View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

W xmitk

AND

HUNT'S MERCHANTS' MAGAZINE,
«KPRKSKNTINQ THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES
(Entered acsordlog to Act of Corgres?, In tbe year 1891, by

VOL.

Wm.

B.

Dana

iSe

Co., In the office of the Librarian of

SATURDAY, MARCH

62.

Oongreu, Waahlngton, D.

NO. 1,342

1891.

14.

usual interebt payments at the opening ef the month, and
active dealings on the New York Stock Exchange.

%\xt (^hxonxcU,

0.]

mors

During the week of 1890 with which comparison is now
instituted share speculation at New York was heavier than in
of Subscription— Payable in Adrance
consequently the exchanges for 1890 in the
the present year
$10 20
For One Year (Incladine postage)
do.
6 10
For Six Months
whole country exhibit a decrease of 7'5 per cent. A slight
postage)
11
50
(Including
Subscription
European
6 75
decline outside of New York is also to be noted. Most promEuropean Subscription Six Months (including postage).
£2 8s.
Annual Subscription In London (Including irastage)
inent in percentage of gain this week are: Galveston, 88'50
do.
do.
*1 98.
do.
Six Mos.
These prices include the Investors' Sdppi-ement, of 150 pages, per cent; San Francisco, 34-3; Norfolk, 29^; Des Moines, a«-8,
Usued once in two mouths, and furnished without extra charge to and Nashville, 26'3 per cent. There are a number of importDbscrlbers of the Ciiromile.
A Hie cover Is furnished at 50 cents: postage on the same Is 18 ant losses.
vents. Volumes bound for snl.scrihers at $1 00.
Subscriptions will be coutinued until clctlnitely ordered stopped. The
Wttk Ending March 7.
Wuk Bnd'Q reb.

Termg

;

—

pnblishers cannot be responsible for remittances unless
or Post Office money orders.

88.

made oy drafts

1801.

Terms of Advertisinsr.
New Tork
Advertisements ordered for less than one month, in the Commercial SolM of—
& Financial Chronicle, are published at 25 cents per line each inser- iStOtkt
tOotton
tion. When orders are definitely given for one month or longer, a lib(0ratn
«ral discount is allowed, and the net priee» maybe obtained on applica(Pttroltum
.Uon at the otllce. The lowest rates on permanent cards definitely ordered for one year are 8 cents per line each insertion, making $58 tor Uotton
one Inch space one year, Space la measured in agate type— 14 lines to I'roTldenoe

fkOTM.)
balu.}
btuhtlt.)
ifcl*.'^

Hartford

the Inch.

New Uaven

London Agents

gprlugfleld

Worcester
Hemrs. Edwards & Smith, 1 Drapers' Gardens, E. C, will take sub- Portland
9oription8 and advertisements and supply single copies of the paper at Lowell
Is.

New Bedford
Cc^FublUbers, Total New Bngland...

each.

wiTiT.M B niv.

(

ifSv n
i-rnvn
JOHN
O. FLOTD.

i
^

B. DANA &
10* William Street, NKW
p^jg.^, Oyp,cE ^qj 959

WlttlAIW

YORK.

Philadelphia
PIttsbnrg

Baltimore
BnlTalo

CLEARING HOUSE RETURNS.
The

following table,

made up by

Washington
WilmlnKton, Del

telegraph, etc., indicates Syrscase
Rochester*

that the total bank clearings of all the clearing houses of th^
Total Middle
United States for the week ending to-day, March 14, have Chicago
been $1,009,045,035 against $1,062,621,513, last week and Cincinnati
Milwaukee
$1,133,753,822 the corresponding

week

Detroit

last year.

CleTeland

Columbo*

CLEA RINGS.
Rttwrnt by TeUgraplL

Hew York
Boston

Ohlcago
St. Lonls
New Orleans

Seven cities, S daya
Other oltlee, S days

Eniing March

14.

1890.

«672,no,690
78,624,261
57,611,199
12,524,791
66,527.000
18,216,129
9,537,761

Per Cent.

-16-2
-6-4
-17-4
-13-6
-(-16-5

-t-21

—12.4

$805,421,027
117.661,172

-fll-7

(886,010,124
172,104,911

$923,083,199
210,671,323

-9-3
-18-3

an cities tor week...l $1,009,046,035

$1,133,763,822

all cities,

Iday

6 days..

The full details of clearings for the week covered by the
above statement wiU be given next Saturday. We cannot, of
course, furnish them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to be
in 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 7, with the comparative totals in 1890.
The heavy gain over the week ending February 38, observable in the table below, results primarily from the fact that the
current total embraces a full week, whereas the previous
week's figures covered only five business days. Other influences tending to swell the volume of clearings have been the

P.Oml.

6*0,593,338

706.108,861

-181

(980.340)
(537,800)
(86.184,125)
(1,00^,000)

(1339,631)

(-36-6,

(338,900)
(55,399,113)
(1.638.000)

-Sl-6,

00.756.311
6,289,60(1

8.183,088
1,«SS,I8«
1,246,380
1.147,581
1,311.981

587.443
157.330

93,017.366
1,877,800
3.346,639
1.344.437
1.383,387
l,07(<,133

1,172.139
637.564
S.S5,d87

101,103,598

106.173,132

86,019,539
13,111,308
14,376,795
7,884,677

76,9C0,166
14 .930.460
15.896.776
7.»38.938
1.601,131
835.916
709,818

1,750,18S

987,851
8i4,eec
1,695,29*

I-58-7)

-78-4)

-1-4

iseu

-flri

(620.016)1 (-68-4)
(390.300)1 (-f«S-6)
(36,833,360)1 (—SO-M
(448,000)1 (-9(W{

-3ST8
-14-1
-13-S
—30-8
-16-0
-17-6
-81-8
+14-9
-7-7

-7-9
H^8-7

72,335.712:
4.878,2001
1,733,838
l,005.817i
1.007,045
l,0i9,283
IM 1,393
604,518|
333,869!

-0-7

83,667,343;

-31'S

-15-4

6«.961.888|
11,786,8671
11,70 7, VS86;
6,843,979
1.107,153

—8ft«

-I-8-4

-f5-8

-90

—8-7

^8

-12-2

-90
+80
4 9-3
+16-0
-Hl-t

706,739
782,819
1,080.661

118,490.677

-13-3

87,864,691

81,588,786
1S.718.95C
6.373,681
5,683.349
6,l41,8ie
8,364.70C
1,980,038

-I-11-6

66,352,3381
10,783,380
4,382.4391
4.498.829
4,404,374:
3,288.300
1.580.828
1.618,040

761,739

73,073,963
13,838,350
4,968,694
5,983,366
4,786,774
3,084,900
2,3<M.877
1,681.371
781.534

119,494,373
19,403.061
1,889.383
X,326,800
879.955
883,600
1,731.736

1,SI98.S7S

P.OMW.

188,489.867

103.914,705

-

6-8

-

81

-3-S
-7-4
--6B

-16 3
4-33-5

-80-8

-in
-in
-96-8

-31
-13-1
-19-1
-lS-1

-37

—4-9
-81-3
J-S-8

-11-9

-I-4-2

574.774

100.033,188

+9-6

96,440,078

-6-8

14,443,743
1,769,835
1,802,378

-i-si-s

74»,386
736,833

-fl7-4

13.166,148
1,724.443
1.000,945
884,219

-lS-1
+»-9
+18-8
+89-7

+31 ^

371,871,
1,818.103

84,380.708

18,891,678

-t-«8-5

17.116,1871

9,804,801
4,604,204

-107

Minneapolis
St. Paol.

Omaha

8,761,390
6,360,186
8,367.393
1,096,806

Denver

4,666,7811

'••SS^'K?
1,679,611
6,788.749
3,068,829
1,706,953
915,741
«t3,697
741,778

—18-4
-30-3
-37-7

7.789.083
4.818.463*
3,388.057
3.803.713
3.910.0i6
1,143,913

Grand Rapids
Total Middle Western

San Francisco
Portland
Sieattia

Tacoma
Los Angeles
Salt

Lake City*

Total Paoiao

-I-0-9

1706.520,308
131,119,816

Allolttee,

Total

1891
$179,612,011
73,531,395
47,676,315
10,816,440
65,852,000
18,603,124
9,626,790

PtalUdelphla
Baltlmor*

Total

treek

Indlanapolli
Peoria

1880.

KansaaCity

Dnlath
at.

JoMph

SionxClty
Dee Motnes
Wichita
Lincoln

Topeka.
Total other Western..

Lonls
Orleans
Lonls TlUe
Memphis....

St.

New

Rtohmond
aalveeton
NashTllle
Dallaa
Fort Worth

Norfolk
Chattanoosa

BIrmliwham
1.exlDston

Houston*

Waco*
Total Southern

Total aU

Outside

New Tork

1,388.600
1,870.827
9T3.010

86«,sao
606,686
566,736
181,183

561,^

46!-

+VV

+18-4
-t-9-3

+97
46-8
+36-8
-81-4
-1-8

1,310.697'
835,5731
658,6791
613,32:1
443.779'

878,370

+1^6

473,481

88,363,964

35,531,718

-e-1

~M.714,716

31.478.613
11,908.168

88,339,733
13,631,016
8,768,109
8.910,733

-3-4
+13T)

17.838.434
10.714.448

-se

^•VA-iM.

+IS'S
+886
+86-8

6,89;t.837
3.382,8 13
8,144,888!

8,6iai71
2.901.338
8,343,116
8^818.746
8^354.663
1^006^809

617,986

1,193,819
l,ges,333
1,666,118
1,094,917

l,016Ji8e
eM,70(l

760.868
617,376

-1-3

890.440

&3938J

+89-8
+8-4

939.787
611,718

-en

907.082
118.800
678,110
130.168

788,793

-18^

18U.WU

-17-0

+411

-19-6

—ro

—15-6
—18-9
-31-0
-8-9
+88-7
-81-«
-3-7

+1»7
-18-6
-18-8
-87-1

-Ul
+181)
+11-8
-8-1

+15-6

S2-7
—
+3«-6

-18-6

-88«

1,198,001
578. 838

688,683
86,961.116

1,063,681,618 1,118,783,518

IIS.038.180

l,»a0.44'<'

-396
-ir2

1.67»,66«

66,671363

8,601J8l|

—11"S

US^.«SIJ

+ 8-f ~ie,8»6.589

-15-B

-7-6

81»,619J16

-»»-8

-U-1

360,156.918

THE

406

CHUOXVICLE.

I

Vol. LH.

market its securities. It would seem as if even banks^
were in our day getting to be, in some degree at least,-]
eleemosynary institutions.
Notwithstanding these difficulties in Paris, the<
to

THE FINANCIAL SITUATION.
The

tinexpected

of

the

difficulties of

the

announcement by cable

serious

financial

|

involvement in
"Societe des Depots de Comptes Courants," by reason
to depress
of the Argentine troubles, served for a time
Paris
with
relations
Our
this
week.
market
stock
the
the
are not so intimate as to be disturbed materially by
the embarrassment of so modest a
concern, having but 16 million dollars capital and only
25 per cent paid in. Hence it was not so much the
direct influence

of

embarrassment that attracted attention as it was that
the embarrassment came in the direct line of, and
therefore magnified, the reports and rumors growing

out of the same cause which have been so long current
respecting prominent houses in London. To find the
South American business showing its threads interwoven and tangled up in the afEairs of another European
financial centre was, to^say the least, a very suggestive

revelation.

rumors from London and the peculiar and unintel-j
Buenos Ayres, our money
market has shown an easier tone this week, foreigaj
bankers having been among the most liberal lenders of
Perhaps the known fact that Governmenti
money.
was making payments in excess of its receipts has had>
bu
something to do with the change in tone
it must not be forgotten that our banks have at th
same time been discounting for and shipping fund*
Last Saturday the"
to the interior quite liberally.
Clearing House institutions resumed the publication of
their detailed statement, which publication has beeai
suspended since November 14. The return shows that(
five of the largest banks last week held $8,138,700 out!
Call loans, so fan
of the $10,880,975 surplus reported.
balances,
have
been made at 4<j
bankers'
represented
by
as
and 2 per cent, averaging about 2| per cent renewals have
been at 3 per cent. Banks and trust companies quote 3 to 4
per cent on demand, according to the character of the
collateral.
In time contracts there is a fair inquiry for
renewal of loans maturing and others which matured
some little while ago and not then renewed the supjily
of funds is increasing mainly from foreign bankers
and also from domestic institutions other than banks;
among the latter are mentioned Brooklyn trust comligible situation reported at

(

|

;

I

news imparted was a
which had its beginthe Bank of France on the
occasion of the failure of the copper syndicate and
the consequent critical situation of the Comptoir
d'Escompte, and was tried on a larger scale and in
a little different form by the Bank of England last
November to arrest a disaster which the situation of
the Baring Brothers then threatened, was again quickly
put into shape by the^Bank of France. They have a panies. Bates are now ^^ per cent for sixty days on
way in Paris of doing these things through the kind first-class mixed collateral and 5 per cent for three to
It was so on the occa- six months.
Commercial paper is in better demand
offices of the Government.
In the present instance the from city and country banks, and the supply is good,
sion of the copper crisis.

But the

feeling of unrest the

The modern
short affair.
1889 with
March
in
ning

device,

;

<

;

cable says that after a long consultation between the

Bates are 5@5^ per cent for sixty to ninety days en«
Societe's Directors and its executive officials, it was dorsed bills receivable, 5j@6i for four months commie^
decided to ask the Government to come to the assist- sion-house names and 6@7 per cent for good singk
ance of the imperiled institution. Consequently M. names having from four to six months to run.
Donon, the Managing Director, called upon M. Eouvier,
There appears to be no evidence of disturbance ir
the Minister of Finance, and asked M. Eouvier to advance money at the European centres because of the occurM. Eouvier rences at Paris related above. The cable reportec
the Societe the sum of 50,000,000f.
placed himself in communication with the Bank of yesterday discounts of sixty to ninety day bank bills ii
France, but the directors of that institution, after some London at 2| per cent, which is a fraction off from the
deliberation, refused to grant the assistance asked for. previous week.
At Paris the open market rate is 2J@i^
M. Eouvier then informed M. Donon of the failure of per cent, at Berlin it is 2 J per cen t and at Frankfort 2^ pe:
his application, and, with the permission of the cent. The Bank of England gained £183,000 buUioi
Soci6te's directors, the Minister of Finance convened a
meeting of the directors of the leading financial houses
of Paris.
This convention of financiers resulted in the
Bank of France agreeing to advance 60,000,000f. to the
Soci6te under some kind of a joint guarantee by the
financial houses

the Societe is also to call for 375f.
shareholders, and the assets^of the Soci6t<3 are to be assigned for the payment of the advances.

per share from

;

its

By these means a calamity which might have had a very
wide-spread and harmful influence is averted. Safety to
the community is obtained by the use of the money in the

Bank

of

France

;

but underneath the advance by that

institution stands the syndicate of bankers,

during the week ; this, as we are informed by a special
cable to us, was due to an import, principally "bought'
and from Australia, of £255,000, to receipts from th
interior of Great Britain of £82,000

and Portugal of £158,000.
£37,000 gold, and the Bank

Brazil
lost
last

and

to exports

t

The Bank of Franc
of Germany since th

report shows a gain of about £156,000 of

thi

metal.

Our

foreign exchange market has been dull and gee

week, with unchanged nominal rates a
4 86 for long and 4 89 for short, and only fractions
changes in the rates for actual business in sterling an
erally firm this

entirely unaltered

figures for Continental

exchangf

and under- It is a fact worthy of remark that Brown Bra
neath them is the call on the stockholders
and the have maintained the same posted rates for ste:
assets of the embarrassed institution.
There is proba- ling since February 18.
On the 25th Kidde:
bly no risk run by any one in this chain
of obligations, Peabody
& Co. advanced to 4 86 for Ion
as no loss can apparently fall upon
any one concerned and 4 89 for short, and have made no chanj
in it except such as falls upon the
shareholders by pay- since.
The two Canadian banks did not follow unt
ing up another instalment of their subscribed
capital. March 3.
The demand this week has been for renii
In other words, the loss, such as there may
be, is con- tance in settlement of
commerci
bankers' and
fined wholly to those who should
bear it, while even credits, and the supply has been just about equal to tl
their interests are conserved
and the loss minimized by inquiry, although bills are reported scarce. The toi
the time gained by the embarrassed
company in which at the close was firm for short bills and cable trau

j

!

I

\

j

i

|

j

March

THE GHBONICLK

14, 1891.]

and actual rates for sterling were 4 85i@4 86^ for
long, 4 88@4 88^ for abort, 4 88i@4 88^ for cable
transfers, 4 84i@4 84J for prime commercial, and
4 83J@4 84 for documentary drafts. Mr. Brock, of the
fers,

"
"
"
"
"
"

407

boring States to confer with each other for the pur-

which
would relieve the situation of the present inequalities,
which tend to dislocate business and compel its
transfer,
not on the ground of natural advantages,
preliminary
the
Bureau of Statistics, issued yesterday
legislative exactions."
Much good
avoid
leading
articles.
but
to
of
exports
the
statement for February of
adoption
this
from
the
of
suggestion,
result
might
similar
figures
for
with
subjoined,
The statement is
any
harm.
not
possibly
do
could
while
it
comparison.
for
years
previous
ZPOBTS OF BKBADSTDKFS, PBOVI«ON8, OOTTOK AKD FBTROLBUM.
The Missouri Pacific report, issued this week, has
been awaited with more interest than the average
1888 80.
1890-91.
BxvorU
report, since that company, unlike most others, does
from U. S. February. SMonUu. February. 8jrontk«. ftbruary, 8 Month*.
not furnish information as to

QuonKtiM..

WhraLbuah.

S,S00,««9

noiir...bblS'

886,750

31.153.997
6.

4 800.470 87,071.465
l,007,«i7
7334.969

1.685,829

S8,70.'S,970

666.778

6.227.466

.bu.

7,801.074

72.328.781

4.686.130

61.729,567

1.41«,719

88.383,24«
20.936,717

•.SSOJSS

Cora. ..bush.

13,423,811

55.444.778

7.670.884

38,708.983

Tot.basb..

9,«15,793

83,319,903

22,780,043 127,773,659

WbMt.

67,632,421

4,736,708

«
60,974,087

932,382

11,823,558
203.411

5,627,SW

24,157,937

3,476,96«

19,917,003

19,484

437.138
60.034

1.911,201

24.887

619,331
248,«8<

8.!l48,g01

72.873,700

14.640.178

7.378.138

0*U t mul.
Buler
•-

Cotton

»

8,569,271

t

Wh't&aour.
Comft meal.
Bye

ProTlAlonA

12,156,514 100,436.650

t

t

60.278,786

Yalutt.

Br'dataRk..

pose of arranging a general scheme of taxation

»

13,028,340 111,942.704
29,825,870 227,325,974

735

68,519

600.815

48,616
31,366

362,045
796,811

94,848.148

8.293.765

82,108.465

12,818.671 104.426,364

9.258.506

73,406,606

639.774

46.43'

21,438.937 209.524.447
3,139,448 35.485.411

;

21.807,152 170.642,308

close of the year.

The

its

business

results are

till after the
about as expected,

and. in harmony with what we know of the general
Taking the whole t5,125
situation in the Southwest.
miles of road operated, gross earnings have increased
11,876,877, or from a total of $23,493,467 in 1889 to a
$25,370,344 in 1890. The net earnings on
hand have diminished from $7,960,584 to
There are two reasons
$7,367,615, a loss of $592,969.
for this falling off in net: (1) the further decline in
total

of

the other

average per ton of freight per mile having
1-024 cents in 1890 against 1-132 cents in
only
been
Tot. T»Iue. 54,902,136 448.625.894
* Includlnx CAttle and boss In all months and years.
1889, and the average per passenger per mile 2-16 cents
It will be noticed that the total \alue is nearly 3 mil- against 2-45 cents, and (2) the large outlays made for
lion dollars greater than the large lotilof last year.
betterments and extraordinary expenses during the
It is too much to expect a sestioa of the New York year, these having reached a total of $857,070.
It is
Legislature to pass without the introduction and advo- stated that on the basis of the average rate per ton per
Fetrol'iii.&e.

3,159,025

36,483.516

8,509,479

33,441.079

rates, the

52.037.234 444.233.1701 42,868.962 3«S.n(>041R

cacy of some crude measures for altering our tax laws. mile received in 1889, the 1890 tonnage would have
Just now there appear to be quite a number of these prop- yielded $1,842,816 additional gross earnings, and on
ositions before the legislative body, some of which have the basis of the average for 1888 the additional
already been considerably advanced. Senate bill No. 107 revenue
been
Vicehave
$2,191,242.
would
It proposes to President
is a peculiarly objectionable measure.
with
reference
justly observes
Clark
amend the present law with regard to the taxation of to checking the decline in rates, that the remedies
personal property by striking out the words "after de- are in the hands of no one carrier, however conservative
"ducting the just debts owing by him" (the owner of the the policy it may adopt, " but lie in the concurrent
property).
In other words, it is the old attempt to tax " and united action of all companies, whose operations,
personal property at its full value without deduction for " directly or indirectly, affect each other, whether
debts.
That there are defects in the present tax laws no " occupying
or
common, contiguous,
territory

one will deny, but under the proposed enactment the situation of our merchants would become intolerable. The
New York Board of Trade and Transportation is vigorously opposing the bill, and they point out that the
operation of the law would be to impose a tax upon all
"personal property, goods, wares and merchandise,
** manufactured and unmanufactured, found in stock
"in possession of any business man in the State,"
irrespective of what may be owing thereon.
It does not
require any great amount of foresight to see that the
effect of such an enactment at any time and especially
in the present era of low profits and small returns on
all business operations, would be exceedingly harmful
to the trade

and commerce of

New

The Board of Trade circular
many classes of goods handled in

York.

states

that there are

" remote." The Missouri Pacific balance sheet shows
$932,939 of interest due and accrued, $2,510,881 of
December vouchers payable in January, and $2,431,466
of advances for new- construction and equipment. But
on the other side of the account we find that the company held $676,389 of cash and $4,639,376 of balances,
uncollected earnings, &c.

Our stock market
lar,

this

week has been

dull

and irregu-

and with the feeling rather depressed most of the

time,

though a few

of

the specialties have

shown

Yesterday there was a spurt of activity,
between twelve and two o'clock, but in the afternoon
a fall in the coal shares again unsettled the.
market. Europe has done little either way, and the,
strength.

financial disturbances

in Paris on

Thursday exerted

Mr. Milton
only a temporary influence on prices.
profit of only a fraction of one per cent to the mer- H. Smith, formerly Vice-President, has been made
chant.
If then these goods were taxed 2 per cent or President of the Louisville & Nashville ; at the same
thereabouts the business would be destroyed, or else the time the office of Chairman of the Board was created,
this city that yield a

attempt would be made to carry it on in neighboring
States, where no such exactions are imposed.
At
the monthly meeting of the Board this week, a set of
resolutions, presented by Mr. Simon Sterne from the
Committee on Legislation, was adopted, declaring
opposition to Senate bill No. 107 and likewise Senate
bill No. 301, both being declared unwise and dangerous
measures.
The Board also expressed its approval of
the suggestion of Mr. Abram S. Hewitt, to the effect
that it " would be very desirable if a commission could
" be appointed in New York and in each of tbe neigh-

and Mr. August Belmont elected

The

following statement,

to

fill it.

made up from returns

lected by us, shows the week's receipts
of currency
1l«ek Bndint

and gold by the
March

13. 1891.

Oumncy.

New York

nfcrtvtdbt

With
follows.

banks.

Skipped

6|f

S.r. Banka. H. T. Ban'".

lfetl»t-itr

Movtmmt.

"tiiM 1,000

f2,8.^6.UOO I.ess.$: ,364,000

$1,491,000

»S.86».0O0Ilo«".»1,(I««.00O

30t>,0l'0|lx>8«.

Sold
Total gold and legal tenders..

col-

and shipments

SOO.OOO

the Sub-Treasury operations the result

is

as

THE CHRONICLE.

408
Week Enaino March

13, 1891.

Banks' Interior movement, as above
Bnb-Treasnry operations
Total gold ana legal tenders

Into

Out of

Banlt$.

Banks.

Net Change

$3,356,000 I,o88.$l,864,000
14,800,000 Gain. 1,300,000

$1,191,000
16,100,000

$564,000

$17,591,000 $18,165,000 Loss.

-

In

Bank Ho!dtno».

The following table indicates the amount of bullion
the
in the principal European banks this week, and at
corresponding date last year,
March

March

12, 1891.

18, 1890.

ngland.

Gold.

SUver.

Tolor.

OlM.

Siiuer.

£

£

£

£

£

23,316,644

28.756,122

23,316,644

48,523,000 49,697,000 98.120.000
29,264,667 14,632,3331 43,897,000
6.427,000 16.618,000 21,046,000

France

Oennany
Aust.-Hun'y.

Total.

£
23,756,122

60.013,000 50,009,000 100,022.000
27,641,333 13,770,667] 41,312,000
6,440,000 16,281,000 21,671.000

Netherlands..

4,207,000

5,684,000

9,791.000

4,766,000

6,700,000

10,458,000

Mat.B'lKtum.

2,988,667

1,494,383

4,483,000

2,883,000

1,426.000

4,279,000

Tot.thi8week 113.726.878 87.826,666'201,562,544 114.369,455 87.136,667 201,496.122
Tot. prev. w'k 113,266,813 87,667,999 200.924,312 1U,077,465 87,089,667 201.167,132

THE KIND OF CURRENCY THE WEST NEEDS.
Mr. Jeremiah Simpson, member

of

commerce in greater volume must not the surplus flow
towards the sections where there is a lack. That, we
say,, appears on its face to be a reasonable expectation.
And yet does not Mr. Simpson himself give us good
evidence for assuming that this expectation will not
be realized if his proposal is put into practice.
We are
issuing

Congress-elect

from the Seventh District of Kansas, appears to be a
man of much more intelligence than has been represented.
He has, for instance, been reported to have
said, and the report was quite widely circulated, that
no interest should be charged on loans. That is a

now 44

millions of dollars of additional silver

month. Speaking of these issues, he
enough of it ever gets out in petty sums for
" circulation among the masses of the people. Out our

certificates every

says

Banktot

[Vol. LII,

"

little

" way,

for instance, I don't believe one of those silver
"notes of a small denomination was ever seen, although
"the present silver law has been in operation about seven,
"months. I know I never saw one there." Mr. Simpson
also explains where, in his opinion, the notes go under
the existing system, by stating that "the rich specu" lators, who now do most of the handling of the metal,
" take their big sums that they receive from the Govern-

" ment and

use

expects that

it

them in further

speculations." But he
under free coinage, for

will be different

then " the people

who have

small quantities of silver

" would be more apt to deal directly with the Govern"ment, and the coin flowing out of the mints to them
" in smaller individual amounts would quickly find its

"way

into the channels of ordinary trade."

It is interestlog to note that Mr. Simpson is so close
statement so lacking in sense, covering such an empty,
an
observer.
He finds, he says, that the existing sysinane belief, no one would think it worth while to
been
of no service to his section whatever.
tem
has
could
utter
spend time contending with a person who
a-half
million dollars going out every month
Four
and
Post
in
the
Evening
published
But a long interview
it.
large
addition
(quite
a
according to all former estinot
only
Simpson
does
Mr.
shows
that
March
10th
of

not entertain that view, but that he is really a man of mates) and yet not a dollar of the smaller issues finds
Of course his its way into Kansas. There are some other strange facta
thought, of observation and of ideas.
opinions on financial subjects are not of Eastern growth, of a like nature which we have spread before our readand in good part would not be acceptable to people in ers in detail on previous occasions, and which we com-

mend

Mr. Simpson as a part of the problem to be
though we can only give them here in a genwhich is based upon an actual want existing in his own eral way. For instance, during September and OctoState, and which want suggests the remedy he advo- ber last the Government increased the actual circulathis neighborhood; but

we notice that he always has

reason for the remedial legislation he proposes

a

—a reason

tion

cates.

But we
certain

refer

to

statements

the
it

to

studied,

63

million

dollars

—that

is,

a

dollar

apiece

interview to-day because of to every inhabitant of the United States, man, woman
contains with respect to the and child ^and yet during all that period we venture

—

condition of circulation in the Western States. In to say that in Kansas money was becoming dearer and
this regard the most important assertion he makes is scarcer daily.
Or if we include the whole of 1890 in

our calculation it will be found that during that year
and the condition the Government added to the outstanding circulation
it indicates is the cause which induces Mr. Simpson to 98 million dollars.
Measured by the per capita method
favor either more legal tender issues or free silver coin- which Mr, Simpson and those who think like him
age.
He says: "I am a believer in the Government's adopt, here we have over a dollar and a-half added for
*' right to issue legal tender
paper." * * * "I don't every individual in the United States during the
" see why it should not float at par. But a great twelve months, and yet at the end of the year each
" many' of our fellow citizens think otherwise and man, woman and child in the West, according to all
" hence as we seem bound to have a metallic currency, current testimony, had less on the average than he had
" I am in favor of the free coinage of both gold and at the beginning.
" silver, in the hope that it will put more money into
We might go on recalling still other facts, embracing
" circulation than we have now." Again he says the history of the last two decades and cited in our
" You of the East, where most commercial transactions columns on previous occasions, all of which have a like
" are conducted with checks and drafts and bills of import. If Mr. Simpson will only look them up he
'* exchange, do not
understand what it means to us of will see that they are but cumulative evidence tending,
" the West to have money so scarce. We do the bulk
like all that have been referred to before, to show that
" of our trade on an actual cash basis, and the existing past periods of special prosperity have not been pro" state of things cripples us."
duced by, and have not even been concurrent with, the
As we have said above, we have no doubt Mr. Simp- largest amount of what is called money in circulation.
son is correct In stating, as these extracts do, that
more Volume is one condition but not the first, and it is so far
currency is wanted in the West. The mistake
he from being the first that in every system the currency
makes is in claiming that if more of the kind we now
will be disturbing unless the quantity is adjustable to
have were issued the West would secure more.
That the work it has to do. The characteristic which is
claim no' doubt looks correct. The higher the
water above all others essential for business prosperity, and
rises the more of the valley the flood fills
and why in which any circulating medium before it can be efiBcient
like manner, if currency i» poured Info'lKe
cTianiifelte'of must have, is the full confidence of the community
that there

We know

is

great lack of currency in that section.

this statement to be true,

;

;

•

•

Mabcu

THE CHRONICLE.

14, 1891.]

Thia
which it is to circulate in ita stability.
requirement rules out silver, whioh is soiling in tho
markets of the world below its coined value and which
has so long been in discredit that no edict or act of any
single government can restore to it the old value or
Without
inspire the public with the needed faith.
these conditions business must be depressed or fitful.
in

—

For as we said on a former occasion it
build a secure superstructure of credit

is

impossible to

upon an

409

tion in its effect on New York trade interests alone,
what could be more plainly detrimental than to leave
the entire business of the country dependent upon the
New York bank reserves ? They are burdened now
with such vastly-increased local and international
demands that they have become a very poor resource as
the sole reliance for our expanded and expanding
domestic commerce.

obvi-

ously insecure system of currency.

GE0S8 EARNINGS FOR FEBRUARY.

But perhaps Mr. Simpson may ask, what currency
In the face of quite a number of drawbacks to large
system shall we adopt then, for we have admitted that
our statement for the month of February
earnings,
there is an insufficient supply in the West to-day ? It
pretty
satisfactory showing.
makes
a
The results are
should be noticed, however, that we have not admitted

—

an insufficient supply in the whole of the United decidedly irregular as between different roads there
What we have said proves, we think, that the being some very heavy gains and likewise some very
quantity required for the business activities of the heavy losses, the losses also being more numerous than
country cannot be determined until a proper system is in most of the previous months; but the returns which
adopted one in which the quantity is regulated by the show improved results outnumber those which fall
need. And this brings us to the general principle that behind nearly two to one, and besides this the aggregate
there

is

States.

—

should control Congress in organizing any new device
—that is, as far as possible to give to commerce the
liberty to shape its own currency.
It is a qusstion
with us whether the most suitable legislative act that
could be taken to-day is not the simple repeal of the

Of course that proposal suggests

tax on circulation.

visions of the diversified mixture of worthless stuff which

obtained before the day of national bank-note currency.
We however have no fear of the revival of any such

of the gains largely exceeds the aggregate of the losses.

In a word, our compilations cover 145 roads, of which
93 record increases in earnings and 52 decreases, and
the total for all the roads indicates $1,329,374, or 4-13
per cent, gain over the corresponding month in 1890,
It is hardly necessary to say that the comparison is
with very heavy earnings last year, and that the result
is the more encouraging on that account.
In February, 1890, our compilation comprised 151 roads, with

an aggregate gain of no less than $3,071,327, or 11*35
cent.
That with the adverse circumstances and
per
not tolerate, but would detect and reject, any insecure
conditions prevailing the present year as
unfavorable
circulating medium.
Besides, did not commerce make
below,
enumerated
there should have been in 1891 a
the check, with the clearing-house to
situation.

The commerce

of to-day if free to act would

facilitate

movement, the most perfect instrument which

its

exists ?

further increase of $1,329,374

Not only

therefore quite note-

is

but in the years preceding
of exchange, too, for international trade is
last, February had also been pretty generally »-"
the
also the creature of commerce.
No doubt the requirements of the note for use in the retail trade and the good month. Here is a comparison, going back to
process of perfecting such an instrument are quite 1880.
another matter.
But as the commerce of those earlier
Zmeagf.
Eamingt.

The

worthy.

bill

InertOMvr

years produced

the Suffolk bank system and other
arrangements equally flexible and safe, it is quite a
question, when the alternative is between Congressional

and State authorization, whether the

safer refuge

not in the State.
Moreover, the more important problem

is

can the
interior and extreme sections of this vast country ever
have a satisfactory currency so long as Washington
dominates it ? Indeed, it seems evident to us, even
were there no other defect growing out of that plan,
that a note system, however safe, which provides the
is,

that,

Feb.. 1880 (44 roads)
Feb., 1881 (39 roads)
Feb., 1882 (18 roads)
Feb., 1883 (00 roads)
Feb.. 188i (60 roads)

Feb., 1885

(88 roads)

Feb., 188«

(86 roads)
Feb., 1887 (101 roads)
Feb., 1888(109 roads)

Feb., 1889 (122 roads)
Feb.. 1890(161 roads'
Feb., 1891(148 roads)

rear

rear

Ttar

Given.

PreceAinQ.

Oimn.

MOa.

mut.-

13,723,573

11.069,485 Inc. 2,664.088

28,339
40,393
47,212
42,330
60,848

24,212

10.646,569

10,182,861 Inc.

35,318
43,045

16,530,371

12,611.817 Inc. 3,Q18,5M

17,151,602

10,638,761 rnc.

39,174
49.154

14,818,999

13,878,239

18,016,193

16,268.087 Utc.

49,.389

18,082,394

14,852.151 Ine. 1,230.»«
19,026,870 Inc. 1,780,786

61,769

48.299
52,980
58.840

22,118,090

71,.577

08,744

25.434.878

81,108

79,169
88,589

30.U4,85«

65,980

89,374

t

20,762,298

33,484,368

Ttar
PreceMnQ

Dtcrtait.

%

%

IM

.

.

463,718

614,8U
740.760
851,87*

20,210,253 Inc. 1,907,837
24,178,042 Inc. 1,881.888
27,043.329 Inc. z.muvft
32,154.992 Inc. 1.829,374

General business the present year was rather quiet
same in quantity, or even a steadily-increasing amount, on the whole, a fact which should not be ignored, since
all the year through, must prove
a very, inadequate it has a bearing upon the distribution and shipments
device, in that it has no adaptability to the fluctuations
of goods and consequently upon the course of earnin the country's trade
it cannot furnish the West and
ings.
This quiet condition of trade, however, was
South with the proper tools at the time needed to mar- observable
chiefly in the Eastern and Middle sections;
ket their crops and do their local work.
With the in districts further removed from the Atlantic coast
;

quantity inelastic, all the surplus which goes temporarily out of work in the spring and summer
comes East
for

employment, and here

that only flourish

it

gets tied

up

in enterprises

there were instances where enterprise was very active.

More important than the quietness of trade was the
great falling off in the grain movement as the result of

in times of

redundancy; and being last season's short crops. This falling off reached very
once invested cannot be dislodged without friction, large
proportions, and extended to many different sec
causing delay and harm when with the
fall the tions of the country, as we shall presently show.
In
requirement for crop purposes arises.
Hence, we see part it was offset by the better rates so generally
that the country's want for the
purpose of meeting the received the present year, the comparison being with
demand of the West and South is not so much for a a month last year when not only important reductions
larger aggregate quantity as it is for
local sources and in freight rates were made (between Chicago and St.
stores of currency, which shall
be at once responsive to Paul, between Chicago and Omaha, between Chicago
local iieeds and capable of
great expansion and corre- and Kansas City), but when also a passenger rate war
sponding contraction. Finally, looking
at this situa- prevailed which affected a large amount of passenger

]

THE CHRONICLE.

410

In the South the present year there was a
movement than last year, with, however,

business.

that earnings

[Vol.

from other

traffic

LH.

must have increased

larger cotton

16,000.

some exceptions

Aside from the effects of these special agencies, it is
evident from an examination of the results on the individual roads in our table that there has been a change

to the rule.
Before citing the statistics in support of these statements, it seems desirable to refer to one or two temporary and special influences which this year have exercised in

One

some

of these

cases very important effects
is

the rains and floods.

on the

We

results.

naturally

expect more or less bad weather in February anyhow,
and we had some last year, but the conditions in that
respect the present year were really exceptional, affect-

ing

many

roads in widely different sections of the

some

in

of the ordinary conditions affecting railroad

earnings.

The Atchison, which

for so

many months

year had such exceptionally good returns, leading
others in the phenomenally large amounts of its

last
all

time has a loss of $43,903. The exhibit,
however, is really a good one considering the short com
crop in Kansas and the rains and floods on the Pacific
Coast.
It will be observed, too, that the loss comes entirely from the St. Louis & San Francisco and the lines
gains, this

There were rains and floods nearly everywhere. Doubtless the Southern Pacific on its lines in
California and Arizona suffered more severely than any jointly owned (Atlantic & Pacific), the Atchison proper
If one wants to see the effect of the
other company, since through traffic was entirely sus- showing a gain.
pended for a time. But that road is not in our table, short crop on a road almost exclusively dependent on
never making preliminary statements of its gross corn, the St. Joseph & Grand Island will furnish an
The New York Central, however, is in the excellent illustration. That road earned $105,186 gross
receipts.
this year only $54,720.
table, and it had to contend with ice gorges on its in February, 1890;
The
Eock Island has a larger loss than any other road in
tracks in places.
The Ohio Eiver Eoad is in an entirely different part of our table, namely $132,045, and that presumably has
the country, and in the third week of the month had resulted in much the same way.
Some other losses
no earnings at all, floods having made it impossible to that of $42,209 on the Wabash for instance are likeoperate the road.
The Kanawha & Michigan also re- wise to be traced to this circumstance. With all this,
ports having been affected by floods, and the West- however, there are altogether only seven systems or
ern New York & Pennsylvania had its coal traffic companies having in excess of $40,000 decrease among
diminished by the suspension of coal mining from the all the roads in our table, as follows.
same cause. The Wheeling & Lake Erie suffered from
LARGE LOSSES IN GB08S EARNISGS IN FEBBUAKT.
floods for three days.
From Michigan the Toledo Ann Chic. Eock Island & Pac. $132,045 Atchison and San Fran. ...$43,902
country.

—

Grand Trunk of Canada
St. Joseph & G'd Island..
Mexican Central
.

Arbor

& North

Michigan reports traffic interrupted
five days on account of high water.
Pown in the
South there was likewise much rain and wet weather,
and the Chattanooga Union and other roads report
trafiac interfered with in that way.
In some cases the
lains and floods were continued into March, and made
conditions still more unfavorable in this latter month,
as will have been noticed by the reports in the daily
papers.
In the Eocky Mountain regions there was
more or less snow during February, and there were
some interruptions on that account on the roads in
Colorado. A press dispatch from Denver, dated March
4th, stated that no mail had been received
from
Durango, Col., for 17 days, and that the wires to
Silverton were down and under snow in
many

On

.

62,53

43,313
42,209

Texa.Sife Pacific

50,466 Wabasli
47,344

the other hand, large gains are not this time

numerous either.
The Canadian Pacific
stands foremost with $391,743 increase, the Northern
specially

Pacific second with $218,121 and the three roads in
the Great Northern system third with $129,358 inNo other system has as much as $100,000 increase.

crease

;

the St.

Paul

—

comes

nearest

to

it,

having

gained $85,845 and this after fair gains in previous
All these roads must be supposed to have
years, too.
derived important advantages from the larger spring-

wheat crop in the Northwest, since this has not been
attended in their case by

much

loss in corn, their lines

being mostly situated too far north for that.
The
Eio Grande Western comes next in amount of inplaces.
Another circumstance responsible for some very crease after the St. Paul, but that road is in another
section of country, and its improvement follows from a
decided changes in earnings is the traffic in
ice.
Last
different cause, often mentioned in these columns.
year, with the failure of the
ice harvest

and

at

other points where ice

on the Hudson

usually gathered in
large quantities, efforts were made to
overcome the
deficiency by getting supplies from new
sources.
The
is

consequence was that ice was shipped from
most unexpected quarters, coming in some instances
long distances by rail from extreme northern
latitudes, where
alone it was found possible to obtain
it.
The present
year the weather conditions have
again favored the
gathering of ice in the old way and
in the old places
and thus the difference between the
two years is marked'
Eoads which last year lost in traffic
and earnings are
this year recovering their
loss, and vice versa.
It mav
be supposed that this is a
circumstance which has
affected only the roads in
the East.
Not so, however
Western roads have also been
affected.
Thus the
J'lmt & Pere Marquette in
February, 1890, had $33,000
gross earnings from the
transportation of ice.
This
year it had no earnings whatever
from that source.
'^''

;9fi''ona''r'^'"^
•26,909 decr«.8e

m

The

though only $57,075, is 62 per cent on
Below we furnish a list of all
systems having as much as $40,000 gain each.
increase,

the earnings of last year.

LAEGE GAINS IN GROSS EARNINGS IN FEBRDART.
Canadian Pacific
$391,743 N. Y. Ontario & Western. .$51,242
Northern Paeiflc
218,121 Rich. * Danville (S roads). 47.925
Great Northern (3 roads). 129,358 Clev. C. C. & St. Louis
47,012
St. Paul
85,845 Norfolk & Western
45,637
Rio Grande Western
57,075 Chesapeake & Ohio
45,504
Mexican Rail way
54,278 Monterey & Mexican Gulf. 44,998
Chicago & East Illinois.
52,794
. . .

As showing how much larger the spring wheat movement in the Northwest was the present year, we may
note that at

Minneapolis the receipts were 3,001,535
bushels against only 2,143,728 bushels, and at Duluth
539,780 bushels against 337,783 bushels. At Chicago
there was a small gain in the arrivals of both spring
and winter wheat, but as against this thore was a heavy
loss. in corn, oats and barley.
On the whole, however,

Chicago fared better in this latter particular than many
The Chicago grain movement

other Western points.

As for a series of years is indicated in the following. We
road reports only also incorporate in
the same table the statistics as
total gross earnings, it
is evident
regards provisions and live stock.
loss in ice the

Mabch

THE CHRONICLE.

14, 1891.]

BECEUTS AT CUICAOO OUBIKO FEBBUAJtr AND SINCE JANOABT
atnet JantMry

Atruorv.

Whmt.biMh.

S97.S77

Corn...biuih.

3.M1,717
3,tM.802

0*tji..baih.
Rje.. .btuh.

t.ooe.TM

Total fmUn

s.noi.sM

1891.

1890.

1,

1889.

S93,«80
i,430.007
3.827.488
166,888

609.108

1,840.(»0

1.067,866

1,066,119

4.S67,«0»
8,877.893
116.646

6,434,883

U,e09,877

8,0«8,60«

7,041,886

7,688,740

1,187,600

i37.0««
8.636.840

6,603,661
240,461

i.we,8u

404,689
8.307,683

2.636.808

10,118,816 ~0,O47,6<5

17,537,600

23.883,877

17,418,949

190.4 7«

BvlCT.biuh.

1889.

1890.

ie»i.

1.

411

The falling oil at Toledo, St. Louis and Peoria must
have affected adversely the earnings of the Middle
Western roads and some of the trunk lines. And yet'
these roads have on the whole done quite well.
Out of
48 lines altogether from that section,

only 16 fall
behind, these latter including a few prominent compa-

Wabash, the Grand Trunk of Canada, the
Southwestern, the Grand Rapids &
Pork. ...bbla.
711
8.838
4,887
Indiana, the Flint & Pero Marquette, the Toledo
Cutm*t3.1bs. 88,797,308 83,()«9.3T8 16,009,861
Lard
Iba.
7,076,686
«,9«0.077 10,877.048
Among those showing gains,
Peoria & Western, &c.
669,(89
UrehOKsNo
033.873
663,830
the Chicago & Eastern Illinois and the Jacksonville
The aggregate of all kinds of grain is only about Southeastern deserve special mention for the extent of
1,300,000 bushels less than last year, but as against this, their improvement. The New York Central has a
83 already said, the average of passenger and freight small increase, notwithstanding the interruptions from
rates on the roads to Chicago was much better in 1891 ice gorges
the mileage, however, is slightly larger
Flour.,

bblfl.

sta.ua

828.668

146,701

nies like the

770,747
427306
691,487
9,139
8,686
4,458
84^84,413
66,013.873 62,818,437
18,339,681 83,183,478 13,838,897
1,043,178
8,008,1331
1,371,634

& Ohio

Baltimore

;

than in 1890. It will likewise be observed that there now, the earnings of the Syracuse Ontario & New York
was another noteworthy increase in the deliveries of being included the present year.
live hogs, no less than 933,873 head having been delivTRUNK LINES, AND MIDDLE A.ID MIDDLE WISTEBN ROADS.
ered in February, 1891, against only 563,836 head in
1891.
Februaru.
1890.
1889.
1888.
1887.
1886.
February, 1890.
On the other hand, the provisions
»
t
t
t
t
$
movement quite generally shows smaller receipts. Of BaJt.40. Sonthw. 170,120 180,539 161,145 170.808 172.487 144.68S
Buff. Booh. 4 Pitt.
174.191
144,5U
147,488
163,887
131.727
113.19X
cut-meats, indeed, 25,797,208 lbs. were brought in, as Cbica«o 4 East. III. 272,808 219,814 214,310 808.315 171.887 tl29.148
against only 23,969,378 lbs.; but the receipts of lard

Chic.& West.Mlcb.

a.Cln.ChlctSt.L

115,806
088,217

were only 6,960,077 lbs., against 10,277,648 lbs., and
the receipts of pork but 711 bbls., against 4,827 bbls.
It is not till we pass from the receipts at Chicago to
the receipts at other Western primary markets that we
see what a great contraction in the grain movement

Col.Hock.V.*Tol.
Det. Lansing & No.
EransT.A Terre H.
FlintiP. Marq....
Grand Rap. & Ind.*

180,574
78,059
81,007
224,686
210,908

Trunk of Can.t

1.304,071

Taking the nine leading lake and
the West together we find that they re-

there really was.
river ports of

ceived less than 6| million bushels of corn the present
year, against over 16J million bushels last year, while
on oats and barley they lost over 1^ million bushels

Gr.

Lou.ETans.&

St.L.

118,639

N.A.* Chic.
N.Y.Cent.4H.R..

189,331
2,732,806

4 Mississippi.

308,883
147,07-

Louis.

Ohio

Pittsburg 4 West.
3t.L.A.4T.H.br'8..
Tol. 4 Ohio Cent.

West. N.Y. 4Pa..
Total

more.

Louis alone lost over 6 million bushels in
corn, Toledo 1,816,000 bushels, and Peoria 551,000
bushels with 343,000 bushels additional in oats. The
St.

following table gives the

movement

in detail.

In the

02,799
944,831
244,100
8.683,894

* All lines.

The

107,221

t

100,137
95,601
95,293
98,585
96,767
838,205
841,431
779.708
770.624
742,748
164,143
174,112
189,370
199,941
161,06»
78,727
69.814
70,882
71,380
82,400
74,494
67,838
65,117
60,888
64,634
261,485
171,607
190,585
173,500
167,841*
239,834
217,633
217,608
187,111
187.808
1,386,802 1,302.158 1,169,813 1,262,706 1,142,83*
82,926
85,324
67,818
78,690
61,739
185,020
170,427
118,410
162,887
149,199
2,703,833 8,461,730 8,586,483 2,464,831 2,287,838
303,389
289.265
274.428
290,678
311.028
153,860
137,015
88.680
133,405
185,101
89,005
80.263
61.187
77,863
68,816
88.903
77,173
61,634
103.257
77,734
9W,982
983,810
778.091
831,639
251,872
222,847
216,564
184,148
171,58!!
8,582,848

Four weeks.

t

7,908,188

Chicaso

4

7,730,156

7,583,134

Indiana Coal not included here.

record of earnings for the Northwestern roada

—

mixed character the Burlington Cedar
Northern, the Rock Island, the St. Paul
Kansas City, the Des .Moines & Northwestern,

of

is

Rapids

a

&

Chicago table above the figures covered the even month &
all the years.
In this table the four weeks ending the Duluth South Shore & Atlantic, the Milwaukee
Saturday, Feb. 38, 1891, are compared with the four Lake
Shore & Western, the " Soo" Road and the Wisweeks ending Saturday, March 1, 1890.
consin Central showing losses, while the Milwaukee &
BBCEIPT8 OP FLOUB AND OBAIN FOB FOUR WEEKS BNDED FEB. -.28,
St. Paul, the Great Northern, the Iowa Central, the
1891, COMPARED WITH THE FOUR WBKK:3 ENDING MARCH 1 1890.
Minneapolis & St. Louis the St. Paul & Duluth, the
for

,

ru/ur.

WJuat,

Cbm,

OaU,

Barlty,

Ry4,

(W>U.)

(biuh.)

(tnuH.)

(imrt.)

CbwHH)

fttuW

3.488.802
3,810,00f
7.692,685
7,833,974

1,008,726
1.311,898
2.189,022
2,775,594

iiis.aoo
4.39,004

24e,00C
201,0(X
683.00C

395,410

118..'iS2

674,2.W:

77,040
228.788
181,270

Milwaukee & Northern and the other roads show gains.
EARNIN08 or NOBTHWE8TEBN LINES.

OWeow* wk*. Feb.. 1881
4 wk». Feb.. 189<)
Since Jan. 1. isni
SUice Jan. 1. U90

322.148
319.44fl

687.277
378.835

756.633
836.404

1.497.43(

260,200
221,222
594.376
557,745

342,50C

1,157,101

3.541,6i:

4,508.052
8,880.14(
12,710,604

190.472

MOwaukte4 wks. Feb., 1831
4 wks. Feb.. 181KI
Since Jan. 1, 1H91
Since Jan. 1, Ituiu

317,985
871.967
818,52£

77,58(
88.27(
153,82(
159,50(

622,5fl«

1,512.095

400,000

1,180,330
1,118,380

95.047
118.786
185,995
235,026

730,335
735,800
1.455,125
1.788.680

198,450
202,050
480,850
387,150

488,642

7..581.8o«

1.015.960
1.222,892

11,480.391

1891
1800

1.828
8,443
7.52n
19.987

70.637
140,598
150.287
817,714

4 wks. Feb., 1891
4 wks. Feb., 189(1
Since Jan. 1, 1891
Since J an. 1.1890

13.303
12.251
21.008
29,082

222.175
171.609
882.400
492.063

Since Jan.
Since Jan.

1,
1.

1891
1800

2.8«.2S5

7.150
83.800
27,.'>00

185,053

nudo4 wk«. Feb., 1891
4 wks. Feb., 181)1)

Since Jan.
Since Jan.

1.
1.

322.187

3,183

2.138.0:M

10,33.3

3,00C
S,50C

485.282
3.900,420

15.824
41,395

8,800
3,500

OO.ftIO
79,2.52

208.970
292.888

100,588
137,218
213,682
348,808

81.680
134,803
110,275
300,881

122.880
38.274
»»7.37«
121.879

238,805
112,074
664,365
293,154

62,036
42,693
107,220
116,600

1,109.400
1.880.600
2.258.800
4,290,400

901,000
1,244,000
1.780.000
2,322,000

114,000
143,800
301.200
329.800

1.883
7.567
8,034
21,706

DetroU—

Obtwlaiut—
4 wks. Feb., 1891
Since Jan.
Since Jan.

1,

1891

1,

1800

183.570

fi-i^
69,225

477.266
323.533

13,350
8,700
27,450
19,025

U4.600

U2333

Puria4 wks. Feb., 1891

80.000
i72,.->n<i

160.500

4 No

Chic.Mll.4St.Paui
Chic. R. I. 4 Pac.

Iowa Central
Mll.L.S.4Wcst...
Milwaukee 4 N(5r.
Minn. 4 St. Louis..
St. Paul 4 Duluth.
St. P. Minn. 4 Man.
Wisconsin Central
Total
•

38,807
83,363

.

36,US
86,146

650.819

181,832

262,354

604,112

466,186

Since Jan.

1,

700
11,070
2,100
18,117
1.5.950

15,400
40.1.50

4 wks. Feb.. 1890
fhieeJan. 1,1801
Since Jan. 1.1890

734,484
713,3,17
1.71)0.022

1.790.8S0

6,881.570

8,746.578

4,irn,fli4

111.278,8(10,

13„i38,niH
10.144.211

866,851
1,878,881
1,022,872
144.828

271.894
1,783,148
1,154,91'

135,351
218,311
101,005
83,172
77,354
446,014

209,.580

118.438
109,328
85.107

634,288
313,829

320,054

4.080.918' 4.610,318

i"

218,128
1,676.608
1,134,137
128,858
184,182
53,230
93,172
72.234

221.014
1,677,061

976,405
107,954
146,443
69,826
109,234
84,871
668,012
256,478

382.327
2.34.631

4,205,205! 4,098,292

— __

1886.

195.938
1.681.978
•933.663
97.289
167.669

207.648

1887.

64.887
103,368
81,913

?
1.563.901
•769.856

108,857
100,688

4S48S

434.809
881.428

180,888
67,388
410,157
118.937

3,815.828

3.606347

The Pacific roads Northern and Canadian Pacifichave very large gains, as already pointed out.
BABNINQS OF CANADIAN PACIFIC AND NORTHERN PAOIPIO.
Fehruary.

1891.

Canadian PaclBc...
Northern Paciac...

1888.

1889.

046,267

t
814,046
1,193,168

837,994
936,065

B10.640
686.788

4S6,4M

1,882,908

2,037.206

1.774.079

1.036.374

1,079,608

2,839.029

2,229,185

1888.

188T.

1890.

t
1.338.000
1,601.029

»
684.840

Next

to

the

Pacific

roads,

the

Southern group

785

13,170,.V2,'-.

6.887 .034

whole has done quite well, though the gains are
no longer on the large scale of last year. Out of
43 roads which have contributed returns to our statement, 13 record losses, but generally small in amount.
All the rest have gains, the ratio of improvement on
as a

ntl of an-

« wka. Feb., 18B1

1888.

»~

44.550

3.001,536
2,113.728
8,0^8,475
6,380.038

1880

1889.

—

V4nn«ipoIl>—

4 wks. Feb.. 1891
4 wks. Feb.. 1890
Since Jan. 1. 1891

,

629.780
337.783
055,!)57

1880.

Not Including the Unes west of Missouri River.

Duluth4 wks. Feb., 1891
4 wks. Feb., 1890
Since Jan. 1.1891
Since Jan. 1, 1880

1881.

(
Burl. Ced. R.

SLLmHt4 wks. Feb., 1801
4 wka. Feb.. 181)0

February.

159,686

1.833,311

n.,105,888i 2.412,894
12,287.».V)| 4,705..197

30.180.201 13.003.923: 5.038.6951

.3,32,717

320,lHrt
74.3,.'.71

888.082

—thus

some of the smaller roads being quite large

the

1HE

412
& Montgomery

Savannah Americas

UHROJV1CI.E.

has almost 100 per

Qyo88 Earnings.
1

1891.

1890.

EARNISG3 OP 80UTHBKS OROnP.
February.

I

Char.

137,879

MohUe&Obio
Norfolk tWestt..
Kloh. Ik Danr. s^st.
Booth Oarollna...
Total

1889.

18C0.

1881.

Oiesapeske jt Ohio
622.670
Cbe«. Ohio & 8o.W.
185,937
01n.N.O.*Tei.P.'
671.262
B.Tenn.Va. JtOa.
663,562
IjODlsTille & Nash. 1,510,466
liOnlsT. N.0.& Tei.
291,391

Memphis &

281,496
591,326
1,111,326

179,000

6,U9,196

t
426.000
183,910
150,200;
695,980
672,068
571.673'
485,083
1,496,846; 1,846,528
216,861
265,910
146,306
162.516
247,300
277,069
546.889
508,577
1,068,400
908,897
149.161
126,316

t

225.660

t
335,260
124,803
523,082
396,283
1,170,453
179,230

144.ei8|

125,875;

215.992;

460,338
867,171
135,552

200,198
411,691
734,677
114,699

4,895,916

4,316,941

381.919
155.762

577,066

6,874,608

5,216,219

1866

1887.

1888.

586,996
462,614
1,280,396

.

Ala Gt. Southern.
N.Orl.A Northeast.

t
113,630
410,993
841,383
1,019,266

139,210

108.231
167,139

313,873
733,306
120,054

i

3,833,329

& Vickshiirg.

Ala.

.

Vicks.Shre v.&Pao.
Cln. Northwestern...
Cln. Wab. & Mich....
Glev. Akron &Col....
Clev. Cin. Ch. & St. L.

Peoria & East. Div.
Cleveland & Marietta

Midland
Hock. Val. & Tol.

Color.ado
Col.

& Macon..
Denv. ife Rio Grande.
Des Moines & North.
Des M. & N'western..
Det. Bay City & Alp.
Det. Lansing & Nor
Dul. So. Shore &Atl..
East Ijouisiana
Coviufjton

.

E. Tcnn.Va. & Ga...
but Evans.
& Indianap.
Evansv.
& T. Haute.
this does not apply to the shipments overland, which
Flint & Pere Marq
Florida
Cent. & Pen..
amounted to only 130,548 bales in February, 1891,
Fort Worth & Rio G..
against 159,037 bales in February, 1890.
The receipts Ga. South. & Florida.

cotton

movement was heavier than

last year,

.

Qr.Rapids

Southern ports, however, reached 477,981 bales,
against 345,141 bales, the most decided gains as a rule
being on the Atlantic Coast.
at the

Indiana.

161,7.o3

Cln. Rich. & Ft. W..
Otiier lines
Gr. Trunk of Canada.
Chic. .feGr. Trunk..

29,595
17,620
1,304,071
280,034
78.703
534,288
40,582
81,022
2,800
12,500
33,231
144,679
2,628
82,144
19,626
23,535
338.147
92,944
28,653

Febntary.

Since

January

1891.

62.055
4.336

bales.

KlPaso.ic

New

Orleans

151,261

MobUe

22.882

Florida

729

Savannah

82,649

Brunswick, &c
Oharleston
Port Koyal,'*c

11,362

88,453

62

Wilmington
Washington, Ac
Morfolk.
West Point,

8,475
267
46,783

ftc

1891.

1890.

1889.

43,723
7,044
136,849
12,041
1,933
61.049
11,652
8,989
34
4,669

140,572

119,016

110,309

83

58,672

Total..

477,981

11,957

15,053

458,852

389,704

13,809
882,326

62,695
2,429

40,017

Sl.OOO

9,660

5,722

181,016

134,886

127,938

48,826
69.749
3,042
17.559
1.515
91.406
112,172

31,317

44,778'
27,556|

30,134

16,378

404

29.492

1,266
140,090

Vl,8-30i

36,733

129.900

85,016:

346,14l'

415.007

1,279,165

1,011

968,376 1,058,872

As already indicated, Southwestern roads show losses
in quite a number of cases.
Still, there are exceptions
to the rule, as for instance the
St. Louis Arkansas

Texas, the Kansas City Fort Scott

Eastern of Minn...

Montana

Central..

Gulf (ScChlcaRO
Ind. Dec.

1890.

85,780
15»

No.-S.&P.M.&M.

Humeston & Shen
1.

PotU.
Qalveston

&,

Det.Gr. Hav. &M11.
Gt,

BECEIPT8 OP COTTON AT SOUTHERN PORTS IN FEBRUARY, AND FROM
JANUARY 1 TO MARCH 1, 1891, 1890 AND 1889.

& Memphis,

&

the

Rock & Memphis, and the Colorado roads—
the Denver & Rio Grande, the
Colorado
Midland and the Rio Grande Western.
Little

namely,

. .

&

West'n..
Iowa Central
Iron Railway
Jack'ville Southeast.

Kanawha & Mich.
Kan.
Kan.
Kan.

.

.

&
&
&

C. Clin.
Spr. ..
C. Ft. 8.
Mem.
C. Mem.
Bir.

Keokuk * Western
Lake Erie All. & So...
Lake Erie & Western.
LeliiKh & Hud. River.
. .

Little Rockifc Mem..
Lon(? Island
Louisv. Evans. & 8t.L
Louisv. & Nashville.

Louis.N.Alb.&Chic.
Lou. N. Orl. & Texas.
Louisv. St. L, & Tex.
Lynchb. & Durham ..

Momph. & Char'ston

Mexican Central
Mexican National
Mexican Railway....
Milw. L. Shore &W...
Mllw. & Northern.
Mineral Ran^ce
Minn. & St. Louis
.

.

Minn.St.P.&S.SteM.
Mo. Kans. & Texas...
Kansas City & Pac.
Mobile & Birming
Mobile* Ohio
Monterey & Mex.Gult
. .

New Orleans &

EABNINOg OP SnUTHWESTBRN GROUP.

N. Y. Cent.

Gulf.

& Hud. Riv

N. Y. & Northern
N. Y. Out. & West....
Norfolk & Western.
Nortliern Pacific

Fehnwru.

.

Denrer A Rio Qr

Ohlo&

.

Rio Grande West..
Bt. L. Ark. ft Texas
Bt. L. ft San Vthd

.

fMai 4 Padflc.
Total

§uin.

GBOSe EARNIKG8 AND MILEAGE IN
FEBHUAKY.

amt
Name

Eamingg.

Mileage.

of Road.
1891.

Atoh. Top.

Mississippi...

Ohio & Northwestern
Colum. & MaysvlUe
Ohio River
Ohio Southern
Ohio Valley of Ken
Peo. Dec. & Evansv..
Pitts. Marlon & Chic.
Pittsb. & Western

K. C. Ft. 8. A Mem
Mo. Kan. A Texas

1890.

tnereate _.
Decrease.

A 8. Pe

2,072,413
100,136
464,219
97,740
9,362
Atlant« A- West Point
40,846
Bait. * Olilo Southw
170,120
Buff. Roch. & Pitts..
174,191
Burl. Ccd. Rnp.dc No
265,851
Cana<Uan Paclflc
"'
1,338,000
C. Fear & Yad. Val
54,987
•Central of Oeonria
524,591
Central Vermon(
206,630
New I/ondon No .
41,331
Oftdeiis.A L.Cliam.
38.810
raattanooKa Union..!
7,600
E'dsJ'ntly own'd. >«
Bt. L. & San FTan.
R'dsJ'tlyown'n.is
Atlanta i Florida

& Ohio
^e«.O.A8o.Wcsfu
^c.4Ea«t. Illlnoia.l
Cbeaaueako

I

Ohio. Mllw. <t St. P
Chic. R. lel. & Pac'"'

^Ic. StP.AKan.C.I
Ohlc. A West Mich.
'

Oln.QeorK, APorta...i

622..'>70

1S5.9.37

272.608
1,878,991
1,022,872
284,728

2,055,225
125,118
475,573
122,493
9,881
44,611
180,539
144.511
271,994
946,257
44,538
531,878
209,046
44,317
40,692
7,557
577,066
150,200
219,814
1,793.146
1,151,917

11.5,606

309,409
100,137

3.605

3,937

+ 17,188

1891.

1890.

Ashe. & Spar. Div..
Rio Grande Western.

6,528

Sag. Tuscola & Huron
St. Jos. &Gr. Island..
St. L.Alt. &T.H.Br8.
St. L. Ark. & Texas..

6,527

—24,982
587
582
—11,354 1,329 1,329
—24,753
536
526
-519
105
105
-3,765
87
87
—10,419
281
281
+ 29,6801
304
304
-6,143 1,046 1,046
+391,743 5,568 5,407
+ 10,449
338
296
—7,287 1,312; 1,276
—2,416
504
504
—2,986
100
100
—1,882
118;
118
i

+ 43

+ 45,504
+35,737

+ 52,794
+85,845
—132,045
—24,691

+ 15,469
—332

Omaha ifeK.C..

ichmond & Danville
Virginia Mid. Dlv..
Char. Col. & A.Dlv.
Col. & Greeuv. Dlv.
West. No. Car. Dlv
Georgia Pac. Div.
Wash. Ohio &W.D1V

$

43;

931
398

(

43
931
398

4361
43B
5,703 5,678
3,355 3,257

863

478!

42

863
401
42

61,588
331,702
148,199
89,704
50,636
51,011
2,116
43,500
63,907
986,217
116,635
20.261
141,906
180,574
12,084
534.000
7,223
14,382
43,000
78,059
105,572
6.600
563,562
22,407
84.007
224,586
127,393
15,660
65,087

Paul&Duluth....
San Fran. & No. Pac.
Sav. Amer. & Mont..
St.

Seattle L. 8h.

& East.

South Carolina
Tennessee Midland..

Texas

& Pacific

Tex. Sab. V. & North.
A. Arb. & N. Mich

Tol.
Tol.
Tol.
Tol.
Tol.

& Cinn
Ohio Central.

Col.

&

Peo.
St. L.

Wabash

& West

& K.

City

.

(consol. sys.)

Western of Alabama.
West. N.Y.& Penn. ..

Wheel. & Lake Erie..
Wisconsin Central. ..

4,311

235,152
29,879
54,306
213,113
116,639
1.510,4.55

189,331
291,394
28,052
13,000
137.879
520,112
333,561
346,798
209,580
116,438
7,990
109.328
137.280
587,373
23,590
22,121
284,495
74.698

Decrease.

1891.

189C

344
33e

3*

S

$

Cin. Jack. & Mack.
Gin. N. Orl.&Tex. P.

IT .308,211

* Entire srstem.
t Includes Scioto Valley & New England and Shenandoah
Valley for all the years. If Richmond & AileKhany estimated.

The

Mileage.

Name of Road.

cent gain.

LI.

[Vol.

40,84a

+ 20,745

327,696
150,073
93,107

-1,874

i-4,006

—3

295
196

40c

50.116
51,061

+516
—5c

1,10S

+ 1,006

37,957
59,036
939,205
116,856
16,669
137,342
164,143

+5,54J

+ 4,86£

,

1

1

'

+ 47,012

—2211
+3,595

143
17C

;

33
29
19
14
17

6

165
194
1,714
353

f

16
19
1,71

13,04C

956

327
107

514,630
5,750
17.367
51,331
76,727
110,780
6,466
571,573

+ 19.3701
+ 1.47E

35
10
28
32
10

1.575

1,49

6,942
74,494

+ 5,465

1

251,495
103,285

+4,56t

+ 16.431

35C
'

-2,985
-8,331

+ 1,332
-5,206

+ 134
—8,011
+9,513

— 26,90£

105

]

42
115
232
323
571
62

4
11

23
32
56
6

1

1,358

1,13

i

150
156

15
15

625
.574

62
57

8,231

+ 7,436

48,439
190,720
34,383

+ 16,6491

iia
338

4
21

—28,967

408

40

-4.786
+3,08g
—62,531
+ 676

86

8
7
3,48

14,.531

1,366,602
279,35fl

75,075
445,014
24,075
57.445
4,272
11,914
29,574
135,351
3,081
48,026
18,730
34,358
338,018
101,207
28,080
4,587
219,704
24,200
52,188
182,832
82,926
1,496,846
165,020

12,261
2,732,996
32.743
196,279
591,326

255,910
26,195
4,600
145,305
567,456
303,816
292,520
218,311
101,005
6.862
93,172
148,626
596,891
19,540
20,731
247.300
29,700
11,520
2,703,853
40,279
145,037
545,689

1,501 ,029

1,282,908

306,893
13,516
814
27,384
44,263
22,239
70,484
3.134
147,077
19,670
511,200
169,700
88,700
93,400
73,800
154,300
8,650
11,575
148.550
6,785
54,720
107,221
331,931
95,107
41,774
41,000
26,080
179,000
13,310
501,113
3,191
70,054
25,320
92,799
74,329
117,051
944,631
51,029
244,100
87,195
313,829

303,369
1.5,423

600
42,951
37,958
15,926
52,932
2,804
153,860
17.709
480,800
158,000
87,500
95,800
71,250
131,700
7,950
10,400
91,475
5.094
105,186
89,005
297,472
77,354,

36,565
21,123
22,821
149,161
16,301
544.426
3,677
91,393
22,331
88,903
77,916
122,280
986,840
50.943
251,872
81,895
320,051

+ 24,106

+ 3,626
+ 89,274
+ 16,507
+23,577
—1.472
+ 586

+ 3,657

i

72
3,487

335
188
3,010

71
178

62
95
152

+0,326

508

—453
+ 34,Us

20
415
142
163

+ 896
—10,771
+ 12(1
-8,263

33
18
3,00
7
17

6
9
15
50
2

31
14.

+573

148

16
67
27
14

+ 5,446

61
722

72

+ 5,67E

90

9

H-2,118

-276

671

275

6

+ 33,713
+ 13, 60S)

135
361
386

13
36
32

2,344

2,19

+ 24,311
+ 35,484
+ 1,657
+ 8,400

537
792
121
115
330

+30,281

—7,420
—47,344 1,527
+29,745 1,218
293
+ 54.278
—8,731
699
362
+ 15,433

+ 1,128

+16,156
—11,346
—9,518
+4,050

+ 1,387

17
363
805

12
6
33'

1,52'
l,21i
29;

69{
3(>:

1'
3(i:

80J

1,661 1.651
131
13:
150'
16C

+741

687
298
65

+ 29,143

1,465

+37,195
+44.998

53'

79

68'

IOC
G1,421

(il
61
—7,536
371
425
+51,242
97"
+45,637 1,077
+218,121 4,237 3,651
623
623
+3.524
—1,907
106
106
li
19
+ 214
209
201
-15,567
126
128
+6.305
106
108
+ «,313
254
254
+ 17,552
2?
25
+ 330
367
—6,783
367
13^
134
+ 1,961

+ 30,400
+ 11.700

1,112

1,075

+ 18,216

355
393
298
296
566
50
70
386
67
447
242

447
242

+34,459

1,227

1,237

+ 17,753
+ 5,209
+ 19,877
+ 3,259

247
160
190

+29,839
-2,991
—43.313

313
135

247
160
175
90
247
135

+ 1,200
—2,400
+ 2,550
+2,600

+700

+ 1,175
1-57.075

+ 1,691
—50,466

—186
—21,339
+2,989

+ 3,896

124
1,497

38
286
72
235

247
—3,587
451
-5,229
—42,209 1,921
132
+ 86
678
—7,772
337
+5,300
867
—6,225

3S5
39J
29£

292
518
50
70
36C

67

1,487
38

38S
43

235
247
451
1.921

132
678
187
828

I.

Total (115 roads).
*

.

33,484,363 32,154,992 +1,329.374 ^9.">71Sii,569

Three weeks only of Fehr.ia-y

in

each year.

Mabch

THE CHRONICLK

14, 18911

QBOaS KARNIMQ8 FBOU JANUABT
Kame

of Road.
San. Fe....

4,279,681

Bon4lBjiilntly owii'il, >a
St. I,(iuU \- 8iin Fran.
Roailn Jcitntly own'cl.'s

223,682
944.977
218,826
21.078
93,S58
350,126
36R,013

Atliuita>b Kluridtt
Atlanta .t West Point...
Bult. <lc Ohio 8outUwest.
Buff. Koch.

A

Plttaburit.

Burl. Ced. Rap. & Nor..
CaiuuUuu I'aclao

Cape Fear

Yad. Val

Si

.

'Central ot Qeorttla
Central Vermont (3 r'ds)
CbattanooKn Uuliin

Cheeapeuko & Ohio
Clie»ap. OUlo & Southw.
Clilcftgo <fe East. Ill
Chic. Slilw.
St. Paul..

Chio.

&
A Pao...
& Kau. City.

Rock

lal.

Clilc. St. P.

Chio. & West Michigan.
Oin. Oeorf;. & Ports
Ctu. Jaokson •& Maok...
Oln. N.O. & Texas Pa«..
Ala. Ureat Soutliern..
N. O. & NorthoMtern.

Alabama & Vlcksburg.
Vloksb. aiirev. cfe Pao..
Clnn. Northwestern
Cin.Wabash & Mlehlgau

Cleve. Akron & Col
aev. Cln. Clik'. &8t. L..

Feoria Eastern
Cleveland & Marietta.
Colorado Midland
Col. Hook. Val. & Toledo
<(i

.

Oovlnitton

& Macon

Denv. <t Rio Grande
Des Moines & North'u..
Des Moiue.H & Northwest
Dot. Bay City & Alpena.

&

t)et. Lan.'tluK

i

Nurth'n.

Duluth 8o. 8h. & Atl....
East Louisiana
EastTenu. Va. &Ga....
fvausv. & Indianapolis.
Evausv. & Terre Il.iuto.
Flint & Pere Marquette.
Florida Cent. & Peuin..
Fort Worth* Bio Or..
Ga. Southern <t Kla
Gr. Rapids & Indiana.
Clu.Rlch.& Ft. Wayne.
.

Other

lines

Gr. Trunk of Canada...
Chic. &Gr. Trunk
Det. Gr. II. &Milw....
Great Nor. St. P. M.& M.
Eastern of

M

Montana Central

Gulf & Chicago
flumeston & Shenand'h.
nd. Decatur* West

{

I

Michigan

St.

Kan. City Clin. & Spr.
Kansas C. Ft. S.& Mem.
Kan. City Mem. & Bir.
Keokuk & Western
L. Erie Alliance

&

.

So. .
Lake Erie * Western...]
Lehii^b & Hudson River;
Little Rock & Memphis,
Long Island
.

1

i

:

Louis V. Evansv.

& St. L.!

Louisville & Nashville.
Louis v. N; Alb. & Chic.
Loulsv. N, Orl. St. Texas.
I/)uUviIle St. I-. St. Texas!
liyncbburKife Durham..
Memphis tfc Charleston.
.

Mexican Central
Mexican National
Mexican Railway
Mllw. Lake 8h. & West.
Milwaukee & Northern.
Mineral Range

Minneapolis & St. Louis
Minn. 8t. P. & 8. 8te. M.
Missonri Kan. & Tex.
. .

Kansas City

&

Pacific

Mobile <fc nirmlnsrham
Mobile &Obio

Monterey

St

Mex. Gulf.

New Orleans & Gulf
N. Y. Cent. St Hud. RIv.
Kow York St Northern.
N.Y. Ontario & West'u
Norfolk St Western
Northern raclllc...
Oblodc Mlssls.slppl
Ohio St Northwestern...
Columbus St MaysvlUe
Ohio River
Ohio Southern
Ohio Val. of Kentucky
Peoria Dec. St Evansv.
PIttsb. Marion St cnilc
Pitlsbiirc & Western
Quincy Omaha A K. C.
.

.

Richmond A Danville.

Vlrgiuia Midland Ulv
Char. Col.A AuK. Div.
& Green v. Div..
West. No Caro. Div
Georcta Pacific Div.
Col.

Wash. Ohio

St

W. Div

Ashev. St 8i>ar. Div ..
Rio Grande Western
8a*,-. ru.9( Ola & Huron..

A

St. .los.
(ir. Island....
St. L. Alt. St T.H. HrVhs
at. 1.. .\rka- sas St Texas

.517.585

2,703,221
108.091
1,336,755

660,428
16.242
1,277.233
392,785
568,835
3,825,187
2,120,359
564,682
224,917
8,106
117,355
685,251
307,864
193,382
109,805
110.895
3.687
89,188
133,907
2,063.274
243,530
48.199
310,SI2
385,617
25,296
1,179,500
15,412
26,809
89,922
164,709
229,678
17,100
1,233.774
48,072
170,695
478.551
261,165
33,032
133,205
322.420
63,223
38.131
2,968,093
641,048
177,080
1,189,150
81,224
179,220
6,158

iovra Central
Iron Railway
Jacksonville Southeast

Xauawba

TO FEBBUABT

1890.

36.

Jfams of RoMd.

InertoM. Dterttu*.

$

A

Atoh. Top.

1891.

1

26,000
73,446
272,020
5,949
155,920
44,245
49,595
705.271
199,299
58,794
9,912
476,193
60,499
128,303
450,091
228,530
3,100,970
380,234
661,183
60,490
24,000
294,683
1,091,168
679,162
749.927
416,898
245,039
17,590
219.028
287,954
1,237,164
49,009
48.749
606,188
148,103
30,276
5,740,848
66,068
408,079
1,286,076
3,253,168

635,106
30,094
1.474
77,916i
96,083i
46,958'

146,376
6.766
300.308
42.150
1,031,550
3-l.">,000

178,500
182,350
157.150
336.550
18,250
23,275
346.523
13,217
116,418
220,497
67ti,233

4,228,490
231,015
924,347
225,298
21,032
95,206
369,060
262,277
488,5261
1,980,379

84,300
1,400,845
673,747
15,818
1,195,983
329,198
447,101
3,587,557
2,311,393
644,105
198,397
7,701
83,842
686,887

327,426
197,826
118.436
117,576
3.227
76,775
119,974
1,9,'.7,197

01,191

.15,878

1,227,266
37,061
149,355

479,606
224,242
18,249
100,342
347.638
64,735
28,510

1,203,309
2,460,308
623,137
31,046
1,208
91,636
82.926
32.363
110,88
5,316

316.123
35,735
1,007,100

318,800
172,300
184,668
149,894
346,575
16,698
21,132
208,300
10.975

228.359
186,445
662,185

at. Paul A Duluth
San Fran. <k No. Paclflo.
Savan. Amer. & Mont.

"i',708

13,934

Tol. A. A. <fcNo. MIoh...

"6,472

ii
103,336
29,059
722,842
23.791

Seattle L. B.

424
81,250
63,587
121.734
237,630

186,807
91,234
82,347
07,120
856,747
30,739
1,115,202
6,344
146,310
48,381
197,961
143.987
237,582
1,939.483
112,560
634,675
177,725
683,549

.

Toledo Columb. A CIn..
Toledo* Ohio Central..
Toledo Pooria* Wcst'n.

L.* Kan.

Tol. St.

69,090
13,319

Wabash

City..
(oonsol. system)

Western of Alabama
Western N. Y. St Penn..
Wheeling * Lake Erie
Wisconsin Central
.

26,520

Het Increase
*

1890.

/iMTtOM.

S

•

164,597
72,035
43,570
46,036
291,440
32,496
1,204.348
7,310
172,287
43,400
184,703
140,620
241,122
2,108,749
110,840
008,144
164,629
645,633

Total (145 roads)....! 70,637,003

101,034
70,423

Deertate,

21,210
19,199
88,777
11.080
60,303
1,707
89,146

966
28,977
4.081
18,248

0,633

8,54»
169.269.

1,720
26,081
13,096
39,916

67,051,6471 4,775,116 1,199,760
3,570,356
|

I

Three weeks only of February In each year.

405
33,513
1,136
19,5<i2

IMPORTS AND EXPORTS FOR JANUARY.

4,444
8,631
6,681

The Bureau of Statistics has issued its detailed statement of
commerce of the country for the month of
January, 1891 and 1890, and for the seven and twelve months
ending January 31, 1891 and 1890, as follows

2,833

IMPORTS AND BXPORT8 BY PKINCIPAL CUSTOMS DISTRICTS.

460
12.413
13.933
106,077

the foreign

:

12,321
40,147
57,427

OUSTOMS Dlg1,073

69,570
4,389

TBI0T8 AKD
HOHTS.

January,

1881.

Imports.

BZPOBTg.

12 month* enjUng

12 month» eruHn^

January
Import!.

8.316

ExporU.

1891.

1,370

902
6,508
11,011
21.340

S«ltlmore,Md
Boat. A Char6,683.507
88.650
117,483
8,512,231

Champl'n.N.y
Chariest 'D,S.C

1,055

46,276
6,519
12.157
234,835
13,491
47,287
1,386

14,665.2<I2

1.829.952

1370,489

2,310.888
434.022
8.628.192
1.337.739

Cincinnati. O.*
Detroit, Mich.

251.481

8.6Vo',7a7
4,«87Vs»i
22,591
1.131,937
1,256.218
23b.9yu 27,98l.aa2 21,764.240
4H7.H31
10.283
36,4£0
790,105
1.086.21i)
816.728
87.314
2.817,B1S
2.996.307
7.561.804 89.969.181 75.781,156
289,008.173 206.328.312 206.237.642
2.383. U8
35.967
69.560
B5.520 12.734,968 10.225.ua0
I8J.894
618.718
1,251.236
910.592
1,170,995
1.563.720
3.00.S,001
1.117.893
945.884
28,508,483 19,0J3.5«5 19.619.008
216,474
1,143,486
l,69i,428

Mlnn's'a.Minn
Mobile, Ala
New Orl'ns.La

New York.N.Y
Niagara. N. v..
Norf'k,&c..Va.
OreKOn. Oreg..

Phlladera, Pa.
Portld.&c.Me.

2,806.930
72S,IISS

St. Loul«..Mo.

1.778.306;

San Diego.Cal.

266.519

San Fran., Cal.

146

Wlllaniette,Or
Wllml'g'n. N.C

9,813
42,773
25,073
1.611

277,963

m'.Vii

28.333.4S9i 22.137.855 22.697,134
352,»9I 25,6S«.2lD 25.2-(0,774
4.109.530
l,724.97i|
1444.687
484.807
2,3)0.770
1.900.151

Savannah, tia.
Vermont. Vt.

56,434
3,132

1.317.89^

1,921, «8:J

Oswega'le,N.T
Oswego, N.Y.

2,361
11,529
14,901

40,494,,474

42.485.730
816.660
1.196.429
11,424 JS71

201

MlJwkee.Wia.

4,621

38.236,732
48,571.471

.S.821

Duluth. Minn.
Oalvest'n.Tex

25,218
1,510

7,478J88
82,955,901
-"

10.143.!)t2

lesl'wn.MasB
BulTaloCli.N.Y
Chlcatio.ili

36,923
14,783
32,863

104.479

7,050.476

6.009.5S8

Total),

(tnciudlDff all

oth'r DlBts.) 82,278J!22 ^^,522.367 47>.561.270 411,405.789 5«7.6'J«.824 540.684.188

HEROHAnOMlI.

670
13,488
13,055
16.008
63.664
70,081

For

the

month of
January

3-2,797

For the 7
For the 12
Uonthtendtd Xonth* ended
Jan. 31.

Jan. 31.

1891.— Ezporta— Domes tie

$81,468,042 $541,0 '1,815 $953,279,711
11,.'>21,664
1,054,315
6,513,009
Foreign
$8i,5i2,357 .$547,606,-24 $864,801,375
Total
Imports
62,276,222 474,531,270 822,455,890
Excess of exports over Imports $20,246,135 $73,055,554 $42,345,485
Excess of imports over exports

49.864
46.976
5,544
14,600
23.136
29,928

43,249
66,113

1890. —Exports— Domestic

$74,176,042 $033,105,932 $815,811,615
13,026,371
7,528,201
1,035,596
$76,2li;638 $540,634, 133, $828,837,986
Total
411,405/789
765,395,012
Imports
63,222,932
Excess of exports over imports $11,988,706 $99,228,344 $68,442,974
Bioess of Imports over exports

22,315

Foreign

41,123
2,477
21,071
66,369
'i 0,659

7.404
4,245
67,249
94,703
4,070
113,589

1

OOLO AND SILVER—OOIN AMD BULLION.
ISei. -Kxport»-Oold— Dom.
Foreign
Total
Silver— Dom...
Foreign
Total
Total exports

14,837

792,860
11,969

958
266
13,720
13,157
14,595
33,495
1,450

15.810
6,415
24,450
26,200
S,940

'

$20,685,064
a,645,755
$24,331,319
$14,833,883
9,93 6.604
$24,770,486
$49,101,805
$20,582,116
22,21 4,128
$42,796,244
$6,305,561

1890.— Export*— Qold— Dom.

$44,503,970
6,643.379
$60,197,349
$37,383,265
13,504,779
$40,838,044

Foreign
Total
Silver— Dom.
Foreign

2,318

7,256
10,036
1,552
2,143
138,223
2,242

Total:

Total exports

Imports— Gold
SUver
111,941

$471,605
257,641

$16,003,266
628,198
$16,631,464
$9,038,815
5,272,709
$1,618,464 $14,311,524
$2,347,710 $30,942,988
Imports— Qold
$1,397,918 $16,338,166
12,941,240
1,318,6 53
SUver
Total
$2,716,071 $29,279,406
Bxoees of exports over Imports
$1,663,582
Excess ot Imports over exports
$368,861
'.

123,811
82,767

16,048

1880.

t

10,171

'34,052

Janunry 31.

31.

1881.

899

3,014,369

634,529
164,923
954,315
65,733
131,933
7,544
23,636
61,917
257,119
6.095
99,486
41,113
59,408
748,044
224,372
60,405
9,212
462,705
47,444
112,295
386,427
158,449
3,068,173
330,370
617,207
54,946
9,400
317,819
1,121,096
635,913
683,814
439,213
203,916
15,113
197,957
334,323
1,226.505
41,605
44,504
538,937
53,400
26,206
*,627,259
80,905
284,268

1891.

A Bantern
South Carolina
Tenneaaee Midland
Texaadk Paclflo
Tex. Sabine Val. it N.W.

7,333

20,630

246,363

270,665
328,190
26,369
1,109,930
11,023
35,125
90,821
154,538
231,048
16,198

418

Total

Bxoeas of exports over Imports
Excess of Imports overexports

$8,721,334
853,30^
$9,574,636
9460,969
$2,242,952 $16,583,490
7,816,317
914,333
$3,147,285 $24,S»9,8U7
$3,608,254 $33,974,443
8,696,392
$1,066,837
fl,6i>6.338
1,404.828
$2,461,665 $20,391,730
$1,146,689 $13,682,713

$440,969

20,000:

$91,03.^,303

$13,413,463
19.060,673
$31,473,135
$89,563,398

THE CHRONICLE.

414

ports of

TOTAL MBBCHAUDI8K AMD OOIN ASD BULLION.

heavy

paper, which,

For the
month of
January.

Fort?ie7

For the 12

Motitha ended ifoni?u> ended
Jan. 31.
Jan. 31.

$888,799,157
1891.— Export*— DomesUo ... $82,91«,424 $566,133,896
25,104,023
12,415,916
1,951.643
$84,870,O«7 $578,549,812 $913,903,180
61,992,793 503,830,676 865,252,134
Imports
Exoees of exporta over Imports $19,877,271 $74,719,136 $48,651,046
Excess ol Imports over exports

Foreign

Total

$76,859,963 $558,410,756 $887,698,850
32,174,529
16,197,820
1,959.929
Foreign
*7«,8 19,892 $574,603,576 $919,873,379
Total
796,86-1,147
461,797,519
65,684,.^97
Imports
Excess of exports over Imports *13,135,295 $112,811,057 $123,005,232
EitopBunf Itnporta over exportn

1890.— Exports— Domestic

'

[Vol. Llllosses

it

was

through the fall in silver and in rupee
Were aggravated by irregularities

said,

that might lead to legal proceedings. One of the great finanhouses was seriously embarrassed; but it has obtained
temporary assistance and efforts are being made to take over
the depreciated and unsalable stock it holds, and so place it
cial

in a position of safety.

One

of the plans

under consideration

the establishment of a great trust for South American securities.
It is impossible to say yet whether the plan can be
carried through, but probably it will be found necessary to
relieve the particular house and some others, and the great
is

bankers that combined in November will doubtless give
assistance.

In spite of the revival of apprehension, there has not been
speculative selling, and the bona fide holders of Argentine and other South American securities have not been
frightened out of their securities. Yet nearly all markets are
lower than they were a week ago, almost the only exception
being Argentine and Brazilian. The former have risen because
Lord Rothschild received a telegram on Wednesday from the
Argentine Finance Minister giving assurances that the Gov"
emment would carry through the funding plan, and adding
that it would deal fairly with the Buenos Ayres Water Works
Company. Brazilian stocks have been advanced because the
new constitution has been definitively voted, and Marshal
Fonseca has been regularly chosen President. But there has
been no real business doing. In other foreign stocks there has
been a somewhat sharp decline, owing to the unpleasant im-

much

[From our own correspondent.)

London, Saturday, February 28, 1891.
There has been a further advance in rates this week, the
rate of discount in the open market rising to 2J^ per cent
while short loans have ranged from 2^ to 3>^ per cent. The
supply of money in the outside market has not been equal to
the demand, and the Bank of England in consequence has done
a large business. In the first place, the advance is due to a revival of alarmist rumors respecting the houses most deeply
interested in the Argentine Republic. Secondly, it is caused
by large revenue payments during the week ending Wednesday night, for example, the Government deposits at the Bank pression made in Paris by the Empress Frederick's visit to
Of England increased nearly a million and a-half sterling. In Versailles and St. Cloud. The utterances of the newspapers
the third place, it is traceable to a report that the Russian Gov- have called forth indignant comment in Germany. This
ernment was about to withdraw a million and a-half sterling alarmed operators in Paris, and heavy selling took place, leadin gold, which it advanced to the Bank of England last Novem. ing to a fall in almost all inter-Bourse securities. British railber. The report is not quite accurate. The Russian Government way stocks have given way because of the revival of alarm
purchased treasury bills for the gold, and the Bank of England and the weakness of the foreign market, and also because of
therefore has to make no re-payment. Of course, when the the unsatisfactory relations between capital and labor. At the
treasury bills fall due, the Russian Government has it in its fortnightly settlement, which began on Tuesday morning,
power to take the gold; but for the present it does not intend to Stock Exchange borrowers were charged about d^ per cent,
do so. Yesterday Messrs. Rothschild did withdraw £400,000 in but the demand was very small, and the carrying-overrates
gold but, as Messrs. Rothschild sent into the Bank exactly the within the Stock Exchange ranged only from 3}4 to 4>^ per
same amount, received from Brazil, the one transaction coun- cent; in very many cases borrowers could not obtain more,
terbalanced the other. On Monday it is understood that Messrs. that is to say, than they paid to the bankers. In the AmeriRothschild will withdraw £300,000, also for Russia. For the crn market rates were about 4 per cent, business being enpresent the Russian Government intends to take no more, but tirely stagnant. The general evidence afforded by the settleit has very large balances with Messrs. Rothschild just now ment is that there is no increase in the speculation for the
and possibly by and by it may withdraw further sums. The rise, while the specvdators for the fall have been taking advanreturn of coin from the internal circulation still goes on and tage of the lower prices to buy back.
will continue for about a fortnight. The whole stock of gold
The dispute in the shipping trade still continues. The Fedheld by the Bank is under 23}4 millions. The Russian with- eration of Trades Unions has withdrawn a manifesto issued
drawals next Monday will reduce it to about 23 millions ster- by it in December which was regarded as an aggression by
ling towards the end of April coin will begin to go out again, the Shipping Federation, and the threatened strike of steveand it looks just now as if the stock would be inadequate in dores has been coimtermanded. The Shipping Federation,
May. Still the probability is that rates wUl begin to decline however, has not met these overtures in a spirit that seems to
about the middle of March, when the payments out of the promise an early settlement.
Treasury will become very large, and that the market will
Messrs. Martin, the bankers of Messrs. Baring Bros., have
remain easy throughout April unless, of course, there are this week announced that they have converted their business
large gold withdrawals, or the money market is disturbed
by into a limited-liabUity company, the old partners and a few of
serious failures.
their friends taking all the shares, which consequently will
The price of silver fell at the beginning of the week to not be offered to the public. The paid-up capital is to be half
44J^d. per ounce, in consequence of the decline in New York, a million sterling and there is to be an uncalled capital held
but it afterwards recovered to 44J^d., falling again, however, in reserve of the same amount. Rapidly all the private banks
to 44i^d. per ounce. The bullion brokers for about a
year have are thus converting themselves into limited companies, it benot fixed the price until they received the opening
quotations ing felt everywhere that only by publication of accounts can
from New York, but this week they have decided to revert
to the confidence of the public be retained.
the old plan of fixing their prices independently.
Apparently
On Thursday there was a meeting of representatives of the
the break-down of the speculation in New York
makes brokers leading joint-stock banks at the office of the London &
believe here that the control of the American
operators is at Westminster to consider the proposal of the Chancellor of the
an end for the time being. Owing to the faU in the
price the Exchequer respecting the keeping of larger reserves and the
Indian demand has increased. ThU is the most
active export publication of accounts. No decision was arrived at, and the
season in India, and usually the Indian money
market becomes meeting adjourned. It was generally agreed, however, that
very stringent; this year it has been unusually easy.
On Thurs- more frequent publication of accounts is necessary. The
day, indeed, the Bombay Bank and the Bengal
Bank raised more general opinion was that quarterly publication would
their rates from 3 per cent to 4 per cent;
but generaUy at this meet all the demands of the public. That, however, is quite
time the rates are very much higher. There
has also been a mistake. The publication will have to be made much more
some demand for silver for Russia this week.
frequently, and it is understood that the Chancellor of the
On Monday and Tuesday the city was ver^ much
disturbed Exchequer insists upon weekly publications. Respecting the
by rumors of impending difficulties. It was said
that one of keeping of larger reserves, there was a good deal of difference
the greatest of the houses interested in
Argentine finance had of opinion. Our law does not require any bank to keep a
to make large payments and was unable
to raise the necessary reserve, and the
Chancellor of the Exchequer feels that it
funds, and it was feared that this might
gravely affect other would be difficult to induce Parliament to impose the obligahouses connected with South America.
There were also re- tion upon the joiQt-stock and private banks at present. He
;

;

;

il

March

:rHE CHRONKJLR

14,1891.]

41$
=fc^

the banks were compelled to publish
returns every week, public opinion would force them before
very long to increase their reserves largely. No doubt the
joint-stock bi\pks arc of the samo opinion, and as they are

hopes, hovrcver, that

if

unwilling largely to increase their reserves, they hesitate to
fretjuent publication, although they admit in principle
that frecjuent publication would increase the confidence of the
public and in the long run would benefit themselves.
The visit of the Empress Frederick to Paris, which at first
promised to have a beneficial influence upon the relations between France and Germany, has ended rather unfortunately.
In the beginning the French press was silent respecting the visit,
or very courteous, but during the last two days very many of
the papers wrote strongly against the length of the stay. The

make

Empress's visit to Versailles and St. Cloud seems especially to
have given otTense in Paris. The comments of the French
papers have called forth angry criticism in Germany, and it
DOW looks as if what was at first regarded as the beginning
of an attempt at improved relations between the two coun-

would end in increasing the mutual ill-feeling.
The wheat market continues quiet.
The rates for money have been as follows:

Supplies available for consumption (exolaalve of

September

1800-01,

32a.
price, week
price, aeaeoo.. 32b.

S

Trade BiOl.
Three

1«® -

Jan. 2S
" 80
••

At 7toH

ZM9

1«

2M®3

'

8«®3

1«
1«

2«® - 2«9 -,2«® - tH®S 2H^H
3 @3)«j3 @3^3 ®3^
25<9 -

The Bank

Days.

Call.

3«®S«;2W®SJ4 2»«3H

1H2 i » —

18
to

"

Wl.

Disc't

Joint

Four
Six
Jbur
Six
Stoch
Months Months MOHthM MonthtlMontht Months Banks.
Ihree

rate of discount

chief Continental cities
have been as follows:

and open market

now and

2M-2M

80a.

20«.
31a.

04,761,064
1887-38.

,

8d.
Od.

34.1
24L.

sot.
308.

quantities of wheat, flour

and

maize afloat to the United Kingdom
Wbest

Last teeek.
1,707,500

1890.
1,974.000

1,948,.') 00

Ualzo

870,000
292,000

845.000
637,000

210,000
300,000

This week.
qr».l,654..%00
Flonr, equal to qrs. 373.000

qn. 280,000

1889.

EuKlIah FInaaolal ITIarketa— Per Cable.

The

daily closing quotations for securities, &c., at London,
are reported by cable as follows for the week endiuK March Wj-

Londoru

Sat.

d i4\
per cts. 96 "4

Norfolk & Western, pref.
Northern Pacific, pref.
Pennsylvania
Philadelphia Si Reading.
Union Pacific

Wabash, pref

3ron.

Tues.

45

451m

Wed.

TAttr*.

Frt.

4518
45--.,
45i|a
9611,8 961 1„ 97',
97
96Uia
»7:i„
967g
96'8
97 Is
96«i»
95-35 95 40 95-30 95-2713 95-30
10418
104 ig 104 14
IO4I4
1041a
I23I3 I2312 1231a xl22% 122%
7678
77
777,
77%
78
54I4
5478
S478
54H
65H
94
94
94
94 >a
941a
IIII3 IIII3 llli« 111%
112
74I3
75 '4
73'8
74%
751*
73i«
73
73
73
73ie

963s
Fr'ch rentes iluParlajfr. 95-35
104 's
U. 8. 4"«8 of 1891
I2314
V. 8. 48 of 1907
7758
Canadian Pacific
Chic. Mil. &St. Paul.... 54
Illinois Central
94
Lake Shore
lll»a
Louisville & Nashville.. 7414
Mexican Central 4s
73
N. Y. Central & Hudson. 103>4
N. Y. Lake Erie AWesfn 18»8
'101
do
2d eons
.

IX
1«

Od.
Od.

2')n.

l««7-fl«.

S5,ea4,37»
1888-80.

188000.

The following shows the

!

London

1MA9-80.

30,313,900 S4.04ft.9i:»
7,427,072
0,234,030,
18,2)2..'>03 21, 477,02

61,128,226

3d.
3d.

Con8oU.new, 2 %
do tor account

InttreU allowed
for devonts by

Open Marktt Rates^

1880-90.

09,54S,29a
Total
1800-91.
English wheat, per qr.—

Silver. i)er oz

tries

1)

Cmportsof wheatowt27,87i),272 2B,08O,»08
Import* of Hour
7,330,747
8,286.187
8al»a of home-gi'own 20,335,276 26,181,071

Average
Average

stoolom

102%

54

5414

72^

72%

521a
15>4
44'8

52 14

104

1001a
5458

101)

73%

541a

5459

73%

74

5214
1518
4558

5238
1478
4512
1718

5238
1519
4558

7414
5238

1858

100
545b

1514
447a
17

17

103%
18%

103%

I8I9

100 13

17

104
19

1878

100%

15%
4559
181a

rates at the

for the previous three

weeks

®0mmerclal and 3^tsceXIattC0tts—
Mcvos**

»

Government Revenue and Expenditures.—Through tbv
Feliruary 27.

Bates 0/
Interest at

Bank

Open

Rate. Market
Paris
Barllo

2«
2«
2«

3
3

BambnrK
lYankfort

Amsterdam

. .

Bnuaels
Hadrld

3
3
3

2«
i%

8

February

Bank

_..

3H

St. Peteraborg.

Open

Bate. Market

3
3

8«

Messrs. Pixley

February

Q.

Open

Rate.

Market

a
2

2«

3

2k'

25^

3ii

2«
2«
2X

3«
3«
3«
3X

2«
2H

3«

Bank Open
RaU. Market

2«
2«
1«

3
3

i nom,

4

3
4

1

4

3H
4«

4

4

3

3

3«

1

3«

3M

4

t

& Abell write as follows:

:

Int«-'( Misc'ls

Rev^ue Sources

~i~ ~i
/•*
Aomst

23,958

~~i

:

1891.

1890.

Feb. 25.

Feb. 26.

Circulation

22,615,300

Pnbllcdeposlts

13.027,968

Other deposits

OoTernmeDt

securities
Other securities

Baokrato

19,006

10,899

12,558

a3,733
65.154

36,607

12,615

39.804

cS.lO?

11.322

d2,436

21.518
17.779
18.786
16,615

12.395
11,418

13.897
12.944

jannarr....

23.0-:7

11.965

Fabmary...

18,994

0.480

Total 8 months. .1166.311

H9.4T8

1.981

2.321

81,370
37,890

15.925

11,169
11;S34

2.189
2,647
2.943
2,666

22,218

10.681

3,794

29,911

18.996

10,115

23.055 285.844' 150.811

80,318

/2,848
1,127

43,577
28,989

11,617

1,785

S1.886
36,334
31,416
33,050
29,595
36,691
30,866

«0.:i29|ii«0,45a

National bank depoalt fund Included :—

a 12.700,540
t $338,145.

1)13,021,000

c 1993,720

d $307,450

/ $245,740

C$2,057,459

DISBURSEMENTS (OOOS Omitted).
1889-00.

1800-91.

OnMnary.

Pen-

13,988

Aug....

al4,242
616.331
cQ2,483
dl7.522

Feb. 29.

£

£

23.049,860
10.751,104

23,042.465

23,183,670
11,739,080

23,236.807

Sept...
Oct....
Nov....
Dec....
Jan....

16,245.232

Feb....

Prem-

Total.

sions. terest. iums.

~$~ "1"
JolT...

In.

21,511

fl6.741

2,652

/20,009
914.055

1,C81

$

4.313!
3.5371

401

143

$
38,137
85,687
34,298
38,036

.

15.248

8.17S

11.999

20,039

612

13,431

201I 1,506

15,430

4,6»4| 6.133

11.920|

10.779

21.794

11.314

ll)Mi\ 1.492

40

23,981
31,726

15.680

2,176
13,661

22,970,619
16,816,804

22.782,259

21.415,943

8 mos 135.371

14,885,357

15,787,087

21,727,822

22,770,767

National bank redemption fund Included :—
a $1,789,799 6 $2,074,431 C$2,202,780 d 2,109.634

4354

41?ii

9515-16
1184.317.000

97«
124,7DO,000

3

2H

100«
137,Od5ioOO

2.85l{

360

17.311

774

42.57o|

1,910

31,191,298

5

Prem. lotaL
iuma.

0.924

___

$

18.277

14.490,861

28.436,461
47 5-19

In-

sions. terest.

$

13.763,594

8

Pen-

~~$'~

$
14.863 7.2S2 2.054
879 1,73„
18,839
38 13.405' 4.624
11,097

Ordinary.

24,595,811

7,919
518

3.738
2,878

41,»S8
36,383

17,4U

28,599
25.335
2,6U3, 25,821

2,902
2.165

2,a69|

27358

857, 26,060

87.392 83.ftt5 10.401 266.19911107.7551 77.117l27.cai 16.502 228.470
e $1,935,467

/ $2,461,760

« $3,279,310.

National Banks.

—The

following national

banks

have

recently been organized
143,194.000

cereal produce into the

IMPOKTS.
1890-91.
cwt. 27,879,272

com

$

«

37.199

«U.316
22,035
26,908
15,228
16.105

£

1888.

United Kjngdom during the twenty-five weeks of the season
compared with previous seasons :

g»t«--.

~i~ ~i~ ~i

2.82V

September..
October
NoTerober.
December.,

1889.
Feb. 27.

The following shows the imports of

£««»

Intern MisCU j„tA.'
Rev'ue Sources

11.717

28,469,885
12,435,231

Perot.

Consolj
C.earlrc-House retnnu

Jarley

tovu.

19,628,960
23,335,531

Reserve
19,143,214
Coin and bullion
83,313,544
Prop, assets to liabilities. per ct.
SSH

,^
JjhPat

Out-

lotai.

,

The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c,
compared with the last three years

"Olr

OusUmis.

.

;

Indian

1889-90.

4 nom-

To Bombay. £51,G00.
eilver— Silver, which had improved to 45i]ed.Ccontinued for another
flay at this figure, but with a further pressure of sales from the New
York holders, rates dccliued again to 44'4(l. The India Council made
good sales and the market was much strengthened, and to-day thesame
rate, 44%d., was obtainable for the Continent. Later on. New York
offered freely at 44=sd., at which the market closes. Arrivals: New
^ork, £5G,000; West Indies, £29,000. Shipments: To Bombay,
£32,000.
Mexican Dollars—These coin have been praotlcally a dead letter, and
ri?-"^"*' **'''<^'"«°oe In price still applies. Arrivals: From New York,
*27,000 West Indies £20.000 : total £47.000.

fWDS

—

BECEIPTS (OOOb omitted).

Z'A

Gold— A demand for gold still continues, and the open market
arrlvalH have found ready purchasers. The movements during the
week have lieon imimiiortant. and amount to £154,000 withdrawn
and £133,000 received. ArriviiLs: AuRtralia, £83,000; Shanghai,
«9.000; Natal. £ 1 1 ,000 jl^Vest Indies, £41,000; total, £144,000 Shipments

courtesy of the Secretary of the Treasvu-y, we are enabled
to place before our readers to-day the details of Government receipts and disbursements for the month of February.
From previous returns we obtain the flj^ures for previous
months, and in that manner complete the statement for the
eight months of the fiscal years 1890-91 and 1839-90.

2«
2«

6«

i

Qppenhagen....

13.

Bank

2«
2«

3
3

nom,

Vienna.

February

20.

1889-90.
1887-88.
1888-89.
26,«80.908 30.313,900 24,04it.913
11,012,737
9.283,108 11,069,971 10.053.003
6,461,046
8,651,590
0,729,809
8,546,780
966,725
1,859,548
905,204
1,069,703
1,653,440
1,351.606
1,747,211
1,471,156
13,09S,999 14,813,132 12,394,400 11,105,171
7,330,747
9,234,030
8,386,187
7,427,972

New Iberia. La. Capital, $50,*
Wra. E, Sattertleld, Cashier.
of San Antonio, Texas. Capital,
$2i50.OOO. Chas. HuKo. President; J, N. Brown. Cashier.
4,626— The Snohomish National Bank, Snohomish, Washington. Capital, *50,000.
Emory C. Ferguson, President; Ursenus K.
Loose, Cashier.
„ ,. ,
4,527— The First National Bank of White Pigeon. Michigan. Capital,
*50,000. Beth A. Jones, President; Theodore E. Clapp,
4,524—The People's National Bank of
000.

4,.'525— The

,

President

;

Alamo National Bank

Capital,
President C. B. Burrows, Cashier.
$50,000.
CapiWashiuKton.
Vernon.
Mount
4,529—The First National Bank of
tal, $50,000, George D. McLean, President; C. 8. Moody,
Cashier.

4,628— The First National Bank of Hartinifton, Nehraska
.

;

1

THE CHRONICLE.

416

4.530—The Equitable National Bank of Baltimore, Maryland. Capital,
$500,000. James D. Ferguson, President Samuel I. Hlndes,
;

The corporate 'existence of the National Bant of Chester, South
CbroUna (No. 1,804), expired at close of husinesB March 2, 1891, by

[Vol. LII.

The exports from the several seaboard ports for the week
ending March 7, 1891, are shown in the annexed statement:
•sporw
ffroTn

—

Wkeat.

Oom.

Bwh.

Buih.
80,113
32,820

llour.

OatM.

PeoM.

Bvt.

limitation.

Imports and Exports for the Week.— The imports of
week, cofnpared with those of the preceding week, show
a decrease both in dry goods and general merchanThe total imports were $10,881,053, against $12,735,468
dise.
the preceding week and $10,939,700 two weeks previous. The
exports for the week ended March 10 amounted to $8,639,376,
Mainst $8,100,048 last week and $4,943,103 two weeks previous.
last

'The following are the imports at New York for the week
ending (for dry goods) March 5 and for the week ending (for
general merchandise) March 6; also totals since the beginning
ot the first week in January.

rOBEIOH IHPOBT8 AT
For Week.

NEW

TORK.
1891.

1890.

1889.

1888.

$3,010,649
7,898,155

$4,000,776
7,761,139

$4,329,549
7,957,719

$2,654,894
8,226,159

$10,908,804

$11,761,915

$12,287,268

$10,881,053

Oen'l mer'dise.

$32,840,892
66,029,572

$33,783,904
67,833,306

$36,691,624
61,702,544

$30,051,383
70,952,359

Total 10 weeks.

$98,870,464 $101,617,210

Dry Goods
Cton'l mer'dlse.

Total
Since Jan.

1.

Dry Goods

$98,394,168 $101,003,742

In our report of the dry goods trade will be found the
imports of dry goods for one week later.
The following is a statement of the exports (exclusive of
pecie) from the port of New York to foreign ports for the
week ending March 10 and from January 1 to date :
EXPOBT8 FSOH

KBW TOBK FOR THE WEEK.

1888.

For the week..

1890.

1889.

1891.

Prev. reported.

$5,709,086
53,811,661

$7,698,595
61,369,239

$7,116,874
60,206,794

$8,629,376
57,933,065

Total 10 weeks.

$59,520,747

$69,067,834

$67,323,668

$66,562,441

The following

(Tew York
Boeton...
Portland.
Kontreal.
Phlladel.
Baltlm're
H. Ort'na.

23,414
7,612
11,470

Busk.
3,173
565

Bbts.

54,990
5,575
2,300

Btuk.
2,891
49,640

24',no6

39',506

3,500
98,831

102,114
202,321
25,326

2,i43
55,099
6,107
7,714

168,827

482,194

132,838

3,773

349,589 3,057,230

165,611

493,488

S.News..

Bush.

""35

Mchm'd
Tot. week.

52,531

9'me time
1890...

10,024

44,157

The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, March 7, 1891:
Oom,
Oats,
Wheat,
Bye,
Barter,
bush,
bush.
Ifush,
bush,
buth,
In store at—
309,281 993,105
1,132,217
8,766 151,850
Sew York
Do afloat56,300
16,000
"32,600
26,6do
24'do6
Albany
16,500
58,122 155,499
BaSUo
944,235
28,295 567,896
Do afloat
40,000
Chicago
205,079 324,446
148,565 123,9(W
6,724,415
15,461
74,817
Do afloat
271.318
HUwaokee
465,187
296',i»7
171
889
Dolath
4,067,549
3,573
226,773
17,723
17,001
Toledo
677,663
4,887
Detroit
168,737
21,586
597 233|615
80,000
220,000
Oswego
55,000
286,769 241.382
432
1,295,250
53,375
St. Louis
157,500
Do afloat
50.000
lie.obo
18.000
Olnolnnatl '
7,000
118,028
67,992
9,659
32,383
Boston...
200,569
39,757
108,490
Toronto
110,103
398,.547
10,116 212,704
29.981
49,577
Montreal
187,156 104,608
Philadelphia
93,475
265,317 185,965
24,905
Peoria.
40,780
23,078
9,000
Indianapolis
139,077
99,981
93,726
38,858
Kansas City
359,446
:
Baltimore
341,777
400,756 114,147
26,848
7,672
620
Minneapolis
5,970,026
42,600
Oq Mississippi...
43,072
156,128
30,200
108,200
24,900
On canal & river.
7,800

shows the exports and imports of specie
at the port of New York for the week ending March 7 and since
Tot.Mar. 7, '91.
Jan. 1, 1891, and for the corresponding periods in 1890 and rot. Feb. 28, '91.
table

23.151,571 2,639,250 2,874,854 392,823 2,179,319
23,250,093 2,807.'216 2,948,029 399,105 2,439,790
28,314,594 14,517,691 4,868,390 1.588,485 1,658,542
rot. Mar.
31,780,157 16,911,625 7,741,338 1,641.019 1,712,138
Tot.Mar. 10, '88. 36,662,387 9,202,103 4,426,317 378,299 2,235,323

rot.Mar

1889:

BXPORTS AND DIPOBT8 OF gPEOIE AT

NEW

Exports.

TOBK.
Imports.

*

Oold.

Week.

Great Britain
France

Germany
West Indies
Mexico
South America

U

Since Jan.l.

$49,685
22,805
603,000
159,000

$114,664
22,805
3,600,877

70,051

565,500

Week.

1,643

$120,625
329,760
421,765

2,938

8,754
27,987
187,518

$139,681
415,362
129,143

$1,096,409
2,450,353
1,533,326

$135,100

1,009,222
1,975

sther countries.
Total 1891.
Total 1890.
Total 1889.

Since Jan.l

$904,541 $5,315,043
219,930
1,513,950
433,799
2,805,749

8, "90.
9. '89.

Cincinnati— Last week's stocks, this week's not received.

N. Y. and Brooklyn Gas Securities— Brokers' Quotations,

GAS COMPANIES.

I

Brooklyn Oaa-Lleht
Oltlzens' Oas- Light
Bonds, 58

GAS COMPANIES.

Ask.M

Bid.

Bid.

83
130
Williamsbarg
'108
103
Bonds, 68
96 Hi Metropolican(Brooklyn).. 100
Monicipal- Bonds, 78
130
115
Fulton Municipal
lUO
120
Bonds, 6s
116
102
Eqnltable
106
Bonds, 6s
People's (Brooklynl.

130

117

100
Consoliaated Gas
95 Hi
Jersey City & Hoboken.. 170
Metropolitan— Bonds
110
Mutual (N. y.)
118
Bonds, 6s
100
Nassau (Brooklyn)
135
Scrip
100
,

91

I

IDS

'

133
lOf
118
108

,

Exports.

Imports.

Silver,

Week.

Since Jan.

Week.

1.

Since Jan.l.

Anctlon Sales.— The following were recently sold at auction
by Messrs. Adrian H. MuUer & Son
:

Great Britain
France

$556,415 $3,120,577
6,334
197,334

Germany
West Indies
Mexico
South America

140,683
35,025
37,988
27,400

12,336
96,748

$20,439
48,265
93,775
74,453
197,844

$3,559,007
5,062,450
3,230,559

$109,084
58,064

$434 776
307 921

24,015

"3,760

All other countries.

Total 1891
Total 1890.
Total 1889..

$.590,524

646,199
122,231

_^

Shares.
642ioo Central N. J.

_

_

_

1 0,968

314;i56

—The attention of investors
&

The movement of breadstuffs to market is indicated in the
Itatement below, prepared by us from the figures of
the
york Produce Exchange. We first give the receipts at New
em lake and river ports, arranged go as to present the West
com
parative movement for the week ending March
7 1891 *""
unri
since August I, for each of the Ust three vears:
'

at—

Flowr,

Wluat.

Oau.

BWj.ieeox

OUoaco
MUwaakM...

67,381
Se.087

Dolnth.
Mlnnmpolta.

VolMo

907

DMrolt.. .
OI«T*laod. ..
BtiLoDli....

2,686'

6.007
84.768

P*orla

iso.me

Bam* wk.'go.
Bam* wk.'Se

193.808
183,120

Mum

Aug.

BarUy.
BH

II,

181.004

805.446

176.512

93,750
18a.S97

40.241

88,000

93,000

29.087

26 000'

Tot.wk.'gi,

'

BiuKSi lb: Bvuh-iHlh Bu.

909,310
17,778
te.33»
24.500
S47.948

1,875.815

115.637
13.073

1,984
35,714

700

734

23,695
131.870

3.0JS
S3„S50

823.INU'

82,8)

1,190

10,300

l,2.Se.il2

1,199,017

43(1,853

1,842,930

86.502
78,193

1,784.081

1.030,290

480.351

31,807

57,338 691

59.017,678

25,511,681

8,181 144
4,463,215

I.

6,860,814

78,6til,488

7.418.381
6.019 91S

99.a70.17<

.

0C.157,.1S5 105,108.884

77.622.553

.

Shares.
1 N. Y. Law Institute
5 Chemical Nat. Bank

.

I

.

I

i

I

'

I

HCi

58,reg. ex., 1919

I

$5,000 Ches. O. & 8. W. RR.2d
70
68,1911. F.&A
$2,000 Ohio & Miss. Uy. 1st
general 58. 1!)32, J. & D.... 90
$400 Orange Athletic Club 2d
91
mortgage bonds

at auction elsewhere:
Shares.

315
50 Gallatin Nat. Bank
6 Nat. Broadway Bank. ...290
108% 109 Merchants' Ex. Nat. B'k.l22
340
50 Nat. Shoe & Leather B'k.l53

200
4750

6 2d Ave. RR. Co
50 Nat. Park Bank
100 Nat. B.auk of Commerce. 196ia
Bonds.
50 American Ex. Nat. Bank. 55
$5,000 City of Cincinnati
10 Thurber-Whyi'd Co., com.lOO
1906
34 Corn Ex. Biink
249
$9,000 Tennessee Old
500 Internat'nal SraeltlngCo.
Green (convertible)
6I4
of El Paso, Tex
1

6s,

12m

68,

69

339,167

84,80l,67t 80,374,786
53921.313' 8L63Q.863

^attHtng awfl

|iftttanctal.

4,950

l,30^.679

18B0.8I

Bonds.
$2,000 Terre H. « Logansport RR. 6s, 1900, J & J ... 104 J«
$2,000 County of Henry, la.,
78Comi)romi,se,1892,M.&8. 70
$2,000 City of Kansas (iss. to
Kan. & Neosho Val. RR.) 78,
Ill
1897, J. & J
$2,000 Leavenw'th Co., Kan.,
&
J...
98\
1909,J.
6s.,funding,
$25,000 The United Electric
1920
5
yr.
68,
Traction Co. 30
$1,000 N. Y, & Erie RR. 2d

8,83:

11,521

451.900
308,2 )0
1.725,073
4.443 119

ues-M....

Imp. Co
13
5 Union Mining Co. of Alleghany Co., Md
85
40 Washington Life Ins. Co.. 140
50 Postal 'Tele. & Cable Co.. 30
102 Nat. Broadway Bant.... 290
360 IstNat. Bank of Nashv.,
Tenn., $100 each... lOS-llOU
10 Lawyers' Title Ins. C0...I6OI11
10 Kings Co. Bank, B'klyn. 130
200 Brooklyn City RR. Co.
169ia
16 Harlem River Bank
100
20 Nassau Tr. «o. of B'klyn.l56
50 Fulton Municipal Gas Co.
of B'klyn
12914
10 Real Est. Ex. & Auction
Room, Limited
106
50 Singer Manufactur'gCo..l80
8 Naugatuck RR. Co
247
20 4th Nat. Bank
171%
24 Merchants' Nat. Bank... 156
12 United States Trust Co. .800
The following were also sold

100 3d Nat.Bank (uew stock). 108
13 N. Y. Standard Watch
Co., $100 each... $5 per share

.

is called to the advertisement of
Meesrs. John H. Davis
Co. in to-day's Chronicle, oflferinK
their Imes of investment securities.

B«e*ipt<

Shares.

Land A

4.058.7BC

Spencer

Trask

&

Co.,

BANKERS,
No». 16 and 18 Broad Street, New York Oltr.
''•
8AHATOOA,
PBOVIDENCB, R. I.;
N. Y:
™,£J'."^l?y „!i;
TKANSAOT
A GENKKAI. BANKIIVG BUSINESS.

All classas of Securities Bought and Sold on Commission. Special attention
BlTon to Invostment Securities. Direct wire to each office and to Philadelphia,
Boston and Chicago.

March

THE CHRONICLE.

14, 1891.]

%ht

gaixliiers

shown in the folhiwing statement, kindly furnished ua
by the Treasury Department.

are

CSaiJCtte.

DITIDKNDS.
Per

Same of Company.

CeiU.

4M P»r Otnu

WTien
PayaMe.l

Of•Huff.

Itookf Closed.

{Dayi

Mar.

inelutice.)

••

Hall road*.
Ohicngo MHw. A 8t. Paul.
Kpnkuk & Wpstcrii
I/cliiKli

Valley

(qiiar.)

&

NavlKntion (quar.)i
Pi'iMisvl vanlft
(int.
Pittsburg.
VIrKiiila

Oreitoii R'y

South wost

Weat

'

A

29 to April 10

a

m
m

April 16 Mar.
April
llMar.
April 15 Mar.
April
1 Mar.
MaroliSl Mar.

1

Marcb20,

S

April l.-S Mar. 27 to April 10
1 Mar. 21 to April 1
April
April ISiMar. 21 to Mur. 31

1

15 tu April

)

11 to

21 to Mar. ai

4 to

I

I

'

1>«

m

Hi

iMarohiel

One of the anomalies of the present period is the relatively
low prices of the bonds of various companies in comparison
with their stocks. Reading third incomes soTd at 23i^ while
the stock was at 29>i; Northern Pacific consol. 5 per cent
mortgage bonds sold at 83J!^ while the preferred stock was
«t 71 Jj; Richmond Terminal .5 per cent collateral trusts sold at
67?^ while the preferred stock was at 71; Rio Grande Western 4 per cent mortgage bonds sell at T6!4^ and the preferred
stock at li/^- Some of these prices have changed within a
few days, but it is usually one of the features of the market
that active stocks have more support in dull times than the
lower classes of bonds.
The adjournment soon of the Western legislatures, particularly that of Kansas for two years, is a subject for congratulation among railroad men, and with good crops this year the
xAilroad situation at the West will be greatly improved.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 2 to 4 p. c, the
average being 2)^ p. c.
To-day rates on call were 2 to 3
Prime commercial paper is quoted at 5(3.5}^ p. c.
p. c.
The Bank of England weekly statement on Thursday showed
an increase in specie of £183,000, and the percentage of reserve
to liabilities was 38-.")9. against 36-80 last week; the discount
rate remains unchanged at 3 per cent. The Bank of France
shows a loss of 925.000 francs in gold and 300,000 in silver.
The New York Clearing House banks in their statement of
March 7 showed a decrease in the reserve held of $3,237,500,
and a surplus over the required reserve of $10,880,975, against
^13,630,275 the previous weet.
1891.

Differeti'sfrom
I

I

60, 572,700

Capital

Bnrplns

Loans and

977,200

6'^

8e«erve held
Legal reserve

1890.

Uar.

1889.

Mar.

8.

9.

60.882,700 60,762,700
57,620.900 53,142,100
941,900 406,230,100 417.070.300
Inc
2S.900
3,172,7001
4.354.100
Dcr. 1 ,952,800 4 1 0,S06,200:438,770,800
Deo. 2,733,200 77,365,900| 82,976,100
Inc
504,300 25,547,0001 35,*JB4,bOU
Dec. 3,237,50o'l02,9l 2, 900 118,211,000
Dec. 488,200 102,701,5501 109,692,700
..

404 823.700 Inc.

disc'ts

Circulation
Ret deposits
Specie
Legal tenders

Prtv. week.

3 523.500
412 473.300
78 567,800
35 431,500
'u3 999,300
|

loa, 118,325

teT>lU8^eBetTeJjlj0^O,975jDec^,749,3Oql___2 1 1,35^1

^8,548,300

Foreign Excliange.— The demand for sterling bills has been
very inoderate and the market has been exceedingly duU.witli
an easier tone, though quotations are but little changed. Noengageraonts of gold for export are reported this week. Actual
rates pre: Bankers sixty days' sterling. 4 853^.44 85>i>
demand, 4 88(g4 883^ cables, 4 8814^,94 88^.
;

;

Posted rates of leading bankers are as follows:
March

13.

Prime bankers' sterling Wilson London
Prime coniraerciuV
Docuuieniary commercial

itB.sao|

uo,«oo

u..

«7,9S0

47,»S0

eoT.nno'

807,000

Sixty Dayt.

Demand.

4 36

4 89

4 84 «»4 34%
4 83%<*4 84

4s,

1891

reg.

1891. ...coup.

1907

reg.

Do stamp'd Int. pd.
4s.

1»«7

coup.

Do BX-cp. to J'ly,'91
68,
68,
68,
6s,
6s,

AmA'M

oloeing prices at the N. Y. Board have been as follows!
InUrttt Mar.
Period!
7

4I«8,
4»««,

Omf Sim iMn.

« Ptr
O/trtafi.

8(390

to

been only a very moderate busine-ia in stocks and bonds, and
on some days there was scarcely enough doing to make live
quotations in certain securities which are usually prominent.
The reports and rimiors from abroad have done much to
keep our market unsettled, although it was apparent that the
London money market was not disturbed, as the Bank rate
wa.s kept at 3 per cent, and there seemed to be no trouble or
apprehension. The Argentine difficulties do not clear up in a
.satisfactory manner, and the embarrassments in that quarter,
considering the immense expenditure of European capital, have
served to show up by comparison the greater safety of American railroads as an investment. If the rajwrts concerning
the affairs of the Messrs. Baring were true, it was their holdings of Atchison bonds and stock which were more easily
dispoeed of than other assets when it was found necessary to
realize on something.

iTar. 7.

S3.8S0
ii8,aoo

1S0.M0

The

WALL HTRRBT. KRIDA V. MARCH 13. 1M91-S P. n.
The Honey Market and Financial Mitnation.—Ttiere has

•

It.
i»..

ToUI.

to

iTllMC4^11aneous.

Amer. Hell Tpli'phoup (quar.)
MlnnrKota Irtui ((|imr.)
WcHttTu Union Tulegruph (quar.)
Wliltcbrt'iwt Fuel

1187,700
49.400

10.,

••

"
"

Sim ISM.

i>ure*'M.IPt4ew paid.

4».«M

tlST.lOO

7.
».,

"
prof...

417

our'cy,'95
our'oy,'90
our'ov,'97
our'oy,'98

A
&

reg. J.
reg. J.
reg.iJ. &.
reg.iJ. *
reg.'J. &

cur'i)y,'99

Star.
9.

I

Mur.

Mar.

Mar.

Mar.

I

10.

11.

12.

13.

'103
•102 '102 '102
102 'lOS
•102 '102 •102
102
102 '102
120io*120»a*120'fl 12m 121 *121
•I19»a*110'«,*lini2 119%|*120 I'lao
•1211s -121 ia*121ia 12Hi ^122 1*122
•11919 *119'a.*119>a 119%ri20 *120i«
'111 -111
J. •111
111 I'lllij'Uli*
'114 *114 i*114 |'114
114
3. •114
J, *116Hi'116i4*116is*117 ril?
117
•119
-119
•120
1*119
*119
120
J.
J. *121i« "1211s'* 1211)1 *12lia'*122'g 122's

tbe price bid at tbe luaraing board no nwe was made.
Coins. The following are the current quotations in gold for
various coins :
Sovereigns
$4 85 '»$4 89 Pine sliver ban.. - 99 « l-OO
—92 S - 95
Five francs
Napoleons
3 85 '3 3 91
X X Reicliinarks. 4 73 « 4 77 Mexican dollars.. — 78 «
80
—
» —
4 75 « 4 83
Do uncommeroM
26 PeBetas
—73 «
75
Span. Doubloons. 15 55 «15 75 Peruvian sols
Mex. Doubloons. IS 50 -915 70 Knglish silver.... 4 80 9 4 87
Pine gold bars...
par 3>4 prem. U.S. trade dollars — 77 a
GoTornment Purchases of Silver. The Government purchases of silver in March are shown in the following
•Tills is

;

—

—
—
—

—

—

:

Ounca

Outicet

offered.

purchated.

Previously reported

1,189,000
"

11
" 13
'Local purchases
•Total In

The

777,000
870,000

Price paid,

1,126,000 $0-9814
570,000' $0-98M
365,0(X) .*0-9870

«
-a

a

$0-9875
$0-9870
$0-9905

303,000 $0-9939 « $09950
a
34,057

to date..
2,398,057 $0-981* 9 $0-9950
purcliasea of each wcelc are not reported till Monday of

month

looiil

week
State and Railroad Bonds. The sales of State bonds have
included $16,000 Tennessee settlement 3s at 70^^-71; $7,000 settlement 5s at 1003-^; $23,i500 Alabama, class "A," 103-10**^
$30,000 Virginia 6s, deferred, stamped, 8-8% $5,000 do., dethe following

—

;

ferred, at 9.

Railroad bonds have not been particularly active, but have
generally gained a little in strength of tone during the last
few days. Several bonds have touched this week the lowest
prices ever reached, notably the Atchison 43 at 75%, incomes
Paat 38% and Reading 1st pref. incomes at 473^. Texas
cific 2a mort. incomes sold quite freely at times and touched
29^, closing at SIJ^. Atchison4s close at 77J^, incomes at 40^
and Reading 1st pref. incomes at 49. Dealings have been very
dull and the tone has latterly been better, the low prices failing to bring out bonds. The Louisville N. A. & Chic, consols
jumped from 84 last Friday to 91 on Tuesday and close at 86}^,
and it is presumed the April interest has been arranged for.

&

—

and Miscellaneons Stocks. There has been
animation in the market, and the active dealings have been limited to a few stocks. The situation of
affairs abroad has been watched with much interest, and the
disturbing rumors have served to keep our market unsettled.
On Thursday the trouble of the bank in Paris which was involved with the Argentine difficulties was the bete noir of the
day, and prevented any advance in stocks. The Western
stocks and Louisville & Nashville have still been the most
active of the list, and they are showing a steadier tone, with
the appearances of having been Sold down about as far as practicable, under present circumstances.
There was a healthier
tone and more lite in the general list after twelve o'clock today than we have seen for some time, and there was an advance of 1^ to 1 per cent in many stocks. In the last hour
the coal stocks were notably weak and fell off 1 per cent on
Reading, about 2 per cent on Lackawanna and Delaware &
Hudson and 3J4 on Jersey Central.
Louisville & Nashville has been favorably influenced this
week by the election of Mr. M. H. Smith as President and
M!r.
August Belmont as Chairman of the Board. St.
Paul shows a surplus of $1,269,399 for the six months
ending Decemljer 31, 1890, over and above its charges and
the dividend on preferred stock, and the stock sold up to
Railroad

very

little

54J^ to-day; Missouri Pacific, since the report was issued. is sell18^5 00 a5 IOI4 ing a trifle higher, but the low freight rates are discouraging;
40i4» 40ii. 4038-ir40'i6
Mobile
Ohio is strong at 40^8, and negotiations of some sort
fcankfoi t ur Hrenieu (relchniarkstb'nkers _».5i9« 95>4| 95%a95''e
The following were the rates of domestic exchange on New are said to be pending with tno roads north of the Ohio; Richand rose
York at the undermentioned cities to-day: Savannah, buying mond Terminal had a little spurt of activity to-day, has
been
tol81^, closing at 17 J^.
The unlisted department
par, selling h^ to }4 premium; New Orleans, commercial, 35c.
at 75V4, against 73;''^;
per 81,(X)0 premium; bank, $1 00 per §1,000 premium; Charles- unusually quiet this week. Sugar closed
ComLead at 19, against ISJ^; Cotton Oil at 21, against ao?^.
ton, buying 1-10 discount, selling i.g premium; St Louis, 75c.
stock Tunnel stock and bonds were stronger on the payment
per $1,000 premium Chicago, 75c.' per $1,000 discount.
of two coupons on the latter and the stock sold to-day at
ro United States Bonds.— Prices remain steady. Purchases 19-20.
Silver certificates have been more active than most
o Aii per cent bonds by the Treasury, under. the circular of other things, and close at 99%, against 97;g Ust week, on ttm
Oct. 9, have amounted to $12,198,800. The daily purchases
smaller stock on hand.
Paris li.inkers (francs)

Amsterdam

(guilders)

I

5 I9'9a>5

hankers

;

&

THE CHRONICLR

418

NEW YORK STOCK EXCHANGE—ACTIFE STOCKS

[Vol. LII.

for week ending

MARCH

13, and since JAN. I, 1891.

HIQHEBI Aim tiOWEST PRICES
STOCKS.

Saturday,

March

Active RR. Stocks.
AteWson Top. & Santa Fe
Pacific
Canadian Pacific
Canada Soutliern
Central of New Jersey
Central Pacific

Cliesapeake

Do
Do

& O., vot. tr. cert.

do
do

pref

1 St

2d pref

&

Alton
CMc. & Atl. bcnef tr. rec
Chicago Burlington & Qulncy.
Chicago & Eastern Illinois.

Chicago

,

. . .

.

25%

25% 25%

75i«

75

9OI2 91
SI'S 5276
Chicago Milwaukee & St. Paul.
pref. IO9I8 10918
Do
IO2I3
103 14
Chicago & Northwestern

£'*'

Do

pref. •132

Do

pref.

Cleve. Clncln. CMc.

&

L.

St.

Do

.

pref.

6338

23%

2312

81
59
96

pref.

& Ga

Do
Do

Ist pref
2d pref.

Evansville * Terre Haute...
Great Northern, pref
lUinois Central
Iowa Central

Do

pref.

Do

pref.

Lake Erie & Western

& Mich. Southern.
Island
Louisville & Nashville
Loulsv. New Alb. & Chicago..
Manhattan Elevated consol.
Mexican Ccutral
Michigan Central
Jjfike

Shore

Long

,

Milwaukee Lake

Do
Minneapolis

Do

8h.

& St.

5613

7%
'58

pref.

Do

pref.

Mobile* Ohio

16%
110

2458

91

52''8

53%

53% 54%

24
80

58% 60%

22

22
80

75

•94

96

•75

59% 60%
-93

96

26% 26% •25% 26%

1658
565e

16% 166e •16% 17%
"56% 56% 57% 57%
7

*81
9013

8e

eiH

'513

7
23

*19i3
ISHi
51>«

82
90

7
62
17
113
82

5
2014

91%
5

20I4

7

'55
•15
110
•82
•90

•5%
19

55

55

55

108

IO914

108%

lOS'e

*87

89

71% 72%
17
102
*20
9II3
'4
*9
•Ilia

17
102
21
911s

82
105
5
IOI4
121*

•19% 20%
65
Soht

'15% 17

pref.

pre!

2914

•49

&

pref

Paul Minn. & Manitoba.
Southern Pacific Co
St.

21%
18

30
52

16%

171*

70

71%

•34
Do
pref. •69
KomeWatcrtown & Ogdensb'g 107
125
et. Louis Alton & T. H.. pref

&
&
Do

18
65

•13% 16

Elo Grande Western

St. L. Ark
Tex., trust rec.
St. Lou.
San Fran., Ist pref
St. Paul
Duluth

•86

89

71% 73
18
102

18
102

25% 35,283
50

116%

29%
17%
52
3078

127
12
7773

45
92

•80

104
•4

82
105
5

36
72
115

•6%
111

7
21

20

55
26

'15
•15

65
•20

17
18
65

21%

18'8

We

1778

•57% 58%

62

'55

15% 15%
113

82% 82%
92% 92%
5% 0%
20

133

131

135%

577e
'
7

6%

26
85

75

59% 59% 60%
95% '90% 94%
26%
26% 26

6%

62

15% 15%
113
83
92
6
'19
20
'13% 14

111
83
92
6

135%
'17% 17%

13358

58% 58%
658

'57

7
62

15% 15%
113

110
84

86

93% 93%
-57a

*19

7
20

-13% 14

72
•17
102

73
21
102
20

72% 73% 73% 7358 73% 74
20
20
20
20
19% 19%
102% 102% 102% 102% 102% 103%
•19
20%
'90% 93
91
91
'90% 92
80

•73

104% 104% 104% 105

101

82

82
5

80
•4

•73
81
'101% 105
4
4
10%
9
9
5

80
105

•378
•8

5

15% 15%
•16

•93
101
13
63

96

*263

268

93

93

93

93

101% 101%
102% 101% 102
13% 13% 13%
13% 13
•64
64
67
66% 66%
28=8 285a
29
28% 28% *28
'18
18% 18% 18% 18% 18%
50% 50% •50
.50%
50% 50%
33
34% 34%
33% 33% 34
263

268

265

265

16% 16% •16% 16% 16% 16=8
8% 8%
8% 8%
8% 8%
32% 32% 31% 31% 32
32%
14
14
13% 13% 14
14
53% 53% 5358 53»8 52% 52%
27% 27% 27% 27% 27% 2758
72
72% 71 'a 725e 171% 72%
15% 15% 15% 16
16% 16%

19

•16

.19

65% 72

70

73

21

23% 23%
18% 19%

-16
70

19

74

•16
•71

19
74

22% 22% 22
22
18
18
1758
19% 19% •19% 19%
2858 2976
28% 29% 29
29=8
30
30% 29% 31
13
13
13
16
1278 12% '13% 15
13% 13%
•48
49
•48
49
•48
52
49
50
50
49%
16% 17% 17
17% 17% 17% 17% 17% 1758 18%
70
•71
71% •70
72% •71
72
72% 72
72
36

36

•70
111
125

72
111

'50

60

24% 24%

'85
90
90
•103% 104% 103% 105

27% 28
13% I314

26
85

•9
'9
IOI4
9
10%
•11% 12
•11% 12% •11% 12%
11% 11% •11% 12
^
'19%
21
20% 20%
19% 19%
20% 20% 20% •20
64% 65 5g 61% 65% 65% 65% 65% 65^8 65% 66%
4078
35
36% 37
35
37% 38% 39
35% 36

'9% 11

'9=8

55
•24

-75

27% 28%
12^8 13%

1858

IS's

•34
72
108
125

2314
175e

37
72
112

87
104

28%
1278

58
26
87
105
2868
I3I4

16% 17%

•40
•SO
435e

22
858

"
111

•125

•9% 11
58
•24

•35% 37
•71% 72
111

60

90
445e

22
9

17
3178
71

17%

18%

I914

32

71%

125

125

•9% 11
•50
•24
•85

'35% 37
•34% 37
72% 72% 71
71%
105% 108
110 115

60
26
90

9%
55
22
'85

104% 104% 108

9%
55
22
90
108

17

17

28% 2878
13% 13%
•16% 17%

•40
•80
4414

60
90

•40
•80

28% 29
13
13%

44%

•22% 23

8%

17%
32%
71%
19%

8%

17%
32%
71%
19%

50
90

44% 44%
22% 22%
•9

9%

17%
32% 32%

1778

71

71

19% 19%
21
21%

-9% 11
'55

22%

88
109

60
26
88

109

28% 29%
13% 13%
17% 17%
•35
•80

60
90

44% 45%
*22

23

9%

9%

18
18%
31% 32%
70% 71%
19% 19%

20=8

.

'..'.

.

.
.

1,1

32%J,an. 12
6 Jan. 12

245s Mar.

300
4%
630 72%
2,720 48
5,610 106
44 29
2,000 16
450 44
1,030 29
220 127

Mar.

77

Jan.

52%

Mar.

119%

Jan.
Feb.

31

Jan.
Jan.
Feb.

75% Mar.
260 41% Jan.

749

Feb. 27
Feb. 11
-Feb.

Jan.
1978 Feb.
54% Feb.
34% Feb.
130 Jan.

Mar.

93%

98,483

49%

3
2

9
26
9
10
10

3

Jan. 14
Jan. 20
Jan. 13

92
57%J.in. 14
3 113 Feb. 10
9 108% Jon. 14
13 138% Jan. 12
6 727s Jan. 14
225 22 Mar. 10 27 Jan. 14
55 77% Jan. 29 81% Feb. 11
9,965 58% Mar. 7 65=8 Jan. 13
150 94 Jan. 31 98 Jan. 9
610 25% Mar. 6 29 Jan. 12
3,339 129% Mar. 9 139=8 Feb. 7
90,753 131 Jan. 2 140% Feb. 9
300 16% Mar. 6 20% Jan. 12
625 56% Mar. 7 6378 Jan. 14
726
8% Jan. 14
7 Jan. 2
60% Jan. 2 66 Jan. 14
200 15% Mar. 11 19% Jan. 14
111% Feb. 5 115 Jan. 7
86% Feb. 7
2.200 72 Jan.
2,160 90 Mar. 9 103% Jan. 14
187
6% Jan. 10 7% Jan. 14
211 20 Jan. 3 24% Feb. 5
205 13% Jan. 26 15% Feb. 5
1,030 54% Mar. 6 59% Feb. 11
11,614 106% Jan. 2 113=8 Feb. 9
758 86 Jan. 3 91 Feb. 9
57,374 71% Mar. 7 79% Jan. 14
500 18 Mar. 9 27 Jan. 15
1,656 97 Jan. 2 106% Feb. 2
100 1978 Jan. 2 24% Jan. 4
120 90% Mar. 6 96 Feb. 3
280 73 Feb. 19 93 Jan. 15i^
230 100 Feb. 18 111 Jan. 14«
6% Jau. Ifl
300 4 Feb. 26
100
9 Mar. 12 12% Jan. 141
100 1178 Jan. 7 14 Jan. lal
426 19% Mar. 6 24 Feb. Ti
9,945 60% Jan. 2 68% Feb. 67,452 26 Jan. 2 4078 Mar. 13
210 93 Jan. 21 95 Jan. 6
481 100% Jan. 22 104% Feb. 3
1,075 11% Jau. 2 14% Feb. 10
140 57 Jan. 2 70 Jan. 29
400 23 Jan. 2 31% Feb. 10
2,445 17% Mar. 7 21% Jan. 14
500 48% Jan. 7 54% Feb. 10
25,053 32 Mar. 9 41% Jan. 15
323 254% Jan. 9 271 Feb. 3
3,046 15% Jan. 2 1758 Feb. 10
1,061
7% Jan. 6 11% Feb. 17
1,220 28% Jan. 6 40% Feb. 18
570 13% Mar. 12 16% Jan. 14
396 53 Mar. 7 57% Jan. 14
9,980 21% Jan. 2 30 Jan. 14
30,229 63% Jan. 2 74 Jan. 30
710 15% Mar. 11 197eJan. 17
14 Jan. 2 18 Feb. 7
1,115 65 Mar. 9 82 Jan. 12
1,262 19 Jan. 5 24% Jan. 14
1,570 14% Jan, 7 20% Feb. 18
21,795 28% Star. 10 34=8 Jan. 8
215 12% Jan. 7 1578 Jan. 14
166 48 Jan. 6 55 Jan. 13
20,657 16 Jhu. 2 19% Feb. 7
1,400 67% Jan. 2 76% Feb. 10
170 23 Jan. 2 37% Feb. 5
965 55% Jan. 2 73% Feb. 28
2,332 100 Jau. 5 115 Mar. 4
120 Jan. 6,122% Jau. 3
10
9% Feb. 26 12% Jan. 14
65 55 Feb. 16' 70 Jau. 16
175 24 Jan. 15I 26% Feb. »
150 85 Jan. 5' 88 Jan. »
660 100 Jau. 2111 Feb. 6
3.145 23 Jau. 16; 31% Mar. 2
4,430, 1 27a Mar. 10 16% Jan. 14
1,000 16% Jau. 2: 20% Jan. 13
61 Jau. 13, 61 Jan. 13
81%.Ian. 12i 88 Feb. 16
23,630 4158 Jan. 261 48=8 Jan. 14
400 21 Jan. 2 24% Jan. 14
Jnn. 14
810
8=8 Mar. 10' 11
3,205 1678 Jan. 2' 21 Jan. 14
1,725 29% Jan. 261 35% Jan. 12
l,8ia 67% Jan. 2 7476 Jau. 14
2,095 18 Jan. 2 23% Jan, 14

20=8
20% 20% 21% 21% 21
21
21
21
46% 46% 46
47
•45% 48
•45% 49% •46
49
47
47
73% 74
73% 74% 74% 75
71% 75% 74% 75=8 75
85% 85% 85% 85% 85% 85% 85% 85% 85% 85% 85% 757a
85%
Chicago Gas Co
4058 41%
41
4158 42%
4l7e
42
42% 4178 42% 42% 43%
Colorado Coal & Iron
34% 35
35 <4 3558 3573 36% 36% 38
37
38% 38
38%
Consolidated Gas Co.
94 '8 95
94% 95% 95% 96
9576
95% 95% •95% 96
Distilling & Cattle Fecd'gCo
43% 43% 43% 43% 43% 43% 957a
43%
45
45
44%
45%
447a
Edison General Electric
100 1Q0% 103 103% 103% 103% 103% 104
104% 104% 103% 103%
Jj«clcde Gas (St. l.<)uls)
16% 16% '16
19
1511 15% •15
*15
18
18
16
16
National Cordage Co., pref
100 105
105% 105% 100 100% 100
'101
101 101
105
National Lead Trust
18% 1858 18% 187e 1868 18% 185a 104
1878
18%
18%
19%
187e
North Aiuerlcnn Co
16% 17% 1668 17% 17
17% 17% 18
17% 17% 17% 18
Oregon Improvement Co
"24
26
•23
26
24
24
"24
24
25 %•
25
25
26
Pacific Mall
36I4
36% 36%
37% 3658 37
37
37% 37% 37% •37% 38
Pipe Line Certificates 5
76% 76=8 76% 76% 76
7678
74% 76=6 73
74% 72% 74
Pullman Palace Car Co
190 190
189%
193
189%
189%
189%
193
189
190 190
eilvcr Bullion Cerilflcates...
98
98% 98% 98% 98% 9868 9858 9876 189
9878 995t
99% 99%
lennesseo Coal it Iron
3414 34%
33% 34% 34% .S4% 35
•34%
35%
35%
35
35%
'82
87
•82
•82
85
85
•85
90
Xyettem Union Telegraph ...
SO
80% 79\. PO
«0% 80% 80% 80% so% SOL. SO
81%
S.600
.•aaweeweuie Prices MdM4Mkedi wa»i9m»l9
j ^rceattombgiUBxekang*.,.
| Lowest is ex Oivl lent

Do
pref.
Am. Sugar Ref.Co.,temp. ctfs.
Do
pref., temp. ctfs.

Highest.

Lowest.

Shares.

55% 55% 55% 55% •55% 56% 55% 55%
108=8 109% 108% 10878 109 109%
108% 109
89
88
88
86% 86% 86% 86% -86

•20% 20% 20
•90%
•90%

Texas* Pacific
Toledo Ann Arbor & N. Mich.
16-B 167s '16% 17%
•45
Toledo & Ohio Central
'45
80
60
•80
Do
•80
90
pref
90
Lnlon Pacific
43 14 44
4358 44%
Union Pacific Denver & Gulf
21
21
'20% 22
Wabash
9% 9%
9
9
1758
17
17>4 17%
pref.
„„ I>o
wheeling i Lake Erie
31% 32% Si's 32%
Do
7058 70%
pref.
71
71%
WlscouHin Central Co
miNCellaneoiiH Xtocki).
Amtrican Cotton Oil Co

5778

•55

13% •13% 13% •13% 13% •13% 14

•15
Ohio Southern
65
Oregon R'y & Navigation Co.
Oregon sh. Line & Utah North •20
18
Peoria Decatur & Evansville.

Do

24
75

59% 60% 59%
95% 95% 95%
•25
26% •25
130% 132%
133% 135
134%
17% 17% •17%

7
64
17
113
84
93

.

Do

45
92

47
92

45

90%

.

Klchmond&WestP'tTerminal

47
90

45

.

Phila.&Rea<l., vot. trust, cert.
Pittsburg Cinn. Chic. & St. L.

13.

5%

•92
96
95
96
92
N ashV Chattanooga&St.IjOuls *93
New York Central & Hudson IOII2 101% 101% 101% 102 102%
•12
12% 12% 12% 13
13
New York Chic. & St. Louis
•60
•61
67
65
65
Do
Ist pref. •64
27% 27% 28
28
Do
2d pref. '26% 28%
New York Lake Erie & West'n 17% 18ie 18 I8I4 18 18%
•48
50 14
50 14
50
Do
pref
33
34% 32
33% 32% 33%
New York & New England
New York New Ilav. & Hart. 268I4 268I4 '265 270 265 265
16% 16
New York Ontario & Western 1558 15'e 15'8
16%
8I4
8% S%
8% •8% 9'
New York Susquehan. & West.
•3114 3214 '31 14 32%
Do
32
32
pref
14% 14% •13
Norfolk & Western
14% "14
14%
'52% 53% 53
53
53
Do
53
pref
26% 27
26% 2714 2678 27%
Northern Pacific
71
71% 71 "4 7214 71% 72%
Do
pref

Ohio* Mississippi

March

7558

47

•21
-75

•55
16% •15
>110
113

6412
3514

Missouri Pacific

11.

Week,

Friday,

4T8

25%

7%

-80
pref. 101

Mo.K.&Tex., ex 2dm. bends.

March

Range of sales In 1891.

Sales
of the

Thursday,
March 12

75%
49%

90% 90%
52% 53%

64

& West.

Ix>uls

10.

1301s I2914I3OI4 I3014 130%
134% 133% 134=6 133 131%

.

Do

March

Wednesday,

83

Jan.

53% 5378 5378 55
99,347 50% Jan.
109% 109% 110 110 '110 111% 110% 110% 1)1%112% 2,100 105% Jan.
102% 103% IO214 103% 102% 103% 1U278 103% 103% 104% 13,438 102% Mar.
135 135
133 133
395 133 Mar.
133% 135
65% 64% 65^8 65% 66% 65% 657e 65% 6658 49,022 63% Mar.
64% 64
'22
21
•21

*75
58I4
•94
*25

Columbus Hocking Val. & Tol 129I1!
Delaware & Hudson
Delaware Lackawanna iWest 133%
16^8
Denver & Rio Grande .
East Tennessee Va.

•4%

•46

. .

Do

Chicago Rock Island & Pacific.
Chicago St. Paul Minn. & Om,

Tuesday,

25% 2478 2514 25
25% 2478
4% 4% 4% 5%
5% 5% •4%
•75%
75%
76
75%
76%
76% 7558
75H!
48I4
49
49% 49% 49% 4968 4958' 50
49
48
113
115% 117
113% 114% 115% 117
112% 114
114 115
2914 29%
•28%
29
29
'28*1 29% •28% 29% •28% 2914
18
17% 1753' 17%
1758 176e •17
I6I3 16%
le's 1714
50%
50
50% 50% 50% •49
•48
50
'4813 51
51
29% 29% 30
2914
30
30%
29
'28% 30
*28
31
'124
'124
126
124
127
124 127
126% 126% 124 126
•10
'10
*10
12
10
12
12
•10
•10
12
12
77% 76%
75% 7612 75% 77% 76% 77=8 7678 77% 77
25J4

&

Atlantic

7.

Monday,
March 9.

2

1

MARcn

THE CHRONICLE

14, 1891.]

419

NEW YORK STOCK EXCHANUE PRICES (ConUn\ml)-iyACTl7E STOCKS.
Xar.

iNAcnTE Stock?.

Ask,

Bid.

IndlratcB unlisted.

II

Sange

13.

{lalei)

Lowett,

in 1801.

Pittabnrt;

Alhuiiy

&

100 35
100 180

Hii8qu«liaiini»

93
Atlniittt&CliiirliiHo AlrL1I....100
125
B.Olpvlllp A South, ni. pref
Hi.ston A N. Y. Air Mue pref . 100 101
Brook Ivn Kloviiledr
100; iOh
100 135^
Pitts
Uiitriilo" Kocbc8t«r
100 t'?"*
Prpfema
Burl. Codivr Rniilds <fc Nor
lOO, 20
Ciiliforula PacllfoH
.....100
11>b
100
5>4
C'i'dnrFnIlsA Minnesota
Clov.-lniul A IMtlsburi?
50 U50
ColumWa A Uri'pnvllle pf
100|
lOOl
4>9
l)i>» Moines A Fort Dodge
.

A

Atlan.lT

Pr<^ferrO(11I

100
100
100
100
100

15

A

No

Mar.

3\ Mar.

7

148

Feb.

5
152

50 J31
100 *175

5%

90

97

13
2

15

4

7

100
100
100

Feb.
Jan.
Jan.
Jan.
Jan.
Feb.
5 Jan.
143 Jan.
104 Jan.
I7I4 Feb.
6
Jan.
149 Jan.

8

.301a

63
18
85
105

40

2819

I4I9

II6

lOOi
lOOl

79%

16

SuKar Refln. Co. trust rect8.'i..l00
15
Texas Paciflc Land Trust
100
17
U. 8. Express
100 t68is
Wells, Fargo Expresii
145
..100 135

1

SECURITIES.

1906

95

1920] 104

Currency funding 48

Arkansas—«)8,fuud. Hoi. 1 899-1900

H

l.W
4
1914 105

do. Non-Holford!

—

Stamped 49
Mlasouri-Fuud

New York

KR

{

91%

|

1894-1895, 104

City

Bank Statement

for the

OapitoL Survlut.

Bank

New

of

Manhattan

York...

Co..

Merchants'
Xechanics'
America.
Thenlz.
City
Tradeamen's

.

.

CbemlcU
Merchants' Exchange
eallatln National....
Drovers
fiatebers'

A
leehanlcs' A Traders

Greenwich
Iieatnet Mannfact'rs.

Seventh National
State of

New

York....

American Exchange..

Commerce
Broadway
Jfercantue

,

Paciflc

Bepubllc
Obattaam
Pewles'

,

Hoith America

Banover

760.0
300,0
600,0
1,000,0
300,0
200,0
200,0
600,0
300,0
1,200,0
6,000,0
6,000,0

A Fulton
Nicholas
A Leather

Market
Shoe

Com Kxchange
ConUnentul

A Traders'

Park
East Hirer
Fom-th National

2)7.!l

6.909.4
8,488,0
14.'^23,4

in all eases.

L626,7

*22,7
1,600,0
460,0
200,0
700,0

400.6

5.368,5
8.0^4,0
2,394,7
10,819,8
6.1,56 6
2,308.0
3,103 8
13,404.7
2,962.0
2,978,9
2,832.2
3,791,6
1,873,5
2,710.0
6,369,2
1,326,8
2,100,0
21,444,0
21,988,7
1.173.3
17.967,4
7,159.0
i,3V4,0
6.017.2
23.747,5
3.431,0
1,438.7
3.406.0
2,729,3
2.821.9
10,550,0
4,357,3
2,879.8
2,489,1
3,980,1
8,725,5

3,02.'i,7

735,(i

301,5
661.4
1,607,4
303,2
427.2
208.2
732.9
122 5

2«7 4
1,1787
!)04 8
400.7
4,9.17,8

2,485.7
142.6
1,7'.'8,0

6(!5,7

324,5

313
8.653,3
«0.0

141,3
483.0
537,4
262,9

938
767,5

4899
453,8

600 5
308.8
331,5
289,8
609,4
252,2
174,3
S93.2
263,7
776,3

_

3.3.'59.2i

1,790,91
4.3t>6,0
1,794,0:
4,114.0:
l,498.0i

10,154,5
3,650,0

Letatt.

S
1,070.0

193.0

600.0
600.6
703,0
1,501,1
314,0
1,238,0
237,5

6,469.7

l,8U8.<i

628,3

418.8
292,0

822.0

l,9;tf),8

9.=^3,3

«
1,820.0
1.764.0
1.322.8
1.474,0
2,053.3
6,861). I

2,087.0
1.157.4
2,681,4
1,224,9
3,447,1
17,506.0

131,3
687.0
88.0
468,8

Sptcit.

t>,663,l

2,113,5
21.750.5
3.407,0
6,233,9

1,001,7
588,1

62,2

220.0
224,0
154,0
127,6
356.2
498.0
63,1>
310.2
335.9
268.4
983.0
4,014,0
782,1 2,81.5,2
318,5
991.3
974.8
1,649.2
256.2
400.7
1,498.9 1,628,4
684.8
999,1
179,2
231.4
407,7
660,2
3,325.2 1,071,3
30.5,2
460,1
636,1
148,1
391,3
808,2
779.6
828,5
191,5
156.6
301.0
673,0
842.2
181.0
281,6
1,046.8
333,2
181,6
3,5J2.n 2,300.0
4,483.4 1,888,3
128,8
185.1
3,398,2 1,196,5
272,0
1,951,0
47,0
1,321,0
231,5
657,0
840.1
4,611,7
339,5
669.6
90.B
256,0
195,0
«00,0
128.3
810,0
86,1
£13,9
2,086,5 1,153,3
145,4
l,0l7,',i
699,7
131,1
9.5,8
484.9
64.0
1,0'26,7
302,2
1,051,4
J88.5
682,6
419,5
228,2
298,3
1,017.0
239.0
230.0
398.9
848,0
20O.0
188.0
1,045,2 1.226.4
175.0
799,0

DtvoHU.

Feb.
15 Jan.
24 14 Feb.
123 Feb.
82 Feb.
101 Is Mar.
15 Mar. 21 Jan.
10 Jan.
26 Feb.
721s Mar. 79 Jan.

15 Mar.
lO^s Jan)
1031s Jan. 107 Jan.
26 Jan.
231s Mar.
50 Feb. 60 Jan.

16
15

16
17

Mar.
Jan.

73

73%
38
O^ij

Mar.
Mar.

81
76I9
42^8
12

Feb,
Jan.

39i« Mar.

44

FelL
23
Jan.
38
6''8
514 Jan.
38 Jan.
40
56''g Jan.
89^8
14 Mar. 16H
65ieJan.
70
137 Jan. 145

23
34

Mar.
Jan.
Jan.

Mar.
Jan.
Jan.
Jan.
Feb.
Feb.
Jan.
Feb.
Feb,
Jan.
Jan.

Feb

.

13.

SECURITIES.

Bid.

96

Ask.

York.

Feb. 7...
"
14...

Comi romise, 3-4-5 -6fl

New

671s

1912 71
1913 102
1913 99
1913 71

settlement, 6s

58
3s

100

102
711*

Virginia—68, old
68, consolidated bonds
6s, consolidated, 2d series, rects.
6s, deferred, t'st rec'ts, stamped

8ifl

Boston and Philadelphla'Banks

City,

Captlat (X
^urpliM.

Loan*.

L^oalt.

Specie.

$

»
132,495,5 397.802,0 88,810,1
132,495,5 401,964,1
132,49.5,5 403,522,1
13"2,495,5 403,881,8
133,649.9 404,823,7

JiepotiU.i ^l«Y.t*n Cltarimtt.

9

9

88,385.9
83,909.4
81,301,0
78,667,8

3.5,518,,4 418.;
.31.3,3 3.407.1 663,491,1
!.9'.7.6 3.534.4J80I1.74»,»
34,838,,2 418.i
'.,562,7 3.540.3 950.306,3
35,804, 3,410,!
35,935,,8l414.<
1.426.1 3.49«.6 483,439.8
35,431, 5 412,473,3.3,523,5 6'20,593,3

'•
•
21...
" 28...
11,530,0
10,868.0 Mar. 7...
6,968.9
H*atan.<
7,330.0 Fob. 21...
498,0,3,261.0 89,360.5
66,842.9 155,252.9 9,768,0 4,625, 8 138.498,0,3,261.0
•'
13,995.2
28...
935,9 3.228.1 73..S35.7
65,842.9 154,369,4 9,736,9 4.362, 11128.935,9
4.447,0 Mar. 7...
908,03,243.6 90,756,3
66,343,9 ]54,37'2,1 9.867,4 3,820, 1 126,908,0,3,243.6
13.702,1
Pkila.2.007,3 Feb. 21...
25.550,0
489.0 2,181,0 62.541,3
36,793.7 97,262.0
"
23.739,5
28...
35,793.7 86.679.0
25,396.0
289,0 2.173,0 64.961.9
3,989.7 Mar. 7....
437,0 2,171,0 65,019,5
36,793,7 95.992.01
25,609,0
4,478.5
• Wt OfrtU tioo eiphtrt in alt thai Hqutu,
Inoladlng,
for Boston and PhL'a
t
1.878.6 daiphla, the item " due to other banks.*'
2,120,0
1,111.7
City Railroad Securities Brokers' Quotations.
2.818.2
125
Drv Dock E. B'y & B
1.366.9 AUanUe Av., B'klyn.St'k.!
Oen. M.,5'i, 1909... Ai&O 105 107
i^0rtp6a
FAAlOl ICS
2,614,0
205
27
Blghth AT.— Stock.
16,850.0 Bl'ckerat. <& Ful. K. -Stk.! 24
EighthAT.— Scrip, 6s,1914 105 107
Ist mort., 78., ItfOO-.JJtJjllO
112
13.3:6,8
Br-dway t 7thAv.— St'k 300 205
43d A Gr'nd St. F'ry— Stt 235 343
4.333.1
107
Ist mort., 78, 1893. A&O, 104
103
1st mort., 6s, 1904 . J&D 106
8.877.1
42rtSt.Maah.A 8tN.Ave.| 37
40
Sdmort.,58, 1914...JJtJ 104 106
2,674.8
'24 104
112
B'way Ist, 58, gu
106
l»t mort, 68. 1910..
114
11.610.9
Snd 58, int. as rent., '05. 96 100
55
2rt .5f,, lncom6,88....JAJ| 60
6,593,4
167
170
Hoast. W.8t.<t P.F'y—.Stk.|300
2,906,7 Brooklyn City— stock
ioi"
1st mort., 58, 1902. .Ji&J 100
103
Ist mort., 78, 1691..J4J 100
3,864.6
B'klyucroMt'n 68., 1908 108 110
Ninth Ave
1(0
14.372,1
'106
110
103
Second Ave.—Stock
2,988.0 Bkn.C'y.tN'u5»,ly38 JAJ 100
106
1st mort., 5s, 1908. KANi lot
3.038,3 Antral Crosstown— St'k.. 160
,225
Ist mort., 8.s,19'22.M4N 117
120
Sixth Ave.— Stock
3.208.2
335"
..|275
120
Third Ave.— Stock.
3,952.9 Oent. PI1.N.& E.Riv.— 8tk. 119
Consols. 79, 1902 ...JAD 116
117
JAJ 107 ii«
Ist 31.. 6s, 1937
1,782.0
140
Twenty-third St.- Stock.. 230
3.280,0 Dry Dk.E.B.4 Bat'y— Sik. 136
Istmort.^ 7s, 1883..J<fcO 103
105
106 107
1st mort., 7s. 1893
6.137.B
4,927,6

—

I

MAS

1

2.0,30,0

41,686.0
25.508,9
1,064.8
17,986,7
8,093.0
5,197,0
4.829.8
22.807.1

Bank Stock
BAHKS.

Bid.

— Latest prices of bank stocks this weelc

List

Ask.

213
4>arioa
Am. Bxoh... 1S3
Atbutj Park

214^4

Bowery

302
Broadway... 280
Batohs'AUr. 170

812
290

Central

137

155

BANKS.

I

Bid.

120

126
340

Ninth
Irfth Ward.. 150

360

Qarttold

Am.

Chatham

Chemical

Irving.

4.60.i.x

3.245,9
2.818,3
4.087.7
4,418,1
4,133,7
2,038.2
5.074.3
1,8»K,0
4.645,0
1.260.0
9,030,7
3,699,0

Oontinental 138
Com Excb... 'J49
Deposit...... 110
Bast Kiver.. 160
llth Ward... 200

140

265
120

PifttaAve.... 1700
300
Fifth

Urst

a

2000

First N.,
1. 105
liUi street.. 174

116
Vii'

170

Leather

M fa'

Lincoln
Manhattan...
MarketA Foi
Meohaaics'..
Jfohs'ATrs'.

N.Y.NaLKx. 132

170

N. America.. 167
North River.
2i6"
Oriental
J 80
Paolflo..

S70*

Park

270

People'a,
Phenlx...

190

245
300

179"

226
200
200
aCeroantlle... 230

210
325

ICercbanta'.. 166

163

MeroIi'MBx. 123

136

....

Pimluce Ex.
Ropubllo
Seaboard
Second
...
Seventh

335
38U
116
165
167
825
126

SboeALeatb.

Metropolitan

120
State of N.r. 107
108
Thlrtl..

Metropolis... 400

Tradesiaoa'a.

Morria ..
Marray HIU. 300"

ait.

Veorth

Bid.

Qennan Ex. 320

2.5'38.4

350
400 425
4600 4900
460
City
165 175
Olttsans'
Columbia
250
Commerce.. 196 199"

1

N.Y. Coanty.iOOO

Clerman

Chase

BANKS.

1

32J

12,14M,7

IM

Ask.

310
360

9allaUn

300
Gtormaula
Green wloh... 140
35U
Hanover
Had. River.. 126
Im. A Trad's' 540

3,3liJ.5

1,367.7
2,637.0
3.1H7.0

'60.672.7 62.977,2 404,823.7 78.867.8 35.t31.6 413.473 3

'

Banks.
!f.

4,777,0

19.'i07,7

3,200,0
2,000,0
800,0
Ninth National...
750,0
First National....
"
600,0
Third National
1,000,0
N. Y. Nat'l l^xchange
aoo,o
Boweiy
250,0
New York Connty.'.'.'!
200.U
Oerroan.Amorlean.
760,0
Chase Nitional..
600,0
Fifth Avenue....
100,0
Oenuan Exchange.."
200,0
Oerniuuia
300,0
cnite.1 states...;;;.'.";
600,0
Uacoln
800,0
Oarfleld
200,0
Fifth Naiionai. .;;;;;;
160,0
800,0
200,0
Beaboard..
600.0
Sixth National.;;;;;;"
200,0
Western NatlonsL... 3,500.0
FlTit Natloual.B'klyn
300,0

Total ........

668,8
2,427.0
98,0
6,456.5
137,6
1,493.8
302.4

l],03.i,0

1,710.0

250,0

Central National
Be<:on(l National.

1,934,9
2,020,7

12.170.0

3,.572,8

1,000,0
1,000,0
300,0
1,500,0
2,000,u

OrlecUil

«
."i

1,4.57.8
9'22.2

1,000,0
1,000,0

600,0
600,0
600,0
760,0
600,0
500,0

ITassaa

Importers'

<
1,803

1,000,0

firing
^ttiens'.....
St.

t
2,000,0
2.060.0
2,000,0
2,000,0
3,000,0
1,000,0
1,000,0

Loam.

New York

week ending March

UAMKS.
(00> omitted.)

190

B.C. (cont.)— Brown consol.6».1893
1893-1898
Tennessee— 68, old

Ask,

Bid.

1893 102
North Carolina—68, old
JAJ 30
103
Funding act
1900 10
low's
New bonds, J. A J. ...1892-1898 20
15
Chatham RR
4
7
180
Special tax. Class 1
4
7
10
Consolidated 4s
1910 96% 97
68
1919 124 127
93
Rhode Island—6s, cou.. 1893-1894 102
South Carolina— 68, non-fund.1888
3iSi
4

We omit two ciphers (00)

7, 1890, is as follows.

I4i*Jan.

- -

New York— 6s, loan

1006, 103 14 104
19061 10618110

Class B, 58
Class C, 48

7s. Arkansas Central
liOiilslana "s, cons

SECURITIES.

Ask.

Bid.

5

week.

NEW YORK STOCK EXCHANGE VRICK^.—STATE BONDS MARCH
Alabam.i— Class A, 4 to 5

Jan.
Jan.
Feb,
80 •« Jan.
01* Feb.
14>a Jan.

Feb.
261s Jan.
3>s Jan.

142 Jan.
11
Jan.
2313 15% Jan.
121
113 Jan.
81
80 Jan.
98 Feb.

l^uekovc l*h>o Lfno
....
Chic Juno. Uy. A Stock Yards. 100 '
Preferred
lOo! ....
85
1 00
15
Colombus A HocklnK Coal
16
Commercial Cable
100 106 109
Consol. Coal of Maryland
100 234 26
Laeledo Gas, pref
100 •50
521s
I-chlKh A Wilkes. CoalTI
15
20
Maryland Coal
100
14
17
Minnesota Iron
100 173
74%
National CordagcCo
$79% 76>S|
National I.inscedOll Co
100 139 le
New Central Coal
100 :io
Ontario Silver Mining
100 140
Pennsylvania Coal
50 260
Phila. Natural Gas
50
Postal Teleffraph — CableU
40
Qnieksil ver Mining
100
t5%
Pre f erred
100 37
40

5
1481s Mar.
110 Mar.
21 Feb.
8
Jan.
I5214 Mar.

39
Mar. 183
Jan.

100

American Tobatico Co., pref ...100 JlOl
Urunswiek Company
lOOi }15

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

niglUMt.

15

Am. TelcKraph A Cable

Jan.
Feb.
Feb.
Feb.

801s

9

t8

|

241s Feb.
84 Jan.
8% Jan.
8 "a Jan.
2^ Feb.
92 Feb.
16 Feb.
3 Feb.
III3 Feb.

Mar.

28
55
15
871s 85
100 105
36

20

12
6
15

Feb.
5»« Feb.
12^ Jan.
18% Jan.

28
179
9

189

Ifllacellaiieoaa Stoeka.
Adams Express
100|tl49l»
.\mcrican Cattle TrustIF
A nierlean Cotton Oil truat rec.lOO,' 122^

Jan.

Lowat,

10<>

VlrKlnla.Miilland

Mar.

Jtaiv<(M(«fl<iil891.

A«k,

60;

Amcriean Express
5

12

2 Jan.
901s Jan.
14 Mar.
1
Feb.
7 Jan.

latest price this

30 ij Feb.
775t Mar.
25 Feb.

!

4>8 Feb.

6»«

22

3

Texas

price Friday;

22

35
14

evi Jan,
6ia Jan.

Preferred

*

Jan.
Jan.

78

100
50 75
50 90
Memphis & Charleston
25
Mexiean National
100
Morris A Essex
50
100
N. Y. l,aek. A V.'sstem
N. Y. A Northern pref
100 la's
Penria A Kasleni
100
5
Pitts. Ft. Wayne A Chicago.... lon ;151

Mahoning Coal

86^ 20
77\ 74

10

lOOj

A Western

Preferred
Rensaelaer A Baratora
Joseph A Grand talaud
Louis Alton A T. H
Houth Carolina
Toledo Peoria A WestemU
Toledo St. Louis A K. CltyH

Fob,

Feb. 1103»9Feb.

7

50
Kinsston A Pembroke
Evans. A 8t. Lo., cons. 100

Louisville St. L.

100

7*
2

Loiilsv.

Bid.

Ht.
Ht.

14

12

167

Feb.

28>a

•Ik

Fliut A Pore Marquette
Preferred
Gairgia PaclfloU
100,
Graan Bay Win. A St. P8Ul....l00!
100
Botu'.ou A Texa.s Central
Iliinoia Central leased lines.. ..100
Kanawha A Mlelilnan
100
Keokuk A Ucs Moines
100,
lOO!
Pn-forred

Preferred

167

. .

&

rrrferred
Duiuth 8. Shore

170
05

Indiealen aetuat moUm.)

JTop. 13.

iKACTiTB Stocks.
V Indicates anUated.

Bighftl.

HallrnBd Stocks.
Alnbamn A Vl.kl.urKU

(t

16U
York... 340

Nassau

Now

St. Nioholaa.

80
Uult'dSlatw 300
100
Weatara...
West Slda. 300

Ask
140
160

iff"

iia"

iif
iSi"

160
123
113

US
lOOH

I

THE CHRONICLE.

420

iVou

BOSTON, PHILADELPHIA AND BALTIKOfiE STOCK EXCHANGES.
Sales
^P" Sbare Price* — not Per rentum Prices.
March

Tuesday,

Monday
March 9.

Saturday,

25%
Atch. T. & 8. Fe (BoatonJ.lOO
-iH
••
100
Atlantic <& Pac.
Baltimore & Ohio (Bait. J. 100 *85
"
100
let preferred
"
100 1131s
2d preferred

7.

2514

25'8

March

2578

458

82

1

181-2

7638
5278

36

37

36

37

761a 77I4
5258 531a

50
I8I4

IfeH

82
23

82

8214

82

23
82

'75

79

211a
4414
501*

•42
5018

44

23
83

21

2014

32%

501a
20^8
331s

66I4

2679
711*

261a
7II4

March

Prices of

Atlanta

&

27

27%

7178

7214

51%

814

5612

47%
48
20

{Bait.)

"

(Bait.)

Preferred

*

Roanoke.

{Bait.)

lat prefer^id

,

WestEnd

'•

.{Boston).

Preferred

••

West Jersey

WMt Jersey 4 Atlan.
WoBtern Mjirylaud..
Wmn. Col.* Augusta
WUmiugt'n * Weldon

21% Mar.

514

160

88
199
176

51

16% 16%

18

18

1768

176e

82

83
23
76
21

83

83
23

"76""

2J

4968

27 14
72

108

108
66I4

""2''7%

27 14
72 14

72
I6714 167% 167
51
51% 51
28
28

•229

258

•8%

8

195% 196% 197
4114
I5I4

"2"i%

44

44

49% 49%

4958

140
20

20% 20%
3314

197

41% 41%
*15

3368

108
66 14
167

51%

51%
29

30

"14%

15%

8%

167

15%

'229
8

197

197

45
230

'50% 51
1714

17%

•19

20

20

46%

4678

5OI4

50 J4

46% 46%
50% 50%
17% 17%

17% 17%

19

20

25

25

2178

2178

was made.

X

50r
55

49%

77

50'
50'

Ask.

1|

4278
25I4

43
2514

'21% 22

Ex dlvid end.

43

43

8

200

19
I77e

2514

2514

42% 42%
25% 25%
21
21%

*21% 21%

Bid.

Inactive stocks.

Jan.

Mar.
Jan.

Mar
Jan.

1221 43% Mar.
859| 49 Jan.
140 Jan.
9.8401

19% Mar.

32% Mar.

803 102% Mar.

65% Jan.
21% Jan.

9,7681 635e Jan.

54 105
3,632 50%
114 28
34,811 14%

Mar.
Jan.

Mar.
Mar.
Feb.

42 Jan.
23 225 Jan.
209
7% Jan.

46% 465e
50% 50%
1758

Mar.
Jan.

3,680

41% 41%
137e 14%

41% 41%
14% 15%

Mar.
Jan.
Jan.
Jan.

514 Feb.

4%

44

Jan.
Jan.
Jan.

7573 Mar.
Jan.

165
82
20
'"'li' 76
100 17%

3,432

"51'"

Mar.

260| 1763 Mar.

27% 27%
71% 7178

•65% 66

7268

'257%
260 260% '257 260
'55
55
56% •55
56% •54
47% •47>4 48
47% 47% 47I4 47%
•47% 48
•47% 48
47% 47% *47% 48
20

12,057

13,7(10 6 1
152! 41

5,195

27%

230

145

260

19

16%
155 34%
51

20%
34% 34%
107% 108

*50
*47

46% 46%

97 192
47 173
129 198

"i"8"6;

•20%

43% 43%

4978

113

23%

19

19% 2OI4
33% 33%
*05

41

82
23
78

21%

105

36

Highest.
10

4
7
6

12

6

12'

93%

471 tl84 Jan. 29 220
2,387 39% Jan. 21 44%
2,768 13% Jan. 2 17
72 246 Jan. 3 263
49% Jan. 27 55
60 45% Jan. 7 49

24 4658 Jan.
18% Mar.
46% Mar.
20 50 Jan.

1.232
3,015

2,405

12% Jan.

21

Jan.
Mar. 10
Feb. 5
Mar. 13

5,15"5

(Ex

rights.

41%

396 25
2,360

50
24

48%
52

19%
89%
49
26

23%

Jan.
Feb.
Jan.
Feb.
Feb.
Jan.
Jan.
Jan.
Feb.
Jan.
Feb.
Feb.
Jan.
Jan.
Feb.

Bid.

Bonds.

Ask.

32%

Jan.
Jan.
Jan.
130% Jan.
113% Jan.
3 205
Jan.
12 183% Feb.
2 209% Feb.
2 20% Jan.
2 40
Feb.
7 93% Jan.
2 57% Jan.
13 51
Jan.
28 24 Jan.
4
7 Jan.
13 20 14 Jan.
7 169 Jan.
9 85% Jan.
5 25
Feb.
12 85 Feb.
2
23 Feb.
12 46% Jan.
5 51
Feb.
13 146 Feb.
lOi 24% Jan.
9 4168 Jan.
9II6I4 Jan.
5 66% Feb.
2 2968 Jan.
2 74 Feb.
5,168 Jan.
2 52% Jan.
10 32 Feb.
10173, Jan.
658 Jan.
5
26 48% Jan.
5,230 Feb.
2
9 Feb.

458 Mar. 10

85
127

10!

44% 44%

4214

12
2fr

17
20
5

13
19
2
13
14
9
5
6
IB
15
5
10
13
10
9
3
11

14
15
15
6

1»
10
ft

14
10
7
12
12
5

II
14
26
14

9
27

14
7
9
10
9
17
10
31
5

7

Ask.

1919, Var 111
1 913, J&D
3% 3% Collat. Tr. 4% g
94
1178 12
Pa. & N. Y. Canal, 7s. 1906, J&D 120%
Consol. 5s
1939, A&O
Bonds.— Boston.—
At.Top.&8.F.100-yr.4g.,1989, J&J
Perkiomen, Ist ser., 58. 1918, Q— t'.'.'.'.'.'.
76%
8
100-year income 5 g., 1989.8ept.
40% 4058 PnUa.& Erie gen. M. 5g.,1920, A&O
112%'
Burl. & Mo. River Exempt 68, J&J ill3
98%
1920, A&O
113% Gen. mort., 4 g
Non-exempt 68
Phila & Read, new 4 g., 1H5.S, J&J
1918, J&J (105
79% 79% ,1
50
Plain 48
Ist pief. income, 5 g, 1958, Feb 1
4K
1910, J&J
87
Chic. Burl. & Nor. 1st 5,1926, A&O il00%
25
2d pref. income, 5 g, 1958, Feb. 1
32% if" il
2d mort. 6s
3d pref. income, 5 g, 1958. Feb. 1
26
1918, J&D 1100% 101
27
Debenture 6s
1896, J&D ,100 101
2d, 78
1893, A&O 109%
Chic.Burl.&Quincy4s..l922,F&A
Consol. mort. 7s
1911, J&D
87
i'so"
88
170
Iowa Division 4a
1919, A&O
Consol. mort. 6 g
90
1911, J&D 116%
92
Chlc.& W.Mich, gen. 5s, 1921, J&D
92% 93% Improvement M. 6 g., 1897,A&0 105%
60
Consol. of Vermont, 5s. 1913, J&J it8s%
Cou.M.,5 g.,8tampcd,1922,M&N 101% 101%
Current River, 1st, 5s. .1927, A&O
Phil. Wilm. & Bait., 4s. 1917, A&O
100
Det. Lans. & Nor'n M. 78. 1907, J&J
Pitts. C. & St. L., 7s.... 1900, F&A
115
111
67% Eastern 1st mort. 6 g., 1906, M&S >122
Po'keepsie Bridge, 6 g.l936, F&A
40
47
pree.Elk.&M.V.,lst, 68.1933, A&O )l
Schuyl.R.E.8idc,lat5
J&D
g.l935,
tl05
124
Unstamped Ist, 68.... 1933, A&O 115 116
8teubeu.&Iud.,lstm.,5s. 1914, J&J t
United N. J., 6 g
1 894, A&O
106
S-9:'i*JP""8-ls*,5s-,1925,A&0
100
K. C. F. S. & M. con. 68, 1928, M&N
107% Warreu & Frank., l3t,7s,1896,F&A 107%
K.C. Mem. & Bir.,1 8t,58,1927, M&S
Bonds.— Baltimore.—
90
,
.
K.C. St. Jo. & C. B., 7s. .1907, J&J (117%
Atlanta &Charr, 1st 78, 190'(, J&J 119% 120
L. Rock& Ft. S., lst,78. 1905, J&J
Income 6s
1900, A&O 104% 106
Louls.,ET.&St.L.,l8t,6g.l926,A&0
Baltimore & Ohio 4g., 1935, A&O 101 102
2m.,2—6 g
1936, i&O
Pitts. & Conn., 5 g...l925, F&A' 107 jl09
Mar. H. & Ont., 68
Staten Island, 2d, 5 g.l926, J&J
1925, A&O
Exten. 6s
Bal.&Ohio 8.W..l8t,4%g. 1990, J&J "'94%: "g'lj"
1923, J&D 100
,o^.
120
Mexican Central, 4 g... 1911, J&J 70% 71% CapeF.&Yad.,Ser.A.,6g.l9l6, J&D 103 103%
l^t<'<'"isol.lncomes,3g,non-cum.
Series B.,6g
1916, J&D 102
34%
102%
"oo-,-'
Series C, 6 g
1916, J&D 102
§?!* »^4"?°5?'- incomes, 3s, non-cum.
102%
21
*^-^"«l8t,7s,
J&J
Cent.
Ohlo,4%g
M&9 101
1905,
.120
1930,
120%
«n^n^-,\'
B9
Istmort. 6s
1905,J&J
115% Charl. Col.&Aug. Ist 78. 1895, J&J 108 l'<)8%
39
2dmort. es.j*
1902, F&A 101% 103
Ga.Car. &Nor. Ist5 g.. 1929, J&J 102 102%
2d morty scaled, 5s... 1902, F&A
North. Cent. 68
1900, J&J 114
114%
Ogden. & L. C, Con. 6r. 1920. A&O >tl04 103
6s
1904, J&J 115 116%
Inc.6s
1920 ;t
Series A, 58
1926, J&J 108%
Rutland, 1st, 6s
i'962, .M&N
4%s
1925, A&O 104
Oxf.&Clark.,lnt.gu.,6 g.l937,M&N 101
1898, i&A Iib6%
102
'c?"-j
Piedm.&Cum.,l8t, 5 g. 1911, F&A
102%
Alleg??n"^.V^.':7^y»lt'?l'a?;j&J 109%
Pitts.&Conuells. Ist 78.1898, J&J
^Atlantic City 1st 58, g., 1919,M&N 104
:i:
% i05% Virginia Mid.. Ist Us. ..1906. M&S;
Belvidere Del., Ist, 6e.. 1902, J&D
2d Series, 6s
1911 M&S 115 116
Catawissa, M 78
19OO, F&A 113
3d Scries, 6s
1916, M&S 107
Char. Cin.& Chic.lst 5g,1947, (D—
4th Series. 3-4-5s
80
1921, M&S
Clearfield &Jeir., Ist, S.192'7,
J&J i'ls"
5th Scries, 5»
1926, M&S
99 '100
£"n"f«=Uiig. 68
1900-04, M&S
West
Va.
C. & P. Ist, 6 g. 19 1 1, J&J 108% 109
Del & B'dTlr'k, ist, 78.1905, F&A
West'n N.C. Cousol. 6 g.l914, J&J
112
lstM.,58. 1920,
Wilm. Col. & Aug.. 68.. 1910, J&D i"l'7"'ii"l"9"
"fl
^f^^^^i",-?.!?-

Thom.Europ.E.WeldH {Boston) 100
"
iWater Power
100
Westinghouse Elec.H
"
50

55

62% Penna. Consol. 5s, r

. .

I

I

i

Il

t

50!

I

;

.

100
100

1

i(K)

60
50

I

••

"
"

50

|l

50,

100
lOO
Wlseonain Central. (Boston) 100
Preferred
••
100
Worc'st.Naeh.&Rooh.
'•
100
MISCELLAKEOCg.
AUouez Mining
{Boston). 25
Atlantic Mining^
••
25
CHy PassengerTSB... {Bait.) 25
Bay State (ias
(Boston). 50
••
Bo«t(m Land
xo
Centennial Mining...
•'
10
Fort Wayuc KI<-ctrlcTi
"
25
Franklin Mining
"
25
Freuchm'n's Bay L'nd
"
5!

.

I

I

;

••

!

I

«

25'

•
"

iqq
Kearsarge Mining
25
Morris Canal guar. 4. {Phi/a.). 100
Preicrrcd guar. 10
'•
loO
Osceola Mining
{Bosloti). 25
••
Pewaliic Mining
25
Pullniau Palace Car.
"
100
Qolucy Mining
•
25
Tamarack Mining
"
25
Tlioms'nElec.W, .i'V<i
••
100

M&N

I

J&J.
3%l S'™l''%*,y!l"'-K6s.l910,
Hunt &Bi-d'rop,Con.6s.'95,A&0 101%
102
-^"fi^'ss
1914,
Q-J 108%
Tin.'
12% H'iH"
2d Os, gold
1897 J&D 111% H2
Oeueral mort. 4%8,g. 1924' 0—F
80
y^ney, 1st 6s. 1898 J&D 114 102
<i7i:
d7% H^''5J'
2d 78
1910, M&8 133
Consol. 6
1923 J&D 128% 129
192
North Penn. Ist, 7s...".1896,'m&N 113
100
Gen. M. 78
1903, J&jl 124%!
146
Pennsylvania gen. 6s, r..l910, Var! 128
130
200
Consol. 68,
1905. Var 117
r Last price this week
I

1

.

. .

!

(.

^ Unliaied.

27,492

76% 77%
5376 54%
41

"14%

4II4

{PhUa.) . 50
{Ball.).

Huron .Mlnliic
Illinois Steel fl

*47% 48

41% 43
'2514 25%
21% 21% 217e

Pennsylvania & N.W. {Phila.) 50
Kaleigh A Qastou ....
{Bait.) 1 00
Kutland
(Boston). 100

Seaboard

25%

•5

1478

4312
251a

Northeru N. H
(Boston). 100'
North Pennsylvania. {Phila.). ao,\

Parkerst)urg

Lowest.

57

90
250

50

56%
47%

36

37

77% 77%
53% 5376

4468

I514

258

•55
*47

•35

14%

41

51

50
50
t

199
175

200
173

4414
229 229
'229
8I4
*7%
8

1515

51
1678

(Boston). 100
{Phila.).

28

41 14

18% 20
46% 47I4

Bid.

501

40%
15%

47I8

"
lOol
•
lOO
(PhUa.). 50|

Manchester & Law..
Maryland Central
Mine Hill & S. Haven
Nesquehoning Val

28

193% 193

258

260

50

8

193

194

Har.Ports.Mt.Joy&L.
••
50
Kan. Cy Ft. S.&Mem. (Boston). 100

&Birm.

51%

14]4l4l3,g

1

Little Schuylkill

5078

43% 44%

Charl. Col. & Augusta
"
100!
lb
Cheshire preferred.. (Boston). 100
Connecticut & Pass.
"
lOOi
Connecticut Kiver...
"
100 219
Delaware&Bound Br.(P/ii/a.).l00

K. City Mem.

166

1478

l.Balt.).10O

K.CVFt S.&Gulfpf.

66I4

66I4
27I4

72%

44

13.

"
"

106

431a

•15>s

{Bait.)

105

14%

(iiostoji). 100

Ist preferred
2d preferred
Central Ohio

325e

20%
33%

I518

Charlotte

173

43% 43%

5OI4 X4968

43%

Boston* Providence
Camden &Atanticpf.

200

147

1938

14%

260

Catawissa

50%

43I2

40% 40%

{Phila.).

44

166
507?

•75

21%

14

1021a 108

108

rBa".;.100

Shares.

13.

113% 114%

49% 49%

I8I4

34ie

*8

54

I8I4

20%

194

77 "^

82

51I4

Inactive Stocks.

*4%

•86

90

200
175

5368

82%

141

*55
"
*47
Consolidated Gas
1 00
Erie Telephone (Boslon).lOO
48
Lanison Store Ser. "
50 20
liChi'h Coal&Nav
Thilj
50 4678
N.Enp. Telephone i B-n!Vn)100 51
North American. (Phil. ).10O 1658
Sugar EeflneriesH (Bost^n)lOO
42I2
ThomBOu-H'u El.TI "
25
"
Preferred
2.t
TI
251a
"
WestEndLand..
*21ia
* Bid and asked i)rices
no sale

Canton Co

25

2514

•4%

5

88

77

51^
I8I4

*2d

.

200

"5
*18

.

nilttcellaiie UN stocks.
Bell Telephone (Bosttm). 100
"
Bost. & Montana
25
"
Butte* Boston..
25
Calumet & Heela
"
25

25

*35% 37

76% 77%
53
53%

50

51

United Cos.ofN.J.fPAi7o.;lUO
WostemN. Y. A-ParPAite.; 100

5
*83

25%

of sales In 1891.

Week,

Friday,

March

207 207
206% 206% 206% 206% 206% 206% 207 207
*18
*18
\i
17% 17% ISI4 18%
181s *18

207

167

100

200
179

200
177

201
180

199
177

199

Maine Central (Boston).lOO
"
Mexican Central
100 2068
"
100 3278
N. Y. &N. Eng.
"
Prefened
100 108
Northern Central C-B«((.>. 50 *65i2
Northern Pacific (Phila.). 100 26I2
"
Preferred
100 7118

'•

2478

Thursday,
Miirch 12.

113%...... '113%

.

Pacific

45g

83

Wednesday,
March 11.

130

.

Old Colony
tBostonj.lOO
Pennsylvania.. (Phila.). 50
"
Fhiladel. i- Erie.
50
"
Phila. & Heading
50
Bummit Branch (Boston) 50

10.

24% 25%
-85

88

86

Boston A Alhany (Boston). 100 xl99
"
100
Boston & I^owell
"
100 2<)7"
Boston* Maine
M8
"
1 00
Central of Mass.
"
Preferred
100 *36
"
100 75'8
Chic.Bur.&Quin.
52
Chic. Mil. & St. P. (Phil. ).100
CUe. & W. Mich. (Boston). 100
'
50
Cin.8an.cSiCleTe.
5>2
'•
100
eieve. A Canton
I8I4
"
Preferred
100
(Boston) 100
Eastern
"
82%
100
Fltchl>urg pref.
"
1 00
Fl. & Pere Marq.
"
100
Preferred
Hunt. & Br. Top. (PhUa ) 50 *20
"
50 •42
Preferred
"
50 5014
Lehlfrh Valley

Union

Range

of the

ActivelStocks.
H Indicates unlisted.

Lll,

4 And accrued Interest,

MISClil.L.tNEOUS.

I

I

Baltimore— tltj Uall68. 1900, Q—
117%
FundlngOs
1900. O—
119
West .naryi'd BR. 68..1902, J&J 119

1916, M&N
1916,
1930. J&J
1 900, J&D
,Chesai)eake Gas, 68
(Consol. Gas, 68
1910. J&D
58
1939. J&J
Equitable Gas, 68
1913, A&O
Virgiuia(etate>3s. new 1932. J&J

Il
It

i

Water 5s
Fundiug5»
Exchange 3 %s

M&N

125% 126
io'3"'

i03%

106% 107%
II214 11"'*
a9
98

107% no
tUW 65

MAtCH

THE CHRONl

14 IMl.l

NEW YORK STOCK BXCH ANgE PBICB8
RjuLBOAD AND MiBCBL. Bonds.

At.Toi).A-rt.F.— I00yr.,4g.l989 J

&

—

Lmeeu,
75

77 "4

J

(ConUna«i).—AOTIVB BONDS

—

/ti«

/nlfr"**

Period, ilar. 13

98^

40»8
Sept.
i00-y™rliicoiuo,h)t...".l«8»
.fid
It'll
Al'iic— W.D. liic.Os.lHUI
l«;t7J & J 70 t).
(Hmraiitped, -t R
Broulil'ii Uleviit'd 1st, a,g. 19^4 A * <) HI Hit).
C«n 8outh.-l9tK"nr.,.'i« 190H J & J 10B«9
i9iaM & e ao"!!
2d,!S9
Oeiitralof N. J.—Con».,7B.tH99 Q-J
t90-i M & N123
Congo). 7b
General mortgage, 5 K.. 1987 J & J UOVi
110 b.
Leh.&W.B..con.,7»,n8'd.l900
1912 M
97 a
do. mortK.ieo, .58

LE.

\

Mar.
Mar.
Mar.

I

80
SS

I

14

I

Railroad

BlghetL

^21

MARCH IS,

ani> Miscbl.

Bond*.

;

Jau.
Jan.
Jau.

ANI> s/w

in<er'>«
I'eriml.

/vi"
Mu,. i.t

I02'»
MAN
A JII2e^g

N.Y. Central— Extend., 68. 1893
iHt, coui>on,7H
1903 J
D«bon...'is. I'liup.. 1884.. 1904 M
N.Y. A Harlem— 79,reg... 1900 M

j^iV. 1,

a;

IMl.

.

.

UtghML

UnctMt.

101% Jan. 103
.

Iter.

120i« Mar. 1207* Mar.
106
106 Mir. no J4n.
.Mar.
71
73 .IBH.
.V
122
b.'l21i«Feb.
A
12218 Feb.
lOBBs Jnu. liaViJan.
N. Y. Clilc. AHt. L.— 4g...l937 A A O 03'h 191
J«n.
O.^'sJan.
105 Jnn. 10714 F(l>. N. Y. Elevated— T«
111
1906 J A J 11214
Ja-. 1 121a Jan.
U3i«Jnn. loo Feb. N. Y. Lack. A W.— l«t,««..1021 J A J 130 b.ll27%.ra.. 13J Jan.
ll.^
Jau. 117 Mar.
Construetloii, Os
1923 P A A 107'..b |1(I8 Feb. 108 'a Feb.
121 Juu. .123 Mar. N.Y.L.EAW— l8t,oon.,7g.l920M A 8 134M).'l33 Jan. 137% Feb.
107 Jau. IIO^U Full.
..1893JA
|I05
Long Dock. 7b
D loo's
J in, 107 Feb.
-110 Fell. 113 Jau.
Q-M
119 b.'113 J
ConsoL.Og
1935 A A
118 Feb.
iMlia Mar.
97 Fell.
J
2doonsol,(Tg
1969
A l> 98 b.' 9008 Jau. 101% Feb.
Am. Dock A Imo,58....t92l .1 & J 100%a.:i05-'4 Mai-. 1 08 Hi Jnu. N. Y. Ont. A W.— Igt, 6 g.. 1914 M A H 110 bill Mar. 115 Feb.
Cenlnil I'lidrtc—aold,6s.. 1898 .1 & J 112 b. 112 "8 Jan. 112^1 Mar.
1939J A D 9l7„b.' O'.'^HJan. 07 <« Feb.
Consol. l8t,5g
110 Jan, .117 Juu. N Y.8U8AW.— I8tref.,5g.l937 J A J 99's
IOOI4 Feb.
Ches. &Olilo-Mort,« g..l911 A & O
94 J41
1939 M A N 99 b. B5>i)Jan. .loo's Feb.
lBtcoii»ol.,,'i g
Midlandof N. J., 6 g. ..1910 A A 0115 b. 112 Jan. 115'aPeb.
Norf. A W.— 00-year, 5 g 1 990 J A J 03 'sb. 93
R.4A. l)lv.,l8tCon..4g.l989 J & J 80 a.
Jan. lOOisFeb.
«7 .Tan.
71 »s Fell. N'lrtb.Pae,.— l8t,couii.,6g.l921 J A J 116
latcou.,2-4g.l989 J A J 70
do
113 J.n. 116% Feb.
68 Jan.
73 Feb.
do 2dcon., 4g ..1989 J A J 7.'l
General, 2d, coup <i g.. 1933 A A O 113 b. UO'gJai. 114
Feb.
104
104
Jan.
F
"sb.
A
A
107's Jiui.
Ches. O. ASo. W.-«g.:...1911
General, 3d, coup., 6 g..l937(J A
1071s Jan. 11 314 Feb.
Jau.
Chtc. Burl A Q.-Con., 78. 1903 J A J 121»ii liai^Jan. 123
Consol. mort., .5 g
oj
1989J A D
u 8318
82 J:«n.
857gJan.
98 b. 98>4Jau. lOO'eJaii. North. Pac. AMon.— 8g...l938
1913 M
Debenture. .'^B
A 8 104 "b'104 Jan, 109 Feb.
192U'F A A 88 b.; 88 Feb.
95 Jan
Denver Division. 48
North. Pao. Ter. Co.— 8g..l933|J A J 108 a.'l05 J»n
lOS'a Jan.
Sfl^b. 86 Jan.
M
1927
«83iJan. OhIoAMisB.— Con8 8.f.,7B.1898.J A Jill hill 1<>8 Feb. 112 Feb.
Nebraska Extension, 4a.
Jau. 114!!t Fell.
Ckmaol., 78
Ohlc. &E. III.— l8t,8.r.,68.1907 J A Dll4'4b.ll3
1898 J A J *lll a. 11 II4 J .n. 111% Jan
1934 A A O 120 b. 120 Jau. ,121 Jail. OhioSouthern— l8t. 6 g...l921iJ A D 105 b.lIOS's Jan.
"
ConsoK.Og
107% Jan.
95 a.' 95 Jau.
98'9Jnu.
General consol. Ist, Ss.. 1937
General mort., 4 g
61 a. 55 J.D.
1921, M
63 Feb.
87»«b.| 83'sJau
89 Jau. Ouialui A St. LoiiiB- 1 g ..1937JJ A Jl 57'sb. 53 Ja '.
Chic Gas L.
l8t, 5 g. 1937 J A J
SB's Jan.
Ghle.Mll.AS!t.P.— Cou.78.1905 J A Jl21i8b.il20 Jau. 125'aFeb. OrcKon Imp Co.— lBt,6g.l9I0 J A D 99140. 90 Jan. lOS'a Feb.
Jau. ;112 Jau.
Consol., 5 g
let, Boiitliwcst Dlv., 69.1909 J A J llOJab. 110
1939 A
67'8
(i7'8 Mar.
74 Feb.
Feb. Ore.R ANav.Co.— I8t,6g.l909 J A D 107 1). 107 's Jan. 109«s Feb.
l8t,8o.Miii. Dlv., Os... 1910 J A Jllliab.lllO Jan. iH4
a.'l04
105
Jan.
;106i3Jau.
iBt.fh.APacW.Dlv., 09.1921 J A J
Consol.. 5 g
1925'
A J -94 a. 92 Jan. 100% Mar.
Mar.
98 Jan. Pa. Co.— I's g., coui>on
Chic. AMo. Rlv.Dlv.,59.192G J A J 93 b. 95
192l'J A J 103 i8b. 1 OS's Jan. 106 J4n.
Wis. A.Mluu. Div., 5 g..l92lJ A J 101 b. 101 Jan 103 Jau. Peo. Dcc.AEvausv.— 6g..l920 M A 8 lOS's
100 Jan. lOS'a Mar.
"..1914 J A J 100 b. ]00>» Feb. 102% Jan.
Terminal, 3 g
Evansville Div 6 g....l920;M A N 99i8
93 J ».. 103 Feb.
87 Feb.
Gen. .M., 4g., 9erle8 A ..1989J A J S7 a.] 84''8Jan.
2d mort.,5 M
1926 A A O 70 b. 06 Jan.
70'aFeb.
MUw.ANortb.- M.L.,68 1910 J A D ill b.'107'sJan. 112 Feb. Peoria A East— Cons., 48. 1940' April. 77 b.' 75's Jau. 80 Feb.
b. 107
Jan. Ill
l8t,con.,69
1913 J A
Feb.
Income. 48
1990 J A J 18 b.l 18 Jm.
22 J.tn.
Chic.AN.W.— Con8ol..79..1915 Q-F 137%b.:136% Feb. 139'aJau. Phila. A Read.—Gen.,4g.l958| Feb.
79 "s
77^8 Mar. 82 Feb.
|125 Jan. 127«jFeb.
1902 J A D 126
Couimu, gold, 78
l8t pref. income. 5 g
49
1958 Feb.
47'9 Mar.
58 Jan.
1929 A A O 115 b. 115 Feb. :H5 Feb.
Sinking fimd. 6s
33
2d pref. income, 5 g
1958: Feb.
32 Mar. 381a Jnn.
Sinking fund, 59
1929 A A O 107i2l>. 105 Jau. 10><i4Feb.
.Id pref. luciime. 5 g
2513 Mar.
1958 J A J 25 \
30 Jan.
Siukliig fund deheu., 58.1933 M A N 103 b.l0Hi<.Jan. 109
Ke
I'ittsburg A Western- 4g.l917:J A J 78 b. 751s Jau.
81 Feb.
1909
A N' 10512b., 104is Jan. 103i«Fcb. Rich A D.1UV— Con.. 6g..l915'A A O 116 0.115 Jan. 118 Jan.
25-vnar debenture, 5.
1926 F A 4 95'4a. 90 Feb. 100 Jau.
Extcnsinn, 49
Consol. ,3g
1936 F A A 90 a.: 87'sFeb.
OliaJan.
Chlo. Pi'O. A St. Loui»— 5 g. 928 M A » OOisb. 9719 Jau. loo's Jau.
Rich.AW.P. rer.-Tr,i8t,6g.l897
A 8 97 a. 97 Feb. lOOia Jan.
Jan. 12714 Feb.
Chic.R.I. Al'ac— (;8.eoU!i.l917 J A J 125 b. 124
Con l8tAcnl.tru8t,5g.l9l4 J A J 70 b.l 68i« Mar. 73 Feb.
90 Mar. 991a Jau. Rio G. Western- 1 St, 4 g.. 1939 A A O 76
ExteuBion j.nd col., 58. .1934 J A J ay's
74 Jan.
77% Feb.
Feb. 100 Feb. R. W. AOgd.— Cou.. 38 ...1922 M A N 109
Chic. 8t.L.APltt.-Cun.,5g. 193-.; A A O 100 b. 100
il05
J II. 109 Mar.
116 Jau. 1 19 Jau. St. Jo. A Or. island— fig.. 1925 J A J 83
Chic. St. P. M. A O.— (is. ... 1 930 J A D IIG
8218 Mar.
Jan.
921a
901-2 Feb.
Cleveland A Canton— ")g.. 1917 J A J SOi^b. 87 's Jan
St. L. Alt AT. H.—l8t, 78.1894 F A A lU a. 110
Jm. 110 Jan.
Jan. 1 32 Feb.
C. C. C. A I.— Consol., 7 g. 1914 J A D 132 a. 29
2d pref., 78
105 b. 1041s Feb. 107 Jan.
1891
Geueral COU901., 6 «
1934 J A J '119 b. 117 Jau. 119 Mar 8t.L. Ark.ATex. -l9t,63, t'st. rec.
79
7834 J 111.
82 Feb.
Col. Coal A Iron—6 g
1900 F A A 102 b. 102 Jau. 1,;6 Jau.
2d,6s. 1936, tr. rec.allass.pd. F A A 17'-2b.' ITisMar.
21 J*n.
Midland—
71 Ja'
Col.
Con., 4 g...l940 F A A 70 'sa-! GO'S Jan.
St. L. A IrouMt
I8t78...l892 M A N lOl'ab.'lOl 's Feb. 103 Jan.
S0% Jan. 36 Jau.
Col.H.ViU.ATol.— Con.,5g.l931
2d,7g
1897'J A J,108'4b. 105 Ja.
10758 Fob.
1904 J A D So^ga. 84 Jan.
General, 6 g
37 Feb.
CalroArk. ATexas,7g..l897'J A D 105 b.l03%Jau. 106 Feb.
Denver A RloG.— I8t,7g.l900 M A N 117'sb. 116 Jan. HP's Feb.
Geu. R'y Alandgr., 5g..l931 A A o! 9213
gi'sJ.ir.
93% Jan.
lBtcousol.,4 g
1936 J A J 8214
79 Jan.
83 Feb. 8t.L. AHauPr.— Sg.,Cl.A.1906M A N 111 b.llO Jin. 110 Jan.
Det.B. C'ityA \Ii»ua— 6g.l913 J A J|*94 a. 91 Jan.
9GisFeb.
6 g.. Class B
1906
N 111 b.lll Jan. 112i4Feb.
3214 Feb.
Det.Mac.A.M.— I.Vtgrimt9.I911 A A O 30 b. 29is Jau.
6 g.. Class C
1906'M A N 111 b. Ill Jan. Ill's Jan.
Dul. A Iron Kangc— 58.
1937: A A O ' 99 b.l 95
Jan. 100 Jau.
General mort., 6 g
193l'J AJ'108 a. 10718 Feb. 110 Jan.
Dul. 80. Sh. A AtL— 5g....l937 J A J,*99 a. 95
Jan.
99 Feb. 8.P.M.AM.— Dak. Ex., 6 g. 1910 M A N,115 b. 115 J»
!ll8
Jan.
E.Tenn.V.AG.— Con., 5g. 1956 M A N lOliab. 101 Jan. 104 Jan.
Ist consol., 6 g
1933 J A J,ni7 a. 11413 Jau. 117 Feb.
KuoxvtUe A Ohio, 6 g...l925 J iS J 107% 103 14 Jan. lOSUFeb.
do
reduced to4's g..-|J A J lol b.ilo2 Feb. 1021s Feb.
94 a. 90 Jan.
EUz. Lex. ABigSau.— 'jg.l902 M
95 Jau.
Montana Extension, 4 g. 1937' J A D 83
80 Jau.
87 Jan.
99^8 Jau. 105 Jau. San A. A Aran. P.— l8t,6g.l916'J
Ft W. A Denv. City— 6 g. 1921 J A D IO314
76 a. 62 Jan.
74 Feb.
9414
93 's Jan.
94i4Mar.
Gal.H.ASauAu.-W.Div.lBt,5g.
1st, 6 g
1926 J
69'sb. 62
Jan.
7313 Feb.
1 12iub. USiaMar.
Han. A St. Jos.— Cous., 68 1911
117 Jau. Bhen. Val.-lst, 7g., tr. rec. 19091..
130 b.l26%Ja".
32 Feb.
Illinois Central— 4 g
A O 97 laa. 96 Feb. 961a Jau.
6II4 Jan.
1 932 A
Gen'16g.,Tr. rec. as8't'd.l921i..
53 b.! 61 "4 Jan.
Int. AGt. So.— l8t, 6g....l919M A N 113
Ill Jan. 115 Jan. Bo. Car. -Ist, 6 g.,ex ooup.1920 ..
10512b. 103 Jan. 107
Feb.
Coupon, «g.. trust rec..l909M A 8 67 b. 72 Jau.
76 Jau.
Income,63
2218
25 Feb.
193l'..
13 Jan.
'
Iowa Ceutral— st, 5 g.
84 Jan. Bo. Pae., Ariz.— 6 g
.1938 J A D 81 b 8034 i>eo.
1909-10 J A J 103
a.'loiisFeb. 103 14 Jan.
Kentucky Central 4 g. .1987'J A J Si's
SaisJau. So. PaclUcCal.— 6g....l905-12'A A
78 "a Jan.
b.!]12
Jan. 114 Mar.
Kings Co. El.— l9t,
.1925 J A J 97 b. 98 Mar. 100'4 Jau.
1st, consol., gold, 5 g.... 1938 A A O 100%
g
99 Jau 101 Jan.
Lacfede Gas l9t, 5 g
781s
77 Mar. 82i2Jan. 80. Pacitic, N. M.— 6g
b.ll02i4Ja- 10313 Jan.
.1919 Q—
J'102
igilJ A
Lake Erie A West 5 „
94 Jan.
g --.J937 J A J 108 b, tod's Jan. lOO'sJau. Teun.C. I. ARy.—Ten.D.,lst,6g A A O, '92148.1 86 Jan.
L. Shoro— Con. cp.,l8t,78.1900 J A J *120 b.li20is Jan. [122% Jan.
Birm. Dlv.. 6g
96i3Jan.
1917 J A J 9413b. 93 Jao.
C0U80I. coup.,2d,78
1122
Mar. 124 Jau. Tex. A Pac— 1st, 5 g
1903' J A D 122
8978 Jan.
2000 J A D 87 '3
851s J,.n.
Long Isl'd—lst, con., Dg.. 19311 Q— J 116i8b.|llo% Jan. 115i<! Mar.
2d, iucome, 5 g
Jl's
29'4
Mar. 35 14 Jan.
2O0O March.
General mortgage. 4 g. 1938 J A D '91 a.; 90 Jan.
92 Is Jau. Tol. A. A. A N. M.— 6 g
93 Jan.
99>aFeb.
1924 M AN' 95
lA)Ui8. A Sash.—Cons., 78.1898 A A O 114 b.113
Jan. 11458 Feb. ]To1.A. A. AGr. Tr.— 6g....l921 J A J 108 a. 101 Jan. 10: Feb.
N.O. AMob. Ist, Og
1930 J A J 116 b. ill Jan. 118 Feb. Tol. A Ohio Cent.— 5 g
1935 J A J| 105 '4b. 102 58 Jan Il07»s Jan.
do.
2d,6g
1930J A J 106 "4 ll06i4Mar. '108 Feb. Tol. Peo. A West.— 4 g
77 Jan.
1917 J A J! 74 b.l 74 Jan.
E. H. AN. lst.6g
Mar. II2I3 Jau. Tol. St. L. A Kan.
1919J A D112 b.
91 Jan.
6 g.. 1916 J A D! 8.> b.' 83% Ja.
b.
Qener.il,6g
Feb.
llSiaJan.
1930 J A D113
U3
Union Pacitte— 6 g
1899 J A J 113'sb. 113% Jan. 11418 Mar.
Collateral trust, 5 g
102%a. 101 Jan. '1031s Feb.
fiiukinir fund. 8s
1931
1893 M A 810713 107 Mar. 111% Feb.
LonlB. N.A. A Ch.— 1st, 68.1910 J A j'104 b.iioi
Mar. Ill Jau.
CoUat. trust 413
72 Jan.
69 Feb.
1918 M AN' 72
Consol., 6 g
Kansas Paclflc- Ist, 6 g. 1 895 F A A 1 09
1916 A A O 86I3
84 Mar. 95 Feb.
109 Mar. 111 Jan.
Louis. St. L. A Texas—6 g. 1917 F A A 83 a. 78
Jan
88 Jan.
l9t,6g
1896 J A D
Metro. Elevated— iBt, 6 g. 1908 J A J 115
lllOsaan. ills Feb.
DenverDiv.—6 g
1899 M A Nlll b.lll Jan. Ill Jan.
2d,68
l8tconsol.,6g
1899M A N lOOiflb. 104 Jan. 107 Feb.
1919 M A N 1 10% 1108 J *ii. 1 11 Feb.
Mich. Cent.— Ist, con., 78. .1902
Oregon Short Line— 6 g..l922 F A A loo's llOO Mar. 106 •« Jan.
A N 123 b. 122 Jan. :i23is Jan.
Conaol., 58
Or.S.L.AUfhN.— Cou.5g.l919 A A O, 72isb. 75 Mar. 80% Feb.
1902
A N *107 b.il07 Mar. 108 Feb.
MU.LakeSh.AW.— lst,6g.l921;M A N 125 b.ll8%Jan. 123 la Mar.
U.P.I>eu.A Gulf con. 5g.l939 J A D 80 a.' 78 Jai.
82 Jao.
Exten. A Imp., 5 g
1929 F A A 98%b. 98 Jan. 101 'e Jan. ItJnion Elevated— 6 g
lOS'a
106 Jan. 1091s Jan.
1937
M. K. AT.-l8t 48, g
74i(i Jan.
7918 Feb. iVirgluiaMld.— Gen. m.,58, 1936 M AN! ga b.i 81
1990J A D 7714
Jan.
891s Feb.
2d 4s, g
44 >s Jan.
1990 F A A' 3958
do
BO'S Jan.
stamped guar.
A N! 89 b.' 83 Jan. 90 Feb.
Mo. Paclflc— l8t, con., 6 g.l920 M A N HI
105'4 Jan. Ill Mar. Waiiash- Ist, 5 g
98 J tr. 102 Feb.
1939 M A NilOOVj
3d,7s
1906
N114%b.!ll5 Jan. 115 Jan.
7713 Jan.
2d mortgage, 5 g
70 Feb.
1939. F A A' 70's
Pac. of .M<>.-igt,ex.,4g.l938 F A A 98 a.[ 97
Feb. 100 Jnu.
Debent.M., series B ....1939 J A J! S,"* a. 30 Feb.
35 Jan.
2dmort.,78
1891 J A J lOl'sb. 99isJan. toils .Mai. West Shorc-Guar.. 4s
2361 J A J 102i8 ICO Jan. 103 Jan.
Mobile A Ohio— New, 6 g.. 1927 J A D 114 b. 112 Jan. 115% Fell. West. N. Y. APa.-l8t, 5g.l937 J A J| 9913b. 96 J.n. 101 Feb.
General mortgage, 4s... 1938
A 8 66%
70 Fell.
35^8 Feb.
63 Jan.
2dmort..3g.,38C
1927 A A O; Si's
301s Jan.
Mutual UuiouTel.—tig.... l«ll M A N 100 b.llOi Jan. IO5I9 Fell. West. Un. Tel.—Col. tr., 5s. 1938 J A Jl 99>s
98 Jan. 100 Feb.
Nash. Ch. A St.L.—l9t, 78.1913 J A J 125 b. 125 Jan. 12613 Jau. Wis. Cent. Co.— l8t, Sg
1937 J A J »4''ea. 93% Mar. 97 Jan.
Cou., 5 g...
1928 A A O 108 b.l05'sJan. IO718 Mar.
1*40 a. 341a Jsn.
Income, 5 g
45 Jan.
1937
NoTi— "b" IndleateB price Md; '• a" price atksd the Ranare is made up froji act.ial sjles only. * Latest price this week.

H

|

Atl.

I

I

.

'.

A 8

I

H7

I

,

1

AN

.

I

.

,

1

.

,

DUO

1

I

AN
AN

M

'

MAN

AC—

I

!

'

AN

i

I

I

I

AO
_

'

:

,

!

DUO

'

I

J

1

.

M

.

.

I

M

1

!

1

.

!

!

I

1

'

I

—

MAS

,

.

I

I

|

MA

i

I

"

. . .

1

.

AS

.

I

M AN

MAS

I

1

I

t

I

I

,

—

OH2

.

—

I

I

I

.

I

mis

.

C—

I

MAN*

.

j
I

M
M

I

:

MAN

'

I

M

I

1

MA

I

1

:

M

j

I

I

;

NEW YORK STOCK EXCHANGE
SECURITIES.
Railroad

Bid.

8ECUKITIE8.

Ask.

Bonds.

(Sioek F.xchunut Pritxi.)

Mabaina Mid.- 1st, g., Gs
X928
89
Atlantic A Danv.— 1st g., 6s.. 191
Atl. A Pae.— 2d W. t).,gu. 6h..l907
Bait. A Ohio— l.st, 6s, Park 11.1919 II5I3

PBICES-(Coiitinned).-/iV:4Cr/F£;

B.AO.-Mou.

Oeul'IOhio Reor.— I8t,4i<>s.l930
Creek— 1 st, gold, 4»
1936|
tJost. H. Tuu. A W.— Deb. 58.1913
Brooklyn Elevated— 2d, 8-58.1913
rJnft. Roch. A Pilts.-Gen.,5.s.l937
1921
Roch. A Pitts.- 1 f I, «9
Consoad.ifd l8t.69.1922
do
AN".—
l8t,59.1906
lurl Ced. Rap.

;

Bnrl. Cod.

100

tJeech

-

100

102

Mlnn.

98

towa

100 Hi

87
95
117

96

lis

114

96%

A
C.

Ran.ANo.— (Contln'd)St. L.— lat, 78, gu. 1927
.

A West.— Ist, 78... 909

Oed. Rap.
181, 09.

1>8

98

13.

SECUBrriEB.

Ask

Rlv.. 1st g.,g.59.1919

gold
1025 ire's
Con«. mort., itold, 5s
1988 10718
_B ^ O. S. W.. Isl. ir., 4i«s. .1990
9(i
t/Onsol. A collat. trust, 38... 1934
* No price Friday
these are the la isi iiimtaiioM m-ide th's' ^rr- If.
5fl,

Bid.

BONDS— ISARCH

1

I.

F.A

N., Ist,

68.1920
.1921

O.Ohio— -ol.ACin.M 1st, 1 198. 19.19
•ent RR. A Bank.— Col. g.5s. 1937

Chat. Rome A Col.-Otd.g.5s 1 9.17
8av.A West.— i8leou.Ktd.3».19i0
•'' I''"-'
»nt. of S. .\.~r,my '•'i
.

THE CHRONKp:

422

[Vol. LII.

NEW YORK STOCK EXCHANGE FRICEH.—INACTIVE BONDS—(ContinuedJ-MARCH
Bid.

SECUErriES.

Railroad Bondf.— ^Con^^
(Stock Eifhangt Prices.)

Central Pncific— Gold bds, 68, 1895 108
1896 1091*
Gold bonds, 68
no's
Gold bonds, 68
1S^Z.,„„
1900| 109
Ban Joaquin Br., 6s
99
Cal. & Oregon—Ser.B. 68. -.1892
1939 96's
Mort. gold 5s
1900
Land prant, 58, g
West. Pacific—Bonds, 68. ... 1 899 108
Ko.Eailvray (Cal.)— l8t, 6s. 1907
1938 *100
SO.year 5s
Chcs. & O.—Pur. M. fund, 68.1898 IIOI3
1161s
1908
6s. gold, series A
Ches. 0."& 80. West.— 2d, 6s. .1911
104%
1893
OhicagoA Alton— 1st, 78
1903 121
Sinking fund, 68
II6I4
Louis. & Mo. River-lst, 78.1900
1900
2d, 7s
Bt. L. Jacks. A Chic.— l8t,78.1894 107%
1894 107%
l8t, guar. (564), 78
M1SS.R. Bridge— 1st, 8. f., 68.1912 105%
Burl. & Nor.— Deb. 68... 1896
Ohic. Burling. & Q.— 5s, s. f..l901
Iowa Div.— Sink, fund, 5s. .1919

owe.

D
D

109

g.

1931
1927

. .

C—

'

. . .

Gold, 58, coupon

90

97%
119
115

1902 1203e 123
l8t, 7s, $ g., R.
Ist, La Crosse Division, 7s. 1893 107%
1897 112% 115
1st, I.* M., 78
1899 115
Ist,
D., 7b
1903 120
Ist, C. &M., 78
122
l8t, L &D. Extension, 78. ..1908 '121
1919 •10014 101
Ist, La C.
Day., 5s
D., 78
1910 118% 120
Ist, H.
D., 5s
1910 98
Ist, H.

100
85
26
105
113
103

66%
88

72%
104
92

Memp Div., Ist g. 4s
A 8. C— 2d Div., 7s ...1894
C«d. Falls AMinn.— Ist, 78.. 1907
Ind. D. A Spr.— Ist 78, ex. ep.l906
1947
Ind. Dec A West.— M. 53
1948
2d M., inc. 5s, trnst rec
68.
1909
Inter. A Gt. Nor.— Coup.
Kanawha A Mich.— Mort. 48.1990
Kan. C.Wyan.AN.W.— lst,58.1938
L. Sh. A M. 80.— C. P.AA.—78.1892
Buff. A Er.— New bonds, 78.1898
Dub.

Ask.

90

90

140
1912 138
1912 134
78.1900

2d, 7s
3d, 7a
Clev. A P.— Cons., 8. fd.,
4th,8ink.fund,
68.1892
St L. V. A T. H.— 1st 6s., 78.1897
2d, 7s
1898
1898
2d. guar., 73

136
124

IOII4 IO214

110
IO914

Peo.AE.-Ind.B.AW.-lst,pf.7s.l900
Ohio Ind.AW.- l8tpref.58..1938
Peoria A Pek. Union- 1st, 6s .1921
1921
2d inortg., 4%8
Phila. A Read.— 3d prcf convert
Pitts.C.CASt.L.— Con.g.4%8A1940

114

118

110
60

111
67

30%

.

A

Pitts. Cleve.
Tol.— 1st, 68... 1922
Pitts. Junction— Ist 6s
1922
1932
Pitts. Mc. K.
Y.— 1st 63
Pitts. Pamsv.
P.— Ist 5a... 191
Ariz. Cent. Ist, 6s,g.l916
Presc't

A

A
A

'

115
95
99

1916
2d Income, 68
A Dau v.—Debenture 63.1927 101%
1909
Equip. M. 8. f., g., 5s
Atl. A Char.— 1st, pref., 7s. 1 89'
do.
Income, 6s.... 1900

1897
1907
1951 107%
1951

1st, consol., 78

2d, 68

Bid.

A Califomlar-lst, 5a. 1927
Oreg. Ry A Nav.— Col.tr. g..5».1919
106% Penn.RR.-P.C.AS.L.-lst,c.,7s.l900
100
Pitts. Ft. W. A C— l8t, 7s... 191

78. .1905

63

SECURITIES.

Ask.

Oregon

Grand Rap. & Ind.— Gen. 58.. 1924
Grocn B. W. & St. P.— 1 et 6s- .1911 75
IO2I2
2d income, all subs, paid
Housatonic—Cons, gold 5s. .1937
N. Haven ADerby, Cons.58..1918
Waco & N. 78..1901 112
Hous. AT.
102
193
113
l8tg.,53 (int. gtd)
1912
118
Cons. g. 68 (int. gtd)
64
1921
7
Gen. g. 4s. (int. gtd)
105% Debent. 68, prin. A int. gtd.1897
69
Debent. 4a, prin. A int. gtd.1897
1951 100
niinois Central— Ist, g., 48
1951
118
Ist, gold, 3%3
Springf. Div.— Coup., 6s.... 1898 108%
1921 112
Middle Dlv.— Reg., 58
C. St. L. A N. O.— Ten. 1., 78.1897

92%
118
110

A.— 2d mort.,

West. Div., 2d 68
Ga. So. & Fla.— Ist,

105
81

Bid.

Fla. Cen. & Pen.— Ist g. 59... .1918
Ft. Worth & R. 6.— 1st g., 5S..1928
Gal. Har. &San Ant.— 1st, 68.1910

Gal. H. &8.

105

1919

Sinking fund, 48

1921
Plain, 4s
Ohlc. & Indiana Coal— 1st 58.1936
Otit. Mil. & St. P.— l8t,83,P.D.1898
1898
2d, 7 3-lOs, P.

SECURITIES.

Ask.

18.

Rich.

.

91

101

Rio Gr. Junct.,lst,guar.,g., 58.1938
Rome Wat A Og.— Ist M., 78.1891
1925
St. Jos. A Gr. Is.- 2d Inc.

103
*

Kan. C. A Omaha— Ist, 5s.. 1927
St L. A. A T.H— 2d m. Iuc.7s.l894 105
1894
Dividend bonds
53

. .

76

90
104
75
1061a

A So. 111.— 1st, 88.. .1896 113 113%
A Car.— Ist 63
1923
"^
Chi.8tL.APad.— Istgd.g.58l917 *io6
127% St Louis 80.— Ist gd. g. 48.1931 * 78
Det. M. AT.-lst,7s
1906
&
do
2d Income, 5s. 1931
48
Lake Shore—Div. bonds, 78. 1899 117 119
&
Car. A Shawt- 1st g. 48. . .1932
77 ......
Mahon'g Coal RR. -1st, 58.1934 107 110%
&
St L. A I. M.—Ark. Br.,l3t 78.1895 105
Chicago & Pacific Dlv., 6s. .1910 115 120
Kal. All. A G. R.— 1st gu. 5s.l938 108
St Lou. A S.Fran. —Equip., 7s,1895 100
Mineral Point Dlv. 5s
1910 93
Lehigh V.,N.Y.— 1st gu.g.4%8.1940 103»s
99
General 58
1931
1921
98
C. <fe L. Sup. Dlv., 5s
1 .itchf Car. A West.— 1st 68. g.l916
97
Fargo & South., 68, Aasu. .1924 110
1st, trust, gold, 5s
1987
Ijong Island— 1st, 78
1898 117 118
93
Kan. City A 8.— Ist, 6s, g. .1916
Inc. oonT. sink, fund, 5s
1916
N. Y. A R'way B.— 1st, g. 5a. 1927
100%
93%
Dakota <&Gt. South., 5s.... 1916 90
2dmortg., inc
40
Ft S. A V. B. Bg.— Ist 68.. .1910
1927
Ohlc.&N.W.—Esc.&L.8.1st,6s.l901 106
St. Paul A Duluth— Ist 5s. ... 1931 'io5
SmithtownAPt.Jeff.— l3t,7s 1901
86I4
DesM. <fe Minn.— 1st, 78. ...1907 121
1917 103 104
Louis.Evans.ASt. L.— Con.58.1939
85
2d mortgage 5s
Iowa Midland— Ist, 8s
1900
Louis. A Nash.— Cecil. Br, 78.1907 100%
St Paul Minn A M.— Ist 7s. .1909
115
Peninsula— 1st, con v., 78... 1898 115
Pensacola Division, 6s
1909 116% 117%
2d mort, 63
1920 105
Chic. &. Milwaukee— Ist, 78.1898 115%
115
Minneap. Union— 1st, 6s. .1922
Bt. Louis Division, 1st, 68... 1921
Win. A St. P.— 2d, 78
1907
2d, 3s
Mont Ceu. — Ist, guar., 63. .1937 114 114%
65
1980 53
Mil. & Mad.— ist, 68
1905 111
Nashv. ADecatui^lst,78..1900 115 117
East Minn., Ist div. Ist 53.1908
Ott. C. F. & St. P.— Ist, 58.. 1909 105
105% 8. f.,6s.— S. A N. Ala
San Fi-an. A N. P.— Ist g., 5s.l919
1910 100
Northern 111.— Ist, 58
1910 1C4 107
10-40, gold, 6s
Shenandoah Valley— Inc., 68.1923
1924 101
O.R.I.&P.— D.M.&F.D.,l8U8.1905
76
50 year 58, g.,
107
Sodus Bay A So.— Ist 5s, g...l924
1937
:i""
1st, 2%s
1905 55
Unified, gold, 48
1931 "ii"
South Carolina-2d, 6s
1940
Exten.sion, 48
1905 96'
Peus. A At.- 1st, 68, gold... 1921 102
80. Pac. Coast— Ist, guar., 4a. 1937 ' 93
Keokuk & Des M.— Ist, 5s. .1923
Nash. Flor. A S. Ist gu. 58.,1937
97
Texas Central— Ist, 8. f., 78. ..1909
45
Ohio. St. P & Kan. City—5s.. 1936
Lou.N.Alb.ACh.— Gen.m.g.5s.l940
1911 • 40
Ist mortgage, 7s
48
Minn. & N. W.— Ist, g., 58. .1934
Lou. N. O. A Tex.— 1st, 43.. ..1934
87
Texas A NewOrloans—l8t78. 1905
116%
Ohlc.St.P.A Minn.— Ist, 68. ..1918
2d mort., 5s
1912 100
Sabine Division, Ist, 6s
1934
_^
St. Paul &B. C— Ist, 6s
1919 122 124
Manhattan Ry.— Cons. 4s
Tex. A Pac, E. Div.— Ist, 6s. 1905 105% 106%
1990
CSilo. & W. Ind.— 1st, 8. f., 68.1919
Memphis A Charl.—68, gold.. 1924 103 106 Third Avenue (N.Y).— Ist 5s, 193 110 111
General mortgage, 6s
1932
113%
Ist con. Tenn lien, 7s
1917
Tol. A. A. A Cad.—6s
1H15
82
82%
On Ham. & D.— Con. s. f., 8.1905 125
Mexican National— 1st, g., 68.1927 91
1919
Tol. A. A. A Mt PI.—6s
2d, gold, 4%s
1037
2d, income, 6s, "A"
1896 109 110
Union Paclfto— 1st 68
1917 30
45
Cin. I. St. L.& Chic— I8t,g.,4s.l936
94
2d, income, 6s, "B"
1897 111%
1917
1st 63
Consol., 68
1920
Michigan Central—6s
1898 112%
1909
1st 63
Cln. lack. & Mac— 1st, g., 5s. 1936
60
Coupon, 5s
Collateral Trust 68
1908
1931 110
Clev. Ak. & Col.-Eq. & 2d 68.1930
92%
Mortgage 4s
Collateral Trust 58
1907
101
1940
C.C.C. & St. L., Cairo div.-48, 1939
90
Jack. Lan. A Sag. —6s
1895 100
C. Br. U. P.— F. c,7s
1891
Cln.San.&Cl — Con.lst,g.58, 1928
86%
Mil. L. 8.AW.— Conv. deb., 58.1907
Ateh. Col. A Pac— 1st 68... 1905
98%
99%
80
Spring.&fol.Div.- l8t,g. 48. 1940
Mich. Div., 1st, 6s
Atch. J. Co. A W.— Ist 6s... 1905
115
1924
115%
WhlteW.Val.Div.— lst,g.48. 1940
Ashland Division— Ist, 6s ..1925 114%
U. P. Lin. A Col.— 1st g., 58. 1918 " 75
Cl.Col. Cln. & Ind.— l8t, 7s,8.f.l899 •116% 117
Incomes
101
Oreg.S.L.A U.N.,col.tr8t,58.1919
idi
73% 74
Consol. sink, fund, 78...
1914
Minn.A St. L.— Ist, g. Vs'.'.'.V.'.'igif 104% 106%
Utah A North.— Ist, 7s
1908
Clove. & Mah. V.—Gold, 5s. ..1938 110
Iowa Extension, 1st, 78
1926
Gold, 58
1909 98 100
Colorado Midland— Ist, g., 68.1936
108
2dmortg., 78
Utah Southern- Gen., 78...1909 103
1891
52
ColumblaA Green.— l8t, 6s. ..1916 *103% 109
Southwest Ext.— 1st, 78
Exten., Ist 7s
1909 * 98 100
1910 87
89
2d, 68
1926
Pacific Ext.— 1st, 68
Valley
R'y Co. of O.— Con. 6s. 1921
94
1921
101%
Del. Lack. & W.—Convert. 78,1892 104 14
Impr. A equipment, 6s
WabaahDeb. M., series "A". 1939
1922
60
Mortgage 78
1907 130
Minn. A Pac-lst mortg., 58.1936
No. Missouri— 1st, 78
1895 IO914
,
Bvra. Blng. & N. Y.— Ist, 78.1906 130
Mlnn.S. Ste. M. A Atl.— Ist. 58 1926
StL.K.C.AN.— R.E.ARR.78.1895 104 108
Morris & Essex- Ist, 7s.
1914 142
K'°5-^.*.;?-*^-S-M-l8tc.g.48.1938
St.Charles Br'ge- lst68. .1908 •10514
2d. 78..
1891 101% 101 '8 Mp.K.AT.-K.C.AP., I8t,48,g.l990
West. Va. C. A Pitts.— 1st 68.1911
72
Bonds, 78
1900 115
Missoun Pacific- Trust 58.7.1917
Wheel. AL.E.— 1st 5s, gold... 1926 106
94
780f 1871
1901 123
Mobile & Ohio— 1st ext., 68.. .1927 109%
Extension A Imp, g., 5s
1930 101
1st, con., guar., 78
1915 136 137%
St. L. A Cairo—4s, guar
1931 * 82%
Del. & Hud. Can.— 1st, ex. 78.1891
104% Morgan's La. A T.-lst, 6s.. ..1920
iniscellaneons
Bonds.
112%
Coupon, 78
1894 lllM 112
1st, 78
1918
128% Boston Un. Gas— Tr. cer. 5a. .1939
Pa. Dlv., coup., 78
1917
143
Nash. Chat. A St. L.-2"d,' esi.'igoi
C!ahaba Coal Min.— Ist g. 7s.. 1907 108
112
Albany & Susq.— l8t,gu.,7s.l906
131
New
Orleans A GiUf-lst, 68 .1926 '110
ChicJun.AS.Yds.- Col.tg,58,1915
l8t, cons., guar., 68
1906 120%
N. O. A. No. K-Pr. I g., 68.. 1915
Col. A Hock. Coal A I.— 6s, g.. 1917
K»ns. & Sar.— Ist, coup., 78.1921 144%
98
Consol'n Coal—Convert. 68... 1897 102% 104
1905 99
Denver City Oable-lst, 68... 1908 95 100% N. Y. Cent-Deb. g. is
1st. 48.1986 100
Consumers Gas Co., Chicago 1st
geji^- * R- O.— Imp.,g., 58... 1928
85
85% S- i- ^"°^*'"'t:^"»''1936
E. Temi. Va. & Ga.-l8t, 78. 1900
?-!?• S H--l«. reg. 48.1903 104
82
fuar. 5s
w"
V
116
N. Y. A Northern-lst,
IsonElec. lU.'Co.- 1st 58.1910
Divisional 58
5B.1927
107
g.,
107%
97%
1930
107
2d, 4s
"'"1937
Ist ext.. gold, 5s
1927
Equitable Q. A F.— 1st 68
1905
91
50%
90 N. Y. Susq. A West."-2d,i%8;i937 "ii'
Kq. &lmp.,g.,5s
G'nd Riv. CI. ACoke.-lstg. 68.1919
1938
Gen. mort, Ss, g
Mobile & Blrm.- l8t, g.,5V.!l937
"95'
1949 81%
Hackensack Water— 1st 5s. .1926
Alabama Ontral— Ist 6s 1918 87 116 North'n Paciflc-Divid'd scrip ext 103
Henderson Bridge— 1st g. 68.1931 106
James River Val.-lst, Ss...l936 103
Erie— Ist, extended, 7b..
Iron Steamboat Co. — 68
1901
I897 115 118
Spokane A Pa .—ist, 63
2d, extended, 58
iqsb
Tel. ATel.— l8t,8.f.g.5s..l918
1103
Met.
104
'l919 115 118
StPaul A N. P.-Gen 6s' 1923 -116
3d, ext«nded, 4%s
Nation'! Starch Mfg.— 1st 6s,1920
1923 106%
HclenaARedM'n— lst,g 6s 1937 98%
4th, extended, 58
N.Y. A Perry C A I.— 1st g- 68,1920
89
90
1920 II2I4 115
Sth, extended, 48
Northwestern Telegraph- 7o, 1904 103 .•>•
Slll'V«^^'i?\'''E.''-lst.S-68l936
106
1928 101 101%
DuLAMan Dak.Div.-l:,l68.1937 105 105%
l8t, cons., fd. coup., 7g.'!""l920
People's Gas A Coke ) l.atg.6s,1904
132
Coeur
d
Aleue-l3t,
Reorg 1st lien,
Cs, gold. 1916 103
Co., Chicago
112
J 2d g.6s,1904
95% 97
-ISOS 108
Uen. Ist, g.,6s..
1938 103
Philadelphia Co.— 1st 8. t. 68.1898
1918 n33%
v ?w^"a'^'v
*•
Tel.—
103
Union
7s.
West
*
*i-Coltr.,6s.l922
1875-190C
nMiy«'''"^'°°-l8'.V-'.68".1938
ii2%
116%
113
^I},h coup., 58
Chic. A Nor. Pac— 1st 1? 5s 1940
Funded
oX
i9fin
84
Woodstock Iron— 1st, g. 63... 1910
87
Norfolk A West-GenS, 6^193?
**"
Income, 68..
119
Unlisted
Bonds.
£977
119%
75
New River, 1 st, 6s
Bt^. A 8. W.-Mortg. 68;.';.1908 *ibi'
1932
Ala.AVick3.-C0U90l.5g.,1921.AA0
113
95
90
Imp. A Ext, 6s
Jefferson— l8t, gu. g. 6g
loqj
1909]
103"
2d M., income till '94, 1921.. AAO 70
80
Adiustment M.,7s.
Chicago & Eric, l8t,g.,4-5s:i082'
iqal
Vicks. A Merid.,l8t 68, 1921.A AO
100
96
'sd'
88
Equipment,
5s
Income, .58
JqoB
Charl.—
Ist
78,1907.JAJ
Atlanta
A
1982
122
119
29% Clinch Val. 1st 5s. :
Eureka Springs R'y-lVt;68".g.l933'
1957
Comstock Tun.— Inc.4s, 1919.MAS 36
39
102
SciPto Val. A N. E.-l8V48loSo 100
Evana^A T.U.-]st,con8.,6s .192ll
Georgia Pac— 1st 6s, 1922.... J AJ 108
73
10S%
(rA
T
oir« m.
rl. ini,*8..iifyo
75
"""iijo Ogf
Lake
Ch -fs,
MTvc"mon-urfi8T:'."';i^^^: -^^^
con.'68::igIS 105
Consol. 5 g 1923
AAO
73
70
Ohio ^
A Mlss— 2d coiisol
TKns. ,V Indian _1.> ^^.H ."^l il2--^20
I7«
iqTi 115
Income 58
15
18
Springfield Div.-lst 78.
FUnt A p. Marq.-Mort., 68.. .1920 il8%
1905
70
Little B.A Mem.- 1st 5g.l937.MA8
67
General58
Ist con. gold, 5s
loSS
1939 102 ini"" Ohio River
Mem.ACharl.-Cou8.7g.,1915.JAJ 110 115
RR- Ist," Ss.".:;::: 1936
portHuron-ist.58...:::::iiigl^"'^ Jg*^
StL.Ark.ATcx.-l8tls.When i8.su'd 68
6i)
100
General mort. gold, 5a
1937
When issu'd 30
2d 4s, Income
35
90
•Mo ice Friday; these are the
latest quotaHona made this

L&

108
115

109
116

Bellev.
Bellev.

.

.

.

.

.

.

. .

.

—

'

. .

'.

Svi

^

. .

]

.

.<.

•

,

'

'

\

March

THE CHRONICLE.

14, 1891.]

423
iMtfMt HarntHfft Keiiorlrd.

%nmsimtnt

Bo AD*.

9
536.067
55,078
32,236
19.WI9
14.077
193,088
63,087
44,780
9.089
5,268
59,087
324,541
73,163
20,239

Fltobbiirff

37(6 Investors' Supplement, a pamphlet of 160 pages,
eontaina extended tables of the Funded Debt of States and
CSties and of the Stocks and Bonds of Railroads and other
Companies. 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

FUiit.AP.Mara.
Mor. Cenl.*P.
Pt. W. A Rlo (4r.
Oa. Car-lH A No
Ueorsia RR
0«o.8o. AKIa..

Qr.Bap.AInd..
CIh.iLa Ft. W.
Other lines.
Total

..

all lines.

Oraud Trunk. ..
UUo AQr.Tr.

Oet.Gr. H.AM.

Great North'n

534,288
40.582
81,022
655,8»1
2.800
105,670

Tot, system. February
Qulf A Chicago. February
Uousatonic
Janujiry...

on the third

.

12,50()

Hutch. A8()Uth'n lanuary...

6,410

tix pages of the Chronicle, are publislied

Saturday

M.

February

East, of .Minn. February

Montana Cent. February
.
.

Humest'nAHhen February

33,231
303,653

February
I muary...

Ind.Dec.AWe.'it

.

In-AGt. North'n

wk Mch

'35,207

Iron Railway... February
Jack'v.South't'n Ith wk I'eb

2,628
21,346
79,165
5.492
6.502
88,337
27,503
00,188
7,304

Iowa

Central... 1st

,

Latest Earnings Reported.

Jan. 1

to

Latest Date.

Weekor Mo'OO or'n. 89 or '90. 1890 or '91 1889 or '90

»

I

«

November.

4H.393I

AlleKbeny Vai.. January...
toli.X. A 9. Fe.. 4th wk Feb
-Itli wk FVb
Half owned

19S,016

1,'<3,517

19S.010

49,'j,y78

4,279,(i81

721,^42
158.242
9.362
40.846
79,928

541.783
29,619
571,402
137,656
29,062
166,718
674,368
149.998
9,881
44,611
64.477

,429,377

,480,982

149

443,776

,884.520

,924,758

44,263
136.796
16,251
40,172
82,442
50.035
40,247
44.185
317,000
11,257
524,591
276,544
54.832

46,176
134,099
17,906
34,113
69,769
37,827
35,483
47.967
257,000
10,767
531,878
275,109
37.152
893,974

Alabamn

Mlrtl'd

. .

19,005
514,983

.

Total system. -Itliwk Feb
It h wk Feb
Bt L. & San F
llalf owned. . 4th wk F"cb
TotS.L.&S.F. 4th wk Feb

14I,lt)6

. .

18,434
l.")9.r>99

Acp. total '4th wk Feb
Atlanta AOhar Deeember.
Atlanta & Flor'a February
Atlanta AW.Pt.l February
Athintio&Pae.. 4thwk Jan
B.AO.Ka8tLtnea January. ..
Western Line.s. January.
. .

.

45.'').

.

Total

'January.

.

Bal.&O.Southw.!l.stwkMch
Bait. ife Pot<ini:M'' January...
Bir.?h.A- Tenn.R' January.
.

Butt.Roeh.& Pill list wk
Bur. C.Raii. AN. Istwk

Mch
Mch

California So...

4thwk Jan

Camden

[j:iuuary...

<feAti.

Canada Atlantic January...
Canadian I'aclHi' Ist wk Mch
Op.F'r.kYad.Valilstwk

Cen.RK.A BkCo

;i

Mch

wksFeh,

Auxiliary sj-r.'h wks. Feb
Cent. X.Enic.&WiDeceniber.
Central of N. J.. January...
Central Paciilc |l)ccember.
Central of B.C.! December

Ceutr'lVerm'ut.UVkFeb

.089,190
,253.477
10,299
52,763
10,436
10.216

'JH

K.London NoriWlt Fob. 28
Ogd.&LakeCh WkFeh. 28
Tot. system
Ohar.Cin. & Chic
Charlest'n & Sav
.

I

i

1

Wk Feb. 28

73.415
6,705
68.179
9,537
33,000
7,600
13,464
150,788

December
December

Chftr.Sum.&No.lDecember
Chat.R'meACol December.
Ohatfn'(.'aUui'n February
Oberaw. <.t Darl. January..
Che8.i&Ohio....
Obes.O. &8. W.
Cues. & I^enolr
Chic. Burl. & No.
Chic. Burl. & Q.
Chlc.& East. III.

at

I

wk Mch

February

185,93'

December
December

Chlc.Peo.&St.L. December

8,240
234,402
,329,830
74.258
461.558
,893,407
41,565

Chic. Rock I.i P.

,022,8

.

Jiiuuary.
1

St

wk Mch

CWc.Mil.ASt.P. IstwkMch
Chlc.&N-thwn. January.

February

Chic.8t.P.&K.C. IstwkMch
Chlc.St.P.M.&O. January...
Chlo. .St W.Mich. 4th wk Feb
Chiiniewa Val .. December.
Cln.Oa.it Ports. February
.

Cln.

Jack

(k

Mao. Istwk.Mch

&T.P

Oin.N. O.

Ala. (;t. South
N. Orl.
N. E.
Ala. ii Vicksb
Vlcks. Sh. A P.
Erlan^'er 8yat,
Cinii.N()rtliw'u.

&

4th wk Feb
4th wk Feb
4th wk Feb

4thwkFeb
ilh wk Feb

wk Feb
February
Ciu.Wab.A.Mich February
Clev.AkroniCol 4th wk Feb
4th

.
.

Oley. & Canton.. December
OI.Ciu.Ch.ikS.L. 4th wk Feb
Pco. A: Kast'u. 4th wk Feb
Clev. A Marietta February .
Color. Midland. 4th wk Feb
Col. H.V. &Tol. February

Colusa
C;ovin.

&

Lake.. January.

& Mac<»n. February

.

Cuuiberl'ud Val. November.

Day Ft.W.ACh.. January.
Deny. & RioGr.
Dcs Moin. & No.
Dc» .M. & N'weal
Det.BayC.AAlii
Det.I.ans*<&No

1st

wk Mch

February
February
Febniary
4th wk Fob
.

l>uluth8.8.AAtl 4thwkFeb
East Louisiana. February
i;.Tenu.\'a.AGa. December.

Knoxv. AOhio December.
Total sy.stem 4th wk Feb
Elici"Jol..vEa«t. January...

.January.
Empire A D'hlin|Kovembcr.

Kllz. Lex. AB.8..

IstwkMch
H.llstwkMch

Eyaas.AInd'plls

Bvansv.

A

T.

.

8,231

4.774
177.412
48,430
50,280
7,794
3,743
61,822
885,735
68,753
18,632

145,014
24,075
57,445
526,534
4,272
101,109
11,914
3,123

81,042
485,736
30.144
4,025
3,605
16.155
102,168
43,632
24,740
15.308
20,011
205,859
2,116
43,500
16,5.58

54,110
248.702
30,342
20,264
41,045
180,574
1,742
12.084
84.438
45,677
126.000
7.223
14,382
43,000
20.463
21,423
6,600
026.380
65,335
138,178
46,297
57,809
3.162
6.023
19,007

29,574
300,557

Interoc'ulc(Mi) December.

RAILROAD EARNINGS.
Road;.

*
496,233
71,412
23,503

Illinois Centr'ln. .January... l,485.0rtO 1,355,421

of each month.

183.517
4,228,490

223,682
231,01.j
4,503,363 4,459,505
944,977
924,347
218,826
225,298
1.163,802 1,154,911
4,992,585 4,840,093
1,687.335 1,516,416
21,073
21,032
93,558
95,266
234.064
193.430
1,429,377 1,480.982
455,149
443,776
1,884,526 1,924,758
4ir,.23(>
399,389
136,796
134,099
16.251
17,906
405,785
296.390
600,027
558,295
152,814
112,826
40,247
35.483
44,185
47,967
3,020,221 2,237,379
119.348
95.067
1,336,755 1,405,845

iMUtt IHU*.

•
536,067
478,651
261,165
33,032
78.068
193,088
133.206
367,150
72,314
38,399
477,868
3,292,684
641,048
177,080

-

AM.

regular subscribers of the Chronici.e. Extra copies are sold
to subscribers of the Chronicle at 50 cents each, UTid to others
at $1 per copy.
Tlie General Quotations of Stocks and Bonds, occupying

Bt. P.

1 lo

Week or Ho '90 or '9 1. "89 or '90. 1800 or '911 1889 or '90

AMD

iJatlroail InMIigjettJCje.

Jan.

":

J'k'nv.T.AK.Ww January...

wk Mch
4th wk Feb
4th wk Feb
4th wk Fob

KanawhaA.Mich
Kan.C.CI.A8p
K.C,F.8. AMera.
K.C.Mem. A Bir.
Kentucky Cent
Keokuk A West

St

I

I wks Dec.
4th wk Feb
KlnRst'n A Pern. 4thwk Jan
L. Erie All. A 8o February
L. Eric A West.. 1st wk Mch

4,0.53

wk Mch

4.311
57,314
29,879
13,710
213,113
30,258
24,901

Louisv.ANashy. IstwkMch

3.50,720

Louls.N.AACh. IstwkMch
Louis.N.AACor. December

45,749

Looisv.N.O.AT. IstwkMch
Lou. 8t.L.ATex. 1 st wk Mch
Lynchb.ADur'iu February
Memphis A Chas 4th wk Feb

67,602

LehlehA Hud.. February
L. Rook A Mem. 1th wk Feb
February
Long Island
Louls.A.Mo.Riv. December

—

Louis. Ev.ASt.I... 1st

495
6,91.^

13,000
20.882
120,618
76,273
93,011
52,846
30,183
7,990
109.328
137,280

IstwkMch
IstwkMch

JMexlcanCent...
JMex. National

Wk Feb. 28

[Mexican R'way
Mil.L.Sh.AWest
Milwaukee A No
Mineral Range..
Mlnneap.ASt.L.
M.8t.P. &8.8.M.
Mo. Kan. A Tex.
Kau. C. A Pac.
Mobile A Birm..

Iritwk Mcli

IstwkMch
February

.

Febnmry

.

February
February
February
4th wk Feb
Mobile AOhio.. February
MontereyAM.G. February
.

5-<7,373

33,656
3,081

13.308
79,802
5,120
9,23"
80,224
23,878
00.210
7,020
4.324
4,587
55.80
24.200
13.04
182,832
39.451
21,140
337,100
41,100

282
50,433
0,406
4.600
25,343
125,724
70.982
72,049
58,639
30,773
6,802
93.172
148,620
596,891
19,540
5,089
247.300
29,700
308,586

179,2'20

1,449.504
6.158
105.676
26,000
6.410
1,485,080
73.446
308.053
1,660.000
307.227
5,949
1.55.920

73.105
49,737
49,595
705.271
199.299
1,073.956
58,794
9,586
9,912
533,507
00,499
128,.303

450,091
415,214
253,491
3,451,090
425,983
14,023
731,845
07,403
24,000
294.083
1,211,786
755.435
749,92
409,741
275,222
17,.590

219.028
287,954
1,237,164
49,009
48.749
600,186
148.103

23,590
5,149
284,495
1.089,190
893.974
74.098
,043,271 15,937,006 15.530,216 Nash.Ch.ASt.L. January...
3.57,713
357,713
114,101
10.812
105.638
107,002
167.002
Western A Atl, January...
53,990
18,812
18,812
16,908
N.Y.
A
January...
N. Jersey
9,748
30,271)
12.261
11.520
Orl. A Gull February
New
10,809
2,732,996
2,703,853
5,740,848
H.
R.
February
N. Y. C. A
660.428
74,547
673,747 N, Y. L. E. A W. January... 2,172,279 2,155,785 2.172,279
129.832
11,724
615,258 591,544 7,223,989
N. Y. Pa. A Ohio December.
683,141
606,911 N.Y.AN.Eng.. December. 482,780 473,200 6,029.126
57,828
76,513
31.323 N. Y. A North'n. February
3,694
66.068
32,743
40,279
365.432
30,292
282,314 N. Y.Ont. A W.. 1 8t wk Mch
453,465
45,380
38,618
16,242
15.818 N.Y, Susq. A W.. January.
7,557
115,0.-8
104,466
115,088
13,464
9.934 NorfolkAVVest.6 IstwkMch
9,934
150,060 151,095 1,436,136
131,582 1,428,021 1,327,565 N'theast'u(8.C.) December
090,822
64,486
03,707
392.785
329,198 North'n Centra: January... 495,501 559.118
150,200
495,561
79,050
74,290 Northern Paeitlc IstwkMch 374,084 325,832 3,627,252
7,052
149,346 2,115,442 1,971,158 OhioAMiss
71.5,829
94,555
80,723
IstwkMch
,717,408 2,329,830 2,717.408 Ohio ANorthw, February
30,094
13,510
15,423
643,093
517.315
70,214
1,474
000
814
Maysy.
February
Col. A
444,614 4,286,745 4,032,171 OhioKlver
77,916
10,737
4,261
4th wk Feb
,852,333 1,893,407 1,852,333 Ohio Southern. February
96,083
44,263
37,958
424,915
370,165
32,047
46,958
2,815
6.075
Ohio Val. of Ky 4th wk Feb
,154,917 2,120,359 2,311,393 Omaha A St. L. January...
35,150
50,201
35,156
645.724
727,491
83,386
Imp. Co. October... 414,646 390,302 3,702,651
Oregon
488,806 Penusylvauia
485,736
488,806
5,312,475
5,142,311
5,312,475
January.
j.
224,917
198,397 PeoriaDec.AEv.llstwk Mch
26.045
103.974
14.151
17,598
137.388
146,395
5,233
43,1481
43,001
43,1481
[January...]
PeterBburs
7,701
8,106
3,937
352,002
352.602 327.8111
Phila. A Erie... Jauuivry. ..
133,510
96,749
9,321
1,712,090
A Read'g January. 1,712,090 1,500,730,
686,387 Phlla.
685,251
94,2,56
CoalAIronCo. January... 1,443,7001.151,256 1,443,700
327.420
307.804
38,647
3,155,8512,717.980 3,155.851
both Cos. January.
Total
197.826
193,382
24,149
2,804
3,134|
6,760i
Mar. A Ch. February
118,436 Pitts.
109,805
14,422
11.5,874 1,357,093]
127,362
West'u November.
"
117,576 Plttsb. A
110,895
""
17,138
450,408
37.226
45,680!
Pitts.Cley.AT.i November.
188.612 1,407,197 1,447,651
269.184!
20,897
27,5121
Pitts.Paiu. AF". November.
3.227
3,687
1,108
340.4831
39.841
40,175
"Total system IstwkMch
76,775
89.188
37,957
54,827]
51,8'27
100,212
January..
PUt.Young.AA.
119,974
133.907
14.495
43,875
43,875!
33,019|
Aug.
January.
448,012 Pt. Koyal A
581.012
41,933
40.9031
37,151
40,903;
J inuary...
PtRoy.AW.Cai.
239,113 2,063.274 1,957,197 Pres. A Ariz. Cen.' December.
134,594
11,400]
11,088|
24'i,363
243.530
27,420
42.150
19.670'
17,7091
February
QuliicyO.AK.C.
35,878
48.199
16,669
511,200 480.800! 1,031.550
270,065 Rlch.ADauville.;February
310,812
35.247
345.000]
109,7001 158.000
February
Midland..
Vir.
328.190
385,617
164,143
178,500]
87,.500|
88,700]
Oliar.Col.AAu. February
1,206
1,742
1,266
182,350
9j,S0*>i
93,400l
Col. A Greeny. February
20,309
25,296
13,040
157,150
71.250
73,800
West, No. Car. February
75.043
330.550
154,300 151,700,
February
Pac
Georgia
39,539
45,677
39.539
18,2.50
7,950]
8,050
Wash.O.A W.. Fi'bruary
125.000 1,305.500 1,234,930
23,275
10.4001
11,575
Ashy. A Spart. February
11,023
15,412
5.750
2,542,400
Total By.s'm. IstwkMch 209,775, 284,350,
35,1'25
20,809
17,367|
25,368
27,236]
25,368
90,821 Blch. A Peterali. Januaiy...
89,922
51.331
26.419
2.181
Gr'de South. Istwk.vlch
Rio
154,538
164.709
20,958!
840..523
26.200
48,150
wk
Feb
;4th
231,048 Rlo Gr. West.
229,678
25.769,
310.985
310,985 283.037
10,198 Rome W. A Ogd.' January...
17,100
6,460
13,217
5.0U4
6.785
Sag.TuscolaAH.f February
5S7;799 0,783.836 5,832,249 8t.L.A.AT.H.B's 4th wk Feb
220.497
22,037
26,600
581.501
707,.547
.50,421
746,267
68,333
63,034
Ark.ATex. IstwkMch
185.807
130,671 1,233,774 1,227,200 8t.L.
77,354
95.107
39,222 Bt. Paul A Dul'th' February
46,297
39,222
170,220 175.003 1,564.0,84
52.442 S.Aut. A Ar. Pass November.
57,809
91.234
52,442
12,543
12,783,
12.289 .Fran.AN.Pac,i4thwkFcb]
32.991
82,347
1.333
21.123
41,000;
42.102 Sav, Am. A Mou. February
54.095
63,760
5.041
6.376
6.640>
107.633 Seattle L. 8. A E. l »t wk Moh'
189,702
18,278
,

.

.

.

.

.

.

.

. .

.

.

.

.

!

.

.
.
.

i

.
.

I

.
.

. .

.
.

.

.

.

.

'

.

'

034.31S
65,783
131.983

1,189.150
81,224

1,151,982
7,54*
101,198

23.63«
3,123
1,335,421
61,917
1

366,967
037,387
290,178
6,095
90,48$
79,808
46.238
59,408
748,044
224,378

1,036.053
60,409
9,175
9.242
518,.572

47,444
112,295
386,427
463,028
179,589
3,405,273
371,470
11,814
667,640
61,412
9,404
317.81§
1,246,820
706,895
683,814
497,852
234,689
15,113
197,957
354,323
1,226,.505

41,605
44,504
538,93'7

53,400
308.586
16,908
26.206
5.627.259
2,155.785
6,653,816
5,650,504
80.905

322,886
104,466
1,354,404

617,265
559,118
2,780,140
717,692
31,046
1,208
91.036
82,929
32.363
50,261
3,!>71,175

5,142,311
125.032

43.061
327,811
1,566,730
1,151,25«
2,717,986
5,316
1,286.189

452.796
203.508
355.964
106.213
33.019
37,151
128,508
35,735
1,007,100
318,800
172,300
184,008
149,894
340,575
16,098
21,132
2,501.777
27.236
i-'o.-'.Sl'o

283.037
10.97.%

186,446
720.518
164.597
1,266,690
78,035
43.870
52,411

IHE CHRONICLE.

424
Latest Earnings Reported.

Jan. 1

to

Latest Date.

BOISB.
ireefcorJfol'90 or '91. '89or'90.

SUvcrton
.Tanuary.
fllouxCity&No. November
Boutli Carolina
February
Spar. Un. &Col December.
. .

.

.

[

1

7,025
34.619
179,000
12,860

nil.

149,161
12,808

1890 or'9lll889 or '90
S
7,025
283,677
356,747
128,545

niL

291,445
121,990

fVou

The final statement for the 4th
roads shows a gain of 4-46 per cent.
4(A week of February.

1891.

week

Lil.

of February on 98

1890.

Tiierease.

Decrease.

$
Prev'ly report'd (49road8)
4t.Top.it 8. P. system...

3,991,284 3,683,975
3T3,679
66,370
495.978
511,783
45,805
Roads J'tly owned ^..
19,005
29,619
10,614
331,061 4,285,678 3,937,291
St. Louis A S. Frau
141,166
137,656
3,510
107,977 1,160,331 1,101,569
Roads J'tly owned ^a.
18,434
29,062
10,628
MorKan'sL&T. December.
654,447 5,800,832 5,435,352
68.043
67,195
848
192,708 Burlington C. R. A No.
225,630
N.Y.T.&Mex. December.
22,333
9.225
9,104
121
Tex. & N. Orl. December.
180,829 1,871,818 1,747,805 Cape Fear A Yadkin Val.
72.144
81,497
Atlautic sya'iii December. 1,334,478 1,296.617 13,344.285 12,414,723 Chicago St. P. A Kan. C.
9,353
30.144
26,045
4.099
Pacific systeu) December. 2,670,217 2,406,237i34,857,711'33,92S,4g6 Chicago A West Mich
.205,859
188,612
Total of all.. December. 4,010,695 3,702,884 48,201,995 46,343,209 Cln.N.O.AT.Pac.(5 roads)
17.247
Cleve. Akron A Col
16,558
14,495
2,063
Bo.Pac, RR.—
248,762
239,113
9,649
Kg. Div. (Cal.) November.
175,130 176,308 2,139,668 2,003,394 Cleve. Cln. Chic. A St. L.
Peoria A Eastern
30,342
27,420
2,922
80. Div. (Cal.) November.
537,530 491,724 5,950,568 5,611,392
41,045
35,247
Arizona Div.. November.
5,798
176,810 177,286 1,850,209 1,706,435 Colorado Midland
20,463
20,958
495
New Mex. Div. November.
90,936
865,523 Detroit Lansiug A North.
82,483
957,589
138,176
136,671
Btaten I. Rap. T. January.
i,505
55,139
51,617
51,617 East Tenn. Va. A Ga
55,139
55,978
•15,434
Stony CI. ACMt.. January.
71,412
1,107
1,151 Flint A Pere Marquette*
1,151
1,107
32,236
Somniit Braueb. January.
23.563
113,887
62,632
62,632 Florida Central A Penin.
8,673
113,887
43.559
Lykens Valley January.
51,859
8,300
74,786
55,699
74,786
55,699 Grand Rapids A Indiana.
Cincinnati
R.
A
Ft.
W..
8,227
Tot'l both Co'.s January.
673
188,673 118,330
8,900
188,673
118,330
Other lines
.5,017
4 306
T»l.& CoosaVal. January...
711
6.000
6,564
6,000
6.564
Tenn. Midland.. February
324,706
25,483
13,310
350,189
16,301
30,739
32,496 Grand Trunk of Canada.
Chicago A Gr. Trunk.
Texas & Pacilic IstwkMch 112,273 103,714 1,227,475 1,308,062
73,163
68,753
4,410
Det. Gd. Ha V. AMU. ..
Tex.S.Va'&N.W. February
20,239
3.191
18.632
3,677
6.344
1,607
7,310
Tol.A.A.cSiN.M. Istwk Mch
3,879
968
22,354
4.847
20,947
168,664
193,234 Kanawha A Michigan
Tol. Col. &Cln-.. IstwkMch
6,502
2,735
5,751
9,237
5,618
54,132
49,018 Kansas City CI. A Spr.
T0I.& Ohio Cent. IstwkMch
24,237
88,337
86,224
2,U3
22,306
222.188
207,009 Kan.City Ft. S. A Mem..
ToL&O.Cen.Ex. December.
10,621
27,503
23,878
3,625
8,397
109,312
95,905 Kansas C. Mem. A Birm.
Tol. P. <t West.. 4th wk Feb
7,304
18,079
7.020
284
20,428
143,987
149,620 Keokuk A Western
Tol.St.L. &K.C. IstwkMch
13,746
28,840
26,783
13.047
699
266,422
267,905 Little Rock A Memphis..
Tol.&8o.Haven. January...
1,694
20,882
4)461
25.343
1,736
1,694
1,736 Memphis A Charleston.
Ulster&Del.... January.
19,665
93,011
17,003
72,649
20,362
19,665
17,008 Meitican Railway
Union Paoiflc—
Mobile A Birmingham
5,149
5.089
60
Or.S.L.&U.N. December. 649.259 553,406 7,488,031 6,512,345 tOhio River
10 737
4.261
6,476
Or.Ry.&N.Co. December. 512,781 357,678, 4,9.54,711 4,576 136 Ohio Val. of Kentucky...
6.075
2,815
3,260
St.Jo.&G'dl8l. 4th wk Feb
12,061
48,150
26.200
18,786!
21,950
116,418
228,359 Rio Grande Western...
Un.Pac.D.&G. December. 484,180 431,5891 5,783,136 4,595 095 St. Joseph A Gr. Island..
12,061
6,725
18,786
AH otb. lines.. December. 1,734,768 2,070,913 23,569.778 22,718,367 St. L. Alt. A T. H. Brches
26.600
22,037
4,563
Tot.U.P.Sys. January... 3,025,792 2.427,5361 3,025,7921 2,427,536 San Fraucisco A No. Pac.
12,783
12,543
240
OeBt.Br.&L.L. December.
55,579 101,7641
6,600
726
5.874
974,472
854,960 Seattle L. S. A Eastern.
Tot. cont'led December. 3,505.153 3,674,573!44,023,720l40,524,s60 Toledo Peoria A Western
2,349
18,079
20,428
Montana Un.. December.
82,192
68,366
958,964
766,161
Leav.Top. & S. December.
2.124
roads)
216,869
4,047
Total
6,510,675
30,993
(93
6,232,820
494,724
31,149
Man.Al.A Bur. December.
3,729
4,849
39,006
35,698 Set Increase (4'46 p. c.)
277.855
Joint.own'd.ia December.
44,022
38,631
514,482
416,503
Grand total. December. 3,519,176 3,713,204 44,538,202 40,941,063
* Earnings from ice were nil this year, against $16,400 In 1890.
U.S'kYds.&T.Co January.
263,034 238.984
263,034
238,984
t Decrease caused by flood; passenger traffic resumed on 27th, freight
Vermont Valley January...
12,495
11,670
12,495
11,670
Wabash
IstwkMch 238.751 221,057 2,178,234 2,329,806 on 28th lust.
Wab. Chest&W. January...
4,673
4,458
4,673
4,458
The following will famish a comparison of the weekly reWash. Southern Junuary. ..
24,131
23,121
24,131
23,121 suits for a series of weeks past.
Western of Ala. February
51,029
50.943
112,560
110,840
West Jersey
January.
93,089
WEEKLY GROSS EABNINOg.
84,507
93,089
84,507
W.V.Cen.&Pltts. January.
Increase.
91,776
69,377
91,776
69,377
West V.& Pitts. December.
8,265
Amount.
Period and number of roads 1890-91.
1889-90.
7,140
West.K.Y. & Pa. 1st wk Mch
P. el.
62,000
included.
61,900
596,675
570,044
$
$
Wheeling&L.E. IstwkMch
7-50
20,223
53,5,259
19.589
197,948
184,218 3d week of Sept. (91 roads). 7,671,874 7,136,615
WIL Col. & Aug. December.
84,226
84,713
9,786 000 8,779,540 1,006,460 11-46
970,254
891,289 4th week of Sept. (84 roads)
Wisoonsiu Cent. IstwkMch
6-42
79,818
72,020
463.849
765,367
717,653 1st week of Oct. (90 roads). 7,685,626 7,221,777
WrightST.ATen. January.
9,100
500
372,785
7,625
9,100
7,625 2d week of Oct. (90 roads). 7,829,721 7,456,936
Zanesv. & Ohio. January.
2-63
11,26
9,741
200,921
11,261
9,741 3d week of Oct. (89 roads). 7,829.621 7.628,700
5-26
555,802
a wnole system, Inoludmg Iowa lines.
week
of
Oct.
(92
roads).
11,125,64610,569,844
4th
6 Includes in both years
6-21
432,645
Scioto Valley Div., and It^ryland & Washington Div.
week of Nov. (89 roads) 7,404,413 6,971,768
(Shenandoah Ist week
5-98
423,530
Valley.)
of Nov. (89 roads)
2d
7,509,890 7.086,360
I Mexican currency.
</ Main Line.
6-25
433,762
3d week of Nov. (89 roads). 7,378,313 6,944,551
On 54 roads which have reported for the first week of 4th
1-99
172,410
week of Nov. (92 roads). 8,830,294 8,657,884
4-35
March the increase is 4'79 per cent.
296,003
1st week of Dec. (91 roads). 7,102,264 6,806,261
3'21
219,115
2d week of Deo. (89 roads). 7,038,326 6,819,211
5-24
353,408
3d week of Dec. (85 roads). 7,094,015 6,740,607
Itt week 0/ March.
1891.
1890.
Inereate.
Deereatt.
4th week of Dec. (90 roads)
9,127,520 8,089,594 1,037,926 12-83
«~~
5-93
317,238
1st week of Jan. (84 roads). 5,660,996 5,343,758
$
5-49
S
316,081
2d week of Jan. (87 roads). 6,074,416 5,758,335
Bait. & Ohio Southw
44.263
46,176
1,913 3d week of Jan. (86 roads)
571,728 10-15
6,205,470
5,633,742
Buffalo Roch. & Pitts.
40,172
34,113
6,059
5-68
476,514
4th
week
of
Jan.
(94
roads).
8,862,920
8,386,406
Burl. Cedar Rap. & Nor.
82,442
69,769
12,673
3-25
191,343
Ist week of Feb. (90 roads)
6,083,905 5,892,562
Canadian Pacinc
317,000
257.000
60,000
5-20
317,471
week
of
Feb.
roads).
6,105,776
Cape Fear & Yadkin Val
2d
(92
6,423,247
11.257
10,767
490
4-41
263,361
Chesapeake & Ohio
3d week of Feb. (84 roads). 6,235,559 5,972,198
150,788
131,582
19,2061
4-46
277,855
Chicago & East. Illinois
4th week of Feb. (93 roads)
6,510,675 6,232,820
74,258
70,214
4,044
4-79
197,951
Chicago Mil. & St. Paul.
1st week of Mch. (54 roads). 4,334,255 4,136,304
461,558
444,614
16,944
Chicago 8t. P. & K, Cltv.
81,042
83,386
table fol2,344
The
Dates.—
Earnings
Monthly
Net
to
Latest
Cincinnati Jack. & Mack.
16,155
9,321
6,834
Denver & Rio Grande...
full
lowing shows the net earnings reported this week.
126,000
125,000
1,000
EvansviUe & Indianap ..
6,023
5,041
detailed statement, including all roads from which monthly
982
Bvans. & Terre Haute...
19,007
18,278
729
returns can be obtaiued, is given once a month in these
G-rand Rapids & Indiana.
44,730
50,286
5,556 columns, and the latest statement of this kind will be found
Cincinnati R. & Ft. W.
9,089
7,794
1,295
Other lines
5,268
3,743
in the Chronicle of February 21. The neit will appear in
1,525
Orand Trunk of Canada.
324,541
365,735
the issue of March 31.
'4i",19i
Iowa Central
35,207
33,056
2,151
Kanawha & Michigan.
-Ifel Eamings.Oross Earnings
5,492
5,120
372
l«ke Erie & Western.
1890.
1891.
1891.
1890.
57,314
55,867
1,447
Loulsv. Evansv. & St. L
$
Roads.
24,961
$
21.140
3,821
Louisville & Nashville
61,180
64,580
Ohio
Southw.
188,521
350,720
Bait. A
Jan.
185.006
337,100
13,620
Louis. N. Alb. & Chic....
491,445
506,573
1
45,749
July
to
Jan.
31...
1,393,090
1,423,005
41,100
4,649
LouisvlUe N. O. & Texas,
67,662
50,433
26,582
36,158
17,229
117.766
Buff. Eoch. A Pitts. Jan.
191,422
^nisville St. L. 4 Texas
6,915
6.466
355,396
449
July 1 to Jan. 31... 1,417,852 1,121,684
364,473
Mexican Central
120,618
125,724
Mexican National..
21,749
5,106
CJlilc. A West Mich. Jan.
19,475
109,311
98,260
76,273
70,982
5,291
Milwaukee U Sh. & West.
14,555
52,846
Det. Lans. A North. Jan.
16,646
58,639
86,650
77,811
MUwaiikpc <s Northern..
5,793
30,183
30,773
21,221
Ohio Kiver
Hew York Ont. & West.
Jan.
18,400
50,532
48,685
590
45,386
38,618
6,768
•Norfolk & Western,
Philadelphia A Erie. Jan.
110,-274
85,956
352,602
327,811
150,060
151,095
northum Pacllle
'i',635
374,084
"48',252
Ban Fran. A N. Pac. Feb.
325,832
344 dof. 4,164
41,774
36,565
•Ohio & .Vississinpl"
80.723
8,686
Jan.
1
94,555
to
Feb.
28...
def.
91,234
72,035
5,834
Peorta Decatur ABvansT.
13,832
17,598
July 1 to Feb. 28...
153,510
14,151
189,-295
493,339
558,633
3,447
Plttshurir & Western
40,175
39,841
334
Bich. <k Danv. (8 roads)
South Carolina
40.728
Jan.
80,881
177,747
142,284
269,775
284,350
Bt Louis Ark. 4[ Texas..
July 1 to Jan. 31... 1,048,050
237,626
14,575
869,734
435,129
68,034
58,333
9,701
Beattle 1.. S. A Eastern ..
Wabash,
330,017
Jan.
6.640
994,852
1,121,909
208,906
6,376
264
Texas & PnclHc ...
July 1 to Jan. 31... 7,979,2-23 8,394,596 2,226,952 2,618,536
112,273,
103,714
Tol. Ann Arbor AN. Mloh.'
8,559
22,354'
20,947
Whitebr'st Fuel Co.. Jan.
19,977
1,407
9,406
TolodoCol. & Cinn..
5,751
5,618
133
Toledo & Ohio Central
July 1 to Jan. 31...
87,260
91,734
24,237
22,306
1.931
Toledo St.
& Kan.City.
28.840
Interest Charges and Surplus.
26,783
The following roads, in
Wabash
2,057
238,751
221,057
17,694
addition to their gross and net earnings given above, also
Western N. Y. * PennKj
62,000
61,900
100
Wheeling A Lake Erie...
report charges for interest, &c., with the surplus or deficit
20,223
19,880
634
Wisconsin Central
79,818
above or below those cliarges.
72,020
7,798
Total (54 roads)
'-Inter't, rentals, rfc^ .-Bo/. 0/ Net, Earns,^
4,334,255 4,136,304
289,889
1890.
1891.
91,938
1890.
1801.
Met Increase (4 79 p. co*
ft
di
Roads.
197,951
* One day less In 1891.
Chic. A West Mich. Jan.
3.027
23,575
18,722 def. 4,100
Det. Lans. ANorth.Jiin
26,399
26,399 def. 9,753 def. 11. 844
Bo. Pacific

Co.—

Gal.Har.&S.A. December.
Loiil.s'a West.. December.

I

334.922
87,5»7
753,170
22,729
136.121

.

.

.
.
.
.

.

.

. .

.

.

. .

.

.

.

.

.

.

.

.

.

.

.

i

A

.

.

.

. .

.

U

I

—

I

i

•

I

ffl

.

1

1

1

I

MABOn

W

THE CHRONICLE.

14, 18S1.]

425
INCOME ACCOUNT,

ANNUAL REPORTS.

1888.

KteetpUNet eamlnoa
DIvldendH, Interest,

MisHOiiri Pacific Railway.

Ti.iiil

December 81, 1890.^
Tlio new milpaKC added during the year to tiie whole sysThe average mileage operated in 1890
toiii wa8 only 31 miles.
WHS HO miles greater than in 1889.
Oil the whole svstera of roads operated the gross earnings
w. ic s:.-,,;!70.344, an increase over 1889 of $1,876,876; operat-; increased 52,469,845;
net earnings were 17,367,ii
$7,960,.'>83 in 1889, a decrease of $593,968.
The
Oi
7'9
jKJr cent over 1889 and 14'3 percent
gros.s earnings increased

CFor

the year ending

net

Ao

,

. . . .

Innome

]h

In—

Int.
Dlvii.

ids

a

1890

1889.

«

,.Ai\

Rate olOlvldeud
Taxes, rentals, Ac

2,966,601
94 1 ,370

8,707,392

8,908,087

5,689,182

5,.'V)6,774

2,836,718
•1,539,120

2,468,485
1,768,994
4
793,275

2,.'>98,14a

6,010,754
+ 678,428

6,009,828

*3>s

Commlaslona onbonds
Loss on St. L. & San Fran, stock.

941,523
260,000
283,230
6,649,69

Total disbursenienta

—1,841,664

Balance for year

1,«81,7I>0

1,823,498

4
688,187

-1-496,946

I

over 1888; oi)erating expenses increased 15'9 per cent over
1889 and 1 3-5 per cent over 1888; net earnings decreased 7'4
increased 16'2 per cent over
fer cent compiired with 1889 and
S88. The tonnage mileage, or tons hauled one mile, increased
in 1890 no less than 21 '95 per cent, and the passengers carried
one mile increased 19'46 per cent over 1889, and these two
items account for the large increase of $1,003,031 in expenses
of conducting transportation. The increase of $501,710 for
maintenance of way was due chiefly to the laying of 55 miles
of steel in the tracks and to the maintenance of an average
of 90 miles more of road, and increased expenses in the bridge
and building departments. The maintenance of cars increa8e<i
$396,476, owing to increased renewals and repairs. In 1890
the average rate per ton per mile was 1*03 cents, against 1'13
in 1889, 1-15 in 1888, 1-33 in 1887, 1-38 in 1886, 1'38 in 1885,
1-46 in 1884, 1-57 in 1883 and 1-63
1883.
This decrease is
partly due to a reduction in rat«s, but also due in part to an increase in low-class tonnage carried, such as grain and coal.
The oiierations, grass earnings, operating expenses and surplus earnings of all lines operated for the years 1889 and 1890

m

were as follows

Miles operated. average..
Operationt—
isseUKcrs carried

WHOLE

<ScC.,

1889.
6,019

1890.
5,125

Inc. or deerea»e_

106

Inc.

6,177.974
5,635,977 Inc.
458,003
197,547,252 235,986,594 Inc. 38,439,342
2-16 cts.
2-45 cts.
0-'2!) cts.
Dec.
Fieight,ton8, ciiriled....
6,813,391
7,465,823 Inc.
6.52,432
Trtclit, tous,car'd one m. 1,428.576,39/ 1,742,129,301 Inc. 313,552.004
1-132 ct«.
i;at« perton permilc....
l-024ot8.
0-108 cts.
Dec.
F.aniings—
9
9
F-rom frel(?lit
16,178,134
17,813,244 Inc.
1,665,110
From pasHengers.
4,845,650
5,090,017 Inc.
244,996
From malls
703,794
735,473 Inc.
31,679
From exprcR*
495,087
484,376 Dec.
10,711
From rcnta
47,471
51,874 Inc.
4,403
I'rom mlsceUaneouB
1,223,329
1,164,730 Dec.
58,600

russengerBPar'doDem..

Total eamtngs
Disrating exiiensee

Surplus earnings
Ratio oper'g. exp. to earn

.

23,493,465
15,532,883

25,370.344 Inc.
18,002,729 Inc.

7,960,582
66-12 p. c.

7.367,615 Dec.
70-96 p. c. Inc.

1.876.877
2,469,345

592,968
4-84

The gross and net earnings of the several properties
.eparately, were

p. o

in 1890,

:

Mo. Pao. R'y & branches.
-t. L.Iron Mt. & So. E'y.
nt. Br'ch Un. Pac. RR.
laliaWars. ifeSo. Ry..
•

Total

Orois

Ifct

Inc. or dee. in

Earnings.

Eamingi.

Net Eamingt.

13,506,529
10,859.173
974,472
30,170

3,281,823
3,889,4s7
198,843
def. 2,538

25,370,344

7,367,615 Dec.

Dec.
Dec.
Dec.
Inc.

425,569
125,877
51,574
10,060

592,970

LAND DEPARTMENT.
The business of the land departments of the St. Louis Iron
Mountain & Southern and Little Rock & Fort Smith railways
daring the past year, and since date of commencement,
shown in the following table

is

:

UWe
^Sl. L. I. M. (t S. ICu-^
Mo. Div.
Ark. Dfc.
No. acres granted and purchased.... 139,376
1,343,117
!Mo. acres unsold Dee. 31, 1889
96,984
726,893
lu^|.^snla during 1890
price per acre in 1890
- uuHold Dec. 31, 18SI0
aiKiunt of sales In 1890
Ived in 1890

11,549

Roek
(tFl. Smith
BailKuy.
1,057,763
545,810
16.419
$3 28
532,190
$54,746
$53,194

39,982
$2 89
693,217
$125,521
*122.257
cUxKlln 1890
$.39,878
$87,930
.'pt.'* since commencement.. $227,2.36
$2,632,590 $2,421,007
xp 80S since cominencement.$107,467 $1,076,967
$931,180
<'ablcoutstand'gI)ec.31,'90. $32,412
$508,520
$400,129

$109

'

•

Including town

85,843
$12,614
$14,615
$9,250

lots.

EARNIKOS AND EXPENSES.
1888.

Kaminga—

December 31

3,119

1890.
3,145

$

$

$

2,663,354
8,286,682
1.624,184

2,742,808
9,174,427
1,589,294

12,378,641

12,576,120

13,506,529

aiiii.unnc«of cars
H.pllKneous

3,182,360
2,747,811
2,404,075
718,288
359,446

3,157.180
2,567,155
2,062,862
783.662
297,969

3,816,510
2,963,092
2,183,590
938,751

Total expensei
et camliigs

9,411,980
2,966,661

8,868,828
3,707,392

10,224,706
3,281,823

''I'-'i'l

and miscellaneous

Total earnings

Eipentrt—
ransportatlon
otivc

power

iuntcimucoof

way

1889.

465,545
131,791

Uuoolleoted aooounts
Total assets

1890.

$
50,339,643
47,262.659
730,310
1.365.010
2,958,070

9
51,078,982
63,023,538
878,730
676,389
'4,639,377

95,995,642 102,650,692 11 0,297,016

—

Liabititie§

Stock

43,974,850
44,376,000
718,217
Jan.
2,463,517

Funded debt
I
terest duo and accrued
Vouchers for Dec, pay. fol.
Advances
II

M isoollan eons

18.006
4,445,052

Income account (surplus)
Total liabilities
ST.

41,974,850
44,376.000
731,620
1,904,268
5,840,470

47,426.300
51,376,000
932,939
2,510,881
2,431,466

5,123,483

5,619,430

95,995,642 102,650,691 110,297,016

LOUIS IRON MOUNTAIN & SOUTHERN RAILWAY.
EABNINQS AND EXPENSES.
1888
1889.

December 31

Earnings from
Passengers

—

1,190

1,308

$

$

1,597,877
5,865,627
Mail, express and miscellaneous
621,142

—

Maintenance of way

M alntenance of cars
General
Total expenses
Net earnings
*

Including Little Rook

& Ft.

$

1,784,070
6,526,877
663,847

2,149,724
7,945,726
783,723

8,084,646

8,964,794

10,859,178

1,947,644
1,432,937
1,131,301

892,297
185,853

2,083,197
1,464,192
1,051,259
401,612
191,181

2,716,627
1,854,968
1.582,798
583,969
232,325

5,090,032
2,994,614

5,191,441
3,773,353

6,969,687
3,889,486

Freight

Total earnings
Expenses
Transportation
Motive power

1890.

1,560

Smith,

<&c.,

in 1890.

INCOME ACCOUNT.
1888.
Xeeeipts—

$

Net earnings

1889.

1890.

f

2,994,614
60,239

3,773,355

3,054,853

4,061,884

3,916,843

2,407,300
409,003

2,407,626
1,030,248

2,414,506
798,979
773,294

3,821,018

3,988,779

+238,550
+ 240,866
GENERAL BALANCE DECEMBER 31.

—69,936

Other receipts

Tetslnet income
Disbursemen ts —
Interest on bonds
Taxes, bridge expenses,
Dividends

&c

Total disbursements
Balance for year

2,816,303

1888.
Assets—
$
Cost of road and equipment
58,825,096
Land grants
2.373,578
Investments In stocks and bonds.. 10,225, 143
Casbonhand
61,014
Miscellaneous
32,048
Total assets
lAabilUies—
Stock

71,516,879

288,529

383,144

1889.

$
61,020,524
2,310,452
8,425,499

3,889,487
27,356

1890.

$

30,810

61.468,037
2,201,976
8,559,632
315,979
33,754

71,927,165

72,879,378

1.39,880

25,731.025
39,516,548

25,763,950 25,784,200
39,780,007 39,780,691
852,000
913,000
753,973
753,051
721,493
1,950,248
972,205
1,643,980
3,565,035
3,805,950
3,736,014

Funded debt
Car trusts
Interest due and accrued
Balance of accounts payable
Incopie account,

Total UabUltles

...71,516,879

71,927,163

72,679,«78

New Albany &

Chicago Railway.
("For the year ending December 31, 1890.^
The annual report is not yet issued in pamphlet form.
During the year past the company spent on improvements
$1,077,554 the floating liabilities one year ago were $987,000,
and the floating debt now is less than $2,000,000, offset by
$2,800,000 gold bonds in the treasury.
The President's report concludes as follows " While the
business of the year shows a substantial improvement, it
should not be taken as an indication of the possibilities of the
property. During the past year the road was operated at a
LonisTille

:

1889.
3,119

2,939,725
7.790,949
1,647,967

issoiigers

Iail,i\pre88

Cosh

bat

31.

$

Cost of road and equipment
47,973,121
Invcstmi'iits In stocks & lionds. 46,744,254
Materials aud supplies on hand.
680,931

cent,

;

MIBSOURI PACIFIC RAILWAY (PROPER).

lUes operated

1888.

Auttt—

Miles operated

8T8TEM.

Ratei per pass'r. per mllo.

'

UENBRAL BALANCE OECEXBEB

:

OPEBATIONS, EASIONOS, BZPBNgES.

s"o.

The dividends actually paid in the year 1 888 were 6k per
the Income account iu the report gave only 3>s, as above.
*

322,7,54

disadvantage, owing to the fact that some 15,000 car-loads of
the company's material were hauled, and repairs were being
made during the busiest part of the season. During the lam
four months, or since the new locomotives have been received,
the company showed increased gross earnings at the rate of
over $25,000 per month. It is confidently believed that the
gross earnings of the present year will not be less tbaa
$3,000,000."

In advance of the printed report, the figures for 1890 haTe
been furnished to the Chbomcle, and the lollowing compara
tive statement is made up
:

•

THE CHRONICLE.

426

[Vol, LI.

business advantageously and economically ; a condition we
confidently hope to attain the coming year."
$
*
$
Of the coal and coke department the report says: "Your
taming»:fnm600,909
s.fsnT
585,037
544,688
collieries at Coal Creek have not sufficient capacity
1,668,187 1,802,315 company's
1,573,552
i|2?;l?l
i?S^^r"::-.:::::::-.::::
226,908 to meet the demands of the market, and it is now the inten242,599
174,542
157,898
&o
express,
Hail,
tion of your management to make new openings to secure the
2,292.782 2,495,823 2,630,132 necessary increased product, and at the same time, by the inGross earnings
?'?§2'f^i
1,630,879
1,544,113
1,424,677
1,4 89,698
Operating expenses
troduction of improved machinery, materially reduce the cost
999,253 of mining."
951,710
~805,925
868,105
Het earnings
62-00
61-87
Of the iron and steel department it is said: "The opera62-14
64-89
p. c. ol op. ex. to oam'gs.
tion of the iron and steel department, considering the various
INCOME Accotrar.

EABNINGS AND EXPENSES.

its

1890.

1889.

1838.

1887.

1887.

1888.

1889,

1890.

$

Ifet earnings

805,925

868,105

*957,186

S
999,253

interest
Kentals, taxes, &o
Interest on car trust

SiS-f}?
228,641
25,uou

581,775
282,458

573,965
276,345

782,078
82,077

$

A

864,155
850,310
864,233
3,872 sr.106,876 sr.135,098

803,455
2,469

Total charges

Bur.

sur.

Balance

has had to overcome, has been fairly satisfacstrike in the rail mill and difficulty in obtaining
tory.
suitable cars upon which to load finished rails caused delays and
extraordinary additional costs during several months. Tlie results of careful and extended investigation and prospecting of
iron ores has resulted in removing all doubt as to your company's
possessing large bodies of rich ore, superior in quality to that
heretofore used, and sufficient in quantity to meet the requirements of any additional blast furnaces which may be redifficulties it

Southern
"^^"includes $5,476 net earnings ol Louisville

There is no reason why your company should not
manufacture Bessemer pig as low as any plant in the counIn this connection it is proper to state that it has been
try.
deemed wise to take advantage of the present depressed steel
and iron market to urge to completion the extensive new con»
struction, improvements and betterments decided upon" * *
" The apparent loss of $13,320 in this department for the year
A large portion of the earnings under the head
is misleading.
of miscellaneous in the statement of earnings and expenses was

Boai

quired.

Grand Rapids &
fFor the year ending December 31, 1890.^
The annual report of President Hughart states that the
Eailroad proper
groTs'earniiigs of the Grand Kapids & Indiana
18-5 per cent The
were $2 601,978, an increase of $310,813, or
were §1,743,032, an increase of $218,579, or 14-3 per
The net result was the largest in the history of the the result of the operations of this department.
rent
per
company being $858,946, an increase of $92,232, or 12
$1,351,750
earnings for 1890
increase in freight earn- The gross
229,934
cent over the previous year. The
The gross earnings lor 1889
to the
principally
due
was
cent,
per
226
or
ines'of $320,976,
$1,121,816
Increase for the year
tons, from which the
ice traffic which amounted to 161,998
account of the
revenue to the company was $230,639. On
the steel rail department was idle in 1889 no compari"As
of the comdistance which it bad to be moved and the nature
son can be made for 1890 but the merchant iron department
low,
moditv the rate per ton per mile was necessarily very
shows an increase of 90 per cent in volume of business, with a
but notwithstanding this the net result was satisfactory.
decrease in cost of $5-94 per ton, and a decrease in average
shows
The result of the year's operations of the main line
price received per ton of $1-14."
there
which
the net earnings to have been $858,946, against
Of real estate, the report says " The policy of continuing
leaving
a
was charged $739,900 for interest on funded debt,
our sales of real estate, which was explained to you in the
unon
interest
surplus of $119,683. From this was deducted
report for the year 1889, has been continued, with the result
funded debt, losses on leased lines and rentals at Fort Wayne, of marketing the same to the aggregate of $1,038,583. Up to
of
clear
net
$30,293,
in all $89,390, leaving for main line a
of the embarrassment of Baring Bros, our sales of
com- the time
against a loss last year of $28,433. The net profit to the
real estate were active, and at that time negotiations were in
previous
the
lines
was
$46,261;
pany for the operation of all
progress for half a million or more dollars worth of property
Veai ihere was a deficit ot $20,766. The sales in the land de- unfortunately, the financial stringency occurring in October
for
acres,
$316,851,
to
36,690
amounted
partment for ihe year
made it impossible for the class of people who usually deal in
an average of $1122 per acre. The unsold land remaining Western property to secure funds neces.sary for their operaacres.
329,844
to
amounted
At the time of writing
Jan. 1, 1!:90,
tion, and negotiations partially ceased.
The Cincinnati Bichmond & Fort Wayne Road again shows this report, owing to the general improvement, there is a
operaof
the
year's
results
in
the
improvement
a satisfaciorv
marked tendency to continue operating in Pueblo real estate,
considerably
tion, and the earnings, both gross and net. are
and sales have been consummated within the past thirty days
increase
of
an
were
$471,296,
earnings
gross
The
increa.sed.
exceeding $150,000." * * *
an
inwere
earnings
$165,853,
net
and
ctnt,
per
55
or
$24 572,
The general remarks state that " the number of Colorado Coal
crease of $48,656, or 41-5 per cent. After payment of interest & Iron Company's bonds belonging to the sinking fund in the
on funded debt a surplus of $3,854 remained, against a deficit Trustee's hands represent $345,000 par value, an increase of
of $8,982 in 18S9. The amounts advanced by each of the $67,000 during the past year. Your management, in view of
Indiana Kailroad.

«™s

;

:

.

;

guarantor companies, including interest to December, 1886,
are as follows: Pennsylvania Company, $377,603: Grand
Bapids & Indiana, $377,044 Chicago Hamilton & Dayton,
$8^,646 Chicago St. Louis & Pacific, $9,700; total, $1,131,995.
For the Grand Eapids & Indiana Railroad proper, earnings,
expenses and charges for four years have been as follows
EAENINCS AND EXPENSES.
;

;

:

1888.

1887.
Ifiles

Passenjters
Freight
Mall, express,

409

403
.*„„„

operated

Bamtni/s—
,

je

1890.

408
$
718.894

730,203

428

734,408
1,371,200 1,419,825
127,180
152,447

ZJHS2

1 ,.'>13.3._!9

101,o93

Ac

1889.

1,740,801

131,412

2.301,901
Total
Oper. exiKsnses and taxes. 1,516,997

2,232.788
1,528.597

2.291,166
l,524,4n3

2,602,416
1,743,032

844,904
64-23
Per cent op. cxp. to earns.

704,191
68-46

766,713
66-54

859.384

Neteamings

the many interests in their care, deemed it wise
holdings in the South Pueblo Water Company.
lars per share (par $50) was obtained for the
stands upon the books of the company at a cost
'

'

Neteamings

1889.

1890.

$

a

$

$

land in Colorado, is in process of development. Two wells
have been drilled, the first producing 80 barrels per day and
the second still undetermined. A refinery of the capacity of 200
barrels per day is nearly completed, and this enterprise, which
is an entirely new one to your company, promises the most
satisfactory results."

The following comparative statement of earnings and m-

come account does not include

Miscellaneous

*850,533

704,191

766,714

859,383

715,600

719,428
47,443
17,138

737,425
54,553

739,700

8.646

3,168

89,390

&

CFor
The report of Mr. Edward

December

J.

-1890.Orosa

-1889.Net
Croat

Eammgs.

104,387
Coal and coke dcpartm't. 1,028,279
229,935 loss 15,231
Iron anil steel departm't.
26,359
3,897
•Real estate departmeut.
15,843
15,843
Miscellaneous earnings...
'

Earninga.

!fet

Eamingi.

248,734
1,201,965
1,351,751 loss 13,321
10,770
30.059
185,715
185,715

Total..

1,300,416

108,896

INCOME ACCOUNT.

2,769,490

431,898

.

1888.

1889.

]890.

293,922
6.226

108.896
14,481

431,898
68.727

300,148
209,910
1,360
9,042

123,377
209,940

500,625
209,940
2,342
2.416
34,076

$

Iron Company.

the year ending

:

\

Total
724,246
784,009
795,146
829.090
Brtmce
sur. 126,'287 def. 79,818 def. 28,432 sur. 30,293
'Includes profits of Mack. Trans. Co.— $5,629.

Colorado Coal

sales of real estate

EABNINGS AND EXPENSES.

Earnings,

Dtiliict—

Interest on bonds
Interest on flouting debt.

.

Your coal oil property at Florence, which embraces the choic-

est oil

66-99

1888.

stock, which
of $51-25 per

share.

INCOHB -ACCOCNT.
1887.

to sell their

Seventy dol-

Neteamings

Add Income from

31, 1890. )

Berwind, President, stages

tbst the increase over the year 1889 of $1,469,074 in gross
eaniings and $322,003 in net earnings of industrial departmenth finds tiie company practically in the position of
haviii- i-arncd $i 40 per share (2 4-10 per cent) on the stock,
after iwying intere»t on bonds and all charges whereas in
the previous year there was a deficit of $192,818, after paymeut of interest on bonds and all other charges.
" It is highly important that your comHe remarks tbat
pany should possess adequate cash working capital, arid it
the purpose of your nianagem'^nt to defer the payment of
;

:

i.-,

dividends until sufficient profits shall have been accumulated
to place it in the strongest financial position, and to conduct

investments, Ac

Total
Less interest on bonds
Less premium on bonds
Interest, discount and exchange
Taxes and insurance
Items to prolit and loss
Total
Surplus
Royalties earned and credited to coal.
coke and real estate capital accounts
during the year, included in operat-

Ingexpenses

5,305

1,421

15,636
44,108
45,089

11,365

316,194

225,647
74,501 df.192,817

85,808

58,722

61,192

•This does not Include salesof real estate, which in 1890 amounted
to *1,023,583.

March

THi: CHRONICL*:

14, 18»1.J

and

GENERAL INVESTMENT NEWS.

bond'4 to

Im<

427
thus acquired are offered to tbo itookbolder*

Chicago & We«t Michigan Railway Coinpaiir.
The bonds will Ije delivered with the guaranty of the
Culled lionds. The following bonds have been called for Chicago & West Michigan liailway f;ompany of prinpayment
cipal and interest, and the stock will be entitled to
COUNINO COWANRSQUE & ANTRIM RAILWAY.—68 o£ 1888, the same dividends that may, after ita iwne, be paid
accrued
due May I, 1898, to be paid at par and
interest on pre- upon the stock of the (Jhiogo & West Michigan Railway
sentation at the office of the tidelity Insurance Trust & Safe Company. The issue of first mortoage bonds will be limited
835
Chestnut
Street,
Fliiladelphin.
De|K)t<it ComiMiny, No.
The Chicago & Weot Michigan Company
in- to $18,000 per mile.
terest ceasing May 1, 1891, bonds for 1180,000, being 174 bonds reserves the right to issue its own shares to stockholders, infor 11,000 each, VIZ.:
stead of, or in exchange for, the iharea of the new company,
Nor. 3. 13, 17. IS, 27. 32, 33. in. 51, 01, 70, 73, 81, R7, 80. 100. ll,->. if it shall be found practicable and desirable to do so. Each
120, HO, ltd, ISO, l.-il, 152, IHO. IHl. 188. 190, 1»«, 202, 2l!». T2-1. holder of 40 shares of Chicago & West Michigan stock
is
of

the

—

258, 205, 270, 27J, 277, 287, 288, 2>.tl, 21(8,
30!>, 337, 338, 304, 307, 309, 372, 37H. 387,
420, 428, 435, 437, 445, 45'), 4,57, 458. .l.M),
490, 409, 511, 532, 540, 552, 502,501,508,
.593, 594, 0O7, Oil, 013, 018, 028,029,(138,
000. OsO, 088, 097. 714, 728, 745, 759. 773,
h38, 840, 848, 849. 853. 855, 801, 803. M77,
908, 923, 931, 941, 945. 947. 950. 902. H7((,
081.980,994.990,1001, 1012, 1010,1023. 1027,1032, 1047. UMi2,
1009, 1078, 1083, 1084 1080. 1006. 1102,1115,1130,1131,1134, 1102,
1171, 1174, 1178, 1184, 1187, 1191, 1198.
•2iH. 230,
2!I5, 2i)!l.

890,
482,
669,
«41,
779,
881,

233. 23!*, 218,
300, 304, 307,
400, 410. 422, 423,
483, 488, 492, 493,
570, 673, 582, 587,
0,50, 050. 058, 005.
796, 798, 814, S30,
890, 900. 904, M(i,

given the right to subscribe for a block of the new securities
of the Chicago & North Michigan Company, consisting of a
$1,000 5 p( r cent 40-year guaranteed bond and five shares of
full-paid stock of the new company. For this block each
subscriber will pay $950. The right to subscribe will be given
to stockholders of record

March

aqd assignment of rights

will close

and the subscription lii>t
on April 4.
CoDistoek Tunnel.- This company is paying the two coupons due May 1 and Nov. 1, 1890, on its income mortgage
And 12 bonds for $500 each, viz.
Lionds.
It is understood that the mining companies have
Noa. 1203, 1205, 1200, 1212, 1220, 1237, 1240. 1282, 1285, 1287
paid up their royalties, which were withheld for a time on
1290, 1300.
New York Mutual OASLiaHT.— The principal of the fol- account of the suit by a few holders of old Sutro stock, though
lowing first mort}?age bonds will be paid at par on May 1, the suit is yet pending.
Dnbnqiie & Slonx City— Cedar Falls & Ninripsota.— In re1891, at the Union Trust Company of New York.
Registered
bonds before presentation must be made payable to bearer by gard to the litigation between these companies, it will be remembered that in October last the United States Circuit Court
the transfer officer. One hundred bonds, viz.
KOB. 104. 433. 439, 440, 446, 450, 460, 471, 472, 482, 485, 489, 497, held that the lease of the Cedar Falls & Minnesota to the Du.507, 575, 577, 582. 050, 053.654, 6,50, 009, 093, 696, 704. 709. TU,
buque & Sioux City was valid, but that the Illinois Central
714, 70H. 709, 781, 795. 830, 837, 850. 880. 890. 898, 902, 908, 930, was in no way bound to the Cedar
Falls & Minnesota.
The
935,937,904.973,974,970,984.988. 989, 1036, 1037, 1043, 1000.
1072. 1077, 1082. 1091,1107,1112,1131, 1133, 1148, 1152, 1157, Dubuque & Sioux City has given notice tliat it will appeal the
1158, 1170, 1170, 1190, 1192, 1211, 1235, 1237, 1238, 1241, 1257. case to the Supreme Court of the United States.
1260. 1202. 1280. ISOl, 1309, 1318, 1319, 1323, 1327, 1331. 1333
Geergia Southern & Florida— Seaboard & Roanoke.—
1340, 1341, 1359, 1381, 1380, 1387, 1388, 1393, 1416, 1433, 1438,
The recent announcement of the acquirement of the Georgia
1481, 1482.
Northern Pacific Missouri Division first mortgage bonds Southern & Florida by the Seaboard & Roanoke through Mr.
to be paid at 110 and interest on presentation at the office of John M. Robinson, the P resident, seems to have been premathe Farmers' Loan & Trust Company, interest ceasing May 1, ture. A dispatch from Macon, Ga., states that an application
1891, one hundred and ten bonds of ^OOO each. The numbers for a receiver for the Macon Construction Company was filed
of these bonds and the facts relating to their payment will be on the 10th inst. in the office of the Clerk of the Superior
Court by John S. McTighe & Co., contractors. The construcfound in the advertising columns of to-day's Chronicle.
tion company has built a road from Macon to Palaka, Fla.,
Chicago Milwaukee & St. Paul.— The following is the
286 miles, which is now in operation, and is building two
report for the six months ending Dec. 31, 1890, on which the
other roads, one from Macon to Savannah and the other from
dividend of 3}^ per cent on the preferred stock was declared
Macon to Birmingham. Of the latter road about one hundred
Gross earnings
$15,190,420 miles are in operation, and the other
road is nearly all graded,
Operating expenses, including taxes
9,560,521
with the rails down for a few miles. The construction comNet earnings
pany
owns
all
of
the
$5,629,899
roads. Two liens were filed at the same
OtUer income
22,320 time, one for $290,000 and the other for $96,600.
Total, slxmontbs
Kentucky Union.—Judge Barr, of the Federal Court at
$5,652 219
fixed cliarges
3,618,423 Louisville, Ky., has appointed H. F. Kean, of New York,
receiver of the Kentucky Union Railroad. Mr. Kean is a New
Credit balance
$2 0.33 795
18,

:

S"* per cent dividend

764,396

Surplus

Chicago

$1,269,399

& Northern Pacific—The

application to the N. Y.

list Chicago & Northern Pacific bonds
mortgage is fixed at $30,000,000, from wiiich
$18,850,000 can be used only to pay for property acquired;
$650,000 to retire a mortgage to the city of Chicago; $399,000
to retire bonds of the Chicago & Great Western Railroad;
$1,000,000 to pay interest up to April 1, 1893, if necessary, and
$9,101,000 for improvements, betterments, rolling stock, &c.
There have been deUvered $18,850,000 to pay for the property
and the $1,000,000 to pay interest. Wisconsin Central an*
Northern Pacific guarantee sufficient income to pay the in-

Stock Exchange to

states that the

terest.

The property of the company consists of extensive tracts of
land in Chicago, with the railroads and terminal buildings
erected thereon. The cost of the buildings is calculated at
$1,400,000 and improvements and equipment at $3,6150,000.
The company owns cliarter rights, &c., &c., which are deposited with the Farmers' Loan & Trust Co. The capital stock
authorized and issued Ls $30,000,000. A full abstract of the
mortgage, showing property covered, &c., will be given in
the Chronicle next week.
Chicago Rocit Island & Pacific -Chicago Kansas & Nebraska.— A press dispatch from Kansas Citv, March 12, says
:

"Judge

Caldwell, of the United States Circuit Court, has
signed the decree of foreclosure in the case of the Rock Island
Road against the Chicago Kansas & Nebraska, and the kitter
line is now to be disposed of at public sale to satisfy the Rock
Island mortgage of §28,000,000. The date of sale has not yet

been fixed."
Chicago & West Michigan.— The directors of the Chicago
& West Michigan Road have just issued to their stockholders a
circular announcing a plan for the extension of the Traverse City hne to Bay View, Mich., a point two mUes beyond
Petoskey, in all a line of about 93 mUes. To this end, parties
acting in behalf of the Chicago & West Michigan Railway
Company have organized a cortwration, imdcr the laws of
Michigan, called the Chicago & North Michigan Railroad Company. In view of the great advantage to the road from controlling the busine.s3 of this new Ime, the directors have
agreed to find the means of constructing and equipping it
and to permaneBtly operate it as a part of their line, uiwn
terms which will result in the Chicago & West Michigan RaUway Company becoming the owner of substantially the whole
stock

and

of the entire

bond

issue of the

new

road.

The shares

York banker.

LoiiisTillc & Nashville.— At a meeting of the directors of
the Louisville & Nashville Railroad Company, held in New
York, the office of Chairman of the Board was created, and
Mr. August Belmont was elected to occupy the position. He
will be in control of the New York office of the company.
Mr. Milton H. Smith, heretofore Vice-President, was elected.
President, with offices at Louisville, Ky.

Louisville

New Albany & Chicago.—The

annual meeting

of the stockholders of this companv was held in the company's office at 47 Broadway, N. Y.,"on the 11th inst. The
regular administration ticket contained the names of only
three candidates for directors, to serve for four years, and the
following were chosen: Jno. E. Russell, Boston; Allen G.
Lampson, Boston, and John A. Hilton, of New York. Mr.
W. S. Alley protested against the vote under the clas.'sifioation, and demanded that a full board of thirteen directors
be voted for. The President allowed his protest to be read.
The total vote cast was 31,400 out of a total of 50,000 shares.
All but 800 shares was voted for the management ticket. The
800 shares were cast by R. W. Leonard (in the same interest
as Mr. Alley) for 13 directors. After the election Mr. Leonard
claimed that the vote for three directors was illegal, and that
his board was elected.
Mr. R. C. Downer, of Boston, then
voted 4,9.50 shares for thirteen directors in the interest of the
present management, so that in case the vote for only three
should be held illegal the present managers would stiU be in
power by a large majority. The board of directors elected
officers as follows: President, William L. Breyfogle; First
Vice-President, George F. Postlethwaite; Second Vice President, Hiram W. Hunt; Secretary and Treasurer, William
H. Lewis; Assistant Secretary and Treasurer, John A.
Hilton; Executive Committee— H. H. Campbell, Willis Bumstead, Gilbert B, Shaw, John B. Hughes and George F.
Postlethwaite.

Lonigville New Orleans & Texas.— In the application to
the Stock Exchange, the following statement is made of the
earnings and income account for Uie year 1890 :
Gross earnings
Operating cxitcuscs

Earnings over o])eratlug expenses
Taxes
Rentals
Interest and discount
Intere.itou bonded debt

Miscellaneous expenses

Surplus

$3,236,566
2.402,420

$834,137
$01,883
1,637
17,445
588.090

13^204— 712,690
$121,446

1H£ CflRONlCLK

428

Missonrl Kansas & Texas.— The following is an official
statement of the earnings and expenses for the year ending
Dec. 31, 1890, under the receivership
:

-Gross earnings

$9,004,005

,

Operating expenses (including rentals)
.......,....-.'7&X08

•--

$6,450,958
m^f^oi)

—

OjOiOf^oy

$2,390,766
I,4eb,i97

Net earnings
Amount expended for betterments

$894,568

Surplus

LVoL. LII.

A

issue of the remaining Terminal bonds of the company.
stock vote was taken for directors, and at the same time upon
the question of accepting the acts of the legislatures of Rhode
Island and Connecticut authorizing the company to guarantee
the bonds of the Rhode Island & Massachusetts Railroad to an
amotmt not exceeding $1,500,000. There was only one ticket
for directors, and the propositions were adopted. The fellowdirectors were chosen J. A. Bostwick, Thomas Rutter, John
!. Macaulay, Sidney Dillon, Henry Hentz and Alex. E. Orr,
of New York
Charles A. Sinclair, Eustace C. Fitz, Charles
Hov^ard, Jonas H. French, Charles A. Prince, A. W. Nickerson
and Samuel A. Carlton, Boston
R. H. Deming and B. F.
Vaughan, of Providence
James L. Howard, of Hartford
David S. Plume, of Waterbury George M. Landers, of New
Britain, and Arthur Sewell, of Portland. The changes from
last year's ticket are the substitution of A. W. Nickerson,
Samuel Carlton and R. H. Deming for E. V. Carey, William
A. Haskell and Nicholas Sheldon.
The new board of directors held a meeting immediately
after the stockholders' meeting and elected J. A. Bostwick,
President, and James W. Perkins, Secretary.
:

;

Stocks Authorized or Offered.— The followa list of new issues of securities now offered for sale, or
ing
soon to be offered

New Bonds and
is

:

STATES, CITIES, COUNTIES, &C.
Co., N. C— New bonds will be issued.
^
Alexandria, Dayton Co., Minn.— Bonds for refunding are autliorizea.
Aktiocu, Paulding Co., Ohio.— $5,000 cemetery V)ond8 are proposed.
Antwerp, Ohio.—'5,000 bonds are projiosed.
,
^._
Ai'PLETON, Wis.— $100,000 public-improvement bonds are authorized.
AUDCBON Iowa.- $8,500 bonds are to be issued.
Bluffton, Allen Co., Ohio.— Jfew bondsare proposed for natural gas.
Bristol Co., Mass.— $150,000 additional Taunton court-house bonds
..,.

,

.

,

,

,

Brookings, So. Dak.— $9,000 10-20 year 6 per cent school bonds are
proposed.

Co., N. Dak.— $135,000 refunding 5, 5^ and 6 per cent
bonds, due in 10 to 20 years, are offered.
Burlington, Vt.— $100,000 refunding 4 per cent bonds, due in 40
years, redeemable in 20 years. Bids will be receiyed till March 20
by G. D. Wcller, Treasurer.
Chatfield, Minn.— Water-works bonds are proposed.
Chippewa Fallc, Minn. Improvement bonds have been authorized.
Chippewa Falls, Wis.—$100,000 manufacturing-aid bonds are pro-

Burleigh

posed.

Cleveland, Tenn.— Water-works bonds are proposed.
COLORADi'.— $300,000 5 per cent State-capitol bonds are contemplated.
Columbus, Franklin Ci>., Ohio.— $85,000 5 per cent school bonds, due
1901, will be offered at auction March 26 at the FrontStreet School.
Particulars of O. E. D. Barron. Clerk.

Cottage Grove.- Bridge bonds are authorized.
Cdtahooa Falls, Summit Co., Ohio.—$15,000 electrlc-llght bonds are

New York Stock Exchange- Now Securities Listed.— 1 he
(Joveming Committee of the New York Stock Exchange
have added to the lists for dealings the following:
Chicago & Northern Pacific Railroad.—$19,350,000 first mortgage 5 per cent 50-year gold bonds. (An abstract of the mortgage will
Be published in next week's Chronicle.)
(Chicago & Erie Railroad.— Additional $500,000 first mortgage 4
and 5 per cent gold bonds, making the total amount listed $10,500,000.

(Abstract of the mortgage was in V. 51, p. 91) .)
Cleveland Cincinnati Chicago & St. Louis Railway (White
Water Valley Division).— $412,000 first mortgage iH per cent gold
bonds. The Committee on Stock List are empowered to add to the list
from time to time the balance of $650,000 when officially notified of
the issue.

Cleveland Cincinnati Chicago &

& Columbus

1892, are to be refunded with 10-year 3 is per cent bonds.
Dubuque Co., Iowa.— $125,000 4 per cent 25-year bonds are offered.
EsTiiEBriLLE, Iowa.- $15,000 school bonds are to be issued.
Faribault, Minn.— Railroad aid bonds are proposed.
Fort Wcrtii, Texas.- $500,000 court-house bonds are proposed.
Gainesville, Texas.— *30,000 bonds are to be issued.
Oarrettsville, Ohio.— $6,000 railroad-aid bonds are proposed.
Greeneville, Tenn.— Water-works and street-improvement bonds
have been authorized.
Hastings, Minn.— Bridge bonds are proposed.
Hastings, Neb.— t20,0ii(> .-chool bonds are to be issued.
Lake Co., Min- .—$20,000 road 5-20 year 6 per cent bonds are ^proposed.
Lynn, Mass.— $200,000 bonds have been authorized.
Madelia, Watinwan Co., Minn.— Water-works bonds are proposed
i~ ^
*"
Manitowoc, Wis.— $10,000 sewer bonds are proposed.
Melrose, Mass.— $3,000 water bonds are authorized.
Milwaukee C.-., Wis.-$100,0OO county-building bonds have been
"v^u
authorized
Mineral Point, Wis.— New bonds are proposed.
Missoula Mon.—$2(1,000 20-year 7 per cent bridge bonds and $65
h'v.^.u^v^
000
sewer bonds are proposed.
Morristown, Tenn.-$5,000 uridge and school bonds are authorized
Morris (Village), MiNN.-Bonds to fund floating debt are propos^
•

and $310,000 waterworks bonds proposed.
N. J.-$33O,00O SH. per cent market bonds, due
1916 Bids
"*""'"*' Chauncey & Gwynne Bros., 10 Wall
Street Vlf Marc* 24
NoBTii pAK.)TA.-$loo;o00 4per cent 30year funding bonds
Bids
will be received by I.. E. Booker, Bismarck, till
Marcli 20
North Knoxville, TENN.-Sewer bonds have been
authorizijd
Renville, MiNN.-$10 000 water works 7 per cent bonds^l
pronosed
proposed.
Roan Co., TENN.-Bridge bonds are proposed.

Newark,

poSr'^"''^'^'"'""*^'*"^ "*'*''"""'»'<"• ^"<l^

a>^ Pro-

Lo»P C«nal bonds will be issued.
8?n? w'^xr'iP- MiNN.—
M?f."-"~U-^'/*/S
STILLWATER,
$2o,000 refunding 5 per cent 30-vear bonds pm.
wn lie received till April 4 by E. A^HopMns
Jr
OWKIollars 5 i.er cent permauent impr.5vement Jfty Ctok S60
bondl aie conteS'"'°<'« '"'' ^ "e issued.
T^n«f
TACOMA.-I.-n?i,?;^°*'?*^
$b50,000 bonds are proj^osed
•

""'"''

''""fls are proposed.
?iS'!L'i'"'i''^"''v; *''i9'''"°
?,'^^.*^'^'^''^'"' Co., Neb. -$10,000 water bonds are proposed

Toledo, Ohi. ..--$7,000 market bonds are proposed" ^"''^^^•
"-""•' Oa-o-^^-OOl?
street-improvement bonds
^^Z^vro^.fa""'^
'^"';^^^;^^C''-9^^'^<'onvtrhou^ flve-yearSper cent bonds
are

bonds

will be Issued.
wp«i;".i'''7.?''w'^*'"''~*^<''0<'0
Weston Co., WvoMixo.-$20,0006percentfundlngbonds
Commissioners will receive bids till April 6
w,
WiNDOM, MiNN._$25,0O0

Thprn„«t^
* ^°'^^

wat«r-work« boids are proposed.

RAILROAD AND MISCELLANEOUS COMPANIES
""* ""'"«^«« ""« *75.000 in-

DJvl8ioni.—$l, 035,500

Louis Railway (Springfield
mortgage 5 per cent gold

St.
first

bonds.

& Cleveland Railroad.—$1,282,000

Cincinnati Sandusky

proposed.

Dayton, Ohio.—$35,000 sewer bonds are proposed.
Deer Co., Te- n.— $25,000 bonds are to be issued.
Denmark (Town), Mink.— Bridpe bonds are proposed.
District of Colu.mbia.— The $3,y00,0(M) bonds due July, 1891 and

*'"SlS:e'^So?d''s'irpr^5;s^S:-*'''*''''«'

;

;

ALEXANDER

are proposed.

;

;

tional first consolidated morigage 5 per cent gold bonds,
total amount listed $2,477,000.

Flint

& Pere Maequette Railroad.—$300,000

consolidated mortgage 5 per cent gold bonds,
listed $1,500,000.

addi-

making the

additional first

making the

total

amount

Louisville New Orleans & Texas Railroad -$2,091,000 additional first mortgage 4 per cent gold bonds, $217,000 additional second
mortgage income 5 per cent bonds, making the total first mortgage
bonds listed $16,132,(500 and second mortgage bonds .$8,851,000.
Oregon iMPROvtMENT Company. -$4,991,000 additional consolidated mortgage 5 per cent gold bonds, making the total amount listed
to date $5,981,000. The Committee on Stock List are empowered to
add to the list from time to time the balance of the bonds, $890,000,
when they shall have received ofiicial notice of issue.
St. L uis Iron Mountain & Southern Railroad.— $5,675,000 additional general consolidated mortgage railway and land grant gold 5
per cent Bonds, stamped and guaranteed by the Missouri Pacific Railway, making the total amount listed $(>.956.000,
Toledo Ann Arbor & North Michigan Railway.— $1,400,000 first
consol. 5 per cent gold bonds.
St. Louis & San Francisco.^A press dispatch from St.
Louis, March 9, said
"A special meeting of the stockholders
of the St. Louis
San Francisco Railroad Company was held
to-day. It was called for the purpose of increasing the capital
stock of the company $10,000,000, and it was adjourned to
meet April 9, at which time the proposition will be voted
upon. The adjourament was in pursuance of an understanding between the Atchison Company and the committee representing the holders of the first preferred stock and for the
purpose, it is said, of enabling them to successfully terminate
certain negotiations now pending. The meeting called for
March 9, to act upon a proposed increase of the bonded indebtedness of the company, was not held. Another meeting
having the same purpose in view has been called for May 9."
Union Paciflc. This company offers to purchase, on or
.before March 19, 1891, for account of the Oregon Short Line
Utah Northern Railway Company, shares of the capital
stock of the Oregon Railway
Navigation Company in lots
of five shares, or multiples thereof, at par, and to pay for the
same in collateral trust five per cent sinking fund gold bonds
(at par) of the Oregon Short Line <%; Utah Northern Railway
Company, due September 1, 1919, guaranteed principal and
interest by the Union Pacific Railway Company.
Certificates
of stock held in England and Europe will be received for
exchange up to April 30, 1891, if accompanied by the dividend payable thereon April 1 next.
r

&

—

&

&

Western Union Telegraph.— The estimated net earnings for
the quarter ending Dec. 31, 1890, were $2,000,000 the actual
were $1,729,023, or $270,978 less than the estimate.
The
estimated net earnings for the quarter ending March 31, 1891,
compared with the actual results in the same quarter of 1890,
are as below given.
-~—(juarter ending March 31.-;

.

^

Net revenue
Deduct—
Intereston bonds

SlnUngfund
''"ftoVk?s?ot**vSt^'^S.

It

^^-"^^

was votedTo ratty and

& SprinKfiol.1

Railn Id

*«"«

<" 9.000 Shares preferred

LlTrm ^hA

to author^^^^h

'"

tWs

week.
^T^""
^^^ Providence

T^ "/

Net revenue
Lessdividend

Actual, 1890.

Ettimated, 1891.

$1,554,153

$1,500,000

$223,143
20,000

(II4

Surplus for quarter
Add nominal surplus Jan. 1

Nominal surplus March 31

—

$223,458
20,000
243,143

243,458

$1,311,010
p. c.) 1,077,396

$1,256,543
c.) 1,077,400

(1'4 p.

$233,614

$179,142

9,357,303

11,141,995

$9,590,917

$11,321,137

.he bonds of the
Wheeling & Lake Erie. A special meeting of the stockrro;idenoe^&"spd^i!;^%^,i^r,n*°*^^
Railroad to an holders of the
amount not exceedine -SI 000 0<W to rft;^
Wheeling & Lake Erie Railway Company will
•

Jea«. of the Woonsocket
Pascoag
due^tors to take such action

&

th«
l^ilroa,?.?^ "^^^'P"

r^f,r-^23U'?yr^rel^:

be held on April 15 next at Toledo, O. for the purpose of considering the question of increasing the capital stock of the
company by issuing 9,000 sliares of additional preferred stock.
,

HlROH

U

THE CHEONICLB.

lUVI.J

429

COT TON.

^ommzxcml %xmts.
COMMERCIAL EPITOME.

'ght

Friday Night. March

Friday.

Thk Moyembjtt of thk

a.1

from the South to-night. Is
bales,
this evening the total receintH have reached 87,541
against 112.570 bales last week and 196.896 baleo the preTious
week, making the total receipts since the 1st of Sept., 1890,

1891.

18,

P. M.. March 18. 1891.
Indicated by our teleirram*
given below. For thn week ending

(^rop.

A storm on Sunday and Monday of this week, extendiiiK
over the whole country, wa-s unusually severe, causing lo<al 6,009,512 bales, against 5,490,7.58 bales for the same neriod of
flo<«ia that were more or less destructive, and givinj; reason
1889-90, showing an increase since Sept.l, 1890, of 518,754 bales.
the Mississippi. PlantinK operato fear a serious overflow of
tions are somewhat delayed, and are l)ei5mnin(? to be

l)ehinil-

Rectipttat—

in

Southern and Middle latitudes.

«alea to realize caused the loss of part of the recent advance.

DAiLT oLOsnia psiOM or ULBo

Hamb delivery

o.

April delivery

o.

M»y

delivery

Junedellveiy..
Julrdrllvery

Sat.

itbn.

Tuet.

G-07

6-12

ti-12

617
620
633
644

o.
o.

628

...o.

6-38

615
6-27
6-39
6-50

Wtd.
6-34
6-39
6-42
6-54
6-6«
6-78

Thwr.
6-45
«-49

655
6-63
6-78

FH.

braced 25,000 lbs. pickled bellies, 8(§ 11 lbs. average, at 5c.,
closing quoted at follows Pickled bellies, 4:%@5\{c. pickled
Smoked shoulders,
shoulders, 3f^c., and hams 7U(37Sgc.
4%@5c., and hams, 8i-^@9c. Tallow is firmer and fairly
Active at 4J'8C. Stearine is quoted at l^c. in tcs. and oleomargarine firmer at G^c. Butter lower at 29® 36c. for creamery.
Cheese is steady at lOtfUJ^c. for State factory, full cream,
;

17-6.50.

June

1700c.

September

17-450.
17-300.

July

16-850.
16-600.

October

16-20o.
1 5-65o.

December

14600.

August

ToUU.

1.053

».03I

200

200
29,319
4,602

2.972

3,609

8,527

816

264

623

177
48

3,322

2,855

3,226

1,380

1.879

1.432
1,411

904

2,421

659

600

32

13,094
1,411
4,610

168

300

351

163

89

1,248

890
425

1.751

3.106

1.420

975

2,587
1,607

340

388

277
4
816
308

223
85

916
155

972
327

831

1,091

1,267
1.331

1,167

483

50

39

13

203

4.135

216

1890-91.

48

4
9,680
3,938
1,357
5,364
2,746

529
137
787

137
1,096

87.541

Pbtl'dera,

42,696

20.066

29,319 1,783,509
4,502 271,120
34,700
48
13,094 990,450
1,411
170,475
4,516 426,272

21,586

,834,114

711

231,580
28,870
898,585
160,089
310,969

309,095
37,304

190,651
12,440

60.257
2,816
35,749

31,964

12,185

11,796

20.224
4,605

22,841

1.521

9,630
3,938
1,257
5,364
2,746

Boston
..

137

&o

1,096

4,778
3,181
1,792

165
16,112

1.802
131,133
3,732
384,570
313,895
52,146
99.183
64,051
76,586
63,323

141.546
10,000
5,717
5.49S

7,867
111,396
g.OOO
5,313
16,273

54,735 5,490,758

689.113

454,783

323

177,431
3,739
561,588
304,838
85,542
97,734
82,513
46.656
39,118

2,865
1,926
1,837
2,408
1,647
1,984
2,924

87,541 0,009.512

Totals

1890.

813,519
22,611

4

..

1891.

1889.

408

687

West Point.
NwptN.j&o

Baltimore.

1,

6,363

1,248

tforfolk

Stock.

Since Sep.

Thit
Week.

909,800
23,340

200

P.Boyal,Ac
Wilmington
Wa8h'tn,&c

dew York.

1889-90.

Since Sep.
1, 1890.

9,031

Bruns., dto.
Obarleston ..

closing quiet.
Coffee on the spot has been quiet and closes easier. Rio No.
7 sold to-day at ISl^c. for early arrival and ISc. to be shipped;
quoted on the spot at 18}^c. Mild grades are inactive. The
peculation in Rio options has been less active; prices weak«ned in s.i mpathy with the dulness of the spot market, which
caused some selling to realize. Some advance at the opening
this morning on stronger European advices was lost in the later
dealings. The close was barely steady, with sellers as follows:

May

813

9,786
2.406

5,290

Thi»
Week.

. .

March
AprU

m.

TAwrf.

1,461

For comparison we give the following table showing the
week's total receipts, the total since September 1, 1890. and
the stock to-night, compared with last year.

;

:

1.30e

rotalstblsweek 13.760 16,540: 22.066 11.257 10.629 13.289

6-33
6-37
6-40
6-54
6'66
6-80

;

;

Wed.

Tuet.

2,166

Pblladelpli'a,Ao

6-56
6-93
6fO
o.
August delivery
Receiptf to
Pork has been active and buoyant, closing in fair demand
March 13.
but barely steady at the advance quoted at $10 25^?10 7.5
for old mess, $11 75;^ $12 35 for new mess, $9 75@$10 50 for
extra prime and $11 75'(J$18 25 for clear. Beef more active at Salveston
El Pa80,&c.
firm prices extra mess, $7® $7 35 packet, $7 50,S$8 family,
48 50a$9 50 jier bbl.; extra India mess, $13@|15 per tierce. Sew Orleans.
Beef hams have been very active, and prices are decidedly Uoblle
higher at §15@$15 50. Cut meats have been very active and Florida
prices show a partial improvement. The sales to-day em- Savannab. ..
;

2,233

Baltimore

nrmsM.

6-07
6-12
6-15

MOH.

Sat.

Food staples have
generally advanceil, and some of them now bring extreme Oalveaton
El Paso, Ac...
prices from apprehension of scarcity. Cotton shows less depression. General trade improves, but cannot be called active Haw Orleans...
The shipping interest is quite depressed, Mobile
in any department.
Florida
much tonnage being unemployed.
Lard on the siMit wa-s fairly active and prices were buoyant 8avaunah
Brunsw'k, Ao.
down to the close of yesterday's business, when prime City
brought 6c. and prime Western fi-43^c.; but to-day there was Obarleston
Port Royal.&o
aome reaction, and the close wasquiet at5-8535'90c. for prime
Wilmington
•City and 6-82i^'c. for prime Westeren, with refined for the
WaiA'gton.&o
Continent quoted at 6-40cd6'80c. The speculation in lard for
future delivery became quite excited, and prices made sharp Norfolk
West Point...
Advances. Tlie demand was largely to cover contracts, and wa.s
N'wp'tN'8,Ao.
prompted by the smaller number and lighter weiirhts of swine
arriving at Western iwints, and the belief that production must Kew York
be greatly curtailed for some months to come. But to-day Boston

hand

In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
Receipts

—showing an irregular decline for the early months.
Raw

sugars have been fairly active and close firm at 5i^c.
Muscovado and o%c. for centrifugal of 96
The sales to-day embraced 3,500 tons, 89 deg. test,
-deg. test.
atSi^c.and two cargoes of centrifugal, 96 deg. test, at 3
T-lCc.. c. f. i.
The speculation in raw sugars for future delivery was dull to-day, and the close was nominal at 3'48@
8-Mc. for April, 3-58d;3-64c. for May, 3-68 a3-73c. for June
and 3'74'a3'78o. for July. Refined sugars at 6fjC. for crushed
and 6i^c. for granulated; also granulated for April at 4^^c.
The tea sale on Wednesday went off at steady pricos, the offering not being a large one.
Kentucky tobacco is steady, but business is dull, only small
transactions for export being reported. Seed leaf also has
moved less freely, and sales for the week are only 1,390 cases,
as follows: 3.50 cases 1889 crop, Pennsylvania seed, ll@15c.;
120 cases 1888 crop, Penn. seed, 13>^@U>^c.; 150 cases 1889
crop, Penn. Havana, 13}^® 30c. 330 cases 1889 crop, Wisconsin Havana, 8i^@13>^c.; 300 cases 1889 crop, State Havana
14@80c.; 100 cases 1889 crop. New England Havana,
16® 50c., and 150 cases sundries, 7@85o.; also 850 bales Havana, 70c.(a$l 15; and 217 bales Yara, II. cut, sold to arrive.
On the Metal Exchange Straits tin is quiet at 30-15c. on the
spot and 19-95c. for May. Ingot copper is entirely nominal.
Common lead is quiet at 4?8C. The interior iron markets remain very dull, but prices are maintained by conbinations between producers. Further measures to reduce production
have been adopted or are under consideration.
Refined petroleum is lower at 7-3oc. in bbls., 9'40c. in cases
and 4-70c. in bulk ;. crude, 7c. in bbls. and 4-45c. in cases
naphtha, 7c. Crude certificates declined under Increased flow
from wells and closed at 73i^c. Spirits turpentine closes
weak at 41(a41i^c. Rosins are steady at $1 55(3$! 60 for
strained.
Wool is not active, but prices are pretty well supported. Hops are steadier.
for fair refining

;

;

at—

1891.

Oalv'ston.&c
New Orleans
Mobile

1890.

1888.

1889.

1886.

1887.

6,771
21,586

325

953

376

799

815

Point, &o
Al'otbers....

9,231
29,319
4,502
13,094
4,516
1,252
9,630
5,195
10,802

2,865
3,763
12,144

3,969
12,958
18,101

2,781
5,899
5,908

4,823
3,562
6,949

8,639
4,091
6,256

Tot this week

87,541

54,735

80,026

47,333

57,716

57,743

Savannab.

..

Cbarl'st'n.&c

WUm'gt'n,&o
BTorfolk

Wt

711
4,773
1,792

6,338
25,898
3,073
5,813
2,923

6,081
19,688

we

813
3,287
2,504

4,404
17,308
3,182
8,758
5,400

3,729
29,170
1,782
3,677
3,225

Since Sept. 1. 6009,512 5490,758 5090,991 5022,261 4959,574 4727,174

The exports for the week ending this evening reach a total
of 94,170 bales, of which 65,904 were to Great Britoin, 1,345
to France and 26,921 to the rest of the Continent.
Below are
the exports for the week, and since September 1, 1890,
Week Bndinfl IfarcS

From

18,

Ormt

GalTestoQ

OonM- Total

I

Brit'n.;

***"«•

iMnt.

ertat
Week, Brttoln.

18.265.

6«8.310'341,312

ii.'^.eii I

8.877

8377

127.624! 87,637!

4,884

4,400

9,234

117,729! 16,330,

6,967

800

7.787'

242.730| 11,849

48.912;

124,580j

...

81,780

e9.077|

...

74,867|

963671

—

Charleston
Wilmington...'
Norfolk

90.1(0

j

4,624

Point...

N 'portNw8,Ac.
I

13,890:

4,824
2.860'

2.8«o|
'

1,S46{

5,7U 20,449
6.977

8.1.368'

1.8t7

312,195' 29,118

188,748|

8,977
I.T09

1.586

».«95,

47.962!

006!

80

7261

18,688

885.441

j

...

18.409

t95.88«
63,180

112,273
4.464
68.718

j

Phllsdelp'a.&o

Total
Total. 1889-90.

Total

nent.
99.818

.

Boston
Baltimore

"»*"

478,806. 21,933

Savannah ..
Brunswick

...

1891

OoMi-

!

i

13,

11.078

17,I»S,
Orleans.
Hob. & Penc'lal

New York

1. 1890, to Mch.
Saported to—

560
840

10.520

New

West

Sept.

Bxported t»—

BxvorU
from—

1.9

601,167
465,203
7i.a67
560,702
120.223
328.913
154.977
298.191
150,310
69,077
483.684

I18.US

U

118.080
18,602
4. 6e8,«et

1,845

26,921

94.170 2.003.823 475,983 1.601.U1

81.127 n.gio

15.184

97.801 2.170.268 444.9<:o'l.814.Ot0'M6»,»l«

'66,904

THE CHKONICLE.

430

also
In addition to above exports, our telegrams to-night
shipboard, not
Rive us the following amounts of cotton on
add similar figures for
cleared, at the ports named.
New York, which are prepared for our special use by Messrs.
Carey, Yale & Lambert, 24 Beaver Street.

LVOL.

The Sales and Prices of Futures

March 13 cU—

New Orleans...

Other ports....

10,919
3,950
None.
3,200
None.
4,800
4,200
7,000

Total 1891...

34,069

Galveston
Bavannali
Charleston..
Mobile
Norfolk

..

New York

Total 1890...
Total 1889...

Coast-

Other
France. Foreign

Great
Britain.

wise.

466

21,011
1,510
4,900
15,000
None.
None.
2,900
3,000

10,624
None.
None.
None.
None.
None.

950
None.

5,299
2,100

400
None.
1,500

None.
None.

H

00

GS^c
is? Q5?=| SSg^g
o
» pj
(S ai

OS

Shipboard, not cleared—for

-

so

CD f5

P

CD-

CO

B

M

7,755
12,904

37,387
33.187

-EC-

Slock.

Total.

266,075
31,937
53,257
17,149
37.304
13,924
133,496
32,242

43,020
10,759
7,000
18,600
None.
6,300
8,050
10,000

2:
00

:

48,321

9,765

103,729

585,384

C5

45,564
44,484

8,879
18.910

99,585
109,485

355.198
576,245

coop

15

00^

2

<1^

advance on Monday morning of 18@ 30 points. A cold storm
prevailed throughout most of the cotton region on Sunday
and Monday, but little assurance was felt that the predictions
of the bulls regarding reduced acreage would come to pass, and
selling to realize profits caused the loss of part of the early
On Tuesday the cessation of excessive rains
advance.
and a weak report from Liverpool
at the South
some "long" orders
caused a further decline; but
came upon the market, and these, with buying to cover, led
to the recovery of most of the early decline. On Wednesday
a larger spot business at Liverpool gave a moderate degree of
steadiness to our prices, but dealings were slow until New
Orleans reported a smart advance in futures, when our market became active and buoyant. It was said that buying
orders to a moderate extent were received from the South.

Yesterday the market was active and excited, prices varying widely. There was some speculative manipulation in the
bull interest, said to be for Liverpool account. To-day the
opening was slightly dearer in response to much better prices
for futures at Liverpool and an active spot market there, but
selling to realize caused our values to decline sharply, and
they lost yesterday's advance. Cotton on the spot advanced
i^c. on Monday, declined l-16c. on Tuesday and advanced
i-16c. on Thursday. The market to-day was dull at 9c, for
middling uplands.
The total sales for forward delivery for the week are 661,000

——

5

cao

"

>

—

€)

y

Ordinary
Bcriot Ordinary
Good Ordinary
Btnct Good Ordinary
low Middling
Strict Low Middling
MidUlinK
GoodMiddlins;
Btrict Good Middling
Middling Fair

lb.

6H

638

6'iie

6i3,e

7».6

7n,„ 7»8

7l6,f

S'SlP

9

9%

913
9'8

93i
lOia

1059

im

11

GULP.
ft lb.

61116
71a

613,8
7I4
8>8

8
838

CD

XQOOQp
cox®cc

Good MlddUnK
MlddUngFair
Tail..

STAINED.

8%
8\
8i5,e
9'l8
913,,

108,8
lUifl

9

816,8
97,8
91»16

9''8

912
978

10=8
11^8

10=8
llie

6^

6%
7'il8

Tb.

Frl.

613,8

613,6
7J4
8l8

8%

&i^:
O
tK'XOfO
I

.

Middling....:

61a
658
713
85,8

MABKKT AND
8POT MABKBT
CLOSEO,

.

Tuesday., cjniet at 1,8 dec.

Wed'day. Steady .......!!:
Thursday Hrm at in adv.

bll,6

87„

838

61,8

838

Ex-

6%

6%

7=8
87,8

758

I'otal.

221
235
194
114
357
320

221

1,411

1,441

235
194
114
357
320

V'O

en

©,^:

10

to

XX

^

cJtCJt

ft

®,":

CO

I

-g

tog

XX
^o
coco

5

XX

XX
XX

2

X-] ft
o<no*^

Old

"^

ocop
coco

CO

^.^:

(D

J

sP:

<

00 op

ODf»

oto

2

COCO

too

®y:

1

a?>:

o
(ceoto
I

03

00
00

2

(^o:CO^

^1,^.0,1

5

foto

66

,
I

sp;

o^o
01
o
5
®

Oto

.

03

a?:

I

03

®y:

ai(oo<c

tDd<=6

'JfX'

03

te6

2

c
_

85":

QDO

C

5

tote

5

tote

5

tooo

2
*^

1.1^:.

f»
*<

h-6

(B

oto
wcc

oti
toto

cc to
I

tOCDOtO

MW
I

^

aJ*:

sf:

totooto
QC

too

!5

to to

to I-

2

«.*«:

MM

I

H.6
toto

toco

5
2
"^

QD0DO03

MP-

a

<co

X

tctO

to to

I^

66
03 PI

HM
03
10
I

to

5

e)

I

ar:

I

totooto

mioOm

i^to

toto

;
g

etc

a.";

tocoto
lilO

=M

I

cccoeo

a

:

00

totooto

ceo

2
*^

to^^

tiO

o>
"^

e w:
O:
ccocco
I

I-

tfi.

CO

8

CO

I

(^

f»00

I

00
M

to

,
I

000

06

03

^
*1

:

oto

'

tt»-

ft

'

"^

1

M

1

CCCDOO

to to "^ to

<IO

5
2

06
I

03

031)^

*=^6
M^Oo
M
X 6
y
00 §"
M"—
00
" MO
XO
cow 2
©«:
1*^

MM
CIO

a)*':

:

(0(^0

toto

I

totooto

01

5
2

66

61

03r-

MO

2
^

:

01
xxox

OH-^ri
tc<i

2
^

toto

xx

«.":
I

totcoto

to

2

o^^o
XOi O
a

2

sir":

1

5

cccooo

el*
totooto

to

to»

o
"^

toco

66
t
c

fc

tOOOtO

15^

61^ "='6
cp- to

I

w

sr";

ocop
obob

totooto

a

to ui

h^

I

OCQOOOp
obob^ob

I

03

toto
ft

5
2

66

66
Olio

^6
coco
to

o

toe;'

9.'

totcoto
M.:.<=6

too

totooto
totocto

tOCOOOO

I

too
I

I)"

2
'

QCOD

>-»

CD

totocto

tote

CO

tooo

too

tOtOOtO

2

sp;

eoco^cD

ectoofo
If^

I

u
ODCIOOOD

1

*j*jO^

ll'CC

Si":

ooots''
I

o

cccxooc

<(

_

031
I

toote

to 00

to to

2

a°>;

I

I

5

S.-^:

i

o

XODOCp

cop

toco

h-o

CO

OCIOM*-

CO

05 a>

5
CJ<;

ODCD
I

I

oocr

cjt

-g

(KOO

5

o;c:f-*''

^

ci di

>-o

«0'.0

2

'^

9

I

2

COfD^CO

00

5
ft

ODOpOCO

tco^o
to
M oo'^o
g. ^
05 03

occ.

or
I*

I

S

:

en

totooto

MM^O
CO 03

I

a«;

o
o
I

'

e

to

totooto

Mto® M
OiO

o
%

;i:

I

€)$

FrI.

87,8

SALES.

Con- Spec- Trantump. tit'Vn sit.

ODQO

I

I

6l8

eifl

RALES OF SPOT AND TRANSIT.
port.

Saturday Quiet
Monday. Steady at »e adv.

aig
63i
758

tPX

'^^

to® to
X-q

Wed Tb.

iO

w
X
CO
xxox
xxox xxox
xxox

®io:

dp*:

I

CCfOOCO

CDCDOO

nion OTnea

wo5

08O*

CO

I

(DX
O"© 2
OTXtO^

teto

913

Wed

81"

"

8'l6
8'i«
813,8

<jai

&,^:

I

I

8%

IQOia

638
613,6

•

o
xxox xxox xxox xxox
xxox
xx®o
ox CO xob®
XX X
K)
00 Ci xx®x

8^

»ib

Good Ordinary

Steady.

8

7=8
8
838

6l3,s

2
"^

2

91s

Sat.

Good Ordinary

Total...

6\

^a
OCX

<

Fri

6%

65„

6%

2.

u»
CO

ar:

I

O

1-t-

Wed Tb

8"i!
813
8'I8
81a
gj'«
878
81»16 813,6 878
87e
9»4
93|6
OH
9=4
938
97,8
938
97,8
9''l8
910,6 915,6 978
978
915,6 915,8
103,8 105,8 10J4
1014
105,8 105,6
1015,6 liMe 11
11
11118 li'ie
117
11»1. llJa
Ilia
119,8 11»18

Btrict

Friday.

§ii«

RIon TnCB

Sat.

Ordinary
Btrict Ordinary
Good Ordinary
Btrict Good Ordinary
IjOw Middlin<'
Btrict Ix)w Middling
Middling
;.
Good Middling

Low Middling

87"
8'1«

it'>«

Fair....!

Strict

nion Tne*

:

CI

odgooqo

2

5

QDCO

**

00

QCGO

CDXOOD

—

Sat.

00

COX

5
2

"<itoo"

cjr

tox

I

o

I

C5

opop

to

000

.

03

..1.0

ooccoco
.rh<=>

For immediate delivery the total sales foot up this week

for export, 1,441 for consumption,
for speculation, and
in transit. Of the above
bales
were to arrive. The following are the official quotations for
each day of the past week March 7 to March 13.

00

tea
P.
•< toor'

to

XXOOD

XX
XX

en

to

t<iCO

^^

I

&?(.'«

p.
^f»
wS
e coo:'
< ffio-i

highly probable, but almost inevitable. These reports alarmed
the short interest, and a demand to cover contracts caused an

UPLANDS.

^

"pOOOfB

•

them official) to the effect that the planting: season is very
late, and that a reduced acreage for the next crop is not only

—

tt

<s

(N

I

00

00

ooco

2:
a;

O

B

IK.

I

including

O

tB

I

ttCCr-O

market
The
opened very strong on Saturday last, and on Monday morning
became very buoyant in response to a marked advance in the
Liverpool market. Various publications were made (some of

1,4-tl bales,

f5 f5

Is-?

ft ft)
fp fo

speculation in cotton for future delivery at this

bales.

a

£

Leaving

•

11,574

shown by the

following comprehensive table:

We

On

are

Lll.

Sales of
Futures.

42,500
142,400
64,200
101,900
191,300
118,700

* Includes sales In September, 1890, for September, 228,300; SepteiD,
bei^October, for October, 349,300; September-November, for November
382,700; September-December, for December, 947,300; September"
January, for January, 2,260,800; September-February, for February"
1,589,100.

The following exchanges have been made during the week
100 April for Aug. •09 pd. to eiclu 100 May for June*
500 May for Aug.
07 pd. to exch. 300 Nov. for Jan.

•30 pd. to exch.
•22 pd. to excii.
•08 pd. to exch.

100 Mcli. for Apr.

The Visible Supply op Cotton to-night, as made up by cable

is as follows.
The Continental stocks, as well a»
those for Great Britain and the afloat are tliis 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. 13), we add the item of exports from
661,000 the United States, including in it the exports of Friday only.

and telegraph,

March

THE CHRONICLE.

14, 18«1.]

1889.

1890.

1891.

TftQ.OOO

1888.
80S,uOO

17,000

17,000

7,000

2ii.OOO

Total Great Britain stock. 1.101,000
4.400
Atork at Hamburg
148,000
Stock BtBromeu
20.000
Stock at AniHtenlam
400
Btock at Rotterdam
8,000
Btock at Antwerp
232,000
Btock at Havre
7.000
Stock at Marseilles
86,000
Btock at Barcelona
10,000
Btock at Genoa
16,000
Btook at Trieste

1 ,092,600

766,000
2.200
25.900
20.000

918.000
4.000

531,900

410,600

...balei. 1,144.000 1,079,000

fltook at Liverpool.

btock at Londuu

.

. .

Total Continental stocks
Total European stocks..

2,300
134.000
7,000

45,4110

21,000

400

300
6,000
165.000
3.000
96.000
20,000
13,000

1.200

400
700

13,^.000

177,000

4.000
55.000
7,000
0,000

3.000
61,000
4,000
10,000

259,700

3:20,300

l,«i)2.800 l..'>3.1.600 1,025.700 1,244.500

..

India cottoiuitloat for Kurope.
Amer. cotfiuitlDatforKurope.

206.000
324.000
Sl.OOO
454.783
161.4SO
20,072

l.iti.tMIO

4(;7.000

Egypt.Brazil.Ac.afltforK'r'pe

4S.OO0

etock in lUilt«d States port.>(..
Stock In II. S. Interior towns..
United Stales exports to-day.

6-t'J,113

324.70S
1?,0!)5

American

afloat for Europe...

United suites stock
United States iuteriorstocks..

Ooited States exporU to-day.
Total American..
Matt Indian, lirasit, •(«.—
Liverpool stock
London stock
C'outiuentiil stocks
India afloat for Europe

849,000
353,000
321,000
454.783

840.000
419.000
467,000
639.113
324.708
17,093

bales.

101,

20,072

301.000
17.000
112.800
156.000
4^,000

Egypt, Brazil, Ac, afloat
Total East India, Ac
Total American

226,000
17.000
93.600
206,000
31,000

705,000
200.000
286.000
767.978
264.402
14,541

174.000
7,000
81.700
260.000
35,000

190,000
23,000
126,500
185,000
42,000

r33.935 2,608,575 2,804.511

2,

Savannah

6'8d.
117,80.

Siiihd.
IO140.

538d.
lOisc.

Cy The imports into Continental porta this week have been

.

WUminKton

8%

8 'a

81>js

8«a
8*8
8Tg

8>li

S\

81»18

81*18

9

9

8:ii«
Siiis
91a

811,8
811l8

938

8\
81'i«
8II18
919
914

9%
e\

8lf,8

8^

8\

8»8
811,,

8\

8t»ia

9
9

.

9%
ah
8%

938

8%

9H
BH
8\
6H
»••..-.
9H "^

8ii|a
9>8
9>4

918
914

.',

IW.

8"8
8»8

9
9

e\

9^

..

8»,«
8^8
SI*

81*18
8«B
8"i
8»,«
8^8

8^S

93a

St.

8<>s

Thuri,

8\
9

..

8i«ia
8"B

OOROH OH—

Wednet.

8^8
8«s

9

—

Luius
Cincinnati

8l*i«
8«i
8"8
8>i«
8^8
81.

STg
n't

Korfolk
Boston
Baltimore...
Philadelphia

Tuet.

Jfox.

8%

.

Charleston.

42.000
767,978
264.492

637.800 573,600 557.700 566.300
2,756,916 2,162,335 2,050,875 2,238,011

Total visible supply
3,394,716
4i»i«d.
Price Mid. Upl., Liverpool....
9c.
PriceMid.Upl., New York....

8".
8»8

35.000

2,756,916 2,162,335 2,050,875 2,238,011

.

8»,«

Orleans
Mobile

New

Memphis

14.541

talur.

Qalveston...

Augnsta..

585,000
17H.OO0
268.000
683,730
198,304
35,841

HO

13.

IH.'i.OOO

Of the above, the totals of American and other descriptions are as follows:
Amenean—
Liverpool stock
CoutineutalBtooks

March

2811,000

198,304
35,841

OLOSIMO QCOTATIOn VOB MtDDLUlO

Wtek tudtng

3tiS,000

3,391,716 2,735.935 2,608.575 2 804,511

Total visible supply

QaOTATIONS rOR MiDDLINO COTTON AT OTHKB MaBKETS.—
Below we give clrning quotations of middliriK cotton at Southern and other priocipal cotton markets for each day of the week:

260.000
6:^3.730

431

..
9^
The closing quotations to-day (Friday) at other important
Southern markets were as follows:

914

Louisville.

Atlanta

9

Columbus, Ga.
Columbus, Miss
Eufaula

8'4

SH

S'ls

I

|

I

1

Little

Rock

8I3

....

Muiitgoiiiery

.

Raleigh

8% Rome

.

Nashville

B'n
8i«

Natchez

\

|

8>s»'^
1

......

......

Helma

8»8

Shreveport

SM

From the Planta'hons.—The

RECEIPTS

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

Wtek

188».

Feb.

IS..

"

iO

••

87..

Msh.

6.

•'

13..

1891.

1888.

1890.

1891.

1839.

1890.

t8«l.

126,347 140,253 160.818 386.621 280.618 103.668 101.629 182.917 164.400
186.670 99.965 135.735 320.287 259.957 391.344 119.436 79,371jl28.411
96.350 83.218 124.264 297.545 239,995 385.704 73,608 63.266 118.614
96.593 86.608 126.898 370,972 222.979 378.302 70.020 69.692 119494
81,638 63.554 112,579 246.002 196.978 3fl6,15.". 56,668 37.653 100.431^

e..

••

at th« Portf. Sttc at Interior Tovmt. Rec'ptt from Piani'nt,
1890.

1

80.026

64,735

87.541 215.270 175.019 344.018

80,000 bales.

49.294

33.4061 66.434

—

The above statement shows: 1. That the total receipts from
The above figures indicate an increase in the cotton in sight
plantations since September 1, 1890, are 6,339,947 bales; in
to-night of 608,731 bales as compared with the same date the
1889-90 were 5,653,963 bales; in 1888-89 were 5,290,886 bales,
of 1890, an increase of 786,141 bales as compared with the
2.
That, although the receipts at the outports the past week
corresponding date of 1889 and an increase of 590,205 bales
were 87,541 bales, the actual movement from plantations was
as compared with 188S.
only 65,434 bales, the balance being taken from the stocks at
At the Interior Towns the movement that is the receipts the interior towns. Last year the receipts from the plantations
for the week, and since September 1, the shipments for the for the same week were 33,408 bales and for 1889 they were
week and the stocks to-night, and the same items for the 49,294 bales.
corresponding period of 1889-90 is set out in detail in the
Overland Movement for the Week and since Sept. 1.
following statement.
We give below a statement showing the overland movement
for the week and since September 1. As the returns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
E
This weekly
the principal matters of interest are given.
Ga
E.
Ga
publication is of course supplementary to the more extended
g
N.
Ga
Ga
Mo N.
8.
monthly statements. The results for the week ending Mch. 13
Ga
and since Sept. 1 in the last two years are as follows:

—

—

—

St.

Dall.18,

Little

Total,

Rome,

Total,

Selma,

AUiany,

Raleigh,

Atlanta,

Tarboro,

Houston,Brenham,

Eufaula,

Newberry,

Sherman,

Vicksburg,

Charlotte,

Macon,

Columbus,

Cincinnati,

Columbus,

Nashville, Memphis,

Shreveport.

U)ui8ville,

Augusta,

Louis,

Montgomery,

old

new

Rock.

Ala

Oa.l

N.C

Ala

Texas;...

Ky."..

Tenn.. Tenn..

towns.

Texas. Texas.

C...

towns

C...

Miss.. Miss.. La... Texas.

C...

Ohio.

Ark.

Ala

1889-90.

1890-91.

5
i
w
"1

b

"i-

QLi

ao

g

JO

b

0)

O1-'
M
w CD m (S ro
ir<>.

CD

*HC a M r- M M

<1
CS
CO *. CO -J

oui^iP'.Oi^coaoco^OOW'-tct&'^cDCc

"Vl

H-

MOi

QD*JC;»C0O(*»-4

®
Cl

•-©

Week.

1*^ c;»

CJ-

<1

1-

OS

01^ X c* to

xp — 10

to

•-<
3-.

CO rf-oa

w

C'co*^lo'4^ajrf*co**'c:'^'^'io'bxi'to'^bcn

M

'ccM to'-OM M

CO

MM C»3*^COtOOS»«fc
CO
CO
M
MOtO*fcMCO-l
V M OS V— ^ *. c * <o MoVi"^ *i M
Olc;lO-O^J•-lc:cs^oco^-•qx*^ax^c^

Via Cairo
Via Hannibal
Via Evansville
Via Louisville
Via Cincinnati
Via other routes, Ac

ceo
— rOMCfliX-l*J*-XC0!C-J-*-Ci--ly
^'•^c-iiCk.cs^'tC)(.xoDtoOM<o^rU>gai;o
MM

MMWa
ifc

CO tc

b

yi—*
en

osto

©blox X V <i

s4

aD03cco-"C5*.uaxo:oi©*^rf^S5*.^xco
to

CO
00
to

H*

COp>

b

OS

^-

COr'tCOd'

•>

OD

M

cji

Total gross overland
Deduct shipments—
Overland to N. Y., Boston, &c.

Between Interior towns
Inland, Ac, from South

x**Ooo;xcs-jcc:DO^O:cstOK)Knocs

Total to be deducted

00

s

-*

MW

OOCOO) <iCD
O«O«0CdtCv0

01

McnMCOc;«;
ifkccMO.©:

Ilk

MaixiUi»fc.

U

t-*>^^ ©coxi-'»M*kb
*-©x^to©c»:©axyci:0
cji^Cdco©©©oiotro©CM

s3
K-5-

*

U
00

M

00

OoVboDOSOtt

CO

a

s

M
M
w<ixp

tooi
c;i
•;l©MOSitk.t0CO»O».l<l^O»C0C->»JCOCJ»-^CO
rf^j^j^cofo rf^poo woicoco yiox

s
10

03

CJD

«c
to

M

1?

'J*

:o

M OD
QCi

10

1—

-1 i-

c

;

O"

00

V
lU
M
XOt MCb
to© lOCOX'-'MMUHO
bbM''^wa.©xbx
C OT 10 >- tC M — 'X cobiol;-v''^c:x
C -' — C CO W ro
>-•

3

1.

-.1

C.--

x^o©a3cox©c5c;'©c*-cco*'©»*-co

470,947
251,646

8.825
2,177

83,271
22,955
174,160
155,912
128,802

672

451,650
289,039
67,879

351
1,910
3,649
1,758

19,289
108,167
188,530
147,687

22,624 1,287,693
266,021
97,915
75,055

8,963

2,892

303,143
62,573
96,177

16,618

438,991

11,981

451,892

848,7021

7,361

810,349

Liiuisville ttcurcs "net" In both years.
I Last year's tlgures are for OritUn.
IThls year's figures estimated.

totals show that the old Interior stocks have
decreased dtiring the week 22,586 bales, and are to-night 163,238
bales more than at the same period last year. The receipts at
the same towns have been 19,984 bales more than the same
week last year, and since Sept. 1 the receipts at all the towns
are 413,U4 bales more than for the same time in 1889-90.

126

overland exhibits an excess over a year ago of 88,353 bales.

Takings.

^ Receipts at ports to March 13...
M Net overland to March 13

h
2'

19,342 1,262,2U

9,343
3,586
3,689

The foregoing shows that the week's net overland movement
b^n 6,006 bales, against 7,361 bales for the same
and that for the season to date the aggregate net

In Sight and Spinner^

*

The above

Since
Sept.

this year has
week in 1890,

i

|(»

'^oot-'MC' mm'^c?

-J

Week.

1.

1890 91.

A 00
M MM
M
tcosb<iV* wb
CO
to OS to OS, t0 0i'^IXC0©O<MX»U«»t0©
^
^ COQ^XW©. CflX©©o5*^WO0S©iP.©

Sj

A C^ V CO

335
1,368
4,987
2.406
2,215

6.006
Including movement by rail to Canada.

ffic'^— bboiwcpVibbby-'i'Mxcc'bt
^tft;2*^*»*^*^'i'*y'^«w'»wco^Ci«D#*M®®coxtococcos^*-c:osta*»'M*k.®rf»
Co

CO

7.137
4,196

Leaving total net overland*

•-•

CO

Sept.

—

VUSt. Louis

>

I--

ST

u
t

Since

Shipptd

a: *- ic #>

C;»»J

CM

13.

!-•

aDas^ox^ow^cco^Xr-co^^c-cx)co-^*^rf^
^y*

Mareh

^ M M *. tt.'^ CO't>>tOi(k.1->0>-jV Is
M 14 t3 a> CO C CS CO ^
CC

OS

00

"-•

Southern consumption to Mch. 13
Total marketed
Interior St ocks In excess

Came into sight during week.
Totalln sight March 13
North'n spinners tak' gs toMch.18
* Loss In stock during week.

_
T^t^.

1889-90.

Since
Sept.

Week.

1.

87,641 6.009,512
6.006 848,702

14,000

380,000

Since

Sept

1.

54.735;5,490.75g
810.349
7,361
12,000 356,000

107.547 7.238,214 74.096 6,657,107
•22,107 330,435, *21,3-,2g 163,209
62,767

85,440

6,82031..'

7,868,648

ll,594.9._

l,605.90el

It will be seen by the above that there has come into sigh
during the week 85,440 bales, against 52,767 bales for tht

same week
to-night, as

amount

and that the increase in
compared with last year, is 746,887

of 1890,

balea.

in sigh

!

THE CHRONICLE.

432

Ln

[Vol.

Weather Reports by Telegraph.— Our telegraphic adTices to-night indicate that there have been very heavy rains
-over a considerable portion of the South during the week,
interfering with preparations for the next crop and interrupting the marketing of this crop. Inundations are reported in
the Mississippi Valley and at points in Tennessee and
Georgia.
Galveston, Tea-as.— There has been rain on three days of the
week to the extent of fifty-three hundredths of an inch. The
thermometer has averaged 5Q, the highest being 64 and the

of the week, the rainfall reaching eighty-three hundredths of
an inch. Average thermometer 56, highest 74 and lowest 38.
Stateburg, South Carolina. It has rained on six days of theweek, the precipitation reaching three inches and sixty-five
hundredths. The thermometer has averaged 47-3, the highest being 73-6 and the lowest 34.
Wilson, North Carolina. We have had rain on three days
of the week, the rainfall being two inches and seventy-eight
hundredths. Farmwork is backward on account of so much
rain.
The thermometer has averaged 50, ranging from 3ft

lowest

to 76.

37,

—

Palestine, Texas. It has rained on two days of the week,
the precipitation reaching ninety hundredths of an inch. The
thermometer has averaged 48, ranging from 26 to 69.
Huntsvitle, Texas. The weather has been dry all the week.
The thermometer has ranged from 28 to 73, averaging 50.
Dallas, Texas. There has been no rain all the week. Aver-

—

—

age thermometer 53, highest 83, lowest 23.
San Antonio, Texas.— We have had dry weather all the
week. The thermometer has averaged 49, the highest being
64 and the lowest 34.
have had one shower during the week,
Luling, Texas.
the rainfall reaching six hundredths of an inch. The thermometer has ranged from 26 to 67, averaging 46,
Columbia, Texas. It has been showery on one day of the
week, the rainfall reaching two hundredths of an inch. The
thermometer has ranged from 34 to 70, averaging 52.
Cuero, Texas.— There lias been no rain all the week. Average thermometer 52, highest 80 and lowest 25.
Brenham, Texas. The week's precipitation has been seventeen hundredths of an inch, on two days. The thermometer
has averaged 53, the highest being 74 and the lowest 32.
Weatherford, Texas. It has been showery on two days of
the week, the rainfall reaching twelve hundredths of an inch.
The thermometer has ranged from 23 to 70, averaging 46.
have had rain on three days
New Orleans, Louisiana.
of the week, the precipitation reaching seventy-five hundredths of an inch. The thermometer has averaged 59.
Shreveport, Louisiana. It has rained on five days of the
week, the precipitation reaching one inch and thirty-three
hundredths. The thermometer lias averaged 49, the highest
being 67 and the lowest 30.
Columbus, Mississippi. There has been rain on four days
of the week, the rainfall reaching three inches and seventeen
hundredths. I'repsirations for planting are more backward
than we have ever known. The thermometer has averaged
46, ranging from 26 to 70.
Leland, Mississippi. Rain has fallen during the week to
the extent of two inches and ninety-six hundredths. The
thermometer has ranged from 33 to 67, averaging 49'3.
Meridian, Mississippi. Continued rains have delayed
preparations for planting, which will be late.
Little Rock, Arkansas.
have had rain on five days of
the week, the rainfall reaching two inches and eighty-eight
hundredths. There was a snow-fall of three inches on Thursday. Roads are very bad, and streams all high. Average
thermometer 42, highest 62 and lowest 23.
Helena, Arkansas. Rain has fallen on five days during the
week to the extent of three inches and thirty-seven himdredths. Sleet last night. The thermometer has averaged
42, the highest being 56 and the lowest 26.
Memphis, Tennessee.— We have had rain on five days of the
week, the rainfall reaching three inches and fifty-three himdredths. Snow fell Thursday night. The river is 1-7 feet
above the danger line and stationary. The thermometer has
averaged 44, ranging from 27 to 60.
Nashville, Tennessee.—
have had rain on five days of the
week, the precipitation reaching five inches and sixty five
hundredths. The thermometer has ranged from 30 to 63

—We

—

—

—

—

—

The following statement we have also received by telegraphy
showing the height of the rivers at the points named at 3

March

o'clock

—

—

—
—We

—

We

averaging

Feet.

New Orleans
Memphis

Above
Above
Above
Above

Nashville
Blu-eveport

VlcksburK
NorE.— Reports are

46.

Shipments

Savannah,

Shipments since Jan.

Oreat
Total. Britain

Continent.

200
257
47-6

Shipments for the week.
Oreat
Britain.

Continent.

1,000
2,000

2,000
1,000

Caloutta1891...
1890...

Total all1891...
1890...,

Since

Jan.

283.000 99,000
383,000 66,000
461,000177,000
258,000157,000

1.

706.000
690,000
729,000
464,000'
1.

Great
Britain.

Continent.

3,000
3,000

15,000
14,000

20,000
28,000

35,000

1,000
1,000

4,000
5,000

1,000

4,000
e.ooo

Total.

1,000
1,000

Thit
Week.

Shipments since January

Madras—
1891...,
1890....
All others—
1891....
1890....

Receipts.

1.

Total.

1891
32,000 32,000 20,000 263,000
1890115,000 16.00031,000 85,000j298,000
1889 5.000 27,000 32,000 120.000 341,000
18881 2,000 35,00037,000 51,000l207,000

Total.

42,000

2,000

1,000
2,000

3,000
2,000

13,000
11,000

8,000
10,000

21,000
21,000

4,000
3,000

3,000
3,000

,000

32,000
30,000

28.000
39,000

60,000

6,000

69,000

BIPOKTS TO EJTBOPE FBOM ALL INDIA.
1891.

1890.

1889.

Shipments
to

Europe
from —

alC

This
week.

Jan.

32,000
7,000

39,000

Bombay
All other ports.

Total

Since

This
week.

Jan.

283,000
60,000

31,000
6,000

.143,000

37,000

1.

This
week.

Since
Jan. 1

383,000
69,000

32.000
5,000

461,000
82,000

452,000

37,000

543,000

Since
1.

Alexandria Receipts and Shipments.—Through arrangements we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements 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.
Alexandria, Egypt,

March

11.

Receipts (cantara*)
This week
Since Sept. 1.

1890-91.

1889-90.

1888-89.

50.000
3,740,000

34,000
3,042,000

23,000
2,664,000

This
Since
week. Sept. 1.

This
Since
week. Sept. 1.

This
Sinu
week. Sept. 1.

3,000 248,000
11,000 157,000

5,000 229,000
3,000 123,000

8,000 201,000
3,000 117,000

14,000 405,000

8,000 352,000 11,000 318,000

Exports (bales)—

To Li verpool
To Continent
Total Europe

'

Kl'a'ndth^eTv^'Sr^"

16-3
36-3

34-7
48-4
18-8
46-5

low-water mark
low-water mark.

this week.

rear Great OontiBrxVn. nent.

—

Auburn, ^Jabama.— Rain has fallen durmg the week
to the
extent of five mches and fifty-one hundredths.
The thermometer has ranged from 33 to 66, averaging 49-5
Madism Florida.— It has rained on two days of the week
toe ramfall reachmg three inches and twenty-five
hundredths'
"-^^u'ds.
Average thermometer 59, highest 80, lowest 40
Columbus, Oeorgia.— It has rained on four
days of the
week, the precipitation reaching four inches and
seventy-four
""^ averaged 48, the ^hest

Feet.

160
low-watermark.
low-water mark.

made in feet and tenths.
India Cotton Movement prom all Forts.— The receipta
and shipments of cotton at Bombay have been as follows foi
the week and year, bringing the figures down to March 12,
BOMBAY KECEIPT8 AND SHIPMENTS FOR FODB TEAKS.

'

Mobile, Alabama. ^There has been rain on six days of the
week, the precipitation reaching two inches and eighty-eight
hundredths. Planting preparations somewhat delayed by'
wet weather, principally on low lands. Large increase in the
use of commercial fertilizers. Average thermometer 57
highest 73, lowest 41.
Montgomery, Alabama.— It has been raining nearly all the
week. Planters are a month behind. The river is overflowine
^
lowlands.
Selma, Alabama.— There has been rain on five days of the
week, the rainfall reacliing three inches and fifty-five hundredths. The thermometer has averaged 49, ranging
from 30
to Do.

13, 1890.

Mch. 12, 91. Mch. 13, 90w

—We

—

and March

1891

12,

A cantar is 98 pounds.
Manchester Market.

*

—

Our report received by cable to-night
from Manchester states that the market is steady for both
yams and shirtings at the reduced quotations. The demand
for both yarns and cloth is good.
We give the prices for
to-day below, and leave those for previous weeks of this and
last year for comparison
1891.

32» Cop.
Twist.
d.

a.

a8i4
Feb. 6 8
'•
13 T'a ®8>8
" 20 7^8 as^
" 27 7''8 »8i8
Moh.6'7»8
•

13 738

®8

a7%

1890.

8^4 lbs.
Shirtings.
».

d.

s.

d.

6 3 ®7 3
6 liaa? 2
6 li3»7 2
6 liaa7 2
6
5 11

«7
®6

CotVn
Mid. 32» Cop.
Twist.
Uplds

11

d.

5

A.
sifj

d.

as'a

®8%
«8%

Ooten

8^4 lbs.
Shirtiihgs.
8.

d.

6

4

».

07

d.

4

6 3 W? 3
4'6ie 838
86iBai8i<i
4'r
6 2Ja»7 1^1
4'8
8%
6 3 ®7 3
413,^ 8"i(.a8n,g
Nominal.
416,, 86,ga8Uif
Nomlmil.

Vpldt
d.

6
6ii«

6'!
61 s

«>«

64

Oeorgia.-We have had rain on five days of
Correction.—The following letter sufficiently explains itself J
the
reaching one inch and sixty-three
hun Messrs. Wm. B. Dana & Co.
r^^!."'^a^u"'°^^"
dredths. Thermometer has averaged
57,^anging f^m 37 to 77
Ukar Sirs— Referrlne to the statement In to-day's Chronicle that
Auff««<a.Geor6ta.-The weather has bSendoudy, with
" since the dealings in futures as now conducted were begun It haa
heavv never
general rain on six days of the week to
before been seen that August contracts sold below those for
the extent of five October," by reference
to the flies of your paper you will Hnd that on
inches and hfty-cne hundredtlus. The
thermometer h^ rangea
rangid July 29, 1874, August coutracts sold iso. below Octob«r, and wore
from thirty-four to 79, averaging 50
below October for the whitle of that week and tlie preceding week.
Charleston South Carolina.-We have had
Yours respectfully,
E. R. Powkhs,
rain on three days
Sipc'intejirtcut N. Y. Col'ou nxchange.
,

Maboh

THE CHRONICLE.

14, 1861.1

European Cotton Consumption for March.— We havo

received to-day, by cable, Mr. Ellison's cotton HKwes brought
down to March 1. Tlie revised totals for last yi-ar have also
been received and we give them for comparis m. Spiuaerii'
takinKS in actual balee and pounds have been aa foll ows:
Oelobtr 1 lo Jfare A

Oontintnl.

OttatBrUain.

1.

1V>«U.

A'urage

apliiunra.

.

1,682.000

.balM

486

welK>>t ot tialea.lbB

8l7,452,(hO

TaklDKitlD pounds

8,S42,000
470-9
474
882,640,000 1,700.092.000

1,864,000

.

473
78«,187,000

3,291,000
468-3
799,888.000 1,534,575.000
1,737,000

460

According; to the above, the averaj^e wei«titof the deliveries
in Oreat Dritain is 486 pounds per bale this season, aifainsr
478 pounds during the siirae time last season. The Continental
deliveries average 474 pounds, against 460 pounds laat yeir.
and for the whole of Europe the deliveries average 479-9
pounds, against 468-3 pou td». Our Jispiitoh also gives the fu.i
movement for this y,>ar and last year in bate^ of 400 pounds.

189091.

1889-90.

Conti-

Sriiain.

nent.

77,
321,

167,
205,

244,
526,

398,
336,

372.
348,

770,
684,

338,

62,

24.

86,

Takings In November

389,

3-9.

Total supply
Oonaump. Nov., 4 wks.

451,
336,

Spinners' stock Deo. 1
TakiiiKS in December.

Total supply
Deo., 5 wks.

Oreat

Conti-

Britain,

nent.

Total.

Totat

699.

i!92.

361,
320,
41,
340,

87,

768,

46,
398,

738.

403.
348.

854,
644,

444,
308,

381,
320,

825
628

115,
509,

55.
659.

170.
1,168,

136.

61,

442.

518,

624,
420,

714.
435,

1,338,

578.
385,

579,
400,

1 157,

85.-1,

!0l,
463,

279.
514,

4^3,
977,

193,

179,
50),

372,

402.

667,
336.

793,
348,

1,460,

595,
316,

685,
332,

1,280,

145,
449,

2 9.
323,

3.'i3,

Takings in February.

331,
362,

454,

63:.
777,

Total supply
Feb., 4 wks.

693,
33B,

994,

1,5S7,

684,

602,
316,

807,
332,

1,409.

348,

357.

546,

903.

286.

475.

761

,

Spinners' stock Nov.

1

Oongump.

Spinners' stock Jan.

Takings

m

1

January.

Total supply

Oonsump. Jan., 4 wks.
Splnnerg- stock Feb. 1

Consump.

Spinners' stock Mob.

1

The comparison with

last

.^5,

283,

684,

7

6.

811,

year

is

m ire

mile

612

197,
960.

785
908

643.

648.

sunkia,^ ay

bringing together the above totals anl aidiag the average
Weekly consumption up to this time for the two ye ira.
Oct. 1 to

liareh 1

BaUt of 400

Ibt.

1890-91,

each.

000« omitted.
Spinners' stock Got.

raklngs to

March

1

1,

. .

Oreat
Britatn
77,

2,044,

Supply
2.121,
Oonsamptl'D 21 weeks 1,764
Spinners' stock

Mar .1

357.

Oonti'
nent.

Total.

244.

Oonti-

nent.

Total.

167.
2,206,

55.

181.

236.

4,250

1,848,

1,998.

3,846,

2.373,

4,494

1,827

3,.^91,

1,903,
1,617,

2,179. 4,082,
1,704. 3,321,

903,

286.

546.

84,0
84,0
84,0
84,0
84.0

In December
In

January

In Fel»rujir.v

87.0
87,0
8-,0
87,0
87.0

The foregoing stiow* tut tha
Europe

171,0
171,0
171,0
171,0
171.0

•76,0
77,0
77,0
79,0
79,0

475

761,

80.0
80,0
80,0
83,0
83,0

156,0
157,0
157,0
162.0
162,J

w^rtltcy

coasu nptioa

ii

now

171,000 ba'es of 400 pounds eaoh, agaiaU
161,000 bales of the same weight at tin c jrrespanding tine last
yeir.
The total spinners' stocks in Great Britain and oa the
Continent have increased 137,000 baU« duriag t1 j month, and
are now 143,000 bales in excess of the same date last year.
is

ISM.

18«l,

Uormanr

aW.7T5
»0.77H
IMS.AeS
8U.S83
ess.liM

OLh«r ouantrtas In RaroiM
BritiBb Nurth Amerloa
Mt»xtco

7 mas. tndtnt Jan. >t.

asu.Ri
II3.20V

1IH.788

IMS.

1801.
6.4I7.2SI
H70.AS1

70I.IM

1,184.1100

10.0X1

270.144

Ml.SDS

4.470.874

082.000

«.0()O.88)I

Centnl Amartcan Statea aud
BMttab Hfindaraa

'

West Indlaa
Artfentlna Kapnblto

BmjII

'

autai of Colombia...
Other oonntrtes In S. AmarICA

748.8T7
8H«.eS8
ibB.-an
4HU.0HV

Uiiitad

China

'

Briilsb Baatlndlea
0:.her o >antri6R in asIm

ltM\M7

l.AUOMIO 10.lua.81t
21S.07I
a22.6"4
101.714

1.3S«.34l>

1.15M.80.

7.»»!i.»U

I,H*0.(«llJ

71I0.UMI

487.400

718.18

8.02l.«n
4.A&6.H8I

6.840.408

I.-.86.106

1.10U.0M

11.600.4W81.211.002
8 206.764

lo.4ra.04S
8.)Wa.77«
4.018.071

ana
l>!6,ttila

ScM.807
80^,420

Otbar ooontrlaa.

llafino

3H.e»

2.621.170
4,100.868
4.206.O7r

2.688,704

Atrloa

14.61(1.031

W.«OM.»0e

01.182.16*

88318,014

IMM.SM

IS 18.460
1-0718

()),X10,«76

(4368.4M

(-0008

roTM

ta8,S42

030

(106.000
18.406
l,3b.S

e.«M>

2.70«
28.640
lO.USO

34,018
2<2.8ie
101.182

17.MS
i«4.om

1.883
5.478
1.0S7

40.442
6H.8S4

40.081
05,233
22.(00

i.vm

1,119a

2S.I03

11607

4.487
3.583
9.Vtb

2.026
2.028

83,781

13.000
S8.0OI

6.1)07

34.210

103M

»7.AS0
2.413

35.026

171.46c
8.X10
0.035

i84.ias
6.23S
1S.0>O

(068.708
(7.278.833

(6310.612

Oooanloa

Value peryard

»-0H75

.....

Tolucj of ottuT Manufacture$ of
Cotton exported to
ftraat Britain and Ireland

Oermanr
Krance
Other Goantrles In Europe
British North Amerloa
MEXICO
Central American Statea

Honduras
West Indies

Jute Butts, Bagging, &c.— The demand for jute bagging
continues very light, inquiries being mainly from the South.
Quotations are .5^c. for 1% lbs., 6c. for 3 lbs. and 6>^c. for
-standard grades
There were considerable deliveries of jute
ibutts during February on account of back orders, and trading
lis consequently light, manufacturers being pretty well supplied.
Quoted, IJ^c. for paper grades and IJ^c. for bagging
quality.

—

High Water. In conse<iuence of heavy rains in the region
tributary to the valley the Mississippi River ha.s risen very
rapidly the past week, resulting in two breaks in the levees
ane at Conley's Lake, thirty miles soutli of Memphis, on March
U, and the other at 13:30 a. m., March 13, at Sunflower Land,ing, Coahoma Co., Miss.
Aside from these breaks a number of
x>wn8 have been flooded in the Missis.sippi region, and there
fja* been an extensive inundation at Augusta, Oa.

—

A

110,401
2,038
»7
6.0:6
2e.i'«i

12.786

4,3l8>tt
S.4M.I0*

116.78li

British
8,770
8.H3Z

>....

Argentine Repnbllo

tAi5

Bralll

United Stat>« of Colombia
Other (vmntrles In So. America
British possessions In Australasia
countries in Asia and
Oc.-anloa

-

23 866

Other

Afr'Oa
^ther oouo tries

-

......

1.327

8&e

Total value of other mannfaotures of
ARvrefrate value of all cotton ffnods

(121.888

(130.220

*1,102,-.18

(71t'.l-»t

(06S,16a

East India Crop.— From Messrs. Gaddum, Bythell & Co.'s
Cotton Report, dated Bombay, February 7, we have the fol*
lowing
The weather Is now clear and brlsrht in all of tbe cottnn-ioowinK dig
triclH, and in thoBO dlHtriits wliere the crop is still eubJecT to ciimata
Influences the weather is decidedly favorable. In the (lomra diatilots
hand gins are at wort< In every village and an Increase of ^iippliea into
the market should take place ahortly. In Broa<!h distriota some dew
has fallen, ItiiprovinK pros|)ect8 tliere. Cotton In being picked rapidly,
and se< d cotton is accumulating In the villages and ginning faotorlei.
Bhownugger and Dhollera districts cmtluue to report favoiably of
their crop, and the quality of the cotton arriving Is satisfactory.

8H1PP1KO News.

—The exports

of cotton

from the United

States the past week, as per latest mail returns, have reached
137,406 bales. So far as the Southern ports are concerned, these
are the

1889-90.

Oreat
Britain

Wukly Oonrumption,
00» omitted.
In October
In November

Oot- Slanth enitna Jan. 81,

uncotortd)

—

236,
463,

Total supply
Oonsuiup. Oct., 1 wks.

and

teoported to~-

Total 7iu-df of above

181,
180,

Spinners' stock Oct 1
THktnKS In October.

(on leotored

Total raluaa of abora.....

Onat

X omitted.

QuonMUM of Manutaeturu o/

Oraat BrttalD and Inland. ...rards

TaklDKH by Hptuii»r8. .balM
Averagu weight of balee-lbg.
TAkluga Id i»mmlH

00

the seven montlis ended Jan. 31, 1801, with like flgures for the
corresponding periods of the previous year, and give them

1,860.000

For 1889-90.

Oct. 1 lo March 1.
BaUt nt 400 lb>. each,

DoHXsno Exports or Cotton MANurAcnnun.—Through
the courtesy of Mr. S. O. Brook, Chief at the BureMi of
Statistics, we liave received thia week a statement showing th«
ez|K>rtH of domestic cotton matmfactures for January, and for

below:

For I800-»I.
Taklnx* by

433

same exports reported by telegraph and published

in

the Cheoniclk last Friday. With regard to New York we
include the manifests of all vessels cleared up to Thursday.
Totat iHtlef
i>er steamers British Queen. 4.518
(post clearince), 257 ...City of Chicago.
2,4'.'3 ...Run'c, 1,903 ...Teutonic, 1,263. ..Umbrla. 1,000 11,364
To Hull, per Kteamer Hindoo, -2,026
3,028

Skw York—To

Liverpool,

Connemara

To
To
To
To
To

Havre, per steamer La Chainpagne, 1,345
Bremi-n. i>er steainurs A Her. 350
Lahn, 455
....
Hamburg, per steamer Wlilaiid, 6
Ainalenlam, per steamer AioKterdam. 100
Antwerp. t>er steamers Hermann, ^50 ...Rhynland, S60

....8t..Ma meek, 1,804
To Genoa, per steamer India, 1,551
To Naples, per steamers Brltwnla, 50
India. 293
Raw Orleans— To Liverpool, per steamers Cadiz, 5,800

Engineer, 4.l?26

1,849

8M

6
100

3AM4
IJUl
848

Governor. 4.650
Inchborva, 2.013
Palma».7.616
Statesman. 3.60.5
28,908
To Bremen, per steamers Dora. 6,500 ...Eastern Prince.
5.531
Fremona,6,llH.. ..Kate. 4.413
22,560
To St. Petersburg, per ships Anna. 4.050
Prince Louise,
l.|)-2.%
8,076
To Barcelona, per bark Teresa Flgueras. 490
4fiO
To Genoa, per steamer Tantallou. 4,03S
4,084
To Salerno, per bark Maria Liilnia, 1.385
1.889
Galveston -To L1v.ti><>o1. per 8te:imer Antilles, 2,962
3,962
To Keval. per bark Chapman. 1.5-25
l,^31l
T'> Vera Cruz, per steamer Harlan, 40
40
Batannah— To Liverpool, per steamer Inchrhona, 5.334
per
btrk E. T (1.. 2,911
8.245
To St. Petersburg, per bark Carl Beoh. 3.3W
3.3^0
To Genoa, per steamer R. F. .Matthews. 4.900
4,900
;
BRtJKSWiCK-To Bremen, p.-r steamer Oaklands, 5,186
5.186
Orarlkston-To Bremen, per sUiamer Hnlsteln. 3.264
3.264
WllJireo-roN—To Queenstown. per barks Bertha. 1,905
Lnis, 2,090
3.095
HORFOLK— To Liverpool, per steamer Helghlngton, 8.2r8
i'.a-tS
West Point—To Liverpool, per steamer Canopns, 4.316
4,3l«
NEWPORT News— To Liverpool, per steamer Qiieengland, 3.267 3,267
80»T0!»— To Llverp<x)l, per steamers Ceplialouia. 1.617
Columbian, 4.221 .. Koman. 1.725
Samaria. 76:4
8,331
3.AI8
BALTIMiirk— To Bremen, per steamer Munchen, 2,518
90O
To Haiubiirg. pur steamer Polynesia. 900
PaxLADKLrHiA— To Liverpool, per steikmers Lord CUve, 975....
1,803
Ohio. 728

SMBI.

..

.137,406

rhe particulars of these shipments, arranged in oar nauat
fonn. are as follows:

THil CHRONICLE.

434
SolHull,
Liverpool.

d NewcatHe. Havre.

Hew

1.345

York. 11,364 2,026
N. Orleans. 28,508
Galveston. 2,962

Bivannah
Brunswick

Sremen land, Spain
and
it Ham- Smsia,

Vera

Italy.

Orut.

burg.

.

1,525

5,186
3,264

Obarleston

Wilmlngfn
8,288
4,316
3,267
8,331

..

West Point

News

ITp't

Boston
Baltimore
PhUadelp'a
Total

>

»•«

3,995

Total

20,449
65,016
4.527
40
16,495
5,186

3,350 4.900

8,215

.

Norfolk

<te.

811 3,004 1.899
22,560 8,075 5,873

>..•
......

•>>>•>

8.28 8

...«--

4,316
3,267
8,331
3,418
1,303

1,303

76,584

....

40 147,855

1,345 34,339 16,854 12,672

6,021

Below we add the clearances this week of vessels carrying
ootton from United States ports, bringing our data down to
the latest dates:
GiLVBSTON—To Liverpool—Maroh 7—Steamer Tropic, 4,358. ...Marcli

11— Steamer Nlgretla, 6.168.
ToHamburg-Marcli7— Steamer Avonmore,

350.

Nbw ORLEANS—To Liverpool— March 6—Steamer Wm.
March 1 2 - Steamer Australian,

Cllffe,

:

Sat.,

3,995

900

2^5 18

The opening, highest, lowest and closing prices of futures at
Uverpool for each day are given below. Prices are on the
bisis of Uplands, Low Middling clause, unless otherwise stated
^Sr Tlie prices are given in pence and GUh,. Thus; 4 63 means
4 63.64d.. and 5 01 means 5 l-64d.

„ ..„
6,450

Low.

Clou.

d.

d.

d.

d.

d.

d.

d.

d.

d.

d.

4 46
Mch.-April.. 4 48

4 47
4 47

4 46

4 47
4 47
4 60

4 49
4 49
4 52

4 63
4 62

4 49
4 49
4 53

4 52
4 62
4 66
4 69
4 83
5 02
6 04
5 03

4 60

4 50

March

4 49

4 50
4 58
4 61
4 63
4 62
4 62
4 61

4 67
4 60
4 62
4 62
4 61

Nov.-Dec... 460
Sec.- Jan.... 4 61

4 61
4 61

4 60
4 61

Aprll-May.

.

10—

West Point—To Ghent— March 7-8teamer Bellini, 4,624.
Boston- To I<iverpool —March 3— Steamer Michigan, 2,511 .March 4—
March 6 -Steamer Pavonla, 1,400
Steamer Virginian, 1.270
March 9— Steamer Kansas,
March
Baltimore- ToLiverpool— Feb. 27-Steamer Bossmore, 501
.

—

.

Enrique, 1,208.

To Rotterdam— March 7— Steamer Patapsoo, 1,586.
Phiuadelphia— To Liverpool— March 11— Steamer British
.

Cbaigsidk, steamer (Br.), from Galveston for Liverpool, ashore at
Ocracoke Inlet, N. C. Fourteen hnnrtred bales of cotton have been
landed from steamer Craigslde. The vessel is leaking freely, and
a donkey engine Is employed eight hours every day te pump her
out. Her stern post Is gone. It i^ thought that when eome more
of her cargo Is discharged the steamer will float; probably this
week if the weather continues good. Her stern is four points off
the beach, and she Is lying head on.
Gbantstwyth, steamer (Bi-.), at Amsterdam, from Savannah. A barge
laden with cotton from steamer Glanystwytb took lire March 9.
Octton freights the past week have been as follows:

....

Havre, steam

»16

Do

e.

sail

Bremen, steam

Do

.

^
...

"is

e.

...

....

e.

JI32

"sa

Indirect, e.

....

--..

»sa

»sa

Do via indireot.e.
Amif d'm, Bteam.e. 37V
Do indirect. .d.

37V

Hamburg,

Bteam.e.

Beval, steara ....d. 7328)14

Do

sail

d.

....

....

"^sa^H
...

IB,,^
Baroelona,8team d.
"ifi
Genoa, steam .. .d. »64®»16 Ug^-an,,

Trieste, steam... d.

>4

\

Antwerp, steam

H

>e

•

Per 100

d.

^

"e

>fl

H

—

LiVEBPOOL. By cable from Liverpool we have the following
statement of the week's sales, stocks. <S;c,, at that port.
20

Feb. 27.

Uch.

6.

Mch. 13

week

42,000
52,000
47,000
58,000
2,000
3,000
3,000
1,000
3,000
5,000
2.000
10,000
35,000
40,000
37,000
48,000
Aotoal export
8,000
6,000
5,000
9,000
forwarded
71,000
70,000
75,000
84,000
T«)tol itook-EBtlmated
1,076,000 1.112,000 1.155,000 1,144,000
01 whloh American—EBtdia'd 769,000 801,000 843,000 840,000
Total Import of the week
110,000 111,000 123,000
81,000
Of which American..........
89,000
95,000 110,000
69,000
Amount afloat
267,000 270,000 250,000 210,000
Of whloh American
245,000 250.000 230,000 200,000
The tone of the Liverpool market for spots and futures each
day of the week ending Mch. 13, and the daily dosing prices
of apot cotton, have been as follows:
bales
Of whloh exporters took....
Of which speoolaton took. .
Sales American

BpoU

Saturday Motutay. TutKtay.

Market,
•ket,
in b07en'
I
Steadier.
1:46 P.M.;
favor.
Hld.Cpl'da.
Sales
Spae. Aexp.

5,000

500

Steady.

FedtMf. l%ur«d'v,

Good
demand.

418,4

4is,g

41s, B

10,000
2,000

10,000
2,000

12,000
1,000

Friday.

Good
demand. Harden'g.
478

41B,,

14,000
2,000

12,000
2,000

Finn at

Steady at
l-64®2.04
advance.

Market, i StewlT at Steady at Steady at Steady at
1.64 del.Mad1-64 ad
1.04 ad.
P. M.|
ollne.
vanoe.
vanoe.

afarket,

4

P.

H.

Steady.
!

Barely
•teady.

5 00
5 00

5 03
5 02

4 63
4 63

5 01
6 01
5 01

463

6 00
5 00
4 63

463
4 63

Open High Low.

Oloi.

d.

d.

40
49
52
56

4
4
4
4

4 60 460
463 4 63 4 63

4

450 450
463 4 68
4 67
4 60
6 01
6 00

4 67

6 01

4
4
4
4

5 01

500 600

502

600 5 00 4 63

6 01
6 01
5 01

4 63
4 83

4 63

6 00

4 63
4 62

463 500 463

ThoTs., Mch. 12.

Low. OUa. Open High Low.

Btgli
d.

d.

d.

d.

d.

4 50
Mch..Aprll.. 4 60

4 61
4 61

4 65

4 64

4 61
4 51
4 54

4 66

Aprll-May.

4 60
4 60
4 53

4 66
4 69
4 63
6 03
6 05

4 66
4 59

March

4 S3

May- June... 4 58
June- July... 4«1
July-Aug... 600
AugUBt
6 02

468 458 468

Sept.-Oot... 6 01

4 62
5 01
6 03
6 02
5 01

6 00
Nov.-Dec... 463

500 600 600
5 00 463 6 00

Oct..Nov....
Dec.-Jan...

4

5
6

60
50
63
67
60
63
01
00

600
463
463
500

600

5 01

4 61

4 62

600

5 01

6 02
6 01
6 01

5 03
6 02

d.

464 4 64
4 64 464
468 468

600 4 62 4 63
5 03

6 02

6 07
5 06

6 01

604
504
504

6 07
5 06
5 05
6 04
5 05

Open High Low. CUa.
d.

d.

d.

68
58
61
01
05
6 07
6 09

4 68

468
468
460

4
4
4
6
5

5 02

508 604 5 06
5 08 508 6 08 608

6 01

5 00

Clot.

d.

Mch. 13.

FrI.,

4 68
4 61
6 02
5 05

6 01

6 04

508 6
6 10

07

6 09

d.

458
4 68
4 61
6 01

6 05
6 07
6 09

508 609 508
5 07 608 5 07
5 03 6 07 606

608

504 5 05
6 03 504
5 03

6 03

6 05

6 05

6 05

5 03

504

506 6 07 506

506

6 07

6 07

5 06

6 07

506

BREADSTUFF S.
Friday. March 13, 1891.

The market for

Qolet.

vanoe.
Qolet.

4-84 ad.

vaooe.
Qnlet.

Quiet and
steady.

flour

To-day prices lost part of the recent advance. Foreign
advices were weak, causing free sales to realize profits.
DAILT OLOSQIO PRIOB8 OF HO. 2 RBD WIHTBK WHBAT.
TKnrs.
Fri.
Sal.
Hon. Tues. Wed.
vices.

March delivery
delivery

Junedellvery
July delivery

August delivery
Sep t«mber deU very
December delivery

lU^s

11258
lOOSs
107i8
104>6
c. IOII4
c. 101>6

llO'g
108=8
10638
103^8

0.103

106

o.
o.
c.
o.

103%

113H
109%
107%
105ie
IO212
10238
lOiis

113'«
109'8
10778
IO514
102i8

114ia

111%

HO

107

101%

103=8
10338

103=8

106

113^
HO"*
108%
105»8
102!%
1017g
104ie

Indian corn was advanced early in the week by speculative
manipulation, the shorts being forced to cover contracts, and
on Wednesday an estimate from the Department of Agriculture that only 540,000,000 bushels remained in the hands of
growers, against 970,000,000 last March, gave renewed buoyancy to the market. There seems to be reason to apprehend
an absolute scarcity. It is within the memory of people in
the trade that com brought more than whsat. Yesterday the
market was buoyant, a scarcity before the next crop can be
made available being generally conceded. To-day the spot
market was firmer, but the later futures declined.
DAILT 01,081110 PRIOBS OP HO. 2 MJXBU OOBH.
Sal.
Mo-n.
Wed.
Tuet.
Thwi, JH,
71>«
68ia
71>«
6938
March delivery
o.
70%
65>a
70Jt
bSia
69»8
..
April delivery
o.
67>a
67ie
6«08
66is
MaydeUvery
6538
es'e
c.
67'a
66I4
67>4
66
c.
6438
65=8
June delivery
65
JulydeUvery

o.

64

6538

65%

66i8

67»8

657g

Oats have moved closely in sympathy with corn, making a
sharp advance until to-day, when values declined rapidly

under

tuturt*.
1:4A

4 61

63
62
62
61
61
61

d.

May
Bales of the

4
4
4
4
4
4

4 65

456 4 59 466
4 60 4 63 460
468 6 02 4 63
5 01 504 5 01

OlOB.

and meal, though showing a hardening tendency in sympathy with the prices of grain, reflects
very little advance in values. The demand was good, and at
old figures a very large business could have been done, but
the stocks being amp'e buyers were not inclined to offer
Tun. ITtdnu. Ikurt.
Wri.
much, if any, more money, and a demand for aa advance of
^
^
^
'm
10@25c. per bbl. was 8ufla.cient; to check trade. To-day the
....
.--,
....
....
market was unite dull, and prices were more or less unsettled.
Oia
»1«
'le
"iB
The market for wh°at became on Tuesday very active in a
....
....
..•
speculative way, showing at times much excitement, and
"38
"32
»sa
"aa
prices made a sharp advance. The buying was mainly from
...
....
the ' shorts" to cover contracts, this action being due to ad"sa
"sa
"35
vices from Paris that the prospects were very poor for the
"aa
.--.
....
next crop in France. The estitoate by the Department of
37V 37V 37V 36-37 "a* Agriculture that 112,000,000 bushels remained in the hands of
....
....
growers on the 1st inst. caused some depression on Wednesday morning, but prices for the early months recovered when
'sa®^ lai'SH 'Ba^U 734-3114
....
...
more liberal purchases for export were reported. These puru,^
chases aggregated 134,000 bushels, and included No. 2 Turk16f4
"84
I6e4
»64'3l»16
11m®'18 "6*®'ie
"b4®'i6 ish red in store at $1 10, and No. 3 Manitoba at fl. YesterI4
day there was renewed buoyancy on stronger foreizn adH.
H
\

lbs.

Feb.

4 68
4 61

Open Htgh Low.

Open

Aug.-Sept.. 6 01

Prlnoeas,

To Antwerp— March 10 -Steamer Belgenland,
Below we give all news received to date of disasters to
vessels carrying cotton from United States ports, &c.

Hon.

454 4 63 464

Wed., Mch. 11.

.

le

4 46
4 49

May .June... 4 63
June-July... 4 57
July-Aug... 4 60
August ... 4 62
AuK.-Sept.. 4 62
8ept..0ct... 4 61
Oot.-Nov.... 4 61

6,427.

Maria Stoneman, 2,900.
Norfolk-To Liverpool— March 7— Steamer Canopus, 665. .March
Steamer Sarah RadcllfFe. 6,332.
To Hamburg- March 10— Steamer Blue Jacket. 800.

aatur.

Tues., Mch. 10.

BiQl,

To Uddevalla— March 12 -Bark Amaranth. 1.200.
Oharleston— To Bremen -March 6— Steamer Fairmead, 4,834.
To Gottenhurz-Mareh 6— Bark Souvenir, 1,500. ...March 9— Bark

Liverpool, steam d.
Do late deUv'y.d.

Mon., Mch. 9.

».

Open

4.e20.

Savannah— To Bremen— March 7— Steamer Uplands,
To Oefle- March 10— Bark Erstatningen. 1,250.

4— Steamer

Mch.

3264

..
..

[VOL. LII.

sales to realize.

DAILY aUOSSSa PKI0E8 OP HO. 2 MIXIID OATS.
•tai.

March delivery
April delivery
May delivery

o.
o.
0.

JulydeUvery

o.

ifon.

56i«

..

56'ij

..

55J6

6iH

56=8
56»8

Tues.

Wed.

56Hi
S6is

5'%
57%

SeH

58

65J4

56%

^n.

Thuts.
68i»
58=8
58=8

56%
56%
66%

57%

55%

ILatoB

THB CHBOi^ UJUBL

14, 18S1.J

Rye ia bo unsettled that current quotations must b« regarded aa merely approximate and nominal. Barley is dull, but
rather more eteHilily held.
The following are closing quotations for wheat flour in
barrels. (Corresponding grades in sacks sell slightly below

Qraat Brttaln
Other Knropean.,
Qbina

these figures):

India

Haw Toms TO M a>ob

bbl.

Patent, winter

»2 fl0r»$3 35
3 359 3 75
3 65«4 00
3S0« 4 40

•4 85««5 AO

126
B5

962
372

1,6.3

21,B«1
3,655
1,635

213
50

AMoa

BtralKXts

Wast India*
nty BhlinilDK. extru. 5 15» 5
Kve flour, superfine.. 4 509 5 GO Hezleo
Oantral
Amertoa.,
Fine
3 50* 3 80
Sontli AnMitoa....
418»475 Com meal—
Otkereoantrtea...
Weatem.&a ........ 3 009 8 25
4 50» 5 00

P»t«int. gprtoic

5

Bnperflne

£rD»,Mo. 3
Eztnk.No. 1

dean

Brandy wine . .....^ 84»«
5 85
BDokwht^at Hoar, per 100 IbB., 3 50«2 55.
ORAin.
0.
0.
Com, per boab.—
Wheat—
70
Weat'n mixed
97 «120
Bprlng, per bush..
W'nmlx.No.2
73%9
Bed wlBter No. 3 . 1 13>a*l 14><
70 9
Weat^ yellow
98 • 1 16
Bed winter
70 9
Western white
104 «1 14
White

00»

1

•

1

1

Bye—

Western, per bnah.. 90
90
State and Jersey
Barter, Western... . 76

HO
77

Canadian
State

•
•
•
9

95
95

•*

82

81

90

S50

73>«

74

74

Oats-Hlxed..V ba. 57 • 60
White
67 9 63
57>«9 Sflis
No. 2 mixed
58
No. 2 white
Buckwheat, per boah 70

•

59

» 72

AOBICOLTURAL DEPARTMENT'S REPORT FOR MARCH.— The
Department of Agriculture for March,
issued oD the 10th inst., relates to the distribution of wheat
and corn as follows
The rfsults of the estimates makes the farmers' referve of com 36 4
p^r cent of the crop, in comparison with 45"y per cent last year; in
bushels 542,000,000, against 970,000,000 last year. This is the lowest
recent resen-e, eiccpi tuat from the smaller crop of 1887 and that from
he crop of 1883. The poree itage retaliud In the seven corn-surplus
SUV es Is less than In other States. The proportion estimated for consumption where grown la relatively large, 87-4 per cent, against 81'8
per cent last year. The (luautity shipped or to be shipped from the
farms Is therefore only 188,000,000 bushels, or leas than half the sur:

plus of last y^ar.
The proportion ot the merchantable crop Is 79'5 per cent, against
85-7 per cent la«t year. The pioduotlon is therefore slightly under the
average in (luality. The average price of merchantable com Is 55*8
cents per bushel ot unmerohautanle a2-9 cents. The aggrouate value
of the crop, on this basis, is $761,000,000, ueaily $7,000,000 mure
than the December valuutlon. an advance of about 1 per cent, Obtabllshlng the oubstantial aciuracy of the December estimate.
The proportion of wheat still in the hands of farmers is lower tnan
an average of the last ten years, the lange being from 26 to 33 per
cent. It is i8-2 per cent, or 112,000,000 busliels. It has been lower In
only two years of the last ten— after the meagre oiops of 1881 and 1885,
wh oh wore smaller than tliat of 1890. Including the visible stocks the
supply Is 13.n,000,000 bushels. The consumption of the last twelve
nonths is estimated at 2t(».o00,000. seed ueed 53,000,000, and exports
about 98.000,000 from March 1, 1^90.
The low percentages of the spring-wheat States are esi)eclally noticeable. Halt oi the present st icks will bo required for spring seeding.
The proportion of the crop estimated lor consumption within the countrj is .521 per cent, against 481 last year.
The average weight per measured bus tiel Is 57'2 pounds. The average of 1889 was 57-7 pounds, which was the precise average of seven
erops from 1883. In bushels 1 1 60 pounds the aggregate is 381,000,000,
or 90,000,000 less by weight than the preceding crop.
;

tables usually given here see page 416,

THE DRY GOODS TRADE.
Haw

48
106
10«

235

711

2,830

376
20
93
832
4

1,446
6,884

I.

»e3

840
6Ji«0
1,376
1,783
1,300
4,238

390
1,097
6,101

73

318

4,217

40.778
8,050

1,886

33,696
3,178

4,217

48 ,828

1386

26,874

806

hom New Sngland aolll point* direct.
The value of the New York exports since January 1 hare

been $3,210,032 in 1891, against $1,360,354 in 1890.
Staple cottons were in irregular demand, by turns light
and fair in their movement. Nothing like real animation
was apparent in any quarter, but plain and colored cottons
did moderately well, in reaponse to the demands of jobbers
and manufacturers. Brown sheetings fouad a light outlet to
exporters, and drills, bleached sheetings, cambrics and
white sheetings were all in light request and precisely as last
reported. Ticks, denims and woven shirtings were distributed in small quantities by agents. Corset jeans, dyed duck,
stripe, plaids, checks and flat- fold cambrics were very quiet.
Quilts were in fair demand, and fancy white good scrims,
curtain drapery and table damasks of the fancy kind moved
out quite strongly on account of back orders. Prices were
very generally firm throughout the entire cotton department
Print cloths were dull, but the market was steady
oiTeiing.
at 3c. per yard for 64x64's, and 2 9-16c. for 56x60's.
Makers
in outside markets were taking Sc, less 1 per cent, for 61x648.
1891.

March

Btoek of Print Ololki—
Seld by Providence manaTera
Fall River manufacturer*
Ontolde apecnlatora (eat)

Total atook (piece*)......

1890.

Xareh

7.

1889.

March

8.

9.

364,000
257,000
3,000

31s,000
51,000
10,000

3,000
13,0uO
None.

634,000

879,l»00

16.000

FOBEION Dry Goods.—This market had a decidedly commonplace week of it. Visiting buyers were numerous but
conservative, and few large transactioos are reported in any
department. Dress goods continue the most active feature of
the market, and are selling well in all classen, plain and
fancy, save mohairs. Black lustres are in moderate request,
but in colors and fancies the fabric is neglected. Prices are
steady in all departments. Jobs are virtually non-existent,
and stocks are not seriously plethoric in any quarter. Printed
Indias and pongees are the only things favored in dress silks.
Ribbons, velvets, woolens and worsteds, hosiery, linens, laces
and embroideries are all quiet.

Importation* ot Drr Good*.
The importations of dry goods at this port for the week
ending March 13, 1891, and since Jan. 1, and the same facta
for t he corresponding periods of las t year are as follows

t ^
E 2g

sE

p.

ii
e;

1

i

i^F'aiUio

•g to 0)00 CD

oeSif>-

01 OI

*W

O *. 03 w

QDCi'-DOlCD
Oi CO

dress cottons, woven wash dress fabrics, challies and scrims.
In brief, the market may be summarized as fairly steady, free
from positively weak spots. Buyers have been securing concessions here and there, but only on goods that have palpably failed to suit the public taste. The week has been devoid
of sensational or even specially interesting features. The
market needs a period of clear weather and spring tempera-

wo

^ a -'

jio

lOtOOi^Ot
A^iaoecro

L^
\^

OlWXtCGD

-

QDCSX

CDtOQOtSCS

lf>'UCOUU

o«w

a<ic;<tocd

0D-JO5D©
03 Oi K,

I?
CO 9b

it»Oi

M-3
ObO

it-'

T>efi

ooo'^cs'b*
ooi^tooit—

UMOStf^O

m

ooto

ture.

packages, valued at $319,403, their destination being to the
points specified in the table below:

Wmh. mnetJmn.

*

P. H..

DoMESTio WooLESS.—This department has had a quiet,
featureless week. A comparatively small company of package buyers have supplied about all the business. The clothing manufacturers had their representatives in the field, but
they did little aside from an inspection of goods. Agents are
hopeful and expect a fairly good re-order movement later on.
Cheviots, kerseys and fancy cassimeres (cotton-warp) have
led the demand.
Cheap wool cassimeres and suitings in the
worsted classes have been sluggish. Both cloakings and
overcoatings of all classes were quiet, as also were satinets
aud thj whole range of miscellaneous woolens.
OoMBSTio COTTON GOODS.— The exports of cotton goods
from this port for the week ending March 10 were 4,217

1.

460

1,407

Total
• China, via Vanoonver

March 13, 1891.
The movement of trade in this market has been rather
tame and altogether featureless during the past week. The
only apparent reason for the prevailing quietness is the
weather. It has been persistently disagreeable, and nicely
calculated to discourage buyers of spring and summer fabrics.
The attendance of out-of-town buyers has been only fair,
and by no means as large as usual at this season of the year.
Buyers representing houses at near-by points have naturally
refrained from visiting the market on rainy days, and conseSuently the bulk of the week's spot demand has come from
lie more distant buyers now in the city on their semi-annual
Tisita,
The volume of mail orders also showed a slight
iaUing off, but in this department the demand was
However,
spot.
than
on
the
relatively
better
enough was accomplished
in
an
all-round
sense,
from day to day to keep wholesalers, importers and
Agents have made very
-jobbers at least moderately busy.
fair deliveries on account of back orders in all the popular
lines, notably wool and worsted dress goods, fast black fancy

TOBK, Friday

243
84
855

,

Total

74

statistical report of the

IV For

WMk. MiM* Jtm.

,

'.1,1

ISM.

18«1.
10.

ArabU

»

Kne

435

1,399 2,615 1.496 1.814 1.183

t«g*i^tc(»

*.»
MO
taw

MywOdot
0>M

26
OB

^
'

3
0>

j

1

3$

g

Si

10
to

KtO

oa

CO

.

i

<X^

I

0) OS

I

«r«05-j

V

os*4oaw«i&

to

281,179 380,974 739,468 454,806 372,985

24

QDMMi^<g

SCO
MOS

WVcoVd
COOmOO

0*^000

WODf-OBM

'-3W

COOOOdb
oiSkdQ^

MGftg^O«

COOD

^w ex -J >- -J
*J
--J =0 - J

'^

'j*

"* a-^

Qcao

f»'

»g 8S2gg

W

om6K5

OHKONlCLie.

•l^BTB

436

®Ott0U.

CPotton.

&

Woodward

Walter T. Hatek,

Henry Trescott Hatcli^
Arthur ilelvin Hatc/i
Members of N. Y. Stock and Produce Exchanges.

COTTON MERCHANTS,

AND 18 EXCHANGE PLACE,

NEW

YORli.

New

LBHMAN DUKB * OO
MoDt«omery, AU.

LEHMAN

ifork.

BROS.,

COTTON

LEANS COTTON EXCHANUB8.

COFFEE

Also orders for

CHICAGO BOARD OF THB.DK.

well

Jas.

Edwards

Lea McLean

&

Wisner,

t,

Co.,

&

Co.,

New

Gettoa Brokers,

Members of New York and Boston Stock Exchanges

Orleani.

18 EzelianKe Place. Ne\r York

Mohr, Hanemann

Mambenot tbe Cotton, CoSee and ProduM Bzeta't
AQBNOT OF

THE HAXALL CBENSUAIV
RICHMOND. VA.

CUm

•tanterd Brands of Flour for Shipment to Wair
Climates always on hand.

OSIENT MANUFACIUElNtt CO,
ORIBNT.

L.

SULFUUB MINES COMFANT

NEW YORK.
Orders tar Futara Delivery at
execnted in

Pyrites, free

NEW YORK

and

COFFEE

tar

Futara

COTTON execaied In NEW
YORK, NEW ORLEANS and LIVERPOOL

Hubbard, Price
CX>TTON

&

Co.,

EXCHANGE BUUiDINS,
AlTD

&

GOTTOM. COTTOMHSED

Co.,

OIL,

Bo«THEKM prodccb:

COMMISSION MERCHANTS,

&

Co.,

Cotton Broker) and

NKW
Miller.

TORE,
Luolns Hopkins Smith,
Samuel Hopkins.

Schroeder
Baoeesson to

&

OOMMISBSION MEROHANTB,
17 Water Ntreet,

Reeelve oonslgnmenu of Cotton and

other prodMa and execute orders at the Kxobanges
In Liver.
In New York at the olfioa of
HAM'L D, BABCOV&,
34 Maaaaa Hireet, Maw Yark.

OOTTOir

KEBOHANTB,

I

Thorburn Reid,

PHIL ADELPHIA.

Consulting Electrical Engineer
AND
ELECTRICAL EXPERT.

Limtpoot, OoBBSiPOirDaam,

FREDERIC ZEREGA &

Rountree

CO.

TESTS, EXAmlNATIONS aad REPORTS
Bpeclflcatlona

&

Co.,
COMMISSION MHBCHAHTS.
COTTON EJ^E^MGB. NEW YORK,

15
and

OOTTOM. COFFEE, GRAIN, PROVISIONS.
BTOCKS and PBTBOLECM.
Orders ezecntad in New York, Chicago and LlT-

arpool. All grades of cotton suitable to splnaan'
mats offered on favorable tarma.

WAEE

and Eatimaiea Furniahed.

NEW^ YORK.

ST.,

American Exchange Bank,
ST, LOUIS,

Geo. Copeland

&

-

WALKER
New York

-

I

Correspondent

8-^»3,00O

HILL,

Cashier.

Write for terms.
:

Bank of N.

Y., N. B.

A.

Co..

OOTTOai BBOKEBa,

P«ARI, HTREET,

mo.

8300,000 i^urplas,
PETER NICaOLSON, President.
Capital,

Collections solicited.

NEW YORK.

&

Bliss, Fabyan
Co.,
aw YORK, BOMTOM, PHIL.ADBL.PH1A

FBIHTS, DKNIM8. TICKS, DUCKS, *a
Wewala, Unllta, Wklta Gaada and Baalary
A'Mf, AMMitifff, 4<! for rxporf Trade.

Theodori baldwi>,
N. Rankin.

CORRESPONDENCE INTITBD.

IS4

BnjJNS AOIHTS FOB LlADIKa BBAITBS
.own and BLEACHED 8HIKTINU
and HUKRTIMGH,

WATLAIO) Tbask.
ALrRSD

Soatliern Inrestmeuts and Securities.

LIVKRPOOL,,

poM, Bapreaented

York,

Geo. H. McFadden & Bro.

connissioN herchants,

B.F.bABCOCK&CO.,

New

Refers by permission to
The City National Bank, Selma, Alabama.
Phenix National Bank, 15 Wall Street, New York
J. C. Graham it Co., Cotton Exchange, New York
American National Bank, Nashville, Tenneseaa
Alabama National Bank, Birmingham, Alabama.

Co.,

Orders for future delivery of Cotton eieouted In
new York and Liverpool; also fur Brain and
MsioM in New York and Chicago, and CoffeeProIn
new York.

18 Wall Street,

Transact a general banking business, Includlnjr
the purchase and sale on commission of securitiaa
dealt in at the New York Stock Exchange.

Liberal advances made on Cotton consignments.
Special attention given to the sale of Cotton to
arrive or in trHnslt for both foreign and domestic
markets. Orders executed for the purohaaa and
sale of Cotton for Future Delivery.

WABB & SCHROBDBB,

OOTTOM EXCBANUE BUILJDING
NEW YORK.

Co.,

CcmmistUm Merehontt,

Gottan Esehanse Bnlldlnc,

SutaTU C. Bopklna.

Oharlw D.

Reid

NORFOLK. FA„

AHS

m,

Price,

&

Trask

BANKERS AND BROKERS,

William P. Parrish,
35 W^all Street, New York.

MEW YORK.

from Arsenlo.

Hopkins, D wight

Way land

DellTerr ot

OF VIRGINIA.

Grade

Co.,

I.

Standard Superphosphates.

Hlffta

8c

GOTXON EXCHANGE BVXI.DING,

ooinmssioN bierchant(»,

»

INVESTMENTS.

NEW YORK PRODUCE EXCHANOB and HIC(H ttRADE

the

Orleans, Chloago and foreign markets,

Crenshaw

G;

BOSTON, MASS.

NEW YORK COFFEE EZCHANQB, and

Messrs. Smith,
Liverpool,

Olden execoted on the above BzohanKea as

B**Bi

BANKERS AND BROKERS'

GRAIN AND PROVISIONS
at the

& Co,

H. Prince

COKRKRPONDINT8

NKW TOKK.

*

York.

Co.,

aa William street, New York.
F.
siercuamt^,,: BZBCUTB ORDERS FOB FUTURE DBLITERT
at the NEW YORK, LIVBRPOOL AND NKW OBExehaB« Flaw,

MIMBIIRS or TBB STOCK, COTTON. OOVFUB
AMD FBODDCB XXCHANGBS.

IS

&

Henry Hentz

at the

New

New

COMMISSION MERCHANTS,

NKW YORK.

•• In

14 Nassan Street,

Sons,

Bight.

C(>nini$«siuiv
Po. 40

&

Dealers In tnTeatment stocks and bODds.
Personal attention given at the N. Y. Stock Ex.
change for the purchase and sale on commlssioa of
Stocks and bonds for cash or on margin.
Interest allowed on deposits, subject to draft at

OOTTON OF AJLL GEADE8, SUITABLE TO
WAUTB OF AMJSRICAU BPINNEBB.
LbBKAS, BTEBN * COm
Ntw Orleans, La.

T. Hatch

INMAN, SW ANN& Co W.

F08T BVILDING,

Lit

^iimncial.

Stillman,

MERCHANT3-

16

[Vol..

Filth

Avenue HoteJ,

UlafUaoii Square, NEW^ YORK.)
The largest, best-appolnt«d and most Uberallr
managed hotel In the olty, with tlia most centra
and delightful

location,

HITCHCOCK, DAB LINO » CO

Bethlehem Iron Comp'y
40 and 48 Wall Street
Hanbattan BuUdlns,
New York.

Massaoit House,
SPRINGFIELD, ITIASS,
IN WUSTBKH
NKW KNOLAND.

THE BEST-APPOINTED HOUSE

Convenient for the tourist or busiaess man.

Union Depot,

Nestf
_.

w. H. ouArm,