395,123
+315,846
3,720
3,350
3,327
2,479
121
723
661
912
127
....
16.330.371 12.611.817 +3.918.554 40.393 35.315
389,400
Duluth—
16.420
1882...
1881 ...
Tot.al of all
1882...
18S1 ...
667,154
578.514
3,097,134
1,844.927
The aggregate
7,336,812 2,437,174 1,017,518 196,315
4,522.616 •2,172,412 516,0461 110,04*
receipts of grain for the four
weeks
foot-
14,104,951 bushels this year, against 9,166,045 bushel*
up
last year,
a gain of pretty nearly 5 million bushels, beside*
an increase of almost 90,000 bbls. in theThe improvement is most pronounced at
Chicago and St. Louis. But grain ia only one item ia
Other kinds »f freight, had we the figures'^
railroad traffic.
which there
is
receipts of flour.
would without doubt exhibit an equally large
gain over the preceding year.
ratio
of
In this connection, there'
be interesting to compare the present earnings
with those of 188ft as well as with those of 1881. Accordingly we have selected the leading Western and Northfore, it will
western roads and bring together their returns for threo
years in the annexed table.
FEBRUARY EARNINGS AND MILEAGE OF WESTERN ROADS.
UUeage.
Earnings.
231
190
757
195
121
686
597
718
100
800
285
-7,387
-9,006
-59,661
+66.420
+258,876
Three i^eeKs only of B'cbruarjr in each year.
For the four weeks ended February 24.
Incluilini.' ludlanapoUa Decatur it. Sprlogfleld.
} Freight eamiuijs.
1,003
...
1882.
Bur.C. Rap.&No..
ChicaKO & Alton ..
225,630
530,480
l'i4.024
Chic, i Ea.steru 111.
Chic. Mil. & St. P.. 1,377,000
Chlo. A Northwest 1,471,945
Chlc.St.P.Mlnn.&O 315. lOO
& St. Joseph.
154,717
lUlnolB Central.
689,387
269,000
Northern Paolflc
418,358
St. P. Minn, dc Han.
Wab.8t.L.iPao.. 1,134,769
Han.
. .
.
,
Total
We
1881.
1880.
124,509 163,171
474.318 497,013
83,265
117,119
682,717 738,749
963,205 1,131,683
173,078
158,.594
122,874 160,965
613,806
524,499
77,259
78.803
159,482 137,615
818,932 933,143
1882.
1881.
1880.
493
620
847
230
664
840
220
4.137
3,193
3,803
2,798
946
292
682
292
972
912
^•22i
722
^•222
718
656-
3,350
2,479
2,33-1
1,321
840
152
S-???
2,44»
292-
723
6,711,009 4,225,042 4,717.777 16.S79'll,703 12.314
thas see that even compared with 1880 there
is
»
—
.
.
.
THE CHRONICLE.
278
fVoL. XXXIV,<
very heavy increase in earnings. The gain is about 2^ Thus while last year the aggregate was 525,617 bales, this
and about 2 millions over 1880. But year it is 257,868 bales, a contraction of 267,749 bales.
millions over 1881
make the latter increase The falling off was particularly heavy at New Orleans,
and only 2,176 additional miles to make the former. In Galveston and Mobile. No wonder that the roads carother words, compared with 1881 we have a gain of 59 rying to or from those points make an unfavorable
it
took 4,500 additional miles to
per cent in earnings and 15 per cent in mileage, but compared with 1880 we have a gain of only 42 per cent in
earnings and of more than 37 per cent in mileage. Still,
'
showing of earnings.
But as the enlarged grain movement was not the only
factor this year in the heavier receipts of the railroads in
West and Northwest, so the diminished cotton movement was not the only influence tending to reduce the reAnother fact brought out by this table is that out of ceipts of Southern and Southwestern roads. Almost throughthe total increase of $3,900,000 which the aggregate of out the whole month the South suffered from rains and
embraced in our list shows, 2^ millions is floods, and from bad weather in general. The floods interall roads
accounted for by the eleven roads above. Union Pacific, fered seriously with railroad operations almost everywhere,
CentralPacific,and Louisville & Nashville, have pretty nearly and in some districts entailed not only severe losses upon the
$800,000 more, leaving only about $600,008 to be distrib- railroads but dreadful suffering upon the people. St. Louis,
nted over the other 33 roads reporting. And this brings us Louisville, Cincinnati, Cairo, Hickman, Memphis, Vicksto the other respect in which the conditions this year burg, Helena, and Alexandria, are a few of the principal
were quite dissimilar to those of last year. In reviewing places which sustained great injury from the overflow of
It seemed as if the entire district adjacent to
the February figures in 1881, we said: "As an offset to the rivers.
" the diminution in the West and JJorthwest, there were the Mississippi, Missouri, Ohio, Red and Arkansas rivers
" considerable gains by the roads in the South and South. were one great expanse of water, which was gradually
" west. The cotton movement was large." Reverse this extending its limits and encroaching upon other sections.
in every particular, and you have a true outline of the Even as far South as Texas rains did incalculable misconditions and result this year.
The roads in the South chief. During a great part of the month wagon-roads
and Southwest almost all (it will be observed there are were well-nigh impassable.
Our weekly telegrams from
two or three exceptions) compare unfavorably with 1881. that State give some idea of the extent to which the rains
" There is
It is not that the comparison is unfavorable as regards must have interfered with all kinds of work.
actual earnings
though there are some that do show mud and water everywhere," "The whole country is a
should be remembered that the
it
only a very light
new mileage
affords
the
traffic.
—
smaller figures
— but
that the increase in receipts
is alto-
gether out of proportion to the increase in mileage.
This
remark
applies especially to the roads included in the Gould
Southwestern system, which are operating a very much
larger mileage than last year.
Taking these and the other
bog," "All streams are out of^ their banks and some
roads are submerged
" It
is
too wet for
rail-
work and wagoning are suspended,"
work or transportation," "Streams are
;
Mud and slush are uniRoads are impracticable work suspended"
leading roads in the same section from which we have these are some of the reports that came to us from difreturns,
we
get the following exhibit.
FEBKUARY EARNINGS AND MILEAGE OP 80DTHWE8TERN ROADS.
1882.
& Great North'n
JLouisviUe & Nashville
Mo. KansiVH & Texas..
Int.
& Pacitlc
590
-f 154,912
2,025
1,197
1,840
1,138
7,024
5.899
,
Total.
1881.
774
—5,137
&
Texas
1882.
-$23,125
$2,701,685 $2,569,781 + $131,904
&Ohio
Mobile
Inc. or Dec.
$210,523
805.124
337,564
216,767
560,788
178.234
260,781
880
506
686
597
800
8t. Louis Iron Mt.&So.
Louis
f^an Fran..
fit.
1881.
$187,398
960,036
394,672
158,154
501.127
244,654
255.614
.
-f
57,108
-58.613
506
723
661
-.'g.eei
-f 66,420
overflowed, roads impassable," "
"
versal,"
;
ferent parts of Texas.
With such a state of things in
Texas, with even a worse state prevailing elsewhere because of the overflow of the Mississippi, and with a cotton
movement reduced over one-half, there would seem to be
room for surprise that the roads in the South and
Southwest do not make flattering exhibits of earnings
the more so that last year all the conditions were favorFor the
first
two months, the
forty-six roads ip our
table exhibit a gain of over 7^ million dollars, or 29 per
earnings
cent.
but
little
more than
5
per cent
;
the gain in
There are six roads in the
mileage fully 19 per cent.
but
whose
attributable to
lines cover
If the Louisville & Nashville,
such a wide extent of territory, were
]
able.
These seven companies, with 1,125 more miles of road,
record a gain of only $131,904 in earnings.
The gain in
is
i
little
it
is
list that have a decrease,
$270,069 in the aggregate, and this
the rains or other adverse circumstances
small, only
prevailing.
Taking the roads as a whole, the remarks
above about the February figures are applicable here.
Western and Northwestern roads make exceptionally
favorable comparisons by reason of
the auspicious
weather this year and the unusually bad weather last
contributed to bring about this result.
First, we have a
very-largely diminished cotton movement.
The receipts year, while Southern and Southwestern roads do little
better than just about maintain their own because of the
of cotton at the Southern outports during February
were
rains, floods and freshets this year and the freedom from
less than half those of February last
year.
That our
retarding influences last year.
readers may have th« detailed figures before
Central and Union Pacific,
them, we
which may be regarded as occupying a sort of neutral
give our usual table below.
zone, very little afiected in either year by the adverse
BBCEIPTg OF COTTON AT SOUTHERN PORTS IN FEB., 1882
AND
omitted from the table, there would actually be a decrease
in earnings, while the percentage of gain in mileage
would be raised to 23 per cent.
Now it is, not difficult to set out the influences that
•
1881.
1882.
Galveston
bales.
Indianola. <Sc...
Orleans
Mobile
Florida
'.'.".'.'"
•• •--
SavannaU
Brunswick,
i.e..'.'."
Cliarlcstim
PortKoyal, <to.."y
WUminctou
Morehead
City,
Norfolk
City Point,
Total.
io
23,894
4.-5
Mew
Ac
81,400
15,088
4,195
30, ^72
140
24,607
2,620
8,135
2,385
forces at work, have
1881.
287,
73,698
1.342
219,o!l7
37,036
866
61,986
472
11,608
44.637
7,020
7,101
1,540
47,085
22,837
2.')7.8SS
525,617
4(;,409
'.'.
between them an increase of $1,527,which speaks well for the general progress making.
Oeo... 49,804
Dec...
887 Wabash St. Louis & Pacific, which suffered from floods
Dec... .137,9!t7
Deo... 21,348 this year and snow last year, has an increase of $734,194
loo..
3,329
The roads affected to some- extent
Dec... 25,714 for the two months.
Difference.
.
.
.
Deo...
Deo...
Deo...
Inc..
luo ...
Deo...
Dec...
332
.
20,0:i0
5,000
1,034
845
676
11.169
Deo. ...267.749
by trunk-line
show
last
rates, of
which there are a few in the table,
from those of
as a rule figures but slightly different
—
year
decrease.
in
some cases a small increase, in others a small
is our usual table, giving the figures
Subjoined
of individual roads.
'
1
.
Marcu
THE CHROMCLE,
11, 18e8.j
KARMNliB FKOM JAWDARr
(JIIOM
Onir
CblcaK"
«
...
1.673,504
2,203,872
31,037
1,138,430
888,400
'^a.
022,59;*
410.379
206,2111
1,109,027
.Mi"«
'^'
KikKii>rn Illlnola.
OhlcnRO Mllw
.*
Paul
St.
Chic.
I
Chh
i
153,009
285,202
727.021
277,279
056,132
(
DmlKfl*
Moith'u.
nquetto..
ri.
Dor
Hiiu
Ore
lit
1
\\
.I'M
<
i.'iiiuulul.
t'f
naiinilial ,V st..l<isciili
..
di'. llm-»
mhI lines).
Ill, (Vnti:'.',
1
Inili
.*
Inl
200,(!18
371,670
390,330
233,426
227,407
231,469
350,976
301,907
175,700
103,664
204,519
1,910,101
1,822,084
West..
BCan. I'm ii ,s. AGulf.'
I^dce ErTe <lE Wosturu
I«licUUu(l
Niubvll'.e...
.<c
A WsBfii.
Hllw. L. tihore
Mlniicnpollv:
M(i. l<
m»~
Moll!
New ^»l-l.
NortUom
131,246
233,332
794,837
1,021,718
319,587
388,248
508,800
142,401
112,418
460,028
198,746
119,360
1,017,497
501,438
813,819
Louts..
!i St.
Toxa8
England'
.N.
,v
PaL'lIIo
Ohio Omiral
Peoria Dcc.A KvansvlUC
Btohmond
ii
tHJj.k.&T.
Do do
Uiin vlllo' .
II.
main
.
line.
ibranohes)..
St.L. Iron Mt.it South'n.
Bt. Loiiin iSi 8. Fr;iiu!i80O
St, Paul Mluii. St, Mtin
.
tI8,200
Bcloto VuUejr
Texas
Wabaah
St.
Si
Burl...
of
5,234
15,726
160,743
101.037
20,003
8:j,700
7,6.57
15,474
114,249
ll'6,769
400,150
24,523
24,472
58,538
1,000.412
734,191
7,837,370
7.567.301
entirely to gross earnings.
quite generally ascribed to
is
270,069
is
We cannot accept
no such difference in th^se item^
1881 as to account for the heavier
when we consider
that without doubt
were but for the extra charge incurred on account of snow
and ice. But last year rates were maintained at full
The railroad war pre.
figures
this year they were not.
It was
vailed during a good part of January this year.
not until the last week of the month that the schedule was
Before the agreement was arrived at rates were
raised.
—
to the starvation point
and are
very
still,
they were,
the figures ruling a year
would tend
This, of course,
ago.
—oven afterward
much below
to raise the percentage
of operating expenses to earnings, even though trafite
increased very heavily, and here very likely we have the
Fehruary In each year,
relates
is
1881 would have been below what they
tho expenses of
down
To February 24.
The above
There
between 1882 and
44,758
71,724
26,385,b94
it
on an increaM than
embraced in the Pennsylvania return (namely the main
stem and its branches and the United of New Jersey
system) must have been pretty nearly $159,000, and the
expenses, especially
57,021
33,953,195
laid
would ordinarily be the caae. The figures show a gain of
in gross and a loss of $i:('2,5U0 in net, the
increase in expenses being the total of these two sums.
But it is lo be remembered that tho accounts of the
Philadelphia & Erie are included in these figures and that
tho net earnings of the latter road make an increase of
this explanation.
31.1,489
60,.135
390.660
413,669
48.677
541,957
85,678
is
$184,106
This increase in expenses
121,526
1,131,746
stress
the enhanced cost of labor and material.
57,036
33,803
2e,950
288,017
61,838
144,632
126,763
237,024
69,403
mere
increase in expenses fully $310,000.
7,;t03
2,714,539
1,030,539
I,.&Pac
Total
73,996
2,364,733
3,720,9.') 1
Net Increase
* Three weeks only
t
566,429
114,116
I'acinu
<Si
Toledo Uelphus
Bnloii PatlBc
7(>,.')44
668,074
734,004
441,113
331,227
195,311
81.926
67,660
394,304
206,403
135,334
for this reason that
$26,173, so that tho total decrease on the other lines
27,089
279,745
17,439
37,«fl0
301.118.1
II
IdutavilU-
2,051
54,000
223,643
329.258
731.787
203,001
1,115,875
U'n inuide
,v-
i:)6.489
51.609
37H,.1&0
OU 1,901
62,070
360.070
026,156
(1.1,021
1
Dia "
6,020
l.\918
520,876
40."V,478
.ii'...
Cln.
oi
ClPViv Ak. .V
Ool. ll.Mlc. Vftl. Ic Tol....
Denvri-
9
274,212
M,874
120.507
3,ft78,000
OeiM'
Ohio.
B
180.104
2,812,00U
3,092,281
478,'l53
..
•Ills'
iilou I'lko.
i
Oeri
Deertatt.
202,300
ao,aoe
113,580
3,0B7,125
973,438
342.675
No.
year tho expenses would exhibit a decrease, and
this
Inereate.
«
8
A
Bnrl. (Vrtnr Rap.
TO FKBKUABr 28
1881.
1882.
VavmofRMd.
1
279
It is to
net earnings, howeverj that chief importance attaches at
Relative gross earnings are important
the present time.
as showing the growth of the country's business, but it is
only in net earnings that we get a clue to the profit at
The same cause
true explanation of the larger expenses.
would tend to diminish the net earnings of the Pennsylvania's Western lines it would, in fact, have even greater
effect on these, because their local business is compara-
—
tively of
—so
much
smaller dimensions
we
find that the
which the business is being done by each individual road. lines west of Pittsburg and Erie netted a profit of only
Of late there has been such an increase in expenses that $9,741 this year, against a like profit of $381,207 in 1881
the percentage at which a road was operated in former and $305,304 in 1880.
years can no longer be accepted as a guide in determining,
OBOSS AND NET EABNINOg TO LATEST DATES.
from present gross earnings, what present net earnings
Januarv 1 1» Bate.
JanuarvThe January figures now to hand will therefore be
are.
NAKJC.
tret
Onm
Wet
Orott
Operating
Our statement embraces roads from
(dosely scanned.
Eamingfi Expenses. £amin9> Earnings Baminti
quite a
number
of different sections, but the roads can
hardly be considered as representative in character. From
the South we have three companies the Louisville &
—
&
Nashville, the Nashville Chattanooga
Norfolk
&
Western,
all favorable.
St Louis, and the
From
the
West we
t
A
West. .1882
IftSl
do
Burl. Cedar Rap. & No..l^
1881
do
Do
Bulialo Pitts.
Do
*
Chic. 1882
do
1881
Cln. Ind. St. L.
Do
Earopean
Do
&
No.' Amor. 1882
1881
do
1882
NashT
k
have but one, the Burlington Cedar Rapids & Northern, Louisville
1881
do
Do
Chat. A St. Louis 1882
which is also favorable. This company was affected by Nash.Do
1881
do
1882
& Western
the weather last year and sustained a large falling off in Norfolk
1881
do
Do
1R82
net, but the present figures show a satisfactory increase Northern Central
1881
do
Do
even when compared with 1880, when the net earnings Penn. (all lines east of 1882
„^
PltU.iErie)
1881
do
Do
were $81,000, against $99,000 this January.
From
1882
Phlla A Brie
1881
do
Do
the extreme East we have the European & North AmeriPhlladelp'afc Reading. 1882
1881
do
Do
can, and then we have the Buffalo Pittsburg & Western
Phlla.* Bead, r.* Ipon.1882
Reading.
Like
188;
the others, these
do
and the Philadelphia &
Do
1862
West Jersey
exhibit an improvement on the results of last year.
1881
Do
do
But, from the position which their lines occupy, probably
more
significance
Pennsylvania and Northern Oentral.
Both these show
larger gross earnings than ever, but their net earnings are
* St.
Do
Cairo
Pad.
January, 1880, and exhibit an increase only when we get
back to 1879. That there should be a decrease in the net
earnings of the Pennsylvania in the face of an increase in
gross, is especially noteworthy, for last year the
expenses were
it
much above
was believed that
those of the previous year, and
this
severity of the weather.
company's
It
was due to the exceptional
was therefore expected that
Lonls
I8SI
1880
do
& Qalno7...1881
1880
do
Do
a Ellsabetht'n ....18H1
Chic. Burl.
not only smaller than in 1881, but also smaller than in
Do
36,122
31,399
060,066
816,960
156,994
178,143
168,072
164,917
407.888
386,150
3.373.331
3,189.215
262.727
2:24.303
1.503.075
1,319,182
948,391
834.246
53,44';
48,5ie
27.337
31,158
»,747
15a?08
99.115
34.928
90,963
82.280
18.498
10.883
8.674
132.822
118,6.18
100,178
17.621
20,506
631,331
566,566
102,400
137,929
100,530
104,626
314.799
245,970
32a734
2B0,3»4
54USe4
40.214
68.042
t0.2Ul
92,609
140,186
53,084
39.832
252.823
167,150
29.747
8,674
99.11S
84,988
218,9119
SJS
182,458
86.122
31,309
960.065
816,960
156,994
178,143
168.978
164,917
407.388
18.490
10.893
328,734
250,394
54.594
40J214
68,048
60,801
98.600
388,19(1
140^86
1,074,8(6
2,299.066
1.982.354
106,485
164,234
1.074,266
1,206,861
86,242
60.060
8.373.321
3,189,815
919.072
819,492
885,480
770,i;7
33,347
28,448
584.003
490,640
1,503.075
1319.1.S2
584.003
499.640
62,911
50.129
20.100
20,101
948,891
834,846
63,447
48,549
raa
1,806361
398.727
824.303
January 1
DtamUr.
80,100
80.101
to Dot*.
MM
Otvst
Tfet
OrMM Operatint
Bantngi Expenta. JSamimia. Samtnga SamUtft
NAME.
be given to the returns of the
will
53.084
30,83«
292.823
167.760
218,999
183,458
do
1880
HI.6e4
37,928
1.900,490
1,568,018
51,421
87,773
$27,477
88,440
871,199
681.411
42.401
28.744
«I4.2I8
4,488
t4M,482
878.843
88,1 IS
413.688
1.034,291 2I.17«,495 io.608.oas
87u,e07 20,454,494 ii.a«i,ew>
183.381
646318
9,090
404JMI
9.029
THE SOUTHWESTERN OVERFLOW.
The
floods
in
the Southwest have
serious the past week.
see,
Mississippi,
The
levees
in
become even more
Arkansas, Tennes-
and Louisiana, have in places broken
away, and great destitution prevails.
In
many
instances
;.
THE CHRONICLE
280
even the necessaries of life are left. Supplies have
been swept ofi, live stock has perished, homes have been
broken up and destroyed, and the people driven to the
[From our own correspondent.!
Tiot
tigh lands for
It is evident that there is very urgent call
should meet with a generous response.
ment has already taken action looking to this end, but
There
is
an imperative
distress pre.
call for private aid.
aid to a deserving object,
"We
week
in consequence.
A
pursued, as the value of
5 per cent,
and
it is
judicious course has, however, been
money
in the
open market was under
never desirable that so large a discrepancy
considerable.
Great expedition however
So
pressing.
25, 1882.
of England have reduced their
to
in vain.
•clothes,
Bank
There are should be allowed to exist long between the two rates. But
render the advance has fully answered the purpose for which it was
and an appeal to them will not intended, and the arrivals of gold into this country have been
us always ready with open purse
many among
directors of the
give freely.
citizens will
«re sure that out
be
the great
relieve
only partially
vailing.
London, Saturday, February
The
minimum rate of discount from 6 to 5 per cent, although the
for help, and Bank return is not so favorable as had been anticipated, and a
The Govern- downward movement might have been postponed until next
safety.
it
this can
XXXIV,
[V^OL.
but
necessary.
is
money
also
ought
The need is
food and
that not only
pressing, indeed,
be sent to near-by points
to
Bank return shows a, further increase of £463,000
supply of bullion, and since the statement was made up
some additional important supplies have been sent in. The
circulation of notes having been diminished by £206,085, the
This week's
in the
in the South with which to buy these, so as to save the
increase in the total reserve amounts to £669,092 but, owing to
time that ^ould be needful to convey them by rail or a further increase of nearly £1,000,000 in the liabilities, the
The measures of relief that have already been proportion of the reserve to the liabilities is not more than
water.
38'57 per cent. It is not expected that we shall hereafter receive
^undertaken, therefore, have not come any too soon. They
important supplies of gold from abroad, and consequently many
;should, however, be continued, and prosecuted with even
believe that
five per eent Bank rate will
;
a
remain in operation
has lost everything, and for some time to come. Although the supply cf mercantile
•will even need seed to crop the land with after the flood paper offering is very moderate, the open market rates of discount show no tendency at present to fall away, the quotation
•subsides.
for three months' bills being 4% to 4% per cent. The money
It should be remembered that this disaster is especially
market may be said, therefore, to have returned to the position
•distressing because of the short crops in the South last
which existed previously to the crisis in Paris, and, as the state
:summer. The cotton crop was largely deficient; but what
of affairs in that city is now less seriously talked about, so me
is even worse, the drouth which prevailed in the summer improvement is hoped for.
greater vigor.
A
large section
-completely destroyed
small grain and
all
vegetables, so
The
principal
drawback just now, however,
is
the state of
buy its food staples in large domestic and foreign politics, respecting which some uneasiness
prevails. Though there may be nothing at all serious in the
•quantities from the West and Northwest, and had a severe
present condition of affairs, yet when business requires
strain put upon its resources.
It has not made any special
uncertainties check any legitimate
that the South has
appeal to
had
but since
to
needs help, that
is all the more reason why we should extend it.
Let then
the suffering communities be succored and their distress
us,
it is
certain that
it
-alleviated.
And while taking care of the present, let us also have
regard for the future.
recurrence of such a disaster
should be made impossible.
It has been frequently
proved that the levees are not strong enough to resist
the pressure brought to bear upon them. They should
A
be made so.
One difficulty appears to be that each
county or parish builds its own levees in a way that
best suits its own convenience without regard to its
neighbors.
Not only that, but the feelings of individual
property holders are sometimes considered too.
Thus
4here is no uniforaity in the work, and consequently it is
weak and in cases useless.
But there are measures now before Congress intended to
aneet these defects in construction, and they deserve speedy
•attention.
'Montt^vxi"se^ammtxcUl%nQli3\t%tyxiB
eATES OP EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
MXOBXNQE AT LONDOlf—reb. 25. BXCHANQE Off LONDON.
On-
Time.
Amsterdam
.AmBteri'jun
Short.
J
3 moB.
^utwerp....
Hamburg
.
Rale.
Frankfort...
Berlin
Copenhagen.
«t.Peter8b'g.
Tarts
r. Short.
Parts
3 mos.
Vienna
Trieste
Madrid
Cadiz
Sale.
Feb. 25 Short.
12-15
Feb.
Feb.
Feb.
Feb.
Siiort.
25-30
20-40
20-40
20-40
Feb. 25 Short
52Ja»2557ia Feb. 25 Long.
15 ai2^17i2 Feb. 25 Short.
15 al2^17i'j
25-26
2S-30
12-00
S^e B12-6»3
3
®12'3>4
•60
®25-65
70 » 20-74
47 ai8^50
25
25
25
25
45 325-3114
45=834538
45 la'® 45 38
;
Genoa
Usbon
85 326-90
26-1
Alexandria
.. ..
Calcutta
Hong Kong..
'flhaaehai.
Feb. 25 Short.
26-40
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
95 >4
4 85
5738a57'.i
.
New York...
60 i'ys
Is. 8d.
Is. 8d.
;
is
sound.
In the departments for breadstuffs
of
amount
grocery
considerable
produce
a
*
hand,
depression
other
prevails,
the
on
but,
fair business is passing, in
the leading manufacturing
markets, at somewhat improving prices. Politics are evidently
exercising considerable influence, while the delay in the French
condition
23''8a21i4
45Sb»45%
Bilbao
Bombay
_.
^»»e-
70 a 20^74
70 a20-74
.
Latest
Date.
encouragement, political
development. The past week has been one of great activity in
every department of business, but the want of i nimation has
been more apparent on the Stock Exchange than in commercial
circles.
Next week's settlements here and in Paris will probably be arranged without important difficulties manifesting
themselves but as operators prefer to be secure, they are not
likely to launch out until something definite is known. As far
as the Stock Exchange is concerned, a better tone has manifested itself since the reduction in the Bank rate.
Following the movement here, the Banks of France and
Belgium have reduced their rates of discount to 4% per cent.
The weekly return of the Bank of France is more favorable,
there being both an increase in the supply of bullion and a
decrease in the discounts and advances. This is important on
the eve of another " liquidation " on the Bourse, and seems to
show that there need to be no farther serious apprehensions.
Since the reduction in the Bank rate the supply of bills in the
discount market has decidedly increased. From this it is not
to be inferred that there is any larger quantity of mercantile
paper in existence, but that bills which had been kept back
when a reduction in the Bank rate was regarded almost as a
certainty, have came forward for negotiation. There has, in
consequence, been a fair demand for discount accommodation
during the last few days, and the market presents a firm
appearance. There has also been a good inquiry for loans for
short periods, and the Bank rate is charged, even on the best
security. An
active
demand for money for commercial
purposes is not likely to continue, for although there is a fiur
degree of animation in mercantile circles, business is not conducted upon principles which necessitate much or any prolonged financial assistance. Failures have, however, been more
numerous and more important of late ; but on the whole the
23 3 mos.
25 Short.
25 4 mos.
25
26
25
Is. 87i.d.
Is. 8 Sail.
38. RiSgd.
58
isitd.
and
Treaty negotiations with this country causes some uncertainty
to prevail. It seems now to be concluded that there will be no
treaty, but that goods will pass into each country at rat««
which the governments may be inclined to impose. The foUowi ig ara the present quotations for
money:
-
.,
^Mabcu
.
.
THE (;hronj(;lk
11, 188!:.l
281
Ptr
Open-m»Tkfit rat<»
4 inoiitlm' liiiiik lilIU
tent.
4>si»4'ii
decline in value. The deliveries of British farmem contlnne to
fall off, and there will now probably be a perceptible decline.
The weather has continued very mild and dry, but there seems
:i<i ml •lOdava'bUla
4^i9l^
to be indications of chanRe, and some atmospheric diKtarbance*
..i.H'bma
4»b»4\
>iiHt^nence of the redaetion in the Bank rate, the banks are predicted.
111
have had, however, one of the most remarkand discount bonnes have lowered their rate ol interest for able winters known. There has been soarcely any frost, and no
snow south of the Humber. Vegetation is in a forward state in
deposits to the extent of one-half per cent, and the qaotations
conSeauence, bnt it is not sufflcTently advanced to lead to any
current are now as follows
apprehensions of damage from late irosts.
Ver rent
During the week ended Feb. 18 the sales of;home-grown wheat
Jolnt-Htook bunks
3>a
4
in the 150 principal markets of Kngland and Wales amounted
INioouiit bouaea at call
4>4
withdrawal
Do
wiUi uotloe of
to 43,B03 quarters, against 26.484 qnartere last year and 34,B30Qold haH been arriving in moderate quantities from abroad, quarters in 1880; while it is computea that they were iii the whole
and there being scarcely any export demand, there has been a kingdom 174,000 quarters, against 106,000 quarters and 138,120
The silver market during the quarters in the two previous years. Since harvest the sales in the
fair accumulation at the Bank.
150 principal markets have amounted to 1,171,654 quarters,
week has been dull, and the quotation has had a downward against 982.108 quarters and 802,34;{ quarters j the estimate for
tendency. For Mexican dollars scarcely any inquiry exists. the whole kingdom being 4,080,220 quarters, against 3,932,500
India Council bills were disposed of on Wednesday at Is. 8d. the quarters in the corresponding period of last season and 3,246,000
quarters in 1879-80. Without reckoning the supplies of produce
rupee. The following prices of bullion are from Messrs. Pixley
furnished ex-granary at the commencement of the season, it
& Abell's circular:
is estimated that the following quantities of wheat and flour
t.
SOLD.
d.
d.
have been placed on the British markets since harvest. Th»
peroi. atandard.
Bar (told, fine
visible supply of wheat in the United States is also given
Bar K>'lil. riiiituln'K 20 <wts. sUver per uz. standard. 77 111a®
SpjuiiHli doiibUH>iiH
peroz. 73 lOia®
1881-2.
1880-1.
1879-80.
1878-9.
H<iiitli AiiicHiuiudoublooBS
peroz. 73 » 9
Imports of wbeat.cwt 29,899,941 28,897,658 32,572,895 24,303,329peroz. 76 3ia3
Uuited Stutea guld coin
Iiuiwrts of flour
4,023,949
0,683,401
5,716,719
3,952,577
Qerman gold coin
peroz.
»
Sales of homegrown
produce
20,307,000 17,011,000 14,068,500 24,725,570
SILVER.
rf.
Ptir ttnt.
8
Baiik rat*
OiwMi iimrket r»te»—
;;
4>4»4i9
montlia' bmik bill*
4 at U uiunlha' triMle bills. 4Hi»Ai«
I.
We
>'
:
.
:
.
"
Bar silver, fine
Bar silver, cuntaiu'g S
Cake silver
lieroz. standard.
grs.
gold
per
oz.
Mexiciiu dollars
Cbllluu dollars
Quicksilver.
52
standard 52^
peroz. 56is
per oz. oCg
62,627,067
52,358,214
538,635
723,349
623,370
993,427
53,692,255
81,898,713
51,734,844
61,988,01»
54,230,890
Total..
Deduct
exports
wheat and flour
a
peroz
02,981,47»
of
I^ResiUt
£6 Os. 0d.»£6 5s. Od.
Dtscoimt, 3 per cent.
Av'ge price of English
wheat for season (qr). 47s. Id.
428. 7d.
478. Id.
a statement showing the present position of the
408. 6<L
Ylslble supply In Unit'd
Bank of England, the Bank rate of discount, the price of consols,
bush. 20,100,000 27,200,000 28,180,000 20,717,000
States
the average quotation for Em^lish wheat, the price of middling
The following return shows the extent of the imports and
npland cotton, and of No. 40 mule twist, fair 2d quality, and the exports of grain into and from the United Kingdom during
Bankers' Clearing House return, compared with the three pre- the first twenty-six weeks of the season, compared with
the corresponding period in the three previous years
rioiLS years
IMPOSTS.
1882
1881.
1880.
18?9
Annexed
is
:
:
£
a,
Circulation
Public deposits
Other deposits
OdviTuiu't securities.
Otiier seiuiities
Rcs'veof uotos & coin
Coin and bullion in
1881-2.
Iwth departments.. 21,200,220
Proportion of reserve
to liabilities
38-57
27,678,783 28,306,306
32,110,932
49-78
1519
Bank rate
ft p. c.
3 p. 0.
3 p. 0.
99S8.1.
Consols
isl.
100
981a
£nK. wheat, av. price
46<. Od.
42s. 3(1.
13s. Id.
Hlu. Upland cotton .
67, ed.
638d.
J^.d.
Ko. 40 mule twist. .
lOiltd.
lOtjd.
Is. Oiad.
CleitrinK-House ret'n. 111,565,000 93,274.000 93,220,000
47-91
3 p. o.
963e
The following
378. 7d.
8>4d.
71,526,000
foreign centres:
Sank
Open
rate.
market.
Paris
BerUn
;
S"
Frankfort...
Hamburg
Amstordam.
Pr.
el.
3^
3%
SH
3%
41a
Bank
Open
rate.
market.
Pr. et.
Brussels
4ia
Madrid and other
Spanish
cities..
Vienna
St.
Petersburg
..
.
I-r. el.
414
5
5
4
6
6I4
Wheat
cvrt. 29.899,941
Barley
Oats
Peas
7,391,094
1,576,300
891,478
862,192
11,297,023
4,023,949
Beans
Indian
Flour
3%
Wheat
•gainst £6,043,560, showing an^increase of £470,811, or 7-79 per
cent.
On the three principle Scotch lines, since February 1,
they have been £349,097, against £331,480, being an increase of
*17,617, or 5-31 per cent.
Indian
Flour
The number of bills of sale published in England and Wales
week ending February 18 was 1,028. The number in
the corresponding week of last year was 992, showing
an
75,0-22
21,236
511,385
63,707
9,810-
5,408
262,333
46,696
Keports— Per Cable.
Eiik1IsI> Rlarlxet
44,
LontUm.
Sat.
iron.
Tuet.
Wed.
Thur$.
Frt.
52
Si's
5115,8 51'»1<»
Si's
100»,g lOOia.j 10011
lOOlliB.
1005,8
loois
1001
IOO1I18 '"3>*I6
iuu",8
lOl'ig lOOl&in 100i»ie.
81-07 !« 84-25 81-12ts 84-10
Fr'ch rentes (In Paris) fr. 84 07ia 81-00
103 1«
103 Hi
103 >«
103 >s
103%
U. 8. 5sexfn'd into3ias I03is
119^ 119% 119% 119% 119% 118%
U. 8. 4iss of 1891
ISOlfl
120
120
120
120
0.8. 4s of 1907
120H
85 ''8
87ie
3738
86%
Erie, common stock....
38%
3891s
137
136% 137
138>a 1371«
Illinois Central
e|ll
63
619s
Pennsylvania
3OI4
29 3^
29 >a
29%
30
30 >4
Philaaelphla A Reading
134 >9
New Ton Central
134% 135
131 >9 ISlis 134
per OZ
ConfioU for money.
Consols for account
Silver,
corresponding week of last year was 264,
32, being a total decrease in 1882, to
•howing a decrease of
date, of 234.
A prospectus has been issued of the Manitoba Land Company, limited, the capital of the andertaking being £200,000, in
*10 shares. The first issue is to consist of 10,000 shares, being
,
The object i^he company is to bay land in Manitoba and the NoHhwest Territory of the Dominion of Canada.
The wheat trade continues very dnll, and prices are gradually
one-half.
SaL
Liverpool.
JTon.
Tue».
Wed.
Thxtrs.
m.
«.
13
Flonr (ex. State.. 100 lb.
"
Wheat, No. l,wh.
"
Spring, No. 2...
"
Winter. West., n
"
Cal. white
receding. Increasing shipments from the United
States, a large
papply of wheat and flour afloat, amounting to
3,034,000 quarters, and favora^ble weather for agricultural
work, induce millers to operate with the greatest caation,and
the quotations have
Com,
mix.. West.
Pork, West, mess
. .
"
V bbl.
Baoon, long clear, new.
5 Il>9
76
45
O
78
downward tendency. California wheat Beef, pr. mess, ncw.yte
l.^. prime West. 9 iwt. 51 O
Deen somewhat pressed for.sale, and exhibits the heaviest Cheese. Am. choice, new 63 a
to consequence a strong
aw
946,771
76,145
52,323
daily closing qaotations for securities, Sic, at London
and for breadstuffs and provisions at Liverpool, are reported
by cable as follows for the week endins: March 10:
decrease of IP, being a net decrease in 1882, to date,
of 80. The number of failures in England and Wales
gazetted
during the week ending Saturday, February 18, was 232.
The
the
•54,688
The
increase of 36. being a net decrease in 1882, to
date, of 74.
The number published in Ireland for the same week was 34.
The number In the corresponding week of last year was
in
com
559,663
12,958
Farmers In the Fylde are now selling large quantities of
potatoes for shipment to America. The principal buyers are
paying 48. per load for them, which is only 6d. to 9d. less thaa
can be obtained from the Preston dealers, the nearest market.
As the London & Northwestern Railway Company, whose line
runs through great part of the districts named, charge 8s. to
98. per ton for the conveyance of potatoes thence to Liverpool,
they are first taken to Fleetwood, whence they are sent by sea
to Liverpool, and there shipped for New York the transit
from Fleetwood to Liverpool by water costing only 5g. per ton.
In America, it is stated, the potatoes realize about double the
price paid for them here, which, after deducting freightage,,
It is expected that this trade will
still leaves a very fair profit.
increase, and that cargoes of potatoes will be taken in larger
vessels direct from Fleetwood to New York and other American
ports. The railway company have been asked to reduce their
rate of carriage, but have refused to comply vrith the request..
for the
imrnber
cwt.
Barley
Oats
Pcae
1879-30.
1878-9.
32,572,995 24.303,326
8,777,954
6,364,532
7,405,372
5,801,355
1,223,847
827,145
1,502,613
629,234
11,102,188 14,266,465
5,716,719
8,952,577
—
The traffic receipts of railways in the United Kingdom since
the commencement of the year have amounted to £6,514,371,
bowing a
com
Beans
ol3,ert.
are the current rates of discount at the leading
Pr.et.
1880-1.
28,897,658
7,379,179
5,161.242
1,325,383
1,137,194
16,480.958
6,688,404
EXPORTS.
473,291
662,690
43,941
23,636
381,555
422,071
39,962
48,259
20,042
17,411
70,893
163,995
63,344
65,659
£,
24,532,660 So.Q.-iD.lSO 26,305.410 29,384,465
8,064,835 10.573.410
8,232,748
8,086.324
23,315,438 24.I07.181 25.576,015 28,710.062
13.130,343 14,S:il,808 16,482,993 14,688.528
~ "
24.651,538 20.«S1,280 18,42.^.968 22,766.474
12,417,560 17,419,633 17,077,872 17,756,467
,
Sim
76
45
78 O
58 9
63 6
10 5 10 >
7
7
5 11>s 5111s
76 O 76
15 O 45
75 O 75
53
52
63 6 62 6
A
9
10
1
10
9
6
71
44
75
oa
3
61
5
0%
O
O
6
O
:
;
;
;
THE CHRONICLE
282
^ammzvcinl and Wli&ctlVAntoxcs'^tvos.
National Banks.—The following national banks have been
organized :
2,641.— The First National Bank of Provu, Utah Territory. Capital,
$50,000. A. O. Smoot, President; Wilson H. Dusenberry,
and amounting
Capital, $50,000.
James G. Pendleton, President; Oliarles F. Gordon, Cashier.
2,643.-The City National Bank of South Norwalk, Oonu. Capital,
$100,000. Robert H. Kowan, President Jacob JVT. Lajton,
;
Cashier.
2,644.— The First National Bank of Newton, Iowa. Capital, $50,000.
Frank T. Campbell, President Chester Sloanaker, Cashier.
iMPOBra AND ExpoHTS FOB THE Webk. The imports of last
week, compared with those of the preceding week, show
a decrease in dry goods and an increase in general merchandise.
The total imports were §10,912,977, against $11, 175,2,52 the preceding week and $9,547,904 two weeks previous. The exports
for the week ended March 7 amounted to $6,676,353, against
$5,965,154 last week and $6,611,935 two weeks previous. The
following are the imports at New York for the week ending
(for dry'goods) March 2 and for the week ending (for genpral
merchandise) March 3; also totals since the beginning of first
;
—
week
January
in
FORETOV IMPORTS AT NiSW YORK.
For Week.
1880.
1881.
$3,025,548
4,911,315
1879.
$5,032,307
8,845,739
;$3,932.942
6.312,571
$3,572,402
7,340,575
$7,937,063
$13,878,046
$10,243,513
$10,912,977
$18,577,032
$23,213,781
47,232,504
28,930,317
58,441,513
i.70.416.288
487,372.030
1882.
to $650,000,
may have them renewed
XXXIV.
for thirty
years at 5 per cent, interest, upon presentation at the office of
the company at any time prior to April 1 next, when a contract
for renewal will be stamped upon them, and a sheet of 5 per
Any bondholder who does not desire
cent, coupons attached.
to renew his bond upon the above terms can receive the principal on
2,612.—The Searsport National Bank, Searsport, Me.
[Vol.
demand.
—
Trunk Line
Rates. The joint executive committee of the
trunk lines on March 3 advanced the rates on east-bound freight
from Chicago to New York, as follows, to take eifect March 13
For all mercha«dise in the seventh cla-ss, 30 cents per 100 lbs.
eighth class, 25 cents per 100 lbs.; ninth class, 35 cents per 100
lbs.; live hogs, 30 cents per 100 lbs.; dressed liogs, 40 cents per
and 45 cents in refrigerator cars.
the Chronicle acknowledge the receipt
from the publishers in London, of Burdett's Official IxtelliQENCE for 1882. This is a large volume of more than 850 pages,
comprising a carefully compiled summary of information
regarding British, American and foreign stocks, corporatioH,
colonial and provincial government seeurities, railways, banks,
canals, docks, gas, insurance, land, mines, shipping, telegraphs,
tramways, water works and other cjmmercial, financial and
industrial companies known to the London market and dealt in
on the principal exchanges. It is compiled by Henry C. Burdett, F. S. S., Secretary, Share and Loan Department of the
" We
London Stock Exchange. The London Times says
believe this book may fairljr claim to be considered the most
exhaustive volume yet published on the subject with which it
deals, and it cannot fail to be of great value to stock brokers,
financiers and the public generally." It is for sale by E. Cuuchman & Co., 14 Thrograorton Street, London.
100
lbs.
,
in ordinary cars,
—The publishers of
:
Dry goods
Geu'Imefdise..
Total
Sinee Jan.
1.
Dry goods
Gen'lmer'diae..
34,9.59,385
$26,406,456
57.092.396
Total 9 weeks
$53,536,467
$83,498,852
In onr report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending March 7, and from January 1 to date
EXPORTS FROM NEW YORK FOR TUB WEEK.
:
1879.
For the week...
1880.
1881.
1882.
tageous to them.
Prev. reported..
$6,314,611
49,319,631
$7,773,954
47,745,114
$8,921,297
58,472.295
$6,676,353
51,253,210
Total 9 weeks
.t55,6e4.242
$55,521,063
$67,393,592
$57,929,563
The
following table shows the exports and imports of specie
at the port of New York for the week ending March 4, and
since Jan. 1, 1S82
EXPORTS AND IMPORTS OP 8PEC1B AT NEW YORK.
:
Exports.
Imports.
Week.
Since Jan.l.
$2,250,000
Germany
West Indies
Mexico
South America
$8,852,298
150.000
35",6b0
9.5.006
$2,285,000
$9,113,998
116,210
1.124.200
Al 1 other countries
Week.
Since Jan.l.
$100,131
$
8.449
3,737
101 715
75 433
63.461
4,035
$12,186
78,187
8,759
$344,778
4,800,670
841 649
16,700
T»tal 1882
Total 1881
Total 1880
250
780,810
—
The Guarantee Company of North America makes its ninth
annual report, showing that there were 5,737 new applications
during 1881, and on these 5,075 bonds for $4,725,985 were
actually issued, on which the annual premiums amount to
$36,781.
The
total business in force Dec. 31,
1881,
was 7,154
bonds covering $8,406,625, on which the annual premiums are
The company appears to be doing a safe and
$70,384.
prosperous business, and all parties interested should get a
copy of the report see card in advertising columns.
Attention is called to the semi-annual dividend notice of
the Dubuque & Sioux City Railroad Company, of 3 per cent,
payable at the office of Messrs. Jesnp Paton & Co., this city,
—
—
Qold
Great Britain
—
Messrs Jarvis, Conklin & Co., brokers in Kansas City, Mo.,
give notice in the advertising columns of the Chronicle that
they can make good investments on real estate mortgages
secured on improved farms in Kansas or Missouri, and bearing
7 to 8 per cent interest. They also deal in county and township bonds, bearing 6 to 8 per cent interest. They refer, by
permission, to many prominent business houses in different
parts of the United States, and parties wishing to invest on
mortgage might find a correspondence with this firm advan-
April 15, 1882.
The Deadwood-'i'erra Gold Mining Company of Dokota has
declared a dividend of $30,000 for February, payable at Wells
Fargo & Co.'s, on the 20th inst. Transfer book's close on the
—
15th.
—The usual $75,000 dividend for the month of February has
been declared by the Ontario Silver Mining Company, payable
at Wells Fargo & Co.'s on the 15th inst.
Silver.
Great Britain
Prance
$197,000
19, too
Germany
West Indies
Mexico
South America
$1,887,743
286,600
3,000
All other countries
Total 1882
Total 3 881....
Total 1880
$216,600
183.077
232.624
$2,177,343
1,970.847
1.305,075
$
$11,193
3.539
35,501
1,300
93,300
166.671
19,365
4,634
$40,310
8,732
11,593
$296,082
571,200
1
,026,072
Of the above imports for the week in 1882, $3,860 were
American gold coin and $7,949 American silver coin. Of the
exports for the same time $2,285,000 were American gold coin.
Messrs. A.
weej£
,"5^-
}^.
MuUer & Son
-.J,?100
Joliet & Chicago ER.. .138
146 Ft. W. & Jack. RK. prf 41
15 American E.xch. Bk.
1"5
66 Hamilton Fire Ins. .. 121
10 Continental Fire Ins.. 227I2
120 Rutpers Fire Ins
150
40
80
Bonds.
$15,000 DoBglan Co., Kan. 7s,
Jan. 1, 1875. coupons on. 7913
loeia
Ins. 145
8tuyvesant Fire Ins
133
Pacific Fire Ins
logf.
9 Marine National Bk
140
2 Nat. Bk. of Commerce. 1481a
10 Home Ins
147
15 B,ink of the Republic. 137>2
30 East'nTran8port'n..36i2<*51
o 1 o? N.Y.& Bost. Ins., ex-dlv. 2212
2.135
At.&Gt.W. Petrol'mfor$200
m. „ «
Bonds.
W2^Pittsl).
Ft.
Wayne &
Chic. RR. 7s. construction,
due 1887
102%
10.000 County of N. Y. 68
consol. gold stock, reg.,
,„«»"« 190.1-..
127'4&int.
10.000 Chic. Bur. & Quincy
RR. 78, due 1890..;
..II513
Reading & Columbia.
--.-."M.o.-— i.,ui,n;B
Notice
Rrnt^Z:.^"
nrst mortgage
We publish to-day our " MEMORANDA CONCERNING GOYEKNMENT BONDS," containing information valuable to all investors.
Its principal contents are
1,C00 Scioto & Hocking Val.
RR. 78, bond, due 1888... OS's
1,000 City of B'klyn Public
Park loan 7s, due 1915,
140
& Int.
2,000 City of Brooklyn 68,
water loan, aue'91.115i3&int.
10,000 County of New York
Bounty Fund Os,
due 1885
106% & int.
20,000 County of New York
Soldiers' Bounty Fund 68,
due 1887
110 & int.
26.000 County of New York
Soldiers' Bounty Fund 68,
due 1890
114>a&int.
2.000 New York County Accumulated Debt 7s, due
.1885
lOOSs&lnt.
500 City of New York 6s.
consol. water stock, due
126&int.
, 1902
Soldiers'
1,000 City of New York
Cent. Park fund 68, stock,
due 1887
114
& Int.
is
IB given that
mat noiaers
holders oi
of tne
the
bonds of the above company, maturing March
1,
memoranda oonooming
QoTemment Bonds,
State Bonds,
sold the following at auction this
Shares.
Society Library ..$1613
20 Howard Fire Ina
20 Mech. & Trad. Fire
BANKING AND FINANCIAL.
8611
The Debts
of Foreign Countries,
Stock Dealings,
A Compendium
of the Published
Returns of the Census of 1380,
and Notes on Gold and
To anyone
desiring to
make
Investments,
sending this book, free of charge; or
at our
it
we
Silver,
shall take pleasure in
can be obtained by appUoatlon
office.
We continue
to
buy and
sell
Government Bonds
amounts, without charge fer Commission.
Wo
In large or small
receive dope
it
ao-
counts, subject to check at sight, allowing 3 per cent. Interest eu
balance! averagim; over $1,000 a month.
We do a General Commission business
la all Stocks
and Bonds
dealt
In at the Stock Exahsna*.
FISK & HATCH,
5 Nassau Street,
New York.
.
:
.
» MAKcn U,
;
:
:
THK CHRONICLE,
1889J
In domestio
283
bills
New York exohaoge waa qaotod
&%
DIVIOBNDHI
Company.
Railroads.
Per
WKtK
Books CUued.
Puyable.
(Itayt ineiutite.)
1\
1\
Iinl>uiini' \-
Htoiix City
Ciiitnil A IliulBoii ((iimr.) ..
\ H;iili'iu (olty Hue)...
80111 liwiKd'rii I'l'iiimjlvunla.
Union I'licilli' dinar.)
3
N V
3
2
4
N. w Viirk
Hanks.
Aiir.
1
Apr.
1
Miu'".'l3'to"Aprii"2
On dem.
15
CUeiiilcal National
28 Miir. 10 to Mar. 2D
20 April 1 to April 23
15
IS April 10 to April 10
Mar.
Apr.
Apr.
Apr.
niHrellancons.
Western Union
Til. Co. (guar.)...
IHi
Apr,
l."!
NEW YORK. FRIDAY. MARCH
The Money Market and Financial
market
hn.s
Mar. 19 to April
lMiU-3
10.
Situation.
of specie hare l^een checked
F. 01.
—The money
but in Hpite of
these favorable circamatances, the stock market has still shown
gteat depression. It was thought last week that the lowest
prices had been reached, bat we remarked then that it had
seldom happened that a recovery took place from such a serious
downward morement, without many reactions in the course
By the active efforts made to keep the market
of prices.
down, as shown in part by the innumerable rumors put afloat
without any foundation, it is evident that the "bear "influence has been heavy, and has had much to do with the continned depression. In the meantime, the reports of railroad
earnings are large in fact, compared with the small receipts at
this time in 1881, they are very large and the general outlook
The report of railroad earnings
for business activity is good.
for February and for the first two months of the current
year will be found on another page.
It is evident that the liquidation which has taken place at the
Stock Exchange has been of immense volume, and it is a fair
conclusion that on the lower range of values, stocks have passed
into stronger hands, and that the general market will be in a far
—
less assailable condition,
when the
present flurry
is
over, than
it
in the past six months.
The money market, notwithstanding the poor bank statement
of March 4, has been decidedly easier than last week, and
stock borrowers Rave usually paid 5@6 per cent for loans,
while government bond dealers have paid 3 to 3>^ per cent
prime commercial paper is quoted at 5>^@6 per cent.
The Bank
of
England on Thursday showed a gain
in the
weekly statement of £ul2,C00 in specie, arid the percentage of
reserve was 40 3-16, against 37 11-16 the previous week the discount' rate was reduced from 5 to 4 per cent. The Bank of
France gained 9,250,000 francs gold and 247,500 francs silver.
;
The last statement of the New York City Clearing-House
banks, issued March 4, showed a further increase of $1,184,975
in their
deficiency below
the
legal
requirement, the total
defleency being |2,618,050, against $1,433,075 on Feb. 25.
The following table shows the changes from the previous week
and a comparison with the two preceding years
1882.
March
4.
Differ'iuet ffm
prejitout week.
i
;
1881.
Uarch
March
Sixty Dayi.
10.
Prime bankern' RterUng bills on London. 1 85^94
Prime roiuiiierolal
4 84 «4
Doeumrtiturv oommerclal
4 83>s94
.,
ParU (francH)
.
5 20 »5
Amaterdam (Kiillilem)
40 •
Frankfort or Brninon (relohmarksl
94 \«
87
84>9
8>
17>«
40NI
95
Demand,
4 8a>«»4 90i*
4 m8 94 88>i
4 87ifl»4 88
5 I6>4SS IS>«
40^9 40V|
o:>H» 95'%
stronger tendency. It is reported that Secretary Folger will
soon call for another $20,000,000 of bonds.
The closing prices at the New York Board hare been a$
follows
;
—
has been at any time
I
United States Bonds.— There has been a good business in
16
government securities, and prices have exhibited rather a
relaxed this week, foreign excliange has deolined,
and the exports
m
;
cent.
Chleago A N. Wi'sfii itret. (qimr.)
riili-. St. 1". Minn. A (>, prof, (qiiar.)
to-day
:
,
TiMfoUoirllUC dirldsndi have reoently beoa knnonnoe<l:
tt'ame »f
named
Savannah, buying, %, selling, \i
Cbarleaton, buying, %&3-l<i Drem., selling, '^ prem. New
Orleans, oommeroiai, 100® 135 prem.; bank 250 prem. Chicago, 50@75 prem. Bostoa, 30O25 discount.
Quotations for foretg:n exchange are as follown, the ontaide
prices being the posted rates of leading bankers
follows at the place*
5.
1E80.
March
6.
I/jansanddls. W20.677.800 Dee.*4,;i.i7,100 $298,435,400 8297.13.5,500
Specie
.".3,279.300 Dec. 2,174,000
54,894,100
hS.OTy-y.WM
Oirculatlon...
20.026.200 Dec.
40,500
15,448,.'J0O
21,002.100
Het deiHMlto
290.673.800 Deo. 7,116.500 274.442,600 271,483,400
IiSgal tenders.
16.770,600 Doc
490,100
13.289,200
12,130,400
Legal reserve. $72,068,450 Dectl ,779.125 $63,610,650 $07,870,8,'>0
Beienre lield.
70.050.400 Doc. 2,964,100
68,183.300
70,185,400
Interest
Periods.
&
6h, continued at 3k.. J.
J.
Sb, continued at 3>s.. Q.-Feb.
reg. O.-Mar.
4>s8, 1891
4is8, 1891
ooi'p. Q.-Mar.
48,1907
1907
48,
68,
6e,
68,
68,
6b,
*
our'cy,
cur'cy,
cur'cy,
cur'cy,
cur'cy,
This
la
Meh.
Mch.
Meh.
Meh.
Meh.
4.
6.
7.
8.
0.
•100% •100*1 •100% •100% •100%
•102
102 14 102>4 '102>4 •102%
113^ 113% -118% •113!li •113%
•1130» 11308 •11308 •113% •113%
rei?. q.-Jan. •117
coup. cJ.-Jan. •118
1895.. reg. .r. A J. •125
1896.. reg. J. & J. •126
1897. .reg. J. A J. 1'27
1898. .reg. J. & J. •128
1899. .reg. J. A J. •129
the price bid at the
•117
118
•125
•120
•127
•128
'129
monuns
Doard
117i« •117
n»i8 '118
•120
•127
•128
•120
'130
;
•125
•126
•127
•128
•129
Meh.
10.
•100%
1021a
•113%
•113%
•117i« •U7>#
118<e 'lie's
•125
•126
•127
•123
•129
'125
•126
•1'27
•128
•129
no sate waa made.
—
State and Railroad Bonds. The Tennessee bonds have been
very weak, and their prices have broken down to the lowest point
reached since the late adverse decision of the Supreme Court.
The uncertainty as to the course of events in the State and tho
mere fact that some new adjustment is made necessary, is quite
snfllcient to account for the discouragement of holders.
Louisiana bonds are neglected, and for some time past New Orleans
holders have rather been sellers than buyers.
Railroad bonds of the speculative sort, embracing all thosa
which are carried on margins and fluctuate with their re-spective
stocks, have been depressed. The Brie second consolidated led
the list in point of activity, and were sold down to 91% on
Thursday, recovering sharply and selling to-day at 94 >6 and
closing at 93^.
A prominent operator is credited with the chief
attack on these bonds, and the same party was supposed to have
thrown overboard a large amount of them when cramped in the
panic of May, 1880.
Railroad and Misccllaneons Stocks.—The conrse of the
stock market has unquestionably been a disappointment to many
holders, who thought that the lowest prices had been reached
last week.
It certainly appeared as if tSere was every prospect
of a recovery, and as if the material used by the bears had been
nearly exhausted; but, on the contiary, their attacks were again
renewed, and prices in some cases yielded still further. The
failure of Charles A. Sweet & Co. in Boston was made the most
although it appears to have had no general significance, and
the firm, as now reported, will probably pay dollar for dollar.
Then the Louisville & Nashville .$10,000,000 loan negotiation was
of,
pending for a few days, until finally settled on Thursday, and
this gave an opportunity for circulating rumors of its failure.
In ordinary times these matters, and the various other rumors of
financial embarrassments in one direction or another, would
have had no weight, but coming at a time when holders of stocks
were already demoralized by the heavy decline which had taken
.place, they had more effect, and induced further sales of stock
by timid holders. The market to-day was stronger, but rather
feverish
and
unsettled.
The annual reports for 1881 now coming out are generally
good, and the Pennsylvania Railroad, Union Pacific and St.
Louis & San Francisco, published this week, all make a handsome
exhibit.
not yet certain that the quarterly dividend on Denver &
will be pa.s.sed, but from the opinions of the
President and influential directors, it is supposed that it will be.
Of the Louieville & Na.shville loan the Etening Post to-day
Exchange.—There has been much more activity than usual in
says: "Th'j subscriptions to the $10,000,000 new bonds of the
loreign exchange, and the larger supply of bankers' bills leads
Louisville & Nashville Railroad Company were formally comto the conclusion that securities have been shipped in one
form pleted last evening. These bonds run forty years, bear 6 per
cent, interest, principal and interest payable in gold, are secured
or another. The rates on actual transactions are
below the
roidsowned by
usual specie shipping point, but nevertheleiw it is reported that (1) by the pledge of oonds and stocks of various
the Louisville & Nashville as before mentioned in this column;
$750,000 is engaged for the Germanic, which sails to-morrow. these roads are of great value to the Louis yille & Nashville
Some of the leading bankers have not reduced their posted system, [and several of them are already earning dividends on
to follow the g^eneral
rates to correspond with the easier tone of the market,
and there their share capital; (2) by a mortgage
mortgage; and (3) bv a sinking fund suflicient to extingaish the
is considerable difference in the range
of quotations. To-day,
whole issue of bonds by the time of maturity. The company
on actual business, the rates for prime bankers' 60 days' sterling will receive the cash for the bonds sold as needed to meet mabUls were about4 85J<®4 85^. and demand bUls, 4
89?6@4 89?4. turing floating debt and to defray the cost of road now
The actual rates for Continental bills are as follows Francs, under construction. This is a final settlement ot all the difficulties of this company, and it removes from the general situa6
14?6 and 5 18Ji®5 19J6 ; marks, 5
94^ and tion what has been a seriously disturbing element. The new
40}j#40S^.
95^095^, and goilders.
bonds ought to be a good investment security."
Bnrplna
$2.018.050;Dec.$l.lJj 1.975
It is
•$427,350
2.314,530
Deficit.
:
IZHm
94%m
Rio Grande stock
9
.
THE CHRONICLE.
•i84
RANGE IN FRIGES AT THE
fVoL.
STOCK EXCHANGE FOR THE WEEK, AND SINCE JAN.
N. Y.
DAILY HIGHEST AND LOWEST PRICES.
STOCKS.
Saturday,
March
4.
KAIf.ROADS.
AlbanT * Susquehanna
Boston & N. \. Alr-Llne..-..
li.
6514
6514
4634
471a
64
7.
Wednesday, Thursday,
March
8.
March
March
9.
131%
131%13l%
64
63% 63
10.
A No.
•80
47 »8 48
80
...
47% 47%
34
•33
90'4
8914
92^
89>,
•331a
9034
88=8
21
*21'a.
29I11
30
34
9134
89 14
2113
31 '6
23
129 129
Chlca/jo* Alton
131
131
130
Qulncy.
1281a
*
Burlington
Chicago
108'oll038
Chicago Milwaukee & St. Paul 109^ 111
1221412214 122 122
prot
Do
131 "a 13214 1301a 1311a
Chicago * Northwestern
142i>4l42'8
140 1411-j
pre(..
Do
130 I3II4
Chicago Kock Isl. A Pacltlc...
73
73
Orleans.
New
I..
&
Chicago St.
311, 33
33 Is 33 'e
Chicago St. Paul Minn. * Om.
99 "a 100 la
pref. 100% 100^4
Do
48
48
Clncinuati Sandusky & Clev. ..
•78
7734 78 14
Cleveland Col. Cin. * Ind
Cleveland & Pittsburg guar... 133 136
•221a
30
91% 92
89%
88I4
20
30
20%
30
44%
44% 47
15
Cedar Falls* Minnesota....
Central Iowa
Central ol New Jersey
Central Vacitic
Charlotte Columbia & Augusta
Cbesaiieake * Ohio
Istpref
Do
2d pref
Do
Dubutine* Sioux City
Gfl.....<
Do
Green Bay Winona &
*
Hannibal
St.
St.
&
^*^^Paul.
119
80
47
45
121a
19
20
85I4
...
8718
68
68
134 1« 135
& West., new.
Indiana Bloom'n
11=4
•90
preJ
Texas Central
niinois Central
86% 90%
88% 8934
86% 89%
87% 8--
20
29
20%
19% 20
30
23
28
21
20
•20% 22
129%129'a 128% 128% 1283^ 12834 1273,
12734 129
129%
127 'e 129
129% 130
109% 109 't 108 109% 108% 109% 108%
119% 11934 120
120 12034 119% 120
129
130 ISO's 128% 130
128% 130
139 1393, 138% 13834 139
139% 140
12934 131
130 130% 129% 129% 129
68
68
68
32%
30%
3134
30% 31%
98% 100
99% 100
46% 47
•773,
73
71
73
79
9834 100
45%
76% 77
45
44
76
133
20
29% 29%
29
21
128
130
110
120
130%
139%
129
73
31% 3238
98% 99%
4434
73 '(
136
75
7i
134% 134%
113,
1834
12
11%
I9I4
183,
1134
1834
11%
16% 16%
10
*90
82
-83
*90
...
8614
79
18
18
10
•90
81% 83
11% 11%
19% 19%
10% 10%
90%
77% 81
'90
82
68
6434
20
20
•90
91
80% 83%
65
643,
65
13334134%
133% 13334 133% 133% 133% 134% 133% 134
40
40
38
36
37% 36
39
37% 37% 38%
Keokuk* Des Moines
Do
pref
lAke Erie & Western
Lake Shore
31
114
31%
11434
2914
293,
50
60
* Missouri Blver....
& Nashville
Louisville New Albany * Chic.
781,
73I4
76%
68
55
65
65
9334
04
31
30%
94
31
11
6
11
a
60
54
Louisiana
lionlsville
Marietta
&
Istprel
75
68
5534
•93
5534
511a
9334
-'each Co
.cinnati, Istpref.
pref.
31
60
90
82
Metropolitan iClsvfted
Michigan Central
Milwaukee L. Sh. A West., pref
Minneapolis* St. Louis
Do
pref...
Missouri Kansas * Texau
Missouri Paclttc
Mobile* Ohio
Morris * Essex
Kashville Chattanooga * St. L.
New York Central * Hudson ..
New York Elevated
New York Lake Erie * West..
Do
pref.
New York New Haven & Hart.
Hew York Ontario AWestern ..
Norfolk A Westera
Bo
pref
Do
30»8
pref
Ohio Central
Mississippi
621a
91
821a
64
90
81
19
31%
96%
29% 30 la
•
483,
32 14
71%
20 '8
32 3,
Do
8t. Louis
* San Francisco
Do
Do
St.
PatU
pref.
pi-ef.
24
140
3134
3134
31 14
•77
31 14
29%
16
72
61
62%
93
30
6
6
47
89
79
52
89=4
81"
44
46
42% 44%
28%
293^
263.
67=4
73%
51=4
53
92
31
92
«29
7134
93=8
94=1
29%
91% 93%
22
44
30%
10
6
48
•87
79
50
00
49
80\
8O34
87% 88%
303,
'28
26
120
67%
12934 1311.
•103 108
34% 35%
70% 70%
•165
170
21% 22%
47
28=4
6734
30%
20%
44% 47%
30% 31%
68% 70-
45
31.',
703^
20
18
19
183<
3134
31
31%
18
28=4
1534
30=4
2934
30%
153<
00 14
62
190
64
190
62
62
17
61
17
61
•132
133
29%
58%
135
48
48%
28% 29%
67% 58%
21% 22
31
32
90
89
106
36
71
170
23
26
120
54
31=8
71
22
130
140
22
120
140
131%
26% 28%
89
92%
25% 28%
56% 5734
20
121
22
122
70
20
60
31=8
30%
27
70
37
47
87
29
73
20% 24
21% 25
37%
48%
87%
60
62
,35
43
34%
118
113
3034
30
63
36
46
121
115
26
120
56% 60%
130% 131%
105=4 10534
36%
73% 73%
35
169
169
22% 23%
47%
30%
69%
18%
30%
48%
31
70%
19%
^1
20
64%
25% 27%
67%
65
135
19%
17
135
144
28
120
64
57
136
120
135
31
27% 29%
90
93%
•17
25% 27%
56
138
82
42% 43%
4234 4234
70
20
48
49
32 14 32%
69»8
19<4
3OI4
•16
23
122
63
77%
•92
•
38% 38%
48% 48%
..
pref
16
65
61
62
93
27% 28% 28% 29%
113% 114%
112% 114
50% 50%
19
82
Istpref.
A Dulnth
Do
.
231a
136
293,
60
Beusselaer
Kichmond * West Point
Rochester* Pittsburg
Kome Watertowu * Ogdensb'g
eu LouisAllou A TeiTe Haute.
90% 90%
81% 82
28
112=8 114
122
54
130
104
35% 36% 34
37>e ST^
35'a 37%
761.
76
77 H75
72% 73
67
170
169 ]69
169 189
167
24=4
24
23
23
24
23% 22
32
& Saratoga
Kichmond & Dauville
91
813,
20
60
Ohio Southern
y
Oregon & Trans-Continental ...
64
Panama, Trust Co. certillcates.
Peoria Decatur* Evansvilie...
3018
30
28%
Fbiladelphia & Reading
67
681a 59
Pittsbmg Ft. Wayne* Chic... 1341413413 136
Bich.& Allegh., stock trust ctts.
611a
52% 52%
92 '8 94%
25
25
12234 1223; 12234 1223, 122
122
66
66
64
64
66
66
131^8 13231. 131
132
131%131'g
105 108
102 106
106 106
941.;
4814
321,
70'e
2034
Northern Faoiflc
*
80 "4
70
1.1
2d
Do
Memphis * Charleston
Oliio
78
70
94 "a
29 '8 30
113%114i4 113'6ll4;
liOug Island
Manhattan
Dc
Manhattan
20%
119
136
22'
123
30%
41
643,
24
62
24 »i
64
35
46
4634
47
76
A Manitoba.
A Burlington ..
tJnion Pacltlc
Wabash St. Louis A Pacific
Do
pref.
MlSCEULANEOUs;
American District Telegraph ..
Colorado Coal * Iron
Delaware * Hudson Canal
New York * Texas Land
Oregon Hallway * Nav. Co.
75
lllia 1121a 111%111% 110%111
110% 110% 111%111% 111% 111%
40% 41=8 38=8 40% 37=8 39% 34% 38
34% 36% 35% 37%
14
14
12
13% 10
11% 12% 12%
12% 12%
112=8 110 41134 111
1131a 1141a 1H%113''8 111
1123, 112
113%
3338 34 Ig
32=8 333,
32=8 33=8
3134 33%
31% 33
32% 3334
59
66
661a
65=8 67»4
67% 66
66% 66
57
56
67%
Pacltlc Mall
41 14
41
12614 126 14
St.
Paul Mluneap.
Texas
&
Pacillc
Toledo Delphos
.'.
*
Pullman Palace Car
Sutro Tunnel
WestUnion Tel., tx-certUicates
Ooms
EXPRESS.
Wells,
4114
78'a
7434
„ COAL AND MINING.
Consolidation Coal
126
Homestake Mining
Little Pittsburg Mining
Mariposa Laud * Mining
Maryland Coal
Ontario Silver Mining
Pennsylvania Coal
•18 la
Qoickailver
Do
.
_^
•llj
pref
•68
*18i4
Coal
.SO
n
Central Arizona Mining
I>eadwood Mining
Kxcelslor Mining
Now C«ntr.%l Coifl
•5>a
1^
..'.
•
92 'b
748,
128
20
It
4034
126
126
77%
143
92
•74
126
7334
143
92
75
126
30% 30%
19% 19%
40%
•35 14
4034
69
1
•6%
6%
45
39%
40=e
106
40%
39
128- 123% 126
a,
34
77 'a 79
142
144
92% 93%
3,
143
93%
72% 74
•92
75
127
126
128
-31
83
•29
32
43
128
39
8'
40
128
12s
393.
3,
43
3934
76=4
140
-92
73
128
30
•18
40
128
40%
124
3<
78%
146
93
73
128
30
19
•1%
Jan.
7,300
100
300
70.910
16,889
80
44
15
Feb.
Feb.
Feb.
30
Mar.
77% 78%
142
142
82% 03
•73
74%
126
128
30
30
•17% 18%
•1% 1%
17
17
11% 11% •11% 12%
69% 69% •57
60
1
6%
•15
•35
16
36
11% 11%
14%
Feb.
19%M,ir.
28 Mar.
100 21 Mar.
471 12734 Mar. 10
4,802 12734 Mar. 9
..
104% Jan.
119% Jan.
4
3
124
4
136%
129
400 68
11,800 2934
10,255 97%
2,200 44
1,800 76
100 133
200 75
6,460
9%
65
128,765 118=8
264,577 65
83
14,346
10
3,000 18%
1,100
8
90
40
S»4
',[,
These ore the prices bid and aaked-no aale was made
at the Board.
"l^"
U''.
1
•6%
6
6
1%
Feb.
Fob.
Mar.
Mar.
Jan.
Mar.
Feb.
Jan.
Mar.
Mar.
Feb.
Feb.
Mar.
Feb.
Mar.
M.ar.
1,196 128
20,850 38
305 122
2,050
%
161,242 76%
Jan.
Jan.
Feb.
3934 Jan.
85% Feb.
60% Jan.
21 Jan.
37% Jan.
97% Feb.
94% Jan.
73% Feb.
26 Jan.
3734 Jan.
2634 Jan.
135% Feb.
138 Jan.
111
Mar.
123 Jan.
138 Feb.
143 Feb.
135 Jan.
84 Feb.
37% Jan.
102 Jan.
57 % Jan.
84 Jan.
137% Jan.
104 Feb.
21% Jan.
60 Jan.
128% Feb.
74 =8 Jan.
84 Jan.
16 Jan.
28% Jan.
Jan
Feb.
Feb.
I-eb.
Feb.
20
110
200
20
88
62%
16
Mar.
48 %
15
49
37%
116%
100=4 Jan.
75 Jan.
60% Feb.
98% Jan.
34 Feb.
15% Jan.
9% Jan.
82% Jau.
92
90
52
21
Feb.
Jau.
Jan.
Jan.
61
Jan.
39% Jan.
104% Jan.
333, Jan.
124 Mar.
87 % Jan.
.3534 Jan.
_„
109% Jan.
43% Jan.
85 Jan.
172 Feb.
28% Jan.
24 Feb.
5334 Jau.
37% Jan.
77% Jan.
23% Jan.
38% Jau.
23% Jan.
75 Jan.
195 Jan.
37=4 Jau.
67% Jan.
136 Mar.
140 Jan.
40 Jan.
250 Feb.
283 Feb.
K
3334 Mar.
21% Feb.
43=4 Jau.
92 Jan.
46% Jan.
66% Jau.
106% Jau.
30=4 Feb.
75
Mar.
115% Jan.
51% Jan.
17% Jan.
119=4 Jan.
38% Jan.
71% Jau.
60 Feb.
45 ^4 Jan.
109 M Feb.
49% Jan.
140 Jau.
45% Feb.
145 Jan.
1
Jan.
8234 Jan.
36% Jan.
1934 Feb.
2 Jan.
2%J:lll.
26 Jan.
15% Mar.
33
600
400
200
100
150
600
11%
57
14
30
Jau.
Jan.
Feb.
Jan.
Jan.
Mar.
Jan.
6
Jan
% Jan.
35
246
Jau.
Jan.
14% Jan.
62-4 Jau.
1734 Jan.
37 Jan.
1% Jan.
6=4 Feb.
1=4
135
30
71l»
60
90
90
40%:
46
112
82%
80% 102%
20=4
32 3,
23
127
33%
48 {
36%
166
133% 182"»
1011, 129%
116= 140
117
136
131% 147%
129
40
33%
1481^
88
127%
61
1091a
68>«
1013«
142
82
98%
91
41%
81
183j
60
107
68
32»»
77
131
113%,
76% 83
13
28
21
33
14
41
121
106
146i»
57
30%.
56
32
66i!».
94
63
124
38%
Feb.
20
2%
Jan.
4
Mar.
2=4 Jan.
l%Feb.
IHkFeb.
Jau.
Jan.
«
112=, 136=*
44
63
18% 38
79
60
llOift
18
59%
15%
117"a
691a
24
16
93
77=j 126
84 =< 126%
42
64%
23
301c
9
6
41
62% 70%
34 'i 64
85 114%
18% 39%
118
63
1301,
96
39=4
80%
131
102
165
1301*
52%
96%,
164% 190
25%
23%
53
32=.
43l»
26%.
70
51
04% 88%
21
35
18
64
190
27%
50
127
130
35
37%
60
37ia,
83
200
571*
7434.
142
146
80
99%
122
22
22
39
85
39
55
90
26
70
171
174i»
50
50%
771a
143=4
65
Sl%
115l»
42%
89%.
88% 113=4
41% 73%
38
15
105% 131%
33% 60
84% 96%
74%
31
67
35
89% 116%
49
190
30
134
39
120
62%
161
4>2
92
77
15?
62% 98
51%
79
112
142
30
14
43
29%
1%
»4
17»4
St,
32%
38 >2
264
240
12
53
21%
76%
IT
27
25
1
4
Mar.
2
17
120
25
45
37
69
50
16
31
4434 350
Jan.
Feb.
Jan.
Feb.
Jan.
Jan.
Feb.
Fob.
137%
High
Feb.
111% Jan.
Feb.
Jan.
For Pull
Year 1881 >
12% 12%.
15% Jan.
l%Mar.
30
1882.
Mar.
30 141 Mar. 2 149% Jan.
115 90 I'ob. 18 97 % Feb.
426 72% Mar. 8 80% Jau.
47 125 Feb. 24 130% Jan.
4,300
1
S%
14%
Mar. 10
Mar.
1,800 31
Jan.
5,925
38=4 Fob.
11,876 105 Mar.
240
•i'i"'
li
10,240 78 Mar.
300 62 Feb.
9,075 127=4 J.in.
1,550 36
Mar.
13% Fob.
48 Jan.
,3,160
27% Mar.
131,475 108 Feb.
100 49% Feb.
100
Mar.
224,026
65 Mar.
600 61 Feb,
2,560 44 Mar,
400 92 Mar.
2,120 25 Jan.
600 10 Mar,
400
6 Mar,
33,450 46
Mar
2,320 84 Jan.
19,341
79 Feb.
1,600 42 Fob,
300 19 Mar.
59 Feb,
64,386 26% Feb. ...
151,100 89 Mar. 9
1,100 22 Feb. 24
754 120 Mar. 9
12,400 54 Mar.
57,187 128% Jan. 31
100 104 Feb. 24
193,597
34 Mar. 8
3,033
67
Mar. „
170 168 Feb. 17
11,216
21% Mar. 9
20 Jan.
7,820 44% Mar.
9,045 2834 Mar.
164. 6!'
6634 Feb.
6,546 17 Feb.
6,520 27
Feb.
200 15 Feb.
2,800
60 Jan. .
200 190 Jau. 1
8,430 25% Mar. 8
54,600 55
Mar. 10
230 133% Feb. 24
135 Feb. 25
3,625
17 Mar. ^
3,500 118 Mar. 9
1,600 115 Mar. 9
8,600 24% Jan.
20 Jan.
3,014
20% Mar.
1,800
60 Mar.
1,600
34% Mar.
2,275
43 Mar.
525 79=4 Fob.
660 26 Feb.
175 68 Jan.
3,400 108% Jan.
68,270 34% Mar.
2,220
10% Feb.
111,674 110 Mar.
47,100 27% Feb.
87,410 54 % Feb.
*15""l7"'
•35% 36
61
16
1882,
6 133
86=8 Mar.
86 Feb.
Jan.
Jan.
1,
Highest.
2,294
1,700
116,610
1,970
25,635
5,640
1,910
1,
32% Jan. 18 32%
60 Jan.
70%
2
•15" "17
S^e
43
40 _
39% 4934
106% 105 106%
12334 12334 124
76% 78%
143
40
39
105
=4
•74
127
36%
15% I6I4
30% 30%
45
106% 103
•1% 1=8
"15% "17
69
It
47
40%
124
161a
11,
61a
46
40
105=4
3^
61
80 ^
"SH " 8'8
Bobinsou Mining
SUvorCliir Mining
^l0^mont Mining
40%
•li" "iih •ll" "12%
Standard Consol. Mining
Cameron
791a,
146
i7ii'i"7'ia
•3514 861a
M inliig
39% 41%
»4
92
Fargo* Co
421a
I0714IO7I4 106% 10634
•40
43
•39
43
134 134
129 130
143
American
United States
Lowest.
70
•20=8
•38
3134
47%
15
88% 91%
87% 88%
9
Joseph
Do
Houston
Range Since Jan.
130
460
75
75
77
77
Columbia & Oreenville.bref...
IQie ID'S
9=8
934
93<
934
9% 9%
9% 9%
91a 10
Columbus Chic. * Ind. Central
Sanbury * Norwalk
Delaware Lackawanna * West. 12334 124^5 122=812334 122=8 123=8 120% 123% 120 122% lls%123%
561, 58=6
5534 67 'e
56
57 14
57'8 61^4
55% 5734 533, 68%
Denver & Kio Grande
£ast Tennessee Va. *
Sales of
the Week,
Shares.
3934 Jan.
Buffalo Pittsburg* "Western
Burliugtou Cellar Rapids
Canad.'i Southern
Tuesday.
March
130
pref
Do
Monday.
March
Friday,
XXXIV.
%
46%
7
14
7
18
36%
2
13'»
7
2%
14
*
.
.
.
1
.
.
. ...
.
—
.,.
.
THE CHRONICLE.
MiLBCII 11, 1%8.J
285
QUOTATIONS OP STATE AND RAILROAD BONDS AND MISCRLLANBOUS SECURFTIES.
(«TATR
•KCCRITIX8.
(Jfiaa A,8
OlMa A,
'2
OUmU,
IIHW
lO.SOii,
fti.
Arli^niw*—
•
e*.
'•
'""
•
""xi...
20
it".
'.9
HU
KB
20
10
33
7»
7!..
7»
7-
'
7-,
It. li.
UK.
.lit.
RR.
'
Coil"
Otorgl'i
Know,
:09>a
ii3>^
"0...
Uiumlbuli
Do
14
iiai«
101
104
St. Jo., 'Se,
'87.
tlo
New York—
18!i8-4..
'.
108
Ba, KOld. n>r. 1887
6s, gold, coup., 1887
e«, Toui, 1883
tw. \H?nl
1888
it, cndorwil, 1886
aold, 1880
Soatb CarollB»—
6s, Act Mar. 38. 1860
A.*0
Brown consorD 6a, 189:
TaaasaM S Ba.eld. 189
6a, new, IBM-S-IOOO
Do
Do
Do
F«ndlUK
New
ronp.
otr,
r<Mi]i. off,
non-fnodabla, 1888.
J.AJ,
A.AO,
6a, new scrlaa. 1914.
Vlrg1i)l»-6a,oUI..
act, IHUO-IBOO.
Do
1868-1898.
bonds, l.AJ., '93.8
Do
6a, new, I860....
6a, new, 1867....
6a, oonaoL boada
6a, ex-matured eoopon..
Ss, ronso!., 3d series ....
A.40
RR
Clukthani
Bpeolal tax, class I, '080
class 2...
Do
Do
class 3...
Consol. 4s, IBIO
6s,doferTed
Dtstrtct of
Ohio—
6s, CODIIOD,
1893-99
rnudlog
Do
Do
119
..
C'olumbU—
8-6ts,l»34
Smalt bonds
Beglstared
lU
1886
6s,
Rhode Island—
es,
6a, la«i,189S
6S
64
8KCCBITIX8.
Atk.
SmaU
^ loMi,1891
lou. iMa
K
7«,conw>l., 1814..
7B,giiukU
BI4.
N. Csrollii>-6«, old, J.AJ.
"? or 1888..
86^
84 <«
110
IIMMI
SECURITIES.
A(k.
6»,oM, A.*0
No. CaroIlD* RR., J.«J.
tU»6
Sx.
Bid.
SI".
In R. 100(1....
to 5, Muall
0UmI',4k.
HKCUIUTIKS.
Bid.
BONUS.
8a.
1899
amall .
registered
.
RAILROAD BONDH AND HIHCKIiLANEOUH SECVRITIKH.
K.r.Va.*ua.-lsl78,l900
Railroad Ilonds.
(.sin.'.
I-:i
At.
^t, Bit.
Jinii.i.'
BOMt. H.
Bur.
(
.
l.«t.ti.<,
.t
..t
I'.
Kii.-
60
E.— iHl niort..
No.— l»t,5s 981% 98(>t
120
.VS.gl
L.— Ist.Vs.lJll
1.1
<'li:it.
1
ti^..
Wemt.-l9t,7i
N.-l»t,8a
2.1
.S.l
liuvtt-l8t, 7(1. 'SIO
.'1. vt Aiifr.— lBt,7s
A O.— I'ur. nryffl.
!. ior!o» A, l508
I', lut. del.
B-
.1.
M
del
1121.J
101
I'.tll
Cbl.
llK
Kv.
7.H,
5»,
102S 103
18S3
1-23
i'2'6'
115
130
N,
Registered 68, 1921
N. O. Pac,— l8t68,g„19'.'0
A T. H.— lat cona.. (!»
Norf,AW,— (J,l,m.,Ca,1931
U23
'os'
125 >«
92
Marq.— M.fl8,1921 109
Har.AS.Ant'o— l8t,68 103
S.I luiirt., 7»,
1905
O. IlavW. A.St.
J106
....
P.— l8t,
UitU Col. A S. Fe-78, 1009
Uan..A8t. Joa.—8a, cout.
ComoUriatedOs, 1011...
Houston A Texas Cent.lat mort., 1. gr., 78
lat mort.. West. Dlv., 78
Ohio A Miss,— Couaol,
a, 1,
Consolidated 78, 1898.
2d
.
121
120 k)
consolidttteil, 7a,I>)ll
lat m., SprinKrtelil Div..
Ohio Cent.— lat,
t9S
86 "4
103
101
104
tia,
Tol.
loan,
118>s
liSHi
1211s
121
tl09
103
60
ConaoL. conv,, 7a,1907
Ot Weat- l8t78.'88.
'2d mort. 78. 1893...
109
St
107'
Panama— S.F. 8nb.G8,1897
t
A
T,-lst78, 1890.
ioi'
lll.AS.I.-l8t78,18«2
IlaiL.t Naples— lat, 7a
St I,. K.C..tN.-R,0,,78
Om,DiT.— Islmort, 78 109
Clarluda Br.—Oa, 1919
85
OregouACal.— l8t,«8, 1 9'2
89
Kquipm't bond 8,78, '83
Q.
95:9
1920
Ist MIn'l Dlv,— Cs, 19-21
Ohio So,— lat M„ 6.1. 1 921
AW.— lstext,78
lat.St I.. Dlv„7s,1889
2d mort.ext, 78, '93,,
90
68, lO'-'O.
l8tm.,'rcr'rrr..
104
109
87
Wabash -Mort. 78 of '09
103
97 Hi
85
:oo
no
Ind'polla Dlv,-6s, 1931,
Detroit Dlv. -6s, 1921..
uali-o Div.— 58.1931, ...
latin,, 6a, 190,1
m,, 68
Pac,— C(,l.gr.,l8tcon.68
85
Mar, Dlv,—6s, 1910
ToLP,AW.-lst, 7s,1917
Iowa liiv,-68, 1931
II514 116
N,
N.Y,Pa.AO,-l»r.rn.09.'95 ;oe
61
N,Y',C,A N,-Oeil,,6a,1910
N,Y,A New KnK,-l8t,78
Nevada Cent— lat
DIT.-6S, 1910,.,..
C'hlc,
'133
.
108
Fl'l.tP.
Oiil
i'l4"
Jui..'!
I,«. >t .Mo.
•Jil niort.. 7it. IKOll
61. I. J»>k.itC'li.-l»tm
(ixt'il
2il,
125'
11— Isl m..
-13
.(is, 1003..
itKO— Istm.
iDi m.. guar.
-
.
blul,
mort..
mort..
t
l8t. consol., fd. pp., 78. t
consol., M. cp., 5h
liuf. AS.\V.-M.' a,1908
103'
97
tl26
1019. 103
lluir.N.V.AE.-lBt.l91G
N.Y. !.,.£.* W,.-Now2.1,«
76 '« 77
44 >4 49
...
90
92 'a 931.
7s. rp
1st mort. 78, reg., 1900
Y. Elev'd- lat, 78. 1906
iii..i't..oxteutte(l.
lst,colwoJ..Bolil.7s.l920
Long Dock bonila.Ta. '93
111
106'
I.si
W.St L. A P.—ConUnaed-
Cent—Contlnneil-
Caaada so.— Ist, Int gu
Harlem— lat m„
F..dob.c.68
4tli mort., ort'd. 5s, 1920
51I1 mort..ext..7». 1H.88.
ibs"
Iii.F.it
H:il
^.
,6», 19'20
i.itfS'y.-Os...
1
Mhili .VMt.
Cent
"^
N. y.
73
90
•
JOS'*
1910
Prk.Br.
ll.i*
.1.
'
97
4>%1|I'J0
.\\
72'2
1930
l>lvi«iomil.'S».
1.88,1918
.\!;i
tlU
latvons.5s
;ViCM.)
f.i.l...ii.|,-
Chas. Br.-lat
105
68
104
OS's
104
106
100
li?'»
105
iffi"
I
V
ti
83
100
113
107
Os.,
No, Mlasourl- 1st 78. 119
WeatU. Tel.— 1900, coup. nek,
i'lS'
Peona Dec. A Ev.— let Gs 103 ki 105
102
1900. reg
Kvana. Div.lat, 68, 1920
i'1'4'
Pac, URa,-C,Pac,— G„68
114>s ."CW. relegranh-78. 1904
lal.Kuar. (364). 7s, '94
lllij ll"?
Spring Var. W. W.-lat 6s
San Joaquin Branch, 108 112
Jilii.. (:<6UI.7s, 1898..
103 k,
Oregon UR.ANav.— l8t,6s i(M'>i
106
107»<
Cal,A Oregon— lat in.
ill, K liar. (llW),7s,'9a
103
111
1 St mort., Waco A N„ 78
State Aid bond8,78,'81
INCOME BONDS.
Mia*. It. II''-- -'"' 't.et
112
.'88 103 H:
Land grant bonds, 6a 106 107
'J.t. couaol., main line, 8b
IntertM nayabU if earned.)
C.B.AQ.
125 <9 125
West. Pac— Bonds, 6a no 111
Ala. Cent— Inc. es,1918.
'>:t
2.1. WiicoA N. 8a. 1915
Cousol
97
101
n|
noa
li.ii. mort.. (!8, 1921..
So. Pac of Cal.— Ist. 68. 104^ 104 Hi ,\tl. A Pac— Inc., 1910,, «30
6s,ahik)i
llS-a Central of N, J.-1908....
as 107
Il.iii.a.K.AW.Tex.— l8t.
Union Pacitlc— Ist mort.
Jow» lilv.- s.i-.,i.A,i'jl9
Land granta. 78, '87-9.
ChlcSt.I..AN.O.— '211,1907 '5'6'4
lowii I)1v.-1S.K..4h,I919
111.1 ilit.—Ullb.A 8. C.,lst
18
128
Sinking funda, 88, '93
Col,Chlc,AI,C,-Inc78,'90
Iiiib. A S. C'.,2rt Dlv., 7s
C. U.I..t l".-6(i,coni).,1917 tl26
Reifiatcrcil 83, 1893
Cent,Ia.— Conp,deb,cert8.
Cwl. F. A Minn.-lstin.
6s, l«17.refcl9t(Mca.
106 1* C'hic,StP,AM,-I,,g,lnu,Ga
Collatei-al trtist, 68.
Iiul.Bl.&\V.-l.at.iirof..7.* <119
K<M>.,t Iiiw M.— l»t,g.,58 ioi' i'o's'
1st mort,, 3.4.5.ft8, 1909
89
Xana, Pac— 1st. 68,'U5 H08
Chic, .11 K, 111,-Inc. 1907
Central ot.N'.J.-l«tiii.,'90
109 109^ Dea M A Ft, D.— l8t I nc„6s
113
72
1st m.. 6s, 1896
Ist coiiMi].. a.-..seiitcil, '99
mort., 3 4 508, 1009.
108
103 k)
ii4
"o'o'
Den,Dlv.,68,a88'd,'99 107
;.T,V«,A<i
Inc, 68,1931
Conv..«»siiitcil, 190'J..
Indianap.D A8pr.— 2st,78 103
103^
»•78
Ellz.(',ANo,-2dInc,lfl70
Ist cons,, 68, 1919... 100', 101
AilJiisliiH'iit. "s, 190S..
2d, 58. 1911
Q' BavW,AStP,-2d.Inc,
20
105^ 108 'a Int.40t.No.-l8t,68 gold liOih
Cent, Br, U, Pac— lat.es
I.oli..v\v 1!. -I'on.g'il.as
98
8»"8 86
Ind.Bl.AWest-Inc.lOlO
Coupon, 1)8, 1009
Funded coupa,. 73. '9,'),
Am I' k Alm.-rm, 1921
96 k; Ind a Dcc.ASpr'd— 2d inc.
60
Keiifky Ccn.— M..G9.I9II
Atch,C,AP, -lst.69,1905
C M ,v -t. P.— lot.8ii,P.D. tisi 133
96
.',; II.
At Jew, Co, AW,— Ist.Ga
Truat Co. c*rtlflcate8...
Ijikt! Shore A Midi. S.—
7 tMO. P. I>.. 1898 116
107
Mich. 80. A N.I. s.fd. 7a 108 19
Utah So.— Oen.,7a, 1909 i
Int A ti t. North.— 2<l luc.
latin. ,7«.$K.,U.|)., 1902 124
116
107 >a
80
106
Ci.'vc. ATol.-slnk.trt.
Extenan. 1st. 7a, 1900
2d asacntoil. 63. 1909...,
l»tm.. l.aC. niv..l8«3.
116
112
Lehlgli A w,B,Coal—1888
Now bonds, 78, lft86.
Mo, Pac— Ist consol.. 63 i'o'2'
lot ni., I. i -M., 1x117. ..
in "ake K, AW,-Iuc 78, '99
114
Clove. P. A A8b.-78...
3d mortgage, 7s. 1906.
Istni., I. .t I)., 1.S99 ... ni7
Sanil'ky Dlv.— Inc. 1920 HO
PaclHo of Mo.— Ist 68 .. 106
l»tm., C. A M.,1803.... 118
lluir. A Krie-Newbds ni9
117
111'4
3dmort, 7s, 1891
I.af,Bl,AMun.— Inc78,'09
Con«ol. 7h, 1905,
RulT. A Htate T.ine- 78.
108
102 >a
St L. A S. K,-2d, 68, Cl, A
Mil, h. W, A W.— Incomea,
Kal. A \V, Pigt0L-l8t
ad uiuK.. s, 1884
88
3-68, class C, 1906
Mob,A o.— Ist pref.deben. 85
Det,M,AT,-Ist,78.1906
l8t, 78, I. A 1). Kxt..l908 116
87 ><
61
3-68, Class B, 1906
2d pref, debentures
8. W. Dlv., l8t. lis, 1909. 103>s
Ijtke 8liorfr-Ulr, bonds tl21
94
90
28
t
3il pref. detientares
Consol,, coup., Ist., 73
Ist 68, Peiice C, A O.
1st, 6a, I.s..ft Dnv., 1010.
103 >a
128
4th pref. delieaturcs
lats. Mlmi.Uiv..«H,1910 103
Kqulpment. 7s, 1895,, tlOO
Consol., reg., Ist. 78.
123
N,y,LakeE,AW,— Inc6a.
l»t 111.. II. A I)., 18, 1910 113
Consol., coup., 2d, 78,
So, Pacilicof Afo,- Istra 103 k) .03
41
Cli.v rac. I)lv..68, 1910 106 «B 107
123
lstlno.ac.6-7
Tex, A Pac— l.at.68,1905 105
Couaol., reg., 2d, is
97' N.Y,P,AO.—
33'-«
91
123
Ohio Cent— Income. 1920
IbK liU-.& P.\V...'-,8,19'21
rxiiil8v,.A N.— Coue,78,'98
Consol., 6s, 1905
Mln'l Dlv.-Inc 78,1921
Mlli'l I't. I)lv..5s, 1910
2il mort., 7b, gold, 1883.
103 >3
Income A I'd gr,, reg. '62^4 63
80
l8tRloa.Dlv.,68,1030 •79
Ohio So,—2d Inc, 68,1921 "•ii"
ceciliaii Br'cli-79, 1907
C.A N.wii.tt.-a.t, 7», llWa 104
105
Ir.t.ri'st Iionil.s, 7«. 1883 104
95
Peuuaylvauia HR—
Ogdensb, A L.C,— Inc 1920
N.<).AMob.-l8t,68,1930
96
('
131
133
.'Ta.lOl.'i..
95
Pa. (Jo's guar. 4k)8 Ist c
Peoria D, A Kv,— Incomes
K. lI.AN.-l8t,U9,1919
,,„,
98ki
1«7 V
>.Evauav, Dlv.— Ino.,19-20 t.'.'.'.'.'.
i.Hs,7B,'85}ip5
Oen'l mort., Ca, 1930
95\ 96
Registered, 1021
»1U7
101
Roch. A Pltt8,-Inc. 1021
1
886
Penaacola Div— 68,1920
Pltt,C,AHt,L„-l8tc,7<
123
"ii"
105
8.Caro,R'v,— Inc,68,1931
1902
.St. L. Ulv.-lst, 08, 1921
i'o's'
1st reg, 78, 1900
5.-.
123 Hi
It
1903
2d. 7s, 1913
St Louis I, Mt A Su
2d mort,, 3s, 1980....
t50
lst7s,pret. int accnm. i
09, 1929.. in
Naaliv. A Dec— lat, 78
115 123
Pltts.Ft. W.A Ch.— l8t m 136 ki 137 "a
J-:
111 113
reg
K.A N.Als S.f.,68,1910
103
3d, 6b, int. acc'miilatlve
2d mort., 78,1912.,,. 132 13 133
133
100
131
.-^uikii
Iiiuil. 5s, 1929..
Sfgl A K'y-Ser. B.,luo.'04
I..>l>aii'n-Knox.— 68,1931 io'i'i*
3d mort 78, 1912
127
Mukiiii; fiiml, reg
noo
Plain Ini:oine68, 1896..
L'iav.Clu.A I,.-6a, H)31
Clev,APlttsb,— Con8,,s,f
lonii Miai'ml— latm.,8s 120
il'6' 113
Sterling Mtu. R'ylnc,.'95
I. Kne A W.-lat, «8,1919
4th mort,, Os, 1892
l'.J0
i'l-iilii.sulih— lat m., (»}nT.
"so"
StI.,.A.AT.U.-Ulv, b'nda
Saii.lnaVv Div., 08,1919.
Col. Ch.A I,
lat oons 125
ClUcagoA Mil.— 1st m.. 117
To),Del,A B.-Inc6^19l0 taa
I.at Ill.A.Sl.-l8t,6s,1919 102
103
2d con,, 78, 1909,
no ll...iilav.,\.An).AC.— I8t,68 101 102 >.
118
\Vllj..iiii A St. P.— 1st m.
Dayton Di v.-6s, 1910,
Ist, Tr't Co, ct(s„ ass'd t
120
2.1 iii.irt., 78, 1907
Tex.AStL.— L.g.,lnc,1020
JIaiiliat.li'cli Cu. -78,1899
2d, Tr't Co, clfs,, ass'd
tS6
Mil .V .M»tl.-lst,6s,10O5 105
N.Y.AM.B'li-lat.78'97
lat, Tr't Co.ctf8,,8uppl.
Cl'.l ..«: Iml'8-l8t,78,8.I. tl'24
Marietta A Cin.— lat, 78
StL.V.AT.U.— l8t,g,,7s
MiscellaneonB List.
124
C'oiiHoi. uiort., 7s, 1914..
lat mort., sterling
2d mort, 78, 1898
(Brolwr's Quotitloni.)
C 8t.L.AN.O."Ten.llen,7s
Metropllfu Kl.-l8t,1908 100 >« lOOati
2d m.,raar.. 7b, 1898.
39 >i
180
k)
•2.1 mort.. 68, 1899
85
1st m., con., 78, 1897
Va. Statft- New 10-408
90
Plta,B'd.<JtB,-l8t68,19I
1
too
97 » 99
86
Atl. * OuU—Consol.7B,'g7 tl06
<J. St. P.M.* O.-Cona., 6s
Mirli.Cont.-Con.,7e, 1002 126
Rome W.AOg,—Con,, 1st
107 >«
C.Nt.I'.AM.-lst,0s,1918 till
100
Atl.A Charlotte— 1st, la.
iBtmort., 88,1882, s.t.
104 (^
Trust Co, oertlltcates.
^,, w iMC.-lst,6s,1930.
Income, 6s
Kqnlpm'nt lioods, 8s,'83
Roch.A Pltt-lst.68.1921
70
l-t r .l-s.c.-lat, 68,1919
113
86
Stock
68, 1909
Rich. A All'g.-lstTs, 1920
103
99 ig Car. Central-lst 6a, 1933 90
C'hK- .k K.Ill.— lst,al.,onr.
Coupon, 6s, 1931
106 V, RIcb.ADanv,—Cons,g,, 68,
......
113
Consol.
7a,
C0I.A liroon.— l8t,6s,1916
Oa.—
m.,
Cent
Registered, 6s, 1931
Atl. ACb.— lst,p..78,189T
98
98
114
2il, 6», 1926
;89
Stock
Jack. LaiLA S—es, 1891
Inc,1900
Del. L.AW.-7S, conT.'92
102
Chic.StL.AN.O-5 8,1961
MII.ANo.-lst,4.6-es,1910
Scioto Val.— 1st cons,, 78.
l8t,6s
Mort. 7a, 1907
L.AC,—
»J27
(»D.IIld.St
114^
Mil, I.,.S.AW.-lst68,1921
St Lonis A I. Mount— Ist 114
Srr.Blng.AN.Y.- lst,7s
125
OalT.H.A HoD.-7s,g.,'71 76
Minu.ASt. I,. -Ist 78,1927 114
108 <^ 107
3d mort, 7a, 1897
107
If oms* Essex— 1st m
133 >« 134
Iowa Ki.— lat, 78, 1909. 111
OeonrU Railroad- s
Arkansas Br.— lat mort. 107
103
Sdmort., 1891.
116 >«
iOT^
6a
2d mort ,78,1891 ....
Cairo A Fnltou— Istm.. ilOO's
100
76
Bonila, 7a, 1900
107 >i Kansas A Neb,-l8tmort
H'tliw.Ex.-l.st, 78,1010 ib's"
Cairo Ark. A r.-lstm.
30
7so( 1871. 1901
2dmort
tllS
l'»c. El,— iHt. (is, 1921.
79
Oen.cr'yA Ijc.Sa, I9;il
98
116
mort..
l6t
1st m.,coiiaoI., guar.,7s 121
Island121 ii Mo, K, A T,— Uon„con,, 6a
StUAltou A T. II. -Istm, 117
Long
76>4 78
D*l.A}I.C.-l8tm.Js,1884 105 -a 106
Memph.AChar.— l8t.oana 106
OD8., assented, 19046. :oiia 103
3d mort., nref., 78, 1894.
IDS
1st mort., 7a, I8OI
115
103
Ist, couaol., Tenn. lien.
2d mort.. Income, 1911..
3d mort.. income, 7s, '94
60
60 >9
l8tniort.,ext..7B, 1891
116
U. A Cent. Mo,— lst,'90.
BeUevilleAH.III.-lstm. 1133
N. O. A JackBon— 1st 88. 109
lat niort., coup., 78, '94. S116
Certlftcate, 2d mort, 8s. 116
Mobile A O.— New m,, 68
StP.Minn.t Man.-l8t,78 108'4 109 ki
ii's"
lat mort., reg., 7b, '94... 110
118
N.Y.AO'nw'd L.— lst,7a,ii 30
CoUat. Trust, 6s, 1802.
•2d mort.. 6s, 1909
106\
lat, Pa.mv. cp.,7'8,1917 120
2d mort
Morgan's La,,kTe.x,lst,68
Dakota Elt-6.1, 1910
i'o'6'>«
Beg., 7s, 1917
NorUieast.S.C— 1st m.,8s iao'
120
St P. A Dul.-lBt5s,1631 tioo
NaaE,Cbat.A8t.I,-lat,78 113(>s 114
130
Alb. A )3n8(].— lat m., 78 113
2d mort, 8s
9d,6s, 1901
SO. Car-a R'jr— lst,6s,1920
99^ 100
7»
ad mort., 78, 1885
St Joseph A Pto.— lat
108
89
N. -i. Central-es. 1883
2d,6s,19'il
203
103 >9
37
lat,can8.,Kuar.78,1906
'id mort
6s, 1887
Tez.Cen,-lBt,8.(.,7s, 1900
108 >3
Bens. A Mar.— 1st. coup. iVi"
St Joa. A Weafn-Stock. 10
00
68, real estate, 1883....
Tol. Del, A Bur,-Maln. 8s
75
St
U-lat,
6a,1910
1st molt, reg., 1921
Tex.
A
i.«
i,,o
6s, subscription, 1883.
102»4
1st, Dayt. DlT„ 6a, 1910
DtOT.AKloUr.— I8t,1900 113 114
Western, N. C.— lat, 78... 104
N. Y. C. A H,— 1st nl.,cp, 132 k,
IstTer-l trust 6s, 1910
lat.conaol., 78, 2910
Wls.Cent— lataartaa, saw 76
lofli-j
lat mort, reg,, 1903 .. 133 >« 184
60
Vr«rMI.I,-M,lnc,S8,1937
45
DenT.8o.P.A P.g- 28t,7s lOi 1101
'2d series, new
Hulls. R.— 78. 3d. 8. t.,'85 110
»83
111S» W.St J.. A P,-<ieu,
trnoMaoiiiiiua.
I And accruod Intanac.
t Mo prloa Frldar—thaae are latest taauUoos loade this week, j
U15
91"
'.!il
W
.
38%
101
'W
76
'93
ss%
30
66
:::-:
61
.
65
65
.
.
W
67"
1
I
V
.
80
41
1
98
;
I
..
.
....••
I
C—
1
,
,
,
•a"
40
110
109
98
73
96
116
118
103
78
80
1
.
85
28
.
.
m
>!i
,
.
.
i
113
120
40
11
85
M
15
83
107
78
46
.....
...
4
...
:
THE CHRONICLE.
286
Railroad Earaings.—The lafce.st railroad earniugs and the
totals from January 1 to latest date are given below. The
statement Inclades the gross earnings of all railroads from
which returns nan be obtained. The colnmns und=)r the heading " January 1 to latest dit>?" furaiah thj grjn eiraings from
January 1 to, aai insluiiag, thi pstiod maatioaei ia the
seoond column:
.
. .
30.832
53. UO
41,061
Bur.C.Kaii.A Nu. .4tli wk Feb
9.457
6,259
Cairo <St Ht. I,outs.3d wk Feb.
23,391
22,853
Cent.Br.Un. Fac.4thwkFcb
Oenu-ai Pacinc.Febrnary ..1,792,000 1,434,218
162,540
January... 210,455
Ches.&Ohto
Chicago & Alton .4tliwkFeb 103,315 109,171
27.693
29.306
Chic. & Jiast. I11..4tliwkFeb
20.023
36,748
OUc&O.Trk.Wk.end.Mar. 1
142,614
Chlo. Mll.ASt. IMtliwkFeb 313.000
293,453
OI:lo. & Nortliw..4thwkFeb 36'^,03.^
340,220
Chic. St.I>.& N.O.January... 272,600
97.536
.55.922
Chl.8t.P.M!ni.'^0..1atTCk Mar
83.000
Ohlc.& W. Mien. -January... lOli.OOO
192,660
Cin. Ham. & I.>ay..Ianuary. .. 208,376
171,611
Cin. lud.St. L.& C.February .. 186,879
13,'<,310
Cincinnati South. February .. 174,177
8.789
8.995
CleT.Akron<S:Col.4thwk Feb
3<ii,110
43,144
Col.H<ick.\'.&. T. .4thwk Feb
92,359
Denver & Ki" Qr.lBt wk Mar 107.483
6,656
6,206
De8M.&Ft.l)()(U'e.3il wk Feb.
Det. Ijan8.& No.. February .. 115.436
73,2J7
17,919
12,355
Dabuque&S.Cily.lthwk Feb
224,623 198,583
January.
Eastern
BwtTeun.V. diQ.3 wks Jan. 167,642 177,580
36.122
31.399
£ar,&No. Aincr. J.incary
50.774
45.222
Eyansv. & T. JI February ..
39.672
30.671
I11UI.& Peie Mar. 4th wk Feb
86.947
91,313
Gr't Western. Wk. eudFeb.24
39,415
30,717
Hannibal* St. Jo 4th wk Feb
Hou8t.E.& W.Tex. January
18,286
9,043
minds Ceu. (III. ). February 535.145 443.679
Do
(Iowa). February .. 154.242
80,820
•Indiana HI. At W.February .. 175,755 165.326
60.415
57,243
Int.&Gt. North. .4th wk Feb
January...
87.307
Iowa Central
66,160
93,426
54.790
K.C. Ft. S.&diilf.S wksFeb.
Iake£rle& We8t.4thwk Feb 20,882
26.834
21,430
Iiong Island
4 th wk Feb
17.159
I«iU8V. <te Nasliv. February .. 960.036 805,124
IiOnlsv.N.A.Ai Ch.January...
72.511
54,136
Maine Central. ..January... 139,512 121,386
Hemp. <» Chan ... 2d wk Fob. 28.134
27,937
Hencp. Pad. & No. 4th wk Jan
4.213
5.947
MILL. Bh.St, West. 1st wk Mar
16.270
1,281
Minn. <& St. Louis. February .. 111,906
38,297
Mo. Kane. AiTex.lthwk Feb 136.889
97,763
Missouri Paiiflo -4th wk Feb 129.275
125,691
Mobile & Oliio
February .. 158,154 216.707
Kashv.Ch.ctSt.L. January... 15G.994 178.143
H. London North. Januajy.
36,261
W. Y. <fe N. Enitl'd.Sd wk Feb.
65,617
49.638
Norfolk & We.st.. .January. .. 1G8.572 161,917
Horthern Central. January. .. 407,368 380,156
Northern Pacillc February .. 269,000
78.803
Ohio Central
February..
51,607
39,618
ObioSoutUein
February ..
23,451
Oreg'nK. Nav.(;o.Janu.iry... 392.500 isi'ssi
Pad. &Elizabetht.4th wk Jaa
8.812
13,810
Pennsylvania
Januiiiy.. .3,373,321 3,189,215
PeoriaDec. <fe ET.3d wkPeb.
12,207
9,313
Phlladel. & Erie.. January... 232,727
221,303
Plilla.& Rea«linc. January. ..1,.303,073 1.319,132
do Coal & Ir. January... 918.391 831,246
'
"^ U41,374
Kioh.ife Dauv ...3 WksFeb. 1 176.400
Bt.L.Alt.&T.H. ..4thwkFeb
31.745
25,506
Do
(brch.'!).4thwk Feb
10,170
15,068
8t. L. Iron Mt.& 8.4th wk Feb 142,106
140,197
Bt.L. <fe8.in Fran.lthwk Feb
5i 1,606
61,190
8t,P.Mlnn.it.\Ian.l8twk Mar 123,000
35.500
Bcioto Valley
4thwk Feb
8,136
6,880
Bouth Caroliuiu ..J.anuary..
125,467 107,328
Texas & Pacltlc 4th wk Feb
70,913
75.814
Tol. Delu. & Buri.lth wk Feb
14,656
9,682
Vnlon Pacitio
P'ebruary ..1,759,863 l,374i740
Wab. St. L. it Pac. February ..1,131,768 818.922
Wast Jersey
January...
53,447
48,549
Wl«!0BSiuCent..l8twk Feb
28.153
15,411
Biiff.Pitl».t!t^Vt;''t. Jaimaiy.
53,084
.
$60,375
20.438
123.023
53,084
39,832
478.453
292,239
54.374
60,303
129,507
113,589
3,578,000 3,057.125
210.455
162,510
1,109,927
973.438
274,212
242,575
$")8.508
2,812,606
3,092,281
272,600
65,021
378.339
1,012381
34,999
223,643
190,142
224.625
167,642
36,122
. .
.
6'a676
330,670
717,515
37,560
153,09123,449
198,583
177.580
31,399
.
.
. .
..
.
—
.
310,220
472.301
83,000
192.660
353,969
710,134
106,000
208,376
405,478
.
.
1,673.564
2.203,872
.
329,258
721,787
293,001
18.286
1,115,873
301,685
371.579
399,330
87,307
233,426
227,467
231,469
233.262
727,021
277,273
9.043
953,132
200,618
330.976
391,967
66,169
173,790
193,664
204.519
1,910.101
72.511
1,622,081
51,136
139.512
158,590
13.934
147.516
233.332
794.837
121,386
167,472
18,897
70,692
88.700
068,074
781,091
441.113
178,143
1.021,718
319,587
156.994
36,261
388,248
168.372
407.368
508,800
142,461
57,501
392,300
38.667
3,373,321
112,418
252,727
331.227
161.917
386.136
195,311
81,926
isi'.ssi
42,402
3.189,215
67,660
224.303
1,-303,075 1,319,132
918,391
834,216
466,028
394,304
198.746
206.403
119,860
133,334
1,017,497 1,131,716
301,438
390.669
936.819
449,169
68,200
43,677
125,467
107,328
366,429
511,937
144,116
85,578
3,720,951 2,714.539
2,381.733 l,63i),539
53,147
48,349
159,111
104,993
Banks.—The
City
Loams and
•
U.
Sttb-Treasary.— The following table shows the receipts
and payments at the Sab-Treasury it, this city, as well
as the
balances in the same, for inch aay of th-i past week:
8.
Manhattan Co...
Merchants
America
City
2,000,000
2,050,OOC
2,000,00c
2.000,00c
1,290,000
3,000.000
10.35S.nOO
7.123.000
1,000,00(1
3.11S.00C
I.KJK.BOO
2.789.500
S.jIO.OOt
4.731.000
8.28.'*.500
1,000,000
l.OOO.OOC
600.000
rrudeamen's
Fulton
1,000,000
1,000,000
Butchers'&D-ov.
S)OO,OO0
l.i<61.500
200.000
200.000
aoo.oco
300.000
800.000
6,000.000
5,000,000
1,000,000
1,000,000
Leather Man'f rs
State of N. York.
American Exch
.
Commerce
Broadway
Paciflc
Nassau
Corn Exchange.
Continental
Oriental
665.11110
15.iiU4.8O0
2.079,«iXI
5.898,600
8Si.300
987,500
385.200
108.590
440,800
139,200
Importers'
it
Tr..
First National..
Third National
.
N. y. Nat. Bxch..
Bowery National
N. York County..
Qerm'nAmeric'n
Chase National..
Fifth Avenue....
German Exch.
..
Germania
U.S.Nat.
Balances.
Payments.
Coin.
$
Meh.
4.
6.
7.
8.
9.
10.
Sated..
776.349 10
894.580 19
1,392.138 50
^00,321 87
709.685 11
10,927,576 53
1,016,092 38
4.203 318 63
I,8e7,119 3ii
2.663,101 37
1,616.2.39 36
12,034,869 07
Currency.
$
84,445,001
81,235,883
80,718,672
78,844,416
77,907.066
76,932,910
2.
33
91
03
61
99
$
4,169,889
4,330.239
4,392,439
4,403,016
4,431,371
4,301,234
91
63
25
61
80
30
13,500,631 62 23,431,120 73
Coins.—The foUowing are quotations
Sarertlgna
$4 81 af4 87
apolsons
•a>
3 87
Z Z Relohmarks. 34 83
74 a 4 78
XOnllders
390 a 3 »7
8Dan'IiDoabloon8.15 60 •a 13 90
Max. Doubloons ..15 30 ®15 65
Vine all ver bars
1 14
a 1 1413
.
.
^i!^^^]^^^I?"
I>u>.c«& >s dimes.
—
„ '4<»39"prem'
go's a par
in
gold for various coins:
— 99\n par
-93 ® - 95
— 88133 — 89io
Do uucommerc'l. — 87 » _ SB
English silver.... 4 75 a 4 80
Prus. silv. thalers. — 68 ® — 70
U. 8. trade dollars- 9914s - ega.
U.
Silver Hs and
Five francs
Mexican dollars..
I33.
8.
sUyerdollars— 99'8a
par
2,85,300
490,200
681.600
98.000
286,000
860,880
1.486,60(1
2.3i7..80C
7.^^0.3011
3.2o3,iJOO
2.860.9(K'
1>,817,»0C
1.440..-JOO
3.2..1.700
4.6a2.O0C
6.38\2r>ii
2.0J7.2(Kj
3.393.0,Kl
180.1100
«6,il00
19.CS3.200
1 7.^71.200
1,202.500
1.045,100
1.145.100
17.295.7oe
8.371.000
S.6OO.O0O
1105.900
788.500
431,200
2,250,000
2i)7.706
3,900
450,000
416,000
160,000
1,600
763,300
45,0(i6
l.llD.SM
20.324.20C
939.400
1.081,900
929.20C
16.401.300
7.609.000
3.835.O0O
5.721.900
16.974.000
5,815,700
135.1100
547,500
1.18O.U0O
280.000
398.000
««1,830
3,510.00c
1,025,700
8. '.09.800
15.024.800
5,633.700
1,428,800
1,125,300
45,000
5,40a
4,041.01)0
20,98.'.100
1,324,200
81,700
1 28.400
363.0,10
568.1100
939.400
8»7.800
799,300
3.914.000
3.2»4.O00
5,952.500
1.812,800
395.100
169.000
131.700
839,000
5.431.400
8,341,100
103,600
22.400
71.800
3.508.800
30.0110
•45,000
2,668,'300
'3,373,700
1,712,'JOC
85.900
98.500
lao.ooo
1 01 .000
1,147,300
30,800
731,766
788.800
249.808
174.000
2.60«
467.100
2.362.800
1. 448.700
1,096.000
!,002,«OC
2.234,800
932.400
8.310.300
10.112.000
U,SOJ,500
4,330,200
5.815.900
2.484.100
3,088..'; 00
3.391.700
1.608.^00
2.273.790
7.568.700
3,023.300
10,237,000
2,117,500
200.100
371.000
240.700
332.200
6^7,000
329,000
79ii.5()«
1.2.37.7O0
13.299.100
1,030.400
527,00(1
3,;l)ll,U00
3,109.110:;
300.000
400.000
1,500,00c
2,000,000
500,000
240,000
250,000
3,200,000
2,000,000
300.000
750.000
500,000
1,000,000
300,000
250,000
200,009
750,000
800,000
100.000
200.000
200,000
600,000
6,924.4(10
121,900
80.800
2,328,000
294,200
158,100
i.iod
267,600
3.H5.O00
240.1100
5.56.100
3.600.000
2.011.900
1
3.9i0.600
5.252,600
18o,20J
.869.000
1
860,0011
7..594.OO0
142,5il(i
180.SOO
2.311,800
5.533,600
3,113.400
1,000,01X1
Park .. .*
Mech. BliK.Ass'n
North River
Bast Hiver
Fourth National.
Central Nat
Second Nation'l.
Ninth National..
19.400
4;i).700
*
495,000
0,718,000
5.510.000
5.370.30C
97O0C
6.158,80(1
450.000
200.000
700,000
1,000,000
500.000
3.000.000
UOO.OOO
1.000.000
500.000
500.000
500,000
1,000,000
Citizens'
315.800
80.400
231.300
1,500.0011
North America.
50) ,600
378,500
579,800
42'.5,70(l
Republic
804.000
27;. 300
3.814,200
13.308.500
4.083,900
i.iia.ioo
1.043.900
1.085,000
1,001,100
2,»23.700
915.700
3.649,400
13,^03.000
300.000
Gallatin Nation'l
1.7.57.900
CiTc-jla.
tion.
other
ttlan U. S.
«
633.000
266.U00
803.100
553.000
53.500
413.700
52.000
362.000
63.000
135.800
314,000
338,000
181,100
53,400
«;8,200
794.800
767.000
oj
Wet Oepfs
Tenders.
1.570,000
915,000
611,400
1,368,000
O.Ml.JOO
268.100
422.8,10
211,3uC
297.000
107,100
122.000
1.145,200
l,73«,10fl
l,5-.'8,»00
10.7.1C
4ti9.9j0
43,000
222.400
808,900
1.270.000
22O.000
586.600
427-700
267.300
225.000
180,000
1,6 .'6.000
2,8 9,200
243.100
48.10
1.890,900
2.134.400
4,"31,10C.
1,234.3,10
193.6)0
5 083,000
01,60«
2,028.1W
427.610
39.700
34.200
1,321,700
133,80'.
2.185.500
1.853.500
1.582.100
4,2j7.000
447.366
1.541.800
1.485,400
3,871,60*
116,700
137,20(1
59,400
81.182,700 320^67r8o" 537270.800 16,770,6011 290,673.800 20 036.200
Total
The
liOans
deviations from returns of previous week are as follows
and discounts
Dec. $J,a57,lOO Net deposits ..
.Dec. $7,116,500
:
|
Dec.
Dec,
Specie
Uexal tenders
2,174,000
Circulation
|
—
Boston Banks. The following are the
banks for a series of weeks past
Loans.
t
(Specie.
152,863,900
153.210.300
152.983.600
7.343,300
1832.
Feb.
6..
18.
"
••
"
Mar.
20.
27..
8..
8,501,000
8,275,700
8,133,600
151.460..5(IO
totals of
the Boscoa
Deposits.* Circulation. Aoo. Clear.
*
$
t
81,207,500
63,097.721
05,551,600
66,819,431
95,409,400
31,356.500
68.8.i7.6:»
94,159,500
31,287.400
69,617,024
92,0811.300
31,203,700
73,806,862
90,859,000
3:, 352,600
L. Tenders.
*
7,'38 1,000
150,280,800
4o,eo»
..Deo.
490,1001
4.877,300
4,373,600
4,168,400
4.:.''4,800
3,904,100
Including the Item " due to other banks,'
*
Philadelphia Banks.— The
totals of the Philadelphia
banks
are as follows:
Loans.
1882.
Feb.
••
•'
-30.
"
27..
Mar. 6
L. Tenders.
Deposits.
Circulation.
19,95;,155
21.500,770
20.711,149
ia.30i.OSB
16,419,451
70.430.214
11.070.RS9
*
76.608.917
78.809.283
77,605.803
6..
13..
78,l,)8,6;i
76,669,457
.
71.841.2(10
10.9.S8.8.35
71.957.7r3
71.122.890
68,317,lo0
10,978.941
11.036.455
11,010,175
Ago. Cletsr
57.093.298
47.192.911
32.658.181
45,8',1,8»0
57.701,641
Unlisted Stocks and Bonds.— The following are the prices
of securities that are not "listed" at the Stock Exchange as
quoted at 38 New Street:
Atlantic & Paciflc inc. 29
Atlantic (ScGt.West.pf.
2io
Boat. H. & E., new st'k
1
DO
old
1
Continental Constr.Co. 63
Ontral Railway Constra;t'nCo.(D. L.W.)
..
.
Den&R.G..W.8ub.ox. 75
Baxiptt.
amowM
Legal
Specie.
discounts.
Am. Cable Constr. Co. *35
Am. Kailway Imp. Co
& Springfield.
following statement shows the
Average
Capital.
Banks.
Bid. Asked.
Including rndianapollg Decatur
t Freight earnings.
*
XX3CIV.
condition of the Associated Banks of New York City for the
week ending at the commencement of business on March 4.
New York
~Jan. 1 lo latest date1881.
1882.
-Latest earnmge repoited.18S1.
Week or Ho. 1883.
?58,508
$G0..575
A1a.6t.. Bontli'irn .T.imi.iry.
23,033
20.138
January
N.Y.Air-L.
BoBt.&
.
New York
[Vol.
Do stock
11
Do bonds
x65
Den. & R.G.unl'd cons
Den V. & N. Orleans
Edison Electric L. Co. 300
Hurt. Riv. Contract Co. 90
Internal. Imp. Co
67
Iron Steamboat stocit . 48
Do
1st raort. bds 86
Ind. Dec. & 8p. com...
6ia
Do n.is..0s,fnnd.l02i2
Ind.B. & W.,Eiv8.D. 1st ....
Ind. Cin.ife Laf. old stk
1^
Lebanon Springs 1st.. 5
Kan. & Neb. Ist mort. 73
Do
2d mort
20
Mid.RR. of N.J. stock. 15
Do
A Imnrts
10
M
Do
bonds
Mexican bde.. Wood
Mex. Nat. bonds
Do
7
stock
47
6
Mo.Kan.ATex.g.mort. 72ia
Mutual Un'n Tel. bds. 60
Do
Do
stock
scrip stk
313
1%
1%
|
Bid. Asked.
National Express
....
106
N.Y. & Scranton Cons. 90
100
lOQig
North Kiver Const. Co. 97
22
N. Y. Ch. &St. L. subs. *15
Do
pref.. 2514
261a
69
Do
com.. 12%
Do Ist. ox J'e,'82,op 76
N.J. Southern
Ik
17
N. J.
& N.Y. com
3
N.Y. a.& W. com. st'ck 7
Ore.iton Imp. Co.lst ex 81
71
OS's
80
350
stock
50
bo
Oreg. Short Lino subs. lOOH
stock
Pens. & Allan tic
Do
bds.. 7419
&
10
Western
941a
Pitts.
69
51
87
PnUmau'd
P.C'ar rghts
Ric.iSt AI.&
O.Cen.subs.
9
i^
50 per cent paid
Rlcti.ifc
Dan.Tcr.r'ts,o, *
Da extcn. stocklOO
Selma Rome <bD. stock
Do
3
1st mort..;
19"
Do
2d M. stamp 2ia
85
Do
2d M., clean 214
lis
Incomes
25
Do
05"
•37
Standard W. Meter
13
St. Jo.
St. Jo.
9
la
.
38
113
31
II2
50
...
& West, stock..
& PaclHo Ist M
Do
2d
Tcx.St.I.,-.RR.sb.,30
Col. Imp
Texas
&
*
Premium.
7714
1%
8
10
83
51ifl
100%
35
76
18i«
—
87
4
135
4
*
3>a
1%
312
10
73
23
15
85
30
pd 70
80
85
M
75 >i U. S. Eloctrio Light Co.
Vicksb. Mor'n com.et'k
67
271a
191s
13
81
...
7
li
1
:
Uauch U,
THE CHRONICLE.
188S.1
Th« iHVMTOBa' SUPPUUIB5T eonUiint a eomplttt »xhittit of the
Dtbt of State* and CUUt and of the Stock* and Hond*
fStn(t6tt
of liailroad* ami other Oompanit*. It in pti'AU/ied on the la»t
Saturday of every otiur month— vi*., February, AprU, Jane,
Augu»t, October and Dtetmbar, <i«i m farnithed without extra
ehanja to all regular tubteribert of tA» Chboniclb. Sinyle eopie*
ar* told at f 3 per copy.
ANNUAL REPORTS.
Pennsflranla Railroad Company.
{For the year ending December 31, 1881.)
The annual report for 1881 shows a farther improvement.
and prewnts the best eihibit yet made by the ccimpany since
tha era of prosperity which begftu in 1879. It will bo observed
that the trunk lines having a large coal traffic Erie and Pennsylvania, for example were enabled to bear the railroad war
of 1881 without showing snch heavy losses, comparatively, as
the other roads. Over and above all expenses for interest,
rentalH, advances, and the $600,000 paid for the purchase of
guaranteed securitiett, the company's net surplus applicable to
dividends was ?8,06i:,982, against ?!7.638,569 fer 1880. The dividends paid amounted to 8 per cent, in 1881, against 7 in 1880,
leaving a balance to profit and lofls from the business of the
year of *2,199.264 in 1881, against $2,817,055 in 1880. To these
amounts should be added the profits in each year from the
settlement of old accounts and sale of secnriti«s, and we have a
total balance to profit and loss for 1881 of 12,550,130, against
—
13,612,875 for 1880.
The preceding remarks pertain to the income account of the
Pennsylvania I&ilroad only, on its lines east of Pittsburg and
Brie. A summary of the total business of 1881 for all lines, east
and west of Pittsburg and Krie, in tonnage, passengers and
earnings, compared with previous years, is shown in the following summary
ALL LIKES EAST OF 1ITT8BURG <t ERIE.
:
1879.
1878.
$.31,636,734
OroBS eamlneg
OperaUDK expeuiies. 18,468,994
"^
....
$;il,<i'.;0,279
::0,382,740
1880.
1881.
$41,260,073 $44,124,182
24,6'25,U48 2U,70»,809
$13,167,740 $14,237,539 $16,635,025 $17,414,373
ALL LINE* OPERATED EAST AND WEST OF PITTSnURO & ERIE.
1879.
1880
1881
Oroaa eaniiugs fromtrAmc
.f(>0,362,573 $70,764,062 $7.5,182,973
Operating expenses
Met earnings
3.".,639,794.
42,179,485
-1880
Number 0/
Totals.
40,243,277
$24,722,780 $28,584,576 $28,939,695
FRKIGIIT TRAFriC.
-1881-
dumber of
Humber of
ton*ottemUe.
ton*
Alt Line*—
t»n*.
one mue
£ut«f Pittsburg
and Krie
27.399,173 3.292,991,330
West of same
22,302,291 2,420,038,735
..
ton*.
one mite.
40,701,464 5,719,030,065 58,520,616 6.604,667 ,lb8
Number of
pateenger:
AU Line*—
Number o/
totit
32,606,261 3,700,811.373
25,914,332 2,903,850,815
PASSENGER TBAFFIC.
-1880rassenger*
one mile.
-1881Pastcngers
one mile,
Number of
pat*enger*.
East or Pittsburg
and Erie
Westofsame
16,575.042
0,663,991
382,787,186 18,985,409
321,783,885 10,701,jD70
446,316,5R5
364,863,113
Totals
26,241,036
704. .571,071
811,181,668
29,886,985
OESEBAL REMABKS.
Under the provisions of the trust created October 9, 1878,
there has been paid therein, to December 31, 1881, the sum of
91.900,000, which, with the income therefrom, has been invested in securities amounting at par to |2,027,950, yielding
an interest of 6 61-100 per cent, per annum upon the investment. The statement of the insurance fund shows assets on
hand at the end of the year of $813,802, being an increase
over the previous year of f 107,521.
The construction of the Broad Street passenger station in
Philadelphia, with the substantial and spacious approach thereto, was so far completed as to permit it to be opened for passenger business on the 5th day of December, 1881. Its cost,
exclusive of alteration of tracks in the West Philadelphia yard,
was, on December 31, 1881
For cotiKtruction
$2,233,507
For real estate
2,038,761
Uaklog a total
"
The
of
.St.
Railroad
8TATR, CITY AND CORl'OBATION FINANCES.
—
287
I.,onlH & Paolflo Hallway Company and the Central'
Company of New Jemey, f>y which your lines betWMB
Red Bank on the Allegheny Valley Railroad, and Milton on
Wabash
Jixucstmjcnts
_^Net earnlnK*
'
$4,272,208
negotiations referred to in the last report for the
acquirement by your company of the control of the terminal
facilities in Phila-lelphia of the International Navigation Co.
at Girard Point and Point Breeie were concluded, and a corporation formed under the name of the Girard Point Storage
Company, in which your company has a controlling interest.
Unfortunately, the large elevator was destroyed by iflre on the
28th of April, 1881, and in consequence of the delay of the
insurance companies in settling the loss, nearly six months
elap.sed before the work of rebuilding could be commenced,
thus interfering very seriously with the export movement of
;rain through this port. and largely increasing theoost thereof,
ftt is expected that this elevator will be rebuilt by July 1st ; the
additional elevator building upon the same property is now
almost ready for business. Their combined capacity will be
over 2,000,000 bushels." • » •
" Your board have also entered into a contract with the
the Philadelphia & KrM Railroad, will ba a*ed by th« Mmpanies named, for the exchange of throagh traffic betweea
their reapeotive lines.
Under this arrangement the Wabtwh
St. Louis & Pacific Railway Company and the Central Railroad
Company of New Jersey are to promote the cuDHtraction of •
road between Red Rank and Yoangstown, and if they avail
themselves of the privileges thns afforded to there, bfith the
Philadelphia & Krie Railroad and the Low Grade Division of
the Allegheny Valley liailroad should be benefitted thereby.
The contract was made in pumaance of the policy which your
management deemed it wise t> establish, that of permitting
the nse of your lines by other companies, even though their
traffic might be to a large extent competitive, and in pnranance
thereof tne Pennsylvania Company have heretofore extended
to the other trunk line systems the nse of yoar western roads, and
notably, in this direction, recently opened, ander satisfactory
arrangements, such portions of their system to New York Lak»
Krie & Western liaUroad Company as it desired to nse for th»
parpose of reaching the large commercial centres of the West.
It is believed that the advantages to be obtained by the cnmmTcial interests of the country and by your company from the
adoption of this broad principle in the management of your
railways will more than compensate for any loss that may occnr
through the diversion of traffic that might be controlled by a
more exclusive policy." • • •
" In pursuance of the authority conferred at the last annualmeeting, there were allotted to the shareholders in May, 1881»
176,051 shares of your capital stock at par. so that the share
capital is now represented by 1,553,455 shares, of a par valaa
of $77,672,750. The shares of capital stock purchased from the
City of Philadelphia, that had not been distributed to the
shareholders, were sold at their market value, and the proceeds
applied to the general purposes of the company. It should not
be forgotten by the shareholders that the premium obtained by
them on this allotment, added to the cash dividends paid during
the year, was equivalent to a total dividend of twelve per cent.
" At the last annual meeting you were advised that yonr
board had concluded a contract for the purchase of not less
than 92,000 shares of the capital stock of the Philadelphia
Wilmington & Baltimore Railroad Company, with the option
on the part of the sellers to deliver the whole issne
Under this contract there were acquired 217,819
thereof.
out of a total issue of 235,901 shares, costing your
company ;fl7,032,879. The funds for this payment were
supplied in part through the allotment of the stock
before alluded to, and in part through the sale of $10,000000 of trust certificates, bearing interest at 4 per cent, per
annum, for the payment of which the faith of your company is
pledged ; they are further secured by a collateral deposit of
200,000 shares of Philadelphia Wilmington & Baltimore Railroad stock, at its par value of fifty dollars per share, with the
Pennsylvania Company for Insurances on Lives and Granting
Annuities, as trustee. The dividends upon this stock, after
providing for the interest upon the then outstanding certificates, are applied as a sinking fund to their purchase and
cancellation whenever they can be obtained at a price not
Should the revenues of the Philadelphia
exceeding par.
Wilmington & Baltimore Railroad Company be as satisfactory
in the future as they have been in the post, the sinking fund
from this source will provide for the redemption of the loan
long before its maturity, without any other contribution from
your revenues, and will therefore result in giving to yonr com
pany this valuable property at a nominal price compared with
Its present value."
EARNINGS, EXPENSES AND INCOME ACCOUNT.
PBNS8TLV.UIIA RAILROAD— MAIM LINK ASD BBANCUES, PITTSBURG lO
PHILADELPHIA.
1881.
1878.
1879.
1880.
Earnings-
,
$
$
*
9
^
15,604,501 17,016,988 20,234,046 21,229,201
GiMuriil freitlits
170,919
285,016
278,.347
194,336
MisoellnneoiisfrelBlits...
Kirst^class passengers.... 3,176,296 3,336.798 4,110.707 4,702,768
320,681
216,403
326,348
172,049
KiiiiCTiint imfscnircrs
442,466
351.812
270,563
300,708
Adams Kx press
3.52,152
371,276
479,187
367.198
Ciiri-yliiK U. 8. mails
67,160
165,031
Miswllaneouspasseugers.
Keuts
:
75,065
151,399
00,742
215,285
106,402
105,460
20,317,139 21,743,628 25,087,657 27,647,009
Total eamtogs
Kxpenst*
—
$
Comliictlug transportat'n. 4.481, t28
Motive power
Maintcnaoce of cars
Maintenance of way
General expensts
2,050.9.->1
1,260.174
1,862,786
36.5,46
$
$
4,751,993
3,235,491
1,425,404
1,971,503
367,167
5.319.345
4,003,728
1,S0.5.747
2,488,729
433,035
$
5,705,010
4,370,383
1.630,520
3,201.215
532,372
10,921,103 11,751,620 14,031,185 15. 468,469
Total expenses
Net earnings from oiKrat.„,„„...»
log main liuo&braiicUis 9,396,036 0.092,007 11,036,171 12,178,640
Add lntcrent from iuvtst„„.. ..mentsdncasli)
1,801,845 2.110,933 2,003,060 3,211,460
Add Interest frimi bniiicli
.«._..„
„„„ «„ .
266,69-.i
213,540
241,461
roadsforuseofcqiiipmt
277,916
Add royalty from M. KK.
-_._.
_. ___
22.083
14,249
&M. Co. on coal mined.
JS-SZ-*
'J. 523
Add
sale of securities.
Ac
Kmpire Line net eamlnus.
Add balance of Int.
Interest, rentals of
S)
6.043
131.777
«1.'^
3g?.295
385,799
Zt-VA
^^^^
49.7aH
11,516,904 12,503,205 13,741,922 IS.OOV.iett
Total
roads,
23,856
acc't
branch
!?!:.... ™....
5,102,439
5,022.736
6,090,437
5. 770.448
Net Income PenD.RU.Div."oi32M64 7,482,49010,051,485 10.131,71S
"On the United Railroads of New Jersey Division the large
increase of gross earnings, withoat a corresponding increase of
—
'
..
THE CHRONICLE.
"288
hope that this property wUl
expenses, affords a reasonable
your company."
be an apparent expense upon
& CANAL COMPANY (INCLUDING BELVIRAILROAD
™^.„
V1.W
TERSEY
•^"^
RAILROAD AND FLEM.NOTON BRANCH).
Sto
S iSwA^
1879.
1878.
$
1880.
1881.
$
$
132.384
34,^78
702,08J
235,064
131.128
35;397
695,959
6,385,410 7,152,711
176,744
132,338
4,101,582 4,531,869
72,039
60,930
303,174
265,093
194,606
136,598
50,645
43,298
541,077
419,430
Q ^i>» •iti
^784 S43
11.544.681 13,022,865
General Jreights.,... .... 3'?f|'??2
Miscellaneous fieiglite....
l'\J'iS?
J.J i^'»"
Flrbt-class iiaseeuKers ....
^30,|lo
passengers ...
EmUraut
^,^?ngU.S.-maiYs
Miscellaneous imssengers.
Delaware & Earitan Canal
4,894,941
106,309
3,645,196
40,846
ToJlTeSgSpensesijggi'llt
^;I^o;iir8:215;208
8,811,2^
Not eam'gs from operat'g. 2,8y5,592
3,283,981
3,329,473
4,211,584
211,239
192,384
210,836
Add
Interest received
casli
—
:
m
296,520
from investments..
Total net income
^t'UfS?er"est,
&lT:
3,192,112
3,495,221
3,521,857
4,422,420
4,328,887
4.435,110
4.557, 166
4,725,285
[Vot.
XXIIV.
CAB TRUST8.
" Through the system of car trusts organized by your company your equipment was further increased during the year
by 1000 stock, 1,600 box and 2,470 long gondola cars; in all,
upon your main line,
5 070 cars, of which 1,570 were placed
2000 upon the the Western lines and 1,500 sub-lea.sed to the
Northern Central Railway Company and Allegheny Valley
Railway Company. Your board deemed it advisable to anticipate the payment of the outstanding certificates of the Empire
*
*
*
Car Trust, amounting to the sum of $1,073,000."
" The Railway Equipment Tnist of Pennsylvania, representing
and bearing interest at
1 000 freight cars, at a cost of $595,000,
s'per cent, per annum, was also extinguished by the payment
" During the year
*
*
•
of the outstanding certificates."
1882 series A and B of the Car Trust of Pennsylvania, amounting originally to |851,923,wiU, in like manner, be extinguished."
_
The 13,784 cars placed on the
—
lines east of Pittsburg
_
$i,n01,9oO
through the system of car trusts represent a cost of
The 5.500 cars west of Pittsburg.
The cars sub-leased to other lines controlled by your
1,967,800
867,250
company
.,Total (20,784 oars)
u""-,;;had been paid up to Dec. 31,
On account of which there certificates1«81, for cancellation of
$11,337,000
302,865
939,889 1.035,308
^EalS-oad?leSfe'^!!.*°lN.136,775
excluding
in
1881,
main
Une
Amount canceled In full payment for 5.714 „„ , ,. ^„
the
operating
The actual cost of
5'3,i**i),OOu
.-•••*
••c&rs
receipts, and including
2,125.000
branches, was 54 37-100 per cent, of its
^ „„
AmouiVpaid on account of 15,070 cars
„^
cost of operating
the
1880
In
cent.
per
95-100
55
branch line.
cent., and
per
98-100
was
51
branches,
excluding
line,
the main
$6,067,000
Balance oertlflcates outstanding December 31, 188
including branches, 54 07-100 per cent.
, New
xr „
Bailroads of
United
the
RAILROADS.
AND
operating
COMPANIES
COAL
of
cost
actual
The
Kantan Canal,
Jersey including branches and the Delaware &
The following tables show the gross and net earnings of the
receipts from transportain 1881, was 67 66-100 per cent, of the
companies named for 1881, as compared with 1880, and also the
tion ; in 1880 it was 71 16-100 per cent.
amount of coal mined and sold, and the price received for same
The following table shows the revenue and cost per ton per at the point of sale
-ffet Eamings-dross Earningsmile on each division operated by the company
1
:
:
United BR.
All lines east
ofPMsbg.
rhila.a
branches. branches. Erie RR.
287-49
.130-01
Penn.BR. oflf.Ja
<*
Fretghl.
liCnxth ot'^road (miles)
Earnings per ton per mile..
Cost per ton per mile
Profit per ton per mile
I'iS?'''^
0""»iooo
Oisjiooo
oso-igoj
<£
OS57jQoo
OSi'iooo
03«>ioao
l'"'*1000
0139i000
0123joQ(j
Erie.
1,887-41
1*37,000
1880 AND 1881.
The following statement shows the detailed income aoeount
of the PenuiyWania Railroad Co. for the years 1880 and 1881
GENERAL INCOME ACCODNT FOR
1880.
$10,051,485
1,035,308
Net Income Pennsylvania RR. Division
Net loss New Jersey Division
jo.^,Mbo
$9,828,853
143.332
7.000
175,973
242,621
157.464
50,000
15,000
90,000
$1,767,870
$7,638,569
(7)4,820,911
$8,060,983
(8)5,861.718
Showing balance to
Dividends
Leaving balance to credit of profit and loss
$2,817,655
account for year
Add amount realized from settlement of old
795,220
accounts, and profit on sale of securities.
Balance to credit of profit
and
1
31
loss Dec.
.
.
$2,199,265
2.550.131
7.793,949
$7,793,948
$10,344,079
PENNSYLVANIA RAILROAD AND BRANCHES.
For constnictlon
Broad Street passenger and freight station, and
$962,119
202,917
457,587
217,324
29.068-
UNITED RAILROADS OF
NEW
893.013
JERSEY.
$748,191
Less proceeds sale of property, principally old
equipment
Amount expended mion and charged
$198,162
to Philadelphia A Trenton Railroad.
Value of united railroads of New Jersey
stock, received on account of Harsi-
moslmprovemant
For real estate
$9,028,456
;8,515,041
Netearnings
Rentals, interest and
chargeable thereto
profit
liabilities of all
on Pennsjlvanla
Total earnings of Pitts. Cin.
kinds
C,l 67,701
6.130,108
$2,860,752
$2,334,933
$11,270,119
8.773.252
$11,243,744
7,809,234
$2,490,806
$3,434,509
2.585.205
2.661,401
Co.'s lines.
& St.
Louis
Railway Company's liucs
Expenses for same period were
Rentals, interest and liabilities of all kinds
chargeable thereto, including the net
earnings of the Columbus Chicago &. Indiana Central Railway, paid over to the
Receivers under order of Court
loss
Decrease, 1881
its organization, and East
Carondelet Railway; the Cleveland Mount Vernon
& Delaware Railroad having, through foreclosure of mortgaget
passed out of the control of your company."
St.
Louis
&
1881.
1880.
$5,998,198
5.071.013
$6,234,183
4.531,680
The aggregate gross earnings of these roads
were...:......
74,645
400,000— 672,808—
$385,627
"The other lines west of Pittsburg, in connection with which
the company has assumed liabilities, or which it controls
through the ownership of stock, but which are worked through
their own individual organizations, are the St. Louis Vandalia
& Terre Haute Railroad, Indianapolis & St. Louis Railroad, St.
Louis Alton & Terre Haute Railroad, Grand Rapids & Indians
Railroad, and roads operated through
$922,681
For construction
1880.
$18,260,245
9.745.203
on Pittsburg Cincinnati & St.
$88,338 Profit. $773,108
Louis Railway Company's lines
Net profit on lines west of Pittsburg as
$3,l58,0a
$2,772,413
above
3,158.041
Net profit on Unos west of Pittsburg. 1880
'
proceeds of property sold
1881.
Total earnings Pennsylvania Co.'s lines... $19,788,671
10,760,214
.Expenses...
Net
SI 839 949
Less amount charged to profit and loss on account of old passenger station. West Plilla
140,000— $1,699,949
For equipment
1,836,838
For real estate—
Broad Street passenger station. Including adjacent property
$584,039
Real estate at other points
338,641
Iieia
Louis Railway Company.
Leaving net earnings
to capital account for
tracks leadluB thereto
pas-Hcnger and freight stations, piers at
Philadelphia, new shops and engine house
Additional third and fourth tracks and sidings..
Purchase of additional right of way
LIKES WEST OF PITTSBUEO.
following statement gives the result of the lines owned
or controlled by the company west of Pittsburg, operated by
the Pennsylvania Company and the Pittsburg Cincinnati & St.
From this deduct
equipment and real estate daring the year were
New
$740,322
The
Net
$3,612,875
4,181,073
The amounts expended and charged
$940,417
$194,095
AMERICAN STEAMSHIP COMPANY.
" The results of the past year Lave not been so satisfactory
as for 1880. The financial results of the American Steamship
Company since the commencement of its operations, and the
necessity for large outlays for its future maintenince, have
caused your board to doubt the propriety of further diverting
your revenues to that purpose and to consider the question
whether all that could reasonably be asked of your company
on behalf of the commercial interests of this port has not been
more than performed, and whether the promotion of steamship
lines should not be left to private enterprise."
350,866
CONSTRUCTION AND EQUIPMENT.
construction,
as follows;
$5,341,251
$5,341.2.51
$706,606
1880.
$360,828
71.771
48,907
264,814
From this deduct—
.
Add am'ut to credit ot profit and loss Jan.
701,175
1,269.762
1881.
$473,223
114,468
25.875
326,849
;
$600,000
286,480
$1,377,607
credit of Income account
after deducting all payments for which the
company was responsible
1.028.4li9
$6,107,858
Totals
Increase
1881.
$10,131,718
$9,016,176
Balance
From this balance of income for tlie year the
following ainoimts have been deducted—
$600,000
Payments to trust fund
291 ,000
Consolidated mortgage redeemed
27,423
One-halt
loss..-.
Railway—
Northern Cent.
29,459
Baltimore & Potomac Railroad— Advances
7,000
Advances
Co.—
Shamokin Coal
25,574
Phila. <fe E' ie— Deficiency in interest
315.109
interest
Dellciency
in
Val.
RR.
Allegheny
17,040
Advances
Do
50,000
Sunb. Haz. & Wilkesb—Deficiency in int..
15,000
do
..
Fred. APccn. Line RR.
Am. 88. Co.—To meet int. guar by Penn.EK.
1880.
$2,341,844
1881.
Susquehanna Coal Co.. $2,770,958
Summit Branch RR. Co. 1.107,830
755,031
Lykens Valley Coal Co.
Mineral RR. & Min. Co. 1,474,035
Expenses
75,383
154,444
Balance, bdng net increase in Pennsylvania Railroad and
united railroads of New Jersey in construction and equipment account during 1881
$4,659,630
Netearnings
Deduct rental and Interest
Loss
this loss your company, under exlstingcontracts, is directly or indirectly responsible for
$927,154
$l,702..'i03
1,868,279
2.049.166
$911,124
$346,662
260,186
85,989
Of
:
Mabcb u,
Wlileti, dediicled
Leare* a
iit-t
:
THE CHRONICLE.
i8ea.j
«3.1S8,011
trom the profit berur«i>Uted.«3,772,4ia
proflt
on
IlfCOME ACOODHT.
|I3,072,052
$2,511,927
S60,124
eiiowluKatlc. reiwr for 1H81 of
after proriding for and paying
•II iu flind and adjudicated obligations, wan enabled to pay a
dividend of Ave per cent upon it« fall-paid uapital stock of
twe«ty millions of dollars, and oarry to the credit of profit
and loss acoo<int a surplus of !l!l,8(!B,183. Of the issue of
98,300,000 of the Pennsylvania (.Company's bonds, secured bv
"The Pennsylvania Company,
Pittsburg Fiirt Wayr-e & Chioapo Railway stock as collateral,
1385,000 have been redeemed through the operation of the
•inking f uad, leaving the amount outstanding, f2,81B,000."
GENERAL ACCOUNT. PECEMBEK
ASSBTD.
1879.
31.
1880.
CooKtnirtlon. equipment and real
OHtntc accoiintd fur tbo railroads
bctweiMi riiUa. and PlttsburK .. ."50.979,139
2.1..')20,.'>78
Cost of bonds of railroads
Cost of storks of lallroaiU
31,723,867
bonds
and
Htocks
niiintof
Ooat of
olpal corporations, coal eonipanies, canal companies, bridgo tl'^
ooinpantes and Investmenta not
othciwiHC enumerated
8,237,137
MaiiiiKiTS of Trust created by
I'liina. KK. Co., Oct 9, 1878...
700,000
Ineiintiiee fund
10,000
Morts. A ipnnnd rentals receivable
26,736
Amount expended for the purchase of anthracite coal lands..
792,315
Appraised value of securities
owned by United N. J. Companies and transfer'd with lease
3,895,534
Eiiulpmcnt owned by United N.
J. Cos. and transfer'd with lease
3,419,004
Amt. of fuel .t materials on hand
1 ,845,241
Amoiin.^ of bills and accounts re-
11 ,778,474
13,204,417
13,111,162
1,832,678
$
Ao
Sinking funds
Due United Stbtes on year's kustnen
(7)
434,000
Total disbursement*
Balance, surplus
1,779,811
307,000
1,698,360
10,548,337
3,660,080
10,972,817
3,138,33»
1880.
Aisel*--
63,263.073
67,602,87.'»
23,734.82.5
30,742,9(51
19,«90,474
52.953,573
Bonds owned, cost
Advances
Int. on U. 8. bonds
7,075,109
1,300.000
10,000
69,735
1,900,000
10,000
88,661
764,236
738,011
3,895,585
3,895,585
3,163,705
2,815,416
2,805,855
3,313,332
and amounts dun from
Including advances
roa<ls.
to railroad corporations
for construction and purchase
of e<|ulpmont used on their
1891.
*
Railroad, buildings, equipment, Ao..
Stocks owned, ooat
154,743,629
...
156.878,6e»
12.756,754
•16.379,055
2.668,360
"J 19.507,615
In excess of slak. fund.
li7,305
1.877,300
349,562
Materials, fnel. <kc
7,355,896
4,810.128
117,186
4,076,184
GENEBAL BALAXCB AT CLOSB OF SACH nSCAI. TZAR.
1881.
i|
made
nivldemU
Il.ei0,0in
I.OIO.ISS
SiM.249
6,174.473
114,315
(6)3.045,739
9
«
other
Tetal Inoonia
l>i*bnr§ementt—
Inttresl lui debt
Oiseount. Interest, premlnia,
1881.
•
Reeeipli—
Pttto-
Inirjr
ceivable,
'880.
.
„
Neteaniinm
IntoroU aiM dlTldendi
Other rewlpU
.
wrat of
nil linen
289
Union I'acillc bonds and stock owned
Denver Extension sinking fund
Coal lands and mines
Bonds and stocks held In trust
Land department assets
3,164,477
104.046
109,645
106.178
12.195,950
6,074,212
2,185,950
6,384,180
Total
185,165,541
LiabilUies—
Stock
Funded debt (see Hli-I'I.e.mkst)
United States subsidy bonds
Aocnied Interest due on subsidy bonds
Bills payable, and all other dues aul accounts, less cosh on band and sundry
balances
Interest accrued not due
Balance of iucome account
Total Uabilltles
200,477,246
1880.
60.762,300
82.623,114
33..'i39,.">l 2
12,133,970
1881.
60,868,500
82.118.1.33
33..'>:i9.5I2
12,590,388
1,519,836
782,721
3,804,083
4.035,078
780,706
6,544,868
185,165,541
200,477,246
Uiies. vi'..:
Philadelphia & Erie RR. Co..
United N. J. RK. & Canal Co.—
Construction
Sink, fund & redempt'u acct.
Real estate
Other companies
Cash balance In London
Cosh In hands of freight and pas-
339.358
21,501
21,501
203,418
1,026,3.0
419,734
399,411
1.139,280
441,877
1,232,200
500,976
6.'J5,421
5,1)88,248
8,B70,491
1,155,035
8.192,460
1,141,097
1,831,714
3,223,034
2,005,842
1,673,103
1,158,936
seJKor
agents
^
.,
2.009,087
Cash Id bauds of Treiisiu^r
1 .629,808
Total
148,S83,649 154,256,894 175,547,876
UABIUTUtS.
1880.
1881.
$
$
68,870,200
68,870,200
77,672.750
Funded debt (as per Investors'
SCPPLEMKNT)
58.962,975 60,546,367 57,906,186
Morts. and ground rents payable.
Feim. Co. for Ins. on Lives, iic,
" Trust Cerilflcatcs"
Aooouots payable, viz.
Balances due other roads
Pay-rolls and vouchers for Dec. . .
Bills
1,304,779
394,477
2,787,098
1,040,000
127,507
1,893
2,055,599
1,834,112
341,090
3,895,585
3,895,585
3,395.585
St. Jo.
St. Louis
3,419,001
3,163,704
2,805,854
1,300,000
634,460
7,793,949
1,900.000
923,940
10,344.079
S
4.236,370
169,928
10,572,805
443,435
1,051,155
1880.
1881.
8
$
5,171,115
4,922,711
234,010
13,406,910
469,025
208.860
1
5,075.51 5>
1,.')66,073
1,342,572
1,831,502
....
18,040,266
22,455,134
24,268,817
n.Tnce of way
....
Renewal of rails
Maintenance of equipment
$
$
1.701.536
816,853
3,346.147
1,655,833
438.768
1,904,773
1,109.676
Total gross earnings.
Trai simrtation expenses..
Taxes,
General
Total (Indndlng taxes)...
Netfaninjs
Per ct.
of op. esp. t« earu'gs.
4.4-24,871
$
2,179,071
1,700,426
5,185,006
2,132,692
439,908
473,199
2,482,58.'*
510.710
8.368.337
9,671.429
46-38
10,545,119
11,910,019
46-90
12.4*0,343
11,778,474
51-45
394.011
538,341
1.572.000
1,536,200
61,000
320.000
4.259,400
6.232,000
4.414,000
4,701,000
128.000
480,000
4i;."i.OOO
54 i.UOO
784.000
1,01G,006
339,000
2.'5O.00O
901.000
510,000
10,000
500,000
130,000
1,274.569
1.076.361
375,000
1,878.100
Denv. City receiver's
Council Bluffs
975,000
llSiOOO
19,600
certificates
& Omaha
Total
f
700,000
343,460
4.181,073
BOIMf*.
977,000
UtahBonthem Railroad extension
&
481,013
1,503,599
2,064,119
Xnling Jirpenset—
Atchison Colorado & Pacific
Wahsatch cfc Jiudan V.Tlley Railroad
M,anbattan & Blue Valley
Colorado Central of Wyoming
St. Joseph & Ppclflc first mortgage
Kansas & Nebraska first mortgage
Hastings & Grand Island Railroad
Utah Central
1879.
Coupaay
Utah & Nevada
Manhattan Alma & Burllugame
Nevada Centra 1
Den vcr South Park & Pacillo
1,708
3,307,641
Stocks.
$160,130
077.000
786,000
465,000
231,000
500,000
858,700
917,600
438.500
418,659
912,500
4,100,900
150,000
.Southwestern
85,672
the statistical matter without remarks upon the company's
pr^^reas or condition. The figures are tabulated below in comparison with prior years. lu the land department there were
sold daring 1S81 from the Union Pacific land grant 96,059 acres
for 1474,343, or $4 93 per acre ; from the Kan.sa.s Paciflc grant,
99,478 acres for $425,978, or|4 28 per acre. Of the Union Pacific
land grant bonds 15,384,000 remain outstanding, and there are
94,314,418 in land contracts ontstanding, which will be applicable to the farther payment of these bonds.
Mall, express, Jcc
&
Joseph Bridge Building Company
Centra 1 Branch Union Paolflo
Kansas Central
St.
1,299
2,590,150
(For the
1881.)
report submitted at the annual meeting contained only
Government
Colorado Central
Ijawrence A Emporia
1,53,1»9
148,983.649 154,256,894 173,547,876
SarninfM—
Passenger— Cash
Qovernment
Freight— Cash
Joseph & Western
MarysvlUo & Blue Valley
EchoA Park City
Utah &Northem
St.
524,370
4,343,979
Union Paclflc Railroad.
year ending December 31,
The
Omaha Niobrara & Black Hills
Omaha & Republican Valley
3,466,948
Cash dividend unpaid
Total
1,499,937
10,000,000
payable
Dividend scrip outstanding
Sundry accuunta due other rt>ads.
Securities owned by the United
N. J. Railroad <te Canal Comp'y,
transferred with the lease
Eaulpiuont of Uuited N. J. RB.
& Can. Co.. transfer'd with lease
Fund for the purchase of securities
giaranteeil by the I'eunsylvaoia
B. Co. under trust created Oct.
0. 1S78
Consol. mortgage bonds redeemed
Balance to crodll of profit and loss
Union Pacific Railway
Salina
1879.
Capital stock
Stecks and bonds of other companies owned bv the Union Paoitlc and
which connect with it and contribute to its earnings
•
$25,835,700
Securities held
$20,920,430
by trustees of consolidated mortgage bonds
Bonds.
$970,000
538,000
575.000
60.000
Stoekt.
Junction City A Fort Kearney Railroad
Den Vdr A Boulder Valley Railroad
Solomon Railroad
Golden Boulder & Caribou Railroad
National l4Uid Company
$720,000
. .
Total
2,(X)1,000
60,000
94,800
$2,875,800
Hannibal
&
St.
Joseph.
(For the year etiding December
The
$2,143,000
31, 1881.)
directors present the report for the year 1881,
the following account of Income
showing
:
Earnings of the road
Income from other sources
$2,257,231
368,332
(2,626,563
Operat'g exp., inclodlng taxes and car service. .. $1,452,618
Coupon
interest
DlvMend of 7 per cent, ob preferred stock
Expenditures In construction and equipment
6.'54.640
335,810—2,463.068
$163,499
108.681
$53,813
The President remarks: "You have no floating debt, the
item of accounts payable, shown in the general balance sheet,
being only for the vouchers and pay-rolls for December, not
payable until January, 1882, and fully covered by cash and
available assets.
The bills payable t>hown at date of last
report (166,8261 have been paid. They were notes held by
the Michigan Car Company, which matured from month to
month until October, 1883." • • » "The 100 grain can»
commenced la-'t year are completed and in serrice. To meet
the demands of a largely-increased mail service, two new cars,
64 feet in length, haTe been commenced, and will be oat of the
—
....
.
:
THE
290
(^HRONK.'LE.
shop during the spring. The sale of land continues active and
year
collections are promptly made. The cash receipts for the
have been
^^2q'2?9
From assigned contracts..
From (tee and outside lauds
'S-t
375
From interest
'
$284,260
$261,732
The net income from lands over expenses was
the free land income was paid into
the company's treasury, and appears among the items of
income. From the balance, the Farmers Loan & Trust Company has paid the interest on the bonds of 1878 and $175,000 of
the principal has been retired. Only f 140,000 of these bonds
remained at the close of the year 1881, $50,000 of which have
at this date been drawn. On the Isfc of May a new land trust
was created (subject to the old assignment for redemption of
the land bonds of 1878), pledging the entire land revenue for
the redemption of the bonds of old mortgages in excess of the
amount of the new consolidated mortgage. Under this the
trustees had received to January 1, 1882, $29,641, and at this
date they have in hand $37,705, of which $37,000 has been
invested in Hannibal Union Depot Company's bonds, taken at
par and bearing 6 per cent, interest. Investments of this fund
approved securities will be made from time to time, as it
accumulates. On all cash balances the Trust Company allow
interest at 3 per cent."
In reference to the contest between the company and the
State of Missouri regarding the payment of the $3,000,000 to
the State, Mr. Dowd says: "Before the payment was made a
law was enacted by the Legislature of Missouri, providing for
the application of the money to the extinction of the outstanding 6 per cent indebtedness of the State. The actual amount
in controversy is, therefore, the loss of interest to the State
between the time of the payment to her and the time of the
application of the money by her. The time has already arrived
at which the greater part of the money can be immediately
"
From
this, |37,559 of
[Vol.
XXXIV.
Consolidation Coal Company.
{For the year ending Bee. 31, 1881.)
The annual report to the stockholders gives the following:
receipts from mines, railroads, reuts, etc., (iacluding value of stock of coal on hand) were
$2,417,794
Total expenses of every kind (exclusive of interest and sink1,932,458
ing fund), but including rails and extraordinary
The gross
Netreceipts
interest on the funded debt for the year 1881 .$156,039
62,976
Sinkina fund for the year 1881
$135,335
LeavinKbalanoetothecreditofprollt and loss
$J15,419
87,293
The
.
$219,916
Add balauce to
the credit of profit and loss Dec. 3l8l, 1880.
Total balance to credit of profit and loss Dee. Slst, 1881
From which deduct dividend payable Jan. 27th, 1882
Leaving balance to credit of
profit
and
loss
.
$30'2,717
205,000
$97,717
The company
also holds as a cash asset $100,000 of first
mortgage bonds of the Cumberland & Pennsylvania Bailroad,
acquired in 1875 by the payment of $98,600 in cash from earnings, as mentioned in previous annual reports.
There were mined and delivered from the company's mines
Tenia.
m
In the year 1880
In the year 1881..
applied."
" The preceding exhibit shows a large increase in the output
of the company, rendered possible only by the extensions and
improvements of the mining department of the company,
referred to in the last annual report. There has also been an
increase of the output of the entire region an encourasing
fact, in the face of the active competition of lower priced steam
The decrease in the business over
coals, foreign and domestic.
the company's railroads is due to the G-. C. & C. R. R. having
been completed during the past year, over which line a small
portion of the output of the region passed. The general prosperity at present prevailing in the business of the country
warrants the expectation of an increase in the company's business for the year 1882, with more profitable results, it is
hoped, than have been possible with the extreme low prices
that prevailed in the spring and early summer of the past year.
For the first time in the history of the company, its extensive
shops at Mt. Savage have been actively engaged (since July
1st last) in manufacturing locomotives and oars for the general
market, and we have now contracts on hand that will occupy
the full capacity of the shops for the whole of the year 1882 at
remunerative prices."
The statistics of operations, income, &c., for four years past,
are compiled for the Cheonicle as follows
EOAD AND EQBIPMKNT.
:
1878.
1879.
1880.
1881.
292
72
29Z
78
46
46
292
?8
49
292
76
47
1,313
1,313
1,226
1,303
580
571
Tot. road operat'd, m.
Locomotives
Pass, mail & exp. cars
Freight cars
Coal &. all other cars
360
370
OPEEAIIONS AND riSCAL RESULTS.
.
1878.
Operations—
1879.
1880.
1881.
257,916
282,379
324,220
Passengers carried..
352,370
Passenger mUeagB... 19,103,676 21,545,368 19,925,011 20,948,599
2-87 cts.
2-64 cts.
2'76 cts.
2-50 cts.
Eate p. pass. p. mile.
543,472
54a,472
622,5.'i3
b:22,5.'i3
Freight
Ight (tons) moved
716,730
661.340
Frg'ht (tus) mileage. 100,012,716 111,987,174 120,665,740 107,830,3.59
1-007 cts.
Av. rate p. ton p. m. 1-295 cts.
1-214 cts.
l-0:i6ct8.
Earnings—
$
Passenger
Freight
Ac...
Mail, express,
556,837
1,313,482
175,081
Total gross earns.
2,045,450
Operating expenses—
(fee.
313,609
Maint'nce of equip..
177,428
Transportat'n cxps..
626,866
General expenses
108,648
Miscellan's expenses.
38.543
Mamt'ce of way,
Tot. (Includ'g tax's)
Net earnings
1,265,094
780,356
$
$
$
566,876
553,839
1,247,835
1,713,079
182,694
294,472
546,885
1,529,832
180,514
1,997,405
2,561,390
2,257,231
262,518
181,684
523,457
131,043
121,720
274,835
224,478
530,644
155,169
119,464
350,039
208.283
617,299
151,352
110,314
1,223,422
1,304,590
1,256,800
1,437,292
773,983
819,939
INCOME ACCOUNT.
Receipts —
Net earnings
Premium on bonds.
1.
bonds.
gr.
Total income
Dishnrseinenis
1 nterest on debt
—
Dividends on
Hire of cars
Old debts
1879.
773,933
1,256,800
03,560
580,701
1,514
297,107
6,334
63,610
819,939
288,978
41,795
37,559
1,454,707
1,072,601
1,326,764
1,188,-271
»
660,000
& eq
.
Tot.disbnrsem'ts.
Balance, surplus
412,200
382,507
1881.
$
$
657,320
pr. st'k.
Add'g. to prop.
1880.
-
Mtscel taueous
Lands &
1878.
780,356
139,902
654.640
654,640
(612)330,395
5,180
(7)355,810
15,326
142,418
108,681
1,454,707
797,222
1,132,633
1,134,457
275,332
194,131
53,814
OENEKAL BALANCE AT CLOSE OF EACH FISCAL TEAIl.
1878.
Assets
Bailroad buildings, >,„„„„ .,_
i J,d».:,4 J7
equipment, &c
J
Land gr. bonds held.
419,000
Stk8.,bds.,&o.,for Inv.
13,800
Bills & acc'ts rec'ablo
83,185
Materials, fuel, &e...
82,318
Cash on hand
198,019
1879.
$
1880.
1881.
$
13,575,824
158,000
29,655
191,084
80,041
226,845
13,718,241
143,000
38,727
146,270
92,433
535,602
13,826,923
6,497,640
2,355,342
323,557
6,497,640
2,555,342
124,425
6,497,640
2,555,342
117,613
6,497,610
2,535,342
115,638
Total assets
lAubilUieg—
23,570,288
23,441,856
23,844,870
23,901,944
Stock, common
Stock, preferred
9,168,700
5,083,024
8,700,000
312,612
154,483
24,496
120,356
6,617
9,H58,700
0,083,024
8,633,000
243,934
156,714
9,168,700
5,083,024
8,633,000
133,227
9,168,700
5,0S3,024
8,633,000
70,457
334,030
308,185
Disc't,
Ac, on
bds.
&
deprec'n of equlp't.
Land department.
. .
Miscellaneous items.
Bonds (sees uri'LK'T)
Bills
A
accts. pay'blo
Unpaid coups. & dlv.
Int. oiil.g. bonds held
Bal. froni rev. aoc'nt.
Gen.
profit
and loss.
1.15,000
29,708
130,410
140,771
470,512
$
Total llabiliUes.. 23,570,288
153,8.'>4
2,630
23,441,850
336,549
156,340
23,'844[870
23,901,941
185,656
Increase
—
^^^^^^
GENERAL INVESTMENT NEWS.
Boston Hoosac Tunnel & Western. — At Albany, March
8,
the hearing before the Attorney-General in the application to
annul the charter of the Boston Hoosac Tunnel & Western
Railroad Company took place, and Mr Burt's counsel were
heard in opposition to the application. The Attorney General
reserved his decision.
In Boston it is stated that the contractoi-s for the proposed
extension of the Boston Hoosac Tunnel & Western Railway are
Messrs. Bowen & Woodward, of Sherbrooke and Quebec, and in
connection with Ihem are Reed, Bowen & Co., of London, Eng.
—
Brooklyn Elevated.— Judge Gilbert handed down his
decision continuing the injunction to prevent the construction
of the Brooklyn Elevated Railroad, known as the Bruff road,
He holds that the receivers of the comp:iny
in York Street.
are not the assignees of any right, property, or franchise of
the railroad corporation. Conceding to the company the right
under the General Railroad Act to take private property
against the will of the owner, this right does not pass to the
receivers. They are merely oflicers of the court to protect the
interests of the trustees for the bondholders. The rights of the
plaintiffs to light, air, and the use of the streets, even it
they do not own the land in the streets in front of their
property, would be invaded directly by an elevated road. The
question whether such invasion is a " taking " of property,
the judge says, is not conclusively settled. But the absence of
any provision for compensating the plaintiffs, the insolvency of
the corporation, and the lack of authority on the part of the
receivers to exercise the right of eminent domain delegated to
the corporation, are sufficient reasons for continuing the
injunction.— iV. Y. Tribune.
Bnffalo New York & PhiLidelphia—This company is
reported to have leased the Genesee Valley Canal Railroad,
extending from Olean to Rochester, a distance of 110 miles, and
the following other roads Kendall & Eldred, Bradford &
Kinzua, McKean & Buffalo, and the Olean Bradford & Warren.
With these leases is acquired 16,000 acres of land in McKean
and Elk counties, Pennsylvania, owned by the Buffalo Coal Co.
Central of New Jersey.—The Chancellor of New Jersey has
appointed Henry S. Little as Receiver of this company, vice F.
S. Lathrop, deceased.
Mr. Little is President of the New York
& Long Branch Road, and also a director of the Jersey Central.
Chicago Burlington & (Juincy.—The statement of earnings
for the month of December and for the year ending December
31 is as follows, taxes for 1880 and 1881 not included:
:
1881
162,495
476,083
568,244
75^,900
1880
Increase
Decrease
- Decemier.Oross Eam's. Net Earn's.
1,905,490
1,034,290
1,552,017
870,607
353,472
163,683
,
Fiili Year.
Gross Earn's.
21,176,455
20,454,491
>
Net Earn's.
10,602,094
11,091,500
721,061
439,495
—
MABca
T.aiicrn Illinois.— SomH disturbance
&
;
:
THE CHK(^NICLE.
11, lD8it.J
riilcairo
:
bM
been
o«c«Hic>nfil by tli" (It'ci.sion ot tlm II. H. Ruprnmo Conrt reversiiig the rlfcre« of forecloHuri- ntidi-r which the Chicago Danvillfl
Mr. William ArmHtronjr, soliVinfpnn.'H Uailr.iad was Hold.
&
citor for the Chicacro & Kaateni
7Vj&H(i'' reporter that thrt case w.i
Court on behalf of certain second
Illin
is.
said to a Chicago
to the Supreme
I
bondholders, and
elfect of the decree will bu lliat the first mortgage
bondliolders will be entitled to their lien, whieh amounts to
13,600.(1(10, with interest at 7 per cent for about ten years.
he fnvH the
The stockholders of the Danyille & Vincennea hold their
stock subject to the mortgage indebtedness, and also subject to the equity cf the Chicago & Kasteru Illinois, which
u the value of all the property they have added since
The stockholders
they became the owners of the road.
of the Chicago & Bastem Illinois own the stock of that
oorporation. which owns a large amount of property independent of what they purchased or obtained under and
by virtue of the decree. It may have the etfect to require
the mortgage to be reforecIoHed, bat it still allows the old
suit to remain pending simply sets it aside so far as the
decree of foreclosure is concerned. It will be difficult for the
Danville & Vincennes people, or anybody who has any stock in
that road, to derive any benefit from this adjudication. They
will have to pay off the original mortgage, with interest, and
also pay the Chicago & Ka«tern Illinois for all the improvements and the jiroperty added. The road is now far longer
than that of the old Danville & V'incenne.H. They never claimed
to own more than 110 miles, while the present road embraces
the one fromTerre Uaate to Danville, under a perpetuil lease,
and considerably over 100 miles more, and has added largely to
the rolling-stock. The following is an abstract of the decision
rendeied on Monday by the United States Supreme Court
—
Tlin Cliionco DnnvillK ct Vin:eiinc» Railroad Coinpnny, .ippiUanfs, vgWilliam K. KoRdii-k ct nl.— A]>penlM from the Circuit Court of the Uulted
Stall's for th« Nortliirn Diatrlct of Illiiniis.-Tlicsc appeaU arise out of a
iiuit lu-oiiRlit l>y I'oadiik ct «!.. as iiiortKaKecs In trust for holdera of
bonds, for the foreclosure of a raortitaRo (,'ivcu by the Clilcngo DauviUo
Vluoenni'S Kuilroad Company upon Its railroad, and a salo ot the
inortgafird premises. A dcrree in aicordanto with the prayer of the bill
was rendered bv the court below, anil under It a salo was had and con-
291
left he sent fi>r seTeral gentleman who are promln«ntl/
interested in the company. He was met by (Jharl^s P. W<jerishoffer, Hnnry Amy. of H.
& Co., Henrjr Morgan, oT
Matthew Morgan's Sons, and L. il. Meyer, of Nassau Htreet.
The Treasurer and Auditor of the company were preaent also.
General Palmer showed his advisors the general balance sheet
of the company on December 31, 1881.
He said that the company bad a>i small a fioating debt as conid be in the case of s
steamer
Amy
company
still
engaged
in
construction work.
" That
is
th»
" Now aboat the
position of the company at present," he said.
future. Should thH next dividend on the stock be paid ?"
Mr.
Woerishoffer, Mr. Amy and Mr. Meyer opposed the payment of
any dividend unless it was ob'^irly earned. Mr. Meyer thought
it wonld strengthen the company not to pay dividends under
any circumstances until all the work of constmetion was finished. At any rate, he anrned, the next dividend should not
be paid if not earned. General Palmer said that, personally,
he did not favor paying the dividend ; but, as the President of
the company, he had to consider what the foreign stockholden
could justly claim from him. He showed advices from London
urging the paymetit of the next dividend absolutely. Mr. Morgan's views coincided with those of the foreign holders. Before
any decision wa.s reached in the matter General Palmer had to
start for the steamer.
Eiist Tennessee Virginia & Georgia.
^The earnings and
expenses of this consoli(iated road for the six months ending
December 31, 1881, were as follows
EXrENSRS.
EARNINGS.
From piisaengora
9447,657 Maintenance of way... $301,333
IColling stock
Fromtreight
I,'.i02.S30
313.016
69.010 Transportation
'J46,168
From mail and express
—
From other
sources.
Total
..
19,472
$1,735,588
Miscellaneous, Includ'g
taxes
Total
$1,010,658
$715,929
Nctoamlnga
Kansas Pad lie.
126,148
— Sidney Dillon, as President of
the Central
Branch Union Pacific Railroad Company, has just concluded a
Henry R. Low, of Middletown, N. Y., of all the Central
Branch Railroad lands in the State of Kansas, amounting to
These lands lie mostly in the counties of
flrmed. From thisihc present Hpi>eals are pro-ecuted by the railvoad about 55,000 acre.s.
'Mjnipuny. The company asKiK^s, iis errors In the decree of foreclosure Brown, Jackson, Nemaha and
Pottowatomie, and embraea
and sale-. Ilrst, that tlin court l)eh>w re ,ulred from the niortgas'or or p.iymcnt of the principal of the debt secured by the niortcano. as If it were some of the finest farming lands in the State.
tbeudue.aud, on nonpayment thereof within twenty tlays. that the
Manhattan Elevated.—At meetings of the Manhattan, NewmortRaKcd proi>erty should be sold stcoiid, that it decroed foreclosure
railway companies, a resolution
and sale on this ooudltlon without proof of the written re<inijst of the York and Metropolitan elevated
holders of the mnjorlty of the bondH. This court hold.s that the fl st making the interest on Manhattan secona preferred stock
well founded, Inasmueh as the decree below denied (Metropolitan converted) cumulative was adopted by each.
aaslgnment of error
to the mortKaftor the right to redeem its property, and thus prevent the This action was taken as a compromise with the Me;ropolitan
not the unmatured principal of the debt, but simply the
A
sale to
:
l.s
sale by paying,
tlion duo and In arrears. The denial ot this riglit wiis,
the opinion of this court, a subsiantial and serious wrong.
Tlie second asaignmeut of error is, this court thinks, equally well
r
fonnd'-d
had the trustees rightfully declared the priucipal sum
debt due an<l given proper notice there<»f, ncverthelcas
oftl
>r proeeetling to foredoso for that ct-uso anu for the
the
....A^ payment of that amount would fail without proof that
il been tiled for that purpose upon the written request of the
a majority of the bonds then outstanding. It Is not disputed
.,:
,ich proof Is'to be found lu tlie record. For these reasons the
;
deoreetf are reverseii and the eau.ses remanded with Instruetioue to
proceed in conformity with thN opinion. .Instice Matthews dellvcicd
the opinion. Chief-Justice Waltc and .lustico Ilarlan dls.sent, exprtssIng the opinion— first, that the default having occn.-red and continued
more than six mouths, the priucipal of all the bond.s secured by the
111...
iiiimcdiately due and nnyablu; second, that the
morti- "
;,iro wore not precluded from liKstituting i>i*ocecdtrus'
ve of the mortgage in case the safety of he trust
io^
lo mutter whether tho.y hiid been requested in
mailu
writius lo do so by a majority ot the bondholders or not.
Interest
n
I
1
i
Chicago A Wv'stern Indiana.— The Chicago & Western Indiana has issued stock to the amount of 50,000 shares at $100 a
share, to be divided as follows The Chicago & Western
South Chicago & Western Indian.i, 5,000
Indiana, 35,000
Chicago & Western Indiana Belt, 10,000. Total, .')0,000: This
stock is issued to the stockholders of the companies parties to
the consolidation of the three lines which took place lately, and
to be given them upon the surrender of the certificates of stock
:
;
of organizations existing before the consolidation.
Of the
910,000,000 mortgage bonds to be issned to equip the road, buy
erection
of
depots, station hotises.
new rolling stock, for the
docks, &c , .?3,800,000 is to be set aside for tne purpose of paying
companies
as
indebtedness
the
they existed previous
off the
of
to the ccnsolidatiim and place the new organization on a solid
footing. The leases for right of way privileges to the Grand
stockholders.
Cincinnati Railroad.—The new and revised
reorganization has been signed by the BaltiRailroad Company, as the largest holders of its
of a controlling interest in the stocks of the
Cincinnati & Baltimore and Baltimore Short Line Railway
companies, and by the lieorganization Committee, and holdexs
are now depositing their securities thereunder.
The following are some of its more important provisions r
It secures from the Baltimore & Ohio Railroad Company the
full release of a claim now in litigation which, if decided
against the Marietta Company, wonld establish a prior liea
upon it over all present mortgages of more than !(3,000,00(^
Marietta &
agreement for
more & Ohio
securities, and
provides for the permanent con.solidation of the company
with the Cincinnati & Baltimore and Baltimore Short Line
companies, thus gaining 3l continuous line from the Ohio River
It reduces the fixed charges from
to the City of Cincisnati.
§1,419,428 to about $650,000, an amount which, it ia estimated,
can be met by the net earnings of the company.
The road has been recently steel-railed for its entire distance, and the plan provides for sufiScient means to be realized
from the assessments for reorganization to fully equip the
This will
road and place it on an independent running basis
secure an annual saving of about $G5,000, which has heretofore
been paid for rental ot equipment.
,
t^
Holders of securities must deposit them with the Farmei&
York,
before
New
Place,
Loan & Trust Company, 26 Exchange
the 15th of April next, and will receive in exchange the Trust
It
Company's certificates of reorganization.
Mariposa Land and Mining Company.-Notice is published
an assessment of five dollars on each share of the preferred
Trunk Wabash St. Lonis & Pacific and Loui.sville New Albany that common
stock is now due and payable on or before March
& Chicago have been renewed, a sinking fund created, and the and
stock dividend of
9, 1882, when it will be delinquent; and a
J. B. Brown will be General Manager
organization completed.
thirty per cent has been declared, free from present assessas well as President of the new organization. Exchange.
ment, upon the stock upon which all assessment.s shall haTe
The previooa
Cleveland Columbus Cincinnati b Indianapolis— Cincin- been paid in cash, or shall not be delinquent.
dividend of
nati Hamilton k Dayton.— At Columbas, 0„ March 7. in the assessment of twenty-five cents per share and stock
ease of the State of Ohio, on relation of the Attomer-General ten per cent are to be credited on this assessment.
uainst W. H. Vanderbilt et al., the Supreme Court decided in
Mexican Central.- A circular recently issued by this comfavor of the plaintiff by allowing judgment of ouster, thus pany says that on the 12th of the present month the track bad
preventing the consolidation of the Cleveland Columbus Cin- been laid from the City of Mexico (including the 37 tniles of
cinnati & Indianapolis and the Cincinnati Hamilton & Dayton narrow-gauge road purchased by the company) 190 miles, and
roads. These roads were controlled to some extent by Mr. from Paso del Norte, south, 84 miles; total, 274 mUes. In the
Vanderbilt, and consolidated last September under the name of next six months it is esUmated that 300 miles »n be built,
There can be
the Ohio Hailway Company. Messrs. Jewett and Vanderbilt making the total by Sept. 1, 1832, 674 miles
have been in litigation over the matter since the consolidation built at least 250 miles in the last four months of this year,
was effected; and this is the final adjustment of the case. It is leaving 478 miles to build in the year 1883 to complete the
held by the court that the lines running from Toledo to Cin- main line. Below is given a resume of the total construction
cinnati and from Cleveland to Cincinnati are competing, and work and the estimattS coat of the same.
nnder the Ohio statutes cannot be consolidated.
224inll«iat$l.\610iHTmlle
??'1?S'S12
Dcnrer k Rio Grande.— The Tribune
the dividend that General William
company,
sailed for
Mexico on
last
reports concerning
Palmer, President of the
Thursday. On the day the
81lmile»»t»10.«(h>iwrmilo
262 miles at $24,820 per niilo
IS
„
rA.,
u.t>U2,DW»
J.
ijSoO
mUes
at average $19,590.
$a6,4O9,>0i
—
:
THE CHEONICLK
29'2
A former estimate of
excess of the above.
i(i>».nhls
*
mile in
the cost was nearly f 1,000 per
^
« t j „„„
—The new settlement effected conof the
Company
Tennessee
East
the
bv
Charleston Company, amounting to
rharleston
nnroW
issue new securities,
Is qi2 72-5 in eic&e for which it is to
include $7,0u0.000 comwiU
reported
whkh
?h^ iSit of
preferred stock and $4,387,»00 income
•¥*^P
ToA
»
,
thrMe^hisV
of
it is
^SSMOO
mon Tock
bond^
mortgage
This dfes not affect the $4,222,000
property. The issue to the
Charleston
&
MemDhis
on the
wi.l be 70 per cent of their
Memphis &cEariesTon stockholder
per cent preferred stock, and 100
70
bonds,
income
in
koldinKS
per cent interest
Cnds
bonds,
XXXIV.
proL.
road was sold under foreclosure proceedings, and the State of
Virginia held a mortgage for $4,000,000 upon the property,,
whwh was junior to the mortgage under which tJie forethat
closure sale was made. It was agreed on the reorganization
the whole interest of the State should be sold for $500,080. of
which $100,000 was paid to the State in May last. This conAssembly of Virtract having been confirmed by the General
ginia the remainder of the purchase money (that is, $400,000)
was paid on the 28th of February by the Norfolk & Western
Railroad Company into the treasury of the State, and they have
received a full release and assignment of all claims of every
nature which the State held against the old organization.
—
Philadelphia & Reading. McCalmont Brothers & Co.^
through their counsel in Philadelphia, have notified the counsel
Gowen, of the Reading Railroad Company, to file
Kock.-A dispatch from Little Rock, of President
Memphis & Little
before March 20 to their bill and petition in the
"'^'''
case has just been decided an answer
important
an
that
reports
report
^.^rch 7,
MMch
United States Court for a permanent injunction restraining the
Ser cent common stock. The
earned.
£» April and October if
incomes pay 6
In/annary,
KsVfme
^nconra^r^teraal }^^^^^^^^^^J;^^p^^h
an
Court.
i^P^^f^f^V^rR^nrl^^
Railroad
Rock Re
is & Little Rook
Memphis
act'to
under
it to the
the compat ^iviterest. tte^compan^
for ten yea_rs_at_8 per_c^ent^mterest.
the road as collateral
ing a note and a mortgage on
office of the
mortgage was never recorded, but was filed in the
vf ere afterward given.
Secretary of State, and other mortgages
The Supreme
nTder one of which the road was foreclosed.
pays the State
Court now decrees that, unless the company
from December, 1879, the
$202,133. with interest at 8 per cent
by a
Memphis & Little Rock Railroad rolling stock shall be soldmortsubject to the
special commissioner on March 30, 1882,
gage of May, 1860.
for
Missouri Paciflc— The stockholders held an election
were elected Jay
directors in St. Louis, and the following
Ames, New
Gould. New York ; Russell Sage. New York ; F. L.
$10" 000 and loaned
Company
Mr Gowen claimed that if
issue of the deferred bonds.
decision of the Berks County Cimrt, whicli recently declared
the (ieferred bond scheme legal, should be sustained by the
Supreme Court of the State, its ruling would be final, there
v_a1_ mo ..*^n»n1
fl,t.
TTnif*»fl States
ftta>.f*« Court,
rinnrt. because
hpcJi.nRA the
United
to the
appeal fr,
being
Supreme Court of Pennsylvania is the highest authority on
questions relating to corporations chartered under the State
entertained
laws. Or even it the United States Supreme Court
the suit, they would follow the decision of the Supreme Court
This court, March 6, did decide the deferred
ol the State.
bond scheme to be legal. Three of the seven judges dissented.
The judges sustaining the validity of the bonds were Paxson,
Sharswood. Trunkey and Green. Those dissenting were Justices
:
York
;
Louis
;
R. S. Hayes, St.
F. Buckley. NewTork
Clark, Omaha Sidney Dillon, Thomas r^ Eckert,
i,.
New York
J. Forrest and Samuel Sloan,
Wm.
;
S H. H.
George
;
;
Hopkins,
York.
St.
Louis
;
H. G. Marquand and Geo.
J.
A
Gonld,
New
Mntnal Union Telegraph.— Another suit haa been commenced against this company in the New York Supenor Court
temporary
by Wm. H. Cameron, and Judge Truax granted a
injunction against the Mutual Union Telegraph Company,
George William Ballon & Co., and oth'ers. to restrain the
increase of the company's capital stock beyond $1,200,000.
The facts set forth in the affidavits upon which the injunction
was granted are similar to those in the suit brought by Pliny
H. Babbitt against the same defendants. In addition to granting a temporary injunction restraining the company and the
firm of George William Ballou & Co. from issuing or delivering any of the capital stock of the company m excess of
$1,200,000, an order was granted for the examination before
the court on Friday of Charles F. Peck, Secretary George H.
Holt, Treasurer, and George William Ballou, Vice-President
and acting president of the company. The purpose of this
suit is understood to be the same as the others, namely, to
check the work and progress of this company in building its
rival lines to the Western Union.
;
the
Mercur, Sterritt and Gordon. The opinion was written by
Justice Paxson. He took the position that there were two
objections raised against the bonds; first, that they are
usurious ; and second, that they are a substitute for stock. He
says that the first objection is not tenable, because interest that
more
is payable only on a contingency^ upon a contract to pay
than 6 per cent is not usurious if, under certain conditions, no
The second objection, he contends,
interest! s payable at all.
does not hold good, because he does not view the bonds as having any of the privileges possessed by stockholders. He discusses at length the meaning of the term "borrow," and says
that the company has a right to borrow in this particular way.
—The Secretary of the Treasury has directed a suspension of
the collection of taxes, amounting to about $500,000, due on
Reading Railroad " pay certificates." Secretary Folger decided
that the legality of the tax should be finally and authoritatively
adjudicated before proceeding to collect it
Union Pacific— At the annual meeting of the stockholdersdirectors for
in Boston, the following gentlemen were elected
the ensuing year: Sidney Dillon, David Dows, T. T. Eckert, Jav"
Gould, Solon Humphreys. Russell Sage and Augustus ScheU,.
New York; Elisha Atkins. Frederick L. Ames. Ezra H. Baker
and F. Gordon Dexter, Boston; Grenville M. Dodge, Council
Bluffs; Wm. L. Scott. Erie. Pa.; John Sharp, Salt Lake City.
Western Union Telegraph.—The company's report for the
year 1881 and the quarter ending March 31, 1882, gives the
surplus on January 1, 1882, as $1,035,278, and says that statement closed the last quarter of the first year's operations of
the company since taking up the American Union and Atlantic
& Paciflc telegraph companies, with the following results for
the calendar vear 1881
Orleans City Debt— A committee of prominent gentleappointed by Mayor Shakespeare to devise means for an
adjustment of the city debt met the city council March 2, and
submitted their report. It was signed by John T. Hardie, J. C.
Morris. 3. H. Oglesby and Nicholas Burke, while Mr. Henry
Gross revenues for year
*^S'^Sm?,«q
»-^^''--6^
dissented. The plan proposes the use of $3,600,000 worth of Expenses
premium bonds bought by the syndicate, but not yet de$7,379,127
Net profits
stroyed, and $6,000,000 of premium bonds not yet issued, and
the extension of all city bonds to forty years, bearing 5 per cent
From which profits have been appropriated—
$467,173
The plan will be taken under advisement by the For interest on bonds and sinking; funds
interest.
4,709,0o0
council.
For 6 per cent, dividends on capital stock
— »o,.^bb,^^ J
Total dividends and fixed charges
New
men
New York Pennsylvania & Ohio.— The rumor that Messrs.
Vanderbilt and Gowen would be elected voting trustees proved
to be untrue, as on March 3 a dispatch to President Adams
announced that at the election in London the voting trustees
were re-elected by the following majorities First mortgage
bonds. $22,000,000 against $3,500,000 ; second mortgage bonds,
:
New York
listed
" "
for new
construction
and investments
in
new property
.
l,22o,!)l&
. .
$886,988
^ ,„ „..
Deducting which leaves a net surplus lor the year of ..,..Which surplus, added to the surplus at the beginrungof
.
l'*'*-'''^'
the year of
f9.000.000 against $1,500,000.
been
-,Leaving surplus revenue for the year
j $2,112,903Out of which surplus revenue there has been appropriated .,„_,„,,
Stock Exchange.—The following securities have
Makes
the surplus Jan.
1,
1882, as
shown
In the quarterly
$1,0.15,. /
statement above
:
Houstou & Texas Central Eailway gcncral-mortKage 6 per cent gold
bondB, from No. 4,001 to No. 4,300, for $1,000 each, $300,000.
Louisville & Nasbville Railroad 6 per cent bonds on Louisville Cincinnati & Lexington Railway.-from No. 1 to No. 7,000, for $1,000 each,
$7,000,000.
ijenver & Rio Grande consolidated mortgage 7 per cent bonds, from
Jfo. 10.101 to No. 11,342. for $1,000 each, and No. 750 for $500.
Virginia Midland Railway common stock, $8,000,000; 6 per cent income bonds, $4,000,000.
Teiae & Paciflc Eailway (Eio Grande Division) bonds, fromNo.12,501
to No. 13,028.
International Sc Great Northern Railroad flrst-mortcage 6 per cent
bon*s, from No. 7.185 to No. 7,704; 6 per cent coupon mortgage bonds,
from No. 0.285 to No. 6,804, for $1,000 each.
Chicago Milwaukee & St. Paul Railway, Chicago & Paciflc (Western
Division) 5 per cent bonds, from No. 4.201 to No. 10,300.
Pittsburg Cincinnati i St. Louis Railway first consolidated mortgage
Vonds (to be transferred from the free list to the regular list), designated coupon, *;i, 000,000; registered. i(i:5,083.000; second consolidated
mortgage oupim bonds, from No. 1 to No. 2, jOO, for $1 ,000 ca'-h, to be
placed (m the regular list, to be a doliveiy only after registry in a name
and to bearer by the Third National Bank of New York.
Elizalietlitown l*xington& Big Sandy Railroad capital stock. 5.000,000; first mortgage bonds, from No. 1 to No. 3,500, for $1,000 eacli.
Chesaiieake & Ohio Railroad 6 per cent mortgage bonds, from No. 1
to No. 2,000, f<ir $1,01.0 each.
Houstou East & West Texas Railway first mortgage (Eastern Division)
sends, from No. 1 to No. 762, for $1,000 each.
" The management having determined to open a separate
account for construction and investments in new propertieswhich go into the plant, and provide therefor from the surplusassets in the Treasury, of which there are more than $8,000,000
in value of available securities, the item of construction does
not appear in the quarterly statement. This arrangement will
leave all the surplus earnings, above fixed charges for interest
and sinking funds, available for dividends
to be due to the stockholders."
which
;
is
believed
The net revenues for the quarter ending March 31, Inst,
bivsed upon nearly completed returns lor January, partial
..., -^^v
returns lor February, and estimating the business for
March, wiU be about
^IaoS'IJt?
Add surplus January 1 as above
__l!_l_l__
,
$2,583,273
From which
appropriating for
Interest on bonded debt
Sinkingfunds
$106,700
20,000-
126,700
;
Norfolk
&
Western
—The
Atlantic Mississippi
&
Ohio Rail-
Leaves a balance of
It requires for the payment of a dividend of I'a p.
capital stock
•
o.
$2,458,573
on the
1.19 9
50»
-
Deducting which, leaves a surplus, after paying div'sd, ol. $1,259 07»
A quarterly dividend of 1^ per cent was declared.
J
MjLBcn U,
.
THE CHRONICLK
1868.
293
COTTON.
COMMERCIAL EPITOME.
Fridat Nioht, March
The week nnder review has witnesned some
10, 1883.
revival of specn-
lative interest in staples of agrioolture, with operations looking
The spring trade makes good
progress, but
the Mississippi River is still an obstaole to business, by obstmcting transportation over a wide
area. There is, however, every prospect that the resamption of
inland navigation at the North will take place much earlier
to higher prices.
the very great overflow
r)f
than usual.
The market for provisions generally has been dull and drooping in the past week, bat toward'the close there was an importAnt revival of speoalation in lard, which caused an advance
independent of the r<Mt of the market. To-day was^dnll and
not readily salable. Beef and beef hams very quiet. Long
clear bacon worth scarcely more in this market than at the
West, and quoted nominally at 9)ia. Cut meats very quiet. In
lard there was an active speculatipn, and to-day closed at lO'CS
•01070c. for prime Western on the spot, lO'VOc. for April,
lO'SOc. for May and 1090c. for J une. Butter Las declined and
closes weak. Cheese met with a fair demand at full prices.
Ocean freights show a decline in rates for grain, although at
times shipmentsS have b^en quite liberal. Room is now plenty.
To-day grain was shipped to Liverpool at 3@3!^d and current
rates were 3d. to London, 3>^d. to Glasgow and 4s. per quarter
to Cork for orders. Petroleum charters have not been active,
but late business includes cases to Java 31@32c. and reQned to
,
London 3s. 4^d.
Kentucky tobacco has been qniet;
sales for the
week are only
450 hhds., of which 300 for export. Prices are nominally
unchanged. Seed leaf has met with a moderate demand, and
prices have ruled about steady. Sales for the week 890 cases,
all from the crop of 1880, as follows:
260 cases Pennsylvania
ll@17c.; 180 cases New England wrappers, 14@30c.; 250 cases Ohio fillers, 4@-l^c., wrappers, 10@14e., and assorted lots, 6@7c ; 200 cases Wisconsin,
including Havana seed, fillers, 3M@4c., and wrappers, 9@12c.
Havana fillers are in only light demand; sales 450 bales at
fillers,
t>@7c.,
and assorted
Friday. P. M., March 10, 1883.
o» THE Cbop, Bfl Indicated by our telegram*
from the South to-night, is given below. For the week endinr
this evening (March 10), the total receipts have reached 58,747
bales, against 51,980 baleti laat week. 60.1(0 bales the previona
week and 72,031 bales three weeks since; making the total
receipts since the Ist of September, 1881. 4,117,235 bales, against
4,810,212 bales for the same period of 1880-81, showing a decrease
Thk MoVRWEiTT
lots,
since September
Reeeipttat—
1,
1881, of 693,977 bales.
Hon.
Sal.
Galveston
Indlanola, Sec.
New Orleans...
Mobile
Wed.
Tutt.
IH.
Tkurt.
1,661
461
1,177
413
293
76
4,568
2,124
4,821
991
1,002
2,189
473
Pi:
529
3,180
1,310
205
402
60
14,307
3,830
833
1,786
1365
1.386
1^48
1,310
8,608
1,171
869
615
557
2,423
6,428
622
234
1,428
Florida
SavuDnah
Bninaw'k, Ac.
Pt. Royal, 4c.
192
393
356
131
123
Norfolk
CltyPolnt,4o.
955
1,877
2,238
1,624
1,737
321
1.625
1,183
New York
145
589
565
237
646
623
596
1,037
602
568
480
670
10
233
43
Wlliiiinfirton ....
Moreh'd
C.,<tc
Baltimore
Fhlladelp'a,
dto.
Totals this week
76
60
....
791
01iarle«ton
Toial.
963
6,913 13.485
1
1,056
331
10,096
1,183
3,034
3,779
111
121
39
333
6,673 12.038
58.747
18
8.582
622
For comparison, we give the following table showing the week's
total receipts, the total since Sept. 1, 1881.
and the same items
1881-82.
Reeeiptt to
This
Week.
itarch 10.
Oalveston
New Orleans
Mobile
Florida
Savaauali
Brunsw'k, <tc
Charleston
Pt. Royal, Ac,
,
Situx Sep.
1, 1881.
1880-81.
Tku
Week.
378,420
13,194
17,542
14,307 1,036,426
3,830 234,733
60
26,667
8,603 669,472
6,964
6,426 454,539
622
22,254
127,604
1,428
321
25,424
10,056 531,323
1,183 172,009
3.031
136,909
3,77y
165,221
121
14,077
51,914
333
50,653
10.786
4,568
..
In(liauola,4c.
and the stocks to-night
for the corresponding periods of
76
241
180
15,482
Since Sep.
1, 1880.
562,951
14,213
1,265,769
343,706
19.343
779,683
4,821
555,184
47,815
110,704
26,520
607,096
189,040
105,292
119,472
21,803
36,300
la.st
year.
Slack.
1882.
1881.
48,436 103,626
314.718 329,605
31,149 48,365
5,0ati
62,914
73,982
88c.@$l 20.
73
Rio coflfee has been firm but rather quiet ; the continued
9,260
46,790 56,930
small receipts at Rio Janeiro have given the position no little
1,541
4,381
1,613
strength ; the new cofifee exchange was opened a few days ago, WUmlngton....
1,416
5,065
5,033
and the first sale was at 8^c. forlow ordinary for May delivery,
M'head C, Ac
520
the dealing in coffee for future delivery in this way being a Norfolk
12,890
45,759 24,893
new feature in the trade. Mild grades have been firm but
aty Point, Ac
4,674
quiet.
Rice has been in better demand at very firm prices. New York
6,437
338,670 215,990
Uolasses has been firm .but quiet for grocery stock 50-degree8 Boston
4,281
10,827
8,556
test has latterly been quoted at 37c., showing a decided Baltimore
430
36,231
8,602
advance for the week. Tea has sold at lower prices in most PhlladeIp'a,Ac
3.670
14,111 15,191
oases at the auction sales, though Japan has been pretty
Total
.'J8.74-; 4.117.23.T 140.126 4.810.21C
9.19.051 897,561
steady. Spices have continued dull. Foreign dried fruits have
shown no features of speeial interest, the trade being in the
In order that comparison may be made with other years, wo
main rather small and prices showing no marked change. Raw give below the totals at leading ports tor six seasons.
sagar advanced to 7 6-16@7 7-16c. for fair to good refining,
1880.
1879.
1882.
1881.
1878.
1877.
owing to a better demand from refiners, but latterly trade has Meeeipts at—
been quiet, a number of cargoes coming to refiners being near Qalyest'n,Ao.
4,508
5,988
4,644
17,783
9,344
4,686
at hand, and the tone weaker. To-day fair to good refining
New Orleans. 14,307 50,653 28,039 34,950 25,850 19,063
was quoted at 1)i®1%c. The United States Supreme Court MobUe
4,325
10,786
2,631
3,330
6,263
2,884
has reversed a decision of the Treasury Department made
Savannah
5,311
8.603
15,482
11,330
3,443
several years ago by which a high grade of centrifugal was
2.939
Charrst'D,Ac
10,801
4,611
7,048
8,300
2,578
taxed $2 81 per 100 pounds on the Polarizaton test, and the
1,79G
1,936
69
1,719
2,906
2,166
duty henceforth will be |2 50 per 100 pounds, according to the Wllm'gt'n, Ac
Norfolk, Ao.
17,564
J0,615
11,239
8,473
7,651
5,186
Dutch
;
standard.
Hhds.
BeoelptH since Marob 1
bales »luco
March
Stook March
Stock Miiroh
8,
9,
1
1882
1881
14.703
13.347
6,658
27,030
Boxet.
1,383
5,132
G.997
Bag:
Uelado.
13,369
-.113
82.144
300.999
137
975,313
458
at one time very
All others....
7,327
15,121
11.732
10,861
10,620
4.531
Totthlsw'k.
58,747
140,126
61,368
78,490
82,261
44,537
Since Sent.
1.
4117.235 1810.212 4344.639 3998,320 3752,26i 3668,286
Qalveeton Insludes Indlanola; Charleston" includes Port Koyal, Ac;
though
WllmtaKton Includes Morehead City. Ac: Norfolk Includoji City Point. A*.
firm. Crushed closed at 9J4c., powdered at 9?ic., and standard
The exports for the week ending this evening reach a total
«oft white " A," 8?4@8%c.
of which 80,647 were to Great BriUin, 7,470 ta
Ingot copper has been dull and weak at 19c. for Lake of 101,211 bales,
France and 13,094 to rest of the C<)ntinent, while the stocks aa
Superior. Spelter has also been dull and depressed, and Silemade up this evening are now 959,051 bales. Below are the
sian has latterly been quoted at 5^@5Mc. and American 5M@
^. Pig iron has shown little or no quotable change, but has exports for the week and since September 1. 1881.
t>e«n weak, and late quotations are now nominal.
rrom Sept. 1. 1881, to Kek. 10, 1S8S
WUk EndInQ Jfck. 10.
Rails have
BxporUd to—
Bx^ort*d to—
been dull and depressed at |55@|57 for American steel and
ExporU
47 6O@$50 for iron. Lead has sold as low as 5c. for common
Oreat
CjnUContl- Total
Oreat
IbtaL
from—
nvnce
JVant.
domestic. Pig tin has been very dull at 2454®25c. for Straits,
nsnt.
nent. Wak. Britain.
Brtt^
and plates have also been slow of sale and more or less Oalveston
93,400 aeo,89>
13,777
1,9S«
A.914
depressed. Charcoal tin has latterly t>een quoted at |6@
New Orleans.. 43.848 8.M1 1«S0 53,9dO 44S,90t 177,441 tT4,8M 787,981
?6 37)6.
8,831
la.ass
0,313
Mobil*
Strained rosin has been quiet, but firm, at $2 30®$2 35 there riorlda
830O
8,voa
asojm
.86a
13,480
19SJ8S
is a st-arcity here, especially of the low grades, caused by the Savannah
Ml
7,018
1,431
4.987
ua,«oo
5,864 134.884 18.383
dearth of Hailing craft at the Southern shipping ports. Spirits Charleston*... 5,894
1,430
53.984
B,8ta
8,SU
turpentine has latterly been dull at 52@S2^c. Hides have sold Wilmington... 8,825
849.845
8.880
15340 M4J8B
5,444
9.444
moderately at firm prices.
Leather has shown no marked Norfolk
847.900
18,941
48,718
10J01
8.SS7
change and has met with a fair trade. Linseed oil has sold New Tork
81.WT
81.880
1
4.407
4.tS7
moderately at 60®61c. Lard oil has been qniet at 87@88c. Boston
8O,0Si
HJ70 78334
sjen 3.za7
Bsltlmore
Clover seed has been less active for export, but fairly active for
MM
88,878
(.000
2,000
home use, and quoted at 8^@9^c for Western and Canada. I'hilwlalp'a.ac
lOMll rits.Mo 899.0381 "ooi.OM 8^i,ia
Total
8o!e47
Salted fish has been firm and in demand; the mackerel catch, it
now appears certain, has been small. Refined petroleum has
TjtaltSSO-Sl 03,000 18.350 IM.lilll 84.9CTl.»7».aO«|401.a30i 718.0«0|J.88»,Ma
lieen dull and nominal at 7^c.
• IBolads* axDorU from Port RoraU Ao
Refined has been depressed of
late,
;
—
w
.
THE (JHRONHJLE.
291
In addition to above exports "«r teleeSTaiM to-nisht also eive
at
follosviui^ aiaoaute of cotton on shipboard, not cleared,
which
the ports named. We add similar figures for New York,
&
*re prepared for our special use by Messrs, Carey, Yale
Lambert. GO Beaver Street.
AT-
Great
Britain.
ew Orleans
23,204
None.
2,430
7,100
1,392
None.
1,700
140
None.
1.050
0,371
2.600
6,398
Cnarleeton
Coast-
8,887
22.930
10.830
Mobile
Other
France. Foreign
1,400
273
3,600
57,161
12,230
10,146
13,300
7,880
13,088
6.200
4,000
2.57.5.57
4,500
3,500
500
90
None.
None.
None.
70,237
9,937
33,346
5,505
124,025
835,026
106,143
90,487
25,303
13,541
37,472
48,250
8,933
7,201
227,851
159,479
669,710
686,918
<Balyenton
13.0.-;8
Norfolk
Wew
York
Other ports
Total
CD
o a
.
p,C.f5
.^ 73 fs
p<
03 c^
o
9*
isa-
£5-2
P'rf
:
^! o
:
S-
?
ii
i
a>
v. f
a.
to
18.899
36,644
49,614
None.
None.
None.
None.
None.
JBaTann.ali
—
:
E
m
Leaving
mock.
Total.
wite.
O 9X
03
Shipboard, not cleared—for
On
10,
XXXIV,
[Vol.
sjg'l' s;??®"
na the
Men.
1
K
05*.
Cm^O g©£B
os-I'g.
.C-'-'JJfft
40,.J56
'=o5. s°°^^
e-^wg"
P*»-'mS
ti^cOO
£«).-^?
te-^SlC*
eS)!-a
g,si.'^S
Ss.-'gP.'-CH^
32,671
la?
ffiO
332 470
66,615
OCCO
csoo
MOO
com
Sto
I
Total 1881
Total 1880
The market has been rather sluggish
Mi-. CO
MWO
'JO®
for futures this week,
The speculation
active.
in futures
opened
wmO
MO
CO
to day, but without
UPLANDS.
Sat. mou Taea
March 10
1
Sod
to too
C
^
Q
s
<D
totco
to
Good
91 la
9=8
Orel.. 107,6
Btr.G'dOrd
lO'ft
low Mld.l'K lln«
9li6
95^
107l6
lo-^i
llBie
Bti.L'w Mid 119l8 ll"fl
Middling... ll.it
Hid
Good Mid.. 12ie 1218
Btr.G'dMld 1288 1238
Mldd'gFair|1278 12^8
Fair
11358
1358
9»9
938
9'ie
973
^
V
Wed Th.
Frl.
Ordin'y.^lb 9l8
914
Strict Ord.. 911,0
913,,
Good Ord.. lOlg 100,8 10=8
IWed Th.
gifl
915,
.
Sat.
Good Ordinary
Toes
8i;,e
911,8
jj
Wxlct <K>«d Ordinary
low Middling
ntoir
8=8
358
$
953
95h
105,6 105,8
";;;: 113ie 113,6
.„.„
anddiing....:.
13
1238
1258
13i«
IS's
12%
1258
1318
1378
1038
1138
938
913,6
S.to
611,8
911,6
103s
1138
Bat
. .
Quiet
port,
Hon .'Quiiit and steady
Tues. Qt&Bfy, ii8ad.
Wed .itirm
Thorg Steiuly at i,f adv
JW. .'Firm at 1,8 adv..
'««mI
I
Con-
sump.
200
1,52
439
379
289 1,032
1,878
470
1,700
334
2,143
492
B.649
too
to to®
00.*^
0D..1
ODW
<IO
C-1
SIM
*"'
2.850
"Tt®
^.]®
MO
so
to to
to to
to to
CO
tow
to
too
K>tO
toco
COMm
dp
MMco
I
10
too
Soo
I
to to
cjiy,
cno
too
w
to too
UlUlO
66®
CO
ao
OOD
tOOM
M-oi
totpo
CJlcjlO
WM
to to
MtO
uo
Sw
MMO
to too
Too
®M
I
too
to to®
wto
to
66®
MM'o
to too
l^wO
01
MMuD
eii-0
I
to too
Sw
I
MM.x
to too
to to®
to to®
"to
M-.0
81 to
I
66®
0100
I
I
e.-
MMO
Mi-O
66®
CO
®r
I
601®
to to
OOD
MO
s
I
s
OtCJ,
s
I
o,<i
CO 00
I
^:^-i
cicj,®
010,0
00
s
M
^ o
I
too
tt*CO
CJiOi
M<l
Md m
o
oI
c;iyiO
Frl.
8%
9%
813,6
913,6
lOlg
lll«
rsro
00:0
<$
la
I
!
e»
l^i^O
'
I
1
MMffl
MMO
'JO
»0
-1-1
1^»
o>o
I
t
1
OtO
I
S
TT®
-IM®
ODO,
I
I
!«
I
S:
;
I
I:
I
•
Septem•Includes sales in September, 1881. for September. 314,000
ber-October foi- Ocrober. 416.400; Septeraber-Novomber for November,
511,200; September December for December, 1.47;), 100; Sr»ptemborJaniiary for January, 4,252,500: September- February for February,
2,230.100.
Transferable Orders— Saturday, ll-80c. Monday, ll-80c.: Tueaday,
ll-85e.; Wednesday, ll-85o.: Tliiirsdav. 11 ilOc: Friday, ll-9.5e.
Short Notices for March— Saturday 11-82; Friday, 1 1 82 a 1 1 -84.
:
;
,
Spec- IVonTotal.
ul't'n tU.
The
60
Sales.
87,500
52,300
01,900
2,418 107,000
2,080 74,400
2,(135 147,700
1,321
70
40
17C
9.681 531.400
'
2.900
-
Peicrs op Fdturbs are shown by the following ocmprehensive table. In this statement wiU
be tVund the
^aily market, the prices of sales for each month
each day, an(«
tie closing bids, in addition to the daily
and
total uales.
followintf
exchanges have been
12 pd. to oxcli. 100 Mar. for April.
17 pd. to exch. 300 May for Juno.
46 pd. to exch. 100 Mar. for June.
6 1 pd. to exch. 1 ,000 Nov. for May.
•33 pd. to exch. 1,000 Dec. for Mar.
•.50 pd. to exch. 1 .000 Oct. for May.
412
818
Thr Sales asd
^
I
CJ,CJl
mmVi
to too
au,o
SI to
Frl.
« *'"^'" ^'B actually deUvered the
day pri
or.
,^"0 uay
wlilohtliey arereoorted.
-SS?.^','*'.'*''"''"'."''^
.TlOMtotliaton
too
SO
I
CM
caw to
rfl,uO
tow
to to
CJ'O
to to
Il31»,(
BALES OF SPOT AND TRANSIT.
Ex-
to
I
ff®
OC''®
00
133,6
MAKKET AND SALES
SPOT MARKET
CLOSED.
I
I
Oil
010
0,Cfl
Th,
107,8
117,8
,£a>
to
I
113,6 11 H ill3,6
1158
1111,611%
1178
1113,6 12
121,6 1218
123,8
127
I2I3
12l4,6
1 2ll,< 12%
135,8
133i« 13'4
1313,, 11
l*ll8
Wed
I
tllOt
914
iS'- 101,6
1013,611078
10%
to
CIW
0^1
1121,6
127,8
1211,6
Th.
Fri. IVed
938
101,6
10% 1013,, 1078
Btr.G'dOrd 1013i6
llha 113,6 III4 113,6
liOw Midd'A 1138 IHio IH2 1158 1111,6 11%
Btr.L'wMId 1158 lliiia 11^ ll'g 1113,0 12
MiddUn*;.
111318 11'8
1115,6.I2I18 1218
123,6
QoodMkl.. 123,8 1214 125,8 127,,
'16 I2I3
129,6
Btr.G'dMld 121,0 121a 129,6 1211,, 12% 12li,6
MtU'g Fail 1216,8 13
131,8 133
1314
135,6
Fair
1311,8 13^
1313,8 1315|„ 14
141,8
STAINED.
12
too
to to
to to
aoM®
1011,,
tf^W
,-to
Sift
66®
9"
MMO
978
1011,6 10%
Ills
Ills
113,6
118,6 119,6 115g
1113,6 1113,6 1178
915,6
9"l6
10
lOiiielOUja 10%
lOl^lG Ills
Ills
113,8
11% 119i6 ll»ia 1158
1168 lliaialllSig ll's
ll'^ie 12
12
121,8
123,8 1239
1238
1258
1258
1211,6
1210,6 13%
1318
133,
13ll,« 13'?8
13'8
SCO
mmVi
WW®
938
913,6
<y»o
to©
CD do®
It-
MOS
66
*-—
too
too
s.-l
I
rotoo
to to
to to
NEW ORLEANS.
95,8
"^8
O30
10
lii
o
to to
I
Ordin'y.»lt
Strict Ord..
wtoO
dtOiO
WW
OiM
I
M t—aj
to to
to
^
—1-\
TEXAS.
Sat. nion Tnea Sat. mon. Taea
*.to too
to to
®.**
-1
I
too
to^^
I
I
to to
1^
6.-1
I
®9?ts
5)tH
1
I
51
to to
wwo
WOl
-J-JM
o o
o o
to to
tow
to
to to
1
toto
>-',-'
coc;')->
lb-
<1
10 to
I
I
Mm".]
l»^
—
to
«»
wto
Mt-
MO,
too
,iO
,
MM©
WtO
0D<0
WW
,C.M,_,
03 00,0
fX)
tendency at the opening was checked by rumors of complications
pointing to hostilities between Russia and Germany.
To-day
there was renewed buoyancy, and the week closes at about 26
Cotton on the spot advanced l-16c. on Tuespoints advance.
Early in the week there was a
day, and again on Thursday.
good business for home consumption, but latterly the demand
was mainly for export.
To-day there was a further advance of
l-16c., middling uplands closing at 11 15-16c., with a fair export.
The total sales for forward delivery for the week are 531,400
bales. For immediate delivery the total sales foot up this week
9,684 bales, including 6,649 for export, 2,859 for consumption
176 for speculation and
in transit. Of the above,
bales
were to arnve. The following are the official quotations and
sales for ?ach day of the nast week.
Meh. 4
to to
CO
tOMQ
bOtOo
WW®
00
K
Kl
W
much activity, and with frequent
reactions toward lower prices. On Wednesday, for example, the
On Thursday an upward
.«arly advance was wholly lost.
from day
M,-.tO
to to
SOD
I
to too
®
livers were again rising, and the flood in the main river exceeded
at some points all records. These influences caused an advance
MO
tO^lM
~l*.h.,
U
heavy rains in Tennessee and Arkansas, the tributary
-nere
to to
H-M
M
coO
I
tOK>
lO
overflow of the Mississippi River began to be very serious. There
®P
I
-MO
660
00
M
©5'
1
^MCi
»-*—,&,
with some depression on Saturday, growing out of the return
of better weather at the South ; on Monday the accounts of the
ODCO
MOM
^C
I
woo
MH»
--to
too
yet prices have advanced ; but spots are decidedly higher, and
bave been much more
oufcO
ceobO
•15 pd.
•34 pd.
•17 lid.
•77 pd.
•37 pd.
to exch.
to exch.
to exch.
to exch.
to exch.
100 June for July.
700 April for June.
600 May for Juno.
100 Mar. for Aug.
700 Apr. for July.
made during
35 pd. to exch.
•18 pd. to exch.
•31 pd. to exch.
•10 pd. to exch.
22 pd. to exch.
for April.
•41 pd. to exch.
for May.
16 pd. to exch.
•17 pd. to exch.
the week:
800 April for June.
200 Apr. for May.
800 Apr. for July.
400 Mar. for April.
100 Mar. s. n. llth
13th
300 Mar.
s.
100 Mar.
100 Mar.
for Apnl.
for April.
n.
Thb Visible Supply of Cotton, as made np by cable &ni
telegraph, is as follows. The Continental stocks are the figures
of la-at Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's retams, and consequently
brought down to Thursday evening; hf-nsr<, t.T make the totals the
complete figures for to-night (Mch. 10) we add the item of exrorts
from the United States, including in it the exports of Friday only:
.
March
:
THE CHKOJNKJLE.
11, 18(9 J
Blookat Uverpool
TS-t.OOO
bklaa.
6S,600
Btiok At Ix)adun
OrMt
Tolkl
Brttoln (took
780.600
1B2.000
3.750
43.000
2,200
39,300
20.600
412
.
Btook »( Ilarre
Btook nt MuraeUltM
took at Boroelona
Btook Kt naiuDnrtc
Rook M Bremen
at Amstenlam
Btook
Btook
Btook
Stock
at Rotterdam
at Antwerp
at otber oontl'ntal ports.
Total oontlne Dial porta
1S81.
1880.
1870.
728.000
44.300
576.000
20,900
SS2.0M
772.300
125,000
5.000
20,300
4,2U0
20,400
33,000
002,900
54.430
615.750
160.780
03.750
1,182
28.747
3,200
16.133
30,032
2,302
1,51)0
t.400
8,018
884
420
6,010
1.588
30.000
4.500
23.250
43,750
8.500
4.250
6.000
271.580
234.774
138,124
2%2.500
1,080
Ust year, and «incn Hept. I tbe receipts at all the towns kra
371, 18S bales less than for the same time in 1880-81.
RBoaiFTa FROM TH8 PuuTTATioiis.—The following table is
prepared for the piirpoM« of indicating the actual movement eaob
week from the plantationt. Keoeipts at the ontportH are nomeUmeH misleading, as they are made up more largely one ypar
than another, at the expense of the interior stocks. We reaeb,
therefore, a safer conolosion tbroogh a comparative statement
like the following.
In reply to frequent inquiries we will add
'.hat these flgnrw, of course, do not Include overland receipts
or
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 tliroogh the out-ports.
IWOKPTSFBOM
IFNk
Total EuroiwanBtoolu.. ..1,061.180
India cotton aQoat ror Europe. 3 17,000
Amer'D outtoa afloat tor Eur'pe 372.000
50,000
BKn>t.BraxlI,.)ko.,aBt for EVpe
Stock In United States ports .. 059.051
282.845
Btook In U. B. Interior ports..
7.300
United Btstea exports co-day..
1
741,024
174.587
506.140
32.370
840.397
289.996
20,000
,007,074
176,000
507.000
22,000
897.561
285.017
23,500
898,250
106,000
721.000
10.00}
629.975
159.418
26,000
U
Total vUlblesnpplr
3.049,476 3.008.152 2.616.520 2, 559.6
Of tbe aoove. tbe totals of Amerloan and otber desortptious are lui follows:
Amerteait—
American afloat
535,000
171.000
372.000
059.051
282.015
7.300
Europe
for
Onlted States stock
Onlted States Interior stocks..
Onlted Butes exports to-day..
Total Amerioan
199.000
65,600
stocks
for
429,000
132,000
506,140
846,397
289.996
26.000
552,000
180,000
507,000
807,561
235.017
23,500
417.000
245.000
721,000
629,975
159.418
26.000
2,330,290 2,535,078 2,229.539 2,198.393
X<Ut Intlian, BratU, *e.—
Liverpool stock
iHjndon stock
C.iiitiiientiil
India afluitt
Deo X8
••
Jan.
ao
6
"
13
97.58')
Kurupe
317.U0O
50,000
G^ypt, Brazil. Ac. arluat
147,000
26,900
6,124
174,597
32,370
176,000
44.300
54,774
176.000
22,000
135.000
63.7S0
37.500
108.000
19.000
Total East India, Jco
Tjtal Amerioou
7in.H0 473.074 386.9S1 361.250
2.330,296 2.535,078 2,229,539 2,198,393
Total visible supply
Price Bfld. Upl., Liverpool
3,049.476 3.008.152 2,016.520 2.559.043
6»8d.
7%
63igd.
S^al.
I.
HTThe imports into Continental porta this week have been
41.400 bales.
The above flffures indicate an increase in the cotton in si^ht
to-night of 41,324 bales as compared with the same date of 1881,
an tncrease of 4,32,956 bales as compared with the corresponding date of 1880 and an increase of 489,833 bales as com
pared with 1879.
At thb brrgRioa Towxs
movement—that
the
the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1880-81— is set out in detail in th-^ following statement:
'7»-'80. '80.'81. 'Sl-'ttJ. -TB-'SO. •SO-'Bl.
....
80
«7
Feb. 8
804.889
S06.973
88.874
101.490
t83J<8 809 JM8
3M.T01 80«.«SI
I83.UI1
138.8711
"
l».07n
147.189
10
17
"
Mch
138.931
883JI84 8IT.8Ca
871.88) 818.837
8S1.707
341.088 817.588
S!S.8l« 888.458
U0.l!6
Sll.OSTl;
TS19S18
133.783
MI.S.SO
24
8
Rtc'rUfnmPUmfm.
'Sl-'M -TV-tW. •M-'SI. 'Sl-^t
837,980 90I3;S 390.471 S58.48T
199.436 t9s.8ae S81.1S8 ass.oae
ttO.TSS
STIMM 387.684
I3».604
sTMia 3G9.BS0
•'
"
rLASTATIOIIS.
BtelpUtttthtPorU. Sfk at tpttrior nwru.
»ndint—
••
Llrerpool stock
Continental stocks
295
13<.359
138.189 74g0t«
188.074 84jOaO
tB9,a»4 77,89a
14S.838 e8.8R
148.807 B0.1M
18SJM1
:
The above statement shows— 1. That the
50,839 138.900
total receipts
i
8t,«48
from the
plantations since Sept. 1, 1881-82 were 4,387,783 bales; in
1880-81 were 5,090.606 bales; in 1879-80 were 4,640,728 bales.
2. That, although the receipts at the out-ports the past week
were 58,747 balas, the actual movement from plantations wa9
only 31,648 bales, the balance being taken from the stocks at
the interior towns.
Last year the receipts from the plantations for the same week were 136,900 bales and for 1880 they
were 53.239 bales.
AMonNT op Cotton is sioht March 10 —In the table below
we give the receipts from plantations in another form, 'and
add to them the net overland movement to March 1, and
also the takings by Southern spinners to the same date, ao as to
give substantially the amount of cotton now in sight.
shall
continue this statement hereafter bringing it down to the close
of each week.
We
1881-82.
Receipts at tbo ports to Marob 10
bales.
Interior stocks in excess of Sept. 1 on Mob. 10
Total receipta from plan tatlons
Net overland
Soutbem
to
March
1
consuraxitlon to
March
1880-81.
4,117.23.^
270,348
4,810.212
280.394
4,387.783
5.090,806
353.3."i5
415,017
135,000
155,000
1
fa
Total in sight
4.896,138
5,640.653
be seen by tbe above that tbe decrease lu amount in sight
to-night, as compared with last year, is 744,515 bales.
Ic will
—
Weather Reports bt Tbleoraph. ^There has been rain in
most sections of the South during the past week
it was
especially heavy in portions of the Mississippi valley.
Many of
the rich cotton counties adjacent to the Mis.sis.sippi River are
still largely under water, and a further extension of the flood is
feared. In the northern and we.stern portions of Texas thejr
had frost, snow and ice on Wednesday, but the sea-son is not
advanced enough for it to harm cotton.
Galveston, 2'exas. It has rained on four days of the part
week, but as the week closes there has been a favorable change
in the weather. The rainfall reached seventy-five iinudredths of
an inch. Ploughing is going on in the uplands, but in the
bottoms it was still too wet yesterday. On Wednesday there
was frost, ice and snow in Nortnern and Western Texas, b'ut it is
thought that no serious damage has been done. Average thermometer 60, highest 76 and lowest 44.
Indianola, Texas.— It has been showery on three days of the
past week, the rainfuU reaching Bfty-one hundredths of'an inch.
Farmers are busy ploughing on the highlands and some com
has been planted. We have had a frost this week, but not a killing
frost.
The thermometer has ranged from 39 to 77, averaging 62.
Dallas, Texa^. We have had rain on two days of t^e past
week, the rainfall reaching one inch and fifty hundredths. We
had a killing fmst on oii(> night of the week, and to the northward and wastward there was snow and ice, but probably no
serious d.image has been done. The thermometer has averaged
56, ranging from 33 to 79.
Brenham, Texas It has rained on two days of the past
week. Farmers are now ploughing, and a few are planting
corn. The thermometer has ranged from 40 to 76, averaging
55, and the rainfall reached one inch and twenty-five hun;
--2'
M
05 0J
M
-':
o'
—
M
10
00
© — >~'V»tai*
c* ^ to to ^
:Dr0UC:O0)*JaC0CffMM«4C0CiCii~txa
-^
a ro to 10 to :» -•
^ j; *. O CO
oo
O^o
;<>
toco
M
CD 10 to "1
p-"
&•
w > u 00 Ok QD a
w *.
r->
;x to to Id to
^
I
;,»
i— 35 *» »— iJ
—M
CD
------
O
-^~j*»;OtO'^
ft^^Oto*Oot*C'-J33t-*-ii:».Gooiaoat>c«
51
OiM — ^M
MCD MMtOtO
•J;??3O'»'^M-3-:'''»5W'»MC3pt0-It0
2
*^oowww — 'liars wxo:,ixto5x^ito
•^
03
iOA«-[^
CK}C3C0!S?:U&3
'ItOtO — 0D*.Ot
CD
I
—
WWOO — tOtO-^V^CDflftMa^o^AOai
CD'JtOi^OOO
>-;M00--OW'X>-r-.l*.0»»<»M».010»b-
S3
—
rocd
1-ii.rf
CO
^^
l-i
St >>
dredths.
C3
0"I0
1
— OOW-l^Jrfk
ca
.-•
9
JO
HKU — r^fKti
»0 r- -J
Palestine, Tttxas.—'^e have had rain on two days during
the past week, the rainfall reaching one inch and twenty-seven
hundredths. We had a killing frost on one night of the week.
Farmers are busy. Average thermometer 67, highest 79 and
lowest 33.
t
i *
MO-;
;i.
J^OOP
O
yy ^1 .wp.-'r'MMOaojo-j-iS.
'•
<o - oj at '*
Tbis year's flKures estimated.
'
I
J
Co oa
a
",0
',,fc
[jo
{J
Hew Orleans, Louitiana.—U has rained on two days of the
past week, the rainfall reaching thirteen hundredths oi an inch.
The thermometer has
average<i 67.
^The weather daring the past wedc
has been generally cl<'ady, with light rains.
The rainfall
reached one inch and ninety-nine hundreths. The thermometer
Hhrewport. Louisiana.
—
The above totals allow that th« old tnterlcr stocks have defreased dnnng the week 2,),480 halts and ire to-night 2,072 has ranged from 41
to 81.
taleB if.w than at the same peri, d last year.
The reoeipta at
I'icksburg, Mississippi.—U has rainetl on two days
tb« samo towna have been 34,283 bales less than the
same week past wjek, but la now clear and oool.
of tli»
.
.
THE CHRONICLE.
296
rain on four days of
nine
week, the rainfall reaching two inches and
" "
The thermometer has ranged from 50 to 80,
honcfredths-
Columbus, Mississippi.— "ffe have had
tie
pa.st
dajs,
'^^^'Xic, Arkansas.-Y^ have had rain on four
The rainand it has been clear on one day of the past week
Average
sixty-eight hundredths.
fall reached two inches and
thermometer 48, highest 77 and lowest 39.
days of the past
Nashville. Tennessee.— It has rained on four
hunweek the rainfall reaching six inches and seventy-three
rising rapidly.
dredths. The tributary rivers are higher and
Average thermometer 56, highest 75 and lowest 42.
of the
Mobile, Alabama.— It has been showery on two days
Ihe
past week, and the rest of the week has been pleasant.
an inch. The therrainfall reached sixty-seven hundredths of
mometer has averaged 67, the highest being 77 and the lowest
51
Montgomery, AHbama.—'We have had rain on four
days of the past week, and the balance of the week has been
cloudy and damp. We are having too much rain, which is reThe thermometer hag ranged
tarding farming operations.
from 49 to 79, averaging 64, and the rainfall reached one inch
and sixty-four hundredths.
,
,,
,
,
Selma, Alabama.— It has rained on four days of the past
week, and the balance of the week has been pleasant. The
thermometer has averaged 61, and the rainfall reached one inch
Oct. 1 to
March
[Vol.
1881-82.
1.
Bales of 403 lbs. each.
000» omitted.
Great
Britain
Conti-
XXXrV.
1880-81.
Great
Britain
Total.
nent.
Conti-
Total.
nent.
Spinners' stock Oct 1.
Takings in October. ..
240,
133,
265,
469,
27,
112,
336,
271,
129,
139,
400,
Total supply
Consumption in Oct.
361,
280,
373,
232.
734,
512,
298,
264,
241,
216,
480,
Spinners' stock Nov. 1
Takings in Xovcmber
81,
363,
141,
308,
222,
671,
34,
314,
237,
59,
551,
Total supply
Consumption in Nov
444,
280,
449,
261,
893,
541,
348,
264,
262,
216,
480,
.
25,
25,
539,.
610,
Spinners' stock Dec. 1
164,
ISS,
46,
338,
307,
352,
645,
84,
Takings in December.
332,
331,
502,
350,
495,
261,
997,
611,
466,
319,
377,
276,
843,
152,
261,
234,
253,
380,
514,
117,
269,
101.
241,
218,
Consumption in Jan..
413,
280,
487,
232,
900,
512,
386,
272,
342,
218,
490,
Spinners' stock Feb. 1
133,
255,
3S3,
114,
124,
238,.
Total supply
Consumption
in
Dec.
Spinners' stock Jan. 1
Takings In January..
Total supply
i
130,
713,
625,.
510,728,.
313,
242,
525,
289,
602,
Takings in February. 283,
and fifty-three hundredths.
,
,
Madison, Florida.— Vfe have had rain on one day of the past
403,
437,
497,
913,
840,
416,
Total supply
week, but not enough to do much good. The balance of the
270,
230,
232,
512,
500,
Consumption in Feb. 280,
the
but
warm
have
been
days
The
pleasant.
been
•week has
Planting is making good progress. Spinners' stock Mar. T 136,
207
265,
401,
133,
340,
nights have been cold.
Average thermometer 67. highest 76 and lowest 58.
We reach, perhaps, a more striking comparison with last year
Macon, Georgia.— 'Vfe have had rain on two days of the past
week. The thermometer has ranged from 43 to 80, averaging 59. by bringing together the foregoing totals, and by adding the
Columbus, Georgia.— It has rained severely on one day of
consumption up to this time for the two years.
.
the past week, the rainfall reaching seventy-five hundredths of
an inch. The thermometer has averaged 67, the highest being
73 and lowest 58.
Savannah, Georgia.— The weather has been pleasant during
The thermometer has averaged
the past week, with no rain.
65, the highest being 78 and the lowest 51.
Augusta, Georgia.— We had light rain on three days during
the early part of the past week, but the latter portion of the
week has been clear and pleasant. The rainfall reached thirty
hundredths of an inch. The thermometer has ranged from 44
to 81, averaging 62.
Atlanta, Georgia.—Vfe have had rain on three days of the
past week, the rainfall reaching fifty-nine hundredths of an
uich. Average thermometer 60, highest 77 and lowest 39.
Charleston, South Carolina. It has rained on one day of
past week, the rainfall reaching sixty-one hundredths of an inch.
The thermometer has averaged 62, the highest being 76 and the
lowest 50.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
—
March
9,
1882,
and March
10, 1881.
JfeA. 9, '82.
Feet.
Kcw
Below high-water mark
Above low-water mark.
Above low-water mark.
Above low-water mark
Above low-wat«r mark.
Orleans
Memphis
Kashville
Bhreveport
Vlcksburg
(I
36
42
31
Jlcll.
Inch.
8
O
7
o
Feel,
10, '81.
Inch.
H
5
2
12
45
41
2
10
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which w 6-lOths of a foot above
1871. or 16 feet above low-water mark at that point.
—
EoKoPEAN Cotton Conshmption to March 1. The cable
brings us to-day Mr. Ellison's cotton figures brought down to
March 1. We have also received the revised totals for last year,
and give them for comparison. The takings by spinners' in
actual bales and pounds have been as follows:
average weekly
Oct. 1 to
March
Bales of 400
lbs.
1880-81.
1881-82.
1.
each.
OOOd omitted.
Great
Britain
Contir
nent.
Total.
Great
Britain
Continent.
112,
Total
139,
Spinners' stock Oct.
1.
25,
Takings to March 1
..
1,581,
240,
1,243,
265,
2,824,
27,
1,525,
1,251,
2,776r
1,806,
1.470,
1,483,
1.218,
3,0S9,
2,688,
1,552,
1.419,
1,363,
1,156,
2,915,
2,575,
136,
265,
401,
133,
207,
340r
70,0
70,0
70,0
70,0
70,0
58,0
58,0
53,0
58,0
59,0
128,0
128,0
128,0
128,0
128.0
66.0
66,0
68,0
63,0
63.0
54,0
54,0
54,5
54,5
54,5
120,0120,0'
Supply
Consiunption
Spinners' stock Mch.
1
Weekly Cotisnmption.
00s omitted.
In October
In November
In December
In January
In February
»...
122,5
122,.>
122,5
The foregoing shows that the weekly consumption in Europestill continues at 128,000 bales, of 400 pounds each, and that
the mills both in Great Britain and the Continent, have better
stocks than a year ago—that is to say, together they hold
401,000 bales, against 340,000 bales same time last year.
—
New York Cotton Exchanoe. Three applicants for membership are to be voted on next Monday, the 13th inst., and
notices for transferring seats continue to be posted. One seat,
is advertised for auction in the Exchange room on the 20tb
In accordanceinst. to close a certain transaction in dispute.
with a resolution passed by the Board of Managers on the 6tb
the President of the Exchange, Mr. Robert Tannahill, has
been authorized to appoint a committee of three to take intoconsideration the question of life insurance and report to theBoard. The President has appointed for said committee Mr,
Siegfried Gruner, Mr. B. R. Smith and Mr. George E. Moore.
List of visitors at the Cotton Exchange this week
W. B. -Wright. Dermout.
D. N. Spur, Atlanla, Ga.
E. J. Bynain, Tarboro, N. C.
Ed. A. Graham, Montgomery, Ala.
inst.,
:
'
From
Oct. 1 to
March
1.
Oreal Britain.
Contitient.
Total.
For 1881-82.
Takings by spinners... bEdee
Average weight of bales
Tailing'*
\r\
pniiTirltf
Luther Borston, Wiudhain, Conn.
1,431,010
1,135,240
2,566.280
442
438
440
632,519,680
407,235,120 1.129,754,900
Av«rage weight
of bales....
Dr. Marshall, Milford, Del.
R. Tro, Louisiana.
J. Barksdale. Louisiana.
R. G. Lewis. Ila-n'kiu.sville. Ga.
D. T. Cannon, North Carolina.
—
For 1880<81.
faklngs by spinners., .bales
R. G. Balnbridge, Kansas City.
J. F. Hansen. Macuu. Ga.
Lawrence Hubbell, Philadelphia.
B. C. Richards, New Orleans.
1,347,020
453
610.200.060
1,130,120
2,477,140
413
448
500,643,150 1,110,843,210
Jdte Butts, Baggiso, &c. There has been no change in the
position of bagging during the week, and the market continues
quiet. There is a fair demand, but it is only for small lots, and
nothing is doing in large parcels. Prices are still nominally
unchanged, but it is probable that a shade less than quotations
At the close holders are
might be done by a prompt buyer.
According to the above, the average weight of the deliveries
pounds per bale to March 1, against quoting 8M@8)^c. for 1^ lbs., 8M@9c. for IM lbs., 9%®10c.
Butts are not
453 pounds per bale during the same time last season. The for 2 lbs. and 10M@llc. for standard grades.
very active, but a moderate trade has been done, and the sales
Continental deliveries average 438 pounds, against 443 pounds
are some 2,000 bales at 25/8@2Mc. for paper grades and 2%@3c.
last year, and for the whole of Europe the deliveries average for bagging qualities. There is nothing doing for parcels to
440 pounds per bale, against 448 pounds during the same arrive, and the market is dull, but steady.
period last season. In the following table we give the stock
CoMPARA-nvE Port Receipts and Daily Crop Movement.-—
held by the mills, their takings and their consumption, each A comparison of the port movement by weeks is not accurate
month since October 1, all reduced to bales of 400 pounds each as the weeks in different years do not end on the same day ot
the month. We have consequently added to our other standing
for this season and last season. It is a very
convenient and tables a daily and monthly statement, that the reader may
asef al sammary.
constantly have before iim the data for seeing the exact relative
in Great Britain is 442
—
.
— Maboh
THE CHRONICLE.
11, 1889. J
tnowment for the reaw named. The moTement each
been an foUowg:
since September 1. 1881.
month
hM
Sftei/ilt.
TkU
1876.
Hovemb'r
Deoemb'r
Jutuarj
]Minuu7.
.
888.492
942,272
956,404
647,140
447,918
236,868
675,260
901,392
787,769
500,680
449,686
98,491
578,533
822,493
900,110
689,010
472,054
388,848
689,364
T79,237
893,664
618,727
566,824
833,64:^
Sotalyear 4,033,541 4,508,528 4,215,929 3,836,564 3,501,300 3,561,055
Fgro't^geoftot.port
87-96
84-28
86-27
81-95
78'28
f«eeli>u Fel). 29..
'
'
This stAtament shows that up to Feb. 28 the receipt* at the
ports this year were SM.9S7 balM less than in 1880-81 and
183,888 bales less than at the same time in 1879-80. Ky adding
to the above totals to Feb. 28 the daily receipts since tnat time,
we shall be able to rea h an exact comparisjn of the movement
for the different rears.
1881-92,
Tot.Fb.-. a
Uob.l..
" a..
••
3..
"
4..
-
5..
-
6..
••
7..
"
8..
"
9..
" 10..
1880-81.
1879-80
1877-78.
1878-79.
Total
4,117,235 4,782,C62 4,319,950 3,951,024 3,678,729 3,627,522
Percentage of total
91-42
88-84
89-83
port rec'ptB Moh.lO
86 ."57
84 65
This statement shovrs that the receipts since Sept. 1 up to
to-night are now 664,827 bales less than they were to the same
day of the month in 1881 and 202,715 bales less than they were
to the same day of the month in 1880. We add to the table
the percentages of total port receipts which had been received to
March 10 in each of the years named.
IirsiA CJoTTos MovBMBST FROM ALL PoBTS.—The flgures which
are now collected for u-s, and fo.-warded bv cable each Friday, of
the shipments from Calcutta, Madras, Tuticorin, Carwar, &c.,
enable us, in connection with our previonslv-received report from
Bombay, to f urni-sh our readers with a full and complete India
movement for each week. We tirst give the Bombay statement
<or the week and year, bringing the flgures down to March 9.
UOXUAT SKCBIPT9 AMD SHIFliE>rr8 FOB FOITB TSARS.
JBhipmrittM
Tew
Oreal
tKu week.
Conti-
Shipments nnee Jan.
I
Oreal
Britain
,
Receipts.
1.
ThU
Conli-
{
Total.
tient.
1882'27,0OO 19.000 45,000 223.000130.000
1881 ;s,000 -24.000 -29,000 UO.OOO l!e2.000
1880 25.000 lAMOO 48.000 72.0001 106.000
1879, ti.OOO 4 0«>0 10,000 46.0001 50.000
1
Since
Week.
353.000
182.000
178.000
96.000
61.000
11.000
33.000
28,00o
Jan.
I.
455.000
282,000
268.000
184.000
Aooording to the foregoing, Bombay appears to show an
increase compared with last year in the week's receipts of 17,000
bales, and an increase in shipments of 16,000 bales, and the
flhioments since January 1 show an increase of 171,000 bales.
The movement at Calcutta. Madras, Tutioorin, Carwar, &o., for
the same week and years has been as follows
eALCOTTA, MADRAS. TimCOKI!*. CARWAR. BASOOOX AKD KDRRACRBE.
Shipments
Tear.
Oreat
Britain.
1883
2,000
5,000
this veek.
Continent.
\
Shipments
Total.
4.000
10.000
2.000
5,000
siTiee
January
OonlU
Oreal
Britain.
Iot€u.
nent.
83.000
64.000
45,000
53.000
123.00f
117.000
ilso:"".'" 8.000
8,000
19.000
2.5.000
6.000
3.000
1879
7,0<>6
10.000
32.000
21,000
53.000
The above totals for this week show that the movement from
the porta other than Bombay is 6,000 bales less than same
#eek hist year. For the whole of India, therefore, the total shipr
ments this week and since Jan. 1, 1882, and for the correspondisif
weeks and periods of the two previoos years, are as follows.
BZFOR-rS -rO BCBOPE from all INDIA.
Bhinments
Europe
io all
from—
Bombay
Ail other p'rts.
Total
1882.
This
1881.
Since
tctek.
Jan.
45,000
4.000
3.53.000
49,000
This
Jan.
1.
1830.
Since
1.
This
teeck.
To Liverpool....
To Continent ...
*
Totnl Eu r ope
a oantar U 98 Ibe.
Since
Jan.
1.
128,000
29,000
10,000
182.000
117,000
49,000
8,000
178.000
25,000
491,000
39,000
299,000
56.0001
203.000
This ladt statement affords a very interesting comparison of the
total movement for the week ending March 9, and for the three
years np to date, at all India ports.
Alkattoria Recbipts asd Shipmbtts.—Through arrangements
we have made with Messrs. Davieo. Benachi & Co., of Laverpool
«nd Alexandria, we now receive a weekly cable of the movements
of cotton at Alexandria, Egypt. The following are the receipts
And shipments for the past week and for the cotreeponding week
o£ the pievioos two years.
Sept.
1,
Stpt, 1.
4,000 818.800
4,600 144,888
5,000 184,000
8,848 88,464
8,500 250,000
2,000 143,498
8,500 361.388
8.848 378,464 10,500 892,498
1.
This statement shows that the receipts for the week ending
9 were 34,000 cantars and the shipments to all Europe
were 8.500 bales.
Hakohbstbr Market. —Our report received from Manchester
to-night states that the market is steady and busier with a slight
We give the prices of to-day
advance in prices for twwts.
below, and leave previous weeks' prices for comparison:
March
1882.
Twist.
a.
Jan. 6
••
13
" 20
" 2
Feb. 3
" 10
" 1
1881.
8I4 lbs.
Shirtings.
32* Cop.
4.
d.
9^310
6
938910
9>«310
9>4910
938910
6
R.
OotVn
Mil
Iwitt.
d.
9S
98
d.
9^8 910!l|
9H
-98
9lO<s
6^1
6»8
9%910>«
9^«10>s
6I>8
9^1»I0>4
«8
6H1
«7 10><
»7 10>« e'i«
24
MoUrs 9389 O'sO 6 «7 IOI9
10 9'i««Ui \1 6 »7 10>3 6<l8
Shippino Nbw3.— The exports
**
32« Cop.
Uplls
d
7>«»8
7i«»8
6
9^910
6
938 » iff, 6 5
9399 9''8l6 6
•'
9^910^
Ootfn
Mid.
8>4 lbs.
Shirtings.
Upl4»
d
1>S98 4>s
98 3
d.-
s.
9''898
9'ra»8
d.
6%
6^
Z'e
a»s
2'g
9T8»3
9''g»8
gZis
9°r910H
10»j98 2'8
9>g 910>«
10)«98 2''8 SIi«
638
9««»1038'6 I0>993 2'e 638
9>4
9
9''«,6
9
97
lO^i 6»n
ot cotton from the United
States the past week, as per late.H mail returns, have reached
106,847 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
the Chbosiclb last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
night of this week:
Kbw York—To Liverpool,
Total bales.
per steamer* Baltic. 1.268
City of
ParU. 2,081. ...Helvetia, 2,362. ...Humboldt, 1,131
8.397
Parthia, 1,555
To Hull, per steamer Romano, 170
To Havr«. per steaincr St. Cermaln. 509
170
509
807
369
60
To Bremen, jht steamer Neekar, 807
To Hamburg, per steamer Sllcaia. 369
To Antwerp, per steamer Waesland, 50
New ORLEANS—to LIverp'M)!, per steamers Alava, 4.487
Arclilteot.
4.525... Qnebec. 4.430
13,442
1.200
3,902
To Falmouth, per bark Carl. 1.200
To Bremen, jier steamer Kossend Castle. 3.902
Swallow, 3,866
To iteval. per ships Saranak, 2.920
per harks Cecilia. 1,197... Charles Bal, 2,700
10,673
To Narva. Rnssia, i>ei brig Frithlof, 791
To Vera Cruz, per steamers City of Merida, 1,820
791
Whit-
ney. 777
2,597
1 ,786
1.236
4,425
Charles-ton— To Liverpool, per bark C. E. Robinson, 1,738
To Rouen, per bark Helene, 1.236.
To Bremen, i>er steamer VIndoballa, 4,425
ToReval, per hark Tiierals. 1,825
To Cronstadt, per brig Pollui, l.OTO
To Non-koping, per bark Hilda. 1.197
To Barcelona, per bark Sunrise, 1,625
1,8-25
1,070
1,197
per brig Meroedlta,
237
1.862
1,602
Savannah—To Amsterdam,
per bark lima, 1,602
To Revivl, per brig Ceres, 741
To Cronstadt, per bark Westfold, 1 ,930
To EIsi lore, per bark Alphonse et Marie. 2,145
Catalina, 1,500
To Barcelona, per barks Altagraola, 1,706
To Corunna, per bark Ala. 50
Texas—To LiveriTOol. per bark aien Grant. 2,916
per
To Cork, for orders, per ship B. D. Meicalf. 4.200
Progreas,
barks Betty. 2,8-20 ...Gustav Adolf, 1,0/5
741
1,930
2,145
3,206
50
2,916
1,4.52. ...Vesta, 2. 120
11,667
Galeon, 1.147
To Reval. per barks Briedablik. 1,252
Salome. 1,590
Lyn, 860
WiLMiNOTDS—To LiveriKK)!, per bark Emily. 1,405
per
Norfolk-To LIverpiMil. per ship Belle O'Brien, 7,511
bark Kato
1
3,185,
85!00#
TM*
Sine*
Bzporta (bales)
1876-77
4,033.541 4,598,528 4,215.g2» 3,8^6,564 3,561.300 3,551,655
17.754
6,325
10,279
10,547
e.519
30.4731
9,969
9.782
12,465
12.171
S.
7,625
a.
16,505
12,432
4,567
19,628
10.803
10.056
32,985
22,115
19.653
a.
6.913
7,94'
21.006
13.404
17.175
8,531
8.
8.
9.829
9.740
6.673
9.860
13.485
28.94S
8.
15,631
8.873
8,722
3.582
12.300
24.435
16.415
6,561
11.056
12,430
18.576
a.
8.726
16,228
6.724
6,073
8.
6.711
8.473
19,011
18,764
12,039
TMt
Btntt
tsttk. Btpt.
425,770 458,479
887,349 968,318
951,078 1,006,501
983,440 1,020,802
543,912 571,701
291,992 672,72<»
Capt'mb'r
October..
3B,000
3.580.000
84,000
8.88S.000
Blnoe Bept. 1
1877.
1879-80.
Beoetpte (oantan'
1.
1876.
1879.
1880.
1881.
1880-81.
1881-M3.
week
Ttar Stgimiing atpitmbtr
JCMtM'y
297
AlaHHUlrto, Mgypt,
Itareh 0.
Bun ill.
4,849
1.405
10,135
1,376
2.(i24
Baltimoee— To Liverpool, per ste.-imer C.iril>l>ean, 1,376
To Bremen, per stn.imer Ohio, (addiliouiil) 312
Boston—To Liverpool, imr steamers Buigurlau. 2,486
342
Samaria, 911.... Virginian. :i.l 78
PillLAUELriii.^— To LlveriHWl, per steamer Lord Cllve, 1,600
Total
particulars of these shipments, arranged
form, are as follows:
Reral,
Cork, for
Breorders,
men Amtler- Vr*Hand Havre and datn (t sladt
Fatand Ham- Antand
lAverpool, mouth. Rouen burff. verp. Narta.
509 1.176
50
KewYork.. 8.397
8,902
11,464
N. Orleans. 13,442 1,200
2.895
1,236 4,425
OharlesloQ
1,796
1,602 2,671
Savannali..
4,849
Texas
2,916 11,667
Wilmington 1,405
Norfolk.... 10,135
843
Baltimore..
1.376
Boston
6,575
PhUadelp'a
1,600
The
6.575
1.600
106,847
in our usual
Barcelona
and
Co-
runna.
TolsU.
10.302
32.605
1.862 13,401
9.674
3.256
19.432
1.405
10.135
1.71S
6.575
1.60O
Total... 47.632 12,867 1,745 9.845 1,652 21.879 5,118 106,847
Included In the above totals are. from N'ew York to Hull. 170 bale*:
from New Orleans to Vera Cruz. 2.597 bales from Charleston to Norrkeping. Sweden, 1,197 bales; from Savannah to Elslnore, 3,145 bales.
Below we give all news received to date of disasters to vessels
eati^ing cotton from United States ports, etc.:
AiiERi<iL-F.. steamer (Fr.). from Now York, whioh arrived at Havre Feb.
12, experienced heavy weather Feb. 8 and 0: tbe sea tilled tb*
decks fore and aft, and damage to cargo was feared.
21ABINRR, steamer (Br.), from New Orleans, at Liverpool, Feb. 18,
exferieuced heavy weather, during which hail companioo wax
Hutsbed, cabin flooded with water, and susulncd oUlor danaga*
:
—
.
THE CHRONICLE.
298
mssocRi, Bteamer (Br.), from Boston for Liverpool, wliioli arrived at
Liverpool March 0, took flro wliilo disoliarging aad partially
BAKDKUTOHAM, steamer (Br ) The salvage suit of the Baker Wrecking
Company of Norfolk vs. the Bteamer Sandrmghara (Br.), has been
compromised, the owners of the vessel paying the aalvors the sum
(.Steamer Sandrinsrham (Br.), from G.ilvestou for
of «45.000.
Liverpool, with cotton, went ashore at Cape Henry, N»v. 5, 188J.J
IU.DT DnFFERis. bark (Br.), from Savannah for Liverpool, before
reported. Forty-eight bales cotton, damaged by water, being part
of the cargo of bark Lady Dufferia (Br.), for Liverpool, before
reported returned to Tybee, disabled, was esld at Savannah, ieb.
27; to Messrs. DaHin & Dresser, at an average of $39 50 per bale.
Cotton freights the past week have been as foUowH:
So
Do
3l8®^
sail
Fri.
3i„al4
Sis® ^4
e.
sail
So
Thurt.
3l6®'4
3igal4
.e.
e.
V
Bamborg, steam.i;.
38'
%•
at"
Amst'd'm, steam.e.
So
sail.
"*
Bis^'ie 'u^'ie SieS'^iB 6l6®^16 6i6®7ig 5ie®^i6
d.
sail
e.
Compressed.
—
LiVBBPOoL. By (jable from Liverpool, we have the following
(tatement of the week's sales, stocks. &c., at that port:
—
Mch.
ileh. 3.
Feb. 24.
Feb. 17.
10.
91,000
2,600
Of which exporters took
3.600
Of which speculators took..
61,000
Bales American
5,300
Actual export
9,700
Forwarded
734,000
Tetal stooit —Estimated
535,000
Of whto,> A Jierican— Estim'd
(ia.ooo
103,000
Total in. port of tiie week
52,000
61,000
Of whiun American
332,00(1
430,000 431,000
Amouutafloat
222.000
217.000 216,000
Of which Ameriuan
The tone of the Liverpool inarKet for rtv>uts and tuturw-s eaeu day ui Ihe
week ending March 10, and the daily closing prices of spot cotton, have
week
Bales of the
active.
The wheat market was quite depressed early in the week,
and at the West the speculation drifted into a semi-panic bat
reduced supplies at all points, and a marked falling off in the
stocks en hand, caused a reaction toward higher prices, which
was assisted by the large transactions for export, while prices
We now begin to feel the deficiency in
the crop of 1881. The Commissioner of Agriculture for Illinois estimates that the acreage sown to winter wheat last
autumn was considerably smaller than in the preceding year.
To-day prices were strong, but neith«r shippers nor millers were
showed a lower range.
..(f.
steam
Do
more
doing much, the market being left almost exclusively in the
hands of speculators ; No. 2 red winter, $1 33^ for April and
8aU...<2.
Baltic,
market, while from various causes the pressure to sell waa
quite urgent and general. Holders at this stage of the season
usually wish to reduce stocks in store, and when wheat
declined rapidly, the disposition to realize was augmented.
The coarser stuffs have also declined, and to-day prices were
barely steady at the reduction, although business was rather
;
e.
Siemen, steam,
So
Wednes.
3igai4
sail...d.
Harre, steam
Tua.
Mon.
Satur.
UTcnraol, steam d.
xxxrv.
fvoL.
01,000
3,700
2.500
44,000
6.200
13,000
731,000
527,000
56,000
3,100
1,180
42.000
3,600
5,500
742,000
526,000
102,000
76,000
331,000
209.000
58,000
3,500
1,520
46,500
5,700
8,S00
700,000
497,000
114,000
75.000
bales.
lieen as follows:
May.
Indian com has materially advanced. The receipts at the
West now fall below last year, and stocks rapidly diminish.
The Southern demand is held in check by the flootis. There
has been some export, which has had the effect, in conjunction
with the local trade, of advancing prices. To-day the market
was again stronger straight white and yellow grades were
very scarce, and 75c. was paid for prime yellow ; No, 2 mixed,
7054c. for April and 71%c. for May.
Rye has been dull and drooping. Barley has been dull, but
;
Oats have materially
closes with a rather better feeling.
advanced, but to-day were slightly lower, under more liberal
supplies ; No. 2 mixed, 50^c. for April and 49)^c. for May.
It is probable that the Erie Canal will re-opea for navigation
about the third week
The following are
in April, or
much
closing quotations
earlier
than usual.
:
FIX)UR.
Saturday Monday.
Wedties. Thursd'y.
Tuesday.
Friday.
Spot.
Fair bus.
at previ- Uarden'g.
Fair
Market,
12:30P.M
demand
met ous prices.
Harden'g.
Good
Active.
6%
Mia.Orl'ns
Sales
Bpec.& exp.
6=8
69|8
69l8
0%
613ifi
10,000
10,000
10,000
500
500
1,000
d tm ind
freely
freely
Mld.TJpl'db
13,000
2,000
15,000
2,000
met
65^
0i3ie
l.j.OOO
2,00c
2 spring...^ bbl. $2 75a 3 40
300*350
No. 2 winter
Winter superfine
3 7.)® 4 10
Spring superfine
3 85» 4.25
Spring wheat extras.. 4 40a 4 85
do XX and XXX... 5 00» 7 25
Wis. & Mien, rye mix. 5 h09 6 50
Minn, clear and 8tra*t 5 503 7 00
iViuter shipp'g extras. 4 654 5 10
do
and XXX... 5 25® 7 23
Sellers at
I
Steady.
12: 30 P.M.)
Market,
5
Quiet.
previous
Steady.
Steady.
steady.
Dull
Dull
and
and
easier.
easier.
prices.
Weak.
1
p. M.
Steady.
Barely
Steady.
steady.
The actual
sales of future.') at Liverpool for the same we-ik are given
below. Tliese sales are on the basis of Uplands, Low Middling clause,
nnless otherwise stated.
Delivery.
d.
March
036^^
636f,4
Detivery.
I
July-Aug
641,4 (»40„4
..6469494654
e^*^^i2g^
..
Aug.-Sept
..
Mayjune
d.
I
June-July.. 6^0p^ali9„^
|
666^4
634j4
March
I
|
634(4333,4
Mar.-Apr. . .634,j4®33,4_
oss^^
Apr.-May
pr.-May
688,4
M(|y-June
i«y-June ..6«,ja44gj
..645,4344,4
JuneJuly
661(54
Aug.-Sept
65<94
March
O-fis.
Mar.-Apr
63*64
641^ Apr.-May
63964
Tuesday.
March
Mar.-Apr
Apr.-May.
July-Aug
Aug.-Sept
631,4
634,4
. .
..
6Mj4a;33fl4
8cpt.-Oet
li^'^m
638,4338,4
May-June
643,4
June-July
Mar.-Apr
Apr-May
6*4^^
6*8^^
635„4
63»84
Aug.-Sept
(J54jj
Mav-Jone
June-July
648,,.
®46,4-»4l-4
Jnly-Aag .. 66ie4»62,4
636,4337,4
Mar.-Apr. «36,4
^3t^
..,o.
' pr.-May.
Apr.-May.
.
..6108434204
610,4342,4
May-June
ay-June ..6*6,4346,4
. .6*!>eiii*%j.
Jnne^luly
6*0,4
. .
664,4
657,4
An«.-Sept
March
Mar.-Apr
Anr.-May
May-Jiue
Jnne-July.. 649,4861,4
March
Fkiday.
July-Aug
638,4
Mar.-Apr
I
6-"8«4
Aug.-Sept
® 37,4338,4 March
I
'.6*3"
Mjiy-Jmie .6*6,4347,4
Jane-July ..660,4351,4
Apr.-May
fiRO,
Mar.-Apr
Apr.-May
U6*,4
668^4
Aug.-Sept
i>46,4
I
.May -J une
JuueJaly
.
655,4
C68j4a.C»,4
63*^4
6*8,4
66-^4
Sept .-Oct
6*6,4
639,4
-639,4
o*;*,!
Jnne-Jnly ..662,4'36i,4
July-Aug
666,4
May-June
6*6,4
657,4
636,4
Aug.-Sept
March
Mar.-Apr
ounc-JiUy
July-Aug
63b,,4
Jnly-Ang.
666,4
Sept.-Ort
Juu«^.July
6*7^
May ^ une
July-Aug
<'49,,4
6*3,4
661,4
6*7,,4
665^^
FRiD.^r. P. M.. jriroli 10, 181-2.
flour
market
depressed early in thj week, and
to figures the lowjst quoted in many
fell oT, aad shippers w-re not in tha
wa'» quite
prices of low grades fell
lajaths. The h>me tra
b
265
Detroit
11,670
Cleveland
Bt. Louis
Peoria
Duluth
Total..
Same time
I,7it9
28.237
1,320
,
149,519
81. 128.502
bush.
(60 lbs.}
bttsk.
(56
78,515
71,662
45,714
21,461
22,300
130.284
4,500
40,500
{At.)
197,115
77.000
24,485
1,500
7.000
174.310
226,950
434,936 708,370
524,289 1,577,390
liush.
(32
lbs.)
bush.
bush.
lia lbs.) (56 lbs
)
63,35*
59,215
4,043
5,790
7,604
9.400
6,128
12,650
6,430
10,700
386,789 158,347
527,096 104,139
26.963
24,887
208,808
""
41,450
'
574
4.741
8.950
,53,716
63.530
Total receipts at same ports from Dec. 26, 1881, to March 4,
compared with the previous three y^ars :
1882, a4
1890-81.
l,5Z9.5;i
1879-80.
960,431
1878-79.
1.123.359
6,952.277
17,974 269
7,017,833
2,797.811
499,378
6,143.713
12.645,23 1
5,325,140
2.186.817
350,914
7,875,620
22.899.623
3,552,6S2
1,328.651
459,360
11,803,897
13.761,934
3,4S 1.596
1,339,094
581,792
Totalgrain.... 35,241,568
26,651,833
36,106,330
38,968,313
Eloup
BREADSTUFF S.
The
....
Toledo
May -June
June-Julr
Aug.-Sept
(196 lbs.)
43,308
62,920
1881-82.
...637,4
...637,4
...641,4
52>4
81
110 •
Ill B
640,4
645,4
649,4
066,4
—
bblt.
661,4
C66«4
March
BarleyCanada No 1
Canada bright...
Milwaukee
. .
At-
May-June
June-July
72ifl
636^
|
West. mix. No. 2.
Western yellow..
Western wliite
Southern white..
I
June-July
July-Au^
May-June
641,4-3*.'i64
67
71
72
73
80
70
82
8j
Mar.-Apr
Apr.-May
6*3,4
6*4,4
®45,4a44,4
March
6S9„ Mar.-April
647^ April-May
8ept.-Oct.. .64*,4a4«,4
..64«,4 8*7,4
July-Aug
638,u
124 ®131
mixed
51
51
52
No. 2 mixed
No. a white
25
a 52
a 55
9 5tl4
40
White
Red winter
122 •31 36
Ked winter, No. 2 1 33 el 34
White
OatsMixed
3 65
3 75
00»2
OUoago
May- June
May-June
Thckrday.
63s,4
638,4
..
669,54
Mar.-Apr
.
Jnly-Anx
Aug.-Sept
March
259
709
636,4
June- July
d.
-.634,4
639,4
644,4
6*8,4
Wbdkbsday.
March
259 4 50
3
3
2
Western, Ac
M,iroh
|
I
4
flour, superfine..
662,4
I
Apr.-May
May-Jun"
Monday.
March
6 00 9 7 75
5 253 5 85
Rye
July-Aug
Delivery.
Mar.-Apr.
\
«1 37
®1 26
50» 8 25
009 6 75
family brands
South'u sli ip'g extras.
Com meal—
\
Spring. per bu9h. $1 14
Spring No. 2
124
6
72
State, 4-rowed... 101 •3104
75
90 a ....
State, 2-row6d...
78
90
Barley Malt-8130
Soulhom yellow.
115
Canada
72
Rye Car lots
State, 2-rowed... 100 310219
84
107
®1 10
Boat loads
4-rowed...
State,
8a
(From the " Ifeio York Produce Exchange Weekly.")
Receipts of flour and izrain at Western lake and river port S
for the week ending March 4, 1882:
BarUy, Rye,
Corn,
Oats,
Flour,
Wheat,
Saturday.
Mar.-Apr
Apr.-May
Wheat-
Com— West,
.T'6
City snipping extras.
Southern bakers' and
Brandvwine. *c
Buckw't flour. 100 lbs.
ORAIN
XX
Futures.
Market,
Patents
}fo.
Wheat
bble.
1,.532,243
bush.
Torn
Oats
Barley
Rye
Comparative receipts (crop movement) at same ports from
August 1, 1881, to March 4, 1882, as compared with the previous three years
nour
Wheat
bblg.
bash.
Lto-n
OAts
Barley
Rye
Total grain...
:
1878-79.
1881-82.
5,038,042
1880-81.
6,193,703
1879-80.
4,159,182
31,956.858
77.006.321
.59.340,556
66.171,023
61.570.1.53
10.119,510
3,103,773
73.434.147
26,451.645
10,071.639
2,812.750
16,973.937
9 181.393
3,273,046
67,892.761
53,829.329
20.342,578
8,380,870
1,538,135
145,079,783
172,U'5.737
160,171,354
151,933,673
2!.8.1j.3ia
3,974,71.>
:
.
Makcu
THE CHRONrCLEL
11, 1883.]
mm*
CompsntlvH ahipmenta of Qoar and gn,\a from the
porui from Deo. 36, 1881. to Uarch i. 1883, inolasire, for four
Tears:
1879-79
1878-80.
lBfiO-91.
lflfil-83.
7ft4.i34
1.J17,400
1.6S:>.ilO
1.113.403
bbU.
FJonr
The
tions.
299
feature of the week's bosineaa wa.i a deeline of
about ^0. per yard on medium grade bleaohed cottons, in
which snth popular makes as Lonsdale, Kroit of the Loom,
Cabot, Androscoggin L, fte., partieipated. This action was not
4.972.710 anezpected—as goods of this olaaa have been accumulating for
3,001,116
2,607.210
3.-J42.913
bnali.
Wtcat.
6,610.501 some time
7,54rt,R30
11,360.903
12.857,279
Oom...
past— and in other reapects prices remained without
«,7II0.841
3,312,220
2, 154,07(5
5.517,607
Cat*....
886,802 quotable change.
648.315
1,238,030
Print cloths were quiet with a drooping
1,125.009
Barley
242,827
338,830
429.9ra
405,357
Rye....
tendency, sales of 64x648 having been made at 8 ll-16c., while
15,025,069 66z60s were offered at 8^e. Prints were mostly quiet,
10,502,339
10,643,467
U-otalcraln .... 23,140,155
and
Rail ahipmeata from Western lake and river ports for the though leading makes eontinned steady in price, some large
ire«kB eaaed
lots of white ground standard fancies were clasnd out as low as
1879.
1880.
1981.
1882.
Week
Wtek
6^0,, less a discount. Qbghams ruled quiet in flnt hands, but
Wttk
H«e*
Mar. 7.
Mar. 8.
ifor. 5.
Mar. 4.
110,493 fairly active with jobbers, and there was a limited business in
102,472
139,813
bbU. 168.980
FJonr
.
Wheat
buih.
Oom
Oata
Barter
Bj-O...
Total
191.273
808.569
881.936
66,532
30.991
207,297
863.146
368,926
88,178
87,512
1.396,301
1,501,359
Bail and lake shipments from
V(Mfc
mUHna—
Mar.
WTuat,
Flour,
bbU.
5. ..163.1)90
Feb. 25. ..129,191
Fei. 18...15.%.507
Feb. 11... 150.296
270.175
285.971
131.101
251,526
212,196
73,306
20,311
719,585
638.510
259,935
71,986
23,610
2,283,210
1,713,635
220,380
1,729,023
same ports for last four weeks:
Barley,
Rye,
Oatt,
Oom,
b%uh.
InuK.
893,759
1.131.958
1.591.500
1,862,117
281,996
287,019
500.261
627,361
bush.
ftiuA.
06.532
91.762
85.802
110,227
39.991
18,128
10.049
39,975
91^,373 5,179,631 1,690..533 351,323 111.015
4w'lu'81.. 520.193
761.851 3,001,371 1,912,711 337.613 139,201
Exports fmm United States seaboard ports and from Montreal
for week ending March. 4, 1883:
Rye,
Peat,
OaU,
Oom,
Wheat,
Flcur,
Tot., 1 wlti.597,971
bbU.
HewYork
91.911
9,953
Boston
Portland
1.100
9.221
2,670
Philadelphia..
Baltininrn
New Urlcans..
Total for
Same Ume
Wk
1
"81.
155,212
17.861
biuth.
busK.
153,907
11,700
10,000
87,000
136,317
526.009
170.637
729.990
719.276
buth.
buth.
2,931
bush.
32,021
9,200
1.135
18.195
1,512,621
DoMBsno WooLXN Goods.—There was a steady demand for
heavy woolens by the clothing trade, with most relative activity
in the finer
grades of cassimeres, saltings, worsted coatings,
cheviots and overcoatings, many of which are under the control
some time to come. Union and cotton warp
cassimeres have also received a fair share of attention, and
there was a steady movement in cloakings and sackings on
account of former orders.
Satinets were less active, save in a
of orders for
few of the best heavy goods, which changed hands in fair
quantities. Kentucky jeans were very quiet as a rule, and
selections were almost wholly of a hand-to-mouth character.
Dress flannels were in good request, but other flannels remained
quiet, and there was only a limited call for blankets.
Worsted
dress fabrics, also nun's veilings and buntings, were distributed
in fair quantities, and there was a good steady trade in
ingrain, three-ply and tapestry Brussels carpets. Prices of
woolen goods are generally firm, and stocks are in very good
shape.
2,931
1,871
41.221
13.991
71.658
The Tisibto sapply of grain, comprising tbe stocks in granary
at the principal points of accamiilation at lake and seaboard
ports, and in transit by rail and water, March 4, 1882, was as
follows:
Rye.
Oaf,
Barley,
Com,
Wheat,
buth.
buth.
buth.
buth.
huah.
In ttore at—
42,960 112,315
3.114. '>.")0 2.721,181
350.813
Hew York
80.000
l>0«,000
50,000 265,000
Do. afloat (est.)
823,000
90.500
7S.O0O
20,100 270,000
Albany
10.400
4,472
205,315
3,077
41,361
329.651
Buffalo
Obloaso
.M 3.748.137 5,106,858 803,281 277.181 134,322
269,219
108,273
9,187
22,160
Milwaukee
1,621.303
753.971
Duluth
8.511
455,811
10,000
10,452
706.552
Toledo
7.015
28.285
16,658
756.712
Detroit
8.000
120.000
500,000
75,000
Otwugo
oi'.ooi
128,183
69,112
965,201 1,691.809
St. Loula..
10,129
2,137
469,101
89.5S1
14.944
Boston
6,223 251.118
16,877
313.717
Toronto
77.561
38,511
51.6Y5
19,951
73.833
Montreal
2:t2,735
135.000
llO.S.iO
Philadelphia
375.989 201.366
7,3l6 io6',ib2
11,613
Peoria
69,000
113,100
18,500
230.300
Indianapolis
.
112,000
26,000
211,000
8,953
7,578
Kansas City
601.518
1,391.380
Baltimore
90,190
2,950
82.202
Down Mississippi.
000,000 315,136
72,000
10,000
350,000
On rail.....
2.179,301
cotton dress goods.
16.118,519 11.200.2192.293,211 2.318.360
17.015,892 15.6.'56.32W 2.112.223 2,286.407
17.800,511 17.215.218 2.911.393 2.344.911
18.131,223 17,987.770 2,933,208 2.671.980
Do. Feb. 4. '82... 18.027,998 18,313.139 3.180,306 2,792,783
Do. Mar. 5, '81.. 21,356,235 15,662,758 3,108,151 2,968.123
Tot. Mar. 1,'82..
Do. Feb. 23, '82..
Do. Feb. 18. '82..
Do. Feb. 11, '82..
1,160.086
1,110.817
1,115,309
1,167.792
1,115,026
703,652
THE DRY GOODS TRADE.
Fbioat, p. M., March 10, 1882.
The jobbing trade in dry goods was fairly active the past
week, and though retailers are porsning a caationa policy and
gOTeming their purchases by a<^taal wants, the volume of bnsi.,
Bess in this connection was by no means unsatisfactory. The
demand at first hands was somewhat irregular, and, upon the
whole, sluggish, jobbers being pretty well supplied with most
deoeriptions of seasonable goods for the present. The cotton
goods market was unsettled by a break in bleaohed cottons^
and some large transactions in prints were stimulated by lower
prices ; but values of other cotton goods remained unchanged,
and woolen goods and nearly all imported fabrics were steadily
held. The auction season has fairly commenced, and some
large lines of silks, &c., were offered at public sale, but with
indifferent results, the demand having lacked spirit.
Domestic Cottos GkwDS. The exports of cotton goods for the
week ending March 7 were 3,001 packages, including 1,663 to
China, 290 to United States) of Colombia, 265 to Great Britain,
269 to Argentine Republic, 69 to Mexico, 63 to Hayti, &c.,
making the total exports since January Ist 23,558 packages,
against 23,999 for the same time in 1881. There was a moderate
call for brown, bleached and colored cottons by package
buyers, and the jobbing trade was of good aggregate propor-
FoREiGU Dry Goods were in steady but moderate demand
first hands, and fairly active with jobbers.
Dress goods met
with considerable sales, and black and colored silks, Rhadames,
merreilleni, moires, brocades, &c., were distributed in fair
quantities at steady prices. Men's-wear woolens were rather
more active, and while linen and white goods were in fair
request, there was a satisfactory business in Spanish and other
Kid and fabric gloves were
laces, and Hamburg embroideries.
in fair demand, and British and German hosiery continued to
move steadily at unchan(;ed prices.
at
Imporlatlona of Dry Goods.
The importations of dry goods at this port for the weeV
ending March 9, 1882, and since January 1, and the same fact
for the corresponding periods of 1881, are as follows:
S S
*
K
«l
*
Snt'd
Total
Flax
8Uk
Wool
Cotton...
Ulgcellaneo
at
Total..
yfunuiaotiir
foroo
I
the
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:
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mm
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rn
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GOOMkO^
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tob-iw
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v'fl
tou&vai
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,
THE CHRONICLE.
300
Suretyshiip The
Sonds of FOR
OFFICERS AND EMPLOYEES HOLDING POSITIONS OP TRUST.
The Guarantee
Co.
OF NORTH AMERICA.
270,000
320,000
200,000
TTT.
CMh capital
Cash a««eU OTer
Deposit at Albany
.^_^
President;
8IE ALBX. T. GALT.
General Manager:
I
KDWAKD HAWLIMO*.
I
WBTT YORK OFriGE
No. 47 WIIiLIAM STKEET.
Company
tils
Is
4 Clinton sts., Brooklyn,
Cor.of Montaeue
N. T.
This Company Is authorized by special charter to
act as receiver, trustee, guardian executor, or administrator.
,
^
It can act as agent In the sale or management ol
real estate, collect Interest or dividends, receive
and
purchase
make
reirtstry and transfer »ooka, or
sale of Government and other securities.
ReliBiouB and charitable institutions, and persons
anaccustomod to the transaction of business, will
and this Company a safe and convenient depository
CHA8. B. MARVIN, Vloe-Pres't.
(or money.
AMERICAN
NEW
OF
YORK.
1375.018 00
Xasets
250,000 00
CapltarinVested InU.S. Bonds..
On deposit with Insurance Department.. 100,000 00
Officials of Banlis. Kallroads and Transp'Ttatlon
Companies. Managers, Secretaries and Clerlts of
Public Companies, Institutions and Commercial
arms, can obtain security from this Company at
moderate charges.
».,,..,_
The bonds of this Company arc accepted by the
courts of the State of New "i urk.
Fwli Information as to details, rates, Ac, can be
obtained on application to head olhce, 187 Broad-
Wm! M. Richards,
Prest.
W. Harvky
Directors— Georne
John M. Crane,
See'y.
Lke, Inspector.
Hopo.G. G. Williams, Geo.
T.
Stranahan, A. B.
Hull, A. 8. Barnes. S. B. Chittenden, H. A. Ilurlbul
W. G. Low, David Dows, J. D. Vermllye. Alex,
Mllohell, Wm. M. Richards.
8. Coe. Charles Dennis, J. 8. T.
FOR CHOICE
P£R CENT,
SOVTHEUN
8 l'E» CENT,
WRITE
SMITII Ac CO.,
FRAKCIS
rndlannpolli. Ind.. nnd RIontKoiaeiT.
&
R.T.Wilson
LIBRARY ST., PHILADELPHIA,
PORTLAND BLOCK, CHICAGO.
434
•
$1,000,000
Capital Stock,
SOUND INVESTMENT SECURITIES furnished
to Corporate
conducted
Counties. Towns and Citiea, and for Railroad
panies and other Corporations.
plication.
JOHN C. SHORT, President.
JOHN C. NEW. Vice-President.
Wn. P. WATSON, Sec'y and Treas.
purchase and sale of Stocks and Bonds on Maniin
or for InTCstment.
Complete P'inanclal Report issued weekly to our
oorrespoodent!.
IlVYESTiHE.NT SECURITIES.
&
desirable
St.
& Northern
Joliet
Farmer,
and Attorney.
Solicitor
solicited.
&
J. P. WIi\TRIlVCiHAI«,
GAS, INSUKAKCE, BANK STOCKS. &o.
SECUBITIBS BOUGHT AT THE AUCTION SALESNo. 36 PINE STREET,
NEW
Co.,
BROADWAr, NEW YOBK.
*jlTY OF SPRINGFIELD, It!,.,
^FUNDINO 5s,
Louis Kpolmk 4 Northwest. E'way Seouritle*
Qiiinoy Missouri & Paolflo RaUway SeouritiM,
A Texas
H'y SoouriUes,
VaUey Railroad of Ohio Ist mortgage 7e,
White Water HE. of Ind. Stock. Com. and
Pref.,
Terr* Haute BB.
mon) Stock,
Conn.),
A Derby Railroad Stock,
DEALT IN BY
sahvel h. barrows
&
A. H. Brown
T
Co.,
BANEERS AND BROKERS,
Wall St., Cor. New, New Vork.
INVESTMENT SECURITIES.
No. ir
&
BUT
Foote,
A2n> 6KLL
AND ALL KINDS OF
BROOKLYN SECURITIES
DEALT IN.
SEE OAS Q UOTATIONS IN THIS PAPER.
WALSTON H. BROWN.
FRED. A. BROWN.
HERBERT P. BROWN.
DEALER
Co.,
Walston H Brown & Bros
.
11
NASSAU STREET,
BASEMENT.
nonnty,
Cit^ifc Town Bonds ot West. States.
J^Wlsconsin Central RR. Old Land Grant ^onas.
Bonds
St. Joseph & Western RK. Stock.
St. Joseph & PaciSc RR. Bonds.
City of St. Joseph Mo., Old Bonds.
International Improvement Co. Subscriptions
Brooklyn Elevated RR. Securities.
"^
American Cable Co. Subscriptions.
Midland Ua.lroad of N. J. Securities.
Chicago Ic Grand Trunk RR. Securities.
South Carolina KR. Securities
RR. stock.
? Indiana
R'^f," ^?fy,'
Cincinnati
Richmond
& Fort Wayne Stock.
Bought by WM. U. UTLE?.
No. 31 Pine street, new York
Groesbeck & Schley,
BB OKEBS,
WAU,
STKUET,
«BW YOBK,
BANKERS,
Pine Street, New
York.
SPECIAL ATTENTION GIVEN TO THE NEGOTIATION OF
RA1I.ROAD SECURITIES.
FORDYOK D. Barker,
Henry
Member N. T. Stock Exchange.
Barker
tl
&:
&
C.
Tineib
Tinker,
STOCK BROKERS,
33 BROAD STREET, NEW YORK.
BOOM 8.
Buy and sell on commission,
margin,
all securities
for Investment or on
dealt in at the New York Stock
Exchange^
KBNBBT GBOBSBBCK,
GRANT B. SCHUT
Members N. Y. Stock Exchange
^o. IS
NEW YORK.
GAS SECURITIES.
other quotable Construction Stocks.
com
STREET,
WALI. STREET, STREET RAILROAD STOCKS AND BONDS
Ohio Central Subscriptions,
Richmond 4 West Pt. Terminal & W'houslng Co.
New York, Chicago 4 St. Louis Subscription, and
all
WALL
GAS STOCKS
STANTON,
S.
08
St.
YORK.
Geo. H. Prentiss,
IN
American Cable Construction Company,
Continental Construction and Improvement
North River Construction Company,
BBOAD eTBSBT.
Counselor,
GOVERNMENT BONDS, STOCKS AND MISCKL.
LANE0D8 SBCUBITIBS.
IT
88
New York.
Practices in the District, Circuit and Supreme
Courts of the United States and of the State, io
all classes of cases. Has no other business, and devotes his personal attention and ail his time KWluHvely to his profession. Refers to Bank of Monroe.
Ists.
Ists.
No. la
bonds
ADDRESS:
tiew Baven
St..
MONROE, LOUISIANA.
Ists.
Hatch
J.
Un« BaUway Stock (of
Louis
Columbus & Toledo
always in hand
Shore
W. W.
WANTED
BANKERS,
&
BEERS,
B.
16 Court.St., BrQOklyn. 31 Pine
Special attention to business of country banks.
Cincinnati Richmond Sc Fort Wayne Stock.
Cincinnati Hamilton A Dayton Bonds
8t. I/)ul« Vandalla
CO.
Bought and Sold by
FRANK
NASSAU STREET,
17
MEMBERS OF THE N. Y STOCK KXCHANQF.
A strictly commission business conducted in the
Uttle Rook Miss. River
Wibbitv.
Brooklyn Gaslight Company Stock.
Union Ferry Company Stoclt.
Nassau Gaslight Company » Per Cent Certificates.
Brooklyn and New York Bonds,
Bank, Insurance, and other Local Stocks.
Albert E. Hachfield,
Indianapolis
Beasley
C.
First and only Mortitage 5 Per Cent Bonds.
Deals iB Investment Secnrltles and
Bonds Generally.
ST.,
W.
Otto
Y. Stock Exchange.
BROOKLYN CITY RAILROAD
Com-
WILL BUY OR SELL DEFAULTED BONDS or
convert them Into interest-paying investments.
Circulars and other information furnished on ap-
Coleman Benedict & Co.
No. 21 BROAD
NEW YORK,
STOCKS AKD BONDS,
A.
Member N.
IT1B8 on Commis'ion.
Co.,
1864.
Correspondence
CHAS. K. RANDALL,
for
ANIZATION of Railroad Compan<es and other
orporations whose property is In the hands of
Receivers or Trustees.
AIn.
E8TABL.I8UED
of
for
WILL CONDUCT THE FINANCIAL BE-OR-
2 Exclianee Court, Nenr Vork.
assortment
Wierum,
50 EXCHANGE PLACE,
Broilers in Railroad Stocks and Bonds,
Railroad Companies having lines under construction, and their Bonds purchased or negotiated.
FINANCIAL NEGOTIATIONS
&
Randall
and Private Investors.
CAPITAL FURNISHED OR PROCURED
BANKERS AND COMMISSION MERCHANTS
An
MISCELLANEOUS 8ECURITIK.«.
WILL BUY AND SELL INVESTMENT BKCUR-
Mortgage Loans,
INDI.INA 6
TRUST COMPANYS' STOCKS,
& Bonds
City and otlier Railroad Stoclcs
GOVERNitENTS * FOREiaN EXCHANQE,
COMP'Y,
Bonds of s^Tiretysliip. FINANCE
5 & » NASSAU ST„ NEW YORK,
C«.
DEALER IN
GAS STOCKS AJMD BONDS,
TELEGRAPH STOCKS,
AND
Alex. McCue,
Chas. R.Marvin. A. A. L,ow.
E. F. Knowlton, Abm. B.Bayiis, Henry K.Sheldon,
H.B.Pierrepont. Dan'lChauncey. John T.Martin.
Alex. M. White, Josiah O. Low, Edmund W.Corlies
Frederic Cromwell.
WM. B. BUNKER. Secretary.
solely that of
NOYES,
C.
NASSAU STREET, NEWr VORK,
Rolfe,
Guarantee.
FIDELITY &. CASUALTY
WM.
31
TRUSTEES
Wm. B.Kendall, Henry Sanger,
JohnP.
XXXIV.
Financial.
Brooklyn Trust Co.
Where all Information and forms may be obUlned,
or from the Head Offlce, Montreal, Canada.
bnstnesB of
[Vol.
Financial.
financial.
The
:
&
S
C. I. Hudson
Co.,
EXCHANGE COURT, NEW YOBK,
Branch Office and Private Wire
at the " CuiLBEaLAND," Broadway and 22d Street.
Buy and sell on commission, for Investment or on
margin, all securities dealt In at the New York
Stock Exchange,
T.
0. 1. Hudson,
Cubt&.
B. B. iilAB
H
V«mb«rN,Y.Stg«k£xcli.
:
M4RCB H,
THE CHRONlCLt.
?H8I.J
Financial.
Financial.
JOSBPB
P.
W. C. McKCAN
Mtmbtr ut N r Hiock Bxeta >tt
LLOTD.
.
.
Lloyd 6c McKeaii,
84 WALL MTRKRT, NKtV YORK.
Bar and sell— on oommlsMon—<)oT<-rninent, Ball
nr uid MUcollMiMut SaonrltlM. RaMlt* dcpotlU
ubjact to check, and allow Intorwt on balanoM.
t
J D.
rHINCI. JAS. WUITBI.Y. H.
IlAHItr
w.
Mo
('.
U.
CKDOKB OAKLXI
LOOAH, Maynaho C. Bykb.
TiurKiU. Speolal I'artnar.
Prince & Whitely,
64 BROADWAY, NEW YORK,
(Brnnrh OOlrr, ISO Kinh Ayriiur).
acd Now
^^
llftTep.
Boardman,
Lansdale
STOCK BROKER,
-OFFICK9-
H*.
BROADWAY, NEW YORK,
SO
UALI. nciLDINQ, TKOV, N.
Oonnoctod by Prlrate Wire.
Y.,
All leoorltlM dealt In at the N. r Htock Kzohange
booffht and sold on commlulon and cariieil on a fair
aurgln. Interest allowed on credit balances.
.
WAUtBB.
N.
Walker,
Buy and
gin, all Securities dealt tn at the New York Stock
Kzchange. Interest allowed on dally balances.
Partieular attention paid to ordan by oiatl or talegraph.
&
Buttrick
H.
New
York.
BONDS, STOCKS and 1NVK8TMRNTSECURIT1E8
BOUOIIT AND SOLD UN COMMISSION
A.BrTrnirK.MemberoftheN.r.StockKzch ge
Kli.im a n. Member of the N.T. Mining Kzch'ge
C.
Wm.
W.
P.
&
Gallaudet
Stocks and Bonds bought and sold on commission
Exchange.
Advances made on business paper and other
at N. 7. Stock
securUleB*
JohkBicksls,
THIO. V. 8AXV.
Max K. Hand, Member N. T. Stock Eioh.
&
Sand Brothers
Co.,
BANKERS AND BROKERS.
54 Wall Street, New York.
ROCKS AND BONDS BOUGHT AND SOLA ON
ALEX.
h. B. Bacon
Clahk.
s.
l. R.
Bacon
&
Clark
Bacon,
BANKERS AND BROKERS,
Plue
3
Rny and
the
it
sell
New
Street,
Ifork.
on commtssion all Socuritlei dealt In
Stock aod the New York Mining
and
Interest allowed
OD balances.
COMMISSION.
Gwynne & Day,
Brooklyn
No. 45 Wall Street
No.
ecorlties.
Interest allowed on deposits.
InTeatments oarefnllT attended to.
LArSLET,
D.
Lapsley
8.
WILLABD,
&
Co.,
BANKERS AMD BROKEB8,
No.
6
tell
GoTemcnent,
&
Imn Banka a
State.
Member ef N.
NEW YORK
Munldpal and
solicited.
^
E R!«,
So*
Excfaangc Place, N. Y.
Branch Offlcp, V2H I.a Halle Mt., Chlcage.
TRANi^ACT A (iK.NEKAI, BANKI.NU BUSINESS.
INCI.Ll)I.N(i THK l-UHCIIASE AND 8AI.B OK
INTEREST ALLOWED ON DEPOSITS
8DBJECT TO CUECK AT HIUUT.
TIES.
Box
DEPOSITS
Buy and sell GOTERNMKNT, MUNICIPAL ««
KAILROAH bonds.
Pnr.ite telegraph wires to Prorldenoeand Boston
O. B.
TAINTOR.
447.
C. W. McLELLAK, JB.
f. Q. 8AI.TO.V8TAI.T.
C^ Co.
BANKERS,
IS XV
New
& Co.
BROADWAY, NEW YORK.
WEST THIRD ST., CINCINNATI.
«9
&
Oilman, Son
and
sell
Fred H. Smith,
No. 20
Inrestors or Dealers wishing to bay or sell are
InTlted to communicate.
State, Municipal and
Railway Bonds and Coupons bought and sold at beat
Market Rates.
InTeatment SecnrttlM,
P a BOX S.M7
'A.IU.JKOKB, Wati^n-i) Thaix. B.j.MoUl
IT
V
mut
&
Co.,
BROADWAY, NEW YORK,
DEALEUS IN *
Flrat-CIasa Inveaiiueiit S«carltleo.
SOVKKNMKST BONDS, STATK. CITY, COUNTY
RAILRUAII A MIBCKLLANKOOS SKctlKITIBS
Bought and Sum on (jummlsslos.
VirainUi Tax- HfCfivaUe
CoirpGia
BouofU
aOUlaKRN SECUniTIF.H A SPJCdALir.
LOANS NKOOTIATED.
IMTKREBT ALLOWtP
Uncurrent
O.V 0EPO8ITII.
a
Securities
ATTENDED
JAMES KITCHEN,
E.
O.
TO.
70 Cedar
St
Bailey,
S.
7
PINE STREET.
Co.,
Dealings in
Insurance
BANKERS,
CEDAR STREET.
Stocks
A SPECIALTY.
Banking Bnslness.bt;
Government Bonds and Inveetment aecurU
Casta paid at once for the aboTa Becnrltles: or
they will be sold on commission, at seller's option.
wiu.iam robison.
W. C. n.OVI>J0NIg
Members
of the N. T. Stock Exchange.
Floyd-Jones
&
Robison,
BANKERS AND BROKERS,
No.
!2
Bonds and
Stocks,
25 fine
EXCHANGE COURT.
bought and sold
or on margin.
all
[strlctlr
No. 31
Inrestment Securities
on commission] for cash
Wm.
B.
Kbndaix.
WALL
STREET,
Refer to Messrs. riBK
J.
D. Probst
ft
Hatch.
&
Co.,
STOCK AND BOND BROKERS
No. 62
BZCHANGB PLACS, NXW 10RK.
Stocks, Railboad Bondr, GorERNMnrrs and
^i«rwi.i.i«^^T« tacvkiiua B*(ram axo 8oi4>
/
§t.
-
l^euu^ORiO
Purchase and sell on Commission GOVERNMBNT
and RAILROAD BONDS and STOCKS, and all
claMW of SeoortUas dealt In at the NEW TORE
STOCK SXCBAMOB.
or
all
reputable Secnritle*
and sold In the OPBN MARKICT. LOAN»
COMMERCIAL PAPER negotUted. Intoron
bonatat
and
BANKERS AND BBOKBBS.
York.
Sell
BROAD STREET, KISW YORK.
RAILROAD SECURITIES
(An Intimate knowledge of
for the past 10 Yeart)
A8PBCIALTY.
ties.
STRKBT,
Transact a General Ranking Runlncss. ln<tlodlnA
the pnrcbaiie and sale of STOCKS and BONDS tor
cash or on margin.
Bay and
HOLT
BANKER AND BROKER,
paid on
'L l^
QUO. H.
Specialty.
Memtier N. Y. Stook Jlzeh.
A
allowed od
ORDBRS AND CORRESPONDKNCB PROMPTLY
BANKERS AND BROKERS.
Wm.D. Hatch,
No.
INTKHBST
recelred and
balances.
74
8TOCK.S AND BO.VD8 KoK CAS<11 OR ON .MARGIN. BUV AND fKl.I. INVK.ST.\IKNT SECURIP. O.
WALL STREET, NEW YORK.
TRANSACT a GRNBHAL BANKING bnslneas.
O.:
W. P. Thomas.
W. M. WiLSaiBB.
Ex.
In addition to a General
D. A. BOODT.
KBI}BCX LU-AND.
T. Stock Exchange
Co., CeciljZimmerman
62
K
T. Btock Exchange.
CINCINNATI,
CECII.,
Member N.Y. Stock
M. Zimmerman.
l3oodt|t
a A N
98 Brendway. cor.
Holt,
No. 10
Investments for SaT-
Correspondence
specialty.
&
BANKERS,
66
YORK.
CORNELIUS W. OLLirFB,
Member of N.
BDHUND P. SCHMIDT,
ntDDI.BTOWN, CONN.,
Bur and
Taintor
BANKERS AND BROKERS,
Schmidt,
Olliffe
BROADWAY
A
No. 13 NEW ST.,
No. 72
BROKERS FOR THE PI7RCHA8E AND
8AI.E OF RAILROAD SECURITIES.
Gio. W.
Nawr York.
Railroad Bonds and Stocks.
BONDS
Wee anotatlnns nf CltT Hallmads In this papa
R. A. Lancaster
NEW STREET,
1
NBW
WALL 8TBEKT,
C. E. Jackson
Bond§.
Stoeka, dec,
&
Members K. Y. Btock EicUange.
Howard
Beers, Jr.,
Securities, Cily
Ciiaa
Transact a Reneral banking and brokerage bnsU
nau In RaUwaj Shares and Bonds and QoTemment
HOWAKD
YOIIK.
CITY RAILROAD STUCK8 «
BOUGUT AND BOLD.
all
N. T.
COMMBRCIAL PAPKR NKOOTIATRD.
|EstabUabe<l I8S4.)
BROADWAY,
NEW
New York
fixchanttcs. Deposits received
DAVIN.
L. Grant,
No. I4S
Co.,
BANKERS,
UyiTKD BANK BUILDING,
WAVL HTREET, COR. BROADWAY.
STOCKS, BONDS & COMMERCIAL PAPER.
to
ai-rr:BaMOHN
BANKERS AND BROKERS,
St,
Co.,
NEW YORK,
Rxecnta order* In all seonrltie* llstad at the New
York Stock Bxobange. Vor Sale.
KlBBT-OLAM KAILROAII " IBT MOUTOAOE B<iHn«.''
GBOROB a WOOD. C. IL HUBSTI& L. M. 8WAJI.
Elliman,
& 39 Wall
ST.,
WOOD &
on Coromlnslon, for cash or on mar-
Sell
&
Huestis
PINE
IIANKEKM AND BROKBRM,
BROADWAY, NEW YORK.
80
JSo.
Wood,
81
BANKERS 4ND BROKKRS,
Noa. 37
rlauM'S <>f lUllwarand Mining iitucks bunitat
Hold on ('ntnmlMlon.
PrlT»tp Ti'loiirnph Wliwi to Philadelphia, Wllmlogton. Haltiniore, Waahlnfftoo, Buaton, Bndgaport
Ml
and
&
Rutter
Flnanolal.
W.
M. RITTTBR,
Member of N. Y. Stock xobange,
C.
DBPOaiTB, subject to check.
Geo. K.
Sistare's Sons,
NEW YORK.
IT NASSAU 8T„
DEALERS
FIRST-CL.4SS
IN
INVESTMENTS.
Bay and Sell on Commlaalon, for oaah or on roargin, all secnrttlee dealt In at the Mew York Btoek
Bxobange.
Interest allowed on dally balances.
All depoelU subject to ebook at sl«ht.
Particular attention to orden ty mall or
graph.
t*>^
'
THE CHRONICLE.
BONDS
and
e. F.
PKNZKL,
President.
)
&
4S WAtli STREET,
6^* New concern* organizinK will have their orders promptly executed.
Co.,
BANKERS AND BROKERS,
«« BROADWAY AND 19 NEW STREET,
ITEW YORK.
STOCKS AND BONDS BOUGHT AND SOLD ON
COMMISSION.
John
George Stark
&
F.
Whiting Paper Co.,
HOEl'OKE,
GENERAL TRANSATLANTIC CO.
BETWEEN NEW YORK AND HAVRE.
Prick op Passaok— (including wine,: To HavreFirst cabin, 1100 and »80; second cabin, $80; steerage, f2ts, including wine, bedding and utensils. Return tickets at very reduced rates. Checks drawn
on Credit Lyonnais of Paris in amounts to suit.
FOR MARSEILLES,
TotrcHiNO AT Cadiz, Gibbaltau
Machine Hand-Mnde Papers.
Antique Parcliment Papers.
Plated Papers.
Bund Papers.
& Barcelona.
New York direct
and Marseilles, tak-
Co.,
V. DB MARSEILLES, Cram pton.Onorabout Mar.20
KATErt OF passage— For Cadiz and Gibntltar—
Constantinople.
N. B.— No freight taken for Gibraltar.
BEBIAN. Aarent,
LOUIS
DE
No. 6 Bowlintc Green.
NASSAU STREET, NEW YORK.
Bur and sell InreBtment Secnrities for cash or on
commission. A specialty made of Western Farm
Turner
BrinckerhofT,
&
JOhnPoa'dib. eduard Mebtkns. Aug. Nathan,
Co.,
Orders executed on the London and European
Uarkets.
WHITiHOIIE &
CO.,
BBEKMAN STREET. NEW YORK.
45
E.R.Mudge,Sawyer&Co
AGENTS FOR
Washington Mills, Clilcopee Mfg. Co.
Burlington AVooleu Co.,
EUerton New Mills,
Atlantic C/Otton MIUi^
Saratoga Victory Mi'g. Co., Ocean MlUa,
Fcabody MiUs,
AND
Hosiery and Knit IJndenvear
From Various Mills.
NEW YORK,
BOSTON,
43 A 45 White Street,
15 Chaoncey Street
PHILADELPHIA,
J. W DAYTON, 246 CHESTNUT STREET.
Herring's Safes.
THE
Co.,
CHAIHPIOSr
IN ALL GREAT
Manufacturers and] Dealers
Bonds & Investment Secnrities,
exchange place, NEW YORK.
D.
Commercial Card§.
Mortgages bearing from 7 to 10 per cent interest.
Will undertake the negotiation of loans upcn
Western Citr property in large or small amounts.
stocks,
AGENTS
JAMES
following steamers will leave
for Cadiz, Gibraltar, Barcelona
ing freiglit and imsaengers:
JHASS.
Banliers' Ledscr and Record Papers.
Pier (new) 42 North River, foot of Morton St.
Travelers by this line avoid both transit by KngRailway and the discomforts of crossing the
Channel in a small boat.
_ „
Wed., March 15, 2 P.M.
AMBRIQUB, Santejli
Wed., March 22. 8 A. M.
ST. 1.4UUKNT, iServan
FHANe^E.Pcrier d'Hauterive.Wed., Mar. 2«, 2 P. M.
arst cabin, $75 and »90; for Barcelona and Marseilles— First cabin, ISO and $100. Steerage, $32.
Through bills of lading issuid to Mediterranean
Ports, including Barcelona, Algeria. Tunis, Genoa,
Leghorn, Naples, Messina; also, for Trieste and
Stark.
BANKERS,
&
(HANOVER SQUARE.)
Steain§IUi>§.
The
WILLIAm STREET.
BTo. 1
llsh
CHASJL. UiLLKB. JA8. Francis. BdwinJ.B^nks.
30
Supply Banks, Bankers, Stock Brokers and CorpoAccount Books and
rations with complete oututs of
Stationery.
From
NEW YORK.
<}iOBOi Stabs..
Cole,
STATIONERS AND PRINTERS.
Only Direct Line to France.
Co.,
Kohn &
18.35.
&.
'
BANKERS AND BROKERS,
Pondir
$75,000
23,000
-
to all business In our line
N. Y. COBBKSPON'iJEN'TS— Donnell, Lawson & Co.,
and the Metropolitan Nutionul Bantc.
NEW YORK.
Miller, Francis
No. 33
8ears
AMI) SATCKDATTB.
PINE STREET,
Glazier,
ESTABLISHED
Cashier.
(Paid-in)
ADRIAN H. MVLI.ER & SON
No. 7
WAI.KKR
Prompt attention given
ON
WEDNESDATS
Incorporated 1875,
C. T.
SURPLUS
BONDS
ASJn
{
LITTLE ROOK, ARK.
AUCTION CAPITAL
rhe Undertlyned hold EEGULAR
SAI.es of all classes of
5
I
STATE BANK,
German Bank,
At Auction.
STOCKS
Commercial CarcU.
Financial.
Financial.
STOCKS
IVOL" XXXIV.
RECORD
FIRES.
in
COTTON SAILDUCK
And all kinds of
CANVAS, FELTING DUCK, CAR
COVERING, BAGGING, RAVENS DUCK, SAIL
TWINES, Ac, " ONTARIO " SEAMLESS,
OTTON
"AWNINQ
BAGS,
THE
STRIPES."
Also, Agents
PNKTED STATES BUNTING COMPANY.
A
full.supply, all
Bliss,
(ANNUAL.)
Widths and Colors, always in stock.
No. 109
Financial Review,
Dnane
.Street.
&
Fabyan
New York,
Co.,
Boston, Philadelphia,
SELLING AGENTS FOR LEADING BRANDS
18
8
BKOWN AND BLEACHED HHIKTING^
AND SHEETINGS,
2..
A YEAR BOOK
Drills, Sheetings,
die.,
251
CO.,
York.
tor Export Trade.
STEEL AND CHARCOAL
IRON of superior quality
suitable for MINING ANd
UOISTING PURPOSES,
INFORMATfON
FOB
Inclined Planes, Transmisof Power, Ac. Also,
GOLD MEDAL,
ision
[Galviinized Ciiftrooal and
iBB for Ships' KiKKinit,Su8pension BridKes, Derrick
(iuys. Ferry Ropes, 4c. A
large .stock constantly on
hand from which any desired lenKths
are cut.
Bankers,
Brokers,
Merchants,
ZTi's
FLATSTKKL AND IRON
ROPES
for
Mining pur-
PARIS,
1878.
Celebrated ffiiinlern,
303-404- 70-36 -332,
,
1
1
and Am ether styles tnay be had of ail dcalv9
9
I
throughout the uorld.
Joseph 6iIlott& Sons,
NewTork.
poses manufactured to or-
der.
JOlIiN
Investors.
W. MASON & CO
48 Kroadwar.
New Vorh
IIARTER, ATTOUNEY.Oanton
HS?;''"^'
Ohio, conducts
"*>'•
ail
(he Review, bonnd In clotli, . 82 00
••? .Commercial
'f
-H "iJKl""".'"",
and
Financial ."^t
00
Chronicle, • . - . (( ,1 „„
iPostnce (when sent by Mail,) .
lo
ol
...
WIIXIA9I B. DANA & €0
PUBLISHEES,
t» * 81 VUltam street, New Work.
,
classes of cases against indiv
and other corporations In both Slate
Kefers to C. Aultman, Canton O
Isaac Harter A Sons, Canton, O,; Kountse Bros
New York; Kx-Chief .lustice Acnew. Reaver Pa
Iduals. railroads
and
Price
&,
& 262 Broadway, New
R op
OF
FINANCIAL
HEIMMTS^G^
PRINTS, DENIMS, TICKS, DUCKS, &o.
Towels, Quilts, White Goods and Hosiery,
(J.
8.
Courts.
Chronicle Numbers
WANTED.
Numbers
768, 701, 783, 701, 788, 8**, 890, 831, 835
and Supplements for February and
AprU,1881, Senate
WM.B.DANA&CO.,
SiB, 8*7, 860, 882,
WWUliam
street.
MDTDAtllFE
IRSrafflCE COMFAET
OF NEW YORK.
_
y.s.wiNSf ON. president: ^
/SSUESEVfRKDESCHlPTION OF
LIFEAHDEHBOWMENrmCIEi
THOSE
ON TERMS AS FAVORABLE ASNY
OFA NY O THEB C OMPA
ORGAN/ZED /IPRIL/4T"J842
.,
,
-,
•-
asMssns ovERS8^ooo.oQO
,
:
M&Boa
THE (CHRONICLE.
18M.
11.
CoUou.
Iniiuranoe.
*
Kui, AsaAEiM
Maw Crleani,
Coltuu.
LsBHA>.Oina*Oo.
Co.,
Mont omsry,
La.
Ala.
.
LEHMAN BRO'S,
Cotton Factors
OFFICE OF THE
ATLANTIC
OOnHISSION mKRCHANTB,
Mutual Insurance Co.,
NEW YORK,
ftt
Jurnary 25, 1883.
Tlie Trustees, In oonforiulty to the Charter of
the Oompany, sobmlt tlie (ullowtiiK Statement
aSUrs on tke Slat December, 1881
Premiums on Marine Bisks trom
WALTER & KROHN,
COTTON BROKCKS,
58 BEAVBH THBOT, NEW YORK
Geo. Copeland & Co.,
.
XZCHANGB PLACS,
40
New
OOTTO;» BROKERS,
York.
ISe
Ordan azecatad at the Cotton Kxeheacaa In Ka«
Tork and Liverpool and ulvsBSSS mads on Cotton
and other produce conairnod to as, or to our corra•pondenti In Liverpool, Mesirt. B. Hewgasa * tjo.
sndMeaara.L. Botennalm A Bona.
PBARL BIRKKT. NEW YORK.
IIYMAN8 A DANCY,
NOKTOUC. YA.
Hyman &
Dancy,
ot Its
0BA8.
1st Jauuar}', 1881, to 31st Be(4,039,487 10
oember, 1881
Premiums on Policies not marked
off Ut Januar/, 1881
1,&87,&34 47
Total Marine
Premiums
New
IXMses paid during the same
(924,227 02
iienses
The Company has the following
United 8t«tos and State ot Mew
York Stock, City, Bank and
Assets,
rls.:
491,148 18
Bills
Cash
In
Bank
Amount
$13,165,466 40
be paid to the holders
thereof, or their legal representatives, on and
after Tuesday, the Seventh of February next.
THE OUTSTANDING CERTIFICATES
of
the Issue of 1877 will be redeemed and paid to
the holders thereof, or their legal repres«itatives, on and after Tuesday, the Seventh of Febraaiy next, from which date all interest thereon
will cease. The oertlflcatesto be produced at
the time of payment and canceled.
A DIVIDEND OF FORTY PER CENT
is
declared on the net earned premiums of the
Company, fur the year ending 31st December,
1881, for which certificates will be Issued on
ini after Tuesday, the Second of May next.
By
order of the Board,
H.
J.
CHAPMAN,
New
Fielding
York.
Mohr, Hanemann & Co.,
PEARL
New
186
ST.
GRATIKK
ST.,
New Orleans,
York.
La.
AlTEimON OlTEN TO THE EXEODTIOH
OF ORDERS VCR FUTURE CONTRACTB.
STBCIAL
Wm.
COTTON BROKER,
AVGVSTA, GEORGIA
Keferenoes :— National Bank of Aognsta. Oeorglx,
Henry Hents A Co^ Commission Merchants New
York : William B. Dana * Co., Froprleiors Coana
OULL AKD FniAKOUL CHBONIOLa. SBd Other Ne<
York Honsea.
TKCHTKKBi
D. Jones,
Charles Dennis,
J.
W. H. H. Moore,
Lewis Curtis,
OharlesH. Russell,
James Low,
David Lane,
Ctordoo W. Bumham.
A. A. Baven.
Horace Oray,
Edmund W.
Corlles,
James O. De Forest,
Beiv)amlu H. Field,
Josiah O. Low
William E. Dodge,
Boyal Phelps,
Samuel
Thomas
Youngs,
C. A. Hand,
John D. Hewlett,
WilUam H. Webb,
F.
Charles P. Burdett,
J. O.
Willetta,
Charles D. Leveriefe,
William Bryoe,
William H. Fogg,
Thomas B. Coddlngton,
Horaoe K. Thurber,
William Degmot,
Henry Colliua,
John L. Rlker.
JONES, Psesldent
CHAR1.es DENNIS,
Tloe-PiMldent.
W. H. B. MOORE, 2d Vlce-Pregid«nt,
A. A.
NEW
SATEN, 3d
Brown Cotton
Gins, Gin Feeders] and
Condensers.
18 Exchance
PInee,
NEW
TORK,
&
Waldron
Tainter,
GENERAL COTTON RIERCHANTS,
97
*'FutaTe
PEARL STREET, NEW YORK.
**
orders egecuted at N. T. Cotton Rreh'ga
F.
Hoffmann,
COTTON BROKER AND AGKNT;
RUE DE LA BOCBSB, SAVRB.
Geo.H.McFadden & Bro
COTTON FACTORS
AND COMMISSION MERCHANTB
ISl Cheatmnt
St.,
PhlladelpIUa.
WORKS AT Orient,
L.
I.,
and
"
The Atlantic
&
OFFER THBIR STANDARD BRANDS
LOU
ORIENT COMPLETE MANURE,"
And want a good working agent
In every thrlvlan
cotton, tobaeoo. grain and track growing oonniy.
Aptly (with referenoe) to
KT. O.
CRENSHAW,
sals ot
Leman,
No
and auii
par^naw miu
shK meat at
paid to purchase
Bntlre attention paia
ntinn on
i\n order
nniA. tor
tnr Spinners
flninnsTa and Bxportera
KXDorters.
Cotton
iRiadaoM
Beat of referaooea fw^TiUhed. CorraaF>
Fertilizing Co.
«<
and
COTTON BROKER,
160 SECOND STREET,
nACON, GEORGIA.
Virginia
AlmOinATBD BONB SOPERBBOSPBATB OF
AND
NEW YORK.
Special attention given to the purchase
Future Contracts.
KmaKik"
" ORiaMT.
RlCHUUND, VA.
Collen Ezchance Balldlna,
A. L.
COTTON GINS FOR EXPORT.
Preat,
OBBiSUAW WAIIIHOUSB,
VlM-Presldeot
4c
LONDON, CONN.,
MANurAcrcraius or tiu ciucbhatid
Robert L. Stuart,
Wm. aturgis,
16
POST BPHDIMQ.
THE BROlVHr
Robert Tannahill& Co.,
Cotton Gin Company,
Cotton Commission Merchants,
John EilioU,
Adolph Lemoyne,
Bobi. B. Mintum,
Charles B. Marshall,
George W. I^ne,
Edwin D. Morgan,
AKD
COMMISSION MERCHANTS,
>S
Bntlre attention given to pnrchaie of COTTOa
ORDER for SFIKNBRS and EXFOHTER8
& Gwynn,
COTTON FACTORS
Felix Alexander,
COBKSaFONDXNOa SOUOZTBD.
Secretarr.
VICK8BVRG, niSS.
Jemison, Groce & Co., Galreston, Texa!>
WlCMOHB. H.W.HANUIANir. Cl.mHNgriSCHCB
Via
Campbell,
W'WDWABD
SEX PSB CENT IKTEBE8T on the onUtand•ertilicates ot profits will
&
Parisot
COTTON COMMISSION MERCHANTS,
No. 10 Old SUp,
Co.,
Ac
8T04!KS,
BONDS,
WILLIAM STREET. NEW TORK.
Orders to Purchase Cotton In our market solicited
Refer to Meaan
A STILLMAN
New Tork.
ASD
1,631,294 23
347,765 99
&
en.
Ordera In " ITntnres" executed at W.T.Cotton Bxoh.
Co.,
BANKERS
Be-
oelvable
80
York.
York.
Cotton Factor*,
&
E. S. Jemison
1,729,500 00
Company, estimated at
Premium Netos and
New
H. Tileston
Special attontion Klven to orders for the baying
and selBng of Cottox fob FonrKB DiuvntT.
I«ana secured by Stocks and
otherwise
Beal Estate and Claims due the
COTTOIW,
New
Htreet,
COTTON,
Member of Cotton Kxchange.
$8,965,758 00
otherStocks
IIT Pearl
Crumbie,
F.
114 Pearl St.,
aUa
Co.,
Orders for Spot Cotton and Futures promptiv
sated
Special attention Klven to orders for the pnrchaae
and sale of Contraota for Future Delivery of Cotton.
J-
Premiums and Ex-
ot
&
Dennis Perkins
Vork.
LIBERAL AOVANCBS MADB.
.
Betums
Special attontion given to the porohaae and
of oootraots for future delivery.
OOTION BROKERS,
Receive Oonalgnmenta of Cotton and other prodnea
$1,773,882 80
penod.
Co.,
COTTON COMMISSION MERCHANTS,
97 Pearl St., New Ysrk.
nAKHITT
PEARL STREBT,
N«. 185
Premiums marked
off from 1st
January, 1881, to Slst December. 1881
*4,110,176 72
R.
C. F. Hohorst & Co.,
COTTOW
COMMISSION MERCHANTS
$5,627,02157
....
JOHN
BOHORST,
r.
RlekasABd, Ta,
.ollc"-'
John
F. Wheless
& Co.,
COTTON
connissiON isbrohanti,
NASHYILLB, TENNESSEB.
gpeelal attention stvaa to Spiaaen' orders.
respondanoa
Oor
aolleltea.
RaraBBNCas.—Third and rooith Natlnaal ^Baaks
and Propriewn el the CBaoinci.a
:
THE ohkomi;le
ill
WalUr
Woodward &
Stillman,
P08T BUILDING,
Danover & Bearer 8ts.
Batch.
Nath'l W. I. Batch.
NBW TOKK.
SENEKAL COMMISSION MERCHANTS
M>ANS niADB ON ACCEPTABI^B
SECURITY.
Lljb«nU advances made on Consignments.
Special attention paid to the execution of orders
for tile purchase or sale of contracts for future
AallTery of cotton.
GWATHMST.
Bloss,
133 Pearl
Street,
New
.
Memher N.
CHAS. FHANCIS BISBB.
&
Evans
!!<;.
43
A
Beebe,
NEW STREET.
44
Wh. Hinbt Woods.
J.
new
roer building,
&
P. O.
COTTON BROKERS,
N*. 110 Pearl Street,
New
Vork.
sold on commlssluD.
A. B. BLODNT.
J. W. HiNSON,
Meander Cotton Uxch'ge Member Produce Exch'ffO.
U. H. RoUNTREE, Special.
&
H.Beede& Co
South W^lUlam
New
Blount,
GHAS. J. ItlARTiN, President.
J. H. WASHBURN, SecretUT.
8
St.,
OR-
AKD PRODUCE.
JOHN
H. CLISBY
&.
CO.,
to
nONTGOMERY,
UVERPOOL, LONDON AND GLASGOW.
FINI.AT, nVIR & CO.,
CALCUTTA AND BOMBAY.
CONTRACTS FOR FUTURE DELIVERY COTTON bought and sold on commission In New York
niesBrs.
& Wisdom,
COTTON
Gardes
A1.A.
NEW ORLEANS,
Pendleton,
COMMISSION MERCHANTS,
KO. at PEARIi STREET,
NEW YORK.
Adrances made on consignments of Cotton, Grain
aad«tber Produce.
Bay and sell contracts for future delivery of
1 and Provisions.
"—
&
Bennet
James F. Wenman & Co.,
rr)TTn>' EROKERb,
Ha. 1 4V Pearl Street, near Wall, N. V.
On Tontine Building)
Waxbzx Kwbn,
Jb.
Ewen
C O.T T O N
Noo. 31 Sc
COMMISSION MERCHANTS,
BABCOCK BttOTHERS &
50 Wall Stemt.
Jno. C.
Graham
Brothers,
BROKERS,
Street,
$7,424,073 71
for
1,694,801 80
3,000,000 00
Capital
NET SURPLUS
No. 2 Cortlandt
$3,729,371 9»
St.,
New
ALEXANDER,
JAS. A.
WATERS &
Co.,
CO.)
York.
Acent.
Htreet,
&
Mercantile
&
LONDON AND EDINBVROH.
United States Board of Managementi
NEW TORE
SOLON HUMPHREYS, Ch'r'n,(E. D.Morean A Oo
DAVID DOWS, Esq. (David Dows & CoO
FABBRI,
Hon.
S. B.
Esq. (Drexel,
Morgan «0o.)
CHITTENDBN.
EZRA WHITE,
J.J.
ASTOR,
Esq.
Esq.
CHA8. E. WHITE, SAM. P. BLAeDEMi
Office
64
wruuam
St.,
New
York.
New York.
Schroeder,
COTTON COMMISSION MERCHANTS
KyOmmercial
Union
ALFRED
Special attention paid to the execution of orders
L^o.
PELL,
Resident Managtr,
for the purchase or sale of contracts for future de-
Liberal kdvanoe*
Ins.
(OF LONDOIT),
111 Pearl Street, Nevr York.
igomente.
Co
Ins.
OF
INVESTMENT SECURITIES BOUGHT AND
I OLD FOB A COMMISSION.
BINBY H. WABB.
OILLIAT SCHBOBDBB
Ware
British
MANAGERS,
COTTON COMMISSION MERCHANTS
18 William
North
K. P.
&
BANKERS
llverr of cotton.
NEW YOEK.
M.
CO.,
1840.
Jobs M. Ewin.
33 Broad
LIVERPOOL,
Receive consignments of Cotton and other Produce
and execute orders at the Exchanges In Liverpool,
Represented in New York at the office of
Foulke,
SpeeM attention given to the execution of order*
for the purchase or sale of Contraote for If^itore
Brtsbllahed
F.BABCOCK&CO.
(Successors to R.
OOM^tllSSION laEKCIiANTS,
121 PEARL STREET,
NEW TORK.
1, 1881
unpaid losses
and re-insuranoe fund
Liatjllities
LA.
Special attention paid to the execution of orders
for the purchase or sale of contract* for future
delivery of cotton In this market, New York and
Liv erpool.
IT Water Street,
&
Rogers
Assets January
COMMISSION MERCHANTS,
B.
ONLY ON OBDER8, FOB A COMMISSION
Company
OF HARTFORD.
CO.,
Also execute orders for Merchandise through
COTTON BUYERS,
I
yETNA
Insurance
York.
Advances made on Consignments
nieasrs. JAITIES
,
flPMtal attention given to the execution of
t«,W9.500 2*
Co.,
GENERAL
coininissiON iuerchants,
A«d deneral Commission Mercliaiits.
89 FEAKIj ST., NEW YOBK.
BSBS rOB FUTURE DELIVERY OF COTTON
47,399 68
Total
and Liverpool: also at New Orleans through Messrs.
Samuel H. Buck i. Co.
COTTON FACTORS
Held In the United States, available for the PAY.
MBNT of LOSSES by FIRE and for the proUc
tlon of Policy-Uolders of FIRE INSURANCE:
Cash in Banks
»130,178 81
Bonds and mortgages, being first lien on
real estate (worth »3,600,750)
1,555,868 00
4,079,S(XI 00
United States stocks (market value)
Bank & RB. stocks A bds. (market value) 064.025 00
State and municipal b'ds (market value)
121,750 00
Loans on stocks, payable on demand
(market value of collater'ls,t341,607 50) 229,750 00
85,819 10
Interest due on 1st January, 18t<2
Premiums uncoH'ct'd & in h'ndB of agts.
80,635 06
Keal estate
COTTON BROKERS,
114 PEARI. STREET.
&
$6,995,509 26
suininARV OF assets
NEW YOBK.
Henry Hentz
215,595 36
1,806,180 90
Cash Assets
COTTOJV.
No.
BHOWINO TBI
CONDITION OP THE COMPANY ON THE FIRST
DAY OP JANUARY, 1888.
CASH CAPITAL,
$3,000,000 00
Reserve for Unearned Premiums 1,943,733 00
Reserve for Unpaid Losses
Net Surplus
Henry M. Taber,
PEARIi STREET,
BROADWAY.
OFFICE, 119
NEW YORK.
2342.
Company
FlltySeTentb Seml-annaal Statement,
FINLAY &
Fdtdbk Contbacts a Spzcialtt.
Hinson
Box
york.
Co.,
HOME
Murphy,
ORDERS IN FUTURE 00NTRACT3
EXECUTED IN NEW YORK AND LIVERPOOL
gpeetelattentlODglven to the Purchase and Sale
•f Ooaiiacts for future delivery of Cotton.
Geo. Brennecke
COUNTRY BANKERS.
OF NEW YORK,
Excbanse Place.
18
William
18 ExotaauKe Place,
^H''.;'p'-^/>s'JJ,ToVv?ia\-eB
Insurance
MUBPHT
Adrances made en Corsienments of Cotton. Contracts for Future Delivery of Cotton bought and
COMMISSION MEKCHANT8,
&
G.
COTTON, STOCKS AND BONDS.
Co.,
COTTON
Ron. 16
&
16
No. 141
&
P. BiJlups
S.
&
Woods
SPECIAL ATTENTION TO
Faickaee and Sale oi Contract* for Fotare
DellTery.
Sons,
interest upon balances.
Special attention paid to INVESTMENTS aa
SOUTHERN SECURITIES.
Tork.
T. Cotton Exchange.
BBANCH OrricBS j.lgg
accounts of
(POST Building,)
to the execution of orders
for futore deliver J eontracts.
&
—with
SpwUI attention given
KlltBTU.ET.AJfS,
fork.
LOANS MADE ON
OOTXok iUERCHANTS,
II*.
T. Hatch
Personal attention given at the EXCHANGES to
the purchase and sale of STOCKS and BONDS for
cash or on mHrifln.
DEPOSITS RECEIVED—subject to check at sight
BLOSS.
J. O.
Gwathmey &
COTTON EXCHANOE BUILDING,
New
P. Batek.
ArlAur M, Baleh.
BANKERS,
14 NASSAU STREET, NEW YORK.
COTTON MERCHANTS,
(RiAB OF Custom Hocsb],
Benry
T.
INM AN, S W ANN &Co W.
fTar, BxohanEe Place,
11, 1883.
Miscellaneous.
Cetton.
Cotton.
A. B.
[.Mabch
made on oon>
Sr
&
89 Wall
Street
@FedFRASER