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xtmth
^^' HUNT'S MERCHANTS' MAGAZINE,
BBPRESENTINQ THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL.
SATURDAY. MARCH
60.
15,
NO.
1890.
1,290.
March 1. This latter gain is contributed by the Western cities, Chicago furnishing the greater part of it. The
favorable character of the present exhibit becomes apparent
when comparison is made with the corresponding period of
Terms of Subscription Payable In Adrance:
The increase in the aggregate reaches 7-7 per cent,
last year.
$10 20
For Ono Year (Inoludine postage)
do.
6 10
For Stx Montlis
and outside of New York it is 11-7 per cent. Of the forty,
11 50
European Subscription (fnohidlne postage)
6 75
European Subscription Six Months (including postage).
nine cities furnishing comparative returns, only nine record
Annual Subsci-lptfon In London (including postage)
£2 Ss.
any losses, and, aside from the decrease of 25"6 per cent at
do.
do.
do.
SI 98.
Six Mos.
These prices include the Investors' 8cppi.e.mest, of 150 pages, Richmond, they are as a rule unimportant. The heaviest
Issued once in two months, and furnished without extra charge to
gains are at Fort Worth, 163'2 per cent ; Dallas, lo0-2 Tacoma,
subscribers of the Chronicle.
A file cover is furnished at 50 cents: postage on the same is 18 104-6 Sioux City, 76-3 Washington, 55-6; Cleveland, 44; Decents. Volumes bound for subscribers at $1 00.
and Baltimore, 83'9 per cent.
troit, 41
Sub.scriptions will bo continued until deBnltely ordered stopped. The
publishers cannot be responsible for remittances unless made by drafts
3?lxie
that for
Clxrxruklje.
—
;
;
;
;
or Post Office money orders.
Advertisements ordered for less than one month, in the Commercial
at 25 cents per line each inserfor one mouth or longer, a liberal discount is allowed, and the net prices may be obtained ou application at the office. The lowest rates on permanent cards rteflnitely ordered for one year are 8 cents per lino each insertion, making .$58 for
one inch space one year, Space is measured in agate tyi)e— 14 lines to
London Asents
wTTTTiw n nivi
mHN G. Fiovn
JOHN r FLOID.
10*
1
^
WllUam
p^,^,,
Street,
Co., Piibllsbcra,
NEW YORK.
OFFICE BOX 958
bushels)
{Orain
iPttroUum
bbls.)
The following table, made up by telegraph, etc. (as fully
explained on this page in our issue of October 26 and previous
numbers), indicates that the total bank clearings of all the
clearing housej of the United States for the week ending today, March 15, liave been 31.112,833,643, against 5l,134,64o,.530
last week and §1,083,991,933 the corresponding week last
,
(l,063,it8->)
.254.300)
(-20-S)
H-72-3,
(87,3l<i,6C0i
(-I-15-8)
(12,436,000)
(-62
7)
(4,662,000)
(-70^7)
87.058.082
-168
7
-r31 3
4-18 8
63.03 l.S«5
6,441,7(0
1.661.280
1.266.526
1.185,266
12-7
l,'.i4».916
8
1,165.5.'5
-0-8
5<6.13)
—20-7
-t6-2
861,6>!e
-I-10-8
6-5
106,255,333
+1-1
73,348,R4rt
-H7-8
5,847,602
14.686,074
1,876,238
700,503
+31-0
-16-S
England..
1.07lt,7(/7
656,832
1,US»,468
f42.791
Ending Mar^h
1890.
New York
1889.
Kew Orleans
*673,479,590
78,524,251
57,611,169
12,521,794
56,527.000
18,216,423
9,SS7,764
Seven cities, 5 days
Other cities, 6 days
«805,12 .027
113,201,200
$778,583,607
-t-3-6
98,61 l,40a
-)-14-8
Total all cities, 6 days..
All cities, 1 day
$918,622,227
194,211,416
$877,200,016
135,761,917
-^4•7
-f4-5
$1,062,991,933
+i^
Boston
PhUadelphla
Baltimore
Chicago
St. Louis
Total
all cities for
full details
week...
$1,112,833,613
of clearings for the
$561,782,611
69,678,673
54,300,075
1.1,295,416
-1-21-6
53,209,000
15,773,271
10,536,961
I
-H27
+ 15-5
-(-1-4
-)-6-l
-f6-2
-9-4
76,900,155
66,446,994
11,841,5»0
Bjilttiuore
l.'i,6«5,77«
l,B01,llil
ll,?18,v;24
828,916
709.316
715,147
671,841
-HO"
-t-5-1
923.619
6.147,218
14,»30,<e<l
Washington
Wilmington, Del.
Syracuse
six
and three-quarter millions
in excess of
7
)
+SS8
-1-55
6
Total Middle
(-T1).
-0-6
-fl7-3
-fe-5
-i-14-4
-1-8-S
•f24-7
4-4e-i
-t-28*«
T15-8.
H-0
4
110,062,744
62,456,022
fl9-7
112,297,782
73,073.962
lli,»SK,3C0
66,238.249
11,366.800
5.127.806
4.262.184
4-103
4-126
1
63.717.336
12.403,600
6.18H.706
+i2-a
Cincinnati
-(-308
6..T01.S76
144-0
+27 7
-fas 5
-I-28-4
-(•88-4
Milwaukee
4,U«3,6U4
...
5,352,'266
4,7^6,771
-3
721,531
1.836,288
1,476,210
088,72i
-<-10-3
-1-22-6
4,53u,768
2.380.900
2.076,b6S
1.562,771
6S2,6S0
100,032,128
66,076,46-5
-1-12-8
102,811,383
8,064.9.10
2,ii61,377
1,681.871
,
Grand Rapids.
Total Middle Western
3.823.>-«5
8,4«S,8;iO
San PranclBCO..
1^8 Angeles ...
15,697,660
r55,!il6
—151
...:..
366,216
-HU4-6
Tacoma.
15,507,424
667,H13
681,793
1,593,731
Portland*
16,619,380
St.
-0-4
-hll-»
— 16-«
-e-8
H-89-5
-HO-2
Topeka
4,10H,73<
-t-lSi'l
4.26t,8)>3
—15 6
8.642,014
4,060.449
fl7-5
+-410
1,9;>3.521
l.t"21.611
7ii0,121
51U,4:<4
-I-7-1
f7a-3
625,697
52»,342
419,257
-110
9.304J261
8,434.106
4.160.20H
3,671,408
4.632.825
1,406,316
1,638,793
681.168
868.2*6
431.628
450.000
328,781
85,681,712
,
Joseph....
Wichita
Sioux City....
Des Moines..
Lincoln
*
f4-9
-fl8-3
-hi-O
-18-7
+n-9
tuw, 597
564.
,83S
S73,,270
Paul
Denver
Duluth
8.7*18.004
4,676,,511
5,768,,740
2,068.,82U
l,7o8,,653
741,,772
615. 741
City.,
Omaha
St.
-s-s
16,88^8S0
17,219,065
8,801 .201
4,604 ,204
3.681 ,546
Total Paoiao..
Kansaa
-i-17
845.763
Seattle*
31,468,626
•i-18-8
81,228,741
+5-2
-f3-0
-f30-0
-I-
71
•
20,647,027
12,2Se,9«1
6,i6Z.S56
2,678,661
1.614.418
8,838,773
1,056,181
1,017.664
616.592
23.229.7S3
10,631,616
8,768.100
3,640,'; 22
1,77S;,411
1,462,846
1,666.118
1,064,247
782.768
544.715
1,863.283
929,727
636,882
,
is
-1-15
-H80
Chicago
above statement will be given next Saturday. We cannot, of
Total other Western.
course, furnish them to-day, bank clearings being made up by St. Lonl3
New Orleans
the various clearing houses at noon on Saturday, and hence in Louisville
the above the last twenty-four hours of the week have to be Memphis....
Richmond
in all cases estimated, as we go to press Friday night. Below GaireatOQ
Dallas
are pur usual detailed figures for the previous week, that is Port Worth
Norfolk
covering the returns for the period ending with Saturday LexlDKton
Nashville*
Birmingham*
noon March 8, with the comparative totals in 1889.
Chattanooga*
The aggregate for all the clearing houses records a decline
Total Southern...
from the previous.week of fifty-six millions of dollars, a result
Total
due entirely to the falling oflf at New York, for the total out- Qr,*tMn all
Vow V^'-V
side of this city
l,oa6.'.;a6
-I
7,826,933
Buffalo'
Minneapolis..
week covered by the
-t-12
Philadelphia
Pittsburg
Peoria
Per Cent.
-I-
93,711,329
Iridluuapolla...
15.
853,306
-1-13
105,172,122
Columbus
jree\
(-H6
•t6-»
2,064.152
1,108.77s
1,0';8.133
Detroit
Cleahings.
Bttums by TeUorapK
4,4*.2
l.)ial!,8H'
l,l,2,lb»
(«7.564
3s&,687
Cleveland
year.
The
763,681,164
1)
l-f5-3;
4,>-77,800
2.S4B.<i26
1,344,42
lUrtford
New Haven....
HprlnKQeld
Worcester
Portland
Lowell
New Bedford.
New
4
(1,1.13.939)
(S21,7(iO)
(33,10(i,J0U)
92.047.35«
iCotton
870,180,^57
(1,336.681
(33r,600)
155,2.0,;12)
(4,630,000)
sliaret.)
bides.)
ItftoefM
Total
CLEARING HOUSE RETURNS.
+5
P.CenU.
'08,403,881
i'rovidence...
DANA &
W^H-I-IAITI B.
P. Cmt,
1886.
New York
Salea of—
Boston
Messrs. Edwards & Smith, 1 Drapers' Gardens, E. C, will talce sub
Bcriptious and advertisements and supply single copies of the paper at
(
Wee': End'j Mar. 1
3.
Adrertlslns:.
* Financial Chronicle, are published
tion. When orders are definitely given
the inch.
Ending March
Iftek
Terms of
•i-IS^
-11-4
-H8-3
-8-B
—4-1
+»r9
6U1,U7
l,190..'i4-.'.-251
428 24'.e<M
-4-7
-9-1
620.aij6
1.134,«46.^:!0 1.053.549.970:
I
+»»
46-S
-h98-S
-t-85-9
-W8
82,161,088
j.'vutiuciiiaua tu totals.
4-28-8
-28-S
«,002,»63
866,622
46,801.453
51,923,803
-t-S-l
48-4
+11-9
~3>'3.366..'1I
t
|
"it 1581.0871
-t-8-4
THE CHRONICLBL
368
[Vol. L.
But on the other hand the
demand for gold from London is apparently much
the current six months.
THE FINANCIAL SITUATION.
export
There has been no essential change in the money less than it was a year ago, so that for the time being
market the past week. Although last Saturday's bank the Bank reserve appears not only to be strong but to
return showed a surplus reserve of only $311,350, leav- afford assurance of being able to meet any prospective
ing a large number of the Clearing House institutions requirement. This week the Bank of England has
short of the requirement, this condition has apparently reported a net gain of
had no
whatever on rates for call money, and but
little effect upon any of the other departments of the
market. No doubt this unperturbed state is in good
part due to a general belief which prevails, that after
the first of the month the situation will be wholly
changed, and that the strain therefore is but temporary.
Bond purchases, interest payments, and a return of
effect
money from the
interior are the
anticipated sources of
During the current week the Treasury has let out
currency in excess of its receipts instead of making
new accumulations, as it had been doing previously
and if the bond offerings continue as free as they have
relief.
been during the last ten days, the reserves of
our Clearing House institutions will rapidly recover
themselves.
In the meantime the banks appear to be
putting out on call the money they receive instead of
employing it on time or in purchasing commercial
paper, while brokers are freely lending their balances,
and thus making use of such funds as they have unemployed, a good portion of which they borrowed some
weeks ago in anticipation of an active market toward
the middle of this month.
Call loans at the Stock Exchange have been made at
3 and h^ per cent as the extremes, averaging 4^ per
per cent. Renewals continue at 5 per cent, and this is
the minimum rate at the banks and trust companies.
For time loans the demand is good, particularly for
short dates, but the principal supply of money seems
to come from foreign bankers, very little being offered
by domestic institutions. Rates are 5@5^ per cent for
sixty to ninety days and 5i@6 per cent for four, five
and six months, all on strictly first-class collateral. The
mercantile situation is a little disturbed and unhealthy,
without being at all disquieting. As is well known,
collections have been for some time .poor, and there is
now
scarcely any
demand
commercial paper, while
demand there is comes
from a few scattered localities in the Eastern States.
There are consequently a good many failures, generally small in character, but some involve large amounts.
Quotations for commercial paper are only nominal,
being 5^ per cent for sixty to ninety-day endorsed bills
receivable, 6 per cent for four months' acceptances and
6|@7i per cent for good single names having from four
the supply
to six
is
abundant^
months
for
all
the
to run.
The tendency
of money in London is still downThere has been another reduction in the Bank
of England's minimum rate of discount.
It was only
last week that the rate was reduced from 5 per cent to
4| per cent, the decline from 6 to 5 per cent being
made on February 20th ; this Thursday the minimum was reduced to 4 per cent. These successive
alterations in the official quotation have been fully
justified by the condition of the Bank, while the state
of
the outside market has seemed to leave no
wards.
other
course open.
The
bullion
in
the
Bank
of
A
£172,000.
cable
special
no export
whatever, and that the gain has come from an import
of £151,000, principally "bought," but in part from
Brazil and also from receipts from the interior of £21,000.
The cable reports to-day sixty to ninety day bank bills
in London at 2f@2|- per cent.
The open market rate
at Paris is 2^ per cent, while at Berlin and Frankfort it
us
to
that
states
there
been
has
3f per cent. The higher rate at Berlin is said to be
due to the unsettled condition of the Bourse, being
influenced by a report that a large military credit
would be demanded from the Reichstag, and also by a
rumor of the embarrassment of some large financial
is
houses.
Our
foreign exchange market has again been unsetand lower, though at the end of the week it has
grown firmer at the decline. In the absence of any
other good or apparent explanation, the movement the
early part of this week has been attributed to the marketing of maturing bills. It is claimed that the rise'
last week
was engineered mainly for the purpose
of making a market upon which these bills could
But aside from that explanation there
be sold.
have been some offerings of drafts against securities bought for European account, and some drawings to provide for the payment of instalments
upon industrial enterprises in which British capital has
been placed. On Monday all the drawers except the
Bank of British North America posted 4 83 for long
and 4 86| for short on Tuesday there was a reduction
by Brown Bros. & Co. to 4 82^ for long and 4 86^ for
short, and on Thursday, influenced by the reduction in
the Bank of England minimum, all the bankers lowered
their rates to 4 82^ for sixty days and 4 85^ for sight.
We have this week the preliminary trade figures of
breadstuffs, cotton, provisions, &c., for February, which
continue to afford the same favorable comparison with
The returns
last year that other months have indicated.
are made up by Mr. Sidney G. Brock, chief of the
Bureau, and we arrange them in our usual form.
tled
;
EXPOBTB OF BKEADST0PF9, PH0VI8IOSS, OOTTOS AND PETROLEUM.
S.
February.
1887-88.
1888 89.
1889-90.
Exports
from a.
February.
8 Afonths.
8 Months.
February.
'
8 Months.
Quantities.
33,705,970
4,838,320
666,778
6,227,466
996,340
8,273,757
4,686,130
61,729,567
9,321,850
90,026,103
65,442,078
7,570,88-i
.38,708,983
2,254,582
22,804,636 127,818,151
12,166,514
i,800460
37,071,445
Flour. ..bblB.
l,018,iei
7,846,473
Wheat.. bu.
Com... bush.
9,883,524
72.37«,078
13,421,111
Tot. bush..
Values.
flour
$
~
i
$
I
4,785,796
8,716,941
83,162,264
1,369,672
12,037
9,166,382
24,256
362,045
16,528
796,811
46,711
199,776
172,697
8,293,765
82,108,465
10,160,889
92,714,324
9,258,666
73,408,606
7,704,416
67,063,329
67,632,421
Corn & mea£
6,626.728
24,157,867
639,774
3,476,954
1,911,201
606,816
48,915
31,365
94,847.578
12,818,645 104,598,466
21,439,137 209.509,417
BrMstuffs..
Provisions *
Cotton
Petrol'm,&c
Tot. Talus
•
46,437
487,138
80,084
14,639,608
t
1,974,087
8,669,271
Bye
16,448,700
106,473,803
19,917,003
68,619
Wh't t
Oats & meal.
Barley
62,793,197
1,585,629
Wheat.bush.
736
36,435,086
21,807,152 179,642,868
3,509,479 33,441,979
18,428,384 175,048,383
62,036,613 444,830,543
42.868.962 368,599,418
39,955,077 366,280,165
3,139,123
Including cattle and hogs In
all
months and
3,683,388
31,454,129
years.
Comparing the foregoing with February 1889, the
England is now £23,756,464 against £22,161,153 increase in the aggregate of all the items is $9,167,551,
the same time last year.
To be sure, last year breadstuffs furnishing a gain of 6^ millions, provisions
the United States was shipping gold, whereas now the over 3^ millions, and cotton and petroleum each a small
condition of our foreign trade balance
is
so unlike it then
loss.
was that the outlook does not give promise of gold leavThe most conspicuous event of the week
ing us for Europe in any considerable amount during chase by the Chicago Burlington & Quincy
is
the pur-
of the
Bur-
Mabch
Our readers do not need to be
event leads to the suppression of the
told that if this
rate-cutting proclivities of the little guerrilla of the
lington
& Northern.
Northwest,
369
l^HE CliROlSiCLE.
15, 1880.J
it will
prove to be a most important trans-
action, having a very tranquilizing effect
The
on the
rail-
* The division (Jiotwoen «oM ami sllvBr) nlveu In our table of coin and
bnlllun In ilio B.^nk of (iennany Bn>l the B.iiik of Bul^^lum ta main from
the 1)e8t est t mat we aro able Ut obtain; la noithnr oas» Ifl It (!laimeU to
bo aceuratu, as tlio.to 1>ank.'4 in:ik» tin ili.ftluotlo'i in tlioir vnttkly reptrta
merely ri!iinrtin>;tlie total i(iii<l and silver, but we buliove tUe division
we make in a close approximation.
Note.— We recr-l ve the foreKoinif rosalts weekly by oaMe, and while not
all of the date Klveu at the liead of the column, they are the relorni
luaed oeareot to that date— that U. the latent reported ttKUree.
)
regarded the pur-
The Assay Office paid 1290,144 through the SubTreasury for domestic bullion during the week, and the
a settlement of all rate troubles in the West and the Assistant Treasurer received the following from the
Railway Asso- Gastom House.
Inter-State
reorganization of the
promise
with
the
basis,
firm
a
on
ciation
OontUtlnt of—
continuance than ever before. This
Dulie:
Dale.
of more effective
Oold
SUvtr OerU.S.
eoia.
U/Uatf.
irou$.
Otrlifle't.
hopeful feeling was encouraged by the change made the
road situation.
Street at
chase in this light, interpreting
first
it
as certain to lead
to
1
i
previous day in the directory of Louisville New Albany
& Chicago, which it was claimed would ensure more
harmonious
relations with the Pennsylvania
and with the
Louisville & Nashville, and make the rate situation in
Furtherthat section also less liable to disturbance.
more some reports gave currency to the statement that
••
»7,600|
16,400,
45
05
32
1,310
465
10,100
10,550
$3,343,450 54
$3,635
$91,650
(385,195
45J,536
716,396
888,893
411,306
160,122
H.
••
12.
" 13.
Total.
90
9240
640
435
545
Mar, 7.
"
8.
" 10-
13
69
29,700;
18,800,
46,700'
$6,400
8,050
7,100
7,950
4,600
5,000
$372,990'
$39,100
t37,860
81,640
01.000
108,590
36,200
Included in the above totals were <sl,627 in silver
the purchase of the Burlington & Northern was made
well as the Chi- coin, chiefly standard dollars, and $2,844,365 93 in
in the interest of other corporations as
checks drawn against gold deposited in the Subcago Burlington & Quincy, and that it presaged a genTreasury. ,
differences.
all
eral settlement of
How
far these views will be realized
it
impossible
is
Of course a mere legal transfer
the Burlington & Quincy would be
to say at this writing.
of the Northern to
a very slight change in the relations of the two roads,
and might occur without effecting any important im-
LEGISLATING FOR A LOWER RATE OF
INTEREST.
The
capital,
large
and
the people are in need of
not surprising that they want to secure
All our
at the smallest possible cost.
majority of
it is
provement in the rate situation. But we are inclined
to think that both of the movements referred to mean
more than they carry on their face. There is a necessity for harmony growing out of the relations of the
railroads to the State and National Commissions, which
the use of
who have before them the disastrous effects in
1888-9 of what would be the result of a general rate
war now there is besides an urgent reason for harmony
in the large business offering the roads, and the chance
cussion has but a secondary concern for them, since
it
under the same necessity. Consequently
sympathy in the matter of interest laws is
Indeed the money lenders
wholly with the borrower.
as a distinct class make a very small group in any comis becoming quite imperative ; there is also a strong de- munity, and could be out- voted a hundred to one
sire for harmony among the leading managers of rail- furthermore, the settlement of the question under disroads,
;
industries exist
public
old contracts cannot
and the making
under the Constitution be disturbed,
new ones is optional, while floating
when and where it will.
This suggestion is important because so many misap-
capital
is
of
free to go
opens of placing their respective properties in a
For these and other reasons, prehend, or at least misstate, the character and surroundstrong financial position.
we are inclined to take the more hopeful view, and to ings of the parties to the present discussion. It is by
believe that those who are largely interested in the rail- no means a question upon which capitalists are ranged
it
road property of the country are directing these movements, and that in the end they will bring our carrying
industry into more harmonious conditions than have for
a long time prevailed.
on one side and those who are not capitalists on the
That, or something like that, might be urged
other.
with a degree of plausibility if it were fixed capital
that was involved.
As the case stands the differThe following statement, made up from returns col- ence which exists is merely a difference of opinion
lected by us, shows the week's receipts and shipments among borrowers themselves as to the wiser course for
which all
attaining the end,— a low price for money,
of currency and gold by the New York banks.
On the other hand, we do not
alike desire and need.
Rectivtd hy
Shipped by
Net Interior
tr«k mMn^ March 14, 1890.
believe that any considerable portion of those who are
—
N. T. Banka
Cwrency..
Gold
11,158,000
iV.
r. Bankt.
18.210.000
450,000
Total KOld and lesal tenders.
.
»1, 158 .000
.
With the Sub-Treasury
Week ending March
14, 1890.
t2.6ao.ooo
Movement.
T,osg.tl. 058.000
450.000
Loss.
Loss. 11.503.000
operations the result
I«to SatOt*.
is.
Out of Bankt. Net Change in
Bank Holdings
Banks Interior Movement, as above
Bnb-Treasury operations
Total gold and legal tenders..
tl.159,000
14,700,000
H8,S58,0C0
18,660,000
Loss, ti.ooa.ooo
18.750,000
Gain.
1,950.000
tl6.410.000
Gain.
t448.000
Bullion holdings of European banks.
March
Banks
Sold.
£
BDKland
fiance
German;*....
An8t.-Hung'j
Netherlands..
Nat.RelKlam*
Tot.ttals
March
13, 1890.
14, 1889.
0/
week
Silver.
£
TotaU
Sold.
a
£
23.756,464
83,756.444
50,012.000 50.010,000 100.022.000
88.044,1567 14,022.333 42,067.000
5.440.000 18.231.000 81,671,000
4,756.000 5.700.000 10,458.000
8,853,000
1,428,000
4.279,000
auver.
total.
£
advocating a lower legal rate of interest are seeking to
get out of debt at the expense of their neighbors. They
could not do it even if they would, and we are of the
opinion that, in this State at
least,
no large number of
people desire to be relieved from obligations by confis-
For if we lived on
no higher level than that of policy, we have had experiThe
ence enough to learn that honesty pays best.
common aim then of all who take part in this discussion we may assume to be, to bring down the ruling
rate of interest, believing that the European average in
this particular would be a boon to the army of plodders
and speed the development of this new country's in-
cation either directly or indirectly.
28.161,153
88,161.153
40,314.000 49,149,000
89.463.000
dustries.
31.318.667 15.659.333
6,691,000 15,667.000
6,101.000 7.155.000
46,978.000
81,24S,000
merely a difference of method, not
aim, nor of morals, which divides sincere
a difference of
Furthercontestants on this question of interest laws.
8,773.000
1.386.000
12.856.000
4,159.000
114,8^8.131 87,389.833 202,851,484 107.358.820 88.906.333 196.285.153
J'ot.prev.w'k. 1 14,629.787 87.872.060 2112.002.463 106,088.404 88.863.667 195,852.071
It is consequently
more,
if
we mistake
not, there are certain grounds
and
THE CHRONICLE.
370
common
opinions
among
these
is
Foremost
to the opposing parties.
the fact, which
would be taken. It scarcely needs to be said that even
best of farm property or thinly-settled country
estate is much less easily convertible than improved
city real estate.
This we all know. And we know,
we presume every one the
we have competing for real
more capital
employment the lower will be the ruling
accepts, that the
[Vol. L.
this exemplified constantly in our
rates.
We see
New York money
too, that this condition of
comparative inconvertibility
means higher rates for loans hence, restricting by law
over one another in their scramble to get commercial the power to receive the higher rate bars out the capital.
paper or to secure profitable time contracts representa- In the light of such truths, mere household words,
tives from Boston, Chicago and London each in ought not the title of the proposed law be changed so
Competition as to read as its enforcement will result "An Act to
his eagerness underbidding the others.
among sellers of capital thus becomes the leading regu- "prevent farmers from borrowing on their property
lator of prices, controlling money much in the same " and for depressing the price of their real estate."
Some weeks
market.
lenders seem fairly to tumble
;
—
—
way
as
it
controls commodities.
This, too,
is
a situation
We
have dwelt on this phase of the subject because
by no means confined to New York. Each large city it covers the only argument or excuse that has been
has had similar experience, and so has every smaller urged for this change in the statute which is threatened.
and country town, differing only in degree. Yet, after all, it is only one of the least of the objecHence, all alike welcome and seek the multiplication of tions which might be raised. We say least, for if the
banks, and every description of loaning company or evil caused were confined to the farming districts, it
On the
financial agent, well knowing that, other things being would be extremely limited in its influence.
unchanged, their increase ensures easier money and contrary, the measure will prove to be, if passed, a
power affecting more or less unfavorably the whole
encourages enterprise.
We need not trace the action
If, then, an increase of capital brings in competition State and its industries.
and consequently lowers rates, we obviously want to of the law in these particulars, for much that we might
already said; and
legislate and must legislate so as to encourage its accu- say follows from what we have
besides others have gone over that ground.
mulation.
We must make home capital safe and
There is one important suggestion which, so far as
staying at home profitable, instead
inits
of
ducing it
to
go
away from home in order we have seen, has not been broached. It has reference
and we must let outside to the supply of money in New York at a period of
that it may do better
The high rates on such an occasion start
capital earn not only as much as it can earn elsewhere, stringency.
but as much more as will prompt it to leave its present idle funds towards this city from every direction. But
employment and invest in our bonds or mortgages or there is a class of money the movement of which the
notes. This is obvious to the unlearned in finance as well call department of the market cannot influence; it will
as to the learned. No township committee in any town, only come if it is sure of employment on time at satisfachad it the power, would for a moment think of passing an tory figures within the limit the usury law makes. We
chiefly to
foreign
money, though there^
ordinance reducing the rate of interest within its limits refer
too,
which falls within these
is
other money,
one per cent or even one-half of one per cent below
city
;
the rate ruling in an adjoining town
;
it
would know conditions.
Our
readers
know how
often
Europe
that the effect of such an act must be not only to bar has proved in an emergency an important source
out the loanable funds of that adjoining township, but of relief the higher the rates are, the more import-
—
the transfer of a good portion of its own floating capi- ant its supply, capital flowing here freely then,
tal.
On the other hand, if such a community wanted attracted by the tempting return. Evidently six per
to attract money from outside sources into a bank or cent will draw with more force than five per cent, and
A free market would be
would give this center a hold on
where.
This is a principle about which there can be no European capital which would go far toward circumtwo opinions, for it is familiar to every one, accepted scribing the harmful influence of panics.
by every one, and acted, upon every day.
No one can measure the effect even in this single
But though these propositions are so very simple, do particular of the change which is proposed in the legal
they not involve, as far as the farming country districts rate. Yet that is only one among the many mischievous
any of
its
enterprises,
it
larger return than the
would not hesitate to
offer a
money was then securing
else-
of the State are concerned, about all there
is to the
question of lowering the legal rate of interest.
Money
loaned on bond and mortgage gets in New York about
5 per cent.
Considerable amounts have been put out
at 4 per cent, but the property is in all cases improved
and quickly convertible.
Some of our larger loaning
companies have nothing even on city property below 5
In the suburbs of New York, that or higher
is the ruling figure.
Admitting then sncb to be the
surroundings here, let the farmer consider how much
per cent.
money
his 5 per cent bid to a savings'
bank or any
would be likely to draw for himself and his neighbors.
Or suppose a law should be
passed attempting to cut down the rate payable on
mortgages now outstanding. Of course such a law
would not affect any but overdue contracts ; but how
many of the farm loans now overdue would be left
standing with the rate reduced by statute to 5 per
cent ?
The case is a very simple one and leaves
no room for uncertainty as to the action which
capitalist in this city
five
per cent than four.
still
better, for
it
changes that the contemptated alteration in the statute
would be sure to produce.
INCOME ACCOUNT OF
We
ST.
PAUL
£•
OMAHA
an account of the operIn
ations of this company for the late calendar year.
the ordinary course, the company's annual report for
The fig
that period is not due for several weeks yet.
ures now given by us will be found to foreshadow pretty
accurately the character of that report and the results
The company does not publish
to be disclosed by it.
monthly statements of its net earnings (though it does
furnish returns of the gross), and hence nothing has
been known as to the course of its net income during
are able to present to-day
1889 except so far as the statement for the
first six
months of the year, published by us in our issue of
December 14, 1889, has served to throw light on the
matter.
For these reasons
this information is highly import-
ant and very useful.
Aside from the interest which
Mabch
15,
THE CHR0N1CI.R
1880.)
371
own security holders must feel in its wel- after a very heavy decline in the year preceding. The
and doings, the St. Paul & Omaha affairs also have reason, however, it is not diflRcult to give. In the first
an interest for the owners of Chicago & Northwestern, as place, the road must have suffered for a good part of
the latter company holds a controlling amount of the year from the diminished production of
spring
Omaha stock, and gaides and directs the policy of the wheat in the Northwest in the year preceding. Bates
road. Both the Northwest and the Omaha, as is known, in the West as a whole we know
were decidedly better
lost heavily in income in the twelve months preceding than in 1888, but there were
exceptions to the rule in
we mean in the calendar year 1888. The fiscal year the case of the traffic between Chicago and St. Paul
of the Northwest, unlike that of the Omaha, does not and in the case of all traffic and districts
affected by
correspond with the calendar year, but we gave a state- the competition of the Lake Superior routes.
With
ment of its operations for the twelve months ending reference to this special situation, consider the location
December 31, 1889, in our issue of February 1, 1890. and position of the St. Paul & Omaha. One part of
That statement showed that in net income at least the the system forms, in connection with the Northwest,
a
Northwest had done considerably better in 1889 than in line between St. Paul and Chicago, and another part
1888.
Has the Omaha been equally fortunate in this of the system furnishes a line between Omaha and
the company's
fare
—
respect ? In other words, did the road recover the
whole or a good part of the falling off in net earnings
which occurred in 1888 ?
The
furnished in this article supply the
answer to the above query. It is found that whi'e
figures
Missouri River points on the one hand and Duluth and
Lake Superior points on the other. Thus in both cases
the
exceptional
Omaha Road
conditions
prevailing
the
affected
With these explanations
unfavorably.
we give the following statement, showing earnings, eximprovement penseSjCtc, for each month of the last two years. It
on the whole has been rather small as compared with the should be noted that the loss in net
earnings during the
results are
previous
much
better than for 1888, the
In this particular, the exhibit for the last half of 1889, alluded to above, occurred chiefly in
reflect the course of net income the months of July, August
and September. In Nofor the last six months.
For while in the first half the vember and December, with the movement of the new
gain in net earnings over the corresponding period in
crop of spring wheat, and with more favorable traflfic
1888 was nearly $300,000, for the full year now the conditions
generally, there was an increase in the net.
first six
loss.
months did not
gain reaches only $170,465, indicating that in the lest
from there having been an increase in the
net there was quite a considerable loss.
Orow Eamintt.
half, so far
But there was a special reason for improvement in
the first six months in the difference in the weather
conditions in the two years.
In the early months of
1889 the weather was exceptionally mild, while in the
same months of 1888 it had been unusually severe. If
we examine the
January and February, we
find that there was a reduction of expenses in these
two months of $171,769, and this doubtless may be
taken as reflecting in good part the saving because
Xet Eamingt.
Januarj
. • •
Febniarj.
March
April
M»y
Jane
July
Septemb'r.
October
Novemb'r
December.
1888.
1889.
1888.
1889.
t
AufniBt
figures for
ExpmMts.
1889.
t
«
»
*
«
3««,634
429,173
532,685
450,68»
181,110
178,733
607,591
670,160
688,597
321,888
138,927
600,311
196,216
172,176
561,688
650,630
605,508
650,801
711,718
615,790
157,578
278,336
298,218
331.397
322,315
339,115
337,755
378,115
118,667
167,813
166,671
108,331
161,113
379.991
368,363
886,301
371,582
372,618
375,918
302,008
111,632
123.966
88,296
130,985
200.628
128.238
112,29S
110,978
129,179
157,193
120,761
302,052
260.603
122,088
der.56,103
70,666
111,037
121.683
9»,5S8
185.710
158,66S
19C.876
758,736
668,937
683,629
139,513
388,966
319,393
1888.
2'J3.83»
302,235
228.821
108,183
results of the year preceding
Under the heavy reduction in income which occurred
during 1888, the company in that year for the first
time in a long while failed to earn its dividend on the
railroads
preferred shares out of the ordinary traffic income of
of
the
milder
weather.
It
is
true
that
the poor
had forced economy upon
managers nearly everywhere, and the St. Paul
& Omaha we suppose formed no exception to the rule.
Certain it is that for the whole of the first eight months
expenses ran much below those of the corresponding
periods in 1888, though in half of those months gross
earnings also fell off, which would work a diminution in
expenses anyway. But whatever the reduction in expenses
during the first eight months because of the practice
of closer economy, we may regard it as offset by very
liberal outlays in the last four months of the year, when
expenses ran greatly in excess of 1888. For the whole
twelve months expenses are only $163,746 less than for
the same period in 1888.
As total gross earnings for
1889 differ but $6,719 from total gross earnings for
1888, the company may be said to have earned substantially the same amount gross in the two years, and at
substantially the same cost in expenses, the reduction of
§163,746 in the expense account for 1889 being referable simply to the more moderate weather prevailing.
Of course the increase in net earnings of $170,4i;o
represents quite a substantial addition to the company's income.
And yet it is a part only of the loss
of $544,278 in the year preceding, when the net was
reduced to the lowest figure reached since 1882. The
the road, so that a part of the income from land sales
was needed to make good the deficiency.
But under
the improvement in net earnings in 1889 the old condition
has been restored.
interest, rentals, &c., not
The amount required
having been materially
for
differ-
ent in the two years, the result of the increase in net
earnings has been to leave $519,187 for the stock in
The 4 per cent
1889, against only $361,971 in 1888.
dividends on the preferred shares call for 1450,272,
and hence there was in 1889 a substantial surplus above
the
sum
required for that purpose from the operation
of the road alone.
But
in addition the
company had
$561,426 net income from land sales, making a total of
$1,080,613 out of which to pay $450,272 of dividends,
and leaving a surplus of $630,341. In other words, the
company might have paid on the combined results of
land sales and road operation full 7 per cent on the preferred shares, and have had left a balance of $292,637
To be
have been reduced in
recent years, and the company cannot show quite as
large a surplus above 4 per cent dividends now as it
formerly did above 7 per cent dividends, and yet under
the circumstances and conditions prevailing, the results
niore striking on a comparison are highly satisfactory and reflect credit on the manbesides.
sure, dividends
same fact appears still
of the figures of gross receipts.
The gain here as agement of the property. In conclusion, we present
already said is only 86,719, but the loss in 1888 was as the following summary of the yearly results back to
much as *529,735, showing an insignificant recovery 18S4. Gross and net earnings, al'hei-e givfen for 1889'
THE CHRONICLE.
372
[Vol. L;
few thousand dollars from the aggre- occurs chiefly at the ports which gained most the year
monthly results in before, and West Point, &c., has dropped back to
the table for the above, but that has no significance as 35,000 bales, after having been up to 76,000 bales in
The following is our usual table.
the monthly figures are made up on a slightly different 1889.
and 1888,
differ a
gates one would get by adding the
FROM
RGCBIPT8 OF COTTON AT SOCTnERN PORTS IN FEBRUARY, AND
JANUARY 1 TO MARCH 1, 1390. 1889 AND 1888.
basis.
St.Paul3c Omaha.
Miles Dec.
31.,
1,394
I
1,399
I
Since Januari/
February.
1,
Port*.
1,318
1,839
l,3«5
:
1884.
1885.
1886.
1887.
1888.
1,394
1888.
1890.
1889.
1868-
22,839
119,046
16,053
389,704
40,047
110,309
13,809
882,325
54,600
6,722
127,938
48,826
69,749
8,942
17.669
69,761
1890.
*
*
I
t
»
t
6,417,867 6,411,138 6,940,873 6,153,267 5,814,810''6,78t,932
4,248,903 4,877,902 4,388,341 3,621,136 3,498.662 3,783,547
223,476
222,480
270,266' 245,274' 227,440
235,509
Galveston
El Paso, &c
New Orleans
Total expenses...
4.484.412 4.»18,l.i8 4.633.615 3.818.575 3.721,151 4,007,023
Mobile.
Florida
Net eaminscp
1,988,445 1,762,980 2,307,258 2,304,692 2,093,659 1,777,900
Sarannab
I
<
'
i
Gross earnings
Operating expenses.
Taxes
Charitea—
Interest on bonds.
1,837,956 1,337,966 1,384,324 1,320,146
212,221
73,969
33,235
39,954,
....I
.,..
Less credits
Net
1,323,614 1,309,734 1,298,002 1,263,997 1,301,089 1,107,925
62.239
75,507,
90,6441
91,276!
90,697| 126,638
Interest
Rentals, &c.*
1,414,258 1,401,009 1,888,699 1,890,630 1,376,596
Total charges.
1070064
43,723
7.044
135,849
136,644
10,499
1,113
2,913
62,565
11,662'
18,311
21,186
8,969
34
9,560
184,966
30.333
15,873
18,648
44,778
27,555
826,457
38,957
2,700
gi,7M
23,039
48,987
2,610
18,479
.
...
Norfolk
Point,
&o
1,645
404
6,017
6,414
16,876
63
212
119
1,011
1,616
793
32,727
76,282
20.890
36,573
74,830
91,408
86,045
U2,172
63,868
88,600
345,141
.
914
4,569
29,492
36,733
Wilmington
Washington, Ac.
416,007
299,090
968,376 1,050.872
773,855
,
Total..
Amount for
17,425
4,933
51,049
Brunswick, Ac
Charleston
Port Royal, &c
West
46,119
5,675
135,861
12,041
baleo.
519,187
stock.
Gaab from lands
561,426!
Total net Income
717,063
741,066
721,996
607,745
651,126
868,033 1,673,060 1,665,128 1,439,059 1,268,870
675,408! 787,976
460,272| 675,408! 675,408
1,080,613'
Dividends
914,062
918,569
684,501
361,971|
606,062!
450,272;
In the grain movement at the "West there was a decidedly larger volume of traffic than in the year preced-
ing, but some prominent points, and consequently some
prominent systems leading to those points, did not
Including loss
We may note as
f9,609.
share in this increase to any extent.
prominent illustration the case {of Chicago, where,
a
RAILROAD GROSS EARNINGS IN FEBR
notwithstanding a most remarkable increase in the corn
Considering that February is a short month, the arrivals at some other points, the receipts of that cereal
gain of $3,071,337 in gross earnings over the same stand but a trifle heavier than in February, 1889. The
month of 1889 which our exhibit on the 151 roads position of that point on the general movement of grain
Snr plus
897,662'
417,7611
),341!
979,7201
763,6511
470.894
on Menomonie Road, which amounted In 1889
*
to
UARY
below shows, is evidence of the satisfactory nature of
the volume of railroad traffic, and reflects a continuance
of the same favorable conditions in that respect which
have prevailed heretofore. The ratio of gain is W^Q
per cent, and the improvement is the more noteworthy
since the returns have been continuously good in February for a great many years past. In fact, looking
back over the
eleven years,
last
we
find but one Feb-
ruary when our statement indicated a falling off. The
following recapitulation of the monthly summaries
since 1880 brings out that point very clearly
:
is set
out in the subjoined statement.
RECEIPTS AT CHICAGO DURING FEBRUARY AND SINCE JANUARY
1888.
Wheat.bu8h.
Com... bush.
Oats., bush.
Rye., .bush.
Increase or
Decrease.
Tear
Year
Tear
Tear
Given.
Preceding/.
aiven.
Preceding.
Miles.
Feb., 1880 (44 roads)
Feb., 1881 (39 roads)
Feb., 1882 (48 roads)
Feb., 1883 (60 roads)
Feb., 1884 (60 roads)
Feb., 1885 (69 roads)
Feb., 1886 (66 roads)
Feb., 1887 (101 roads)
Feb., 1888 (109 roads)
49,389
Feb., 1889(122 roadS)
Feb., 1890 (161 roads)
Not
all
the
traffic
.
14,852,161
20,762,296
19,026,670
22,118,090
39,174
49,154
48,299
62,980
58,640
68,744
79,169
13,876,239 Inc.
18.268,067 Dec.
16.082,394
43,045
60,846
$
*
11,059,485 Inc. 2,864,088
10,182,851 Inc.
462,718
12,611.817 Inc. 3,918,554
16.636.761 Inc.
514,841
16,018,193
24,212
38,315
28.339
40,393
47,212
42,830
56,080
61.789
71,577
81,106
t
13,723,573
10,646.569
16,530,371
17,151,602
14,616,999
20,210,253
251,874
Inc. 1,230,243
Inc. 1,736,726
Inc. 1,907,837
Inc. 1,261,836
Inc. 3,071,327
25,434,878
24,173,042
30,114.656
27,043.329
conditions have been favorable to
The weather was
large earnings.
740,700
course was a gr-eat advantage.
mild, and that of
January
I.
1880.
393.280
569,102
1,087,366|
1,088,119
1.805,259
4,357.909
3,798,366; ll,609,877j
8,052,506'
0,666,804
3,827,429
2.877,393
427,059'
5,502,661
240,461
5,454,850
Barley.bush,
115,645
1,127,660
8,173,328
82,820
7,623,740!
155,888
1,298,811
1,078,115
2,635,2461
2,636,302
2,153,332
Total grain
10,112.315
9,047,609
8,749,911
23,283,277i 17,416.949
Flour., bbls.
Pork....bbls.
822,552
4,827
23,969,378
10,277,648
563.836
145,701
2.338
674,067
15,786,514
1,246,321
15,009,261
12,269,004
7,076.686
7,204,454
559,489
426,036
Cutm'ts.lbs.
Lard
lbs.
Live hogs No
Period.
1890.
4,436,907
Earnings.
milaiie.
Since
February,
1.
Thus the
619,282
3,799
779,747
9.139
52,313,437
23,163,472
1.S71.634
427,898
8,625
34,224,413
13,838.297
1.043.176
total of all the cereals at that place
185,069
10,685
25,811,209
12,473,965
1.010,770
was only
about a million bushels greater in 1890 than in 1889.
But looking at the totals covering the nine principal
Lake and Eiver ports of the West, we find very heavy
gains this year, after in most cases heavy gains last year.
For instance, the arrivals of corn at the nine points in
the four weeks of February, which last year had jumped
from 6,558,941 to 11,680,002 bushels, this year record
a further most noteworthy increase, the total being up
to 16,378,969.
crease
So in the case of
from 4,447,984 bushels
in
oats, there is
an in-
1888 and 5,013,467
bushels in 1889 to 6,505,888 bushels in 1890, and in
and 1,943,541 bushels to 2,412,have suffered from bad 694 bushels. In the face of this general increase, howThe Norfolk & "Western ever, there are several points which show losses in one
Still,
not a few roads in
barley from 1,803,167
different parts of the country
weather
—rains
and
floods.
reports that, owing to heavy storms causing washouts,
on the
New
River division was entirely suspended for five days in the last week of the month.
Floods and rains and high-water in the Ohio and !Mississippi rivers also caused interruptions in other parts
of the South.
coal traffic
Then
also the
movement
was smaller than
This is true in only minor degree of the
a year ago.
shipments overland, for these shipments fell nearly 806
bales below the exceptionally heavy total of February,
But in the case of the receipts at the Southern
1889.
outports, there was a very decided falling off, the
aggregate for 1890 being only .34p,14:X.b^les, against
of cotton
415,007 bales in 1889,_the M.t^r, .^ow^j.er,
of
exceptionally hfiayy,,j|rgg9T]|(^,
or
more
of these cereals.
Louis is the centre where the gain is most manifest, the corn arrivals reaching 7,581,656 bushels in
1890, against 4,150,190 bushels in 1889 and only 1,865,The conclusion to be drawn from
855 bushels in 1888.
St.
movement was exceptionally free and
from the Southwest, and the returns of earnings
for the leading systems in that section reflect the same
Toletio is another point which has gained
tendency.
this is that the
large
heavily in the corn receipts,
its
total
of
2,138,033
bushels for 1890 comparing with 316,925 bushels in
1889 and but 98,045 bushes in 1888. At other points,
however, the increase is. not particularly noteworthy,
h^^yingbeen, and^t Detroit the corn" arrivals are decidedly less than
^^^^'^i^;9|^^. &vrla|^year^;,^Jig^all detailed statement
is
as follows.
i
MARca
THE CHUONICLR
15, 1890. J
BECEirXS OF FLOUa AND GKAIN FOR FOUB
Chicaoo-~
i wk8. Feb..
4 wks. Feb..
4 wk». Feb..
Since Jan. 1.
Since Jun. 1.
Since Jan. 1,
WKBK8 ENDED
MAIICII
1.
1890
1H89
1«SS
1M»0
18S9
18WD
1887.
isaa.
1883.
»
I
t
I
611,701
682,285
332,21&!
344,671,
487,747
283,176
480,138|
6S1,763|
liMM
280,168
101,S86|
138.888
8MU
381,280
885,5441
3oo3n
4'pO,573
432.773
3,100,389' 2,151,018
8,028,5161
497.077
866,834
306,838
476,573
688.894
478,878
849,786
409,803
450.691
8,468,736
39«,108J
48:),i)68,
«2V
last year.
the trunk lines the
S9S,306
tMS,0«S
New York
Central has an
and the Wabash an increase of
In the Middle Western States there is quite
$67,857.
a number of roads which fall behind, but there are also
increase of $242,133,
1890
1889
1888
1890
1889
1888
many which
a good
report very substantial additions to
and among these latter some of the
like the Toledo St. Louis & Kansas City,
their revenues,
Toledo—
newer
Februiry.
1890.
1886.
Balt.&O. Southw.
Chicago A Atlan...
Chicago & East. 111.
Chlc.A West. Mich.
Det. Lansing & No.
Bransv.A Terre H.
178,859
188,616
1B8«.
t
217,668'
100,137!
76,727j
72,418'
170,008
160.643
156,270!
814,310
96,601
69,914
67,833
171,507
217,633
1,802.159
208,315
98,566
70,982
66,117
190,585
217,608
1,169,813
161,310
171,667
9i,293
8,68'),483
Ohio&Miss
296,344!
8,461,730
889,863
&
88,903
77,173
6,769.930
6,890,232
6,328,581
Ohio Cent.
Total
Dtilutli—
&
*
All lines,
t
i wks. Feb., ISrw
4 wks. Feb.. 1889
4 wks. Feb.. 1888
Since Jan. 1, 1890
Since Jan. 1, 1883
Since Jan. 1,1888
West Shore not Included
It
t Chioaffo
&
Mobile
61,6:H
8,181,7661 4,694,805
here.
I
Four weeks
In
3,779,781
each year.
however, from the South that the very best
is,
Out
of forty-eight lines
which have furnished
or systems
1890
1889
1888
1890
1889
1888
tl89,142
93,767
83,400
60,288
157,819
167,806
1,142,823
2,287.839
274,129
Indiana Coal not included here.
returns as a rule again come.
Minneapolis—
144,688
110,206
71,380
54,£84
173,600
187.111
1,862,705
2.454,831
311,028
77,734
890,678
103,857
Tol.
1886.
»
161,146
162.068
251,495'
Fllnt&P. Manj....
235,278'
Grand Rap. & Ind.*
Or. Trunk of Can!
1,366,602|
N.Y.Cent.&H. R.. 2 703,853'
Since Jan. 1. 189U
Since Jan. 1. 1889
Since Jan. 1.1888
i wks. Feb.,
1 wk». Feb.,
4 wks. Feb..
Since Jan. 1,
Since Jan. 1,
Since Jan. 1.
1887.
$
»
Feb.. 1889
Feb.. 1888
Memphis &
Ohio, the
only the
reports,
Charleston, the Chesa-
peake Ohio & Southwestern, the Cinn. Selma & Mobile
and the Anniston & Atlantic have suffered a decrease,
Total of all4 wks. Feb., 1890
4 wks. Feb., 1889
4 wks. Feb., 1888
Since Jan. 1, 18,i0 ., , „„,w-,
Since Jan. 1, 1889 1,251,573
Since Jan. 1, 1888( 1,932,364
while the improvement on such roads as the Louisville
10,444.211
&
36.490,201 13,603.938 5,038,895
7.918.584' 23,261,301 9.934,3171 4,734,705
10,011.894 14.354.330 9.932.939 3.875,5751
,
With
lines,
are quite prominent.
Peoria—
i wks. Feb., 1890
1
1
Nashville and the Chespeake
&
Ohio
is
of very large
proportions.
refereuce to the provisions and liye stock moveFebruary.
1890.
Chesapeake i. Ohio
Ches. Ohio & So.W.
Cln.N.O.*Tei.P.«
B.Tann.Va. &Ga..
LouisTllle & Nash.
LouisT. N.0.& Tex
of lard 10,277,648 lbs.,
Memphis & Char.
against 7,076,585 lbs. and of
hogs 563,836 head, against 559,489.
1889.
t
ments, the figures for Chicago in the table further
above clearly indicate that those items of traflBc must
have yielded heavier freights to the railroads than in
1889.
Eeceipts of pork were 4,827 bbls., against 2,338
bbls., of cutmeats 23,969,378, against 15,009,261 lbs.,
live
(
2,745,068
Among
i wks. Feb., 1890
4 wks. Feb.. 1889
4 wks. Feb., 1888
Since Jan. 1, WM]
Since Jan. 1,1889,
Since Jan. 1, 1888
Detrott—
i wks. Feb., 1890
4 wks. Feb.. 1889
4 wks. Feb.. 1888
Since Jan. 1, 1890
Since Jan. 1. 1889
Since Jan. 1,1888
Cleveland—
4 wks. Feb.. 1890
4 wks. Feb.. 1889
4 wks. Feb., 1888
Since Jan. 1. 18iK)
Since Jan. 1, 1889
Since Jan. 1, 1888
* wks.
1888.
»
(
614,630
•338,382
687,967
Fourth week taken same as
*
Louit—
4 wks.
1889.
1890.
Total
MilvHiukee—
i wks. Feb.,
1 wks. Feb.,
4 wks. Feb.,
Since Jan. 1,
Since Jan. 1,
Since Jan. 1.
February.
Denver & R. Gr..
K.C.Ft,B &Mein
Mo. Kan. St Tez..
8t.L Ark. A Tez..
St. L. A San Fran.,
Texas APaelflc...
4 wk9. Feb.. 1890
4 wks. Feb., 1889
4 wka. Feb.. 1H88
Since Jan. 1. 1890
Since Jan. 1,1889
Since Jan. 1, 188s
St.
873
i
1887.
1886.
*
1888.
«
188S.
I
Mobile & Ohio
Norfolk & West...
t
381,919
572.000^
163.919'
485,000'
163.910;
156,762'
121,803'
672.058
696.980
565,9951
523,083'
485,083;
462,514
396,283'
1,471,010! 1,346,528
1,280,395
518.566'
256,296;
148,238
217,51l|
413,939
1,055,836
143,000
836,250
t
t308.211
113.630
440.993
341.386
in the tariffs to Kansas City,
311.8M
1,170,453! 1,049,266
1,063,306
139,210
98,617
101,147
216,851
162.518
225.660
141.618
179,230!
135.£75i
277,059;
372,017'
215,992!
106,23ll
200,198
167,139!
330,768
899.301'
908,397;
867,17lj
734,67?!
126,316
136,562
114,599
221,789
733,306
120,054
8,658,4251 5,078,689; 4.783,316
As regards rates reductions in the tariffs betweeen Chicago and St. Paul went into effect on the 17th of the
month, and subsequently this was followed by reductions
Rich. A Danv. syst
South Carolina
263.268
112.18a
428,840
4,203,551
tl64,494
196,881
644,908
tons;
Omaha, and Missouri River
Total
j
121.4M
3,7U.216| 3,612,917
• Entire system.
+Not IncindlnR St. L. & Cairo.
tExact recelDts of the Richmond ft AUoiihany for this year not known
we have, however, made an arbitrary allowance for the sime.
A
points generally.
For the Pacific roads the changes from last year are
fierce passenger war was also in
progress in the same section during the month. Never- not very important, as the following statement will
theless the Northwestern roads present very encouraging show
returns of earnings.
Only a few minor roads report
1686.
February.
1890.
1889.
1888.
1887.
1886.
:
diminished earnings, while the St. Paul has a gain of
St. Paul & Kansas City a gain of
$120,264.
A six-year exhibit for a few leading compa-
$115,892 and the
nies
is
.
.
Northern PadSo..
Total
as follows.
February.
Pac.
Canadian Paclflc.
1890.
1889.
»
«
1887.
1886.
t
201,821
814,046
1,193,169
181,674
837,994
936,085
186,841
610,616
686,788
123,818
485,168
894,210
2,839,089
1,966,653
1,822,915
T203,910
aroti Earnmga.
Name
1,792,800
1,676,60S
1,577,061
1,524,072
1,563.901
1,315.196
Iowa Centra!
MU.L.S.&West...
131,114
128,656
181,183
83,230
107,954
145,413
97,889
157,669
108.3571
100,632
69,826
109,234
46,483^
180,692'
113,162
67,385!
5i;,8')8
658,012
64,887
103,366
81,913
431,809
72,179
39,115
410,167!
396.217
8,646.401
2.464.8')6
of Road.
8.1,993
218,311
100.800
Paul&Duluth.
et. P. Minn. A Man.
76,745
445,111
93,172
72,23«
882,827
2,888,115
8,620,409
St.
Toui.,
117,601
81,871
1890.
In the Southwest the Atchison (whole system, includ
ing lines half owned) reports $424,799 increase, the
Missouri Kansas & Texas $109,585 increase, while
Anniston & Atlantic.
Anniston &Ciuoinu'tt
1
Atch Top.&S.Fe
Atlanta & Florida
. .
& We.^t Point.
Atlantic
Atlantic
&
&
Danville,..
Pacitlc
Bait. & Ohio South w.
Blnn.SclmaifeN. Or..
Buff. Uocb. & Pitts...
Burl. & Xorthwc8t«rn
Burl.
& Western
various
other systems also report large additions to UanaiUan Paclflc
Cape Fear & Yad.Val.
revenues.
Only the Kansas City Fort Scott & Mem- Chattanoof^a Union..
phis and the Little
Rock & Memphis report
losses.
Ttu^rease or
1889.
;
Atlanta
8,410,612' 2,107,969
400,677
899,964
OEOSS EASXIXOS AND MILEAOB IN FEBSUABY.
1885.
Chic. Mil. &St.Paul
Milwaukee & Nor.
Minn. A St. Louis..
$
*
t
231,570
871,000
1,840.338
2,315.902
&
Atlantic
Chesapeake & Ohio*.
Chcs. O. &So. West'n.
7,200^
y,8S3
2,053,-.J25
9.680
44, (ill
3t),000
231.570
172,839
7,439
8,069
1,647,301
7.439
41.031
23,400
201,824'
161,145
1,840
1,403
140,393
147,489
5,185
4,669
814,016
31,975
6,637
423,000
163,910
3,4.53
3,963
874,000
43,027
7,166
572,000
153,949
Decrease.
Mileage.
1890. 1889.
-239
53
53
35
33
+1.814
+407,924 6,529 6,532
105
105
+2,241
86
86
+3,580
151
151
+ 12,000
815
815
+29,746
281
281
+ 11,714
20
20
+ 437
204
294
—7,098
S2
52
-1,732
105
—704
105
+29.934 4,957 4,795
245
296
+11.052
41
41
+529
754
915
(147,000
398
398
-9,901
IHE CHliONlCLR
371
Oroa$ Earnings.
Name of Road.
1830.
Chic. & Atlantic
Chic. & East. UUnois.
Chic. Mllw. &8t. P...
Chic. & Ohio River...
Chic. St. P. & Kan. C.
Chic. & West Mich...
Can.Georj?. & Ports. .
Cin.Jaclf. &Mack. ..
Cin. N. Orl.&Tex. P..
Ala Gt. Southciu...
K.Orl.ife Northeast.
Ala. & Vicksburs.
.
Vloks.Shrev.&Pac.
Ciun. Northwestern..
Ciii. Seliua & Mobile.
Cin.Wab.
&Mich
ClcT. Alrron ctCol....
Clev. CinCh.&St.L..
Clev. & Marietta
Colorado Midlauii
Col. & Cin. Midland
Colu.sa & Lake
.
Covin;,'tou
& Macon.
Day. Ft. Wayne & Clilc
Denv. & RioCiraudc.
Den.Tex.&Ft.Woith.
Det. Bay City & Alp.
Det. Lansing &, Nor ,
Dul. 80. Shore &Atl..
E. Tonn. Va. & Ga
Evans. & Indianap.
.
Evansv. & T. Haute..
Flint & Pere Marq
Flor. Cent. &Pen1n...
Fort Mad. & N'west'n
Gr.Rapids & Indiana.
Cin. Rich. & Ft. W..
Other linos
tGr. Tr. of Canada.
. .
tChic.
& Gr. Trunk
.
tDct.Gr.Hav.&Mil.
Gulf & Chicago
Humeston is. Hhen
. .
Ind. Dec.
&West
Iowa Central
Iron Railway
Kanawha & Ohio
Kan. C.Clin. &8pr..
*Kan.C. Ft.S.&SIem.
Kan.C. Mem. &Bir...
Kan. C.Wyan. &N.W.
Kentucky Central
Keokuk & Western
"Kiugst. & Pembroke
Lake Erie All. & Bo...
Lake Erie & Western.
Lehigh & Hud. River.
Little Rock & Mem
. .
.
. .
.
Long
Island
Louisv. Evans. & St.L
Loulsv. & NasUvilio..
Louis. N. Alb.& Chic.
Lou. N. Orl. & Texas.
Louisv. St. L. & Tex.
Louisville Southern.
Lynchb.
& Durham ..
Memph. &
Char'ston.
Mexican Central
Mexican National
'Mexican Railway...
Milw.L. Shore &W...
Mllw. & Northern
Mineral Range
Minn. & St. Louis....
Minn. St.P.&.S. SteM
Mo. Kan.s. & Texas...
Mobile & Ohio
Nash. Chatt. & St. L.
New
Orleans & Gulf.
N. Y. Cent. & Hud. Riv
N. Y. & Northern
N.Y. Ont.&West....
Norfolk A Western ..
Northern Pacific
Ohio Ind. & Western
Ohio & Mississippi
Ohio &, Northwest'n.
Columb. & Maysv..
Ohio River
Ohio Southern
Ohio Valley of Ken
Peo. Dec. & Evansv..
Pittsb. & Western.
.
.
.
.
.
Omaha &K.C..
Richmond & Danville
Quln.
Virginia Mid. Div.
Char. Col. & A.Div
&
Greenv. Div
West. No. Car. Div
Georgia Pae. Div.
Wash. Ohio &W.Div
Ashe. &Spar. Div.
Col.
.
Rio Grande Western
Rome & Decatur
St.
St.
St.
Bt.
St.
St.
Jos. & Gr. Island.
L.Alt. &T.H.Brs
L. Ark. & Texas.
L. Des M. & Nor..
L. & San Frau'sco
Paul&Dnluth...,
St.P.Mlnn. &Man...
Eastern of Minn
.
Montana Central.
Ban Ant. & Arans.P.
San Fran. & Nor. Pae
Sav. Amcr. & Jlont.
.
Scioto Val.&NewE.
Seattle L. 8h. & Eas
Shenandoah Valley
South Carolina
Staten Isl'd Rap. Tr
Tennessee Midland
Texas & Pacific
Tol. A. Arb.& N.Mich
Tol. Col.
&
Cinn...
188,616
217,698
l,79i,50O
4,723
309,408
100,137
3,823
40,S43
.t27,«9(i
150,073
03,107
50,11s
51.064
1.107
6,010
37,958
59,039
879,404
17,212
1*7,343
24,243
1,939
12,957
37,704
514,630
199,031
50,862
76,72
110,780
518,56(;
16,87S
72.418
2.il,495
105,867
1,924
188,733
33.02(7
13,51(
1,366,602
279,358
75,075
4.27?
10,50(
27,771
131,144
3,08C
20,21(
25,22t
251,794
101,207
47,800
72,035
27,103
7,565
4,625
195,116
20,848
49,599
182,83:"
81.000
1,471,010
153,858
256,296
27,037
29,566
4,659
148,238
567,456
293,658
219,871
218,311
100,800
7,234
117,501
146,625'
587.957|
247,544
279,315
14,520
2,703,853
40,2791
129,605
413,939
1,240,332
U6,566
295,344
15,283
598
39,698
37,958
14,044
53,430
152,531
17,709
479,300
150,300
84,450
83,750
77,450
161,825
7,950;
10,800
91,475
8,750
111,557
85,668
306,232
5,739
475,573
76,745
445,114
24,025
57,495
112,227
36.564
20,905
47,842
22,900
87,000
143,000
48,14>
17,60(
528,29J
100,2 U
22,331
1889.
Mileage.
Increase or
1890.
Decrease.
Grata Earnings.
Same
269
470
269
470
1,676,608
6,586
+ 115,892
5,678
5,678
—1,863
189,144
95,501
+ 120,214
86
790
414
42
344
336
295
196
143
170
86
790
414
42
344
336
295
196
143
170
+55
8
8
-4,497
+4.521
3,75(>
41,860
263,257
145,420
88,132
48,475
50,696
1,052
10,507
33,437
47.S08
841,433
18,445
120,310
26,426
1,249
9,338
+4,636
+ 67
—1,017
+ 64,439
+ 4,653
^4,975
+ 1,643
+ 368
+ 11,231
+ 37,969
53
165
194
67
165
194
1,499
106
207
—2,183
+ 690
7(*
106
267
70
22
107
+ 3,619
40,92:-
—3,218
259
259
497,077
176,60U
41,347
69,914
82,196
485,083
20,18S
67,833
171,507
97.952
1,400
163,342
40,007
14,284
1,302,159
248.648
63,844
3,717
10,808
38,237
128.656
+ 17,553
+ 22,431
1,496
1,480
856
232
323
522
836
226
323
522
1,209
1,140
150
156
597
574
45
409
150
136
379
574
45
409
86
332
162,516
433,293
289,350
262,325
184,182
83,230
7,597
93,172
101,782
478,372
277,059
275,627
11,517
+9,515
+ 6,813
+ 28,584
+33,483
-3,315
+ 4,585
+79.988
+ 7,915
+ 524
+25,391
—6,978
—768
+ 64,443
+ .30.710
+11,231
+ 553
—308
-10,466
+ 2,488
—900
+ 2,414
+ 10.079
—34,552
+ 14,800
+ 17,110
8C
63
3,487
63
3,479
335
189
335
189
63
95
152
509
20
129
163
671
275
199
589
+ 2,595
63
135
361
300
2,192
2,121
538
658
121
330
538
570
90
101
10
330
1,527
1,218
1,397
1,218
293
660
—4,749
+ 17,400
-4,324
+124,482
+2,549
+40,442
+ 18,672
+2,221
+4,327
—14,278
+134,163
+4,308
—42,451
61
101
61
—363
+ 24,329
17
351
+44,843
+109,585
—29,515
+3,688
789
293
660
303
17
351
789
1,806
1,681
687
650
+ 34,129
+17,570
+3
+242,123
1,420
40,469
109,518
372,04"
1,193,159
118,008
289,263
12,105
774
33,918
48,604
9,423
63,69
137,015
20,005
431,700
125,400
80,999
74,383
71.723
-19t
61
327
638
89,9:"
4,200
88,834
80,260
249,786
4,899
409,863
72,234
382,327
20,058
45,937
86,983
41,594
17,215
48,180
15,701
57.oor
126.315
43,808
16,354
4.50,694
71,134
16.466
671
-7,205
+ 1,538
—248
—405
254
145
113
2,461 ,73Ci
5,939
9,694
63
95
152
509
20
129
163
275
152
254
148
113
61
589
63
135
357
300
+6,649
687
632
68
10ri,559
1890.
Tol. &Ohio Cent
Tol. & Ohio Cent. Ext
Tol. Peo. AWest
Tol. St. L. & K. City .
Wabash (consol. sys.)
Western of Alabama.
Total (151 roads).
+20,087
+41,892
+47,173
—1,442
+ 6,079
+3,178
—176
68
1,420
61
327
594
3,590
3,447
352
623
106
352
623
106
19
19
215
128
91
256
367
134
740
355
393
296
287
518
50
66
373
63
447
242
215
128
+56,446 1,262
+ 840
43
1,262
+5,780
—10,646
+4,621
—10.268
+ 15,516
—2,296
+47,600
+ 24,900
+ 3,451
+9,367
+5,727
+53,266
+2,011
+ 1,106
+ 1,550
+4,,550
+ 22,723
+ 5,408
+ 65,710
+ 4,511
+ 62,787
+ 3,967
+ 11.538
+ 25,244
1,320
91
256
367
134
740
355
393
296
287
377
50
66
369
247
3,030
70
177
413
—8,030
16(>
+ 3,690
—338
134
131
90
255
247
24
135
1,497
25a
131
110
131
73
235
247
24
135
+7.259
+30,000
+ 16,685
+ 4,340
+ 1,246
+77,600
+ 29,081
+5.865i
43
1,497
234
43
235
45
247
319
1,927
1,950
+3,413
+21,553
138
678
237
828
138
658
187
818
+52.261
+ 14,023
+86,753
51
Only three weeks of February in each year, t For four weeks ended
b Richmond & Alleghany included in both years, a Whole
1.
system, excepting lines half owned.
GROSS EAttNIKGS FROM JANDART 1 TO FEBRUARY 28
Xame
Annlston
Anuiston
1890.
&
Bait. & Ohio Southwest.
Bir. Selma&New Orl'ns
Buff. Roch.& Pittsb....
Burl. & Northwestern..
Burlington & Western..
Canadian Pacific
Cape Fear & Yad. Val..
tTiattanooga Union
Chesapeake & Ohio h...
Chesap. Ohio & Southw.
&
&
Atlantic
East. Ill
Chic. Slilw. & St. Paul..
Chicago & Ohio River..
Chic. St. P. & Kan. City.
Chic. & West Michigan.
Cin. Georg. & Ports
Cin. Jackson & Mack...
Cin. N.O. & Texas Pae..
Ala. Great Southern..
N. O. & Northeastern.
Alabama & Vick.sburg.
Vicksb.
&
Shrev. Pae.
Cin. Northwestern
Cin. Selma & Mobile.
Cin. Wabash & Michigan
.
.
Clevc. Akron & Col
Clev. Cin. Chic. & St.L..
Cleveland & Marietta...
Colorado Slidland
Columbus & Cin. Mid...
Colusa <te Lake
Covington & Macon
Day. Ft. Wayne & Chic
Denv. & Rio Grande
Denv. Tex. & Ft.
Dot. Bay City & Alpena.
Det. Lansing & North'n.
DuluthSo. 8h. &Atl....
East Tenn. Va. & Ga.
Evansv. & Indianapolis.
Evansv. & Terre Haute.
Flint & Pere Marquette.
W
.
Fla. Cent.
Fort Mad.
<fc
&
.
35,794
Penmsula.
N'westeru.
Gr. Rapids & Indiana. .
Cin. Rich. & Ft. Wayne
tGr. Trunk of Canada
tChic. & Gr. Trunk.
tDet. Gr. H. & Milw
Gulf & Chicaffo
.
.
..
Humeston & SUeuand'h.
Indianap. Dec.
Iowa Central
Iron Railwav
&
West.
Kanawha & Ohio
*Kan. CityCliu. &Spr..
*Kan. City Ft. 8. & Mem.
Kan. aty Mem. & Bir..
Kan. CityWyan. &No..
Kentucky Central
Ksokuk & Western
•Kingston
A Pembroke.
L. Erie Alliance
&
So...
Lake Eno & Western
...
<Ss Hudson River
Bock & Memphis.
Long Island
Lehigh
Little
Louisv. Evansv. &
Louisville & Nashville..
Louisv. N. Alb. & Chic.
Louisv. N. Orl. & Texas.
St. L.
Louis^-lllc
Southern
Minneapolis & St. Louis
Minn. St. P. & S. Ste. M.
Missomi Kan.
Jc
Tex....
Mobile &Ohio
Nashv. Chat. & St. Louis
New Orleans & Gulf.
N. Y. Cent. & Hud. Riv.
New York & Northern..
N. Y. Ontario & West'n.
Norfolk & Western
Northern Pacific
Ohio Ind. ic Western
Ohio &. Mississippi
Ob'o & Northwestern
Oolumbus & Maysville
. .
. .
$
15,405
22,115
4,192,720
20,583
95,266
70,580
424,726
367,711
4,040
255,740
7,668
8,436
1,845,111
82,789
15,427
1,157,000
328,155
410,211
439,242
3,586,911
10,531
661,782
198,397
7,587
83.286
686,387
327,426
197,826
118,436
117,576
3,363
13,558
75,522
119,976
1,836,677
36,245
270,664
53,749
3,180
26,326
77,24J
1,109,930
473,631
90,352
154,537
230.679
1,103,375
Atlantic
& Cincinnati.
Atch. Ton. & San. Fo..n
Atlanta & Florida
Atlanta & West Point...
Atlantic & Danville
Atlantic & Pacific
Chicago
Chicago
1889.
$
of Itoad.
Mexican Central
Mexican National
•Mexican Railway
Milw. Lake Sh. & West.
Milwaukee & Northern.
Mineral Range
70
178
510
+ 67,857
247
451
235
*
Memphis & Charleston.
247
64,314
918,983
47,528
222,947
67,827
231,032
+ 11,7.30
-125,
+ 2071
March
65
3,030
77,173
7,751
.77,713
1889.
30,114,656 27.043,329+3,071.327 81,106!79,169
.
447
242
43
1,329
Mileage.
Increase or
1890.
Decrease.
1889.
88,903
7,626
77,920
116,575
986,840
50,943
244,500
81,850
317,785
West. N.Y.&Penn. ..
Wheel. & Lake Erie..
Wisconsin Central. ..
1,499
4-767
+ 17,033
22
107
3,982
17,796
15,144
286,346
86,407
30,690
65.436
25,565
7,813
5,030
202,321
18,253
54,348
165,432
85,324
1,346,528
151,309
215.854
8,365
27,345
of Sold.
1889.
$
+26.554
+3,388
162,082
214,310
[Vol. L.
-
143,426
478.012
227,023
3,669
341,835
62,080
26,823
3,014,369
634,529
161.923
7,545
23,500
60,113
250,309
6,096
42,308
50,272
661.820
224,372
99,100
143,527
57,736
16,740
9,125
413,291
44,190
109,242
386,427
157,834
3,042,337
312,076
631,301
62,526
320,340
1,121,096
623,755
583,0.39
439,213
200,708
15,354
222,286
352,322
1,227,721
539,590
587,901
26,206
5,627,259
82,881
252,223
931,034
2,417,732
243,428
615,112
30,970
1.211
Increase.
277
5,940
710,655
5,065
5,969
25,680
52,733
26,661
802
75,136
2,379
318
103,157
16,028
1,680
289,000
6,081
78,498
8,086
234,393
3,927
267,187
5,053
145
1,966
103,752
21,207
3,886
13,U9
13,258
901
8,816
5,610
20,974
124,029
60
37,300
27
424
8,752
610
40,261
128,132
10,090
8,196
51,097
107,651
6,048
9,046
104,443
19,330
154
17,728
134,38(
373,56?
207,693
3,515
324,107
70,377
28,161
2,865,337
8,797
1,338
149,032
99,630
14,932
534,89!,
149.091
7,966
21,637
73,456
245,317
8,418
39,433
36,416
669,075
180,733
57,120
134,284
52,124
17,627
10,375
388,775
36,123
117,066
353,18C
173,010
2,745,375
307,581
472,463
59,872
325,036
928,449
576,987
660,434
357,407
163,217
16,112
176,562
194,857
949,214
561,261
568,707
26,976
5,171,880
83,379
221,933
770,111
2,376,557
229,344
608,187
25,90J
1,494
$
$
15,682
16,175
3,482,065
15,318
89,297
44,900
477,459
341,050
3,238
330,876
10,047
8,118
1,741,984
66,761
13,747
868,000
334,236
331,713
431,156
3,332,518
14,458
394,595
193,344
7,732
85,252
582,635
306,219
188,940
105,327
104,318
2,462
22.374
69,912
99,002
1,712,648
36,185
233,364
53,776
2,756
17,574
77,854
1,069,669
345,499
80,26?
146,341
179,582
995,721
41,842
Decrease.
415
1,863
13,343
4,992
2,322
2,875
13,856
7,255
43.639
41.980
9.243
5,612
887
1,250
24,516
8,065
7,824
33,247
15,176
296,962
4,495
158.838
2,654
4.696
132,617
48,768
77,375
8i,806
37,491
45,724
157,465
278,507
758
.•
.....
2i,¥7'i
[19,194
770
455,379
498
j
30,290
160.923
41,175
10,084
6,925
5,066
283
March
THE CHRONICLE.
15, 1880.]
Xante of Road.
1S90.
Ohio Elver
Ohio Soutliorn
Olilo Val. of Kentucky..
Peoria Doc.
Pittsbursr.
&
&
Evausv..
Western...
Quiucy Oniaba & K. C.
Biclimond & Danvillo..
Virginia Midland Dlv.
Char. Col. & Auk. Dlv.
Col. & Orccnv. Dlv...
3.'5,735
071,429
318,556
169,510
172,018
150,094
West. No. Caro. Dlv..
GoorKia Pueiftc Div...
Wa.sb. Ohio &W. Dlv..
Afiliev. & Spar. Dlv...
3.">0,700
Rio Grande Western
Rome & Decatur
St.
6t.
St.
St.
St.
St.
St.
&
Gr. Island....
L.Alt.
&T.H. Br'cha
Jos.
L. Arkaimaii * Texas
L. Dos M.
Xortb..
&
I.,oul8 & San Fran...
Paul&Dululli
Paul Minn.
& .Man.
.
Minn
Montana Central
liastern of
San Ant. & Aran. Pass..
San Fraa. & No. Pacille.
Savan. Amor. & Mout.
Scioto Val. & New En^.
Seattle L. S. & Eastern .
Shenandoah Valley
South Carolina
Statcn Island Rap. Tran
Tennessee Midland
Texas & Pacitlc
& No. Mich...
Toledo Cohnnl). & Cin..
Toledo & Ohio Central..
Tol. & Ohio Cent. Ex....
Toledo Peoria & West'n.
Tol. St. Ij. & Kan. City..
Tol. A. A.
Wahash (consol. system)
Western of Alaliama
Western N. Y. & Penn..
Wheeling & Lake Erie
.
Wisconsin Central
Total (149 roads)....
Net increase
88,383
82.924
29,051
111,436
318,032
10,098
21,532
308,300
17,050
248,312
180,065
000,349
12,241
929,014
105,574
054,491
65,684
132,017
212,189
72,034
43,352
97,930
45,799
178,015
285,284
99.704
34,097
1,188,215
181,109
43,400
184,703
15,890
149,020
236,920
2,108,749
112,473
500,772
164,584
643,364
02,907,449
1880.
72,011
94,730
18,151
121,002
300,014
40,138
839,038
269,762
104,.j65
143,350
144,190
235,289
12,810
19,011
211,825
8,200
175,835
158,863
515,587
9,430
834,568
132,353
776,444
30,005
90,010
100,082
88,013
32.287
98,981
33.928
109.722
260,903
93,750
28,318
080,488
138,072
35,2(10
158,029
14,077
145,725
132,313
1,817,021
107,549;
470,237;
140, 8 72
487,066
55,990,174
I
Inereaie,
Decrease
16,372
11,800
10,897
12,018
4,403
131,701
48,794
4,945
29.268
11,904
121,411
3,888
2.521
3,525
9,450
72,477
21,802
150,762
2,811
95,040
33,221
178,047
29,079
42,007
75,507
15,979
11,065
"1,651
'ii.sVi
Exchange this week there was a considerable decline in rates.
The joint-stock and private banks on Tuesday morning, when
the settlement began, asked 5J^ per cent, but some of the great
financial houses lent freely at 5 per cent, and the banks had to
give way. The rate, therefore, ranged from about 6 to 5},^
per cent. The carrying over rates, too, were decidedly easy
in most cases, being about 5>^ per cent. We have thus the
curious result that in many cases the carrying over rates on
purely speculative securities were as low as bill-brokers and
discount houses were paying upon the very bost securities.
The price of silver has advanced to 44d. per ox. The Bank
of Bombay this week has raised its rate from 11 to 12 per
cent and the Bank of Bengal advanced its rate from 10 to 11
per cent. The pressure in India and the comparative ease in
London ha%'e caused the Indian banks to buy silver more
freely.
A telegram from the United States, too, giving an
account of the bill reported by the Finance Committee of the
Senate has had a strengthening effect upon the silver market.
thought that the bill has greater chance of passing than
that drafted by Mr. Windom, and that if it does pass it will
It is
certainly result in raising the price of silver.
68,893
24,381
6,014
6,379
207,727
43,037
8,194
26,074
1,219
3.895
104,013
291,128
4,924
30,535
23,712
155,698
7,286,408
6,917,275'
376
309,133
* Three weeks only of February in each year,
6 Richt To March 1.
included in both years.
a Whole system exceiit
Ing lines half owned.
mond & Allegbany
[From our own correspondent.]
London, Saturday, March 1, 1890.
Following the lead of the Bank of England, the Imperial
Bank of Germany on Monday lowered its rate of discount
from 5 per cent to 4 per cent, and a day or two later the Bank
of Belgium lowered its rate from 4 per cent to SJ^ per cent.
The Bank of England, however, decided to keep its rate at 5
per cent. But as the Directors wished not to press too hardly
upon the bill-brokers and discount houses they have been making advances this week at 5^ per cent. Owing partly to the
collection of the revenue and partly to the falling due of an
instalment of the New Zealand loan, which was paid into the
Bank of England as the banker of the New Zealand Government, the outside market was very bare of supplies, and during the week ended Wednesday night it borrowed from the
Bank of England over SJ^ millions sterling.
The bill-brokers and discount houses, however, are encouraged in the hope that the period of stringency is now rapidly
coming to an end, partly by the decline in the rates abroad,
partly because about a million and a half of Treasury bills are
to be-paid for next week, and partly because the Government
expenditure will increase rapidly in the middle of the month.
Still the reduction in the reserves of the New York Associated
Banks and the fall in the New York sterling exchange had
their efifect upon this market, and the rate of discount has been
during most of the week about 4% per cent. It fell yesterday,
however, to about 3^ per cent. The Bank of England reserve now appears very strong. It is over 18J^ millions sterling, being more than 47J^ per cent of the liabilities.
But, as
has been pointed out in this correspondence frequently, the
increase in the reserve has mainly come from the internal circulation. During the week ended Wednesday night about a
quarter of a million in gold was obtained from abroad, but the
chance of much more coming does not seem great, although
there are reports that some will be received from Brazil.
On the other other hand, gold may be taken to New York,
and it is extremely likely to be shipped to Buenos Ayres if
rates here decline much more. The gold premium in Buenos
Ayres has again advanced to about 134 per cent. There are great
complaints that money is extremely scarce in Buenos Ayres, and
from 2}4 to 3 per cent per month is a common rate charged.
Meantime the tendency of the discount rate in the open market here is downwards, and at the settlement upon the Stock
The stock markets here have been even more depressed and
more inactive this week than for some months previously. If
possible there has been a worse feeling since the Bank of England rate went down than there was before. In the market
for American securities there is practically nothing doing. As
an illustration of the absence of business it may be stated
that one very large dealer who had been holiday-making in
the South of Europe for some months, and returned only a
few weeks ago, has decided upon taking another holiday, as
business is practically at a standstill and he does not see his
way clearly to operate either for the rise or the fall. The decrease in the reserves of the Associated Banks is causing
apprehension lest there should be a return of stringency in
New York, and the attitude of the Western lines to one another is also discouraging business.
The chief event of the week, however, was the fall on Monday and Tuesday in Argentine securities. This was brought
about immediately by the dissolution of a syndicate formed to
underwrite the late Argentine conversion loan. The underwriters had practically to take over 90 per cent of the loan,
the public not having subscribed, and the stock was delivered
to them last week.
They have been selling on a considerable
scale, especially the Continental members.
The news from
the Argentine Republic is such as to inspire the gravest apprehensions. The premium on gold is once more up to 134 per
cent.
Failures in large numbers are reported in Buenos Ayrea
of brokers and speculators. The rates charged to borrowers
are exceedingly high, and altogetner it looks as if a crash cannot be much longer postponed. Then, again, the Berlin market has been weakened by the fall in mining shares, which
have been run to extravagant prices, and seem now to be toppling.
The very large increase in the Socialist vote is disquieting operators,
and there are
fears
of labor disputes
and
strikes.
Here
at
home we
are threatened with a great strike in the
The general impression seems to be now that
there will be a compromise in Durham. The miners of that
county ask for an advance of 15 per cent. The coal owners
coal trade.
offer 5 per cent or free arbitration.
some haggling a compromise
It is
expected that after
will be arrived at.
It is also
thought likely that an arrangement will be arrived at in Northvimberland, but in Yorkshire matters look more serious. The
miners there are so determined that they have decided not to
draw strike pay during the first fortnight of the struggle. On
the other hand, the coal owners declare that they cannot
afford the advance, and that as the men are insatiable in their
demands they may as well fight now as later. The neighboring midland counties will probably be influenced in the course
they pursue by the action of Yorkshire, which now, as last
year and the year before, has taken the lead. If the strike
takes place on the scale threatened it will disorganize the
whole industry of the country, and while fear of it hangs
over us there is little likeUhocd of any recovery upon the
Stock Exchange.
Gold, diamond, land, nitrate and other shares have participated in the general depreasion. Whether this state of things
will continue, and will result in a gradual decline, or whether
there will be a recovery is thought to depend mainly upon the
action of the great financial houses all over Europe. It is
argued by many operators that the great houses here and
THE CHRONICLK
376
[Vott L,
the Continent hold such large proportions of the new EIngland, the Bank rate of discount, the price of consols, &c.
loans and companies brought out durittg the past year or two, compared with the last three years:
that they are strongly interested in restoring public confidence
1890.
1*89.
1888.
1887.
for the purpose oiE reviving speculation and lessening thereby
£
£
£
£
they have con- Circulation
their own lock up. Besides, it is known that
23.069,860 23,042,466 23,383,670 23,731,096
10.751,104 10,628,950 11,739,080
8,908,304
tracted to bring out many other enterprises. For example, the Public deposits
21,595,811 23,335,534 23,236,80:
24,127,546
French Government is about to fund a large part of its floating other deposits
Government securities
13,763,694 14,499,801 16,215,232. 13,633,141
debt, and there is talk of a conversion of the Turkish Tribute Otlier securities
22,970,519 22,782,359 21,416,9431 22,670,914
upon
Loans as well as of the preference debt of Egypt. But whether Reserve
Coin and bullion
the great houses can restore confidence while the money Prop, assets to liabilities
market remains in its present state is a question that few ven- Bank rate
ture to answer.
Trade continues to improve
way
trafi&c
returns
issued
steadily.
this
For example, the railshow an increase
16,818,004
.
.per cent.
goods receipts upon seventeen selected lines in the
United Kingdom of over £30,000 compared with the
corresponding week of last year, when there was an
The one
increase on the same lines of over £40,000.
exception to the general prosperity continues to be the cotton
trade. The price of the raw material remains nearly what it
was last week, while the prices of both yarns and cloths are
weaker. Indeed, the glut in the Indian market is such that
in
the Bombay mills propose to work short time, and there is
very little demand for other countries of the Far East. With
The
this exception, however, trade generally is very good.
high rates that have been charged speculators during the psist
few months have almost put an end to undue speculation in
commodities. The prices of iron, tin, copper and raw produce remain steady, but not appreciably different from what
they were last week. The decline in prices is favorable to
legitimate trade, and consumption is consequently proceeding
15,787,087
16,300,122
21,727,822
22,770,767
23,281,217
43«
an
46
4
3
an
99
124,790,000 127,085,000 143,194.000 150,225,000
5
per cent
Consols
Clearing-House return
week
14,886,357
23,436,464
47 6-16
97H
Messrs. Plxley & Abell write as follows:
Gold—There has been no demaud for gold, and the Bank has pur
chased the small arrivals. The total bought since our last Is £173,000.
Arrivals— From Natal, £9,000; West Indies, £24,000; total, £33,000.
& O. steamer -2l8t iiist, £16,000; 27th
£5,000.
Silver— Until the last three days there were no purchas rs of bare,
and as very little silver was offering the rate remained steady. After
the satisfactory sale by the India Council a rise took place, and t»-day
the price has further advanced to 44d.
Arrivals from Keiv York,
£25,000; West Endiee, £6,000-total. £31,000. Shipments per P. & O.
steamer to Bombay-Feb. 21, £182,800; Feh. 27, £92,100.
Mexican Dollars— The last dollars changed liaads at 42 %d.; slao©
then, with a harder silver market, no frewh business has taken place.
They may now be fiuoted at 42^6'!., nearest price. Shipments, to Hong
Kong, Feb. 21, £32,&6.5.
Shipments to Bombay per P.
Inst.,
The quotations
for bullion are reported as follows:
SILVER.
QOLD.
Feb 27.
London Standard.
Feb. 20.
—
oz.
Sar Koid.flne
Bar KOld, contaln'g
20 dwts. silver. oz. 77 10
Span. doubloons. oz.
3 Am.doubloonB.oz.
9
oz.
Bar silver
Bar silver, contain-
77 10
ing 5grs. gold. oz-
77
oz*
Oake silver
Mexican dols....oz'
2a
d.
d.
d.
>.
Fib.
Feb. 87.
London Standard,
48M
44
ilH
44^
47
7-
47 3-18
13
mi
im
at a satisfactory rate, speaking generally.
The following shows the imports of cereal produce into the
The greatest danger as regards the futiu-e is the threatened United Kingdom during the first twenty-five weeks of the
coal strike. As stated above, there is good reason to hope season compared with previous seasons:
that an arrangement will be arrived at both in Durham and
IMPORTS.
in Northumberland.
These counties have not joined the
Miners' Federation, and a settlement there would consequently
not insure a settlement elsewhere. It is reported, however,
that the Federation is not as strong as it appears. Its main
reliance is upon the miners of Yorkshire. They seem to he
very determined, and if they are and the coal-owners hold
out, Lancashire and the Midland Counties will probably follow them. On the other hand, it is not thought likely that
the coal-owners will act together. Large numbers who have
new
joined the
coal-owners' federation are steel
And
and iron
argued that
their interest is different from that of the coal-owners pure
and simple. Upon the whole, the best opinion seems to be
now that a strike on the scale which was feared a week ago
wUl not take place, but that there will be strikes here and
there, and that in the end the miners will obtain a concession
of the greater part if not the whole of their demands. If the
dispute is arranged and the London money market does not
again become stringent, trade will continue to improve.
The German Government has somewhat modified its programme for a Labor Conference, and it now appears certain
that the conference will be held, since the French Government has intimated its intention to send representatives, and
the only doubt was whether that Government would do so.
Our own Government will send representatives, and the Berne
meeting is adjourned indefinitely.
The wheat market is somewhat firmer without any material
change in prices. The weather has become more wintry, and
on the strength of this it is expected that consumption wil
manufacturers as well as coal-owners.
it
is
Beans
905,204
1,747,211
14,815,182
8,286,137
com
Indian
Flour
Supplies available for consumption (exclusive of stocks on
September
1):
1886-87.
1888-89.
30,313,900
7,427,972
18 212,503
1887-88.
24,049,913
9,231,030
21,477,621
24,713,812
8,057.161
17,718,726
61,128,226 55,954,375
1833-89.
1889-90.
293. 5d.
price wheat week. 298. 9d.
Aver
54,761,561
50,489,699
1889-90
Importsofwheat.owt. 26,680,963
8,286,187
Imports of Uour
Sales of home-grown. 26,161,071
Total
Iv. price wheat season. 303.
3 Is.
Od.
9i.
18SS-87-
1887-8?.
309.
309.
32j.
321.
2fl.
21.
7d.
7d.
The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:
Last week.
1,892,500
This week.
ars. 1.974,000
345,000
Flour, equal to irs.
637,000
era.
Maize
Wheat
289,000
593,000
Eiisllsh ]Financlal
224,000
320,000
Markets— Per Cable.
London
daily closing quotations for securities, &c. at
reported by cable as follows for the week
The
are
1839.
1.562,00*
1839.
1,918,500
210,000
360,000
March
.
ending
14:
Sat.
London,
SUver, per oz
d.
0OQSol8,new 2%percts.
for account
do
PVoh rentes
(in Parts) fr,
Mon.
Tues.
1418
975,6
976i«
44
973 16
43 's
9739
{<8-42iu 88-55
106H
0. 8. 4ia8 0f 1891
125'«
U. 8. 4s of 1907
75=8
Canadian Paollio
6912
St. Paul....
Ohio. Mil.
&
1106
I25I2
75
69
Wed.
Thurt.
4378
975,6
43%
88-55
43iSja
975,6
971a
977i6
S8-67ia 88-6»
125i«
106
125 Ifl
Xl25
75%
7558
70=8
75^8
118
109 14
973,8
9738
88-60
106
978, e
975,,
ite
71%
106
125
75
71
nilnols Central
The Bank rate of discount and open market rates at the
chief Continental cities now and for the previous three weeks
have been as followsFebruary
28.
February
21.
February
14.
February
7.
Hates of
Interest at
Bank
Bate,
Open
Open Bank
Market Bate. tiarket
Par's
3
renin
4
Frankfort
4
m
4
SH
Hamburg
....
Madrid
Vienna
4
—
5M
8^
5
Bank
Open
Bate. Markei
2M
3
8«
:%
Bank
Open
Bate.
Market
5
6
5
5
2H
3M
3M
5
2«
5
6
8
3
•iM
2M
^
4
4
4
SM
4
2H
3«
4
4
4
4
4
3H.
4
4
St. Petersburg.
3
5
4
3«
4
5;^
B
4M
6«
3«
iii
2ii
Brussels.
OQpenhag<^n
—
m
3H
2M
3»
The following return shows the
3>«
position of the
6
SH
Bank o
117ifl
697s
II714
117%
Lake Shore
increase.
Amsterdam
1386-37.
1837-8^.
1888-89.
30,313,900 24,049.913 24.713,812
11,069,971 10,053,OOi 10,526,558
7,44-1,667
8,651,590
8,516,780
1,226,100
1,069,703
1,859,548
1,292,483
l,3.i 1,606
1,471.156
12,394,400 11,105,171 12,705,2 IS
8,057,16X
J
9,234,03
7,427,972
1889-90.
owt. 26,630,968
9,2^3,108
6,723,809
WbeaX
Barley
Oats
Peas
107 «i
107%
109 14
86?i
8638
8; 1-2
7Zi2
109 18
8658
721a
IIOI4
IIOI4
lOlii
104%
63
6238
761*
1171a
10818
873a
Loui8vir.e& Nashville.
7178
Mexican Central 4s ...
N.Y. Central & Hudson. IO9I4
N.Y. Lake Erie & West'n
103 !(l
2.1 cnns
do.
6258
Norfolk A Western, pref
Northern Pacitlc, pref.. 75
56%
Pennsylvania
Philadelphia & Reading. 1938
6618
Union PaciTO
31
Wabash, tiref
26%
10914
109 14
26
10334
26
87 14
7238
11038
2ei3
104
103%
71''8
72
6218
6218
75%
75
56
56
19Te
C5i8
1938
30%
30%
64 ^e
6238
7538
5578
lO's
65 13
31
i:63i
7616
55^8
20
6618
32
©trutttxcvclaX itMtX ^XlBccllaticoxis
117%
26%
55%
19%
6Si^
31=8
l\t\m
National Banks.—The following national banks have
recently been organized
:
4,246-The Comanche National Bank, Comanche, Texas.
Capital,
ISjO.OJO. J. B. Chilton, President; W. B. Ciinniiigham, Cashier,
4,247—The Lincoln National Bank of Washinglon. D. C. Capital,
.•^200,000. John A. Presoott. Preside it; Fre.1eri.-k A. Stier.
Cashier.
„ .. ,
4,248 -The City National Bank cf Wichita Falls. Texi,«. Capital,
Cashier.
$50,000. John G. James, President;
'
,
f
Maech
THE CHRONICLK
15. 1890,)
377
Imports and Exports for the Week.— The imports of the Iowa Central, connecting with that line at Monmouth
week, compared with those of the preceding weelt, show Junction, to make rates from all points on its line to and fiom
an increase in both dry goods and general merchandise. Chicago.
The total imports were $12,387,308, against $7,89.'),689 tho
New York Stock Exchange. New Pecnritics Listed.—The
The Governing Committee of the Stock Exchange have listed the
preceding week and 810,850,071 two weeks previous.
exports for the week ended March 11 amounted to $7,110,871, following securities
against $0,972,543 last week and $0,810,204 two weeks previous.
Norfolk <k Wksti-rn RK. Co.— Additional IrSueofS per cent etiulplast
—
The following are the imports at New York for the wc<>k
and for the week ending (for
('or dry goods) March
general merchandise) March 7; also totals since the beginning
of the first week in January.
ending
FOREIGN IMPORTS AT
For Week.
Dry Qooda
Total
Btnee Jan.
$3,010,649
7,898,155
(2,639,108
6,513,923
1890.
1889.
1888,
1887.
Oen'l mer'dlse..
NEW YORK.
$4,000,776
$4,329.1
7,957,'
7,761,139,
$10,908,804 $11,761,015
$12,287,268
$32,840,892
66,029,572
$9,153,031
1.
Dry Goods
Qen'lmer'dlse..
*30,598,476
60,208,237
67,833,3061
$36,691,624
61,702,541
Total 10 weeks.
$90.806,713' $98,870,464 $101,617,210
$98,394,108
» 33,783,904
ment boniU, $1,205,000, luiikir k total xmouut llsu d, $2,805,000.
MAUONINO CoAi, KR. Co.— Additional Issue or stock, $127,000, mak>
IDJE totul listed
,500.000.
ijll
Mamtoba
St. Paul Min.nkai'oi.is <b
RR. Co.- Additional Issue of coneolldate<l morlKano 69. reduced 10 4 iai>erieni, $7.50.000, iiiakliii; total
amount luted *26,9i»5,00O, cf which $i:!,6.'51,000 are
per cents.
m
LouisviLi.K Nkw Orleans & Tex«s RK. Co.— Additional i««uoof flrst
4 per cent l)uii<ls, $2,901,000, making total HiuouDt listed
$14,041,000, sinrl additional Heeond mortgage Incomes, $517,000, makluu total amount llHtid $8.63t,0O(V
NoRTiiER.N Railway Co. of California— Fifty- year mortgage gold
5s, $4,800,000.
CiiESAPKAKB <fe Ohio RR. Co.-First consolidated luortgaKe l>oiula,
Richmond & Alleghcn.T division, $5,000,000; additional l»»uc of Urst
preferred suek votniK trustees' certlt1<at<',i', $1.0<K).00O, and iuldiUonal
common stock votini? triisteea' ccrtlllcatis, $6,000,0oo. The second
inort»ia);o honils, $1,000,000, will he listed as soon as naily. All of tluse
are issued 00 account or the absorption of iho Kichmond i .MlcKheny
KK.. and on April 1 the trust receipts reprcaeutlug the securities of the
company will be strlokeu from the list.
niortgaffe
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
Messrs. John L. Williams & Co., bankers and brokers in
week ending March 11 and from January 1 to date:
Richmond, Va., forward advance sheets of their Manual of InEXPORTS FROM NEW YORK FOR THE WEEK.
vestments for 1890, containing a statement of the Virginia
1887.
1890.
1888.
1889.
debt and also the status of the bond cases which are soon to
be decided in the U. S. Supremo Court. Except for the lack
For the week....
.«6,374.200
$7,116,874
$5,709,086
*7.09?,595
Prev. reported..
52,6;:7,112
53,811,661
61,369,239
60,206,794 of space these would have been published in the Chroniclb
to-day; their manual will be found of much interest when
—
Total, 10 weeks.
$59,001,312
The following
$59,520,747
$69,067,834
$67,323,668
shows the exports and imports of specie
at the port of New York for the week ending March 8 and
since January 1, 1890, and for the corresponding periods in
1889 and 1880:
table
E.XPORTS AND IMPORTS OF 8PBCIB AT
NEW
Xxporlt.
YORK.
Iviportt.
Oold.
Since Jan.l.
Week.
Great Britain
France
$4,965
West Indies
12,875
$550
$42,311
$302,000
96,500
South America
AU
Since Jan.
Week.
202,090
other countries...
Total 1890
Total 1889
Total 1888
$21ti,9r,0
433,799
280,765
1,155,638
1,600
310.001
5,000
$1,513,950
2,805.749
2,744,919
2,050,580
96,500
784
68. '-'38
4,001
8,875
188,291
$41.1,362
$2,450,353
129,143
582,725
1,53:1,326
1.671,772
Import*.
Exportt.
Silver.
Week.
Great Britain
France
ainccJan.'l..
$611,900
Germany
West Indies
Hexioo
3,5
South America.
AU
749
Total 1890.
Total 1889.
Total 1888.
Chicago
&
,8itiee
I
28,732
$6,674
'"5,839
31,836!
2.50S;
17,046
$616,199
122,231
398,920
St.
Week.
$5,018,879
19,000
other countries. .
$5,062,450
3,'«0,559
2.069.628
$58,0641
10,968
58,0051
Jan.1
$64,757
1,351
9,773
77.24S
34,213
44,161
76,418
$307,921
314,150
451.'.'44
Lonis.— Major Bluford Wilson, who was ap-
pointed by Judge Gresham a master in chancery to take testimony in the foreclosure proceedings against the St. Louis &
Chicago Railway, has decided that the 200 disputed bonds for
Co., are not good and
$1,000 each issued by F. C. HoUins
have no claim on the proceeds of sale. The validity of the
bonds, which are numbered from 1,401 to 1,000, was disputed
on the groimd that sufficient mileage had not been btiilt to
&
.
warrant their issue.
Georgia State Bonds.
—
Bids will be received at the State
Treasury in Atlanta until May 7 for $1,900,000 new State
bonds, or any part thereof.
The proceeds of these bonds can
be used only to retire bonds falling due. They will date from
July 1, 1890, and be redeemable in instalmOnts of $100,000
yearly, beginning on January 1, 1917, the interest not to
exceed 4}.^ per cent, but bids are invited for the entire series,
bearing a lower rate of interest, viz., 4 per cent per annum,
The inS}4 P^r cent per annum and 3 per cent per annum.
The bonds are not subterest will be payable semi-annually.
ject to tax by any authority in the State, and are to be convertible at the holders' option into registered bonds of the
State of Georgia.
her whole debt
handle
—
Messrs. Robert Koons & Co., stock and bond brokers, o(
432 Library Street, Philadelphia, are publishing bi-monthly
for free distribution two very convenientcirculars giving quotations for and the date of last sale of a long list of inactive
stocks and bonds. One circular deals with trust companies,
insurance companies, banks, &c., the other with railroads,
horse railroads and miscellaneous securities. As this class ot
information is not easily obtained for Philadelphia specialties,
our readers will find these compilations of much value.
—
Auction Sales. The following were recently sold at auction
by Messrs. Adrian H, Muller & Son
:
41,.59;i
7,203
issued.
Sharee.
Sltaret.
20 Nat'l Park Bank. ..3O8I3 309
64 Market NaflUk...221i2-222
10 Metropolitau Nat, Bk. (60
50 Wells Fargo Express Co. 138
4 N.Y. Mutual Gas L't Co. HI
8 Equitable Gas l.lKht Co..ll5**
200 Ball Electric Light Co.,
$90 lot
$100 each
350
3 Celluloid NoveityCo
p.c. p'd in liquidation)
. . .
.
—
.
1 Clinton Hall As.soclat'n
Bonds.
$23,000 U.S. currency iJs, reg,
(Union Pac. RR. Co ). viz.,
. .
17,000, Jan.
55^
$6,000,
121'8-124l«
6s,1891,
113i8&int.
1, '97;
Jan. 1,1898
$3,OOOStateof R.
r.
F&A
$4,500 City of N. Y. 7s. cons.
stock. Nov. 1,'92. M&N.llO&lnt.
$3,000 B'klvn Local Improve.
Loan 7a 1891. M&N.. 104 >s&hlt.
SlO.OOOB'kl.vnCyWat'rLoan
6s,reg..Jan.l, •02,J&J.132&lnt.
$2,000 Jersey City Water 78.
1193i&lnt.
190'2,M&S
.$8,lK)0Minueap. Union Rail w.
115%
Co., Ist, (la, iy22.JacJ
$14,000 Phila. & Read'g RR.
Co. cons. M.,78, 1911, J&D.129>9
$3,00ON.Y.Prov.&Bost'nRR.
12489
Co., 78, 1699, J&J
$1,000 Broatlway & 'th Ave.
06 >«&int.
RR. Co., 1st, 58, 1904.1
$10each
103165
107>4 $1 ,000 Ble'k'rSt.&F'lt'n Ferry
144 2d Ave. RR.Co
100 Morris & Essex RR. Co.. 149
RR. Co., 1st, 7s, 1900. J&J. 114%
31 N.Y.Prov.&Bost.RR. Co.231
$1,000 Smith t*n& Port Jeff27 Flush'g No. Shore&Cent.
ers'n RR.,lst,78,1901.M&S.113
$10,000 Ohio & Northwestern
RR. Co
$9
RR. Co.. 1st. 68, 1936. Jau..
100 Osw'go&Syrac'seRR.Co.lSS'fl
50
1888, coupons on
50 Cent '1 Park North & East
"
123>4 $3,000 Ohio & Northwestern
River RR. Co
1st. Os. 1936. July,
RR.CO.,
200Pena'cola&Atlan.RR.Co. 3'>e
40
1838. coupons on
10 Pittsb. Ft. Way no & Chlo.
$10,000 Williamsburg Gas L't
RR. special guar, stock. 145
115
Co., 1st, 6s, 1900, A&O
1.000 Mcmph.&Cna'st'nRR. 45
gimMwg
autX ^luawcial.
Spencer Trask &
BANKERS.
pros. 1
6
ALBANY.
Iowa Central—Keithsbnrg Bridge. The differences between these companies have been settled, mutual concessions
having been made. The Bridge people have waived the toll
contract and sinking fund provision, and the railroad company guarantee the six per cent interest on the outstanding
$591, CK)0 bonds, and will pay insurance, taxes and cost of
By this arrangement the Iowa Central effects
maintenance.
The Central
a saving for the current year of some $40,000.
Trust Company will in a day or two pay the overdue December, 1889, coupon on the Bridge bonds, and at same time the
coupon due in June next will also be paid. The Iowa Central
lease from the Chi. St. P. & K. C. of the track from Manly
Junction to Lyle (20 miles) has by mutual agreement been
abrogated, and a trafiic arrangement made with the Chi. Mil.
& St. Paul, making a short through line from St. Paul to
Kansas City.
A recent contract with the Atchison enables
8
10 American Exeh.Nat. Bk.l63
1st Nat'i Bk.of B'klyr...515
162
53 4thNat'lBk
30 Bk. of the Stateof N. Y..115
10 Lcath'rM.in'f ra' Nat.Bk.'245
189
80 Bk.of the Republic
410 Chatham Nat'lBk... 383-386
17 Nat. Bk.ofCom'oe. 21038-21112
44 Bk. of Now York, N.B.A.240
212 2I314
150 Bk. of America
101
25 Queens County Bk
76
300 'Tradesinens' Nat'l Bk.
21514
100 Mercantile Nat'l Bk
450 Phonix Nafl Bk. .138'8-139
100 Continental Nat. Bk. 140 14014
172
100 Nassau Bk
65 Am. Loan&Tr'8tCo.ll5-115i6
10 Fidelity & Casualty Co.. 151
55 N. Y. Life Insui-'co & Trust
700-700 12
Co
85 3d Avenue KR. Co..242-247»5)
192
20 6th Avenue KR. Co
220 N.Y.N.H.&Hart.KR.Co.249-i3
150 N.Y. Central RR. Co
IO718
1,124 Brookyln City RR. Co.,
The resources of the State are so large that
fe trifliog as compared with the ability to
it.
. .
and
N. V.:
1
8
Broad
Street,
SARATOGA.
TR.41VSACX A KENBR.AL
N. Y:
Co.,
New
TTorlc City.
PROVIDK.VCE. R. I.:
BANKING BUSINESS.
All cUisses of Securities Bought and Sold on O)mmlssion. Speoisl
attention given to Investment Securities. Direct wire 10 e.-ich oBlce
and to Philadelphia, Boston and Chicajjo.
SPEI lAI. NOTICES.
S^
$150,000 CITV OF FOSTOBIA,OHIO,
6PERCKNT
Waterworks Bonds and $136,000 City of Cleveland 4 percent bonds
and 6 per cent corporation bonds ,ivie offered by Messrs. Jokes & Failb,
Investment Bankers, of 135 Broadway, N. Y.
PBBCHT BROS. & Co.)
Egf
CirV
(Representing Laji-
AND COUNTY BONDS OF
^_^
WE8XBBN
Kkak & Co , oI
Municipalities are dealt In largely by Messrs. S. A.
oflloers IS
Chicago. The attention of Savings' Bank
at 115 Broadway.
called to these securities. The New York otHce is
New Yoik and
THE CHRONICLE.
378
'riic
To-day the rates on actual business were as follows, viz.
Bankers' 60 days' sterling, 4 813^@4 83, demand 4 84}^®
Bmxhtxs' ^iizttU,
4
DIVIDENDS!
The foUowiiic dividends have
[Vol. L.
843;^.
The
Cables4 85a4 85i4.
rates of leading bankers are as follows
March
Per
&
BulTalo
1
Payable.
6
pref..
& Bt. Paul prcl
at.
Valley (quar.)
Sh
Cliic. Mil.
LeWgh
When
Cent.
Kame of Company.
Rallroadia.
Soutliwestem
1 14
Manliattan
((iuar.l
N. Y. Cent.
&
I
II3
1
Oregon E'y
H. R.
(qiiar.)
it Xavlga'u. (quar.)...
Pitts. Younjfst'n
:
recently lieen announced
IHi
& ^slitabula pref.
1
!
I
Meh. 10 Feb. 2-2 to Meh. 10
April 16'Meh. 30 to April 16
April 15 Meh. 12 to
April
11 Meh. 18 to AprU 1
April 15 Meh. 16 to April 16
llMch. 16to April 1
April
I
Fire ln«uraiiee.
on dem.
J eflerson
3
Western Uuiou
H4
Tel. (quar.)
'April 151 April
JApril ISMch.
WALli STREET, FRIDAY, March
39%S39ia,6
Bremen (reichmarksl
40 8401,.
94'4®94%_
(giiiUlers)
Franktoi t or
94''9a96
—
The statement
I to April 15
21 to Meh. 31
for this
4X Per
1890-5
P. M,
Situation.— Tliere have
14,
5 2212' 5 217815 205835 20
Paris (francs')
Amsterdam
lVlisit-f«llaiie4»iii«,
Aansriean Bpll Telephone
4 85I3
Prime bankers' sterling bills on London.
4 82>«
Prime commcrciaV
4 80% 1*4 81
Documentary commercial
4 SOM 84 8012
United States Bonds. The market for governments has
been steady with an advance in the 4s and 4i,^s. Tlie purMeh. 24
chases by the .Secretary of the Treasury have amounted to
$3,274,0.50, of which S2,6'5,3.50 were 4 per cents.
Meh. 25 Meh. 15 to
3 "2
Demand.
Sixty Days.
15.
Books Closed
(D'lya tnetueive.)
week
is
as follows
:
4 Per Oentt Aue 1907.
Cents Aue 1891.
Prieft pan.
The Moin»y Market and Financial
been remarkable developments this week in the railroad daturday ..
»-33.I00
1031^
$530,900 $530,000
123
I23.1C0
710,2
i»,60a
89.50C
710.2001
123
world, among which the sale of Chicago Burlington & North- Monday
103H
97,-200
97,-200
65, WO
Louisville Tneaday...
«B,'100
123
103ii
iern and the complete change of management in the
181.600
161.500
75,750
75.750
103«
123
The Bur- Wedn'aday,
New Albany & Chicago were the most prominent.
275.0U0
275,000
905,200
906,200
12.1
103«
lington & Northern has been the most notorious rate-cutter Thursday..
1-23
298,100
104.000
101,000
298.100
103J4
of the Northwest, and its final acquisition by the Chicago Bur- Friday
Total.
{638.700!
103^
..
2,615.350 »2,ni^,350'
lington & Qnincy is ranked by some persons as being an event
t05.''.700
of scarcelv less importance than the famous reorganization
The closing prices at the N. Y. Board have been as follows
of West Shore in 1885.
The Louisville New Albany & Chicago conti'ols a system with lines reaching from Chicago to
Mar. Mar. Jtar Mir, Mar,
Interest Mar.
Indianapolis and Chicago to Louisville and thence southeast8.
10.
11.
Periods
12.
13.
14.
erly by the Louisville Southern and other leased lines to and
reg.Q.-Mch. '10314 *10334 10314*10314' IO3I2 'I03hi
beyond a connection with the Cincinnati Southern. It 412S, 1891
ihs. 1891
coup 'Q.-Meh. riOSia IO313 IO312 IO312 ]03i2'*103ifl
has had the reputation, whether justly or not, of dis- 4s, 1907
.2is» 121%
reg. Q.-Jan *121% *12134 122 1*121%
turbing rates, and the present change" of management 4s, 1907
coup. iQ.-Jan. '122^4 '122% * 122% '122% 122% l--'3
*116
116 .'llti
reg. J. & J. *116
116
116
believed
to
be
the interest of one or more 6s, eur'cy,'95
is
in
*118
J.l*118
118
118 i*llS
118
of the gieater systems, though precisely who are the 68, cur'ey,'96....re2-. J. &
*120
120 1*120
120
6s, cur-cv.'97....reg.'J. & J.i*120
120
O/erings. PurcVe*. Pricta paid.
Offerings. Purch'ea.
.
:
.
1'
I'
parties interested has not yet conie otit.
The stock is
rendering the control of a majority a comparatively easy matter. These two operations, accomplished
a single week, are far-reaching in their bearing upon the railroad situation in two different sections of the country, and in
periods of ordinary animation they might have been used to
advance the stock market to 10 per cent.
At the Stock Exchange the interest attaching to the small
corner in Reading overshadowed everything else. The details
are referred to below, but the whole operation is chiefly interesting as showing how a stock of nearly §40,000,000 can be
manipulated and worked up considerably above the price of
the income bonds of the same company, without any regard to
its actual value or to the present facts touching the earnings of
the road.
The Bank of England rate has been reduced to 4 per cent,
and Secretary Windom has purchased $3,274,050 of bonds this
week, both these matters having a favorable bearing on our
main
only
§.'5,000,1)00,
m
.'
63, curVy,'98....reg.'J.
6s, cur'jy,'9J....reg.'J.
*
i-
J.
*123
*123
123
'123
I'
&
J.i*125
i*l'25
1-25
1*125
r
This I3 th e price bid at the morning hoard
-,
no
sale
123
125
'123
'125
was made.
State and Railroad Bonds.— Dealings in State bonds at
the Exchange continue limited. The sales for the week were
$5,000 Ala., class "A," im}4-^4
$10,000 Ga. gold 7s, 102i^;
$16,000 Tenn. settle. 3s, 11%%^, and $5,000 settle. 63 at 104^ ;
$1,000 No. Car. consol. 4s, 95^ a decline of 1}^ per cent.
Railroad bonds have been active and strong. Among those
specially active were At. Top. & Santa Fe new 4s and incomes and Atl. & Pac. incomes the At. & Pac. guar. 4s also
When the result of the L. N. A.
shared in the advance.
Chic, election was announced Wednesday afternoon, the consol. 4s, which had sold at IO414', developed sudden activity
and dropped to 102, falling still lower on large dealings ThursThey were partially supported, however, and
day to 100.
soon recovered some of the decline, closing to-day at lOlJ^.
The selling was understood to have been by friends of the old
money market.
The open market rates for call loans during the week on management, who were dissatisfied with the change. The
stock and bond collaterals have ranged from 3 to 5)^ per cent, leased line (Lou. So.) Ists also fell off materially during the
with 43^ per cent as a fair average; to-day the rates were week. On 'Thursday Ft. W. & Den. Ists were quite active and
advancing. Reading issues are firm. Mo. Kan. & Tex. new
'^H®ip- c. Prime commercial paper is quoted at 5@5i^ p. c.
The comparison of prices for Exchange memberships this 4s (interim certs.), which appeared in the unlisted department
on Wednesday, have been active at lo%(alQ}^.
month and in March, 1889, are as follows
;
—
;
&
:
EXCUAXGE MEMBEESHirS
Mai'.,
Exchange.
ifar..
1890.
1889.
Mew York Stock Exchange
Ke^ York Consolidated Stock & Petroleum Exeh...
Kew York p roduco Exchange
Kew York Cotton Exchange
Ifew York Coliee Exchange
Kew York Rial Estate Exchange & Auction Room..
$22,000
700
$20,000
290
1,250
1,000
950
625
650
640
1,175
Boston Stock Exchange
Philadelphia Stock Exchange
1,200
12,500
11,000
3,000
1,300
Cineago Board of Trade
The Bank of England weekly statement on Thursday showed
a gain in specie of £173,000, and the percentage of reserve to
lifibilities was 51-03, against 48-93 last week; the discount rate
was reduced to 4 per cent. The Bank of France lost 435,000 francs in gold and 200,000 francs in silver.
The New York Clearing House banks in their statement of
March 8 showed a decrease in the surplus reserve of $3,153,850,
the total surplus being $311,350, against $3,364,200.
1890.
Mar.
Capital
Surplus
Loans and
8.
60, 862,700
57, 620,900
disc"ta 400, 230,100
Circulation
Net deposits
Specie
Xiegal tenders
Differen'afrom',
Fret. Keel;.
..
..
1889.
Mar.
9.
60,762,,700
53,142.,100
1888.
Mar. 10.
.
.
Deo 3,480,800 417,070,,300,369, 197.100
3,
i
|
Reserve held
Legal reserve
Surplus reserve
.
I
211,350 Dec.2,152.850:
:
m%
472,7(K» Inc
122,000
4.354,,100
7, 632,500
410, 806.200 Dec, 7,813,000 438.770, 800 378. 157,600
77, 365,900 Dec. 2,481,300 82,976,,100i 74, 392,300
25. 547,000 Dec. 1,624.800 35,264, 900 31, 634,400
jl02, 912,900 Dec. 4,106,100 118,241, 000 106, 026,700
,102, 701,550 Dec. 1,953,250, 109,692, 7001 94, 539,400
\
Railroad and Miscellaneous Stocks.— The market on
Saturday the 8th was fairly active, led by Reading at
advancing prices, and continuing on Monday, the sales of
Reading on that day aggregating 266,690 shares, of which
68,420 were "cash." The shorts had been cornered by the
pool operators, and the price ran up to 4^1% regular and 435^
lor cash, and at one time there was a difference between the
sales cash and regular of Z% per cent. The dealings continued
active on Tuesday, but by Wednesday the shorts had largely
covered, the price gradually falling off; it closes to-day at
^^%. On Wednesday afternoon the news telegraphed from
Boston that the Chic. Bur. & No. had been "taken over" by
the C. B. & Q. gave new life to the market. Prices throughout
the list advanced, the most substantial gains of course being
made by the grangers, C. B. & Q. jumping from 104 Jg to 107i^,
and reaching 108 J ^ Thursday; and St. Paul (partly on account
of the increase in the pref. dividend to 3}^ per cent) rising to 70.
The closing prices of the grangers last Friday and to-day were
as follows, the higher prices being those of to-day Bur. & Q.,
10434' and 107; St. Paul
and 69; Northwest, 109?^ and 110^^
Rock Island 91Jg and 93%. At.T. & S.F.,on active sales, reached
the highest point of the year 36}^ on Thursday. Manhattan Elev:, on the declaration of the cash dividend, advanced
to 108 Thursday and closes to-day at 101%. South. Pacific
8.548,30o' 11.487.300
Foreign Exchangre.— Posted rates have been still further
reduced this week to 4-82}^ and 4-85>^, and the market though
dull is steady. The Bank of England rate was reduced to 4
per cent, and the princi])al reason given here for easier rates of
exchange was the marketing of maturing bills.
;
—
from 31 last week to 3.5J^ 'Thursday
On heavy sales
Thursday (due, as reported, to hquidation by the Jolin T.
Lester estate) Chicago Gas Trust fell to 41}^, but closes to-day
at 43J8' Lou. N. Alb. & Chic, (noted this week for its change
of management) sold on Monday at 54i^, and down to
45% on 'Thursday the total transactions, however, embraced
only a few hundred shares, and the price had little real significance. Tenn. Coal & I. still further declined, on heavyrose
.
;
sales, to 46. closing at 483^.
The Trust stocks have been without feature this week, business being on a limited scale, and prices within a narrow
range, except for Pipe Lines, which are down to 891^^ to-day.
It was rumored that the Sugar Trust dividend would be paid,
but this was afterwards contradicted.
mabch
IHE CHRONICLE.
mo.j
15,
STOCKS-PRICES AT
N. T.
STOCKS.
STOCK EXCHANGE FOR WEEK ENDINW 9IARCII
HIGHEST AND LOWEST PRICES
KK.
Stocks.
83 Sg 33 'e
*73>4
24
61
pref...
Chicago Milwaukee &St. Paul
Do
Chicago
Do
91>a
*17%
•Si's
*31
prei..
St.
Paul Miu.
& Om..
92
pref.
& St.
Now Alb.
52
105
Chioago ...
Manhattan Elevated, cousoL.
Michigan Central
Mllwaulfee Lake 8h. & West..
Do
& Texas
Do
Do
.
•691a
<fe
Do
•6OI4
pref
pref
Ohio & Jlississippi
Oregon Sh. L. & Utah North.
Oregon & Trans-Contiuental..
Peoria Decatur &Evausville.
2OI4
•46
3658
•18
3734
Phlla.& Read. Vot. Trust. Cert.
25%
61%
8%
73
23I4
17%
Do
7
•27% 29
•19% 20
"60
61
7
29
20
61
2014
48
•46%
3714
ISH.
3812
t38%
36I4
18%
20%
•82
& Manitoba
Ann Arbor&N.M
Union PaclUc
Wabash, new
Wabash, preferred
Wheeling & Lake Erie
Do
do
pref.
Wiscon.sin Central Co
niiscellaueoiiK Stocks.
Chicago Gas Trust
Colorado Coal & Iron
Commercial Cable Co
Consolidated Gas Co
63»8
12
2614
3418
70%
2914
6412
I212
261a
34I2
7OI2
12
25%
34
7014
29%
96
'.'.'.'.'.'.
Pacific Mail
37%
Pullman Palace Car Co
•191
Amer.
12
National Lead Trust
Pipe Line Certificates 5.
Bugar Keflneries Co
*152
15
•85
1" •140
•J
Inactive Stocks.
Chicago
&
&
Cable.
*
•4%
Pacific
120
120
984
905
,
18»0.
1,
1890.
HighMt.
20 14
2038
20 14
93
93
70% 7136
99% 99%
2058
325s
33I4
71
7168
99% 100
20% 2114
135% 137
136% 137
32
32
32% 33% 33% 34%
•8% 9%
•8%
9%
8% 9
71
73
'71
23
23
23
71
72
•23
72
23
23%
•86
88
88
83%
843t.
83% 84%
51
51
•86
83*8
88
50
83%
44% 45%
17 "4 17%
45%
4614
46%
4738
1758
17%
18
18%
•7
714
•60
•30
I914
61
714
•28% 29% "29" "29"
*19% 20
•19% 20
•60% 61% 6158 6I59
90
33
31
7438
20%
47%
37%
20
39%
2158
78%
104%
18%
38%
90
33
156 '131
117 *11?i
87%' '85
145 *140
85
5
I214
26I4
26%
3433
7036
3414
7038
2638
3438
263f.
34%
70%
29% 29%
4333
150%
106
46
96
34%
•102% 103
,
27%
37%
18%
2714
2714
2714
27H
37
18
37
37 14
37 14
18%
18%
931.1
9238
9353
68%
67% 08%
136
TIT
^87%I
143
131
116
153
116
83
"4% 5
•120 132
•
*130
,•115
143
84
1
8.5
143
84
itn
1838
92% 93%
68
HTlo
STlfl
mo
•821a
?4
1%
*ioa
3638
35
93% 93% 93% 96
I5OI4 ISO's •150 151
103 105
105 105
4358 45%
44
44
93 90
•93
90
98 14 100
99% 99%
38
38% 38% 38%
"190 192 '190 192
56
57% 36% 57
102 102 •102 105
82
82% 82% 82%
95 14
36I4
2714
43% 44%
44% 4514
44 14
103
19% 20%
63 5^ 6158
13
1314
2738
27
70% 70%
29% 3034
44%
44
103
3758
192
20% 205r
35% 36%
63
64%
12% 13%
6914
156
117
871,3
144
85
5
1QQ
7014
30%
3314
7014
3II4
41% 4434
44% 46%
102%
96
103
96
Mar.
Feb. 21
100
4238
43%
54,986
7,310
44
45%
102% 103
47
•93
96
100
'
3
4
17
lOO
2714
27%
27
3714 38
300
18%
93%
67% 69
9038
'130
156
'loO
113% 115% '115
aa
•MO
82
m^
CO
143
1
sgnJan.
.Tan.
Jan.
Jan.
Feo.
1,110
92%
841
2
2
2
1
860 4368 Mar. 12
90 Mar. 3
"220 97 14 Mar. 3
47
96
101
27
aa
-140
136
117
do
145
fila
0
3
27
27
29
18
25
85
300
10,405
r,<KJ.ooo'
16%
91%
50
59,293
I^lo
85%
\-Lt
6
32 151
15 II314
32 84
20 135
31
1
31
7
8
2»
lO
13
28
23
23
4
8
27
28
1
14
27
6
3T
29
29
1
4
9
25
29
28
27
28
28
2
27
27
7
30
8
31
26
2»
8
18
T
9
8
27
10
28
28
27
13
23
10
38
8
8
22
10
25
28
28
24
31
16
7
27
2»
Fbb. 19 156 Jan. 31
Jan. 4 116% Feb. S
Jan. 6 90 Jan. 31
Jan. 7 144 Feb. 7
55 129 Mar.
238 Jan.
100
4i4Jan.
106|
440 13 Jan.
380 46 Mar.
96 .Tan.
115 244% Jan.
6
50O
13
7
3214 Jan. 4
41% Jan. 28
21 22% Jan. 27
Feb.
Mar. 4 108, Feb. 6
Jan. 10 69% Feb. 1&
565' 84 Mar
7
410 436 Feb. 27
"256
28
28
24 Feb. 21
36i4Mar. 4
4,670
1
4838 Jan.
51% Feb.
Jan.
97% Jan.
13314 Jan.
100 Feb.
48 Jan.
95 Jan.
101 Jan.
41% Jan.
193 Jan.
89 Jan.
119 Jan.
85% Jan.
17 103
1
85
9
27
27
27
28
117% Mar. 13
112% Jan. 27
19 9868 Jan. 4
16 18i4Feb. 26
13 53 Feb. 2«
41% Mar. 13
1(19
92
845 147
96I4
38% 38%
18% 19
89% 90%
66
67%
I8I4
H
»
21
3 143 14 Jan.
3759 38%
4,540 3«iaFpl>. 27
307 187 Feb. 2-*
191% 192 190% 192%
33% 56% 4714 51% 22,0081 4714 Mar. 14
300 100 Jan. 21
102 102
82% 83% "82% "83'" 13,894 SlUMar. 5
38% 39
4%
i
3
Jan.
Jan.
Jan.
453* Jan.
10868 Jan.
3756, Ian.
88 Jan.
71 U Jap.
27%
05%
7
95%
45% 45%
1
3
4
35
6 35 Jan.
19 97% Jan.
21 7369 Jan.
99I4 9914
•2,100 96
Feb. 17 100 Mar.
2059 21
2,270 18% Jan. 13 23% Jan.
13558 I36I4 82.119 134% Jan. 7 13839 Jan.
33
33% 5,655 30% Mar. 1 36% Jan.
"8%
914
620
8% Feb. 23 10 Jan.
73
73
10 67 Jan. 6 74 Feb.
•23
23%
706 2014 Jan. 20 24 Feb.
114% 114%
385 114% Mar. 14 120 Jan.
•17% 18
1,628 17 Feb. 2- lOUFeb.
62% 6358 4,050 62 Mar. 1 68 Jan.
106 10658 21,301 104% Jan. 13 106% Feb.
-86
88
59 86 Mar. 1 91% Jan.
83"4 83% 48,571. 82i4Feb. 24 914 Jan.
47 14 49
3,790 37 Jan. 13 54% Mar.
106% 107%
8,064 100 Jan. 14 108 Mar.
96
96
1,366 92 Mar. 4 96 Jan.
•90
93
400 91% Mar. 3 104 Jan.
•131 113
142 110% Feb. 5 117 Jan.
8i4
100 6
Mar. 3 11% Jan.
•IOI4 11
500 10 Feb. 14 1258 Feb.
73% 74% 47,926 70% Feb. 17 76I4 Jan.
I6I4
'15
309 13 Jan. 7 18% Jan.
10214 IO314
303 102 Jan. C 104 Feb.
107%1085h 5,390 106 Feb. 19 10869 Mar.
1634 17
1,57C 16 Feb. 24 18 '4 Jan.
70% 70%
380 70 Jan. 7 71% Jan.
38% 39
660 36 Feb. 21 39% Jan.
25% 25% 8,405 23 Mar. 3 27% Jan.
6314 6314
610 60 Jan. 21 65i4Jan.
47
48
35,400 4314 Jan. 7 49i4Feb.
18
18
3,220 1714 Mar. 1 1 2014 Jan.
6% 6%
330
6% Mar. 14 7% Jan.
•29
30
300 27 Feb. 27 31% Jan.
"19% 20
30 19% Mar. 7 2238 Jan.
•60
61
100 59% Mar. 5 63% Jan.
•30
31
1.037 30 Jan. 13 335s Jan.
X7258 73%
9,131 72 Feb. 2» 7633 Jan.
•2014 20%
400 20 Mar. 10 22% Jan.
47
47
1,030 43 Feb. 2^ 56 Jan.
3668 37% 15,486 33% Jan. ^ 38% Jan.
*18i4 20
723 16% Jan. 17 23 Jan.
39
40% 442,385 33% Jan. 13 4314 Feb.
2II4 14,285 20 Feb. 21 23% Jan.
21
•77
445 76 Jan. 1> 80 Feb.
79
•104 1C5
435 104 Feb. 17 108% Jan.
•17
19
230 16 Jan. 11 19 Feb.
3838 3836
560 36% Jan. 27 39% Feb.
90
90
73 87% Feb. 11 96% Jan.
150 30% Mar. 1 34% Jan.
«<?
-Tail. IT
83 Jan.
"727 116% Feb. 2- 115 Jan.
il2% il2%
34
34% 6,010 2.')i<iMar. 3 33% Jan.
11,235 19% Feb. 2ii 22% Jan.
19% 20
36I4 37
3,700 30% Jan. 4 3733 Feb.
63
63% 96,179 62%Mav. 1 08% Jan.
12% 13% 1,100 12 Feb. 25 14 Jan.
27
4,320 23% Mar. 1 29% Jan.
27
34% 35
7,075 30i4Jan. 11 35i4Mar.
7OI4
70
2,215 67 Feb. 24 7138 Jan.
29% 29% 5,410 23 Feb. 17 3638 Jan.
15058 15058 150 150
10533 10338
105 105
•93
24,
58
650 26% Feb.
56 M Jan. 28
127% Jan.
7,
37%
1,425 70 Feb.
75
69% 114,462 06% Mar.
117
3,125 113% Jan.
111
18,960 107 Feb.
14168
3*15 140
Fob.
94% 83,530 88% Feb.
17
100 15% Jan.
53
1,270 43% Jan.
3238 3268
1,700 31 Mar.
•93
130 92 Feb.
71 14 11,000 66% Feb.
71
1
8
32% Mar.
22% Feb.
6869
93%
36% Mar. 18
77% Jan. 15
Jan. 13
Mar. 5
Feb. 27
Feb. 4
52,3::7 10158 Feb. 21
Alton
*ioa iQQ >ioo 1 q.i
1*>9% 130
'129 134
Cin. « ash. & Bait.—Trust roc.
•258
2%
258
258
-2% 2%! •-•% 2% •2% 2%' *2%
258
Do
pref.— Trust rec.
•5
5%
5
5
^4% 3%: '4% 514
5% 5%
5%|
Columbu.s & Ilocklug Coal
•18% 19
•1834 19
'18% 19
18% 19
19
19% ^1834 19
Denver & Klo Orandc. pref..' •46% 47
•46
47
46
46
46% 46% 47% 47%'
EvausvlllcATerre Haute..
103 107 •lOS 107 *103 107 •103 107 103 107
103 107
Jiew York New Hav. & Hart. 249% 249% 248 250
249% 230 i*249 251
250 250 '219 251
Quicksilver Mining Co
6I4
6% •6
014
6% ^6
6% "O
6%
Do
do
Pref" 34
36% •35
36% 35
36% '35
36% 33
37
36% •35
St. Louis Ark. & Texas..
•314
•3
4%
4
4%
4%
Texas & Pacific Land Trust '! •19% 20
'2614 ioU "2614 "2614
"26" "26"
20I4 2014 •19% 20
These aretbc prices bid and aeked: no sale made at the Board. § Prices trom boUi Ezobaugea. t Cash,
.
Lowest.
6,i'd9
74 14
76
70
75
69
13638 137
•12
99%
37%
191% 191%
3734
27% 27% 2714
•36
37% 36
I8I4
18
17%
94% 95S4 92%
6SI4
66%
66%
Cot. Oil Trust receipts.
Distillers' & Cattle F. Trust
Atlantic
31% 82%
19% 2014
35% 33%
02% 633?
OTriist Storkt., (Unlisted.).
&
1,
1
33
84
'.
American Telegraph
695e
•88
& Iron
56% 57% 56
57
Do
do
105 •102 105
pref •102
Western Union Telegraph
82% 82% 81% 823t
Co
75
'.'.'.'.'..
29% 30
95 14
Delaware & llud.son Canal...
149
Edison General Electric
•io5%
106
Oregon Improvement Co
45
45% •44
Do
•93
pref. "93
96
Oregon R'y & Navigation Co •98% 99% •98%
Anfferican
United States
Wells, Fargo &
JAN,
Bange Since Jan.
80,720 30%
1,000 72
5,07 5 52%
1,824 113%
'32% 33
2438 24% •23% 2414
31
30% 30% 30%
73% 73% 73% 74
73%
•20
20
20% £0% 20% •2014
43
45% 46% •45% 46% 46%
37
3614 36%
36% 37
36%
18% 18
18
19
19% 19
41% ;3838 393? 3858 3938 39
21
20% 21
20% 21% 2114
79
7914 79 '4
78% 78% 78%
IO514 103% 103% 104% 104% 104%
17% 17% 18%
"39" "37"
•37% 38% 38
4358 44%
44
44%
45
4538
44% 45
•10212 103 •102% 103
95%
Exprens Stocks.
Adams
74
67%
31% 31%
93% 93%
70
70%
99% 99%
I914
20% 2OI4
35% 35%
62% 64
20%
35% 35%
2038
Tennessee Coal
I2014
ii2"il2'" 112% 112% •11214 il2% il2" il2" •il2" il3"
3II4 31%
31% 3258 32% 3338 33% 34% 34
35%
Bouthcru PaiilicCo
Texas & Pacific
Tol.
24%
00% 60%
40% 40%
2138
68 14
28% 29
30% 30%
73%
73
20
pref
PaulMlnnea.
82%
•7
•1714
714
78
Do
79
pref. •78
Rome Watertown & Ogdeusb'g IO414 105ii 105
•17
Louis & San Francisco
fit.
19
37I2 37I2 •37'
Do
l)ref.
Do
Istpref. •88
90
31 33'
Bt. Paul & Duluth
Bt.
120
74%
67%
86
88
8414
44% 45%
17%
45
20% 21
Blchmond&WestP't Terminal
24->H
35% 36% 33% 36I4
73% 7358 •72% 73 14
55
54% 54%
7
30% 30%
7338 73%
Northern Paclflo
Do
14.
5468
51
45% 49%
105% 105% 103% 106% 100% 107
107 108
93 14 95%
•92% 93
9338
95
95
93
*90
•90
92
92
91% 91
92
92%
•111
113
112 112
113% 113%
113 113
8I4
8I4
•8
7"
7
8% '7
•10% 11
•10% 11
10% 11
11
11
73
73% 73 14 74 14 73% 74% 7414 75%
'15
16% 13% 15% I514 I514 15
15
103 103
103 103 •IO214 103 14
106% 106% 107 10738 107% 107% 107% i07%
•16% 17
I714
16% 10% 16% 16% 17
70
70
70
70
70% 70% 70% 701.
37% 38I4 •37% 38 k 38I4 38% •38I4 39%
2514 2538
2538 25%
25% 26
25% 26I4
•61
62% 61% 61% 62
62
62% 62%
3812
. .
3168
80
70
371a
2558
New York Lake Erie & West'
Do
pref.
611a
New Y'ork & New England
44%
1758
New York Ontario West.
New YorkBusquehan. & W est. 7
Do
pref. •271a
1912
Norfolk & Western
341% 86
7339 T3»8
5438 64%
116
8338
16% 16%
Louis.
Istpref.
2d pref.
2414
•73
75
66% 67%
52% 54%
trust receipts.
Missoui-i Pacific
New York OWc. & St.
•73
•114
23%
8I4
•7
345h
735„
54:'h
115% 115% •114% 115% 115%113% •114% 116
17% 17% I714 I7I4 I714 17% 17% 18%
63
63% 63
63 14 633e 6358 63% 64I4
104% 104% 105 105% 106 10638 105% 10636
11 Ills
7338 74 18
16 17
Mobile i Ohio
Nasliv.Chattanooga& St. Louis *101 103
New York Central & Hudson. 106% 1U7
Do
March
13.
>«
1.8%
•71
52
105
95
92
113
•93
•90
pref. •110
Missouri Kansas
Friday,
60
60% 60%
61
61
60% 60%
40% 40% 4OI4 40%
40% 40% 40
40
104% 104 105
104% IO7I4 107% 108% 106% 10738
•28
29% 28
29% 29% 29% 30
30% •29% 30%
69% 70
98% 99
20% 2038
135% I3714
32% 32%
L...
it
2408
6OI4
•92
W
I/Ouis.
3414
7358
54
104
•31
Si's
69^8 7038
pref.
991a 9912
Do
ColumbusHocldugVal. &Tol. •2014 22
Delaware Lackawanna .KWest 13559 13HH!
3238 3278
Denv. Tex. & Ft.
. .assented
8»8
81%
East Tennessee Va. & Ga
72I2
1st prof. *71
Do
Do
2d pref.
221a 2212
*114 II5I2
Illinois Cent rai
*17
1712
ZiSlie Erie &Wostern
63 14 63 14
Do
pref
10518
Lake Shore & Mich. Southern. 104'e
*86
88
Ix>ng Island
8438 8518
IiOur3villo& Nashville
Clove. Ciuoln. Clilo.
March
12.
AND SINCE
Sales
of the
Weelt,
Shares,
116 116% 116% 117% 117% 117% 116%
IIOI4 10914 1095e IO9I4IIO
I10%111
111 11168 110%
143 X1403814038 •14'J 141
14168
110% 140% 141 141
91^8
90% 91% 90% 9258 91% 94
93% 93
93%
18'4 •17
•17% 18
•1758 18% •17% 17%
18
17
52J4
50
51% 51
51
52
52% 62% 52% •51
115
143
pref.
Do
2414
61
loo's
& Nortli western
Do
March
11.
Thursday,
11938 •118% 119% n80sl20
•32I4 83
•32% 32% •32% 33
2438
115
pref.
Chicago EoclcI.slandAPaoitic.
Cliloago St. Louis & Piitbburg.
Chicago
Wednesday,
119
119
S3
10458 105
•28
20^
•73
74%
6738 6H^
.
34%
•53% 64
39% 40
Chicago Biirlinglon & Qiiiucy
Cbicajco & Eastern Illinois
.
3338
64
*32>4
2d pref,
Do
March
10,
73 14 73 14
733i
64
110
Centrai of Now Jersey
Central Paclflo
Chesapealce .to.— Vot.Tr.cert
Do
do Iflt pref
do
March
8.
Tuesday,
11,
1
Atchison Top. & Santa Fe. ..
Canadian I'acillc
Canada Soutlicm ............
Do
Monday.
Saturday,
March
Active
^1^
35%
3
19
39% -4258.
Feb.
Feb.
Mar.
Mar.
}
87 Jan.
5 14 Mar.
6 135 Jan.
3i4Jan.
25
3
Ok Jan.
10 20 Jan
11 5138 Feb.
17 108% Feb
10 252 Feb.
,-UJan.
25
3934 Feb
1
4
7% Jan.
6 23i4Jan.
Cash, 3358—4014.
27
14
24
13
14
27
1
1
4
«
7
8
27
THE CHBONICLE
880
INACTIYE STOCKS—Quotations
Bid.
Alb'ny&Susq
160
BeU.&So.Ill.pf 100
Buff. E. &PiU?.
jiref.
do.
Biirl.C.K.&No.
Bid.
Ask.
170
1
7652
77
25
3
35
Cedar F. & M.
5
C1.& Pitt9.i;u.. 1541s 156
Des M. & Ft. D.
5
7
DesM.&F.D.pf 18
25
I6I3 22
Eliz. Lex. &B. 8
G.BayW.*8t.P
HouB.&Tex. C.
61a
4
1
1
Man. Beaoli..-!
Mar.H.&Ont'n'
pref.
do.
Milw.
& North.
I*
10
25
612 Oliio Soutliern.
W.&C
15
9508
I
55
Range
Closing.
I
Pitts. Ft.
Pitts. &W.tr.ro
W.pref
Pitts.
&
\Mar. 1 ilar.Xi:
sinct Jan,
Lowest.
8318 Mar.
81"s
At.Top.i8.Fe.— lOO-y'r 4a,1989 84
1989 54%
57%
54% Feb
100-year income 58
14»8
12 Jan.
Atl. <S I'ae.— W. D. inc., 68, 1910
71iab- 74 b. 7013 Feb.
Guar., 4s, 1937
Can Soutb.— Ist guar., 53, 1908 1081s |108i2 107 Jan.
97 Mar.
....
96 b, 9733
.....
2d 58 1913
Central 'of N. X— CoiJ8"7'sVi'899. 120 b, 120 b. 120 Mar.
129 a. 124 12 Jan.
Convert. 7s. 1902
lllM 1IIII4 111014 Jan.
General niort., 5s, 1987
Leh.&W.B..con.78,1900,a3'nt 11314b 113 b. '113 Mar.
103 Jan.
101%a.
do. Mortgage, 5s, 1912
Am. Doclt & Imp., 58, 1921 ... 1091s 109 isa. 107i2Jan.
Central Pacific— Gold 6s, 1898. 11714b llOiab. |H2 Jan.
102 '4b.
101% Jan.
Land grant Os, 1890
misa! 115i2Jan.
Ciies. & Ohio.— .Mort. 68,1911..
1939
100 "4 100 la 100 Mar.
Ist consol. 5s,
109 to, '1O8 b. 110 Jan.
Ches. O. & 80. W.-68, 1911
127 b. 126 Jan.
Chic. Burl. & Q.— Con. 7, 1903.. 127
10312b 104 b. 104 Feb.
Debenture OS, 1913
9214b 94 b. 92^8 Feb.
1922
Denver Division, 48,
92%
92 Jan.
Nebraska Extension 4s, 1927. 92'8
Chic. & E. 111.— 1st, 8. t., 6s, 1907 118 a, tll6>a II6I2 Feb.
118 Feb.
Consol. 6s, 1934
96 b. 95 Feb.
General consol. 1st, 5s, 1937.. 97
90% Jan.
Chic. Gas. L. &C.— 1st, g,58,1937; 93
127
12458 Jan.
Chic. Mil. & St. P.— Con. 78, 1905; 126 b.
Ist, Southwest Dl v.— 6s, 1909 114 b. 114 b. II3I3 Mar.
113 Jan.
1st, So. Miu. Div.— 6s, 1910 .. 1143bb. II412
106 "4b. 105i2Jan.
1st, Ch.&Pac.W.Div.— 58,19211 107
10214b. 102 14 Jan.
Chic. & Mo. Kiv. Div.— 5s, 1926 1021a
10314b. 103
Wis. & Minn. Div.— 53, 1921 .. 103
Jan.
103%b. 10313b. 103 Mar.
Terminal 58,1914
141 b. 142 Feb.
Chic. & N. \V.— Consol. 7s, 1915. 142
126 lab. 127 b. 126 Mar.
Gold, 78, 1902
116 b. 116%b. 11513 Jan.
Biukiug fund 6s, 1929
Biuking fund 5s, 1929
108 -ab. 108%b. 107i4Mar
Sinking tuud debeut. 5s, 1933' 11012b. 110%b. 109 Jan.
107%b. 105% Jan.
25-year debenture 5s, 1909... 108
96i2b.
Extentiou 43, 1926
96 Jan.
"94"b. 9113 Jan.
Chic. Peo. & St. L.— Gld.5s, 1928 9318
130 b. I2914 Jan.
Chic. R. I. &Pac.— 63,coup.,1917. 1301a
104^8 10478 IO413 Jan.
Extension & col. 03, 1934
Ch.St.L.& Pitt.— l8t,con.5s,1932 104 b.
100 Jan.
Chic. St. P. M. & O. -Con.0s,1930 121iaa. 12114b. I2013 Feb.
Cleve. & Canton— 1st, 5s, 1917. 92 b. 94
92i3Mar.
C. C. C. & I.— Consol. 78. 1914.. 135 a. 135 a. 1321s Mar.
General consol. 6s. 1934
II714 Feb.
Ck)!. Coal & Iron— l8t 6s, 1900.. 104 b. 104
IO3I3 Mar.
74%
Col. H.Val. &T0I.— Con. 53, 1931 73
73 Mar.
General gold, 6s, 1904
70 b. 74
73 Mar.
Denver & Rio Gr.— 1st, 7a, 1900 119 a. 118>ab. II8I3 Jan.
78I4
78ie
1st consol, 43,1936
7612 Jan.
Det. B. U. & Alp.— l8t.g.,6s, 1913 100 a. 99
99 Mar.
Det. Mac. & M.— Ld.gr.3i38, 1911 36 b. 3613b 36 Jan.
Dul. 80. Sh.& Atl.— g., 58, 1937. 9312b. 94
92 Jan.
E. Tenn. V. & G.— Con., Ss, 1956 106 14 106
IO313 Jan.
llOiab.
Kuoxv. & O — lst,6s,gold,1925 112
Jan.
9612 1081a Mar.
EUz. Lex. & BigSau.— OS, 1902. 96
95
Ft. \V. &Denv. C— Ist, Os, 1921 lOSiab. 106 14
IO313 Feb.
9408
Cal H.&SanAnt.— W.Div.l8t,58 94%
93 14 Feb.
llOiab, 11458 Jan.
Gulf Col. & San. Fe— 1st, 78,1909
Gold, 6s, 1923...
76 b 7418 Jan.
Han. <Si St. J03.— Cons. 68, 1911. 116 b. 116 b, 117% Mar.
Illinois Central— 4s
1 952
10113b 100% Jan.
111 b, 10914 Jan.
Int. (fe Gt. No.— Ist, 63, gold, 1919 Ill
Coui)on, 6s 1909
77 a. 75 b. 7314 Jan.
Iowa Central— 1st os, 1938
85 b. 8513
85 Jan.
Kentucky Cent.— Gold 4, 1987.. 8414
85
84 Jan.
Kings Co.El.-lst.ser.A, 58,1925 104 a. 105 a. 104 Jan.
82I3
Laclede Gas— Ist, 5s
1919 83
81% Mar.
L. Erie & West.— Ist, g., 58, 1937 110 b. 112 a, 110 Feb.
Lake Shore.-Con.cp.,l8t,7s,1900 125 b. 125 b, 124 Jan.
Consol. coup., 2d, 78, 1903
124 b. 124%b, 123% Jan.
Long Island- Ist, con., 5s, 1931 116
115% Mar.
General mort., 48, 1938
96 b. 96 b. 9712 Jan.
Louisv. & Nasbv.— Con., 7s, 1898 118»ab. llSifib. 115 Jan.
N. O. & Mob.— 1st, 6s, 1930. 11814 b. 118 b, 11514 J.an.
do.
2d, 6s, 1930
109=8b. lOOSsb 106 Jan.
E. H. &N.— 1st, 68, 1919
114iab. llHsb. 113
Jan.
General, 6s, 1930
115 b. 115 b. 113 Jan.
Trust Bonds, 6s, 1922
110 b. llOisb. IO913 Jan.
50-vear58, 1937
109 b. 10912a. 10512 Jan.
CoUat. trust 58, 1931
108 a. 10712a. 104% Jan.
Louis. N. A. & Ch.— Ist, 68, 1910 117 a. 114 b. II413 Jan.
Consol., gold, 6s, 1916
103 b. 10113 100 Mar.
Louis. South., Ist g. 68.. 1917 97
95 Mar.
Ix>ni8.8t.L.&Tex.,lstg.63.]917
98
97i4Feb.
Metro. Elevated— 1st, 6s, 1908.. II313 II3I3 112 Jan.
2d, 68, 1899
106 'sb. 108
10578 Feb.
Mich. Ccut.— 1st, con., 78, 1902. 1271s 128 a. 126 Jan.
Consol., 5s, 1902
lllisa.
MU. Lake 8h. & W.— 1 st, 6s, 1921 122 b. 12212b. 111 Jan.
121 Feb.
Conv. debenture, 58, 1907
10113b. I01%a. 101% Jan.
Exteu.AiIinp. 8.f.,5s, 1929... 102
101%b. 101 Jan.
Milw. <fe North.—M. L., 6s, 1910 11H« 11114b. IIOI4 Feb.
Ist, Con., 6s, 1913
10912b. 10913
75I2 108 V Feb.
Mo.K.&T.— Cou.,6s,1920, tr.rec. 74%
72 12 Jan.
Consol., 5s, 1920, trust roc
64 b. 64 12
61 la Jan.
I
I
I
1
i
,
'
i
1
.
•
Mo. Pacific- 1st,
8d, 78, 1900
11418
con., 68, 1920.
N. Y.
185 iCamerou Coal.
Cit. Gas, B'kln
221s 25
16
171s 'Colorado Fuel.
Kicli.&All.tr.r.
Rio Gr. West..
do
pref.
20
14
28
153
25
155
29
36
38
pref.
do.
I6I3 Tol.Peor.
I
!
'
&W.
110
116
1938 99
Na8h.Ch.& 8t.L.— Con. 5s, 1928
58% Mar. N. Y. Central— Extend., 58, 1893
15 Mar.
N. Y. C. & H.— 1st, cp. 7s, 1 903
74 Mar.
Deb'nt're, 5s, coup., '84, 1904
110 Feb. N.Y.& Harlem— lst,7s,reg., 1900
loo Jan. N. Y. Chie. & St. L.— Ist, 48, 1937
122 Jan. N. Y. Elevated— 1st, 7s, 1906.
128 Feb. N. Y. Lack. & W.— Ist, 63, 1921.
112 Jan.
Construction, 5s, 1923
116 Jan. N.Y. L.E. & W.— l3t,eon.78,1920
103 Jan.
Long Dock, 78,1893
110 Feb.
Consol. 68, 1935
Il6% Mar.
2d oonsol. 6.3,1969
,
.
10213 Jan.
Feb.
101% Jan.
II3I2 Jan.
127 Jan.
105 Jan.
95 Jan.
94 Feb.
118 Jan.
118
Jan.
Jan.
Jan.
117 Jan.
108 Feb.
10278 Feb.
103% Fob.
105 Jan.
144 Jan.
.Mar.
106i4Mar.
9458 Mar.
120 Feb.
77 14 Feb.
121 Feb.
10214 Mar.
112 Jan.
77 Feb.
87% Feb.
85 Jan.
105 Jan.
87 Jan.
112 Feb.
126 Jan.
125 Jan.
II714 Jan.
99 Jan.
119 Jan.
II8I2 Mar.
IIOI3 Feb.
II412 Mar.
lloisFeb.
111%
Feb.
Jan.
Feb.
Feb.
Jan.
10413 Jan.
101 Jan.
11358 Mar.
10813 Jan.
128 Jan.
111 Jan.
106
110
119
105
123i4Jan.
104% Jan.
105 14 Jan.
IIII3 Feb.
109% Mar.
76
66
Mar.
Feb.
115
Jan.
IOII2 Jan.
;03 Mar.
II6I2 Feb.
65 13
.[{in.
IO214 Feb.
Jan.
133
"a" prlOB asked;
all
Bange
N. Y. Out. & W.— Ist, 6s, 1914..
Oonaol. 1st, g. 58, 1939
N. Y. Bus. & W.— 1st ref ., 5s, 1937
Midland of N. J.— Ist, 6s, 1910
Norf. & W.— 100-year 58. ..1990
North. Pac- -1st, coup., 6s, 1921
General, 2d, coup., 1933
General, 3d, coup. 68, 1937 .
Mar. 7 Mar.li
10912b, 109
104
131
96
114
b,
101
HOia
97
97
96i2b.
97
117
95
b.
95
I
'
;
I
b.
96
97
Mar.
Mar.
b.
115
95
Jan.
Mar.
Jan.
'
.
.
.
. .
BighetU
104 Jan.
131 14 Feb.
112 Feb.
!l2778Jan.
97 Jan.
'115
Jan.
!l34i3 Feb.
111113 Feb.
'139i3Jan.
110 Feb.
1221a Jan.
IO213 Jan.
11334 Feb.
98 Jan.
99 Jan.
118 Feb.
96 Feb.
11558 Mar.
11413 Feb.
111 Jan.
10818 Feb.
109 Feb.
841a Feb.
115 Jan.
10978 Jan.
5.'j
Jan.
7013 Jan.
104 Jan.
113 Jan.
101 Feb.
IO6I3 Mar.
II014 Mar.
104 Feb.
1061a Mar.
7212 Jan
'
87
Union Eleva.— 1st, gu. 68, 1937 107 b. 107 14 107
Virginia Mid.— Gen. m., 5s, 1936 80 a.
85
do
stamped guar. 8714
85 b. 87
gold, 58, 1939.... 10312
8OI3
gold, 5s, 1939
Mar.
Mar.
Mar.
I0312
102 Jan.
80 14 Feb.
81
48 b. 47 b. 4 7 Mar.
105 18 10518 IO414 Jan.
Shore—Guar., 4s
West
West. N. Y. & Pa.— 1st, 5, 1937. 94 lab. 9513b. 9214 Jan.
31 b. 31 b. 29 Jan.
2a mort., 3g., 58C,1927
West. Un. Tel.— Col. tr., 5s, 1938 9913
9911b. 99
Mar.
E.— 1st. 53, 1926
Wheel. & Lake
105 Jan.
98 14
Wis. Cent. Co.— 1st, g., 5s, 1937. 98I3
9678 Jan.
55 la Mar.
59 18
59 14
Income, 5s, 1937
2d mort..
Dcbent. M., series B, 1939
othar pricas an
J
...
tai raa?d ar«froai actual sales
Jan
8OI3 Jan.
5434 Jan.
49 Jan.
8218 Jan.
7012 Feb.
40 Jan.
117% Mar.
91i4Feb.
103 Jan.
8II4 Feb.
73 Jan.
112 Feb.
106 Feb.
112
111
91
29
108
109 14
101%
Mar.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
105 la Mar.
92 13 Mar.
113 Jan.
II314 Jan.
113 Jan.
112 Jan.
ligisMar.
120 Jan.
10218 Feb.
8912 Jan.
87% Feb.
89 Feb.
11913 Mar.
55
99
Mar.
Feb.
9
!
Wabash— Ist,
1890.
106% Jan. 110i4Mar.
b.
,
133%
110
300
since Jan. 1,
10378b .'IO314 Jan.
'130 14 Jan.
110 Mar.
126
I2512 Jan.
96
9313 Jan.
113
1131a Mar.
133
I3213 Jan.
110
11113 Feb.
136I3 Mar.
110 b, 108 13 Jan.
122 b. 120 Jan.
101 14 100 la Jan.
11013b, 110% Mar.
b.
1,
Lowest.
.
94%
94
i
17
16
.
11513 115
113%
113 a. 11412a. 112 Mar.
lOliaa. 109%b. IO914 Jan.
North Pac.&Mon.— 1st, 68, 1938 1047, 105 b. IO414 Mar.
[No. Pac. Ter. Co.— Ist, 68, 1933. 10858b. 109 b. 106
Jan.
Ohio Ind. & West.— Ist, 5s, rec. S3 14b. 83 13
8214 Jan.
Ohio & Miss.- Consol., 7s, 1898. 115 b. 11514b. 11458 Feb.
Ohio Southern— lat, 6s, 1921 ... 108 a. 107 a. 108 Jan.
49
2d, income, 63, 1921
48 la Mar.
Omaha & St. L.— Ist, 43, 1937.. 75%b. 76i3b. 7313 Jan.
104 b. 101 13 Jan.
Oregon Imp. Co.— Ist, 63, 1910.
Ore. B. & Nav. Co.— 1st, 6s, 1909 10914b. lOOifib. 109
Feb.
103 '4b. ;i02>4Jan.
103
Consol., 53, 1925
Oregon &Transcon' 1—63, 1922. 106 14b. 10613 103% Jan.
Penn. Co.— 4133, coupon, 1921.. 11014b. 109 lab. 108% Jan.
104 a. 101 Jan.
Peo.Dec. & Evans.- lst,63, 1920 104
Evansv. Div.- 1st, 6s, 1920. 106 a. 102%a. 101 la Jan.
2d mort. 53. 1927
68 a. 66 b. 66 Mar.
8212
Phila. & Road.- Gen. 4s, 1958.. 82
8013 Mar.
66
Ist pref. 1 ucome 53, 1958
65
62 Mar.
46I4
2d pref. income 5s, 1958
45
43i3Mar.
36I3
3d pref. income 58, 1958
38
36 Mar.
Pittsb. & West.- Ist, g., 4.3, 1917 82
80
80 Feb.
Rich. & AH.— Ist, 78, Drexel cert. 691a
69%
68 13 Jan,
2d mort., 6s, 1916, Drexel cert. 3714b. 38i4b. 37 Feb.
117iea. II513 Jan.
Rich. & Dan v.— Con., 63, 1915
117
• 88I3
Consol. gold, 5s, 1936
91 a. 91
Jan.
Rich.& W.P.Ter.—Trust 6s, 1897 9919 a. 99
981a Mar.
Con. 1st & col. trust, 58, 1914 77 b. 78
77 Mar.
Rio G. Western— Ist, 48. ...1939 7013
70
6978 Mar.
K.W.&Ogd.— Con.,ext,5s, 1922 112 b. lllisb. 110 Jan.
St. Jos. & Gr. Isl.- Ist, 63, 1925. 104 b. 105
104% Jan.
b. 11113b. llOHs Jan.
6t. L. Alt. & T. H.— Ist, 78, 1894 Ill
10813b. 10858b. 106
2d, mort., pref., 78, 1894
Mar.
8678
87%b. 86I3 Mar.
St.L.Ark.&Tex.— lst,68,excoup.
2514
24
2d, 68, 1936
23 13 Mar.
St. L. & Iron Mt.— lat, 7s, 1892. 10412b. 10458b. 104
Feb.
109 b. IO8I3 IO8I3 Mar.
2d mort., 78, 1897
Cairo & i'lilton— 1st, 7s, 1891. lOlSsb. 101141). loo's Jan.
Cairo Ark. & Tex.— lst,73,1897 10412b. 10413b. 10258 Jan.
Gen. R'y & land gr., 53, 1931. 90i2b. 921a
88 Jan.
H2i3b. I1214 Feb.
St. L. & San Fr.— 6s, CI. A, 1906 113
II2I2
II2I2 112 13 Jan.
68, Class B, 1906
11214b. 11212
68, Class C, 1906
112% Mar.
110 a.
General mort., 68, 1931 ..
IO914 Feb.
8. P. M. & M.— Dak.Ext., 6s, 1910 118 b.
11778 Feb.
1st consol., 68, 1933
1181a 117 b. 115% Jan.
Do
reduced to 413s . 101 b. 102 a. 100 Feb.
S8I3
87iab. 8013 Jan.
Montana Ext. Ist, 4s, 1937
SanA&Aran.P.— lst,g.,68,1916 8413 b. 87
85 Jan.
8678
Ist, gold, 63 1926
87
85% Jan.
119 b. 113% Jan.
Shen. val.— 1st, 7s, 1909, Tr. rec. 118
5414
General 6s, 1921, Trust reo... 53
48 Jan.
So. Car.— 1st, 63, 1920, ex coup.
96 Jan.
Income, 68, 1931
9 a.
9 a.
7 la Jan.
80. Pac., Ariz.— 1st, 63, 1909-10. 106
105% Feb.
114 b. 115 Jan.
So. Pac, Cal.— Ist, 63, 1905-12.
103
103
1st, consol., gold, 5.3, 1938
101 13 Jan.
80. Pac, N.M.— 1st, 6s, 1911 ... 107 b. 107 b. 107
Jan.
Tenn. C. 1. & Ry.— Ten. D., 1st, 6s 10013a. 100 a. 97 Jan.
Birm. Div., Ist, 63, 1917
9913b. 100 a. 9812 Jan.
Tex. & Pac— 1st, gold, 53, 2000 91%
9178
9058 Jan.
38 13
2d, gold, income, 5s, 2000
38
37% Feb.
:Tol. A. A. & N. M.— 1st, 6s, 1924
105 Jan.
Tol.A. A.&Gr. Tr.— l8t,68, 1921
107 Jan.
Tol. & Ohio fient.— Ist, 5s, 1935 IO312
103 b. 102 Jan.
Tol. Peo. &, West.— Ist, 4s, 1917.. 76i3b
77%
76 Jan.
Tol. St. L. & Kan.C— l8t,6s,191
100 a. 100 a. 98 Feb.
Union Pacific— 1st, 6s, 1899 .... 11713b. 118 b. 115 Jan.
112l8b. 11218
Sinking fund, 88, 1893
1121a Mar.
Kansas Paeitic— 1st, 68, 1895 110% 110%b. 110% Mar.
1st, 6s, 1896
111 lab. 11178b. 110 Jan.
Denver Div.—63, 1899
117 a. 113 Jan.
l8t consol., 6s, 1919
116%b. lieiab. 11458 Jan.
Oreg. Short Llne-l st, 6s, 1922 113
113 b. 112% Mar.
9313
93 14 .Mar.
Ox. 8. L. & Utah N.— Cou.5s,1919 9313
I
127
110% Jan. 11478 Mar
lllkb. 109% Jan. lllisMar.
HOTK— The letter "b" Indicates price 6W, and
I
114%
114'6
b. lie's
114i2Jan.
Pac. of Mo.— Ist, est., 4s,
98 b. 98% Jan.
2dmort.,7s, 1891
10213b.
101 14 Jan
Mobile & Ohio—New, 6s. 1927..
iisisi)' 115% Jan.
General mort., 43, 1938
eo"" 58 b. 5714 Jan.
Mutual Un. Tel.— 8. f., 6s, 1911. 102 a. 100 b. 101 Jan.
Kash. Ch. & St. L.— 1st, 78, I913! 132%b. 132i2b. 13214 Jnn.
I
121i2Jan.
100 Jan.
IO614 Feb.
112 Mar.
104 Jan.
.
15%
11114b.
2413
100
pref.
14
Laclede Gas.
Mary'd. Coal..' 14
Ontario Silver; 40
280
Penn. Coal.
65
Ph.Nat.GasCo.
Postal Tel. Co. * 30
Closing.
8413 Jan.
9978 Feb.
95 Feb.
131 J-eb.
10578 Feb.
10412 Mar.
122I2 Jan.
97 Jan.
135 Feb.
119 Feb.
108 Jan.
79 Jan.
77 Jan.
119 Feb.
79 Feb.
100 Jan.
38 Jan.
do.
70
STOCK EXCHANftE. AN» RANGE SINCE JAN.
1.
.,
22is
Hack'ns'kWat. 100
81 >a
54
4
68
79
Cousol.CoalOo.i
Utlca&Bl.Riv.i 134 150
Va. Midland.. .i 4513' 47
CaliabaCoal...i
Ask.
i
125
I514
Highest.
128 Mar.
117 Feb.
llOisFeb.
lllisMar.
108 12 Feb.
41
41
39
36
do.
pref. 110
Tol. &0. Cent.'
60
St.L.Alt.&T.H.
9
3i«
& Sara. 176
I
6>3
Bid.
Ask.
Bid.
I
Kenns.
1251
I*
Indicates actual sales.)
I
Bailboad and Miscel. Bonds.
akd Miscbl. Bonus.
Con., 73, 1004-5-6
(*
Ask.
6
13
N.Y.&Nor.pf.
ObioIud.&W'n
pref.
do
BuNDS — LAIEST PRICES OF ACTIVE BONDS AT
Ba.ilroai>
L.
N.Y.Laok.&W
N.Y.N. H.&H. 249
9
10
St.
1
pref.
do
N.Y. &Harlera 250
16
16
5%
45
&
Minn.
99
Iowa Cent
8
pref.
23
do
3
Keok.&DesM.
7
do.
pref.
15
Kings. APemb
58
Malion'g C. E'y
pref.' 110
do.
8
3
Bid.
m.C.leasedl's.
16
continued.
A»lt.
[Vou
Jan.
Jan.
Jan.
107
115
103
Mar.
IO713 Jan,
10434 Jan.
103 13 Jan.
9278 Feb.
4078 Feb.
IO713 Jan.
no's Jan.
103=8 Mar.
77% Mar.
101 Jan.
11678 Mar.
1161a Feb.
112
Jan.
llSiaMair.
117% Mar.
17 Feb.
II6I4 Jan.
9514 Jan.
108ifl Jan.
8713 Feb.
881a Jan.
103% Jan.
8618 Jan.
53 Jan.
105 la Feb.
9513 Feb.
33% Feb.
10212 Jan.
10513 Jan.
1
991-1
Mar.
69
Jan.
March
THE CHllONICLK
15, 1890.]
381
GENERAL QUOTATIONS OP SPOOKS AND BONDS.
my
"^ i 111 P-sr *mr«'
Quotations In Now York reprosont tliepjr cent valun, wUatever Itio p.vr m%y \>i; oili»r qii itatlom .im trail >9
Tiie followInK abbrevlalloua are oftpn iuo4, viz.: " M " t>v in ynx i< i " g." for njlil " « '!," for g i ira ited; "eul ," tor oaljr«3d;
for conBOlldatedi "oonv." for convertible; " a. f.," for sliiklai? «ua(l " 1. g.," for land grant.
Quotations In New York are to Tiiursday from other ol ties, to lato mall dates.
Sabserlbers will conttor anivor br Klrlaz notice of aar error dUooTered In the«e Qnotatloni.
:
;
;
;
United States Bond*.
Bid.
UNITED STATES BONDS.
reg..q—
4>««,1891
4>aa, 1891
6s,
68,
6s,
Q—
coup..
re«...Q—
As, 1907
As, 1907
6s, Currency,
ea, Currency,
coup.. -Q—
reg
J&J
reg....J&J
reg
J&J
J*J
reg
reg....J&J
1895
1896
Currency, 1897
Currency, 1898
Currency, 1899
STATE SECURITIES.
Alabama— Class "A," 4
to 5, 1906..
Class " B," 5s, 1906
Class "O," 4e, 1906
Currency funding
43,
1920
6s. fund., non-IIolford
JAJ
7s, h. R. &Ft.S.iasue,1900.A
7s, Memphis
L. R., 1899.
&O
&
A *O
7s,L. R. P.B.&N.O.,1900.A<feO
78,Ml88.0. & R. Riv.,1900.A & O
78, Ark. CentralRR.,1900.A&O
7s, Levee of 1871, 1900.... J &J
Ooan60tlc't-New,rg.,3is8,1903.J*J
New. reg. or coup., 38, 1910
Dlst.Col.— Con^.3-65s,1924,op.F&A
Ponding 58, 1899
JAJ
Perm. Imp. 68, guar., 1891 ..J<feJ
Perm. hup. 78, 1891
JAJ
Wash.— Fund.loan(Cong.)68,g.,'92
Fund. loan(Leg.;68,g.. 1902Var
Market stock, 78, 1»92
Water stock, 78, 1901
do
78,1903
Florida—Consol. gold 6s
J & J
eeorgia-7s, gold bonds, 1890. Q—
4>«8, 1915
J&J
liOulslana— Consol. 7s, 1914. ..J&J
Stamped 4 per cent
Maine— New 3b
Maryland- 38, gold, 1900
103 >« 104
1031s 104
121^ 122 14
122%
116
118
120
123
125
1907
Me.— 6s, railroad
J&J,
New
7
10
5
100
1211s
112
103
104
104
123
105
131
133
&110
97i«
J&J
68, gold,
4s, 1905
IO312
Cleveland,
1031s
UOig
A&O
F& A
Brown
consols
Tennessee— 6s, uufunded
Compromise boud8,3-4-5-68, 1912
Settlement, 6s. "913
Settlement, .'5s, 1913
Settlement, 3s, 1913
Texas- 6s, 1892
M&8
78, gold, 1890-1910
M&8
7s, gold, 1904
J&J
Virginia— 6s, old, 1886-'95...J & J
6s, new bonds, 1866
J & J
1041s
123
67
78
109
102
111
105
731a 7414
106
115
13U
trust receipts
Tax-rec'vable coups., from cons'ls
Do
from 10-408.
71s
Do
Ne-w38(Rlddlcberger),1932.J&J
10-408,cp.& reg.,3to5,19l9.J&J
Consol. coupon, new
do
non-fundable ..
CITS SECURITIES.
Albany. N.Y.— 78. 1910-16. ..M&N
68, 1915 to 1919
M&N
48, 1920 to 1930
M&N
AIlegheny,Pa.— 5s,op., '87-«7.Var.
4's8, coup., 1885-1901
Var.
As, coup., 1901
Var.
Allegheny Co., Ss, cp., 1913.J&J
Aa, riot loan, S-lOs
As, riot loan, 10-20s
As, refunded. 5-208. 1891-1906...
4s. Court House, 1908, reg.. J&J
Atlanta, Ga.— 8«, 1902
J&J
Water
50
65%
*
Price nominal;
Q_j
'
8
6641
661s
2i%
141
$120
U02is
100
100
105
100
100
100
102
104
115
114
104
102
100
5120
M&
68.1900
45
"8
23
36
33
21
7s, 1904
j&j
1895-6
J4J
58,1914-15
J&J
4%8, 1916
J&J
Augusta, Me.—68, 1905, Fund .J&J
Anpueta, Ga.— 7s, 1900-2
Var
68, 1905
JAJ
Baltimore— 6s, conBoL, 1890..Q— 100
68, P»rk. 1890
Q— 100
6s, bounty, 1893
8
6s, bounty, exempt, 1893.. M & 8
68, water, 1894
M&N lOS
68,
97
128
lOlis 1031s
411s
106
105
105
101
101
103
106
120
112>4
1181s
J&J
1900
58, Street Improvement, 1928... 105
Detroit, M!ch.— 7s, 1894
F&A illO
6s, W. L., 1906
J&D
3IS8, 1911
J&D 100
Elizabeth, N. J.— New 43.1922. J&J
84
Evansville, lnd.,comprom. 4s,19l2
80
Fltohburg, Mass.- 68. 91,W.L..J&J >l02is
Galveston, Tex.-8s,1893-1909.M&S 100
5s, 1920
'
J&D
Hartford, Conn. -6s, 1897
J&J ,ii6
10-25 years. 4IS8, 1890-1905. J&J 100
Hoboken, N. J.-7S. 1893
A&O
Improvement 68, 1898
J&D
do
58,1901
M&N
Houston, T6X.—63
101
Compromise 58, 1918
95
Indianapolis, Ind.-"D" 7-3,'99 J&J 110
68.1897
J&J 106
Jersey ^^Ity- Water 7a, 1902. ..Var ^119%
Water 6s, 1907
J&J
Funding 68, 1909
F&A
Hudson County 58, 1905
M&B
Hudson County, 68, 1905
J&J
Hudson County 78, 1894. ...JjiD
BayonneClty, 78, long
J&J
Kansas City, Mo.— 88, 1896. . Var
M&N
7s, 1898
r.Awrence, Mass.— 6s, 1894 ...A&O
68.1900
A&O
6s,
..Var
Louisville, Ky.-7s, 1903
Var
63,1897
10-408, 58, 1920
M&.N
J&J
48, 1923
Lowell, Mass.— 68,1890, W. L.M&N
Lynchburg, Va.— 68, 901-4. ..J&J
88, 1905
J&J
Lynn, Mass.-Water loan, 68,'a4. JAJ
Water loan, Oa, '96
JAJ
MAN
58, 1905
Macon, Ga.— 68, 1909
Manchester, N.H.- -6s, 1894.. JAJ.
6s, 1902
J&J.
Bs,
78,
1901
191215....
4-68, funded, lilOO
58,
}
New
JAJ
JAJ
new
Porohaser also pays aooraed interest.
adjustment, 48
St. L.
St.
100
90
112
101
e
Co.— 68,1905
Minn.—4b, 1912
80
120
101
100
116
103
A&O
Paul,
1916
58.1915
1904
78,1898
8s, 1897
68,
Savannah— F'd
58,
con8.1909.Q—
A&O
A&O
&N
Springtieid, Mass.— 6s, 1905..
7b, 1903, water loan
Toledo, O.— 7-308, BR., 1900.M
103
97
88,1893-94
68,1899
58,1893-1913
48, 1913
Var
Var
A&O
Var.
v^orcester, Mass.—6b, 1892... A&O
A&O
58,1905
A&O
48,1905
J&D
31SS. 1905
RAILROAD BONDS.
(Bonds of companies c^nsol'ted wUi
be found under the consvVd natn^A
Ala.Gt. Southern- l8t,68,1908J&J
Debenture 6s, gold, 1906.. .F&A
J&D el02
110
Ocn'i mort. 58, 1927
88
121
Alabama Mldland-lst, 63, 1928.
Ala. N. O. T. &o. Ist deb. 6e, 1907. [e 71
J&D e 49
125 "s
•2ddebent. 6b, 1907
llOis Ala. &Vicksb.-C)ns. 88,1921. A&O. 87
106
Vlcksb.&Mer. -Ist.Os, 1921.AAO
.
New
incomes, 1989
"Land graut,7s,
g.,
1900 ....A&O
Sinking fund, 6s, 1911
58, 1909 (Ist mort.)
58, plain bonds, 1920
4is8,
1920
J&D
A&O
M&S
A&O
Collateral Trust, Ss, 1937. ..F&A
td. 68, notes, 1891. ..MAN
Guar.
Callfor. 80. -ist 6s, g., 1926. J&J
Chic. &8t. L.— Iat68, 1915. M&S
Chic. San.Fe & Cal. — Ist 53. reo
fiulf O0I.& S.Fe., l8t,7s,Tr,reeJ&J
109
103
108
108
901*
.
...
2d, consol. 5a
41b'y ASusq.— Cons. 78, 1906, guar.
Consol. mort.,63,1906, guar. A&O
Allegh. Val.— Gen. M., 7 3-lOs. J&J
A&O
1st mort., 78, 1910
A&O
Income, 7s. end., 1894
Atoh.T. &8. Fe-new4s, 1989, JAJ
105
104
105
107
127
JAJ
48, li»15-17
Montgomery, Ala. — 68
JAD
MAS
1899
4133,
110
114
118
116
109
121
4ifl8,
108
108
4is8,
1031s
130
1907..
Milwaukee, Wi8.—Water78,'02. JAJ
Water 48, 1906-7
J&J
Mobile, Alabama.
J&D
3133, go'd, 191B
Rahway, N. J.-01d78
103
98
1021s
102 >s
Dist, 68. 1915
JAJ
Minneapolis, Miun.-Ss, 1892. J&D
122
Var
48, 1915
68, Consol.,
4s, 1911
Tax
105
122
¥9'
.
Long Island City, N.Y— Water.78...
112
130
130
Acp 1898..A&0.
J&J
Richmond, Va.—6s, 1914
J&J
8s, 1909
J&J
58, 1921 & 1922
107
48,1920
Rochester, N. ST.- 7s, Water,1903 ..
F&A
48. 1912
F&A
1021s at. Joseph, Mo.— 6s, 1903
112"«
l'"&A
Comp'inlseis, 1901
Var
St. Louis, Mo.— 6s, 1899
112
gold, 1894
68,
107
5s, 1900
48, 1905
130
3-658, 1907
1
.
116
136
JAJ
JAJ
J&J
115
106
112
F&A
Texas— 88, 1904
Memphis, Tenn.—Comp.
Tax Dist., 6s, 1913
1221s
no latetrausa Jtions.
1927,ne-w
Water,
12.! Is
bonus
II6I4
J&D
5s 1920
4
J&J
J&J
6s, consols, 1905. ex-coup
6s,oonsol., 2d series
6s, deferred
4s,
Dallas,
4
96
124
104
Bhode Isl'd- 6s, 1893-4, coup. J &J 112
South Carolina— 6s,Non-fund., 1888
3»8
106
M&N
A&O
MAS
-•-••«
Poughkeepsie. N. Y.—78,water long 'iliO
Providence, B.I.— 5e,g.,1900...J.feJ
68, gold, 1900, water loan. .J & J
lOB'^e
Ky.— 7-30«, 1892. F&A
7-308 Waterworks, 1890.. ..A&O
A&O
1912
48, reg.,
1900
1907
J&J
JAJ
104
Var
J&J
J&J
132
ias"
120
106
Pa.— 5s, 1913
78, 1912
78, -water, reg.
IIT
1904 reg
J&J
Portlaud,Me.— 88,KK.Aid,1907M&8 jiii>-»
J&JIJIOI
48, funded, 1912
Portsmouth.N.H.— 6s,'93,BR..r&J §105%
Vir
Var
M&N
Sb
Covington.
No.Carollna— 6s,old, 1886-'98.J&J
35
68 N. C. RR., 1883-5
J&J 200
6s
do
7 coupons off ...A&O
6s,fuDdinBactof 1866 1900.J&J
Penna.— 5s, new,reg.,'92-1902.F&A
6s,
58,
J.AJ
1311a
Funded debt 4b, April, 1902. J&J
Columbus, Ga.— 78
Var
132
Pittsburg,
103
O.— 78, 1894
A&O
AAO
Petersburg, Va.—6s
88
8s, special tax
Philadelphia, Pa.— 68,1895....
1041a
4s, 1908, City Hall
46, 30-508, sink, funi, 1931.
58, 30-508, sink, fund, 1930.
Hamilton County 48...
103
Var
M&N
63,1904-5-6
102
5135
AAO
1914
8s, Water, 1901
114
5s, 1916
128
Norwich, Ot.— 68, 1907
10l>s
78,1905
Orange, N. J.— 78, long
85
Paterson, N. J.— 78, 1900
6s, 1901
4s, 1908
106%
1906
Exempt
2is8
Norfolk, Va.-68,
lOlial
78,1903
68, 1909
1081s
14
J&D
MAN
M&N
J&J
M&N
M&N
M&N
M&N
New
CookCo. 4ii8, 1900
West Chicago 58, 1899
Lincoln Park 78, 1895
West Park 7s, 1890
South Park 6s, 1899
102
68,1919
3iss, 1901,
38, 1907
Cincinnati, O.-7-30S, 1902 ...J&J
10614
58,1934
N.Y. City— 78, 1900
6s, 1900
68, gold. 1901
6s, 1908
6.<),go;fl. 1896
48,1906
3is8. 1904
Orleans, La. Premium 58 ...
Cons. 68, 1923,ext. Croasman.JAJ
J&J
A&O
M&8
JAJ
F&A
3-658, 1902
Cook Co. 78, 1892
Cook Co. 5s, 1899
1021s
—
New
111
102
170
170
1«2
140
121
103
106
Cambrldge,MasB.-Water6s,'96.J&J
City 68, 1904
J&J
Water3i«!", 1911
Var
Charleston, 8.C.— Conv.7s,'97. A&O
Oonv. 4a, 1909
J&J
Chicago, [11.— 78, 1892-99
68,1895
4188,1900
"J
I
Var
Var
1005
Var
Vew Bedford.Mass.—6s, 1909. A AO il32is
3IS8, 1910
AAO 5101
N. Brunswlol(,N.J.— 78, water, 1904
Var
68, 1906
12114
J&J
JAJ
J&J
J&J
J&J
78. 1924
Park 6s, 1924
Bridge 5s, 1919
Bridge 48, 1926
Water 3s, 1905
38, exempt, 1906-13
Buffalo, N.Y.— 7s, 1924-5
Water 58, 1898-9
Water 48, 1904
Water Bias, 1905
Water 3b, 1916
1894
J&J
1897
M&8
Mlohlgan— 78, 1890
M&N
Minnesota- Adj. 4is8, 1912, 10-30.
Missouri- 6.S, 1890
J & J
Asylum or University, 1893. J & J
Fund, bonds, 1894-95
J&J
Kew Hampshire- 5s, 1892
J&J
War loan, 6s, 1894
j &J
War loan, 6s, 1905
J&J
Hew Jersey—6a, 1897-1902.... J&J
6s. exempt. 1896
J&J
Hew York— 8s. gold, 1892 ...A&O 1091s
^68, gold, 1893
A&O lU9is
&
107
105
103
109
133
ald,'98..
Bridge
15
6s, gold,
.68, gold,
RR
124"
Water 5s, gold, 1900
Var
Water48. 1917
Vur
Water 31SS, 1917
A&O
Brooklyn, N. Y.— Park7s, 1924 .J&J
15
Bid.
AifB, 1896
68, 1909
6s, 1910
7s, 1896
78, Aqueduct,
1271s
Boston, Mass.- Water6«,1906.Var'
9>s
9'*
101%
MAN
Q—
1916
1920
4is8.
9H.
MOO
West. Md. RR., 1902.... J&Ji
Belfast,
107
110
10
125
6s,
58,
48,
Massaohusetts-Ss.gold, 1891. .A&O
6s, new bonds. 1892-8
J&J
68, Chatham
6s, special tax,class l,1898-9A&o
Trust oertlflciUes
As, new, cons., 1910
J
J
CiTT SEOUBITIES.
Ask.
Newark—4b, 1906
I2314 Bangor, Me.— Water.Bs, 1908. J&J
E. & N. A. RR. 6s, 1894
J&J
Bath, Me.— 88, 1902
Var
J&J
8-658, 1899
Bid.
Baltimore— (Continued) -
101
100
Arkan.— 68, fund.. •99.Holford.J*J
CiTT SKOnitlTIKS.
Ask.
.
Gold
63,
1923, Trust
rec.A&O
South. itauaaa, 1st 5a, 1926 .MAS
78, 1897. A&O
AU.&CUarl.- Istpf.
In London.
1907
Inoome. 6s, 1900
1st, 7b,
It
".L-A
AAO
Coupons on slnoa 1869.
84
i2i"
106 «
THE CHRONICLE.
382
GENERAL QUOTATIO-^3 OF STOCKS
[Vol. L.
AN'D BO-VOS— Coxtinued.
For Explanations Sae Notes at Head of First Paxe of Qaotatlons.
RiiutOAD Bonds.
Bid.
§.
A Florida— l8t, Gs, 1939..M*n!§
Atlantic Caty— l8t.5s,g.,1919.MAN 1041b
9S\
Allan. & Dan.— IstK. e8,19l7..\&0
Atlantic A Pao.-lst 48, 1937. .J&J
731s
^tl.
2dW.D.,guar.,g,e.f.68.1907.M&8
A&O
W. D. lncome8, 1910
Central Div.. Ist, 68, 1891. .MAN
Incomes, 68, non-cumul., 1922.
Land gr. InccmtB, cum., 1901..
Baltimore A Ob io—18,1935. ..A&O
Parker8burKBr.,68, 1919...AAO
FAA
68 gold, 1925
Consol. gold 58, 1988...
FAA
BdrarlklllRiv. East Side 58, 1935
13%
Bterlmg, 58, 1927
Bterling, 4iss, 1933
Bait. A Pot'o— l8t, 68,g.,1911AAO
let, tunnel, 68. g., g'd, 1911. JAJ
101
121
14
107
ell2
AAO
107!%
114
121
lowaDlv. 8.F.59, 1919
Iowa Div., 48, 1919
Denver Dlv., Is, 1922
48, plain bonds, 1921
Neb. Ext.,
loeifl
111
117
123
109
107
126
126
48,
1927
Neb.RR,
1910
1st, 78,
1896
MAN
AAO
5
Con8.l8t Acol.
tr.,
59,1934. .AAO
51101s
^mden A Atl.—Ist, 7e, g.,'93..JAJ
2d mort., 6s, ]89y
AAO
Consol. 68, 1911
Burl. Co., es,
Sinking fund, 68, 1929
do
08,1929
Canada So.— Ist 58, guar.,1908,JAJ 108 14
97
2d mort.. 58, 1913
MAS
Cape F. AYad.V.,l8t,es,Ser.A,1916 1031s 101
1st 6s, ser. B, 1916
J.AJ.
1st b's, series O
CarollnaCeut.- l8t.6s,g.,1920.jAJ
Cata wlssa- Mort., 7s, 1900.. ..FAA
Cedar F. AMin.— 1st, 78, 1907. JAJ
Cent, of Ga.— 1st, cons., 7s, '93. JAJ
Collat'l trust 58, 1937
Bav.AWest., Ist, guar., 1929 MAS
Col. A Westtrr, let, 6e.l911.JAJ
Cent, of N. J.— Ist cons. 7s,'99.Q-J
'
MAN
102
102
MAN
fJliea.AOtiioRy, IstSs, 1939.
Ist Consol. K. A A.2-4.1989.JAJ
2d Consol. R. A A. 3-4. 1989. JAJ
Ches. O. A S.W.— M.68, 1911. .FAA
102 "s
103
Coupon
l8t,
95
931a
72
H'8
100
North.
Ills., 1st,
5s, 1910...
.MAS
105
94
1081s
122
1091s
1
iiaifl'
119
117's
1001* lOO^j
69
AAOI 107
58, 2562
ErieAPittsb.— 12d, 7s, 1890..AAOlHO7'«
mort,, 7s, 1898
JAJ
Cons,
AAO i......
Equipment, 78, 1900
l8t,guar.,g.,6s,1921 112%
Evans.ALnd.—
JAJ 108
Ist, con., 1926
122>a
122
Evau9.A T.H,,lst con.,69,1921,JAJ IIB
95
Mt. Vernon— Ist, 68, g.,1923AAO 110
Evansv.T.H.AChi.— Ist. 6s, g.l9oO; 101
131
Fitchburg— 58, 1899-1903 .... Var. i5 105
MAN 5109
lOl's
53, 1903
5110%
AAOJ
68, 1897
AAO 5110
78,1891
118
103
131
120
108
East., 1st, 78, 93-'95.
121
l.a,
AAO'5 97
99
1907
A West., deb. 58, 1913.
A P. Marq.— M. 68,1920.AAOi
Bost.H.T.
FUut
Cln.
1^319
117
!
I
105
102
96
91
74
108
let M.,78, l.g., gold,not guar. AAO: 5 1 15
i5107
Ist 7s, '99
Ex laud grant,
9314'
117if(
General 58,1921
MA8i
Muskegon Div. J8, 1926... JAJ.. .clol
(Jr. Bay WlnouB A St. Paul.—
F&A 83
let, 68, 1911, coup jn oil
24
2d, Incomes, 1911
aan.A8t.Jo.-Con. Gs, 1911. .MAS 116
Kan. C. A Cam., 10s, 1&U2.. JAJ 5103
106%
,
102
Harrisb'gP.,Ac.,lst.,l8,1913.JAJI 105
[dtart. A Conn. West.— 5s,1903. JAJ 5 991*
lllis
117
e
i
aousatonlc— Cons. 59, 19J7..MAN|
lo'st.E.AW.Tex.- l3t,78,'98.MANl
la Loudon.
U
Coapou
oJ.
120
1C6
1091a
111
111
101i«
9714
100
103ia 105
99=8
Gal.Houa.A Hen.— l8t,3s,1913AAO
JAJ
Georgia— 68, 1910
Georgia Paclllo-lst, 6s. 1922. JAJ 112%
Con. 2d mort., 53, g, 1923. ..AAOI 82i6
931s
28
U6
Con. income, 58, g., 1923 .AiiO
Ga.Carol.&No.— l8t,5s,g.,1929.JAJ, 102 is
95
Fla.- Isl 68, g, 1927. JAJ; 93
!Ga. So. A
ar.Kap. A Ind.— 1st, l.g., g'd, 7s, g. 5117
C—
PurohaBer also pays accrued interest.
JAD
113
107
121ifl
MANI
Ist, con., gold, 53. 1939
let, g.,5s,iyi8.jAJ
Fla. C.
Ft.WorthADenv.O.- Ist, 68, 1921
Gal.Har.ASauAut.— l8t,68,g. 1910.
2d mort., 73. 1903
West. Div. Ist, 5s, 1931. ...MAN
APen.—
,
§
MAS
4188,1897
FAA
I
no late transactloua.
109
109
Elizab.Lex.A Big 8.- 6«, 1902.MA!-' 96
EIiuiraAW'mspt— l9t 63,1910.JAJ| 120is
Ist, g, 58,1936
J&J e 83
Minn.&N.W.lst, 58,1931. .JAJ. e 84
Chic.St.P.Min.AOm.— Con. 68, 1930 120
Ch.St.P.AMinn. l9t,6s,1918MAN 124
North Wise 1st, 6a, 1930.. .JAJ.
St. PaulA8.Clty,l8t63,1919.AAO
Chie.A W.Ind.—S.td. 69, 1919 MAN
Generalmort., 69, 1932
Q—
Chlo. A W. Mloh.— 58, 1921 ...JAD
Cln. A Bait.— Ist, 78, 19C0....JAJ.
Gin. Georg. A Posts.— ds, 1C31AAO
.
92
HI
JAJ
Ala. Cent., Ist, 6s, 1918
East. A W. Ry., Ala. -1st, 69, 1926
Eastern, Mass.— 69, g.,1906. .MAS 5125
Ea-stou A Amboy-.y.,53,1920MANj 116
do
2dM.7e,1904.MAN
Un.A Loganep.,l8t,78, 1905.AAO
MAN
MAN
i
Equip.
Mobile
131
115
108
Ham. ADayl.— Consol. 5s AAO.
Consol. S. F.,.78, 1905
AAO|
103 109 id
Consol. mort. 68, 1905
AAO
2d mort., 6s, 1911
FAA 81
2d mort., gold, 4ias. 1937. JAJ
821s
Cheshire— 6s, 1896-98
JAJ §1081* 109
Cin. H. A L, 1st M., 78, 1903.JAJ
Chic. A Alton— Ist M., 7s, '93. .JAJ lOSSi 109
C.I.St. L.AC— Istg. 48, 1936,0— Fi
Sterling mort., 6s, g., 1903.. JAJ el20
152
Con. 6s, 1920
Binklng fund, 6s, g., 1903...
I2II4 12a
Ciu.AIndianap., lst.,79, '92.JAD
Lams'a A Mo.R.,l st, 7s,1900FAA II8I4 120
2d M.. 7s, 1892
JA,1
do
2d, 7s, 1900
118
Indlanap. C. AL., 78, 1897. .FAA
Bt.L.Jacks'v.AC., lst,78,'94.AAO 112
..---.
Cln. Laf A
l8t, 78,g. 1 901.M AS
•
do l8tguar.(564),78,'94AAO 112
Cln. Jack. AMac.-l3t,58,1936. JADl
do 2dM. (360),7e, '93..JAJ 115
Cln. Leb. A Nor.— 1st, 58, 1916JA,)
do 2dguar. (188)7e,'98.JAJ
121
Cln. Rich. A Chic— let, 78, '95. JAJ
Mlss.Riv.Bridge, lat.,8.f ..69,1912 107
Cln. Rich. A F. W.— lst,78,1921J&D
Price nominal
JAU 90
IstExt., gold, 5s, 1937
A imp., g., 5s, 1938. .MA9| ' 85
A Birm., 1st, 58,1937.JAJ
Knoxv. AOhlo.lst, 68, 1925. JAJ IIII4
135
Col.AIud. O.,lstM.,7s,1904.JAJ
A
82%
82
63
82
If, 1905. JAJ
1st mort., guar., 2148, li)05 ..JAJ
1st M., onExt.,guar. 48,1905JAJ
Det.B. C. A Alp.,lst,68,19l3. JAJ
121
S. C.A Pac, Ist, 69, 1393..JAJ
Frem. EUt.A Mo.V.— 68,1933AAO
do
do
Unstamped..
lO^jia Chic.Peo.A St.L.— Gu. 5s,1923.MAS
lOlia Chlc.R.I.A Pac— Gs,1917,ooup J AJ
Cliicago A Southwestern
Exten. A col. 59, 1934
JAJ
ChicSt. L. AP.— Con.5s,1932.AAO
Chic. A. L., 78, 1890
Cln.
Chic. St. P. A Kansas City.—
119
Duuk.A.V.AP.— let,73,g..l900JAD HO
E.Ten.Va.AGa.— lst,78, 1900. JAJ; 119 iigii
.JAjl 108
Dlvlelonal, 5s, 1930
MANj 103% 106
Consol. 58, g., 1956
Wi\
106
78I4
MAN
99
Det.G.HavenA.Mil.— Equip.6s,1918 ell7 120
Con. M., guar. 68. 1918
AAO ell7 120
Der. L. A North.— 1st, 7s, 1907. JAJ 5100
Gr.Eap.L.A D., l8t,5s,V927.MAS,5101 ib'iis
33
37
Det. Mack. A M.— Ld. gr. 3iaa, 8. A.
Dub.AS. City— lst.2dDiv..'94. JAJ HJ8
DiUathAIrouB.- lst,58,1937.AAO! lOlis
DaluthS. 8h. A AtL-5s,1937,JA Ji 93% 94i«
MAN
A Gt.
—
DeeM. A P.D.— Guar.
112
105
let mort., 7e, 1916
2d mort., 78, 1909, guar.. .JAD
Chic.
115
A R. G Ist con. 4s, 1936. JAJ
1st 78,gold, 1900
Impr., g., 53, 1928
JAD
Den.
1031s
Northwest.Un., l8t,78, 1917. MAS
Chlo. ATomah.— l3t,63.'05.MAN
Cedar R. A Mo.— l3t, 7s, '91. FAA
121
129
1891
M., Pa.Dlv.,78, 191....7.MA.S
I
Madison Ext., let, 7s, 1911. AAO
Menominee Ext.,l9t,78,191 1 JAD
96
110
78,
]
MAN
AAO
106 'a Del.Lack.A W.— Couv.7s,1892 JAD
Mort. 7s, 1907
103
MA.S
WlnonaASt.Pet.— 2d7s,1907MAN
126
Exten., 79,1891
1st.
AAO
AAO
MAN
Mil. A Mad., 1st, 68, 1905. .M.A8.
Ott. C. F. A St. P., 58, 1909. .MAS
106
103
120
Convert, mort. 7s, 1902. ...MAN 126
Conveit. debtnt. 68, 1S03..MAN 119
Gen. mort., 58, 1987.
JAJ 111
I.eli.& Wll.— Oon. 7s,g.,1900,as8.Q 113
Mortgage 59, 1912
MAN *..,--.
Am. Dk.A Imp. Co., 58, 1921. JAJ
Cent. Ohio— Ist M.. 68, 1890.. MAS 100
Reorg. cons. Ist, 4ic8, 1930. .MAS
Cent. Pac— Ist, 68, gold, 1895.JAJ 1121s
1st, 6s, gold, 1896
JAJ 1131s
1st, 6s, gold, 1897
JAJ 114i«
iBt, 6s, gold, 1898
JAJ 1161s
B .Joaauln, Ist M..69, K.1900.AAO 112
Cal. A Or.— Series B., 68,*.'92 JAJ 110
Land grant M., 6s, g., 1890. AAO el04
Mort., gold, 5s, 1939
AAO 104
West. Pacif., 1st, 68, g., '99. .JAJ 114
Central of So. Car. Ist 68,1921.J AJ 104
Cliarles.Cin.A C.lstg.5c,1947.Q—
S3
Cliarl te Col.AA.— Con8.,78,'95.JAJ
2d mort., 78, 1910
AAO 1191*
ConEol., gold, 68, 1933
JAJ 1081a
Chartiers- Ist, 7s, 1901
AAO 122
cues. AOblo.— Pur.mouey fd.,6s '98 114
Series A, 68, 1908
AAO 1181s
Mortgage Ss, 1911
AAO
*
Delaware— Mort., 68, guar.,'95. JAJ
Del. A Bound B'k— 1st, 78,1905FA A
Del. A Hud.— Ist.rfg. 7s, 1891 JAJ
116
123
Exteu. brt8. 4s, 1926
FAA15
Escan.AL.8up., 1st, 6s, 1901.JAJ
Des M.AMinn's,lst,78,1907.FAA
Iowa Mid., 1st M., 8s, 1900. AAO
Peninsula, 1st, conv.,7s,'98.MA?
Chic. A Mil., Ist M., 7s, '98. .JAJ
JAJ 102 105
1897.FAA •nils
116
A Xenla— 1st M., 78,1390.MA9 5100%
APassump.— M.,7s,'93.AA0 JlOSi* iciia
Conneotlng(PhUa.)— let, 68 ..MAS "120 123
Consol.RR.of Vt., Ist, 58, 1913. JAJ § 88 is 89
109%
Dayton A Mich.— Con. 58,1911 .JAJ
Dayton A Union— Ist, 78, 1909 J AD
Dayt. A West.— l8tM.,6s, 1903.JAJ
I23I9
let mort., 79, 1905
JAJ
debent., 53,1933.MAN
25-yr8. deb. 5d, 1909
do
75
111
Conn.
Consol., gold, 78, op., 1902.. JAD
1071a
112
106
Col.
Fargo A8outh.-6e.a8s.1924. JAJ
Inc. conv. 8. F. 58, 1916
JAJ
Dak. A Gt. So. 58, 1916
JAJ
Gen. g. 48. ser. A., 1989
JAJ
(Jhlo.A Northw.-Con. 78,1915.0—
112
lOm
OhloAW.Va.,l8t,s.f.,78,19i0MAN 5ll3i«
Col.Springf.AC.-lst, 78,1901. MAS 5llCia 112
Wis. Val. Dlv., l8t, 6e, 1920. JAJ
108
37
17
A Ind. M.,
78, 1899.. .JAJ 114
Mah.Val.— G. 5s, 193i?JAJ 107
Clev.AP.— Cons.8.F.,78,1900MAN 128
4th Mort., 68,1892
JAJ 103%
Colorado Mid.— 1st, 68. 1936. .JAD el05
Columbia A Gr.— 1st, 68, 1916.JAJ 100
2d mort., 63. 1923
AAO 80
91>4
Col.A C.Mid.— 1st, 6s, 1914. ...JAJ
Colum. Hook. V. A T .— Cou.59,1931
741s
Gen. 68 gold, 1904
JAD 74
Col.AHook.V.— lstM.,7s,'97.AAO 510'
do
2dM., 7s, 1892. JAJ §100
Col. AToledo—lst76, 1905. .FAA 5ll3ia
do
2d mort., 1900. MAS 5100
Belief.
Cleve. A
QuinoyA Wars'w, Ist, 8s, '90.J AJ
Atch'n A Neb.— Ist, 78.1908 MAS
90% 92
13
116
Clev.AkronACol.— lst,6s,1926JAJ 1102^
Gen. M., g., 58, 1927
MAS f 99
93
9419
Cleve. ACanton-lst. Ss. 1917. JAJ
931s C.C.C.ASt.L.— C. Dlv., 49, 1939JAJ
Clev.Col.Cin.AInd.— 18178,'99MAN 1211
1121s
135
Consol. mort., 78, 1914
JAD
101?i
110
Cone. 8. F., 7s, 1914
JAJ el30 135
IISI4
Gen. con. 68, 1934
JAJ
.
MlDn.ASt.Ul8t7s,g'd,19i7.JAD 111
Iowa C. A W., Ist, 78, 1909. MAS 90
90
0. Kap.I.F.A N.,lst,68,1920.AAO
do
l8t, 5s, 1921
AAO
Oallfor. Pac— Ist M.,4i«8,1912 JAJ 105
2dM..68, g.,endC. Pac, '91.JAJ 102
8d M. (guar. C. P.), 68, 1905. JAJ 107
do
do
38, 1905. JAJ 63
Camden &
,
89%
104
FAA
Cons. 48, 1927
Eepub. Val.. 1st, 68, 1919.. .JAJ
Boston A Albany— 7s, 1892... FAA SIOS"* 106
6b, 1895
JAJ nil lllia Chic. A East 111.— let mort. 68, 1907
Ist, con., 68, gold, 1934 .... AAO
Bost.Cono. A Mon.— Cons. 7s, 1893 MOSij 106
MAN
Oonsol. mort., 68, 1893
AAO 5lC3 1031s Gen. con., let, 5s, 1937
Ch.AI. Coal R'y,l8t 58. 193d JAJ
Improvement 68, 1911
JAJ 51101s 111
Chic. A Gr. Trunk-lst, 63., 1900..
Boston A LoweU- 7s, 1392. ..AAO S1051S 106
6s, 1896
JAJ 51121s 113 Chlo. Mil. A St. Paul—
M.ASt.P.lst, 8s, P.D.,1898.FAA
6s, 1899
JAJ SllO 111
48,1905-6-7
P. D., 2d M., 7 3-lOs, 1898. .FAA
Var. n03is 104
108
4i«s, 1903
5107
R.D., 1st, $. gold, 7s, 1902 ..JAJ
MAN
La. C, let M., 7s, 1893
JAJ
Boston A Maine— 78, 1893
JAJ 51071a 108
Vao 111
I. AM., 1st M., 79, 1897
JAJ
78,1894
JAJ
ImprcTement 48, 1905
I'a. A Dak., Ist M., 78, 1899. JAJ
F&A 103 104
Do
48,1937
FAA 106 loeis Chic. A Mil., 1st M.,78, 1903.JAJ
Consol., 78, 1905
JAJ
Bost. A Providence— 78, 1893. JAJ 5109^ 110
let M., I. A D. Ext., 78, 1908JAJ
4s, 1918
JAJ lOlis 106
Bost. A Revere B'h— l8t,68,'97. JAJ 51121s 113
Isi M.,G8, B'thwest Div.l909JAJ
28
Bradford Bord. & K.— Ist, 68, 1932
let M., 58. La C. A Dav.l919JAJ
20
Bradf.Eld.A Cuba— l8t.68,1932JAJ
80. Minn, let 68,1910
JAJ
Brooklyn Ele.— Ist, 6s, 1924. .AaO II2I2
Hast. ADak.Ex.l8t,7s,1910.JAJ
2dmortg, 58, 1915
do
53, 1910
JAJ
JAJ 86
Union El.— let, 68, 1937. ...MAN 107 107 1"
Chic. A Pac. Div. 69, 1910 ...JAJ
Bnfl. Brad.A P.— Gen.M.7s,'96.JAJ 103
do West Div., 5s,1921.JAJ
Bnfl.N.Y.AErle— Ist. 7s, 1916.JAD 1391a
Chic. A Mo. Riv. 5s, 1926.... JAJ
Buff.Eoch. A Pittab.- Gen.Se, 1937
Mineral Pt. Div., 58, 1910.. .JAJ
951a
120
Kocli. A P., 1st, 69, 1921.. ..FA.\
Chic. A L. Sup. Dlv., 5s, 1921JAJ
Consol., lat 68, 1922
Wis. AMinn. Dlv., 5s, 1921. ..JAJ
JAD 116 118
Buft. A Southwest.— 6s, 1908 J.AJ 100
Terminal 5s, g., 1911
JAJ
93
Burl. C. E. A N.— lst.5s,1906.JAD
Dubuque Dlv., let. 6e, 1920.JAJ
.
3d, g.,3s-ls. 193], Tr. reo. .FAA
Income 58, 1931, Trust reo
Clearf. A Jeff.— Ist, 69, 1927.. .JAJ
Om. A 8. W., 1st, 89, 1896.JAD sue
m. Grand Tr., Ist, 88, '90. ..AAO U0113
Ott. Osw. A Fox R., 8s, 1900. JAJ
109
116
101
Ask.
123
AAO
AAO
FAA
MAS
JAJ
Bid.
Clnn.Sand.A Clev.— 68, 1900. .FAA 51011a 102
2d mort., 78, 1890
JAD 5100 lOOie
Consol. mort., 5s, 1928
JAJ J 104%
Cln.A8p.— 7s, C.C.C.A I. 1901.A AO '115
78, guar., L.8.A M.S., 1902. .AAO •115
Cln. Wash.AB.— l8t,4ifla-6s, Tr. reo. 100 >«
70
2d mort., 58, 1931 Trust rec. JAJ
105
113
Bonds, 5s, 1895
JAD
Bur. A Mo. R., I'd M., 78,'93.AAO
Bur.AMo.(Neb.),l8t,6s,1918.JAJ 5119
Cons, 6s, non-ex., 1918
JAJ 5107%
4s, (Neb.),
Sailboad Bonds.
Ask.
,
JAJ
Plain, 78, 1896
91
Beech Creek— Ist.g'ld, 49,1936,JAJ
JAJ
Bell's Gap— Ist, 79, 1893
Consol., 68, 1913
Belvldere Del.— l8t,68,c.,1902.JAI>
Bid.
. .
15
20
MAS el09
MAS ell5
MAN el21
JAD el07
AAO el05
Bterllng, 68, 1895
Sterling. 68, g., 1902
Bterllng, 68, g., 1910
SArLROAD BONDS.
Ask.
ICO
Chlo.A Atlantic- Ist, 6s,1920.MAN
105 "a
FAA
2d. 68, 1923
100
Chlo. Burl.A Nor.—58, 1926.. AAO
Id, es, 1918
JAD
KO
JAD
Debent. 68, 1896
14
FAA
Equipment 78, 1903
100
Chic. B. A Q.— Cons., 78, 1903 JAJ
25
AAO
5s. sinMng fund, 1901
MAN
58, debenture. 1913
761a
112
113
8214
3j
103
100
117
93
lOJ
117
110
107%
65
In Auiaterdam, Feb. 2
2
Maech
THE
(JJIRONICLK
QaOTATlOXS Ob' STOOKS AND
15, 1890.]
GKNBR.'VL
For BTplnnntloii* See Vote*
Railroad
Ask
Bid.
Railroad Bokd*.
a.ATex.Cen— l8t7«,Tr.
HO
r«c..l891
at ileail
383
BO.VD.S— ConTi.vaED.
of Plr<t Puxe Of <lilot«tlon«.
Bailroad Bohoi.
Ask.
Bid.
Boifo*.
M^lne Central- (Continued)—
LC6.18 A Farm'ua'n, 0«, 1896.J(U it08
N.Y.
Adc
Bid.
&
North. -lat g.5»,192V.AAO
2d Bold in. 1927
109
& K..Conft. M., 68, '»5.A&0| 5107
N.Y.Ont.AW.-l8t.g.,6«,1914V!&S
106
Debenture, 68, I0-20s. 1903. F&A; ilOl
Ciinaol. 5a, g., 1939
JAD
.V. Y. & N. Enur.— l»t,78,1905.J&j;§l2«
Mar'ta&N.Oa.-l«t,fis,K.,l»ll.J&J
7.^
Gen.
l8t .W., Os. 1905
Warq'tte Ho.& 0.-.Mar.J:0.,8a. '921410551 106
JAJ Ml«i«
Hanf. &Br.Top-l8t, 78, '90..AA-O lO-l
2d ra.,68, 1902
68,1903
M&S 5102^ 103
FAaIJio?
F*A 112
Zdmort., 7e, K., IHO.'i
£d6a (8caled-5 p (,.tlU'92(.FAA n"3Si
8«, 1923 (extension)
J&DiJlOO^ 101
AAO lOS-^i
Cona. 3rt M. Ss, 180.5
107 1*
N.Y.Pa.&O.— lat, luc.,ft(».78.1905 ""•
68, 1925(Mar(i & West.). A&OJIOI
nilnolaCeu.— lat,gom,4fl,1951.I4J
do
prior lien. inc.aceB.lS").'!
Gold, Sijs, 1951
J&J 91H 92 >f Memph.& Chan.— lst,78, 191,'S.J&J 123
Djf.irrod In'. Warrants
2d mort., 78, extended, 1915.J&J 123
101>*
Col. tr.. colli. 48,1052
A*0
l«t oonsol. 78, 1915
E(iuip, Trust., 58,1908
JAJ H7 120
MAN
SDrinpUell Div., G8, 1898. .J&.I HI
1st. eons.. Teun. iien,7s,1916 JAJ 123
2d mort. inc., 68, 1910
117»s
Middle Ul V. rep. 59, 1921
F&A 1 1
109
Gold. 6s, 1924
3d mort. inc., 58, 1915
JAJ 101
BterUnK, 8. F., 59, g., 1903.. A&O «1«>7
no Mitrop'n Kiev.- lat, Os, 1908, J&.I II3I4 1I3>9 N.Y. Phil. & Nor.— lat, 1923 ..JAJ
8terllne,Keii.M.,fi8,K.,1895.AAO|«"-03
2d 68, 1899
MAN 107 »» 108 )« Income 68, 1933
AAO
J&DeUO 112
BterllDg, 58.1905
'It
N. Y..Prov. A Boston 78, 1899. J&J 124»)<
US
Mexican Cent.— IMor.58,1939.J&.V«108
01il(>.8t.AN.O.-r.rn,76,'!»7.MifeN
Cousol. 49, 1911
FAJ } 691* OJijiiN.Y.Susq. & W.-Deli. 69, '97.FAA
116%
1st Pon.Ts. 1807
Ist con. Inc. 38, 1939
oiWii l9t refund., Sa, 1937
July 5 ^^
lAl
2d, 6s. iy07
J*l)! 118
20=8
2doon. Inc. 38, 19;!9
2d mort., 4i«8, 1937
Jul'v } 20>8
FAA
68, 1951. gold
J&n; 115
f3
971$
8S
Mldl'd of N. J.— l8t,fls,lfllO.AAO
Old Ist mirt. 78, 1911
J«J
Mem Div.. I8t4i. g., 1951.IAD 91-=^
Debenture 10s, 18 )5
A&O }100 ioom' N.Y.Tcx.&Me.\-l«t48, 191C.A&0
Ind. n. & \V.— Gold, 5s,19l7... AAO
Newi)"g I) ilch.A Conn.— In'58.1977
30
Mexican Nat.- lat, 6a, 1927.. J&D
97
2dm. inc. ,58, UI48
JAJ
5o
2d M.,Ser. A,lue.,«a,lH17...M&S
55
Norf. * West.— Oen., 6s. 1931. M&N
Ind. Dec.ifeSn.— l8t,78,190«.A&0 U01«
15
10
Sew River lat 6a, 1932
2d M.,Si)r. B.inc.,U.s.l917.. April
AAO
Ind'polIs&St.L.— l8t,7s,1919.Var. 5 115
Impr. A Exten., 68, 1934. ...FAA
Mich. Cent.— Con8oi.,7s,1902.MAN 126i« 128
Ind'apoUsJi Vln.— l8t,7s,1908.FxtA 118
Consol. 58, 1902
MAN HI lll<a A(|juatment 78, 1924
2d mort.. 68, ff., i<«ar.,1900.M&N 105
Q.— M.
112
121
""
Equipmort, 58, 19J8
68.1909
M&S
JfeD r»ii«
Int.&Gt.Niiitli.— lat.fi8.1919.MitN 111
7t;is
CliuchV. D., ]8t5n, 1937
MAP H5
58, coup., 1931
2d coup. 68, 1909, Trust reo.MiftS 75
M&S 991*
Weet.blv., l8t, 78,Tr.rci'.'«l.T&J
1
10
10
WaooAN.W.,l«t,7«,(?.,l»01.J&Ji 105
2(1
Po.-tl.
IJlHi
muiuSa,
191.1, Tr....re,c.AAO
uiort. 68, 192.'), Tr. rco.A&O
I
.
. .
eu
,
98
I
Mortgage 4s, 1910
Iowa i>nt.— 1st g., .58, 1938.. J&D 84 >s 8>
JAJ 95
129
J,L.&Sag.Con8.l9t.M,88,'91.M&8 104
I'a Falls & 8.C.— l8t,78,1917.A&0
do
68,1891
M&S 101
Jaolfsonv.a. E.— let, 68,1910. ..J*J i ...
931-2
Jollet&N.rnd.,l8t,7«(gn»r.M.C.» 120
Cli. F.&8t.L.,lst,58.K.,I928,Mife8 x-93
Dot. &B. C, Ist Si, l')i2
UtcU'ld C.& W., 1st, 08,1 9 1 6. J&J
Air Line, lat M., Hs. 1890.. .MAN 5100
Louisville & St. L., Ss, 1927.A&0
93
Midd. Un. & Wat Oap-lat.5s.l911
Jefferson— 1 st 5e, g. Erie,! 909. AA O
78
Jefl. Mad.&Ind.— let,78,1906.A&O
2d 58, quar. N. Y. 8. & W., 1^98.
Mli.L.Sh.&We8t.— l."tCs,1921.M&N 122i»
2d mort., 78, 1910
J&J
F&A 100
Kanawha & O.— let 68. 1936 J&J
Conv. deb. 5s, 1907
Ext. & Imp. 8. f. g 5s, 1929. -F&A 1P1%
Kan. C. Clinton & 8pr.— l8t,.58,192S
Pleas. Hill &De Soto, 1st, 78, 1907
Mich. Div., l8t, 6a, 1924
J&J
.
Kansas C. Lawr. & So. 1st, 6a. 1909
Kan. r. M. & B.- Ist, 5s, 1927. M&a
K.0.8t.Jo9.&C.B.— M.7h,1907. J&J
Nodaway
Aahland
Div., Ist 6a,
H7
1925. .MAS H6
M&S 103
Incomes, 6s, 1911
St. P.E. AGr. ark, 1st, guar.. On.
No.— Ist, 68, 1910....JAU
Mil.
Ist, consol. 68, 1913
Mlnn'p.
St. L.— l8t, 7s, 1927.
&
]8t,7s.l920.J&l>
K.C.F.8c.&Mem.--let,68,1928.M&N
99is|100
Current Kiver, Ist. os. 1927.A&0
K.C.Fr.8oott& G.— l8t,78,1908 J&D 51I81, 1181*
94
98
Kan.C.Wy.&N.W.-l8t58.193S.J&J
Val.,
&
s,
IstM., Iowa CityAW.,
2d mort.,
78,
do
I01>s
101
82
123
101%
10214
111<«
lOJis
106
....
J&J
100
5>
72ii
Bouthwe8t.Ext.,lst,78,1910.J&D
Pacific Ext., lat, 6s, 1921.. A&O « 83
*
Imp. AEquip. 6s, 1922
J&J 60
M. St. P. AS. Ste. Mariocon.58 1'13-i
.Mlnn'p. A Pac, Ist, 5s, 1936. .JAJ « 8-i
Minn.S.Ste. M. &Atl.-l8t,59,1926e 92
HOH Mo. Kan. & Texas, new 48, cert.— 76
109
75ia
Oonsolidafd 08.1920. Tr.rec. J&D
109
61%
Consolidated 5s, 1920 Tr.reo J&D
Consolidated 7s, 1904-5-6.. FA A 11458
1211a 1221*
130
l8t,6s.g.,*1899.(a. P.S.Br.)JAJI 98is
12314
Han. AC. Mo.,lst7s,g.,'90.MAN 99ia
^'^^
Mo. Pac— Conaol. 6a, 1920...M&N! HIH
124's 12514
3d mortgage, 78, 1906
MAN' ne'e
Ken. Cent. Ky.— Gold 48, 19S7.J&J
Keokuk&Des M.— l8t.58,1923.A&0 103 1103
104
KlngaCo. El.-8r.A.,f8, 1925. .J&J
6212d mort .'is. 1938
A&O
Fulton El. IstM. 5e, 1929. .M&S ilOO |102
& Pemb.— 1st, 0s,1912. J&J
-
I.a'ceE.&Wost.— l8t,K..5s,1937J&J
hake Shore & Mich. So.—
Ca. p. &A9ti.,new7s, 1892.. AAO
Bliff.&E.,newbd8,M.,78,'98.A&0
Det.Mon.A Tol.,l8t,78,1906.F&A
Dividend bonds, 79, 1899. ..A&O
Lake Shore, cone., op., Ist, 78. J&J
do OonB.,op.,2d,78,1903..J&D
Habon. Coal RR.l8t,.5«,1934.J&J
Utchf. Car.A West, Istg. 68,'16J&J
Miami— Renewal 58,1912. .M&N
Li. Rock & Ft.S.- Ist, 7s, 1905..J&J
lilttle R.& Mem.— l8t,58,l937.M&3
iBtconsol. 58, 1931
Q—
5
Leroy&C. Val., lst,53,1926.JAJ
Car. Br.. Ist ,6j,g. 1893... .A&O
1001* IOOI2 MobileAO.-l8t,g'd,68, 1927-J&0i
70 "s "213
l8t Extension 6s, 1927
J
1201* }?2,
Gen mort.. 48, 1938
...MAS
11' 4
1st preferred debentures
'96
9714
2(1 prtf. debentures.
95
8t.L.ACairo ls,guar.,1931.J,sa
Gen. M. 4s, 1938
J&D
N,Y.&R'yB'ch,l8tg.58,1927.M&8
2d mort. inc., 1927
S
N.Y.& Man. Beach. lst78,'97,J&jL
N. Y. B. & M. B.,l8t con. 5a, 1935
Brook. &Mon.,lst68, 1911. F&A 116^
Ist 5s, 1911
M&8 110
2d, 58, 1938
J&D 106
8mlth.&Pr.Jeff.,lst.78,1901M&8l HO
I.OU'v.Ev.&St.L— lst,6s,l926.A&')!§109i4
E. R. & E. Div., I8t, 6s,l921.J&j!5107
H. T, C.&C.l8l68,g.,1927.A&0\' 39
Coneol. 5s, 1939
J&J
Lools. & Nash —Cons. 1st, 78 189S
Oeolllan Br. 78, 1907
M&S
K, O. & Mobile. Ist 6s, 1930. J&J
2(1,68, 1930. ...J&J
„ do
E. H. & N., Ist 68, 1919
J&D
Oen'l inort. 68, 1930
J&D
Lon'F.C.& Lex.— lst,78,'97 ..J&J
2d mort., 78, 1907
A&O
,
,
Louis. Cin. & Ler., 68, 1931. M&N
Mem-A 0.,stl., M.,78, g.,1901 J&D
M.4Clark8v.,8t' g,68,g.,1902 F&A
Penaaoola Dlv.,l8t,68,1920..Mits
Bt. Louis Div.. lat, 68, 1921. .M&8
2d., 3s„ 1980. M&S
_ do
Rash. & Deo., 1st 78, 1900.. .J&j
Bo.4No.Aia., S.F. 6s,1903MAN
Tmet bonds, 68,1922
y— .M
Xen-forty Gs. 1924
M&N el08
60-year gold, 5s, 1937
M&N
Pensa.&Atl.— l8t,68,gu,'21.F&A i08»^
Col. tr., gold, 5s, 1931
M&N
8. &N. Al. a. f. Os, 1910. ...AAO eili"
8.AN. Al. Consol. 58, 1936. .F&A
Nash.F.&S.lstgd. g.5s,1907.FAA £0214
L'8V.N.A.&Chio.—lst, 68,1910. J&J
Con. mort. 63, 1916
A&O
Ind'ap. Div., Hs gold, 19 11.. F&A
BeattyvilleExt. l8tti8,l'tl9.J&J
Loulsv.So.- Ist 68, g. 1917. M.&S.
do
Extension, 68. ..J&J
Lo'lsv.N.O.&Tei.— l8t,48,1934M&8
2d mort., inc., 5s, 1934
M&S
Louis.St.L.&T.— l8t6s,g.l917.F&A
MaineCent.— Mort. 78, 1898. ..J&J
Exten. bonds, 68, g., 1900.. .A&O
Cona. 78, 1912
A&O
90
93
Q—
I
H5
60
33
—
Morg'n'8La.ATex.,lst,68,1920J&J H5
Ist mort., 79, 1918
A&O 127
31
H7
115
S9
72
69,
'96-1900.J&J
extended 53.1900.J&.T
100-year mort. 5s, 1990
JAJ
North. Pac. Coast lst 6s
Mty
North Penn.— l8t,78, 1896. ...MAN
Gen. mort., 78, 1903
JAJ
Debenture 63, 1905.
M&S
Northeast.,S.C.— l8tM.,88,'99,MA8
2d mort.. 8a. 1899
M.tS
Consol. gold, 68, 1933
J&J
Northern, Cal.— lst, 69, 1907. .JAJ
Conaol. 58, 1938
A&O
Northern Cent.— 4>48, 1923. .A&O
2d mort., 68, 1900
A&O
Con. mort., 68, g., coup., 1900.JAJ
IZS
series
B
Union RR.— lst,
117% ....»
I3l>a
IO5I9
110
102 •«
i'ds"
119
JAJ
J&J
g.,
1904. ..J&J
68, end.
C mt.,'95
North. Pac— Gen.lst, 68, 1921.J&J
Gen. land gr.,2d, 68, 1933.. .AAO
761a
76
Gen. land gr., 3d, 69. 1937.. .JAD
65
Dividend scrip ext. 6s, 1907.JAJ
114%
Pen D'OreUie Div., 68, 1919.. MAS
Mo. Div. 6s, 1919
MAN
James Eiv.Val.— l8t,g..6s,'36JAJ
112
Spokane A Pal.,lst 68, 1936.MAN
78,
114
h.
Long Island— Ist M.. 78, 1898.M&N
2d
3d M..
do
do
98
1891
J&Ji 1021a
Vy.Ind.AW.lst59,l923JAj
Ver's
138I4
139
9i
M.I18
Va.A Tenn., 4th M.,88, 1900.J&J
Cona. M. C8.,1904
Con. mort, atg. 68,
Trust, gold, 58, 1917
M&3i
Pac.ofMo., latex. g.ls,1938.F&Al
117
liBhigh Val.— Ist, 6s, 1898.... J&D
2d mort., 78, 1910
M&S
Gen. M., 68, g., 1923 reg
J&D
1905
Mort. bds., 58, 1926, serleaA
I
Kings,
6f,
Norf'k A Petersi)., 2d, Ss, '93. JAJ
80. Side, Va.. ext. 5-68
1900
do
2d M.,ext. 5-63 ...1900
107
HII4
JAD
JAD
1909. JAD
1891
Debenture
l'4>s
81
HO
St.P.&Nor.Pae.geu.68.1923.FAA
HeleuaA Red Mt.l8t,6s,l937M&S
Dul. & Man., 1st, 6a, 1936... J&J
Dak. Ext., lat, 9.f. 68, 1937.JAD
No.Pac.& Mon., l8t,69, 1938-M.feS
Coeur d'Ai.,l8t,g., 6s, 1916.M&S
do Gen. lst g., 6s, 1933. ..A&O
105%
Ceiit.Wasli'n, \i g.6.9.1933.MA3
North. Pac. Ter. v ). — lst,6a,'33. JAJ
N. W. Nor. Car. 1st 68, 1933. .AAO
Norw'h&Wor.— l8tM.,6s.'97..MiS
Og<? &L.Ch.— Cons., 6s, 1920. AAO
Income, 68, 1920
Ohio I. A W.— l8t ptd.5a,l938..Q
J
Q-J
lat 3s, 1938, reorg. cert
58, 1938, rerog. cert
Q-J
119
lat ace. int. cert
2d aoo. lut. cert
129is ISOij
lud. Bl.AW.— lst, pf., 78, 1900..
General mort., 7s, 1901
;•--•
141
143
Ohio Miss.—Cons., s.fd.7a,'98 JAJ
Cousol. mort., 78, 1915
IO912 Nashua & Lowell-69, g., '93.F*a'5106
107
JAJ
Coua. mort., 78, 1898
{10714 109
2d con3ol. mort.,78, 1911.. .A&O
5a, 1900
\9.l^\
Morrls&Essex— l8t,78, 1914M&N I46I4
F&A lOlij
2d mort, 7a, 1891
Conv. bonds, 78, 1900
J&J 120
HI
HO
A&O
J&D
F&A
100
!;Na8h.Chat.&9.I.— l8t,7s,1913.J&J
81i«
2dmort.,68, 1901
J&J
119
ConaolidatedgoldSs. 1928. -A&O
108
Natchez Jack. &C0I.— lat, 68, 1912
Ne;v Haven & Uerby-Con..5a,191S
N.J. Junction, Ist, 49, 1986. .FAA
J. A N.Y. -Ist, 6s, 19 10... M&N
115'i N.J. Southern— Ist, 69, 1899.. J&J
1131$ N. O. A Gulf.— lat, 68, 1926.. M&N
12112 N. O. & Nortlieaat.— Prior l.Oa. 1915
i
.•f.
N. Y. A Can.-£ M., 68, g., 1904.M&N
i23" N.Y.C.& Hud Eiv.— iJxt'dSs. M&N
115
J&J
Ist coup. 78,1903
IO3I4
Del)enture 58, ItiSl 1904...M&8
Sterlingmort., 68, g., 1903. .J&J
.
N. Y.Chic;& 3t. L.— l8t,48,1937. A&O
N. Y. Elevated.— lat, 78, 1906.J&J
N, Y. &Greeuw'dL.— IstM. inc. 68
2d mortgage income, 68
N.Y.AHariem-7s,coup.,1900.M&N
N.Y. Lack. &W.— lat, 6s, 1921. J&J
FAA
2nd, 5s, guivr., 1923
1071s N. Y. I^ke Erie & Western—
113
M&M
Ist M., ext. 78, 1897
2d mort. extende(l,.5s,1919..MAS
102%
3d M. extended, 4I118, 1923. ..M&S
117
4th M., extended, 5», 1920 A&O
I
i
. .
83>a
2d
A
113%
I23>a
lst,Springf.Div.,78, 1905. .M&N
132%
HI
JAD
Ohio & N. W.— lat 68, 1936.... J&J
Ohio River RB.— lat, Ss, 1936. J&D
A&O
Gen. gold, Ss, 1937
lat
lOJ
gen,
58,
1932
62
100
100
Ohio Southern— lat 6s, 1921. ..JAD
2d Income. 68, 1921
MAN
Gen. M. 4s, 1921
80
FAAi}114
Old Colony— 68,1897
JAdJHOI*
68, 1893
«H5 117
7b, 1894
MASiJlH
lOA
4i«s, 1904
104%
AAOIJ 10714
130i«
4is8, 1897
J&D 5105
„
HI
JAf 5l06i«
48, 1938
el20
122
B. C. F. A N. B., 5s, 1910 ..JAJ JlUij
9614
1894 -.JAJ 5110
N. Bedford RR., 78,
96
H3is 114 Omaha & St. L.— lst, 4s, 1937. .JAJ 76
65
33
Orange Beit— 1st M., 5s, 1907. -J&J
30
JAJ el02
^t 7I1 Oreg. A Cal.— lst OS, 1927
1191$
126
Oreg.By. A Nav.— 1st Os, 1909.JAJ
JAU 103
133
133%
Consol. mort. 58, 1925
110 H2
OregonATranacont.— 68,1922.M&N
Osw.ARome— lat M.,78, 191S..M&N
120
Oi.AOlark.— lst, p. A l.gu. 68. MAS 105
101
e 80
H 4ii
108%
115
HO
lst interest guar., 6a 1937. -M&N
78. g. '97.A&0
Pauiima— Stcrl'gM.,
Subsidy bonds, 69, 19I0.-..MAN
Penn.RB.- Gen.M,6a,cp.,1910.JAJ
Cons. M., 68,cp.,'05.J.15 AD. 13
Collateral trust, 4isa, 1913. -JAU
MAS
Conaol. 58, cp., 1919
elOd
<!l02
129
121
108
SO
64
114ia
IH
lU
109
lOS
loa
115
111
W
104
HOia
103%
106%
107
104
131i«
5th M.extoudBd, 48, 1928. J&D 103is
137
latoona. M.,7s, g.,1920
M&S
103
137
Ist cons. fund coup.,7s,1920 M&S
112)4 ••-••*
95
lOSij
Reorganizat'n Ist lien, 68, 1908
90ii
el03 105
IIOI4
Eiiuip. Tr. 4s, series A
Long Dock mort., 78, 1893. .J&D
1051s 109
Penn. Co., 68, coup., 1907..(}.—
con. g., 68, 1935 ..A&O 122
do
HO"*
J&D 101 la Loi%' Penn. Co. l8tM.,4i«9, 1921. .JAJ
New 2d oons.68, 1969
N.Y.Can.— lst. 78, '96. JAU iieif
Collateral Tr. 6s. 1922
M&N 105
Penn.A
JAD 1301s 13a
l8tmort.,78, 1906
Funded couDoa 58, 1969. ...J&D 83% 89
AAO 1021* 10a
Gold income bonds, 68, 1977
e 80
90
A RR. coneol. 48, 1939
85
N.Y. &L. Br'ch— Lst, 58, 1931. JAD
Pa. P. A Best.- lat, 68, 1939. .JAJ
Aadroecog.A Ken., 68, 18i40-91 .
69.1921. FAA 108% ....^
lOm In. Y.N. H. A H.lBtr.48,1903.jAI> 113
PenB.A Atlantlc-lst.
In Amsterdam.
'ftiassBOBiinal; nolatetransaotlous.
f
uConpon olt.
§Puiobaser also pays a<^oraed lutoresb
ein Loadon.
i
92'«
HO
THE CHRONICLE.
384
[Vol. L.
GENERAL QUOTATIONS OF STOCKS AND BONDS— Oontinued.
For Bxplanatloa*
Bailroad Bohdb.
Peo. Deo.
&.
Ev.— 1st,
68,
Bid.
1920. JAJ
2dmortK8Ke. 58, 1926
MAN
Evansvhle Dlv.,let 68,1920.M&S
Peo.& Puklu Ur -l8t,6B,1921.Q-F
2dmort. 4is8, 1921
MAN
Perkiomen— Ist 8er. 58, 1918 Q-J
2d series Sb. 1918
Q.—
Petersburg -Class A, 5s, 1926. J&J
Class B, 68, 1926
A&O
.
Aak.
& Read'g— l8t, 68,
66
101
110
65
102
el06
lOm
1910.J&J 122
A
F
46 >i
F
37»«
.F
39 H
A&O 51011s
A&O 5108 •«
J&D $106
M&N 103
&
F&A
J&D
Pittsb.C.ASt.L.— l8t,7s.l900.F&A
Pittsb.Cl.&Tol.— 1st, Gs, 1922. A&O
Plttsb.ACon'Usv.— lstM.7g,'98.J.ftJ
BterUng cons. M. 6s, g., guar.J&J
& Lake E.— 2d, 58, 1928
McK.&Y.— lst,6s,l932.JAJ
115
Pitts.Pain.&F.— lst,g.,oe,]916J&J
& West.— Ist, 4s. 1917. J&J
& Ash.- lgt,68, 1927. M&N
Ashtabula & Pitts.— Ist 6s. 1908.
Pittsb.
"ii'
Pitts. Y.
Portl'nd&Ogb'g— l8t6s,g.,.V900J&J
Port Royal A Aug.— Ist.Bs, '99. J&J
Income mort., 6g, 1899
J&J
Ports.Gt.F. &Ccn.-4i9R, 1937. J&D
Pres. AAriz.C— iBtg 68,1916.JAJ
2dinc. 6s, 1916
JAJ
ProT.A Worcea.— l6tCs,1897.A&0
Ealei^h & Gaston— gs, 1898.. JAJ
aen.A8'toga^l8t7s,1921 oou.M&S
Blch'd A Allegh— 1st, Drex. receipts
2d mort. 6s, 1916, trust receipts.
Eloh. ADanv.- Con.. 68,1890.M&N
General mort., 68, 1915
JAJ
Debenture, 6s, 1927
AAO
Con. mort. gold, 6s, 1936. ..AAC)
Equip.M.
s. f.
58,
3
909
M&8
Bloh. A Petersb., 6b, 191 5.... MAN
Blch. York R. A Ches., 1st 8s, 1894
2dmort.,
6s,
MAN
19C0
Bloh. A West Pt.Ter., Ps, 1897. F&A
Ccn.col.tiust, l6t,£e, 1914.M&8
Eio Grande Wf St., Ist 4 8, 1839 J&J
Kome &
Carrollt.— 1st, 6s. g.,lP16
BomeWat'n&O.— 8.F.,7s,1891.J&D
2d mort., 78, 1892
JAJ
A&O
Consol., ei tended 5e, 1922.
Butlanu— 1st M., 6s, 1902. ...MAN
103
108
lv;2»4
47
39
107
siieij
106
88
104
ICO
SII2I3
117
148%
80. PacArlz.— l8t,6s,1909-10.J&J
421s 80 Pac.Cal.-l8t,68,g.,1905-12A&O
103
Ist con. g, 5s, 1933
A&O
110
So. Pac. Coast^lst gu., g., 4s, 1937
107
80. Pac. N. M.— 1st, 68, 1911 .J&J
Spok.Falls&N.— l8t68,g.,1939.J&J
State L. &8ul.— Isttis, 1899. ..JAJ
69=8
38I4
116
2d mort., 68, 193P, reg
M&N
8unb. A Lewlstown, Ts, 1896.. JAJ
Susp. B. A Ene Juno.— 1st 78, 1900
Syr.Bing.&N.Y.- con80l.7s,'06A&0
Terre H & Ind.— let,7s, 1893 A&O
Consol. mort., 5s, 1925
J&J
Terre H. A Log'pt.— lst,gu.,6B J&J
98
1st and 2d, 68, 1913
J&J
82
Tex. Cent.— l8t,sk.fd.,7s,1909M&N
1st mort., 7s, 1911
M&N
Texas & New Orleans— l8t,7s. F&A
118
Sabine Div., 1st, 68, 1912. ..M&S
Tex. &P.-Ea8t.D.lst6s,1905.M&S
lstgold,68, 2000
J&D
1041a
2d gold inc., 58, kOOO
Mch
Third Avenue Ist 58. 19av
JAJ
41
Tol. A. A.&Cad.— lft,6a,1917.M&b
114
Tol. A. A.&Gr.T.— l8t,6s,1921.J&J
Tol. A. A.&M.P.— l8t,6s,1916.M&S
149i« ToKA.Ar.&N.M.- l8t,68,1924.M&N
69% ToL A Ohio Cent.— Ist, 58, gu.l»3.'
40
Tol. & O. C. Ext.-lst, 58, g., 1938.
111
112
112
1121s
II716
105
2d mort.,
St. L.
Bt. L.
6s,
FAA
1936
& Chic— 1 St con. 68,1927. J&J
A Iron Mt.— l8t,78,'92..F&A
82
87% 88
24
27
105
109
110
101%
106
92
112's
1121s
Istm. Mo. & W. 6s. 1919 ...F&A ellO 120
Equipment 78. 1895
J&D 101 Is
6s, 1931
J&J
58, 1931
J&J
Ist trust, g., 58, 1987
Kan. C. 8w., lst,6s,g.,l 916..J&J
A&O
J&D
MAN
KauB. Pac, 1st, 68, 1895
F&A
do iBtM.. 68, 1896
J&D
do Den. Ext., 68,1899.M&N
do lstcon8.M.,68,1919M&N
Oen.Br.U.P— A.&P.P,G8,'95M&N
Fund, coupon 78, 1895 ...M&N
Atoh.Col.&P.,l8t,68,1905Q.—
Oregon Short-L., 6s. 1922 .. F&A
Utah Bo., gen., 7s, 1909
J&J
do Ext,lst,78,1909J&J
Utah &Nor.— lBtM.7s,1908.J&J
Gold 58, 1926
JAJ
Utloa & Bl'k R.— Mort. 78, '91 -J&J
,
1041s
Sd mort., 7b, g., 1897
MAN IO8I2
Ark. Br. i. gr., M., 78, g., '95.J&D 1071*
Cairo &Ful.,let,l.g.,7s,g.,'91.J&J IOII4
Cairo Ark. AT.,lst,7s,g.,'97.JAD 1041*
Gen. oon. r'y A 1. g., 5s,1931AAO
91
Bt.L.A8.Fr.— 2d6p,oI.A,1906.M&N 1121s
2d M., 68, olase B, 1906
M&N 11238
2d M., 68, class C, 1906. ...M&N 11238
General mort..
General mort.,
Om. Bridge, sterl. 8s, g., '96.A&0
J&J
Collateral trust, 6s, 1908
Collateral trust, 5e, 1907
Collateral tru6t4isg, 1918..
At.J.Co.&W.,l8t,68,190o.Q,—
U.P. Liu. & C, l8t.g.,58'18A&0
Oregon Shcrt-L. & U. N. Consol
.M&8
Bt.L.Ark.& Tex. 1 st Trust Receipts
aeis
861s
»9
SjnduskrMansf.&N.- 1st, 78,190!) S117
lav. Fl. & W.— 1st, eis, 1934. .A&O XllO
At. & Gulf, con. 78, 1897 ....JAI 110i«
80. Gs. & Fia.— let, 78.1899.M&N 1151s
M&N 107
2d, 7s, 1899
Seaboard & Roan.— 68, 1916.. F&A 101
J&J
58. coup., 1926
90
8eat.L.S.AE.— lst,gold,6s,'31.F&A
iham. Suu.A Lew.— 1st, 58,'12M&N 101
Sham.V.A Potts.-7s, cou. 1901 J&J 1-22
ilienan. Val. -1st. 78, Tr. reo.J&J 119
5138
General M., 68,1921 Tr. reo.A&O
Incomes, 6s, 1923
24
Shreve. A Hous.— Ist, 6s, gu., 1914
SodUB Bay& So.— lst,58,g.,1924 J&J
9o. Cen. (N.Y.)— Consol. mort., Ss..
9o. Carolina— l8tM.,6s,1920.. A&O
98
Do
Ex April, '89 coup. A&O 97
2d mort., 68. 1931
j&j
Income 6s, 1931
Marietta Min., Ist, 68, g., 1915..
102
1171* Tol.Peoria&W.— l8t,48,1917....J&J
115
Tol. St.L.&K.C.,lst,68,1916...J&D
103 H
91
United Co'bN.J- Gen.6s,1908.M&8
90
87 1»
do
gen. 48, 1923
F&A
do
gen. 48, 1929
MAS
110
sterling do
6s, 1894
M&S
103 105
do
68,1901
M&S
99
98
Union Paciflo— 1st, 68, g, 1896. J&J
77'*
1st, 68, 1897
J&J
70%
70
l8t, 6s, 1898
J&J
1st, 6s, 1899
J&J
Sink. F., 88, 1893
105
M&S
100
80
do 2d,income5e, 1031 ..M&S 44
Carb. &81iaw.,l6tg.48,1632.M&S
80
8t. L. Soulh., Ist, 48, 1(131.
Ask
Bid.
do
l8t.6s.l926.J&J
San F.&N.P.-l8t,.5s,g., 1919.. .J&J
Equipment. 2d 58, 1898
F&A 5101% 101
BtJo.&Gr.Isl'd— l8t,guar.68,1925. 104 14 105
38
30
mort., incomes, 5s, 1925
Sd
Kan. C. &0m. let 5s, 1927.. J&J 78
111
Bt.L.Alt.&T.H.— 1st M., 78, 'gi.J&J
2d mort., pref., 7s, 1894
F&A 108 1091s
Sd Income, 78, 1894
MAN 106
Div. bonds, 1894
SO
681s
BeUev.AS.ni.,lst,8.F.8s.'96.A&()
Bellev.& Car.. 1st 6s, 1923. .J&D
Ch.St.L.&Pai3.,lst,g., ?s, 1917
Bailboad BoitDS
Pane of Qnotattoaa.
109 3e
101
Bid.
RAii.aoAD Bonds.
87
100
120
112
112
Wheel. Div., 1st, os, 1928 ...J&J e"99" 101
101
Extens. and Imp. 5?, 1930. F&A e 99
Wilm. Col. A Aug., 6e, 1910 ..JAD 118
Wilm.&No.— 1st. 5b. 1907-27. J&U 106
Wilmington & Weldon—
Sinking Fund 78, g., 1896.... J&J 1141s 117
.
JAJ 112
1935
5s,
WinonaAS.W.— lst,6§.g.,1928.A&0
110
95
125
120
5413
98
Wiscon. Cent.Co.— l8t,5Bl937.JAJ
59
Incomes, non-cum., 5s, 1937
'OS-'gS. Var. 5103
Wore. Nash. & R.— 58,
Nash. A Roch.. guar.. 58, '94. A&O 5103
RAII^ROAD STOCKS.
B,
6b, pref.,.
e
common
105
Ala. N. O.
531s
do
105%
114i«
1021s
do
do
107
,100
98
BeUevlUeA
'
Price nominal.
§
FnrchaJier
101 Is'
51*
145
100
80. lU., pref
137>t
175 1«
221
12
7I4
4014
,
107%
30>9
76i«
69 's
117%
111%
30
103
71i«
231a
I
Ohio— Con. 68, 1921. M&S
A Mass.—Guar. 5s, 1903 MAN SIO6I4 1061s
Valley of
Ver.
Vicksb. Sh. A Pac. -Prior lien, 6s.
Virginia Mid -1st 8er,6e,1906.MAS
2a series,
3d series,
68,
6s,
1911
1916
110
M&8
M&8 I08
M&S
M&S 93%
,
4th series, 3-4-5s, 1921
5th series, 5s. 1926
100
Cleve. Cin. Chic. & St. L
pref
do
100
1121$
do
50
liy
01ev.& Pittsburgh, guar., 7
116
Columbia A QreenviUe.ptei. ...100
100
CoLHock. Val. & Tol
112
50
9112 Col. Springf. &Cin
50
9914 Columbus & Xenia. guar., 8
86
General 5s, 1936
M&N
guaranieeil, stamped
do
bUs 87
Wabash-lst gold 5s, 1939. ..M&N 103 W; 103 la
F&A 81 til*
2d gold 5s, 1939
Deb. mort., series A, 1939. ..J&J
49
Deb. mort., series B, 1939.. .J&J
47
St.L.K.C.&N. (r.e8t.&R.),7B.M&8 IO914
112'
do St. Cha'B Bridge 68, 1908
do No. Mo., 1st, 1895...J&,1 V18i«
& Montreal
& Portsmouth,guar.,7
Connectlont & Passumpsic
Concord
Concord
Connecticut River
Consol. of Vermont, pref
Current River
60
100
100
100
100
loO
am
East'n,Mlnn.,lst,g.,5B,1908.A&0
3639
92
110
1st pref., 6. ...100
100
2d, pref
ICO
100
Boston « Albany
100
Boston Con. A Mont., pref
100
Boston & Lowell
100
Boston & Maine
Air-Line, pref ..100
931*
Boston & N. Y.
100
114
Boston & Providence
Boston Revere Beach & Lynn.. 100
5111
100
Brooklyn Elevated
135
100
1081,1
Bullalo Rochester A Pittsb
100
pref
103
do
98
BurUngton C. Rapids & North.. 100
100
California Pacitlc
97
100
California Southern..
47
50
45
Camden & Atlantic
50
do
Pref
do
100
Canada Southern
102 Is
107
100
Canadian Pacific
92
50
91
CatawlBsa
50
do
1st pref
38% 39
50
110 112
do
2dpref
100
103
1031s Cedar Falls & Minnesota
100
Central of Georgia
108
100
Central Massachusetts
106I4
pref... 100
do
lOOj
Central of New Jersey
103
90
50
Central Ohio
100
50
do
Pref
77 14
100
Central Pacific
50
100
Central of So. Car
100
Charlotte Col. & Aug
127
Chesap'ke & Ohio. Vot. Tr. oert. 100
5^071*
do
do 1st pref. 100
ao7 108
do 2d pref. 100
110
do
il08
100
122
Cheshire, pref
el20
100
II311 115
Chicago & Alton
pref
100
do
Ill's
1161a 117% Chicago & Atlantli Trust receipts.
Chicago Burlington & North.. 100
118
112i«
Chicago Burlington & Quinoy..lOO
100
Chicago & East. lUinois
ell6
pref
100
do
101
Chicago Milwaukee & St. Paul.lOO
94
pref., 7. loo
do
88
100
Chicago A North Western
110%
Pref., 7.. 100
do
111%
U7 Chicago Rock Island A Pac. ..100
100
Chic St. Louis A Pitts
II6I3
pref
100
ioo"
do
&Om.,oom..lOO
Chic St. P. Itfinn.
ioo
pref.. 100
do
95
100
95
Chicago & West Michigan
100|
102 l02is Cln. Hamilton & Dayton
Cincinnati N. O. A Tex. Pac... 100
931a 94
50
Cln. Sandusky & Cleveland
113
50
CiDclnnaii & Springfield
1141a 115
1121s 113% Cin. Wash. & Bait. Trust reo... 100!
pref.. 100
do
115
100
Cleveland Akron &C0I
ItO
100
Cleveland & Canton
{101
Pref.. 100
do
do
101 la
,nio
176"
& Susqueh., Guar.,7...100
Atchison Topeka & Santa Fe.. 100
Atlanta A Charlotte Air Line ..100
100
Atlanta & West Point
100
Atlantic & Paciflo
Augusta A Savannah, leased. ..100
100
Baltimore & Ohio
Albany
Dayton & Michigan, guar., 313..50
Ft.S.& V.B.Bd.,lst,6s,1910.A&O
do
Pref., guar., 8.50
8t.L.K.&eo.W. -let 6s, 1916MA8
100
Delaware A Bound Brook
98
Kansas Mid.— 1st, 48, 1937-J&D
ItC
DelawareA Hudson
Warren (N.J.)— 2d, 78, 1900 ..A&O
Bt. Louts Salem A Arkansas- 58. f 96
50
West Chester— Con. 7s, 1891.. A&O 1051s 1061s Delaware Lack. A Western
100
Bt. L. W. A W., 6b, 1919
Delaware & New England
M&S '091s
108
W. Jersey & At. 1st M.,68l910M&S 107
100
Bt.Ii.Vand.&T.H.-lstM.,78,'97.J&J 113
Denv. &RioGr
West Jersey— Ist, 68, 1896
J&J 112 115
pref.lOO
Sd mort., 7s, 1898
do
do
M&N 107
1st mort., 78, 1899
A&O 124H
Sd,78, guar., 1898
M&N 109
West Shore— Guar. 4b, 2361. ..J&J 105 105 ifi Den.Tex.A Ft.W ,stmp.as9ent,.100
100)
Bt. P. & Duluth— 1st, 5s, 1931. F&A 1(j9
WestVa C.&Pitt8.—l8t,68, 1911 J&J 107% 103 "4 DesM. A Ft. Dodge
10o|
2d mort.. 58, 1917
Pret
do
do
West'n Ala.— 2d, 88, gtiar.'90.A&O 100
A&O 104
Bt.P.Mtnn.& Man.— 1st 7s,1909 JAJ 111 nils West Maryl'd— 3d en., 68, 1900. J&J
Detroit Bay City & Alpena. ...100
lig'^s
100
2d 6s, 1909
Oet. H1U9. A Sout h west
AAO 120
West. N. Y.& Peun— lst..i8,l 937J&J '9514
Dak. Ext.. 68. 1910
100
M&N 119
2d m., 38 g.— 56 so. 1927. ...A&O
Det. Lan. ANorthcrn
as
l8t consol. 6«, 1933
100
Pref
do
Warren AFrauk., l»t,7s,'96F&A
do
J&J 117 118
110
let consol., reduced to 4i«8.. J&J 101
100
So.ShoreAAtl
102
W'nNo.Carolina-l8t,7s,1890.M&N 100 102
Duluth
Montana Ext.. 1st, 48, 1937. J&D 80
Pref.. .110
do
8Bia
Consol. 6s, 1914
do
95
J&J
Mmn's U'n, iBt, 6s, 1922.. ..JAJ 116%
100
Teun. Va. A Ga. Ry
West'nPeim.— IstM., 68. '93.. A&O
East
Montana Cent.— 1st. es,1937J&J ll4isi
100
Ist pref
Pitts. Br., 1st M., 6s, '96
do do
J&J 111
&
'8
B, def..£10
do
Alabama & Vicksburg
99
55
98%
59%
105
104
Par.
£10
£10
& Pac, Ac. A, pref. £10
South.— A.,
Ala. Gt.
65
Ask.
105
WheeUng&L. Erie— Ist, 5b,. ..1926
8Ut. Isl. R. Tr.- 1 8t68,g., 1913. A&O 114 115
2d mort guar. 5s, g., 1926. ..J&J
Steuben. & (nd., Ist 5s, 1914. .J&J 108
II412 II5I2 Sonb.Haz.&W-B.- lst,5s,1928M&N 102% 103%
Plttsb.Ft.W. &C.-lst,7s,1912Var 142i«
2d mort., 7s, 1912
J&J
8dmort.,78,1912
AAO isii"
Pltteb. June. Ist 68, 1922
J&J
Pltteb.
Pittsb.
of Plrst
67
M&N
58, gold, 1958
58, gold, 1958
8d pref.. Inc., 5b, conrcrtible..
PhUtt. Wll.
Bait.— 6b, 1892..
68, 1900
8«, 1910
Tru8t certs. 48, 1922
Cumb.— 1st, cs, 1911.
Pled.
Pine Creek- 68, 1932
Head
ian Ant.4 A.Pa88.,lst,6B,1916.J&.l
2d, 78,1893
AAO 111>» U2i«
Coneol.M.,78.1911, reg.& op. J&D 131
1311s
Oonsol. mort., 68, 1911
J&L 120»a
Improvement mort., 68, '97. A&O 101
93
98
Cons. 58, Ist eeriee,1922
13
10
Deferred income 68
f•3^
New gen. mort., 4s, 1958
JAJ 83
65)4 661s
iBtpref. inc., 5s, gold, 1958.. ..F
2dpref. inc.,
Sdpref. Inc.,
Notes at
104
106»« 107
123
Phlla.&E.-G6n.Kuar.,6s,g.,'20.J&J el26
General 5b, 1920
A&O IISI4
lt2^ 103 4
General 48, 1920
A&O
122 1,
8unb. &Eiie— Ist, 78, 1897.. A&O lil
PUla.
l!)ee
J&D
Gold4s,'28
aUo pays aoorued interest. eluLonlon
||
elOl
Coupon od.
103
do
2dpret
do
s Price per share.
I
laAmstercHuB.
100
15014
150
115
224
46
30
77
169%
isi"
i3e%
15
^L.
MiKcn
THE CHRONICLF.
15, 1690.]
QBysaALi QU0r:Vri0M3
RAtUtOAD STlKIKg.
Bid.
East PennHylvanis.ftO
Eastern (Masfi.i ..100
do
rrel.lOO
Eastern In N. H.. 100
Eliz. Lex. & Bie S.IOO
ELmlraib WiiiHp't 50
do
Pref
50
Evansvllle A T. H. 50
MlBCELLANEOUB.
Ank.
57
88
FUnt&PereMarq.lOO
4
Pensaoola A Atlan.lOO
19
"eorlaDec. AEV..100
100
?eter8burg
50
Phlla. A Erie
Phil. Germ. A Nor.. 50 «133
91>«
pref.. 100
na.Cen.& Pen.V.T.Cer
7
l»t pref.cmn.lOO t*67
do2(Ii)f.iioii-ciim.lOO
. .
i
Pref...50
do
nits. Youngs. AAsh. 50
do
pref
50
I
:
65
am
M
A Read. cert. 50 H^
A Trenton. .100 s2J0
WIlm.A Balt.50 62 >«
23
=ltt«. Cln. A 8t. L..60
Pitts. A ConneU'e..60
PItts.Pt.W. A C.,guar.7 151
.50
Pittsburg Junot
Pltts.Va. A Ch!.rle8.50
25
Pitts. A Western... 50
2Ui«
14>3
GeorRlu Paclftc.lOO
14
Ga. KK. & B'kK Co. 100
Gr. Kail Ills & Inrt .100
Gt. North. Ky. pref
Gr.B. W.&8t.P...100
6»s
do
Pref. lOO
Har.For.Mt.J. & L..50
82
Housatonio pref
45
4
Hoiis. & Tex. Cent, loo
3
HuDtinK. & Br. Top..10
16>s 17>4
43 ii
4:>
do
Pref. 50
nunols Central... IOC 114>s 116
do leased l.,4p.c. 100
98 loo
10
Iowa Central
8
100
28
do
23
Pref. 100
M.&Ind.,l'd.lOO
231
63
i
do
Kanawha & Ohio
20
«7
30
131
Phlla.
Phlla.
Phlla.
S8
9i
Jeft.
MlSOELI^KEODI.
Btd.
lOld Colony
88 H
2tl
do
Ask
dnckeus'k Wat. 1st, Ss
100 176\ 177
100
Hend'n Bridge6s,1931
15SH Onaha&St. L
158
Iron 8to«uibottt (To. 68
145M 145% tOm.ASt. L., pref.. 100
107 107 H. Oreg. K'y A Nav 100 100 lOOS LacledeGa8,8t.L lfct5s
46 >« 47
.Market 8l.Cable6B,'13
16>« 20
Or. 3. L. A Utah N.lOO
36T8 37
MHXw'llL.G.prlorl.,6B
50
Jregon Tran8-c;ontl00
48
70
Income
Pennsylvania RR. .50
54>e S4>4
69
40
45
Mut.Un.Tel.. 6s, MAN
107
Penn. A Northwest. 50
103
55
•
Fltchburs;, Prof.. ..100
^
SroJKS AIID BO.VDS— Oosn.vaBP.
Oir
Bid.
386
37
126
11
Pjrt Royal A Augusta
Ports. Gt F. A Con. 100 141
Rang. A 8aratoga. 100 176
22^
Rich. A AUeg., cert
Rich. F. A P., com. 100 U2
Richmond A P'b'g.lOO 100
21>4
Rich. AW. P.Ter..l00
78
Prof... 100
do
YorkR.AO. 95
Richmond
16
Rio Grande West. .1(0
3y
pref. 1001
do
RimeW. AOgd...l00 104
7%
100
Ritland
72
Pref., 7.. 100
do
P'>rt.8aoo APorts.lsd 6
.
75
2
5
New
6
Ask
HiBOELLANEODS.
104
TRLKfiil.lPII.
80
'.^6
St. L.
i
83<s
82
S5
124>« 125 >«: Cent. A 80. Am. Cable! 185
79
80
Oomnier'I Cable Co 1 00 in2i« 103
'Franklin
lOOi 25
I
too
Bridge
29
8iif((i.
American Bell
185
82^9
83.
' "
~
Hudsou River.
Mexican
lOi
N.Y. A New Jersey...
New England
100,
52
Sue.
I<10HT,
Brush, Bait
101
TilSC'l.LA.NEOUS
700.
8O0.
»2<»
101
ELECTRIC
100
114
112
99 >s .00
98
65
39
Si
Tropical
140
.
25
120
107
30
80
100 218 220
100 x 37>« 38
45
49
Erie
104
85
99>s 100>«
\>7hi
100 98
100 260
80
58
TELKPIIONE.
86>4
117
Deb.7s.'84-190OMAN
Col. Tr.,5s. 1938.JAJ
Whltob'st Fuel-G.,68
Wvo. Val. Coal Ist 6s.
Stock
South'nA Atliuitlc.25
We8t(!rn Union ...100
A Tuu—
1928.AAO el35
38 >l Teuu C.Al.— Tun D.68
Blr. Dlv. 1st, 6s, 1917
W. Union Telegraph
126'*
I)eb.7»,'75-1900M*N
A
Mexican
Nortliwe-t. gmr
SOl
PaclllJ A Atlautlo....
Postal Tel. A Cable...
JAJ 102 <a
Coal, 68.1911
i
102 >4 Gold
Eng. Tclei.h. 68..
l8t. 7«, g,
68i«
Amcilcan DIntrlct. KJO
Amor. Tel. A Cable. lOO'
Or. Imp., 1st, 6s. 1910 104
Ooean 8S.C0. , 1st guar
Pa. Steel, Ist. 68. 1917 108
86
People's G. A. C. Cblc,
lat, Hs, 1904, MAN.
2d. 68
Phlla. Co. Ist, 6b, 1898 102
84
Poaghk'8leB'go,l8t.6«
155
0S>«
10H1«
N. O. Pac. land grants
V.W.Tel. 78,1904
Bid.
Sugar ReltnerlfS Co.
53
60c.
'
dec.
I
78
lOO;
Brush Kleo. Light. ..50, 75
90
Brush Illiimlnat'g 100! 40
60.
&2i« 55
Cousolldatod
100
Edlsou (icn. E:eo lOD 105
105
EUson Traet
80
82>ft
Edison lUumluat .100
89
90
•
1
14i<
Ft. Wayne Eleo.O)..25!
do
STOCKS.
Ist prof.
15 •
41
42
Julien Electric Co
69"^ :o
211s -imer. Bank Note Co..
Kan.C.Ft.S.&Meui.lOO
79
Do Traction Co
13S
7% 8
338
10
Kan.C.Ft.8.&G.pf.lOO 133
Asplnwall Land
3>*
100
4ttia 48
Kan.CMem.<fe Hlr. U<'
0^ 638 9panl8h-Amer. L. A P.>
10
Boston Laud
18
6
Thoaa.H. Elec.Co. .251 54
Kan.O.Cl'n & Sp'd.lCO
5''e
Boston Water Power..
54%
4i«
41
5
do
pref. .251
Kan. City ifcOinnha...
25>s 26
Brookllne (MaBS.IL'dS
105
do T.S oSer.C.lo! IOI4 17
Kan.aWy. &N
29>s 30
lOu
Brunswick Co
103
8
do
do Ser.D...
Kentucky Cent
7% a
40
5t 101
1 00
Cambria Iron
52^ Thorn. -e. lutemat.100
73
52
Keokuk & Dos M..ltO
3
250
OantonCo. (Balt.l.lOn
44<« 47
pref.. 1001
do
do
106
pref. 100
Chartiers Val.Ga^.IOO
8.. .ros.AG'd Isl'd.lOO
Keokuk 4 Wast'n 100
Tuom. Weld'ng Co.lOO]
230
Con. Kan. C.S. A R.,25 125
St. Louis A Cairo
47
Europ.W.Co.lCO, 114 116
li*
41
45
38
d:>
Klngst'n&Pembr'keSOl !5
Contluent'l C m.AImTi.
8 .LoulsAlt.AT.H.lOO
17
125
40
Lake Erie & W....100
16
U. 8. Eloctrl(!CJ..lOO
SO
ex-dlTldend
it's] i3'4\
Prof. 100 110
do
do
10
3
5
U.S. Illumlnat. Co.lOO; 40
do
50
Pref.lOu
L. Ark.ATexaslOO
4'«!|C«v. A Cin.Brldge,100
200
L. 8h. <fe Mich. 8o.. 100 10tj^4 lUtSs 8'.. Ix)ul8 ASan Pr.lOO
18
19
Westlnghoiisa El. L.30
45 >« 46I«
pref.. 190
do
3I4
J^
Lehigh Valley
38
39
TttUST OO'S
100
50
do Pref
East Boston Land. ...
5 '8
6
Little Miami
89 Hill Frenchman's Bay Ld.
Am. Loan A Trust. 100 115 120
50 167'fll6-'4
do Ist pref.lOO 88
Little RockAFt.S ...
5
Atlantic
lOOl 400
Hackensack V^ter, 25 100
3c. L. Van. A l. H
Little Sehu'k'l
33
Brooklyn iru8t...lOO 420
OS's t>9
pre'., 25 100
su
do
8. Paul AUuluth.lOO 31
Long Island
82
s;4
Central
t8
100x985
86
Pref.lOO
Henderson Bridge Co lOJ lOi
50
do
113
Lou. Evans.&St. L.lOO
23
92 >« 9314! [Farmers' Loan 4 Tr.25' 690
21
100
Illinois Steel
Si.p.Miiin. AMan.lOO 112
100 203
Franklin
do.
47
50
Pref. 100
Siab'dA RoanokelOO 140
I oil Steamboat. ..100
lOOl
Lonlsv. <fe Nashv..l00
1»8
Holland
100
84?i 85
Jollel Steel
siuth Carolina.... lOOi
100 1721a
3lHi 35
4>s Knickerbocker
Loulsv.N.A.JsChio.lOO
45
18
21s
Keeley .Motor
Southern Pac. Co.. 100
135 Manh'tt'n B'ch Co.lOO
Louis. St. L.& Tex.lOO
5'«
6W) Long Inland... .. 100; 178
33
32
3'west.,Ga.,g'd,7.100l 130
30 125
V!
liOuiaviUe South'u loo
5% 6 .Maverick Land.... 10
.Mauliattan
14
12
1%
jumrslt Branch. Pa. 50
lOl) 270
Mahoning Coal KK.5f
Mercantile
"*
13 2 14
5>
» 55
Maxwell Land Grant..
8imb'ry A LewUt'o.;
22
100 247I9
92
96
do
17
Metropolitan
Pref .50 108
Mex. Nat. onstruct'n
rerre U. A tnd'nap.50
2033 20 >3 Mr.Des. AE.S.Land.5
100 153 160
Maine Central
li*4
50c. 12ic. .Va3.sau
loo 1j3
Texas A Pacitlo... 100
Man. & Law'ce
36
HOI3 "54" N. Y. Life A I'rust.lOOl
36>i S.E.Mte.Secar.rBost.
100 215 217
rol. Ann Arbor A N.M
Manhattan, con.. .100 107
£8
N.Y.Seourity ATr.lOO 178
I07>s To'. A Ohio Cent'1.100
50
185
N. Y. Loan A Impr't...
110
Marq. H. .feOnt.. .100
81
77
Peoples', Brobkyn
15
10
do
Pref.lOO
North ;Te3t Eiiuip.lOO 105
"OO; it's" 185'
47
do
15 >« 15% Oregon Improve. .100
45
State
91
Pref.. 100
87
Tol. Peor. A West. 100
96
100 670
Massawl{>pi
Union
114
93
lO'j 112
pref
100
Tol.8t.L.AK.Clty..l00
do
100 785
Meiuph.* Chan
45
31's Pacific Mail 88. Co.lOO
oSV 39 United ita tea
US
pref..lOO
do
17i« 18
100 175
Mexican Central ..100
Washington
Penney It. Steel... 100 202
a. N.J. RR AC. Co. 100 2J1H 232
Mexican Nat., Tr. rec.
63
Jl.V.gc BR'KI.VN
100 6139
anlonPaoltlo
Phlla. Co. Nat. 0*9.50
1.50
KKS.
Mex. Nat. Consir. Co. "l7
15
22
!P(,u^h. Bridge ....100
otica ABlackRlv.lOO 131
Micbttran Cent-, ..100
96
Puum'n Palace CarlOO 19. 1921a See Local Securities in
vt.A .VIa.s9.,l'sed.6.100 132 133
MU. Lake 8. AW.. 100 92
18
CUuoslCLE each 10'*.
4y<i 47
17
93
8an Diego Land
Virginia Midland.. 100
13
13 >4 3t.Louis B'dge.lstpref «109
111
except third of month)
do
11^
prei.loo 111
100
Wabash RR
„,,
2714
.<.7'«
Milwaukee & Nor. 100 15
55
UAS STOCKS.
55
pref..lU0
100 c53
do
2d pref. cert
Mine H111&8.H....50
lOJ
50
Bait. Consol. Gas, .Veit
^^
St. Louis Tun. RR.IOO el07
Warr'n(N.J.MVd,7.50
23I1
.50
80
Mlnneap. & 8t. L..100
Bay State
6
7
Enl (Bj3t.)...50 "b4
it. Louis Transfer Co.
West
bJi4 South'n Cotton OiICj.
83
Brookllne, Mass. . 100 119%
ao
l***
13
54
Pref... 100
do. pref. (Bos.) 50
60
Mlsso'i Kan.* Tex.lOO
8*4 ^est Jersey
7
Tex.APaj. L'd Fr.lOO 191 20 •» Brooklyn, L. I.—
50
25 108
Pf d.ct rts. w hen ies'd
43% Uuloa Kerry Co... 100
Brooklyn
2»''e 23 H) ^est Jersey A Atl. 50
20|
13
68
Trust Etc
12
140
Citizens'
10 >« 11
Un. St'k Yds. Co. Chic. 123
"(Western Maryland. 50
9I4
Municip.lOO; 122
Missouri Pacitlo. luO
Fulton
7438 71% Weat.N.Y.APonn.lOo
Wagner Pala(^ Car Co. 131 139
34'8 3,ie West End Land (B.)st.)
1-418
Mobile A Ohio
Metropolitan... 100! 96
ISi Wheel. &L. E
15
100
100
251 118
115
Morgan's I.«.&rex.l0O
Nassau
pref.lOO; 69 '8 70 »8 Westingh. Air Br'ke 50 113
do
lo|
Morris & E'x, gu.,7.50 149
80
People's
C0.1L. A MI.Nl.NU
VII. Columbia A A. 100
WUliamsburg ....501 122
Nashv.Chat.iSi at. L.25 102 >4 loa^ \viiuiinfct)nA Nor..50
21
STOCKS, K.V.
-Noihua ALowelL.loo 192 195
112
Cambridge, Mass.. 100 199
American Coal Co.. 25
iVilm. A Weldon, 7.100
Charl68t'n,8.C.,Ga8.2?
N'squehonlng VaU'yaO
53 14 5*
51
301a 31
'jaha:ja Coal ....100
(VlsoonsinCent. ColOO
lis Chelsea, Mass
IOC
Sew Jersey A N.Y.IlO
70
31a
Cameron Ir.A Coal 100
Pi^f.lOO
(to
46i3[,Ch;oago Gas Trust.lOO
do
46
pref. .100
Colorado Coal A 1. 100
Wnr.Nash.A Rooh.lOo 121
81 fCfaiclr. G. ACoke.lOO
Now Jersey Southern.
38
79
Fuel
100
C(,lorado
CA.^fAL, HONDS.
I9i4 1fia8t Boston
25
781, Col. Allock.C. iVf.lOO
New London & North.
19
ISO
Cues.ADel.-lat. 58/16
'Hartford, Ct., G. L..'23
S. Y.Ceut.A H.Rlv.lOO 107 H
221s •i5
Consol.Coalof Md.lOO
JAJ :;0
Ches. A o. 68
_,
1 1
i"r2ii! Homoatake .Min'g.lOtJ
'Jamaica Pl'u.MasslOO
9
H.Y.Ch.<&8t.L.newluo
16% iXl*i Lehigh NaT.- 4148, '14
70I4 70 •«
30=8 31
do
'.lersey City— People's
Isi pref. 100
IlliaoU Coal A Coke
BR. 68, reg..'97,Q-F 11215 113
23
do
10!)
Jersey OAHubok'n 20 180
2ilp:ot.lO0
y8>4 ^d't'
Lehigh A Wilkesu.Coal
ConT68,g.rg.'94MA8 107
n. I. & HariBiu ....51' 2ju
Lawrence, Mass... 100 141
11414 Marshall Con.Coal. 100
dB,g.,cp.Arg..'97JAi>
16
11
LoulsTlUe Gas Light. 123
loo
H.Y.Laok.&West... 100 1131$
Maryland Coal
78JAD 131
Cou8.M.,1911
100 210
85
80
Lowell
le
....100
H.Y.L.ErieA We8t.l00
26
26
10s
Mlnu. Iron Co
Gre'n.Tr.7.-,'92.FAA
10
8
Lynn, -Mass., G.L.. 100' l£0
Pref. 100
61%
New Central Coal lOO
_ do
4133,1924 103
l.«h.C.AN.,
47'
25
LlOO 15
.tfald. A Melrose... 100 120
K.Y.AN.Englaud.lOO 4b
62
64
N. Y.A Perry C. A
coup.. 1910
40
40
39
.Memphis Gaa
do
Pref. too lis
no Penn.— 68, STOCKS.
Ontario sil. Mln'g.lOo
CANAL.
S.Y.N H.&Hartf.loO 247 251
,s. Orleans Gas L.lOO 101
founsylvaula Coai.So 2io 3oO
Cheaapeake A DuL.ftO
6(4 New York City—
6
N.Y.&North.,i>ref.luu
vjuioksuvur Mm'g.HKj
RRi.
Del. A Hud.— •eo
Si
S.Y. Ont. A West. .100
35
361a
Central
Drer.l(>o
18
IS"* Lehigh NaTigatlou..50'
do
52
lOt
12isl 20
95% 96
Consolidated
N. Y. PhU. (ft Norf.lOO
dundiiy Ci"cok Coal..
Morri8,guar.,4....100» 80
lOtii lis
119
N.Y. Prov. ABost.liO 23
E(iuitab!e
do
p <.-f
do pr.,guar.l0..100»^00
„.
10'
56 !«
1<)9
56
Mutual
7*4' fI|!«C'L,L,ANEOUM
Sf.Y.Husq.A WeafnlOO
7
Tenn.CoalAU'onColo"
85 100
'Jas.pf.lOj
loo 101
Standard
^a**
I'lcl. loo
do
do
PreMOt'
BOIVOS.
Newton A Wat'n..lOO leOH 176
N. News 4 Mlsp. Val.Uu
17
10
Amer. BoUrel. 7s,'98. 41'2 112>4 Whiteur'st F clJo. lOO
Pittsburg Gas Co. ..50]
SI"CK!«
l!ro«.<St West,, coui.lOv.
191a 20
108
Aiu.WaterW. C8.1907
75
70
Portlanu, .Me., G. L.5(
100 150 156
61
do
61% Am. 88., 6s, '96...\AO 10?
Jidaiua
prei.loo
14i« 17
117
100 113
S-. L0UI8 Liciede. 1' 0|
Ho. Pennsylvania.. JO I ffSis 89'a Birmmjf. Eciuli'. Jo 6s. J103ia 101
American
pref .|
88
do
85
lOlg'IOJ
100
Sorthern Central .5ot» c9
7o»4 Host. A Mouc, 78, '9d
United States
lOOi i'l2
y2i4 WoiHi. Fargo A (.;(>. 100 140
145
Salem, Mass
Northeastern
00
5,
Bost. Uu.Ga„rr. c.58.
S8H 55^
San Fiaucisoo Gas
Sortij'n N. Uamp.lOO 156
STOCKS.
157
74
74's!
-id, 58, 1939.... JAJ
L.2o
44
45
27 18 27 1» Wash'tou CiDV (i.
Nonh'n Pac, com 100 30 13 31
Aiu.Col.Oil.l'r.iuo 100
CahabaCoal,lst,7s,'07 11015
.fll.MNU STOCKS,
11
74'« Chlc.G.L.*C.let,58,'37
S'3'» Am jncan Cattle
do
74
Pref. 100
19
(N. Y. AS.l-V. FRAN..
Noi rt.*it Worceaier.lov 179
Col.Coalii Iron— Ist, 6» 103>«il0ll4 Ami. Pig Iron Wjr'uts
•95
1-05.
lli8':Adams Cons
44
Oid. A L. i;iiamp.ll"'
6ii'
9!j
Cuicago Gas
8
C.&H. C.AIr.,63.l917 96
37i« 38
-.
AmaiUr
1
31
Dlatlllors' A Cattle F..
OhloIn(l.i\Ve%t..reoi
C'iust*c<£ Tdu. Istiuo 4
-03 ......
46
Aiuerican Flag
45
iomillO',.:i«| Linseed OH
do
19
25
rrct.-rcor
Con. Gas., Bale. .oou.bs
18it)
is»6 Alice
Ohio A Miss
2014' 2'
JiJ 1141a 115i«,'Natl(mil Lead
YiZ
100
69, 1910
140
100
I 10
9(Jia 9338 Alta Montana
do
Pipe Line Certitl(;ate8,
Pref.lOO* H'^
85
Oor.Coul conv.68'97.. 102's'
"'''
OT
Astoria
l«6
OnioBouthfTi.
BtanlarlOil
100
li'a 16
E(i.G.AF. CUic. lal,68'
ftiuotatlons per share.
e In LiondoQ
riKu uuuiinal: no late transaotloos.
Puruuaser also pays accrued interest.
;
W
.
.
.
I
j
I
i
I
HOKSE
I
I
1
1
.
1
. .
. .
;
1
I
.
j
\
i
,
EXPRESS
,
'
. .
U5
—
TKUST
i
1
'
.
I
I
!
,
I
I
A
I
I
'
I
)
I
THE CHROMOI^.
386
fVOL. L,
GENERAL QUOTATIONS OF STOCKS AND BONDS—Concluded.
For Bxplaaatlonn See Notes
HrNiNO Stocks.
Bid.
•18
Barcelona
Belle Me.....
Beft & Belcher
Bodie
Breece
IOC
"d-Yo
100
35
100
Caledonia B. H....10U
1-95
41
Bulwer
Caebier
Castle Creek
Consol. California. 100
•02
•02
Consol. Cal.
4-45
& A'a...
100
DeadwoocI
Denver
Dnnkin
4-47
1-40
140
1^70
City Con...
ElCristo
Eureka Consol
Father De 6inet
.70
1-45
,
VZO
100
IOC
3 01
0-30
105
0^40l
i^io!
Gould * Curry 8. .100
Hale&Norcrofs. .10(
Holyoke
1-SO
2-30
1-75
3'oO
..
Frei-land
Horn
•CC
"2^-'4'6
Silver
IronBilver
2C
Iron Hill
Kinfcs.t&Pembi'ke Iron
taorosee
Xe«aville Consol
10
10
5C
L,ltHe Chief
ilttle Pittf-
Mexican G.
Mono
Moulton
Navajo
North Belle
Ophir
Oriental
&
& SUv.lOC
100
Isle
10
Plj ni out 11
Potosi
•4.'i
"'so
•51'
to
•09
•27
•i'5
•9"
S^fO
•81
Con sol
IOC
Rappahanock
]
Kobfufeon Coneol . .
Bavage
BlerraNevada
50
100
Silver Kinjf.ass'nt paid
Standard
Butro Tunnel
loO
do Tiust cert
Union Consol
Utah
Yellow Jacket
100
"i'io
•05
•30
1^50
2^05
•40
•15
•05
•45
BOSTON 1*1 1 NlIMf.'.
1^90
2n
2^
25
1338
& Mon. (Copper
Buite & Boston
25
Best.
.
47
14>«
Am.Llnen(F,Klv)H00 107
110
^N. H.)
100 11614 1161s
Amoekea>;(N.H.) 1000 2050 2055
Androscog'n (Me.). 100 1431s 144
Appleton (Mass.) 1000 665 660
Atlantic (.Mass.). ..100
991a 100
Baruaby (Fall Kl v. .
115
Barnard Mfg. (F. E:.)..
78
Bates (Me.)
100 U9>a 120
Boott Cot. (Mass.) 1000 1340 1350
Border City Mfg. (F.K.; 9"5'6^^ l'.>5
Boston Co. (Mass.) 1000
975
Boston Belting
100 175
180
Best. Duck (Ma8S.)700 X1125 1150
Chace (Fall Kiv.) .100
104
Chicopee (Mass.) ...100
90
91
Cocheco (N.H.)....500 490 495
Collins Co. (Conn.). .10
8% 9
Continental iMe.). 100
201s 21ig
Cres't Mills (F R.) 100
45
50
Crystal Spr. BI.(F.B.).
50
Davol Mills (F. K.) 100 106' 1021s
Dougl'sAxe (Mass) 100
Dwight (Mass.). 500 770 775
Everett (Mass.)...Ne-w
80
8OI4
F. R. Machine Co.. 100
55
Flint Mills (F. B.) 100 ICO
i05'
Franklin (Me.)
100 108 10814
Gl'beY.Mills(F.K.)100 117
Granite (F.R.)
1000
Great Falls (N. H.)100 1071s 108
Hamilton (Mass.) 1000 1005 1010
Hartl. Carpet (Ct.)lOO
93 100
8OI4
HiU(Me)
80
100
Holyoke W.Power. 100 230 300
Jaokson (N. H.)..1000 910 915
King Philip (F. R.) 100 105
JL»conia(Me)
400
530
Lancaster M.(N.H)400 570 575
L'relLake Mills (F. R.) 105
108
Lawrence (.Mass.llOOO 1050 1C55
Lowell (Mass)
690 640 645
Lowell Bleachery.lOO \3i 140
Lowell Mach.8hop.500 840 850
Lyman M. (Mass.). 100 65
66
Manchester (N.H.) 100 1491s 150
Mass. Cotton
1000 1030 1040
Mechanics' (PVR.) lOO
95
)
.
*
.
C8
1205
110
1125
!40is
Fourth National ..10
135
55
58
b7
1145
Market National.. 100
Merchants' Nat'l.. 100
National Lafavettel 00
Ohio Valley Nat'l 100
Second National ..100
i"j3
,
lOifi
100
124
11
39
13I4
135
129
i
120
136
100
100
100
100
100
100
100
100
100
170
8418
831s
37
144% 145
119
120
115% 116
123
1401s 141
121
100
50
40
50
60
100
1;5
600
190
420
160
145
200
50 250
ino 2iO
QaotatlODs per
American Nat
108 M
Bank of Commerce. 10 llifi
& Banking.. 100 170
100 30>s
Citizens'
Germania Nat
100 195
Hiberuia Nat
100 200
LouisiauaNat.. .. 100 200
Metropo.ltan
100
Mutual Nat.,
100
New Orl( ans Nat. .100 625
.50
People's
S9
100' 150
State Nat
sliare.
New
.100, 14313
212
162
295
290
190
147
250
350
4500
470
180
25
230
100 207
100
IC7"
2';7i«
103
165
leo
FIBB TNSVB'CE
STOCKS.
III4
Hartford, Conn.
.100 161
287
127
325
il^tna Fire
215
225
215
158
91
U6
216
165
98
!
.
..
.100
,
100
100
100
100
50
Steam Boiler
124
318
144
(•21s
107
NeiT Vork.
100
150
1000 90
50 140
23 100
25 135
Alliance
American
Bowery
Broadway
Commonwealth. ..100
112
110
65
2'.'5
Citizens'
2(
City
70
310
305
Ck>ntinental
100
Eagle
149
Empire City
Exchange
4C- 220
100
80
30 90
50 105
Farragut
File Association ..lOl
80
(B'klyn). 50
00
11-2
Fourteenth Street.lOO 165
100 162
Fourth National
Gallatin National ..50 290
. . .
400
120
German Exchange.lOO 270
Germania
100 270
Greenwich
25 145
100 310
Hanover
100 150
Hudson River
Importers' & Tr...l00 550
50 199
Irving
Leather Maniitts..lOO 243
100 200
Lincoln
.Madison Square. 100 100
.Manhattan
50 190
Market & Fulton.. 100 220
25 215
Mechanics'
lOi
(Jemian American. .75
118
. .
245
220
159
120
8
100 325
100 350
50 300
50 170
100 242
New York
York County 100 430
New
N. Y. Nat. Exch'gelOO 135
100 155
Ninth National
70 145
North America
30 145
North River;
25 215
Oriental
50 175
Paciac
100 300
Park
25 250
People's
Phenix
20 139
Produ.e ExchangelOO 112
Liberty
Long
16 i'
Isl'd
Man-af .
National
125
355
250
105
195
225
New York
50
Niagara
25
North River
25
PaoiHo
100
Park
20
Peter Cooler
50
People's
Phenix (B'klyn).... 50
25
Rutgers'
50
Standard
25
Stuyvesant
25
United States
10
Westchester
WilliaiDSbnrg City. .51
230
162
130
9
MAKINE INSUKANCU SCKIP.
1886
Atlantic Mutual..
1887
1888
1889
1890
Mouut Morris
175
250
.
IdS
140
3'25
132
160
120
113
120
40
Tradesmen's
United States Nat. 100 215
96
Western National .100
]00 200
West Rifle
50
37ii
Flre....lOi
.Metropolis
iMurray Hill
Nassau
—
& Builders'lOC
Nassau (B'klyn)
Garfleld
157
i'io
i'ii'
116
192
87
137
139
100
150
60
75
45
100
135
65
75
150
80
160
60
1b5
75
136
120
100
90
165
170
310
lOOis
lOlis
1021s
1031s
104
110
140
115
115
90
235
230
90
100
110
103
83
320
175
120
200
60
90
142
145
105
160
70
80
70
50
110
140
70
83
160
90
170
70
160
65
140
130
105
100
170
175
320
101 >«
102 1«
103 >3
104 >a
1051*
Commerl. MuM873-82
PRICES OF BXCHANGB
MERIBeRSHlPS.
N.Y.Stock
Last sale
Mar.
N.Y.CoiJ8ol.St'k& Pet.
240
147
94
200
198
105
76
303
165
115
190
60
Bepullic
IOC
IOC
Seaboaid
Second National.. IOC
.Seventh National. IOC
100
Shoe & Leather
St.Nicliolas
100
100
Stateof N. Y
Third National. ...100
...•
248
165
49D0 Firemen's
17
German-American 100
185
Citizens
50
Germania
Columbia
50
Globe
212
25
Commerce
Greenwich
110
C3oiumerc;al...
100
Guardian
(>)ntineutal
..100 1381s
1<^
Hamilton
Coru Excuhnge ...100 240
50
Hanover
.'25 I do
100
East River
Home
Eleventh Ward
25 15i)
30
Jefferson
100 1200
Fifth Avenue
Kings Co. (B'klyn) .20
2:0
Fifth National
30
Knickerbocker
100 2000
First National
Lafayette (B'klyn) .50
Mechanics' & Tr.. .25
100
Mercantile
Merchants'
50
Merchants' Exch'e 50
100
Metropolitan
170
270
of California..
First N.at. Gold. ...100
Paoiflc
103%
York.
First Na'.o) Staten Id
98
128i«
100 400
Bank
Connecticut
Hartford
National
153
Orient
1411s 14iis Phoenix
America
lOOJ
American txch'geluO
Asbury Park ^at. 100
Bowery
100
Broadway
25
Butcliers'ifc Drovers25
Central National.. 100
Chase National »..100
Chatham
, ....25
Chemical
o. ..100
City
100
123
Louis.
Bank of Com. 100 140
Commercial
'
Whitniy National. 100 282
117
52
122
Continental Nat. . .100 121
100 280
Franklin
274
Fourth National ..100 275
220
100 105
International
I8214 200
100 155
Mechanics'
115 120
Merchants' Nat ...100 127
140 1421s St. Louis National, 100 150 152
330
Third National. ...100 II6I4 117
I4414 146
San Francisco.
95
210
Anelo-Callfomian...
Orleans.
UidjnNat
1914
120
lf3ia 105
Canal
Brooklyn.
Nassau
.
New
. .
Fri<e nemlnal; no late traDsaotioiis.
100
First National
German National .100
•2."^
Fulton
(3ity National
(Commercial
Ixing Island
Manufacturers'
Mechanics'
Fifth N6ti<inal....l00
Ask.
St.
Nat,
Commercial Bank. 50 110
Equitabl cNational 100
1050
110
200 2i:^
i.'ontral
1K5 137
95
M5^
City
lOO 126 "s 1-7
Columbian
liais
lOu 133
Commerce
100 971s 9 J
Com iiiercit' 1
C'>mi"Don wealth... 100 167
.^,'>
100 120 1
Conttnenta: .
Eagle
100 108 ^ 109
IOl 1341s 135
Eliot
IOC 103
105
Everett
100 !28 129
Exchange
147l«
IOC l47
Faneuil Hall
25,'>
3
100
Firsi Natiouai
100 '32 134
First Ward
Fourth Nat onal-.iot 113'9 115
lOO 106% 107
Freemans'
100 103 1021s
Globe
100 lilO 123
Hamilton
Hide & Leather .100 123 125
Howard
loO lHi« 112
100 1141s 116
Lincoln
108
vianufacturers'.. .100 1C6
100 100 ifl 102
Market
.Market(Brighton) .100 1021s 103
Massachusetts
250 110 no's
Maverick
100 250 255
Mechanics'
100 136 137
6814
100 63
Merchandise
Merchants'
IOC 150 I5014
100 1011* 102
Metropolitan
Monument
100 220 22o
Mt. Vernon
100 I38I4 13Sis
New England
100 165 166
North
100 1461s 147
Nurth America
100 122 1221s
OldBoston
100 117 1171s
People's
100 160 163
141
Redemption
100 13J
Republic
IOC 171 172
126
Revere
.100 121
Rockland
100 150 152
Second Nat
100 190 19JI4
(Jeoorlty
100 200
l32
Sliawnint
100 131
Shoe & Leather.... 100 100 10l'l4
State
100 I26I4 126ii
Suftolk
100 117% 118
Third Nat
100 llOis 111
Traders'
100 llOis lOl
Tremont
100 Ills 113
Union
100 1441« 145
Washington
100 128% 129
Webster
100 102 103
Brooklyn
First National
Chestnut
Atlas National
100 100
Citizens' National. 100 2271s
.^40
Boston.
,
i'e's'
Cincinnati.
5-4
-.27
75
20
47I4 Broadway
1434 Banker Hill
NorthwcBtem Nat 100
UnlonNational....l00
118
461s
34 German American 100
1
4 00 H'lward
3<
2 05 .Marine
.Mechanics'
1(
•40 .Merchants'
10(
1^73 National ExcU'ge. 10(
20
People's
Second National ..100
Third National.... 100
Blackstone
Boston Nat
1358 Boylston
135
325
00
140
500
280
139
250
.
I
62
Firmers'&Planters'2;
FlrslNat.olBalt-.lOf
61
C7' Franklin
2 '8
Bank of No, Amer.lOO 335
St. Nat. .100
60
Commercial Nat
310
Comm'iiwealth Nat. 50
lUO 235
1371s First National
Fourth St. Nat'l.... 100 123ifl
98
40
fiirard Nat
150
50
Kensington Nat
575
60
Keystone Nat'l
Manutact'r'rs' Nat.lOO
100 125
Mechanics' Nat
260
Nat.Bk N.Liberlies.SO '95'
50
Penn National
iVo'
Philadelphia Nat..] 00
Sevenlh National. 100
Western National.. 50
136
113
132
110
100 250
Commercial Nat... 100 285
Chicago Nat
112
•z75
Bid.
Ptalladelptala.^
Atlas National
Continental Nat. ..100
First National
100
Port Dearborn Nat
Hide and Leather. 100
Merchants' Nat.. .100
Metropolitan Nat. 100
Nat. Bk. of Amer..lOO
Nat.B'koflllinois.lOO
Insurance Stocks.
Ask.
Bid.
.
& Merch. .4(
Atlantic
2-25 Atlas
Stocks.
Clilcaso.
American Exch. Nat
Si^0
Baltimore.
08 Union
Western
Pase of Qaotatlons.
10' 14fiis 150
Third National
Western German. 100 2771s 300
110
MANCFACT'INC.
.
BANK STOCKS.
.30 Farmers'
<fe
Amory
aobeson(F. Riv.)1000
laganiore (F. Riv.) 100 i'16"
»almoiiFalls(N.H.)300 270
iandw.Gla98(Mass.)80
92
ihove (FallElv.). 100
«ade(Fall Riv.)..100
100
Jtafford (Fall Riv.)
«ark Mills (N.H.)IOOO 1200
recuniseh (F. R.).100 105
rhorudik('(Mass.)100C 1100
rremont&S.dl.issllCC 140
Troy C.<feW.(F.K.) SCO lOCO
Union C.Mf.(F.R.) lOt
\Vampanoag(F.R.) 100
W.ishingt'n(Ma88.)i00
eo
W.ietamoe (F. R.llOO
S3
WlUlm'tic L.lnen(Ct)2.''
75C 1110
York Co. (Me.)
FIr«t
Bank
Ask.
120
1325
75
144
95
'40
Hecla...25 254 255
Catalpa Slver
30
24c. 25c.
Centennial
24
24 >4
25
Central
10
15
25
Franklin
1408 14 78
25
•^^
Huron
25
31s
914
Kearsatre
25
9h
II4
National
25
1%
Osceola
2878 29
£5
Pewahio
8
25
9
Qulncy
63
25
69
II4
Eldee
1
25
Tamarack
25 xI57 1571s
Calumet
Pocasset (F. R.)...100
aich.Bord'n(F.R.) 100
2 50
•45
Allouez
Atlantic
08
12
500
PepperelKMe.)
Head of
108
345 3b0
1790 ISOO
X1340 1350
112
95
92
Bank of Baltimore 100 142
Bink of Commerce. 15
15
2-90 310 Citizens'
10
20
ar •40 Com. & Farmers'.. 100
30 32 Farmers' B'kotMd. 30 33
•05
Miller
Phirnlx of Arizona...
2'oO
l^-5
05
500
Vewinarket
Paoiflc (Mass.)... 1000
100
Clirycolite
50
Ccnistork Tunnel..
Cro-wn Point
Bid.
Stocks.
Merchants' (F. R.) 100
Herrliuack(Mass)10<)0 1320
VIetacomet (F.E.) .100
Middlesex (Mass.). 100 14351
•45 Harragans'tK F.R,)1 00
90
Sashua (N. H.)....5O0 575
Maumkeag (Mas8.)10D 107%
30
200 235
•20
•19
17
Con. Iraperlal
Chollar
Banx
Ask.
at
$20,000 bid.
20,000
30U ask.
290
Last sale. Mar. 13.
1,COO ask.
N.Y. Produce
950
Last tale, Mar. 12.
600 b., 650 a.
N.Y. Cottou
625
Last sale. Mar. 10.
650 a£k.
N.Y. Collee
650
Last sale. -Mar. 1.
55 b., 60 a.
N.Y. Metal
45
Last sale, Feb
B'lEst Exc.&Auo R'm 1200b.-50a.
1,200
Last sale. Mar. 5..
12,500 bid.
Boston Stock
130
Last sale. Mar. 1.. 12,500
117
Stock ...
Philadelphia
121
Last tale, Jan 28
87
Chic. Boarit of Trade.
Last sale. Feb. 1..
9bis
PittHl>.PiT.,Ki'k*Met. 475 li ,490
.
I
r
Mabch
THE CHRONICLK
15, ISUO.J
the week ending March
Mew fork City Bank Statement for
We omit two ciphers (00) in
as follows.
8, 18S0, is
Buk of New York...
Manhattan Co
MerchantH*
Mtich&iilus'
Phenlx
CMt7
9
1,668,:
1.300,]
GaUfttin National
Bntobera' ft Drovers'.
Leatber Mnnntact'rs.
SeTeuih National
State of New York...
Amerloui Bxcbauge..
Oommeroe
Broadway
200,0
600,0
422,7
1,600,0
450,0
200,0
700,0
..........
Peoples'
,
...
Kortb Ajuerloa
BanoTer....
1,000,0
500,0
600,0
500.0
750,0
500,0
600,0
OltlEens*......
NasBan
Market
St.
A Fnlton
Nicholas
Corn Exchange
1,000,0
1,000,0
Oriental.. .... .......
300,0
1,.500.0
2,000,0
240,0
250,0
3,200,0
2,000,0
300,0
750,0
5j0,0
1,030,0
300,0
250,0
Importers'
Traders
<&
Park
Korth River
Fourth National
Central NatloLal
Becoad National, ,.,..
NlnUi National
First National
Third National
N. Y. Nat'l Kxobangc
Bowery
New York
7,726,1.
2.S.44.1
3,0>?8.0
2,2:17,0
21548,0
20,479,1
2,063,7
l,240,a
16,895.5
7,332,0
132,8
1,543,1
583,7
5,006,4
';l,865,5
7,611,0
1,495,3
2,651,0
2,449,5
3.046,7
9 926,9
4,318,6
4t7,'J
German- American. ...
Obaae NatlonaL..,, ,.
750,0
289,0
231,8
600,C.
751!,!l
VUth Avenue..... ...
German Exchange...
100,0
200,0
200,0
600,0
300,0
200,0
150,0
300,0
200,0
600.0
8,600.0
300,0
737,8
468,7
394.5
499.9
258.9
296,7
275,0
512,3
231,5
145,8
County...,
Q«rmaDla
SUtes
TTnlted
Idnooln
Garfield
Filth National
Bank of theMetrop..
West mde..... ........
Seaboard
.........
...
Weatetn National
FlTit NaUonal,B'klyn
200,1,
1,394,7
797,4
105,0
116,1
971,5
688,0
75,0
261.1
9,109,8
4,000,0
l,14i6
170,0
215,0
138.4
995,6
105,3
580,0
270,0
40,8
266,2
200,3
263,2
201,5
321,0
680.0
260.1
ll5.b
841,0
2,867,..
16,919,0
7,627.0
5,053,0
6,884 4
21,348,9
8.628.7
i:406:9
2.749.0
2.925,5
2,774,7
12,040,8
4,717,0
3,412,3
3,032,8
5,631,2
a,45 91
3,687,1
1,999,5
4.955.7
2,294,0
4,629,0
7,529,8
3,964.0
2.i4,3
1,676,3
8,053,3
80,862,7 57.620.9 106.230,1 77 36.5.9 25,547(1 410.806,2
Total
Vapital
Loam.
SjiecU.
Le^aXt.
Dtpotitt.t
'.'f-c'rv
9
S
K. york.'
CTeorlnjj.
2.437.1 88,274,3 29,1*81,5 131,599,6 3.373,1 754,146,1
Feb. 8.... 118.483 6 412,
"
15... 118,483, 61414
l!21l!9'85!912i3 29,17l!9 430.348,1 13,39'2,3 679,961,4
"
Mch.
21.... 118,483,
"
61111,574.0'8'.'.911.4|27.723.7 427,737,2
,
—
3.336,6 596,610,3
1.... 118.483, ,6 409,710.9 79,847.2 27,171,8 418,619,2 .^.350,7 768.a81,l
,710.9 79.847.2 ^ i ,\1 1,3 vxn.uA:,,.: .~>,oo\j.t tKto.ijok.L
8.... 118,483, ,6406,"- '
,230,1,77,365,9 25,517.0 410,806,2 3,472.7 7'J6.403.8
Boston.*
"
3 152,
i.052,8
66,492 3 1611.381.6
1,130,8
65.493, 3 16P,
6,';.492,
1....
8....
Fhila-'
Feb. 21....
Mch.
34,591,8
34,591,8
34.591.8
1....
S
...
9.379.0
6,219.0 128,719,5 2,624,8
9.1:39,1 6,150,2 126,205,7 '-',652,2
9.295,51 4,654,0 124,051,7 2,725,1
96,296,0
9«.186,0
95.869,0
23,254,0
22,969,0
22,187,0
m
• Wt omit two clvheri
all these Agurer,
delphla, the item '^ due to other banks,"
76,726,5
93,031.4
92,017.4
91,676,0 2,131.0
91,426.0 2,131,0
89,315,0 2,139,0
+ Including, for
60,763,3
78,848,8
76.000.1
Boston and Pblla-
New York—Monthly Statememt,— In
FoKEiaN Trade op
addition to the tables on another page, mide up from weekly
returns, we give the following figures for the full months,
also issued
ment
by our
New York Custom
The
House,
flrot
sta'e
covers the total imports of merchandise,
NEW YORK.
IKPORTS INTO
1889-90.
Month.
It is
published on the
Dry
Oooit.
1888-80.
Qentral
Merchan-
Dm
lotot.
Coodt.
dise.
General
Merchan-
Total.
RAILROAD EARNING?.
Luteal Earningi Reporltd.
t
July...
12.082,380
August..
11.793.529
September
October ...
12,885,88'
38,082,098
^4.114.638
t
18,131,41;
13.968.020
87,434,105
41.402,425
45,908.167
11.710.42.*
20,315.506
38,056,031
24,988,015
SS.274.670
37.873.88i
IO.IBB.33'3
20.80'*.740
WeehorMo 1889-80.1
J
1
Alleghony Val. January...
November
37.008,072
46.884.171
10,1M,018
ltf.065.212
43,:i29,aC
8.8B7.369
81,388,202
40,883,571
6,905,361
28,0».|.141
35,068,3(Nl
December.
10,576,808
31,669.367
42,248,175
8,16'?,713
33.057,880
4l,228.0il3
January....
18,566,805
29.747,151
46.313.958
16,9b4,l80
31,642,55'
February
18,795,270
27,922,0271 43.718,19?
13,708,968
30,359,200
17.828,717
4t.l58.268
.
Total...
&Atl. February
.\nnl8ton it Gin. February
At cU. T. & S Fo. 4 til wk Fel
1th wk Feb
Half owned
.
. .
(
.
At New York.
Total Merchandise.
JTonth.
ifonth.
1889-90.
July
23,394,12-
August
September
31.544,187
October
31,841,19.*
November
December
27,717.301
January
25.106.491
February. „
1888-90.
:1888-8J.
8T.040.5SI
28,866,001
32.3<'9,918
234,209.784 811,076.085
July
Auteust
September...
—
October
November...
December..
Jaauary .,.
February
.
.
Toi«l
,
1868-S:).
l.S.787.330
14,159,594
13.321.50:;
13,851,742
12.016.10t'
12,121,0«1
12.202,03.
11,969,-19
11,178,001
9.80^.8/8
10.997,l)8«
10 ,9r 2,009
I5,.i23,82:t
14,1)31,760
18.88.<,61,i
18,H51.911
108,616.409
9».BB7."37
$
169,069
.
1
•
.
.
.
.
'
.
.
.
.
.
.
.
CUSTOMS RECEIPTS.
Jan. 1
(o
188U-90.
.
.
07.17-.169;^51.1H5.0m|;!51,863,337j; 90.988,998 ^36,781.234 68r.770,2Sa
BXPOBTg FROM NEW YORK.
Total
183,517
7,aoo
9,883
541,783
29.819
571.402
149i998
9.680
1888-9.
ImIuI Date
I
188S-0.
*
1 83,517
169.069
7,439
15.405
15,682
8,069
22.115
16,175
425,388 1,192.720 3,482.065
24,266
230,382
252.655
Total system ItUwkFob
419,654 4,423,301 3.034.473
Atlanta & hir. Dccismb'r.
129.103 1,516.416 1,323.12-2
Atlanta & Flor'ii February
7,439
20.5''3
15,518
Atlanta &W.Pt Feliniary
44.611
41,031
95.266
89,297
36.001
All. ife Uauville. Febiuai'y
23,400
70.580
44,900
st wkMch
48.'241
Atlantic .*r Pac.
46,856
472.967
524,315
B.&O.EastLiues January... 1,480,680 1,234,234 1,480,680 1,2'J4,234
Westei'u Lines January...
410.057 372,08
410,057
372,084
January... 1,890.737 1,606,318 1,890,737 1,606,318
Total
Bal.&O.Southw. l.stwkMoh
47,753
37.440
415.464
378,490
Bait. & Potom:^c January...
134.099
115,701
134,099
113,701
Creek
January..
Beech
74.271
74,517
74,271
74.517
Bir.Selma&N.O. February
1.84(
1,403
4.040
3,238
aua.Roch.AFltl IstwkMcb
30.433
34,394
286.173
365,270
Burl. & Nortliw. February
3.453
5,185
7.668
10,047
Burl. & Wostcrii February
3.965
4,669
8.430
8,118
Camden & At I. January...
35.483
36,04
35.483
36,041
Canadian PaotUe 1st wk Mob 239.000 229,000 2,084,141 1,970.984
43.027
Cp. F'r&Yad.Val February
31,975
82.789
66.761
101,704
Oeat. Br. U.P.. Dccemb'r.
77,972
854.960
903,324
Oen.KU.&Bg.Co January.
873,967
690,695
873.967
690.695
Central ot N. J
January.
893.974 1,014,919
893.974 1,0.U.919
Central Paclflc.. Deceuib'r. 1,043,271 1,272,917 15,530,215 15,838,832
Central of 8. C. Decemb'r
10,812
8.974
105.566
103.312
Ccntr'lVeriuont Wk Feb. 1
78.689
70,885
379,693
337,440
Cliarlost'n & Sav Jaiuiary.
73,89:
61,99:
73.899
61,992
Chat.K'me&Col. J.anuary..
32.500
16,012
3'2.500
16,012
Ch',itt'u'icaUui'u February
7.166
6,037
13.427
13,747
Choraw. & Darl Decemb'r.
8,506
7,675
86.696
82,149
Ohes. & Ohio ... 1 st wk Mch
128,951 101,001 1.285.931
969,001
Olies.O. & 8. W. I'"cbruary
153,949 163.910
328.155
334,236
Cheshire
Deeemb r
643,924
593.478
''7',052
"7>266
Ones. & lyenoir Decemb'r.
74.290
79.181
Ohio. & Atlantic. LstwkMch
43.251
45,650
453,462
377,368
Chie. Burl. & No January,
119.000
158,628
11 9,' 100
168,628
Chic, Burl. & Q. January.
2.181.408 1,916, 'J05 2,181,408 1,916.205
Lilies coulr'l'd January.
d36,(J01
548,421
536,0.»1
548.421
Chio.& East. III. IstwkMcb
69,612
55,988
50,8,854
487.144
Chic. Mil. & St, P. IstwkMch
415.000 429.755 4,031,911 3,762.278
CUc. ifcN'thw'u. January... 1,857,673 1,613,245 1,857,673 1,613.245
Ohio. & Oh. RlT February
4,723
10,331
6,586
14.458
ChlcPeo.&St.L. Decemb'r.
32,047
26.156
376.166
312.168
Chic. 8t.P.& K.C. Ith wk Feb
81,496
48.99
661,78
394,596
Chic.8t.P.5f.&0. January.
488,806 366,634
488,806
366.634
Chic. &W..
Mich. IstwkMch
29,805
26,168
228.202
219.612
Clu. Qa. & Ports. February
3,823
3,756
7.587
7,782
Cin. Jack. & Mai IstwkMch
9,321
10.367
92.607
93.619
Cln. N. O. & T. P. 4lh wk Fob
94.256
65.763
636,38
582,635
Ala.GtSouth. ItliwkFeb
38,647
41.875
327,426
306,219
N. Orl. & N. E. 4th wkFeb
24,149
24.510
197,826
138,940
Ala. &Vick8b 4th wk Feb
14,422
13,518
118,430
105,328
Vicks. 8h. & P. 4th wk Fob
17,226
17,138
117,576
104.320
Erlauffcr Syst. 4th wkFeb
188,612 165,892 1,447,651 1,287.448
Cinn.Northw'n. February
1.107
1,052
3,363
2,462
2.',374
Cin. Sel. & Mob. February
6,010
10,507
13,558
Cin.Wab.&Mich, February
37.958
33,437
75,522
69,912
Clev.Akrou&Col 4th wk Fob
13,079
14,49>>
119,976
99,002
Clev. & Canton.. January...
34,569
28,151
34,360
28,151
Cl.Cin,Ch.&8.L IstwkMch 251,.595 245,308 2,088,27; 1,937.956
Clev. & Jlarietta February
17,212
16,445
30,243
36,185
Color. Midland. IstwkMch
34,300
33,08.>
304,964
200.419
CoL & Cin. Mid.. IstwkMch
6,030
6,237
59.779
60,013
Col. Hock. V.&T. Decemb'r.
184.996 220.5(13 2.509..518 2,893,970
Colusa & Lake. February
1,939
1,249
3,180
2,756
CovinR.&Mac'u. February
20,326
12,957
9,338
17,574
40,02-2
Day.Ft.SV.&C'h.. February
77.244
77,854
37,704
Denv, & Rio Gr. IstwkMch 1.2,5,500 127.000 1.233,-t30 1.196.669
Den. Leadv.&G. Decemb'r
70,727 1.008,235 1,005.387
96,991
Den.Tex.&F.W. February
176,600
473,631
345.4«D
199,031
90,-149
Det.BayC.&Alp Istwk.Mch
102,039
9,987
11,687
18,553
178,307
164.894
Det.Lans'(;iNo Istwk.Mch
23.970
18,1-27
DuluthS.S.&Atl 4th WkFeb
179,582
230,079
25,769
K.Tcun.Va.&Ga. 4th wkFeb 123.858 127,424 1,103.375
995,724
EUz.Lex.&B.8... Docemb'r.
89,532
815,830 1,008,690
62.933
47,209
Evaus.&Iml'plls IstwkMch
6,367
40,083
4.289
149,921
Evansv. & T. H. IstwkMch
15 5a5
160,817
17,391
425,169
Fltohbur^
448,215
January.
448,215 425,16!'
421.446
Flint.&P.Marq. IstwkMch
551,270
50.877
73,259
207,693
227.023
Flor. Ceut.& P. 4th wk Fob
18.556
23.562
3.009
3,315
1,401
Pt.Ma<l. & N'w'u February
1.924
270.965
311.117
24,04.3
Ft.W.Cin. &L.. Decemb'r.
27.716
1.616.912 1.333,006
Qa. RR. icB. Co., Decemb'r
158,080 150,319
51.9;)2
14,520
1 4.520
Geo. So. &Fla.. January...
51,902
366.220
394.347
42.113
9r. Rap. & lud. Ist wk Mch
52,512
79.170
8.293
7tV>28
Cin.R.&Ft. W. IstwkMch
8,448
33.010
3,.">86
30.409
3,849
Other Hues. ..IstwkMch
Sraud Trunk. ..iWk. Mch 1 350,189 333.473 3,014,309 2,86.3.337
Aiiufstfln
.
8,809,301
\
BOADS.
.
%
Saturday of every
all regular subscribers of the Cheo.mlle.
Extra copies
are sold to subscribers of the Chronicle at 50 cents each,
and to others at$l per copy.
The General Quotations of Stocks and Bonds, occupying
iix pages of the Chroniclb, are now published on the
tbird Saturday of each month.
.
dise.
last
month—viz., January, March, May, July, September
and November, and is furnished with'iut extra charge io
.
Feb. 21....
Mch.
Companies.
other
. .
df
SuTvbu.
Bauks.
The Investors' Supplembnt, a pamphlet of 1.50 pages,
contains extended tables of the Funded Debt of Stales and
Cities and of the Stocks and Bonds of Railroads and other
.
1.018.2
520 2
40.S8
403,3
978,0
320,0
515,0
3,780,(
718,9
172,1
153,6
273,0
187.0
682,2
217.9
1.298.H
587.2
3,211,5
3,259,0
1.644,7
4 277,7
2.127,0
2.'i8.0
IS-'.S
268.0
169,2
777,3
4
12,079,0
6,911,8
2,942.2
4,845,8
15,658,1
3,216,0
2,694,5
3,207,8
4,358,9
1.812,0
3.398.0
6,336,1
4,897.3
2,012,1
22,091,0
23,911,9
2,208,9
633.6
120,5
403,7
640,7
174,1
2,411,4
1,109,2
182,4
2,688,1
4,15,8,7
43-1,8
542.0
7C0,0
399,2
2>92,1
1,232,1
2,924,7
16,362.0
13.029.7
250,0
847,8
235,9
1,017,0
1,20P,0
1,091.7
4.335,5
1.798.3
74.7
4,157,11
255,5
319,4
8,107,8
307,4
138,4
1.2 '.2,0
2,55:t,5
1,116,S
295,8
2.586,2
751,1
308,7
06t.3
4,297,8
068,9
315,8
380,9
898,0
191.8
682,0
714.3
5o0,8
155,8
4,410,S
4,948.4
107.4
182,3
3,604,«
2.773,8
2,559,1
4,013.0
1.957,8
2 763,0
6,447,3
4 203,9
4,528,7
2,197.0
99,3
102.3
174,4
31,5
364,1
819,0
302.1
2,993,0
2,390.4
861.1
1.140,2
11,220,3
S.sO'-M
2,377,4
4,612,4
K!,9S0,6
277,0
364,9
87,e
43.3.0
4.280,4
1,913.2
3,148,0
128,1;
5,331,2
1,130,9
1
4,25:<,'8
S29,«
146,2
496,9
294,4
18.'2.'>8.0
801,8
375,2
889,2
624,0
260,3
499.4
1,293,0
280,3
402,3
195,8
697.6
206.0
248,3
24,218
488,5
624,8
3.016,5
1,272,0
3,558,9
17. '54,0
1,646,9
4.377i0
10,719,7
1,030,5
915.9
2,7».-*,0
1.208.':
1,031,5
10,7.11 1
625,t
119,0
1,044,6
222,3
1,91 3,C
477,.'.
822,(
6,023,2
523,8
3,733,3
5,031,5
7,151,5
8,055,0
653,1:
2,ri92,.^
Intjelligencje.
9,6!<s.o
485,1
138,0
1,1)31,0
gaitoad
C
1075),0
400.(
84a.(
1,253,3
1,698,0
2,097,7
2'J,31»,8
3,281,>J
soo.c
1,200,0
5,000,C
8,000,0
1,000,0
1,000,0
Paclflo ...............
1.300.1
11,051,1
4.703.0
10,777,9
1.998.7
2,342,H
219,0
6,052,9
130,3
1,372,5
287,7
214,4
116,7
661.U
80,7
300, C
200,C
$
»
2,270,0
9,343,(
1,773.(
1,782,!
651,1
1,OI)0,(
Maohuiloa' A Traders
t
9.8;t9,0
7,89.i,(
AND
DtVOtiU.
LetaU.
Svtcit.
11,471,0
8h3,s
300,0
600,0
Cbatbam....
Loam
t
2,000,(
2,050,<
2,000,1
2,000,(
3,000,0
1,000,0
1,000,{
1,000,0
Ohemlonl
Merchunts' Exoh'nare
—
,
Capital. Survlut.
iiuwestmcttt
all caaei.
,
(00< omitted.)
$87
|
.
.
.
THE CHRONICLE.
388
Latat EamiTigt Beporled.
I
Ja7i. 1 to Latett Date.
Latest
Bamingt
Jan. I
Reported.
Vol. L.
to Latetl
Date.
BOADS.
EOADS.
WeekorHo
Grand Trimk—
1889-90.
1888-9,
1889-90.
1888
*
Mch
Moh
534,899
68,753
634,529
63,293
149,991
18,632
16.240
164,923
7,960
7,545
Gulf & C'hlc.igo. Februarj
4,272
3,717
86,329
Housatmiic
.1 iiiiuary.
101.199
101,199
86,329
21,637
Hume.'t'li&tihcu Fcl)riiary
10.500
23.500
10,808
Ill.Cen.dll.&So.) Jiiuuary... 1,180,683 1,127,146 1,180,683 1,127,146
6,852
CedarF.&Min. January...
5,242
6,852
5,242
120,856
143,281
120,856
143,281
Dub. & Slo'x C. January.
127,708
148,523 127,708
148,-523
January.
Iowa lines
Total all
'January.
1,329,206 1,254,854 1 ,329,206 1,234,854
73,456
38,237
60,113
27,771
Ind.Dcc.&West JFebruary
73.289
120.000
73,289
120.000
Interoc'nic (Mx) January.
274.101
282,305
31,996
£8,817
1 st wk Mcli
Iowa Central
6,096
8,418
3,082
3,982
February
Iron Eaihvav
540,812
450,503
71,117
62,979
J'k'nv.T.&K.Wy Decemb'r
42,308
39,433
5,217
4,548
Kauawhai Oliio 4tU w t Feb
50,272
36,416
9,503
5,053
Kan. C. CI. & Sii. l3d wk Feb.
661,820
90,403
95,560
669,075
K.C.F.a &Mem. 3d wk Feb,
23,678
20,219
224,372
180,733
\-Bir. 4th wk Feb
K.C.Meui.
47,800
30,690
99,100
57,120
K.C.Wy. &N.W February
72,085
65.436
143,527
134.284
Kentucky Cent. February
6,C04
5,954
04,340
58,078
Keokuk & West. 1st wkMch
2,633
2,877
16,740
17,627
Kiugsfu & Pern. 3d wk Feb.
11,614
11,731
11,614
11,731
Knox. & Lincoln January...
50,421
Ohio. Decemb'r
40,599
581,504
500,286
KnoxT. &
4,625
5,030
9,125
10,375
L. Erie All. & So February
49,195
46,848
462,486
43.5,623
L. Erie& West.. IstwkMch
18,253
36.125
20,848
44,190
Lehigh & Hud.. February
Feb
10,191
13,587
109.242
117,066
L. Eoek & Mem. 4th wk
182,832 165,432
386,427
353,180
February
Long Island
39,451
33,508
483,028
451,9m
La. & Mo. River. Decemb'r
81,000
85,324
157,834
173,010
Louls.Ev.A St.L. February
Loui9v.& Nashv. IstwkMch 335,030 344,000 3,377,367 3,089,375
36,119
343,700
38,178
350,254
Louis.N. A&Ch. IstwkMch
50.433
56,693
681,734
529,156
Louisv.N.O. i' T. IstwkMch
27,037
8,365
58,507
Lou.St.L.&Tex. February
29,566
27,345
62,526
59,872
Louisv. Soiuh'n. Febiuary
332
4,659
9,451
Lynch b. ArDur'm February
25,343
30.888
320,340
323,036
Memjihis iV Cha.^ 4th wk Feb
^Mexican Cent... IstwkMch 125,724 107,576 1,246,820 1,036,025
70,982
77,549
696,737
654.536
JMex. National IstwkMch
583,0." 9
70,719
80,400
660,434
{Mexican K'way .Vk J''eb.22
58,639
46,801
497,852
404,208
Mil.L.Sh. & West IstwkMch
28,700
20,1
229,408
183,403
Milwaukee & No IstwkMch
7,234
7,597
15,354
16,112
Mineral Range.. February
117,501
93,172
222,286
176,562
Miuneap. iS;.St.Ij. ebiuary
101,782
146,625
352,322
194,8.57
M.St.P. iS.S.M. February
587,957 478,372 1,227,721 9,492,214
Mo. Kan. & Tex. February
247,544 277,059
561,201
539,590
Mobile & Ohio
February
68,366
57,204
766,161
775,155
Montana Union. Decemb'r
29,700
MonterevitM.G February
53,400
279,315 275,627
587,901
5(18.707
Nash. Ch.& St.L. February
62,981
58,620
62,981
58,620
New Brunswick. January.
N.Y. January..
15,704
18,173
13,704
18,173
N. Jersey &
26,206
11,520
11,517
26,976
Jiew Orf. & Gull February
N. Y. C. & H. R. I'ebruary 2,703,»53 2,461,730 5,627,2.59 5,171,880
«. Y. L. E. &\V. January... 2,155,785 1,924,291 2,155.785 1,924,291
591,544 533,271 6,653,816 6,227,531
N. Y. Pa. & Ohio Decemb'r
434,407 412,573
431,407
412,573
M. Y.&N.Eng.. January.
40,469
40,279
82,881
83,379
N. V. &North'u. February
34,948
28,587
287,171
2,50,520
N.Y.Ont. &W.. IstwkMch
104,460
104,466 103,248
103,248
N.Y. Susq. & W.. January.
109.960 112,161 1,040,994
JJorfolk it West. IstwkMch
882,272
63,707
53,616
617,265
610,596
N'thea8t'n(S. C.) Decemb'r
559,118 464,749
559,118
464,749
North'n Central. January.
HortheruPaciti<' IstwkMch 325,832 343,806 2,743,564 2,720,303
62,311
12,066
10,506
47,857
Ogd. i Lake Ch Wk Feb. 1
25,302
21,251
245,428
229,344
Ohiolnd. & W.. 4th wk Feb
707,641
92,529
77,277
685,464
IstwkMch
Ohio & Miss
12,105
30,970
25,904
15,283
Ohio & North w. February
774
1,211
598
1,494
Col. & MaysT. February
10,393
11,524
99,907
82,404
IstwkMich
Ohio River
48,604
82,924
94,730
37,958
Ohio Southern February
2,460
29,051
18,1.54
2,816
ObioVal. of Ky. tthwkFeb
50,261
50,261
38,88.0
38,880
Omaha i- St. L.. January.
277,398
298,636
277,398 298,636
Oregon Imp. Co, January.
Oreg. R. & N. Co Decemb'r. 470,038 525,534 6,104,602 6,379,797
553,406 574,672 6,512,345 5,770,541
•Ore.S.L.&Ut.N. Decemb'r
4,314
72,946
70,313
Oregoniau
Decemb'r
7,402
Pennsylvania .. January. 5,142,311 4,528,746 5,142,311 4,528,746
125,631
14,195
12,228
133.230
Peona Dec.A-Ev. IstwkMch
42,671
43,061
42,671
Petersburg
January...
43,061
327,811
258,570
327,811 258,570
Phila. <fe Erie... January.
Phila. &Read'g. .lanuary... [1,566,730 1,463,302 1,566,730 1,463,302
110,311
1 15,524
110,311
Plttsb. & Wesfn January...! 115,524
32.635
Pitts.Cler.&T. .lanuary...
32,635
38,707
38,707
17,942
20,581
17,942
20,581
Pitts. Pain. A: F. January.
34,366
41.732
352,998
348,346
Total system IstwkMch
Pt.KoyaKtAug. Decemb'r.
26,845
25,205
315 757
317,608
41,169
364,788
335,570
Pt.Roy.& W.Car. Decemb'r
39,520
11,925
10,477
11,925
Pres.&Ariz.Cen. January...
10,477
17,709
20,005
35,735
40,138
^uincy O.&K.C. February
Kich.&Dauville. February
479,300 431.700
971,429
839,638
318,556
269,762
Vir. Midland.- February
150,300 125,400
164,505
Char.Col.&Au. February
84,450
169,510
80,999
143,:;50
Col. & Greenv. B'ebruary
74,383
172,018
83,750
144.190
West. No. Car. February
77,450
71,723
156,094
161,8'25
Georgia Pac
February
356,700
108,559
235,289
Wash.O.it W.. February
7,950
5,939
16,698
12,810
21,532
19.011
Asbv. & Spart. February
10,800
9,694
Total Sys'm. IstwkMch 283,025 202,9UO 2,466.163 2,091,514
24.087
27.236
27,236
Bloh. APetersb. January...
24,087
26,200
26.075
208,300
Kio Gr. West... 4th wk Feb
211,825
4,200
17,650
8,2i)0
8,750
Borne & Decatur February
281,141 252,312
281,141
252,312
Borne W. & Ogd. January.
19,875
15,863
248,312
Jos. & G. Isl. 4th wk Feb
175,835
St.
20,468
Bt.L.A.&T.H.B's IstwkMch
19,050
199,715
179,331
60,481
51,426
726,830
St.L. Ark. & Tex. IstwkMch
567,013
5,739
4,899
12,241
St.L.DcsM. AN. February
9,430
98,512 1,032.254
StL.&SanFian. IstwkMch 102,640
933,080
72,234
165,574!
Bt.PaulA.Dul'th February .]
76,745
132,3.13
445,114 382,327
954,491
776.444
fit P.Mln.& Man. February.!
24,025
20,058
65,684
East, of Minn. February .1
36,005
Montana C'enl. February
45,957
57,495
132,017
90,010
22.282
19,511
B.Ant.&Ar.Pass 4th wk Feb
242,189
166,682
12,543
14,911
72,034
88,013
B. Fran.&K.Pac 4thwkFeb'
20,905
17,215
43,352
Sav. Am. it Mon. Februarv
32,287
52,174'
4,131
Seattle L. S. A: E. IstwkMch
6,375
38,059
48,1801
SciotoVal.itN.E.'February
47,842
97,930
98,981
178,615
87,000
57,000
Shenandoah Val I'cbruary
109,722
113,000 126,3151
285,284
260,903
South Carolina February
fio. PaciUc Co.—
331,061 344,922 3,937,291 3,804,076
Gal.Ilar.&S.A. Decemb'r
107,977
83,167 1,101,569
966,495
Louis'a West.. Decemb'r
Morgan's L&T. Decemb'r. 654,447 581,420 5,452,017 5,228,103
15,8391
N.Y.T.&Mex. Decemb'r
22,333
192,708
146,527
Chic djGr.Tr.lWk.
Oet.Gr.n.<feM.|Wk.
1
1
.
.
.
.
.
.
.
.
.
. .
.
'
. .
1
.
.
.
.
.
WeekorM. 1889-90.
9.
Co.—
So. Pacific
Pacific system
Total of all..
Decemb'r
Decemb'r
RR.—
Tenn. Midland.. February
Texas & Pacific
Tol.A A.,kN. M.
Tol. Col. &Cln..
rol.& Ohio Cent.
126,318
.
IstwkMch
IstwkMch
IstwkMch
IstwkMch
L.&K.C. IstwkMch
Union
Pacific... January..
Decemb'r
Total system
Vermont Valley January.
.
IstwkMch
Wabash
154,388
546,492
175,552
75,359
85,913
12,808
11,301
48,148
43,808
62,632 119,560
55,699
88,200
17,600!
16,354
103,375 102,188
20,948,
17,291
5,618
4,387
22,306
18,945
7,626
7,751
19,131'
19,028
28,120
17,780
,148,011 2,331,897
1,534,364 3,288,068
11,670
12,416
221,057 202,112
50,943
47,528
60,500
53,700
93,367
82,9.59
69,377
61,020
13,943
19,589
84,713
77,878
72,020
60,396
6,137
7,625
234,7111 2,085,938
6,668,601
068.498
851,117
940,882
121,989
99,764
62,632
55,699
34,697
457.1051
114,682!
To'i.&O.Cen.Ex. February .
Tol. P. & West.. 1 St wk Mch
Western of Ala. February
West.N.Y. & Pa. IstwkMch
January.
West Jersey
W.V.Cen.&Pitts. January.
Wheeling &L.E. IstwkMch
Wil. Col. & Aug. Decemb'r.
Wisconsin Cent [IstwkMch
Wrightsv.&Ten. 'January,
2,099,141
1,003,638
105,127
93,750
119,560
88,200
28,318
1,082,676
155,366
38,253
,291,.590
202,057
48,775
207,009
15,896
108,751
265,946
177,574
14,677
164,753
150,093
2,331,897
39,039,116
12,416
2,020,033
107,549
525,937
82,959
61,020
154,815
800,320
548,062
6,137
,148,011
,713,904
11,670
,329,806
112.473
501,272
93,367
69,377
184,173
891,380
715.381
7,625
1/Main Line,
Mexican currency.
t
|
180,829 126,308 1,747,8051 1,438,577
,296,647 1.151,656 12,431,390 11,582,375
,406,237 2,826,038 33,928,486 35,117,241
,702,884 3,977,691 46,359,875 46,699,615
Kg. Div. (Cal.) Decemb'r
So. Dlv. (Cal.) Decemb'r
Arizona Div.. Decemb'r
New Mex. Div. Decemb'r
Spar. Un. «fe Col Decemb'r.
Staten I. Rap. T, February .
Summit Branch. January...
Lykens Valley .lamuii-y. ..
Tol.St.
1888-9.
1889-90.
]
I
Tex. & N. Orl. iDecemb'r.
Atlantic sys'm Decemb'r
9o. Pac.
1888-9.
.
.
.
.
.
.
.
.
.
. .
\
I
.
Latest Gross Eariiin?.s by Weeks.— The latest weekly eamings in the foregoing table are separately sumtaed up as follows:
The weekly returns of earnings continue very good, and for
the first week of March there is a gain of 6'03 per cent on 61
roads.
1«/
1890.
week of ilarch.
&
Atlantic
&
Pacific
Ohio Southw
Buffalo Koch. & Pitts.
Canadian Pacific
Chesapeake & Ohio
Chicago & Atlantic
Chicago & East, Illinois..
Chicago Mil. & St. Paul..
Chicago & West Michigau.
Cincinnati Jack. & Mack.
Bait.
. .
Clevc. Cin. Chic.
&
St. L.
Colorado Midland
Col. &Cin. Midland
Denver & Rio Grande
...
Detroit Bay C. & Aijiena.
Detroit Lans. & North..
Evansville & Indianap...
Evansville & Terre H. .
Flint & Pere Marquette..
Grand Rapids «& Indiana.
Cincinnati R.&Ft.W...
.
Keokuk & Western
Lake Erie
& Western
Louisville & Nashville...
Lonisv. N. Alb. &Chlc...
Louisville N. O. & Texas.
Mexican Central
Mexican National
Milwaukee L. 8h. & West.
Milwaukee & Northern ..
New York Ont. AWest...
Norfolk & Western
Northern Pacific
Ohio & Mississippi
Ohio River
Peoria Decatur AEvansv.
Pittsburg & Western
Rich. & Danv. (8 roads)
St. L. Alt. & T.H. Brches.
St. Louis Ark. <fe Texas.
St. Louis J; Ban Francisco.
.
Seattle L. S.
& Eastern
.
.
.
.
.
.
. .
.
.
.
.
.
.
Toledo Ann A.& No.Mich.
Toledo Col. & Cincinnati.
Toledo & Ohio Central.
Toledo Peoria & Western.
Toledo St. L. & Kan. City.
.
Wabash
(consol. systemX-
Western N. Y. & Penn...
Wheeling iSi Lake Erie...
WisconslK Central
.
i
9.321
251,,595
34,300
6,030
125,500
11,687
23,970
4,289
17,391
73.259
52.512
8,448
3.586
31.996
6,604
49.195
335.030
38,178
50,433
125.724
70,982
58,639
28,700
34.948
109,960
325,832
92,529
11,524
14,195
34.366
283,025
19,050
60.481
102,040
6,375
103,375
20,918
5,618
22,306
19,131
28,120
221,057
60i500
19.589
72,020
DetreoM.
liwreatt.
1
46,856
37,440
34,394
229,000
101,001
45.630
55.988
429.755
26,168
10,367
245,308
33,085
6,237
127.0u0
9.937
18.5.53
5.367
15.535
50.877
42,113
8,293
4.849
28.847
5.954
46.848
344.000
36,119
56.693
107.576
$
$
1.385
10,313
3,961
] 6,000
27,950
2,399
13,634
15,245
3,637
i
,046
6,287
1,215
207
1,500
i,706
5,417
i,078
i.856
22,382
10,399
155
i,263
"3,149
650
2,347
8,970
2,059
6,266
18,148
6,567
77.-549
46.801
20,186
28,587
112,161
343,806
77,277
10.393
12,228
41,732
262.900
20,468
51,426
98,512
4,131
102,188
17,294
4,387
18.945
19,028
17,780
202,412
55.700
13,943
60,396
ii,838
8,514
6,361
3,930,090
299,124
236,914
c.)..
2,20'i
17,974
15,252
1,131
1,967
7,366
20,125
i,418
9,0.55
4,128
2,244
1,187
3,654
1,231
3,361
103
10.340
18.645
4.800
5,646
11,624
62,210
For the fourth week of February the final return covers 85
roads and shows 9'59 per cent gain.
4(fc
iceeA of February.
1890.
$
.
.
48.241
47,753
30.433
239.000
128.951
43,251
69,612
445,000
29.805
4,167,004
Total (61 roads)
Net increase (603 p.
1889.
9
$
Prev'ly report'd (34 roads)
At.Top.A
S.F.
&
I'd
roads
<t Mack.
Cin.N.O.&T.P. (5 roads).
Cleveland Akron & Co!
Cincinnati Jack.
.
& St.L..
Colorado Midland
Va. di Ga.
East Tennessee
Cleve- Cin. Chic.
Florida Cent. A: Peninsula.
Grand Rapids & Indiana.
Cincinnati E &Ft.W..
Other lines
1889-
$
3,965.969 3,642.874
425.388
541.783
10,118
10,698
165,892
188,612
13,079
14,495
219.105
223,651
33.682
35.247
127.424
123.859
18,550
23.562
42,269
51,436
11,076
8,-539
4065
3,800
Deereatt.
tnerease.
S
345,261
110.395
* .„
22,166
580
22,720
1,416
4,546
1,565
3,565
5,006
9,167
^
265
2,537
March
THE CHRONICLK
15, lt90.]
iih week of Februari/.
Qraiiil Trunk of
Chiciij^o ,fe (fT.
Detroit Or.
Rauiiwha
&
1889.
1S90.
333,475
63.293
16,240
4,548
20,219
Canada..
Trunk..
11.
&
Mil...
Ohio
]
" The substantial gain in the notirevenue of Mi».s<iuri P;»cifio
branch lines during the |)ast ^vear justiflos the Ix'Iief tliat the
development of the productive areas rea(!hed by these lines
will hereafter secure a more adetjuate return than hu.< heretofore been received upon the heavy investments of capital re-
Decreate.
Inereate.
389
16,714
5,460
2,302
669
quired to furnish the large and sparsely settled territory which
they traverse with means of trdnH|>ortation,
This result,
13,587
3,306 however, is still contingent upon a fair and equitable policy
5,1513
MenipliU >t CliarlOHton...
30.888
toward railways on the part of local and State authoriOhio Indiana* West...
21,251
4,051
•
•
•
*
ties."
2,460
356
Ohio Vul. of Kentucky...
"The increase in g^oss revenue was derived almost wholly
125
26,075
Rio Giande Wi-.steni
15,863
St. Joscpli * (ii-. Island..
4,012
from freight traflftc, the gain from this source being equal to
19,511
2,771
San Antonio it Ar. Pass..
nearly ten per cent compared with the previous year. The
14,011
2,308
*Saii Francisco & No.Puc.
increase in freight revenue was accompanied by an increase
1,570
Seattle L. 8. & Eastern ..
4,305
Toledo Peoria Si, Western.
20,333
49
in ton-miles of iO'87 per cent, and an increase in mileage ot
freight cars of 4-07 per cent; the rate per ton per mile show550,457
39,577
Total (85 roads)
5,837,543 5,326,663
ing a decrease of 1-74 per cent, with an increase in average
510,880
Net Increase (9-59 p. e.)
haul per ton of ,5-77 per cent." • *
' Decrease caused by unprecedented storms.
"The earnings from passenger traffic show a decrease equal
tj "-39 per cent, accompanied by a decrease of 3-2.5 per cent
Net EarninfTS Mouthlj to Latest Uates.— The tables follow- in numoer of passengers carried one mile, and a decrease in
ing show the net earnings reported this week, the returns for mileage of paisenger cars of nine-tenths of one per cent. The
each road being published here as soon as received, but not average passenger rates were maintained slightly above the
average of the previous year; the average haul per passenger
kept standing from week to week, fhe figures cover the showing a decrease of 1-79 miles, equal to5-78 per cent." * •
latest months and the totals from January 1, and also the
"The decrease of $407,909 in amount expended for maintotals for the fiscal year on those companies whose fiscal year tenance of way, is due chiefly to the larger amount of steel
The amount of renewals
laid in track dtiring the year 1888.
does not correspond with the calendar year.
in steel, ties, ballast, fencing, and labor and material exOrott Earnings.-Nel Eamlnoe.
pended on bridges, buildings and tracks, will be found under
Boads.
1890.
1890.
1889.
1889.
Cleveland & Canton. Jan.
34,569
6,710 the head of maintenance, and has been fully equal to the re28,151
6,289
July 1 to Jan. 31...
287,698
222,885
91,704
68,876 quirements necessary for preserving and improvmg the propMlnneap.ife St. Louis. Jan.
104,785
32,745
18,538 erties. The maintenance of cars shows an increased expendi83,390
July 1 to Jan. 31...
901,342
256,170 ture of $85,260, due to increased renewals and repairs, both
822,529
360,772
Nash. Chatt. & St. L.Feb.
279,315
275,627
111,8.55
117,010 to passenger and freight equipment, as shown under the head
Jan. 1 to Feb. 28...
587,901
240,202
238,182 of Maintenance of Car Department."
568,707
Kansas C. Moiu. & Birui
Keokuk & ft'ostcrn
Littlo Rock A Mnmrlila..
3,659
1,708
6.391
-
.
.
July
920,509
40.807
325,024
2.306
80,753
4,473
77,365
47,586
483,145
44.127
308.450
122.618
1,814,409
1 to Feb. 28... 2,428,726 2,203,972
998.846
& Western... Jan. 115,524
110,311
51,646
July 1 to Jan. 31...
839,061
804,688
374,892
Plttsb. Clev.&Tol. Jan.
32,635
38,707
3,181
July 1 to Jan. 31...
280,041
301,404
60,317
Plttsb. P,ilnc8.&F. Jan.
17,942
20,581
3,813
July 1 to Jan. 31...
160,895
189,427
47,010
Total System
Jan.
166,101
169,599
58,640
July 1 to Jan. 31... 1.280,596 1,295,519
482,818
Klo Grande Wost'n..Jan.
116,825
121,900
22,918
July 1 to Jan. 31...
952,614
887,485
360,192
Wabasb (cons, 8ys.).Jan. 1,121,909
330,017
898,637
July 1 to Jan. 31... 8,394,599 7,776,838 2,606,792
Plttsb.
LAND DEPARTMENT.
The business of the land departments of the St, Louis Iron
Mountain & Southern and Little Rock & Fort Smith railways
during the past year, and since date of commencement, is
shown
acres granted and purchasea
No. acres unsold Dec. 31, 18!i8
No. acres sold during 1889
Average price per acre in 1889
No, acres unsold Dec. 31, 1889
Jfo.
*
December
..
1,057,762
559,102
18,176
$3 34
$3 86
$2 94
96,984
726,892
$20,266
$172,048
$138,965
$12,961
$19,181
$101,537
Gro89rec'ptssincecommenoe-nent.$213,40!» .$2,442,401
Gros8fxp'se8Slncecoinmeucepienr.$100,l96 $1,027,505
$)18,957
Notes reo'ableout8tan-gDdo,31,'89. $33,200
Missouri Paciflc Railway.
the year ending
Rotk
<tFl.SmUh
Kailvmv.
Liltte
r-Sf.L.I.H.itS.R'y.^
Mo. Dir.
Ark. Uiv.
139,i»7.i
1,343.117
101.332
759.076
4.679
42.029
545,810
$61,124
•67,859
$47,076
$2,336,337
$397,469
$398,004
'Totalamouutof sail's la 1889
Cash received in 1889
Notes received in 1889
ANNUAL REPOR'rs.
CFor
in the following table:
InclndlDg town
lots.
31, 1889.^
From the annual report we obtain the following
No additional new mileage was added to the main
MISaOURI PACIFIC.
:
EABMINGS AKD EXPENSES.
line or
iQo'*
branches of the Missouri Paciflc Railway during the year.
The mileage of the St. Louis Iron Mountain & .Southern Railway was increased by the completion of the Greenwood
branch, Fort Smith to Greenwood, Ark., eighteen miles, constructed during the year 1888 and turned over for operation
on Feb. 10, 1889. The Kansas & Arkansas Valley Railway
was extended irom Wagoner, Indian Territory, to Coffeyville,
E^nsas, a distance of 83 miles, and turned over for operation
on Nov. 21, 1889, The total increase in mileage during the
year was 100 miles. The increase in average mileage operated
during the year was 206 miles.
The total increase in gross earnings was equal to 5*9 per
cent; the total decrease in operating expenses was 3 per
Total earnings.
Expenses Transportation
Motive piwer
cent the increase in net earnings was 25-6 per cent the
decrease in percentage of operating expenses to earnings was
5'33 per cent.
The gross earnings, operating expenses and surplus earnings
of all lines operated for the years 1888 and 1889 were aa
follows
Netearnings
;
1888.
Miles operated, average....
Earnings —
1889.
Inc. or deereaar.
4,813.
5,019.
Inc.
From freight
From passengers
From mails
From express
From misoeUaneous
Total
Total expenses....
!^22,189,453
200
.¥14,770,942
4,904,372
„
$16,178,134 Ino. «1,407,192
4,845,650 Dec.
118,721
663.250
703,794 Inc.
40,544
493.054
495.087 Inc.
2,033
1,297,834
1,270,799 Deo.
27,034
15,852,842
Snrplus earnings
$6,336,611
Batlo op. exp. to gross earn. 71-44 p. c.
$23,493,467 Ino. $1,304,013
15.532,893 Dec.
319,958
7,960,584
66-12 p. o.
5-32 p.
c.
Tiie gross and net earnings of the several properties, separately, were
Oroca
Net
Inereate in
Earmnna. Earninpt. Net Eaminas.
rm. .»
T,
,
TheMo. Pao. „. and branches. .$12, 576,220 .'S3,70'/,391
R'y
$740,729
St. L.Iron M.& Southern B'y...
8,964,795
3,773,354
778,739
L. R. & F. S. R'y and L. R.J. P.'y.
869,252
201,343
6,040
Kans.A Arkansas Valley R'y....
199,386
40,606
25,239
Cent. Branch Union Pac. B.R....
854,960
250,417
83,896
SedaUa Warsaw* South. R'y....
28,852 det. 12,589 dec. 10,673
$23,493,467
.$7,960,583
$1,623,971
The increase in net earnings of the Missouri Paciflc main
lines was §357,166.
The increase in net earnings of the Missoijri Paciflc
i
Passengers
Freight
Mall express and miacellaneouB.
branch
lines wa.s fiSSSMS,
3,119
$2,939,725
7,790,949
1,647,967
$2,665,354
8,286,682
1,624,184
1889
$2,845,458
8,537,017
1,597,114
$12,979,589 $12,378,641 $12,576,220
$2,675,139
2,475,004
1,988.811
648,657
498,983
Miscellaneous
Total expenses
Neteamlngs
$3,182,360 $3,157,180
2,567,155
2,747,811
2,404,075
2,062,862
718,288
783,682
359,446
297,969
$8,286,594
$4,692,995
Maintenance of way
Maintenance of cars
$9,411,980 $8,868,828
$2,966,661 $3,707,392
DiCOIIB ACCOUNT,
1887,
Receipts—
Dividends, interest,
$4,692,995
3,014,262
Total net Income
Disburseme7its—
Dividends paid
Bate of dividend
Taxes, rentals, &o
Commissions on bonds
Loss on St. L. & San Fran, stock
1888.
$2,966,661
941,376
1889.
$3,707,392
1,981,790
$7,707,257
&o
Interest on bonds
$3,908,037
$5,689,182
$2,349,407
3,008.174
7
762,265
$2,535,718 $2,458,485
•1,539,120)
2,562,269
>
'3H
941,523)
250,000
283,230
$6,119,846 $5,549,591 $5,010,754
Total disbursements
+$1,587,411 — l,64a,554 -$678,428
Balance for year
•The dividends actually paid in the year 1888 were 5>4 per cent, bn*
the Income account In the report gave only 3>3, as above.
QBNEIIAL BALANCE DECEMBER 31.
Ino. $1,623,971
Deo,
3,119
Eamingg—
;
AUlhus-
1888
2,796
Miles operated Dec. 31
1889.
1888.
1887.
Assets$47,385,570 $47,973,121
Cost of road and equipment
Investments In stocks and bonds 44,320,154 46,744,254
680,931
1,216,203
Materials and supplies on hand.
$50,339,643
47,262,659
465,545
131,791
1,365,010
2,958,070
Cash
Uncollected accounts
614,372
5,647,948
730,310
i99,084,247 $95,995,612 $102,650,692
^_ „,.
$13,974,850 $43,974,850 .$44,974,850
44,376,000
44,302,000 44,376,000
Funded debt
731,620
718,217
752,665
Interest due and accrued
1,904,268
2,463,517
Vouohere for Dec, pay. foU Jan 3,950,121
5,540,47O
•
Advanced by directors
.,•„•;• -.oi
Miscellaneous
18,006
18.0?.?
5,123,488
4,4 45,052
6,086,605
Inoome account (surplus)
Total assets
Liabititiet—
Stock
'
Total liabilities
$99,084,217 $95^'95,642 $10i;,650,692
THE CHRONICLE.
niK^/
ST.
LOUIS IRON MOiJNTAIS & SOUTHERN.
EARNINGS AND EXPENSES.
1887.
1,142
Mlies operated Dec. 31
Earninga
EABNINOS, EXPENSES AND CHARGES.
Xarninga—
$1.«26.378
6,279.498
525,948
Frplght
Hkil, expreSB and miscell
Total earnings
$1,897,877
5,865,627
621,142
$673,483
1,266,099
270,030
l,.'i75,246
$2,167,789
$2,517,601
$298,015
209,426
740,536
211,751
$293,684
21P,6il
6,5 "6,877
63.<,847
$3,331,<;22
$i,081,646
$8,964,795
$1,842,957
1,400,642
1,0-6,147
358.159
160,524
$1,917,644
1,432,937
392,297
185,853
$2,083,197
1.46J,192
1,051,^59
401,612
191,1^1
$l,84'-,429
MoUvepower
$1,159,728
$7C8,061
$1,621,296
$396,305
Maintenance cf way
Maintenance of oars
General
Total expenses
Neteamlngg
$5,090,032
$2,994,814
$3,191,410
$3,773,355
1,131,301
$3,4*3,393
INCOME ACCOUNT.
1888.
$2,994,614
60,239
1889.
$3,773,355
$3,€01,894
$3,054,853
$4,061,684
$2,358,397
Total net Income
$2,407,300
409,003
5
$2,407,626
28-,5:i9
I>i»frurfe»iew(»—
Interest on bonds
TaTfw, bridge expenses,
Dividends.:.....
Ac
!
i fioo 0=19
l. faJ-,Oo2
5
$2,816,303
$3,821,018
-$416,555 +$238,,'>50
GENESAL BALANCE DECEMBEE 31.
+240,866
1889.
1887.
1888.
AsteUOostor road and equipment.... $58,644,603 $58,825,096 $61,020,=i24
Inveslm'ts In stocks and bonds.
Cash on hand
MitocUaueous
Netearnings
61,014
32,048
859.4'^9
246,472
Dedttct—
296,000
296,000
Balance, surplus
$112,061
$600,305
BALANCE SHEET DEC.
31.
188P.
Ciinslruclion
1889.
$27,9 8.820
1,553,869
;
Equipment
$27,99i,820
|85,522
1,653.869
7,500
91,293
13,793
83,597
392,963
14,790
184,u71
505,118
$30,128,567
$30,355,461
$5,920,000
23,680,000
149,050
195,868
183,046
$5,920,000
23,680,000
148,275
264,437
118,400
224,350
$30,128,567
$30,355,461
8 ocks owneii
Materials on hand
Taxes and insurance accrued...
Other dues aad accounts
Cash
Liabilitua—
First
mortgage bonds
Capital stock
Accrued interest
Other acoounts
Dividend Fe*}., 1890
Balance (Income account)
Kingston & Pembroke Railway (Canada).
fFor the year ending December 31, 1889.,^
The armual report says "The earnings show a decrease in
30,810
$71,137,573 $71,516,879 $71,927,164
Totalassets
268,872
Interest on bonds
2,310.452
8,425,499
139,880
2,373.5 78
10,225,143
2,669,933
9,639,002
151,935
32,100
Land erants
Total
3-J3,144
1 ,030,248
^
$4,050,449
Total disbursements
Balance lor year
Mafnienanceof way
Maintenance of cars and motive power..
Transportation expenses
General and taxes, &c
Aatela—
1887.
$3,4S3,392
118,502
Beceipts—
Net earn BUS
OtUer recefpts
Total earnings
Operating esppenace-
$1,781,070
Sxpensei—
TraDspoitatlon
1889.
$631,660
Freight
Mail, express, &o
from—
PaBSi-ngera
1888.
Passenger
1889.
1,208
1888.
1,190
[Vol. L.
:
Jjiabilities—
$25,731,025 $25,731,025 $25,763,930
39,411,483 39,516,548 39,780,007
Fundeddebt
852,000
Cartrusts
753,051
755,"45
753 973
Interest d te and accrued
972,2ci5
1.950,248
1,882,686
Balance of accounts payable...
3,326,534
3,565,085
3,?03,950
Income account
Stock
$71,137,573 $71,516,879 $71,927,164
Total UablUties
LITTLE ROCK & FORT SMITH.
EARNINGS AND EXPENSES.
1887.
1886.
170
Miles Of road oper'd Deo. 31
$723,348
earnings
Gross
445,370
Operating expenses
1888.
1889.
170
$683,754
476,297
170
$668,551
514,732
172
$802,487
660,414
$277,978
$207,457
$153,819
$142,073
Net earnings
INCOME ACCOUNi;.
1387.
1888.
Receipts-
1886.
Netearnings
Landsalee, cic
$277,978
62,391
$i!07.457
56,105
$153,S19
48,937
$14^,073
31,184
Total rectlpts ......... $340,369
$263,562
$202,756
$173,257
$163,975
57,889
$163,975
82,323
$163,975
61.459
1889.
Disbutaemmts—
Intfrest on toons
Taxes,
$160,685
63,143
&o
Total disbursements... $223,830
$116,559
Surplus for year
increased volume of traffic, the considerable and permanent
improvement of the property, and the resulting dividend of
one per cent paid to the preferred shareholders for the last
quarter in addition tQ tlie large expenditure for additions and
believed that the operation of
your company
will justify the payment of at least one per
(»nt quarterly to the preferred sliareholders regularly hereafter, arid the dividend was declared with that view.
"The operatuig expenses show a decrease in the per cent to
earnings, viz.
from 63 04 to 59'46, wliich, in view of the de
creased eaiiiings per ton per mile in freight, may be regarded
as very favorable."
The opeialious, earnings and charges have been compiled
for the CHBONlCLEas follows
:
:
oris fc ATI'
.Jig.
1*>88.
589
Itoad oper.itcd, miles
pXSSTmflea^e
26 '54
::...
R*teperpj8Ren-e pprmlle
Freight (tone) uii.VK
F?ll|ht
W) mileage
Average rate
i-er
,
ton per nade
„
1.00." ,959
.,28
26 314.38:
2-35 cts.
1,16.,31.^
2-46 cts
1 396.35
22(..U0,23T
160.73 .OJt
O-
88
cts.
••
710
$203,303
143,753
$182,876
134,513
$51,101
34,320
$59,545
34,320
$18,363
34,320
$16,784
$25,225
$14,043
Total earnings
Operating expenses
GENERAL INVESTMENT NEWS.
Called Bonds,
—The following bonds have
been^called for
payment:
Cleveland Cincinnati Chicago & St. Louis.—Consols of
due June 1, 1914. The numbers of 94 of these bonds
drawn by lot for payment if unstamped are given in our
1874,
advertising columns.
&
—
Nashville. Cecilia branch 1st mortgage 7s
Louisville
of 1877, due March 1, 1907, to be paid at par by the Union
Trust Co. of New York on September 1, 1890, interest ceasing
on that date; 35 bonds of $1,000 each, viz.:
Nos. 47, 108, 127, 132. 114, 177, 182, 211, 213, 215, 334, 366, 539,
553, 609, 633, 638, 650, 675, 677, 704, 853, 879, 907, 942.
Western Union Telegraph. —Sinking fund bonds of July
Forty-two of these have been drawn
1875, due May 1, 1900.
by lot and will be paid between May 1 and July 31, 1890, if
As their surrender is opholdei-s choose to surrender them.
1,
tional the publication of their
numbers
is
unnecessary.
& Ohio— Ilichmond & Allegheny.— Messrs.
Morgan & Co. amjounce that they a.e now prepared
Chesaiieake
Drexel,
&
Ohio Railroad Comto issue securities of thtjChesapeake
pany for their reorganization certificates for the stock and
Allegheny Railroad.
lirst mortgage bonds of the Richmond
Due notice will be given when they are prepared to issue securities for reorganization certificates representing Richmond
&
&
Allegheny second mortgage bonds.
ChicAiro Burlington & (Juincy.— Chicago Burlington &
Northern. One of the most important railroad transactions
of recent years was consummated on Wednesday, when the
C. B. & Q. purchased the stock of the Chicago Burlington
Northern. Ihe latter road has been a thorn in the side of the
Inter-State Railway Association, and has been ever since its
completion the chief disturbing element in the Northwest.
—
589
1,00.5,881
P»ii»n lera cai rien
1S89.
$175,134
124,030
Surplis
Mr. Calvin S. Brice, President, remarks in his annual report: "Substantial improvements have been made in all
departments.
The improvement in the roadway and
track, bridges, buildings, station grounds, fencing and rolling
stock 4s quite marked and very gratifying. There was exI)ended for this purpose in excess of the amount necessary for
actual maintenance about $440,000.
" The freight traffic shows an increase of 19'62 per cent in
the tonnage, the earnings an increase of 34'41 per cent and
the earnings per ton per mile a decrease from '00788 to 'OOTIS,
or 'OOOTS. The passenger traffic shows about the same in the
number of passengers carried, an increase of 6'62 per cent in
earnings and an increase in the rate per passenger per mile
from 'OSBS to '0346. The business of the year was the most
successful in the history of the company, showing a largely
It is confidently
&
Netearnings
Interest on bonds
$221,864 $;46,2f8 $225,434
$41,698 df.$l3,542 dt..$52,177
Lake Erie & Western Eailroad.
^For the year ending December 31, 1889.^
betterments.
freight of $1,125; passengers, §3,390; other sources, $16,311.
For the first half of the year the freight earnings were the
largest yet attained, but decreased for the last six months,
principally through the burning of the Caldwell lumber mUl
at Clyde Forks. The diminution in passenger traffic is probably
mainly due to depression among the farming community. It
wUl be noticed that the decrease in both of these items, which
form the business proper of the road, is not large. The greatest
decrease has been in the revenue from " other sources,"
which, in consequence of the company's car works not having
been as fully employed as usual, has this year considerably
*
«
*
diminished."
"The construction of the Napanee Tam worth Quebec Company's line from Tweed to Harrowsmith, referred to in last
year's report, has been completed, and the road commenced
running its trains from Tweed to Harrowsmith, and thence
over this company's tracks into Kingston, at the close of the
year."
EARNINGS, EXPENSES AND INCOME ACCOUNT.
1888.
1889.
Earnings—
1887.
$122.-81
Freight and cartage
$123,906
$104,794
42,5 6
39,706
Piissengers
40,468
29,871
36,800
20,389
Mail, express and other sources
018.
&
,
March
THE CHUONICLE
15, 1890.J
391
correct in its views of the rail- The new Board claim to ow.i absolut sly mora thai 2J,09J
road situation than wlien it predicted from the outset that the shares of the stosk.
The changa in the mana:;em3nt naturally excited ramors
C. B. & N. would be a line that would break down throuKh
A significant event of the mejting of new
rates, that it could not depend on local business, and that its in Wall Street.
construction was unnecessary, and prejudicial to the railroad directors was V.\e appointment of W. F. Black as Qeneral
Manager of the ro 1. Mr. Black is a Pennsylvania Railroad
situation in the Northwest.
In Boston March 12th the Chicago Burlington & Northern RR. man, and is at prese.it Superintendent of the Jetfers inville
Madison & Indianapolis road, one of the roads of the PennsylCo. issued the following circular to its stockholders
" An offer has been made to purchase the stock of this com- vania's line between Louisville and Chicago. OfH lials of both
pany at S40 per share, ia the interest of the Chicago Burlington the Pennsylvania Railroad ani the Louisville & Nashville deny
&Quincy Co. In view of all the questions affecting this road, it that their companies have made the purchase, but it ia beis considered by the directors to be for the interest of the stock- lieved the movement is in the interest of harmony all around.
holders to sell. All the stockholders desiring to avail them- The new directory will hold a meeting on March 22 to perfect
selves of the offer must deliver their certifacates to Messrs. their arrangements.
Elx-President Dowd, of the L. N. A. & C. received stateLee, Higginson & Co., of Boston, within sixty days from date,
after they have been countersigned at the office of the com- ments showing revenue for the year and the disposition made
pany. Payments are to be made upon the delivery of cer- of it to have l^en as follows: Gross, $2,493,823; operating exThe penses, $1,544,113; net, $951,710; proportion from Louisville
tificates presented as above on and after March 20, 1890.
directors have agreed to turn in their own stock at the same Southern, $5,476; total net, $957,186; fixed charges, $350,810;
surplus, $106,876.
price, and reconmiend other stockholders to do the same."
J. MtTRRAY Forbes, Chairman.
Manhattan Elevated. The decision in the Newman case is
$9,000,000* of the stock, and the C. B. & Q.
There is about
better understood since the opinion has come to hand. The
this for some time.
had oNvned $3,000,000 of
Court holds that the injury to property by taking the light,
The Chronicle was never more
1
—
Chicago Mllwankee & St. Paal.— The directors of the
Chicago Milwaukee & St. Paul RR. declared a dividend of 3}^
Nothing was done about a
stock.
Ser cent on the p/eferred
ividend on the common stock. The following was given out
as the operations of the company for the first seven months
of the fiscal year—July 1, 1889, to January 31, 1890.
Net earnings for seven months
Interest and taxes
Balance
Dividend of three and a half per cent on preferred stock
EaJanoe
$6,375,837
4.219.f34
..$2,156,2e3
7.i7."'56
$1,398,707
Denver & Rio Grande.—Judge Wallace, of the United
States Circuit Court, has rendered a decision granting the apRio Grande Railroad Company
plication of the Denver
its suit against the United States Trust Company to compel the
issuance of bonds on tlie short branches of the road. The
Trust Company is trustee under the mortgage of §42,000,000
on the railroad. Of the bonds reserved under the mortgage,
if any were to be used for constructing branches they were
to be countersigned and delivered by the Trust Company at a
rate not exceeding $20,000 a mile, and on certificates that not
m
&
than ten miles had been completed. The Trust Company
construed -the clause to mean that the bonds should be countersigned only for ten mile sections of the road.
The Judge decides that the words of the mortgage do not
bear that consti-uction, and that it is reasonable to assume that
the provision was inserted in the deed for the purpose of relieving the Trust Company from the inconvenience of countersigning and deUveritg bonds less than $200,000 at a time. He
says that the clause was ambiguous enough to warrant the
Trust Company in seeking a judicial internration of it.
"While this decision is just and is favorable for the D. & R. G.
Comijany, it will be noted with some satisfaction that the
United States Trust Company, as trustee of the mortgage, exercised this care, and was unwilling to act without first having a judicial interpretation of the ambiguous clause.
Illinois Central. A meeting of the stockholders was held
in Chicago this week. It was the date for the annual meeting,
but it was decided to change the time of the annual meeting
from the second Wednesday of March until the second Wednesday in October. Tiie election of directors was postponed
Exclusive of
until that date, the present board holding over.
the Dutch holding there are 3,845 stockholders, owning 352,731 shares, the average holding being 91 '76 shares. Of all the
stockholders, including the Dutch owners, there are five proprietors of 5,000 shares or over, 34 proprietors of 1,000 shares
or more, 71 proprietors of 500 shares or more, 799 proprietors of 100 shares or more, 2,829 ])roprietors of le^s
The number of stockholders in
than 100 shares each.
In 1873 there
Illinois is 98, and they hold 13,027 shares.
were only 338 American share owners, their holding being
54,515 shares, and at that time it might have been said with
some truth that the Illinois Central RR. Co. was a foreign corporation at present there are 1,577 American stockholders
and they own 139,613 shares, being $18,961,800, or rather more
than one-thu-d of the entire capital.
International & Great Northern.—The net earnings for
the year ending Feb. 20, 1889, reported by the receivers, were
$1,025,000, instead of $2,025,000, as printed last week.
LonisTille New Albany & Chicago.— At the- annual meeting in New York on the 12th inst., the election resulted in a
complete change in the management. The opposition ticket,
which was elected by a vote oi 31,838 shares, against 12,440
shares for the regular nominations, included the following
names Sigmund Neuatadt, of Hallgarten & Co. James L.
Breese, George L. Hutchings, cashier of theThiid National
Bank Charles H. Ludington, Hu-am W. Hunt and John B.
Reynolds, of New York John E. Russell, ex-Congressman
from Massachusetts, and Herman H. Campbell, of the Boston
brokerage firm of Brown, Riley & Co.; William L. Breyfogle
and Samuel Castleman, of Louisville, Ky. Isaac S. Winstandley, of New Albany, Ind. George F. Postlethwaite, of London,
Eng., and John B. Hughes, of Chicago. The only member of
the Board who was re-elected was Mr. Postlethwaite, who
afterwards was made Vice-President. WiHiam L. Breyfogle
was elected President. He was formerly a physician in Louisville, but is said to be interested in several Southern railroads.
less
—
;
;
:
&c., on a street is not an absolute taking or appropriatiou of property, but a damage to an easement that is in-
air, access,
separable from the property itself. In estimating the extent
of this damage the jury should consider the actual benefit
done to the particular property in question, as a whole, by the
building of the road. Thus where the rental of the upper
floors was reduced but the rental of the store floor was increased as a direct result of the coming of the elevated road,
the Court holds it right to setoff the benefit against the injury
on the whole building. On the other hand, a general rise in property in the vicinity cannot be considered, and the Court says:
'•
The increase of value resulting from the growth of public
improvements, the construction of railroads and improved
means of transit accrues to the public benefit generally, and
the general appreciation of property consequent upon such
improvements belongs to the property owner, and the railroad company are not enticled to the consideration
of that element in the ascertainment of the compensaBut the spscial
tion it must pay to the abutting proprietor.
and peculiar advantages which property receives from the
construction and operation of the road, and the location of the
stations, are elements which enter largely into the inquiry
whether there is injury or not, and the jury must con-iler
them and give to them due weight in their verdict. B?tween
this rule and the statutory provision quoted there is no conflict.
The property owner will in every instance receive the
just compensation which the Constitution secures to him for
his property which is taken or injured by the railroad, and the
corporation will be compelled to pay whenever damages result from the erection of their structures and the construction
of the road."
'
'
Missonri Kansas & Texas.— The M. K. & T. Reorganization
Committee gives notice to all registered subscribers to the
$18,000,000 fund that they have the right to subscribe to
The com^,000,000 unsubscribed balance of that fund.
mittee will allot the entire amount pro rata to subscribers, in
proportion according to former subscriptions, who file their
acceptance with the Central Trust Co on or before March 17.
T. Reorganization Committee requests the
The M. K.
holders of its 7 per cent consolidated mortgage bonds, of Tebo
Central
& Neosho first mortgage bonds, of Hannibal
Missouri first and second mortgage bonds, and of Union Pacific (Southern Branch) 6 per cent mortgage bonds, to deposit
their bonds with the Central Trust Company for collection
and payment of the principal and interest at the rate ft.xed by
the respective bonds to the date of payment.
&
&
Nashville Chattanooga & St. Lonis Railway.— The gross
and net earnings and charges for February, and for th; eight
months of the fiscal year, were as follows
—
Gross earnlniss.
Operating expenses
Net earnings
;
;
.
—
.
$117,010 $114,S55
$72,S37
$72,990
2,389
2.670
$"5,379
$r5,007
$39,476
$42,003
and taxes.
Improvements
Interest
Surplns
$920,509
$c81,2TO
$i*93,81«
$581,305
39.04,5
5 3.092
$o2li,2;i>
$(>J4,o97
$300,234
$301,449
& Hadson River—The
statement for the
N. Y. Central
quarter and half-year ending March 31 (March being partly
e'stimated in 1890)" is as follows:
^Ouar. E„d. irr.h.31.—.
1890,
lSc9.
^S i'}[0!.
End.
itch. 31.-,
188i<9i.
{KUlmafifl)
(Aclnal.) iEMm'i(ed)
$8.0 3,478 «m..V27.2.38 $l7.204,3ii7 i.p.O^C.'SIO
Gross oarninM
,^.,6.3,221
11,472.748 H.H.2.,-)6I»
Oudri-tlDj: expenses. 5,-50l.lC8
(05-74)
(66-68)
(66-30)
(68-4S)
P. c. of exp. to earn.
>SS8
9.
(Ar.lunl.)
;
;
:
July llo Feb. 28.
F^bniaru.
18S880.
18S9-!)0.
1890.
1399.
$-27o.627 $27^,315 $2,203,972 $2,-l2S.726
l,2a3.463
ie4 46
1.429. 830
I.'i8.61 7
.
Net earnings
First charges
$2,532,370 $2,374,037
1,963,209 1.965,420
$5,731,619
3,926,520
$'.185,941
3,930,840
$908,617
894,283
$1,805,019
1,788,566
8',2.''>5.1'»T
Proat
DlTldend, 1 per cent.
$369,110
894,283
1,7*8, 966
Burplusordef..Dof,$325,173Sur.$ll,3343ur $16,533 Sar-$4
Northern
(of
:i:.5.
California)— Southern Paciflc— A statement
of the hnes making up the mileage of this consolidated companv, the bonded debt and the operations for tho year 1839,
has "been furnished the Stock Exchange, and is given at length
THE CHRONICLK
B92
[Vol. L.
a subsequent page of to-day's issue. The first mortgage pursue the policy which a prudent individual would
follow in obtaining
money to carrj' on liis busi6 per cent bonds were listed this week on the Exchange.
Ohio & Northwestern,— At Cincinnati March 13 this rail- ness, and that is to keep out of debt. Your company for the
road was sold on foreclosure. It was purchased by President past ten years has depended more upon obtaining money by
Brockie of the Philadelphia Investment Co., representing the increasing its stock than by increasing its bonded obligations.
Its stock has been increased by 55 millions in past years, while
principal stockholders. The amount paid was $900,000.
its bonded debt has only increased about 20 millions.
I dwell
Oregon & Trans-Continental. Notice is published that pur- on this subject, as there will be a resolution offered here
suant to the terms of the mortgage the company now adver- authorizing the directors, from time to time, to issue capital
tises for proposals to sell to it for redemption and cancellation stock in such manner as they have heretofore thought
wise
its first mortgage trust bonds to the amount of said bonds now and proper to
do, for the purxwse of raising capital for imoutstanding, or of any part thereof. The proposals will be provements, and also that you may fuUy grasp the fact that it
received till April 4, and though not so stated in the advertise- takes about §1,000,000 a month, outside of the current operament it is understood that the bonds will probably be paid off tions of your road, for the purpose of adding to your property.
on May 1st at 105 and interest.
This is a large sum of money and has to be obtained with great
Pennsylvania Railroad. The annual meeting was held in care and prudence, so that the interest upon it may be earned
»
*
»
*
»
Philadelphia on the 13th inst. President Geo. B. Roberts when it is once invested."
The following resolution was passed authorizing the issue
spoke at some length in explanation of diflferent matters in
the report, and as fo the general condition of the company. of new stock:
Among other things, the Philadelphia Ledger quotes his re- Resolved, That in view of the statement made in the annual report
Just presentert, the stockholders hereby authorize the Board of Direcmarks as follows
the Company
" The next item is that of extraordinary expenditure not tors or of the capital to Issue from time to time 400,000 additional
shares
stock of this company, the eald shares to be issued
properly chargeable to capital account, and is one to which apportioned and disposed of as the directors may deem for the best
some attention has been called by our English shareholders. Interests of the company.
on
—
—
They claim that this is strictly a
up largely of moneys expended
capital charge, but it is made
in strengthening the line in
improving the character of the passenger stations in providing additional track at various points
in changing iron
bridges to stone and wooden bridges to iron, and similar improvements that it is necessary from time to time to make,
and that axe not properly chargeable to capital account, because if the money is not invested in this manner to better
your property it will be unable to earn the interest on the
money previously invested. In the reports of all the large
corporations of this country you will notice that they call
attention to the fact that a very large amount of money has
been expended in such betterments and addition to their property, and that that amount has been charged to expenses.
;
;
;
"In making up our statements during
the current months
of the year this item is kept out of them, and the expenses are
confined strictly to what are operating expenses. At the close
of the year the expenditures that have been made for capital account are thoroughly sifted out, and those which properly belong to the class of betterments to which I have just referred
are charged againt the income of the year.
" I have dwelt on this matter because I want you to un^derstand that these items are not properly chargeable to
capital account, and must be taken out of the current income
of the company for the purpose of strengthening and improving your property and in making it able to meet its competitors and securing business for your road. They do not so
much add to the earning power of your property as they keep
it in excellent condition to carry your traffic economically and
*
»
*
at the low rates shown in the annual report."
"Further on we get the statement of the lines west of
The results of those lines indicate that they are a
Pittsbui'g.
very sensitive barometer as to the condition of tiie traffic of
the country. They are up one year and down the next fortunately for you, this year they are up. These are operated
by the Pennsylvania Company, which is a bureau of this company, and show a profit of about a milUon dollars, against a
slight loss last year. The total earnings of the lines forming
the Southwestern system the lines in which your company is
largely interested by the ownership of capital stock show a
profit of |240,00O as against a Joss of $76,000 the previous year.
" I may state here, for the information of the shareholders
in this company who may be shareholders in the lines which
are known as the Southwestern system, that we are making
•an effort to merge and consolidate those lines into one coi-poration in order that the interests of each one may be properly
protected as against the divergent interests of the other, and
to prevent the lines drifting into antagonistic ownership. It
is hoped this consolidation can be made in a manner satisfactory to the outside shareholders in all those lines, and if it can
be consummated we believe it will put them on a stronger
financial basis than they have heretofore been, and, to some
extent, relieve your company from raising the capital neces-
President Roberts, for the information of the meeting, said
that the amount of stock not yet issued but heretofore authorized by the stockholders was $750,000. The total amotmt
of stock permitted by the company's charter and still tinissued
is $37,456,550.
The increase about to be made of 400,000
shares, at $50 a share, amounting to $20,000,000, would still
leave the amoimt which the company is empowered to issue
under its charter, §17,500,000, as the whole capital stock authorized by law is $151,000,000.
Philadelphia & Reading.— Henry N, Paul, trustee of the
Reading first preference income mortgage, reports that the
expert appointed to examine Reading's accounts for the last
year finds that there is applicable to the payment of interest
first preference bonds the simi of §90,101, or about
of one per cent. Mr. Paul holds that the charge of ten
cents per ton on all coal received, for sinking fund purposes,
properly takes precedence of the lien of the general and income mortgages, because of the pledge in the mortgages of the
Coal & Iron Company that it would set apart such a sum for
that purpose, and because these mortgages, which are prior to
the general and preference mortgages, are guaranteed by the
railroad company. Ihe flood losses, he thinks, were properly
charged to the earnings of the year in which they occurred,
because the damage had to be repaired before the road could
upon the
%
resume operations.
—A notice
published that a petition has been circulated
city of London in support of the suit now being brought in Philadelphia for the
annulment of the Voting Trust. This petition, it is stated, has
been signed in London by holders of $9,000,000 of the bonds.
New York bondholders who are desirous of co-operating with
the London bondholders are requested to call at the office of
Mr. Isaac L. Rice, 52 Wall Street, and sign the petition.
;
—
—
sary for their improvement.
" You will note that there has been expended on capital account of those Western Unes §2,800,000, all of which had to be
provided by the Pennsylvania Railroad Company. This is a
Jittle larger than usual, owing to the facilities required for increased traffic, and the purchase of real estate and construction
of freight and passenger buildings. The magnitude of your
"Western system is now such that at no time should you expect
to be called upon for much less ih^n two millions of money
annually to keep those lines in condition to meet the requirements of the traffic they are called upon to take care of." * *
"The magnitude of your property has now become so great
that it is an almost daily occurrence for your management to
pass upon some new improvement, or the acquisition of some
fiece of real estate, the cost of wliich runs all the way from
25,000 up to a half million, and the question that gives your
management as much anxiety as anything else that comes to
them is the proper method of securing this capital to continually provide the facilities just indicated. Your share capital
has now run up to a little over §113,000,000. Of course, a corporation which has no indebtedness cannot be broken, but the
Sesire of the average shareholder is to get a greater rate of interest than he is satisfied with when he invests it in a bond or
mortgage, and this makes it difficult for a corporation to
is
by a committee of bondholders of the
—
Union Pacitte, Secretary Windom has undertaken the redemption of about §4,000,000 in United States 4 per cent
bonds, a part of the Union Pacific sinking fund, and the substitution for them, with the purchase money, of first mortgage bonds of the Union Pacific Company, bearing 6 per cent
interest.
Wabash.
—The accounts of
the
Wabash Railroad Company
have been made up to the close of the year. The reorganized
company took possession of the whole system on the 1st of
July, so the account covers only the first six months of operation, the fiscal year being fixed, in accordance with the InterState Commerce Act, to terminate on June 30. The gross earnings for the six months were §7,273,689 operating expenses,
$4,984,173, and net earnings, §3,288,515.
The company paid
§1,540,195 interest on firsts and seconds, of which §377,158 was for accrued interest to July 1
for rentals, §354,966
for taxes, §198,414 for sundry accounts, §38,178, and for interest on debentures, §105,000.
The surplus over and above
;
;
;
;
payments was
§288,474. While the receipts for the
year will not aggregate as much, the
payments will also be less. For the month of January the company starts off well "with net earnings of $330,017, against
§123,618 in 1889.
these
second half of the
fiscal
Western Union Telegraph.— The estimated net earnings for
the quarter ending Dec. 31, 1889, were §3,000,000; the actual
were §3,007,876, or $7,876 more than the estimate.
The
estimated net earnings for the quarter ending March 31, 1890,
compared with the actual results in the same quarter of 1889
are as below given.
—
Quarter ending Mch. 31.
.
Actual, 1889.
Net revenue
Less dividend
£stimaled, 1890.
$1,363,813
Net revenue
Deduct—
Interest on bonds....
Sinking fund
$1,550,000
$189,087
20,000
$214,955
20,000
209,087
$1,154,726
....ClHp. o.) 1,077,376 (l^p.
234,955
$1,315,045
o.) 1,077,391
Surplus for quarter
Add nominal surplus Deo. 31
$77,350
8,319,854
9,357,303
Nominal surplus Mch. 31
$8,397,204
$9,594,957
$237,654
ItVFor other Railroad and luTestment News see pase STT.
]
k
March
THE CHRONICLR
15, 1890.]
l^eports
documents.
atttl
(^ommtvtml
^Ixjc
NORTHERN RAILWAY COMPANY
393
*^imts*
COMMERCIAL EPITOME.
(OF CALIFORNIA).
Friday Nioht, March 14, 1890.
Trade assumes fair proportions as the spring advances, bat
is quite without the spirit which promises an active scaaoiu
New York, February 28, 1890.
Rains have continued excessive in the Mississippi Valley and
On the 4th dav of May, 1888, pursuant to the laws of Cali- the great river has risen'to points above high water mark.
fornia, the Northern Railway Cfo. amalgamated and consoli- Crevasses have occurred in the levees at various places, but
no
dated its capital stock, debts, property, assets and franchises,
with the capital stocks, debts, properties, assets and franchises serious damage is done as yet, and with the fall in some of its
of the following-named railroad corporations, organized and principal tributaries, there is rewon to hope that the worst is
existing under the laws of the State of California, viz.: over.
Winters & Ukiah Railway Company Woodland Capay &
Lard on the spot has been steadily improving in sympathy
Clear Lake Railroad Company West Side & Mendocino Kailwith the West, and to-day was fairly active at the best prices
road Company Vaca Valley & Clear Lake Railroad Company
San Joaquin & Sierra Nevada Railroad Company Sacramento of the week, closing steady at 6-05c. for prime city and 6-50@
& Placerville Railroad Company Shingle Springs & Placer- 6 -550. for prime Western, with refined for the Continent
Santa Rosa & Carquinez Railroad
ville Railroad Company
Company Amador Branch Railroad Company Berkeley quoted at 6'35®6-85c. The speculation in lard for future
Branch Railroad Company under the name and style of the delivery also gained strength and the sales to-day were 8,500
"Northern Railway Company," by the force and effect of tcs. at 6-4836-50C. for May, 6-54@6-55c. for July and 6-«7c.
APPLICATION TO THE NEW YOEK STOCK EXCHANGE.
;
;
;
;
;
;
;
;
;
;
which consolidation it succeeds to all the debts, properties, for October.
and franchises of the said several railroad companies.
DAILT OLOSIHO PRI0B8 OF LAED FXTTURBS.
Man.
&zl.
Tu**.
WM.
Mileage and Bonded Debt. The estimated length of said April deliverv
6-41
6-44
6-34
6-38
0.
The following May delivery
line of road is in the aggregate 699 miles.
6-37
6-40
6-42
6-45
0.
6-46
6-47
...
Juno delivery
o.
table shows the length of roads completed and in operation
6-46
6-48
6-49
6-51
July delivery
o.
and the divisional bonded debts thereof respsctively
6-60
6-63
6-64
6'65
assets
—
'
:
October delivery
DMnionat
First
atanding —
Mortgage Bonds
ttilt
out-
Northern Railway Company Six per Cent, f 5,156,000 149-21
San Joanuiu & Sierra Nevada Railroad
40-26
149,000
Six per Cent Bonds
189-47
$5,305,000
. .
Amador Branch EaUroad Company
Berkclej- Branch Railroad Company
JW.
6-49
6-50
6-53
e-54
6-69
Pork has met with a good demand and closes firmer at
at $11 503$11 75 for new mess, $10 75@$11 for old do., $9 50(9
$10 for extra prime and $11 75@$13 25 for clear back. Beef
Jliles,
DMHonal B'J« already retired {Ihemortgages
securing satuK having heen canceled) —
$1,404,000
Sacrameuto & Placerville Railroad Co.
c.
ThUT.
6-44
6-45
6-48
6-51
6-66
lower at $6@$6 25 for extra mess, $7(i$7 50 for packet and
Beef hams steady at
§12 50@§13.
Cut meats have been active at prices showing some recovery
of the decline noted in our last, fuU and medium weights of
is
§11 S0@$13 50 for city extra India mess.
49-15
27-20
3-84
.
675,000
100,000
80-19
$2,179,000
Additional roads completed and in operation—
Santa Roaa & Carquinez RR. ,Napa June, to Santa Rosa
Vaca Valley & Clear Lake KR., p:iniira to Madison....
Woodland (japay & Clear Lake KR.,Madiaon to Uemsey
West Side & Mendocino RaUroad, Willows to Fruto..
Shingle Springs <fc Placerville Railroad, Shingle
Springs to Placerville
36-95
27-35
24-02
16-84
pickled bellies selling pretty freely, 5c.@5i^c., and 10 lbs.
average at 5%c., but the firmness of holders to-day checked
business. Closing nominal prices are 8}^c.(g8%c. for pickled
hams, 4%c. for do. shoulders, and 5c.(a6c. for do bellies, inlbs. average at 5%c.; smoked shoulders, 5i^c.@
11-37
5i^c. Tallow is firmer but quiet at 4i^c.
Butter dull Elgin,
116-73
Cheese quieter;
27c327}^c.; other creameries, 14c. @ 26c.
386-39
Total mileage now completed Is
State factory full cream, 9J^c.@lli4c.
$30,000 per mile on 386-39 miles
$11 ,591,700
5,305,000
Less divfsiouaJ bonds still outstanding
Coffee on the spot has further advanced to 185^(318J^c for No.
7 Rio, but the close to-day is dull and weak.
The speculation
$6,286,700
First Mortgaoe Five pee Cent Gold Bonds. The bonds in Rio options, which had favored the bulls, quite broke down
are part of a series not to exceed $21,000,000, issued and to be to-day, the weaner European advices causing heavy sales to
issued from time to time at the rate of §30,000 for each mile realize and prices went off 30 to 35 points, and closing barely
of road constructed or acquired, after deducting outstanding
steady with sellers as follows
divisional bonds not deposited as security for the new bonds.
cluding 10
;
—
:
March
17-100.
IS-OOo. June
17-50C. September
They are secured by a deed of trust dated January 10, 1889, AprU
17-800. July
17-350. October
16-950
to the Union Trust Company of New York, Trustee, convey- May
17-300. November
17-65C. August
16-76o'
ing the lines of railroad of the company then or thereafter
showing a further advance over last Friday of 50@65 points
constructed and acquired as described therein, and the rolling
stock, equipment, hxtures and other property appertaining for the early months and 15330 points for the later deliveries.
Raw sugars are unchanged from last Friday, at 5 3-16c for
thereto, constructed or which may be hereafter constructed,
purchased or acquired, held or owned by the company. The fair refining Muscovado and 5 11-1 6c for Centrifugal, -96 deg.
bonds are coupon in form, with the privilege of registration, test, and closed quiet, no transactions being reported to-day,
|
—
the place of registry being the company's office in New York.
of $1,000 each, dated October 1, 1888, mature fifty
years after date, bear Interest at five per cent per anniun, payable semi-annually, on the first days of April and October,
both principal and interest in United States gold coin, at the
company's ofiice or agency in the city of New York.
They are
Operations for the] Year 1889.— The
entire line as consolidated has been leased to the Southern Pacific Company,
for ninety-nine years from July 1, 1888, and is operated by it
in conjunction with other connecting lines
Gross earnings
$2,853,724 16
Operating expenses
1,715,015 38
:
Earnings over operating expenses
Taxes and other expenses
Interest
$1,138,708 78
$62,461 44
651,928 73
payments
714,390 17
Surplus
$424,318 61
—
Directors and Officers. Charles F. Crocker, President;
Timothy Hopkins, Vice-President; N. T. Smith, Treasurer; W.
V. Huntington, Secretary.
Application
is
made
to
list
6,286 of the above-described
Northern Railway Company's First Mortgage Five per Cent
Gold Bonds, numbered from 1 to 6,286, both inclusive, and
amounting
to $6,286,000.
C. P. Huntington,
AGENT AND Attorney.
The Committee recommended that
$4,800,000 of the aboveto 4,800 inclusive, be admitted to the
list as "Northern Railway Co. (of California), Fifty-year Mortgage Gold Five per Cent Bonds of 1938."
described bonds, Nos.
1
Adopted by the Governing Committee March
12th, 1890.
but refined
is
dearer at
7%c
for standard
crushed.
Molasses
was quieter at 23)^c for -50 deg. test. The tea sala on Wednesday was a large one, and only the better grades brought
steady prices.
Kentucky tobacco
is firm, and it is reported that 600 hhds.
have been sold for Italy, but only 150 hhds. gone elsewhere.
Seed leaf has been quieter, and sales for the week ai-e only
865 cases,
Havana,
as follows:
16(i35c.
;
125
cases 1888 crop
New England
\%%%
140 cases 1888 crop State Havana,
100 cases 1887 crop Pennsylvania seed leaf, lOJ^Q 12c.;
100 cases 1888 crop Pennsylvania Havana seed, 13}^c. ; 160
cases 1888 crop Pennsylvania seed leaf, 8J^(glOo.; 100 cases
14c.
;
1888 crop Ohio seed leaf, 83^@9}^, and 150 cases simdries,
6335c.; alao 850 bales Havana, 65o.@$l 15, and 800 bales
Sumatra, $1 00® $185.
On the Metal Exchange Straits tin has declined, but to-day
was firm and more active, with sales of 110 tons at 20-35c. up
to 20-60C. for March, closing at 20-50c. and quoted 20-lOc. for
June. Ingot copper is dull and nominal; quoted yesterday at
14^c. for Lake. Domestic lead has ruled firm, selling to-<lay
at 3.973^c. on the spot. Pig iron warrants have declined to
$17.25.
The interior iron
ness, but at lower prices.
markets
reflect
some
revival of busi-
Refined petroleum is lower at 7-30c. in bbls., and 9-60c. in
Crude petrocases; crude, in bbls., 7-55c., and naphtha 8-lOc.
leum certificates have further declined, and close at 89^(3
active
89 J^. Spirits turpentine was depressed, but to-day is
and firmer at 431^0. ; Rosins are quiet at $1.15@1.17i^c. for
common to good strained. Hops were active. Wool dulL
•
THE CHRONICLK
394
rvoL. L.
COTTON.
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on sliipboard, not
Friday. P. M. March 14, 1890.
cleared, at the ports named.
We add similar figures for
The Movement of the Crop, as indicated by our telegrams New York, whicli are prepared for our special use by Messrs.
the South to-night, is given below. For the week ending Carey, Yale & Lambert. 24 Beaver Street.
from
this evening the total receipts have reached 54,735 bales,
On Shipboard, not cleared—for
against 68,554 bales last week and 86,608 bales the previous
Leaning
week, making the total receipts since the 1st of Sept., 1889, ifarch 14, atCoast-
at—
Seeeipts
Hon.
Sat.
Galveston
2,185
Wed.
Tuet.
1,476
Thurt.
382
1,102
Frl.
443
217
Mobile
4,308
3,119
203
865
Orleans...
1,241
Total.
172
408
1,046
ElFaso, &o...
New
6,363
408
1,631
4,771
21,586
ISO
7,311
13
35
63
711
978
356
468
1,170
3,181
Florida
Bayannab
394
150
206
4,778
3.181
1,792
32
20
139
325
'422
1,129
605
148
453
202
155
154
426
212
300
427
310
114
196
2,865
1,926
1,837
2,108
1,647
1,984
2,924
6,384 15,208
54.735
Brunsiv'b, &e.
Charleston
Port Royal.&o
132
601
Wilmington
Wash'gton, &c
22
39
478
295
228
522
564
372
419
139
Norrolk
West
Point...
309
'""73
K'wp'tN'B.&c.
1,837
New York
Boston
Baltimore
Great
389
383
1,984
n.„„,.
•"^'•"«-
Other
Foreign
wise.
11,903
6,455
.
None.
None.
None.
5.384
Other ports..
8,300
2,800
9,000
None.
None.
None.
None.
None.
16,687
None.
5,500
12,000
2,277
None.
6,100
3,000
None.
500
2,100
4,009
2,000
None.
None.
Total 1890.
5,490,758 bales, against 5,090,991 bales for the same period of
1888-9, showing an increase since Sept. 1, 1889, of 897,767 bales.
.37,387
Total 1889.
Total 1888.
33,187
40,160
|
Britain.
New Orleans.
Mobi.c
Cbarleston..
SaTannah
...
Galveston..
Norfolk
New York
1,300
None.
Stock.
Total.
270
35,315
None.
6,000
14,100
11,670
10,300
10,200
12,000
155,236
12,440
10,112
17,864
8,396
12,541
101,196
37,413
45,564
8,879
99,585
355,198
44,484
19,408
7,755
18,910
5,816
109.485
72,462
676,245
695,516
I
J
12.904
7,078
The speculation in cotton for future delivery at this market
was quite active, but at fluctuating prices, and feverishly unsettled in tone, down to the close of Wednesday's business. A
slight decline on Saturday, under sales to realize, was followed by renewed buoyancy on Monday, in which prices went
5;g6 points above the closing figures of the previous Friday.
On Tuesday and Wednesday the foreign advices disappointed
and there was a good deal of selling to realize
was said, on Liverpool account ^and the close on
Wednesday was 10,g 12 points below the best figures of MonFor comparison we give the following table showing the
day. But on Thursday Liverpool reported an advance, which
week's total receipts, the total since September 1. 1889, and
appeared not to have been expected by anybody, and a smart
the stock to-night, compared with last year.
rise with us followed, but it was mostly lost in fhe later deal1889-90.
St'iek.
1888-89.
Receipts to
ings.
Our small stocks are an element of strength, and there
Sitiee Sep.
Thin
Since Sep.
Uarch 14.
1890.
1889.
is latterly some disposition to renew minimum crop estimates,
Week. 1,1889.
Week.
1, 1888.
Phlladelpli'a,&c
247
110
Totals this week
5,520
9.2861
Galveston...
ElPaso,&c.
New Orleans.
Mobile
Florida
Bavannali. ..
Charleston
813,519
22,611
6,363
408
21,586' 1,834,114
711
231,580
28,870
898,585
100.089
310,969
4,778
3,181
1,792
Brun3.,iS:c.
..
P.Koyal,&c
Wilmington
1,80
325
131,133
3,732
384,570
313,895
52,146
99,183
64,051
76,586
63,323
Wa8li'tn,&c
Norfolk
2,865
1,926
1,837
2,408
1,647
1,984
2,921
West Point.
NwptN.,<S:c
New
..
Baltimore.
..
York.
Boston
&c
PMI'del'a,
Totals
151
54,735 5,480,758
265
1,955
7,577i 10,760
6,060
621,275
18,785
20,066,
18,121
25,898 1,567,969
3,073 201,825
22,907
.5,813
779,448
8,521
135,454
2,923 358,844
13,814
950 147,848
3
4,317
3,969 461,281
6,052 374,622
6,906 117,211
3,234
88,749
3,140
72,120
257
60,214
2,949
41,278
190,551
12,410
257,591
15,083
31,964
165
16,112
54,147
11,796
4,444
22,841
23,904
7,867
111,396
8,000
5,312
16,273
22,767
231,692
10,000
13,150
14,895
278
80,026 5.090,991
454,783:
19,936
685.730
In order that comparison may be made, with other years,
give below the totals at leading ports for six seasons.
1890.
Galv'ston,&c
New Orleans
Mobile
Bavannab.
1889.
6,771
21,586
Receipts at-
6,338
25,898
3,073
5,813
2,923
711
4,778
1,792
..
Charl*3t'n,&c
Wilm'gt'n,&c
Norfolk
W't Point, &c
we
1888.
1887.
6,081
19,685
1886.
4,404
17,308
2,182
8,758
5,400
3,729j
29,170
813
1,782
3,677
3,225
3,287
2,504
1885.
1,360
15,990
840
2,514
1,299
325
953
376
799
815
240
All otters
3,969
12,958
18,101
2,781
5,898
5,908
4,823
3,562
6,949
8,529
4,091
6,256
2,415
1,934
6,293
Tot.tliisweek
54,735
80,026
47,333
57,716;
57,743
32,8S5
Since Sept.ll5490.75S 5090,991 5022,261 149.59.574 4727,174 1522,360
The exports
for the week ending this evening reach a total
of 97,801 bales, of which 81,437 were to Great Britain,
1,210
to France and 15,164 to the rest of the Continent. Below
are
the exports for the week, and since September 1, 1889
Week Ending March
EcporUd to-
£xp()rta
Great
from—
Brit'n.
11.
Total
nent.
Week.
Galveston
New
Orleaufl.
26,600
7,931
Sept.
1.
1888. to .Vcfi. 14, 1890
Exported to—
Conti.
Franc t
From
S1,S«4
Mobile
Great
Britain. France
361.337 34.659
778,753 320,820
Conti.
„,„(_
Savannah
Brunswick
154,570
7,4';i
7,461
2,31;!
2,212
61,281
6.8C0
5,fO0
West
6.1 2o
5,128
Point...
N'portNws. &c
835
Now York.
23,368
Boston....
BalCimore.
Philadelp'a.&c
Total
Total, 1888-89..
30,326
817,059
102,69 J
Charleston
Wilmington..
Norfolk
. .
835
250
8,0?3
?05
2,t
J'^
81,427
79,182'
44,789
601,955
14,267
1,910
716
104.911
249,920
174.653
05
33,875
119,318
<',123
392.456
114.163
3,594
43.165
1,574
89.122
28,112
G1S.019
116,815
at,86l
23,.Sl8
1.378
Ordinary
c^irict Ordinary
Good Ordinary
Sat. jfKon
SH
....^Ib.
i
Good Ordinary.
Low Middling
834
93„
^IJf. 101, fi
1038
10^8
Middling..
Middling
n»,,
1133
Low
IOI3
11
ll-'ie
Strict
Ills
TDealWed Th.
834
9'ie
101,6
1012
11
116,6
III3
I
8Uia
918
ilO
107,6 Ii07,6
10
ilO
iio'ie
1016,glOl»,6 1015,ft
11114
1114 I1114
llll.a !ll7„ 117,8
11%
Good Middling
Strict Good Middling.
Frl.
SHibI 811,6
9^8 19%
lliii,:iuii6lliiia
lli3ie;il'»ie!ll'5i. 11^8 ;il73 11173
12i,s 1125,6 1135,6
1212 !l2ia
Il278 iia^B
12i3ia;i2ia,e,i2i-)ig
Middling Fair
I214
1234
Fair
GULF.
ITIon|Tnea|
Sat.
Wed Tb.
Frl.
I
|
I
Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ordinary.
Low Middling
Strict Low Middling..
Middling
Good Middling
Strict Good Middling.
Middling Fair
.»lb.;
8'8
9
9»ie
9'ie
10>,6 Il05,6
815,,
816,,
938
81'ia
938
933
97,6
1014
1014
10^1, I1014
10=8 |10!!4 110%
lOi'ie 1011,6 1011,
11% 1114 'III4 113,6 113,6 1113,6
III2 illia
;il»i6 111-2
lllte ll»,
11'%
11% 1134 111]. lH'uilliiig
1116,, 1115,, 11116,5.
12
11% ;12
1218
12%
1211. 1121,6 121,6 I2I3
;i2i2
12% 12% 12^,6 ,12",« 129,6
1318 Il31,« 131,6 |131,g
13
'I319
,
I
1
1
Fair
STAINED.
Sat. nionlToesI
I
I
Good Ordinary
Strict Good Ordinary
9
$
Ib.j
LowMid(i!ing
Middling
8I3
8.'8
858
9I4
9I4
9 13
lOi 6 103i8 10 ',6
11
lO^s
111
Wed Tb.
Frl.
;
89,6
93,6
lOis
10% 10%
I0ia,eil0i°ie!l0i6,g
89,6
93,6
;
;
89,6
93,6
The total sales and future deliveries each day during the
week are indicated in the following statement. For the
convenience of the reader we also add a column wliicli shows
at a glance how the market closed on same days.
SALES OF SPOT AND TRANSIT.
SPOT M.\RKET
CLOSED.
Sat.
Steady
Mon.
Q't
& st'y, % ad.
Export.
Oon- Spec- Tran- _ , ,
•'<"'"•
sump.\'ul*t'n tit.
I
lyiivSales.
403
234
2,281
1,052|
eritn.
52,100
122,900
99,400
38 S7i200
403 70,400
234 88,900
3.333 520,90C
377
2,658
?5,7«0
30,569
2.663
,.
IS.IM 97,601 2,470,266 444,900 1,344.048 4,259,212
3»,685
—
UPLANDS.
2.S0.671
71,926
212.161
150,833
28,0:6
—
—
—
117,1 7a
155,041
32.968
87,766
81,020
24,846
1,0:
3,991
—
MARKET AND SALES.
Total
126,960 482,976
472,852 l,572,li5
44.'
—
it
although the Bears assert that the floods in the Mississippi
Valley are restricting the current movement of the crop.
To-day there was a smart decline under weak Liverpool advices, many of the Bull party unloading quite freely, and
going short for a decline, but there was some recovery in the
parties buying here and
last hour, and the close was steady
selling at New Orleans, where the market is said to be relatively higher than here.
Cotton on the spot was quoted l-16c.
lower on Wednesday, after several days, witli no transactions
reported, and the market closes weak at 11 3-16 for Middling
Uplands.
The total sales for forward delivery for the week are 520,900
bales.
For immediate delivery the total sales foot up this week
3,333 bales, including 2,281 for export, 1,053 for consumption.
in transit.
Of tlie above
bales
for speculation, and
were to arrive. The following are the official quotations for
each da.y of the past week March 8 to March 14.
Strict
2,865
3,763
12,144
•
the Bulls,
jMirtly,
2.269.704 341.173 1,139,0313,770,207
Tues. Unll
Wed. Dull at 1^ dec.
Thur. Steady
Fri...
Total
Tbe
3*
Easy
2,281
daily deliveries given above are actnally delivered tlie
previous to tbat on wliicb they are reported.
day
March
THE CHRONICLE
15, 1880.J
The Sales and Prices of Futures
are
shown by the
The Visible Supply of Cotton to-night, as made \x\> by cable
mil telegraph, is as follows. The Continental stocks, a.-) wuU as
those for Great Britain and tlie afloat are tliis week's returns,
and consequently all the European flgures are brought dowa
to Thui-sday evening.
But to make the totals the complete
figures for to-night (Mch. 14), we add the item of exports from
the United States, including in it the exports of Friday only.
following comprehensive table:
t»H
H
,^^ -^~f-
92l§
5*
»
o3.!
— C !B SS
C »- M
tW— 2"*
(5 <6
^3 6?
OS' *
";•<
-
b;
»
WW
crq
•
m
CO
»:
a
(n
;
3:
f
•
M
9
3:
S;
!^
g:
P.
MM
5
COCO
2
•!
Total Continental stocks
cs
8.-^^
S8^
C
s
"^
t>»
5
coco
MtO
»,":
t>
^
_
wco^co
I
I^^CO
p»
y^t-*
eico^co
"" 2
O'Cl
&.":
&f
-M
M
HU ^1 M
2
5^Ml
CO
(,
coco
"^
go
MMM
*
ifc*'
COCO
CrttOti"'
CD
to.
5
2
MtO
S«:
I
10)^
CO
coco
2
"^
M^ ^ MM ^ MM S
MM 5 MM 5 MM [>
2
*-!0
C!
coco^co
c
OOP
M
i^ii
2
COM ^
coco
at Amsterdam
at Rotterdam
at Antwerp
at Havre
at Marseilles
at liarcelona
at Genoa
at Trieste
7,000
760,000
2,200
25.900
20,000
014,000
945,000
2.800
35,600
27,000
4,<H)0
45,400
21,000
800
400
6,000
165,000
3.000
96,000
20,000
13,000
1,200
135,000
4,000
55,000
7,000
O.OOO
400
700
300
900
177.000
3,000
61,000
4,000
10,000
257,000
4.000
51.000
5,000
12,000
446,600
259,700
326,500
395,600
31.000
4.M,783
161,480
20,072
r.Kypt,Brazil.&c.,afltforE'r*po
Stock in United States ports..
StockinU.S. interior towns..
United States exports to-day.
9).*:
Total visible supply
coco'to
^
2
JOa
CO
05QD
42.000
767.978
264,492
14,541
35,000
685,730
198.304
35,841
50,000
654,781
177,214
0,275
MM
to-
*-<i
2
OMM"*
wP:
I
I
2,735,935 2,608,575 2,804,511 2,881,873'
Of the above, tiie totals of American and other descriptions are as f oUowc
Amerxcan —
Liverpool stock
bales
849,000 585,000 705,000 740,000
Continental stocks
353,000 178,000 200,000 290,000
American afloat for Europe... 324,000 368,000 286,000 468,000
United States stock
454,783 6'?I5,730 767,978 654,784
United States interior stocks.. 161,480 198,304 264,492 177,214
05
8®;
9?;
Te.*-:
MM|(>.M
MMCM MMOM MMCSM MM-,OM
MMOM
MMOM
ciifi^pii
Cncii°ii ^i(iO|ji
CM s
coto
OM X M*- to
o
MM
MM 5 MM 5 MM •? MM 5 MM t» MM 5
MM (» '^'^ b» MM b>
I^W„2 frli 2 ^^ 2 Dili g c»*» 2 p^i^ 2
Ct
M
COCOM*^
itato*'
m'*
"co
8©^":
8P:
sP:
MM^M
MMOM MMtOM MMtOM MMOM MMOM
MMOM MMOM
o
^ ^ di o yi
M
MO O
M
eo-i
OiX -J
MM
MM b, MM > MM >
I
1«S7.
933.000
12,000
|-.;t
Orf>
MM ^ MM
^M 5
00
I
1888.
895,000
23,000
Total European stocks.. .. 1,538,000 1,025,700 1,244,500 1,340,000
Indlacottoii afloat for Europe.
206,000 200,000 185.000 185,000
Amer.ctitt'naHoat for Europe.
324,000 308,000 286,000 468,000
MMOM
<1
1889.
759,000
7,000
s'.>*:
C0Ci°CO
COrfl^CO
OCO
M
M^CM - M
HMcM
I
CCi^^CO
IJ
WtCJt
(J
C.1
OCO-'CO
*g5
^
I
2
^ MM 5
MM
OK)
b»
'»
8.":
tJOf
-M
CO
MM
MM
MMQM MMXM MMCiM
MH-iM
Mh-OM
I
»
J*
ci*
MM
MM
coco
-M
fM
8 a.'-:
Total Great Britain stock. 1,092,000
at Hamburg..
2,300
at Ilreijir-n
134,000
Stock
Stock
Stock
Stock
Stock
Stock
Stock
Stock
Stock
Stock
M
CO
17,000
00
to
o
1890.
bales 1,075,000
Stock at Liverpool
Stock at London
I
o
COCO
coco
3.
-5 Si'
B.ff-
£31
Pr
ft
»
(» rt
395
United States exports to-day.
coiS-'ci
0,275
14.541
35,841
20,072
(0
Total American
Sa$t Indian, Brazil, <tc.
Liverpool stock
London stock
Continental stocks
India afloat for Europe
Egypt, Brazil, &c., afloat
h,
CJT
'^
I
I
CJi 0*1
lt>il^
o'l
2,162,335 2,050,875 2,238,011 2,336,273
—
226,000
17,000
03.600
206,000
31,000
190,000
174,000
7,000
81,700
260,000
2.3,000
126,500
185,000
42,000
3,'^,000
193,000
12,000
105,600
185,000
60,000
>.
>-;h^
oiw
*-*"
-I
UIM — 2
I
IffcCOM'^
|6r:
MMODM
S'p:
;^ss 01
OSM
CJttC
m'I
^:
1
1
a
1
9',
b.
5
t>
MM
5
a
C^Ci
2
it^cots"»
I
sr:
91*:
MMOM
MM
00
XX
OM
O
h.
IJ
2
'^
•<
cJic^
Cti
OMM-"
8P:
MMCOM
cJiui^cJ'
MCO
M
c;im
»
MM ^
8«:
MmCOM ©ar":
CD
L*
I5
It^ The imports
OCM-J
sr:
MMCOM
o
^
MCO
to
>•
5^
2
^
At the Interior Towns
for the
1.^:
MMOM
0000 0000 0000 OCOC
obco^cD
xx®x
CO
MM !»
9= » 00
?
^
er:
M-OM
to
1
to
t>
o
CI 01
week have been
movement—that
the
week, and since September
is the receipts
the shipments for the
the same items for the
1,
week and the stocks to-night, and
corresponding period of 1888-89— is set out in detail in the
following statement.
CJrf^
MM
into Continental ports this
The above figures indicate an increase in the cotton in sight
to-night of 137,360 bales as compared with the same date
of 1889, a decrease of 68,576 bales as compared with the
corresponding date of 1888 and a decrease of 145,938 bales
as compared with 1887.
I
MM
00
xx
tvtO
557.700 566.500 545,600
2,162,335 2,050,875 2,233,01 1 2,330,273
573,600
65,000 bales.
CJIOI^C^
MM
MM
00 t> 00
5
XX 2 tex
ax " M^
Ac
Total visible supply
2,735,935 2,608,575 2,804,511 2,881,873
5ii,gd.
eisd.
fiSsd
Price Mid. Upl., Liverpool....
538d.
Price Mid. Upl., New York....
ICiC.
10«8C.
lOo
ll'iftO.
I
MMOM
iB.Ci'^CJl
toto
toif^
Or;,-?
MM
MM
I
-"x
CO to
MMI^M
oic;i
JM
ft'
H->
2
MMOM
OM »
^cJi^cJt
MM >
00 O;
t
8»:
MMOM
t,
»
^^ RM -*M tOM
M—
OM
*.«. 5i
cn V»
3JM ?1 h-ill (0
H^
MM > CO
00
»
-1<I
XX w- Iwtd
I
Total East India,
Total American
f»
8«:
mmc;m
":
I
8
:
MMIOM
ooco 0000 ocpo ocoo 0000
A ® ai cJiUI^CJl cjid®cji
loco
to
coco
xo X tOtO O Cjtcjl^cji
CO
I
I
o
-2<
2
cocc
co^
MM|t.M
©000
o cow^co
M
CflCj'
CO
I
o
COCO
00
coco
ox
2
I
2
^
:
I
-^:jOcj
coco®co
CO
!!
"
-cotoc^co
to
> M
00
5^
l-^^
I
i*.i&.
tco
COOO
i::o®w
coilL^cb
CO, o
COCO
CO'
a*
h:
:
:
:
i-3^3^,l3'^n6>
ggPg'r-^Sp: >:
:
:
CO
en
-1
I
^
X
8
2
"^
I
I
€)
:
cc :; at
©ei
•M
to
MM
Mit-
2
it*
>
I
I
I
I
CO c^
X (X Ci M ^ O
CltP'CttCXUU.OTCnifi.CCWXtCCO-^SlCib'
"
I
c;ic;t
I
8
tJCS-Jxwcci-'XtekCTtco
vi<xcooc»;-c;icc:Cit^Q
I— icc:kc:;
WVtXWO'
tOM
U»
M C» M
I
cc
;
w M ci
lid
M C- M C a Qc'c JO
h't£
tC
MX
OiMiyiM^j^c-tro-Ji-'CCO'
I
I
cjt
coco
coo
>
t*
^
1
u
to
C^itO
I
"-•
C
M M :n to
cccnyt
— cix
— owowio
XMOOSVCCXCCiOtOCtf-CSClt^OlG^U
CO
I
is
S-13
8.";
&.":
^^^^ 0000 MMtOM ^^^^
^^t-,^
COOO 0000
«co
lli^O|4,
coco®<
M
M
CO o
I
"OCCiXO'CSO
ooo^cctcto
J^^
00
tOM
c.:
MCI "-•«:;»
Oi
MMCOM
0000
^^ ^ ^^
1
eooo
I
B
K-O
I
sr:
COif>
Sa; a' M„e,-"'MH
'
00 ^
or:
8
MMOiM MMtOM MMCOM MMCOM
= = 29 0000 ooco 0000
>
coco
tote
!J
MtOSJWWOSM
I
V
2^^
gcuimmo:m
rf*
tfik
<i
*^<»
mSiU
h-'xwts
^
xo
« w -^ -q H* X p H <i I- C w CO o c;
t;i
c;io©^xx#.rf>'©oi''CiCtCi'©^a:w*-j
• Includes sales In September,
1889, for September, 147,600; Soptcm.
ber-botober, for October, 640,600; September-November, for November,
«36,200; September-December, for December, 957,200; September
to
M»M»-*w|OM
zflc:
O
ci<i«-i«o»-<i*j
iOMioiu>-^foo:wx^
>- W MOi C C C; K M — Oi_;c C X C;^ »0 CO^
CO
rf*-*JC*'*>>CJCi-'C:(t-X*0;>-»OWCCXM
^ y* »o X yi o
Ot
— <i re c: u c
January, for January, 1,570,100; Septembei^February, for Fe bruarv,
COWOSMCnM-'
1,125,100.
rf^xcjit'Oto-a
u
>«^
tV We
have Included In the above table, and shall continue each
week to give, the average price of futures each day for each month. 1^
will be found under each day following the abbreviation "Aver "
The
average for each month for the week Is also given at bottom of table.
Transferable Orders— Saturday, H-35c.; Monday, ll-45c.; Tuesday,
11-40C.; Wednesday, ll-35<i.; Thursday, H-35c.i Friday, 11 -300.
c M-Q o ^ >^M*^ w SP -• 10 X It 2 ^"^^ ^
CiUfleaMUosoao&oviiooQOaMxoD
The following exchanges have been made during the week:
"02 pd. U^ezch.
100 Mch. ft>r AptU.
|
03 pd. to exch. 200 Moh. for April.
•
'
J
^
^M;
M**,>-',^^'^"P-"'
3^o5d£xxmS«^'
H'Oto-a^'X^i^
30
UiXrOC"^>**
X »0 A o <»-«
«
'w
o
1889 ngurei »re tor Palestine. 1 1899 (Iffuxes »re for Fetergbyg,T«
L<ml»Yflle ta both ro»M are " net"
h TUl* 7©M MtbBAte^
THE CHRONICLE.
39B
The above totals show that the old interior stocks have
decreased during the week 19,903 bales, and are to-night 36,824
bales less than at the same period last year. The receipts at
the same towns have been 13,777 bales less than the same
week last year, and since Sept. 1 the receipts at all the towns
are 65,449 bales more than for the same time in 1888-89.
Quotations for Middling Cotton at Other Markets.—
In the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
day of the past week:
CLOSING QUOT.tTIONS FOR MIDDLtNO COTTON osr—
Week ending
March 14.
Satur.
Charleston.
Wilmington.
Norfolk
Boston
Baltimore...
lOlSje
1016,8
1011,8
lOiSie
1016,6
lO's
IOI618
lOTg
1016,8
1013,8
10%
10%
10%
10%
10%
10%
103,8
1013,8
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
ICs
Uia
IIU
Mobile
Savannab...
Mon.
1013,8
10l3i8
IOSb
lOiija
10 3i
10 »8
Galveston...
New Orleans
Tut*.
1015,8
III3
IOI618
101618
IIH
1016,8
1158
113s
1111,0
1016,8
1158
11=8
1111,8
10%
11%
11%
10%
10%
10%
lOiSie
10^8
lOTg
10%
101»18
ICa
lO's
lO^e
10^8
ID'S
11
11
11
Ills
11
11
PWladelphla lise
Augusta.. .. 1058*%
Memphis
—
Louis
Cincinnati
lOSg
lO'a
.
Louisville.
10%
..
St.
im
10%
llOs
nil
Wednet,
Thurs.
Fri.
Uii.e
8
1138
11%
10%
im
llie
10--618
im
Ills
The
closing quotations to-day (Friday) at other important
Southern markets were as follows:
IOI3 Raleigh
10%
Atlanta
10% Little Rock
tOig Rome
10 !« Montgomery
Columbus, Ga.
11
lOia Nashville
1058
Columbus, Miss
10% Belma
10 12
Eufaula
1058 Natchez
10% Shreveport
.
.
.
—
Receipts From the Plantations. The following tabh
indicates the actual movement each week from the plantation.s.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weeklj
movement from the plantations of that part of the crop which
finally reaches the market through the outports.
Bwtiptt at t)M PotU. St'k at Interior Towm. Rec'ptt from Plant 'n».
Week
^rnHng—
Feb.
7".
..
1988.
"
U
"
"
81
28
69,084
Mch. 7
73,169
47.333
"
H
1689.
1888.
1890.
1
1889.
1888.
1890.
99,5-iS 126,347 140.253 388.668 3311,521 280,548
84,:3'; 135,870
63.562
86,350
98,593
81,638
99.965 360.441
83,21S 35D,614
86,608 384,588
63,554 .302,5CS
SiO.asl 258,957
887,545 239,695
270.972 222,979
848,002 196,97b
80.026' 54.735'284.870l815.870 175.649
1889.
1
18u0.
88,690 101,629; 132,917
75.915 119,436 79,374
69,197 73,608 63,85(1
39,536 70,020 69,592
51.388 5«,868 37,553
29.695 49.29, 33,406
—
The above statement shows: 1. That the total receipts from
the plantations since September 1, 1889, are 5,653,963 bales; in
1888-89 were 5,390,886 bales; in 1887-88 were 5,283,301 bales.
2.
That, although the receipts at the outports the past week
were 54,735 bales, the actual movement from plantations was
only 33,406 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 49,294 bales and for 1888 they were
29,695 bales.
—
Amount of Cotton in Sight March 14.—In the table below
we give the receipts from plantations in another form, and add
to them the net overland movement to March 1, and also the
takings by Southern spirmers to the same date, so as to give
eubstantially the amount of cotton now in sight.
!
1889-90.
1888-89.
1887-88.
1886-87,
Keoeipts at the ports to Mch. 14 '5,490,758 5,090,991 5,022,261 4,959,574
Interior stocks on Mch. 141nj
excess ol September 1
163,205 199,895 261,040 152,854
I
j
Tot. receipts from plantat'ns 5,653,963 5,290,886 5,283,301i5,112,428
to March I
795,5111 779,9911 816,752
623,233
Net overland
|
Southern consumpt'n to Mch.l
325,000
331,000
300,000
250,000
[Vol,
li.
—
Dallas, Texas. There has been drizzling rain on six days of
the week, the rainfall reaching seventy five hundredths of an
inch. The thermometer has averaged 53, the highest being
70 and the lowest 86.
have had rain (drizzles) and fog
San Antonio, Texas.—
on six days of the week, and the precipitation has reached
thirteen hundredths of an inch. The thermometer has averaged "63, ranging from 43 to 82.
Lvling, Texas. Telegram not received.
Columbia, Texas. The weather has been dry but foggy all
the week. Average thermometer 70, highest 79, lowest 50.
Brenham, Texas. All work has been interrupted by rain
which has fallen heavily on five days of the week, the rainfall reaching two inches.
The thermometer has averaged 58,
ranging from 42 to 74.
have had rain on two days
New Orleans, Louisiana.
of the week. The thermometer has averaged 60.
Shreveport, Louisiana. Rainfall for the week, two inches
and seventy-three hundredths. The thermometer has averaged
50, ranginging from 34 to 71.
Columbus, Mississippi. It has rained on two days of the
week, the rainfall reaching two inches and twenty-six hundredths. The thermometer has ranged from 30 to 70, averaging 48.
Leland, Mississippi. It has rained on three days of the
week, to the extent of four inches and fifty-five hundredths.
Average thermometer 51-1, highest 77, lowest 32.
Meridian, Mississippi. Rain has fallen on every day of the
week. Too much rain prevents planters preparing their land.
The season is backward.
Vieksburg, Mississippi. It has rained on four dajrs of the
week, the precipitation reaching four inches and thirty hundredths. The thermometer has ranged from 36 to 62, averaging 48.
Telegram not received.
Oreenville, Mississippi.
Telegram not received.
Little Rock, Arkansas.
Helena, Arkansas. It has rained constantly on three days
of the week, the precipitation reaching three inches and
twenty-eight himdredths. Wet weather prevents farm work.
It is apprehended that the present high water will overflow all lands subject to overflow on the west bank of the
river from Cairo to the Gulf. The thermometer has averaged
50, the highest being 64 and the lowest 32.
Memphis, Tennessee. The whole lower valley is threatened
with inundation and the season for planting will be delayed.
The river at eight this morning was thirty-six and four-tenths
feet above the high water mark of 1882.Rain has fallen on four
days of the week to the extent of two inches and fifty-seven
hundredths. The thermometer has averaged 49, ranging from
30 to 68.
have had rain on four days of the
Nashville, Tennessee.
week, the rainfall reaching two inches and eighty-eight,
The thermometer has ranged from 21 to 70
hundredths.
averaging 45.
have had rain on four days of the
Mobile, Alabama.
week, the rainfall reaching eighty-four hundredths of an inch.
Average thermometer 58, highest 74, lowest 42.
have had rain on four days of
Montgomery, Alabama.
the week and the weather is clcudy now. The rainfall reached
twenty-seven hundredths of an inch. The thermometer has
averaged 55, the highest being 79 and the lowest 34.
have had rain on two days of the
Selma, Alabama.
week to the extent of one inch and twenty-two hundredths.
The thermometer has averaged 53, ranging from 34 to 74.
Auburn, Alabama. The week's precipitation has been nine
hundredths of an inch. The cold spell on the first of March
killed all tender vegetables and seriously damaged oats and
the fruit crop. The thermometer has ranged from 32-5 to
We
—
—
—
—We
—
—
—
—
—
—
—
—
—
— We
—We
—We
— We
—
averaging 52-8.
Columbus, Oeorgia.—'iio rain all the week. The thermometer has averaged 61, the highest being 77, and the lowest 37.
Northern spinners takings to
Savannah, Georgia. Rain has fallen on four days of the
March 14.....
l,.583,398!l,554,108 1,456,7841,301 ,427
week, to the extent of seventeen hundredtlis of an inch. The
Tt will be seen by the above that the increase in amount in sight
75.
to-night, as compared with last year, is 384,597 bales, the increase as thermometer has averaged 53, ranging from 30 to
compared with 1887-88 is 380,421 bales and the increase over 1886-87,
Augusta, Georgia.— The weather has been clear and pleasis 794,813 bales.
ant during the week, with light rain on one day to the extent
The thermometer has ranged
"Weather Reports by Telegraph.—Reports' to us by tele- of six-hundredths of an inch.
from 28 to 79, average 52.
graph from the South to-night indicate that rain has fallen in
Charleston, South Carolina.—It has rained on four days of
almost all sections during the week, and that in the Mississippi the week, the rainfall reaching thirty-seven hundredths of an
Valley and portions of Texas and Alabama the precipitation inch. Average theithometer 52, highest 74, lowest 33.
Stateburg, South Carolina. Rain, sleet and snow on two
has been heavy. Some land has already been overflowed, and
days of the week to the extent of twenty-eight hundredths of
a serious immdation along the west bank of the Mississippi, an inch. The thermometer has averaged 46-8, the highest
77-5,
I
Total in sight
March 14
6,780,474 6,395,877 6,400,053'5,985,661
—
I
|
i
_
—
from Cairo
to the Gulf, is threatened.
Oalveston, Texas.— It has rained hard on two days of the
week, the rainfall reaching three inches and fifteen hundredths. The thermometer has averaged 60, the highest being
being 73'5 and the lowest
27'5.
North Carolimt.— There has been no rain all the
The thermometer has averaged 50, ranging from 24
Wilso7i.
week.
to 80.
The following statement we have also received by telegraph,
and the lowest 48.
showing the height of the rivers at the points named at 3
Palestine, Texas.— Hsiin has fallen on five days of the week o'clock March 13, 1890, and March 14, 1889.
Mch. 13, '90. Mrh. 14, '89.
to the extent of one inch and .eighty-seven hundredths. The
Feel.
Feet. Inch,
thermometer has averaged 53, ranging from 86 to 70.
lti-3
12
Above low-water mark
Huntsville, Texas.— Hurd rain on six days of the week has New Orleans
36-3
22
7
Above low- water mark.
Menlphis
20'0
8
Above low-water mark.
prevented farm work. Tlie precipitation reached-three inches Nashville ........
25-7
22
Above low-water mark.
Shreveport
47-6
1
33
and one hundredth. Average thermometer :57, highest 73 VlcksbUrg.
Above lovi-Watcr mark^
lowest 42.
Note.—EepoTts are now ntadjB.Jil, tpet and teiiths.
71
i
Mabcb
THE CHKONICLE.
15, 1800.]
India Cotton Movement from all Ports.—The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the tifiures down to March 13.
BOMBAY BECEIPTa
FOB FOUK YEABS.
JtND SHU'MENTH
SMpmeMu nnce Jan.
Shipmfnttt thU meek.
Seeeiple.
1.
ThU
tear Great
Oimttr
Brien. neni.
Total.
Britnin
Total.
neni.
1890 15,000 16,000 31,000 85,000 298,000
1889 5.000 27,000 32,000 l'JO,000;341,000
1888 2,000 .33,000:37,000 51,000 207.000
1887 2, OOP ll,000|l 3,000 (ji 1 OOOl 207,000
383,000
401.000
258.000
2 68,000
,
66,000
77,000
57,000
47,000
According to the above, the average weight of the delivariM
Great Britain is 473 pounds per bale thia season, against
461 pounds during the same time last season. The Continental
deliveries average 460 pounds, against 4.58 pounds last year
and for the whole of Europe the deliveries average 468
in
pounds, against 459-6 pounds. Our dispatch also i^ives the full
for this year and last year in bales of 400 (Munds.
movement
Hiiiee
Jan
Weeh.
397
1.
(ii)(>.000
72!),(X)0
Kil.oOO
17 ! ,
000
1889-90.
Oct. 1 lo March 1.
Bales of 400 lbs. each,
000< omitted.
Qreal
Britain
According to the foregoing, Bombay appears to show
a decrease compared with last year in the week's receipts of Spinners' stock Oot 1.
11,000 bales, and a, decrease in shipments of 1,000 bales, and
takings la Oatober.
the shipments since January 1 show a decrease of 78,000 bales.
Total supply
The movement at Calcutta, Madras, and other India ports for
the last reported week and since the 1st of January, for two Oonsiunp. Oct., 4 wks.
years, baa been as follows.
"Other ports" cover Ceylon,
Spinners' stock Nov. 1
Tuticorin, Kurrachee and Coconada.
85,
181,
180,
236,
463,
243,
338,
292,
361,
320,
699,
612,
46,
398,
41,
340,
Shipmentt since January
Britain.
tien-t.
Total.
Oontinent.
Britain.
Consump. Nov., 4 wks.
444,
308,
381,
320,
Spinners' stock Deo. 1
Takings in December.
136,
442,
578,
385,
579,
400,
1,157,
193,
398,
Consump. Jaq., 4 wks.
255,
343,
304,
638.
599,
738,
40,
331,
39,
338,
669,
S25,
628,
871,
300,
377,
304,
748,
604,
2,000
1,000
Total.
3,000
2,000
14,000
22,000
28,000
26,000
42,000
48,000
1,000
1,000
1,000
61,
197.
960,
71,
403,
73,
518,
454,
144,
857.
5,000
5,000
1,000
2,000
0,000
7,000
Madras—
1.000
474,
375,
527,
380,
1001,
785,
179,
500,
372,
904.
99,
425.
147,
548,
2ta,
971,
591,
308,
685,
324,
1.276,
52 4,
308.
693,
316,
1,217,
632,
Spinners' stock Feb. 1
Takings In February.
283,
317,
3cil,
4.'>4.
614.
771,
210,
334,
377,
380,
f»3,
714,
1890...
1889...
All otbers—
1890....
1889....
1,000
2,000
2,000
2,000
3,000
11,000
18,000
10,000
9.000
21,000
27.000
Total all 1890...
1889...
3.000
2,000
3,000
3.000
6,000
5,000
30,000
45,000
39,000
37,000
69,000
82,000
Total supply
Consump. Feb., 4 wks.
600,
308,
815,
324,
1,415,
632,
550,
308.
757,
316,
1,307,
eu4.
Spinners' stock Mch.
292.
21?
441.
«83,
Total supply
Consump. Dec, 6 wks.
Spinners' stock Jan. 1
Takings in January.
Total supply
The above
totals for the
the ports other than
week show
movement from
that the
Bombay is
1,000 bales more than the same
week last year. For the whole of India, therefore, the total
shipments since January 1, 1890, and for the corresponding
periods of the two previous years, are as follows:
E.\PORT8 TO EUROPE FKOM ALL INDIA.
1890.
Shipments
Europe
1889.
1888.
All otber ports.
Total
Since
Jan. 1.
This
week.
Since
Jan. 1,
ThU
Since
week.
383,000
69.000
32,000
5.000
401,000
82,000
37.000
16.000
258,000
88.000
452.000! 37,0O0!
37,0001
543.000! 53.00n|
ALEXANDRIA Receipts and SmpnENTS.
,
Alexandria, Egypt,
1889-90.
1888-89.
1887-88.
34,000
3,012,000
12.
23,000
2,664,000
18,000
2,810,000
This
Since
week.
lept.
This
week.
1.
5,000 229,0001
3,000 123,O0O[
Total Europe
ThU
Since
Sr.pt.
Siii/ce
wek.
1.
Sev>
1.
8,0001201,000
3,0001117,000
4,000 348,000
""
" 1418Bi««8li,«
Britat7i
nent.
55,
1,838,
181,
1.998.
Supply
1,893.
Oonsumptt'n 21 weeks 1,601,
i;.179,
1,688.
491,
783,
242,
Spinners' stock Oot.
1.
Takings to March 1 .
.
Spinners' stock Mcli. 1
292.
Qreat
Britain
nenl.
52,
1,736,
167,
1,894.
4,072.
1.783,
3,289,
1,546,
2,061. 3,849,
1,620, 3,166,
Total.
236,
3,836,
441.
Totai
219,
3,630,
683,
8%
Oolt'ni
U>s.
Uid.
8.
A.
6
4
6
6
3
s.
Unirlsl
d.
37 4
«7 3
2ii3*7
II2
6 3 »7 3
Nominal.
Nominal.
d.
6
61, „
I
„.,
^
Cotton
32« Oop.
T^"'d.
8M, lbs.
Shirtings.
s.
d.
s.
®7
She
Mid.
TTpldt
7i5i«a87if
•a7
11^
5%
IJa
51I1,
— We
have
European Cotton Consomption for March
1.
Qreal Britain.
Oonlintnt.
.
1,737,000
460
1,506,000
461
694^653,010
is
now
7 says.
1,654,000
458
'
is
not accurate
weeks in different years do not end on the same dav of
the month. We have consequently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement for the years named. The movements since
Sept. 1, 1889, and in previous years, have been as follows;
as the
799,020,000 1,534,062,000
3,160,000
459-6
757,761,000 1,452,414,000
made from month's total
— A comparison of the port movement by weeks
For 1888-89.
Takings by spinners .. .balAs
Average weight of balee .lbs
laklngB In nonnd^
181,0
151.0
151,0
156,0
156,0
Comparative Port Receipts and Daily Cfop Movement
466
735,042,000
77,')
76.0
76,0
76,0
79,0
79,0
that wh;ch is now belua harvested iu unint"rrupt"dly line weather.
No fresh news was to hand from Broach, but from the Dlinllera circle
accounts were satisfactory, picking having become more general In
»everal districts, and it was expected that the suitable weather prevailing woull improve the yield slightly at Veerumgaum. while at Bhownuggur the new cotton was arriving to the extent of 15 to 20 docras
daily. LUer advices by wire to hand to day oontirm the above, and
report an excellent crop in the Wadwau district of the Dhollera circle.
3,291,000
.173
77,0
l.«.8.0
The Bombay Prices Current of February
Total.
1,554,000
75.0
75,0
The lelegi-aphn weather and crop reports issued at the beginning of
the week spnko of tne want of ralu in sevenl districts In which cotton
Is largely grown, but these advices have refei-enoe to other crtit>8 than
For 1889-90.
Takings by Bpinners. .bales
Average weight of bales, lbs
Takings in pounds
*75,0
166.0
157.0
157,0
158,0
news
5»,«
5»8
II3I
•»7
6%
lifi
®7
87
6I18
61 , 7lo,g38'iel6
Average as given by Mr.
80,0
80,0
80,0
81,0
81.0
those of tie previous week. From the Tinuevelly district our reports
continue favorable, hut troui the Western, Dharwar, &c., districts the
is not raviir.ible, aad we are afraid moderate crops in these
quarters are all that cau be. looked for.
558
»7
®89ifl
71*16 987,8
'
77,0
77,0
77,0
77,0
aud the qunlltv of both descriptions promises to be satisfactory. In the
up country markets arrivals show an increase of about BOO bales over
d.
219
]l2
*76,0
East India Crop.— From Messrs. Gaddum, Bythell & Co.'s
Cotton Report, dated Bombay, Feb. 7, we have the following:
Arriyals this week ar.< less than those of last week br about 1,500
balls, but DOW that Broach and Dhollera cotton has comin-nced to
an Ive, we expect to see a material increase In our supplies. Th« plokiiiif of thn Broafh aud DUollera crops Is being puitho.t on vlgomasly.
1889.
Shirti'jiffs.
March
1888-89.
Conti-
The foregoing shows that the weekly consumption
received to-day, by cable, Mr. EUison's cotton figures brought
down to March 1. The revised totals for last year have also
been received and we give them for comparison. The spioners'
takings in actual bales and pounds have been as follows:
October 1 lo
ire
159,000 bales of 400 pounds each, against 156,000 bales of like
weights at the corresponding time last year.
The total
spinners' stocks in Great Britain and on the Continent have
increased l.S9,000 bales during the month and are now 100,000
bales in excess of the same date last season.
—
1890.
Mcll.7!8>i8®8iii<i
m
Qreal
Ellison; deduction
on account ol stoppage of spindles.
comparison:
A.
made
1889-90
1.
each.
000s omitted.
*
2,000 217,000
2,000 131.000
ing more imminent. We give the prices for to-day below,
and leave those for previous weeks of this and last year for
A.
783.
is
lbs.
In December
In January
In February
Manchester Market. Our report received by cable to-night
from Manchester states that the market is steady for yarns
and firm for shirtings. A strike in the coal district is becom-
82* Oop.
TwUt.
March
400
In October
In November
8,000^352,000' 11.000!318,000
.
A cantar is 98 pounds.
Feb. 7 8^9 «>8''8
" 14 838 ®8%
" 21|8'i fla8%
" 28 8% •818^
year
624,
Veekly Consumption,
Exports (bales)—
*
491.
last
1
765,
00s omitted.
Receipts (eautars*)
This week
Since Sept. 1
To Liverpool..
To Continent
Oct. 1 to
8ales of
340,000
—Through
arrangements we have made with Messrs. Davies, Benachi & Co. of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandi-ia, Egypt. The following
are the receipts and shipments for the past week and for the
corresponding week of the previous two years.
March
79,
Jan.. 1.
31,000
6,000
Bombay
87,
striking by
biingiug together the above totals and adding the average
weekly consumption up to this time for the two yeirs.
This
week.
from —
1
The comparison with
•
to all
29.^,
1.
CalciiTta
1890...
1889...
n>tat.
nent.
219,
419,
Total supply
Oonti-
62,
Omli167,
176,
Takings in November.
Shipments for tKt week.
Qreal
Britain
Total.
nent.
283,
.
Great
Conti-
1888-89.
THE CHRONICLE.
398
Year Beginning Aptemfrer
MonUily
Ueeeiptt.
1887.
1888.
1889.
1884.
Bept'mb'r 561,710 332,017 654.776 359,203 385,642 345,445
October.. 1,325,358 1,133,016 1,213,404 1,034,450 1,055,524 1,090,386
Kovemb'r 1,257,520 1,159,063 1,178,436 1,197,259 1,083,552 1,122,164
Deoemb'r 1,116,928 1,103,713 963,584 1,164,886 1,069,920 1,104,211
January
700,909 718,091 527,570 644,681 543,393 475,757
February 410,044 461,201 341,274 404,272 414,656 261,449
SHiPPiNa News. The exports of cotton from the United
States the past week, as per latest mail returns, have reached
153,285 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph and published in
the Chronicle last Friday. With regard to New York we
include the manifests of all vessels cleared up to Thursday.
Total iKUe*.
Hew York—To
This 9tatem=nt shows that up to February 28 the receipts
at the ports thi« year were 465,368 bales more than in
1888-89 and 493,435 bales more than at the same time in 1887-88.
By adding to the totals to Feb. 29 the daily receipts since
that time we shall be able to reach an exact comparison of
the movement for the different years.
1886
1887-88.
1885-86.
87.
1884-85.
Tot.Fb.29 5,372,469 4,907,101 4.879.044 4,804,751 4,552,687 4,399,411
14,084
8,473
22,2.6
8,316
S.
Mch.l....
11,189
" 2....
10,007
13,276
12,129
14,099
10,707
8.
•'
11,930
9,250
8.
11.128
10.336
3....
7.417
" 4....
15,413
S.
8,514
10,764
6.318
7,487
" 6....
9,158
11,247
15,102
7.148
12,981
17,836
'•
17.511
5,792
S.
8,097
12,980
5,401
6....
" 7....
12,797
S.
9,212
5.929
1°,779
13,798
" 8....
13,081
8,351
17,649
8.
19,014
5,520
" 9....
13,745
16,020
10,659
S.
14,130
11.436
" 10....
10,138
7,939
8.
6.980
5,139
9,286
" 11....
12,552
10,725
S.
8,352
5,009
7,577
" 12...
8,966
14,220
14.503
10.760
6,073
4,891
" 13....
8.
8,790
10,177
6.024
12,389
6.384
" 14....
11,119
S.
4,604
5,207
12,958
18,20«
Total
5,490,758 5,069.305 5.004,974 4.921.943 4,678,221 4,494,683
Percentag e of total
92-52
88-69
94-10
89-34
91-37
port reo'i)UMch.l4
.
This statement shows that the receipts since Sept. 1 up to
to-night are now 421,453 bales more than they were to the same
day of the month in 1889 and 485,784 bales more than they
were to the same day of the month in 1888. We add to the
table the percentages of total port receipts which had been
received to March 14 in each of the years named.
To Havre, per steamer La Normandle. 1.210
Lahn. 375
To Bremen, per steamers Fulda, 670
Moravia, 400 ..
To Hamburg, per steamers Marsala. 478
WaesTo Antwerp, per steamers Crown of Arragon, 100
New
week, and since September
N»w York.
1,
1889.
Since
TMl
Since
Sept.l.
week.
Sept.l.
from—
week.
H.Orleani.
3 033
7,255
1,909
381.783
276,495
8o. Carol'a.
No.Carol'a.
yirglnla...
Norttan ptB
1,599
2.408
week.
Sinct
Sept. 1
14.573
71,974
Ac.
Thi<
Sept.l. week.
Since
69
9.066
1.194
38,554
8
SS,443
riorlda
3.162
62,684
Tenn.,
153.285
total
particulars of these shipments, arranged in ovir usual
form, are as follows:
Rotter- Keval
Bremen dam
Liverpool.
Thl« Tear
3.010
22.358
N. Orleans. 34.046
Galveston..
9,509
Savannah
burq.
1,210 1.923
5.011 10.731
26,166
3.550
3,933
.
West Point
Boston
Baltimore
Phlladelp'a
5.250
9.607
4.437
News
N'p't
dt
Ji St.
Lisbon^
Ant- Peters- Genoa,
werp. tnirg.
i£e.
Total.
1.233
S35 30.569
Ham-
<t
Hull. Havre,
75,954
9,509
8,800
3,93S
9,607
4,437
806
806
256
6.009
274
"'743
3,010
541
266
1.581
....
....
2.040 33.649
6,495 14,235
6,265
2.396
1,009
6,341153.285
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
2
203
S,!91
32,264
223,056
99,188
4.879
1.725
62,356
2,133
60,099
265
4,000
73.668
17,108 1,107,819
8,4(if
373,118
2,202
81,874
8,364
176,241
31,487 l.«2,701
10,608
893.526
1,207
80,650
6,844
239,053
3,554
Liverpool—March 8— Steamer Darien, 2,650
March 11—Steamers
March 10-Steamer Santanderino, 6,350
New Orleans—To
77,807
Foreign....
200
the latest dates:
8,771
903
101
The
1.335
Uoblle
534
Olympia, 325
200
.
Total.... 87,515
1,477
878
steamers Alava. 3.800
Mandalay. 2,314. ...Milton, 3.774....
Castellano. 4.500
Bed Sea, 4,469
Professor, 4,649
Pedro, 5,261
34,046
Vesta, 5,339
5.011
To Havre, per steamer Paris. 5.011
Federation.
To Bremen, per steamers Almandine. 2.450
8.615
6,165
2,116
To Hamburg, per steamer City of Manchester. 2,116
3,200
To Reval, per bark Triade Tarrabochia, 3,200
John Bunyan,
To St. Petersburg, per sbips Cora, 4,575
Paramatta, 4,835
Newman Hall, 4,756
3,800
...
22,966
Bialto, 5,000
Galveston—To Liverpool, per steamers Aldersgate. 6.094
9.509
County. 3.415
3,550
Savannah— To Keval. per bark Carl Beck, 3,550
1,200
To Lisbon, per bark Sestrl, 1.200
4,050
To Genoa, per steamer Trieste, 4,050
Charleston- To St. Petersburg, per barks Johan Hansen. 1,908
3,933
... Bussell. 2,025
Norfolk— To Liverpool, per steamers Puerto Biqueno, 3,002
9,607
....Victory, 6,605
4,437
West Point— To Liverpool, per steamer Cyphrenes, 4,437
806
Newport News— To Liverpool, per steamer Albany, 806
Boston— To Liveri>ool, per steamers Lake Superior, 1,869 ..
6,009
Michigan, 1,900. ..Norseman, 1,104. ...Venetian, 1,136..
25B
To Yarmouth, per steamer Yarmouth, 256
274
Baltimore—To Havre, per steamer Electriqae, 274
1,581
To Bremen, per steamer Weser, 1,581.
541
To Rotterdam, per steamer Ohio, 541
743
Philadelphia— To Liverpool, per steamer Ohio, 743
266
To Antwerp, per steamer Nederland, 266
192.147
Texai
aarannab
Baltimobi.
209
101
To Genoa, per steamers Bolivia.
To Naples, per steamer Bolivia.
To Trieste, per steamer Bolivia.
Kbw Orleans-To Liverpool, per
Charleston.
Norfolk ..
PHrLADELPH'A
BOSTON.
1.210
1,045
1.233
1,133.
laiid,
New York.
(iROSS Receipts of Cotton at
York, Boston, Philadelphia and Baltimore for the past
The Followinq are the
Liverpool, per steamers Auranla, 2,514
Blela. 1,857. ...Cafifomla, 450. -- Celtic, 1,038.. ..City of
Chicago, 3.217... Helvetia. 1.373.... Hoi Dein. 2,324....
..Pathan, 2,855... .St. Eonans, 1,316
Italy, l,86rt
22,358
SiddoM, 2,321... Spain, 100.... Wisconsin, 1,125
Otranto, 1,161
3,010
To Hull, per steamers Hindoo, 1,849
Total .... 5,372,469 4,907.101 4,879,044 4,801,751 4,552,687 4,399,411
Pero'tageof tnt. port
84-36
90-30
9211
88-45
8709
receipts Feb. 28..
1889-90. 1888-89.
U
—
1.
1885.
1886.
[Vol.
8.391
Francisoa. 5,934; Governor. 4,606; Hugo. 4.500.
Bremen— March 8— Steamer Havre. 3.834.
Hamburg— March 8— Steamer Avonmore, 2.600.
Antwerp- March 8— Steamer Havre. 800.
Barcelona— March 11— Bark Nueva Aranco, 700.
Beonswick— To Liverpool— March 11— Steamer Tresco, 7,481.
!haeleston—To Liverpool- March 11— Steamer Starlight. 2,212.
Norfolk—To Liverpool— March 8— Steamer Kairos. 5,800.
West point— To Liverpool— March 8— Steamer Waverly, 3,463
To
To
To
To
.
Last 7ear
-.
The bxpoRTS of Cotton from New York this week show an
increase compared with last week, the total reaching 30,569
bales, against 16,396 bales last week.
Below we give our
usual table, showing the exports of cotton from New York,
and the direction, for each of the last four weeks; also the
total exports and direction since Sept. 1, 1889, and in the last
column the total for the same period of the previous year.
KXPOKTS OF COTTON (BALKS) FROM
NEW TOEK SINCB SEPT.
Week Enditig—
Exported to-
Feb.
20.
other British ports.
15,838
4,349
Tot. TO Gt. Brit'n. 20,187
Feb.
27.
March March
6.
13.
1,
Total
since
Sept. 1.
1889.
Same
period
37ft 90"!
9.786 10,649 25,308
392.456
492,659
113,754
620
1,210
33.275
44,449
770
813
620
1,210
33.275
44,449
690
134
1.016
771
1,04.'^
3,601
..........
1,695
2,205
3,217
1,139
1,233
20.999
48.548
39.393
63,849
89,780
Tot. to No. Europe
2,519
6,822
5,127
3,156
108.940
176,129
..
.......
Other French ports.
Total Fbench
Other ports
....
Bp'n Op'to. Glbr. &o.
All other
,
,
"'"50
878
2,850
7,528
8,108
'ess
453
835
10,378
21,857
QBA^a> Total.... 23,526 17,874 16,396 30.569
545,049
735.094
..
50
13 749
Wedne*. TAuri.
m.
Satur.
taverpool, steam d.
Do
late dellv'y.d.
Havre, steam
saU
Bremen, steam
Mon.
rue*.
Sia
ht
316
Si 6
"64
"64
.-..
....
"33
»S2
I'sa
"S3
"sa
.—
-...
"sa
ITgg
c.
1I32
e.
...a
e.
"32
"ss
I
—
"s.
indlrect.c.
...
....
—
..
....
Hambirrg, steam.e.
Do via lndlreot.c.
"32
I'sa
"32
"ss
—
",a
Amsfd'm, steam.e.
60*
60*
60*
60*
60*
Do
"453
Total Spain, &a
.
Do
813
..
.
year.
327.893
64,563
770
Havre
ian. 884.
To Yarmouth— March 12— Steamer Yarmouth. 250.
Baltimore— To Liverpool— March 3— Steamer Nessmore, 605
March 8— Steamer Baltimore.
To Havre— March 1— Steamer ^finian, Stnart,
To Bremen— March 5— steamer Karlsruhe, 2,739.
To Antwerp— March 1—Steamer Lepanto, 250.
PHlLADKLPHiA—To Liverpool— Marcn 11—Steamer Lord Gough, 1,025.
Cctton freights the paat week have been as follows:
previom
9,347 22,3SS
1,302 3,010
8,049
1,737
March 12— Steamer Ovenholme. 1.965.
BOSTON—To Liverpool— March 3— Steamer Istrian, 1.2.50. ...March 6—
March 7— Steamer Pavonia. 1.462 ...
Steamer Bavarian. 1,822
March 11— Steamers BulgarMarch 10— Steamer Kansas. 655
Do
.--,
indirect.. d.
Reval, steam
Do
d.
d.
saU
Baroelona.steam d.
Genoa, steam .. .d.
-
^'-*»32
— -.
"18
"sa
60*
>49»sa
'4a'>33
143933
14*932
"18
"18
»ie
B18
.--.
»16
—
—
....
....
14^933
-.
I'aa
—
"84
198^36,, »«e4®5ie t»g4®6,g I9e4»s,a
O18
&1«
616
Trieste, steam... d.
"la
'l6®'>33 »1«®"S3
Antwerp, steam d. "m®''.-» l3M»7a^ lS,4-a7gg 1S«4'<«7!19 lS«4®7,j 13m«'sJ
•
Per 100 lbs.
i9j^.aiB,e
Hakoh
THE CHRONICLE.
16, 1890.]
LiVKiiPOOii.
—By cable from Liverpool we have the following
statement of the week's
sales, stocks, &c., at that port.
Feb. 21.
Feb. 23.
itareh
7.
UarcK 14.
41,000
49,000
40,000
week
balea
89,000
3,000
3,000
3,000
Ot wbloh exporters took....
2,000
2,000
2,000
2.000
2,000
Ot wbloh speculator* took. .
40,000
33,000
34,000
Balea Amerloan
32,000
4,000
8,000
13,000
Actual export
5,000
64,000
67,000
64,000
Forwarded
65,000
Total stock— Estimated
1,027,000 1,043,000 1,056,000 1,075,000
Of which American—'Esain'd 813.000 831.000 836,000 849,000
»6,000
90,000
95,000
Total liu|>ort of the week
83,000
69,000
74,000
82,000
Ot which Amerloan
67,000
Amoant afloat
205,000 184,000 193,000 204,000
Of which Amerloan
159,000 140.000 132.000 140,000
The tone of the Liverpool market for spots and futures each
day of the week ending Mch. 14, and the daily closing prices
of spot cotton, have been as follows:
Saturday Monday. Tuaday.
Spot.
1:45 p.
M
{
Quiet and
.
Bteadr.
(ayor.
Barely
supported
Friday.
Basler.
{
Mld.UprdB.
Bales
Bpeo.
Finn.
firm.
Vednet. Tkwnd'y.
Quiet but In bnyen'
6>«
61i«
10,000
1,000
7,000
1,000
& exp.
6i8
6ie
618
8,000
1,000
8,000
500
Market,
I
Market,
4
}
Quiet and
Basyat
partially
1-64 dec.
Dull.
Steadier.
Qalet.
Bteady.
p. M.
ai
advance.
Steady at
partially
1.64 adr.
Firm at Steady
1-64 1» 2-64
5,000
500
steady at Steady at
1-64 adpartially
1-04 dec.
Tanoe.
Barely
steady.
ITlrm.
o.
Au(?ust delivery
September delivery
December delivery
o.
o.
o.
Dri.
87 %
87 "9
87>«
84Sg
83°8
83
84i«
83>8
83%
83>4
83%
H6°g
84>4
8314
83>*
86>4
86
88>8
8378
86%
84%
83%
86«4
84(4
84%
87%
8a'«
Me\
Indian corn has fluctuated within narrow limits. OflFerings
on the spot have not been liberal, and exporters, though ourtailing their operations, have been obliged to pay full prices,
and the local dealers have found themselves obliged to renew
supplies. Still the turn in favor of sellers has been more in
tone than in prices, and to-day a slight advance was attributed more to sympuhy with the advance in wheat than to
the actual position of corn itself.
Shippers were paying
80}^c. for No. mixed com in elevator,
oAn.T oixMoio psioas of mo. 2 loxao aoBS.
Bat.
Man.
Tuet.
Wed.
Thurt.
36i6
o. 36
3e>4
36%
36%
March delivery
AprU deUvery
o.
c.
0.
0.
Jane delivery
Futures.
1:45 p. M.|
July delivery
May delivery
6>8
7,000
1,000
DAiLT oixMno paioM or m>, a aw> wnmui whbat.
Bat.
Hon.
Tun. Wed. Thure.
87
o. 8e>4
86%
SCm
seu,
86'8
o. 86>«
87 •«
H6>«
86%
87 '9
May (lellvory
c. 86»«
87
86%
86 >i
June delivery
86
8538
o. 85 Sg
85 «t
86'd
Karob delivery...
April delivery
Sales ot the
Market,
399
36%
36>a
37
37 »«
3716
37%
38%
38%
Fri.
36%
36%
36%
36''8
37
37%
36%
87%
37%
38%
37
37%
37%
86^8
38
38
38%
declining until to-day, when reports of
July deUvery
Oats were dull and
a renewed shipping demand caused a firmer market, although
no important transactions were reported.
DAILT OLOSIHO PBIOBS Or BO. 2 MXXSD OAIB.
Sat.
Tuet.
Man.
Wed. Thurt.
Fri.
c. 28%
28%
284
28'*
March deUvery
28%
28%
27%
27%
27%
27%
26%
ZO'g
27
Barley is lower, and the sales to-day embraced two-rowed
Liverpool for each day are given below. Prices are on the
basis of Uplands, Lo w Middling clause, unless otherwise stated
State at 45@4Si^c, to arrive and on the spot.
^7* The price* are given in pence and OitAi (Aim.* S 63 means
The following are closing quotations for wheat flour in
The opening,
5
highest, lowest
and 6 01 meant 6
63.64((..
Sat.,
Open
mch.
H<<rA
A.
April-May., 6 06
May-June.. 6 08
June-July.. 6 09
610
611
Auff.-Sept.. 608
September. 608
July-AuK
August
1-64(L
.
d.
d.
604 604
6 04 8 04 604
807 606 6 07
600 6 08 6 09
610 6 09 610
611 6 10 611
611 611 611
608 608 6 0b
6 08 6 08 608
April deUvery
0.
Hay deUvery
0.
barrels.
Mod., Mch. 10.
8.
604
Moh.- April. 6 04
prices of futures at
Low. OUu Open BiQk lav. Oloe
d.
6 01
March
and closing
<!.
d.
Taaa., Mch. 11.
0pm HiQh
d.
606
605
607
609
610
611
606 606 606
606 605 eus
607 6 07 8 07
8 10 609 810
611 a 10 811
612 6 11 6 13
6 11 613 611 6 13
609 6 09 6 09 609
609 609 6 09 6 09
Low.
(L
806 606
606 606 6 05
8 08 608 8 07
6 0S
6 10
6 10
611
6 09
6 11
611
612 612
613 8 13 613
6 09 610 8 09
8 13
6 09
...:.
4.
8 05
8 05
608
610
Superfine
V
bbl.
Opsn High Low.
d.
d.
d.
Clot.
d.
603 603 6 03
8 02 602
April-May.. 605 6 06 804 604
May-June. 8 07 608 808 607
June-July. 808 609 6 08 808
March
6 0S
Mch.- April. 8 03 6 03
Jnly-AuK
August. ..
.
Aug.-Sept.
September
8 09
8 10
8 09
6 09
610 6 10 609 6 09
807 607 806 606
807 8 07 606 606
Tknra., Mch. 13.
Open Biok Low.
i.
d.
d.
Otot.
d.
604 6 02 804
602 8 04 602 804
804 6 05 604 6 05
606 6 08 806 808
eoe 8 10 803 610
8 09 6 10 609 8 10
809 8 10 609 610
606 8 0- 606 6 07
6 06 607 606 607
8 02
Pri..
Extts,N». 2
Extra,No. 1
Clears
Biralghts
Patent, spring
3
Open High Low.
d.
d.
d.
0.
610
610
Spring No. 2
Bed winter No. 2
Bed winter
Ctoi
1
602
6 03
e'^n
602
6 03
6 02
604 603
6 02
8 03
806
608
609
609
606
606
8 07
8 08
608
807
809
610
607
8 07
6 08
• 08
605
6 06
below
3 75
Com meal-
2
2
409 2 50
55* ....
ORAIN.
Wheat—
Bprlng, per bush...
8 02
6 J4
8 05
6 07
6 08
6 08
6 05
6 06
25®
4 00a 4 50
Western, &o ........
4 50 is 5 00
Brandywlne
Buckwheat Flour per 100 lbs. $1 30 9$1 40.
8 12
Mch. 14.
sell slightly
FLOUB.
$1 75a$2 10 Patent, winter
94 403$! 79
2 10« 2 40 Cltystilpplnx. etira»i. 4 303 4 3a
2 509 2 75 Kye Hour, superflne.. 2 75» 2 90
3 OOI* 3 50
Klne
2 609 2 70
8U
612
27
(Corresponding grades in sacks
..
White
Wednea., IUch.l2.
..
27
these figures):
Fine
Cloa.
2S
27
Com— West'n mixed.
West'n mixed N0.2.
Western yellow
Western white
Buckwheat
0.
82
88
«
74
»
a 91
» 37%
9 37%
» 39
® 39
® 37
•»
87%»
86
31
36
37
35
35
97
90
89
92
Bye—
Western.. V bo.
State and Jersey
Cats-Mixed
White
No. 2 mixed
No. 2 white
Barley—
2-rowed State
4-rowed State
Canada
e.
..
53
53
27
e.
•
«
«
57
58
30
a
»
53
62
28%» ;-3%
28%» 29%
29%» 30%
44 » 47
50
50
—
AaBICULTUBAL DKPAETMENTS' REPORT FOE MARCH. The
the Department of Agriculture for March,
issued on the 10th inst., relates to the distribution of wheat
and corn as follows:
statistical report of
It makes the proponion of the corn crop In the hands ot growers
45-9 per ceut, or 970,000,000 bttsheU, and of the wheat crop 31 per
cent, or 156,000,000 bushels. The stock of corn on hand Is the largest
ever reported In March of the largest crop .alter the lulMest winter.
The averaKC of eight annual returns Is 677,OL)O,0OO I)uah»l8; that of
last year 787.000,000 bushels. The estimated consumption to March 1
is 1,143,000,OUO bushels, a figure exceeded only last year aud lu 1S86.
The proportion ol meroliautiible corn of the crop of 188 is 8.t'7 oer
cent, exceeded In recent years only by those of 1884 and 1886. The
average value of all coru on the Ist of December was '28-3 cents per
bushel. The averaae on the Ist March was 279 oeuts for merchantable and 19*2 cents for unmerchantable, making an aggregate of value
$35,000,000 less than the December estimate.
The wheat crop of 1889 was exceeded by the crops ef 1880, 1882
and 1884. The average remainder in the han>ls of growers on the Ist
of March for ten years p;u<t has been 130,000,000 bushels. The average
crop during this period 450,00i).000 bushels. Only In years having a
product much below this average has the Murch rem.'iinder fallen
below 130,u00.0<i0 bushels, with the sole exception of 1886. when a
cr..p of 457,000,000 bushels followed cue ot 357,000,000 bushels. The
present returns are very full aud satisfactory, the Stiite agents' estimates agreeing closely with those of the Dopartment consolidation.
Where discreiiancies existed they have been harmonized in a conservative spirit, tending to reduction of reserves. The result may be accepted
with absolute conlldeuoe as an approximation as close as can be made
by local estimates. Most of the wneat lu farmers' hands is In States
which have no surplus over consumption, or lu those in which much
the larger portion is consumed at home.
The SIX sprlug-wheat States have only 45,000,000 bushels, 18,000,000
Of which wiU be required for spring seed, and the remainder is scarcely
more than four mouths' consumption of their population. Ohio, Michigan, Indiana, Illinois, Ml^siiuri and Kansas, the ouly winter-wheat
States east of the Rooky Mountains contributing to commercial distribution, have only 60,000.000 bushel?, half «.f which will bo needed at
home, and a part of the remainder is commercially unavailable at
present prices. It is seen, therefore, that tue available supply for
exportation and for home distribution to July is small. The depleted
farm reserves nave been measurably tilled, exc«pt In a few States, but
It will reiiulre the prcseuce of high prices to squeeze any cooaiderable
proportlou of them iato commercial illstrlbutlon.
The average weight of wheat by States wiU be given In the printed
1
BREADSTUFF S.
Fbidat. p. M., March 14, 1890.
The markets
for flour
and meal were quite depressed early
week. Even at the lower figures quoted in our last,
found it difficult to make sales, except in a jobbing
way, aud in the prices made there was a good deal of irreguin the
sellers
larity.
It was not until the close of Thursday's business that
some renewal of tone and strength could be discerned. Today there was some disposition to advance prices, to which,
however, buyers responded very slowly.
The wheat market has fluctuated more widely than usual,
having encountered fresh influences of a more decided character.
On Monday night and early on Tuesday there were
sharp declines, owing to a report from the Department of
Apiculture estimating the quantity of wheat still in the
hands of growers much greater than had been generally supposed.
In the course of yesterday and to-day there were
smart advances on free buying for exjwrt at better prices,
and the close is about one cent a bushel over last Friday,
The business for export yesterday was 144,000 bush. No. 2 report.
red Winter, mainly for Lisbon, at about 88J^c.@89c., delivThe movement of breadstuSs to market is indicated in the
ered, and to-day 152,000 bush, of the same grade for April de- statement below, prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at Westlivery at about 89}ic., f. o. b.
It is evident that this export
em lake and river ports, arranged so as to present the comdemand is necessary to the support of values, for it is very parative movement for the week ending March 8, 1890, and
freely met,
sinoe August 1, 1889, for each of the last three years;
THE CHRONICLE.
400
StctipU atr-
WIUM.
Jlour.
BMn.lfWIx Bu«h.eo Ibt
1
OUeaito
Milwaukee.
Dnlath
Hmneapolls.
Toledo
75.694
55.418
20,S12
.
Detroit..
.
3.370
..
6,092
.
Glereland.
2,617
Bt.IiODla
S7.T87
Peorta
8,550
S9 93S
JS.esiS
1 15.374
703.380
20.178
33,971
27.000
147.635
21,500
vom.
UaU.
Barlty-
ttl/t
BlutLSilbt Bwth.tH 16. Bu, 59 liM
24.833
1,559.468
830,499
199.740
26,040
8.12(1
43.0W
119.000
98,370
115,254
603.043
68,000
19,100
1,778.851)
313,2 jO
2,347
18,083
43.850
228,050
122,000
3,870
34,033
7,510
50,700
22.200
70i>
3,020
15,400
8,200
[Vol. L,
agents on account of back orders and prices remain firm.
Wool and worsted dress goods, doeskin jeans, satinets, flannels, blankets and carpets were in light demand at first hands
and fairly active, for the time of year, in jobbing circles.
DOMESTio Cotton Goods. The exports of cotton goods
from this port for the week ending March 11 were 1,886
packages, valued at |100,705, their destination being to the
points specified in the table below:
—
1890.
New York
to
Maboh
1889.
11.
Week. Since Jan.
Tot.wk.'90.
193,868
183.120
188.043
Same wk.'89.
Same wli.'SH.
Since Aug. 1.
1889-90....
1888-89....
1887-88....
1,2,39,218
4.443,149
1,119,017
1,243,938
1,784,884
1.549,084
1,038,290
1,323,844
B, 249.048
93,128,658 107,338,387
72,423,573 79,298.983
7.681.513
81.6-37.142
7,843,608
5rt.670.335
828,547
58,347,238
65,000.774
48,480,700
438,853
480,354
381,288
20,403,230
21,941,518
19,815,422
31,207
31,223
4,502,240
4,108,822
1,635,252
48
106
106
Great Britain
China
Wheal.
Com.
Flour.
Bwh.
Bltnh.
Bblt.
Oat*.
Bye.
Arabia
711
276
20
92
523
4
Airioa
West Indies
Mexico
Central America.-,
SouthAmerlca
Pea:
'
New York
Boston. .
Portland.
Montreal.
Su»h.
454,897
240.748 1,00«,011
70.421
50,759
53,798
4,028
38',59i
422,987
717,637
787,415
23'443
54,614
2,275
-..
............
165,611
493,488
45,0331,642,734
95,581
2,528
45,000
6a,841
Plilladel
Baltlm're
N. Orl'ns.
10,654
16,519
16,984
27,4.'S3
"""
N.News..
Rlohm'd
*ot.week.
B'me time
1889...
The
10,024
44,157
8,852
supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
transit by water, March 8, 1890:
ports, and in
visible
Wheat,
In store at—
Albany
,
Buffalo
Chicago
Do
afloat
Milwaukee
Do
Do
afloat.
Toledo
Detroit
Oswego
Louis
Do
afloat
Olnoinnati
Boston.
Toronto
Montreal
PhUadelpWa
Peoria..
Indianaiiolie
Baltimore.
Minneapolis
St.
Paul
On Mississippi.
Tot.
Tot,
Tot.
Tot.
Tot.
Oat*,
afloat
Dnluth
Bt,
Com,
buMK.
b7i9h.
3,624,741 1,069,338
10,100
107,900
87.500
66,850
1,578,400
45,378
6,795
4,426,953 3,880,112 1,453,706
954,114
390,071 179,061
918,351
1,510
3,470
bngh.
3,301,.578
Hew York
Do afloat....
.
4,753,543
395,318
73,000
819,366
385,222
586,616
61,076
65,000
10,000
l,6a6,116 *2,235,380
74,700
13.000
26,000
76,103
352,389
196,029
'22,219
179.392
202,035 1,774,405
15.210
393,469
93,379
7,500
549.305
476,779
7,401,202
282,860
295,000
4,065
Mar. 8.'90. 28,314,594 14,517,694
Mar. 1,'»0. 2»,998,383 14,442,363
Mar. 9,'89. 31,780.157 16.911,625
Mar. 10,'8S. 36,662,387 9,202.103
Mar. 12,'87. 54,267,280 15,523,523
£ye,
l>u$h.
165,618
111,100
38,500
22,498
689,964
164,950
80,190
100,846
497
81
396
150
250
11,185
1,489
1,254
1,365
3,543
"i93
2,464
390
89
823
1,097
6.101
125
1,009
1,050
7,941
806
63
711
1,886
23,696
3,178
2,457
32,221
16,079
1,886
Total
China, via Vancouver. . . , .
26,874
2.457
48,300
Bu*K
II"!!
349,589 3,057,230
Buih.
96 i
340
5,505
1,276
1,782
1,205
4.232
India
Other countries..............
fronts
Week. Since Jan. 1.
72,193
The exports from tbe several aeaboard ports for the week
ending Mirch 8, 1890, are shown in the annexed statement
MzporU
1.
Barley
biuh
154,104
75,000
52,000
173,765
300,834
258,030
Total
*
From New England mill
The value of the New York exports since January 1 have
been $1,360,354 in 1890, against $1,849,013 in 1889.
The demand for staple cotton goods at first hands was
chiefly of a hand-to-mouth character, and a fair business was
done in jobbing circles, but the market as a whole displayed
less animation than at the correspondiug time in previous
years. Brown aod bleached cottons were in fair request by
jobbers and the manufacturing trade and prices ruled steady,
but colored cottons, as denims, cheviots, &o., are unsettled
and in buyers' favor. Prints ruled quiet, and shirting styles
were occasionally marketed at very low figures. Ginghams
and other "wash" fabrics, quilts, table damask and white
goods continued fairly active and firm. Print cloths ruled
quiet, and closed easy at 3 7-16o., less 1 per cent for 64x64s,
and
3c. for 56x60s.
1890.
2,824
33,063
25,394
60,267
14,458
1,497
225,861
18,130
20.630
5,000
98.540
2,658
142,087
103,429
134,703
180,376
82,955
74,721
14,000
34,680
8,352
39,833
73.6ob
21,396
162,993
87,224
64,643
13,679
230,001
8.50
18,376
1888.
(est)
Total stock (pieces)
Mar.
None.
None.
4,000
379.000
Held by Providence manuTers
Fall River manufacturers
Providence speculators
16,000
12,000
9.
Mar. 10.
3,000
13,000
None.
7,000
1,000
—
Foreign Dry Goods. There was only a moderate call for
imported goods at first hands though some liberal orders for
fall dress fabrics were plactd with representatives of British
and Continental firms — for later delivery. In some departments the jobbing trade was fairly active, and prices remain
steady on all staple fabrics.
Importations of Dry Goods.
The importations of dry goods at this port for the week
ending March 13, 1890, and since Jan. 1, and the same facta
for the corresponding periods of last year are as follows
"7;905
4,868,390 1,588.485 1,658,-542
5,080,339 1,613,204 1,708,735
7,741.338 1,641,019 1,712,138
4,4ii6,317
378,299 2.235,323
4,346,310 399,044 1,725,955
1889,
Mar. 8.
318,000
51,000
None.
10,000
Stock of Print Olotht—
Outalde speculators
935,174
i^oints direct.
Ehc] ODORS'
E
S,
:
gH
s:
e
g:
g;
"Exclusive of 059,000 bushels of corn taken out of stocks, not yet
deliyered.
THE DRY GOODS TRADE.
Nbw York, Friday P. M., March 14, 1890
Business in the wholesale branches of the dry goods trade
was hardly up to expectations during the week under review.
There was a very considerable force of retailers in the market, but the jobbing trade dragged somewhat, Southern and
Southwestern buyers alone having stocked up as freely as in
lormer seasons. At first hands the general demand was unsatisfactory, but there was a good steady movement in some
descriptions of Spring and Summer goods, as well as in staple
fabrics on account of back orders. The re-order demand from
Western markets was disappointing because of the wretched
condition of the roads in several States, which has proved a
serious barrier to business. The event of the week was the
suspension of the well-known Broadway jobbing house of
Harbison & L- der, with estimated liabilities of about |400,000,
The concern has been somewhat backward in its payments
for some time past, owing to the stringency of the money
market and slow collections, but most of the creditors were
indulgent, and the firm only made an assignment when suits
Kerseys continued in fair request, but rough-raced
overcoatings remain quiet. For cloakings and stockinets the
demand was
less active, owing to strikes among the operatives
in manufacturing cirqles, but a fair distribution was made by
tOMtOtC^I
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woolens on account of back orders, and prices of most descriptions ruled steady. The demand for heavy cassimeres
and worsted suitings was chiefly for low aud medium grades,
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