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HUNT'S MERCHANTS' MAGAZINE,
AND COMMERCIAL INTERESTS OP THE UNITED STATES.
RiSPRKSKNriNQ THE INDUSTRLA-L
VOL.
SATURDAY, MARCH
48.
16,
NO. 1,23a
1889.
TTMk tSnMnt MaTc\
3Jhe ^hxonicU,
P.Otnt.
1888.
Terms of Sabseription—Payable In Adrance
For One Year (includlDK postage)
ForBlx Months
do.
$10 20
Knroppiin Suhscrlptlon (Including poBta?e)
Enroposu Subscription Si.t Montln (iucluiling postage). ..
Annual subscription Id Lonilou (inoludin:; postage)......
8lx Mos.
do
do
do
6 10
11 28
6 64
£2 78.
418b.
Tbese prices Inolade tbe Investors' Sopplbhent, of 150 pages
Issued onoe In two months, and furnished without extra charge to
absorlbcr? of the Ciirosiclk.
Buhsonptions will be continued until definitely ordered stopped. The
pabUshera cannot be responsible for remittances unless made by drafts
or Post Ollice money orders.
die cover Is famished at 50 oents; postage on the same is 18
flenta. Yoiumes bound for subscribers at SI 00.
A
NowTork
670,180,657
Sola of—
(Stocla
(Cotton
ikarM.;
bnta.
(Oratn
Inulula.
(Petrobum
bbti..
Boston
ProTldenoe.
Hartford
.
New Haven..
jDrtnfffleld...
Worcester...,
Portland
Lowell..
Total
New
Bngland.,
Philadelphia..
of AdTertisingr.
Pittsburg
Adrertlsements ordered for less than one month, In the Commercial Baltimore
& Financial Chuonici.k, are piibllslied at 25 cents per line each Inser- ToUl Middle..
tion. When orders are dertiiltely given for one month or longer, a liberal discount is allowed, and the net prieei may be obtained on applica- Ohloago
tion at the ollice. The lowest rates on permanent cards dellaitnlv or- Cinclnaatl
dered for one year are 8 cents per line each Insertion, making $58 for Milwaukee....
one Inch space one year. Space is measured In agate type— 14 lines to Detroit
Terms
the incb.
Landon Asents
Euwahdb A
Messrs
nbscrlptiiins
at Is. each.
WILUAM
tOBM
a.
Smith,
1
Drapers' Gardens, E.
C, who
and advertisements and supply single copies
B. DAHA.
FLOTD.
(nriLLIAn
B.
DANA
dc
Post Office
t
Qrand Rapids..
Total Middle Western
103 William Street,
<
will take
of the paper
Cleveland
(Columbus
[ndlanapoUs...
Peoria
Co., Pnblisbers,
NEW
YOKK.
box
958.
Ban Francisco...
KansaaCMtr
Minneapolis....
St.
CLEARING HOUSE RETURNS.
Our
Paul
Omaha
Denver
Uulutb
from the various clearing houses in the country St. Joseph
Los Angeles....
continue of a favorable character and seem to prove conclu- Wichita
fooeka.
sively that the volume of mercantile business is almost every- Sioux City*
Tacoma*
where much greater than it was a year ago, although in some
Total Other Western.
branches of trade the margin of profit has been less sasisfacit. Lonls
tory.
At New York, compared with the preceding week, the Mew Orleans
exchanges for the week ending March 9 exhibit a gain of a Lonisvllle
Memphis...*
Itlohmood
little more than twenty-nine millions, notwithstanding that
Salves ton
reiwrta
,
the actual value of stock transactions
of
was
slightly less; outside
New York
ions.
cline
On
from
there is a falling off of about five-and-a-half millthe Boston Stock Exchange operations show a delast
week
as well as
from the corrasponding week a
year ago.
Total Sonthem...
all
EnOTi Mar.t.
P.OmA.
1880
890,863,467
+13-4
»tOM(>,S3T
11.410.605)
(-18-2)
(-75-31
(+27-5)
(1.1 ;« .881)
(1.303,':00)
126.181,750
(37,744,0001
(-«ri)
75,»7«,807
4,965,t00
-HS-5
-10-4
98,674,464
1.760.659;
-t-173
1.8;0,114
1,II0,0|H
1.084,793
1,003,684
1,110,803
1,077,101
-0-2
924,><44
969.661
640.463
-f3-5
-1-72
-^0•8
93,858,020
86,815,840
66,446.094
11,841,590
11,718,224
53,580,723
10,708,296
10,864,911
40 2
+l«-»
(321,300)
(i4,r,i.3ao>
(10.028,0001
87.02^.083
4,48S.Z00
2,064,172
), 108,778
1.07P,707
930,832
1,039.468
613,791
-fia-«
4,6:18,600
4.1??„
667,464
-»7
4*»'
-H3-8
t04.'D9.688
4-is-at
-f£4'0
-t-100
-t-tai
67,207,603
12,963.386
12,606,001
+24-R,
4-Wl.
ti0!,61H
90,006,808
74,71^,»30
-l-20'6
92.886.800
66,238.249
11,898.800
6,127,866
4.263.184
8.823.865
2,428,800
1,839,288
1,470.210
588,723
S3.6gi.«67
4284
61388.632
0.230,:(>0
4,01'),9^1
4-sss
+87-7
11,3M,<I0U
S318.181
«a87,87W
+i»r
+ia-«
+ir«
3,736.810
-i-141
2,701.:t4.l
4-28-0
4-10-2
4-2 8
3,306.409
a.27P,8S«
1,500.1411
-1-7
—18 2
1,661.180
+!»».
67aaso
606,259
+8S'a-
86,679,486
79,431,704
4-21-7
91.9a«,687
15,997,660
8,788,004
4,106.783
4jta\j»ta
8,962.084
4.090,440
1,933,624
1,681,611
866,000
780,121
419,237
519,434
866,316
14,878.712
7JJ77.03S
3.239.782
3,517,091
2,820,869
8,701,140
1,058.480
1.286.783
1,833.000
4-7-5
18,400.181
8.444,706
46,780.116
38.166,412
+10-4
46,440,888
+ia-a
19,198,585
10,907,709
7,640,76a
2,801.343
2,383.099
17,426,782
13.» 16.217
+10-2
4Ss
1,362,83'!
732.873
898,782
+27-4
+81-0
+0-8
1.997,013
1,50«,H19
910,486
43.430,014
~4*5
46.678.460
006,939
Morfolk
Total
(1.15»,839>
(381.700)
(32,100,400)
(12.430,000)
Wuk
9.
46.300.184
t.u»5,708
1,788.777
+30-4
427-2
423-0
4-41-2;
+83-4,
+3B-0i
-85«
-10 e:
804.942
+48-4
2-i2,571
+»»
8364 .99l<
8360.408
8.540349
+tf-S^-
8,688,400
1,814,168
l.490.78l<
^5ri
736,454
a3»,«8l
871.171
+18*
841,731
-155
18,800,280
18.435,158
6,121.861
+24'H
7.2-''3a04
2.4&3.M8
1370,000
+142
2,778394
+I(r8:
+64->
+15-»
+14-6 1,(W3,474J824
913,431.457
1.047.805,250
1333,600
:
Oatnlde New Tork.
877.034.803l 828,867.930
* Mot lucluded )n totals.
+16 9
~+iF*
882.683,987
The returns of exchanges for the five days have been received
comparison with Ibe similar week of 1888 there
by telegraph this evening and are given below. Contrasted
seen to be an increase at New York of 13-4 per cent, and that
with the five days of 1888. the total (or the seven cities records
elsewhere the gain aggregates 16'9 per cent, making the excess an increase of 73-9 per cent, but this enormous gain is mainly
account of that
in the whole country 14-6 per cent.
All sections share in this due to the small figures recorded last year on
Our estimate for th»
augmentation of clearings, but the best showing is in New interruption to business by the blizzard.
full week ended March 16 indicates an excess over a year agoi
Eingland and at the West. The losses recorded from last year of about 53-3 per cent. Messrs. R. G. Dun & Co. report thaare few and of little importance except at Los Angeles, where number of failures for the week ended to-night aa 8(n.
Instituting
Ls
the decline continues to be heavy.
Dnluth leads the
cities
As
for
some time
834 per
exhibiting gains with
past,
cent,
and is followed by Galve-ston, 81; Denver, 51-4; Topeka. 484,
and Omaha 41-3 per cent. Contrasted with earlier years back
to and including 1884, the current aggregate thows substantial
addition.s.
ir««k
Bstunu
1888.
1880.
tjftw
Tork
Salu of
Boston
Mndim :itarch
16.
wtik aN<r«
JTor. (k.
i»e
p.ckan
hn TW««rapk.
.Stock (aliam)...
P.Om'.
+04-8
687.060,178
(327,448) I+878-4)
I0U338*
72,316392
g
a
38<<,280383
a
62.402,300
83.»»l,784
As regards stock speculation the dealings on the New York Philadelphia
'a
7.806383
V
Stock Exchange cover 1,153,939 shares for the week of this Baltlmor*
2
46.664.000
year, agaiiLst 1,410,605 shares for the similar period of 1888.
1437«.BB0
St. Louis
The market value of these sales has been respectively $64,282,- New Orleans.
8488,036
V
T7C.588.fl07
447,705, Wl
000 and $69,652,000, and after deducting two-and-a-half times
Total, edajs.
148.83.1,334
160.213.016
Bstlmated I day
these values from the New York totals, the exchanges arising
^^301.608 0k«.0a».)18
ToUl tail week
through other business are seen to be $509,475,657 in 1889,
01.004.081
116,109.427
BaUnoe Ooanur*against $416,933,407 in 1888, or an increase this year of 82-2 per
1.094.01l.''8O S8H.034 OltTMal WMk. all
cent.
* mr tna luu wsac oased oa Ian weax's rataraa.
S
433-0
+64-8
+3»-5
+14-0
+»1
3W84.373
0348,043
t83«7,0«
I-Wfc
+14-4
+t»»
+»
+w»
+1»5
+340
18444.047
+*»
7.715.830
-a 0-0
+739
480
736.777^
+11-T
177,018.276
+»•»
+BT8
911,705.084
Il5,4gl3l'<
+ 18-1
+28-J
-63-H i,047.|m>,7M'
+u-a
^14-a
.
1
THE CHUONICLH
342
since been denied.
Considerable uneasiness is felt with
regard to the future of the Cop2Jer Syndicate and
THE FINANCIAL SITUATION.
The money market has undergone no
Vol. 3CLV1II.
material change
In call loans there has been an entire
the past week.
and the fluctuations have conmanipulation,
absence of
sequently been kept within narrower limits; yet the
week's average is unaltered. The main feature has been
their backers.
Some fear that the liquidation of
the Comptoir d'Escompte will be compulsory.
The
embarrassments of the Societe des Metaux which were
temporarily relieved through the purchase by the
Mathiesons of London of a large amount of copper,
also continue to be a source of anxiotj-, H being claimed
that a good part of the purchase wh« immediately marketed in Germany, thereby supplying the future inquiry
from that quarter, and taking away the support that
inquiry was expected to give to the copper market.
The
a continued good inquiry for time money, though the
most urgent demand is for short time. Had the Stock
Exchange been more active and the inquiry from that
source been larger, rates would no doubt have ruled
The surplus reserve of the banks is now very
higher.
moderate, the greater part being held by three or four Bank of England reports a gain in bullion this week of
of the largest institutions, while the loans and discounts £153,000; this net gain came, however (as reported by
have never been equaled in amount in the history of private cable to us), almost wholly from receipts from
the banks.
Besides, the mercantile
demand
is
suffi-
— that
the interior
is
to say, the foreign
movements of gold
—
keep the majority fully occupied in about equalized one another the exports, which were
accommodating their customers, so that supplies for principally to the Cape, having been £508,000, and the
Stock Exchange purposes are confined to the brokers' imports partially from Egypt having been £517,000,
banks and the trust companies. Less urgency has marked while the receipts from the interior of (Jreat Britain
There is no indication of any disturbthe demand this week for currency from the interior, were £144,000.
but the Treasury accumulations of surplus have trenched ance in the rate for money in Paris growing out of the
on the banks' currency holdings, so that altogether copper complications; the Bourse, however, has been
to-day's report, made up on averages, ought to disclose more or less excited all the week.
The 023en market
a further loss of reserve. Our compilation, given at the rate at Paris is 2^ per cent; at Berlin and Frankfort it
end of this article, made up from returns gathered by is 2 per cent.
us, shows the actual loss in currency to have been about
Our foreign exchange market has been dull, but firm,
This is due to a demand for sight bills
all tlie week.
2^ million dollars.
As represented by bankers' balances, the extremes for and cable transfers to remit, growing out of the situcall loans have been 3 and 2 per cent, with the average ation and facts above referred to.
There has been no
a little in excess of 2i per cent, renewals being change in the nominal rates, but those for actual busimade at that figure. The banks and trust companies ness have moved up, though not as yet to a point which
have loaned nothing on call below 3 per cent as a min- permits the export of gold as an exchange operation.
imum. As already stated, time loans have been in re- There was, however, $500,000 withdrawn on Thursday
quest, the inquiry for the shorter time being most ur- for export to-day, and $750,000 more were taken yestergent.
This latter fact is probably due to some ajipre- day so that the total export for the week has reached
hension prevailing of an active market towards the turn $1,250,000.
How far this movement will extend there
of the month, that is about the first of April, thougli is no better guide to a safe judgment now than there
the expectation is that soon after that date rates will be has been a long time back.
Many bankers have anticieasier again.
On first-class collateral the quotations pated shipments for some weeks. Of course, should a
now are 3 per cent for 30 days, 4 per cent for CO days, real war scare set in, or should the copper complications
per cent for 90 days to four months, and 5 per become more embarrassing, the withdrawals might be
cent for six months, with the same rate bid for eiglit heavy.
Our large imports at a period when our exports
months.
The rates for mercantile paper are quoted are comparatively small would seem to favor that conhigher this week. The supply is good, but the demand clusion.
At the same time, tight money in New York,
is lessened.
This is due to a withdrawal of nearly all if it should occur, would be likely to arrest or greatly
our banks from that market, their reserves having de- moderate the movement. Mr. Switzler, of the Bureau
clined and the discounts offering by their mercantile of Statistics, made public on Thursday the shipments
•customers keeping them well supplied with as much of breadstufFs, provisions, cotton, etc., for February,
commercial paper as they care to take. Tlie quotations and we give his figures below arranged in our usual form.
ciently great
to
;
^
are
now 4i@4| per cent for 60 to 90 days endorsed bills
4J@5i for four months acceptances, and 5^®
EXPORTS OF BREADSTUFFS, PROVISIONS, COTTON AND PBTROLEUX.
receivable,
6i for good single names
months
having from four to
six
1887-88.
Bxpartt
from V.
S.
fthruaru.
8 Montlu.
February,
1886-87.
8 Months.
Febnuiry. 8 Itonthi.
to run.
Qwintttif-9.
The
and uncertainties connected with the
partial collapse of the corner in copper have been prolonged through the week, and have had some influence
on the London money market.
Toward the close the
troubles
attitude of Austria with regard to Servia (remarked
«pon by us in another column) is reported to be the
cause of additional solicitude.
The cable yesterday
quoted discounts of sixty-day to three months bank
bills in London at
2J per cent. It appears that the
relief extended last week to the Comptoir
d'Escompte by
the Bank of France was only temporary and it is
now
Bank of
reported that at least four of the directors of the
France disapproved of the loan made to the above
institution
in fact a cable dispatch stated that
these
directors had resigned on that account, but
that has
;
Wheat.bnsb.
1.595.629
3S.705.970
4,83S,320
52,793,197
6,892.453
Flour... bbls.
686,778
6.227,486
996,340
8,273,757
980.381
Wliest..bii.
4,588,130
01,729,667
9,321,850
90,02i),103
Com...bo8b.
7,570,SS4
S8,70e,983
8,254,582
16,448,700
Tot,busb..
18,156,614 100,438,550
t
Valaet.
10,304,187, 99,:51,487
8,945,095
£5,183,788
14,249,22 124,938,876
(
flour
4,735,796
60,974,08'
t
8,716.941
»
83.152,264
f
9,798,S64
Corn&meal.
Rye
3,476,954
19.917.003
1,389,672
9,105,382
1,060.483
12,S64,1»8
24,258
109,775
13,960
94,517
64,037
516,813
780,719
Wli't
ft
I
11,576,432 100,473,803
65,534,678
7,604,408
735'
68,619
362,015
12,0S'
Oats & mealBarley
49,915:
31,365!
796.811
45,711
172,697
Br'dstttffs..
S.iWS.ieS
82.108.48D
10,1G0,8S9
92,71 4, 3 J4
8.015.843
65.255.707
6,797,993
60,391,126
1.881,460 104.670,458
7,3;3.77r 61.165,078
18,424,384 175,018,3a'!
18.742,701 168,387 ,8M
PrOTtsiona
Cotton
.
21.800,217 179,763.«36
Petrol*m,&o.
Tot. Talue.
The
—
8,E0S),47!l
33.442,949
41,658,834 360,570,75:
10.528
3,663,388
31.454,1-29
89JH8,65059^BC7.«61
14,136
]
2,400, l(-2
30.476,068
40.398.109 364.6S0.S34
very large corn exports again, will attract atten-
tion over 7i million bushels, against about 2^ million
Provisions and cotton are also considerably
last year.
March
THE CHRONICLE
IK 9.)
16,
wheat shipments are materiallj'
in excess of 1888, but the
less, 80 tliat total
values for February, notwithstanding
itself is
348
concerned,
it appears that the company
earned
charges during the year, with a surplus of $430,796
for dividends
that is, a trifle short of one per cent on
all
—
the largo increase in cotton, corn, etc., are but $41,C58,334, against ^39,048,654; yet that is a very fair increase. the *43,974,850 of stock.
Thus the result is a little
The St. Paul directors this week removed all uncer- less favorable than for the Atchison proper for the same
tainty as to the next dividend on the preferred stock of year, the surplus in that case being about #1,200,000 on
At the same 75
the company, by declaring two per cent.
millions of stock, or equal to
1J
per cent.
time a resolution was passed reciting that whereas the
In another respect the contrast with the Atchison is also
closing of the fiscal year of the company had been interesting.
The Atchison system remains intact and
changed by act of tlie Wisconsin legislature from the object, very wisely, is to keep it intact, so the auxil-
December 31 to June 30, that hereafter the reports iary roads are treated as forming a permanent part of
This action it. But these auxiliary roads having been operated at
should be made to cover the latter period.
As the fiscal year of a loss, the result on the system as a whole was a considhas occasioned much criticism
the Wisconsin Railroad Commission has long ended June erable deficit. If the Missouri Pacific accounts were
30, some found it difficult to understand what was meant prepared in a similar way, the result in that case would
by the
to
legislative
clear
up the
Paul's fiscal
year
has for
Mr.
Bond
We
much the same. To be sure, the Iron Mountain
shows a surplus above charges of about 1238,000, but
some time been in con- some of the minor lines whose accounts are separately
referred
action
to.
are
The change
uncertainty.
able
of
be
St.
year
actually prepared reported show small losses.
Then as to the excluded
But on showing it roads, the Kansas & Texas, if we had its figures, would
to the counsel of the company he was referred to a pro- indicate a deficiency above full interest and rental charges
vision in the company's charter which required " a full of not less it would seem than 1^ @ If million dollars,
" and specific statement of all the business and doings of while the deficiency on the International & Gt. Northern
"the corporation to the 1st of January." Therefore would reach about $500,000. Then there is the Central
the change could not be made without legislative Branch Union Pacific, which the Missouri Pacific
sanction, and this legislative sanction was obtained by operates, simply paying over the net earnings. A statethe passage of a special enabling act approved February ment of the receipts of this road is contained in the
28 of, the present year. After 1889 the annual election present Missouri Pacific report.
With that as a
will occur in September instead of June, and the Board guide we should judge the deficit on that road would also
of Directors elected in June of the present year will amount to several hundred thousand dollars.
All this
hold office till September 1890.
however merely shows what an extremely bad year 1888
There are of course strong reasons for the cliange. was. It is satisfactory to know that for the current
Under the old system the company was obliged to make year to date the results have been very much better, the
a report covering its own fiscal year ending December Missouri Pacific reporting for January and February a
31 and also reports to the various Western State Com- gain of $365,000 gross and $246,000 net, these figures
missions for the year ending June 30, with a very being taken from a paragraph in the report and apparelaborate
report
for
the
same period to the ently including the operations of the Iron Mountain.
Inter-State Commerce Commission.
Tlie preparation
New York Central issued a preliminary statement
of these reports involves a great deal of labor, trouble yesterday afternoon of its earnings and expenses for the
and expense, and to reduce this to a minimum it was current quarter, the results for March of course being
necessary that the fiscal year of the company be altered partly estimated.
The statement is interesting as showThe action was desirable ing that the expectations of improvement over the corto conform to the others.
from another standpoint. The dividends are payable responding quarter last year, have been realized. Gross
in April and October, and there has always been more earnings exhibit a slight falling off, but expenses having
templation.
a
resolution
that
to
last
effect.
or less discussion as to whether the April dividend been reduced, the net stands at $2,531,000 in 1889,
should be charged to the earnings of the year when against $2,350,768 in 1888.
The first quarter of the
paid or to the earnings of the previous year.
By mak- calendar year is always a lean period, comparatively,
ing the present dividend payable " from the earnings of (embracing as it does the operations of the winter
"the
fiscal
year ending
June
1889"
30,
(so the resolu-
tion reads), this difficulty will be avoided in the future.
The
of the
first
thought that suggests
Missouri
Pacific
report,
itself after
issued
this
a perusal
week,
is
months), and
last
year the conditions were more than
ordinarily unfavorable.
The
deficiency below the div-
idend then was $498,374; this year
For the
six
months ending March
it is
31,
only $326,000.
(being the
first
was a year half of the Central's fiscal /ear), there is now a surplus
The operations of the Missouri Kansas & Texas, above the two per cent dividends paid of $16,000,
ago.
International
& Gt. Northern, and the Galveston against a similar surplus in 1887-8 of $202,197.
the
Houston & Henderson, find no place in it.
Of course,
The stock market this week has been more or less
The developments with regard
the reason is perfectly obvious
these roads have passed depressed all the time.
out of the control of the company and are now operated to the Copper Syndicate in France have caused much
that the system
is
not quite the same as
it
;
by receivers
with
it
—at
least,
the other.
equally obvioils;
it
the
first
two
The advantages
are,
and that
carries
of such a course are
enables the Mo. Pacific to
make a
better
anxiety
all
securities
over Europe, have led to selling of American
European account, and have finally
for
resulted in the shipment of gold
from the United States.
Mr. Walker accepted the Presidency of the Inter-State
as integral parts of the system.
The company's responsi- Railway Association, the contract with him being, it is
bility for the weak members being apparently very lim- believed, for a term of three years at $25,000 per
ited, it has no desire to assume their burdens.
So long annum, but the announcement had little or no effect on
There have been several reductions or
as the roads were prosperous there was an object in the market.
in flour and grain rates between St.
reductions
become
of
retaining control of them; now that they have
notices
unfortunate, it is convenient to be able to allow them Paul and Chicago, the Burlington & Northern being the
exhibit than would be possible
'" i'.ir: for themselves.
As
if
these roads were regarded
far as the Missouri Pacific
chief dist-.-i'ing element.
At the same time the situation
THE CHRONICLE.
344
as to anthracite coal
reductions in prices,
larger than usual.
regarded as weak, the spring
is
[Vol.
XLVIIL
THE PRESIDENTS' AGREEMENT AND THE
INTER-STATE COMMERCE LAW.
made this week, being somewhat
The Missouri Pacific report was
We stated in a general way last week the well-known
stocks were
rather favorably interpreted, and the Gould
fact
that the amendments just made to the Inter-State
telegraphic
quite firm till after the publication of a
law by Congress would greatly aid the RailCommerce
rather
uttered
dispatch quoting Mr. Gould as having
in their efforts to establish stable rates.
Presidents
road
This
outlook.
general
unfavorable views as to the
his stocks. As we had not received a copy of the amendments when
caused a general selling movement in
we wrote, we were not really aware how much more
Northern Pacific and the Oregon stocks were attacked
Of course
arbitration effective the old statute had thus been made.
on rumors of a hitch in carrying through the
eflftciency
that the
greater
of
interest
the
in
it
is
only
The action on the St. Paul
contract recently agreed to.
it
is
only
in that
and
designed,
were
provisions
new
of
in view
dividend has been variously interpreted, but
potential
as to
so
machinery
But
tend.
direction
they
this
of
price
the weakness of the general market the
the
against
all,
law
of
enforcement
the
for
adequate
far
as
be
As
sustained.
stock has on the whole been well
is just what was
escape,
to
one
guilty
no
permitting
current
concerned,
is
the general railroad situation
needed to ensure stability to the Inter-State Commerce
earnings are very satisfactory, and that constitutes a
Association. On a subsequent page (page 370) we have
stocks.
of
value
the
upon
bearing
favorable element
as passed by Congress in
The following statement gives the week's receipts published the amendments
the
foot notes we have added,
of
help
the
and shipments of currency and gold from and to the full. AVith
follow
us easily as we attempt
to
able
be
will
the reader
interior by the N ew York banks.
to indicate the new vigor which the changes now made
Wttk endina March
SMm«xl by
1»».
15.
N. T. Banla.
Jy«« Inltrity
have put into the
Mrnvmrni
Even the very
Loss. tl,770.0U(i
t2,"2o,000
»953,000
1
r. Bant-
JV.
Loss. H,7?0,000
$ii,725.0OO
(9->5,000
In addition to the above movement the banks have
the operations of the Sublost $500,000 through
item
to the above, we have the
Treasury. Adding this
following, wliich should
indicate
the
total
loss to the
affect the
It is always to be remembered, however, that,
the bank statement is a statement of averages for the
week, whereas the figures below should reflect the actual
change in the condition of the banks as between Friday
of last week and Friday of this week.
Mto Banks. Out 0/ Banks. Set OKano.
Ban*
BankB Interior Movement, as above
Total gold and
leizal
tenders
...
t955.00a
12,600,000
t2.7J5,nOij
Loss
13,100,00)
LniM.
»13,555.000
:n5.s25,oao
though apparently
same and which are
in force at the time
itself, and yet
amendments very
ered by
of
it is
nature because
they severally tend towards and contribute in enforcing
both deliberation and publicity in the matter of alterIt
work, more than
mischief with traffic agreements.
secret
'•
Loss. (2,270.0
cutting or varying rates.
ing,
.
»1,770.1>11C
Finn
upon
the starting point in the series
radical in their
•
Hnldlr
so
It is in
the route; whereas before, all he had to do was to print
and keep for public inspection, &c. That of course
does not amount to a very serious modification consid-
to-day.
15. 1889.
important.
the law requires the railroad official to "print and keep
" open to public inspection" the rates, fares and charges,
together with the rules or regulations which in an/ wise
New York Clearing House banks of currency and gold
for the week covered by the bank statement to be issued
Week ending March
alteration,
the sixth section of the
"
original statute and merely inserts the words "open to
As changed however,
in the place of the word "for."
trifling, is
Total sold and lexal tenders...
act.
first
all
is
things
the impulsive,
else,
Such
that plays
practices, these
J
amendments aim to stop.
amount
of
bullion
The
A little lower down in the same paragraph (amendin the principal European banks this week and at the ment to sec. 6) we have the next step in the developcorresponding date last year:
ment of the plan for this purpose. We refer to the
provision as to posting these schedules of rates and
following table indicates the
March
1*9.
-llarcii 14.
Banks
15, 18S8.
Ooiil.
«
£
eoii.
Total.
Silver.
£
aUver.
e
loUU.
»
ing
£
Ibwland
France
.Germany
Anst,-UunK*y
22,100.822
22,160,8 '2
23.323.014
23.328,014
40,314.047 48.785.81v
31,l4t,000ll5.5;4.000
89.099,359
44,.^79.8»6 47,661 901
9.2,241.-97
46,723.001
28,635.333
43,4(12,999
6,eiH.wlo|l5.657.(ii.
81,248,00(1
6.259.0
XJ
14.730.W.
20,989,
.Wettaerlands..
i.xm.one
7.\55.0i>
12,256.00(
4,171,000
8,295,0..
12,766,
MauBelKium.
8,773,000
1,386,001
4,159,0(>
8,889,000
l,444,0l>
J
4.487,666
4,333,
closed by providing that copies should be put in every
depot " in such places and in such form that they could
•!'
" be conveniently inspected."
.<
was so indefinite
week
107,l»-.8<t»88.4S7S12 195,615.181 110,462.243 86.598.567 197, 60,810
Tol.prev.Wk. l!iO,»4.'S,129 '8,545.841 105.400,970 109.939,87.1 >)S,431.819 199,371.692
•Tot. this
The law, as it has hitherto stood, after requirthem to be printed and kept for inspection,
rules.
0/
In that shape the statute
its spirit was only
that in practice
when a road desired, or had nothing to conceal.
Under the law as now amended and hereafter to be
followed
The Assay Office paid 1.393,806 through the Sub- in force, nothing can be hid. In the first place, as
Treasury for domestic bullion during the week, and the already stated, the printed schedules of rates are not
Assistant Treasurer received the following from the to be kept, "/or" inspection, but "open to" inspecCustom House.
In the second place, they are not only to be as
tion.
heretofore in such places in every depot as a convenient
Oontistint of—
Bate.
iTuHe*.
inspection may dictate, but they are "to be posted in
Oold
r.8.
Silver OetGold
" two public and conspicuous places in every depot,"
Note:
Oerlifie't.
tifir.ateM.
,
Uar.
"
"
8.
0.
11
•'
12.
"
13
« 14
Totel.
»3>*0,675 34
629 510 51
639,341 11
83^,047 25
373,327 "2
444,512 3:
*3,23 1,423
3(1
*257
215
600
767
$20
)0
19.0U0
26,500
29,200
$42,4'
$7
12,850
16,000
20,e5
14,850
17,150
t'8'J.400
640
12,150
83.800
110 550
117,200
52,600
39,400
*a,&S4
$131,200
$447.9,30
1,105
24.05:)
9iio
t
Included in the above payments were 13,195 in silver
and 13,556,088 in checks
•drawn against gold deposited in the Sub-Treasury.
coin, chiefly standard dollars,
One can get a better measure of the scope of these
as this analysis progresses further, so as to
changes
two
Yet even at this
include other features of the law.
point the purpose of the amendments to bring every
etc.
of the railroad official affecting rates into the
strongest possible light, is clearly obvious.
Next note the very important provision which we
referred to last week widening the effect of the schedule.
act
We
refer to the
new clause enacting
that
" reductions "
March
THE CHRONICLK
1«. 188*.]
made
in rates can only be
notice so given.
Now
add
three days' public
after
to this the further provision,
the original law contiiined and which
whi(!li
is
con"
The
845
specifications with reference to these indictablr
offenses are
made
a part of the tenth section and seem
framed for the purpose of catch-
to be very ingeniously
ing all persons who might in any conceivable way or
the law as amended, making it " unlawful
after the rates are so published for any road to charge "a under any imaginable contingency become a party to
Unlawful discriminations
greater or a loss" coin])ensation for the transportation of the prohibited transactions.
tinued
in
than stated in said schedule.
pskssengers or property
are first referred to, and the officers, directors, receivers,
included, the greater breadth
trustees, lessees, agents or persons in any way acting for
become apparent, the carrier are made liable if knowingly and willfully
and consequently tlie drift and usefulness of the new they violate the law in that particular to tlie fine of
publicity required for them are made more intel- five thousand dollars and to imprisonm3nt in the penligible.
It is well known that the agreement between itentiary for two years.
In the succeeding paragraphs
the Presidents is not in danger through the raising of the same fine and imprisonment are witli equal or even
rates.
The cuts, and most of all as already said those greater detail applied to carriers, officers, directors,
made and continued in secret, have proved to be the agents, &c., who, knowingly and willfully, either
plague and destruction of every former adjustment, and directly or indirectly take part in or encourage false
In
this OHO would have had to struggle with similar juggling. billing, false (classification, false weighing, &c., &c.
Hereafter, however, that kind of proceeding will be haz- a word no kind of device or deceit by which the pubardous, for no road can lawfully lessen any published lished rates can be varied, seems practicable hereafter
schedule rate, until a new schedule with the change or without bringing upon the participator the "danger of
changes is prepared and printed, and has been posted passing two years in the penitentiary. We notice furtherfoi three days in every depot on the road in two conspicu- more that the Inter-State Commerce Commissioners
under date of March 7, assert also that it is " now an
ous places.
'•
energy
Interthe
Furthermore, the temper and
indicttible offense for any carrier to participate in the
" reception of compensation above or below the establikely
exhibit
in
enforcing
are
to
state Commissioners
these new provisions can be fairly judged from the " lislied rate for the transportation of any joint traffic
According to the " whatever." We did not suppose that this amendnotices they have issued this week.
amended law, alterations in "joint rates, fares and ment would bear quite so broad a construction. Howcharges " could have been kept secret in case the Com- ever that may turn ont, it seems to be the intention of
With
:ind
these
features
—
significance of these schedules
missioners had not
ordered otherwise
— that
is
to say,
that point was left to the discretion of the Commission-
This week they have issued a notice that all
advances and reductions in " joint rates '' shall come
under substantially the same rule as other rates, and
ers.
that
" such schedules
"to the taking
shall be so posted
10 days prior
—
Commissioners to act on that view. Hence the
man connected wth a railroad
who wishes to be sure of keeping outside of the penitentiary is to be honest in the management of his road
and in all particulars live squarely up to the schedule.
\fe do not need to go any further in this examination.
Very few will again make the mistake of thinkthe
only safe method for any
any advance, and 3 days prior
of any reduction." In another cir- ing that the Presidents' agreement
effect of
is a rope of sautl.
with reference to the To secure stability in rates, that organization at the
amendment as to posting the schedules discussed above, start, rested upon the uniform enforcement of the InterIts purpose was to detect
the Commissioners state that this change " requires State law as its corner-stone.
" immediate attention on the part of the carriers.'" violations and to aid in their prosecution. Before the
They also suggest that '"'one at least of the places to amendments were passed it was fully believed that this
" be provided in each depot, station or office should be purpose could be attained.
Under the statute as now
•'to the taking eifect
cular,
under date of March
13,
<< upon
*
*
a standing desk" *
which the tariffs
" and classifications can be laid in book form," the
book of rates to be kept " abreast with all the changes. ''
These new instructions show a degree of vigilance
which does not encourage a belief that future secret
violation.^ of the law will prove profitable.
But there are other methods besides those above referred
to for shiuling schedule rates.
No doubt they are all a
'•
violation of the sixth section of the law, since the carrier
practicing
them
receives
sation than tiie official
from individuals
statement
compen-
less
specifies.
They
no room for doubt. Hereafter in forecasting the markets it will be necessary for all to accept
in force there
is
as facts that the Inter-State law
conditions of
going to be enforced,
no
little
importance
is
too obvious to
^^^^
require asserting.-
AX EXCEPTTONAL WESTERN RAILROAD
COMMISSION.
are.
however, underhand in theircharacter, more mischievous
is
that rates are going to be stable, and that tho Presidents'
agreement is going to last. That these are industrial
It is
not generally
known
that the State of Wit^consin
has a Railroad Commission, which in ability and faii'this time these discriminations have been widely prac
ness ranks with such boards as those of Massachusetts
ticed and through false billing, false classification, false and New York rather than with the type of commisweighing, &c., so covered up that to follow them has sion with which the railroads are so familiar in the
seemed to be almost impracticable.
Of course any West. This Commission has issued its biennial report,
in their iniluence,
and very
difficult to detect.
Up
to
making the official tariff and changes in it and its remarks and criticisms upon the i-ailroad situaeither up or down cumbersome and conspicuous, helps tion are wholesome reading at this juncture, when one
to foreclose every such unlawful act and to restrain even has become so atjcustomed to violent harangues, instead
indirect violations.
But experience having proved that of rational discussion, from such quarters.
more than that was required that severer remedies
As far as mileage goes, Wisconsin is quite an imporprovision for
—
—to
were needed as well as deserved
from
these occult
practices,
the
secure exemption
has over 5.200 miles of road, and many
like the Chicago Milwaukee &
St. Paul and the Chicago & Northwest, pass through
it
on their way to Milwaukee or to Chicagd.
tant State.
amendments have important
provided imprisonment as the penalty for the offense in
addition to the fine.
It
systems,
THE CHRONICLE.
346
(Vol.
xlvu
In another part of his report, in dealing with the
is not an elaborate
simquestion
of rates and his efforts to have the " distance
consists
office
the
In fact, the personnel of
affair.
a
tariffs
"
rearranged,
he says that while there was some
and
Peterson,
Atley
Mr.
ply of one Commissioner,
H.
little
finally agreed to make a revision.
delay,
the
roads
James
of
Mr.
person
the
in
Deputy Commissioner,
The Railroad Commission, however,
with no clerical force whatever. Yet they This step he then comments on as follows: "It is
" gratifying to know that whatever the change is, it haa
accomplish a great deal of work, and do it very satisfacMr. Foster, the Dep- " come through reason, and not force, and comes as a
torily to all parties concerned.
" new proof that mannerly methods, in an attempt to
uty, has seen very long service in his present position,
" secure results that are desirable, are better than
From
and has made himself practically indispensable.
" methods of contention, and when secured there is
Peterson
Commissioner
the judicious way in which
find
"left none of the spirit of rancor and hate, with no
to
surprised
all
at
not
treats all questions, one is
Foster,
give full and deserved credit to his assistant in the
It is well to note, too, that the
duties of the office.
him
"
bitterness to
allay or
wounds
to
heal."
treating of legislation, after saying that
if
Again, in
the railroads
work is quite as creditable as any part of the violate the requirements of law or justice, or become
In the space allowed by law it is not possible to arrogant and dictatorial, they should be quickly placed
publish a very extended report, but the Board manages under more rigorous conditions, he remarks: "Beyond
to give in small compass the essential facts beai« "this, the corporations owning and operating the
ing upon the course of railroad operations, and to "great transportation lines, should be left entirely
their own
in
present them in a way easily comprehended and " alone to perform their business
•
"
further
than
that
is
an
attempt to
way.
Any
attempt
studied.
statistical
report.
from what has been said that hostility to "subvert, not to protect rights. The definitions of
Western States, has not "power should be clear and plain and limited to defense
developed to the same extent in Wisconsin. The Taylor "and protection; and for the accomplishment of these
Bill, introduced in the legislature the present year, "its powers should be ample and in well-prescribed
which proposed to enlarge the Board of Commissioners " form. The thought of all restrictive laws should be
and confer arbitrary powers upon it, and which the "to secure justice, not to work tyranny; to elevate the
roads so earnestly and so unanimously opposed, forms " standard of right, not to wreak revenge. The law
quite an exception to the rule, and it is satisfactory to " should be a giant in repose, with strength and will
know that the measure has not become a law. This "for an emergency, but held in abeyance until the
immunity from hostile attacks, at a time when the feel- " emergency comes."
This is good, plain, vigorous common sense. In fact,
ing in all the adjoining 'States is so bitter against the
railroads, may be in some measure due to the fact that it is a long time since we have seen so enlightened and
80 large a part of the traffic on the roads in Wisconsin well-conceived a criticism in any railroad document, and
is through traffic, and thus carried at through or inter- it suggests force and character, as well as understandState rates, Mr. Peterson estimating it at 80 to 90 per ing and insight.
For Wisconsin to pursue any other
cent of the entire freight tonnage; or it may be that policy than that here outlined would be ruinous to the
the people have not forgotten the lessons the granger best interests, not only of the roads, but of the State.
legislation of a preceding period taught.
But we think Wisconsin railroads have not had a prosperous time in
the most important influence in keeping antagonism in recent years. From a table in the report we have precheck has been the Eailroad Commission itself. It hag pared the following interesting table with reference to
It follows
railroads, so manifest in other
not hesitated to exercise
its
authority
when
occasion
the course of their earnings, the figures covering the
demanded, but the power has been wisely and justly years ending June
Thus it has served to educate public opinion
used.
instead of seeking to use
it
to its
own advantage.
Some notion of the Board's ideas of its functions and
duties may be gained from Mr. Peterson's introductory
remarks in the present report, and
it is
for this
he quotes his finding in
1888.
Gross earnings
$24,891,619
Operating exi)en8e8... 16,631,125
Net earnings
reason Other Income
more particularly that we dwell upon the matter to-day.
In referring to one of the complaints which came before
the Board during the late year and his action thereon,
30.
Total net
Gross eani'gs p. mile.
Net earnings permUe
Inc. or Dee,
1882.
$18,769,197
10,276,746
Inc.
Inc.
$6,122,422
6.354,378
$8,260,494
729,741
$8,492,451
900,730
Dec.
Dec.
$231,957
170,989
$8,990,235
$4,743
1,574
$9,393,181
$5,639
2,550
Dec.
Deo.
$402,946
$896
Dec
976
.
j
containing this significant
Thus while gross earnings
in the six y ears havej
's
paragraph: " The course adopted by all of my predeces- increased over six million dollars, or nearly one-third,
" sors, of trying to settle all complaints brought before the net earnings are actually less than they were in 1882.1
full,
j
department without recourse to the courts,
been amply vindicated' by the good results which
*' have followed, in securing to the
people of Wisconsin
" as good rates as in any part of the West and an
"this
" has
"immunity from
a hostility of
feelings
which has
" characterized some of the States, ending in
" feuds and in vexatious and expensive litigation.
*'
wisdom
"*
*
*
bitter
The
of this course
I have
having been made so apparent
adopted the same course. * *
In other words 5,200 miles of road in 1888 were pro-'
ductive of less net revenue to the roads than only 3,300!
miles in 1882, and the net per mile has dropped from
$2,550 to 11,574, being a decrease of 40 per cent,
Another fact should be borne in mind. The State of
Wisconsin ^derives a large revenue from a license taxj
levied on the earnings oif the roads.
This tax beingj
based on the gross earnings yielded $1,028,991 in thei
late year, and Mr. Peterson thinks that the time is not
"Experience has
clearly demonstrated that the best far distant (with the
roads prosperous) when the reve-{
"results have been obtained where the Commissioner
nue from this source alone may suffice to pay the entire;
" has acted more as the adjuster than as the
judge, expenses of the State government.
It would evidently
"and that a conciliatory course has produced the
be very undiscerning to cripjjle such a tax-producing
"most kindly business relations between the
car- industry as this, especially when rates are low and reas-j
" Tiers and traders in the promotion of harmony and enable and
the roads are doing
well under
."goodwiU."
none too
•^
existing conditions.
I
i
mabob
i«,
THE CHRONICLE.
len.]
847
and invade Bosnia, we know not as yet. It
ia well
ANOTHER WAR RUMOR.
known that M. Restitch, the head of the council of
The news from the east of Europe is not quite as Regency, is a pronounced pro-Russian, and that in
his
encouniging as it was rchiting to the prospects of con- newspaper ho has not ceased for years to
denounce the
Austria, from some cause not yet quite Austrian Government of Bosnia,
tinupcl peace.
and to encourage disintelligible, has entered upon a course which is well affection in the province.
Nothing is more certain
fitted to inspire solicitude. The news is to the effect tliat than that if Bosnia is invaded by
Servians,
Servia will
be invaded by Austria-Hungarians; and it is difficult
to
frontier; that tugs and barges for the transport of troops think of such invasion without
learning that Russia lias
by way of the Danube are being put in readiness, and again crossed the Pruth.
that the railway authorities have been instructed to
We do not, however, believe that things have come to
make arrangements for the immediate transportation of this pass. A milder view of the case is that Austriatwenty thousand armed men.
Hungary has adopted these measures in a precautionary
In any circumstances, and at any time, such news spirit, and to show the Servians the risks
they
a corps of observation has been ordered to the Servian
will
would attract attention. But the times and the circum- inevitably run
they rashly provoke war.
if
It
may
stances are precisely such as to encourage less hopeful
therefore be that this latest war scare will prove to be
matter of common knowl- in the interests of peace.
edge that Russia and Austria-Hungary are now, as they
have been for some time past, confronting each other
GROSS EARNINGS.
like two gladiators, ready at the signal given to pounce
For
February
the
improvement
in earnings over the
upon each other and engage in a life and death grapple.
corresponding
month
last
year
is
not
so marked as it was
Various causes have conspired to keep them apart, and
in January, the gain being less both in ratio and amount.
to delay the commencement of the inevitable
views of the situation.
It is
FEBRUARY
conflict.
But these hindrances would seem to be weakening, and
the pressure on either side is gradually lessening the
distance between the impatient and persistent rivals.
The Balkan region and the territory bordering on
the northern Danube constitute the bone of contention.
Russia is resolved that, whoever should be the nominal
rulers in these territories, her influence will be more or
less supreme.
Austria-Hungary is as resolved that
nothing shall happen, with her consent, the tendency of
which shall be to diminish her influence or prevent her
development in these Balkan Provinces. "We have seen
one example of the result of Russian pressure in the
removal of Prince Alexander of Battenberg from the
Bulgarian throne.
We have just seen another example
in the resignation of King Milan of Servia; for it is no
longer a secret that Milan in abdicating was simply
yielding to a necessity which Russia had put upon him.
His abdication was in no sense due to Austrian hostility,
as various circumstances have abundantly proved.
If
he has not already gone, he is soon to set out on a visit
to Vienna; and it is well known that only a few days
before his retirement he announced that in the event of
the outbreak of hostilities his army of four hundred
thousand men would be at the service of the Austria-
Hungarian Government.
to be,
it
is
difficult
to
What
say.
Russia's next move
But the government
is
of
Two
circumstances of importance existed to diminish
In the first place, the month
this year had one less day than the same month last
the extent of increase.
year (1888 having been a leap year), and in the second
is with a period of good results,
place the comparison
whCreas in January the comparison was with a month
relatively poor results.
As our readers well know, 1888 as a whole was not a
of
But February
was the only month exhibiting a
while in gross the increase was the largest
satisfactory year for railroad earnings.
was an exception;
gain in net,
it
of the year, reaching $1,900,000, or 9^ per cent.
In
day was responsible for the good showing
then also the weather (which had been quite
adverse both in the month preceding and the month
following) was favorable to railroad operations ; but all
these considerations were hardly deserving of special
prominence then, because of the many influences of an
unfavorable nature which existed and which more than
offset any advantages arising from the extra day and
It must be remembered, moreover,
the good weather.
that there had been quite, heavy gains in February of
the year preceding (1887) and also in the year before
indeed, our February returns have shown
that (1886)
gains in every year of the present decade with one
In brief, then, though
single exception, namely 1885.
part, the extra
;
;
Francis .Joseph is not likely to be totally ignorant of the
plans and movements of the great Northern Power.
the present year's increase
Rumor
ceding.
has
it
that
Prince Charles of Roumania will
have to follow Milan, and that Ferdinand of Bulgaria
will only have a few weeks more grace.
If Russia
succeed in showing her power with such effect,
without the necessity of drawing the sword, the prospect is not bright for Austria-Hungary growing in the
MOtage.
.Periot.
shall
direction of Constantinople.
In the absence of any visible cause for the present
movements made by Austria-Hungary it is well to bear
mind that the Servian people, at least those of them
who are of pro-Sclavic tendencies, claim that Bosnia was
in
is
not specially large,
it
succeeds heavy and consecutive gains in the years, pre-
Feb., 1880(Uro«d8)
Feb., twa (Se roads)
Fob., 1883 (48 roada)
Feb., 1888 (80 road.)
Feb., 1884 (80 roadsi
Feb., 188S (60 roadsl
Feb., 1886 (lia roads)
Feb., 1887 ;10l roads)
Feb., 1888(109 roads)
Feb.. 1889 (122 roads)
.SttfiunflV*
Tear
Tear
Ttar
Ttar
Oiven.
PrtcedinQ.
atven.
PrtetMng.
Hat*.
laut.
%
18.723.M3
28.339
40.393
47,218
42.830
50.846
4»,88e
24.812
IO.846.609
35,316
43,046
39,174
49,194
10.630.871
ie,oiii.ua
16,630.761 Int.
18,S7S.I8d Inc.
iajM8,0«7 Dte.
48JNB
ie.06aj8t
14,868,151'riu. i.ga>,2a
62,980
88.840
88,744
90,TOM9e
19,02S,!t70 rnc. 1,TM,7«
20,aiOJB3 rnc. l,90r;88T
S44n.0«S/n«. 1,261,8W
swwo
«1,7«9
71.B77
17.tBI,(»l
14,610.909
22.1)8,090
26,434,878
Akthml
t
I
11,069.486 Inc.
SMUXB
10.182331 'inc.
4t»,7V
12.8ll3i:;in«.S,918.8»«
U4341
•MB.na
HUM
one of the two Turkish provinces entrusted to the temThere were a number of favoring inflnences the presporary keeping of the government of the Dual Empire ent year.
These comprise (1) better rates and a general
by the conference of Berlin. Only a few days have maintenance of tariff schedules ; (2) a larger grain tonelapsed since it was first stated and then denied that nage in the West ; and (3) a decidedly heavier movethe Austria-Hungarian
Servia.
Whether
Government was about to occupy ment
Regency have resolved to yield to
of cotton in the South.
In the weather, there
King the were no important differences in the two
thejpopular demand reference to rates, the contrast between
in the absence
of
the
years.
With
and
this year
1
'
!1
1
THE CHRONICLE.
348
,
[Vol. XLV1I11
In February this year Chicago received (aggregating
Last year there was an entire disregard of all agreements, and rates dropped lower and the different cereals without regard to weight) barely
lower February being an especially bad month in this 300,000 bushels more than in the same month last year,
The present year all this has been changed, while on the other hand the receipts of flour fell off
respect.
last is very striking.
—
and though
at the
moment rumors
of proposed reduc-
tions are again becoming unpleasantly frequent, yet as
a whole there would seem no doubt that tariffs have
been well observed.
In the cotton movement not only was the loss of last
year wholly recovered, but a considerable gain made.
The increase is seen both in the port receipts and in tlie
in wheat to nearly
But even that does not tell the
whole story as far as concerns the movement in the
Northwest. The wheat receipts as given in the tabic
include both the spring and the winter variety, the one
coming from the Northwest exclusively ar,d the other
from other Western and Southern points. But in winter
over 528,000 barrels, equivalent
2,400,000 bushels.
The gross total overland amounted M'heat there was actually a very large increase at Chicago159,843 bales in February, 1889, against 109,315 the inspection comprising 78S cars, against 189 cars,
bales in February, 1888, and 112.050 bales in February, whereas in spring wheat there was a marked falling off,
1887, while the receipts at the Southern ports aggregate the inspection being only 537 cars, against 928 car^'.
415,007 bales, against 299,090 balcs_ and 345,882 bales With reference to the movement of live stock and provi.=shipments overland.
to
The
and 1887.
respectively in 1888
year in the one case
increase over last
50,528 bales and in the other
is
ions at the
it
same point,
as reflected in the above statement,
appears that the arrivals of hogs were about 133,000
came
case 115,917 bales, or 160,445 bales together.
heavier than a year ago, but presumably (his also
KaoEiPTg OF oorros at southern ports in ferrcary, and from
JANUARY 1 TO MARCH 1, 1889, 1888 AND 1887.
from sections other than the Northwest.
The receipts
in pork and lara, nowof cutmeats, too, were heavier
ever, there was a decline.
Altogether there can liave
been no great gain to the roads in that section on th«
movement of grain and these other products.
In the Middle Western States, however, tlie advantages on account at least of a heavier corn movement
must have been great. Take St. Louis, for instance,
where the corn receipts in the four weeks ended March
February.
iSirlce
January
i.
PorU.
IWS.
1F89.
QalveatoD
bales.
El Paso, &c
New Orleans
45,U!I
Florida
114,111
12,810
332,320
51,800
82S457
10,499
1,350
8,722
2.700
40,72il
127.038
91,704
1.11
62.5«;
30.33J
Branswtck, &c
CbarlestcD
Port Royal, &o
18.811
21,186
914
6.017
15.8731
18,648]
212
We»t
Point,
ie
88.957
5.818
101.750
489
4S,82«
23.0,39
3,0tt3
2),081
50,749
8.942
48.987
*47.947
1.25S
2.610
2.678
6,414
3.B7S
17.5.591
16,479
15.300
152
1,316;
703
423
32.727
119
20,890
76,28:i
42JS71
38,053
I<l,4C6i
S5.573i
63,868
88,500
10O.6S3
75,175
1,858,000 bushels, against 812,000 bushels
77.3.R55
920.K24
points also have gained rather than lost on the wheat
415.(101
Total.
427,900
43.956
133.614
17.435
Bavannah
WashlDKtOD. ^c
Norfolk
96.131
135.661
2.ai.'!
Wllminjirton
1867.
19.701
13.80^
3.8:5
Mobile
I8SS.
1889.
110.309
2S,712
82.3Stl
The grain movement
1.643J
299.090'
i
142,172
i
:U^.882!l.n50.8:2:
at the
was larger than a year ago,
West, as already said,
;
bushels, against 2,993,000 bushels in the corresponding
.
At Diiluth the
was 313,000
bushels, against 60,000 bushels, but at Milwaukee the
amount was only 306,000 bushels, against 630,000 bush.
Even at Chicago, where grain is received from all
els.
total
the other leading sections besides the Northwest, and
is a large nvA important item in the grain
where corn
arrivals, the total of the cereal
little
larger than in 1888, as
lowing
—the
figures
in this
000 bushels
movement
is only very
be seen from the folcase covering the even
may
month.
;
both these
Other points have likewise greatly enlarged
movement, though having lost somewhat in.
Here is our usual table giving full details.
Flow,
(Abb.)
OMeam—
I
Whtat;
Cbm,
(fiuth.)
(bu.vA.)
WEEKS ENDED MAWIH
Ontt,
(bush.)
2.
By,
Barley,
(buM
(buth.)
'
4 wks. Feb., 18S9.
4 wks. Feb . l««<i
248,510
614,181
4,48n,90H
2,908,017
(i:Kl,32-
,-)77.878
S.6U1.1.V2
2.''7ii,44
Since Jan. 1. lH8in
Since Jan. 1,18881
5r)2,792
1,319,031'
1.201.8:8
1,885,572
8.781.283
0,926.650
5,H59,i;:>
2.881.'
6.634,503
2,230,1011
188.284
168.365
820,011
801,2^5
866,575
630.680
823,174
124,«5S
9H.0 '0
2'0,00fi
.3211.185
420,001
1,170,493
xiifita
373,000
85,431
61,011
159.737
129,336
275,111
108,758
416,458
830,414
4,15',191
836.103
165,9.)3
1.8I10,S53
337.21111
281,481
ll,361.-<40
1,6S4,H...'^
.371,48;!
4,309,516
I,4i8,75i
488,0811
1,950
8,001
21.200
i*,b73
10.888
69,711
106,3)4
230,113
292,631
316.925
98.043
10,681
7,62ol
5.SM
6l3,5ii2
53,899
32.078
88,015
605,104
33,429
112,187
1,12.8.451
HOI.HII
(18,986
264,9.')9
IJS
190,288
Milwau]ue—
4 wka. Keb.. 1889
4 wka. Feb., 18881
Since Jan.!, lt-89|
Since Jan. 1,18881
at.Lou,i>—
4 wka. Feb.. 1889
4 wks. Feb., 1«88,
Since Jan. I.IRKII
Since Jan. 1,1888
219,000
460,023!
311.241
1,268.3751
701,581
18.S«(>'.
38,4(0
48,«S»
13«,34«
I
I
Tolttlo—
1 wks. Feb.,
4 wks. Feb..
Since Jan. 1.
Since Jan. 1.
1889
1888
1889
1889
15,4,S0
21,718
84,257
263,267
9,IH)
700
i
14,8«3l
4,iM8i
X>etroit—
8,9tS
8,3«1
I»,68»
I
wks. Feb., 1889
4 wks. Feb., 1888,
Since Jan. 1. 1889
Since Jan. 1,1888
11.317
14.011
22,306
33,150
133.1.35
299,6 la
411.07^
4 wks. Feb.. 1889,
2-1,515
143.(
4 wks. Feb.. 1888!
Since Jan. 1,1889;
Since J<n, 1,1888
17.604
51,989
237.904
850.167
407.826
4
Cl6vtl(vn(l—
14'^,14l
6^,01(11
51,1 ao'
1,006,3113
70,947
279, i 55
]:!?,i;05
I3y,273
112,3U.i
137,330
58,3"0
49.960
130,818
98,615
119.495
22,96.1
218,0^
67,810
6.i0»
19^596
2;B,81ij
«l,6:i4
•as
745.000
93,600
130,400
214,800
213,600
22,1)90
102,'VBO
1
Peoria—
31,86l|
18,30il
2,nu
788
\
4 wks. Feb., 1889.
4 wks. Feb.. 1888
Since Jan. 1, 1889
Since Jan. 1,1888
Dulut\—
9.697
9.172
17.917
17,423
126.000
38,000
202,500
l\i4,500
1,858.800
812,51 K)
,801.8011
3,017.250
2,381,200
l,41H.0OJ
2,045,200
ll.CSO,002
5.01 3,4«-
8,638, IMl
23,281.3111
14,.354.320
4.147,981
1.80-.',I61
9,1131.31"
4,7ll.70f
H,H73.^7:
43,400
80,950
\
4 wks. Feb., 1889;
4 wks. Feb.. 18881
Since Jan. 1, 1889
Since Jan. 1,1888
78,576
108,103
313.951
86,576
769,748
leO.Oilll
3finnfapolM—
BECEIFT8 AT CHICAOO DUKINO rSBBUARY AND SINCE
February.
1868.
188S.
,IAN. 1.
Since January
1887.
1889.
1S88.
Wheat, bush
569,102
619.28^
Com. bnsh.
Gate... bush.
Bye... .bush.
Barley.busb.
4.357,909
8,796,366
1,990,970
8.'
2.877.893
8,173,828
115,645
82,820
210.481
1,127,660
1,078,115
2,519,854
44,823
968,683
185,860
2,153,832
Total sralD
Flour... bbls.
9.047.609
8,749.911
116.701
674,067
Pork...bbls
Oat m'u.lba.
Lard.... lbs.
LiTehoirFNo
Peoria where the receipts were
RECS1PT8 OF FLOUR AND OBAIN FOR FOUR
637,407
1.089.119
1.305.239
603
6,666,604
5.502.661
5.454,350
152
2,585,302
6,209,487 17,418,949
494,951'
427.898
15,766,514
1,246,321
8,798
2,672|
8,526
10,585
12,269,004 20,809,807 34,224,413 25,311,»09
7,078,6851
7,204,464
6,372,867 13,838,297 12,473,9J5|
599,489
426,0.361
898,618i
1.013,17«l
2,3J8
15,009,261
1,010,770'
I.
Feb
1889
4 wks. Feb., 1M88
SInou Jan. 1,1889
Since Jan. 1.1888
4 wks.
.
last year, or
movement.
this is true only as
In the case of wheat wheat.
and flour, there has been, as in the months preceding, a
heavy and noteworthy falling oif. The corn movement
exhibits a striking gain, (more than sufficient to wipe
out this loss in flour and wheat), but the gain did not
occur in the same section nor on the same class of roads.
Indeed, the loss in wheat has occurred chiefly in the
section where corn hardly figures at all in the grain
movement, that is in the Northwest. Thus on a very
important group of roads the situation a5 to agricultural tonnage was against the present year.
Take Minneapolis for instance the receipts of wheat in the four
weeks 'ending March 2 this year were only 1,996,000
1888.
2 were 4,159,000 bushels this year, against only 1,865,-
their corn
and yet
regards the cereals as a whole.
period in
;
fV>t<X 0/
1887.
l,9e6.820
2,993,070
3,615,900
5,427,840
,
an—
4 wks. Feb., 1889
4 wks. Feb.. 1S8S
6.18.455
025,0031
4,0Ll,255
4,B90,44
7,918,584
Since Jan.l.l8Sl'| 1,261,673
Since Jan. 1, 18881 l,83a.»04! 10,011,hBl
9.«.f2.U3VI
1,942,541
181,7»t
118.738
456.771
448,60 >
Another circumstance is to be mentioned as having
had an influence on a considerable number of roads*
We refer to the mild weather which has operated
adversely to such lines as do a large business in the
With the
transportation of coal, whether soft orchard.
diminished demand for coal, these roads have had A
March
tonnage of that staple. As emphasizing
will be obscivod that of the lines allowing
decrcasml earnings in our tabic, many belong to that
Among others, wo may mention the Ikiffulo
clivss.
Rochester & Pittsburg, the Western New York &
Ponusylviiiiia, the Toledo & Ohio Central, the Kan-
R4»
QRtlM UMUIltiai AMD MILtAOl
diiniuiHhcil
awha &
1 .
TEE CHRONICLE
16. 1fw9.1
this point,
24
.
'
,
it
&
Chicago &
Ohio, the Columbus Hocking Valley
& Lake
the Wheeling
Erie and the
Orou Bamlnai.
Ifame of Koad,
1880.
&
Atliiiiia
Wpst Pnlnt
AiiaiiMi' >v I'licitlu...
Bull. I«<)cli. lb IMtt«l>
Burl. (VmI. Kiip.
No..
Cairn Vino. St. Clilo..
.
Toledo,
a
Eastern
Cmmilliiii
I'lM'ltlc
4l,2?!>
•a.M2 J 1, 014
(|209,GC8), and large gains are also reported
Trunk
Ctieu.
>]i>od£ -«iiuMiw.
Cllil'ltUO tte Alliiiitiu
OliicHifii Sl Eiwt III 'I.
Chii-. .Mllw. Jt.-it, Hiiiil.
<'hi<»i4;n ,v Ohio Kivitr.
fhii-. 81 1". .\c KiiiiB.C
Chic. .V
.Vliih.
.
of
southern roads
— in
by the
Mexican
Wwt
Cht.Ufor i-i'u&l*
part, but only in part, as the result
of the larger cotton
& Chi
MiU'k
.N.O.ATcx
PiK!..
Clu.
*
'
The road
now
is
,
CiM. KirU.
Clii.
8elm,
Ft.
»V
Jt
W...
till iiio
Ciii. W.i
& .Ml.-li ..
from the arrangements with Ctn. Wii.«li. AB.Ut....
Cluv. Akron it Col
the Erlanger system for through business to and from CIpv. Ool.
it Iiul...
Culoruito
New Orleans. The Chesapeake & Ohio reports a loss of Col. A (Mil.MidlHiiil
Ulithmil...
Oi>l. Hock. V. JiTol ..
$23,000, but this is more apparent than real, a consider- D.i.vt. K W. ,Vi(Jhic
Ofiiv, Si Kioiiraiidu
able amount of through traffic having been transferred Dcnv. Ji K. G. Went
Di't. Biiy C. JE Ali>eiia
to the Richmond & Alleghany, which is really part of l»etn>it Ljiiis'i; tS:No
Kiust Tumi. V:i. \. tin
the same system, and whose gain for the month reaches GvaiiHV.
it lud'utip'^
Si T. Uaiitti.
The loss on the Cin. KvHiiHV.
142,000, or over 100 per cent.
Flint * Poi-e Maiq.
R' i Na .Co
N. 0. & Tex. Pac. is ascribable partly to a fire in one Fla.W.
Ft
i! Denv. (ilv
Doiiv. r X. .» (iiiir
of the tunnels, and the decrease on the Louisville New
Gr. KapMsit [uira...
Other lin*i8
Orleans & Texas follows from a smaller cotton movement.
UniiKiTniukor Can
Chic. & O
rnuk.t
As illustrating the growth of earnings on Southern sysOft. G
H. A .Mil
tems, the following six-year table is interesting and in- Ho Ht. Si Tex. C< lit
.
getting the benefits resulting
!
•'.
'
.
.
.
.
.
t
.
t
.
..
8ton
Hiiiii'
structive.
Inrt.
Ucf.
Iowa
Ffbrua'
imn.
ls>9.
y.
*
«
Cbeaapfl
ke&Ohl<
Ches Oh'u * S.W
•Cln.N.0.4Ti!X. P
3iii.0in
x'ti.xr.i
«
295.500
I5i,ia2
i5f.,r 2
12t.8u:)
5«\**7"7
B. Tenn.Va.i .».
LOUlBTille V NiiHh
8 & Chur..
4H.5.08
U«mi>h
IWM.
1887.
3
27.9C4
.3311, 7S
IHW.IS
B2:i,i«2
Se»,9U3
45U.4 5
3aH.i'>3
l.a^ .895
un'iAi'.
I44.nt
123.3;8
MobllH Jcohlii.
21&,U.<2
Horfolk* We.»t. ..
BIch. A UsuT.sys
327.911
Total
4,<JSI.;iu2^
* Inclafle^ nil
f
87
91 u, 4 in
4.35^.037
thp
lin<'s erubr<ice'l la
81. L<jui9 Ji <;i*iio.
Nut iuciudi K
112.186
4.'8.349
«4I).M93
841.38
1.049,
«"
31l.'-9ll
l.(iH3..-)08
16.431
1'(-,1S9
+ l«4,49t'
tiBi.as:)
29l',S04
£21.78
IW.vSl
i«5.357
3.446,98(1
.S,257.«6a
roads
which
earned
—625
-19:.
4 if.
4)15
1,(.70,'00
1,.577,001
(.4 <•
5,07-
5,070
O.S-(i
1»'-.14
85,..0
3.-v;o
3. 33
12!»,S,I5
4,3.251
Hfl
-h5i>,3lil
790
04,S2
+
8
414
—91
2
-H1.701
+ 8.9: I
30
316
336
295
196
Ohio
&
Mississippi,
Baltimore
roads
fall
f«w
also
report
lower
earnings;
the
quette,
^rand Haven
&
&
it
U.ilutU
Mm.
I.
..
M..
Pass
j:
..
+991
— 15,..9
-.5,205
522.5'^il
+
47,808
5311.4
1)
12C..310
25,. i
f
7
1S^,•^«2
41,02s
4!I'.'.H(XI
83.150
31.726
65,322
450.435
!-U.!"-2."l
4l„')0(i
(ia,:iU
4«.'S.(),3
20.1 M
«-,l '.)
17.72.
65,11
100,585
171,,'JO(•7,>JJ2
7
....
14.2H
l.=)9
rci
WUoouslu CuutiuL...
TornI (12* iv>n/N>
+ 1,59.
+
(',(!
I
+2.17
1
4
138
+
156
32
156
303
574
277
126
440
32
(,0"8
—19,0
+
363
f.74
4(>9
,9.53
+ 24
1,16.'.8I3
22ii,MH8
+ 132, 46
3,479
3,418
+ 2. ,7-18
3:15
81
— /.il
l(i2. .13
a.fiO'.
3fi,(>
2
12.TB7
3-,ll7
3(i.2.i
1
23.8'14
107,934
IH.IO
224.578
.
— 3,2-
1m9
613
95
65
+ 12,38
+ 2., 63
1.52
335
180
513
05
6S
152
509
6<-9
-1. 7,
+01. .6'
+ 3. 65
12)
071
163
—
67,82i
210.T7(i
12
410
-b.3.'5
I.
^47,883
— .'.545
15,144
Is.iU-i
ir>>.in>
2.
1
204.7B-.:
4it..542
l,H70
I
65,' .09
171,8. i»
1,28 ,3 <5
1 .9,756
215. -.54
2 8,345
8.045
141.618
1
7,7.51
16 .IS?
4 8.i>79
29l,23(i
352, 100
4-2,l(.4
l-<8
721
320. 30
1
1H4,182
1
.
8 ,o7j
144.225
6 ,8.6
9 .Oi'O
4.52,0.51
4..:;,97'J
+58,
ti5
+86
— 1.5,lh7
—9,43
+6.1,9-55
+
,553
1
—2,491
—.'94
+ 24,81:.
-43,185
+ !('2,315
4
330
1,397
1.217
20 1
592
303
+31,170
+39,95 71
+ 11.2 10
—14.234
3,>1
'.6
+
3..1
277.7511
81.i,283
21 .. .OJ
»75.U27
24
+ 26,-'92
10!t.23
03 ,i8l
4'
.8.(5
15, .7o
14.291
2,4«1,73
41,4.5
2,58ii.4-(3
3-,(iri0
111 1,9 J
10.1. >|M
372.047
1.14 ,78.
118,018
93 .085
287.5.5
290...78
.
3J7,',»i
27.731
(i.li'J
60.
-5
6,.<35
.
lJd.75
126,375
y,-74
t,.Tl(.
83,65!*
41,110
910, .16
877,': v;6
i-l. 1
8>i,027
80.32(1
2l7,!»i7
4011,863
65,5115
4-1 -'.2 7
8-,47;.
5T,()
7 .((4
2;0 I6i
390,944
84.-71
55 .',01
61,513
3 ,161
(.
41,5.)
43,475
4^4,1 :i
71,134
4«J,067
43.676
l.(,0.4
16,4-1
70,i"55
7d.2J2
10 1.257
07, 65
47, 7
a5,2 72
4 ,01;
350.4
51,42
21O.90O
6;,55U
21
70.268
7(1,388
43,6K5
i
••,.504
235,90.)
9R.4'«4.<=7« M.ITfl
65(1
—12., 753
+ .',76.
+ 4. .9
+41,
+2 9,6.^^
AS
3
.55.
U
25
367
7o
2.1
(5';
.
2,608
2.03
-4
-J
24.
+ 2.65
+2;, 9.
l.-.'6J
+ 18,110
-6 ,;5,
1,32;.
2.18
3.1121
— 19.;76
54
320
539
342
023
172
98
254
307
73
252
21
I
687
027
luO
3.i¥0
+6,1-:
+ 4,5
1,612
2,912
31.
ei3
+ 1,)H.
+ 4 .4!
+ 41.6-
805
293
592
803
351
3.30.
.53
— 3.12<
+
1,236
1,447
1.4
+7,01
+62:
,03
.5
I
68
100
+2.
ll.5,l(
33,«64
— lt',323
8,^9
+0l.7Si
>
413
253
+25.»6
—lU.
+ 1,90<:
44 7
2 4
1.117
1,316
230
2,c5l
HM
•25S
—38,'».-4
21
21
1,487
1,487
-r2..l5.
24.-
+ t. 92
—27,20 i
2.i7
184
*H
226
-7,157
+ 35,116
+ 3,6-3
247
200
91
247
206
91
+9.-.483
45
1.001
1,001
—3,9.0
138
I, (.01
6.58
— lH,5o9
187
818
138
658
187
818
—
—2.709
01" +1 .T.-.u'>ft'71
.
'7 '"'.744
r.>r to.ir .vio<» eu 11 n a4.« eii 2.
weoitn uuiy ul F. in- i.iry.
ui thd auure sys> W- nivo hare C le «ara
.rreucy.
t Mexieito
(• mails) : ih SHparate roul-i. ••auli li p op.ir ili) 1 »hjHo»l or I--",
te
will e rou.iU In 111 reiiil.w8tt-iia»l lUt 1 ••or .lep-trtJioDt ot
in(«Ui«euue.
^ Include* Cbie. .b Iud.Coal.jiiiCtKi.xM_uJ ..
•
Tmvu
1
um
-
I
2.'6
+ 2S.3.4
.
2t-l,'>4(l
(i3..-44
.0
—3
0:i,7S2
4 t(),U33
A
or
nb<ma.
Went. .N'. V. (t Penu...
WueoliUK <t L. Erie. ..
We-t
Indiana, and the Detroit
+2,.I03
21,6-6
167,7 5
15,056
101.4.10
1,3(12.
+ 12
OO.KHU
,>..
."iO.OOfl
1
-
Milwaukee.
.
K Tr...
Valley o Ohio
WaliasU Western
the
tho Grand Rapids
Paul
Paul
.
O
Middle Western
section
which
comprise chiefly coal carriers and a
Michigan roads like the Flint & Pere Marin
1,098
10.3 -0
31,306
170.0O8
17
537
514
40
330
Tol. A. A. it N. .Vlich..
Tol.
1. it Sou'hera
I'ol. it (ihloiJiuiiral ..
Tol. Peiuia it West...
Tol. at. L. it Kau. C...
behind
1,:43
o:
15.\
2,023
&Chio.
TexaaAtPauinc
other
309
218
268
1'',
3,5.3<H)
143
170
86
07
165
281
191
-|-l,8li'
537
514
Nashr
8... eii Ii-I.id
&
323
3 ,777
>!•:)
2,256
it
A. <t .\raii.
not quite as Han
ShHuaudoali Val
and the Cincinnati Washington
1,401
369
•
21
,71-.'
1
+ 1H.739
+ l',4i.(l
+ 3,iiS
3U,
m.S, 13J
l,34l,3"i0
N. o. <tTcxiui
Mariolla Col. Je No.
Memphis Si Char'tou.
Mexican Central
;
viexiCJiii Nutniua]...t
Mexican Rallwa.v ...;
MUw. L. 8h.it West...
81
than the amount of decrease which the loss of the extra
day would occasion. A few of the Western connections
of the trunk lines, like the Chicago & Atlantic, the
1,4-0
47.ll'i
+
148
113
592
63
135
357
St.
and not much more
825
261
42,003
— 15,
251
.
large as the previous year's increase
9-4
+ 7.r55
—22.101
+ 6,1 75
+6,7 4
.
+ 1,167
+ 13
>
is
1!) ',XI(!
33,--'6-<
61 I.7II
12-1,708
60. (It
13
14(1.3 7
17,631
j
per cent, but that
207
27f.2-i
8 -,132
4-.47<
OO.G M
i
1124,753, or say 5
-.38
+ 3 ,-(!
+2.124
••<2.9iO
>
—6.86-
in
Central, on the other hand, loses
lo,Sl3lt
4.608
23,5 ..i
86
631
414
42
303
340
330
295
190
143
170
86
67
105
281
144
738
255
70
325
201
3, 11
l.'2.704
41.^(ii
2(i3,-i 7
1-15.42
+9
24,8SI2
1
The New York
.70
71,301
this year 84,631,292, against only
said.
— 1.
12..5.'6
<t North ..
February Milwaukee
Mi»u. & St. Lo.iis. ...
Mo. Kau.it .exas....
years
$3,869,975 two
MisMMi I'a'ltiu
ago, and but $3,257,662 four years ago.
In Texas and MohiloJcOhio
Nashv. Ch. i 8i. L
the Southwest the only noteworthy feature is a heavy Nau-hrz Jack. Si Col.
N. V.Om. Ji Hull. K..
gain on the Houston & Texas Central at the same time Ne-> York Norili'i..
N.Y. Out. A Wesfrn..
that the Texas & Pacific shows a loss, but the latter runs Nortitlk dt Western. ..
Nonhern Pacilte
through north Texas, where it is claimed the crop is Ohio Inil. & West ...
Oaiu At .Minsissippi..
short. The Kansas & Texas likewise has a decrease, but i)ino River
*Otilo Valle.vof Ky...
most other roads in that section from which we have rooria D e. Si K.aus.
FittMliiiix
Western
reports make gains.
Our statement this time also Piesco t JcA.^riz. (Jent
Kli'h. A \ lei:h.uy .1
includes the Missouri Pacific, with increase of $88,898. K. tk it ii.sys(s ios.).t
Jo. Si 'i
island
Among the trunk lines, the Grand Trunk of Canada »l
Bi.UA.itT H.hi-i'h.H..
for four weeks of the month has a large gain, as already 81. IxiiiiN Ark. St Tex.
St. Louis it 8au I'Van
Here are nine
—23,133
287
«)4,433
2«.o5.i
UmUville
the ISrlnngar system.
220
5oi
398
209
We«l«ru..
IxiiiUv.N.AIIi.
3.2I»,UI1
245
'O
3.8
269
Feiulu'oke
LoiiX Inland
lu-3.5 19
+3, 10
1.016
vt
I..OI1IH.
644. 'Vu]
4,051
Kiuiijst. it
it
Lake Frlu A Western
Lehiuh .v Uutlson
Little Rock Jl Mem...
SM .mi
1,'
4,7!'ft
129
671
103
214
148
113
543
03
135
357
KeoKiik
854, 31
-4
20H,3l5
111
I
2(!B.'i7;
811.4^5
-15,9
!^IIH,
13:!.5!tl
Ohio..
Ha
818
294
RI8
294
1,016
267
(-.^7
1.56.270
2-H,:i4G
so .498
3.-B9.975
elltral
1
-1.809
no,
1 .5,762
*Kaii.C. Ft. 8. ife Mem.
'Nan. C. Clin. Ji 8p ..
Kf« ni-k.v Centifii
IH!.«81
«
We.st
iV
u
I
17.il2-
101.1471
73.1.3
lo^
(1,1)
..
10«.23I
734.6:7
-.T.i'
218.0941
e.uiin
B.
1
1888.
— 17.
—4,-N«
— 1,90.
131.III-.J
1 '5.. 4.5
Kanawha
*
11»."80
>Si
.54,(1.4
(37.l» 4
I)*<4.
1885.
27.X,J41
"
8
>t
Uuiitiiu'iloii
•.'8
I
."O.'HIH
.(MMI
3l,t.».l
101,10
Alaliiiiiui (11. South
N. O.
.N'oith Kiint.
Virkali. ,t .Muriiliau
Vii-kHli. Sh. &Piw...
has a gain of 101,758, or nearly 30 percent, this too
after a small gain the previous year.
rti*.
•(ill. hill. 81. L.
(;hi. .liufkHoii it,
The Mobile & Ohio
movement.
'
.
Canada ($132,346), the
National (*102,515), and the Chicago Milwaukee & St.
T^aul ($90, 439), but the best exhibits as a class come from
Grand
cuku.li Uliio.
licHii,
<
again has a very large gain
(I,
1
8'.2
(;h|k; t'ciU-iV YimI. ViU.
Pacific
4.'.02tt
1x1. ft:
13':.34
I
l""*-
Deerttue.
8"~
2O.,4'>0
a
MtUaar.
rtierrate or' .„..„
1888.
»~
Illinois.
The Northern
ntnUO KHt.
III
>
nU^'M
HJM
—
...
....
.
.
THE CHRONICLE.
350
SROSS EABNINOS FROM JANPABT 1 TO FEBKCART 28.
1889.
Jfame of Road.
1888.
Increase.
Atlanta & West Point...
Atlantic & Pacific
Buffalo Roch. & Pitts. ..
Burl. Ced. Baji. & No...
Cairo Vincennea & Chic.
Canadian Pacific
Cape Fear & Yadkin Val.
Chesapeake & Ohio
Cbes. Ohio & So.West
Chicago & Atlantic
Chic. & Eastern lUinois.
Chicaso Milw. & St. Paul
Chicago & Ohio Blver.
Chic. St. P. & Kan. City.
Chicago & West Mleh.
.
Cin. Georg.
&
Poits
New Orleans & No. E.
Vicksburg & Meridian.
Vicksburg Sh. & Pac.
.
& Ft. Wayne.
Cin. Selma & Mobile
Wabash
& Michigan
Cin.
Cin. Waah. & Baltimore.
Col
Akron
&
Clev.
Clev. Col. Cin & Ind....
Oin. Klch.
Colorado Midland
Ool. <fe Cin. Midland
Ool. Hock. Val. & Tol. ...
Dayton Ft. W. & Chic.
DenTer &
Elo Grande...
Denver & E. G. Western
City
& Alpena.
Det. Bay
Detroit Lansing & No.
Tenn.
Va.
& Ga
East
Eransville & Indianap..
.
EvansT. &T. Haute
Hint & Pere Marquette
Fla. K'y & Nav. Co
Fort Worth & Den. City.
Den. Texas & Gulf
Grand Eapids & Ind
Other lines
Grand Tr. of Canada..*
Chic. Aj Grand Trunkf
Det. Or. Har. &Mll..t
Texas Cent..
Humeston & Shenand'h
Huntingdon & Bd. Top.<
Ind. Dec. & West
Iowa Central
Kanawha & Ohio
•Kan. City Ft. 8. & Mem.
*Kan. City Clin. & Spring
Kentucky Central
Keokuk & Weatern
& Pembroke
Lake Erie & Western
Lehigh & Hudson
Little Rock & Memphis.
Long Island...
Kingston
.
.
Louisville cfe Nashville
Louisv. N. Alb. & Chlo.
Loulsv. N. O. & Texas.
.
..
Mexican Eailway
L.
Shore
& West'n.
Milwaukee & Northern.
& St. Louis.
Mo. Kansas & Texas
Minneapolis
Missouri Pacific
Mobile A Ohio
Nash. Chatt. & St. L....
Natchez Jack. & Col....
N. Y. Cen. & Hud. El v..
N. Y. & Northern
N.Y. Ontario & West'n.
Norfolk & Western
Northern Pacific
Ohio Ind. & Western
Ohio & Mississippi
Ohio River
*Ohio Valley of Ky
Peoria Dec. & Evans
Pittsburg & Western
Prescott &. Arizona Cent.
BIchuiond & Alleghany f
Elch.& Danv. (8 roads) a
.
St. Jos. & Gr. Island....
Bt.L. Alt. &T. H. Br'chs.
&
St. L. Arkan.
Texas...
Bt. Louis
S. Francisco.
Bt. Paul
Duluth
Bt. Paul Minn.
Man...
&
&
&
San Ant.& Arana.Pass..
Shenandoah Valley
,
Btaten Island Rap. Tran.
Texas
&
Pacific
Tol. A. A. & Nor. Mich..
Tol. Col. & Southern
..
.
Toledo & Ohio Central ..
Tol. Peoria & Western
Tol. St. L. & Kan. C
Valley of Ohio
Wabash Western
Western of Alabama...
Western N. Y. & Penn
Wheeling & Lake Erie ..
WlBConsm Central
.
.
Total (122 roads)...
Wet Increase
*
)
84,695
582,635
306,?19
188,940
105,327
104,319
68,154
23,496
71,775
334,581
99,002
1, 109.37m
233,365
52,032
396,954
78,145
1,064,6(10
211, S25
80,415
146,341
977,108
40,837
135,834
375,285
207,693
153,336
103,464
324,055
28,610
2,865,337
534,888
149,986
454,537
20.000
78,737
69,475
249,252
41,107
669,075
36,416
133,281
51,518
22,340
389,947
37,758
108,198
353,180
2,740,197
307.581
.
Marietta Columb. A No.
Memphis & Charleston..
Mexican Central
1
Mexican National
Milw.
14,458
381,103
193,344
7,7«6
395,67;
•Cin. Ind. St. L. &C....
Cin. Jackson & Mack. .
Cin. N. Orl. & Tex. Pac.
Alabama Gt. South'n.
»(;
89.489
477,115
306,54
421,756
104,072
1,719,938
66.508
664.099
324,518
317,409
419,982
3,332,410
.
472,463
14,677
329.459
924,138
553,824
690,224
357,407
161,059
178,390
893,623
1,853,616
561,953
568,707
32,128
5,171,880
84,335
221,933
770,112
2,329,181
229,354
606,477
70,475
15,298
116,404
295,974
21,799
185,354
1,844,888
168.195
159,084
516,705
834,568
130,558
876,257
166,129
110,000
93,41
956,006
138,072
35,206
157,511
143,332
136,581
87,203
891,952
107,498
458,190
140,311
486,492
52,583,827
84,573
411,422
Defreate.
$
4.916
65,693
4.1
,557
314,127
27.903
2,597,376
521,462
160,905
339,715
58,315
7,996
11,410
6,298
303,302
'',849
,^.. ....
.t
38,036
18,709
26,728
40,763
44,499
17,256
9,45S
1,841
3,408
6,775
37,016
17,884
16,249
57,229
6,707
6,472
5,303,18^
78,933
212,493
708.742
1,639,692
237,410
595,505
54,715
15,815
108,986
268,605
17,222
84,937
1,709,366
152,979
156,534
434,632
783,637
149,382
1,034,433
121,918
108,56
84,350
1,009,742
88,008
23,149
211,469
139,734
68,144
78,058
764,846
100,863
428,323
139,582
483,484
48,916,216
H. V. *Tol...
Det. Lanslne & No.
BTansT.& Terre H.
*
P. Marq...
'Qrand Rap.AInd.
Ohio & Mississippi
Total
•
J
l.t)«9,114
All lines.
1,698,176
i
Fourth week taken same
sas City,
1886.
1885.
|
I
t
1884.
I
+129,143
+109,252
+ 107,487
95,767
199.168
65.4981
111,334
172,544]
1 22,686
144,623
149,832
117,191
164,062
163.954]
65.710'
I29,3«e
92.081
46.21l|
48,848
189,580
54,534
173,500
187.111
8?,400
50.288
157,849
167,806
311,088
274,429
267,879
184,3«!
231,028
1,«30,5S1
1.455,534
1,302.360
1,338,74&
129.672
131,907J
Ind. Coal not Included here.
as last year.
Chicago
In the Northwest, the
7,247
886
AC-
Col.
Flint
I
171,667
95.293
198,671
160.643
208,724
71,880
Wash. &Balt.
Cln.
191
10,060
I
Chicago &Ea9t.Ill.
Chic. 4 W.Mich..,'
Cin.Ind.St. L.
129,405
11,437
10,861
11,865
63,240
2,035
1887.
'February.
*
80,739
10,601
St.
<fe
Paul, the St. Paul
the Milwaukee Lake Shore
&
& Kan-
Western, Mil-
waukee & Northern, and Iowa Central, exhibit striking
improvement. But the Manitoba, St. Paul & Duluth,
Minneapolis & St. Louis, Wisconsin Central, Bur36.538 lington Cedar Rapids & Northern and Humeston &
Shenandoah all report losses. AVe have already pointed
'»out that these Northwestern lines had to contend
.
9,696
21,431
18,484
58,907
9,928
against a heavily diminished movement of spring wheat,
although on the other hand there was no war of rates as
last year.
We annex a comparison for six years on a
few roads.
707
267,961
13,420
February.
1889.
1888.
18|7.
1886.
188S.
18S4.
10,919
114,822
S
5,961
7,204
15,672
43,026
1,029
82,137
2,562
Bur. 0. Rap. 4 Nor.
Ohio. Mil. 4 St. P.
Iowa Central
Minneap. 4
St.
St.
Paul 4 Duluth.
Paul M. 4 Man.
«
281,014
207.548
1,577,061
1,524.972
1,583,901
13J.59'-
107.961
97,889
102.357
93,000
109,234
120,692
65,593
482,257
84,871
552,012
103.366
81.913
434,809
67,885
410,137
202.537
1,345.496
85.992
113.162
66,808
395,217
2,669,071
2,052.146
2.438.287
2,472,040
2,199,213
816.128
1,676.500
St. L.
$
t
195.938
t
25,961
71,533
53,803
206,226
40,078
586,938
33,854
144,010
54,075
21,941
289,823
33,582
137,437
349,276
2,587,212
285,166
459,873
15,230
302.558
994,206
36H,854
631,330
277,659
137.693
195,934
918,099
1,651.524
418,202
519,641
29,960
noteworthy gains. The Toledo Ann
Arbor & North Michigan likewise has a large increase.
Below is a comparison for six years on a few of the
more prominent lines.
7,628
7,503
7,294
314,176-
429,259
111,366
1,639,199
55,904
722,414
316,522
305,999
413,684
3,029,108
6,609
251,693
181.907
7,987
357,636
65,986
555,907
265,456
144,441
88,071
94,861
64,313
20,088
65,000
341,808
88,141
1,097,514
170,125
49,947
396,068
68,085
1,101,138
174.809
62,531
130,092
919,879
34,130
129,362
384,981
18^,212
134,852
[Vol. XLVIII.
ern, etc., all record
$
Houston
1
'
$
201,964
1,317,0«4
99,164
96,491
54,951
407,446
2,177,070
]
10,729
2,557
Total
1
399
100,124
4,176
29,239
3,904
152,985
For the two months ending February 28 our
ment shows a gain of 1(3,667,611 on 122 roads.
influences and conditions at work producing this
state-
The
result
22,41.',
are
12,590
553
26,901
fully covered in the above review
and
in that for
the previous month.
70,068
186,ft70
58,394
79,748
23.366
3|00fe Notices.
17,444
24,476
202,092
143,751
49,066
The Tariff History of the United States:
A
Series of Essays,
W. Taussig, L.L.B Ph. D., Assistant Professor of Polltioal
Economy in the Harvard University. New York and London.
G. P. Putnam's Sons, 1888.
by
2,168
F.
,
131,307
Among
5,402
9,440
8,056
10,972
15,760
517
7,418
27,369
4,577
100,417
135,522
15,219
2.550
82.073
50,931
18,824
158,176
44,211
1,439
9,067
,,
53,736
56,664
12,057
53,958
3,598
68,437
9,145
127,106
6,035
29,867
who
has given the most attention to
volume before us is a colfrom time to time as the
result of his work; but they have been so far revised as to
form a continuous history and not a patchwork. The part
dealing with the early tariff history was originally published
It describes in detail the effect on different lines of
in 1882.
manufacturing industry of the various tariffs previous to that
of 1838, special attention being, of course, given to cotton,
woolen and iron. During all this period the infant industry
argument was the one most constantly used, the difficulties of
is
the one
the facts of our tariff history. The
lection of separate essays published
competition with the pauper labor of Europe having comparaWhile the history of the cotton and
woolen manufacture may have lent some countenance to the
arguments advanced by the supporters of the tariff, tliat of
tively little prominence.
iron leads to a distinctly different conclusion.
729
3,003
4,398.543
3,667,611
the younger political economiats of the country Pro-
fessor Taussig
61,370
689,489
730,932
Three weeks omly of February In each year.
t To March 2.
MexieaB ourrsncy.
a Earnings of entire system.
The roads in the Middle Western section which have
presumably had a large corn traffic, like the Wabash,
the Lake Erie & Western, Indianapolis Decatur & West-
The
duties,
according to Mr. Taussig, simply taxed tlie community; they
impeded, so far as they went, the industrial development of
the country and no compensatory benefits were obtained to
offset these disadvantages.
The high and ill-judged tariff of 1828 was in force too short
a time for him to analyze its effects with any confidence. The
measure of 1833, with its gradual reduction of duties, was a
mere compromise between opposing views, justified on political rather than economic grounds, and having all the crudenees of a compromise measure. On the other hand, the Act of
1842, raising the tariff, was passed as a political measure; as
:
I
'
i
j
Mabcii
THE CHRONICLE.
10, 1860.)
Callioun said, because the politicians wanted an issue. The
effect of theeo various ciianges on the commercial crisis of tlie
time is analyzed by Mr. Taussig. He concludes that while the
compromise tariff camiot be said to have cause<l the crisis of
1837 and 1839, the tariff of 1842 may have had some effect in
stimulating the industrial activity of those years. It is noticeable, however, that the expansion, such aa it was, contiimed
under tlie lower tariff of 1846; in fact, the growth of manu-
vmder
factiu-es
this tariff is
one o£ the most conspicuous
fea-
tures of our trade histoiy.
of the book wliich will be read with most general
that which deals with our tariff history since 1861.
taiiff measures when first passed were not so distinctly
The part
interest
Tlio
is
war
the result of the theory of high protection as is commonly suppased. The legislation of 1861 was avowedly an endeavor to
bring back duties, wliich had been unwisely reduced in 1857,
to the general level of the act of 1846. The measxires of 1803
351
rights of investors are subordinate to thta larger public trust
This position we believe to be thoroughly unHound.
Were it
accepted its consajuences would be distinctly bad.
In the first place, no investor would he willing to risk hia
money
in cor|H)rate enterprises on auch t«"rmj aa these.
I
would virtually render his property liable to confiscation. It
would give a warrant to the exercise of Government ixjwer in
ways which are always dangerous and usually destructive.
Tlie practical denial of property rights to the iflvesUjr,
merely
because ho happene<l to have put his property into a joint
stock company, would be totally subversive of all commercial
security.
It would invite a permanent condition of things
similar to that which has occasionally existed in those States
legislation went to a radical extreme.
For it
be taken for granted that such sweeping powers of regulation will not be exercised with moderation.
A legislature!
or even a Board of Railroad Commissioners will usually repreand 1864 were primarily revenue measures, to enable the Gov- sent the shipjiers rather than the investors. By reduction in
ernment to meet the enonnous drain ujion its treasury due to rates a definite political advantage is to be gained.
By
the conducting of the war. Some of the extreme duties imposed attempting to protect investors' rights any such popularity is
in these acts might, to a considerable extent, be justified, even forfeited. Unwise measures of control will be adopted, partly
from the standpoint of revenue taxation, by the necessity of on grounds of political expediency, partly because the State
offsetting the heavy burdens of the internal revenue taxes. Of authority is so constituted that it looks at matters in a one-
measure of effective protection was raised by these
Their chief supporters were protectionists. In the re-adjustment due to the change from ad valorem to specific duties,
or to the effort to counterbalance the effect of the internal revenue taxes, they took care that the industries affected should
have at least as mucli relative protection as before. But the
advocates of the measiures in 1863 and 1864 were far from taking the ground which is occupied by the protectionists to-day.
The transition to the present system took place more distinctly
fa the years immediately after the war, when the internal revenue taxes on manufacttires were done away with, while the
tariff which liad been intended to counterbalance them was allowed to remain the same, and was even, in some cases, raised
to a higher point than before.
>Ii-. Taussig gives a clear, and
it seems to us, not unfair analysis of the history of wool duties
at this time, wliich illustrates better than could be done by any
general statement how gi-eat was the alteration in these respects which took place after the close of the war. Tlie change
of sentiment on tariff matters is perhaps due most of all to the
gradual adjustment of industry to the conditions created by
the various measures from 1868 down to 1870. So much protection had been given tliat capital was mvested under these
course, the
acts.
where railroad
may
and short-sighted fashion.
Under existing circumstances there
sided
is a protection against
abuse because of the well recognized rights of investors.
The courts may not protect them everywhere, but they exercise a most powerful check on the more sweeping measures of
politicians.
Were Mr. Bonham's theory once adopted, much
tins
of this control
on the part of the courts would cease to exist.
were given a right to legislate against
If the State authorities,
corporations, disregarding the investor's interests as a purely
subordinate matter, they would be final arbiters in the case
where their convictions and poUtical motives would combine
make them one-sided and unsafe judges.
would think of subscribing the capital necessary
to
No
investor
for the build-
ing of railroads or other large organizations now managed by
should either have to do without
corporate authority.
them or let them fall into the hands of the State. The latter
have no space to dwell
would be the sure practical result.
on the evil effects which would follow from such a course.
Mr. Bonham is not a defender of State activity; and if he once
saw that this was the necessary outcome of his proposals, we
believe that he would modify them most seriously. Whatever
State ownership of corporate property might do, it certainly
would make its management less responsible to the public,
We
We
conditions.
It seemed to depend uiwn the mainte.
nance of these conditions for its existence, even when the extent instead of more so.
While agreeing with Mr. Bonham in his desire to see the
of domestic competition prevented the expected profits from
being realized. There has thus grown up a whole system of abuses of corporate power checked, we believe that the remedy
vested interests whose effort it is to maintain the tariff in sub- is to be sought in the opposite direction from that which he
All experience shows that a weak corporation is
stantially unchanged shape. This fact explains tlie increased ob- suggests.
Legislation which destacles in the way of the tariff reformers subsequent to 1870 as harder to control than a strong one.
compared with those in the period before it, and shows how it stroys corporate authority not merely interferes with the dewas possible for the last organized effort at reduction of duties velopment of the coimtry, but it often intensifies the very
to end in such a practical failure as the tariff act of 1883.
We abuses which the reformers desire to correct. Railroad dis
have not space to follow our author into his detailed analysis of crimination is never so active as when railroad organization is
the industrial and political history of recent years. We advise weakest. A bankrupt road is apt to be the worst sinner in this
our readers to look at the book for themselves, and let it speak respect. The Standard Oil Company, whose history is so often
cited as showing the abuses of railroad power, gained its pofor itself.
sition on account of the weakness rather than the strength of
IVDUSTBIAL LlBBKTY: By John Bonham. New York aud London. railroad managers in the years immediately after the crisis of
O. P. Putnam's Sons, 1888.
Mr. Bonham " ventures to make " a contrary statement,
1873.
This book consists of two parts.
In the first the author but inasmuch as his view of the matter is confessedly unsupiirtificial
the rise and liistory of corporations with special
r^erence to tlie more flagrant abuses of their power. In the
second part he speaks of those dangers to which we are liable
treats of
from the increase of Government activity in new directions.
The second will probably be more universally accepted by our
readers than the
first.
The author does not make the mistake, common to so manv
writers on corporations, of supposing that, because a private
or gua»i-public corporation does a thing badly, Grovernment
wiU do it better. Nor does he make the mistake of treating
our present corporation law as the independent cause of the
industrial evils
under which
we
suffer.
But he makes an
equally serious mistake as to the practical remedies which he
proposes. He thinks that corporations have been subject to
ported by proof,
least,
he
is
There
to accept his opinion as conclu-
is
We
rates than could be obtained without such organization.
believe in holding the railroads responsible for all abuses of
their power but the way to hold them responsible is to make
them responsible to give the investors actual direction of the
;
;
management instead of taking it entirely out of their hands.
To control corporations by making them weak instead of strong
has proved a failure wherever tried nor do we believe that
Mr. Bonham's methods would form any exception to the gen-
which, in a great many instances at
undoubtedly right. He also thinks that any sys.
tematic control must proceed on the theory that corporations
exercise a trust for the benefit of the] public, and that the eral
insufficient control; in
it is difficult
no evidence to show that the power o£ the
trusts at the present day is due to the strength of railroad power
behind them. They have often grown up in defiance of the
railroad power, and have attained their special facilities, in
cases where they have them, by taking advantage of the helplessness of the railroads. The clause of the Inter-State Commerce law prohibiting pools has been a direct means in the
hands of organized manufacturing capital for securing lower
sive.
;
rule.
i
THE CHRONICLE.
3^2
MiSERAL RESoohCBS OF THE Unitbd STATES: Un
cal Survey, IJi.vid T.
Day. Chief of Minlug S
tcd 8 »ies Geologi-
atistics an.l
Trehoology.
ties
XLVin.
[Vol.
are obliged to
pay a sinking fund
a time agreed upon.
Two
to extinguish the debt in
years ago Mr. Goschen funded all
pubUcations,
This is the fifth volume of a series of annual
Government by
issued under the auspices of the United States
to furnish
the Departmsnt of Geological Survey. The aim is
production and restatistics and information relating to the
and the
sources of the mineral regions of the United States,
the calenpresent volume brings the figures down to the end of
the short loans raised by the Government for this purpose into
a local loans stock of a Uttle over 36}{ millions sterling. Tlie
stock was handed over immediately to the National Debt
Commissioners. But at the beginning of last year a portion of
dar year 1887. The work is quite comprehensive in scope, and
coal,
besides treating of the leading mineral products, like iron,
considerable
devotes
metals,
precious
the
and
copper, etc.,
space to petroleum, natural gas, and has chapters on structural
materials, fertilizers, mineral paints, and mineral waters— in a
sion of the National Debt Commissioners. It beai-s 3 per cent
interest, and is guaranteed against conversion for a certain
this stock
was sold, and has since been quoted on the Stock
More than half, however, still remains in posses-
Exchange.
time.
Now the
Chancellor of the Exchequer
offering to
is
He
has already
secured the co-operation of the principal banks, and it is
word, eveything which is mineral in its nature or origin. For understood that a considerable exchange has been effected. It
the last three years Mr. David T. Day has had immediate charge is found, however, that by far the greater part of these old
of the preparation of the volume, and has succeeded in preserv- bonds is held by small investors, who, being scattered over the
exchange
this for
unconverted old threes.
ing and extending the usefulness of the publication. Care is country, cannot easily be reached and negotiated with. As new
taken to have the principal subjects treated by specialists, each consols arc only at about 99, and a couple of montlis ago were
not higher than 95}-2, it is not possible to make a new issue at
an authority in his own department or field of work.
Tlio Chancellor of the Exchequer wiU not issue them
par.
gaottjetarg5®0mmercial%ttgUsliileui8 imder par. Whatever amount of old threes, therefore, is not
exchanged against local loans stock will have to be redeemed
[f'lom our own oorrrtttooutient.
by means of short bonds of some kind. It is manifestly
London, Saturday, March 2, 1889.
desirable that in the present state of Europe the unfunded
has
been decidedly Armor this week, debt thus to be created should be as small as possible.
The money market
There has been a pretty general pause in speculation in the
partly owing to the demands occasioned by the fortnightly
settlement on the Stock E.tchange, wMch ended on Thursday stock markets this week. Tlie fortnightly settlement has been
evening, and partly to the large shipments of gold which have going on here in London, and on the Contineat the monthly
begim again for South America, South Africa and Portugal. liquidations have also begun. There has of late been a heavy
In two days tliis week the shipments to these three destinations fall in the shares of industrial' companies in Berlin, which has
exceeded £550,000, and it is reported that the exports to Brazil caused some anxiety. In Paris, too, there are causes for anxiare likely to be large for sometime to come. In consequence ety in the political situation as well as in the heavy fall in
the rate for short loans has been fuUy 3 per cent, and very copper mining shares. The refusal of certain companies
large amounts have been borrowed from the Bank of England. accept the proposals of the raih-oad presidents and the pubThe discount rate is nearly 2% per cent.
lished results of earnings by other companies in the last year
Owing, however, to the large borrowings from the Bank it have weighed upon the American market. Laally, there has
is probable that the market will be easier next week, while in been a decline in South African gold shares in which so wild a
a fortnight, or a little more, rates may be expected to decline speculation has been in progress for months. Still, British railconsiderably. Our financial year ends the 31st of this month, way stocks have maintained their prices and even advanced
and during the last fortnight the disbursements from the during the last day or two. Investment business also continues
Exchequer, as a rule, are largely in excess of the receipts. good. The demand for American railroad bonds is sti-ong,
The addition thus made to the supply of loanable capital in the but shares are neglected, and every week the amount of busioutside market often causes a fall in rates. Early in April the ness done is becoming smaller and smaller, with the result
interest on tho natioial debt will be paid, and there will be
that dealers are leaving that department for others in which
large amounts due also in the shape of dividends and interest business is more active.
on investments abroad. But towards the end of April or early
For the moment speculation is centered in the Burmah ruby
in May we may look for a sharp rise in money.
Already, as mining shares, mentioned in this correspondence last week.
pointed out in this correspondence last week, there is a very The shares were run up to a premium of 330 per cent days begeneral movement among the work people employed in the fore the prospectus was issued. Founders' shares of £1 each
manufacturing districts for an advance in wages.
In many were bought at £370. The issue was made on Wednesday by
cases, indeed, the advance has already been conceded. In the the Messrs. Rothschilds.
Some houi-s before the office was
rest it is almost sure to be given. There are symptoms likewise opened the narrow street in which it is situated was completeof a rise in prices. As the spring advances there wiU, for these ly blocked. So great was the throng that Lord Rothschild
reasons, and because of the usual spring operations, be a consid- himself had to get in through a back window to his office.
erable expansion of the internal coin circulation. Moreover, in The struggling crowd was forced through the windows not
May there is always a vary large expansion of the note circu- only of the Rothscliilds' office but of the housaa opjwsite, with
lation in Scotland, which usually requires from half a miUion severe injuries to some of the parties. At the samo time the
to three-quarters of a million of gold to be remitted from Lon- prospectuses were so difficult to get that they were sold at
don to the Scotch banks.
high prices. The selling of shares, however, on Wednesday
Although the rates of discoimt of the Banks of Bengal and must have been very large, for the premium fell from 350 to
Bombay continue to be 12 per cent, there has been less demand 250 per cent.
this week for India Council bills and telegraphic transfers, and
Copper mining shares have had another fall this week. A
the prices have slightly decUned. There has also been less great number of options came due in London on Tuesday.
demand for silver, the price of which has fallen about Jgd. They were bcmght when prices were much higher, and th«
per oz. The expectation of the Indian banks seems to be tliat majority of them consequently were abandoned. Tlie selling
the stringency in the Indian money market, wliich has comj
In Paris the number
that resulted was one cause of the fall.
much earlier than usual this year, will also end earlier. "Con- of options falling due on Thm-sday was still larger and the sellsequently they are not inclined to remit largely just now.
ing, therefore, gave further impetus to the downward moveAs your readers may recoUect, somewhat over 42J^ millions ment. There are, of course, all kinds of rumors flying about,
sterling of old three per cents were not converted last year.
many of which are ijrobably exaggerated. It is true, no doubt,
On the first of July the Chancellor of the Exchequer gave hat the quantity of copper in the hands of the syndicate is
notice that he would pay off this unconverted balance, and
on rery large and is increasing. But it is claimed that the syndithe first of July next the redemption takes place. In
the ::ate has money enough to buy all the copper that can be prnQueen's speech it was announced that a bill for that purpose luced for months to come. That may be so, yet the outlook
would be introduced. But already the Chancellor of the it the moment does not encourage that assumption. MoanExchequer is taking measures to reduce very considerably tin bime the Paris syndicate hopes soon to complete negotiations
amount of old three per cents outstanding. Tlie Governmen' vith the capitaUsts in London. Early next week, reprasenta-
&
is
in the habit of lending to the local authorities
which an
not in very good credit money for the purpose of effectinf
sanitary and other improvements.
The Government can
borrow more cheaply than these authorities, and the authori-
'ives of
the Paris syndicate will arrive in
London to continue
;he negotiations.
The tendency
is
very strong in this country towards the
amalgamation of banks and the establishment
in
London
of
:
MABcn
,
stock bank
and a Worcester bank. It thereby extends its Held
of oi)eratian, and at the same time largely increases its resources.
For many years i>ast private banks in England liave
been dying out, and it has been foimd extremely difficult to
establish now joint stock banks, while country banks without
London oflices work at a great disadvantage. Tlie result is
that the number of banks is rapidly diminisliing, and that the
influence of those remaining, both on the money market
and the stock markets, is becoming greater and greater. In
some resptx;ts, no doubt, the public interest is better served by
very largo and powerful banks than by small ones. But there
are several drawbacks. It is not always easy for a manager
with immense doiwsits to employ the resources at his disposal
safely and remuneratively.
If he is at all venturesome, he is
tempted into risky si)eculative imdertakings. It is obvious,
tot), that the more numerous the branches are the harder
is it
for the directors and the general manager to exercise due supervision over them.
new
to report of the
:
^
0p«n
UOLD.
Ijtndon Standard.
Trade
J&n. 2i
SH 2V«3 - 2Ki
reb
3
I
"
2
15 i
"
Uch
Wsi
THsc't
(.
8'1J
^'4-
-Hi*-S <«3« 3 ®SM3 aSJi
-2HmH 2«aSK2«@S«
-|a««
iHi - •«. -;25<» -iHaSH 2«*3H|2««3«
2« J - 2«<si - 2K'* - S leSJii 3 m%\3 Ii3>4
!!«,«- 2 lj« - 2Viii -SJi^Slj im3;4 2H'ia'^
8Ha - 21,.4 - 25(1:3 - 3 a3« 3 @3H s asH
8 3
"
Bills.
Joint
Threr
four
Ijlx
Three
^wr
Six
St«ck A.t 7 ton
Monltin Sfimtht itontlu Months afonths ifonthi Banks. Call. Days
ii
iZ 3
1 3
foUowsi
Bir.VBK.
London Wandarit.
Feb. 2H.
reb.n
ftb. »l.
.
d.
Bar KOld.Sn<....oi
Bar (old, oontaln'g
80 dwtH silver. .og. 77 JO
BarillTar.
os.
Barillrar.oootalnInjtSKrs. ROld.ns.
8pan.doub]r>ons.os.
Ckkesllrer
S Am.doubloons.oi.
Mexican
4.
4.1
<a
I
Ma
48
I
-IS
4fll-W
oi.' 4'J
T-M
dnl>.,.. OS.' 41
The following shows the imports of cereal products into the
United Kingdom during the pjist twenty-six weeks of
U>a
season compared with previous seaaons
:
I.H^ORTS.
1SR9.9.
,™
1887-8.
188(1-7.
18R.'J.«.
"heat
owt. 3l.r>in,'>i2
Barley
Oats
Peas
21..l.->-,8.Sl
m.m.
.O.-il
2.').3(!.'j,20O
ll,230.:f()l
10,;il!l,713
8,018.291
1,10«,2(H
8,828,381
1,^10.303
1U,8M(|.<!:^9
7,t,71.1.'Sl
7 01»,7ftS
5.281,403
1,2(!0,153
l,<J2it.217
l,r)32..')5i)
l,IOiJ.3>8
l,a74.3-0
13,1M,547 11,332,9-0
13,-<fi8,327
1.712,842
13.S79.70I
7,104.901
Beans
riidian
corn
Flour
7,79J.1S2
9,488,323
8,412.23i)
Supplies available for consumption (exclusive of stocks
on
September 11)
Imports nfwheat.cwt.
Imports of Hour
188'=-9.
31.518, -'42
9,488.32,'5
188R-7.
25.847,051
8.412.2 9
2J,270.s73
18,299.272
7.104.901
23.049.3S5
56,218.029
52,558,562
55,519,523
188r-8.
21.4.58,831
7,79 i,4'>2
Sales of home-grown. 18.920,275
58.231,909
18S8-9.
Aver, price wheat
Aver, price wheat
2Hs.
5d.
1887-8.
30s. 2iL
season. 3 Is.
Ud.
303.
week.
2d.
18815-8.
25.30.'5.296
18i,8-7.
32s.
32s.
1885-6.
298.
30s.
7d.
7d.
S-*
6d
EnKlInb Financial ITIarkeU— Per Cable.
The daily closing quotations for securities, &c., at London
are reported by cable as follows for the week ending March 15.
for depoBiU by
Bunk. BUIs.
for btillioa are reported aa
Interest allmoed
marfc«C rata.
Lonior,
353
The quotations
Total.
nothing
wheat market. The
is much colder, with hard frosts at night and frequent
snow flurries. But although prices are fii-mer, there is no
material change in the tone of the market.
The rates for money have been as follows
is
,
THE CnRONICH'l
16, ISfO.J
the head offices of country baiikH. A few years ago a large
BirmiiiKliam joint stock bank bought up the businesses of two
private l)aiiks in London, thereby acquiring an estabhshed
London conmHition and saving tlie exj)ense of an agency liere.
The sanio bank lias now bought up another Birmingham joint
There
weather
:
2
15^2
1«
1«
1«
!« IH \H
^H IH-\H
2 2M-2H
1«
IH
2
,2!^-«Ji
2
2H2X
.2
Lonetm,
Sat.
ifon.
Tiiet.
Wea.
THuri.
Fri.
per oz
d. 42 V,
4 2 "-3
4212
42 >9
42 >3
42Hi
0on8ols,new 2% percts.
97',,
97' IS
97»,8
»7',6
97%
do for account
9711,0 9711,
97%
97%
97'8
97»8
Fr'oh rentes (in Parts) fr. 84 87'Sl 84-87 "« 85-25
85-80 8a-,N5
85-30
Silver,
U. 8. 4is8 0f 1891
U. 8. 48 of 1907
Canadian Paclllo
110
132
531.J
& 8t. Paul.... 64%
Erie common stock...... 20 '4
Chic. Mil.
Ulliiola
113
Central
Pennsylvania
Philadelphia
Sew York
&
5578
Reading.
231.1
110%
(V-ntral
110
132
.50%
63%
2S%
111%
5518
22=8
110>4
110
132
51
110
132
110
110
.Tl31
131
5u%
64%
28%
50'8
65
6458
2918
II214
5514
2918
112%
112%
5,5i3
•2278
22%
110%
110>9
50
63°»
28 •«
112%
551a
55%
2'-"V(
2-2%
ll(i%
110%
Tlie following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c.
compared with the last three years :
National Banks.—The following National Banks have
1888.
1888.
1887.
£
£
S
£
Oroalatlon
23.012,46;
23,183,670
23.731,095
23,9S6.5<5
Pabllc depoBlta
10.tl2^.9S0
11.7.-9,OS0
8,908.801
8,i62.414
83.335.534
23.238,807
16,245,832
21,415,648
84.127,5i»
13,633,141
23,5i0,914
22,88S.«77
22,7S2.25»
H.>«5,357
15,787,0S7i 15.300.182
14,48J,157
21.';27.823
22,770,737
41'^
22,618.732
Other deposits
OOTernment
seciiiitlei
14.-l!i»,881
Other seoaritieH
Eeierre of notes and coin
Coin and bnlMon
Prop, assets to ItabUities
Bank rate
Consols
Clearlng-Honse retarn
p.
23,281.217
14,318.078
80.6(!0.087
40
40
4 P.O.
8 P.O.
2« p. c.
102 7-18
100 11-16
101 1-16
127,085,000 143,101,000 150,285.0y( 156,430,000
8 P.O.
lOOH
recently been organized
3,983— Tlio First National Bank of QaincsvlUe, Gi>orzia. Capital
$50,000. Ratliff Palmour, Preiident Jas. W. Smith, Cashier.
3,984 The Wolfe City National Bank, Texas, Capital, $50,000. John
A. Pierce, President: G. W. Eastwood, CasUiiT.
3,085— The Naiional Bank of Commerce of Dallas, I'l-xas. Capital,
:j:00,OiO. D. W, 'J. Harry, P esident; A O. Will-, Cashier.
",986— The Eustdne National Bank of Eufrene CItv. Oregon. Capital,
$30,- 00. John K. Harrii, President; Walter T. P«.t, Cash'r.
Capital.
3,987—Tlie Cone^toga National Bank of IjaucasU-r, Pa.
$l.'5,u00. David B. Landi.s, President; Albert K. Hosteller,
:
Cashier.
Citizens' National Bank of Lebanon, Ky. Capital,
F. Wilson, Pre.sideut;
.Cashier.
3,988— Thi-
9 .00,000.
Imports and Exports for the Week.— The imports of last
week, compared with those of the preceding week, show an
The Bank rate of discount and open market rates at the
drv goods ancf general merchandise.
increase in both
chief Continental cities now and for the previous three weeks The total imports were .$11,761,915, against $10,741,073 the
have been as foUows
preceding week and §8,9.51,764 two weeks previous. The
exports for the week ended March 13 amounted to $7,608,595,
against $6,7.54,657 last week and §6,003,660 two weeks previous.
March I.
Feb. 22.
Feb. 15.
rti. 8.
The following are the imiwrts at New York for tlio week
Interest at
Bank Oi>«n Bank Open Bank Op«n Ban* Open
ending (for dry goods) March 7 and for the week ending
WiU. Market Rate. Market RaU. [Market Ratf. Market (for general merchandise) March 8; also totals since the begin
:
1
~~3
Paris
Berlin
Amsl erdam
Brossels
3
i>i
2ii
»%
2
2«
3X
2
8
Dry Goods
3«
sw
Qen'l mer'dlse..
8M
4
sw
4
3)«
3«
6
e
a
a
3
3X
8'A
4
3
6
6H
Peteraburir..
3
Massrs. Pixley
bullion
m
1«
8K
4
Vienna.
fit.
4
4
6
H
& Abell write
.1
3
2H
3
:^
i«
3
8
3
3
3
8ti
1«
1«
Gold— Or.liTH
as follows on the state of the
IT.
for gold
Tim
li
a kU
ive again l)cen rooplvcd for India, but for
no
piiiclia,s.d £l.'^9,000andh,issold£l70,00(),
Cap«, SouMi Aniei lea and LIslmu. Anh als:
rroiii Bu.-nos Avmm. i 2 00ii; Sow Zcalaid. £3S.<miO
Ai siralla,
ioS.onO; CoMt ;il Aiiin iiii £1.^.00'! ?outU Africa, £7.000; New Yoik.
Kliii'ini-ntH: To Uoiubuy, per •' Vict ria."
o.IJV.'^V'"'"''""' >;:' "'"lO
22d lebniary. i;j-...iO'>: per "C yd«." ath F.brnary. £.W,000.
bllvui-- Ml Imimiv nieiii to k plac» In silver on the lUh lo 42%d..
uut on the -(i h ;i fiM ociined ti> i'Jwl., at which rate the niarke; lian
Bnoe 'eniaMi-.l f.i Iv «iKad>. ArrlvalB: Kroiu New York, fwn.ooo;
Buenos A vri"'. £-,;().0 lo; hil«, £;n,OliO.-t. tal, £134,000. Shipni.ntH:
'" " "'I'ay. ^Vid February, £154,000; per 'Clyde,"
,,,'' "''
SSr.
28th Fcbriiiirv. £1 'i4."' (I.
which
|pa,s
been
tur
iVeek.
.-
wiit. lo til-
week
in January.
FOREIGN IMPORTS AT KF.W TORK.
1886.
1887.
1888.
1889.
$2.912,!>64
5,984,7;-3
$2,639,108
6,513,923
$3,010,640
7,-9S.1.5S
«4,0P0,77«
7,761. 149
$8,397,357
$9,153,031
$10,903,304
•11.761,915
$30,508,476
00,208,237
832,840.=D2
Uen'l mer'dlse..
$27,477,942
57.522,717
J33,7»3.fl04
6 ,833,306
Total 10 weeks.
$85,00ii,659l $90,806,713
Total
Axce Jan.
1.
Dry Goods
market
other iiuar
first
3
Madrid
Oopenhai""
ning of the
2X
Hi
3
8
Frankfort
HamburflT
~3
3
3
3
8
6ti.0-A.!i'2
$98,870,464 $101,617,210
The following ia a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for tb«
week ending March 12 and from January 1 to date:
K.XrORTS FROM NEW YORK FOR TIIS WEKK.
:
;
I'"""" Tiiciu have been d<>Hlin>;< In Mexican dollars at
K
^'k'S','^!'",
DOta
41'a.l. and I l',.d. »lnce our last. The latter price is thr- (luotatlon
lor to day. hw la s.ira-what nuiuiuiil. Bhlnped to China
and the S. rails,
PecP &0. atcamiT, J5J;i,lt#l.
1886.
$.5,419.81fi
1887.
*6,37-t.200
1888.
$5.709,»»*-«
1889.
»7.69-'.595
For the we<'k..
Piwv. reported..
60,695,-61
62,627,112
53,811.661
61.369.230
Total 10 week;.
$56,1 15.707
$59,001,312
$.•9,520,747
$69,067,834
The following table shows the exports and imports of specie
at the port of New York for the week ending March 9 and
since January 1, 1889, and f<?r the correspondmg periods in
1888 and 1887:
.
.
.
1'
;1
. .
1
THE CHRONICLE.
364
EXPORTS ASD IMPORTS OF SPECIE AT NEW YORK
ExporU.
Since Jan.\.
Week.
$2,500
Great Britain
$1,322,396
20,950
IMPORTS INTO
•
Imporit.
\
Since Jan,l.
Week.
261.773
3,000
1,146,530
51,100
li5',449
Itexlco
Boutli
America
285,850
A'l other oountrles...
Dry
$
9
746,565
581,625
84,491
14,588
38.862
67,195
l6l',325
West Indies
Month.
4.600
5,259
18,559
$433,799 $2,805,749
2.744.919
280.765
3,100,565
149.595
$129,143
582,725
$1,533,326
1,671,772
3,330,758
4,551
Import*.
Mxports.
1888.
1888.
Oeneral
Uercharl'
Use.
Dry
2otat.
eoods.
diee.
t
.
Total....
Total 1889
Total 1888
Total 1887
NEW YORK.
Qeneral
Merchan.
Goods.
Jannary
Febrnary
XLVm.
[Vol.
*
15.530.717
30,359,200
6sJ.001.847
91,781,975
31,«42,537
13.798,088
i!9,783,l28
NEW
EXPORTS FROM
*
»
47,628,717
11,158,258
15.984.i00
Total.
*
11,299,496
t
85,357,510
80.181.138
44,783,632
29.830.243
55.841.878
85.671.019
40,888,287
CUSTOMS RECEIPTS.
YORK.
At Nim York.
Total Merchandise.
MontK
Month.
1868.
1689.
MnceJan.!.
Week.
SiticeJan.1
Week.
*
$122,231
Great Britain.
$3,079,181
52,400
15,9C8
3,44'9
Mexico ... .. ........
Boutli America
8.822
All other countries...
74,188
'7,519
$3,230,559
2.669,628
1,808,170
$10,968
58,005
9,170
$122,231
398,920
113,545
Total 1889
Total 1888
Total 1887
January.
9
9
60,746
29,144
5,619
213,647
.
$314,156
451,244
366.739
Of the above imports for the week in 1889, $9,639 were
American gold coin and $.5,399 American silver coin. Of the exports during the same time, §353,000 were American gold coin.
30,158,111
24.055.029
February.,
86,242,020
88,342.257
Total..
58.383.104
50.387.288
.
January
February
Total
11,031,760
I
13.196,181
18,954,911
10,80»,«8a
26,880,861
21,308.603
—The new firm of Messrs. Farson, Leach & Co. has just been
transact a banking business in this city and Chicago,
and wiU make investment securities a specialty. The
gentlemen composing the firm have had large experience in
then- line of business. Mr. John Farson, the head of the firm,
f oi-med to
&
Co.,
until recently a member of the finn of S. A. Kean
of Chicago, while Mr. A. B. Leach was formerly manager and
cashier of the same house in their New York office. Mr. Duke
M. Farson was also manager of the bond department of Messrs.
Kean Co. in Chicago. It will be obsQfved that they have aU
had the benefit of the most practical information in dealings
relating to railroad, city, State and town bonds.
—Mr. Henry Clews' " Thirty-Eight Years in Wall Street '' is
among the most interesting books yet published, containing
personal reminiscences of our financial celebrities and notes on
our financial history. Mr. Clews speaks as a personal witness
of most of the events recorded, and a personal acquaintance of
most of the distinguished characters mentioned and hence
the greater vivacity of his memoirs, and the greater interest in
his accounts of the notable occurrences. To anyone who lias been
connected with " the Street " in business relations, or who has
curiosity to read of the gi-and speculative moves of the past thirty
yeare, Mr. Clews' book will be found well worthy of perusal.
was
&
New York
1889,
9,
is
as
Bank Statement for the week ending Mch.
follows.
We omit two ciphers (00) in all cases.
City
BANKS.
Loan<
Capitol. Surplus.
Specie.
LegaU.
2,000,0
2,224,0
1,804,8
2,062,0
1,956,4
13,220,0
10,842,0
8,582,9
80!>,0|
8,436,0
706.4 10,320,2
168,0!
3.827,0
1,642,0 12,205,3
197,8
2,803,7
689,3 23,24'2,2
678,8
4,531,1
422,1
5,035,8
133,3
2,112,1
338,0
2,872,0
113,5
1,'201.0
210,1
2,688.1
51,4
1,387,5
307,0
2,906,5
2.172.0 15,114,0
2.014.1
14,343,1
260.1
5,762,8
1,006,8
9,134,2
322.7
2,847,9
740.3 13,709,0
459.5
5,606,9
118.0
2,635,2
232,5
1,363,1
667,1 17,061,6
294,1
3,089,0
268,4
3.089,8
300,1
3,012,6
239.4
1,002,0
Deposits.
lOO« omitted.)
Bank ot New York..
Miknliattaii
America
Fheniz
City
Tradesmen's
Chemical
Merchants' Exch'nge
Gallatin National
Butchers' & Drovers'
Mechanics' & Traders
Greenwich
Leather Mannfact'rs.
Seventh National
State ot New York.
American Exchange..
300,0
200,0
279,8
160,5
200,01
85,4
600,0
300,0
503,6
73,9
454,2
1,200,0
5,000,0
6,000,0
.
Mercantile
700,0
303,9
824,5
652,4
239.8
466.8
Hanover.
1,000,0'
1.104,7
Irving.
Citizens'
600,0
600,0
600,0
T.W.O
500,0
600,0
1,000,0
1,000,0
300,0
264,9
378,6
167.3
663,4
211,3
211,7
Paolflc
422,7
Bepnblic
1,500,0
4S0,0l
200,01
Chatham
Peoples'
North America
Naggan
Market <& Fulton
St. Nicholas
8hoe<& Leather
Corn Exchange
Continental
Oriental
Importers' dt Traders'
Oentral National
Second National...
Ninth National.
.
First National
Third National
N. Y. Nat'l Exchange
Bowery
New York County...
.
Avenue
German Exchange..
Fifth
Germanla
,
Lincoln
,
Garfield
,
Filth National
Bank of the Metrop.
West bide
200,0
600,0
200,0
Seaboard
Sixth National
Western National..
Total
1,078,7
3,500,0
1,516,4
2,305,2
2,375,4
2,948,7
9,263,8
4,118,9
2,744.0
2.527.8
5.684.6
3.052,8
2,763,4
1,519,2
4,200,7
2,0:0,0
3,312,0
1,810,1
10,867,8
211,2
127.5
80,8
152,8
Capital dt|
Surplus.
Loans.
Specie.
Lefiats.
I
N. YorkT
Feb. 9...
"
16...
"
Mch.
"
23...
a...
9
..
Boatan,"
Feb. 23
Mcb. 2
"
9
..
..
Vhlln.*
3,557,0
607,!.-
7,538,4
643.5
866.3
600.0
119.0
137,6
468,8
269,8
310,7
1,721,0
2,660,0
1,081.1
1.238.4
136,4
2,864,4
863,6
305,4
545,2
4,391.6
653,4
504.7
232,5
803.8
251,6
652,0
976,9
066.0
189.0
4,918,1
4,635,7
84,3
211,3
3.357,2
1,325,0
1,223.0
1,186.8
4.320,8
1,768,7
294,3
601,5
606,5
600,6
2,714.3
937,8
108,0
140,5
1,314,8
918,6
337,1
328,8
1,018,4
366,0
638,0
486,0
1,913,2
592,0
804,4
132,0;
1,9'21,2
387,0
3,762,0
5,715,6
6,919,9
218,0,
491,0
306,9
2,100,(1
1,829,0 25,718,7
2,059,5! 2(3,003,3
134,4
137,1
1,559,1
1,102.0
2,113.6
1,470.7
19.079,5
9,953,0
1.30.0
4,811,0
331.1
5,745,3
2.332.9 23,049,7
325.0
7,901,2
124.7
1.535.4
111,0
2.711.3
174,8
2.976,8
139,8
2,986,9
657,9 11,180,8
121,6
1,185,8
650,3
i«, 352,5
338,7
2,715,6
24,1
5,983,2
318,11
4,005,2
370.4
3,162,3
221,7
1,833,3
269,9
6,086,9
214.0
2,311,0
463,0
1,007,0
1600 2,110,0
1,120,9 10,355.9
36.072,0
36,281,7
35.292.1
35.527.8
35,204,9
;
—
Messrs. Griswold & Gillett offer in to-day's issue of the
Chronicle, under the heading of "Banking and Financial,"
an opportunity for investment in city securities worthy of the
notice of investors.
Uaited States Sub-Treisury.— The following table shows
the receipts and pajanente at the Sub-Treasury in this city, as
well as the balances in the same, for each day of the week.
Balances.
PaymenU.
j
$
p„j„
Coin
2,769.606 151,100,308
2,683,907:131,177,4,12
2,176,882:151,276.166
2.442.522 151.439.196
2. 457, 280' 151. 590,8 9
2,52S.o47il5!. 787,947
Total
.
15,870,2221
Oert'B.]
Ourreneif.
$
I
17.732.229: 17,089.724
17,566.833, J16,951,070
17,204,481
17.193.014
17,434.129 17,216,743
18,540,7311 17,133,469'
18.165,934
17.50'i.H88
15,05s,744'
Auction Sale?.— The following were sold at auction by
Messrs. Adrian H. Muller & Son
:
sharo.
20 Chatham National Bauk .276>3 1(0 Uuion Phospliate Miniu^.'
50 c. per share
Ca.sualty
&
Land
Co
Fidelity
&
Co.
of
20
103
500 Oiimshaw In.sulated Wire
Now York
per share
Co
$110
Dumping
Boat
Co.
15
i
Cable
Barney
44
20 Prudential Fire Ins. Co.. 89
25 N.Y. Produee E.vcli. Bank.llO
B'klyn.llSJfl
Co.of
Nat.
29
Phenix
lua
Continental
Bauk
130
31
14
10 The Western Imp. Co
40 Brush iClectric Ilium. Co.. 85
Bonds.
$50
100 Consumers' Coal Co
$1,000 Broadway Surface
25 Peoria & Bureau Valley .105
RR. Co. 56, 1905
6 Mechanics' Nat. Rank ...196
85H
6 Seventh National Bank 131
$6,0 '0 Metropolitan Gas-L.
119
Co.of. .N.Y. 6e, 1901
313 Passaic Zinc Co. ot J. C. 91
$4,000 N. Y. City 7a Croton
110 N. J(!rsey Zinc & Iron Co. 85
90
Water Main. 1900 .... 1 39 & int.
50Ccnt.Pk,N.&E.Kiv. RK
20 Second A v. ER. Co ... IOOI4 $1,030 Chic..* Can, So. RR.
RR. l.st M,cp.&ep. scrip 5^a
T" Nat. Broadway B'k.304ia-309
$1,000 Oregon Pae. RR. lat
100 Walnut GroveWater Stor62
$1«
6a. 1900
age Co
100 Gtnnania Fire Ins. Co.. 160
$7,530 Coup', from So. Car.
bonds, issue of 1869... $35
191
90 Greonwieh Ins. Co
$500 Columbia Water Co. 1st
8 Oswego Starch I''aotory..lO0
280
6». 1903
_
.Shares.
.
Dej)OsiU.*\Circ'l'n Clearings.
S
-L
165, 3 408, 013,9 88,820,6
165, 3 lOS.i004.6 90,536,0
165, 3 108, 955.9 00,022,9
,163. 3 113, 0(11,2 86,266.5
,904, 8 417, 070,3 82,976,1
I
$
I
£
434,938,5'4.380,3
138.088,41. 356.0
438,299,4 1,3|JO,0
43>'.093,(l 4,323.9
138,770,8 4,354,1
740.354,2
5,411,3 128.639.7 3.019.1
4,997.9 128.514,3 3,023.7
4,662,5 128,767.3 3,032,7
81.194,4
93,574,5
87,028,1
718,09!1,2
55.i,708,3
640,8i(l,3
670,180,8
l^anMug aad
Iftaaxxcial.
WE OFFER SUBJECT TO SALE
.\.
LIMITED AMOUNT OF
•
I
,043. 5 162, 910,9
,043, 5 152,,308.9
,043, 5 152, 524,7
Feb. 23...
34,6,'>2
Mch.
34,552,81
a...
9...
794,0
1,220,0
60.762.7 53.142.1 417.070,3 e2,976.1'38.264.9'438.770.8
.
Banks.
2,622,0
1,224,7
3,432.7
1,394,9
3,622,8
17,344,0
18,677.8
6,687,3
8,404,3
2,920,0
12,564,8
5,341,3
2,140.6
4.383,8
15.047.0
2,878,0
2,947,2
2,693,0
4,014,0
2,132,5
3,063,0
6,330,9
5,046,3
2,160,0
23.900,2
21,264,5
2,081,7
1.332.0
18.400,6
8,312,0
3,877,0
5,301,6
23,790.9
7,054,0
264,6
353,6
1,500,0; 4,277.8
2,000,0' 1,868,7
107,8
240,0
120,6
250,0
3,200,0 1,358,4
496,6
2,000,0
212,0
300,0
289,7
750,0
500,0 6,15'i,5
237,8
1,000,0
122,6
300,0
250,0
361,6
130,2
200,0
207,5
750,0
500.0
631,2
100,0
673,2
200.0
389,0
354,2
200,0
500,0
505,3
300,0
217,3
251,4
200,0
150,0
252,4
300,0
428,0
Park
North River
Xaat Biver
Fourth National
United States
3,753,1
5,950,2
1,927,2
1,606,2
3,133,4
1,000,01 1,549,6
695,4
1,000,0
Commerce
Broadway
German. American.
Chase NatlonaL
13,280,0
10,247,0
8,001,6
8,962,0
11,246.4
4.520.0
9.946.7
3,015,6
20.825,2
1,562,2
1,171,5
798,3
2,000,0; 1,640,3
3,000,0 1,868,1
523,1
1.000,0
1,000,0 2,335.0
213,3
1,000.0
800,0 5.809,3
104,2
600.0
1,000,0 1,280,9
2.000,0
2.050,0
2,000.0
Co
Merchants'
Mechanics'
8
31.S62.8
93.070,0
93,546,0
91.117.0
9,330,5
9.477.8
9,737.5
23,691,0
26,524,0
26,262,0
«.%Tfa?"heirem"'Pmrrt"o;ther"baXT
93.812.0 2,316,0
94.207.(1 2,316,0
93.504 2,316,0
+ I'x'l-'^-e. 'or
68,062,2
67.207.5
68,446,9
Boston and Phlla-
FOREION Trade op New Yobk— Monthly Statement.— In
addition to the foregoing table?, made up from weekly returns,
we give the following figures for the full months, also
by our New York Custom House.
the total imports of merchandise.
C^iiincy,
111-,
4r
l-*-i
r*ei-
SO-Yeai- Ootids.
CRISWOLD & GIM.BTT,
issued
The
first
statement covers
3
^VALL STREET,
N. ¥.
cent
.
March
:
:
16, 1889.
IHE CHRONICLE.
|
gawliers^ (^uitttt.
gjhje
DIVIDBNDSi
When
Narnt of Company,
Cent.
Payable.
Booke Oloted,
(Day$ inelutive.)
Railroads.
Chic. Mil. & Ht. Paul, pret
Clcv. A JIaliiiiiiiiK Val. (quar.)
Con iKMt ItMi t Kl ver (quar.)
U^litKh Valley (quar.)
April 26 April
2
April
1
April 1.5
April 10
April 1.5
April
1
April
1
2^ March 10
m
t'hatl. \ St. Louis (quar.).
N. Y. V. .V llmlsdu UlveiMquar.)..
N.Y. N.n. ,v llaiifdrii (quar.)
NasUv.
K'v ,v- N'avlKatlou (quar.).
Pltisb. V.>ui(L.-»I'ii\- A.<b. prof
PriiviiliiH ! ,v WDicester, (quar.)..
1>B
On-iriiii
A-
2
2>a
I.ewiatowu
licU
Telephone
3
(quar.).
Philadelphia Co. (monthly)
Western I'niou
1
1'4
(quar.)
HTKEET, FRIDAY,
\V.\I>I,
to April 2t>
17 to
13 to
31 to Apr. 11
10 to Apr. 17
13 to Mar '24
lit to Apr.
1
1.5 to Mar. 24
13 to Mar.30
1
On dem.
Jefferson
IVllMrolIaiinouit.
American
1 1
March
March
March
March
March
March
March 25 March
March 30| March
April
luaiirance.
Continental
April 13 April 1 to April 13
March
March 1.5 to Mar. 2.5
April 15 March 21 to Mar. 31
—
March
and many others so far as reported in the curshow a remarkable improvement. The conclusion is
naturiilly drawn that market influences have much to do with
it, and that the present disposition of some of the magnates in
stock speculation must account in some degree for the present
guilder.,
aS®%
15.
matylkty$.
Dtmond.
V
total is $661,100, all 41^8, mostly at 108.
The total payments made for bonds purchased from April 23,
1888, to March 9, 1889, were $145,231, .588.
The statement for
this week is as follows:
Miirch 15. I888.-S P. M.
rent year
^?i<A5H:
Prime bankers' sterling blUs on London.
4 8e>*
4 8»is
I'rimc commercial
4 84^*4 80
Documentary commercial
..." 4 84>t«4 84%
Paris (francs)
5 20 «0 19% 17>ssS 16
'..
Amsterdam (Kullders)
403.««40>4
40%«4(n,.
Frankfort or Bremen (reldunarto).
9a»96's
95% « 994
United HtaicH Bonds.— Oovemment bonds continue to be
dealt in to only a moderate extent at the Stock Exchange,
and
there is no cliange of importance in the market. The new Seer©tary of the Treasury has made no announcement of any different poUcy in regard to bond purcliafles. Tlie purchases this
week are smaller because the offerings have been limited: the
Market and Financial Situation.— The week
closes with a rather dispirite<l tone in Stock Exchange circles.
...
Without any decided cause, and even in the face of some very Satordar
Monday
of these roads
were: Francs, 5 l»U(J|a 20 and 9 VlKi&a l«K
rates of leading bankers are as follows
4M Per
1 hf .Moimy
gDod facts in the railroad situation, the stock market has been
It seems late now to sell Missouri Pacific
dull and depressed.
or St. Paul on the poor earnings of 1888, when the net earnings
bills
865
Ztm^}^!^®'^^* "^
The
Tbe foUowiug dividends bavo rcceutly been announced
Simbury
:
Taesday
Wedn'sday.
I166.700
4^.500
817,000
Ki.OOO
Tbaraday...
Friday
469.900
190,000
Total.
.,
SinceAs.2S.
1,101,100
.
CmU
dtu 18»1.
The closing
$156,700
12.500
»17,000
25,000
69,900
160,000
661,100
73,725,650
107« 4108
Periodt
OJerintt. Pwrck'm.
%
PricupaM.
%
10!)
109
loa
108
108
700,000
50,000
100
107J<-108
790,100
ioe«-io9M
prices at the N. Y.
Interett
tone.
«Pm- C«nt«dlMlM7.
Oftringt. BureVtt- Pricn paia.
S1.3S7,»00
iM-Tgl'iao
Board have been as follows
ilarchMarch March MarcliMareh March
9.
11.
12.
13.
14
13.
1
1891. ... -reg. Q.-Mar. -107% 108 *107''8*107%-108 *108
The report of the Missouri Pacific, issued this week, and the 4'28,
4>a8, 1891.... coup. ( .-Mar. *107^*107'8'*107-'8 107?i*108 1*108
..reg. C .^an. *128'2! 128 "a 'Vli-^ '128>4 n-28% *128'fl
reports of most of the roads in the far West and Southwest, 48,1907
( .-Jan. *129i2
48, 1907
129%*129'a'129'4 1-29% 129'a
show a bad state of affairs in 1888, but probably not woree Os, our'cy,'95. ..reg. J. * J. •120 1*120 1*120 *1'20 ,•120 *120
6s, cur'cy,'96. ..reg. J. & J. *122%*122%|*122%-133
123 *123
tlian the pubUc had supposed
from the monthly re- 68, cur'cy,'97. -reg. J. A. J. *126 1*126 1*126 j'1-26 1*126
*12e
turns of those companies which gave their earnings. 6s, cnr'cy,'98. -.reg. J. A J. *129 |*129%'*129i4 1291a *129 *129>a
The vital question of the moment is whether there 68, cur'oy,'99. ..reg. .1. A J. *131ia*131i9*13i:Hl*132 *131'3 1311a
will not be a radical and decided improvement in the
This is the price bid at the morning board no sale was made.
present year. So far the results have been favorable, and
State
and Railroad Bonds.— In the State bond market
there seems every reason to expect that rate-cutting will be
there has been a Uttle activity in Tennessee settlement Ss, but
less, and that the raih-oads will liave to contend only against
the difficulties arising from State legislation and from the otherwise there has been no feature and all other classes are
natural uncertainties of traffic, depending as it does on the neglected.
Railroad bonds have been rather dull in sympathy with
outturn of the crops and the activity of general business.
A part of the dulness and indisposition to buy stocks or stocks and the market has lost much of the active and buoyant
bonds at the present time may be considered incidental to the tone which characterized it in February. There have been no
seEison, as the tirst of April is always a turning point of more special features, but the majority of bonds continue to be
or less importance, and not infrequently attended witli a Uttle firmly held, and the business is still largely confined to the
stringency in the money market. The movement in bonds was lower-priced classes.
Railroad and Miscellaneous Stocks. The past week haa
also Lirge and buoyant in the first two months of the year, and
there has been practically no reaction in prices since, so that witnessed a rather dull and un.settled market for stocks. Prices
the figures on those bonds that were low-priced before are have not fluctuated very widely, and there has been no striking
movement, but the tendency has been downward. In the
now so high as to no longer invite purchases.
The open market rates for call loans during the week on early part of our week, on Saturday last and Monday, there
stock and bond collaterals have ranged from l^f to 3 per cent, was some increase of activity and quite a weak tone, but busiand to-day the rates were 2@3 per cent. Prime commercial ness fell off after those days and continued dull until to-day,
when the market was again somewhat active and quite weak.
paper is quoted at ili@ii per cent.
The Bank of England weekly statement on Thursday showed The news of the week has been rather mixed in chai-acter.
a gain in specie of £153,000, and the percentage of reserve to The developments in the copper speculation have had an unliabiUties was 43-09, against 43-79 last week; the discount rate settUng influence, causing a dechne at Boston, wliich market
The foreign
remains imchanged at 3 per cent. The Bank of France lost sold stocks here quite freely early in the week.
markets were also unsettled by the break in copper sliares,
775,000 francs gold and 1,475,000 francs silver.
The New York Clearing House banks in their statement of though there has been a recovery and a better feeUng later.
March 9 showed a decrease in surplus reserve of 13,722,250, the The acceptance by Mr. Walker of the chairmanship of tlie
Inter-State RaUWay Assooiation had no visible effect on the
total surplus being §8,548,300, against $12,270,550 the previous
week.
market, notwithstanding that his decision had been looked for
The following table shows the changes from the previous for some time. In regard to the association itself there is
week and a comparison with the two preceding years in the nothing new, though the news from the West has not been of
averages of the New York Cleai-ing House banks
an inspiriting nature, on accovmt of the reports of rate-cutting
by some of the outside roads.
Among the grangers, which have been, as a rule, quite weak,
1889.
Diffr'nc't fr'm
1888.
1887.
llarch 9.
Prtv. Week.
St. Paul has been the feature, and has been much more active
Uaich 10. March 12.
and better held than the rest of the market. The action of
$
the directors in declaring a 2 per cent dividend on the preCapital
6O,7(>'2,700
Surplus
ferred was somewhat of a suqiriise, it being higher tlian gener12,10(1 Inc. 73!).."iOO
.53.1l2,l()(l'rnc
.53.1
Loans and dlsc'ts. 417,il70,:i(HI Inc I.od;), l(»0 369,197,100 369,501 000 ally anticipated, and this helped to support both the common
^cic.
8:;.ii7li.lO()Uie.:i,J!)(i.l(K); 74,392,300! 84,100.700
and preferred stock when the tendency of the market was
arculation
4,3.54.100 Inc
7.(i32,50ol
30.auo!
7,t>67.S()0
Net deposits
43H.770,H()0 Inc. 673.800 378,1.57,000 384, IMl, (too downward, though they declined with the rest of the market
;
—
:
.
I
.
\
Legal fenders
Legal reserve
Reserve held
j
35,204,900 Dec. 262,900i 31,634,400 19,94'2,yoO
109,092,700'lno. l«S,95ol 94,.5;19.400 96,04.5.250
118,241,000 Dec.3,553,:i0O 100,026,700' 104,043,600
Surplus reserve
8.548.300 Dec.3,7--'2.250l 11,487,300
Exchange.— The
been dull
demand
7,998,330
exchange market has generally
during the past week, a temporary increase in the
sterling
for cables being the only feature. Rates are well held,
however, and the market has continued firm. Posted rates
w-e 4 86'.; and 4 89'^. Gold has been shipped to the amount of
about $1,250,000, but it was not an exchange transaction,
strictly speaking.
To-day the rates on actual biisine.ss were as follows, viz.:
Bankers' 60 days' sterUng, 4 85?^® 4 86: demand, 4
88J4:@4 89.
Cables, 4 89J^@4 89i,^. Commercial bills were 4 84»^@4 84;'^.
to-day.
The coal stocks were affected by the reduction in prices
decided on this week, and by the dull condition of the coal
trade. Reading and Lackawanna have been active and irregular, recovering partially from an early decline and then fallmg
off again later.
The Gould stocks have beenimsettled, affected
in some degree by the Missouri Pacific report and by St. Louis
dispatches of an interview with Jav Oould in which he
expressed gloomy views of the railroaii outlook. Manhattan
is down over ten p<iints from the high price it attained in the
early part of last week. Lake Shore lias been active and also
quite weak on free seUing, though the other Vanderbilts have
been neglected.
Tlie weakest tone was developed to-day,
Friday, when At<hi.son closed at 49. St. Paul at 61%r, Rock
Island at 92%, Mo. Pacific at 69^ and Lake Shore at lOO^.
—
.
.......
I
'
THE CHRONICLE.
356
STOCKS-PRICES AT
[Vol.
STOCK EXCHANGE FOR WEEK ENDINS IHARCII
N. T.
HIGHEST AND LOWEST PRICES.
STOCKS.
March
Acllvn Kit. Stocks.
Atelilson Top. & B:>nta
Atlantic & I'acilic
Cauadlau Pacillc
Canada SoiitUern
Central of 2s'ow Jersey
Fo
.
Do
9.
50%
501*
. .
*7%
*7^
50
52S8
9418
53381
94I2]
35
35
1613
6II4
16%
I
161a 16%
6OI2 6II2
3338 3313
9938 10138
33%
Chicago Bnrlin^ton & Quincy.
Chicago & Eastern Illinois.
8
49 14 4938
5214 53 %
94
94%
35
35
6238
33^8
99'8 10038
42^8 43
961a 96%
do lat pref.
do 2d prof..
51%
50
7^8
50
Central PaciUc
Chesapeake JiO.— V'ot.Tr.cert.
Do
Monday,
March 11.
Saturday,
43 14
43
96I4 96%
61 13 63
99I4
98I4
9734 9912
Do
lOS^g IO6I2 10558 106158
Chicago & Northwestern
'XI36I3
138
140
pref.
140
Do
94I2 95
94 14 95=8
Chicago Kock Island & Paoinc.
I8I2 '17
1812
Chicago St. Louis & Pittsburg. *17
*37i3 39I2
41
pref. *39
Do
3118 3214
31% 32
Chicago St. Paul Min & Dm..
Do
prof.
Chicago Milwaukee
& St. Paul.
63
62
pref.
91 13
92
92
91
108 14 109 14 107% 109
Cincin. Ind. St. Louis &
70 13
70% 7II4 69
Cleveland Col. Cin.&rndianap.
25 14
24
2414!
Columbus Hocking Val.&Tol. 24
Delaware Laccawanna .fcWest 138% 139% 1383a 13934
Denver & Bio G., assessm't pd. *15l3 161)2 I6I3 I6I2
4314I
42 '8 43
pref. «42
Do
9% 9%! 918 913
East Tennessee Va. & Ga
•69
70
70 "si *69
1st pref.
Do
•2214 23
23
2d i>ref. '22
Do
9312 93I2
Evansville & Terro Haute
6I4
6»4
7
7
Green Bay Winona & St. Paul
IIOI2IIOI2' 109% 109%
Illinois Central
17% 17%l I7I3 17%
Lake Erie & Western
Do
pref.
Ohio.
Do
56I4
5514
seig!
5553
pref
Lake Shore & Mich. Southern. 10218 102%i 101% 10234
•94% 97
9579 96
Long Island
5914 6OI3
58% 60
l/ouisville & Nashville
I
.
Louis.
New
Alb.
& Chicago
Manhattan Elevated,
Michigan Central
Milwaukee Lake
Do
lliuneapolis
Do
Sh.
*46
...
99
87
80
pref. 107
West.
pref.
&Texas
80
107
90
Kew York Central & Hudson.
New York Chic. & St. Louis...
•18
•72
2d prof.! '41
New York Lake Erie & West'n 28 '4
pref. '68
Do
1st pref.
New York & Now England
New York Ontario & West.
New York Susquehan. & West.
Do
prof.
Norfolk & Western
.
Do
46
17
.
8l3
3II3
*16
pref
pref
Ohio & Mississippi
Oregon Short Lino
Oregon & Trans-Oontluental.
Peoria Deoatur & Evansville.
Phila.& Read. Vot. Trust. Cert.
<fc
Ban Francisco
Do
Do
17
8I4
•31
8I2
54I3
56
pref.
02
1st prof. 'IO8I4
11
67% 68 "4
45% 4638
16% 16%
46%
49 14
•2413
'
Paul&Dulnth
11
69I2
32
17
50
Do
pref.
79
Rome Watorto wn & Ogdeusb'g' 101
Louis
87
79%
91
00
108 10838
•17% 19
19
•71
75
75
43 12 •40
43
28% 28
28%
15%
47%
25%
60%
8I4
32
16
49%
25%
61
54% 56
3214 33%
32% 33%
25
25
441a 45%
2513 26%
Riehmond&WejtP't Terminal;
St.
11
91
25% 26I4
60% 61%
Northern Paoitlo
Do
100%
80
78
8714
"10
Stashv.Chattauooga& St.Louis
Do
Do
48
106% 108%
*5% 6%' •5% 7
•12% 14%
13
15
'12% 13% 12% 13%!
70% 7II3 70% 7214
& St. Louis
Missouri Kansas
Missouri Pacillc
Mobile* Ohio
99%
oousol..
&
•45
98I4
48
25
25
43% 44%
25% 26
79
80%
79 13
101
100
100
24%
61% 62%
2414
2513
62
109 13 108
108
•35% 3612 •35% 36%
•87
•88
89
90
St. Paul Mlnnap. & Manitoba. IOOI4 101
99 100
20I4
Texas & Pacilio
20
19% 20I4
Uulon Pacittc
6414 6538
63% 65
Wabash St. Louis & Pacific... •13
14
13
13
26I4 26I4
26I4
Do
pref.
26
Wheeling & Lake Erie, prof
64
64% 04% 6414
ITII»icell;iii4M>iiH StoekN.
Chicago Gas Trust
42% 43% 41% 43%
8t.
Do
'
pref
|
I
.
March
50%
March
12.
5138
5038
713
713
49 13 4913
53 18 53 14
49I3
7I3
9413
13.
March
51
5OI4
713
8
49
5034
8
7I3
4933
5238
52% 53 le
9313 93%
9413
March
14.
49%
52%
93% 93%
49%
4834
5134
I
*
9OI4
Tboso are the pric oa bid and asked no sale
;
5238
7%
16>4
5913
3,0(>5(
31 14
58
Mar.
Jan.
1.27.')
'
'
I
1
I
I
I
I
I
I
I
I
I
I
43 14 43%' 27,490' 34
3034 31%]
1,580 29
Jan. 16
Jan. 8
Jan. 21
44%
36%
Feb.
Feb.
Jan.
85
82% 82% 1,423' 80%
4,225 13014 Mar 15' 138% Jau.
I3014 131
51% 51% 1,385 50 Fob. 26 72% Jan.
•90
02 90 Fob. 25 107% Jan.
95
95% 96%! 6,309 92 Jan. 2 102 Mar.
35% 36% 5,025 35% Jan. 30 40 Feb.
9,409 172 Jan. 3 20534 Feb.
190 192
85
85% 30,085, 83 Jau. 2, 87% Mar.
.
150
307 144% Jan.
195 109 .Ian.
150%
113% 114
8OI4
138
81
141%
20
•6
36
144
87
20
133
921
100
460
135
200
610
800
914
2514
"'906
33% 33%
1,900
25
•14
27
Jan.
14 1
15
12
72
'
Mar.
Jan.
Mar.
149%
Jan.
Jan.
35 Jau.
14%J.-vn.
814 Jan.
21 Jan.
24% Jan.
12% Jan.
5%
100
16
28
Jan.
15
18% Jan.
4.52
16% 10%
•8%
Jau.
4,378
20
15
75
151
7
36
84%
400 80% Jan.
215 11% Jan.
66 134
83% 84
18% 18%
18% 19
27
27%
148% 148%
•13
•72
1.50
73% Jau.
878;
153
116
25
31
93
1,100
39I4 4034' 20,370
'100
103
175
I
Mar.
Jan.
Jan.
27
11
16
30
16
30
6
7
11
4
Feb.
4
F'ob.
4
Feb. 19
Feb. 8
Feb.
Mar.
7
4
21% Feb. 11
29 '4 Mar. 12
150'4
Feb. 9
5
6 20% Mar. 8
11% Mar. 6
81% Jan. 2
151
7%
38%
17%
Feb. 11
Feb. 12
Feb. 15
Feb. 15
IOI4 Jan. 11
Feb. 19
Fob. 28
27
3t
16
32
Mar. 8
Feb. 11
12 14 Mar. 8
4 105 Fob. 19
I
77,590 48% Jan. 16 60%
90% 91% 88I4 91% 88% 90% 89% 90% 7,202^000 83% Jan. 18 93%
was made at the Board.
J Prices from both Exchanges.
91%
2
834 Jau. 14
Feb.
7
Feb. 14
53%
56%
100 Jau. 4
92% Mar.
31% Mar.
36% Jau. 16
15% Mar.
17% Feb. 14
50% Feb. 26
_
61 Mar. 7
29% Fob. 271 34% .Mar. 8
98% Mar. 15 111% Jan. 15
4,400i
030]
7,sl3i
35
1889.
!
I
91 14
4834 Mar.
50% Jan.
-
I
90%
47% .Tan.
1,338
10,01"
lOOifl IOOI2:
43
44
43
43
43% 43
& Iron
32
•32
32
31% 33 '
32
33
32
32
Gas Co
83
83
82% a3
•82% 83
82% 82% •82% 83
Delaw.are tt Hudson Canal... 131% 132% 131% 132
131% 132%! 131% 132 >4
•54
Oregon Improvement Co
"52% "53"
56
53% 55
.54% 54% •54
55
Do
pref.
96
96
*90 100
*90 100
96
96
Oregon R'y <fc Navigation Co.
99% 100 '4 99 100% 99% 100
98 14
98% 99% 97
Paofflc Mail
37% 37% 36% 37% 37
3714
36% 36%
37
37%
Pullman Palace Car Co
198 198
196% 197% 195 197
192% 194
190% 195
Western Union Telegraph
85% 86
8514 86
85% 80% 85% 85% 85% 85%
KxprcKH SIucUk.
Adams
152
150 1.50 •150 1,52
t'150
150 1.50%
150 151
American
113 115
113 113
114 114
11414X1414 '113% 115
llnit«d states
81% 83
82
83
8234 83
82
82%
81%
82%
WeUs, Fargo & Co
'140 143
138 143 •140 145
138 143 '138 142
Inai'iive S>»<-kH.
American Tel. & Cable Co
•84% 85
'83% 85
84% 8434 84
84
84
85
Denver & Rio Grande West...
18
18
18% 18%
Denv. Tex. Ft. W., Vot. cert.
19% 2014 19 14 2014 19
19 14 19
19%
19%
18%
Iowa Central, pref
27
27
28% 28% 29 '4 2914 '28
29
29% 29
Mon'is& IJssex
150 I50I4 149 14 I4914
New York & Northern, pref.. 19% 19% 20
20
201.
20 '4
20%
20
20
20
Ohio Southern
•13
14% 14% •13
15
*13
'13
15
15
15
Philadelphia Co., Nat. Gas!"."
73
72
72
72
74
'72% 74%
74
74
74
Pitts. Ft. Wayne & Chic
•150 151
150 151
150% 151 >150 151
150%
150%
Quicksilver Mining Co
'6
6% 6%
6
'6
.*6
6
7
7
7
Di>
pref... •36
'36
38
36% 37
•38
38
36% 36%
38
Klch. & Allogh'ny, Drexel roc
•17
17% 17
'16% 171 *16i4 17% 16% 16%
17
St. Louis Arit.
Texas
•8% 9% •8% 9% •8% 9% '8% 9%
914
«S%
Tol. Ann Arbor AN. M
•25
•26
27
27
26% 2634 26% 26% 25
26
Cameron Iron <& Coal
33% 34
33% 33% 33% 33% 33% 33% 33% 33%
Maryland Coal
15% 15% 15
*15
16
•15
•15
17
16%
17
N. Y. & Perry Coal & Iron
27
27
2OI4 27%
27% 28% 28
28
Tennessee Coal & Iron
39% 41% 39
40%
41
41%
41
40%
41%
41%
Do
pref... •101
103
'100 103
103 103
101 101
VarioiiK s«ocU«, *:<. (Unl sted.
AmerlcanCotton Oil Trust...
57 14 57% 56I4 57% 55% 57% 55% 56% 55% 56%
Pipe Lino Certiacates ;
41,800
125
48%
1,
9838 99% 26,SS6
9934 IOOI3
4514 Fell. 11
43 14 43381 42% 43 14 *42% 43'4 42
42% 2,900 42 Mar.
96I4 96I4
96I3 9l>i2
95 13 9»>
1,815 94% Jan.
100 Feb. 8
96% 97
62I4 63%
61
200,450
63 13
Feb.
6238 63%
62%
66% Feb. 1
14
63
61%
98I3 9934
9734 9838 28,011 97 Feb.
106 Jan. 14
9834 99 13
9938 99''8
59,008 104% Mar. 15! 109% Jan. 15
IO6I3 lOUSj, 106 IO6I2 10538 106% 104% 105%!
495 137 Mar. 15142 Jau. 21
138 13S
13712 I37I3 137 138
137 137
94 14 9434
92 13 94 14 20,227 92% Mar. 15 100% .Tan. 14
95381 9434 9513
95
*17
I8I3
I8I3 *17
*17
14 Jan.
19% Feb. 6
18
17
18%
•38
400 33 Jau.
*39
40
42% Feb. 6
40
38
38
38
38
31 14 3II4
1,075 30% Jan.
31%.Tan. 14
3238 •3113 32 14
3134 3134
32
96% Feb. 1
91% 91'8' 92 18 9218 91% 91% 91% 91% 1,345 89 Feb.
5,515 91% Jan.
llOUFeb. 26
108 109
107 107%
109 109 12' IOSI2 109
70I3
6.360
Jau.
74% Feb. 14
55%
7OI3I
6913
70
70% 69% 69%
70
23 14 Feb. 7
•24
2,168 24 Mar.
25
25
2513
24% 25
13838'
119,-576
I3914I
Mar.
14
13734
13738
138
137%
1% .Tan. 2
138% 139%: 138
17%.I.'vn. 14
16% 17
16
16% 2,250 15% Mar.
16% 16% 16% 17
4214
43
4314
5,088
Jan.
45
Jan. 10
43
44%
43%
42%
14
9I4
"*9"i4 '"'9%!
8i4.Tan.
•914
920
914
9% Mar. 7
9% •914 9%
•69
*69
7034
*69
•08%
63
Jan.
Fob. 13
70
70
70
70
2214 2238
*22ia 2313! 22I3 22I3
23% Feb. 8
21% 21% ".506 21%,Tan.
•95 100
•93
200
Mar. 4
86
Jan.
07
99
6I4
1,210
734 Feb.
014
4% Jan.
8
6% 6%
5% 5%' 6% 6%
11014110%'
Jan. 15
IIOI4
IIOI4
1,690
106
Feb.
110%
109 109%
110% 110%,
1,807 16 .Tan. 20! 19 Feb. 7
17
17% 17
17% 17%: 17% 17% •17
•55% 56I4 5538 55% 54% 55
53% 54% 5,5(;0 51%,Tan. 4I 58% Feb. 13
42,882,100% Mar. 15' 106 Jan. 15
102 102% 102% 102% 101% 10214' 100% 101
800' 9034 Jan..
•95
•94% 96
•94% 96
96% .Mar. 4
96% *94% 96
62% Mar. 4
60
60 34! 59% 60 14 59% 60
58% 59% 43,155 5GI4 Jan
45
•45
45 14
300 3714 Jan.
49% .Mar. 8
46
46
48
46
40
14
109% Mar. 4
9914 IOOI4I 9838 100
98
98% x95
96% 10,430 90 Jan.
91 % Feb. 14
88
85%
84% 85% 2,010 8434 Jan.
87% 87% •86
85 Mar.
1,071 51% Jan.
80
•78% 80%
80
81
80% 80% 80
108% Mar. 2
IO714 108 14 107% 108
107% 108
106% 107% 2,740 91% Jau.
6I4
•6
100
7 Feb. 7
6I4
•5% 6%
5% Jan.
6%
•12
•13
13 14
14% Mar. 5
11% Jan.
15
14
605 I214 Fob.
14 .Tan. 14
•12% 1338 1314 I314 12% 12% •12% I314
75%.Tan. 14
71% 72
70% 71% 70% 71% 69 14 70% 35,780 69 14 Mar.
'10
12 Feb. 12
200
8 Jan.
11
11
11
11% •10
10
11%
93%' 92
93 14 93
93% Mar. 14
91% 91% 92
93% 7,300 81%.Tan.
929 107% Jau.
110% Feb. o
108 14 IO8I4! 108% 108% 108 108
108 108
I8I4 18%i I8I4 I8I4'
600 I714 Jan.
19% Feb. 4
17% 17% •17
18%
•71
•69
44 67% Jan.
77 Feb. 4
71
71
71
71
71
73
•41
•39
70 37 Jau.
44% Feb. 2
40
42
43% •41
43% 40
28 14 27% 27% 36,500 26% Jan.
30% Feb. 18
28 14 28% 28% 28% 28
70 14 .Mar. 4
68 14
1,000 61 Jan.
68
66% 67
48% Feb. 18
45% 46% 45% 45% 44% 45 14 43% 44% 47,510 42% Jan.
19% Feb. 7
16% 16%[ 16% 16% IOI4 IOI4 15% 16% 3,673 14% Jan.
8I4
8I4
8
Mar.
2,040
9% Feb. 12
8% 8%
8
8%
8
8
•31
35 Feb. 8
•31
525 31 Mar.
32
32
32
32
31
31
*15
•15
I6I4:
300 1534 Mar.
18 Feb. 1
16% •15 17
15% 16
53% Feb. o
49% 48% 49% 9,512 47% Mar.
48% 49% 4914 49% 49
26I4
•26
37% Feb. 11
26
26
26% •26
25% 25% 2,766] 25 Jan.
6:i% Mar. 4
59% 60% 58% 59% 34,119 .58% Mar.
60% 61% 60% 61
*22io
•2214
Mar.
21 Feb. 11
23
1,.500
20%
•.J.S'8
22%
21
22%
20%
58 Mar. «
56
57
9,760l 41% Jan.
54% 55% 54% 55% 5234 54
3014
Jan.
34% M.ar. 1
32%
32%
30,297]
33
33% 32% 33%
31% 32%
28 '4 Feb. 13
Jan.
•24% 2514! 24% 24% 24% 24% 23% 24
1,2.50 22
50 Jan. 15
4414 45
4414 44%
43% 44% 43% 44 288,0001 43% Mar.
2734 Feb. 13
25% 26I4' 25% 25% 25% 2534 24% 25% 32,825 22% Jan.
82% Feb. 8
76
Jan.
.
2,500|
80
80
79
79%; 78% 79
80% 79
•99 101
•99 101
Jan. 3 103 ^ Jan. 31
•99 100
100 100
97] 93
•23
.500
Jan.
IS
26% Jau. 15
25
23
24% 24% 24% 24%
23
25
62% 63% ' (50
61
60% 61%l 58I4 60% 3,6.52 58i4Mar. 15' 66% Jan. *2
'107
Jan. 12
Mar.
11
114%
109
130
108
108% 108% 107 109
105 108%
420 35 Mar. 15 40% Jan. 14
36
36% 36% 35
36
36
36
35
•88
Jan. 18
•88
90
410
Mar.
13:
95%
87
90
88
87
88%
88
•99 101
2,010 98 14 Mar. 15 105 Feb. 1
9314 99
100% 100% 99 100
14
Jan.
Mar.
15;
23
20
19
10,370 18%
19% 18% 19
20% 19% 20
64% 65% 64
64% 63% 64%' 63% 6334' 63,110 6214 Jan. 24 67 '4 Mar. 4
3
'13
Feb.
•13% 14
14%
•13
14
13 '4 I314
125 12% Jan. 3,
14
26I4 26I4
26 '4 26%
25% 26I4 25% 25% 1,900 24 Jan. 9 28 Mar. 4
4
Feb.
64% 64% 64
64% 64% 64% 63% 6334! 2,075 59% Jan. 5| 67%
100% 10114'.
Colorado Coal
St,
5OI4
713
1889.
1,
Highest.
Lowest.
Shares.
15.
92% 93%
35 13 34% 3434 34 la 341.2 '3II3
16% ]6%i 1638 I6I3! I6I3 16131 16
59
61
60
60 13' 59 14 60
61
31 14
33
3313 33 13, *32i3 33I3: "31
-3 4 13
Con.solidated
ii.
Week,
Friday,
JAN,
Range Since Jan.
Sales
of the
Wednesday,' Thursday,
Tuesday,
AND SINCE
15,
XLVni.
5514
5534
Fob. 13
Feb. 26
'
.
Mabcb
-
BONDS
THE
16* 1889, J
(;;hronicle.
LVIKST PRICES OP AOTITE BOMUS AT
N. T.
Itange Since Jan.
Clothtg,
STOCK BXrHANffB. AWB RANGE SINCE J »N.
1,
20 Jan.
20
Atl. A Pile.— W. D. Inc., Os, 1910 ai'a
7H>-2.Taii.
81
t!uin-.,la, 1U;»7
825s
la .Ian.
108
lOSiisb.
IOC
Chii. Sdiit.h.-lst guar., 58, 11)08
>a
9;li.j.Tan.
94
94%
•2tl, r.,, llllJ
lOHVjb.'lOlt
Kisl).
Ciiiiiai or s. .T.-i8t, 78, 1800 .. loau
laaija. 122>3a. 120 .Tan.
aiiisiii. 7.1, i89i»
12.5
.Tan.
i'oiivcit. in, 1902
2238 Feb.
!
I
iimi-t.,
.'ia,
1987
I109«4
lOO^g
117
122
125
110
119
\V.Il.,oon.78, 1909,a.s'nt
l<>«%.Tan.
116 •4b.
b.
117
109
102
&
Ohio. HiivL.t
«.—Con.'7,
1903..'131''8
105
87%
87
122
81
102
I
|
.
1
106
110
1
I
Indicates price biU,
I
I
I
i
Meh.
.Mch.
110
.'Mch.
i
92i2Jan.
'
63
Alnbama—
2dmort.,7s. 1897
1108
b.'
109 14b. 105
b. 102
104
83ia
81
& Fulton—1st, 7e, 1891 103 b. 103
CalroArk.&Tex.— lst,7a,1807:104%b. 104
Cairo
.
& land gr., 5s, 1031
& San Fr.—68, CI. A, 1906
Gen. R'y
.
1906
1906
1
1
85
118i2b.l
'118i2b. 117
I118i2b.lll7
a a
to
5
II412 Mch.
119% Feb.
Jan.
101
105 Jan.
113% Feb.
llsigJan.
lOlU
Jan.
104% Mch.
118
Jan
120
120
1
;
Funding
7». >'-k»"s:,sC.iutial
Gc'or la 7<, mild
Loiiialaiia 7h, ,.nn8
M«ii,iiK(l,
Mlclili.Mii
",
North Carolbio— 6b. old
Funding act
New
ItR
'
'
67
".'.'isaf*
boniU, J.
Chatliam
1800
1914
4„
loan
6s, loan
8.%
RR
A
Siiecialtux, Class 1
Ck>usolldiited 4o
61.
J&J
1000
BECUKITIES.
.
1894-1895
1892
1893
J. ...1802-1808
Ask.
Rhode Island— Sa. ecu 1893- 8»4
South Carolina—6s, nou-fuud. 1888
duo 1889 or 1890
Uulvereiiy, due 1892
New York—6e,
Arkantas -«H.
7". i.iuieRoikA Fort Smith, l88.
7», vlenii.lil,- J; l.lrtle Kock, ise..
Bbl.
35
10
20
1910 95
1919 124
.
1
1803.
Brown ooDSOlidated 6s
1892-1808
Tennessee—6a. old
1912
3-4-.V6e
Coiupronilse,
lOlS
New settlement—es
1918
6b
1013
3s
Virginia—6s, old
6«. I'ourolidnted bonds...
6s, cjnsolliUted, 2d series
68. deferred, trus« we..
Mch.
Feb.
Meh.
10814 Feb.
100
00
Mch.
Mch.
01°8 Jan.
3913 Jan.
108 Feb.
107 Feb.
103 Feb.
I02I3 Moh.
117^8 Mob.
102% Feb.
12013 Jan.
llliaJan
110%
Jan.
115>4 Feb.
110% Jan.
114% Jan.
88 Feb.
42 Feb.
I
04% Mrh.
I
I
I
I
87
95
05
Jan.
Feb.
90%
Feb.
Feb.
89
95
04
106%
,100
I
44
103
102% J an. 104 14
I
Mbisoun- ti»
Asylum or
116
'
b.
Feb.
Feb.
Feb.
Jan.
Feb.
Feb.
Feb.
lOOSg Meh.
981a Jan.
90 Feb.
02 13 Feb.
34 Feb.
06 Feb.
601a Feb.
10 Feb.
107 Feb.
100»4b,
i
Mch,
108
103 14
106
90
116
118
119
117
I
SKCliKlTlEa
106
Jan.
Feb.
Feb.
Jan.
110 Jan.
I0413 Jon.
00 Feb.
38 Feb.
110 Jon.
Jan,
II512 Jan.
O8I4 Jan.
O6I4 Feb.
07%b. 97%
Collateral trust, 58, 1898
89 14
83 14 Jan.
89
Montana Ext. 1st, 4s, 1037 ...""'
Shcn. Val. -lat, 7s, 1909, Tr. rec. 90 a. 85 b. 00 Jan.
General 6s, 1021, Trust rec... 33 a. 341.2a. 31 Jan.
South Carolina- Ist, 63, 1020... 05 a. 94 a. 90 Jau.
57
55%
47 Jan.
2d,68,1031
5 b.
5 b.
519 Jon.
Inoonio, 68, 1031
IO513
So. Pao., Ariz.— Ist, 6s, 1900-10.
_ Jan.
Jan.
60. Pao., Cal.— Ist, 68, 100.5-12.. 115%b. 115»8b. 114
So. Pac., N. M.— Ist, 6s, 1011 ... 106 b. 106 b. 105ia Jan.
Tenn.C. I.&Rt.—Teu.D.,l8t,68 99 a
89 Jan.
98 b. 98
Binn. Dlv., 1st, 6s, 1017
89 Jan.
87%
87 Mch.
Tex. & Pac— Ist, gold, 5s, 2000 88%
34i2
34I2 Mch.
I36I2
2d, gold. Income, .5a, 2000
Meh.
Tol. A. A. & S. M.— 1st, 6s, 1921 107 b. 107 b. 00
Tol.A.A.&Gr.Tr.— 1st, 6.S, 1021 1051.2b. 105i2b. 103 Jan.
102i2b.
IO2I2
Jan
lat,
101
Ohio
Cent.—
5s,'
1035
Tol. A
102% ,0213 Jan.
Tol.St.L. AKan.C.- l8t,68,1016 102
UnlonPaeittc— Ist, 03,1899.... 117^8 117 b. 115 Jan.
103 b. 103 b. 10234 Feb.
Land grant, 7s, 1887-9
116 b. 116i4b. 116% -Mch.
Sluklug fund, 83, 1893
Kansas Pacilic-l8t, 68, 1895 10913b. 1(H) b. llliaJan.
109i3Jan.
11013b. IIOI3
l8t,6s, 1890
114%b. llliab. 114 Jan.
Denver Div.— 6.s, 1899
b.
Jan.
114
112
6s,
1919
II412
Istoonsol.,
U2i8 111 Feb.
Orcg.8hortLlne—lst,6.s, 1922 113
VirginiaMid.- Gen. ui.,.53, 1936 85i2b. 86 b. 78% Jan.
Wall. St. L. &P.— aen.,6s,Tr.rco.' 40 b. 3713b. 37% Jan.
88% Jan.
94%
CliicagoDiv.— 5s, l91o,Tr.reo. 04
Wabash— M., 7s, 1909, Tr. reo. 85 b. 85 b. 86 Jan.
b.'
80% Jan.
95
Tol. & W.— Ist, ext., 7s, Tr.
" reo. 04%
- 93% Feb.
04 b. 95
l5t,8t.L.Div.,7s,1889,Tr.rec.
...'
87 Jan.
b.
86
2d, extend., 7s, 1893, Tr. reo.
Fob.
Con., oonv., 7s, li)07, Tr.rec. 85 b. 85 b.' 85
94%b.l
80 Jan.
b.
04
Gt West.— lst,7a, 1888,Tr.rcc.
Moh.
2d, 7a, 1893, Trust receipts.! 80 u. 86 b. 86
106% 106%b. 102% Jan.
West Shore— Guar., 4s
9S%b. 9514 Jan.
West. N. Y. & Pa.— l8t, 5, 1937. 99%
30% Jan.
4013b, 40
2d mort., 3g., 5so., 1927
0879 Jon.
West. Un. Tel.-Col. tr., 5a, 1938 101% 102
-•---•
62>4Jao.
8214 Feb.
Feb.
31 >4 Feb.
116 Feb.
9412 Mch.
09 13 Feb.
II6I3 Mch.
64%
IO8I4
Ill
1071a
114
Jan.
Feb.
Jan.
'1I6 Jan.
b. 115% Jan.
b. II512 Jon.
116 b.
104 Ub.
119 b.
116
Wheiil. & Lake E.-lst^58^1026.„.^... 104
ijO'sFeb.
and "a" price aalusd all other prices and the range are from actual sales.
Bid.
1906 105
1906 111
1006 101
1000
funded. .1809-1900
'ij»>.»
Cl;i*8
.,58
C1.1K8 C, 4b
•-20
68.
I
1
I
<ITATK ,«ONUM.
8E<URITIE8.
I
.
Feb.
Jan.
5714 Jan.
i
62 12
30
!
92
62
I
-61
I
10iti2 .Mch.
i
'
.
Fell.
101%
Mch.
Mch.
Mch.
I
133 '2 .Mch.
12K'8Feb.
94
1
10212 Meh.
103% Feb.
117% Feb.
110 Feb.
1121s
57
68
56
!ll6%b.
General mort., 63, 1931
I104%b.
General mort., 58, 1931
8.P.M. &M.— Dak.Ext.,6s,1910 119 b.
1 19780.
1st consol., 68, 1933
Do
reduced to 4ia3 ...10012b.
Jan.
Fel).
81
55 lab.
81 b.
Feb.
76I3 Mch.
Jan.
9413 Jan.
82% Jan.
I
1
68, Class B,
6a, Class C,
114 Mch.
112i4Feb.
117
8114
68 '4
b.
b.
Jan.
Jan.
76I4 Jan.
58 Jan.
2dmort.,63, 1016,Drexelcert.
3012
26 Jan.
116i8b. 114 Jan.
Rich. & Danv.— Con., Os, 1915 ..
Cou.sol. gold, 5s, 1936
931a
86 Jan.
Rich.&W.P.Ter.— Trust 6a, 1897
98
06 Feb.
Rooh. & Pittsb.- Con. 6s, 1022..
_
113 Jau.
Rome Wat. & Ogd.— 1st, 78, 1801 lOSieb. lOSUb. 10713 Jan.
Consol., extended, 53, 1922...tll0ieb. 110i«b. 1O8I4 Jan.
lOOiab. 104
St. Jos. &Gr.lsl.— lat, 6a, 1925.1107
Jan,
St. L.Alt. &T. 11.— Ist, 78, 1894
^13 b. 112ia Jon,
2d, mort., pref., 78, 1894
107 b. 105% Feb.
2d, raort.. Income, 78, 1804... 1109 b.lllO b. 104ia Jan.
St. L. Ark. & Tex.— l8t, 63, 1936
08=8
08%
02 Jan.
35 b. 35
2d, 6s, 1936
35 Jan.
St. L. & Iron
Ist, 78, 1892.!106%b.ll06%b. IO6I4 Feb.
St. L.
Feb.
1021,2
88<S8
Bo's
Mt—
Feb.
Feb.
loll..!
66
I
i
121i3Mch.
1
NOTB.—The letter "b"
'
Meh.
1117
82%
5s, 10.58
3d pref. Income 58, 1958
Pittsb.
West.- l8t, g., 4s, 1017
Rich. & All.— 1st, 7a, Drexel cert.
102% Jan. 10912
1
j
116^8 Mch.
Feb.
1(M)
1
Jan.
Jan.
Veb.
Jau.
Jan.
Feb.
Feb.
Feb.
1129
'12776 Mch.
. .
cxt.,48,19381 OS^gb. OS'-sb. 9734
2d inorf., 7.S, 1801
|l05 b. 106 a. 104
Mobile .fc Oh'o— New, 6s, 1927.. 112%b. 112i2b.ill2%
47I2
General murL, 4a, 1938
47i2b.i 41%
Mch.
80% Mch.
'
Mo.— l8t,
""
Feb.
Feb.
Feb.
74i2Jan.
'
Income
2dpreMneome5a, 1958
&
124
.
Pae. ot
i
87I2 Jan.
Feb.
IO912 Jan.
'
Ev.ansv. Dlv.— 1st, Os, 1020... 106i.2b.'lo«ii4b.
2draort.,58, 1027
76
76128.
Phlla. & Read.- Gen. 43, 1958.. 9II3
I0114
Ist pref.
I
112i2Feb.
123 Feb.
IO418 Mch.
96 Feb.
95 12 Feb.
25 Feb.
116 Feb.
I
93 b.l 00 Jan.
Gal.II.&fianAnt.— \V.l)lv.lst,.5s'
05 b.l 94i4Jan.
Gr.B.W.&St.l'.— 2d inc. 8.h, 1911, 21 12b. 21
18 Jan.
Gulf Col. .S; Han. Fo— 1st, 7s,1900 114% 114 b. 106 "2 Jan.
80i2b, 81
70i4Jan.
Gold, 68, 1923
Han. & St. .Tos.— Cons. 68, 1911. 121 a. 121
120 14 Jan.
Int. & Ot. No.— l.st, 68, gold, 1919 103 b. 103i2b.'102
Feb.
Coupon, 6a, 1909
65 b. 65 b.l 63i4Mch.
KentucityCcnt.— Goldl, 1087..1 7934b. 80 a.' 71i2Jan.
Kuoxv. &0.— 1st, Os, gold, 1925 105 b. 104 b.'lOl Jan.
1.. Erie & West.- Ist, g., 5s, 1937 10914b. 109i2b. 107
Jan.
'125i4Jan.
I,akeShorc,-Con.c|).,lst,7s,1900 128 b
Consol. ooup., 2d, 7a, 1903
127%b. 12734a. 124 Jan.
Long Island— 1st, con., 5a, 1931 llOieb. 116 b. II414 Jan.
General mort., 4s, 1038
02i2Jan.
100 a
IiOuisv.&Na.shv.— Con.,7s,1898 121i2b. 120 b. 118% Jan.
E. II. &N.— 1st, 63, 1919
116 b. 116 b. 116 Jan.
General, OS, 1930
113%b. 11312b. 112 Jan.
Trust Bonds, O.s, 1922
Hli2b. 112 b. IO9I2 Jan.
10-10, (V, 1924
'103'2b. 10312b. 101 12 Jan.
'101i2b. 102''8a.i 08
50-ycar 5s, 1937
Jan.
Louis. N. A. &Ch.— 1st, 6.S, 1910 117 b. 117 b.'112i4Jan.
Consol., gold, 6.S, 1916
'IOII2
IOOI2 |93 Jan.
Mem. & CUar.—6s, gold, 1924. 10314b. 102i2b. IO2I2 ,'an.
Metro. Elovated—lst,6s, 1908.. 'IIOI2
117 b., 111^8 Jan.
2d, 6s 1899
108 b. 108
106 Jan,
Mich. Cent.— Ist, con., 7s, 1902. 132 b. 132 b.'131i4 Jan.
Consol., 5s, 19U2
112 b. Ill .Tan.
Mil. Lake Sli. & W.— 1st, 6s, 1021 121 b. 120 b. 118^4 Jan.
Conv. debenture, 5s, 1007 ..'IOOI2 101i2a. 9213 Jan.
Milw. it Norlli.- M. L.,6.s, 1010. 10012b. 110 b. 10612 Jan.
Extension, l3t,6s, 1013
105 14 Jan.
108 a. lOOia
Minn. & St. i.ouis-l.st, 7s, 1927 91'eb. 91 b. 00 Jan.
Mo. Kan. & Tex. —Con., 6s, 19201 56 b.l 55
5412 Jan.
Conaol., 5s, 1920
51 Mar.
53
51
Consol., 7.., 1904-5-6
87 12 Mch.
OOlab.' 8712
Mo. I'aciHc— Ist, con., Os, 1920. ]114 b. 113% II012 Jan.
.'....
Sd, 7s, 191)1 ;.-.;
I1I8 b. 118 b, II6I2 Jan.
'
14178 Feb.
1
93%
95%
.
I
Mch.
Mch.
80% Mch.
85 Feb.
108 12 Feb.
40 Feb.
104 Feb.
IO5I2 Mch.
106 Feb.
1
C— Ist, 6s, 1921
,m
H6i9Feb.
|
W. & l)env.
I
lOfiis B'eb,
"
'
Ft.
i
13
122
100
96 14
134
104i4Ji>n.
Jan.
Jan.
Jan.
01 In Jan.
1 16
Jan.
131<<iJan.
133
Ill
130
I
(106
;102
'
Feb.
131 >4 fab.
10514 Meb.
107 Feb.
1351a Jan.
11 3 U Feb.
|
Feb.
Feb.
Feb.
102 12 Feb.
'147 Jan.
132 Jan.
122 Feb.
Ill Feb.
llOia Jan.
107 Feb.
IO414 Feb.
133 Jan.
1
102%
Jan.
Jan.
08% Jan.
'
I
IL'lUMch.
101i2Feb.
93% Mch.
105 Feb.
125 MeU.
115i4Fob.
1
'
i
iUiaJan.
13 b. 112 b. 112 .Tan.
II2I2 Hl>2b. 110 Jan.
l.st,Ch.Al>ac.W.Div.— 5a,1921 105 b. 105%a. 103 Jan,
Wis. A; Mlmi. Div.— 53, 1921 ..t
101 a.! 99 Jan.
TcnuinaJ 5.s, 1914
101 Ssb. 10214a. 100 Jan.
Chic. i<: N. \V.— Cousol. 7s, 1915. 14534a. 145 b. 143% .Tan.
112912 Jan.
Gold, 7a, 1902
ISOiab. J31
illO Jan.
Slnkin;,' fund lis, 1929
8inkin;; fund 5a, 1920
llOi^b. llOiab.'lOSia Jan.
Sin;ciusfnnddpbent. 53, 1933 113 b. 112 b.ilOO Jan.
25-vear debenture 5a, 1909... loyiab. IO6I4 |105 Jan.
Exteution -Is, 192ti
100 b. 100 b.! 98 Jan.
Ohio. H.I. &I'ac.—«s,eoup., 1917 131i2b. 132i2b.ll31H Meh.
Extension A: col. 5.S, 19,14
105% IO514 llOl-'is Jan.
Chic.Bt. P.M. &O.—Con.ys,1930 12112b. 122 a.'ll9i2Jan.
Ch-St.L.&PKt.— lst,cou.5s,1932 100 b. 100 b.l OGisJan.
Cl6ve.& Canton— 1st, .5s, 1917. 9512b.' 0512b.' 02i2.Tau.
C. C.C. & I.— Consol. 78, 1914.. 133
132 b. 130 Jan.
General 6.S, 1934
116 b. 116 b. 112 Jan
Col. Coal & Iron— 1st 6.S, 1000.. IO214 ilOSU
100 Jan.
8OI2 Jan.
Col.II.Val. itTol.—Con. 5s, 1931 83
81
General gold, 63, 1904
86 b.' 85 b. 82 Jan,
120i2b.
I>envLr A: Klo Or.— 1st, 78, 1900
12012b. 110 Jan.
79I3
8OI4
1st cousol. 43, 1936
75 Jan.
Dcnv. ,S:K.O. W.— 1st, 6s, 1011.1 99 b.l
8412 Jan.
86i8
Assented
8512
73% Jan.
Denv. e.Pk.*Pac.— l8t,78,1905 81 14b.' 8414b. 81 Jan.
Dot. H. C. & Alp.— lst,s.,6s, 1913 107%b.'
'103 Jan.
Dct.Mac. &M.— Ld.Kr.3i2s,1911 3714b.' 38 a.| 34 Jan.
Dul. & Iron R,ins!e— lat, 5s, 1937 lOO'^sb. 101 %a.' 06''8 Jan.
104i2b.'l02 Jan.
E. Tcnn. V. &a.—Con^, .5.S, 1956 IO514
Eliz. I.ex. & Big San.— Oa, 1902. IOII2 il01-%b.i90
Jan.
Erie- 1st, cousol. gold, 78, 1920 137%b. 138 a. 137I2 Jan.
I/OngDo^k, 7s, 1893
Illi2b. llliab. 110% Jan.
Consol. Hf, 1935
'...-..... 121
Mch,
N.Y.I..E.\-W.— 2doon.6s,1969 103
IIO2I2
98 Jan.
1st, Southwest Dlv.—Oa, 1909.
1st, Po. M'.u. Div.— Os, 1910...
1.
llighil,
"
95 Feb.
II914 Jan.
Jan.
1 2.312a. 118
Jan.
Jan.
102%a.
Feb.
93
IO3I3
Jan.
124 b.'122i2 Jan.
119'8b.'ll8
Chic. i-K. Ill.-l.it,s.f.,08,1007 ligigl).
1123 b.
Con.sol. ti.s 1934
Ocn(aaI oonsol. 1st, OS, 1937.. 102^
Chic. G:ia. I.. ,teC.— 1st, <?,.)a,1937 01 13
Cliio. A: Ind. Coal R., lat, 5s, 193fi 104
Cbie. Mil. ti. H. l'.—Con. Ts, 1905 125
\
1
Feb.
Feb.
Feb.
Fob.
Jan.
llM)i4 Feb.
132 Feb.
106 Jan.
Debcntnro .">a, 1913
104 b. 103J.2b.'l03'2 Feb.
DenverUivl.Jon, 4s, 1922 ....I 93i^.t 97 b.l 92 "a Feb.
01 ''s Jan.
Nebraska Extonsiou 4s, 1927.1 94 'a
04%
18M.
134 Mch.
95 li .Mch.
118i3Fcb.
135 Feb.
Constnictliin, 58, 1923
112iab.'
limFob. 113iRjan.
N. Y. A North'u— lat, 58, 1927. 109>ab. I00!l»b. 108 Jan. lOSiaJan.
|N. Y. Out. & W.— 1st, (i.s, 1014.. 110 b. 110
110 Mch. 115 Feb.
N. Y. Sua. & W.— l8t rof., 5a, 1 037 00
9708
04 Jan.
00 Mch.
MIdlanrtof N. J.— lst,68, 1010 117
IW^tJan. 117% Mch.
Norfolk & West.— (len., 6.s, 1931 llOiub.'llOia
II714 Jan. 120
Mob.
North. Pac.—lst, coup., Oa, 1921 H8I3
117»8b. no's Jan. llHiaMch.
Gcneral,2d, coup., 1933
115
IllS's
112 Jan. 116 Feb.
General, 3d, coup, (is, 1937... 10519 lO-lia
07% Jan. 106 Feb.
No. Pac. Ter. Co.— lat, Oa, 1033.'107
1107
Il03% Jan. 107% Fob.
Ohio Ind. & Weat.— lat, 5s, 1938 70i«b.' 70 b.' 0412 .Ian.
73 Jan.
Ohio & Miss.- Cousol., 7s, 1898. IIOI4I). 116i4b. 115 Jan. 117 Mcb.
2d, conaol., 7a, 1911
110 b. 110^8 110 Jan. 120 Jan.
Ohio Southern—'1st, (is, 1021
100 b. lOOiub. 103 Jan. 107 Feb.
2d, Income, 68, 1921
51
48
44% Jan. SliaMoh.
Omaha & St. L.— 1st, 48, ii>37.. 75 '9
75
71 In Jan.
76 Mcli.
f)re(jon Imp. Co.— 1st, 6s, 1910. 104
103 14 102 Feb. 106'8 Feb.
Ore. K. ANav. Co.— Ist, 68, 1900
110 Jan. 112i4Jan.
105'"
Conaol., .58, 1025 ..
1105
102 Jan. 105 Feb.
Oregon&lYanscon'l— 6a, 1922. 106 b.'lOO
101 13 Jon. IO6I2 Mcb.
Penn. Co.—41.2s, coupon, 1921
lOSUb. 108%b. loe'i .Ian lOS'a Feb.
Peo.Dec.&Evaua.—lst,6s, 1920 108 b.i
104i3Feh. '104i2Feb.
871.2
109
102
129
7it,
I
I
80%
H7MI>.lll3>4 .Tan.
t>. 107
Jnn
b.l 98
Jan.
I3II3 1131 Jan.
b.
b.
b.
00
f., «.),
\'
I
.Tan.
35
118
110
29"2 Jan.
'
Na.sh. (;h. &. HI. L.— l»t.,
Consol. 5s, 1938
107% Mch.
79%
I
Mutual Un. T«l.-8.
Ji
\\
llO'SiFeb.
il.5% Meh.
10,51.2 Feb.
'
Oa, iiiurenoc, 1918, rcorg. cer.
Mortf.'ai<o ti-s 1911
Cbea. (>. .fc Ho. \V.— .j-lis, 1911...
tUilc. Hurl.
No.— 1st, 53, 1920.
!
I^Mnt.
1911. lOlHib.'lOlia
1013 132 b. 133 b,
^lOS b. I05I4
,N.Y.C<intral— Kxteud.,.58,1893 KWali. 100 b,
N. Y. C. & II.— 1st, cp, 7», 1003 13539b.'
Debenture, 5a, 1001
Illlia 1112 b,
N. Y. & Harlem-lst, 7s, I9<Hl'
133 b.
N. Y. Chic, fi 8t. I,.— lat, 4a, 1037: OS's
04%
,;N. Y. Elevated— l8t, 7.a, 1000... 117
115 b.
N. Y. Lack. & W.— lat, <ls, 1921.ll34Hlb.
..
Jan.
Feb.
Jan.
Jan.
lot) Hi
11.5 Hs .Tan.
Am. DooU A: Imp., 1)8, 1021 ... 109>2b. 110«.ia. 108 .Tan.
CcnliiHriw;ilf-(iolcl(Js, 1898.. 115 b. 115 b. 11:T'.i Feb.
'102'a.Tan.
l.anil «rant Us, 1890
105 b.'
M(nt«;aKO Os 19;ltl
107% 107»ab. 105% .Ian.
.Ian.
Clu>.-<. iV ().— Oa, «., B., rcorij. cer.
79 '4 .Tan.
i;.\t.i(>ii|i., 4a, lose, n-org. cer.
I/Oli.A;
Meh. 6.\3deh.U
83 Feb.
108 19 Feb.
07 14 Feb.
1
(irncnil
Railroad Bondd.
BiahuL
J^OWMt.
8. 3r<'A.19
1,
Hano* Hinee Jan.
ClotlHg.
Railroad Bonds.
Mrh.
857
Mob.
Mok.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
MJ J
,
2
THE CHRONICLE.
lio8
UJflNERAL QUOTATIONS OF STOCKS
Saw York
Onotatloas In
ro presrfQt tliB par cent valJa.
wu iw^ei-
Cub p^r in
w be
[Vol.
AND
oclisr iia
;
>c
Ul lai
1- S:; /«/ '•'»'i «rant.
"s.f.," for slukm? fund;
tor consolidated "aoav" for couvertlble
cities, to late mail dates.
other v^.^.v^^,
from vuuu..
^i^t"
x"uio»A»j'
vo Tbarsday
X oris are to
lu Now York
Quotations9ini!iew
•
XL VIII.
BONUS.
ii-e
(PBimjiUlv
in^i
to p )r
<».«
;
;
t
Subscribers will confer afayor by giving gotlce of any
Bid.
United States Bonds.
Ask.
<<rr<>r
Bid.
City Secueities.
-
dUcovereJ in these
Ask.
<tii.»t<m->u<
Bid.
City Securities.
ABk.
Mobile, Ala.— 4-5s,funded,1906J&J
Baltimore— (Contiuued)
110 112
113
Montgomery, Ala.— 68..
68, bounty, 1893
liiO
102
114
58, new
68, bounty, exempt, 1893.. M & 8
...Var,
Tenn.—
1907.
M&N
Nashville,
68,
108
1894
58, water,
reK...Q-J
A&O
Q—J 112
Bridge 58. 1905
129% 129%! 6s, 1900
ooup.. .Q—
104 106
Newark—48, 1906
6s, West. Md. KR., 1902.... J&Jl 124
J&J 120
reg
1895
104 10«
4is8. 1896
M&N
126
58
1916
123
J&J
reg
1896
116
117
IO8I2
1909
Q-j!
58,
48, 1920
reg....J&J 126
1897
124
Vai §122
6s, 1910
Bangor, Me.— Water,68, 1905. J&J H 23
reg-.-.J&J 129
1898
115
117
Var
§lii8ifl
1895
J&J
7s,
1894
E. & N. A. RK. 6s,
reg....J&J ISIH
1899
Var 132 135
Var §103
7s, Aqueduct, 1905
Bath, Me.— 6s, 1902
state: sKCUKiriKs..
New Bedford,Ma88.— 68, 1909. A&O §13* 136
J&J 5 98
4i«s, 1907
Alabamar-Class "A," 3 to 5, 1906.. 105 10614
A&O § 99 101
3ia8, 1910
Belfast, Me.— 68, railroad ald.'98..[§104
HI
Class "B," 5s, 1906
N. Brunswick, N. J.— 78, water, 1904 112
BoBton, Masa.-WatPr 68,1908 .Var §134
101
CaaB8"C," 48, 1906
Vai 106
1906
§121
Var,
68,
gold,
gold_,
1908
Water
58,
J
J
&
68,10-20, 1900
;""
VarMOSi*
New Orleans, La.— Premium 5a ... 138 136's
Water 4s. 1917
Arkansas— 68. funding, 1899. J & J
112
1.^.:.:.'"
J&J
extended
.....A&OlJlOOis
"
1923,
3i«s.
Cons.
68,
1917
Water
<te
B.<feFt.8.l88ue,1900.A
O
78, L.
J&D 9714 98
53, 1934
Brooklyn, N.Y.—Park78, 1924. J&J|§163
78, Meuiphls&L.R., 1899.A &0
116%
J&D
78,1895
J&J
§163
1924
17
Bridge
78,
1900.A&0
7a,L.R.P.B.&N.O.,
141
M&N
N.Y. Clty-7s, 1900
J&Jl§l53
Park bs, 1924
78,Mif8.0. & K. Kiv.,1900.A & O
129
M&N
§136
1900
J&J,
68,
1919
Bridge
58,
7e, Ark. CentralKR.,1900.A &0
131
J&J
6s, gold, 1901
J&J §118
Bridge 4s, 1926
78,Leveeof 1871,1900....J &J
124
M&N
1908
J&J|§101
58,
'4103
1905
Water
38,
Oonneotic't-New,rg.,3>s8,1903.JAJ
112
M&N
iS'.Ortia
5s, gold, 1896
'5.102
New 3s, exempt, 1906-13
New. reg. orcouii., 38, 1910
110
M&N
48,1906
1924-5
78,
J&Ji§142
4106
Buffalo,
N.Y.—
Dakota Ter.- 5s. 10-208 of 1887 ...
106
M&N
3ijs. 1904
A&Ol§105
5102
Water 5s, 1898-9
4>«e, 10-i;0sof 1387
106
A&O
38, 1907
M&8I5101
Water 4s, ls<04
Dlst.Col.— Con^.3-658,i924,op.F&A 122i« 1231a
Var
Norfolk, Va.-6s, 1914
J&J
Water 3ias, 1905
Funding 58, 1899
J&J 112
132
135
M&N
Water,
1901
8s,
10712
F&A
1916
107
3s,
Water
Perm. imp. 68, guar., 1891 ..J&J
A&O 104
53, 1916
Perm. imp. 7s, 1891.
J&J 108 110 Cambridge, Mass.-Water6s,'96. J& J
A&O §lllifllll4
Norwich, 01.-58, 1907
J&J
City 68, 1904
Wash.— Fund.loan(Cong.)68,g.,'92 107»s
J.&J §133 137
Var
7s, 1905
Water 31s.", 1911
Fund. loan(Leg.)68,g..l902Var 125
102%, 10339
Neb.—
1891
Omaha,
6<,
A&O
8.C.—Conv.7s,'97.
109
Charleston,
Market stock, 7s, 1892
116
81
Orange, N. .1.— 7s. long
J&J
129
Conv. 48, 1909
Water stock, 78, 1901
126
i28~
1900
Paterson,
N.
J.—
7s,
1892-99
ISO
do
Chicago, 111.-76,
7s, 1903
120 121
68, 1901
Florida—Consol. gold 6s
68,1895
J & J §110 113
104
106
106
1908
48,
105
Oeorgia -78, gold bonds, 1890. Q—J 101
41*8,1900
J&J 110 112
Petersburg, Va.— 68
4is8, 1915
3-65S, 1902
J&J 110 111
118
J&J
ifl
109
88
Loulslana^New con. 7s, 1914.J&J
Cook Co. 78, 1892
118
Stamped 4 percent
88, special tax
87
87% Cook Co. 5s, 1899
I26I4
Philadelphia, Pa.—6s,1898-'99 J&J
Baby bonds, 3s, 1886
Cook Co. 41*8, 1900
F&A 4113 43
J&J 138
Maine— 3a, 1890-1929
68, new. reg., due 1905
A&O
West Chicago 5s. 1890
J&J
4,9, 1900-1
Wardebt8 68, Oct., 1889.... A&O 100 ICOij
Lincoln Park 78. 1895
J&J l20ie
Maryland- 6s, Hospital,'87-91 J& J 1 00
Pittsburg, Pa.-53, 1913
West Park 78, 1890
Var 135
78, 1912
68, 1890
South Park 6s, 1899
Q—J 101
133
8-65s, 1899
7s, water, reg. &op., 1898. .A&O. 126
Cincinnati, O. -7'308, 1902 ...J&J
J&J 104
J&D 105
IOII4
Varl
136
M»ssactiusett8-58,gold, 1891. .A&O 104
4s, 1915
7s, ISOd
J&J 120
6s, gold, 1894
121
Var
6s, Consol., 1901 reg
J&J §11014 llOij
68, 1903
124
58, gold, 1897
M&Ni
Portland,Me.— 6s, RR. Aid, 1907M&S il23
M&8 1154 116
68, gold, 1906
J&J 102
Michigan- 7s, 1890
102%
Var
48, funded, 1912
M&N
48, 1903
Minnesota— Adj. 4is8, 1912, 10-30. §100
4s, 30-30S, sink. funl. 1931. J&J
1041s Portsmouth, N. H.— 6s, '93,RR. J&J 106
141
long
7s,water
Missouri- Fund, bonds, '94-95.J&J
N.
Y.—
115
Poughkeepsie.
si
ik.
fund,
30-508,
1930
>I&N
58,
Long bonds, '89-90
105
Providence, R.I.— 5s, g., 1900. ..J&J 114
Hamilton County 48
J&J
123
114
Asylumorllniversity, 1892.J&J ...
Cleveland, O.- 78, 1894
A40
68, gold, 1900, water loan.. J & J
J&D 108
Hew Hampshire— 5s,1892
M&S 116 |117
J&J §105 1051* 63, 1900
41S8, 1899
100
M&S
War loan, 6s, 1894
lllia
191K
3ia^,
gold,
112
J&D
1121s
J &J §110
5b, 1907
31
Warloau,6a, 1905
Rahway, N. J.-01d78
J&J
J&J 128I3 130
4s, 1903
75
New Jersey—6s, 1897-1902.... J&J »122
a(yuatmcnt,
4s
Now
Var
Columbus, Ga.— 78
120
J&J
68. exempt, 1896
Klchmond, Va.— 6s, 1914
J&J •120
58
13
7H
New York— Us. gold, 1892 ...A&O
J&J
—7-308,
1909
1892 F&A
8s,
Coviugton Ky
68, gold, 1893
J&J 1121s
A&O
7-308 Water Works, 1890.... A&0;§ 103
58, 1921 & 1922
lOlHi
No.CaroUna— 68, old, 1886-'98-J&J 35
4s, 1920
J&J § 99
48, 1927,new
il41
68 N. C. RR., 1883-5
Rochester, N. Y.-7s, Water,1903
J & J 1!170
F&A
58, 1920
F&A 101
68
do
7 coupons off ...A&O 140
48. 1912
Dallas, Texas— 88, 1904
F&A 1081s
68,fundlngactof 1866 1900.J&J
10
103
Water, 6s, 1900
at. Joseph, Mo.— 63, 1903
6s, new bonds. 1892-8.'
F&A 94
100
Comp'mlse 48, 1901
J&J 20
58, Street Improvement, 1928...
Var U514
68, Chatham KR
A&O
F&A
Detroit, Mich— 7s, 1894
8t. Louis, Mo.— 6s, 1899
108 Is
6s, special tax,cla88 1, 1898-9A&0
J&D
68, W. L., 1906
63, gold, 18^4
48, new, cous., 1910
Var. ll'Sia
100
J & J 94ig
3ifl8, 1911
J&D
53, 1900
102
68,1919
125
90
EUzabeth, N. J.—New 43,1912 J&J
43, 1905
IOOI4
Penna.— 5s, new,reg.,'92-1902.F&A
Evausville, Ind., comprom. 4s, 19 1
86
3-653, 1907
V23
48, reg., 1912
A&O
101 14
F&A 120
Fltchbure, Mass.— 68.'91, W.L. .J&J
St. L. Co.— 6s,1905
97
Rhode Isl'd— 83, 1893-4, coup. J &J llOis
Galveston, Tex.-88,1893-1909.M&8
103
St. Paul, Miun.—48, 1912
106
South Carolina— 6s,Non-fund., 1888
3 '8
4is3, 1916
J&D
5s, 1920
112
Brown consols
Hartford, Conn.—6s, 1897
J&J
58. 191.T
II9I4
lennesseo— 6s, uuf auded
10-25 years. 4148, 18^0-l90j.J&J §tuo<s
63, 1904
11914
Compromise bond8,3-4-5-6s, 1912
Hoboken, N. J.-7S, 189J
A&O • "
78,1898
121
Settlement, 68, 1913
Improvement Cp, 1898
J&D
8s, 1897
Bettlomeut,.58, 1913 ...
.'Ss, 1901
do
M&N
3av.innah— F'd 53, cjn8.1909.Q-F 104
Settlement, 38, 1913
102 -s Springtield, Mass.— 68, 1905. .A&O 1^614
Houston, Tex.— 63
Xexas— 6s, 1892
A&O 134
M&8
Comprjuiise 5a, 1918
-.
92
78, 1903, water loan
78, gold, 1800-1910
M&S
Imllanapolis, Ind.-"D" 7-3,'99. JAJ
Toledo, O.— 7-303, RR., 1900. M & N Sligia
_78, gold, 1904
Var \in
J&J
68.1897
83,1893-94
J&J
Vermonfr-6s, 1890
Var UlJis
J &n
Jersey City— Water 7s, 1902. ..Var
123
69, 1899
Virginia— 6s, old, 1886-'95...J & J
A&O J 13
Water 6s, 1907
J*J
58,1913....
6b, new bonds, 1886-1895.. J & J
98
Var.
Funding 6a, 1909
F&A
4s, 1913
«8, consols, 1905. ex-coup
J&J
Hudson Oounty 68, 1905
M&8
Washington, D.C.— A'ee Dlst. of Col.l
oonsol.,
68,
2d series
J&J
Hudson Coimty, 63, 1903
J&J
Worcester, Mass.- 6s, 1892...A&.0:§107
6«, deferred bona?. Trust rec
A&0:§llo^
10
Hudson County 78, 1891
JJiD
53.1905
Xax-rec'yable coups., from cons'ls
A&O §l03i»
321a
BayonneClty, 7s, Ions
J&J
48, 1905
Do
from 10-408. 27 >«
J&D§ 9^1*
Kansas City, Mo.— 8s, 1896.
Var
123
3143.1905
New3s(Riddleberger). 1932. J&J
65ifl 65%
BONDS.
7s, 1898
M&N
10-10s,cp.®.,3to5,1919.J&J
35 12 36
consot'led
vjiU
5s, 1905
companies
[Bonds of
Conso'. coupon, new
32
33
fjawrence, Mass.— 68, 1894.. .A& O
110
be found under the consol'd naine.)
do
ell3
Don-fundable ..
18
20
mort.,
1908
68.1900
A&O
120
Ala. Gt. Southern— Ist
ciTie SEcuHiriEs.
Long Island City, N.Y— Water.Ts...
Debenture scrip, 6s, gold, 1906.. el09
Albany, M.Y.— 78, 191016... M&N 141
123'
« 96
Louisville, Ky.-7s,1903
..Var
Gen'l mort. 5s, 1927
68, 1915 to 1919
M&N 120
6s, 1897
Var
110
Ala. N. O. T. &c. 1st deb. 6s, 1907. e 53
48,1920 10 1930
4o
M&N
.J&De
101
1010s, ^8, 1920
M&.V
iddebout. 68. 1907
106
ji*
Allegheny, Pa.—5«,op., '87-97. Var. 100
106
43. 1923
J&J
98
Ub'y&Sosii.— Cons. 7s, 1906, guar. 13
41*8, coup., 1885-1901
12514
Vnr. 100
105
guar.
A&O
Lowell, Mass.— bs, 1890. W. L.M&N U03is|l03%
Consol. mart.,63,1906,
4s, coup., 1901
Yf^r
105
Lynchburg, Va.— 6s, 1901-4... J&J 11')
Ulegh. Vai.— Gen. M., 73-103. J&J ll3is
Allegheny Co., 5s, op., lliiV.J&j 103
105
8b, 1905
J&J 125
East, eiten. .VI., 78, 1910... A&O 115
48, riot loan, 5-lOs
100 101
Lynn,Maas.-Waterloan,6s,'91.JAJ §10 lig 110 «
Income, 73. end., 1894. ...A&O
48, riot loan, 10-208
100 101
'96
Water loan, 63,
J&J §111 115
Atoh. Top. A 8. Fe-l8t,73. '99 J&J
58,
do
10-20S
101
102
58, 1905
M&N
114
§11314
Land grant, 78, g., 1900 ....A&O
•
48, refunded. 5-20S. 189r-i90"B"" 101% 102
J&D
Maoon. Ga.— Bs
ilO
112
Sinking fund, 6s, 1911
48. Court II0U88, 190-1, reg.. J&J 104
106
Manchester,
108
A&O
N.H.-6a,
1894..
J&J.
M08
1909 (1st uijrt.)
14
5a,
Atlanta, &a.-8H, 1902
."..J&J 117
120
M&S
6a, 1902
JAJ. §117 118
53, plain bond3, 1920
Water 7s, 1901
i&j 116
A&U
48, 1911
§l01ia 103
4149, 1920
68,1895-6
jri loaifl 108
Mempliis, Toun.— C imp. 68, 1907
103
101
CjUiter.il Tru«. OS, 193T...F&A
.".."
58,1914-15
J&J 102
Tax Disc, 6s, 1913
J& ; 1 )^% 1031s Guar. fd. 69, uoti3, 1891.. .M*N }103i«
4IS8, 1916
j*j 100
Tax Dl3t es, H15
J&J 103 103 >s
Calltur. So. -Ist 6s, g.,1926.J& 1
Augusta, Me.— 68, 190S, Fund J&J >120
1-/2
Mluneipolis,
Minn.
.M&9 § 4i'«
-8s,
J&D
Income 6<, 192>
1892.
§108
Augusta, Oa.— 7s, 1900-2
Var 110 111
7s. 1901
Chic. &S'. u— Ist 6s, 1915. M&S,
J&J
§,21
6s, 19ii5
J , J 199
4ias, 191215
111
9}%
Sau.Fd
Cal.-lst
58,19371
lOt
Chic.
&
{103
Baatlraore— 68, consol.^ 1890" ' Q-'j 101
4s, 1J15-17
Cowl. Sum.A Fc.S-78,19 )9. \&0 5U2i4
§98 100
6s, Bait.* O. loan, 1890.... S—
102
Milwaukee,
^IISI
Wis.—
-Ist
19
J9
W»ter78,'02.J&J
Kan.
Emp.
«
So.
78,
tlO
C.
68. Psrk. 1890
(f-M 101
Water 49. 1906-7
Mar'.i & McP.— l8t7a,l9J9.A&0 )H3
JjiJ 95
enoe nominal: nolatetransaitlonB.
§ Purohaswalso
lys i. tx» I lataresr.
1869.
« In L,.>tt Ion.
11 Coupons 01 alno
UNITED STATES BONDS^
4%B, 1891
4i<8, 1891
4a, 1907
4a, 1907
68, Currency,
68, Currency,
68, Currency,
68, Currency,
68, Currency,
IO8I4
IO8I4
12838 1287e
rog..Q-M 108
108
C0UP..Q—
M&S
,
,
.
.
A&O
1
. .
RAILKOAD
.
,
,
.
'
.)
.
•
F
Uabch
F
THE CHRONICLE.
16, 1689.]
359
GENERAL QQOTATIONS OP 3T00KS AND BONDS—Ooj»TiNa«D.
For Krplan«tlon» 8«« Nolo at HfA ot FIrrt Page of <taotatlooa.
Raiuioad Bonds.
Bid.
Alob. Top. A 8. Fe— (Oontlnuod)—
South. Kiinsaa, l8t Ss, 162G .M&8
Ohio.
99
Texas DlT., iBt 58, 1027 ..M48 77
Income 6s, 192"
77
WloU. A West.— 1st (is. 1911
100
J^
Florence & Kl Dor'ilo. l8t.7«.A&0
K.O.ToiiekaAW.,l8tM.,7a,g..J*J
an
luoomets. MiSih
Atlanta .& Charlotte Air
Income, 68, 1900
89 >i
78
78
108
110
ll» 120
108 H 110
115
V.Mex.<)k8o.Pa<!.l8t,7B,1909.AdtO
Pneblo (k Ark. V.. l«t, 78, K.,1905.
Bonora, iBt, 78. 1910, gnar.. J&J
Wichita A.S. \V. 1 st,78,B.^ua..l902
,
Railboad Bonds.
Ask.
C— l8t.7«
II214
112%
77
1U8
111
79
I2214 122'*
t04i« 106%
81
81>a
AAO
Atlantic A Pao. -l8t 48. 1937. J*J
W. 1). Incomes. 1910
A&O
Central Div., old Go, 1901
.
20% 21
90
20
20
do
Uiconies, 68, 1922
do
ace. Id. sr. 68.1891
AuRiista A Knoxv., 78, 1900. ..J&J
Baitiiriore it Ohio -New Is
A&O
OsRold, 1925
F&A
OinsDl. KoldSs, 1988
F&A
100
109 110
101 >a 102
107
101
el08
el06
C113
do
68, g., 1910. MAN el23
,
„
Balt.&Pot'o— Ist, 68,K.,1911A&0 122
l8t, tunnel. 68. g., g'd, 1911. ,TAJ 124i«
Beech Creek— iBt.g'ld, 48, 1936,J&J
89
Bell's Oap— 1st, 7b, 1893
J&J 109
BelvidcreUel.- lgt,68,0.,1902.J&I) 11913
Cons. 4s, 1927
F&A 100
Boston A Albany— 78, 1892.. F&A 109
88, 1895
J4J „^..T,
112%
,
lOtii
109
110
108
115
125
92 >«
llOJa
109i«
U^ia
48, (Neb.), 1910...
rS2'« "^^^ P.-Oen.M.78,'96. J&J
i°5S-^;*^™-l«- 78. 1^16.J&D
& Pittsl).- Gen.58, 1937
Eool.. A p., 1st.
1921. ...F&A
Consol., Ist «8, 1922
J&D
»afl.& Southwest.— 68, 1908..
J.&J
Burl, Cedar Rapids & Northern—
l8t. 5s, new, 1906
jaD
Cons.lst&col.tr., 58,1934. A&O
Iowa C & W., Iflt, 7b, 1909 mas
C. Kap.I.F.&
U.".,
Chic.
93
9214
110
106
N.,]8t,68.1920.AAO
1st, .5s, 1921. ...A&O
n„,,.^°Pac.-l8t
OiUUor.
M.,4'j8,1912 J&J 107 112
^- ?8. g.,end C. Pac, -gi.J&J 102 1106
54
8d M. (guar. C. P.), 68, 1905. J&J I'.Olia
60
38, 1905.J&J
*.»?",
Ctat^Lr.
Ownden 4
Atl.-lat,7s, g.,'93..J&J 110
2d mort., 68, 1 901. . . ...... A&O
Dak.
AAO
1910
A&O
Oatawi88a-Mort.,7B, 1900.. ..F&A II9I3
Miu.-l8t,
*
7s,
1907.
J&J 6ft
J^
f"^.^
Cent.
Br. U. Pac.,l8t8,6s,"95.M&N 10712
Fund, coupon 7s, 1895
MAN 108
•
Atch.Ool.APao.,lst,f>s,1905Q.—
Atch.J Co.AW.,l8t,U8,1905.Q,—
Cent of Oa.-lst.con8.,7B,'93:j&J
Central of N. J.-i8t,7B,
Gen. luort., 58, 1987
con v., 1902
108
101
M&N
Q-J
M&N
1908
Imp. Co.,58,1921.J&J
106
>^r^t,.r^7.9»°•7«.•?•,1900,a88,Q
Cent.
Ohio— Ist M., 68, 1890. MAS
Keorg. cons. l8t,4>c8, 19J0.M&8
^.»« -l8t, 6b, gold, 1895 . JAJ
1 .V
102
102
113
78,
Consol. M., 7b, 1899
Conv deben.
^™pk *
lat, bs, gold,
Ist, 6«, gold,
l8t, bs, gold,
68,
1896
1897
1898
75
111% 112
llSis 119
IO8I4 1081s
89% 90
no
(Jt.
So. 58,
JAJ
1916
1929
AAO
OS, 1929
do
AAO
debent., 58,1933..MAN
do
Exten. bds. la, 1926
FAA
25-yra. deb. 58, 1909
MAN
Escan.AL.Sup., lat, 68, 1901.J&J
68,
Chic. A Mil., lat M., 7s, '98.. JAJ
Mil. A Mad., 1st, 68, 1905. .M.&S.
Madison Ext., Ist, Ta, 1911.
Menominee Ext.,l8t,78,19l IJAD
103 14 1031s
1241$
Ott. C. F.
110
.
Ilia., Ist,
58, 1910...
118
118
105
MAS
S.
97
S2
37
12
ii9»i
96
IM
io.5% ......
1C1%....
10O»g 101
80
90
82
85
110
102
80%
91
8S
8S
115
102%
113
113
105
108
>103
115
108
110
107l(
101
i
MAN
117%
130
130
134
136%
i07'
1051s 108
«11&
12U
9508
Fac— U8,1917,ooup J JtJ
132 133
105 Is 105 <>8
J&J
Exten. A col. 5s. 19.34
Chlo.&S.W..l8t.7B.guar.,'99.M&S
AAO
•2d M.78, 1904. MAN 5115
do
IJn.A Logansp.,l8t,78, 1905.AAO iH7
Cln. A Chlo. A. L., 78, 1890
Chi. St.P.A K.C.-l8t,g, 58,19J6JAJ
<
119%
97
38
111
102
89
122
112
'"•
118
AAO
Perpetual 58
Erie A Pittsb.— 2d, 78, 1890. .AAO
JAJ
Cons, mort,, 78, 1898
AAO
Equipment. 78, 1900
Evans.A Ind.— l8t,guar.,g.,es,1924
JAJ
lat, con., 1926
Evana.A T.U.,l8t oon.,6a.l921,JAJ
Mc. Vernon— lat, 6s, g.,1923AAO
Evansv.T.H.ACJhi.— l8t. rts, g.l900
Var.
Fitohburg- 5s, 1899-1908
121
FAA aoo
107%
122
122
101% 104%
Consol. 58, g., 1958
JAD
Jat Ext., gold, 59, 1937
Equip. A imp., g., 58, 1938. .MAS
Mobile A Birm.. 1st, 58,1937.J&J e 96
98
Knorv. & Ohio, lat, 68, 1925. J&J 105% 106%
JAJ 113%I
Ala. Cent., lat, 68, 1918
East. A W. Ry., Ala. -lat, tta, 1926
Eastern, Masa.— 68, g.,1906. .MAs!5125% 126
Easton & Ainboy-M.,58,1920M*Nl
Ellzab.Lex.&BigS.— 68. 1902..VIA8
BlmiraAW'nispt— 1st 6a,1910.JAJ
C.& Pac, lat. 68, 1898. .JAJ
St. L.-Uu. 58,1928. MAS
Poroliaser also pays aooraed Intsrest.
102%
128 •• 138
99% Mort. 78. 1907
MAS
Den.AR. O. l8t78,gold,1900.MAN
102
lat con. 48, 1936
JAJ
IOII4
Impr., g., 5s, 1928
JAD
lOlia 102 14 Denv.A Rio G.W.— l8t,6s, lOllM&S
sua 11314
do
aaaented
510114 101% Denv.S.P.APao.— l8t,79,1905 .MANi
121% DeaM.A Ft.D.— (3uar.4s, 1905. JA.1
1st mort., guar., 2 %a, 1905 J&J
911s
Ist .VI., on Ext. .guar. Is, UlO.IJJtJ'
Det.AB.C.l8t,88,en..M.C.1902MAN {.132%
145% Det. B. C. A Alp..l8t,6a.l9l3 JAJ' 107%
131% Det.G.HavenA.Mil.— Equlp.68,1918 «117
123
Con. M., guar. 63, 1918
AA0l«117
llOia
Det. L. A North.— 1st, 78, 1907.JAJ1J119
113
Gr.Rap.L.A U., l8t,53,1927.MA9 J 95
100 101
Det. Maok.A M.— M. gr. 3%8, 8. A
IO6I4 107
Dub.AS. City— lat.2d Dlv..'91.JAJ
111
DuUith A Iron R.— l8t,58,1937 AAO
Daluth 8. 8h. A Atl- 5s,1937.JA J
127
135% Duuk.A.V.AP.— l8t,78,g..l90OJAD
124
E.Tenn.Va.A Ga.— Ist, 78,1900 JAJ
12; Is
Divisional, 58, 1930
J>teJ
100
99
ioo"*
Chlo. St. L. AP.-lat, 58, 1932.
Chlo. A Gt. East., lat, 7s, 93-'95. 105
C0I.A Ind. C, l8t M.,78, 1901.JAJ 5120
}
1021a
Del.&Bound B'k— l8t,78,1905FAA
105% Del.Lack.A W.- Couv.7s,1892 JAD
I
no late transaotlons,
A Rome.— lat. 63. gu.Cent. Ga.
Col.AWest.- lat, 68. guar Cent. Qa.
Col. A Xenla— 1st M., 7b,1390.M&8
Col.
lOOH
119
AAO
AAO
MAS
AAO
68,1897
1894
4%8, 1897
4», 1907
78,
Boat.H.T. A West, deb. Sa, 1913.
FUul A P. Marq.— M. 6s,193U.AAO
Ft Worth A Denv. C— Ist, 6s, 1921
Frem't Elk'nA Mo.V.—6s,1933 AAO } 123
do
Unstamped.. ill9%
do
Gal.Har.ASauAnt- l8t,6s,g. 1910.i lOS
JAD 103% 103%
'2d mort.. 78, 1905
95 "7»"*
West. Div. Ist, 5s. 1931. ...MAN
70
Gal.Hous.A Hen.— l8t,58,1913AAO
JAJ
Georgia— 78, 1890
JAJ 109 110
68. 1910
I
;
W.-l8t,7B,102U4l inn
Consol. RR.oi' Vt., iBt, 58, 1913.J&J 4 81%
Cor. Cow. & Ant.— Deb.68, '98M&NI 105
Cumb. & Ponn.— l8t6B, "91
MAS
102
I2514 Cumberl. Val.— 1st .M.,83,1904.AAO
Day ton A.Mich.— Con. 5s,1911.JAJ
12414 I2518 Daytcm A Union— iBt, 78, I909JAD
nils
Dayt.A WcBt.— l8tM.,68, 1905.JAJ
1st mort., 78, 1905
1021s
J&J
no's 112% Delaware— Mort., 68. guar.,"95. J&J
!
Price nominal
F.
100
125
124
95%
107 <s
Chic.St.P.Miu.&Om.— Con. 69, 1930 1311s Vi2
113
115
Minn.
IIOI4 111
l8t,6B,191«MAN
Ch.St.P.A
^d mort., 78, 1910
127
A&O 113 115
St. PaiilAS.CIty,l8t68,1919.AAO 126
Consol., gjid, 68, 1933
J&J 105 106 1* Chic.A W.Ind.—S.fd. Oa, 1919 M&N 114
Chartier8-l8t,7s, 1901
AAO
General mort., 6s, 1932 ....Q-.M 1171s
12614
Uhes.AOhlo.— Pur.money fd.,68'9S IISU
9514 95%
Chic. A W. Mlch.-5», 1921 ...J&D
Series A,68,1908, coups, off .AAO 1171).
113
il<j" Cin. A Bait — Ist, 78, 1900. ...JAJ
68,1911,
102%
,.
Posts.—
Ba, 1901AA0
AAO 117>4 118 Cin. Georg. A
Ohe«.AOhlo Ry, latSsV 1939Vm&N 94 3g 94Se CJln. Ham. A Daya.—Consol.Ss A&O
106
Cnefc O. & S.W.-M.68, 1911. .FAA 109
126
AAO
Conaoi. mort., 78, 1905
110
_2<lmort.,6B, 1911
A&O Sll3 1114
FAA 77
C0U80I. mort., 6s, 1905.
81
Che8hlre-68, 1 896-98
liaa.
97%ll00
19J7. J&J
J AJ 5107
2d mort., gold,
103
Chlo. & Alton-lst M., 7s, '93.
.J&J 111>*
Cin. H. A 1., let M., 78, 1903.J&J 111% 112
Sterling mort., 6b, g., 1903.. JAJ «122
94
Cln.Jack.4Mac.-l8t,58,1936. JAD
124
Bds. Kan. C. llue,6s,g., 1903. MAN 124
93
90
Cln. Van W. A Mioh. - l8t,08,1901
126
Mlss.Rlv.Bridge, l8t.,8.f.,6s,1912 106
100
Cln. Leb. A Nor.— 1st, 58, 1916J&J
Ix)nls'aA Mo.K.,l8t,7B,1900FAA
can. Rich. A Chic— 1st. 78, '95.JAJ 4110%'11-i
120>s 23
*
&
Clnn.Sand.A Clev.— 68, 1900. .FAA }100
21 mort., 78, 1890
JAI) il02>4
Consol. mort., 58, 1928
JAJ )102>«
Cln.ASp.- 78,C.C.C.AI.,1901.AAO 120
78, guar., L.8.A M.S., 1901.. AAO 120
Cln. Wash.AB.— l8t,gu,4 %v68MA S
2d mort., 58, 1931
IS
J&J
3d mort., gold, 38-4s, 1931. .FAA
25
Income Sa, 1931
10
Bait. Short L., lat, 7e, 1893. J&D
Clearf. & Jeff.— lat, 89, 1927 .JAJ 118%
Clev. Akron & 0)1.— l9t,6e,1926J4J «100>«
G'n. M., g., 68, 1927
M&* ( 961*
Oleve. A Canton -lat. 58. 1917. J&J
9S>t
Clev.Coi.Cln.&Ind.— l8t78,'99MAN 123
Consol. mort., 78. 1914
JAD 132
Cons. 8. F.,78. 1914
JAJ
Gen. con. 68, 1934
JAJ 11616
no's Conn. APaasump.- M.,7a,'93.A&0 >110% 110%
Massawlppi, g., Os, gold, '90 JAJ 100 100%
Coun. West.— Ist M., 78, 1900. J&J
30
Connecting (Phila.)— Ist. 6s ..M&H 118
M&N
Cliic.R.l.A
IISI4
«107
109
1041s
Rich.
1107%
10
120% 122
.
Chic. ATomah.— l8t,68.'05.M&N
(Jedar R. A Mo.-dst, 78, '91. FAA
let mort., 78, 1916
2d mort.. 78, 1909, guar... J&D
117»8 ChicPeo.A
i02H
n.
10«
1251s
110
115
A&O
Northwest.Un., lst,78, 1917. M&S
North.
10914
1271s
122>s
111
120
105
118
Wlnona&St.Pet.- 2d78,1907M&N
& St. P., 58, 1909 MAS
109
102
j&j 113%
J&J 113%
JAJ 115>«
H.Joaquln,lst.M.,6s,g.l900.AAO
cai.AOr.C.P.bonds,68,JS,'92J&J
68, g., 1890. A&O
Uortgage bonds, 6s, 1936. ..A&O
West. Paoif., iBt, 68, g., '99.. J&J
O^rte Col.&A.-Con8.,78,'95.J&J
i*nd grant M.,
1914
Dea M.A Minn'B,l8t,78,1907.F&A
Iowa Mid., Ist M., 8a, 1900. AAO
PeniuBula, 1st, conv., 7a,'98. MAS
1013e
1890.F&A 103 <4
J&J 108 >g
A
Sinking fund,
Ceut.-lst,6s,g.,2000.J&J
2d,tno..68,1915....'!l;
Div., Ist. 6b, 1920. J&J
Wisconsin Val.. lat 7a. 1&09,J&J
(aiio.A Northw.-Con.7s,1915.(J—
Consol., gold, 78, op., 1902. .J&D
OMiada 8o.-l8t 5s. guar.', igos, J&J 108%
2duiort., 5s, 11)13..
MAS 94 4
Cape Fear &Yad.Val.,l8t;ti8;i916
log's 102%
Carolina
3d, inc., 6s,
58, g.,
Dubuque
.
jXj
Cons. 68, 1911....
JAJ
Terminal
Wis. Val. Div., lat, 6s, 19'20.J&J
Fargo & South.- 6s. ass. 1921 JAJ
Inc. conv. sin. fund 58, 1916 JA.I
.
gois
1141s
8408
^114
. .
Chlo.
98
83
99
109 Og
104 Is
i
do
116
81
C
13214
103
I
1071,1
ni. Grand Tr.. 1st, Ss. '90. ..AAO 104 >4
Dixon Peo.A II., 1st, 8s,1889. J&J 101 lOtis
Belief. A Ind. M., 78, 1399... JA.I
Ott. Obw. & Fox R., 88, 1900. J&J 121
125
Clevo. A Mah.Val.- O, 5s, l»y8JAJ
(5ianoy& Wars'w, 1st, 8b, '90. J&J 105
106
Olev. A Pitts.—1th M., 68, 1892.JAJ
Atoh'n A Neb.— 1st, 78. 1903 MAS' 1261s 127
Consol. S. F., 7s, 1900
.MAN
Eepub. Val.. lat, 68. 1919.. .J&J 105
105 Is Colorado Mid.— Ist, Oa. 1936. .JAD
Chlo. Burl.A Nor.— 58, 1926.. A&O 100
100 la Columbia A Gr.— lat, 68, 1916. JAJ
2d,168, 1918
J&D 961* 90% 2dmort.,6.^. 1923
AAO
96I4 Col. A Cin. Mid.— 1st, 68, 191 4.
Debent. 68, 1896
J&D 96
J&J
Equipment 78, 1903
F&A IO6I2 107 Columbus Hooking Valley *T.—
Chic. & Can. So.— Ist, 78, 1902 AAC
Con. 5.1, 1931
MAS
80i<
Chic. Kan. & Weat'n.- Ist, 6s, 1926
80
Gen. 68 gold, 1901
JAD
Income 68, 1926
20
20 14
Col. AHook.V.— lstM.,78.'97.A40
Ohio. & Eaat 111.— 1 at mort. 68, 1907 119i« lion's
do
2d M., 78, 1892. .IA.I
lat, con., 68, gold, 1934
A&O 122 >s 124 14 Col. AToledo— l8t7s,1905..F&A
Gen. con., lat, 5s, 1937
103 14
M&N
do
2d mort., 190O. MAS
Chic. & Gr. Trunk— lat, 63., 1900
OhloAW.Va.,l8t,8.f.,78,l9iO.MAN
Chic. A Gt. W.- l8t,g.,5B,1936.J&D
95 ioo
Col.SBringf.AC— lat. 78,1901. MAS
A Pac. Div. 6s. 1910 .JAJ
West. Div., 58,1921. JAJ
A Mo. Riv. 5b, 1926.. ..JAJ
Mineral Pt. Div., 5s, 1910... JAJ
Chic. A L. Sup. L.1V., 58, 1921JAJ
Wis. & Minn. Div., 5s, 1921. ..J&J
100
192o 410714 10»
Q-F 97 gs
lstgold48,1936
42
Ist M., 58. La C. A Dav.l919JAJ
80. Minn. I8t6s,1910
JAJ
96
116
Bid.
4 Chlo.—Con. 6«,
Oln.&Indlanap.. lBt.,7a,'92.JAI.
2d M.. 7a, 1802
JA.)
Indlanap. C. 4L., 7». 1897.. FAA
Cln. Laf.AC— l8t,7»,g.l901.MAh
80
JAJ
St. L.
1151s
133
4102
109
104
Neb.RR.lst,78,'96AAO
Om.AS.W.,l8t,88,1896
I.
120
110
118
Boet.Ccnc.A Mon.— (Jons. 7sVi893|5l08'4, 1081a
Consol mort., 6b, 1893
A&O 5 104 105
Improvement 6b, 1911
J&jlJllO IIOI4
^'^^'^„^i-oweU-7a, 1892. ..A&O MO8I4 108>s
1896
g»JAJ 5U2H 112% Ch.&Ind.CoalR'y,let58,1936 JAJ
189?--109
J&J!il08ia
Chlo. Mil. & St. PaiU—
"
5f' I9O0-6-7
48,
lOOH
Var
P. du C. Div., Ist, 88, 1898. F&A
4i«8, 1903
105 13
mIn
P. D., 2d M., 7 3-IOb, 1898. .F&A
Boston & Maine— 78, 1893,.'...J.fe,T
111
E.D., lat, $, gold, 7s, 1902 ..J&J
78,1894
_.
112
J&J
La. C, 1st M., 78,1893
J&J
Boat. & Providence— 78' 1893!j&JiJfIli3 112
I. &M., 1st M., 78,1897
J&J
E'?'^®^®'"<'^''>-lst,6s.'97.J&J
111
5110
Dak.,
Ist
I'a.
&
M.,
78,
1899.
J&J
5?
K.-let,68, 1932
*
Hast. & Dak.Ex. l8t,78, 1910. JAJ
K^'.^^t^?':^Bradf.Eld.A Cuba-lst.68, 1932 J&J
do
5s, 1910
JAJ
Brooklyn Ele.-lst, 6s, 1924.. AAO IIOI4 IIOI3
Cblc. & Mil., Ist M.,78, 1903. J&J
Zdniortg. 5s, 1915
J&J
89
Consol.. 78, 1905
J&J
Union El.— 1st, 68, 1938 ...MAN 106 ig 10 3%
iBt M., I. A D. Ext., 7b, 1908J&J
West. 1st. Is, 1938. .J&J
*
lat M.,6s, S'thwest Div.l909JAJ
ui'^t
Buff.Koch.
Railboad Bokds.
U5i«
Bnr.&Mo.(Neb.),let,6n,1918.JAJ
do Cons. 6a, non-ex. .JAJ
118!>8
A&O el07
M&N
do latKUar.(504),78,'94A&O
do 2d M. (3(H)), 78, '98. .JAJ
do 2dguar.( lMS)7a,'98.J*J
CI1I0.& Atlantic— 1st, 08,1920.M&N
2d, ds, 1923
F&A
Chlo. B.AQ.— Cons., 78, 1903. .J&J
Bonds, 58, 1895
jad
Sa. sinking fund. 1901
A&O
Sa, debenture, 1913
MAN
Iowa Div. 58, 1919
A40
Iowa Div.. 48, 1919
A&O
48, Denver Ext., 1922
P&A
4b. plain bonds, 1921
MAS
Plain, 7s, 1896
JAJ
Neb. Ext., 48, 1927
M&N
Bur. A Mo. R., I'd M., 78,'03.A&O
do
do
do
Ask.
Cln.
LoulB'a &lIo.R.,2d,7B, 1900
St.l>.Jack8'y.*C., l8t,7s,'04.A&O
107%
Parknrsliur»r Br.. 6e. 1919. ..A&O
BcliuylklU aiv. East Side 58, 1925
BtorUnj?, Iijb, 1933
Bterling, 58, 1927
J&D
Sterling, 6a, 1895
MAS
Bterllne mort., 6s, g., 1902. .MAS
Bid,
& Alton— (Continued)-
j
Georgia PaolBo-lst, 6s. 1932. JAJ
Con. 2d mort., Ss, g 1923. ..AAO
2d mort incomes
Cod. Income, Sa. g.. 1923 ..A*0
In Loadon.
,
I
Oiapoa
o3.
«
109%
78% 79
109
SO
24
In A'nsterdaia.
2i"k
JT
THE CHRONICLE,
360
SCOJO AMD
UBXERA.L QUOTATIO-^3 OF
For Biplaaadotts See
Railroad Bonds.
6120
»117
^110
95
83
Or.B'y W.&at.P— 1 st.6s.l91 l.F.&A
21
2d, incomes, 1911
OuU Col. & 8. Fe— l8t, 7s,1909 J&J II3I2 I14>s
A&O Xl»a
2d, 68, gold, 1923
Hau. .Si 8t. Jo.- Cou. «8, 191 1 .MAP 121 i22"
116
Kan. C. * Cain., 10s, Is92 J&J 5114
Harrl8.P.Mt.J. &L.— l8r.48..lHIH 105 109
Hart. <fe (louii. W«,.t.-o8.1903 JAJ 5IOU
io»>«
Honaatonic — Cons. 5a, I9J7 .MAN
50
Ho'at.E.AW. rex.— l8t,7s,'98.M&N
J&J
2d, 6a, 1913
126
e.& Tex.Cen— Ist 78. Tr. reo..l891
& Ind.— iBt, l.g., g'd, 7s, «.
lBtM.,78,l.K.,gold,not guar.A&O
Kx land grant, 1st 7s, '99
MAS
Consol. 5s, l«:i-i
.
West.Div., Ist, 7e,Tr.rrc.'91.I&J
.r.. 1901.JAJ
Cons. mort.. Sa,1913,Tr. rec. »,&0
Gen. mort. 68, 1925, Tr. reo.AAO
Hunt. A Br.Top-l8t, 7a, '90. .A&O
F&A
2d mort., 78, g.. 1895
Cons, 3d M. 58. 1895
A&O
ni.Cent.— Ist Chf & Spr. 6s,'98. J&J
Waoo & N. W., 1 at, 7s.
104
19M
J&J
95
A&O
elU
113
58.1905
J&D el07 109
Cliic8t.&N.O.— lat con. 78,1897. 1201s 123
2<1. 6s. 1907
J&l)
Ten. li.>n. 7a. 1897
i'23"
M&N
68, 1951, gold
J&D
Bterling.
AW.— G<il(l,5s.l947.. A&O
1).
& Gt.North.—
121
at.6s,1919.M&N
2dcoap. 6s. 1909
M&S
lonla&Lausing- l8t88,'89. ..J&J
Iowa" ut.— MI g.. Ra, 1938. J&D
&
1
Gi-n.
1912
He,
J&J
I.oui^villf &8i. L., '8, M 2.'.A&0
Jeffoisou l8i 5s, gii .r. Erifl .. Shift
Jefl. Mad.& Ind.— ist. 78,1906.A&O
2d mort., 78, 1910
J&J
Kanawha &0.—1 stria 19.^6 J AJ(
Kan. U. rniiiton A Hpr. 161,58,1925
Pleas. Hill
De Horo, 1 st, 78. 1907
Kansas C. Lawr. A So. l8t.6a. 1i»09
116
1251s
—
I'oo"
120
107
Kan.C.M. &B. Ist, Ss, 1927. M&S
K.O.St Joa.A O.B.—M. 78.1907. JAJ
N(idaw«y Val lBt.7a,lM2ii JcftI)
K.C.F.8n.<vMBiii.-iRt.«8,19'.>8.M&N
Current Rivfr, 1-t ."is I927.AAO
— lHt.78,lH0HJAD
O
Kan.O.Wy.&N W -lst5s.l93^.J&J
Ken. Ceni. Ky.— Gold 48, 19M7.J&J
1
1
BUore « Micli. So.—
OI. P. AAsli.,new7a, 1892. .A&O
Boff.A E., new tid>,\I..7a.'98. A&O
Ii.
Miami— keni-wal
1,.
Rock
&
J&n
g. 6s.'
.5K.i:i
Ft.H.-lat, 78,
1
119
1.171.
133
90.5..JA.I
^107
N.Y.*K'y.iMi,
81
8.1927.MA8
tr.
2diu..n. lu... 1927
8
K.Y.dt Man. aeach. lst78.'"97.J&J
M. Y.B.ii ^ B..Utuon. 5a. 1-13S
Brook
&
Iht.-a,
M(in.,J8ti
IHU
8.
1911.F&A
115
120
109
58 Hi
2d
morl., 7m. I«ii7
AAO
& St l.,-l8t 68.1926.
2il mort.. ;i-«a lu.ui
...A*'
R.&I!,. piv.. iHi.Ka. ih21..J,«J
««ul8. & Niwn
Cojis. ist. T8.189N
Xou'T.iiv
A&
Br., 78.
1
M&S
1907
N.Y
& Can.— £M.,6s,g.,1904.M.*N
N.Y.(;.& Hud Riv.-Ext'dos. M&N
1931.MAN
ifil *S^"S '*/••««•
Mam.*
0.,atl.,
.vi..7a, g.,l90l J&i
ir^^''i£"V','"'*«'""'«-l'->02 F&A
«. O. <k
Mort., 78. coup., 1903
,
do
Uohenture
2.', 6a,
1..30 ...J&.(
M&S
1921
rta,
1904
Sterling mort., 6s.
Fensaoola Dlv.,i8i.6».l920..M&s
l«t. 68.
JAJ
M&S
J&J
104% N.Y.Chio.&St.L.-lsr.48,1937 AAO
N. Y. Elevated.— 1st. 78, 1906.J&J
N. Y. & Greenw'd L.— Ist M. inc. 68
Mobile, lat 6k. 1930. J&.J
Otl^lulaDJv..
1912
F&A
M&N
—
OeolUau
& Col.— Jst. 6s.
N. J. Jii .ction, Ist, 4s, 1^86
N. J. A .V.Y.-lst. 69, 1910 ...M&.\
N. J.Southnm- 1st, 6s. 1899 .J&J
N. O. & Gulf.- 1st 6«. 1926.
S. O. & Norclieait. -Prior 1.6a.l9
g., 1903'.".'.
2d mortgage income, 6s
K.
H & N.,
l8t 68, 1919
Oenl mort.. 68. 1930...
BO.ANO Ala., 8. F. «8, 1910
Xnu-t I«)i,il8. 6h, 1922
Ten-fort, Ha. 1h2»
JO-year dohl. 8. 19..7.. ..
A&O
II214
19 1.... MiiS
111 -Uv,iih,gu,'21.K.\iA
98 >»
.'
rH'
.
VttlKuUv
.
.r,
1
1
.u.iiaii
.V.
u«
i
Uu
p^Y
2nd, 5a. guar., 1923
N. Y. Lake Erie & Western lat M., extended. 78, 1897.
F&A
M&N
2d mort. exteudi'd,.58,1919.M&a
3d M.
ftn,
U-tT.N.A.AClilo.- l«t,ii».1910.Jj£j
Oon.n-or 6k. Iu.h
a&O
Iinl'ai.
N.Y. Lao'..& W.-lst,6s, 1921.J&J
g_M
SaN
MAN
ir.g.i.i.
J*!,
feosa.
&
N.Y.AHarlem- 7a,coup.,l!)00.M&N
JdiD
ji,u
9S'8
117
10,) "a
loiU
llirt
transaoUons.
extenilMl. 4ia8, 1923..
4th M., exteudMd, Ss, 1920
5th ,VI.,exte .deil, la. l'J28
Ist cone. M.,7a, g.,l<>20
2d uons. Bs, 1969
CoIlat.«ra) Tr. 6«. 1M22
New
MAS
A&O
J&D
M&S
J&D
M&V
714
in
120
112
lo7
110
115
95
TA.r
Clinch V. D., ] St .-q. 59,1957. M&S
Norf'k & Peterab., zd, tin, '93. j «
112
80. Side, Va.. ext. .•i-rt-8a,'9019iiO
2dM.,ext.'S-6»,'.>0-190.i
do
do
3d M.. 6a, '96-19II0.J&.)
ma
91
->
iOOis
1011
liO
126
lz2
107
120
118
120
110%
110'^
118
07
;
120
19
110
117
102
10(
ll778 113
Li's 116
1> 4>a|l05
101
1
lOijis
119
Mt.l8t,6<. 19 17 M&S
1
1
H26.J&J
Consolidaied gold .'is. 1928 AAO
Decatur— lst,78,1900.J&J
80
1
.
<
lat Extension 68, 1927
Q-J
lat pieft^rred debeniurea
L.& Cairo— 4a, guar., 1 93 1 .J&J
Natchez Jack.
1894
50%
& Man.. 1st, 6a, 1936. .J&J I'l^Tg
Djk. Exr., Ist a.f. 68, 937. J&D 107
No.PiC.A Mun.. 1st, 68, 1938. M.VS 102 i02>e
Coeurd'Al.,l9t,g 69, 1916.MA8 105
II4I2
Crni.Waah'n, Ist g.ea.iass. iI&S
loe^s
North. P*c.Ter. Co. l8t,6s.'33.J&.l 106
Norw'h &Wor.— l8tM..6a.'97..M vS )111 113
100 lul
Ogd'nab'g&L.Ch.— lat M.68.'97,J &.
MAS IlOJS lUl
Sill king fund, 8s, 1890
A&O iOil>s
Couaol. ,68, 1920
20
so
tnc(>iiie.6s. 1920
Ohl I. & W.— Ist pfd.5s,l938. Q-J loo
73
71
II314I
Q-.l
1st 59, 1938
42
49%' -'d -8, 1938
...Q-J
ll5% 123
Ind Bl.&W.— Ist, pf., 7s, 1900
Mohile&O.— Ist,g'rt,e8, 1927. J&O
Gen luoit.. 4s, 1938
M&9
liOl* Nashv.A
M.«fi
X«a'T.C.& Lex.-l8t,78.'97 J&J(exi
(!iinv.dBb., 68,
314
90
6^
68
l)ul.
ji&^
I
F&A
Midl'd of N. J.— l8t,68.1910.AAi
Noif. & Wrst.— Geu., 68. 1931. M&N
New River lat 6a, 1932
A&O
FAA
Impr. & Exten., 68, 1934
Q.— M.
AtVJuatmeut 78. 1924
Eiiuipment, 58, 19 18
J ftl>
Uelena& Red
Verd.V.Ind.&W.,l8t,.5s,1926\l&8
C. Val., la ,5a.
I&J
98
Sp'ikane A Pal., 1st 6a, 1936.MAN
St,.P.& Nor.Pac. gen.69.192 (. P& \
M&N
3d mortgaee, 78,1906
1917
50
1937
I9i7
j"
IO8I4 li.8i«
A&i)
'97.FAA
1
..J&D
Triiaf, irold, ?a,
4IS8.
6a,
I
l8t M., Iowa City& W., i909.J&D
2d mort., 78, 1891
J&J
&
& W.-Deb.
Debonlure 6a, 1905
MAS
Nonhoa8t..S.C.— lat M.,83,'9n,fti Va
.M&s
2d mort.. 88, 1899
12iia Northern, Cal.— Ist. 6s, 1907. .J&J
101%! Northern Cent.— 41*8, 1925 .A&O
Amu
116
2d mort., 68,1900
Con. mort., 6s, g., coup., 190ii.J&,l
i'03'
Mort. bds., 58, 1926, seriesA J&J
do
series B
I'li"
J&J
Cons. M. 68.,19t'4
109
Con. moit, stg. 68, g.,19(i4.. .J.«.i
Union RR.— lat, 8, eiid.Cint.,'95
Nor. Pac— P.D'Or.D.,6a,lai9.M&o
M&.N
60
Mo. Div. 68,1919
J&J
Gen'l 1. g.. Ist, 68. 1921
Gen. land gr.,2d, 6b. 1933.. .A&O
1937..
J&U
land
gr.,
Sd,
6s,
Gen.
100
07.J&J
Divld.-ud scrip ext. 6e,
Jamea Kiv.Val.— '.8t,g..'>8.'.16.r&J
J&D
J&D
49, 19.52
63
63
80
M&N
&
« "-S
101
Mi.li. Div., lat, 68. 1924
J&J
Div.. lat 68. 1925. .M&S
Ineomea, «a, 1911
St. P.E. &Gr. Tr'k, Ist, guar.. «s
No.— lat. 68,1910..
Mil.
lat, 6s, on extension 1913. .J&D
Mlnn'p.
St.L.- l8t, 7a. 1927.
Morrts& Essex- l8t,78, 1914 M&N
2d mort, 7s, 1891
F&A
'!onv. bonds, 78, 1900
J&J
General mort., 7s, 1901
A&O
Consel. mort.. 78, 1915
J&D
Nashua & Lowell— 6s, g., '93 F&A
.5s, 1900
;f&A
Nash v.Ch.& .St.L.— lat, 78,1913 J&J
2d m.irt., 68, 1901
j^fe,i
"jAD
18. .9.ri
M&S
&
2%
«
107%
Va.& Tenn., 4th M.,Sa, 190i).j&j 12. i« i.5
do
extended 5a,1900.J&J 1 3
I08I3 North Penn.— l8t,7e, 1896. ...M&N 119%
132
(Jen. mort., 7s, 1903
J&J
Morg'n'8La.&Tex.,l8t,68,1920J&J 115ifl
Ist mort., 7s, 1918
A&O 12o
IJttleR.& Mem. -l8i.5.,,19.S7.M&s
tone Island— i«t M.. 78. 1898.M&N
1st con»iil. .5«, 1931 ...
Q—
Oen.M.
112i« 111
St.
M&N
12
M&N
"
es,1891
Leroy
6J AJ
1
1331s
,
129
129
i
Oen. M.. 6a. If., i<)23
IJtchf. Car A W,-8t, 1 si
1902.M&N
N.Ind.,l8t,78 (gnar.M.C.)
Mlss.&Tenn.— Ist,
I«tiie
Det.Mon.A T»l. 181,78.1906 F&A
Kal.A Wh. Pi«eou.l»t.78.'90..J&,J
Dividend t'onila. 7s. 1899... A&O
IkS.&M. P ,l«>I18.,cp.,l8t.78.J&J
do oone. reu.,l8t.78,1900.Q—
do ocins., cp.. 2(i,7a. 1303. .J&D
do 0on»..rn.'..2d.7a,19O3 J&D
Mahon. oal KR. ist,5».1934.j&.;
I«Iugb Val.— Ist, 68, 189b.... J*D
ad mort.. 7s. 191 o
m&S
21
M., Ser. B. ine.,6.s.l917.. April
1931
Kalamazoo&S.H..l8t.88.'90.M&N
J.L.&Sag.North Ext.,88,'90.M&N
Con8.l8tM.,88,'91.M&S
do
inc.,acc.7a.l90'i e
68, l->33
1st refund., Ss,
"8016 Mo.K. &Teic.<;on8.78..1904-6-F&A
ConaolidHtod 6s. 1920
J&l)
Consolidated 58, 1920
J&D
110
1st, 6s. g., 1899. (U. P. 8. Br.)J&J
Han. & C. Mo., Ist 78. g..'90.MAN
114
Mo. Pao.— Consol. 68, 1920... M.tN
Pao. ofMo.,2d 78,1891
1261s
J&J
Istext. g. 4a. 1938
F&A
105
Car. B.. Ist 6i, g. 1893
AAO
KwkuiADeaM. -Ist.Sa.guat.A&O
Kinga. A Pimii.-lst. 08,1912 JAJ
I^aie E. A Weet.— ai,g.,58. 9b7J&J
99
3lia
113
§
34
prior lien. inc. ac.,69.139T el 10
do
M&N e
Equip. Tin*, 5s,lu08
e
6
2d mort. inc., 5a. 1910
N.Y.Susq.
J&.)
ru%
981a
F&A
68 (scaled to 38)
Income
1
M&S
M&S
52
West. ext. certifs, 8s, 1876. .J&J
do
do
7s, guar. Erie
N.Y. Phil. & Nor.— 1st, 1923 ..JAJ
A&O
6s, 1909
59, coup.,
1927
H.lstr.48.1903.JAl)
3d mort. Inc., f.B, 191 > ...
Leased L. rental trust, per dob. 4a
Southwest. Ext., Ist, 7a,1910. J&D
Pacific Kxt., Ist, 68. 1921.. A&O
Imp. &Eqnlp. 68, 1922
J&.l
112^ Miim'p. A Pac, lat, 5s 1936 JAJ
99
Minn. S.Ste. M. & Atl.-let,59,l'i26
118
Minn. & N. W^— 1st. 5s. 1934. .J&J
3SI4
1231s
112
,
K.C.Ft.flc<iti.f
101>»
i03
75
11114
127
1171a
2dmoit.,
1902
&
94%
137
113
N.Y.Out.AW. -lat,g.,68. 19UM&S 111
N. Y. A N. Eng.— Ist, 78, 1905. JAJ Si .'6%
J&l §1 17
lat M., 68, 1905
K.feA Jl075s
2d ra.,6s, 1902
i;.-l
4s, 1911.. J&J
Mlcb. Cent.— Con801.,78,
&
18.
A»k,
109% llli«
l9tg.os,i92'.'.A&0
S^orth
N.Y.Pa.&O.— Ist
Mexican Nat.— Ist, 69, 1927. ..TAD
2d JL.Ser. A.liic.,6a,l!)17...M&S
2d
&
2dgold
scrip
Ashland
i
&
N.Y.
N. Y. N. H.
M&.v
Incomes, 3s. 1911
Debenture lOs. 1835
8erlp 10s, 1889
do
CU.P.ASr.L..lst.?a.ir.,19f8.M.vn
Litcli'Jd C & « ., i8t.6s,19lti.J&J
—
Bond
Joliet
8.
nrt.
..
Mexican Cent.— Ist.
J&
111
Gold income
Long Dock mort., 7a, 1893.. J&D 111
do
con. g., 6s, 1935 ..A&O
J&J
1908.
3d 68. 1899
9II4
lien. 6r. 1908
"londs, 69, 1977
-tl. & K..Cons. M., 68. ' t5.A&0
benture, 68. 10-2i's. 1905. F&A
M itrop'n Elev.—Ist, 68,
Bid.
& West.- (C nfd)
F&D
Fund. 58, 1969
1st conj. fund coup.,78,1920 M&S
Y. Lake Erie
Reorganlzat'n Ist
Midd. Un. &Wat Gap— lKt.^8,19^1
2d ."is. quar. N. Y. 8. & W., l'9ii
Mil.L.8h.&We«t,— lat6s.l921.M*N
Conv. deb. 5s, 1907
F&A
C.—lat, 78,1917. A&O
JTaoksonv.H.E.— 1st. K8,l!il0...J*J
I'aFalla
N
let M. on Air Line. Ss^ 1890.JA.
'
Air Line, 1st M., Ssj gunr. .M&NISI04I4
.'s.
Ind'polls&St.L- l8t,76,1919.Var.
Ind'apoUeA Vtn.— 1st, 78,1908.P&A
2d mort.. 68, g., kurt., lOOO.M&N
Int.
D
Railroad Bonds.
Ask.
M&S
2d mort.. inc.. 5s. 1h34
'oatsv.SoutU— l8t68,g.l9l7.M,&S.
Ma t'.e Cent. -Mort. 7a, 1898... J&l
E rten. bonda, 6s, g., 1900... A&O
A.feO
C ina. 78, 1912
An1r.)900g.& Ken., 68, 18;*0-91..
Leids & Farm'gt'n, 6s. 1896.J&.)
(Consol. 58,
I94M
J&.)
Ind. Dbo.ASp.- lst.7a.l906.A&D
inc.
Bid.
Gold. 6s. 1924
109
IOOI2 101
Col. tr.. gold. 4s, 1952
Middle Div. reg. 58, 1921... F&A li3
109'
Bterling, 8. P., Ss, g., 1903. .A&O el07
2dm
BJ->JD.S— 'Jo-vtujcbd.
,T&J
let consol. 78, 1915
Ist. cons.. Tonn. lien, 78. 1915 J&.)
J&J
Bterllnif,gen.M.,68.g..l895.A&0
fVoL. XL'vra.
Lo'i8V.N.O.&Tex.-lst.4s,1934M&8
Po
)
Plr<t Paare of ((aotatlna*.
Man.Beaeb Imp..lim..7a,1909,M&1. K'y-lat. .^.^-..1934
Mau. 8. W.
viarie;ta Mlu.-lst, 68, 191.5. M.feN
Mar'ta&Sr.G* -let,fl8,g.,l»ll.J&l
J.»J
Consol. lac 6s, 1937
Marj'tte Ho.A O.— M;ar.AO.,8s. '9'
M&S
43,1908
1261a
J&l'
Sa. 1923 (extension)
AAO
Ss, 1925 (Mary. & West.).
118
7612 M9iiipb.& Chan.— lst,78, 19l.'i.j&j
2d mort., 78, extended, 1915. J&J
.
Ist, gold. 4a, 19.il
Gold, 3isR,
lead of
!«ote» at
Railroad Bonds.
A8b
Bid.
Or.Rap.
Ind.
MF
5
"
.
lat M., 5-6, 1909. rr. rec. .A&O
Income, 1921, Tr. rec ..
East. Div., 68.1921 Tr. rec. J&D
Ohio & Miss.- Cons.,9.fd.7a.'98 J&.I
J&J
1471s
Cons, mort., 7s, 1898
A&'.)
2d mort., 78, 1911
l8t
geu
,
5a,
J&D
1932
lat.Hpringf. Div., 76,
M&M
1936.'J&D
A&O
190.'>..
95
80
li7
117%
117%
iiyis 120%
9
1071s
.00
102
Ohio River RK.— 1st. 5s.
83
Geu. .{Old, 63, 1937
Ohio Southern— l8t 68, 1921. ..J&D 10.. 1%
48-, 50
2d income, 68, 1921.
Old Colony- 68, 1897
F&A §1 5^ 115%
68, 1895
J&D ftliM 111%
:
1.4%
78, 1894
M&.-- 5U4
4139, 1904
AAO §1 81a 109
103
05
105%
4isa, 1897
J.vdIJ
100
48, 1938
J&.ii" S"* lOi
lo.j
Bost.C.&Filchb ,l8t.7s,'89-90J&Ji§l /Oi, 101
lu2
115
elOi)
B. C. F. AN. B.,5s, 1910. .J&J JU*
113
S. Bedford KK., 78. 1894 .JA.I }lil
119
75%
Oiriaha.«St, L.— l8',4s. U).!7..jA.I
75
107
Orange B"lt— lat .M., 59, 1907. .JJ.J
102
JA.i elO'J
Oreg.&Cal.— l9t 5a, 1H27
OregonA rraiiscout.— 69,1922.VI&.N li 6 106%
Osw.&Kome— Ist M., 78. 1915.M AM 5 124
lt9
Patuima Sterl'g M.. 78. g. '97. A&O cl^'
eluO
102
Subaidy bonda, Eug. issue, 6s
l'enn.l{K.-Gou.M.6.s.cp.,l9loy— J 130
Cons. mort.. 6a, 1905
u—
12tf
C>)Uateral truat, 4ia8, 1913. .J&U
l.i9
Couaol. 58, 1919
J&D 112% iVs"
113
Penn. Co., 68, reg., 1907
q.~J l.i7
do
l8t i\f ,4188, 1921.J&.I 10-% 109
120
Penn.& N.Y.Caii.- lat. 78, '96. J&D li7
U5
Ist mort., 78, 1906
J&D 134 135
111
Pen9.& Atlantlo-lsi,6s, I921.F&A
i'l'^"
1181a Peo. Dec. & Ev.— Isl. 6h, 1920 .I&.I
101
2d iiiortg.tgu. 5s, 1926
M tN
76%
138
Evaiisvillo Div., lat 69, I92u..tlji.-1 106% 107
102i8lui2% Peo.& Pekin Ur. -l9t,68,192l.(J—
114
2ilinort 4's8, 1921
70
M&N
{Faiohaaer also pays accrued lateraat.
—
.
ela Lon loo.
nCoupoa
oa.
s In Fraak'ort.
.
J
March
I.
THE CHRONICLE
16, 18F9.|
GENERAL QUOTATIONS OF
For KKplanaUom Mae
Bid.
RAILROAD BONDS.
l«ot«« at
Sr(JUKS
H»«d of
RAiutOAO Bonds
Ask.
861
AND BONDS—Gontisucd.
g|r«t
Pan* or
4ln<>l«*lnii«.
Bid.
RAtLllOAD
R
.MD«.
I
Perkiomen— im
2dB«iii.>B
5ii.
1918 "Q-J 105
«er. 58,
103
Q.—
191R
105
Peteraburfc -CI»kh A, S8, 1926.JAJ
A&O 107
Phna.itK.-Gcii.Kimr.,CB,g.,'20.J&.I el2H
AAO 115
(}«nerrtl Tib. 19'.'0
A&O 101
GiMunil 4». 1020
C31iw.«
B,
A
rts,
19.'r>
ii— li-t. 7.1, 1897.. A.tO 118
Phlla. & R.-acfK— l8t, 68, 1910.J.J1.I
A&1> 114
2d,78.189:t
135
Consul. M., 7(1. 101 l,r«K.,fccii.JAI
Siinli.
ICi
(ln.lOll
Zmproveiiu'iit iin>rt.,8«. '97
<%)!i«iil. niort.,
<',iiia.
rii>.
iHt 8t-ilf»,l|l'i2
I>oforred income
l8t pri'f. lm'...Ss,
J&I
AAO idiv
MAN
lot's
17>i,
6.s
Rc.ltl,
8m
)0,"S8....F
6«%
F
F
2<1 ).rif. inc., .""'b. pold, 19.18
:i(l prcf. inc., 5e. KOld, 1958
3d i>ref., inc., convcrtiltle
Kcn. niort.. Js, 1958
5iii>e
J«J "91
New
r^ftUd I.. Kii8r.,78,'92,ex-op.MAt' 105««
Phila. Wll. A Bait.—€8, 1892.. AAO 6102
AAO $108
JAD iU4
Trust certs. -Ib, 1922
MAN 101 >»
Pine Creek 6s, 1»32
JAD
Plttali.C.ASt.I..— l8t,78,1900.FAA
Plttsb.Ol.A Till.— 1st, 6s, 1922. AAO
1900
1910
68,
5»,
Plttsb.ACon'llST.— l8tM.78,'98.J.tJ
Sterling cons. M. 68,K.,guar.,rAJ
145
142 >s
Plttslj.Kt.W. AC.-l8t,7s,1912Var
2d mort., 78, 1912
JAJ
AAO
3dmort.,78,1912
1922
JAJ 1'9
McK.A Y.— i8l.6e,1932.J.»J l^u
Pltts.Paln.&F.— Ut,g...^8,1916JAJ 100
PIttsh. A West.— Ist, 48. 1917. JAJ
Pitts. Y. A A»li.- l8t,5s,l9i!7.MAS
AslitalmLi A Pittc — Ist 68. 1908. 103 19
Portl'ndAOKb'K— l8t6e,g.,l900JAJ 5117
PortRoyalAAujt.- l6t,6s,'99.JAJi 106
Income mort.. 6», 1899
JAJ 37
Porta.Gt.F.&Con.-4is»,19:i7.JAD 102 !«
Pres. AAriz.C— l8tg.68,l»16.JAJ
Plttsl). JiiDc. let 68,
Plttsb.
2d Inc. 68, 1916
JAJ
Piov.A Woroes.- Ist B8,1897.A&0 4113
Een.AS'toga— I8t78,1921 cou.MAN 14912
—
Bloh'd A Allegh Ist.Drex.rcceipts
2d mort. 6s, 1916, trust receipts.
Ricbmoud
63
30>*
A
109
ISO
\\a
102
•
96%
9a
Equipment. 2d
5f, 1.-98
99\ 100
FAA
AGr. Isl'd— l»t,guar.68,1925.
2d mort.. Incomes,
Kan. C. AOm. 1st
BiUAlt.AT.U.- Ist
.'is,
5s,
lti8
1925
1927. .JAJ
481s
t8
113
M., 7s, '94.J<jJ
FAA
l'>7
MAN
110
Bellev.A8.Ili.,lst,S.F.88,'96.AAO
Beiicv.A Car., Ist 6s, 1923.. JAD
ChSt. l,..t|Pai.,lHt. g.. 5s, 1917..
St. L. Souib., IsD, 48, 1»31..MA8
Be L. Ark. A Tex. ist 08,1936.MAN
2d mort.. 6s, l•.^36
FAA
116
109
99
80
2d mort., pref., 7s, 1894
2d Income, 7s, 1894
Dlv. bonds, 1894
Bt.1,.
St L.
ACbio.
A
111
40
98>3
37'4
— lstcou.i;8,19'i7.JjiJ
Iron
35
4l
Mt.— l8l,7s,'92. FAA 106% 10;
2dmort.,78, g., 1897
MAN loOi^ 109".
I07is
Ark. Br. I. gr., M., 78, g., •95.JAI) 107
Cairo Ark. A T.,l8t,7s,g.,'97.JAD 104
CalroAFul.,l8t,l.g.,7B,>,'.,'91.JAJ 103
Gen. con. r'y A i. g., 5»,1931AJiO
831a e4
SJ.L.A e. Fr — zd el. A,6m, 1906.M AN lis
9'
«d M., 6s, class B, 1906
MAN 118^ if
2d M., ts, class C, 1906... MAN 118% 119
Kan.C. ASw.,l8t,68,g.,191t>..JAj 100 105
Pleire C.
A O.
Equipment
iBt,
78.
FAA 105
JAD lO.i
68
1895
General niori.. 68, 1931
General m!irt.,5s. I!i31
JAJ llhia
JAJ 104 -I 104 Is
AaO
Ist trust, g.. 58, 1987
Ft.b.A V.B.lid.,lHt,6s, 1910.AAO
Bt.L.KASo.W. -Ist 6h. 1916MA8
Kan. Mid., 1st, 48. 193?
JJiD]
TruBt bonds, 68, IHzO
Bt. b.
W.
&
1;9
MAS
t
115
2dmorl., 78, 1898
MAN 106
2d. 7s, guar., i898
MAN 110
Bt. P. A Duiutli— l8t, 58,laal.FAA
112
2ii uiort.. 58. 1917
AiO
Bt P.Minn. At Man.— Ist 7s,1909 JAJ 112
2d 6s, 1909
AAO 12ii
Dak. Ext.. 68. 1910
MAN 119
l8t oousol. 6s, 1933
JAJ
do
reduced to 4'»8 ..JAJ 100 >4
Collat. tr..g 5.1, 1898
FA.k.
Minn's U'n, 1st, 6e, 1922
J&J
,
Montana Ett, 1st, 48. 1937. JAK
Montana Cent.— ist. fcs, 1937J AJ lit
EsBfu.Miun, Ist
58, 190 -.AAO 101
.).'.,
San Aut. AA. Pass.. Isc'js.imO.JAJ
do
lst,<'S.I9'^6.JAJ
flandosky Mansf.AN.- l8t, 78,19i.9 illtf
Bav. Fl. A W.— l8t, 18, 1934. .AAO
At. AOulf. con. 78, la97 ... J.vJ iVe'
Bo. Ga. A Fla.— Ist, Ts, 1899.M AN ISO
2d, 7s, 1-99
.MjtN lit
8eat)oard AKoiu.— Os, 1916. FAA 106
Ptloe nominal.
J
Onion Paclflo—
Ist, 68, g.. 1896
Ist, 68, 1897
l8t, 68, 1898
Ist, 68, 1899
RAILROAD
NTOC'KH. Par
South.- Iwlm., A., 6B.pr«f,
Ala. Gt.
Llni., B,
Ala. N. O.
com
A Pao.,
Ac., pref
do
do
dnf..
Albany A Huaqneh.,Oimr..7...10t
Atchison Topeka A Santa P«..l(Vi
Atlanta
At'aiita
A (/'harlotte Air Line
A Wi I'oint..
tO(i
..
loo
.it
A Pai-IHn
10
A SavHnnah, leased... KH
Baltimore A Ohio
UK
Atlantic
Migiista
do
latpreL.S
do
2d, pref..!
Parkerabarg
Beech Creek
do
Pref
Rell'a
lo*
100
ltM^
M
5(1
.%<>«
Gap
Belleville
A
So.
III.,
pref
.
4.<>a
1
Hoaton A Albany
100
Boston Con. A .Mont., pref. ...loo
Boston A Ijowell
10*
Boston A .Maine
10<
Boston A N. Y. Alr-Une, pref.. 10
Boston A Providence
Kx
Boston Revere BeaehA I>yun..l0<i^ 15
Brooklyn Elevated., new
Brooklyn AMontauk
lO"
lOO
do
Pref
Buffalo RoeliPBter 4 Plttsb
lOO
do
1«K
pref.
Burlington C. RapldaA North.. 100
California Pacitto
California Southern
Camden A Atlantic. Pref
10<
.5o
Canada Southern
lot
Canadian Paclflo
CatawlBBa
do
iBt pref
do
2dpref
Cedar FallBA Miunosota
Central of Georgia
10<
011
."^o
(Hi
lOii
100
JAJ 113=8 114 Central Iowa, all a«8e8m't8pd..l00
10<
Central Maaaachusetis
JAJ II418 ...
^
JAJ US'* 115%
do
pref... 100
loo
JAJ 116%|
Central of New Jersey
5<>
Ijind Grant, 7s, 1889
AAO 103 'l03-« Central Ohio
.50
Sink. F,, 88, 1893
do
Pref
MAS 116>4 116%
lOO
O n. Bridge, stcrl. 88, g., '96,AAO tlvz 1-J8 Central Paclflo
100
Charlotte Col. A Ang
Collateral trust, 68, 1908
JAJ lObi*
Chesap'ke A Ohio. Vot. Tr. oert. o
Collateral trust, 5s, 1907
JAD 96
do
do Ist pre'. 00
Kan8. Pae., Ist, 68, 1895
FAA log Si
do
do 2dpret I'O
JAD ilO-s
do iBtM., 68, 1896
iiH'
Cheshire, pref
do Den. Ext., 68,lf-99.MAN 11.. >s
l"do Ist cons. M.,6b,1919 MAN 114 1141s ChlcagoA Alton
do
pref
100
Oregon ShortrL., 68. 1922 .. FAA U218II2I4
Chicago 4 Atlantic B^nBtl>•lary ..
99 100
U.P. Lin. A Coi., lM.g.,58'18AAO
^5
Chtcagi. Burlington A Nortn.. 10<
Utah Cen.— iBt M.. 6a, g.,1890. JAJ
109
112
Chicago Burlington Ayuiucy..!'"
1909....
JAJ
gen.,
7s,
Utah 80.,
100
Chicago A East. lUlnoio
do Ext,l8t,78,l»09JAJ IU414 105
pref
HX>
do
Gold
192G..JA)
Utah A Nor.—
5,
Chicago Milwaukee A St. fan.. lo<
Dtina * Bl'k K.— .Mort.. 78. •91.J.W 5.03"
p[-ef..
lt'5
do
1921.
T.ltti)
MAS
Valley of Ohio- Con. ts,
lo-i
Chicago A North Western
Ve.-. A Mass.— Guar. 5s, 190J MA > }l07ia 109
Pref., 7.. 1(8
do
VliJksb. A Mer.- 1st, 68, 1921. AAO lOJ
lixi
Chicago Rook Island a. Pao
42
.VJJiN
^A, 6s, 1921
10
Chic. St. Louis A Pitta
3d, income, Ta, 1921
pref. ...10
do
107
Vickab. Sh. A Pac. Prior lien, 68, el 05
Om..ooiu..loi
Minn.
il<l
Chic.
Bt.
P.
A
Va.Mldlaud-lst ser.,68,1906.MAS
prMf..liH»
do
MAS 114
2d series, 6s, 1911
ItHi
ChlcagoA Wesi MIchiKaii
M*.- 1 07
3d series, 68, 1916
1(X
CIn. Ilamllton A Davtou
8.
MAS
4tb series, 3-4-5a, 1921
"96
Cliie.l(>-i
I>ouib
a
Iniliauap.
St.
MAS
"s
971s Cin.
5th series, 5s, 1926
lOO
Cincinnati i>«. O. A Tex. Pae
tncomi's, eumui., 68, 1927... JAJ
.50
MAN "86 8 Is Cln. Sandusky A fnevrUud
General 58,1936
KXI
Cln. Washington lb Ball
guar
00
100
pref..
do
Wab.at.L.AP.- l8t,ex.,78,'90.F*A 113>s
loo
Cleveland Akron A Col
86
89
Mort., 7s, 1879-1909. rr.ree. AAO
Clev. Coi. Olu. A luUiauapolla..l(**
MAN 85
2d mort., 78, ext. 1893
Cleveland A Canton
25
MAN
Equipment 7b, 1883
Pref
do
do
43
JAD 38
Gen.. 6s, 1920, Tr. reo
i<
Clev. A Pittsburgh, guar., 7
94
(Thlc. Div., 58, 1910 Tr. reo JAJ
guar.,
»
^
Columbus A Xenia.
Detroit Dlv. .6s, 1921 Tr. rcc.JAJ llu% il7
.100
bS
Col. Hoek. Val. A Tol...
90
Cons.mort..78,1907,convert.w-F
...It*
Gr<v>iiville,pter.
Columbia A
F&A 11418
Ist. St.L. dlv.,Vs, 1889
>
1
999i
.
FAA
Gt. West., ni.,lat.7s,'88
2d, 7s, '93, Tr,reo,MAN
do
A
8'.L.Vanrt.AT.n.-lstM.,7s,'97.JAJ
58, roilli.. 1;,26
1
.
Toi., 1st, 7«, 1 "OO.Trrec.
vj'ncy
n^in.
Nap., 1 sr. "a, 1 909,Tr. reo.
U1.& 8.1a., Ist, 6h, 1912, Tr, reo..
A
FAAit
W., 6b, 1919
Wore. Math. A U.— 5a, 'BS-'H.-). Var &10«
Naab. A Roch.. guar.. 5a. '04. A .%n { 03
ZaDes.AOhloR.— lBt,08.191G FAA 90
1
SomeWat'nAO.—S.F.,78,1891.JAD 108>4
2d mort., 78, 1892
JAJ 107
Consol., exended ae, 1922.. AAO no's
Bntlanu— l9t M., 68, 1902
MAN 112 113
St.Jo.
|
12'iti
.
'
98 >4
P..7»,g.,'Bn.JA.l|
WinonuAS. *.— l»t,rti.g.,t •S'l.AAOl
Wlacon. CentCo.— lst,5a.10 IT.J.U i "S
'<6
lucomes. oon-eum,. .'.>, 19J7....
>
MAN lOlia 102
JAJ 116
AAO n 99
AAC» 91!^ 92
MAN 118 119
Blob. York K. A (^bes., Ist 8e, 891 110>a'll2
2d mort.,6s. 19C0
MAN 102>«
A West Pt.Xer., fia, 1897. FAA
Rome A Carrollt.— Ist, 6s, g., 1916
Rome A Dkc— Ist., 6b, 1926.. .JAD
'ibaui.V.A Pott.«.-7«.(Ou. 1901JAJ
Itienandoan Val. 191.78,1909. JAJ
BM. A4h>
lU ..~
WIl.AWeldon—8.
H5
88
General mort, 6s, 1921
AAO 30 34
130'
4breve. A IIouh.— 1st. Os, gu., 1914
Coitus HayA 80.— lsi..'ie,g.,192tJAJ
110
So. Ceu. (N.Y.l- Consol. mort., 58..
55
51
^•.. Carolina— Ist M.,6«,1920.. AAO
94
2d mort., 68, 1931
S6
JAJ
101 IV
Ineomees, 1931
.M«
iiPao.Cal.-l8t,6a,g., 1905-12 AAO 115%
18
8lBei ii. Pac.Ariz.- Ist,(:s.l909 lO.JAJ
106 i«
^o. Pac. N. M. — 18t. «H, 1911 .JAJ 108
Sfat.Isl.R.Tr.—lKtGs.g.. 1913. AAO lit
115
2d mort guar. 5s, g., 1926 .JAJ 100 101<s
91>s Steuben. A Ind.. Ist os, 1914. .JAJ 10718 10-1 Is
StiHJk. ACop — 1st, .58, 1905. ..JAJ
103
i inb.Haz.AW-B.— l8t,58,1928MAN 104
99I4
110
2d mort.. 6s. 1938
MAN
105
Smb. A Lewistown, Ts, 1890.. JA 117
101^ 8u,>ip. B. a Ene Jimo.— Ist 78, 1900 }l 12
8y Bing.AN. Y.—oon«ol.7s.'06A AO 13 1 v, 140
il9% Terrell A Ind.— 1st, Ta, 1893 AAO Ulis
C'lisol. mort., 58, 1925
JvJ Kiiis
117" Terre II. A r.,OK'pt.— I8t,gu.,68 JAJ
92
129
1st aud 2d, 68, 1913
J*J 90
r»x. Cent.-l8t,8k.fd.,7B,1909MAN
45%
145
l8tmort.,7s, 1911
MAN 45%
Texas A New Orleans— Ist.ts. FAA ....
Sabine Dlv., 1st, 6s. 1912. ...MAS 100
Fdx. AP. E!Wt.D.l8t68,1905.MA8 10 is
iBtgold, ts, iiOO
JAD 8714 87 -fs!
81!^
2dgold inc.. 58, iOOO
Mcb 31% 35
Foi.A.Ar.AN.M.- let.6s,1924.MAN 107 io;%
Pol. A. A.AGr.T.— l8t.68.1921.JAJ 105«s 1U613
117>4 Tol. A. A.AM.P.— l8t.68,1916.MAS
9d
I'ol. A. A.ACal.— lst,6s,1917. VIA108
ibs'is
Tol. * Ohio Cent.— l»t, 5s, gu.I935 lOils 103
rol.PeoriaAW.- lst,-18.1917....JAJ
103
75 If, 75 1«
95 »s Tol. 8t.L.AK.C.,l8t,«8,1916...JAD 102
40
United Co'bN.J.—Cons.,68,'94.AAO 112
114
do
gen. 4», 1923
FAAi 105
150
S-«rUng mort., 68, 1894
MA8«tiP7 109
64
MA8el2i 123
do
68,1901
31
Cana. & Amb.,mort„ 68, '89.MAN 103 14
Danville—
Con..«8, 1890
General mort., 6b, 1915
Debcniure, 68, 1927
Con. gi.Id, 6s, 1936
Bleb. A Petorsb., Us, 1915
Rich.
8.AE.—lat.gold,fli,Ml. FAA «
8 loto Val.— l8t,7s. B.f. Tr. reo JAJ 101
?d mort., 78, 8 f. Tr. reo
AAO 70
C maol. 78, 1910
JAJ H 70
Ihain.aiin ALew.-lKt,S*,'12MAN 101
teat.!,.
Uft
106%
12^
120
7s, 1891. .AA )
v¥. Jersey <t At. Ist M.,68l910Mju<
JAJ
West Jersey - ist, 68, 1896
107'»
I0II9
AAO
l8tmort..7s, 1899
.MAN
n.insol, 6s 19; 9
West Slioie— Guar. 4S, 2361. JAJ
12a
Concord
Connecticut A PaasuiupMc
Conneotlout River
West N.Y.<t Peim— ist.ia.iOJ.'JAJ
aaO 40
2d m., 3s g.- ". so. 1927
Warren A Fia k l»i,7s,'90 F SA 110
,
W'nNo.Carollii,i-l»t,7»,189.».MAN
JAJ
Conaol. 6b, 1914
.Vf., 6», '93. .AAO
J*J
Pitts. Br, ist .M.. 6«, '96
)
R>^gl,-teifd Sa. 19*3
.Id 18. 1928
Veat'nPenu.— l8t
li*
mO
I o
River
Dayton A Michigan, ^aar., J ••..au
ProI.,<u»r., 8.j'i
do
lou
Delaware A Bound Hrooa
Delaware Lack. A Weatern
.">>
127
III8
Oet.
UilMale * 3.>u;hw-<c
DeL
L.to8iUK
108
91
101
.10
.
'
77
« Nuriuoi u, ouiu to
Pr»i.lO<
do
do
40%
Oululh So. Sh. & Atl
114
Prof
do
.!<•'
EastTenn. Va. & Qa. By
H9>s
do
do
do
do
.
l-i pref.. UIO
p.-et...lo,i
•» *
2d
East Pennavlvanla
117
Kaateru (Maaa.i
G
121
Prof
do
lOois
Ut,.'^,...lM
Erie—
6
VbeellngAL.
115
Eastern in M. H
*llm. Col. A Aug.. 6», 1910. JAD ll'*
108
Lex. A Bu Sau<ty
Elliabeth
<•
106
105
58.
l»07-'.;7.JAU
—
Ist
.Vo.
A
lim.
109
Jd!j
por share. 1 to Praukro.u
Putchawu- also pays accrued Interest. » In London | Ooupon oil. « Price
JA
JA
lO"
(.'urrent
•
88
I0>i
I"'
Denv. ARloGr
preMOO
d>
do
WeHt*ii-i.
too
Denver A Rio Grande
io«e 106% D.nv. T. * Ft. W.. Voting cert. 100
u
Des iMolnea A Fort Do<lii>i»8t i09
Proi-.lo
do
do
10
H(<%
IIS
Port«iuoulu,guar.,7
112%
100% WestVa C.JiPltta,— l«t,6s, i9llJAr
97% >e8fn Ala.— '^'I. 48, gn»r.'90.A*O
WestMaryl'd— 3d eD.,6s. 190U.JAJ 115>i
102 >«
•»'
A
Cousol. of Vermont, pref
8t.L.K.C.AN. (r,oBt.AK.),78..MAH 110
do No, Mo., l8t, 1895. ..JA.I 114
116%
do St. Clia's Bridge 68, 1908 10-1
W*rren (N.J.)— 2d,78, 1900 .AAu 123
Westchester- Coil.
!»<
Concord.
85
92
92
9J
A Cm
Col. sprlngf.
l.ai4
84
'
100
..lOu
108 «•
tio
11
U AiuauirdM.
..
..
5
. .
.
THE CHRONICLE.
362
[Vol.
XLYin.
GENERAL QUOTATIONS OF STOCKS AMD BONDS— Oontinubd.
For Bxplknatloos See Notes
Railsoas Stocks.
Elmlradt
do
Will., 5.. .50
Pref., 7..50
Etmst. AT.H
5OI4
I
69
95 100
65
65 Is
28
30
96 13 97
I
50
FltobburR, Prel...lOO
Hint & Pere Mar. 100
Pref.. 100
do
OalT. Har. <& Ban An
12% 141s
Georgia Pacific
Ga. BB. •& B'kK C!o.lOO 197 199
5
. 81s
Rapids
Ind
6r.
&
6%
6
Gr.B.W.A8t.P...100
18
90
Pref... 100
do
Har.Por.Mt. J
.
& L 50
.
s
.
10
12%
Pref. 50
do
niinola Central... IOC
do lea8edl.,4p.0.100
100
Iowa Central
Pref. 100
do
110
95
10
28
110%
Jefl.M.&Ind.,l'd.lO0
70
75
Houe. ATex.Cent.lOO
HnntiDg.
& Br.Top.50
20
»
45
Kanawlia & OUo
1st pref.
do
2d pref
do
Kan.C.Ft.8.&Mem.lO0
98
29
3»«
91s
1>S
4
75
KMi.C.Ft.8.& G.pf.lOO 134
54
Kan.C.Mem.& Bir.li
so
Kan.C.Cl'n & Sp'd.lOO
Kan. City & Omaha...
Kentucky Cent
1 00
Keolnik & Des M 1 C
do
pref.. 100
28
Klngst'n&Pembr'keSO
iakeErie &W....100 17
55I4
do
Pref.lOO
77
135
56
35
45
10
25
30
. .
L. ah.
Lehigh VaUey
50
50
50
Little Miami
Little Sehu'k'l
171s
56
lOl's 102i«
& Mich. So. .100
51%
:
54i>6
179i« 181
70
»
94is 06
5(
15^4 15>f
Xi0U.Evan8.&St. L.lOO
26
24
do.
Pref.lOO
60 14
LonlBT. & Nashv..l0<i
60
46
48
LonlsT.N.A.&Chio.lOO
Mahoning Coal RB.5C 40
44
do
Pref. 50
Maine Central
100 120i« 121
Man. &Law'ce
100 214 216
9812 9314
Manila ttan, con. ..100
14
Marg. H. AOnt.. .100
12
do
Pref. .100
88>s S9is
Masgawippl
100 slOO
Memph.di Charl
55
55
25
Mexican Central ..100
13>i 14
Mexican Nat., Tr. rec.
6
71s
Mex. Nat. Constr. Co.
24
28
Michigan Cent
86
88
100
Midland of New Jersey
30
Mil. Lake S. AW. .100
79
SI
do
pref. 100 IO712 1081a
Long Island
Mine
721*
61a
Hill,5[S.H....50
Mlnneap.
do
&
L..100
Pref... 100
6
St.
Mlssiss. <feTenn
MlBso'l Kan.A Tex-ioo
Missouri Pacific. . 100
.
13
14
85
95
12%
131s
711,
7lis
MobUe & Ohio
100
Morgan's La.&Tex.l00
iforris AE'x, gu.,7.5o
HashT.Chat.& St. L.25
Kaahua & Lowell .. 1 00
N'squehonlng Vall'ySO
Sew Jersey* N.Y.ICO
H. News AMlss.Val.Co
H.Y.Cent.& H.Riv.lOO
H.Y.Ch.&8t.L.new 100
do
1st pref. 100
do
2rtpief.l00
H. Y. A Harlem
50
K. Y.Laok. cfeWest. 1 00
BT. Y.L.£rie& West. 100
do
Pref.lOO
K.T. AN.England.lOO
do
Pref.lOO
10
120
149
K. Y. & Northern,pref
H.Y. Ont. &West..lOO
W. Y. Penn. & Ohio ...
W.Y.Phil. ANorf.lOO
N. Y. Prov. & Boston.
H.Y.Snsq.A West'nlOO
do
Pref.lOO
W.Y. West Shore & B.
Horf.&West,, com. 100
do
pref. 100
Ho. Penn8ylTanla..50
worth ernCentral...50
Horth'n N. Hamp.lOO
Borth'n Pac.,com.lOO
do
Pref.lOO
_
norw. A Worcester. 100
Ogd. & L. Champ. IdO
Ohio Ind. &. West.. 100
Ohio & Miss
100
Pref.lOO
^^.
Ohio i""
Southern
loo
Old Colony
loo
Oma. &8t. L.pref.ioo
Oregon Shorx LineJoo
Oregon Traiis-Cont 100
PennaylTauia BR. .50
FanBacola A Atlantic
Peorta Deo. A Et..1O0
Petersburg
i oo
Phlla. AErie
50
Vhll. Germ. A Nor.. 50
J-hlla. A Read. cert. 50
19
11
150
921s .93 la
185
66
187
5714
6
12
14
103 4 108%
171a 18
70
72
40
431s
251
113
2818
68
2814
631s
451s
45%
lieii: 117's
R.Y.N H.AHartf.lCO 235
250
20
16% 16%
i«
10
220
223
81*
8
31
32
2
15
t
Ask.
Flrat
Page of Qoetatlone.
MISOELLAHEODS.
Bid.
Ask.
MI8OELLANEOII8.
83
751s 77%
1401s 141
26
2.'i%
60% G0%
176
9
10
1761a
10
10
23
221s
.
.
. .
.
.
.
13
15
1711*
171
54 ^
55
3268
32»(,
( 5414
541s
5
31s
24
59
251s
60
(
(130
132
25
170
70
125
55
82%
115
99
80
83
117
100
85
93% 93%
80
47
112
90
50
114
60% 61
41%
•25
•24
100 200
•02
•55
•70
190
18
r
I
TELEGRAPH.
,
1
•70
•90
2'00
•20
4-50
•20
•09
•30
11
•25
2^95
•04
•03
•04
8^12%
•65
•20
2-70
25
300
•15
4-75
1^50
1^70
•09
•10
93
1^00
•01
•03
1^25
1-20
2^00
2-50
•25
•45
12^00
•10
2^60
3^80
.
I
•30
4-25
1-30
230
TELEPHONE
05
•06
1^05
3-25
1^10
3 60
•15
1^12% 1^37
•10
•08
•15
•70
•30
•07
•25
3^50
06
04
140 145
1^00
8 do
2^40
5^o7%
•05
13 00
4^0t
i300r
"
2- 26
2-50
5600
09
•06
46
40
2^75
3 -DO
•04
105 110
80
70
1
'
I
1
K»8t Bosron Land.
Price nt mlnal; no )»te tranaaotlooa.
4
414'
60
!j
HOUSE
!
r
I
126
42% 50
. .
I
3
2014
43%
205% 207%
.
44 14 44%
ATienton..lOO.»
Brookliue (Ma88.)L'd5
5
5141
except third of month)
WIlm.A Balt.50 » 66
661* Brunswick Co
21% 2214!
GAS STOCKS.
Pitta. Cin. A St. L..50'
]c%! (16
Canton Co. (Bait.). 100 49
Bait. Consul. Gas, .Vew
44%
Pltts.Ft.W.A C.,guar.7 150 |151
Continent'l C n.Afmp.
37
Gaslight. ..500 1150
(Boston
Port.Saco APorts.lsd 6 125isl26
Cov. A Cin. Bridge, pf. 175 ,21t liEastBoston ...J....25
42
Porl Roth)
A^^e^^t*ttt
fir
Ask.
108
182
10^% 106
107% 108
150 152
140% 141
19S 200
140 150
107 109
156 158
113 113%
102 104
65
60
124 125
90
89
110
73
119 122
104
180
,
i
Phila.
Phlla.
'
Bid.
83
IFrenchman's Bay Ld
80
7% 8 Brookllne, Mass... 100
Port8.Gt.F.A Con. 100
1 80
Cambridge, Mass.. 100
Henderson Bridge Co 102
Rens. A Saratoga. 100 179
17
Keeley
Motor
4% 5% Chelsea, Mass
100
161s
Rioh.A AUeg., cert.
12211 Linseed Oil Trust
40
Dorchester, Mass. 100
35
Rich. F. A P.. com. 100 117
6
10
Jamaica
Manh'tt'n
B'ch
Co.lOO
108
Pl'n.MasslOO
P'b'g.lOO
Richmond A
214
2514 251s Maverick Land
10
2% Lawrence, Mass. 100
Rich. A West Point 100
80
Lowell
Maxwell Land Grant.
79
100
do Pref ...100
200 2-12 Lynn, Mass., G. L..100
Mt.Des. AE.S.Land.5
Richmond YorkR.AC. 90
22
idi'
22
Nat.
Lead
Trust
^Iald.
A
Melrose.
..100
99
14
RomeW. AOgd...lOO
6
90
51«
88
Newton A Wat'n ..100
N.E.Mtg.Secur.rBost.,
100
Ratland
250 50c. 8alein. Mass
N. Hampshire Land 25
100
Pref., 7. .100
do
371s 38
53
N.
Y. Loan A Impr*t.
50
Brooklyn, L.I
25
8t. Jos.AG'dlsl'd.lOO
49'
I4
49
North
River
Cons.
Citizens'.
44
Co
Brooklyn.
20
%
St.LoulsAlt.AT.H.100
90
Oregon Improvement.
52% 55 Fulton Municipal. 100
Pref.lOO
do
914
90
96
8ifl
pref
lOO
Metropol.,
do
B'klyn.lOO
St. L. Ark.A TexaslOO
4
99
Oregon Ry.AN.Co.lOO
98
Nassau, Brooklyn ..25
St. Louis A Chicago.
38
PaclfloMailSS. Co.lOO
37
37% People's, Brooklyn. 10
pref
do.
5
PhUadel. Co. Nat. Gas.
72% 74% Williamsb'g, B'klyn 50
St. L. Van. A r. H
'ii" Pipe Line Certificates.
23
88% 8914 Charlest'n,S.C.,Gas.25
St. Louis ABanFr.lOO
Chicago Gas Trust
do Pref.... 100 601s 61% Pullm'n Palaoe CarlOO 193 195
109
26% 27 Cincinnati G. A Coke
San Diego Land...
do Ist pref .100 107
35 1« 37
110
St.Louis B'dge.lstpref el 07
Hartford, Ct., O. L..25
St. PaulADuluth.lOO
90
55
Jersey C.A Hobok'n20
88
2d pref. certificates e53
Pref.lOO
do
110
99 101
St. Louis Tunnel RR. el08
People's, Jersey C
St. P.Mliin. A Man. 100
10
70
72% Louisville G. L
5
St. Louis Transfer Co
50
Soloto Valley
172
Standard Oil Trust... 167
Memphis Gas
Seab'd A RoanokelOO
5
Suear Refineries Co
3
84
84% Central of N. Y
100
Siuth Carolina
50
25
115
20
Union St'kYds.&Tr.Co
Consolidated, N.Y.lon
Southern Pac. Co.. 100
131
Wagner Palace Car Co, lis" 122
Equitable, N. Y...100
8'west.,Oa.,g'd.7.100 130
89
2678 27
West End Land (Bost.)
Mutual of N. Y....100
Jummit Branch, Pa. 50
Standard Gas, pref
COAL & HIINING
Sunbury A Lewi8t..50 55
STOCKS, N.V
N. Orleans G.L. ..100
rerre H. A Ind'nap.50
1918 191s American Coal Co.. 25
55
70
Portland. Me.. G. L.50
Texas A Pacific .. 100
Cahaba Coal
lOJ
St. Loul 8 Gas Trust. 100
Tex.Pao.Land Tr"! 100
Cameron IronACoal50 33% 33S3 Laclede, St. Louis. 100
Col. Ann Arbor A N.M
251s 27
29
35
jColoradoCoal A I.IOO
32
San Francisco Gas
rol. A Ohio Ceut'1.100
Col.&Hock.lOO.CAI
19
20
Wa.ih'ton CltvG. L.20
Pref.lOO
do
501s 55
15
17
27
Consol.Coalof Md.lOO
25
Tol. Peor. A Western.
MINING STOCKS^
14
12
10
iHomestake Miu'g.lOO
(N. Y. A SAN. FRAN.)
Tol.St.L.AK.01ty..l00
27
30
30
Adams
pref..
100
Lehifjb
Wilkesb.Coal
29
do
A
Cons
12
'Marshall Cons. Coal..
8
Amador
0. N.J.RB AC. Co.lOO ,227% 228
6418 [Maryland Coal. ...100
64
16% American Flag
100
15
Onion Paciflo
100
atah Central
New Central Coal .100
9% 11 American Coal
UticaABlackRiv.lOO 1261s
Alice
N.Y.A Perry C. A 1.100 26% 28
35
Alta Montana
Ontario Sil. Miu'g.lOO
Vt.A Ma8a.,l'6ed,6.100 134 13 135
100
I4 Pennsylvania
l8
Astoria
Vloksb. A Meridian
Coal-50
Is
do
pref.
7
Barcelona
% Quicksilver Mln'g.lOO
6
34 1« 35
38
36
Virginia Midland 100
Pref.lOO
Bassick
do
14
13
Wahashat.L.APac.lOO
12
18
BeUe Isle
.Sunday Cr'k. Coal. 100
100
25i« 26=1,
65
Pref.lOO
50
Beat A Belcher
do
do
pref. 100
Warr'n(N.J.),l'8'd,7.50 148
Tenn.CoalAIrouColOO 41% 4II4 Bodle
100
8414 Siii
102
Breece
W. End pref. (Bos.) 50
pref. 100 101
do
65is
West Jersey
50
Whltehr'st FuelCo.lOO 100
Brunswick
49
West Jersey A Atl.. .50
Wyoming Val.Coal.lOO 60
61
Bulwer
100
Western Maryland. 50
Ills 131s EXFUESS ST'CKS
Caledonia B. H
lOu
West. N.Y.A Penn. 100
12
121s Adams
100 150 152
Cal'm'tAHeolB(oopp'r)
Wheel.A L.E.pref. 100 63% 64% American
100 113% 115
Cashier
Wil. Columbia A A. 1 00 107
100
82% Castle Creek
United States
81
142
Wilm. A Weldon, 7.100 110
Wells. Fareo A Co.lOO 138
Cleveland Tia
Wisconsin Central 100
Colchis
151s 16
40
38
Amer. Dist., Bait
5
2
do
Pref. 100
Consoi.
Califomla.lOO
1%
Con. Imiierial
Wor.Nash.A Booh. 100 118 II8I4 American Tel. A Cable
85
84
CANAL, BONDS.
Cent. A So. Am. Cable 142
Chrysolite
50
81
Commercial Tel. Co.pf.
ChoUar
Ches.&Del.-lst, '>s,'16
100
Del. AH.— 78,'91.JAJ 1061s
100 '25
33
Franklin
Consoi. Pacific
100
100 94
1st ext., 1891.. MAN 111
Gold A Stook
Crown Point
100
100 208
Coup. 7s. 1894. AAO 117 118 .Mexican
Deidwood
l8t Pa.D.op.,78,MAS 145
147
Mutual Union 68
101%
Denver City Con...
Lehigh Nay.- 41sb, '14 Ill's
N'west.. 7h. 1904 .Ja^^
Dunkiu
BR. 68, reg.. '97,Q-F 116 II6I2 Paciflo A Atlantic.
50
Eastern Oregon
109
Conv 6s,g.rg.'94MA8
Postal T. Cable, new
35
40
ElCristo
II414 South'n A Atlantic. 25
82
68,g.,cp.&rg..'97JAD 114
Eirreka Consoi
100
100 8558 85'8 Father De Smet .. 100
Con8.M.,19117sJAD 131
Western Union
1-08
Gre'n.Tr.78,'92.FAA
Franklin (copper)..
7s, 1900. M. AN.... 119
Leh.C.AN.,4ias,1924 100i»
Collat. trust. 58...
101% 102
Frecland
Penn.— 6s, coup., 1910 76
80
Gould A Curry 8. .100
CANAL STOCKS
100 221% 225
American Bell
Hale A Noroross. 100
Chesapeake A Del.. 50
3214 Holyoke
32
Erie
Del. A Hudson. ...100 130
132
Mexican
7Cc. 75c. Horn Sliver
52i« iNew England
Lehigh Navigation. .50 »
45
45 >4 IronSllfer
20
Moms, guar., 4
10
100 s 75
iTropical
I80.
20c. IrunHIU
do pf.,guar.l0..100 111921s 200
ELECTRIC
Kings.APembt'ke Iron
I*IISC'l,L.ANEOtJS
LIGHT STOCKS.
10
Lacrosse
100
BONDS.
Brush, Bait
55
Leadville Consoi
10
Amer. BellTel. 7s,'98. 5113T8 1-14 iBiush Illuminat'g 100
Lee Basin
Am.Wat'rW.Co.,l8t,6s 107
100
Consolidated
50
Little Chief
Birming. Equip. Co.6s. 5103 14 1031a lEdison
190 192
Little Pitts
Cahaba Coal,lst,78,'07 112
Edison Illuminating
98
100
Mexican G. A Sllv.lOO
Chlc.G.L.AC.let,5s,'37
92%
Spraguo Elec. Moter..
65
Mono
75
Col.CoalA Iron- l8t,68 1021s 103
;Tho;up80n-H. Elec.Co.
Monitor M A M
Eq. G. A F. Chic. lst,68
98
100
Thompson-H. Internat
MouUun
Hackens'k Wat. 1st, Ss 100
pref.. 100
do
Mount Diablo
Heurt'n BridgeOs, 1931 109
40
60
100
U. S. Electric Co
Navalo
Iron Steamboat Co. 6s
90
60
75
u. S. Illuminating Co
North Star
Mexw'll L.G.priorl.,68
Westinghouse Elec. L.
97
98 [North Belle Isle
Income
TRUS'T CO>S
10
lOphlr
Or. Imp., 1st, 68. 1910 1031s 104
Am. Loan A Trust.lOO 121
{Oriental A Miller
Oreg.R.AN.lst.Gs.JAJ IIOI4 IIII4 Atlantic
100 335
Osceola (copper)
Con. 58 1925 J.AD.. 1041a 105
Brooklyn Trust ...100 340
Pewabic (copper)
Ocean 8S.Co.,lstguar. 102 103
100 650
Central
Plymouth Consoi
Peo's G. A. C.Chic.'2d,6s
99
Farmers' Loan A Tr.25 570
100
Potosi
Phila. Co. l8t, 8. f., 68. 101
100 203
FiMuklin
Quincy (copper)
Poughk'8ieB'ge,l8t,6s.
97
96
Holland
100
1
UappahanocR
8t. L. Bridge A Tun
Knickerbocker
100 lis' 150
Robinson Consoi.. 50
1st, 78, g, 1928. AAO el35
110
Long Island
100 162 165
Savage
Teuu.C.AL- T'nu D.68 97 >s 98%' .Manhattan
114
100
SierraNevada
Bir.Div.lst,6s, 1917
98
..100 212
931a; [Mercantile
50
225
Silver Cliff
Wjo. Val. Coal Ist Es. 103 "1
100 190
Silver Cord
.Metropolitan
General fis
101>s
.Vassau.
100 150
Silver King
mSC'LLANEOlIS
N. Y. Guar. A Ind..l00 115
Silver tjiieen
STOCKS.
N.Y.Llfe A Trust.lOO 595
Standard
100
Amer. Bank Note Co..
37
100 625
Union
Sutro Tunnel
Am. Con.A Ured. Co... 60
75
UnitedStates
100 640
do Trust cert
Amer. Cotton Oil trusts 55 Tg 56%! N.Y. * BU'KLYN
'iTioga
ABpinwall Land
10
8%;
HKS.
81s
100
iUnlou Consoi
Boston Land
10
7
714I ISee Local Securities in
Utah
Bostim Water Power..
7
714
CHKOSici.i! each w'k,
Yellow Jacket
,
161s
49>8
48''8
I
Head or
!
113
. .
Bid.
MlBCELLABEOHS.
Ask.
Bid.
at
1
%l9c>iith
Boston ....loO
Purchaser ajep pays accrued loffrest.
113
e
In London.
BOSTON MINING
25
Allouez
25
Atlantic
Bost. A MoQ.. (Copper)
Brunsw'k .Antimony.
Calumet
A Hoc [a... 25
1-30
42»
1%.
13%
40
5
238
<ju»tatlon& per share.
1
1
March
16.
THE CHRONICLE.
1889.J
363
GENERAL QUOTATIONS OP STOCKS AND BONDS—Comoludbd.
For Biplauatlon* H*e Wofn
Mahutao'ino BToosa.
Catalpa surer
Bid.
Bahk
Ask.
Oentrnl
Franklin
Btookb.
Oolumblan
Oommeroe
Oommonwealth
Bid.
Head of Vint PaK« or
Bahk Btocki.
Ask.
100 102\ 103
lOO' 130
131
01 ty
ISO. 200.
10
16
28
2A
12>i 12\
2"8
2^
25
2H 4
25
2% 3
25
13 >« 13^8
25
4
25
4's
B8>s 60
28
1%
25
25 Xt28 130
at
(laotailona.
Bid.
Kentucky Nat
100 lio
Ixiulsv. Banking Co.40 293
100| 130>4 131
lOOi 167"* 168
ImiTKAllOa BTOOKl.
131
260
Masonic
100 137 140
Merchants' Nat. ..100 144
146
(Continental
100 120 121
Minnesota
Northern of Ky
100 134 126
Eigle
National
100, 109
109H People's Bank
119 120
Eliot
100 I27I4 127i« Second Nat
Oscenln
ICW 116 117
Everett
lOC) 104'« IO(i
Pewublo
Security
100 180 183
S.T0hang6
100, 135
137
Third National
100 138 141
Suluoy
Faneull Hall
100 143 U5
ld«o
Western
lOO 132 133
Mrst National
Taniariiok
100, 238
213
Neur Orleans.
First Ward
100, 130
nAMCFACPlNG.
132
American Nat
105 109
Fourth National.. 100 II314 1131a Bank of Commerce. 10
Am. I.hien (Fall RIv.) 975 988
Amory (N. It.)
100 108 14 108>« Oanal <fc Banking.. 100 156>4 160 1«
100 115 U5>« Freeiuaus'
AmonkKiiK IN.H.) 1000 193^ 19i0 31obe
100 lO.T 10314 Citizens'
100 3l<a 33
aamllton
100 1127 130
Androseoj;']! (Me.). 100 137 H 133
Germama Nat
100 190
765
755
aide*
Leather.
Applctou (Mass.). 1000
..100 12813 129
HlbemlaNat
100 160 165
105
toward
Atluiitio (Maa8.)...100 104
100 110 111
Louisiana Nat.. .. 100 160
109
Barnaliy (Fall Klv.)... 108
Lincoln
100 121i4'l21»i Metropolitan
100 ISlig 135
98
95
Baniaia Mfg. (F. R.)..
Manufacturers'.. .100 104
105
Mutual Nat
100 133 137««
127
But<H (Mo.)
1271a' ilarket
100 95 19 98
100
Sew Orleans Nat. 100 600
Boott Cot.(5ra88.)1000 1395 1405 tfarket(Brlghton).100 140
143
People's
79
50 77
132
Bordirt^ityMfg. (F.R.) 130
Massachusetts
250 110 11014 State Nat
100 120 125
Boston Co.(Mass.)1000 1070 1030 Maverick
100 233 240
Union Nat
100 1331* 13S
Boston Belting
leohanics' (80. B.)100 134
100 170i« 171
137
Whitney National. 100 220
1200 Merchandise
Host. Uuc'k (Mass.lTOV 1150
100 85
85 14
New
Yorli.
Chace (Fall Klv.) .100 112 11-1
Merchants'
100 146 143
America
100
CliicoiH'e(.Ma88.) ..100 1051a lOa
>l6tropolitan
100 1091s 110
American Exoh'gelOO 147
410
CocUci'O (N.H.)....500 425
ilonument
100 227 232
Asbnry Park Nat. 100
lOS
7^
vlt. Vernon
Collins Co. (Conn.). .10
Hlij: Bowery...
100
100
34
33
Continental vMe.). 100
^ew England
100 165
165 1»; Broadway
25 260
52
Cres't Mills (F.R.) 100
Sorth
100 Ulia 142
Butchers'* Drovers25
50
Crystal Spr. B1.(F.B.).
Vorth America.. ..100 114
117
Central National. .100
,,
Dttvol Mills (F. R.) 100 108
OldBoston
100 127 128
Chase National ...100 250
«»^ 70
Dougl'sAxe (Mass) 100
People's
100 162 164
Chatham
25
DwiKlit (Mass.).
500 7«i 770
aedemptlon t
100 135 138
Chemical
^. ..100
asia Republlo
U8
Everett (Mass.)... New
100 160 161
500
City
100
F.R. .MaeUiueCo.-lOO 55
Revere
100 1371a 138
Citizens
25 180
119
Flint Mills (F. R.) 100 117
Rockland
100 152 154
12719
Columbia
95 "« U(J
Franklin (.Me.)
100
Second Nat
100 176 177
Commerce
100 190
OrbcY.Mill8(F.R.)100 118
100 190
tecurlty
Commercial
250
Granlte(F.K.)....1000!
Jhawnint
100 129% iso" Continental
100 128 130
Great Falls (N. H.)100 lOoH 101
ihoe
Leather.. ..100 107it 108
Com Exchange ... 100 225
Hamilton (Mass.) 1000 993 1000 State
100 12.") H 126
East River
25
141
Hartf. Carpet (Ct.)lOO 130
Suflolk
100 123 1231a Eleventh Ward
25
t5
HUKMe)
100
Third Nat
100 1041a 103
First National
100
Holyoke W.Power. lOO 250
88
8814 Fourth National. 100
100
Tralers'
Jackson (N. H.)..1000 1000 1010 ri«3iont
100 1141a 115
FifthNational
100
King Philip (F. R.) 100 lOH 1(8
Omon
100 145 116
Fifth Avenue
100 1000
Laconia(Me)
400 517 550
Washington
100 1271a l'J8
Fourteenth Street. 100 157
Lancaster •M.(N.H)400 eto 605
Webster
100 llO"! HI
Gallatin National ..50 260
120
L'rel Lake Mills (F. R.)
Brooklyn.
Garfield
100 30O
Lawrence (Mass.llOOO 1575 1580 Brooklyn
120
100 150
German American. .75
621
Lowell (Mass)
tiOO; 620
First National
50 340
German Exchange. 100
103
Lowell Bleachery.200 131
40 167
Pulton
Germania
100
Lowell Macli.81iop.500 820 825
City National
50 340
Greenwich
25 115
Lyman M. (Mass.). 100 do's' 70 (Commercial
60 l.-iO
Hanover
100 220
Manchester (N.H.) 100 140% 150
150
100 118
[»ng Island
Hudson River
100
100011240 1245 Manufacturers'.
Mass. Cotton
150
Importers' & Tr.. .100 512 530
105
Mechanics' (F. R.) 100 103
Mechanics'
50 233
Irving
50 160
130
Merchants' (F. R.)100 123
100 235
Leather Manufts 100 223
Nassau
Merrlinack(Ma8s)1000 1300 I30i
300
Lincoln
100
Chicaso.
75
Metacomet (F.R.) .100
130
Madison Square. ..100
American £xch. Nat..
Middlesex (Mass.). 100 185 188
117 118
Manhattan
50 170 175
Atlas National...
105
Narra,eaus'tt(F.R,)100 102
Market & Fulton.. 100 183
100 2C0
Chicago Nat
Nashua (N. H.)....500 647 650
Mechanics'
25 180
Com lu orcial Nat ... 100
Naumkeag (Mass.UOD ^OliH lO'i Continental Nat. ..100 118 121
Mechanics' & Tr.. .25 175
91
b9
N. £. Ulas8(Mas8.)375
Mercantile
100
190
National
100
2671a
First
350
Newmarket
100
500| 310
Merchants'
80
Fort Dearborn Nat....
113
Paciao (Mass.)... 1000 1620 1030 Hide and Leather. 100 i'es"
Merchants' Exoh'e 50
Peppsreil(Me.)
500! I'-^oo 1250 Merchants' Nat.. .100
100 13% 15
Metropolitan
120
I87i«
Pooasset (F. R.)...100!
100
.Metropolis
Metropolitan Nat. 10(
86
Rich. Bord'n(F.R.) 100
Mouut Morris
100
Nat. Bk. of Anier..lOO 139
95
Robeson (F. Riv.) 1000
Muiray Hill
50
Nat. B'kof IlUnois.lOC 215
122
BaKau)ore(F.Riv.) 100 120
Nassau
50 159
Northwestern Nat. 1(K 800
Salmon Fall8(N.lI.)300 210 245
170
100 225 250
New York
Union National.. ..IOC
20
21
Sandw.Ulass(Mass.)80
N. Y. Nat. Exch'gelOO
Un.Stock Y'da Nat.lOf
109
Shove (Fall Riv.). 100
New York County 100 330 506'
Cincinnati.
65
Blade (Fall Riv.).. 100
85
75
Ninth National. ...100
Atlas National
119
BtalTord (Fa 11 Riv.) 100
I9211, 200
North America .... 70
Citizens' National
Stark Mill8(N.H.)1000 1175 1180 (^Jommercial Bank
115
30
North River
118
Teoumseh (F. R.).100
133
25 205
Oriental
Equitable National...
Thorndike(Mas8.)1000 12:;5 liiSO Firth National
90
80
50 165
Paolflo
Tremont&S.(.M.i8S)100 130>a 131
Park
100 228
2651a 270
First National
1000 Fourth National
TroyC. (SW.( F.R. 1500
195
25 200
People's
^45
lJ5ia
Onion C.Mf. (F.R.) 100
i'a'b" 160
Phenix
20
German National
110i«
136
Wampanoag(F.R.) 100
90
60
Produce
ExchangelCO
National
Market
£0
Wa«liingt'n(.Ma88.)100
IOC 189
Republlo
Merchants' National.. 14',2ia 141
Weed eew. M'e (Ct.)2o
Seaboard.
100 130
National Lafavette... 290 300
65
Weeumoe (F. R.)100
141 145
Second National.. lOO 320
Ohio Valley Nat'l
45
46
WiUim'tlc Linen(Ct)25
210
2C0
Seventh
National.
100
Second National
155
York Co. (.Me.)
U9ia 180>a Shoe & Leather.. ..100
750 1075 10H5 Third National
BANK STOCKS.
220
100
Sixth National
Western German Bank
130
Baltimore*
100
St. Nicholas
Hartford.
Bank of Baltimore 100 140 142
I124
100
Stateof N. Y
100 1C3
/Etna Nat
Bank of Commerce. 15
Third National ...100 114
50 63
15
16
American Nat
102'
Citizens'
40
10
Tradesmen's
2014 Charter Oak Nat.. 100 104
Com. A Farmers'. 100
United States Nat. 100 210
100 92 100
I3214 City
Farmers' B'k of Md.30
96
95
48
Western National .100
Connecticut River 50
32
Farmers'* Merch..40 57Vs
109
100
West Side
Far. & Mech. Nat. 100 Iu5
Farmer8'ifePlanters'25
Philadclpliia.^
100 101
i;First Nat
44^
First Nat.ot Bait. .100
jBankof No .Viner.lOO 330 360
100 150
no's Hartford Nat
Franklin
80 100
Central National .. 100 340
60
[Mercantile Nat. ...100
90
91
German American
62
61
60 130
CUy National
110
National Exchange. 50
Howard
40
Commonwealth NatSO
i
100, 120
Thceuix Nat
7'i
Marine
75
92
80
Corn Exchange
30 37
100
istate
Mechanics'
Farmers' AMeoh.N. 100 167
lo
100 2.50
12% lai^ United States
Merchants'
Fourth Ht. Nat'l.... 100 116
100 134
Conn. Trust <'o ...100 110
National Exch'ge. 100 I2't
lOt 123
Independence
fJ8
Hartford Trust Co. 100 123
People's
108
140
National ....40
Olrard
lOoi
2^
Co
19^ 19^ Security
Second National ..100 100
87
87%
80
Keystone Nat'l
IfOUlsTille.
Third National.... 100
03
123
126
Manufact'r'rs'Nat.lOO
Commerce
110
U'nk of
union
135
170
Mccha lies' Nat ...100
75 '"8i>s
liankof KentuckylOt): 16S
We8tei;i
SO
Penn National
I.!20
Hank of LouisvliielOO 99 loo
321s
2i«
Phlladclphift Nat.. 100 284
Boston.
121
Citizens' National. 100 120
Atlantic
50 i:6i«
Soullnviirk
N'at'l
118
120
100 137i« 138
100
City Nat
^,t'»»
111
112
Portland, ^e.
100 1^5
l-.i3ia l''alls City TobaccolOO
Blackstone
46
110
Cnmberland Nat.. .40 48
loO 113% 114
Farmers' of Ky ...lOOi 109
Boston Nat
100 141 146
107
Canal Nat
100 123is!l25
I'^arniers' A Drov. lOOi 103
Boylstou
I«U
138
100
175
176
CasooNat
100.
100 138
140
First Nat
Broadway
100 103 110
135
First Nat
100 110
(ienn.an Ins. Co.'s.lOO 1^1
Banker HIU
75 117 118
180
Merchants' Nat
100' 1
loo 200 200 1« <ierniau
Central..
100 134% 136
German National. 100 H9 110 National Traders'. 1«<>I 129 130
Huron
. . .
. . .
,
!
<
!
liOala.
Blc of Com meroe. 100
Commercial
100
Conllneutal
100
Franklin
100
Fonrtb National ..100
International
100
Meohanloa'
100
Merchants' Nat ... 100
St. I./iuis Natlonal.lOO
Third National.... 100
.
San Franeiaeo.
Anglo-Callfomlan.....
Bank
of California....
First Nat Gold.... 100
Paolflo
;
i
i
um
,
I
!
.
STOCKS.
Boston.
& M. .100
American F.
Boston
100
Boylston
100
Dwelling Hoaae...l00
.
.
. .
.
.
I
!
.
.
'
flue nominal; no
late traoaaotlons.
§
Oaotations per sba-e.
170
22s
140
IM
00
92M
140
107
130
107
108
66
2221a
152'*
100
170
89% SO
148
180
80
02
100 llOitt
Firemen's
100 180
Manutactorers'. ..100
43
Maaa. Mutual
100 118
Mercantile F. dc M.lOO lis
Neptune F.di M...100 75
North American ..100 106
Presoott
100 100
Waahlngton
100
77
801*
n
116%
191
42 >•
117
116
77
110
78
Hartford, Conn.
100
100
100
100
100
100
80
282
114
303
135
93
199
1000
50
25
25
20
70
110
ISO
115
135
110
115
90
200
190
80
100
100
118
76
jEtna Fire...
Connecticut
Hartford
National
Orient
Phcenlx
Steam Boiler
New
260
130
31Z
141
86
200
1021s
ITorlt.
AUIanoe
American
Bowery
Broadway
Citizens'
City
Commonwealth. ..100
100
40
100
30
50
Continental
Eagle
Empire City
Exchange
Farragut
File Association ..100
17
Firemen's
130
160
120
148
115
120
100
215
200
90
110
105
125
80
315
160
120
2C0
85
95
140
German-American 100 300
Germania
50 153
50 115
28 180
100 50
90
15
50 130
Hanover
Home
100 143
Jefferson
30 100
Kings Co. (B'klyn) .20 160
75
30
Knickerbocker
80
Lafayette (B'klyn) .50
80
66
Liberty
Long fsl'd (B'klyn). 50 80
Manut. ic Bullders'lOO 100
50 130
Nassau (B'klyn)
Globe
Greenwich
Guardian
Hamilton
37i*
National
N. y. Equitable
147
110
170
80
85
76
90
105
135
100
170
80
160
90
165
60
160
85
118
130
95
165
75
50 150
Niagara
85
25
North River
23 160
Pacitlo
SO
100
Park
20 150
Peter Cooper
50 80
People's
Phenix (B'klyn) ....50 110
25 120
Rutgers'
Standard
50 100
93
28
Stuyvesant
28 187
United States
10 140
Westchester
New York
35
Fire.. ..100
105
100
170
ISO
WllUamsbnrg City. .50 260
395
iTtARINK IN8I7-
BAIMCK SCRIP.
Atlantic Mutual
1885
1886
1887
1888
Commerl. Mat.l87S-82
.
PRIOBS OF
.
101
101
101
103
102
103
10«
6&
75
101>*
BXOHANOB
nBHBBRSUIPK.
I
I
465
31)0
Eliot
iSc
.
400
FIRB INSVB'CB
I
.
Bid.
m.
N.Y.Stook
Last sale, Marco....
N.Y.CouaoI.StookJc Pet.
Last sale. Mar.h 7..
,000 aak
N.Y. Metal
000
700 bid.
700
250 ask.
200
9U0 bid.
000
635 bid.
640
28 bid.
Last sale
R'lEat Ezob.dtAua R'm
Last sale, Feb
Boston Stock
Last sale, March 9
Philadelphia Stock
Last sale, Feb. It..
Chicago BOiurd of Trade
175 bid.
,175
,UO0 bid.
,000
,«>00a«k.
,9V0
,3u0 aak.
N.Y. Produce
Last sale, March 7.
N.Y.Cotton
Last sale. Feb. 14
.
N.Y. ColTee
Last
sale,
March
1
^
—
..
.
. .-.
..
1
THE (^HRONICLR
364
[Vol. XLVIIT.
Latest Earnings Reportea.
Jan. 1
lo
Latest Date.
ROADS.
Inwestmjeitt
Week or Ho
AND
1888-9
1887-3.
1888-9.
1887-8.
*
January .. 993,852 957,803
957,803
993,852
CedarF.&Min. January ..
6,265
4,929
6,265
4,929
Dub. ASio'xC. Jauuary ..
128,865 113,642
128,865
113,642
Iowa lines
,I:mu;iry ..
135,130 118,571
135,130
118,571
Total all .... Tauuary
1,135,247 1,081,304 1,135,'247 1,081,304
Ind.Dec.&West. February..
36,251
23,804
69.475
53,803
Iowa Central... IstwkMch
28.8()2
27,295
233,5'21
278,144
KanawnaAjOhlo Istwk Jlch
4,443
3,949
45,550
44,028
K.C.Ft.8.<&Mem. 3d wk Feb.
95,560
79,603
669,075
586,938
Kan. C. CI. & So :idwk Feb.
5,0.53
4,195
34,030
32,245
K. O.Wy.&N. W. January ..
26,430
26,430
Kentuekj' Cent February..
64,433
71,301
133,281
114,010
Keokuk <fe West February..
26,059
24,892
51,518
54,075
Kiuifst'u A Pom. 4th V.U Feb
4,713
3,758
22,340
21,941
Kuoxy. & Ohio l)eceu»b<-r
40,599
39,890
500,286
465,653
Lake E. & West IstwkMch
46,849
31,207
436,796
321,030
Lehigh <& Hud.. February..
18,498
17,631
37,758
33,582
L. Rock & Mem 4th wk Feb
10S,198
11,682
16,430
137,437
Long Island
February..
165,432 174,869
333,180
349,276
La. & Mo. Rly.
December
33,508
39,001
451,901
589,640
i>)ul8.Ey.*8t.L Ith wk Jan
18,584
19,461
70,790
75,661
Loulsv.&Nashy. l.stwkMcb 343,2.55 286,130 3,083,452 2,873,342
*
ni.Cen.(IIl.&.So.)
gaiXr^ad %nUllxQzxitz.
.
The Investors' Supplement, a pamphlet of 150 pages,
contains extended tables of the Funded Debt of States and
Cities and of the Stocks and Bonds of Railroads and other
Companies. It is publinhed nv the last Saturday of every
oilier month viz., January, jdaroh, May, July, September and November, and is furnished without extra charge
Extra copies
to all regular subscribers of the 0^EONICLE.
arc sold to subscribers of the Curonicub at 50 cents each,
and to others at $1 per copy.
The General Quotations of Stocks and Bonds, occupying
sin pages of the Chrokicle, are now published on the
third Saturday of each month.
—
RAILROAD EARNINGS.
Lalest
Roads.
Earnings
Rei>orled.
WukorMu] 1888-9
«
169,069
Allegheny Val.. Jnimary ..
9,600
binary
..
A8hv.& Spartan. Fe
Atch.T.&y.l'C? Documbor. 2,354,319
WTiole Pys'iu i
129,103
Atlanta & CUnr. Deeembor.
41,223
Atlanta* W.Pt. February..
46,855
Atlantic & Pac. l9t wk Mch
..
1,209,805
B.&O.EastLluea January
Western Linos January .. 356,402
January .. 1,566,207
Total
115,701
Bait. & rotoinae January ..
74,517
January ..
Beecli Crook
37,084
Biifr.Roch.&l"itt IstwkMch
51,440
Bur.C.Rap.&No. 4th wk Feb
Cairo V. itClilc.
IstwkMch
Califor'a South..
'Camden & Atl.
December.
January ..
Canadian Pacilic IstwkMch
Cp.F'r&Yad.Val February..
Koveinber.
Carolina Oeutr..
Con.KK.A- Bf,'.Co
Centralof N. J..
Central Pacitic..
Central of S. C,
Cent. Vermont..
Charlest'u & Sav
January ..
December.
Decoml>er.
Docoiuber.
January ..
December.
C'jar.Col. iSiAu?. February ..
Cheraw. &Darl. Deeembor.
February..
Ches. & Ohio.
Ches. O. & 8. W. February..
.
.
December.
December.
Cheshii'e
Ches.
&
Lenoir
.
Ohio. & Atlantic. IstwkMch
Chic. Burl. Sclso January
Chic. Burl. & Q. December
Chic. &K. 111. ( ). 1st wk Mch
Ohio. Mil. &!<t.P. IstwkMch
Chic. &N'thw'n. January ..
Chic. & Oh. Riv. February..
Chic. Po. & St. L. January ..
Chlc.St.P.&K.C. 4th wk Fob
.
Chic.Bt.P.M.&O. January
.
Chic. & W.Mich. Istwk i^lch
Cin. Ga. & Ports. February
Can.Ina.6t.L.& C Istwk Jlch
Cin. Jack. & Mac Istwk Mch
an. N. O. & T. P. 4th wk Feb
Ala. (it. South. 4tliwkFeb
N. Orl. & N. E. 1th wk Feb
Vlcksb. & Mer. 4th wk Fob
Vioks. Sh. cV P. 4tliwkFeb
Erian^^er 8vst. 4tli wk Feb
Cin.Rlch.&Ft.W IstwkMch
Cin. Sel. & Mob. Feljruary.
Cin. Wab.A Mich. February.
wk Mch
Clev.AkronACol 4th wk Feb
Oin.Wasli.Ai Bait 1st
Clov. & Canton.. Jaiiuiiry
CleT.Col.C.Ai Indj Kebruary
Clov. & Marietta 2d wk Feb.
Color. Midland.. 4th wk Fob
Ool. & Green V .. February
Col. & Cin. Jlid.. Istwk Mch
Col. Hock.V.& r. IstwkMch
Day.Ft. W.& Chi. February..
Douv. & Rio Gr. lat wk Mch
Deny. & R.G.W. IstwkMch
Deny.S.P'k&Pac J ,nu!irv ..
Dot.Bay C.& Alp!lstwkMch
Det.Luns'K* No Istwk Mch
Unluthi<.S.\All4ih
wl< .Tan
KTcnn.Va.&Ga.'4th wk Feb
Evan».(klud'pli8 Istwk Mch
Evansv. & T. il. IstwkMch
Fltohburif
Jauua v
Flint.cfcP.Marq. Istwk.Mch
Plor. Ry Kav. Co Istwk Mch
Ft. W.& Dcn.City I'cljruary
I>cn.T.&(4iiU. February.,
Den.T. &Ft.W|Fobruiiry.
tWhole Byst'ni Fol>ruary.
Oeor(?ia Pacilic. iFebnuiry.
Or. Rap. &lnd..:]stwkMcli
Other lines
1 .it wk Mch
Grand Trunk. ..(Wk Mch 2.
Chic. & Gr. Tr. Wk Mch 2.
Eet Gr.n.ifc M. Wit Meh 2.
OiUl CoL& e. Fc. 'December
.
. .
1
I
Housaton^u
January
HouB.&Tex.Cen.' obruary
Huinest'n*Shcn February.
gunt.ife Bd. Top February ..
.
1'
.
'
1887-8.
9
1.55,155
9,900
120,628
43,029
36,632
1
,093,274
371,495
1 ,464,769
122,498
77,933
37,615
56,230
13,756
162,471
32,934
211,000
27,984
56,975
679,658
992,478
13,431
83,915
36,041
229,000
31,694
63,416
690,695
977,212
1,222,983 1 ,217,386
8,975
8,937
316,368 290,611
56,994
49,557
87,700
93,000
7,675
8,761
316,040 339,173
154,192 155,762
45,052
49,155
7,266
6,808
38,947
37,527
158,628 108,835
2,167,674 1,163,388
55,973
51,853
430,000 400,863
1,613,245 ,571,289
6,586
3,335
25,124
21,709
48,999
39,889
366,634 324,888
26,168
22,071
3,820
3,911
46,845
49,042
10,367
8,482
65,763
03,214
44,875
39,313
24,510
21,406
13,517
12,634
17,69.17,224
165,889 184,262
8,072
7,899
10.507
10,38(1
35,300
34,306
41,528
38,172
13,079
12,853
28,151
26,533
539,459 522,520
3,879
5,559
.33,682
21,152
71,800
69,760
5,537
5,!)58
52,661
51,210
41,023
33,268
127,0(Ht
100,574
18,075
17,075
57,015
74,625
9,987
8,192
18,553
14,143
31,178
24,369
127,424
119,397
5,235
4,501
15,.588
14,315
425,169 377,935
50,877
41,894
25,719
24,360
70,000
69,752
50,000
21,686
56,600
176,600
110,416 103,886
42,S02
35,856
4.863
3,646
333,475 302,0((7
63,293
55,105
16,240
16,213
374,134 356,270
86,329
67,021
210,776 162,913
9,500
12,787
35,602*
38,147
Jan. 1
to Latest
1888-9.
Datf
1887-8.
S
9!
169,069
18,917
155,1.55
1,325,,121
89,,489
523,,970
1,209,,805
356,,402
1,566,,207
115,,701
74,,517
343,,632
421,,756
117,,503
1,452,,536
36,,041
1,948,,938
66,,508
490,,868
690,,695
13,177,,473
15,838,,833
103,,314
316,,368
554,,191
171, 266
82,,148
664,,099
324,,518
593,,478
79,,181
356,,356
158,,62K
23,789,,168
475,,955
3,762,,410
1,613,,245
14.458
,319,377
84,573
25 ,124
381 ,103
21,709
231,698
324,888
203.978
7,987
366i,634
219, 512
,706
95,062
582,635
306,219
188,940
105,327
104,319
1,287,440
74,226
23,496
71,775
376,089
99,002
28,151
1,109,379
20,372
233,365
140,767
57,569
449,618
78,145
1,191,600
229,900
.57,015
18,099
448,054
,093,274
371,495
,464,769
122,498
77,933
351,791
429,257
125.122
,498,225
32,934
,850,199
55,904
468,202
679,658
,424,675
,723,320
91,716
290,611
495,763
177,267
83,348
722.414
316,522
653,631
70,144
343,520
108,835
,576,078
465,537
,429.971
,571,289
6,609
74,468
555,907
265,456
144,441
88,071
94,861
1,148,736
72,212
20,088
65,000
379,980
88,141
26,533
1,097,514
36,162
170,125
127,624
55,505
447,278
)!8,085
1,201,712
191,884
74,625
70,723
144,235
77,050
90,402
164,894
97,386
977,188
919,889
46,072
38,031
151,422
143,677
425,169
377,935
426,162
426,875
233,412
210,572
153,336
134,852
103,464
44,557
118.819
367,137
237,146
220,457
366,857
349,983
33,473
31,549
2,865,337 2,597,376
534,888
521,462
149,986'
160,905
3,249,497 2,939,229
86,329
67,021
454,537
339,715
20,000
25,961
78,737
71,533
Lou.N.A. & Chic.
Louisy.N.O.&T.
Louisville So
Mar.Col.ife Nor'n
-Memphis &Chas.
J^Mexiean (^eni
San Luis Div
JMex. N. (aUlnsI
MexlcariRailwv
Mil.L.8h.&West
IstwkMch
IstwkMch
January
February..
1th wk Feb
IstwkMch
IstwkMch
February
Wk Mch
!
9
IstwkMch
Milwaukee&No. Istwk .Mch
Mi nneap.& St. L. February.
.Mo.
Kan A Tex February.
JMissouri Pacilic February.
Mobile & Ohio
N.ish. Ch.&8t.L.
Natchez Jac.&C
New Brunswick.
N.Y.Ceu. &H.R
N.Y. L.E. & W.
February.
February..
4th ^v* Feb
Jjiunary
February..
Jauuary
N.Y. Penn.&O.. Jauuary
N.Y.&NewEng. .lanuary
N.Y.* Northern February..
N.y.Ont.&W... IstwkMch
&W.. Jauuary
N.Y. Sua.
Norfolk & West
N'theastm (S.C.I
Northern Cent'l.
Northern Paoitlc
Oliio Icid.
Istwk .Mch
December
January
.
IstwkMch
& W.
4th
wk Feb
IstwkMch
IstwkMch
Ohlo&Misa
Ohio River
Ohio Val. of
Omaha & St.
Ky 3d wk
Feb.
,Iauuary ..
L.
OroRon Imp. Co Jauuary
Oreg. R.&N.CO 1st wk Feb
Oren. Short Line January ..
Pennsylvania.
.lauuarv
.
.
t*eorial)ec.»&Ev.
IstwkMch
Petersburg
.January
Phlla.
Phila.
&Erle
ct
..
T-. Hilary
Read'g. January
Coal & Iron Co. .January
Jauuary
TotiliothCo's
Pitts. Clov. & T. Jauuary
F. Jauuary
Pitts. Pain.
Pitiw. tte Weat'rii 1st wk Mch
&
P'riRoyaKtAug. December.
Pt.R'alitW.Car. De^'Oiuber.
Prescott. &. Ariz. February..
Rich. &Ail'g'y..
Wk
cR. &Danv.Sy8
IstwkMch
.Mch 8.
& Pot«!r8'i: Jauuary
RomeW. &Og DtMtemocr
Rich.
.
IstwkMch
St.L.A.&T.U.Bs.
8t.L.Ark.&Tex IstwkMch
8t.L.&SauFrau. IstwkMch'
St.Paul&Dulutii February..
St.P.Mln.&Man. Fel)ruary..
4th wk Feb
I>fcember.
S.Aut.&Ar.Pass,
Scioto Valley
Seab'rd &Roan.
Beattle L.S.& E
SlienandoahVal
South Carolina
So. PaciUo Co.—
Gal.Har.&S.A.
Louis'a West.
November.
Februai'y..
February..
January
.
January
Jauuary
L&T.
Jauuary
Morgan's
K. ^.T.&Mex. January
Tex •*iN. Orl. January
.
.
36,119
56,693
37,303
33,417
42,393
7,751
8,045
•28,325
120,920
30,809
107,576
1,286
291,236 188,721
92,139
88,268
46,801
32,145
20,180
18,513
95,000 109,234
452,651 462,976
931,181 842,283
277,750 215,992
275,627 248,835
3,478
3,480
58,621
46,309
2,461,730 2,586,483
1,924,291 1,890,183
469,402 469,210
412,571 391, .539
41,425
38,660
28,587
20,435
103,247 119,527
112,161
102,163
53,616
50,989
464,749 452,441
345,406 228,731
21,261
23,083
75,716
77,498
8,680
6,561
2,231
2,151
38,880
35,764
298,636 342,879
82,118
68,89
231,129 133,150
4,528,744 4,193,979
12,004
11,449
42,671
82,019
258,570 223,744
1,616,047 930,240
1,048,952 332,828
2,664,999 1,263,068
38,707
30,443
20,581
13,889
38,140
27,590
25,205
27,544
41,169
36,723
9,874
8,510
25,173
1'2,649
265,660 227,488
24,087
20,004
267,368 264,161
20,469
15.380
47,5'20
49,602
08,512
89,689
65,595
84,871
482,257 552,012
19,511
16,687
54,683
62,901
77,127
71,499
15,696
57,000
57,461
134,588 127,577
325,,900
94:,836
445 ,217
343,700
529,156
37,303
14,677
329,459
1,031,714
15,558
553,824
404,208
181,239
178,390
893,623
1,853,616
561,953
568,707
32,12K
58,621
5,171,88(1
1,924,291
460,402
412,371
84,335
250,520
103,24r
882,273
610,o9(
404,749
2,674,5,8'
229,354
682,193
80,637
15,298
38,8.80
298,630
436,896
231,129
4,528,744
128,408
42,671
258,370
1,616,047
1,04,8,952
2,664,999
38,707
20,581
334,114
317,608
335,575
21,799
210,5:
2,110,548
24,087
3,357,353
179,621
502,266
15,2.30
302,558
1,115,126
366,854
309,804
156,206
195,834
91K,099
1,651,5*24
418,'202
519,641
29,960
46,309
5,303,187
1,890,183
469,210
391,539
78,933
238,928
119,5'27
810,905
550,949
452,441
1,868,423
237,410
673,003
61,276
15,815
35,764
342,879
341,495
133,150
4,193,979
120,435
32,019
223,744
930,240
332,828
1,263,068
30,443
13,889
296,195
320,404
301,665
17,222
97,586
1,936,854
20,004
3,222,607
171 ,884
933,080
130,558
482,152
873,320
149,382
876,2.57
l(i6,129
1,034,433
121.918
065,927
621,ti84
789,125
571,796
33,923
110,000
134,588
127,577
566,30'
276,065
64,023
472,266
•318,583
325,,960
94 856
445,
217
108,-561
276,065
64,023
472,266
7,8'27
9 ,f>O0
7,8'27i
9:,606,
126 ,460'
95,586
12(: ,460
95,586
AU, i^'osystem JauUitry
1,002 ,100 915,767 i,oo'2;,100
915,767
Pa^iflo system Dteenioer 2,826:,037 2 ,484,690 35,117,,2 10 '281,459.739
Dicombir 3,977;,693 3 ,632,809 46,699,,614 381,773,147
Totalofall
St.Jo^'ph&Gr.I. l.stwkMch
178.472
20,,920
25,496,
189,,1151
84,3.50
Staieu 18. Kap. Ti February ..
43,,475
41,569
93,,417
SummitBrauoh January .. 119,,560 156,973
156,973
119,,560
Lykens Vallej Jauuary
99,342
88,,200
99,342
88,,200
Texas & Paolnc 1st wk Mch
98,,375
99,873 1,054,,38ll ,109,615
Tol.A.A.&N.M'ii l.stwk.Mch
99,206
17,,294
11,198!
155,,366;
.
.
.
.
'
Tol. Col.
&
So... February..
Tol.&OUioCoui. IstwkMch
West l-Ht wk Mch
Tol.»t.L. &K. C February..
January ..
Union Paoitlc
Tol, P.
<fc
.
.
.
F'ebruary..
Valley of Ohio
Virginia Mldl'd February..
Wabash Railw'y Dweiu'"
i
16,,466
18,,945
19,,028
70,,388
Wab. Western.
IstwkMch
February..
6, 800
Western of Ala February..
47,,477
57, '200
67, 100
82,,959
61,,020
13, i)43
60, 396
WestN.V.&Pa IstwkMch
Carii. February..
tWost Jersey... Jauuary
West. No.
.
W.V.Cen.&PitM J.muary ..
Wheeling JiL. E.|lstwk .Mch
II
Wiscunsiu Coutlst wk
And brauohes.
Mch
35,272
35,,206
176,,456
162,,360
136,,581
1,918, 103 1 ,727,832, 1,91.8, 103
43, 695
40,012,
87,,203
125, 500
122,500,
269,,862
546,796' 6,519,,848
521,,779
97, 868
90,918
989,,8-20
Wasli.O.
& West.
13,0741
15,682i
19,0'27|
6,180
51,423
49,800
56,900
85,705
37,674
14,640
54,609'
13, 671
107,,498
515, 390
139,,567
82, 959
61,,020
154,,254
546,,888
•23,149
227.151
158,761
68,144
,727,832
78,058
253,769
,933,69'3
855,764
13,190
100,863
478,1'23
107,574
85,705
37,674
134,'2'22
538,093
Mexloan oarrenoy.
U AU lines Inoladed.
t InoludoB whole system from Port Worth to DonyBr. bur not, earalc gs
'in iolnr tracR. Pueblo to Trinidad, which would raise tha total for
'
t
February. 1889, to If2(i0,000.
It Ineludiug In 1^8.» Guadal tjara branch.
c Earnings of entire system, including all road oi>orated,
it lucludluK Chicago &, ludlaua Coal.
.
Vabcb
—
.
.
THE CHRONICLE
18, IfVO.j
EarnlngTH by W^eRx.— The latest woekly
comingB in the foregoing table are separately summed up as
rf65
«ro««
Liit«gt
week of March is very aatiafactorv
'
the gain reaching U-28 per cent on 6i roads.
CUlo. BurUng.
it
ihhO.
1SH8.
Atlantlp* PrcIDp
Biilt'iili) Koch & Kiltoburg.
Cairo Vin.
«
8'',4'H
121,1100
D*iv. Rio O. Jk We«t. Onus.
* E
A
lll»
*
A
•.
S'. fiiul.
A
Ji
Kioii
Cli]<iiiiii..tl
(V
..
Mn^k.
W.
1.88
ETHiiB\-llle
A
C.
10
Al •cua
EvansvllU. A T. M
4 Pero M;iri|in>rt»
.
FioiMi K..
.
1
Flint
.V
.fe
Gianil Rapldn
Otberlli.ca
Iowa
C
iv
A
>.
Indiana.
15,642
A
MllWHiikxc
L. Sii.
Milwaukeo
A
2,702
14,300
.Vortlieru
2,1
A Evans
A Western
nd A Allc^- ituv..
A Uauv. {- load-j ..
Pacilio
"fi'o'm
3,263
1
6.050
7,400
A
Not
NewOrl'us.Gro
21,971
Ket liieniase il42S
•
Utah A Northern
1889.
Pr.>v'lyrepo-td (58 roads)
51. 4t
.
New
<it.
Orleans
Vlck.'<l(iirK
A
uay
'
.
6.5,763
yoiitbem
44.8
21,510
13,517
17,221
13.0 9
33 68
26.075
A N. E
.Mi-ndl»n
ji
Alpi ua.
i-,72-
Eaat Tcnu. Va. A Oa
Florida Ry. A Nav. Co ..
"Grand Trunk ot Canada
'C:hic8){o A Gi.
Muk.
I
•JJct.
Oniiid
II,
A Mil..
2I,I6U
302,067
55 II)-16,213
16,430
28.325
23 1183
1H,68T
16,210
ll.ii82
30,809
21.
Bin Antonio A Ar. P.i8Toledo Peoria A Western .
•
119,:i97
6.<.2 3
til
19.511
17,894
4.4U5.811
16, .20
4,305,150
p. o)
For week ending .March
"9,110
Drertatt.
*
128.994
4.790
.
1888.
,
A
Net. .
Ohio'. Gross.
Net...
Ches. Ohlo&So'we«t:OroK8.
Net...
57,
99
9,999
348,059
74,330
170,328
75,541
17.',ei7
7,827
,05
der.4,eu8
126,460
3 ,2.>7
1,002,100
03,506
15,865
015,767
-.^88,608
249, 54
120.450
24,082
161,9-13
33.83
1,918,
I
03 1,727,832
521,096
349,011
2,423.842
2,139,8'9
394,402
3»4,402
642.150
A 8t.L.Gro83.
1889.
1888.
9
*
275,6 7
117,010
2,457,676 2.168,544
37,256
401,731
Jfiyl to JV6. 28
;
.
,
>
188/-9.
«
248.035
568.707
238 1-I2
li>2,300
July 1 to Feb. 28 IG'-'es.
8 months
JNet...
2,C03,>i72
18S0.
^J.ii.
18^9,
,
18N8.
R/wi/f.
FrrscoltAAriz.Cent Gross.
9,874
6.-201
Nee...
—
Decern ber.
1888.
•Jan. 1
188S.
.
1887.
934.160
28.^
to Frh.
»
21.799
11,280
8 510
5,401
1887 8.
9
«i9,a4i
2 4,069
2,l21.-279
f20,.5li9
Tebmaru.
10
1888.
»
17,222
11,097
Dee. 3I.~«
1887.
Gross. 1,3'?2.981 l,21",aS6 15.e3',033 13.723,320
Net...
287,547 46-2.670 fr',2o6,76(i t-,'<87,U98
Mexican National... Gross. 26 •,391 174,"49 2,401,9 <7 1,79^,884
Net...
25,230
1,227
63,838
103,56a
Central PaciSc
8,027
2,<>04
*
Not mcluding Cincinnati Division or
31,4 8
8,lf8
27
Rich,
A All.
ANNUAL REPORTS
4,748
2.484
Missonri Faciflc Railway.
1,822
2,821
1,574
212,3Sh
40,C61
fFor
175,675
•
5R6,5?0
197,310
^Jan.
1 to
1889.
6I,'<66
57,999
4,079
3«3,24l
81,813
iro,7RO
53,368
P,!)99
def.
i-4,307
472,266
Rnnffg.
471
12.530
l.lOi
'»
Cent. Branehtr. Pac.Gross.
512,150
To'al. Incl. Ilne.s In which U.
P. has one half int.i*ro-8. 2,4-'<7,67'' 2,1««,544
Net...
537,2.i6 401,731
2,1114
1888-9.
54,004
56,452
15,101
11,501
Januari/
1889.
1888.
276,065
41,394
64,023
.
r-
883
"'"226
dM
&
Cent. B
U. P.,
OieKon K'w.iy A Nav. Co.,
Uiah A Nev., Ao.) Gross. 2.423,842 2,139,8.39
Isl.,
'27.451
.
1889.
Net.
-.88,604
809,241
1 OH ,971
26.084
9.670
272,598
22,245
113,160
3u,01«
the year ending Dec. 81, 1888.^
President's report is signed by the whole executive committee, and bears the date of March 1, 1889. The annual report tills year does not include, a^ formerly, the Mo. Elansas
Great Northern. The annual reTexas, and International
ports of the Gould roads are very im|X)rtant, as none of the
companies give out any monthly reports of gross or net earnings, and the stockholders (outside the board of directors), no
alS) the public at large, remain in ignorance as to the financial
status of the comi).'inioif from one year's end to another's. Tlie
report says the len.i^h o" the Missouri Pacilio Railway and
branches is 3,119 miles, consisting of main line, 1,418 miles;
branches owned and operated, 1,703 miles total, 3,119 mileei.
The amount of capital stock and bonded indebtedness ot tbe
company has not been materially cluinged during tbe peat
The
A
&
.
Chesapeake
Net...
oss.
No-...
".5!562
2.
JfnOrf.
A ChlcagO-Gross
5.8'J5
9I5.7H7
219,65 4
120,150
24 062
Q
(Ind. St. Jos.
Roaii.
Nashv. hatt.
NetEarnin:;!* .Horithly to Latest Dales.— The tables followin? sliow the latest net earnings reported this week, the
returns for each road being published here as soop as received
wit not kept standing from week to week. The figur s cov-r
the atest m ntn aid the totals from January
1, and also the
totals for the fi-<c!il y^ar oh those compinies
whose fiscal year
does not correspond with the calendar year.
January.
.-Jfay 1 to Jan. 81
Cairo Vin.
07
31,
922, 1 15
325,060
61,993
94, 156
A0.8»4
415.217
149,608
9,606
9' 5^6
1
def. 1.376
231.129
106,788
:(i7
7,8 27
25,303
88,600
18 338
def.9,242
472,266
1,0- -2. 100
shows a
795
'4
333.475
.
125,289
24,
P3,3'iO
1 '.',747
l:;3,150
•'rhnuirii
10.5
18..5ftb
127.4
Little Rock A Memiihls
Memphis A Charlcsiou
Ohio Ii di.na A Woti-m.
Total (79 roads)
Het Increase lO 93
56.230
39.889
93,2 '4
3^,313
21.40
12.631
17.695
12.853
21,152
24.975
48,91)!!
Vlcksbnra (jlirev. A Pac.
Cleveland Akrou a Col...
Color do Alidl,(ud.
Denver A R.Uraiide West
Dctr,.ic
Inerecut.
3,396.776, 3,400.181
Burl. C. R. A Northern
Chic. St. I'. A Kan. C. ...
Cln. N. O. A Texas Pao...
Alabama
1888.
s.'sn.ioo
161 .983
3<,8<3
Union Paolflo systemG'Oss. 1,018,10 < 1,727.8 12
Net...
521,096 34.',011
...
Net...
February.
>,/
.18,0 13
272,^93
22,245
126,t6
8.
A tlan. system Gross.
(
4/A weelc
210,-'>32
26,9S 1
9.676
.def.l ',005 def.4,>l9S
Net...
•d.
p. o.)
453,297
For wei-k ntidinir M arch 9.
For the fourth week of February the full sti^tement
tnfliug gam on the 79 roads included in it.
103.9,-1
38.093
18,191
41,594
61,023
Union Pac.
478, :g^
72 709
27'',0«5
Net.
3,174.80!»
d<-f.88«
t>:<,')95
697
3,ti28,16(>
98,279
21,248
AS. 448
32.5,961
5,787
Total (62 roads)
llil,6<ll
72,709
25,^03
210,.') 12
9l,«56
5 sSOl
445.217
149,608
9,606
1.562
def 893
18.IU4
83 191
8'<,600
1^.538 def.liSZG
P22.13% 8' 19 211
1
10,<I38
«
9a,2-»2
H
53 048
.-i
15,600
1.408
*
1-^,7.7
Net...
Louisiana Western. Gross.
Net...
Morgan's La.&Tex.Gro.s8.
Net...
N. Y. Texas&Mox.Grovs.
Tot.
1,498
Western N. Y. .* Pchti. ..
Wheeling A Lake Krle...
Wisconsin Central
l.SOJ
South"rn Paclflo Co—
Oai. nar. A 8. Aut. Gross.
4,576
Toledo Ann X. A Xo. Mich
Toledo A Ohio ilMorrnl
Tol. Peoria .« Western
Wabash Western
10.930
3u,0l6
Tex.
5.0sn
2,0 2
8,823
11,3
106,7.58
Ifl
il. I. lull I...
39,350
Net...
.I;
Bt.UAlt.&T. H. Biclis..
8t Louia Ark. A Inxas...
Bt. I-ouls .\ 8aa Krau. ...
69,U7
52*33
1,4)8
.
10,^50
12,5_4
38.17
Rlchnii
A
.
1,782
Plttsbiiri:
Texsis
Net...
Gross.
Net...
116,675
Peoriu Dec.
,V
Gr<)=8.
Ohio Bivcr
»9.3'>a
52,'! (8
10. 3^
6->,8l8
A StXonla. Gross.
Missouri Paol&o
2.'V».0T1
1 •,69)
21.2
i—a
284,t8'(
»
116,661
...Qro«8.
Net...
Central... «-08S.
Net...
Jan.Sl,-,
2.50,')-'l
82.112
1!,315
Iowa Central.
Sl.ilWS
Ohio Kiver
a^ii:
.
lo
I
|MH9
e
2'i,l8%
356,199
Net...dof. 9,212
Oregon Short Line. . G ross. 23 1 2'»
1.6.;7
2.1 .2
.
t.
'
'-Jun.
,
1«H8.
£
.
l),«\fi
Nortliorn PiK-iUc
Ohio A .MiMMUaippi
Ekh
84.7W
O r6)5'n R'y & Na v. Co G ro is
3,'>71
A West.
N.Y. Out. AWoai
NorfolK A Wi-Kt-rn
St. J08C|1||
100,0 JO
13,344
.,
1887.9.
•
22 3^3
Not...
5". I -5
A
IS" 8 9.
•
211,363
Net...
Dot. Qr. Hav, A MlI.Q-oss.
Noi...
Mlnneap.
4 4
...
...
liOUlnvill
N Atii.
Ohio.
Loiiisv. N. O.
Tox
Mexican Central
•Mexican nuitw.'ir
*
2I,SI2
1,217
ANahvllle
-,
«
N.;t...
& Or'd Truak. Gross.
•27.S
l,.'i67
Kanawim A OliM
l*k(' Krle A WtwtBro.
—
1888.
31i>,!H2
Kentucky
8.ns:i
l.SiiO
H,94<i
(.'en r.ii
i«nl8vdi.-
..•
-•
1.795
4,410
731
.Vortli
Iii.liiiimp.
A
Ohio.
1.451
2D.4 6
A
I>t^lrolt I..iiim.
>
21
.
mtiary
I
1889.
63,'i'13
N
17.1
108,815
<U)f.7,2ft3
oi.mo
8!',3iq
Qr'd Tr'nkof Cin'aa.Oross.
3.3.6
1*^8.6 28
A Denv.Cy.Omsg
2,197
Ft.
Ool. A C n. .Mlilliiii.l
Col. H. Viil ATiilwl<i
Bill-
Ktait,
Ft. Worth
*
fl.si.n
rnnuarit.
4,0!I7
Wa«li. A. lUll
Dftroit
/—
3.'3
....
Dinvir A Rio (ii,iii m
Umn-nr A K. <}r. Wn-t
&
2».ia7
.
(.IIK'lliiiall .IjK'k
Park
8.
1
aof.7.wa
121 1)01
9l,-»6»
..
44,127
l.V •l.'i
41,127
r.,:U5
PacOrosi.
S7,'il5
7I.«2.'5
.,
f>
...,„
."15
,4
..
11!,,
X, .
•4,<«2a
Net...def..«7.80jilor2.«,..9J d«f. 2;:8
w (l-f.ij.TOS
1 4 (»
4.ia
I.e.
,t
Denv.
."531
I'.OOO
W'wit Miitti
Ciu. Ind. St. L.
C
On.
V
.1-
ClIl(ll^•o Mil.
Chll'll!.'!!
Hmriiue.
«
l^«,n28
10,2.'3
Cliio
ChiiuiUuii P.<" Do
Cliii lu'o
A'l.iii'lo
riiii'.
Inereiimi
1H8S.
•
Net...
'-Jan. I tojtfi 31.^
IH-O.
IKS'*'
•
18H0.
No.nroM.
Nt
of itarch.
It/ teceJc
—
-J inuartt ~
Xoadt.
follows:
The exhibit for the first
18H7-8
59S,949
209,3.1
Jan. HI
1888,
#
64,866
def. 4,
79
341,059
31.3,241
74,3;f0
81,84.
160.-60
53,363
170,320
75,541
;
year:
Amount of oaplinl -tookontstandinx Dec. 3', 18^8
U
(inolod-
I. M. A 8.
iiiK sinck lssu< d in exchange for stuck of St.
Rjiliwav. l,l!'0 miles)
*n.974,850
Bi>nd>'d (Vhtof the Mo. Pac. Railway r!o. Doc. 9I,l9''a... $tl.l7e,i>0U
Capital stock iMsr odle of the Miss nrl Pa Idc Ra Ivay <in-
ciidlnnSt.
1.
I.
M.
A
9.
Aver ge bonded debi per
mileage)
mile, of Mlasinrl Pac.
Ka
(war...
910,205
#1 1,227
The actual deficit in income account for 1888, after chargiBK
31^ per cent dividends, was $1,041,S51. but tbe company carried
:
:
.
THE CHRONICLR
366
forward a nominal surplus in its balance sheet at the end of
1887 amounting to $6,086,604, and the deficit of 1888 was
charged against that.
The construction of the large additional mileage of new
lines, which was commenced in 1886, was closed during the
past year, embracing a large number of roads, which nave
been completed and turned over for operation during the last
[Vol.
^St. L. I.M. a S.ll'y-.
Mo. Dlv.
Ark. Div.
Total No. of acres originally granted
and purchased
139,375 1,343,117
No. of acres sold during 1888
7,934
100,092
$2-33
Average price per acre in 1888
$3'60
Acres remaining unsold Dec. 31, '88. .101, 332
759,074
Amountofsales.incl. townlots,ln'88.$30,729
$236,708
rash received during 1888
$28,147
$226,210
Notes receiv.outst'd'g Dec. 31, 1888.$21,313
$508,657
XLVIII.
Little
Ft.
Rock
it
Smith.
1,057,762
31,071
$3-17
559,102
$98,546
$74,284
$404,077
income
account
and
expenses,
general
balance
The earnings,
Tlie total mileage of these roads was 2,333 miles, and
the total cost, including equipment, coal properties and for three years have been fully compiled for The Chronicle
as below. The mUeage at the close of the year on wluch the
terminals, is stated at §37,363,688.
The cost of above construction was paid from following earnings are based is given. It will be noticed that the
Missouri Pacific statement includes the branches. In the
sources
income account it will be observed that the receipts from divi$14,000,000
Capital stock, the Missouri Pacific Eailwav Co., at par
It is also
14,37(!,000 dends, interest, &c., fell off very heavily in 1888.
Trust 5 per cent Ijonds, tlie Missouri Pac. Railway Co
1,333,000 seen that the amount charged for dividends in 1888 is only
Gurauteed bonds
_
1,653,688 $1,539,120, or S}£ per cent, while the dividends actually
Other sources
6,000,000
Advanced by directors
paid, including the 1^ in January, 1888, amounted to 5}£ per
If the latter dividend should be excluded as having been
$37,362,688 cent.
Total
actually paid out of the earnings of 1887 then the dividend of
The report says
" When the foregoing construction was entered upon, a ready 1 per cent in January, 1889, belongs properly to 1888, making
the actual dividend payments for that year $1,978,868 instead
market existed for railway securities, the capital stock of the of
$1,539,120.
Missouri Pacific Railway Company was selling above par, and
MISSOURI PACIFIC.
it was the reasonable expectation to repay these expenditures
EARNINGS AND EXPENSES.
by allotting shares to the stockholders at par ;, an additional
1886.
1887.
1888.
aUotment of !?o,000,000 of stock, making the capital stock of Miles operated Dec. 31
1,488
2,796
3,119
the company $50,000,000, was intended, which, with the $1,$2,020,597 $2,845,458 $2,939,725
000,000 of the stock then in the treasury, would have liquidated Passengers
8,.S37,017
5,518,296
7,790,949
the entire expenditure. The general decline in railway securi- Freight
1,106,127
Mall express and miscellaneous.
1,597,114
1,647,967
ties has postponed the carrying out of tliis plan, and the financial depression of the past year was so great that, to avoid any
Total earnings
$8,645,020 $12,979,589 $12,378,641
,.
Ejrpensea—
sacrifice of the assets of the company, several of the du-ectors,
$1,699,291 $2,675,139 $3,182,360
who are the largest stockholders of the company, advanced the Transportation
Motive power
1,287,131
2,475,004
2,747,811
necessary amount to complete the lines, under an agreement Maintenance of way
1,298.059
2,404,075
1,988,811
333,432
648,6f>7
718,288
Mainteuanceof
cars
by which the company can repay the loans at its convenience,
620,810
498,983
359,446
with interest not exceeding 6 per cent. The company has in Miscellaneous
its treasury, as an offset to the foregoing construction accounts,
Total expenses
$5,238,723 $8,286,594 $9,411,980
and inclusive of securities underlying the trust five per cent Neteamlngs
$3,406,297 $4,892,995 $2,966,661
bonds, $29,000,000 of the fii-st mortgage bonds of the branch
INCOME ACCOtTNT.
lines and $66,537,607, nominal value, of shares a portion of
1888.
1886.
1887.
Beeeipts—
these securities could be sold, it deemed advisable, and thus Net earnings
$3,406,297 $4,692,995 $2,966,661
941,376
1.360,832
3,014,262
liquidate the debt without further issue of bonds or stock by Dividends, interest, &c
the company for that purpose. The total cash cost of the secu$4,767,129 $7,707,257 $3,908,037
Total net income
rities in the treasury amounts to $46,744,253.
Tlie company
has no floating debt, except that arising from the current oper- Interest on bonds
$1,875,470 $2,349,407 .$2,535,718
-1,539,120
Dividends paid
2,531,770
3,(J08,174
ations of the road.
*3»«
dlWdend
7
7
of
Rate
" The gross and net earnings of your properties during the
941,523
762,265
Taxes, rentals, &c
653,992
past year have been less satisfactory than those of former Commissions on bonds
250,000
283,230
years, chiefly from the causes stated in the report of the First Loss on St. L. & San Fran, stock
Vice-President and General Manager, herewith attached, to
$5,061,232 $6,119,846 $5,549,591
Total disbursements
which reference is made for specific information relative to the
—$294,103 +$1,587,111 —1,641,554
Balance for year
details of the operation and maintenance of your lines.
dividends actually paid in the year 1888 were 5^ per cent, but
"The prospects for the coming year are moi'e favorable. ^*The
the income account in the report gives only 3 is, as above. (See re
Bates, both passenger and freight, in the territory traversed by marks above.)
GENERAL BALANCE UECEMHER 31.
your lines, are better maintained, and the volume of traffic to
1888.
1887.
1886.
Assets—
be moved is increasing, as is evidenced by the increase in earnings for the first two months of the present year, amounting to Cost of road and equipment.... $44,221,631 $47,385,570 $17,973,121
46,744,254
in
stocks
ana
bonds
44,320,154
26,642,615
Investments
$365,000 in gross and $246,000 in net earnings during the Materials and supplies on hand
680,931
1,216,203
1.601,291
months of January and February, 1889."
465,545
614.372
2,728,786
ra»h
131,791
5,547,948
3,273,250
From the extended report of the General Manager, Mr. S. Uncollected accounts
H. H. Clark, it is learned that the railways operated during
Total assets
$78,467,573 $99,084,247 $95,995,642
the year and mileage of each on December 31, 1888, were
Llaoilitie9 —
$39,959,000 $43,974,850 $43,974,850
Stock
TheMisFourl Pacific Railway and branches
3,119 miles. Fuudcd debt
30,000,000 41,302.000 44,376,000
St. Louis Iron Mountain & Southern Railway
1,190 miles. Interest due and accrued
718,217
752,665
514,270
Little Rock & B't.Smith R'way and Little Rock Junc.R'way
172 miles
2,463,517
3,474.689
3.1)50,121
VouchersiorDec. pay. fol. Jan.
Kansas & Arkansas Valley Railway
83 mileP
18,006
lfi,006
Miscellaneous
19,821
Central Branch UnionPaciUc Railroad
388 miles Income account (surplus)
4,445,052
4,499,193
6,0te,605
Sedalia W.irsaw & Southern Railway
42 miles
three years.
:
;
.
:
Total..
Average mileage
of all lines operated
4.994 miles.
during the year 1888, 4,813 miles
The mileage of the Missouri Pacific Railway Company and
branches was increased during the year by the completion of
823 miles of new road.
The mileage of the St. Louis Iron Mountain & Southern
Railway was increased during the year by the completion of
the Memphis branch from Wynne, Ark. to Memphis, Tenn
48 miles, received for operation May 13, 1888, making the
total length of the Memphis Branch 93 miles.
The Kansas & Arkansas Valley Railway, extending from
Van Buren, Ark., to Wagoner, Indian Territory, 83 miles, was
received from contractors on August 13, 1888, and operated as
an independent property.
The CToss eammgs, operating expenses and surplus earnings
of aU hues operated for the years 1887 and 1888 were as
follows
,
AU linesHues
oi)erated,
average
From freight
From passengers
Frommails
From exprecB
From mlsccllaneouB
.Total
_
Total
expenses
1888.
4,813
The business
18
shown
m
Inc. or Deereuse.
Inc.
982
$14,770,942 $16,560,852 Dec $1,789,910
4,964,372
4.930,046 Inc.
34,325
663,250
547,292 Inc.
115,957
493,054
452,182 Inc.
40.871
1,297,834
1,029,624 Inc.
268,210
«22,189,453 $23,519,999
15,852,842
14,638,270
Snrplus earnings
$6,336,611
Batio np. exp. to gross earn. 71-44 p. c.
Mountam&
1887.
3,831
$8,881,729
62 24 p. c.
Dec.$l, 330,545
Inc. 1,214,571
r)ec.$2,545,117
Inc.
9'20 p. c.
of the land departments of the St. Louis
Iron
Southern and Uttle Rock & Ft. Smith raUways
the followmg table:
.$78,467,573 $99,034,247 $95,995,642
Total Uabilitles
Sr.
LOUIS IRON MOUNTAIN A SOUTHERN.
EARNINOS AND EXPENSES.
1887.
1,142
1886.
923
Miles operated Dec. 31
Earnings from —
Passengers
1888.
1,190
$1,526,378
6,279,496
525,948
$1,597,877
5,865,627
621,142
$7,311,612
$8,331,822
$8,084,646
$1,551,538
1,043,735
875,865
240.288
156,905
$1,842,957
1,400,612
1.086,147
358,159
160,524
$1,947,644
1,432.937
1,131,301
392,297
185,853
$3,868,331
$3,443,281
*4,848,429
$3,483,393
$5,090,032
$2,994,614
1887.
$3,483,392
118.502
$3,b01,»94
1888.
$2,994,614
60.239
$3,054,853
$1,291,260
5,572,228
Freight
448,124
Mai), express and miscellaneous...
Total earnings
Expenses—
Tr.iuspSrtatlon
,
Motlvepower
Malntenanceof way
Maintenance of cars
General
Total expenses
Neteamlngs
INCUMB ACCOONT.
Rvtiplt—
Net eam.ngs
Other receipts
Total net income
Ditbunementu
Interest on bonds
1886.
$3,443,281
1^9.800
$3,603,o81
—
Baxee, bridge exp., dividends,
Total disbursements
Balance for year
Ac
.
$2,214,131 $2,358,397 $2,407,300
350.144
l,ti92.052
409.003
$2,564,275 $4,050,449 $2,816,303
-(-$1,038,806
—$448,555
GENERAL BALANCE DECEMBER
-f-$238„550
31.
Assets—
1886,
1887.
1888.
Cost of road and equipment
$54,089,675 $58,644,603 $58,825,096
Land grants
2,774,688
2,:s73,578
2.669,933
Investments in stocks and bonds. 5,776,6i:0
9,639,002 10,225,143
Cashonhand
188,310
61,014
151.935
Advances
32,100
32,048
32,100
Total aeseU
$62,861,393 $71,137,573 $71,516,879
.
Mabch
. .
THE CHRONICLE.
l«O.J
16,
LUtbUUUt-
1886.
Fundwl
(trl)t
Iiil«Mv»t iliin »n.t iiccrued.-.
of iiceuiints
payable
iDVODif accouiu
Total
1688.
$22,0»3.195 $25,731,025 »«5,731,025
35,.-.40.483 39,441,483 30.5UI.548
708,824
75.'i,845
78;i,973
753,803
1.882,686
1,950,248
3,775,088
3,326,534
3,565,085
Btook
Balauce
1887.
*J2,861,393 $71,137,573 ifTTAlO^Sl
llttbllltloa
Oross earniuKii
Oprratlng expenses
1S86.
1887.
170
1838.
170
9
723,348
415,370
170
s
170
$
Not earniD<8.
688,5.'->
476,297
514,732
153,819
1886.
1887.
1888.
Rtetip 'it—
$
NetearniDKa
225.910
2,207
277,978
62,391
$
207,457
56,105
$
153,819
228.117
340.369
263,562
202,750
163,275
64.582
160,685
63,145
163,975
163,975
b2.323
227,857
223,830
116,539
221,864
246,298
41,698 def.43,142
Lanfl
snltia, <&c
Chleayo Ballway.
ft
the year ending Dec. 81
1888.^
,
The annual meeting of otockholden) wa« held March
18 at
the office of the c<jmnany, No. 81 Naomu Street, and the
following directors were elected to serve for the emuinx year
John
J. Astor, Samuel Sloan, B. O. Rolston, JameH
Roo«evelt
William Dowd, Elihu Root, H. H. tJook, Joel H. Erhardt Oeo'
F. Postlethwaite, of New York
Robert U. Hitt, C. R. Cum'mings and John B. Carson, of Illinois, and J. M. Fetter ol
'
Kentucky.
I
207,457
277,973
INCOME ACCOUNT.
2i:5,«10
1885.
683.7.14
(For
;
1885.
614.288
388,378
New Albany
liOnltTllIe
-
LITTLE ROCK & PORT HMITH.
EARMMGS AND EXrKNBES.
Miles of r'd oper'dDeo. 31
367
48,937
The officers were re-elected.
The President, Hon. William Dowd, presented a very brief
report of the condition of the company.
The Orleans West Baden & French Lick Springs Railway
yielded net earnings during the year of $7,837, an increase
of $1,4.')4. The Bedford
BlfK)mfleld RR. yielded net earnings of $2-3,238, an increase of $6,.">09. Tlie physical condition of
the property has been well-maintained. 804 tons of steel rails,
60 pounds to the yard, were laid 128,800 cross-ties were used
in renewals and repairs, and 1807 miles of road were fenced.
Two wooden truss bridges over White River were replaced
with heavy iron bridges of most improved pattern and beat
quality at an expense of about $40,000, and eight other bridges
received extensive repairs. The present equipment is Engines, 81
revenue cars, 8,615 ; work tram, 40 line ca«,
&
;
Total receipts
Di^bitrgemeiUii—
Interest on bonds
Taxes, Ac
Total disbursements..
Surplus for year
260
.)7,889
Lake Erie & Western Railroad.
("For the year ending Dec. 31, 1SS8.J
1,
The earnings and expenses below cover the period from Jan.
1888, for the line to Bloomington, III., and from June 1
include the extension to Peoria, 111. This is the first report for
a full year since since the reorganization, and as that for 1887
inclucfed only eleven months no comparisons are given. The
President, Mr. Calvin S. Brice, remarks:
"As anticipated in our previous report, the condition of the
property has been much improved, and the results of the year
that respect are very gratifying. Tlie improvement is
marked in the roadway and track, bridges, fencing and rolling
stock, for which there has been expended, in excess of amount
necessary for actual maintenance, over four hundred thousand
dollars." The extension to Peoria was completed and opened
m
for traffic June 1st.
The freight traffic shows an increase of about 10 per cent
in the tonnage, the earnings an increase of 4-1.') per. cent,
and the earnings per ton per mile a sUght decrease. The passenger traffic shows an increase of about 18 per cent in the
number of passengers carried, an increase of 11'45 per cent in
earnings, wliile the rate per passenger per mile shows a slight
decrease." The corn crop of 1887 was less than ,50 per cent of an
average crop, and the winter wheat crop of 1888 was about 45
per cent of an average crop. It being apparent early in the
year that as a result of the short com crop a large decrease in
freight earnings from that source would foUow, which could
only be
tions,
made up by an
an extra
effort
was
:
;
;
not owned, but carrying company's initisils, 1,8.50.
During the past four years steady progress lias been made in
reducing the percentage of operating expenses and increasing
net earnings. The figures are In 1885, operating expenses,
79-27 per cent in 1886, 6662 in 1887, 64-89 in 1888, 6?14.
The only important changes during the year were the advantageous renewal of mail and express contracts, and the lease
of the Louisville Southern Railroad. This road Ls about 80
miles long, and though opened less than eight months ago is
already earning at a rate more than equal to its fixed charges.
The expense of the Indianapolis terminals led to buildSng
an independent line from Rowland's to the Indianapolis IJnion
RaUwajr tracks this work is now well under way, and will
give this company an independent entrance into Indianapolis.
By an agreement with the C. C. C. & I. R. R. and the L. E.
W. RR. for the joint use of tracks from Massachusetts Avenue
to the union tracks, the rights through the city are secured,
and an excellent terminal system acquu-ed, which \vil] result
in a great saving of expense to this company.
Tlie income account tor foiu- years has been as follows.
:
;
believed wiU commend itself to all,
" The development of the oil and natural gas fields along
your line in the States of Ohio and Indiana has continued,
until it now extends over nearly 300 miles of your road.
The
tonnage of petroleum and crude oil has been increased from
35,000 tons to 143,589, or about 475 per cent during the year."
OFBRATIONS AND FISCAL RESULTS.
Operating expenses—
Maintenance of way.
$298,013
Road operated, miles.
589 Maint. of cars and moOperaltotu—
209,426
tlve power
740,536
Passengers carried. ..
1,005,881 Transport, expenses.
192,927
General
and
taxes
Passenger mile.-) ge .
26,1,'>4,028
Rate per pass, per lu
2-38 ots.
$l,440,9ai
Total
Freight (tons) moved.
-,._.,
1,167,315
$726,885
Frelglit (tons) mileage 160,731,024 Net earnings
INCOMB ACCOUNT.
Aver, rate p. ton p. m.
0-788 ots.
Net
earnings
$726,885
Marningt—
.
;
;
&
1885.
1886.
Gross earnings
...$1,680,454 $1,919,189
Operating expenses.. 1,332,035
1,278.528
P. c. of op. ei. to earns.
79-27
66-62
Net earnings
$348,418
637.251
Int., rent's, taxes, dkc.
Balance
1887.
1888.
$2,295,623 $2,292,783
1.489,698
1,424,676
64-89
62-14
$640,661
735,407
$805,925
803,435
def.$288,832 def.$94,747 sur. $2,469
increased business from our connecmade in that direction, and this,
with the low rates prevaUing on east and west bound traffic
during the last half of the year, together with the loss from a
short wheat crop, resulted in decreased earnings per ton per
mile, although it must be regarded as quite satisfactory tnat
your coniimny was able to show an increase in the general results.
The operating expenses show an increase in the per
cent to earnings, viz., from 61-35 to 62-64," » * *
" The income account shows, after charging to it disbursements for new construction, betterments and new equipment,
interest, rentals and taxes, a net gain for the year of $109,984.
The present balance to income account is $183,646.
" The policy of your company in expending the surplus earnings, after providing for all fixed charges, in the improvement of and additions to the property,' it is confidently
;
$868,106
864,238
sur.
$3,873
Camden & Atlantic Railroad.
(Fm-
the year ending Dec. 81, 1888.^
The annual report of
this
company
is
mainly
statistical,
and
the results for the year 1888 are reported below in com^iarison
with those for previous years published in the Chronicle:
EARNINGS AND EXPENSES.
1885.
1888.
1887.
$
$
398,416
113,396
49,535
421,964
119,779
57.348
492.22.')
12i,.'>46
63,872
68,527
Total gross e<y-nins^.... 561,347
Oper. expenses and taxes.. 427,204
599,091
469,316
678,643
540,081
696,127
564,635
129,775
138,562
131,i>S
8
Earning*—
Passenger
Freight
Mall, express,
cfco
Net earnings
124,143
1888.
9
490,937
136,668
INCOME ACCOUNT.
Receipt*—
Net earnings
1885.
1886.
1887.
$
$
$
1889.
9
134,143
13,856
120,775
20,803
138,562
14,522
131,493
Total Income
Dinburtemente—
Rentals paid
Interoft on bonds
Other Interest
Divldenil on pref. stock
147,999
Total cisbursements
Balance surplus
Interest,
4o
7,244
150,578
153,084
138,738
$
$
»
7,014
85,120
6,833
$
12,337
85,120
7,890
105,347
42,652
98,967
51,611
4,900
13.652
85,120
85,120
6,467
5,621
(5)43,988 (2><)2-.>,001
.
.
$631,660
^Ight
Mall, express,
1,266,099
<fec
Interest on bonds.....
Rental of tracks
$296,000
18,824
270,030
Total
$314,824
Balance, surplus
$412,061
BALANCE SHEET D CEHBER 31, 1888.
LiabUUiee
Canstructlon
$27,998,820 First mort. bonds
!it->,920.000
Equipment
23,US0,OCO
1,553,868
Capital
slock
*""''' '
Material
'
on band
"
149,050
85,522 Accrued interest
Taxes and ins. accrued
22.189
13,793 Duo to RK. Cos
Oiase National Bank..
85,114
1,090 Accounts p.iyablc
Due from agents
14,676
28,745 Susi>en8e account
Due fromRR. Cos
255
32,734 Charges uni>ald
Due fm U.S.P.O.Dep't.
11,010 Unpaid wages
72,868
Due fm U.S. Exp. Co...
766
5,634 J. M. Wright* Co
Accounts receivable...
183,646
4,384 Balance (dcome acc't)
Total earnings
Cash
($2,167,789
392,963
$30,128,M7
$30,128,567
126,39'(
12,343
American Coal Company.
Deduct—
Passenger
140,535
12,549
{Tor the year ending Dee. 31, 1888.)
The annual circular shows the following:
Reoeived tor coal sold, rents, interest, &c
Value ot oual ou liand
969O30S
7381
9698.74S
Mining, transportation and sbippinx expenses
$563,099
8.755
12,000
12,057
Taxes
Bond Interest to March 1, 1889
Salaries, office and contingent expense*
I,egal expenses
Fire insurance
Proflt.
and
traveling...
150
'*»
--.
695,711
•'2t'^
80.000
1888
Less dividends. 6 per
cent.....
Balance for year
Nominal surplus Deo. 31,1898
.•
813,083
$323,861
,
THE CHRONICLK
3f58
GENERAL INVESTMENT NEWS.
&
A
preferred.
Paclflp— The earnings, expenses and fixed charges
for December, and from January 1 to December 31, were as
follows. The mileage is 1,361 in both years.
(Viiiriil
!>
.
OpeiatiUK expenses
Net earnintrs
Rental ciiKeil lines
.
$287,-i47
t-33
Net income ..
Fixed cliiugus*
NetproUts
•
ccm ber.
.
.
1887.
188«.
$1.2 2.1.83 fl,217,— 6
75 ,2Hi
i3j,*3t)
$U,20i!,7(fS
?(;,387,99i
.030
5,24
;(iS2,l4ij
$3H5,132
.9
5
all
connecting fines east and
terms, it wiU be assured in the
possession of its traffic, as the inducements to build a
paraUel line will be removed." Also that under their plan the
} eaily fixed chaiges will be less than $1,200 per mile, as against
about $1,300 under present conditions, while the property will
be greatly improved and its earning capacity increased. They
say "the bi nd will be lifted up from the speculative stage and
placed on a platform of business certainty and confidence for
the actual income it promises.
The detached remainder is
capitalized in a more contingent security the preferred stock."
An analysis of the company's traffic for last year, furnished
by the General Manager, shows how Uttle "tlu-ough" freight
tiaffic the read has done.
Ihis is attributed to the impediment
of the gauge and to recent changes ui the character of traffic
and methods of tiansportation. The statement is as follows:
west
then
fair
to
oilers
and
equal
—
Fl.ElGHT Ut;»l>ESS
8.
Wm.
absentees were John Plankinton, of Milwaukee, Philip D.
Armour, of Chicago, and James Stillman, of this city. The
following resolutions were adopted
TT/ie <•"', By ;iit n( lU" Lcffislatiue "f the State of Wl<pon«in Ihe (late
forilo-ingili liiial yi-arof tliis lOiupauy lias i)tou changed from JJcc.
31 to Juu, 30; iheritorc. be it
n </, TIcat "ereafter ilie yearly accounts sliall be close"!, an 1 the
i'C9
nnn al niioris "f the Board of Kiieitors of this coiiipau> shall le niaile
nilir.tciii,*? n e sane period a- is now cmvfor the year iMui ng; June -o
eieil b,'t »" report- re/iuired by Liw to be made tu Iho luterstule t-ini:
i
rce Coniiii' sion.
hat a di i idenrt of $2 p T share he declared on the prefened
It- 8 iii'il
stock of this company fiom the net eariinas of t lie iiscal } ear ending
June 30, 18»ii, puyable on the 2Gth day of Aiirii next.
I
FUR THE VKAR
If 88.
p.
Local
fololado Utah
From the above
fU(>2,830
and bettcrmHUts, taxes and U.
:
.
Western
Tops.
Jiertvne
2H7..98
.''3.« 7
.$3l.52«
20.'.
lran>-Coi.iii..uial
dues.
t D^dii Hun f>r exec's ropnrUd In lirevioiis month.
lep.'r ol in exot-ss in previous raontlis.
; Afitr takmx oiitamouuw
Chicasro Wil «";»iik-e & St. Paul —The meeting of the directoi-s was held at the company's office. No. 42 Wall Street, and a
dividend of two i>er cent was declared on preferred stock. Ihe
following directors were present F^ank 8. Bond, Selah ChamItockefeller,
berlain, Joseph Millbank. Jas. T. Woodward,
Peter Ueddos, Hugh T. Dickey and Jason 0. Easton. The only
uii
:
»1.-Miuri kivd-Uti.h
C liir riiia-Coloiarto
$G, 12,79.5
8!2-<7.3U
dot.
to Dec. 30.
1887.
3 ,8^-2 .n;,723 320
,,3.>. ,.t22
9,03 ,' G8
Jnn. 1
IHHH.
i
Inelnden Intcrnst, rentals, additions
present situation of this road suirounded on the east and west
by extended Unes of standard gauge, it is evident that it
must conform to the new conditions or be left without through
business, the committee say
"The expectation is justified
that if the gauge is widened and the gap filled between tlie
Utah border and the two standard gauge roatls, which connect
with the half dozen trunk fines on the east, and if the Denvea-
$l."i,
$10J,670
XLVUL
;
AlMbimi Mi(ll»T»fl.—The lioe from Bainbridge, on the Savannali Florida & Western, to Ozark, Ala., 86 miles, will be
In Alabama the road will pass through
all gi-aded by May 1.
Gordon, Dothan, Newton. Ozark, Brundige, Troy and Ada,
and thence to Montgomery, a total distance of 175 miles. The
Northwefct & Florida road is now controlled by the Alabama
Midland, and over it this road will reach Montgomery, making
connection at Ada. 20 miles south of that city. Ihe Northwest
Florida extends from Montgomery south to Luveme, Ala.
51 miles.
It is three feet gauge, but will be changed to standmovement is on foot to extend the Alabama Midland
ard.
to connect with the Kansas City Memphis & Bumingham
Road. Ihe present bonded indebtedness on the 175 miles is
Ihe stock is §1, €00,000 of common and §feCO,OCO of
$2,600,000.
Gross earntncs
[Vol.
it
nj total
55-63
V4-44
13(ia
0i-7l
02'16
233.4 t!
12J 808
72
!i,:i79
45
9,i)29
2I',57.t
<'24
will appear that 95 per cent of the tonnage
and 95 jier cent of the freight revenue w as derived from local,
and business into and out of Utah. Only 2), por cent of
tonnage and 2 per cent of revenue was derived from trans-Continental business. This appfies to freight only, the passenger
business not being here included.
Coal formed 51 -45 per cent of tonnage and 40 per cent of
revenue, and product of mines, including coal, was over 78 per
cent of tonnage and 63 per cent of revenue, most all of which
is local to the fine,
Fliiit
A-
Varvi Marfiuette,
were as below given
— Gross
and net earnings
in 1888
:
IP' 8.
$!, i 3, >"4
1.04., i25
Grot-s earnings
txpeus.s
Neteamings
51
18S7.
2.937
'.^7
1,8 ,^,283
$7:0,i>49
$757,654
—
Co. The London Financial News says that
the applications for the issue of £300,000 first mortgage 6 per
cent bonds of the Hudson Tunnel Railway Company have ex-
Hnil>on
ceeded
riiiiiiol
i'SOO.OCO.
—
Illinois (.'mlral. The meeting of stockholders was held
in Chicago on the 13th,
Mr. Stuyvesant Fish, the President of
rinciniinii M'nslilngton & Ballimoro. At Cincinnati, the company, presided. The election of directors resulted in
March 11, the question was decided by Judge Peck, of the Su- the re-election cf Mr. B. F. Ajer, of Chicago, (the general
perior Court, arising out of the proceedings by the Farmers' solicitor of the company), of Mr. Walter Luttgen, (of Messrs;
Loan
Trust Company for a foreclosure of mortgages, 'the A. Belmont& Co., of New York), and of Blr. John \V. AuchinOhio Company put in a plea that it liad secured a closs, (of Messrs. Auchincloss Bros., of New York), each to
Baltimore
judgment against the Cincinnati Washington
Baltimore for serve for four years; and in the election of Mr. George
Co., of New York),
$1,250,000 for material and supplies fvunished, and it asked to Bfiss, (of Messrs. Morton, BUss
have this judgment declaied a prior lien to the mortgages of to ser^e for the remainder of the term of one year, made vacant
the Farmers' Loan
Trust Company. The Court granted the by the death of John Elliott, Esq. On reconvening on the 14th,
Gutlirie,
prayer of the Baltimore
Ohio Company, holding that the Mr. Charles M. DaCosta (of Messrs. Seward, DaCosta
manifest intention of the statutes was that liens for material of New York) was elected by 258,538 shares, as against 7,332
the
negative.
votes
was
not
The cumulation of
and supplies should be prior to those for bonds in order to ena- votes in
ble a road to continue in operation, and thus tend to improve allowed because the charter granted in 1851 provides that the
the value of the property represented in the bonds. An order stockholdera shall have one vote for each share, no more, no
for the sale of the Cmcinnau Washington
Baltimore will be less, wliich provision is in no way modified by the constitution
wsued, but it is said the time of sale will probably not be be- of 1871 or any subsequent legiilalion cf the State. Had the
cumulation of these votes on any one of the five candidates
fore September next.
Mr. hi. K. Bacon, of this city, who is a member of the Reor- been allow cd, they would have amounted to 36,000, leaving
ganization Committee, is reported as saying that he does not each of the successful candidates with a majority of 231,878,
«jx{5ect the committee to have any plan of reconstruction in wliich is more than half of the entue capital stock of
Bhapo to lay before the security holders in less than tlu'ee $40,000,000.
Mr. tish voted in person 1,687 shares, and as proxy for 1,745
wontlis from the present time.
vrr & Kio Kniiule Western. From official sources other shareholders, 252,345 sliaies. Mr. Cooley, of Hai-tford,
1>
the Chronicle has information that a committee selected by who was in opposition to the management, voted in person
and as proxy for other stockholders, 7,383 shares.
holdei-s of two millions of bonds has been formed to consider 305 shares,
the question of widening the gauge and to prepare a plan. The total number of shareholders is 3,731, whoso average holdTheir names are George P\ Peabody, Charles J. Canda, I'rcd- ing, exclusive of that of the Administration office in Amstererick P. Olcott and James C. Pairisn, of New York; Barthold dam, amounts to less than 95 shares. The books of the comSchlesinger, of Boston, and Jos. D. Potts, of Pliiladclphia. lliey pany show that there are, including the Administi-ation, 6
have substantially agreed upon a report and plan of reorganiza- holders of upwards of 5,000 shares; 35 holders of 1,000 sharoB;
tion, which will shortly be submitted to bondholders through 09 holdei-s of 500 shares; 821 holders of 100 shares, and 3,801
The number of stockholders
tlie medium of a responsible banking house, and will take holders of less than 100 shares.
effect on acceptance by the holders of not less than five mil- i 1 Illinois is 103, holding in the aggregate 12,354 shares.
lions of the jre ent lx)nds. It involves the plan of a voluntary
Internntioiiiil « (ireat Northern. Mr. N. W. Finlayhasreexchange of the latter for new securities covering the widened signed from the receivership and Mr. J. M. Eddy, General Manand improved road, modern rolling stock, and certain exten- ajjer of the road, has been appointed receiver in place of Mr.
sions required cither to effect a connection with the standard Fin lay.
gauge lines of the Denver Rio Grande and the Colorado MidMan hut tun EIPTa od. The largest judgment yet rendered
land on an absolutely neutral basis, or as feeders from the against the elevated railroads in this city in c.ises for damages
growing mining districts in Utah. Tlie plan contemplates a to pi-operty was given this week by Judge Ingraham in Sureparation of the present security into two parts, viz. New preme Court, Special Term. 'Ihe damages awarded by the
first mortgage bonds to the amount of the present bonds with
Court aggregate $95,000 in favor of the Sixth Avenue Railthe added improvements and wide rolling stock— bearing a road Company, and against the Manhattan and Metropolitan
lower rate of interest determined by the net earnings per mile Elevated railroad companies. The Sixth Avenue Railroad
actually realized last year— and jireferred 5 per cent stock to Co, has
the entire property fronting on Sixth Avenue from Fortycapitalize and represent the surrendered percentage of interest third
to Forty-fourth streets, where its stables are located,
and the old coupon certificates.
Ihe map published and also property between I'lfty-eighth and Fifty-ninth streets,
to-day on thejourth page of the Cheonicle will illuatrate the a
portion of which has been used as a depot, the remainder
—
&
&
&
&
&
&
&
&
—
I
—
.
'I.
frei^h tum\s.
&
—
:
March
16,
THt: CHRONICLE.
m9.]
Ohio Indiana * Wtmtern.— The Duilu Bulkttn Myn:
" Through the court«;'<y of a prominent local banking houM w*
can present the stntc^rnent for the year IH8H. ComparfamM
with 1,-vst year are not poHslble, owing to cimugeti hi oi^niJB»ion during the twelve montlis part:
and a lot on the southeast corbeinir vacant and unimproved,
Avenue. None of the
ner of Fifty-oiRhth Street and Sixth
occupiwl by the oonipanv
proiKTty has b.H>n rente*!, but it is
thivt portion unini proved,
tor Its own use.with the exception of
for loss of rental bv the
hence only nominal dain:>se,s arc awarded
for being deprived
Court The compiuiy suwl to recover dainascs
air and access in front
of its' easement u. the street for lisht.
iiroperty on tlie avenue. Judse InKrahain finds that
aroM
of all its
Avenue comimnv annrothe value of tlie proi)erty of the Sixth
in front of the bfcK-k
priated and used by the elevati-d railroad
from Fifty-eiffhth to Fifty-ninth streets is ^.9,000, and the
is 838,tKK)
value of that in front of the Fortv-third Street deiK>t
in Iroiit of
while he fixes at §8,0()0 the value ot the property
Street, which is ivsed bv
the southeast comer of Fifty-eighth
finds that the Sixth
the elevated railroad. Judge Ingraham
Avenue Railroail Company is entitled to a judgment enjoining
and restniining the elevated railroads from maintaining the
unless, within
structure in front of the property in question,
of the judgment, the
thirty davs aft«r tlie service of a copy
amount
elevated roads pay to the Sixth Avenue Company the
appropriated, with interest
fixe<l a-s the value of the property
and the costs of the action.
Mexiean Central.—This commny gives notice that it will
pay all its couixm notes on April I6th, with the accraed interThis notice is given in accordance
est thereon, to that date.
with the right reserved in each of the said notes, by the terms
of which no intere-st will accrue after April 16th.
The Receiver's statement, aa
Missouri Kansas & Texas.—
•
'
^
the foUowm;
-
86U
nivrulUL'R
Vl,'i»5,!ll!y
Opurnliiii exiWDHcn
l,Utf2,00O
Not (^arnlngH
Flxo 1 uli,irgos
^in'i.MH
IV32.0J0
Dollclt
«1-,<».3S&
Partly accounting for the ab,>ve deficit there wai expended
for betterments and improveniintj the sum of $81,W!) during
tlie year."
Ohio Blror. ^The groas «3d net earoingj and charges were
as follows in 1888
••
—
:
188'.
^ni.'fO.")
Gro.'gearnlnipi
UperaiiDKexpcn^eHand tax
'
,
Tebo & Neosho Division,
Central Missouri Division, SJ3,r)«
Union Pacific South Branch Division. ijSS.Tia Mis$125 :»!)
Disouri Kansas & Texas Division, $388,373 Trinity & Sabine
27l,5:<l
$2(X>,27I
Net earulags
CUages
19U.818
iWCIM
»3,i5J
Sariilus
Port Hnronifc NorthwostTn.— Messrs. Fahnestock & Co, announce that holders of 10,735 share-iof stock, $580,000 Ist mortgage bonds, §811,000 consolidated mortgage bonds and iW
shares in the car trust of the Port Huron & Northwestern Kailassented to an exchange of tlieir t:ecuritieH
Pere Marquette Raihoad Com|>any, on
for bonds of the Flint
the terms of circular of February 20, being more than enough
of each class to insure completion of pkin. Time for dejioeiiting securities is extended to Mar<;h 25.
way Comijany have
&
Kicbinond & West Point Terminal.—The new collateral
mortgage is about completed and ready for execution an
soon as President Inman returns from the South. The mortDivisNorthern
Expenses—
total. §1,131.974.
vision. §38,326
gage is for §34,300,000, and the bonds bear 5 per cent interest,
Hannibal & Central Missouri Division, $48,752
ion, $339,171
A syndicate headed by
payable March and September.
Branch
South
Pacific
Union
Tebo & Neosho Division, $71,924
Messrs. Maitland, Phelps & Co. and Kessler & Co. have purSabme,
Trinity
&
$389,487
Division,
Division. §64,560 Texas
chased §5,000,000 of the bonds, and will olfer them here and in
total, $794,574.
$TO,361
London shortly. These §5,000.000 bonds will be a first lien upon
Missonri I'acittc.—The annual meeting of the stockholders stocks and bonds having a market value of about §7,460,000,
of the Missouri Pacific was held in St. Louis. The number of and a second lien upon other securities having a market value
shares voted in person was 144,936. and the number of shares of about $13,077,.550, subject to $5,.')00,000 outstanding six per
voted by proxy was 153.036; total 296.072; and the total num- cent collateral bonds.
ber outstanding is 4^49.748. The only change made in the
Savannah Aracrlcns & Montgomery. - This wiis formerly
duectorv was the election of Dr. John P. Munn, Jay GoiUds the Americus Pi-eston & Lumpkin. It is in oper.ition from
The
resigned.
medicafadviser, in place of R. S. Hayes, who
Louvale to Abbeville, Ga., 110 miles. Eai-nings for year 1888
directors for 1889 are as follows: Jay Gould, Sidney Dillon, were §139,911 gross and $40,992 net.
B<mds to the amount of
Hopkins,
L.
Samuel Sloan, Russell Sage, Thos. T. Eckert, A.
$600,000 have been authorizi^d, of which §3.50,000 only have
Munn,
P.
John
George J. Gould, E. K. Sibley, Geo. J. Forrest,
been sold, the remainder being in the company's treasury. It
and H. G. Marquand, aU of New York, and C. 8. Greeley and is proposed to issue thirty-year per cent gold bonds at the
S. H. H. Clark, of St. Louis.
rate of §12,000 a mile, and to withdraw the present issue as far
Nashville Chattanooga & St. Louis.- Gross and net earn- as possible. Tlie road to the east, from Americus to Abbeville,
ings and charges in February, and in the eight months July to sixty miles, is being changed to standard gauge and 60-pouDd
rails are being laid; an extension twenty-five miles further
February, were as below stated:
;
;
:
tiiist
;
;
:
;
;
;
;
:
Ftbntarn.
1888.
$248,835
146,535
.
.
Net earning*.
Balance
»>"». enrfed
Mar. 1 .—
IS^^a^^
$2.121,'J79
l,28;i,463
1.187,119
117,010 $102,300
$62,7.35
$72,337
12,934
2.070
.$920,50i>
$934,160
$581,230
39,045
.$498,942
.fi75,007
$75,669
.$620,275
"$591,454
$12,003
$26,631
.$:i00.'234
$342,708
.
Tnterent and taxes
Iini)roveuirut9
^3
1889.
$2,203,972
1889.
.»2T5,6'j7
158, 'U?
Gross earr.insR
Operotiug cxjjeuacs.
92,512
Lead Trust.— The shares of this trast have been
>ational
.
admitted to dealings in the unlisted department of the two
Stock Exchanges in this city. The ti-ust has been in existence
a Uttle over a year, and embraces about half of the lead con-oding
Mr. Heniy Hentz of the New York
interest in this country.
Cotton Exchange is President Gen. A. T. Goshom of the
Anchor White Lead Company of Cincinnati is Vice-President;
W. H. Tliompson, President Bank of Commerce. St. Louis, is
Treasurer; S. R. Bradley, Pre.sident Bradley White Lead
Company, New York, is Secretary; 8. Bevmer, President Bey:
mer-Bauman:White Lead Companv
of Pittsburg,
is
Treasurer,
and the following are the other trustees: A. P. Thompson,
Cornell White Lead Works, Buffalo; J. H. Morley, of W hite
Lead Works, Cleveland; D. B. Shipman. of Wliite Leml "Works.
Chicago, and W. IL Pulsifer, .of St. Louis Oil & Lead Company. The trust has been capitalized on the basis of a httle
over four to one on the assessed value of tlie proiierty, the
issue of stock being about 300,000 shares, at a par vahie of 100.
The formation of the tiiist was the result of the bad condition
in which the trade found itself, owuig to excessive comiietition, and wliile no money was made the past year, a fair manufacturing profit
is
now
east to a connection
1888.
Springfield, 111.. March 11, tlie Chicago division
I&iilway, now under tlie control of Receiver
John McNulta, w;v3 sold to the I^irchasing Committee for
Tliis is the line from Altamont and Effingham to
$3,1)00,000.
Streator, and from Streator to Chicago about 2.58 miles. This
is considered the first step toward consolidating the Eastern and
Western Divisions, if the plans of reorganization are perfected.
The purchasing committee consists of James F. Joy, of Detroit,
—
and Thomas H. Hubbard, O. D. Ashley and Edgar
T. Wells, of
the divisions have been bought in by the
purchasing commiittee, it is their plan for the entire system
east of the river to be turned over to the Wabash Western
Company, as outlined by President Ashley in lus aimuJil
New York.
$2,'J5n,"G8
1,963000
1,954,860
$5,730,000
3,926,000
$5,900,484
3,9J9,720
9568,u00
$395,908
$1,804,000
$1,990,764
894,000
894,283
1,788,000
Mmt
cliar(.o(i.
.
Prollt
Dividends
(71-16p.C.)
(1 p.o.
(juarterly)
BalsUDM
df.*326,000 df.fl98,375
1
all
Western Union Telegrapli.— The statement for the quarter
ended March 31 1880 (partly estimated) was as below, comparn)
with the actual figures for the same quarter in 1888. The
net revenues for the quarter ended December 31, 1888, were
,
$1,685,808, being $35,808 larger than the estimate.
Quarter ending Unrrh 31
>
M$limntMl. 18P9.
Adaal. 1888.
.,150,000
•1,183,193
Het revenue
.
DeduH—
». .,„ o.n
Interest on hoaie
Netlnoome...
LeeadlTidend
$188,5aJ
"'sH'SxS
20."00
Sinking fund
'jc,oo»>
142.6921
208.S89
11.141,491
'I'SiS'liT
1,077,357
1.077376
«6I,0W
f66,Sia
t7,386.896
def.
Surplus for quarter
f8.S«8,»09
Total nominal surplus M.reh 31
The following table exhibits the receipts, expense* andnrofits
for the calenctor year 1888 as comi«red with tnoec of 1887:
Eijient*.
KteeipU.
^/XS£'L^
$5,897.6«»
$14,364,901
taaa
.... ir20,462.«00
4,254.424
13,914,743
lii?::.":!!:;:;:'"!" 18.169,167
Increase
,788,666
«nr.$16,000 «ur.$202,193
After
report.
1889.
ll**8-„„,.
$17,213,000 ¥18.:73.022
11.483.000 12,272,n;8
(66 71 p. C) (67 53 P.O.)
Net earnings $ .531, 00
also in prog-
Wabash.-At
Wabash
Btatement for
the quarter and six months ending March 31 is as given
below, March, 1889, being estimated:
^Six mot. end'gltar. 31.^
^Qtiarleren<t'gifar.9\.—k
$3,152,796
5,«02,028
is
of the
New York Central & Hadson River.—The
1889.
& Ga.
gpoi(ane Falls & Northern.— The contract has been let for
the construction of tliis road, which will be about 125 miles in
length, connecting with the Northern Pacific at Spokane Falls,
and running north to the Little Dalles on the Columbia River.
Fifty year 6 per cent bonds to the amount of $3,300,000, and
capital stock to a Uke amount, have been authorized.
being realized.
Cross ennilnjni. $8,012,000
Oiicr. exiM'iiacs.,
5,'M1,000
Kxiwn. tuear.ig
(G8'«p.c.)
with the E. T. Va.
ress.
•
UT
."$2,293,433
>1 .643.375
$e50.1.^8
Kor baUiic. af Invr.liueot iiem. see
PMC
3»-*.
:
.
THE CHRONICLK
370
%tpovts and documents.
AMENDMENTS TO THE INTER-STATE COM
MERCE LAW.
THE
—
:
The following is the text of the bill amending the InterCommerce Act, which became a law March 3
"
[The original act was publislied in full In the " Chronicle
state
:
of February 12, 1887, page 215.]
Be It enacted by tbo Senate and House of Hepresentatlves of the
United States of America, In Congress assembled, That section six of
an act entitled " An act to regulate commerce," approved February 4,
1887, be, and it is hereby, amended so aS to read as follows
" Section
That every common carrier subject to the provisions of
6.
this act shall print and keep open to (i) public inspection schedules
sho-ning the rates and fares and charges for the transportation of passengers and property which any such common carrier lias cata))lished,
in force at the time upon Its route (2). The schedules
printed as aforesaid by any such common carrier shall pHlnly state the
places upon its railroad between which property and passengers will be
carried, and shall contain the olassiflcation of freight la force (3), and
shall also state separately the terminal charges and any riiles or regulations which in any wise change, affect, or determine any part or the
aggregate of such aforesaid rates and fares and charges. Such schedules shall be plainly printed in large type (*), and copies for the use of
tiie public shall be posted* in two public and conspicuous places, in
every depot, station or office of such carrier where passengers or freight,
respectively , are received for transportation, in such form that they shall
he accessible to the public a^ut can be coyiveniently inspected (^).
" Any common carrier subject to the provisions of this act receiving
freight In the United States to be carried through a foreign country to
any place in the United States shall also in like manner print and keep
open (8) to public inspection, at every depot or office {^) where such
freight Is received for shipment, schedules showing the through rates
established and charged by such common carrier to all points in the
United States beyond the foreign country to which it accepts freight for
shipment, and any freight shipped from the United States through a
foreign country into the United States, the through rate on which shall
not have been made public as required by this act, shall, before it is
admitted into the United States from said foreign country, be subject to
customs duties as if said freight were of foregn production, and any law
In conflict with this section la hereby repealed.
"No advance shall be made in the rates, fares and charges which have
been established and published as aforesaid by any common carrier in
compliance with the requirements of this section, except after ten days"
public notice, which shall plainly state the changes proposed to be made
In the schedule then in force, and the time when the increased rates,
fares, or charges will go Into effect and the proposed changes shall be
shown by printing new schedules, or shall be plainly Indicated upon the
ohedules In force at the time, and kept 02>en to (8) public inspection
Beductions In such published rates, fares, or charges shall only be made
after three days' previous public notice, to be given in the same manner
that notice of an advance in rates must be given (»)
" And when any such common carrier shall have established and published Its rates, fares and charges In compliance with the provisions of
this section. It shall be unlawlol for such common carrier to charge,
demand, collect, or receive from any person or persons a greater or less
compensation for the transportation of passengers or property, or for
any services In connection therewith, than is specified in such published
BOhedule of rates, fares and charges as may at the time be in force.
" Every common carrier subject to the provisions of this act shall file
with the Commission, hereinafter provided for, copies of its schedules
of rates, fares and charges which have been established and published
in compliance with the requirements of this section, and shall promptly
notify said Commission of all changes made in the same. Every such
common carrier shall also file with said Commission copies of all contracts, agreements or arrangements with other common carriers in relation to any trafilc affected by the provisions of this act to which it may
be a party. And in cases where passengers and freight pass over continuous lines or routes operated by more than one common carrier, and
tlie several common carriers operating such lines or routes establish
Joint tariffe of rates or fares or charges for suoh continuous Hues or
routes, copies of such Joint tariffs shall also, in like maimer, be filed
with said Commission. Such Joint rates, fares and charges en such conttnuous lines so filed as aforesaid shall be made public by such common
carriers when directed by said Commission, In so far as may In the judg-
[Vol.
XLVni.
menl
of the Commission be deemed practicable, and said Commission
from time to time prescribe the measure of publicity which shall
be given to suoh rates, fares and charges, or to such part of them as it
may deem it practicable for such common carriers to publish, and the
places in which they shall be published, (i)
" No advance shall be made injoint rates, fares aid charges, shown
upon joint tariffs, except after ten days' notice to the Commission,
which shall plainly state the changes proposed to be made in the
schedule then in force, and the time when the increased rates, fares or
charges will go into eU'ect. No reduction shall be made lu joint rates,
fares and charges, except after three days' notice, to be given to the
Commission, as is above provided in the case of an advanre in joint
rates. The Commission may make public such proposed advances, or
such reductions, in-such m.anner as may, in its judgment, be deemed
praoticable, and may i^resciibe from time to time the measure of publicity which common carriers shall give to advances or reductions In
shall
fjoint tariffs.
X "
be unlawful for any common carrier, party to any Joint
to charge, demand, collect or receive from any person or persons
a greater or less compensation for the transportalloii of persons or
property, or for any services in connection therewith, between any
points as to which a joint rate, fare or charge is named thereon than Is
It shall
tariff,
I
and which are
specified in the schedule filed
with the Commission in force at the
time.
" The Commission may determine and prescribe the form in which
the schedules required by this section to be kept open to public inspection shall be prepared and arranged, and may change the form from
'ime to time, as shall be found expedient.
" If any such common carrier shall neglect or refuse to tile or publish
its schedules or tariffs ot rates, fares, and charges as provided in this
section, or any part of the same, such common carrier shall, in addition
to other penalties herein prescribed, be subject to a writ of mandamus,
to be issued by any circuit court ot the United States in the judicial dia.
trict wherein the principal ollice of said common carrier is situated, or
wherein such offense may be committed, and it such common carrier be
a foreign corporation in the Judicial circuit wherein such common carrier accepts traffic and has an agent to perform such service, to compel
compliance with the aforesaid provisions of this section; and such writ
shall issue in the name of the peopleof the United States, at the relation
ot the Commissioners appointed under the provisions of this act; and
'A« (3) failme to comply with its requirements shall be punishable as and
for a contempt; and the said Commissioners, as complainants, may also
apply, in any such circuit court of the United States, for a writ of Inunction against such common carrier, to restrain such common carrier
from receiving or transporting property among the several States emd
Territories of the United States, or between the United States and adjacent foreign countries, or between ports of transshipment and of entry
and the several States .and Territories ot the United States, as mentioned
In the first section of this act, until such common carrier shall have
complied with the aforesaid provisions of this section of this act."
i
;
(1).
In original Statute Instead of the words "open
to "
laosed.
the word " for "
(2). In original Statute Instead of the word "ro«/e" the words "raiiroad as Utfined by the first section o/ this acl " are used.
(S). In original Statute after the word "force" the
words " upon such
railroad" occur.
(«). In original Statute after the word " tvpe " the words " of at least
the size of ordinary pica " occur.
(S). In original Statute instead of the words that
are In Italics, the words
" kept in any depot or station upon any such railroad in stich places
and
" in such form that they can be conveniently inspected" are used.
(6). In original Statutfelnstead of the words "open to" the word "
for"
"^
Is used.
(7). In original Statute the words " or office " are omitted.
"'^^'"'^ Statute instead of the
ta'*ik<?"
words " open
to"
the word " for "
In original Statute instead of these words in italics the
words occur "mav be made without prtvious public notice ; foUowine
but when-
Sec. 2. That section 10 of said act is hereby
follows
amended so as to read
as
" Sec. 10. That any common carrier subject to the provisions of this
or whenever such common carrier is a corporation, any director or
officer thereof, or any receiver, trustee, lessee, agent or person, acting
for or employed by such corporation, who, alone or with any other
corporation, company, person or iiarty, shall wilfully do or cause to be
done, or shall willingly suffer or permit to be done, any act, matter, or
thing in this act prohibited or declared to be unlawful, or who shall aid
or abet therein, or shall wilfully omit or fail to do any act, matter, or
thing In this act required to be done, or shall cause or willingly suft'er or
permit any act, matter or thing so directed or required by this act to be
done not to be so done, or shall aid or abet any such omission or failure,
or shall be guilty of any Infraction of this act, or shall aid or abet therein, shall be deemed guUty of a misdemeanor, and shall, upon conviction
thereof in any district court of the United States within the jurisdictiaii
of which such offense was committed, be subject to a line ot not to exceed five thousand dollars for each offense.
" Provided, That if the offense for which any jierson shall be con
vlcted as aforesaid shall be an unlawful discrimination in fates, fares
or charges for the transportation of passengers or property, snoh person shall, iu addition to the flue hereinbefore provided for, be liable to
imprisonment in the penitentiary for a term of not exceeding two years,
or both such fine and imprlsonmpijt, in the discretion of the court.
" Any common carrier subject to the provisions of this act, or whenover such common carrier is a corporation, any officer or agent
thereof, or anyperson actlngfor or employed by suoh corporation, who.
act,
by means of false billing, false classUlcation, false weighing or false
report of weight, or by any other device or means, shall knowingly
u and wilfully assist, or shall willingly suffer or permit any person or
e persons to obtain transportation for property at less than the regular
i^rates then established and in force on the line of transportation of
such common carrier, shall be deemed guilty of a misdemeanor, and
shall, upon conviction thereof In any court of the United States of
competent Jurisdiction within the district In which such offense was
committed, be subject to a fine of not exceeding five thousand dollars,
or imprisonment in the penitentiary for a term of not exceeding two
years, or both, in the discretion of the court, for each offense.
"Any person and any officer or agent of any corporation or oompany
who shall deliver property for transportation to any common carrier,
subject to the provisions of this act, or for whom as consignor or consignee any such carrier shall transport property, who shall knowingly
and wilfully, by false billing, false classification, false weighing, false
(«),
^mclim^
"•« sc?iedules at the time in force
and
kept for pubtie
(1). In the original Statute after the word "published" the following
words <whicli are omitted in the amendment) occur "hut no common
"earner party to any such joint tariff shall be liable for the failure of
" any other common carrier pariy thereto to observe and adhere to the
" rates, fares or charges thus made and published.
(2.) in the original statute the word "</(e' is omitted.
>i
::
March
;;
:
THE CHROiNKJLE.
16, 1889,J
of
freprfiBcntntlon of tlio contents of the paokago, or false report
with or without the
welitlit, or li}' any otlicr device or means, whether
obtain irannooiiHFnt or connlviinco of the carrier, Its agent or aKcnts,
cst^ili.
porfcitlon for such propcrtj- at less than the roKiiIiir rates then
Ushod and In force on the line of transportation, shnll be deemed
371
8rc. 16. That whenever any oommon carrier, as deflned In and irabjeet to the provisions ot this act, shall violate, or refuse or negleet to
ohpy or perform (^) any lawful order or requirement of the Commission
created by ihis act, not founded upon a (ontroversy requiring a trial by
Jury, as provided by the seventh ameiulment to the Oonstitution of the
United blutet, it shall be lawful for the Oommiision or f) tor any company or person Interested In such order or requirement, to apply In a
summary way, by petition, to the Circuit Court of the United StatM
sitting In equity in the judicial district in which the oommon carrier
complained of has Its principal ofllue, or lu which the violation or
disobedience of suob order or reciuiroincnt shall happen, alleging such
not exceeding two year?, or both. In the discretion of the court.
and the said court shall
" If any such person, or any olHcer or agent of any such corporation violation or disobedience, as the ease may be
have power to hear and determine the matter on such short notice to
or company, shall, by payment of money or other thing of value, sothe common carrier complained of as the court shall deem reasonable;
'icltatlon, or otherwise. Induce any common carrier subject to the procommou carrier, his or its
• vislons of this act. or any of Its olHcers or agents, to dl?orinilnato and tuch notice may be served on such
In such manner as the court shall direct
i^uu^uatly In hi?, Its, or their favor as against any other consignor or oflloers, agents, or servants
proceed to hear and determine the matter speodilj
cousiKiiee in the transportivtlon of protwrty, or shall aid or abet any and said court shall
common carrier In any such unjust discrimination, such person, or as a court of equity, and without the formal pleadings and prooeedlngs
suits in equity, but in such manner as to do
such olllcer or agent of such corporation or company, shall be deemed applicable to ordinary
end such court shall have power, if
Guilty of a misdemeanor, and shall, upon conviction thereof in any justice in the premises ; and to this
court of the United States of competent jurisdiction within the district It think lit, to direct and prosecute in such mode and by such persons
inquiries as the court may think needful to
In which such offense was committed, bo subject to a line of not ex- as it may appoint, all such
ceeding Uve thousand dollars, or imprisonment in the penitentiary enable It to form a Just judgment In the matter of such petition and on
the findings of fact in (3) the report of said Commission
for a term of not exceeding two years, or both, in the discretion of the such hearing
and sueh person, corporation or company shall be prima facie evidence of the matters therein stated and If it be
court, for each offense
such court, on such hearing or on report of any snob
shall also, together with said common carrier, bo liable, Jointly or made to appear to
severally, in an action on the case to be brought by any consignor or person or persons, that the lawful order or requirement of said Comconsignee discriminated against in any court of the United States of mission drawn in question has been violated or disobeyed. It shall be
lawful for such court to issue a writ of i[\junetlon or other proper procompetent Jurisdiction for all damages caused by or resulting there
cess, m.indatory or otherwise, to restrain such common carrier from
from."
farther continuing such violation or disobedience of such order or rehereby
amended
to
said
is
so
as
of
act
Sec. 3. That section twelve
quirement of eaid commission, and enjoining obedience to the same
read as follows
and in ca.se of any disobedience of any such writ of injunction or other
"Sbc. 12. That the Commi8?lon hereby created shall have authority proper process, mandatory or otherwise, it shall be lawful forsnch court
toln<iulre Into the management of the business of all common carriers
to issue writs of attachment, or any other process of said court incident
subject to the provisions of this act, and shall keep itself informed as to or applicable to writs of in,1unctlon or other proper process, mandatorr
the manner and method in which the same is conducted, and shall or otherwise, against such common carrier, and if a corporation, against
have the right to obtain from such common carriers fuU and com- one or more ot the directors, officers, or agents of the same, or against
plete information necessary to enable the Commission to perform the any owner, lessee, trustee, receiver, or other person failing to obey such
duties and carry out the objects for which It was created, and IJie writ of injunction, or other proper process, mandatory or otherwise;
Commission is hnebu authorized and required lo execute and enforce and said court may, If it shall think fit, make an order directing such
the provisions of this act; and, upon the request of the Commission, it common carrier or other person so disobeying such writ of Injunction or
ihall be the duty of any district attorney of the United States to whom other proper process, mandatory or otherwise, to pay such sum of
the Commissio7i may ajiply to institute in the iiroper Court and to pros- money, not exceeding for each carrier or person in default the sum of
tcute under the direction of the AUorney-Qeneral of the United Stales, $500 for every day, after a day to be named In the order, that such carall necessary 2>roceediniis for the enforcement of the provisions of thi» rier or other person shall fail to obey such injunction or other proper
act and for the punishment of all violations thereof; and the costs and process, mandatory or otherwise; and such moneys shall be payable as
expenses of such prosecution shall be paid out of the approwlatUm for the court shall direct, either to the party complaining or into court, to
the expenses of the courts of the United States;0) and for the purposes of abide the ultimate decision of the court, or into the treasury ; and paythis act the Commission shall have power to vequire, by subpccna (2), ment thereof may, without prejudice to any other mode of recovering
the attendance and testimony ot witnesses and the production of all the saTne, be enforced by attachment or order In the nature of a writ ot
books, papers, tariffs, contracts, agreements, and documents relating execution, in like manner as if the same had been recovered by a final
to any matter under Investigation, and in ease of ditobedienee to a decree in personam in such court. When the subject in dispute shall be
subpmna, the Commission, or any party to a proceeding before the of the value of two thousand dollars or more, either party to such proCommission ('), may invoke the aid of any court of the United States In ceeelng before said court may appeal to the Supreme Court of the
requiring the attendance and testimony of witnesses and the produc- United States, under the same regulations now provided by law In retion of books, papers and documents under the provisslons ot this spect of security for such appeal : but such appeal shall not operate to
section.
stay or supersede the order of the court or the execution of any writ or
" And any of the circuit courts ot the United States within the Juris- process thereon; and such court may, in every such matter, order the
fllctlon of wlitoh such Inquiry is carried on may, in case of contumacy
payment of such costs and counsel fees as shall be deemed reasonable.
or refusal to obey a subposna Issued to any common carrier subject to Whenever any such petition shall beflledor presented by the Commissuch
the provisions of this act, or other person, issue an order requiring
sion it shall bo the duty of the district attorney, under the direction of
common carrier or oihor person to appear before said Commission (and the Attorney-General of the United States, to prosecute the same; and
produce books and papers if so ordered) and give evidence touching the the costs and expenses of such prosecution shall be paid out of the apmatter in question ; and any failure to obey such order of the court may propriation for the expenses ot the courts of the United States (<).
" If the matters Involved In any such order or requirement of said
be pimished by such court as a contempt thereof. The claim that any
r
such testimony or evidence may tend to oriminata the person giving
Commission are founded npon a controversy requiring a trial by Jury,
such evidence shall not excuse such witness from testifying but such
as provided by the seventh amendment to the Constitution of the
evidence or testimony shall not be used against such person on the trial
United States, and any such oommon carrier shall violate or refuse or
of any criminal proceeding."
neglect to obey or perform the same, after notice given by said Commission as provided in the fifteenth section of this act, it shall be lawSec. 4. That section 14 of said act is hereby amended so as to read as
ful for any company or person interested In such order or reonirefollows
ment to apply in a summary way by petition to the Circuit Court of
" Sec. 14. That whenever an investigation shall be made by said
the United States sitting as a court of law in the Judicial district In
Commission, It shall be its duty to make a report in writing in respect
which the carrier complained ot has its prlncldal offloc, or In whioh
thereto, which phaU include the llndlnxs of fact upon which the conclurequirement shall hapthe violation or disobedience ot such order or
sions of the Commission are based, together with its recommendation
pen, alleging siich violation or disobedience, as the case may be ; and
as to what reparation, if any, should be made by the common carrier to
for the trial ot
^sald court shall by Its order then flx a time and place
any party or parties who may be found to have been ti^nred ; and snoh
nor more than forty,
jsald cause, which shall not be less than twenty,
flndlDgs fo made shall thereafter, in all judicial proceedings, be deemed
Zdays from the time said order is made, and It shall bo the duty of the
prima fade evidence as to each and every 'fact found.
marshal of the district in which said proceeding Is pending to forth" All reports of Investigations made by the Commission shall be enof said order upon each of the
with serve a copy of said iietition, and
who
shall
be
furnished
the
party
thereof
to
tered of record, and a copy
defendants to file their
defendants, and It shall be the duty of the
common
carrier
that
may
have
been
may have complained, and to any
answers to said petition within ten days after the serrloe ot the same
complained of.
upon them as aforesaid. At the trial the findings ot fact ot said Com" The Commission may provide for the publication of its reports
mission as set forth in its report shaU bo prima facie evidence ot the
and decisions in such form and manner as may be best adapted for
matters therein stated, and It either party shaU demand ajury or
public information and use, and such authorized publications shall bo
shall, by its order, direct the
shall omit to waive a jury the court
{competent evidence of the reports and decisions of the Commission
marshal forthwith to summon a Jury to try the cause; but If aU the
^therein contained. In all courts of the United States, and of the sevthen the court shall try the Issue*
parties shall waive ajury in writing,
States, without any further proof or authentication thereof. The
thereon. If the subject In disieral
in said cause and render its Judgment
Commission may also cause to be printed for early distribution its
pute shall be ot the value of two thousand dollars or more, either
hereby declared to he a misdemeanor, and
shall, upon conviction thereof. In any court of the United States of
competent ,1ni'lsdlctlon within the district In which such oirenso was
committed, bo subject for each olfense to a line of not exoeodhiR live
thousand dollars or Imprisonment In the penitentiary for a term of
guilty of fraud,
which
is
:
;
;
,
;
annual reports."
Bec. 5. That section 16 of said act
follows
(1).
(3).
(>).
'lo
is
hereby amended so as
to
read as
In original Statute these lines In Italics do not occur.
In the original Statute the words " fry subpoena" are omitted.
In the original Statute instead ot the words in italics the words
tluiiend" occur.
"
In the original Statute the words "or perform are omitted.
In the original Statute the words In Italics are omitted and Instead
" in this act named it Shalt be the duly of the Commisthereof the words
sioners and lawful" occur.
(S).
In the original Statute the words "the findings of fact in."
Ia\
In the original Statute after the words "United States" occur
" tor the vurposes of this aei, excepting Us penal prmiision; the eireutt
ali-ayt »n tettion."
eourlt of the United StaUs shall be deemed to be
(1).
<")
—
::
THE CHRONICLR
372
[Vol.
,
XLVm.
may appeal t« the Supreme Court of the United Stat«s under the be construed to prevent railroads from giving free carriage to their own
aame regulations now provided by law in reapect to security for such oflieers and employes, or to prevent the principal ollieers of any railappeal but such appe;il must be taken within twenty days from the road company or companies from exchanging passes or tickets with
other railroad companies for their offloeri and employes, and nothing in
circuit court. If the
I day of the rendition of the Judgment of said
^Judgment of the circuit court shall be in favor cf the party complain this act contained shall in any WAy abridge or alter the remedies now
f party
I
;
Sing, he or they shall be entitled to recover a reasonable counselor
tw fixed by the court, which shall be oollefted us
I attorney's fee, to
part of the costs la the case. For the purposes of this act, excepting
provi-iions, the circuit courts of the Unitad States shall be
I tti i>enai
( deemed to be always in session."
Sec. 6. That seclion 17 of said act is hereby amended so as to read as
follows:
BBC. 17. That the Commlif ion may conduct its proceedings in such
manueraswillbost conduce to the proper dispatch of Ijusiness and to
the ends of jtistlce. A majority of the Commission shall constitute a
quorum for the transaction of business, but no Commissioner shall
participate in any hearing or proceeding in which he has any pecuniary
interest. Said commission may, from time to time, make or ameud
noh general rules or orders as may be requisite for tha order and regulation of proceedings before it, including forms of notiofts and tlie
service thertof, wliich shall conform, as nearly as
may
existing at common law or by statute, but the provisions of this act are
in addition to such remedies Provided, That no iiending litigation shall
in any way be affected by this act."
;
That the circuit and district courta of the United States
have Jurisdiction upon the relation of any jierson or persons,
Arm, or corporation allegiug such violation by a common carrier, of
any of the iirovisions of the act to which this is a supplement and a]i
acts amendatory thereof, as prevents the relator from having interstate tralfio moved by said common carrier at the same rates as are
charged, or upon terms or conditions as favorable as those given by
said common carrier for like traffle uuler similar conditions to any
other shipper, to issue a writ or writs of mandamus against said
/common carrier, commanding such common carrier to move and
Siic. 10.
shall
Jtrausport the
trallic, or to furnish cars or other facilities for transporfor the party applying for the writ, procif/crf that if any question of fact as to the proper compensation to the common carrier for
Ztatim
be, to those in
the service to be enforced liy the writ is raised by the pleadings, the
writ of peremptory mandamus may issue, notwithstandiug such ques-
use In the courts of the United States. Any party may appear b,-forp
aid Commission and be heird in person or by attorney. Every vote
and offlcial act of the Commission shall be entercil of record, and its
proceedings shall be public upon request of cither party interested.
Said Commission shall have an ollioial seal, which shiU be Jtidiiiaily
noticed. Either of the members of tlie Commission may udmiuister
oaths and affirmations aiid sign subiicenaf (<).
Bkc, 7, That seclion 18 of said act
follows
is
hereby amended so as
to
read as
* 8ec.
18. That each Cammission shall receive an annual salary of
thousand Ave hundred dollars, payable in the same manner as
the (2) Judges of the courts of the United States. Tlie Comisis-ion
hall appoint u secretary, who shall receive an annuiil salary
of three thousand flvc- Imndred dollars, payable in like manner. The
Commission shull have an hority to employ and tlx Che compensation of
Buch other employes as it may liud necessary to the proper performance
of lis duties. Until olhei w sepmvided by late, the Commission may hire
even
auitable offleea for its use, and shall ham authority to pmr are all necestarg offl.ee supplies (•"). Witnesses summoned before tlie Co-ninission
hall he paid the same fees and mileage thjt are paid witnesses in the
•ourts of the United States.
All of the expenses of the Commifsion, Including all necessary expenses for transportation iacurred by the Commissioners, or by their
*'
employes under their orders, in making any investigation or vjmn
offleial business (4) in any other places than in the city of \Va6liingt< n,
ahall be allowed and paid on the presentation of iicmlzed vouchers
theief iT approved by the chairman of the C'ommls.slon." (>)
Skc.
That section 21 of said act is liereby amended so as to read as
follows
Sec. 21. That the Commission shall, on or be'ore the tlr.t day of Dein each year, make a report («) which shall be 0) transmitted
to
Congress, and copies of which shall lie distributed as are the other reports transmitted to Congress (>>). Tliis report shall contain sncli information and data collete.l by the Commission as maybe considered of
value In the determination of questions connected with the regulation
of commerce, together with such recomniendatioiie as to additional
legislation relating thereto as the Commission may deem
necessary
<9); and the names and compensation of the persons employed by
.s:iid
cember
Commifsion."
SF.c. 9.
That section 22 of said act
is
hereby amended so as to read as
fol.ows
upon such terms as to security, payment
into the court, or otherwi.re, as the court may think proper,
tion of fact is undetermined,
of
[
money
pendins the determination of the question of fact; proKided, That
the remedy hereby given by writ of mandamus shall be cumulative,
and shall not be held to exclude or interfere with other remedies providcd by this act or the act to which it is a supplement.
Alliance
J., lias
& Lake Erie.—James
a
brovtglit
suit in the
&
L. Dawes, of Englewood. N.
United States Circuit Court in
Lake Erie Railroad Company and
Ohio against the Alliance
others to foreclose a mortgage on the road. Mr. Dawes savs
that the Alliance & Lake Erie Railroad on October 1. 1880, executed a mortgage on its line to Henry B. Payne, as trustee,
for the purpose of securing the payment of 150 bonds of §1,000
each. Senator Payne resigned as trustee on Dec. 99, 1888, and
Mr. Dawes succeeded liini. It is claimed that the interest on
the bonds has not been jiaid.
New Torlf Stnclt Fxolianee.— New Securities Listed.
The Governing Committee of the Stock Exchange liavc added
the following
St. Paul Minneapolis
Omaha Railway
.?315,000 additional consolidated mortgage six per cent bonds,
making the total amount listed $13,067,000.
Paducah Railway—$1,000,000 first
Chicago St. Louis
mortgage five per cent gold bonds.
Mobile
Ohio Railroad .S314..500 additional general mortgage four per cent l)onds, making tlie total ;imount listed
$7,399,000, and reducing the first debentures to .?366,300, and
to the
list
:
—
&
Chicago
&
I
—
&
The Committee on Stock List
was empowered to add to the list §753,500 additional general
mortgage four per cent bonds from time to time when tiiev
shall receive official notice from the Farmers' Loan & Trust
Company that the bonds liave been issued and deHvered.
reducing first and second debentures on tlie list correspondsecond debentures to §383,200.
ingly.
Northern Pacific Railroad (Central Wasliington Railroad)—$830,000 first mortgage six per cent gold bonds.
Ohio & Mississippi Railroad— §408,000 additional fiivt
mortgage general five per cent bonds, making the total amount
listed §3.624,000.
SEC. 22. That nothing in this act shall i>recent(iO) tlie carriage,
storage or hanllng of property free or at reduced rate,* for the United
Btates. State or municipal governments, or f r chaiitaljle
purposes, or
to or from fails and cxiiositious tor exhlDl ion thereat, or (Ae
free car
riage of deslilute and homele.tj persons transported by charitable
sorie
ties, and the necessary agents employed in Such
irunsporlationin), or the
Issuance of mileage, excursion or commutation imssenger ticket.?;
nothing in i his act shallhoconstruei to pr.itibit any common
carrier from
giving reduced rates to ministers of ivligion or to municipal
governmenis for the transportation of indigent persons, o/- to inma'es
of the
Salional Homes or Sate Homes for Disabled Volunteer Soldiers,
and
Soldiern
of
aiul SaUora' Orphm Homes, including 'hose
about lo enter
and those returning .home after discharge, under arrangements
with
the boards of managers of e%id homes (12) ; nothing iu this
act sha U
•'
Pennsylvania.— Tlie Pennsylvania Railroad Company lias
purchased 3,660 feet of Greenville shore front along NewYork
Bay and a large section of contiguous property for the purixwe
of building wharves along the water front. Legislative action
only is awaited to enable the company to carry out its plivn.
The whaves will extend from the Point Breeze Perry Compftnv.
at Pamraixi, to the bulkhead of the Morris & Cumiiiinjjs
Dredging Company, half a mile furtlier toward New York.
A prominent official of the Pennsylvania Railroad said at
Philadelphia, when questioned regarding the purchase of prO))on the shore front of New York Bav '• It is true that we
have bought a large area of shore front in New Y'ork Bay, ami
we now have nearly all tlie property we need. Our business is
erty
increasing so rapidly that we must havegi-eater terminal facilivarious points. The purchase will enable us to build a
fine terminus.
have not cut out the Lehigh Valley.
bought the property for ourselves, of course but our relations
with the Lehigh Valley are very friendly. They use our terminal facilities now. and when the new terminal is built, they
wiU probably use it on the same terms as at present."
ties at
(1). In original Statute Ihe words ' and sign subpmnat"
are omitted
C-i). In the original Statute, after '• iht"
and before the word • J""Bes.
iudaes"
the words saturies of" are omitted.
C). In the original statute, instead of the words in italics
the follow
ng oee^ir: subitct to ,lu approval of the Secretary oriheln^w^'
r«
Commiss.on shall
b-
furnished by
the
Srenliriofihelntuinr
'
with saiiuble offices and all necessary
office supplier:0). In the ortginal Statute, the words " oruponulfiAal
business"
"-
wiriu'ni^«ril^,»>,s,^^:>1;,fi,r;U''^.""^^
"
2-.^*ii?„.:'?,:^'?."i
^?^;, e"^;,-
«'«
-"-^
' ?^,iiiTu:i^TA!'s^Ts^'is\^:^'"^''''
'"'*"*'=
-l.pllJV^'S^i^^r'!'"''
T
"1^'°*! '""^"'^
'""-" "f
"""''=
nl\'
l!" the
("2,, Iu
origmal Statute these
"
*•
"Po-V the
"" »"<>
»-«
words "
'»«='«'"
to
'"« -->'
»"« -O'^ ">»•—'.•• the woni,
"•"l^
words
'" 'tulles are omitted.
in italics are omiited.
:
We
We
;
Port Jerris Monticello & New York.- TIio siut brought
by this company against the New York Lake Erie & Western,
to compel the latter to furnish the former terminal facilities at
Port Jervis without charge, and for §14,000 damages for refusing to do so, was decided this week in favor of the Erie. Tlie
claim made by tlie Monticello Company, that before the construction of that road an agi-eement was made between its
officere and those of the Erie Company that the new company
might use tracks and other facilities of the latter at Port Jervis without any charge, was not supported.
Wells. Fargo & Co.— On and after Friday, March 15. the
Wells-Fargo Express Company will assume control and operate
the express business over the Pittsburg & Western Railw
and leased lines, wliich means that the Pittsburg <& Wesfe*
Express has been bought out by the Wells. Fargo Comjjany.
,
,
.
lliBCU
16,
U89
6
.
THE CHRONICLE.
1
JJhe Olommcrcial
»73
COTTON.
';l^*ime9.
Friday, P. M., March 15, 18».
as indicated bv our telogranM
from the South to-night, is given below. For the week ending
this evening tlii! total receipts have reached 80,026 baka,
against 81,6iJ8 bales last week, and 96,593 bala<] the previona
week; making the total receipts since the 1st of Sept., 1888,
The Movement of the Crop,
COMMERCIAL EPITOME.
Fkiday Niout, March 15. 1889.
The froublrs of the copper syndicate, and the semi-panic
which they caused in Paris, bad a d. pressing influence in 5,090,991 bales, against 5,023,301 bales for the same period o(
1887-8, showing an increase since Sept. 1, 1888, of 68,730 bales.
^pecu'ati^e circles at this market early in the week under
Tuet.
Wed Thurt. Fri.
Jfon.
ToUlL
review, and most of the leading staples of awriculture have
Sat.
RreHptt al—
declined in value, the fail iu wheat being quite notable, but Qnlveaton
290
730
496 1,759 1,427 1,353
6,060
due in part to improved crop prospects. The weather has
278
273
Eiraso, Ao...
been seasonable, and some progress has been made in re Now Orleans... 5,817 8,857 6,499 2,069 6,624 1,032 25,808
openi. u inland navigation in the Northwestern sections of the
Uoion. A - trike of several thousand weavers employed in the
cotton mil's at Fall Kiver is the chief incident affecting labor.
Lard on the spot has been dull at drooping prices, closing
luietat 6-^Oc. for prime city, 7-27}>^@7-32i^c. for prime to
choice Western an I 7'40(a7-50c. for reflued for the Continent.
The speculat'oa in futures was moderately active, but at
iprices showing coisideruble fluctuatiois, not onlyfrom one
iday to aiother, but in th" courre of one day, showing yesterday and
to- day
some
decline, closing
iMny
(iHlivury
7-22
730
o 7 29
7-.!2
o. 7'ii9
72i
725
7-30
7-:U
7-30
7-38
7-40
7-40
o.
7 29
Junertelivery
o. 7-'l
rteliver.
o. 7-32
delivery
c. 7'34
Wept, dell very. ...o. 7'3tf
7-^6
7-2S
7-30
July
lAiik'.
7-38
7-36
7-37
7-39
7-41
7-43
7-45
and
733
7-33
7-34
7-36
7-38
7-40
7-42
7-28
7-28
7-29
7-31
7-34
7-3i>
7-38
9J^@10c.; smoked shoulders,
Be-f is nominal at $7 for
extra mei^s and f9 50a$10 for picket per bbl.; India mess
steady at i|14'aiJ16 per tierce. Beef hams are fairly active at
fl3@$'3 L'5 ptr bbl. Tallow is lower, but closes active at
4%'^4J^c. S earine 7J^(;. and oleomargHrii e 6?4@7o. Butter
|6)^@6J^c. and lams,
hareis,
10'!^@llc.
dull at 19® !9c. for creamery Hnd 14@22c. for Western factory (new). Cheese is stea'ly at 10@ 12i,^c. for State factory.
is
Coffee on the spot was active at full prices, but has latterly
-ihown a downward t»ndency.
Yesterday large lines of
Java were
sold at 21 i^ca 22c.,
and to-day
642
44
341
Bavannali
Brunaw'k, &o.
1,352
1,057
1,572
319
728
Cliarleaton
1.058
576
749
318
222
71
80
113
36
291
359
3
950
804
823
843
511
585
1,726
393
357
1,033
1,901
311
734
6,906
330
542
543
338
600
475
496
268
805
722
2,031
362
115
366
1
460
795
257
74
3,»69
6,052
6,P0«
3,234
3,140
11,000 bags Puerto
441
3,073
785
5.813
8,521
2,933
8,.'i21
Port Royal.&o
Wilmington
Wasb'gtoD,<&o
Norfolk
West
Point...
N'wp'tN'8,&c.
Boston
Baltimore
Pork, early in the week, whs fairly active at improving
prices, but latterly has been dull at drooping pric-^s, closing
quiet at $13 25@$12 50 for extia prime, |13 75(a$13 iiS for old
and new mess and $14>a#l6 35 for clear lack. Cutmeats are
quieter, but about s eady. Quottd: Pickled bellies, 6)^@8)^c.;
ishouldeis, oj^ ixb^^c,
799
Florida
New York
unsettled.
Kond'y Tiiad'y. Wednnrt'y. Thurtd'y. Fndav
8aluril'i4.
Marrh dnllverv
jAprlldellv-ry
weak and
OP LARD FtTrCRBS.
DAILY 0LU8INO PRICKS
806
Mobile
PliiladelpU'a,&c
Totals this week 14,130 10,725 14,!503
3
257
2,949
6,024 12,958 21,686
80,026
For comparison we give the following table showing the week's
total receipts, the total since September 1, 1888, and the stock
to-niglit, compared with last year.
Sincr
TMii
Week.
Mar. 15.
Galveston
El Paso,&c.
. .
Now Orleans.
Mobile
Florida
Savannah.
..
&c.
Charleston ..
P. Royal,&c
Wilmington
Wa8h'tn,&c
Norfolk
Bi'uns.,
.
West Point.
NwptN.,&c
New
York.
Boston
1887-88.
1888-89.
Reeeipta to
..
1,
St^p,
1888.
624,275
18,785
6,060
278'
25,898 1,567,969
3,073 201,825
22,907
5,813 779,448
135,454
8,521
2,923 358,844
13,814
950 147,848
3
4,347
3,969 461,281
6,052 374,622
6,906 117,211
3.234
88,749
72,120
3,140
257
60,214
2,949
41,278
TliU
Wetk.
1,
6,081
ftek.
1889.
1887.
1888.
631,684
18,121
16.734
19,685 1,589,212
813 199,193
5
23,174
3j287 819,747
446
69,811
1,991
388,934
513
14,582
368 165,835
8
4,896
2,781 436.840
3,715 375,354
2,183 100,140
74,387
1,434
67,255
717
37,263
2,771
535
23,954
257.591
15,083
271,880
26,628
54.147
34,059
19.936
21,007
4,444
5,400
23,904
32,623
22,767
231,692
10,000
13.150
14,895
300,343
16.500
20,741
19,970
423
1,665
on private terms, with Rio quoted at 19c. for Baltimore. ..
fair cargo grad'^s.
Rio options made some further ad- Phll'del'a, &c
vance, but yesterday and to-day declined pretty sharply un80,0265,090,991 47,333 5,022,261 685,730 767.978
Totals
der increased offerings, but closed about steady with sellers
In order that comparison may be made with other years, we
is ful'ows:
give below the totals at leading ports for six seasons
Cabello, etc
,
:
March
16 90e
April
1«
May
Jnne
July
8'^o.
16- Oc.
l«-95o.
17-050.
17-.Oo.
I
|
AiiKiint
—a decline of 20.a80 p
|
I
September.. ..17-2oc.
October
17-30u,
November
17'30o.
lUceiptt al-
Galv'ston,&c
New Orleans
Mobile
week.
Raw sugars bave further advanced, with a brisk business,
due to re. or s manly of a decreased yield in Cuba. The Savannah. ..
Charr8t'n,&c
.sales to da. em' raced English I^laniis,89-deirees test,5 3-16c.,
Wllm'gt'n,4c
and two cargoes centrifugal, 96-degree8 test, 3 9-16c. c. and f.
Norfolk
and 5 15-Hio. Hit. Ratiaed sugars are advanc d to Wj-^c. for W't Point, &.C
ints for the
«tandard crushed, and 7J/^c. Jor graciulated.
Molasses is
firmer at 23!^c. for SH-degiees test, but closes qu'et. The
offering at the sea sale on Wednesday
prices were easer, except in greens.
was a
large one, and
All others
Totn this week
Since Sept.
1.
1889.
1888.
6,338
25,898
3,073
5,813
2,923
1886.
1887.
6,081
19,685
813
3,287
2,504
3,729
29,170
1,782
3,677
3,225
1885.
4,404
17,308
2,182
8.758
5,400
1,860
15,990
840
2,514
1,299
1884.
4,141
10,432
1,793
4,464
4,373
953
376
799
815
240
648
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
7,664
2,527
e.694
80,026
47,333
57,716
57,743
32,885
42,635
.5090.991 5022,261 4959,674 4727,174 4522,366 4528.589
The exports for the week ending this evening reach a total
Kentucky tot>ai;co has been more active, the rates for the
of 119,613 bales, of which 79,183 were to Great Britain, 746
week aggregating 400 hhds., about half for export, at steady to France, and 39,685 to the rest of the Continent. Below are
prices.
Se. d leaf also in good demand, and sales are 1,200 the exports for the week, and since Sept. 1, 1888.
cases, as follows: 450 cases 1687 crop, Wisconsin Havana,
from Sept. 1. 1888, to Mar. IS, I8t»
Wuk Ending Mar. 15,
%@llc.;
500 ca<fs 18^3, 1885, 1886, 1887 crops, Pennsylvania,
5@I.5c.; 100 cases 1887 crop.
and
$1
New England Havana, 14® 30c.,
150 cases sundries, 5(a30c.
;
also 450 bales
Havana, 68@
and 300 bal s Sumatra, |1 25(g3 00.
the MetHl Exchange there has been less dning in copper,
the cluse is somewhat irregu ar and nearly nominal. G.
10,
On
and
M. B. sold to-diy
March. Tin is dull, but closes
steadier at 2 -400. for Straits on the spot and 21 80c. for June.
Domestic lead his receded to 3'75c. but clojes firm. The inat;
14c. for
1
gnat
Initio—
Mobile
^aTallaah ....
Brunswick
Charleston
Wilmlng'on.
Norfolk
80.233
14.166
44.401
2,9J<
2,987
(S.4n>
1»».1(>9
8Vii,llia
8,621
8691
38.107
B,3I>2
SH.06I
1,100
1,100
M.133 9&,740
78.0(1.'
146.b01
Sif.KW
684
S,8TH
aos.eiM)
43.99.'
198.260
ujai
81.618
840.674
100.747
247.678
140,681
4,466
38.199
65.716
esi
4.«<^S
Wool
Total 1887.8«.. 86 888
in better
demand and
firm.
Baltimore...
Plillaaelp'a.ftc
ToUl
804.310
204.164 81.076
699.H43 1RIS.61S
60.4gf
Nwpt
Boston
ntat.
81.0
Britain. **•<•«"
very flat.
Refined petnleura for export has declined twice this week
and closes at 7.-. Spirits turpentine further advanced, closing
with sales to-day at 53J^c. o w ng to scarcity. Rosins advanced,
with good strained selling to-day at f 1 223^. Hops are dull.
York..
to-^
Continent.
3.931
.
New
Great
Wuk.
'Vanw nf^,
—
Nwfl. Ac.
Total
^.OiO
8.878
m irkets are
Conti-
1.941
Brit'n.
Galreston. ..
N«w Orleans.
West Point.
terior irun
Bxporua
Exported to—
Exporti
S3.8;3
8.148
6.S.W
B,0'J2
1,491
926
8S0
T9.IS:i
H.I4t)
0,628
1.7'
ei.7Ift
4W.«a» 44,449
I6e,4«7
106.09<
30.IHt>
848,MIU ..180.«1S
60,498
800
197.»t6
8,l]6
86.B7V
U.IHB
736
OM
1B0.64S
148.471
4K,<t3
740 SU.e85 119.61S 4J»9.704 S41,47S L.139.031 8.770,207
"8.8S4
81.469
611.601 <1ltlI.47S
a8«jiy i,07».999ia,«ai^»>
2
»
«
:
,
THE CHRONICLE.
3T4
S.In addition to above erporte, our telegrams to-night also give
•us the following amovint« of cotton on shipboard, not cleared,
at the ports named. We add similar figures for New York,
which are prepared for oiir special use by Messrs. Carey, Yale &
Lambert, S& Eleaver Street.
On Shipboard,
AT^
Jfor. 15,
The
and Prices of Futures
SaIjES
OS 5
''2-
00
C
md
^5*
OD
O
D
cc
CD
Qc ra CD
Great
Other
m,„«»^
i
7,887
None.
None.
None.
None.
9,500
7,800
8,000
Mobile
Cliarleston ....
Bavannah
Galveston
Korfolk
New York
Other ports
'
'
:
'
1
1
Coastwite.
11,504
None.
None.
None.
None.
None.
1,400
None.
15,934
None.
9,000
8,500
None.
None.
10,050
1,000
12,904
44,484
-
5,000
None.
None.
37,072
None.
10,000
11,300
8,363
14,500
19,250
9,000
220,519
15,083
9,936
42.847
9,758
9.404
212,442
66,256
18,910
109,485
576,245
1,747
None.
1,000
2,800
8,363
m
an
WW
a
40,160
57,754
19,408
38,553
7,078
9,773
'
9
CmQDbj*
t^MWHl !t MPs'
OOco ••'9|5'
tccc
!J
*<
<Iot>
life!
Op.
•
«»
thousand weavers employed in the cotton
much effect, but the port rewere pretty full down to the close of Tuesday. On
—
—
UPLANDS.
Ordinary
Strict Ordinary
Good Ordinary
Strict Goo<l Ordinary
Low Middling
Strict Low Middling
Middling
Good Middling
Sat.
¥
7',6
7''8
7''n
Bl"!.
8l»,„
?-r
712
71^18
ai-'id
813„
9H
9%
«M
0%
914
y>\
»>4
9^1(1
10
s)
:
'
10
9lJ,,
10
10
101,6
lOSje IOI4
10%
Sat.
]
!
,
|
711,,
8i6
9ii8
9»2
10
1
Wed Tb
nion Toea
^Vo.\ 7iiie
8J6
9h8
9>3
10
10>4 10k
107,8 lO^e
711,61
8l8
8^8
9l,«
9>a
9%
10
10
IOI4
lOU
9»I6
I
STAINED.
Sat.
^
io',« lOli!
nioniTaeB
lb.
16,1
7l«i»
Strict
7lt„
LowMiddUng
8%
S's
Middling
91I18I
9"l6
MARKET AND
10',
8'8
911,6
8%
6p©t5 toi'^o
MM
00
a6
COM
©6
01©
Sat. -Steady
2,340
Steady
....
Mon
.
Tne^.
Qiiic-t
Wed.Steiuly
1
700
Tlinr.|Qnietati,B adv
Fri...
I
Easy
Total
Tbe daily
I
'
3.040
2,822i
rtfc
2
"
©o
WW
2
"^
1
-
s)
:
66
MW
E»
66
2
'^
2
if».c;<
I
I
I**-
"I
I
I
'fc.
MMtOM
COOO
Mli*M
XO
00
CD
00
KM
©-a
5
2
"
rfa^
MM
o© ^
00
l<
SKI
2
©000
OOP© MMOM
"QOM
©00© OOP©
OM o (ifi*M
M©_00 Olv M
M_
MM b. mm"
MM t^ '>--f
o© !J ©o IJ o©
00 ^
bibi
2 liti 2 MM 2 eoto 2
0505
05 05
eo< "
l*^rf»-
>.""
5
M^
"te-
1;
"^
9f^
-'
s\«:
MM|t,-M
2
"
tobo
OOCO
.
S
6\'»;
MMOMOOP© MM©M oopo MM©M
000© 000©
a'
8
1
«•
I
tOW^M
-1©
00
1;
COM
MtS
2
"1
<l
MM
CO
WW
WKl
tf
5
2
"
o©
WW
*»-M
I5
-10
00
00
5^
cjcjO^ii
©© > MM
??
WW
<JtOM^ OIOIM^
h..
2
^
i<
t&
MMCiM M MOIM MMltkM MMWM MM©M
OOOO cop© ©000 ©000 OOOO
•grs 0000
cicc^cc cici^ti wci©ci wcoOw «W*« o;,i.®w
tOW_02
w
CCX © 05M ^
If-O'
>
to©
©©
WW
QD
»w
£m
§ "S
1
ts
toto©ts
<0(0^C0
1
315:
8
10
MtO
c;»to
»o_
©©
<j
e'
CO©
..
CO©
^
5
2
coco
CO©
2
"^
CJIOT
:
I
coco
OOOO
CD
en
«
:
Moa
©CO©
cocopto
eop'-'co
,
ao o
>
2
w
©
© p© ©©p© ©
M
W
Si
5
2
*»
rf^to
si:
.
8=?
u
©
to
coco
5
©
s
:
9ie
9»i«
101,8
105,8
ID'S
e©p©
"
i
©
If
I
©
«
w
CD©S©
:
66
^
I
=?i
7>4~
'^
M
co©oe
u<
Frt.
2
WW
toto^to
coco
^M
15
to©
-j-j
jjO
81
2
to
I
^
©ffl
©©
I
©
totscts
t6tD®tD
®
2
"
©4*ei
©u w
w
I
©00
CO©
I
©o
UIW
«
I
w
COCOpt?
©60©
S
:
coeo©
II
^
!?
-1
I
6
I
00
!f
'
6'
:
1
®^'
©
.
*
!
I
5
CO©
<i^
2
^
*-to
WW
I
«
:
W
>
<
816,8
I
I
<
I
<;
"
w
Frl
738
8
9%
coco
1
©*'
s"-
1
1
to
1
©
I
I
I
I
CTW
>
<
1
e
W
:
00
tk
>
!»•
<i
I
6:
S
I
5
9%
I
© p©
cotooto
-5»j©«j
ffiW
CO©
ft
w
1
1
<
a
1
1
1
«:
1
©:
1
l:
1
:
:
1
<
1
1
»:
1
|i
:
1
Total.
\
Sales.
\
108
198
!<
'S%
_MW ^©^
©O ^ MM
I
10%
OF SPOT AND TRANSIT.
893
345
445
296
376
467
61
SALES.
Oon- Spectump. ut'l'n
port,
1
©ODM'^
2 SS
lOi*
total sales and future deliveries each day during the
are indicated in the following statement. For the convenience of the reader we also add a column which shows at a
glance how the market closed on same days.
8AI.K.S
2
^
:
toc;»
The
Ex-
>.
5^
©© t>"MM
-51
week
SPOT MARKET
CLOSED.
•
eiO*to
"mm
11
1114
11>4
Jil'lB 1111,8
125,e 126,8
Wed Tb.
91I1C
S-S.~
>.
11
7«,6
7li,B
76,8
5
2
"^
©to
MOD
I
83ia
913
101*]6 1016, p 10ii,e 1016,,
lis,. 11^18 113,8 113,8
11% 11»8 1168 IIBS
1214
I214
12>4
1214
Fair....;
7%
MM
©o
88
•<
10l6i6 1016,. 10161S 1016]f 11
11
11% 113r 113r lift ll''l6 11^16
12
12
12
12
12l!J 12he
GULF.
2
"^
7HJ
9i4,g
101,
t'oosr
ooo-
:
8V" 8%
9\
10S,e 103, „
Middling Fair
Fair
Good Ordinary
Good Ordinary
Th. Fri.
7'i„
'10iii«10U,f \^.\l lOII,,
sflddling
Ordinary
StiA(l Ordinary
Gooff Ordinary... ^^
Strict Godd OrdlnOTy
Low Middling
Strict Low Mlddilng
Middling
Good Middling
BtilctGood Middling
Middling Fair
Wed
inoD|Tne»
71.6
7'8
lb.
oS-
f o®
K
I
more decided decline,
market showed a reduc-
—
©to
2
.»
cio
©c:
©!'':
«:
&)?=:
e-i":
MMC5M MMc;iM
MCOM
"•MtffcM
OOOO OOpO
000©
OOP©
=
66 6 6©'-'6 iS82
oo'-'o
to
o
MM > MM E^ MM ^ MM ^
o©
©O 5 ©O 5^
5 ©^
MM 2 MM
MO 2 MM
2 1J.M 2
M© 2 MM
UiO "
=^^^:
Ki»:
e>,®:
si*:
MMXh- MM-qM MMUiM MMWM MMUIM
oooo 0000 ©©O© ©©00 ©©00 OOOO
mm'^m MM*M P,J.©^ MM©M ^^lO^
MCO M
WKI_0
10
©05
*-© -J
mills at Fall River did liot have
6,060 bales, iocluding 3,040 for export, 2,823 for consumption,
in transit.
198 for speculation, and
Of the above
bales
were to arrive. The following are the official quotations for
each day of the past week Mar. 9 to Mar. 15.
a
s
6)
®
Mif.
MM03
MM<JM
s§ toooe
OOOtD ©OptO tD©p© ©©O© MMCOM
occo
strike of several
under which the lowest prices of this
tion of 7@9 points from the highest figures of the previous
Saturday. After the last call there was a small advance on the
small receipts at the ports and the rapid reduction of stocks at
On Thursday better receipts at the ports
interior towns.
neutralized a stronger report from Liverpool, and the close was
very dull. To-day was a repetition of yesterday's market.with
business almost at a standstill. Cotton on the spot opened fairly
active for export and home consumption, but relapsed into
dulness. At somewhat easier prices, but no quotable decline,
there was again on Wednesday a good export business. Yesterday •* nominal advance of l-16c. was quoted. To-day the
market was duU and weak at 10)?^c. for middling uplands.
The total sales for forward delivery for the week are 229,500
For immediate delivery the total sales foot up this week
bales.
5
P SIM?
^ o» 5
ceto
1
Wednesday Liverpool reported a
E gs
M
'g;
f
'rl <
H to 1(^5
*
695,516
533,043
72,462
121,741
5,816
15,661
SB.
»
-
DC
a.
00 5
6© 2
reduced stocks at interior towns; but the semi-panic in Paris> M Cw
p\ ©U
Si-":
arising out of the troubles of the copper syndicate, caused a
MM$M
OOO©
the
withdrawal
of
buying
A
leading
to
orders.
8r§
decline by
i6
6
eccn
M
Good
P
O)- <^
•
HCOtOx
The speculation in cotton for future delivery at this market
opened the week with some show of strength, based mainly on
the relatively small visible supply of American cotton and the
Btriot
D
'^
si
5:
I
c
c^a?
Q.S-60
Stock.
Toia.
CO"-
33,187
Total 1888
Total 1887
mil
I
-
Leaeinp
New Orleans...
Total 1889
are shown by the follow-
ing comprehensive table:
not cleared—for
Britain. \^<""^- Foreign
ZLYIU.
[Vol.
Vliverit$.
3,431 46,100
3451 43,000
445 45,300
996' 46,000
3761 28,300
467 20,800
6,060i229,,5OO
deliverioR given alove arc actually
|(rcv:oU8 to thaS on wlicn tbcy aie reported.
deUrcred the day
I
:
1
li
1
Includes sales in September, 1888, for September, 165,300; Septem
bcr-October, for October, 394,100; Septeiuber-Novembcr, for November, 585,500 Septcmber-Dcceiuber, for December, 980,400 September.Tiuiiiary, for January, 1,650,5(A); September-February, for February,
881,300.
*
;
;
Transferable Orders— Saturday, lO'OSc: Monday, 10-05o.; Tuesday
Wednesday, 10-05c.; Thursday, lO-OOc; Friday, 10-OOc.
10-OOc.;
The following exchanges have been made during the week:
to exch. 500 Mar. for June.
to e.xch. 3,100 Apr. for May.
to excb. 1 .100 Sept. for Aug.
to e.\ch. .'500 Sept. for Apr.
11 pd. to exch. 600 Sept, for Apr.
Even 100 Mar., s. n., 14tb for regu-
•23 pd.
08 pd.
40 pd.
12 pd.
lar.
08
05
22
to exch. 100 May for June.
pd. to exch. 5(K) Mnr. for Apr.
1(1. to exch. 21K) May lor Aug.
ih1.
30 pd. to exch. 100 Apr. for Aug.
16 pd.toexeh. 100 Apr. for June.
20 pd. to exch. tiOO Oct. for Sept.
36 i)d. to exch. 600 Mar. for Aug.
30 pd. to exch. 2f)0 Apr. for Aug.
15 pd. to exch. 200 May for July.
20 pd. to exch. 100 Mar. for June.
OK p<i. to exch. 500 April for May.
07 pd. to p-ch. 300 .Fi-no for Julr
\
:
;
March
:
.
THE CHRONICLE.
16, It 89.]
376
The above totals show that the old interior aUtckn havci
as made up by cable
The Continentnl Htocka, a-s well as decreased during tho week 30.175 bales, and are to-night 68,186
those for Urt'ut Uritiiiii and tho iiHoat are this) week's n'tiirns, Iwiles less than at the same ueriod last year. The receipts at
and oouseciiieiitly all the Eurojiean liKiires are brought down tlu? same t'>wns have been 9,410 bales more than the sama
But to make the totals the comnlote wt'ek last year, and since .Sept. 1 the receipts at all the towns
k) ThurMdiiv eveniuKare 70.977 bales more than for the same time in 1887-88.
tigiires for to-night (Mar. 15). we .idd the itom of exiiorts from
The Visiblk Supply of Cotton to-nljjht,
and
telej^rapli, is as follows.
the United States, including in
the exports of I'Vulay only.
it
1H89.
1888.
18R7.
7,'i9,000
o:):t,ooo
....... ....
7.000
895,000
33,000
Total (Jre.1t Britain Btook.
t.>ik nt IIumlHUK
lorkiitliremeu.
a AinstcnlMU..
708.000
2.200
25,900
BoloOO
918.000
4,000
4.\400
21.000
943,000
2.800
400
4(MI
l.ViW
135,000
4.000
55.000
7,000
9,000
177,000
3,000
61,000
4,000
10,000
Slock ivl, UvfTOOol
sfr^k at I^u.lon.
i(
bales.
Itottcnliiin
A twVr.
-i.HMi ;,tlliivrp
^lo<k i,t, Miii-scllios
-tockatHaroeloim....
>tofk at tXMioa
-tock at Trieste
259.700
Total Contlneu tai Ht«ok8
12^
17.()(«)
«91,00<)
3.).tiOO
4.«^KX
11,^)(M)
27.00<)
28.(KK)
300
900
HOO
700
326.500
lS8ti.
ti77,0(io
Quotations for MrooLiNa Cotton at Other Marketb.—
In the biblo below we give the closijig quotations of middling
cotton at .Southern and other principal cotton markets for each
day of the jiast week
Jfor. 15.
1.50O
257,000
4,000
M.^OOO
!51,000
83,()(M.
.^OOO
12,000
11,000
4.000
t>,O0O
324 .300
395.600
Total visible supply
2l6()8,575 2,801,511 2,881,873 2,948.614
Of the above, the totals of Amcricau aud otherdescriptious arc as follows
Atnerican
Liverpool stock
bales
585,000 705,000 740,000 492,000
178.000 200.000 290,000 246,000
Continental stocks
133,000
American ullortt for Europe... 368,000 286,000 468,0(M)
United States stock
685,730 767,978 6.54,784 906,152
367.596
177,214
United States interior stocks..
198,304 264,492
6,560
14,541
6,2/5
United States export* to-day.
35,841
—
174,000
7,000
81,700
260,000
35,000
Continental stocks
India afloat for Europe
Egypt, Brazil, &c., afloat
Total East India,
Total American
&c
190.000
23,000
126,!>00
185,000
42,000
193,000
12,000
105,600
185,000
185,000
.50,000
24,000
17,(MM)
7S,:i(M)
iy3,0(J0
I
545,600
1^" The imports
PhUadelphia
Augusta
Memphis...
.
.
Louisville.
into Continental porta
tliis
week have been
The above
figures indicate a deo-ease in the cotton in eight
to-night of 19.'j,936 bales as compared with the same date of
1888, a decream of 373,298 bales as compared with the corres00mponding date of 1887 and a decrease of 340,039 bales
paied with 1886.
m
—
At the Interior Towns the movement that is the receipts
for the week, and since Sept. 1, the shipments tor the week.
and the stocks to-night, and the same items for the corresponding period of 1887-88 is set out in detaij in the following
statement.
—
10'4®3(
10'i«
1038
10
.
9'«
9'8
»"8
9''8
lOlfl
lOig
9'8
B«8
10>e
978
X0i,«
10%
10%
10
10
10
978
O'S
978
9's
Fri.
97b'
9%
I0'4a%
9'a
9^8
Thw$.
9^9
10»,g
9''8
io>«
»'«
10
10
10'4»39
10l|8
1039
loss's
lOH
10%
10
978
9'h
978
9^8
979
979
97g
978
97b
979
10
10
—
Receipts from the Plantations. The following table indicates the actual movement each week from the plantationaThe fi^re.s do not include overland receipts nor Southern consumption; they are simply a statement of the weekly move"
meut from the plantations of that part of the crop which finally reaches the market through the outports.
WUk
Bectivti
Feb. 8
'•
IS
••
82
108.25;
Mar. 1
79,95!
j
811. B8!
05.0 1:1
»..
15
.
....
M tht ParU.
SVk at
1*8.
1887.
72.953
57.718
ISST.
Interior Tovnu.
'
1889.
1888.
Rk'vU from /tanfM.
1887.
99.5S3|ly6.317i338,768i368,663i:<)a.521 104,443
"I
84.137 135,B70jt21.3e« 380.'141 320,287
e».024i 98.850'30I,19« 350.S14 397.515
eS.S'iS; 96.693 2B5.981 32t,598 •J70.072
r3.4l)9: 81.838j«38.(.62 302,908 24II.002J
47,33S' 80.026ia00.9l4 384.870 eis.arol
7.5,150
74.816
44.743
43.924
2i.b«8
1888.
1889,
89,690 101,829
75.915 110.438
69.197 78.808
89,5SS 70.0M
61.389 56,688
2n.fl»5 49.as4
—
The above statement shows: 1. Tliat the total receipts from
the plantations since September ], 1888, are .'5,290,880 bales: in
1887-88 were .5,283,301 bales; in 1886-87 were 5,112,428 bales.
2.
That, although the receipts at the outports the past week
were 80,036 bales, the actual movement from plantations was
only 49,294 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 39,695 bales and for 1887 they were
21.668 bales.
—
m
^Vmoont of Cotton
Sight Mar. 15.— In the table below
give die receipts from plantations in another form, and add
to tliem the net overland movement to Mar. 1 and also the
takings by Southern spinners to the same date, so aa to give
we
,
substantially the
amount of cotton
now
1888-89.
1
Receipts at tho ports to Mar. 15
Int«nor stocks ou Mar. 15 lu
excess of September 1
O
Wednet.
10
10>4®3b
10
9'8
9'8
9^8
9'8
Tiiei.
9^8
10
10%
Louis...
Cincinnati
••
80,000 bales.
.
St.
•'
Total visible supply
2,608,575 2,804,511 2,881,873 2,048,614
5d
538d.
5%d.
SU.fd.
Price Mid. Upl., Uvorpool....
914c
lOo.
10>8C.
Price Mid. Upl., New York....
10"ic.
979
10
10a„
Baltimore.
497,300
.566,500
10»fl
10'4»38
Uoston
2,050,875 2.238,011 2,336,273 2,451,314
.557,700
913,6
9»ie
103,«
O's
O's
9'l«
IO'b
9^8
. . .
SfMno—
Livenwol stock
LondonsU)ck
iton.
.Mobile
Havaiinab
Charleston. .1
Wllniiugton.
Norfolk
2,050,875 2,238,011 2,336,273 2.451,314
Total Amcricau
East Indian, Ilratll, de.—
Satvr.
Galveston...
Now Orleans
I
Total Kuroncim «t«ck».. .. 1.025,700 1.244,500 1,340,600 1,018.300
260,000 185,000 185.000 193,000
liuliacottoiialToatforlOuropc.
Amer. oolfnalloatforKiiroiir. 3(i.S.000 286,000 468,000 433,000
24,000
50,000
42.000
:i,-),00()
Eirypt.Hrazll.Ac.alltforE'r'iKi
stock in UiiltiMl.stales ports..
685,730 767,978 654.784 1)06.1.52
198,3(M 264.492 177,214 367,596
stock lu II. s.lntiTlor towiiH..
6,56(i
6.275
14,541
35,841
ruitcilBtat*s expoits to-day.
FOR Mjm>f.mo COTTON ON—
CIXJSINO QCOTATIONS
Weth tndlng
r
;
in sight.
1887-88.
,
1885-86.
1888-87.
.090,991 5,022,261 4,959,574 4,727,174
I
I
261,040
199.895
376,872
152,854
i-
Tot. receipts from plantat'ns 5,290,886 5,283,301 5,112,428 5,104,040
Net overland to Miir. 1
017,134
779,991| 810.752 <i23,233
Houthernconsumpt'n to.Mar. 1 325,000 300,000 250,000 205,000
Total in sight Mar. 15
O*JOCDCe0Sl^
05
QpWMMfflH
M
Ot
Ci'OiMyitoccc;'
Ul M W
M *q K)
OS CO
cow OS
If''
l-fDh-IC
W O W OS 05 W W
GOO
>-*
Nortlieru spinners' takings to
Mar. 15
00™
Is
a>
rf*.CO;
W^MKMMWf-
wowpoopwoa:
9
*•
^MOIKOSOOOO-Jil^l.
wcowwcoii-iito
do
I
x
10 03 c: 4^ CO
0100*- — ».
I
;
I
OQWMOO** §i
Ito
*4M»-Mia
fcOl-'
MMMH't-'MCO
OD-sH-yiOH'rf.coooci
M
M ta C5
to *J !0 Oi 01 00
M
tOtf^
!
M :D
<*»
05
O
M CO o CO w (0 ;© CD ccM ta Q 00 CO *j iS
u- 01 o 01
^ Of (0 yi M M ^ O to M CO
2
^ 2
9
t
<a
««.
I
'
.
*tSS..
*40>oi^
oooisu
^ X w -^ c *
:
'
The
ccOrf*-0io3
''
«•
q5*
t-i
»**
>i.
pBM^'COQ;
)-'3s09OO
if^^OIQO
iCitotQO
SI iM-. Ml-.
ma
siaocoMv-Sto
o QouMSj: mSSm»omwcoo>S2s
if>
CO
I
i->5ajit>.u
W M t- o
O COC005CCcnpo*-oi05fc5»-»-q
w
fr5'3
H* IC
The thermometer has averaged
—
t-'O'Oi'JO'-'COO
c;<*-iMco^A^i^
i
u_,
Jr
flpires for I..oulsvlllo In botli years are " net."
._. r^at--^
58.
Shrcveport, Louisiana. Tliere has been no rain all the week,
Tlie thermometer has averaged 51, ranging from 30 to 74.
have had no rain all the week.
Columbus, Mississippi.
Tlie thermomoter baa ranged from 28 to 64, aver.oging 45.
Leland, Mississippi. No rain all the week. Average thermometer 48-7, highest 76, lowest 81.
have had no rain during the
OreenvUle, Mississippi.—
week. Tlie thermometer has averaged 48, the highest being 66
and the lowest 35.
— We
—
CO '^
iP.
—
—
week.
M-
OSOD
I
i
p«)®!0 03tC^M!D5;'OOWtOW^Cop05<0
O
Weather Reports by Telegraph. Telegraphic advices to
us to-night from the South indicate that under the influence of
favorable weather conditions (although in some sections the
temperature has been low), preparations for the next crop are
making g(X)d progress almost everywhere.
have had dry weather all the week.
Oalveston, Texas.
The tliermometer has averaged 58, ranging from 46 to 70.
Dry weather has prevailed all the week.
Palestine, Texas.
Crop preparations are active. The thermometer has ranged
from
to 05, averaging 54.
San Antonio, Texas. Tliere have been light showers on two
days of the week, the i-ainfall reaching six hundredths of an
inch. Corn has generally been put in the ground and cotton
planting is progressing. Average thermometer 55, highest 66,
lowest 44.
New Orleans, Louisiana. ^There has been no rain all the
&
§3'
i
C>t
o: CO
«c
?3
Ki
IC
•*-OM«OOW
f*^
469,697 bales.
— We
—
CO
COMCSMWtO
'
I
—
oit^estitsaiOioaie'WKioos^'Ooao
I
I
I
1,554,108 1,456,784 1,301,427 1,387.690
It will be seen by the above thut tho docrca.so In amount in sight tonight, as compared with last year. Is 4,176 bales, the inoreaae as
compared with 188<>-7 is 410,216 bales, and the increase over 1885-6
TS
)^CZ)0))UO^^
ui
6,395,877 0,400,053 5,985,661 5,926,180
I
*4 CI 01 --1
cow
M
c:
J-*Wh-WppptOH'MC;i;DpQOpMlOW;g
towo^c:«cirfkCiwco5ibiOM^towM
01
t3
O
t-COl^
CD -3 CDOD (K tK
We
.
.
.
''
THE CHRONICLE.
376
[Vol. XLVIII,
EXPORTS TO EUROPE PROM AM, INDIA
Vicksbicrg, Mississippi.— We have had clear weather all the
week, and farmers are making good progress in plowing and
1889.
1888.
1887.
Shipmenti
planting corn. The thermometer has ranged from 37 to 84,
Since
ThU
ThU
to all Europe
Since
ThU
Since
averaging 58.
,
j
week.
Jan. 1.
week.
from—
Jan. 1.
week.
Jan. 1.
Little Rock, Arkansas.—The weather has been dry and
32,000l 461,000 37,000 258,000 13,000 268,000
pleasant all the week, and planting interests are progressmg Bombay
AU other ports. 5,000] 82,000 16,000
88,000
85,000
2,000|
Average thermometer 47, highest 73, lowest 31.
well.
the
all
splendid
been
has
weather
Helena, Arkansas.—The
543,000| 53,000 346,000 15,000 353,000
Total
37,000
The number of farmers' implements sold indicates an
week.
The thermometer has averaged 49, the
increased acreage.
Alexandria Receipts and Shipments. Through arrangehighest being 74 and the lowest 30.
ments we have made with Messrs. Da vies, Benachi & Co., of
the
all
dry
been
weather
has
Vae
Tennessee.—
Memphis,
Liverpool and Alexandria, we now receive a weekly cable of
week, and preparations for the next crop are going on actively. the movements of cotton at Alexandria, Egypt. The foUovring
75.
from
33
to
ranging
48,
averaged
has
The thermometer
are the receipts and shipments for the past week and for the
Nashville, Tenne.^see.—We liave had no rain aU the week. corresponding week of the previous two years.
43.
averaging
to
from
36
72,
ranged
has
thermometer
The
i.lexandria. Egypt,
Mobile, Alabama.— There has been no rain all the week.
1887-88.
1888-89.
1886-87.
Mar. 13.
Average therPlanting preparations are well advanced.
mometer, 51 highest, 73 lowest, 30.
Beoeipts (oantars*)—
i- » ,
Montgomery, Alabama.— The weather has been beautiful
This week
23,000
18,000
26.000
12,664,000
Since Sept. 1
2,810,000
2,809,000
during the week and farmers are busy. The thermometer has
averaged 50, the highest being 69 and the lowest 33.
Since
This
Since
This
Thi$
Since
,
,
—
;
;
,
Selma, Alahama.-Telegram not received.
Avbum, Alabama.—Fartmsi^ operations are progressing
The therrapidly. There has been no rainfall all the week.
mometer has ranged from 30 to 70, averaging 48'6.
Madison, Florida.—It has rained on one day of the week,
the rainfall reaching fifty-five hundreds of an inch. Average
thermometer 55, highest 71, lowest 34.
Columbus, Oeorgia.-Theve has been no rain all the week.
The thermometer has averaged 53, the highest being 65 and
the lowest 41.
Savannah, Georgia. It has rained on two days of the week,
the rainfall reaching one iach and twenty-five hundredths.
The thermometer has averaged 49, ranging from 34 to 66.
Atigusta, Oeorgia.-The early part of the week was clear
and pleasant, but at the close it has been cloudy with Hght
rain on two days. The rainfall reached thirty-five hundredths
of an inch. Preparations for planting are progressing finely.
The thermometer has ranged from 31 to 63, averaging 49.
Charleston, South Carolitia.-Bain has fallen on two days
of the week, to the extent of four inches and fifty-two hundredths. Average thermometer, 57 highest, 64 lowest, 34.
Stateburg, South Carolina.— With the exception of light
rain on Thursday, clear weather has prevailed aU the week.
The rainfall reached one hundredth of an inch. The thermometer lias averaged 48'3, the highest being 68 and the low-
—
;
>Mar. 14, '89. Uar.
1
Above low-water mark.'
Above low-water mark.
Above low-water mark
Above low-water mark.
Above low-water mark.
1
Mempbla
'
Kasivllle
Sbreveport
Vlcksburg
'
'
Inch.
Feet.
12
22
8
22
33
1
5, '88.
Inch..
Feel.
10
5
7
2
7
1
—The
ihit week.
yeor Oreat ContiBrii'H.
nent.
Shipment! Since Jan.
Great
Total.
Continent.
Britair<
1889 5,000 27,000 32,000 120,000
1888 2,000 35,000 37,000 51,000
1887 2,000 11,000 13,000 61,000
1886 1,000 15,000 16,000 72,000
1.
Total.
341,000
207,000
207,000
185,000
461,000
258,000
268,000
257,000
receipts
as follows for
Mar.
Continenl.
Total.
1889
1888
1889
1888
Seeeiptt.
ThU
Week.
77,000
57,000
47,000
60,000
Total all 1889...
1888...
1888.
1889.
Oott'n
32» Cop.
TwUt.
S>4 lb».
Shirtinge.
A.
d.
d.
Mid.
lipids
1
1
22 7l!,,g®8'l6
Mar. 1 7iB,e-a8'i6
1
1
1
15 715,8«8Tl6
Since
Jan.
1.
729,000
464,000
478,000
455.000
Shipmentt since January
Brttoin.
Continent.
d.
s.
2
Feb. 8 7i5iga8'',6 6
15 81i8 ®89i« 6
8H
32« Cop.
lbs.
Shirtings.
Twist.
Ootfn
Mid.
TJpUU
2i2
87
a7
%!
®7
1^2'
.
lljjl
1^2'
lis'
lis'
October 1 to
March
Oreat Britain.
1.
1,000
13,000
2,000
14,000
22,000
21,000
26,000
36,000
48,000
57,000
1,000
1,000
2,000
5,000
6,000
2,000
1,000
7,000
7,000
1,000
2,000
3,000
18,000
14,000
9,000
10,000
27,000
24,000
2,000
2,000
3,000
14,000
5,000
16,000
45,000
41,000
37,000
47,000
82,000
88,000
The above totals for the week show that the movement from
the ports other than Bombay is 11,000 bales less than the same
week last year. For the whole of India, therefore, the total
Bhipments since Jan. 1, 1889. and for the corresponding periods
of the two previous years, are as follows:
d.
88%
®8%
8.
d.
s.
8
®7
8
a7
®7
®7
8
8
d.
1
51s
1
1
1
513
d.
7)297 013 538„
IH'il 019 5%
.-
OontincTit.
Total.
For 1888-89.
1,654,000
1,506,000
Takings by spinners. ..bales
461
Average welgbt of bales
raklngsin pounds
458
694,266,000
3,160.000
459-4
7,57,532,000 1,451,798,000
For 1887-88.
1,726,000
1,667,000
3,393,000
432
745,852.000
442
43 7
737,025,000 1.482,877,000
According to the above, the average weight of the deliveries
Great Britain is 461 pounds per bale this ssaifon, against
433 pounds during the same time last season. The Continental
deliveries average 458 pounds, against 413 pounds last year,
and for the whole of Europe the deliveries average 459'4 pounds
per bale, against 437 pounds last season. Our dispatch also
gives the full movement for this year and last year in bales of
400 pounds each.
in
.
March 1.
400 lbs. each.
1888-89.
Oct. 1 to
Bales of
OOOs omitted.
Spinners' stock Dot. 1.
.
Oreat
Britain
52,
1,736,
1,788,
Oonsumptl'n 21 weeks 1,538,
Spinners' stock Mar.l.
1,000
1,000
d.
51%
7%
59,8 |73i ®838
558
- „
„
|7%
,5^8
7% -SHas
5=8 |7iii6®8s,e5
5iii6 7iiiea85,e5
European Cotton Consumption for March.— We have
1
Total.
d.
a.7
a.T
received to day, by cable, Mr. Ellison's cotton figures brought
down to March 1. The revised totals for last year have also
been r»>ceived and we give them for comparison. The spinners tiiteJtw »n actuil bales and pounds have been as follows:
Takings to Marcb 1.
otberB-
1889
1888
Eevlaed.
—
Iakln(ts In ponnrts
Calcutta -
Madras—
6,000 354,000
Takings by spinners .. -bales
Average weight of bales
Kurrachee and Coconada.
Shipment* for the meek.
4,000 348,000]
i
Manchester Market. Our report received by cable to-night
from Manchester states that the market is quiet for both yarns
and sheetings, but that the demand in each case continues
We give the prices for to-day below, and leave
poor.
those for previous weeks of this and last year for comparison:
14.
TEARS.
According to the foregoing, Bombay appears to show an
increase compared with last year in the week's receipts of
20,000 bales, and a decrease in shipments of 5,000 bales, and
the shipments since Jan. 1 show an increase of 203,000 bales.
The movement at Calcutta, Madras, and other India ports for
the last reported week and since the 1st of January, for two
years,has been as follows. " Other ports" cover Ceylon, Tuti-
Oreat
Britain,
11,000 318,000
10,000 bales.
8
6
5
8
18
13
26
29
1
India Cotton Movement from all Ports.
and shipments of cotton at Bombay have been
the week and year, bringing the figures down to
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR
SMpmenl*
3,000 230,000
3,000 124,000
This statement shows that the receipts for the week ending
Mar. 13 were 23,000 cantars and the shipments to all Europe
—
Kew Orleans
Sept. 1.
;
Wilson, North Carolina. Telegi-am not received.
The following statement we have also received by telegraph,
ghowing the height of the rivers at the points named at 3
o'clock Mar. 14, 1889, and Mar. 15, 1888.
An
Total Europe
week.
1.
2,000 217,000
2,000 131,000
A cantar is 98 pounds.
•
week. Sept.
1.
8,000 201,000
3,000 117,000
To Contlnentt...
8 7i5,e38''ie
est 30.
corin,
week. Sept,
Erports (bales)—
To Liverpool i...
250,
Weekly Consumption,
00s omitted.
In October ......... *75,0
75,0
tn November
75,0
In December
76,0
In January
76.0
In February
1887-88.
Oreal
Continent.
Total.
1,864,
167,
1,812,
218,
3,706,
3,087,
1,915,
1,541,
2,009,
1.512,
3,924,
3,053,
788,
374,
487,
871,
Continent.
Total.
193.
1,894
245,
3,630,
2,087,
1,^49,
3,875,
538,
73,0
73,0
73,0
75,0
75.0
148,0
148,0
148,0
151.0
151,0
BHtain
51,
73,0
73,0
73,0
74,0
74,0
72,0
7;J,0
72,0
72,0
72,0
145,0
145,0
145,0
146,0
146.0
* Average as jjlven by Mr. Ellison; deduction made from month's total
on aooount of stoppage ot spindles.
The foregoing shows that the weekly consumption in Europe
is 151,000 bales of 400 pounds each, against 146,000 bales at
the same time a jear aj;o. Spinners' stocks, both in Great
Britain and on the Continent have increased during the
month, and now the aggregate is but 83,000 bales less than at
the same date last season.
.
..
MaBCH
)
.
THE CHRONICLE.
16, 1830,)
JuTK Butts, Baooino, &c.—There Ls very little inquiry for
bagging and the market is quiet. For the jobbing lots that
Mebeing taken sellers are quoting 7»^((?9;ic., according to
Some
quality, but a shade less would buy a large parcel.
on the
Bmall parcels of jute butta are reported placed
biwis of
377
Feb. 32.
f klei of the
week
49,000
3,100
1,600
41,000
9,000
69,000
732,000
578.000
77,000
65,000
252,000
156.000
bale*
Of whiob ezporten took
Of wbloh ipeoulaton took.
Sale* American
.
Uar.l.
llar.S.
63,000
2,000
4,000
48,000
11,000
60.000
763,000
603,000
100,000
64,000
1,000
2,000
68,000
8,000
81,000
761.000
592,000
98,000
61,000
222,000
127,000
Har. 15.
47,000
3,000
1,000
38.000
9,000
79,000
759.000
685.000
86,000
60,000
251,000
164,000
Aotoal export
pniwr grades and 3^03 U-IOo. for bagging quality.
Forwarded
East India Chop.— From Messrs. Gaddum, Bythell & Co.'s Total (took- Estimated
Of which American— Estlm'd
Cotton Report, dated Bombay, Feb. 8, we have the following-. Total import of the week
The quiet tone reported In our last continued only for a day or so.
B7.000
or which American
when our marki t Bhowed t?roat activity. Both exporters and mills
mount atlottt
237,000
boufiUt lark'tly daily Mnlll the close or the week, the better news from
which
American
133,000
Of
home havlng'niado them eaKor buyers. An advanre In the price of
Tlie tone of the Liverpool market for spots and futures each
Ooiuras has liecn ostubllshed, and wo close Brni. Bengals have been In
itroug demand, exjioitcrs having bought largely, and rates have ad
day of the week ending Mar. 15, and the daily closing prices
Tanced ,5 nipcea to rupees per candy, an.l we close (inn, wtih prices of spot cotton, hare
been as follows
In favor of sellers. Bliownuggur and sawgiiine<l Dharwar have boon
2J^c. for
:
and an advance In these descriptions has been estabReports fiom the western districts are very favorable.
lished.
Shippiko News.— The exports of cotton from the United
States tlie past week, as per latest mail returns, have reached
157,149 bales. So far as thy Southern ports are concerned, these
are the same exports reported by telegraph and published in
With regard to New York we
the Chroniclk latt Friday.
include the manifests of all vessels cleared up to Thursday.
bought
freily,
New York—To Liverpool, per
steamers Adriatic, 1,861
—
Total balet.
—
—
1
Speo.&exp.
Garrick, 6,049... 10,049
To Havre, per steamers Empire, 4,000
To Bremen, per steimer Euronean, 6,?12.
6,212
Mobile— To Liverpool, per steamer Heraelldes, 8,011
8,011
BAVA^•N.lH—To Liverpool, per bark Baroma, 57
57
Pawnee,
To Barcelona, per steamers Lancaster, 5,701
4,700
BlHTNSWiCK— To Liverpool, per steamer Clintonia, 5,fi00
Charleston— To Barcelona, per brig Pretettore, 1,501
To Odessa, per steamer Cbance'lor, 1.500
Galveston— To Liverpool, per steamer Orl)0, 4,555
ToSt. Peteisliurg, perbark Emilie, 1,427
To Newport. Russia, per bark Colin Archer, 2,270
To Vera Cruz, per steamer Whitney, 1,200
Norfolk— To Liverpool, per
,2,650
To Bn men, per steamers Boston City, 5,401
Orpington,
—
7,525
I/iverpool, per
steamer Prlncipia, 6,431
Newport News— To Li^ erpoid, per
Market,
12:30 P.M.
)
10,301
5,500
1,501
1,500
4,555
1,427
2,270
1,200
2,«,i0
8t«*fidy
1-84 adv.
at
1-64 dec.
Stewlr.
Steady.
Sat.,
Mar.
Open High Low.
d.
4.
March......
Mar.-Aprll
April-May..
Slay-June..
June-July..
July- Auk...
AuK.-Sept..
5 43
3 43
5 44
5 44
September
S43
S28
gept.-Oot...
S43 5 44
5 44
5 44
S45
B4:l
5 44
5 43
5 45
5 43
5 43
6 29
d.
5
5
5
5
9.
Oloa.
d.
43 5 44
43 5 44
43 5 44
500
Quiet, at
partially
l-et adv.
5",6
10,000
7,000
500
500
500
Quiet at Steadr
at
l^dea
Vance.
Qnlet at
1-64 dec.
DnII
Barely
Barely
Very
steady.
steady.
sieaay.
man., Mar. 11,
but
staadr.
Open High Low.
d.
d.
5 41
5 41
5 41
6 42
5
5
5
5
6
5
42
42
43
43
44
44
6
4'.i
Tnea., Mar.
Clot.
d.
5 41
5 41
5 41
6 43
5 42
542 5 42
5 43 542
5 43
6
6
6
6
9
5
6 42
5 43
5 43
643
644
li44
5 45
5 45
5 43
5 43
5 43
6 43
5 41
641
6 42
629
6 27
528 527 5 28
5
6
6
6
45
43
43
28
5 41
5 41
6 44
642
6
4-2
lit.
Open High Low. Oai,
d.
5 44
d.
42
43
44
44
42
42
S 28
d.
d.
6 43
5 43
5 4t
5 41
5 42
5 42
S44 6 43
5 45 543
6 42
5 42
5 29
d.
6 43
842
5 42
543
643
644
5 41
6
5 41
6 2S
B4S
628
4li
Wedne«.,Mar.l3. Thura., Mar. 14.
Open H<«h Low. OUu. Op<n|H<«k Low.
50
6 40
6 411
5 40
5 41
5 41
6 39
5 89
541
5 40
5 40
5 40
157.149
May-Jane.. 541
The particulars of these shipments, arranged in our usual
June-July.. 5 42
Jnly-AuK... 642
AuK.-Sept.. 6 40
September 5 40
Sept.-Oot.. 527
5 41
5 42
5 39
6 40 341
5 41 5 41
5 42 6 4S
530 6 40
539 6 40
5 26 526
„
form, are as follows
7,921
100
2,743
:
R'clam,
Am'dam
\
\
I
Hull it
Lon-
and
Brtm.<t
Ham-
Ant-
Havre,
burg.
Kerp
iHew York.. 20,250 3,623
746
H. Orleans 29,413
10,049
3,313
6,212
3,167
Liverpool.
don.
.
Mobile
8,011
Bavannah..
Brunswick.
5,500
B'lonu,
4,555
2,650
6,131
Fwp't Nws 1,639
Boston
7,494
Baltimore. . 7,f 21
Phil'delph'a 2,743
1,500
3,697
i",5'o'i
12,928
100
96,664 3,723 10,795 22,451
3,167
33,199
45,674
8.011
10,358
5,500
3,001
9,452
15,576
6,431
1.639
7,514
8,021
2,743
5,107 13,902 157,149
Included in the above totals are from Galveston to Vera Cruz, 1,200
and from Boston to Yannouth, 50 bales.
Cotton freights the past week have been as folio vs
bales,
Urerpool, steam d.
Satur.
Hon.
11.
n.
Tua.
11
Wedne$.
fH.
Thurt,
DoTlaGl'sg'w.rf.
Havre, Rteam
Do eaU
Bremen, steam
'
»8»
e.
"32
"32
e.
e.
•a
hi
Do
via I.«lthd.
Hamburg, steam.c.
Dovlalxjndon.d.
imsf d'ln, steam. e.
Do via London. d.
steam
62V
52Ja*
52
V
52
V
52V
52
V
....d. 2if i-n, 3 sie^-n-ia aig^-iij^ 21,4-1133
sail
d.
Baroelona.steam d.
»8
3enoa, steam .. .d.
rrleete. steam. ..d.^ieaUaa
h»'3>^h3 »I8®"32 "i8«»32 *i«®"'2 »io®"33
Antwerp, steam d.\
3,,
3,g
3,,
3,
3,,
»ic
|
|
|
|
|
*l*er 100 lb«.
5 43
5 41
5 41
5 27
Open|Hi0h Low.
3 40 3 41
5 40 6 41
5 40 6 41
5 41 5 42
6 42 5 42
6 42 5 43
5 40 5 40
6 40 5 40
6 27 5 28
I
I
I
d.
d.
3 40
IS 40
5 40
5 41
5 42
6 42
341
541
541 5 41
5 41
6 41
5 41
5 41
5 41
5 41
542
542 342 642
5 43 5 43 542
543 5 44 5 43
5 41 541 6 41
641 5 41 6 41
6 28 6 28 528
540
5
3 40
5 40
6 28
I
,
6 42
5 43
527
4')
d.
d.
Otoe,
d.
6 41
5 41
5 41
6 41
6 41
542
e4S
5 48
6 41
5 41
B28
Friday. P. M., March
g
&c. at that port.
15, 1869.
Our markets for flour and meal have been quite dull for
the week under review, and the slight changes in prices were
toward lower figures. The shipping demand has continued
quiet at this point, but a considerable transaction on London
account is reported from Minneapolis. Stocks in this market
continue large, but it is believed that the quantity to com©
forward during the spring months is comparatively small.
however, see nothing in the situation to induce
buy beyond their immediate wants. To day the
market was dull and prices were drooping and unsettled.
The wheat market has been depressed and unsettled. The
Bureau report of crop prospects was regarded as unfavorable
Dealers,
to
to the bull party, and later advices from California and the
Northwest confirmed the position of the Bureau. There were
some exports for the Continent, but at low prices.
The
milling demand was very fair. At the decline there was
yesterday a good degree of activity, No. 3 red winter
s-Uing at 83J^c. f. o. b. for export, and 94iic., delivered,
for milling, but without imparting any strength to values.
Today there was some further decline, but the
close was at a partial recovery.
A limited business for
France was done at 93o. f. o. b for No. 2 red winter.
DAILT OUMIHO PBIOCS OP IfO. 3 BSD WDTIBB WHBAT.
Sat.
Uarob delivery
April dilivery
Maydflllvery
Jane deltrery
July delivery
Liverpool.— By cable from Liverpool we have the followAugust dilivery
ing statement of the week's sales, stocks,
Clot
d.
BREADSTUFF S.
them
:
I'f4®'l6
64
Mar.-Apill
April-May..
d.
>
Total.
2,100
10,301
,
March
d.
Bus- Genoa
57
Charleston
Galveston..
Norfolk
West Point.
Mnr. 19.
Kessd.
Total
FrI.,
7,494
d.
Do
8,000
44
d.
Beval,
8,000
500
Barely
at
d.
Total
DnU.
The opening, highest, lowest and closing prices of futures at
Liverpool for each day are given below. Prices are on the
basis of Uplands, Low Middling clause, unless otherwise stated.
17* The prieet art given in pence and 6-Uhi thus: 5 63 metxn
6 63 64d., and 6 01 means 6 1-640.
Cata-
more, 4,438
To London, per steamer Missouri, 100
Philadelphia— To Liverpool, per steamers British Princess,
1,073. ...Ix)rdGough, 1,670
,
.
10,000
500
Steady
Market,
4 PM.
6,43!
1,639
-, 1,639
•
Boston— To Liverpool, per steamers Bavarian, l,8d0
lonia, 1,903
Norseman. 3,711
To Yarmouth, per steamer Dominion, 50
Baltiuore— To Liverpool, per steamers Corean, 3,483
'
Dull but
steady.
Freely
offered.
12,926
West Point—To
!
Friday.
8>li«
8,000
Elvira. 1.250. ...Governor, 6,450 ...GiUdo, 7,481. ...Historian. 4.340.. ..Niceto. 5,800
29,413
j
DnII.
5iii«
Bales
Future!.
20,250
Runic, 4.8^0... 8tr«bo, 2,2ti9.... Wyoming, 963
3,611
To Hull, per steamer Santiago, 3. fill
To Umdon. per steamer Pci-slan Monarch, 12
12
Mineola, 26.
Til Havre, per stcnnu^rs La Bourgogne, 720
7<16
To lUemi II. per steamers Fulda, 018... Lahn, 246
894
Sorrento, 2,019..
To iramhurg, per stcamcra Rugla. 400
2,419
To Rotterdam, per 8te;imcr Amsterdam, 519
519
To Amsterdam, per steamer Sybil. 852
852
To Autwerp, per steamer Wanfland, 1,796...
1,796
1,900
To Genoa, per steamer LetlmlH'O, 1,900
To Naples, per steamer Ale3i!,200
200
Hkw Orleans— To Liverpool, per steamers Carolina. 4,092
<
In buyers"
favor.
Qnlet.
Mld.Uprd«.
Wedne*. Thurid'y.
Au-
ranla, 1..591....Clty of Berlin. 2,915. ...Etbiopi.i, 198
Helvetti, 2,408... Italy, 2,(>47....Lake Ontario, 508
—
/Saturday Jfonday. Tuetday.
Spot.
Market,
12:30 P.M.
Deoumber delivery
O.
o.
o.
o.
c.
0,
0.
9i:>a
95'ii
9li%
97>a
94^8
9l»9
930g
Hon.
mog
Tuet.
92=8
9408
93i>8
95''g
fl4''8
96%
9308
91
95Hl
9338
90:%
93
93 >«
Wed.
Thurt.
92»8
9338
95
9489
95V4
95»8
93>9
93'a
9J%
93=^
9Hj
9m
92>a
93>a
Frt.
Of*
92«i9
93''8
94»«
93
9o\
93^
1
a
:
THE CHRONIOLR
378
LVoL.
XLvin.
THE DRY GOODS TRADE.
Indian corn relapsed into dulness, foUomog the advance
quoted in our last, and prices gave way Bomewhat irregularly,
but not making, until yesterday, any uniform or marked decline.
The export demand waa not by any means urgent,
and as prices began to lose strength the local dealers withdrew. To-day there was a further and decided deolioe,
steamer mixed being taken to a moderate extent for export
NEW YOBK. Friday P. M., March 15. 1889.
Business in the jobbiu? branches of the dry goods trade
was active the past week, a very large force of out-of-town
retailer.i having appeared iri the market whoso joint purchases
reached an important aggregate amount.
There was no
at 42 J^@ 423^0. in elevator.
tendency towards speculation on the jiart of retail buyers,
DAD-T OLOSINO PRICES OP HO. 2 MIXED CORM.
Thurt.
Fn but their immediate wants virere supplied without hesitancy,
Wed.
Hon.
rue*.
Bat.
44i8
43''8
423j and prospective requirements were anticipated to
44
435fl
March delivery
o. 4438
somu ex; ent.
43'i8
43
44
44
44
o. 44;'8
April delivery
4338 At first hands the demand for staple cotton goods was only
44»8
43=8
43»8
43%
MaydeUvery
0. 43%
4313
4358
4358
43%
43%
c.
43%
Jime delivery
moderate, but there was a slightly improved re-order demand
Oats have been dull and unsettled, and yesterday declined for printed cotton fabrics, fine " wash "' dr,ss goods, &c., and
materially under freer offerings. The scarcity for prompt
there was a fairly active movement in some sorts of woolen
delivery, which led to the exceptional advance in March, has
been supplied. The depression was at times quite marked in goods on account of former transact'ons. The event of the
white oats. To-day the market was dull and unsettled.
week was a strike for higher wages by tin weavers employed
by the mills in Fall River. The weavers are poorly organized
DAILr OLOSIBO PRICES OF NO. Z MIXED OATS.
Sal.
Man.
Tues.
Wed. Thurt.
Fri.
in comparison with the spinners at the same manufacturing
31%
31%
31
....
Harch delivery
o.
30»e
30%
3058
30ii centre, and it is barely probable thit tliey will be able to
April delivery
o. 3138
305s
301s
3IJ4
8OJ4
3058
3058
3058
3038
May delivery
c.
point, but in the meantime serious inconvenience
3OI9
31
30ia carry iheir
305g
30%
3038
jQse delivery
c.
has been entailed upon such cilico printers as ara obliged to
Rye has met with some demand from Germany, and on
1
Wednesday prime State sold at 58c., delivered. The recent depend upon weekly deliveries of print cloths in order to keep
their machines running.
decline in barley has been followed by increased activity.
The following are the closing quotations
Domestic Cotton Goods.— The exports of cotton goods
FI^UB
from this port for the week ending March 13 were 2,457 packHue.,
V bbl. $2 25«$2 80 Soutbem bakers' and
2 653 3 35
Bnperflne.
family brands
$4 25® 5 00 ages valued at |150,519. The shipments include 984 packBprlng wheat extras. 3 259 3 65 Kye flour, superfine.. 2 0.59 3 10 ages to South America, 497 to Great Britain,
250 to British
Ml
flnn. clear and 8tra't. 4 259 5 50
Fine...
2 509 2 75
Winter shlpp'g extras. 3 309 3 75 Oommeal—
East Indies, 193 to the West Indies, 150 to China, 125 to CenWinter XX and XXX. 3 853 5 25
Western, i&o
2 70a 2 85
tral America, 89 to Mexico, 81 to Continental Europe, 46 to
Patent*
5 259 6 75
Brandywlne
2 90a ...
Bonthern BuperB
2 859 3 35 Buclfwbeat flour, per
and 43 to all other countries. Since January I the
Bonth'n 00m. extras.. 3 403 4 00
100 lbs
145® 165 Smyrna,
exports aggregate 33,221 packages valued at $1,849,013, disOBAIH.
tributed as follows
Wlieat—
c.
c.
Rye—
0.
0.
1
:
Bprlng, per bngb... 85 91 15
Western
9 bu. 53
Bprlng No. 2
„.l 00 91 05
State a; d Jersey . 56
Bed winter No. 2... 93 9 9414 Oats— Mixed
30 9
HEedwtnter
85 91 02
White..'
31 9
White
88 91 02
No. 2 mixed
31 9
Com— West'n mixed. 41 9 45
No. 2 white
31%9
WeBt'nmlxedNo.2. 43 9 44ia Barley— C'nada No.l 76 3
42is9 431s
Steamer No. 2
Canada No. 2
73 9
Western yellow
42 9 45
Two-rowed State.. 69 9
Western .wbite
42 9 45
Six-rowed State...-. 70 -a
Sonthem white
9
Buckwheat
49 9
IL
.
'
55
58
Com.
Wheal.
Flour,
OaU.
New York
38
to-
3214
33
78
75
71
73
53
The movement of breadstuSs to market is indicated in the
statement below, prepirtd by us from the figures of the New
fork Produce Exchange. We first give the receipts at Western lake and river ports, arranged so as to present the com
parative movement for the week ending March 9, 18^9.
StCttpU at—
1889.
3219
This
week.
Since
Jan. 1
I2B
150
250
578
984
193
177
1,363
1,050
11.IV5
2.743
2,860
7,823
3,543
1,644
Afrioa
Central America
China
Eust Indies and Arabia.
Europe
South Amcilca
West Indies
All other countries
,
,
Total
China, via Vancouver.
Total
'
Barley.
From New Eualaud
1888.
This
wetk.
Since
Jan. X.
1,119
80
734
1,473
15,085
3.819
1,538
200
73
679
671
249
,5,935
3,569
1,675
2,457
32,221
16,079
3,431
33,474
4,350
2,457
48,300
3,431
37,824
miil points direct.
The situation
Tot.wk. '89
183.120
1,242,938
1.784.934
1,038,290
485,854
Bamewk.'8S.
Bamewk.'ST.
Since Aug. I.
183,043
207.088
1,820.844'
1.549,084
1.366,719
828.517
3-2 1,288
31,223
in the market for staple cotton goods
unchanged.
The demand by wholesale
buyers was only moderate, but re-orders for plain and
colored cottons were rather more frequent than of late
pretty sure indication that stocks in the hands of jobbers and
the manufacturing trade are nearing the replenisliing point.
Prices are without quotable change, but the weavers' strike at
FaU River has stiffened values of print cloths, low-grade brown
and bleached cottons, flat-fold cambrics, &c. Print cloths
were in moderate demand and firm on the basis of 3 15-16c. bid
1,199,819
398,531
2S,672
for 64x64s,
55.000,774
48.48O.7C0
21,641.516
4,108,622
19,H5.422
1,635.252
B^'s.l9AIb> Bush.60
Obleago
Milwaukee.
Dalnth
Wr Bush.56 U) Biuh.32lb> BusKiH II:
/lu.
86
II,
56.081
25I1.704
791.142
702.-53
280.80n
15.837
67.539
55,000
117,650
6.040
26,045
152,170
132,4:9
31 ,000
2.987
19.578
163.487
2.498
13.857
1.600
—
Minneapolis,
Toledo
Dttrolt
Cleveland.
Bt. liODlf
a.018
8.752
41.376
17,530
88.275
18.St.5
48,441
1,755
14.000
Jo7,58o
216.700
Peoria
1888-9
1887-8
1,541,579'
38.8101
6.249,048
72.423.578 79.268.983
81.627.112 56.670,335
6.7531381 67.3g0.58ll B7,50.'J.765
7.861.513
IR«fl-7
21,685'
3J,91«]
87.440
10.942
2,200
1.030
32.4
2,7.30
133,000]
12.800
4,950
31,207
44.015.9821 18,482.081
iHitoreatVorn
,
afloat
Albany
gjflalo
Chicago
Do afloat...
HUwaakee
Dnlnth
Jo^o
Detroit
Oswego
St.
Louis
Do
Wheat,
buth.
7,P07,732
72,000
2,556.773
4,433.750
217.400
716,042
1,791.593
1.644.259
762,299
2,2'i7,720
afloat
OInclnnau
SO"too
'oKooO
S>n>nt».
131,<.00
"««*™»1
:-
Fhlladelphla
^e?.'''''---;
UidlanapoUe
Kansas City
Baltimore
MinaHapolls
5*: £.?"'.
On Mississippi
19.207
438.882
327.982
137.809
247.963
171,658
1,150.108
6,43<i.980
300,000
Com,
buth.
1,579,204
Oats,
biiih.
1, 288. S16
42,700
16,500
46,000
86.800
137.988
35,619
8,605,687 3, 969,871
583,081
9,776
r4,587
692,569
40,404
691,347
60,188
687,048
49,339
15,000
4,750,304 505,776
162,674
51,000
33,000
700.955 445.132
613
4.000
33.128
50.744
541, P53
126.036
157,621 443,350
5,251
31,384
273,051 239.003
1,292,527
90,543
148,066
852,240
62,030
buah.
Barleu,
bu»h.
134,051
22,000
31,000
66.489
852,235
116,723
24,500
267,642
173,825
10.006
6,266
57,750
284 634
178,827
42.836
220.001'
63,979
80,000
2,043
145,462
'89,6od
3iM7c
180.000
67,660
100,310
6.843
11,056
16,199
and 3i^c. bid for 56x60.s, at wliich figures holders
were reluctant seUers at the close of the week. Stocks last
Saturday and for the three previous years were as follows:
Stock of Print
1,558,12
The visible supply of grain, comprising the stocks in granai
at the principal points of accumulation at lake and seaboai y
d
ports, and in transit by water, March 9, 1889 :
Hew
Do
practically
is
86,398
15,347
1889.
OMht—
Jlar. 9.
Held bv Providence manufrers.
Fall River maimfaoturers
Providence speculators
Outside speculators (est)
3,000
13,000
None.
None.
1888.
Mar. 10.
7,000
1,000
None.
4,0j0
1887.
1886.
Jlir.Vl Jfar. 13.
30,000 110,000
74,000
53,000
47.000 258,000
30,000
20,000
Total stock (pieces)
12.000 181,000 441,000
16,000
Prints were in moderate demand and steady, and there was
a moderately good business in oth r printed cotton dress
fabrics, as sateens, chal ies, &c., but low-grade ginghams
are unsettled, and some large lots were closed out at low
White goods, quilts and table damasks were active
prices.
movement and stearly in price.
Domestic Woolen Goods
At first han is the demand for
men's-wear woolens was steady but moderate, and liberal deliveries of overcoatings, worsted suitings, cassimeres and
satinets were made by the commiMion houses on a count of
bick orders. Prices of both heavy and light weight dothinp;
woolens are firmly maintaioed, and stocks are well cundilioned as a rule. FaU cloakings and stockinets continued in
Kentucky
fair reques": and steady at unchanged quotations.
jeans and doeskins ruled quiet, but thu beat makes of the
Soft wool and worsted
latter ar^ well sold up and firm.
dress goo^s were fairly active in movtment and demand, and
shirting flannels were distributed i'l co:i«iderabl quantities,
while blankets and carpets were in better request.
Foreign Dky Goods. There was a fairbuaintss in somf
descriptions of foreign goods adapted to the coming season^
and liberal orders for certain fall dress fabrics, &c., wert
in
—
—
{
|
placed, for later delivery, with importers. Prices of staplo
goods remain firm, and some makes of linen goods, &c., havo
been slightly advanced here and abroad.
@FedFRASER