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HUNT'S MERCHANTS' MAGAZINE,
RKPRBSBNTINQ THE INDUSTRIAL .\ND

NEW

VOL. 3a

YORK, MARCH

Fiwaucial.

15,

1884

^ittattcial.

BROADWAY, NEW YOKK.
Itudnru Fouadtd I7»&.
mln Ltn of Stita o{ Ssw Tnk,

18S8.

KeorcaalK-d IMr».
ENftRAVKRa ANI> 1M',INTER.« OP

&

Alfred H. Smith

Co.,

IMPORTERS,

BONDS, POSTAGE &. REVENUE STAMPS,
LEGAL TENDER AND NATIONAL BANK
NOTES, of the UNITED STATES and for

182 Broadway, Cor. John Street,

|

Foreign Governments.

EMi HAVING AM) PKINTINO,
NOTKS, SHAKK CKKTIFICATES,
OOVKKNMKNTS AN1>
l«»M>S K<>K
<>KIM)RATH)>S, DUAITS, CHECKS,

l<A>'K

Members N.

OF EXCnA>fiK, STAMPS,

Hll.i.S

tlio flnest

Ill

*o..

and most Artiatic style
STEEI. PLAT ES.

FROM

3;«dil pspoi BiaiiUtONl oeluiTtl;

for

ue

the

of

SAPKTV PAPERS.

8AF*TV COLORS.

Executed In Fireproof Buildings.

\V»»ri.

LITMOCRtPNIC AND TYPC PRINTINC.

KVII.WAY TllKKTS OF

ISirilOVF.I>

Mh«« Card*. LabvU,

&

Co.,

BANKERS,

W,

8.

€or. Third

and Cbentnnt

I. IlateA.

Btfury P. Bu.i..

W. T. Hahk.

ArOaur U. BairK.

BRANCH 0„.Ck8

1 .igg ^i.M-^^'S'.Te'w'Jia'veo
Peraonal attention glren at the BXCUANGES to
the purchase and aale of STOCKS and BONDS for
oaah or on marirln.
DEPOSITS KKCBl VED-snbJeot to Check at alcM
—with Interest upon balances.
Special attention paid to INVESTIMINTS and
accounts of COCNTRY BAKKBB8.

QBOBOa BTABK.

G. GOODALL, President.
Vli:F.-f'RF.SinF.NTS
MACDONOUGH,
A. D. SHEPARD.

G. H.

TRANSACT A OBNBRAL BANKINO BUSINKS.AND BUT AND SKI.l, INVBSTMKNT

Ptailadelphm and otberdtles
PartJoolar attention frlvsn to Information rtvardlna

iDTestment Secuiit1e«.
PrlTate wire to New Vork, Baltimore and other places.

J.

&

Mahoney

F.

Co.,

WALL STREET,
DKALER8

THEO. H. FREELAllD. Sect>

8E0UU1T1K8.

Hare constantlr on hand and for sale Western Cltj
and Farm MortKages. bearing 7 to H percent Intereat.

IVESTERN MTNICIPAL BANDS
BOUGHT AND

Centrale

Anversoise,

WERP

A X T
Paid

Up

bought and

jAMEg WHTTkLT,
Hakry C. Looax,

31

4

K1>II.( DI UOTTAI.
A II FlUN'K fFmnk. Model ft Cle.)
AUG. .NoTTiiioBM (Nottebohm Prerea).
t-'K-

llHAM-4

,

\11,^hlAU

I

r.

1

ricie.)
C. 8chmld
I

TKAXSAOT

* Cle.)

AiA. P. PoTTMB, Preet.

J. J.

A
Bdot, CHhlar.

.....

•

BANKERS,

A.

WESTON,

BANKERS AND BROKEBB,
:Vo. 1

EXCHANGB COUBT,
Ifeiv

BROADWAY. *

S

MBW

Oppoajte 9took tCiohaiuce.
v., \A h. 15 UAIuTBtJlLDINO.
PriTBte Wire to TroT.
deewntaa carried on nuuslii. Interaat paid on balanoei

TJIOY; M.

No. 12

Foote,
WaU Street,

W.

,

on commission all classes of Kallroad
Securities: also Grain and I*roTlslous.
Private Telegraph wires to Phlladelpbtu, Wilmington, Baltimore, Washington, Bridgeport, New UaveD,
Boston and Plttshuii.
sell

Now York

N. X.

Stock Exohaafte.

B A N K E K A N D B R 4» K E R,
milU BulltlliiK,
New

All

Vork.

New York Stock Kxon oommtsslon for cash or
^^
DkWINO. Ci.aRK DXWlltO. F. T. BOMTIOOIT.
(Memt>er of Now York Stock Rxcfaange.)

se'.Mirltle.s tlciilt In

chanue IioukIii
upon nuirKln.

iiikI

Fred. H. Smith,
BROAD ST., NEW YORK.
STOCKS, BONDS AND PETROLEUM
No. 20

Boti^t. Bold, and Carried on Margins.
ul) railroads for past twenty
Parties deslrlim to buy or sell oaquotod »edo well to oommoDlcste.
F. H. S.MITU, i Members N. V. .Mining ^ N'atloiuil
8. W. SuiTU, J
Petroleum Kxcbanfre.

years.

F. Stafford,

at the

curltles will

Hamilton
BANfwKKH

No. 36

nnUK

H. Dewing & Son,
BACKERS AND BROKERS,

8

Bishop,

BHOKEIW.

PINK STKKUT,

IS

K W YOUK.

(Members New York Stock Excbanffe.)
Aoooants of Banks, Bankers and ulfaers reoelTed.
Interest allowed on Balanoea. A strloUy Conmleslun
Business in the parchau and sale of stocks and bondsu

Private Teletrrapb Wire to Albany. Tr<.<y, Synurose,
Rochester, Uticaanfl BufflUo. l>raw on v ityBaakof
lx>ndon In amounts to suit.
Special attention fflveii to Beeorltloa for iDTeetment.

New York.

Co.,

& Co.,
WALL STREET, NEW KORK..

Simon Borg
No. 8

DKALBBS

WALL STRK BT,
New Vork.

IM tLLt. KINBS OF

Railroad Skd InTestment Securities.
sotrrHBUi BacinuTua a Bpecultt.
B.C. iictmbcrt.
Member N. Y. Stock

E. C.

BANKERS AND BROKERS,

No.

&

A.NI>

xi^ld

W. H. Goadby &
8T

Whitely,
NEW

Intimate knowlodRe of

Stocks and Bonds llouirlit and Sold on Commission.
Accounts received and Interest allowed on baW
lances, which may be checked for at slghL

STOCK BROKER.
Lansdale Boardman,
SO

&

No. 18 Wall Street,

Tork.

amnr c. TDreiB. Member M. r. Stook Bzoh.

HEW YORK,

DAVIS.

ALLOW

Mpmtior

1400,000
400,000

AoeoonU of Banka and Bankera tollotted.
CoUeoUoQS made opon faTurable tenoa.
Qoranlment Bonda Ixnicbt and lold.

TINKER

Co.,

NEW YORK,

make U. S. Honda and Investment Securities a
spedalty, execute orders In STOCKS and BONDS
forcaahorcarnr the same on margin. We transact
a general BA.NKl.NG business and
INTBRBST on DBPOSITH. Branch Offices, connaeted l»
prtrate wire, Norwich, Conn., and Boston,

BOSTO.\.
•

ST.,

Kzecnte orders in all securities listed at the New
York Stock BxcbaoKe. For Sale,
Pikkt-Class Railroad First mortoaoi Bonds.
OBOROB C. WOOD. C O. HUK8T18. L. M. SWAN

Maverick National Bank,
CAPITAL,
SCKPLUS, -

&

Huestis
PFNE

We

QBNERAL BANKING BUSINESS.

&

Prince

i
j

Hatch

(Joh. Dan. Fnhnnann.)

i

No. 64 BROADWTAY,
YORK.
1*° ^^f^'^ Ave., New York.
RnAKrw
BRANCH nvvtrna
OrriCBS 688
16th St., Washlngtoa D. C
Buy and

RrcCEHSORS TO

'Wig),
!

Town and Batlwar Bonds

WOOU &

BOARD or DIRECTORS.
Prealdent.'
ALFRiD MAqriNAT (Graff MaqolnsT) Vioe-Pre*.
I. B. V UN DIB Becki (yi>n der Beoke
k M&nilr).
tnro OrsTHiK (Cornellle-UsTtd).

H. CUIliER iHKLr V
>
vue.

M

BANKERS AND BROKERS,

Capital, 22^9,000,000 Francs.

'''uzOribar.

l.V

aold.

Wood,

.

Cltj.

SOLO.

OlrcBlars wltb toll pertlonlars mailed on api>

Hknrt H. Dodox, WbWM. R. Travers, Bli.

INVESTMENT SECURITIES.
All claaaea of

iianq ue

BTAU.

Deposits received subject to check H,t sifftat, and
Interest allowed on dally balances.
Stocks, Bonds, Ac, bouicbt and sold on commlulon In

No. 15

TOURO ROBERTVN.

W. M. SMILUE,
STAYHER, Treas.

r.

Co.,

BANKERS,

Sts«,

:

J.

JOB>

&

George Stark

KTYLE8.

ALBERT

Sons,

BANKERS,
14 NASSAU STREET, NEW YORK.

No. 83 Nasaaa Street Neiv York,

('«U>n«lar«.

BULNK BOOKS OF EVSRT DXaCBTPTION.

&

T. Hatch

PHILADKLPHIA.

jrtmt 0OUHTZSrS!ini3.

Tlth ipwUl iiftgoardi to

and Philadelphia Stock Gzduuiaea.

Y.

H. Taylor

L.

1

WaUcr
ffath'l

W.

DIAMONDS.

Bank Note Company,
142

NO. 977.

^inawciat

AMERICAN
Isoorpentgd

OP THE UNIT

CO.VI.VIERCIA.L INl'EiHKSI'S

KxdL

JoHx 3, c. Uxmwoa.

Humbert

&

Son,

BANKERS AND BROKEBS.
No. as

DRun.

WALL STRRBT,

Buiu>n<a,

nbw tork

;

THE CHROJVICLR
^OVtiQU ^XCUVtUQZ,

&

Morgan

Drexel,

No.34 South Third Street, 31 Boulevard Haussmann,

Nos. 19

Deposits received subject to Draft.
Secuiities
bought and sold on commission. Interest allowed on
Deposits. Foreign Exchange. Commercial Credits.
Cable Transfers.
Circular Letters for Travelers,
available.in ail parts of the world.

No. 50

MESSRS. DE ROTHSCHILD,
and their Correspondents.
Also Commercial Credits and Transfers of Money

Co.,

ON GREAT BRITAIN AND IRKLAND, PRANCE
GKRMANV, BELGIUM, SWITZERLAND, NORWAY, DENMARK, SWEDEN AND HOLLAND.

Co.,

New

Agency of Banks, Corporations,
and individuals received upon favorable terms.

And In

& Trarelers'

DRAW ON

Kennedy Tod.

J.

H. O. NORTHCOTB,
OF nOKEY
BBTWEEN THIS AND OTHER COVNTBIES.
(HAKE COLLECTIONS OF DKAFT8 drawn J. Kennedy
points in the United States and
abroad on
all

No. 63

Canada, and of Drafts drawn in the
United States on Foreign Countries.

J.

33

&

EXCHANGE ON
Si-niTH, PAYNE & SiniTH'S,
BANKERS, LONDON;
MANCHESTER & COUNTY BANK,
BILLS OF

•LIMITED;"

LONDON

bonds, stocks and securities in all American, Canadian. British and Dutch markets on commission. (.'oUect dividends, coupons and foreign and
Inland Drafts.
Sell Bills of Exchange on

& CO., LONDON.
UAMBRU «c SON,
J y nwnniB
& SON, AniSTEKDAIH.

MELVILLE, EVANS

HOTTINGUER

BANK OF SCOTLAND,

& CO.,

PARIS.

&

Co.,

New

York.

FOREIGN BANKERS.

BARING BROTHERS Ac CO., London.
PERIER FRERES <& CO., Paris.
MENDELSSOHN dc CO.. Berlin.

&

Co.,

10 Tliirofl^morton ATe., liOndon, Bus*
of Kxchangre and transact a general
flnanotal commission business. Parttcnlar attention^
Clren to American Seoarltles.
Bills

&

William Heath
Rne

Co.,

Serlbe, Palis.

Ordera solicited for London and American markets
(ortnTestmentoronmaiKln. Rstlwsj, StAte and CItr
Lohzui negotiated.

&

John Munroe

Co.,

No. 8 Trail Street, New York,
No. 4 Post Office Square, Boston.

CHEQUES AND CABLE TRANSFERS ON

raUNROE &

CO.,

OircuilAR Notbs

Schulz

CO.,

and Credits

&

AND

BANKERS

BANKERS,

120 Broadway, Equitable Building, New York.

VMITED BANK

LETTERS OF CREDIT AND
CIRC1?LAR NOTES

LONDON.

fob.

Tratslsrs.

Ruckgaber,

BANKERS,
99 UriLLIAin STREET, TSKVT YORK
CORRKSPONDEUTS OF THB
International Bank of London
(Limited) London.

nessrs.

John Berenberg, Gossler & Co.
HambarK.

niessrs.

Marcnard, Kranss & Co., ParSs

^ommerelal and Travelers' Credits. Bills olEzobuura.
OsUs Tnuufsrs.

Co.,

BANKERS AND BROKERS,

Wh.M. EAHL,Memb. N.

Exchange.

B. £.

WALKER,

JOINT AGENTS

Canadian Bank of Commerce,
16 EXCHANGE PLACE,
BUY AND SELL STERLING EXCHANGE, CABLE
TRANSFERS, ETC.
ISSUE COMMERCIAL CREDITS, A VAILABLB
IN ALL PARTS OF THB WORLD.

James T. Bates & Co.,
(BSTABLISHBD
BANKERS AND BROKERS,
ISeS,)

mills BnUdlng,

New

Special.

&

Earl
85

Dayton,

TO

59

DREXEL BUILDING.

New

John

Ifork.'

York.

Members of the New York Stock Exchange.
Oheoks and Cable Transfers on JAMES T.
CO., GwieTS, Swltnrland.

BATB8 *

Cisco

J.

&

Son,

BANKERS,

No. 69 Wall Street,

New

York.

Deposits received subject to check at sight and
interest allowed on daily balances.
Government Bonds, Stocks and aU Investment Securities bought and sold on commission.

Mead &

F.

I.

Co.,

btock brokers,

80

BROADTFAX,

NEW

XORK.

Office with Private Wire at 23
Third Street.

Buy and

West Twenty

on commission for investment or on
margin, all securities dealt in at the New York Stock
Exchange.
I. F. MltAB,
T. H. CCOTB
R. R. LSAB.
Member N. Y. Stock Ezoh.
sell

Simons

&

Chew,

STO€K BROKERS,
i

k

Y. St'ok Ex. O. H. BTAnm,

BANKERS-AND BROKERS,

and other investment bonds'.
S4 IVall St. and 62 Greene St., N. Y.
Buy and sell on commission for investment or on
margin, all securities dealt in at the New York Stock

M. ttOADBT

YORK

Secnrltles.

A. H. DAYTON.
A. H. M0RE.

Branch

Members of the New York Stock Exchange,
DeaIjErs in Foreign Exchange, Government

J.

BITILDINC,

& MigceUaneons

Railroad

Issued for the use of travelers In all parts of the
world. Bills drawn on the Union Bank of London.
Telegraphic transfers made to London and to various
places in the United States. Deposits received subject to check at sight, and Interest allowed on balr
ances. Government and other bonds and investment
securities bought and sold on commission.

&

'.

Co.,

BROADWAY AND WALL STREET, NEW

KOVNTZE BROTHERS,

Uriger

j

AJSD BROKERS,

STOCKS AND BONDS BODGHT AND SOLD
STRICTLY ON COMMISSION.

OOSRESPONDSNTa .

Chas.

&

R. A. Lancaster

COiaiBBOIAL AND TBAYEUBBS' CHBOITS.

PARIS.

STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON

ALEXANDERS &

Office, 320 Broadwar,
Connected by Private Wire,
.los. C. Walcott,
> Members of
the N.T. Stock
Frank F. Dickinson, { and Mining ExchaagWi

PARIS:

No. 80 Broadnray, Nevp York.
MemlMrg of New York Stock Hxcbanse.
TORHIGN EXCHANGE. CABLE TKANSFBB8.

No. 19

Branch

Southern Securities a Speeiatty.

CABLE TRA178FEBS, BILI3 OF EXCHANGE

Draw

made and Loans Negotiated.
Dividends and Interest Collected.

Securities. Collections

DEALERS IN

Si^ e"q^C?V.TH08 B. DATI8. W. G. H. HEATH.
William Heath & Co.,
BAIVKERS AKD BROKERS,

William Heath

Co.,

Stocks and Bonds bought and sold on Commission.
Orders received In Mining Stocks, and In Unltatwl

BOSTON, MASS.,

ABLE TRANSFERS AND LETTERS OF CREDIT
LONDON:

&

BANKERS AND BROKERS.
No* 24 Pine Street, New York.
Transact a General Banking Business

)

Cor, Wall and Nassaa Sts.,

ALSO,

of

Deposits received subject to Draft.
Interest Allowed. Investment Sectiritles a Spedalt;
We issue a Financial Report Weekly.

WILLIAM STREET,

Kidder, Peabody

EDINBURGH, AND BRANCHES

C. Walcott

J.

Buy and sell

H. OYENS
;

BBLFAST, IRELAND;
AND ON THB

NEW YORK:

Co.,

Offer Investment Securities.

VIiSTER BANKING COmPANY,
NATIONAI.

Y. Stock Exch,

Tod &

Act as Agents for Banks, Bankers and Railroad
Companies.
Issue commercial credits, also foreign and domestio
travelers' letters of credit in pounds stierUng St dollars.

C. J.

IN

Alexander Babino,

Member N.

BANKERS.

Stuart
Co.,
J.
NASSAU STREET.

MANCHESTER, PAYABLE

Credit

and dividends; also aa transfer aKcnts.
Bonds, stocks and securities bought and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchanjie and Cable Transfers bought
and sold.

Francs, in Martinique and Guadaloupe.

&

ST.,

YORK.

Exchange and Letters
on IQexico.

of

Bills

Dividends and interest collected and remitted.
Act as agents for corporations in payliu coupons

Credits

MAKE TELiEGRAFHIC TRANSFERS

BEAVER

29

NEW

Accounts and
firms

Wilson''&~Co7

&

27

York.

Am

..»»

of Exchange and make Telegraphlo
Money on Europe and CalifomlaT

W.

J.

THB UNION BANK -OF LONDON:
THB DEUTSCHE BANK, BERLIN, HAMBURG
AND BRISMEN:
IN STBBhlJXa.
ANDRE GIROD & CO., PARIS.
AVAILABLE IN ANY PART OF THE WORLD.
Issue Commercial

Bills

Transfers of

BANKERS,
62 TYllUam Street,

BROAD STREET,

Newr York,
Issne Letters of Credit for Trarelers,
On SELIGMAN BKOTHEBS, London ;
8ELIGMAN FRKRKS & CIE. Parts
SELIGMAN & STBTTHEIMER, Frankfurt
ALSBBRG GOLDBERG, Amsterdam
ALTMAN & STBTTHEIMER, Berlin.
tralla

&

Jesup, Paton

N. Y.,

OF EXCHAi\OE

BIL.L,S

BANKERS,
No. 23

Draw

CO.,

&

STREET,

& W.Seligman&Cc,

Parable in any part of Europe, Asia, Africa,
«.,
and America.

on California, Europe and Havana.

STREET, LONDON.

-VrXJL,!^
B0i' AND SEUi

Street,

Issue Travelers' Credits, available in all parts of the
world, ttiroiucb the

Attornbts and agents of

mOReAN &

and 21 Nassau

"gavHsn %xch^uQc,

Co., J.

BANKERS,

PBII^ADEliPHIA
PARIS.
SOMESTIO AND FOREIGN BANKERS.

Brown Brothers

&

Co., August Belmont

STREET,
COKNEE OF BROAD, NEW YORK.
DrexeljHarjes & Co
Drexel & Co.,

nesiirs. J. S.
No. 22 OLD BROAD

%XCUKnQt.

|^0i;^fltl

ITAIil.

[Vol. XXXV'ii.

Exchange Courts 52

Broadw^a)r,N.Y.

Stocks, Bonds and U. S. Government Secnrtttoi
Bought and Sold on Commission.
Beverly Chiw.
Jab. d. Simons,
Member N. Y. Stock Exchange.
Member N. Y. Produce Exchange.

Howard

Lapsley

&

Co.,

BANKERS AND BROKERS,
No. 24 BROAD STREET,
Nei<r Ifork.

Edwin Corning,
38

WALL

STREET,

STOCK AND BOND BROKER.
Member New York Stock Rrnha n ge.

i

I

Makoii

THE CIIRONICLR

1884.]

to,

S»uUcv5 »uA

gaufeevs and Urofters.

Ifvokers.

&

Taintor

CALDWE^.i., wasiiui;k\

Holt,

TOWNSEND

BANKKKS,
WAL.I. HTKKKT. NRW YORK.
TKANHArTaOHNKKAL BANKINU bailneM.
knd INTHKItST allowed on

r««alT«il

and

OOVHHNMHNT, MtlNICIPAL li''

•ell

KAII.KOAU BoDda.
Prlr»te teleirraph wlree to ProTldenoeand Boetnn.
B.

(i.

TAINTOK.

IIOLT

UiCO. H.
O. D. L>HUII.IBH.

No,

WA

a

Nsw York

BtmiUm

all

Sons,

Sistare's

NASSAU

IB

Stook Kzohangs.

INVESTMENTS.

jA8.Tinur»B.

Buy

on CommlMlon, for caeb or on marMoarlUaa dealt In at the New York Stook

«jDd Sell

iiin. all

also

&

Co.,

BANKERS AND ItROKERS,
No. IT WALL ST., NKW VOKK.
rk

\<;:i!:
IV

I'

A

Philadelphia Stock Gxoh'Kea

communication with the marand Baltlmuro.
securities bought and sold, OH
:.V, In any market.
purchased for Investment or oar*
lo
i

1

-

DKUKKS,

eltber
attention.

ial

vvalatun u. Bkowm.

qekbkrt

by

Cabu

or

Bbown.

Walston H. Brown & Bros
BANKERS,
NO. 30

&

CEDAR STREET.

Banking Business, buy
S«U QovaramAnt Bonds and lavestment Seoorl

In addition to a General
iind

John

w. V. Cakolin,
Member N. Y. stock Kich.

H. Tatxor,

Taylor, Carolin
(tankers

&

&

f Cox

c.

Commi8.siou Stock Brokers,

new

uponmaiKln.

WH.

A. Bl'TTllICK.

C.

Biittrick

&

18 Wall Street.

EIJJIIAJ).

Ellimaiij
New York.

-RallroAd bonds a specialty.—
-Inveaton are Invited to correspond.—
-Infomiatlon cheerfuUr Riven.—
-KonrteMi reftn' memberBblp In Stoek Kxoh&nice.—
-Orders br nuiU aollclted and promptly attended to.

^<xnhB*^'^tw '^ovU

MnU

SBwutAN s. J KwaTT, Pr«s. JOUAK Jiwarr,T>PTSf
WILLIAM C. CoBiarBLL. Cashier.

Bank of
.

Buffalo,

....

.

This bank has superior

t3oo,no«i.

N. T.

facilities for

making

CoRR«8FONDKNT8.-New York, National Shre«
Leather Bank; I.ondon, Union Bank of Londen.

.

Stock

petroleum Kxch.

{

A

Blake

margin.

&

R. T. Wilson

Co.,

BANKERS AND COMMISSION MERCHANTt:
3 Bxebance Conrt. Nevr Vorlc.

No.

Pald-Up

Investment Securities.
P. O. BOX 8,647.
WATUIND TRAgK. H. J. MoBSS.
W. CHILL.

^LLij^s.pouDEN SJepii^ins.

HEAD OFFICE

all

BLAKE BROTHERS &

CO.,
AOKNT8 roR North Ahzhica.

WALL STREET, NEW YORK

29

STATE STREET, BOSTON.

Adolph Boissevain & Co.

BANKERS
Aim

reputable Securities

bought and sold In the OPBN MARKBT. LOANS
and COMMBRCLAL PAPBR negotiated. Interest
paid on DBPOSITS, snb}ect tootaeok.

AMSTERDAM.
'

18

Pnrchase and sell on Commission OOVBRNMBNT
and RAILROAD BONDS and STOCKS, and all
classes of Securities dealt In at the NBW YORK

IN

Ageooles In Batavla, Soerabaya and Ssmanuig.
Correspondents In Padang.
Issue Commercial credits, make adyanoes on ship
menta of staple merchandise, and traasact other
business of a financial character In connection with
thetrade with the Dutch K»xt Indies.

25PiNe§T. -l^euuVoRK.

or

ESTABLISBXD IN 1803.
Capital, 12,000,000 Onliders

($4,806,000 Gold.)

Sell

STOCK BXCUANOB,

HOLLAND.
'

New York,

KIODDL

Solicit accounts and agencies of Banks, Railways
Corporations, firms and Individuals, upon farorable terms; also orden for the pnrchase and
sale of Bonds, Shares, Ac., A&, on Commission
•
on the Stook Exchange.
Negotiate Railway, State and City Loaiu and
Issue Commercial Credits STsUsble in all parts of
the world.

AinSTEBDAiTI,

STREET,

Transact a General Banking Business, Inolndlng
the purchase and sale of STOCKS and BONDS for
cash or on marjrin.

A. H.

Co.,

Nederlandsch Indische
Handelsbank,

c?G Co.
BANKERS,
WALL

18

&

Brothers

I.ONDON, ENOLAJWD,

Stoeks, Bonds, Ac., bought and sold for cash or en

commissiON hierchanis,
AMSTERDAM, HOLLAND
N. T. OorreepoDdeMs-Msasn. Bl.AX> BBO«.

Member N.

Y. Slock
kBxchance.

TH

Young & Morse,
BANKERS AND RROKERS,
No. 29
I'rtin.-uu-t
ricrttt

BROAD STREET, NEW YORK
a general Banking and Brokenge BuslBonds and Mlacollaneoiia Seoorltlea.

In Mockji,

K

B A N
9S Broiidway.
Branch Otter,

^ SOe
K

E

!4

,

cor, Kaehange Pince, N. V
t:ts l.a Holie Ht., C'hicngo.

TRANSACT A (IKNKi:
CINU BUS1NKH8
INCLUDING TlIK
\SI) SALE oh
STOCKS AND BD.NIi
oH ON MAK.
GIN. BUY AND !<b;i
..UENT SBCURlTIB8. INTKRK8T ALLOWKU ON DBPOSilV
—^"""^
SUBJHOT TO CUKCK AT SIGHT.
P. O. Box 447.
D A. BOODT,
O. W. MOLKLLAH JR.
"

'

'

I

;

.

Stewart Brown's Sons,
N*. 88

PINE STREET,
NBW YORK,

R»r«»i» Ulaiid.

A.K. Batema.v. W.m. HoLtrxs. Dorni.AiigORCgR
Memb..N. Y.Cotton Bxoh.

DOLGLASS OKEEN
85 WAI.I.

Slocks, Cotton

Sc

CO.,

Wall Street, t'orner Broadwray.
NKW YORK.
and Foreign Exeliaase BTOOK S, Boyps d OOMMXRVIAL PAPER.

Stocks and bonds bought and sold on commission at

PrlTate Wire to Washington.

WABBINOTON,

D.

C

NEW^

YOKK AKents, J. A W.BeUKmaii A Cu

BOSTON

Correepond'ta.MaaaaolmaetteN. Rk

Anthorlxed Capital, •
Paid-up Capital, •
Reserve Fund, - - •

•
•

New York Stook Bkchange. Adranoesmads on
ntw paper sad otbar aaourlUes.

husl>

9e,ooo,oo«
i,soo,o*o
8S0,0*0

Transact a general banking haslniiss IssaeOoa
merdal eredlU and BUlsof Bwihsnge. avallsMs In al
parts of the world. Collpotlimii and orders for Bonds

p. N.

BANKBR8.

8TKBET.

BATSMAN A CO,

(LIMITED).

LONDON, Head Office, 3 Angel Court.
SAN FRANC ISCOOmce,42S CaUfomin,4)t

etc. exeonl^'

•ti fayniable

^

ION A

UNITED BANK BUILDING,

A Ou

B

Anglo-Californian Bank

ti .icks.

fltockaand Bonds bought and sold on GommlMloiu

.Mumb.N.Y.St.Kik Rich.

of>j.

lections on all accessible points In the United
States. Canada and Europe. Liberal terms extended
to accounts of bankers and merchants.

RROAD STREET, NEW YORK.

John 8. Jaues, Member N. Y. Stock Kxch.
N.Y.MlnlHK
wariiev
lAwva ) Member
w
AKHi.N t
1
JAMKS,
j,.^^,,

Cox,

68 BUOADWAV,
YOKK.
Deposits recetred snbject to check at sljcht and
mtereat allowed on dally balances.
All HCnrlUes dealt In at the New York Stook Rxcluuictt bought and sold on eommlsalon for caab or

N. Y.,

and Bump«ft

market

BUFFALO,

James &Co.,

Secnrltlefi

BXCHANOE PLACE,

90

Commission Stock Brokers,
No. 3

Buy and
.M.

S.

Co.,

Bonds & Investment

capitaIm

uiid .Miscellaneous Securities.

yi>ii(l8

&

Pondir
stocks.

York Mining Stook Kxchange.

Correspondgffce Solicited.
Quotations cheerfully fnmlshed.

Co.,

BANKERS,
tt3

ClilOHgo markets.

BROAD STREET, NBW ¥ORB.

XO

WglBOM.

C.

AVaUVttn NATBAjr.

Orders executed rm the T.ondon

Co.,

NASSAU STKBBT,
NEW YORK.

Oilman, Son
No.

&

New York and

mall,

frid. a. Bbows.

p.

New

OTTO

N. Y. Stuck Bzehang*.

BANKERS,

Stocks,

ItMO.

ohn H. Davis

J

flrinlsl

Rolston & Bass,

orden by maU or telagiapb

Msmber

Members New York and Chicago Stook Rzobange'

tntereet allowed on dally balanoee.
All depoalta aabject to obeck at sUibt.

KSTABLISBKD

a.i.ijin.gr.

MILLS nriLUlKU. Boom 7, Second Story.
STOCKS, BONDS, uRAIN AND PROVISIONS

Kxctuu3i:e.

I'aitlouUr attanttoo to

n

J.
BANKERS AND BROKERS,
Broad dc 35 Wall Sts., New York,

bought and sold In

RANUALL,

OBAII. K.

JOBIt POHDIB,

Turner

C.
15

DBAI.BR8 IN

riRSiT-ri.ASS

tta*

daalt In at tb«

dspoMs nbjsot to sight draft.
C. B. CALnwgLU
LAXaiHO a WAHHBtrRH.
CHAS. J. TOWMSCMD, Member N. Y. Btook Kzohangs

NBW YORK,

ST.,

KXf!HANOK PLACE,
lirokert) in Kaiiroad Mtocks and Bondf,
o'lVBKNMatrra a ronaioa bxcuanos.

Interest allowsd on

coLLJ.'nTBjigB,

& Wierum,

Randall
ftO

BTRBBT.

I. I,

Memb. N.T. Bloek Kxeb.

Geo. K.

^

Transaet a general Banking BuiliMss, taolnding

Purahas* and Sale of

Jlitlllicon.

liny

DntifuvB mid ^vol^ievs.

BANKKKH AND BBOICBR8,

N«. 10

DKrosiTS

m

LILIBNTHAL.

Narr

a'

tame

ART. I *•"•"•

<.w..i..i.

&

Co.,

AIMERICAN BAIVKERS,
STUTTGART, GERMANY.

^

;

THE CHR0N1CI.E.

iv

^atmMatt ^vmhws.

^^sifiStpt llattKiers.

Dc

Imperial Bank of Canada.

Twentsche

CAPITAIi (paid up),

B. W.

-

.

-

HOL.IiAN9.

-

1861.

1,858,874 84

Reserve Fond,

">

Office,

W. BUJDKNBTKIN A CO.
& S6 Tbrea<lneedle Street, H. C.
ParU— Anciksni! Maison Leon A Drehkk,
COMPTOIB DK CUANOB, JL,IMmiD.
B.
No8. bS

'

Rue de

112

Almelo-LEDEBOBR

Agents In I,ondon

CO.

i.

-

$1,150,000

BNQ.— The Clydesdale Bank

Bescrve Fund, £300,000.
OFFICE, THKEADNEEDLE ST.

York Agency, No. 61
HENRY HAGUE,
JOHN

Aldgate,
OldStreet,

The Bankjffhlle conducting the general btutnem
of London Bankers, gives special ntteotlon to thAgency of Foreign and Coloi^^ Bunks.
KPY, Mantner

»7.!i00,000

4,100,00*

OFFICE, BOlfO KONO.

The Corporation grant Drafts, Issue Letters of
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta. Singapore. Saigon

BO

4r William

TU RIVER &

»t.

CO.,

THRBADNEEDLE STREET.

E.

J
j

No. 52-lVAI.Ii

CIK<'U1..\I{
aviilliible in

&

Co.,

BREHEN, eBKntANY.

BANKERS,

Canadian ^aulucrs.

iniDI>I.ETOWN, CONN.,

Bank of Montreal.
-

SURPIiCtS,

-.

U.

-

•
-

$12,000,000, Gold.
60,000, Gold

F BMITHliKB, President.
W. J. BUCHANAN. General Manager

Nod.

NEW YORK OFFICE,
S9 & 61 WAI.I. STREET.
WALTER Watson,
Albx'r Lang,

Agents.

Buy and sell

Sterling Exchange, Francs and Cable
Transfers; grant Commercial and Travelers' Credits,
available in any part of the world; issue drafts on
and make collections In, Chicago and throughout the

Dominion of Canada.

Loudon

Office,

and
iju

all

NOTES
parts nf

t^REDlTS

In

name

BANK

issued in Pound- sterling
ihe wurld.
IKI.IliM KR-

NEW LONDON <& BUAKlIilAN
Limited, available In the Brazils. River
of

Plate, 4c.
Bills collected
.
acted.

and other banking business trans-

McTAVISU,(
8TIKEMAN,

D. A.

H.

Gzowski

&

gjettttsglx»ania laiilicvs.

W

E.

Rea Brothers

Cobb
Estabrook

BOSTON.

Dealers In Goyernment, Stiite. County. MunkflMl
and Railroad Bonds. Execute orders In all 8E80BITIES listed at the New York and PhUadeipWd
St»"ck Exchanges by Private Wire.

AN1>

BOSTON STOCK EXCHANGES.

CHESTNUT STREET,
PIIII,ADEI.PH1A,

Orders executed by private wire in New York. Bo*,
ton and Baltimore.
Drafts issued on all principal points in the UMts-'
States and Europe.

No. 9 Blrchlu Iiane.

Robert M. Jannei

M. Shobmakbb.

Jos.

J OS.

M. Shoemaker &

No.

Co.

&

Bwbbt A

SOUTH THIRD STK8ET

134

PHILiADELil'HlA.

Hill &~Co.,
BROKERS,
PITTSBURG, PA.,

"Geo.

and Cnlted State* Bondit.

Dupee

Gerlach,

No. 322

ALSO,

(Formerly Ceab. A.

&

BANKERS AND BROK£B>,

BANKERS AND STOCK BROKERS,

MEMBEBS OF THE NEW YORK

Perkins,

Co.,

IVOOD STREUT,
inTTSBURG, PA.

BANKERS,

CONGRESS STREET,

&

No. 97

Narr

tuw %nQl'AnA ^aixUcrs.

SB

IN

BANKERS AND BBOKERS.

and A llinnop Rank. London.

No.

IN CAB TRUSTS ANB OTHBB
VESTMENT SKCURITIHS.

Stocks and Bonds bought and sold on Commissi"

Buchan,

Prompt attention Klven to Collection of Commer
and Canadtan Funds on all points In Canada
American and SterllnK Kzchanjre. and Stocks, Bonds,
etc., bouKht and sold.
Correspondents— Bank of New York, New Vnrkt

&

Co.

Agents.

olal Bills

Brewster,

Clark &
BANKERS,

No. 33 etouth Third Street, Philiidelpbla.

OBALBRB

Dealers in HlHulclpal, State, Railroad

OAflTAL,

Co.,

BANKERS,

STREET.

ISSI:EI> for iisO in Kunipe,
(hina,Japun and the Kant and West Inillos. Also,
CI.Vl-

N^" York Stock Exchange.
Philadelphia Stock Exchange.

Wiithmann

&

Jackson

E.

Boy and sell Government, State, MunlcH»&i
Railroad Bonds and Stocks. Investments for
lags Basks a specialty. Collections made.

North America,

LONDON.
Mauumna
MBMBBBS

DEVONSHIRE STREET

J

Amoy, Nlngpo,

Shanghai, Hankow, Yokohama, Hiugo, San Francisco

A. P.

C.

»„„_,,
Agents.

TOROIVTO, CAIVAOA.

BANKING CORPORATION.

Foochow,

Stackpole,

BOSTON.

Shanghai BANKERS AND STOCK BROKERS,

CAPITAL (paid-up)
RBSKRVK FUND

and London.
A. M. TOWN8END, Agent.

British

Chicago.

truarantee and Reserve Funds. £"717,710.
Letters of Credit and Drafts Issued on the lOO
Branches ©f the Bank In the Colonies of Queensland,
New South Wales. Vlclorlii, South Australia, Ta£mMhlaand New Zealand. Bills negotluted or sent fur
CoHectton. Telegraphic Transfers made. Depoeltt
received In London at Interest for fixed periods on
'erms which may be ascertained at the office.
PBIDBAUX SELBY, Seoretarr

Hong Kong,

BoMi

t

Buy and sell Sterling Exchange and Cubic Transfers. Issue demand drafts on Scotland and Irelana;
also on Canada, British Columbia, San Frandsco and

of Australasia,

...
(INCOBPOKATKD 183B.)
Tiireadneedle St., I.ondon, England
PAID-UP CAPITAL, JEI. 600,100.

BEAM

(

JR..

New York and

or

London.

Hong Kong &

HARRIS.

I.

BANKERS,

Street.

Bank

Tottenham Court Boid
IPaddlngton,
I

Knlgbtsbrldge,

B.

&

Parker
No. «0

AGENCY OF THE

BRANOBLBS:

Bank

Exchange.
Privafe Telegraph Wire to

(Limited.)

WtM

R.

Dealers In Commercial Paper, (Government m
other flrst-olaas Bonds and Securities and Forele

and elsewhere, and issues Drafts payable at any of
the offices of the;bank In Canada. Every description
of foreign banking business undertaken.

(Tew

& Co.,

W^ETBOSSET STREET,

The New York Agency buys and sells Sterling Exchange, Cable Transfers, Issues Credits available In
ftU parts of the world, makes collections In Canada

i'fiSS'SSS
1,000,090

.1

BANKERS AND BROKERS

GEORGE HAGUE, General Manager.
J. H. PLUMMER. Assistant General Manager.

HEAD

Uolbom,

Wilbour, Jackson

Esq.

YORK-The Bank of New York, N.B..V.

& Co.,

JOSHUA WtLBOUR,
CRARLE8 H. SHBLbOK,
Benjamin A. Jackson, William Binnkt, jr.

PROTIDENCE,

ANDREW ALLAN, Esq.
ROBERT ANUBRSON,
HEAD OFFICE, JTIONTKEAIi.

Stoc

BANKERS.

SS-

$5,700,000 Paid Up.

-

Prealdent,
Vice-President,

ICBW

£4,000.0UO

...-.-

Street,
Ludgate Hill,

-

.

check.

A. Hawley

F.

OF CANADA.
Capital,
Beserre,

to

Correspondence invited.
Orders executed at Boston and New York
Exchanges, of which we are members.

Montreal,

of

O.N

Bonds wnd other iyivestments bought and sotd

Merchants Bank

'I4ONDON,

EBfGI-AlVD.

Authorized CaDltal,

Bond

BOST

BANKERS:

LONDOK,
Capital,

Bank

Deposit,-

Interat on depoaiis nibjeet

Sterling Exchange.
in New York:

I

NACHOD & KIJHNE

The City Bank,
SubHcrlbod Capital

&

Agents

I

S9 Wall Street.
73 Lombard Street.
Promptest attention paid to collections payable In
any part of Canada.
Apwoved Canadian business paper discounted at
the Head OfBce on reasonable terms, and proceeds
remitted by draft on New York.

New York Cokrespondemts
Messrs. KNACTU.

:

BosANQtniT, Salt & Co..

Richelieu.

Transact a general Banking and Commlsatoa BnXDesa In Bills, Stocks, Sbares, Coupons, to.

Bank of

N4 DeTenshlre Sc 20 Water 8tg.,car.app,P,n

Brandon, Man.

Dealers In American Currency

-DE WISSKL-en EFFECTKNBANK.

EnBche.le-B. W. BLIJDENSTBIN. Jb.

-Manila,

$l,SO0,0O0
$6T8,000

Catharines, Port Colbome, St. Thomas, Ingersoll
WeUand, Fergus, Woodstock, Winnipeg, Man„

(t608,660.-)

Amsterdam.
BRANCHES
lloildOB-KXCHANQB & mVBSTMBNT BANK

Head

4

-

BSANOBES:
8t.

anbscrlbed Capital, 8,000,000 - Gnlldera ($8,800,000.-)
(18,144,680.-)
"
Paid- Up Capital, 7,861,700 -

PaW-Vp

-

Pres't.

8.

Kbtablibhed

liotterdlini

-

Bankvereeniging, SUBPLVS, .......
HOWLAND,
D. R. WILKIE, Cashier
a.
BLIJDENSTEIN & CO.,
HEAD OFFICE, TORONTO.

AJUSTERDAM,

XXXVUl

[Vor..

Co.,

Co.),

Buy and

Haltimoxre gauluers.

No. 40

Dealers In Municipal. State and HaUroad Bonds.

Samuel G. Studley,
COMMISSION STOCK BROKER,
No. 4 Excbange Place, Room No. 4,
BOSTO!V, ITIASS.
MEMBER OF BOSTON STOCK KXCHANGB.

Western Pennsrlviuin
Correspondence solicited.

classes of

sell all

Securities.

BANKERS AND BROKERS,
STATE STREET,
BOSTOIW, niASS.

B.

J.

W. Mro'iJENDOKr, W.

B. Oli-vkk,

C.A.ALbiki

Members BaJtlmore Stock Exchange.

Middendorf, Oliver & Co.
BANKERS AND BROKERS,

W.

German &

"fNDIc'A?ORS

AND TELEPHONE

Sontb St».,
Corner
8.
HALTI.^ORE. MiP.O. Box 387.
For
Special attention given to the ncifotlatloD ofimw
elgn Hills of Exchange, CoUateral Loans and
IN OKKICK.

:

Makcu

THE C^HRONICLR

1684.]

19,

ISKcstiCvu

IJaltliuovc gjittlicvs.

&

Colston

iVilson,'

AND

BA.NKRIUI

Co.,

HIUIKRKS,

BALTinORK.
I

KSTMBNT

N V

uul SOUTIIKKN SKCUKITIBS •
and tnrurmntloa

urruapuadODC* ioUolt«d

No 176 DEAKIiORM BTREETT,

Capital,

CHICAGO, ILL.

Surplua,

fni-

l>liml.

CoRWPoadanU-McKlin Bruthen X

N. Y.

Oo.

S»ttlicvs.

N. W. Harris & Co., United States Trust Co.
OF NEW YORK.
INVESTKIENT BANKERS,
No, 49 WALL STREET.

[•(Hl.vlty.
t

:

DrkXrTVQ Slale. Coonty, Oily, Town, Bibool.
OWIN
U\J, and Car l-mst Bought and Sold.

of entire Issnea raoalTes special
Robert Garrett & Sons, The fnndtnK
Write us
you wish to buy or selL
BANKERS.
Montana National Bank,
No. T SOUTU STHBBT,
HELENA, B. T.
BALTIMORE,

attaii-

tlon.

AND

'BANSACT A OKNKIIAI, IHlMKaTIC
KOUEIUN HANKINU BUSINESS.

&

W.

Co.,

8pMUI kttaotlon paid tu OQllectlons, with prompt
RmlttMioea at ourront ralea of ezchanire on Adj of
ayment. Buy and sell State of Alabamn and City
{ Mobile Bonds.
Corraspondenta Bank of the State of New Tork
•w York: Loulalana National Bank, New Orleanii
•Bk of urarpool. Umltad. larerpooL

THE CITY BANK OF HOUSTON,
CAPITAL, «50O,O00,

I

irlTe

apectal

Texas.

attention to

collections

on

all

woesuDla pomts.
DiKKCTOiu.— Beniamln A. Bntta, Pres't; F. A. Rice,
E.G. Baldwin, W. B. Botu, Kob't Brewater. 8. K.
I

(ellhennT, B. K.

W.

"P.

Bl.ACKWIU,

P. A. WiL»r,
Cashier.

rhe Bank of Durham,
DVRHAin,

C,

N.

B. BOBRtlss, Prest.

A. K.

Walkhi,

Cashier

First National Bank,
WII.3UNGTON, N. C.
made on aU pvta of the United States.

HERCHAXTS' N.VTIONAL BANK,
HI<:HinONI>, VIROIMA.
made on all Southern points on best
prompt returns.

('oUeotlons
erisa;

JOUN

P.

BRANCH,

oH»r. OLIXN.Cash. racD.

made In

AM)

CI

.'^hclbyand adJutnlng-Coantles

ESTABLISHED

HICH.no.N'D,

VIKGIMA.

Tlnrinla Bonds funded under the Fundlnii Act
Mssed by the last LeKislsture.for M per cent commlsaon. New North Carolina
percent bonds, secured
It Uan on the State's stock la the North Carolina
laUioad. for sale.

Coi-RTNkY. Pres. Kknkst

BAKK OF

II.

CU.\RI.ESTON,

J

CHARLESTON, S. C.
BFKCIAL ATTINTION OIVKN to CULI.ICT10Mfl,

FIDELITY & CASUAI.TYC;0.,
NEW

No. 179 BROADWAY.
YORK.
Officials of Bankn, Railroiids and Express Companies. MunuKers. Secretaries, and Clerks of Public Companles, Institutions and Commercial tirma, can obtain

from

this

Companr

at
this

,

(OF LONDON, ENGLAND),
Bi^Ki Bhos. a

WaU

Co.,

The bonds of
ooorts of the State of

rompanr are accepted by

New

York.

OASVALTV DEPARTJIENT.
Policies Issued against accidents causing death or
totally disabling Injuries.

Fall Information as to details, rates, &c., can be
obtained at head office, or of Company's Agents.

Wm. M.

John M. ckanc, Seo'y.
DIUKLTOKS:
Darld Dows.
W. G. Low,

KicHAKiiB. Prest.

Kob't

J.

Geo. T. Hope,
O.O. Williams,

Hii.LAS, Ass't Secretary.

J.8.T. Stranaban,

A.S.Barnes.
U. A. Hurlbat,

A. B, Hall,

J.

Qeo.

g.

D

Charles Dennis,
Alex. Mitchell,

Termtlye,

8. B.Chittenden
Wro. M. Richards.

Ooe.

FJonds of SiivetysliipA'O OTIIEU

HUSIXESS.

The Guarantee

Co.

OF NORTH AMKBICA.
Cash Capital
OashAssets

(SOO.OOO
400,000

Deposit with Insurance Department
214,000
President:
Vloe-Presldent
BIB. Alkz. T. Oalt.
Hon. Jas. Fikkub.

Managing Director:

No. ITS

Bdwabd Rawunob.
OFFICE:

BROADWAY.

D. J. TOMPKINS, Seeretary.
N«w York DiRkc-roiis.—Joseph W. Drexel. a. L
Hopkins. U. Victor Nowcomb, John Paton, Daniel
Vormnce. Edw. F. Wlnslow. Erastus Wlman.

D. a. FONEg,
President,

gompauteg.

8TATK BANK.

I

j

Incorporated 18T5.

(

German Bank,
....

$260,000

Prompt attention glren to all business In our line.
N. y. CoimESPOMiENTS.-t>onnoll. Lawson A Co,
did the Metropolitan NaUooal Uank.

Takes charKO of property; collects and remits Inand income promptly, and discharges faith-

known to the law.
Alt trust assets kept separate from those of the

fully the duties of every trust

Company.

per

&

JA8. LONG.

NEW

TORK.

Safes to rent

rram (10 to (300 per

HIKSTKU CLVMKR. V.-Pres't,
Treasurer & Secretary.
PATTERSON. Trust Officer.

DiUKCTOKS.— James Ix>ng. Alfred 8. Glltett, Allison
White, (has. P. Turner, M. D.. William S. Price, John
T. Monroe, Jos. I. Keefe. Thos. U. Patton.W. J.
Nead, Jas. 8. Martin, D. Uayea Agnew, M. D.,
U. 11. Iltmston. John (i. Heading, Theodor C.
Engel, Jacob Naylor .Samuel Kiddle. Robert Pat.
terson. Philadkli-uia; George W. Reily, M. D.,

Hakuisburg; J.Simpson

Africa,

imPOBTANT
Larsre Corporations or

Companies

OFFICES TO LET.
Owlntc to chaniie In tenants, an opportunity Is
afforded to obtain, on lung leaae and favorable terms,
the entire suite of line omeea, oomprtslng the whole
lower Hoor of the

S9IITII BI IL»l\Ci,
13, 15 and 17 Cortlandl Street.
Immetilate possesiion

U

flwlrrl

HfNTiNonoN

Hiei-terClymer. Henry S.Eckert.RKADiNcj; Kdmuna
S. Dutv, MiFri.lNTOWN
R. E. Monaghan. Wkst
CUESTiiiR W. W. U. Uavls. DOYlsXSTOWM Cbas. W.
Cooper. Al le ntown'.
;

;

;

The Brooklyn Trust Co.
Cor. of

Montague & Clinton

Brooklm. N. T.

sts.

This Company Is authorized by special clurter to
act as receiver, trustee, guardian, executor or administrator.
It can act as agent In the sale or management of
real estate, collect interest ur dividends, receive
r^stry and transfer books, or make purchase and
ale of (loremment and other securities.
Religious and charitable Institutions, and perwm*
nnaccu.stomed tu the transaction of boslneu, win
Hnd this Company a safe and convenient depoeltorr
for money,
KUMUX1> W. CORLIES, Vlce-Preet,

TRUSTEES:

John

P. Rolfe,
Josiuh O. Low, ICenry K.Sheldon,
B. F. Knowlton. Alex. McCue.
John T. Martin.
II. ?:. Plerrepont, A. A. Low,
Edm'd W. Corllee
Alex. M. White, Mich'l Chaoncey, Fred. CrumweU,
Henry Sanger,
C. D. Wood,
Wm. U. Male.
Bipley Ropes.
WM. U. MALE. S«or«taI7.
Jas. R. Curran. Assistant Secretary.

Metropolitan Trust Co.,
PAID VP CAPITAL,

New

York.

91,000,000.

Designated as a legal Uepoaltory by order of Sopreme Court. Receive deposits of money on iDtareet.
act as llacal or transfer agent, or trustee for oorpova.
tlons and accept and ezecnte any lesal tnuta froa
persons or corporatlens on as farorable terms aa
other simlliir companies.

Tllo.MAM HlLLUOfSE, Preslden..

WALTER

J.

I>.

TAPPKN. Vlce-l>resldan«

BRITTLN.

^uttiou

Secretary.

iiales.

year.

ptisjcjellatijejoits.

To

In their

Pres'fc.
8. flTOKBS.

KKEDKRIC

348 Broadway,

annum.

and Burslar-Proof VaulU,

protected by Improved time locks.
Wills kept in vaults without charge.
Bonds and Stocks. I'tate and all valuables securttly
kept, under guarantee, at luoderate charges.
Car trusts and other approved securities for sale.
Money received on deposit at interest.

RecelTesforsafe-kceplna, UNDBR GUARANTKB,
Bonds,De«d8,Wllls and other yaluable papers: Sllrerwars, jewelry. Paintings, Silk Goods, Old Boslnesi
Aoconnts, &c

WaLKBB

C. T.
Cashier.

LITTLE ROCK, ARKANSAS.
napital (Pald'ln)

346

Cor. of Leonard Street.

-DAiiAsTriXAS.

j

appointee.

Mills Building, 35 Wall St.,

tienerul Uanacer.

Street.

Co.,

CHESTNUT STKKKT,

terest

D. K.

MASmATTAS

Pransaot a general Financial and Agency Business In
the State of Texas and Kurope.
<ew Tork Correspondents:
C. B. WBLLKSLET,

613

Authorized Capital
»1,000.000
Paid-up Capital
500,000
Charter Perpetual.
Acts as Executor, Administrator. Assignee, 'He*
celver. Guardian, Attorney, Agent, Trustee and Committoe. alune or In coonectloa with an IndiTldiial

MAULON

moderate oharKes.

Safe Deposit & Storage Co

OOitl'AXT LIMITED,

AND

611

$^

THE
Mortgage

I

I

The Union Trust

Fire

mftjestevu ^nnhtvs.

&

UENRV

BurRlar-Proof Safes and Boxes (having chrom«

jiafg ggyostt

Texas Land

Wm

steel doorftj tu rent at $5 to
new and elegant chrome steel.

PiiixoLa, Cash

NATiuKAL Banking Association

John ll.Khoades

PUILADKLPHIA.

306 OLIVE STREET, ST. LOUIS,
Dealers In IVestern Securities.

NEW YORK
n. C.

B.Chittenden.

|8.

Phelps,

Charles E. BUI.
I). Willis Jamea,
Anson P. stokes,
Wilson U. Hunt, John J. Astor,
'Robt. U. Mlntum
II. Macy,
John A. Stewart, t.'eo. II. Warren,
John J. Cisco,
S.M. Buckingham tJeorge Bliss,
Clinton Cllbert, 11. K. Ijiwrence, {William Llbbey.
Daniel D. Lord, Isaac N. Phelps, John C. Brows,
Oeortte T. A dee, Erustas Corning, Edward Cooper,
Sloan
Samuel k^ioaii,
L. THORNELL, 8ecret_
tarr.
LOUIS G, HAMPTON, Assistant
nt Mbtetary

1871.

Defanlted Bonds of Missouri Kansas and Illinois a
Specialty. Good Inrestment Securities, paying from
i>i to 10 per cent, for sale.
Reff
__jference8 In New York, by pennlssion, Clark
Dodxe & Co.. 51 Wall St.; Uatcb h Foote, 12 Wall St.
Keferenoes In St. Lonls. Banks ffenerally.

CO.,

I

TRVHTBES:
Dan. H. Arnold, [James Low,

Thomas 8l(«»rab.W. W.

IndlnnHnolts.

KEL.EI1ER & CO.,

e. F.

MERCHANTS-

i.MMIS-ilON

Kxeootors, administrators, ur traatees of estate*,

and females unaccustomed to the transaction of bnstness, as well as religious and benerolont Institutions,
win And this company a convenient doposlt'iry foe
money.
JOII.N A. STEWART. President.

.

Bank

Harrtson'a

President.

K. SCOTT. VIoe-Pras't

THOHAS BRAXCn &
!.VNKEK9

Collections

and Proceeds remitted on Day of Paymont.
RBFKHBNCIW-NK'liinal Bank of Comnierco,New
Tork. Union National Bank, Cincinnati. Third
National Rank.
Louts. Traders' Bunk, ChloaffO,

BONDS OF SURETYSHIP

^itb ample means, and facilities excelled by no
k In the State, Inrltes correspondence and pays
pedal attention to collections.

leotlons

!4,

BBNJ. A. BOTTS.Pree't

Preatdent.

I.

(Kstabllshed 1869,)

SANKERM AND BROKER

Weanu.

WlERMB.Caihler.

B. K.

TIIORXTO.M

8HELBYVILLE, ILLINOIS.

raOBILE, ALABAIdA.

Houston,

F.

INTEREST ALLOWHD ON DEPOSITS,

which may be made at any time, and withdrawn after
aye days' notice, and will be entitled tu lutereat for
the whole time they may remain with the company.

'

;__

wm. W. Thornton. Cash
dc SOi\,

rHOB. M. Thoknton.

BANKKKS,

We

8haki' «. Cashier.

K.

This company Is a lesnl depoeltory for moneys paid
Into oonrt, and Is autnorlaed to act as guarotaner
reoelTer of estates.

WILLIAM II. MACY. Viae- President.
JAMES S. (XAKK. Second VIoe-Prwt

UNITED STATES DEPOSITOBT.
Capital,
$250,000
C. a. Bboaswatib, Prest. A. G. CIOAKI, V.>PTest.

^outUevu SauUcvs.
rhos. P. Miller

If

(2,000,000
8,518,08«

STOCKS

and

BONDS

At Auction.
The Undenlsned hold REGULAR
BAIfS of aU oUasMvt

AUCmQM

STOCKS AND BONDS
ON

WE0NESDAY8 AND 3ATL'RDAY8.

ADRIAN
Mo. 7

II.

MULLER & SON

FIHS BTK££T,

MSW

YOBJt.

!

1

!
I
!

THE CHRONICLE!
^ptcinX

^p6ciVLX Stttrjestmcttts.

No. 21

Itiwcstrnjewts.

NASSAU BTHEET,

CITY RAILWAY STOCKS

O^S

STOCItS,

TELECRAPH
Bank

Jiccordanco with t!ie provisions of the ah
I. tho undersiKnod, hereby give
ngt'lce t
the loIIowmK numbers, viz.:

In

bond.s.

ST.,

4,6U)
6.426
4,102
4,445
5,503
5.853
4.793
5.711
4,V51

AND

STOCKS,

OAS SECURITIES,

Stocks, Insurance Stocks.

Street Railroad

Car Trust Bonds.

AND ALL

4.-182

accrued on the bonds iilreudy redeemed, were t
day designated in my preaenee to be rcdeeio
toRother with the accrued Interest thereon, m p
Tided in said bonds, at the office of Messrs. Dre-

and Bonds

Stoclcs

S.54«
5.571
6,193
5,835
7.234
6,947
7,449
5,474
3,740

6,fi75
3.421
4 17ft l
3.547
fi.l78
R 4«0
3837 fl
5,713
6,235
6,664
3.847 4
5.054
6,403
4.269
flSl 4
5,260
4,693
6,724
STSBa a'
4,708
5.551
S.lf^
©Iws 6
7.406
5.3TO
4.791
3 647 6
4.089
7.179
5.883
6.672 5'
5.04H
5,123
4,549
belnjT one per cent of forty-one hundred and tli
bonds outstanding (Includi n those paid and hel(
the sinking fund) plus the interest that would bi

BROOKLYN.

OAS STOCKS

STOCKS,

CO.'S

piiEVEIiAND COLITITIBUS

CINCI
^NATI & INDIANAPOLIS H^ILWaTc?
PANY CONSOLIIJATK.D MOKTdAdK
BOND

ASH

inONTAGUE

308

gwijajcMs, U

%uXftxtstr

Geo. H. Prentiss & Co.,
No. 11 WALL. ST., NEW K^OKK,

BKALBR IN

TRUST

fVoL. XXXVIII.

Morgan &

KLN-DS 01

Co., in tlie Citv of

New

Yorii, orat

of Messrs. J. S. Morgan & Co., in London
on llie first day of June. 18S4, at which date Inter
on said above-designated bonda will cease.
Dated Marcli 7, IHKI.
office

MAKE A SPKCIALTT OF THESE VERY
BAFE SECURITIES, AND BUY AND SELL SAMB
AT MARKET PRICE.
WE OFFER A LIMITED AMOUNT OF DKSIR

BROOKLYBI SECURITIES

ABLE CAR TRUST ISSUES, ADDITIONALLY
SECURED BY THE DIRECT OBLIGATION OF
THB RAILllOAD EQUIPMENT COMPANY.
POST, MARTIBi &. CO.,
No. 34 PINE STREET.

BKE GAS QUOTATIONS IN THIS PAPER.

WJl

DEALT

[]..

Y. Stock Kxchsnire.

W. J. MoKi'HY, Prest.
GEO. B. LoviNU, See'y.

J. P. Smith,
J. D. Rekii,

)

)

s.]

Attest:

Walter

W. W. WALSH

Qio. H. Prbntiss,

Member N.

CHARLES KDWARI) TRACY. Surviving Trust
J. I'laitroNT MORGAN, of Drexel, Morgan &

IN.

vicp
T>rr.«'tq
is
^ 'ce-t-res

B.

Horx, Notary Public. Klnjrs Coun
Certificate filed in N. V. Ciiunty.

NOTK.— ?uch of the above-described bonds
have been stamped pursuant to the agreemeut
April 28, 18(*<i, will remain exempt from tho Blnki
fund pruvistOHS of t he mortgage and this notice.

GEORGE

H. RCH3ELL.

Secretary and Treasurer

Texas Investment Co.,
LIMITED,^
OF FORT worth" TEXAS,

(^FFICE OF THE BrBV'QV^ AN
A.lbert E. Hachfield,
^^SIOUX CITY flAU ROAD COMPANY. B2Wl
8 &: 10 PINE STREET.
LiAM Stueet, New Youk. March
1884.
DEALERS IX
KIXHS OF
NOTIC S.-A Semi-Aunual Dividend of TWO A.N
Bonds and Investment Securities LIVE STOCK. RANCH PROPERTIES, ONE
HALF
PER
CENT
has this day been
SECURITIES, &c.
W A. N T E n:
upon the stock of this company, payable on the 16
12.

AI-T.

deolar.

Rome Watertown & ORdeneburg lata and 3da.
Oswego & Rome Bonds.
A Northern Indiana Bonds.
Terro Haute & Indhinapolia Stuck.

Paid-np

&

Surplu8,$5O,O0O

;

Mexicjin (0<r]iss) Bunds.
Grand liupids &. ludiaua Bonds and Stock.

Reed

Capital,.'J100,000.

DiUErxoits.— A. M. Brltton, PrcsUlont City National Bank W. J. Roaz. I'resldent Traders' National Bunic ; J. 1'. Sm th, Mavor of Fort Worth, and
of thebanklnirflrm of TIdball, Van Zandt &Cc>. ;.I.

Jollet

D. Reed, Ranolinian. an<l Director -in First National
Bank; W. A. llnmnaii. dealer In AKricultunil Implements; Sidney Martin of Martin-Brown t'o..
Wholesale Dry Goods W. J. Morpiiy, Cattle Dealer
George B. LovIok, Manager Loving Publishinjj-Co.;
J. y. Evans, Itanchman and Cattle Dealer.

Flagg,

;

;

No. 53 WIIjI.Iil.in ST R.B E T,
BROKERS AXD DEALERS

Investors,

Attention

$300 to $20,000.
ScTCn Per Cent Senii-Annnal Inter-

AND OTHER

est net to Investors.

IirrESTMEIHT SECURITIES.

&

Francis Smith

SECURITY ABSOLUTE.

KANSAS

T. B.

SWEET,

THE WESTERBT

Farm Mortgage

WARNS.

No

JAOKSONYILLE,

Anditor

In

Sams

of $100 and Upwiirds on In-

diana and Oliio Lands.
NOTHING SAFER. ALWAY^S PROMPTLY PAID
SEND FOR PAMPHLET.
JOS. A. MOORE,
84 East Market St., Indianapolis, Ind.

State. Mnnlclpal and liallway tioids and Conponi
at best market rates. Investors ol
dealers wishing to Duy or sell are Invited to communl.
catu "With UB.

Ezchanee.

E.

TO HOLDERS OF DEFAI7I.TED

S.
1

BONDS.

Bailey,

PINE STREET.
DEALINGS IN

INSURAItfCE STOCKS

The undcraipned Invites correspondence with
holders of all WIvSTKK.N DEKAIII.TICI) OR KEPUDIATEl) HON DM of Cities, Counties, Townships

A SPECIALTY.

or School I>lstricts. Will purcliase at best rates.
Give f nil description and address
{

67.

stock of this Company, from the net earnlnMOf tl
three months ending lUst instant, payable^ tl
office of the Treasurer, on and after the iBtu
April next, to shareholders of record on th« 29t

day of March instant.
The transfer books will be closed In New York ar
London at 3 o'clock on the afternoon of
20th Inst., and be re-opened on the morning of thci
of April next.
K. H. IIOCUESTEB. TreasuW-

^n

in

NOTICE.
Notice ia hereby given that the American Excittnfi
National Bank of New York has been deHated tt
financial Agent of the City of St. Paul, and s
holders of bonds or coupons of the City nf St.Pai
are hereby requested to present such coupons t
bonds at the American Exchange National Bank it

TIIOS. A.
January 10, 1834.

(Signed)

.

PRENDEIKJAST,

.

City Clerk.
St. Paul, Minoesol

^iuattjcial.

CaJih paid at
will he sold OD

Pittsburg Fort

Wayne &

Chicago Railway Co.
PKOPOSEl)

NEW BOND

once for the above securities ; or they
,-.
commission at seller's option.

ISSUE.

Circulars explaining siuna can now ho had at
offices of either

tlit

WINSLOW, LANIER &

MEYKR,

UO., 26 NassanSt.
2 Nassau St.. or
19 & 21 Na.«sau Stre«t.

Tnsk.

Gf. P. Pi<Mf'

GEO. W. €ASS,
L. II.

ILL.

Farm Mortgages

booght and sold

Joseph, Bio.

HAHT.

Central Illinois Financial Agencr,

A SPECIALTY.

St.

N. F.

Risk; T'' Solid 10 Per Ct.

For Circular Address the

Manning,

CBEir, JR.,

No.

.

CAN HANDLE SUMS LARGE OR SMALL.
Solid as Englisli Consols or U. S. Bonds

6 Trail Street, New York Cltr
SOUTUEUIV SECURITIES

T. J.

Send for circular, references
M. PERKINS, President; J T.
L. U. PERKINS, Secretary.

RAPID ACCUMULATION.

SOLD.

New York Btocs

*'.

CHA8. W. GILLETT. T reaa.

.

BANKKE AND BROKER.

the

Co.,

tosses.

Vice-Pre<it.;

See quotaUons of City Rallroada in this paper.

Member of

No

and sample forms.

NEW YORK
CITY RAILROAD STOCKS & BONDS

No.

DIVIDEND

Tho Board of Directors have declared ftdlTlder
of One and Three-fourths per cent upontheOM>lt

MORTGAGE LOANS

experience.

H. L. Grant,
No. 145 BBOADIVAY,

John

WM. WAGNER. SeeraUry.

UNION TEL.EGRAPI
WESTERN
ISM.
COMPANY. NEW York; March

payment whenever due.

market
UI'ON IMPROVED
and principal paid on day of maFARMS.
turity In New York. Funds promptly placed. Large

NEUr STREET,

B.

1884.

Interest

Gas Stocks, Sec,

BOUGHT AND

8,

^_________

Offers to Investors the best securities In the

FIRST

,

before the meeting.
The transfer books of the company will close'
the I8th day of March. Inst., and remain cloe*
until three days after the final adjournment of tl
meeting.

LAWRENCE, KANSAS,

Bonds

YORK.

at high rates

circular.

Beers, Jr.,

the company, at Denvpr, Colorado, on Mo
day, the seventh day of April, ]8K4,at twelve o'clo<
noon, for the olectifjn of three Trustees, and^Qf H
transaction of such other business as nutf cob

Sec.

of interest. It has negotiated over $(>,000.006
of these loans for Savings Banks, Insurance Companies, Estates and private parties East. Send for

3« PINE STREKT. N. T.

NEW

GEO. M. NOBLE,

Pres.

CHOICE FIRST MORTGAGE LOANS

published Mondays.

1

,

Is the oldest and larsest Institution In Kansas,
fflTinir exclusive attention to the Negotiating of

P. \YINTRIKCiHA9I,

No.

CITY.

ANNUAL MEETING OP TH

THE
Stockholders of the DENVKR & RIO GEAMt
RAILWAY COMPANY will be heldat the prlnclp

12,

TOPEKA, KAN.

•

Securities, City

loan.

THE
Kansas Loan & Trust Co.

FOR SALE:

Brooklyn

worth

I.,

GAS, INSURANCE, BANK, CITY RAILBOAD
AND TRUST CO. STOCKS.

N. T.

Mi?*sourl,

nORGAN, General Agent,
NO. 3 CUSTOM HOUSE ST., PROVIDENCE, R.
JARVIS, CONKLIN Sc CO., Brokers,

Wbit« fob Cirjtub.

J.

Kansas and

H. P.

BROKERS
IN
BIORTOAOE LOANS.

list

In

from three to five times the amount of the
For particulars and references address

Indianapolis, Ind., Ticksbnrg, Miss.
And 31 Ponltrr, I.oudou.

Bend for

and Kood farms

City,

holders of record at the closing of the books.
Tho transfer books will be closed on the 31»t in?
and re-opened on the 17th day of April next.
G. H. CANDEB, Treaaurer

Dated March

First mortRagc on improved property In Kansas

Co.,

<

office of

IN

RAIEAVAY BO]»DS

day of April next nt the omco of Messrs. J«su
Paton ii Co., No. 52 \Villiam St.. New York,tottoc

;^>tn(tr

&

Spencer Trask
Bankers^
70 Broadway,

New York

Co.,

City.

Transact a General Banking Busineu
Branch Offices.
C»HHt<ttd by privait

vitrei.

PhtlAdm-phia, 132 S. Third St., C. F, Fti
Albany, N. Y., 65 State St.. H^. A. Gravm
Providence, R. I., 13 Westminster St
Saratoga. N. V. Grand Uni»n Hot«L

tetitae
HUNT'S MERCHANTS* MAGAZINE,
'representing the industrial

VOL.

and commercial interests op the united states

SATURDAY, MARCH

38.

CONTENTS.

1884

15,

NO.

977.

action was evidently hastened by the lower open
market
rate in London observable immediately after the
THE CHRONICLE.
rtasFinanolnlBitnatlon
311 Silver Coinage and the Clinmsupply of bullion from America was assured. All busi310
What Miikfs IiiUTosl Low
bcrof Commerce
314
and Commercial
Mcxtrixn ItiUro.i.u .md the
Monet nry
ness is so depressed in Great Britain that there is a very
320
r..',
English News
314
Aii-i'
demand for money for commercial purposes so as
Miscollaneoug
slack
316 t;oinmerc'ial and

The

.

I

.

.

.

;

;

iiuil

News

iiruary,

liiiil-'

fiuiu JiiM.

I

tu Kel). 20.,

322

310

THK BANKERS' OAZETTE.
Money Uarkct,

Foreign Exoliuigc U.S.Sroiiritleii, State
and Railroad Bonds and
Stwkii
324
Range In Prices at the N. Y.
8to«k Exohonce
325

Qitotntionsof

New York

StOpksandB
Bonds

protect

the

Bank reserve

is

Eisier

falls.

32(5

Kallroud Earnings and Bank

328

Retnrns

to

removed, the open market rate necessarily
327

Local Securitle

soon as the pressure

money in London is important to us because it checks the
demand for further transfers of capital, sent abroad to be

lurcstmeuts, and Htate. City
and Corporation Finances. .. 320

employed at better rates than those ruling in this country.
But while London is still relatively higher than New York
339
Csmmetvtal Eidtome
333 Breadstuffs
340 we cannot expect any return of the capital that has already
Ootton
333 l»ry Goods
gone, but simply a cessation, which'may be only temporary,
in the demand.
The transfer of capital to which we allude was in no
is
pubUthed
in
Trv Comxbkcial and Fikahciai. Chbonicls
JVeia York every Satwrday morning.
As we have often stated of
sense a trade movement.
I

THE COMMERCIAL

TIMES.

1

I

Entered at the Post Office. Mew York, N. Y., as seoondKilaee mall matter.]

late,

TERMS OF SUBSCRIPTION-PAYABLE

IN

ADVANCE:

$10 20
For One Y>'Hr (including postage)
For Six -Months
do
6 10
£2 7s.
Annual BuUscription in London (inoluding postage)
£1 8s.
Blxnios.
do
do
do
These prices include the Investors' Supplement, issaed every other
month, and furnished without extra charge to subscribers of the
ClIHuMi K.
> :!wr ipilnnswlll be continaed nntil ordered stopped by a terirten
order, .r it the piMication office. The publishers cannot be responsible
for remittances unless made by Drafts or Fost-Offlce Money Orders.
liirerpool OiHre.
!

the Ciironici.k In Liverpool is at B ISExohange BulldInt's, \>h're subscriptions and advertisements will be taken at the
itcR. and slnitle copies of tbe paper supplied at Is. each.
regul.u
A neat lUe. cover Is furnished at .iO cents; postage on the same is 18
cents. Volumes bound for subscribers at !jil 00.

The

office of
I

.- n
WILLIAM

1
a.

,>.«.

JJ„^i.
rvaxo.

ing with the

YORK.

at the present

moment be

in

debt

to

the

For the seven months endFebruary there was a merchandise

first

of

balance in our favor, less the net specie imports, of 74

and for the last two months ending with
day the net balance in our favor on the merchandise
and specie movement was about 43 million dollars. This
is the position in which the accounts stood February I.
Whatever may have been our export trade since, it is
million dollars,
that

evident, with the decreased imports

PublUhera, we

IW^II'HA'W B. D.iN.A & Co.,
79 & 81 William Street, NKW
>
p^,^ Ofkice Box 958.
J

we cannot

outside world in any amount.

are not as

now

in progress, that

yet in debt on current transactions.

possibly the next few

months the conditions

will

Very
change.

and for the reason that interest rates are
no surprise if the
London,
it can cause
THE FINANCIAL SITUATION.
urgent to keep
continues
sufficiently
demand
sterling
for
past
week
improvement
the
decided
There has been a
gold-exporting
point,
the
exchange
close
to
the
rates
for
This
is
markets.
all
our
feeling
pervading
in the general
Importers
who
have
gold
shipped.
and
more
or
less
be
exchange
(due
to
foreign
turn
in
of
the
mainly
result
the
easier rates for money in London) by which gold exports refrained from remitting while exchange has been high,
have been checked and the anxiety with regard to the will naturally purchase as soon as there is a moderate
Acting in the same direc- decline, and this demand, together with that from banksilver question been relieved.
tion, is the battle of General Graham in Egypt, ending ers, will, it is likely, fully absorb the supply of commerwith the

total defeat of

Osman Digna,

as this success indi-

cates a speedier settlement of that difficulty than

was

antic-

For

this reason,

still

in favor of

'

cial bills.

There

is

no reason

to expect for the present

any con-

ipated and a less drain of gold on that account than was siderable amount of bankers' drajTts against outgoing
further quieting influence has been the course securities, and the offerings of sugh bills will be confined
feared.

A

of our stock market, which, though

artificially sustained,

to the settlement of arbitrage accounts

which are rarely

from that feeling of insecurity which very large. The shipments of gold this week have been
the constant successful attacks on prices had made so only $150,000 bars, on Wednesday, by Messrs. August
Belmont & Co. and $30,000 gold coin to South America on
prominent a feature in the general situation.
The event of most importance has been the reduction Thursday. The rates for sight exchange and cables fell on
by the Bank of England of the minimum rate of discount the last-named day to a fraction below the point at which
aflTords a certain rest

to 3 per cent from 3J at which it has stood since February gold could be sent to London at a profit, and, unless an
In this interval the Bank has gained about £2,I50,. increased demand should arise to remit by Saturday's
6th.

000 bullion and nearly £1,000,000 more is now in transit steamer, it is believed that the supply of bills will be suffrom America, so that the supply at hand and to arrive fully ficient to meet the inquiry. Although this interruption
justified the governors of the Bank in reducing the rate. to gold exports has allayed the excitement regarding the

*

THE eHRONICLE.

n^i
silver question, this fact should not induce

in

any relaxation

the efforts to urge Congress to legislate promptly and

effectively in relation to the coinage of
for,

coins

these

if

are suffered to

the silver

dollar,

accumulate in the

it

ITou xxxvin..

has been argued that another cause of dispute

to arise

is

sure-

between the Quincy and the Northwestern Asso

We

elation.

fancy

builds that road,

if

the

its life

will

pool lasts until the Quiqcy

be without end.

The differences which the trunk-line managers met on
Treasury, the Department will sooner or later be forced to
adopt measures to get them into circulation, and the most Thursday to consider arose out of a pretty general demoralization among the contracting parties. The latest
natural channel will be through the New York banks.
to be artificial in its move- offense was an alleged cut by the New York Central in
That is to say, there is no apparent investment retaliation for a violation of the schedule by the Erie and
demand, nor are speculators showing any disposition to the Baltimore & Ohio roads. All the representatives were

The stock market continues

ments.

make purchases

at current prices.

On

the other hand, the

present at the meeting, not only of the

trunk

lines,

but

have obviously, during the of their Western connections, and the proceedings fully
frequent raids that have been made upon them, been very reported would be very interesting.
The remarks of Mr.
largely oversold.
So that while the present conditiotf is Roberts of the Pennsylvania, in his annual report, to which
called artificial, the relation now existing between the two we referred last week, caused quite an unsettled feeling,
better class

of

properties

parties operating in

the

market, shows that the extreme

low prices which ruled were no less artificial, not having
been brought about by the marketing of stocks, nor even
having produced free selling on the part of actual holders.

The

feature

to

pinch the

led

likely

reached in putting
in order that

no

all

the

to

in securing business,

down

results

to the cut

rate,

have any advantage over another

line could

lish pools at interior

But the

meeting.

rates affected

and

also the determination to estab-

competitive points, show a strong

dis-

any actual rupture.
In another column we review at some length the earn,
dividend on the afternoon of that day. The clique
manipulating the stock were able to enforce a premium of ings of the railroads for the month of February, and give
only f of 1 per cent for cash stock and before the close of the the reasons why the comparison has proved more favorable
day the supply became liberal and the whole market was than expected. As we have said before, however, in
more or less unfavorably affected by the decline which March and the subsequent months we will have to compare
resulted and by the announcement that a meeting of the with exceptionally heavy earnings a year ago, and a contrunk line presidents had been called for Thursday to tinuance of the gains heretofore reported therefore becomes
consider an important cut in east-bound grain rates.
On out of the question. This remark applies particularly to
Tuesday the speculation was very tame until in the after- the roads of the Northwest, which during March, 1883,
noon when it became more active on a report that New carried the accumulations of previous months, when traffic
York Central would be cornered before the end of the had been interrupted by snow and ice. The returns now
week. On Wednesday there were indications that the bears coming to hand for the first week of March clearly show
were covering some of their short contracts and before the the distinction that must be made in this respect. Thus
shorts in

•

on Monday was a move

and very

close

Union

Pacific, the

not only did cafh

books closing for the quarterly

position to prevent

New York

the St. Paul reports a decrease for that period of $55,000,

Central

command

a small premium but the stock advanced, carrying with
the other Vanderbilt specialties and

also

it

the grangers.

the Northwest a

decrease of

decrease of $46,000, and the Omaha

$9,000.

And

exhibits of

a

this character for

New these roads must be expected for some time to come, for
premium was forced upward to ^ the earnings last year kept increasing with each succeeding
supply of stock became abundant, week, and there was one week the fourth when both

Early on Thursday further pressure was applied to

York
of

1

Central and

the

per cent, but the

—

—

and the Northwest earned over $700,000
whole list fell off to the lowest figures of the day.
On each. It seems hardly likely that any such totals will be
Friday, however, notwithstanding the reduction of 10 cents reached this year, in view of the less favorable traffic con.
per hundred pounds in east-bound freights from Chi- ditions that exist.
cago, the market manifested great strength, and be
It is pertinent to remark here that with the multiplicafore the close showed a very decided advance on leading tion of unfavorable returns, there is an evident tendency
stocks.
on the part of railroad managers to withhold the figures.
The week's movements seem to indicate that holders of Such a policy we are inclined to think is a mistaken one.
stocks which
may be cornered are disposed to To give out the figures when they show an increase, and
sell or loan their properties whenever a special rise in then to suppress the monthly or weekly reports when
values occurs, and the supply of '"long" stock brought put there happens to be a decrease, does not inspire confidence
in this way has thus far proved suflBcient to relieve the in the public mind.
Such action is interpreted as a
bears without their being compelled to take much stock suppressio veri, which in law is considered about the same
Whenever the market loses the as an allegatio falsi. It is suggested, too, that if, when
from the cliques.
stimulating effect of manipulation, it lapses into dullness. making application for the listing of more stock or bonds,
There have been no new developments regarding the either in London or New York, the managers should
troubles in the Western pools. Perhaps we should mention plainly state that the earnings would be published when
that yesterday the announcement was again made of a good but withheld when bad, there might be some hesitarupture in the Colorado pool.
Whether this report will tion in granting the request made. As yet, the Gould
prove any more truthful than previous similar announce- system of roads is the only prominent one that has withments the event alone will show. One point seems held monthly reports, where formerly they were regularly
to
be evident, and that is that as yet the dif- furnished, but this criticism is also commended to the
ferences have
not
In this connec. consideration of others who may contemplate following in
been settled.
tion
the
It has been rumored that the Union
statement is published that the Chicago the same footsteps.
Burlington & Quincy has
to
build a Pacific was about to discontinue its monthly statements,
contracted
rpad from Minneapolis via St. Paul to the Wisconsin but we decline to credit the rumor until we meet with a
State line, "which will give it a much more direct route positive refusal from the company's ofiScials, which has
" to St. Paul than is now open to it, and make it inde- not yet happened.
The Boston Transcript aptly remarks
the price

gradually declined and in the late trade the

the St. Paul

.

^'pendent of the Rock Island."

Frpm,

this assumption,

that

the

Union

Pacific

could

afford

to lose

a million

Minni

(Mlm

net,

but could not kflord to conceal

the monthly

report*.

Louit

Si.

<t

bu

San Franeiseo

pblet report of

m

THE OHRONICLE.

t0M.|

Ih,

this

The following shows relative pricea in London and
York of leading leonritiea at the opening each day.

week iasued a pamMtK

operations for the late calendar year.

ita

This road attracts attention by reason of the steady growth
of its earnings and because of the increased mileage tribuIn

tary to the company's system.

latter respect the

this

MeK

10.

property has been improved by building

into the Indian Territory to secure a share of the live stock

iMum

K.T.
ISSN
ItSM

yr4cM.«

I98M

l«fl-7»

issh; iMiio

DA4MI- iirso USX
«4'81
S4M
rt*

113-06

nsH luso

S4-T9

S4M
•HH

M-SO

ISnH

ISi-M

•deoo. PS-TV
m.ctot.' ISO-SB

mi
ISt-OB

D8-S0

iss-m
ii»as
»tT7

UH
MM

mem.

wriem.-

wnmt.

lS9-«*t

USN

IWM

iiaiB
nasi

>4N
«8

MM
«K
«

ISO-M

tst

nrio
wen
R. r. c' iiflss 117
WS4» vm
which that section of the country is noted, and, BMdIw' ?8-S»t BSH 18-M4 M
10-81
10
OnUWo, lO-ftS lOK
iom!
besides, the completion during 18S.3 of the Atlantic & 8t.Paiil.l 91 -89
sras
aoH M-M MM
S4-W MM
Pacific road to the Colorado River (in which road, as is Cu-Pao.; M'M MM B«-a7
known, the St. Louis & San Francisco has a half interest) leh'ga.l
««!
4-91
wblM.
«'8I
has opened a new and direct through route to the Pscific
'Bxpreaaed In tbolrMew Tork eqnlralent.
t BaadlaK on Imala of •SO, par valae.
coast, from which the St. Louis k San Francisco can net
Ex -Interest.
for

traffic,

X*.

N.r. iMtdfn m.r.

prMM.n.B.4a,e.

Mek.

tick. IS.

Visa. I*.

II.

w.r.

Lcnd-n tr.r.

I

position of the

If few

iie-is»

I

IIS-TB

139

ttrVit

SS-184
10-48

tow

10-80

81-47

81M

81-47

54-60

MM

•

B4'*0

4-SCM

I

118N

sm

...*..

•ow
•«<

joat.

t

derive important benefits.

to

fail

now

that the road
1

)^84)

a line of

It

has (dating from

own

its

into

St.

to be noted, tro,

is

the 1st

Louis, and

oompelled to rely upon the Missouri Pacific

of

Janua-

y,

Money
is

very

continues in abundant supply on

little

demand

for time loans.

call,

There

and there

is

a similar

no longer plethora of funds at interior points, notably at Chicago^
for accommo- but bankers there are disposed to deal very cautiously
is

"When, some years ago, the >San with their customers, reifusing discounts to all except firstFrancisco was purchased, apparently in the joint interest class borrowers. At Louisville, the practical failure of
of the Qould and Huntington people, it was supposed the the whiskey extension bill tended to increase the demand
dations in that particular.

extension into St. Louis would

be abandoned, but suVse.

qnent events have proved that the Gould

interest,

though

having a very strong representation on the Board of
Directors, does not control the policy of

the road

—so

the

extension has been built.

As
ore

yield

The road

industry,

of corn

suffered a diminution of

its

all

better inquiry for

points toward the close of the month,

made for the usual April settleThe following statement, made up from returns
collected by us, exhibits the week's receipts and shipments
of gold and currency by the N'ew York banks.
preparations will be

but the excellent and unprecedented
drains, together with the increase of

from the Indian Territory, and the
the passenger movement, more than overcame the

the live stock
gain in

expected at

when

N.T. Bon*..

Kansas, the southeastern end of which

in

San Francisco

the

is

employment
money

at least giving

little

Missouri on account of the depressed state of

traffic in

the iron

A

to all the spare funds.

ments.

to the operations for the year 1883, the results are

qnife satisfactory.

upon the banks, temporarily

traffic

N.r.Banla.

»847.000

iMsa. ISA7,000
4SS.000
iMta.

1914.000

QoM

4M.000

Total gold and lagal tenders

$647,000

IfetlnUrior
Jiovmnent.

Loss.

Sl.340.000

I683.000

The above shows the actual changes in the bank holdon that account, so we find that the earnings increased
ings of gold and currency caused by this movement to
$324,324 (or 9 per cent) during the year, the total reachand from the interior. In addition to that movement, the
ng $3,896,565. Of course, expenses also increased
banks have lost $4,500,000 through the operations of
$150,035), and there was, moreover, a larger charge (in
Adding that
the Sub-Treasury and by exports of gold.
he sum of $47,311) for improvements, leaving the gain
item therefore to the
we have the following,
loss

above,

lin
I

net earnings

and raising the same from

$126^978,

which should indicate the total loss to the New York
$1,946,458 in 1882 to $2,073,436 in 1883.
It will be
Clearing House banks of gold and currency for the week
observed that the road is operated very cheaply the
covered by the bank statement to be issued to-day.
ratio of expenses to earnings being no more than 46-79
per cent, even after counting in improvements.
The
IntoBmJa. Out of BatHa trteottaniie tn
Week EnUnt jfch. 14. 1S84.
BtmkBMIttgi.
charge for interest and sinking funds during the year was
Loss. ie8S.00t
Banks' Interior MoTement, as above
1647,000
11.346.000
ix>8s. 4jsao,aoo
$1,303,579, besides which $26,484 net was paid on account Sob-Treasury operations, net
4 .800.000
I.«ss.l 5, 183.000
Total ffold and leital tenders
t5;R40.000
W7.000
of various other items, which left a balance of $743,373
on the year's operations, independent of the receipts
The Bank of England reports an increase of £883,000
on account of land sales amounting to $645,844 gross, bullion during the week. This represents £716,000 from
Out of the $743,373 from the operation^ of the road, the abroad and £167,000 from the interior. Of the above
company paid, as in the two years preceding, 7 per cent amount from abroad at least £300,000 probably came
(lividends on its Ist preferred stock (the first in the order from New York.
The Bank of France gained 1,300,000

—

I

I

I

I

calling for $315,000, after francs gold and lost 1,100,000 fr&ncs silver, and the Bank
remained a surplus of $428,373 to be of Germany shows a decrease of 3,207,000 marks specie.
-arried forward.
This surplus is equivalent to over 4^ The following indicates the ai&ount of bullion in the prinp«r cent on the 10 millions of preferred stock (which cipal European banks this week and at the corresponding
comes next in the order of priority after the Ist preferred) date last year.

of

priority)

of $4,500,000,

•vhich there

still

The company did not during the year expe-

;

outstanding.

j

rience the full measure of results from the extension

'

the

Indian Territory,

.Atlantic

&

Pacific,

Meh. 13, 1884.

nor from the completion of the

and the

St.

Uek. 15, 1883.

into

Louis piece has, as already

'flotd.

aumr.

OoU.

autr.

M

M

M

M

Banket England
Bank of Pranoe
Bank of Germanjr

23.632,913
22,688,301
39,786,378 39,988,987 39,747.600 42,776,357
7,757,162 23,271,438 7,958,750 23.876.250

of earnings

Total thin we«k
Total prevlonawMik

71.176.433 63.260,47.') 70.394,551 66,652.807
70.281.734 63,424.709 70.70-1.141 66.947.874

period in 1883 of $152,380.

The Assay Office paid $89,710 through the SubTrea«ury for domestic bullion, and the Asaistant Treasurer
received the following from the Custom House.

stated,

been

year.

For

in

operation only since the Ist of the current

this reason, quite

entertained for 1884, and

favorable expectations are

to our weekly table
on another page will show that for the ten
weeks of the year, to the end of the first week of March,
here has been again in earnings over the corresponding

reference

;

THE CHRONICLE.

314

Oomitting of—
Date.

Dutiei.

Bold.

Mar. 7..
"
8..
" 10..
" 11..
" 12..
"

$349,073
404,920
423,442
678,401
333,405
448,645

13..

47

$5,000
10,000
15,000
6,000
8,000
12,000

62
92
60
36
17

$2,639,839 14

Total..

V.S.

QoUl

Silver Oer-

Oerlif.

tiflcalet.

$56,000 $301,000 1,443,000

XXXVIBL

demand to cover the debts and credits which have
accumulated ? The railroads, factories and furnaces
are
lessen the

Notes.

$38,000 $207,003
45,000 21S,000
40,000 230,000
70,000 406,000
42.000 139,000
66,000 243.000

[Vol.

the mortgages, notes and other evidences of
debt
which were put out in constructing them still exist, and
in
these forms the accumulations of years are securely
locked.
At such a juncture, and while also our annual accumulations have largely diminished, and foreign capital
has been
$?39,0C0 withdrawn from us in unusual amounts, our loan market
remains at nearer a nominal figure than at any previous
all built,

$99,000
132,000
138,000
196,000
147,000
127,000

date in our existence as a nation.

WHAT MAKES INTEREST LOW.

It has not even been
millions of gold which

by the 10

in the least disturbed

two weeks or more it has been has been shipped from this port since the first of March,
and by foreign exchange bank- and if 10 millions more should go out before the first of
ers that a prominent reason at the present time for April, the rate of interest would scarcely mark the event,
"What an apt illustration all this affords of the unsciengold leaving us was that interest ruled lower here than
in London.
Any one can readily see the force of this tific nature of our monetary systemf and how forcibly it

Almost

daily

for

by the press

stated

it does not require a student of political
brings out the truth that paper currency is not capital—it
understand that if every other influence is simply an instrument in the garb of capital by which
affecting gold currents were removed, floating capital capital is transferred.
"When exchanges are rapid, we
would go where it could earn most. It will not (all other may use, although we do not need, a large volume of it
things being equal) stay in New York receiving ]| per but as they slacken, the same amount if kept out becomeB

suggestion, for

economy

to

cent or less when by paying the cost of transportation it
can secure 3^ per cent or more.
This being true, it follows that a rate for money at any
place lower than that ruling in other commercial centres
is not desirable unless it results from a superabundance of
capital.
Evidently no such excess of capital exists in the
present instance.

a very much

On

the contrary there

larger accumulation

is

in

Great Britain

of wealth

than in the

and consequently a much larger amount of
loanable funds seeking employment there.
The natural
relation of the two markets is for New York to rule above
liondon, capital being worth more here because there is less
of it, and wider opportunity for its use. But yet for nearly
two years now, call loans in New York have much of the
time been under the minimum rate of the Bank of Eng.
land, and during the past year even time loans have been
United

States,

very redundant.

redemption

In all mixed currency systems a plan of
provided to meet this evil, and were our

is

paper money thus made responsive to the wants of commerce, fluctuating in volume with the fluctuations in business activity,

it

we have 346
bank

national

would be but
millions of
notes,

little

As

disturbing.

and 110 million

it is

346 millions

legal tenders,

silver

of

certificates,

making altogether over 800 millions of paper money
(omitting some minor items), and none of it except the
bank notes su'Dject to even the semblance of redemption.
The legal tender or silver certificate may of course go
iato the Treasury to day, but to-morrow's
it

Like the

out again.

rest

—

it

must move

little

on.

vagrant

it

So we have

payments

force

has no place
at

of

present more

instead of less currency kept in active use, than there was

when our business depression began, the most of the silver
o-day some of our certificates having been put out since then.
put out at a materially lower figure.
Our banks
largest banks hold in cash more than one-half their deposits, are in truth at this moment stuffed full of the paper
unable to get anything for its use. This is wholly unnat- which we pay our domestic debts with, and were it not
'J

ural.

It

also

is

away from

us,

development

unwholesome, tending to drive capital for the distrust prevailing by reason of our

when a new country

all it

like ours needs for its

can get.

silver coinage

nothing could prevent another speculative flurry.
These suggestions are worth a thought at least.

"We

The question naturally comes back then, what is it that assume that it would be presumptuous to expect the evil
makes money so cheap here ? It is not that we have bad any to be cured at present it is not urgent enough. The
recent increase of capital, for the truth is we must presume bank note, the best paper currency we have, is the only
that there has been a very considerable decrease in our kind Congress has ever shown any disposition to withavailable supplies.
Europe has been sending back our draw. But it is none the less desirable to call attention
;

and the general estimate among those best to the lesson passing events are teaching, which is, that the
that our holdings of foreign capital were most expensive and disturbing paper money a country can
never so small. Furthermore the annual accumulations in use, is a forced currency like our legal tender notes.
this country have certainly decreased during late years.
MEXICAN RAILROADS
THE RECIVery poor crops in 1 88 l,and unremunerative prices for them
PROCITY TREATY.
much of the time since, with business and productive
enterprises in general profitless, or carried on at a loss, are
In the present depressed state of our industries, anynot evidences of increasing wealth.
Furthermore, our thing that holds out the prospect of a new market for
previous accumulations have been seriously trenched upon our surplus products, must receive cordial welcome. Tendby the unusually large conversion of floating capital into ing in that direction, the ratification this week by the
fixed capital during the last four years in building rail- United States Senate of the Reciprocity Treaty with
roads more rapidly than ever before, and multiplying Mexico is an important event, especially as it comes conspindles and furnaces and other manufacturing appliances. temporaneously with the announcement that the main
If these are facts
and we see no way of controverting line of the Mexican Central Railroad has been completed
them ought not our loan market being thus depleted be all the way to the City of Mexico. Thus the chance for
stringent ?
The mere circumstance that we have stopped freer intercourse is presented at the opportune moment
securities,

informed

is

AND

—

—

building railroads, or stopped enlarging our factories,give3

when

us no new

neighbor

less

capital.

demand on

erroneous

?

but how does

It

may be

the old supply.

It stops the
it

claimed that

But

is

it

calls for a

not such a view

conversion which was in progress,

release anything that has been converted, or

a

new channel
is

of

communication with our near
means of

providing an excellent

opened,

carrying the provisions of the treaty into practical

Under
cans

this treaty

with

all

we

those

effect.

are permitted to supply the Meximaterials

which

it

may

be sup-

!

—
March
posed

1.',

ihiy

volopiog

can

pretenl moit

at

natural

their

furuiah

(IfRONICLR

TIIK

1884.]

need

to

;

:

and

resource!,

we two thousand

with advantage to oursolvee, namely, agri-

cultural impleiuenls, machinery, railroad equipment, buiM-

ing

material;,

ink

and

in

pens

to

such

silver

or

addition
of

(not

important item of petroleum.

as

articles

gold),

booka,

besides

tho

In return, we agree to

admit the raw products of her soil (excepting cereals)
free, chief among which are fruits, coffee, hides, sugar

Dutch standard), molasses and tobacco.
a population which is variously estifrom ten to twelve millions, and though tho two

(not above No.

Iti

Though Mexico has
mated

at

countries are exceptionally

well

fitted

to

loducers of 300 million poandt,

^

which

supply each

that

the

new condition

the

specie.

built

heavy and

duties are notoriously

stituted the only barrier to a larger trade with us.

as

effectual

an obstacle

existed

in

the

Quite

disadvantages

There was no system of
itself.
by which products could be brought
to the seaports, or, indeed, for carrying them from one district to another.
Mexico has no navigable streams of any
magnitude, and railroads have until recently been almost
unknown. Hence, goods could not be transported for
even a short distance of fifty miles, except at a very heavy
cost, which barred out not only imports, but made it
impossible to send the products of the interior to market
inherent in the country

internal transportation

either at

home

or abroad.

This

is

shown

in the fact that

almost the whole of Mexico's exports have been

Mexican Railway (Mexico City

to

to the

over 1,200 miles.

It is less

for this

road

main

line

whole

Vera Cruz), the only
Of course, all

than four years since the

was granted, and to.day
in

The

operation.

finds

enterprise

has been

the conception of Boston peop'e, and been
under
their auspices, and
very largely with
their money, though chiefly indebted to the energy
of Mr. Nickerson for its successful prosecution.
The
difficulties in the

way have been very

of these has been the distrust of

all

great.

Not

the least

lailroad undertakings

which the events of the last few years have produced in
the minds of our people.
When the enterprise was first
started the times were very propitious for floating loans,
but latterly
for

it

has been almost impossible to obtain

new railroad

The Mexican Central

construction.

money
people,

however, went straight on with their work, and though the

bonds of the concern steadily declined in the market, they
never permitted themselves to entertain a doubt of the success of their project.
prise,

too, for the

And

others had faith in the enter-

necessary

made up ing when wanted, though,

of articles raised near the seaboard or in proximity to the

Central Railroad, this

of Mexico,

$8,177,123 imports and $16,587,620 exports in addition
to which, however, w6 received nearly 10 millions of her

should be said that they have not con-

of things.

and gives that country a railroad route almost
other.
To show what an important
work it is, we need only say that the distance from El
Paso (the United States terminus) to the city of Mexico
ital

from one end

charier

it

levy a tax upon

brings the United States in direct connection with the cap-

is

The Mexican import

latest

As to the completion of the Mexican

best year (1832-3) reached less than 2o million dollars

oppressive, but

the

in

we

Furthermore, Mr. Nimmo atalM
year for which data can be obtained

millions.

Mexico raised only 15<i, 549,662 lbs. of sugar altogether.
That amount brought in free could not affect price much,
though doubtless the production will be increased under

other's wants, our total trade with the republic in the very

—

il^

money was always forthcom.

of it could be
was found, early
estimates of the cost had been
as said,

obtained from outside sources.
in the year, that the first

little

When

it

and that about a million more of money
was needed to carry the road to completion, it seemed as
tem of railroad lines in course of construction.
if failure had overtaken the concern, just as success was
There has been some opposition in this country to the within reach, and its 7 per cent bonds fell to 44. But the
treaty, but there would appear to be no doubt of its prov- additional means were provided
and the bonds are
ing greatly to our advantage. Agriculture has heretofore now at 60 again. We mention this in illustration of the
railway the country has heretofore had.
this

be changed

will

now under

been conducted in a very primitive fashion in Mexico.

With

the advent

of

the railroad

slightly exceeded

the comprehensive sys-

we may expect

a resort

exigencies that the projectors bad to meet and

financial

successfully overcame.

to more modern methods and better results, and with a
The Mexican Central, however, is chiefly important as
market open for her products the development of being the first railroad to enter the Mexican capital from
the country will be rapid and its demands on us the United States.
Others are under way or projected,
Mexico, moreover, not only agrees which if carried out will multiply the avenues of commulargely increased.
10
remove the external dues on the importations nication with the United States and also give Mexico
from u?, but also the internal taxes, it being the adequate railroad facilities to develop her internal and
practice to tax goods
passing from one State to external commerce.
The Mexican National (narrow
-

the republic.
On the other hand, the
we make appear to be confined mainly
to sugar, hemp and tobacco, the most of the other articles
which it is proposed we shall admit free being already on
our free list. At present, the item of largest exportation
other

This enters Mexico at

gaage)

is

concessions

Laredo,

is

from Mexico to the United States is hemp, and the duty
on this is removed. Next to this, comes hides, on
which there is no duty. Bat the main opposition to
the treaty has been from the sugar producers of

700 miles of comp!eted road within the borders of tho
Mexican Republic, besides about 180 miles more (to Corpus
Christi) in the United States.
Then there is the Mexican
International, or Huntington road, which enters Mexico at
a point opposite Eagle Fass and on which 150 miles are
completed. This will form a very direct route to the
Mexican capital from the cities of Galveston and New
Orleans.
There are also various other lines on which
little or no work has been done, but some of which will
no doubt be built and aid in further development of the

the

in

.

Louisiana.

90

Statistics

show

that this

State raises about

cent of the sugar production

the

chief

of

these.

projected to run to the City of Mexico, and has

of the United
and its entire product in 1882 3 was only 303,006,.
2.j8 pounds (and this is larger than it has been at any country.
time for twenty years), while in the same year the imports
Altogether, it seems not unlikely that Mexico is destined
of all kinds of sugar into the country amounted to 2,019,. now to a rapid development, and that in her industria
Assuming that all the domestic produc- progress and expansion the United States will in a great
823,61 1 pounds.
tion, as well as the importation, went into consumption, it measure share.
Through the Reciprocity Treaty and the
would appear that we produce in the United States only railroad lines the whole current of trade will be turned
nboat one-eighth of oar consumption and to protect towards this country, and it is certain that while taking

per

States,

THE CHRONICLE.

316

[Vol. XXXVIll.

from her the productions of her soil (which the increased all Her Majesty's possessions in Australasia, and over all
transportation facilities and the change in the mode of agri- British ships sailing- between them, in respect to certain

we can

culture will be sure to multiply largely),

in turn

the operation profitable to ourselves by selling her

own wares and manufactures, which we
much more cheaply than an^ other

of our

make matters named

many

will

able to offer so

be

nation-

;

—such, for example, as the

relations of the

Australasian to the other islands of the Pacific; prevention
of the influx of criminals; the fisheries; the enforcement
of judgments; extradition; general defenses, &o.

passed by the Council shall become law until

AUSTRALIAN FEDERATION.
The

Her

obtained

attention of our readers has on several occasions,

a recent period, been called to the movement
which has for some time been in progress and which has
within

Majesty's

Governor of the colony

it

No

shall

bilT

have

assent directly or through the
in which the Council shall be

sitting.

The independence of the different colonies shall not be
by the Federal Council; but all acts of the CounIn December of last year, partly on account of cil, when they shall have been properly proclaimed,
States.
shall
the difficulty which arose in connection with the proposed have the force of law in all Her Majesty's possessions
in
for

its

object the federation of

annexation of

New

Guinea and

the different Australian

partly, also, to consult as

to the propriety of bringing about a closer union
colonies, a representative Council or

in

Sydney,

New

South Wales.

of

the

Conference was held

It

affected

Australasia, or in the several colonies to which they shall

extend.

If in

repugnant

to,

any case the acts of the Council should

b«

or inconsistent with, the law of any colony,

was known that the the colony must

yield to the Council.
Ample provision is
made for the appointment of committees for the settlehad been sent to London to make known the result, and ment of inter-colonial difficulties, and for the meeting
of
to push' the plan agreed upon; but it was not known necessary expenses.
The Federal Council may not

Conference came to an agreement, and that a deputation

what prbposals they had
It

now

actually carried with them.

appears that before they concluded their

sittings,

approach foreign Powers, except through representations
or recommendations to Her Majesty.
The act authorizing

the Int4^-colonial Conference or Convention, on the 7th of

December, drew up a

bill for

ral Couiicil of Australasia,

the Federal Council shall not come into operation in any
Fede colony until the legislature of such colony shall have
embodying passed an act of approval, nor until four colonies, at least,

the establishment of a

and that

this

the wishes of the Australasian colonists,

bill,

now

is

in the

hands

of the Government.

As

tion of

be introduced in the present session,

it,

is likely to

the

bill itself,

and, as with the passing of such
colonies iwill enter
full of

entirely

bill,

the

new

career

promise of great future prosperity

upon some

to look

The

upon an

or some modifica-

—

it

of its provisions.

shall

have passed such

acts.

Such, in condensed shape,

is

the

bill

by which

it is

posed to establish a great federation in the Southern

pro.
seas,

Australasian

and to give, a new, and what must at no distant day
become a great, empire the almost unqualified control
may be well of the South Pacific. We have no reason to doubt that
the bill will substantially become law; and the presump-

—a

career

feature, and one of the most important, is the tion is that, as the framers of the act evidently expect,
the
Which the proposed arrangement views the whole Federal Council will be in existence before the end of the
Polynesijan region.
It is clear that the people of Austra- year.
For the work at the outset the fifteen or sixteen
lasia 109k upon the Polynesian Islands as their own, members may be found sufficient; but the
work will
actually br in prospect.
The bill includes in its operations increase, and the membership Will continue to multiply*
not only Fiji, New Zaaland, New South Wales, Qaeens- until a parliament larger in numbers even than that oJ
land, TaSniania, Victoria and Western Australia, but the England shall preside over the destinies of another anij
province of South Australia, their dependencies, and larger country in the Southern Hemi sphere.
those of the said colonies.
In the preamble and in every
line of the bill may be read a resolution that a hundred RAILROAD EARNINGS IN FEBRUARY, AND
isles ouliside must be brought within .the same systemJANUARY 1 TO FEBRUARY 29.
In this respect the plan differs from that which was purCompared with last year, the February earnings make
sued in the confederation of Canada
and this is doubt- quite a good showing. That is to say, although there is no
less to be accounted for by the fact that the proposed considerable increase, the fact that there is any at all, has
ne'iy fedjeration is not restrained by any neighboring,
been accepted as satisfactory, a decrease having been
powerful dominion. As the London Times put it, " the expected by many. The gain amounts to $740,000 or
" Federal Counsel of Australasia is empowered by the bill about 6 per cent, on mileage augmented 3,156 miles
" to draw, and will be unable to decline to draw, a wide or 8 per cent.
fijcst

ligtt in

FROM

;

" circle for a greater Australasia, coniposed of elements
" can call into life as

At

it

the outset the Council

sixteen members.

it

pleases."
is

to consist of

A session of

This year's conditions were not favorable to large earn,
ings.

some

fifteen or

The continued depression of our industries; the
snow and ice in one section, and

severity of the weather

—

and floods in another; nothing to stimulate the
at least once every two years.
£ach colony J_is to be grain movement, while the cotton receipts were reduced
represented by two members, except in the case of Crown by reason of last season's deficient yield of the staple, and
colonies, which shall be represented by one member each. the passenger traffic was only moderate
with such facts
The first Council is to be held at Hobart Town in Tas- and conditions prevailing, the improvement recorded in the
mania.
Subsequent sessipus shall be held in such earnings has been favorably received. And yet it is well
colony as the Council shall from time to time deter. to remember that in many respects the conditions prevailmine. The Council shall in each session elect one of ing last year were fully as bad as this year, and in some
its members to be President.
The usual oaths of allegiance instances very much worse, which of course modifies the
must be taken by the members of the Council. At the conclusion drawn from this year's figures. In February,
present time the independence of the different colonies 1883, the floods in the Ohio Valley were nearly as proleads to many inconveniences in civil and business matters. nounced, and restricted railroad operations scarely lesSi
To obviate these inconveniences, it is provided that, saving while the meteorological conditions in the Northwest then
the Council

is to

be held

rains

;

the royal prerogative,

—

and subject to certain specified were phenomenally bad and interrupted railroad transporhave legislative authority over tation almost as much as in the extraordinary winter of

provisions, the Council shall

'

—

—

..

Maboh

is,

THE CHRONICLR
occasional snow $01,000 — a year

18M.J

817

ago it lost $110,000. The St. Pcul ft
comparison with which the
present February were scarcely wortliy of Omaha record* an iuorease of $46,000, while in 1S83 i(
mention.
In one particular the month in 1833 was more had a decrease of $51,000. The St. Paul Minneapolis ft
favorable than in 1884, and that was in the larger «otton Manitoba for the first time in many months reports an
1880-1

Id

BU>rin8

the

of

movement, which, however, affected only Southern roads. increase; but this road has heretofore been comparing with
On the other hand an important fact this year is that very large figures, while for February it compares with
February contained an additional day. This is a point very small figures. The St. Paul & Duluth gained last
not (o be overlooked, being especially important in the year, when other roads in the same territory were
case of the larger roads which earn from $50,000 to losing, and this year reverses this by losing when the rest
For the Northwestern roads the grain
$75,000 a day. In the following table, we give the 'are gaining.
earnings and mileage of each individual road.
movement would appear to have been about the same
0KOS8 BABMnfOS JlHO MILEAGE [H KEBRVABT.
There have been some material
in 1884 as in 1883.
Orou

'

lllo

Ohio..
BlitSau.

j

Chi.'. A Ea«t<>ni ril....
Clilo. i (Jr. Tniiikt...
Chic. Milw.Artt. Pail!.

Olilc. 8.. r.Mlnii.
I

I

A

I

I

I

AO

Chlo. A West MIoh....
Cin. Wimh. A Kiilt....
Cleve. Akrou A Col...
Ooa MnliieK
Ft. !>.>
Detroit Liius'K
No.*

I

A

Eastern'
Ea«t Ti-nn.Va. AOa..
E^VftnllV.AT. Haute..
Flint A Porn Marij...
Flor. Cfiit. A West'n.
Flor. Tr;ifi. A Penln..
Fort Worth A Denver
Granil Triiiik of Cun.t
Or. Bay Win. A St. P.
'Jnlf Col. A Santa Fc.
UI.Cvut.dll.Aao.Dlv.)
Do (lowallnee)..
i;!,>,„„.

rn.i

AWe«t...

AOillf

s.

'

nutral* ..
.tFt. 8...

R.ATex.

1.

.

.Va»bT...

.11.

A

On..

Cliar'ton.

.

!

A

West..

•iiio

^^'estorn

,

ihV*lley.
i.itic

!'

Rich.

.tEvansT.

A

l>anville.....
Char. Col.
Aujr

A

CoUmiWa A

(ir'v...
VirKinla .Miilhiml. ..

West. .Vo. Carolina.
Rochester A Pittab...
8t.L. A.AT.H.m.llne.
Do do (brunches).
8t, Tjouln A Cairo
St. Ix^iiis rt.S.A Wloh.
St. Loiiifi A Man FYau.
St. Paul A Duluth...
St. Paul Minn. A.Man.
Tol. Cin.

A.St.

I^uls..
Wtscou.iin Contral

Total (60 roada)
*
t

..1

1833

1883.

201,081

187,001

+ 14.96:i

713

lit3.571
7!t.956

+ 34,37_
+ 18,210

713

227,'Ji3

1,152

1.465.952

-Sl,95a

2.i3.446

+ 22„"39

2,033
401
3,003
51

55,498
557,334
112,269
183.658

-15.118

130

+ 14.339

84'

+ 43.406

252
335

1,2,57,040

+60,934
+ 126,105

4,770

27.^,975
•10.350

Chuaiic.* .\lton

tnereate or
1884.
Dterecue.

1884.

9S,196
l.Sdl.OUO

&
.t

changes

in the total

grain receipts, but

such points as Toledo,

Biirl.Od. Riip. A No.
Ciinnillnu rnoltlo
(.iilr.il lowil

1

MUtaae.

Bttrtih»i>-

}famt 0/ Road.

571.923
loS,819
232.061
1.318.000
1.437.500

—3,150

1,311,395

328.500
282,256
112.846
99,972
106,082
124,361
29,842
34,462
19,218
16,144
59.617
57.1.S4
213,667
210,381
315,907
312,522
47,047
48.606
191,818
165,150
38,613
33,565
46.615
38,911
26,200
24,000
1,293,619 1.286.855
24,449
22.193
139,41^
133.590
800.100
847.439
127.SI00
126,324
212,831
202,931
111,349
85,944
29,027
33,751
34,111
34.041
24,635
33.640
138,0t.3
128,675
992,245 1,014.807
19,474
17,676
108,610
103.000
76,120
65,593
165,146
168,245
226.731
191,314
59,386
38,600
51 9,300
369,621
83,288
76.150
56,5!)2
45,507
333,755
329.248
91,10:'
82.931
71,923
95,391
109,590
113,823
35,033
27,557
81.211
21,17S
122,778
128,766
63,7(9
63,566
18,563
18,6.53
41,320
11,213
329,874
236.278
56,457
fc3,083
407,128
389,613
83.641
61.593
106,762
87.531

304
3.097

512
130
847
232
333
1,520
3,530
1,170

3,8.-0

+ 46.244

1,290

+ 12.871

410
281

-18,279
-4,620

110
281
111
143
225
283
1,100
146
347

141

+ 3.104
+ 2,463
+8,286

143
225
283

+ 3.385

1,123

+441

146
34
234

+26,668
+5.018
+7,704
+2,200

it

clear

only two roads in the

list

Flour,
(Mil.)

5 wks., Feb.. tSSl
9 nks.. Feb.. 1R8S

Since Jan. 1,1884
Since Jan. 1, 1S83
S wks., Feb..
» wks.. Feb.,
Since Jan. 1,
Since Jan. 1,

—1,721

+70

168

151
168
170

S wks., Feb.. 1883
Since Jan. 1. 1831
Since Jan. 1, 1883

-6.631

160
740
225

+ 17,515

1.387

1,250

775

775

441

441

+7..'i26

+ 62,733
-5.988

193
138
152

+203

-90

+30.107

+ 93.596
+ 22,013
+ 19,231

+740,760 42.330 39,174

that for the time
is

pas'.

being at

There are

526.625
P09.601

88,430
188.830
134.930
270.745

191,442
242,860
330,960
386,710

2,951,030

640,093
453,480

4,755,55J

Toledo—
a wk-., Feb., 18S4

.

3,177,631

1,667,481

402
681
389

+4,507
-11,178
-23,663
-4,233

4,8S«,9»

10.846,068

281,737

402
684
389
320

212
254
737
303
294
353
206
125
195
121
152
123
726
203

12,326,425

1,940,294

S,3(U.03S

1.506

1,535

2,1 12.851

476.259
891,333
776,472

1,526

212
254
774
337
294
353
206
294

2.S16.48S

187,481
220.921

225
482

2,419

7.081.978
7.136.181

723.727
077,718

1834
1883
1881
1883

2,322

+ 148,679
+ 7,132
+ 11,085

Oat«,

Onuk.)

S97.835
308.985
528,396
575,144

225
334

-:9,005
170
+9.408
352
352
-22.562 2,063 2,065
+ 1,798
100
100
+5,610
330
330
+ 10.527
374
326
-3,099
528
528
+ 35,387
502
428
+20,786
240
240

C&m,
(feiuh.)

1884
1S83
1884
18S3

2,322

+ 25.403

.

ass,4aa
186.0S1
491.124
731,007

WJltat,
(biuk.)

Bariev,
(tnuk.)

680,290
704,961
800,107

a,2))e,sio

1,336.1

1.

(bu<A.)

i4».a*s
206,167
866/160
863.318

MUwauku—

+2,251
-1,113
-17,339

Only three weeks of February In each year.
For four weeks ended Marob 1.

This table makes

of January as well.
RECEIPTS FOR FIVE WEEKS BMDED FEB. 29, AKD SIKCE JAN.

+ 6,784

+9,900

least the era of large gains in earnings

giving not only the receipts for February, but since the Ist

234
2S1
110

+ 1,076

14.616.999 13.876.239

Chicago and Milwaukee, which are the principal Northwestern centres. This is shown in the following table,

110

231

they occurred at

Detroit and St. Louis, and not at

•

St.

1,223.482

1,195.716

628.078
762,891

84,068
70.030

1.111,893

80.8Sis

1,220,190

120,436

180.637
287.SS5
303.353

35.890
60,640

488.408

eajrm
1,048
8,013
4,330
13,061

Louis

i wks., Feb.,
S wks., Feb.,
Since Jan. 1.
Since Jan. 1.

139,931

392,488

1,370.393

1,014,10;

711,812

S.S44
2.8S7

784,173

81.880
69.300

12,065

1,186,2.37

1S.419

1,132.962

1,920,342

112,540

18.811

7,1U

1,879,178

1,443,820

160,427

18,837

519,379
95.0U8
7»t,358
183.688

118,340
57,013
196,301
130,488

158.571
113.803

1.221.359

2.400

18,MT

Bftrolt—
5 wks .Feb., 1884
S wks., Feb., 1883
Since Jan. 1, 1881
Since Jan. 1. 1833

13,580

374,988

18.801
23.264

1.0116,088

a3.«,se

1,532,948

(»5,205

71.761

886

318,141

CUveland5 wks., Feb..
6 wks.. Feb
Since Jan. 1, 1884
Since Jan. 1, 1863
,

Peoria—
S wka., Feb., 1831
5 wks., Feb.. 1883
Since Jan. 1, 1881

Since Jan.

1,

1833

S312

21,891

03.3811

11,800
15,711

170,09»

236.900
211.065
415,897

80,900
83,488
80,910
16S.33S

22,588

99,041
802,883

6,865
7,015
11,140
12,135

31.480
19.800
82.110
2S,0C0

13,197
23.721

37,328
48,350

500
BOO
86,800
112.000
117.810
178,500

1,694,210

1,040,665

1,110.990
2.830,930

874,125
1.932,333

75,200
99,000
105,100

1,981,800

1,300,725

159,000

Oulutk—
5 wkt.. Feb., 1834
a wks.. Feb.. 1883
Sln'-e Jan. 1. 1831
Since Jan. 1. 1383
Total of all
5 wks., Feb., 1834
B wks., Feb., 1893
5 » ks.. Feb., 1332
SInoe Jan. I. IS*'!
Since Jan. '.. 1383
Since Jan. 1, ISSal

93,399
119.691

207.807

391.083

720.817

2.843,1535

1,864,938

3083»

5.080.570

13.829,706
12.832.677

1.912,068

1.000.690

4.018.813

316.873

3.532.070

8.045.13 J

2.813,983

2,076,925
1,175,866

1.808.6SS

8.329.630

1.688.711

8.9aS.181

22.388.439
10.904.3TO

6,600.751

3.668.136
3,101.671

1.425.058

6.898.383

17.l()p,fl26

8.187.785

3.387.078

414,C4S
223,27S
680,488
726,e««
447,864

8,123.487

whose gain for the month

Michigan and Wisconsin roads were also affected by
>»xce€ds $100,000.
The increase as a rule is small. It is bad weather last year, hence ,we find pretty uniform
o be noted, too, that the number of roads recording a gains on them this year.
The Chicago & West Michigan,
decrease is not very numerous.
There are only 17 alto- the Detroit Lansing & Northern and the Green Bay
gether, and the falling off is in no case considerable
Winona & SN Paul have failed to recbver the full loss of
though it should always be remembered in this connection 1883, but the Flint & Pere Marquette and the Milwaukee
the extra day this year

that
fact.

The roads

exhibit as any in

sidering

in

the

is in

part the cause for that

the Northwest

which

as

good

an

Lake Shore

& Western

continue to run largely ahead.

In the case of tho Wisconsin Central, the comparison does

is

not surprising, con-

not extend back to 1882, but the gain this year

they fared

badly on account of

or over 22 per cent.

list,

that last year

make

the weather, in illustration of which remark

we may

point

by snow and

In Iowa,

is

$19,200,

less obstruction to travel

and a freer corn movement were the
Iowa lines of the Illinois Genfails to equal the loss then.
Thus the Burlington Cedar ti-al, the Des Moines & Fort Dodge and the Central Iowa
Rapids & Northern has an increase of less than $1.5,000, record improvement on last year, which, however, in tho
while a year ago the decrease amounted to over $38,500. case of the former two, falls far short of equalling the loss
The Chicago & Northwestern gains $126,105 this year, then recorded. The Central Iowa lost $16,000 in 1883,
ice

to the fact that the gain this

year in nearly every instance

but

The St. Paul has gained about and gains $18,000

in

1883

lost $16-2,781.

features this year, and the

in

1834 on a 'arger mileage.

.

.

THE CHRONICLE.

318
The roads running south from Chicago,

make an
ing

&

The Chicago

1883.

heavily in

lost

$3,500

Eastern

this year, in addition

to

a decrease of $15,000 in 1883. The Illinois Central, on the
line from Chicago to New Orleans, has reduced receipts of
$47,000, but this

due

largely,

we judge from

the figures further below

not wholly, to the diminished

if

Here

as heretofore,

unfavorable showing: they lose 8ven after hav-

Illinois has a decrease of

is

.

movement

have done so
they

ment

tory which this month record improvement roads, too,
that had quite marked gains a year ago. which makes the
present statement the more remarkable. Thus on the Indiana Bloomington & "Western there is an increase of nearly
The
$10,000, on top of an increase of $27,000 in 1883.

&

—

Ohio Central
$7,000,

in

(not

River Division) gains

including the

nearly $23,000

addition to

in

the previous

one

The

South.
it

but

general

is

decline

port

that

at

not

is

The
hmited

throughout the

New

decrease occurs at

heaviest

the

is

business.

movement

cotton

section,

general

their

in

the

in

off

any

to

well, in face

making

are

falling

These roads lie in the section of country
north of the Ohio and east of the Mississippi, which has
for some time been conspicuous for losses of earnings.
There are, however, a few prominent roids in this terria decrease.

That Southern roads

of the heavy loss in this their
principal item of freight, speaks well for the development

and

Cincinnati

a loss of 228,000 bales for February and of

is

461,000 bales for the two months.

Washington & Baltimore and
the St. Louis Alton & Terra Haute (main line), which
form parts of trunk lines east from St. Louis, both record

The

of cotton.

XXXVra

[Vol.

that

Orleans,

leads us

to

think that the loss in the earnings of the Illinois Central

almost entirely to the diminished move-

line is ascribable

of that staple.

An

examination of the sources

receipts at that point reveals, moreover, that

Central

only

delivered

line

this year, against

26,652 bales

new

line to

New

At Mobile

11,705 bales to that point.

of

Illinois

in February

The New

44,884 bales in 1883.

Northeastern, the

the

Orleans

Orleans, carried

there was a falling

the receipts of 13,500 bales, of which about one-

off in

on the Mobile

half occurred

&

Ohio, but the earnings of

road appear to have suffered a diminution of only about

this

On the Atlantic

$3,000 in consequence.
tion in the

movement is

marked

quite

coast the contrac-

at Norfolk, where the

The Peoria Decatur & Evansville has added $1 1,000 receipts reached only 38,981 bales this year, against 80,997
The bales in 1883. Yet such roads as the Norfolk & Western,
receipts, but had a loss in 1883 of $12,000.
may
explain
the
variations
on the East Tennessee, and the Chesapeake & Ohio, which
movement of corn at Peoria

jear.
to

its

the

latter,

Last year there was a very large falling

road.

off in the receipts of that cereal at Peoria

—

this

vest, again

are

to,

or connecting with,

as

their

same feature

is

ings keeping

up remarkably

are decreases,

terminus,

principal

the South-

prominent for their excellent exhibits.

The Chicago & Alton

Norfolk

cord improvement

is a gain.

The roads running

have

year there

earnings over

in

observable elsewhere

1883.

all

re-

And

the

in the South, earn-

and even where there
being (with one or two exceptions) surwell,

upward course in a prisingly small, considering the contraction that has taken
modest way, while the St. Louis & San Francisco is mak- place in the cotton movement. On the Elizabethtown Lex.
The former gained ington & Big Sandy road traffic was interrupted the greater
ing very rapid strides forward.
On the part of the month by the floods in the Ohio, so the ratio
:$40,000 in 1883, and now adds $15,000 more.
the South Carofit. Louis & San Francisco the increase reaches as much
of falling off in earnings is quite heavy
off, but on the
40
cent
but
in
the
previous
heavy
falling
per
year lina roads, too, show a
-as $93,500, or over
The Kansas City Louisville & Nashville the decrease is immaterial, while
there had been a small loss, $3,900.
Tort Scott & Gulf also lost a little last year, but has quite the Florida roads, the Richmond & Danville, the Memphis
a heavy gain this year though the floods have interfered & Charleston, the Shenandoah Valley, the Western North
•with traffic operations on its Memphis extension, the earnings Carolina, &c., show better results than in 1883.
of which are separately reported. It would be interesting
As to the earnings for the two months January and
in this connection to note the results on the Gould South- February
combined, our remarks above for February
continues

its

;

—

—

—both for

—

—

January made relatively a less favorshowing than February mainly because the compariwas adversely affected by the contraction in the move- son was with a better period in 1883 but it exhibited,
ment of cotton. In Texas, certainly, this was an influ- nevertheless, only a nominal decrease, so that the net result
ence upon railroad tralRc. But the Gulf Colorado & of the two months' business on the roads in the table below
Santa Fe makes a good exhibit, notwithstanding this cir- is about the same as for February alone. The result on indicumstance. The loss is only about $4,000, and occurs vidual roads, however, is not the same, and the decrease
wholly by reason of a falling oS in freight, passenger re- on many of them is quite marked, as is illustrated in the
To show how the cot- fact that while there is a net increase of $662,000 on all
ceipts recording a handsome gain.
ton movement compared* in the two years, not only at roads, there are 25 roads having an aggregate decrease of
Texas ports, but all through the South, we give the follow. $1,189,000, which offsets to that extent the gain of
ing table of the receipts of the staple in February and $1,851,000 on the remaining 36 roads. The heaviest dethe two months to February 29 in 1884 and 1883.
crease occurs on the Central Pacific, the Grand Trunk
western system, but the figures are

-January and February.

No

all

withheld

doubt, however, the

system

RECEIPTS OF COTTON AT SOUTHERN PORTS IN FEDRUAKV AND FRO.M
JANUARY 1 TO FEBKUARY 29, 1884 JLND 1883.

apply equally well.

—

able

and the

—

The following

Illinois Central.

is

our usual table,

giving full particulars for each road.
GROSS EARSINOS PROM JANUARY 1 TO FEBRUARY

29.

Sine?' January 1.

February.

Ports.
18M.
Galveston
Indlanola,

81,3T7

Ac

76T
193 829

New Orleans
Mobile
Florida

29,1,031
1,064

Savannah
Briinswiclc,

,580

&C

200

Charleston
Port Royal, &c....

WllminKton
Morehead City,

1,813

Norfolk

West Point, Ac
Total

:,899

2,151
10,523

,290

1,711

.097
.514

106,773
41,046

841.131

741.884

,510

.

&c..

812,503

585
303,894
38,243
10,070
81.188
1,102
62,561

laS3.

172,12»
1,670
460.307
74,450
4,801
133,539

200
99,478

n,o.w
26.450
«,020
100.011

42,248
I.e02 700

Name of

Road.

Cedar Rap.
Canadian Facinc
Burl.

& No..

Central Iowa
Central P.>vcltlc

Cheaapeake & Obio
Eliz. Lex.& Big Sandy.

& Alton
Chic. & Eastern Illinois.
Cliicaso A Gr. Trnnk
Clilcago Milw. & St.Paul
ChicaKo & Northwest
Chic.St.P.Minn.A Omaha
Chicago & Wi-st Mich ....
Cin. Wash. & Baltimore.
Cleve. Akron. * Col
CUloaco

1881.

415.827
493,21't

209,114
2,987,000
557,370
86.175
1,232,716
234,910
461.579
2,785.000
2,899,800
G7 .600
217,973
239,912
61,404
1

1883.

384.401
382,814
157.265
3,213,633
505,416
103,391
1,203.770
251,133
423,570
2,616,244
2,669.017
594.273
200.63«
Z7.S214
71,496

Increase.

Deertttit-

31.423
110,401

61,849
246 ;eSI

51,954
17.216

28,916
'iSiiS

38.009
168.756
230,783
77,327
17,337

35.2-a

lOflW

,

MAnon

THE CHRONIOLR

19, 1884.]

yniiM «/ Roorf.

fnereiut.

18«J.

1984.

Dm

A

36,162
104.616
4

4.'>,7."}3

No*..

,1

13,115

23,563
3,833
17,180
1,700

37P.'J6''
7i>,l,"iU

81,237
40,000
46,024

-.^^

20.^.oo^

26,8,5"i

1,10

1.827.156

834,256

III. i.'eiit(l>
I

i..„.H>
301.701
77.675

I

VII.

1

71.040
2.58,693

:

Nurthom.

is.MHMu

mii'iiiiniloah Vitlley

i

Korthont

2 1 6,70

\.

'^ ..>':

l'itt(-l>ur>f

312,010
128.108
3S.329
70,28S
049,801
129,225
836.434
177,185
228,795

line.
(l>iani'Ue8).
i.ilni

Bt.l,, \ ,t r. II.
'
'

s

iii.iiii

Wichita,.
Francisco.
Diiluth

>

,v

ibi. 1..I1US ,v S.

|«. Paul

A

Paul .Miuu. ii Mao...
Toleilo Cln. A Ht. Louis.

let.

WlMonsIn Central

."

30,209,5341 29,547,270

Total (01 roads)
Nrit Increane
'

Inoluilrs three

•75!»4.Sj

dr.IO.4e6j

14'2,7;»

1«^»

70,4I«

do

A Qr-'OBTllte. lt<M

TtrstaUi Midland

1883
1884

Lo
do
IKW
Weat. Nor. Carolina.. 1WI4
Do
1883
do

WMt Jonor

1884

Do

do

1883

111.613
117,084

•88.588^ df.88.11W

r^n
107,1

101.388
29,818
«0,t90
69.300
61,880

a6,»tH
88.576
81.784
60,059
70.160
86,837

84,870

l5,l<88

5.088
84,900

44,400
40,816

84,070i
9,3541
87. 1 m'

8.»»
81,8741

JVAruary,

Opemtlna

NamilKa. tutpttua.

Moblle&Ohio
33,772

Do

* t45,000

16,420
38,095
1,506
16,613
104,303

18,813
7,332
10.699

52,892
135,202
.5.324

22,942
35.584
48,032

do
inclndod for

1884
4888

new

1165.1461

gteel mils

fl80,000

Jan.
iVrf

Earnini/a.

1 to

A5.

»4S,I40

f <S0.686

88,8M

384,457

f&^

and fastenings.

SILVER COINAGE AND THE CHAMBER
COMMERCE.

OF

The special committee appointed at the mating of our
Chamber of Commerce held on the 6tli inst., at wliich, it wiU bo
remembered, resolutions were adopted deprecating the continued compulsory coinage of silver dollars, ha^'e sent out tosimilar bodies of other States a copy of the resolutions adopted,

W»

give the memorial in full below.

The undei-signed were appointed a committee

each year.

90.

Orow
_ Ntt
Sam<n#a Kam^ntt..

with a very suggestive and forcib|ly-wntte« men»(winl.

1,851,039 1,188,775
66:3.264

in

Do

918,774
938,488
l,l>ra.«8A
96l.fl»(

150,817

65376

BamMH

t

Oanrllie.. .1864
do
1888

k AuKnsta. IHH4

OroM

47,920
35,027
326.251
16,023
25.334
11,639

•

woeks only of February

A

979.080
991,819

101,980
2,233
7,868
14,850
14,840

164,727
166,669
218.211
47.647
47,312
260,839
135.4;8
49,02S
23,3»3
514,599
131„54P
879,376
141.601
180,703

•

151,M5

.

8,472
15,005

lem

I
I.4W74!

JCarnin«i

11.281

9,5,990
589,00,5

64.295

I'.inu...

,

l-:'>rhe.-*t»'r .t

"391,831
80.498
757,549
154.525

000.614
148,307

I>;invillo

I

I,

384,4.57

439,751
170,.'\4S
121,.'»24

EvnnsvtUe

,t

350,15 f*.")

1,083,800

II

1'

.5,261

.'>1,83.'S

ll^.,^2^

.

I'ticltlo

k>'

i>

I'J

(iS»,li'.)5

Woalorn

,\

61.004

2.133.S42
36,879
216,344
130.975

l-i

.V

39,558

81,.">83

56,83,^

272.074

Monii

6,234

do

Char. Col.

Oolwnh.

8JI,»36

76.111

.siultti.

K. iStTox..

1.

I

I

3.534

248,760
451.074
243.697

I 10

In

In

Do

.il..'l.^8

-I

Du

Phlla-A Read. C.h Iron ,tlW4
Du
do
1888

lUthtiuod

245.466

2.03S.(>.^S

iilii....

Do
I""

ntladelp'a & ReadlOf ,1884

0.977
12,445

!)S.U7

Oram \0ptraHn9
ITH
BanMnge oxiMnjM. 8anifn«i

9,671

4.709

1

87.7s»

Ilniita..

.

'.-

HAMS.

9

A On.

Vn.
I

l«1>..^ol

Uli.li*

Pt.DmUo'

>li>liira Ai

l>f*CrnU l.iknHln^

Am.lt»A».n.

tmnmarn.

DerrtOM.

•

819

to correspond

Cliamliers of Commerce and Boards of Trade in other
Our Statement of net earnings covers this time the month with
cities upon the subject, and to solicit their co-ojjeration, and
exhibit,
taken
as
The
a whole, is less satis also to invite delegations from tliem to a joint meeting ia
of January.
The large loss on the Washincfton, at some .suitable time, when representatives
factory than for some time past.

from each commercial

Pennsylvania
Philadelphia

is

&

familiar to

Reading

is

all,

also

and the decrease on the
pretty generally known;

but these are by no means the only unfavorable returns.
The Northern Central reports diminished net earnings (in
email amount), so does

the

Lonis, so does the Louisville

Nashville Chattanooga

&

&

much

Nashville (in very

St,

Richmond &

botiy can be present.
In accordance with this appointment, the undersigned inort'
cordially and earnestly invite you to convene your a88<K-iation
at an early day, to unite with us in such action on this subject
as it may consider wise and proper, and to easure the
desired attendance of a delegation to represent it in Washington, in order there to express the views of the united body to
Congress,
The time and place for such meeting will be made kno^^-n to
you by tclogr.am so soon as the needful preUminary arrange-

Dinville, and so do ments can l)e made.
The undersigned express the sentiments of the very large
Quincy and the Denver & Kio
majority of business men in New York in a|)prehending seriousGrande. The poor result on the latter road, it should be injury to the commercial prosperity of the country by the perstated, is attributed to "cut" rates and snow blockades. si.stent conversion of the casli reserve of the Government mto
tills ])cculiar and inconvenient form of money.
It lias already
On the Burlington Cedar Rapids k Northern, and the Des absorbed so l.irge a projwrtion of the active fund that it must
Moines & Fort Dodge, we have quite an improvement on of necessity he cllsbursetl at an early day as the current money

larger amount), so does the

the Chicago Burlington

&

the preceding year; but this

weather that prevailed
earnings

&

fall

is

only because of the very bad

in that year.

In both cases the net

materially behind those of 1882.

The Norfolk

Western, the Shenandoah Valley, and the West Jersey,

on the other hand, record continuous improvement. The
Oregon Improvement Company also has larger gross and
net than a year ago. The following table embraces all
roads from which monthly returns can be obtained for
publication.
OROSS AMD NET BABmNOg TO LATEST

DJkTaS.

January.

NAMB.

'

_aT)m

OwTOtinn

Jan.

I la

Jan. 31.

Ortm
Nil
Baminot. antinga Bamingi.
Ifet

1

BorL Cedar Bap. « N0..1884
Do
do
1883
'

Cbto. Burl.

Do
'

Denrer

Jk

*

du

UaaMolnee AKI. D
Do
du
IxioUt. ANaitaT

Uo

do

Naah. Chat,

Do

Norfolk

Do

i, St.

du
ft

1N84
1863
1884
1883
1884
1863

LoaUi.1884
1883

WeMera
do

. .

1884
1888

Stiennndoah Vaae7...l9f4

Uo

do

18t8
Northern Central
1884
Du
do
1883
Oreson ImproTem't Co. 1884
Uo
do
1888
Penn. (nil Mnet east of
Pitti.

Uu

487.801
463,768
8e,4»4
80.0:8
1.089,317
1,118,783

415.086
313.154

78,885
118,606

19,813
18,785

7.171'

^JS

308.448
403.455

118JB8

74.730!

112,071

85.317
83,373

A Knel
do

188*
1883

197,388
113,080
800,487
0«,IS9
41,898
409,»t6

189JB47
12K,60a

«

*

153.711
179.086

gainer. ..1884
do
13(«

Klu Urande

Ou

t

iM

60.190

818.883

17.787,

ll>7.403|

sg?.d

1.64S.88r
1.82S.68b
489.291

iji«a

463,768
80.4»t
80.018
1.039.317
1.118. 7J5
1860)98
197,388

6,110
56.404 deMe,ioe|

7.171
1,893

303.448
403,435

6,110
56,139
41.898 df. 16»lt
136.798
15^19
499.853
48.388
41,978

4a»«4e

216,884
188,584

3 574.833 8.408.097

l.ion.iSfl

3889.337 3.438.8UU

&574.933

1,471.0381

3.989.357

iS-^

•35.514
807.397
78.84S
liH.nuH

77>84

50,089

136,798
158.819
48,368
41,073

4W.8S3

60,150
17.737

1.166.136
1.471.038

This result is now only delayed by the forbearwho temporarily administer the law.
believe it to be a new event in the history of coinage, as
it certainly is diverse to tlie spirit of our government, that,
the kind and denominations of money furnished at tlie mint ot
a great nation are not left free to the action of commerce and
to the demands of the people, but are pre-determined by an
al)solute decree, and are forced to consist largely and esuecialljr
of those pieces that Iiave been found by experience to be lea^.
wanted for business uses.
The practical (juestion before the country is not whether the
money shall consist of silver or of gold, but whether the dollar
or its representivtive shall continue of the pre.s<Mit standard
value, or shall sink to a relative value greatly diminished in
purcha-sing power. That the gold dollar and the silver dollar
are not e<iual, is confessetl by the daily operations of the Treasury, With five dollars of the one it purch.ises l)ullion enough
to coin six dollars of the other.
And wlien so created the
two kinds of dollars are not made interchangeable \>y t\\»
government that issues them. How. then, can they be e<(uaUy
and e<|uitably enforce<l into commerce, or lx> justly and indiscriminately used in the payment of debts?
The operations of the Govenuuent are of such magnitiule'
that the kind of money used in its payment must at oncebecome the standard money of the nation, and to that standard all banks and business men must by necessity conform in
their dealings and exchange with each other.
The cheaper
coin, thus largely disbursoil. will at once exjiel the dearer one,
and tlie transition from the present gold to a single ailver
standard must be general, swift and certain.
The prices of all property, and the value of all contracts,
debts and obligations of the people, not otherwise expressed,,
must spee<lily become adjusted to the value of these legal
silver doIlarH. gohl will disappear as current money, and
become an article of merchaiidisie or of special contract] measured by the K>wer silver Ktan<lard.
Unless this law of comjiulsory coinage be re|>ealed, this vast
country, in a time of its greatest prosperity, will be, volunof the nation.

ance of those

We

THE CHRONICLE.

820

terily and without reason, remitted to the condition of
two" currencieJB, of diflferent values, with all their

having

incon.
veniences and complications, as the^ existed during the warGold coin will naturally go to foreign countries, where it is
j^anted as money, in exchange for silver necessarily imported
Jp fill the void thus created, until this nation becomes irrettievably and solely a silver nation.
The withdrawal of gold as money during this transition
will naturally be attended with contraction of the currency
that must prove seriously detrimental to the business of the
nation; and the consequent estabUsliment of a silver standard
here, and the opening of a special BUver market, will relieve
European nations of the embarrassment they have long felt
respecting the practical relation of the two metals to each
other as money, by transferring the subject to this country,
and will defer indefinitely ib* settlement as an international
question.
In view of consequences so serious and far-reaching, why
should Congress maintain a policy certain to derange every
Interest and disturb every industry in the land, and to become
an obstacle and hindrance to our commerce with all other
nations ?
The time has arrived when this long-impending evil, if not
Boon arrested, must reach its crisis and become a serious and
practical question of daUy business life. Before accepting the
situation as the unalterable policy of the nation, the undersigned, on behalf of the great interest they represent, most
earnestly appeal to every industrial and commercial association
in the land to unite in a solemn and vigorous remonstrance to
Congress against the continuance of a law whose evil results
are so inevitable and so momentous.

Very

Geo.

S.

market

is

In fact, the firmness 0^ the
a matter of some surprise, considering how limits

the supply of mercantile paper, and

is

how

improbable

it is

any immediate increase in it.
The failure has been announced this week of Messrs. Martin
Turner & Co., of Glasgow and Batavia, engaged chiefly in the

that there will be

sugar trade, the

These

£500,000.

liabilities

failures,

being estimated at from £400,000

which frequently

recur,

to

and which

are for large amounts, have an .adverse influence, and naturally

produce a very cautious

anxiety which

we

is felt

feeling.
There is also the
with regard to Egyptian affairs, though

are led to believe to-day that the British forces have gained

a somewhat substantial victory.

The affairs of Egypt, which
have been very seriously debated in the Houses of Parliament,
with certainly no great satisfaction to the Government, seem
likely to

prove a tedious matter.

The present Ministry have

however, been urged on by the country

—notwithstanding that

on the vote of censure they obtained a moderate majority— to
settle if possible this Egyptian question, in which, without
doubt,

momentous matters

are involved.

an incubus upon the commercial

The present situatioa

interests of this country,

and must be removed before trade can be expected

Solon Humphreys,

to the

extent that had been anticipated.

acts

Fooa,
Coe,

2CXXVUL

The value of money has given way, though not

ence.

respectfully,

Wm. H.

(Signed)

[Vol.

to revive.

such favorable features as cheap food, especially as far aa
We trust this will be sent to all our exchanges in all parts of bread is concerned, and a moderate rate for money, fail to
exercise their normal influence^, it is quite easy to arrive at the
the country. It baa been stated in dispatches from Washingconclusion that such a difficult matter as the Egyptian queston this week that this action of our commercial bodies will tion should induce merchants and financiers to pause before
be of no avail, as Mr. Bland of Missouri and Mr. Belford of entering upon any bold speculative operations.
The Bank of England return is regarded aa favorable, but
Colorado control the action of the two parties, and that they
the proportion of reserve to liabilities remains unchanged at
are still joined to their idols. Very likely that is true, it seems
nearly 41 per cent. Gold has accumulated in the Bank vault)
BO in harmony with past events. But even if it be true, we
to the extent of £245,577, and the total supply held by the
eannot see how it makes the duty of any man less obvious.
establishment is £22,495,913, against £33,143,567 last year. The

C ommittee.

If

^d

has been augmented by £357,672,
is £14,065;-1883.
"Other securities," .whi(sh
have of late been at a low point, are now fully equal to the
total held last year, being £34,813,634, against £34,583,519 in
The demand for loans has, therefore, been great, whidi
1883.
The
it is not necessary to construe as a favorable feature.
Treasury balance is large, being £11,248,655, against onlj
£9,697,166 in 1883. The forthcoming budget is neverthelsM
looked forward to with some anxiety, as war, even with'
Egypt, is an expensive process. Short money has been in good
demand throughout the week, but the discount market haa
been quiet, there being but few bills in the market.
The following are the quotations for money and the inteieit
allowed by the discount houses to-day and aame day of th«
previous five weeks

total reserve

Pil0Ujetargf C!p0mmjerctal ^uflXisli ^ews
£aTES of exchange at LONDON AND ON LONDON
AT LATEST DATES.
MXCaXNGB AT LONDON— Mar.
On—

Lalett
Date.

RaU.

Timt.

Short. I2214 ®12-3i4
12-4% «12-5»4

AnuterOam
AiAttertUun

Hamburg

SXaSANGB ON LONDON

1

Feb.

RaU.

Timt.

29 Short.

12-12>a

20'64 ®20-68
20-64 «20-68
20'64 ©2008
12-27 'aal232»«

20-34
20-35
20-50
12-15
25-26

Feb. 29 3 mos.
Feb. 29
Berlin
Feb. 29 Short.
Frankfort..
Feb. 29
Vienna
25-48\«25-533( Feb. 29
Antwerp . .
CbeokB 25-23^a>2o-28% Feb. 29 Checks
Paris
3 mos 25-42»flvr25-47Hi Feb. 29 3 mos.
Paris
Feb. 29
Bt. Petersb'g
2215ica231iR
25-51 >4®25-56i4
Genoa
Feb. 29 3mo6.
Madrid
4541345%
.

....

25-26
23»i8

Open marltet

4700

60

daj-s

Oal6utta..
Bong Kong..
.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

7^d.

Is.
la.

7!lid.

Bliangliat....

27 3 mos.
29 Bieht.
29 Cab. tr.
29
29
29
29

l/onion

9716
110-37
4-9OI4
Is. 7lli6d.
Is. 7iii6d.
3s. Slid.

58. O'sd.

London, Saturday, March
Business during the past
stricted scale,

re-

and the remark applies both to commercial and

financial departments.

The trade of the country
state, and one

being in a very unsatisfactory

portance has taken place.

shown

1, 1884.

week has been upon a most

in connection with

Very

new

little

is

represented

failure of im-

enterprise has been

loans and fresh undertakings,

and the fortnightly settlement has passed

off in

a satisfactory

Probably the amount of business transacted on the

manner.

Stock Exchange has been smaller than in the same period of

time for

many years

past,

and as there seems to be no prospect

of immediate improvement, a decidedly discouraging feeling
prevails.

The cessation

of the export

demand

for gold

New York

to

DiMtH'ft

on Aus-

,

Jan. 29
Feb. 1
"
8
" 10
"
22
"
29

shipment of a moderate amount from
London have had some, but not very great, influ-

2«® - 2»B - 2J(i® -23<®3)i
m<3 - 2H'»^'/i\3 & - 3 ®3ii

3 @3l4SH(3aH
3 @S!4 3)«S4

~2
2

- 3ii% — 3^(33^ 3J4®3M;3>«<»4
3«® - 3«® - 3W®3^ 3«®3Ji »)«»<
3 5-16® S«3 -|3«®
3A@3H SKOl 3M04H
3M®3>^'3H93^ 3!i<»4
3)«a - 3»»a -|3Ka

Ki
»H

3>4®

SK-»
tH-9

2H

present position of thfi
discount, the price of
wheat, the price 01
English
quotation
for
average
consols, the
middling upland cotton, of No. 40 mule twist, fair 2d quali^
and thefClearing House return for the past week, compawd

Annexed is a statement showing the
Bank of England, the Bank rate of

with previous years

:

1884.

1833.

£

£

1882.

18S1.

24,180.600 24,835,615 25,0*6.455 25,731,290
9,136.618 lO,o2i.Vn
9,697,166
11,243,655
Public deposits
23,026,465 22,812,629 23,833,766 25.:00,50|
Other deposits
14,831,808
13,133,684
Oovernm't securities. 13,453,063 12,383.372
24,812,631 24,583.519 25.883,m7 2.3,049,294
Other securities
16,330,266
12,574,534
Res' veol notes & coin 14,065,313 14,055,952
Coin and bullion In
both departments.. 22,495,913 23,142,567 21,780,989 27,581.558
OlrcTilatlon

Proportion of reserve
3>s p.

Consols

wheat, av. price

o.

37%

43

40 86

toliabUlties
rate

Bank
En<?.

tralian account, .and the

Joint

At Itoit
Four
Six
Three
Stock
Pour
Six
Months MonthslMontha Months Months Honths Batiks. OaU. am.
Three

(Prom our own correspondent. J

itB

Interest attowtt
for dtpostts ^v

rates.

45 '8® 46
51'8®53

Cadiz
Lisbon
Alexandria.
Coustant'ple
New York...

Bombay

2.1-26

313, against £14,056,952 in

3

p. o.

5

p. o.

lOlsiid.

102lad.

lOOHd.

36s. lid.
5i:HBd-

418. 9d.
59,8d.

45a. 7d.
6isd.

99^.
40i^d,

Mid. Upland cotton
lOSA
lOM.
9%d.
fl'jd.
No. 40 mule twist....
CleariniC-House ret'n. 97,333,000 137356,000 136,093.000 I6t.t5».
.

UkttH

THK (;hroniclk

IB, 1864.]

The Bank

rate of

dUcount and op«a mftrlMt rata* at the
now and for the previooa three weeka

ohief Coatiaeiitol uitius

have been aa followa;

JW U.
Ittnttat

IW.

tl.

Aink Opm
Kaf. ITorM KaU. Uarkft
~~»

puu

~~m

»
4

B»rlln
rrmnkfort.

-,.:.

'..<

rt.

m

«>4

SM
SK

4

BnsMla

tut

an

sw

Uadrtd

8

B

B

B

t

4

8M

4

an

4

SH

e

a

a

a

Ham ban

»4

Si.

P«t«nbDrg..

8

Op«n
VorlUt

~~a

«M
«M

4

SW

9H
*H
BH
SM

AnuterdlUD

Bank
BaU.

VdrM

Hi

4

JVt .7.

14.

Opm

Bank

an

8«
SH

I

ia a return showiUic the extent of the importa at
produce Into the United Kingdom during the Orat
twenty-six weeka of the aeaaon, the average price of homegrown wheat, the sales of home-grown produce, the risible
supply of wheat in the United States, the (|uantity of wheat
and flour oatiuiatetj to be afloat to the United Kingdom, and
the exports of wheat and flour for five months, compared with

previoua y^pirs:
tMrOBT*.
1983-81.

2H

SK

Wheat

8)4

an

8«

Barley
Omta

B

8

.

4
8

8

In rofereuce to tho state of the bullion market daring the
past week, Mossra. Pixloy & Abell remark:
Gold.—The opctatlonH at tho Bunk have boon uulinpoitant thla week,
only nn IntltiT of £'1.000 from Sydney anil a withdrawal of
orders for abroa*l Iijivo boon for
tho arrlviil.s. Tho Ihurlit has
£10,0.iO from tUo Caiio, tUo
il
V iioriua and tho Kibe £53,410 from
mo.

I

Annezed

oereai

«>4

*M

cotiirrl«ln(7
A

.

821

I88;<-83.

OWt. 28,272,409
9,966.941
6.318,135

Peas
Beana

Indlanoom
Floor

33,133.960
|).337,021

925,209

7.495.553
1.112,841

1,330,888
13,776.019
7,643,766

7,660,711
8,493,383

1,2'>3,'107

1881-82.
1880-81.
31,248,270 3^,465,268
7.556.742
7,448,6(13
5,194,283
4,893,873
932,513
1,337,563
910,939
1,205,121
11,525,747 16,789,162
4,174,415
6,796,993

BUrrUES AVAILABLE rOR HOME CONSDMmON— TWKNTr -IIX WEEKS.
1882 83.

1883-84.

1831-82.

1830-31.

Imiiorte of wheat, owt.28,272,409
Imports of flour
7,643,766
ales of home-growu
produoe
23,368,2.50

33,133,030
8,493,335

31.218.270 29.465,268
4,174,415
6,796,993

22,151,532

20,729,400

17,281,26*

59,281,425

63,778,877

60,152,035

53,543,524

Total

II

'

circular a further slight Im4 bills tiiok jil HI", Bud 51%1. was jiiiid for a few siiiall par^luull rise of Imd. was soon lost, iiud the silver by tho Biiffon
at 51'ifld.; that b.v the Flaxmauu aud Cuvier at Sl^d. The
il

1

•

I

our

!ii«t

\chnnKe« have somewhat deoUued, aud It Is doubtful whether
prke win be obtainable for the quantity now on tho market from
the West Indies. We have reeeived sluco our last £41,240 from New
York. £152,100 from Klver Plate, and £44,010 from West Indies; total,
£241,250. The Peninsular and Orieutnl steamers have taken £19(>,,500,
aud a considerable tiiKintlty of tlorlus has been sent from Venice.
Mexican dollars.— Tlio Andoau, from the West Indies, brought a few
IiiiUiiii

I

of

<

Av'ge price of English

wheat for season.qra.
39s. 9d.
428. 6d.
41s. Id.
46s. lOd.
Visible supply of wheat
In the
busU. 31,503,000 23,000,000 13,027,000 27,200,000
8
enpply of wheat and
flour afloat to U. K.
Iiuartors
2,043,000
2,272,000
3,148,000

a

this

Exports of wheat and flour for
Wheat
Floor

dollars, which, selling at melting price, realized 49i&ifid. per ounce. The
Kibe has £153.150 on board, an<l this amount will not be on the market
for a day or two. There is no demand at present for Cliina, and all
arrivals will be taken for refining purposes.

The quotations

Prict of Sttiwr.

Prictof <Md.

fU.M.
Bar fcold. One. ...ot. 77 «
Bar gold, conlmln'ff
SO dwts. UTer..oi. 77 lOM
Bpao. doablooDs.oi. 78 •«
.iB.doablooiu.os, 78 ax
U. B. ffold oolo. OS. 7a an
Q«r. gold coin... 01
. .

Fib.

Teb. 21.

77 lOH
73 9ii
7» an
78 an

».

Ttb.tX.

A.

d.

Bar stlTer,flnd..os.
Bar 8Urer,ooataln-

51k

51 B-16

Ins 9 grs. gold.. OS.

BIK

81 ll.ld
Be 3-ie

4»«

4»M

Oaka stlrer
Mexican doU.

os.
.

oi.

Chilian dols..... OS.

months

:

1883-83.
291.713
79,800

London, Saturday, February

1881-32.
243,979
35,946

23, 18*1.

the New York sterling exchange for cable transfers to 4 '90)^ has been the more prominent feature in city
circles during the past week.
During the earlier days the tone
of the money market remained firm, and although mercantile
bills continued scarce, very few bills were discounted imder
3% per cent. Money for short periods was also in good d©^

The

for bullion are reported as follows:

five

1833-81.
owt. 270,651
24,418

rise in

mand, chiefly in connection with the payment of the dividends
on several of our leading railway companies; but, as it is known
that those movements can have only a temporary influenoe,
the gold shipments from New York to London, and the report
that we may expect about £4,000,000 sterling during the spring
months, has given a downward tendency to the money market.
Furthermore, the limited demand which new exists for
American bonds, the low prices of breadstuffs, and the
restricted export of most descriptions of food from American
ports, are obviously calculated to keep the New York exchange
in our favor; but, at the same time, our own export trade with
the United States has been falling off, and is now of very
moderate dimensions. If, however, the quantity of gold cornea
forward which is reported, the rates of discount in this coun-'
try must certainly decline, while on the other hand the New

The weather has become remarkably seasonable, the wind
having shifted to the east, where it seems likely to remain.
Homeward-bound vessels laden with grain from the United
States hare been retarded on their passage, and the slight
tendency to improvement which has recently manifested itself
In the wheat trade has been fairly maintained. There has,
however, been no pretension to activity, a large reduction of
stocks in granary being necessary before any improvement in
values can be established. The weather is as favorable as it
Can be for spring work, and farmers can desire but little more
except more remunerative prices for their produce. To estabYork quotations should improve.
lish an advance is still a very difficult matter.
To maintain existing rates here will be a difl[lcult process, as
The following quantities of wheat, flour and Indian corn
not only is very little gold leaving the country, but, in addition
are estimated to be afloat'to the United Kingdom, compared
to the anticipated American supplies, business, both commerwith previous periods; Baltic supplies are not included:
cial and financial, is upon the most restricted scale. The scare
Stpraent.
Lcutvetk.
Latt year.
18S2.
produced by the failure of Messrs. Thomas & Co. on tho Stock
3Bk(»«l|..i,...;...qr».l,754,OO0
1,673,000
2,030.000
2,9(;3.000
Excliange and by the shipments of gold to Australia no longer
Woift
289.000
31.%000
242.000
185.000
Indian aoro
123,000
113,000
203,000
159,000 exercises any influence. That scare was regarded as the cause
following
The
return shows tlie extent of the sales of home- of notes and gold being taken away from the Bank of
grown wheat barley and oats in the 187 leading markets of England to give confidence to prov;incial bankers, and it is now
England and Wales during the first 26 weeks of the season, quite probable that if the import of gold from America contogether with the average prices realized, compared with pre- tinuee, the provincial mind evidently easily disturbed will
be less anxious about the future. The /improved condition of
vious seasons
things, actual and prospective, seeips to exercise but little
8 A LBS.
1883-S4.
1882-83.
1831-82.
1880-Sl- influence, and it is not only in comtnercial circles, but also on
1,277,973
.~.....<m. l,6l7.^o^
1,195,929
996.996 the Stock Exchange, that busineas is upon a very limited scale.
lejr....
2,598,333
1,656,302
1,396,774
1,428.833
OaU
329,410
159,209
160,736
113,051 The fact is that the general public have lost so much money of
AVERAOB PRICES.
late years, and are so greatly encumbered with shares in new
1883-84.
18S2-83.
1881-82.
1880-81. ventures, that the Stock Exchange has no attraction for them.
: d.
».
d.
(.
d.
«.
d.
Tlie position of the Bank of England has scarcely changed
39
41 I
46 10
42 6
32 9
34 O
33 6
33 4 during the week, though the variations, chiefly owing to the
8S?f:;
19 9
20 10
20 10
21 2 payment
of imperial taxes, are important. The proportion of
Converting quarters of wheat into hundred-weights, the
reserve to liabilities remains at 40'83 per cent. There is
totals for the whole kingdom are as follows
an increase of £343,328 in the supply of btdlion, due «lmoat
1883-81.
1882-83.
1831-82.
1830-Sl.
entirely to the return of gold coin from provincial cirWheat..
.ovt. 23,388,250
22,151, .532
20,729,400
17,231.264
^PThis aggregate Is arrived at by multiplying the sales In tho 187 culation, and there is a diminution of £474,120 in the note cirmargeta above by 3is,
culation.
and that roault
The result is that the total reserve has been aug„.-:-..—
...^Itfs
••to cwt. by multiplying
fs re<lttoed'
It
^-^-

—

—

S^.

:

to4T,.

This proportion between the 187 -J
markets and the tutals for the
Is adopted by the London grain trade and lii
aooepted by "it aJ
VMdacloi; a result approximately correct.

UDsdom

mente<l to the extent of £817.348, raising

comparing with £14,033,977

last year.

it

to £18,767,941,
i

aad
-

THE CHRONICLE.

822

Annexed is a statement showing the present position of the and the
Bank of England, tlie Bank rate of discount, the price of con- sons:

IMPOSTS.
1893-4.
1882-3.
1881-2.
1880-1.
cwt. 27.710,637 31,791.745 29,899.941 28.897 658
9.825,198
9,632,030
7,391.094
7,a79 179
6,186,267
7,239,335
4,797,630
5,161242
914,471
1.108,263
894,478
1,325 383
1,295,694
1.147,709
862.192
1,137 194
13,414,144
6,924.057 11,297,023 1B,4S0!95S
7,312,687
8,013,660
4,023,919
6,688,404

the average quotation for English wheat, the price of
middling upland cotton, of No. 40 mule twist, fair 2d quality, Wheat
and the Clearing House return for the past week, compared Barley
Oats
with previous years
Peas
:

1883.

£

Beans

1831.

1883.

£

£

£

24,691.170 24,532,660
10,38.),«18
8,854,957
8,664,835 10,573,440
23,014,063 22,783,395 23,315,4>!8 24,197,181
Other dcporiits
Goyernm't securities 13,453,0H3 12,383,372 13,130,343 14,831.80S
24.M75,.i61 23.453,735 24,651, ,553 20,681.230
Other securities
Bss've of notes&coin 13,707,641 14,033,977 12,417,560 17,419,633
Coin and bullion in
both dcpai'tmouta. 22,250,336 22,975,447 21,200,220 27,678,783
Proport'n of reserve
40-83
4438
49%
38 >s
to lial>ililies
3>« p. o.
Bank rate
5 p. c.
3 p. c.
31s p. c.
101 »sd.
10238
10018
99%
Consols
378.3d.
41s. Oil.
Eng. wheat. av. price
46s. Od.
42s. 3d.
6 -led.
5!>6d.
C.38d.
Mid. Uplainl cotton.
S'sd.
OSgd.
lOijid.
9%d.
lO^id.
No. 40 Mule Twist.
Cloar'g-liou.sercturn.134,627,000 115,958,000 111,565,000 93,274,000
24,292,695

Circulation
Public deposits

2.1,259,150

Indian corn
Flour
snrrLiES available for

home coNSCMrrioN -twestv-five weeks.

188.^-4.

1382-3.
31.791.745
8,013,080

Imports of wheat. ewt.27,710,637
Imports of flour
7,342,687
Sales

XXXMIL

exports for five months, compared with previous sea-

sols,

1884.

[Vol,

1881-2.
29,899.941
4,023,949

1880-1
28,897,638
6,688,404

home-grown

of

22,595,520

21,315,000

20,088,000

16,829,089

57,648,844
Av'ge price of English

61,120,405

90,211,890

52,115,151

wheat for season. qre. 39s. lOd.
Visible supply of wheat
bush.32,100,000
in the U. 8
Supply of wheat and
flour afloat to U. K.
2,085,000
qrs

41s. Id.

463. lOd.

42i. 74.

21,800,000

17,800,000

28,00},qOO

2,092,000

2,288,000

3,126,000

produce
Total

In reference to the state of the bullion market during the
Exports of wheat and flour in five months (September to
past week, Messrs. Pixley & Abell remark
January inclusive)
1883.
1882.
Gold— There have been a few small orders for India, but no demand of
1881.
cwt. 270,651
291.713
243,979
any extent for the Continent. The Bank has received £28,000 in Wheat
24,418
79,800
sovereigns from Australia, this being the only arrival of the week. The Flour
35,916
P. & O. steamer takes £30,000 to Bombay.
Sliver— Tliere has been a bettor demand for the East, and as the
EugllNh inarket Reports— Per Cable.
arrivals of the week are again small, a further improvement in price
:

has resulted the silver by the Chill steamer having been sold at 51 i^d.
per oz. The market may be considered firm, the Indian exchanges
showing a further rise. The P. & O. steamer takes £53,000 to Bombay,
and the Nile £25,000 to the West Indies. The arriTals comprise
419,000 from Chili and £31.000 from New York.
Mexican Dollars have improved isd. in price, in sympathy with bar
silver, the rate being 49 %d. per oz. Tliey are taken for refluiug purposes, there being but little demand for China.

The daily closing quotation for securities, &c., at London,
and for breadstufl's and provisions at Liverpool, are reported
by cable as follows for the week ending March 14:

The trade for cereal produce, and
mains in a very dull and inactive
improvement, which had manifested
has disappeared a movement which

Silver,

per oz
ConaolB for money
Cionsols for account

d.

Fr'ch rentes (in Paris)
U.S. 4133 of 1891
U. 8. 4s of 1907

fr.

;

especially for wheat, re-

All tendency to

state.

in a slight degree,
very genei-ally attributed to the unusually mild weather. This has been about the
mildest winter on record.
In fact, we liave liad spring
weather, with scarcely any interruption, since the close of
Autumn, and we are now anxious about the sprmg, as vegetation is forward, and may receive an unpleasant chock. The
price of wheat is so low that to quote reduced values would be

—

itself

is

London.

Canadian Paciflc
Chlo. Mil. &8t. PaiU

Sat.

Uon.

51I16
10158

Slha

101=8
76-50
114^8
12578

The following

and Indian com
to the United Kingdom, Baltic sup-

quantities of wheat, flour

are estimated to be afloat
plies not being included

:

At present.
Plour

Last week.
1,770,000
315,000
144,000

qrs. 1,673,000

Wheat
Indian corn

315,000
113,000

The following were the stocks

1882.
2,302,000

152,000
123,000

of cereals at Odessa at the

close of each of the last three vears

:

1883.

1882.

1881.

Chelwerls.

C/ietwerts.

Cheticerts.

1,575,400
83,000
80,000
23,000
30,800
8,500
3,000

1,214.800
142.300
19,800
81,800
26,800
35.900
4,500

1,176.'

1,813,700

1,525,900

1,618,150

Wheat
Kye.
Uidiau
Barley
Oats

Last year.
2,050,000
250.000
253,000

com

Linseed, rape, millet, &c.
Peas, beaoB, &o

Total

In the following statement is shown the extent of the sales
home-grown wheat, barley and oats in the 187 principal
markets of England and Wales, together with the average
prices realized, compared with the three previous years; the
figures embrace a period of 25 weeks,

Wheat
Barley
Oats

312,335

1881-2.
1.158,864
1,354,018

154,750

151,693

18S0-1.

970.909
1,335,509
111,722

XVEKXOB TRICES.
1883-4.
s.

Wheat

perqr.

Barley
Oats

d.

39 10
32 10
19 10

1882-3.
s.

d.

41

1

34 O
20 10

1881-2.

Converting quarters of wheat into cwts. the
whole kingdom are estimated as under.

Wheat

1883-4.
cwt. 22,595,.520

1882-3.
21,315,000

d.

f.

46 10
83 7
20 10

1880-1.
s.

42
33
21

d.

7

5
2

totals for the

1881-2.
20,088,000

3538
I3314
601a

29 !»

U878

d.

t.

Wed.

Thurs.

Wrt.

51 he

511,1

10158

101%

l(il78

101

76-57i3

10116,W

102i«
76-60
11533

'8

115%

U478

1:514

126
55 18

1257s
5553
9178

xl2.'>

03%

92 14

2518
I3314
601a
291a
|I18is

25
134
60 19

2538

243^

134

291a
II913

Xll9

Tuet.

Wed.

92%

Man.

Sat.

\

d.

Flour (ex. State)..100 lb. 11 9
11 9
"
7
Wheat, No. 1, wh.
8 7
"
Spring, No. 2...
8
"
Winter, South, n
9 8
8
"
4
Winter, West., n
8 4
"
8 1
1
Cal., No. 1
"
7 8
Cal., No. 2
8
"
5 4
4
Corn, mix., old
"
4 111* 4111a
Corn, mix., new
70
Pork, West. mess.. <l bbl 70
44
Bacon, long clear, new..
Beef, pr. mess, new.^to.
94
47 6
Lard, prime West. %l cwt.
71
71
Cheese. Am. choice

61
297s

(.

11

9

11

7

11
8

9

8

8
9
8

4

9
8

8

1

8

7

8

7

11
8

9

7
8

3

4.

9

8
8

9 8

4

8
8
7

1
8

3
4 10

5
4 10

5 8

70
44 6

70 O
44 6
93
47 3

70 d
44 6
92
47 3
71

5

47
71

JH,

unmrt.
d.

t.

4 10
70 O
44
94

2454

118

t.

d.

9

55%

d.

f.

8

125

557a

93
47

3

71

410

71

00

75.500
56,500
201,000
23,800
78,550
6,000

of

SALES.
1833-4.
1882-3.
1.229,711
qra. 1,564,305
2,518,191
1,602.707

102

55 14
93

9313
Erie, common stock
251a
nilnois Central
1331a
Pennsylvania
601a
Philadelphia & Reading. 2958
New York Central
11851

difficult.

10131

11478
1257a

....

t.

101 '8
lOl's

76-.57ia 76-:

.'.51a

Liverpool.

Tuts.

1880-1.

National Banks.—The following national banks have

Natlonivl Bank, Michigm. Capital, ¥31,000
Joseph B. Millard, President; Oscar F. Millard, Cashier.

3,134—Toe First Natlon.il Bank of Peaboly. Kansas. Capital. $50,000.
Frank H. KoUock, President Willis Westbrook, Cashier.
3,135— The Citizens' National Bank of Waco, Texas. Capital, $100,000.
William Cameron, President; L. B. Black, Cashier.
3,136— The First National Bank of Modesto, California. Cipltal,
$50,000. Henry Harpur Hewlett, President; Stimpsou f.
;

Rogers, Oashier.

3,137— The National Bank of UnlonvlUe. Mo. Capital, $50,000. David
W. Pollock, President F. II. Weutworth, Cashier.
;

Imports and Exports forthe Week.—The imports of last
week, compared with those of the preceding week, show an
increase in dry goods and a decrease in general merc)xandise.
The total imports were $9,636,819, against $8,339,074 the preceding week and $9,645,264 two weeks previous. The exports
for the week ended March 11 amounted to $5,339,440, .against
$5,046,465 last

week and

$5,364,483

two weeks

previous.

The

following are the imports at New York for the week ending
(for dry goods) March 6, and for the week ending (for general
merchandise) March 7; also totals since the beginning of first

week

in January:

16,829,089

FOKEIOM IMPOBT8 AT

C^

This aggregate is arrived at by multiplying the sales In the 187
markets above by 3^^, and that result is reduced to owt. by multiplying
This proportion between the 187 markets and the totals for
it by 4I3.
the kingdom is adopted by the London grain trade, and is aocept«d by
It as producing a result approximately correct.
The following return shows the extent of the imports of
cereal produce into the United Kingdom during the first 25
weeks of the season, the average price of English wheat for
the season, the visible supjjly of wheat in the United States,
the quantity of wheat and fiour afloat to the United Kingdom

lately

been organized:
3,133—The Three Rivers

For Week.
Dry goods
len'Imer'dlge..

1881.

«3,2«4,629
6,285,563

MBW TORK.

1882.

$2,315,992
5,907,255

1883.

1884.

$3,420,429
6,884,754

$3,983,290
5,641,529

$9,530,192

$8,223,24 7

$10,305,183

$9,626,819

BineeJan. 1.
Ory good*
aen'lmer'dUe..

$26,458,413
53,518,067

$31,246,503
64,348,768

830.496.458
60,373,930

$28,982,004
56,874.678

Total 10 weeks.

$79,976,480

$95,595,277

$91,370,393

$85,856,682

Total

Mm

THE CHBONirTR

-^4.]

Tlio iiiii><)it!ili(>nH "f <lrv hooiIh at this port for tho wm-V
n.liiiK March 111, IHHl, iiii.l' Minrc Jiiinmry 1. nn<l tht< siiim- fiiclM
II. rorronp.>n(liiiK [H-riodH of 1S88, are tw follow*:
1

tlh'
.r.Ul.

tiiiK

<t

y.

f

1
t

i^rpl
|;i:;|

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iHiif

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r^.*^

;

;

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tUo

^

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3

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ercn

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ICO

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b
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^
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i;^

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»

The following is a statement of the exports (exclusive of
from the port of New York to foreign ports for tho
Iweek ending March 11, 1884, and from Januai-y 1 to date:
EXPORTS rKOM HEW TOBK FOR TRB WKKK.
specie)

1882.

1881.

1884.

1883.

•7.307,419

6V,393..'i9«

$8.iao.ioo
57.929,503

62.798,8lrt

$3,339,440
53,531,832

Total 10 weeks.' $73.7in,9!)l

«04,t09,663

470,306,235

838,801,272

rortbe we«k...i

(8.»'.!G.:)i)0

Fl«T. reported.
I

lat

1

Tl)e following table shows the cxjxjrta
the |)<)rt of New York for the week

since January
1883 and 18t<2:

1,

1884,

and imports of specie
ending March 8. and

and for the corresponding periods in

CXPORTfl kUD IXFOBTS

OP 8PB0IB AX KBW TOBK.
Imports.

SxporlM.

e«M.
Wtek.

Brest Britain
France

\8ineeJan.X,

Wetk.

All otber coantrlea.

$3,172,934

93,000

413,000

21,831

14,191
80,192

42,300
12,000

0S,767
53,731

8,i'73

36,606

133,009

$131.28!)

14,051
32,441

377,219

$G, 177,192

Tetal 1884.
Total 1883.
Total 188-2.

Since Jan.!.

.T0,02J,892

»J,710,435|

20,000
730,000

9,863,09S

2.%7,000
33,713

$2,081,354
185,611

West Inillea
Mexico
SontU AinerlOH

lo'.oVa

11,603

8,031
10,610

12,200;

36.345
69,720

3,-.;3i

All otber countrtea.

$3,257,753

$30,515
235,111
22.316

83,(i50

182,93.'<

Silttr.

Great Britain
France
,

I

Germany

Total 1884.
Total 1883.
Total 1882.

$1,068

..

J.TI2.9.18
507,3(i.<|

2.(i9.S.701

l»0,40^l|

2.307,751

2,633

37.052
14S.501
680,963
37.370
8,633
$.<)13,592

891,138
318.308

Of the atx>ve imports for the week in 1884, $8,408 were
American gold coin and f8,431 American silver coin. Of the
export.s <luring the same time !|il,i).">4,800 were American gold
coin and ^i:i,yi6 .Viuerican silver coin.
Oregon k California. It is reported that arrangements
are bemg m.i<le for the cancellation of the lease of the Oregon
& California Ruilroa'l to the Oregon & Trans-Continental t'oni-

—

Tlie latter has stopped construction, so that the conCalifornia to complete eighty-seven
tract with the Oregon
Bailes more of road by Jane 80 is not likely to be carrie<l out.
The O. T. people, however, claim that they have until June 30,
1885, to complete the contract.

pany.

&

Pennsylrnnia Railroad.

—

the annual meeting in Philadelphia the following resolutions were adojited, and no other
business of importance was transacted
.\t

:

tlin

thanks of the stookhnldirs he tnnilnrml ihoprsal-

"T illiri'idiM for lh<

Ir

111.;.'

iihil

I'unlliMii)
liitci'O^ls

ritltlifiil

liinliUKrIiient of

II

nicnt ofillvlileiids, a*
ixianl lin aiitliorltn 1 to
tlin Huims nlii:iii:vct lu Uiiir Jiiliiiucitt It stiatl be (of tbe beat
ul the sli irolioUlcra ot tho coinpniiy to do so.
>>

;.ort«
PUlHlMirar Whnfiling Sk Kentiirky.— An ox
will
that the propiiHi'il is.siK' of if.'iOO.OOO Ixmils by thi
lie guaranteed liy the I'enn.Mvlvania CVmipany, t'> « ijirh tho
lionds will be is,sue<l to pay for tho
form*!' road is le.i.sed.
i-oad Iniilt

from Wheeling

to

Uenwood.

Tho Ohio River

Rjiil-

building a ninety-mile road to I'arkersburg, to lie lliiished this spring, anil the company will permanently u.se tho
Pittsburg Wheeling
Kentucky over the first portion of the

niad

is

&

St. IjOhIs Hannibal & Keoknk.— Erwin C. Case, reoei\-er of
the St. liOuis Hannibal & Keokuk Railroad, has filed a ie|K)rt
and inventory with Judge Treat of the United St.ites District
Court. The indebtedness of the road is as follows: Juilgments,
Ija^.H'tH; taxes, $.5,051: floating indebtedness, !|;H5,H7H: mii-stionable I'laiins, :j;."),7T3; needed for terminal facilities at Ilannibal,
$100,000: total of summary, fl49,840; less available i\nsi-t»,
Tho receiver says: "The trains of
|6,641; balance. $443,608.
the St. Louis Hannibal & Keokxik Itailroad run from Hannibal, Mo., over the tracks of the Missouri Pa<'ittc Railway, a
distance of 2'8 miles, to St. Louis junction, thence over its
own road in a southerly direction 8i'73 miles to Oilmore, Mo.,
connecting there with the Wabash St. Louis & Pacific Railway for St. Louis, southern and western points. The countrytraversed by this railroad is largely in agricultural distri<'t, widl
settled, and producing annually a large amount of live-stock,
« » * •• xhis road, in its presgrain and other farm proflucts.
ent condition, with its limited supply of inefficient motive jwwer,
lack of side-tracks depots, &c., is inadequate for the rlemands
upon it. * * * Amount needed for terminal facilities at
Hannibal, three miles of main track, depots, warehouses,
The receiver would
side-tracks, &c., estimated at $100,000.
respectfully state that in ca-se the suggestions and recommendations made (in the body of the report) are followed and
carried out, the road would, in liis judgment, l)e capable of
corning a gross .sum of at least $200,000 per annum, and possibly this sum might l)e largely increased, provided the coal
products are properly developed. The total amount needed for
Ailding to this $100,0(M)
repairs is estimated at $339,750.
needed for terminal facilities at Ilannibal and $119,590 in<iebtedness, and the total needs are $449,340, less lO.Ml available
The receiver also filed a petition asking leavo
aflsets on hand.
to issue debentures for an amount sufficient to cover the above
expen<bture8, these debentures to be in the nature of receiver's
certificat(>s, and to he a first lien upon the road, preceding tho
claims of the bonholders."
Judge Treat granted the request of the receiver, and he is empowered to is.sue $.'}00,000 of certificates at once, in sums of
$1,000 each, interest not to exceed 7 per cent, and $300,000
more may be issued as needed under further orders of the
Court, these certificates to be used for needed repairs, improvements, &c. As to the floating debt and other demands, consideration thereof is reserved until the same shall have l>eeii
presented and adjudged. When applications are ma<le for payments by the receiver for part indebtedness, they must be presented to the Court for adjudication, except that the receiver
may pay to the employes their current wages falling due.
,

—A new

bank ha-s just been organized and started in this
the corner of Third Avenue and Fif ty-seveivth Street, to
be known as the Nineteenth Ward Bank. The bank is organized
under the laws of the State of New York, and its management
is composed of gentlemen of long experience in banking and
commercial circles.
note such names as Samuel II. Rjithbone. President; Douglass R. Satterlee, Vice-President anil
Cashier: Martin B. Brown, William K. Soutter. George H.
Kendall, Vincent R. Sclienck and others. This institution will
no doubt meet a want in a popular section of our city but little
city, at

Germany
Weet Indies
Mexico
Soath America

uiritlrn of

route.

&
?
M

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ItrtulMil, Til
Inillnttnil In II

m

:

823

We

blessed with good banking facilities,

—The

CHRONICLE are in receipt of "Burdett's
from liondon. This volume. pul>llshed annually, is i.ssued under the sanction of the'Committee
of the London Stock Exchange, and is compiled and edited by
Jlr. Henry C. Burdett. Secretary of th^ Share and Loan Department. The work is probably the most complete book of its
class published in the world, and gives a summary of information regarding the numerous shares and bonds dealt in at
the London Stock Exchange. The work is thoroughly organized, with a comprehensive index, and Ls well worthy of a
place in tho offices of bankers and brokers in this country. A
copy may be examined at the office of the Ciironiclk, and
parties d^iring to purcliase can then order direct from London.
editors of the

Official Intelligence," 1884,

Anctlon Sales.—The following, seldom or never sold at the
Exchange, were sold at auction this w^eek by Messrs.
Adrian H, Muller & Son.

Stock

Shares.

.iharet.

100 Brooklyn Trunt Co
201>a
80 Mi-tro|Milltan C!as-I.lt(ht
roiniiiinjr

Ids.

2259225^ 300

16 Brooklyn rias-Licrlit Co.. 133
30 New York Mutual (Ja4Co.ia0>a
lOBtiiyvesiint Sate Deposit

Company

72 Great Western (Uarloo)

$6

Co

Cent. Ameri'n Transit Co.

Bondt.
$3,000 Bleerker Ctrt-pt and
rultnn Ferry Railroad 1st
1119|a2Ml
7«,due 1000

90
1<4

THE CHRONICLK

324

'ghz jankers' da^jette.
Per

When

Cent.

Payable.

Railroads.
Dnbnqiie & Sioux City.....
Lehigh Valley (quar.)
N. Y. Central & Hud.Riv. (qnar.).
N, Y. & Har. com. & pf. (city line).

Miscellaneous.
Western Union Telegrapli

(quar.).

Books Closed.
(Days inclusive.)
April 1 to April 16

2

April
April
April
April

1%

April

15 March 21 to Apr. 1

2iii

2
2

March 18 to
March 16 toApr. 20
March 10 to Apr. 1

NEW YORK. FKIDAY, MARCH

14.

1884-5 ^91.

The Money Market and Financial Situ-ation.— Sonio
of the symptoms of " spring trade " are to be seen in tlie increase of the imports at the port of New York, which have
been from 10 to 12 per cent larger in the last two or three
weeks than previously, and though the distribution of goods
to the interior and country merchants is on a comparatively
small scale yet, there is reason to expect improvement before
long, from the fact that the stocks of goods throughout the
country are much smaller than usual. The chief obstacle,
however, to a pi-ompt improvement in the whole commercial
and financial situation is that the exportable products of the
country do not find a ready market. The visible supply of
grain in the United States is larger than ever before at this
season of the year. At Chicago alone -it is estimated that
there is $30,000,000 locked up in bank advances on grain
and provisions in store, and yet with tliis large stock of
grain in hand, which must find a mjirket abroad if at all, we
have exported in the last three weeks about $9,000,000 of
gold, which makes it evident that Europe prefers the latter to
our breadstuflfa at the present prices.
The export movement of specie seems to have about ceased,
at least for the present. The total exports since Friday, the
8th, have been insignificant, and there are no engagements
to-night for specie for the European steamer going out to-morrow, the 15th. The immediate causes of the cessation of gold
exports were the reduction of the Bank of England rate of discount on Thursday to 3 per cent from d>4, the consequent
decUne of 14, cent on the pound sterling on short bills, and the
marketing of about $1,500,000 of bankers' demand bills by the
Bank of Montreal and Messrs. Kennedy Tod& Co., on Friday,
In connection with the Canadian Pacific affairs.
The money market shows some faint symptoms of stiffening,
though it has not been made manifest in the quotations, except
for discounts on mercantile paper, which were advanced ten days
ago }4 cent to 5 and .53^ for single names, and the same this
week for double names to"4 and 5. Time loans on collateral of
dividend-paying stocks can still be had for any time less than
9 months at from 3}^ to 4 per cent, and on mixed collaterals
at 4 per cent. Call loans on stocks have continued at from 3
to lU per cent.
The last statement of the New York banks showed an increase of $3,841,300 in the loans, which is presumed to have
been largely upon railway stocks which have been withdrawn
from the stock loan market and used as collaterals for loans at
the present low rates, in anticipation of an increase in the rates
portion, however, is of course due to the usual
later on.
increase of accommodations to merchants incident to the
spring trade. The concurrent and nearly equal decrease of
deposits and of specie partly reflects the export movement of
gold that week, though this item counted only in part in the
last statement and may be expected to affect also this week's
return. The decrease of surplus in the week to March 8th
was $.5,879,300, though this still left it at $12,820,675, as
compared with a deficiency of $5,166,150 at the same date
last year.
On Thursday the Bank of England, as already stated, reduced its rate of (tiscount to 3 per cent from 3}^, owing to the
continued gain of specie on balance in the foreign movements
of gold. In the same time the reserve in the Bank was increased to 43 7-16 per cent of its liabilities, as compared with
38% per cent a week before. The gain in specie for the week
was £883,000. The, weekly statement of the Bank of France
showed a gain of 1,300,000 francs ii^ gold and ;a decrease of
1,100,000 francs in silver. The Bank of Germany showed a loss
of 8,207,000 marks in specie for the week.
I'he following table shows the changes from the previous
week and a comparison with the two preceding years iu the
averages of the New York Clearing House banks.
i

A

.

.

1384.

Mar.

8.

DitTer'nees fr'n.
\

previous week.

1883.
Jfor. 10

1882.

Mar. 11.

|

Loans ana diR W48.279,900 Inc .$3,841, 300 $325,130,000 $313,715,800
55,8~8.5f
51,519,701
71.898.100 Dec 4,950.100

Specie

Legal tendxrfc
Legal reserve
Beaerve held

19,990,600
16.609.20(
106,00*
14.612.800 Inc.
355.08 "1.300 Doc. 4,6K6,40n 298,411.400 286,042.7'
1 6,510.0'
17,917,000
29.693.9 10 Dec. 2,095,800
*88,771.325iDpc $1,166 600; $74,602,850 $71,510,675
72.19S.500
69,436,700
101,592,0601 Dec. 7,045.900

Barplus

$12,820,675 Deo .t5,879,300! •35,166,150

Clronlation..
Net deposits

$687,825

Deficit.
.

Exchange.—The market for sterling exchange remained firm
a week until Thursday when there was a reduction of ^
cent on the £ on demand bills. The rates for 60-day bills

for

remaine<l unchanged though the market has been less firm in

two days. The supply of commercial bills is, however,
comparatively small, Tind this is the principal element of
strength in the market. Posted fates on Friday, the 14th, were
theilast

4 87J^ @4 90, against 4 87i^@4 W)% a week previous. The rates
for actual business to-day were as follows, viz.
Sixty days
4 86i^@4 8(i%; demand, 4 89@4 89i^; cables, 4 89K@4 89¥'.
Commercial bills sold at 4 Sr>@ 4 8oi^,
Quotations tor foreign exchange are as follows, the prices
being the posted rates of leading bankers:
:

DIVIDENDS.
Namt of Company.

XXXVin.

[Vol.

March

14.

Sixty

Prime bankers' sterling bills on London.
Prime commercial
Documentary commercial

4

4
5

Paris (francs)

4 90

85%
85M
16-'9

514aa

40 14

Amsterdam

(guilders)
Pranltfort or Bremen (reichmarks)

United States Bonds.

Dayt Demand.

4 8719

403b
95^8

9514

—Government

bonds have shown

scarcely any fluctuations during the week, and, with the exception of a decline of ig in the 4i^s, prices are precisely the same
as on Friday, the .7th.
The closing prices at the N. Y. Board have been as follows:
Interest
Periods.

..reg. Q.-Mar.
.coup. Q.-Mar.
-.reg. Q.-Jan.

4>«b,1891
Iis8,1891

Mch.

Mch.

Mch.

Mch.

Mch.

Melt.

8.

10.

11.

12.

13.

14.

11339
nsM
11314*11314

11338 nir.14 11314 II319
Iic38i^u3i4:^ii3'4ni3i8

•122% 122'8 122?1,^122%*122^,M22\
.coup. (3.-Jan. 123% 123^4 *123% 1235il 123\;'123%
•101
•101 •101 rioi •101 ,•101
option U. 8. ...reg. Q.-Feb.
•129 •129 »129 •129 '•129
6s,cur'cy, '95. ...reg. X & J. '129
•131
•131
•131 .•ISl 131 inai
'96.
6s, our'cy,
...reg. J. & J.
•133 •133
'133
'133 -133
reg. J. & J. *133
6s, cur'oy, '97.
•135 *135 j*135i3i»135
135
•135
reg. J. & J.
6s, onr'cy, '98. .
•137 •137 ;^137 1'137 |'137
6s,our'oy. '99. ..ree. J. & J. •137
4s,
4s,
3b,

1907
1907

- - .
. .

.

•

This

is

the price bid at the uioraiug board : no sale was made.

—

Sub-Treasury. The following table shows the receipts
and payments at the Sub-Treasury in this city, as well as the
balances in the same, for 'each day of the past week
U.

S.

:

BcUaTicet.

Payments.

Beeeipts.

Date.

$
Mch.
"
•'

"
"

"

8..

10..
11..
12..
13..
14..

Total...
•
t

i

Coin.

$
779.148 45
2,408,213 34
840,505 61
1.083,410 74

Ourrencf.

$

123.047.185 79
122,009,038 49
122,630,457 42
122,534,235 98
729,267 21
1,030.138 88 122,404,889 57
881.164 57
1,135,300 89 51,467,457 57 122,037,512152

•2,034,564 18
1,451,365 50
1,815,268 62

1

8,047,430 97

$
10.701.911
10.783.209
11,136.552
10,878.630
10.858,682
10,891,402

71

17
a.?

16
26
63

7,609,194 59!

Tnclndes .'?600,000 United States notes received from Washington,
Includes *;l.000,000 gold certificates tnUen out of cash.
Includes $452,000 gold certlflcatos taken out of cash.

State and Railroad Bonds.—There was only a moderate
volume of business in railroad bonds during the week, and on
but
tlie whole less than in either of the two preceding weeks
prices have been firm, and there were more indications
;

a legitimate im'estment for the better class of bonds
Aside from
than of speculation in the cheaper class.
the marspecial
features in
this there have been no
ket. The foUovring are the most prominent changes, viz.
Advanced—Louisville & Nashville general mortgage 6s, 2 per
Buriington Cedai
cent; Jersey (Central debentures, 2^
Rapids & Northern firsts, Ihi Jersey Central consols assented,

of

:

;

;

lU New York Cliicago & St. Louis
New York West Shore & Buffalo
1
;

;

1

;

St.

Louis

&

Omaha

firsts,

%

1'4;

Rock

Island

68,

Iron Mountain 5s,
San Francisco seconds. Class A, 1 St, Paul A
5s,

;

;

&

&

St.
Texas consols, h{; Mil,
consols, J^ Kansas
Navigation firsts, >f,
Oregon Railway
;
Paul consols,
and Union Pacifip firsts, ^^. Declined— Erie second consols,
Danville
Rio Grande consols, 3 ; Richmond
i}4 Denver
;

;

debentures,

Elevated

&

H
&

1

;

Wabash

general mortgages,

%

&

and New York

;

firsts, }{.

State issues were quiet but strong; Tennessee 6s, new series,
sold at 411^; do., mixed, at 41i.^@43; do compromise at 49;
and North Carolina 6s, special 'tax, at 3; Georgia 7s, gold,
1151^(3115; Missouri 6s of 1888, 108; South Carolina Browne
consol 6s, 106.
Railroad and Miscellaneous Stocks.— The stock market
was adversely affected during the three days up to last
Wednesday by the exports of specie last week and the expectation that they would be large again before the close of this
week. There were also rumors of trouble in the Trunk-line
pool, which were practically acknowledged to be true by the
fact that on Thursday there was a general reduction of 10
cents per 100 pounds on all grain, provisions and meats in the
east-bound tonnage of the Trunk lines. On Wednesday, however. New York Central became a feature, owing to the
scarcity of the stock incident to the maturity of a large
amount of seller 60 sales. The stock for cash and immediate
to }4 P^^.F^
delivery commanded a premium of from
over " regular,'' though at the same time it was from iM.tf>
The ad2J^ below the regular on seller 5, 15 and CO day options.
vance in New York Central had the effect to strengthen the
whole market, which on Wednesday closed generally higher
and retained a part of this strength during the next day.
On Friday the reduction of freight rates ordered by the TruijK
marline managers had a temporary depressing effect, but the
a
ket quickly recovered, and during the afternoon raanife.stea
strong upward tendency on some of the leading special^M.
The result for the week is generally higher prices than on Fnday of the previous week, though there are a few proniinent_MThe
ceplions, like Central Pacific, Union Pacific and Erie.
Oregon Railprincipal advances are New York Centnal, SK
Trans-Continental, l?t.
way iS: Navigation, 1"^; Oregon
and Pacific Mail, 2^.

M

;

&

Tin
TURK STOCK EXCHANUK IMIICEH

SV.W

niOHRST
BTOOKn.

KAILROADH.
1

"'". prof.

'

Bm
0»m

N»

«

"ii"

-

Ch>'«..i
|i<>

lutprai

l>,i

3<lpnit

H\,
•'

H
''«>

51)

MSi

fl3\

S3',
HH'a
57*4

Uiilnor.
ruiil
pr-f.

'

k rulnniUt
1.0UU .K IMtr
i

Pkol Minn.

I.

117

rj

.

31
30

.'

«

(U.

PmiI

I

prof,

W'J>i

A T*tft!* OontTHl
•

4 P.O.

t..nis

'is" 'is^
NuhTlllo
N ow Albany <ft Cblc.
•iS7>ii58vi
Manhattan Eleratod
latpref..

Do

common.

Manhattan BoachCo
MomphUtft Ch irlt^ton

Motropolttan Kh'Viito«l
Mlchlfrnn (.'ontral
Mllwaukpii I,. Ml. A Western.

Do

pref.

A

Mlnnoapolls

DO

Lonta

St.

nret.

Mlano'i-^ if,.,..,o

T«x«a

,ft

Mnlil

Morr.
ITa«tr.

S»w ^
How
un
l)rel,
New York EloTatert
New York tjiok. A Weatern..
Now Yoik I.ako RrloA Woat'n
Do
prot
Mow York A S«w Knulanu
Now York New HarenA Hart.
New York Ontario A Western
Now York^uaq. A Woatom...
Do
pref.
Norfolk A Western
•.

aa
33

23
S3

•03 >»
•DO

0»
93

•30
•18
•32
301,

38
17
35

Ohlos.v^ih.rn
Oreg"T

68>4

':v-ansrllle..

Ptifla.;

.iillng

20 <4

.1

•iso" 182
10

RIohmoiDl
Rlchmonil

A

11<«

Louis Alton

Do

A Terra Hante

3

46 Hi
3

•23>4

33>9

18Hi
14>4

19>a
15

68

58^

38>a
13<k
•40

a8<a
14

•22

Do

...

pref.

Do
Istpret.
Bt Paul A Dnlnth
Do
pref

Minneap. A Manitoba.

TezasAPaclilc
Dnion I'iultlo
St.

Ia>uIsA Paolflo...

I'"

25
43

prof.

43

Arii.-iir.,,. I
I'.iiil.!.. x-

.'1.

A

93>4

94

19^ W'^
79»4
ISHi

80=,
16>i

26 >« 36 >4

aoo

IllCO
.Vav.Co....

86

86

I'a.

;n,ici'

<

Co

ar

ftnloksUver Mining

Do
prof...
_
Western Union Telegraph.

Adams

44

130\

48

174

BXPKE89.

Amerlean

'

........'

Unlterl .states.

Wells, KarKO

A Co

*13

111

14

•I.'

90
88

1HS'«135»4
r-!4

I'-'l

OP,
117

1)1

23%

',

36 {
37

16

13(J%1.3M%

39A

INACTIVE STOCKS.

123', 121
90=4 «J\

'%
-%

•9

10

•38
•28
SO
31
30'^ 80^
92'a 98^ 93
67
6«Hi 88

.30

IQla

-.J

0%

11

•27

31

93 >4
67 '4

,"•

80

138

1,600
3,13
3,847

130
•96
•110

ISO
99
60
114

60

•6

7

11)2

192

•42

50

6%
•193

6%

68
20 138

138

87>«
•91
58HI S8>a

•40

200

45

130M31

57'«
•91
68>3

67V4

67

67

5aHl

•91
'58
2IH1
"34

69

22 \ 23
34

•33
34
•93
99
91>a 9t>a

33
93

•37
•16

38

37

17
3S

•lU

17

•33

34

33

191^1

20

91
1*

19<<,

91%
.37 «

-18
•32

36,150

87%

•91

•56 '(
•91

•58% 59

•68% 60

•22

13
180

180
10t(
•5

10^

23

23

•93

99

37% 37%

33

17

•16%

35

•32

20% 20%
91%

•12%

BH
•6^4
16

U

•9

126
54
122

9%

18%
24=4

6,ioi
32,430

9%

16% 16%

5%

21's

46

21H
47

2»«

23^

2»4
22>4

8

8

18', 19^
15
16 Hi
57', SB's
3»«

3=4

58Hi
28=4

68>s

13=4

29 >«
14

•22

24
43

43
Hi

21% 21%
46% 46%
2% 2%
22% 22=4

20'«

21
20'a 21 >4
46"%
46 >« 46'^
2',
2',
- .
2',
2'a
33=^ 23^ •22=4 23
u
I8H1 18',l "l8»iT0"«
14 'a 14', '14>9
iT» 58
67', 68H1
1301a 130 Hi

46

81

126

92% 92%
33% 34%

680

38>s
13=1

I3S

•20

42\

13%

•40

181

6%

42=4
....

35

35

83=4 94

93 >3 93=4

I8H1 19'«
t78>, J81",
I6H1 I6H1
26>« 26^

181^ 18=4
76", 78
16i« 161a
36
261,

%

68%

60

22% 22%

•42
•87

46

...

46

...

94

26',

l«Hi

•15=4

.300
85

85^
604

26

57=4

67=4

1B'<

186

42
83
60

129 ISl
97 >a 98
•67
60
116 lis

•160

200
600

99
60

'IIO

115

139% 130
98
•68
•110

16

6,750

347

•57

98
60

•67

116

'110

114

110

1,292

87

1,460
34,270
1,663

98

130
98
60
114

306 138
847 91
10 56
10 105

80% 80%

Crnlr.'l Coal

76%

260

146
15
143

'9

•368

8>
10

•9

10

'365

46 >s

4(g

•9

10

265
44 »,

46%

•9

•These are tbe prices bid and asked; no sal* was made at the Boud.

•366

t

68

86%

13

36

40% 68%

35
69

Jan.
Fob. 25

30
38

68

93%

Mar.

7

59
23
40
96

Feb. 18

80
38

90
63

63%

Mar. 11

12% 30%

Jan. 11
Mar. 6

76

04% Mar.

33

4!

10

68

96%

100%

77
10

Jan. 7i
38 Jan. 4 36
18% Jan. 7- 16%
36% Feb. Ill 33
23% Jan. 61 19%
96 Feb. 11 86
11 Feb. 7I 10
27 Jan. 291 120
58 Mur. 14 60%

32

10%

Feb. 15
20=4 Feb. 14

28% Jan.
71

6

18

48%
30%
68%
34%
106%
139%

64%

Mar. 13 111% 138%
7

18>:

13',

90

88
108

83% 88%

6

26',

Mar. 3

73

40%
83

17%

7

169

6
7

16%

Feb. 38

18% Feb. 16
Feb.
Fob.
Jan.
67% Jan.
3% Jan.
34=4 Jan.
8% Jan.
34% Jan.
17
Fob.
60% Fob.
11

42
27

iV'
10

38
15
7
7
7

33
49%
33% 63%
49=4 90%
2
21
7

5'

28;

14%
36%
14%

20% 89

71

38

13

4

46% BIS

33!

61

47

32

31.

16%
47%

14

Feb. 14
Fab. 16'
Feb. 4
Feb. 29
96 Feb. 5
23% Feb. 13
46 Mar. 13
90 Jan. 5
33=4 Jan. 91
90 Jan. 26'
09 Jan. 7
23% Feb. 11
.10
84% Fob.
19=4 Jan.
33 Jan.

•9

II

•2BS

...

42% 43%

46

43% 46%

Loww

prlos la ax.dinilsnd.

18

78%

t

83 ouh.

7
11
6

Fob. 10

Jan. 31 1.32
Jan. 3 101
Jan. 3 61%
Jan. 33 lis

Feb.
Feb.
Fob.

12'

73
S9

38

11

80

103

20% 36%
40
89%
87

100%

33
90
94

168%

40%
87<

17%
70%
15
29%

43

104%

38%
87%
67
69%
118% 140%
14
39%

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

Jan.
Jan.
Feb.
Fob.
Feb.
Jan.

30

7 135
7 12

33 13
34 163
11
S3
31 SO
39 83
Mar. 4 145

2

112% 134
5

30

9%

46%

71% 88%

138% ISS
88

86%
7
Feb. 13 113

94%
•8%

18 'fl
13
36
16 140
11

31

31

60

Mar. 10 T7
Mar. 4 138

Jan. 11 22% Feb.
Fob. 1 145 Jan.
300 19% Jan. 7 22 Fob.
30 Feb. 14 31 Jan.
8% Mar. 8 11 Jan.
9% Jan. 38 10%Jan.
364 Feb. 19 204 Feb.
3,830 a9%Jan. 3 49% Mar.

31

10

316
46

83%
84%

148

17% 35%
13% 33%
92=4 114%

134% Mar. 3 139% 138
Mar. 6
5 Jan. 11
4
18%

71% Jan.

30,096

60

8>a

300

4
4

103% Fob. IS 117 Jan.
4%Jan. 21
6% Fob.
35%J»n./2I 32% Feb.

ISO
83

11

51% Mar.

76

10%
46%
97%

Mar. 4 61% Jan. 8
3 126=4 Feb. 29
21 17
Feb. 35
105 Jan. 4 114 Feb. 11 103% 113%
14% Jan. 16 17% Jan. 10, 15
38
122% Jan. 7 170 Feb. 9 55 126
38 "Jan. 22 65 % Jan. 7
56
91%
78% Jan. 30 1 12 Jan. 28 90 ISO
40=4 Jan. 21 53% Mar. 14
28
44%

9

83

4i

141

10%Jan.

11

83

5
7

46
6
38
73
100
60
124
77

I

87

129% 129% 130
98

I

67

130

108% 100
•15% 16%

4

13
6

n9%Jan.

2,366

15

r.

16
16
7
40 Jan. 15
88 Jan. 3
30 Jan. 16
37% Jan. 36
84%Jan. 31
25
Mar. 11
89% Feb. 16
84 Jan. 26
15 Jan. 19
60% Jan. 2
12%Jan. 21
24% Jan. 21

96

124% 134%

98
60

Virginia Ml.llanil ...

Pennsylvania Conl
Spring Mountain Coal

3=4

2

Jan. 6
Jan. 24
Jan. 21
Jan. 24
Mar. 12

62% Jan.
36% Jan.
13% Mar.

1,400
3,760

200

81% 87%
61% &2=S

84
50 •

98
BO

13

51%
38 130%

30

42

129', 139',

16%

32,650
1,590
41,760

334
610

26

14
IB
.Mar. 7
Jan. 1"

7

60

26%

Jan. 19

Jan 16 02% Mar. 14

31% Feb.

300

•22
•42=4
•87

96

Jan.
Jan.

2% Jan.

870
1,100

19% 19% 19% 19%
6,866
77% 78% 76% 78% 178.870
16% 15% •15% 16
920

58
63
68H1 68H1
124 « 124 Hi 124% 124% 1'24%124%
•13
•13
15
12
12
16
1081^ 1081a 108 Hi 107>4 108% 108=4 109
•15Hi

3

94%

18% Jan.
85% Jan.

24
16
33
21
21
25
22
19

3'aJan. 34
13 Jan. 18
10 Jan. 29
36=4 Feb. 7
18=4 Jan. 26
40% Jan. 23

10

93% 94
19
19%
77
77%
16% 16%
25
25%
59% 69%

11

12

1,280
17,826

19 % 20 ,
16% 15%
67% 68%

•44

10

33% Mar.
66% Jan.

600
100

33%

7]

31

17% Jan.
111 176
181% Mar.
8,733
8'aJan. IB 16% Jan.

28% 38% •28% 29%
13% 13% 13% 14

38Hi
13',

22% 32%

36

•87

19% 20
15%

IS

58

8%

Mar. 12 197
Jan.
Feb.
Jan.
Jan.

85

40

•2%

8

46

81,510
100

40%
21% 21%
46% 46',
23

15

76.936 llO'sJan. 17
8% Jan. 22
700 16=4 Ji^n. 21

18% 18%

6=»

1.-,

Jan.
Feb.

8% Jan.

•10% 10%

10>s

Keb.

14% Feb.
61

21%

897
20

"is"

17

6

100

53
119=4

•8=4

8%

22

Jan. 18
Jan. 26

Feb.
33% Jan.
14 Jan.
31% Jan.

"406

16=4

118%
'105

135
92

200
780

11
125=4

125
68

10% 10

6

200
410

34%
19% 20%
90% 91%

181

6
17

1,010

38

.1' 131%
21% 51%
4% 11%
11% 23

,i

10=4 Jan. 17

42=4 Jan. 21
17% Mar. 10
40 Jan. 22
82 Jan. 21
42 Jan. 23
15 Jan. 3
32 Jan. 10
90 Jan. 8
85 Jan. 2

1.200

91% 91%

7%

2;.%.l»li.

61 Jan.
28 140 Feb.
.Mar.
11 86
81%
15
31 20% Jan.
16%Jan. 21 19=4 Jan.
93% Jan. 17 104=4 Mar.
66 Jan. 3 77=4 Mar.

20

91 », 91',
17
•32

I2I4

13>«
181 181 >a
ia>s lOi*

67
24
34
100

34
-93

35
20 H,

20

1U=4

48%

66%

21<s
36
•93
99
91', 91',

93

48
20

142

40
6

400
81,803
4,616

84

1

6% Jan.

67

77=4

,1

17% Mar.

44
960 130

17% 17%
102% 103%

66

113%

i

114%.;i,

10 193

•41% 45
131% 131%

Ian.
3
i>ti II

I

I

I.

1

200

76%

48% 40

VfiiVs'a

47H; 'if'i

7%

•6%

27%
88%

133

Obleaco A Alton, pref
gOlnnbla A OreenvUlo.prof...
•nbnty A Norwalk
Dnbuqne A sioux City
JoUet A Chicago
Oregon Short Line
Kon asel aer A Saratom
Borne Watertown A Ogdenab.

Hsw

I

57%

11„

luii.

30% 31%
92% 93%
67
09%

Albany A .sasquehanna
CMarralla A Minnesota
XMatni Iowa

HomestAkn MIningCo

137%
:-!%

117'4ll7Hj

117

6OI4 60S
60>4
60% 61',
61% 53%
109 109
108=4 108>!4 108
108=4109
108=4 109
108=4 109
109
•5
•5
•6
•4=,
•6
7
•6% 6
7
7
6
7
•31
•24
•24
•34
•26
•34
30
SO
39
30
30
39
74
74 Hi 75
74=4
74%
76%
741a 74',
74%
76%
75%
74S

•67
, .

48>a
17'a
67'«

I6H1

160

I

1

•40
130

108^
•IJia

Co..

^

'

--^l-j

-.•

124<4l24>i 124 >4 124
•13
•13
15
15

.li

,

Vntii'

«>»4Jao.
iJaa. 17
Mar. ij
1|
Ian. IP
Ian. 18

•23% 26%

,

34V

•42

'•6>»"7'i

Cable Co

M.Ti-hants' Tel....
•'
'' —
'

Dela»

PuliiiiHii

91 Hi
64 'a

•87

•87Hl

MIsrF.l.l.ANEOUS.
Coiur;i'

03>4

30 "a
SO
93
66

60

pref,

Bt Lonls A Han Francisco

Wabaah

63% 64%

tngk

.

J

4.1011

39

Danvllln

A West P'tTenn'l.
Rochn.»ter A Pittsburg

M. Panl

Dl'a

•16

A

>i

13

lllu-IKl'i

-9

10

80

68\

:n no
Chlo.
AllfKh.. st'k trust ctfs.

Plttab.ii K

10
"28

30 >«

13

46

'ntlnental..

P«oBa

I

7

%r

I

89 °g 00
90
90',
90=4
91 >a 80'', 90Hi
•9
•10
*i)
11
11
125 Hi 125 H) 124 Hi 125 Hi 125>4l35''h •126
134 la 136
•53
•52
•63
•61
•50
64
64
64
54
116=4 117', 116'alI8>a 117=8 12H4 119
116^4 117
•8 Hi
•8=4
•8=4
8",
•8H1
•8H1
8'4
9
•18<« 19
IK'S I8H1 'IT* I8\ •18
18^ 18%
105 125
105 12S
105
105 136
105 135
92
91^ 91^ 91>a 91Hl 91
91
91>« 91I4
24'^ 34',
23', 34 >a
343, 25 >,
23%
34>a a4>t

31VI 311,

Mi.isl.Hslppl

Rich. A

31

3U

prof

NortliPm Paciflo
Do
pret
Ohio ri-nlral

Ohio*

•91
'iSia

90^

MlB.-.

Do

uj

70

I'ow.

ss-- ?§>.
13
13

•40 Hi 44 Hi •41
41%
131=4 l:U =4
130=4 131
81 ^ 86 >s 84^ 84^^ •84 H» 86 •84 Hi 86
86
86
•16
•16
•16
•1«
'IB
17
17
17
17
17
•17
18
17
17
17'a 17'a
*16Hl 18
103 -^ 103', 101>«lu3\ 10!'^102>« 101=1 103
102=4 103%
•73 Hi 74
74
73^4 73=,
74H 74=4 76

.MluonrI RlTor

Do

ll<a

900

iai" isi"

A'oofn

til,;'

A

n

Ml)
•38

"'i'i'a
•103

ILirl.

LouLivlUc.
Lootav Ulu

iiu'-j 11(1

''

81

100

Yttga

18B4.

nicliest

80%Jan.

U«

128^ ia7>«138Vi 138^l'37Hi 126Hi 138^ 137% 128% 127% 138% 193,490
18'4 18% •17% 18%
17^ 17S 17Hi 18
18>,
17^ 18
7.290
•7
•7
7'»
714
•7"«
7'*
7%
600
S"!
7
7(4
Ta •7
•12
13>4 12>g •13
13
12% 12=4 12% 12%
•la^ IS
18
850

prof.
ilo

A .t

\nKf

>^4N

73
64% 64 >4

ia7>4
17>g

:icl«

Et.m

Lowast

1.

18S4.

I,

<"! IIH\ 117i« UH', 110^4 11714
117', US', 117=4 118% 117% 118%
140<4 UOi-j; U0\, I4(l'<| 141
141
141=4
141
Ul
142
120", 120", 123
122
V20>t 131
1-'1H|121% 120=4122%

'.,

I.

i\ii>,

^'t

5H',

MB
M5
17
17
17
14
ISN
•134i»13»>»
_
13SHi
13S>ilSS<-i M3.'>
I'i3\ I'JlKi l'J3'.jia3'.j \r.l\ 134
h'.I'h
wi\ l'i)i, l)l<V
UO'.j Ill's,!
81
Ul>9
117

73

BH'

•iSHi

."^t.

:

MV
94'

'.,....

Chlr»ui> >tll\rnilk(*o

New

M\
"••

rfS'J'MV

113

,;..lo

it

(Mbans).

Manrnt

JAN.

Btac«BU«« Jm.

J0«

lofilj!

u

!...

-

83

•«4^ ntN

riii>iiito -^ Alton
Chtt'itK'* Ittirllnffton .t

Bt.

iL

AND MKCE

ItoWMk
rrkUf,

Wk.

ruey

Cm:

(

Miiroh

16.

'W

l'»li.

Orir

Muoh

».

^•"IW.

II,

_

Alahlaoii I'liiirkk.t SiiiiU Fa..
B<i-'"

I,OW

AIfl>

825

>VKKK KNlllNU .n.lliCII

t'Olt,

TuMiiUy,
Mttvli

TTRONICLK

(

19
13
12
34;
4
311

93
138

19

sa

15

34

30

31
19
14

139yi48%
8

9

IB' 2(tO

5

68%
70%

3MH

99 %| S0%

'

THE CHRONICLE.-

326

xxxvin.

[Vol.

QUOTATIONS OF STATE AND RAILROAD BONDS.
STATE BONDS.
BECtTEITIES.

Bid.

6s,

A, 3 to 5. 1906.
A, 3 to 5, small
B, 58, 1906

S2H

81>a
81

101

102 lal

80ia!

1908
10-208, 1800
C, 48,

103

funrted, 1899-1900 -.
Ft. S. !sa.
L. Rock

&

Memi).& L.Kock

20
20

R.l'.B.&N.O.RK
Miss. O. & R. R. RR.
Arkansas Cent. RR.

L.

?a*oon80l., 1914

72

£x-matured coupon

New

671a

gold,
loan,
loan,
loan,

Do

1868-1898

bonds, J.&J., '92-8

A.&O

Do
Chatham

110
112
118
110
110

RR

Special tax,cla88

Do
Do
Do
Do
Do

109
109
1891
113
115
1892
117
1893
SO
N. Carolina— 68, old, J.<& J.
30
68,oia,A.JiO
No Carolina RR.,J.<&Jt 100
160
Do A.&O
6s,
68,
68,
6s,

77>a

small

due 1888
dncl8S9orl890..
Asyl'm or Univ., dU6'92
Funding, 1894-95
Hannibal 4 St. Jo., '86
"87
Do
do
6s, gold, ro!?., 1887...

9

78, new, 1886
78, enrtorsed, 1886
78, gold, 1890

Ponding act, 1866-1900

108
107

dnel887

conn., 1887.

10
10

12
12

16
1«

_

3

5

6s,

W.N. C.RR.

new

series,

42%
42%

1914

C'mp'ml3e,3-4-5-68,1912

o

85

83!.,

,

Small

Hi's

Oliio68,1886
Rliode Island—
6b, cbnpon, 1893-99

40
40
40
60
41
52

68, new,]866
68, new, 1867
68, consol. bonds
6a, ex-matured coupon
6s, consol., 2d series...
68, deterred
District of Columbia—

5
6
5

3
3
3

W'n.&TarB

Consol. 48, 1910

.

Virginia— 6s. old
3

Western RR...
Wll.C.&Ru.R.

Ask.

4
non-fundable, 1888.
consol'n 68, 1893 105 14 106 >»

Brown

Tennessee— 68, old. 1892.8
68, new, 1882-8-1900 ...

1, '98-9

class 2

to

Bid.

South Carolina—
6s, Act Mar. 23, 1869

Do 7coup'soff,A.&0. 135

New York—

20
103
105
105
llSia

tS(eorgia-68. 1886

n.

16

ll>a

BR

SECURITIES.

Ask.

Bid.

N. Carolina—Continued—
N. C.RR. 7 cp'soir, J*J 135

78,1890
Missouri
6s, due 1886
6s,
6s,
68,

Arkansas—
6s,
78,
78,
7s,
78,
7s,

SECURITIES.

Ask.

Bid.

Michigan—

AlabamaClass
Olass
Class
Class

SECTJBITIES.

Ask.

7

3-658. 1924

107>4

Small bonds
Registered

120

Funding

Do
Do

58,

113'4
11334

nsh

1899

Ill's
iiiij
iii>i

small
registered..

RAIIiROAD BONDS.
Del. L.

Railroad Bonds.

M..SE.— Bonds.

78,

1

1900

Ala.Central— 1st. 68, 1918]
Alleg'v Cent.— l»t,es,19'22
AtCll.t.&S.Fo-4'28. 1920
Sinking fund, 68, 1911..

96

& Pac— 1st, 68, 1910.

Balt.& O.— 1st, 6s, Prk.Br. 115
Boat. Hartt. <fe E.— Ist, 78 •10
•10
Guaranteed
104'4
Bnr. C. Rap.tfe No.— Ist, Ss 104
Minn.&St.I,.— lst,78,g>l. 125
la. City.* West,— Ist, 7s
C.Bap. I. F.& N.— l8t, 6s loo's
94
1st, .->s, 1921
OU-Ts 97
Buff. N.Y. * I'liil.— 1st, 6s
General, as, 1924
Can. So.— 1st, int. guar. 53 "99% "99V
83lji
83
2d, 6s, 1913
Central Iowa— 1st, 7a, '99 106 ...
82
8
East. Dlv.— Ist, Os, 1912
Char. Col. «fc Aug.— 1st, 78
]

Met Elev.-'Jd, Os, 1899-. 90 'a
Mex. Cent.— 1st, 78, 1911.
GO
Mich.Cent.— Cons.7s, 1902 129
1'27
106
Consol. 6s, 1902
120 120%
Os, 1009
100% lOOia Coupon, 58, 1931
'iod""
1021.
102
Jack.Lan.*Sag.— 6b,'91. 102
Milw. A No.— Ist, (>a, 1910
113'a 115
'114
Mil.L.S.itW.— lBt.(;s,1921 103'^
119
Minn.it .St.L.— l8t..7a,1927 125
130
Iowa Ext.— Ist, 7s, 1909 119
111 lllia
100
2d, 78, 1891..
105 'a
S'thw.Ext.-l8t, 7s,1910 lllla
124 1251a'
Pac Ext.— lat, 68,1921. •10214
'125

780f 1871, 1901

iStock Ercharnje Prices.)

Atl.

& \V.— Contlu'd—

1st, consol., guar., 7s. lat, Os
N.Y. Lack.*
Construction, 58. 1923
Del.* Hud. Canal— iBt, 78'

W.—

7s, 1891
l8t. ext., "8, 1891
Coupon, 73, 1894
1st, Pa.Dlv., cp., 7s, 1917
Alb.
Susq.— 1st, 7s ...
2d, 7a, 1885
Ist.cona., gunr.7s,1906
Ist, cons., gu., (is, 1906

&

1

Mo.K.A T.-Gen'l,03,1920
General, 5a, 1920
Rena. A Sar —lat. cp.,7s 134
II214
Cons. 78, 1904-.5-6
Denv.<t Rio Or.- 1st, 1900 112
82
1910....
85
l8t, consol., 7s,
Cona. 2d, income. 1911..
Deu.So.Pk.it Pac— 1st, 73' 97 'a
ll.itCeut. Mo.-l8t, '90
07
Mobile it Ohio— New Gs
Den.it HioG.We8t.-l8t,(;sl 06
Dct.Mack.&Marq.— 1 st, Gs
Collater'l trust, Os, 1892
911a:
TMorgan's La.* T.— ist, 69
Land grant, 312a, S.A...|
E.T.Va..tGa.— lat,7s,1900 117
Nash.Chat.it St.L.— l8t,78
74%' 2(1, Os, 1901
74
Ist, cons., 5s, 1930...
Cbes.& O.— Pur.mouey fd.
96
Divisional 58, 1930 .
N. Y. Central— Os, 1887...
68, gold, series A, 1!)08 . 11034 ...
Deb. certs., ext'd 58
6s, gold, aeiiea B, 1908 . 102 '4 102131 Ellj.C.&N.-S.f.,deb.,o.
Si's' 51 'b
•so"
82
N.Y. C.& H.— 1st, cp., 7a
6s, currencj', 1918
1st, 6s. 19'20
101 14
103 il(14
Eliz.Lex.it Big Sandy-Os 101
Mortgage OS. 1911
1st, reg., 1903
88
Chos.O.&S.W.- M. 5-6s... 87
Erie- 1 st, extended, 7b
Hiul.Riv.— 78,2d, s.f ., '85
Harloin— lat, 7s,eoup...
Chicago & Alton- 1st, 7s. II834I
2d, extended, 58. 1919.. 108
1091a
Sinking fund. 6s, 1903.. 115
3d, extended, 4 i-js, 1923 1021,
N.Y. Elev'd— 1st, 7b, 1906
112" N.Y.P.it O.— Pr.l'n, 68, '95
La. * Mo. Riv.— 1st, 7s. II8I4 120
4th, extended, 53, 1920. 111
109 1._
2d, 78. 1900
fith, 7s, 1888
N.Y.C.* N.— Gen..08,1910
St. L. Jack. & Chic.— 1st 1181a'
Ist, cons., gold, 78, 1920, 128'4 1281a
Trust Co. receiptB
1'28
iBt. guar. (504), 78, '94 118
l8t, cons., Id coup., 79.. 123
iN.Y.it. N. Engl'd-lst, 7s
2d, (3(10), 7a, 1898
Heorg.. lat lion, bs, 1908|
1st, 08,1906
2d, guar. (188), 78, '98
N.Y.C.itSt.L..-lst, 0.9,1921
Long Dockb'uda, 79, '93, 118
Ml8S.K.Br'ge-lat, a.f .Os •105
BuCN.Y.* E.-lst,1916l 130>a
2d. Os, 1923
N.Y.L.K.AW.-New'-'d 6 OOV
N.Y.W.Sh.* Buff.— Cp.,6s
C.B.& Q.-Couaol.7a. 1903 130
N.Y.Snaq.&Wcst — 1st, 6s
6a, sinking fund, 1901 .. lOeig
Buff.A S.W.— M..6.9,1908i 104
96ial 98 '4'
96
96', Ev. & T. II.— 1st. cons., (is
Debenture, 08,1897.
5b, debentuiTs, 1913
Mt.Vern'n- lat. Os. 1923
la. Mv.-S. fd., 6s, 1919
Midland of N. J.— lat, 68
95"
Sinking fund, 48. 1919
Fl'tit P.Marq.-M.68,1920 ii33j;;;!:; |N.Y.N.Il.*H.— l9t,rg.,48
Denver lliT.—4s, 1922.. 'S9^
Gal. Har.it S.Ant.- 1st, Gsj 103
Nevada Central— lat, Os..
lOOHi'llO
Plain 48, 1921
2d, 78, 1905
iN.Pac— G.l.gr., l8t,cp..6s
•93
9434 'N.O. Pac— lat, 69, g., 19'20
C.R.I. * P.— Os, cp., 1917. 126=4 l'^7
Mex. ife Pac— lat, Sa
6s,reg., 1917
12578'12SV
2d, Ob. 1931
Norf.AW.— GenM,Ga, 1931
82
Keok. * Des M.— 1st, 5« 105 1107
Gr'nBayW..ftSt.P.— lst,(>8
Now Rlver-1 st. On, 1 932
Central of N. J.-lst, 1S90 113
GuU Col.* S. Fe— 78, 1909 II5I2 1163jij No. Railway (Cal.)— 1st, Os
1st consol. assented, 1H09 117
Uann. * St. Jos.- 8s,couv. 103 103
Ohio* Miss.— Consol. s.fd.
110 1103^
Conv., assented, 78, 1902 117
Consol. ()3, 1911
Consolidated 7s, 1898...
Adjustment. 78, 1903... 109
Houst.it'r.C.- lst,M.L.,7a 1091a,
2d consolidated 79, 1911
Conv. di'biiit. Us, 1908.. •90
1st, Western Div., 7s ... 1071a i08i.i'
1st, Springlield Div., 78
114 llOia Ohio Ccntral-lst, 68,1920
Leh.tkW.lJ.— Cou.g'd.as. 106% 107
1st, Waco* No., 7s
1'29
92
Am.D'kit Imp.— 68,1921 90
2d, conaol., maineliue,8s 125
Ist, Term'lTr., Ob, 1920
C.M.& St.P.-l8t, 8s, P.D. 131
2d, Waco* No.. 88.1915 •116
Ist, Min'IDlv., 63, 1921
100
2d, 7 3-10, P.D., 1898... 120
General, Os, 1921
Ohio .So.— Ist, 6s,19'21 ....
1st, 78. $g.. R.D., 1902. 126'i! I29I2 Hou8t.E.*W.Tex.— lat,78 '98 la 102'
Oreg'n* Cal.-lst,fia,1921
Ist, LaC. IJiv., 78, 1893. 118', 119
Or.*Transc'l-G8.'82.1922
2d,G8, 1913
Ist, I. .t M., 78, 1897... 118
IllCent.-Sp'd Div.—Op.6s
Oregon Imp. Co.— Ist, Os.
1st. I. * D., 7a. 1899.... 120
Middle Div.— Reg., 68...
Panama— S.f., BUb.Ga,1910
i-j
l6t,C. .t M., 78, 1903... 123
C.St.L.it N.O.— Ten.L7s 120'4 123
Peoria Dec. & Ev.— lat, Os
124
12434
Consol. 7.S, 190a
Kvana.Div.- 1 st,6a,1920
1st, consol.i78, 1897 .. 120>a 122
104
•112
2d, 78, 1884
2d, Os, 1907
Peoria* Pek.U'n- lat, Gs
ifl, 7s, I.& D.Fxt., 1908 122
10734 107 '8 Pac.RRs.-Cent.P.- G.. 6s
Gold, 58, 1951
1st. S.W. Div., 68, 1909. 1091a 111
2d Div., 78 11Dub. * S.
San Joaquin Br.— 69
95
96
Ist, 5s, LaC.& Dav.,1919
Ced. F. .t Minn.— 1st. 7s 11712
Cal. & Oregon— 1st, Gs
lst.S.Minn.Div.,fia,1910 Ill's
Ind. Bl. &W.— 1st pref., 7s •117
State Aid bds., 7b, '84
Ist, H. & 1)., 7s, 1910... 12234'
87
1st, 4-5-08, 1909
Land grant bonds, Os.
112
ill4
Pac.l)iv.,U8,1010;
Chic*
71
72
2d, 4.5-Os, 1909
West, Pac— Bond.s, Ga;
97 12 9834
89 12
l8t,Clllo..t P.W.,59,1921|
88
Eastern Div^ Os, 1921..
lst,68
So. Pac of Cal.
94
Mln'l rt. liiv., 5.S, 1910.
Indianap.I).* Spr.— l8t,73 1071a 108 Hi
So.Pac.of Ariz'a Ist. Gs
L.Sup. 1 li v., 58, 1921
2d, 6s. 1911
So.Pacof N.Mex.-lst.Gs
951-2' Int.itGt.No.— Ist, Os, goldl 114
Wi8..t Miu.inv.,63,19211 95
110
Union Pacific— 1st. Oa ..]
C.& N'wcst.-S. fd., 78. '85 10378
Coupon, Os, 1909
821a 8234
Land grants, 78, '87-89
Consol. bonds, 7s, 1913. 1321a 132=4 Kent'ky Ceut.— M.Gs,191
Sinking luuda, 88, '93.
Extension bonds, 7s, '85 •103 |....
L.Sh'ro-M.S.itN.I.,8.f.,78 105
Collateral Trust, Os...
104
....
1st. 7s, 18H6
Cleve. * Tol.— Sink's 'd. 104
68, 1907
do
•12712'....
Coupon, gold. 7s, 1902..
New bonds, 7s, 1880.. 810712 1081a
Kans.Pac- lat, Os, '95
1128
Eegist'd, golil, 7s, li)02.
Cleve. P. * Ash.- 78. ... 11413'--..
1st, 08, 1890
Sinking fund. 0.8, 1929.. 112 |....
122 L...
Buff, it Erie- New bds
Denv.Div.Ga.as'd, '99
Sinking fund. 5s. 1929.. 10414104%
Kal. A W. Pigeon- l.st.. 110 113
1st, consol., Oa. 1919
9534I 95'8
Slnk'gfd. deb., 5s, 1933
....
Det.Jr.it T.— lst,7s,1900 123
C.Br.U.P.— F.c.,78,'95
I

I

!

I

. .

,

1

I

i

1

I

1

C—

,

I

—

C*

,

.

Lake Shore— Div. bonds 123ial25

Escauaba .t r..S.—lst,68
Des M.& IMin'ap.— l8t,7a
Iowa Midland— l8t, 8s.. 130

Peninsul.T^-lst, conv. 78 '126
Chic*. Milw'kee— l8t,78 1'23
Win.* St.l'.— iBt. 78, '87 107
2d, 7a, 1U07

12s
108
125

Mll.<SMad,-]8t,68,1905
C;C.C.<t Ind's— lst,78,s.fd.
Consol. 79, 1914
Consol. slnk.fd., 78,1914
C.8t.P.M.& O.-Conaol. Os
C.St.P*M.-l.st,(ie, 1918
^fO. Wis.-lst. 68, 1930.
BtT.A S.C— l8t,68.1919
Chic* K.Ill.— l8t,8.f.,cur.
ChiC.StL.A P.— lst,con.5s
Chic. & AtL— Ist, 68, 1920
2d, 6a,1923
Chlc.<tW.lnd.-l8t, s.f., 6b

Consol.,
Consol.,
Conaol.,
Consol.,

coup., IsL 7s.

127

reg., 1st, 78.
123
coup., 2d, 7s.
122
reg., '2d, 7s . .
Ist. 78, '98 >121
Long lal.
101
l8t, consol., 58, 1931
Louis. West.— 1st, Os. . .-.
Louisv.*
Cons. 7s, '98, 119
Cocllian Br'ch— 78, 1907|
.

At.C.* P.— l8t,G9,1905

127 12
1291a

At.J.Co.&W.-l8t, Os
Oreg. Short L.— Ist, Os

HU.—

124
124

N.—

2d, 7.S, LS98
2d, guar., 7s, 1898....

Pitts.B.*B.-lst, 09.1911

Rome W.& Og.— lst,7s,'91
98 la

08 la
108'
09"'
71
104
108
107 14

this week.

t

&

2d. 79,

Iron
1897

Mt— 1st, 7s

Coupons on since 1869.

"og'v 70

95=4' go'.
5934:

H4V114'«
IIOI3

.

2d, pref., 7s, 1894
2d. income. 7s, 1894
Bellov.it So. lU.— lat, 8s
St.P.Minn.* Man.— l8t,78

105-8 106
lOB 107

131" 132

130%131%i

•2d, 09,

104'2'100
I3214II3S
11834 119

Dakota Ext.-

1909

68, 1910..
1st, consol., Os, 1933....
Min'8 Un.— Ist, 09, 1922

108
36

St.P.ADul.-lRt.Ss, 1931
So. Car. R'y— 1st, 6s, 1920
2d, 09, 1931
101 la 101=4! Shenand'h v.— 1 st,7s, 1909
91
General, 09, 1921
105 '9 iofl
Tox.Cen.— 1st, s.f., 7s,1909
8G3i 87
Istmort., 7s, 1911 ...
651a 55 'e Tol. Del. & Burl.— Main, 69
8I34 82
1st, Davt. Div., Os, 1910
70
Ist, Toi'l trust, Os, 1910
"61^4 94 12 Tex.* N. O.-lst, 7s, 1905
106
Sabine Div.-.l8t.Gs,1912
90
Va. Mid.— M. inc., Os. 1927
10034 101
Wab.St.L.*Pac.— Oen'168
84 12'
84
Chic. Div.— 58, 1910
l()4ial06
Hav, Div.- Oa, 1910
102 11021a'
Tol.P.itW.— 1st, 78,1917
"

!

I

I'iO

109
112
112 112l»
104 12 105
108
100
105
111
821a
1081a 110
1081a 110

'110

'

•88

90

07h

.

•

641a

66
80
80

78

'

no

78
Cairo Div.— .6b, 1931 ....
78, 1909 •86
Tol. *W.— 1st, ext., 7s 100

95

lowaDiv.— Os, 1921

85

Ind'polis Div.— Os, 1921
Detroit Div.— Gs, 19'.J1 ..

Wabash-Mort.

•iTi'v'.'.'.'.'.

00 "al 69

lat, St. L. Div., 78, '89
2d. oxt,.. 7s, 1893
Equipm't bda, 7s, 'S3.
Conaol. conv., 79, 1907
Gt.West'n— lat, 78, '88
2d, 7s, 1893
Q.* Tol.— l9t, 78, 1890
II.an.it Naillcs- lat, 79

83 "a! 85
"odvli-il
7934' 80
ioi"";io5'
lOlia

102
114

771a

109
82

I

IO6I2'
117'8'
11713'

76>i

110
105

I

98%

101
30
85

87
IO4I3 106%

101

in.* .So.Ia.-lst,ex.,Gs
St.L.K.C.*N.— R.e.,7 106^107 «
Omaha Div.— 1st, 7 1121a'
80
Cl.ar'da Br.— 69, 1919

104
111412

IIII4'
1041-2

I

.St.Clia8.Bge.— Ist, Gs

8313'

No. Missouri— 1st, 7s. 118
'107
Wcst.Un.Tel.— 1900,coup. IISV
114
llO'slH
1900. reg
90
10634 107% N.W. Telegr.aph-7R, 1904
100
100

I

I

I

I

MutlTll.Tel.-S.fd.Os.l 91

711=4

Oreg'n IIK.* Nav.— lst,Gs 108

I

INCOME BONDS.

11534 110

llOV

i

80

10«t

(Interest pnynblet/ eantfd.)

114%114'8 Alleg'ny Cent.— Inc., 1912
105

Atl.

I

* Pac— Inc.,

1910...

17=4

Central of N. J.-1908 .... 102
95'a'
100 'all!
Cent.Ia.— Coup. deb. certs,
IOOm 110 Ch.St.P.&M.— L.gr.incOs
10934 110
Chic A E. 111.— Inc., 1907 88
97 14' 9713 DesM.* Ft.D.— l9t,inc.,69

Mack. & Marq.— Inc.
E.T.V.&Ga.— Inc.,0a,1931
Det.

I.

93I2
89'a

94% 94 ^

Gr.BayW.A St.P.-2d,inc.
Ind. Bl. & W.-Inc. 1919

Laf.Bl.&iIun.-Inc.,'79,'99
ID334 Mil. L. Sh.* W.— Incoineg
103=4 Mob. A O.— l8t,prf., debeu.
2d, prof., debenture9

CIA

73

94"

I

76
Ocn'l r'y * 1. gr., 58,1931
St.L.Alton & T.II.- lst,7s 115

118'a 119

33 'e

72=41

110

110
.

100

105

10912'

109
Arkansas Br'ch— 1st,
Cairo* Fulton- 1st, 7s IO8I4IO8IJ
Cairo Ark. * T.— 1st, 7a 107% 108

106

(is,

C*

made

St. L.

Sand'ky Div.— Inc.,1 920

1121a

prices Friday; those are latest quotations

Debenture Os, 1927
Atl.it Ch.— lst,pf.,79,'97
Inconiea, 1900
Scioto Val.— Ist. cons,. 79.

112
102=4
81^8 82 '4

105 'a

103%
103

Consol., inc., Gs, 1921...
98
Ind'sDec* Spr'd— 2d,inc.
105 '2'
Trust t'o. certlticat*s ..
11514 Leh.
Wilkesb. Coal— '88
106
Inc.,7B, '99
Lake E.*

&

105
105
4934

72

W.—

Sd, pref.. debentures
4th, pref., debentures

102
110
91

29%

17

20
35

80
ii

57%
•32
2113

N.Y. Lake E.* W.-Inc. 68
N.Y. P.* O.— l8t,inc.ac.,78
Ohio Cent. — Income, 1920 *i6"

Min'l Dlv.-Inc.,7s,1921
7218, Ohio So.-'2d inc., Os, 1921

Ogdena.* L.C.— Inc., 1920
PeoriaD.*Ev.— Inc., 1920
95% Evanav.Div.- Inc. 1920
Peoria * Pek.Un.— Inc., Gs

Roch* Pittsb.— Inc.,1921
Rome W. * Og.— Inc., 79.

1.3812

135
130

do"

•29

..

96

125'a

19

«*

49''8

,

*No

Con., 1st, ext., 58, 1922.
Pitt.-lst, 09,1921
Con9ol., 1st, Os, 19'32....
Kich.itAUeg.— lst,78.1920
Rich.* Dauv.— Cous.,g.,e3

Boch.&

'111

St.L.* S.F.-2d,

.111

St.L.V.*T.H.— l8t,g.,7s 116

Sd, 7b, 1906
Pac. of Mo.— lat, 68-.
2d, 7s. 1891

Pac— 1st, cons.,

N.O.*Mob.-lst,6s,1930; 90 106
3-Os, Class C, 1900..-85
2d. 68, 1930
3-Oa, Class B, 1906....
E. H.it N.— 1st. 6s, 1919 104
1st, 69, Pierce C. A O.
General, Os, 1930.
931a 9334
Equipment, 78, 1896..
126"
Pensacola Div.— 68,1920
Gen'tmort., 69, 1931..
100 14
la
103
St. L. Div.— Ist, Os, 1921
So. Pac. of Mo.— Ist.Os
92
4913
2d, 3a, 1980
Tex.* Pac— lat, 68,1905
'i05
Nashv. * Dec— lat. 7s. 116
Conaol., Gs. 1905
•87 la
S,* N.Ala.— S.f.,0s,1910
Income * id. gr., reg.
110
Leban'n-Knox— 6s, 1931
lst,Rio(i.Div.,G8,1930
Oen'Imort., Os, 1932... 100 102 la
Louisv.
L.— 68, 1931
Pennsylvania RR.—
Col.* Green.— 1st, 08,1910
Pa.Co.'sguar.4ias,lst,cp
L.Erie* W.-lst.Oa, 1919
2d. 6s. 1926
Sandusky Div.- 6a, 1919i
Registered, 1921
Col. H. Val. & Tol.— 1 8t, .58
79 '4
96
Laf.Bl.it M.— Ist, Os, 1919|
Pitt.C.& St.L.— l8t,c.,7s
Del. I>.<fc W.— 78, cOnv., '92 116
LouIsv.N.Alb.itC- Ist.Osl 911a 0134
2d, 7s, 1913
Mortgage 7a, 1 907
131 1311a Manb.at.K'ch Co.— 79.1909, 80
Pitta. Ft. W.* Chic.-lst
Bvr.Bing.A N.Y.— l8t,7s 127 130
N.Y.AM.B'h— l8t.79 '97
2d, 78, 1912
Morris & Kssex— 1st, 7b 1.S8
Marietta* Cin.— Ist, is..
3(1,78,1912
2d, 7b, 1891
114
Metropolit'n El.— l8t,1908 100 '4 100 la
Clev.*Pltt8.— Cons.s.fd.i
112
119

RR.— Continued—

C* P.—lth,a.fd.,G8,1892

63

Mo.
120

Penn.

103
98
105

Ct. So.— Gen., 78, 1909
Elton., l8t, 7s, 1909

.

123
123

9034,

05

:

1 '2814

13S

So.Car.Ry,— Inc., Oa, 1931
StL.A I.Mt.— lst,7s,pr.i.a.
St.

L.A.4 T. H.— Div.

bds-

io
5913

45
37
•48
•55'

60

m

MARrn

THE CHROXrrr.R.

15. t884.J

Baah Mack

Am»no**

Aatr. RMlaaaf* —
BnNUlwRr

A

jDtclicrt'

DroT'a*

COM PAN II

Alk.

Bid.

»s mo
160

9S
100
100
35 140
'00 2020

RrooUyn

ao
70

OtttMBt'
fity

100
50
100

Cllntun
:::;
|

270

10?
100
100
100
1
.>nf e*.
35
3i
Ward'!!!!
h.;
100
i-iu:i
100
FUUi Aveuna*
100
First
100
Foorth
SO
Fnlton
60
OklUUn
100
Quaelil
German Amerlcnn*, 7»
Odmisii Kxchange' 100
100
Germanla*
2S
Greenwich*
100
Hnnuvor
Imi). & Tr»d6r»'..-.. 100
60
IrvbiK
Leather Mannfta'.. 100
60
Manhattan*
100
Marino
100
Markot
36
Me^'hiiiiicH'
26
Meclinnlra'A Trada'
100
Merciinttle
60
Mercrianu'
60
MerchiuitA' Exch...
100
MetroiK)H«'
100
Metropolitan
100
Murray Hill*
lUO
Nassau'
100
New York
Kew York Caanty 100
n. Y. Xat. Exch... 100
100
Ninth
North Amnrlca*
70
North Hirer*
SO
Oriental*
25
60
Paclflc*
100
Park
25
Feople'a*
20
Phenti
Pro<Uire*
60
Republic
100
8t.NlchoU8*
100
100
8«Tcnth Ward
Becond
100
100
Shoe <ft Leather
Bute o( New York* 100
Third
100
Tradeanien'a
40
ITDlon
50
rnltedSUtaa...
100
Wall street
60
West Side'
100

17

Commercial
Continental

40

Eagle

KmplreClty
RxcnanKe

122
ItfU

. .

122

Farrafnit
Fll-emen'a

Klremen'a Troat

Fmnklln

A Kmp..

(lorniRn-v\mericaD

136

1!!2

123
173

.
.

Clonuaula

Globe
Greenwloli
Onanllan....:

10«

103

Hamilton
Ilanorer

Home

160
110
166

Howard

2tl5
•.12".

JelTeraon

178
160
106
160
ISO
110
119
130

Irving

Kinga C'nty (Bkn.).
Knickerbocker

Ltmg
147
162

Montank (Bklyn.)..
Naaean (Bklyn.) ...

190
146

Mannfac. <<k Build..
Mcch. A Tnwlers* ..
MechanlcH' (llklyn)
Mercantile
Herchauta'

60

ISO

{
'

1(15

150
110
1J2
107 «»
123
!60
166 172
1G5 168

.

lal-d (B'klyn)

Loriilard

National
N. Y. Equitable
N. Y. Fire

...

Nlaxara
North Klver
Pacific

P«rk
Peter Cooper
People'a

Phenlx

^

Bntger'a

Standard

ISO's

Stor

106

Sterling

128
160
i:o
135

Traaeftmen*s
United Statea

—

Stuyve^ant

,

115

Weatcheater

WllUamabarg

Ctty.

100
SO
SO
17
10
100
100
60
50
35
100
15
60
100
60
100
30
20
40
50
25
100
25
50
SO
50
SO
80

145
160
165
140

140
120
110
«0

110
830
60
110
135
140
60
60
120
lOS
85
105
65
95
85
106
60
100
105
145
37 "a' to
35
145
100
85
60 12S
25 105
25 175
100 100
20 155
50 108
50 140
25 115
50
90
100
57
100
60
25 120
25
70
35 127
10 120
50 200

<

I

I

Hoboken..

Manhattan
Metropolitan

Bonaa
MntoalCN. Y.)
Bonda
Naasan (Bklyn.)
Scrip

,

People'a (Bklyn.)
Central uf

New York

Wllliamaburg

Bonda
Metropolitan (Bklyn.)
Mnnleipal

...

Bonda
Fnlton Municipal

140
115

890
65
115
140
145
65

70
130
200
90
112
70
105
90
110
65
110
110
ISO
95
105
95
132 -.1
110
185

08
165
115
150
120
100
63
65
125
75
13S
125
210

315,000 A. 4 0.
1,800,000 F.&A
750,000 J. A J.
4,000,000'J. A J.

1,000

BO
20
50
100
600
100

Street.}

J>at*.

133<«

1

5

Feb.,

'84

133

8

Jan.,
Oct.,
Feb..

'84

ill

3 la
3

I

7Hi July.

5

Mcli.,

"ibo

'83 107
'84 i',ro
'83 155
'84 2«7
'84 2'JS

'

I

;3,ooo,ooo

300.000

J.*

135
92
110
122

J.

"ibo 2,000,000

270
230

107

12U
104
78
88
150

131

106

90
153
72
110
100
80
114
110
92
206
110

70
106
97
iio'

106
9(1

204
107 Hi
112
115
110
107
94
98

(Quotations by B. L. Grant, Broker, 145 Broadway.)

Brcker8t.«rall.F.— Btk
inert

Br l*^iwt7thAT.— Sfk.

100
900,000 J. A J.
'iJan.. '84, 23
'00.000 l.A J. 7 |July,1900 110
100 2,1(K),000 Q.-J. 3 Jan., '84 153
I

1,000

t

June, '84
1,000 1,500,000 J. AD. 7
10 2,000,000 Q.-F. 8>a'Feb.. '84
Jan.. \iO'i
1,000
800,000 J. <ft T.
'83
100
Oct.,
Bklyn. r:roaatown— Stock
200,000 A.AO.
lut iu..rt biinila
Jan., 1888
1,000
400,000 J. <ft J.
ln>— Sl'k
Buk!
100
Feb., '84
500,000 Q--F.
Cent
:iv.-.SU
100 1,800,000 Q.-J.
Jan., '84
Dccinoi
C<^
..mla.... 1,000 1,200,000 J. AD.
Chri»r|iii r.viuUi8t— Stk
100
650,000 F.4A. 2>.j'r
Bonda
1,000
250,000 A.AO. 7
BryUk.K.U.A Ilat'y— stk
100 1,'JOO.OOO (l.-F. 4
lat mort., conaol
SOOAc. 900,000 J. A D. 7
Bcrlp
100 1,300,000 F.A A.
1914
'84
XUthth Av.-Stock
100 1,000,000 Q.-J.
Jan.,
Scrip..
100 1,000,000
A.
Feb., 1914
Or
«3d A
nd SUF'ry-BU
100
Nov., '83
748,000 M.AN.
Istniorl
236,000 A.AO.
1,000
AprU, '93
Central Croaatown— Stk.
100
600,000 J. A J
Jan., '84
lat mort
1,000
250,000 M.AN.
NOT.,1922
'84
Houat.W.St.AP.i-y-Stk
260.000' Q.-F.
Fell.,
100
latnort
500
600.000 J. A J.
July, '94
Second Av Stock
100 1,396,600 J. A 1.
Jan., '84
3d mart
April, '85
1,000
160,000 A.AO.
Conaol
1.000 l,060,000iM.AN.
May. '88
Sixth Av.-«tack A scrip
Sept., '83
100
760,000; M.AN.
1st ajor»
July, "90
600,000 J. eft J.
1,000
Miolt

Brouklvii City—Stock....
Intniort

FA

Thlnl Av.-Ulock
100 8,000,0001 Q.-F.
1st mort
l.OOO 2,000,000 J. A J.
Twentylhlrd 8t.-8tock.
100
600,000' F. 4 A.
1st mort
250.(100 M.*N.
1,000
'This colomn shows last djTldend oa

itockn,

Feb.,
Jan.,
Feb.,

May,

I

25
11213
157li

1031a 100
2(i.1

106
150
105
160
142
118
115

210
110
160
112

A Maine—7s
A Albany—7s ...
A Ixiwell—7s
es
Boston A ProTldence—7s
Burl. A Mo.-I-d. gr., 7b

—

6s
Kasl'rn, Maa«.-Ba, new..
Fort Hcott A ()ulf-7s....
K. City I.awr. A So.-Bs..
K. Citv St. Jo. A C. B.—7s

Little K. A Ft. 8.— 7s, 1st
K. City .~ip'd A Mem.— es
Mexican Central— 7a
Income
N. Y. A N. England—68..

7s

A 80. Pac.—7s
Ogdensb.A L.Oh.—Con.68
Income
Old Colony— 7s
N. Mexico

6s

Paeblo

A

Ark.

Rutland—6a,
Sonora— 7b

VaL— 7b..

Atchlaon * Topeka
Boston A Albany
Boston A Lowolf
Boston A Maliio
Boston A Providence

—

Chat. M., I"-

bat date ol maturity of

Soiutf.

'

Kastcm,
Kaatem,

'is,

v.

Falls A Sioni City.
Kan. C. Sprlngf. A Mom.
Little Roik A Ft. .«nillh.
Louisiana A Mo. River..
PrefeiTtHl

80

A Lowell
N. Y. A New Kngland ...
Northern of N. Hampah.
Norwich A Worcester...
Old Colony
Portland Saco A Portam.
Rutland — Preferred
Revere Beach A Lynn ...
Tol. Clun. A St. Louis....
Worcester A Nashua

81

13><

1234

112--a!

1S7 \.....
139 Hi 140

16

Preferied

13^

29 >s

195

47^
"17

.

RAILKDAI) BONDS.

AUegh. Val.-7 SlOs,

7s,

120

90
44^' 46^
.

lis

Cons. 68,1900

W.JeraeyAAlL— l8t,6a,C. 105 >• 106 >a

Ohes.

1901

—

A Del.-lst,6B,1886

Lehigh Nav.-68,reg. '84
Mort. RB., reg., 1897 .
...

Green w'd Tr., 7s. reg..
Morrla-Boat Loan rg.,'85

106
71
104 >a
116
134

88
1U6
97

RAILU'D STOCKS.

68,
J....
Ba, cold. 1900, J.
6s, Series A
6s, Series B... ........

PltUb.ACon'ells.— 7»JAJ
Union RR.-lst, gaaJAJ
Canton endorsed
Virginia * Tenn.— 6s ...
88

W.Md.-68.
99

Cons. 6s. 1921
Isl.Tr. 6s. 1922
I

78.

A W.— 1st, Bs

A

2d, 7s. 1908

KT^dlTidead.

Krie— 1st,

Sunli. llaz.
2d, 6s, 1938

BALTIMORE.

1st, es,

'

A

9-J>«

96
186
lll>«lll>a
81

Par
73 >a
Atlanta A Charlotte..
100 193
Baltimore A Ohio
133
el's
1st pref
198
67 Hi '2d pref
.„
9
50
69 H,
Parkeraburg Br
60 61
ISH Central Ohio— Com
Pittsburg A Connellsvllle
Western Maryland ....60 14
29 <« RAII<ROAD BONDS.
113\
Atlanta A Charl.— Isl.
89
Inc
Balt.AOhIO— 6s,.'85A.AO 106
196
Cen. Ohio.—6s, lst,M.A8. 109
lOU
Charl. Col. A Ang.-lst
101
2d
101
>a
Bait.—
IsU.
Wash.
A
cnn.
68 <«
8da
34
47 H.
Sda
><
ColnmblaA Greenr.— lata 101
76
••
"is
2da
103S
No.Central—8a, '85, J.AJ 119>«
128
1900, A.AO

60 Hi

108

1898

Shen. Val.-lat. 7a, 1909
Oen'lOs, 1921
ln<'ome,B.s, 1923
Income, 58, 1914

Pennsylv.-88,cp.. 1910..
7IH1 Schnylk, Nav.-lBt,6s,rg.
2d, 68, reg., 1907

32 >i Ss

lat. Ba.reg., 1908
Belvld'e Del.— lal,tfs,190a
2d. 6a, 1885
3d. 6s, 1887

190i
Cantol.,6s, 1913
Bntr. N.Y.A PhU.-l8t,es

A B.—78.CP.
ShamokinV. A Potu.—78

7*

.

A

Gap-lst,

75'4

.

61

Wsal Cheater- Cona. pref.
Weat Jersey
West Jersey A Atlantic.

Bell's

84 -a

74
96
100

Cons., 7s, reg., 191.1

12

S0>«

A

108

189JJ

CANAL BONDS.

67 li

66^

'96
78, E. oit., 1910
Inc. 78. end., coup., '94
Pllt.'<b.-lst,es
Ashlah.

coaj).,

es, P. B., 1896
Gen., 7b, coup..

42

A Weafn—Com.

-

101<« 103

78. conp.,

Weatem Penn.—68, coup,
67
138

Neaquehouing Valley

CANAL STOCKS.

114>s

Syr.Gen.A Com.— Ist, 7a
12ia tJnlon A Tltnsv.- 1st, 7s.
26
United N, J.— Cona.6a,'94

61

Little Scliuylkill
Mlnehlll A sch. Haven...

A

120%

Warren A F.— lat. 7s. '96 112
Weat (Jhester-Cona. 7b.. 17
W.Jersey— lat, 6s. cp.,'96
vii"
1st, 7s. 1899

71

Norriatown
Phila. Cler.
N.Y..
Phila. Newtown
Phila. A Hrailing
Trenton
Phila.
Bait
Phila. Wilm.
Pittab. Cin.A St. L.—Com.
Unlte<l N. J. Companies..

..

119
127
187

Cons. Ha, gold, 1901
Cons. 68, gold, 1908....
Gen., la, 'Old, 1923

Preferred

Norfolk
Preferred
Northern Central
North Pennaylyanla..
Pennsylvania
Philadelphia A Erie...

iioi*

1896 "ii'
83
Cona.Ss, lataer.,c.,1922
Cons. 58, 2d 8er.,c.,1933
Conv. Adj. Scrip, 80-88

Sunlmry
67

Broad Top

Lehigh Valley

123

10s

A

B.-lat,6a,l910..

Pitts. Titus.

40
24
69 Hi

let preferred

118
104
122
128

Conv. 7a, cp.off, Jan.,'85
33 Hi Phll.WU.A Bait.—Is.tr.ct 93
PlttB.Cin.A st,L.— 78, reg 120<a

8»s

2d preferred
Delaware A Bound Brook
East Pennsylvania
Elnilra A WllUamaport..

I13S

Conv., 7a, R.C., 1893..*

"14'

-

A

:iii-

133V

Scrip, 1882

oap

Catawlssa

106"

Cs. 1«'20

Debenture

40

24

Buffalo N.Y'. A Phil
Preferred
Camden A Atlantic
Preferred

A

C—

cSSt;6s:g.,l':R.C.191l
Imp.. 6a, g., conp., 1897
Gen., 6a, g.. coup.. 1908
Gen., 7a, coup., I90H.

Alleglicny Valley
Ashtabula A Pittsburg..
Preferred

A

St, 68.

2d, 7a, coup.. '.893
Cons., 7b, reg., 'Oil,
Cons., 78, coup., 1911

FHIL.ADE1,PIIIA,
RAILROAD STOCKS.!

A

1

Cons., 5s, 1920.......
N.Y.— lat
Phila. Newt.

27
18
21

Maine Central
Manchester A Lawrence.
Marq. Hought'n A Onton.

Pref orre^l

Chic—

Income.

Iowa

Huntiugdn

lOT
l.^

Cons,

28>9

101

Common

128 >*

IBif

119

Preferred
Fort Scott A Gull- PreJ.

Bell's

•?*

••

Fltchbnrg
Flint A Pore Marqnotte.

iVs'

y»
98
113
nar'rlsb'lj— lst,6», 18**..
ll5>t H AB.T.-lst, 7s, g., 1890 116
BS>9
109
Cons. 5s. 1895
1-20 >9 IthacaAAth.-lat,gld.,7s
Jnnctlon-lst, 6s, 1883.
3d.6s,l900
87
60 >a eos I*h.V.-lst,68,C.AR.,'98 130 <
130^
16
2d, 7s.reg., 1910
133
8911 90
Cons. 6s, U.A H., 1923.
9934' 100
84
N. O. Pac.-lsl, 6s, 1920
118S4I119
No. PeniL— Ist, 6s, cp.,'8» 102 i'af'4
130
2d, 7s, cp. 1896
136 128 H>
Gea,78, 1908
107
Debenture 6s, reg...
Norfolk A West.— <Jen..6s 105 10«
119^
N. R. DlT., Ist, 6s. 1932 102^ 108
15Vi

Phil.

A No., pref.
Maas
New Hampah..

Schuylkill NaT., pref...

110
'84 275
'90 111
"84 102
'93 110

'>4

'

I

Det. LnnsinK

390
110

103
108
S3S
lis
281
113
167
113

136

ConniTtV
Cor

165

Lehigh Navigation
Pennsylvania

102
107

..

'Hl

\

Phil AErl6-2d.78,op.,'88

Concord
Connecticut River
Conn. A riissnmimlo
Conuotton Valley

105

200

>""<

New 7s.

Chart'rs

.

Cheshire, lirofcncd
Chic. A West Michigan..
Clun. Sandusky A Cleve.

HI

108

c

p.

I0«
110
118

Cam. A Burl, f ;o. fls. '97.
Catawlssa— I St. 7». <on. 0.

99 H "89', Oil Creek— lat. Ca, coup..
'Pennaylv.— Gen., 6s, reg.
78"^ 78-,
Gen ,8».cp., 1910
178
Cona ,««, reg., 1905
1V6 112
Cons., 6», coup., 1905...
Cons 5b, reg, 1919....
ies'
7s, 1896.
Pa. A N. Y.
69 "40'
7,1906
33
Perklomen-l st, 6a,cp.'87

STOCKS.

1161*

il3>i

c.,'89

im9

All.— l8l,78,(.,'9S
3d, 68,1004

Oil City A

lat

15

310

Bid.

Del..
Nebraska, 6s. Kxempt; 116'i
.Del
Nebraska, ea.Non.ex'pt, 10S>a
87
87 "s (ICaxi
Nebraska, 4s
Ba>4>
Conn. A Pnaaumpslo— 78.
El.^
Conuolton Valley-«s

114

117
130
112<a

Arabor— 6a,

Cons., 6

17 «s

—

103
265
106
240
112
125
111
110
111

l2SS

A
A

Mort., 6a,

93

..

Income

Boatan
Boston
«s
Boston

165
144
121
120
lie
225

U)

133S

Cam.

Wisconsin Central

2,&oo,ooo:m.&n. 10 Feb.,
7J0,000,F.4A. 3
3.500,000 Quar. 2 "a Jan., '84
1902
1,000 1,500.000 M.<ftN. ,6
25 1,000,0001 Var'a 3 Sept., '83
700,000, M.4N 3>a Not.,
Var-a
Feb.,
100 4,000.00fl'M.<tN
10 l.ooo.mio J. A 1 311^80.,
375,000 M.iN S"!! Nov.,
1,000
Oct.,
Vat's
135,000 Var'a
Feb.,
466,000 F.*A.
50
Nov.,
60 1,000,000 Quar.
Oct.,
1,000 11,000,000 A.ftO.
Jan.,
100 1,000,000 M.AN.
Mch., -84
100 3,000,000
1888
750,000 M.AN.
'

Equitable

l.«t

Cam.

Krnnt, 7s
Atlanlli' A I'aolBo—Os

Nashua

25 2,000,000 Var's
20 1,200,000 Var'a

Bonda

\f\.

BOWTON.

A TnpeSa— 1st, 7s

Pref erreil

Amonnt. Period

BKCnBITIBS.

Aak.

l.an<1

Preferred

Bonda
Barlem

..

210

i:<5

110
176

Cltlzena' Gaa-L. rBklyn).^

Bonda
Bonds

100
113
85
80
115

13A

Par.

Brooklyn Gaa-Ligbt

New York

00
240

;i42

OAB COMPANIES.

<fe

155
lis
168
175
175
ISO
125
120

lOtI

Goa and City Kallroad Slocka and Bonda.
[Oaa Quotations by Geo. H. Pkkxtib8 A Co., Brokera. 11 Wall

Jersey City

Aak.

Bid.

230
245
75
90
107
77
70
108
305

Bid.

Bliff.PltU.A W.-aaa.,«s

Atrh.

Par.

BO
American
Amer. Kxobang*... 100
36
Bowery
as
Broadway

174
ISO

170

100

BBOURITIBB.
at.]

PRICK.

PRIOB.

COMPANIES.
Mftrkwl IhuK c) u«
not NutlooftL

OntnU

I nan ra no* flcaek lAM,
CPrtOM by IC B. Bailajr, 7 Pta*

Llat.

PMlBdelphlB Bad BBltimore.

quuiitUoui^ IB BostOB,

Local Sccnrltlei.

New York

327

Par Shan.

Ist, g.,
J
3d, guar.. J.

2d, guar,

A

i

loa
78

}«

118%

iosia 104

103
124
119
ioi"

129^

US

by W.Co. J.AJ

in daUult.

ISO's
108
108
69 H
3»

J.AJ. 109

6s. 3d, guar.. J. A J
WUm.C AATlg.-6s
Wll. A Weigon—OoUl.7s.
%

106

111>B iVs"
I'JO

Kx-rlckU.

THE CHRONICLE.

328
RAILROAD EARNINGS.
Latest Earnings Seporled.
i^'^

Raadt.

Week or Mo

1884.

1883,

.fan. 1 to iMtett Date.

New TorR City Banlts;—The following atatemeht shows ffie
condition of the Associated fianks of New York City for
th«
week endinsr at the cominehcement of bnsiness on March S:

1883.

1884.

A.verag«

aniM.

$
84,124
84,595
59,659
52,159
54,000
59.000
93.196
Central Iowa ... February.
79,956
February
,384,000 1,465,932
Central Pacific
275,975 253,446
Chesap. <& Ohio. February
40,350
Ellz.Lex.itB.S. Februa'y..
55,498
Chicago & Alton 1st wkMar 161,149 154,610
Chic. Burl. & Q. January... ,648.220 1,625,680
27,.556
Chlo. & East. Ill- 1st wk Mar
37,294
58.710
Chic.& Gr.TiTink Wit Mar. 1
57,713
3 16,000
401,824
Chic. Mil. & St.P. 1st wk Mar
372,a00 418.900
Chic. & Nortlnv. Ist wk Mar
82,600
Ch.St.P.Miu.&O. Ist wk M;u91,700
32,353
CWc. & W. Midi. 4th wk Feb
28,959
175,082 191,782
Ciu.Ind.St.L.AC. January ..
182,264 185.720
Cin. N. O. & T. P. January...
Cin.Wash.&lialt. 1st wk Mar
35,790
41,132
Cley.AkroiiiS: Ool 1st wk Mar
8,200
10,001
Danbury & Nor. Januar.y ..
12,199
11,668
Denver iVliioGr. Ist wk Feb
96,100 100,400
6,488
De« Mo. & Ft. D. 3d wk Feb.
6,846
Det.Lans'g&No. 3d wk Feb.
19,965
24,489
Dub.&SiouxCity 4th wk Feb
15,512
13.979
Eastern
3 wks Feb.
213,66
210.381
E.Tenu.Va.cfcGa. February..
315,90
312,522
Evausv. & T. II
St wk M ar
15,434
15.680
Flint & P. Mani 1 st wk Mar
48,025
48,877
Flor. Cent. & W. 4tli wk Feb
8,178
6,006
Flor. Tr. & Pen. 4th wk Feb
10,614
8,137
Ft.Wortb & Den. February.
26,200
24,000
Grand Trunk ... Wk Mar. 1 298,563 339.355
Gr.BavW.&St.P. Ist wk Mar
6,473
7,197
Gulf Col.&SauFe February
12!',447
133,590
d.Ill. Cent. (III.)
let wk Mar
204,400 225,886
(Iowa) 1st wk Mar
Do
34,100
47,226
Ind. Bloom. &W. 4th wk Feb
63,988
40,164
36,228
K.e. Ft.S.A Gulf 3d wk Feb.
28,755
11.786
Ksn. C. Sp. k M. 3d wk Feb.
29,02'
Kentucky Cent'l 3 wks Feb.
33,751
I* Erie & West'n January
87,638
123,572
L.Bk.& Ft Smith February..
34,111
34,041
li.Rk.M.Riv.&T. February.
24,635
33,640
Long Islaiul
Ist wk Mar
39,613
39,351
liBui8y.& Nashv. 1st wk Mari 262,410
260,700
17,6^
4lar Hough.* O. Februar.y..
19,474
Memph. & Charl. February.
108,610 103,000
8o.D.
Mex.Ceut.,
3d wk Feb.
33,606
37,983
Northern Div 3d wk Feb.
9,547
Mex.Nat.,No.D. Ist wk Mar,
7,800
Southern Dlv. Ist wk Mar
15,700
Other lines
2dwkFeb.!
7,752
Mllwatikeo <fe No 1st wk Mar
9,170
9,145
Mll.L.Sh.&West. Ist wk Mar
19,985
17,902
Minn. <fc St.ljouis January.
133,428
83,459
Mobile & Ohio
February.
165.146 163,245
Ka«h. Ch.& St.L. January...
186,992 197.388
K.O.& Northeast January...
35,800
3,684
H;Y.Su8q:&West January
64,055
68,107
Kortolk & West. iHt WkMar
46,569
41,894
t Shenandoah V. 10 dysMar
17,588
16.975
Northern Ccntr'l January... 409,846 499,253
Northern Pacific IstwkMiU' 100,200 112,100
Olilo Central .... 4th wk Feb
19,867
19.963
Ohlo&Miss
adwkJan.
86,410
93,103
Oregon* Cal:.. January ..
75,494
82,400
Oregon Imp. Co. January .. 264,192 238,507
Pennsylvania... Januarj- .. ,574.233 3,929,357
Peoria Dec. AEv. Ist wkMar
16,253
12,394
rblla. & Rcad'^ January.
,499,749 1,608,775
Do Cent.N. J. January .. 696,051
.Do G. <fc Ii-oa Jamuiry. .. 979,020 951,219
]^hm'd<&Dauv. February.. 333,755 329,248
'Cn.Col.& Aug. February..
82,931
91,109
Columbia&Gr. February..
71,928
95,591
T.a. Midland .. February..
109,590 113.823
Wert. No. Car. February..
33,083
27,557
Eooh. & Pittsb'g Ist WkMar
18,864
6,111
Bt.L.Alton&T.H. 4th wk Feb
37,043
33.';65
Do (brclis.) Ist WkMar
10.140
17,517
Bt. Louie & Cairo 4th wk Feb
4,229
3,712|
8t. L. Ft. 8. & W. 1st wk Mar
11,598
4,210|
BtiL.i&San Fran. 1st wkMar
89,946
72,768
Bt. Paul & Dul'th 8t wk Mar
16,797
19,751
BtiP.Miu.& Man.kthwkFcb 113.901
110,800
South Carolina January.
118.845
129,432
lex. & St. I.K>uipc 4th wk Feb
7,147
83,611
Tol. an. & St. L. February.
61,598
Vloksb'rg & Mer. January.
43,435
61,385
VlckebSh &I>ac. January.
12,755
11,934
Weet Jersey .... January ..
69,300
61,820
Wlgconein Cent'l February.
106,762
87.531
AlB.Gt.Soutbcrn January...

Sui-.Ce(l.R.& No. 4th wk Feb
Canadian Pacific Ist wk Mur
.

.

.

.

1

.

.

.

.

.

.

i

.

.

.

.

.,

1

[

.

.

.

Latest Earnings Reported.

84,595
384,404
547,244
441,844
209.114,
157.265
2,967,000 3,213.633
557,370
505,416
86,175
103,391
1,393,8651 1,353,330

1882,

Loans and

84,124

1,648,220' 1,625,630
283,427
262,466]
461,579!
423,570
3,131,0001 3,018,068
3,272,600, 3,037,917
754,'JOOi

217,973;

685,973
200,636
191,782
183,720
316,346
81.500
14,668
561,162
36,162
164,616
138,119
457,415
035,763
115,914
404,581
75,159
81,237
49,000
2,938,958
53,221
295,605
2,033,042
295,992
451,074
243,697

175,08
192,264
275,732
69,604
12,199
583,391
45,733
149,501
136,208
462,124
625,786
103,223
426,292
78,992
98,417
50,700
2,693,492
61,031
274,754
1,797,300
289,100
411,516
304,701
118,275
77,076
82,936
87,638
123,572
76.111
84,583
66,635
71,640
312,587
293,544
2,293,972 2,344,242
39,112
36,879
216,344
224,212
•

69,484
80,250
145,100
47,463
73,365
165,810
133,428
330,685
186,992
35,800
64,055
486,320
133,113
409,84S
1,244.000
170,548
75,494
264.192
3,574,233
137,577
1,499,749
696,051
979,020
600,644
148,307
128,574
216,705
64,295
170,379
242,016
144,246
38,329
87,883
739,747
146.022
836,434
118,845
118,051
177,183
43.435
12.755
69,300
228,795
Jan. 1

to

Now York

t
e.ooo.ooo

Manhattan Co.
Merchants

z!wd;doo

Mechanics'.....

61,000
148,877
83,459
334,457
197,388
3,684
63,107
433,725
97,473
499,253
869.649
154,325
82,400
238,307
3,929,357
108,584
1,608,775

951,219
589,005
164,727
166,669
218,211
47,647
53,323
260,859
152,975
49,028
27,603
587,367
154,300
879.376
129,432
lii'.ooi

51,385
11,984
61,320

180,76

Latest Date.

1883.

1882,

t

Phoonli
City

Tradesmen's
gulton
chemical
Merchants' Kr..
.

600^00
300,000
1.000.000
1.000,000

Qallatin Nat...

Butcbers'& Dr
Mechanics' & Tr

300,000

Greenwich .....
Leather Man'f 's
Seventh Ward.
BtateofN.Y...
American Excb.

200,000
Boo.oao

1,02.3.100

3110.000

l,2'.8

2oo,oix:

UJgBOuri Pa*.. «
Mo.Kan.* T. h
Iexas& Pac..
..Central Br'nch
Whole System.
K.Y.L.Erie&W.II
'

",

,

.

Own

Broadwav
Mercantile
Paoiac
Republic

Chatham

500,000

7,099,600
7,209,100
2,377,000
3,409.100
4,133,200
1,534,600
8,267.400
10.194,600
8.004.000

3,000,000

11,583.(X)0

600,000
500.000
500,000
500.00C
500,000

2.945.200
2,528,400

People's

200.000
700.000

North America.

Hanover

1

,000,000

[rvlnK

Metropelitan
Citizens'

Nassau
Market

i

Nicholas

8t.

3boe& Leather.
Corn Bxchango.
Continental

Marine
importers'

& Tr.

Central Nat.
Second Nat.
Ninth National.
First National..
Third National.
N.Y. Nat. Bxch.
Bowery Nat'nal.

Fifth Avenue^
Qerman Bxch.

800.000
250.000
800.000
750.000
300,000
100.000
200.000
200.000
500.000
300,000
200,000
150,000

.

Total..

The
Loans

.

'UanS.

Bo8t(Nl Banks.
Feb. 85
Mch. 3

1.011,1)00

2,ti00

2,257,800
1,196.200
23(1.S00
4,243,200
2,153,000
9.975,000
1,183,300 16,871.100
4.35.7U0
0,037,000
423.100
7,846,000
145,900
2,423.500
278,300
3.323,000
458,700
4,484,000
195,400
1,733,000
420.000
3,769.400
514,700 11.120,500
390.600
3.045,200
473,000
9,900.000
300.600
3.248,200
231,900
2,762,300
2.45S.300
124,700,

615,800
13,(00

883,000
888,630

8w,ooe
180,000
45,000
5.400
«»,°sJ66

358,000
1,305,000

270,000

i

304,400

4li,lO«

2.6,S6.30O

244,000l
893,0001

430jib»
<2i,'4M

1,383,200
49.000

213,800
3«i),000

'

297,000
49,000
531,900
449,000

895,000
180,000

4«4,»$0
49i00*
ISOjDOt
1«!I.00«

U.eillW

Ino.

Clroulatlon

100,000

1

L.imOert.

;.

drcMatton. Aga OUari

Deposits.

*
14.364.900
14,506.800
14,812,800

359,761.700
355,085,300

i.

827.007J»70

671.556,IM
B60,a77.M«

L. Tenders. Deposits.* Circulation.
•
»
«
»
5,10.1.500 97,788,800 23,678,100 66,073,5M

t
5,986,500

6,161,2IX)

6,327,000

Phlladelphia Banks.— The

'

5.701.500
6,279.700

97.801.900 24.519.800 67.868.010
96,780,400 24,432,600 69.6'».l»-

totals of the Philadelphia bsnke

are as follows:
.

188&
Fob, 85.,..
Mch. 3
*

Loans.
*

Lawful Money.

Including the Item

Deposits.

Circulation, Aoa.ClMr,

t

t
21.301.901
21,477,536
21,453,880

78.346,467
79.730,204
80,590.302

10

_^

t

72.955.562
73,72S,283
73,758,309

9,012.673
8,979,656
8,995,070

44.713,00(1
51,9110,501

51,909,2«

due to other banks."

*

Unlisted Secarltles.— Following are quotations for
securities

£id. Asked:

Bid. Asked.

Incomes
Blocks 35 per cent.

.

Cent. Div. old
Cent. div. new
I'd gr't

17's

19

96

97
90

85
67's

bds 14

Best, H.&E.— New st'k

996,496
731,517

Chic

S^s

7»a

63^

65 >3

Bufl'.N.Y.&Phila.pref. 29
Trust bonds, 6s
60
B'klyn El., lat, ass.pd. 30
Brush IllumluivtinK...*....
Cen. of N. Jersey deb. 90
*
Chic. & Can, South

36
70

i"

*25
Atl.— Ben. stk. 15

mort
<fe

30

so"

Contin't'lCons.Inip.Co* 15
Den.A R.G.R'y— Cons. 75
4816
5s

Den.ARio.G.West.lat
Edison Eleo. Light ..••

63H

Ga. Pac. stock
Ist mort, 6 p.

91%

42 is
92'

2d mort

461a
9
I-.<SiN.col.trustbd8'82 88I4
'

2ifl

&

Atl

'

24

89%

6=8
Postal Tel. stock
55i«
Ist mort., 6 p.
Postal Tel, &Cab,8took ....
Sel. R.&D.8t'k,8t'mp'd
do
2d
do '80
's

do

do

do

do
do 2d...*d2
Kans. &Neb., lst...*90
do
do
2d...* 30

New

32

'

60

lO'a

74

19%
'i

80%
S'a
....

80
27
90>1
B't

6T
l***
I"*

*
19%
98
58
94
41
40

Tex.cfeCol.Imp.— 60p.o

ex-bonds

&

St.

Incomes
83>4

.

Og

'82

•18=8
St. Jo. <Si West
St. Jo. <fe Pacific lst.''97i9

5
L,.,M.&A.lst 33
8
nss. pd

6 p. c. 1st iu Texas.. 40
gra'tA'inc.bdsas'tpd 9

9
is" U. S. Elec. Light
Istmort
Vlcksb'g & Meridian
23>a
8''8
Mi8.souriPac.,cow,cer.
Pref
8
M.U.St'kXrust Certs.. 13
Istmort
M. K. A T. inc. scrip. 4138
Incomes
't No price Friaay,
These are latest pTlces this week.
.

5

79%

Istmort
<fe Western
Istmort

Pitts.

T.'X

Keely Motor

Mexican. Nat
Pref

3»
N.J.Southern
Ohio C.-Riv. Div, Ist 30
Incomes
4%

Texas Pac. old scrip
1

13"*

N.Y. M.U.Tel, st'k. .. 50
N.Y.W.Sh.&Buff.—Stk lO^i
North Pac. div. bonds. 72
No.RIv.Const,— lOOp.o 18%

Pensac.

>«
J4

West st'k

Debenture...

let

unlisted

:

Am, Safe Dep. per deb.
105
Atl. &Pac.— l8t mort. 91 !«
93

,919,732

1,522: ,041
.37,293 ,388
,180,982 1,818,824 22,063 ,137
427,500 280,650 5,567 ,321
257,306 335,513 4,108, ,841

2831100
7S0,500
219,900
45,000

are the totals of the Bosiun bantm:
—Following
Ag^.ClMr
SpecU.

146,574,400
146.919.400
10........ 145,317,700

11,658 994
7,005 111

133,4ri3

784,41)0

1

78.848.200 31.789,700
71.893,100 29,893,000

Loan*.
t

18»J.

669, 800
17,107, ,412

337 820

1.100
249,500

the totals for several weeks past
Sptcie.

1 ... .344.438.800
8....^18,'*<»,900

••

9,858.100
2,734.000
8,653,900
2,139,700
1,885.600
15,165.100
3,119,400
2,643,900
1,807,300
1,001.000

312,900
93.300
102,000
168,300
499,600
112,300

t
tsst.
s
I
i
Feb. 23.... 314.523.800 77.86>i.200 33.240.200 361.330.200
•'

4,273,500'

3''4,000

1,034,200
1,363.800
357,800
1.045,900
573,100
134,700
807,700
2.262,100
540.300
2.698,000
588,900
181,600
595.300
245,600
823.000
214,800
1,848,600
114,000

4SO,0«t

deviations from returns of previous week are as followsi
NetdeposlU
Deo. 14,8*1,48(1

Thei.fi)ll,QWij^ are

773,304
336,706
400,040
266,927
549,600
676,828

14,117, .348
1,792, 091
4,239, ,733

428,200
869,700
468,800
116,000
41.800
133,100
208.100
3i7,600
8,117,000
4,696,400

10,003,000
7,646.000
7,300,900
7,582,000

81.312.700 348,279,900 71,698.100 29,693.900 353,085,300

abd'dlsooimtfl.... Inc. 13,841,300
4,950,100
i...,.,De«.
Specie
Deo.
2,098,800
Legal tenlers......

Mch.

S.

3.44 4, too
3.613.000
446,000
8,290,600
321,400
2.123.200
89 ,000
257,000
4,819,000
6,0S4,S00
729,600 24.013,600
21,172.701) 3,«53,900i 1.805.100 25,130,300
1,074,600
189.500
200,000
1,647,300
1.504,000
24.000
195,000
1,474,000
1,233 800
134,100
157,900
1,050.200
15,711,200 5,000,500 1,119,700 17.981,200
9,069,000 1.089,000 1,737,1 '00 10,829,000
3,814.000
720.000
392,000
4,230,000
6.275.700 1,349,300
544,40»j
6,676,900
1 6.878,000!
8,731.100 1,035.200 17,999,900
4,785,500 1,218.700
81O.30O
5,362,400
1.454,100
319,200
203.900,
1,379,200
2.051,500
276,600
25.i.200
2,020,000
1,S04.700
18,100
805.400
2.397,900
2,6.31.400
243,100
81,200
2,165,700
4.077,300 l,688.800l
578,400
6,980,300
80,4iXI
2,399,000
652.00O
2,625,200
ej.ooo
2.170,600
222.000
2,300.900
70,900
1.952,800
202.200
2.162,200
5,872,300 1,551,200
260.900
6,135,800
2,058,200
410,000
203.900
2,434.200
844,400
90,700
152,700
757,000
198,600
1,070,800
127,000
1,130,400

1,000.00c

Germanla
,:
O.S.Nat
Lincoln Nat
GarBeld Nat ....
ruth National..

4.147,600

2.855.S00
3.300.000
4,769,900
7,156.100
2,282,100
4,28S,000
21,987,900

400.000
1,500,000
2.000.000
500.000
2J0.000
250,000
3,200.000
2.000,000
300.00C
; 60,000
500,000

Park
Wall St
North Klver. ...
Bast River
Fourth Nat'nal.,

415.200
596.900

2,81(5.200

1,000,00c
1,000.000
300.00C

Oriental

1(02,000

le,Ml,100

Otrnita.

U.

»

1,288,700
2,166,400
546,000
3,56),300

40O

dep'ti

Other

912,000
479.000
752,700
905,000
567,400
783,400
224.000
785,000
114,000
128.500
783,400

85R.700

4,BOO,IOO
10,553,000

80C.OOO
5,000.000
5.000,000
1 .000.000
1,000.000
422.700
1,600,000
4S0.000

Commerce

Bo8.Hoo6.Tcfc

November.
.512,065
Oregon R.&N.Co December.
,044,913
Phlla. & Erie
December.
.011,414
Some Wat.& 0«. December. 133,375 131,876
6o.pac.Cal .N.D. December.
89,612
99,153 1,282,516 1,257,397
.Do So. Div..; December. 316.345 350,181 4,139,758 3,986,415
Do Arizona. J December. 164.444 211,^31 2,445.429 2,799.136
Do N. Mex..J Decern iier.
6J,316
53,180
7y0.756
734.797
pniou Pacific... December. ,407,215 2,559,005 29,760,994 30,363926
Vtah Central. .. December.
93,470 117,245 1.174,737 1,308.663
.'abStLit Pac. J(h WkDec 427.903 397.361 16,908,465 16,738.357
lucluaesHi. Louis Iron Mountain & Southern in both years
eludes iBternational & Great Northern in both years.
h
-« E bracing Unes in Mo. Ark. and Texas.
d Includes Southern Dlv.
Tin. udesOSp. c. of earnings of N.Y. Pa. dtO. RK.Irom May 1,1883.
1% Inol.. ed in Central Pacific earnings aboTe.
.

.

wkDcc
1th wkDec
4th wkDee
1th wkDec
4th wkDec

4 th

1,458,639
206,922 128,551
314,785 355,129
36,757
26,070
54,100
50,600
435,472 483,116
237,711
335,127
188,255 196,513
43,225
32,766
954.663 1,047,512

Ntt

Tenoeri.

2,480,000
1,714,000

2,963.400

Old
1 ,105,817

amount 0/—

LtMl

S

8,507,000
8,053,000
8,112.400
8.915.000
4,217.000
11.018,800
3,016.000
8,771,500
3,199,800
1,460,100
U,02.J,W00
3.489,900
4,951,300
1,818,500
1,018.000

2,000.000
1,200,000
3,000,000
1,000,000
1,000,000
1,000,000

Union
America

N.York County.
Jerm'n Am'o'D..
Ohase National.

S
Atoh.Top.A S.Fe Deceml)er.
Kan.cT L.& So. December.
Clev.Col.C.& Iiid December.
H0U8.E.& W.Tex December.
Ia. <fe Mo. River December.

8pec<e.

discowntB.

Accum'd
1883.

Capital.

41.^.827

Soad*.

Weekorilo

rvou xxxvm.

95

*

3H

.

'

9

"96<f

....
....
....
.•••

.—
4%
...

98

.

Majiob

illE

15, 1884.J

CHKONKJLii

32«.
t:

:

TBI

luttestmciiis

BflADrOKIi HKA.sr

KXTBinioii.

I

"The

RAILROAD INTBLLIOENCMB.

extensiiin of irani-li Roiul aiid its rrm.
nection by way uf
with the coiniMiny'M (»>)
pntjierly, and at Full
i.'it
the Alleghany
^
^ Valfey (low
gnule) road, was explained soniewhat in'Cetnil in the rejMirt of
last year.
The ctmnection lwt«.-.ii Ttr>M:kwayvillit and the
miiuxi liu.s iK^n complete) I. Tiu
from Brrwkwayville
to a connection with the low gi,.
which i» Uiing built
r.

.

The In mrroRa' Supplimbkt contains a complete exhibit of the

J^mUid Debt qfStaten ami Cities and of the Stocks and Bonds

1

>

t/ Railroads aiui other Companies, It it published on the by the Pennsylvania Railroad Com{xuiy, is not yet completed
lout Saturdat/ of every other month viz., February, April, but is in course of rapid construction."
June, August, October and December, and is furnished withDIVIDENDS.
out extra rharge to all regular stibaoribers of the Crboiciolb.
" The board has directed the payment of a dividend of 8 per
Extrn copies are sold to subucribers of the Chorniclb at (iO cent on the preferre<l stock and of the interest on the income
bonds for the year 188!1. This is the third consecutive dividend
o«nts each, and to others than subscribers at $1 per copy.
declared on the preferred stock. Uy the provisions of the plan
of re-()]ganiz;ition, wlii<-li is familiar to the share and bond
holdei-M, the functions of the Ri'-organization Voting TriLstees

—

ANNUAL REPORTS.

the payment of this dividend. The Kt<K-k U[K)n
plan, they have e.xercised the voting
{lower, stands in their name uiion the b<K)ks of the company.
As soon as the necessary legal arrangtnnents cjin bt; in.ule for
the transfer of tliLs stock by the trustees, the profier public
notice will lie given, and the company will proceed to Lssue to
the pai-ties in interest entitled to receive them, certificates of
voting stwk in excliange for the beneficiary certificates nowcejuse

New York Lake

Erie

(For the year ending September
''

30, 1888.)'

mill report for the fiscal yeiir ending with Septemlxjr
jii.st Ls-suwl, jinil nil roiuiou is j;iven for tlio unusuiU
The Baltimore
Oliio report for the
tj publication.
.

1

.

&

.

.

game

tiscal rear is not yet out, and it would c«rtainly be
received with favor by their st<x;kholdeni at home and abrojui,
a> well as by the public at large, if these great trunk line
oompanies would get out their reixnts with greater promptness, as a delay of nearly six months after the termination of
tlieir fiscal vears seems iUtogether nnreusonable.
After giving the income and expenses of the year, which left
a surplus of 11,263,484, the foUowmg statement is made:

Surplus from operations
$1,265,484
A (111 umounto received froiu otber gonrccs, tia follows:
Ilalnnce rcnlvi-d from sale of colliiteral trust bonds, not acloiiiitiil r.T
l'r»

vcar's report

;.i>i

.ii

$J,2I>3,333

tnriMi on nr-t '-Mi-olidated iiiortKi^Kt)

Kii'iu wall

From

111

I

111

the estate of

C!oal

bunds
OuytoQ RR. trust oortiUoatco.
Erie H'y Co.— bonds of the Towanda

II uiLiltoii ,t

tlio

Couipanr .....:

53,625
5,000

99,500

UakloK a total of
$3,686,943
This amount has been applied mainly as follows, viz.
the railroad of the N. Y. Lake Eric •& W.
Ou ci'
-

f

•.iMipauy
of the property of the N. X.

C'

In

liiji'

Docks
i:ar trust

$,">03,932

Lake Erie it W.
luipruremeut Company
of New York and others for account of e<iulpment.
.k

Advaaees

to other eooipiinies

Total

l,365,0."il

$3,230,162

For a clear unilerst;in<ling of the flgnres relating to earnings
and expenses, it should \>e remembere<l that 68 per cent of tlie
grow earnings of tlie New York Pennsylvania & Ohio RR.,
feased, is included in the statement of gross earnings, which is
the amount this company receives under the lease for operating
the road, the remaimng 33 percent 'being paid tb'tbe lessor as
rental.

SURPLUS EARNINGS.
The following shows the surplus earnings which have been
invested by the company in improven\pnts to its road aild projiert V from rear to year sinct' the reorganiaition For four months
,

:

for the fiscal year ending tJept. 30, 1879,
I'^SO, 11,790,020: 1881, |1,892,597; 1882. $551,133
(Nl; total, 17,120,354.
...

in 't87H. ^2M,.')I6";
111,201,1)71:
188;i, |;l.

:

-'0.1.

FUNDED DEBT,
The funded debt of the company Sept^ber 30, 1882, was
During the year changes have been made therein
170.267,137.
as follows

:

"1.

As

stateid in

outstanding."

The tables of comparative statistics, compiled for the Chronicle, for four years past (including the New York Pennsyl-

&

Ohio Railroad from May 1, 1883, of which 68 per
cent of the gross ejirnings are included) are as follows

vania

ROAD AND
1879-SO.

Miles

HiUs I'sed

<fe

1881-82.

1882-8S.

540
480

550
480

1,068

1,009

1,020

1,060

1.660

528
406

544

17,420
3,416

20.091
3,218

contrl'd

Total operated
Locomotives ....
Pas'., mail & ex. cars.
.

FreiKht cars
Coal and other cars.
Xucludlug
motives.
*

oil

New

Chronicle.
The Chicago

&

Atlantic Railway

was

opene<l for business

THE BLOSSBCRO

demonstrated

CX)AL CXJMPANY.

its

564
•613
•31,767

26,200
2,686

*5,58!>

& Ohio euulpment except loco-

-

2011 cts.
2016 ots.
1-947 eto.
l-9fl'.»ot«;
S,715,'<!>2 11,0S6, 823 11,895,238 i:i.«10 628
Freight (tons) mirge.l721U2095 1984394S55 1954389710 2306946833
Av. rate p. tou p.mlle
0-836 cts.
0-!i05cts.
0-749cta.
0-7a0et&
p. pass. p. mile.
t-i-oight (t«iis) moved

—

hami7igt

$

Pawenger

9

3,682,951
14,391,115
Mail, expr'8,rent«,&c.
619,042

4,041,267
4.384.510
15,992.275 14,(H2,128
682,063.
949,136

:7,-'i3,«^i

Total proas eam'gs. 18,693,108
Ot)eratin / expenses^
Maintenance of way.
1,938,715
Malntciiunco of cars.
861,135
Motive power
3,2i«l,142
Transp'tion exp'nscs. 5,109,980
General expenses
412,953

20,715,605

10,975,774

22,802,318

98 ,905

1,995,368

Freight

Total

11,643,925
7,049,183
op. exp. to earu's
62-29

Net earnings
P. 0.

4,632,238

956,396

1,036,805

1

3.782, ••62

3,639,506
5,83 .',979
610, i78

2,720,174
1,299,988
4,443.908
6,421,979
559,638

13,088,093
6.887,681
65-50

15,444,58a
7,357,683
67-tS

Z,*^

5,851,335

466,323
13,y56,230
7,459,:!75

64 00

,0(I9,««2

COMPARATIVE 8TATBMEMT 0¥ PROFIT AND LOSS FOR FISCAL YKABS
ENDOO SEPTEMBER 30, 1881, 1882 AND 1883.
OredUa—
1881.
1882.
1883.
Eani's— Ma|n Hue & branches.. $30,715,605 $19,975,774 $22,S02.247
Working expenses
13,-266,23J
13,088,091
15,441,589

Sterling excliiingi'

$r7,459,375

'267,480
22.853
66,755
5.t,;<62

50,012
4,048
1S,0S8
119,530
:i,624

235,962
1586

PatersonA- Newark RR.— rent.
Rent iixiHiisesof stockyards.
Eric liulldiugs-rcnt

$6,887,680
281,151
21.979
70.235
35„521
20,566
2,849
18.818
49,244

$7,3.->7,664

83
238,593
1,184

70,391

8340

30l.23t
2I,760
72,688
18.918
3.805
2,537
24,710
2-.',

426

299,070
7-28

31,643

6,177
9,638
19,920

$8,303,681

'87,66:',335

$8,234,463

$249,643

$245,108

RK. expenses.

23,73.'S

24,'<51

$266,638
26,873

merest on l>onds ...
N.Y.LE.&W. baggage express.
Weehawken
_
docks -expenses
Grand Op. Houb4'. &v — expens

10,237
06.010
15,379
50,447
5,520
31,007

7,000
67.045
28,142
37,«48
4.514
33,924
36,407

Total credits

Dcbila—
Pavonia ferries-expenses
Pavonialliiitii'

.

aliout the first of June last, and lias already
great value to tliis company as a connection.

5'14

435

Rate

;

&

593

OI-ERATIONS AND FISCAL UE81ILT8.
Opcraliotu—
1879-80.
18S0 81.
1881-82.
1882-8S.
Passengers carried
5,491,431
6,141,1.'J8
6,784,195
6,934,724
Passenger mileage... 180,400.204 200,483,790 225,130.883 247,147,117

the report of last year, the third

;

188J-81.

Y^ork Pennsylvania

Net earnings
mortgage bonds of the company have been extended for a Pavonlafcrrlcs-earnings
period of forty years from March 1, 1883, at the rate of four Pnvonla Horse KR.—earnings.
and one half per cent per annum, a yearly saving of two and N.Y.L.E & W.baggage express.
Wechawkeu docks— earnings..
one lialf per cent. In the extension of these tjonds it was (iraiid
Op. House, Ac—rents..
fotuid that two hundred and thirty-four of the issue were so Unclaliiie<l bagitage. Ac
much defiu-iHl that they were not a 'good delivery' under the BriHiklyn Annex—earnings. ..
rules of tlie New York Stock Excliange, and they were there- Elrtvaloral liull'alo
Blake's Docks, liuOalo—cam's.
fore canceled, which, in pursuanc* of the provisions of the Interest on Kconritles....
first consolidated mortgage, involved the issue of a like number
of the bc>nds of tliat class to take the place of the lx)nds canceled as above stated in making which exchange the company
realized a premium of $53,625.''
The total funded debt S«n)t. 30, 1883, was $75,267,136.
The lease of the New York Pennsylvania
Ohio Railroad
for a period of SMt years was ma<le, taking effect May 1, 1883,
and has been ratified by the stockholders of both companies.
The terms of the lease have heretofore been stated in the

EQiril'MENT.

529
4'0

owned

.

156,929
1,254,249

,

ii|Kin

which, under such

& Western.

Unelatincd havguge, *e
Brooklyn Annex -cxiienses...
Elevator nt lluiralo -expenses.

81..59I

Docks, HulT.— oxiM^uses

27,858

Interest on funded debt
Ucck Co liouds- Interest
Weeliawkcn Docks -Interest..

4,148,74.-)

Bliike's
I.s>nK

" Tlie operations of this comiiany and its railroads for the
inurest..
year ending Dec. 31, 1883, resulted in a net profit of $a')0,000, Guaranteed
Interestoii Ioihib
or over 17 p«»r cent on your investment in its capital stock.
Interest on UKirl.'iiges, Sm
" This sum, however, was applictl towards the extinguish- Interest on eipil|>incnt
ment, in part, of the lutbilities subject to which your purchase Rentals of Iciwx-'l lines
8u«. nriti;..I.KK— riMit
of its stock was made, anil the acquisitiim of such additional PiitcrsoM A Newark
KR- rent.
fiK-ilities and improvements us were necessary to the more
Coniiti rsigninx- iKinds
complete development of the jiroperty. It is also a large con- London olllce expenses
ExU'ndiiig tth luort. lH>uds
tributor to the tonnage of your road in tlie products of coal, Stiitecf New
York- taxes
coke and lumber."
State of Piimuylvaula-taxes.

1!>.556
4,316.:) 69

296,064

210,000
64.453
50.908
94.447
17,076
316,418

68!',802

7i»4,S61

17.901

18.206

210,000
tt4,4.'^3

86.914
S8,6t2
3:1.657

6.8-ra

76,683
25,167
15,518
4.0'24

39,858
11,707
37,720
4.546.398
2:0,000
61,453
50.908
91.0.13
1

8.03k

464,308
724,0O»
13.337

4,'297

843
6,:t35
'275

98,758
15,556

1.256
13,318

130,503
24,548

13,758
li7',5"i4

11,647

THE CHRONICLE.

330

1833.

1882.

1881.

state of New Jersey— taxes
Rent tt expenses or stock yards
Exfg JJ.Y.& N. E. 2d mort. Ms.
Claims prior years
Eric Builrtiiig— expenses
New York State taxes for 1880.
N.J. State taxes for 197O1880.
Extending 3d mort. bonds

$iO,CO0

¥26,421

$J4,334
3,326

489

8,600

[Vol.

XXXVIU.

as follows Of equipment bonds there were sold and issued
1318,000 and $80,000 additional of these bonds were purchased
during the year (and canceled) by the trustees, out of the sinking fund provided for that purpose. The issue of these bonds
:

has now been completed, no more being authorized by the
mortgage. The amount now outstanding is $841,000. One
and a half million of dollars additional of the general mortgage bonds have been issued. There were sold and outataiwiT
$6,968,978 ing on January
$6,501,693
$6,416,263
Total debits
1, 1884, $4,000,000 of general mortgage bonds
$1,265,485 The unfunded debt was $1,424,994 on January 1, lS(4. This
$1,166,642
$1,887,417
Surplus Income
was incurred (pending the further negotiation of the sale of
CONDEKSED BALANCE SHEET SEPT. 30, 1881, 1882 ASO 1S83.
general mortgage bonds) entirely for construction purposes
1883.
1882.
1881.
Debits—
under
and pursuant to the terms and provisions of the mort4,737,102
4,542,721
3,598,597
Construction—Main line,
1,178,449 gage securing those bonds, and for the purpo,se of affording
1,424,4C6
1,426,327
Third rail
,
2,315,190
1,580,788
1,162,377
E<iuipment
•--.
612,499 the Atlantic & Pacific Railroad Company some temporary
580,250
387,388
Real estate
443,258 assistance necessary for the completion of its line. The sums
401,546
259,713
Construction brancb lines
46,749 so loaned to the Atlantic & Pacific Company have been duly
N. Y. P. <fe O., construction
211,367 secured. The company has good reason
211,367
211,367
Buffalo elcyator
to expect to soon dis214,539
214,539
210,973
Ship basin and docks, Jersey City.
126,714
126,714 pose of the remainder of its general mortgage bonds and
126.713
Eelugh docks, BulTalo
40,503 thereby discharge its obligations for borrowed funds." * * *
37,113
27,890
Wcchawken docks, construction
153,345
134,545
89,865
Blake's docks, Buffalo
" The extension of the main line from Pacific to St. Louis
25.346
25,346
25,346
N. Y. & Fort Leo RR
31,566 was completed during the year, and on January 1, 1884, we
31.566
8,298
Improvcm'ts at 40th 8t. stock yds.
commenced running our trains direct to and from that city
52,205
Buff. & .Southw. imp. account,
'3,506
3,500 upon our own track. Tliis has been the wish of the company
FlapK's Railway gate
3,800,306
2,602,501
1,667,851
Paid on account of equipment
since its organization, and the advantages will in due time be
3,269.107
2,909,652
734,490
Stocks of other companies
273,820
293,819 fully demonstrated." * * *
273,8
Bonds of other companies
4,29-i,852
3.158,479
Am'tsduebyag't8,othercomp'8, &c 2,565,415
"The number of acres of the company's lands sold during
1,491,309
3.406,420 the year was 836,272 acres, for the sum of $48.'),049, being
Advances
the
976,095
1,596.229
1,206,181
Materials at shops, 4e
508.617
322,460 largest sales for any year since the organization of the com77,150
Cash on hand
23,713
14,126
10,900 pany. All lands relnaining in Greene, Christian, Polk, LawCash in London to pay coupons
34,666
34,667
34,1)67 rence and Stone counties were sold to the Scotch Company
Bills receivable
269,675
269.675
269,675
Discount on common stock
20,788
476,163 (which had formerly purchased extensively other lands), aggreDiscount on bonds
l.')0,99.i acres remaining in the countiei
Estate of the Erie Railway, &c.... 151,240,930 150,659,735 150,311,883 gating 168,.'534 acres
218,340 of Laclede, Webster, Dallas and Camden, were sold to Ameri.
Extending 3d mortgage.
cans.
The parties purchasing propose to actively proceed with
165,680,902 172,602,350 178,089,495
the work of settUng and improving the lands they have thus
OCredlls—
Conuiion stork issued
76,,943.100 77,087,600 77.150,600 acquired."
7.987,.500
8,134,800
Preferred stock Issued
7,,632,200
ASSETS OP LAND DBPABTMENT DECEMBER 31, 1883.
Funded debt (see Supplement.).. 67,,165,665 7i'.267,138 75,267,137 South Paeillc lands unsold
162,652 acres.
650,000
534,000
300,000
Loans payable
Atlantic & Pacific lands unsold
1,631 acres.
10.38.5

56,000
11,436
24,260

.

'

1

.

;

Bills

58„500

payable

Interest on bonds due aiul accrued
PrefeiTcd stock dividends
Rentals of leased lines, Ac
N. Y. P. & O., rent
Payrolls for Sept
Audited vouchers for supplies
Trafflc balances, &o

Ij,109,530

36d',58i

769;33i

684,826

939,.584

1,6.52,411

644,080
127,325

598,066
130,479

1.810.304
1,018,521
217,567

2 791,424

2,791,221

2,791,224

116,390
376,197

116,490
376,737

116,490
376,737

ami improvements
first lien bonds

tion

5, 798,556

loss

CONTRACTS ON HAND DECEMBER 31, 1833.
South Pacific lands, value
Atlantic & Pacific lands, value

$131,898
32,53&

Total

$464,48&

6,476,378

Lands

Town

$246,125
73,650
464,135
185,620

lots

Contracts

2,236,667

Sinking fund,

and

Total
164,283 acrt^
Estimated value of above
$246,125
Town lots on hand Dec. 31, 1883, 1,473, valued at $30 per lot. $73,6J0

SUMMARY.

Interest on osses.sments, Ac
Balance of advances to construcProfit

173,634
1,292,002
4,524
409,851
632.166

,548,079

1

Sundries
Ass(?psments on common stock Erie
Railway (*'4 per share)
Assessments on pref'rred St ock Eric
Railway (.^2 per share)

49,5C0
1,157,875
4,380
341,051

100,000
7,120,354

165,680,962 172,602.350 178,039,495

Lonis & San Francisco Railway Company.
(For the year ending Dec. 31, 1883.)
At the annual meeting of the St. Louis & San Francisco
Company the following directors were elected for the current
year
C. P. Huntington, Leland Stanford, Jay Gould, Russell
Sage, Jesse Seligman, E. F. Winslow, J. D. Fish, W. S. Buclcley, Horace Porter and A. S. Hatch, of New York; W. L.
Frost, of Boston, and C. W. Rogers and R. S. Hayes, of St.
Louis. The number of .shares voted was 187,764.
The annual report states that " The crops for 1883, in the
regions traversed by the company's lines, were only moderately good. The wheat crop was considerably less in quantity
than that of the year before but the yield of com was quite
St.

:

:

;

satisfactory.
" Owing to the diminished activity in the iron industries of
the country at large, the customary and important ore traffic
of our lines has been during the year greatly curtailed.
" The live-stock traffic has been increased during the latter
months of the year by reason of the extension of the line of
Pacific Railroad in the
the Central Division of the Atlantic
Indian Territory, and which continues for the present to be
operated by this company. This extension, however, did not
reach Red Fork Station (on tlie west side of the Arkansas
River) sufficiently early in the year to afford the full measure
of advantage in this respect, and such as may be expected
hereafter.
" The through service to the Pacific Coast, created by the
completion of the Western Division of the Atlantic
Pacific
Railroad between the Rio Grande and the Colorado River, was
opened near the close of the year. This makes a most attractive and advantageous trans-continental line. Passengers to
and from St. Louis over, our road can now go between St.
Louis and San Francisco without change of cars, and, owing
to the location of the line along the 85th parallel of latitude,
will not suffer from the extremes of temperature and delays
from snow, as upon other routes." * * *
"It is gratifying to note the continued favorable showing in
respect to the ratio of operating expenses. The actual operating expenses for the year were only 40 86-100 per cent of the
gross earnings. The percentage of all expenses, improvements
and taxes was 46 79-100 per cent.
"As shown by the report of the Vice-President and General
Manager, $64,673 charged to improvement and paid out of
earnings were expended for property at Newburg, half way
between St. Louis and Springfield." * * *
" The changes in bonded indebtedness during the year were

&

&

Caah and cash items
Total

$970,130

The comparative

statistics

Chronicle, are as follows

for four years, compiled for the

:

1880.

1831.

1882.

661
598
OPERATIONS AND FISCAL RESULTS.

Miles operated

1889.

725

778

Operatiom—
1880.
1881.
1882.
1883,
181,744
428,9S7
293,228
318,811
Piujsenger mileage... 11,886.882 18,529,140 20,148,500 25.872,537
3-57 cts.
3-68 cts.
3-26 ctoi
Rate per p;iss. p. mile
3,59 cts.
Freight {tons )movcd.
636,686
683,.544
753,573
784,7J5
Freight (tons) miles. .109,178,009 123,867,774 137,331,335 162,384,761
1-72 eta
Ay. rate per ton p. m.
1-99 cts.
1-89 cts.
1-93 cts.
Passengers carried.

.

Earningn—

$

$

424.102
2,180,333
93,936

665,331
2,342,610
152,582

$
741.388
2,648,383
182,469

2,793,-503
1:60,79$

Total
2,698,371
Operatina eiqienses—
Malut'ce or way, &o,
439,592
376,199
E(iuip. & met. power.
Transport'n expenses
302,184
Taxes
42,322
General and misoel..
123.766
222,116
Extraordinary

3,160,523

3,572,240

3,896,56»

447,-578

152,8 -(7

461,535
470,496
421,125
81,125
101.609
89,871

431,05?
558,245
498,137
93,7«»
104.731
137,202

1,506,169
1,192,202

1,617,966
1,542,557

1,625,781
1,946,159

2,073.437

Passen.ger
Freight
MaU, express, dbc...

Total
Net earnings.

P12.266

$
437,899
382,383
93,988
103,231

1,823,128

INCOME ACCOUNT.
1880.

S

Reeetpls—
Net earnings
Other receipts

1881.
<D

1883.

1882.

o

ay

1,192,202
25,598

1,542,557
50,648

1,946.459
56,857

2,073,197

Total net income.
Disbursements

1,217,800

1,593,205

2,003,318

2,097,813

Interest and sink. fd.
Int. accrued, not due.
Divs. on Ist pf. stock

705,950
101,251

821,192
109,865

1,071,815

315,00!)

Kate of dividends

157.-500
3^2

Atiscellaucoua

105,022

—

7
162,575

21,87ft

19,026
315.000
7
63,913

39,857
,669,140

1,108,932
1,199,754
128,378
603,582
148,074
181,273
TEAR.
FI-SCAL
AT
CLOSE
OP
EACH
OENERAL BALANCE

Total distau-sem'ts.
Balance, surplus

1,069,726

1

1831.
1882.
1880.
Assets—
$
$
$
42,061,062
RE.. bl.igs,C(mip..*c. 38,015,382 38,280,340
551,785
1,121,625
1,121,585
Stocks owned, cost..
469,5^6
402,344
Bonds owned. co.st...
4S3,551
1,032,512
710,685
710,685
Bills receivable
108,756
138,407
154,656
Materials, fuel, &.e. ..
l.S6,848
873,428
271,911
Cash on hand
1,631,9.35
4,426,435
Construct'n aects...,
3,245.232
81,158
100.092
82,653
Acets. receivable
188,451
83,319
83,269
Miscel. items
Total

11,090,161

45,615,134

49,285,363

1883.

$
1,381,219
"972,350
1

16!l,556

1,735,335

99,061
821,062
3,103,12i2

72,261
206,032

51,422,301

MAncii

THK CHRONKILR

18t:'4 1

Iff.

Sil

S.lTiiurl
it.

I

KiTiis.

.

11

ill'' iiin

I

<'l>ijrt

I

iOI>

year 1883 as follows

:

1882.
.....$7,383,200

'(H)

l'tl.'J.>4

i4ii,Hti:i

!]S»,3!)4

22»,US

8I7,S47

1247,003

144,004

144,733

l.'.H.mu

^

11

S07.4«r.

:m

1,120,391

:n7,.117
1,42 1193

Kiptniies

Net eamlDira

4.M,0T7

WmukII

157,300

IB2,'21'J

Ii

.•m,tl^7
110,013

28lt,linj

70,4.13

02A,OU9

010.331

1.374,00d

102, 013
1.802, 104

^

Ramlngii

Sage, R. ,]. Litrklimd and
Hhowiul tho oarning* for tte

.St.
ik

:

IS

L<)CIS&

43,013,134

49,'i83,3e3

31,422,301

^t ini'f..
,.

.

:,.ek liclil iu Inist. ifMllt.iMi."!.

i

Uoiuia owui'U

t

r.oiil«

Til.' a!

lutni

am St.

LuiiU Wli-lilln ic Wwtvrii.
LA.VD AS.SETS.

include the land dcpjirtwliich uro cslimuted by the company a-s follows

lovo balance sluH't does nut

ii>sil«,

:

IjtnilH
Town loto
Ooiitrnrt.s
i-asb Kiitl iiish Iteuw .

IS so.

ISSl.

f2,030.312
50,210
037.702

$I,71U.1.'>.%

4:),a82

177,409

1S!»2.

l»«83.

$HU1 .902

PACina—The annual

O.'>,030

7M.<i.''.(>

363,307
409,032

404,4:10

*2.707,030 f2,51".509 $2,019,371
1 1 8.000
I.M* seoarlfs ontof d'g

$070,131
17,730

$2,019,371

.11332,381

Value of

nsK.'Is..

$2,517,509

$2.0 lO.tKIO

Soutliwcsteru

^(joultl)

meetinsrof «tn<-k-

Tho

inl

foll'i

Solon 1'
Hayes, SM
K. Tutt, Ad^

A.

L.

-(,

I

I

1882.

1883.

Gross earnings
Operating expenses

$0,140,831
0,300,933

$9,331,312
6,704,752

Not earnings

$2,939,418

$2,820,760

iii21(!.42.->

44.720
845,1»25

.

$3,690,110

Hopkins, 'R S.
n,
•111, James Cheney, Thomas
r,
I'Igley. George L. Duiilap, F. L. Ames, J.-ui
.y,
and G. *i. Haven.
Tlie report 8ubmitt«>il was only for the half-yoar ending Dec.
31,1883 instewl of the whole year, and no statistirs for tho
whole ycir are yet obtainable. For the six months July 1
Dec. 31, the statement was as fuljows for two yeare:
,'<>,

1

(

* San

FrnnrlRCo roni , $110,000;
*2r.I.2H.\; St. Louis Wlcli.ik W., cum., i(iUl,300;

follows: Kf.

4,2t4,&e4

$3,733,621

place in St. liouis March 11.
wa« elected: J.iv Doiild,

.•^

ToUkl Uabimiea.. 44,000,404

I8«3.
$7,001.0193

3.846,3il8

183,020

System of Railroads.

GENERAL INVESTMENT NEWS.
—

(Jront Southern. On Moiida}-, the ITth day oif
a meeting of the stockholders of the Alabanui
Great .Southern Railroad Company will Ix! held at the office of
the company in Birmingham, for the purpose of voting upon
the projHisitioii to increase the issue of preferred stock of tho
company bv the amount of $3,217,000. thereby increa-sing tho
capital stock of the company to the total amount of $10.8:50.000.

Alabama

April,

1884,

{For the year ending Dec. 31, 1883.)
The brief annual statements of the Missouri Kansas & Texas
and the Tcxius & Pacific have alreaily Ix-cn rei>oii:cd in the
K'liRONlci.E.
Tlie annual moeting:s of the three other coniBurlington Cedar Rapiil.<i & Northern. Action was taken
jjianies weiv hcUl in St. Ixiuis this week, and the rejwrts will
ll)o found Ik-Kiw.
The report on the general working of the at the annual meeting of stockholders for the pur|)ose of
changing tlie articles of incorporation. The issuing of bond»
[whole aysteui in 18S3 has the following remarks: "Coinmencfor coiLstruction ])urposes by Ic.xsed-line companies, it is
|ing January 1, 1883. the Oalve.ston Houston & Henderson
thought, .should be avoided, and that but one series or class of
ORailroad has l«'en operated as a part of the International &
bonds should be issued, and that direct by the Burlington Cediir
tireat Northern liailroad. under its lease to that company for
No new construction has been done excejit to Rapids & Northern Railway Company. The lx)ard of directors,
'ninety years.
therefore, have in contemplation the issuing of a consolidated
<oiuplete
branches in progress at the close of the previous

—

the

&

Sabine Railway, completed to Ogden,
vear, viz., the Trinity
*rcx., 12 miles; \Vhite River Branch, St. Louis Iron Mountain
Southern Ifailway, completed to Batesville, Ark., 13
miles: Doniphan ISranch, St. Louis Iron Mountain
Southern Raihv.iy, completed to Doniphan, Mo., 10 miles; total

&

&

,,.,„ 1, _...,,, ^1

tlic St.

,-,,,. t(.,l

mileage,

tlie

Wab.nsh

i^h

.St.

Louis Iron

3.5

is

miles.''

thus referred to

:

"

On

April 10,

& Pacific Railway was leased to
Mountain & Southern Railway Company,
Louis

jand lias been operated since tliat date in connection with the
"Mi-souri Pacific system.
Its oper.itions for tho si.x months
iilv. from .July 1 to December 31. 1883, are included in this
..
.
tiip practical economies and measures for its more
i>I)ei-ation, adopted .sul>sequent to the lease, can only
have taken effect during the period named."
The mileage oi)erate<l on December 31, 1S83, of both main
Bind side trat-ks, was 10,:V)9 miles, of which 3,.'566 miles belong
There are 813 miles of side tracks on the
t^> the Walwsh.
<ntire system. Thejincrease of mileage during 1883 was 'ill.
The gro.ss and net earnings for the past year, compared with
those of 1883, are as follows
1

I

i

'

:

Wiwonrt PnHflo
"

•

'

h U. r..
Ti>x;is.

irthcin.
•

i'"iw

I

.nl

I

.V

Ken...

r;uilic
MuUUtillll

-

V

I

..t

-Oroas Earnintja.
iss:!.
1S82.
$9.1S3,731 $8 094.619
L.'.O.^.SIO
1.014,044
7,«43.r.ll
6,450.401
3.4:(.-«.9(!8
3.312,285
3S9.831
7,043,ii52

o,hlS);732

7.901,033

7.o82,-..08

-AX

Earniiif/a.

1883

.

1882.

$1,175,200
075,173
3,197.007
9ol,251

?,),T0J>,730

1,048.607
3,690,110

1.343,291
3,735.6.!0

44l,;!)8
2,20.7,477

1,006,000

$37,278.72.'5 $32,373,154 $14.297,^76 $12,582,319
Totals
9.5:11, 'jl2
9,440.:)51
Wab. binco July 1..
2.826,700
2,939.417

Grand

j

Not operated by

•

:

totals.... $40,810,237 $41,813,705 $17,124,330 $15,501,730
tlic I.

A O. N.

Pacific— At

St,

:

V

•

:

\Karningtfrom—

1882.
$3,665,913
1,814,062

rrtittlit

iMnrai^eTn
iBts, niall, express,

&0

of railway. To do this necessitates an Lncreaao of the company's capital stock.
The amount is now tixed by its
incorporation, flO.OOO.OOO.
The bonded indebtedness is f 0,500,000. The company proposes to raise its capital stock to an authorized amount of $30,000,000.
The directors
meet on April 9, 1884, to take final action.

articles of

Chicago & Orand Trunk.— The report of the directors
shows that improvements during the year amounted to
An increase of equipment is intended, and steps
$1,308,000.

An

will be taken to obtain the needed additional capital.
increase U shown in the passenger and freight business.
During 1883 total earnings were $3,977,000 operating exjienses,
$3,300,000, or 76 i)er cent, ag.iinst 83 per cent for the year
previous. The net revenue wa.s absorbed in payment of interest on bonds and rentals to other companies.
;

Cleveland Columbus Cincinnati

&

IndianapolI<i.— The

directors of this company will meet in New York this week
to consider the following resolutions, adopted at the meeting
of the stockholders:
Whereoa, Large sums, amounting to more than $3,000,000, bave
from time to time been expended la Iniprovonicnts npon Ilio property
of Ibo said railroad coiiipauy and its teased liu<-H. aii<] In aequiring additional real «^state and iiierea.sed tenuiiial fae lith'.s; therefore, be it
Rfsolreff, Tlmt the diroct<irs of the eoiiipany be and they .-ire hnrehy
respectfully re«iiiested to deelare that the Htoekholders of r.ntltled to soeh dividend or dividend.s a.** properly represent
e,
ainoUTit of net earnings of the Cbiveland CaMunbiis Cini':
idianap<ilis Rai.waj' Company whieh have been here'ofo:
Improveiuent.s upon an<l additions to the i>roperty of the >.'
v
and lis Ie;t.^ed lines, and for wbieb the revenue aeoount of
,tpany may properly be reimliiirsed from capital or addilionai S'-curitios
representing the cost of such addiliou:^ and improvements.
1

1

)

t

ii

—

In 1882.

Louis, March 11, tho annual
r
the stockholders of the Mis.souri Pacilic Railroad
\\'as held, ."ind the following directors were electf<l
...
i. Ru.s.sell Sage, F. L. Ames, .Joseph F. Lowerv, R. S.
Hayes, S. 11. H. tUark, Sidney Dillon, Thomas T. Eckert, (}. J.
Forrest, Samuel Sloan, A. L. Hopkins, H.(i. Marquand and Geo.
Gonld. The report for the year ending Dec. 01, 1883,
jj.
phowed the earnings and expenses for the year as follows

^tiRmirKi

five per cent bond, for the purpose of eventually retiring all
outstanding bonds on the main and branch lines and to defray
the expense of extending and e<|ui))ping the company's system

IHS.'J.

96,409,640
2,oh:),V80

614,643

3U8,S01

$',094,018

$o7l 53,730

$1,327,679
1,068,173
1,309,016
373.897
248,271

$1,040,685

$1,327,036
$3,766,932

$4,978,404
$1,175,260

Uelaware Lackawanna & Western. One of the cau.ses for
the recent large advance in the stock of this ci)mpany was tho
rei>ort that the tniiik line arbitrators had awarded it 14 per
cent of the pooled west-bound busihess. After the clinvix was
reaclie<l in the upward movement c^f the stock, it tninspired
that the award wtis only 12'6 |>er cont. in8tea<l of 14 per cent
of the whole business. The first rejiort Wiis apjmrently untrue,
and this s<>ems to Ix- a case for the application of the new bvw
introduced in the New York Legislature f^ir punishing the dissemination of false reix)rt4 to influence the value of stocks.
In view of tho fact that the recent annual reijort showetl
earning which were .said to be equal to 14 per cent on the
stock, it is rather remarkable, if true, that miners' wagt's are
to be cut down.
A report from .S<:ranton. Feb. 29, said " The
miners employed at the .Sloan & Continental Collieries of tho
Delaware l.;i<'kawanna & Western f'om|)any in this city have
received notices, through their fi>remen. of a sweeping i^uc:

,,

for—
ion

vr
."1

M

:.ioii.iiiccof
iiiitenaiicc of

1

way

liintral

Neto»rnln(r»

ears

i

l,442,.S8(i
1.:J

15.450

401.:(21

148.420

St. Ixnis Iron Mou.ntain & Southern.—The stockholders
of this railroad company held their annual meeting at St.
Ix>uis, when the following directors were elected
Jay (iould.
It. S. Hayes, Thomas T. Kckert, A. L. Hopkins, Sidney Dillon,
U. O. Martiuand, Henry Whcelen, Joseph S. Lowrey, John T.
:

tion of wages, to takeefle<!t next Monday. The notices wero
verbal, and intimated that the pay of tho men would lie cut
down 10 cents per car. Great care has been taken to prevent
publicity." • » • "As the men are employed only threo
days a week on meagre pay. they are gn-ntly disheartened
over the proiMiscil cutting down of wages, which will m.iko
an im|x)rt:mt item in their monthly earnings. At the two ixillieries named six cars constitute a shift or day's work for a
miner and laborer, bo tliat the reduction will be OO CL>nta per
day, of which 40 cents will be deducted from the pay of tlM

,

THE CHRONICLE

332

[Vol. XXXVIII.

miner and 20 cents from that of the l8,horer. At the present First call......
c^--;
working full time the miner earns from $7 50 to $8 a Second
Third caU
week, and tlie laborerabout $6."
.......
Fourth call

—

rate of

$5,397,500
:....:.. 11.430;boo

—

6,032 000
p o^9 nno

,

-.•.

Fifth call

l.WOW

Dnbnque & Sioux City. The directors have declared a diviTotal
$29,891,500
dend of aj^ per oent, payable in April. For sometime hitherto
the half-yearly dividend has been 3 per cent. The road is leased
New York & New England.—The Raih-oad Commissioners
to the Illinois Central, which pays a rental of 36 per cent of of Connecticut have approved the petition of the New York
&
gross earning?, which in 1883 were $1,092,034. The statement New England Company to issue $5,000,000 preferred stock, to
of receipts and expenditures is as follows
be paid for either wholly iu cash or $50 cash and two sliares of
:

KKCEIPT?.

drawback to I. F.
Interf St on stock—

licss

$97,165
$393,128-

&8. C

49,533—343,545

Iowa Land & Loan Company
Other sources
Total

15,6t8
1,721

,

$458,080

I

DISBtBSEMBKTS.
Dividends

$299,964
58,720
4,085—362,769

Interest

Expenses

$95,311

Surjilus

—

East Tennessee Yirginia & Georgia. It is reported that
negotiations are in progress for the lease or sale to this company of the lines now owned by the Alabama New Orleans
Texas
Pacific Junction Company.
committee of the East
Temiessee board has gone to London for the purpose, as
reported, of negotiating the lease with the company abovenamed, whicli is an English organization.

A

&

—

Fremont EllHiorn & Missouri; Tliis railroad has notified
(he 7 per cent bondholders secured by separate mortgage on
the second, third and fourth divisions, and redeemable October 1, 1884, to April 1, 1885, that they will huve the privilege
of exchanging them at par until April 1, 1884, for six per cent
flfty-year consolidated bonds, secured by mortgage on the
'

whble

line.

—

Illinois Central. At the annual meeting of stockholders
the following new directors were elected Walther Luttgren,
of ,A. Belmont & Co., New York, to serve until 1883 Sidney
Webster, Hobert Goelet and S. Van Rensselear Cruger, of
New York, to serve until 1888. Mr. Luttgren takes the place
of W. K. Ackern^an, who resigned several weeks ago. Messrs.
Goelet and Cruger take the places of Frederick Sturges and L.
V. F. Randolph, who declined re-election. Mr. Webster was
:

;

re-elect^.

—

.Kentucky Central. The following were the earnings and
expenses in 1883 and 1883
:

tSdrnings—
Passengeis
Frelslit

1883.

Express

4»i9,770
26,28'i

,

Mails
Miscellaneous

15,274
21,683

Total earnings

.'

Expenses—
Conducting transportation
Motive power
Malntenjince of

Maintenance

18S2'

$247,709
434. 16
20,350

$305,963
,

.;

common stock for each share of preferred stock also to issue
the remainder. of the $2,000,000 second mortgage bonds. The
Commissioners also recommended the passage of the supplemental act, which provides that the stockholders may, if they
choose, allow the preferred shai-eholders to elect a majority or
the whole of the board of directors until all dividends at any
time due on the preferred stock have been declared. This
would aUow those who advance money to say who shall manage the company imtil they have received interest upon their
advances. The sui)plemental bill also provides that preferred
stock, if issued, shall first be offered on equal terms to common
stockliolders pro rata.
The Treasurer of the New York & New England Roatl haa
offered to pay the coupons that were protested on January 1st,
but the parties making protest have declined to receive payment until the courts have authorized it. The Receiver, however, claims that he has a decree of tlie court empowering him
to pay the protested coupons.
;

Bslance Dec. 31.1882
Rental from lilinois Central

:

$838,975

.$724,363

$166,160

$165,020
93,324
111,047
22,120
23,573

"123,901

way

144,848
28,498
21,826

of cars

General expenses

14,358
7,630

.

$4>5,233
$353,742

Deduct coupon interest
Deduct rental of Maysville & Lexington RR.
Deduct rental of Richmond branch
Deducttaxes
Total deductions

Net

$34.^.951
. .

28,000
24,000
19,434

$417,335
def.
63,643

$415,090
$309,273
$130,630
23.000
20,412

$179,042
profit.

130,231

Mexican Central. — The main line of this railroad was
completed March 8 by the laying of the last rail at FresnUlo.
The line extends from the United States border at El Paso,
the City of Mexico, a total distance of 1,325 miles.
says: The funds to build the road have
been raised in the following manner: Subscription No. 1, of
March 27, 1880, realized the company in round numbers
^5,400,000, and for each cash subscription of .|4,250 a block of
$5,000 first mortgage 7 per cent bonds, $1,000 income bonds
and forty shares of capital stock of a par of $100 each was given
to each subscriber. The second subscription, January, 1881,
was for $11,367,000, for which a block of $5,000 first mortgage bonds, $1,000 income bonds and forty shares of stock
for each $4,500 paid over to the company was given.
April 12, 1882, circular No. 3 made its appearance,
calling for $6,032,000 upon the same terms as the second
subscription, and January 25, 1883, stUl another, circular No.
4, was issued, calling for the same amount as No. 3 and upon
the same terms, except that for a portion of the subscription
an additional bonus was given, and, remarkable as it appears
to|be, it is understood that of these large sums there has been
no failure in a single instance to meet the temis of subscription by the capitalists who have taken them.
In addition to the amounts mentioned above. President
Nickerson a few weeks since, finding that the road would require additional funds, secured a loan of a million dollars for
tn« term of one year, subscribers to have the option of taking
the bonds of the company at 65 per cent in payment instead of
cash.
Aggregating these subscriptions, we find that our capitaUsts have, up to the present time, invested the following
amounts in the Mexican Central

Texas,

to:

The Boston Journal

11

1

—

New York
been

Stock Exchange.—The following bonds have

listed:

&

New

Buffalo
York
Philadelphia.— $3,700,000 of the
$35,000,000 general mortgage 6 per cent bonds.
Chicago

St.

Paul Minneapolis

& Omaha.— $1,063,000

of

consolidated 6 per cent " B " mortgage bonds, dated June,
1880, due 1930, Nos. 31,778 to 32,839.
These bonds, together
with $30,000 of the same class, Nos. 18,663 to 18,692, were
heretofore reserved for the Black River branch, and are now
issued at the rate of $15,000 per mile upon 72'69 mUes of road,
its

extending from Eau Claue to St. Croix Lake and Bayfield,
also from Wakefield to Hartington, Neb.
The certificates are
held by the Central Trust Company of New York.
Northern Pacific—Since the last bonds were listed there
have been fifty miles additional insj^ected and accepted by the
Government, entitling the company under its mortgage deed'to
issue $1,250,000 more bonds, at the rate of $25,000
Nos. 45,510 to 46,759.
Application has been made to list the following:

jier mile,

New York Lackawanna & Western.— Five thousand
guaranteed construction mortgage bonds, each of $1,000, Nos.
1 to 5,000, dated August 1, 1888, due August 1, 1923, bearing
interest at 5 per c«nt, secured by mortgage to Farmers' Loan
& Trust Company, New York, subject only to prior lien of
These bonds are issued
$13,000,000, dated December 31, 1880.
by the New York Lackawanna & Western Railroad to the
Delaware Lackawanna & Western to reimburse it in accordance with the provision of the lease for constniction purposes
and in purchase of equipment. At present $3,350,000 of the
bonds have been disposed of.

Oregon Improvement Company. —This company's
ment for the month of January is as follows

state-

:

"

Total expenses
Net earnings

il
'I

Earning«.,Vl..„...
Expenses.:

Net earnings

1884
$264,192
215,824

$238,506

$48,368

$41,972

1883.

196,534

—

Union Pacific. In the Chronicle of last \yeek there was
some obscurity in the statement of mileage given in connection
with the annual report. The 308 miles belonging to the St.
Joseph & Western and the Solomon railroads were embraced
in the mileage of Union Pacific, on which the monthly reports
of earnings were based until Jan. 1, 1884, since which date
they have been operated separately. With this explanation
the following exliibit is made of the mileage and earnings:
1882.
Miles of main road
1,821
Total miles in the system in December
4,693
Total operated in Union Pacific intorest
4,180
Total after ,Tan. 1, 1884, 4,268 miles, against
4,180 Jan., 1883.
Gross earnings on 1,821 miles
$22,823,884
Net earnings on 1,821 miles
12,096,835
Gross carningson auxiliary roads (2,359 miles
Dec, 1882, and 2,755 miles Dec, 1883)
7,540,043
Netcamings on same
2,205,142
Gross earnings on total miles operated (4.180
Dec, 1882, and 4.576 Dec, 1883)
30,363,927
Net earnings on same
14,301,977

Western Union Telegraph.

1883.
1,821
4,753
4,576

$21,002,541
10,648,001
8,758,453
2,442,822

29,760,994
13,090,823

—The

report for the quarter
the following information
The report for the quarter ended Dec. 31, 1883, over-estunated
the net revenues for that quarter by $94,569, leaving theactual
surplus for that quarter $139,319.

ending March

31, 1884, supplies

1884.

Net revenues of the

qu.ar.

1883.

endine March 31,

estimating the business for March in 1884. $1,650,000
Deduct interest and sinking fund
126,420

$l,677,«i»
12 6,694

Net income
Dividend of 1% per cent on stock

$1.399,767

Surplus

Add nominal

$1,523,579
$1,399,800
3.970,932

*151,358
3,393,885

$4,094,711

$3,545,213

$123,779
surplus Deo. 31

Nominal surplus March 31

$1,551,12*

i
"

THE ClIllONICLR

MA.HCII, 1». 1884.]

5»a

COTTON.

She ®^^ttmetcial^^mi«s.^^

Xl l)V

COMMERCIAL EPITOME.
noted a decided rovivul of coniidence in speouhktivc
-nlues, and prices of several leading staples have mode adIt seems
ranceii, more or less important, in the past week.
>rol>ttble, however, that the season of sowing and planting
Ihj

no doubt contribThe
ited, with diuiinishing stocks, to the stronger markets.
fheck to the advance in foreign exchanges is re-aaauring, and
u fact the whole situation may be regarded as much imbe lato in nearly

all sections,

and

14, 1884.

I

from till- South to-night, is given lielow. For the w
/
,>i
evening (March 14), the total receiiits liave rwi.
ImiU'S, against (5H,7'20 baUw last week, 76,487 bah* tin-, prov ious
week and 05,013 balus three weeks since; mnkiiig the total
•

FiKDAY NufHT, Miirch 14, 1m»4.
Better weather has given some impulao to spring tr.i(lii, but
There is, however,
>u»ine88 i8 still backward for the BL>a80ii.

V ill

FUIDAY, P. v., March

this

this

i-

receipts since tlie 1st of Septt-mU-r, 1883, 4,18.'>,y2-l bai<w, against
5,187,721 bales for the sjimc iktIikI of 1882-83, showing ai
decrease since September 1, 1883, of 651,797 bales.

SteHptiat-

823

Indlanola, &o.
Mew Orleana...

Wtd.

TU4t.

J(on.

atu.

Salveaton

748

1,049

tH.

Tkurt.

1,184

The speculation in lard was quite depressed early in the
veek, and prices fell heavily but latterly there has been more
.ctivity at buoyant values, closing last evening at9'80@9'8a^c.

6.009

47

47

1,539

13.763
2,567
2,816
3,396

2,924

3,6S0

1.87*

1,050

2,516

Hoblle
Florida

873

229

187

106

441

Savannah

491

396

667

510

701

6^8

1,388

641

897

331

449

544
203
72
75
838

729
2.816

ObarleBton
Pt. Royal, Ac.

•."••

;

or prime Western on the spot and for early delivery, 9-93c.
ioT May, 10c. for June and lO'Ouc, for July; refined to the
Pork closes steady at f 17 75 for mess.
I'ontinent, 10'05e.
5acon and cutmeats without change, but closing firm. Beef
Beef hams quoted at $^@f2d 25 per bbl.
learly nominal.
fallow is fairly active at 7*^0. Steariue held at 10c. for prime,
pieoinaricarine sold to-day at 9c. Butter is firmer at 33@40o.
pr new creameries. Cheese firmer at ll@153^c. for State
aotory. Fresh eggs, 19}^(5@20J^c. The following is a comparative summary of aggregate exports from Nov. J, 1883, to
ilarch 8, 1884 :
1883-84.
17,197,400

1

Um

kacon.lbs
Liud.lbe

167,18ti,'2'J4

83,475,443

268,159,137

Total

I

TblaL

960

14.^

Bnmsw'k, Jio.

iroved.

fork,

.

issa-s.!.
18.a95.40l)
1

89,907 ,32'.J

102.456,2.50

311,358,981

Deo. tu '83-84.
1 ,798,000
22,421,028
18,980,816

43,199,841

44

102

138

185

76

1,014

609

2.593

813

363

81

140

142

417

924

371
733

317
068

VUmlngton
.Moreh'dC.iho
Norfolk

WesjPoint.dcc

Sew York

1,084

Baltimore

....

1,450

203

63%
78

1,915

6.460
1,945

127

l.'iOS

1,002
31

5,153

31

dto.

11

199

S81

1,502

33

2,156

Totals thl» week

8.128

8.312

8,610

7.207

0,000 i:,5j(9

49.876

Phlladelp'a,

For conipiu-ison, we give the following table showing the week'S:
total receipts, the total since Sept.l, 1888, and the stock to-night,
and the same items for the corresponding periods of last year.
1882-83.

1883-84
Beeeiptt to

ThU

Uareh 14

Week.

aalveston*....

5,009

570,'292

Indlanola,dco.

47

«,312

New Orleans...

ThU

Since Sep.
1, 1883.

Stoeli.

Since Sep.
1, 1882.

Week.

1884

35 930 66,628
21
288.291 327.23S
27,526 37,540

15,019 706.142
129
15.651
41,261 1,129,325
2,=tl7
291,673
175
14,590
10,850 733,303
5,508
9,219 525,089
3=3
21,533
120.160
1,735
200
17,096
12,687 695.393
202,588
3,589
4,831
117,070
4,474 137,535
37,322
650
3,12a
64,838

13,752 1,133,146

1883.

2,567 240,392
Rio coffee h£i3 been dull and depressed and closed at 12,'40. Mobile
1,926
39,19i«
2,816
or fair cagoes; options have latterly sold more freely, but at a Florida
41,576 70.894
Savannab
3,390 630.98*
harp decline, and closed weak at 10'35c. for March and April,
Brunsw'k, Ac
7,08
'0'40c. for May and June and 10 45c. for July and Aug^t; mild
33,371 55,816
Oharleston
4,450 404.137
(rades have been less active and somewhat weak. Tea has
13,229
Pt. Royal, 4o.
203
417
>een ijuiel and steady on the spot, but black has sold a trifie
tnimlngton
6,378 16,433
638
88,676
uwer at auction and at times options have weakened a little;
12,217
M'headCAo
75
he close was firm, however, after a fair trade; Japan closed at Norfolk
18,716 61,647
6,460 550,593
lO'iC for March,- 31 '4C. for April and 32>aC. for May.
WestPolnt.Ao
1,915 211.«33
CiL-e has been moderately active and steady.
Foreign fruits »6wYork
93,660
311,980 210,493
1,203
uive advanced in some cases, notably rasins, lernons- and
Boston
5,123 141,379
7,110
5,886
irangea.
Molasses has declined to 23c. for uOdegfees test
Baltimore
31
19,683
11.985 '26,9 If
'uba, with large sales at that figure; New Orleaps has sold
16,560
8,44^
V at unchanged prices.
Kaw sugar hasi been qiiiet PbllBdelp'a,*c. 2.156 20,399
nominal at «)i^@6 9- 16c. for 96-aegree8 test centrifTotal
49,ST6 4.485,924 111,181 5,137.721
810.472 888,518r^
* 13,724 balus adaoil us corrections of previous receipts at Gu'veston.
.1
.
lu'i i^^c. for fair refining muscovado; the receipts here
u\i' increased, and this fact, together with the unfavorable
In order that comparison may be made with other years, we^
r\ from Havana, has had a more or less depressing effect; give below the totals at leading ports for six seasons.
^
.hed closed at 7/ic., powdered at 7J^c. and granulated at
j

'

'

,s

|

1

BeceipUat—

7-16c.
rii.re have
-

1'

7

Icra

been larger inquiries for Kentucky toljacco, and
agree that prices are on a steady basis. Sales for

now

week embrace 588 hhds., of which 246 hhds. were for exort.
Trading on the Exchange has been to the extent of 475
hds.
Lug's have remained at 73^cu:8c., and leaf at Si^-CiUlJ^^c.
'he demands for seed leaf have also shown an improvemeut,

lie

nd a steady undertone

noticed. Sales embrace 1,G01 cases,
icluding 200case3 crop 1883 Wisconsin Havana seed, private
•imB; 555 casoscrop 1882 Pennsylvania, 5@20c.; 490 cases crop
'*><1
Pennsylvania, 6((« lOJ^c. 150 cases crop 1882 Wisconsin
lavana, 20(a'35c.; 100 cases crop 1883 Ohio, 9@l2c.; and 100
asy< cY^cp 1883 New England, 15@25c.; also 450 bales Havana,
>!.(:< ^1 15, and 150 bales Sumatra, |1 35@fl 60.
Little of interest has transpired in naval store circles.
-ins have retained a certain strength in sympathy with the
leiKn and Southern advices, but the movement has been
(Oall
strjuned to good strained, $1 50QCX 523^ spirits turpenIne has shown easiness and closed at 35@S5}4c. in yard.
Rened ijetroleum has had a dull week, but refiners have held
ly Abel test at 8J^c. for alL March deliverj'.
Crude oil certifi(itcs have been variable, but the final figures to-night show a
.tcliiie due to reported free flowing of wild-cat ventures ; the
'i;;l-st figures were $1 014^, the lowest $1 and the closing,
00;^. Little has been done in metals, but the general
s is comparatively steady
8,000 tons steel rails
,uu ill .J ol(^|35 at the milLs
copper sold at 14J^@15c. for
\ke, and lead at 4-05@4'12>^c., closing at the latter price.
There has been a moderate business in ocean freight-room;
lerth rates have shown irregularity and depression, but oil
barter tonnage exhibits more steadiness, and the movement
as been larger. To:day grain was engaged to Liverpool by
.earn at Id. flour at 5s. per ton bacon, lOs.
cheese, 15s.;
Jtton, 7-<S4@,4d.; grain to London by steam quoted 3d.; do.
b Bristol by steam taken at 3,'4d. from store; do. to Avonliouth by bteam, 3i^d, afloat; do. to Hull by 8t«am, ad.; do. to
intwerp by steam, IJ^d.; refined petroleum in cases by
'.eamer to Bombay or Kurrachee, 27c,
do. by sail to Rauis

;

;

;

1

;

;

;

;

;

9alveat'n,4o.
Hew Orleans.

UobUe
Savannah....
0harl'8t'n,Ac

«rilm'Kfn,&c
tTorfolk, &0..
411 others....

tot. this

w'k

.

1884

1883.

5,056
13,752
2,567
3,396
4,653
713
8,405
11,334

15,178
41,264
2,S17
10,^50
9,602
1,9J5
16,276
13,259

4,476
9,063
4,073
9,895
6,239
1.640
12,108
9,960

42.447
5.562
10.186
8,915
S22
13,694
13,833

49,876

111.181

57,454

108.200

18iO.

12,611

ISTft;

''

4,237
10,521
4.082
4,486

4,396
17,837
3,337
.'>,368

2,589

3,668.'

563
9,581
5,940

1.144
7.618
14,8ie

49.611

60.202

.'

•

StnoeBept.! U85.92i 5137.721 4174 689 4918.42 4a!U 3,5< 4U53J>aa!V
tialvesum luuiuaes iuaiaiuia; cnarleatuo inviuuos fort Miiyal, Aa.'^<
ff llmlnston Includes Moretaead City, ,ko.; Norfolk Inoludes Ulty Point. Ao.
The exports for the week ending this evening reach a total
of 93,647 bales, of which 61,829 were to Great Britain, 10,967
to France and 20,861 to the rest of the Continent, while the
stocks as made up tliis eveoing arc now 8W,472 bales. Below
are the expoi"ts for the week and since September 1, 1883.

,.

1

ITMk «n<Uiit March

Worn Oft.

14.

KxporUito-

Jayerti

Oontintnt.

Ortat

/rM»-

franc*

Brtt'n.

OalTMton

New Orleans.. 2i.su

OtvU

7b(ol

238.°»3 MSfta
830.'»: a8<5,»>«

:8.M>

»,Vi4 1«J935

SJ»7

49.0M
8.W4

Mobile

norlda
teTaonali
OharlsstoB *..
vrumlnatoD..

NortoUf
Kew Tork

1,000

'•.in

».l"jt

...

PhUadelpVAc

119.<ftB

Total

si,aw 10.M7 wsai

Total iMJO.st

wrm

loclodu ex ports

'

M

Ml

um ^un

ir

I

"

Uu>lil,

Ibto.

U^.UI

2S1.8M! 1,1:1 810
HOO
49. «M
178.831
111.961

33>,01»
U'>,8a»

%JlitV

40.M>

tfJiM

str%j»«

»T,6og

Ttt.Sn-

4.10 <

90.210

l.BWi

1.46S

n.ftm

lUO
is.oes
8,S0u

SM,49t
-.xsm

5,0U
93.617
I

7»,0<S

[

1S.II13

10.019

fiJC

6.011
i.esi

MIU.

S&2,4
38«,IS1
7S.Sa3

ii8i

9.«es
I.IOS

Oonti-

14, leSl.

s.:oi
I6,«3)l

va.\ia a2,MK
8.1B1

Boston
BslUmore.....

*

1. 1883. ta McK.
Asporrol t«-

Week. BHtoin. franu

t,isa

I'.oss,

;

lOOn, SOc.

1881.

1882.

7

ac

1.1

J'.'.'B

.

I

:

135,I98

u,ua
-',;a.to«

n*4t*

THE CHRONICLE.

331

[Vol.

In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared,
at the ports named. We add similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale
& Lambert, 89 Broad Street.

On Shipboard,

March

Great
Britain.

New Orleans....
Mobile
Cliarleston

BaTannah
Galveston
Norfolk

New York
Other ports
Total 1884
Total 1883
Total 1882

Other
France. Foreign

17,464
5.000
3.460
5,200
5,873
1,460
3.5C0
4.000

n.72B

45,957

11,726

68.978
73,071

18,266
15,68S

The speculation

Ooaatwise.

5,782

900

None.
None.

37,023
8,700
14,370
16.600
11.255
2,872
3,700
4,900

251,268
18,826
25,001
24,976
24,675
15,843
338.280
42.183

28,267

13,470

99,420

741,052

63,939
32,531

9,341
6,125

160,522
127,415

726,023
793,069

2,051
3,000

700

None.
None.
None.
None.
None.
None.
None.

625

10,285
10,400

1,000
5,382
1,412

None.
None.
200

1

1

Stock.

Total.

CD

CO

j

WW

a>

s.:

O

go
^

fl

(^

c

ncffi

was a

variable

and somewhat

o
[»»

cog

'TO:'

0,0

March
March

8

to

14.

Sat.

y'ln

9";«

1

Ordln'y.^lb
BtrlotOrd.. 9'l«
Good Ord.. 9''fl
Btr. G'd Ord IOI4

9''fl

8''8

9',(1

a^in
lOii

1018

9''8

8^8
9B|e

8''8

t'oP
tflO

It-C-

"^

If*.

99

<

o

CCOD

^

CO
aoQD

to

1

ohs

95,6
10 4
101a

*1QD

99
cd;d

5
o

lOii

lOifl

im
1138

Middling... 10^8
Good Mid..
Btr. G'd Mid 1138

im

lO's
11»8
1138

ICs

im
1138

Ills
11»8
11=8

Mldd'gFali 11%

11%

11%

12

12

Fair

I2I9

1213

12%

12%

12ifl

Wed
Ordln'y.fllb

8»(,

BtrictOrd..
Good Ord..

91i«
9^8

Til.

o ^ 000'='
cicoCo
a CD <i

<l-

M—

8fa
91,B
9''rt

8",«

Middline... lOV
Good Mid.. llJs

10'«
Ills
113s

G'd Mid 11%
Midd'g Fair 11%
nut...
12>a
Btr.

LowMiddlliIE....

12%

12%

12%

103,6

lov
101S,6

10%

10%

n3,„ 1138

11%

1113,812

1138
1158
12

121a

129,8 '12%

12%

Good Ordinary
Good Ordinary

12%

"J

1158

8

loC

V

*

8I4
His>,p

10 12

lOia

10%

10%

1015i6 1016,6
lllfl
nifl
1138
ii'Jifl 1138
ll",o 1158 1158
121,6 12
12
1213,6 12%
12%

814
Hl=,„

8I4

8I4

811>|6

8">I6

-M
11
I

port. rump.

900
100

267
287
234
254
349
264

1.000

1,655

Bat.. Quiet

Uon
Taes
Wed

Quiet
Quiot
Quiet

Xhnrs Firm
»ri..| Quiet and steady
Total

Tbe

I

Spec- Tran- -_

uVVn

sit,

,
Total.

364
210

c'l^

2

00

b.

5
w

ubob

8qo:

1

xOob

ODTbOob

00

-.,

00

MOD

I

oc-£Oob

2

00

2

fi

i-'i-'gi-'

W *

M 10
I

MMOI-'

|>

2

o;<I

**

^

(XOi

©"•:

1

>

mHI

5

cocc

U WOc3

MMo*-*

910-1;

I

MM

to.

MM

>.

KIO

2

uio

2
**

M

Sim:

I

aj

ct CD

WcoO^^
00
<P

QCCO

O"

,0

2

1

e")w:

Mm'oM
MMc-r
tctoO w

ifi.^

I

-*

I

I

I
I

COO

OS

MM
MW 5 11 ? *7^
5
K)M 2 HM 2 MM a
M
MCO

M
M
C

|>,

"^

10

^TO':'
Ct55

I

MMO-t

CjOCoCco

MtO

CO

ci>o:

10 10

o

'*

S'.'s:

cj'oa

'r'r»*7
OtOiCci

MMOI^^

^,1

mmOm
66OO oc6
co = o COcO
IJ^C
VI
p.
MM bMM
mC t^ MM
•7- <
r>7 ? >^>^ <
KM 2
tito

"^

8.-^:

M

p>

6c»:

I

i-^-io-'

^

QccbCob
o«

®if*;

so:

h-M to*-*

Em > MM
"-^ 5
11 <f,
2 i»*w 2 MW 2 WW 2
0(0 " C©
oos
ooa ^
«io;
«».<»:
9,";
MMrf^M MMqM
MoH
MMoM '7©'' 1^01
l^lllOcj
ejCo3 tJ^OtO

1

**

10

too to

>!::;.!>•

09
WW

SI

-.j-j
I

p.
I

'

'

MocM
—
10
wOco

>

'-'

0)
'^

M
^ <?l
o

5,

I
I

CD

d:

I

mmOm
mo

ODOO

:

I

«

to-

?
g

e-:

M rfiM MM(3;f-'
OOoO
OOoO
-)
I-*

00

C0-.0 OOoO
O o o O-jOo o o o o
00 Ci #-10 to
M
>
-')

-'1

CCC

CP

00

o,
§'
«

OiCi
If-

M

to

I

I

(T-

ff.

5

CO

09

too

:

IS:

o M

M
*"

«»

09
Oo
o

I

O

oc
o»cn
00
I

:,

09
o<»

ta.

?l

2

•*
OitO
Si-*'

>

5

1

15

dci

I

to

is: U
er:
MMoOi-"
OOoO OM
OOoO 9000 MMCOI-*
I

li

<»eiOo>

mo:

t**

I

(iciOoj
toto

&

M MM M

1^

^

^

1

I

=

s

M
MMa,M
tSCoO OCoO
^ O c^ cccr.OcD III
I

•

0:

121,;
12l'?«

I

I

1

I

Id:

«:

Frl.

814
81b,„

86,6
9
913,6

I

I:

1

t

I

I

«:

I

1!

I:

I

I

I

I

I

I

I

6

I

I

^

5
I

I

I

I

a:
I

i

l!

1

I:

I

I

I

«:

Includes sales lu Septeiuber. 1883, for.Sepiomber, 7G,200; September-October, for October. 338,600; September-November, for Novoiuber,
399,800; September-December, for December, 869,500: SoptemDerJanuary, for January, 2,817,900; September-February, for February,
1,780,800.
.fc
ts^ We ha^e Included in the above table, and shall contioue eaoa
weelt to Kive, the average price of futures each day for each month. 1^
•
ine
Aver,
abbreviation
will be found under eacii day following the
average for each month for the week is also given at bottom « table.
Transferable Orders— Saturday, lOSSo.j Monday, 10-900.; Taesdaj.
10'90o.; Wednesday, lO-OOc; Thursday, 10-950.; Friday, 1100c.
•

.

Sales.

Deliveries.

2,200

1,319

daily deliveriea unrea above are actually
previous to tUat on wMoU tUey are reported.

610:

ll"ie

2,865!272,700

ioo

a

I-—
00

<
2

-r-r

I

I

o

11
113,8
111 8

300
500
400
300
400
300

110

ff.

5

^^fO

M

33.400
29,300
22.700
23,800
72,100
91,400

207
397
234
254

to

syi:

R15l6

SALES OF SPOT AMD TRANSIT,
Con-

a

-J

e**:
MODM MM*,M MMjo*-* MM"rfs.M
MOM
MMot MMOf^ MMO^
mmOm MtOOM
tofcoOto uioOm
MOD
MO CD
CDO QD

SI

For the conin the following statement.
venience of the reader we also add a column which shows at a
glance how the market closed on same days.

.Ex-

2

Pri.

The total sales
week are indicated

CLOSED,

t(^

If*

9%
9%
9%
9%
9%
10% 1088 1038 1038 1038 lO'iie
MARKET AND SAI,.ES.
and future deliveries each day during the

SPOT. HABKET

CiOi

I

938^

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

MiadllnK...

t.

IJ

WtO

,

103,6
10»16
1013,8

non Tncs Wed Th.

Sat.

CC ii)C Xi

CiV^

S'r
96,6

S'a
96,6
IOI3

101^18 IOIB16 11
10l»,„ lli«
Uifl
H3,„

BTAINED.
Btriot

11»8
12

H%

916
tf-ie
91S16 1018 lids
101«
lO^ia lOia

IOI4
G'd Ord 10>4
Low Midd'g Ifllfl IOI9 10«„
Btr.L'w MJd 10>i,« ion,. 10%
Btr.

12

a>

OOoO COoO qooo CCcO

MlO-

im
1188

12

81S,8

S^H
9»,«

S-'n

MrI-''-'

lo4

Frl. JWea Tta.

Til.

coo

©ot;

10

8 '8
96,6

llifl

1138
1158

I

I

Tnej

Ills
1138
11»8
12

1158

Wed

Frt.

Ills
113s

g>

CO ^ CO
- &
» CO CD
OCGO

* CO
MO
WtDi-t'*

IOI4
lOlj
1014
ICa lOia 10 la
lOia
Midrt'K lOia
10% 10% 10% 10% 10% 10%
10>s
10>s
Btr.L'w Mid 10ll|« 1011,6 IOII16 10iB,a lOi^ie 1016,8 1016,6 10iis,f 1015,6

Low

<

®M*

M M CE M MM-^^M MMQoM
MMo-' MMo'-' HMO^
MMo^f

S'^s

to-

Ml-

TEXA8.

S'^s

o

99 ^ 99
ooGo

COoO 9909 9909
txxOob ccubOob obcoOoo

OOoO
2

M-*

15

If*-!**.-'*

irregu-

Sat. fllon.

c

oo

CO

activity, and the close was steady.
Prices, as compared willi
last Friday, were 11@15 points dearer for this crop (the summer months improving most), 13 points for September, and 6tr7 9
points dearer for the next crop. Cotton on tlie spot was very
dull until yesterday, when there was a good business for export
and a firmer feeling. To-day there was an advance of l-16c,
.middling uplands closing at 10 15-16c.
The total sales for forward delivery for the week are 272,700
bales.
For immediate delivery the total sales foot up this week
2,865 bales, including 1,000 for export, 1,655 for consumption,
in transit. Of the above,
210 for speculation and
bales
were to arrive. The following are the official quotations for
each day of the past week.

OBLKAN8.
non Tnea

»

M

•?'rc5.

o 6oOcD

with limited dealings, down to the cIo.se of Tuesday's business, but the improvement began on Wednesda-y,
wliich gained much force in the course of Thursday's dealings.
To-day there was some further advance, with considerable

NEW

e» 10

I

to?
pSkb

t

lar market,

UPLANDS.
Sat. IHou Tnes
S^
a»s
8»H

P.E

M

£-i-QoS
to

and the overland movement, which was quite large
following the subsidence of the flood in the Oliio Vallc}', has
Tliere

a

3:

re's

decreased,

to fall off.

a o» 2

11

*

'

o

lias

begun

05 QDo

?2

44

market

been distinguished for the week under review for a
decided improvement in values as well as a more confident
tone, and toward the close there was a material increase in the
volume of business, especially for the summer months. Liverpool and Manchester accounts have been rather better of late.
ReceijJts at the ports, as well as at the interior towns, have

P

p.

57

Ot

in cotton for future delivery at this

Pj

5S-BI

not cleared—/or

Leaving

at-

14,

»
00

XXXVIIL

delivered the

day

The Sales and Prices of Futures are shovm by the following comiirehensive table. In the statement will be found the
daily markt t the prices of sales for each month each day, and
the c'.osing bids, in addition to the daily andtotal sales.

The following exchanges have been made during the week:
•30 pd. to excli. 200 April for Jime.
01 pd. to oxch. 100 April lor Mar,
800 March for April, even.
•23 pd. to exeh. 200 May for July.
•17 pd. to exch. 100 April for May.
11 pd. 10 oxch. 200 June for July.
•42 pd. to exch 100 April for July.
•31 pd. to exch. 300 Apr. for June.
17 pd. to exch. 1 ,5(i0 Apr. for May.
-40 pd. to exch. 100 Oct. for Sept.
•13 pd. to exch. 100 May for June.
•21 pd. to exch. 400 Mar, lor May,

•

12 pd. to cxch.

300 Avril

for July.

pd. to exch. 2,000 May fur June
•42 pd. to cxch. 200 April for Jmy.
•70 pd. to cxcU. 500 Oct. for Aug.

13

•42
-13
-19
•34
-14

iHl.

19

pd.
pd.
pd.
pd.
pd.

•32

pd

to
to
to
to
to
to
to

exch. 500 April for .luiy.
excli. 1,000 Miiy foi' J""?
cxch. 200 April for Mayexch. 1,000 May for Aug.
cxch. 4,(0(1 May f>"" Jimo
exch. 100 April for M»yexch. 1,000 Apr. for Juno

MABcn
Tl

I'M

--I

nil'l li'lc;:! Mpll.

l-i

\

lor liii'at Itntiiiii

tliiisc

iinil

the

tn-

'

"Mil iiii-fii

,11

iilloiit, iiri> tlii:<

'<"

u

.1-1

'.

\\.

II

,u-*

xvii'k m iitiiriiM,

llii'

i,,ii.i...ii

ii

1HH4.
bklM.1.01(l,^00

1<)83.

1883.

1R81.

O'JO.OOO

ti'i.UOO

08,300

757.000
67,000

7H(t.O00

TolHinrtMit Rrltalnatook.l.IOS.MK)
4.000
Btooll Ht H»iiiciiirK
09.300
BMKik «i Kn-iniMi
D4,000
B cook lit Ainiilonlam
1,000
Btookac KotttTilitiu
2.300
!<:««k lit Aiitwrrp

9SH.300
3.200
40.200
«7.000
2.000

814,(>00

837,200
b.OOO
37.000
37.H00
1.080

900

2I0.O0O
6.000
SA.OOO
13,000
S.OOO

125.000
4.300
S5,000
8,700
4.700

1.400
137.000
2.320

410.000

271.000

aiook >t London

HUK'li

btoik
Htock

Havre
MnrMlllM

iit

IT

litkroeloiuk

ill

etock ut Oonoa
flto«k

Tneate

itt

Total MntlnenUkl Stocks...

Sl.'.iJO

2.400
33.100
ll),600

297

ai-

QfOTATIOSS

257,4!)0

American afloHt for Europe
Cnltad States stock
United States Interior stocks..
IDnlted States exports to-dar-

£07.008
22,400

2.^2.673

16,500

215,000
57.000
103.995
303.000
46,000

262.000
08.300
84.000
249.000
42,000

278.500
62.000
98,600
268.000
42,000

599.000
195.000
0,")0.000
8.'>6,48l)

287.314
10,500

...3,237,731 3,313.853 2,967.052 3,096.984

5%d.

578<1.

Meuipbls..
dt. Louis

aiii«d.

63i8d.

Wuk

—

—

S

b f^Po ::a= S.?^

E.!°

S »

—o

ic

2.0

t\

0»
(»

tc 10 lU

»

O

W
flS

CO *.

ec

**•

M

iota
)>-•

aC

*-

OS

O M O TO X O ^1 QD -^ OS
w

t-

>^

"^CiCii-'3J^l'bc^«»0Cib'O"b0iV|*yi^^

t00't'''^OOQ0OOt>'O©Wt0!DC;»t)»X —

w t" -J c: 05

Qo *»

••

S-s-

C CS

o OD o "J OD w *j C6 a > ^ r- ^ 1^ ao Ol ds

CJi

Is

W OiO O ^^ W

•

OwccoeoO'--atro^'

OD 10 CO i» O*

^ en

"r-'a to

McoVcc'rsxW

M

o

-^1
CD*

totoetswXM

•^rwOOOC"tOi£

OD
CO
<\

•^

X

U

....

O

10
I

X

— U*-U^O
';.'

JC JC

'*~

'^t^

-l
'c:

891.785 800.119
838.789 188^8

u

18

I7I.983| ';8J8«

85

Feb.

85.057 171.318 118,110 SbO.Olb! 317.523: 399.751
8d.7;9 185.88- 111.481 380.528 813.564 868,175
78,031 He.l30' 105.981 378.4,^' 388.798' 888.089
60.160 184.418' 05.013 382.130 321.434 251.450
51.980 135.321 76.487 313.07i 30!-.ll- 2-^7.265
58.747 134.626! 68.720 315.973 304.021 205,477
67.t54 III.I81' 49 se! aS4.';9Si 297.1-;3' lS4,414l

1

8
15

82

Mcb
••

«9
7
14

^

138.109

81.884

119.182' 74.118

81.080 168.0831 80.964
77J238' 161. 929' »4.a08
83,857 129312)- 8 IJS 15
50.138 18i(.078 SI. 381
32.628, 182.314 49J0a
31.818 121,070 46.932
25.%74l 103.733 28.813

—

The above statement shows 1. That the total receipts from
the plantations since September 1, 1883. were 4,631,182 bales;
in 1882-83 were 5,418,409 bales; in 1881-82 were 4,413,6-17 bales.
2.
That, although the receipts at the outports the past week
were 49,876 hales, the actual movement from plantations was
only 28.813 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 103,733 bales and for 1882 they were

—

1882-83.

1881-82.

1880-81

.

Marcb 14

5.272,252i6,l44.965l4.922,012 5,750,131

TELEORAPfl.

—There have been some-

rains in a large portion of the Atlantic and Gulf
States during the week, except in Texas, where rain is .said to
be needed. Tne Mississippi River is now twenty-two iuchea
below the danger line, antf it is expected ^hat the water will all
be out of tl;e valley prior to April 1. The Rod River is also
rapidly returning to it« banks. Farm preparations, which, in
many sections, were either hindered or made impossible by tho
backward season, are now showing more activity.
•

^^

Oalveston, Texas.

—We have had Ught showers on

five

days

of she week, and need more. The rainfall reached seventy
hundredtlis of an inch. The thermometer has ranged from 48
to 73, averaging 60.

—

V — -J»a — Aiik^ioci
V «

©«>xo>ioi»-ao i^X)©toutowc;<'jc>too>

-40o:nu9

C a -T X -^lOCi** X© iiini0U>O
lau
— i(aOi«>IOIO^I©o:XCK*4b:>-'b3VO*Cn

sifjht

what heavy

^ CO CO to u to

•-••'li

|

800.624 «1.»23 801.688 166.588 STB.MS 428,810 SIOOSO
1S2.48U' 821.IIU7 140.618 433,858 8S3.847| 407.8741 139.S0a
11 1,888 175,382 H0.845; 435,(j50 380.218 3S8.898| 98.259
l<9.980j 150.890 110,487 419.013 867.9e7 SOO.-ilS S3.9,-JS
98,081 138,400 101,533 40D.9S8 3t0.749 33O.OOO1 74.021

Weather Reports by

o <o cs c ^

cna^oiir. ©OD&j —

*x»-^wto;n—

1

be seen by tbe above that the decrease In amount In slight
to-nlKtat, as compared wltb last year. Is 872.713 bales, the Increase as
comnared with 1331-82 Is 350,2 10 bales, audtbe decrease from 1830-81
Is 477,879 bales.

10
ro
\fl

Tovmt. lUc'vU from Plant 'lu

St'k atlntarlor

'88-'S4. '81-^8. '<«-'»«. '8S.'84. '81-'8a. 'dS-'SS. •<«-'84.

It will

«•-•
OOpDj-IO*.
«.-••-i-MlOtO
*? Vi'^
m"^ cw ci M -1 -j"^ © to o

o^

10%
10%
10%
10%

10%

10«|
10i«

1=

"

•^ oj oo

lOBu

io4

Tot. receipts from plantat'ns 4,621,182 5,418,409,4,413,657 5,200,084
Net ovorlsnd to Marcb 1
461,070 520,556 353,355 415,047
155,000
135,000
Soutberu conauiupt'u to Mch. 1
190,000 200,000

ST

w VjV ^ tc <!^ en o *. c Vo

r->

10J,»*

11
10»i»

11'"

10%,* 10%.% 10%,%

10«»»\

p

a«aiaoiiwo&;oD^wwiou»-'**hMyt

^ *4 to a 10

.0%

10%
10%
10%

III

ci3acia);.-twc;>ko

Mfc^
I-"
M
iU
P-<
lOW
OOX»'-1UtO«»>COOGD»009i»-CROtOCnOO&
rooiWQowyjo-JCnxcc-jMpc^^w'to^i)
1^ -^i

Ut0l^->4OQCC3

ifk

10%

10%

J?"

10^«%

1883-84.

wo»-to©rf*-o« — ^coc>»-K- — ^to-rtosi
oai^a?. ^Ci(SO*^'->oa-^<-*tocs<v]:>-.0

«(0^taac;*aD

pccs^^-i:—

o <i

(--"lU

10«i

^enelpte at the porta to Mch 1 4 4,485,924 .'5,137,721 4,174,689 4,918,422
Ulterior stookH on .M:ir<'li 1 1 In
excess of Soyteiuber 1
135,25?
280.633
238,968
281,662

MMVtol>i*-ocs
too>ut^i->l^OO*^^^coi»>ow^o<ro»

"is

losi

[

••

Xotal in

QDroViVa*^

lO'it
10>i
10'i«

lOSi

|3

V^*»oilotoaoow^
K.CO J0 4-i^ QD»a

107,«
lOvi

takings by vSouthern spiniifers to the same date, so as to give
substantially the amount of cotton now in sight.

Cfl

Wt 3S

lO's

I-*

o*iu*j^tcccu-^a i^iUc£o>st*'>-^ito
CO O to on fcO * a p X
;^ p p *>^ to 00 X to

»-•

lO'is

lO'S

Amount of Cotton in Sioht March 14. —^In the table below
we give the receipts ffom plantations in another form, and add
to tliem the net overland movement to March 1, and also the

rFpiN[ffF[[|fi|in
lO

lO'ts

25,874 bales.

g
I

JVi.

lO'is
10' J

Bteeirtt (ittlu Portt.

Deo. 28
Jan. 4

I

At the Interior Towns the movement that is the receipts
the shipments for the week, and
EOT the week and since Sept. 1,
he stocks tf)-night. and the same itera-s for the corresponding
period of 18-82-83 is set out in detail in the following statement

Thun.

Tut*.

10»»

•81'.82.i>88-'83

M
"

rl.j.000

Wednti.

Jf on.

than another at tlie exijense of the interior stocks. We reach,
therefore, a safer conclusion tlvrough a comparative statement
like the following.
In reply to frequent incjuiries we will add
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the outports.
RF.CEIITB FROM TI.ANTATION.S.

bales.
Tlie alxjve fiRuros indicate a decrease in tlie cotton in siglit
Ito-night ot 76.072 bales a» compared with the same date of
jl883, an increase of 270.129 bales as compared with theoorresJionding date of 18S2 and an increase of U0,797 bales as
compared with 1881.

into Continental jxirts this

—

AT OTIIKII MaKKKTK.
(|iiotations of middling
cotton markets fur each

—

m

The imports

..

. .

week have been

E^f"

towns

tii-

101 (

10>i
10»,«
10»«
lOlk
10S9
11

(!2.490

177,000
21.000

t;^

10%
10%
10%
10>«
10%
10>a
10%
10%
10>*
Cincinnati
10%
10%
109s
Louisville
10%
10%
10%
10% a % 10%^ J«
Kkckiits fkom the Plantations. The following table is
prepared for the pur])ose of indicating the actual movement each
week from the plantations. Receipts at the outports are sometimes misleading, a.s they are ma(le up more largely one year
AuguHta

187.000
51,200

49,a,690
746.109
705.300
724.995
2,191,«5l 2,608,553 2,212,657 2,598,2-j4

Ac

Total visible supply
Price Mid. Cpl., Uverpool

BSO.Sl.i

WIlmluKton..
Norfolk
Boston
Baltimore. ..
Fhlladclylila.

2,491,681 2,608.553 2,242,657 2.598.291

fotal
~ MaltAmcTtoan
Indian.BratU, *t.—
Wverpool stock
Ex>ndon stock
Donttnental stocks
India afloat for Europe
B«7Pt, BranU, Ac, afloat
Total East India,
Total American

512.000
143.000
300.000
920.481

G53.000
187,000
587.000

76^.000
321.000
377.000
810.472
170.209
15.000

Qalveston....
New Orleans.
Bfoblle

princiiial

at
wiiek

r*«oeipta

rc'i-.

OLOaWO QaOTATIOKS rOR MIDDUHO OOTrOM OH—
Batur.

248,995

;

Liverpool stock
Continental stocks

Wetk tniting

2,38.S

3.237,7i5l 3.313,833 2,9ii7,652 3.096,9.-(4
follows-

ItoUl visible supply

lit .Southern and other
day of the past week.

Otaarliwtun...

or the above. the totals of Amenoan and otber desorlptlons are aks
Amtrtcan—

till-

KOIl MlDUI.I.SO (.'OTTOH

cotton

Savannah....

f,528.100 1,259,300 1.062.995 1,094.090
Total Earopean stooka
3 13.000
49.000
177,000
In Us cotton aflnnt for Burupe. 2U.S.000
^mer*D cotton ulloat for Kur pe 377.000 587.000 3Gl).000 6.^0.000
•lO.OOO
42.000
21.000
42.000
lK)arpt,Br8ill.Ap..»tlt for EVpe
88«..%45
920.481
83li,480
Bcock In United Htates porta .. 840,472
252,073
207.008
287.314
Btook In U. 8. interior town*.. 170,209
10,500
lO.iiOO
15,000
22,400
Doited Blatea exports tOKlar..

halfti /rv

In the table tx'Iow we give the closine

HIO

7.000

I

than fur the Humc

lc.1.1

138.000
5.O0U
25.100
3.000
3,700

43,.';0O

...."i

M-e Hi'|>t('ii>l)i-r

l:i

.

atookat LlTftrpoot

"•-The
":

Kxl last year.
i

Kuropt'iin liKiiriw arc broii;<lil ilnwii
x.iiiriK'.
Hut t<> mnki> tlu> totitis the cninplct)'
t" 'riiiii-;.l,i\
liKiii.s liir ill iiij.;lii (Muri'h II), wpniiil the item of <'xi)<)rtK froiu
tho Uuiteil Stulw, iiiLludiiig in it the exports of Fridiiy only.
<()Msci|u.iil!y all

luiil

335

'

IHlioiN.--.

a.-'

CIIROMCLR

Tin:

15, 18S4.]

lI

The above totals show tliat the old interior stocks have tiereased during the week 18,974 bales and are to-night 97,399

Indianola, Texas. There have lx«n small showers on threo
days of the week, the rainfall reaching thirty-eight hundredth.s
of an inch.
A good rain is badly needed. " The thermometer
has averaged 62, ranging from 44 to 78.
Palestine, Texas. It has rained on two days of the week,
the rainfall reaching fifty-eight hundredtlis of an inch. There
has been killing frost on one night, but there was nothing np
to be killtHl.
Corn planting is progressing. Average ther-

—

mometer

lyi,

highest 74 and lowest 32,

THE CHRONICLE.

336

JSew Orleans, Zouisiana.—lt has rained on three days of
the week, the rainfall reaching two inches and thirteen hundredths. The thermometer has averaged 69.
Shreveport. Lov is farm. —The weather has been cloudy,
with rain on Tuesday, the rainfall reaching twenty-three hundredths of an Inch. The river is falling at the rate of six
inches per day, and roads are in fair condition. The thermometer has ranged from 34 to 78.
Vick.<iburff, Mississippi.— It rained on three days during
the early part of the week, on two of which severely, and the
remainder of the week has been clear and pleasant. The rainWe are
fall readied two inches and eighty-six hundredths.

dredths.

aging

[Vol. XJXTIII,

The thermometer has ranged' from 43
-

58.

to 74

aver
':

—

.

Columbia, South Carolina. ^Telegram not received.
The following statement we have also received by telegraph
showing the height of the rivers at the points named at 3 o'clock
March 13, 1884, and March 15, 1883.
Mch. 13,

'84' itch. 15, '83.

Inch.

Feet.

Put.

IncK.

•>

Mem phis

Above low-water mark.
Above low-water mark.
Above low- water mark
Above low-water mark

Nashville

32
47
25
45

2
6

2
11
8
10

33
10

ahreveport
24
having too much rain. The tributary rivers are higher. The VicksburK
11
13
1
thermometer has ranged from 41 to 75.
New Orleans reported below high-water mark of 1871 until
Meridian, Mississippi. Telegram not received
It has rained constantly on three Sept. 9, 1874, when the zero of gauge was changed to highGreenville, Mississippi
days of the week, the rainfall reaching four inches and thirty- water mark of April 15 and 10, 1874, which Ls 6-lOths of a foot
two hundredths. Planting preparations are veiy backward. above 1871, or 16 feet above low-water mark at that point.
India Cotton Movement fbom all Ports.
There is a wider area of the Yazoo Delta overflowed this year
We have
than last. The thermometer has averaged 53, ranging from re-arranged our India service so as to make our reports more
detailed and .at the same time more accurate. We had found
41 to 71.
Columbus, Mississippi. We have had rain on thre days it impossible to keep out of our figures, as cabled to us for the
rainfall
week,
the
reaching
four
inches
and
sixty-one
ports other tlian Bombay, cargoes which proved only to be
of the
shipments from one India port to another. The plan now
hundredths.
LitMe Rock, Arkan.sas. The weather shows an improve- followed relieves us from the danger of this inaccuracy and
ment this week. We have had liglit showers on three days, keeps the totals correct. We first givO the Bombay statement
and the remainder of tlie week lias been fair to clear. The for the week and year, bringing the figures down to M.arch 13.
rainfall reached five hundredths of an inch. The thermometer
BOMBAY RECEITTS AND SHIPMENTS FOB FOUK TEABS.
has averaged 43, the highest being 74 and the lowest 27.
Shipmenlt this week. Shipmenf nnee Jan. 1.
Jleeetpti.
Last week it rained on four days, and was clear to fair the
ThU
SirM
remaining days. The raiiifall reached one inch and seventj'- ?ear Oreat OonK-l Total. Oreat ContiTotal.
Britain nent.
BHt'n. nent.
Week. Jan.l.
six hundredths. Average thennometer 40. highest 61, lowest 20.
Pine Bluff, Arkansas. Telegi-am not received.
18841 6,000 12,000 18,000 134,000 172,000
306,000 48,000 442,000
Fort Smith, Arkansas. We have had rain on two days 1883126.000 33.000159,000' 129,000 227.000 356.000 72.000 536,000
11,000 41, 000J2J3.O0O 141,000 394.000 59.000 514,000
1882130,000
and snow on one Aa,j of the week, the rainfall reaching sixty 1881 11. 000 21,000l32,000| 7l,000i 143.000 214,000 38,000 320,000
hundredtlis of an inch. Farmers are now making good time
According to the foregoing, Bombay appears to show a
in prejiaring their land for spring planting. The thermometer
decrease compared with last year in the week's receipts of
has averaged 45, ranging from 23 to 70.
Helena, Arkansas. It has rained on tliree days, and the 24,000 bales, and a decrease in shipments of 41,000 bales, and
remainder of the week has been cloudy. The rainfall reached the shipments since January 1 show a decrease of .50,000 bales.
two inches and tliirtj^-four hundredths. We are having too The movement at Calcutta, Madras and other India ports for
much rain. The river is falling slowly, but there is another the last reportexl week and since the 1st of Jamiaiy, for two
" Other ports" cover Ceylon, Tutirise coming that will send the river nearly as high a.s the late years, has been as follows.
corin, Kurrachee and Coconada.
one. Average thennometer, 45, highest 64, lowest 40.

—
—

—

—

—

\

—
—

1

—

Montieello,

Arkansas —Telegram not

received.

Newport, Arkansas. — The days have been warm but the
nights have been cold during the week, with no rain. The
thermometer has ranged from 25 to 71 averaging 53.
Memphis, Tennessee.— It has rained on three days of the
week, but at the close there is a favorable change in the
weather. The rainfall I'eached one inch and fifty-two hundredths. The river is twenty-two inches below the danger
line and falling steadily; it is thought the high water in the

Shipments for

OonlU

Britain,

nent.

,

Calcutta—
1884
1883

t?ie

Oreat

meek.

Shipments since January 1.
Great

Total.

'

Britain.

,.

4,000

1,000
1,000

7.000
5,000

39,000
45,000

15,000
9,000

500
500

200

600
700

7,500
4,5C0

1,000

fi.OOO

_

.

Continent.

,

54,000
51,000

Madras—
1884
1883

7,500
f',500

run out before the first of April. Owing to the All otliersvalley
1884
10,000
10,000
very backward season little has been done toward the making
1883
4,C00
2,000
6,000
of the next crop, but active preparations are now going on in
the uplands. The thermometer has averaged 45-5, ranging Total all—
1884
•1,500
1,000
7,.50O
56,600
15,000
71,500
from 31 to 69.
1883
4,500
1.200
5,700
.53,500
12 000
69,500
Nashville, Tennesfee. ^It has rained on five days of the
The above totals for the week show that the movement from
week, the rainfall reaching two inches .and thirteen hundredths.
The weatlier has been too cold aud wet, and in consequence no the ports other than Bombay is 1,800 bales mo7'e than same
plowing has been done yet. Average tliermometer 44. liighest week last ye.or. For the whole of India, therefore, the total
shipments since January 1, 1884, and for the corresponding
63 and lowest 26.
Mobile. Alabama. It has been showery on one day and periods of the two previous years, are a.s follows:
F.XPOBTS TO ECROFE FROM A1.I, INDIA.
has rained severely on two days of the week, but at the close
of the week the wf atlier has taken a favorable turn. The
1881.
1883.
1882.
rainfall reached four inches and thirty-five hundredths.
We toShipments
Europe
alt
This
Since
This
Since
ThU
Since
-are having too much rain.
Preparations for planting make
from—
Jan. 1.
week.
week.
Jan. 1.
week.
Jan. 1.
slow progi-ess. The tliennonieter has averaged 60, the highest
being 75 and the lowest 44.
Bombay
18.000
306,000 59,000 356.000 41.000' 391,000
71,500
5,700
65,500 15,600 111,300
Montgomery, Alabama.— It lias rained constantly on five 411 other ports. 7,500
days of the week, the r.ainfall reaching three inches and sixtyTotal
25.500 377,500| 64,700 421,500 56.600' 505,300
nine hundredths. The tliermometer has averaged 56-9.
This last statement affords a very interesting comparison of
Setma, Alabama. It iias rained on six days of the week,
on three of which violently, and tlie rainfall reached four the total movement for the three years at all India ports.
Alexandria Receipts and Shipments. Through arrangeinches and forty-nine hundredths.
There have also been
The thermometer has averaged 54. ranging ments we have made witli Messrs. Da\'ies, Benachi & Co., of
strong winds.
from 38 to 73.
Liverpool and Alexandria, we now receive a weekly cable of
Madison, Florida. We have had rain on two days of the the movements of cotton .at Alexandria, Egypt. The following
week, the rainfall reaching four inches and twenty-six hun- are the receipts and shipments for the past week and for the
corresponding week of the previous two years.
dredths. Average thermometer 68, highest 87 and lowest 43.
JUaoon. Georgia. It has rained severely on four days of the
Alexandria, Egypt,
1881-82
1883-84.
1882-83.
week. The thermometer has averaged 56, the highest being 70
March 12,
and the lowest 33.
(cantars*)—
Columbus, Georgia. We have had severe rain on two days Receipts This
2S,C00
week....
12,000
14.000
2,711.000
of the week, the rainfall reaching six inches and eleven hunBinoe Sept. 1
2,573,000
2,130,000
dredths. The thermometer has ranged from 88 to 63, averSinee
This
Since
This
This
Since
aging 53.
week. Sept. 1. week. Sept. 1. week. Sept. 1
five
days,
and the
Savannah, Georgia It has rained on
(bales;—
remainder of the week has been cloudy. The rainfall reached Exports
To Liverpool ..... .... 6,000 216.000 1,000 210.000 4,500 221.000
thermometer
ninety-seven
hundredths.
The
has
inch
.and
one
3,000 103,000 3,000 71,000 11,000 155.838
To Continent
averaged 62, ranging from 39 to 79.
7,00o)2Sl,000i 15,500 376,838
Total Europe
9,000 319.000
Augusta, Georgia. We have had heavy general rain on five
* A cantar is 98 lbs.
days of the week, the rainfall reaching tliree inches and twenThis statement shows that the receipts for the week ending
ty-two hundredths. The bad weather is retarding the operaail Kurope
tions of planters wliich may have the effect of bringing about March 12 were 13,000 cantars and the shipments to
a late crop. Average thermometer 59, highest 76 and low- 9,000 bales.
Manchester Market.— Our report received from Manchester
est 38.
to-night st.ates that the market is quiet but steadv. We give
Atlanta,: ©eor.(7ia.Telegram not received.
Charlesipn, South Carolina. It has rained on five days of the prices of to-d,ay below, and leave previous weeks' prices for
-Lthe week, the rainfall reaching two inches and eight hun- comparisor,
will all

—

,

—

—

.

,

Tolal.

—

•

—

.

—

—

—

—

—

i

.

MAitm

d.

OMTn

9H ^<

<h>tt

*.

.

8

B

ft

d.

d

t.

d

now

it

tbe wcvkly connuniptlon i'^

lin.OOO balcM of 4IK) |M>undit e<u:b, whi<^h

ih

tli'

at the »orre«|K>nding time bint year. Tbe total HpiniKi
in Oreat Uritain and on tbe ('ontinent mIiow an iin

twitl.

thirtingi.

0>«

The foregoing shown that

I8BS-.

1884.

SUOap.
TwUC

si^

llIE CfiRONICLE.

1894

1.1

n

s.

'.
1

•

1

wr

1

d.'

•7 6
the Hto<'ks at the samo time Iniit month, and arc slightly ia
»7 4>«
excow of a year ago.
•7
4>«
9
•7 6
1
!S B>«*7
s'u*
The cable adds that Mr. FHliaon eatimstM kh» applied for tho
Bu"
6
•7
2>«
-I"* » »
7 #7
remainder of the season at 4,018,000 bolea.of 400 poumls ea(!h
U »7 4't
>*>« « 9
7 •? a't
saa • 8%ia 10 • 7 a
J Hlf • 9
7 #7 a««
against n, 304. 00(1 bales of the lame weight last year and
s^ •
8>t • 914I5 10 «7 3
7 •7 2>«
8^ • 9V5 10 •7 3
Mcli. 78>« •
4,888,000 iHiles in I8H2.
e>t»7 2>f
^% • Pklft 9 •7 3
7 #7 'i"*
I VS^ • 9
Nkw Yokk Cotton Exchanok.—The Board of Managers
EiTRopKAN Cotton Consumption to March 1.— Wo lmvi< have called a meeting for Saturday, March 22, to consider the
riK'<'iv(><l t'wlay, by cable, Mr. Ellison'B cotton QgiireH, brouKbt
following rates of commiMsion, as profxieed by the Committe6
Idown to Marob 1. Tlio revised totals for last year are also of Twenty-one, namely
given tbut comparison may bo wade. Tbe takinKx by Hpinners, BuyhiK or selling for inrmbert when the name la glTen up bc8>«

Jan. I
••

H\

1

•
•

7
10
S 10

•? I
•? 3>«
•? iH

'

• 9V|
m 9Vt
• 9H,6
« 94ia
si" S\ • gogo
ftiJn SH • 9>«|t
»'»IS

an
HH
8H
8\

;<

'

:

in actual Imli-x

jrlOObalfs
100 balfs
3 r. M.. per

78 ota.
\^ not ...
given
- - up
Buying orni'llfng
g for members when the name Is
,.
M2«
per 100 hulcs
12 50
Bnylng or Belling for non-inenibers, per 10Oh»les
aUowr arc. first, to thoM who
From wlilrh (h« utmost rcliittcH aUowrd
750
live or have olllocs lu .Vew York or Brooklyn, per 100 bale*,
SOg
Making tbe loweiit net cliarKo, |>er too bales
,
6 !lS
Seoond, to all others, non-nicuibcrn, Mr 100 hales
chnr.i;<>,
per
lowest
net
Igol
095
the
Making
In Joint-account trannuctlons full coolBsfarlon to be rhargvd. snl^Mt
fore

and |>ound8, have been as follows:

.

From Ocl.\

lo

Oital £rUa<n.

UarthX.

Oontinent.

Total.

For 1883-84.
[TaklnKB by spinners.. .bales
U.rera£n weight of bales
Takings In iwnnils

{

1,622,000

1,330,000

2,052.000

431
699,082,000

43S

433

579,880.000 1,278,962,000

to the rebates allowed.

For 1882-88.
Takings by spinners., .bales
Average weight of bales ..
Takings In pounds

I

1,583,000
443
701,603,000

2,999,000
440-6
438
620,208,000 1,321,813,000
1.416,000

According to tbe above, tbe average weigbt of the deliveries
in Oreat BritJiin is 431 pounds per bale to March 1, agaiast
M8 jKiiitnIs |>er bale during tbe same time last season. Tbe
Joutinental deliveries average 43fl pounds, against 488 pounds
a.-it year, and for the whole of Euroi)e the deliveries average
I8:t pounds \«x bale, against 440'6 pounds during the same
In the following table

leriod last season.

we

give the stock

It Is nodorstood that buying and setllng. or what In called " the ronnd
Is double tlui above rates.
•The rf ason for the (greater rebate for ett" business Is made, evidently,
because tUo prIncipuU are Immediately acoesxililo for calls for margins

turn."

A notice has
J. P. Billui)3 at

Saturday, March 22, for the benefit of those creditors of J. P.
Billups & Co. to whose claims no objection has been Dia<Ie.

East

lieful

Exports.— By cable from Bomb,iy we have the

every prospect that the exports from all
ending Juno 30, 1884, will not reach
over 900,000 linles." La-st year the exports (hiring this same
Therefore, according to
period aggregated 1,220,000 bales.
this estimate, it is expected that the shipments will fall off ftilly
India for the

i>er

is

lialf-yejir

cent.

East India Crop.— Messrs. Wallace

summary:

Oct 1 (0 Uareh 1.
of 400 Ibi. cath.
000* omitted.

1883-94.

Oreat
Britain.

1882-83.

Iplnners' stock Oct 1.
^aklngs In October.
.

98,

323,

Great

CojiH-

Britain.

nent.

Oontinent,

Total.

344,
176,

442,
499,

130,
149,

221,

233,

041,
560,

315,
288,

288,
252,

603,
540,

36.

92,

Total.

.382,

Total snpply
"onsump. Oct., 4 wks.

421,
292,

620.
268,

Jplnoers' stock Nov.

likings In .Vovember.

120,
3ge,

252,
335,

381,
721,

37,
387,

320r

63,
707,

Total supply
bonsnmp. Nov., 5 wks.

515,
365,

587,
33s,

1,102,

700,

414,
360,

356,
315,

770,
675,

Iplnners' stock Deo. 1

ISO,
248,

252,
301,

402,
549,

54,

"aklngs In December.

301,

41,
351.

652.

Total supply
'onsump. Deo., 4 wks.

399.
285,

353,
268,

951,
553,

355,
288,

392,
252,

747.
540,

pinners' stock Jan. 1

113.

444.

285,
356,

398,
80O,

67,

aklngs In January..

497,

140,
390,

207,
887,

Total supply
lonsump. Jan., 5 wks.

557.
350.

641,
330,

1,198,

664,
360,

530.
313.

1,094,
075,

1

&

Co. 's Cotton Report,

dated Bomliay, February 8, furnishes the following:
" Notwithstanding the lateness and smallness of the Oomrawuttee crop,the receipts of cotton into Bombay from Ist .lanuary

:tlet

:

I.vdia

following: "There

by the mills, their takings and their consumption, each
nonth since October 1, all reduce<l to bales of 400 pounds each
'or this season and last season.
It is a very convenient and 25
lelil

been posted declaring' the membership of Mr,
an end, and advertising the sale of his seat on

95,

are

197,6il!t

bales this year, against 197,."517 bales

la.st

year.

This is mainly due to the large arrivals of Bengals, which are
nearly double last year's figures; but now that the crop is beginning to fall off, it is probable that we sliall soon see a
deficiency in tbe receipts this year as compared with last.
Cleai-ances are in excess of la-st ye.ar by al>oiit 10,0(X) bales, but
unless Dhollerali turns out a full crop, .is to which some doubts
are now being entertained, the exports to Europe for the current six months are not likely to reach a million bales, this
quantity being the most that the export is likely to total under
tne most favorable conditions of weather and market. Tbe
quality of the present Oomrawtittoe arrivals has not improved
muchi and continues to give dissatisfaction; but the Dhollerah
crop, judging from sample lots which have already come
down. i)roniise8 to be an excellent one so f.ar as quality is concerned. No samples of Broach have as yet been received, but
first pickings, it is expected, will be slightly stained, owing to
late rains."

680,

;

pinners' stock Feb. 1
faking* In February.

207,
317,

311,
2S2,

518,
629,

204,
336,

215,
341,

419,
677.

Total snpply
'onsump. Feb., 4 wks.

593,
264,

1,147,

B48,

540,
288,

656,
261,

1,096.

284,

Mar. 1

270,

320.

599,

252,

295.

.547,

Iplnners' stock

A

more striking comparison with

1

549,

year is reached by
ringing together the alxive totals and adding the average
^eekly consumption up to this time for the two years:

'

Oct. 1 to JTorrA 1.

1883-84.

fala nf 400 lb: each.
OOOt omitted.
nera' stock Oct.

dngs to March

1.

1

pppiy
lonsiunpt'D 22 weeks
(tinners' stock

last

Mch.l

Ortal
Brilaln

Oontinent.

1832-83.
Total.

Oreat
Sritain

Continenl.

Total.

08,

344,

442.

82,

139,

1,748,

1.4S0,

3,198,

1,754,

1,531,

221.
3,305.

1.846,
1,576,

l,T94,

1,836,

1.690.

3.526.

1,465,

S,6i0,
3.041,

1.584,

1.39.^,

2.'.)79.

270,

329,

509,

232,

293.

647,

InOotol>er
iln

November
December

In January
Tn Fehnary
I

Baogiso, &c.— The market

73,0
73,0
71,0
70,Q
71.0

67.0
67.0
67,0
66,0
66.0

140,0
140,0
13B.0
136,0
137.0

72,0
72,0
72,0
72,0
72.0

63,0
63,0
63.0
63.0
65.0

135.0
185.0
135,0
135.0
1.17.0

is

becoming more

and we do not hear of any

lots offering below the combination
rates of OV^c. for \}i lbs., 10c. for \% lbs., lO^i^c. for 2 llks. and
Butts are rather inactive at tho
llj^c. for standard grafles.
moment, ami the only parcels moving are for jobbing wants.
Prices are unchange<l, holders being steady in their views, and
paper grades are held at 2J^@2}^c., while for bagging qualities

2J4@2/^c. are

*

tl»e rigwres,

^

Comparativf. Port Receipts and Daily Crop Movement.
A comparison of the jwrt inovement by weeks is not accurate,
as the weeks in different years do not end, on the same day of
the month. We have consequently mlded to our other standing
tables a daily and monthly sUitcnient,- th.it the re.ider may

—

constantly liave before him the data for seeing the exact nMative
movement for the years named. The movement each month
since September 1, 1883, has been as follows.
JTonOiy
SSMipto.

SepVmb'i
October.

1883

1882.

1881.

343,812

326,656
980.584

429,777 458,478
853,193 968,318
974.043 1.006,501
996,807 1,020,902
487,727 571,701
291,09'J
872,72S

1,046.092

Sovemb'r 1,030.380 1,094,C97
Deoemb't 1,039,033 1,112,530
Janoary
487.720 752,927

Hekly Cntitvmplion,
00* omitted.
;ln

Jutf. Bctts,

active, and Inciuiries are for large parcels for future shipment.
Some tran.sactions are reported to go South on sjjeculation, but
the trade at this point is quiet as yet. Prices are steadily held,

rsbroary.

395.93?

595,59.-'

1880.

1879.

1878.

333,643

383,848
S89.264
779.237
393,664
613.727
566.824

888,4g-J

042,372
936,464
647,14<447,91!-

Totalyear 4.353,604 4,862,898 4,033,541 4.599.52^ 4,215.929 3,836 564
Parftageoftot.por:
84-28
80-78
93 43
78 2»
8047
(wetpti Feb. 29...

—

:

.

THE CHUONICLE.

3^8

the receipts at the
This statement shows that up to Feb. 39
less than in 1883, and
norts this year were 563,440 bales
in 1881. By widmg
bales more than at the same time
receipts since that time
tothe above totals to Feb. 39 the daily
we sliall be able to reach an exact comparison of the movement
for the different years.

.

xxxvm.

[Vol.

Total balet.

To Havre, per steamer number, 3,936
To Reval, per sbips Armida, 4,312. ...Kiuburn, 3,862. ...per

Ka

3,936

10,424
2.250
5,011
To Croustadt, per barks America, 2,231. ...Oimi, 2,777
Voladora,
To Barcelona, per barks Josefa Formosa, 2,499

bark Emilia

T.,

700

MOBILE—To Liverpool, per bark Brothers and Sisters, 2,130
Cuarleston— To Liverpool, per steamer Earl of Lonsdale, 3,708

3,199
2,130

Upland and 68 Sea Island.. ..per barks James Keuway,
Ossuna, 2,305
1050 Upland. ...Natiint, 3,464 Upland
^-.
Upland and 50 Sea Island
1?'Z?5
1,200
To Gottenburg, per bark Rhea. 3,200 Upland
1,761
ToReval, per bark Themis, 1,761 Upland...
........J
Uplaui
210
To Barcelona, per bark Camila I. de Tossa, 210
Upland
Nellie
Fylgia,
2,110
per
barks
Reval,
Savannah— To
4,885
Mood}', 2,775 Upland
1,612
To Croustadt, per bark lima, 1,612 Upland
1,050
To Barcelona, per brig Orion, 1,050 Upland
3,918
Bamesmore,
steamer
per
Liverpool,
GALVESTON— To
5,450
per bark KongSverre, 1,532. ...... .....;...
1.545
To Cork, for orders, per bark Fritz Snntti, l,o45. .............
ToKeval, per barks Anna Torrey, 2.303.... Jacob Rauers,

—

V25

l,679....0tH8, 1.811. ...Progress. 1,335

ToCronstadt, per bark Liana, 1,050...
.....^
To Vera Cruz, per steamer Whitney, 454
2,20, .......
BALTiMORE-To Liverpool, per steamer Oraumore,
...Hohenstanffen,
2,339.
Amenca,
To Bremen, per steamers
.

1094

BOBTON-To'iJiverpool, per steamers Bavarian, 1,170.. ..Norse--.••
man, 2,082.... Venetian. 1,394
PHILADELPHIA-To Liverpool per steamers British Crown, 2,800

I,0o0

454
2,207
3,423

4,616

,

Total

SAN Fkancisco—To Liverpool!

Percentage
port reo'pt8Mcli.l4
previous receipts at Galveston.
137724 bales added as correction of
since Sept. 1 up to
This statement shows that the receipts
they were to the same
to-niKht are now 615.349 bales less than
more than they were
day of the month in 1883 and 341,673 bales
add tothe table
1883.
to the same day of the month in
wluch had been received
the percentages of total port receipts
named.
to March 14 in each of the years

We

this week show a
The Exports of Cotton from New York
the total reaching 10,01o
decrease as compared with last week,
week. Below we give our usual
bales, against 10 036 bales last

from New York, and their
table showing the exports of cotton
weeks; also the total exports
direction, for each of the last four
1883, and in the last column
{iiid directions since September 1,
previous year.
the total for tlie same period of the
glKOB SEPT. 1. 1883.
EXPORTS OF COTTON (BALBS) FROM MKW YO&K
Same

Week ending—
Exported lo—

Feb.
28.

Feb.
'21.

12,351

-,....

liverpool

March March
8,235

3,373

Sept.

13.

6.

Other British porta

period

Total
rinee
1,

previ'us
year.

9,465 268,836, 335,6:J4
3,426
17,348

9,465 286,184,339,060
Total TO Gbbat Bbitaib 12,351 3,373 8.235

Havre

27,682

22,937

621

349

566

621

319

666
200

100
516

275
600
50

616

925

550 73,089 111,355

100

Other French ports.

Total French
Bremen

Hamburg

...

Other ports.

TOTAL TO North. Europe
Bpaln, Op'rto, Glbralt'r, Ac
All other

Total Spain, Ao

50

300

27,t82

23,037

19,938
21.051
32,100

39,348
24,869
47,138

300

2.967
2,532

2.785
5,110

300

5,499

7,895

.

—

13,290

4.338 10,026 10,015 392.454 481,347

^

per'ship Eunerdale, 212' (foreign)

ol total

-

Total

2Vi
108.345

particulars of these shipments, arranged
form, are as follows:
,
„
£Recal
Bremen
Cork,
a Ham- Ant- Cronfor
Liverpool. orders. Bavre. burg, toerp. sladt.
30J ......
250
......
New York. 9,465
15,433
3.936
21,206
N. Orleans.
2.130
-ai
MobUe
Charleston. 10,705
i'.'!?i
6,497
Savannah..
8,175
5,450 1,545
Galveston..
3,423
2207
Baltimore.
4.646
Boston
4,839
Phlladelp'a
212
San Fran..

The

in our usual

Barcelona.

Total.

......

10,015
43,776
2,130
13,876
7,647
15,624
5,630
J.»J"
4,889

3,199

210
1,050

212

30031,863 4,459 108,315
3.673
Total... loToiO 1,515
Gottenburg, 1,200
Included in the above totals are, from Charleston to
bales.
bales, and from Galveston to Vera Cruz, 454
the clearances this week of vaasels carrying
3,936

Below we add

data down
cotton from United States ports, bringing our
dtitcs

i'lip Ijii'Pst

to

I

Bernard Hall, 7,005....
GALVESTON— For Liverpool— March 7—Steamer
Mentor,
March lO-Bark Lottie Stewart. 2,394. ..March 1 1-Bark
.

2,186.
For Bremem-March 11-Bark Gutcnburg,
8-3teamer Alava 4 091...
NEW ORLKANS-For Li'ferpool-Mareh
March ll-st«ainer
4,192
Inventor,
March 10-Stcamer
———^

Ship Lady Palmerston,
Navarro.
.March lO-Ship
For Havre-Marih 8 -Steamer Aloester, 4,963...
....March 1211-Steamer EhrenfeU,
;

Fe'r^Bremlll-Sch

Steamer Pine Branch. 3,8 jO.
For Barcelona— March 11— Bark Isabel.-——.
For Malasa-March 8-BarkFcrren, 1,000.
For Genoa- March 8-Bark Monte San Angelo, 1,257.
919.
For Vera Cruz-March 8-Ste.amcr City of Mexico,
Boyd, 2,000.
SAVANXAII-For Havre-March 10-Bark John M.
Blanchard, 4,447....
NorfolkI-Fo? Liverpool-March ll-W.ip P
March 12— Bark Ja'.iies L. Harway. 3,701.
,^0
Miasoun. 4,108.
Boston- For Liverpool-March 11—Steamer
lASmoRhf-For Liverpool-March 7-Stoamer Mentmore, 2.514....
March 8— Steamer Nubian, 2,527.
^, ,„ 1,473.
, ^t^
PHILADELPHIA -For Liverpool-March 8-Steamer Ohio,
.

.

Grand Total
to i
Below we give all news received to date of disasters
Cotton at
The Following, are the Gross Receipts offor
carrying cotton from United States ports, &c.
past
the
from New OrlcaM for
New York, Boston, Philadelpliia and Baltimore
ASLAN\ ship (Br), Thomas, before reported,
ashore oal^e mat
Liverpool which put Into Bermuda after be ug that the ship was
week, and since September 1, 1883.
is said
end

NEW YORK.
ntctt)fU

TMa

from—

Nev

week.

Orleans

Texas
eavannah

.

.

SifK«
Stft.

1.

3,08<)

180.148
174,134

2,053

145,743

1,630

S.S94
97,B50

S,70Oi

Thit
weeli.

048

Mobile
Florida
8o. Carolina.

No. Carolina..
Virginia

1,982

25.506
210,262

183

93,665
3,321

T29

1,H18

North'n ports
Tennessee,&c
Foreinn...

PHILADELPH'AI BALTIMOBB.

Boston.
Since
Sept.

1.

2,130
51,517
4,373

Thii
week.

500

Sept.

1.

ll,TO5

TMt

Since

week.

SepUt.

1,928

7375

6,(M4

887
930

40,811

34,303

5,425

134,832

was leaking. It
and for the purpose

is

2,093

72,384
12

2,000

19,417

71,136

16,571,

938,278

7,870

811,072

4,364

68,589'

6,548

;i2,300,

1,015.587

10.689

385,5.11

5.301

119,260

3,0021

gas.llO

Total bales.

msyr YORK-To

9.465

200
50

300

....Espanol,2,500....Guido,7.450....OuUlermo,4,3o0....

••••

Satur.

'^'-"''

Mon.

—

sail

e.

—.
38*

98'

»8*

»Sm'

1»32*

isja"

Bl6*

Oil,'

s'lB*

iSga*

IS32*

1»S2*

"32*

"33*

15««*

>»c**

»5«I'

»C4*

I'M*

"m*

>3®»8"

ia9»9*

"S3'

1>3,-

I'm-

'16*

5i«*

8ail...c.

BaU...c.

Reval, steam

Do

JW.

e.

Amst'd'm, steam.e.

Do

Thitn.

«.
.e.

Hamburg, steam, c.

Do

Wednes.

Ball...d.

Havre, steam
Do saU
Bremen, steam,

Do

Txtet.

ig..

Liverpool, steam d.

Do

United
Shipping News,—Tlie exports of cotton from the
have reached
States the past week, as per latest mail returns,
concerned these
108 345 bales. So far as the Southern ports are
published in
are the same exports reported by telegraph, and
With regard to New \ork we
the Chronicle last Friday.
Thursday
include the manifests of aU vessels cleared up to
Liverpool, per steamers Abyssinia, 853....
2,979
Baltic, 1,129.. ..Catalonia. 310.. ..City of Montreal.
....Pavonia, 1,936.... Ptolemy, 321....Sorvia, 1,907
200
Khein,
steamer
per
To Bremen,
To Hamburg, per steamer Westphalia, 50. ..Pieter de ConTo Antwerp, per steamers De Euyter, 100
-•
luck, 200
,V'.WiV\
ttORLEANS-To Liverpool, per steamers Coimselloi, 3.470

of rating -^ihronou.eter

fully insured.

13,588
34,087

I^ast year..

Nellie. 3,431

is

52,061

cargo

This year..

night of this week.

of the island,

SSproaching the

sail

d.
c.

iflass*

Baroelona,steam.e.

Genoa, steam. ...e.
Trieste, steam ...c.
Antwerp, steam, .c
Oompresseo.

"3*

>*•

V

"is*

he*

V

cable from Liverpool,

"M*

V

»«'

>3*

^IS*

B18*

wo I'f^t'j^

_2isl-

f.oinwins

LivERPOOL.-By
^^J
&r., at that poru
statement of the week's sales, stocks,
add previous weeks for comparison,

Ve

.

March

THK

15, 1884.J

nh. VI
tmliw.
of the week
Of which «iiH>rtprs took
Of whtoti upooulaton took..

1

f*b. 30.

Ueh. II.

J/eA. 7.

rO.OfiO

.VI .000

.'..I

C'TIKOMCI-E.

on

.'1.1)00
•..•.: 10
1

l.HlU)

l.uni.

1. :!•;<)

3S,(iO«

a^.r.oo

7.000

4'.',O.M»
tl.2i>0

5,-1,000
nt>7.oo«i

2t..',(HI

23.000

II'.I'.I.OOV

,oni..-.oo

(Wl.OIXl

7'i."i.O0C

:..:.oo

HS.OlMI

!H).0(KI

TO-.OOO
121.000

O'

»,^.000

Aau

4'J.^.OOO

or

326,000

80,000
303,000
250,000

322.000
214.000

KntlulM

(

ok

DJI.OOO

Tlie tone of the LiverjHiol luarkot for Hpota iind futures oiich
of tho wet-k enillng Miin-li 14, and the daily closing prices
of 8iv.»t cottou, liavo been as followB:

day

Widnt*. Thur§<t'y.

Athtnlay Votutoy. ISMMtay.

apoL
Market, {
13:30 r.M.j

r»lr bui.
nt prdvl-

Fnlr bui.
»t provU
0':i prlc.»s

Frulay.

Stmdr.

Turn.

rirm.

Urn.

10,000

12.000
1.030

10,000
1,000

10.000
1.000

nrm.

Btoady.

Mid Opl'dx
e

Mid.Url'ns
Balea
Bpeio.ikexp.

8.000
l.OCO

10.030
2,000

tuluret.
Market, (
12:30r.M.{

Qalot
but

8t«ad7.

•teadr.

1,000

Dull.

Qalet
but

now

889

The reMOD given

for tho dulncia ia tluU (b*
already too largo. To-day there waa m
decline of '4'c. to %c. at tho opening, but afterward thia waa
reco7ored, though the transactions were quite moderate. No.
oiirrviit.

supply in Kurope

is

for March, |1 00^
$1 13 for June, showing a ris«
of li to "'gC. for the week on the later months, while March
April are the same as a week ago and wheat on the spot la
i red closed at |1 18'.^ in elevator, (1 07;>^

for April, |1

ll''a

for

May and

&

lower than then.
Indian corn has been more active at some advance. The
fluctuations in prices have as usual been greatly influenced by
those at Chicago, and it waa a more noticeable disposition there
cover contracts that started a similar movement here and
advanced the (luotations. The Government estimate of the
crop has been reduced, and there is now said to be a much
smaller quantity in the hands of farmers than waa at one
lime supposed. But such statements, while they undoubtedly
have a certain effect, are offeet by the dulness in the export
trade, and it is even alleged that they are seconded by some of
the larger bulls solely with a view of disposing of their com
at once. To-day prices opened ^c. to )jc. lower, but afterwards recovered. No. 2 mi.xcd closed at CS^^^c. deliTered, 62c.
}{c.

May, 6-1 ^gC. for June and
showing an advance during the week of 34C.
to I34C., the most noticeable rise being in June.
The opening, higliost, loweat and closing prices of futures at
Rye and barley have been moderately active at rather easier
TJverpool for each day of tlu> week are given below. Tlioso
prices are on the b;>si.s of Uplands, Luw Middling clause, unless prices. Oats have fluctuated within a narrow range, but the
otlierwis<> stated.
transactions have been fair.
No. 2 mixed closed at 40J^c. for
The prices are given in pehea and eWa, thus: 562 nuantS 62-eM.
April, 41,'4C. for May and 41 %c. for June, these figures,
G 03 meatis G S-Gld.
owing to some depression late in the day, falling slightly below
those of a week ago.
Toea., I>lch.
Jfarket,

5 P.M.

Firm.

j
\

Staadr.

rirmer.

Firm.

Firm.

•teadr.

Sac, Mch.

S,

for March,' 62,14c. for April, 63j ^c. for

65/gC. for July,

Mon,, nich.

I

f.

The following are
OrtH'Hith Low.
d.

B54

March

I

Of. 0pm H4«k Low.

d.

It.

d.

5M

5 34

631

Mar.- Apr... S 53 3 a4 553
Aprtl-Mny.. 5 57 5 57 5 57
Mar-Jone 5 61 3 41 3 61
JaD»>lalr.. SOI
01 SOI
Jalj-Aog... 005 SOS SOS
.

SSI

SOI
SOS

Aiic.-8*p»..

epC-Oot...
Oct-80T_..

floe

553 S54
5 57 508 5 57 St8
SSI 5 01 SSI SSI
SOI S03 SOI S02
SOS SOS SOS SOS
SIO 8 10 SIO SIO
553

;

Clot.

5 54

Open

5 54

Hlgli

5 54

Low.

551

563 B5S 5 57
3 62

5 63
8 00
6 06

5 63
6 03

8)3
SOS
S06
608 609 eo»

closing quotations

:

Clot.

5 54
5 57

5 63
• 03

606
6 03

SOS soe soe

City shipping eztrasSS 109 5
Southern bakers' and
family brands
4 759 6
Bouth'n slip'g extraa3 65 9 3
Ryettour, 8uperllne..3 409 3

Ho. 2Bprlng...9bhl.$2'25»
2 40»
No. 2 winter
2 8t>»
Baperflne
Bprlng wheat extras.. 3 509
Minn, clear and stra't 4 009
Winter shipp'K extras. 3 409
and
Winter clear

2 50

3 60

Com meal—

straight
Patents, aprlng
Patenta, winter

6 25
C 90
7 10

Buckwheat Hour,
100 Ibj

400a

5 50 »
5 509

3 00
3 3^
4 75

5 80

75
7&
75

3
3

009 3 30
359 345

3

25» 8 60

Western, die

Brandywlnn. Ao

45

«

NoT.-Oeo..
Deo.- Tan....
Jaa.-Feb....

W94utu.,aiek,li.

Tharsn Mch. 13.

Fri..

Open Bt^lLow.

Open BIth Low. Cbx

0pm BVh

Clot.

nch. 11.
Low.

Clot

March
Mar.-Apr...
April-Mar.. 5S7

BS7 SS7 SS7

May-June.,
Jane-Jalr-- SOS soa 60S 603
jQly-Aag... soe soe see soe
Aag.-Sept..
SIO 610 8 10

SM

Sprlng.per bnsb.
BprtngNo. 2
Red winter, No. 2
Red winter

White
White No. 1
mixed

90 «l 10
106 ei 07

isst ess 554 656
BBS SCO SSS 559
SSS 562 669 563

803 603 60-1
8 07 608 8 07
610 SU|610
SOS e 10 S 00
I

803
608
6 11
6 10

667

560
800
SOS
S0»
SIS
813

3 60
6 01

SOS
eoe
813
813

Bse
560
«00

3 57

6 05

606
609

60«
613
613

560
8 01

6 13

613

State <& Canada
Oats-Mixed

White

1 10>39I 13 Is
84 91 16
1

Com— West,

West. mix. No. 2.
White Southern..
Yellow Southern.

d.

8«rt.-0ct...
O0t.-N0T...
Not.- Dec...
Deo.-Jan....
JaQ.-Feb....

Rye—Western

Wheat—

We8t<;m wliite...
Western Yellow .

95 »1
09 «1
50 9
el's*

58

00
5S
60

a

a
9

No. 2 mixed
No. 2 white
Barlev - No. 1 Canada.
No. 2 Canada
92

10
10
62'fl
"""
63
>s

70
03
70
66

State,

Buckwheat

64
70
85

41
46
40 >«
• 44
9 88

• 83
9 6»
9 7!i
9 90

I

Hour.

Wheat.

Com.

Ohloaso

Sf.S.'B

12;l.038

Milwaukee

«7.2-13

116.400
8SJf«U
11S.7<1
4,750
138.347
13.300

Toledo
Detroit...
CleTeland.

1,4 IH
.

.

3.511

TW

OaU.

BarUv.

Bve.

B>uhMU>t\Buth.*»lla SwA.se Ita

BM>.196Itv B\uK.aatiM

FBIDAT. F. H., March 1 1, 1884.

two-rowed

Stitf , six-rowed

7S
79

.The movement of bread-itaSs to market is iadicated in the
statements below, prepared by us from the figures of the New
York Produce Eichinge. We first giTe th'j receipts at Western
Lake and River ports, arranged so as to present th-^ comparative movement for the weeK ending Mir. 8 aad since Aag. 1
for each of the last three years:
Beceiptt atr-

BREADSTUFFS.

74 •
77 •
39 •
43 »
40'4a

l,i>3l,74S
SH.O'X)

«7;.373
87.874
6,S<X)

4S3,135;
23.30O1

23.0SI

91,«J7

17.753)

4.000

3,700

«B7

4.017
17.IS7
1.308

154.95;)
33,n30
l.n.19.«2"'
99.140
4.40O
Flour has been very quiet for most descriptions and the Bt. Louis...
^a.OiO
139,880
io,o:0'
13,i«0
1,500
Peoria.
Prices
extent
nominal.
market has been at times to a great
30.7 ,'3
Dslntta
have shown no marked change but tlie tendency latterly has
a.0UI.0I3
847.017
607.511
3^780
33^783
Tot.wk."W
U4.4HIJ
been downward. Winter-wheat grades have been the best sus- Same wk. "SS
I,)l7.4e3
203.7(«
S,'.0S330
4431100
13B,8SO
l.3«,931
SVI.OW
fi3,SI4
13o,(Ml
887.475
181,494
wk-ts
tained by reason of the smallness of the supply and winter 8bbm
ShioeAncl
patents are preferred to the spring, as they have noticeably
1883
3.80S.967 67.48&9S3 77..^t0483 40339.790 14.410.574
BJW.70T
improved in quality this season. To-day there was a fair trade
6.415.900 60.074.S<'( S«.4S5.4I1 33.PJ9.3I0 13.470.993' 3.333,S8«
lasa
33,aj3.031 10.301.0Ot|
ISRI
5.IC:l.7i'l 32.3U.'ia'i 77.*"7,4U
8.816.487
in Southern flour, but of other descriptions the sales were very
small, and as a rule the market was weak.
The compaiatire shipments of Soar and grata from the
Wheat, following the lead of the Chicago market, has ad- same ports from Deo. 24, 1833, to Mar. S, 1884, inclosiTe, for
follows:
vanced mainly because of the covering of shorts both here and four years, show as
1S82-83.
1881 S2.
1883S4.
1880-81.
at the West, owing to the rather unfavorable weather reports
2,15«,005
1,698,863
1,561,672
1,649,215
floor
bbls.
that were at one time circulated in which particular stress
was laid upon an anticipated cold wave from the Northwest. irhMt
4,307,563
3,56.5^03
3.217.630
2,906.363
boall.
19.010..523
13.609.156
8.542.914
H.04I,73J
But there has been no such atmospherical disturbance, and Oom
5.0ni;.88i
«,40!»,05S
7.307,133
5.996.353
C»ia
1.2S6.66^
2,7!'.«,469
1,215.725
1,450.022
prices for
several days have been slowly declining. The Barley
431.30J
452.443
460.1: ft
463,675
Bye..
reports from the winter wheat-belt, whilesomewhat conflicting,
are in the main not unfavorable, and better weathf r is antici21.839,643
18.293,018
32.845.007
Total Kialn .... 23,531,124
pated in the immediate future. The export trade has been
Below are the rail Bhipments from Western lake aad river
small, notwithstanding the unusually low ocean freight rates ports for four years:

..

.

THE CHRONICLE.

340
1883.

1882.

1881.

Week

Week

ilch.S

Hch. 10.
220,468

Week
Mch. 11.
148,179

Week
Mch. 12
113.996

301,311
653,750
366.366
89,816
45,038

239,114
996.375
336,077
47,733
30,222

1R84.
Flonr.,

.bbls.

115,574

Wheat

bash.

296,489

384,919
1,958,181
979,254
349,916
51,142

1.589,819
620,372
130,077
30,009

Com....
Oats
Barlej

R7e

3.723,415

2,666,798

Total

1,458,331

The rail and lake shipmenta from same

1,04.1,551

ports for last four

weeks were:
Week

ending —

Mch.
Mch.

296.489
263,642
289.657
172,017

1.

The receipts

bush.

63^,957
822.402
829.685
631.0J7

1.177,58,5

1.179.357

Rye,
bust..

30.009
31,831
52.751
27,57s

130.077
91.757
99.861
103,373

At—

33,500
6,450

80.445
48,129
12,389
6.688
20.780
21,972
13,443

Boston
Portland
Montreal
PhUadelphla...
Ba'.tlmore
New Orleans...

Ooni,
bush.

bush,

bbls.

Hew York

25,900
35,000
182,434

Barley,
bush.

Oats,
bu.th.

196,747
123,675
115,886

174,338
90,790

64,900
217,873
122,173

12,150
56,950
21,644
46,703

bush
74.050 29,145
4,350

3..500

4,100
39,000
3,632

408,075 121.810 22,777
503,772 133,820 27,921
The total receipts at the same ports for the period from
Dec. 24, 1883, to Mar. 8, 1 834, compare as follows for fonr
years:
871.553
Total week... 206.846 239.234
week '83.. 272.537 1,003,802 2,578,774

Oor.

1883-34.
2,361,517

1882-33.
3,156,133

1881-32.
2,361,730

1880-31.
3,601,620

,.

3,401,147
9.939,057
3,577,720
1,555,558

408,350

10,447,715
13,956,239
4,204,531
1,056,058
202,662

6,115,232
8.241,145
4,286,521
1,250.452
112,165

9.067,259
13.300.681
4.398,730
1,107,341
361,606

....

18,382,132

34,817,205

20,035,515

28,235,620

bbls.

Wbeat

bosb.

OatB
Barler
Bye......
Total gralt

The exports from the several seaboard ports for week ending
Uiir. 8, 1884, are shown in the aanexed statement:
Exports

Flour.

from—

Bbls.

KewYork

59.182
33,075
11,889

Boston. ..
Portland
Montreal.

Wheal.

Corn.

Bush.
259,399

Bush.
22.<.529

Feai.

Rye.

Oali.

Bush.
511

Bush.
95,478

Bush.
1,680

163,731
133,886

27,911

"350

eV.ob'i

Baltlm're
N.Orl'ns

3,310

158,637

37,937
21,428
221,016

rota) w'k.

103,873

480,098

806,557

527

95,478

171.249

976.948 1,169,143

703

39,139

2,946

We

add the

Philadel..

167

'""l3

B'me time
1883.

..

The

destination of these exports is as below,
corresponding period of last year for comparison:

29,621

Exports

Bbls.

Bbls.

72,314
9,693
5,638
16,621
4,565

Un.Klng.
Contin'nt

B.&C.Am
W.

Indies

Brit. Col's

Mar.

Mar. 10.
.

132.826
11,367
6.327

108.873

Total.

Bush.
343.862
124,216

Bush.
709,629
265,311
"i'.OOii

6,703

5

11,900

171,249

480,098

1883.
Week.

TTeefc,

Mar. 10.

8.

14.0,i4

42

OUi.o'nt'6

1884.

1883.
Week,

1881.
Week.

1883.
Week,

1884.

Week,
Uar. 8.

to—

976.948

Mar.

8.

Mar. 10.

Bush.
Bush.
426.861 1,031,332
335,275 123.017
37,006
10,271
6,320
3.365
1,158
1,095
806,557 1.169,143

By adding this week's movement to our previous totals we
have the following statement of exports since September 1, this
season and last season.
Whtat.
Mrports since IS83«.
Sett. 1, to— Sevt. 1 to
Mar. 8.

Continent

.

B.*C.Am..
West Indies
Cornles
0th. oonntr's
Brit.

ToUl

188»«3.
to

Sept.

1

Mar.

10.

Corn.

1883-84.

1S82*3.

188S-S4.

1882-83,

Sevt. 1 to

Sept. 1 to

Sept. 1 to

Sept. 1 tA

Mar.

8.

Mar.

10.

Mar.

8.

War.

10.

Busli.

Btuh.

Bush.

Bush.

8.862.ie3

8.936.803

14.523.741

85.507.473

15,709.380

13.012,307

227.187
860.479
453,847
836,427
18,383

866.389
4Q3.4S4

9,428,479
831

20,367.163
88.8)3

4,922.904
1,050.293

1,788,691

515,878
313,490
a»,17T

86,678
8,010
17,567

42,528
7,806
202,410

233,759
98.346
111,988

181,709
846,037
68,866
81,194

i.287.B16

6.5(15.214

a4.0()5.8'16

4e.llB.lX.'!

22.131.670

1.^.391.804

Bblt.

Un. langdom

Montreal

14,916
130,037
174,126

Philadelphia
Peoria
Indianapolis
Kansas City
Baltimore

12.1,000

33000

388,753
564,263

Down Mississippi.
On rail

296,139

336.725
413,394
12,585
1,539,819

Mch.
Mch.
Mch.

30,519,883
31.073,900
Tot.
23.626.395
rot. Moh.ll.'32. 11.452.348
Tot. Mch. 12. '81. 23,383,090
rot.
rot.

8, '84.
I. '84.
10, '83.

BbU.

bush.

221.454
30.65rf

100,581

Barley,
bush.

18,969
37,165
21,956
182,350
15,561

Rye,
bush.

69.129
11,692
1,076
129
31,948

68.616
106,745
39,000
35,536
7,638
18,585
620,372

130.077

30,009

16.247,095 5.110,399
15.354,501 5,487.333
14.159.093 4.301.937
12.928.173 2.022.883
14,757,931 3,161,638

2.1U0.962
2.214.917
1,937.508
1,869,803
2,462,019

2.212.612
2,240,000
1.871,823
1,091.706
656,691

88"851
18,500
12,090
4,101

THE DRY GOODS TRADE.
FKIDAT, P. M., March

11, 1884.

spring-like the past week, and

a fair distribution of seasonable goods

was made by

leading

jobbers; but business in this connection was less active than
is usually witnessed at this time of year, retail buyers having

continued to operate with a degree of caution bordering upon
Some very fair orders for clothing woolens and
timidity.
cloakings were placed with agents representing domestic
manufacturers, and a fevy specialties in dress goods, wash
fabrics, &c.,were moderately active; but, taken as a whole, the

demand at first hands was light and disappointing. The
movement in foreign goods was strictly moderate, selections
by jobbers and retailers having been almost wholly of a handto-mouth character, and light in the aggregate. In spite of
the comparative quiet which has prevailed in the market of
late, prices are fairly maintained on the most desirable goods,
and few accumulations have thus far taken place because of
curtailed production in this country and diminished imports

from abroad.
Domestic Cotton Goods. The eaports of domestics for
the week were 2,004 packages, including 949 to Great Britain,

—

303 to Argentine Republic, 216 to Brazil, 147 to Venezuela,
138 to United States of Colombia, &c. It was a very quiet
week with the commission houses, but a fair business in all
seasonable fabrics was done by the principal jobbers. Brown

sheetings were slow of sale, and Southern brands are in such
large supply that a curtailment of production is under conBleached goods were in light demand at first
sideration.
hands, but the finest and medium grades are well sold up and

steady in price, while low qualities are weak and unsettled.
Wide sheetings were in fair request, as were corset jeans, and
stocks are in good shape. Colored cottons were dull with

and the demand for white goods was .less active; but a
fair trade in the above fabrics was done by jobbers. Print
cloths were in light demand and easy at last quotations,
which are lower than at any time since March, 1879. Fancy

agents,

Corn.

Whea^.

Flour.
for week

430
193,152
239,110
596,183
5,910

115,002

Oals,

bnsh.

2,622,676
49,151
377,272

1,063,703

The weather has been more

S follow:
Wheal,
Flour,

Com

Com,

Wheal,
bush.

—

of floar and grain at the seaboard ports for tb e

Week ended Mar.

Floor

store at

Louis
Cincinnati
Boston
Toronto
Bt.

6,045,017 2.922,071
425,071 112.169
8.214,112 2.541,458 1,2J3,355 199,359

l,0il,805
1,699.043

568.458

4w'k8-83. 772,630

Barley,
hush.

Oats.

bush.
1,602,434
1,485,611

bush.

hhls.

126.099
131,311
Feb. 23. 158.388
Feb. 16. 152.660
8.

Tot., 4 w.

Corn,

Wheat,

Flour,

In

IVoi. XXXVIII.

The visible supply ot grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, Mar. 8, 1884, was as
follows:
Barley,
Rye,
Oats,
Oorn,
Wheat,
bush.
bush.
bush.
bujih.
bush.
In store at—
63.157
3,990.692 1,481,488 2,034,800 269,182
New York
14,000
118.000
48.000
9(5,000
Do afloat (est.).
16,500
77,000
30,500
13,500
9.000
Albany
8,717
202 170.861
143,103
900.994
Bofialo
12,770,090 6,290,356 1,603,029 249,596 1,772,902
Obloago
101.765~
141,275
8-52,863
Do afloat
24,356
2,262 618,390
3,021,136
16,817
Milwaukee
2.644,155
Duluth
767
401
38,788
2,559,613 1,343,031
Toledo
388
5.979
137,123
44,237
691,353
Detroit
41,000
212,475
133.000
142,000
Oswego

prints

were dull

in agents'

hands, but indigo-blues,

fine

and furnitures were in steady re quest, and
good business was dona in wash fabrics (as ginghams,

sateens, shirtings

a fairly
lawns, chambrays, ssersuckers, &c.) at steady prices.
BoMESTic Woolen Goods.— There was a slightly improved

undertone in the woolen goods market, but the volume of
business was hardly up to expectations. Fair orders were
placed by the clothing trade for choice styles of all-wool and
a
cotton-warp cassimeres, worsteds and overcoatings, and
satinets.
fairly good trade was done in popular makes of
Cloakings have met with more attention, and some considerlow
able transactions were effected by means of relatively
irregwas
jerseys
and
cloths
ladies'
for
demand
The
prices.
by agents
ular, but a fair aggregate distribution was made
doeskins
representing leading makes. Kentucky jeans and
fabrics
ruled quiet in first hands, and the jobbing trade in these
were
was only moderate. All-wool and worsted dress goods

jobbed in liberal quantities, and there was a steady

call at

hands for duplicate lots of soft wool suitings, cashmeres,
buntyarn and piece-dyed fancy worsteds, beiges, lenos, lace

first

ings, &c.

at,

FOREiaN Dry Goods.—The demand for imported goodsana
to a few specialities,
first hands was mainly restricted
business w
transactions were light in the aggregate. A fair
silks, dress

goods, white goods, laces,

embroideries, hosiery,

meaua
jobbers, but retailers were by no
&c.,
ottnt
backwardness
the
to
owing
purchases,
their
in
liberal
various lines of foreign
season. The auction rooms submitted
very tewoi
goods to the trade, but buyers were apathetic, and

was done by

the public sales resulted satisfactorily.

1^ The importations of dry goods will be found unaer
Commercial and Miscellaneous News, on page 8W. ««

,
'

I

I

rn

M.v

THE

1884.)

1!\

SauU

:

:

:

:

;

(IHHONICLK.

Vil

SiinU srtatcmcnts.

sptatcmcuts.

.

:

iBanU iiitutcmcuts.
I

> « Ynrk,

N.'w

»'

ut thv cUtitv of

'It-It 1*.

"

»»,TJ7.-i--

....

OP TIJK CONIUTION OF TIIF.
IVFOritTIl NI.TIO\\l, IIANK OK TIIK

OBPOUT OF THE CONDITION or THE
'^MKKCA.NTILE NATIONAL HANK,

1>BI'OliT

HANK,

N\TI(»N,\I,

iil'lll:M\

4,

<HTY OK NKW
of New York, al
-

'

..w Vor..ln the Ma'n

\
1

l.ualnesa Mar.

1

I'

'

of the
Mar.'h

c

7.

IWH

»<I.IIH4.W« 18

1 "','.'.'..
.agi-S. ...

2.H49 01

I

" elroolatlon

'

aiKi.'

.Id

fl,IMI«l

mm

-

I.VII

>

71I-.

*'

ri.-iumui"

(!<

Chi'i-ki. ail'!

-.'I

K\-'hari«.'-.

3h,.'

iilsk6Ukp«niilo».

I

8«l
»U.M..,
-uiere

TotlU

is:j<ki

uo

ffl,T40,e««l

(N

Ii.noo.ww

iH)

LIABILITIka.
iiiui ^...-k iiai<iiD

^(Kl.rKKi

'

HH
ouUtKTidlntf

nitl e.^

II

7V.I11''

.M

tf5:J,iM>ii

IMI

3.a.-<)

K.-

,

M

l,l»Kj<,,M.i

1-J

;....

,M

i.'i

»s.7«().«via

r Now Vork, City wdCntintraf New
iruKD U. BrLL, Culiler <if th
'

•-'.I

lx.<:U

-

'I
\

'.ii

t.in.m

MibJnctKi ohoi-k..
>f depulll

t>iAnk. tlo !to!emnl]r ann*r
flit 1m true, to the beat ut

that

Y. rk,

.,.:

nbDve-

thi-

iibov<>

my knowlodce and

A. M. BlM.i.

•

..hur.
ihi*d and Mwurn to't>«rore luc ihi- IVth duv
''1. IfW*.
El.IJAB II. KlKtil
-•t — Attest.;
Notary riit)lic.
I

WM. BRVCK.

W. (Jooi.D, !
IHKAKI. COIISK.^

i.'1-au-r <M.'

IIESUL'UCIS.
oil diHMlinta
ifia

'•""'"

('S.KMItTS 20
405 13

'"'

T'J.OflO

881.367 94
M.tm 57
ooo.mK) o<)

r-....
1-

.

DO

8,1I8»
i»*4.i!92

.

Items

11

no
00

400.00()
•'.«...

iUBniue

At

l.TSl.U 5 34
I2,««fi

no

1'^

3^1

!Mckels& p«nnle>

laiO5.770 35

»W.&iO 00

:....

>i(h

V. 9. Treasirculation)
...

'

U.OOO 60
f8.ieo.og7 11

LlABU.mi8.
'-icktmldtn

00
S»
00
15.681 00
4.065.00S Sn
108.639 OS

tea uout«ndlog..
i:.l

'ibjeet to check..
't

deposit

l.3M.«f)l 82

-funding

10.7B8 7B

banks
iiul bankers

1.966.«>t2

7!*

960.746 42
$8,160.09'.

.1.

New

II

Vork. t^ouDtr of New York. »:
Pt'I.LI.V, (ashler of the above-named
njntyswearthal the above iitatement
•i>'8tof my knowliHlK'eand belief.

1(
'

E.

I

11.

PII.I.K.N. Caililer.

od sworn to before me this Ulhda<
JAIIK8 > AI.XU.
Notary Public, Kinies O*.
otrect-Atlest
Certincate died In N.Y. Co.

Uar

;

U, 13S4.

:

G. B CARHAKT.
/
tiUMNER R. STONE, VOIrrctora.
W. C. ANDBKVrS. )

iKPOHT OF THE CONniTlON OF THE
VI. \l. LATIN NATlON.tl, HANK, at New
:hi' Htiiie
Now

ol

:i

V iroh

7.

Yurk.ut the close of busl

1MS4:
»3,S«7.747 93
8.806 57

'•'«

00
435,000 00

(190,000

1....

177.047 Rl
1.743 51
99JS0a 00

...
.....fs....

illtutea

W

aasM

-paid

484 87

K.f

K House.

1,353.626 68
10.000 00

'•ney.alckeU and

36 47
M9.796 00
109,897 00

,

fuel.)

pKnl tendera
19. ctia. ofdAposIt for Imal tendera
Y'demptlon fund with U. S. Treasurer
:^ lier cent of olreulatlun)

105,000 00

40,000 00

>

.Total
'

'

b

Dital

#7.090.80683

LIABILITIBa.
stock paid In

f 1^0,000 00

krphi" fund

F'

800.000 00
668.544 98
783.000 00

ntatanding

69 60
8.386^81 II
708 60
1,«M.137 0*
840,808 66
560,739 94
187.318 60

.iibjecttoeheok..
r

'•I'

>i

depoMt

i^taadlDC
.''...onalbanka

ne to mtaie baoks and bankers
T''n!

«7.000.(I06

.f

Now York

A.
Ibed

and sworn

^ i. I.. 18&t.
orreet- Attest
A.

iiu

IH.IMIII

IH

7.ilJ 18

»1J8.1

Kederaptlon fund with li.8.
'rreasurer I5 per cent :if

Cajiltal atook paid In

SiirolUH

,

tuo.ouo no

1

617711

National bank notes out stJUldllU

tfn.lNH)

I7.MM7 72

UO

»

«,r;mi:m
l)e|)oslt.>. for acceiitances
6H2.27H h3
oemanitoertlfloates of deptisit
48.&(si 13
Cashler'ncheoks outslandlnit
S4H USfl 59
toother
Hue
nHllnn.l banks ...
I0,«l2.vui72
Due to Stat.' banks and bantora..
611 581 84
T'tal
.>2!i.ll7.1U 13
State of .New Vork. County of Now Vork. »» ;
I. IlKMiv UlTCKUolT. ('ashlrrof thoabovc-n'med
bank, do solemnly swear that the above statement
la true, to the best of my knowledge and belief.
IIKNIIV BfCKIIOLT. < SMhler
Subscribed and sworn to before me, this lath d y
of Marob. ItJM,
I', o
Ka.snin'G,
Correct— Attest
Nu'ary Public
.

Dlreolors.

)

88

;

"

uiL>.
.V.,lary Public.
.

ISKI.IN. Jb,1

W. STEVENH,

RU08KTBLT,

?
S

»-»,9IO.H64 74

1.000

M

.tloW,10e

LUBIUTrCS.
Capital stock paid In

11.000,000 00
176,000 00

Surplus fund
Unnivliled profits
National bank notes ontstandlng
Dividends unpaid
Individual deposits subJeil locb.'ck
$aj978.a8T
8.3Hi
Seinanit iitfs. of deposit..
jrtified checks
71.928
m.l39
Cashier's checks oulst'd'if
Due toother ^at'l bunks. .1,014,667
Due to State bks ,t b'kera 2.ill3.7o2
Total
Stute of New Vork, Connty of New

mflta 78
SSV/WO 00
818 00
07
74
76
04
68
01-8,684,797

8ft

$1».287,I<J3

9R

Vork,

u

-.

i.KH'D'KB.SCHKNCK.Cashlerortheahr.vi. named
bank, do solemnly swear thiir '
inent Istrue. lotbe bestof niv
,

KKKDKRICK

l!ef.

I
>

''.Treasurer

'.7

Dlvldi.nd.. unpaid
7,
IniUviilual deposits subject t'.obeck..

HOBT W. MTU *BT,
KKED'K .MBAD.
<>. U, BALDWIN,

II

her than 6 per cent re-

demptlonfund
ToUl

*3.900.0«<l 00

fund

riMllvKl.'.l prollts

17,900 00

cirottistloni

Due from
411

New

New

York. In the .State of
at the close of business .Marub 7. IH)!4;
Vtirk. at

KEHOVHCKS.
Loans and diaouunts

II.

s(

I

.- .„.
Subscribed and sworn to befor. .._
V. A. R. Uuva.\.
of March. 1884.
Correct— Attest
Notary Public. N. Y. County.
,

SM'L LBH.MAN.

SOO.i,>o<i

hand
bonds and mortftaKOs

ly H. bonds on

Due from other national banks
Due fr.ini State banks and bankers
IlankluK house
Other real estate

in.rioo

—

DIrsotors.

40.503

Oo
200.000 00

v

Current expenses and taxes paid

10,908 O'i
46.SU5 4!)
18.517 62
2,049.958 25
XW.577 00

Pri'nilunis paiil

Cheeks anil other cash Items
Kiehanues for Clearlnit House
Hills of other bunks
Kract'l paper cnr'cy, nickels &.p nnlea.

24 «2
14)97.729 50
422,37% 00

Specie
LeKal-tendor notes

Redemption fund with U.

8.

Treasur-

er (5 per cent of cireulatloni

Total

$12,076,608 65

LUBIUTnCS.

$1,000,1,000 00

Surplus fund

800 000 00
23 .084 69
424 .400 0>
18..874 58
3,303,,»M 47

profits

National bank notea outatandlng

Dividends unpaid
individual deposits aubject to oheok
Demand cerllflcatcs of deposit

429.,870 13

Acceptances
Cashier's checks outslanilinK
Due to other National banks
Due to State banks and bankers

l,78fl. 447

28
55.,589 67
3,746,<427 70
1.143, 170 03

Total
$12,078,608 55
State of New York, County of New Y'ork, u
Frkdiric TAri.O", Cashier of the above1.
named bank, do solemnly swear that the above
statement is true, to the best of my knowledite and
FRKDKHIC TAYLOR. Casbl, r.
belief.
Subscribed and sworn to before me this 2th day
niwi.v K. Coitsr,
of lf«rob. 1884.
Notary Public, New Vork Co.
Correct— Attest
1

:

AONKW.
WU,LIAM TURNBtn.!,. V Directors.
KDMUND D. RANDOLPH,)

.lOHN T.

1

M

KESOfllCKS.
Loans and diacounta
OverdrafU
U. S. bonda to aeeure drculation

63
47
00
00
28
4o
72
447 07

$4,003,737
1,582
300.000
Otheretocka, bonii" io"i ""'"iraaes....
18,200
Due from other ni'
135,986
Dne from State bn
kera
10,818
Real estate, f urn I'
(turea
890,067

Current expense!*

anil

tii.vi'.i

P'.id

checks and

otiier cash liem-.
Kxehaniies for Clearing ll.iuao

57.24^82

Ulllaof other banks
Krmot'l paper cur'oy, nlokela

A

penDI>-s.

Specie
Legal-tender notea
Redemption fund with U. S. Treasnrer <6 per cent of circulation)

13.600 00

Total

$6,377307 IS

LiABiunas.
Capital stoek peld In
Surplus fund...
Undivided prolIU
.National Bank notea outstanding

$400,000
896.000
85.864
870,000
K44

Dividends unpaid
Individual deposits subject to obgck...
Demand certificates of deposit
Certified checks
Cashier's checks outstanding

Dne to other national banks
Due to State banks and bankers
Total

New Tork. Coni''
D. KisH. C:i
I, JoaN
bank, do solemnly swes
is true, to the best of ni^
Statoof

34
00
76
80
00

620,350
83.809
6,608
731,328
870,600

00
00
87
00
19

4,&7rt4l68 9tf

178.194 71
177.104 68

8A 47
833,660
194,614 07

W

$6,377,807 IS
^

^

Vork.ss:
"

I

above-named
.restatement
.nd belief.
SB, Cashier.

Subscribed and sworn
this lltta day
K. STHnr.
of Uarcb. ISM.
.N'lirr Public. Kings Co.
Onrreot-Attest
.

U SCOVlI.LB,
KLWKLL.
rBBDINANU WA^D ,1

A'Ma!4A
JA8. W.

DIreotor*.

1

BROWNING.

Directors.

S

.

BANK, at .N'ew Vork. in th.' suite of .New York, at
the close of business on the 7(h day of March. 1884:
UESOl,'IU'K8.

Loans and discounts

$10,348,17*} 26

Overdrafts

U

S. bds. to

366 42

secure elrculat'n (par val.)

50.000 00
102,480 57
1,385,402 80

Other stocks, bonds and mortf^attes ...
Due from other national banks
Due from State and private banks and
bankers

298.626 63
349,*e6 81
S2,86« 61

Real estate

current en^enses nnd taxes paid
'hecks and other cash Items
Bxchuntres for Clearing House
Bills of other banks

.

.

.

7^

4il5,tM)7

I

5 51
76.827 00
3.470.256 86
2,'<7I,8

Spe'le
Legal-tender notes

00

2.2;f),000

Total

$21,749,300 88

l.iABlLtTUa.
Capital stock paid In

$5,000,000 00
1.250,000 00

:

Surplus fund
Undivided proats

;

96

2!'7,276

State bank circulation ontstandlng

Individual deposits subject to check..

ft803 00
7,783 50
8,621,541 81

Demand certificates of deposit
Certified chei-k*
Due to other national banks

1,323,208 10
3,226,469 73

Dividends unpaid

Due

60

50,3258

to State and private banks and

bankers

1,971,986 92

Total
$21,746.300 68
State of New York. City and Countyof New York, a«;
I. DfJIoXT Cl.AltKK. Cashier of
the Amei-K^u
Excbanue Nnilonal Hank of Ihe city of New York,
do solemnly swear that the above statement Is
true, to the best of my knowleilKo and belief.

DU.MONT CLARKE, Cashier.
this 14th day
Witness my hmd and notarial

Sworn to and subscribed before me
of March, 1884.

A. R. Roi

aeal

JOSIAH

JOHN

T.

t;Ki{.««,

Notary Public.

Correct.— Attest

OF THE CONDITION OF THE
REPORT
MARINE NATIONAL BANK,

at the City
in the State of New York, at the olose of bnalness,
arob 7, 1884

C.

W M P. S T. .lOUN 5
THE CONDITION OP THE
OF
REPORT
AltlERICAN EXCIIANI;E NATIONAL

22,500 00

Capital stock paid In

Undivided

:t3

8!S5,(K>o

'

IVM.

Vork,

85 89
00
00
22rt,0.:rt 49
H7.I60 2n

U. S. bonfls to secure circulation

(fiber .stocks,

New

$6,825.000 90

overdrafts

-

:

II

ADRIAN

r.

w

to

««

Cashier of the ubove^we«r ihat the above
"
'
wlodtfe nnd
cihier.
m laihdat

''-'""'"'
•

10 000

LIAUILITlia;

and

BESUUHCBK.
d diaeounta

;

nd.'ra
.laiurer

Total

00

» 1.500.000
ono.ooo
60.338
180.000

lltH

r

3 o
l.l«l,(l.l..

:

Vork. ut the eioj*©

.\'ew

-r;it«f <if

"I-

10,1

f-

Diiectora.

KKI>L'HI.U;,

'

.«

........

4,lt

OF THE CONDITION OF THE
TMK CONDITION OK THK RKPOKT
OONTINKNTAI. NATIONAL BANK of
VNKOKTIIF.

I

,

-.1

A penniM

l;. ^
Keil.'it:;'
(5 PIT -iMi;
.

9O0W1O no

— *-

:

4,nr».7ll;i

,

C.

,

.1

lutpor our'cy, niokola

I, .11,1.. r,,.. I...

.1

^luo.tMhi tku

..

1

IhTi-t
f

•

1

and

j(...'.«

,

of otbiT banks

-

I

.,1

m

no.ono 00
3II.H4H fUi

"'

'ir.>a....

II, ;i

It.m

bonds

lid

•.fou.inin

_

iiund

d,'

,...>!

.

ii«

Vork. St the close of business

itkeoiTHcui.

k«ra
.-

New

ty of

'I

i

S»

»

"

tlS..'*!'"

tM*r
,:.•«...

7, INH4:

'.

M. riSKK,

,

TERRY.

J
S

Directors.

HBNRY K. BHKLDON.
RPORT OF THE CONDITIO ^ OP THK
THIRD NATIONAL BANK OF THK CITV

NKW

Yl.RK.in the State of New Vork, at the
March 7, 1684
KK80CRCK8.
Loans and dlscounU
$8,767,975 38

OK

close of business Friday.

8,583 52
60,000 00
847.088 47

Overdrafts
U.S. bonds to secure circulation

Other stocks, bond., and mortgages
Due from olh^'r.National banks
Due fro u Sta f banss and bankers
Realesiaie
.t
Current exp.-ns-^s and taxes paid

Rxcluuiges for t:iearin« House
Blla of other Banks
Fractional paper currency, nickels

*^^SSi 80
5JS8

M

S«,a8a 06
14JB00 38
468,S0B 88

84X17 00

and

cenU
Specie

480 16
1.486.660 75

.'

Legal tender notes
U. S. ctfs. of deposits for legal tenders..
Dae from U. H. Treasurer, other than
6 per cent redemption fund

0.164 OO

$7i848,7M «•

Total

UABiLrriBs.

$1,000,000 00

Capital stock paid In

200.000 00

Surplus fund
Undivided proflU
Individual deposits subject to check
Demand certificates of deposit

845,000 00
80.000 00

...

Certified checks
Cashier's checks ontstandlng
One to other National banks
Due to State banks and bankers

176.1&* 30
1,071.178 98
9.804 >*

808J0« 01
Sl,i44 98
3.800.808 66
671.81181

Total
$7.m»,798 86
State of .New Tork, County of New Vork as ;
l,(i. L. Ht'Tcaixon, Cashier of the above-named
bank, do solemnly swear that the above statement
Is tme, to the best of my knowledge and belief,
U. 1,. ni"r('HINi;s, Cashier.
Subscribed and awom to before me thla 14th day
of March, 1884.
Ki'okns Dri.MAR.
Notary Public, N. r. Co.
Correct— Attest
:

CHARLRS LANIKR.;
PARKSR HANDT, \
WM. A. BOOTH.
S

DIreeMrs,

;

THE CHRONICLE.

TIU

(^ammtvci^l

'gnsuxmicji.

©avjfts.

&

Everingham

L.

125

The United
OFFICE OF THE

MERCHANTS,

I/a Salle Street,

ATLANTIC

OHAMBBK OF COMMBECB),

(ADJOINING

CHICAOO.
THE PURCHASE AND SALE OF

ORAIN

SAMUEL BUDD.
Pine Custom Shirts our Specialty
Over Twenty Years' experience warthe

assertion

that

our

Dr-ess

Shirts are unequaled for style, appear

ance

antee in

We

workmanship.

an(i

all

cases a perfect

CANVAS, FELTING DDCK, CAB
COVERING, BAGGING, RAVENS DUOK.SAIl.
TWINES, 4c., •'ONTARIO" SEAMLESS
BAGS, "AWNING STRIPES.
Also, AKents

CO.

Colors, always in stock

Duane

43

CO.,

ic

Chaijncit Street.

BOSTON.

AQXNTS FOR

Ocean Mills Co., Atlantic t^otton Mills,
Peabody Mills, Clilcopee Mfg. Co.,
Uertou New Mills,
Wlilte MTg. Co..
Saratoga Victory Mfg. Co.,
Hosiery and Ifaru Mill

Bliss,

United States aijd State pf

York

Fabyan &

".

Co.,

York, Bogton, Fbiladelphla,
SELLING AGENTS FOR LEADING BRANDS

BLEACHED SHIRTINGS
AND SHEETINGS,

dc

PRINTS, DENIMS, TICKS, DUCKS, 4o.
Tonrels, <laUts,'Whlte Ck>ods & Hoslerf
Drills, Sheetings, <tc., for Export Trade.

HOUSEKEEPERS AND OCCUPANTS OF

Stock, City,

CARPETS,

THE OUTSTANDING CERTIFICATES

will cease.

the time of

A DIVIDEND OF FORTY PER CENT

By

order of

J.

H.

ti.e

CHAPmAN,

273 Canal

Near Broadway (through to

ESTABIilSHED

EUGENE

R.

New

31

Howard SU)

1855.

COLE, Successor to

8ear8
STATIONER

&
AND

Cole,
PRINTER,

Supplies Banks, Bankers, Stock Brokers and CorporationB with complete outfits of Account Books
a nd Stationery.
|7~ New concerns organizing will have their orders promptly executed.

W^ILEIAM STREET,
(HANOVER SilUARE.)

Mo. 1

5^''

4

new

business written in 1883 over 1^;;.
87 per cent.
GOOD AGKNTP. desiring to represent the Com.
pany, are invited to address J. S. GAFFNE\,
Superintendent of Agencies, at Home OfBce.

THE

MUTUAL

LIFE

OF NEW

CO.

WINSTON,

S.

YORK.

Presidem.

EVERT DESCBIPTION

ISSUES

OF

L/F£d- ENDOWMENT POLICIES
Rates Lower than other Companies.

ORGANIZED APRIL

Assets,

-

14, 1842.

$101,148,248

-

COMMERCIAL MUTUAL
INSURANCE COHIPANY,
57

&

59 WIJ.LIAM STREET,

NEW

YORK.

A S S Ei 1* S
$3M,106
United States Securities
116,480
Bank Stocks of New York City Banks.
City imd other Stocks and Bonds, Loans
_
. . .

Banks
Preminm Notes. Cash I'lemlums, Reinsurance and otlier Claims
and Cash

in

Total Assets, January

1

,

D. Jones,
Charles Dennis.

J.

A. A. Raveu,

Wm.

Sturgis,

Benjamin H. Field,
Joslah O. Low,
William E. Dodge,
Royal Phelps,
0. A. Hand,
John D. Hewlett,
William H. Webb,
Charles P. Burdett,

Robt. B. Mlutuvn,
Charles H. Marnhall,
P. .rest,

Charles D. Lcverlch,
William Bryce,
William H. Fogg,
Thomas B. Coddington,
Horace K. Thurber,
William Degroot,
John L. Elker,
N. Denton Smith,

73,558

W. H. H. MOORE, 2d Vice-President

RAVEN,

.

(*C'

m

1884

W. IRVINtJ COMES.

t7S9,081
President.

D. King, Sec. Wainwhiqht Habbie V.-l'
This Company Issues Certificates of Insurance,
losses payable in LONDON, at its Bankers, Mesm.

Hknby

tW

BKOWN. 8H1PLHY &

CO.

Mmmships,

ONLY
Direct Line to

France.

NBW YORK

CO.

and HAVBE,

foot of Morton 81.
Travelers by this line avoid both transit by BnglKlj
and the discomforts of crosslnii the Channel
In a small boat.
.„ ,a 4 m
ST. L AUKKNT. De Jousselin.Wed.. Mar. )9, w A.M
.Wed.. Mar. 86..) l.»
CANADA, De Ker.sabiec
Elailway

.

AMBBlyUK.

Wed.. April

Santelli

2, 10

•* ";

PBlOE OF PAB8AGK— (including Wine); To "»;«'
riret oabln, «100 and $80; second cabin, t«0-. stM'»«age, »a6—Inoludlng wine, bedding and uteosilii.
turn tickets at very reduced rates. Checks on BanqM
Transatlantique, Havre and Paris, in amounts to Bua.

Special Train ft-om
The Compagnie Gonerale

Havre

to ParU.

Transatlantique

4«l''*'m

irom
at its office in New York special train tickets
Havre to Paris. Baggage checked through
™j;
provided
Havre,
t^^^r!!:
without examination at
have the same delivered at the Company's uoo»'u
»'•
New York. Pier 42 North Uiver. foot of Morton
steamoi
at least two hours before the departure of a

w

1.0 CIS

DE BKBI AN, Agent,
No. e

BowUnc Green

George Bliss,
William H. Macy.

JOHN D. JONES, President,
CHARLES DENNIS, Vice-President.
A. A.

80

From Pier (new) 42 North River

Horace Gray,
Edmund W. Corlies,
Adolph Leipoyne,

John Elliott,
James G. De

Oi'

235,007 15

GENERAL TRANSATLANTIC

TRUSTEES.

25

inARINE AND INLAND INSURANCE

Between

Gordon W. Burnham,

Street,

Secretary.

5,116,814 46
459,679 46

to policy-holders

Increase in

Board,

Charles H. Russell,

€0.,
¥ork.

i,-

1883.

Insurance Written.... $2 800.000 00 |S,23i.i)(iono
Insurance In force.
16.790.00000 i^.m^m^

declared on the net earue4 premiums of the
Company, for the year ending 31st December,
1883, for.which certificates will be issued on
and after Tuesday, the Sixth of May next.

W. H. H. Moore,

Desired.

of

The certitlcates to be produced at
payment and canceled.

OIL CLOTHS, MATTINGS, LINOLEUM, ETC. James Low,
Office and Ship Furnlslilng Specially David Lane,

dc

1882.

New

Bank and

the issue of 1879 wll bo redeemed and paid to
the holders thereof, or their legal representatives, on and after Tuesday, the Fifth of February next, from which dateaU interest thereon

ex-

incontestable

Death ClaioDs paid at once as soon as satisfactory
proofs are received at the Home OfQce.
Absolute security, combined with the largest liberality, assures the popularity and success of this Co.
All forms of Tontine Policies issued.
Comparison of Busixess for Two Yeabs.

F.

..$12,97 .312 47

OF-

FICES take notice. Before buying your carpetB,
Linoleum. Oilcloths, or Mattings, ciill at BENDALL'S
Misfit Carpet Store, 114 Fulton St., basement floor.
Oheapest place ! New York.

2T1

All Policies henceforth issued are
for any cause after three years.

New

SIX PER CENT INTEREST on the outstanding certificates of profits will be paid to the holders thereof, or their legal representatives, on
and after Tuesday, the Fifth of February next.

OFFICE
CARPETS.

tHeo. w. bailey &

the profits shall belong to the policy-holders

clusively.

INSURANCE

otherStocks
$8,666, 95 00
Loans secured by Stocks and
otherwise
1,956, 00 00
Real Estate and Claims due the
Company, estimated at
425,(00 Oo
Premium Notes and Bills EcceiTanle
1,588, :»6 79
Cash in Bank
335,710 68

New

BROW^N

$850,OaO 76
Assets, viz.;

Motley,

SAtVVER
IS

The Company has the following

Amount

HCrCCESSORS TO

E. R. niXJDGE,
& 4fi White Strkkt,
NEW YORK.

President.

A. Wheelwright, AsB'tSeo
Geo. H. BUKFORij, Actuary.

Payments

from Ist

January, 1883, to 31st December, 1883
$4,260,428 93

Street.

&

Joy, Lincoln

oft

Ici

kinds of

Widths and

Premiums marlied

Losses paid during the same
period
$1,901,042 38

COTTON

No. 109

$5,708,185 63

Returns of Premiums and Expenses

UNITED STATES BUNTING

BROSNAN,
Sec'y.

Assets....

COTTON SAILDUCK

A full a apply, all

Ist Januaiy, 1883, to 3 1st December, 1883
$4,168,953 10
Premiums on Policies not marked
oflF Ist January, 1 883
1,539,232 53

fit.

Co.,

Manufacturers and Dealers

Fraleigh,

By an act of the Legislature of this State this Company'8 charter was so amended in 1883 that hereafter

Total Marine Premiums

Brinckerhoff, Turner

And all

NEW YORK, January 24, 1881.
The TniBtees, lu conformity to the Charter of
the Company, submit the following Statement
of its affairs on the 3 1 st December, 1883;
Premiums ou Marine Risks from

all

guar

SAIH17E1. BVDD,
Broadway & 24th Street, New ¥ork.

&

Mutual Insurance Co.,

C. P.

1850.)

& 263 Broadway, New York.

T. H.

Special Information, indicating course of markets,
freely furnished upon request.

rants

(ORGANIZED IN

A!V» PROVI^ilOmS,
delivery, a speclatty.

States Life

Insurance Co.
THE CITX OF NEW ¥OBK,

IN

261, 262

on the Chicago Board of Trade, for cash or future

XXXVIU.

%nsnvmict.

Co.,

(Established 1865.)

COJTimiSSIOIV

[Vol.

Sd.Vloe-President.

JOSEPH GILLOTTS
STEEL PENS
SouiBy ALL DEALERSThrouomoutTheWORIJ
COLD MEDAL PARIS EXPOSITION^jWS,

M

Mil

II

r..

TUK

188*,]

('IIIU)MCLE.

i?nblicatlonB.

jS^ibUciitlons.

<i!Pottoti.

K>4T l,IVIN«J

[NOW READY.

W

.1.

,

" ii» I'rof.
.1,,,.
,\,
Prniidr,

.

Ilu«li'v.

Idulil lion.
<:liiil.liiii<-,l(, A. Picir.

A N

Thr

^•|lllll,
Diilif III
\\ III.
KIlU'U,
tlU*

lirriiv.
<i'-4.

Review.

Mh

.^

W

Arujll.
Triiir.

T

I

.

BKIMA, ALA.i MONTUO-VBHY, ALA.
CommlHlnn. Orden

ItaTers of (lottoB for a

<;iiii<iii.\v.

iilifw .Arnold,
limwitiiitf, iindiiiunrnthsra.
srs reprecented tn the pimes of

_

.

COTTON COMMINHION MEKCIIANTH,
No. 18 William Street, New York.

>liil(irU.( 'mill
ilil, Hip.. <MI-

>l i-M.

1

I

tars

ConlnoU ezsonted

In

KN«Kln,Teniiyaon,

(ANNUAL.)

Durlntt ibo torty yparfl of lu publication Thb
iJviNG AOK tuu mot Willi ooDtlnnons commendannd BUOO0BI.
A IK««Uv MaoaHnt. tt itlroi mora than

YEAR BOOK

A

OP

lt

-INANCIAL INFORMATION

t»iitt»riictori!r

^

I

every AmerlcHn
rre»h and (,'()M-

inTiiluttbte to

-

r'-.-ui-

1 I

.

'*l'l-i"ii of
an lndlapon*abl6 current
llteruLuru.— uidlHuunsable because It embraoea the
:

1

.

-

ar

WAKKSK

KWSH.

lOB.N M.

Moa. 31

4c

83 Broad Ntroot,

NKW

brancbes of Literature. Selsncr, Politics and

YORK.

Art.

jankers,

" We know of ni> quiil loTHi! Litino Ao» for
variety or Informat-on, <l*:])th of Inlerent, and purty
of tone. I*» p 'IT'"* ;ir(' '^iifl^-'ont to keep an' render
abreast will.
li.iu)jiit» of tlip Iwat
of our com
ia tliuurciit I'crc'.tloor tim «
i'jMrr. I'lilhiilflijhiii.

&

I

Brokers,

|i!^tock

BvnCN.jR.

Ewen brothers,
COTTOai BROHEKh,

THE ABLEiST LITtNU WKITEKN
la all

Special attention glren to the exsoatlon of

'"/. "IS J>urchaiie and ule of &>Hon. Orate
?S'!7
and ProTlilona tot future dellrsrr. I JbenU adnnaia
""
mads on oonalgnmonu.

prodoctlons of

FOR

Vn

12 OLD SLIP,
KgV YORK,
AND NOHPOLK, VA.

THRBB AWD A QUARTEH THOnSAND
tI

for

LlTsrpool

NO.

tion

ilouble-column
aMjumnin uciavo
octavo |>iu[t><«<ii
|>iuirf<«<ir renoinv
rendtnt; nitiiter
mtitter yearrear
lyItprosontu In un IncxpcnniTe fomt, OfmalderlnK
Uit nttiouiiL
I'MKrAHt
aniourit III
of iiMii
iimr •)
iTiLii frpHhtiCHH,
cniuM'nn, II
«>r. with
nwln^
will
to It* weekly iRitu«. uitti wiih a mitiMftictorv romptetonoAS iitteniptoit hv no othor iniMirution. tho
tM'Wt Khsuvs. UovIoWH. ("lit ,imin '^.-rliil jin.I mi.irt
!besof Trir
lOKrapbloa),
"om the enin
.li-

New rork snd

Rountree & Co.,
COmmiKMOM niKKCIIANTS,

Littell's Living Agr.

18S4.

S

AND

\, l''rr)'tttiin,
I'i'ol. Tiiiiliill.
Or. \\ . 11.
<'ii I'lM'iilct'. i-'riiniTB l*nwi*r
('nhl>t',
l*rft('4*«M4ir l.olilwhi
IMI, l':(l»iiril

TUB
"inancial

CB Graham
& Co.,
KKR

[ohn

>Im«

'I'lii.

i'rol.

lYlercliantH,

Investors.

Farrar

Jones,

:

i

I

It

Houriblii

Lhiin j-outlit'iil viiinr.

haa beoomo in»li»iJt!ii««ble."— AVir ynrk otMifrvrr
'*
ItH femlers are 8ui>pUo(l with ttie best liloraturo
of the fitly. • • • "Tlioro la notliinK not-worthy in
'^'
~
fUtenilure. bioffrai-hy, phllosi)Dhy, or
cannot bo founfl In ft. • • • It j^ivea
form the best thought of the a*(e."—
I'/H. S'ew rorfe.
" It bt:cumoB more and more necessary as th- fleid
ef pcrlodtct^l literature broadens."— Zum's Heratd,
It

PBAUI. STHEBT,

132

NEW VOKK.

Liberal advances made on cotton o<-.r.slgnment».
peolai attention given to orders for confracu for

'titure delivery

of cotton.

FARRAK

BVRB,

PRICK,

^k

NOKFOLK, VA.

/

CONTENT St
fetrospect or 188S.

nreaallla Fallnren.
fcnklnB and FlnanelalUnited StntoH—N'Btiouftl Bank FVnrea and
I

Curreiuy Movpiiicnto.

I

Retiinu, *o.
Market and Bank Betaroit

mmerclal—

I

'•
.No other periodical gives so dlTers^aed a view
or current literature, not by abridgments, but by
publiHliinit entire the beat essays, criticisms, dlscuBslonn, Hhort storiea. and 8erl»l romances of the
"ay • " • li Is for loaders of limited lolsuto or
purse the lottst convenient Mid availaolu mean* of
p..Tse''sinirtlioTi!ioIvc» nf the very best results of
curron'
'ptir. sci-nce. and litera-

fr.

United StBteg— Foreign Coiumeroe, Trade
Balance, U. 8. Eiiwrts and Importa of
Leading Article*.
Uinilon— Review of
year,' Bonk Ketnms, Ao.
lie noner market—
[nHuences, and Prices of Call Loans and
Conunerolal Paper since 1876.
I

Old and Silver-

onmiiiSlON
No. 123

1

tiamino Star, waminotim. If. O.
PnblUibed wekklit at »8 00 a year,

}rtt oj pcatage.

Th« Litiko Aa« and any

jfor 110 80

one of

the American 14 Monthlies (or Harper't Wtetlu
?/ ?S*'^' "'" *" "'"' '"' • ?•»• postpaid or for
»» 60 THE LiTi.No AOE and the Sk AicJiola: or

UpptncoWt MimthXy.

tc

BoatoM

CO.,

.Market and Prices In

I

I

!

<;oinpouDd Interest Table, Showing Aoouniolatlons of Money in a Series of Years.
Table Showing the Kate Per Cent Realized

on Seoiuities Purchased at different prices
(without regard to date of matnrity.)

'

,

New
States Debt and

^t«ok Speculation in

lilted

York.
.'Seearlllea—

Debt of the United States.

Debu

I kt«
and Seciirltlen—
State Debts and Immunity from Prosecution
Prioes of State Securities, 1860-1883.

and

Railroad SUtistlos of the United States
Railroad Earnings.
Prioes of Railroad Bonds, 187i>-1883.
The New York Stock Market, 1879-1883.
Prices of Railroad Stocks. 187»-1S83.

^ce

ei the Kevlew, boand In ciMh, - •'.! 00
l!Cbranlcie8ab<icriber8(onecap7 0Bl7)l 00
(when sent b7 aiall)
]o

P«e

T»

*

81 WllllaM

& Co.

COITON BROKERS,
114 PBAUt. KTREBT.

.No
ationUon given to orders for the baylM

tIpBclal

nd

selling of

Cotton fob Kctdbe U«lit«bt.

Wenman
J ames F.
lATlTON

& Co.,

BROK'.iKb,

Mo. 146 Pearl Mreet, uoar Wall,
BMabllahed

(In

TontlBS Building)

Wm.

V.

tt.

1840.

Felix Alexander,
COTTOM

bKOKEi'..

AUUDSTA, OEOROIA

&

Sawyer, Wallace

Co.,

COMMISSION MERCHANTS,
No. 47 BROADWAY.
Ubanl adTSDCSs made on cotton consignments.

Kntlre attention given to purchase or COTTOH
for 8FINNKKS and BXPOKTKKS

UKUKK

TO

CoaaaspoaDBvoa Solxoxtxo.
Keierences :—Nstiuaal Bant or Aognsta, Georgia.
Henr» Hentx * Co, Commission MeroBsoia. iTsw
York wtlliam B.Uans* Co, Propriau>nC<>HMgB
:

rvttxm^s. niraowi<n.a. andlother

<n>i

LWt>

Vnrh

llo'«iwi«.

New

Speolal attention given to orders for oontraots for
I delirerr <tf cotton In New Tork and UtstpooL

ptiBciellaucotts.

Co.,

BAGGING.

OOTTOar BROKEBS,

PBARL

STRKB-r.

NEW VORK

JNO. W. TtTLLIS

Jno.

W.

H. I,AllPI.rr.

Tullis

&

Co.,

COTTON BUYERS,

EVFAVLiA, ALABASIA.

Dennis Perkins

&

las Pearl Street,

New

Vork.

Orders for Spot Cotton sod ratnrea

F.

mVU DB

I.A

AND AOHNT.

BOCBSB,

ST. LOUIS, Mo.
Maanfactursrs' Agents for tbe sals of Jute Bagging.

IMP0RTMK8 OF

IRON COTTON TIBS.
Bullard

HATRB

&

Wheeler,

119 IHAIDBN LAIfB,

promnU

Hoffmann,

CXXTTON BBOKfiB
•S

WARREN, JONES & ORATZ,

Co.,

COrrON BROKERS,

CO.,

UeM.Naiv York

&

Geo. Cope) and

....
dc

fork.

William H, Beede

(£>tf\XavL.

186

their Securities-

ILLIAM B. DAfiA
PUBLISHERS,

Mew

(Mb

Prioes of U. S. Bonds, 1860-1883.

Iillroads

NEW YORK.

Aditrsas,

LITTRLL

Exchange—
New York, 1870-1883.
vrstmenta and .Specnlatlon—

ST.,

no

Boston JoitnuU,
' No reader who makes
himself familiar with Its
o.i,.nts can lack the ineaoa of a sound liteiary
culture."— .V«u» i'ork Triltune.
'*lt furnishes a complete compilation of a nin
dispensable literature. '—fViicuoo i'lmlnB Jon^naJ" Kemarkably cheap for the qiialltvand aiiount
of reading furnished."— Montrsol OatetU.
" It la bv odds the best periodical In the world."-

relcn

>

MERCHANTS,

PEARL

Cotton executed In
Vork sad Liverpool; also tor Omln and Pn>>

'iaw

i

Production. Exiwrta and Imports of Gold
andSllTpr In the United States and abroad.

Bloss,

for future delivery of

i.>rders

rtiioos In

Pitfolmro.

tt la possible to be as
literature us by the peruOK list ol Juuiitblios.'— Phll'l £iwuirer.
Whatever tnoro is of interest In the literary
and BOiontlUc world Is spreiiU before Its readers."—

well til"
sal of 11

(

•

'

ture,

/}}'''

New York (Mty— Bank
London— Money

Gwathmey &

Bngton.

NHW

TORK.

RAOOINO AND IRON

TIES,

(FOB BAIJNO COTTONJ
Agents for the following brands of Jots

-|SaglsMllls/'"Brooklyn t,'ily,""(lsorgi«,""(

;Nsvtns

oJ^Unlon

Stir.^

"tiVlem."™

lorlcl

Mbls" sod "Dover Mills."
UlPORTIBItS or IKON TI

;

,

THE CHKONICLE.
®Ott0tt.

&

Woodward

IMakch

©crttoti.

G.

btillman,

&

Bnlldiug, 16

18 Exchange Place

>MAN,SWANN&Co

NEW YOKK.
1.0AN8

MADE ON ACCEPTABLE

SECUKITIE8.

SpaciAL Attintion to obdkbb fob Contkacts
FOB FDTUB! DILIVKBT OF COTTON

OOTTON, ALL GRADES, SUITABLE TO
OF SPINNERS,
OFFSBBD ON TERMS TO SCIT.

WALKSB
Neiv York.

.

8TBB"''.

41

i-

New

Gwynn,

Place,

new vork
CHARLSS MATHOFF

ALFBBD VON GUNDKLL.

Co.,

COTTON

TORK, LIVERPOOL AND NEW OB
LEANS COTTON EXCHANGES. Also orders fDr

at the

NEW

Co.,

m

FBOTISIONS AND COTTONll
No. 89 BROAD STREET,
'fl

CIRAIN,

Jfewr

COFFEE

James

Flnlajr

& Co., Liverpool, London

&

Co.,

Co.,

Insurance Company
OF

NEW YORK.

OFFICE 119 BROADWAY.
CASH CAPITAL
t'.i

COTTON COMMISSION MERCHANT^
No. 10 Old SUp, New York.
Jemison, Groce &

KENT 4 CO.,

ST. LOUIS.

HOME

and

_

Messrs. Smith, Edwards & Co.. Cotton Broken
Liverpool.
Messrs. Flnlay, Mulr & Co., Calcutta and Bembaj.
Messrs. Samnel H. Buck & Co.. New Orleans.

E. S. Jemison

E. A.

%nBiaxmxct.

COBKBSPONBINTS
Glasgow.

York.

POOLK, KENT & CO.,
CHICAGO.

NBW YORK COFFEE EXCHANGE.

at the

AND

COMMISSION MBRCHANT.BxchanB*

&

MERCHANTS,

BANKERS

AND

Sc \ti

A. Kent &

8 Sontb William St., New York.
EXECUTE ORDERS FOR FUTURE DELITBB'*

COTTON FACTORS

1«

sigmuents.

Tork.

Henry Hentz

Messrs.

Orders executed at the Cotton Exchanges In fto*
York and Liverpool and advances made on CoCtoD
and other produce consigned to us, or to our eon*
spondents In Liverpool, Messrs. B. NewBSSs A Cc
and Messrs. L. Rosenheim 8t Sons.

Post BuiLDDfa,

Special attention paid to tlie execution of ofifor tile purchase or sale of contracts for future
livery of cotton. Liberal udTances made on

COMMISSION

oonniissiON riercbants.
No. 40 EXCHANGE PLACE,
MSitSEBS OF THE OOTTON, OOFFJEB AUD
PRODVOE EXOHANGFS.

6c

SCHROEDER,

OOmmiSSION mUERCH^NTS

LEHMAN BRO'S,
Cotton ANDFactor

Fielding

WARE &

E.

Mootgomarr. Ala.

UP-TOWK OFFICS, NOS. 89 &

Co.,

COTTON COMMISSION MERCHANTS
POST Bril^DING,
16 & 18 Exchange Place, New York

WANTS

LKHHAN, DUBB A Ol>

New Orleani, La.

MERCHANTS,

COTTON

Oaih AAvancea Made on OoniignmenU.

LUHHAN, ABBABAH & CO.,

&

Schroeder

SUCCESSORS TO

MERCHANTS,
i'08t

15, 1884,

Reserve for Unearned Premiums
Reserve for Unpaid Losses and Claims.
Net Surplus
Cash Assets, Jan.

1,

1884

"-',3

S
K*

»7,

:

:

CHAS. J. mARTIN, Presldeiii
3. H. WASHBURN, Secretarj

Galreston, Texa-

vETNa"

aaaiATVB C. Hopkzhb. Lnoius Hopeots Smith.
CHABUIS D. MIIJ.CB.

von Gundell & Mayhoff, Hopkins, Dwight & Co., Insurance Company
COTTON BROKERS,
OF HARTFORD.
COTTON
Nob. 2*4 STONE STREET, NEW YORK.
Asseta January
1884
$9,192,843
COMMISSION MERCHANT.S LiabUltlea
for unpaid losses
and re-lnsuranoe fund
1,923,185
No. 184 PEARL STREET,
VON GIJNDEEE & MAYHOFF,
4,000,000
Capital

80

1,

95
00

NEW YORK.

COTTON BUYERS,

MEMPHIS, TENN.

OBDJBtf FOB FUT0BB CONTBAOTS BXflOUTMD IM
NBW TOBK AMD LrVBBPOOL.

WM.MOHB. H. W. HANBHANN. CLIHBNSFll

Mohr, Hanemann

& Co.,

B. F.

PEARL

New
Bpkoiai.

OF

ST.,

186 GRATIERST.,

New

York.

No. 116

CHESTNUT 8TKKET,

PHILADELPHIA.

L,ONDOI«

Robert Tannahill^ Co.,

141

PEARL

CO

NEW YORK.
T'TQIV'.

WALTER & KROHN,
COTTON BROKERS,
<S

BEATER STREET,

NEVfr

NEW YORK.

N». 61 Stone Street,

CHAS.

E.

apeelal attention given to the pnrohase and sale of

YORK

&

Co.,
H. Tileston
COTTON, STOCKS, BONDS, dee.,

86 WXLLLAM STREET, NEW YORK.
O d«niB''rntana''«zeont«d at N.T.Cotton Buh

AND EDINBURGH.

Offlee,

&
COTTON

WHITE, SAM. P. BlAeDE>

MANAQEBS
64 W^lUlam St., New

i

'

ITwk.

Wakefield,

Tuttle

ST.,

AdTanoea ma4e on ConslfoimentB of Cotton. Con*
traeta for Future Delivery of Cotton iwught and
sold on commiflalon.

Cn

Ins.

iVjS'W YOSK:
Solon Humpheets. ChVn, (E. D. Morgani'
David Dows, Esq. (David Dows & Co.)
E. P. Fabbri, Esq. Drexel, Morgan & Co.)
Hon. 8. B. Chittenden
Ezra White, Esq.
J J. ASTOB, Esq.

Future Contracts.

Henry M. TaberSc Co.,

\^

United States Board of Managemc

CLAGHORN HERRING * CO,

COTTON COMMISSION MERCHANTS,

Yorl

Asent.

OB

Cotton Commission Merekants,

SU00BS80B8 TO

New

So

British

Mercantile

CO.,

Attbntion Given to thb Exeodtiob

Edward H. Coates& Co.

&

St.,

ALEXANDER,

North

LIVERPOOL,

BABCOCK BROTHERS A
60 WALL STBBBT.

Orleans, La.

ORDERS FOB FUTURE CONTRACTS.

.JAS. A.

BABCOCK&CO.

Receive consignments of Cotton and other Prodnoe,
and execute orders at the Exchanges In Liverpool.
Represented in New York at the oflice of

93,iaB,iS1

No. 2 Cortlandt

COMMISSION MERCHANTS,
IT W^ater Street,

ISS

NET SURPLUS

And General Commission Merchants,
St., Newr York.
advances made on cotton consignments.
Special attention given to orders for oontrsots for

84 Beaver

{commercial

Lltieral

future delivery of cotton.

Waldron

&

Tainter,

COTTON MERCHANTS,
PEARL TREET.
JOHN U. CEISBY &,
9T

LJnion Ins, \jO\
(OF LONDON.)

ALFRED
CO.,

COTTON BUYERS,
MONTGOMERY, ALA.
PVBOHABB ONLY OX OBDBBa FOB A OOIOaBUOH

PELL,

Resident Managtf-

37 6* 39 Wall

Street