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AN D
H U N T ’ S
&
M A G A ZIN E ,
M E E .C H
5 iïîje ^ fe lÿ
REPRESENTING TH E IN D U ST R IA L A N D COMMERCIAL IN TERESTS OF TH E U N ITE D STATES.
[Entered according to Act of Congress, In the year 1892, by W m . B. D a n a A Go., In the Office of the Librarian'of Congress, Washington, D. O.]
V O L . 54.
N E W Y O R K , M A K O H 12, 1892.
IfiaanciaL
fin a n c ia l.
A M ER IC A N
B an k N o te C om pan y,
78
TO
N O . 1,394.
86 TRINITY PLACE,
NEW Y O R K .
SO LID
S IL V E R .
G O R H A M M ’f ’g Co.,
B u s in e s s F o u n d e d 1 7 9 5 .
Incorporated under Laws of the State of New York, 1858*
R e o r g a n iz e d 1 8 7 9 .
Broadway & 19th St.,
fin a n c ia l.
R . J . Kimball & Co.,
(Established In 1866.)
B A N K E R S A N D BROKERS,
16 and
AND 9 MAIDEN LANE.
E N G R A V IN G A N D P R IN T IN G ,
B AN E NOTES, SHARE C E R TIFIC A TE S, BONOS
FOR GOVERNMENTS A N » CORPORATIONS,
DR A FTS, CHECKS, BILLS OF EXCHANGE,
STAM PS, A c., In the finest and most artlstle style
FR O M STEE L PLA T E S ,
mth SPECIAL SAFEGUARDS to PREVENT COUNTERFEITING.
Special papers manufactured exclusively for
use of the Company.
The National Park Bank
of New York.
Capital,
.
S A F E T Y CO LO RS.
S u r p lu s ,
-
SA FETY PA PERS.
W ork Executed in F irep roof Buildings.
LITHOGRAPHIC AND TYPE PRINTING.
R A IL W A Y T IC K E T S OF IM PR O V ED STYLE S.
Show Cards, Labels, Calendars.
.
.
$2,000,000
-
$ 2 ,8 0 0 ,0 0 0
SUPERIOR COLLECTION FACILITIES.
BUY AND SELL FOREIGN EXCHANGE.
JAMES MACDONOUGH, President.
E X T E N S IV E
AUG. D. SHEPARD,
l Vice-Presidents
TOURO ROBERTSON, I V e Pres,aent8THEO. H. FREELAND, Sec’y and Treat.
JNO. E. CURRIER, Ass’t Sec’y.
J. K. MYERS. Ass’t Treat.
R o b e r t J .K i m b a l l .
SAFETY VAULTS FOR
T H E C O N V E N IE N C E O F D E P O S
IT O R S A N D IN V E S T O R S .
9
E b e n e z e r K. W r ig h t . President.
ARTHUR IiRARY, Ylce-Presldent.
G eo r g e 8. H ic k o k , Cashier.
Ed w a r d j . B a l d w i n , A ss’t Cashier.
IN V E S T M E N T S ,
R IC H M O N D , VA.
T r a n s a c t a G e n e r a l b a n k in g b u s in e s s . N e g o t ia t e
R .R . a M u n i c i p a l L o a n s . C o r r e s p o n d e n c e I n v i t e d .
MANUAL O F IN V EST M EN T S
largest work o f the kind pu blish ed b y a n y B anking house in
A m erica. G ratis to clients & correspondents; toothers, $3 a copy
“ Most elaborate, handsomest and most useful work treating
upon Southern properties which ever came to notice.*'— Boston
H erald. * “ Worth its weight in gold."— N orfolk Landm ark.
“ Recognized as standard authority, and holds a high reputation
both in Europe and United States. " — W ashington P ost. “ The
States, cities, railroads, and other properties of the South are
described with a clearness and minuteness of detail of great vain#
to investors.”— AT. T. Jou m . o f Commerce. “ A complete financial
and industrial record o f the Southern States."— N . 0 . Tim es-Dem .
“ W e know of no other work to compare with this Manual for the ex
tent and variety of information it contains.”— Jfoney, Lon., I n £
DIRECTORS.
Charles Scribner,
A rthur Leary,
Edward C. H oyt,
Eugene Kelly,
Edward B. Poor,
E beneser K. W right,
W . R ockhill Potts,
Joseph T. M oore,
A ugust Belmont,
Stuyvesaut Fish,
Biohard Delafleld,
George 8. Hart,
W ilson G. H unt,
Charles Sternbach,
Francis R . Appleton
William A . Lombard,
IS O B R O A D W A Y , N E W Y O R K .
THE
F O U R T H N A T IO N A L
B A N K O F T H E C IT Y O F N E W
YORK
OFFERS
TO
DE
P O S IT O R S E V E R Y F A C I L I T Y
W H IC H T H E IR BALANCES,
B U SIN E S S
AND
R E S P O N S I
B IL IT Y W A R R A N T .
Walter Del Mar & Co.,
Members New York stock Exchange,
75 OLD BROAD STREET}
L O N D O N , E . C.
A
lfred
B .L o u n s b x r r t .
BAN KERS A N D BROKERS,
Wm. G. Hopper & Co.,
2 8 S O U T H T H I R D S T ., P H I L A . l
S t o c k e a n d B o n d s bought and sold on Com
mission fo r Cash, or carried on favorable terms.
I n t e r e s t a l l o w e d on balances. Correspondence
solicited.
OSHUA W lL BO U H .
Offers fo r sale Choice Bonds 'and Mortgages.
A S P E C IA L T Y -N E W YO RK CITY A COUNTRY
BANK
STOCKS,
N e t t in g P u r c h a s e r s 4 t o 1 0 P e r C e n t .
SEND FOB QUOTATIONS.
Eq u ¡table Mortgage Co.
B ENJAM IN A . JACKSON
Wilbour, Jackson & C o.,
BANKEBS AN D BROKERS,
I3 P Entrance only through the Bank. -dPl
John L. Williams & Son,
Our
Y ork .
4 4 an d 4 6 B r o a d w a y , N e w Y o r k .
S. L a Mo n t a g n e , J r ., M em ber N. Y . Stock Exdh
H e r m a n Cl a r k e .
W a l l a c e B. Sm it h .
Private wires to Philadelphia, Pittsburg, Scran
ton, Reading, wtikesbarre Lancaster and Bethle
hem . Private wire to Chicago.
N o.
SOUTHERN
S tre e t, N e w
L a M ontagne, Clarke & Co.,
E n g r a v e r s a n d P r in t e r s o f
BO N DS, PO STA G E & R EV EN U E STA M P S,
L E G A L T E N D E R A N D N A T IO N A L B A N K
N O T E S o f th e U N IT E D " S T A T E S } an d fo r
F o re ig n G o v e rn m e n ts.
B AANN
K E R S,
D DEALERS IN
18 B road
Members o f the New York Stock Exchange and o f
the Philadelphia Stock Exchange.
52 W E T B O SSE T
STREET)
P R O V ID E N C E , R . I.
Dealers In Commercial Paper, Government and
other first-class Bonds and Securities and Foreign
Bxchange.
Private telegraph wire to New York and Boston.
Henry C .
Hackney,
115 D E A R B O R N STRE E T,
C H IC A G O .
H IG H
IN V E S T M E N T
GRADE
S E C U R IT IE S ,
P a y in g S p e r cen t a n d 1 2 p e r cen t fo r s a le
Parkinson & Burr,
B A N K E R S AND B R O K E R S ,
5 6 B R O A D W A Y , N. Y .
B O ST O N O F F IC E , 5 8 S T A T E S T .
Members o f the New York and Boston Stock Ex
changes. Private wire between the two offices.
Inform ation given in regard to all Boston securi
ties, and quotations furnished.
Wilson, Colston & Co.,
C a p i t a l a u t h o r i z e d ................. $ 4 , 0 0 0 , 0 0 0 0 0
2 ,0 4 9 ,3 5 0 0 0
P a i d In ( C a s h ) ............ ....... .
S u r p l u s & u n d iv i d e d p r o fits .
8 3 0 ,3 9 0 0 9
BANKERS,
A s s e t s . . . . . ................... .................. 1 4 , 0 7 4 , 8 1 3 5 0
(Members o f Baltimore Stock Exchange)
T h i s c o m p a n y s o li c i t s c o r r e s p o n d e n c e
B A L T IM O R E .
a b o u t a l l f i r s t - c la s s I n v e s t m e n t s e c u r i t i e s .
(INVESTMENT and SOUTHERN SECURITIH
B u y s a n d n e g o t ia t e s M u n ic ip a l, R a i l r o a d ,
a specialty.)
W a t e r , In d u s tr ia l a n d I r r ig a t io n B o n d s .
Correspondence invited and inform ation fu r
I s s u e s I ts d e b e n t u r e s a n d n e g o t i a t e s nished.
N. 7 . Correspondents—M c K i m B r o t h e r s & Co.
m o rtg a g e lo a n s.
C H A R L E S N . F O W L E R , P r e s id e n t .
CHAH, BENJ. W ILKINSON, Vice-Presi «lent.
H E N R Y P . CHURCHILL, Vice-President.
B. P. SH AW H A N , Sec. and Treas.
O F F IC E S t
New York, 808 B’way.
|Bost., 117 Devonshire St.
Phtla^ 4th and Chestnut. I Kansas City, Missouri.
36 Wall S t, New York and S t Loals.
L ondon , England.
I Berlin. Germap*-
A . J . Weil & Co.,
INVESTMENT S EC U R IT IES
THE
j a n k e r s
a n d
IfvoL. Liy,
C H R O N IC L E «
J B r a tu e r fi
o i
f o r e i g n
Heidelbach,
Ickelheimer Sc Co.,
Drexel, Morgan & Co.,
W ALL 8TK EET, CO RNER O F B RO A D ,
NEW
YORK.
H x c ix a u g e
B A R I N G , M A G O U N A C O .,
1 5 W ALL ST., NEW YORK,
BANKERS,
2 9 W ill ia m S tre e t, corn er E xch a n ge P la ce ,
SUCCESSORS TO
Drexel,Harjes & Co.
KIDDER, PEABODY & CO., NEW YORK,
Cor. o f 5th ¿C hestn ut Sts 31 Boule Yard Hauasmann
Buy and Sell Exchange
on principal European cities.
Issue Commercial and Travelers’ Credits
available in all parts o f the world.
Circular Letters of Credit
for Travelers Abroad
Agents and Attorneys o f
BARING BROTHERS & CO., Limited,
LONDON.
KIDDER, PEABODY & CO., BOSTON.
a v a ila b le In a ll p a rts o f tb e w o rld ,
on tbe
U N IO N B A N K O F L O N D O N , L ’ T ’ D .
Drexel & Co.,
P H IL A D E L P H IA
P A R IS .
D O M E S T IC A N D F O R E IG N B A N K E R S .
Deposits received subject to Draft. Securities
bough t and sold on com m ission Interest aLowed
on DepoBitB, 1 oreign Exchange, Commercial Credits. Cable Transiera, Circular Letters for Travel
ers, available in all parts o f the world i
ATTORNEYS A N D AGENTS OS?
I88U B
Choice Investment Securities.
T h e s e c red its can a ls o be ob tained a t the
F ilth A v e n u e B a n k , 4 4 t h S t. and 5 th A v e
G b o r o e Co p p e l l ,
T h o m a s Ma it l a n d
G e r a l d L. H o y t , Member o f N. F. Stock Ex.
Knauth, Nachod & Kühne
BAN KERS,
M e s s r s . J . S . M O R E AIM A C O .,
S o . 2 2 O L D B R O A D S T R E E T , LO N D O N .
Brown Brothers & Co.,
P H IL A .
NEW YORK,
BOSTON .
5 0 W a ll St<
AT/F.Y B R O W N & SON S, B A L T IM O R E .
CONNECTED BY PHIVATE WIKE.
Members N. Y., Phiia. and Baltim ore stock B xch’s.
B uy and sell first-class ■
.
Investm ent Securities lo r H l V C S t l l l C I l t
custom ers.
R eceive ac
counts o f Banks, Bankers,
Corporations, k'lrmsand in - Q
f.'
dlviduals,
on
favorable O C C U l l L l C o ,
terms. Collect drai ts drawn
abroad on all points In the United States and Cana
da, and drafts drawn In the United States on fo r eign countries.
Buy and sell Bills o f Exchange
and make cable transfers on
all points. Issue Commercial
i •
and Travelers’ Credits available
V ^ r e C L lt.
In all parts o f the w orld.
Letters
of
BROWN, SHIPLEY & CO., LONDON.
Maitland, Phelps & Co.,
22 AND 24 EXCH A N G E
PLACE,
NEW YO R K .
TE LEG RA P H IC
TRAN SFERS
LE TTER S OF
CREDIT
J
Kessler & Co.,
Messrs. Mallet Freres
A Cie, P aris;
54 W A L L STREET, NEW Y O R K 3
Banco N ational de
Mexico, M exico, and
its Branches.
AGENTS FOR T H E BAN K OF A U ST R AL A SIA.
33 NASSAU S T R E E T .
August Belmont Sc Co.,
BILLS OF EXCHANGE ON
S M I T H , P A Y N E A S M I T H ’ S,
BAN KERS. LONDON. .
M ANCHESTER A COUNTY B A N K ,
" LIM ITE D.”
MANCHESTER. P A Y A B L E IN LONDON |
U L S T E R B A N K IN G C O M P A N Y ,
B E LFA ST, IR ELA N D ,
BANKERS,
N o. 2 3 N ASSAU S T R E E T .
A g e n t s a n d Co rr e spo n d e n ts o r THE
M essrs. R O T H S C H IL D ,
L on d o n . P a rts, F ra n k fo r t an d V ien n a.
Issue Circular Credits for travelers available In
all parts o f the world.
ALSO COMMERCIAL CREDIT8.
Draw Bills o f Exchange and make Cable Transfers
to Europe, W est Indies, Mexico and California;
E xecute orders fo r the purchase and sale o f Invest
m ent Securities.
AN D ON THE
ALSO
C ABLE TRAN SFERS & LE TTERS OF CREDIT
J ohn M unroe
&
Co.,
N o . 3 2 N a ssa u S tre e t, N e w Y o r k .
N o . 4 P o s t O ffic e S q u a r e , B o s t o n .
Issu e Circular Letters o f Credit fo r Travelers’ Use
A broad against Cash or Satisfactory
Guaranty o f Re-paym ent
E x c h a n g e o n L o n d o n , P a r is , B e r lin ,
Z u r ic h a n d S t. G a ll.
Cr e d it s
opened a n d
Pa y m e n t s Ma d e
b y
Ca b l e
[ P a r i s H o u s e —M U N R O E A C O .
Schulz Sc Ruckgaber,
BANKERS,
20
W IL L IA M
STREET, N E W Y O R K .
Correspondents o f the
In tern a tio n a l B a n k o f L on d o n (Lim ited),
l o h . B e ren b e rg , G o ssle r A C o ., H a m b u r g .
B rem en B a n k , B rem en .]
M a rc u a rd , K r a u s s A C o ., P a r is .
Commercial and Travelers’ Credits.
Bills o f Exchange.
Cable Transfers.
Kountze Brothers,
BANKERS,
40 B R O A D W A Y , Equitable Building, N EW YO RK
L E T T E R » UP C R E D IT A N D C IR C U L A R
NOTES
Issued fo r th e use o f travelers In all parts o f the
w orld. Bills drawn on the Union Bank o f London.
Telegraphic transfers made to L ondon and to
various places in the United States. Deposits re
ceived, subject to check at sight, and Interest
allow ed on balances. G overnm ent and other bonds
and investm ent securities bough t and sold on com
m ission.
John Paton &
Co.,
SUCCESSORS TO
J E S U P , P A T O N & C O .,
5 2 W i l l i a m S tre e t, N e w Y o r k .
A ccounts and A gency o f Banks, Corporations
firms and Individuals received upon favorable terms.
Dividends and interest collected and remitted.
A ct as agents fo r corporations in paying coupons
and dividends ; also as transfer agents.
Bonds, Stocks and Securities bought and sold on
commission at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought and
sold.
d r a w on
T H E UNION BAN K OF LONDON,
BRITISH LINEN CO. BAN K LONDON
SCOTLAND.
J . & W . Seligman & Co.,
BAN KERS,
N o. 23 B R O A D S T R E E T ,
N ew Y ork .
Issue Letters o f Credit for Travelers
On SELIGMAN BROTHERS, London.
SELIGMAN FRERES A CIE., Paris.
_
SELIGMAN A 8TETTHEIM ER, Frankfurt.
ALSBERG, GOLDBERG A CO., Amsterdam.
A LT M A N A 8TETTHEIM ER, Berlin.
Payable In any part o f Europe, Asia, A frica, A us
tralia and America.
_
Draw Bills o f Exchange and make Telegraphio
Transfers o f Money on Europe and California.
J . Kennedy Tod & Co.,
BANKERS,
NO. 45 WALL STREET, NEW YORK.
Deposits received subject to draft, and Interest
allowed on balances.
OFFER INVESTMENT SECURITIES.
Schweizerische Union Banlr.
Bonds and Stocks bought and sold on commission
on all American Canadian, British and Dutch
markets.
Transfer o f Stock and Bonds. Paym ent and co
lection o f Dividends, Coupons and Interest W ar
rants. Foreign Exchange and Cable Transfers on
L n I m « a d Paris
BANKERS
B oy and Sell Bills o f Exchange and
Cable Transfers on all the P rin
cipal European Cities.
ISSUE COMMERCIAL A N D
TRAVELLERS*
CREDITS, BUY A N D SELL R AIL R O A D
STOCKS, BONDS AN D INVESTMENT SE
CURITIES. ACT AS FIN AN CIAL
AGENTS FOR CORPORATIONS.
T H E N EW YO RK
Produce Exchange Bank,
Transacts a general banking businese.
Receives accounts o f banks, bankers and corpora
tions upon favorable terms.
Issues certificates o f deposit bearing interest.
Solicits m ercantile and personal accounts.
Bills o f exchange drawn on, and cable transfers
made through, T H E C ITY B a NK, Lim ited
LONDON.
Circular letters o f credit issued fo r travelers’ use
In foreign cou n tries; also com m ercial credits.
A ccounts o f foreign bankers received and col
lections In the United States made on favorable
terms. AgeQts in New York o f the
BANCO N ACION AL DE CHILE.
J. W. D im m ic k ,
President.
A. M. B a l d w i n ,
Cashlei
ALABAM A
CO LLECTIO N S AND INVESTMENTS
M ADE B Y
AND
S W IS S U N IO N B A N K ,
S T . G A L L E , (S w itz e r la n d ).
C a p ita l P aid Up
1 2 , 0 0 0 , 0 0 0 F ran ce.
Solicit A ccounts and A gencies o f Banks and
Bankers.
INTEREST ALLOWED ON DEPOSITS.
«A B L E TRANSFERS. LETTERS OF CREDIT
TRANSFERS
by m a ll an d te le g r a p h .
Messrs. Smith. Payne
A 8mlths. L ondon
J . & J . Stuart Sc Co.,
N A T IO N A L B A N K O F S C O T L A N D ,
EDINBURGH AN D BRANCHES.
L E T T E R S O F C R E D IT
a v a ila b le e v e ry w h e re .
DRAFTS
en a ll p a rts o f th e w o rld .
Orders executed fo r all investm ent Securities
A ct as agents o f Corporations, and negotiate and
issue Loans.
BILLS OF E X
CHANGE
5 South W illiam Street. New York.
FIR ST NATIONAL BANK,
M ONTGOM ERY,
ALA.
CORRESPONDENCE IN VITED
N ew Orleans Canal Sc
Banking Company,
N E W ORLEANS, LA .
C a p ita l.. . $ 1 , 0 0 0 , 0 0 0 I S u r p lu s ....8 4 7 5 ,0 0 0
J. C. MORRIS, Pres.
E D W A R D TOBY, Cash,
Co r r e sp o n d e n t s —Nat. City Bank, Nat. Bank o f
Commerce, New York. Boatm en’s Bank, St. Louis.
N. W . Nat Bank, Chicago. Merchants’ Nat. Boston
B a n k o f B u ffa lo ,
R U FFALO , N. Y .
S. S. J e w e t t , P res’t.
W m . C. Co r n w e l l , Cash ’r
C a p ita l,.. . . 0 3 0 0 , 0 0 0 I S u rp lu s......0 3 2 5 , 0 0 0
“ This Bank has superior facilities fo r making Col
lections in and out o f the city on the m ost libera
terms, and with careful attention to the bast inter
ests ox Its correspondents.
,
, „
Co r r e spo n d e n ts Importers’ A T rtdars’ Na
tional Bank and Chemical National Bank, New
York Merchants’ Loan A Trust Co., Chicago; Union
Bank o f L ondon. L ondon
R. T . Wilson & Co.,
RANKTCRH AND COMMISSION MERCHANTS
3 3 f r a i l S tre e t? N ew Y o r k «
Mabch 12, 181)2,]
THE
C H R O N IC L E
©ituadiati Banks*
Bank of Montreal,
[ESTABLISHED 1818.}
C A P I T A L . P a id In - SURPLUS
. . . .
8 1 2 , 0 0 0 . 0 0 0 Gold
2 0 ,0 0 0 * 0 0 0 G old
R o n . Sir DONALD A . SMITH. President.
E. 8. CLOUSTON. (general Manager.
N E W YO RK OFFICE:
o s . 5 9 m ud 6 1 W A L L S T R E E T .
Wa lte r Watson, 1
A l b x ’b L a n g ,
} A gents.
Buy and sell Sterling ana Continental Exchange
nd Cable Transfers ; grant Commercial and Travel
Srs’ Credits available in any part o f the World
•sue drafts on, and make collections in, Chicago
t nd throughout the Dom inion o f Canada.
L o n d o n O ffice* N o . 2 2 A b c b n r c b L a n e .
Canadian Bank of Commerce
C a p ita l and S u r p lu s.......................8 6 , 9 0 0 , 0 0 0
g o r c t f l « .
Merchants’ Bank o f Canada
C a p ita l Stock P a id U p.............; . . 8 5 , 7 9 9 . 2 0 0
R e s e r v e F u n d ........ ..........................8 2 , 5 1 0 , 0 0 6
SO CornhlU, London, March 3. 1892.
C a p ita l S u b scrib ed .......................... 8 6 .5 U 5 .U o O
r a id up...............
3 ,1 5 2 .5 6 0
R e se rv e F u n d .....................................
9 7 0 ,0 0 0
84 8 5 - £ l .
NOTICE IS H E RE B Y GIVEN that the RATES
o f INTEREST allowed fo r money on deposit are as
follow s:
A T C A L L , 1 « PER CENT.
A T 3 to 7 D A Y S ’ N O T IC E , 1 % P E R C E N T .
The Company discounts approved bank and mer
cantile acceptances, receives money on deposit at j
rates advertised from time to time in the London !
Paris mid Berlin papers, and grants loans on ap
proved negotiable securities.
C H R I S T O P H E R R . N U G E N T , M a n a g e r.
STREET,
YORK.
Imperial Bank of Canada.
C A P I T A L (paid up)
.
.
8 1 ,9 6 0 , 0 6 0
S U R P L U S ..................................
9 5 0 ,6 0 ,
H . 8. HOW LAN D, Pres’t. T. R. M ERRITT. V.-P.
D. R. W ILK IE. Cashier.
H E A D O F F IC E , T O R O N T O .
B r a n c h e s in On t a r io .—Essex, Fergus, Galt,
Ingersoll, Nlaga>a Falls, Port Coiborne, St. Cath
arines, St. Thomas, Sault rite Marie, W elland,
W oodstock, Rat Portage.
T o ro nto .—Wellington Street, Y on ge and Queen
Sts., Yonge and Bloor Sts.
B ra n c h e s in No r th w e st —W innipeg, Brandon.
Calgary, Portage la Prairie, Prince Albert, Edmon
ton.
Agents In L ondon :
I Agents In New York,
L loyd’s Bank, limited. |Ba n k of Mo n t r e a l .
Collections promptly made in any part o f Canada.
D r a w e r s o l s te r lin a ; E x c h a n g e .
B
OF
a
n
L O N D O N ,
E N G L A N D .
N e gotiate Railway, State and City loans.
E x e c u t e orders, for bonds, 8hares, etc., on Com
mission and transact a general Banking an
Commission Business.
S p ecial atten tion given to the execution o f
orders for Securities on the New York, Lon
don and Amsterdam Exchanges, in corres
pondence with
BLAKE
BROTHERS
&, CO.
5 N a s s a u S tre e t* N e w Y o r k ,
2 8 S t a t e S t r e e t . B o s t o n * M a s s ,*
ADOLPH
LIMITED,'
4 Bank Buildings, London, England,
S ubscribed an d P aid -u p C a p ita l, £ 9 7 1 , 3 0 0
This Company undertakes the negotiation and
issue o f Loans and Capital o f companies on the Lon
don market, and acts as agent fo r approved Railways
or other Corporations in payment o f Interest, Divi
dends, Registration o f Stock, and generally, and also
as Trustee fo r Debenture holders.
of
Heinemann Öc Co.,
LO N D O N .
STREET.
Australasia.
(Incorporated by R oyal Charter, 1835.)
N o. 4 T h r e a d n e e d le S tr e e t. L o n d o n .
Paid-up Capital, £1.600,000: Reserve Fund, £800.900; R eserve Liability o f Proprietors under the
oharter, £ 1,600,000.
u
L etters o f Credit and Drafts issued on any o f the
Humeious branches o f tike Bank throughont A us
tralia and New Zealand. Bills negotiated or sent
fo r collection . Telegraphic transfers mad&
Deposits received in London at Interest fo r fixed
periods, on term s which m a y b e ascertained on ap
plication.
« PR ID B A U X 8 BLBY, Secretary.
COMMISSION ORDERS executed in
bonds and stocks.
FOREIGN
bought and
EXCHANGE
sold.
Sheldon & Binney,
BANKERS,
88 Westminster St,. Providence, R . I.
Transact a General Banking Business. Dealers In
Stocks, Bonds and Local Securities.
PRIVA TE TE L E G R A P H W IRES TO N EW YO RK
A N D BOSTON.
0 h a r l b s H . Sh e l d o n , J r . W il l ia m B in n e y , J r .
Noyes & Bridge.
IN V E S T M E N T
S E C U R IT IE S .
8 Per Cent Electric Street. RR. Gold Bonds.
6 Per Cent W ater Company. Bonds.
7 Per Cent Irrigation Bonds.
11310 Per Cent State o f Wash., County Warrants.
5 3 S T A T E S T R E E T BOSTO N , M A S S .
PE ***YLVAN»A
Th om as B.
rea
.
Sa m u e l R e a .
Rea Bros. & Co.,
F o u rth
A venue*
P it ts b u r g *
Pa.
STOCKS, BONDS a ND GRAIN.
MEMBERS OF THE]
N ew Y o r k ,
P h ila d e lp h ia
an d |P ittsb u rg
S tock Exchanges*
PR IV A T E W IRE S TO N EW YORK & CHICAGO
Henry Sproul &
78
F O U R T H
Co.,
S olicit accounts and agencies o f Banks,'Railways
Corporations, Firms and Individuals upon
favorable terms; also orders fo r the pur
chase and sale o f Bonds, Shares, &c., &c.
on the Stock Exchange.
In te r e st allowed on Deposits, subject to 60-days
sight drafts, at Bank o f England rate, and
one per cent below that rate subject to de
mand drafts.
N egotiate Railway, State and City Loans.
Pierce, Wright & Co.,
52
N ew
R road
S tre e t*
A V E N U E ,
P IT T S B U R G , P A .
62 Gresham House, E. C.,
R A N K IN G C O R P O R A T IO N .
Paid-up Capital........................................$10,000,000 00
Reserve F u n d ..................................... .. 6,806,596 31
Reserve Liability o f P roprietors......... 10,000,000 00
- T h e Corporation grant D rafts, Issue Letters
Credit fo r use o f travelers, and negotiate or colli
Bills payable at Bombay, Calcutta, Slngapo;
Saigon, Manila, H ong Kong, F oochow , Ami
Ningpo, Shanghai, Hankow, Yokohama, Hioi
San Francisco and London.
A . H I. T O W N 8 E N R , A g e n t , 5 0 W a l l S t .
The Bank
BONDS o f conserratiYe
issues constantly on hand.
CABLE ADDRESS, P A V Y , LONDON.
k
Hong Kong & Shanghai
bought and
BONDS
RAILROAD
115
B r it is h N o r t h A m e r ic a ,
W ALL
If f « « * ,
E X C H A N G E B U IL D IN G ,
B O IS S E V A IN dc CO.
The Railway Share Trust
& Agency Company,
OF
N o. 52
B os’on ,
sold.
A m s te r d a m . H o lla n d .
THÉ
F Buy and sell Sterling Exchange and Cable Trans
fers. Issue demand drafts on Scotland and Ireland;
also on Canada, British Columbia and San Fran
cisco.
C I R C U L A R N O T E S Issued in Pounds Ster
ling, available in all parts o f the world. C O iflM E K C I A L C R E D I T S I S S U E D for use In
Europe. China, Japan. East and W est Indies and the
Brazils, River Plate, &c.
Bills collected and other banking business trans
acted.
H STIKBM AN
I
F. BROWNFIELD. \ Agenta.
S tre e t*
GOVERNMENT
AND
NEW
BUY A N D SELL STERLING EXCHANGE, CABLE
TRANSFERS, AC
Issu e C om m ercial C red its, A v a ila b le In
a ll P arts of the W o r ld .
AGENCY
C on gress
___
AGENTS,
W ALL
BANKERS,
48
Blake, Boissevain & Co.,
Henry Hagne and John B. Harris, Jr.,
61
f i n a n c i a l .
N E W ENGLAND.
The Union Discount Co.
of London, Limit’d.
FO O TE & FR EN C H ,
ALEX. LAIRD and WM. GRAY
AGENTS,
16 E X C H A N G E PLACE. N EW Y O R K .
BUY A N D SELL STERLING EXCHANGE, CARLS
TRAN SFERS. ETC.
Is s u e Com m ercial C red its a v a ila b le In a ll
p arts of the w o rld .
Canadian Currency bought,
Drafts drawn on and Collections m ade at all
points In Canada.
ui
MIMBERS’ OF THE
N E W Y O R K STOCK EXCH A N G E .
P H IL A D E L P H IA S T O C K E X C H A N G E .
P I T T S B U R G E X C H A N G E (3 M e m b e rs).
N.
Holmes &
Sons,
BANKERS,
P IT T S B U R G , PENN.
CORRESPONDENTS:
Bank o f New York, N. B. A .
First National Bank o f Philadelphia,
P I T T S R U R G ,
P A .
ESTABLISHED 1871.
LONDON* E , € .
A ct as Agents fo r American Banks and F inanda
Companies. Collect Foreign Exchange and execute
orders on commission on the London Market.
INTEREST ON DEPOSITS. CABLE TRANSFERS.
Whitney & Stephenson,
BAN KERS A N D BROKERS,
N o. 57
FOURTH
AVENUE.
Oldest Pittsburg members N. Y . Stock Exchange
Dennistoun, Cross & Co.,
Bartholemew Lane, London, E. C.,
E xecu te orders fo r the purchase and sale o f
Bonds, Stocks, Ac., on the Stock Exchange ; receive
accounts and Agencies o f Banks, Railways, Corpo
rations, Firms and Individuals upon favorable
term s; Commercial and Travelers’ Credits and
Bills o f Exchange on them are issued by their
A gents and A ttorneys.
MOSLE B RO TH ERS,
02
EXCHANGE PLACE, NEW Y O R K
E . W . Clark & C o.,
B AN KERS A N D BROKERS.
N o . 1 3 9 S ou th F o u r th St.,
P H IL A D E L P H IA .
Pransact a general banking business. A llow
nterest on deposits.
Members o f the Philadelphia and New Y ork
Stock Exchanges, and connected b y private wire
with New York.
THE
IT
You LTY,
C H R O N IC L E .
^Bankers and b rok ers tn 3üen) ^ o r b ©itt*.
NEW
Taintor 6c Holt,
B o ODY, M c LELLAN & Co.,
BANKERS,
Investment Securities
TRAN SACT A GE N ER A L BAN KIN G A N D STOCK
a
.
boodt,
H xnbt
C. w . m c L e l l a n ,
t . Bo o d t .
Mem ber
W ALL
n. y
. Stock E x h o a n o z ,
STREET,
NEW
D e a l t In b y
EXCH AN GE BUSINESS.
W IL L IA M C. N O Y E S
Private telegraph wires to P roviden ce and Boston
G. E. TA IN TO R. G. D. L ’H U ILIER . G. H . HOLT
96
Samuel D. Davis & Co.,
BANKERS
D. DAYIS,
Ch a s . B. VAN NOSTRANO.
Member N. Y. Stock Exchange
SAM UEL
IN V E S T M E N T
6c Turnbull,
BANKERS AND BROKERS
No. 20 Broad Street, New York.
80 BROADW AY.
STOCKS, BONOS AND PETROLEÜÄ.
IN V E S T M E N T S E C U R IT IE S .
M A R G IN A CCO U N TS S O L IC IT E D .
1 - 1 « P e r C e n t C o m m is s io n .
IN TEREST ALLO W ED ON BALANCES.
Correspondence Invited.
ESTABLISHED SINCE 1868.
BONDS.
W . K . B. EMERSON,
RAMSAY TURNBULL
Member N. Y. Stock Exchange.
Simon Borg 6c Co.,
Stewart B rown ’ s Sons,
Co.,
S ou th ern Securities a S p ecialty.
BOHD and STO CK B R O K E R S
STREET.
In addition to a General Banking Business, Buy
apd bell G overnm ent Bonds and Investm ent Se
curities.
John t ±. Davis & Co.,
BANKERS AND BROKERS,
N o . 1 0 W A L L S T ., N E W Y O R K .
Orders fo r Stocks and Bonds executed at all E x
changes
Especial attention given to supplying h ig h -d a n
IN V E S T M E N T S E C U R IT IE S .
W M . M. H A R R IM A N , Member N. Y . Stock E xchange.
NICHOLAS FISH.
OLIV E R H A R R IM A N , J r
Deaiers in Investment Securities,
NO. 7 N ASSAU STREBT,
B A N K E R S,
J
Robertson 6c James,
(Continental National Bank Building,)
Saw V «rt.
NO. 62 C E R A R
Harriman 6c Co.,
N o. 120
H . G. Campbell 6c Co.,
Maiquand 6c Skehan,
B A N K E R S AND B R O K E R S ,
In vestm en t B o n d s a n d S to ck s,
16 BROAD STREET, NEW Y O R K .
R u sse l l m a r q u a n d
Ja m e s
Member N. Y . Stock Exchange.
b.
Sk e h a n
Young & Nelson,
BANKERS AND BROKERS.
TR AN SAC T A GE N ER A L BANKING A N D STOCK
Investment
Securities
a Specialty.
Rolston & Bass,
H e n r y B. W il so n .
E m erson M c M il l in .
Emerson McMillin
Co.
&
40 W A L L STREET, NEW Y O R K .
Negotiations Conducted for Purchase and Sale o f
G a s , E le c tr ic , W a t e r , S tr e e t R a i l w a y , C o a l,
I r o n a n d I n d u s tria l P r o p e r t ie s ,
Securities negotiated only upon personal examina
tion o f property.
R o b e r t Go o d b o d y .
BAN K ER S
AND
B R O K ER S,
2 E x c h a n g e C o u rt, N . Y ,
MemDers o f the Consolidated Stock and P etro eum
Exchange.
RAILROAD STOCKS AND BONDS
B O U G H T AND
SO LD
4 t 1 - 1 6 th p er cent C o m m is s io n
EXCHANGE BUSINESS.
INVESTMENT BONDS A SPECIALTY*
T. S. Y o u n ©, J r .,
W . 8. N eleoe
Member N. Y . Stook Exchange.
A . L. L e e . G. B. W a t t s , J r
Robert Goodbody & Co.,
STOCKS, BONDS AN D MISCELLANEOUS
SECURITIES.
2 0 B r o a d S treet*
W . H . ROLSTON,
W . A L E X . BASS, Jr.
NEW Y O R K .
Members N. Y . Stock Ex.
P. 0 . B ox 8.080
EDW IN 8. HOOLEY.
W . H. Goadby & Co..
BAN K ER S AND B R O K E R S,
N O. 24
B A N K E R S A ND B R O K E R S
S to ck s
and
B onds B ought and
C o m m is s io n .
S o ld
BROAD STREET*
New T e d i,
on
Hatch 6c Foote,
IN TER E ST ALLOW ED ON DEPOSITS.
7 PINE ST R EE T , NEW YORK.
A
J U
in
d
e
X
e
,
IM V E S T M E M T
BANKERS,
18
W ALL
STREET,
NEW
GHAS. D . M A R T IN .
W . M . KIDDER.
A . M. K id d e r ,
H . J. M o rse
Metropolitan Traction
Stock,
Controlling the
BROADW AY
CABLE
S E C U R IT IE S ,
YO R K .
E sta b lish e d 1 8 0 5 .
MEMBERS OF N EW YORK STOCK EXCHANGE
A llow Interest on deposits subject to sight check.
Buy and sell on commission stocks and bonds either
for cash or on margin, and deal in
Investment Securities.
Haven & Stout,
Y O R K ,
4 6 W a l l Street, H ew Y o r k .
B A N K E R S AND B R O K E R S,
0 N e w S tre e t and 7 4 B r o a d w a y ,
NEW YO KE
BROADW AY, NEW
EQ U ITAB LE BUILDING,
3 0 B R O A D S T R E E T , N . Y .,
H e n r y G. Ca m p b e l l , 1 Members N. Y . Stock
Y,, }
Exchange.
j . B o r d e n -H a r r i m a n
DE A LER S IN
INVESTMENT and MISCELLANEOUS
SECURITIES.
B A N K E R S AND B R O K E R S ,
Gilman Son & Co.,
BANKERS,
Southern Securities a spe c ia lty
2 W a l l S treet, N e w Y o r k .
^Supply selected investment bonds fo r cash or in
« h a n g e for marketable securities.
E xecute commission orders for investors at the
Stock Exchange or in the open market.
Furnish inform ation respecting bonds
R . A . Lancaster 6c C o .,
Railroad and Investment Securities.
64 BROADWAY, NEW YORK.
Fahnestock &
S E C U R IT IE S .
C. H . HUESTIS
(Member N. Y. Stock Exchange!''
L . M. SW AN ,
E. H . LA D D . JR..
General Partners.
C. D. WOOD, Special Partner,
DEALERS IN ALL KINDS OP
STOCK. B R O K E R S ,
Stocks and bonds bought and sold on com m ission
small or large lots. A ccoun ts solicited. I n fo r
station promptly given.
BROKERS,
H o . 1 0 W A L .E S T R E E T ,
HEW YORK.
N o . 2 0 N A S S A U S T ., N E W Y O R K ,
Members New Y ork Stock Exchange,
YORK.
A N D DE A LER S IN
Emerson
Fred H . Smith,
NEW
Wood, Huestis 6c Co.*
C O M M IS S IO N
H o. 4 4 W A L L S T ., H E W Y O R K
Carefully compiled list o f choice Investm ent Bonds
furnished upon application.
BROADW AY,
31 P in e Street, New York City.
AND DE A LER S IN INVESTMENT SECURITIES
YORK.
BONDS.
T R U S T C O ’S S T O C K S .
Specialties fo r Tw enty Years.
Henry S. Redmond,
4»
BROOKLYN
FINANCIAL
No. 11 W all Street, Cor. New, New York.
Da v id
AND
BANKERS
S T B r o a d w a y , o p p o s ite E x ch a n g e P la c e .
P. O. B o x 447.
A specialty, including W ater Bonds, Car Trust
B onds and first-class ballway Bonds.
Partlsulars furnished on application.
YORK
ROAD
and the principal cross-town horse car lines,
B O U G H T AN D SO LD B Y
Dick Brothers & Lawrence,
3 0 B r o a d S tre e t, N e w Y o r k .
Howard Lapsley & Co.*
BANKERS A N D BROKERS,
No. 1 Exchange Court
NEW YORK
P riv a te W i r e s to Bouton and P h ila d e lp h ia *
H I. N ic h o l a s ,
J;
W . C. T a y l o b ,
M. M a y e r .
Members N. Y . Stock Exchange.
H . I. Nicholas 6c Go.,
BANKERS
INVESTMENT
AND
BROKERS.
SECURITIES,
SPECIALTY
11 W alLStreeti ^ e t ^ t w k .
^
M arch là
THE
1RG2.1
Qusnmutt.
ffitraitcial.
IN V E S T M E N T
BO N DS.
O F F IC E O F T S E
T R U S T E E —T H K S T A T E T R U S T C O .,
N o . 5 0 W a l l S t r e e t , N e w Y o r k C it y .
PA R TIC U LA R S UPON APPLICA TION .
Th e Gurley Investment
Company,
DENVER,
$ 5 0 0 ,0 0 0
Mortgage Loans
IN
TEXAS.
NO COMMISSIONS charged borrower or lender untt
loans have proven good.
F R A N C IS
SAN
R
e p o r t
S M IT H
&
CO .,
A N T O N IO , T E X A S .
o f t h e
c o n d it io n
A T L A N T IC M U T U A L
G A L L A T I N N A T I O N A L B A N K , at New
Y ork City, in the State o f New York, at the close o f
business March 1,189-2:
Insurance Company,
N e w Y o r k , January 25th, 1892.
The Trustees, in conformity with the Charter
o f the Company, submit tho following state
ment of its affairs on 31st day of December,
1891.
Premiums on Marine Risks from
1st January, 1891, to 31st
December, 1891....................... $3,862,687 97
Prem’ms on Policies not marked
off 1st January, 1891............... 1,394,177 87
Premiums marked off from 1st
January, 1891, to 31st De
cember, 1891............. .............. $3,784,723 36
RESOURCES.
L oans and discounts.............................. $5,059,980 15
O verd rafts secured.................................
32 45
•U. S. bonds to secure circulation.......
50.000 00
Stocks, securities etc.............................
747,991 17
227,119 38
D ue from other national banks..........
Due from State banks and bankers...
9,9*8 80
B aakinu-house, furniture and flxL’res;
50o,000 00
Other real estate & mortgages owned.
4,500 00
Current expenses and taxes p a id .......
43,106 95
•Checks and other cash item s..................
37,676 77
Ex< hanu esf >r Clearing H o u s e ..,........ 3,140,444 81
Bills <>f o 'h - r banks.........................
20.000 00
F ra ct’l paper cur’ey, nickels and cents
lo t 84
8pecie.......................................................... 1,278,106 50
Legal-tender •otes......
220,450 00
U. 8. ce tific tes o f deposit fo r legaltenders
.........
450,000 00
R edem ption fun d with U. 8. Treas
urer (5 per ct. o f circulation).............
2,250 00
T o t a l........................w......................... $11,791,803 41
LIABILITIES.
Capital stock paid in................................ $1,000,000 00
8urpiu-> fu n d ............................................
1,000,000 00
Undivided profits................................
604,610 1«
45,000 00
National bauknotes outstanding........
D ividends unpaid...................................
70 49
Individual deposits subject to ch eck .. 4,108,744 20
Demand certificates uf deposit...........
1,793 50
Certified ch ecks........................................ 2,684,184 «6
C ashier’s checks outstanding..............
05.000 00
D u e to other nat’l banks........................ 1,85-<,185 41
Due to State banks and bankers...........
894,256 19
S? T o ta l................ ................................... $11,701,803 41
State o f New York, County o f New York, ss:
I, A r t h u r W. Sh e r m a n , Cashier o f the abovenamed bank, do solem nly swear that the above
•statement is true, to the best o f my knowledge and
b elief.
A . W .S H B R M A N . Cashier.
Subscribed and sworn to b efore me this 4th day
Of March, 1802.
H . L. B r a y n a r d , Notary Public.
Correct—A tte s t:
F. D. TA PPBN ,
)
F. w . STEVENS.
> Directors.
A D R IA N ISttLIN, JR. )
D E P O R T O F T H E C O N D IT IO N O F T H E
H
F O U R T H N A T I O N A L B A N K o f the
C ity o f mew York, at N w Y rk, In the State o f
New York, at the close o f business March 1,1892:
RESOURCES.
L oa n s and discounts, ............................ $22,122,796 68
Overdrafts, secured and u n secu red ....
710 36
U. S. bonds to secure circulation..........
50,0 i0 00
12 *,663 08
.-Stocks, securities, &c...............................
Due from other nationa banks............. 1,162.09a 27
D u e fro m State banks and ban kers.....
194,388 70
Banking house, furniture and fixtures.
600,000 00
C h ’ks and other cash items $138,8*4 44
E xch ’s for Clearing House 6,961,087 09
Bills o f other banks ..........
7,2*1 00
Nickels and c e n t s ........
7 78
S pecie...................................... 6,160,346 05
Legal tender notes.............. 487,000 00
U. S. certifl ates o f deposit
f r legal tenders.............. 1,330,000 00-15,068,977 26
Redem ption fund with U. S. Treasurer
• (5 per cent o f circulation) ................
2,250 00
Due from U. S. Treasurer (other than
redem ption fund)., ................ .............
9,000 00
Losses paid during the same
Period.................................. $1,836,325 11
Fr e d e r ic k
m ead
,
)
M AN U FAC TU RE R A N D D E A L E R IN
C O T T O N S A IL D U C K
COTTON CANVAS FELTING DUCK,
C A R COVERING, BAGGING,
R AV E N S f)UCK, SAIL TW INES, * 0 «
ON TARIO ” SEAMLESS BAGS,
“ A W N IN G ” STRIPES.
ALSO. AGENTS
U N IT E D S T A T E S B U N T IN G C O .
A full supply, all W idths and Colors, always
•took.
N o . 1 0 9 D u a n e S tre e t.
The American
Manufacturing Company
( 1 1 2 W a l n u t S t ., S t . L o u i s , M o
O lu c e s £ i 6 a 1 8 E x c h a n g e P l a c e , N . Y
THE LARGEST WORKERS OF FIBRE IN THE WOULD
Manufacturers o f
CORDAGE
A N D OF
B A G G IN G F O B COTTON .
In addition to m ills at St. Louis and Charleston
nave ju st com pleted at Greenpoint,*Brooklyn, the
largest, best equipped and best lo’cated
CORDAGE
Returns of Premi. urns andExpenses.$784,790 57
AND :
B A G G IN G M IL L
IN AN Y COUNTRY.
The Company has the following Assets, viz.:
United States and State of New
York Stock, City, Bank and
other Stocks............................. $7,567,155 00
Loans secured by Stocks and
otherwise.................................. 2,009,100 00
Real Estate and Claims due the
Company, estimated at............ 1,083,400 36
Premium Notes and Bills Re
ceivable. . . . ............
1,425,030 93
Cash in Bank..............................
193,895 88
Amount..................................$12,278,582 17
SIX PER CENT INTEREST on the outstand
ing certificates of profits will he paid to the
holders thereof, or their legal representatives,
on and after Tuesday, the 2d of February next.
THE OUTSTANDING CERTIFICATES Of
the issue of 1887 will be redeemed and paid to
the holders thereof, or their legal representa
tives, on and after Tuesday, the 2d o f Febru
ary next, from which date all interest thereon
will cease. The certificates to be produced at
the time of payment and eanoeled.
A DIVIDEND OF FORTY PER CENT is
declared on the net earned premiums of the
Company for the year ending 31st December,
1891, for which certificates will he issued on
and after Tuesday, the 3d of May next.
By order of the Board,
A s s e t s D e c . 3 1 , 1 8 9 1 ........$ 6 , 7 3 7 , 9 8 8 2 1
S u r p l u s .......... 1...........................
6 4 9 ,0 4 1 0 5
1850.
1892.
The United States Life
Insurance Co
IN T H E C IT Y O F N E W Y O R K .
NEW INSURANCE WRITTEN.
1888............. $6,335,665 50 11890............. $11,955,157
1 8 8 9 . 8 , 4 6 3 , 0 2 6 00 11891........... . 14,101,664
GEO. H. BURFORD President.
C .P . FR ALE1GH ,
A . W H E E L W R IG H »
Secretary.
Assistant Secretary
W M. T. STANDEN, Actuary.
T he tw o m ost popular plans o f L IF E IN SU R .
ANCE are the CONTINUABLE TEBM POLICY
which given to the insured the greatest possible
amount o f indem nity in the even t o f death at t h e
lowest possible present cash ou tla y; and th e
G U ARAN TEED INCOME POLICY.which em braces
every valuable f e a t u r e d investm ent insurance,
and which, in the event o f adversity overtaking
the insured, m ay be used, as .C O L L A T E R A L SE
CURITY FO R A LOAN to the extent o f the fu ll
legal reserve value thereof, in accordance with th e
terms and conditions o f these policies.
Good Agents, desiring to represent the Com pany;
are Invited to address J . 8 . G A F F N E Y , Super
intendent o f Agencies, at H om e Office.
S EC U R E BANK VAU LTS.
JT. H . C H A P M A N , S e c r e t a r y .
TRUSTEES:
J. D. Jones,
Charles H. Marshall,
W. H. H. Moore,
Charles D.. Leverioh,
A. A. Raven,
Edward Floyd Jones,
Joseph H. Chapman, George H. Macy,
James Low,
^awrence Turnure,
T o t a l .........................
$39,335,782 35
Wm, Sturgis,
Waldron P. Brown,
LIAB ILITIE S.
Benjamin H. Field,
Anson W. Hard,
Capital stock paid in ........................... ...$3,200,000 00
•Surplus fu n d .................
1,500,000 00 James G. De Forest,
Isaac Bell,
U ndivided profits, n e t...............................
247,567 22
N. Denton Smith,
National bank no es outstanding.........
45,000 i>0 William Degroot,
Dividends unpaid................................
16,402 79
William H. Webb,
Thomas Maitland,
Individ.depos.sub.to c h k .fl 1,682,134 56
Horace Gray,
George L. Nichols,
Demand certif. o f deposit
84,045 56
C ash ier’s checks outst’dg 1,113,900 00
William E. Dodge,
Gustav Amsinck,
Due to other nat’l banks. 16,o85,608 83
Joseph Agostini,
Due to State b’ks & b’kers 1,*30,823 03-30,105,603 88 George Bliss,
Deposits held lo r acceptances................ 4,221,209 46 John L. Biker,
George W. Campbell,
C. A. Hand,
T o ta l......................................... ............$80,335,782 ¡¡5
Vernon H. Brown,
S tate o f New York, County o f New York, **;
John D. Hewlett,
Christian de Thomsen,
I, Ch a r l e s H. P a t t e r s o n , Casniei-of the aboveLeander N. Lovell.
nam ed bank, do solemnly swear that the above , Charles P. Burdett,
.-.statement is «.rue to the best o f my knowledge and ^ Henry E. Hawley,
b e lie f.
CH a RLE ■> H. PA T I'EKSON, Cashier.
Subscribed and sworn to before me this 4th day o f I
JOHN D. JON 3, President.
.M arch, 1802.
D. G. F a n n in g ,
C orrect A ttest:
Notary Public.
W. H. H. MOORE, Vice President.
JAM E3 G. CANNON.
,
R O H M «' w . S 'U A R T , >Directors.
A. A. RAVEN, 2d Vice-President.
*
J . Spencer Turner,
A N D A L L H IN D S OF
Total Marine Premiums....... $5,256,865 84
o f t h e
t s a l ia u t r u u s .
B r in c k e r lio iï, T u r n e r & C o .,
COLO.
-
I H
SUCCESSOR TO
■ 6 P e r C ent 1 0 - 1 5 y e a r F ir s t M o r t t a t e
G o ld B o n d s.
C a p it a l a n d S u r p lu s ,
v
C H R O N IC IT E
GENUINE
WELDED CHROME STEEL AND IRON
in Round and Flat Bars, and 6-ply Plates and Angle
FOB SAFES. V AU LTS, &c.
Cannot be Sawed, Cut. or Drilled, and positively
Burglar-Proof.
CHROME! STEEL W O R K S ,
Sole M a n ’f’era In the U. S.
B R O O K L Y N ,N .Y
JOSEPH GILLOTT’S
STEEL. PENS.
GOLD MEDAL,
Pa r is
ex p o sit io n ,
1880,
THE MOST PERFECT OFPENS.
THOROUGH CIPH ER CODE.
Secresy Device P erfect: Copious Blanks: Handy Sise
( 9 1 .5 0 each.) ( « 3 0 0 pair.) ( 9 1 5 . 0 0 d oz.)
GET IT FRO M
PUBLISHERS,
B U K N Z & CO.
Si4 C linton P I.
u
C . B U R .N Z ,
5 th F lo o r ,
3 3 W a ll St
VI
THE
CH RON ICLED
[V ol.
LIV.
%'xxL8t 0 ompatite*-.
Union Trust Company United States Trust Co.
OF
NEW YORK,
80 Broadway,
C A P IT A L
-
NewYork.
-
$ 1 ,0 0 0 .0 0 0
SURPLUS*
. . .
« $ 4 ,0 0 2 ,5 1 8 9 2
Authorized to act as Executor, Administrator,
Guardian, R eceiver or Trustee, and is
A LE G A L DEPOSITORY FOR MONEY.
A cts as Trustee o f mortgages o f corporations, and
accepts the transfer agency and registry o f stocks.
Allow s interest on deposits, which may be made at
any time, and withdrawn on five days’ notice, with
Interest for the whole tim e they remain with the
company.
For the convenience o f depositors this company
also opens current accounts subject, in accordance
with its rules, to check at sight, and allows interest
' non the resulting daily balances. Such checks pass
through the Clearing House.
Attends specially to the M ANAGEM ENT OF
R E A L ESTATE and to the collection and remit
tance o f rents.
It makes ample provision in its
N EW B U RGLAR AND FIRE PROOF V AU LTS
fo r the safe keeping o f securities placed in its cus
tody, on which it collects and remits income.«
TRUSTEES.
W m . W hitewright,
H. V an Rennsl’r Kennedy
H enry A . Kent,
James H . Ogilvte,
R . T. W ilson,
James T. W oodward,
W m . F. Russell,
George A . Jarvis,
C. D. W ood,
C. Vanderbilt,
Tames N. Platt,
A . A . Low,
JL C. Hays,
G. G. Williams*
W m . A lex. Duer,
R. G. Remsen,
Charles H. Leland,
Edward Schell,
Edward King,
Amasa J. Parker,’
E. B. W esley,
Samuel F. Barger’
D. H . McAlpin,
Geo. C. Magoun,
George B. Carhart,
W. Emlen Roosevelt!
Chauncy M. Depew.
EXECUTIVE COMMITTEE.
W m . Whitewright,
G. G. Williams,
Edward Schell,
•
E. B. W esley,
Geo. C. Magoun,
C. D. W ood,
D. C. Hays,
James T. W oodward,
E D W A R D KING. President.
CORNELIU8 D. WOOD, }
JAMES H. OGILVIE,
SVice-Presidents.
AUGUSTUS W . KELLEY, Secretary.
J. V . B. T H A Y E R . Assistant Secretary,
Knickerbocker Trust
Company,
9 3 4 F I F T H A V E ., C O R . 2 7 T H S T R E E T .
Branch office, 18 Wall St. and 3 Nassau St.
C A P IT A L , AND s u r p l u s , - S I ,0 0 0 ,0 0 0
DESIGNATED LE G A L DEPOSITORY.
A cts as Executor or Administrator o f Estates and
■a Guardian, Receiver, Registrar, Transfer and
Financial Agent for States, Cities, Towns, Railroads
and other corporations.
JOHN P. TOWNSEND, President.
CHARLES T. B AR N EY, Vice-President.
JOSEPH T. BROWN, 2d Vice-President.
D IR E C T O R S «
Joseph S. Auerbach,
John S. Tilney,
Harry B. Hollins,
E . V. Loew,
Jacob Hays,
Henry F. Dimock
Charles T. Barney,
John P. Townsend
A . Foster Higgins,
Charles F. W atson,
R obert G. Remsen,
David H . King, Jr, i
H enry W . T. Mali,
Frederick G. Bourne
Andrew H. Sands,
R obert Maclay
James H . Breslin,
C. Lawrence Perkins,
Gen. George J. Magee,
Edward W ood,
L Townsend Burden.
W m . H . Beadleston.
A lfred L. W hite.
FR ED’K L. ELDRIDGE, Secretary.
J. HENRY TOWNSEND, Assist. Secretary.
The Nassau Trust Co.
l O l B r o a d w a y , B r o o k ly n . N. V .
OF NEW YORK,
45 and 47 Wall Street.
C A P IT A L AN D S U R P L U S , - $ 9 ,7 3 0 ,0 0 0
This company is a legal depository for moneys
paid into court, and is authorized to act as guardian
or trustee.
INTEREST A LLOW ED ON DEPOSITS,
which may be made at any tim e and withdrawn after
five days’ notice, and will be entitled to interest for
the whole time they may remain with the company.
Executors, administrators or trustees o f estates,
and w o m e n unaccustomed to the transaction o f
business, as well as religious and benevolent institu
tions, will find this company a convenient depository
for money.
JOHN A . STEW A RT, President.
GEORGE BLISS, Vice-President.
JAMES S. CLARK. Second Vice-Pres’t.
H ENRY L. THORNELL, Secretary.
LOUIS G. H AMPTON, Assistant Secretary.
TR U STE E S:
W ilson G. Hunt, rJno. H . Rhoades, Chas. S. Smith,
Daniel D. Lord, Anson P. Stokes, Wm.Uockeieller,
Samuel Sloan,
Geo. H. Warren, A lex. E. Orr,
James Low,
George Bliss,
W m.H. Macy,Jr.,
Wm. W . Phelps, W m .L ibbey,
W m. D. Sloane.
D. W illis James, John C.Rrown, G. H. Schwab,
John A . Stewart, Edward Cooper, Frank Lvman,
Erastus Corning. W. B’y’d Cutting. Geo. F. Vietor,
Wm. W aldorf Astor.
Manhar tan
T rust
.
.
$ 1 , 0 0 0 , 0 0 0 OD
5 0 0 ,0 0 0 0 0
-
T ra n sa cts a G e n e ra l B a n k in g
Com er o f Wail and Nassan Sts., N. ¥.
C A P IT A L , . . . . . . . . .
Kl.OOU.itO'
DIRECTORS
F. O. French, N. Y.
H. W. Cannon, N. Y.
R. J. Gross, N. Y.
- - - John R. Ford, N. Y.
H . L. Higginson, Boston. T . J. Coolidge, jr.. Bos.
August Belmont, N. Y.
James O. Sheldon, N. Y.
E. D. Randolph, N. Y.
A . S'. Rosenbaum, N. Y.
H. O. Northcote, N. Y.
John N. A Griswold, N. Y.
C. C. Baldwin, N. Y .
Sam’l R. Shipley, Phila.
Chas. F. Tag, N. Y
R. T. W ilson, N. Y.
John Kean, Jr., N. J.
J. I. Waterbury, N. Y
F. O. French, President.
J. I. Waterbury, V.-Pres
A . T. French, Secretary and Treasurer.
ALLOW S INTEREST ON DEPOSITS.
EXE.
CUTES TRUSTS OF EVE R Y DESCRIPTION
R EG ISTR AR AND TRAN SFER AGENT
Provident Life & Trust Co
OF P H IL A D E L P H IA .
Incorporated Third Mo., 22d, 1806.
(C H AR TE R P E R P E T U A L )
C A P IT A L ...;...,......... ................$ 1 ,0 0 0 ,0 0 «
A S S E T S , $ 2 5 ,3 7 7 ,6 9 3 9 7
INSURES LIVES, GRANTS ANNUITIES, RECEIVES MONEY ON D E P08IT, returnable or
demand, or on which interest is allowed, and ii
empowered by law to act as EXECUTOR, ADM IN
ISTRATOR, TRUSTEE, GU ARD IAN , ASSIGNEE
COMMITTEE, RECEIVER, AGENT, etc., r o r th.
faithful perform ance o f which its capital anil
surplus fund furnish ample security.
A ll trust funds and Investments are kept separate
and apart from the assets o f the com pany
The incom e o f parties residing abroad oarefui
collected and duly remitted.
SAM ’ L R. SH IPLEY, President.
T. WIST A R BROWN, Vice-President.
ASA 8. W ING. V ioe-P reildentand Antu ar*
Business«
ALLOWS INTEREST ON D A IL Y BALANCES SUBJECT
TO CHECK.
TRUSTEE UNDER MORTGAGES. TRANSFER AGEN3
REGISTRAR.
BOARD OF DIRECTORS.
T . Jefferson Coolidge, Jr.^President*'
Frederick L. Ames,
John F. Anderson«'
John L. Bremer,
Martin Brimmer
T. J efferson Coolidge«
George F. Fabyan,
George P. Gardner
Francis L. Higginson.
Henry S. Howe,
W alter Hunnewell,
William P. Mason
George Von L. Meyer«.»
Laurence Minot,
Richard Olney
Henry R. Reed,
Lucius M. Sargent,
Nathaniel Thayer
John l. Waterbury,
Stephen M. W eld,
H enry C. W eston
T. JEFFERSON COOLLDGE, JR.,
Co
D E P O R T O F T H E C O N D IT IO N O F T H E
IV A M E R I C A N E X C H A N G E N A T I O N A L
B A N K ., at New York, in the State o f New York «*
the close o f business on the 1st day o f March, 1892.
RESOURCES.
Loans and d isco u n ts ............................. .$17,929,985 29
S.227 83
overdrafts . ........................... .............
50.000 00
U. S. bonds to secure circulation .. ..
U. S. bonds on hand.............................
646.01 0 00
195.20M 70
Stocks, securities, e t c .. .,.....................
Due from other national banks...... . . 2,lu9,oll 82
Due from State and private banks and
414,500 36
bankers.........................................
Banking house ................... ....
300,0('0 00
4 >86 72
Other real estate and m ort’ges owned.1.
99,990 08
Premium on U. S. bonds.............
.
282.292 52
Checks and other cash item s......
. 5,123,019 02
Exchanges fo r Clearing H o u se ..
.
34,7*0 00
Bills o f other banks....................
Specie.............. ...............................
8,934.370 8H
. l,47o,000 00
Legal-tender notes.......................
U. S. certificates o f deposit fo r legal
100,000 00
tender notes............................... ..........!
r,
2,250 00
Redem ption fund with U. < T-easurer_____________
T o t a l.......................
632,600,100 87
LIABILITIES.
Capital stock paid in ..................... $6,000,000
00
Surplus fu n d ....................
1,060,000 00
Undivided profits...........................
603,876
09
43.240 00
C O R N E R 4 th A N D L O C U S T S T R E E T S National bank notes outstanding........
Dividends un paid..........................
12.070 00
St. L o u is , Mo.
Individual deposits subject to ch eck... 13,1*0,020 10
Demand certificates o f d e p o s it........ .
40,324 76
C a p ita l an d S u rp lu s, $ 3 ,0 0 0 ,1 1 0 0 Certified
checks..................
1,572,703 28
D IR E C T O R S «
Due to other national banks....... 7,181,270
04
Due io State & private banks & b ’nkers 8.307,11*5 01
John T. Davis,
Alvah Mansur,
Daniel Catlin,
Edward S. Rowse,
T o t a l . , . . . ; . . . . . ; . . . . . . . . ...................... $82,66 ',100 b7
Bam’l W . Fordyce,
Jno. A . Scudder.
State o f New York. City and County o f New York, ss •
August Gehner,
Edward C. Simmons,
I, Bd w a r u - B u r n s , Cashier o f The American
H enry C. Haarstick,
Edwin O. Stanard,
Exchange National Bank, in the City o f New York,
W m . L. Huse,
J. C. Van Blarcom,
do solemnly swear that the above statement is true
Ohas. D. McLure,
Thos. H. West,
to the best o f my knowledge and belief.
Edwards Whitaker.
E D W A R D BURNS, Cashier.
THOS. H . W EST, President.
Sworn to and subscribed before me this 8th day
o f March, 1892.
W m . I ves W a s h b u r n ,
JOHN D. FILLE Y, Secretary.
- Notary Public, N. Y. Co.
A . C. STE W A R T. Counsel. Correct—A tte s t:
A llow s Interest on Deposits. Executes Trusts o f
JOSIAH M. FI8KE,
every Description. A cts as Registrar and Transfer
Directors.
J. K. M A XW E LL,
A gent, Ac
FAd
D U M o T U l A o KE,
St. Louis Trust Co.,
B O S T O N , M ASS.
C a p ita l
S u r p lu s ,
C. 8 TUCKERMAN,
C A P IT A L ............................................. $ 5 0 0 ,0 0 1 '
Deposits received subject to check at sight, and
I n t e r e s t a l l o w e d on the resulting daily balances.
Certificates o f deposits issued for time deposits.
On which s p e c ia l r a t e s will be allowed.
I n t e r e s t c o m m e n c e s !'r»m d a t e o f d e p o s it .
Authorized by law to act as Executor, Adminis
trator, Committee, Guardian, Trustee, Receiver,
Fiscal and Transfer A gent and as Registrar o f
Stocks and Bonds; is a l e g a l d e p o s i t o r y f o r
T r u s t F u n d s and for moneys paid into court.
Loans made on approved collaterals.
Checks on this Company are payable through the
New York Clearing House.
A . D. W HEELOCK, President.
W ILLIA M DICK,
) v i „ „ PrAa.,_
JOHN TRUSLOW, j Vice-Prest s.
0 . F. RICHARDSON, Secretary.
TRUSTEES «
W m . Dick,
Bernard Peters, John Loughran,
A . D. Baird
W m . E. Horwill, Edward T. Hulst,
Darwin R. J ames, J. B. Voorhees, J no.McLaughlin,
E. B. Tuttle,
A . D. Wheelock, A . M. Suydam,
John Truslow,
W m . F. Garrison, W m.E. W heelock
Ditmas Jewell,
Jno. T. W illetts, O. F. Richardson,
F. W . Wurster, Chas. H. Russel), Henry Seibert.
O LD C O LO N Y
TR U ST COM PANY.
P resid en t,
S ecreta ry
N ew Yc rk Guaranty &
Indemnity Co.,
59 C E D A R S T R E E T , N E W Y O R K ,
M u tu a l L ife B u ild in g .
C A P IT A L ,,
SURPLU S,
.
.
.
$ 2 ,0 0 0 ,0 0 0
$ 5 0 0 ,0 0 0
TRANSACTS A GEN ERAL BANKING AN D
TRUST COMPANY BUSINESS. AND SOLICITS
T H E ACCOUNTS OF CORPORATIONS, FIRM S
AN D INDIVIDUALS.
INTEREST ALLO W ED ON DEPOSITS.
E D W IN P A C K A R D . P re s id e n t.
A D R I A N I 8 E L D , J r . , V ic e - P r e s id e n t .
G E O . R . T U R N B U L L , 2 d V ic e -P r e s id e n t.
H E N R ¥ A . M U R R A Y , T r e a s . a n d ?*ec.
J . N E L S O N B O R L A N D , A s s is t. S e c r e t a r y
DIRECTORS,
Samnel D. Babcock,
Augustus D. Juilliard,
FTederic Cromwell,
Richard A . McCurdy,
Josiah M. FIske,
Edwin Packard,
W alter R. Gillette,
H enry H. Rogers,
R obert Goelet,
H enry W . Smith,
George Griswold Haven, H . McK. Twombly,
Oliver Harriman,
Frederick W . V anderbilt.
Charles R. Henderson,
William C. Whitney,
Adrian lselin, Jr.,
J. H ood W right.
EXECUTIVE COMMITTEE.
Samnel D. Babcock,
Richard A . McCurdy
Frederic Cromwell,
Edwin Packard,
George Griswold Haven, H. McK. Twom bly.
Augustus D. Juilliard,
H enry H . Rogers.
Mississippi Valley Trust
Company,
3 0 3 N o r tli 4 tii S tr e e t,
S T . L O U IS , M IS S O U R I.
C a p i t a l ........ ................ ......................$ 1 5 0 0 , OOD
UNDER ST AT E SUPERVISION.
$ 2 0 0 , 0 0 0 d e p o s it e d w i t h S t a t e O ffice r t o
p r o te ct tru st lia b ilit ie s .
A G E N ERAL TRUST COMPANY BUSINESS.
Allow s Interest on Deposits.
Authorized to act as Executor, Guardian, R eceiver.
Trustee, Ac. Manages Estates. Collects Rents.
Becomes Surety on all kinds o f Court Bonds.
Has Safety Deposit Vaults; a Savings Departm ent.
INVESTMENT SECURITIES A SPECIALTY.
DIRECTORS:
Charles Clark,
L. G. McNair,
Chas. H . Bailey;
Thos. T. Turner, John D. Perry, F. W . Paramore,
Wm. F. Nolker,
John Scull in.
Geo. H. Goddard,.
T. O’Reilly. M. D., B. F. Hammett, James Campbell.
Sam’l M. Kennard, S. E. Hoffman, A ugust Gehner,
Aug. B. Ewing,
D. W . Caruth, Julius S. Walsh,
S. R. Francis.
B. F. Hobart. Williamson B a co n .
OFFICERS:
J u l iu s 8. W a l s h , President.
J o h n D. P e r r y , 1st Vice-President.
J o h n Sc u l l in , 2d Vice-President.
B r e c k i n r i d g e J on es . S ecretary.
Metropolitan Trust Co.
37 a n d 3 9 W a ll S tre e t. N e w Y o r k .
P a id -U p C a p i t a l ........ ................... $ 1 , 0 0 0 . 0 0 9
S u r p lu s
...........................................
7 0 0 ,0 0 0
Designated as a legal depository by order o f
Supreme Court. Receive deposits o f m oney on in
terest, act as fiscal or transfer agent, or trustee fo r
corporations, and accept and execute any legal trusts»
from persons or corporations, on as favorable term»,
as other similar companies.
Thomas H tllhouse.Pres. Fred ’k D. Tap pen, V.-PreaC. M. Jesup, 2d V.-Pres.
Beverly Chew, Secretary.
George D Coanev. Assist in Secretary.
THE
March 12, 18v»2.j
gauU
I7hnmciaX.
d e p o r t
NO. 6.
Northern Pacific Rail
road Company.
Notice is hereby given that 100 o f the GENERAT j
SECOND M ORTAGE BONDS o f the NORTHKRN
PACIFIC R AILR O A D COMPANY were this day
drawn from the sinking fund, in accordance with the
requirements o f A rticle 11 o f the Trust Mortgage,
numbered as follows, viz.:
$ 1 ,0 0 0 C OU PON B O N D S .
15071
9547
6754
173
3285
15397
9577
217
7154
3654
15534
9722
7219
424
3672
15693
10070
7308
545
3675
15861
10202
7446
633
3751
Ì6040
10213
7491
822
4188
16151
11710
7695
969
4214
16152
12478
7915
6318
1193
17387
12596
8173
6356
1242
18118
12676
8219
1275
5359
18272
13281
8V34
5426
1806
18346
13323
8508
5520
2059
18347
13375
8583
6809
2145
19236
13378
8597
2164
5811
19289
13427
8761
5850
2227
19366
14556
8887
2242
6039
19479
14585
9194
2262
6222
19566
14587
9166
6374
2594
19620
14606
9167
6885
2772
19939
14777
9460
6552
3037
These bonds will be paid at 110 and accrued in
terest upon presentation at the office o f the FA RM
ERS’ LOAN AND TRI ST COMPANY, Nos. 16,18,
20 and 22 William Street, New York.
The interest on the above bonds will cease on and
after April 1, 1892.
T H E FARM ERS’ LOAN AND TRUST CO., Trustee.
By R . G . H O U S T O N , P r e s i d e n t .
N e w Y o r k , February 16,1892.
e p o r t o f t h k c o n d it io n o f t h e
N A TIO N A L B a n k o f TH E REPUBLIC, at
New York, in the Sfa' e o f New York, at the close o f
business March 1, !o92:
R
RESOURCES.
Loans and discounts.....................
$12,842,806 35
Overdraft».................................................
2i'3 41
U.S. bonds to secure circulation..........
170,000 00
U. S. bonds to secure deposits...........
200,000 00
U. S. bonds on h n d .................................
17,000 00
S tocks,securities, & c........... . . . . . . . . . .
97*,3«2 54
Due from other national banks............. 1,4*6,? 18 21
Due from State banks and bankers......
168,' 72 28
Banking house, fur, iture and fixtures
6*7,6*4 1»
Current expense» and taxes paid........
19,388 96
Premiums on U. S. bonds,.....................
67.265 Oo
Checks & otb. cash items
$45,938 63
Exchanges for ClearingH ouse............................. 1,1«1.I40 34
Bills o f other banks........
153,288 00
Fractional (taper curr’cy,
nickels and cents........
159 24
Specie ............................... 1,907,178 50
Legal tender n otes........
504,457 00
U .S . < ertiflca'es o f d e
posit fo r legal tenders 1,400,000 00
Redemption fund with
U. S. Treasurer (5 per
cent o f circulation) ...
7,650 00— 5,199,8U 91
T otal................................................... . $21,7*6,232 82
L IA B IL IT IE S .
Capital stock paid in ................................ $1,500,000
Surplus fu n d ..................
500.000
Undivided profits.....................................
4»9,383
National bank notes outstanding........
126,3e0
Dividends unpaid....................................
I9,3e6
Ind. dep. su b .to ch eck... ¿2,879,437 01
Demand cert’s o f deposit
27,770 38
Certified checks..............
545,796 06
Cashier’s checksoutst’g.
292,608 57
United States deposits..
20o,0oo 00
Due to other nat. banks. 12,046,577 39
Due to State bks.A b’kers 3,178,878 01-19,171,073
00
00
40
00
00
42
T otal.....................................................$21.7*6,232 82
State o f New York. County o f New York. »*.:
I, Ol iv e r S. Ca k t k r , President o f the abovenamed oank, do solemnly swear that the above
statem ent is true, to the best o f mv knowledge and
b elief.
O LIV E R 8. C AR TE R, Preside t.
Subscribed and sworn to hefore me this 4th day
o f March, 18«2. t
E l is h a K . <a m p .
Correct—A tte s t:
Notarv Public, N. Y .
GEO. B. C A R H A R T ,).
D. H . Mc-VLPIN,
/D ire cto rs .
E. H. PU LLEN,
1
5
E U C L ID
AVENUE,
ROOM
26,
C L E V E L A N D , O H IO .
REAL ESTATE AND LOANS.
Choice loans on inside property placed for Eastern
parties. Best o f references given. Your favors
solicited.
S tock s a n d B o n d s o f th e N e w
a r k P assen ger a n d R a p id T ra n sit
S treet R a ilw a y C om p anies
D E A L T IN B Y
J.
7
S tre e t, N e w a r k ,
N.
o f t h e
c o n d it io n
o f
t h e
Jlu C H E M I C A L n a t i o n a l b a n k O f
N E W Y O R K , at New York, in the State o f New
York, at the close o f business on the 1st day of
March, 1892 :
RESOURCES.
Loans and d isc o u n ts
......................$22,692,733 14
6.54» 42
O verd rafts....
50,000 00
U. S. bonds to secure circulation
iS
Stocks and securities..............................
Due from other national banks...........•• l,3 0,490 67
Due from State and private banks and
537.731 55
bankers.
□g house...................
h ....... .....................: : • v _l _;
Banking
'
^41750 60
Other real estate a t d m ort’ges owned.
368 l l
Current expenses and taxes pa'd.
................................
......................
647,647 83
■
M
|
Checks & other cash items.
I xchanges tor Clearing-H iuse...........
nn
11,010 00
Bills o f o' her hanks—
Fractional paper currency, nickels
6,390
00
and cen ts.«.............................................
6,751,411 55
S ecie.
Legal-tender notes ............................
2,161,866 00
Collector o f custom s..............................
so.noo 00
Total.
..................................... . •.$36,676,3x1 68
J.
.
Richard V. Harnett & CoHenry W. Donald, Auctioneer»
REGULAR AUCTION S A L E
OF
S to ck s a n d
B on d s,
'«UESDAY, March 15, at 12:80 P. M.
At the Real-Estate Exchange & A uction R oom ,
Nos. 59 to 65 Liberty St.
(For account o f whom it may concern.)
10 shares Southern National Bank, $100 each.
6 shares Empire & Bay State
Telegraph Co.,
$100 •ach (4 per cent interest payable
quarterly, guaranteed by Western Union
Telegraph Co.)
10 shares Im porters’ A Traders’ National Bank,
*lu0 each.
40 shares Otto Pungs Silk Throwing Co., o f College
L IA B IL IT IE S .
___ ____ __
Point, $100 each (hypothecated.)
Capital stock paid in ................................ $300.000 00
12 shares Chatham National Bank. $25 each,
Surplus fu n d ............................................. 6,o00,000 00
724,139
81
19shares Central National Bank, $100 each.
Undivided profits....................................
3jm
l>iU K
1
10,874 00
3 shares Farmers’ Loan <S Trust Co., $25 each.
State bank circulation outstanding .. .
45,550 00
12 shares Corn Exchange Bank, $100 each.
Div deods unpaid....................................
10 shares International & Mortgage Bank o f M ex
Individual deposits sub
ico, $ loo each.
ject to check
............$20,424,977 44
6 shares National City Bank, $100 each.
Demand ceitiflcates o f
47 shares National Butchers’ & Drovers’ Bank, $2$
deposit...........................
1,213,059 88
each.
Certifi d checks................
3i2,102 13
Cashier’s checks out____ ___ ■ :__ 100 shares National Broadway Bank, $25 each.
standing ................
331,842
57-22,281.98202 20 shares H anover National *ank, $10n each.
90 shares Mercantile Exchange National Bank,
Due to other national hanks................. 4.*69,435 11
$30 ghp.Ii
Due to State and private bks & b’nkrs .__ 2,44 ,3>i 24
25 shares National Shoe & Leather Bank. $100 each.
T otal......................................................$86,b76,32l 68
$142 Mutual Fire Insurance Co., Scrip ($45 issue o f
State o f New Vork. County o f New Y o r k :
3887: *47 issue o f 1888; $50 issue o f
X, WM J Q u in l -h', Jr., Cashier o f “ the Chemical
1890.)
N a tio-a l Bank o f New York,” 'o solem nly swear that $2,000 San Luis Land & W ater Co. 1st m ortgaged
the above statement is true, to the best o f my
per cent bonds, due Sept. 1 ,19t>0,
$5,000 Pittsburg Fort W ayne & Chicago B. R. Co.
knowledge and belief.
WM. J. QUINLAN, Jr., Cashier.
7 per cent bonds, due 1912.
Sworn to and subscribed before me this 7th day $5,000 Morris A Essex R.R. Co. 1st mortgage 7 per
o f March, 1892.
Ed w d . P B r o w n ,
cent bonds, due 1914.
Correct—A tte s t:
Notary Public.
Real Estate Mortgage Bonds negotiated by the
J. A . ROOSEVELT,
)
W estern Farm Mortgage Trust Company, o f Denver,
FRBDKRIC W. STKVENS, / Directors.
Colorado, made by the following persons.
ROBERT GOELET.
)
$16,000 Bond o f Charies Brown, 6 per cent, due
July 1,1894.
4300 Bond o f John Gardner, 7 per cent, due Aug.
D E P O R T O F T H E C O N D IT IO N O F T H E
1, 1894.
r v C' >NT1 v ENT a L NATIONAL B a N k , a t New
$2,250 Bond o f Edmund G. Derby, 6 per cent, due
York, in the S a t e o f New Y o m .a t the close o f busi
June l, 1894.
ness March 1st, 1892:
$2.000 Boao o f G. F. Becker, 8 per cent, due Dec.
RESOURCES,
1,1892.
Loans and discounts........ ............. . ...$5,168,173 09
$2,000 B ond o f G. F. Becker, 8 per cent, due Dec.
Overdrafts secured and unsecured........
21 48
1,1891,
U. 8. bonds to secure circulation. . . . . . .
50,000 00
$1,550 Bond o f Missouri Valley Land Co., 6 per
233,356 44
Stock», securities, e tc..............................
cent, due May 1,1895.
Due from other national banks..............
181,474 20
$l,e00 Bond o f Missouri Valley Land Co., 6 per
Due from State banks and bankers.. .
43,40* 76
cent, due April 1,1895.
Bank ng house, furniture and fixtures..
8*5,000 00
41,200 B ond o f Empire Land & Canal Co., 7 per
Other real estate and mortg’s ow n ed.,.
174.142 32
cent, due Jan. i, 1896,
Current expenses at d taxes paid...........
1 >,974 23
$800 Bond o f Empire Land A Canal Co., 7 per
Checks and other cash item s...................
12.'05 12
cent, due Jan. 1,1896.
Exchanges fo r Clearing H ouse.............. 3,546,9j 1 59
$3,000 Bonds (5 o f $l,60oeacb) o f Morris B Colt, 7
Bills o f o he> banks
........................•
6,800 00
per ce t, due Nov. 1,1895.
Fract onal paper currency, nickels and
$3,200 Bonds (2 o f $1,600) o f A . B. Coulson, 7 per
-unpi
..........................
154 81
cent, due Jan. 1,1896.
Specie . ' . ' . ...............................
905.:-48
05
$4,800 Bonds (3 o f $1,600 each) o f Stuart O’Henry,
Legal tender notes............................ •••••• ISHiOOo 00
7 per cent, due Jan. 1,1896
U. 8. certificate o f dep >sit fo r legal
$10,000 Bond o f the North W estern Land & Invest
tenders........... ..........................................
365,000 00
ment o., 7 per cen , due Jan. 1,1896.
Redem ption fund with U. 8. Treasurer
$2,400 Bonds (2 o f $1,200 each) o f Richard G.
2.2o0 00
(5 per cent o f circulation)................... .
Evans, 6 per cent, due May 1,1894
$1,800 Bond o f George W. Elliott, 6 per cent, due
T otal........................
$ ll,6 3 i,o o l 09
May 1,1895.
LIABILITIES.
$7,500
Bond
o f Gilbert L . Chamberlin, 6 per cent,
Capital stock paid In........................ ®LOW;000
00
due Aug. 1,1894.
Surplus tun-......................................
2o*’ - oa
no
$600 Bond o f James Mc.D. Israel, 6 per cent, due
Undivided profits.................. ••...............
06,090 02
Mar. 1, 895.
National ban* notes o u tsta n d in g .......
45,' 00 00
8,498 42 $12,800 Bonds (8 o f $1.600 each) o f Mosca Land A
Dividend* unpaid........................
Farm Co., 7 per cent, due Nov. 1,1895.
Individual deposits subject to ch e ck ... 2,860.177 22
$2,500 Bond o f Missouri Valley Land Co., 6 per
■ emand certificates o f d e p o s it ..
10,640
19
cent, dne Sept. 1,18*5.
A ccepted checks.............................. 2,73«,*3j
to
$2,050 Bond o f Missouri Valley Land Co., 6 per
Cashier’s checks ou ts'a n d iu g...... . ..
217 74
cent, due 8ept. 1,1895.
Due to other national banks......... 3,694,6*6
34
$1,800
Bond
o f Missouri Valley Land Co., 6 per
Due to State banks and baukers.........
8<7,i.66 8«
cent, due Sept. l . :
T o ta l.. . . .........
.$11.531,061 19
$800 Bond o f Missouri Valley Land Co., 6 per
cent, due Sept. 1, 1895.
State o f New York. County o f New York, ss:
I, ALFRED H. T im PSoN, Cashier o tth e above-named
Lists at auctioneers’, 71 and 73 Liberty St.
bank, do solem" ly swear that the above statement
N. B.—Sales should be received by noon on Friday
is .rue, to the best o f my * now edge and belief.
to get the benefit o f advertising in this paper.
ALFRE D H T1MPSON, Cashier.
Subscribed and sworn to before me this 4th daj
C L E V E L A N D C O L U M B U S C I N C IN N A T I
• f March, 1892.
G eo rg e H. Co r k y ,
&
INDIANAPOLIS R A I L W A Y
Correct— a tt e s t :
N<>tary Public, N. Y. Co.
H E N R Y M. T A BE R ,
,
C O M P A N Y C O N S O L ID A T E D
FREDERIC T a YL O R ,
/D ire cto rs
M O R T G A G E BONDS.
EDMUND D. RANDOLPH. )
In accordance with the provisions o f the above
bonds, 1, the undersigned, hereby give n oiice that
the follow ing numbers, viz.:
4566 6337 4564 6248 7025 5118 6949 8826 389»
3415 3400 6308 4559 6495 4730 4752 6112 4321
3193 5259 32*2 6228 3243 6738 7147 6010 5486
6*99 6056 4813 4617 3320 5041 6669 7176 6576
6406 6880 5036 7276 5< 84 6771 63*2 3449 7310
7063 6165 4810 5608 4994 4990 7049 5679 3618
Th6 undersigned hold R E G U LA R WKBKLT
4620 3437 7111 6867 6717 5265 6513 3273 7069
3984 6624 4076 4754 6757 3829 5148 6826 6603
AUCTION SALKS o f all classes o f
6257 7202 4935 3594 3185 4720 3578 4831 7407
3*92 4972 6955 6863 5479 5378 4286 3663 6920
3*73 3581 7383 6683 6120 4423 4412 3887 4863
6881 7180 6018 3929 6300 7330 5370 7254 5554
ON
being one per cent o f forty-three hundred and
twenty-seven (4,327) bonds outstanding (including
those paid and held in the sinking fund), plus the in
EVERY W EDNESDAY.
terest that would have accrued i n the bonds
redeemed, were this day designated in m y
A D R I A N II . MUIxJLER & SON, already
presence to be redeemed, together with the accrued
interest thereon, as provided in said bonds, at the
office o f Messrs. Drexel, Morgan & Co. in the City o f
N O . 1 P IN E S T R E E T . N E W Y O R K .
New York, or at the office o f Messrs. J. S. Morgan A
Co., in London, on the first day o f June, 1892, at
which date interest on said above designated bonds
SOUTHERN
will cease.
Dated MEW Y o r k , March 5,1892.
ANTHONY J. THOMAS,
A ttorney in fa ct fo r Charles Edward Tracy, Surviv
ing Trustee.
GEO. 8. BOWDOIN.
OF T H E HIGHEST CH ARACTER.
Of Drexel, Morgan A Co.
Attost j
7 P e r C en t D eb en tu re B o n d s.
[L. S.j W a l t e r B. H o r n , Notary Public, Kings
8 P e r C en t G u a r a n te e d M o r tg a g e s.
County. Certificate Filed in New York County.
N ote .—Such o f the above described bonds as have
been stamped, pursuant to the agreement o f A pril
28,188o, will remain exem pt from the Sinking Fund
provisions o f the mortgage and this notice,
6 0 B R O A D W A IT , N E W Y O R K ,
t
G. S. RUSSELL, Treasurer.
S T O C K S and BO N D S
A t Auction.
California Securities
W . R . T . Johnston,
S. R lP P E L ,
C lin to n
J u n c t io n s .
STOCKS AND BONDS
George M. Hicks,
V II
C H R O N IC L E .
arili
THE
First Mortgage 5 Per Cent
Cold Bonds
OF TH E
Edison Electric Illum in
ating Company
OF
B R O O K L Y N , A. Y .
D a te d O ct. 1 , 1 8 9 0 .
D ue Oct. 1 , 1 9 4 0 .
In te r e st p ay ab le A p r il nnd Octob r .
R e d e e m a b le a t 1 1 0 and in te re st a fte r Oct.
1 .1 9 0 0 « a t C o m pan y's option .
F r a n k lin T r u s t Co. T ru ste e o f the M o rtg a g e .
T h e Edison Electric Illu m in a tin g C om pany
ot B r o o k ly n con trols by licen se from the
p a r e n t Edison C om pany the e x c lu siv e r i*h t
fo r the C ity o f B rooklyn to use the Edison
system fo r the production and d istrib u tion
o f ele ctric lig h t and p ow er, a s a ls o fo r a ll
p a te n ts con trolled by the p aren t C om pany
fo r iso la te d b u sin ess.
The Edison system o f conductors, covered by many
patents, is wholly underground, thus securing com
plete immunity lrom the many troubles incident to
overhead systems o f distribution.
These bonds are secured by a first m ortgage on all
the property, real and personal, now owned or here
after to be acquired, rights, franchises, leases, un
derground conductors, and everything pertaining to
the business o f the company.
It Is provided in the mortgage securing these bonds
that there cannot be at any time an amount issued
in excess o f fifty per cent o f the outstanding capital
stock, and the total issue o f these bonds is absolutely
lim ited to $ ',500,000.
T he real estate owned by the company is centrally
located and valuable fo r general business purposes.
T he company commenced operations September 1,
1889.
The total lamp equivalent connected March 1,
1898, is 44,709. During January and February o f this
year there have been added m ore than 3,300 ad
ditional lamps, and orders fo r 10,000 m ore are in hand,
to be connected by May 1.
T h e percentage o f g a in in results« 1 8 9 1
com pared w ith 1 8 9 0 , sh o w s t
In c re a se in gross e arn in g s. 9 0 per cent.
In c re a se in exp en se«, 3 3 p er cent.
In c re a se in ne e arn in g s, 1 4 0 per cent.
J a n u a r y , 18918. net earn ings w e re £ 9 ,»
1 1 4 * 9 1 , com pared w ith $ 6 , l i ? ' 7 3 in 1 8 9 1 .
F e b r u a r y , 1 8 9 ^ , net earn in g s w e re 8 9 .>
0 2 8 *9 :8 , com pared w ith 8 4 ,9 4 9 * 0 0 in 1 8 9 1 .
T he company is paying regular quarterly dividends
o f 1 per cent on its capital stock, having begun same
fo r the quarter ending June 30,1890.
B O A R D OF D IR E C T O R S .
E. L E GRAND BEERS,
C.
N. HOAGLAND,
JOSEPH E. BROWN,
SAMUEL INSULL,
EUGENE CROWELL,
D A R W IV R. JAMES,
CHAS. E. CROWELL,
M A R TIN JOOST,
Et h a n a l l a n d o t y ,
EDW IN PA CK ARD.
F. S. HASTINGS.
CHAS. M. PR A TT,
GEO. FOSTE
PEABODY.
T h e undersigned w ill receive sub scriptions
f o r the sam e a t the price o f 101)6 and accrued
in te re st.
Subscription b ook s w ill be op e se d W e d
n e sd ay , M a rc h 1 « . a t 9 A . M ., and c ln s-d
F r id a y , HI arch 1 8 , a t 3 P . M . an d a llotm en t
m a d e a s soon th e re a fte r a s p o ssib le . *» he
rig h t is reserv ed to reject any o r a ll offers or
b id s, to a llo t a sm a lle r am oun t th n anbscribed lo r, and to «lo se the books a t an
e a r lie r d ate than th a t m en tion ed.
T e rm s o f paym ent i It» per cent p a y a b le
upon ap p lication , b a la n c e w ith in 1 0 d ays
a fte r a ll ttnen t; a t w h ich tim e th e bonds
w ill be ready f r d e live ry,
F u ll p a rtic u la rs upon ap p lic a tio n .
Franklin Trust Co.,
1 8 6 B E ISSE N S T ., B R O O K L Y N , N. Y .
Spencer Trask & Co.,
16 A N D 18 B R O A D S T ., N E W Y O R K .
2 0 CONGRESS ST., BOSTON.
A L B A N Y AN D P R O V ID E N C E .
IVor. U V
f i n a n c i a l .
ffiimtxcial.
Cleveland Cincinnati Chicago
T o th e S tock h o ld ers o f the
IfiîxattJciaX.
$ 500,000
C H R O N IC L E
N e w Y o r k , March 7,1892.
& St. Louis Railway Co,,
Edison General Electric Go.
Cincinnati Wabash & M ichigan DIy .,
Thomson-Houston Electric Co.
1ST M ORTGAGE
4 PER C EN T BONDS,
D U E 1991.
In tere st p ay ab le J a n u a r y 1 and J u ly 1 , in
the City o f N e w Y o r k .
P R IN C IP A L AN D IN T E R E S T P A Y A B L E
IN G O L D C O IN .
Coupon B onds o f 8 1 , 0 0 0 each , w ith pro«
v isio n for re g istra tio n o f p rin cip al.
These bonds are part o f an issue o f $4,000.000, made
by the Cleveland Cincinnati Chicago & St. Louis
Railway Company, and secured by a first mortgage
o f the line o f road, about 203 miles in length, from
Rushville, Ind., to Benton Harbor, Mich., form erly
known as the Cincinnati Wabash & Michigan
Railroad, and now operated by the Cleveland Cin
cinnati Chicago & St. Louis Company as a division
o f its own line.
The issue is at the rate o f about $20,000 per milfe,
and the mortgage covers ail equipments, terminals
and other property form erly owned by the Cincin
nati Wabash & Michigan Company.
This line has been operated as a portion o f the
Cleveland Cincinnati Chicago & St. Louis system
since July 1,1891, only. Its net earnings for the six
months ending Dec. 31,1891, were $129,384, or con
siderably in excess o f the interest charges fo r the
same period.
For some years the Cleveland Cincinnati Chicago
& St. Louis Company has earned and paid divi
dends on over $30,000,000 o f stock, and fo r the six
m onths ending Dec. 31,189!, its earnings showed a
large gain over the corresponding period in the pre
vious year.
W e offer a portion o f the above issue at 90 and
accrued interest, subject to previous sale, reserving
the right to advance price without notice. A t 90 per
cent, tbe bonds yield about 4% per cent, and we
believe them to be an absolutely safe investment.
Morton, Bliss & Co.,
28 NASSAU S T R E E T .
Vermilye & Co.,
AN D
The Stockholders’ Agreem ent dated Feb. 9,1892,
between certain stockholders o f the Edison General
Electric Company o f New Y ork and the Thom sonH ouston Electric Company o f Connecticut, under
which the undersigned were appointed a com m ittee
to carry out the consolidation o f the interests o f the
tw o companies on the plan therein set forth, having
been signed by a m ajority o f tb e stockholders o f the
tw o companies mentioned, the undersigned hereby
give notice that the agreement has now becom e op
erative, and is binding on all the parties thereto.
A ll parties who have signed the said agreement
are required to deposit their stock without delay
with the New York Guaranty & Indemnity Company
in New Y ork or the Old Colony Trust Company in
Boston, and receive in exchange therefor the tem
porary receipts o f said deposita ies.
Parties to the agreem ent and all the stockholders
o f either company who have not signed the same,
who shall fall to deposit their stock as above on or
before the 21st day o f March. 1892, shall then fo rfe it
any r1gb t to com e in under said agreement, except
by the express permission o f the Committee, and on
such terms as it may impose.
J . P I E R PO N T M O R G A N ,
H . M cK . T W O M B L Y ,
D . O. M I L L S ,
F R E D E K IC K L . AM ES,
T . J E F F E R S O N C O O L ID G E ,
H . L . H IG G 1 N S O N ,
C o m m ittee.
WANTED :
Im p o rters’ & T r a d e r s ’ N a tio n a l B a n k .
Sou hern N ation a l B a n k .
B u ffalo (Street) R a t lw a y .C o .
B rook lyn E le v a te d K K . Co.
4 2 d S tre e t M a n h a tta n v ille A S t. N ich o las
Ave. R K .
T e r r e H a u te & In d ia n a p o lis R R .
T e r r e H a u t« «Sc P e o r ia 1 s t M tg e . B o n d s.
W in o n a A S ou th w estern 1 s t M tg e . B o n d s.
Gustavus Maas,
26 BROAD STREET.
T. Haute & Ind. R R. Bonds find Stock.
Buffalo Railway Bonds and Stock.
Rochester Railway Bonds and stock.
Newark Pass. R ’y Bonds and Stock.
Hnnsatonic RK. Preferred Stock.
Hibernia Mine KR. Stock.
D E A L T IN B Y
SAMUEL H. BARROWS, 34
Redmond,
Nember New York Stock Exchange.
St .
Charles T . W ing & Co.,
BONDS.
16 A N D 18 NASSAU S T R E E T .
Henry S.
N ew
18
W ALL
STREET,
F ran k E . W in g ,
NEW
Y O R K . ';
H e n ry A . G la s s lo r d .
48 W A L L S T R E E T , N E W Y O R K .
E d w a rd N . G ib b s. S p e c ia l.
Investment Bonds a Specialty.
YXT AN T ED - A lo an on a B e a d in g T e rm in a l
' ' B ond ot 87 5 .R O O , gu aran teed by A . J .
D r e x e l, l.o w b e r W e ls h and Eugene D e la n o ;
o r w ill se ll the sam e i f sold a t once.
1 5 1 6 C h estnut S t., P h ila d e lp h ia .
Securities listed on the New York Stock Exchange
bought or sold on commission and accounts opened
upon favorable terms.
W ANTED :
Buffalo N . Y . ¿k E rie l e t s .
« hica go & G re a t W e s te r n l e t s .
T e rre H a u te & L oganspo* 1 1 9 1 0 « & 1 9 1 3 s .
E v a n sv ille & >e rr» H a u re 6 s , 1 9 2 1 .
C h icago & N o. W e s t , underlying bonds.
C. 1. St. L. A C. (is, 1929.
LIST OF BONDS OFFERED FURNISHED UPON
APPLICATION ,
r iH IC A G O
M I L W A U K E E A ST. PAUL
R A IL W A Y COMPANY.
N otice is hereby given that a dividend has been
declared from the net earnings during the current
fiscal year o f T H R E E DO LLAR 8 AND FIFTY
CENTS per share on the preferred stock o f this
company, payable on the 19th day o f A pril next,
at the office o f the company, 42 Wall St., New York.
The preferred stock transfer book will close on
the 26th day o f March, at noon, and re-open on the
20tn day o f April next.
FR AN K S. BOND, Vice-President.
rp H K C * S H I E li O F A N A T IO N A L B A N K
1 in Michigan desires to place a limited amount o f
high-grade 6 per cent gold farm loans.
Address CASHIER,
care Co m m e r c ia l a n i > F in a n c ia l Ch r o n ic l e .
N T E L E G R A P H CO.
W E S T E R ND IVUI DN IO
N
Y
. March 9,1892.
E N D NO. 9 4 .
ew
ork
The Board o f Directors have declared a quarterly
dividend o f ONE AN D O N E-QU ARTER P E R
CENT upon the capital stock o f this company, from
the net earnings o f the three months ending
March 31st Inst., payable at tbe office o f the Treas
urer on and after tbe 15th day o f A pril next, to
stockholders o f record at the close o f the transfer
books on tbe 18< b day o f March Inst.
T he transfer books will do closed at 3 o’clock on
the afternoon o f March 18th inst. and re-opened
on the m orning o f April 2d next.
R. H . ROCHESTER, Treasurer.
FOR SA LE.
A controlling interest or less in one o f the best
equipped electric light and ice manufacturing plants
in the South. Has an authorized capital o f $50,ou0;
paid-up capita], $39 100. Makes 25 per cent on paidup capital. For further particulars address
R . S. P., care Financial chronicle.
H U N T ’ S
MERCHANTS’
MAGAZINE,
S lt f ie ilU jj
I M w is p a p iï,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
Entered according to Aot of Congress, in the year 1892, by W m .
V O L . 54.
b
. D ana & Co., in the office of the Librarian o f Congress, Washington, D. C.] *
S A T U R D A Y , M A R C H 12, 1892.
3 ? lu e
N O . 1,391.
Compared with the week of 1891 the exhibit is quite satis
factory, the increase in the total for all the clearing houses
being 17’9 per cent, while outside of New York the excess
reaches 9’1 per cent. All sections except the Pacific and
Southern show improvement over a year ago, and the ratio of
gain is heavy at Memphis, Duluth, Minneapolis, Lincoln and
Omaha.
(D h r o ttix lr .
Terms o f Subscription—Payable in A dvan ce:
For One Y ear............................. ...........................................$10 00
6 00
For Six Months ........ ............................................................
European Subscription (including postage)..................... 11 50
European Subscription Six Months (includingpostage).
6 75
Annual Subscription in London (including postage)___ £ 2 8s,
Week Ending March 5.
Week End'g Feb. 27t
Six Mos.
do.
do.
do.
. . . . , £1 9s.
The I n v e s t o r s ’ S u p p l e m e n t of 160 pages is issued every other
1892.
1891.
P. Cent.
P . Gent■
month, on the last Saturdays of Jan., March, May, July, Sept, and
$
Nov., and furnished without extra charge to all subscribers of the New Y ork ...................
i
$
770,624,206, 620,593,333
Ch r o n ic l e .
+54-2 631,021,181
+30*8
Sales of—
The St a t e a n d C i t y S u p p l e m e n t of 184 paees is also given to every
(Stocks...............shares.)
(2.660,967)
(980,240) (+171-5
(1,246,415) (+13!
y e a r ly subscriber of the C h r o n ic l e .
(Ootton................ hales.)
(361,100)
(537,800) (-32-9)
(407.000)
( Oraim............. bushels.) (36,068,512) (36,164,425) (-0 -3 (16,559,637) *f+?
File covers are sold at 50 cents each, and to new subscribers for a
(—3;
(Petroleum........... bbls.)
(432,000) ( 1 , 002 , 000 ) (-56-9,
year one file cover is supplied without charge; postage on the same is
(648.000) (+44
18 cents.
B oston.............
94,516,965
90,756,214
+4-1
74,870,253
Subscriptions will be continued until definitely ordered stopped. The P roviden ce....
5,177,600!
5,289,500
—2-1
4,496,500
publishers cannot be responsible for remittances unless made by drafts H artford.........
2,503,448
2,482,088
+0-9
1,676,379
or Post OflSce money orders.
New H a v e n ...
1,191,857
1,223,186
—2-6
1,011,166
Springfield....
W orcester.......
Terms o f Advertising,-^(Per inch space).
O netim e...............................$ 3 50 Three Months (13 tim es)..$25 00 Portland.........
One Month
(4 times).. 1100 Six Months
(26 “ ).. 43 00 L ow ell.............
Two Months
(8 ** ). 18 00 Twelve Months (52 “ ) .. 58 00 New Bedford,.
T otal New England.
London Amenta:
Messrs. E d w a r d s & S m i t h , 1 Drapers’ Gardens, E . C ., will take sub Philadelphia................
scriptions and advertisements, and supply single copies of the paper at Pittsburg......................
Is. each.
Baltim ore.....................
WILLIAM
a m b . d a n a .5
)
JOHN G FLOYD
t
& C o *» ^ M s f t e r s ,
loa W illia m Street. N E W Y O R K .
P o s t O f f i c e B o x 9 58 ,
CLEARING ROUSE RETURNS.
Buffalo............... ...........
W ashington............
R ochester.....................
Syracuse.......................
W ilm ington...... ...........
Binghamton..................
T otal Middle.
The following table, made up by telegraph, etc., indicates Chicago...........
Cincinnati.......
that the total bank clearings of all the clearing houses of the M ilw aukee....
D etroit...........
United States for the week ending to-day, March 12, have Cleveland.......
Columbus......
been $1,221,598,298, against $1,256,882,596 last week and Indianapolis...
P eoria..............
$985,600,593 the corresponding week last year.
Grand Rapids.
L exin gton.......
CLEARINGS.
Returns by Telegraph.
Week Ending March 12.
1892.
1891.
New Y o r k .......................
Boston...................... .........
Philadelphia........... ..........
Baltimore..................
Chicago................................
St. Louis...... ....................
New Orleans.....................
$646,151,436
73,165,528
56,215,588
11,662,000
73,022,000
19,939,844
9,598,753
$479,512,014
73,534,395
47,576,245
10,816,440
65,852,000
18,602,424
9,626,790
Seven cities, 5 days. . . . .
Other cities, 5 d a y s..........
$889,755,149
139,886,408
$705,520,308
124,918,763
$1,029,641,557
191,956,741
$330,439,071
155,161,522
$1,221,598,298
$985,600,593
Total all cities, 5 days.
All olties, 1 d a y ............
Total all cities for week..
T otal Middle W estera
P er Cent.
+34-8
—0-5
+18-2
+7-8
T otal Pacific.
+10-9
Kansas City.
+ 7-2 Minneapolis.
-0-3 St. P aul.. ...
Omaha..........
4-26-1 D enver..........
Duluth..........
4-12-0 St. J osep h ....
Sioux C ity ...,
4-24-0 Des M oines..
+23-7 W ichita........
L incoln..........
4-23-9 T opeka......... .
The full details of clearings for the week covered by the
above statement will be given next Saturday. W e cannot, of
course, furnish them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to be
in all cases estimated, as we go to press Friday night. Below
are our usual detailed figures for the previous week, that is
covering the returns for the period ending with Saturday
noon March 5, with the comparative totals in 1891.
The present to.al of clearings exceeds that for the preceding
week two hundred and twelve millions of dollars, of which
one hundred and thirty-nine millions is at New York. This
large gain is ascrihable to a number of' causes—more active
speculation in share properties on the New York Stock Ex
change,- clearings arising through the usual monthly payments
of interest, etc., and to the further fact that the week of
February 37 covered one less business day.
San Francisco..
Portland...........
Salt Lake City.
Seattle...............
T acom a.............
Los A ngeles—
Total Other W estern.
St. L ou is.......
New Orleans.
L ou isville.....
G alveston ....
H ouston........
M em phis.......
N ashville.......
N orfolk......... .
Dallas.............
F ort W orth ..
Birm ingham ..
W aco..............
Chattanooga..
Savannah*...
Atlanta*........
T o ta l S outhern...
1,222,643
1,157,355
1,156,664
755,600
426,858
1,248,280
1,147,584
1,211,984
587,442
457,320
108,108,890. 104,403,598
—2-1
+0-9
-4 -6
+28-6
-6 -7
1,094,166
1,011,871
888,643
656,754
400,218
+3-5
86,105,950
+ 2*2
+20-5
+ 12-6
+ 1-8
+15-2
-1 7-7
+5-6
69,102,430
13,093,682
14,489,712
7,329,849
1,311,299
1,171,909
810,101
787,624
196,100
4-25*7
+ 11*1
+23*8
+16*6
+45*5
+8*4
+7*6
+ 11*6
105,749,639
+14-7
108,592,706
+22*5
96,615,463
14,019,100
6,500,000
6,379,833
5,392,277
2,941,100
1,811,913
2,143,331
865,438
570,000
81,582,756
13,718,950
5,372,661
5,683,245
5,141,816
3,264,600
1,980,033
1,998,373
751,739
517,279
+18-4
+ 2'2
+ 21-0
+12-3
+4-9
—9-9
—90
+7-3
+ 15 1
+ 10-2
81,521,712
12,976,850
6,567,588
6,388,633
4,408,079
2,438,500
1,957,430
1,800,000
632,573
538,468
137,238,455
120,011,552
+14-3
117,229,836
+21-Q.
18,552,635
2,427,477
1,677,137
1,097,826
856,302
811,321
19,403,051
1,889,882
1,721,726
1,225,800
879,955
882,600
-4 -4
+28-5
-2 6
—10-4
-2 -7
- 8-1
11,439,181
1,531,572
1,409,643
774,152
731,105
671,333
—13-1
—11-2
+ 6-0
25,422,698
26,002,514
—2-2
16,556,986
—10'»
9,667,076
7,653,844
4,669,622
5,339,061
5,099,114
1,900,000
2,064,352
1,119,015
925,253
593,910
794,366
474,601
8,754,380
5,360,186
3,957,392
4,996,806
4,598,789
1,288,600
1,870,827
973,010
8,006,236
7,256,552
4,491,766
4,528,873
3,822,825
508,5*6
656,735
431,483
+10-4
-j-42‘8
--18-0
--30-3
--10-9
--47-4
- -10-3
-15-0
+ 6-8
+16-8
+42-7
+ 10-0
1,313,467
933,427
752,075
455,555
581,362
452.292
+3-7
+49-9
+33-4
+ 22-6
- 2-2
+39-9
+8-5
+11-7
+34-4
—11-3
+31-3
- 4 -3
78,344,388
14,168,403
15,361,819
7,892,970
1,971,572
1,624,701
938,666
788,383
253,100
65,019,529
13,111,205
14,276,795
7,984,677
1,750,188
1,595,294
814,600
957,651
239,700
121,344,002
866,220
+8-1
+7-6
—1-1
1 , 600,000
+14*1
+ 22*2
+20*3
+27*9
+19*8
+ 0-8
+7*6
+25*4
+ 9*2
+ 10*1
4-28*1
—22-7
—17-3
+80-8
40,300,214
83,362,964
+ 21-2
34,194,420
• flit
23,155,400
7,805,753
7.792.080
2,550,000
1.971.080
4,382,528
2,206,582
900.000
905,943
395.000
601,569
676,198
502.000
1,694,403
1,532,320
21,478,012
11,908,150
8,540,1711
2,813,746
1,672,560
2,904,328
2,864,568
1,015,283
1,006,302
577,936
760,362
538,583
552,700
+7-8
—34-5
- 8-8
—9-4
+17-8
+50-7
-6 -3
-1 1-3
-10 0
-31-7
-20-9
+25-5
—9-2
20,542,867
10,566,050
6,520,858
2,605,000
1,703,558
3,897,703
1,568,007
781,672
973.000
410.000
619,510
321.292
401.000
1,225,696
1,278,968
+15-1
- 1-6
+14-5
+4-8
+42-8
+70-0
—13-9
—13-8
-t-9-«
—14-8
—28-9
-4 3 -9
-4 1
53,814,131
56,123,300
50,810.507
+ 1 01
+17-9 1,044,511,586
—4"1|
+ 2 3-5
. T otal a ll................
,256.882.596 1,066,146,900
Outside New York.
486,258,390
445,059,067
+9-1
413,490,405
T + U Í''
Montreal*..
H alifax*....
T oron to*...
Hamilton*.
9,872,281
1,001.954
6,821,810
■ 768,8041
8,147,932
1,008,254
+ 21-2
i 8,541,458
+11-9
+23«
* N otin cluded in tot
r-0'3
1,173,021
-6,090,000
629,601.
THE
422
C H R O N IC L E .
[VO L. L I V .
termine whether the cold wave and blizzard in the
West this week did any harm. We need hardly advert
to the important effect which another large wheat crop
S T A T E A N D C IT Y © E f A B T V f E W T ,
the present year following that of last year, might have
See p ag es 4 5 4 , 4 5 5 , 4 5 6 a n d 4 5 7 for our State on all business interests. Of course, if there was any
and C itj Department to-day. Among many other items of likelihood that the world would not require the wheat,
news we grre a full detailed exhibit of the bonded debt the situation would wear a different aspect. But in
&c. of Nevada, and also the debts of the various counties of Europe the weather conditions the past winter appear
in many respects to have been similar to a year
that State.
ago, and in Russia certainly the outlook is poor.
A ll advertisements with relation to State and City Bonds
Hence the conclusion seems warranted that there
will likewise be found on the same and following pages.
will be a market for our wheat. At present most
assuredly the foreign
demand continues
very
urgent, as is reflected by the uninterrupted heavy ex
A n e w e d itio n o l the
port movement of both wheat and corn.
STATE AUB CITY SUTPiEWEflT/
In reference to the ability of the United States to
revised to as near the day of publication as possible, will be
maintain the present large shipments till the next crops
issued early in the month of May.
are harvested, the figures issued by the Department of
Agriculture at Washington on Thursday are very inter
THE FINANCIAL SITUATION.
esting. The Department finds that independent of the
The House of Representatives at Washington this 41.000. 000 bushels or more of visible supply, there were
week voted against postponement of the Free Silver 171.000. 000 bushels of wheat still in growers’ hands
Bill and in favor of its early consideration.
To the March 1— 63,000,000 bushels in the spring wheat sec
industrial and financial world there is nothing encour tions and 108,000,000 bushels in the winter wheat sec
aging in that fact, and yet the result is regarded with tions. This reserve of 171,000,000 bushels, it is stated,
considerable equanimity. It is felt that whatever the is the largest ever reported. Moreover, the weight of
House may do when the bill comes up and what the wheat is much above the average, yielding 58*5
ever the Senate may do, the final outcome is not pounds to the bushel. The reserve of corn also reaches
-doubtful, since the President’ s veto will be interposed exceptional proportions, the Department estimating the
to save the country from the consequences of such quantity still remaining in farmers’ hands at 860,000,ireckless folly. In the meantime, considerable encour 000 bushels, or 41*8 per cent of the orop. Only in one
agement is being derived from the many favorable other year has the amount been larger than this. The
factors in the general industrial situation. It is true proportion of the crop in merchantable condition is
that trade and business are not as good as stated to be the largest without any exception, being
could be wished, and that special industries are in a 88*5 per cent. Evidently with such large reserves, and
state of depression under the low prices prevailing. with an urgent demand from abroad, our exports will
But the leading general conditions— those of control- continue large for many months.
If our New York City banks keep losing cash in the
ing importance we mean— could hardly be more sat
way
they have the last few weeks, it would seem as
isfactory and assuring.
Our merchandise exports
are large beyond precedent for the season, and if the rates for money must soon begin to harden.
the balance of trade in our favor is much in excess of Last week the loss of cash (specie and legal tenders)
that of other years. The grain movement continues was $5,267,500, and the week before it was $3,718,600,
of extraordinary dimensions, and the Western farming making nearly nine million dollars for the two weeks.
industry is enjoying a period of exceptional prosperity. Moreover, the present week a further considerable loss
As a result of the same circumstance, the railroads, must have occurred, as the Sub-Treasury has taken in
both in the East and the West, are'finding their traffic more money than it has disbursed, while at the same
swelled to unusual proportions, and their earnings as a time there have been some further gold exports, and
consequence record heavy gains. For January, owing the banks have also lost on the movement of currency
to special circumstances and drawbacks, the returns, to the interior. However, the supply of money heldl
both of gross and net, were rather poor, as is shown by the banks is still very large, and the reserve also is
further on in this article. But it is evident from the large, and hence it is not strange that rates remain very
results for February, as disclosed by our usual low. On call, money as represented by bankers’ balances
monthly review on another page, that the January has again ranged between 2 and 1-J per cent; renewals
showing was exceptional, and that with the removal of are made at 2, and banks and trust companies quote 2 to
the drawbacks then existing the tendency towards im 2£ per cent. There is a good business in time loans,
proved results has again become very pronounced. In and whereas a few weeks ago lenders were seeking bor
fact, the gain over last year for that month reaches rowers the reverse is the case now. Quotations are 3
per cent for 30 days, 3£ for 60 to 90 days, 4 for four to
$4,626,468, or 13*43 per cent.
As regards the coming crops, too, which are already five months, and 4£- for six to eight months on good
beginning to attract attention, there are some encour Stock Exchange collateral.’ Commercial paper is in
aging features at the start. In the first place the sea good demand from out of town, but*the inquiry is not
son is earlier than usual, and in the second place there quite so urgent from the city banks, many of the up
has been during the last month or so a great improve town institutions having full lines, and instead of buy
ment in the outlook for winter wheat. It will be re ing more paper are devoting their attention to the
membered that the plant went into winter quarters in wants of their customers. The supply is not excessive,
rather poor condition, and the prospect seemed un and rates are 4 per cent for 60 to 90 day endorsed
favorable on that account. But the weather having bills receivable; 4| to 5 for four months commission,
been very propitious, the accounts now are of a totally house names, and 5 to 6 for good single names having
different tenor, though it is a little too early yet to de from four to six months te run. The bank statement
THE
Ma rch
13, 1893.j
THE
C H R O N IC L E .
of last week showed $21,292,225 surplus reserve, of an increase of $88,001. Hence there seems no reason
which $6,559,300 was held by five of the larger banks. to doubt that the February net also will make a totally
It appears from recent cable advices that the London different showing than for January. The Wisconsin
market has again been thrown into a state of unrest by Central likewise reports a gain in gross for February
the affairs of the Muriettas which from time to time ($69,364), against a loss in January of $17,870 on
since the Baring trouble in November, 1890, have been which the net fell off $40,343. The Louisville New
a disturbing factor in London and to some extent at Orleans & Texas presents contrasts'of the same nature.
Paris. Now it is believed that a crisis will soon he The January return shows that with gross diminished
reached, and then the market should resume its $27,286, net for that month in 1892 was only $74,250,
normal condition.
Although there has been no against $124,746 for January 1891. But for February
occurrence of 'a really disturbing character on the gross so far from recording a decrease, shows $62,530
Continent, business and speculation seem to be increase. Of course not all the roads suffered decreases
at a standstill, waiting for something of a reviving in net in January, but barring those especially favored
nature. Discounts of 60 to 90 day bank bills in like the Burlington & Quincy, the St. Paul, &c., and
London are I f @ l f per cent; at Paris the open mar which were referred to last week, where there are
ket rate is I f , at Berlin it is I f , and at Frankfort I f gains they are usually small, even when the gain in
per cent. The Bank of England gained £313,000 bul gross has been large. We may refer to the Wabash,
lion during the week.
This, as we are advised by spe where gross for the month increased $133,000, but. net
cial cable to us, was due to the import of £58,000 from only $13,000, and to the Chesapeake & Ohio, which on
abroad, wholly from France and Portugal, and to re $49,000 increase in gross has only $2,000 increase in net.
ceipts of £255,000 from the interior of Great Britain. The New York Ontario & Western reports a decrease of
The Bank of France during the week lost £10,000 $10,511 in gross and a decrease of $8,051 in net.
gold, and the Bank of Germany since the last report The Oregon Improvement on a decrease of $12,583
in gross, has $12,716 increase in net. On the Chicago
shows a decrease of about £170,000 of this metal.
Foreign exchange has been quiet and steady this week. & West Michigan net is $18,199, against $19,475; on
The arbitrage operations from day to day have had little the Detroit Lansing & Northern $11,043, against
influence, the bankers apparently buying one day and $16,646; on the Kansas City Memphis & Birmingham
selling the next without reference to the exchange $18,815, against $27,304; on the Philadelphia & Erie
market. But there is a steady demand for sterling to $88,263, against $110,274; and on the Ohio Riven
remit for securities sold here for European account, $16,531, against $18,400.
After the excitement of last week the stock market;
and it is claimed that the high prices to which some
properties have been forced within the past few weeks this week relapsed into comparative quietude. The
have proved so tempting to European investment hold course of prices was irregular but generally downward
ers of them that they have sold out, believing till yesterday, when under the lead of Reading and the
that opportunity to re-buy will be soon offered. other anthracite coal stocks the whole market became
Exchange opened on Monday at 4 86f for sixty-day strong, though there was very little activity outside of
and 4~88£ for sight, being unchanged compared with the coal shares. The advance in these was on the state
the previous Friday. Brown Bros, reduced to 4 86 for ment that a bill to legalize the Reading “ deal” had passed
long and 4 88 for short, and for the remainder of the both the House and the Senate in New Jersey. Rich
week there was no alteration in the rates till mond Terminal securities were weak in the early days
yesterday, when Brown Bros,
again advanced on the appointment of a receiver for the Central o f
to
the old figures.
Bates for
actual busi Georgia system, but subsequently recovered on state ness yesterday were 4 85£ to 4 85f for sixty-day, ments that the Olcott reorganization would be carried
4 87^ to 4 87f for sight, 4 88 to 4 88^ for cable trans through to conclusion, and yesterday in the closing
fers, 4 84£ to 4 84f for prime and 4 84£ to 4 84^ for hour both the stock and the bonds advanced sharply.
documentary commercial bills. It is reported that The St. Paul directors this week concluded to make
Austria is paying a premium for American gold m no dividend on the common stock of the company
order to attract it from New York and that this is one just yet, but to follow a conservative policy and
reason for the shipment thence of the metal when ex wait till the end of the fiscal year. Before ac-<
change is below the normal exporting point.
The tion was taken, the stock was pressed for sale on
exports this week have been small :— $250,000 on reports that no dividend would be paid, but after
Tuesday and $250,000 on Wednesday, both lots being definite knowledge to that effect came the price steadied
sent by August Belmont & Co. On Monday there was up. Lake Shore on Saturday last scored a further
an arrival of about $448,000 gold in transit for Havana. harp rise, but has since then fallen off, and the Van
Some further returns of net earnings for the month derbilt stocks on the whole have remained rather quiet.
The following statement, made up from returns col
o f January have been received this week, and they are
of much the same character as those received in prev lected by us, shows the week’ s receipts and shipments,
ious weeks—that is, on the whole unfavorable. But of currency and gold by the New York banks.
these returns must not be taken as furnishing a crite
Received by Shipped by
N et Interior
Week Ending March 11, 1892.
rion of current results. There has since then been a
N .Y . Banks• N. Y . Banks.
Movement
decided change for the better. Two or three illustra
$1,841,000 $2,309,000 Loss. $668,000
471,000
812,000 Loss.
341,000
tions will suffice to make this dear. One of the poorest
T otal gold and lega l t e n d e r s .;.. $2,312,000 $3,321,000 Lo8s.$l,009,000
returns for instance is that of the Northern Pacific,
Result with Sub-Treasury operations and gold exports.
that company (independent of the Wisconsin Central)
showing a loss in net for the month of $272,949. On
In to
Out o f
N et Change in
Week Ending March 11,1892.
examination it is found that the loss has followed en
Banks.
Banks.
Bank Holdings.
tirely because of
a decrease of
$304,805 in B anks’ Interior m ovem ent, as above $2,312,000 $3,321,000 L oss.$l,009,000
gross earnings.
But for February the road Sub-Treas. oper. and gold exp orts. 18,000,000 21,630,000 Loss. 3,650,000
T otal gold and le g a l t e n d e r s .... $20,312,000 $24,971,000 L oss $4,659,000
shows no decrease in gross at all, but rather
424
THE
O H R O N LO LE .
[V ol. LTV.
The following table indicates the amount of bullion whereas the latter may fluctuate widely from year to
In the principal European banks this week, and at the year, accordingly as the harvest is good or bad, the
mineral outnut is not subject to such very violent
corresponding date last year.
changes, the general tendency being upward. This
March 12,1891.
March 10,1892.
Bank o f
comparative absence of extreme changes is probably one
Total.
Silver.
Total.
Silver.
Gold.
Gold.
reason why the results do not command greater notice.
£
£
£
£
M
£
28,317,211 Another reason we may suppose is that the mineral sta
25,292,311 23,817,211
B ngland........ 26,292,311
France........... 66,661,091 50,151,371 106,013,365 18.521.000 19.597.000 98.121.000
tistics are not furnished with the same regularity or
G e rm a n y .... 36,517,600 13,172,500 18.690.000 29.281.000 11.632.000 13.896.000
6.171.000 16,789,000 23.813.000 5.127.000 16.518.000 21.915.000 promptitude as the agricultural statistics, and thus lose
A n st.-H u n ’y.
3.173.000 6.716.000 9.889.000 1.207.000 5,581,000 9.791.000
Netherlands..
Nat. B ’lglnm . 2.930.000 1.165.000 1.396.000 2,988,667 1,191,338 1.183.000 some of their interest, over two years very frequently
Tot.thig week 138,917,908 87,613,771 816,191,679 118,787,878 87,825.333 201,553,211 elapsing before the returns for a given period make
T ot. prev. w ’k 138,691,612 87,588,668 816,278,270 113,257,871 87,668,000 300,985,871
their appearance; we are referring, it will be under
stood, to the mineral statistics as a whole as prepared
MINERAL DEVELOPMENT OF THE UNITED by Government officials, and not the statistics for spe
cial minerals like iron and the precious metals.
STATES.
Some official compilations lately received, however,
In the prominence which agriculture assumes in the
serve
to bring the matter up at the present time, and
United States, sight is very frequently lost of the min
serve
also to make clearly apparent the size and vast
eral wealth and productions of the country and the
extent
of the products in question. One of these offi
very important part which these play in the activities
cial
compilations
is the Census Bulletin issued a
of the nation. Of course when we speak of the min
couple
of
weeks
ago
on the Mineral Products of the
eral productions, we use the term mineral in its broad
est sense. In the developments that are going on just United States. This covers the ten years from 1880 to
now at Oreede in Colorado— the sudden springing up of 1889 inclusive, and brings the data down to the end of
From the United States Geological
a mining centre of considerable consequence, the large the latter year.
influx of population, the increase in railroad traffic, Survey at Washington we have also received this week
and the growth in general business activity—we have a chart which supplements the information contained
an illustration of the wonderful transformation which in the Census Bulletin, giving the results for a year
is sometimes effected within a very brief period later—that is, for 1890. Both compilations have been
through sudden discoveries of the precious metals. prepared by the same authority, namely by Dr. David
But in the general mineral development the precious T. Day, acting in the one instance in the capacity of
metals are really of the least consequence, and in any special agent of the Census Office and in the other as
given year their value and production will form only a Chief of Division of Mining Statistics under the Geo
comparatively small proportion of the whole. It is logical Survey, and thus the two documents can be
the baser metals—like iron and copper— and the used conjointly.
The Census Bulletin gives the value of the produc
non-metallic substances, like coal, building stone and
lime, which constitute the chief sources of our mineral tions not only for each year, but the aggregates for the
whole ten years from 1880 to 1889 inclusive. In this
wealth and contribute most to the yearly totals.
As elements in our national progress coal and iron latter case the figures reach imposing proportions. It
are of course the two minerals that transcend all appears that for the ten years the grand total of the
others. It must be evident to the dullest understand mineral productions, metallic and non-metallic,
ing that without these two aids to industrial growth, amounts to no less than 4,687 million dollars. As con
manufacturing and general development on the scale firming what has been said above as to the relatively
to which it has now risen would hardly be possible. small part of the whole contributed by the precious
How many, for instance, of the various branches of metals, we find that gold counts for only 330 million
manufactures in the different parts of the country dollars in the total and silver for 505 million dollars,
could be carried on without that prime requisite for and in this the silver is figured at its coining value,
fuel, coal, which is found nearly everywhere in the which, as is known, is above its market value. Gold
United States. Then as to iron, in the production of and silver together thus form only 835 million dollars
which we are favored by the possession in close prox out of the grand aggregate of 4,687 millions. The
imity in many parts of the country of the ore, the fuel two largest items in value are coal and iron. The
and the limestone, what would be our position indus coal production for the ten years is valued at 1,517
trially without our heavy annual output of that essen million dollars— this being the value of the coal at the
tial of modern times, and which forms the basis of all mines before any railroad freights have been added. The
the higher products of iron and steel. And even as to total embraces 675 million tons of bituminous coal
the minor articles, such as copper, lead, zinc, building mined in the ten years and 342 million tons of anthra
stone, cement, lime, &c., a moment's reflection suffices cite mined. The value of the iron output for the de
to reveal that they all, in larger or smaller degree, con cade, based on the price in Philadelphia, is figured at
tribute to our manufacturing and industrial activity 957 million dollars. The apparently minor minerals
also show large aggregates— the value of building stone
and general development.
Aside, however, from the importance of our mineral being stated at 229 millions, the value of petroleum
resources as factors in the creation and maintenance of (which forms one of the mineral productions) 223 mil
our industries, and in the promotion and stimulus of lions, while even the production of lime-figures out
industrial growth and expansion, the yearly product of over 220 million dollars, the non-metallic substances
these minerals is in itself an item of very large propor being all given at their spot value, that is the value at
tions, and that is a fact that does not receive general the point of production. The copper output, taking
recognition or attract much attention. In the aggre the price at Hew York as a basis, is valued at 192 mil
gate we have totals to deal with only less striking than lion dollars; the lead production, figured in the same
those in the case of our agricultural productions. There way, 126 millions; and zinc at 38 millions. Cement
is this difference, however, between the two, that is also given at 38 millions, salt at 44 millions and
Ma r c h
12, 1892,]
THE
C H R O N IC L E .
425
limestone for iron flux 27 millions. In the total min rels), and that $6,000,000 of cement was produced
eral product of 4,687 millions, this 27 millions for lime against $11852,707. The petroleum product is esti
stone we may suppose is duplication, since it must be mated at $35,000,000 against $24,183,233. Even the
embraced in the value of the iron production, and the natural gas product in 1890 had an estimated value of
same would appear true regarding that portion of the $20,000,000, against practically nothing ten years be
coal product used as fuel in making the iron. But the fore, there having been no reports at that time. In
matter is not of sufficient consequence to affect very this case there has been a decrease during the last two
materially the large aggregate reached.
years, the figures for 1888 having been $22,629,875 ;
A t 4,687 millions for the ten years the yearly the loss presumably follows from the exhaustion of
average would be about 469 million dollars. In reality some of the gas wells. The value of the salt product
the value of the yearly product now is very much at $4,752,286 for 1890 was slightly less than the $4,larger than that. In the ten years covered there has 829,566 for 1880, but this was due entirely to a decline
been marked growth, and the total has decidedly risen. in price, as the output was 8,776,991 bbls. against only
In 1880, the initial year embraced by the Census, the 5,961,060 bbls.
Of phosphate rock 510,499 tons,
value of the mineral product was $369,319,000; in valued at $3,213,795, were mined in 1890 against
1889, the final year, it was $587,230,662. . But as 211,377 tons, valued at $1,123,823, in 1880. The prod
stated above, we now also have the total for 1890, one uct for the earlier year was entirely from South Car
year later, and in that year there was a further rise to olina; that of 1890 chiefly from that State. In quick
$652,099,218. In other words, between 1880 and 1890 silver, nickel and a few other minor items there has
there was an increase in the yearly product of nearly been a falling off, but it is unnecessary to refer to these
300 million dollars, the total now being over 652 since they do not play a very prominent part in the
million dollars per annum, which will give an idea of final result. Of zinc 63,683 tons, valued at $6,266,407,
the extent and importance of the mineral industries. were produced in 1890 against only 23,239 tons, valued
We may compare this with the value of some of our at $2,277,432, in 1880. On the whole, therefore, the
grain crops. Take wheat for instance. The crop of gains have not only been large, but widely distributed,
that cereal in 1891 was the largest by far in the about all the leading minerals having participated in
■country's history, and the price was also unusually the same— a circumstance which explains the indus- >
satisfactory, and yet the farm value of the entire crop, trial expansion which has occurred, and is typical of it.
according to the Agricultural Bureau, was only 513
million dollars, thus being it will be seen 139 million
dollars less than the aggregate value of the mineral pro.
BRITISH POLITICS—THE SITUATION
ductions in 1890. If we should compare with the crop
PECULIAR.
of 1890, which was valued at 334 million dollars, the
iio t in many years has the political situation in Great
mineral total would be nearly double that of wheat.
Britain presented so many really complex and peculiar
The value of the 1891 corn crop was estimated at 836
features. Ordinarily when a great crisis has arrived
millions, and is lienee considerably above the aggregate
there has been before Parliament and before the people
for minerals. The oats crop, however, was valued at
one great leading question— some predominant issue on
only 232 millions. It is proper to add that of the total
which party lines have been well defined. It was so in
mineral product of 652 millions, hardly more than one
1832, on the occasion of the passing of the first great
hundred millions, or less than one-sixth of the whole,
Reform measure, when the nation was convulsed and
is made up of the precious metals, gold and silver.
on the point of violent revolution.
It was so when
It is very interesting to examine into the details of Mr. Gladstone carried his schemes for the Reform of
the mineral productions and observe the growth which
Land Tenure in Ireland and the disestablishment of the
has taken place in the separate minerals, for an analysis Irish Church.
It was notably so in 1886, when Mr.
of that kind serves to furnish new evidence of the
Gladstone was forced from power by an adverse vote on
sources of our steadily-increasing and steadily-widening his Land Purchase and Home Rule measures. On all
industrial activity. The expansion in the output of
these occasions interest was centered on one question,
iron is a familiar fact, and hence it is only necessary to
and Parliament and people were divided into two hos
say that the product in 1890 was valued at $151,200,410 tile camps.
There was concentration of interest and
against $89,315,569 in 1880. The coal product in concentration of strength.
creased from 63,822,830 [tons in 1880 to 140,882,729
At the present time it is altogether different. The
tons in 1890, and in value from $95,640,396 to $171,- questions before the public— questions many of them
866,484. But while both iron and coal, by their heavy extremely urgent— are numerous, and the parties are
increases, contributed greatly to swell the grand total almost as numerous as the questions which demand
of the mineral products, some of the other minerals attention. There is still the unsettled and perplex
reveal hardly less noteworthy progress. Thus the cop ing question about Home Rule in Ireland ; there is the
per product at $30,848,797 for 1890 compares with only question of education in Ireland; there is the Church Dis
$11,491,200 in 1880, 265,115,133 pounds having been establishment question, which has to be answered and
produced in 1890 against only 60,480,000 pounds in the determined alike for Scotland and for Wales ; there is
earlier year. The lead product is estimated at $14,- the Small Holdings question— a question which is of
266,703 against $9,782,500, the output having been
vast importance to the rural and agricultural popula
161,754 tons against 97,825 tons.
tion ; and other domestic questions of greater or lesser
The materials used for building purposes show interest. Then there are several important foreign
very striking increases, and indicate how the require questions, the settlement of which cannot well be de
ments of the building trades have expanded.
It
ferred— such, for example, as the continued occu
is estimated that $47,000,000 of building stone pation of Egypt, the Behring Sea difficulty and
was produced in 1890, against only $18,356,055 others._There is certainly no lack of work___work
in 1880, that $35,000,000 (60 million barrels) of lime
which not only commands immediate attention,
was produced against only $19,000,000 (28 million bar but ability, energy, and above all things wisdom. If
426
THE
C H R O N IC L E .
________________ [you u v -
before the people. There are those who look forward
there were anything like^unity^in the House of Com
with confidence to a return of the Liberal Unionists,
mons— or rather if the party lines were limited to the
led by Mr. Joseph Chamberlain in the Lower House,
Government forces and the forces of the Opposition
to their old leader and their old flag. There are those
business would be possible ; and the political dimcu also who predict restored unity to the ranks of the
ties might be settled one by one and removed ou t.ot
Home Rulers. If these two results can be achieved by
the way. But there is no such thing as unity visible.
means of, or as the result of, the general election, it
Where there ought to be two well organized, well dis will be a consummation calling loudly for the gratitude
ciplined armies there are several separate armies, each of Gladstonians and Home Rulers alike. We are
receiving instructions and obeying the orders of an in not sure, however, that we could speak ^for the
dependent chief. There are the Tories or Conserva bulk of the British people, and say that it is a con
tives proper, under Lord Salisbury; there are
® summation devoutly to be wished. There are many
Whigs of the old historic school, under the Duke of persons in Scotland and many persons in Wales sin
Devonshire ; there are the Liberals of the more radica cerely desirous of seeing an end made of ecclesiastical dis
school— Progressists they begin to call them—under tinctions by the abolition of an endowed establishment,
Mr. Gladstone, and there are the Irish Home Rulers, persons who know that there will be no more disestab
now divided and under their respective rival leaders,
lishment, so far at least as Mr. Gladstone is concerned,
Mr. McCarthy and Mr. Redmond.
until the Home Rule question is settled; and we are
It is not wonderful that, notwithstanding the poor
hardly permitted to doubt that, desirous as these per
prospect for the accomplishment of business, the meet
sons are of disestablishment, they will never purchase
ing of the present Parliament should have been looked
it at the risk of dismembering the Empire, or by any
forward to with more than ordinary interest. It was sacrifice of national prestige. It unfortunately happens,
well known that this would be the last session of one of as all such persons, and millions besides these, believe,
the longest-lived Parliaments in many years, and that
that the return of Mr. Gladstone to power, which
whatever else the session might accomplish, it could not
would be the result of such restored union as we have
fail to impart shape to those measures which would give referred to above, w o u l d have a dangerous bearing on
character to the next general election and to the Par
Imperial unity, and also on the national prestige. Mr.
liament which would follow. It is not unfair to say Gladstone is pledged to push the question of Home Rule
that at the present moment more interest centres
to a final settlement. He is also committed to the policy
in the election, which
cannot much longer of evacuating Egypt. The general British public will
be deferred, than on the measures immedi never willingly consent to the evacuation of E g y p t;
ately engaging the attention of
Parliament;
and unless his new Home Rule measure shall prove to
and when we say this, we mean it to apply equally to be radically different from his last, it will be promptly
the National Legislature and to the general public.
and unceremoniously set aside.
These views are sustained by what has already taken
It will thus be seen that there is much uncertainty
place in the House of Commons.. It has been no as to the result of the next general election in Great
secret that the Government in the preparation of Britain and Ireland. But while the prospect is uncer
their County Councils Bill intended it to play the tain in the extreme, its very uncertainty lends it an
part of a substitute for Home Rule, and that if the
almost fascinating interest.
bill were fairly well received, they would turn it to
account before the country by making it appear that
they had met the wants of the Irish people without im
RAILROAD GROSS EARNINGS FOR
perilling the integrity of the Empire, or in any way
wounding
the
susceptibilities of the people
FEBRUARY .
of
Ulster,
of
Scotland or of England—in
In amount and ratio of gain the statement of earn
other words, that they had beaten the Gladstonings which we present for February to-day is the best
ians on their own ground. Unfortunately, however,
monthly exhibit we have had for a long time. The re
for Lord Salisbury and his friends and supporters, Mr.
sult is all the more significant in view of the decidedly
Balfour’s measure proved as nearly a complete failure
indifferent showing for the month preceding. The
on its first introduction as any measure could when
causes for the improvement are not far to seek. In the
not absolutely voted down and thrown out. The Gov
first place, this being leap year the month had an extra
ernment was not defeated; but the majority in favor
day. In the second place, the grain movement was
of the County Councils bill was so small that it is
very heavy— a circumstance of wide importance in
doubtful whether it will ever re-appear in the House of
many different sections of the country. In the third
Commons even in an amended form. The Government
place, the cotton movement in the South was of large
had better luck with the Small Holdings bill, and with
dimensions and greatly in excess of a year ago, instead
the Irish Education bill, the former introduced by Mr.
of below last year as was the case in January. Finally
Chaplin and the latter by Mr. Jackson; but we have
comparison is with a period last year when bad weather
no reason to believe that their success with these
—rains, floods, etc.— operated to reduce railroad traffic
two matters of minor importance will at all com
and earnings over wide areas, while m February 189
pensate for the loss of prestige sustained through
there was no general drawback of that kind, the bad
the virtual defeat of the local government measure
weather having come this year in January. Of course
— the intended substitute for the Irish parliament
the conditions affecting railroad traffic during the.late
scheme.
month were not all favorable; there were some of the
g| Interest, as we have said, centres in the approaching
opposite nature, such as the falling off in the receipts
general election more than in any measure which is
of live hogs at Chicago, the inactivity of general trade,
likely to come before the present Parliament. We
and the depression in special industries in certain
have also said that the character of the election and
sections; but these have been completely overshadowed
the character of the new Parliament will be determined
by
the favoring influences mentioned,
largely by the test questions which shall be brought
March 12,1892.]
THE
C H R O N IC L E .
The gain for the month reaches the large sum of
$4,626,468, and the ratio of improvement is 13#43 per
cent. For January, it will be remembered, the increase
was small— $993,796, or only 2*57 per cent. Nor does
the gain the present year follow a loss last year. Not
withstanding the unfavorable conditions which pre
vailed in February 1891, our statement then showed a
gain of $1,329,374; in the year preceding (1890) the
gain was over three million dollars, and from the fol
lowing summary it will be seen that the February
exhibits have shown moderate improvement in all the
years back to 1885.
Mileage.
February.
1886 ( 66 roads).......
1887 (101 roads)........
1888 (109 roads)........
1889 (122 roads)........
1890 (161 roads)........
1891 (145 roads).......
1892 (140 roads).......
■Jan. 1 to Feb. 29.
1886 ( 66 roads)........
1887 ( 99 roads)........
1888 (106 roads)........
1889 (122 roads)........
1890 (149 roads)........
1891 (145 roads).......
1892 (140 roads)........
Earnings.
Increase.
Tear
Given.
Tear
Preceding.
Tear
Given.
Miles.
49,389
55,980
61,769
71,577
81,106
89,374
94,897
Miles.
48,299
52,980
68,640
68,744
79,169
86,569
»2,106
t
16,082,394
20,762,296
22,118,090
25,434,878
30,114,656
83,484,366
39,068,578
$
14,852,151 In c.
19,025,570 In c.
20,210,253 In c.
24,173,042 Inc.
27,043,329 In c.
32,154,992 Inc.
34,442,110 ItiC,
*
1,230,243
1,736,726
1,907,837
1,261,836
8,071,327
1,329,374
4,626,468
92,106
81,121,215
42,761,807
44,896,313
62,583,827
62,907,449
70,627,003
77,873,069
31,004,446
37,084,536
41,864,803
48,916,216
55,990,174
67,051,647
72,225,664
116,769
5,677,271
8,031,510
3,667,611
6,917,275
3,575,356
5,647,405
94,397
Tear
Preceding
In c.
In c.
Inc.
Inc.
In c.
In c.
In c.
As regards the increase in the grain movement, that
has been an influence of great importance.
The
increase has not been confined to wheat, but has
extended to all the cereals, and in the aggregate has
reached heavy dimensions. Taking the movement at
the Western primary markets, the receipts of wheat
for the four weeks ending February 27 the present
year were 11,310,577 bushels, against only 5,684,570
bushels in the corresponding four weeks of 1891, show
ing that the total was just about doubled, the gain being
5£ million bushels. But large though the increase in
that cereal was, the gain in corn was still heavier,
the receipts for the four weeks this year having been
13,068,290 bushels against only 6,746,578 bushels for
the four weeks of 1891. In addition, there was a gain
of over 1£ million bushels in oats and a further gain
of 1£ million bushels in barley. Combining the receipts
of wheat, corn, oats, barley and rye, the total for the
present year is 35,159,518 bushels, against only 20,284,210 bushels last year. Here, then, is an increase of
14£ million bushels over the movement in 1891, equal
we may say to 350,000 tons of freight.
And besides
this the receipts of flour were also heavier, being
■934,961 barrels against 734,484 barrels.
The gain in wheat occurred both at the winter-wheat
and the spring-wheat markets, chiefly however at
the latter. A t Minneapolis the receipts were 5,672,620 bushels against 3,001,535 bushels, at Duluth
1,525,405 bushels against only 529,780 bushels, and at
Chicago 1,528,526 bushels against 597,277 bushels.
These are all spring-wheat markets, though Chicago
receives both winter and spring wheat.
At the
winter-wheat' points the gains have been much more
moderate, the increase at St. Louis for instance hav
in g been not quite 400,000 bushels. On the other
hand, St. Louis is the point that has been especially
favored on the corn movement, its receipts the present
year being over 6¿ million bushels against only 1^
million bushels in 1891— that is to say, of the total
gain of 6 millions in corn nearly 5 millions is found at
that point, and this suggests that the movement from
the Southwest was very free. The following gives the
details of the grain receipts.
427
RECEIPTS OP F L O U R A N D GRAIN POR PO U R W E E K S E NDED FE B R U A R Y
27 AND SINCE J A N U A R Y 1.
Flour,
(bbls.)
Chicago—
4 wks. Feb., 1892.
492,618
4 wks. Feb., 1891.
322.149
Since Jan. 1,1892 1.003.201
673,435
Since Jan. 1,1891
Milwaukee—
254,007
4 wks. Feb., 1892.
4 wks. Feb., 1891.
250.200
Since Jan. 1,1892
511,514
549,161
Since Jan. 1,1891
8t. Louis—
4 wks. Feb., 1892.
125,631
4 wks. Feb., 1891.
95.047
Since Jan. 1,1892
237.624
179,224
Since Jan. 1,1891
Toledo—
6.975
4 wks. Feb., 1892.
1,828
4 wks. Feb., 1891.
12,105
Since Jan. 1,1892
6,528
Since Jan. 1,1891
Detroit—
4 wks. Feb., 1892.
13.239
4 wks. Feb., 1891.
13,303
Since Jan. 1,1892
24,399
Since Jan. 1,1891
23,094
Cleveland—
4 wks. Feb., 1892.
21,716
4 wks. Feb.. 1891.
38,607
Since Jan. 1,1892
46.787
Since Jan. 1,1891
82,783
Peoria—
20,775
4 wks, Feb., 1892.
4 wks. Feb., 1891.
13,350
Since Jan. 1,1892
35,475
Since Jan. 1,1891
26,100
Duluth—
4 wks. Feb.. 1892.
Wheat,
(bush.)
Com,
(bush.)
Oats,
(bush.)
(bush.)
1,528.526
597,277
3,102.979
1,260,632
4,153,462
3.541,617
7.895,014
6,218,995
4,616.504
3,466,802
8,782,159
6,838,326
1,410,803
1,008,726
2,809,317
2,239,842
392)016
813,083
342,51)0
1,592,716
737,417
175,940
77.560
286,630
145,220
420,000
871,500
246,000
395,410
846,000 1,677,725
606,000 1,087,930
69 820
110582
147,813
212,486
996.939 6,397.405
854,820
622,596 1,512.095
730.335
2,266.350 12,409,545 1,925.865
928,796 2,545,080 1,301,125
(bush.)
473,900
198,450
860,700
392,250
85,808
7,160
61,858
23,650
18,100
1,863
43,200
5)378
209,000
70,637
465,100
132,931
630,600
322.187
1.370,600
432,333
19,400
3,493
38,300
8,320
1,200
3.000
8,300
4,700
344.907
222.175
552,896
325,003
113,194
60,830
212,639
188,715
130,538
100,599
263,091
194,378
103,212
61,690
202,679
122,128
140.097
183,570
233,897
420,814
46,189
122,889
103,595
291,499
137,894
238,805
302,510
486,505
55,654
62,035
93.446
102,579
9,460
700
9,460
2,100
80,000
114,500
143.000
163,000
1,551,500 1.051.000
1.109,400
901,000
8,575,900 2,131,000
2,107,890 1,652,000
242,400
114,000
442,200
248,400
15,950
15,950
47,852
31,900
1,525,405
529.780
2,728,985
'869,531
785
Total o f all—
4 wks. Feb., 1892.
934,961 11,311,577 13,088,290 7,230,156 3,158,669
4 wks. Feb.. 1891.
734,484 6,6)-i (.570 6,746,578 5,687,034 1,838,311
Since Jan. 1,1892 1,876.105 20,931.623 25.853.923 14.288,925 6,094,367
Since Jan. 1,1891 1,540,325 11,62 ,009 11,929,642 11,087,440 4,197,829
391.626
332,717
866,599
667,585
Since Jan. 1,1891
Minneapolis—
4 wks. Feb.. 1892.
4 wks. Feb., 1891.
Since Jan. 1.1892
Since Jan. 1,1891
5,672,620
8,001)635
9,849.700
6,890,885
Of the increase in oats a large part is found at Chi
cago. But we get a better idea of the comparative
grain movement at that point by making up the fig
ures for the even month, the statement above covering
just four weeks in both years. Below is the compari
son on the monthly basis. Of course, the fact that
February had 29 day3 the present year makes the totals
for the full month larger than those for the four weeks.
RECEIPTS AT CHICAGO DURING FE B R U A R Y AND SINCE J A N . 1 .
February.
1892.
Wheat.bush.
C om ...bush.
O ats., bush.
R ye., .bush.
Barley.bush.
1,599,245
4,425,476
4,834,273
260,745
1,360,904
1891.
597,277
3,511,717
3,466,802
190,472
1,008,726
Since January 1.
\ 1890.
393,280
4,436,907
3,827,429
155,888
1,298,811
1892.
3,271,719
8,336,602
9,156,344
608,085
2,834,832
1891.
1890.
1,349,630 1,087,355
6,434,383 11,609,877
7,041,225 7,523,740
404,639
427,059
2,307,623 2,635,246
Total grain 12,480,613 8,804,994 10,112,315 24,207,582 17,537,5*0 23,283,2': 7
Flour. ..bbls.
£09,519
322,149
322,552 1,039,829
691,467
779,747
Pork....bbls.
2,070
711
4,827
4,274
4,458
9,139
C utm ’ts.lbs. 18,563,490 25,797,208 23,969,378 40,389,361 55,013,873 52,313,437
Lard...... lbs.
8,951,377 6,960,077 10,277,648 19,459,454 18,339,581 23,163,472
Live hogs Nol
675,588
933,873
563,836 1,652,902 2,002,133 1,371,634
Thus total grain receipts at Chicago the present year
were 12,480,643 bushels, against 8,804,994 in February
last year. The table also gives the receipts of pro
visions and live hogs, and from this it will be observed
that in the latter there was some falling ofE, especially
in the case of hogs, where the deliveries for the month
in 1892 were only 675,568 head against 933,873 head in
1891. There was an increase of 1,359 barrels in the
receipts of pork and an increase of about 2,000,000
pounds in the receipts of lard, but a decrease of over
7,000,000 pounds in the receipts of cut-meats.
In reference to the cotton movement in the South,
the gross shipments overland in February 1892 were
165,393 bales against 147,724 bales in February 1891.
The chief gain, however, was in the port receipts.
There had been a gain of 132,000 bales in the total
last year—we mean the total at the Southern ports—
and on top of this there was a further gain of 119,000
bales the present year. In other words, the receipts at
the Southern ports in February 1892 were a quarter
of a million bales greater than in February 1890. The
following gives the results at each of the different ports*
428
THE
RECEIPTS OP COTTON AT SOUTHERN PORTS IN F E B R U A R Y ,
JANUARY
1
TO MARCH
1, 1892, 1891
AND
FROM
1890.
Since January 1.
February.
Ports.
AND
1892.
1891.
1890.
1892.
1891.
1890.
G alveston...............bales.
El Paso, &c....................
New Orleans.....................
M obile................................
Florida...............................
Savannah..........................
Brunswick, &c...............
Charleston...............
P ort Royal, &c...............
W ilm ington......................
Washington, & c ...........
N orfolk..............................
W èst Point, &c..............
90,881
3,324
308,866
28,173
1,041
51,877
14,147
23,326
123
7,247
265
31,112
36,565
52,055
4,336
154,251
22,882
729
82,649
11,332
38,458
62
8,475
267
45,783
56,672
43,723
7,044
135,849
12,041
4,933
61,049
11,652
8,969
34
4,559
63
29,492
35,733
186,418
11,317
592,304
46,850
8,768
111,657
32,368
49,564
186
13,956
630
73,379
72,546
140,572
11,957
458,852
62,695
2,429
184,016
81,317
85,780
158
30,134
1,265
140,090
129,900
119,046
15,053
889,704
40,047
9,560
134,966
44,778
27,555
404
16,876
1,011
74,830
85,045
T otal............................
596,947
477,981
345,141 1,194,443 1,279,165
958,376
Analysis of these figures shows that the general state
ment of increase is subject to important qualifications
when we come to apply it to the separate ports. The
Gulf ports— Galveston^ New Orleans and Mobile—-sup
ply considerably more than the whole of the addition,
whereas most of the Atlantic ports show a decrease in
receipts. This will explain the irregularity in the re
turns of earnings of Southern roads, to be noted fur
ther below. Thus at Savannah the receipts were
only 51,877 bales, against 82,649; at Charleston 23,326
against 38,458; at Norfolk 31,112 against 45,783, and
at West Point 36,565 against 56,672 bales. At New
Orleans the gain has been quite remarkable, receipts
this year having been double those of February 1891,
or 308,866 bales against only 154,251 bales.
The
Louisville New Orleans & Texas brought in 74,009
bales against 34,164 bales, an addition of nearly 40,000
bales, in view of which the large gain in the road's
earnings for the month is not difficult to understand.
Most of the other roads to New Orleans were favored in
an equally striking manner; the deliveries by the Illi
nois Central were 53,781 bales against 27,596 bales; by
Morgan's road 24,523 bales against 10,548, and by the
Texas & Pacific 46,966 bales against 23,367. On the
other hand the deliveries by the New Orleans &
Northeastern show a slight decrease.
With a gain in gross earnings for the month of over
4 f million dollars in the aggregate, it is almost needless
to say that the gains on many of the separate systems
are very large in amount. The New York Central leads
with an increase of $475,238, this being independent of
the results on the Rome Watertown & Ogdensburg;
the St. Paul follows close behind with a gain of $425,110; these two systems between them, therefore, having
over $900,000 increase. .The Great Northern has $357,020 increase, the Atchison with the San Francisco
$324,744, the Rock Island $298,566, the Missouri
Pacific $255,083, the Louisville & Nashville $241,339,
the Northern Pacific (with the Wisconsin Central) $157,365, the Wabash $143,219, the Denver & Rio Grande
$141,300, the Norfolk & Western $122,208, the Cana
dian Pacific $117,506, and a whole host below $100,000
in amount. The following furnishes a full list of all
changes above $30,000 in amount— both gains and losses.
P RINC IPAL CHANGES IN G R O S S
EARNINGS FO R F E B R U A R Y .
In crea ses.
$62,530
N. Y. Cent. & fiud. Riv. $475,238 Louisville N. O. & Tex.
54,489
Ohio. Milw. & St. Paul.
425,110 Minn. St P. & S. S. M ..
Buffalo
Roch.
&
Pittsb.
45,028
Great North’n (3 roads)
357,020
43,201
Atcli. and San Fran---324,744 Pittsburg & W estern...
41,792
Col.
H.
V.
<
&
Toledo
.
.
.
.
Chic. Rk. island & Pae.
298,566
39,123
Mo. Pac. and Iron M t..
255,083 Texas & Pacific.............
38,453
Louisville & Nashville.
241,339 Minn. & St. uouis . . . . . .
37,483
No. Pac. and Wis. Cen..
157,365 St. Paul & D uluth..___
37,268
W abash......................
143,219 Lake Erie & Western...
35,038
Denver & Rio Grande..
141,300 Toledo St. L. & K. City.
34,646
Norfolk & Western.......
122,208 St. Jos. & Grand Island
33,473
Canadian Pacific....---117,506 Louisv. New Alb. & O..
31,015
Chic 8t. Paul & K. City
96,109 Balt. & Ohio Southwest
Gr. Tr’nk of Can. (8 rds)
94,735
Cin.N.O. & T.Pac. (5 rds)
86,204 Tot. (represent’g 45rds.)$4,178,071.
Clev. C.C. &St.L. (2 rds)
85.538
Chesapeake & O h i o —
80,321
$87,929
Mexican C entral...---72.281 Mexican Railway ........
Burlington C. R. & Nor.
70,648
]n
This list, it will be observed, is made up chiefly of
grain-carrying roads either in the West or in the East—
we mean roads in the East which had a large traffic in
grain— with a sprinkling of coal roads and Southern
roads. The only noteworthy loss is that of $87,929 on
the Mexican Railway— the old road between the City
of Mexico and Vera Cruz and which has a parallel
road to compete with now. There are also only very
few losses of any kind, large or small; in fact, outsido
of the Southern section there are only 14 roads alto
gether which have fallen behind in their earnings.
We do not know which of the 8 roads in the Rich
mond & Danville system show a decrease in their earn
ings, as we have been unable to get the separate re
turns ; presumably, however, most of them have a loss;
but disregarding that system there are 6 South
ern roads which report losses and 16 that report
gains, the latter comprising such prominent companies
as the Louisville & Nashville, the Norfolk & Western
and the Chesapeake & Ohio, all of which, as we ha ye
already seen, gained heavily. While the cotton move
ment in the South was much larger than a year
ago, it can hardly be claimed that the great improve
ment in the earnings of the Norfolk & ' Western and
the Chesapeake & Ohio followed from that cause.
EA R N IN G S O F SO U T H E R N G R O U P .
February.
1892.
1891.
1890.
1889.
1888.
1887. ’
$
$
$
$
$
$
425,000
623,073
577,066
381,919
835,250
703,394
Chesapeake &Ohio
595,980
671,252
672,058
565,995
523,083
757,456
Cin. N.O.& T ex. P.*
621,872 +485,083 +462,514 +396,28*
641,139
E. Tenn.Va. & G a .. «611,183
Louisville & Nash. 1,771,120 1,529,781 1,496,846 1,346,528 1,280,395 1,170,453
179,280>
255,910
215,854
225,660
291,394
353,924
Louisv. N.O.& TexJ
125,375
145,305
162,510
144,618
136,350
136,610
Memphis. & Char..
215,992
200,49»
247,300
277,059
287,095
.
304,478
Mobile & Ohio.......
508,577
411,691
674,328
460,338
591,326
713,534
Norfolk & W e s tt..
867,171
734,077
908,397
Rich. & Danv. syst. 1,106,580 1,107,990 1,063,400
126,315
185,652
114,69»
149,161
176,916
156,800
South Carolina__
T otal................. 6,615,079 6,050,316 5,803,246 5,051,309 4,740,154 4,191,138
* Entire system.
t Not including Mobile & Birmingham and Louisv. South’n»
t Includes Scioto Valley & New Eng. and Shenandoah Valley fo r all the y e a n .
a Fourth week not reported; figures taken same as last year.
Though the showing for all the different sections,,
excepting the Southern, is very good, no group reveals
such striking improvement as the Northwestern. It is
not alone that the large systems like the St. Paul, the
Rock Island and the Great Northern have very heavy
gains, but that even the smaller roads are distinguished
for their very favorable exhibits. We may refer to the
Burlington Cedar Rapids & Northern, which reports
gross of $336,497 against $265,851; the St. Paul &
Duluth $132,623 against $95,140 ; the Minneapolis &
St. Louis $150,832 against $112,379 ; the Wisconsin
Central $395,866 against $326,502 ; the St. Paul &
Kansas City $380,837 against $284,728; the “ Soo'*
road $190,000 against $135,511, and the Duluth South
Shore & Atlantic $133,096 against $107,906.
Among
all the returns we have had from that section there is
not a single one that records a loss in earnings. From
the following comparative statement for the last six
years for a few leading companies it will be observed
that in some cases—that of the St. Paul for instance—
there were gains even last year, to which the gains the
present year therefore have been additional.
r c ii§ 6 ^ «
LVo l . LIV,
C H R O N IC L E .
EAR N IN G S O F N O R T H W E S T E R N L IN E S.
February.
1892.
Burl. Ced. R. & No.
Chic. MU- & St.Paul
Chic. R . I. & P a c..
Iowa Central..........
Milwaukee & N or..
Minn. & St. L ouis..
St. Paul & Duluth.
8t. P. Minn. & Mari .
Wis.-Central lines.
$
336,497
2,304,102
1,321,488
146,968
121,962
- 150,832
132,623
868,603
395,863
1891.
1890.
1889.
1888.
1887.
*
$
$
1
$
221,014
195,938
216,128
271,994
; 265,851
1,878,992 1,793,146 1,676,608 1,577,001 1,524,978.
975,405 *933,003
1,022,872 1,294,132 1,134,137
107,954
97,28»
128,656
135,351
146,059
64,887
83,230
09,826
101,005
116,439
103,360.
109,234
93,172
93,172
112,379
81,913
72,234
84,871
77,354
95,140
434,80»
552,012
455,014
382,327
■ 534,337
221,422
255,472
320,054 ; 234,581
326,502
5,778.837 4,498,571 4,541,222 4,021.023 3.952,849 3,658,25»
T o ta l__
* Not including the lines west o f Missouri Hiver.
M arch
12, 1892. j
THE
Iti, the South.west the character of the exhibits is
also very good, there being only 3 very minor lines
which fall behind, while there are 19 roads which re
port gains.
On some of these latter, notably the
Missouri Pacific, the Atchison and the Denver & Rio
Grande, the improvement is very striking. The in
crease on the Denver & Rio Grande is $141,000 and
attracts especial attention by reason of the fact that
only a short time ago that road was doing very poorly.
The improvement now follows in good part from the
mineral discoveries at Creede, which has led to great
industrial activity in Colorado.
The February earn
ings the present month are the largest for that month
in the company’s history.
GROSS EARNINGS AND MILEAGE IN FEBRUARY.
d r o ss E a rn in g s.
Harne o f R oad.
At oh. Top. & S. F e...
R’dsj’ntly own’d, *2 .
St. L. & San Fran...
R’de j ’tly own’n .^ .
Balt. & Ohio Southw.
Birm’ham & Atlantic
Buff. Roch. & Pitts...
Burl. Ced. Rap.& No.
Canadian P aciiio......
Char. Cin. & Chic___
Chari. Sumter & No.
Chesapeake & Ohio..
Chic. & East. Illinois.
Chic. Milw.&St. P ...
Chic. Peo. & St. Louis
Chic. R. Isl. & P a c...
Chic. St. P. & Kan. C.
Chic. & West Mich...
Cin.Georg. & P orts...
EAR N IN G S O F SO U T H W E ST E R N G R O U P .
Cin. Jack. & Mack.....
Cin. N. Orl.& Tex. P . .
Ala. Gt. Southern...
1888.
1887.
1889..
1890.
February.
1892.
1891.
N.Orl. & Northeast.
*
$
$
Ala. & Vicksburg...
$
$
$
Vioks.Shrev.&Pac..
AtOh.T.&S.F* 2,416,397 2,172,549 2,221,313 1,864,983 1,730,686
514,701
497,077
562,285 Cin. Northwestern...
B en.& R io Gr628,128
534,000
675,300
Cinn.
Ports. & V ir...
366,934
332,216
844,671
K.C.Ft.S.&M. 0402,797
362,400
374,228
Col. & Maysville...
551,763 Cin. Wab. & M ich....
478,372
480,135
+616,431
Mo. Kan. & T . +625,096
+607,892
249,786
164,636 Clev. Akron & Col___
220,162
297,472
St. L. Southw.
357,543
347,116
381,220 Clev. Cin.Ch. &St. L ..
409,863
896,108
480,383
St. L. & San F.
464,219
525,854
Peoria & East. Div.
450,694
459,678
463,068
Texas & Pac.
507,589
544,426
546,712
Cleveland & Marietta
Total........... 5,649,699 5,007,593 5,050;553 4,817,709 4,137,075
Colorado Midland....
Col. Hock. Val. & Tol.
* W hole Atchison system except St. Louis & San Franolsoo.
Col.Shawnee&Hock..
+ Kansas City & Pacific Included in these years.
Colusa & Lake___
‘ Current R iv e r .......
a Fourth week not rep orted ; figures taken same as last year.
Denv. <feRio Grande..
Des
Among the Pacific roads the Northern Pacific also is Det. MoinesNo.&West
Bay City & A lp ..
Det. Lansing & N o r..
distinguished for changed results—improved totals Dul.
So. Shore & Atl..
against losses in the months preceding. The increase Duluth & Winnipeg..
‘ E. Tenn. Va. & Ga...
is the more gratifying since there had been an increase Elgin Joliet & East.
Evans; & Indianap...
in the month last year too. The Canadian Pacific con Evans v. & T. H aute..
Flint & Pere Marq...
tinues to enlarge its earnings in the same notable man Fort Worth & Rio G.
Ga. South. & Florida
ner as heretofore.
Gr.Rapids & Indiana
Cin. Rich. & Ft. W.
EARNINGS OF PACIFIC ROADS.
Other'lines............
tGr. Trunk of Canadf
tChio.
& Gr. Trunk.
February.
1891.
1890.
1889.
1898.
1888.
1887.
tDet. Gr. Hav. & Mi
Gt. No.—S. P. M. & M
$
$
$
«
$
$
Eastern of Minn...
Canadian Pacific.. 1,456,000 1,338,494
946,257
902,677
892,798
558.407
Montana Central..
Northern Pacific... 1,557,982 1,469,981 1,282,908 1,193,159
936,085
625,728 Humeston & Shen ..
R io Grande W est..
148,550
160,650
99,453
95,833
88,049
70,717 Hutchinson &8outh’i
Ind. Dec. & Quincy..
Total____ _____
2,957,025 2,328,618 2,191,569 1,916,927 1,164,852
Internat’l & Gtl No..
Iowa Central............
The roads in the Middle and the Middle Western Iron Railway............
Kanawha & M ich__
States, including the trunk lines, present almost uni Kan, C. Clin. & Spr..
Kan. C.' Ft. S.& Mem
formly favorable comparisons. Out of 60 roads from Kan. C. Mem. & B ir..
Keokuk & W estern...
those sections which have contributed returns to our Lake Erie All. & S o...
Erie & Western.
tables, only eight are obliged to report a decrease; the Lake
Lehigh & Hud. River,
Little Rook & Mem.
rest all have gains, such roads as the New York ‘Long
Island...............
Evans. & St.L
Central, the Wabash and the Grand Trunk being con Louisv.
Louisv. & Nashville:.
Alb. & Chic..
spicuous among them. The following is a comparative Louis.N.
Lou. N. Orl. & Texas.
exhibit for 20 roads. It will be observed that while in Louisv. St. L. & Tex.
Memph. & Ghar’ston.
the aggregate the earnings of these 20 roads for 1890 Mexican Central.......
Mexican National,...
and 1891 did not differ much, for 1892 there has been tMexican Railway...
Milw. & Northern.. ..
an increase of about $1,100,000.
Mineral Range.........
Minn. & St. Louis___
TRUNK LINES AND M ID DLE AND M ID DLE W ESTERN ROADS.
Minn. St.P.&S.SteM.
Mo. Kans. &Tex.sys..
Mo. Pac. & Iron Mt..
February.
j 1892.
1891.
1890.
1889.
1888.
1887.
Mobile & Ohio............
Mont. & Mex. G u lf...
$
$
$
$
$
$
N. Orleans & South’n
Balt. & 0 . Southw.
170,374
201,389
180,539
161,145
170,908
172,487 N.Y.Cen.&Hud. Riv.
Buff. Rooh. & Pitt.
180,355
225,383
144,511
147,489
153,667
131,727
Rome Wat. & Ogd.
Chicago &East. 111.
293,499
278,410
219,814
214,310
208,315
171,667 N. Y. & Nor them......
Chic.& W est. Mich.
119,980
142,362
103,666
95,501
98,565
85,293 N. Y. Ont. & West___
Cl. Cin. Chic. & St. L 1,048,378
986,595
939,205
841,434 *779,708 *770,524 Norfolk Sc Western...
Northern Pacific.......
Col. Hock. V.& Tol.
180,574
222,366
163,016
174,112
189,370
199,941
Wise. Cent, lin es...
Det. Lansing & No.
83,044
86,931
82,590
70,982
71,380 Ohio & Mississippi...
69,914
Evansv.& Terre H.
86,938
94,062
74,494
65,117
54,534 Ohio R iv er............. .
67,838
Flint & P. Marq....
226,336
252,791
252,454
190,585
173,500 Ohio Southern..........
171,507
Grand Rap. & Ind.*
218,243
247,612
187,111 Peo. Dec. & Evansv-..
239,634
217,608
217,633
Gr. Trunk o f Can.f 1,373,839 1,304,071 1,366,602 1,302,159 1,169,813 1,262,705 Pitts. Marion & Ohio.
Pittsb. & Western....
Lou.Evans.& St.L.
112,610
84,537
76,590
82,926
85,324
61,739 Quin. Omaha & K. C..
Louis. N .A .& Chic.
222,804
189,331
168,785
152,887
149,199 Rioh.& Danv(8 roads)
170,427
N. Y.Cent.&H.R.IT 3,506,415 3,020,385 2,990,821 2,665,653 2,810,541 2,656,471 Rio Grande South’n.
Ohio & Mississippi.
334,574
305,964
303,369
290,678
311,028 Rio Grande Western.
289,265
Pittsburg & W est.
190,497
147,296
153,860
133,405
125,101 Sag. Tuscola & Huron
137,015
St. Jos. & Gr. Island..
St.L.A.& T.H.br’s ..
119,820
107,160
89,005
77,663
80,263
66,846
St. L .A lti& T .H .B rs,
Tol. A Ohio C ent..
96,821
93,650
' 88,903
77,173
77,784 St. Louis Southwea’n.
103,257
W ab a sh .................. 1,087,850
944,631
986,840
861,639 St. Paul & Duluth___
778,991
918,982
West. N. Y. & P a ..
267,700
243,175
251,872
222,947
215,564
184,148 San Fran. & No. Pao..
Sav. Amër. & Mont..|
T otal.................110,098,630 8,999,122 8,882,9061 8,110,09ll 7,954,214 7,774,774
Silver ton....................
* A ll lines.
t Four weeks.
t For these years we have added together South Carolina.. , ___ t
Clev. Col. Cin. & Ind., Cin. Ind. St. Louis & Chic, and Cairo Vincennes & Chic’ Staten Isl’d Rap. Tr.. (■
Tennessee Midland..]
f R om e W atertow n & Ogdensburg included fo r all the years.
429
C H R O N IC L E .
1892.
1891.
M ilea g e.
In crea se o
D ecrea se. ' 1892.
1891.
$
$
1 $
-4-224,42( 6.54C 6,527
2,296,835) 2,072,41]
+19,42
58r
587
119,55ÉÌ
100,13''
+61,63£ 1,326 1,329
525,85i
464,211
53C
536
+ 19,26!
117,001
97,74(
281
+31,01f
281
201,38S
170,37i
22
22
—907
4,21:
3,304
304
304
+45,026
225,38E
180,35c
+70.64C 1,085 1,046
336,49]
265,85
1,456.00t 1,338,491 +117,50€ 5,731 5,508
175
175
—697
14,197
13.50C
139
79
16,721
10,842
+5,876
970
931
+80,32]
623,072
703,39436
436
273,410 i
+15,08£
293.49S
2,304,102 1,878,992 +425,11( 5,721 5,719
316
318
+21,475
82,14'
103.61S
1,321,43g 1,022,875 +298,566 3,461 3,354
922
922
+96,10i
284,726
380,837
511
489
+22,382
142,362
119.98C
42
42
+572
3,702
4,274
345
345
-9.33Î
52,256
61,586
336
386
+37,241
368,942
331,70!
295
295
+ 17,496
165,695
148,19i
196 - 196
+ 18,13£
107,84i
89,70'
143
143
59,21g
+8,582
50,636
17C
170
55,758
51,01]
+4,747
6
8
1,588
2,116
—528
106
106
13,472
16,555
+3,087
19
1£
86(
+156
1,01b
250
205
+ 17,47c
43,41'
60,837
194
194
63,906
+ 3 ,98c
67,891
986,595
+ 61,78c 1,587 1,682
1,048,378
35]
351
116,165
+23,755
139,920
105
105
21,577
+2,20“]
23,78]
350
350
+21,195
141,906
163,10]
325
327
+41,792
180,571
222,366
155
155
31,50i
+24,409
55,918
22
22
—380
1,93(
1,55(
82
82
—2,862
9,59]
6,722
1,637
1,637
+141,30C
534.00C
675,300
157
157
+7,816
25,81£
33,635
282
232
—12,851
42,351
29,500
323
323
+3,888
83,042
86,931
589
589
+25.19C
107,906
133,096
81
85
+5,319
5,398
10,717
—29,956 1,611 1,611
457,339
427,383
164
164
+13,287
49.666
62,953
153
153
+4,278
23,445
27,723
161
161
+7,124
94,062
86,938
627
627
+26,455
226,336
252,791
113
144
+8,849
24,747
15,898
285
285
+3,353
59,785
63,138
424
428
+23,230
167,288
190,513
86
86
+5,231
33,591
38,822
62
62
+908
17,364
18,272
+69,768 3,505 3,487
1,373,839 1,304,071
335
335
+12,812
280,034
292,846
189
189
+ 12,155
78,703
90,858
3,024
534,337 +334,272 3,350
868,609
72
72
+ 17,292
40,614
57.906
192
260
+5,456
81,075
86,531
95
95
+753
12,247
13,000
82
82
+1,132
6,200
7,332
152
+4,236 •"152
33,232
37,468
825
825
+29,305
280,944
251,639
497
497
+909
146,059
146,968
20
20
—245
2,628
2,383
142
142
+6,710
19,626
26,336
163
163
+1,088
16,096
17,184
671
671
+28,569
249,810
278,379
275
275
+ 11,034
94,835
105,869
148
148
+694
29,184
29,878
61
61
+1,589
4,809
6,398
722
722
225,151
+37,268
262,419
90
90
+3,481
27,654
31,135
135
135
—928
44,276
43,348
361
361
+19,598
213,113
232,711
373
373
—28,073
112,610
TT84,537
1,771,120 1,529,781 +241,339 2,866 2,248
537
537
+33,473
189,331
222,804
800
800
291,394 - +62,530
353,924
121
121
+22,436
52,721
30,285
330
330
+260
136,350
136,610
520,112
+72,281 1,803 1,527
592,393
—26,592J 1,218 1,218
338,273
311,681
293
321
—87,929
346,798
258,869
362
+5,523
362
116,439
121,962
17
17
+ 1,873
8,227
10.100
363
363
+38,453
112,379
150,832
805
805
+54,489
135,511
190,000
+ 17,204 1,677 1,830
607,892
625.096
2,137,4:12 1,882,329 +255,083 5,278 5,246
687
687
+ 17,383
287,095
304,478
242
391
+12,343
74,698
87,041
65
65
—974
12,262
11,288
1,208,234 2,732,996 +475,238 1,467 1,465
629
629
+9,792
287,389
297,181
61
+7,090
61
32,742
39,832
425
423
196,279
216,167
+ 19,883
1,077
591,326 +122,208 1,105
713,534
.,557,982 1,469,9-<1 • +88,001 4,332 4,192
867
867
326,502
+69,364
395,866
623
623
305,964
+28.610
334,574
209
209
35,815
. +9,185
45,000
140
140
+9,473
44,263
53,736
254
254
63,212
+5,451
73,663
25
25
—21
3,159
3,138
352
367
+43,201
147,296
190,497
134
134
19,670
+4,977
24,647
-1 ,4 1 0 3,154 3,113
„106,580 1,107,990
172
12,254
50
+28,533
40,787
512
148,550
+12,100
405
160,650
6,762
67
67
6,880
+ 118
445
87,454
52.808 . +34,646
445
242
242
107,160
119,820
+ 12,660
357,543
347,116
+ 10,427 1,222 1,222
132,623
250
95,140
+37,483
247
160
48,970
41,776
160
+7,194
37,982
—3,373
190
41,355
190
1
3,763
20
—3,763
20
156,800
176,916
333
—20,116
313
+872
23
58,000
57,128
23
15,758)
12,6281
+3,130)
135
135
430
THE
G ross E a rn in g s.
N a m e o f R oa d .
1^92.
1891.
In crea se o r
D ecrea se.
C H R O N IC L E .
M ileage.
N a m e o f R oa d .
1891. 1891.
1892.
1891.3
In crea se.
D ecrea se.
$
694,149
90,051
117,397
6,164
141,891
339,938
49,604
2,088,900
83,093
343,926
13,834
178,611
229,921
706,643
254,025
97,655
73,018
6,230
270,670
113,390
28.418
1,091,906
7,945
154,114
46,686
216,276
171,706
320,518
2,216.010
517,304
163,028
195,270
$
$
$
Ohio & Mississippi........
634,177
59,972
Ohio River............... .
$•
$
$
86,347
3,704
Texas & Pacific.........
546,712
507.539
+39,123 1,497 1,497 Ohio Southern............”
96,033
21,314
Tex. Sab.V.A North..
4,355
3,195
38 Pittsb. Marion & Chic..
+1,160
38
6,791
627
Tol. A. Arb. & N. Mich
75,793
286 Peoria Dec. & Evansv..
70,054
286
+5,739
134,607
7,284
Tol. Col. & Cinn........
72 Pittsburg & Western ...
23,998
25,695
72
—1,697
299,305
40,633
Tol. & Ohio Central..
96,821
93.650
235 Quincy Omaha & K. C ..
+3,171
235
42,150
7,454
Tol. Peo. & West.......
83,326
74.332
+8,994
247 Rich. & Dan. Sys. (8r’ds)
247
2,279,490
190,590
Tol. St. L. & K. City .
149,793
114,755
451 Rio Grande Southern ..
-t-35,038
451
24,550
58,543
Wabash....................... 1,087,850
944,631 +143,219 1,924 1.924 Rio Grande Western___
346,523
2,597
West. N. Y. & Penn..
243,175
267,700
+24,525
640 Sag. Tuscola & Huron..
640
13,194
640
W. Va. Cent. & Pitts.
81,752
—372
152 St. Jos. & Grand Island.
82,124
152
104,131
74.480
Wheel. & Lake Erie..
96,824
87,452
+9,372
255 St. L. Alt. & T.H. Br’chs
255
220,960
8,961
St. Louis Southwestern.
697,416
9,227
39.068,578 34,442,110 +4.626,463 94,397 92,106 St. Paul & Duluth..........
185,839
68,186
San Fran. & No. Pacific.
91,236
6,419
Only three weeks of February in each year,
Savan. Amer. & Mont..
82,702
9,684
i For four weeks ending February 29.
Silverton........................
10,788
4,558
i Road not operated on account of snow blockade.
South Carolina...............
354,662
83,992
ITRoad blocked part of month by tunnel acoident.
Staten Island Rap. Tran
112,267
1,123
Tennessee Midland ..
30.057
1,639
GROSS EARNINGS FROM JANUARY 1 TO FEBRUARY 29.
Texas & Pacific.............
1,121,678
29,772
Tex. Sabine Val. & N. W
6,348
1.597
N a m e o f R oa d.
1892.
144,310
1891.
In cr ea se. D ecrea se Tol.Ann Arbor &N.Mich
9,804
Toledo Columb. & Cin..
48,756
2,070
Toledo & Ohio Central..
$
198,802
$
17,474
$
Atch. Top. & San. F e ...
Toledo Peoria & West’n.
4,776,000
4,419,481
143,955
356,516
27,751
Roads j/ntly own’d, 12 .
Tol. St. L. & Kan. City..
260,992
226,914
236,445
84,073
34,078
Wabash...........................
St.Louis & San F ran..
986,502
953,254
1,939,483
33,248
276,527
Roads 1’ntly own’ d,1u.
Western N. Y. & Penn’. !
255,886
221,951
533,750
33,935
16,446
Balt. & Ohio Southwest.
WestVa. Cent. & Pitts..
412,365
355,380
173,900
56,985
10,872
Birmingham & Atlantic.
9,864
6,063
3,801 Wheeling & Lake E rie..
179.843
15,427
-Buff. Roch. & Pittsburg.
462,274
371,777
90,497
Burl. Ced. Rap. & N or..
77,873,069 72,225,664 6,934,462 1,337,057
668,308
517,585
150,723
Canadian Pacific............
Net increase.
3,065,102
2,703,715
361,387
5.647.405
Charleston Cin. & Chic..
27,112
*3,392
23,720
t
To
February
27.
Char. Sumter & North’n
21,380
27,668
6.288
* Only three weeks of February in each year.
Chesapeake & Ohio.......
1,407,135
1.277,737
129,398
Chicago & East. Ill.......
601,226
575,230
25,996
Chic. Milw. & St. Paul..
4,725,019
3,825,188
899,831
DEBT STATEMENT FEBRUARY 29, 1892.
Chip. Peoria & St. Louis
202,517
155.920
46,597
Ch'c. Rock Isl. & P ao...
2,613,983
2,120,359
493,624
The following is the official statement of the United
Chic. St. P. & Kan. City.
720,301
551,948
168,353
Chic. & West Michigan.
259,549
229,291
30,258
States public debt and of the cash in the Treasury at
Cin. Georg. & Ports.......
8,816
8.203
613
Cin. Jackson & M ack...
103,762
' 117,355
18,593 the close of business February 29, 1892.
Cin. N.O. & Texas Pao..
688,399
685,251
3,148
IN T E R E ST-B E AR IN G DE B T.
Ala. Great Southern..
314,239
307,864
6,375
N. O. & Northeastern..
210,399
193,381
17,018
In
t’r’t
Am ount
Am ount Outstanding.
Alabama & Vicksburg.
114,763
109,805
4,958
Title o f Loan.
Vicksb. Shrev. & Pac..
P a y ’le
Issued.
110,881
110,895
14
Cinn. Northwestern___
Registered.! Coupon.
3,069
Total.
3,687
618
Cinn. Ports. & Virginia.
31,065
30,146
919
4^s, F ’n ’d L oa n .1891
Columbus <feMaysville
1.787
1,531
256
Continued at 2 p.c. Q .-M .
$250,000,000 $25,364,50oj $ .... .. $25,804,600
Cin. Wabash & Michigan
113,044
87.489
25,555
4s, F ’ded L o a n ..1907 Q .-J .
Cleve. Akron & Col.......
740,888,700 484,077,900 75,499,450 559,577,350
136,315
133,908
2,407
Clev. Cin. Chic. & St. L ..
4s,
R
e
f’d’g
Certiflc’s.
2,093,761
2,063,492
40,012,750
30,272
Q .-J .
80,230
Peoria & Eastern........
281,292
237,606
43,686
Aggregate excPd’g
Cleve. & Marietta..........
49,416
51,629
2,213
B ’ds to Pac. R R .
Colorado Midland..........
1,030,851.450 509,442,4001 75,499,450 585,028,080
322,445
310,812
11,633
Col. Hock. Val. & Toledo
473,115
385,618
87,497
DEBT ON W H ICH IN TER E ST H A S CEASED SINCE M A T U R IT Y .
Col. Shawnee & Hock ..
104.963
63,203
41,760
Colusa & Lake................
2,975
3,671
696
Feb. 29.
‘ Current River..............
n ded Loan o f 1891, matured Septem ber 2,1891. .$2,378,250 00
14,087
23,402
$2,136,650 00
9,315 fu
Old debt matured at various dates prior to Janu
Denv. & Rio Grande___
1,401,642
1,185,628
216,014
ary
1,1861,
and
other
item
s
o
f
debt
matured
at
Des Moines Nor. & West
63,911
47,433
16,478
various dates subsequent to January 1,1861........ 1,593,650 26
1,586,760 26
Dot. Bay City & Alpena.
58,500
89,273
30,773
Det. Lansing & North’n.
170.902
169,692
Aggregate o f debt on which interest has ceased
1,210
Dul. So. Shore & A tl...
261,781
since m aturity................................. I . ........................ $3,965,900 26
$3,725,410 26
228,456
33,325
Duluth & Winnipeg.......
21,345
10,782
10,563
D E B T B E A R IN G NO IN TEREST.
*East Tenn. Va. & Ga ..
1,009,375
1,223,324
213,949 begai-tender notes..................................
$346,681,016 00
Elgin Joliet & East.......
127,609
95,963
5504750
Old demand n o te s........................... ...J ..................
31,646
Evansv. & Indianapolis.
National Bank n o te s :
...................................................
'
55,907
49,954
5,953
Evansv. & Terre Haute.
Redemption account..................................................................... 29 888.003 25
185,397
179.630
5,767
Fractional currency................................................. ....$15,280,667 60
Flint &Pere Marquette.
493,883
480,301
13,582
Less amount estimated as lost or destroyed............ 8,375 934 00
Fort Worth & Rio G r...
44,037
33,261
10,776
--------------------6,904,733 60
Ga. Southern & F la ....
123,838
123,159
679
Gr. Rapids & Indiana...
358,900
333,905
24,995
Aggregate o f debt bearing no interest......................................... $388,529,400 55
Cin.Rich.& Ft.Wayne.
70,136
65,006
5,130
CERTIFICATES A N D N O T E 3 ISSUED ON DEPOSITS OF COIN A N D
Other lines..................
32,478
32,251
227
LEG A D -TEN D ER NOTES AN D P U RCH ASES OF SIL V E R BULLIO N .
tGr. Trunk of Canada
2,713,017
2,651,654
61,363
tChic. & Gr. Trunk....
587,515
574,465
13,050
tDet. Gr. H. & M ilw ...
168,670
In the
In
158,657
A m oun t
10,013
Classification o f Certificates and Notes.
Great Nor. St. P. M.& M.
1,667,554
1,189,199
478,355
Treasury. Circulation
Issued.
Eastern of M ...............
119,988
81,257
38,731
$18,150,140 $100,001,279 $178,151,419
Montana Central........
183,606
179.274
4,332
Silver certificates........................ ....................
Humeston & Shenand’h.
27,800
8,280,157 825,141,180 328,421,343
25,979
1,821
Hutch. & Southern.......
13,479
12,610
869
90,000
Indianap. Dec. & West..
81,661
73,447
8,214
9,517,059 76,718,553
Int. & Great Northern..
562,034
572,235
10,201
Iow a Central..................
320,924
Aggregate o f certificates......................... $31,037,950 $690,211,018 $021,248,974
273,400
47,524
Iron Railway..................
4,685
5,931
"i',2 4 6
R E C A P IT U L A T IO N .
Kanawha & Michigan..
50,408
43,586
6,822
*Kan. City Clin. & Spr..
39,400
42,106
” 2,706
Classification
of
Debt.
Feb. 29,
Jan. 31,
Increase or
* Kansas C. Ft. S.&Mem.
700,115
616,934
83,181
1892.
1892.
Decrease.
Kan. City Mem. & B ir..
205,356
201,190
4,166
Keokuk & Western.......
63,484
60,253
3,231
$
$
$
L. Erie Alliance & S o...
12,501
10,410
2,091
685,028.080 00 585.027,680 00
I. 400 00
Lake Erie & Western...
546,400
476,192
70,208
Debt
on
which
int.
has
ce
a
se
d
..
3.725,410
20
D.
240,490
00
Lehigh & Hudson River
59,240
3,906,900
26
59,455
215
*Little Rock & Memphis
100,734
118,273
383,529,400 35 884,992,713 85 D. 1,463,313 50
17,539
Long Island...................
464,076
450,092
13,984
Louisv. Evansv. & St. L.
153,967
225,991
72,024 Aggregate o f interest and nonLouisville & Nashville..
972,282,890 01 973,286,291 11 D. 1,703,403 50
3,352,704
3,120,296
232,408
Louisv. N. Alb. & Ohio..
422,917
381.687
Certiflcates and notes offset by
41.236
Louisv. N. Orl. & Texas.
704,350
669,106
35,244
an equal amount o f cash in
Louisville St. L. & Texas
104,883
64,398
40,485
021,248,974 00 605,423,412 00 1 .15,826.562 00
Memphis & Charleston..
261,896
293,542
81,646
Mexican Central............
1,198,509
1,091,168
107,341
aggregate o f debt, including
634,394
Mexican National.. . . . . .
683,874
49,480
certificates and notes.............. 1,593,531,804 61 1,579,409,700 l l 1.14,122,158 50
t Mexican Railway........
519,057
670,322
151,265
Milwaukee & Northern.
CASH IN T H E T R E A SU R Y .
239,529
245,040
5,511
Mineral Range...............
20,400
18,132
.$198,847,862 58
2,268
Minneapolis & St. Louis
277,757
. 83,275.528 95--$282,123,391 53
222,079
55,678
. 852,920.220 00
Minn. St. P. & S. Ste. M.
404,000
286,185
117,815
. 14.787.832 49
Missouri K. & Tex, sys..
1,247,750
1,321,653
73,903
61,401,457 44-- 429,109,509 93
Misso. Pac. & Iron M t..
4,211,885
3,824.993
386,892
24.549.827 84
Mobile & Ohio................
586,404
610,180
,.
9,517,659 00
23,776
Monterey & Mex. G ulf..
164,934
148,103
. 18.150.140 00
16,831
N. Orleans & Southern..
24,430
,.
3.280.167 00
30,277
*'5,847
Currency certificates.
90.000 00
N. Y. Cent.& Hud. R iv ..
6,272,585
5,740,848
531,737
.
4,792,427 17-- 60,379,711 01
Rome Water. & Ogd..
554,691
598,374
43,683
New York & Northern..
75.279
65,967
9,312
ing reimbursement..............................
7 262.532 A3
N.Y. Ontario & West’n ..
417,456
408,079
9,377
433.080 54
Minor coin and fractional currency.
Norfolk & Western........
i , 414,475
1,286,829 * 127.646
,. 14.533,840 «ft
,.
8,705,451 67-- 18,934,905 70
3.005,316
Northern Paciflo............
3,222,120
2’l 6,804
Wiscon. Central Lines.
749,716
698,222
51,494
$790,547,518
Aggregate.
»
THE
DEMAND LIA B ILITIE S.
G old certificates............................................... $178,151,419
00
8ilver certificates............................
328,421,343 00
.Currency certificates.......................
29,440,000 00
____
Treasury notes o f 1*90............................................. 85,236,212 00—$621,248,974 00
1Fund fo r redemp. o f uncurrent n at’l bank notes
5,752,181 40
Outstanding checks and d ra fts....................
2,906,495
39
24,998,242 89
„„„„„
Disbursing officers’ balances.............................
A gency accounts, & c ......................................
8,479,419
60— 37,136,339 28
Geld reserve................................. $100,000,000 00
„„
Net cash balance........................... 32,162,204 8 9 132,162,204 89
A ggregate............................................................................................ ..
17
Cash balance in the Treasury .January 30.1892.•............................. 131,36^,459 54
Cash balance in the Treasury February 29,1892.............................. 182,162,204 89
Increase during the m onth...................................................................
$793,745 35
BONDS ISSUED IN A ID OF PACIFIC R A ILR O A D S .
Name
o f Railway.
In t. repaid by Companies. Balance
Interest
Interest
Principal
o f Inter’st
accrued
paid by B y Trans By cash pay- paid by
Out
and not
m’ts; 5 p. c.
the U. S. portation
standing.
yet paid.
net earnings. the Ü. S
Service.
$
Cen. Pacific. 25,885,120
Kan. Pacific. 6,303,000
Uni’n Pacific 27,236,512
Cen. Br. U.P. 1,600,000
West. Pacific 1,970,560
Sioux C. & P. 1,628,320
Totals .... 64,623.512
$
$
258,851 86,053,968
63,030 9,348,863
272,365 38,818,472
16,000 2,305,808
19,706 2,673,235
16,283 2,294,741
646,235 92.180,085
$
0,495,850
8,997,946
18,141,315
505,032
9,387
180,874
24,336,384
$
$
658,283 29,499,833
5,345,917
438,410 25,268,747
6,9.37 1,853,849
......... 2,663,868
2,107,867
1,103.620 66,740.081
Ipcruet%xvß(ßomm&xti%X %uqII sJx Stews
[From our own correspondent.]
L o n d o n , Saturday, February 27, 1892.
Money this week has been in strong demand. The chief
cause is the magnitude of the tax collections just at present.
During the week ended Wednesday night the Government de
posits at the Bank of England increased nearly £1,400,000.
Some of the railways, too, are accumulating funds to pay
their dividends, and the joint stock hanks have been lending
less freely, as the end o f the month is close at hand, when they
make up their accounts. The rate of discount in the open
market in consequence rose at one time to 2% per cent, hut
at the time of writing has declined to 2 7-16 per cent. A t the
fortnightly settlement on the Stock Exchange, which began
on Wednesday morning, Stock Exchange borrowers were
charged 3 ^ per cent and in some cases even more. Billbrokers and discount houses, too, had to apply for loans to the
Bank of England, the total borrowed during the week
amounting to about a million and a quarter sterling. But the
scarcity of money is quite temporary. The banks next week
will be lending as freely as ever ; the railway dividends are
nearly all distributed, and in a couple o f weeks now the pay
ments out of the treasury will exceed the receipts.
The price of silver declined early in the week, then re
covered to 41 9-16 d. per oz. and has since fallen back to
41 7-16 d. per oz. Except for India there is no demand.
Merchandise exports from India are very large just at present,
and money is required to move the crops ; there is therefore
a strong demand for remittances. The demand is chiefly for
India Council bills and telegraphic transfers, but silver also
is being taken.
The city has again been disturbed by alarmist rumors
throughout the week, most of them quite unfounded and all
grossly exaggerated. On Monday there was a run upon a
small bank in the West End of London—a bank, that is, which
does business chiefly with naval and military officers. The
institution has since published its accounts and has proven
itself to be in a perfectly sound condition. On Tuesday a small
private country bank was found to be in difficulties, and there
were rumors that other hanks in the provinces were likewise
embarrassed. Above all, the dispute respecting the Murrieta
debentures still continues. It will be recollected that the de
bentures amounted to a million sterling nominal, and that
holders of about £100,000 refuse to agree to the proposed con
version. The chief opponent is the Imperial Ottoman Bank,
and although more than three-fourths o f the debenture hold
ers have accepted the conversion proposal the Imperial Otto
man Bank threatens to have recourse to the law courts. In
consequenee there is a fear that the trust companies which
are interested may be placed in serious difficulties, and appre
hension respecting those companies has arisen. Then, again,
trade is falling off. There is a serious dispute in the coal in
dustry, and the fall in silver, cotton, iron and coal is now be
ing followed by a heavy fall in wool; wool in fact is nearly as
cheap as ever it has been in the history of the trade.
The long-continued Ministerial crisis in France is likewise
creating some anxiety, while the complaints o f distress in
Germany and Austria are adding to the general uneasiness.
431
C H R O N IC L E
It is true that the inter-bourse market has been very firm dur
ing the week. Egyptian stocks have risen decidedly, there
has been a recovery in Greek bonds and Turkish bonds have
advanced sharply on a report that the negotiations for conver
sion so long going on are likely to be successfully terminated
soon. But in spite of this there is much anxiety respecting
the Continent. A t home here business is extremely stagnant,
and above all, there has been a further fall during the week
in American railroad securities; the gold shipments from
America, being accompanied by reports that there is a cur
rency scare in New York, have so frightened many holders
that heavy speculative operators have been throwing'stocks
on the market in large quantities during the week. A favor
able circumstance during the week has been a sharp fall in
the premium on gold at Buenos Ayres, which has resulted in
a very considerable rise in Argentine railway stocks and
some recovery likewise in Government bonds.
In spite of the decline in trade, the price of coal until quite
recently was wonderfully well maintained, but for some little
time back it has been giving way. The coal owners therefore
have called upon the work-people to submit to a reduction of
wages, and this the miners have decidedly refused. In turn
they have proposed either a reduction of the days of work
from six to five per week, or a total stoppage of production
for a fortnight. The latter plan has now been agreed upon by
the Miners’ Federation of Great Britain and Ireland. The
members of the Federation are said to number 280,000, aijd
the proposal is that the whole of this vast multitude shall stop
work for a fortnight from the 12th of March. The Federation
comprises the miners of Lancashire, Yorkshire, Central Eng
land and North Wales. There is a separate union for North
umberland and Durham, and it is not yet decided what course
will be taken by it. Practically, the work-people admit that
if the price of coal falls wages must go down, and their pro
posal is to prevent the fall in price. Whether the proposal
will be accepted by the employers is not yet known, nor
whether it will be taken up by Northumberland, Durham and
South Wales.
At the first series of Colonial wool sales, which closed a few
days ago, there was a further sharp fall in prices. For in
stance, Port Philip “ good average grease” fell to about 8d.
per pound. In November, 1889, the price was as high as 13d.
per pound, so that in about two and a quarter years there has
been a fall of about 40 per cent. Partly the depression in the
trade is due to the decline in the American demand caused by
the McKinley act, partly to the increased manufacture upon
the Continent and partly to the large clips of last year in
Australia, South America and South Africa, and the probable
large clips this year. There is no recovery in the iron
trade, Scotch pig being 40s. 3d. per ton, and a further decline
is looked for. There is no sign of improvement in the cotton
trade, and the wheat market is lifeless.
The rates for money have been as follow s:
Interest allowed
fo r deposits by
Open Market Rates.
£
Jan. 22
“
29
Feb. 5
I 12
A 19
“ 26
Trade Bills.
Bank Bills.
London
3
3
3
3
3
3
Six
Stock A t l 7 t o U
Six
Three F our
Three Pour
Months Months Months Months Months Months Banks. Call. B ays.
- 2ki® - 214@3 214®3 2M@8
- 2H® - 214@3 2H@3 294@814
2U@3 2%®3H
- 294@ — 214@ - 254@3 2}4@S 294@S14
- 2 a ® — 2J4@3 3 @ — 3 @834
2^@29s 214® - 2H@ - 2&f@3 3 @314 3 @314
194A - V i®
m ® - 214@
2 Q — 2% ®
v m - 214®
214@ - 214@
Vi
1«
m
Vi
Vi
114
Vi
Vi
Vi
Vi
Vi
2
V i-V i
V i-V i
V i-V i
V i-V i
V i-V i
214-214
The Bank rate o f discount and open market rates at the
chief Continental cities now and for the previous three weeks
have been as follows:
Feb. 19.
Feb. 26.
Rates of
Interost at
Paris..................
Berlin................
Hamburg..........
Frankfort.........
Am sterdam . . ..
Brussels ........
Vienna..............
St. Petersburg
Madrid..............
C openhagen....
Open
Bank
Open Bank
R ate. Market R a te. Market
8
3
S
3
3
3
4
514
5
4
2H
M
194
2
2 94
2%
394
5
5
4
3
3
8
3
3
3
4
514
5
4
2M
194
194
2
2 14
21i
394
5
5
4
Feb. 12.
Feb. 5.
Open Bank
Bank
R a te. Market R ate.
3
8
3
8
3
3
4
614
5
4
214
114
114
194
894
294
394
6
5
4
3
3
3
3
3
3
4
614
5
4
Open
Market
214
114
194
194
294
294
394
614
5
4
The following return shows the position of the Bank o f
England, the Bank rate of discount, the price o f consols, & c.f
compared with the last three yea rs:
482
THE
C ircu la tion ...................................
Public deposits..............................
Other d e p o sits .............................
Governm ent securities...........
Other securities............................
R e s e r v e ........................................
Coin and bullion...........................
Prop, assets to liabilities.per ct.
Bank rate.......................... per ct.
Consols 2 « per cen t....................
Clearing-House retu rn s...........
0H K 0N 1C LE ,
1892.
1891.
1889.
1890.
Feb. 34.
Feb. 25.
Feb. 27.
Feb. 28.
£
£
£
£
34,590,555 22,616,300 23,059,860 23,042,465
9,703,030 13,027,966 10,751,104 10,028,950
38,078,745 28,469,885 24,595,811 23,385,534
10,506,197 12,435,231 13,703,594 14,499,861
28,759,815 81,191,298 22,970,519 22,782,269
16,719,759 16,148,244 16,816,004 14,885,357
34,860,314 .23,313,544 23,436,464 21,727,822
441-16
38«
43«
47 5-16
3
3
5
3
100
«
95 15-16
96 15-10
97«
120,665,000 124,367,000 124,790,000 127,085,000
[V ol . LIV,
4,703—The Park National Bank of Holyoke, Massachusetts. Capital,
$100,000. President, Edwin L. Munn; Cashier, George W.
Parker.
The Farley National Bank of Montgomery, Ala., which was placed in
the hands of a receiver Oct. 7,1891, was on February 15 permitted
to resume business as an active national banking association.
The corporate existence of the Lansing National Bank, Lansing
Miohigan (No. 1,953), expired at close of business March 5, 1892.
Imports and E xports for the W eek .—The following are
the imports at New York for the week ending (for dry goods)
March 3 and for the week ending (for general merchandise)
March 4 ; also totals since the beginning of the first week in
Messrs. Pixley & Abell write as follows under data of Feb. 25. January.
Gold—The demand for gold has continued without intermission, hut
there are to-day rather higher hids for open market parcels than
have prevailed for a week past. The movements at the Bank are un
important, only £16,000 having been received and £10,000 withdrawn
for Malta. Arrivals: Bombay, £15,000; Natal, £23,000; Madeira,
41,500; West Indies, £51,000; New Zealand, £6,000; total, £96,500.
Silver—Silver on the 19th fell to 415igd., but at this low price there
was little to be had, and with a brisk demand rates immediately began
to recover and business was done at 41036d. on the 24th, which con
tinues the price to-day. Arrivals: West Indies, £20,000; New York,
£ 9 ,00 0 ; total, £29,000. Shipments: To Calcutta, February 19,
£172,000; Bombay, February 25th, £152,334.
Mexican Dollars—There have been few dealings in these coin, and
they are at present quoted at 407i«d. Arrivals: From New York,
£10,000; West Indies, £3,000; total, £13,000.
The Quotations for bullion are reported as follows:
GOLD.
L ondon Standard.
Feb. 35.
s.
B ar gold, fin e ....o s .
B ar gold, eontain’g
30 dwts. silver.. o s .
Span, doubloons, os.
8. A m .doubloons.o r.
d.
77 11
78
Feb. 18.
SILVER.
London Standard.
s. d.
77 1 0 « Bar silv er........... os.
Bar silver, contain
77 1 1 «
ing 5 grs. gold, .o z .
Cake silver..........os.
M exican dole...... os.
Feb. 25. Feb. 18.
d.
41 9-16
d.
41 11-16
41 15-16 42 1-10
44«
45
40 7-16 4 0 «
f o r e ig n i m p o r t s a t n e w y o r e .
1889.
F o r W eek.
Dry Goods.......
Gen’l mer’dise.
1890.
$4,000,776
7,761,139
1891.
1892.
$4,320,549
7,957,719
$2,654,894
8,226,159
$2,944,121
9,167,496
$12,287,268
$10,881,053
$12,111,617
Total.......... $11,761,915
S ince J a n . 1.
Dry Goods....... $30,410,250
Gen’l mer’dise.
59,213,210
$34,484,979 $28,551,457 $27,412,004
56,600,147
65,817,287
68,762,373
Total 9 weeks..
$91,085,126 $94,368,744 $96,174,377
$89,623,460
The imports o f dry goods for one week later will be found
in our report of the dry goods trade.
The following is a statement o f the exports (exclusive o f
specie) from the port o f New York to foreign ports for the
week ending March 8 and from January 1 to d a te:
EXPORTS FROM NEW YORK FOR THE WEEK.
1889.
For the w eek..
Prev. reported.
1890.
$7,698,595
53,166,102
1891.
$7,116,874
55,976,615
1892.
$8,629,376
51,324,618
$7,230,530
67,583,763
The following shows the imports o f cereal produce into the
Total 9 weeks.. $60,864,697 $63,093,489 $59,953,994 $74,814,293
,United Kingdom during the first twenty-five weeks of the
season compared with previous seasons:
The following table shows the exports and imports of specie
at the port of New York for the week ending March 5 and
IMPORTS.
since Jan. 1,1892, and for the corresponding periods in 1891
__
1891-92. • 1890-91.
1889-90.
1888-89
W h eat................ewt. 37,191,134 27,879,272 26,680,968 30,313,900 and 1890:
Barley.......................... 11,991,823 11,942,737
Oats.............................. 7,341,507 6,461,046
Peas............................. 1,691,168
966,725
Beans......... ............... 1,883,456
1,653,440
Indian corn................ 12,050,731 13,098,999
Flour............................ 9,112,425 7,330,747
‘ 9,283,108 11,069,971
6,729,809 8,546,780
905,204 1,069,703
1,747,211 1,471,156
14,815,182 12,394,400
8,286,187 '7,427,972
Supplies available for consumption (exclusive of stocks on
September 1):
.
* ^
1891-92.
1890-91.
1889-90.
1888-89.
Importsofwheat.cwt.37,191,134 27,879,272 26,680,968 30,313,900
Imports of flour.......... 9,112,425 7,330,747
8,286,187 7,427,972
Bales o f home-grown.16,438,016 20,335,276 26,161,071 18,212,503
Total.
62,741,575 55,545,295 61,128,226 55,954,375
1891-92.
1890-91.
1889-90.
1888-89.
Aver, price wheat week.32s. Id.
32s. 3d.
29s. 9d.
29s. 54.
Average price, season..36s. 2d.
32s. 3d.
30s. Od.
31s. 94
Hie following shows the quantities o f wheat, flour and
maize afloat to the United Kingdom:
This w eek.
Wheat.................. qrs. 2,515,500
Flour, equal to qrs.
425,000
Maine................... qrs.
869,000
L a st w eek.
2,420,500
445,000
318,000
1891.
1,654,500
373.000
280.000
1890.
1,974,000
345.000
637.000
E n g lish F in a n c ia l M a r k e ts—P e r C able.
The daily closing quotations for securities, &c., at London
are reported by cable as follows for the week ending March 11:
L ondon.
■liver, pbr oz................ d
Consols,new, 2 « per cts.
do for account........
FFchrentes (inParis)fr.
U. 8. 4s of 1907.............
Canadian Pacific............
Chic. MU. & St. P a u l....
Illinois Central...............
Lake Shore.....................
Louisville & Nashville..
Mexican Central 4s.......
V. Y. Central & Hudson.
N. Y. Lake Erie &West’n
do
2d cons...........
Norfolk & Western, pref.
NorthernPaciflo pref...
Pennsylvania..................
Philadelphia & Reading.
Union Paciflo..................
Wabash pref..................
Sat.
M on.
Tues.
Wed.
41016
41%
* i j i c 41*2
9513Ì6 95*516 95i516 95%
95%
96
96*m 95*5lg
96-80 96-95 96-97*2 96-90
121
121
121
121
92
91«
91«
91%
823s
81%
80
79%
108*2 108*2 108*2 108*4
1 3 0 « 138
138*2 138
76%
76*2
76%
76%
72«
72«
72«
72«
1 2 0 « 1 2 0 « 120
119«
34«
34
33*2
34*4
110*4 110*4 110*4 110*4
50«
51%
51*4
51%
70
69%
69*4
69%
56%
56%
55%
56*2
29«
29
27«
28 *s
48
47%
48%
47%
30«
30«
31*4
30%
Thurs.
4 1 9i6
951&16
96
96-80
121
91«
79«
108«
138
77*4
72«
119«
34*2
110*4
51*2
69%
55%
.28%
48%
30«
Fri.
415,6
95*&ifl
95%
96-87*2
121
91%
79%
108%
137*2
7678
72«
119«
34*4
110*4
51*2
x
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
B old.
Im p o rts.
S ince J a n . 1.
Great Britain............ ‘ $1,750,765 $1,821,253
France.......................
Germany...................
1,03Ô,ÔÔQ 3,780,000
West Indies...............
840,500
3,249,360
Mexico.......................
4,000
South America..........
40,000
263,000
I ll ether countries..
Total 1892..........
Total 1891..........
Total 1890..........
$3,661,265 $9,117,613
904,541
5,315,043
219,930
1,513,950
W eek.
W eek.
S in ce J a n .l
$28,225
2,618,502
96,500
55,906
0,244
138,065
16,940
$432,500
6,282
755
5,675
1,508
$446,720 $2,963,382
139,681
1,096,409
415,362
2,450,353
E xp orts.
S ilver.
Im p o rts.
S in ce J a n . 1.
Great Britain............
France........................
Germany....................
West Indies...............
Mexico.............. ........
South A m erica ........
411 other countries..
$472,153 $8,961,788
210,220
Total 1892..........
Total 1891..........
Total 1890..........
$535,793 $4,712,932
590,524
3,559,007
646,199
5,062,450
62,940
197,179
700
334,000
9,745
W eek.
S ince Ja n . 1.
$92,800
$783
.
29,480
546
60,567
19,817
106,953
1,646
$30,759
109,084
58,064
$281,783
434,776
307,991
Of th« above imports for the week in 1892 $7,880 were
American gold coin a nd $747 American silver coin. Of the
exports during the sa me time $3,820,500 were American gold
coin.
Coinage by U nited States Mints.— The following state
ment, kindly furnished us by the Director of the Mint, shows
the coinage at the Mints of the United States during the month
of February, 1892, and the two months of the year.
2 M on ths o f 1892.
F eb ru a ry .
D en o m in a tio n .
P ieces.
68*4
55%
28%
47%
30*4
E xp orts.
W eek.
V a lu e.
P ieces.
V a lu e.
$
3,790,000
896,600
376,800
Double eagles..........
Eagles.......................
Saif eagles...............
Three dollars..........
Quarter eagles____
d o l l a r s . . . . . . . . .. . . . .
115,000
84,660
65,380
$
2,300,000
846,600
326,800
Total g o ld .............
265,020
3,473,400
Standard dollars___
4.697— The Hayden National Bank of Columbus, Ohio. Caoital, $200,- Half dollars..........
Quarter dollars.......
000. President, P. W. Huntington; Cashier, Edward K
Stewart.
dim es.......................
4.698—The First National Bank of Irwin, Pa. Capital, $50,000. Presi
Total silver............
dent, Jacob P. Taylor ; Cashier, Thomas P. Herron.
4.699—The First National Bank of Pullman, Washington. Capita]
Five cents................
.
„
$100,000. President, H. J. Webb; Cashier, H. G. De Pledge.
Three oents...............
4.700—The First National Bank of Estherville, Iowa. Capital, $50,000
One c e n t............. .
President, F. E. Allen ; Cashier, J. P. Kirby.
4.701—The National Bank of Daingerfleld, Texas. Capital, $50,000
Total m inor..........
President, J. Y. Bradfleld; Cashier, J. C. Jenkins.
4.702—The Albert Lea National Bank, Albert Lea, Minnesota. Capi
Total oninaa-e........
tal, $50,000.; President, Horatio B. BTown ; Cashier,-----------
315,000
358,000
1,152,079
810,000
315,000
179,000
288,020
81,000
641,000
918,000
2,408,079
3,260,000
641,000
459,000
602,020
326,000
2,635,079
863,020
7,227,079
2,028,020
868,000
43,400
1,934,000
96,700
5,780,000
57,800
9,500,000
95,000
101,200 11,434,000
191,700
C o m m e r c ia l aixd ïHisceXXauecnts IJem s
N ational B anks .—The follow ing national banks hav
recently been organized:
6,648,000
9.548.099
4,437,620
189,500
89,660
75,360
354,520 5,063,400
19,015.599 7,283,120
THE
M a r c h 1 2 , 18W&.J
C H R O N IC L R
B onds H e l d b y N a t io n a l B a n k s . —The following Interest
ing statement, furnished by the Comptroller of the Currency,
shows the amount o f each class of bonds held against national
bank circulation and to secure public moneys in national bank
depositaries on February 27. W e gave the statement for
February 1 in C h r o n ic l e of February 6, page 232, and by
referring to that the changes made during the month can be
seen.
TT. S. B on d s H eld Feb. 27,1892, to S ecu re—
D e scrip tio n o f B on d s.
Currenoy 6s.....................
4 V per cents....................
4 per cents.................. .
2 ner cents......................
Total..........................
P u b lic D ep osits
in B a n k s.
B ank
C ircu la tion .
$1,116,000
$11,139,000
62,500
126,470,450
21,779,350
14,577,500
1,783,000
$17,476,500
$159,451,300
433
—Parties owning Buffalo N. Y. & Erie lsts, Chicago & Great
Western lsts, and other securities, should notice the list o f
bonds wanted by Mr. Henry S. Redmond, in the C h r o n ic l e o f
to-day.
—Messrs. Coffin & Stanton, bankers, New York, give notice
that on a nd after March 15 they will cash, with accrued inter
est, a list of street improvement 6 per cent bonds of the city of
Columbus, Ohio,, which have been called for payment on that
date, and which are advertised in another column of this issue.
United States Sub-Treasury.—The following table show*
the receipts and payments at the Sub-Treasury in this city, a*
well as the balances in the same, for each day of the week,
$12,255,000
T otal H eld .
62,500
141,047,950
23,562,350
$176,927,800
R ece ip ts.
D a te .
Mar. 5
“
7
i
8
“
9
i 10
“ 11
$
2,360,773
3,752,465
2,571,820
3,167,306
3,689,384
2,542,737
B a la n ces .
P a y m en ts .
$
2,360,196
3,155,576
2,613,365
2,752,414
3,391,304
2,756,321
C oin .
C o in Cert's.
C u rren cy.
$
109,606,287
109,379,128
108,965,047
109,017,931
109,014,774
108,976,578
$
14,450,794
15,305,071
15,674,644
15,874,385
16,050,500
ä16,182,935
$
19,883,609’
19,853,469
19,856,432
20,018,699
20,143,821
19,835,998
—Messrs. Spencer Trask & Co. of this city and the Frank
lin Trust Company of Brooklyn will on March 16 open sub
scriptions for $500,000 first mortgage 5 per cent gold bonds of
the Edison Electric Illuminating Company of Brooklyn at Total.. 18,084,485 17,029,176
101^ and accrued interest. The company holds the exclusive
license for Brooklyn to use the Edison system for the produc
N. Ï . and B rooklyn Gas Securities—Brokers’ Quotations,
tion and distribution of electric light and power. The per
G A S C O M P A N IE S .
B id. A s k
G A S C O M P A N IE S .
Bid. Ask.l
centage of gain in 1891 compared with the business of 1890
was 90 per cent in gross and 140 per cent in net earnings, the
85
90
120
124
101V 102 V
net earnings for 1890 being $24,583 and for 1891 $59,232. In
107 109
January, 1892, the net earnings were $9,115, against $6,128 in
11254 11*8* M etrop oiican(B rooklyn ).. 102 105
January, 1891, and in February the net was $9,029, against
133 134.
iiô
.......
M
etropolitan—B
o
n
d
s
$4,950 in 1891. The company commenced operations Sept. 1, M utual (N . Y . ) ................... 130 112 *
102 107
141 143
1889, and has paid quarterly dividends on the stock of 1 per
100 10*2**I
104
138
cent since June 30, 1890.
S c r ip .’. ........... I..1 ............. 100
—Attention is called to the new loan of $500,000 of bonds
Auction Sales—Among other securities the following, not
of the city of Spokane, Wash., offered in our columns to day
by Messrs. Farson, Leach &Co., of this city and Chicago. The regularly dealt in at the Board, were recently sold at auction.
city of Spokane has a water power of some 30,000 horse power,
By Messrs. R. V. Harnett & Co.:
together with three trans-Continental lines of railway center
S hares.
S hares.
50 National Park Bank.......320
SO American Ex. Nat. B k ...l5 3
ing there. This loan runs for twenty years at 6 per cent,
2 Mercantile Nat. B a n k ....238V
1 N. Y. Law Institute___S I50
with both principal and interest payable in gold.
650 R. W. Bell Mfg. Co. (of
50 Market & Pulton Nat.Bk.225 V
Buffalo, N. Y .)............... 17
50 Nat. Bank of Commerce.185V
—Messrs. Parkinson & Burr, o f Boston, have just opened an 25 Bank
B on d s.
of N. Y., N. B. A ..238
office in this city at 56 Broadway. This firm was established 100 Merchants’ Nat. Bank. ..154
$7,100 City of Rome (Georgia)
8s, 1896.................................106V
in 1866, and is among the oldest Boston houses in the banking 100 Mechanics’ Nat. Bank...190V
and brokerage business. The New York office is connected 254 Phenix Nat. Bank...........126
with the Boston house, both by private wire and private tele
By Messrs. Adrian H. Muller & Son :
phone, and has every facility for transactions in both markets.
S hares.
B on d s.
—Messrs. Morton, Bliss & Co. and Vermilye & Co. offer at
90 and interest Cincinnati Wabash & Michigan first mortgage
100-year gold 4s. This road forms one of the divisions of fhe
Cleveland Cincinnati Chicago & St. Louis system (the “ Big
Four” ). A t price offered the bonds yield about 4% per cent.
See advertisement.
100 Germania Fire Ins. Co... 165
55 N. Y. Bowery Ins. C o... . 81
20 N.Y Prov.& Bost.RR.Co.217
5 ThUrber-Whyland Co.,pf.lOOV
10 Phenix Ins. Co. of B klyn .l4014
100 Gr. Rapids & Ind. RR. Co. 7
960 Mobile, Ala., 8t. Ry. Co.. 1
720 Terre Haute & Ind. R R .. 91V
637 Nashville Electric )
Ry. &, Power Co....... [ « k ftnn w
$74,000 Nashv. Elec. f$ 5’000 lot'
Ry. & P.Co. 1st M.6b. J
2,000 Brooklyn City R R ....... 176
, —Proposals are invited up to March 29 for $181,000 city of
Dover, N. H., four percept bonds. Particulars as to the issue
w ill be found in the advertisement in our State and City De
B on d s.
partment.
$6,000 Cin. Rich. & Ft. Wayne
£
Messrs. E. H. Rollins & Sons, Concord, N. H ., are prom
inent dealers in municipal bonds.' Their card will be found
in our State and City Department.
Cincinnati Jackson & Mackinaw.—A t Lansing, Mich., on
March 9, articles of association consolidating the Michigan &
Mackinaw Railway Company, of Michigan, and the Cincin
nati & Michigan Railway Company, of Ohio, into a single
corporation, to be known as the Cincinnati Jackson & Mack
inaw Railway Company, were filed at the Secretary of State’s
office.. The new company is capitalized at $16,800,000, and
paid Secretary of State Blacker a purchase fee of $8,150, the
largest ever received by the State.
IstM . guar. 7s, 1921..........125V
$1,000 Bellaire St. Ry Co. 1st
M. 6s, 1908. July, 1889.
coupon on..... ...................... 26V
Storage cert, for 35 tons of
Reading pig iron on storage
at Perth Amboy, N. J.$12 per ton.
Storage cert, for 4 tons of pig
iron on storage with the
Empire Whse. Co., Lim., of
Brooklyn, N. Y ........$10 per ton.
$10,000 Seattle Coal & Iron
Co. 5s, 1917, J&D..........50 & int.
1$30,000 Federal Val. Coal Co.
I 1st M. 6s, 1908, Oct., 1889,
I coupons on.......................... 25
$a tx M îig anti ^ fin a n c ia l.
Spencer Trask
&
Co.,
BAN KERS.
N os. 16 a n d 18 B ro a d Street, N ew Y o r k City.
2 0 Congress Street, B o sto n .
A L B A N Y N. Y.
PROVIDENCE, R . 1.
Direct Private W ire to Bach Office.
A ll olasaas o f Securities Bought and Sold on Commission. Special attention
given to INVESTMENT SECURITIES.
L IB ER T Y NATIONAL BANK,
Ittissoun Kansas & Eastern—Missouri Kansas & Texas.—
C e n tra l B u ild in g , 1 4 3 L ib e r ty S tr e e t. N ew Y o r k .
W ork is to be pushed on the newly-projected line incorpo C A P I T A L ,
$ 5 0 0 ,0 0 0
rated as the Missouri Kansas & Eastern and which is intended
ACCOUNTS OP BANKS, BAN KERS AN D M ERCHANTS SOLICITED.
H E N R Y GRAVES, Vice-President.
to give the Missouri Kansas & Texas a line to St. Louis. II H EN RY C. TIN K E R President.
JAM ES CHRISTIE, Cashier.
is intended to complete it and run freight and passenger trains
D IR E C T O R S .
of the Missouri Kansas & Texas into St, Louis by January 1, H E N R Y C. TIN KER,
B. F. C. YOUNG,
H . C. FAHNESTOCK.
1893. The line will be completed from Boonville on the M. K. H E N R Y GRAVES,
W M . RUNKLB,
HON. G. A . HOBART*
F. BAK ER ,
DUMONT CLARKE,
J. A . G A R L A N D '
& T. to the Burlington bridge across the Missouri River, GEO.
’ R. M A X W E L L .
JNO. H . STARIN,
between S’ . Charles and St. Louis. It is understood that the
Missouri Kansas & Texas will use the Burlington bridge and
TH E M ERCA N TILE NATIONAL BANK
the Burlington tracks in North St. Louis for its inlet to that
OF T H E C IT Y OF N E W Y O R K ,
‘ city, and that it will also use the Burlington’s terminals under
N o. 1 9 1 B road w ay.
a joint arrangement.
$ 1 ,0 0 0 ,0 0 0 |S u r p lu s * P r o fit s , $ 1 ,0 3 0 ,0 0 0
The St. Louis Globe-Democrat reports : “ The line will run C apital,
£ o m Franklin, near Boonville, east, through Howard, Boone, W IL L IA M P. ST. JOHN, President. |FR ED ERICK B. SCHENCK, Cashier.
JAM BS V. LOTT, Assistant Cashier.
Callaway, Montgomery, Warren, St. Charles and St. Louis
counties, a distance of 180 miles. The line will enter St.
ACC O U N TS S O L IC IT E D .
Louis at th© north ©nd on th© river front, and it will run
through a portion of Central Missouri not yet traversed by any
THIRD NATIONAL BANK
railroad. From St. Charles to Hamburg, sixteen miles, the
OF T H E C IT Y OF N E W Y O R K .
line of the Cleveland St. Louis & Kansas City, now in opera$ 1 ,0 0 0 ,0 0 0
iiOIl,,kas be©11 acquired ; likewise the graded portion of that Capital,
J. B. W O O D W A R D ................................ President.
line from St. Charles east twenty miles and from Hamburg
•"West thirty-six miles. The new line will cross the Missouri HHNRY CHAPIN, J r .............. Cashier I J. F R E D ’ K S W E A S Y .... Asst.Cashier .
River twice, and will run along its banks for some distance.” g^arantewl BOlic*t0<* and oar®f*ll attention to the interests o f Depositors
THE
434
The following were the rates of domestic exchange on New
York at the undermentioned cities to-day: Savannah, buying,
par ; selling % premium; Charleston, buying par, selling %
premium; New Orleans, commercial, 50c. premium; bank,
$1 50 per $1,000 premium: St. Louis, 25c. per $1,000 discount;
Chicago, 60c. per $1,000 discount.
xwxktxtf
D IVID EN D S.
N a m e o f C om p a n y.
R a ilro a d s.
Boston & Albany (guar.).............
Chicago Mil. & St. Paul pref.......
Cleve. Cin. C. & St. L. pref. (guar.)
Lehigh Valley (guar.)..................
Manhattan (guar.)........................
New London North, (guar.)..........
N. Y. & Harlem pref. & com. <guar. )
Phila. Germantown* Norristown.
Providence & Worcester (guar.).
Sunbury & Lewistown................
M iscellan eou s.
Am. Bell Telephone (guar.)........
Commercial Cable (guar.)............
Distil’g & Cattle Feeding (guar.)
Philadelphia C o ..........................
Western Union Tel. (guar.)........
P er
Cent.
2
3»«
1*4
1*4
l*a
2
3
21«
4
3
1%
1
1
II4
W hen
P a ya b le.
tVoL L1V,
C H R O N IC L E .
B o o k s Closed.
(D a y s in clu siv e.)
March31 Mar. 14
April 19 Mar. 27
April 1 Mar. 20
April 16
April 1 Mar. 17
April 2
April 1 Mar. 16
March 15
March 31 Mar. 10
April 1
to
to
to
to
to
to
to
to
to
to
April 15 Apr. 1
April 1 Mar. 11
March 30 Mar. 18
April 1 Mar. 21
April 15'Mar. 19
to
to
to
to
to
United States Bonds.—Quotations are as follows :
In terest M a r. M a r. M a r. M ar. M a r. M a r.
Mar. 31
P er io d s
5.
7.
11.
8.
9.
10.
Apr. 19
Apr. 1
---------- 2 a ,...................... reg. Q.-Mch. *100 *100 *100 *100 *100 *100
Apr. 1 4s, 1907.............. reg. Q.-Jan. *116 *116 *116 *116 *116 *116
---------- 4s, 1907............coup. Q.-Jan. *117 *117 *117 *117 *117 *117
Apr. 1 6s, cur’cy,’ 9 5 ....reg . J. & J. *109 *109 *109 *109 *109 *109
---------- 6s, cur’cy,’96— reg. J. & J. *111 *111 *111 *111 *111 *111
Mar. 31 6s, our’cy,’ 97___reg. J. & J. *113 *113*« *113*2 *113*2 *113 *113
----------- 6s, cur’ey,'98___reg. J. * J. *116*« *116*2 *116*2 *116% *116 *116
6s, our’cy,’ 99___reg. J. & J. *119 *119 *119 *119*4 ¡*119 *119
Apr. 14
•This is the price bid at the morning board; no sa le was made.
Apr. 1
Mar. 29
Government Purchases o f Silver.—The following shows
Apr. 1
Apr. 1 the amount of silver purchased by the Government in March.
W A L L STREET, FRID AY , MARCH 11, 1 8 9 2 -5 P. M.
O unces
offered .
O unces
P n c e p a id .
The Monev Market and Financial Situation.—There is a
863.000 $0-9090 @ $0-9137
Previously reported............ 1,571,000
better feeling this week in regard to financial matters. The
499.000 $0-9075 @ $0*9109
999.000
349,OOOl$0-9074 @ $0 9080
783.000
“
9
................................
prospect of diminishing gold exports and increasing merchan
476,000l$0.9060 @ $0-9070
“ 1 1 ................................
714.000
52,278 $ I....... @ $ ........
dise exports is regarded favorably, and the silver agitation in
Congress has less influence from the fact that it is not be
•9137
•Total in month to date.. 4.067,000
lieved that any radical laws can be passed at this session over
* The looal purchases oi each week are not reported till Monday of
the President’s veto.
the following week.
Wheat exports are on the increase, as the price is low com
Goins.—The following are the current quotations in gold for
pared with what it was expected to be at this season, and
supplies are coming to market freely at the West. Cotton various coins:
is surely low enough to invite any amount of buying by for Sovereigns...........$4 86 @$4 90 Fine silver ba rs.. 90*« @ — 91*4
90 @ — 95
3 86 @ 3 90 Five f ia n o s .......
eign consumers, and except for the unfortunate position of Napoleons...........
70*a?9 — 71*«
X XReichm arks. 4 74 @ 4 80 Mexican dollars..
English spinners, who are hampered in selling goods to the 25 Pesetas........... 4 75 @ 4 85
Do uncommero’ l -------@
Peruvian
s
o
ls
.....
—
68 @ — 70
East by the low price of silver, there would probably be an Span. Doubloons.15 56 @15 70
silv e r.... 4 80 @ 4 90
immense demand for our great staple that would relieve the Mex. Doubloons.15 56 @15 70 iEnglish
U.S. trade dollars — 70 @
South and help us all around. W ith free coinage gold would Fine gold b a r s ... par @ 14 prexu,
go to a premium and silver would in all probability be depre
State and R ailroad Bonds.—The sales of State securities
ciated below its present value. For some weeks past the Lon have included $10,000 N. C. 6s, 1919, at 125; $3,000 N. C. consol.
don correspondent of the C h b o n ic l e has called attention to
the fact that Lancashire cotton manufacturers were large 4s at 97%; $11,000 S. C. 6s, non-fundable, at 2%; $18,000
Tenn. Settl. 3s at 70® 70%; $2,000 Settl. 6s at 107.
sellers of American securities.
The outlook for the final establishment of the Reading leases
Railroad bonds have had a moderate business, well distrib
seems to have improved this week. The Governor of Penn uted throughout the list. As a rule bonds have been a trifle
sylvania is flooded with petitions from miners that the
deal may be sustained, so that the price of coal may be kept stronger and. purchasers seem to have a little more confidence.
steady, and the interests of Pennsylvania generally seem to be The consolidation of companies usually fortifies the old bonds
on the side of having the contracts stand. If there are any and places a large amount of stock, and often of consolidated
parties interested in having the contracts broken they are the bonds, underneath them. Within a few weeks (aside from the
outside consumers in New York, New England, the Middle railroad deals) consolidations have been pending, and are
States, Canada and the West, who would be glad to get a very either effected or well in progress between holders of Chicago
low price for anthracite coal', and Reading would not Gas and Economic Gas, between Edison General Electric and
then be able to earn interest on its income bonds, which repre Thomson-Houston, between Tennessee Coal & Iron and the
sent capital invested many years ago. In New Jersey the Schloss and Bardeleben companies, and between Colorado
whole matter may be settled by a law confirming the leases Coal & Iron and Colorado Fuel. The Reading affairs are also
as made which has just passed both houses of the Legislature looking better, and the bonds to-day have improved mate
and is in the hands of the Governor.
rially in price and their tone is strong. The Richmond Ter
The open market rates for call loans during the week on minal bonds have been steady, waiting for further develop
stock and bond collaterals have ranged from 1% to 2 per cent, ments and for the syndicate plan to be completed, but just at
the average being a little less than 2 p. c. To-day rates on call the close to-day jumped up sharply to 65 for the 5s and 95-96
were 1% to 2 p. c. Commercial paper quoted at4@5per cent. for the 6s. The M. K. & T. seconds, Texas & Pacific seconds
The Bank of England weekly statement on Thursday showed and Northern Pacific consols have met with a fair business,
an increase in bullion of £318,000, and the percentage of reserve generally at higher prices than last quoted.
to liabilities was 44-50, against 42*69 last week; the discount
Railroad and Miscellaneous Stocks.—The stock market
rate remains unchanged at 3 per cent. The Bank of France
shows a decrease of 250,000 francs in gold and 1,400,000 francs has narrowed down, as might have been expected after such
in silver.
skirmishing as that of last week. But as the kite-flying has
The New York Clearing-House banks in their statement of
March 5 showed a decrease in the reserve held of $5,267,500 ceased for a while the general tone is much steadier and there
and a surplus over the required reserve of $21,292,225, .against will be more confidence in buying things on their merits.
n
rlA nlni'iricr il H IVI —
rru rt nol-iA n
fVua ft!. P o n l rlip p p in rs
$26,969,700 the previous week.
dend on the common stock at this time was conservative, and
D iffer e n 'sfr om
1891.
1890.
1892.
M arch 7.
M a rch S. « with the good reasons they gave for waiting till the close of the
P rev . w eek.
M a rch 5.
fiscal year (June 30) it is calculated to increase confidence in
$
$
$
$
60,572,700 60,862,700 the management. The Reading prospect has decidedly im
Capital................. 59,372,700
62,977.200 57.620.900 proved, and it looks very much as if the late agreements would
Surplus................ 66,007,900
Loans and disc’ts 488,675,300 Inc .7,795,300 404,823,700 406,230,100 not be overthrown in Pennsylvania and would be confirmed
3,472,700
5,598,000 In c. 132,400
3,523,500
Circulation.........
Net deposits........ 533,578,700 In c. 1,639,900 412.473.300 410,806,200 in New Jersey, perhaps for the very good reason that both
S pecie.................. 104,479,800 Deo.3,334,500 78,567,800 77.365.900 those States are interested in having these large corporations
Legal tenders___ 50,207,100 D eo.l,933,000 35,431,500 25,547,000 do a thriving business and launch out in every direction,
Reserve h e ld .... 154,686,900 Deo.5,267,500 113.999.300 102,912,900 thereby increasing the value of property within their borders.
Legal reserve— 133,394,675 In c. 409,975 103,118,325 102,701,550 To-day Reading was the chief feature of the market and rose
211,350 on large dealings to 58%, closing at the top. The other coal
Surplus reserve. 21,292,225|üec 5,677,475 10,880,975
stocks also followed, at rising prices. New England is quiet
Foreign Exchange.—The market has been dull and steady since the late election, and steady at about ten points below
the past few days, and the supply of bills is nearer the de the highest figure reached on the Dr. Seward Webb story
mand. Less is heard of the selling of securities for foreign which was 59 on the morning of March 3d. Lake Shore has also
account. Actual rates for exchange are: Bankers’ sixty days settled back to 135% after selling up to 140% on Saturday, and
sterling, 4 85%@4 85% ; demand, 4 87%@4 87% ; cables, there has been no fact to show that there was anything extra
4 88@4 88%. Posted rates of leading bankers are as follows: ordinary to warrant such a sharp advance. Buffalo Rochester
& Pittsburg common and preferred have been among the
S ixty D a ys.
D em a n d .
M a rch IT.
active specialties at stronger prices, possibly on the large
earnings since Jan. 1. Tennessee Coal has been active and
4 86*«
4 88*3
Prime bankers’ sterling bills on London..
4 84*2 <®4 84%
higher on the prospect of consolidation, but at the close to-day
4 84*4 @4 84*«
5 18%@5 18*e 5 16*8®5 16% this was reported less imminent.
Among the unlisted, Sugar has been much more active, sell
40*8 @40:*i6 40a16@ 40*s
953s@ 95*« ing to-day at 93% and closing at 92%.
Frankfort or Bremen (reichmarks)b’nkers 95*6@95*4
THE
M a b c h 12,1892.1
435
C H R O N IC L E .
NEW YORK STOCK EXCHANGE —ACTIVE STOOK3 tor week ending MAROS 1 1 , and since JAN. 1, 1 8 8 2 ,
HIGHEST AND LOWEST PRICES
STOCKS.
Saturday,
March 5.
Monday,
March 7.
Tuesday,
March 8.
Wednesday, Thursday,
March 10.
March 9.
Friday,
March I I .
Sales
of the
Week,
Shares.
Range of sales in 1892.
Lowest.
Highest.
A c t iv e K B , S t o c k s .
37% Feb. 5 46% Jan. 4
38% 39% 38% 39% 34,
Atchison Top. & Santa F e ...
38% 3914 38% 39% 38% 39% 38% 39%
*4% 4%
4% Feb. 19
5% Jan. 2
500
4%
*4% 4% *4%
4%
*4% 4%
4% 4%
Atlantic & Pacific................
96%
98%
95% Mar. 9 98% Mar. 11
2.1
95%
96%
95%
95%
96%
96%
*96% 97%
*9634 97
Baltimore & Ohio..................
88% Jan. 27 94% Jan. 12
89% 89% * 8 8 % 89%
90
1.1
89% 89% 89% 89% *89
90
Canadian Pacific................ .. *89
58% Jan. 19 64% Mar. 5
62% 64% 62% 63% 61% 62% 62% 62% 61% 62% 61% 62% 26,!
Canada Southern..................
111% Jan. 19 145 Feb. 29
139 143% 12 ,!
139 139% 138% 139
137% 139% 137 138
Central of New Jersey.......... 139 141
*30%
31%
2,<
30% Mar. 8 35 Jan. 4
31
30%
30%
31
*30% 31%
31
31
Central Pacific.......................
24% Feb. 9 28 Jan. 14
26
26% 25% 26% 25% 25% 25% 25% 25% 25% 25% 25% 7,'
•Chesapeake & O., vot. tr. cert
61%
61%
59 Jan. 9 64% Jan. 10
*60
62
59%
60
59%
61
61
62
62
61
Do
do
1st p re f...
43
43
38%
Jan. 9 43% Feb. IT
42%
43
42%
42%
42%
43
43
43
43%
43%
Do
do
2d p r e f....
139 Feb. 4 146% Mar. 7
146% 146% 146 146 *143 146 *143 148 '143 150
Chicago & A lto n .................... 145 145
106%
107
103%
Feb. 24 110% Jan. 28
106%
107%
37,
105%
106%
105%
106%
106
105%
107%
106%
Chicago Burlington & Quincy
63% Mar. 7 70 Jan. 2
64% 64% *63%
*63
65
65 t 63% 64%
Chicago & Eastern Illinois...
20 104 Feb. 11
*
102
101
98
Jan.
101
101
101
102
1
0
2
100
100
Do
pref
"77“ 78 242,
76% Feb. 11 83% Jan. 7
79% 81% "79“ 80% 76% 78% 77% 78% 77% 78% 127%
Chicago Milwaukee & St.Pau
19 128% Mar. 5
127%
4,
120%
Jan.
*127%
128%
128
127%
128
128%
128%
128
128
128%
Do
pref
114% Jan. 19 121% Mar. 5
Chicago & Northwestern___ 119 121% 119% 1 2 1 % 119 120% 119% 120% 120 120% 119% 120% 88,1
12
141%
Jan.
145% Jan. 28
144
144
144%
144%
144%145
Do
pref
89% 22
87% Feb. 25 94% Jan. 7
89% 89
88% 89% 89
90% 88% 89
89% 90% 89
Chicago Rock Island <fePacific
19
48%
44
Jan.
50% Jan. 29
48%
48
48%
47%
16,'
48%
48
48%
50
49
50% 48%
Chicago St. Paul Minn. & Om
108% Jan. 20 117% Mar. 5
117% 117% *117 118% '116 119
Do
pref 116 117% 116 117% 118 118
71%
25
75
Jan. 7
71%
71%
71%
22
,100
69%
Feb.
70%
71
72
71%
72%
72% 73% 71
Cleve. Cincin. Chic. & St. L ..
98% 98%
99
500 95 Jan. i 5 99 Mar. 7
99
98
98% 99
99
98
99
Do
pref *98 100
31%
19
33%
Feb. 18
*30%
30%
30%
,950
29%
Jan.
2
30%
31%
31%
31
31% 31% 31% 31%
Columbus HockingVal. & Tol
137%138
138% 139% 138 138% 139 141% 14 ,096 122% JaD. 8 145% Mar. 1
137% 140% 137 140
Delaware & Hudson.........
161
163
29
19
167%
Feb.
,915
159%
160%
4i;
138%
Jan.
Delaware Lackawanna &Wes 159% 163% 157 160% 157% 158% 158 161
2:,100 16% Feb. 4 19% Jan. 2
18% 18% 18% 18% 18% 18% 18% 18% 18% 18%
18% 19
Denver & Rio G rande..........
9
53%
53%
8
54
Mar.
,920
45
Jan.
53%
53%
1
9
;
54
52% 53% 52% 53% 52% 53% 53
Do
pref
6%
6% Mar. 5 9% Jan. 7
6%
645
7
6%
*6%
6% *6%
7
6% 6 %
6%
6%
East Tennessee Va. & Ga___
5
*40
11
50
51%
Jan.
45
Mar.
*40
200
50
*40
*40
50
50
*40
50
45
45
Do
1st pref
17% 17%
,310 14% Jan. 2 20 Feb. 29
18
*16% 18
*17
19% 18
16
17
17
17
Do
2d pref
,900 x ll9 % Jan.15 129% Mar. 10
125% 126
126 126% 127 127% 127% 129% 129 129
Evansville & Terre H aute... 125 125
129% 129% 129 129%
570 119 Jan. 22 130 Mar. 2
129 130 *129 130 *128 130
Great Northern, pref........... . 129 131
,709 105 Mar. 1 110 Jan. 5
106% 106% 106% 106% 106% 106%
105% 106
106% 107% 106% 107
Illinois Central..................
*
12
%
12
%
700 12% Jan. 18 15% Jan. 4
12%
12%
*12%
12%
12%
12%
*
12
%
13%
13
13
Iow a Central.....................
50
51
853 46 Jan. 2 56% Feb. 13
*51
53
52
52
52
52% 51% 51% 52
Do
pref *51
26
26%
20% Jan. 19 27 Feb. 25
,915
26%
26%
25
26
26%
26
25
25%
25% 26
Lake Erie & W estern............
76
,915 69% Jan. 5 78% Feb. 19
76% 76% 75% 76% 76
75% 76
76
76% 76% 76
Do
pref
134%
136%
,870
134
120
Jan. 19 140% Mar. 8
135%
135
134%136%
136%
■Lake Shore & Mich. Southern 135% 140% 135% 139
102 102
670 95 Jan. 18 103 Mar. 7
102 102 *102 103% *102 104
103 103
102 105
Long Island...........................
75%
75%
72%
Feb. 3 84% Jan. 2
,612
74%
75
75%
74
74%
74%
75%
74
74
75
Louisville <fe Nashville..........
25% 25%
,635 24% Mar. 9 31 Jan. 7
25
26
25% 25% 24% 25% 24% 25
26
26
Louisv. New Alb. & Chicago.
115
115
104
Jan. 2 119 Jan. 28
114%
114%
,995
Manhattan Elevated, consol. 114% 114% 113% 114% 114 114% 115 115% 113
113 113
,005 104 Jan. 20 116 Mar. 7
113
114 114%
112%113
1 12
116
Michigan Central................... 112 117
*94
92%
Jan. 6 94 Feb. 1.
*94
*94
*94
Milwaukee Lake 8h. & West. * 9 4 % ........ *94
'130
128% Feb. 24 135 Jan. 28
*130
*130
*130
Do
pref '1 3 0 % ........ 130
*9%
25 10% Jan. 7
10
8
Feb.
9%
,670
9%
9
9% 9%
9%
*8%
9%
*8% 9%
Minneapolis & St. Louis.......
21
21
*20
22
2 0 0 18 Mar. 5 24 Jan. 7
22
19% 19% *20
*19
20
18
18
Do
pref
25
20% Jan. 1 8
*17%
18%
600 16% Feb.
*17% 18% 18
18% *17% 18%
17% 17% 17% 18
Missouri Kansas & Texas . . .
30
,795 28% Feb. 26 33% Jan. 1 8
30% 30% 30% 29% 30% 30% 30% 30
29% 29% 30
Do
pref
61%
62
,905 59 Jan. 19 65% Jan. 4
61% 61% 61% *61% 61%
60% 63% 61% 62% 61
Missouri Pacific.....................
39% 39%
,411 34% Jan. 27 42% Jan. 2
*39% 40
39% 40
39
40
39
39
40
40
Mobile & Ohio.........................
88%
*85
168 86 Feb. 2 90 Jan. 14
88% *86
*85
89
87
87
87
88
87
Nashv.Chattanooga&St.Loui *85
116%
117%
117
117%
908 112% Jan. 19 119% Mar. 5116%
117
116
117
New York Central & Hudson 117% 119% 117% 118%
,280 18% Feb. 25 22% Jan. 5
19% 19% 19% 20% *19% 20% 20% 2 0 %
20 % 20%
20% 21%
New York Chic. & St. Louis .
*77
80%
80
282 75 Feb. 5 81% Jan. 4
*77
79
80% 78% 78% *77
78
79% 79
Do
1st pref
0 2 0 39% Jan. 19 45 Jan. 4
*41% 42% *41% 42% *42% 42%
42
43% 42
42% 43% 43
Do
2d pref
33%
33%
33%
33%
345 29% Jan. 19 34% Jan. 2
32%
33%
33% 32% 33% 32% 32%
New York Lake Erie & West’n 33
,680 70% Jan. 19 77% Mar. 5
76% 77% 76% 76%
76% 77
76
76
76% 77% 76% 77
Do
pref
48%
49%
48%
49% ,207 842 42% Jan. 2 59 Mar. 3
50% 46% 48% 46% 49%
50
52% 49
New York & New England..
227 227
195 224 Jan. 15 228 Mar. 2
227 227 *225 230
227 227
*226 229
New York New Hav. & Hart
20%
20%
,491 18% Feb. 5 23% Feb. 1 1
20% 20% 20% 20% 20%
20% 20
New York Ontario & Western 20 % 21 % 20
13%
13%
10% Jan. 4 14% Feb 15
,380
13%
13%
13%
13%
13%
13%
%
13%
12
*
12
%
13
New York Susquehan. & West
58
,240 41% Jan. 2 59% Feb. 16
56% 57% 57% 58% 58% 58% 58
55% 55% 55% 58
Do
pref
*14
15
14% Feb. 25 18 Jan. 4
2
0
0
*14
15
14%
*14
14%
15
14
15
*14
15
Norfolk & Western................
*49% 51
500 49 Feb. 1 56 Jan. 4
*49% 51
*50
51
*50
51
50
50
50
50
Do
pref
23%
23%
23
Jan. 25 26% Jan. 2
,285
23%
23%
23%
23%
23%
23%
24
23%
23%
23%
Northern Paciflo....................
* 66 %
67
,511 65% Jan. 19 72% Jan. 2
68% 67% 68
67% 6 8 % 67% 6 8 % 67% 68% 68
Do
pref
*
21
%
22%
21
Feb. 11 24 Jan. 5
*21
23
Ohio & Mississippi................
28
,050 19 Jan. 12 28 Mar. 11
22% 23%
23
24% 24% 24% 24% 25% 25% 26% 26
Ohio Southern.......................
20 91% Jan. 28
85
Jan.
90
*87
53
*87
90
*87
90
*87
90
90
90
90
Oregon R’y & Navigation Co *89
610 28 Feb. 10 33% Jan. 4
"28% 29% *28% 29%
29
28
28% 29
*28
30
28
Oregon Sh. Lino & Utah North 28
23 22% Jan. 4
2
0
%
19%
Feb.
2
0
%
20%
2
,190
20%
20%
19%
19% 19% 19% 19% *19% 20
Peoria Decatur & Evansville
59 642 ,030 38 Jan. 19 65 Feb. 11
55% 58% 53% 56% 52% 53% 53% 55% 54% 55% 55
Phila. &Read., vot. trust, cert
25 30% Jan. 5
*25
25%
Feb.
27
*25
1
0
0
27
*25
26%
*25
27
26% 26% *26
27
Pittsburg Cinn. Chic. & St. L
*62
64
64 Feb. 29 67% Jan. 5
64
65% *62
65% *63
65% *63
65% *63
Do
pref *63
4 43 Jan. 7
41%
39%
Jan.
41%
849
40% 40% 40% 40% 39% 39%
*40
42
40
40
Pitts. & W est, pref. tr. certs
14%
',564 12 Mar. 5 17% Feb. 12
13% 13
13% 13% 13% 13
12
12% 13% 13
13
Richmond&WestP’ tTermina
4 79 Feb. 16
67%
60
Jan.
69
6B
1,827
66%
62
64
67% 66% 68% 65% 67
63
Do
pref
38% 39
800 37 Mar. 2 41 Jan. 5
3 7 % 39%
37
37
Rio Grande Western.............
26
74 Mar. 11
73
68
Feb.
74
1.513
70% 70% 71% 73%
70
70
70
70
Do
pref
517 110 Jan. 19 112% Jan. 4
110% 111 *110 111 *110 110% 110 % 1 1 0 %
Rome Watertown &Ogdensb 1 1 0 % 1 1 0 % '110 1 1 1
12
11% Jan. 2
8%
Feb.
*8%
9%
300
9
9
9
*8%
*8%
9
9
*8% 9
*8%
Bt. Louis Southwestern.......
18% 18%
17 Mar. 1 22% Jan. 2
*17% 18
*17
18
*17% 18
17% 17% *17
18
Do
pref
2
*42%
43
Mar.
48%
Jan. 7
43%
44
*42% 43% *43
44
Bt. Paul & Duluth..................
44% 44% 44% 44% 44
103 Jan. 19 106% Feb. 1
103 104% '104 105
Do
pref 104% 104% '104 105 *103 105 *103 105
25
116%
Jan. 4
l i 2 Feb.
113% 113%
Bt. Paul Minn. & Manitoba.. 113 113% '113 115 *113 115 *113 115
39%
2,375 38% Feb. 3 41% Jan. 6
39% 39% 39% 39% 39% 39
39% 39% 39% 39% 39
Southern Pacific Co...............
9% Feb. 10 14% Jan. 4
11% 11%
4,535
10% 11
10
10% 10% 10
10
10
10
10 %
Texas & Pacific.....................
25%
2,220 23% Jan. 19 27% Feb. 8
24% 25% *25
25% *25
25
25
25
25
25% 25
Toledo Ann Arbor & N. Mich
46 Jan. 28 52% Feb. 13
*50% 53
*50% 53
*50% 53
*50% 53
*50% 53
*50% 53
Toledo & Ohio Central..........
83 Jan. 12 88 Feb. 11
*84
86
84
84
86
*84
*84
86
*84
86
86
Do
pref *84
44% Feb. 11 50% Jan. 4
46% 46% 47% 46% 47% 46% 47% 23,1
46% 47% 46% 46% 46
Union P acific. . .
............
19% Feb. 10 25 Jan. 4
21
22
I
7,
22%
21% 21%'
2 0 % 20 % *19% 20% 20%
Union Paciflo Denver & Gulf *2 0 % 21
13%l
05 12% Jan. 19 15% Jan. 4
13% 13% *13
13
Wabash........ ..........................
*13% 13% * 1 2 % 135a 12% 12% 13
28%
Feb. 11 33% Jan. 4
,340
29%
29%
29% 29% 29% 29% 29% 29%
29% 30% 29% 30
Dc
pref
i,425 33% Mar. 8 40% Jan. 5
33% 34% 33% 34% 33% 34%
35% 36% 35
Wheeling & Lake Erie..........
357é 33% 35
75
Mar. 10 80% Jan. 4
1,070
75%
75%
75%
75% 75% 75
76% 76% 76
767f 75% 76
Do
pref
18 Jan. 19 21% Jan. 4
18%
*18
18% 17% 17% *18
19
Wisconsin Central Co............ *18
*18
19
18% *18
m is c e lla n e o u s S t o c k s .
35% 36
35% 36 I 1,,795 32% Jan. 19( 37% Jan. 4
35% 35% *35% 36
American Cotton Oil Co.......
35% 36% 35%
1 ,827 63% Jan. 19 78% Mar. 3
69% 69% 70% 70% 70% 70% 69% 69%
69% 70% 69%
Do
pref
93% Mar. 11
93% 77 ,070 78% Jan.
87%
88%
86%
87%
89%
85%
86%
Am. Sugar R e f.C o .................
8 6 % 86% 85%
97% Mar. 11
94% 94% 97% 4 ,915 90 Jan.
_
Do
pref
93% 93% 94% 94% 94% 94% 94% 94% 94
81% Feb. 12
71%
Jan.
76
I
9
,990
75%
75%
76
74%
75%
Chicago Gas Co., trust rec’ts
76% 77% 77
77% ||74% 77
39% Jan. 11
36
36
37% 37% 37% 7,,620 35% Mar.
Colorado Coal & Iron..........
36
36% *35% 36% 35% 35% 36
114%
Feb. 6
102
Jan.
753
112
%
112%
*112%
113
112%
112%
Consolidated Gas C o ...........
1 1 2 % 1 1 2 % 113% 117%
112
112
67% Jan. 7
Distilling & Cattle Feed’g Co
46
46% 45% 45% 45% 45% 44% 46% 45% 46% 45% 48%' 30.,530 44% Mar.
104
Feb
0
88%
Jan.
,428
97%
96%
96%
97
97
97
Edison General Electric.......
97
98
97% 97
99% 97
,959 92% Feb.
99% Jan. 7
95% 94% 95% 94% 95%
National Cordage C o ............
95% 91% 94% 92% 93% 93
95
,225
100
Jan.
114%
Feb.
3
106%
106%
105%
106%
Do
pref 107% 107% 105 105% 105 105% 105 106%
39 J an. 4
,007 31 Jan.
National Lead Co.............
32% 31% 31% 31% 31% 31% 32%
32% 32% 32% 32% 32
86% Feb. 11
,796 81% Mar.
82
81% 81% 81% 81% 82
83% 82
Do
pref *82
82% 81% 82
,884 15% Jan.
18% Jan. 4
15% 16% 16% 16%
North American Co...............
15% 16% 16
16% 15% 16% 15% 16
26%
Jan.
29%
Jan. 4
30
"25
*25
29
28
*25
29
Oregon Improvement C o . . . .
*25
27
*25
*25
29
185 35% Jan.
40% Jan. 4
36% 37% *36% 37%
36% 36% 37
Pacific M a il..........................
36% 37% 36% 37% 36
0 0 0 57% Mar.
64% Jan. 12
59% 59% 59% 59%
59% 60
Pipe Line Certificates § .......
59% 59% 59% 59% 59% 60
676 184 Jan.
190 Feb. 1
188% 188% 189 189
Pullman Palace Car Co.......
189 189 *188 189
189 189 *188 189
95% Jan. 4
91% 90% 90% *90% 90% 195 0 0 0 89% Feb.
Silver Bullion Certificates..
90% 90% 90% 90% 91
91% 91
50% Mar. IQ
49% 66 515 40% Jan.
50% 48
46% 47
43% 44% 46
Tennessee Coal & I r o n .......
47% 44% 46% 46
400 92 Feb.
101 Mar. 10
*97 1 01
*94 100
97% 101
*94 100
94 100
Do
pref *94 100
22
795
82
Jan.
87%
87%
87%
88%
88%
88%
89% Feb. 1 »
87%
87%
Western Union Telegraph. . .
88%
88%
87%
88%
* These are the prices bid and asked; no sale made § Prices from both Exchanges, x Ex dividend. |) Lowest is ex div. and rights.
,
,
486
THE
C H R O N IC L E ,
[V ol. U V
NEW YORK STOCK EXCHANGE PRICES (Continued)— INACTIVE STOCKS.
M a rch 11.
I nactive Stocks
11 Indicates unlisted.
Bid.
R a n g e (sales) i n 1891.
Ask.
R a llr o a * - S t o c k s .
TOO 35
Albany & Susquehanna.......... .100 158 165 160 Feb.
.100 93
97
Belleville & South. 111. p r e f... .100 Î130
125 Jan.
Boston&N. Y. Air Line p r e f... .100 102
101% Feb.
Brooklyn E levated!................ .100 30
33
31 Jan.
Buffalo Rochester & Pitts___ .100 '{4=03g 41% 39% Jan.
Preferred............................... .100 Î81% 82% 78% Feb.
Burl. Cedar Rapids & Nor___ .100 50
36 Jan.
100 13
.100
Cleveland & Pittsburg............ 50 150
150 Jan.
100
6%
7*2 7 Feb.
Des Moines & Fort Dodge___ .100
Preferred.......................... .. .100 13
18
19% Jan.
6
7
Duluth S. hore & Atlan.H___ .100
6% Feb.
Preferred!!................ ......... ... .100 14
15
14 Feb.
25 Jan.
Flint & Pere Marquette.......... 100 [ 26
Preferred............................... .100 1 80
80 Mar.
6%
Georgia Pacific's...................... .100
8
7 Jan.
Green Bay Win. & St. Pau l... .100 I 1008 10%
9% Feb.
Houston & Texas Central....... .100 Î 4%
8% Mar.
Illinois Central leased lines... .100 92
91 Feb.
Kanawha & Michigan............. .100 10
13
12 Jan.
4
Keokuk & Des M oin es....___ 100
6
Preferred............................... 100
7
14
Louisv. Evans. & St. Lo., cons 100
20% Feb.
Preferred..................... '........ 100
Louisv. St. Louis & Texas...... .100 21% 22% 14% Jan.
Mahoning C o a l...................... 50 85 100
77% Feb.
Preferred............................ .
108 112 100 Feb.
Memphis & Charleston............ ?5
Mexican National.................... 100
Morris & Essex......................... 50 {146
143% Jan.
N. Y. Lack. & Western........... .100
108% Jan.
N. Y. & Northern pref............. .100 17
16% Feb.
18
Peoria & Eastern..................... 100 12
12% Mar.
18
Pitts. Ft. Wayne & Chicago... .ion 154%
152% Feb.
Pittsburg & Western............... 50
M a rch 11.
I n a c t iv e St o c k s
ITIndicates unlisted.
H igh est.
L ow est.
(\ Indicates actual sales.)
R ange (sa les i in 1892
Bid. Ask.
L ow est.
Rensselaer & Saratoga.............100 170 173
St. Joseph & Grand Island.
35
165 Feb. St. Louis Alton & T. H _______100| 32
Do
pref........... 100
i.30 Jan. St. L. & San Fran. 1st p r e f.....100
102 Jan. South Carolina........ ..................100 :
32 Jan. - Toledo Peoria & Western!!......100
43% Jan. Toledo St. Louis & K. City!!
82% Mar. Virginia Midland......................100
SO Feb.
m is c e lla n e o u s M o c k s .
Adams Express..........■............... 100
7% Jan. American Bank Note Coll,
155% Mar. American Express.
Am. Telegraph & Cable..........
8% Jan. American Tobacco Co., pref .
20 Jan. Brunswick Company...............100 | 10
7% Jan. Chic June. Ry. & Stock Yards
16% Jan.
Preferred..............................
28 Feb. Citizens’ Gas of Brooklyn........100 101% 102
85% Jan. Columbus & Hocking Coal,
7 Jan. Commercial Cable.
12% Jam Consol. Coal of Maryland.
4% Mar. Laclede Gas
96 Jan.
Do
pref.
14 Jan. Lehigh & Wilkes. Coal IT
Maryland Coal.
Minnesota Iron.
21 Feb. National Lead Certs, if..
National Linseed Oil Co._.......
22% Mar. 1 National Starch Mfg. Co.100 t 43%
77% Feb. $ New Central Coal.........................100 10
110 Mar. Ontario Silver Mining.................100 43%
Pennsylvania Coal..................... 50 275
5 Jan.
P. Lorillard Co. pref.................. 100
..
146% Feb. Postal Telegraph—Cabled..............
54
I l l Feb. Quicksilver Mining..................... 100
3*2
26 Jan.
P referred ................................ 100 20
15% Jan. Texas Paciilo Land Trust........ 100 i 15%
154% Jan. 1 U. 8. Express......................
10048 52
Wells, Fargo Express................. 100 143
H ighest.
164 Jan,
9 Jan.
32% Feb.
128 Mar.
76% -lan.
2 Feb.
17% Jan.
8% Jan.
38ia Feb.
144 Feb.
43 Feb.
116 Feb.
80 Jan.
96 Jan.
9% Mar.
75 Jan.
80% Jan.
94% Jan.
15 Jan.
148 Jan.
26 Feb.
18% Mar.
62 Jan.
20 Feb.
23% Feb.
76 Jan.
18% Jan.
27 Jan.
35 Feb.
10% Jan
42% Feb.
275 Feb.
114 Feb.
37 Jan.
3% Feb.
20 Feb.
14 Feb.
48 Jan.
140 Jan.
150 Jan.
43 Feb.
118% Feb.
82% Jan.
993s Feb.
14% Feb.
79% Jan
83 Feb.
102% Feb.
18% Jan.
155 Mar.
28% Mar.
24% Jan.
64 Jan.
25 Feb.
27 Mar.
82 Jan.
21 Jan.
32 Feb.
46% Feb.
11% Feb.
45% Jan.
275 Feb.
118 Jan.
50 Feb.
4 Jan.
22% Jan.
15% Mar.
54 Jan.
145% Feb.
No price Friday; latest price this week
NEW
YORK
SECURITIES.
Bid.
Alabama—Class A, 4 to 5 .......1906
Class B, 5s........................ ...1906
Class C, 4 s............................. 1906
Currency funding 4s............1920
Arkansas—6s,fund.Hol. 1899-1900
do. Non-Holford
7s, Arkansas Central RR ...........
Louisiana—7s, cons................ 1914
Stamped 4s....................................
Missouri—Fund.............1894-1895
STOCK EXCHANGE
PRICES .-r-STATE BONDS MARCH 1 1 .
SECURITIES.
Ask.
New York City Bank Statement for the week ending March
5,1892, is as follows. We omit two ciphers (00) in all cases.
Ba
n k s
Bank o f N ew Y o r k ...
Manhattan C o.............
M erchants’ . . . . . . _____
Mechanics’...................
A m erica........................
P henix..........................
C it y ...:....................
Tradesm en’s ..........
Chem ical................
Merchants’ E xchange
Gallatin N a tion a l..„
B utchers’ & D r o v e r s !
M echanics’ & Traders
G reenw ich.............
Leatnei Manufacture.
Seventh N a tion al.___
State o f N ew Y o r k ....
A m erican E xchange.
C om m erce....................
B roadw ay................... ]
M erca n tile...................
P a cific.................... .
R ep u b lic..................
Chatham..................
Peoples’ ...................
N orth A m erica............
H anover.......................
Irv in g ............................
Citizens’ . . . . . ...............
N a ssa u .........................
M arket & F u lton .......
St. N icholas.................
Shoe & L e a t h e r .......
C om E xch an ge...........
C on tin en ta l...............
Oriental.......................
Im porters’ & Traders’
P a r k . ... ...................... .
E ast R iv er_________
F ourth N ational.........
Central N ational......
Second N ational.........
N inth National...........
F irst N ational.............
T hird National............
N . Y. N at’l E xchange
B o w e ry .........................
N ew Y ork C o u n ty ....
Germ an-Am erican. . . .
Chase N a t io n a l.......
F ifth A v en u e.......
German E x ch a n g e .. '
Germania..................
U nited States....... .
L incoln......................... •
Garfield.........................
F ifth N ational...........
Bank of the M etrop...
W est Side................
S e a b o a r d ........... .
Bixth N a tio n a l........
W estern N ational___
First National.B’ klyn
Southern N ational. . ..
Capital. Surplus.
9
2 ,000,0
2.050.0
2,000,0
2 ,000,0
3.000.
1.000.
1, 000,0
760.0
300.0
600.0
1,000,0
300.0
400.0
200.0
600,0
300.0
1.200.0
5.000.
5.000.
1.000 .0
1,000,0
422,7
1.500.0
450.0
200.0
700.0
1 000,0
500.0
600.0
500.0
750.0
500.0
500.0
1,000,0
,
1, 000,0
300.0
1.500.0
2 , 000,0
250.0
3.200.0
2 , 000,0
300.0
750.0
500.0
1, 000.0
300.0
250.0
200.0
750.0
500.0
100.0
200,0
200,0
500.0
300.0
200.0
150.0
300.0
200.0
500.0
200.0
2 .100.0
300,0
Loans.
8
1.956.8 14.050.0
1.580.3 10.883.0
979.8
8.790.4
2.029.6 10.182.0
0
19,095,1
2.197.7
452.2
0
5.967.0
2.422.0 15.670.4
126.5
2,508,3
6.723.0 24.524.8
151.5
4.202.5
1.511.7
5.754.2
306.2
1,746,7
420.9
2.501.0
150.3
1.153.6
652.1
3.074.1
70,0
1.512.7
483.5
3.500.5
2.087.5
0
19.053.0
3.423.5
0
20.822.1
1.691.3
5.696.3
1.031.4 10.115.5
433.4
2.624.6
960,8 14,005,7
820.5
6.642.2
318.3
2.304.3
584.4
5.868.3
1.740.3 19.731.1
325.3
3.142.0
440.4
3.107.7
250.5
2 .688.8
797.7
4.264.0
120.7
2.007.0
258.0
3.148.0
1.210.9
9.252.8
280.8
5.781.9
416,9
2.197.0
6.383.8 26,886,0
2.814.5 28.630.1
144.5
1.134.9
1.798.4 22.312.2
543.2
8.829.0
406.3
5.190.0
262,2
2.801.5
8,805,7 29,792,0
43,5
4.760.6
164.0
1.679.7
500.3
2.687.0
571.7
2.949.4
293.4
2.756.7
1.050.4 13.172.9
849.4
5.338.2
543.1
2.912.3
493.3
2.716.0
518.8
6,390,2
370.4
4.970.6
393.7
3.567.6
313.9
1.821.5
649.3
4.615.8
253.3
2.313.0
198.8
4.445.0
352.9
1.563.0
194.2 11.073.6
793.3
4.143.0
1.905.9
Specie.
Legáis.
Deposits.
9
9
2.500.0 1,860,0 14.700.0
4.586.0 1.137.0 13.892.0
758.0 1.452.5
9,124,1
680,0
1.444.0
8.915.0
2.782.7 1.368.1 19.340.9
736.0
790.0
6.126.0
4.432.3 2.585.0 19.677.9
314.1
563.0
2.870.9
6.147.0 2.137.7 26.029.7
740.5
588,8
5,041,4
736,4
1.158.2
5.569.3
207.3
327.1
1.865.4
285.0
235.0
2.435.0
110.7
170.6
1.091.3
748.1
398.8
3.027.9
380.1
60,9
1.628.1
546.9
194.3
2.925.4
4.367.0 1.642.0 18.074.0
2,225,5 2.583.0 16.547.2
307.4
908.3
4.778.8
1.809.4 1.164.6 11,203,4
459.2
* 500,4
3.169.9
1.590.4 2,293,9 16.039.0
845.0
1.139.7
7.130.4
248.1
260.2
2.935.2
568.6
1.073.8
6.482.9
872.2 22.322.3
5.230.4
259,8
430.5
3.056.0
595,2
209.0
3.305.7
544.6
383.7
3.180.9
707,1
391.4
4.356.7
399.1
135.6
2.141.4
584.0
338.0
3.780.0
1.790.1
245.0
9.060.8
177.5
1.585.3
6.971.1
357.0
136.6
2,100,0
5.868.0 3.927.0 30.609.0
8.584.0 2,093,5 35.122.7
87,7
190.5
964,9
5.708.2 1.742.2 24.974.8
664.0 11.242.0
3.106.0
1.358.0
329.0
6.284.0
282.2
815.8
3.681.3
7.292.9 1,116,4 30.918.9
775.4
531.2
4.984.0
154.6
279.5
1.581.6
714.0
190.0
3.104.0
820.0
159.0
3.423.1
153.7
450.5
2.558.7
3.454.9 2.459.8 17,195,6
1.244.9
208.5
5.821.4
182.8
703.4
3,471,3
489,8
351.3
3.273.1
442.1
2.145.9
8.059.5
1.644.1
330.8
6.225.1
1.075.1
371.2
4.558.6
298.7
242.5
1.919.9
1.259.9
283.8
5.501.2
386.0
259.0
2.401.0
665.0
732.0
5.200.0
210.0
260.0
1.437.0
1.392.4 2.042.9 12,078,2
862,0
254,0
4.287.0
318,0
211.9
1.714.2
T<»»1— .................. 59,372,7)66,007,9)488,675,3 1044798J 50,207,1 533,578,7
Ask.
SECURITIES.
Ask.
Bid.
96
107
71
9
New York City, Boston and Philadelphia Banks :
B an ks .
.
(00s omitted.)
Bid.
New York—6s, lo a n ............... 1893
S.C. (cont.)—Brownoonsol.6s. 1893
North Carolina—6s, old ........... J&J
107
Funding act...................... ..1900
96%
New bonds, J. & J ___1892-1898
New settlement, 6s............. 1913 103
Chatham RR ........ : ........................
5 s ............................................1913
Special tax, Class 1.......................
3 s ............................. .
1913 70
Consolidated 4 s....................1910
6s.............................................1919
125
85%
Rhode Island—6s, cou. .1893-1894
6sj consolidated, 2d series, rects.
South Carolina—6s, non-fund.1888 " 2* "2 %
6s, deferred, t’ streo’ts, stamped
N . Y o r k .*
Feb. 6 ... .
“
13 ...
1 2 0 . ...
“
2 7 - ...
Mar. 5 . . . .
B oston .
F eb, 20___
2 7 ....
Mar. 6 ... .
P h lla .*
Feb. 20___
“
2 7 ....
Mar. 5 —
Capital de
Surplus.
Loans.
Specie.
Legáis.
$
125.380.6
125.380.6
125.380.6
125.380.6
125.380.6
9
460.653.6
466.291.3
476.571.0
480.880.0
488.675.3
9
1119922
1129355
1131521
1078143
1044798
$
50,293,4
51,111,3
50,520,9
52.140.1
50.207.1
Deposits4 Oirc’ Vn Clearing’ .
9
9
6.532.1
5.548.5
5,457,7
5.465.6
5.598.0
813.713.2
878.810.2
837,372,0
631.021.2
770.624.2
64.642.9 159.746.3 10,125,1 6,014,1 143,412,4 4.239.2
64.642.9 159,235,8 10.417.5 6,008,6 141.439.9 4.212.0
64.642.9 161.121.6 10.532.5 1.5.900.1 144,420,2 4.221.3
88,806,0
74.870.3
94,517,0
35.793.7
35.793.7
35.793.7
87,218,2
69.102.4
78.344.4
107.856.0 3.324.0
108.548.0 3.352.0
108,654,u 3.379.0
37,5 00,0
37.1 66,0
36.1 82,0
97.369.0
98.204.0
98.816.0
$
515.376.7
521,571,9
531.261.8
531.938.8
533,578.7
* W e omit two ciphers in all these flgutes. + Including, f o r B oston and P hil a
the Item “ d u e to o t h e r banks.”
del D hi a.
City Railroad Securities—Brokers’ Quotations.
A tlantic A v .j B ’k ly n .S t’k.
Gen. M., 6s, 1 9 Ü 9 ...A & 0
Bl’oker St. &’ F o l. P.—Stk.
1st m ort., 7s., 1900-.J& J
Br’dw av & 7 th A v .~ S t’k ..
1st m ört., ös, 1904 .J A D
2d m ort., 5s, 1 9 1 4 ...J & J
B’w ay 1st, 5 s, g u .......’ 24
2nd 5s, int. as rent., ’ 05.
Brooklyn C ity—S to ck .......
B ’k ly n cro s s t’n 5s., 1908
Bkn.C’y & N ’n5 s, 1938 J & J
Central C rosstown—St’ k ..
1st m ort., 6S.1922.M & N
Cent. P k.N .& E .R iv .—Stk.
C on sols.7s, 1902 ...J & D
Drv D k.E .B .& B at’y —Stk.
1st m ort., 7s, 1893.. J& D
108
100
27
112
193
104
103
104
93
175
108
101
135
115
123
116
116
100
112
108
29
115
200
106
97
177
110
102
il 7
125
120
120
103
! D ry D ock E . B ’y & B.—
|
Eighth A v .—S tock............. 225
E ighth A v .—Scrip, 6s, 1914 105
42d & G r’nd St. F ’ry —Stk.!250
1st m ort., 7s, 1893. A&O 102
42d St. Manh.& S t.N .A ve. 42
1st m ort., 6s, 1910.. M&S 110
2d M „ in co m e ,6 s ....J & J 49
H onst. W .St.& P .F ’y —Stk. 200
1st m ort., 7s, 1 8 9 4 ..J&J 100
110
Se ;ond A v e .—S to ck .......... 102
1st m ort., 5s, 1909. M&N 100
200
T hird A v e .—S t o c k ............ 225
1st M., 5s, 1937...... J& J 110
T w enty-third St.—S to c k .. 260
1st m ort. 7s, 1893.......... 102
iÖ9
105
45
112
51
107
105
103
230
113
104*
Bank Stock List—Latest prices o f bank stocks this week.
BAN KS.
B id. A sk.
BANKS.
B id.
A sk.
210
320
153 >a Garfield......... 400
312
120
German E x . 335 360
280
B ro a d w a y...
330
187
150
135
345 355
(Hud. R iv e r .. 145
C hatham ___
430
4800 Im . & T rad’ s’ 575 620
C hem ical___
500
195
160
L eath er M is ’ 240 255
Citizens’ .......
400
180
187
C ontin ental.
i2 8
M arket& F ul 220 221
251 255
M ech a n ics’ .. 187% 191
180 220
115
East R iv e r .. 150
M e rca n tile... 225
200
153*2 155
Fifth A v e ___ 2000
M erch’ts E x . 125 127
11
F ifth .............. 320
10
2500
400
First N., S. I. 112. 115
170
300
Fourth.......... 190 195 <4 N assau .......... 165
206
153
305
270
182
128
430
422
4400
475
155
250
183
__
BAN KS.
B id. Ask*
235
600
N .Y .N a t.E x . 130
N in th ............ 107
19th W a r d .. 160
165
230
240
112
220
P ark . . . . . . . . 310 325
290
P h en ix.......... 126 130
120 125
170 175
S e a b o a rd . . . . 174 180
325
120
Shoe& Leath. 150 160
110
State o f N . y ". 107 115
100% 105
107 "
200
120 124
W e st S id e ... 225
THE
M a r c h 12, 18fc2.]
437
C H R O N IC L E .
BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANGES.
Active Stocks.
ITIndicates unlisted
Share Prices — n ot Per C en tu m P rices.
Saturday,
March 5.
Monday,
March 7.
Tuesday,
March 8 .
Wednesday,
March 9.
Thursday,
March 10.
Sales
of the
Friday,
Week,
March 11. Shares.
Ktch. T. & S. Fe (B o s to n ).1 00 38% 39% * 38% 39% * 38% 39*8 38% 39% 38% 39*4 38% 39*8
4*2
4
4%
4%
4*2 *4*4 . . . .
Atlantic & Pac.
“
100
95
96% 97*4
95
97
*95*2
Baltimore & Ohio (B a lt .). 100 96*s 96*8 96*2 96*3 *96
1
1
231«
1st preferred
“
100
*120
* 12 0
*120
120*8 120*8 *120
2d preferred
**
100 *1
208*3 209
208*3 208%
206 207*3 207 207*2 208*3 209
Boston & Albany ( B oston J.100 204*3 205
175 175
174*3
174*3
*174*3
175
*174*9
175
174*3
174*2
*174*3
Boston & Lowell
“
100
167 167*2 167 167% 167 167*2 167*3 167*2
Boston & Maine
“
100 167 167*3 167 167
17
17
"16
17
17
17
17
17
*16*3
*16%
*16*3
17*4
Central o f Mass.
“
100
*34
35*4 *34*2 35
35
*34
35 . *34
*34
35
36
Preferred
“
100 36
106%
107*8
106*3
107*8
105*3
106
1
105%
106%
106%
106
Ohic.Bur.&Quin.
“
100 106 107
77%
80% 76% 78*3 77*3 •78% 77% 78*4 77
Ohio. Mil. & St.P. (P h il.). 100 79% 8 j.*4 79
49
49
48*0 48*3
*48
50
Chic. & W. Mich. (B oston ) .1 0 0 *48^ 5 0
*5*3 578 *5*3 6
"5*3
*5*3
Cleve. & Canton
“
100 *5 1 $ 6
*19
*19
1
9^
19
19
*19
*19
Preferred___
“
10 0
87% 88
87% 87% 88
83
88
*37
88*2
Fitchburg pref.
“
100 88*4 88*4 88
*23
*23*3 27
27
FI. & Pere Marq.
“
100 *23
81
*80
*79*3 81
80
*80
80
80
81*3 80
Preferred
“
100 *80
33
32% 32% 32% 32% 32% 33
34
33*3 33*2 33
Hunt. & Br. Top. (P h ila ) . 50 34
*52% 54
54
*52
54
54
*52
54 *
Preferred
“
50 5378 54
57
57%
57% 56*3 57
58*2 57
x56*4 56*3 56*3 57
Lehigh Valley
“
50 58
*
*
115 * 1 1 0
115
Maine Central (B o s to n ). 100
193¡ 19% 19*3 19*2 *19*3
Mexican Central
“
100 19% 19% *19*4 19% *19*4
52% 49*8 50% 46*4 49*4 46% 49*8 48% 49*3 48% 49*2
N. Y. & N. Eng.
“
100 50
100 100
100 101
98 101
97
99
99 101
Preferred___
“
100 100 101
*69*3 70
*69*3 70
*69*4
69*2
Northern Central (B a lt .). 50
Northern Pacific (P h ila .) .100 23% 23% 23% 23% 23% 23% 23% 23% 23% 23% 23% 23%
67%
66*3 67
68
67*3
68%
68%
67*3
68*8
68*e 68*8
Preferred
“
100 67*2
172*8 172 % 172*3 172% 172*3 172*3 172*4 172*3 172 172*3
Old C olon y..., ( B o s to n ). 100 *170*3
54% 5c '8
54%
5.5*8
54%
55
54%
55
54*3
54%
55*8
55*4
Pennsylvania.. (P h ila .). 50
39% 40
39
39
39*4 39*2 *39% 39*3 39% 39%
Philadel. & Erie.
“
50 39% 40
273,6
27%
27*2 29%
Phila. & Reading
“
50 28 29*18 261* L,28*4 26*1.26*bir 261-* 27*3
*6
7
6*3
Summit Branch (B o s to n ). 50
46%
47
47*8
47*4
Union Pacific
“
100 47*4 47% 46*2 46% 46*8 46*4 46*2 47%
226 226
226 226
226% 226*4 226 226
United Cos.of N. J. (P h ila .)lO Q 226 226*2 *226
8%
8%
8%
8%
8%
8%
8%
8%
878 9
8*3 8%
WesternN. Y. & B & (Phila.) .100
m is c e lla n e o u s S to c k s .
Am.Sug’rRefln.Tf (B o s to n ) ....... 86
86*4
Preferred........
“
208*3 209
Bell Telephone..
*•
36
36
Bost. & Montana
“
*14% 15
Butte & Boston..
“
260 260
Calumet & Hecla
“
*62
66
50
50*2
Consolidated Gas
“
Brie Telephone (B oston ).
46*3
*15^1
Lamson Store Ser. “
54
54
Lehi’h Coal&Nav 'P h il.j
52
52
16*4 16*4
59
59
Preferred.......... “
2 .'
28% 29
West End Land.. “
__
19*4 19*4
* Bid and asked prices no sale was
Bid.
Inactive Stocks.
P ric es o f M a rch 11.
Atlanta & Charlotte (B a lt.).1 0 0
Boston & Providence (B oston ). 100
Camden&Atantiopf. (P h ila .). 50
“
50
Catawissa.......... .
1st preferred........
“
50
ff
50
2d preferred..........
ventral O h io.......... . (B a ll.). 50
Chari. Col. & Augusta
“
100
Connecticut & Pass. (B oston ). 100
Connecticut R iver...
“
10 0
Delaware & Bound B r. (P h ila .). 100
Har.Ports.Mt.Joy&L.
“
50
Kan. C’y Ft. S. &Mem. (B oston) .100
“ 100
Preferred...................
K. City Mem. & Birm.
“
100
Little Schuylkill....... (P h ila .). 50
Manchester & Law.. (B oston ). 100
Maryland Central
(B alt.) 50
Mine Hill & S. Haven (P h ila .). 50
NesquehoningVal....
“
50
Northern N. H........... (B o sto n ).1 00
North Pennsylvania. (P h ila .). 50
Oregon Short Line... (B oston ) . 100
Parkersburg............
(B alt.) 50
Pennsylvania & N. W. (P hila.) 50
Raleigh & Gaston. . . .
(B alt.) 100
Rutland................... (B o sto n ). 100
Preferred.................
100
Seaboard & Roanoke. (B alt.) 100
1st preferred___. . . ,
«
100
W estEnd........ .(B oston ). 50
Preferred....................
“
50
West Jersey.................(P h ila .). 50
West Jersey & Atlan.
“
50
(B a lt.). 50
Western Maryland..
Wilm. Col. & Augusta
.**>
100
Wilmingt’n& Weldon
“
100
Wisconsin Central... (B oston ). 100
P referred ..............
“
100
Worc’st.Nash.&Roch.
“
100
MISCELLANEOUS.
Atlantic Mining.
25
25
25
50
88
252*i
25
60*2
60*2
55
15
8Ó"
Inactive stocks.
92
30
9
26
45
22
69
70
55
83% 84
28% 29*4
47
4
66
4*4
74*4 74*2
87*8 87*4
56
17
16
20
107
100
18*2
1
10
87% 88%
94*3 95
201 209
36*3 37
15*3 15*3
265 265
66
*63
50*4 50*2
*45
17
53*2 54
*51
*15% 16*8
58*3 58*2
28% 28%
19
19
Thom.Europ.E.WeldH (B oston) 100
Water Power.................
“ 100
Westing. El. tr. rec.1I
“
50
110
69
87*4 87%
94*3 94%
209 209
36% 36%
*14% 15*4
260 260
*63
65
50
50*2
*45
16
16
53*2 53%
52
*51
* 5 % 16*8
58% 58%
28% 28%
18% 19
Ask.
231
1*8
10*2
70
28*4 28*2
Boston Land.............
10
6
Centennial Mining...
16 1 1 * 2
Fort Wayne Electric^
25 12*3
Franklin Mining.......
25 12 *8
Frenchman's Bay L’nd
5
5%
Huron Mining............
25
Illinois Steel If............
10 0
75
Kearsarge Mining.. . .
25 1 2 %
Met. Trac. Co............. (P h ila .).
tll3 %
76
Pieferred guar. 10“
100 tl98
Osceola Mining.......... (B oston ) . 25
29*2
Pullman Palace Car..
“
10 0 189
|iuincy Mining..........
“
25
Tamarack M ining....
“
25 192
Thomson Ele. Weld’g.
“
10 0
55
*! Unlisted. § And accrued interest.*
85% 86% 86
86*4
94*3 94*2 94*3 94*2
208 209
208 209
36
36*4 36*4 36*4
14% 15
14% 14%
260 260 *260 265
*63
*63
66
50
50
50
50
*45
46*2 46*4 46*4
16
16*4 16*4
16
53% 53*2 53*2
53*2
-J
52
52
52
15% 15%
157s 16
59
59
58*2 58*3
28% 28% 28% 28%
19
19
19
19
6*2
12
12 %
5*2
78
13
114
29%
190
60
Bid.
Ask.
Range of sales in 1892.
Lowest.
Highest.
26,700 375s Feb.
119
4 Mar.
196 84 Jan.
2 130 Jan.
5 116 Jan.
307 199 Jan.
15 173 Jan.
565 159 Jan.
55 16 Jan.
200 33 Jan.
12,0941 10378 Feb.
14,600 76% Mar.
105 48 Feb.
5*2 Feb.
*"i"05 19 Feb.
531 81*3 Jan.
25 Feb.
158 75 *3 Feb.
2,018 25*3 Jan.
229 46*3 Jan.
7,430 50*4 Jan.
115 Jan.
'*580 18% Feb.
51,936 4258 Jan.
3,184 97 Feb.
15 68 Jan.
1,941 23% Mar.
8,401 65% Jan.
148 164*2 Jan.
9,769 54*2 Mar.
l,s3 0 32 Jan.
200.507 19*i « Jan.
100
6 Feb.
5.600 44*8 Feb.
54 225 Jan.
1,050
8 Jan.
46% Jan.
57s Jan.
97*4 Mar.
135 Feb.
89*4 93*8 31,052 7858 Jan.
2,318 99*2 Jan.
94*4 98
200 203
1,141 200 Mar.
37*4 39*2 2,761 31 Feb.
520 13% Feb.
15*8 15*3
104 253 Feb.
262*3 265
*63
60*4 Jan.
65
917 43 Jan.
*50*4 51
38 43*2 Jan.
46*4 46*4
*15%
65 14*2 Feb.
6,705 48*2 Jan.
54*8 55
52
52
26 50% Feb.
1,015 15% Jan.
58*2 58*2 1,561 4978 Jan.
1,026 26*4 Jan.
28% 28%
19*4 19*3 5,750 16% Jan.
Bonds.
4
5
11
15
120*8 Mar.
209 Mar.
175*4 Feb.
167% Mar.
18 Jan.
38 Jan.
HO5» Jan.
8338 Jan.
53*2 Feb.
8 Feb.
23 Jan.
88*2 Mar.
25 Feb.
86*2 Jan.
34*2 Mar.
54% Mar.
62*2 Feb.
6¡117 Jan.
1 243s Jan.
2 58*4 Mar.
25 114*2 Jan.
69*2 Mar.
26*2 Jan.
72*8 Jan.
51173 Mar.
9! 57 38 Jan.
29 40% Mar.
19 34*4 Feb.
8 ' 7 Feb.
11 50*4 Jan.
8 1226*2 Feb.
19 1038 Feb.
28
7
3
12
4
7
29
16
3
3
U
16
,4
, 3^
11
15
4
27
18
93*8 Mar. 11
98
Mar. 11
210 Jan. 15
4 0 78 Jan. 4
17*2 Jan.
Jan.
65*2 Feb.
51*4 Feb.
47 Jan.
17 Jan.
55*8 Feb.
53 Feb.
18% Jan.
623g Feb.
29% Feb.
19% Feb
267
5
30
15
8
7
4
15
29
2
9
9
15
Bid. Ask.
12*4 Penna. Consol. 5s, r ........1919, Var
Collat. Tr. 4*2 g ..........1913, J&D
4
3%
16*4 16*2 Pa. & N. Y. Canal, 7s... 1906, J&D 123
Consol. 5s.................... 1939, A&O 113 115"“
^ Bonds—Boston. T„ T
Perkiomen, 1st ser.,5s.l918, Q—J 103*2
At.T<Jt>.&S.F.100-yr.4g.,1989, J&J § 81% 82
Pnila.&Erie gen. M. 5g.,1920, A&O 114
100-year income 5 g., 1989.Sept.
Gen. mort., 4 g .......... 1920, A&O UOO
Burl. & Mo. River Exempt 6s, J&J
8 6 *a
Phila & Read, new 4 g., 1958, J&J
Non-exempt 6s........... 1918, J&J
76
1st pref. income, 5 g, 1958, Feb 1
Plain 4s................... . 1910, J &J
6 6 *a
2d pref. income, 5 g, 1958, Feb. 1 66
104
Chic. Burl. & Nor. 1st 5,1926, A&O
3d pref. income, 5 g, 1958. Feb. 1 58*3 58%
103*2
2d mort. 6 s .............. 1918, J&D
2d, 7s...........................1893, A&O 106
Debenture 6s............. 1896, J&D >102 103
92
Consol, mort. 7s........ 1911, J&D 131*2
Chic. Burl.& Quincy 4S .1 9 2 2 , F&A
Consol, m ort.6 g ....... 1911, J&D
92
Iowa Division 4s.......1919, A&O
ImprovementM. 6 g., 1897, A&O 105*3
Chic.&W.Mich. gen. 5s, 1921, J&D 97
95*2 Con. M.,5 g.,stamped,1922,M&N 104*4
Consol, of Vermont, 5s. 1913, J&J
Phil. Wilm. & Balt., 4s. 1917, A&O 97 100
Current River, 1st, 5s. .1927, A&O
Pitts. C. & St. L., 7 s ....1900, F&A 114
Det. Lans.&Nor’nM. 7s. 1907, J&J
68
Po’keepsie Bridge, 6 g. 1936, F&A
E astern 1st mort. 6 g., 1906, M&S 123
Schuyl.R.E.Side.lst 5 g.1935, J&D 108
123
Eree.Elk. &M.V.,lSt, 6S.1933, A&O
Steuben. &Ind. ,lstm.,5s. 1914, J &J 106
Unstamped 1st, 6s— 1933, A&O §120
United N. J., 6 g ............ 1894, A&O 103
K.C. C.&Spring.,1st,5g.,1925,A&O
Ï07" Warren & Frank.,1st,7s,1896,F&A 105
K. C. F. S. & M. con. 6s, 1928, M&N
60
K.C. Mem. & Bir.,1st,5s,1927, M&S
Bonds.—Baltimore.
Atlanta & Chari., Ist7s, 1907, JfcJ 119*2 120%
K.
C. St. Jo. & C. B., 7 s..1907, J&J
1900, A&O 100 101*4
Income 6s...........
L. Rock & Ft. S., 1st, 7s.. 1905, J&J
Baltimore & Ohio 4g., 1935, A&O 101 101%
Louis.,Ev.&St.L.,1st,6g.l926, A&O
Pitts.
&
Conn.,
5
g
...l9
2 5 , F&A
2m., 2—6 g ................ 1936, A&O
Staten Island, 2d, 5 g.1926, J&J
Mar. H. & Ont., 6s------1925, A&O 101
Bal.&Ohio
S.W.,lst,4*2g.l990,
J&J 103*4 104
Extern 6s................... 1923, J&D 101
CapeF.&Yad.,Ser.A.,6g.l9L6, J&D 99 100
70
Mexican Central, 4 g . ..1911, J&J
98*a¡ 99*2
Series B., 6 g ........................ 1916,J&D
1st consol.incomes, 3 g, non-cum. 35*2 36
98*3' 99*2
Series C., 6 g ........................ 1916,J&D
20
2d consol, incomes, 3s, non-cum.
101*2 . . . . ..
121*2 Cent. Ohio, 4*3 g ......................1930,M&S
N. Y. & N.Eng,, 1st, 7s, 1905, J&J
Chari. Col. &Aug. 1st 7s.1895, J&J 105 ........
1st mort. 6s................ 1905, J&J $113
2d mort. 6s................ 1902, F&A 105 105*2 Ga.Car. & Nor. 1st 5 g ..l9 2 9 , J&J 103% 103*2
North. Cent. 6s............... 1900, J&J 1 1 2 [..* * « .
2d mort.,scaled, 5 s ...1902, F&A
6s.......... ....................... 1904, J&J 116 118
Ogden. & L. C.,Con.6s.l920,A&0§
Series A, 5s..................1926, J&J 109*4.........
Inc. 6s......................■------- —1920
4*28............................. 1925, A&O
Rutland, 1st, 6s........... 1902, M&N
Oxf.&Clark.,int.gu.,6
g.1937,M&N
§100
2d, 5s......................... 1898,F&A
Í0Ó""
Piedm.& Cum.,1st, 5 g.1911, F&A
Bonds,—Philadelihia
Pitts.
&
Connells.
1st
7s.
1898, J&J 114*41114*2
Allegheny Val.,7 3 10s, 1896, J&J 109*3
Atlantic City 1st 5s, g., 1919, M&N 105 105*2 Virginia Mid., 1st 6s. ..1906, M&S 116*2 118
115%¡115%
2d Series, 6s...........................1911M&S
Belvidere Del., 1st, 6s. .1902, J&D 111*2 112
3d Series, 6s...............1916, M&S 108 109
Catawissa, M., 7s........ 1900, F&A 116*4
4th
Series,
3-4-5s................
1921,
M&S
Char. Cin.& Chic.lst 5g, 1947, Q—J
102*3 103*2
5th Series, 5s....................... 1926,M&S
119
Clearfield & Jeff., 1st, 6 s.1927, J&J
West Va. C. & P. 1st, 6 g .1911, J&J 109 109*2
Connecting, 6s........ 1900-04, M&S
88
West’r. V.C. Consol. 6 g.1914, J&J 85
Del. & B’d Br’k, 1st, 7s.1905,F&A 127
Wilm. Col. & Aug., 6s.. 1910, J&D
119*2
Easton&Am. lstM.,5s.l920,M&N| 109
MISCELLANEOUS.
Elmir. & Wilm., 1st, 6s.1910, J&J. 120
Baltimore—City H all6s.l900, Q—J 115
Hunt. & Br’dTop,Con.5s.’95,A&0 103
Funding 6s................. 1900, Q—J 115
Lehigh Nav. 4 *28. ........ 1914, Q—J' 110
West Maryl’d RR. 6s.. 1902, J&J 117 119%
0%
2d 6 s, gold................. 1897, J&D ’1 11/"
1 111
126*3 127
101*4 Water 5s.............................. 1916,M&N
General mort. 4 *2 S, g.l924,Q —Fi
126*3! 127
114*4 Funding 5s............................1916,M&N
Lehigh Valley, 1st 6s...1898, J&Di
Exchange
3
*28
............
1930,
J&J
102*4
135
133*2
2 d 7s...........................1910, M&S
Virginia (State) 3s, new .1932, J&J
7 Í*2 72
Consol. 6 .................... 1923, J&D 130
109
Chesapeake
Gas,
6s.......1900,
J&D
108
113
North Penn. 1st, 7s---- 1896, M&N
Consol. Gas, 6s........ ....19 1 0 , J&I) 112% 113*2
127
Gen. M. 7s..................1903, J&J
100
5
s
..................................
1939,
J&J
99%
Pennsylvania gen. 6 s, r..l910, Var 131
122*4 |Equitabie Gas. 6 s .... —1913, A&O 109%
Consol. 6 s. c
------- .1905, Vnr
1 L ast p rice this w eek .
12
THE
C H R O N IC L E .
[V o l . U V
NEW YORK STOCK EXCHANGE PRICES (Continued ).—ACTIVE BONDS MARCH I I , AND FOR YEAR 1 8 9 2 .
R a il r o a d an d Miscel . B onds.
Olos’ ng R ange (sa les) in 1892.
P ric e
P erio d M ar. 11
H ighest.
L ow est.
R ailroad
and
Miscel. B onds
1Olos’ ng R a n g e (ta le e ) i n 1892.
P eriod J fa r.ll
L ow est.
Mobile <fe Ohio—New, 6 g ..l9 2 7 J & I) 115*2b. 112 Feb.
) Q - F 109
107*4 Jan. 1 1 1 * 2 Jan.
General m ortgage,4s... 1938 M «fe 8 62*2b. 62 *4 Mar.
J & J 82*2
81% Feb. 84 Jan.
Sept. 61 b 58% Feb. 6 6 % Jan.
Nash. Ch. <fc St.L.—1st, 7 s. 1913 J «fe J 127*8 126% Jan.
Con., 5 g .......................... 1928 A <fc O* 105 »ab. 103*2 Jan.
............ 12*4
Atl. «fe Pac.715g Mar. 74 Jan.
J <fc J 7158b 12 Feb. 14*4 Jan.
N.Y. Central—Extend., 5 s.1893 M «fe N 103*2 101% Jan.
1st, coupon, 7s................ 1903 J «fe J 125*sb. 123*2 Jan.
- A & C 116 b I l l Jan. 116 Mar.
Deben.,5s, coup., 1884..1904 M «& g 107%b. 107*2 Mar.
? J & J 107*eb. 105*8 Jan. 107*2 Feb.
; M & g 1 0 1 b. 101 Jan. 1047g Feb.
N. Y. <&Harlem—7s.reg.1900 M «fe N
120% Jan.
R. W. <fe Ogd.—Con., 5 s..1922 A «fe O 114%b. 1 12 * 2 Jan.
i ........... 74*2
74 Mar. 85 Feb.
Q—J 117 b. 115 Jan. 117*4 Mar. N. Y. Chic. <&St. L.—4 g ...l9 3 7 A <fc O 97 b. 95 Jan.
M<& N 1 2 2 *2b. 120 Jan. 123*2 Mar. N. Y. Elevated—7s............. 1906 J «fe J 113%b. 112 Jan.
J & J lll% b . 109*2 Jan. 1123g Feb.
N. YfLack. <fc W.—1st, 6s..1921 J «fe J 129 a. -25 Jan.
1 Q -M 1 1 0
Construction, 5s............. 1923 F «fe A 109*2b. .10 Jan.
109*2 Jan. 1 1 1 * 2 Feb.
M
&
N
N.Y.L.E.«&W.—lst,con.,7g.l920 M «fe S 134 *2 b. .34*4 Mar.
10
1*
2
Mar.
94
Jan.
10 1* 2
do. mortga*
J «fe J 107 a. 105*2 Jan. 108 Feb.
Long Dock, 7s................ 1893 J «fe D 105 b. 04*4 Jan.
Am. Dock <&I
J «fe J i l l b. 109*4 Jan. 111 Mar.
Consol., 6 g ....................1935 A «fe O 1 2 1 a.
Central PaciflcA «fe O 119 a. 115*2 Jan. 119 Feb.
2d consol.. 6 g ................ 1969 J «fe D 107%
1 M <fe N 104*4 103*2 Jan. 106 Jan.
N. Y. Ont. <fc W.—1st, 6 g..l9 1 4 M «fe S 1 1 1 * 8
tJ <fc J 76 b. 76 Jan. 78 Jan.
Consol. 1st, 5 g ...............1939 J «fe D 10358
00 Jan.
1 J «fe J 78*2
79 Jan.
N.Y.8 us.«feW.—1st ref., 5 g.1937 J «fe J 104 *ab.
do
75*2 Jan.
Jan.
' J «fe J 123
Midland of N. J., 6 g ....l9 1 0 A «fe O 118 b.
1 2 1* 2 Jan. 123*2 Feb.
IJan.
! M <& N 103 b. 101 Jan. 103*2 Jan.
Norf. <feW.—100-vear, 5 g.1990 J «fe J
Jan.
i m «& e 109*4 10778 Mar. 114 Jan.
Md.«fcWash. D iv.-lst,5 g.1941 J <fc J 92*4
Feb.
5 F «fe A 91*2b. 91*2 Feb. 915g Feb.
North.Pac.—1 st,coup., 6 g .1921 J <& J 11778
Jan.
M & N 89
Genera], 2d, coup., 6 g..l9 3 3 A <feO* 115*4b.
88*2 Mar. 91% Feb.
J «fe D 115 b. 1 1 2 * 2 Jan. 115 Feb.
Chic. & E. 111.
General, 3d, coup., 6 g ..l9 3 7 J «fe D 109 b. 07*8 Jan.
A <fc O 1 2 2 b. 122 Jan. 12 2 *2 Jan.
Consol, inort., 5 g ............1989 J «fe D 79
77*2 Jan.
M «fe N 1 0 2 a. 97 Jan. 102% Feb.
Chic. <fc N.P.—1st, 5 g ...l9 4 0 A «fe O 81*2
78% Jan.
M «fe N 1 0 2
North. Pac. <&Mon.—6 g ... 1938 M «fe S 1 0 0 b. 00 Mar.
97*2 Jan. 10 2 *4 Feb.
Oct’b’r 52 b. 48 Jan. 53% Feb.
North. Pac. Ter. Co.—6 g.,1933 J <fc J 107 b. 05 Jan.
J «fe J 897sa. 86 Jan. 91 Feb.
Chic. Gas L. <&C.Ohio <feMiss.—Cons. s.f.,7s .1898 J «fe J l l l * 2 b. 11 Jan.
J «fe J 130 a. 125*4 Jan. 128% Mar.
Chic. MU. & St. P.Consol., 7s.......................1898 J «fe J lll* s b . .10 Mar.
J <& J 113 b. 1 1 2 * 2 Jan. 114*4 Feb.
Ohio Southern—1 st, 6 g.,.1921 J «fe D 1 1 0
06 Jan.
J «fe J 116
113*2 Jan. 116 Feb.
General mort., 4 g ..........1921 M «fe N 66
62 Jan.
J «fe J 107*8 106 Jan. 107*2 Feb.
Omaha <fe St.Louis—4 g ..1937 J «fe J 58 b.
J «fe J 1 0 1 *2 b. 100*4 Jan. 10 2 *2 Feb.
Oregon Imp. Co. -1st, 6 g. 1910 J <fc D 103
J & J 105 b. 103 Jan. 105% Feb.
Consol., § g ..................... 1939 A <fc 0 70*8
6578 Jan.
J «fe J 106 b. 103 Jan. 105 Feb.
Ore.R.«feNav Co.—1 st, 6 g. 1909 J <fc J 1 1 1 b. 0978 Jan.
J «fe J 88 b. 86*4 Jan. 89 Feb.
Consol., 5 g .......... ............1925 J <&D 90 a. 94 Jan.
J «fe D 114 b. 1 1 1 * 4 Jan. 114 Feb.
Mll.&Nor.Pa. Co.—4*2 g., coupon___1921 J <& J 106*4b. 0558 Jan.
Q -F 137*2b. 137 Feb. 140 Jan.
Chlo.&N.W.Peo. Dec. <feEvansv.—6 g ..l9 2 0 J «fe J 110 a. 10 Feb.
J «fe D 125%b. 123*2 Jan. 125% Mar.
Evansville Div., 6g___1920 M «fe S 102 b. 02 Mar.
A «& 0 11838b. 116 Jan. 118 Jan.
2d mort., 5 g ....................1926 M «fe N 71
69*2 Jan.
A «fe 0 109*sb. 108 Jan. 109% Feb.
Phila. <&Read.—Gen., 4 g.1958 J «fe J 86*4
83*ë Jan.
M<& N *107 b. 105*2 Jan. 107*2 Feb.
1st pref. income, 5 g .......1958 Feb.
75*2
69*2 Feb.
M«fe N 105 *2b. 104*2 Feb. 106 Feb.
2d pref. income, 5 g .......1958 Feb.
66*2
53% Feb.
! F «fe A 97*2
585s
96 Jan. 100*2 Jan.
3d pref. income, 5 g .......1958 Feb.
37 Jan.
M «fe S 96*sb. 96 Mar. 99*4 Feb.
Chic. Peo. <&St. LouisPittsburg <feWestern—4 g.1917 J «fe J 83*2
80*4 Jan.
J «fe J 124 b. 121 Jan. 124 Feb.
Rich <fcDanv.—Con., 6 g.,1915 J «fe J 110
09*4 Mar.
J «fe J 101 %b. 1013g Jan. 103 Feb.
Consol., 5 g .......................1936 A «fe O 84 a. 82 Jan.
M «fe S 96
95 Jan. 98*2 Feb.
Rich.«feW.P.Ter.-Trust,6 g. 1897 F «fe A 95
91 Jan.
A «fe O *105 b. 105 Jan. 105*2 Feb.
Con. 1st <&col. trust, 5 g.1914 M «fe S 65
59*2 Mar.
J «fe D 12l*eb. 120 Feb. 121 Jan.
Chic. 8 t. P. M. & O.Rio G. Western—1st, 4 g.,1939 J «fe J 79*4
76% Jan.
J «fe J 90 b. 88 Jan. 93*2 Mar. St. Jo. <fc Gr. Island—6 g ..l9 2 5 M<& N 98*2
95 Jan.
J «fe D 128 b. 128*2 Jan. 130 Jan.
St. L. Alt. <feT. H.—1st, 7s.1894 J «fe J 107 b.
J <fe J 122 a. 118*2 Jan. 121*2 Mar. St. L. «felronMt.—Is t7 s ...l8 9 2 F <& A 101%
Feb.
A «& 0 81*4
80 Jan.
83 Feb.
2d, 7 g .............................. 1897 M «fe N 109*iib.
Jan.
April. 33
30*2 Jan. 34*2 Feb.
Cairo Ark. <feTexas, 7 g . . 1897 J «fe D 108 b.
Jan.
F «fe A 100 b. 100*2 Mar. 103*2 Jan.
Col. Coal & Iron —6 g .......
Gen. R’y <feland gr.,5 g..l9 3 1 A «fe O 85*2
85 Feb.
Col. Midland—Con., 4 g ______ F «fe A 70 b. 70 Mar. 74 Jan.
St.L. «feSanFr—6 g.,Cl.B,1906 M «fe N* 113*2b. :
Jan.
CoLH.Val.&Tol—Con.,5 g . 1931 M «fe 8 88%
6 g., Class C....................1906 M <&N* 113*2b.
87*2 Jan. 92*2 Feb.
Jan.
J «fe D 95 b. 93 Jan. 97 Mar.
General mort., 6 g .......... 1931 J «fe J 108 b.
Denver <&Bio G.M «fe N 117*2b. 116% Jan. 11758 Mar. St.-L. So. West.—1st, 4s, g . . 1989 M «fe N 7178
70*4 Feb.
J «fe J 81
77% Jan.
2d, 4s, g., incom e............1989 J «fe J 34
81*4 Mar.
32% Feb.
J «fe J 75 b. 70 Jan.
S.P.M.«feM.—Dak. itx., 6 g.1910 M<& N 118 b.
80 Feb.
Det. Mac.& M.—L’d grants .1911 A <fe 0 38*2
38 Mar. 42*2 Jan.
1st consol., 6 g ................1933 J «fe J 119 b.
A <& 0 100 b. 95 Jan. 98 Jan.
do
reduced t o 4 *2 g ... J «fe J 99 b. 97 Jan.
J «fe J 95 a. 95 Mar. 96*2 Jan.
Montana Extension, 4 g.1937 J «fe D 88*2b. 87*4 Jan.
M «fe N 95 a. 96 Jan. 100 Feb.
San A. «feAran. P.—1st,6 g .1916 J «fe J 66 *4b. 65*2 Feb.
J «fe J 100 b. 104 Jan. 108 Jan.
1st, 6 g ............................. 1926 J <fe J 66*4b. 61 Jan.
M <fc S 813gb. 81 Mar. 92 Jan.
SeattleL.S.«feE.—lst.gu. 6.1931 F «fe A 94*2
92 Feb.
ï t . W. <&Denv. City—6 g.,1921 J «fe D 101 b. 98*2 Jan. 102 Jan.
So. Car.—1st, 6 g.,ex cou p.1920
108 b.
M «fe N 97 b. 96 3g Jan. 97% Feb.
Income, 6s........................ 1931
*16 b. 16 Feb.
Han. <&St. Jos.—
M «fe S 116*2 116*4 Mar. 1185g Feb.
So. Pac., Ariz.—6 g .......1909-10 J .fe J 10438
Feb.
Illinois CentralA <& 0 *100 b. 96*2 Jan. 102*¿ Feb.
So.Pacific,Cal.—6 g . . . . 1905-12 A «fe O 116
Int. «fe Gt. No.—]
M «fe N 127
118 Jan. 125*4 Feb.
1st, consol., gold, 5 g ___1938 A <& O 99*2
99*4 Mar.
M «fe S 77
76 Jan. 82 Jan.
So. Pacific, N. M.—6 g ........ 1911 J <& J 103*4b. :L0 1*2 Jan.
J «fe D 95
89*2 Jan. 96 Feb.
Tenn.C. I. <feRy.—Ten.D .,lst, 6g A «fe O 94
89 Feb.
Kentucky Central—4 g ___1987 J <& J 83*2b. 81 Jan. 84*4 Mar.
Birm. Div., 6 g ................ 1917 J «fe J 93 5g
91 Jan.
Kings Co. El.—1st, 5 g ___1925 J «fe J 98 b. 97*2 Feb. 100 Jan.
Tex. <fePao.—1st, 5 g ..........2000 J «fe D 82 b. 77*4 Feb.
Laclede Gas—1st, 5 g ........ 1919 Q - F
81
2d, income, 5 g ................ 2000 March. 33*2
81 Mar. 84*4 Jan.
27 Feb.
Lake Erie <feWest.—5 g ___1937 J «fe J 109*2b. 107*4 Jan. 111 Feb.
Tol. A. A. <&N. M.—6 g .......1924 M «fe N 101 a. :
L. Shore—Con. cp., 1st, 7s.1900 J «fe J *120 b. 120 Jan. 12L*4 Feb.
Tol.A. A. «feGr.Tr.—6 g . . . . 1921 J «fe J HO
Mar.
Consol, coup., 2d, 7s.......1903 J «fe D 123*4b. 121% Feb. 123*2 Feb.
Tol. <&Ohio Cent.—5 g .......1935 J & J 105
Long Isl’d—1st, con., 5 g.. 1931 Q—J 113 b. 114 Feb. 115 Feb.
Tol. Peo. <fe West.—4 g .......1917|J <fe J 787s
77 Jan.
General mortgage, 4 g . . 1938 J <fc D 93*2
91 Jan. 94*4 Feb.
Tol. St.L. <fe Kan. C.—6 g ..l9 1 6 J <& D 93*2b. 91 Jan.
Louis. <fc Nash.—Cons., 7 s.1898 A «fe O 114*2b. 114 Jan. 115 Feb.
Union Pacific—6 g .............. 1899 J <& J 112*4b. :
N.O. <feMob. 1st, 6 g .......1930 J «fe J 118*sb. 117*2 Jan. 119 Feb.
Sinking fund. 8s...............1893'M <fe 8 106*8 1
Mar.
do.
2d, 6 g ........ 1930 J «fe J 108 b. 108 Jan. 110 Jan.
Collat. trust 4*2...............1918|M <fe N 72*2
70*2 Jan.
General, 6 g ......................1930 J <&D* 116*8b. 115*4 Jan. 116*8 Mar.
Gold 6s, col. trust notes. 1894|F <fe A 96*2
95*2 Jan.
Unified, 4 g ......................1940 J «fe J 80
78% Jan. 80% Jan.
Kan. Pac -Den. Div.-6 g,1899 M <fc N 109 b. :.09 Feb.
Nash.Fi.&Sh.—1 st gtd.5 g ’37 F <& A 100*4a. 98 Feb. 101 Jan.
1st consol., 6 g .............. 1919 M <&N 111*2 1.08*2 Jan.
Louis. N.A. & Ch.—1st, 6s. 1910 J «fe J *108 b. 10878 Jan. I l l Feb.
Oregon Short Line—6 g .. 1922|F <& A 10 5 *2 :L05 Feb.
Consol., 6 g ......................1916 A «fe O 10214a. 100*8 Jan. 103 Feb.
Or.S.L.«feUt’hN.—Con.5g.l919|A <fe O 82 a. 80*8 Jan.
Louis. St. L. «fcTexas—6 g .l9 1 7 F «& A 93*8
87*2 Jan. 963g Jan.
U.P.Den.<& Gulf con. 5 g.l939| J <fc D 76*2
7 5*2 Feb.
Metro. Elevated—1st, 6 g. 1908 J «fe J 116 b. 113*2 Jan. 1185g Feb.
Union Elevated—6 g ........ 1937!M <fe N 113*4 1LIO Jan.
2d, 6s......................
1899 M «fe N 108*8b.|105*4 Jan. 109 Feb.
Virginia Mid.—Gen. m.,5s, 1936 M <&N 81*2b. 78 Jan.
Mich. Cent.—1st, con., 7s.. 1902 M <& N 123 b. 121*2 Jan. 123% Mar.
do
stamped guarJM <&.N 82 b. 80*2 Jan.
Consol., 5s ......................1902 M «fe N *107 b. 106% Feb. 107 Jan.
Wabash—1st, 5 g ................ 1939 M <fc N 104*2 :.03*8 Jan.
MiLLakeSh. <&W.—1st, 6g. 1921 M «fe N 124 b. 123 Jan. 125 Jan.
2 d mortgage, 5 g ............1939.|F <fe A 80*2
79*2 Mar.
Exten. <&Imp., 5 g ........ 1929 F <& A 104*2 104*2 Mar. 108% Jan.
Debent.U., series B .......1939 J <fc J 43 b. 42 Feb.
M. K. <fe T.—1st 4s, g ........ 1990 J «fe D 805g
West Shore—Guar.. 4s.......2361 J <& J i035s :
79*2 Jan. 81*2 Feb.
2d 4s, g ............................ 1990 F & A 51%
46 s4 Jan. 543í Jan.
West. N. Y. <fePa.—1st, 5 g.1937 J <fe J 101
99 Jan.
Mo. Pacific—1st, con., 6 g.1920 M «fe N 107 *2b. 107 Jan. 108*4 Feb.
2 dmort., 3g., 5sc............. 1927 A <fe O 33%
32 Feb.
Sd,7s................................. 1906 M <fc N 114*i,b.112*2 Jan. 115 Jan.
West. Un. Tel.—Col. tr.,5s. 1938 J <& J 102*2 :
Pao. of Mo.—1st, ex., 4 g. 1938 F <fe A 97
97 Mar. 100 Jan.
Wis. Cent. Co.—1st, 5 g......1937 J «& J 91 b. 90 Mar.
2d extended 5 s _____ 1938 J & J 105
11023g Jan. !106 Feb.
36
36 Mar.
Income, 5 g ...................... 1937
N ote—“ b ” indicates price bid ; “ a ” price a s h e d ; the Range is made up from actual sales only.
* Latest price this week.
Highest,
116*2 Feb.
67 78 Jan.
129 Feb.
106 Feb
103*2 Feb.
126 Mar.
110 Feb.
12 2 *4 Feb.
115 Feb.
99 Feb.
114 Feb.
127 Jan.
110 Jan.
138*2 Feb.
105 Mar.
121 Feb.
107% Mar.
116 Jan.
104 Jan.
105 Feb.
119 Mar.
95 Jan.
95 Jan.
118*2 Mar.
116*2 Mar.
109 Feb.
80% Jan.
82 Feb,
103 Feb.
107 Jan.
11278 Feb.
112% Feb.
109*2 Feb.
6 6 % Feb.
104*2 Feb.
71*4 Jan.
1 1 1 * 2 Mar.
96 Feb,
107*4 Feb
110 Feb
108 Jan.
71 Feb.
90 Feb.
79 Feb.
72 Feb.
67 Feb.
84 Feb.
112 Jan.
85 Feb.
100 Feb.
72% Feb.
7938 Mar.
98*2 Mar.
10838 Jan.
1043g Jan
109*2 Feb.
108 Mar.
86*4 Jan.
114 Feb.
113*2 Feb.
110 Jan.
72*2 Jan.
37*4 Jan.
118*8 Mar.
121 Jan.
99*2 Mar.
89*4 Mar.
66*2 Mar.
65% Feb.
95*2 Feb.
108% Jan.
22 Jan.
1043s Mar.
115*2 Feb.
100*2 Jan.
104 Mar.
94 Feb.
935s Mar.
84 Jan.
33 78 Mar.
104 Feb.
110 Mar.
106 Feb.
7878 Feb.
97% Feb.
1123s Feb.
1 10 * 2 Feb.
74*2 Jan.
100 Jan.
111 Feb.
1 1 1 * 2 Mar.
108 Jan.
83*2 Feb.
77*2 Jan.
113*4 Feb.
85 Feb.
87 Feb.
106 Feb.
85 Jan.
50 Jan.
104 Feb.
101 Feb.
353s Feb.
104 Feb.
93*2 Jan.
42*2 Jan.
NEW YORK STOCK EXCHANGE PRICES—(Continued ).—INACTIVE BONDS—MARCH I I .
SECURITIES.
Bid. Ask.
Railroad Bonds.
(S tock E xch a n g e T ric es.)
Alabama Mid.—1st, g., 6 s __ 1928
90
Atlantic & Danv.—1st g., 6 s .. 1917 *713g
Aid. & Pac.—2d W. D.,gu. 6 s,. 1907
Bait. & Ohio—1st, 6 s, Park B.1919 117
5B, g o ld .................................. 1925 108*2
Oons. mort., g o ll. 5s............1988
SECURITIES.
B. * O. S. W., 1st, g., 4*»a...l990
Mon. Riv., 1st g., g. 5s.......1919
Oent’lOhio Reor.—1 st, 4 * «s.l9 3 0
Bost. H. Tun. <fe W.—Deb. 5s. 1913
Brooklyn Elevated—2d, 3-5S.1915
Buff. Roch. & Pitts.—Gen., ös.1937
Roch. <fe Pitts.—1st, 6 8 ......1 9 2 1
do
Consolidat’ d 1 st,6 s . 1922
Burl Ced.Rap. <&No.—Ist,5s.l906
Consol. <fc eollat. trust, 5s. ..1934
* No price Friday; these are the latest quotations.made this week.
Bid. Ask
SECURITIES.
Bid.
Burl. Ced. Rap.&No.—(Contin’d)—
Minn. <fe St. L.—1st, 7s, gu.,1927
iö ö "
Iowa C. & West.—1st, 7s__ 1909
98
100
Ced. Rap. I. F. <fe N., 1st, 6S.1920 1 0 0
91
1st, 5s................................ 1921
85
99 101
C.Ohio—Gol. &Cin.M.lst,4 *28 .19 39
117
Gent. RR. & Bank.—Col. g.5s.l937
80
116*4 117*2 Chat.Rome&Col.—Gtd g.5s.l937 *85
102%
Sav.«fe West.—lstcon.gtd.5s.1929 74
96 100
Gent, of N. J.—Conv. deb., 6s.1908 .......
Ask«
’103
___ rm
__ ra
95
90
92
74>*
......
THE
M arch 12, 1892,]
489
C H R O N IC L E
NEW YORK STOCK EXCHANGE PRICES.—INACTIVE BONDS—f Continued)—MARCH 1 1.
SECURITIES.
Bid.
Ask.
SECURITIES.
Bid.
Ask.
SECURITIES.
Bid.
Ask.
HHH'
ooo:
05 *"4•
139%
Pitts. Ft. W. <fc C.—2d, 7 s ...1912
<&Fla.—1st, g. 6s........1927
Central Pacific—Gold bds, 6s, 1895 106% ....... G
3d, 7s.................................. 1912 132
Rap. <&Ind.—Gen. 5s.. 1924
Gold bonds, 6s......................1896 108% ....... G
122%
123
100
Clev.
<
fe
P.—Cons.,
s.
fd.,
7s.1900
Gold bonds, 6s......................1897 109% ....... GHUH 3 . W. <fcSt. P.—3 st 6s. .1911
37
Gen. 4%s, g., “ A” ............ 1942 108
2d income, all subs, paid . . . . . . .
San Joaquin Br., 6s..............1900 100
112%
111
St.
L.V.
<
&
T.
H.—1st,6s.,
78.1897
104
....... H
Mort, gold 5s......................... 1939 *95
113%
2d, 7s.................................. 1898
Land grant, 5s, g.................. 1900 ........ L03
2d,
guar.,
7s.......................
1898
124
West. Pacific—Bonds, 6s__ 1899 108% ....... H
<feE.-Ind.B. <feW.-lst,pf.7s.1900 114
1st g., 5s (int. gtd)...............1937 104% 105% Peo.
No. Railway (Cal.)—1st, 6s.1907
Ohio Ind.«feW.—Istpref.5s..l938
Cons. g. 6s (int. gtd)............ 1912 101%
99%
50.year 5 s ........................ 1938
Peoria
<&Pek. Union—1st, 6s .1921 110 117
64
Gen.
g.
4s.(int.
gtd).........1
9
2
1
110 L10%
2d mortg., 4%s......................1921 *67%
Debent. 6s, prm. <fcmt. gtd.1897 *90
*118
Phila.
<
fc Read.—3d pref. convert.. *56%
71
Debent.
4s,
prin.
<
&
int.
gtd.1897
L05
Chea. Ö. <feSo. West.104% Pitts.C.C«feSt.L.—Con.g.4%sA1940
77
Ullinois Central—1st, g., 4s ...1951
93%
Pitts.
Cleve.
<&Tol.—1st, 6s... 1922
1st, gold, 3% s....................... 1951
103% L04
Pitts. <&L. Er.—2 d g. 5s, “ A” . 1928 108%
Spring!. Div.—Coup., 6s---- 1898 108
119%
Pitts.
Me.
K.
<fe Y —1st 6s.......1932
112
Middle Div.—Reg., 5s..........1921
L17
Louis. & Mo. River95
Pitts. Painsv. <fe F.—1st, 5 s .-.1916
C. St. L. <&N. O.—Ten. 1., 7s. 1897
Pitts.
Shen.
<
fe
L. E.—1st,g.,5s.1940
113%
112%
1st, consol., 7s....................1897
97%
93
Rich. <&Dan v.—Debenture 6s. 1927
2d, 6s.................................. 1907
L10
88
Equip. M. s. f., g., 5s............ 1909
Gold, 5s, eoupon............... 1951
Atl. & Char.—1st, pref., 7s.. 1897
97
Memp. Div., 1st g. 4s.......1951
do.
Income,
6s—
1900
Dub. <&S. C.—2d Div., 7 s ... 1894
104%
Ohic. Burling. & Q.—5s, s. f.
89
Rio Gr. Junct.,1st,guar.,g.,5s.l938
Ced. Falls & Minn.—1st, 7s. .1907 87% 90
105
Rio Grande So.—1st, g., 5 s ... 1940 85%
115 116
94% Il
94
38%
37
76
1925
St.
Jos.
<
fe
Gr.
Is.—2
d
in
c........
89
E
87
80%
Kan. C. «fe Omaha—1st, 5s.. 1927
98
E
97
Ohio <fe Indiana Coal104%
96
St.
L.
A.
<
fe
T.H—2d
pref.
7s..
1894
118 118% L
105%
2d m.inc. 7s.......................... 1894
L
123% 125
60
Dividend bonds...................1894 *55
Buff. <feEr.—New bonds, 7s.1898 116% 117
126 130
Bellev. <fe So. 111.—1st, 8 s ... 1890 110
Det. M. <feT.—1st, 7 s.. . ...... 1906 125
124
ï
i
ô"
119
Bellev.
<
fe
Car.—1st,
6s.........1923
117%
Lake Shore—Div. bonds, 7 s.1899
123 125
Chi. St.L. <&Pad.—1 st, gd. g. 5 s 1917
Mahon’g CoalRR.—1st, 5s. 1934 123
124 125
lst, I. «Ss D., 7s.......
84
*79
St.
Louis
So.—1st,
gd.
g.
48.1931
106
Kal. All. «feG. R.—1st gu. 5s.l938
126
lst,C . <SsM., 7s.......
do
2d income,5s. 1931 *70
lV.,N.Y.—1st gu.g.4%s.l940 101 % 102%
*128 ........ L
Car. «feShawt.—1st g. 4s. ...1932 *70
*109% 111
102 ........ I
St.Lou.«feSFr.—2d 6s,g., cl. A .1906 113%
98
1
123 127
100
100 ........ I __ _■Island—1st, 7 s .............. 1898 117 1173* Equip., 7 s ..............................l°9 5
101
General 5s..............................1631 94% 95
N. Y. «feR’ way B.—1st, g. 58.1927
*........ 120
32
1st, trust, gold, 5s.................1987 84
23
2d mortg., ino...................1927
*102 103%
Consol, guar., 4s.................. 1990 71%
Smithtown«&Pt. Jeff.—1st,7s 1901 103
*101
105
Kan. City <fe S —1st, 6s, g ...l9 1 6
*81
L
: 115 117
__
Ft. S. <feV. B.Bg. -1st, 6 s ... 1910 101
110
........ I
110
«w--l
St. Paul <feDuluth—1st,5 s ....1933
3 102 102% E. H. <&Nash.—1st 6s, g ....l9 1 9 113
-1617 103 .........
2d mortgage 5s..........•
Pensacola Division, 6s........ 1920 107
) 114
|Mil. «&Nor. main liaeSt. Paul Minn <&M.—1st, 7s.. 1909
St. Louis Division, 1st, 6s... 1921 116%
[ ........
118 119
60
2d
mort.,
6s..........-.
v
-........
2d, 3s.................................. 1980
107 ........
Minneap. Union—1st, 6s. ...1922
Leb. Branch Extension .. .1893
7 125
116%
Mont.
Cen.—1st,
guar.,
6
s
..1937
113%
Nashv. <&Decatur—1st,7s.. 1900
)*120 ........
Iowa Midland—1st, 8s__
1937 101%
1st guar. £• 5s...............
S. f.,6s.—S. <feN. Ala.............1910 100
3 125
102
East.
Minn.,
1st
div.
1st
5s.1908
10-40, gold, 6s......................1924
8 115 ........
97
San Fran. <feN. P —1st, g., 58.1919
7 ........
50 year 5s, g.,....................... 195T 101%
Win. «Ss St. P.—2d,
80
75,
Sav.
Amor.
<
fe
Montg.—1st
6s.1919
Pens. <&A t.- 1st, 6s, gold. ..1921 103 105
5 112%
Mil. «Ss Mad.—1st,
100
South
Carolina-2
d
,
6s---...1931
102
%
Collat.
trust,
5s,
g
...............
1931
9 104%
Ott. C. F. «fe St. P.
So. Pac. Coast—1st, guar.,4s.1937
0 *104% . . . . . . I ,ou.N.Alb.<&Ch—Gen.m.g.5s.l940
Ter.RR. As’n of St.L.-1st,4%s.l939
5 "77 ........ I iOU. N. O. <&Tex.—1st, 4 s ....1934 *85
Texas Central—1st,s. f., 7 s ...1909
2d mort., 5 s ........................1 9 3 4
55
1st mortgage, 7s. . . . . . . . . . . . 1911
Extension, 4s...............
5 ____ ........ I cuis. St. L. <fcTex.—2d g, 6s. .1917
Texas «feNew Orleans—1st,7s.1905 110
*85
Keokuk <feDes M.—1st, 5
3 95% 100% I
Sabine Division, 1st, 6 s.....19 1 2 104 . . . . . .
99
8 123 ........ I
Tex. <fe Pac., E. Div.—1st, 63.190o
1st con. Tenn lien, 7s.......... 1915
9 123 124
Third
Avenue (N.Y).—1st 5s, 1937 111
9 ........ ........ 1 [exioan National—1st, g., 6s.1927
91% 93%
Tol. A. A. <&Cad.—6 s .............1917
2d, income, 6s, “ A” .............1917 '38
2 ........
95
Tol.
A.
A. <&Mt. PI.—6s..........1919
(Jin Ham. «fe D.—Con. s. f.,
5 *124
Tol. A. A. <&N. M.—5s, g ......l9 4 0 *87% 88
Coupon, 5s............................. 1931
7 *95
100
Ulster
<
&
Del.—1st,
con.,6.,5s.1928
Mortgage 4s......................... .1940
6 ........
103% Union Pacific—1st, 6s.............1896 107%
Clev. A i. <&Col.0 89 ........ HI.L. S.&W.—Conv. deb., 5 s.1907
1st, ........................................1897 109%
Mich. Div., 1st, 6s................ 1924 125
9 90
1st, 6s....................................1898 110%
120
Ashland
Division—1st,
6s
..1925
0 *90
St.Lou.Div.—lstci
Collateral Trust, 6s............. 1908 101
112 117
Incomes................... ............
8pring.<&Col.Div.0 ........
Collateral Trust, 5s............. 1907 *82
117%
Iinn.«fe St. L.—1st, g. 7s........ 19-^
0 ........
Kansas Pacific—1st 6s, g...1 8 9 o 106%
Iowa Extension, 1st, 7s.......1909 115
6 ....... 96
1st, 6s, g . . .......................... 1896 108% .mm*
"73
Consol, 6s...........
2d mortg., 7s.........................1891
0 ........
C. Br. U. P.—F. c., 7s.......... 1895 100 ___
115
Southwest Ext.—1st, 7s...... 1910
dn.San.&Cl —Coi
8 107%
Atch.
Col. <fePae.—1st, 6s... 1905 83 . . . . . .
Pacific Ext.—1st, 6 s ............ 1921 98
01. Col. Cin. <feInd.—
9 116
Atch. J. Co. <fc W.—1st, 6s... 1905
Impr. & equipment, 6s........ 1922 *70 "7 1
Consol, sink, fund
4 ........
84
U.
P.
Lin.
<fe Col.—1st,g., 5s. 191# 80
linn. <fePae.—1st mortg., 5s.1936
Oleve. «fe Mab. Y.—(
8 105
Oreg.8.L.«feU.N.,col.trst.,5s.l919 77
linn.S. Ste. M. <&Atl.—1st, 5s.1926
Colorado Midland—
6 106 112
112
108
Utah
<
&
North.—1st,
7s........
1908
linn.St.P.&S.S.M—lstc.g.4s.l9
Columbia <fe Green.6 ........
85 ___ 9
Gold, 5s...... ....................... 1926
lo.K.«feT.—K.C.«feP., 1st, 4s, g.1990
6 ........
Utah Southern—Gen., 7 s ... 1909 104% 106
Dal. <fe Waco—1st, 5s, gu..,.1940
2
Exten., 1st, 7s.................. 1909 102% 105
7
Ï3Ï% lissouri Pacific—Trust 5 s ... 1917 *80% 81
Valley R’y Co. of O.—Con. 6s.l921
1st coll., 5s, g ....................... 1920
6 *141 142
Wabash—No.
Missou—1st, 7s.1895 *107
106
*105%
St.L.«feI.
M
.-Ark.Br.,lst,7s.l895
4 ........ 142
St.L.K.C.«feN.—R.E.«feRR.7s.l895 104 ____
114%
lobile <fc Ohio—1st ext., 6s... 1927
0 *114
St.
Charles
Br’ge—lst,6s... 1908 109 110
*82
St. L. <fe C airo—4s, guar.......1931
1 123%
’
, _ t — m 1nt «a
1QOA 109 110
West. Va. C. <&Pitts.—1st, 6s. 1911
5 137% Ì 3 8 "
Wheel.&L.E.—1st. 5s, g o ld ...1926 106
*123
...............
1918
1st, 7s.
4 110% 111
94
Extension <&Imp, g., 5s...... 1930
-2d, 6S..1901
7 137 144%
M is c e lla n e o u s B o n d s .
6 *130
Amer. Water Works—1st 6 s ..1907
6 121 124
1st cons. 5s, g —
i. Y. Cent.—Deb. g. 4s. ....1 9 0 5 100%
Rens. «fe Sar.1 *143 145
Cahaba Coal M m —1st g. 7s.. 1907 Ï0*8*‘ 112*"
102*N.
J.
June—Guar.
1st,
4
s
...
1986
8 98*5 ........
Chic.Jun.&S.Yds.—Col.
t.g, 5s, 1915
Beech Creek—1st, gold, 4s.. 1936 101
Denv. «fe R. G.—Im j
8 *80
Ì08* * Colorado Fuel—Gen. 6 s ........ 1919 102
E. Tenu. Va. <&Ga.>0 111
Col. <&Hock. Coal<&I.—6s,g.. 1917 95
¡0 104%
106%
Consol’n Coal—Convert. 6s... 1897
59% 62
2d ........................................ -.1927
Î7 *62
72
87%
82% Cons. Gas Co., Chic.-lst gu.5s.1936 87
81
1. y ’. Susq. «fewest.—2d, 4 % s.l9 3 7
JEq.«felmp.,g.,5s.
t8 .......
86% 87% Denv. C.Wat.Wks.—Gen.g. 5S.1910
Gen. m ort., 5s, g . . . . . . — ..1 9 4 0
Mobile <&Birin.—
(7 .......
Det.Un.Depot«fe8tn—1st
g.
4S.1938
forth’n P a c i f i c — D ivid'd scrip ext *103
Alabama Central
.8 .......
i"ôi% Edison Elec. HI. Co.—1st, 5s.1910 *102 103
J ames R iver Y al.—1st, 6s.. .1936
Erie—1st, extended
>7 115 116
Spokane <fc Pal.—1st, 6 s ... . .1936 100 100% Equitable G. <&F.—1st 6s.......1905 106% 100
L9 113
Henderson Bridge—1st g. 6S.1931
122
.........
118
St.Paul «fe N. P.—Gen., 6 s.. 1923
¡3 107
Hoboken Land <feImp.—g. 5s. 1910
Helena&RedM ’n—lst,g ., 6 s .1937
JO 114%
Mutual
Union
Teleg’h—6s,
g.1911
107%
103
101%
Duluth&Manitoba—lst,g .6 sl9 3 6
58 101 tí 102
98 101% Nation’l Starch Mfg.—1st, 6s,1920 102% 103%
Dul.«feMan Dak.Div.—Ist6s.l9 37
1st, cons., fd. coup., 7s...
50 *130
Northwestern Telegraph—7«, 1904 *103% ____r
Cœur d’ Alene—1st, 6s, g old.1916
)8 .......
People’s Gas <feCoke >1st g.6s,1904 105 .........
100
Gen. 1st, g ., 6 s. . . . . . . . . . . . . 1938
l6 *135
Co., Chicago........ > 2d g. 6s,1904 101% 102
Cent. W ashington—1st,g.,6s.l938
N.Y. L. E. <&W.52 *110 114
Peoria Water C o —6s, g..........1919 100 ___
>9 92% ........ Norf. <fe Southern—1st, g., 5 s .1941
Pleas.
Valley Coal—1st g. 6s. 1920 97% 101
N orfolk <&West.—General, bs.1931 120
)8 .......
Proctor <fe Gamble—1st,g., 6s.1940
Jefferson—3
New R iver, 1st, 6 s ................ 1932 117
)9 104
West.
Union
Tel.—7 s ... 1875-1900 ï i é " fü T "
Coal <&R R Im p. <&E xt., 6 s . . . . . .............. 1934 117
52 .......
Wheel.L.E. <&P.Coal—lst,g. 5s. 1919 84
85
Ad)ustm ent M., 7 s ................1924
51 122k ......
U
n
lis
te d B o n d s .
Equipm ent, 5s.. . ........
ivOo
53 112k
Ala.«feVicks.-ConsoR5g.,1921.A<&0
95
92
94%
93%
C
linch
Val.
1st
5
s
...
.
.
.
.
.
.
.
.
1
9
5
7
Sul. Co. Branch30 .......
2d M., income till’ 9 4 ,1921..A«feO
80%
79
Scioto Val. «fe N. E .-ls t ,4 s ,.1 9 9 0
Evans. <feIndian.56 . . . . .
102
Vicks.
<
&
Merid.,lst
6s,1921.A«feO
99
120
Ohio <&M iss— 2d consol. 7 s ... 1911
Flint «feP. Marq.—:
50 *122
Atlanta <fc Chari.—1st 7s,1907.J«feJ 118 120
S p r in g .D iv .—1st 7 s............... 1905 113
1st con. gold, 5s.
39 *....... 100
26%
Comstock Tun.—Inc.4s, 1919.M«fcN 24
Port Huron—lsl
General 5
s . . ............
39 102
103%
Georgia Pac.—1st 6s, 19 2 2 .... J«feJ
Ohio R iver R R .—1st, 5 s.......... 1936
Fla. Cen <fePen.—:
L8 .......
64
Consol.
5
g.,
1923.................
A«feO
95
Q.0U
cr
5s
.
.
.
.
.
.
.
.
.
•••••••■
.li/O
i
F t Worth <fc R. G.58 .......
18
Income 5s ........ — ...................
Ores. Ry«feNav.—C ol.tr. g ..5s.l919
Gal. Har. <feSan Ai
LO *98
Little
R.«feMem.—
1st
5g,1937.M<&8
75
73
Penn RR.-P.C.«&8.L.-lst,c.,78.1900
Gal. H.«fcS. A.—2d
95 *.......
Mem.«feCharl.—Cons.7 g.,1915.J«feJ 112 117
13838
Pitts.
Ft.
W.
«fe
C.—1st,
7
s
...1
9
1
"
31 .......
■ r*
* No pries Friday; thèse are tne latest quotations made this week.
440
THE CHRONICLE.!
L a test E a rn in g s R ep orted
Ittxrjeslm jetit
R oads.
AND
fE tailraad ftwienigjettxe.
The I n v e s t o r s ’ S u p p l e m e n t , a pamphlet of 150 pages
'Contains extended tables of the Stocks and Bonds of Bailroads, and other Companies, with remarks and statistics con
cerning the income, financial status, etc., of each Company.
It is published on the last Saturday of every other month—
viz,, January, March, May, July, September and November,
and is furnished without extra charge to all regular sub
scribers of the C h r o n ic l e . Extra copies are sold to sub
scribers of the C h r o n ic l e at 50 cents each, and to others at
$1 per copy.
The General Quotations of Stocks and Bonds, occupying
8lx pages of the C h r o n ic l e , are published on the t b i r d
S a t u r d a y of each month.
RAILROAD EARNINGS.
L a test E a rn in g s R eported.
R o ad s.
W ee k o r M o
1891-2.
1890-1.
Jan . 1 to L a test D ate
1891-2.
1890-1.
$
$
Allegheny Val. January... 177,557 198,016
177,557
198,016
Atch.T. &8.Fe. 4th wk Feb 573,564 495,978 4,776,000 4,419,484
Hall ow ned... 4th wk Feb
30,603
260,992
19,005
226,914
. Total system 4th wk Feb 604,168 514,983 5,036,991 4,646,397
StL.& SanP.. 4th wkFeb 168.682 141,166
986,502
953,254
Half owned.. 4th wk Feb
29,946
18,434
255,886
221,951
Tot.8.L.&S,F 4th wkFeb 198,628 159,599 1,242,388 1,175,204
Agg. t o t a l.. 4th wkFeb 802,796 674,583 6,279,379 5,821,601
Atlanta* Char.’ November.
72,192
74,228
Atlanta & FI or’ a December.
15,593
119,530
14,503
130,78!
Atlanta & W.Pt. January...
36,879
52,712
36,879
52,71!
B.&O.EastLines January... 1,522,816 1,445,985 1,522,816 1,445,98!
Western Lines January... 528,112 457,468
528,112
457,46!
T o ta l.......... January... 2,050,928 1,903,453 2,050,928 1,903,45!
Bal. * 6 . Southw. IstwkMch
52,126
44,263
464,491
399,64!
Bath & Ham’nds October...
4,453
5,727
22,391
21,57!
Bir. & Atlantic. February..
3,304
4,211
6,063
9,86Bir. Sh. & Tenn.E December.
19,199
14,844
211,879
189,84(
Bnff.Roch.&Pitt IstwkM ch
43,375
49,315
505,649
421,09!
Bar. C.Rap. &N. February.. 336,497 265,851
668,308
517,58!
Camden & Atl... January...
33,676
40,246
33,676
40,24<
CanadianPaCiflc IstwkM ch 365.000 317.000 3,430,102 3,020,71!
Op.F’r&Yad.Vai December.
42,590
46,103
583,357
555,20!
Car.Cum.G&Ch. November.
3,898
3,484
41,429
26,77!
Car. Midland... November.
7,370
5,176
Central of N. J .. December. 1,155,408 1,176,896 14,201,767 13,663,721
Central Pacific.. November. 1,401,127 1,390,900 15,504,798 14,683.52!
Central of S. C.. November.
9,855
8,303
94,223
103,47:
Char.Cin. &Chic February..
13.500
14,197
23,720
27,11!
Charlest’n &8av January...
62,864
77.415
62,864
77,41!
Char. Sum.&No. February..
16,721
10.843
27,668
21,38<
Chatt’n’ gaU ni’n October...
8,852
10,179
83,712
96,74!
Oheraw. & Dari. December
8,399
11,645
103,596
110,30!
Cheraw.&Salisb November.
2,505
2,566
23,504
22,72'
Ches. & O hio.,.. 4th wk Feb 209,684 174,221 1,407,135
Ohes.O. &S. W. December. 202.781 209,932 2,339,016 1,277,73'
2,161,68*
Chic. Bur. & No. January... 150,07^ 164,800
150,077
164,80!
Chic. Burl. & Q. J anuary... 3,008,799 2,329,830 3,008,799 2,329,83!
Ohio.* East. 111. 4th wk Feb
72,169
73,999
601,226
575,23!
Chicago & Erie. January... 238,056 188,876
238,056
188,87!
Chlo.Mil. & St.P. IstwkM ch 627,303 461,558 5,352,322
Chic. &N’thw’n. January... 2,236,702 1,893,406 2,236,702 4,286,74!
1,893,40!
Ohic.Peo.*S.L.t 4th wkFeb
28.651
21,346
202,517
155,92!
Chic. R’kI.&P... February. 1,321,438 1.022,872 2,613,983
2,120,35!
diic.St.P.&K.O. 4th wk Feb 126,573
72,146
720,301
551,94!
Ohie.8t.P.M.&0. January... 630,029 485,736
630,029
485,73!
Chic. & W. Mien. 4th wkFeb
43,237
30,144
259,549
229,291
Oin.Ga. & Ports. February..
4,274
3,702
8,816
8.20Ì
Oin. Jack & Mac. 4th wkFeb
14,443
14,341
103.762
117,35c
Cin.N. O. &T.P. 4th wk Feb 124.984 102,168
688.399
685,251
Ala. Gt. South. 4th wkFeb
52,730
43,632
314.239
307,864
N. Orl. & N. E. 4th wkFeb
35,872
24,740
210.399
193,381
41a & Vicksb 4th wkFeb
19,645
15,308
114.763
109,80!;
Vicxs. 8h. &P 4th wkFeb
19,754
20,011
110,881
110,89?
Erlanger Syst 4th wkFeb 252.985 205,859 1,438,681 l,407,19f
Oinn.Northw’n. February..
1,588
2,116
3,069
3.681
Cin. Ports. & Y. February..
16,559
13,472
31,065
30,14€
Col. & Maysv. February..
1,016
860
1,787
1,531
dn.Wab.&Mich. February..
60,887
43,414
113,044
87,488
Olev.Akron&Col 4th wk Feb
18,960
16,559
136,315
133,908
d e v . & Canton. December.
55,838
54,110
718,558
581,013
d.Cin.Ch.&S.L, 4th wkFeb 315,239 248,857 2,093,764
2,063,492
Peo. & East’n. 4th wkFeb
42.972
30,224
281,292
237,606
d e v . & Marietta February..
23.781
21,577
49,416
51,629
Color. Midland. 4th wk Feb
50.972
41,045
322,445
310,812
Col. H. Y. & Tol. February.. 222,366 180,574
473,115
385,618
Col. Shawnee&H 4th wkFeb
11,466
7,492
104,963
63,203
Colusa & Lake.. February..
1,550
1,930
2,975
3,671
Conn. R iver___ January...
78,151
81,965
78,151
81,965
Current R iver.. 3d wk Feb.
2,281
2,483
14,087
23.402
Denv. & Rio Gr. IstwkM ch 148.000 126.000 1,549,642
1,311,628
Des Moin. & No. December.
12.130
10,394
131,769
120,139
Des M. No. & W February..
33,635
25,819
63,911
47,433
Det.Bay C.&Alp February..
29.500
42,351
58,500
89,273
Det.Lans’g&No 4th wk Feb
26,567
20,463
170,902
169,692
Duluth S.S.&a u IstwkMch
35,640
27,150
297,422
258,559
Duluth & Winn. February..
10,717
5,398
21,345
10,782
E.Tenn.Va.&Ga. 3d wkFeb. 141,446 156,996 1,009,375 1,223,324
Elgin Jol.&East. February..
62,953
49,666
127,609
95,963
Ellz.Lex.&B.S... December.
775,787
816,330
Evans. &lnd’piif- 4th wkFeb
" *5,713
55,907
49,956
Evansv. & T. H. 4th wkFeb
24,584
186,397
180,630
Fitchburg.......... January...
536,067
531.240
536,067
Flint. &P. Mara. 4th wk Feb
55,973
493,883
480,301
Florence........... November.
3,688
41,046
37,919
Flor. Cent.* P. December.
143,124 1,497,306 1,212,437
Ft. W. & Rio Gr. 4th wk Feb
4,149
44,037
33,261
Ga. Car’la * No November.
9,013
1110,405
61,986
Georgia RR...... January...
193,088
116,751
193,088
Geo. So. & Fla.. February..
59,785
123,838
123,159
Georget’n&W ’n November.
3,335
37,960
35,807
Gr.Rap. & In d .. 4th wk Feb
45,048
358,900
333,905
I Voi. I,1V,
Week o r Mi
1891-2.
1890-1.
J a n . 1 to L a test D a te.
1891-2. f 1890-1.
G.Rap.
$
*
9
Cin.R.* Ft. W 4th wk Fel
11,678>1
8.71C
70,13i’>■
65,006
Other lin e s .. 4th wk Fet
5,658
5,104
32.478
32,251
Total all lines 4th wkFeb
72,698
58.862
461.514
431,162
Grand Trunk.. Wk Mar. 5 374,65C 324,54] 3,087,667
2,976,195
Chic & Gr.Tr Wk Feb.27
72,46?
73,163
587.515
574,465
Det.Gr.H &M Wk Feb.27
25,61C
20,239
168,670
158,657
Great North’n St. P. M. & M February.
868,608 534,337 1,667,554 1,189,199
East, of Minn ¡February..
57,906
40,614
119,988
81,257
Montana Cent February.
86,531
81,075
183.606
179,274
Tot. system February. 1,013,045 656,026
1,971,147
1,449,730
Gulf & Chicago January...
2,479
3,359
2,479
3,358
H ousatonic.... November. 125,107 125,578
1,425,482 1,441,996
Humest’n&Sher February..
13,000
12,247
27,800
25,979
Hutch.&South’r February..
7,332
6,200
13.479
12,610
Illinois Centr’l . January... 1,502,589 1,516,182 1,502,589
1,516,182
Ind.Dec.&West. February..
37,468
33,232
81,661
73,477
In. & Gt.North’u 4th wk Feb
84,636
82,102
562,034
572,235Interoc. (Mex.). Wk Feb.20
42,488
Iowa Central... IstwkM ch
31,793
25,380
352,717
298,780
Iron Railw ay... February..
2,383
2,628
4,685
5,931
J’k’nv.T.&K.W. January...
86,155
79,165
86,155
79,165
Kanawha&Micb 4th wkFeb
8,310
3,879
50,408
43,586
Kan. C. Cl. &8p. 3d wk Feb.
5,871
5,659
39.400
42,106
K.C.F.S. &Mem. 3d wk Feb.
92,671
85,875
616,934
700,115
K. C.Mem. &Bir. 4th wkFeb
27,441
27,503
205,356
201,190
K eokuk* West. 4th wkFeb
8,787
8,173
63,484
60,253
L. Erie All. & 8o February..
6,398
12,501
4,809
10,410
L. Erie & West . 4th wk Feb
74.774
54,342
546,400 -476,192
Lehigh* H ud.. February .
31.135
27,654
59,240
59,455
L. Rock & Mem. 3d wk Feb.
14,723
14,759
100,734
118,27»
Long Isla n d .... Istw k Mch
63,891
59,725
527.967
509,817
Louis.&Mo.Riv. December.
38,293
30,258
480,298
415,213
Louis.Ev.&St.L. 4th wkFeb
29,438
153.967
24,038
225,991
Louisv. &Nashv. 4th wk Feb 490,420 401,976 3,352,704 3,120,296
Louis. N. A&Ch. 4th wkFeb
64,299
48,922
422,917
381,687
Louisv.N.O. * T . IstwkM ch
62,910
67,662
767,260
736,76»
Lou. St.L.&Tex. IstwkM ch
11,890
7,720
78,904
123,688
Lynchb. &Dur’m January...
10,789
10,591
10,591
10,789
Memphis & Chas 4th wkFeb
46,217
293,542
261,898
41,339
{Mexican Cent... Istwk Mch 131,034 120,618 1,329,543 1,211,786
{Mex. National. 4th wkFeb
87,066
683,874
634,394
87,939
{Mexican R’way Wk Feb. 27
67,326
670,322
93,011
519,057
Mil.L.Sh.* West 4th wk Dec
72,118
64,495 3,527,714 3,848,568
Milwaukee &No IstwkMch
27,401
266.930
30,183
275,223
MineralRange.. February..
10,100
20.400
8,227
18,132
Minneap.&St.L. February.. 150,832 112,379
222.079
277,757
M. St.P. &8.8.M. February.. 190.000 135,511
286,185
404.000
Mo.Kan. & Tex. ¿>4th wk Feb 193,960 139,223 1,247,750 1,321,65»
Mo.Pac.&IronM IstwkM ch 461.000 427.000 4,672,885 4,251,993
Mobile & Birm .. November.
30,240
243,060
256,364
28,844
Mobile & Ohio.. February.. 304,478 287,095
610,180
586,404
Monterey&M. G. February..
87,041
148,103
164,934
74,698
Nash.Ch.&StL.c January... 397,878 357,713
357,713
397,878
N. Jersey &N.Y. December.
24,268
265,400
293,892
21,345
New Orl. & So’n February..
11.288
30,276
24,430
12,261
N. Y. C.& H .R.. February.. 3.208,234 2,732,996 6,272,585 5,740,848
RomeW. & Og. February.. 297,181 287,389
598,374
554,691
Tot. both rds. February.. 3,505,415 3,020,385 6,827,275 6,339,222
N. Y. L. E. & W. January... 2,186,570 2,172,279 2,186,570 2,172,279
N. Y. Pa. & Ohio December. 651,807 615,258 7,119,650 7,279,724
N. Y. & N .Eng.. December. 500,014 482,779 6,229,030 6,029,127
N. Y. &North’n. February..
39,832
75,279
32,742
65,967
N. Y.Ont & W.. 4th wkFeb
66,954
417,456
52,793
408.079
N.Y.-Susq. & W.. January... 113,932 115,088
113,932
115,088
Norf. & South’n. January...
29,896
29,986
Norfolk* West.. IstwkM ch 187,480 150,060 1,601,955 1,436,889
N’theast’n (8. C.) November.
52,710
634,110
658,468
52,307
North’n Central. January... 549.910 495,561
495,561
549,910
Northern Pacific Istw k Mch 416,122 384,884 3,421,438 3,607,004
Wis. Ct. Lines. IstwkM ch
98,047
782,468
847,763
84,246
N.P.& W.Cent. Istw k Mcb 514,169 469,130 4,269,201 4.389.472
Ohio & Miss....... 4th wk Feb
59.551
694,149
634,177
55,856
Ohio River........ 4th wk Feb
11,925
86,347
90,051
8,954
Ohio Southern.. February..
53,736
96,083
117,397
44,263
Omaha & St. L .. December.
56,034
606,671
507,919
50,585
Oregon Imp. Co. January... 295,778 308.361
308,361
295,778
Pennsylvania .. January... 5,019,741 5,312,475 5,019,741 5,312,475
PeoriaDec.&Ev. 4th wk Feb
19,430
141,891
134,606
17,045
Petersburg....... January...
37,559
37,559
43,147
43,147
Phila. & Erie... January... 359,675 352,602
352,602
359,675
Phila. & Read’g. January... 1,727,214 1,712,090 1,727,214 1,712,090
Coal & Iron Co. January... 1,532,041 1,443,761 1,532,041 1,443,761
TotalbothCos. January... 3,259,255 3,155,851 3,259,255 3,155,851
Pitts. Mar. & Ch. February..
3,138
6,164
3,159
6,791
Pitt.Shen.&L.E. December.
30,794
262,295
337,440
22,815
Pittsb. & West’n November. 122,636 127.362 1,355,320 1,357,694
Pitts.Clev.&T. November.
44,279
452,184
45,680
450,407
Pitts.Pain.&F. November.
27,512
26,564
269,184
284,798
Total system1IstwkM ch
39,524
36,532
379,462
335,837
Pitt.Young.*A. January...
78,969
58,808
78,969
58,808
Pt. R oy a l* Aug. November.
28,214
28,523
302,36»
331,823
Pt.Roy .& W.Car. November.
37,055
369,424
363,822
39,525
Pres.A-Ariz.Cen. December.
9,567
11,088
139.443
134,595
Quincy O.&K.C. February..
24,647
49,604
42,150
19,670
Rieh.&Danville. January... 432.900 526,900
526,900
432.900
vir. Midland.. January... 141,500 183.300
141,500
183.300
Char. Col. &Au. January...
68.500
95,700
68.500
95,700
Col. & Greenv. January...
71,600
90.900
90,900
71,600
West. No. Car. January...
63.500
82,500
63.500
82,500
Georgia P a o.. January... 182.900 168.300
182.900
168.300
Wash.O.& W.. January...
9,720
9,900
9,720
9,600
Ashv. & Spart. January...
11,700
14.000
14,000
11,700
Total Sys’m. 4th wk Feb 203,120 211.610 2,088,900 2,279,490.
Rich. & Petersb. January...
24,243
25,368
24,243
25.368
Bio Gr’de South. 4th wkFeb
11,270
2,546
83,093
24,550
Rio Gr. West... 1th wkFeb
55.000
48,150
843,926
346,52»
8ag.Tuscola&H. February..
6.762
6,880
13,834
13,194
Bt.L.A.&T.H.B’s 4th wkFeb
26,600
29,260
229,921
220,960
3t.L. Southw’rn. IstwkMch
69.900
79,800
786.443
767,316i
3t. Paul&Dul’tb February.. 132,623
95,140
254,025
185,839
3.Ant.*Ar.Pass. 4thwk Oct
45,941
54,158
3. Fran.&N.Pao. 4th wk Feb
12.785
17,734
107,655
101,236
3av. Am. & Mon. February..
41,355
37,982
82,702
73,018
3av.Fla. & West. December. 315,691 359.044 3,288,862 3.038.473
Silverton.......... February..
3.763
nil.
6,230
10,788
Sioux C ity* No. Tanuary...
33,949
35.000
35.000
33,94»)
So. Pacific Co.—
Gal.Har.&S.A. December. 387,005 334,922 4,517,589 4,285,678
Louis’a West.. December. 104,868
87,536 1,061,676 1,160,331
Morgan’ sL&T. December. 699,922 753,170 5,782,831 5,800,831
N .Y.X.&M ex December.
24,650
22,729
226,629
241,679
fex. & N. Orl December. 151,156 136,121 1,674,509 1,871,817
Atlantic sys.d. December. 1.391.719 1,334,478 13,439,736 13,487,242
Pacific system Deoember. 2*742,000 2,676,217 37,009,518 34,865,262
Total of an. December. 1.133.720 1,010.695 50,449,255 48,352,504
March 12, 1892.]
ROXD8.
THE
L a test E a r n in g s R ep orted.
W e e k o r M o 1891-92.
1890-91.
C H R O N IC L E .
m i
J a n . 1 to L a test L a t e
1891-92.
1890-91.
$
$
00, Pao. RR.—
Coast Div. (Cal; December. 170,154 149,380 2,345,665
So. Div. (Cal.) December. 616,594 456,854 6,934,159
Arizona D iv.. December. 156,969 150,385 2,028.689
New Mex. Div. December.
78,492
73,362 1,049,260
0 oath Carolina . February.. 156,800 176.916
270,670
flpar. Un. & Col. November,
12,662
12,180
123,036
Staten Isl. R. T. February..
58,000
113,390
57,128
BtonyCl.ACMt.. January...
1,107
1,107
1,107
Bammit Branch. January...
92.123 113,887
92,123
113,887
Lykens Valley January...
74,786
74,116
74.116
74,786
Tot’l both Co’s January,
166,239
166,239 188,672
188,672
Tenn. Midland.. February..
15,758
28,418
12,628
30,057
Terre H. A Peo. Septemb’r.
268,646
34,571
Texas A Pacific. 4th wk Feb 167,697 137,328 1,091,906 1,121,678
Tex.8.Va)AN.W. February..
4,355
3,195
7,945
6,348
ToLA, A.AN. M. February..
70.054
75,793
154,114
144,310
Tol. Col. & Cin. IstwkM ch
5,864
52,550
5,751
54,507
Tol.& Ohio Cent. IstwkM ch
24,237
21,981
238,257
223,039
Tol. P. & West.. 4th wk Feb
19.124
18,083
171,706
143,955
Tol. St. L. AK.C. Istw kM ch
38,958
32,110
359,476
263,555
Tol. A So. Haven January...
1,532
1,532
1,713
1,713
Ulster A Del___ December.
26,172
23,506
386,788
369,754
UnionPaoiflo—
Or.S.L.AU.N. December. 611,396 606, 120
574,457 7.488,032
Or.Ry.AN.Co. December. 398,644 485, 494
673,172 4,954,712
Un.Pac.D.AG. December. 443,184 504, 929
746.964 5,783,135
St.Jo.AG’dIsl. 4th wk Feb
19,590
178,611
104,131
11, 787
All oth. lines.. December. ,975,302 1,536, 931
721,332 23,569,778
Tot.U.P.Sys. December. ,583,204 3,196, 341
699,583 43,049,219
Oent.Br.AL.L. December. 120,243
55, 579
894,161
974,472
Tot. cont’led December. ,703,447 3,251, 920 43 593,748 44,023,720
Montana Un.. December.
82, 192,
89,685
754,930
958,964
Leav.Top. A S. December.
,2, 124
2,288
30,165
30,993
Man. Al.A Bur. December.
3. 729
2,868
40,871
39,006
Joint.ovm’d,.. Deoember.
94,841
88, 045
825.965 1,028,963
Grand total. December. ,750,867 3,295, 942 44 006,731 44,538,203
Vermont Valley January...
12, 495
12,303
12,303
12,495
Wabash.............. IstwkM ch 246,000 238, 000
,462,010 2,177,483
Wab. Chest. AW. October...
7,431
7, 088
57,073
51,782
West Jersey...... January...
93, 089
83,869
83,869
93,089
W.V. Cen. APitts. February,.
82, 124
81,752
163,028
173,900
West Vir. APitts. October...
22,761
161,059
12, 550
93,033
Western oi Ala. January...
39,822
61, 531
39,822
61,531
West.N.Y. &Pa. 4th wk Feb
71,700
53, 600
517,304
533,750
Wheeling & L. E. IstwkMch
20, 223
22,389
217,659
200,066
Wil. Col. & Aug. November.
82, 091
82,706
856,609
886,028
Wrightsv.ATen. January...
5,427
9, 100
5,427
9,100
Kanes. A Ohio... lstw k Sept
3,607
3, 419
98,586
101,224
* Figures cover only that part oi mileage located in South Carolina
t Earnings given are on whole Jacksonville Southeastern System
b Kansas City A Pacific included in both years, c Western A Atlan
tic included in January, 1892, but not in 1891. d Includes earnings
from ferries, etc., not given separately, i Mexican ourrenov.
4th w eek o f F eb ru a ry .
Int. A Gt. Northern.........
Kanawha A Michigan___
Kansas C. Mem. A Birm.
Keokuk A Western..........
Lake Erie A Western___
Louisville A Nashville...
Louis. N. Albany A Chic.
Louisville N. 0. A Texas.
Louisville St. L. A Texas.
Memphis A Charleston...
Mexican National...........
Mexican Railway............
Mo. Kansas A Texas.......
New York Ont. A W est...
Ohio River........................
Rich. A Danv. (8 roads)..
Rio Grande Southern___
Rio Grande Western.......
St. Joseph A Gr. Island..
St. L. Alt. A T. H. Brches.
San Franoisco A No. Pac.
Texas A Pacific...............
Toledo A. A. A No. Mich.
Toledo Peoria A Western
Western N. Y. A Penn..
1892.
$
84,636
8,310
27,441
8,787
74,774
490,420
64,299
97,654
14,225
46,217
87,066
67,326
193,960
66,954
11,925
203,120
11,270
55,000
19,590
29,260
17,734
167,697
23,096
19,124
71,700|
1891.
In crea se.
$
9
82,102
3,879
27,503
8,173
54,342
401.976
48,922
74,801
7,231
41,339
87,939
93,011
139,223
52,793
8,954
211,610
2,546
48,150
11,787
26,600
12,785
137,328
18,276
18,083
53,600
Total (87 roads)........... 8,484,232 6,962,259
............1
Net increase (2F86 p.'o.).^
............
2,534
4,431
614
20,432
88,444
15,377
22,853
6,994
4,878
54,737
14,161
2,971
8,724
6,850
7,803
2,660
4,949
30,369
4,820
1,041
18,100
1,568,204
1,521,903J
D ecrease.
$
62
•mmm
873
25,685
8,490
46,211
.......—
Net Earnings M onthly to Latest Dates.—The table fol
lowing shows the net earnings reported this week. A full
detailed statement, including all roads from which monthly
returns can be obtained, is given once a month in these
columns, and the latest statement of this kind will be found
in the Chronicle of February 20. The next will appear in
the issue of March 19.
-N et E a rn in g s.,---- Gross E a rn in g s .—
1890-91.
1891-92. 1890-91. 1891-92.
$
$
$
isapeakeAOhio.a.Jar . 70*741
154,970
152,765
654,664
July 1 to Jan. 31.. . 5,505,766 4,766,332 1,458,068 1,304,699
19,475
109,311
18,199
. 117,187
Clevel. A Canton. .b..Dec,
19,646
55,838
54,110
18,768
207,612
Jan. 1 to Dec. 31....
581,013
249,820
718,558
July 1 to Dec. 31....
404,519
334,639
141,747
125,578
16,646
Det. Lans. A North.aJan,»
11,043
83,971
86,649
27,304
Kan.C. Mem. ABir.aJan,.
99,487
18,815
106,355
207,684
181,275
July 1 to Jan. 31....
738,950
749,017
124,746
74,250
Louis v.N. O.ATex.b.. Jan1. 350,426
377,712
31,038
N. Y. Ont.AWest’na.Jan.. 201,289
211,800
22,987
400,076
July 1 to Jan. 3 1 .... 1,875,139 1,638,565
480,919
For the 1st week of March 23 roads have furnished their Northern Pacific.b.. Jan. 1,447,334 1,752,139
601,950
329,001
returns thus far, and these s how a gain of 14-80 per cent in the
July 1 to Jan. 3 1 ....15,698,867 16,199,754 6,684,146 7,120,702
aggregate.
105,740
65,397
Wis. Cent, lines.b..Jan.
353,850
371,720
July 1 to Jan. 3 1 .... 3,255,424 3,290,785 1,237,585 1,221,570
1 st w eek o f M arch.
1892.
707,690
1891.
In cr ea se.
Tot. bothCo.’ s.b..Jan. 1,801,184 2,123,859
394,398
D ecrea se.
July 1 to Jan. 3 1 ....18,954,291 19,490,539 7,921,732 8,342,273
$
$
$
$
16,531
18,400
45,051
50,532
Ohio R iver.b........... Jan.
Balt. & Ohio Southw.......
52,126
44,263
7,863
42,011
54,727
agon Imp. Co..a...Jan..
308,361
295,778
Buffalo Roch. A P ittsb...
43,375
49,315
5,940
95,647
95,009
Dec.
1
to
Jan.
3
1
...
593,616
651,424
Canadian Pacifiso..............
365,000
317,000
48,000
Chicago Milw. & St. Paul.
627,303
110,274
461,558
165,745
88.263
352,602
Philadelphia A Erie. .Jan.. 359.675
Denver & Rio Grande
148,000
126,000
22,000
344
2,047
a Fran. AN.Pac.i
48,970
41,776
Duluth So. Sh. A Atlantic
35,640
27.150
8,490
5,834
6,305
Jan. 1 to Feb. 2 9 ...
97,655
91,236
* Grand Trunk o f Canada.
374,650
324,541
50,109
189,305
229,414
July
1
to
Feb.
2
0
...
558,634
. 606,788
Iowa Central....................
31,793
25,380
6,413
208,906
222,000
994,852
W abash.b............... .Jan.. 1,128,160
Long Island.....................
63,891
59,725
4,166
.
9,035,430 7,979,228 2,422,969 2,226,953
July
1
to
Jan.
3
1
...
Louisville N. O. A Texas.
62,910
67,662
4,752
Louisv. St. Louis A Texas
11,890
7,720
4,170
— J a n u a r y 1 to D ecem b er3 1 .
Mexican Central.............
131.034
1890.
120,618
10,416
New Jersey A New York1891.
Milwaukee A Northern..
27,401
264,825
30,183
2.782
Gross earnings..........
291,542
Mo. Pacific A Iron M t...
461,000
427,000
265,330
34,000
287,713
Operating expenses.
Norfolk A W estern........
187,480
150,060
37,420
Northern Pacific.............
416,122
deL505
384,884
31,238
3,829
Net earnings..........................
Wisconsin Central lines
98,047
84,246
13.801
St. Louis Cape Gir. A Ft. SmithPittsburg A Western.......
39,524
36,532
2,992
165,807
174,612
Gross
earnings..........................
St. Louis Southwestern..
79,800
69,900
9,900
80,130
Operating expenses................
89,948
Toledo Col. A Cincinnati.
5,864
5,751
113
Toledo St. L. A Kan. City.
38,958
32,110
6,843
85,677
84,664
Net
earnings.............................
Wabash.............................
246,000
238,000
8,000
Sav. Fla. A Western.—
Wheeling A Lake E rie...
22,389
20,223
2,166
3,038,473
Gross earnings............................... 3,288,862
2,692,537
Operating expenses..................... 2,177,709
3,570,197 3,109,821
13,474
473,850
Net lnoreaae(14-80p.o.)
460.376
645,936
1,111,153
Net earnings............
* Week ending March 5.
,------- J u ly 1 to D ecem b er 31.------- >
1891.
1890.
For the 4th of February the gain is very heavy, in part be Missouri Kansas A Texas.—
...........
Gross earnings............................... 5,629,052
cause the month of February had an extra day this year. The
Operating exp en ses............
3,902,529
........
gain on the 87 roads below reaches $1,521,993, or 21’86 per
cent.
4th w eek o f F eb ru a ry.
1892.
9
Prev’lyreport’d (27roads) 4,420,882
Atchison Top. A S. F e ...
573,564
Roads j ’tly owned ¿a..
30,603
St, Louis A 8. Fran........
168,682
Roads J’tly owned
29,946
Balt. A Ohio Southwest’n
53,468
Chicago A Grand Trunx..
72.465
Chicago Peoria A St. L ...
28,651
Chicago St. P. A Kan. C..
126,573
Chicago A West Michigan
43,237
Gin. Jackson AMaekinaw
14.443
OLn.N. O. AT.Pac. (5 roads)
252.985
Cleveland Akron A Col...
18,960
Cleve. Cin. Chic. A St. L.
315,239
Peoria A Eastern..........
42,972
Colorado Midland............
50,972
Col. Shawnee A Hooking.
11,466
Detroit Gr. H. A Mil.......
25.610
Datroit Lans A Northern
26,567
Duluth S. S. A Atlantic...
39,615
Flint A Pere Marquette..
76,332
Grand Rapids A Indiana.
55.358
Cincinnati R. A Ft. W ..
11,679
Other lines.....................
5,658
Iowa Central....................
26.740
1891.
?
3,595,819
495,978
19,005
141,166
18,434
43,128
73,163
21,346
72,146
30,144
14,341
205,859
16,559
248,857
30,224
41,045
7,492
20,239
20,463
23,757
1 55,978
45,048
8,710
5,104
■ 35,301
In crea se.
$
826,305
77,586
11,598
27,516
11,512
10,340
7,305
54,427
13,093
102
47,126
2,401
66,382
12,748
9,927
3,974
5,371
6,104
15.858
20,354
10,310
2,969
554
D ecrease
1,842
R oads.
1,726,523
............
Net earnings..........................
,--------- J a n u a ry . --------. -— J u ly 1 to J a n . 31.—,
1892.
1891.
1891-92.
1890-91.
Nor. Pao. A Wis. Cent.—
$
$
$
$
Gross earnings............. 1,801,184 2,123,859 18,954,29119,490,539
Operating expense».... 1,406,786 1,416,16911,032,55911,148,265
Miscellaneous income..
394,398
145,061
707,690 7,921,732 8.342,273
320,533
71,137 1,051,095
Total net inooine........
539,459
1,108,645
778,827 8,972,827 8,662,806
985,558 7,689,151 7,118,993
698
Surplus or deficit.......df.569,186 df.206,731sr.l283,676sr.l543813
a Net earnings here given are after deducting taxes.
b Net earnings here given are before deducting taxes.
Interest Charges and Surplus.—The following roads, in
addition to their gross and net earnings given above, also
report charges for interest, &c., with the surplus or deficit
above or below those charges.
I n te r ’ t. ren ta ls, <£c.—. r -B a l. o f N et E a rn s.—*
R oads.
8,561
Chic. A West M ich...Jan.
Det. Lans. A Nor...... Jan.
Kan. City Mem. ABir. Jan.
July 1 to Jan. 3 1 ...
1891-2.
$
22,169
26,399
36,533
254,009
1890-91.
1891-2.
1890-91.
$
$
$.
23,574 def.3,970 def.4,099
26,399 def.15,356 def.9,753
35,671 def.17,718 def.8,367
248,746 def.72,734 def.41,061
THE
M2
LVOL. LTV.
C H R O N IC L E .
INCOME ACCOUNT.
ANNUAL REPORTS.
R eceipts—
Net earnings..................................
Other receipts...............................
Missouri Pacific Railway.
fflillU-
Total net income....................
( For the year ending Dec. 31, 1891.^
D isbu rsem en ts —
1889.
$
3,773,355
288,529
------------------
4,061,884
Interest on bonds........................ 2,407,626
Taxes, bridge expenses, etc.......
383,144
Dividends..................... . . . ............ 1,030,248
1890,
$
3,889,487
27,356
1891.
$
1,877,034
20,413
3,916,843
3,897,447
2,414,506
798,979 )
773,294 5
271,471
The annual meeting was held in St. Louis this week and the
,586,229
old board of directors re-elected. The annual reports are not
yet to hand, and it has been impossible to get one at the office,
Total disbursements............. 3,821,018
3,986,779
3,857,700
but the following comparative figures are compiled for the Balance for year.........................sur. 240,866 def. 69,936 sur. 39,747
C h r o n ic l e from figures published in St. Louis.
The operations, gross earnings, operating expenses and sur
N ew Y o r k & N ew E n g la n d R a ilr o a d .
plus earnings of all lines operated for the years 1889,1890 and
( F o r t h e y e a r e n d i n g D e c . 31, 1891,^
1891 were as follows :
The annual rep ort says: “ T he d iv id en d s o n the preferred
stock pa id d u rin g th e yea r a m ou n ted to $210,000, s o that the
1891.
com p a n y ’ s book s as o f D ecem b er 3 1,1891, sh ow an apparent
Miles operated, average.......
5,283
failu re to earn the dividen ds pa id b y $128,173. I f , h o w ev er,
O perations—
__ _
Passengers carried...............
5,177,974
5,635,977
5,309,821 w e take in to a cco u n t th e n et results o f th e tw e lv e m on th s
Passengers carried one mile 167,547,252 235.986,594 213,416,030
com p risin g th e tw o d iv id en d p eriods fo r w h ich dividends
Rate per passenger per mile
2-45 cts.
2-16 cts.
2-376,ets.
Freight, tons carried...........
6,813,391
7,465,823
7,597,178 w ere pa id in the yea r 1891, th at is, if w e reck on fr o m O ctober
Freight, tons carried onem. 1,428,576,397 1,742,129,3011,719,470,173 1,1890, to S ep tem ber 30, 1891, it w ill be fo u n d th at th ere w as
1-060 cts.
1-024 cts.
Jlate per ton per mile..........
1*132 cts.
a n et surplus a b ove th e dividen ds pa id o f $19,520.
T he net
$
W a rn in g s —
$
$
18.224.486 in com e o f the yea r has been decreased b y ch a rg in g o ff v a riou s
17,843,244
Prom freight;'.......................
16,178,134
5,070,048
5,090,647
4,845,650
From passengers..................
am ou nts w h ich have a ccu m u la ted in previous years and
735,473 Ì
From m a ils ........................
703,794'
w h ich ca n n ot be con sid ered at th e present tim e as reliable
484,376 I
From express..............................
495,087
2,623,572
assets, h a v in g been m a in ly ca rried in fo rm e r reports as debit
51,874 f
From ren ts..................................
47,471
1,164,730
J
balances and expenditu res undistributed. These a ccu m u la ted
From miscellaneous............
1,223,329
balances have been the result o f expenditu res w h ich in som e
25,918,106
25,370,344
Total earnings...............
23,493,465
18,495,357 instances pertain to transactions as fa r b a ck as the yea r 1883,
18,002,729
Operating expenses.............
15,532,883
and being o f d ou b tfu l valu e y o u r directors d eem it better
7,422,749 th at the a ccou nts sh ou ld n o w sh ow these variou s item s abso
7,367,615
7,960,582
Surplus earnings............
71-36 p. C. lu tely ch a rged o ff, so that the books m a y at least be a co rre ct
70-96 p . C.
6612 p. 0.
Ratio operat’g exp. to earn.
statem ent o f the present con d ition o f th e com p a n y . W h a t
The gross and net earnings of the several properties in 1891, ever m a y be realized fr o m the sum s n o w ch a rged o ff w ill g o
aeparately, w ere:
in to fu tu re a ccou n ts, b u t the present a ction w ill clea r th e
In c. oi dec. in books o f questionable balances, and enable shareholders better
N et
Gross
N et E a rn in g s .
E a rn in g s.
E a rnings.
to understand the real situation o f the co m p a n y .”
3,300.949
Inc. 19,126
O f the operatin g expenses a nd ch arges in 1891 the report
13,221,098
Mo. Pac. R’y and brand
3,877,033
Dec. 12,454 says : “ Besides b ein g burdened w ith ch arges th at prop erly
11,581,931
St. L. Iron Mt. <fe So. R’ y .......11,
11,473
183,029
Dec.
def.
2,456
Hous. Cent. Ark. & No. RR
Inc. 47,231 b elon ged in the a ccou n ts o f p reced in g years, the operating e x
894,160
246,073
Cent. Branch Union Pac. RR.
1,150
Inc. 3,688 penses fo r the cu rren t yea r h av e been la rg ely in creased be
37,288
Sedaiia Wars. & So. RR.
cause o f la ck o f facilities to prop erly handle the fre ig h t busi
7,422,749
Inc. 46,118 ness w h ich has passed ov er ou r lines, so th at business w h ich
25,918,106
m igh t have p roved a con siderable sou rce o f reven ue has n o t
MISSOURI PACIFIC RAILWAY (PROPER'
g iv en the results that, u n der ord in a ry circu m stan ces, m ig h t
EAR N IN G S A N D E X P E N SE S.
have been exp ected . W ith con tem pla ted addition s to the
1889.
1890.
1891.
equipm en t and to the fre ig h t term in als, especia lly in v ie w o f
3,119
3,145
Miles operated December 31.
the fa c t that the gross earn ings are con sta n tly in creasing, and
E a rn in g s—
$
$
$
2,665,354
2,742,808
2,663,798 that the rates receiv ed fo r th e tran sportation o f fre ig h t are
8,286,682
9,174,427
8,865,315 fo u n d b y oth er railroads to b e rem u n erative, it is the b e lief o f
1,624,184
1,589,294
1,691,984 y o u r directors that, w ith w ise e co n o m y an d ca re fu l superin
12,576,220
13,506,529
13,221,097 ten den ce, th e n et earn ings o f the roa d m a y be m aterially in
creased. O f th e in creased fix ed ch arges, $64,958 is o n a cco u n t
E xp en ses —
3,157,180
3,816,519
3,791,672 o f the ren tal o f th e P rov id en ce & Springfield R ailroad and o f
Transportation.......... .
2,567,155
2,963,092
2,822,619
Motive power.............
2,062,862
2,183,590
2,012,584 the W o o n s o ck e t & P a scoa g R ailroad , fr o m the operation o f
Maintenance of way.
938,751
733,662
947,000 w h ich w e ca n n ot as y e t e x p ect fu ll returns. T he interest
Maintenance of cars.
322,754
297,969
346,273 paid on freig h t ca r eq u ip m en t notes in creased $38,238; b u t the
G en eral.....................
8,868,828
10,224,706
Total expenses__
9,920,148 larger part o f this increase served to red u ce the balan ce paid
3,707,392
3,281,823
Net earnings..............
3,300,949 by this com p a n y fo r fre ig h t ca r service, as the cars co v e re d
b y the obliga tion s u p on w h ich the in terest is pa id operate
IN CO M E ACC OU N T.
m ostly ov e r fo re ig n roads, a nd earn a v e ry la rge proportion
1890.
1889.
1891.
o f the interest charges.
R eceip ts—
$
$
$
“ There w as e xp en ded du rin g the yea r fo r im p rovem en ts and
3,281,823
Net earnings................................ 3,707,392
3,300,949
2,223,951
Dividends, interest, &c............... 1,981,790
634,054 additions to prop erty a ccou n ts the sum o f $334,224 o f w h ich
a m ou n t $152,993 w as on a cco u n t o f eq u ip m en t pu rch ased, a nd
Total net income................... 5,689,182
5,505,774
3,935,003 $181,280 w as fo r a ddition s an d im p rovem en ts to the p rop erty
D isbu rsem en ts —
Interest on bonds......................... 2,458,485
2,598,143
2,776,580 gen era lly.”
O perations, earn ings, & c., w ere as fo llo w s in 1891.
Dividends paid*............................ 1,758,994
1,823,498
3,247,655
Taxes, rentals, & c ...................... ",
793,275
583,187
OPERATIONS.
1890.
1891.
Total disbursements............. 5,010,754
5,009,828
6,024,235 Number of passengers oarried........... -.........
7,974,094
8,504,202
Balance for year...........................sur.678,428 sur.495,946 df.2,089,232 Number of passengers carried one mile___ 104,493,235 102,033,215
Earnings per passenger per mile..................
1-960 ots.
2-091 cts.
* Paid 4 p. c. in 1889 and 1890 and 3 p. c. in 1891.
Number of tons of freight carried.................
3,219,093
3,279,980
Number of tons of freight oarried one mile. 315,618,975 317,897,541
G E N E R A L B A L A N C E D E C E M B E R 31.
1-137 cts.
1-147 cts.
Earnings per ton per mile...............................
1889.
1890.
1891.
EARNINGS AND EXPENSES POR 1891.
Assets—
$
$
$
E a rn ings f r o m —
Cost of road and equipment.... 50,339,643 51,078,982 50,639,208
.$2,154,223
Investments in stocks & bonds. 47,262,659 53,023,538 51,766,390 Passengers.................................................. .
. 3,646,509
Materials and supplies on hand.
730,310
878,730
775,585 Freight............. ................................. .
. 428,293
Cash............................................... 1,365,010
676,389
973,678 Mail, express, &c........................................
Uncollected accounts................ 2,953,070
4,639,377
5,778,276
Total......................................................................................... $6,229,030
Total assets............................ 102,650,692 110,297,016 109,933,137
E xp en ses —
Maintenance of w ay...................................................................... $506,240
In a b ilities —
272,926
¿Stock.. ............
44,974,850 47,426,300 47,432,850 Maintenance of oars......................................................................
1,525,746
Funded debt................................ 44,376,000 51,376,000 51,376,000 Motive power.........................................
Interest due and accrued__ . . .
731,620
932,939
1,177,042 Transportation............................................................................... 1,787,132
221,302
Vouchers for Deo., pay.fol. Jan. 1,904,268
2,510,881
2,774,519 General, &c................
Advances...................................... 5,540,470
2,431,466
3,642,528
Total
expenses.........................................................................
$4,313,346
5,619,430
Income account (surplus).......... 5,123,483
3,530,198
Net earnings...................
$1,915,684
Total liabilities..................... 102,650,691 110,297,016 109,933,137 Per cent of operating expenses to earnings.............................
69-25
INCOME ACCOUNT FO R 1891,
ST. LOUIS IRON MOUNTAIN & SOUTHERN RAILWAY.
Net earnings............................................... ...................................$1,915,684
E A R N IN G S A N D E X PE N SE S.
Other income...........................
7,204
1890.
1889.
1891,
Miles operated Dec. 3 1 ...............
1,208
1,550
Total.............................
1................. .............................-. .$1,922,388
E a r n in g s fr o m —
$
$
$
D ed u ct —
2,195,321
2,149,724
Passengers.................................... 1,784,070
$460,240
F reigh t.......................................... 6,526,877
7,945,726
8,574,821 Rentals...........................................................
Interest......................................................
............ ...................... 1 »096,856
653,847
763,723
Mail, express and miscellaneous.
811,788 T a x e s ..................................... ............- .................................
. • 264,764
—
19,200
i Total earnings............................ 8,964,794 10,859,173 11,581,930 Insurance........................ ........... ................................... .
6,969,687
E xpenses....................................... 5,191,441
7,704,896
T otal............................ ..................................................... % .$1,841,060
O PE R A T IO N S, E A R N IN G S, E X P E N S E S , &C , W H O L E SYSTEM .
1889.
5,019
Net earnings.................. ............ 3,773,353
1890.
5,109
3,889,486
3,877,034
S urplus................................... v....... ; ...........................................
$81,828
March 12, 1892.]
THE
C H R O N IC L E .
M3
quently the Rock Island entered into a traffic agreement with
In the following statement the results for the calendar years the Union Pacific and sought to use the terminal facilities
1888 and 1889 are compiled from the quarterly returns made of the Denver & Rio Grande at Denver for this business. The
to the N. Y . Railroad Commissioners.
Denver & Rio Grande maintained that the use of these ter
EARNINGS, EXPENSES AND CHARGES
minals was a mere incident of the use of its tracks from Col
1891.
1890.
1889.
1888.
orado Springs, and that Rock Island could not use the Denver
$
$
$
$
terminals for Union Pacific business. The lower court de
Gro3S earnings....................5,340,067 5,650,504 6,029,125 6,229,030
3,729.529 4,020,410 4,313,347 cided in favor of the contention of the D. & R. G., and the
Operating expenses.
U. S. Supreme Court affirmed that judgment. Justice Brown
.1,803,969 1.920,975 2.008,715 1,915,683 read the opinion of the Court. Justice Brewer dissented.
7,204
5,085
16,860
.
58,366
The D. & R. G. expect as a result of this decision to receive
.1,862,335 1,937,835 2,013,800 1,922,887 about $150,000 for services already rendered, with a future
1,841,061
1,737,977
1,660,631
1.1,612,328
Interest,
increase in revenue from the Rock Island Co.
The Denver & Rio Grande earnings for February were the
81,826
275,823
277,204
. 250,007
largest in the history of the company for that month. The
GENERAL BALANCE SHEET.
Dec. 31,1890. Dec. 31,1891. increase was due almost entirely to the recent mineral dis
$ •
coveries in southern Colorado, especially m the vicinity of
A im pts —
$
89,885,996 Creede.
Road and equipment......................... - ............ 39,551,^71
The ore shipments from Creede continue to run
99,900
New England Terminal stock owned..........
» ».o o o
402,875 about nine cars per day, and the freight hauled into the camp
Supplies and materials on hand.....................
ko? axa
661,540 averages at present some sixty cars daily. The total number
Due from agents and con d u ctors...............
9 ka q« o
497,221 of passengers taken into Creede during February was 4,701,,
Due from companies and individuals..........
«¿ic’ i Sir
286,504
_______ _________________ '...........
Z40, l / /
flojJj
■
■;
187,166 and the number taken out was about 1,900.
" Other expenditures ” (mainly ta x es)........
234,666
431,914
The general outlook in Colorado is very promising; the two
Profit and loss..................................................
do^bby
largest smelting works at Denver, the Omaha & Grant and
42,453,117
the Argo, are both now largely increasing their capacity.
Total assets................................................ ^ ,805,126
In a b ilities —
on , 000,000
20,000,600
Edison General—Thomson-Houston.—The committee of
Stock, common.............................................
3,300,000
,700,000
Stock, preferred .............................................
16,386,000 stockholders of the Edison General and Thomson-Houston
,386,000
Funded debt (see S u p p l e m e n t ) ........................
140,000 electric companies has announced that the majority of the
140,000
Real estate mortgages.............. - — -............. 683,535
658,535 stockholders of the two companies h a v e agreed to the proposed
Real estate and equipment contracts..........
466,752 consolidation and the formation of a new fifty-million-dollar
469,652
Interest accrued..............................................
331,303
342,750
Notes payable...................................................
614,181 company. All persons who have signed the agreement are
556,109
Unpaid vouchers.............................................
82,821 required to deposit their stock by March 20 with the New
39,290
Unpaid pay-rolls........... .................................. 400,787
387,652 York Guaranty & Indemnity Company or the Old Colony
Due on trafHo balances, <kc.............................
86,372
87,003
Trust Company in Boston and receive in exchange temporary
Miscellaneous....................................................
42,453,117 receipts.
Total liabilities........................................ 41,805,126
Green Bay W inona & St. Paul.—Security holders are
asked to deposit their securities with the Farmers Loan &
GENERAL INVESTMENT NEWS.
Trust Co. under an agreement dated ie b . 24,1892. it is
proposed to give the present first mortgage holders a new five
American B ell T e le p h o n e — The directors have voted to per cent consolidated mortgage bond at par and ^ o ^ g a g e
issue $2 ,500,000 new stock, one share at par to each holder bond scrip to the amount of $210 in full for principal and in
of six shares. A dividend of $3 per share has been_ declared, terest on each bond, the new bond to bear interest from A ug.
payable April 15.
1 1892. The holder o f each funded interest bond with over
Called Bonds.—The following bonds have been called for due coupons to Aug. 1,1892, is to receive a new consolidated
five per cent bond with mortgage bond scrip to the amount
payment:
C l e v e l a n d C olum bus C in c in n a t i & I n d ia n a p o l is R y . Co of $180. The new consolidated bond will be for $2,500,000.
-108 consolidated mortgage bonds will be paid at the office of The income bonds, preferred and common stock will be left m
Messrs. Drexel, Morgan & Co., New York, or at the omce of amount the same as at present, and all holders of these secur
Messrs. J. S. Morgan & Co., in London, on the 1st of June, ities that have not paid their cash assessment under the plan
1892, at which date interest will cease. The numbers will be of Julv 15, 1889, are to be given an opportunity to do so. llie
reorganization committee are Messrs. H. B. Turner, M. Taylor
found in our. advertising columns.
Central o f Georgia—Richmond Terminal.—On March 4, Pyne and Joseph Walker Jr.
Lake Erie & W estern—The second mortgage five per cent
Judge Speer, sitting in the Circuit Court at Macon, Ga., ap
pointed General E. P. Alexander, President of the Central, bonds to the amount of $1,500,000 were listed this week on the
temporary receiver of the road, upon a bill for an injunction, New York Stock Exchange. An abstract of the mortgage
of
receiver and relief brought by Mrs. Rowena M. Clarke, of is given on subsequent pages of this issue.
Charleston, S. C., who owns 50 shares of the stock. I he the road for 1891 were $3,273,355 gross and $1,447,897 net;,
grounds upon which the suit was brought are that the lease is interest, rentals and taxes, $518,838; surplus, $929,058.
illegal under the laws of Georgia; that the properties of the
Minneapolis & St. Louis.—In the suit of Henry beibertjv
Central are not being properly managed by the lessees, and trustee of the Improvement & Equipment mortgage, against
that the projected action of the Olcott Committee in issuing a the company, Judge Lochren at Minneapolis on Saturday last
large amount of stock will be detrimental to the interests of rendered a decision adverse to the plaintiff. The contention
the Central stockholders. Nothing further will be done, and was that the holders of the Pacific Extension bonds not hav
the receiver will make no changes before March 14, when the ing joined in the foreclosure proceedings were not entitled to
case comes up*for argument on the question of continuing the participate in the distribution of proceeds. The Court granted
receivership. ,
the motion of the bondholders for the payment of back in
Chicago Gas.—A circular will be issued offering to the terest.
holders of the Fidelity Trust Company’s receipts representing
Missouri Kansas & Texas.—The earnings and expenses
control of the Chicago Gas Companies the option to subscribe from July 1st to December 31st, 1891, are reported as follows:
to the amount of 16 per cent of their holdings to the $4,000,- Earning».........................................................................................
000 Indiana Natural Gas & Oil Company’s 6 per cent bonds at
90, with a bonus of three shares each of the Indiana ComNet earnings.......................................................................
New York & New England.—The annual meeting was held
pany’s stock.
Chicago Milwaukee & St. Paul.—The directors of the in Boston March 8. Mr. C. A. Prince offered the following
Chicago Milwaukee & St. Paul Railroad met on Thursday, and resolutions:
Voted, That the board of directors be authorized and requested to
after declaring the usual dividend of 3 ^ per cent on the
from time to time, as they may deem expedient, the bonds or the
preferred stock they determined not to resume the payment issue
company, hearing not over 5 per cent, interest annual!y, and
of dividends on the common stock just at present. It was at
not exceeding fifty years from their date, to a total amount not ex
announced that by the close of the present fiscal year (June ceeding that ■which at such time or times may be authorized by lawVoted, That a n y b o n d s issued pursuant to the above vote may he se
30) the accounts will show results of the year’s business and
by one or more mortgages on all or a^Y-Pa^t the fr^cm ises
the board will then have information as to the conditioned cured
and property of the company, as the hoard of directors inay deem ex
the crops and probable earnings of the year to come, so that in pedient, made to such trustee or trustees, and in such form and o n
resuming dividends an intelligent opinion can be formed as to such terms and conditions as the hoard may think proper.
Voted, That If the hoard of directors deem it necessary or proper to>
what rate can be paid with reasonable assurance of its con apply
for additional legislation by any State or States is which any
tinuance.
parts of the railroads of this company may be situated in reference to
such
bonds
and mortgages, the hoard is hereby empowered to apply
Columbus Hocking T alley & Toledo.—The preferred
the same, and to accept in behalf of_ the company any such act o r
stock which was authorized last November to provide for the for
acts which may he passed on their application.
a
payment of the 7 per cent bonds maturing January 1, 1892,
Voted, That any bonds issued under authority of these votes may do
and for other purposes, was listed this week on the New York disposed of and the proceeds applied to the uses of the company and
development and improvement of its property and business by tno
Stock Exchange. In another column we give at length the tli©
board of directors from time to time, as they may deem most advanfacts contained in the application to the Exchange.
tageous to the company, and said bonds or any of tliem niay be exDenver & R io Grande.—The United States Supreme Court changed on terms as the hoard may approve for any bonds or pre
on Monday affirmed the judgment of the Colorado Circuit ferred stock of the company previously issued.
The resolutions called forth considerable debate and some
Court in the case of the Chicago Rock Island & Pacific Rail
way Co., appellants, vs. the Denver & Rio Grande Railroad opposition. Mr. Prince offered an explanation that the issu
Co. A contract was entered into between the two roads by ance of these bonds had been carefully considered by the
which, for an agreed compensation, there was to be joint use board of directors, but the amount and quantity was left to
o f the tracks of the Denver & Rio Grande Road between Den be decided at this meeting. A stockholder offered a resolu
ver and Pueblo, the Rock Island having constructed a line to tion that an estimate should be furnished o f the amount re
Colorado Springs midway between the two places. Subse quired, also that the stockholders should vote a limitation.
THE
C H R O N IC L E .
Mr. Prince further explained that the property needed im
provement in the way of double-tracking on the Western divi
sion, and it was necessary to issue these bonds to accomplish
this end. The resolutions were subsequently passed without
amendment by a vote of 171,276 against 924. The following,
offered by Mr. Adams, of Boston, was also passed:
[V ol. LTV,
Mzyaxts
aud
d o c u m e n ts .
LAKE ERIE AND WESTERN RAILROAD.
ABSTRACT OF SECOND MORTGAGE.
“ That the board of directors be requested to consider the question of
securing a through and independent route to the city of New York, and
to that end that this meeting be adjourned to a day to be fixed by said
board not later than the first day of June next; and that a report be
then made as to the progress.”
DATE AND PARTIES.
*n<^enture *s ma<^e the 30th day of June, 1891, between
There was only one ticket for directors, and the following * j L akeEne «¡W estern Railroad Company of the first part
Trust Company of New York and Robert C.
board was elected: J. A. Bostwick, Thomas Rutter, Henry
Hentz, J. L. Macaulay, Sidney Dillon, A. E. Orr, Charles Par Bell ot Fort Wayne, Indiana, Trustees, of the second part.
RECITAL.
sons, Charles Parsons, Jr., C. B. Tedcastle, E. V. Cary, of New
York; Eustace C. Fitz, Charles A. Prince, F. H. Prince of Bos
The Railroad Company in order to raise money necessary to
ton; J. L. Howard, Hartford, Conn.; G. M. Landers, New pay for completing, improving and maintaining its lines of
Britain, Conn.; D. S. Plume, Waterbury, Conn.; B. F. railway and to pay debts contracted for the purposes aforeVaughn, Providence, R. I.; Aretas Blood, Manchester, N. H.; said, and in pursuance of proper resolutions to that end of its
Arthur Sewall, Bath, Me.
board of directors and of its stockholders, has determined to
The changes from the old board were the substitution of the execute its gold bonds for $1,000 each to be issued at the rate
names of Charles Parsons, Jr., C. B. Tedcastle and E. V. of not exceeding $5,000 for each mile of the lines of railroad of
Cary, of New York, and Aretas Blood, of Manchester, N. H., the mortgagor hereinafter described ($3,625,000 in all). Also
in the places of Austin Corbin, of New York, Charles How to secure the payment of its said bonds, the company has
ard, S. A. Carleton and R. H. Denny, of Boston. The officers determined to execute and deliver to the Central Trust Com
chosen were : Chairman of the board, J. A. Bostwick, New pany of New York, and Robert C. Bell, the trustees, a mort
Y ork ; President, Charles Parsons, New Y ork ; First Vice- gage or its deed of trust of its lines of railroad, and the rolling
President,^1. H. Prince, Boston; Second Vice-President, stock, equipment and other property of the mortgagor appur
Charles Parsons, Jr., New York ; Treasurer, G. B. Phippen ; tenant to the said lines of railroad, but subject in all respects
Secretary, J. M. Perkins; the last two being re-elections.
to a first mortgage bearing date the 21st day of February,
made by the mortgagor to the Central Trust Company
Netr York Ontario & Western.—The directors of the °1887,
i -New York and A. L. Mason of Indiana.
New York Ontario & Western Railway Company have
The holders of more than two-thirds of the capital stock of
decided to submit to the stockholders on April 20 a financial
plan which is intended to provide for the refunding of the the company have concurred in the execution and delivery of
outstanding bonds and for such additions and improvements such mortgage to secure-said issue of bonds by the passage of
to the property as may be required in the future. The prop a resolution at a meeting of the stockholders duly called for
osition is to authorize the execution of a general mbrtgage, that purpose, of which due notice in writing had been given
to each stockholder at least sixty days prior to the day ap
under which $20,000,000 4 per cent 100-year gold bonds may pointed for such meeting.
be issued from time to time, of which $5,500,000 will be used
Such notice also stated the time and place of the meeting
to retire the $4,000,000 sixes, which are redeemable at 110 on and
the object thereof, and the said proposed issue for the
any interest day. Seven million dollars will be held to retire purpose
aforesaid of the bonds of the mortgagor.
the $5,600,000 consolidated fives, and the remainder issued
[F o r m o p t h e B o n d ].
from time to time, as required, for additions, improvements,
&c. The improvements contemplated immediately include
UNITED STATES OF AMERICA.
the building of docks and coal trestles at Cornwall—the
T h e L a k e E r ie & W e s t e r n R a il r o a d C o m p a n y .
$1,000,
present facilities for coal transfer at Weehawken being N o . . . . . .. . . .
Second mortgage 5 per cent gold bond.
inadequate to the business—and the addition of some engines
The Lake Erie & Western Railroad Company, for value received
and coal cars to the equipment, a total expenditure o f about
promises to pay to the Central Trust Company of New York, or bearer
$250,000. The redemption of the “ sixes” would effect a heiBOf,
on the 1st day of July, A. D. one thousand nine hundred and
saving of $20,000 in fixed charges, and leave only the $5,600,- forty-one, the sum of one thousand dollars, in gold coin of the United
000 fives a prior lien to the proposed “ fours.” A circular ex States of America, of the present standard of weight and fineness, at
office or agency in the city of New York, with interest thereon
planatory of the proposition will be issued to the stockholders. its
from the first day of July, A. D. 1891, at the rate of 5 per cent per
New York Stock Exchange—New Securities Listed.—The
Governing Committee of the New York Stock Exchange
has added to the lists for dealings the following :
C l e v e l a n d Cin c in n a t i Ch ic a g o & St . L o u is R a i l w a y .— $238,000
*aaitional first mortgage 4 per cent gold bonds of the White Water
Valley Division, making the total amount listed +650,000.
C o l u m b u s H o c k in g V a l l e y & T o l e d o R a i l w a y .—$2,000,000 5 per
cent non-cumulative preferred stock. [The application is given in full
m another column ]
* I ndianapolis D ecatur & W estern R a il w a y .— Metropolitan Trust
c ,0
: certificates of deposit for first mortgage 5 per cent bonds :
also $2,38 2,000 second mortgage 5 per cent bonds and income mortbonds. The American Loan&Trnst Company receipts were
ordered stricken from the lists.
L a k e E kd , &, W estern R a il r o a d .—$ 1,500,000 second m ortgage 5
per cent gold bonds o f 1941. [A n abstract o f the m ortgage w ill be
fou nd on a subsequent page.]
« T e x a s R a i l w a y (Dallas & Waco Railway).—
$167,000 additional first mortgage 5 per cent gold bonds, making the
total amount listed *1,340,000.
c
& 8o1D7 ? ERi i r a il w a y . - $ 625,000 first m ortgage 5 per
cent fifty year gold bonds.
^
P en nsylvania Co m pany .—$1,250,000 additional guaranteed first
3 S!Sf3 & 5 KSS<8 <&*sna regI,tere'1
Bi °
S outhern R a il r o a d .—$2,624,000 first mortgage 5 ner
cent gold bonds. •[Application will be found on another page.l
TERMINAL RAILROAD ASSOCIATION OP ST. LOUIS.—$7.000 000 first
mortgage 4 *q per cent gold bonds.
Philadelphia & Reading.—The Governor of Pennsylvania
has been flooded with petitions from the coal districts asking
that the recent coal-road contracts may be allowed to stand un
disturbed. A dispatch from Harrisburg on Monday said that
Attorney-General Hensel would test in the Dauphin ¿County
Court the constitutionality of the leases and that a bill in
equity, including an application for a permanent injunction
to restrain operations under the lease, would be the proceed
ings adopted;
In New Jersey the Legislative investigation has made no
progress, and at Trenton, March 10, a bill to legalize the Read
ing deal, which was introduced on Tuesday, passed the House
by a vote of 35 to 17 and passed the Senate on the 11th.
In Lycoming County, Pa., a bill was filed by M. H. A m ot a
banker of Elmira, N. Y ., owner of 100 shares of Reading and
100 of Lehigh Valley, to break the leases, and answers have
been or will be filed by the defendants.
apnu.ua.pa y able semi-annually, free of United States or State tax, at
8Uiq r° i
or aKer|cy,
like gold coin, on- the first days of January
and July in each year, until the payment of such principal sum, on
the presentation and surrender, at such agency, of the annexed
c°upons, as they severally become due.
This bond is one of a series of bonds of one thousand dollars each, all
of like tenor, date and amount, numbered consecutively from one to
three thousand six hundred and twentv-five, both inclusive, and issued
at _the rate of not exceeding five thousand dollars per mite upon eaoh
mile of existing road of said railroad, the payment of the principal and
interest of which is equally secured by a certain mortgage or deed of
trust bearing date the thirtieth day o f June, A. D. one thousand eight
hundred and ninety-one, duly executed and delivered by said Railroad
Company to the (.entrai Trust Company of New York and Robert C.
S fP as trustees, upon all the said railroad of said The Lake
Erie & Western Railroad . Company now constructed, a dis
tance of seven hundred and twenty-five miles, together with,
all and singular the equipments, appurtenances, .franchises and
property described in said mortgage and subject to thS terms and con
ditions of which mortgage this bond is issued and held; but all said
bonds are expressly issued subject to the lieu of a prior mortgage
bearing date the twenty-first day of February, one thousand eight
hundred and eighty-seven, to the Central Trust Company of New
York and A. L. Mason of the State of Indiana, to secure an issue of
bonds for one thousand dollars each, at the rate of not exceeding te n .
thousand dollars per mile upon each mile of completed road of said
railroad, together with interest thereon.
This bond shall not be obligatory upon the said Railroad Company
nor be entitled to the benefit of said mortgage security, until the.
certificate hereon endorsed shall be signed by the Central Trust Com
pany of New York, Trustee.
I n WITNESS w h e r e o f the said The Lake Erie & Western Railroad
Company has caused this bond to he signed by its President, duly
authorized, audits corporate seal to be hereunto affixed attested by
its Secretary, and has likewise caused a fac-simile of the signature of
its Secretary to he engraved on each of the annexed coupons, this
thirtieth day of June, one thousand eight hundred and ninety-one.
T h e L a k e E r i e & W e s t e r n R a i l r o a d Co m b a n y ,
By
Attest:
------------- , P resid en t.
-------------, S ecretary.
[f o r m
of
c o u p o n .]
$25.
’
$25.
The Lake Erie & Western Railroad Company will pay to bearer at
its office or agency in the city of New York on the
day of
.
.
, 18 , for value received, twenty-five dollars in gold
coin of the United States of America, being six months’ interest due
that day on its Seoond Mortgage Bond No-------------— , Secretary.
[f o r m
o f t r u s t e e ’ s c e r t if ic a t e .]
R io Grande Southern.—The bonds of this new Colorado
This certifies that this bond is one of the series of bonds issued in
company were listed this week on the New York Stock Ex conformity with and described in the mortgage or deed of trust bear
change, and on a subsequent page is given at length the offi in g date the thirtieth day of June 1891, and referred to within.
C e n t r a l T r u s t Co m p a n y o f N e w Y o r k ,
cial application. The road was only completed its entire
By
length in December, and is not yet opened through for opera
V ice-P resid en t.
tion, but it is expected that it shortly will be. It has already
PROPERTY COVERED BY THE MORTGAGE.
proven an important feeder to the Denver <fc Rio Grande.
The property conveyed by the indenture is particularly de
IS?" F o r o th e r In v e stm e n t N ew s see P a g e s 4 3 3 and 4 4 7 .
scribed as follows :
L
M arch 12,1892, j
THE
C H R O N IC L E
A ll and singula^ the lines oi railroad of the mortgagor constructed
at the date of this indenture aDd particularly described as follows,
to wit: The lines of railroad of the mortgagor, and the depot and
terminus at Sandusky, in the County of Erie, State of Ohio, running
thence through the County of Sandusky, in the State of Ohio, the
County of Seneca, in the State of Ohio, the County of Hancock, in the
State of Ohio, the County of Allen in the State of Ohio, the County of
Auglaize, in the State of Ohio, the County of Mercer, in the State of
Ohio, the County of Jay. in the State of Indiana, the County of Ran
dolph, in the State of Indiana, the County of Delaware, in the
State of Indiana, the County of Madison, in the State of Indiana, the
County of Tipton, in the State of Indiana, the County of Clinton, in
the State of Indiana, the County of Tippecanoe, in the State of In
diana, the County of Benton, in the State of Indiana, the County of
Vermillion, in the State of Illinois, the County of Ford, in the State
o f Illinois, the County of McLean, in the State of Illinois, tne County
of Tazewell, in the State of Illinois, the County of Woodford, in the
State of Illinois, the County of Peoria, in the State of Illinois, includ
ing the branch line from St. Mary’s, in the County of Auglaize, in the
State of Ohio, to Minister, in the County of Auglaize, in the State of
Ohio, and all and singular the railroad formerly belonging to the In
dianapolis Peru & Chicago Railway Company, extending from the
City of Indianapolis, in the State of Indiana, in the County of
Marion, through the counties of Hamilton, Tipton and Howard to
the City of Peru, in the County of Miami, in said State of Indiana, and
aU and singular the railroad formerly belonging to the Chicago Cincin
nati & Louisville Railroad Company extending from the said City of
Peru, in the County of Miami, through the Counties of Fulton, Marshall
and St. J oseph to the City of La Porte, in the County of La Porte, in, the
State of Indiana, and all and singular the railroad formerly belonging
to the Michigan City & Indianapolis Railroad Company, extending
from Michigan City to said La Porte, Indiana, a distance of about thir
teen miles, with all and singular the roadbeds, rights of way and lands
o f or pertaining to the said railroads, including the lands under and on
each side of the tracks of the whole width and extent that the said Ind
ianapolis Peru & Chicago Railway Company, the said Chicago Cincin
nati & Louisville Railroad Company and the said Michigan City &
Indianapolis Railroad Company were seized or possessed of the same;
and all the railroad or railway known as the Fort Wayne Cincinnati &
Louisville Railroad, beginning in the City of Fort Wayne, in the County
of Allen, in the State of Indiana, and extending in a general southerly
direction through the counties of Allen, Wells, Blackford, Delaware,
Henry and Wayne, to and into the city of Connersville, in the County
of Fayette, together with the branch of said railroad known as the
Rushville branch, beginning in Newcastle, in the County of Henry, and
extending to and into Rushville, through the Counties of Henry and
Rush; the same being in all 725 miles, more or less,including the road
bed, superstructure and right of way of said lines of railroad, and all
lands, real estate, rails, tracks, side tracks, bridges, viaducts, build
ings, depots, station houses, car houses, engine houses, Shops, ware
houses, turn-tables, water stations, fences, structures, erections, fix
tures and appurtenances, and all other things of whatever kind there
unto appertaining, or which shall thereunto appertain, and all lands
acquired or designed for depots, warehouses, piers, wharves and other
structures at the termini of said lines of railroad, as well as along said
lines of railroad, and all locomotives, engines, cars and other rolling
stock, equipment, machinery, instruments, tools, implements, mate
rial, furniture and other chattels thereunto appertaining, and all the
corporate rights, privileges and franchises which the mortgagor hath
and can exercise, or shall hereafter acquire or possess in or in respect
of the said lines of railroad, or be necessary for the maintenance or
operation of the said lines of railroad, and also all the rents, issues,
profits, tolls and other incomes of said lines of railroad.!’
BONDS TO BE CERTIFIED BY CENTRAL TRUST COMPANY.
The said second mortgage bonds shall be required to be cer
tified by the Central Trust Company of New York only, and
shall be certified and delivered by it to the mortgagor to the
amount in the aggregate of three million six hundred and
twenty-five thousand dollars ($3,625,000) upon the written
application of the mortgagor expressed by a resolution of its
board of directors.
ROLLING STOCK TO BE DEEMED REAL ESTATE.
The rolling stock and equipment, and all personal property
and chattels hereby conveyed or intended so to be, shall be
deemed real estate for all the purposes of this indenture, and
shall be held and taken to be fixtures and appurtenances of
the said lines of railway, and a part thereof, and shall be used
and sold therewith, and not separate therefrom.
PROVISIONS IN CASE OF DEFAULT.
I f default shall be made in the payment of interest or in the
payment, observance or performance of any other of the cove
nants, conditions, provisos or agreements in said bonds, or in
this indenture contained, and if any such default shall
continue for the period of three months, the Trustees, per
sonally or by attorneys or agents, upon a requisition in
writing, signed and duly acknowledged by the owners of a
third ^in amount of the bonds hereby secured and then out
standing, or their duly authorized agents, and upon receiving
a proper indemnity against all costs, expenses and charges,
shall enter into and upon all and singular the premises hereby
conveyed, and shall, until the same be sold or surrendered to
the mortgagor, its successors or assigns, use,* manage and
operate the same, making from time to time all repairs and
replacements, as may seem to them judicious, and after paying
all expenses out of the earnings shall apply the balance of
moneys to the payment of the interest on-the bonds secured
hereby in the order in which the instalments of such interest
shall have become due, ratably to the persons holding the
coupons or interest warrants evidencing the right to such in
terest ; and after the payment of all interest that may be due,
pay over the balance to the company.
PRINCIPAL MAY BE DECLARED DUE.
In case any such default shall be made, and shall continue
for three months, the Trustees may, and upon the requisition
of the owners of a third in the amount of the bonds then
outstanding, shall, declare the principal of all said bonds'to be
fortwith due and payable without notice to the mortgagor ;
such requisition shall be evidenced by an instrument in writ
ing duly signed and acknowledged.
IF PRINCIPAL IS DECLARED DUE TRUSTEES SHALL SELL
If thé principal of said bonds shall become due aDd payable
by reason of any default as aforesaid, or at maturity, and
shall not be paid, and such default shall continue for thirty
445
days, the Trustees, upon the requisition in writing, signed
and acknowledged by the owners of a majority in amount of
the bonds then outstanding, and upon a tender of a proper
indemnity for costs, «fee., shall forthwith proceed to sell and
dispose o f all and singular the said railways, equipment,
property, franchises, «fee., at public auction in Chicago, In
dianapolis or the city of New York, in the discretion of the
Trustees, first giving public notice o f such sale by advertise
ment for six weeks.
After deducting from the proceeds of the sale all expenses,
the Trustee shall apply the purchase money to the payment
of the interest on the bonds in the order in which the instal
ments of such interest shall have become due, ratably to the
persons holding the coupons, and after paying all interest
which shall have become due on said bonds, to the payment
of the principal of said bonds.
TRUSTEES MAY PURCHASE.
At any sale of the property pursuant to the powers herein
granted or by judicial authority, the Trustees may purchase,
on behalf of the bonds then outstanding, in the proportion of
the respective interests of such holders, the property so sold,
provided that if all the property be sold as aforesaid, the price
at which the purchase hereby authorized may be made, shall
not exceed the whole amount of said bonds then outstanding,
with the interest accrued thereon, and the amount of all prior
liens on said property so sold, together with the costs and ex
penses, and if but a portion of the said property shall be sold,
at such price as shall be in the judgment of the Trustees
reasonable.
BONDHOLDERS MAY PURCHASE.
Nothing in this provision contained shall prohibit any of
the holders of the bonds from bidding at such sale, or from
purchasing such property, or any part thereof, upon such sale;
but any of said holders of said bonds may purchase said
property at any such sale, and in the event of such purchase
by them, they shall be allowed credit as so much cash paid
for so much of the purchase money as shall be a proper share
or dividend to which the bonds held by them shall be entitled
from the purchase price.
TRUSTEES MAY PROCEED AT LAW.
The Trustees may, in their discretion, resort to any legal or
equitable proceedings in their judgment necessary or expe
dient for the enforcement of the security afforded by this in
denture, and any remedies specially conferred by any of the
provisions of this indenture shall be deemed cumulative and
not exclusive.
TRUSTEES MAY RELEASE CERTAIN PROPERTY.
The Trustees shall have full power, in their discretion, upon
the written request of the mortgagor, to release any land held
or acquired for the purpose of stations, depots, shops, or for
other buildings or purposes, which lands, in its or their judg
ment, shall not be necessary for use, and also to convey, on
like request, any land not occupied by the track o f the mort
gagor which may become disused by a change of the location
of any station house, depot, shop, or other building, and such
lands occupied by the track and adjacent to such stations,
depots or other buildings as the mortgagor may deem it expe
dient to disuse or abandon; but any lands which may b*
acquired for permanent use in substitution for any so released
shall at once be subject to the lien of these presents without
any further conveyance or mortgage. The Trustees shall also
have power to allow the mortgagor to dispose of such portion
of the equipment, machinery and implements as may have
become unfit for use, replacing the same by new, which shall
at once be subject to the lien of these presents, without any
further conveyance or mortgage.
BONDS TO BE PURCHASED IN OPEN MARKET.
Whenever, under any of the provisions of this indenture,
the Trustees shall receive any sum which shall be applicable to
the redemption of bonds, the same shall be expended by the
Trustees in the purchase, in the open market, of the bonds at
the lowest market rate. All bonds purchased for redemption
shall be at once canceled.
REGISTRY OFFICE IN NEW YORK.
The mortgagor shall at all times keep an office or agency in
the city of New York, and a book or books therein, which
shall serve as a register of the said bonds. Any holder of said
bonds shall be entitled to have his name and address, and
the number of every o f the said bonds held by him, entered
in such register.
TRUSTEES MAY BE CHANGED.
Either trustee, and any successor in the trust, may be re
moved by a vote of a majority in amount of the bonds then
outstanding. In case a vacancy shall at any time exist in the
trusteeship notice of a meeting for the appointment of a new
trustee, or trustees, shall be given to the holders of the bonds
by publication for three months daily in a newspaper pub
lished in the city of New York and in a newspaper published
in Chicago. Such notice may be given by the holders of
$250,000 in amount of the bonds, and at such meeting, which
shall be in New York City, a successor to the trustee shall be
appointed by the vote of not less than a tenth in interest o f the
holders of the bonds then outstanding, who shall also be a
majority in interest of the bondholders present and voting at
such meeting.
If the holders of the said bonds fail to appoint a new trustee
within twelve months after a vacancy shall have occurred, the
mortgagor shall apply to the Circuit Court of the United
States for the Southern District o f New York for the appoint-
THE
446
[VOL. L1V(
C H R O N IC L E .
ment of a b o w trustee, giving similar notice to the holders of York. Registrar office, Third National Bank, 26 Nassau
the bonds. Any trustee so appointed shall he a Trust Com Street, New York.
Yours very truly,
pany having an office in the City of New York.
SAMUEL D. DAVIS,
BENEFIT OF STAY LAWS WAIVED.
First Vice-President.
The mortgagor for itself, its successors and assigns, irrevo
The Committee recommended that the above-described $2,cably waives and relinquishes the benefit of all valuation,
¡stay, appraisement, extension or redemption law or laws now 000,000 5 per cent noa-cumulative preferred stock be admitted
existing, or which may hereafter be passed by the legislatures to the list.
Adopted by Governing Committee March 9, 1892.
of the States of Illinois, Indiana and Ohio, which, but for this
provision, might be applicable to the sale hereinabove author
ized to be made by the trustee, or to any judicial sale which
RIO GRANDE SOUTHERN RAILROAD CO.
may be made of said property. Executed by
APPLICATION
TO THE NEW YORK STOCK EXCHANGE.
T h b L a k e E r ie & W e st e r n R a il r o a d C o m p a n y ,
By Calvin S. Brice , President, [l . s.]
D e n v e r , C o l o r a d o , M arch 1,1892.
C e n t r a l T ru st Co m p a n y of N e w Y o r k ,
By E. F r a n c is H yde , 2d Vice-President, [l . s .]
R o b e r t C. B e l l , [ l .
s .]
COLUMBUS HOCKING VALLEY & TOLEDO
RAILWAY COMPANY.
APPLICATION TO NEW YORK STOCK EXCHANGE.
N e w Y o r k , F eb ru a ry 19, 1892.
The Columbus Hocking Valley & Toledo Railway runs from
Toledo, Ohio, to Pomeroy, Ohio, a distance of 327 miles.
Standard gauge.
<
■' .
This company has added to its capital stock of 116,963
.shares (which shares are listed on the New York Stock Ex
change) 20,000 shares of 5 per cent non-cumulative preferred
capital stock, making a total stock capital of 136,963 shares.
This issue of preferred stock has all been subscribed and paid
ior. The company reserves the right to redeem and retire
•.such preferred stock at par at any time after the expiration of
three years from date of issue thereof.
The purposes for which the above-mentioned 20,000 shares
of preferred stock were issued were for the payment of 777
7 per cent second mortgage bonds, of $1,000 each, of the Co
lumbus & Hocking Valley Railroad, being the total amount of
such second mortgage which came due January 1, 1892, and
for the payment of car trust obligations.
$213,000 has been used to take up car trust obligations,
maturing during the year 1891, and $777,000 has been put
aside for redemption o f the 7 per cent second mortgage bonds
due January 1, 1892. Up to this time $762,000 bonds have
been redeemed and canceled, leaving a balance of $15,000
bonds not yet presented for paym ent; but the money, as be
fore stated, has been set aside for their payment when presen
tation shall be made.
Of the bonds redeemed $743,000, after being canceled, were
■deposited with the Central Trust Company of New York,
preparatory to the trust company delivering to the railway
■company the same amount of 5 per cent consolidated bonds in
accordance with the terms of the consolidated mortgage.
Arrangements have been made by the company for the can
cellation of these bonds when received.
The company requests that this additional 20,000 shares of
stock be added to the regular list of the New York Stock Ex
change.
EARNINGS AND EXPENSES IN 1891.
Gross earnings................ .........................................................
Miscellaneous receipts.............................................................
$3,286,827
10,000
Total gross............................................... ............................ $3,296,827
Operating expenses and taxes.................................................
1,847,998
Net earnings......................................................................... $1,448,829
Interest on bonds and car trusts............................$977,420
Other interest.............................................. - ............ 60,850
Interest to Pennsylvania RR. on lease.................. 24,525
Total disbursements...........................................................
1,062,795
Balance, surplus.................................. .............................
$386,034
The bonded debt of the company is as follows : $2,500,000
CJolumbus & Toledo first, 7 per cent, due 1905; $1,401,000 Co
lumbus & Hocking Valley first, 7 per cent,due 1897; $1,584,000
Ohio & West Virginia first, 7 per cent, due 1910; $600,000
Columbus & Toledo second, 7 per cent, due 1900; $8,000,000.
Columbus Hocking Valley & Toledo gold consolidated, 5 per
cent, due 1931; $1,618,000 Columbus Hocking Valley & Toledo
general, 6 per cent, due 1904. Total bonded indebtedness,
$15,703,000.
The officers o f the company elected at our last annual meet
in g held on the second day of February, 1892, are as follows:
«C. C. Wajte, President, Columbus, O.; Samuel D. Davis, FirstViee-President, New York, N. Y .; Charles B. Alexander,
-Seoond Vice-President, New York, N. Y. ; William N. Cott,
' Secretary and Treasurer, Columbus, O. ; James T. Boothroyd,
.Assistant Secretary, New York, N. Y .; John J. McCook,
^General Counsel, New York, N, Y .; Charles O. Hunter, Gen.
(oral Solicitor, Columbus, O.; F. B. Everett, Auditor, Colum
bus, 0 .; W . A. Mills, General Freight Agent, Columbus, O.;
W . H. Fisher, General Passenger and Ticket Agent, Colum
bus, O.; F. B. Sheldon, Chief Engineer, Columbus, O.
Principal office of the company, Columbus, Ohio. Transfer
■office, Atlantic Trust Company, 39 William Street, New
W e beg to present this application for listing the securities
of the Rio Grande Southern Railroad Company on your
Exchange.
The title o f the company is The Rio Grande Southern Rail
road Company, which was organized by virtue and under the
authority of Chapter 19 of the General Laws of the State of
Colorado, entitled “ Corporations,” on the 30th day of Octo
ber, 1889. The application is now therefore made for the
listing of the following bonds of the Rio Grande Southern
Railroad Company, all of which have been sold, issued and
are outstanding : $2,624,000 of its $5,000,000 first mortgage
50-year gold bonds, numbered 1 to 2,624 inclusive, of $1,000
each, dated July 1, 1890, maturing July 1, 1940, and bearing
interest at the rate of 5 per cent per annum, payable in New
York on the first days of July and January of each year,
evidenced by coupons maturing January 1, 1891, and each
succeeding July 1 and January 1, until the maturing of said
bonds. These bonds are a first lien on 172’4 miles of railroad
described as follow s: Commencing at Dallas (new name
Ridgway) in Ouray County, Colorado, extending thence
southerly to the head of Leopard Creek, in San Miguel Coun
ty, Col., thence down Leopard Creek to the San Miguel River,
thence up the San Miguel River to Telluride, in said County of
San Miguel, State of Colorado ; also extending from Vance
Junction, a point 7*3 miles east of Telluride, in said County of
San Miguel, in a generally southern direction over Trout Lake
Park, along the Dolores River to Rico, in Dolores County,
Colorado, thence down said Dolores River, in a generally
easterly direction, to Durango, in La Plata County, State of
Colorado, a distance of 172*4 miles.
The remainder of the bonds issued upon the 172*4 miles,
amounting to $1,686,000, Nos. 2,625 to 4,310 inclusive, of
$1,000 each, have been issued, but are held in the company’s
treasury, and application will be made for their listing at
some future time. The balance of the $5,000,000 bonds,
amounting to $690,000, Nos. 4,311 to 5,000 inclusive, of $1,000
each, will be issued under the terms of the mortgage to the
Central Trust Company of New York, trustees.
The authorized share capital is $5,000,000 o f capital stock,
of which amount $4,310,000 has been issued, and the balance
of $690,000 will be issued upon new lines, as they may be con
structed, at the rate of $25,000 per mile; and application is
therefore made for the listing of the $4,310,000 of capital
stock above referred to.
The foregoing constitutes the entire lien of every kind upon
the railroad and property of the company.
The issue of bonds is secured by a mortgage to the Central
Trust Company, of New York, trustees, under date July 1,
1890, conveying to said trustees all the property and fran
chises of the company.
The line from Ridgway to Telluride was completed on
December 1, 1890; the line from Vance Junction to Rico was
completed on September 30, 1891; the line from Rico to Du
rango was completed on December 20, 1891.
EAKNINGS OP THE RIO GRANDE SOUTHERN RAILRO AD COMP A N T , AS PER
OFFICIAL REPORTS H E R E W IT H .
1890.
Oros».
December............. $16,789 04
1891.
January................
12,296 31
February............... 12,254 99
March.................... 12,183 57
A pril.....................
16,396 25
May........................ 22,845 62
June................... -.. 26,614 13
July.......................
24,295 10
August.................. 27,994 66
September............. 28,004 69
October................. 41,176 08
November............. 41,750 23
December.............. 41,354 58
1892,
January................ 42,137 51
$366,092 76
O p era ting
E x p en ses.
M iles
O per a tea
Net.
$6,453 46
$10,335 58
4,954 89
5,690 82
5,544 69
7,53114
9,082 85
10,820 36
10,604 91
11,194 28
11,781 01
16,627 95
16,829 12
18,081 85
7,341 42
6,564 17
6,638 88
8,865 11
13,762 77
15,793 77
13,690 19
16,800 38
16,223 68
24,548 13
24,921 11
23,272 73
20,323 17
21,814 34
$155,520 50
$210,572 26
50
50
50
50
50
50
50
50
50
50
6412
79
79
100
Relative interest charge on bonds issued on the foregoing
mileage:
10 months,
1
“
2
“
1
“
50 miles,
64Lj
“
u
79
100
$1,250,000 bonds. ................. $5 2,083 33
1,612,500
“ .
6,718 75
16,458 33
1,975,000
“ . ................
10,416 67
2,500,000
“ . ................
$85,677 08
as against total net earnings of the road for same p e r io d ..$210,572 26
The annual interest charge upon the $4,310,000 first mort>
gage gold bonds covering the entire mileage of 172*4 miles
is $215,500; taxes and insurance, $31,500; total $247,000.
The gauge of the road is 3 feet, and is laid with 30-pouncL
teel rails for a distance of 122*4 miles, and is laid with 40
s
March 12,1892.]
THE
pound steel rails for the balance of 50 miles, and is equipped
with rolling stock owned by the company as follows: Loco
motives, 86; passenger, mail, baggage and express cars, 24;
freight cars, 1,011; hangers, 3; rotary snow plows, 2.
The company files herewith specimens of certificates oi
capital stock, and a copy of its first mortgage gold bonds,
with six copies of mortgage. The Central Trust Company
of New York is Registrar of the capital stock.
Certificates of the Trustees under the mortgage and the
Registrar of Transfers are filed herewith. The company also
files a map of the line from Ridgway to Tellunde and
Maitland, Phelps & Co., 24 Exchange Place, New York, are
the Transfer and* Financial Agents of the company. New
York office, 24 Exchange Place. General office, Denver,
The directors a re : Otto Mears, John L. McNeil, Fred.
Walsen, G. W . Kramer, J. W . Gilluly, of Denver <
C olorado;
H. D. Barber, of Polo, Illinois ; J. H. Ernest Waters, of Tel1UThe’ officers are : President, O tto Mears ; Vice-President,
H. D. Barber; Treasurer, J. W . G illuly; Secretary, J. L.
McNeil.
THE RIO GRANDE SOUTHERN R A IL W A Y COMPANY
By Otto M ears ,
447
C H R O N IC L E .
President.
The committee recommended that the above-described
$2,624,000 first mortgage five per cent gold bonds of 1940, Nos.
1 to 2,624 inclusive, be admitted to the list.
Adopted by the Governing Committee March 9, 1892-
2 £he
® o m m m i a l jin x e s ,
COMMERCIAL
The weather has been seasonable, but in the past fortyeight hours a storm of great violence has extended over the
Northwest. The state of trade is more promising for the
future than satisfactory in the present. The low price o f
cotton cripples to an extent the purchasing power of the
South. The export of breadstuffs has been on a liberal scale,,
and the Government estimates of the reserves yet to come
forward had a very depressing influence upon values. Cotton
declined, but partially recovered, with some revival of specu
lation for the rise.
Lard on the spot has been in fair demand, and early in the
week was firmer, but latterly prices, sympathizing with con
tracts for future delivery, have had a downward tendency,
closing moderately active "at 6’25®6’30c. for prime City and
6’65@6’70c. for prime Western, with refined for the Continent
quoted at 6*90@7’05c. Lard for future delivery declined early
in the week under free selling for the “ long” account, and has
since been weak and unsettled, declining to-day in sympathy
with the lower grain markets.
Sat.
F lin t & Pere Marquette.—The operations of the Flint & March delivery...............e. 6-70
May delivery................. c. 6-76
Pere Marquette road in 1891 were :
^ ^ ^
July delivery..................c 6 89
Gross earnings.............................................................................. P i o W i i i
Operating expenses
$861,212
Net earnings—
581,771
Charges.
$279 441
Balance for s to c k .......................................................................
253*680
Dividends, 4 per cent............................................................. .................. ;___
B lance
..............................................................-
EPITOME.
F r i d a y N ig h t , March 11, 1892.
$25,761
Oregon Pacific.—At a meeting of the first mortgage bond
holders, it appearing that the attempt of the receiver to inter
est foreign capital in the enterprise had failed, the present
reorganization committee was instructed to prepare and sub
mit a new plan. The members of this committee are Messrs.
Joseph Wharton, Lindley Smyth, J. A. Blair, Alexander
Brown, George deB. Keim, Roland Hazard and George S. Coe.
The Farmers’ Loan & Trust Company was instructed to
bring suit to set aside the recent sale of the road.
Pennsylvania Railroad.—The annual meeting was held
this week, and the following resolution passed.
Resolved: That in view of the statement made in the annual report
inst Dresented, the stockholders hereby authorize the hoard of duec{
oomnanv to issue from time to time 349,131 additional
shares of the capital stock of this c o m p a n y , being the balance of the
authorized, capital stock, the said shares to be issued, apportioned and
disposed of as the directors may deem for the best interests of the
This warrants an increase in stock of about $17,500,000.
Standard Oil.—The Supreme Court of Ohio recently gave
a decision against the Standard Oil Company o f that State as
to the legality of its being in the Trust. Owing to this and
to the unpopularity of trusts, the following has been sent out
M on .
6-77
6’82
6*94
Tues.
6’7 l
6*76
6*87
W ed.
6’69
6*74
6*86
T h ur.
6 -7 0
6*74
6*86
F r i.
6-65
6-ti9
6*81
Pork has been fairly active at steady price?, but to-day was
quite dull at $9 75® $10 50 for mess, $10@$11 for extra prime
and $13@$15 25 for clear. Beef continues d u ll; extra mess,
$6 50® $7; packet, $8® $8 50; family, $9 50® $11 50 per bbl.; .
extra India mess, $15@ $19 per tierce. Beef bams are quiet at
$13 50®$14 per bbl. Cut meats have been quite active ; bel
lies have sold quite freely at 6 ^ c. for medium weights in bulk
with a few boxes at 6 ^ ® 6 ^ c .; also pickled hams at 9c.
and shoulders at 5c. Tallow is easier at 4%c., closing quiet.Stearine has declined, selling at 7%c. in tcs. Oleomargarine
is lower at 6c. and dull. Butter is lower at 22® 29c. for new
creamery. Cheese is quieter but steady at ll@ 1 2 ^ c . for State
factory, full cream.
.
Coffee on the spot has been fairly active, but at easier prices.
Rio is quoted at 14%c. for No. 7. To-day’s sales included Rio
No. 7 to arrive at 14^@14% c. and Santos No. 8 to arrive a
13J^c. Mild grades have been quiet at a further decline;
good Cucuta is quoted at 20^c. The speculation in contractshas been dull and values have weakened a trifle in sympathy*
with the spot market. The close was steady, with sellers ast.
follows :
12’20c;
M a rch ............13’65c. June. .......... 12’45o. I Sept................
O ct................. 1 2 -loe.
A p r il........... 13’ 10o. July................. l2-40c. Dec................
12 00C.
M ay................ 12*75o. A u g ...... . . . . . 12*350.
partially 15 points lower for the week.
Raw sugars have been fairly active and steady, closing at
3c, for fair refining Muscovado and 3%c. for centrifugals, 96
deg. test. Refined sugars have been in fair demand at a fur
This was signed by H. M. Flagler as Secretary. Appended ther advance in values ; quoted at 5@5^c. for crushed and
to it was a form for proxies, made out in favor of John D
4J^@ 4 7-16c. for granulated. The boiling grade of molasses
Rockefeller, H. M. Flagler and J. D. Archbold.
Tennessee Coal & I r o n — Negotiations are under way for has been quiet but steady, closing at 12^c. for 50-deg. test.
the consolidation or absorption of the Sloss and. the ue At the tea sale on Wednesday the offerings were limited and
Bardeleben companies of Alabama, but nothing, it is otn prices were steady to firm.
cially stated, has yet been agreed upon. On Friday Dow^
Kentucky tobacco has met with a fair demand for export;
Jones & C o:reported: “ Thethree presidents, Baxter, Seddon
and DeBardelaben respectively have agreed to the plan as in and sales are 300 hhds. at firm prices. Seed leaf has contin
dividuals, and signed an agreement to submit it to their stock ued to move freely, and sales for the week are 2,200 cases,
holders. The plan proposed is to issue $20,000,000 in o per cent as follows: 1,000 cases 1890 crop, Pennsylvania seed leaf, 12@
bonds and $20,000,000 in stock, the same to absorb the entire , 15c.; 250 cases 1890 crop, Pennsylvania Havana, 133^® 40c.;
stock and liabilities of all the companies. There win be lett as
surplus in the treasury $2,800,000 m bonds and about $1,000,000 600 cases 1890 crop, Wisconsin Havana, 12@14c.; 200 cases
in stock. The plan will be laid before the Sloss stockhol ders 1890 crop, State Havana, 13^@ 35c., and 150 cases sundries,
on the 30th inst., the Tennessee Coal & Iron Company in 63^@32^c.; also 700 bales Havana, 70c.@$l 15, and 350 hales
Sumatra, $2 25® $3 25.
.
n an •
~
April and the De Bardelaben at a special meeting.
Refined petroleum is quoted at 6’40c. m bbls., 7’50c. in cases Western Union T elegraph—Estimated net earnings for the and 3-90c. in bulk; naphtha 5’50c.; crude 5’70c. in bbls. an<L
quarter ending March 31, 1892, compared with the actual 3*15c. in bulk, crude certificates closing very dull at 59%c.
results in the same quarter of 1891.
Spirits turpentine has declined sharply under increased sup
,----------- Q u a rter en d in g M a rch 3 1 >
plies and dull trade, closing at 36@36%c. Rosins are quiet
A ctu a l, 1891.
E stim ated , _1892
and easier at $1 37K@1 42^ for strained. W ool and hops are
Net revenue......... . . . . . . . . . . . . . . . . . .,..$1,326,682
$l,5o0,000
steadier.
In metals, a moderate business is reported in Straits tin,,
In tereston bonds.............. .$222.899
$222,330
Sinking fund............... . . . . . 20,000
2 i2 go9
20>000
242,330 and stronger foreign advices have caused an advance. The
sales for the week are about 200 tons, closing quoted at 19’70c.
j® 19 75c. Ingot copper is also dearer. It is reported that the
-Wfit revenue
...................... ............ $1,033,783
Less* dividend*................. . . . . . ( l H p.e.) 1,077,401 (1 ^ p. o.) 1,077,408 I principal mining companies will agree in reducing the output.
$230,262 Lake is quoted firm at 10%c. Domestic lead is dull and easier
Surplus fo r q u a r t e r . . . . . . . . . . . . . ............
12,856,617 at 4 ’20c. Pig iron is dull and lower at$14 75®$16 for No. 2,
Add nominal surplus Deo. 3 1 ........... - 11,141,995
$1 3 ,0 86,879 ' Southern and Northern.
« a special meeting of the holders of the Standard Oil
oer^fclflcates will be held at the office of the trust on Monday, March 21, at 11
o ’clock A. M., for the purpose of voting upon a resolution to terminate
the trust agreement, in accordance with the terms of said
and take such further action as may be thereby rendered necessary.
i . Nominal surplus March 31...*..$11,148,377
4 4 8 _______________________
THE
C H R O N IC L E .
[V o i. LTV.
In addition to above exports, our telegrams to-night also
give us the following amounts o f cotton on shipboard, not
eleared, at the ports named. W e add similar figures for
T he Movem ent of the C r o p , as indicated by our telegrams New York, which are prepared for our special use by Messrs,
from the South to-night, is given below. For the week ending Carey, Yale & Lambert, 24 Beaver Street.
10ns evening the total receipts have reached 91,890 bales,
On S hip b oa rd , n o t c lea r ed —f o r
against 119,758 bales last week and 142,668 bales the previous
L ea v in g
week, making the total receipts since the 1st of Sept., 1891, M a rch 11 a t—
G reat
Other
C oast
S tock .
Total.
15^286,138 bales, against 6,009,512 bales for the same period of
B rita in . F ra n ce. F o reig n w ise .
3880-91, showing an increase since Sept. 1.1891, of 278,026 bales.
C O T T O N .
F r i d a t , P. M., March 11, 1892.
1ie u ip t s a t —
Ifon.
Sat.
©aiveston........
U P a s o , &o...
Mens Orleans...
Mobile...............
Florida.............
ftevsnnah........
Bransw'k, &o.
Charleston.......
'Pert Royal, &c
W ilm ington....
TU68.
Wed.
F r i.
T h ü rs.
Total.
2,319
3,925
1,178
1,369
. .....
......
......
. .....
5,431 12,911
945
406
5,683
258
2,641
565
1,983 12,000
276
276
3,553 38,133
117
2,660
......
. .....
. .....
......
. .....
3,695
1,706
1,566
996
. .....
......
. .....
......
470
929
877
771
814
401
204
279
117
234
Morfolk............. .1,250
690
West P oin t...
K’ wp’tN ’s,&o. . .....
]New York........
429
Boston..............
.......
Baltimore........
302
Philadelphia,&c
1,448
654
693
1,074
1,054
944
1,405
400
1,226
7,914
369
......
2,777
...... .
........
. .. . ..
........
1,395
762
936
451
432
119
......
......
131
193
385
909
93
Totals this week 16,828 17,913 23,451 12,215
1,064 11,804
2,043
2,043
15
3,876
3
3
1,415
180
18
18
7,035
1,185
606 4,368
979
979
400
3,548
3,792
1,122
407
407
1,039
182
138
9,856 13,133 93,396
For comparison we give the following table showing the
week’s total receipts, the total since September 1, 1891, and
fhe stock to-night, compared with last year.
Xeeehptg to
M a rch 11.
1891-92.
This
W eek.
This
W eek.
1,1891.
S in ce Sep.
1,1890.
93,396 6,286,138
1892.
1891.
59,271
42,696
457,004
31,560
309,095
37,304
62,651
5,508
53,227
60,257
2,816
35,749
12,699
12,185
38,554
7,038
1,458
410,654
15,600
29,836
16,090
20,224
4,505
1,521
141,546
10,000
5,717
5,498
87,541 6,009,512 1,201,150
689,113
© «¿veston... 12,000 1,060,014
9,031 909,800
El Paso,&e.
276
200
23,340
31,487
Hew Orleans. 38,133 2,191,611 29,319 1,783,509
Mobile. . .
2,660 243,406
4,502 271,120
Florida........
34,700
23,837
48
fj&vannah... 11,804 906,567 13,094 990,450
2,043 157,894
Bruns., &e.
1,411 170,475
¿Charleston..
3,876 434,874
4,516 426,272
1,451
P. Royal,&o
3
687
WOmington.
1,415 150,642
1,248 177,431
Waah’tn,&c
8,739
2,317
4
18
7,035 452,243
Boriolk........
9,630 56 L,588
West Point.
4,368 283,895
3,938 304,838
41,587
85,542
NwptN.,&c
979
1,257
75,642
97,734
Slew Y o r k ...
3,548
5,364
82,513
3,792 100,477
2,746
Boston..........
66,199
137
46,656
407
Baltim ore...
1,096
1,039
61,995
39,118
Phil’del’ a.&o
Totals........
S tock.
1890-91.
Since Sep.
1b order that comparison may be made with other years, we
give below the totals at leading ports for six seasons. _____
S eeeip ts at—
1892
1891
1890.
1889.
1888.
1887
Gslv’ston,&c
New Orleans
Mobile..........
Savannah...
CSh©Tl?s-t’n,&c
WiÎKL^gfn^fec
M arioli. . . . . .
W't Point, &o
AH others...
12,276
38,133
2,660
11,804
3,879
1,433
7,035
5,347
10,829
9,231
29,319
4,502
13,094
4,516
1,252
9,630
5,195
10,802
6,771
21,586
711
4,778
1,792
325
2,865
3,763
12,144
6,338
25,898
3,073
5,813
2,923
953
3,969
12,958
18,101
3,729
6,081
29,170
19,685
813
1,782
3,287
3,677
2,501
3,225
376
799
2,781
4,823
5,898
3,562
5,908 . 6,949
Tot.thi&week
93,396
87,541
54,735
80,026
47,333
57,716
New Orleans...
Galveston........
Savannah.........
Charleston.. ..
Norfolk...........
Other ports___
17,120 13,421 22,949
7,535
3,763
7,099
None. None.
1.500
3,000 None.
7.500
None. None. None.
¡4,550 None. None.
5,750
5,200 None.
13,000 None. 11,000
Total 1892...
46,638 20,956
Total 1891...
Total 1890...
34,069
37,387
15,675
139,067
1,062,083
9,765
8,879
103,729
99,585
585,384
355,198
The speculation in cotton for future delivery at this market
was attended by a sharp decline in prices, following a slightly
dearer opening on Saturday last. The out-turn of the crop,
not only at the ports but at some of the principal interior
towns, combi ned with large stocks, favorable planting weather,
dull trade in cotton goods and weak foreign markets, caused a
decline from 7’20c. for August contracts on Saturday morn
ing to 7c. on Wednesday. It was thought by those operating
for a fall that when August contracts approximated 7c. “ stop
orders ” for selling in considerable quantities would come upon
the market, but such did not prove to be the case, and prices
took a stronger turn toward the close of that day. On Thurs
day a weak opening was followed by fitful exhibitions of
strength, due mainly to the smaller port receipts,
but ascribed in "part to buying for the “ long ”
account by parties outside of the regular trade.
In
fact the room traders were inclined to promote an advance,
desiring a higher plane from which to make fresh operations
for the decline. Still, those in favor of higher prices moved
with caution, feeling their ground carefully, and turning
sellers frequently to test the strength of values. To-day there
was a buoyant opening to the market on a continuation of the
stronger influences of yesterday, but toward the close part of
the advance was lost under sales to realize. Cotton on the
spot was quoted 1-10C. lower on Saturday last and again on
Wednesday, the market ruling quiet but steady to-day at
6 15-16c. for middling uplands.
The total sales for forward delivery for the week are 562,500
bales. For immediate delivery the total sales foot up this week
1,048 bales, including — for export, 1,048 for consumption,
— for speculation, and — in transit. Of the above — bales
were to arrive. The following are the official quotations for
•ach day of the past week—March 5 to March 11.
UPLANDS.
Sat.
Ordinary.............................# lb.
Striot Ordinary..........................
Good Ordinary...........................
Strict Good Ordinary, i .............
Low Middling.............................
Strict Low Middling..................
Middling......................................
Good Middling............................
Strict Good Middling.............
Middling Fair.............................
Fair..............................................
45s
5
5%
M on T ues W ed
453
GULF.
Ordinary............................. $ lb.
Strict Ordinary...........................
Good Ordinary............................
Strict Good Ordinary.................
Low Middling............................
Strict Low Middling..................
Middling......................................
Good Middling............................
Strict Good Middling................
Middling Fair.............................
F a ir.............................................
5
53a
6^4
®916
61&16
7*16
7%
7Hie
71*16
8^2
878
The exports for the week ending this evening reach a total
o f 74,400. bales, of which 38,701 were to Great Britain, 2,494
to France and 33,205 to the rest o f the Continent. Below are
the exports for the week, and since September 1, 1891.______
438
434
55a
6918
Galveston....... 12,508
New Orleans..
12,508
4,055 4,065
Savannah .......
14,950
’Charleston.. . .
W ilm ington...
1,140
Moyfolk__ ....
W est P o in t...
New Y ork .......
Baltimore.......
7hiladelp’a,&c
4,518
4,982
4,334
7,283
4,508
623
8,785
1,291
1,203
2,821
2,041
4,410
614,442 65,538
728,837 396,821
87,868
14,950 176,926 30,197
94,074 4,849
1,110 156,498 6,550
61,671
8,308 183,105 7,900
4^982
88,970
4,334
20,123 5,272
11,345 318,321 22,435
6,547 189,166
6,236
68Í968 6,448
14,262
Conti
nent.
Total.
102,157 782,157
467,607 1,693,765
87,85ft
268,111 469,234
98,923
158,052 820,100
46,487 108,158
31,428 172,433
12,383
96,353
25,395
137,431 478,187
8,476 197,532
78,122 153,586
608
14,870
38,701
2,491 33,206 74,400 2,696,717 545,080 1,305,862 4,647,609
T otal, 1890-91. 65,904
1.845 26,921 94,170 2,603,623 475,93311,504,141 4,683,697
T ota l............
4? i 6
41**6
5is 16
6^10 638
69ia 632
61**6 63i
7
61**6
7*16 734
7*16 732
8 ie
81*6
83fJ
87, «
F r i.
49*0
41&10
513*6
638
6 I2
6%
615*«
734
732
ghe
87*6
6®16
61316 Ä
7
7_
7*16 H i e
7®ie
838
8^2
8 I2
Sat. M o n T u e s W e d T h .
Sat.
Conti Total
Great
Oreat
Brit'n. France nent. Week. Britain. France
T il .
45a
5
578
5
5 78
63!6
STAINED.
E xportt
from —
395,344
38,464
59,051
42,427
31,560
31,304
399,704
64,229
55,798
Good Ordinary...................# lb.
Strict Good Ordinary............. ..
Low Middling.............................
Middling......................................
From Sept. 1,1891, to Meh. 11,1892.
Exported to—
61,660
20,807
3,600
10,800
None.
7,250
10,950
24,000
11,574 48,321
7.755 45,564
(Since Sep t.l. 6286,138 6009,512 5490,758 5090,991 5022,261 4959,574
Week Endino March 11.
Exported to—
8,170
2,405
2,100
300
None.
2,700
None.
None.
5
53a
6 J4
6S»16
t>3°16
7316
73a
711*6
71*16
5
538
634
69*6
615ie
73*6
73a
711*6
71**6
812
8 I2
878
87a
M o n Tues
438
43*
56s
69*6
4 13
4%
5^8
69*6
41*16 41*16
5*16
63*6
632
612
678
67a '
73«
738
7*1« 7*16
708
758
778
778
8716 87*6
tjl310 83*16
W e d T il .
4®ie
41*16
513*6
638
63a
634
61**6
714
7ia
81*6
87*6
F r i.
41*16
63*0
63a
678
7 13
70s
778
87*6
813*6
F r i.
41*6 >41*6
411*6 4 1 I 10 4xlfs
59*6 59*0
632
6Ja
0*3
MARKET AND SALES.
The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
a eolumn which shows at a glance how the market closed on
same days.
SALES OF SPOT A N D TR A N SIT.
SPOT M A RK E T
CLOSED.
Saturday
Monday..
Tuesday..
Wed’da y.
Thursday
Friday...
Quiet at lia deo.
Q uiet.................
Easy...................
Q u i é t a t e deo.
Q uiet.................
Q uiet.................
T otal... .................. ........
T he S a l e s
an d
E x
p o r t.
C on - Spec- T ra n
Total.
su m p . u V t’n sit.
wmmw
....
....
.
....
....
....
P r ice s
78
79
64
447
229
151
1,048
of
following comprehensive table:
....
__
_
....
....
....
....
S ales o f
F u tu res .
78
79
64
447
229
151
39,300
85,200
125,200
126,700
105,800
80,300
1,048
562,500
F u t u r e s are shown b y the
March 12, 1892.1
ps
4°
®
H *ST
*?»
*5
IB
a O'
® ff
s
QftasS
S ' il£ ,p <
§
o®
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449
1892.
1891.
1890.
Stock at Liverpool........ hales. 1,719,000 1,144,000 1,075,000
Stock at London......................
8,000
17,000
17,000
1880.
759,000
7,000
Total Great Britain stock. 1,727,000 1,161,000 1,092,000
Stock at Hamburg....................
2,500
4,400
2,300
Stock at Bremen....................... 139.000 148.000 134,000
Stock at Am sterdam ..............
25.000
20,000
7.000
Stock at Rotterdam.................
400
400
300
Stock at Antwerp.....................
5.000
8,000 . - 6,000
Stock at Havre...................
324.000 232.000 ,165,000
Stock at Marseilles............
9.000
7,000
3.000
Stock at Barcelona..................
95.000
86,000
90.000
Stock atG dnoa.........................
14.000
10,000
20.000
14.000
Stock at Trieste....... ............
16,000
13,000
766.000
Total Continental stocks........
259,700
627,900
531,800
446,600
2,200
25,900
20,000
400
1,200
185.000
4.000
55,000
7.000
9.000
Total European stocks.. .. 2,354,900 1,692,800 1,538,600 1,025,700
India cotton afloat for Europe. 106,000 156,000 206,000 200,000
Amer, cott’n afloat for Europe. 439,000 467,000 324,000 368,000
Egypt>Brazil,<fec.,afltforE’r’pe
43,000
48,000
31,000
35,000
Stock in United States p o rts .. 1,201,150 639,113 454,783 685,730
Stock in U. S. interior tow ns.. 479,393 373,228 188,972 229 200
United States exports to-day.
13,198
17,095
20,072
35,841
Total visible supply.......... 4,6*0,641 3,443,236 2,763,427 2,639,471
Of theabove. thetotals of American and other descriptions are as follows:
A m e r ic a n —
Liverpool stock............. bales. 1,469,000 840,000 849,000
Continentalstooks.................... 520,000
419,000 353,000
American afloat for E u rope...
439,000 407,000 324,000
United States stock................... 1,201,150
689,113 454,783
United States interior stocks..
479,393 373,228 188,972
United States exports to-day.
13,198
17,095
20,072
585 000
178 000
368’000
685 730
229200
3s’ 841
Total American.................. 4,121,741 2,805,436 2,189,827 2,081,771
E a st I n d ia n , B r a a il, die.—
Mverpool stock......................... 250,000
304,000 226,000 174.000
London stock...........................
8,000
17,000
17,000
7,000
Continentalstooks ................
107,900
112,800
93,600
81,700
156,000 206,000 260.000
India afloat for Europe........... 106,000
Egypt, Brazil, &c., afloat........
43,000
48,000
31,000
35,000
Total East India, &o.......... 514,900 637,800 573,600 557,700
Total American................... 4,121,741 2,805,486 2,189,827 2,081,771
Total visible supply.......... 4,636,641 3,443,236 2,763,427 2,0*9 471
Price Mid. U pl.,L iverp ool....
3H i8d.
4i5llsd.
6^(1.
5u\«d
PrioeMid. Upl., New Y o rk ....
6i&iao.
9o.
117leC.
10W
J®“ The imports into Continental ports this week have been
96,000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 1,198,405 bales as compared with the same date
of 1891, an increase o f 1,878,214 bales as compared with the
corresponding date of 1890 and an increase of 1,997,170 bales
as compared with 1889.
A t t h e I n t e r io r T o w n s the movement—that is the receipt1
for the week, and since September 1, the shipment» for &•
week and thè stocks to-night, and the same items for the
corresponding period o f 1890-91—is set out in detail in the
fol1owing statement.
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* Includes sales in September, 1891, for September, 19,000; September-October, for October, 344,200; September-November, for Novem
ber, 619,000; September-December, for December, 1,067,300; September-January, for January, 3,997,200; September-February, for Febru
ary, 1,739,800.
The following exchanges have been made during the week:
11 pd. to exch. 200 May for June. ■39 pd. to exch. 100 Apr. for Aug.
•10 pd. te exch. 300 May for June. •30 pd. to exch. 400 Apr for July
■20 pd. to exeb. 100 Apr. for June. ■09 pd. to exch. 600 Apr.' for May.
•30 pd. to exeb. 1,100 May for Aug. •10 pd. to exch. 200 May for June.
•29 pd. to exeb. 100 May for Aug.
•20 pd. to exch. 1,500 Apr. for J’n e .
:10 pd. to exch. 400 July for Aug.
T h e V is ib l e S u p p l y o f C o t t o n to-night, as made up by cable
and telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week’s returns,
and consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
figures for to-night (Mch. 11), we add the item of exports from
the United States, including in it the exports of Friday only.
<)
P'l-1
WM
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* Louisville figures ‘ ‘ n e t” in both years,
i Last year’s figures revised.
The above totals show that the interior stocks have decreased
during the week 19,674 bales, and are to-night 106,165 bales
more than at the same period last year. The receipts at all the
towns have been 2,452 bales more than the same week last
year, and since Sept. 1 they are 184,280 bales more than for the
same time in 1890-91,
THE
450
..................
— —
........... —
......................
C H R O N IC L E
fVoL. L1V,
■
W eath er R eports b y T e l eg ra ph .—Reports to us by tele
Q u o t a t io n s f o b M id d l in g C o tto n a t O t h e r M a r k e t s .—
Below we give closing quotations o f middling cotton at South graph from the South this evening indicate that the weather
ern and other principal cotton markets for each day of the week: has on the whole been favorable, and that preparations for
the next crop are progressing well.
Galveston, Texas.—W e have had showers on three days of
CLOSING QUOTATIONS FOB MIDDLING COTTON ON—
W eek en d in g
the week, to the extent of twenty-three hundredths of an inch.
M a rch 11.
F ri.
Thurs.
Satur.
W td nes.
M on.
T u ts.
The thermometer has averaged 58, the highest being 69 and
the lowest 46.
63«
Galveston...
63« 1 63«
6Lj
6*3
6*3
New Orleans
Palestine, Texas.—It has been showery on one day of the
6*2
6*2
67i«
67is
67,
„
Mobile..........
63«
6*3
67ie
6*3
6^2
week, the precipitation reaching twenty-four hundredths of
Savannah...
6716
6Lj
61«
67ie
6*16
67is
an inch. The thermometer has averaged 58, ranging from 38
61 «
63«
Charleston..
63«
6hj
632
6«8
to 78.
Wilmington.
63a
638
61«
6>a
638
61«
Norfolk........
61«
63«
6 1«
6®s
6>2
6«8
Huntsville, Texas.—We have had one shower the past week,
61518
Boston........
7
616ie
7 i16
7
7
to the extent of twenty-five hundredths of an inch. The ther
67B
7
Baltimore...
7
7
7
7
mometer has ranged from 38 to 78, averaging 58.
73s
738
714
73s
734
Philadelphia
73s
63«
63«
Augusta. . . .
69] fi® ®8 632®9i «
Dallas, Texas.—There has been good rain on one day of the
6!%
658
63«
61
«
61«
61«
Memphis___
6*2
6^2
week, the rainfall being sixty-two hundredths of an inch.
61«
63«
61«
St. L o u is ....
632
69ie
6916
Average thermometer 66, highest 78 and lowest 33.
7
7
Cincinnati..
7
7
7
7
7
San Antonio, Texas.—There have been showers on two days
7
Louisville...
7
7
7
7
The closing quotations to-day (Friday) at other important of the week, the precipitation being fifty-four hundredths o f
an inch. The thermometer has averaged 62, the highest being
Southern markets were as follows:
84 and the lowest 40.
6^
6*4 Newberry........
A tlanta..........
6316 Little B ook . . . .
Lmling, Texas.—It has been showery on one day of the
6 1«
Montgomery. .
6 I4 Raleigh............
Columbus, Ga. 6*8
6^4 week, the precipitation reaching thirty-eight hundredths of
Columbus, Miss 5%
6 1« Selm a........... .
Nashville........
N atchez.........
6*4 Sh reveport.... 513ic an inch. The thermometer has averaged 62, ranging from
Euiaula.......... *' 6*4
R e c e ip t s F r o m t h e P l a n t a t io n s . —The following tab’e 42 to 83.
Columbia, Texas.—One good shower the past week has
Indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern aided plowing and planting. The rainfall reached thirty
consumption; they are simply a statement of the weekly hundredths of an inch. The thermometer has ranged from
movement from the plantations of that part of the crop which 44 to 75, averaging 60.
Cuero, Texas.—There have been good rains, just as needed,
finally reaches the market through the outports.
on three days of the week, the rainfall being seventy-four
Average thermometer 58, highest
Week
Receipts at the Ports. St'kat Interior Towns. Rec'pts from Plant'nt, hundredths of an inch.
79 and lowest 37.
JSndxno—
1890. 1891. 1892. 1890. 1891. 1892. 1890. 1891. 1892.
Brenham, Texas.—W e have had good rain on one day dur
Feb. 6....... 140,253 16#,84 8 166,548 307,274 441,363 666,276 132,118 151,790 155,571 ing the week, the precipitation reaching fifty-eight hun
“
12...... 99,965 135,735 182,983 284,104 428,119 558,815 76,796 122,491 176,628 dredths of an inch. The thermometer has averaged 62, the
“
19...... 83,218 124,264 145,681 259,721 419,837 548.755 68,885 115,972 135,621 highest being 82 and the lowest 41.
“
26...... 86,608 126,896 142,663 240,659 410,667 622.746 67,546 117,726 116,659
Belton, Texas.—The week’s rainfall has been twenty hun
M ch. 4....... 68,554 112,679 119,758 214,007 896,427 499,087 86.902 98.839 96,079 dredths of an inch, on one day. The thermometer has aver
“
11...... 54,“ 35 87,541 93.3961188,972 373,228 479,393 29,700 64,342 73,722
aged 61, ranging from 40 to 81.
The above statement shows: 1.—That the total receipts from
Weatherford, Texas.—W e have had heavy, but very benefi
the plantations since September 1,1891, are 6,709,602 bales; ir cial, rain on one day during the week, the precipitation reach
1890-91 were 6,368,170 bales; in 1889-90 were 5,666,171 bales.
ing one inch and thirty-five hundredths. The thermometer
2.—That, although the receipts at the outports the past week has ranged from 36 to 69, averaging 52.
New Orleans, Louisiana.—It has rained on six days during
were 98,396 bales, the actual movement from plantations wag
only 73,722 bales, the balance being taken from the stocks at the week, to the extent of one inch and thirty hundredths.
Average
thermometer 61.
the interior towns. Last year the receipts from the plantations
for the week were 64,342 bales and for 1890 they were
Shreveport, Louisiana.—There has been rain on one day of
the week, the precipitation reaching sixty hundredths of an
29,700 bales.
O v e r l a n d M o v e m en t f o r t h e W e e k a n d sin c e S e p t . 1.— inch. The thermometer has averaged 59, the highest being 76
W e give below a statement showing the overland movement and the lowest 41.
Columbus, Mississippi.—It has rained on two days of the
for the week and since September 1, As the returns reach us
by telegraph late Friday night it is impossible to enter so week, the rainfall being two inches and fifty hundredths. The
largely into detail as in our regular monthly report, but all thermometer has averaged 55, ranging from 40 to 76.
Little Rock, Arkansas.—The weather is now cold and clear.
the principal matters of interest are given. This weekly
publication is of course supplementary to the more extended Last night the temperature fell below the freezing point, but
monthly statements. The results for the week ending Mch. 11 the air being dry only very delicate vegetables were hurt.
W e had light rain on one day. The rainfall reaching thirtyand since Sept. 1 in the last two years are as follows:
four hundredths of an inch. The thermometer has averaged
51, the highest being 70 and the lowest 31.
1891-92.
1890-91.
Helena, Arkansas.—It has rained lightly on one day of the
M a rch 11.
Since
S ince
week, the precipitation reaching twenty-one hundredths of an
W eek.
W eek.
Sept. 1.
Sept. 1.
inch. The thermometer has averaged 52, ranging from 27
8 h ip p ed —
to 74.
Via St Louis................................ 15,800 517.832 111,226 495,790
Memphis, Tennessee.—Corn planting is progressing. W e
Via Cairo.....................................
5,622 304,595
4,196 251,646
Via Hannibal...............................
1,367 152,391
335
83,271 had a shower on Saturday last, to the extent of two hun
Via Evansville............................
468
31,791
1,368
22,955 dredths of an inch, but the weather is now clear and cold.
Via Louisville..............................
6,006 160,695
4,967 174,160 The thermometer has ranged from 8Q*iHo69:6, averaging 52‘5.
Via Cincinnati.............................
4,416 112,865
2,406 155,912
Nashville, Tennessee.—It has rained on four days of the past
Via other routes, &c..................
2,062 138,631
2,215 128,802
week, the rainfall reaching ninety-one hundredths of an inch.
Total gross overland............... 35,741 1,418,800 26,713 1,312,536 Average thermometer 48, highest 70, lowest 29.
D educt sh ipm en ts —
Mobile, Alabama.—There has been rain during the week
Overland to N. Y., Boston, &o..
8,786 304,313
9,343 266,021
Between interior tow n s............
2,248
52,588
3,586
97,915 to the extent of three inches and seventy-one hundredths, on
Inland, &c., from South............
1,204
70,810
3,689
75,055 three days. The thermometer has averaged 57, the highest
being 68 and the lowest 36.
Total to be deducted............... 12,238 427,711 16,618 438,991
Montgomery, Alabama.—Rain has fallen on three days o f
Leaving total net overland*.. 23,503 991,089 10,095 873,545 the week, the precipitation reaching one inch and two hun
dredths. The thermometer has averaged 52, ranging from
* Including movement by rail to Canada.
t Revised.
The foregoing shows that the week’s net overland movement 32 to 72.
Selma, Alabama.—Rainfall for the week one inch and sixtythis year has been 23,503 bales, against 10,095 bales for the same
week in 1891, and that for the season to date the aggregate net five hundredths, on three days. The thermometer has ranged
overland exhibits an increase over a year ago o f 117,544 bales, from 34 to 74, averaging 56.
Auburn, Alabama.—Telegram not received.
Madison, Florida.—Rain has fallen on two days of the*
1891-92.
1890-91.
I n S igh t a n d S p in n ers’
week, the precipitation being seventy-two hundredths of an
T akings.
Since
Since
inch. The thermometer has averaged 61, the highest being
W eek.
W eek.
Sept. 1.
Sept. 1.
71 and the lowest 34.
Receipts at ports to March 1 1 ..., 93,396 6,286,138 87,541 6,009,512
Columbus, Georgia.—W e have had rain on three days of the
Net overland to March 1 1 ........... 23,503 991,089 10,095 873,545 week, to the extent of one inch and fifteen hundredths. The
Southern consumption to Mch. 1 1 15,000 407,000 14,000 380,000
thermometer has averaged 50, ranging from 30 to 59.
Savannah, Georgia.—The weather has been mild and
Total marketed........................ 131,890 7,684,227 111,636 7,263,057
Interior stocks in excess.............. *19,674 423,464 *23,199 358,658 pleasant during the week, with light rain on four days, to the
extent of twenty-one hundredths of an inch. The thermom
Came into sight during week. 112,225
88,437
Total in sight March 11..........
8,107,691
7,621,715 eter has ranged from 40 to 74, averaging 60.
Augusta, Georgia.—W e have had light rain on three days,
North’n spinners tak’gs to Mch.l 1
1,707,529
1,630.749 and the remainder of the week has been clear and pleasant.
* Decrease during week.
The rainfall reached sixty-five hundredths of an inch. Average
It will be seen by the above that there has come into sight thermometer 57, highest 73, lowest 33.
during the week 112,225 bales, against 88,437 bales for the
Charleston, South Carolina.—Rain has fallen on two dayssame week of 1891, and that the increase in amount in sight of the week, to the extent of thirteen hundredths of an inch.
to-night as compared with last year is 485,976 bales.
Average thermometer 60, highest 71 and lowest 43,
THE
12, 1892.J
March
Stateburg, South Carolina.—There has been rain on three
days of the week, the precipitation reaching eighty-five hun
dredths of an inch. The thermometer has averaged 55*7, the
highest being 72 and the lowest 81.
Wilson, North Carolina.—It has rained on two days o f the
week, to the extent of fifty-two hundredths o f an inch. Aver
age thermometer 55, highest 70 and lowest 30.
The following statement we have also received by telegraph
Showing the height o f the rivers at the points named at 3
o’clock March 10, 1892, and March 12, 1891.
M cht.
10, ’92.
M ch.
8 h ip p in g N e w s .— T h e e x p o r t s o f c o t t o n f r o m th e U n ite d
States th e p a st w e e k , as p e r l a t e s t m a i l re tu rn s , h a v e re a ch e d
120,588 bales. S o fa r as th e S ou th ern p o r ts are c o n c e r n e d , th ese
are th e sa m e e x p o rts rep orted b y te le g ra p h a n d p u b lish e d in
th e C h r o n ic l e la st F rid a y . W it h r e g a r d t o N e w Y o r k w e
in clu d e th e m a n ife sts o f a ll vessels c le a r e d u p t o T h u rsd a y .
12.
F eet.
F eet.
16-0
34-7
48'4
18-8
46-5
New Orleans....................... Above low-watermark.12-2
'Memphis............................. Above low-watermark.17*2
Nashville............................Above low-watermark.10-9
99
Shreveport... ..........Above low-water mark.
31-5
Vloksburg_________ Above low-water mark.
T ota l b a les
New Y ork —T o Liverpool, per steamers Aurania, 882.—
Nomadic, 2,© 41....Wisconsin, 903........................................
To Hull, per steamer Francisco. 2,447.....................................
To Havre, per steamer La Champagne, 1,291.......................
To Bremen, per steamers Ems, 4 0 0 ....Lahn, 595 ................
To Hamburg, per steamers Axminster, 2 0 0 ....California,
500___Sorrento, 200.................................. .
To Antwerp, per steamers Chicago, 456---- Noordland, 350.
To Yokohama, per steamers Cape Colonna, 2 0 ....Palm as,
I n d ia C otton M o v e m en t f r o m a l l P o r t s . —The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to March 10.
B O M B A Y RECEIPTS AND SHIPMENTS FO B FO UR Y E A R S .
Shipm ents sin ce Sept. 1.
Shipm ents this w eek.
C onti
G rea t
Y ea r G reat C onti
T otal.
B rit’n. n en t. Total. B r ita in n en t.
33.000 33.000
'91-2
32.000 32.000
'90-1
'9-90 15,000 16.000 31.000
'88-9 5,000 27,000 32.000
C on ti
n en t.
Total.
G reat
B rita in .
Galoutta—
C ontinent.
1,000
1,000
Madras—
1891- 92...
1890- 91...
All others—
Total.
21,000
6.000
29.000
25.000
35.000
17.000
17.000
13.000
11.000
28.000
30.000
4.000
1891-92...
1890- 91...
S ince
Sept. 1.
S hipm ents sin ce Sept. 1.
S hipm ents fo r the w eek.
Great
B rita in .
R eceip t 8.
This
W eek.
206,000 56.000 565.000
333.000 99.000 964.000
515.000 66.000 1,027,000
542.000 77,000 937.000
15.000 191.000
27.000 306.000
119.000 396.000
142.000 400.000
3.000
1,000
91—
2.000
3.000
3.000
21.000
20,000
41.000
38.000
62.000
58,000
189192...
1,000
1890-91...
3.000
3.000
3.000
4.000
42.000
43.000
73.000
80.000
115.000
123.000
1891- 92...
1890Total a ll-
The above totals for the week show that the movement from
the ports other than Bombay is 1,000 bales less than the same
week last year. For the whole of India, therefore, the total
shipments since September 1,1891, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE FROM A L L IN D IA .
This
w eek.
1889-90.
1890-91.
1891-92.
Shipm ents
to a l t E u r o p e
fro m —
This
w eek .
S in ce
Sept. 1.
Since
Sept. 1.
T h is
w eek .
S in ce
Sept. 1.
451
C H E O N IC L E .
4,786
2,447
1,291
995
900
806
120
New Orleans—To Liverpool, per steamers Haytien, 3 ,6 20 ....
Hogarth, 3,700 ...M ain, 4,097— Wm. ClifiFa, 8,160 ......... 19,577
To Havre, per steamers KnigUt Commander, 8,500— Straits
of Magellan, 4,600___per hark Emma Marr, 2 ,5 97 ............. 15,697
To Bremen, per sSteamer Crown, 4,300................................... 4,300
To Hamburg, per steamer Inchdane, 2,204............................. 2,204
To St. Petersburg, per ship J. Weissenhorn, 5,570— per
¿>«50
bark Inca, 2,080.................................. ------------ -----To Narva, per barks Eunomia, 9 9 4 .... Joseph Haydn, 2,415 3,409
To Trieste, per brig Laboremus, 1,100 ........... - - ..........1>lOO
Galveston—To Liverpool, per steamers Llanthony Abbey,
5,740___Tronto, 6,125............................................................. 11 §65
5,625
To Havre, per steamer Mary Thomas, 5,625...........................
Savannah—To Bremen, per steamer Ganges, 6,368.................... 6,368
B runswick —To Liverpool, per steamer Mayfield, 6 ,7 30 ............ 6,730
Charleston—To Liverpool, per steamer Dalbeattie, 1,507........ 1,507
To Bremen, per steamer Bessarabia, 3,964.............................. 3,964
To St. Petersburg, per bark Sibal, 1.800.................................. 1,800
Norfolk —To Rotterdam, per steamer Bothal. 500........... -........
500
Newport News —T o Liverpool, per steamer Victory, 2,025 . . . . 2,025
Boston—To Liverpool, per steamers Lnke Huron, 1,301.......
Lake Superior, 1,429
Lancastrian, 2,432— Norseman,
1 213........
....... ....... . . . . . . . ______ _______________
6,375
To Yarmouth,"per steamer Yarmouth, 100.................... -----100
B altimore—To Liverpool, per steamers Baltimore, 1 4 6 ....
Carthaginian, 1,725— Rossmore, 1,442............................... 3,313
To Bremen, per steamer Weimar, 2,148..................................
*>148
155
To Hamburg, per steamer Venetia, 155............. . ...............
To Rotterdam, per steamers Alma. 100.......Bellini, 5 4 .....
Handel, 5 0 1 . . . . Mendelssohn, 832....Schiedam, 1,344....... 2.631
Total
120,588
T h e particu lars o f th ese sh ip m en ts, a rra n g ed in o u r u su a l
fo r m , are as fo llo w s :
L iv e r
p o o l.
B rem en Other
Y a rm ou th
A H a m - N orth
A Y okoH u ll. H a vre, b u rg. E u ro p e.T rieste. h a m a . Total,
New York. 4,786 2,447 1,291
N. Orleans. 19,577 ........ 15,697
Galveston. 11,365 ........ 5,625
Savannah.
Brunswick. 6,730
Charleston. 1,507 ...................
Norfolk—
N’ p’t News 2,025
Boston . . . . 6,375
Baltimore. 3,313
120 11,345
1,895
806
6,504 11,059 1,100 ........ 53,937
................... 17,490
....................
6,368
6,368
....................
6,730
7,271
3,964 i’,800 .................
500
........
500 ...... . ........
....................
2,025
6,475
100
8,447
2,148 2,986
T o t a l.... 56,178 2,447 22,613 20,879 17,151 1,100
2 20 120,588
Bombay.......... 33,000
All other ports. 3,000
206,000 32,000
115,000 4,000
333.000 31,000
123.000 6,000
Below we add the clearances this week of vessels carrying
515.000 cotton from United States ports, bringing our data down to
150.000 the latest dates:
-
36,000
321,000 36,000
456,000 37,000
665,000
Total.........
A l e x a n d r ia R e c e ip t s a n d S h ip m e n t s .— Through arrangements we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
corresponding week of the previous two years.
A le x a n d r ia , E g yp t,
M a rch 9.
1891-92.
1890-91.
1889-90.
65.000
4,389,000
50,000
3,740,000
34,000
3,042,000
S in ce
T h is
w eek. Sept. 1.
Since
T h is
w eek . Sept. 1.
S in ce
T h is
w eek. Sept. 1.
Exports (hales)—
To Liverpool........... 6,000 275.000 3,000 248.000
To Continent........... 10,000 152.000 11,000 157.000
Total Europe........ 16,000 427,000 14,000 405,000
5.000 229.000
3.000 123.000
8,000 352,000
A oantar is 98 pounds.
M a n c h e s t e r M a r k e t .—Our report received by cable to-night
from Manchester states that the market is easy for both
yarns and shirtings. Merchants are buying very sparingly.
W e give the prices for to-day below and leave those for
previous weeks of this and last year for comparison:________
1891.
1892.
Tw ist.
d.
d. s.
Feb. 5 6916 ®73s 5
« 1 2 63s ®7H 5
“ 19 6&16 ®7^4 5
f* 26 6 3 16®7'S16 5
Mcb.4 é 1^ ®7i8 5
j* l l 6116 ®71i6 5
Liverpool—March 7—Steamer Nutfleld, 6 ,6 7 6 .....
March 9-Steam er Maria, 5,831.
_
■ ... .
New O r l e a n s —To Bremen-March 5—Steamer Bengore Head, 4,374.
SAVANNAH—To Reval-M arch 8 —Steamer Maritana, 4,750.
To Barcelona—March 5 -Steamer Naut Gwyant, 4 ,5 0 0 ...Maroh 9 Steamer Elirmlle, 5,500.
To Corunna - vl troh 7 —Bark Rosita, 200.
'Ch a r l e s t o n — To Gefl.e—March 4 —Bark Vulkan, 1,140.
N o r f o l k —To Liverpool-M arch 11—Steamer Jessie, 4,518.
To Hamburg—March 7—Steamer Thordisa, 2,335.
To Nordkoping-Maroh 10-B a rk Giovanni, 1,450.
W e s t P o i n t — T o Liverpool—March 5 —Steamer St. Regulus, 4 , 9 8 2 .
N e w p o r t N e w s —To Liverpool—Maroh 7—Steamers Bavarian, 3 , 262:
___- Bulgarian, 1,072.
„ . .
B oston —T o L iverpool—March 1 —S tea m er Bostonian, 417. ...M a r c h 3
Receipts (cantars*)__
This week__
- i.ceSept. 1.
32s Cop.
G a l v e s t o n —To
814 lbs.
S h irtin gs.
d. s. d.
5 ® 6 10
3 ® 6 81«
2 ® 6 7*2
1Lj®6 7
1 @6 6
0*2® 6 5
Oolt'n
M id. 32s Cop.
Tw ist.
JJplds
d.
d.
d.
3 i5ie 8 ®8i4
31*16 7 78 «81 «
3\
7 78 ® 8 ie
31116 7 78 ® 8 ie
3% 7*% ® 8
311j6 738 ®7%
8*4 lbs.
S h irtin g s.
a. d. s.
6 3 ®7
6 li2 ® 7
6 lia ® 7
6 li2 ® 7
6 0 ®7
Oott’n
M id.
TJpldi
d.
d.
3
5
2
2
2
m $
478
478
41*16
0
Steamer Kansas, 3,359...... March 4 -Steam er Allepo, 689........
March 5—Steamer Virginian, 2,039.
_
To Hamburg-March 1 -Steamer Stubbenhuk, 1,180....M arch 5 —
Steamer Cremon, 642.
To Antwerp—March 1—Steamer Steinhoft, 222.
B a l t i m o r e —To Liverpool—March 3 —Steamer Mentmore, 423.
To London-M arch 5 - Steamer Maryland, 200.
To Havre—Maroh 7 —Steamer Govino. 1,203.
To Bremen—March 2—Steamer America, 1,000----- Maron USteamer Oldenburg, 1,537.
. .
To Rotterdam -Feb. 29—Steamer Toledo, 4 9 o....M a rch 4 —Steamer
jp Cftlftnd 778.
To Antwerp’ —Feb. 26—Steamer Regina, 600.
Cotton freights the past week have been as follows:
S a tur.
L iv e r p o o l, stea m d.
964
....
Do
b ia ...d .
H a v re , s t e a m ...d.
532
....
Do
..............d.
B re m e n , s t e a m ., d.
732
D o in d ire ct..^ .
1364
H a m b u rg, ste am .d.
*16
Do
...........d.
A m s t’d ’m ,ste a m .d .
40*
I n d i r e c t ............d.
R e v a l, s te a m ___ d. 1*®932
....
Do
................. d.
B a rce lo n a ,s te a m d. j4 ® 932
G e n o a , s t e a m ...A.
732
T rie ste , s t e a m ...d . 1^64® *4
A n tw e r p , s te a m , d. 1«® 964
W ed n es) T h u rs.
F r i.
M on .
Tues.
964
964
....
....
....
....
....
b32
532
B32
B32
B32
B32
532
B32
—
....
—
—
....
782
1364
S16
7S2
1364
s 16
73a
732
782
....
....
....
....
....
40*
40*
40*
40*
40*
....
....
l l ® 932
*4®932
—
—
....
*16
310
s 16
....
....
....
732®932 732®932 7S2®932
41616
5 11 ®6 11
....
....
....
....
I4
H
l4 ® 932 i4 ® 932 14*332
has been a moderate
732
7S2
732
732
732
business in jute bagging during the past week at well main.,
1664-L764 1564-1«64 1564_176*
1®64® *4 i564®
lg ® 964 i *8®9a*
tained prices. Quotations are 5 ^ c. for 1% lbs., 6c. fo r 2 lbs,
!e ® 964 *8®964 1 18 0064
and 6%c. for standard grades. Manufacturers are w ell
Cents, per 100 lbs.
L iv e r p o o l .—By cable from Liverpool we have the follow in g
supplied with jute butts, and trading is consequently light.
Quoted, 2c. for paper grades and 2%@3c, for bagging quality, statement o f the week’s sales, stocks, &c., at that port;
J u t e B u t t s , B a g g in g , & c .—There
THE CHJEtOtfJCLE.
4Ô2
F eb. 19.
Feb. 26.
M ch. 11.
M ch. 4.
B ales o f t h e w e e k ............. bales.
49.000
65.000
54.000
4A000
O f w h ic h e x p o r te r s t o o k ___
3.000
4.000
5,200
1,600
O f w h ic h sp ecu la tors t o o k ..
14.000
14.000
1 2 ,2 0 0
6,400
B ales A m e r ic a n ............................
44.000
61.000
39.000
49.000
A c t u a l e x p o r t ................................
7.000
6.000
11.0 0 0
5,000
F o r w a r d e d ......................................
68.000
65.000
74.000
65.000
T o t a l s to c k —E s tim a te d ............ 1.673.000 1.690.000 1.709.000 1.719.000
O f w h ic h A m e r ic a n —E stim ’ d 1.438.000 1.445.000 1.466.000 1.469.000
T o ta l im p o r t o f th e w e e k .........
84.000
84.000
88 .000
95.000
O f w h ic h A m e r ic a n .................
77.000
89.000
69.000
69,000
A m o u n t a flo a t.......................... ..
230.000 225.000 20 2,0 0 0 157.000
2 2 0 .0 0 0 215.000 190,000 145.000
O f w h ic h A m e r i c a n . . . . . . . . . .
( Vh u LIV.
Indian corn has not maintained values. The large re
ceipts at the West and the check to export business
which arose from a slight advance in prices, together
with some increase in the visible supply, defeated all
the efforts of the bulls to promote a speculation for the
rise. To-day the market was depressed by the Govern
ment report, estimating 860,000,000 bushels in the hands of,
farmers against 542,000,000 bushels last year, but at some
decline there was a large business for export, with an activelocal trade.
DAILY CLOSING PRICES OP NO. 2 MIXED CORN.
Sat.
The tone o f the Liverpool market for spots and futures each March deliverv......
...... 0 . 49%
day o f the week ending M arch 11, and the^daily closing prices April
delivery..........
of spot cotton, have been as follows:
May delivery______ .......c. 49%
Spot.
S a tu rd a y M on d a y. T u esd a y. W ednes. T h ursd 'y. F rid a y .
M a rk et, Ì In buyers’
favor.
3%
3%
M id ,U p l’d s.
7.000
B a le s ............
S pec. & e x p .
Dull.
Quiet.
1:45 p. M. j
M a rk et, \
4 P. M. $
311X6
7.000
31116
31%«
10 ,0 0 0
2,000
8,000
2,000
Easy at
2-64 de
cline.
Steady at
1-64 de
cline.
Steady.
Steady at
1-64 advance.
Easy.
Very
steady.
Steady.
Juñe delivery........ . . . . . 0 . 48%
July delivery........
Tues.
Wed.
49%
49%
49%
48
48%
49%
49%
49%
48%
48%
49%
49%
49%
47%
48%
4 8%
49 '
48%
47%
47%,
Oats have been quiet, fluctuating within narrow limits.
Yesterday values for contracts were sustained by higher
prices in the spot market, where the offerings were very small»
To-day the market was weak in sympathy with the decline in
wheat and corn.
2.000
DAILY CLOSING PRICES OP NO. 2 MIXED OATS.
Sat.
Barely steady. ^Steady.
- Quiet,
Quiet.
3ili6
1,500
F u tu res.
Steady at Steady at
M a rk et; ( 2-64
@ 3-64 1-64 ad .
1:45 p. M. j decline.
vance.
In buyers’
favor.
7,000
1,500
8,000
2 .000
Steady.
M on.
49%
50
49%
48%
48%
M on.
March delivery............ o. 3638
April delivery............... c. 36%
May delivery..... ............o. 36%
June delivery................c ............
July delivery.................c ............
36%
36%
36%
36
36
Tues.
Wed.
36%
36%
36%
35%
35%
36%
36%
36%
56
35%
T hurs.
36%
36%
36%
36
35%
F r i.
36
36%
36%
35%
35
Rye has sold to a moderate extent but mainly on private
The opening, highest, lowest and closing prices of futures a* terms, understood to be at some decline. Buckwheat and
Liverpool for each day are given below. Prices are on th e barley are nearly nominal.
The following are closing quotations :
basis of Uplands, Low Middling clause, unless otherwise stated :
S a t ., M c h . 5 .
O p en H ig h L o w . Olos.
M a rch ........
M ch.-A pril.
A pril-M ay..
M ay-June..
June-July...
J u ly-A u g ...
August.......
September..
Sept.-O ct...
Oct.-Nov..'..
N ov.-D ee...
T u e s ., M c h . 8 .
7.
O pen H ig h L o w . O los.
O pen H ig h L o w
d.
a.
d.
d.
d.
d.
d.
d.
d.
d.
3 43
3 43
3 46
3 48
3 51
3 64
3 57
3 60
3 60
3 63
3 43
8 43
3 45
8 48
3 51
3 55
3 58
3 60
3 60
3 63
8 48
3 43
3 45
3 48
8 51
3 54
8 57
3 60
8 60
3 63
3 43
3 43
3 45
3 48
3 51
3 55
3 58
8 60
3 60
3 63
8 48
3 43
3 45
3 48
3 52
3 55
8 58
3 61
3 61
4 00
3 44
3 44
3 46
3 49
3 52
3 55
3 58
3 61
3 61
4 00
3 43
3 43
3 44
3 47
3 51
3 54
3 57
3 60
3 00
3 63
3 43
3 43
3 45
3 48
3 51
3 54
3 58
3 61
361
4 00
3 40
3 40
3 41
3 45
3 48
3 51
3 54
3 57
3 57
3 60
3 41
3 41
3 42
3 46
3 49
8 52
3 55
S 58
3 58
3 61
W e d ., M c h . 9 .
O p en H ig h L o w .
M a rch ........
M ch.-April.
▲pril-May..
M ay-June..
June-Jnly...
J u ly-A u g ...
A ugust......
September..
Sept.-O ct...
O ct.-N ov....
N ov.-D ee...
M o n ., M ch
T h u r s ., M c h . 1 0 .
d.
3 40
3 40
3 41
3 45
3 48
3 51
3 54
3 57
3 57
3 00
C lot
d.
3 41
3 41
3 42
3 46
3 49
3 52
8 55
8 58
3 58
3 61
F r i., M c h . 1 1 .
Oíos. O p en H ig h L o w . O los. O pen H ig h L o w . Olos.
d.
a.
d.
d.
d.
d.
d.
d.
3 40
3 40
3 41
3 44
3 48
3 51
3 64
3 67
3 57
3 61
8 40
3 40
3 42
3 45
3 48
3 52
3 55
3 58
3 58
8 61
3 39
339
3 40
3 43
3 47
3 50
3 63
3 56
3 66
3 59
3 89
3 39
8 41
3 44
3 47
3 50
3 53
3 56
3 56
3 59
3 37
3 37
3 38
8 41
3 45
3 48
3 51
3 54
3 54
3 67
3Í38
3>8
3 40
3 42
3 46
3 49
8 53
3 56
3 56
8 59
3 37
3 37
3 38
3 41
3 45
3 48
3 51
3 54
3 54
3 57
3 38
3 38
3 40
3 42
3 46
3 49
3 53
3 56
3 56
8 59
d.
3 89
3 39
3 40
3 43
3 47
3 50
3 53
3 56
3 56
8 59
d.
d.
340
3 40
3 42
3 45
8 48
3 51
3 55
3 58
3 58
3 60
3 39
3 39
3 40
3 43
3 47
3 50
3 53
8 66
3 56
3 59
(L
3 40
3 40
3 42
3 45
3 48
8 51
3 55
8 58
353
3 00
B R E A D ST U F F S .
F r i d a y . March 11,1892.
The flour market has been without decided change in prices,
but trade, except for brief spurts of activity, has been quite
dull. Shippers held aloof, and the local trade did not seem
to be in heed of large supplies. On Wednesday, with an up
ward turn to wheat, buyers accepted offers of wheat flour
which they had refused the day before, and considerable lines
were moved, and a fair business was done on Thurday. To
day the whole market was weak and some figures for wheat
flour were slightly reduced.
The wheat market was quite depressed early in the week,
owing mainly to selling on accounts from the West, where
receipts were large and the weather favorable for the next
crop, counteracting the effect of a good export demand. But
on Wednesday there was an upward turn to values, owing to
the occurrence of a “ blizzard” at the West, with adverse
crop accounts from France. The export buying for the week
has approximated half a million bushels, including on
Wednesday afternoon large lines of frosted Manitoba and
other low grades at 78@92c., with some No. 2 red winter at
about $1 05, afloat. To-day there was a sharp decline, owing
to the Government reporting 171,000,000 bushels in the hands
o f farmers, against 112,000,000 bushels last year. At some
decline there was a good business for export.
DAILY CLOSING PRICES OP NO. 2 RED WINTER WHEAT.
Sat.
M on .
Tues.
Wed.
Thurs.
March delivery....
10 2 % 10 0 %
April delivery___
103
10 1%
May delivery........ .
1 0 1 % 99%
r ñe delivery. . . . . .
99%
97%
J y delivery;..... . . . . -0 .’ 9&%
August delivery...... ....0 .
6 -°8
10 1%
10 1%
99%
98 *
9*%
yi-Ts
10 2 %
10 2 %
10 0 %
98%
9” %
95%
101 %
102
100%
F ri.
100%
100 %
98%
98%
97%
97%
96%
95%. . .91%
FLOUR.
F in e................ ¥ bbl. $2 50® $3 10 Patent, w in te r ....... $4 75®$4 9i>
Superfine.................... 3 0 0 ® 3 40 City mill s extra s..... 4 9 0 » ___
Extra, No. 2 ............. 3 40® 3 60 Bye flour,superfine.. 4 25® 4 60
Extra, No. 1 ............. S 75® 4 25
F in e....................... 3 75® 4 00
Clears........................ 4 2 0 ® 4 65 Corn meal—
Straights.......... .
4 50® 4 85
Western, &o............ 2 90 ® 3 0 5
Patent, spring...___ 4 85® 5 10
Brandywine........... 3 10 ® ___
Buckwheat flour per 100 lbs., $1 50 ® $1 60.
[Wheat flour in sacks sells at prices below those for barrels.]
GRAIN.
Wheat—
o.
c.
Spring, per bush... 88 ®1 07
Bed winter No. 2 .. 1 02 ®1 03
Bed winter............ 85 ®1 06
White............. ........ 95 ®1 05
Oats—M ixed..^ bu. 35%® 38
White............. ........ 37% ® 42
No. 2 mixed___. . . 36%® 37%
No. 2 w h ite ....___ 38%® 39%
Buckwheat............... 56 ® 59
Com, per bush.—
West’n m ix e d .....
Steamer No 2........
West’n yellow.......
Western w hite. . . .
Bye Western, per bush.
8 tateand Jersey..
Barley—No.2West’n.
State, 2 rowed . ..
State, 6 rowed.......
47 « 50
48%® 49%
47 ® 50
50 ® 54
95
95
64
54
65
®
®
®
®
®
98
98
66
56
67
The movement of breadstuffs to market is indicated in the
statement below, prepared by us from the figures o f the N£w
York Produce Exchange.
We first give the receipts at
Western lake and river ports, arranged so as to present the
comparative movement for the week ending March 5, 18! 2,
and since August 1, for each o f the last three years:
Receipts a t -
F lou r.
W h e a t.
O om .
Oats.
Barley.
B y e.
B5D.190ÍÍ» Bush.00 lb- BushJiO lb Busb.32 lb.- Buah.48 lb B u . 50 ' <
101,972
459,032 1,295,553 1,213,151
Chicago......
398,881
08,887
200.700
87,372
22,040
95,000
Milwaukee.
136,200
17,440
480,412
Duluth........
1,833,620
Minneapolis
2,400
61,001
225,600
1,400
1,800
Toledo......
6,300
4,644
191,732
10,418
31,981
D etroit..
16,807
34,437
.......
Slave la m’ ....
5,685
52,841
14,688
12,559
37,675
207,475 1,407,425
182,835
St. Louis.
38,500
18,281
4.200
19,000
208,00'
P eoria..........
187,40
22,800
7,150Tot, wk. ’92
Same wk.’9l
tame wk. 90
243,918
159,930
193,868
3,553,408
1,675.215
1,239,212
3,169,119
1,725,043
4,443,149
1,785,208
1,308,079
1,199,017
627,547
339,187
430,853
118,008
86,502
72,18s
S in ce A u g .
1891-92......
1890-91......
1889-90....
7,697,490 169,737.490 79,570,096 68,575,613 25,508,435 13,025,852
0,850,814 78,061,428 67,338,Ç94 59,047,078 25,511,681 3,184,144
7,413,384 90,157,385 105,108.884 54,801,077 20,374.786 4.462.215
The receipts o f flour and gram at the seaboard ports fo r the
week ended March 5, 1892, follow :
A t—
F lo u r ,
bbls.
New Y ork .... .118,631
P o s t o n ....... 54,047
7,000
Montreal.......
Philadelphia. 54,051
Baltimore.. . 64,120
8,850
Richmond .. .
New Orleans. 17,118
W heat,
bush.
O orn ,
bush .
668,250 709,900
234,824
65.313
58,387
1,433
103,044 750,941
318,619 1,158,227
43,616
54,336
478,859 576,150
Total week..323,817 1,905,599 3,316,300
Cor. week’ 91.221,103 325.364 946,539
O ats,
b u sh .
B a r le y ,
b u sh .
283,925 111.390
3,980
239,899
3,106
56,459
162,840
68,000
36,058
37,290
780
i y e,
bu sh ,
63,027
9.414
3,85»
4,000
31,844
25,800
883,471119,256 137,944
619,614 38,783 14,854
Below are the rail shipments o f flour and grain from
Western lake and river ports for four years:
1892.
W eek
M a rch 5.
1891.
1890.
1889.
W eek
M a rch 7.
W eek
M a rch 8.
W eek
M a rch 9.'
Wheat. . . . . . . . . b u sh . 1 ,2 1 2 ,4 9 4
C om ___. . . . ___ ..1 ,8 4 7 ,4 4 2
Oats..........: . . . . . . . . . 1,677,177
B a rle y .'.«..»«..». . . . 382,57.3
isWe.
....... .
.82,734
654,946
1,001,359
1,241,036
178,592
75,941
318,069
3,349,011
1,573,425
216,263
47,046
568,390
1,392,039
703,098
343,175
37,533
T o ta l. . . . . . . . . . . . 5,202,420
.3,151,874
5,503814
3,011,235
f l o u r ............... bbls.
437,434
347,328
316,723
290,186 s
THE CHRONICLE.
M a r c h 12,1892.]
The pxnortfl from the several seaboard ports for the week
endincr M irch 5 1892 are shown in the annexed statement:
E x p o rt*
fr o m —
New York
Boston...
Portland.
Norfolk..
Fhiladel.
Baltim’re
N. Orl’ns.
N.News..
Richm’d .
__,
.
_
Wheat.
O om .
Bush.
B u«h.
943.376 465.792
8,795
le6.3»4|
94.372!
94,090
41.430
H our.
Oat*.
By*.
Pea*.
Bhis.
Puah
p.i*h
jRm«4
108.132
55,656
19,930
36,051
70,896
S.OOO 1,099.806
145,287 1,055.194
421,323, 318,267
187,500
........
Tot.week. 2,060.282 2,989,284
B’me time!
1891...I 168,8271 482,194
57,078
76.113 32 066
8,713! 5>-,939
8,776
13,265 j
16.000
39,370,
529
94,050
365,314
77,008
132,838
3,773
153,461
99,781
52,531
The visible supply o f grain, comprising the stocks in granar y
at the principal points of accumulation at lake and seaboar d
ports, March 5, 1892:
I n store at—
Wheat,
bus V
Corn,
hush.
Oatt,
bu*h.
B ye,
bush.
616.853
New Y ork .......3,418,7041,668,282 1,209,393
Do afloat.......
248,000
...............
8,000
23,600 19,200
15.000
Albany.
36,374 33,094
121,162
Buffalo ............ 1,835,980
Do
afloat..... 150,600
Chicago .......... 9,539,701 1,620,284 882.172 541.764
89,467
14 960
50',333
Do
afloat.... 997,067
78,590
9,552
15,483
Milwaukee.......
341,135
D ninth.............. 8,927,267
Do
afloat.... 400,703
95.112
496,024 127,495
Toledo.............. 1,488,223
38,539
33,763
13,766
D e tro it...........
592,9 6
Oswego____. .. .
25.000
Bt. Louis............ 1,627,635 3,403,208 204,093 *” l",265
4,000
31.000
dindonati. .. . .. .
6.0 >0
6,379
76 038
86]618
B oston ...... . . . . .
148, »15
7,192 ...........
Toronto........ .
154.071
243.467
1,050
31,175
Montreal............
530,913
461.158 475.816
Philadelphia......
41 ».587
357.382 142,246 Ï3*,8ÏÏ
16.613
Peoria.................
16,500
23,639 108 Oil
Indianapolis.....
35,319
11,430
13.313
89,079
Kansas C ity.....
571,020
Baltimore. . . . . . .
9 >0,618 1,943,559 141,21 L 110,003
26,181
301,621
Minneapolis........ 8,812 408
36,310
14,827
On Mississippi...
292,330
17,000
On canal & river...................
Tot. Mar.
Tot. Feb.
Tot. Mar.
Tot. Mar.
Tot. Mar.
B ar ey,
bu*v.
65,208
97.500
6,300
306.582
143,870
230,908
' 25,663
27,183
55,000
7«,lt-6
229.000
9,001
14 <,052
79,435
12,763
” 3’095
5/92. 41,555,235 11,051,297 3,836,387 1,819.050 1.510,75 >
27/92 41.1'0,285 10,386.556 3,886.222 1.868.354 1.566.332
7/91. 23.15 ',571 2.639,250 2.374.'l5 4 392.8 23 2,179.319
8/90. 28,314,594 14.517,694 4,863,399 1.588,435 1.653.542
9/89. 31,780,157 16,911,625 7,741,338 l,6 il,0 i9 1,712,138
THE DRY GOODS TRADE.
453
Bleached cottons showed some irregularity in low qualities,
but popular shirting makes are well 8 >ld ahead and steady.
Colored cottons continue in better request th*n supply and
tend against buyers. Southern plaids are reported in better
shape han for some considerable time pas -., tbe “ combina
tion” mills all being well under orders. Business in printed
fabrics is quiet for regular fancies, but higher priced special
ties still fini a rea^y market. Ginghams are quiet through
out at first hands and prices have occas'onally been cut some
what by jobbers. Print cloths are still unchanged at 3 1 16c,
per yard for 64 squares, stocks being kept closely sold up at
Fall River and Providence. Tbe dividends reported this
quarter by the Fall River mills show the print cloth
industry in an improving condition, the aggregate amounts
paid being in excess of the corresponding quarter in 1S91,
The quotations for mill stocks also show quite an apprecia
ble advance on the same comparison.
1892,
S tock o f P r i n t O lo th t—
Held by Providence manufacturers.
Fall River manufacturers___. . . . . . .
March 5
5,000
5,000
None.
1891,
March 6 .
364.000
257,°O0
3,000
1890.
Ma' ch 7,
318,000
51.000
10 ,0 0 0
379,000
624,000
,0 0 0
Total stock (p ie c e s ).............. 10
10,000
D omestic W oolens.—The business of the past week has
produc-d little of special note. Buyers have placed orders
for moderate quantities o f men’s-wear woolens and worsteds,
confining their attention largely to finer qualities on the one
hand and low-priced pure wool goods on tbe other, medium
qualities being comparatively neglected. Most agents, how
ever, report a bei ter condition of affairs than at the corre
sponding time last year on all specialties, with staple lines as
well cared for now as then. Overcoatings continue well sold
ahead, and the new season in cloakings just opening promises
well. Satinets, cotton-warp cassimeres and cotton mixtures
are generally in very indifferent request, although some good
styles cotton-backed worsteds have taken well. Doeskins and
Kentucky jeans are inactive. All-wool and worsted dress
goods are in regular duplicating request, but some jobbers
have been able to pick up a few cheap lots from different
manufacturers.
Foreign D ry Goods. —Importers have again transacted a
very fair business, the attendance of buyers being on a con
siderable scale. In dress goods, specialties, while still in com
paratively largest request, have not so completely monopo
lized attention as previously, considerable quantities of Henri
ettas, cashmeres and other staple lines being taken for imme
diate consumption. Light-weight worsteds in men’s-wear
styles have also done fairly well. Silks continue in good re
quest in printed styles, with more favor shown towards grosgrains and heavy cords. Prices are steady, although here and
there concessions are made to clear out some fancies which
have moved slowly.
Nrw Y ork , Friday P. M., March 11,1892.
Business at first hand is still being conducted without any
show of activity, but judging from rei-ults reported bv agents
in various direc ions, the cu rent movement, as made up o f
I m p o r t a t i o n s o f D rv G o o d s .
day-to-day sales and deliveries, is of consid rable extent.
The importations of dry goods at this port for the week
Prices are on a low basis judged by everything but the price ending March 10, 1892, and since Jan. 1, and the same facts
o f raw co ton, and this, unless experience is at fault, means for the corresponding periods o f last year are as follows:
increased consumption in the long ruu. Buyers have not
shown the slightest anxiety, however, to make aay unusual
gi
g
S
flw g
g.SLi Q
«3L2H
S®
P3
provision for increased future needs, and according to their
ftSP
»■2 ® S w S o S
E h * 2 ® g.
rro
own accounts are doing very little more than supplying cur
¡T
*rtgP-1
v •■ â
fl
2»
rent requirements. It is a favorable feature th*t these re
Fri
b; ■
®
•; : ; 0
quirements are such as to call for so many goods as are now
o; •« •h
a • • ■ 3
being delivered by agents aud from the mitls. S ocks are
kept in fair shape and the week has passed without any
changes in prices being reported. The jobbing trade has
again been on a very considerable scale, althouih hard 'y so
© OOM
octo
good as during the last week in February. Here and there
C
©©,^00
4»00-*
bi© MCOtOCWCO
CRO » COCW
*0CW4»
o a?
©O—
© cooc tO
tDV»ifLto00
are indications of the season approaching its close in the form
CO CR © A CO
°0
NlM ©CW>f»if»
o f cut prices, but these are, so far, of limited extent, and con
JO to
K)CO CO
M
M
to*^ tOCW
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fined to isolated instances in woven wash fabrics and *-ilk
tOCW
M M
Si
MM
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00 X) CO CW - I
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tO©
! CO©^3©00.
Mg!
Mp©*-t®T»
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O ptocw to^lpj-to
fancies. A feature of the we jk was the sale at auction of the
© J-» 10IC<1JOo'
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m coif»ao*o
© ìk'o»
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Phoenix Mfg. C >.’s stock of silks on Wednesday, and a large
© 00
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>-‘ 05 I CO10 CO^ iO
©4»00©CW
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to to * k O Q JLI^
auction sale of ribbons yesterday. Both were considered
successful by the s-llers, prices closely approaching current
to to
ou
M
market values. Collections are still reported in good shape.
© CW*» 1^05|LTOM
^tOifL030501
O to O©CW
ooVi fibMCO©<J0
cJw
D omestic Cotton G oods.—The exports o f cotton gnrds
V 00CO¿-"CO
CW 30 00 ÌO tO
5 toco to<1 tocw
M O»03X
©10^1 oi to
from this port for the week ending March 8 were 1,412
o ©>f» toMJOM©
—©0000©
packages, valued at $80,988, their destination being to the
C
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>
f»
I
C
0C0Ç»^ÇW
A
If»©
tO
M
tO
points specified in the table below: .
<35 | £> — m *3 * to
CO©© © cw
•
ft ©00
©
<^i co<fo^o
to I CO tO CO00 X)
vj
tO
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r
f»
©4^
3
to
to
4
C
O
O
C
K
)
^
0
3
<1I Vip COjOJ3 I
1892.
M -J^
18b 1
<JCW CRJO to p Ol
N b w Y ork to March 8 .
M
—
4W
»©~X
MtO CDto CO ©
—CW Ì03DO-M
C
WIj *f»M
>
f»C
CD*b
tO
©
to
©<1
CW© 00
Mtf»tO©©
W eek. S in ee J a n . 1
W eek. S in ce J a n . 1
tô
v|Q0<l
©
©
»to too
to CO M^ltOOOrto to
Great Britain.....................
112
962
870
126
CO c to
© tO
Other European________ . . .
35
95
372
447
tOtf» 1CO4»
io ©to toooto cw
©© M © — tOCW
C h ina.....................................
10 0
21,991
CW‘ ©© ©
17,324
1,623
MOO orfico oom
tOCDtO00CO
oO 00
©OCWCW
00
C
cw toQoa moo
CO©COCD©
India......................................
375
3.655
1,632
2 12
to
A rab ia ...................................
1,635
8i>4
50
©g1
C
O
00
4*4»
0
0
M
M
M
to©
Africa............. .......................
19
235
3,845
© MCON
QOXt^tO©
m i ©co
©*
©
West Indies....... ....................
90
3,541
2,820
243
jsl 4*©JOJO«
©00©OtO
^J
»
*
oo
5
M exico................. . . . . . . . . . . .
187
460
1.017
34
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C
W© © O
CM
Central America______ _ .
CO m © a?»©cw
Wrf»*-tOtO
© cocw C
180
1,334
1,446
355
©4-Q0M4*
r-^iWWH
M
©
>
©
C
W
^J©
Bouth America.......................
273
8,876
1,407
6.884
m
Other countries.....................
41
577
72
318
Total................................
China, via Vancouver.........
1,412
....
40.267
3,400
4,217
40.778
8,050
Total.................................
1.412
43.667
4,217
48.828
Tbe value of the New York exports since January 1 have
been $2,150,682 in 1892 against $2,210,032 in 1891.
Brown sheetings and drills were in fair home demand
without change in price, but export business was quiet.
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454
THE
CmLOmCLK
TERMS OF SUBSCRIPTION.
[V o L , L IV .
1892.
The total debt (exclusive of the $380,000
bond) January 1 was............. ............................. $222,913
Cash in treasury January 1 .................................. 185,159
$199,88$
215,850
1891.
ifet debt 1892 and cash balance 1891............... $37,754
$15,962
ASSESSED VALUATION.—The following statement shows the
C o m m e rc ia l a n d F in a n c ia l C H R O N IC L E con- assessed valuation of real and personal property in the State and the
net proceeds of mines for the years indicated :
ains 4 0 to 64 pages published every week.
S tate a n d City S u p p lem en t of C H R O N IC L E con
tains 184 pages published several times each year.
In v e sto rs’ S u p p lem en t of C H R O N IC L E (a Cyclo
paedia of Railroad Securities) contains 160 pages published
«¡very other month.
Subscription to CHRONICLE for one year $10.00,
which includes every issue of both S upplements !
T h e p u rp o se o f this State a n d City D e p a r tm e n t
is to furnish our subscribers with a weekly addition to and
continuation of the S tate and C it y S upplement . In other
words, with the new facts we shall give, the amplifications
and corrections we shall publish, and the municipal laws we
shall analyze in the “ State and City Department,” we expect
to bring down weekly the information contained in the
S tate and Cit y Supplement to as near the current date as
possible. Hence if every Subscriber will note in his S u p ple
ment on the page designated at the head of each item a
reference to the page where the item in the Chronicle can
be found, he will at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debts.
STATE AND COUNTY FINANCES IN NEVADA.
W e have received this week the annual reports for the year
ending December 31 1891 of the State Comptroller and State
Treasurer of Nevada. The following statements of the debt,
assets and assessed valuation of the State and its counties
have been revised by means of these reports, and they show
the financial standing on January 1 1892. No report was
made by the officers of Lincoln County this year, and the fig
ures given below are the same as those which were printed in
our S tate and Cit y S upplement o f October 311891.
The State debt this year, exclusive o f the irredeemable
bond for $380,000, is $222,913, an increase o f $23,025 on the
amount of outstanding liabilities on January 1 1891. The
total assessment for 1891 is $30,570,437, against $25,350,093 for
1890, showing an increase during the year of $5,220,344. This
increase is, however, accounted for by the fact that, contrary
to their previous custom, the Board of Assessors took last year
the actual cash value of property as the basis o f assessment.
The real value of property in the State has probably changed
but little.
The total debt of all the counties in Nevada on January 1
1892 was $856,702, against $948,325 on the first day of the pre
ceding year. The grand total of State and county indebted
ness on January 1 1892 was $1,079,615.
W e give first the details of the State’s debt and valuation,
and following that are financial reports for eaeh of the coun
ties. It will be noticed that five counties, namely, Churchill,
Douglas, Elk©, Eureka and Storey have reported no debt of
any description.
S T A T E O F N E V A D A .—R. K. Colcord , Governor.
The State capital is Carson City.
LOANSP . Ot.
NAME AND PURPOSE.
8 «hool bonds* Apr. 1 ,1879___ 5
do
Oct. 1, 1 8 8 7.... 4
do
Nov. 1, 1887___ 4
do
Sept. 1 ,1 8 8 9 .... 4
do
Oct. 1,1889....... 4
do
Nov. 1 ,1 8 9 9 .... 4
do
Aug.15,1891__ 4
do
Sept. 1 ,1 8 9 1 ... 4
do
Nov. 1 ,1 8 9 1 ... 4
do
Mar. 1 ,1 8 8 2 .... 4
do
Apr. 1. 1 8 8 2 .... 4
umversitybondstMay 1, 1889 4
do
Aug. 1, 1889 4
do
Oct. 1, 1889 4
do
Feb. 2Í, 1890 4
do
June11,1890 4
do
Nov. 11,1890 4
'----------- JrVXTiCXpCtl,----------
P a ya b le.
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
W h en D u e.
O utstand\
& J Irredeemable $380, Of
& J Oct. 1, 1897
17.00
& J Nov. 1, 1897
15.00
& J Sept. 1, 1899
20.00
& J Oct. 1, 1899
20,00
& J Nov. 1, 1899
20,00
J Aug. 15,1901
10,00
& J Sept. 1, 1901
20,00
& J Nov. 1, 1901
20,00
& J Meli. 1, 1902
14.00
& J Apr. 1, 1902
13.00
& J May 1, 1899
5.00
& J Aug. 1 , 1899
5.00
& J Oct. 1, 1899
5.00
& J Feb. 21,1900
10.00
& J June 11,1900
10,00
<fe J Nov. 11,1900
3.00
t These bonds are all held by the University Fund 90,000 Aere Orar
PAR VALUE OF BONDS.—Bonds are in pieees of $1,000 each.
TOTAL DEBT, Etc .—The subjoined statement shows the total
debt o f the State (exclusive of the irredeemable bond for $380,000)
and the cash in the State Treasury applicable to the payment of the
same on January I of each of the last two years. As shown in the
able the assets in 1891 exceeded the bonded indebtedness by $15,962
T ea rs.
P e a l E sta te.
P erson a l
P r o p e r ty .
N et P ro c eed s
o f M in es.
Total ""
A ssessm en t.
1891..................$21,470,035
$8,337,507
$762,895 $30,570,437
1P90................ 16,934,721
7,728,663
686,709
25,350,093
1889................ 17,418,101
9,211,579
1,285,493
27,915,173
1888.................. 17,013,582
9,724,796
2,109,292
28,847,670
1887................ 15,649,536
10,790,670
1,557,132
27,997,338
1886................ 16,440,245
9,308,632
554,346
26,303,223
1885............... 17,062,944
9,400,344
939,336
27,402,624
1>84.................. 17,568,271
9,029,027
1,453,686
28,050,984
1883.................. 18,845,^68
8,912,304
1,643,407
29,401,570
1882................ 19,152,541
8,216,793
1.740,554
29,109,88$
9,476,717
2,542,371
30,909,608
1881................. 18,890,520
1880................ 17,742,714
9,855,944
4,496,738
32,095,39$
1875................ 15,502,392
13,737,472
17,003,869
46,243,73$
1870.................. 11,320,113
8,377,995
5,910,398
25,608,506
1865...........................
........
3,286,672
21,984,947
The State tax rate, which for some years past has been $9-00 (per
$1,000) was reduced for the year 1891 to $7-50.
Churchill County.—J. W . R ic h a r ds , Treasurer.
The county seat is Stillwater. This county has no debt.
Cash in treasury 1892......$10,032
Tax valuation 1891...........772,775
Tax valuation 1 8 9 0.......4 94 ,9 3 1
County property 1 8 9 2 .... $6,800
Population in 1890 w a s...
703
Population in 1880 w a s...
479
Douglas County.—N. B lossom , Treasurer.
The county seat is Genoa. This county has no debt.
Cash in treasury 1892....... $21,216 County property 1892.......$10,000
Tax valuation 1891............ 945,921 Population in 1890 w a s... 1,551
Tax valuation 1890............ 732,591 Population in 1880 w a s... 1,581
E lko County.—J ames C l a r k , Treasurer.
Ih e county seat is Elko. This county has no debt.
Cash in treasury 1892... $63,993
Tax valuation 1891....... 5,075,208
Tax valuation 1890...... 4,063,643
County property 1892__ $100,350
Populationm 1890 was..
4,794
Population in 1880 w as..
5,716
Esmeralda C ounty.—R. H. W rig h t , Treasurer.
The county seat is Hawthorne.
County bonds 7 p. c........ $37,000
Total debt 1892...............
38,880
Cash in treasury 1892...
¡34,150
Tax valuation 1891.........1,268,563
I Tax valuation 1890___ $1,097,30$
County property 1892.
52,500
|Population in 1890 was......... 2,14$
|Population in 1880 was......... 3,220
Eureka County.—J. G regovtch , Treasurer.
The county seat is Eureka. This county has no debt.
Cash in Treasury 1892:. $41,578 County property 1892.......$18,000
Tax valuation 1 8 9 1 ..... .2,167,424 Population in 1890 was........ 3,275
Tax valuation 1890........ 2,197,774 Population in 1880 was........ 7,086
Humboldt County.—P ablo L a v e a g a , Treasurer.
The county seat is Winnemucca.
Court house b’ds, 10 p. c. $52,000 Tax valuation in 1890..$3,003,559'
County property 1892...
82,450
Floating debt, 6 p. c ........................ 36,499
Total'debt 1892...............
88,499 Population in 1890 was.........3,434
Tax valuation 1891......... 3,843,842 Population in 1880 w as.........3,480
Lan der County.— T. H . D alton , Treasurer.
The county seat is Austin.
Railroad bonds, 6 p. e ... $116,000
Total debt 1892........
117,405
Cash in Treasury 1892..
59,073
Tax valuation 1 8 9 1 ..... .1,892,056
Tax valuation in 1890.$1,538,49$
County property 1892..
36,500
Population in 1890 was...... 2,266
Population in 1880 w as. . . . . . 3,624
Lincoln County.— W. H. D oo ley , Treasurer.
The county seat is Pioche.
County bonds, 10 p. e ... .$181,462
( { O T ’A I
Interest.............................. "1169,701
Funding bonds.................. 21,397
Floating debt.................... 37,400
Total debt 1891................ 409,960
T n + z k u n a i-
Tax valuation 1891.........$515,926
Tax valuation 1890........ 491,926
County property 1891___ 75,000
State & Co. tax p.$l,000.
27‘50
Population in 1890 was......2 ,4 6 6
Lyon County.—J. A . H untoon , Treasurer.
The county seat is Dayton.
County bonds,
p. c . .
County bonds, 7 p. c__
Total debt 1892.............
Cash in treasury 1892..
$25,000
4,322
29,484
29,377
Tax valuation 1891
$1,774,144
Tax valuation 1890
1,462,216
County property 1892..
31,506
Population in 1890 w a s ...... 1,987
Nye County.—A. M cL e an , Treasurer.
Belmont is the county seat.
County bonds, 8 per cent. $11,000 Tax valuation 1891.........$623,297
Floating debt. . ................ 44,440 Tax valuation 18 9 0..___ 538,956
Total debt 1892................ 55,440 County property 1892__ 25,806
Cash in treasury 1892___ 11,006 Population in 1890 was......... 1,296
Omsby County.—L. H. B e l l , Treasurer.
County seat is Carson City.
County bonds, 6 p. o.......
$2,900 County property 1892... $56,306
Cash in treasury 1892...
13,085 Population in 1890 was___,.4 ,8 8 $
Tax valuation in 1891.. .2,206,304 Population in 1880 w as........ 5,412
Tax valuation in 1890.. .1,848,316
Storey County.— F. L. W ildes , Treasurer.
County seat is Virginia City. This county has no debt.
Cash in treasury 1892... $47,473 County property 1892... $18,006
Tax valuation in 1891.. .2,151,594 Population in 1890 was...... 8,806
Tax valuation in 1890.. .1,688,954 Population in 1886 was...... 16,116
Washoe County.—D. B. B oyd , Treasurer.
The co u n ty seat is Reno.
County bonds, 10 per cent. .$1,000
County bonds, 6 per cent.. ..12,000
Floating debt................... 6,132
Total debt 1892...... ............,19,132
Cash in treasury 1 8 9 2 ......3 2 ,6 4 4
Tax valuation 1891.... .$5,766,786
Tax valuation 1 8 9 0..... 4,844,490County property 1892..
88,756
Population in 1890 w as.___ 6,086
|Population in 1880 w as.........5,664
THE
M a rc h 12,1892.]
W hite Pine County.—J. B. W
The county seat is Ely.
County bonds, 6 per cen t..$74,000
/I«!.*
Ol
AAA
Floating debt.....................
31,000
Total debt 1892.................. 95,000
Gash in treasury 1892....... 17,905
Tax valuation 1 8 9 1 ........... 803,696
il l ia m s o n ,
C H R O N IC L E .
Treasurer.
Tax valuation 1 8 9 0 .........$660,240
County property 1892___
8,?>00
Population in 1890 w as.........1,721
Population in 1880 was.........2,682
B o n d P ro p o s a ls a n d N eg o tia tio n s.—W e have re
ceived through the week the following notices o f bonds
recently negotiated and bonds offered and to be offered for
sale.
Abilene, Texas.—This city has sold $12,000 of bonds to
Messrs. G. M. Huston & Co., St. Louis, Mo.
Arizona T erritory— (State and C it y Supplement , page
144).—Five per cent bonds of tbis Territory, amounting to
$1,500,000, have been sold to E. J. Horton, of New York, City.
Brunswick, Ga.—(S tate and Cit y Supplement , page 170.)
—Sewer bonds of this city to the amount of $75,000 have re
cently been sold in Baltimore.
Carthage, Ohio.—It has been decided by the citizens of this
Tillage to issue bonds for electric lighting and water works
extension.
Concord, N. H.—(State and Cit y Supplemnnt , page 14).—
Proposals for 4 per cent water works bonds of the city of Con
cord, payable in 1922. were opened on March 8 by William F.
Thayer, Treasurer. The bonds were awarded to R. L. Day &
Co. of Boston at a premium of $4-699 per $100. There were a
large number of bids, chiefly from Boston parties, and the
sale was considered highly creditable to the financial standing
of the city.
Cook County, 111.—(State and C it y S upplement , page
99.)_Cook County 4 per cent refunding bonds to the amount
of $1,350,000 are offered for sale. For particulars see adver
tisement elsewhere in this Department.
; Elmira, N. ¥.—(S tate and C it y S upplement , page 51 ).—
Bids for the redemption bonds amounting to $235,000 were
not opened. The legality of the issue is in question and the
sale of the bonds has been indefinitely postponed.
E still County, Ky.—This county has issued $50,000 of bonds
in aid of the R. N. I. & B. Railroad Company.
Farmersville, Tex.—Six per cent twenty-year school bonds
to the amount of $15,000 have been sold at par to G. M. Huston
& Co. of St. Louis, Mo.
Indiana.—(State and Cit y Supplement , page 92.) The
Stare Treasurer of Indiana will receive bids until March 15
1892 for 3% per cent 5 -10 year bonds to the amount of $340,000.
New Bedford, Mass.—(State and Cit y S upplement , page
29.)—This city will receive bids until March 23 1893 for
$50,000 of 4 per cent improvement bonds payable. April 1 1902
and also for 4 per cent sewer bonds payable April 1 1912 to
the amount of $100,000. Both loans will be secured by special
sinking funds. The permanent city debt, exclusive of water
debt and sinking funds, is at present $830,014, this amount
being $286,100 short of the debt limit. New Bedford’s tax
valuation in 1891 was $36,644,571.
New York, N. Y.—(State and Cit y S upplement , page 54).
—The $509,000 of 3 per cent dock bonds of New York City, for
which proposals were asked until March 10, were awarded to
the Commissioners of the Sinking Fund at par.
Norfolk, Ya.—(State and Cit y Supplement , page 158).—
Bids will be received until March 15 1892 for $96,500 of 5 per
cent city of Norfolk bonds, maturing March 1 1922 and also
for $20,000 of 5 per cent bonds maturing Feb. 1 1922.
Oak Cliff, Tex.—School bonds to the amount of $30,000,
bearing interest at 6 per cent, have been sold to G. M. Huston
& Co., St. Louis, Mo.
Queens County, N. Y.—(State and Cit y Supplement ,
age 57 ) Bids will be received by the County Treasurer,
O'eph Dykes at the Court House, Long Island City, until
March £3, 1892, for the purchase of $45,000 of 4 per cent.
Flushing Highway Improvement bonds. The bonds will run
for ten years but the right is reserved to pay off $9,000 per
year after five years The interest and principal of the bonds
are payable in gold and they are a charge to the amount of
two-fifths on the town of Jamaica and to the extent of threefifths on the town of Flushing.
Racine, Wis.—(State and Cit y Supplement , page 109).
The $29,500 of 7 per cent Racine adjustment bonds falling due
in 1892 will be paid on April 1 at the office of the city treas
urer in Racine or at the Importers’ & Traders’ National
Bank in New York. City Treasurer F. H. Schulte has also
issued a call for the $50,000 of 6 per cent adjustment bonds,
payable in 1897, and subject to call at any time after 1887.
These latter bonds will be paid at either of the above-men
tioned places on and after March 15 1892. Interest will cease
April 1st.
Redwood Falls, Minn.—New 5 per cent water bonds to the
amount of $25,000 have been sold to E. H. Rollins & Co. of
Concord, N. H., at par and a premium of $261.
Romeo, Mich.—This village has sold water bonds to the
amount of $26,000.
San Antonio, Tex.—(S tate and Cit y S upplement , page
181)—An ordinance has been passed by the city council of
San Antonio authorizing an issue of 6 per cent 10 year
redemption bonds to the amount of $50,000.
S
455
Scranton, Pa.—(State and Cit y Supplement , page 76.)
On March 10 the city of Scranton sold 4 per cent municipal
improvement bonds to the amount of $90,000. The bon is fall
due as follow s: On Dec. 1 1901, $22,000; on Dec. 1 1906, $23,>
000; on Dec. 1 1911, $22,000. and on Dec. 1 1916, $33 000.
Springfield, Yt.—Springfield has issued railroad aid bonds
to the amount of $40,000.
Springfield, Ohi *.— (State and Cit y Supplement , page
90).—Six per cent ten-year bonds to the am >ua6 of $10,500
have been sold to Messrs. Spitzer & Co., Toledo, Ohio.
St. Paul, Minn.— (State and Cit y Supplement , page 114.)
—This city has sold $30,000 of 4 per cent park bonds to
Lamprecht Bros. & Co. of Cleveland, Ohio.
Talladega, Ala.—Six per cent bonds to the amount of
$20,000, payable in thirty years, have been sold through a New
York firm.
Topeka, Kan.— (State and Cit y Supplement , page 135).—
A special election will be held in this city in April to vote on
an issue of bridge bonds t> the amount of $30,000.
Trinidad, Col.—School district bonds will soon be issued
to the amount of $30,000.
Waco, Tex.—(State and Cit y S upplement , page 182.)—
The Northwestern Mutual Life Insurance Co. of Mil waukee,
W is., has offered to take the Waco street improvement bonds,
amounting to $'.00,000, and $30,000 of sewer bonds, at 95, the
price which was originally bid by the company. This would
indicate that the question as to the legality of the bonds has
been settled.
Woodlawn, Ala.—Public improvement bonds to the amount
of $20,000 bearing 8 per cent interest have been sold to Steiner
Bros, of Birmingham, Ala.
STATE AND CITY DEBT CHANGES.
W e subjoin reports as to m unicipal debts received since the
publication last week o f our S tate and Cit y D e p a r t
ment. Some o f these reports are w holly new and others cover
terns o f inform ation additional to those given in the SUPPLE"
ment, and o f interest to investors.
Maine.—(State and Cit y S upplement , page 9.) The fol
lowing report shows the details of Maine’s debt and valuation
at the present time, recent information having been furnished
us by George L. Beal, State Treasurer.
-P r in c ip a l.
/— In terest .— >
LOANSO utstan d’g
W hen H ue.
R ate. P a y a b le.
NAME AND PURPOSE.
Reissue Loan. 1889 “ A.” 3 J & D
$330,000
\ $33,000 yearly.
Original, 1864.
<June 1, 1902-1911 ;
500.000
Do
Class “ B.” 3 J <fc D Í $50,000 yearly. :
Do
Class “ C.”
500.000
3 J <fe D
280.000
Do
Class “ D.” 3 J & D ( $35,000 yearly. 5
Reissue Loan.,1889 "A .” 3 A & O 5 Oct. 1,1892 to 1901 >
170.000
l $17,000 yearly. J
Original, 1869.
5 Oct. 1,1902 to 1911)
200.000
Do
Class “ B” 3 A & O ( $ 20 ,0 0 0 yearly. J
. r.
5 Oct. 1,1912 to 1921 )
280,000
O
Do
Class “ C” 3 A &
&
$28,000 yearly. S
; Oct. 1,1922 to 1929)
24.000
<
fc
3
A
O
Do
Class “ D”
1 $3,000 yearly.
J
118,300
June 1, 1919
Bonds to State College.. 5 J <fe D
100,000
July 1, 1917
4 J & J
Do
do
do
50.000
July 1, 1917
Bond to Insane Hospital. 4 J & J
PAR VALU E OF BON DS.—The bonds issued in 1889 are for $1,000
or multiples thereof.
INTEREST—W H ERE PAYABLE.—State Treasury, Augusta, Me.
TOTAL DEBT, SINKING FUND, & C .—The subjoined statement
shows Maine’s total funded debt on the first, of January of each of the
last three years.
1892.
1891.
1890.
Bonded debt on January 1........... $2,552,300 $2,602,300 $2,652,300
Temporary loan..............................
300,000
300,000
........
In January 1889 the debt amounted to $3,967,900. At the same
date the accumulations of the sinking funds valued at par were $972,
530, all of which was applied to the redemption of bonds. There i
now no sinking fund, but as the yearly instalments o f the debt mature
they are to he paid out of income from taxation.
ASSESSED VALUATION.—The State’ s assessed valuation is de
termined at intervals of ten years. The last rating was in 1891 *
when the valuation of real estate was $233,895,031; of personal prop
erty, $75,201,010; total valuation, $309,096,041. The total valuation
in 1881 was $235,600,000. The State tax rate for 1891 and 1892 is
$2-75 per $1,000; for 1889 and 1890 it was $2-25; for 1886.1887,1888,
and 1889 it was $2-75; for 1885 and 1886 it was $3-75, and for 1883
and 1884 it was $4-00.
Rhode Island— Bristol.—(S tate and Cit y S upplem ent ,
page 36.)—We have received this week from George H. Peck,
Treasurer of the town of Bristol, the following financial
statement.
This town is the capital of Bristol County. '
LOANS—
W hen D u e.
V a lu a tio n , etc.
Total valuation 1891.. .$4,900,400
F iv e -Y ea * N otes —
4s, J&J, $73,000...........1894 & ’95 Total valuation 1890... 5,020,800
Shortterm notes...........
$34,000 Town tax (per $1,0Q0) 1891. .$9-80
Total debt Feb. 1892...
107,000 Population in 1890 was......... 5,487
Tax valuation, real....... 3,479,400 Population in 1880 was.........6,028
do
personal 1,421,000 Population in 1870 w as.........5,302
INTEREST on all town loans is paid in Bristol, K. I
4Ä 6
THE
C H R O N IC L E ,
Texas—Gainesville. - ( S t a t e a n d C i t y S u p p l e m e n t , page
181.)—The following report of Gainesville’s debt wa3 received
this week from B. S. Brooks, City Treasurer, and it gives the
'details of the bon Is outstanding on Jan. 1 1892.
This city is the county seat of Cooke County.
..LOANS—
TThen D u e.
[V ol . M V.
LOANS—
4s, F&A,$ 140,000....Feb. 1,1894
4s, J&J,
4 ,0 0 0 ....July 1,1892
($1,000 due yearly) to July 1,1895
Total debt Feb. 1 1892.. $205,500
Sinking fund___141,822
Net «ebt Feb. 11892,...
63,678
Tax valuation, real....... 6,799,695
Tax valuation, personal 925,895
Total valuation 1891... 7,725,590
Total valuation 1882... 4,597,771
T o w n N otes—
Tax rate (per $1,000)...
14-60
4s, M&N, $ 8 ,0 0 0 ....May 1,1892 Population in 1890 was....... 10,193
4s, M&S, 8 ,0 0 0 ....Mar. 1,1893 Population in 1880 was....... 7,088
4s, M&S,
8,0 00 ....Mar. 1,1894 Population in 1870 was....... 4,136
W hen D u e.
T o w n B onds —
4s, F&A, $1,500........ Aug. 1,1892
($500 due yearly) to Aug. 1,1894
4s. F&A, $10,000.......Aug. 1, 1892
($2,000 due yearly) to Aug. 1,1896
4s, M&N, $12,0 0 0 ....Nov. 1,1892
($2,000 due v®arly) to Nov. 1,1897
4s, M&8, $14.000...... Sept. 1, 1892
($2,000 due yearly) to Sept. 1,1898
$2,000
Floating debt..................
Total debt.........................
74,500
Sinking fund....................
6,860
F u n d in g B o n d s —
Net debt...........................
67,640
6s, A & 0,$1 0 ,0 0 0 . . . . . . Oct. 1 ,1906 Tax valuation, real........ 2,206,660
Sc h o o l Bo n d s—
Tax valuation, personal.1,354,775
•6s, A&O, $16,000........Apr. 1,1916 Total valuation 1891___ 3,561,435
Massachusetts—Athol.— (S t a t e a n d C i t y S u p p l e m e n t ,
S e w e k a g e & S t k e e t I m p .—
State tax (per $1,000)...
$2 90
‘6s, A&O, $10,000........Apr. 1,1919 County tax (per$1,000)
500I page 21.)—We have received this week from J. D. Holbrook,
6s, A&O, 30,000........Oct. 1,1941 C ityta < (per$ 1,000)....
7 0 0 Town Clerk, the following statement of Athol’s outstanding
Interest payable in St. Louis.
5 00
Average school ta x........
Bonded debt Jan. 1 1892..$72,500 Population in 1890 was........ 6,563 debt on February 1, 1892.
C i t y H a l l B on ds -
68, M&N. $6,500......... May 1,1904
Iow a—W apello County.—The following detailed report of
the finances of Wapello County has been recently received.
No statement of this debt appeared in our Supplement. W e
•are informed by County Treasurer J. D. Mowery that $60,000
of 5 per cent court house bonds will be offered for sale some
time in July or August of this year.
County seat is Ottumwa.
_ LOANS—
W hen D u e.
Co u n t y B o n d s-
68, J&J, $12,000.......... July 1,1892
t>s, J&J,
8,000....... July 1,1894
5s, J&J,
5,000....... July 1,1893
5s, J&J,
5,000....... July 1,1895
5s, J&J,
5,000....... July 1,1896
5s, J&J,
40,000....... July 1,1894
($10,000 yearly) to July 1,1897
Bonded debt Jan.l 1892. $75,000
Tax valuation, real........ 5,373,170
Tax valuation, personal. 1,643,714
Tax valuation,railroads. 745,479
Total valuation 1891___7,762,363
Assessment about ^ actual value.
State tax (per $1,000)..........$2*00
County tax (per $1,000)..... 12-50
Population in 1890 was......30,426
Massachusetts.—Hyde P ark.—(State and Cit y Su pple
page 27.)—We have received this week from Henry SBurton, Town Treasurer, the following statement of Hyde
Park's debt on February 1 1892.
This town is in Norfolk County. The debt incurred in recent
years has been for permanent improvements.
ment ,
N E W LO A N S.
COOK
C ity of Spokane, Wash.,
2 0 -Y E A R
6 PER
CENT
GOLD BONDS.
Interest and principal payable in gold coin o f pres
e n t standard o f weight and fineness.
W e commend this loan as a desirable investment
¿ o r trust money.
P rice and particulars on application.
F A R S O N , L E A C H & CO .,
C H IC A G O .
7 3 D e a rb o rn S tr e e t.
NEW YO R K ,
it W a l l S tr e e t.
N ebraska-B uffalo Co.—(S t a t e a n d C i t y S u p p l e m e n t ,
page 127).—The following report of the debt and valuation
of Buffalo County has been received from H. F. Wiley,
County Treasurer. County seat is Kearney.
$14,587
LOANS—
W h en D u e. Sinking fund........ ‘.........
Net debt..........................
128,413
Co u r t H o t s e B onds—
5s, J&J, $45,000.......Jan. 1,1910 Tax valuation, real....... 2,012,880
Subject to call after Jan. 1,1900 Tax valuation, personal 1,428,189
Total valuation 1891.. 3,441,169
F u n d in g B o n d s —
7s, M&N, $ 1 9 ,0 0 0 ....May 1,1895 Assessment about ig actual value.
7s, M&N, 25,000----May 1,1900 County tax (per $1,000)....... $22-00
5s, J&J,
54,000---Jan. 1,1908 State tax (per $1,000).......... $7-12
Subject to call after Jan. 1,1893 Population in 1890 was.......22,162
i iq q o .
«R iA a o n n
Population in 1880 was....... 7,531
INTEREST is payable at Kearney, Neb.
N E W LO A N S.
PROPOSALS FOR A LOAN OF
Refunding Bonds.
8 5 0 0 ,0 0 0
3%s, A&O, $9,600.......Oct. 1,1892
($1,200 due yearly) to Oct. 1,1899
Total debt Feb. 118 92 ... $94,500
83,300
(Part due yearly) to Oct. 1,1905 Total debt Feb. 1 1891...
Tax valuation 1891........ 3,156,202
Sc h o o l L o a n s—
•
ax
valuation
1890........
3,005,374
4s, A&O, $26,000....... Oct. 1,1892
(Part due yearly) to Oct. 1,1901 Tax rate (per$1,000) 1891..$21-00
378s, J&J, $8,400....... Oct. 1,1892 Population in 1890 was........ 6,319
($1,200 due yearly) to Oct. 1 ,1 - 98 Population in 1880 was........ 4,307
INTEREST on the old debt is payable in Worcester; on the 3 ^ per
cent school loan in Boston, and on the other loans in Athol.
N E W LO A N S.
COUNTY
T h e County o f Cook offers fo r sale $1,350,000 o f
fo u r (4) per cent refunding bonds, dated May 1st,
A. D. 1892, and divided into series numbered from
o n e to twenty, each o f which series is fo r the sum o f
■sixty-seven thousand five hundred (167,500) dollars.
Said series are payable in from one to twenty years
respectively, in denominations as fo llo w s : One mil
lion ($1,000,000) dollars o f one thousand ($1,000)
•dollars each, and three hundred and fifty thousand
($350,000) dollars o f five hundred ($500) dollars each,
and payable each year com m encing May 1st, A . D,
1893, to w it : F ifty thousand ($50,000) dollars o f on «
thousand ($1,000) dollar bonds, and seventeen thou
sand five hundred (*17,500) dollars o f five hundred
•($600) dollar bonds, and the interest thereon payable
semi-annually in May and November, both principal
and interest payable at the County Treasury o f Cook
•County. These bonds will be printed from steel en
graved plates o f such a quality that the bonds wil be
accepted and can be listed on the Stock Exchange,
Npw York.
Sealed bids accompanied by certified check fo r one
per cent o f amount bid fo r made payable to the
•County Comptroller, as an act o f good faith on behalf
■of the bidders, will be received for all or any portion
th ereof up to 12:30 P. M. o f March 14th, A . D. 1892<
« t the office o f County Comptroller o f the County o f
•Cook, 210 Court House, Chicago. Said bids will be
opened at the meeting o f the Board o f Commissioners
Monday, March 14th, 2 P. M. Full inform ation in
regard to the siid bonds may be obtained at said
office. Bonds will be delivered to those purchasing
on the afternoon o f April 29th, A . D. 1892.
Privilege reserved by the Board o f Commissioners
•to reject any and all bids.
HENRY W ULFF,
County Comptroller o f the County o f Cook.
This town is in Worcester County.
LOANS—
W h en D u e.
Ol d D ebt—
4*88, J & J , $ 5 0 ,5 0 0 .....Oct. 1 , 1892
NEW
LO AN .
$ 1 8 1 ,0 0 0
C IT Y OF DOVEE,
N.
H.,
BO N DS.
$ 100,000
Town of Johnston, R. I.
Sealed proposals will be received at the office o f
the Mayor o f said City until 11 o ’clock A . M., Tues
day, March 29,1892, fo r the purchase o f O n e H o n «
d r e d a n d t -ig h t y -o n e T h o u s a n d D o l l a r s o f
the City o f Dover, N. H ., City H all Bonds, dated
April 1,1892, with interest at the rate o f 4 per cent
per annum. The principal will be paid at the office
|o f the Treasurer o f said City, and the Coupons will
be payable semi-annually on the first day o f April
and October in the <ity o f Boston, Mass. The bonds
will be ready fo r delivery April 1,1892—are fo r one
thousand dollars each and will becom e due as fo l.
lows—
12.000 April 1,1906.
11,000 April 1,1910.
12.000 April 1,1907.
11.000 April 1,1911.
12.U00 April 1,1908.
111,000 April 1,1912.
12.000 April 1,1909.
The right to reject any and all bids is reserved.
Further inform ation can be obtained o f the under
signed.
A ll proposals should be addressed to Finance Com
mittee, Mayor’s Office, Dover,. N. H., and marked
** Proposals fo r City H all Loan.”
GOLD
4s,
D U E F E B R U A R Y , 1915Î,
At 102 (-4 and Interest,
COUPON O R R E G IS T E R E D .
Johnston is a suburb o f Providence, from which
city it gets its water supply.
Population about .................................................10,000
$6,000,000
Assessed valuation over.......................
Entire debt........................................................
250,000
Loan is secured by a Sinking Fund.
T ax rate 80 cents on $100.
Blake Brothers &
Co.,
Population.,.............................................................. 13,000
j Assessed valuation........................................... $8,887,977
Total debt (including this issue o f bonds).
944,000
W ater debt (included in a bov e)...$355,000
Sinking Fund—par.......................... 258,000 613,000
5 NASSAU S T R E E T , N E W Y O R K .
Net debt .........
$331,000
The market value o f the sinking fund is consider
ably more.
IS A A C F . A B B O T T ,
C it y T r e a s u r e r .
Cumberland City Bonds.
2 6 S T A T E S T R E E T , BOSTON.
SALE
OF
The undersigned, finance com m ittee o f the City o f
Cumberland, Md., will receive bids fo r one hundred
Lombird Investment Co.
and eighty $500 five per cent bonds, known as the
C a p ita l, F u lly P a i d , $ 4 ,0 0 0 ,0 0 0 .
series), payable in gold thirty years after date (A pril
6
o/
\Gold Debenture Bonds.
7 %
8
j 1st Mo tsrage Gold Bonds. •
1st Mortgage Gold Bonds.
and | 0 % National Bank Stocks,
Call or write fo r information.
150 BROADW AY, NEW FO RK .
205 Sears Building*
Bullitt Building,
BOSTON.
P a lL A D E P P H I A .
Cumberland City Consolidated Debt Bonds (first
1st, 1892), interest payable semi-annually.
A ll bids must be addressed to R obert H. Gordon,
chairman o f finance committee, Cumberland, Md.,
under seal, on or before the 26TH D A Y OF MARCH,
1892. Bids may be sent in fo r one or m ore bonds, or
the whole issue o f $90,000.
The com m ittee reserves the right to reject any
and all bids.
R OBERT H . GORDON, Chairman.
J. J. M cH E V R Y .
JOHN T. FEY.
THE
M arch 12, 1892. J
C H R O N IC L E .
W isconsin—Janesville.—(S t a t e a n d C i t y S u p p l e m e n t ,
page 108.)— J. W . St. John is still Mayor of this city. The
following report of the financial condition of this place on
March 1 1892 has been sent to us by George H. Bates, City
Clerk.
Janesville is situated in Rock County.
LOANS—
W h en D u e. Int. on BR. bonds is payable in
Chic.; on other loans in Janes
ville. All bonds are exempt from
taxation.
Bonded debt Mar. 1 1892. $48,000
Sc h o o l H o u se B on ds—
5s, Nov. 1, 3 ,0 0 0 .... Nov. 1,1892 Tax valuation, real........ 3,123,665
5s, Nov. 1, 20,000..... Nov. 1,1892 Tax valuation, personal. 1,312,853
($5,000 due yearly)........ to 1895 Total valuation 1891... .4,436,518
Assessment about 23 actual value.
B r id g e B o n d s—
5s, Sept. 1, $10,000...Sept. 1,1892 Tax rate (per $1,000)........... $18-50
($2,500 due yearly)..........to 1895 Population in 1890 was.......10,836
Population in 1880 was....... 9,018
R
a il r o a d
A id B o n d s—
5s, Nov., $15,000........Nov. 1,1891
($5,000 yearly) to Nov. 1,1894
Massachusetts—F ranklin County.—S t a t e a n d C i t y S u p
page 26.)—The following statement gives the details
of Franklin County’s debt and valuation as furnished us by a
special report from Eugene A. Newcomb, County Treasurer.
County seat is Greenfield.
$44,000
LOANS—
W hen D u e. Total debt Jan. 1,1892.
plem ent,
J a il L oan—
4s, J&J, $37,000.......... On demand
Su n d e r l a n d B r id g e L o an —
3^8, J&D, $7,000...........Jan.,1895
Tax valuation 1891....... 20,888,382
Tax valuation 1890....... 20,021,045
Population in 1890 was.......38,610
Population in 1880 was.......36,001
Massachusetts—N ew buryport—(S t a t e a n d C i t y S u p p l e
page 30).—Mr. Orrin J. Gurney is the new Mayor of
this city. The statement of city finances given below has
been corrected to date by means of a special report received
from J. I. Felker, City Treasurer. Newburvport owns $74,000 stock in the city railroad, and has the option of purchas
ing the water works, now in the hands o f a private corpora
tion.
. This city is in Essex County.
m ent,
CHICAGO.
457
,
LOANS—
-— In terest. — , ,------P rin c ip a l.
NAME AND PURPOSE.
P . Gt. P a y a b le.
W hen Due.
Outstand’g „
Bridge loa n .................
3^ A &
$15)00(>
City bonds renewal........
4
A& O
Apr. 1, 1893
40,000
do
do
do ....1 8 8 7 4
P & A
Aug. 1, 1897
38,000
do
do
do ....1888 4
J & J
July 1, 1908
65,000
do
do
do ..,.1891 4
J & J
July 1, 1911
90,000
City railroad.............. . ........ 4
M & N
Sept. 1, 1892
74,000
Notes payable..................... 4
M& S
Mar. 1, 1899
15,000
Sewerage............. ........................ M & S
Sept. 1, 1919
65,000
Trust bonds..................... . 4-41a .........
Demand.
56,750
Water loan...................
3 ^ A &O { °| | ,S ’o o ylarty96 \
10’00<>
PAR VALUE OF BONDS—Bonds are for $1,000 each.
INTEREST on the city renewal and sewer bonds is payable at the
City Treasury or at the First National Bank of Boston; on all other
loans interest is payable at the City Treasury only.
TOTAL DEBT, SINKING FUNDS, E t c .— The subjoined state
ment shows Newburyport’s total debt and the sinking fund held by the
city against the sameonthe first day of Januaryof each of the last three
years.
1892.
1891.
1890.
Total debt (including water debt).. $470,750
$479,965
$489,372
Sinking funds, etc. (see below)........ 100,570
65,902
85,387
$414,063 $403,985
Net debt on Jan. 1........................ $370,180
Water d eb t.......... ................................ $10,000
$12,000
$14,000
Floating debt (additional)................
21,132
................... ..
The sinking funds amount to $20,566; other assets to $80,004. In
past years the sinking fund has received $5,000 per annum; commen
cing with 1890 it receives $11,000, a sum sutficient to retire entire city
debt at maturity.
ASSESSED VALUATION—The city’s assesse valuation and tax
rate have been as follows, real estate being assessed at “ about threefourths its actual value.”
jReal
P er so n a l
R a te o f T a x
T ears.
E state.
P ro p er ty .
Total. ■ p e r $1,000..
1891......................... $6,874,200
$2,888,458
$9,762,658
$15-80
2,931,573
9,736,770
14-80
1890......................... 6,805,197
1886......................... 5,267,350
2,319,988
7,587,338
17-30
1882......................... 5,002,550
2,415,148
7,417,698
18-60
Tax rate in 1891 included State tax, $0-70 (per $1,000); county tax»
$0-98; city tax, $14-12; total, $15-80.
POPULATION—In 1890 population was 13,947; in 1880 it was13,538; in 1870 it was 12,595.
CHICAGO.
CHICAGO.
Title Guarantee & Trust The Jennings Trust Co., The Merchants’ Loan 8c
1 8 5 D E A R B O R N S T ., C H IC A G O .
Trust Company,
Company
OF
CHICAGO,
9 3 , 9 4 & 9 6 W A S H IN G T O N S T R E E T .
C a p ita l, p a id -u p ............................... 9 1 , 6 0 0 , 0 0 0
U ndivided e arn in g s, in cluding
s u r p lu s ..............................................
3 2 0 ,0 0 0
D e p osite d w ith S ta te A u d ito r. .
2 0 0 ,0 0 0
GU ARAN TEES TITLES TO R E A L ESTATE.
Offers in v e sto r s in r e a l estate se cu rities
p ro tection afforded by iy9 oth er system o f
doing b u sin ess.
Is authorized by law to act as Registrar o f Stocks
and Bonds, Executor, Receiver and Trustee for
Estates, Syndicates, Individuals and Corporations.
Trust moneys and trust securities kept separate
from the assets o f the Company.
t , ¡C O R R E S P O N D E N C E S O L I C I T E D .;
OFFICERS:
GW YNN GA R N E TT, President.
A . H . SELLERS, Vice-President.
A R C H IB A L D A . S TE W A R T, Secretary.
CHAS. R. L A R R A B E E , Treasurer.
,
DIRECTORS:
Gwynn Garnett,
Chas. W . Drew,
W . JD. K erfoot,
John P. W ilson,
George G. Walker,
Edson Keith,
John G. Shortall,
Geo. M. Bonue.
John DeK oven,
A . H . Seilers.
Samuel B. Chase,
COUNSEL:
W . C. Goudy,
A . W . Green,
John P. W ilson,
A . M. Pence,
Illinois Trust & Savings
Bank.
C H IC A G O , I L L .
C A P I T A L A N D S U R P L U S , - 9 3 ,2 5 0 ,0 0 0
INTEREST ALLOWED ON DEPOSITS.
This Bank is directly under the jurisdiction and
Supervision o f the State o f Illinois, is a LEUAI.
DEPOSITORY fo r Court Moneys, and is authorized
to act as TRUSTEE. EXECUTOR. RECEIVER and
ASSIGNEE for ESTATES, IN DIV ID U ALS and
CORPORATIONS.
OFFICERS:
John J. Mitchell, President.
John B. Drake, Vice-President.
W m . H . Mitchell, Second Vice-President,
W m . H. Reid, Third Vice-President.
James S. Gibbs, Cash’r. B. M. Chattel!, A ss’t Cash’r.
DIRECTO RS:
John MoCaffery,
John B. Drake,
L. Z. Letter,
W m . H . Reid,
W m . H. Mitchell,
John J. Mitchell,
W m . G. Hibbard,
J. C. McMulliu, ..
D . B . Shipman,
J. Ogden Armour,
Frederick T . Haskell.
CAPITAL, PAID UP, - - $500,000
SURPLUS, - ......................... $25,000
NEGOTIATES GROUND RENTS in the CitT Of
Chicago. Takes entire charge o f estates. A cts as
agent fo r the registration and transfer o f bonds and
stocks and the payment o f coupons, interest and
dividends. Authorized by law to receive and execute
trusts o f every character from courts, corporations
and individuals. A legal depository fo r court and
trust funds.
INTEREST ALLO W ED ON DEPOSITS o f money,
which may be made at any tim e and withdrawn.after
Sve days’ notice, or at a fixed date.
TRUST FUNDS AN D TRU ST INVESTMENTS
are kept separate and apart from the assets o f the
Company.
DIRECTORS.
CHAS H . H U LBU RD,
A ZE L F. H A TCH ,
A N D R E W C. LAUSTEN
M. W . K ERW IN ,
MAURICE ROSENFELD
SAAC N. PERRY.
SAM UEL D. W A R D ,;
J. R. W A L SH ,
OTTO YOUNG.
OFFICERS.
J. R . W A L S H , President.
ISA A C N. PE RR Y , Vice-President.
SAM UEL D. W A R D , Treasurer.
L Y M AN A . W ALTO N , Cashier.
FR AN KL IN H A T H E W A Y . Secretary
J /B . B ressje, Member New York Stock Exchange
D. M. Cu m m in gs , Member Chicago Stock Exchange
Breese & Cummings,
B A N K E R S AND B R O K E R S,
111 A N D 113 N O N R O E S T R E E T ,
CHICAGO
BANK
C H IC A G O .
C o rn e r D e a rb o rn and W a s h in g to n S tre e ts »
E S T A B L IS H E D
1857.
C a p ita l (paid In)................................9 2 , 0 0 0 , 0 0 0
S u rp lu s and undivided p> »tits... 1 , 5 0 0 , 0 0
9 3 ,5 0 0 ,0 0 0
J. W . DOANE, President.
P.
YOE. Vice-President*
ORSON SMITH, Second V ice-President.
F. C. OSBORN, Cashier.
F. N. W IL D E R , Assistant Cashier.
TRUSTEES.
M A R SH A L L FIE LD , J. W. DO ANTE,"
C. H . MCCORMICK,
P .L .Y O K
JOHN DE KOVEN,
GEO. M. PU LLM AN .
A L B E R T KEEP.
A . H . BURLEY,
JOHN T Y R R E L L ,
E. T . W ATKINS.
L A M B E R T TR EE ,
E R -K IN E M. PHELPS-.
ORSON SMITH.
Banking in all its Branches Transacted»
Foreign exchange bought an sold.
Travelers’ Letters o f Credit and Comm ercia.
Credits issued, available in principal cities through
ou t the w orld. Cable transfers made.
J. G. ORCH ARD, Mgr Foreign Dept.
A . O. SLAU GH TER, Member N. Y . Stock Exchange
W M . V . B AK ER , Member Chicago Stock E xchange
A . O. Slaughter 8c C o.,
BANKERS,
1 1 1 -1 1 3 L A S A L L E S T R E E T ,
C H IC A G O , IL L S .
C hicago S e cu ritie s B o u g h t an d S old .
Herman Schaffner & Co.
BANKERS,
Securities listed in New York, Boston or Chicago
carried on conservative margins.
COM M ERCIAL PAPER,
Union National Bank,
S. W . C o r . D e a r b o r n A M a d is o n S t s ,,
C H IC A G O .
P a id -u p C a p ita l.
1S u r p lu s ,
_-
-
C H IC A G O , I L L .
$ 2 ,0 0 0 ,0 0 0
7 e 0 ,0 0 0
A regular Banking Business Transacted. A ccounts
o f Banks and Bankers, Mercantile and Manufacturing
Firms or Corporations, received on favorable terms.
Foreign Exchange Bought and Sold. Commercial
and Travelers’ Credits, available in'all parts o f the
globe, issued. Telegraphic Transfers made with all
principal European and Domestic. Points. ‘ United
States and other first-class Investment Bonds dealt in.
CORRESPONDENCE SOLICITED.
B o u gh t and S o ld .
« e n d to
L is ts .
G E O . A . L E W I S & C O ., B a n k e r s ,
1 3 2 L A iS A L L E
S T R E E T , C H IC A G O .
458
THE
O H U O N IO L E .
fVoL. LIY ,
C O L U M B U S , OH IO.
MARCH
CITY
OF
in s u r a n c e .
15
COLUMBUS,
OHIO,
The
Having called the following Street Improvement 6 Per Cent
Bonds for Payment on March 15:
T hird Street, Naghten to Tow n Street—
Bonds Nos. tto to 92, inclusive, $5 0 each. .$0,500
M cAllister Avenue, Parsons A venue to Mc
A llister’s E. Line—
Broad Street, No. 1, Third Street to Parsons
A venue—
Bonds Nos. 61 to 66, inclusive, $500 e a ch .. 3,000
Miller A venue, Main to Broad Street—
Twentieth Street, Mt.Vernon A venue to North
Corporation li n e —
Bond No. 29.............. ....................................
1,000
2,000
500
Gay Street, High to Fourth Street—
Bonds No. 7 and 8, $1,000 e a c h .............. 2,000
Gay Street, Fourth Street to Fifth Street—
Bond No. 5 ..................................................... 1,000
Spring Street, Fourth Street to Grant A ve.—
Bonds Nos. 8 and 9, $1,000 each...........
2,000
T ow n Street, Parsons A venue to Parsons E.
Line—
Bonds Nos. 12 and 13, $1,000 e a c h ......... 2,000
T ow n Street, Parsons E. Line to Miller A v e
nu eBonds Nos. 14 to 19, inclusive, $1,000 each 6,000
Naghten Street, Third to Fifth Street—
Bond No. 10.............. ..................................... 1,000
Naghten Street, Fifth to Cleveland A v e n u e Bond No. rt........... ......................................... 1,000
N orth H igh Street, Fifth to W oodward A ve
nue—
Bonds Nos. 2 ’, 24, 25 and 26, $500 ea ch ... . 2,000
Front Street, Naghten to Town S tr e e tBonds Nos. 72, 73, 74 and 75, $500 e a c h __ 2,000
Front Street, Town to Main S tr e e tBonds Nos. 7 and 8, $1,000 each................... 2,000
Fourth Street, Naghten to Town treet—
Bonds Nos. 58, 59,60,61,62 and 63, $500
each............................................. ................ 8,000
Main 8treet, High to Sixth S tr e e tBonds Nos. 24, 25, 26. 27 and 28, $1,000
i. . . . . ;..'.................. 5,000
each................ .
Seventeenth Street. Broad Street to Mt. Ver
non Avenue—
Bonos N os. 8 and 9, $1,000 ea ch .. . . . . . . . . . . 2,000
Swan Street, High Street to Eastern termipus—
Bonds Nos. 5 and 6, $1,000 each.................. 2,000
Jefferson Avenue, Long Street to Mt. Vernon
A venueBonds Nos. 6 and 7, $1,000 each................... 2,000
Hamilton Avenue, Grove Street to Leonard
A venueBonds Nos. 5 and 6, $1,000 each.................. 2,000
W ilson Avenue, Broad to Main S tr e e tBonds Nos. 12,13 and 14, $1,000 each........ 8,000
Parsons Avenue, Main Street to Livingston
A venu eBonds Nos. 6 and 7, $1,000 each.................. 2,000
F ifth Street, Long to N aghten S tr e e tBonds Nos. 6 and 7, rl,000 e a ch ................. 2,000
Lexington Avenue, Mt. Vernon to Leonard
A venue —
Bonds Nos. 6 and 7, $1,000 e a ch ................. 2,000
F ifth Avenue, High Street to <\ C. C. & I. R y.—
Bonds Nos. 8, «, 10, 11,12 and 13, $1,000
each................................................. ............. 6,000
Garfield Place Street, Garfield to Laurel A lley —
Bond N o .4................. ........... .............. .. . . .
100
Long Street, Eighteenth Street to W inner A ve
nueBonds Nos. 7, 8 and 9, $1,000 each.............. 3,000
Oak Street, Eighteenth Street to W ilson A v e
nueBonds Nos. 6 and 7, $1,000 each.................. 2,000
Main Street, Sixth Street to Parsons A v e n u e Bonds Nos. 12,13 and 14, $1,000 each........ 3,000
Frambes Avenue. High Street to Neil Avenue—»
Bonds Nos. 4 and 5, $1,000 each.................. 2,000
Fulton street, High to Third S tr e e tBonds Nos. 3 and 4, $1,0JO each.................. 2,000
Franklin Avenue, Washington to Parsons Ave
nueBonds Nos. 5 and 6, $1,000 each.................. 2,000
Grant Avenue, Broad to Town S tr e e tBonds Nos. 4 and 5, $1,000 each.................. 2,000
H igh Street, W oodruff to W ilcox A v e n u e Bonds Nos. 8, 9 and 10, $1,000 each........... 3,000
Pearl Street, Naghten to Broad S tr e e tBond No, 19 .............................. ..............
500
Bussell Street, High to Hamlet Street—
Bonds Nos. 4 and 5, $1,000 each................... 2,000
W arren Street, High to Ham let S tr e e tBonds Nos. 5 and 6, $1,000 each.................. 2,000
Twenty-third Street, Long Street to Mt. V er
non Avenue—
Bonds Nos. 3 and 4, $1,000 each.................. 2,000
Twenty-second Street, Long Street to Mt. V er
non A v e n u e Bonds Nos. 3 and 4, $1,000 each........... ... 2,000
Cleveland Avenue, Mt. Vernon A venue to
Buckingham Street —
Bonds Nos 2 and 3........................................ 2,000
Brier Alley, Spring Street to Mt. Vernon A ve
nue200
Bonds Nos. 5 and 6, $100 each.....................
2,000
J A N U A R Y 1, 1 8 9 2 .
3,000
Miller A venue, Main Street
A venue—
to Livingston
2,000
Mead Street, Broad to State S tr e e tBond No. 3.....................................
Kellogg A ven u e, Grove Street to Buckingham
A venue-
ASSETS,
»
600
Liabilities,
1,000
SURPLUS,
’-
»
$186,198,518
109.905,587
-
-
-
$26.292.981
Grove Street, Cleveland to Jefferson A v e n u e 2,000
Fifth Street, Broad to Long Street—
2,000
Champion Avenue, Broad Street to Mt. V ernon
A venue—
4,000
First A venue. High Street to N il Avenue—
3,000
Spring Street, High Street to Dennison A ve
nue—
Bonds Nos. 14,15,16 and 17, $1,000 each 4,000
Garfield Avenue, Broad Street to Mt. Vernon
Avenue—
Bonds Nos. 4 and 5, $1.000 each.................. 2,000
Fifth Street, Town to Mound Street—
Bonds Nos. 4 and 5, $l,u00each.................. 2,000
Mozette Street. Mt. V ernon Avenue to first
Alley South o f Buckingham Avenue—
Bonds Nos. 1 and i, $500 each................... 1,000
Fourth Street, Main to Livingston Avenue—
Bonds Nos. 5, 6 and 7, $1,000 each............. 8,000
Fifth Avenue, High to Neil Avenue—
I
Bonds Nos. 1 and 2, $1,000 e a ch ................. 2,000
Third Street, Naghten Street to N. Terminus—
Bond No. 1 ........... — .................................. 1,000
Seventeenth Stree', Main to Town Street—
Bond No. 3 ...... .............................................. 1,000
Fifth Street, Broad to State Street—
Bonds Nos. 1, 2, 3 and 4, $500 each........... 2,000
High Street, Livingston A venue to N. Line
MithofTs Addition— - - - - Bonds Nos. 1 to 15, inclusive, $1,000 each.15,000
Kelton Avenue) Main Street to Livingston
A venue’—
Bonds Nos. 1, 2 and 3, $1,000 e a ch .......-. 3,000
Vine Street, H igh to W est Line o f Market—
Bonds Nos. 1, 2 and 3, $100 each................
$00
W all Street, Broad to Chestnut Street—
Bonds Nos. 1, 2, 3 and 4, $1,000 each........ 4,000
W ashington Avenue, Broad to Buckingham
Streei —
Bonds Nos. 1 and 2, $1,000 each...... .......... 2,000
W oodland Avenue, Broad to Atcheson S tr e e tBonds Nos. 1,2 a n d 3, $1,000 each........... 3,000
Leonard Avenue. Twentieth Street to N. Cor
poration Line—
Bonds Nos. 1 and 2, $1,000 each.................. 2,000
Ninth Avenue, H igh Street to Neil A v e n u e Bonds Nos. 1 and 2, $1,000 each.................. 2,000
Garfield Avenue, Fulton to William Street—
Bonds Nos. 1 and 2, $500 each...... .............. 1,000
King Avenue, H igh to Niel Avenue—
Bonds Nos. i,2 and 3, $1,000 each............. 3,000
Chapel Street, H igh to W all Street—
Bonds Nos. 1, 2 and 3, $100 each................ 300
Chapel Street, W all to Scioto Street—
Bonds Nos. 1, 2, 3 and 4, $100 each........ .
400
Neil Avenue, First to Eleventh Avenue—
Bonds Nos. 1, 2 and 3, $1,000 each............ 3,000
Broad Street, Central A venue to W est Corpor
ation Line—
Bonds Nos. 1, 2 and 3, $1,000 each.............. 3,000
Stauring Street, Fourth to Fifth S tr e e tBond No. 1...... ............................................. 1,000
Dennison Avenue, Goodale to King A v e n u e Bonds Nos. 1, 2 and 3, $1,000 each.............. 3,000
Dakota Avenue, Broad to Sullivant Street—
Bond s Nos. 1, 2 and 3, $1,000 ea ch .............. 3,090
W all Street, State to Court Street—
Bond No . l . ..................................................... 1,000
W inner Avenue, Broad to Long S tr e e tBond No. 1................................... .-................. 1,000
Duncan Street, High to Dayton S tr e e tBonds nos. 1 and 2, $1,000 each.................. 3,000
High Street. Mithoff to H anford S tr e e tBond No. 1...... ................... ........................... 1,000
Broad Street, Scioto R iver Bridge to Central
A venue—
Bonds Nos. 1, 2, 3, 4, 5, 6, 7,8 and 9, $1,000
each.................................. 1...........................9,000
Schiller Street, H igh Street to Parsons A ve.—
Bonds Nos. 5, 6 and 7, $1,000 each............... 3,000
ACC R U E D IN T E R
& STA N TO N ,
NEW
YORK
INCOME, -
$89,054,944
New Business written in
1891, .
.
.
.
233,118,381
Assurance in force,
804,894,557
H E N R Y B . H Y D E , P r e s id e n t .
J A M E S W . A L E X A N D E R , V ic e - P r e s .
N o rth
B ritish
& Mercantile Ins
Co*
OF
LONDON AN D E D IN B U R G H ,
SAM. P. BLAGDEN, Manager.
WM. A. FRANCIS, Assistant Manager^
R. H. WASS, General Agent.
W . R. ECKER, Assistant Gen. Agent,
H, M. JACKSON, Secretary.
U. S. BRANCH OFFICE,
No. 54 WILLIAM ST., N. Y.
U N IO N M U T U A L
Life
Insurance
PORTLAND,
Company,
M A IN E .
INCORPORATED 1848.
JOHN E. D e W IT T , President.
The increasing tendency o f the public to patronize
the sm a l l e r and more c o n s e r v a t iv e o f the L ife
Insurance companies o f the country had its effect
upon the business o f the Union Mutual L ife Insur
ance Company in 1891, which was one o f the best in
the Company’s history.
Parties desiring to negotiate fo r agencies are in
vited to address the H om e Office, or any Manager at
the Company, for further information.
The Mutual Benefit
L I F E I N S U R A N C E C O ., N E W A R K , N . J .
AM ZI DODD, President.
Assets (Market Values), Jan. 1,1892... .$48.930 278 05
Liabilities (N.Y. and Mass. Standard).. 45,384,486 00
Surplus........................ ................................ 8,545,792 05
8urplus, by form er N. Y . Standard,
(Am. E x . i)4 per cent R eserve).......... 6,137,600 05
POLICIES A B SO L U T E L Y N O N -FO H FEITAB LE A F T E R
SECOND Y E A R .
I n c a s e o f l a p s e the P olicy is c o n t i n u e d i n f o r c e
as long as its value will pay for: or, if preferred, a
Paid-up policy fo r its full value is issued in exchange.
A fte r the second year Policies are i n c o n t e s t a b l f ,
except as against intentional fra u d ; and all restric
tions as to residence, travel or occupation are removed.
C a s h l o a n s are made to the extent o f 50 per cent
o f the reserve value, where valid assignments o f the
policies can be made as collateral security.
L o s s e s p a id im m e d ia t e ly u p o n c o m p l e t i o n a n d a p»
p r o v a l o f p r o o f* .
ATLANTIC MUTUAL INS. CO. SCRIP
BA N KERS,
OF THE UNITEDJSTATES.
M onroe Avenue, Broad Street to Mt. Vernon
A venu e-
E S T VI I l i l i B E C A S H E D O N A N D A F T E R T H A T D A T E B Y
BROADW AY,
Assurance Society
2,000
Dennison Avenue, Spring Street to C. St. L. &
P. Ry.—
N O T IC E IS H E R E B Y G IV E N T H A T S A ID B O N D S A N D
72
Life
Goodale Street, Park to Henry Street—
Twentieth Street, Broad Street to Mt. V ernon
A venueBonds Nos. 10 and 11, $1,000 each............. 2,000
C O F F IN
E Q U IT A B L E
D e a l t In b v
C IT Y .
AUGUSTUS
FLOYD,
3 3 F IN E S T R E E T , N E W Y O R K * .
THE
Ma rc h 12-, 1892.]
H IG H
JN O . H . B l e s s i n g .
Gaylord, Blessing & Co.,
B A N K E R S AND B R O K E R S,
S T . L O U IS .
GRADE
MUNICIPAL
GRADE
M U N IC IP A L B O N D S ,
SO U TH ERN .
F IS H E R
BONDS
A SPECIALTY.
Se
SH AW ,
B a ltim o r e , M a ry la n d ,
N ettin g the In v e s to r from 4 p e r cent to 6
per cent. W r it e fo r C ir c u la r .
W ESTERN SECURITIES AN D
HIGH
IX
M SCELLA N EO U S.
S T . L O U IS .
8 A M ’L A . U A rL U K D ,
C ITR O N I CLE.
D EALERS IN
E. H. Rollins & Sons, M UNICIPAL
BONDS
CO NCO RD, N. H .
A N D IN T H E
Ed w
ards
W
h it a k e r
.
Ch
arles
H
odgman
Whitaker & Hodgman,
3 0 0 N orth F o u rth Street,
N . W . H A R R IS & C O .,
S T . C O IT I«.
1 5 W a l l S tr e e t, N E W Y O R K .
B llk T O N
< * If! A G O .
O H IO .
J.
Hayes & Sons,
BANKERS,
Dealers in MUNICIPAL BONDS,
Street Railway Bunds and other high grade In
vestments.
1 4 3 S U P E R I O R S T ., C L E V E L A N D .
10 W A L L S T . , N E W Y O R K .
7 E X C H A N G E PEACE, BOSTON.
Cable Address, “ KEN N ETH.”
Lamprecht Bros. & Co.,
BANKERS,
MUNICIPAL
BONDS.
C leveland, O hio, P erry-P ayn e B ’ ld ’ g
B o sto n , M aes., 53 State Street.
N ew Y o r k , 11 W a l l Street.
W . T . IR W IN .
F R A N K ELLIS.
F. H . B A L L M A N N
Irwin, Ellis & Ballmann,
SUC' ESSORS TO
Union Loan & Trust Co
SIOUX C IT Y , IOWA.
INCORPORATED 1885.
C A P I T A L , P a id Up in C a s h .. . . 3 1 , 0 0 0 , 0 0 0
S U R P L U S ........ ....................................
1 7 5 ,» 0 0
DEALERS UN HIGH-GRADE COM
MERCIAL EAPKR,
A supply o f w h ich it alw a< s h a s on hand for
s a le ai Cu rrent R a te s .
M U N I C I P A L , C O R P O R A T IO N A N D
(SCHOOL B O N D S .
No S tro n g er L o a n and T ru st C om pany In
th e W e s t . Correspondence so lic ite d .
G E O . L . J O Y . P res.
A . s , G A H R E T S O N , V ic e -P re s.
E . R . S M I T H , Sec’ y .
P rom pt A tten tion G iv en to C o llectio n s,
The Colorado Mining
Investment Company,
41 W A L L
AM ES
Morehead, Irwin & Co.,
NO.
BONDS.
STREET, N EW YO R K ,
B U IL D IN G ,
ROSTON, M ASS.
DEALERS IN
Stock, Bond and Note Brokers,
01
Issues o f Corporations
Possessing
Strong M unicipal Franchises.
BOUGHT AND SOLD.
BOND AND STO C K B R O K E R S ,
W.
C IT Y AND C O U N T Y
WEST
TH IRD
STREET,
CINCINNATI, OHIO.
M IS C E L L A N E O U S .
G. R . Voss,
DIVIDEND-PAYING MINING
__________SEC U R IT IES.
_
CASH
ORDERS
EXECUTED
Commercial Paper,
THE
Investments in the South.
Exchange Banking &
Trust Company,
ch a rlesto n
s. c
.,
T r a n s a c ts a G e n e ra l B a n k in g an d T r u s t
B u sin ess. S a v in g s D e p a rtm e n t. In te r e s t
A llo w e d on D ep osits.
Investments made (ai usual rates o f commission)
n safe and reliable Interest-paying Southern secur
ities, and 1st mortgage loans on improved city and
town real estate. Correspondence solicted as to all
Southern nvestments. Being within easy reach
o f all parts o f the South thorough and careful inves
tigation can be made o f intended investments or
purchases.
O F F IC E R S .
GEO. B. E DW ARDS, President.
P. N. PICKENS, Cashier.
H. C. W HILDKN, Secretary and Treasurer.
J. LAM B PERRY, Solicitor.
8M YT H E & LEE, General Counsel.
D IR E C T O R S .
A. S. J. P e r r y , o f Johnston, Crews & Co., wholesale
dry goods.
William M. Bird, o i W m . M. Bird A Co., wholesale
paints and oils.
James Allan, o f James Allan A Co., jewelers.
J. H . F. K o e n i g , with Knoop, Frenchs A Co., cotton
exporters.
G ao. B. Edwards, Pres. Electric Light A Power Ce
Davenport & Co.,
B A N K E R S
A N D
B R O K E R S ,
P A C IF IC C O A S T .
R IC H M O N D , V IR G IN IA .
Commercial Bank,
Correspondence solicited and inform ation fur
nished about Southern State, Municipal and Rail
road Investment Securities.
New York R eference—CH AS. M. FR Y, Esq., Presi
dent Bank o f New York, N. B. A .
1860.
ESTABLISH ED ,
Bonds, Stocks and Investm ent Securities
ON
B A L T IM O R E ST O C K E X C H A N G E .
TACOMA,
W ASHINGTON.
608 FIR ST N ATIO N A L B AN K BUILDING,
P A I D -U P C A P I T A L $ 2 0 0 ,0 0 0 .
Omaha, Nebraska.
Seattle, Washington.
6 P e r Cent B a n k C ertificates Issu e d .
8 P er Cent G old M o rtg a g e s.!
1 0 P e r Cent C ity, County. S ta te W a r r a n ts .
CORRESPONDENCE SOLICITED.
Grattan h . Wheeler, Pres. A. Bridgman, Cash.
1 0 P e r Cent C ity an d County W a r r a n to ,
9 P e r Cent F ir s t M o rtg a g e L o a n s ,
S P e r C ent School B onds.
Tacoma National Bank,
S O U T H E R N IN V E S T M E N T S E C U R I T I E S
First National Bank in the City,
A SPECIA LTY
CORRESPONDENCE SOMOtTED.
The L. H. Griffith Realty &
_______ Banking Company._______
W IL L IA M
H EN R Y CHANDLER
W A L D R O N SH A P L E IG H ,
&
W M . F R A N K LIN H A L L
BOOKS
ACCOUNTANT AUDITED
New form s designed fo r books o f account.
Settlement oi Insolvent instates.
TACOM A,
W A S H IN G T O N .
P a id -u p C a p ita l.................................... $ 2 0 0 . 0 0 0
S u rp lu s............................................. ...........$ 1 2 5 ,0 0 0
President,
Cashier,
Vice-President
W. B. Blackwell. H. O, Fishback. Edmund Rice.
G en era l B a n k in g B u sin ess T ra n sa c te d .
S p ecial A tten tio n to C o llec tio n s.
Paid C a p ita l........ .............................. $ 1 , 0 0 0 , 0 0 0
J. LOEW ENBERG, Pres. JAS. STEEL, Vice-Près.
I. A . MACRUM, Cashier.
SELLS SIGHT EXCHANGE
AN D TELE
GRA PH IC TRANSFERS, and ISSUES LETTERS
o f CREDIT available throughout the United States
D R A W S BILLS OF EXCHANGE on London,
Liverpool, Dublin, Paris, Berlin, F rankfort-on -th eMain, and all the principal cities o f E urope; also on
H ong Kong.
COLLECTIONS M ADE on all accessible points.
SAN FRANCISCO.
418 Exchange Building, 63 State Street Boston.
The First National Bank
Jos. C . Platt, C. E .,
O F SAN F R A N C IS C O , CAL..
CONSULTING ENGINEER,
W ATERFORD,
N. Y .,
4 3 J O H N S T .,
or
N. Y . C IT Y .
x a m ln a tlo n s an d R e p o r ts lo r In v e sto r s.
G. L. B o is s e v a in .
von Hemert & Co.,
BOND
AND
STOCK
BROKERS,
RO ANO KE, VA.
Chemical Engineers and
N at’l Bank,
Consulting Chenrsts. Merchants’
PO R TLAN D , OREGON.
Chemical Industries Investigated, New Processes
Examined. Plans and Specifications oi W orks Fur
nished. A lso Yearly Contracts fo r Consultations.
R o o m s 9 7 & 9 » , Su B r o a d w a y , N e w F o r k .
H . J. VON H e m e r t .
UNITED STATES DEPOSITORY.
C A P IT A L ,
■
$ 1 ,5 0 0 ,0 0 0
SU RPLUS,
$ 6 1 0 ,0 0 0
S. G. M u r p h y , President. E. D. M o r g a n , Cashier
J â m e s M o f f it t , V .-Pres. G. W . K lin k , Asst. Cash
G E N E R A L B A N K IN G B U S IN E S S .
A CC O U N TS S O L IC IT E R .
C. W . Branch & Co.,
BAN KERS AN D BROKERS,
State Bank Building,
R I C H M O N D ,
V A .
flP rivate wires connecting with W ashington, B alk ,
more, Philadelphia, New York, Boston and Chicago.
New York Correspondents: Messrs. M oore A
Schley and Prince A W hitely.
T H O M A S B R A N C H & C O .,
BANKERS A N D COMMISSION MERCHANTS
R IC H M O N D , V IR G IN IA .
Circulars and inform ation on funding the debts o f
Virginia and North Carolina free o f oost; one-eighth
per cent oharged fo r fun din g. Southern Railroad
and State aqd City Bonds bough t and sold.
MERCHANTS’ NATIONAL BANE,
R IC H M O N D , V IR G IN I A .
Collections made on all Southern points on best
term s; prompt returns.
JOHN P . BRAN CH , President.
Jo h n F. G l e n n , Cash’r. F r e d . R . Scott . V ice-Pres
W m . Bisher & Sons,
BAN KERS AN D BROKERS,
2 3 S o a t k S tre e t,
B A L T I M O R E !,
M D ,,
THE
X
C H R O N IC L E .
flirtatici al.
©ottou.
Cotton.
W OODW ARD
& S T IL L M A N ,
Walter T. Hatch,
H enry Prescott Hatch,
Arthur Melvin Hatch
Members of N. Y. Stock and Produce Exchanges.
I N M A N , S W A N N & Co
MERCHANTS’
W . T . Hatch & Sons,
14 Nassau Street, New York.
16 TO 22 WILLIAM S T R E E T ,
NEW
[Voi,. U V ,
COTTON MERCHANTS
YORK.
N ew Y ork .
COTTO N O P A L L G R AD ES SU IT A B L E TO
Dealers In investment stocks and bonds.
Personal attention given at the N. Y. Stook B z .
ehange for the purchase and sale on commission or
stocks and bonds for cash or on margin.
Interest allowed on deposits, subjeet to draft at
light.
W AN TS OP A M E R IC A N SPINNERS.
s t e r n a Co.,
New Orleans, La.
a n , D u r r A Co..
Montgomery, Ala.;
.Le h m
LEHMAN
BROS.,
C O M M ISS IO N M E R C H A N T S ,
Henry Hentz & Co.,
COMMISSION
16 to 3 2 W illia m Street, N ew Y o r k .
M EM B ER S OP T H E STOCK, COTTON, COF
F E E A N D PRODUCE E X C H A N G E S ,
New Y ork.
STRAUSS A CO.,
Manchester, and at prtncipal Cotton Centres
on the Continent.
STR AU SS
COTTON
&
C O .,
MERCHANTS
4 8 B R O W N ’ S B U I L D IN G S ,
L IV E R P O O L .
Special attention given to correspondence with In
terior Cotton Merchants and Buyers for the pur
chase and sale of Cotton both on spot and for future
delivery.
Crenshaw & Wisner,
1 6 4c 18 E x c h a n g e P la c e, N ew Y o r k .
C O M M ISS IO N M E R C H A N T S .
BOSTON,
MASS.
C O F F E E
at the NEW YORK COFFEE EXCHANGE, and
G R A IN
Orders executed on the above Exchanges as well
M In New Orleans. Chicago and foreign markets.
Co.,
BANKERS AND BROKERS-
C O TT O N
at the NEW YORK, LIVERPOOL AND N EW OR
LEANS COTTON EXCHANGES. Also orders for
NEW YORK.
F. H . Prince &
EXECUTE ORDERS FOR FUTURE DELIVERY
' Mo. 40 Exchange Place,
STRAUSS A CO.,
Savannah and
New Orleans.
MERCHANTS,
AND
HIGH GRADE INVESTMENTS
P R O V IS IO N S
at the NEW YORK PRODUCE EXCHANGE and
the CHICAGO BOARD OF TRADE.
Members of New York and Boston Stook Exchanges
Hubbard, Price & Co.,
COTTON EXCHANGE BUILDING.
NEW YO R K .
General Commission Merchants.
Members New York Cotton Exchange, New York
Produce Exchange, New York Coffee Exchange,
Chicago Board o f Trade.
Orders executed on any o f the above Exchanges,
also for purchase and sale o f cotton fo r future de
livery in New Orleans and Liverpool. Liberal ad
vances made on cotton consignments.
P R I C K , R E I D Ac C O .,
N o r fo lk , V a.
P R I C E , R E I D & A D A U S , L im ite d .
C h a v e s to n , 8 . C.
E xecute orders fo r cotton for foreign and domestic
shipment.
J. O. B loss.
Geo. H . C h u r c h , Spedai
J . O. B LO SS & C O .,
COTTON
22
M ERCHANTS,
William
Street,
The Short Electric Rail
way Company.
Cearless, Single Reduction
AND
Double Reduction Motors.
NEW YORK.
Members of the Cotton, Coffee and Produce Exch’s.
AGENCY OP
W . D . Rountree & Co.,
THE H AXALL CRENSHAW CO.,
COMMISSION MERCHANTS,
RICHMOND, V A .
Standard Brands of Flour for Shipment to Warm
Climates always on hand.
SULPHUR MINES COMPANY
CO TTO N E X C H A N G E B U IL D IN G , N E W
Y O R K , and N O R F O L K , V A .
WAY DYNAMOS.
COTTON, COFFEE, GRAIN. PROVISIONS AND
STOCKS.
Orders executed in New York, Chicago & Liverpool
LINE APPLIANCES FOR COMPLETE
OF VIRGINIA.
High-Grade Pyrites, free from Arsenic.
Hopkins, Dwight & Co.,
COTTON. COTTONSEED
SO U TH ER N PRODUCE
NEW YORK
Lucius Hopkins Smith.
Samuel Hopkins.
Bliss, Fabyan & Co.,
N E W Y O R K , BOSTON, P H IL A D E L P H IA
S e l l in g A g e n t s
BROW N
for
L e a d in g B r a n d s
an d B L E A C H E D S H I R T I N G
an d S H E E T IN G S ,
PR IN TS, DEN IM S, TICK S, D U CK S, AC.
T o w e ls , Q u ilts , W h it e G oode a n d H o sie r y
D rills, Sheetings, tie., tor Export Trade.
Geo. Copeland & Co.,
COTTON
1S4 P E A R L
BR OK ER S,
STREET, NEW YO R K .
COTTON
MERCHANTS,
CLEVELAND,
OHIO.
P H IL iD E L P H lA i
Live rpo o l corresponds * » .
F R B D B R Ifl Z K R K fiA
St C O .
MERCHANTS,
R e a m Sii. Cotton E xch a n ge B u ild in g .
Gustarne G. Hopkins.
Charles D. Miller.
OVERHEAD CONSTRUCTION.
Geo. H . McFadden& Bro.
O IL
AND
COMMISSION
SLOW SPEED, MULTIPOLAR R A IL-
W ay land Trask & Co.,
B A N K E R S AM D B R O K E R S ,
Fifth Avenue Hotel,
M a d iso n Square, N E W Y O R K ,
The largest, best-appointed and most liberally
managed hotel in the dty, with the most central
and delightful location.
HITCHCOCK, DARLING A CO.
Massasoit H o u s e ,
18 W a ll Street, N ew Y o r k .
Transact a general banking business, including
the purchase and sale on commission of seonrltie
dealt in at the New York Stook Exchange.
W A Y L A N D T R A .SK ,
TH EO D O RE B A L D W IN ,
A lf r e d N . Ra n k in .
Am erican Exchange B ank,
S T . L.OUIS, H O .
S P R IN G F IE L D , M A SS.
THE BEST-APPOINTED HOUSE IN WESTERN
NEW ENGLAND.
Convenient for the tourist or business man, Near
Union Depot.
VST. H . C H A P I N .
C a p ita l, - 8 3 0 0 , 0 0 0 I S u rp lu s, - 8 3 0 0 , 0 0 0
PETER NICHOLSON. President.
A L V A H MANSUR, Vice-President.
W ALK ER HILL, Cashier
W e send items d i r e c t to every banking point In
this State_______________________
Cahoone & Wescott,
E . D. Shepard & Co.,
Members New York Stock Exchange,
1SUCCESSORS TO
18 W A L L S T R E E T .
Government and Investment
AUG. T . POST, Banker,
Bonds.
Stocks and Bonds Bought and Sold on Commission.
D K K X E L B U I L D I N G , B R O A D S T ., N . V i
State, County and City Bonds.
@FedFRASER