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.

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HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED 'STATES

VOL.

NEW YORK, MARCH

34.
Financial.

Financial.

AMERICAN
143

BROADWAY, NEW YORK.
BrSINCSM Kot'NOID

1T95.

tncorponUtd utuier Latva of State of N«ia Torky 1806.

Alfred H. Smith

BOUDS. POarAOB AKU RBVByVB STAUPi,
fiEQAL TSyDElt 4 tfATlONAL BANK NOTES
tf a< UlfUED STATES and /or many Rire<«*
4aMnMiwnt«.

JOHN

No. 14

ST.,

W. MlDDENDOKr, W.

OLIVRB. O. A. ALBSRTI.

Middendorf,01iver&
8,

&

B.

Members Baltimore Stock ExchanRe.

DIAMONDS.

liEUKUANlKBU 18TD.
Bnoravkhs and printiks or

873.

Financial.
J.

Note Company,

Bank

NO.

18, 1882.

Co.,

NEW YORK,

Co

BANKERS AND BROKERS,
W. Comer German Sc ISoatb Sts.,

P.O. Box

BALTIMORE, mo.

227.

Special attention siren to the nrgotlatlon of jtForeign Bills of Rzcbange, Collateral Loans and Com-

fND^CA^ttS AND TELEPHONE IN OrFICK.

IMPORTERS OF
Diamonds, Fine Rubies, Sapphires,
and otiier Precious Stones,

E.

W.

&

Clark

Co.,

KNQBAVINO AND PRINTING
BANKERS,
or BANK NOTES. STATS AND RAILROAD
EXCLVSIVELY.
No.
33
Soath
Third Street, Pkiladelphia.
BONDS. SUARE CERTIFICATES. BILLS 01
MXCBANOE, DRAFTS. CHECKS. STAMPS, ic
LONDON, 33 HOI<BORN TIADUCT.
DEALERS IN CAR TRUSTS AND OTHHR l»Uf TOE FINEST AND MOST ARTISTIC STTLB
VESTSiENT SECURITIES.
LlNDLSr HAINES
UiWIg H. TAYLOR, Jr.
FROM !«TEEL. PLATES.
Stocka and Bonds bought and sold on Cosunlaslon.
With ipecUl aafesuarda to prerent CoanterftUlnt
•r AtUratiam. Specttil papers maouf aolured exoluilTelr (or uaa of the Cumpanr.

Safety Tints.

Work

Railway Tickets of Improved Styles,
WUhor tnUJuml Colors, and Tiekett of all Kindi
TUUSrSBS:
Joa. W. Drezel,
Macdonotufb, Vlca-Preat., A. V. Stout,
A. D. Sbepard, vIce-PrcaldeQt, T. il. Porter,
Wm. Malo Smillle. Vtce-Preat., Chris. Meyer,
J. T. Kobertaon. Vlea-PresldeDt, u. U. Danrorth,
P. C. Leunsbarj.
d. H. SUyner, Treaaurer,
Theo. U. Kreelmad. SecretarT.

A. a. Oooaall, Frealdent,

Centrale Anversoise,
A N T M^ E R P
ekid-Up Capital, '^,000,000 Franca.

Deposits received sublect to check at slsht, and
interest nllow>3d on daily balances.
Stocks, Bonds, Ac, bought and sold on commtflslOD
In Philadelphia and other cities.
Particular attention (liyea to Information reffardtng Investmeat Securitiea^
J D.

Prince,

IlAKKY

W.

Ja.s.

whitblt, n. Cruokr Oaklet
MAYNARD C. SYRB.

C. IjOOAN,

R.

Traters,

special Partner.

&

Prince

acd New Haven.

&

Co.,

66

President.

ALracD MAtiLiiXAr ((ir»ff4 Maqulnar), Vlco-Prta
j. B. Von i>ek Becks (Von der Uecke k Marsllr).
Orro UtTNTUBUiCoraetlle-Uarld).
Smile i>i uottal.
Ai>. KHAN'K (PrmnK, Model A Cie.)
Acq. Nottebohm (Noltebohm Krerea).
UOA-sis (MIoblaia Loos).

BKOADWAY, NEW YORK,
DEALERS IN

Plrst-Ciaoa Invealment Secnrltlea.
aOVKRNMENT BONDS, STATK, CITY, COUNTY

BALLUOAD & MISCGLLANKOUS SKCUKITIKS
Bought and Sold on Conimlsslofi.
Virginia Tax- HfodvabU Coupons Bought.

JOH. Dak. PirHiu<A.V!<, Jr. (Job. Daa. FnbnuaaJ
LociS WBBEB(ltd. Weber * Cle.)
JoiMa Rautbmstbadcu (C. Scbmld A Cle.)

aOOJHERN NKCURITIES A SPECIALIY.
LOANS NKOOTIATED.

GENEKAL BANKINO BUSINESS.

Sam'l A. Gaylord,

lNTEitE8T

Allowed on Depositb.

TKAM8ACTS A

ASA

P. PoTTIK. Preat.

J. J.

Kddt, Caahter.

ST.

Maverick. National Bank, DEALER
BO«»TO.\,

CAPITA L,
XCUPLUS,

$400,000
400,000

Aug. T. Post, Banker,

Mlaaourl. Kansas

BUYS AND BBIXS
4Uate, City and County Socurltlet.
OOBRKSPONDENCS 80IJCITHD.

HTKEET,
DEALEU IN
Ballwar 8ecnrltlea, Gas and

<Cllr

t^cocka,

luaunuieo Hcrip.

aal*.

Geo. H. Whipple,
No. 96

No.

8 WAI.I.

DEALER

80DTHERN BBOCBITIES A SPECLILTT.

Nos.

M and 8S

Day,

DREXEL BniLDtNO,
BROAD STREETS,

Cor.

LIGHT STOCKS.

(Parent Company), American.
vn-a
FOR a.Tiri
SALE J Brush
United SUtes. iiaatern.
WANTED.-Bmsh (N. Y. Co.). roller.

&

E. A. Mauriac

Co.,

BANKERS AND BR0KBR8,
No. r Wall Street.
Railroad, Mining, and other Stocks, Bondj, Ma.,
bouKtit and sold on Commission.
B. A. MAURIAC, Member N. T. Stock KxchanM

SYDNEY BISUOP.

M. U.

HOWLANO.

John A.Hambleton&Co
BANKERS AND BROKERS,
No. 6 SOVTH STREET,
Oonnecfed by Spectol inns wUk Nev York and PMI^
d«l|Ato OerrcavandMKs.
Transact a Oeneral BanWng Bnalneaa.
Bar and sell on Commtaaion la this and other cttlea
all deacrlptlons of Stocks, Bonds and Securities.

Special Attention ^iven to Investments.
Iioana negotiated and adrances made on tmprorad
DepoalU recelTOd rabjeot to check at sight.
Collections on all polnta In U. 8. and I

Railroad and Investment Securities,

&

STREET,

collaterala.

STREET. NEW TOKK.
IN ALL KINDS OF

Lummis

WALL

NEW YORK.

rmtea*

Corraapondonoe

Simon Borg,

Samuel M. Smith,
WALL

and IlUnola bought at best

aoltdted.

NASSAU STREET,

40

WESTERN SECUBITIES

Inreatment Sacnrltlea for

Warfield,

BALTinORE.

I.ODIS,

Defaulted Countr. Toirtubip and Cltr Bond* of

Aoooontaof Bankaand Bankers solicited.
Collections made apon favorable temu.
Strictly flraVdaas loTeatment Securities Nego-

»i

IN

&

62 BEOADWAY.
DauOLAS Hrnry.
Charles Seton Hrnbt,
Member N.T. Stock Ex. Member N. Y. MIn. Stock Be
Daniel WAKrixu).

YORK, ELECTRIC

(Branch Office* 180 Fifth Avenue).
All classes of ilailwayand Mining Stocks bought
and sold on Commission.
Private Tolenraph Wires to Philadelphia, Wllm tagton, Biiltiniore, Washlnfcton, Boston, Bridgeport

R. A. Lancaster

Bros.

BROKERS IN
STOCKS AND BONDS, CNT.ISTKD SBCCKITIES AND MINING STOCKS,

Whitely,

64 BROAI>\rAY, NEXT

\o

Henry

BANKERS AND BKOKBRS,

BOARD OF DIRECTORS
Fn-IX ORiitAK,

Co.,

BOUTH THIRD 8TREET,
PHILADELPHIA.

140

JuiM

Ban que

&

Bankers and Brokers,

Executed In Fireproof Bnlldinca.

BAILWAY PRINTING A SPECIALTY

n.

H. Taylor

L.

Safety Papers.

WALL

and

Caldwell, Hay & Washburk
BANKERS & BROKERS,

UNITED BANK BUILDING,
Broadway and Wall

BANKERS AND STOCK BROKERS.

CRAB. B. Caldwell, late Weat

WILUAH

LANSixa

LDHMIS.
IIENRT DAT,
Mambora o( New York Stook Bxohaac*.

St.

Transact a general Banklog Boalneaa, Inoladlagtho
Parohaaeand Sale of all SecurlUea dealt la at the
New York Stock Exchange.
Intereat allowed on depoaltaanbjeet to atght draft

A QUdwalL

Member N. Y. Stook Bxeimage.
WAgBRDBU, Ist* WktttttghaiB
———
A
Waahbora.

!^II.AS C.

IlA r.
C.

;

:

THE 0H110NK1.E
Forelim Exchange.

Drexel,

WALI. 8TRE8T,
OOBIIXR OP BKOAD, NKW

&

Drexel

oM

31

YORK.

& Co

Parla.

OOMSSTIC AND FORKIQN BANKERS
DepoelU received Bufiject to Draft. Securities. God,
•0„DO0«htandBoMonCommi88ion. Interest allowed
Credits,
Ml Deposits. Foreign Kxchange. Cominerc-iftl
Travelers,
Circular Letters for
0«bl» Tnuisfers.
•nU>t>le In all parts of the world.

Brown

LONDON

ST..

&

Brothers

Co.,

No. 69 IXTALL ST., N. ¥.,
BtJT AND 8KLL

DE ROTHSCHILD

and their correapondents.
Commercial Credits and Transfers of Money
on California, Europe and Havana^

Morton,
25 NASSAU

&

Bliss
ST.,

NEW

YORK.

Issue Circular Notes and Letters of Credit for
Travelers also. Commercial Credits, available In all
parts of the world. Negotiate flrst-class Railway,
City and State Loans; make telegraphic transfers

In Franca, In Martinique

and Gnadaloupe.

of

THIS AND OTHER COUNTRIES.
IHAKE COLLKCTION-i OF DRAFTS drawn

&

G.

G. C. Ward,
Aesirrs pox

53 WALL 8TRBET. NEW YORK,
as 8TATK 8TRBRT. BOriTON.

& W. Seligman 5c Co.,

63

railroad and municipal bonds negotiated.
Sterling exchange bought and sold. Drafts on

&

PARIS.

TBBLOle CHEQUES AND BlU^ AT SIXTY
DAYS' SIGHT ON
CO.,

ALEXANDERS &
NOT» 4JD

OnOnjkJl

&

LONDON.

COMHEBCIU, AND TBATELERS' CBEDITB.

00RRJSSP0NDEXT8 :

BARING BROTHERS & CO., London.
FERIER FRERES Si CO., Parla.
MENDELSSOHN dc CO., Berlin.

NEW YORK

Stuart

William Heath

BANKKRS, LONDON;

&

Co.,

Draw Bills of Exchange and transact a general
financial commission business. Particular attention

William Heath

&

Co.,

BANKERS AND BROKERS,

" LIMITED J"
MANCHESTER, PAYABLE IN LONDON

01 BROADWAY, NEW YORK.
Mbmbxbs of New Yobk Stock Bxchakqi.

BELFAST, IRELAND
Amy OS THK

NATIONAL BANK OF SCOTLAND,

&

ALSO.

CABLE TRANSFERS AN D LETTERS OF CREDIT
29 UrUllam

J.

8.

KINNEDT.

J.

Kennedy

S.

No. 63

DRAW

EBNNIDT TOD.

&

Co.,

WILLIAM STREET,

•DYCOMMERCIAI, PAPER AND BILLS
OF EXCHANGE.
Act as

Aok.vt.-!

for Ranks. Bankkus and

IIAILKOAI) CO.VIl'A.NIES.

MAKE TKLEGUAPniC TRANSFERS.
.B»ne Commercial Credits In Sterling, availahlo
throUBhout the World.

BDF AAX> BELL INVESTMENT SEODltlTIES.

Collect DlTldends, Counonn and Forolga and
Inland

WALKER,

Canadian Bank of <;ommerce,
16 EXCHANGE PLACE,

Bankers.

Forci$;ii

Bank of

Australasia,

(INCORPORATED
No, 4 Threadneedle

1836.)

London, England.^
PAID-UP CAPITAL, jEl.iOO.OOO.
St.,

UNDIVIDED PUOWT8

(ineliirting Guarantee «n4
Reserve Funds) £441,089.

Letters of Credit and Drafts Issued on the 8T
branches of the Banli in the Colonies of Queensland,
New South Wales, Victoria, South Australia, Tasmania, and New Zealand. Bills negotlHted or sent for
Collection. TeieKraphlc tran.sfers made. Deposits
received in London at interest for fixed periods on
terms which may be ascertained at the office.

PRIDEAUX 8ELBY,

Secretary.

Nederlandsch Indischc
Handelsbank,
A ntSTERD An, HOLLANU.
ESTABLIgBEn IN

1863.

Pald-Up Capital, 12,000,000 GnUdera,
($4,800,000 Gold.)

HEAD OFFICE
Agencies

AMSTERDAM.

IN

ii, Batavla, Soerabaya and Samarang
Correspondents In Padang.

Issue commercial credits, make advances on ship
ments of staple merchandise, and transact other

business of a financial character in connection
the trade with the Dutch East Indies.

irltik

BLAKE BROTHERS

dc 0O.»
Agents fob North America,
18 wall street, new york.
us state street, boston'

Adolph Boissevain & Co^

BANKERS
ANP

mERCUANTSv

COininiSSION

AMSTERDAM. HOLLAND

Lichtenstein,
cor.

NEW

Rlakb Bbos. k 0»

Hong Kong &

Shanghai

CAPITAL (paid-up)

BEAD

OFFICE,

Excbauee

A.

ni.

Place,

TOWNSEND,

H. Latham

F.

W. PSBBT.

&

Co.,

St.

AGENCY OF THE

Bank

SPECIAL PARTNER,
Berlin.

H. LATHAM.

Agent, 47 William

Canadian Bankers.

YORK.

DEUTSCHI. BANK,

J.

HONO KONO.

Shanghai, Uankow, Yokohama, Uiogo. San Francis.CO and London.

Telegraphic Money Transfers.
Bills of Exchange and Issue Letters of
Credit on all principal cities of Europe.

J.

$S.0O0.(XW
1,800,000

RESERVE FUND

The Corporation grant Drafts. Issue Letters of
Credit for use of Travelers, and neKotiate or collect
Bills payable at Bombay, Calcutta, Singapore, SaiKOD,
Manila, Hong Kong, Foochow, Amoy, Ningpo,

BANKERS,
St.,

N. Y. Correspondents— Messrs.

Make
Draw

Newr Kork.

BILLS ON LONDON.

New York
>')^^

banking CORPORATION.

Knoblauch

EDINBURa, AND BRANCHES;

JOHK

B

given to American Securities.

MANCHESTER & COUNTY BANK,
ULSTER BANKINS COMPANY,

Yori^ \linini'

B. E.
JOINT AGENTS

BANKERS,
10 Tbrogmorton Ave,, London, Eng.

&

and Vew

GOADBT &

H,

J.

LONDON:
Wh. Russell Wise.

William Heath,
Charles e. Qdincet.

CBKDITB FOE T&ATXI.SBB,

Co.,
J.
88 NASSAU STREET.
BILLS OF EXCHANGE ON
niTH, PAYNE & SraiTH'S,

J.

Special attention paid to oriera at the

8tncl< Klchantre

New York.

AND

Co.,

No. 8 ^all Street, New York,
Ho. 4 Poat Office Sqaare, Boaton.
CBEQDKS AND CABLE TRANSFERS ON
CO.,

Co.,

GABLE TRANSFERS, BILLS OF EXCHANQE

Exchange and make telegraphic
tnuufers of money on Europe and CHllfomla.

niDNROE &

&

FOREIGN BANKERS.

Bill! of

John Munroe

IN

Union Bank of London.

BOSTON, MASS.,

Pkyable In anj part of Europe, Asia, Africa, Australia and America.

BROKKUS

Foreign Exchange, Stocks and Bond8>
63 Wall Street, New York,

York.

Sound

Cor. Tf all and Nassau Sts.,

TORE.

B^

Hilmers,McG()wan&Co

Co.,

commission.

Issue Letters of Credit for Trarelers,

Draw

&

BANKERS,
William Street, New

Kidder, Peabody

BANKERS,
BROADWAY,

Haiiibui-g.
Commercial and Travelers' fredits. Bills of
change, Cable Transfers.

STERLING EXCHANGE, CABL»
AMSTERDAM. BUY AND SELLTRANSKKRS,
ETC.
ISSUE COMMERCIAL CREDITS. AVAILABLK
IN ALL PARTS OK TUE WORLD.

-

Accounts and Agency of Banks, Corporations,
Brms and Individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends also as transfer agents.
Bonds, Btoclts and securities bought and sold on

No. 94

HEW

-

;

BARING BROTHERS & COiHPANT,

J.

LONDON.
J PARIS
>

Jesup, Paton

BETWEEN

S.

London.

Mesara. John Bcrrnborg, Gosaler Sc Co.,

money and draw Exchange on

OF

abroad on all Doints In the United States and
Canada, and of Drafts drawn In the
United States on Foreign Countries.

York.

London (Llmlled>

ol

;

BILLS OF

And

Bank

Co.,

COR. OF CEDAR,

EXCHAlVCiE MORTON, ROSE & CO.,
ON GREAT BRITAIN AND IRELAND, FRANOB, HOTTINGUER & CO.,
OBRMANY. BKLGIUM. SWITZBRLAND, NOR- CREDIT LYONNAIS
WAY, DENMARK, SWEDEN AND HOLLAND. AM8TERDAMSCHK BANK,
Issue Commercial and Travelers' Credits
ly SIERLINO,
ATAtLABLS IN ANT PART OF THE WORLD.
TRANSFERS
HAKE TELEGRAPHIC
MONEY

New

Strret,

COBRESPONDENTS OF THE
InternntlouRl

.Vlso

mOROAN

OLD BROAD

22 William

21 Nnaaau Street,

world, through the

niESSRS.

Ruckgaber,

BANKERS,

Issue Travelers' Credits, available In all parts of the

ATTOBNSTB ^WD AeXNTfl OF
dc CO.,
nesara. J. 8.
No. S2

&

Noa. 19

&

Schulz

Co.,

BANKERS,

BoQlevard HaussmaDi)

Pb<lad«lpbla.

&

Co., August Belmont

Drexel, Harjes

Co.,

BoiTTB Tbiu> St.

Foreign Excliango.

Foretern Excliaiiijc.

&

Morgan

[Vou XXXIV.

OF

British

North America^

No. S2

WALL STREET.

UNITED BANK BUILDING,
2 WALL STREET.

Buy and sell Sterling Exchange and Cable Tran^
fers. Issue demand drafts on Scotland and Ireland

INVESTMENT SECl'RITIES,

also on Canada, British Columbia, Portland, Oregon,

Cily, Kailroad <t MisuUaneous Slockt

and Bcmds

FOREIGN EXCHANGE.

San Francisco and Chicago.
Bills collected and other banking business trana
aoled.

n.A.McTAVlSU.i{ Agents
W. LAWSON.

Uxncn

Merchants Bank

miUii

Baakers.

Boston

Canadlwi Bnafcew.

&

Brewster, Basset

Co.,

BANKERS,

«>r i;A:v\i>\.
to.ttOO.OO* I>ald Up.
HAMILTON.
nwMUllth* Uon JOHN Mcl,KNSAN.
iaiq..M.P.
^nH!S*f«iHH>nt.JOIlN

Capital.

m

THE OHKONICLE.

\H 1899.

•

S5 OONCiRRKS

No.

HTRKBT,

BOtt'TOS.
MBMBSBS or TUR NSW YOKA AMD BOSTON

BANKKRS:

STOCK BXCHANGBS.

OFFU'B, MONTUKAL.
Banking Comp'x.

LONDON, KNO.-Tho
H«W VOKK-Tho Bunk "f Nuw York. N. U. A.
Th« Maw York Assnor bnjrs and aalU Btarllnc <ayili'«.liil«

ohanm, t'lMit Truni>for>. luuaa Cradlu a'allabla In
all paru nf tho world, mukoa oollaotlona In Canada
anifalMwhrrf. unil iimui'it Dnirti parabla at anr or
onicva <ir tin. bnnk In i uniula. Damand Uimfia
Uaaad pa7at>l*> In Scotland and Iraland. and avatT
daaorlptlon of fi>rolKn biinkinic builneainndartakan.
Aiencr.
IIICNHY

&

Parker

DEVONSHIRE STREET,

No. 60

Na. S3 DKVON.SIIIRK

nKenoll,

Aienti

In

London

:

I

BSSANQDIT. aai.TftCo.,
TS Lombard Street.

I

A«ont« In New York:
Ba.vk Or MoNTasAI..
Wall Street.

M

Promptaat attention paid to collecUona parabla

ApproTed

40

•

C. F.

SMITHERS,
W.

IfEir

&

No*. S9

:

Ik* Dominion of Canada.

Oflice,

No. 9 BIrchIn Lane.

Gzowski & Buchan,
......

Prompt attention giTen to Collection of Coromerand Cunnd^an Kunds on all points In Canada; Amertcan Hnd Hterlina Exchange, and stocks.
elal Bills

Bonds, etc., bought and sold.
Oorreapondenta— Bank of Mew York.
•ad A iiianca 3ank. London.

Now

York

CalUornia Baiiki.

The Nevada Bank
OF

SAN FHANCISCO.
Agency, 64 Wall

Mew York

U.
•4,000,000 OOLX>.

eSOBOB

t..

8.

BRANDER,

St.

BONDS,
Acent.

nsuas Commercial and Trurelers' Credits. araU*
nut of tha world. Draws Kxohanga,
Foralgn and Inlan^and makes Transfers of Monar
kr TaTasrapb and (»Ma.

TUK

Anglo-Californian Bank
(LIMITID).
Head Ofllca, 1 Anstf Court.

LONBON,
BAN FHANCISCO Offloa. 4« CaUforala St
RETV YORK Agents, J. AW. aehsmaoAOe.

BOSTON Oorrospond'U, MasaaoliiiMna N. BX
•

•

$6,000,000.
1,T00,000.

Transact a general banking bnalnaea. Issn» Com.
areial cradlu and Bills of Kzokanga. STaiiabla la
all parts of the world. CollaoUons and orders (or
oods, Stocks, etc.. executed upon tba most (aror

FKKD'K
r. K.

r.

lcluntuaC r

LOW.

1

m.„„._

Informstlon on all classes of Southern Secorltlaa.
especially State Bonds. Tax Coupons. Ac
Cor-

HARRIS A RHIND,
STOCK AND BOND BROKERS,
Buy and
outrltfht or

&

sell all kinds of inrestment Securities
on commission. Information furnished.

li^cstem Bankers.

805 OlilVK

STREET, ST. LOUIS, mio^

Texaa, ArkHnsaa and Colorado Boiui.it a speclaltTe
Fall Information Kiven In reference to same on aplloatlon. Coupons and dividends collected.

113 Na Third

P.

BtldTlinORE.

0.60x313.

Depoaltfl recelTcd Babjcct to check at slfffat.
Interest allowed on daily balances.
la

and

^c, bought and sold on commission

any city. Parlicftihir attention given to Information re«ttrdtn« investment Becur.ltos.

Wilson, Colston

&

Co.,

Leo.vabo Matthkws.

Matthews

Correspondence solicited and Information fur*
nislied.

N. Y.(-uRa«:4P0N'n«VT»— McKIm Brothers

A Oo

shokmakeb.

Dealers In all Issues of United States Bonds.
InTestment Securities a specialty. Correspondence
InTlted and titU Information upon flnandal subjects
furnished.

A. P. Turner & Co.,
BANKERS,
Place, PUILADELPDIA.
Goremment. Mate. Municipal and Railwar Bonds
and Stocks bouKht and sold at all the B.<cnanges.
Investments pnidentlr made In sound railway saonrltles. Collections promptly attended to.
Correspondents carefully represented at Anettons
and Prlrate Sales. Bonds of good but not wellknows railroads always wanted for Inrestments at
tbe beat rates. Orders on marslns not entertained

Walnut

Southern Bankers.

P. ^^iller

MORTOA«E LOANS upon ImprOTed
the best portions of Kansas and MIMoncl.
from three to six ttm-s the amoun* loaned.
IntereatTand 8 per cent seml-annuHl. and always
co'lected and remitted to investor frt.>u of charge.
Over a milll<->n dollars loaned and not adollsr loatSavlilgs banks, c.'lleges, estatea and private indlvlduals who want SAKE and PROKITaBLB invea*ment«, write for circular and full Information.

&

farms

In

w.irtb

John FBAJfCIB, Cashier.
A. Pbescott. Pres.
P. I. BuXkduake. V-Pres. E. B.PB£8Con,As.Caah.

CENTRAL

BANK OF KANSAS,
sccciasoBs TO

FRKSCOTT &

A.

BANKERS,

Capital,

CO.,

TOPBKA, KANSAS.

S100,000

Municipal Bonds and Mortgage Loans Negotiated.
A
Bight per cent Parm Mortgaaas a spadaltv.

(GENERAL BANKINO BUai!«SM8TRANbACTBD.
Collections
tentlon.

and correspondence reoaiva prompt

a(>

_,

CoBBtsroN'KENTH.— Boston. Natloaai Bank of
North Amerloa; .New York, Amertoao STehanga
National Bank and Ninth National Bank: Chleago,
Preston, Koan A Co.: St. Louis, Third Nattoaal
Bank Kansas City, Bank of Kanaaa City and Marehants' National Bank
S. K.

PBXXBU

Presldaat.

Co.,

BANKERS,

nOBILE, ALABAnA.
payment

Oorraspondanta.— Natlooal Bank of State of
York. New Tork Louisiana National Baak.
Ortaaosi Bank of Urarpoal, UTCrpooL

f

t

STATE BANK,
Uoorporatad

UTTS.

WALAM

{C.T.
OMhiar.
I

German Bank,
LITTLE BOCK, AKK.

Bpeelal attention paid to ooltecttons, with prompt
ramltiaaoee at omrrant rataa of axefaaiiga on oay of

:

Co.,
Jarvis, Conklin
KANSAS CITY, MISSOURI.

;

TaOS.P.IUU.CB, B. D. WILLiaHS. JKO. W.MIIXIB
OHAI. B. MIU.BB.

Thos.

IN

State, City, County and RR. Uonda A: Sloeka.
Orders reoelye prompt and i^rsoaul attention.
Correspondents, Messrs. MuxwelL A Uruves. New
Turk City, and Messrs. Blako BrotoTl-s A Co.. New
York and Boston.

FIRST

Shoemaker,

BANKERS AND STOCK BROKERS,
St.,
rUILADELPUIA.

No. 207

Whitaker,

&

Philadelphia Baiiltcrs.

&

&

BROKERS AND DBALKUS

speolaltr.

Thomas

Eowart^s Whitaker.
Member N. V. Stock Exch.

ST. LOUIS. MO.,

and VIRGINIA SECURITIES a

Jos. M.

I.V

Western and Southwestern Municipal and Railroad
Bonds or Stocks.
Defaulted bonds a specialty. Choice Investment
securities alwayn for sale. Write to us before you
buy or sell any Illinois. Missouri or Kansas bonds.

BANKERS AND BROKERS.
INVESTMENT

Co.,

Street, St. Lonla, Mo..

DEALEBa

STREET,

&

John V. Hogan

BANKER AND BROKER,
GERMAN

Co.,

First-olasfl Western Investment 8ecnrttle> for
•ale. 8t. Louis City and Htaten of Missouri. Kant««,

Seth H. Whiteley,
No. 27

&

P. F. Keleher

Sons,

134 Soutb Third

gbla In any

Aathorfud Capital, •
Paid np and Reaarre,

Co.,

TRANSACT A OENERAL DOMESTIC AND I OR
EIQN BANKINO BUSINESS.

Oko. C. Tiicuas.

BDBFLUB, nrVEBTED" IN

&

BALTIMORE.

CANADA.

JOUM P. BRANCn. Prealdaot.
K.Oi.CN.s, Casta. Kbcd. R. tlcoTT,Vtc».Preet.

JonN

respondence solicited.

BALTIMORE.

Babxsbs A5D Stock Bboeebs,

TOROSTO,

Naw York

BANKERS,
SOUTH STREET,

Stocks, Bonds,

lOBdon

made on all Soaihera points on beat
prompt retaraa.

AUGUSTA, GEORGIA.

Robert Garrett
No. 7

Bnr and tall StarlInK Bzchanga. France and Cable
TnuufansKTant Commercial and Travelers Credits
•aliabU In anr part of the world Issne drafts on
and maka oolleetlons la Chlcaco and throushoiit

:

IN GOVERNMKNT SECURITIES
Countr and Railroad Bonds.

Manager.

YORK OfFICS,
WALL tiTREBT.
Waltkr Watson. ( .irani.

MERCnANTS' NATIONAL BANK.

THOMAS BRANCH A

Baltimore Bankers.

61

VBRMILTB A 00.

Order, and correspondence solicited.

President.

BUCHANAN, Oeneral

J.

CO.,

A.

STOCK BROKERS.
RIOUMOND, VIK<;iMA,

DBAUKHS
State. Clky,

$13,000,000, Cold.
6,000,000, Oold.

HAURV

B. U.

CO.,
BANKERS AND COMMISSION MERCHANTS.
RICHMOND, VIRGINIA,

STATE STREET, BOSTON.

Bank of Montreal.
•VRPLUS,

Co.,

BAHKKBB

old

-

&

STREET,

A. Sweet

C.Kas.

BT part of Canada.
Canadian

OAPITAI.,

MATIOMAI. BANKIMO AmoCIATIDM.
CHABLKMTON, M. C.
SPICtAL ATIINTIOlf OITUT TO COLLIOnOVI.

Collections

Orders for Stocks axeoutad In Boston.
and othpr mark*'..

In

boilneia paper, parable Id
or ourrenor. dUoounted at the Head uracaon
raaaonablu terms, and proceeds reiuiitmi to anr
part of the United State* br draft on New York.

BANK OF CHXbLESTON,

terms

BOSTON.

BRAtfOBBS:
I

parts of the United Btataa

RICHMOND, VIRGINIA.

BOSTOX.

HKAD OFPICK. TORONTO.
ThomM.

all

prumptlyaltanoad to.
MawTork Corraapoodaat.

Imperial Bank of Canada Tower, Giddings
CaplUl. $1,000,000.
BANKERS,
a.B. aOWLANU. Prea't U. K. WILKIK. Caatalar
Walland. KerKUs, Woodxtock, VVinnlpfki. .Man.
Oaalan In Amerloan Currancj ASiortlnK h^chawa.

made on

WM.e.Co(;BTNir,Praa. BBUirrH.PBiifoLk.OMk

Buy and sell QoTernment, Htste, Municipal and
Kallrnad Bonds and Stocks. Ac. Virginia HtateTax.
ReoelTabla Coopona boogbt and aold. All ordacs

Stackpoie,

BANKERS,

I

at. Cathaiinat. Port Colborno. 8t.

WALkaa. «;aaaiar

AI.ao,

4M KxchKBca Plae*.
HAdUK.
Airsnil

Ohlcm«« Branch, 13M Wnaklnstan Straat.
J. 8. MKUEUITli. Manacar.

A. K.

First National Bank,
WILBIINOTON, N. O.

Oralrra In (Hanlclpnl, Htnir. Rallraad and
tinlled Hlalea Banda.

tn

M»w Yark

BaakerB.

ttoaaoaa, rraet.

Colleetlons

ttaORAB HACCK. Oeneral Manuar.
WU. J.INUHAM. A«al>tania«n«nl Manxtr.

nVAn

B. B.

New
Maw

CAPITAL (Pald-la)
SURPLUS, ... .

...... 9TS,—
»I,SO«

Promi>t attaotloa given to all baslnaas la oar Una
"
* Oa.,
-Doaaail, lawsoa A
N. T.CoaaaaposiDvrra—DoanaiLl*

and Ika MauupoUtaa vaUooal Soak.

,

THE OHRONKJLE.
Wc§teni Bankers.
A. L. SCHMIDT, CMhler

Oao. A. IiXWIB, Pr J8't.

Bank,

First National
U.

UNION

Mortgages on Farms

DIKECTORS' OFFICK

Cash.

THOKNTON & SOM,
(Estaullshed
BANKERS AlVD BROKERS,

Shelby and adjoining Counties
of ?«»«'''„„
wid Proceerts remitted on I>ay
Banko*Cpniraerce,New

„„

KKKERBNCES-Natlonal

Bank

Union National

<

'nSl"°i!'-'^h^l„*
Traders' Bunk, Chicago.

Nat.'.Jnal

R.

New Tork

ALL EXPENSE and SHIELD INVESTORS,
FROM LOSS. TITLES QDAUANTiSEO. ALL
BONDS PROMPTLY PLACBQ. Write for circu-

TEXAS RAILWAYS,

^

Day

&

Director.

Field,

BANKEBa AND BR0KEK3,

Stoot

BONDS, LANDS,

MILTON, Actuary.
A. FOSTER, Medical

THOMAS

Kxclianffe.

]• C. chew,
WALL STREET, NEW YORK.

Now

No. ir

Street,

130

La. (ialle Street,

CHICAGO.

NEW TORK.

Stocks and bonds bought and sold for cash or
on margin.
Interest allowed on deposits, BUbject to check at

&c.

Desirable Texas Securities lor Investment corBtantly on han6

»& SPRINGTNDIANAP01.IS DECATUR
Vl\<llA) KAU.KOAD COMPANY
1
,^„ „
FIRST MORTGAGE PKll CENT KOKTV-YBAK
REGISTERED.
OR
BONDS, COUPON
INTEREST PAYABLE APRli. 1 AND OCT. 1.

sight.

WESTERN MUNICIPAL AND BAILKOAD BONDS:

^

(J

I«auedattherateoe JILSOO per mile, solely for the
purpose nf redeenuDK tue b.Iunce or outstanding Siiilting h und 7 per cent bonds
of

tl'is

Compjiny.

These qonds are, with the -jui standing 73, a flist
lien on 352 miles of road and its equipment, and

recommend them^elvps as a flr&t-class investment.
The railroad of this Compuny is now operated by
the Indiana Bloomlnpton & Western Kiulway Com-

rtanyundera minimum guarantoee of $^00,000 net
come per annum, amountint' to nea ly twice the
annual interest on these bonds. It Is estimated
r,

that the completion of the projected extension
westward will more than double the presont net
earnings and leave a large surplun over Qxed Interest charL es.

We offer

a limited amount of these bonds at 103
and accrued interest, subject to advance uf price
without notice.
FAHNESTOCK & CO., 2 Wall Street.

OFFICE OF CHICAGO

ST.

52

New YoRK.Murch 10, 1882.
of ONB AND THREE-QUARTERS

B»OAi>WAT,

A

dividend

has been deoiared upon the preferred eapitaJ stook of this company, payable April

Pec Cent

(19^)

20ib 1888, to stooltholders of record March SIst inst
The transfer books close March 31st and reopen
April 2tth, 2882.
R. P. FLOWER.
Treasurer.
,

w

ESTKRN UNION TELEGRAPH
COMPAHT. New York, March 8, I8S2.
DIVIDEND No. 59.

The Board of Directors have declared a quarterly
dividend of One and One Half Per Cent upon
the capital stock of this company, from the net revenuea of the three months ending March 31st inst
payable at the office of the Treasurer, on and after
the 15th day of April next, to shareholders of
record on the 18th d,ay of March instant.
The transfer books will be closed at three o'clock
on the afternoon of the ISth of March Inst., and
Te-opened on the morning of the 17th of April next,
R. H. ROCHESTER, Treasurer.

&

rkFFICE DUBUQUE
*-' RAILROAD

SIOUX CITY

COMPANY,

No. 58 WILLIAM ST.,
N«w YORK, March 7. 1882.—NOTICB.-A SemiAnnual Dividend of THREE PER CENT has
this d.vy teen declared upon the stock of this
company, payable on the 15tb day of April next.
the office of Messrs. -Jesup, Paton & Co., No. 52
William Street, Now York, to stockholders of record
at the closlDK of books.
The transfer books will be closed on the 31st
OBt. and re'Op«iie(l on tho 17th of April next.

^

J.

B.

Chicago City

7s,

Cook County 78,
West Park 5s and 7s.
Llnooln Park 73,
Macoupin County, III., Cs,
Chicago Burlington &Qutncy R. R.

48

Chicago Mil-vaukee & St.
Chicago Milwaukee & St.
Wabash 5s, Chicago Division,
Chicago &. Northif estern 5s,

WANTKD.

of Clay County,

111.

1V1L.1.IAIH O. OOLiE,
DEARBORN STREET, CHICAGO.

DUMONT,

Treasurer.

OFFICB OF THE HOraESTAKB

Alb.i Sus. RR. 1st con. 7s Lake Shore RR. 7s,
Allan. & Pac. RR. Ist 6s, Mich. Central RR. 7s,
Cent. Pacific RR. gold 6s, Morris & Essex RH. 7s, '
N. Y. Central RR. bonds.
Chic. Burl. & Q. RR. 7s,
Chic. Mil.* St.P. RR. bds. N. Y. & Harlem RR. 73,
Chic. & Northw. RR. bda., Ohio & W, Va. RR. 1st, 7s,
Chic. R. 1. cfc Pac. RR. 8s, Scioto Valley RR. 73,
St. Paul M.& M.RR. 1st 7s,
O. C. C. & I. RR. con. 7s,

& Hudson 79,
D^. Lack. & W. RR.
Erie RR. bonds.

Union

Del,

7s,

Pacific

CHICAGO & EASTERN ILLINOIS RB.

COMPANY (EXTENSION)
FIRST MOKTGAGE PER CENT DOND..
an absolute fifty-year bond,
Due December,

CO.,
Bankers and Members New York Stock Exchange,

KIDDER &

With A. M.

BEOADWAY.

Kountze Brothers,
BANKERS,
130 Broadnray (Eqnltable Bnlldlng),

NEW YORK.

LETTERS OF CREDIT AND
CIRCULAR NOTES
Issued for the use of travelers in
all parts of the world.
Bills drawn on the Union Bank of London
Telegraphic transfers made to London and to
various placeB In the United Slates,
Deposits received subject to check at sight, and interest allowed on balances.
Government and other bonds and investment b&>

bought and sold on commission.

Car Trust Bonds.
WE MAKE A

CO., Bankei*.

NEW YORK LACKAWANNA & WESTFIRST MORTGAGE SIX PER CENTBONDS OF 1921.
Interest payable semi-annually upon the first
days of JANUARY .ind JULY.
This road forms with the lielaware Lackawann*
k Western Railroad a direct through line from

NEW YORK TO BUFFALO.
The Mortgage
as well as

is

a

upon the equipment,

first lien

upon the Road.

FOR SALE BY

MOsJGS

TAIXOK &
53

CO.,

WALL STREET

FOR CHOICE

Mortgage Loan^s,
INDIINA

SOUTHEUN

8

FEB CENT,
EU CENT,
•

WHITE

FRAXCIS
rnilinnnpollK.

curities

1931.

Issued at the rule of only $18,000 per mile on
extension to a connection with tho DANVILLE
OLNEY & OHIO RIVER RR., and a direct obligation of the CHICAGO & EASTERN ILLINOIS RR,
CO. Issue only Si30,000. A limited amount for
sale at 102 1-2 and interest, the right being reserved to advance the price without notice. Other
ch.lce investments.

RR. dd & ^,

United N. J. 63,
Pennsylvania UR. bonds

BOUGHT AND SOLD BY
». A. EASTO-\,
With BOODY, McL.EI.LAN <Ss
5»

CO.,-

LOAN BROKERS,
KANSAS ClfY, MISSOURI.

ERN RAILWAY COMPANY

BOUGHT AND SOLD.

109

&

JARVIS, t;o\Ki>iv

18

and 59,
P. C. & P. 58 and 6s.
Paul, Dubuques,

The defaulted bonds

and full particulars, s'ating :vmnunt you would
wish to inv ston sutisfactory evidence us to ?ecuritiee, titles, &c. Adress
lar

T. WING,
CHAS
WAIili STREET.

PAUL MIN- COUNTY, CITY AND TOWN BONDS.

NBAPOUa & OMAHA RAILWAY COMPANY,

of MAKIN'aONLY
of collecting the interest and prinFREB OF
investor?.
remitting
to
cipal and
CHARGE, and in case of any tr,'uble or delay in
making such collections, AGREEING TO STAND

We assume the responsibility

JOHN eTTibWITT, PrcBiUeut.
DANIEL SHARP, Vice-President.
HB.N 11 Y D. SMITH, Secretary.
NICHOLAS DK OROOT, As8t Sec'y.

And

Colbron,

B.J.EiaBAU., A.B.LOUNSBBRT, p. E. BALLABD
Members of N. Y. Stock Exchange.

No. 7

We negotiate Ijanson Improved and producilve
farms In the beat portlitns of Kansas and Missouri
worth from 3 to 5 times the amount loaned.
Acknowledged to be the most SAFE and PROF.
ITABLE form of Investing money known.
In un experience of m-iny years and loaning over
a million dollars, not one dollar lost.
SAFB LOANS;

Co.,

J.
BANKERS AND BKOKEKS,
No. 25 Naiwau Street, New York.

Thirteen Years' Membership in

Semi-Annunl Interest to Inyestors.

DOLLARS,
FOUB MILLION
for Dividends,

A. G.

&

Estate,.

NETTING SEVEN PER CENT

THREE AND ONE HAl-F MILLIONS.

Financial.

Kimball

Kansas City Real

1849.

$28, 915, 136.

Bank,
Indiana Bar.kinii Company. Indiiinapolis.
St. l.uuis.

AND

PORTLAND.MAINE.

Paid Death Losses, since Organization,

SHELBYVILLE, ILLFNOIS.

York.

-

*7,OT8 720 T8
648,497 27
Surplus (N. y. Standard)
Death Losses Paid - - 5,645.224 62
Dividends Paid - - - 3,866,361 83
15,776 Policies In force. Insuring

1859,)

In

-

Asset.

F.

ColiectloDsmade

-

ORGANIZED

Proceed

Accounts

WM. W. THOBNTON.

THOS. M. THORNTON.

MA I NE.

OV

collectlonB.
8pecl«l attention ulvento

promptly remitted at best rates.
Banks and Bankers solicited.^

W.

rinaiiclal.

Mutual Life Insurance Co.

KENTUCKY.

xxxrv.

Financial.

DEPOSrrOEY.

B.

L,om8VILI-K,

[Vol..

S.M1TI1

Inil,.

w

A

ai.il

J*

T

&

CO.,

niontgninerv,
i:

Alu.-

n

TO PUBCILASB ALL CLASSES OF BONDS
OF THE
nnd .tlleirheny, Pn., and'
County of AllcgUcwy, l*n.
Brok.en,
B. HILL & CO.

Cities oJ Pittsburc

GEO.

PITTSBURG, PA.
Speticcr Traak
Fred. B.
Geo. F. Fedboay.

Noyw.

Spencer Trask & Co.,.
BANKERS AND BROKERS,.
70 Broadway, New York City.
Transact a general Banking Bnsinesi
Stocks Bought and Sold on Margins.

SPECIALTY OP THESE VKRl
Nbw SAFB SECURITIES, AND BUY AND SELL SAME
Interest allowed on Deposits.
AT MARKET PRICE.
Branch Offices,
DIVIDEND NO. 43.
WB OFFER A LIMITED AMOUNT OF DESIRConnected by Private Wires,
The Re«rnl»r Monthly Dividend of Thirty Cents ABLE CAR TRUST ISSUES, ADDITIONALLY
ptt (bare has been declared for February, payable SECURED BY THE DIRECT OBLIGATION OF
Philadelphia, 132 S. Third St., C. F. Fox.
at the office of the transfer agents. Wells, Fargo U TBE RAILWAY EQUIPMB.NT COMPANY.
•O., 65 Broadway, on the 25th instant.
Albany, N.Y., Maiden Lane, W. A. Geavbs.
POST, MAKTIN Sc CO.,
TfWlffer books olose on the 20th instant.
^"^
6ftr»t04f»» N- ^" ®"^*"^ ^""^^
B> 8> PAKtiONS, AMitMt B«or«tarr.
84 riK£ BTBEET.
MINING COMPANY. No,

TOBK, March

13, 1682.

18

WALL

St.,

W xtmtk

AND

HUNT'S MERCHANTS' MAGAZINE,
KBPRKSENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATKP.
fEntcrcd, aocordlng to

VOL.

Mt of ConKresB, In

the ye»r 1882, by

Wm.

P. X>ii«A

A

Co., In tlie otBce of the Librarian

SATURDAY, MARCH

34.

CONTENTS.

these

THE CHBONICLK.

. .

THE BANKERS' GAZETTE.
Honey Market. Foreign Exchange, U.S. Securities, State
and Kallroad Bonds aud
Stocks
30,S
Range In Prices at the N. Y.
Btook Exchange
309

|

QiintationsotStocksandBond!! 310

Nfw York

311

l<ncnl Securities

Kallroad Earnings and

Bank

Uttums

312

Invosimenus, and State, City
aud Corporation Finances... 313

THE COMMERCIAL

TIMES.

Oommerolal Epitome

318

Cotton

318|Dry Goods

I

325
326

Breadstnfts

probably

day morning, tcUh
I

Entered at the Post

llie latest

Oflloe.

newt up

to

Uaued every Satur-

midnight of Friday.

New York, N. Y., as second-class mail matter.

and worth

in the

tion given

for

that

it

for

IN

$10

;

20.

6 10,
78

£2

Monev Orders.
on the same Is 18

Volumes bound for snbscribers at $1 00.
Iilverpool Ofllee.
The once of the Crboniclb in Liverpool Is at No. 5 Brown's Buildings, where subscriptions and advertisements will be taken at the
regnlar rates, and single copies of the paper supplied at Is. each.
cents.

wnJJAM
JOBS

a.

B. DilNA. {

WILLIAM

FLOTO.

7B

ft

B.

DANA

<c

be

accepted

a

decline

had,

among

Mr.

Gould had been
and moreover

that

that

own

his

as

true.

The

other

misrepresen-

specu-

specialties,

he had

disposed of his

share

a

free

it

was

property

because he was really embarrassed by reason of the heavy

1 8s,
eulMorlptlons will be continued' until ordered stopped by a written
ardtr, or at the ptiblicalion oglee. The Publishers eauuot Ije responsible

for Remittances unless made by Draft-s or Pos^Oiilce
A neat lUe cover Is furnished at 50 cents postage

The explanaso reasonable

|

ADVANCEi

For One Year (iuoludlng postage)
ForBlxMonths
do
Annaal suhseriptlOB in London (including postage)
Blx mos.
do
do
do

market over $43,000,000.
making this disclosure is

may
stated

of

alleged

load

TERMS OF SUBSCRIPTiON-PAYABLE

altogether representing $53,000,000 par value,

railways,

seller
i»

most important was the exhibit of
to a few friends interested

made by Mr. Gould

him in sustaining prices.
The certificates shown are said to consist of 230,000 shares
of Western Union, 120,000 of Missouri Pacific, 60,000 of
Manhattan Elevated, and 20,000 of Wabash, besides
$10,000,000 of bonds of the New York and MetropoliUn

tations,

Chboitiolb

the

873.

to a greater or less extent with

lators

Thi Comiibboul and Financul

NO.

1882.

18,

securities

The Financial SItuutlon
306
301 TiiB Next Ccttim Crop
On)wth In Trunk I,iiioTm(Bo. 303 .Monetary and Commercial
Mr. Adania and Kallroad Man307
KiiKlieh News
ageninnt
304 Connneruial and Miscellaneous
The Now .Situation lu Egypt. 303
307
News

o IConKmM, Wucbtnglo

CO., Pnbliiliers,

WilUam Street, NEW YORK.
Post Okfice Box 958.

81

he was carrying.

The

decline

in

Mr. Gould

naturally expected that, unless

had

it

was

some
as was

motive for pursuing a contrary course, or unless,
alleged, he was compelled by necessity to abstain from
protecting his properties, he would exert his powerful

The fall in the Gould
was therefore having a very demoralizing
Even those who had been
effect upon the market.
endeavoring to check the semi-panic wore almost inclined
It is related
to credit the stories which were current.
that a friend of Mr. Gould remonstrated with him for
longer remaining silent, and urged him to make some
influence to arrest the decline.
specialties

positive declaration regarding his position.

THE FINANCIAL SITUATION.

his specialties,

noticed last week, gave color to these reports, for

He, doubtless

thinking that the most effective reply to the stories of his

There has been a decided improvement in the situation failing condition and of his having sold out his own stocks,
week, both at home and abroad. The political differ- would be the submission of ccnlar proof, made an exhibiences which seemed to threaten the peace of Europe have bition of the securities above enumerated. The effect upon
in good part been explained away, and although it is by the market was immediate; the speculators for a decline who
no means certain that war will not in the end grow out of had been boldly attacking the Gould specialties, ceased
the existing irritation, it does not appear that a conflict is their assaults, some of them hastened to cover their short
With regard to the financial affairs in contracts, and others sought to create a diversion by attackat all imminent.
Europe, it may be said that there is now scarcely a trace ing other properties which were not so well or so powerthis

of the disaster which lately befell the French people.
lion is accumulating in

the banks at

all

Bul-

the principal

Denver & Rio Grande was one of these,
upon it was so fierce that it yielded
as it fell the whole market was more

fully sustained.

and the

assault

centres of trade, and they are becoming even stronger than

readily, and
everywhere or less influenced.
The object of the attack was
abundant, and apparently no solicitude is felt with regard soon made manifest, and, as it was not renewed, the
to the future, except perhaps growing out of the possi- market recovered, and it was generally strong on Wedbility of political disturbance, and that event is so improb- nesday.
able, or at least so remote, as to have very little influence
On Thursday there was another revelation. Mr. Van-

they were before the panic.

Hence money

is

in unsettling confidence.

In our own markets there have been not only the ordinary
favorable influences acting, but special events have transpired which have tended to rea^uro the public. Among

a pubhshed statement, declared that the railroad
war had been practically settled that a pooling arrange
ment for five years had been made; and that the decision of

derbilt, in

;

the advisory commission will be so eminently just that th*

..

«

.

THE CHEONICLR

302

managers will accept it without a word of dissent.
Furthermore, he gave his views of the value of his own
properties, saying that he is prepared and intends to proThis
tect the stocks of roads with which he is identified.
or
had
and
will
have
more
doubtless
and
was important
But Mr. Vanderbilt has
less influence among investors.
been accused, whether justly or not is at present of no
railroad

—

moment

particular

since

widely believed

is

it

— of

XXXIV.

gold has been sent to Europe and the domestic exchanges
at "Western and Southern points are so strongly in favor of
this

centre that currency and gold are flowing hither.

Still

there have been some shipments, as will be seen

almost wholly to near-by places

below, but they are

The Treasury operations
which

is

for the

week

resulted in a gain,

The

a loss to the banks, of $353,331 04.

follow-

ing will show the extent of the interior movement.

per-

mitting a ruinous railroad war to be waged during nine
months, while he not only took no step to protect the

was

[Vol.

Receipts at anil Shipments from y. T.

Currency
Gold

Received.

Shipped.

$2,247,000
20,000

$1,142,000
105,000

which he
and thereby exciting the distrust of investors
Total
$2,267,000
$1,247,000
not only here but in Europe. "We do not know how far these
The Bank of America received $2,400,000 gold during
statements are true, but they are at least believed, and if
investors who are reminded of the conflict, its causes and the week for the associated banks.
The bank statement of last Saturday was again made up
results, now hesitate about placing implicit confidence in
Taking into consideration
rising averages for specie.
on
Mr. Vanderbilt's present judgment regarding the market
export
last
and
the
Saturday
of $750,000 gold, the
this
fact
value of his properties, surely they cannot be blamed.
give
an
indication
will
following
of
this
week's return.
But if the market had to rely for its main support upon
properties with

but

identified

is

freely

selling them,

the action of Mr. Gould or Mr. Vanderbilt, singly or
there might be

together,

confidence

little

felt

in

Into Banks. Oulof Banks

the

$

Fortunately, however, there are other important

future.

work which

sustaining influences at

those exerted by individuals.

Interior xuoyexuent. ...

are quite as potent as

Total

Business interests are pros-

pering in nearly every section of the country

;

*

railroad

upon the large

even this year have

is

unprecedented, and this must

its effect

upon our agricultural wealth.

Furthermore, investors see that good properties are low,

and they are evidently making

liberal

and careful

selec-

tions.

to

•$353,331
1,020,000

$2,267,000

$1,600,331

$666,669

weak

for bankers' and firm for
good evidence that the supply of
the former comes mainly from bills drawn against outgoing securities. The rates have now been reduced to
points which make the export of gold no longer profitable,
and unless something entirely unexpected occurs, it is not
likely that any more gold will be shipped to Europe for the
The following will show the margin of profit in
present.
operations by cable between this city and London, the

commercial

and especially upon the

figures of last year,

immigration

;

2,267.000

Loss.

Foreign exchange

earnings are increasing, and promise to shew large gains

net totals

Another favorable influence of no little force has begun
be felt this week, and that is a revival «t the foreign

bills.

is

This

is

table exhibiting relative prices in both
a natural result of the ing each day.
restoration of confidence in Europe and of the accumula-

demand

for our stocks.

This

tion of idle capital at financial centres.

It operates favsr-

March 13.

too high for sure profit there.

cumstances; but

we

are not at

These

way

abundance of
can safely

talfe,

llSKi

117-72

118

117-72

118

116-38

118

110-98

118

1025^

10202

102«

38

38-54

102-02
37-40

10202

35V<

ioa«
36M

102J<

35-07

102-02
36-17

37«

37-10

37

2d con. 82 70
ni.Cent. 132-92

«2M

93-19

98«

93-68

95-61

95H

135 37

135«
130X
57«

C.

130-71

Reading

27-22t

181

133-90

12W

131-20

52

27-46t

95-64

B5)4

134

1S3«

135-37

135)^

130Ji

131-45

131

131-20

131

131-33

64H

27-69t

58

29-06t

64«

28-G3-I-

!

vm

4-(

4-B( 'A

4-C

««

4-S o«

4-9()H

Expressed In their New York equivalent.
* Reading on basis of $50, par value.
Note.— The New York equivalent la based upon the highest rate for
cable transfers, which ordin.trily covers nearly aU charges, such as
int erest, insurance and comiuissions.
*

The Bank

"We have an week and

1

of

England gained £879,000 bullion during the

10-16 in the proportion of reserve to

liabilities.

increase of 6,550,000 francs

silver.
The following exhibits
amount of bullion in each of the principal European
the authorship banks this week and at the corresponding date last year.

the

to

last

week

unsettle

that

confidence should be

3fareh 16, 1882.

energetically traced, seems to have been adopted by some
of those capitalists whose names have been too freely used
reckless

mt

135-00

|'

The suggestion we made

tion

17.

1029^

The Bank of France shows an

himself and benefit us.

by

March

16.

101-53

good securities which the foreign investor
and in so doing would secure a profit for gold and 4,975,000 francs

of rumors calculated

March

11772

to Europe, to be

returned again on every financial flurry.

15.

D.S.SJis
Brie

cables.

ambitious to see pnrely

all

March

Kich'ge,

purchases are not as yet large in volume, but have been
sufiBciently so to turn the exchanges in our favor. Whether
the takings will increase must of course depend upon cirspeculative properties finding their

14.

H.8.4s,o.

N. y.

demand has carried prices
So now they are beginning

again to seek the better properties in our market.

March

prices.' vrica. prices.* prices. prices.' prices. prices.' prices. prices.* prices.

also

the dread of gold exports,

since the Paris panic until their

the open-

Lond'n X.T. Lond'n N.T. Lond'n N.T. Lond'n N.T. LoTui'n N.T.

by furnishing exchange, and thus taking
which has so long hung
over our markets. It seems that foreign investors have
been industriously gleaning in the fields of Europe ever

away

cities at

is

ably in "Wall Street, not only by increasing the inquiry for
stocks, but

Net Sain.

$353,331
1,247,000

speculators.

It is

wiU be thorough, and that

hoped that the investigait

will result in putting

an

end to the circulaiion of such disturbing, damaging and
baseless reports.
It is probable that, if the investigation
now in progress should fail to discover and punish the
authors of the particular calumnies complained of, the
inquiry will at least have the effect of making people
more careful in future about repeating rumors of a dam-

Gold.

Silver.

March

17, 1881.

Oold.

Silver.

S.

Bank of England
Bank of France
Bank of Germany

..

Total this week
Total previous week.

27,890,189
23,172,220
33,924.240 45,539,227 23,151,806 19,116,594
6,758,000 20,274,000 7,285,750 21,837,250

63,854,460 65,813,227 58,327,745 70,973,844
82.713.453 65,614,227 57,779,735 70,615,633

ly The above gold and silver division of the stock of coln»f the Bank
Germany is merely popular estimate, as the
information on that point.

of

Bank

Itself

gives do

The payments by the Assay Ofiice through the SubTreasury have amounted to $48,235. The receipts by
Money has been in good supply during the week, rarely the Assistant Treasurer from the Custom House have been
rising to the legal rate and evea then spasmodically.
No as follows.
aging character.

I

...

MAnCH

.

THE CMRONlCLli

18, 1882.]

OontUlIng of—
DulUt.

Dale.

V.8.
Natu.

Ootd.

Hut. 10
"

11.

"
"

13.,

14..

"

15

•

.

10..

00
04
27
19

$2,814,801 44

Totftl...

LIKM
Certljlealet.

$130,000
83.000
80,000
61,000
89,000
81,000

250,1)00

362,000

le.ooo
27.000

$2.140.000 $182,000

$1,000

.

$22,900 of the 106th and $1,147,250 of the 107th.

.

Like

TRAFFIC.

17.730.7'20
IM.'JSl.OOl
18,40.'..- 11
l(t, 12 1.077

2,117,776,867
2,300,553,656

li4,0T(l.fl7'J

3,<i(;i,47c.a40

a7.3(»i»,173

3.'J!l2.ni>l,330

32.606,204

3,700,811,378

14,456,804
18.363.367
13,007,832
12,702.305
13,602,401
10,578,042
18,08S,40»

2,180.4i>».888
2.4;tl,M07,6.'i«

Ton* moved on*
miU.

Ton$ moved.

Tear*.
..

11,000.073

1.218.020.808

187(1.

..

12.1'JIt,!>70

l,37:i,123,.360

1877.
1S78.
1870.
1880.
1881.

..

14.M703H4

1,4.'-.!»,7«2,»31

.

l«,M71,x:l7

1. Ml

.

20,l(ili.r)34

1.100,152
.;,272,71«.185

22,302,i;91
25,»14.3")2

2,4-J(J,0:iH,73.%
2,90:t,85ti,Ml,'5

1875.

.

..

sylvania Railroad for the year 1881 offers proof of a mar-

1881

Ptuungtn
carried on*

21IS.7.VJ.780

^iw.^2\n^
314,210.089

382.787,1M
446.316.555

carried.

Pauengert
earned on* m.

6.909.503
7,030.350
7.758,123
8.041.074
8.261.565

218.270,502
2.')0,3S3.848

244,314,440
247,27.5,166

20»,.M5.6e7
321,783,885
364.805.113

9.805,i»«4
10,701..'i7«

thus see that while in 1875 the company

it

moved

3,700

full

tons more, a gain of

m.

314.234,876
023..0M.761

ERIl

Pauengeri

only 2,100 million tons one mile over

other railroad returns, the report of the Penn.

all

earrUd.

moted.

UNMWMT OF rimBmo *

We

GROWTH IN TRUNK LINE

Pa—tngeri

mil*.

$533,000

$1,000

The secretary of the Treasury has called $I.'>,000,000
extended 63, making three separate calls of $5,000,000 each,
maturing May 3, 1 and 1 7. The redemptions of bonds at
the Sub-Treasury this week have been $1,500 of the 105th
call,

1875. ..
1870.
1877. ...
1879. ...
1879. ..
1880....
1881. ...

axi> khii,

Tom mortd otu

Tom

Xeart.

rrmDimo

or

KAitT

atlver

$308,000 $21,000
407,000
1S,000
376,000
30,000
317,000
27.000

4S
47

•637.63S
563,818
482,503
404.783
304.643
471,337

.

aUver
Dollar:

303

its

moved

eastern lines, in

million tons, or 1,600 million

per

75

cent in the

short

space

Railway business reMects the of six years. On the western lines, running through a
condition of general business, and this is quite generally country offering greater opportunities for development,
recognized now; but it is only when we have the figures the ratio of gain is still greater. In 1875 1,218 million
of a great corporation like that of the Pennsylvania, pre- tons were moved, in 1881 2,903 million tons, an increase of

growth

TelloHS

in business.

sented to us that

progress

we

we

fully realize

the magnitude

of the

The Pennsylvania may

making.

are

be taken as typifying the general railroad system
country, as respects the character and variety
trafiBc which it commands.
The system covers
extent of territory, and its ramifications extend to
all

the different sections of the country.

of Pittsburg

of coal

The

fairly

The passenger business
1,685 million tons, or 1 38 per cent.
does not exhibit such large percentages of improvement,
a steady growth

of the

but there

of

carried one mile in 1875 and 446 millions in 1881, a gain

the

is

The

;

344 million passengers were

a wide

of about 30 per cent.

nearly

but that was the year of the Centennial Exhibition,

lines east

the

movement was

total is not as large as in 1876,

swelled

to

when

exceptional proportions.

measure the course of trunk-line traffic, that Taking actual passengers carried the total is larger even
and the condition of a large and profitable than in that year, which offers the strongest evidence of
while the lines west of Pittsburg, reaching growth. That mileage is not so great as in 1876, notwith-

traffic,

local traffic

;

northwest and St. Louis in the southwest, standing the larger number of passengers, is explained by
and all the leading lake and river ports in the section the fact that the Centennial travel was largely through
bounded by those points, indicate the dimensions of travel, hauled the entire length of the company's line,
through traffic influenced by the volume of agricultural making the average haul very much larger than it ordiproduce and the state of our manufacturing; industries.
narily is, and adding more to the mileage than to the

Chioago

in the

From the report, we find
company carried almost 2^
more than 5 million more

On

in 1880.

its

that

on

million

tons

western lines

it

its

eastern lines the

more passengers and

of freight in 1881 than

carried over a

million

namber
risen

On

of passengers.

find that the

number

of

from 218 millions

the lines west of Pittsburg

we

passengers carried one mile has
in 1875, to

364 millions in 1881,

a gain of 67 per cent.

—

more passengers, and 2^

million tons more freight.
All this relates to the Pennsylvania alone one system of
This is
heavy increase in one single year. But when roads. Suppose we take one or two other roads, like
we come to the mileage movement, which is a better indi- the Central and the Erie, which furnish similar traffic
cation of a road's total traffic, the increase is even more statistics, and see if the same results are shown.
Turning
striking.
Thus on the lines east of Pittsburg the com- to the report of the Central we find that in 1874-5 that
pany carried in 1881 446,316,555 passengers one mile, road's tonnage mileage was 1,404 million tons; in 1880-1
certainly a

against 382,787,186 in 1880, a gain of 63,529,369

was 2,705 million tons, or 1,301 million tons more.
The passenger movement shows 338 million passengers
carried one mile in 1874-5 and 373 millions in 1880-1.
On the Erie the tonnage movement was 1,016 million
tons in 1874-5 and 1,984 million tons in 1880-1, a gain of
407,820,043 ton miles on the 968 millions. The passenger mileag;e was 165 million

on the
west of Pittsburg 364,865,113, against 321, 783,884,
a gain of 43,081,228— together a gain of 106,610,597
passengers one mile. The tonnage mileage, or tons moved
one mile, was 3,708,811,373 in 1881 and 3,292,991,330
lines

in

1880, an expansion of

;

on the western lines 2,903,856,815 tons in
1881 and 2,426,038,735 in 1880, ai expansion of 477,-

eastern lines

818,080

;

tons.

On

the

entire

company moved 885,638,123
1881

than in

1880.

freight in one year

!

lystem, therefore,

more tons one

the

is

well

passengers in 1874-5 and 200 millions in 1880-1.
following

In the

placed the figures of the Central and

Erie side by side with those of the Pennsylvania, and

in

A

known, the crops

in 1881

were

deficient,

the calendar year in the case of the Pennsylvania,

traffic on the railroads during the last five months, while during the first
part of the year the grain movement (remnant of the crop of
1 889) was also
smaller than in the previous year. If we

would, however, see the

full

and

which represent thousands, three ciphers being omitted.
TON8 MOVED ONE HIUI f.OOCS OMITTED.]

of course diminished this description of

measure of the development

we must compare the present figures
of a few years back. The following tables exhibit

that has taken place,

with those

we have

have also added a column showing the aggregate each year
gain of 885 million tons of for all three systems. The figures are for the year ended
It is to be remembered, too, that September 30 in the case of the Central and Erie, and for
mile

the ctops could not have been an element in this increase.

As

it

the Pennsylvania's traffic statistics for seven years past.

Peniuyhania.
yet* York

Tear*.

1875
1876
18T7
1878
1879
1880
1K81

Baiiof

West of

PtUtburg.

PUUbure.

2.117,776
2,808,653
2.180.459
2.481.807
3,06 1, 478
3,29-,991

1,218.020
1,373.123

2.426.038

3.7"". .ill

'2

l,439,7ti2

1.H14.100
2.272.71(1
!>o3.a")rt

Central.

I.404.0O8
1.674.447
1.619.948
9.084.355
2.341.473
2.576.768
2 70r,.16.1

Ert:

Total of all.

1.016.618
1,040,431
1,114.586
1.324.763
1.569.222
1.721.112

5.756.423
6.S97.554
6,374,755
7.555.025
9.244.880
10.016.909

1. 9*4.394

ll.2fl4.226

THE CHRONICLE.

30i

PAaSBNOBBa CARRIED ONE MILE ,OO0S OMITTKDl.

become
ifetc

York

Srie.

OetUral.

West of

East of

XXUV-

form of political exclusivenees has
champion and leader.

to represent the worst

|

PcKTuylvania.
Tears.

[Vol.

Total of

We

all.

their
get,

however, a glimpse of the

difficulties

to bo

Pittsburg.

overcome by following the effoft making, through the
333,934
218,279
155,396
1.056,843 Advisory Commission of the trunk
344,234
1875.
Imes, to determine
353,136
2.>;».353
163,074
1,398,771
62a,208
1876.
244,314
316,847
170,888
298,7o2
1,030,831 even one point affecting railroad management.
1877.
S«verai
247,27.7
300,303
140,326
980.628
292,725
1878.
269,515
290,953
149,115
1,023.843 months may be consumed in the work, and it is idle
314.260
1879.
to
321.783
330,802
180.460
1,215,832
382,787
1880.
864,865
373,768
200,483
1,385,432 speculate on what may be the compromise which the
44t),316
1881.
Commission, whose members are probably as competent
Probably in no way^could the wonderful growth which
as could have been named, will advise, although it is
the business
PiUKtnirg.

o£ the country be

has taken place in

more

forcibly brought out than in a tabulation like the above.

The expansion

is

truly surprising,

when we

consider each

road separately; but when we take the aggregate of

all,

certain that
trial,

the

if

their advice

work

will further

illustrate

is

either rejected, or fails

have been

will not

the

all

upon

wasted, because

it

gravity and perplexity of the
proportional freight problem.

even the most stoical must own to a feeling of astonishment. "differential rates" and
When one has such big figures to deal with, it is diEScult In fact the more the whole railroad situation is investialways to grasp their full meaning; but they will serve to gated, the more difficult it will be seen to be to legislate
show that statements that the business of the country is remedies for the evils that are believed to exist.
Probably there is no one who has studied these quesassuming ever-increasing proportions, are supported

by

more earnestly than Mr. Charles Francis Adams, or
whose
opinions are entitled to greater consideration. And
that the aggregate traffic of the above roads has pretty
his suggestions made a few weeks since in a carefully
yet
nearly doubled during the last six years, this may appear

indisputable facts,

patent and

to hand.

When we

say

tions

prepared speech to the Boston merchants, at a public
1875 amounted to no less than 5,756 million tons (one mile), dinner, show that he is not ready to advise any exact
and that it has swelled to 11,294 millions, an addition of regulations. He proposed a Natienal Commission of
Inquiry, presenting a draft of a bill which may be briefly
5,538 million tons, we begin to understand what this means.
An increase of 5^ thousand million tons on these lines since summarized as follows Section 1 provides for a board
1875 that is the tale these figures tell. Even our most of three, appointed by the President without the Senat^

a very

trifling matter;

but

when we

say that that

traffic in

:

—

despondent friends, who see nothing but disaster in store
for us, must acknowledge that a country that can show

to hold

office five years, at a salary of $10,000 per year.
Section 2 provides that the board ekall supervise inter-

an exhibit liko the above, through a few of its leading State railroad transportation, or that to or from a foreign
country this supervision to be limited to questions of
roads, has some vitality back of it.
In the passenger traffic we do not expect any such commerce between the States and the operating methods
Section 3 makes it the duty
expansion as in the freight trafBc. But that there is a which affect such commerce.
;

The

of the board to investigate all complaints of discrimina-

passenger mileage for 1881 on the roads here embraced
is 330 millions
above that of 1875. It is a trifle

tions
or of methods
made to it, in such inter-State
commerce, and if the charges are made or approved

constant upward tendency does not admit of dispute.

below that of 1876, but, as already said. Centennial travel by any State or city government, or by any incorporated
added greatly to the movement of that year. There board of trade, the investigation, at the option of
complainant,
shall
be
made
at
the
place
would, however, be an increase even on that year, if the th«
where
the
trouble
originated;
the
commissioners
shall be
Pennsylvania's eastern lines were excluded, for the Central,

the Erie and

larger figures

the

lines

west of Pittsburg

show empowered to summon witnesses and cause production
Section 4
quickly of books and papers relating to the subject.

all

than in

1876.
Passenger trafBc
any change in the prosperity of the people, falling provides that the commissioners "shall in all wayt endeavor
ofi in times of depression and rising again when a change to procure the data neressary to the gradual enactment of a»
for the better takes place, so the movement in it from intelligent system of national legislation regulating interyear to year oSers a better guide to the condition of the Stite railroad commerce" and shall report to the Interior
country than that of freight. Leaving out the Centen- Department annually; whenever investigation of any
nial year, this class of trafBc on the roads above fell from complaint is made, a special report of it and its findings
1,056 millions in 1875 to 1,030 millions in 1877, and shall be made and sent to the complaining parties, and in
then to 980 millions in 1878, which was the lowest point; case of any violation of, or failure in, performance of duty
reflects

common

in 1879 there was a small increase, to 1,023 millions; in

as a

commerce, or in case

it

1880 and 1881 there was a very decided increase, to
1,215 millions and 1,385 millions respectively.
Compared

appears that any change in the methods of such work

is

therefore with the low-water

shall give public notice to all parties concerned,

in

mark

of 1878, there

a rise
of over 400 millions, or more than 40 per cent, which is
certainly a satisfactory ratio of gain to record within a
period of three years.
is

desirable for the

ADAMS AND RAILROAD MANAGEMENT..

common

the

interests,

commissioners

and

shall

include in the next annual report the whole matter, with
specific

This
is

MR.

carrier in inter-State

recommendations for legislation.
There is nothing iron-clad about

is all.

no attempt

enable rates

;"

it.

There

no making of "just and reaa
no power to punish nothing but to in-

at coercion

;

;

report and

recommend. Innomeasure has taken Mr. Adams a good
under the continued attempts to solve the problem of many years to prepare and it will perhaps be poohregulating railroads.
Of course this is due largely to the poohed by the slapdash people, any of whom could draft
political movement, or rather the agitation which is
excited a coercive bill, full of commands, prohibitions and penalfor political eSect against corporations.
No intelligent ties, in less than half an hour.
view of the subject is attempted in such cases, for
they
But Mr. Adams, although a few men are his superiors

The public mind grows more instead

of less confused

vestigate, listen,

cent as

it

is,

digest,

this

;

are efforts simply to gain popularity by attacking
capital,
are very faithfully caricatured in the
present New

and

York

Legislature,

in

mastery of

best

qualified

where the party that haa been supposed problem, and

details of

man

in

railroad

America

to

management,

is

the

discuss the railroad

what audi a man proposes must bar*

March

IS, 1882.

THE CHRONICLE.

|

305

His scheme is a modification of the Massachu- those who " know it all " now, or those who think the only
we have often referred to, which is only thing wanted is to let drive at the railroads and make
moral suasion investigating; dispassionately, reporting them do thus and so, or those who look only for facts to
quietly, and applying publicity, without other coercion fit some preconceived theory, would bo worse than useless,
It has for they would only confound the subject more.
than what comes from the right in a case.
Massachusetts, and there is a fair
been of use in
Is the work of the right men probably worth to the
might be useful on the larger aountry thirty thousand dollars a year for five years ?
it
that
probability
Beyond this, the important part of his scheme The question seems ridiculous. The necessity for prescale.
acquirement of data for the gradual enactment liminary inquiry is more and more evident, for the
is the
respect.

setts supervision

—

of an intelligent system of regulative legislation.
At first sight this seems a slight result of so

problem grows more and more serious. Transportation
and distribution become more and more important factors
experience as Mr. Adams has had, and so much time as he in our industries, the difficulties increasing, and their
has given to its preparation, but it is always held to be settlement being not apparently any nearer than in 1872.

the

work

of half a life-time to discover one's

much

own

igno-

The only question seems

to

and what are known as "radical" measures seldom
Usury laws are one class, and
accomplish their object.
laws of a prohibitory
notorious
sumptuary
is
failure
their
character are another, and they have poorly succeeded
'' granger
laws are another, and if they had been successful the railroad problem would have been disposed of

the preliminary inquiry be

laws for regulating wages, the profits of capital,
the contracts of corporations, and many that are supposed

some

rance,

;

;

'

long ago

;

to be in the interest of
in just so far as

There

whom and how
The objection

?

shall

to

;

general government, and the tendencies of the times seem
to

be slowly carrying us towards federal intervention of

whether we will or

sort,

The

not.

fact is that the

railroad has revolutionized everything.

people," have proved futile

" the

doubt

by

any
new government undertakings is understood, and it was
never so great as now but, en the other hand, interstate
commerce cannot be touched by any one other than the

they were violent and coercive.

no

is

be,

made

one

that

want

great

in

THJi

this

NEW SITUATION

IN EGYPT.

Within the last few weeks a change of quite a radical
Statute is far from supreme. It is itself subject to kind has taken place in the management of the affairs of
tion.
unwritten laws which it cannot override, and our fiscal Egypt. The change was as unexpected as it was radical.
and tax legislation might have been much freer from mis- It was known that matters were in a very unsatisfactory
that what was called the National party had
chievous erroi-s had the popular notion of the potency of condition
country

a better knowledge of the limits of legisla-

is

;

" be

it

much

Mr. Adams, with as

truth as sarcasm, remarks that

Khedive was
is not the usual way

it

for Congress to understand the disease before prescribing

the remedy, but that, although he has been accused of subserviency to corporations, he

still

believes in

understand-

He

quotes with

ing a subject before legislating about

much

that the
hands of the
so-called notables and the army, and that England and
Prance were meditating the occupation of the country..
There was delay, however, in the threatened occupatioDr
and now the National party is absolutely master of theEngland and France, if they have not virtually
situation.
Thelet go their hold, have greatly loosened their grasp.
and
comptrollers, it would appear, have ceased to exist
whatever direct interference France and England are now
making in the affairs of Egypt is through their respectiv»
risen in rebellion against foreign interference

enacted " been less freely held.

effect

it.

what Robert Stephenson

1856, speaking for railroad interests

said as long

ago as

:

" What we want is a tribunal upon these subject"!, competent
" to judge, aud willing to devote its attention to railroad sub" iectJi only. We do not impute to Parliament that it is dis" honest, but we impute that it i.s Incompetent. Neither its
" practical experience, nor it-s time, nor its system of prr cedure
" are adapted for railwaj' legislation." * » » • What we
" ask i.s knowledge. Give us a tribunal competent to form a
" sound opinion. Cummit to that tribunal, with any restric"tions j'ou think neceasary, the whole of the great questions
" appertaining; to our system. Let it protect private interests
" apart from railways delegate to it the power of enforcing
" Huch rei^ulatioDS and restrictions as may be thought needful
'* tosecuretherighlsof private persons or of
the public; devolve
" on il the dnty of consolidating, if possible, the railway laws,
•' and of making
such amenameuts therein as the public
" interests and the property now depending on the system may
" require. Give it tuU delegated power over ns in any way
" you pli-ase. All we ask i.s that it shall be a tribunal that is
" imparl iai and that is thoroughly informed and if impar" tiality and intelligence are secured, we do not fear for the
;

little

;

better than a puppet in the

;

consulates.
It

wo aid be premature

of things

is to

te say that the present condition*.

be regarded as a permanent settlement.

A

thrown upon the situation by a document published a few days ago in the Republique Francaise
and signed by the two comptrollers MM. do Bligni^res and
clear light has been

Colvin.

When

the decrees regulating the 4)0wers of the

comptrollers were promulgated, the real power belonged
to the

Khedive and, by delegation,

comptrollers,

who

to his

ministers.

The

were, in point of fact, active administra-

were supposed to be confined to the right of giving
It was always presumed, however, that their
This almost prophetic language seems as applicable now advice would have weight. The arrangement, it would
as it was thirty years ago, and the railroads are probably seem, worked well, as is proved by the improved financial
Two years ago Egypt was, towilling to adopt it as expressing their case, for they do condition of thei country.
Relatively,,
not fear the conclusiens of "impartiality and intelli- all intents and purposes, hopelessly bankrupt.
;

" result."

on

"gence;"

the

opponent of theirs

hand, the

other

most

as positive about the feasibility

is

pronounced

demand more than the
the problem.
Mr. Adams,

could not

application of those qualities to

however,

tors,

advice.

of

this as

at least, she is

now

prosperous.

For

this

improved con-

dition of things the comptrollers claim all the praise.

The centre
now changed.

of

power
It

is

is,

said

however, as already stated,

by

the comptrollers that

A

commission made up of the Khedive and his ministers have been gradually
men with claims on the party he pronounces a nuisance; losing their influence since the February riots of 1880.
but the men wanted are one with a thorough knowl- There was always, however, at least a show of authority,
edge of constitutional and statute law, one thoroughly and they were able to go on witli their work and carry
practical railroad specialist, and one political economist; out their plans.
Now, since the uprising of the National
about

its

indispensableness.

—

as such, he

names three good men; but he adds that the

only diflBculty
finding out

is

who

they are.

party,

and the advent

to

power of Ai-aby Bey, the Premier

men appointed — not in and Minister of War, the comptrollers can do nothing.
Men who are not impartial, or They are confronted no longer with the Khedive and hia

in getting the right

THE CHRONIC ;LE.

S08

[Vol,

XXXIV.

Chamber and the army and the they nor the merchants realized the imprndince of their course
army have not only refused to allow until it was too late; but when disasters befell the crop, and it

Ministers, but with the

;

CharaVer and the
was evident the damage was irreparable, the merchants became
them to collect and to ^dispose of the revenue, but have
alarmed at the serious condition of affairs, and from the very
themselves assumed the management of the finances of commencement of the picking season put forth their utmost
Tn spite of the strenuous opposition of the efforts for getting the control of what cotton was made, and
the country.
comptrollers, backed up, as they were, by their respective under this universal pressure the crop was moved with unprecegovernments, the Chamber assumed and exercised the dented rapidity.

From

right of voting the budget.

that

moment

the func

In regard to the influences that have affected the production

movement of this crop, no crop has been more generally
an end.
They were not and
tions of the comptrollers were
misinterpreted by people outside the South, except possibly that
dismissed from office they were not driven from the of 1874. The drouth of that year was very severe in some
country but they had no more work to perform. Such localities, but embraced a much smaller territory than that of
Egypt has shaken herself last year. Therefore, any comparison of the two years will certken, is the present situation.
tainly mislead; besides, the planters that year had not gone so
free from the help of the foreigner and has assumed conat

;

;

trol of herself.

wonderful that MM. de Bligni6res and Colvin
but there is no evidence that France

It is not

should

feel indignant,

and England

disposed, for the present

feel

at

least, to

So long as the Egyptian Government continues to pay th e interest on the foreign debt,
and keeps free from internal strife and bloodshed,
France and England will hold ofi. There can be no
take any decided action.

doubt that

England and France, in
the

deferred to

Egypt

for the Egyptians

Islamic idea which

is

is

in

of

harmony with

Europe.
that Pan-

giving a sort of temporary unity to

Mohammedan World

the whole

the course they

sentiment

public

took,

;

and

if

we could

see all

the secret movements which control the affairs of nations,

we might

new departure the working
German hand which is now all-powerful

discover in this

that skilful

the palace at Constantinople.

and England would have been
ful

to

the Sultan.

It

of
in

The occupation by France
in the last degree distaste-

remains to be seen whether the

Egyptian people themselves are equal to the task which
No one will regret their success

they have assumed.

but should they
will

fail,

;

the final disposition of the country

be a necessity.

TIIU

NEXT COTTON CROP*

To the Editor of the Chronicle:
There are some considerations worth keeping (in view if we
would estimate rightly the probabilities as to the next cotton
crop.

deeply in debt; consequently the pressure en the part of the
merchant)* in forwarding the crop was not so great, and it
should be remembered that this is an important factor in determining the movement of any crop. When it is generally
believed to be large, and the estimates are continually being
increased, the merchants take it rather quietly, and the planters
devote all the time possible to picking and storing away in gin
houses, to be ginned at a more convenient season. But when
the crop is known to be short, every effort and device is used to
encourage and coerce the planters to gather, gin and deliver
their crops, and the cotton is hurried to market, where it can
be made available in paying the debts due the merchant. And
as the last crop has not been sufficient to nearly pay the debts
incurred by the planters, the efforts of creditors to get hold of
it have been unusually urgent.
The interruption in the movement of the small amount of
cotton still on the plantations by the excessive rains and overflow, is of shght importance compared to the serious drawback
to planters in getting ready for another crop. At this time last
year a great deal of land was in a forward state of preparation throughout the South, but up to this time little or nothing
has been done in any section, and generally the land is so saturated with water it will be weeks before any effective vvork can
be done, even should the unprecedentedly rainy season give
place to the most genial weather.
But this is not the worst feature of the prospect, for I do not
hesitate to say, and to emphasize it most positively, that for
years past the South has not beem ia a worse condition financially, into which it has been gradually led by the ease with
which credit was to be obtained. The crops of 1879-80,
1880-81 and 1881-82 were commenced, and the first two carried
through, with credit at high-tide. Merchants were not only
willing, but anxious, to furnish planters all they would buy, and
under the influence of greatly inflated credit the acreage was
largely increased, and all other influences combining favorably,
enormous crops were produced, going so far beyond the most
sanguine expectations that extravagant figures made at random, and often for effect, proved to be most accurate, and has
led to the adop tion of the most exaggerated ideas as to the
unbounded capacity of the South for the production of cotton;
and many people have jumped to the conclusion that the acreage will be increased every year 10 to 15 per cent, and hence
they predict with much confidence, before the crop is planted,
that it will be half a million to a million bales larger than the
preceding crop; and so generally has this idea been inculcated
that nothing but severe experience will correct it. To properly
comprehend the question it must be remembered that the cotton is made almost entirely on credit; therefore, when times
are flush and credit to be had not merely for the asking, but
absolutely pressed on the planters, as it has been for the past
three years, the crop (with reasonable weather) will be enormous ; but when the reaction is such that it is difficult for even
planters in good circumstances to get advances, the crop, under
the most favorable conditions as to weather, will be a small one.
The South at present is beginning to feel severely the effect of
a reaction, dUe mainly to the actual inability of a majority of
merchants to furnish the necessary supplies; while others who
have the ability are so discouraged by the results of the last crop
they will enter into ^engagements with unosual caution. The

First, in comparing this overflow with that of 1859 it must
be remembered that planting then was carried on by men of
large means and unlimited credit, who had 200 to 1,000 laborers
under personal control, perfectly disciplined and thoroughly
organized. Now each of those laborers must make arrangements for himself, and with most of them it would have been
a difficult matter before the overflow, and it will be impossible
for a large part now, as they have lost the stock upon which
they would have based their claim for credit. I of course do
not mean that no cotton will be raised in the overflowed section, for it 19 possible that a fair crop may yet be grown; but
the chances are very largely against it.
Another point in
regard to an overflow, it is well to know, is this: If it comes
before the land has been "bedded up" it is much worse than
when it occurs after that work has been completed. If before,
then planters have to wait about two weeks for the ground to
dry out sufficiently to admit of planting, but when it occurs
after the land has been "bedded up" cotton can be planted as
fast as the water recedes and will spring up quickly.
Then, again, the preparations for the last crop were begun
when the "boom" was in full blast, the future was bright, and
merchants, through whose assistance planting operations were
mainly carried on, were liberal in their offers of advances, and
planters were equally liberal in accepftngr, and exerted every
effort to put in all the cotton possible.
The agents of commercial fertilizers were also especially active, and pushed their position of the planter now is one of extreme embarrassment;
business with an energy never before equaled; and thus, en- for not only is he confronted by diminished credit, but having
couraged by the freedom with which every description of sup- last year reduced the acreage of grain and having had it cut short
PUm was offered, the planters went deeply into debt, and neither also by the drouth, he finds his actual wants greater, his resources
precarious, and prices of what he must have so high that a
* In giving this commanlcatlon from an esteemed
correspondent It
mngt not be supposed that we agree with his conclusions.—En. dollar will not go near so far as it did before. Under soeh
CUKOnCLK.
difflcultiea the inevitable result will be a large decrease in aere-

I

U

March

.

THE CHRONICLE.

18, 18S8.]

307

The followiuK is a atatement of the aiports (eielaaira of
Nor is this the only infloence that will &ff«ct that quMfor three years specie) from the port of New Torii to foreign ports for the
than
plantt^
be
will
grain
More
tion.
arrangements for week ending March 14, and from Jaanary 1 to date
past, and much of the labor unablo to make
XPURTS rROM raw YORK FOR THR WRBS.
farming will And employment, at good wages, on the railroads
are.

:

now under conntruction, and will not return to agricultural
pnrenitH ho long as they can find more work on the railroads,
which will be for fully two years. If any should be disposed
of the
to criticise the statements in rogard to the condition
South a.H overwrought, time will contince them of their error;
and for that I am content to wait. In determining the extent
of cotton crops for the next two, or possibly three, years, a
close

and watchful study of the

influences referred to

1879.

who adopt moderate

The following
at the port of

Jomi F. Wheless.

table

New

since Jan. 1, 1882

shows the exports and imports of specie
York for the week ending March 11, and

:

Since Jan.l,

Week.

Great Britain
France

•T.-iO.OCO

Keport*— Per Cable.

daily closing quotations for securities, &c., at London
and for breadstuff* and provisions at Liverpool, are reported
by cable as follows for the week endintr March 17:
Wed.

Thurs.

Fri.

.Ml5l» 511516 5115n
1001 'is lOOIl,, lOO's
10013,6 10016,e 100>e
IVch rentfs (in Purls) fr. 83-90 83«0 83'95
103% 104
U. B. 5s ext'uM into3>3S 103^1

51^8
IOII16
1013,8
S3-B0

Si's
1013,8
10139

51 '8
1011,8
1013,-

101

104

104

D.8. 4>«sof 1891
U.S. 4« of 1907

1151a
i2n>4
87ie

115%

11513

138
62
23
135

139

Tuet.

3lon.

Sat.

$100,131

90.602,298
1S0.00O

Uennany

Tetal 1832.,
Total 1881.,
Total 1880.,

128.6o6

$0,863,098
116,210
1,252.200

$190,403

$2,078,151

f750,000

112.603
76,533
83.917
4,035

10.838
1,100
20,453

05,000
16,700

All other countries.

The

Since Jan. 1

Week.

West Inales
Mexico

piouctarBiClJammcvctallttglisTtllewjs

London.

Imporlt.

Bxportt.
Oold.

South America

Bnzllati .Market

(8.32.^,390

•6,032.979
95,521,068

EXPORTS AXO IMPORTS OF SPSOia AT IIBW TOSX.

will

figures in estimating the crop will

be most accurate. Respectfully,
Nashville, March, 1882.

•04.10a,663

55,664.242

largely increase the probability of the estimates approximating actual results. For the preseut and near future we have
certainly reached the maximum of production ; and for a time

those

67,393,592

weeks «61,.^04.S17 •81e.454,047 k75.7 19.991

Prev. reported.
1

1S83.

•6.180,100
57,939,563

».1.90«,.')75

Total

ISSl.

1880.

For the week..

$377,219

$32,441
1,482,877
31,608

6,283,547
873,257

Silver.

Great Britain
France

$11,103

286,600
3,000

Germany

99,986
176.126
25,540
4,684

6.686
9,455
6,175

West Indies
Mexico
South America
All other countries.

Silver, per o»
Consols for money
Consols tor account

d.

Erie, common

stock
nUuois Central

nsig

11J%

115%

I2014

I2OI9

120>4

36

35%
133iu

137%

omj

61%
27'8

133%

2733
1331a

Sat.

ifON.

eiH

Pennsylvania

Fhlladelphia & Reading
New York Central

281a
,

37
137

1

134%

X8315 83121a
xll9>4 II9I8
38I4

37%
138
6314

6'.'

la
29-'8

29=9
131

xl34

$190,403
361.024
93,220

Total 1882.
Total 1881.
Total 1880.

$2,367,751
2,331,871
1,398,295

«.

d.

9

13

9

1

10

1

10
9
6
71
44
75
52
00

2
5

10

2

6

O
6

74

rt.

Flour (ex. State.. 100 lb. 13
"
10
Wheat, No. 1. wh.
"
Siirinit, No. 2...
"
West.,
n
Winter.
"
Cal. white
Com. mix., West. "
Pork, West. mess..y bbl
Bacon, long clear, new..

Tuet.

Beet. pr. mess.new.Vtc.
prime West. S ewt.
Cheese. Am. elinice. new

I^arcl.

I.

d.

13 9
10 1

O

1

910
45
5
i2

(iO

3

Wed.

Fri.

Thurs.

t.

d.

t.

d.

t.

d.

13

9

13

9

13

9

10

1

10

1

10

1

10 1
9 10
6 3»a 6
74
45 6
75
53
33

60

(iO

41a

6

10

2

9

6

6

2

74
47
75
54
60

1,310,733

Of the above imports for the week in 1882, $7,852 were
American gold coin and $7,404 American silver coin. Of the
exports for the same time $750,000 were American gold coin.
Anction Sales.— Messrs. A. H. Muller & Son sold the following at anction this week

:

Sliares.

Shares.

Liverpool.

$318,398
643,533

$22,316
72,333
284.661

205 x
1 6 Merchants' Exch. Nat. Bk. 96
100 N. Y. & Harlem RR
216
2 Bowery Ins. Co
264 Jefferson Fire Ins. Co..l52iax
42 Mech. & Traders' Ins. Co.l40
50 Broadway Ins. Co. .191*193
IIO
30 Merchants' Ins. Co
70 Imp. & Trad's Nat. Bauk.250i4
Sonde.
134 Merchants' Nat. Bank. ... 132
$12,077 70 Jefferson Fire Ins.
75 Nat. Bk. of the Repnblic.lSo
77ia»85
Co. scrip
101®100
85 Nassau Bank
$8,000 Rome Watertown &
6 Leather Mfs. Nat. Bank.. 175
I5OI4
Oirdens. RU. 78, duo 1891.110
12 M.inhattan Co.,N.Y
$1,130 New York Mutual Ins.
5 Great Western Ins. Co... 51
75ifl
Oo. scrip of 1867
7 Cin. Ham. & Ind. RB. Co.
2OI4 $620 Indiana Bloom. & West.
Pref and $49 scrip
20«23
BR. stock scrip
5 San. Maubf.A Newark RK 30
$10,000 Western of Alabama
25 Nat. Bank of Commerce. 1.50
114
2d 8s, duo 1890
13 iManUattan Gas-L. Co. .235I2
Co..
Gas-L.
10 Metropolitan
165
—Attention is called to the Chicago St. Paul Minneapolis &
Omaha Railroad Company's dividend of IJi per cent on the
capital stock of the company, payable April 20, 1882.
^The Homestake Mining Company announces its forty-third
dividend (for February), payable at the office of Wells, Fargo*
Co. on the 25th inst. Transfer books close on the 20th.
.

. .

Commercial autl ptisceHaucous^cMis.
National Banks. — The following national banks have been
organized

:

2,645.— Tlic First National Bank of -MitcheU. Dakota Territory. Capital, $30,000. 8. F. OoodykuonU, President; J. F. Kimball,

—

Cashier.

BANKINIJ AND FINANCIAL.

2,646.—The First National Bank of Topeka, Kwsas. Capital, $100,000.
Theodore Curran, President D. A. Monlton, Cashier.
8,647.—The National Exohanf;e Bank of Wankesba, Wis. Capital,
850,000. Keuben M. Jameson, President Walter P. Sawyer,
:

Bonds.

;

Cashier.

2,648.— The Fereus Falls National Bunk, Minnesota. Capital, $50,000.
E. D. Dyar. I'rcsldent E. A. .lewett. Cashier.
2,619.—The Clti7.ens' National Bank of Parkersbnrg, West Va. Capital.
Arthur I. Boreman, Pi-csldcut; C. H. Shattuck,
$100,000.
:

Cashier.
In accordance with act of Congress, approved February 17, 1882. the
Association of New York "
il changed to " Wall Street National Bank.''

Dame of " The National Mechanics' Bunking

Imports and Bxpobts foe the Wkbk.—The imports of last
week, compared with those of the preceding week, show
a decrease in both dry goods and general merchandise. The
total imports were $3,223,247, against $10,912,977 the preceding week and $11,175,252 two weeks previous. The exports
for the week ended March 14 amounted to $6,180,100, against
96,676,353 last week and $5,965,154 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) March 9 and for the week ending (for general
merchandise) March 10; aho totals since the beginning of first
week in January
roBEien imports at nisw tork.

policy of the Government in making successive calls of
bonds for redemption will render it necessary for many holders
to re-invest, during the coming year, money now lying in safes

The

and vaults in the form of old issues of bonds,
ceased, or will soon cease, to bear interest.

which have

Government Bonds can be obtained at our office
market rates, with no charge

In any auionnt, at
for commission.

Banking.

We

good standing
from those not already known.
allowed at 3 per cent per annum on

receive deposit accounts of parties in

;

satisfactory references reqoired
Interest

average monthly balances of $1,000 or over. No
Interest on accounts averaging lees than $1,000.

Stocks.

:

For Week.
Oen'l mer'diso..
Total
Since Jan.

1880.

1881.

«2.739,551
4.336,2«d

«2.76-*.8l5

$3,244;629

7.142.102

6.285,.^63

$2,315,992
5.907.255

$7,075,817

$9,910,917

$9,580,182

$8,223,247

1879.

Dry Kowls

1882.

1.

Do'ROOiIs

(21.310.633
39,295,651

#29.175.271
04.234.498

»2fl.458.41.1

Oen'l mer'dlse..

Total 10 weeks

$30,612,284

$93,409,769

79.976,480

33.518.067

3 1.210.509
64.348,768
t95.595.:

In our report of the dry goods trade will be found the imports
of dry goods for one week later-

do a general commission business in Stocks and Bonds
dealt in at the New York Stock Exchange, and other sound

We

Hi^on Pities

Especial attention given to orders by Mail aad
Telegraph from Banks, Bankers and othar lustitntious

and from Investors out •f the

city.

Bonds for 1882, cont«ining

Our Memoranda of Government
valuable information on many subjects, can l>e obtained by all
desiring to make investments or to consult its pages for any
P"P°'"-

F»K

* HATCH,

5 Naann Street,

New York.

:

.

;

:

.

THE (^HRONICLE

308

f

::

froL.

March

DIVIDBNDS:
The foUowlna dividends have

recently been

Kame of Company.
Batlruadci.
com. & pref.
Georgia RK. & B^iukiug ((luar.)...
LeMgU Valley (<iuar.)

•Chic. Mil. <k St. Paul,

Oregon

& C'alifoi uia. pref

cent.

Payable.

Books Closed.
(Days inclusive.)
Mar. 31 to April 17
Mar. 16 to
Mar. 19 to AprU 2

Apr.
Apr.
Apr.

2

lusuruuco.

On dem

Jefferson
-

aunoanoed

When

$3^

Also 3 per cent more in certlflcates.

NEW YORK, FBXDAX. MARCH

Prime bankers' sterling bills on London. 4 85 ®4 86
4 83J2»4 84
Prime commercial
4 83 ®4 83^3
Docnmoutary commercial
205883 IS^fl
5
(francs)
Paris
SO'sS 4018
Amsterdam (guilders)
(reiclimarksl
9459
Bremen
a 9,-,
or
Frankfort
'.

Per

17,

lSSa-3

P.

The Money Market and Financial Situation.—The

M.
stock

Demand.

Sixty Days.

17.

XXXIV.

881234 sgjj
4 M7i2®4 88
4 87 ®4 87ia
6 le^aas 13%
4014® 40i«
4

9339®

gs^

—

United States Bonds. Government securities have met with
a good demand and prices have been steady, except that the
continued fives are higher.
The Secretary of the Treasury has issued three calls tor bonds
continued sixes to the amount of $15,000,000, payable in
parcels of $5,000,000 each on May 3, 10 and 17 respectively.
The bonds are described as follows: Registered bonds of the acts
of July 17 and August 5, 1861, continued during the pleasure
of the" government under the terms of circular No. 42, dated
April 11, 1881, to bear interest at the rate of 3/^ per cent per

—

—

annum from

July, 1881.

ONE HUNDRED AND NINTH CALL.

-market, which has been the great centre of attraction durinpf the
past month or more, has this week given evidence of a rigorous
and healthy recovery from the late depression. There had been

$50 No. 2,151 to No. 2,200, both inclusive.
100 No. 14,701 to No. 15,300, both inclu.^lvo.
500 No. 10,701 to No. 10,900, both inclusive.

1,000 No. 51,001 to No. 52,300, botli inclusive.
fell off again with a facility which was
5,00:i No. 16,851 to No. 16,3,'.0, both inc)uaive.
and only within the past few days has
10,000 No. 34,951 to No. 33,500, both inclusive.
Total, $5,000,000. Payable May 3.
the strong and steady purchasing indicated a change in the tone of
ONE HUNDRED AND TENTH CALL.
the market which seems more likely to be permanent in its char$50 No. 2,201 to No. 2,230. both inclusive.
100
No. 15,301 to No. 15,500, both inclusive.
It has been said all along, and hardly disputed, that the
acter.
500 No. 10,901 to No. 11,000, both inclusive.
decline in stocks was pressed to the utmost by a strong bear
52.3U1 to No. 53,030, both inclusive.
No.
1,000
5,000 No. 16,931 to No. 17,050, both inclusive.
party, and it was a fair conclusion that wlien they thought
35,501 to No. 36,100, both inclusive.
No.
10,000
Total, $5,000,000. Payable May 10.
prices were near the bottom there would be a turn, and large
ONE HUNDRED AND ELEVENTH CALL.
purchases would have to be made to cover short sales. There is
$50 No. 2,231 to No. 2.230, both inclusive.
much evidence that this week has shown such a movement, and
100 No. 15.501 to No. 15,700, both inclusive.
500 No. 11,001 to No. 11,100, both inclnsive.
have
been
heavy.
shorts
the
that purchases by
1,000 No. 53,031 to No. 53,500, both inclusive.
An incident occurred on Saturday, March 11, which has bepn
5,000 No. 17,031 to No. 17,100, both inclusive.
10,000 No. 36,101 to No. 36,670, both inclusive.
the general talk of the market, and indeed of the whole country,
Total, $3,000,000. Payable May 17.
"
and has been designated by some of the wags as the greatest
The bonds must be sent to the Secretary of the Treasury at
show on earth." This was the exhibit by Mr. Jay Gould, in his Washington for redemption.
The closing prioes at the New York Bsard have been as
office, to a few of his influential friends, including Messrs.
follows
Cyrus Field, Russell Sage, Frank Work and others, of a large
Heh.
Interest Mch.
Mch. Mch. Mch. Mch.
amount of his stocks and bonds, to prove that he was in no
16.
17.
14.
15.
Periods.
11.
13.
straits for money, as some of the bear rumors had stated.
According to the accounts Mr. Gould produced a strong box 6s, continued at 3i«.
'100%
*100%
100%
100% 100% 100%
from whiuh he took a large number of stock certificates, includ- 5b, coutiuued at 3>e-.
1021-s 102% 10258*10258 102% «102%
•113% US'b 113% 113% U3% *113%
reg
ing $23,000,000 of Western Union, $12,000,000 of Missouri 4138,1891
113% •113% 113% 113% 113% •113%
coup.
Pacific, $6,000,000 of Manhattan Elevated, $2,000,000 of Wabash 41SS, 1891
•117
•117
H7i€ 11713 117
117
reg
1907
common, and $10,000,000 of bonds of the New York and Metro- 4s,
118
11818 11818 lis
coup
4s, 1907
1177e 118
'125
'125
'123
125
125
125
politan railways and Wabash preferred stock. The stock cer- 6s, our'oy, 1895. .reg
•126
'126
'126
126
126
126
6s, cur'oy, 1896. .reg.
tificates were in his own name and most of them fresh, never
•127
'127
'127
'127
'127
127
our'cy, 1897. .reg.
having been endorsed, and therefore not used as collateral. 68,
128
'12-*
>128
'128
'12S
128
68, cur'cy, 1898.. reg.
'129
•129
'129
He also offered to show some $30,000,000 of railroad bonds, 68, our'c.v. 1899. .reg.
129
129
129

rallies before,

but prices

discouraging to holders,

but the gentlemen were satisfied. It followed that there were
various comments on this original action, and many believed
that it was taken with some shrewd purpose; but however that
may be, there is little doubt that it has had a good deal of influence on the market, since it appeared as a virtual declaration
that Mr. Gould was a bull on stocks.
The money market has been quite easy at 4@6 per cent for
.call loans to stock borrowers, and 2@3 per cent to government
bond dealers. Prime commercial paper quoted at 5@8 per cent.
The Bank of Enj^land weekly statement on Thursday showed
;a gain of f 879,000 in specie, and the percentage of reserve was
42 7-16, against 40 3-16 last week; the discount rate remains at
4 per cent.
The Bank of France gained 6,550,000 francs gold and 4,975,000 francs silver.
The statement of the New York City banks, issued on March 11,
«howed a gain of $3,305,875, they having a surplus reserve of
.$687,825 above the legal requirement, against a deficiency of
.$2,618,050 on March 4.
The following table shows the changes from the previous week
*nd a comparison with the two preceding years
.

1882.

March

11.

JOiffer'nces fr*ni

previous week.

1881.

March

12.

1880.

March

13.

lioansanddi^. $313,715,800 Dec.$6,962,000 $296,252,900 $297,256,900
Bpeole
55,888,500 Inc. 2,608,700
53,863,000
57.927,900
CSroulatlon...
19.990.600 Deo.
13,466,100
35,600
20,967,100
Set depoBltt!
236.012,700 Deo. 4,631.100 271,668,800 270,381.000
I/egal tenders.
16,310,000 Deo.
12,466,600
11,652,400
400,600
JLegal reserve. $71,510,673 Deo.$l ,157.775 $67,917,200 $67,595,250
Beserve held
72,198.500 Inc. 2,148,100
68,334,600
69,580,300

Surplus

$687,825 Inc .$3,305,975

$447,400

$1,985,050

—

Exchange. There has been more activity in exchange, and
from the larger supply of bankers' bills there is every reason to
conclude that the outward movement of stocks and bonds is conTo-day, on usual business, the rates for prime
bankers' sterling are 4 84?4@4 85, and for demand 4 88^(g)
with
cable transfers 4 89^@4 89%. The actual rates for
4 88%,
•Continental bills are as follows: Francs, 5 14%@5 15% and
5 19%@5 205/8; marks, 9iYe@9i% and 95>^@95%; and guilders
siderable.

40 and 40^.

In domestic bills, New York exchange was quoted to-day as
follows at the places named: Savannah, buying %, selling
%; Charleston, buying %@3-16 premium, sellmg
premium;
New Orleans, commercial 50(gi75 premium; bank, 200 premium
Chicago, 758180 premium; Bohton, 17®20 discount.
Quotations for foreign exchange are as follows, the outside
prices being the posted rates of leading bankers

%

^@

*

This

is

the price bid at the morning board

:

no sale was made.

State and Railroad Bonds.—The transactions in State bonds
have been moderate, and the quotations are given on another
page. The Governor of Tennessee has called the Legislature
together to meet next month and consider the debt question.
Railroad bonds have been reasonably active at advancing
prices. The bonds of a speculative character have advanced the
most.with the large rise in stocks, but with regard to many of
the good bonds it is worth while for investors to observe that
their prioes are now low as compared with the range of the
whole year 1881, and when confidence is fully re-established in
the stock market, bonds are likely to advance. Off our Board
list the new 6 per cent first mortgage bonds of N. Y. Chic. &
St. Louis are quoted at 79@80 for $10,000 lots, and Mexican
Central first mortgage 7s at 77 in Boston.
Railroad and Miscellaneons Stocks.— This has been a week
of pretty steady recovery, the tone growing stronger in the
past two days and the market closing active to-day .with a feelIt is impossible to say how far
ing that was akin to buoyancy
the leading bears have covered their short sales, but while some
may stand out we are inclined to believe that there has been a
large buying for the short account in the past two days. Some
of the foreign banking houses report that there has recently
been a good demand for American stocks and bonds from
abroad, and this accounts for the better supply of bankers' bills
here. But it has wholly been the case that foreign buyers were
most active when securities were high here and not when our
markets were depressed, as the English have so much confidence
in Yankee shrewdness that they are inclined to take what is in
good demand among the home purchasers. Aside from the
points noticed in the introductory remarks above, there have
been few developments of fact this week having any important bearing on the actual value of stocks. The Chicago Milwaukee & St. Paul statement for 1881 is very good, and the
dividend on both classes of stock is better than had been
rumored a short time ago. The railroads of the Northwest are
doing a remarkably good business, and, when compared with
the small earnings of the winter months in 1881, their reports
present a marvellous increase. The annual dividend paid to the
New York & Harlem stockholdsrs from the profits of the city
lines (Fourth Avenue horse cars), not leased to the New York
Central & Hudson River Railroad, is this year 2 per cent. It
was 3 per cent annually in prior ysars.
The New York Lake' Erie & Western Road has given out no
report of earnings since September last, and this very circumstance enabled the parties makinj? evil reports of the company k
finances to gain credence more easily.

..

Maboh

THE CHRONICLK

18, 1H82.1

RANGE

IN PRICES

AT THE

N. Y.

30»

BXGHANOB FOR THE WEEK, AND SINOB

3T00K:

DAILY HIOHB8T AND LOWRHT PRIOBB,
STOCKS.

March

KAII.KOAUS.
AlbAnr A Himnuohanna
BotCoD A N. V. Alr-Llne
Do

133

12B

Odnr lUpUU A

niiiliiiKlou

Fiitu

New

March

14.

ISO

IS.

80

a7S
Angasta

<)t

A Ohio

latpret

Uo

ad pre!

idt Alton

A Qnlncy
Milwaukee * Bt. Paul
pr«(
Do
Obleago A Northweetem
pref..
Do
OhIeacoKook Ul. A Paclho
Burlington

>

QiloaKoHt. L.A Newurleana..
OhloacoStb Paul Mlun. A Oin..

Do

prof

A

('lev
Cincinnati SMirtnaky
Clovt'liiml (.'ol. (-'in.
1ml
Clevi'lniiiWi: i'litnlitiiK i^iiar
(-Irceiiville.pref...
Solumbta

A

A

Dluiubus Chic.

A

•70

March

Friday,

March

Itt.

'130

'180

83
46

•70
89
i«>l 4}^

4S

Jersey

Charlotte Cdliimbia

Gbesapuake
Do

JMuibury

March

Wednesday. TharB<lay,

81

A

86
88

74>t

87% 88^

"•ii" "n
•JS>i 83
•JO", 'JM
ViT-, I'^BKi
128 rj«>,
lOH'slOlti*
lia-a 1111%

VJH\

'.2:'

138
Via
•70

I^IS

sT'iiH
29>t

2'JS:

22

22

l'27Sll30

84

64

•79

83

•70

76% 83
88% 90

80% 84 .
89% 80%

88%

130

13!l

:n>3

30

83 >s

!>»

9SV

-s

130
•72
.S2

89Sl

46

45

79
133

135

9's

75',

10>«

130
75

32% 32%
99% 100
76% 78
132

135

10% los
63

Norwalk

1-Jl

VM'i 13(1%
139% 140

IjOuTslana

LoalavlUe
ItonlsTllle

130
1'28% 130
130^4 131
1.30% 138
110 111% 111% 112% 111% 113%
121
121
121% 121% 121% 123
130% 131 '4 131% 131% 131% 133
138% 140
139 139% 139% 140%
l.'JO
131% 131% 132
131 133%
77
79
32
33% 33% 33% 33% .36 S,
100 101% 101% 101% 101% 103
48--,
47
48% 48%
77% 78% 78
80
78% 78%
>133
133% 136
134%
74
70
70
74
10',
10
10',
10% 10% 10

Muibattaii

Dt
Istpref
Manhattan 'each Co

73>4

64 s« 64 ^
47
49
,

A cLcinnatl, Istpref.

Marietta

Do
Memphis A

2d pref
('harieston

Metropolitan Kl**'t led
MU'hiKaii (.'entral
Mllwaukt'u I.. Hh. A West., pref
Uluueapolts A tit. Louis

Do

4ia«

Texae

Mifl.sourt

I'.'icillc

MolilU'

A-

oliio

••23

26

MoniH

.t

l-'.wsex

1'20

21

6S
12'J

Mi
New York Klevat4;4l
New York LAke Krie A West.
3i\
Do
pref.
69 >4
Hew York New Haven A Hart, •163
new York Ontario AWesteru
pref

Northern f aclflo

Do

pref

Ohio Central
Ohio A MiHHisslppl....
Ohlo^iuiitlieru
Oregon
Trans-Coiitlnental ..
Panama, Tnttti Co. certiiicates.
Peoria Decatur A KvAiisville...

A

PhUadelphlu

oc

Kea^Uiix

Plttaburg Ft.

Wayne <E Chlo

Beasselai:r

SaruioKs

A

Bich.A Allegh.,
Rli:hiiiouit

Bichiuoini
Rochetitor

A

»lui-.k trust ctfs.
Imuvtlle

ik

West Point

.v

I'lllsbtirs;

Bome WaLeiiown A Ogdensb'g
A Terre Haute.
Do
pref.
Si. Loms A Hau Francisco

M.iioalaAiluu

Do
Do
M. Paul A DulQtb

pref. . .
1st pref

Do

Bt.

A

VaionPacUlo

A

Manitoba.

A

BarliUKton

..

Wabash »t. Louis A PaclAo
Do
pref
. .

l^iHtriei 'i'elogiuph

Colorado Coal

A

Futliiian I'liiace

WesLL

5OS1

87

80%

80% 81%

27

88

20
60
28 >a
92

Mx-certlficates

£XPRK8t».
,

tinlted states
Wells, Fargo

A

Co

^ COAL AMD MINING.
Consoliilatlon Coal

Boaacatake Mining

5liS;

.30

Karfpoaa Land A Mining....
Xaryland Coal
OnUrlo Sliver Mining
Penjisylviinia Cotd
Qaicksllver Mining

52% 52%

•86% 00
80% 82

19
'29

60

10
6
62
88

63 Si
93
31

91% 93%

'1

331.J

34% 35%

35%

3'j%

6%

165

170

6»\

18
30

19

18

30 iv

30% 30%

•17'-.

6lSi

"63%

"25 ^ '2i\
51 Si ni-'t
133 Si 135 Si

'25%

18
"6,;"'^

27'

61% 63%

170
22 M 23
47
31
70

"tf3%

107

36% 37

20
116
100
30

:18
luO
30 Sj

110
100

•23 "4

!!!!!!

•23

25

63
34 '4
45
88 S<

64

64

64

48

31. '4

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

63% 81%
133

30% 30 '4

120

no

123
113

20
26

20
25

31% 32%

45
88 Si

48

32

103

48
32

49

37%
74%

53% 63%

30,800
93
1,141
1,100

800

65%
89% 90%
81% 83%
43% 44%

10,700
l,3'2i

37
75

600
100

Si

"eijii

63% 67%

32't

71% 72%
16% 16
32% 33
64

"2"9"!4

'23""

67%

57% 68%

183

...

12J.9.S6

6,800
4,t00

34%

'"68"' "6'7%

6,900
8i,620
10

61
137

124

1,626

400
600
46
500

49% 49%
89

89

28% 29%

16%
15% 18% 15% 16% 16
110%li;% 110% 112
111% 112% lll%113Si
33% 33% 33% 35
33% 34% 33% 34 3(
66% 67% 56% 58% 67% 68% 67% 60

124

%

....

124

133

70 « 77 »4

•140 144
140 143
•82
93
93% 931,
731. 73'» •70
74
1'28

128% 126%

1-28

29 >* 30
•l-a

•16

x35
•II
>56
•IS

•e-a

Kxcelslor M Inine
New Central Coal

•1

Robinaou Mining
'.."'.

76% 78%

•26

18
l»s

16>s

35

>i

12
68
15>g

S^

61.
ISi

8\

29,

•17% 18%
•1%
1%
•14
•36

16%
36

•11

ii'

%

•%
•6%

8%

•1

1%

8%

78% 80
140
•02

%

140
93

•35
•237

86
343

58

60

IS

15%

40%
123

79Sl'8i%
139
92
•70
126

37

37
132

133

39% 40% 39% 40%
124 124% 134 12r
81

%

81% 83%

82%

140% 141%' 141% 140

•38

82
74
126

88

6
•1

16

•3%

1%

SS

36
245

11

....

69

69

345

11%

12

•11% 13%
•64

16% 16%

60

15% 15%

•6
•1

1%

16

•$%

586
300

These are lu* prlooa biu and asked— no sale was made

S;

%

60

34%

3%

8%

8%

100

1%

1%

600

14

'15
•8

18%

«18

*S%

...

200
800
100
100

7

1%
17

3%

6,660

t

Lowest price

Mar.

JaS

%

2>4 Jan.

Mar.

2
is

Jan.

Mar.

16
1

M the BwnL

Jan.
Jan.
Feb.
Jan.
Jan.

%MU.

6

^

ex.divldond.

15%

40

114%

18%

.??'»•

131
63 103
1.30% 16S
9« 130%

38% 62V
80% 86V

Jan.
Feb.
Jan.
Feb.

164% 180

25% 43%
23% 26%
53

21

Jan.
Jan.
Jau.
Jan.

60

18
64
190

83
200

60

J.in.

130
35

99%

% Mar.
Mar.

43%

Jan.
92 Jan.
46% Jau.
66-a Jan.
106% Jan.
30% Feb.

Mar.
Mar.
Jan.

Feb.

1»'4 Feb.
2 Jan.

2%J^.a.
26 Jan.
36 Jan.

245

Jan.
14% Jan.
6214 Jan.
17% Jan.
37 Jan.

l%Jaa.

6% Feb.
4

3%

Jan.
Jan.
Jan.

1%F«».

80
171

174%

85
38

143%

50

60%
77

V

6S

r.5

til%

80
26

IISV

15

105%

431,

88V

88

iai*t,

33% 60
64% 9«%
14
13

81
35

20

88%

10 30
18 i;u
3 38
18 :'20
3

17

77

74%
87
115
48.^
180

83%

151

4V

93

153

88
19
14a

30

4<

14

39V

1%
17^
83%
340
13
68

31V

17% J?36
1

4

1% Mar.
20

74»«

143
146

122
22
22
3U

70

3SSiJan.
71% Jan.

36% Jan.

V

88% 113>«
41% 78V

61%Jan.
J.in.

37

27% 67%
127

IT'-i

37%

.35

Mar.

119%

70

32% 61
64% 88%

Jan.
Feb.
Feb.

76
119

V

86
118

38% Jau.
23 % Jan.

263
34
26

110>»
117'a
68>s

62% 70V
34% 64

08% Jau.
37% Jan.
77% Jau.
23% Jan.

37%
67%

V

68
24
16
41
93
77% 128
126
84%
1^
42
64%
30%.
23

43% Jan.

195

30>*
66

18
9
«

]09%Ja'j.

75

alio"
121
106
148>»
67 >»

16% 38
79
60

133% Jan.
85
172

31
33

86
112% 136>4
44
63

Mar. 15 148% Jan. 10 120
Feb. 18 87% Feb. 25 82%
Mar. 8 80% Jan. 26 51%
Feb. 24 130% Jan. 6 112

16% Mar.
11%

38%
14
41
32

87% Jan.

2.10

Jan.

67
"306

•%

1%

Mar.

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.

I '24

Fell.

124

39%

137
140

Jan.
Jan.

94
63

16=4 Mar.

Feb.
Feb.

28% Mar.
16% J an.
l%Msr.
33
340

16% 16%
•8

Mar.

44%

100% Jau.

24

43
78 '4 Feb.
28 Feb.
68 Jan.

3

tofniont MInlny
•

61

13

23

Fob.

28%

25% Mar.
l;-'3

76% 88

Jan.
137% Fob.
48% Jan.
16 Feb.
49 Jau.
37% Jan.
116% Fob.

Mar.

Feb.
Fob.
Jan.
Jan.

V

111% Jan.

61

88

61
109 <»
41% 88%.
81
101>«
I '27% 143
82
86%.
18% 33
60
77
107
181
66
113^
81

20% Mar.

104%
35%

148S

33%

Feb.

Jan.

66% F. b.
15% Mar.

SO

6

Feb.

44 '4 Mar.
28% Mar.

285 139
230 90
86 72%
78 136

140

"82

"•%

1

S?,

38
130

83
92% 93%
74
72% 72% •72
•1-25
128
136% 126% 126% 126%
•27% 29
•27%...
•28
29%
•17
•17
18
17% 18% 18
18
18%
•1% 1% •1% 1% •1% 1% •1% 1%
if "ii •18 17
'IS
16%

•73% 74

11% 11%
18

40

125% 123% 123

IS

1

Deadwood Mining

126

38
130

40%

Mar.
Mar.

40

Jan.
128% Feb.
74 S Jan.
84 J«u.
18 Jan.
2(1% Jan.

92
90
52
21

Feb.

1'29

66

Jau.
Feb.
Jan.
Feb.
Jau.
Jan.
Jan.
Feb.
Jau.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

140
130

I31'i 147 *»

21% Jan.

52%

33V

V

Jan.

140 31 Jan. 38 60 Feb.
2,913 38 Mar. 13 45'«Jaii.
20,485 103% Mar. 13 109 -9 Feb.
360 37 Mar. 17 48%Jan.
1.026 128 Jan. 31 140 Jan.
14,500 38 Feb. 23 46% Feb.
679 122 Feb. 23 146 Jan.
2,100
% Feb. 2 1 Jan.
234,627 76% Mar. 11 83 <% Mar.

38
38% 38% 39% .38% 42%
104% 105% 106% 106% 106% 106%

30
105
39
130

104 '4

84

Jan.

128% Jan.

2'6"<

Mar.

1(13

15%
9%
82%

Mar.

64

82% 113
80% 1 ^%

;t7%.Iau.

34

3.9.10 108% Jan.
84,725 34% Mar.
1,200
10% Feb.
63,283 109% Mar.
36,975 27% Feb.
54,660 64% Feb.

111%111S: iV2"' 112% iV2 % il2'i.i 112%115
114% 119
36
36 7(
36% 38% 37% .38% 37% 40%

31 Si 3J»4
34% 36Si
1212
12% 12»4
110", 112
1109% 112%
32
SOH
Si
31% 32%
65
56 Si
66
57%

117

Mar.
Mar.
Mar.

Feb.

135
17
4,780 110
2,450 100
14,000 24%
11
20
1,600 20%

23
23%
121 123%
120 l-.il
110 111
111% 109% 110
33 \
33% 33% 33% 34%
26
26
26% 27%
24% 26 Si 26% 29
68% 73%
66
68
71
07

121
111
33

22

27
13
1,900 60
180

"!2"9"%

110',

Feb.
Feb.
Jan.
Feb.

Jan.

118% Mar.

20
3,680
10.093

16%

16
33

"65"

Jan.

00%
88%

Feb.

I

48% 5U
32=4 34%
71% 75

101% 128%

123
136
145
133

Mar.
Mar.

Mar.

80
80
80

113% Mar.

75

18

tIv

82 »4 48%
23
88
127
168
1.33% 182 S>

Feb.

59

215 104
163,910 34
2,830 67
36 168
13,420 21%

75%

45

104

26% Mar.
87% Mar.

400

38

40%

31

Mar.

Mar.
Mar.

18»

5asi Jan.
21
Jan.
37 % Jan.
87% Feb.
84% Jan.
76% Feb.
26 Jan.
37% Jan.
26% Jan.
135% Feb.
138 Jan.

57% Jan.

Feb.
Feb.

120

69
50
16

137% Jan.

78% Mar.
41% Mar.

20,692

170

87% 87%
30

16
66
61
44
82
25
10
6
46
84

f.00

21% 22%

lI7Si
103

34=,

lll>sll

32

131

21

300
150,340

169% 170
'23% 21%
23% 24%
22% 22%

47

"63% 62"'

25

105
37
73
168

"27" 27% "27% "28% "28"%
134

48%

HIgb

BS'sFeb.

Mar.
Mar.

27% Mar.

201)

Jan.

l,ow.

26

HO

4,3.10

Por
iwn. Year FaU
1881.

Jan.
Feb.

1882.

83% Ju.
70% Fab.
89% Jan.

110

1,402
12,200
63,841

25

00
76

188

Mar.
Mar.

122 122 Si
120% 120%
63
59% 60
60% 60% 60
H29% 131% 180 131 130% 131%

25

8%

1,

1,

Higher.

i,;oo
61
Mar.
11.101 1'27'4 Jan.
2,700 36 Mar.
13% Feb.
48 Jan.

59,980
241,900

25

%

202,220 108

20
60

29% .30
94% 96%

170
'22% 24

31% 32%

67

87
44

28% 31%
85
87%
26
23%

28% 29%
93% 95

165

71
18% 39

75',

65

20,745
1,700
2,850

Feb.
Feb.

7i2"di

63

63

88%
81% 82%

70»,

170

72%

Mar.

29%

100 65 Jan.
374,172 116% Mar.
279,8'28
62% Mar.
83 Feb.
6,600 10 Feb.
1,734
16% Mar.
200
20 Mar.

11%

20
60

•

69
68% 59
129% 130 Si 130% 131",
•102 106
104 104 •104

6SS1

Central Arizona Mining

RllvercUii Mining

19

i6>«

46% 48
30', 30%
68% 70^1

•17

UtUe Pittsburg Mining

pref
conaol. Mining
Coal

52%
30%

6

82
87

16% 16%
72% 74%
XP3

30

6

28

38
40
30
102% 104% 104
39
i28" i29
130
3g>a 331^ 36% 39% 40

,

A4*in«
American

30

88

3H, 39

Car

Tiiiiiiel
lunii Tel.,

Do

7l»'»

63%

•93% 05

6
61

22% 22%

103

PaeUlc Mall

BUndanl
Cameron

47H

16

68

14,2(M)

1,700

..

Iron

Delaware A H mlsou Canal
New York A Texas Laud
Orawm Railway dc Nar. Co
Bulro

30

29

I'atUrtu

Toledo Delphos

AJnencaa

30

•85

63

•93

94>4

pref

Paul .MInneap.

Texas

61%

30

•22'.;

61

16

70% 73%
64% 66

119%1I9>«

Western

Do

163.,

74%

04h

48 Si 47
29=1 30 •V

•2-i

.

A

Norfolk

16%
73

21

74
30 133
300 70

6.5

4JSl

•26H '27 'i
87'* UO

Kashvillo cliattauoofra A .St. L.
New York Contral A Hudson .

48 'a 52

20
60

pref..

A

Mlaaourl Kauniw

6
6
47
49
84 Si 86
78's 80 Si

74 H,

28

71

3S0

28>4 29
28
28
29
28 >4
33
29% 30 'a 29% 80% 30
110Hill3°s 111 112^ 112% 114% 114 114% 114% 116% 115% 116%

70 •« 74

19% Mar.

980

103.032 104% Jan.
1,500 119% Jan.
24,310 121 Jan.
4,460 136% Jan.
466 129 Mar.

pref

A Missouri River...
A Nashville
New Albany A Chlo

Feb.
Feb.

Mar.
Mar.
632 127% Mar.
B,8.S0 127% Mar.

•21% 22% '22% 22%
120% IJH", 130 181

,

Lake Erie A Western
Lake Shore
iMOg Island

80
70

ii2"6"6

33

Jan.
Jan.
Feb.
Feb.
Feb.

28% Mar.
74% Mar.

249.676
17,770

91

113% 120% 119% 122s 121% 122% 121% 123%
Delaware L.aukawanna A Weat. llu-j IIH'4 II6S1II9
65 Si iTu
6H\ 5S>c 52% 5i% 52% 56 !S 54% 57
66% 60%
Denver A Jtlo iiramle
82 80
•80
•80
•80
87
87
DabuqaeA slonxClty
1...,
11^ nu 11% 11% 11% 11% 11% 11% 11% 12
Kaat Tennesaeo Va. A Ua
•IT^ 18S; 18% 19
19
19
18
lU
18% 19% 19% '20%
pref.
Do
20>« 20'4
Oreen Bay Win. A St. P., pref
•90
•90
•90
•90
•90
•90
01
91
91
91
91
01
Hannibal A tiu Joseph
80
81 Si
82
83
83
80
84
82% 84
84% 82% 85
Do
pref
04
65'.
61
63 m
66 >s 65 Si
68% 70
61% 64% 66% 67
Booaton A Texas Central
131 13:(s, 131 133
133% 131% 133% 13514 131%135% 135% 130%
Illinois Central
38
87 "a 3T>-j
37
37
38
38% 38
39% 40% 40% 40%
Indiana Illooiu'u A West., new
Keokuk A Due Moines
1)0

44
15

6,710

23',

33

32

80

20% 29%
81
86%

"2'i%'2i%
•30

31

1'28

....

l'20%

7,)

lud. Central

129

"iji"

80

88%

47% 49

30

Jan.

83% Jan.
200

84',

46% 47%

•21% 24

25

Lowest.

180

64

46% 47

"21

•J'i

30% 30%
••22%
•127

109% 110%

I'.'l)

"74'

"ii"

119Sll'20

137H

,

78% 7!) .
88% 89%

129
108Vi!0»'»
l'27Sl

30<Q

"74"

80

17.

Rang* RinM Jan.

Sales nf
the Week.
Ubarea.

130

84

Mtniicsota

.\:

i'lnlittt Iowa
C'iMiii-ulot
<'<>nlr»l I'aiino

>

13.

13S

•ISO

80

No.

(';tlUi<ljl s<iiitlit«ni

riiAi

March

11.

Tuesday,

pref...

BnOkto IltlnbnrKift WeaUrn...
I

Monday,

Saturday,

JAN;

14
7

IS-*

3

3H 'I*

IW

4

—

,

. ..
.

..
.

—

..

.

THE CHRONICLE.

310

.

xixrv.

|ToL.

QUOTATIONS OF STATE AND EAILROAD BONDS AND MISCELLANEOUS SECURITIES.
STATE BONDS.

Alabama
Class A, 3 t« 5,1908....
Class A, 2 to B, small. .
Class B, 5s, 1906
Class C, 48, 1906
63,10-208, 1900
.

Arkansas—
Ft. S. iss.
78, L. Rock
I,. Rock
7s. Memo.
78, KR.P.B.&N.O.KH
R. E. RR.
78, Miss. 0.
78, Arkansas Cent. RR.

'20"

&
&

RR

&

20
20
7

"ii"

Connecticut— 68, 1883-4.. 100
105
Georgia— 68, 1886
108
108
Tsl eDdorsed. 1886
7« irolil 1890
115
I^Qlsiana—
64 14 64 »4
60

100
107
6s, due 1887
108
110
68, due 1889 or 1890-... 112
Asyl'm or Univ., due '92 113
Funding, 1894-'95
116
Hannibal & St. Jo., '86. 105
Do
'87. 104
do

28
28
No. Carolina RR., J.&J. 135
135
Do A.&O
Do coup, off, J.tfeJ. 115
coup, off, A.&O.
act, 1866-1900.
1868-1898.
bonds, J.&J., '92-8

US

Do

.18
4

Do

Panding

New
iof"

New York—

Do

A.<tO

Special tax, class 1, '98-9
class 2
Do

Do

cla.ss3

Bid.

South Carolina—
68, Act Mar. 23, 1869

(

non-fuudable, 1888..

)

Brown

10
10
18

6s, new, 1806
6s, new, 1867
68, consol. bonds
6s, ex-matured coupon..
6s, consol. 2d series

6^1
OJ2

80
61
42

,

6^

Ask.

7
10
101 14 103
49
50
48>a 5S
49
SO
S3
33
33

con.sol'n 68, 1893
Tennessee— Us, old, 1892.8
6s, new, 1882.8.1900....
6s, new series, 1914

13

101

Consol.4s, 1910
68, gold, coup.,
6s, loan, 1883
6s, loan 1S91

SECURITIES.

Ask.

Bid,

N. Carolina—6a, old, J.& J.

1883
1890
Missouri—
6s, due 1882 or 1883

40

SECUEITIES.

Ask.

68,
78,

100
84 "a
100
27

Bid.

Michigan—

81 «
82

6s, funded, 1899.1900...

SECURITIES.

Ask.

Bid.

SECT7BITIES.

District of Columblar-

1887

S-658,

1924

106>a

Ohio—
RegLstored

1886
Rhode Island—
6s, coupon, 1893-99
6s,

Funding

Do
Do

1899

68,

small
^,..
registered"...

RAILROAD BONDS AND MISCELLANEOUS SECURITIES.
(Stock Exchange Prices.)
Ala. Central— 1st, 6s, 1918

& S. Fe-4 12,1920
* Pac— Ist.Os. 1910

t80
951a 97
Prk.Br. tl05'3
48
49 la
Bost. H. <fc E.— lat mort..
100
Bur. Ced. R.& No.— 1st, 58

Atch. T.
Atl'c

Balt.&O.-lst,

114

E.T.Va.<S;Ua.-lat78,1900
1st cons. 53
Divisional 53, 1930

Railroad Bonds.

6s,

Minn.* St. L.— lst,7s,gu
Iowa C.cS West.— lst,7a 105
C.Rap.Ia.F.A N.— l8t,6a

Central Iowa— lat, 78, '99
Char. Col. & Aug.— 1st, 7s 1105
CheasD. A O. -Pur.m'y fd. 112
6a, gold, series A, 1908. 1021a
6s, gold, aer. B, int. def.
45»4 46
6s, currency, int. def ...
Mortgage, 6.S, 1911
Chicago & Alton— l8t m.. ni9
tl03
Income 78,1883
115
Sinking fund, 6s, 1903..
Joliet Jt Chicago— 1st m.
117
La. & Mo.— 1st m., guar. t...
115
t...
2d mort., 78, 1900
St. L. Jack.A Ch.— Ist ra 1151a
l8t, guar. (584), 78, '94 II512
2dm. (3001,78, 1898..
2d, guar. (188), 7s, '98.

73

N. Y. Cent.— ContinuedCanada so.— 1st, int. gu.

93^ 94

Harlem— 1st m.,

Eliz.C.&N.— S.F.,deb.c.6s
1st mortgage, Os, 1920..
Eliz.Lex.&BigS'y.— 6s.-.
Erie— 1st mort.. extended.
2d mort., ext'd 5s, 1919.
3d mort., 73, 1883
4th mort., ext'd, Bs, 1920

.

96
126
103
103 U 104
108
106

5thmort..ext., 7a, 1888.
l8t,consol., gold, 78,1920
Long Dock bond3,7s, '93
Buff.N.Y.&E.— lat,1916
N.Y.I,.E.dcW...New2d,6

til'.;

AO.—

N. Y.C.& N.— Gen.,6s.l910

N.Y. A

Buf. JtS.W.-M.'- 8,1908
<fc T. H.— 1st cons., 63

Marq.— M.63,1921
Gal.Har.&S.Anfo— l8t,63
Fl't&P.

115V
;95
62

65

Nevada Cent.— lat

m., 68.

N. Pac— G.l.gr.,latcon.6s
Registered 6s, 1921
N. O. Pac— lst,68,g.,1920

.

W..stL.AP.— ContinuedChic. Div.— 53, 1910
Hav. Div.— 6s, 1910
190
Tol.P.AW.-l8t 78,1917 110
Iowa Div.—es, 1931
i89
Inrt'polis Div.— 6s, 1921
Detroit Div.— 63, 1921.
uairoDlv.— 53, 1931. ... t....

Wabash— Mort. 73 of

1102

Istm., 63, 1905

.

Ev.

135

New Eng.— 1st, 7a.

125 H; 126
119
123
Norf.AW.— G.l.m.,B3,1931
9415 Ohio A Miss.- Consol. a. f.
t93
120
Consolidated 7s, 1898
2d consolidated, 7s,1911
Istm., Springfield Div..
Ohio Cent.— 1st, 6s, 1920.
1:0 111
Istm., Ter'l Tr., 6s, 1920
102
104
Ist Min'l Div.— 63, 19'.?1
106
109
Ohio So.— 1st M., 6s, 1921
82
85
OregonACal.— l8t,6s,192I
108 1091* Panama— S.F. sub. 68,1897
1041a 106
Peona Dec. A Ev.— Ist. 6s
tl04
Evans. Div.,lat, 6s. 1920

t...

Ist, consol., fd. cp., 78.
2d, consol., fd. cp., 68

78, cp.
1st mort., 7s, reg., 1900
N. Y. Elev'd— lat, 73. 1906
Pr.l'n.6a,'95
N. Y. Pa.

103

97 la

97=j

841a 86
102^1 103
117
llSSi
117
1181a
121
1191a 121
94 =< 951a
94

85
95

112%

'09

Tol. AW.— lat ext, 73 tl09ia
105
1st St L. Dlv.,7s,1889
2dmort.,ext,73, '93.. 1101 1^
Equipm't bond3,78, '83
65

Consol., conv., 7s,1907
Gt West— 1st 78, '88

1.

A

102

09%

2d mort,

7s, 1893 ...
T.-l8t, 78, 1890

1103% 105

Q.
Ill.A.S.L- lst7s, 1882
Hau.A Naples— lat, 7s

106
101

StL.K.C.AN.— R.c,78 tlOO

Ora.Div.— Istniort, 7a 110^4
Clarinda Br.— 6s, 1919
100
St Chas. Br.— l3t 6a.. t
100
107
No. Missouri— Ist 7s. U19 119=4
1103
105
WeatU. Tel.- 1900, coup. 117% 118
&
102
1
1900, reg
117% 11814
Pac. RRs.- C.Pac— G.,63. 1143. 114', N. W. TelBgrapli-7s, 1904
Houston & Texas Cent.—
105
112
IUt, 112
San Joaquiu Branch..
Spring Van W. W.— lat, 68
lat mort., 1. gr.. 78
»4
107
107
1031a Oregon RR. ANav.— lst,6s 106=8 106%
Cal.A Oregon— 1st m..
Ist mort.. West. Div., 7s
Miss.R.Br'ge— l8t,8.(. Os
State Aid bond3,73,'84
1st mort.,Waco & N., 7s till
INCOME BONDS.
103 14 104
C.B.&Q.— 8p.c., Istm
Land grant bonds, 6s. 106
2d, consol., main line, 83 115
{Interest payable if earned.)
126
Consol mort., 7b, 1903.. 125
West. Pac— Honda, 6s 1110 112
2d, Waco & N., 89, 1915
Ala. Cent— Inc. 8s, 1918.
101
lOl'
So. Pac. of Cal.— Ist, 6a
58, Binking fund, 1901
Gen. mort., Os, 1921-.
,\tl. A Pac— Inc., 1910..
107
Iowa Div.— S.r.,5a,1919
Hous.E.&W.Tex.-lst,
Union Pacific- latmort. 1151^
93
Centrivlof N. J.— 1908..-.
Iowa Div.— S.F.,48,1919 187 "a 88
Land grants, 78, '87.9- 115
100
Ill.Cent.— Dub.A S. C, Ist
ChicStL.AN.O.-2,l,1907
1-29
Sinking funds, 8s, '93 117=8
62
C. R.I.& P.-68,coup.,1917
Dab. & S. C, 2d Div., 7s ,
Col.Chic.AI.C.-Inc.7s,'90
tl27
6s, 1917, registered
Registered 88, 1893... 118
Ced. F. & Minn.— Istm. tHO
7S
Centla.— Coup. deb. certs
105
120
1....
Keo.<fc Des M.— lat, g.,58
Collateral trust, 6s
Ind.Bl.& W.— 1st, pref., 7s
Chic.StP.AM.-.L.g.inc.68
Central of N.J.—l8tm.,'90 ilBia 116
Kans. Pac— lst,68,'95 110
95
Ist mort., 3.4-5-68, 1 909 tsgia 90
Chic. A E. III.— Inc., 1907
»75
75
HO
Istconaol., assented, '99 112ie 1X3
3-4
6-63,
1909.
Istm.,
1896
1091a
68,
75
2d mort.,
DesMAFtD.— latlnc.,68
Conv., assented, 1902... 113
Den. Div.,68,a33'd,'99 1071a
Indianap.D ASpr.- l8t,7s 1031* 1031a
53%
E.T.Va.AG.— Inc.,63,1931
idd'
76
102% 102 =, Ellz.C.ANo.— 2dlnc,1970
Adjustment, 78, 1903... 105
Ist cons., 68, 1919.
2d, 6s, 1911
107i<
{100
lieh.&W B.— Cou.g'd.as *103=8 106
lat.i
Br.
Pac—
Int.&Gt.No.-l8t.63 gold
Cent.
U.
30
G' Bay W. A StP.— 2d,Inc
97
Ani.D'k&Im.-58, 1921
Funded coups., 7s, '95. 1100
Coupon, 6s, 1909
62
Ind.Bl.AWest- Inc.,1919
135
98
Atch.C.AP...l8t,6a,1905
C. M. & St P.— l8t,88,P.D. isi
Kenfky Cen.— M.,68.1911
80
Ind 3 Dec.ASpr'd— 2d inc.
95
2dm.,7 3.10, P.D.,1898 117 120
At. Jew. Co.AW.— Ist.Oa
Lake Shore & Mich. S.—
Trust Co. certificates.
lstm.,7s,$g.,R.D.,1902 125
Utah So.— Gen., 7a, 1909 105 107
MIch.So. &N.I. s.fd.78 lOSia
lut A Ot North.— 2d Inc
1st m., LaC. Div., 1893.. 117 "s
Cleve.&ToI.-Sink.fd.. 107
Extens'n, 1st, 78, 1909
2d assented, 63, 1909...
Istm., I. AM., 1897.... 117
Mo. Pac — lat consol., 6a 102
87
Newbonda, 7», 1S86.. 108
Lehigh A W.B.Coal— 1888
112
112
l8tm., I. AD., 1899 .... 117
3d mortgage, 7s, 1906.
Cleve. P. & Ash.- 7 8...
53
Lake E. AW.— Inc. 78, '99 65
108 1< 061a
119
l8tm., C. &M.,1903.... 120
Pacific of Mo.— 1st, 6s
Buff. & Erie— New bds
Sand'ky Div.-Inc, 1920 43
100
Consol. 7s. 1905
1181a 120
112=4
2d mort., 78, 1891
Buff. A. State Line- 7s..
Laf.BI. AMun.— Inc78, '99 150
102!^
2d mort., 7a, 1884
98
St. L. A S.P.— 2d, tin, cl.A
Kal. & W. Pigeon— 1st
Mil. L. S. A W.— Incomes.
125
86=,
Ist, 78, 1.& fa. Elt.,1908 1171a
3-68, cla83C, 1906....
Det.M. A T.— I8t,78il906
81
Mob. A O.— 1st pref.deben,
B.W. Div., 1st, 68, 1909. 3031a
87=,
363, cIa.3sB, 1906....
Lake Shore— Div. bonds 120
55
2d pref. debentures
91
94
1st, Bs, La.<& Dav., 1910.
1st, 63, Pcirce C. A O
Consol., coup., lat., 78 1281a .28Hi
3d pref. debentures
Ist S. Minn.Div.,68,1910 1031a 104
Equipment, 7s, 1895.. 1100
Consol., reg., lat, 78... 126
4th pref. debentures
Istm., H.&D., 7s, 1910 113 . 114
123
80. Pacific of Mo.— latm 103=4
Consol., coup., 2d, 7s..
N.Y.LakeE.AW.-IncOs.
Ch.A Pac. Div., 6s, 1910 1061a
123 ij 124
Tex. A Pac— lst,68,1905 105
Consol., reg., 2d, 7s
47%
N.Y.P.A O.— l8tinc.ac.5-7 145
91=4
1st Chic.ifc P.W.,58,1921
124
100
1
Louiav,.A N.— Con8,78,'98 121
Consol., 6a, 1905
31%
Ohio Cent.— Income, 1920
63I4
Mln'l Pt. Div., 68, 1910
100
13
Income A I'd gr., reg.
631a
2d mort., 7s, gold, 1883
Min'l DIV.— Inc. 78,1921
C.& N.west.- S.f, 78, 1885 tl06
lst,RioO.Div.,68,1930
81^ 81=4 Ohio So.— 2d Inc., 6a,1921
Cecilian Br'cTi- 78, 190',
30
Interest bonds, 7s, 1883 101
lOti
92
94
N.O.AMob.-.l8t,68,1930
Pennsylvania RR—
Ogdenab.AL.C.-Iucl920
Consol. bonds, 78, 1915.
131
133
98 13 Peoria D. A Ev.— Incomes
Pa. (JO'S guar. 4 las l3t c
961a
E. H. A N.— 1st, 63, 1919
66
Exteuaion bonds, 78, '85 102
Gen'lmort., 6s, 1930..
Registered, 1921
60
Evansv. Div.— Inc, 1920
l8tmort.,78, 1885
107 V
Pensacola Div.— 68,1920
Pitt.C.ASt.L.-lstc.,78
40=4 41
Rooh. A Pitt3.-Inc.,1921
Coupon gold, 78, 1902... 124 1241
105
lat reg., 7s, 1900
St. L. Div.— 1st, 6s. 1921 104
S. Caro.R'y.- Inc,68,1931
Reg., gold, 78, 1902
1231a 124
57
2d, 78, 1913
2d mort., 3s, 1980
St. Loui8 I. Mt. A So.—
Sinking fund, 6s, 1929.. 111
Nashv. A Dec— 1st, 7s. i"l7"
Pltts.Ft. W. A Ch.— Ist m 137
102
Ist, 73, pret. Int. acoum.
Sinking fund, i-eg
S.A N.Ala.— S.f.,6s,1910
2d mort., 7s, 1912
1132 136
2d, 6a, int. acc'raalatlve
Sinking fund. Ss, 1929.. noo
I-eban'n.Knox.— 68,1931 101 14
131
133
3d mort, 7s, 1912.
St'gI.AB'y-Ser.B.,inc.'94
Sinking fund, reg...
tioo
L'isv.Cin.A L.— 63, 1931
Clev.APittsb.— Con8.,s.f
Plain Income 6a, 1896.
Iowa Midl'ud— 1st m., 8s *120
4th mort., 63, 1892
lii'i'
L. Brie AW.— Ist, 63,1919 1021a 104
Sterling Mtn. R'yluc.,'95
Peninsula— 1st m., conv. 120
100
Sandusky Div.. 6s, 1919.
Col. Ch. A I. C.-l8t, cons 122
StL.A.AT.H.— Div. b'uda 140
Chicago & Mil.— Istm.. 1118
Laf. Bl.A M.-l8t, 68, 1919 102
1021a
2d con., 78, 1909
Tol.Del.A B.— Inc.68,1910 124
Winona Jk St. P.— Ist m.
1091a Louisv.N.Alb.AC— l8t,6s 101=,
1st, Tr't Co. ctts., ass'd
Dayton Div.— 83, 1910.
2d mort., 78, 1907
86
Manhat.B'ch Co.— 7s,1899
2d, Tr't Co. ctfs., ass'd
Tex.AStL.-L.g.,luCl920
Mil.A Mad.— lat,68,1905 tlOo
104
M.B'h—
l8t,78,'97
N.Y. A
l8t,Tr't Co.ctf8.,8uppl. 110
C. C. C.A lnd'8^l8t,7s,s. f, n2i
Marietta A Cin.— Ist, 78..
St.L.V.AT.H.— lat.g.,78 fllo
Consol. mort., 78, 1914
Miscellaneous List.
;i22
1 at mort., sterling
2d mort, 78, 1898
C St.l,.JiN.O...Teu.lien,78 116
i01i«
Metrop'llfn El.— lst,1908 101
2d m.. guar., 73, 1898.
(Broker's Quotations.)
letm., con., 78, 1807
116
39
40
2d mort., 6s, 1899
t90
Plts.B'd.AB.- Ist6a,1911
Va. State— Now 10.40s,
90i«
C. St. P.M.* o.— Cons.
_
110
Mlch.Cent.— Con.,7s, 1902 125'
Rome W.AOg.— Con., lat. 81
Atl. A Gulf— Consol.78,'97 tl06
C.St.P.&M._l8t,Gs,19l8 112
8s,
1882,
f
104
mort.,
s.
1st
Trust Co. certificates...
Atl. A Charlotte— Ist, 7s.. 107% 108%
831a
No. Wise- Ist, 68, 1930.
100
Equlpm'nt bonds, 8s,'83
Roch.A Pitt— lst6s,1921 100
Income, 68
Bt.P.&S.C- 1st, 68,1919 112 112i»
70
72
68, 1909
Rich.AAU'g.— I8t78,1920 90
95
Stock
Chlc.A E.Ill.— lst,8.f.,cm-.
100
90
96
Coupon, 58, 1931
95
Rich. ADanv.— Cons.g., 6s.
Car. Central— Ist, 6s, 1923
981a 100
CoL& Green.— l8t,68,1916
112
115
Registered, 58, 1931....
Consol. m., 78.
Atl. A Ch.— lst,p.,78,1897
Ga.—
Cent
2d, 6s, 1926
98"
112
120
Jack. Lan.A S— 68, 1891
Inc,
1900
Del. L. <t W.— 7s, conv. '92
99 14 Scioto Val.— Ist, cons., "Ta.
MiLANo.— l8t,4.5.68,1910
ChicSt.L.AN.d— 58,1961 98 102
102
Mort. 78,1907
tl27
76
Mil.L..S.AW.— I8t68,1921 t92
991a St. Louia A I. Mount.— lat 1141a 114=4 (Un.Ind.St L.A O.— IstOs
Byi-.Blng.dtN.Y.- lat,7s
125
75
ASt.L.-lst 78,1927 1:114
Minn.
2d
mort,
78, 1897
106
Galv.H.A Hen.— 78, g., '71
107
Morns &. Essex- 1st m 133»s 138>a Iowa Ex.— lat, 78, 1909. till
107
Arkansas Br. 1st mort. 107
Georgia Railroad— 7s
2d mort., 1891
115
103
2d mort, 78, 1891.......
Cairo
Fulton—
A
1st
m..
107
8s
Bonds, 7s, 1900
75
82
S'thw. Ex.— lst,7a,1910
Cairo Ark. A T.— Ist m. 1051a 106
Kansas A Neb.— Istmort.
780f 18711901
120
20
27
Pac. Ex.— 1st, 6s, 1921
198
Gen.cr'yA l.g.,58,1931
78
79
2d mort
latm., consol., guar.,78 1211a ,„
124
116
K. A T.— Gen.,con., 63
77
StL.Alton A 'T.H.— Istm. 1117
Long Island — Ist mort..
Del.&H.C— l8tm.!7s,1884 lOSia 105>4 Mo.
Cons., assented. 1904-6. 102 la
Ist.cons. 105
mort,
2d
pref.,
Meinpli.AChar.—
73,1894.
1105
108
l8tmort.,78, 1891
115
2d mort.. income, 1911..
62
2d mort., income, 73, '94 1
101
Ist, consol., Tenn. lien.. 106
l8t mort., ext.,7s, 1891
118
H. & Cent. Mo.- lst,'90.
112
BellevilleAS.Ill.- Istm. 1
124
N. O. A Jackson— 1st, 83. 109
let mort., coup., 78, '94. 'il7
Mobile & O.— New m., 68.
118
122
St.P.Minn.A
Man.—
Certificate, 2d mort.
l8t,7s
08=,
109
1
Ist mort., reg., 78, '94
117 la 117><
Collat. Trust, 63, 1892.
40
30
2d mort. 63, 1909
IOOI2 N.Y.AG'nw'd L.— l8t,7s,n
1
l8t. Pa. Div., ci).,78,1917 121
Morgan's La.&Te.x,l8t,6s
11
9
Dakota Ext— 6s, 1910
mort
106
2d
Reg., 78, 1917
120
120
1241a Nasfi.Chat.ASt.L— lst,78 1141s
St
P.
Dul.—
S.C—
Ist
m.,88
A
lst5s,l'J31
100
Northeast,
Alb. <fc Susn.- Ist m., 78 113
2d, 68, 1901
120
So. Car'a R'y— lst,6s,1920 199
2d mort, 8s
2d mort., 78. 1885
lOO*
N. Y. Central— 68, 1883 .. i03'ia
85
2d, 6s, 1921
St Joseph A Pac— lat m. 80
lst,cou8., guar.78,1906
68, 1887
108 13
27% 32
Tex.Cen.— l3t,3.f.,78, 1909 107
2d mort
Bens. A ,Sar.— 1st. coup. i25'
12
6s, real estate, 1883
9
103
Tol. Del. A Bur.— Main. Os
St. Jos. A We3t'n— Stock
Ist mo: t., reg., 1921
185
82
6s, subscription, 1883.. 1103
75
lat, Dayt. Div., 63, 1910
Tex. A St L.— 1st, 6s,1910
Denv.dt Rio'ir.— lat.1900 112^9
N.
Y. C. A H.— Ist m.,cp, tl3334
107
101
7.s
lat,
Ist
Ter'l
N.
tru8t
6s,
Western,
1910
iSt. ccnsoi., Tg, lyio
100
l.st mort., reg., 1903 ..
73
132
Vrg. Mid.— M.lnc. ,63, 1927
Wis.Cent.- Istseries, new
80
Den > So.v.dt Pac Ist.fs lOl "a 100'«
103
Huda. It.— 73. -M. s. f.,'85 110
44
W. St. L. A P.— Gen. m., «a
82=,
2d series, new

2d mort.,

7s, 1905 .
St. P.— 1st. 6s
G. Bay W.
Onll (5ol.
S. Fe-73, 1909
Han.
St. Jos.- 8s. conv.
Consolidated 6a, 1911...

&
&

85

871a

.

.

—

.

.

.

. .

.

C—

'l*nce8 nouiiual.

t

And accrued iatercat.

t

No price Friday—ttiese are latest quotatloas made tUis

weelv.

—

.

.

.. .

,

New York

rondwur

PUICK.

Phioi.

COMPAXIM.

For.

Amerlo*
Am. KxohiuiKe.
gowtty
Butohars'
Ouitral

l>lal.

BM.

100
100

SB

& Dror'n'

M
M
100

Bowtrjr

Broad war
Brooklyn
ritlMiu'
City
Cltnton

100
100

Ch»M

Qjialblm
Onenilcal

BO

IW
I8U
ISO
Ida

101)

boston A Providence 7s
iinrl. AMo.,landgrant7i....
Ei
Nehr.Ss
do
Nebr.Ss
do

-so
100

Kiiffle

ContlnfnUU
Corn KTrhanga*....

iOO
lUO

Empire CUT

100
too

^fth

th Avenue*

lOU
100

mth.V....'."."!!!;
ilton
jllatio

9enii«nla*

Breenwioh*

HanoTcr
Imp. an<l Traders*.
Irvlna

Uland niT*
fc»aUle^ Hanul'trs'.

_

100
100
8S
100
100
BO
BO
100
SO
100
100

Meohanlca*
Mechanics* As80c*n.
Mechanics* & Tr*dn'
Mercitntlle
Mer<'hiint«*

am

Importers*
Irrlmt

Murray

100
100
100
100

lllll*

Nasflnu*

New York
New York rounty..

N. Y. Nut'l KxchVe
Ninth
North America*
North KiTer*

t<ia

Kings County (Bkn.)
Knickerbocker
^fayotte (Brklyn).
.amar

138
iaa
:co

OS
I.onn Island (B'klyn)
Lorlllard
Manufac'rs' A Build.

130

Manhattan
Mooh. ATraders'...
ies

Mechanics' (B'klyn).
Mercantile
Merchants'
.Montuuk (Brooklyn)
National
.New York Equitable
New York Fire
New Y'ork A Boston.
.New York c'lty
Niagara.

100
too

70
30
as
BO

Oriental*
PaclUc*

Park

North Rlrer
153

100

as
ao
80

People's'

'Phenlx
--dnce'
epnbllo
L Nicholas

Tenth Ward
_,ond
hoe and Leather.
th
» of New Tork.
. .

xacH

PacISc

iio

Park
Peter Cooper

100
100

Phenlx

1*0
100
100

Kepubllc
Rutgers'
standard
Star

las

100

Tradesmen's
Union
United States.

io«

40
so

IM

100
100

WMtSlde*

iva

»a

103

100
100

114
120

lf)S

110
IBS
laj

.

Stuyvesant
Tradesmen's
Inlted States
Westchester
Williamsburg City..

IM
ItH)

SJO

128
300
70

.3S
ISO

ISO
IBS

75

85

100

143

\t.U

BO
so
100

loe
DC
61

no

30
80

145

IS-i

ao")

210

BO

ton

29
80
as
100

vs
70

70

NO
106

BO
105

65
120

..*•

07

130
140
70
110
10
50

140
160

SO
120
120

im
IM

10

87K
38

HO

100

100

too

16
60
IHO

100

80
as
as

114

too

100
25
60
SO
80
80
SO

140
103
20

70
11*3

400

110

1»<)

'.JOO

120
ISO
IIU

I'irt

140

US

190
116

70
TS

SO
H5

25
80
100

140
Its

133
125

78

100

55

UO
BO

as
as
25

75
123

133
ao
l.W

10

i\!t

l'.!0

so

250

2«0

12.1

gnoUUons oj weorte H. Freatlas, Broker,

[Sa*

grooklynOss Light Co
Itlzens'Oas Co (Bklvn)
boDOS
do
Harlem
Jsr«e7 City A Hoboken

as 2,000,000
SO 1,200,000
I,C00

80
ao
so
100
BOO
100

Manhattan
Metrutralltan

do

t>onds

Mstaal, N. T

do

t>ODds

1,000

•Man. Brookl/n
do
scrip
New Tork

as

a-.
100
10

People's (Brooklyn)

Bonds
Bonds
Oentraloi

1,000

Var.

New Tork

80
80

WlUlamsbarg
do

17 Wall Street.!

l>onds

1,000

Metropolitan, Brooklyn
Monlcrpal

100
100

do
bonds
Pulton Mnnlclpal

Var.
Var.

A.AU.
F.AA.
730,000 J.AJ.
4,000,000 J.AJ.
2,800,000
1,000,000
5,000.000
1,000,000
1,000.000
700,000
4,000,000
1,000,000
879,000
18S,0«0
466,000
1,000^)00
1,000,000
1,000,000
8,000,000
780,000

18»8
Feb.,

M.A8.

Qnar.
F.* A.
Var.

M.AN.
M.AN.
J.

A

J.

M.AN.
Var.
r.* A.
Qnar,

A.AO.
M.AN.
si!

AN.

'iob lljlOO.0001
145

!05

no

ua

94

luly,

166

170

230
166

ass

•m

IW

Jan.,
97
1882
1101
3)t
" Sept., fV, 19

Nov.,

's

Nov.,
Jan.,
1S»7
lUOO
JnlT,

*8l

I

'78

.

1st mortgage.
«ad St A Onuid
lat mortgage
.

SOOAc
1,000

8t.

Ferry—8t*k

100
1,000

AD.
Q-J.
J.AJ.
M.AN.
A.AO.

900,000 J.

100 1,000,000

203,000
748,000
236,000
HOO,000
aoo.ooo iilAN.
aso,ooo
500,000 j.'aj;

100
Town—Stock
lat mortgage
1,000
Boost. WestBt.A Pav.r*y-8t*k
too
1st mortgage
BOO
Second Avenue— Stock
100 \,\MJMO J.AJ.
8d mortgage
1,000
150,000 A'.AO.
Con.^'tl. convertible
l/MO 1,000,000 Si .AM.
Ext*"islon
SOOAc
aao,goo M.AS.
Sixth Avenue— Stock
100
noMa U.AB.
1st nil irtgage
1,000
500,000 .I.AJ.
Third Avenue— Stock
100 a,ooo,oao Q-P.
^t mortgage
1,000 2,000,000 jTaj.
TVenty-thlrd Street—Stook.
60O.00OI K.AA.
100
1st mortgage
1.0IM
aso.oool M.AN.

Central Crosa

.

This coluna shows last dlvUteoa on

stocJis,

96

29

30
107

lOS

Ao
_. VO
_.

*80
'82
Feb.."-

98
75
68

BB
--

IM

lUOO
Jan.,
Dec.^
18S^

;8

a05
103

so

,210
1110
j

88

Broadway.]

June, 'US'IJS
Jan., 'saaco
Jan.. '811 too
Nov., *81I200
Apr.,'931110

a7«
114

150
106

218

no

ISO
170
105
125
142
119
100

no

iVv
i'to

lis

fl7

72

Xov.1904 109

110

I

Jnly.
Jan.,

Apr.,
Nov..
Sept..

M

Fort Scott A OuK 7s
Hartford A Krle 7a
K. City iJiwrence A So.

Jo.AC.

Kan.(5lty,8t.
Little

Kit

A

..

B.lB.

.

104
119
110

Ft. 8ir.lth,'!s,lst
,

.

83H
30H

75

78

4»1<

51

England...

148
108
108
149

Mar.,
aao
July,
Fe>.
July, *<Wl|l~«
Feb , «« IBO

139

B6

15X

4a,rcg.,18ft-190«
4s.reg..!9j8.....

May t« no

isa

Allegheny VallVi;
A Western
pref.
do
tJsmden A Atlantic...

17

Buffalo Pitts.

12^ 13J

pref.,

80
40
88

Lancaster,

71

.

. . .

Huntingdon A Broad Top. 'aS
do pref.
do
61M
Lehigh Vallev...
87

ItSH

78, reg., 19<n

A Pac. lat m.,6s, g..190S

»w<
vr.hi

89

do
do
do
do

s«

do

do
do
do

Norrlstown....
Norfolk A Western, pref
com....
do
do

IMN

North Pennsylvania

euTi 61
IB 1 IBS

Pennsylvania.......

PhlladelphlaA Erie
Polladelphla A Reading
PhlladelphlaA Trenton
PhMa.wnmlng. A Baltimore
Louis,

com

do

pref.

asM asM

A UululhK.K. Com

6a,par&ri890,Q.-M. :i8W
lis
6s,\898,k.*s:.....
iaa
6s,exempt.*M,M.*8.
lao
Ss,U00,
6^1909, J.AJ

Q-J

5t, 1916,

new

Norfolk water, gs
XAiLaoAD STOCKS. Par.
Bait.

A

Ohio... J

IW

1st pref
do
3d 9ref
do
Wash. Branch. 100
do
Parkersb*gBr..90
do
SO
Northern Central
SO
Western Maryland
Central Ohio common..... 90

A

ISS
las
laa

'7W

I07M
Bait. A Ohio ta. laSSU^AO.
Sd m.Anar..2MA*!
W. Va.
irsv.7s.*l8^AJ
Connell
PItUb.A

N«Sh.rnCent™.{s^^J«.C«

lib'

Belvldere Uela.

UJ4 W. Md.6s.lat mMgr_"IWAJ.
do isi m.,i»»,J.* J...,

do ldm.,guar.,J.A J.... iia
i(»
do 2d m..pref
do Jdm.Ar.brW.Co.J*J 118
do 6s,ldm.,taar.,J.*J.

1st m..la,19a!.i lis

•10

Id m.es.*»..i:aa

do

tdm.

'

108
.14

m. 7s. g.. 14(3
m. ear. «i. 1901. ios

114)4

Att. 1st

Per share.

I24U
cin. Ts, *«. F. A A .. iat
a4,M.AK
IO«H
do
M.ad.J.AJ
99 •SSI
do
Ualoa BB. 1st. gaar.. J. A J.
C-inioB aadarsad
do
4a
ConaoUdatad Oas
loiM lOII
bonds
Do •

M». A

(s.*<n..iioa

(e,ei
Bort.«e. *8»

107
ISO

do ••,iii.'!2*si'*i'
Cen. Ohio 6a. 1st B..'9MC* S. lOTii

«M

pref...

Cam. A

no

-

BAILBOAD BONIW.
Allegheny Vai..7a-lO<.I3M...tUl
7s,K.ext..l»t0|Iio
do
do
lnc.7s, end.:*»4.l BB

CauAen AAmt.tvft«.^oup,*i3

47

COLnellsvllle

40M *HH

iVs
199
113

io

N.

OaHAL STOCKS.
Lehigh Navigation
Pennsylvania
Schnylklll Navigation

arc
lis

lae
1«4

}«S1

BAILBOAD M**SDB.

West Cheater consol. prel.. ..
WestJersey
Wast Jersey A Atlantic

104W

6s,:8M, J.AJ
6s,lB90,qaarterly... 108

Plttabu g

184

amtad N.J. Companies

MM

»«

BALTinOBB.

Harvland 6s, defense, J.A J ICSM
6s, exempt, 1887
00
6a, 1890, quarterly,
do
5s,qiurterly
do
Baltimore (a, IS84. qnarterlr. 104

Nesquehonlng Valley

t

do

do
Bio Grande Djv..
do
cona. m.,6«,g..l905
Inc.A 1. gr., .s 191S
do
Union A Tltuav. 1st m. 7s. *90.
UnltedN.J. cons.m.68,*91
Warren A F. Ist m.78,'9«...
West Chester cons. Ts.'9l...
West Jersey 6s. deb., coup.. "SS
1st m.6s, cp.. *96.
do
do
latm. 7s, '*....
do
cons. 6a. 1909
W. Jersey A Atl. lat m. Ss, cp.
Western Penn. BB. 6a,cp.'93.
ts P, B.,'9«.
do

.

In default.

68

,

A Bound Brook....

KastPenasvlvanla.....
Elmlra A WllUamsport..

•

114

MX

.Morris, boat loan, reg., 1883.
Pennsylvania 6s, coup. 1910.
Schnylk. Nav.Ist mMJtt-.fl.
do
2d m.6a,reg.,19ir;

i«W

iVd
191

but the date of maiiulty beaito.

la4^

OAKAI. BOIfDS.
SB
A Del.. 1st m., 6a. 1886
Lehigh Navlga. m.,as, reg.,*g< 104 104H
do mort. BR.,rg.*9^ J 17
U6H
17«
do cons. m.7s, rg.jl9r

pref

(^lawlssa.....
pref.....
do
new pref
do

ad

lai

Ches.

BAltBOAD STOCKS.}

da

5B,'.920

.

SH*.reg..l»l2...
Philadelphia, Ss reg ... .-...—
do •s,n.,rg.,prlorto*Ki
do 48, various
(!o

do
do

do

.

or cp^
5a,new.reg.,18«!-l».i 117M

do

91

do
2d m.. 7s. cp..93.
do cons. m..7s.cp., 1911
do coD!.m.6<.g.lKul911
do Imp.m ,<s,g„ U. 1891
do gen. m. 6>, g.. C.1S<H
do ln.m..7s,coup.,'896 US
do deb. coup., l'«93'...,
CO do ouh. off, 1893.
80
do tcrlp, I8J!
do conv. 7a, R. C, 1899'
do
7s, coup, off, '98
mi.AI!.CoalAIr'n deb.7s,92<
do
deb. 7s. eps.oa
do mort., 7s, 189-^-3
Phlla. Wllm. A Bait. 6s, '84. . .

'Texas

|

105

oehi

tOSH

8yra.aen.A Corn*g,lat,ls,liae

58. g'd. lnt.,reg.

do

iJM

do
ad m. ts. 1933.
Snahnry A Erie IM m 7s, *97.

23

Hutland. pref erred
Kevere Beach A Lynn

Paul

117

114
Brie id m. 78. cp.,'
cons. mort. 6S.1920

A

do

,

St.

124M

116K 118

Rich. A Danv.cona.lnt.6s,191S
Shamokln V.A Pottsv.7s, 1901
Snnb. Uaz. A W.,lst m.,5s,*'ti.

Ogdensb. AL.Champlaln ...
pref
do
•• 125J(
Old Colony..........^
Portland Baco A Portsmouth 124^
Car
Palace
Pollraan

St.

m

Pltts.Cln.A8t. L.7s,con.,190C 118

Northern of N. Hampshire...

Norwich A Worcester

cm. i

124

.

. . .

Plttsii.

....

1906...

po

do

B., 7t, cp.,'9e

Scrip

BR.7s,18M

Newt'n A N .T., 1st m.
lOlU Phlla.
Phll.A R. Ist m.<s,ex.duel910
165
do
1910
do

,

A

A

do

do

Fort Scott A Qulf pref..
common.
do
Iowa Falls A Sioux Cliy
Lltt.eKocia Kurt smith ...
Manchester A Lawrence....
Mar.Hough. A Out
Mar. Hoagh. A Out., pref
NabsuaA Lowell

Bar. P. Mt. Joy

Narf*kAWest.,gen. m.,<a.lUl
Oreek 1st m. 7s, conp.,*ft!.

MtUb. Tltosv. A

Phlla.

FUntAPere Marq
pref
do

do

ilO«

ii»M'io«'

•

Connecticut River
Conn. A Passnmpslo
Connotton Valley
Eastern (Mass.)
Ksstera (New Hampshire)...
Fltchburg

Delaware

lot

Fanns jlv.jren. m. (s, cp.. 1910
do
gen. m.ts.rg., 1910.
97J< 98
do
cons.m.ta, rg., 1905.
do
cons.m.Ss,cp..l90S.
do
do
Ss
Co., Is. reg
63X .8SK Penn.
do
do
4)4S
161
1»1>»
o
do
coip., 1920
101
Perklomen 1st m.8s,coup.,*8
114M Phll.Wilm.ABa
t.,4s,Tr .certs

Concord

do

198

ISOM

100

Ss

103

Oil

ua

BostonA Maine

00

do
do reg., 18M..
do Id m. 7a, reg., I>I0.
do con. m., Ia,rg, JUS
do
do aa,(p„lfd
Little Hchnylklll, 1st m. 7s,*S
N.O. Pac. lit m..«a, 1990 ...
North. Penn. lat m. Ss, ep.t'SB
do
]dm.'s,cp.,'N.
do gen. m. 7a, cp., 1908.
do gen.ro.7s,reg., IKH
do new loan as, reg ..

do
Pa.* N.r.C.

Boston A Providence
Cheshire preferred
Chic. A w. Michigan
Cln. Sandusky A Clev

do
do
do

US

Bast Pnnn. lat mort. 7b, "W .. ,.
SLA W'maport, lat in.,7s,'W. 119
Sa.perp
do
Bastoo A Am'i>oy, fla
Harrlaburg lat mor*. •s, "tut...
H. A B. T. Ist m. 7s, gold, 10.
do
cons. m. OS, 19*5....
IthacaA Athsnslst g <LJs.,10

M

?8>» 79
Mexican Central is
New York A New Eng.ai....t io:t5!'.04
T ... !»«....
do
...
Ill
It...
New Mexico A So. Pac.
>gdensburg A Lake Cfa. 6i.

New York A New

1I8M

Lablgh Valley, IstAs.cp.. IMS laiM

too
48*<
Sa.

Old Colony. 7s
(lid Colony. Bs
Pueblo A Ark. Valley, la
Kutland 6s,lsl mort
8ooora7s
Vermont A Mass. KU., ts
Vermont A Canada, new
STOCKS.
Atchison A Topeka
Boston A Albany
Boston A Lowell.

ll«M

Janetlonlatmart.H.'n
do
mort. «*. law...

7s

Little Schuylkill
Jilnehlll

1

consolidated

lOS
61
185

I

m mortgage,

99

94

BlMckerSt. A Fnlt. Ferry-Sfk
100
900,000 J. A J.
»< .(an.. *t'2' 24
1,000
1st mortgage
094,000 J. A J. 7
J'ly.luovilO
Broadway A Seventh Av.—Sfk
100 a,iooMo <J-J.
8K Jan.. ';'2 U5
lat mortgage
1,000 1,900,000 jTad. 7 Mone '!» liH
10 a,ooo,ooo
BnMklyn City— Stock
8H Feb., '82 203
^lat mortgage
1.000
300,000 itan'. "
102
poadway (Brooklyn)—Stock
100
aoo,ioo Q-J.
Jan., *8a 170
Brooklyn Crosstown.—St'k..
100
400,000 y.-j.
18lU
ISO
1st mortgage bonds
1,000
300.000 J. A J.
102
ISSS
Bnsbwick Av. (H'klyn)—Stock.
100
500,000 J. A J.
Jan., 'ii 120
Central Pk .f. A K. Klv.— Stock
100 1.800,000 *-J.
Jan., 'S2 iss
Consolidated mort. bonds
1,000 1,200.000 j7ad.
Dec.i002 no
ehrtslopher A Tenth St.—Stock
100
nM.ono F.AA.
Feb., *82i 90
Bonds
1.000
i.10.000 J. A J.
l*fllS
tlOO
1.
too
'200,000 <i-r.
Orr Dock B.B.A Batt'rv—Stock
Feb., '82 280

Bghth Avenne-Stook

170
109

...1106

-I.

[QaoUttens hj H. L. OkAKT, Broker,

iia
61

Feb..

Feb,

F.AA

do

Penna.

8 Nov., '31 110
aK.Jan., *82 58

818,000

Nebr.ts

do

Chicago Burl. AQulijcy D.Ez 8t«<
Conn. A Passumpslc. Ts, IWi.
Conuottjn Valley. 7s
^astern, Mass., 4HS, new. ... ios'x
Kltchborg UB.,«s

STATE AND CITT BONDS.

«

1.880.000

112

104

PHIIiADELPHIA.

Date.

Par. Amoimt. Period

fts

Vermont A Massachusetu
Worcester A Nashua
Wisconsin Central
pref...
do

Gaa and Cltr Kallroad Stoeka and Bond*.
Sas CoifraBis*.

do

.

»3

100

Sterling

UO

ss

ao
80
so
50

Belief

'230

17
10

100

People's

100
100

~

A Tr*d*r»

US

233

too
ii;

so
so

loward

i3aw

so
so
100
100

us
1»S
aiu
S3

100

133

U'S
ISO

BO

18

100

MetrDpoIts*
notn.polltan
Mount Morris*

40
100
so
so

so
BO
as

Hanover

as
BO
as

Merclmnls' Exch*Ke

.

Globe
Uroenwlob

80
su
79

•rman American*
Serman Kxohanjce*

anhatun*
Martnc
Barket

US

Q«rflUUi- American

Maine Is
jostons Albany 7s
M
do

17

100
80

Kurravut
Ftremea'B
Klr«man's TniBt
Franklin A Bmp....

A

ao
70

aiiu

..

ghartlsra Val..Utm.1a.C.,IMr.
elaware mort.. te, vanoas.
Dal. A Bound Br., Ist, 7s, 1MB

.

doston A Loweina

i*oiitlnental

as
as

IBcome

luS
lOS

Ci>mnierclal

Klvor

raclB'-.ts

ISO

an
an

iSS

KleviMilh W»T<1«....

A

ttoston

100

Kit.'.t

180

o

.

chat, m., lOa, *W
do
do
new7s IWO
Coanectlng (s, IM0-M04

Da..

no

GolOR19rc«

Citlsttiu*

140
10}

100

lowi
Cam. A At ..roas., Ip. c
yam. A Uanlaatoa Co. •a,'*!.
Cauwissa Ist, 's, oonv., 'n.

I1«H

land Inc.

BM. AAk.

asoirarma.

Ask.

landgraotls

Atlantic

Amartoan Bxobaogfl

lasw
aao

A Topeka tst n.7s

do
do

Bid. A$k.

IMH

BM

BOBTON.

atob.

Par.

Aik.

lOU

311

aaotramn.

[Quotations br K. 8. BAir.sr, Broker,
No. 7 Pine Street.)

LlaC.

OOMCANinl.

an

....
.

({noUtloBB IB BostoB, PhllsdelphlB aad BaUlmor*.

Local SecnrltMk
laanraoce Miock

tlarktd thut (•)
not NatUnuU.

.

THE OHRONIOLE.

MAiicn 18.1883.)

Bnak 8l«ck

—

.

..
.. .

.

1^

—

.

.

—

Bailroad Earnings. ^The latest railroad eamiaga and the
from January 1 to latest date are given below. The
statement Inelades the gross earnings of all railroads from
whioh returns oan be obtained. The oolumns under the heading "January 1 to latest date" furniah the gross earnings from
January 1 to, and inoludiag, the period mentioned in the
totals

second colamn:
Latal earnings reported.

,

WUkorMo.

—

,—Jan. 1 to latest date1882.
1881

$.°>7.54l

.

.

.

•

* Inoludin)!: Indianapolis

$118,116
23,023
53,084
523.477
54.374
147,634
255,445
3,578,000
210.455
1,232.913
1,638.834
308,899
3.148.000
3,464,541
272.600
826.461
106,000
208,376
405,478

65.021
426.631
1,133.121
54.999

223,643
211,945
221.625
167.642
30,122
339,238
1,702,960
812,341
317,775
18.286
1,115.875
301.685
426,805

458,494
168,066
233.426
249,533
266,387
2,135.121
72.511
139.312
158,590
15.934
162.831

263.154
908.212
1,145,271

319.587
156.994
36,261
429,415
168.572
407.368
602,800
154.931
63.669
674.100
38.667
3.373.321
136,523
252.727
1,503,075
918,3111

466.028
219.913
137,070
1,150.321

564,872
936.817
76.997
125,467
643,374
161,342
3,720,931
2,655,983
53,447
288,636

$122,053
20.433
39,832
315,647
60.303
126.633
194,239
3,037.125
162.540
1.078,884
1.307.948
272,321
1,766.196
2,355.894
340.220
52,8.223

83,000

Decatur

"
"

%

1.055,925 00
914.392 24
1,8!»4.1!I8 59
l,-35.»34 22
2,153,614 08
1,927,570 45

1,054,248 64
1.462,126 44
1,435,994 57

9,811,634 58

7,850,921 78

978.667 89
1,492,402 34
1,427,481 90

$
76,916,864 85
76,.')69,939 50
76,962,402 9.77,887,629 09
78,492,948 14
79,040,102 78

Coins.—The following are quotationa
Borerelgns

$i 34

'i»$4 87
3 83 ® 3 87
4 74 a 4 78
3 96 ® 3 97
Bnan'hDoubloons.l'i 60 •al5 90
Hex. Doubloons.. l,'i 50 ®15 65
Fine silver liars
1 V3\a> 1 1414
Fine gold bars
ptem.
DlK» A ig dimes. 90 ij* par

Napoleons

X X Reichmarks.
X Gnilders

—

Tradesmen's
Fulton
Chemical
Merch'nts' Exch.

6.1.600

131.700
211, HOC

342.100
18S.700
60.800
117.000

Qiitlatin Nation'l

Butchera'ADrov.
Mechanics' Jit Tr.
Greenwich
Leather Mun'f 'rs
Seventh Ward...
State of N. York.

Broadway

1J3.890

Mercantile

401,5r)ij

5.oya.'200

Pacific
Elepublic

109.300
2211,500

2,456.300
3.110.40O
3.4«7.400
1.574,400
2.2. 3,400
7,228.700
3.018.000

American Exch

.

>-2,soo
139.0011

Hanover
Irvinjr

153,09!)

136.419
198,583
177.580
31,3911

235.262
1,731. 19'>

829.723
317,165
9.043
955.132
200,64ri

397,367
443,129
17.3',790

216,398
237.412
1.834,984
5 4.136

Metrupslitan

23., '200
UaS.OO'

Citizens'

*o4.20U

Nassau
Market

109,500
^11.200

Nicholas
Shoe & Leather..
Corn Kxchange.

1

18J.30(>

3»0.400
2a0.000

Ma^

Currency.

$
4,318,956
4,148.147
4,213,888
4,145,928
4,201,821
4,154,755

80
95
43
62
31

22

(

— 99?ia par
— 93 8 — 95
— 38>a* — sgia
Do unoommerc'l. — 87
-a — 88
English silver
4 73 ® 4 mO
Prus. siiv. thalers. — 68 9—70
U. S. trade dollars — 99149 — 990.
Silver 14s

and

13s.

Five frauos

Mexican

dollars..

U.B. silver dollars— 99 '8»

p»r

S2ii.Oou

3.866.000
5.313.000
15.657.400
5.473,800

3.jl.»0c)

192.600
410.3,0
Uj.700

174000

207,9.')6

223.200
180.000

5 495,800

ei.'e-oo

1,607,700
4.100,200

57.100

lO

449.S»'

286,042.700 10.090,600

81.162,700 J13.715.800 35,8S8.rO(' 16,310.00

deviationa from returns ol previous week are as follows
Dec. f4.6ll.lQ
Dec. 16.962,000 Net deposits
:

Loans and diseouots
Specie
LeKHl tenders

The following

|

Inc.
Dec.

2,'i0-.700

I

Z.oa?i3.

S-ptcxt.

Tenders. Deposits. Circulation. Ago. Clear
t
t
t
t.
826.975.0ST
17.260.700 2»7.79'\300 20.066.700
16,770.600 VWl.rt73.K0 20.026,200 10f4,643.463
933.124.130
16.310,000 266,042,700 19,900,600

It.

320.67i,f.00 53.27il.b00
11....313.716.b00 65.888.000

—

Boston Banks. The following are the
banks for a series of weeks past
Loan*.

H,

.

6.275.700
«, 185.600
6,lD4,eoo

149.413.100

inoludin^ the Item

'

Boston

totals of the

Deposit*.* Circulation. Ago. Citar

L. Tenders.
t

Specie.

t

Feb. 27.. 151.460.500
Mar. 6.. 1S0.'2»0.800
13

33.60

460.6001

U«t. 4

1832.

Dec.

Circulation

are the totals for a series of weeks past:

ISJl.
t
t
Feb. 25.. ..325.034.900 65.753.800

'

225.O0*
591.000
430.100

1,18.I,0,XI

147.9i)ij

65.2 <l
199,4 C

1.369,0 10

1.8 .'3.000
1.901, MOO
2.20.i,lljO
2.21< .6
1.61)0,0

"

31«,»00
S00,00O

925,900
18.610.40(1
7.462.0(hJ

132,40
171.900

»

4,;f4,800
S.9M4.100
3,879,600

»

80,617.024

92.030,300

31.202.700

90.659. 00
bi),225,200

3:.36i).6O0

7!).806.388

31,619,000

63.j38.022

due to other banks."

Philadelphia Banks.— The

totals of the Philadelphia

ban ka

are as follows:
Loans.
1883.

t

Feb. 27
Mar. 6

76.lJ8.6'.l
76,831),457

".; 13

75,067,639

Deposits.
i
71.122,890
88.317.1n0

L. Tenders,
t
19.305.036
lb.419,161
18,175,324

Agj. Clear.
t
45.871.6S0
57.701.624

Circulation,
t

11.035.455
11.910.173
10,985.393

63.2,)6,546

51.73-1,620

Unlisted Stocks and Bonds. -The following are the prices
of securities that are not
listed " at the Stock Kxchange as
quoted at 38 New Street:
Sid. Asked,

Bid. Asked,

Am. Cable

& E., new st'k

Oonstr. Co. *29ia

35

1 '9

2

old

II4

lag

Cal. Pacific stock
Chle.
Can. 80. bonds

4
20

20
9
30

Continental Constr.Co.
Central Railway Construjt'n Co.(D.L.W.)
Dtn.A R. G..W. suh.ex.
Do stock

07^4

71

&

11

17

82
17^1

26

.

.

Do

n.is..68,tund.l02Ja

75
20
15
10
7

Mo. Pao.Cowdry certs I'e
Mex. Nat. bonds
50

Do

stock

8

Mo.Kan.&Tex.K.mort. 75
Mutual Un'u Tel. bds. 62 >«

Do
Do

97

N. Y. Ch.

271a.

Do
Do
Do

& St. L. subs. *22
inef

.

.

com..

26

12%

1st. ex J'e,'82,cp 79^3
N. J. Southern
IH
N.J. & N. Y. com

5
Oreftou Iniii. Co. latex 83
56
stock
Do
Oreg. Short Line subs, loo's
Oreg.lraus-l'oii.pt.
r'ens.

stock.. 14
scrip stk 14

Nations! Express
106
N. X. ^ Sorauton Cons. 85

82
27
2
25

85
53

100%

Pitts.

14

Western

<Si

Pullman's P. Car rghts

4

Rici Al.dt O.Len.suba.
80

50 per cent paid
Kidi.ife

Dan.Ter.r'ts.clOO
extcu. subs

Do

<Si

Ds
Do
Do
Do

1st mort...

at. Jo. ii West. stock..
Pacific Ist
St. Jo.

—
. .

&
Do

13

2d

M
M

2'a

3%

2>ii

1»8

U
8-0

27»a

Tex.St.L.RR.sb.,30 pd 75

Texas

4

Col,

Imp

U.S. Eleclricl^ightCo. 96
Vicksb. Mer'n com. st'k
*

Preral i:u

85
135
107»a

10

Roch.& Pitt.a.ext.subs
Selma Rome D.stoolt

82

19>«

1%
16"

pd 60

9

80
65
30

81

Atlantic stuck
bds.. 78

ite

2d M. stamp
2d M., clean
Incomes
Standard W. Meter

12is

12%

Do

.

& Neb. 1st mort.
2d mort
Marietta & Cin. com
Mid.R». of N.J. stock.
Do
A bonds
Do
B bonds
Kan.

North River Const. Co. 95

N.Y. S.& W. com. st'ck

Do bonds
ti9
70
Den.&R.G.unl'dcong. 99% 101
Denv. & N. Orleans
80
Edison Electric L. C0.21O
340
Hud. Riv. Contract Co. 94
88
Intern at. Imp. Co
x62
6i
Iron Steamboat stock 48
51
Do 1st raort. bds 8tJ
87
Ind. Deo. &. Sp. com.
e^a
9

Do

in gold for Tarious

45.000

948.200
1.092,600

Chase National..
Kifth Avenue...
Qerman Exch. ..

••

45,000
1,107.900

4.t4 .»-](

The

796.500

19.!>74.60C

York County..
iJerm'n Americ'n

....

890.000
i.u'e.boo
45,000
S,400

l.,'*58.4on

N.

Total..

93'2.3(i6

1,321.600
72.b0u
142. loc
131.100
5 3.200
1.097.000

Park
Wall St. Nation'l
North Uiyer
Bast Kiver
H'ourth National.
Central Nat
iecond Nation'l
.Ninth National.
First National..
Third National
.v. V. Nat. Exch..
Bowery National

731,700
7«7.«00
248.100
174.000
2,80»
471,800
30.200
45,000

3,851.000
20,936.600

100.9110

18,8i»7

294.958
42.402
3,189.215
x7,193
221.303
1,319,132
834,246
394,304
236, 3:«
119,432
1,290,714
441.092
449,215
49.731
107,328
613,434
98,622
2,714.539
1,814,434
48,549
191,709

&

Tr..

Germania
U.S.Nat

363.364
164.917
386.156
2J3.341
93,601

S'l.SlKi

Oriental

importers'

792,80«

2.056.600
2.530.S00
2.324,700
1.6DU.2ut
3.838,000
3,Osl.9oe
5.770.800

16.000
io;.ooo

Continental

Marine

1.100
367,690

10.128.00<J

I

3t.

121,586
167,472
77,336
106.312
761,024
883,997
441.113
178,143

12^.000

People's

360,000

1.1103,100

2.2^7.800
9ie.300
3,188,700
9.92S.000
^,570.100
4.164.300

Commerce

t4<m.

1.518.500
1.055.000

152.001)
137.60(,
T.^.SOO
19i.30tl
(505.UOO
Si'O.OOO

BufF.N.Y.&PhUa.subs

%

natal

Phoenix
City

PV7.300

Balances.

"
"

8B» IOC
4D3.000
44,600
450.500
41.000
ssa.ooo

Union
America

CXreulo.

g^

*
9,482.000
5,590.000
5.722.40O
7.411.000
3.5)4.000
4.969.100
8.010.000
6.709.700
1.372.200
1.203.300
13.779,600
3.215,300
2.2)«,800

IM.UOO

..

Merchants

North America..

balances in the same, for >ach day of the past week:

11..
13..
14..
15..
16..
17..

\fanhattan Co.

Do

Coin.

(h„„ u_

%
575.000

Mechanics'

<b Sprlnefleld.

Paymtnlt.

TtnOAfrt.

Chatham

S.

Stteipi*.

-Net S>tvVi

r..«..7

Specie.

192, (jeo

Sub-Treasury.—The following table shows the receipts
and payments at the Sub-Treasury in this city, as well as the

"

Average amount oj
Capital.

Bost. H.

Freight earnings.

Moh.

New York City Ranks.—The tollowing statement shows th»
condition of the Associated Banks of New York City for the
week ending at the commencement of business on March 11.

353,969

62,676
39>,036
799,891
37,560

,

XXXIV.

[Vol.

New York
,

18S1.

1882.

$63,545
23,023
20.438
53.084
39.832
50.024
23,388
Bur.C.Kap.&No..l8twkMar
wk
Feb.
6.259
9,457
Louis.
3rt
Cairo & 8t.
18.127
13,044
Cent.Br.Un. racist wk Mar
255,445
R.January...
194,259
Rap.
A
Mo.
Ced.
Central Pacitte...February ..1.702,000 1,434,218
162.540
January... 210.453
Ches. AOhlo
105,446
Chioajto & Alton .Islwk Mar 122.996
Cliio.Burl.&Q... January.. .1,638.834 1,307.948
31.687
29.746
Chic. AJSast. 111.. Istwk Mar
36.748
Chic.&G.Trk.Wk.cud.M.ar. 4
20.023
92.632
Chlc.Mil.<feSt. P.lstwkMivr 336.000
152,022
Ctlc. & Northw.lstwkMar 372,260
340,220
Chic. St.L.Jt N.O.Januarv... 272,600
96.314
Chi.St,P.MinA0..2dwk Mar.
55.932
83.000
Chic. <feW. Mich.. January... lOri.OOO
192,660
Cin. Ham. &r>ay. January... 208,376
an.Ind.8t. li.&O.Fpbruary.. 186,879 171.511
138,310
Cincinnati South. February.. 174,177
CleT.Akron&Col.4thwk Feb
8.995
8.789
48.29.3
Col.Hock.V.&T..l8twk Mar
44.366
Denver & Rio Gr 2a wk Mar. 120.737
82.376
De8M.&Ft.DodL'e.3d wk Feb.
6.636
6,206
Det.Lans.& No.. February .. 115.436
73,217
Dubuaue&S.City.lstTvk Mar
21.803
8,001
January... 224.623 198,583
Eastern
EastTeuu.V. AG.3 wks Jan. 167.642 177,580
Eur.&No.Amer... January...
36.122
31.399
56.774
45.222
Evansv. &T.H... February..
Flint&PereMar.4thwkFeb 39.672
30.671
GraudTiimk.Wk.eud.Mar. 4 199,159 195,302
Qr't Western. Wk.endMar., 3
90.554 102,702
Hannibal&St. Jo.lstwkMar
37,457
39,890
Houst.E.&W.Tex. January...
18.286
9.043
Illinois Cen. (111.). February.. 535.143
443.679
Do
(Iowa) February.. 1.54.243
80.820
•Indiana Bl. & W.lstwk Mar
55.226
46,391
Int.&Gt. North.. 1st wk Mar
59.164
51,162
Iowa Central
February..
80.759
K. C. Ft. 8.* Gulf. 3 wks Feb.
93.426
54.790
LakeErieA West. Istwk Mar 22.086
23.734
Long Island
IstwkMar 34.918
32.893
liOUisv. & Nashv IstwU Mai- 245.020
212.900
Loulsv.N.A.&Ch.J.aniuiry...
72.311
54,136
Maine Central. ..January... 139,512 121..i86
Memo. «Cliarl...2d wkl'eb. 28.134
27,937
Memp. Pad. & No.4tli wk Jau
4.243
5.947
MILL. 8b. & West 2(1 wk Mar
15.335
6,644
Minn. ifcSt.Louis. IstwkMar
29.822
17.812
Mo. Kans. &Tex.lstwk Mar 111.375
92,930
Mls.souriPa(iHo Istwk Mar 123,553
99,903
Mobile&Ohlo. ..February.. 158.154 216.767
Nashv.Ch.itSt.I- January... 156.994
178.143
N. Loudon North. Januaiy...
36,261
N.Y.&N. Kn«l'd. February.. 213,791 173.615
Norfolk^ West. ..January. .. 168.572 164.917
Northern Central January.
407.368 386.156
Northern Pacillo Ist wk .Mar
94.000
38,030
Ohio Central
IstwkMar 12.490
11,675
OhioSouthern
Istwk Mar
6. 1(8
Oreg'nK.Nav.Co February.. 281.600 160.377
Fad. &Eiizabetht.4thwk Jau
8.812
13,810
Pennsylvania
January... 3,373.32 1 3,189,215
PeorlaDec.& Ev. Istwk Mar
1('.'^65
9,419
Philadel. AErie.. January... 2.)2,727
224.303
Phila. & Rcadinz January. ..1,503,073 1.319,132
do Coal & Ir..January... 918.391 8i4,246
Rich. & Danv ...3 wksFeb. tl76.400 tll4,374
6t.L.Alt.<tT.H. ..Istwk Mar
21.199
29,933
Do
(hrchs).lstwk Mar
17.210
14.098
Bt. L. Iron Mt.& 8. Istwk Mar 132.824
158.968
Bt.L.d>;SanFran. Istwk Mar
5i>.433
63,434
Bt.P.Mlnu.&.VIan. Istwk Mar 123.038
35.546
Scioto VaUey
IstwkMar
8.797
6,034
South Carolina. ..January... 125,467 107 328
Texas .fePacillc.. Istwk Mar
76,945
71,477
Xol.Delp. &Buri. Istwk Mar
17,226
13 044
Onion Paoltio
February ..1,759,863 1,374,740
W»b.8t.L.&Fac. Istwk Mar 291,255 213,915
West Jersey
Januan'.-.
53,447
48,549
Wtoconsin Cent ..February.. 157,700 102,157
Ala.Gt. Southern. February..
Bost.&N.Y.Alr-L.January...
Buir.Pitts.&Wcst. January...

U.

.

THE CHKONICLE

312

as

t

:

..

5"
31a
314
li»
3
12

85
32
821*

86
79
13

:

March

li, 1882.J

;

.

THE CHRONICLE.

Juwestmients

813

" This company owns

all the bonds iiwoed on these lines, aad
the capital stock of these oonsolidatlog companies, exsept
240 share?."

all

ST. louiM wiciirTA

KTATE, CIT* AND CORPORATION FINANCES.

a wsamsN

kaii.wat.

" The road and property of that company lOswego to Wichita,
The InvaaroBs' Supplkmknt ennlaCiu a complete ex/Mit of the ICan,, 14S miles), is now leased to this ooaipiny for forty yuan,
Fundtd D«bt of Stale* and UUies and of (A« Stocks and Bondt at an annual rental which is to be applied to the payment of
the interest on the Wichita ' first mortgage txtods, endorsed b/
*t Jtaitroadi aiid other Ootnpanies. It it published on the last
this company.
A proposition has i)een Knbmitled for the con/Saturday of every other month— ti$., February, April, Jane,
Auffutt, October and Deetmber, aod i* furnished withmit extra solidation of the franchises and property of that company witli
charge to <iU regular subseribtrt of tiU Cuboniolb. SingU copies those of this company, or for this company to acquire the bame
under a perpetual lea.se."
«r< told at |3 per copy.
EXTEN.-iIO.V— PACiriC TO OT. L0U18.
" For soma time past the company has been aotively engaged
In acquiring the rights-of-way for the extension of its main Tine
from Pacific, its present e«8tem terminus, to and into the city
St. Louis tt San Francisco.
of St. Louis, and the same have now been largely obtained."
(For the year ending Dec. 31, 1881.)
* • "Contracts have been let for this work, which is ia
The report of tliis company is made for tlie year 1881, and it progress. The estimated
outlay is $3,000,000, which embraces
«honld be remembered tnat tlio remarlcs relate to tiiat period
right-of-way for the whole distanoo for construcand have nothing to do with the changes which may talie place the cost ofinterest
tion and
accounts and also inclndes $1,000,000 to be
in the company's management and projects under the new
Gould and lluntington aaministration. At the annual meeting expended in the city for real property and for improvements
thereon."
in St. Lyuis, March 14. the number of directors was increased
The comparative statistics for 1880 and 1881, prepared for
from six to thirteen. The directors elected were C. P. Huntingthe CiiBONiCLB, are as follows
ton. Leland Stanford, Jay Gould, RaRsell Sage, J. W. Seligman,
1830.
1881.
Kdward V. Winslow, A. 8. Hatch, James D. Fish, William F. Miles operated
598
061
Buckley. A. W. Nickerson, C. W. Rogers, W. L. Trask and R.
OriSBATIOMS AND FISCAL BE8ULTA.
8. Hays.
—
Operations
The propositions to purchase the St. Louis Arkansas & Texas Pa««cnpcrM cniTiecl
184,741
293.228
i:,886,882
18,.'>29,140
Railroad and the Joplin Railway, and to lease, purchase or con- rasSfiiKer u;ilea(?c
Rate per imasenxer per mile
3-59 ct«.
S-iJTcta.
solidate the St. L .luis Wichita & VVestern Railway, were favor- Freight (toiiH) moved
636,683
«83,.'>-M
ably acted upon.
Fi'ciKlit (tons) milcuw
109,178.009 123,867,774
1"9» ot».
1-80 ct*.
The annual report shows that the net income over expenses, Avcra^o rate per tou per mile
Earnings—
taxes and improvements was .'?1.542,5.')8. From this surplus
$
424.102
605,331
there was appropriated $950,102 f.^r interest (and sinking fund) Pa.iHcngor
2,lS0,:i33
FrciKlit
2,:M-i,610
for the year on the bonded indebtedness of the company ; and Mail, express, <to
9J,1)36
152,.582
the directors ordered paid for the vear two dividends on the
gross
Total
earnings
2,698,371
3,160,523
first preferred stock of three and one-half per cent each,
Operating expenses—
amounting together to $31.5,000. The balance remaining of
Mamtcuanee of wa.v, Ac
439,.'jS2
447.578
the net earnings was $277,45.5.
37(l,I<»il
Maintenance of cqiUpment
437,899
Included in the amount of J I,53,836 paid for improvements Tninsportation expenses
3-i2,383
302,181
i-i,;«2
Taxes
93,988
(all of which has been charged off to expenses) is the cost of
mUr^Uaueous
Ocneral
and
123,766
103,231
4,152 tons of new steel rails substituted for old iron rails. Of
'

ANNUAL REPORTS.

—

—

the main tracks of the company in operation (6(51% miles)
about 4ti0 miles are laid with stHt-1 rails.
The report says " Pursuant to the action of the stockholders at the last annual me«-ting (and subsequently of the
board of directors), the company has made and executed, under
date of July Ist, 1881, a general mortgage to the United States
Trust Company of New York, as trustee, to secure an issue of
not exceeding $30,000,000 of flfty-year five per cent gold bonds.
This amount was determined upon to provide for future requirements of the company, although, for the present, an issue of
bonds in excess of the amount of ihe capital stock of the company
is not authorized by law. By the terms of the mortgage a sufficient amount of the bonds to be i.ssued thereunder is first set aside
and appropriated to provide for all the bonded indebtedness for
vrhich the company is liable, and over and above that sum a
limited amount is devoted to pay for extensions now underway,
and the rest for future extensions, acquisitions and equipment.
Thus far an issue of $1,000,000 of bonds under this mortgage
has been made, in connection with and for the purpose of, the
«itension of the main line from Pacific to and into St. Louis
<34 miles), the accjuisition of property in that city for station
:

fiTonnds and termmal facilities, the construction of the line from
Fayetteville to Fort Smith, Arkansas (65 miles), and the construction of the line from Joplin, Missouri, to Galena, Kansas
(10 miles). Until the completion and operation of those lines,
the interest charge thereon forms a part of the construction
account."
The report of the CommLssioner of the Land Department
shows that the aggregate sales of lands for the year amounted
to 210,717 acres, for $382,141. The quantity of land remaining
on hand unsold at the close of the year was 708,460 acres.
The estimated value of these, at that date, together with contracts on hand for lands sold and the cash assets, was $2,51 7,509.
ARKA.'VSAB DIVISION A.\D JOPLIN BAILBOAD.
line of the Arkansas Division, from Plymouth, Mo., to
Fayetteville, Ark. (70 miles), was built by this company for the

"

Extraordinary

Total
Net earnings.

INCOME ACCOUNT.

222,116

182,887

1,506,169
1,192,202

1.617,966
1.512,557

18.S0.

1.SS1.

$

lireetpls—

Net eaniiugs
receipts

Otliei'

Total income
Oislnirsemenls—

1,192.202
23,598

1,512,557
50,618

1,217,800

1,593,205

Interest on debt
Interest accrued, not due, to Dec. 31.

705,050

821.492

101,2.54

10!».8(i5

Dividends

157.500
103,022

313,000
162,575

Due

leased lines

1,408.932
148.074
184,273
GENERAL BALANCE AT CLOSB OF EACH FISCAL TBAB.
1880.
1881.
1,069,726

Total disbursements
Balance, surplus

.

A ssels—
Railroad, buildings, equipment,

&o

Storkowued. cost
Bonds owned, cost
Kills receivatile

Materials, fuel, Sic

Caslionhand
Sundry con.structlon account
Accounts receivable
MisceUaueous items
Total
Liabilities—
Stock, cmninon
Stock, preferred
Stock, iHt preferred
Funded debt (see SrPi'LEMF.NTl
All other dues and accounts,
inteicst accrued to Dec. 31, not due

$

$

38.015,882
1,121,625
402.344
710,685
138.407
873,428
3.245,232
100.092
83,269

38,280,34a

44,690,464

45,615,134

10,.500,000
lO.OiKJ.OOO

10,.500.000

4,500,000
17,900,000
96,643

hereafter mentioned, are lodged with the United States Trust
Company of New York as secority for the six per cent trust
bonds of this company. The difference in the interest on the
two classes of bonds constitutes a sinking fund for the benefit
of the trust bonds. The conaolidation of the franchises and
properties of the companies owning the line from Plymouth,
^ssouri, to Fort Smith, Arkansas (135 miles), having been duly
effected, this company has purchased the entire property from
the consolidated compw^." » * • " The results of the operatit)!! of the Arkansas Division have been more
favorable than was
anticipated. This line should be complete^ to Van Buren or
Fort Smith in Angu.st of the present year, and a connection
formed with the Little Hock & Fort Smith Railway at that
point, when an increase in traffic for this division and for our
main line may bo expected."
*
•
«
"Measures looking to the cimsolidation of the properties and
franchises of the companies owning the roads from Jiiplin, Mo.,
to Girard, Kan., and from Joplin to Galena, Kan., were instituted some time since and are now about completed." » * •

710,685
154,656
271.911
4,426,135
82,653
83,319

10,000,000
4,500,000
18.6.')0,000

286,992
149,865
229.145
247,863
144,735

141,2.54

223,394
217,8*7
144.694
841,627
625,005

Coupons due

Due for current operations
Dividends
Construction accounts
Balance of income accoimt

The

first mortgage seven per cent bonds and all of the capital stock
«f the companies formerly owning these franchises These first
mortgage boads, and all those of the Joplin Railroad Company

-1,121,585
f483,551

44.690,464

Total liabiUties.

910,534
45,615,134

Stocks owned as follows : St. Louis & San FrancUoo com., $526,700
$231,000: 1st pref., $363,285.
St. Louis & San Francisco 2d niort. " A
$13,995; St. Louis Wicli. & West., $-109.556.
'

pref.,
t

Bonds owned as follows

:

.

The above balance sheet does not include the land department assets, wluch are estimated by the company as follows
:

1881.

1880.

$
lott

ContriKts

Cash

ill

St.

$
1,749.455

2,036.318
50.240

Ijinds

Town

Louis and

New York

Less land deb. bonds outstanding

Valucofasaeto

44,720
545.925
177,40»

637.703
43,982
2,767.636
118,000

2,S17,S0»

2,619,636

2,517,909

Pennsylvania & Ohio.
{For the year ending Dec. 81, 1881.)

New York

The

report of this reorganized

company (formerly

Atlantic

&

Great Western) shows nst receipts in 1881 of $1,650,347, out of
which were paid rental of leased lines, hire of cars and general
expenses, leafing the actual net income for the year applicable
to interest,

fte.,

$776,780.

The report says that

if tlie

bnainess

—

.

THE CHRONKJLK

814

of 1881 could have been done at the same rate as in 1880, the
earnings from freight would have been |1,012,515 larger. TJie
business would have been done at the same cost, and tne cost of
operation, which was 70'35 per cent, would have been reduced
to 69-39 per cent. The decrease in the cost of hauling tonnage
was due largely to the new consolidation engines, wnich were
put upon the road in the latter part of 1880 and the early part
of 1881, such engines hauling a much larger tonnage at a slight
increase of cost. It was due also partly to the large increase
of tonnage, causing trains to run with a fall load. These advantages were offset in a degree by the increased price of labor
and material in 1881 as compared with 1880.
The 2.700 cars provided for in the car trust were delivered in
1881, mostly in the fall of the year, the last deliveries having
been made in December. The full effect of this increased
equipment upon the car mileage balances was not realized during the year.
The stock bonds outstanding, including the amount of first
mortgage bonds issued to the holders of those bonds for the
interest not paid in cash, are as follows:
$34,999,350 First mortgage bonds. $35,930,000
Common stock
10,000,000 Second mortgage bds. 13,080,000
Prefeirert stock
...
8,000,000 Tliird mortgage bonds. 29,000,000
Prior lion bonds
The statistics of operations and income for 1880 and 1881,
and the general balance, at the close of 1881, compiled for the
Cheosicle, are as follows
KOAD AND EQUIPMENT.
I

|

:

1881.

1880.
Miles owned
Miles ler.sed and controlled.
Total operated

Locomotives
Passenger, mail and express oars
Freight and coal cars
All other cars

423
142

558
209

565
215
87

88
4,504
22

7,228

1880.
1 ,323,494
56,035,213

1881.
1,457,226
65,982,669

20354rts.

1-8909 cts.
5,142,679
609,482,972
•6656 cts.

.

22

0PEKATION8 AND FISCAL REBtaTS.

—

Operations
Passengers carried

Passenger mileage

Rate per passenger per mile
Freigbt (tons) moved
Freight (tons) mileage
Average rate per ton per milo

Harnings
Passenger
Freight

423
135

4,125,979
474,279,731
•8318cts.

—

$

$
3,945,494
179,319

1,247,727
4,057,264
189,121

5,265,357

5,494,112

$
845,732
756 402

9
847,436
804,888
2,178,337
34,224

1,140,.514

Mail, express,

&c

Total gross earnings
Operating expenses

—

Maintenance of way, Ac
Maintenance of equipment
Transportation expenses

•

1,938,513
34,622

Miscellaneous
Tot.il (not including taxes)
NeteaiTiings
Per cent of operating expenses to earnings.

3,575,209
1,690,088
67-91

3,864,885
1,629,227

1880.

1881.

1,690,088
28,187

1,629,227
21,121

1,718,27;:

1,650,348

70 35

INCOME ACCOONT.

„

•

,

Netearnings
Other receipts
Total income
Disbursements
Rentals paid
Interest paid on first mortgage bonds!
Interest paid on prior lien bonds
Rental of equipment
Advanced under car trust
General, taxes, &c
Special fund for improvements, &o.....

—

,

480,000
298.382
237,864
170,710
51,955

'60,879

96,345

Total disbursements
1.628,365
1, 643,435
Balance, surplus
89,910
6,913
GE.NERAL BAIANCK AT CLOSE OF FISCAL TEAR IgSl.
Assets—
Railroad, liuildings, equipment, <ke .
$133 003,139
.-•^
"
Stocks owned, cost
11.5,817
Bills and accounts receivable
.V
462,692
,

Materials, fuel,

&c

Due by Treasurer

.'.'.. .'...'.'.....'.''.'.",".'.'.'.".'

".".

All other accoimts

Total
Liabilities—
Stock, common..*.
Stock, preferred

Funded deht

371,279
259.238
57,035
$134,269,200

Deterred warrants
Bills payable

999,,350

10 ,000 ,000
uti ,61o:
,000
V'
^',479:

.565
150, 000
615, 737
148, 299
179, 823

'.'/_

All other dues and accounts
Special funds
Interest on bonds
.....1.

"I

86, 426

Total UabillUeg.,
.

;

mature deliberation and much inquiry, determined
that ic would be advisable to bond the road at not less than
$10,000 per mile, securing the bonds by the usual railroad
mortgage, with a trustee located in the city of New York.
The bonds of this new issue would enable the company to
retire all previous bonds and to pay the debt of the city above
referred to. The bonds of the City of Natchez, and those of
the $200,000 series, are payable at the option of the obligors.
The new mortgage would enable us to put upon the market,
amply secured, nearly $1,000,000 in bonds, when the road is
completed to Jackson, and would provide bon<ls for the Columbus extension, as provision would be trade in the mortgage, as
is usual, for their issuance at the above rate as sections of five
or more miles should be completed." * * "We had hoped to reach
Jackson in February, but the loss of time above alluded to has
delayed the work so that we cannot accomplish this until some
time during the spring.
know of no obstacles in the way
of doing this that cannot be easily overcome."
The following gives the stock and debt Dec. 31, 1881
Capital stockAs per amount last report
$370,509
Amount received since
241,300— $614,809
fore, after

We

Funded debt
Coupon bonds, old, 10 percent
Coupon bonds, new, 7 per cent
Floating debt-

$176,200

27,500— $202,700

Accrued interest on 7 p. c. b»nd8 to Dec. 31, '?1
Accrued interest on 10 p. c. bonds to Dec. 31, '81
Accrued iuterest ou city bonds

$320
1,468
6,.5()2

Billspay.ible

119,389
20,419

Ledger bal<inces
Pay-rolls for December, 1»81

773— $148,933

New

Central Coal Company of Maryland.
(For the year ending December 31, 1881.)
The annual report for 1881 gives statistics only, without
remarks.

COAL MISBD

IN EACH
Tons.

1872
1873
1874
1875
1876

YEAH SINCE 1872.
Tons.

301,188-19
28.5,13309

345,17 7-15
352,84 7-14

1877
1878
243,18605 1879
.
258.851-01 1880
240,233-02 1881
STATEMENT OF PROFITS POB 1881.

1881.
Dec. 31.— Balance to credit of coal account
Dec. 31.— Coal on hand, at cost
Less freight and taxes due

Deduct amount paid
tolls,

mining,

office

332,73900
330,30.5-03

300,982-13

$1,189,717

$55,517

8,887—

Net earnings

46.630
$1,236,317

and canal freights and
and shipping expenses, salaries and

for railroad

Interest

$1,157,499
for the

year

Balance to credit of profit and

$78,848
loss Dec. 31,

President's report has the following

:

Sa «° which
^.*1H,°^. ^^^. company now consist of sixty miles of
the iron
about thirty-two milesof graded
l^
road, the ties and timber for a large
part of the unfinished
is laicf.

°\ >^ayand'^depot grounds, i?on,
e^h'/n°H''?^^'''°'^,"8^^«
cash
and ledger balances, valued
at $954,350.
The cash on
hand and a small sum in Hinds County bonds amount

to $60,619
capital stock is 614,809. The funded debt is
$203,700 The
floating debt is $148 933. the greater
part of which was incurred
°' 2,500 tons of rails.
In construction of road,

The

«inc« P°r*"«« *e have
expended $261,373.
't«*/«P?rt
^^11
stock, duruig the same time,
have been added

Dividend paid Jan 15, 1881
Amounts chaiged against proUt and

theycarl881

1880

$289,537

To our rolling
one new Baldwin

$100,000
loss

during

2,164—

Balance to credit of

102,164

$187,373

Add.
Net earnings for 1881

78,848

and loss Dec. 31, 1881
BALANCE SHEET DIG. 31, 1881.

$266,-22]

profit

$134,269,200

Natchez Jackson & Colnmbus.
{For the year ending December 31, 1881.)

The

XXXIV.

Deduct.
a>n4

V

(see 8ui'Pi.EMENTJ..'."

Income account

[Vol.

ocomotive, 1 new passenger coach, 15 flat cars, 4 box cars and 1
mail and baggage car. The gross receipts for the past year
have been $57,469, against |41,855 in 1880. The operating
expenses were $28,680, against $21,401 in the previous year
an increase arising from the operation of a greater extent of
road. The net receipts were |29,788, against $20,454 in the
previous year." * * "The company has met the interest on its
funded debt and maintained its creciit.
It will be remembered
that the company executed two mortgages which are in part
unsatisfied. One was for $200,000, which has been reduced by
payments to $176,200 the other is for $600,000, but after
selling 127,500 only of the bonds secured thereby, it was deemed
best to sell no more. The balance, $572,500. is held by trustees, to be applied as far as may be required to the extinction
of the balance due on the $200,000 mortgage, and the bonds of
the City of Natchez, given in aid of the road by the City
of Natchez, amounting to $225,000. It was intended to use
the excess of these mortgage bonds, over what was required for the above-named purposes, in construction. Since
the last-mentioned mortgage was executed, it was discovered
that, by reason of rules recently adopted by the New York
Stock Exchange, and of the general usage which now obtains
in regard to railroad securities, it will be necessary to provide
new security and new bonds, in lieu of the old, as more in
accordance with the demands of capitalists. We have there-

$
404,524

356.277
431,250
400,000
283,614

—

:

Lialilities.

Real estate
. . .$5,000,000
Personal prop, at mines.
75,497
Personal prop, at New
York and Hoboken...
3,005
Barges
6.000
Cash on hand
18,848
Bills receivable
2,120
Coal on hand
46,630
.".

Accounts receivable

Capital stock
Bills pa.vable

Unsettled accounts
Dividends unpaid

Balance
profit

to

and

credit
loss

$5,000,000
25,000
53,335
1,100
of

266,221
$5,315,656

193,493
$5,345,636

GENERAL INVESTMENT NEWS.
Arkansas Kailroads.—A press dispatch from Little Rock,
March 18. says that "John McClure has filed a hill in the
United States Circuit Court for the Eastern District of Arkan-

—

March

18,

1892

THE CHKOMICLK

J

Agalnitt thr Little Rock A Fort Smith Railwar Comptny to
compel the payment by that corporation of all overdue coapona of the booda itutued by the State to aid in itx conatniction,
The comand known aH the 'Arkansas Itailroad Aid Bonds.'
plaint is tiled in the name of William H. Thomkins, of New
Ycrk, and asks for the app<iintraent of a receiver to take piwaemion of the road until payment is made. It also asks that a
decree be made compelling the company to return to the State
Treasury all the State aia bonds now Leid and owned by the
company, and whicli were puroh»sed for that purpose. This is
a test case, and if successful is to be followe<) by suits against
other road.-" to which Inrnds were issaed at the came time, viz.:
the Little Kock Pine HlulT & New Orleans, Mis-iissippi Ouachita
& Ked River, Arkansas CenfTnl, and Memphis & Little liack.
All of these roads, with the exception of the Central, are in
good condition and worth many times the amount of the bonds
isgned. The companies have bought up and hold a large por-

BM

tion of the bonos, with the view of returning them to the
Treasurer if held liable. The complaint asks that a decree^be
made compelling this to be done, and that the companies be
held liable for the remainder of the outstanding bonds. The
case will be heard before Judges McCrary and Caldwell at the
April terra of the United States Court."

Topcka & Santa Fe— Sonora.— The .Atchison
Topeka & Santa Fe Railroad Company has purchased the
Atrhliion

Sonora Railroad and secured an independent line to the Pacific.
The Tiaiuicript says: " The Sonora Company was organized
by Thomas Nickerson mere than three years ago to build a
line of road from Guaymas, on the Gulf of California, through
the Mexican State of "Sonora to the American border, there to
meet the Atchison system. The line bnally determined upon,
and now within a lew m''nths of Its completion, went almost
due north through Hermosilla, towards Tucson, and was to
meet the Atchison at Calabassas, 270 miles from Guayma.s.
The company has a government subsidy of $11,270 per mile, or
18.042,900 in Mexican silver— equal to '§2,608,200 in American
gold. 01 this subsidy $610,000 in Mexican money has been
paid to date. The road stands capitalized at $20,000 per mile
of seven per cent gold bonds, of which only $15,000 per mile
are issued or contracted for, and $20,000 per mile of stock
issued or to be is-sued, a total of $.5,400,000 in stock and
$4,050,000 in bonds. The contract of sale to the Atchison Company provides that the Atchison shall guarantee the interest
upon the first-mortgag^ seven per cent bonds and i-ssue one
share of Atchison stock for two shares of Sonora stock. This
gives the Atchison Road a valuable property for a guarantee
upon the bonds, provided the snbsiay is fully paid; for the
subsidy paid and to be paid amounts to $2'',608,200 in gold.
while the Atchison Road gives but $2,700,000 in stock at par for
the Sonora stock. This is one of the most important movements
ever made by the Atchison Company. It gives the system an
independent.Paciflc-coast outlet, and completes the longsst continuous line of railway in the world."
The Sonora Railway Company Lssaed the following circu-

—

815
Kxptiuti.

Jannsry, 1883
Junuiiry, 1881
Inoreaao

Chicago

•880,418
711,888

9300,880

•177,529

trustees, for

Ntt rm

-

Mn m.

SO«,OM

•17S35S
company has made
Joaiah A. Horsey and Klijab W. .M«d$",000,000, payable in forty years from

k Grand Tmnk.—This

a second mortgage to

daugh, as

il.6S8.8a3
I,a07,«47

railroad

thelBtday of January, 1882, with interest at 5 per cent p<>r
annum, payable semi-annually. The company gives as security
all of it« property and franchise of every deacnption.
Chicago Mllwankce & St. Paul.—The directors of the Chicago .Milwaukee & St. Paul Railroad Company have declared a
serai-annual dividend of 3>i per cent on both the common and
preferred stock, payable April 16. Transfer books will cIo8«
March 30 and re-open April 18. The statement of the operations of the road for the year ended Dec. 31, 1881, sabmitted
at the meeting was as follows:
Oross earnings, 1881
I>css operating expenses, including taxes

•17.026,461
10.317,031

Net earnings.

By
By

•6,707,530

Interest aiul other luconic profltt...
cash received for sales of land

•324,112

311,196—

Total............

Interest on bonds, Ibol

Amount

of 3 >« per cent on
paid October, 1881

;

common and

•3,213,449
preferred stock

992,41»
•2,223,033

Amount of capital stockPreferred

Common

•14.401,483
20.404,261

Total

•34,805,741

Tlirce

033.308

•7,342.888
4,127.389

and one-half per cent of that tunoont

1.21S.201

Balance

•1.004,832

—

The Sioui City Journal says the management have decided
to build a line of road from near Defiance, on the Council
Bluffs line, to Jamestown, on the Northern Paciric, a distance
roughly estimated at 450 miles. Work will begin all along the
mammoth line during the season. It is not expected to finish
it this year, but some time next season to have the entire distance trackeS and in operation.
Chicago St. Paul Minneapolis & Omaha.— The
at their meeting la'<t week declared the quarterly
of 1% per cent on the preferred stock, payable April
following shows the result of the operations of the
1881
Suri>lus income account Jan. 1, 1881
Gross receipts in 18«1

directors

dividend
20.

The

road for

:

Total

$400,650
4.326,100

•4,926,750

Operating expenses and taxes
Interest

Dividends of 7 per cent on preferred stock

•3,776,460
868,010
672,736

—1,317.206

lar:

Balance Dec. 31, 1881

Boston, March 10, 1882.
_ ,,
To Ihe Sloekholdtn and Subterihtri :
Gkxtlkmkn— TUe A. Top. A S. Fe RR. Co. offer* to imrcli.i*e tlic stock
ana Income bonds of tills compaiiy, and to kItc iu exchange thrr for
one dliare iif Atchison stock for two shares of Sonora stock, or $'.'00
(par) of income bonds; also to Kuarnutce the narment of interest upon
thl8<ompanj"8 flrstmortKagebonas. This offer is not binding, uniesM
acceixcd by representatives of a majority of the Sonora stock and
incomes (issued and to be issued) on or before March 22. lMK-2. If a
m^oril; is secured, the (tusrant^e will be execuned upon outstandinj.;
bonds, and the uxchunge made for outstanding siock and Incomes on
subscriptions 1 and 2, as (|uickly as practicable thereafter. The guaranrce will l)e executed upon the ImukIs and the exchange made for the
stock aud incomes under sulicriptions 3 and 4, as the same arc issued
upon full payment of the subsciiptions. Interest will be a<ljU8ted with
the subscribers to Nos. 3 and 4 blocks at live jier cent. The Sonora
Olrectors recommend you to a<-ccpt this offer. If you approve their
reoouiDiendatlOD, please Hll out and M^n the enclosed blank and return
tne same to this office. It must be rmived here on or before the Z2d
«>«•
Tiios. NicKERSos, President.

Cleveland Colnmbus Cincinnati & Indianapolis.—The Cincinnati Qazette says "that immediately after the question of
the legality of the Ohio Railway organization was referred to
the courts for adjudication, Mr. Jewett quietly set to work to
secure a majority of the voting power of the Cleveland Columbus Cincinnati & Indianapolis Railway Company with the view
of ousting the present management and putting in a board of

Boston A Lowell— Concord.— In consequence of the recent
New Hampshire Supreme Court, the directors of
the Boston & Lowell and the Concord companies have agreed
upon a new contract for the joint operation of their lines. This
decisiun of the

contract will be submitted to the Court for

its

approval.

Central of Georgia.— In regard to the issue of certificates
to represent the steamship interests, a subscriber of the
Chronicle writes as follows from Macon " Permit me to correct an error in your February edition of the Isvestohs' SuppleME.NT, under head of Georgia Railroad & Banking Company.
Certificates, 1882, $3,500,000, seven per cent;were never ifsued.
The Central Railroad of Georgia mot Georgia Railroad & Banking Company) proposed to issue these certificates, but the
directors were served with an injunction, and since, at a subsequent meeting of the board, it has been decided to abandon
:

the plan altogether for the present year."

Central of

New Jersey.— At

Trenton, March 13, the rule

to show cau.se why an injunction should not be issued in the
case of Edward C. Knight against the Central Railroad Company of New Jersey and others, restraining the company and
Us directors from issuing any additional stock by virtue of
Senate bill 111, was postpon-'d until March 28 by consent
of counsel.
Ex-Chancellor Williamson appeared for the

defendants. The temporary injunction granted on February
24 was continued.

Chicago Rnrllngton & (Jnlncy.— The following is a statement ot earnings for the month of January, 1882 and 1881,
compared with corresponding time last year:

•609,544

directors of the Erie's selection. It is believed that this control
has been secured, and at the next annual meeting of the C. C.
C. & I. Company, which will be held at an early date, the road
will be placed in the hands of- a management entirely friendly
to the Erie. The control of the C. C. C. & I. carries with it the
control of the Indianapolis & St. Louis Road and 9,100 shares of
the stock of the Cincinnati Hamilton & Dayton Company, which,
with the stock held by individuals friendly to Jewett, will give
him the C. H. & D., and leased lines also. Once in possession of
the C. C. C. & I., the C. H. & D. and the I. & St. Louis, Mr. Jewett
will bind them too tight to the Erie for Mr. Vanderbilt, )Ir.
McHenry, or anybody else, to steal them away."

—

Florida Central & Jacksonyille Fensacola & Mobile.
These roads having passrd under one management, the name
has been changed to the Florida Central & Western, with
principal oflice at Jacksonville. Fla. The capital stock is fixed
at $3,000,000. divided into 30.000 shares, of which Sir Edward
Reed took 10,000; Wayne MacVeagh, 1,000; Reed and MaeVeagh jointly, 11,000; Henry Amy. .S.OOO; W. T. Carter, 2,000;
Walter Hinchman, 1,500, and C. S. Hinchman, 1,500.

tialreston Harrisbnrg & San Antonio.—Track on the extension of this road is now laid to Eagle Pass Junction. 140
miles northwest from San Antonio, Texas.
Rails in lar^
auantities have recently arrived at Galveston for Ihe road. On
tne El Paso Division (built and operated by the Southern
Work
Pacific) track is laid 235 miles southeast from El Paso.
is progressing rapidly.

Grand Rapids &, Indiana.—The stockholders at their meeting on the 4th inst. voted to guarantee the $500,000 bonds for
the Mackinaw Extension.
Hannibal & St. Joseph Railroad.— A press disfNitch, dated
St. Loiis. March 17, says a pniposition was submitted to the
Funding Commissioners of the State by the trustees of the H.tnnibal & St. Joseph Railroad that if the State would pay back
the $3,000,000 paid into the State Treasury by the railrt^ad com-'
pany, the latter would pay $90,000 interest, due January 1,
1882. This proposition was declined. Governor Crittenden has
,

—

:

:

THE CHRONICLE.

316
.^„o,fia»,1 Hifi Bale of the

Hannibal

^sf^Zity

The

Tribune

the Court House door in

.sale

&
is

Joseph Road in the
set for October 4. at

St.

St. Louis.

in Missouri

were

[Vol.

filed

XXXIV.

with the Secretary of State of Nebraska
will be known as the Missouri
ratifled and approved by the

The consolidation
PaciBc Railroad Company. It is

on March

9.

shareholders of each company.
company's application
Honston East & West Texas.-This company is chartered
Ohio Central Railroad.—A Cleveland (O.) dispatch says
Shirk Exchange stated that the
" President Dan. P. Eels. Vice President Samuel Thomas and
11, 1875
March
approved
Te.as.
of
by act of tt Leglsfature and operate a narrow-gauge (three General Solicitor Calvin S. Brice, of the Ohio Central Railroad
a prominent member of the Seney Syndicate,
»Jd authoHzed to construct
route- vii!.: Western Division, Company, each
of which will bs
f«Pt, railway over the following
Chnsti held a conference here last week, the result
Corpus
and
to
Kiver
Grande
Eio
the management of the Ohio Central
from Houston to the
Division, to the amalgamation of
Eastern
commenced
yet
not
Ohio Central Coal Company. By
Ba^- construction
through Eastern Railroad Company and the
nnm^ence at the City of Houston, thence
upon the officers of the railroad company will
Polk. Tyler, Angelina and the plan agreed
Liberty.
o^f
counties
the
be placed in charge of the affairs of the coal company, Mr.
i^^;.„L, tn the Red River in Bowie County, with a branch
Eels consenting to act as president until his successor is
River
Sabine
Count? to the east bank of the
J^pe? County
rtTnfh Jasper
fhmneh
elected."
east
east
the
to
branch through Shelby County
«d with aZher
Logansport.
Ohio & Mississippi-—Receiver Douglas reports to the Court
at or near the town of Logansport.
River
Sabine
a
the
iiic
oi
of
hank
DanK
TTnnafnn to
miles,
tn Burke
Rnrke 10?
109 miles.
for February as follows:
Completed and in operation from Houston
1882.
1881.
where it is to be
Vnfl^^raded to Nacogdochez, 142 miles, from

^»C

K

Marshall, Texas, as first
to Shreveport. La., instead of
The issue of bonds is limited to $7,000 for each mi e
fntended
company hold a grant from the State
of compl^t«d road. The
acres, of land for each and every
of sixteen sections, or 10.240

nu8h?d

proceeds of land sales, as well
mile of road constructed. The
company, are used in the conaa the surplus earnings of the
struction of the road.
LIABILITIES.

.•.

1882. .
Notes and accounts to mature by July,
Amount due, payable Marcb 1, on account of 2,000 tons of
.

.

eteel rails.

issued 762 6£d-bearingb<mdso^^^^
'elercorpUs'';arabir8emi-l"nTuaTlfiS=N¥wYor£

The cpmp.any have

'.

.

49,772
3.821

$53,593

Applied to construction of road

^alauce March

The

$41,088
ib3,0iS

$511,278
491.938

$407,661
323,813

$19,280

1

receipts exceeded the disbursements

by

$83,848
$39,759 74 for

the month.

<»hlo Railway.—The recent decision of the Supreme Court of
Ohio, in the suit brought by the Attorney General against the
newly consolidated Ohio Railway Company, was based substantially on the following points of law:
J132,636
railroad only con1. Two railroad companies owning lines of
$762,000 nected by other railroads which such companies hold by lease
are not authorized to become consolidated into one corporation,

,

rrocoeds sales of 1 and

Total
Dl.Jm'kements;::::

13,063
f
498,213

$63,8*0

as
Supplemental statement of the'condition of the company
October 1, 1881
furnished tne State for the fiscal year ending
$10,000,000
,,
,„,.,,
„
" 1 noil nnn
Capitiil stock
Bubscnbed and fully paid m
a,;'^o?'X
*
Amount expended in construction
loo
$137,133
Gross earnings for the year ending October 1, 1881
Expenditures—
^""~
"'
repairs, &o
Transportation,
^qIa-a—
87,360
dO;Uou—
Interest on bonds

Net earnings

Gael, tolanco Feb. 1
Receipts from all sources.

under Revised Statutes, 3,379.
their general
2. The lines of two railroad companies, being, in
features, parallel and competing, cannot be connected for the
carriage of freight and passengers over both "continuously,"
within the meaning ef Revised Statutes, 3,379, and hence such
companies cannot become consolidated into one corporatioa,
under that section.

A

directors of consolidating railfails to
show any place of residence of the directors of the new company, is fatally defective.
3.

certificate

made by the

road companies, under Revised Statutes, 3,381, which

—

Oregon & California. A dividend has been declared on the
preferred stock of the Oregon & California Railway Company
for the year 1881 at the rate of 2 per cent, to be paid at the
Indianapolis that the completion of the eastern extension offices ef the London and t^an Francisco Bank, Old Broad Street,
length,
miles
in
140
London. The London and San Francisco Bank also give notice
of the Indiana Bloomington & Western road,
by May 1 is now assured. Eighty-three miles of iron are Cown that the scrip issued by the Reorganization Trustees of the
and twenty more are ready for the track.
Oregon & California Railway Company can be exchanged for
definitive share certificates on and after March 1.
Illinois.—
Eastern
Indianapolis & ETflnsville-Chicago &
Philadelpliia & Reading.— Mr. Gowen proposes to apply at
The decision of the United States Supreme Court in the Chicago
& Eastern Illinois case will interfere with the building of the the next session of the United States Circuit Court to have the
Indianapolis & Kvansville Straight-line. Mr. Joseph P. Collett, injunction against the issue of deferred income bonds removed.
latter
of Terre Haute, has been appointed receiver of the
The agreement beween the Philadelphia & Reading Railroad The first division of the road of fifty-five and one-half road Company, the New York Central & Hudson River, the
miles from Evansville tothe crossing of the Ohio & Mississippi Jersey Shore iHne Creek & Buffalo and the Fall Brook Coal ComRoad is nearly all graded and ready for the track. The bridge pany provides that the Pine Creek Road is to be built as soon
at White River and the bridging between that point and as possible, and the Reading is also to construct its branch
The line which will thus
Petersborough, four miles, have been completed. Sixty miles from Shamokin to Danville at once.
have been located on the second division, and preliminary sur- be completed between Philadelphia and Buffalo by the Reading,
veys have been made on the remainder of the 169 miles. In the Pine Creek Road, the Fall Brook Company's Road and the
the Evansville & Terre Haute yards at Evansville are 3,000 tons New York Central will be known as the New Line, and a certain
of steel rails for the Straight-line. The Chicago Evansville & amount of traffic will be guaranteed by the contracting compaNashville Railroad, formed by the Chicago & Eastern Illinois, nies. The Reading agrees to send by this line all its coal
the Evansville & Terre Haute and the Louisville & Nashville, business to Buffalo and points West, and to furnish all the coal
was to begin operations on the first of May. Exchange.
that may be required to meet the demands of the business,
ship westward more
Knox & Lincoln.—The Maine Central Company has made a provided that it shall not be required ofto its
mines in an/ one
proposition to buy this road, instead of leasing it. The price than one-third of the total output
offered is $1,200,000, payable in Maine Central 5 per cent bonds month.
secured by a first mortgage on the purchased road. This is
Railroad Income Bonds.—A subscriber writes: "Will you
about $24^000 per mile.
be good enough to state in your next issue of the Commbbciai.
definition of ' income
Lehigh & Wllkesbarre Coal Co.— Although it was announced AND Financial Chronicle, in fall, the
if they take precedence of
and
as
to
railroads,
bonds
applied
the
taken
out
of
be
Borne time since that this company would
as regards payment of interest
receivers' hands, the final order discharging them was not all stocks, preferred or common,
and all others, it is first
subscriber
this
them."
In
reply
to
on
March
6.
entered till
necessary to say that it is not the custom of the editors to
Minnesota.— A dispatch dated St. Paul, Minn., March 10, make answer to letters in the columns of the Chronicle, and all
stated that a complaint in the suit of D, A. Lecombe against letters of inquiry should give the name and address of the
Charles Kettleson, filed March 9, seta forth that on November writer. Whenever an answer is practicable, it will be made by16 a writ of injunction was issued in court against John S. letter in the usual course of business.
Pillsbury, Governor of Minnesota, in an action instituted by the
Income bonds are like any other obligation, and depend upon
plaintiff, by which the defendant was commanded to refrain
the terms of agreement under which they are issued. As »
from signing or delivering any new bond of said State, pur- rule, these bonds seem to be named on the lucus a non liicendo
suant of the provisions of the Legislature, &c., and said injunc- principle, because they get no income ; but when they do
tion is still in force and effect, having never been dissolved or receive income it is dependent upon the surplus earning.s of the
modified ; that said defendant, John S. Pillsbury, in violation company. Mr. Gowen proposes to issue for the Philadelphia «
of said injunction, did sign and cause to be signed by the Reading Company a new sort of income bond, which will not
Secretary of State, and countersigned by the Auditor of State, take any income until the stock shall have received 6 per cent
and delivered to divers and sundry persons under the great seal per annum. These will be a strange and original sort of ol)ligaof the State, new bonds of the State to the amount of about tions, and might well be classified on the Stock Exchange list as
" The most
OUeStlOn
$4,000,000. That said new bonds have been entered, therefore '• iiorm!ir.Virf>/iito
important tjuestic
inorvmo hr,nHs
mOSt iUiDOrtant
hermaphro"dite income
bonds."
point,
tlie plaintiff demands a judgment of the Supreme Court restrainin regard to income bonds is the determination of the
ing the defendant to this action, Charles Kettleson, State Treas- what is to be considered surplus income in any one year, and
urer, from paying any interest on any of said new bonds, or practically this has rested entirely with the directors to declare,
from paying any coupons attached thereto.
and they have usually treated income bonds as having no more
stock.
Hissonri Pacific. Articles of consolidation between the claim on surplus earnings than an ordinary preferred
to settle tne
Missouri Pacific in Nebraska
the Missouii Pacific Railroad There is a demand for legal decisions on this point
Average number of miles operated during the year, 72.
Indiana IJloomington & Western.— It is reported from

|

'

—

and

:

M^cn

18,

ISdS

THE CHRONKJLE.

J

317

The company's pamphlet report, issned last week, mak<« thn
whether a olt-ar fiarpluH income over and above operatmortgage intcrext, and every current liability, total earnings enly 24.2.')8,817,
our correspondent says. At
can be applied to permanei t improvementa on the properly the company's office in this city the explaiution Toacbsftfed la
It must be that this last aggregate does not inolade the earnings of the
rat hiT than lo paying intereet ou income bonds.
adinitlfd (IrKt that t^e property shall be fully Icept up to its whole system of Union Paoiflo lioM. The monthly flgures, it
etandnrd, but after thm is done, can the HurpluH mcome is stated, are approiimate, and are baa«d on a larger mileage;
the laying of new track, baying bat even they, it appears, do not embrace all lines op«ratad,
be applied to gnch tbin){M
new rolliiif^ stock, replacing iron raila with titeel, replacing thoagh just what roads are lacking we are not informed. It la
wooden bridges with iron, and to similar permanent iraprove- stated that on the entire system the eftrnings foot up more
mentM which go to the benefit of the Htockboldern, while the than 30 millions. The company will, the Olivers say, shortly
incoin-) bondholders for some years go without their interest ? issue a more extended report of the doings of its lines in whicn
Pertinent to this snbiect then, had tne income bondholders of this distinction will be made clear, and we defer until then
the New York Lake Krie & Western any claim for interest for further comment.
press dispatch from Denver says that the Denver &
the year ending Sept. 30, 1880 ? the Central Iowa income bondholders for the year ending Dec. 31, 1880? the St. Louis Iron Boulder Valley Railroad Company has entered snit against the
Mountain & Southern income (cumulative) bondholders for the Union Pacific Company to recover f 500,000 damages, claimed to
vears 1880 and IhSl ? and the holders of many other income be sustained by it through the non-payment of 1700,000 id
Donds for other periods ? There i« mach need for new light the mortgatre bonds of the Boulder Valley Road. In 1871 th*
on this subject, and income bondh. Iders ought to know whether Denver & Pacific bought the Boulder Valley Road, agreeing to
they have any legal right to surplus income when it can be pay these bonds and protect them out of the gross earnings of
the company. The mortgage remains anpaia, and for the laat
shown that it was fairly and unquestionably earned.
three years the coupons have not been paid. The Denver tt
St. Lonis Iron Moiintnin & Sonthern Railway.— The St.
Pacific has been consolidated with the Union Pacific, bnt it ia
Louis MUttuuri liepubliciin of JIarch 15th reports: "The stockoperated under the old charter. Hence the suit against the
holders of the Iron Mountain Koidmet yesterday and elected
Union Pacific Company.
the following directors K. S. Hayes, R. C. Kerens and R. J.
Lackland, St. Lonis ; F. L. Ames, Boston Henry Wheelen,
Wabnah St. Louis & Paclflc—Tl e stockholde'rs elected the
Philadelphia
T. T. Kckert, Jay Gould, J. T. Lowrv, H. G.
Harquand, Kussell Sage, b'amuel Shethar, Sidney Dillon and following five directors to servo for three years: Solon Humphreys, Charles Ridcely, George L. Dnnlap, James F. Joy and
John T. Terry, New York. Adjourned to meet April 4.
"It is rumored that JIatlhews & Whitaker, the bankers of Sidney Dillon. The other ten directors hold over.
—At Indianapolis, Ind., March 10, the ease of Benjamin P.
this city, called at the ofBce of the Iron Mountain, eipecting to
Ham and other holders of quipment bonds, against the
find Jav Gould attending the meeting, in order to see what
action ne proposed to take in regard to interest on the Iron Wabash St. Lonis & Pacific Railway Company, came up in the
Hoontain income bonds, as they are representing about $300,000 United States Circuit Court, before Jadt-e Gresham, on motion
worth of those bonds. They insist that interest on the bonds for a final decree. Charles W. Hassler of New Y'ork appeared
shall be paid before interest is paid on the present general con- for the bondholders, and made argument, and ex-Governor
solidated mortgage bonds of the Iron Mountain Head. Unless Hendricks replied fur the railway company.
—Regular trains began to run over the St. Louis Jerseyrille
some arrangement is made for the payment of interest on these
income bonds, it is proposed to commence proceedings, either & Springfield Branch on March 6. It is said the company will
by injunction against the payment of interest on the consoli- soon begin work on a branch into Atchison, Kan., which will
dated bonds, or they will ask for an accounting, in order to probably start from I'lattsburg, Mo., on the St. Joseph
asoertaiu what surplus, if any, has been earned by the road Branch.
that might be made applicable to the payment of interest on
Western & Atlintic (Oa.)—Pursuant to a resolution of the
these income bonds."
Legislature of Georgia, Attorney-General Anderson has been
Toledo Delphos & Bnrlington—Toledo Cincinnati & St. investigating the validity of the bond for $8,000,000 given by
Louis. The Boston Transcript recently said " The Toledo this company as security for its faithful performanc-' of the
Delphos & Burlington is now consolidated with the Toledo conditions of the lea.se of the road from the State of Georgia.
Cincinnati & St.
Louis Railroad Company, under the He holds that the bond given by the company is not valid, for
11.- r I1-.
name of the latter, and upon Tuesday next the
the rea.son that the railroad companies, which are sureties on
follow
ing-named board of directors will be elected to manage the bond, became so without approval of their stockholders.
the affairs of the consolidated company
John M. Corse, The Governor has served notice on the lessees requiring them
R. M. Pomeroy, Oliver Ames, Charles W. Pierce, George to file a new bond within 60 days. It is supposed they will conRipley, W. D. Hubbs, W. D. Forbes, E. B. Phillips, Henry D. test the matter in the courts. Should a new bond not be filed
Hyde, S. C. Blamhard, Pliny Nickerson, G. \V. Kneisly and the Governor will make a formal demand for the surrender of
John McNabb. All the above-named, eicept the three VVest- the road and the matter can be taken into court at once.
em directors, are well-known Boston ffentiemen, and it is needless to say that their names will command the confidence of the
West Jersey. The stockholders of the West Jersey Railinvesting public. Supporting the new direction a syndicate of road Company held their annual meeting in Camden la.st week.
capitalists has been formed, who take the assets of the con- The annual report showed that the earnings from ttie West
struction company— mostly junior securities of the road— and Jersey, Swedesboro, Salem and Atlantic roids ware $988,535;
pay the railroad company *l,f)00,000 therefor. This million expen.se3, $560,953; net earnings from operating, $427,573.
and a half of dollars is amply sufficient to complete and equip •'^f'*'" P^^ymg for all fixed charges and for various improvej:-:j -j ... ^
-' a
- 4 per cent
' dividend,"
Uie Toledo Delphos & Burlington system with terminals at """*°
ments, —'•--'=
including **the payment of
there
Toledo, Ironton, Cincinnati & St. Louis. The securities taken remains a balance to the credit of the surplus earnings of
by the syndicate will be placed with the American Loan & the company of $145,582.
There has been an increase
Trust Company, with Oliver Ames, R. M. Pomeroy and Henry in
the
number of
passengers
carried
of
27J,531,
increase in the amount
p. Hyde as trustees for the subscribers, and negotiable cert- or 26 2-10 per cent, and an
ificates of ownership issued therefor."
of freight transported of 104,459 tons, or 60 8-10 per
The Stockton Hotel shows a decrease in gross
Union Paclflc. In reference to this company's statements cent.
earnings of $10,765, and a deficiency in net earnings of $5,540.
of earnings we have received the following communication
The
work
of constructing double tracks has been completed as
from one of our subscribers
far as Wenonah, at a cost of $143,965, and contracts have been
March 15, 1882.
ibo.. v~
•>
n.
^
^
Mettn.
given
out
for
the extension of the track to Glassboro, a distance
Wm. B. Dana <* Co.:
y*"" •*"« 0' Janaarx 14, 1882, under the hea<l of of seven miles, at a cost of about $93,000: The work will be
.. » '^VS' —J"
I!;-°f5',\i'^';"Kivo the total caruliiKg of the Uuloi. Paiiflc
completed in time for summer travel. The damages caused by
f,.r 1
ia??
„
for
SSI m
$2/,ljl,g31.
lu the immial report of this coinoiiiiy.
'•sue of March 11. the jrro8seaiiiiiiK« are the accident at May's Landing in 18S0 have been fully settleo,
^°*,'!"
SSi^J UH $24,208.81/,
''u'i,'-"^ ^"'^r
Klven
a .ItaoreiiaiKy of about $3,200,000, of which and the proportion assumed by this company was $41,974. The
Olsorepancy we have s. en no explanation either lu your culumus or In report
was ordered to be referred to the incoming Iw^rd of
toe report of tlie company.
•
»
directors. The following board of directors was elected withThe
total
of
to
$27,451,831,
which our correspondent refers, out opposition George B. Roberts, Thomas Jones Yorke, Lewis
_
w a correct aggregate of the figures furnished to us monthly
Mulford, Coleman F. Learning, Charles E. Elmer, John M.
from official sources. These monthly figures were as follows Moore, Strickland Kneass, Thomas H. Dudley, George
Wood, J.
It should be said that with the S,-ptember earnings
there was N. Dubarry, N. Parker Shortridge, Thomas H. Whitney and
given out a total of the earnings for the nine months
This Edmund Smith.
total diflfered slightly from our running total (due
presumably
to corrections in the monthly flgures) and was
substituted for
Wisconsin Central.— The Wisconsin Central Itailway ComIt. as the table will show.
pany has issued a circular to its stockhold'*n<, inviting a snl^
fineation

ng

M

eipt-nHi'i),

U

—A

:

;

;

'

>

—

:

:

—

!

—

—

.

:

,
January
February

••rSh

.„- .,

2,844,357

months

Corrected Ugure* for nine months
S<""''«r

lfov6inl>er.....,.,...,,,.,,,,.,

I>»oeinber

1880.
$l,4:i3,(;26

2,ti38.«59

£"SV"i-Beptouitier.
Total for nine

1881.

tl.41«,340
1,403.240
1,687,420
2,032,146
2,308,467
2,5go,b6»
2,528,82«

.

,

919,540,424
$19,121 689
3.289,530
''773 608
2i2«7ioo«
$27,451,831

i:.i'.r.tM'j2

1.730,.'; 09

1

937,220

2,027,269

scription of $1,400,000 to build a 65-mile extension of its road.
nnder the name of the Milwaukee & Lake Winnebago liaiiroaa
Company, from Neenah southward along the shore of Lftke
Winnebago, through Oshkosh and Fond du Lac to Schleisin-

on the Chicago Milwaukee & St. Paul Road
abont thirty miles from Milwaukee. The object is to get a
paying independent line to Milwaukee and toward Chicag''. For
2,270,179 *il0,000, subscribtrsare offered $10,000 first mortgage 6 per cent
$16,568,373 bonds, $2,000 5 percent (cnmnlative interest) income bonds,
$16,619,702 $1,000 6 per cent (cumulative dividends) preferred stock, and
l,9l'8,''28

geiTille, a point

1.034 .21.'5
1.913.03,-)

2,707.800
2,251,148
1,869,835

$23,448,549

common stock, in all $15,000, at i>nr, of securities, stockholders have the right to subscribe in the proportion of 1 for $
of tteir holdings of Wisconsin Central stock. The Wiiooa-iB
Central will lease the new road for ninety-nine year*.
$2,00<)

THE

318

(.'HRONIOLE.

[Vol.

t==
I^Ixe

XXXIV.

COTTON,

^ammtxcml ^imes.

Friday. P. M., March 17, 1882.
MoTBUffirr of the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (March 17), the total receipts have reached 57,454
bales, against 58,747 bales laat week, 51,980 bales the previous
week and 60,168 bales three weeks since; making the total
receipts since the 1st of September, 1881, 4,174,689 bales, against
4 918,422 bales for the same period of 1880-81, showing a decrease
since September 1, 1881, of 743,733 bales.

The

COMMERCIAL EPITOME.
Feidat Nioht. March

17, 1882.

There have been snow-storms over a considerable portion of
Ihe North and West during the past week; the floods in the
receding slowly
Mississippi Kiver and its tributaries, while
transnorthof Vicksburg, hare increased further south, and
to
obstacles
These
interrupted.
less
or
more
still
portation is
but the return
the progress of spring business have been felt;
removal. In other reof good weather promises their early
spects the conditions are favorable to a large trade. Speculaall
tion has been active in staples of agriealture, and they are
The feeling in
dearer, checking exports to some extent.
monetary circles has much improved.

The provision market has shown a firmer state of

affairs

and

in lard a brisk speculation ha.i taken place. The impetus has
been derived from Chicago, where the packers have withdrawn
large lines from the market. Pork here was higher at $16 75@
17 00 for old and $17 75@18 25 for new; April contracts quoted

f 17 50®17

60;

May, |17 70@17

Bacon is quoted at d'%c.
Lard continued to advance

80.

for

301

Galveston
Indianola, &c
New Orleans...

Mobile
Florida

Hon.

Sat.

Receipts at-

Tues.

Wed.

285

1,302

FH.

Thurs.

931

782

4,392
9,063
4,073

,

Brunsw'lc, &c
Charleston
Pt. Koyal, &c

1,9S7

1.691

1.964

421

P81

536

502

424

760

1,871

2,309

1.496

1,929

1,530

45
9.S95

1,277

783

645

646

1,559

6,021

45

1,11

145

220

304

303

Norfolk
CityPoint,&c.

1,819

2,106

2,013

1,634

1,325

175
585

170
403

261
1,074

80

1

1,070

1,066

Boston
Baltimore

420
1,034

218

218
417
74

Wilmington ...
Moreh'd C.,&c

New York

84

300
493

64
2,700
l,I3i

,

Savannah

Total.

791

17

1,566
74
10,631
1,477
1,107
5,282

1.504
1,477

tolong and 9%c. for short clear.
11
481
331 1,«13 1,013
3,526
24
Phlladelp'a, &c
day and prime Western was sold on the spot at 10-92>6@llc.;
April options realized 10-92?^@10-95c.; May, 10-97?6@1105c.; Totals this week 5,909 10.201 10,900 10,239 7,077 13,072 57.4.54
June, ll-05@ll-12^o.; July, ll-12^@ll-17?6c.; August, 11-17^
For comparison, we give the following table showing the week's
@ll-22j^c.; September, ll-25@llS0c.; seller year, 1072^® total receipts, the total since Sept. 1, 1881, and the stocks to-night
and the same items for the corresponding periods of last year.
10-75C. Refined to the Continent, 1115c. Beef is quiet at
1380-81.
Stock.
1881-82.
f 26 50@27 50 for East India mess. Beef hams, f21{a21 50.
Receipts to
This
Since Sep.
Siiice Sep.
Butter is now very firm, particularly for fine lots. Cheese is
This
Uarch 17.
1882.
1881.
Week.
Week.
1, 1881.
1, 1380.
steady at 9@12Mc. for State factory. Tallow sells fairly at
7^@7%c. Stearine is quoted at lie.
Galveston
48,887 97,029
4,392 332,812 12,445 575,396
Indlanola,&c.
166
84
13,278
14,379
Kio coffee has been quiet but steadier of late, at 10c. for fair
New Orleans... 9,063 1,095,489 42,447 ,303,226 291.222 310,986
cargoes, closing more active ; mild grades have met with a
Mobile
4,073
238,861
5,362 349,268
26,959 46,518
fair demand at firm, and, generally, unchanged prices. Rice
Florida
26,712
69
5,086
45
19,912
has been rather scarce, both here and at the South, <ind has Savannah
9,895 679,367 10,186 789,869
61,939 68,713
Brunsw'k, Ac
9
6,964
therefore ruled quite firm; but the sales have been rather
4,830
6,021
460,560
8,534 563,718
41,292 52,123
small ; the receipts at the close are larger. Tea has sold at Charleston
Pt. Koyal, 4c
411
218
22,472
850
48,226
about steady prices at the auction sales this week. Spices
Wilmington....
129,170
836 111,540
4,613
5,041
1,566
have been very quiet, but pepper has nevertheless advanced
M'headC.iJcc
74
25,498
86
26,606
to 15J6c. for Singapore. Foreign dried fruits have been quiet opTolk
10,631
541,954 11,496 618,592
46,688 21,004
City Point, &c
2,198
173,486
191,238
1,477
and without material change. Molasses has been quiet but
6,303
111,595 334,443 214,034
1,107
138,016
generally steady ; Cnba, 50-degree test, has latterly been New York
Boston
5,282
170,303
4,296 123,763
11,245
9,560
quoted, however, at 36@37(r. Raw sugar has been quiet and Baltimore
935
22,733
9,753
14,077
35,437
lower at 7}^@7 5-16c. for fair to good refining.
Phlladelp'a.&o.
3,526
2,221
38,521
17,729 15,781
55,470

Keoeipts since Maroli 1

March 1
Btock March 15, 1882
Btock March 16, 1881
Sales since

Hhds.
31,497
28,186
11,613
26,995

Boxes.

1,383
5,132
6.997

Bags.
Melado.
37,571
113
92.204
315,141
137
805,772
294

Refined sugar has been in the main firm of late, with a pretty
business; the closing quotations are 9%o. for orushed,
a?4c. for powdered, 9Mc. for granulated, and 8%c. for standard
soft white "A."

good

Total

920.484 856.480

57.454 4.174.689 108.200 4,918.422

In order that comparison may be made with other years, we
give below the totals at leading ports tor six seasons.
Receipts

at—

Galvesi'n.&c.
New Orleans.

1882.

1881.

4,476
9,063
4,073
9,895
6,239
1,610
12,108
9,960

12,611
42,447
5,562
10,186
8,945

1379.

1880.

4,396
17,837
3,337
5,368
2,589

1878.

4,237
19,521
4,682
4,436
3,668
1,114
7,618
11,316

1877.

6,092
25,336
8,063
9,251
5,430
3,166
7,520
10,365

3,476
10,720
3,173
3,211
2,032

MobUe
Kentucky tobacco has been much more active, and sales for Savannah
the week reach the comparatively large aggregate of 1,000 Charl'st'n.&c
Wllm'gt'n, &c
932
922
563
hhds., of which 850 for export, and 150 for home consumption.
Norfolk, Ac.
13,694
5,123
9,581
Prices have ruled firm, and the business done was at 6^@8c. All others....
3.397
13,833
5,940
for lu^s, and 8^@10^c. for common and medium leaf; prime
Tot. this w'k
57,454 108,200
32,366
49,611
60,202
75,723
to choice queted 12@15c. Seed leaf has also been more active,
and sales for the week are 1,519 cases, including 200 cases ainee Sept. 1. 4174.689 4913.422 4394.250
4058,522 3827,933 3700,652
Pennsylvania fillers 6@6^c., as-sorted 10@16c., and wrappers
Oalveetan includes Indianola; Charleston includes Port Royal, &c..
18@40c.; 150 cases New England wrappers 14@35c.; 225 'cases Wllmligtan Includes Morehead City. &e.; Norfolk includes City Point. &e\
State 4^@l2c.; 600 cases Ohio fillers 4@4}6c., assorted 6(i7c.,
The exports
the week ending this evenins: reach a total
and wrappers 10@13^c.; and 300 cases Wisconsin fillers 3^@ of 80,796 bales, for
of which 55,147 were to Great Britain, 839 to
4c., wrappers 9@12>6c., all from the crop of 1880; also 44 cases
France and 24,810 to rest of the Continent, while the stocks as
Pennsylvania, crop of 1881, on private terms, and 900 bales
made up this evening are now 920,484 bales. Below are the
Havana 88e.@$l 20.
exports for the week and since September 1. 1881.
Rosins have been firm, and a fair trade is reported at $2 37^
for good strained. Spirits turpentine has been sharply advanced
Week EnAimi Mch. 17.
From Sept. 1. 1881, to Mch. 17, 1882.
Exported to—
Exportetl to—
by small offerings and higher London advices to-day fair
Export*
;

sales were

made at 53;^@54c. for Southerns. Refined petroleum,

under a continued

dullness, has declined to 1%a. ; and resales of
March are offered at 7c. Crude certificates closed lower at 80>i
@80^c. April options 8l%c.; May 83>^c.; June 8.5>^c.; July
87J^c. Ingot copper, though quiet, is steady at 19@19Mc for
Lake. Pig iron and steel rails are dull at the moment. Hops
receiye fair attention from brewers, and in the interior exporters
have taken a few lots at 20@22c. for crop of 1881. Wool at the
close is more active, and holders manifest more confidence.
Ocean freight room has continued to be sparingly taken and
rates lack support and regularity. To-day graia to Liverpool,
by steam, was taken at 2%d.; bacon, 12s. 6d.; cheese, 17s. 6d.®
20s.; flour, lOs.; cotton, ll-64@i4d.; grain to Avon-mouth,
by
steam, 3^d.; do. to London, by steam, quoted 3@3^d.;
do. to
Cork for orders, by sail, quoted 4s. 4^d. per qr. ; refined
petroleum was taken to Bristol Channel. 38. 3d. ; do. to Hamburg,
88- 4>2d.; do. to Amsterdam. 33. 5l4d ; if Rotterdam,
3s. 6d.

from—
Oalveston

New

Orleans..

Mobile

Oreat
BrU'n. *Vo»K«
r,750
21,109
3,512

ContI-

Total

^„t_

Week.
1,750

S.551

32,663
8,6;2

Florida

Savannah
CharlestoD*...

e,llB

Wilmington...
Norfolk

«.572

New York

8.3M

BOBtOD
Baltimore
Phlladelp'a,&c

Total

TjUl

1880-81

7,201

7,201

6,594

14,713

600

6,572
10.206
4,1'U
1,397
600

55,117

839 24.S10 80,796

1,001

4.1T9
1,387

69.371

11,900

Contt'

Oreat
Britain. France

Total.

„^^.

13,7T;

55,400

169.111 177,111
23.507
6,313
3,900
121,589 15.4311
110,973 19." 23
53,581
1,130
2,5b0
252,117
255.8 72 19,380
99.655
60,081
10.279

183,418

112,526

3,231

160,197
118,994

8,819
15,810

211,703
830,300
33,031
3,900
297.196
279.190
63.333

1

270,837
320,029
99,656

29.667

79.751

200

40.479

19,777

255,871

625.871 2,0.35,523

50,035 13l.2T8r2.041,97; 113,130

769,695 3.221,802

•IBdndea exports from Port Roral, Ac

1.053,

.

.

'

MARcn

8

.

«o

;

II

Oreat

France.

Srilain.

ew Orleuu.
Cnwleston
BaTiuiDiib

Salveoton
Norfolk

lO.a.'iS

10.485
4.300

Kxw York
OtburporU

•l.OOO

Total ...^.

.

The market

Olhtr

Ooatl-

Fareigtt

Witt.

14.G18
None.
1,020
None.
None.
None.
Nono.
None.

19,388
7.050
3.810
3.000

.

Miiblle

Total 1861
Total 1880

Shipboard, nol eleareit—for

Leaving

AT—

23,280
None.
1,900
3,300
2.992
None.
1,050
None.

140

a:

:

26
None.
Nono.
None.

73,0S1

13,683

32.331

6.125

127,415

90,078
82.677

29,203
19.102

01,311
37.504

6.322
0.822

191,914
149.105

5

I

I

:

UPLANDS.
Sat. nou Toes

up

total sales foot

NEW OKLEAN8.
Sat. non Tnea

939
9'»ie

938

938
9=8
91»16 103,8
10% 10% 11
ll'ia 113,8 11;,
11^ liss 11^9
11 'a
Ifs l2ie
121,8 121,8 125,8
127,8 127,8 12lll(
1211,8 1211,8 12li,9
133,« 137,8
131*1, 13li,« 14---,8

aWctOrd..

915l6
«Joo<l Ord.. 10!^

G'd Ord
Ix)w Midd'g

11»I<1

B*r.I.-wJIld llTg
Iflddline... 121,8
.M7d..ll27,e

good

0lr.U'dMid|12il|g
Mldd-(? Fair 133,8
Fair.

Wed

I

Tk. Fn.

I

im

.Midd'K 1111,8

11%

Btr.L-wMidilli6,8l2

12%
12%
12%
13%

lUddllDK.

14

11%

1115,,

12
123,8
123,8 123,8 1239
120,8 12%
12liJ, 121V13
13»,8
13%
ll'iB 14?""
14'ig 14%

STAINED.
Oeed Ordinary

Sat.

y

k.

Strtei (?ood

Low

Ordloarr
Middling

8'5,8
915,8

1059
1159

MldiUlnic

939
939
X03.. 103,8

POT MARKKT
CLOSED.
.

.

Firm at

% adv.

.'Finn

Tue«. Steady
Wert .'Firm at 1,8 adv.

Thurs Firm at iicadv.
Frl. .iSteady
Total

•

3: ^

:

St^
a:

•-

M
It>

Oi

to
H-

M M

o
o o
o o
on

tSIO

M
a 00
09
o
O
o 2

00 00

o\

I

dbcoo

^03

300,
646!

100
1,42.5

367,

5.000

2«2l
7721
."565

403
5«2l

to 10

•3ob

to to—
I

iSS

tocoo

0000

wto

to to

to to

00b

oboi

,

"?»

I

S.'i

to —

»?>

I

l»3>

liS
o
XQD

Tae*

to to

to

bb«0

eo©
00 fO

I

tOUo

aico

00

959
103,8

9»9
103,8

©toO

12%

OOM

I

— e."
— 00

I

to to

ODC^I

— — o>
——o

w*.
too
— m?>
—
to too

«>o

I

«»

— — -1

totoS

to to

»*•

•job

— — aa
I

to too

tsto

««

ooobo

KtO
00b

*<>'—

WCB
to to

I

to to

u

CO 00

wo —
I

»r>

to too

I

too

Too

oto—

to too

—
— OS
to top

li-J-O

cj,d,0

I

«»

obobo

WOP

ffiO

I

to to

Tot

00

—-to
*w
——a)
lOUp
too*

to to

0000

—

«M

to to
to 00

I

Sto

f'ob
yt

»««o
— — 0)

52

12%

12%

12%

12lt,6
12lR,e
137,8
14»18

12lt,8
1215,8
137,8
143,8

125,8
12lti6
1215,6
137,8
143,8

125,8 125,8
12lt,8'l2lti8

--OI

——to

— Sr"
—

——

*fc

•-•-00

——

1215i8l2l5„

<,<lO

»)-lO

-10*

ob^o

.j-jo

-j-j2

toco

tOCJt

9%

Tb.

FrI.

9%

9%

Sw

to to
I

I

.(k

o»

*.*-'

WOO

-J -J

coe
I

coo

«

I

•)

10«,8

1115,6
12% 12% 123,8 12%
1238
127,8
ill.
12'3,8,1213,»
12% 121*18
131,8 131,6 13
131,6
13»,8 13»,6 13%
139,8
145,8 Il46
145,8
"IB 14%

—O
12%

815,6 9
91,9
916,6 10
101,8
10»8
1011,8 10%
1111,. 11%

i

rjis

Frl.

10%
11%

I

1

I

I

U5,8

91,8
101,8

»o
— — .]
——
-i-jo

I

127,8
1213,8
131,8
13»,6

non Toes Wed Th.
11%

I

I

11%

10»g

01 to

?to

lUie 11%

815,8
9'5,8

6

il

9%

911,8

I

137,8 ;137i8
143
1143 IS

FrI. W^ed

10%

CItOl

0)

«

l«

I

18

:^is

«:

I

I

«:
I:

'Includes sales in September. 1881. for September, 314.000
September-October for October. 416.400; September-November for November,
511.200; September December for December. 1.479.100; SeptemberJanuary for January, 4,252,500 September- Februai? (or Febnarr.
:

;

2,230.100.
Transferable Orders—Saturday. 12-10o.

Monday. 12- 15c. Tuesdaj,
Wednesday, 12' 15c.; Tborsday, 12'25o.: Friday. 12'20a.
March— Monday, 12-07! Tuesday. 12-05; Friday,
1215312-19.
A Includes for February, 1882, 890 at 11-83311-96.
;

;

12'05c.;

Short Notices tor

DelivSales.

cries.

36
100
100
33

3,041 164.200
1,108 190.000
1,311 119,600
663 123,000
2.022 187.700
873 160,900

300
500
400
200
200
400

271

9,0211945.400

2.000

506
3.1.10'

to to

ob-j

«tc

lis

9»8
103,8

8AL«a OF SPOT AiTO TRASgrr.
Oon- Spee- IVonpoH. ntmp. uem til. Total.
2.762

to to

«r-

TEXAS.
Sat. itton

to to

CD CD
ICll'CO

week

this

MABKBT AND BALBS

S*on

Igx
B,t|

i2ie

Wed Th.

Ordln'v.^lb 97,8
9% 9% 911,,
Strict Ord.. 10
101,8 101,6 10%
Good Ord.. lOlSijIlO'g lO'g lUls
Btr. G'd Ord
1116,8 115,8 11%

Low

•

g
CO
M o
i 5

I

8*-.

•

a

3;

•

to

—

Qrdln'y.yli

St-

I

f

to

t,021 bales, including 5,600 for export, 3,150 for consumption,
271 for speculation and
in transit. Of the above,
bales
«»re to amve. The following are the official quotations and
sales for ?ach day of the past week.
to

3:

for cotton,

For immediate delivery the

Uarch 17

e.£.«

:

57.474
9.350
7.780
10.700
13.278
19.485
5.350
4,000

1.400
1,050
3,500

South, the falling of the rivers in middle latitudes, and sales to
realize profits, caused a considerable decline, which was followed by a weak opening on Wednesday. But later in the day
tsjpecnlation was reneweaon the general position of supply and
demand, and especially the delay in carrying out the stop or
short-time projects in Lancashire, and prices continued to
advance down to near the close of Thursaay's business. The
highest prices for this crop, on Thursday, were 25@28 points
above the lowest figures of Wednesday. To-day, the opening
was at a smart decline, under a freer movement of the crop,
including overland shipments, better weather generally, and the
continued fall of the Missis.sippi River, north of Vicksburg
and although the market \va.s subsequently steadier, the close
was 6 points below Thursday, Cotton on the spot was less
active for export early in the week, but showed some improvement on Thursday. For home consumption there has been a
fair business in progress. Quotations were advanced J^c. on
Saturday, l-16c. on Wednesday and l-16c. on Thursday. Today the market was unchanged, middling uplands closinsr at
12 3-16C.
The total sales for forward delivery for the week are 945,400

Meh. 11

1|:-

:

Slock.

Total.

though fluctuating somewhat, has
been generally stronger, and prices show a material advance
during the week. The specalation in futures has been at times
quite active, and a full aggregate btisiness has been done.
The
advance on Saturday was based on the overflow of the Mississippi River, the reduced visible supply, and the continued
small movement of the crop. Tuesday, better weather at the

bales.

Rffa
o.p?

:
:

On

bl9

Pl PI PI
pip.
IgK
IK

LamDert'. 60 Beaver Street.

17,

1

TMK CHRONICLE.

18. 18f«.J

In addition to abore exports, nor teWraras to-ni^ht alxo sriTe
iM thH followin^r amoantd of ootton on 8nipbi>ard. nut cleared, at
the pi>rt4 named. We add similar flKorea for New York, which
are prepared for oar special one by Messrs. Carey, Tale &

Heu.

»o
^

Th* dully drtllverle^ Kiven above are soca.tUy delivered
TWOS to that on wliloti tUey are reported.

tlie

day

The

following exchanges have been

-19 pd.toexoh. 1.700 May for June,
-39 pd. to oxoh. 100 April for June.

I

made during

-39 pd. to szeh.
-20 pd. to excb.

the week:
100 Apr. for June.
200 Apr. for May.

Tbk

Visiblb Supplt op Cotton, as made op by cable and
telegraph, is as follows. The Continental stocks are the flgnrea
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; h^nee. to make the totals tie
complete figures (or to-night Mch. 17), we add the item of exports
from the United States, including in it the exports of Fridar only:
i

prt

-

Thb Sales a»d Pricks o» Futorm are shown by the follow
In^ ccmprehensive table. In this statement will be found the
daily market, the prices of sales for >>ach month each day, anil
the dosing bids, in addition to the daily and total sales.

Stookat Liverpool
Stjok at London

bales.

„

Total Qreat Britain ttook

.

IH82.

1381.

1880.

1879.

757.000
57.000

786.000
51.200

578.000
29.904

567,0M

814.090

837,200

e«7,9ai

629.00a

62.00O

.

:
.

THE CflROJSlGLK

320

1880.
52,700
2,130
27,128
3,000
16,620
28,600
2,520

1879.

312

1881.
131,000
5,000
25,100
5,300
29,400
36,900
1,060

1,400
10,733

884

420

6,700

3,541

6.000

270,125

241,364

136,659

307,000

Total European stocks.. ..1,084,125 1,078.564
tama cotton afloat for Europe. 303,000 177.000
Amer'n octtoa alloat for Eur'pe 366,000 650,000
21,000
46,000
Bgypt,BrazU,&o.,aflt for EVpe
856.480
Btook In United States ports .. 920,484

744,563
168.946
538,110
22,862
817,266
281,047
11,000

936,000
124,000
692,000

1882.
150,000
8.080
43,500
2,200
88,900
20.000

bales.

BtookatHaTre

Btook at MarseUlua
Btook at Baroelooa
Btoek at HamDOTK
Bcook at Bremen
Btook at Amaterdam
Btook at Rotterdam
Btook at Antwerp
Btook at other oontl'ntal ports.
Tatal continental ports.

287,314
10,500

252,673
16,500

Btook In V. S. Interior ports..
United Btites exports to-day.

I

170,000
2,000
42,750
4,500
25,500
43,750
8,750
3,750

16,000
679,222
141,612
7,000

2,988,782 3,080.858 2.583,794 2. 195,834
Total risible supply
Of the above, tbe totals of American and other descriptions are as follows:

American—
Continental stocks

American afloat for Europe....
United States stock
United States Interior stocks..
United States exports to-day..

432,000
264.000
692,000
579,222
141,612
7,000

2,263,657 2,591,294 2,180,423 2,115,834

Total American
Xa»l Indian,BrasU, de.—

Bgypt.BrazU, Ac, afloat

157,000
29,904
18,659
168,946
22,862

187,000
51,200
53,364
177,000
21,000

215,000
57,000
104,125
303,000
46,000

IdTorpool stock
london stock
Continental stocks
India afloat for Europe

Total East India,
lotal American

421,000
118,000
538,110
817,266
281,017
11,000

599,000
188,000
650,000
856,480
287,314
10,500

542,000
166,000
366,000
920,484
252,673
16,500

Uverpool stock

135,000
62.000
43.000
124.000
16.000

725,125
439,564 397,371
380,000
2.263,657 2,591,294 2,186,423 2,115,854

Ao

I

70L.

XiXlV

—

Becbiptb fbom thb Plahtations. The following table !»
prepared for the purpose of indicating the actual movement each
week from the plantation?. Receipts at the outports are sometimes misleading, as they are made up more largely one year
than another, at the expense of the interior stocks. "We reach,
therefore, a safer conclusion through a comj)arative statement
In reply to frequent inquiries we will add
like the following.
'.hat these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the out-ports.
KECEIPT8 FROM PLANTATIONS.
TFm*
•ndiKfl—

Deo. 30
Jan. e
"
13
"

"

....

20
87

Feb. 8
"
10

BtceifU at

Vhe Porta.

SVk

atlnterior Towns. Kec'pttfram PIoiU'm.

'79-'80. '80-'81. '81-'S2. •79-'80. •80-'81. '81.'82

'7t<-'S0. '80-'81. '31-'9a.

154.306 196,4.35 195.808 381,163 363,025 466,586 144,984 206,973 205,370
:'«.48U 110.735 152,429 375,086 337,834 453,85U 1-13.422 85,374 139,50s
129.489 129.601 114,868 376.412 309.550 435,050 130.812 101,490 96,2S»
168.280 138.879 99,990 383.923 309,262 419.043 175,791 138.51)1 83,986
112,383 147.129

92,081 3S6.701 306.321 400,986 13»,969 122,129
95,057 882.531 317,866 390,019 108.196 158,674

74,0*4
84,080
77,288

63,sn

137.191 125,070
119,851 133,723

86,779 371,88-) 313,837 380.528 108,985 129,694

"

115.3U7 14^,639

72,031 351,707 312.65a 372,454

••

102.895 13^,359
78,151 133.931
64.368 143,126

60.160 341.028 317,588 382.430
61,980 325.216 3a2.458 343,072
58.747 S11.087!S19 8)2 315.973
57,4'4'300.793l820,500!2?4.3t'3l

17
24
Meh. 3
" 10
"
17

49,611 103,200

—

The above statement shows

1.

That the

95.349 145,232
92.310 1-! 3,397
62,645 133,801
S0,23S 136,900

39 317 109.468

total receipts

60,138

S2,«»
81,648
25,87*

from the

plantations since Sept. 1, 1881-82 were 4,413,657 bales; in
1880-81 were 5,200,084 bales; in 1879-80 were 4,680,045 bales.
2. That, although the receipts at the out-ports the past week
were 57,454 bales, the actual movement from plantations was
only 25,874 bales, the balance being taken from the stocks at
Last year the receipts from the plantathe interior towns.
tions for the same week were 109,468 bales and for 1880 they
were 39,317 bales.

Amoitot op Cotton in sioht SIakch

17— In

the table below

we give the receipts from plantations in another form, and
add to them the net overland movement to March 1, and
2,583,794
2,495,834
2,988,782
3,080,858
Total vialble supply
also the takings by Southern spinners to the same date, ao as to
7oi6i.
5»etl.
....
tiHied.
63igd.
Price Mid. Upl., Liverpool
give substantially the amount of cotton now in sight. We shall
J5^The imports into Continental ports this week have been continue this statement hereafter bringing it down to the close67,000 bales.

of each week.

figures indicate a decrease in the cotton in sight
to-night of 92,07t> bales as compared with the same date of 1881,
an Increase of 401,988 bales as compared with the corresponding date of 1880 and an increase of 492,948 bales as compared with 1879.

The above

—

At thb Inteeior Town3 the movement that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1880-81 is set out in detail in the following statement:

—

-

E

E'

5?

^ — — o ^c-

|ris|-i§'|g'3
fiii-lll E tts
?

,.« *=

? =

:

:

q;

4,413,fi57

3n3,35>
155,000

Total in sight March 17

4,922,012

4,918.422
281.662
5,200,084
415,047

135,000
5,750,131

amount

is algbt

—

"I?

•
:

:

Total receipts from plantationi.
Net overland to March 1
Southern consumptien to March 1..

238,*)63

1880-81.

Weather Reports by Teleoraph. There has been less rain
during the past week in most portions of the South, and in some
sections, more especially in the Southwest, planting has made

'^

o
t

4,17J,G89

It will be seen by the above that the decrease in
to-night, as compared with last year, Is 823,119 bales.

O P3
3 O

?H.'^«?'-

tl''S?C^

1881-82.
ports to March 17
bales.
Receipts at
Interior stocks in excess of Sept. 1 on Moh. L7
til©

some progress.

—

^^^^^5^^*
'C

CO

O
o-— 0'o:K>0">e».
tC05*-'^lrO

ci

^ §4
55?

i^
cnVwi-'&sc.c.f
C5~J^*'3*^-'
*-k'Cf)CocoCia:'X«50D»ooi^f-»xao-]^i&3

W

en CO

MM

coco

M

CO

Average thermometer
Indianola, Texas.

OWM<IMC0i^KiC0y"'-'W«iO<l(DC;'CDOi
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a 0; IX OJ QO M

cop

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en

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iocst3c;<o»i^ to
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rfk.

to CD en

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i»-*4;c«^©co>-Mososco*cc;to>tv»b-to*iOi

C®0SM«0CO>

toco

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M

(O

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ti QL' a; CO c; ti o-'cc
co':.'' i^to oc. coViTjid

w
^ ^ ?^ Cl W Co X ig O *- CO CO *- OS

-^1

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<ip
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00 03

OCOCnViOOOtt)

Palestine, Texas. The weather has been warm and dry
during the past week. Plowing and other crop preparations are
progressing well. The thermometer has averaged 68, the highest being 83 and the lowest 53.
ZVez* Orleans, Louisiana.
We have had no rain daring the
past week. The thermometer has averaged 67.
Shreveport, Louisiana. The weather during the past week
has been cloudy, with one light rain, the rainfall reaching
forty-one hundredths of an inch. The thermometer has ranged

pco
o' cc
00
CO
W (O
»J O CO Oi M
M
i^^iO-^tooto
»

C-.

tfk

i

d*.

' Tfcta

—

V^

it-QO CS (^

MtO

H'tft*

Ci;

>-•

^p

1-4

-vj

MOO

M

—

to 80.

ci"*-* rf-

O".

f^V

c;

^^t-*^

to

CTCOr-iX,

CO

53.

OIM

83
'o*co tn o c CO <i ooViTo
? ? ^5 ^
•^CDcOOJtoOCOCOCn-gtO-l — CO
CO CD O
OS O CO 00 Ot OS
to CO OS O" O Ol

CDOD-^OttfeMtO
t- CO

(tk

and lowest

have had drizzles on three days of
the past week, the rainfall reaching but two hundredths of an
inch. Corn has been generally planted ia uplands, and much of
it is up and growing finely.
Some cotton has been planted. The
thermometer has ranged from 39 to 80, averaging 69.
Dallas, Texas. The weather has been warm and dry during
the past week.
Plowing is active, and small grains are promising. Average thermometer 67, highest 82 and lowest 52.
Brenham, Texas We have had warm and dry weather during all of the past week, and all crop preparations are making
good progress. Considerable corn has been planted and a little
cotton. The thermometer has averaged 65, ranging from 5&

i^f*

t;itOib"OtoC':*-tOMOiCO)t»<ico(jooo:OCD
*- CO
O 00
Oi O
WM
OX
OOCO^lP^OO*
CC

65, highest 77

—We

—

M

i^M

Kl^
O CO *.00 O M Cn ta <| CC V t*^ * CJt
l-'f-i

Galveston, Texas. It has been showery on two days of the
past week, and the remainder of the week has been pleasant.
The rainfall reached eleven hundredths of an inch. Farmers
are busy plowing, and in many sections corn has been planted.

i-ttO

ioc;'pii-'t3toi-i*.io>o^ioiij
•q-.o-;j'co*»-aao~icD'(t.'i*:o<JOCoVi'iococr

?0J

50t0©*^<lOtOC0h0(UtCQDiUOt0r0rfk.-.fj
cstoo'jpi^tcc&i^-a'co-o-i^eoos — oioiM

year's flguree estimated.

The above

totals show that the old interior stocks have
de«-eo«ed daring the week 30,272 balf s, and are to-night
34,641

—

—

from 41 to 80.
Vicksburg, Mississippi.

—

Telegram not received,
Cofiimbus, Mississippi. It has rained on three days of the
Mies lesj tan at the same period last year. The receipts
at ^ast week, the rainfall reaching one inch and eighty-three.huntte same -t**!* have been 25,727 bales ZeM than the
same week dredths. The thermometer has averaged 59, ranging from 40

—

.

*'''^*' ^«P*^KaTl\*'',
«14,B06 bales Ua<i than

^ **>« receipts at all the

for the

same time in

1880-81.

towns are

to 70,
Little

Rock, Arkanaa*

We have had rain on

five

day» of

.

MAjtOB

—

;

THE CHRONICLE.

18, 1889.1

pMt week, and the remaioder of the week hM been olear.
On Wodnasday wn had hard rain, aocompaniwd with consfdHr-

1881

—

—

—

—

—

Har«h

16, 1882,

and March

Orleans

.

HomphlB
TloksbufK

.Below hiKli-wator mark
.Above low-warer mark.
.Above low-water mark.
.Above low-water mark.
.Above low-water mark.

35
38
33
48

Uch. 17.

Inch.
8

'81.

Feet.

Znc/i.

4

2
23

1

8

5
3
11

1

23
41

10
5

New

Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
1871. or Ifi feet above low-water mark at that point.

New Vork

Exch-vsqe.—The three applicants for
membership referred to on the 1 tth inst. have been duly elected,
:

five members shall be elected to serve three years, the President, Vice-President and Treasurer to be elected annually.
flsajority of two-thirds is required before any action will

A

be taken by the Board of Managers with regard to the proposed change.
At a meeting of the Beard of Managers the following committee was appointed to co-operate with other exchanges in
regard to the bill presented in the Legislature proposing to
tax all brokers dealing In secarities, corporate stocks, crude
and refined petroleum, cotton, pork, grain and flour James F.
Wenman, T. L. Macauley, Henry Hertz, William Woodward,
Jr., Robert Tannahill, President, ex-offlcio
:

Wbathir Rioord fob Fbbbuart.— Below we give

the rainfall

and the thermometer record for the months of January and
February this year and last year, and for preceding months in
1831 and 1880. The figures are from the records of the Signal
Service Bureau exoept at points where they have no station,
and at those points tney are from the records kept by our own
agents.

407

8-48

8

8

11

S'BO

1-80

.

t-M •04

S-84

1-81

IS

JO

IS

7

Ilulnruil.ln
Uikyt ut rain.

B-18 8-40
18
ICI

«.?'

W

iSr

ISO 100 110
7
7
8

Kalatall, In
DitTD uf rain.
.

I'lO

Kniiii'ill.la..

8-77

1-70

8

8

«

irM.m.-

1-a*

1-08

8

10

IW

17

8-90

2-lU

my* r,f riln
KiUu lliiwk—
I

Itnlniiill, In.,

4
1-84

Italnfttll.ln,.

I)By»

Pitrtunwuth

IV

8^89

084

7

6

18

IB

0-98
18

8-90
13

B-74
11

B'9«
1«

477

7-»l

18

8-49
14

8-17

B-81

8-48

S

14

7

8'«8

9-04

e

144

6
7-84
14

4-88
10

897

a-81

5-88

896

88

16

18

4-44
IS

8-78
14

8
10

10

10

7

8-68

B'I8

B-10
II

4'SO

8-80

8-40

8-10

S-80 8-80

5

7

7

7

7

•

14

18

8S

14

10

7

880

81)0

480

1-80

8-70

8-80

8-SO

4-90

8-40

8-80

9-80

8

5

8

a

IS

8

7

8-90
18

7

S

8-88

8

WUton-

IS

9

10
B-98
11

480 740

•-78 ISiie

8- IB

7

BS4

Ralnfall.ln..

Dara of

7
8-«l
11

8'«4

787

—

Uuliirull, In,,

Duyit of rain
Jtfwrphy Kalnlull.ln..
Days of rain.
Baleiolt—
Rainfall, In..
Dayaot rain.

7

970

1-90

.\fi

rain

<if

14

6-08
11

8

4

10
8-00

S

•iT
4-97

6'U S-W 417

0-4R

Davnof rain,
OtarhUt—

970 890

8'U 110

SOS 108

•«4

Oreerubont.—

a-oe

IS

8

4-70

8- IS

rain.

e-90

Faytlt'rMU—
Halnfall, In..
Days o f rain.

U

7

S.CAROMNA
CharUtton—
6-49

Rainfall, In..

Days of

4-88

10

rain.

1-98
11

8-10

4-78

8-41

1-8B

5-98

9

10

11

IB

B-81

4-06

4-18

3-30

8-96

15

13

33

8-60
16

8-96

31

5-33
11

403

8-21

8-01

1

9-79

15

10

11

7

7-48
10

1-90
11

B-77
14

0-78

I'lS

13

9

8-40

6-08

4-57

8-08

8-7S

7

6

a-iB 8-60

10

10

18

1-88

I-OO

10

OEORGIA.
Augiuta.—
Rainfall, In,.
Days of rain.
Attnntfi.—
Kalnrnll.ln.,
Days of rain.
Sfiviinnah.—
Ualrifiill.in..
Days of rain,

roi

104 2-38 9-OS
8
9
8

8

8-97
4

8-77

8

5-98
11

S-09

465

2-78

18

11

10

8-88
18

3-ai

IB
8-80

788
14

6-88
10

S-4S
11

4-40

3-08

80

10

4-78

4-81

10

Columbus.^
Kalufull.in,.

Days of

8-53' 8-08

4

4

4

B

3-00

1-75

0-21

4-48

rain.

.Vacori.—
Rainfall. In

Days of

.

5

6

1-73

518

4

6

rain.

Rainfall, In

.

Days of rain,
Thonuisvitle.Kainfiill, in
Diys of rain,

803 807

3'38

3-9B

4-88

a- 10

B-39

8-66

8-90

6

20

S

4

8

9

6

4-85

888

S-8S

S'40

8

B

6

10

9

18

8

800

8-SS

4-00

7

10

8

18

4-80
11

Kalnfiill, In.,
Days of rain.

4-58
18

5-21

Keys.—
Kalnf ill. in,.
Days of rain.

7-41

raid,

10

8

il'03

Diya of

6-88

10

8-08

6

7-28

4

Forsyth.—
Rainfall, in..

4-03

8

Borne.—

3^84

B

S-35

7-10

B-es
11

8-78 s-19

s-sa

9

878 318

8

6

789

5-84

14

7

0-18
10

1-06

lis

8-lt

V86

1-03 8-61

7

18

4

7

11

8

8

4-89 8-85
13
IV

7-21

13

13

8-86
11

1-89

8-5e

10

8

s-os

10

FLORIDA.
Jack^onviltf.—
13

2-8716-26 8-41
14
17
IB

6-09

10-87

8-5S

17

Cfftir

Rainfall, In,,

Days of
MobUf.-

4

B

13

8

8-89
18

8-73

8-86

4-88

4-08

9-75

6-77

3-58

9-87

8

18

IS

17

17

81

14

18

9

4-s:

7-68

4-M

8-00
13

10

4-40

7

rain,

Rainfall, In,, 11-71

Days of rain.
Green* Spr'gaRainfall, In..

Days uf

S-19

8

13

2-S3
l«

704 388 7-88 7-88
19

288

9

18

3-80

6-lS

4

rain.

11
B-43 10-B4

7

a

0-15
11

8-71

IS

at

16

13

4-75

8-38

7-36

e-49

5-35

8

8

18

9

8

LOUISIANA.
New Orteant.Rainfall, in.

Days of rain.
Shreveport.—
Rainfall, In..
Days of rain

7-48
19

4-84

1-88

7-84

604

15

10

IS

28

500 U-61

8-28
11

*1i

B-se

a-41

4-47
18

7

18

a-83 6-46

18

12

8

18

4-94 11-15

13

18

750 381

7

34

708

B-l»
B

404 6-80

13

II

U

2-84

8-71

8-88

13

16

10

MIS8HSIPP£,
Fayette.—
halnfall, in.,
Djiys of rain.

Cotton

Charles J. Allen, of B.iyly & Allen, New Orleans
E. A. Kent, of E. A. Kent & Co., 89 Broad Street, city ; George
Bonntree, of Tolar, Hart & Co., 89 Pearl Street.
The members of the Exchange are required by the Board of
Uanagers to vote on the 27th of March on the question as to
whether an application shall be made to the Legislature so to
amend the charter of the Exchange that at the next annual election five members shall be elected to the Board of Managers to
serve one year, five members to serve two years and five members
to serve three years, and that thereafter at each annual election

namely

S-S7

Kalnrall.ln
UnyM uf rain.

S.CMVtAifA.
Wilmington —

Montgomeru.—

FeeL
Nashville
Shreveport. .

FthMWJf,

ry.

1881. 1889. IflSl

ALABAMA.

17, 1881.
Jleh. 16, '82.

New

^

A'or/l.Uc.-

—

.

w

Nav f mtMrA IMt^mh'r, /ai

\

1881. 1880, lasi 1880. 1881. 1880,

VIHOINIA.

able hail.

Mobile, Alabama.— Wn have had showers on two days of
the past week, and the remainder of the week has been pleasThe
ant. The rainfall reached llfty hundredths of an inch.
thermometer has ranged from 4S to 78, aTeM«ing 63.
Montgomery, A>'ibama.~\V« have had rain on four days
of the past week, but as the week closes there has been a
favornble change in the weather. The rainfall reached one
inch and fifty-eight hundredths. The thermometer has averaged
C'J, the highest being 77 and the lowest 42.
Selma, Alabama.— It has rained on two days of the past
week, and the remainder of the week has been pleasant. The
rainfall reached one inch and fifty-sight hundredths. The thermometer has averaged 07.
Madison, Florida.— 9fe have had rain on two days of the
past week and the balance of the week has been pleasant. The
days have been yarm, but the nights have been cold. Average
thermometer 62< highest 72 and lowest 52.
Macon, Georgia. It has rained on two days of the past
week. We have had a frost this week, but not a killing frost.
Average thermometer 65, highest 75 and lowest 37.
Colnmbu.i, Georgia. ^We have had rain on two days of the
past week, the rainfall reaching three inches and forty-one hundredths. The thermometer has ranged from 53 to 70, averaging 63.
Savannah, Georgia. It has rained on five days of the past
week, on four of which light, and the remainder of the week
has been pleasant. The thermometer has averaged 61, ranging
from 44 to 77, and the rainfall reached two inches.
Augusta, Georgia. We had heavy general rain on four days
during the early part of the past week, bat the latter portion
has been clear and pleasauit. The rainfall reached one inch and
twenty-three hundredths. Preparations for planting are proSreasing well and planting is making good progress. Average
lerraometer 5S, highest 77 and lowest '37.
Atlanta, Georgia. It has rained on two days of the past
week, the rainfall reaching one inch and one hundredth. Average thermometer 53-6, highest 71 and lowest 33.
Charleston, South. Carolina. We have had rain on two
days of the past week, the rainfall reaching one inch and
eighty-two hundredths. The thermometer has ranged from 42
to 77, averaging 59.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock

ttct nbfr,

8tpttn,lj'r.\

Itatnralt.

-tb«

ThH rainfall reachfd Reventy-foiir hundn'dlhsof an
AvHragH thermometer 64, higheHt 73 and lowest :!3.
Inoh.
Na.s/iville, Tennesste.—U has rained alightly on tlin-o days
of the past week, the rainfall reaching three hnndredlhH of an
inch. Average thermometer 50, highest 74 and lowent 35.

021

8-10 10-80

4-80 11-20
IS
5

8-80

10

9

IB

S

e-02
14

4-51

8-10

8-91

4-50

13

9

8-70

Oolumbun.—
Rainfall, In,,
Days of rain.
VicJmburg.Rainfall, In..
Days of rain

8

8-11 10-51

0-68

8

9

17

1-.10

710

575

9
8-07

4-80 18-70 5-90
Id
7
13
39(1 1104

30

Rainfall, In..
rain.

8

7

1-98

5-09
13

507

1-75

10

«

1415 818 410 18-83 3-37 715 7-80
8j
11
18
14
11
11
17

10

13

1-70
1

B'90

8-00

1-70

13-96

B-8S

a

8

4

19

6

8-84

B-78

8-98

8-29

8-44

11

7

13

7

17

0-ao

8-40
11

Brookhaven—

Days or

8-SO
10

185 745
3

3

ARKAN.SA8.
X,itlle

Bock.—

Rainfall, In..

Days of

rain.

MoutU Ida —

Rainfall. In..

Days of

4
0-48

8

4-00

7

rain.

4-27

,

3-80

7-45

3-85

4-D6

4-ao

10

a

7

8

4-74

7-84

4-84

B-77

483

11

11

15

17

17

8-30
17

8-39

8-40
10

4-90

8

1-eu 18-08

a

11

5-8T

e

10-80

18

TBNNRSSEE.
WiultvUIe.Rainfall, In..
Days of rain.

8-49

Rainfall. In..

8-84

MemphU.—

Days of rain.
AthxmoA—
Rainfall, in..

Days of rain,
.^tutln—
Rainfall. In,,

Days of

rmln.

9

5-39
13

<

8-47
IT

888
7

B-80
14

5-14

9
B'flO

4-80

5-50

5-80

8-10

6

7

8

8-80

2-88

4

6

14

B

9

5-14

6-08

18

90

3-54

88

80

14

8-68 18-87 4-88
83
18
19

0-93
1"

4-10
10

780

18-10

81

18

IS

B-4S
17
8-41

13

7

1780 8-00 796 4-4*
7
34
7
7

8-B0<

9

•

8-88 14-48

13

TEXAS.
QatvetA^n.Rainfall, In,.

Days of rain,
India no la.
Rainfall. In.,
Days of rain,

8-88
11

1080 1083 8-80 9-85 8-88 8-50 9-ie 8-15 3-94 8-57 8-99
8u

8-51

8-81

17

80

I

81

a

18

18

11

13

81

10

18

11

5-04

3-48

4-18

4-18

0-60

8-89

8-07

1-01

4-)I

18

1-49
14

9

84

80

a

Rainfall, In.,
Days of rain.

4-08

518

1-98

8

10

In..
of rain,

8-41

350

8

4

8

14

Halnfall, In,,

B-se

8-93 4-19
10
IS

8-8S

ro7

B

18

s-oe
18

8-S3

7

3-88
11

8-81

17

8-78
11

14

8

9-18

4-18

1-as

1-78

1-31

8-47

10

Corticana.*—

Km
Vim—
Rainfall,

Days
San Antonio—
Days of
Veniaon—

ralD,

Rainfall, In,,

Days of rain.
l>rearwr—
Rainfall. In.
Days of rain.

Oatrxnmt—

Ralofall.la..
Dav* Af n%(n
*

iu«

8
B-S9

7

8-74

B-B4

14

18

0-83

S

3

8-37
10

13

4

8-7B 8-S3

10-SS

858
6

8-81
10

4

ri

::::

10

8.

frT4

4-8B

1-M

to

9

11

18

4

7

10

B

3'OB

4-86
17

1-34
8

1-88

1-78
19

MS

1-78

10

a«a Fabraarr.

IS

17

S-14

19

1-79 10-04

V*l

10

aiiur«8 tor D,;ctiiiO«r, 1881.

11

8-80

1888, »f» for

Pa

mtlaiT

.

—

. .
.....
....

,

THE

C2

1

(^HROJ^ICLE.

[Vol.
October.

'September.}

Tlvrmonuter.

TkermomeUr.

January. Fibrvuxry,
\

1881. 1880. 1881. 1880. 1881. 1880. 1881. 1880, 1882. 1881. 1882. 1881

VIBGINIA.
J^or/ollc.-

Hlghest....

Lowest
ATenige...

N.CAR'LINA.
lFUmln»(«n.—
Highest

Lowest
ATenwte

3femphM.—
Highest
Lowest
Average

980 890
S20 48-0
76- 68-6

Ashwood.
Highest

. .

820

77-5
22-0
50-6

73-0
18-0
38-9

70-0
31-0

71-0

710

65-0

54-0
60-3

480

30
37-3

21-0
43-4

140
340

780
840 87
32-0
520 420 42-0
64-.r

84-0

68-0

88-0
00-0

670
180

63-0

55-0

78-0
17-0
48-]

880 89-0
540 420 420
782 66-4 612

80-0
34-0
68-8

760
180

680
250

ao-1

46-3

91
62-0
78-0

87-0! 83-0

79-4
36-0
61-7

93-0
63-0
79-9

88-0
55-3

98-0
51-0
74-8

92 0' 860
470; 41-0

79-0

72-3| 63-6

45-9

89-0
45-0
68-3

100-0

Lowest
Av«rage+

76

Austin.—
Highest

88-0

Lowest
Average

Or«n»6oro.—
Highest.
Iiowest

Novemher. Decembrr.

XXXIV.

230
460

76-0
27-0
52-7

69-0

62-0
14-0

72-0

6iS-0

30

380

140

34-01 43-21

55-5

45-0

69-0

600

170
432

8-0

4-0 68-0
28-0 200

34-5

511 410

75-0
37-5
58-6

68-0
28-0
47-2

75-0
46-0
63-1

680

76-8

74-0
21-0
45-4

78-7
43-5
65-3

76-0
32-0
55-3

220
43-1

TEXAS.
Galrfston,.—

Average
IFeWon.—

910
660

Ixiwest..

Highest
Lowest
Average

ATera«e

IruUanota.

Highest

92-5

Highest
Lowest

Lowest
Average

640

Highest.

XiUv Hawk—
Average.
Charlotte—

Highest.
Lowest..
Average.

81-2

—

80-4

CorsUana.'Highest

99-0

Lowest
Average
New Ulm.—

78-9

400

59-0

77-1

520
860
46-0
69-3

78-5

74-0
43-0

72-0

290
54-1

588

53-5

81-0
22-0
52-3

77-8

180

760
404 140
596 53-9

3-2-1

68-8

75-0
6-0

140

78-0
8-0
40-2

82-0
54-8

800
2S-0
49-5

Lowest

82-0 81-0 79-0 820 SOO
1000 970 910
Highest
340 »-0 270 14-0 37-0 200
550 550 55-0
Lowest
57-1 51-4 55-S 43-2 62-0 53-3
79-2 76-0 73-3
Average
San Antonio—
75-0
77-0
980 930 90-0 870 84-0 80-0 78-0 790
Highest
53-5 54-0 46-0 41-0 280 21-0 320 10-0
29-0
18
Lowest
43-8
54-0
Average. ... 80-0 76-6 72-6 65-4 57 7 48-8 56-2 50-7
Denison—
Highest
1030 99-0 89-0 84-0 78-8 71-0 72-5 76-0 75-0 74-0 75-5 780
5-0 320
48-0 510 440 370 24-4
2-0 16-0
29-0 .14-0
Lowest
2
41-3 49-8 41-1 44-2, 88-7 53-7 43 6
77-2 73-1 09-2
Average. ...

.\verage

Vecatiii

Port^iniuth-

—

Highest..
Iiowest...

Average

Murphy—
Highest
Lowest

.

Average.
RaleiQh-

.

.

69-3
27-8
49-5

80-0

—

Watmr-

Highest
Lowest
Averawe.

..

100-0
49-0

1000 9^0

82-0,
37-01

27-0

5-0

18-0,

76-0
5-0

78-1

54-0
76-0

480

...

69-0

65-5i 51-8

409

40-0

43-4

34-2

750
160
442

101-0
53-0
77-0

53-0
74-5

44-0
67-5

oo-o 84-0
38-0 27-0
61-0 85-6

82-0
820 79
230 29-0 270

78-0
30-0

87-0
16-0

800
240

.

Highest....

Lowest
Average....

TavtUtviUt—
Highest

Lowest
Average

CAROLINA

Charleston.—

GEORGIA
Augusta.—
Highest,
Lowest.,

Average
Atiantjx.—

Highest
Lowest.

Average
Savanmth,—
.

Highest.

..

.

Average.

Columbus.—
Highest.

Lowest.
Average,

Lowest
Average

..

—

720

52-5

73-0
2S-0
50-9

55-8

78-0
3-0

»5

75-0

58-0

•This station has been removed to Palejtine, Texas, from which point we

The following remarks accompany the month's reports for
January and February, 1882
:

Norfolk, yo.— Very wet Surlng Jaunary, -with heavy suow on the l«t
and 5th. Heavy frost ou February 25.
Frosts on February 1, 2. 3, 5, fi. 7. 22. 23, 2-1 and 25.
Charlotte. N.
J'ortsmouth, iV.
Ice on January 2 and 3. More southerly winde
for the month than for many years during same month.
Murp?ty, y. C. Januiiry was one of the most roiny months on record,
consisting mostly of steady, drizzling rains without intermission.
Scarcely any sunshine. The roads were in about the worst condition
ever known here. Frum the 11th to the 19th inclusive the rainfall was
9-95 inches.
Six inches of sncw fell on January 1, and is included
Raleigh, -V.
in the rainfall as melted snow.

C—
C—
—

Highest.

Lowest.
Average.

Boms.—
Highest.
Lowest..
Average.
TlunnasviUe.—

C—
C—January

was a cold, wet and disasrceablo month, and
on the 1st snow fell to the depth of 8 inches. February has been an
average month for out-door work ou farms, and considerable progresg
has been made.
Fai/elteville, .V. C— Lunar halo on night of January 24, followed by
rain on the 25th, and on tlie 17th the mercury fell l."> degress in fifteen
minutes, and on the 28th it fell 9 degrees iu lifteen minutes.
Augusta, <?<(.— Rainy days in excess during January. Amount o<
iri7«o;i. A'.

MtKon.-

precipitation about normal.
Allanta, Oa.—A. little suow

Highest
Lowest.
Average

.

and heavy sleet on January 30. Avery
wet and cloudy month only two fair d.ays. In lower Georgia it was
quite dry, and favorable for farming operations.
Rome, On.— The moutli of January was extremely wet and cloudy.
Three inches of snow fell on the 30th.
Thomasville, Oa.—Vfe had frost and ice A. M. of January 2 and 3. The
month was very mild, and the town was full of strangers from the north
and northwest enjoying the mild temperature. Frosts on Feljruary 1,
5, 6, 24. 25 and 20. The three last fjosts did some slight damage to
vegetables. Pear and peach trees hdve been in bloom since February
14, and forest vegetation is rapidly advancing. We have ripe strawberries and will in a few da.y8 have English peas. Many farmers have
planted com. We have had good seasons thus far.
Forsyth, Ca.— Fi-om 7 A. M. of January 30 till 9 A. M. of the Slst 207
inches of rain fell, and it froze as it fell. The rainfall for February,
1882, has been greater than for any February within the eight pre;

Forsyfh.-

Highest
Lowest.

Average

FLORIDA
JaehsonviUe.-

Highest ...

Lowest
Avenige...

Cedar Keys.Highest.

Lowest
Average

ALABAMA.
Montgmneru.—
Highest

Lowest

CastroviUe—
Highest..

78

shall receive reports shortly.

Highest
Lowest,
Average.

Lowest

73-3
87-1
52-5

i

Highest..

8.

88-0
44-0
66-0

. .

Average..

MobtU.Hlghest.
Lowest..

amount

Average
Oreens Spr'ps

Hlibest
Lowest.

Average ...
I/)CISIANA.
jW«w Orleans.—
Highest

Lowest
Average.
Shrevsport.

Highest

Lowest
Average

mBSIgSiPPl
t^nettt.-

Hlghost

Lowest
Average.

(Mumlnlt.—
Highest..

Lowest
Average.
Viehaburg.-

Mlghest.
I,.owest.

Average.

Brookhaven—
Highest...
Lowest
Average

ARKANSAS

XjmU Bock.Highest

Lowest

ceding years.
Cedar Keys, f/a.— Galea on Jan. 1, 29 and 31, with a maximum velocity of 32 miles per hour. High temi)erature and slight decrease In

.

Avemife,

Jtfwnt/da
Highest.
Lowest..

Average

TBNNESS15E.
ifashinlu.—
Highest..
lx)west ..
AvcniKi;..

of precipitation.

JfbiWc, .!/«.— The month of January was remarkable for the length of
time raiu fell, though not for the quantity of rain.
Greene Springs, Ala.— There were not more than;fl\'e clear days during
the mouth of January. Theie were but few frosts, the ground being
frozen not more than two or three days. During the month of February
we have had Ave slight frosts. Peach trees began blooming about
the 14th, and were in full bloom by the 20th. Yellow jesaamine in
bloom 17th. The mild temperature contiimes.
New Orleans, ia.— Frosts on February 1 and 5.

Shrcreporl, La.—T]ii', month of January was remalrkable for cloudinesi
and almost incessant light raius. The high stage of water in the river
(caused by rains) had broken tlie levees twenty miles below this etavioii
and flooded plantations, destroying considerable property. Two thunder
storms, accompanied by high winds and heavy rains, have occurred
during February. The very high stage ol water iu the Rod River hug
caused ovei-flow of plantations and retarded the planting of crops, eto.
Should the present stage of water coutiuue or increast^, great loss of
property, such as pin-houses, stock, Ac, will probably result.
Fayette, Jfis«.— Light frosts ou Jan. 2 and 23. No storms.
Columbus, ilUs.—UveaX logs ot stock (mules and cattle) caused from
sudden and rapid risiug of the Tombigliee River duriug Jauuai-3-. The
river rose seven feet in one night, which was unexpected, as the river

was already

out of its banks.
Viekshurg, J/iss.— Fi-osts on Januar.v 2, 22 and 23, and very heavy
rainfalls during the month. Frosts o«"Feb. 1, 22 and 23.
Broohhaven, Jf/'s*.— Raiu commenced falling on Jan. 6 ard contiuued
until the 22d of the mouth, and during this time there were about ten
hours of sunshine. The greatest rainfall on any of these days Wiis 2-30
inches, which occuri-ed on the 2l8t.
ilouni Ilia, Arlc.—'Sii snow during February. Thunder storms on tll6

11th, 20th, 27th and 2tith.
Nashville, Tend.— Very heavy rains during the month of January.
Eiver above danger liiie from the 11th to 31.st. Fclu-Eiary has been
milder than any February since the establishment of station.
Ashirood, Tenn. January was a very rainy month. I liave no record
for twenty years of so much rain iu any one month. On the ui>:ht of
fhe 27lh the rainfall was 3-30 inches.
-i««(in. Toin.— January was the most rainy January in the memory
of the oldest inhabitant. There were only 310 inches of snow. It
rained or snowed on every day iu the month exceptfour, and there were
two inches of snow ou the ground at close of month. During the monta

—

.

Marob
Kehnmry

lit

THE CHRONICLE.

18. 1882.]

wf<

had rrMt nn

uiiuaiiitllv vrnriii niiil rl«u4y.
tlie rnliiritll rcnnhlnK n|)aul i>n«

tlircA liny*,

On

ilio

anil

'.:4lh

we

tbn wrntlirr ban hvrti
hiwl a very h«ary ralu,

inch In n frw oilnntfii.

hutiUHola. Tfj-fU.—\ notuMo aUiU'nrr fif frOMtn nnd onhl wonthcr Hint
Horthnni diirliiic Januiiry. TU« iireclplUitlDU wii< not nlinvetlin iivmiiKr.
bat the nuuitxT of nilny dnyn In nnn ciMlnn witn greuIiT. A mild, niwu

January. A IrrrlHr noiilherly atonn )>nam'd ovrr tlilit station A.M. of
February 2A, with IlKht rain for n aliDrC tinii>, iilau gmall hull und tnrThn ntorm uinvcd
rtflo ilKzag Hichtnlu); lu thn mmth iind aoncheiint.
rroni Uio nurthwext. Thero baa been a notable absence or uorthora durthe niiMith. No front.
2><ni«oii, ruas.-Fruata
9, 21, 22 und 23.

loff

Cattrovitle,

on January

rrnu.— Heavy

freat on

IS, 22,

20 and 31, and on Feb.

JaaiuuT 31, and aleet on the

1,

t7tli.

—

The Misaissippi Overflow. We are aaked to gire oar opinion
with regard to the reports as to the extent and effect of the
Mississippi overflow. It is impossible for anyone to answer
such a double irqairy at present, fn the first place, althocgh
the situation is evidently very bad, no one seems to know just
bow bad

it is.
Governor McEnery, of Lcuisiana, for instance,
ander date of tiarcb 13 telegraphs to Washington that the
reports are exaggerated, although the suffering is very great.
Then again, until the flood has reached its limit and subsided,
it seems nseless to try to measure its effect.
It \» a favorable
feature, if It should subside now, that it came in March instead
of April. The disastrous flood of 1874 continued all through

April, the highest water being recorded at Vicksburg (45 feet 8
inches above low water mark) on April 30 and Slay J, and at
New Orleans (7 inches above high water mark) on April 15, the
next two weeks being but very little lower; in fac', on the 2d of

May Kew

Orleans was still reported only 1 foot 6 inches below
high water mark. That year the record shows that the tota)
" breaks in levees exceeded 12 miles," and the total "extent of
bottom lands overflowed exceeded 25,000 square miles." These
are official statements, and when the facts with regard to this
year a^re settled and procurable, wa will make comparisons
which if attempted now would be mere estimate, and poor
at that.

The Livhepool Cotton Exchasob, Limited.—So long as
transactions in future deliveries remained small in number, the
Liverpool Cotton Brokers' Association was found to work
to the satisfaction of the trade.
But since the "future"

823

to the queation of registration of contracts, periodical i(flttl»ments, power to close oontraots, and quotations in decimals.

Minimum

coininlHsion for

non-members on

futures to be '4 per cent for buying and

all

businem la

% per cent for aelllDi^.

to make their own arrangements.
One-half per cent for buying and selling calculated on 854d.
per pound is equal to (30 for 100 bales.
We understand that It ia the intention at the Exchange to
approximate the mode of doing bnslneas in futures as much

Members

•
ho^

practicable to that of the New York Exchange. It Is to be
that particular of sales telegraphed to New York will give the
quantity sold as well as the price.

The Liverpool Cotton Brnkers' Association has thus far
refused to join the new organization; but as the Exchange does
not begin business before June 1, some compromise will probably be arranged to enable the two bodies to wotk harmoniously.
CorroN FOB Califorria.— We take the following from the
Galveston Daily News of March 9
•• W. F.
L»dd A Co. of this city, shipped, on the 7th Instant, 100 balca
:

of hlxh-Kradc cotton to

Ban Francisco, the tlrat shipment of the kind
ever made from Galveston. The cotton was shlppeil vliiihe Oalvcston
Houston A Hendt-rcon Koad. connecting with the all-rail route of the
(tould systeni to El Paso, thence to Baa Francisco via the Ciilifornia
Southern Pacific. It Is understood that a sultlcieutly low fi eight rate
was given tojuslity the shininent und to encourage a reciiiroeal Inter-

change of coniniodltlrs. Tills cotton Is used. It Is learned, fn Ciilifomla
woolen mills, where nilxejl fabrloa to some extent are manufactured.
In course of time California mty come to take largely of the Texaa
cotton crop lu the development of ber manufacturing Industries, la
wlilch event Galveston will be able to load returning cars bringing
grain to the Gulf for shipment. There Is much lu the possilillitles outllued by the opening up of the Pacltic coast trade, which Galvcstoa
business men seem disposed to take hold of und push with vigor."
Jute Bcttts, Baooixo, &c. There has been a fair demand
for jobbing wants, but the inquiry for large parcels is still light,
and buyers are not disposed to operate. There have been sales
of several hundred rolls of various grades at market rates, bat
for any quantity it is probable that something less would buy.
At the close holders are quoting 8M@8>6c. for 1^ lbs., 8H®9c.
for Wi lbs., 9M@10c. for 2 lbs., and 10M®Uc. for sUndard
grades. Jute butts are doing fairly in a small way, but the
market is not active. The "Senator" has arrived with a small
quantity. There have been sales of about 1,500 bales part
pa^er quality at 25'6®2?4c., and these are still the quotations,
while bagging grades are still held at 2^@3c.
Compaeative Poet Receipts asd Dailt Ceop Movembht.

—

—

system has become universal, and of vast and constantly pro- A comparison of the port movement by weeks is not accurate
gressing proportions, it has been thought desirable that the as the weeks in different years do not end on the same day of
association should enlarge its basis and introduce changes the month. We have consequently added to our other standing
•'equired by the altered condition of the trade. AH efforts how. tables a daily and monthly statement, that the reader may
ever to induce it to part from the old beaten track have constantly have before him the data for seeing the exact relative
proved fruitless, and it has therefore been fonnd expedient movement for the years named. The movement each month
to establish a Liverpool Cotton Exchange.
since September 1. 1881. has been as follows:
As has been well expressed in a circular accompanying the
Tear Seginni/ig September 1.
Monthly
prospectus, the aim of the Exchange will be thoroughly to repKeeeipts.
1830.
1879.
1878.
1881.
1877.
1876.
resent the cotton trade in its entirety, without antagonism to
any class concerned, but simply to promote fair and equitable Bept'mb'r 425,770 458,47? 333,643 283,84S
98.491
236,868
888,492 689.261
578,533! 67.5,260
rules and free trade
837,349 968,3 Itand that, although the business in October.
" futures " would at first appear the chief consideration, the Novomb'r 931,073 1.006,.iOI 942,272 779.237 822,493 901,392
Decemb'r 933,440 1,020,802 956,464 893,664 900,119 787,769
Exchange intends at all times to watch over and promote all
January
543,912 571,701
647,140 618,727 689,610 500,680
;

.

other branches of the trade, including, of course, the specialities
of American, Indian, Egyptian, Brazil and other sorts of cotton.

As will be observed by the following telegram received by
our Exchange on March 9, the Liverpool Cotton Exchange was
on that day successfully organized
To Mr. RouEKT Tasnaiiii.l, President of the Now York Cotton Ex:

change
The Uver|>ooI Cotton Exrhanite, orBiinized to-day with two hundred
member*. represoutluK one bundrrd and ilfty Liverpool and Manchester
flrms, send Kreetlug. Expect to bo ready for bugiueiu abuut Juue
I.
F. MciR, President.
This friendly commanication our Exchange replied to by the
following cable message
:

291,992

February.

572,7231

447,91?

560,824

472,054

449,686

Total year 4,033,541 4,598,528 4,215,929 3,836,564 3,561,300 3,551,655
Perc'tage of tot. port
78-28
81-29
8627
81-«5 ' 87-95
receipts Feb. 23...

This statement shovt-s that up to Feb. 28 the receipts at the
year were 561.987 baled less than in 1880-81 and
182,388 bales less than at the same time in 1879-80. By adding
to the above totals to Feb. 23 the daily receipts since that time,
we shall be able to rea h an exact comparison of the movement
ports this

for the different years.

:

1881-92.

Mr.

F. Ml'IR.

organisation, and tender earnest wishes fur their prt>:)i>erU7

KoBEkT Tassahill,

As

may

President.

our readers, we add the|main by-laws and
rules as projected for the Exchange in the prospectus.
The capital has been fixed at £50,000 in 500 shares of f 100
each £25 to be paid on allotment, remainder as decided hereafter by the board of directors.
The capital to be invested as
a permanent fund in securities and Exchange premises the
income to be available towards the annual expenses of the
Exchange. First issue, 200 shares at par.
it

1830-81.

1879-80.

1878-79.

1877-78.

1876-77.

President of the Llrerpoo! Cotton Exchuniro

The meiuliers of ilie New York Cotton Exchauico heartily conffratulato
the members of the Liverpool Cotton Eichaujfe ou tlielr successful
interest

;

j

t^ persons of twenty-one years of age, havinar their place of
bnsinesa in the United Kingdom, and of good character and
commercial standing, to be eligible aa members. Election of
members to be bv- the board of directors.
Management by a b<5ard, consisting of a president, vicepresident, trea.surer and secretary— the latter a paid official.
Suitable prfmi-ses to be provided, and all useful information
to be supplied
Entrance fee fixed at present at £10 per share.
Authurued forms of contracts for futures to be adopted, and
ia framing the rules for such business, promin«o«e to be given

Tot.Fb.23 4,033,541 4,598,328 4,215.926 3,836,564 3.561,300 3.551.655
20.473
16.279
10.547
17.754
6,519
0.386
Mch.l....
" 2....
12,465
12.171
8.
9,363
9.782
7,625
" 8....
16,503
12,432
S.
4.567
19,628
10,803
8.
" 4....
22,125
10,056
32,985
19.653
6,913
" 6....
13.404
17.175
8,531
21.006
8.
7.947
6.S73
" 6....
9.746
8.
9,839
9.860
13,485
8.722
" 7....
8.873
23,943
8.
15,631
3,582
12.300
6.561
" 8....
24.435
ie.ti5
12,430
11,056
8,7SS
" »....
16,338
8.
18.576
6,724
6,673
8.
" 10...
8.473
18.764
6.711
12.039
19,011
19.179
8.
14,887
10,944
"11....
5,909
28,150
11,487
8.391
8,298
13.745
"12....
8.
17.258
14,234
10.344
9,01T
-13...
7.707
10.207
B.
13.992
13,767
" 14....
6.758
8.
25,282
10.900
14.641
7.531
7.692
" IS....
13.435
19.161
10,289
8.
X1.210
6.341
7,411
" le....
13,192
7,077
8.
12.019
6,660
" 17....
4.237
14,900
13.072
4,174,639 4,900,016 4,379,852 4,017.870 8.763.475 3,6e8.»4S
Peroeutag e of total
87-57
90-88
93-42
9034
8S60
pnrt reo'i)UMch.l7

Total

—

.

THE CHRONICLK

324

fear Oreal Oonlir
Brlt'n.

Shipments since Jan.

this week.

nenl-

Continent.

Great
Britain

Total.

394.000
21 1.000
184.000
1 23.000

30,000 11.000 11,000 253.000 141.000
11,000 21,000 32,000 71.000 143.000
6.000 6,000 72,000 112.000
7.0(10 20 000 27,000 .^S.OOO 70,000

Week ending—
Exported to—

Jan.

13,000
19,00u

Shipments since Januarn

\

170

7,756 249,165 228,646
550
6,707 10,946

Total to Gbbat Britain 14,371 10,135

8,567

8,306 255,872 239,592

101

509

Bremen and Hanover

—

TOTAL TO HORTH. EUROPE

Great
Britain.

130

401

509

839

19,380

27,528

1,580

75b

260
300

961
100

50

807
369
50

29.827
14,084
4,829

26,091
16.744
5,090

2,952

2,140

1,226

1,061

48,710

48,825

837
200

1,203

1,037

1,663

Since
This
week. \Sept. 1.
N. Orl'aus

3,990'l6i!.931

Texas....

2.08.ii

Savannah

2,015213.711

week show that the movement from
the ports other than Bombay is 1.000 bales less than same
week last year. For the whole of India, therefore, the total shipments this week and since Jan. 1, 1882, and for the corresponding
weeks and periods of the two previous years, are as follows.
exports to edrope from all ihdia.

N Car'Una

1882
1881

1880
1879

The above

15,000
16,000
13,000
10,000

5,000
4.000
2,000
1,000

10,000
12,000
11.000
9,000

1

totals for this

Mehile...
Florida .
Vlrgluia..
North. pt8
Tenn., Ac,

10 all

Europe

from—
Bombay
All other p'rta

394,000
143,000

32,000
16,000

214.000
133,000

6,000
13,000

184,000
33,000

.137,000

48,000

347,000

19,000

222,000

41,000
15,000
56,000

Total

Since

Jan.

Jan.

Since
1.

This
week.

Si)iee
1.

Jan.

1.

statement affords a very interesting comparison of the
total movement for the week ending March 16, and for the three
date, at all India ports.
to
years up

This

36 30,210

—

Atejandria, Jiijypt,
itarch 16.

1881-«2.

BeceiptB (cantars*)—
This week
Hinrt*

rt«pt.

36.000
2.616.000

23,000
2.711,0,10

1

187f-80

1880-81.

This
Since
week. Sept. 1.

5,000
3.190,000

This
Since
week. Sept. 1.

This

Since

toeek.

Sept.

1

Exports (bales)-

47

.

18,3i5-

•.

630 45,565

10

18.205

1,306

67,246'

56

1,493 82,344
3,779 165,221

291 40,298

I4,68»

'.',504

This year. 14,042 933,489

5,902 33:f,409

330 70,508

4,033 176,747

891,131

8.9S5 314.042

3.054 56.010

3,539 182.267

21,94,-)

Shippino News. The ezports ot cotton from the United
States the past week, as per latest mail returns, have reached
104,630 bales. So far as the Southern ports are concerned, these
are the same exports reported b.y telegraph, and published ia
the Chronicle last Friday. With regard to New York, we
Include the manifests of all vessels cleared up to Wednesday
night of this week:
Total bates.

Hew York—To Liverpool,

oer steamers Citv of Brueecls, 94
Germanic, 1,849, .Egviit, 2,007,,, Lalse Chiimilaiu, 1,011
...Bcythia, 1,701,.. Wyoming, 1,094
To HuU, per et<-iiiuer Salerno, 150
To Glasgow, per steamer Fiimessia, 400
To Havre, per steamer Amorique. 839
To Bremen, per steamer Main, 961
To Hamburg, per steamer Gelleit. 100
New ORLEANS—To i.iveip"ol. per steamers Cadiz, 3 979
Callforniaii, 2,900, ...Cella, 4,840. ,.,

.

4,500 •221,000
ll.ooO 150,838

f>,ono 1-9.000'

176.338

9.1flO;2S2,6'2t'

4.160

93.6241

7.51'

207,730

2,000 I44,41i8

7,756

150
400
839
961

lOO

Legislator, 5,120....

4,600, .,,P. mbroke, 5,7b0
per bafk Wimii.era,
per ship Nettie Murphy, 5,090
40,154
3,400
2.230
To Cork, jier bark Formosa, 2,230
To Havre, per steamer Suez, 1,754. .per ship EyerSon, 5,207 6.961
966
ToReval, per bark KouKsbyrd, 906
9-.i4
ToCronstadt, per baik Aiilesuiid, 924
ToKarva, per bark Schiller, 1,640
1,640
per brigs Alfredo,
To Barceloua, per bark Adtlaute, 357
3:;4
.PubiUii, 39
720
CUARLES'roN— To Liverpool, per barks Josephine, 1,392 Uilaiid
Yarmouth,
and 50 Sea Ifland
.Memeuto, 1 ,518 Upland
5,854
2,39 1 Upland
4,587
Savannah—To Liverpool, per ship Sueccss, 4,587...
2.431
To Bremen, per bark Johaiino Marie, 2.431
1.331''
Texas—To Liverpool, per barks Teuax Proposite, 1,339
To Cork, for urders, per barks Fortuna, 1,550
Tauercd,
3,21.5^
l,60o
To RevaL per bark Success, 1,187
1,187
To Vera Crux, per steamer Whitne.v, 773
77*
BernWilmington—To Liverpool, per barks August. 1,592
hard and August©, 1,233.
2,82*
Norfolk To Liverpool, per barks John Hamneit, 2,117
Jessie Renwlck, 3,327
5,444
Bal'Timore-To Bremen, per steamer Strassburg, 3.227
3,227
Boston—To Liverpool, per steamers Bavarian. 1,890.. .lUyrian,
7,947
1,664. ...Iowa,3,480....Nova8cotia, 913
Philadelphlv— To Liverpool, per steamers British Crown, 1,500
....lUlnois, 500
2,000
Mieslcsippi, 4.436,,.,Peconie,

.

.

.

. . .

Llvei'iKH*!..
(Joiitiiieiit

57,70*

2,717

la.st

Alexandria Receipts and Shipments. Through arrangements
we have made with Mas-srs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movements
of cotton at Alexandria, Egypt. The following are, the receipt*
and shipments for the past week and for the coiresponding week
of the previous two years

lo
To

3,676
31,330
4,863

—

This
week.

This
week.

1

1880.

1881.

j

96.783

7.198
2,02«'l33,517
38o! 53,339
2,357,164,633
1,832
1.107 138,016

S.Car'lina

Foreign

This
This
Since
Since
This
Since
week. Sept. 1. weeHc. Sept. I. week. Sept. 1.

30

.

Last year
1882.

\

i

Receipts

1.

Total

93,000
76,000
30,000
41,000

460

17.453'l2.07e 10.302 10.206 3a5.029 317.608
Grand Total
Thb Followino are the Receipts of Cotton at New York,Boston, Philadelphia and Baltimora for the past week, aud
since September 1. 1881:
Baltimore.
Boston.
Philadelphia.
Kew York.

143,00e
133,000
38,000
63,000

Total.

27,&28

Total Bpain, &e

50,000
57,000
8,000
23,000

Continent.

19,330

Spain. Op'rto, Qlbralt'r.&c
All other

Oonlir
nent.

Great
Britain.

839

2,144

1.

1

Year.

1.

8,397

\

this week.

Sept.

IS.

8.

1.

previ'vf
year.

Other French ports

According to the foregoing, Bombay appears to show an
increase compared with last year in the week's receipts of 21,000
and the
bales, and an increase in shipments of 9,000 bales,
shipments since January 1 show an increase of 180.000 bales.
The movement at Calcutta. Madras, Tuticorin, Carwar, &c., for
the same week and years has been as follows.
flALCDTTA, MADRAS, TUTICORIIf, OABWAR, RANQOOS AND KDRRACRKE.
Shipments

Same
period

Total
since

Hch.

13,840 10,135
531

130

514,000
320,000
311.000
203,000

59,000
38.000

Mch.

Heh.

Feb.
22.

Other British porta

Since

This
Week.

Total.

•

and

Receipts.

1.

XXXIV.

direction, for each of the last four weeks; also the total exports
direction since September 1, 1881, aud in the last eofamn
the total for the same period of the previous year:
Exports OF CorroN (bales) from New 'Xork since Sept. l. 1881.

since Sept. 1 up to
This statement shows that the reoeipte
they were to the same
lo-night are now 725,337 bales less than
bales less than they were
day of the month in 1881 and 205,163
We add to the table
in 1880
to the same day of the month
which had been received to
the percentages of total port receipts
March 17 in each of the years named.
PoBTS.—The flgnres which
India CkmoN Movbmbht from all
cable each Friday, of
are now coUected for ns. and forwarded by
ruticonn, Carwar, &c.,
the shipments from Calcutta, Madras,
previously-received report from
enable us, in connection with our
India
Bombay, to furnish our readers with a full and complete
movement for each week. We first give the Bombay statement
figures down to March lb.
for the week and year, bringing the
UUMBAT RBOBIPTS AND SHIPMENTS FOR FOUR TEARS.

Shipmenit

[Vol.

.

.

.

.

l.'i.^oo

2,750

!,218

A uautnr is 98 lbs.
This statement shows that the receipts for the week ending
March 16 wAe 28,000 cantars and the shipments to all Europe
'

•were 15,500 bales.

Manche.stkr Market.— Our report received from Manchester
to-night states that prices have advanced for both twists and
shirtings, and that the market was active, but afterwards
became quieter. We give the prices of to-day below, and leave
previous weeks' prices for comparison:
1882.

8H

32» Cop.
Twist
d.

d.

Jan 13 938810
" 20 9I38IO
" 27 9i«810
Feb. 3 938810
" 10 938810
" 17 9388 O's
•<
24 9388 9Te
Hcb. 3 938® 9'8
•*
10 9-i6®lo
" 17 9I5»8103,«

Thb Exports

1881.

Ootfn
lbs.

Shirtings.
1.

d.

6

8.

7 Is 88

6

71288

«

6
6
5
6
6
6

6

6
6

6
6
6

d

'88

«

'88
'88

'87101s

'87 10i«
»7 10i«

Mi'l.

32» Cop.

Vplds

Iwist.

d.

d.

d.

d.

B.

rt.

Oott'n

Mid.
Vplds
d.

-88 3
6"ia 9%®10i2 7
659
9388IOI3 6 9'888 2^8 6»18
6^
B!>8
938 81012 6 9'8'a8 2'',^ O'le
938®10l4 6 978 98 2^8 6»„
068

eis

67'«

eia

a? lOifl 6%
7i«®8

en,.

038®10'-4 6

o-^eas 2'8
810l4 OlOHj-rfS a-'s
91a 810'8 6 10i2®8 2Vf,
912-81038 6 IOI383 2''8
914® 9'e 6 9 '87 loH
9i4'ai ^Ih 6 9 '&7 lOHj
n-''8

104,630'

Total

8I4 lbs.
Shirtings.
s.

—

e'lo
638
638
«3,«
63,„

op Corro.y from New York this week show a
decrease, as compared with last week, the total reaehin?
10 206
bales, against 10,302 bales last week.
Below we give our usual
toWe Bhowing the exports of cotton from 2Tew York, aud their

The

particulars of these shipments, arranged in oar assal
form, are as foUows:
Bremen Retal,
Cork,
Bull it
and CronLiver- alasHam- stadt A Baree- Tent
TottU.
pool,
gow. Bavre. burg. Narra. lona. Orus.
10.208
NewTorlc.. 7,756
550
839 1,061 53,595
720
N. Orleans. 40.1.54 2,230 6,961
3,530
5,854
Charleston.
5,8£4
7,018
Savannah.. 4,587
2,431
6,514
Texas
1,339 3,215
773
1,187
2,825
Wilmington 2,825
5.444
Norfolk....
5,444
3.227
Baltimore
3,227
7,947
Boston
7,947
2,000
Phlladelp'a
2,000
Total... 77.900

5,995

7,800

6,719

4,717

720

773 104,630

Below we give all news received to date of disasters
MiiTing oottOQ from United States ports, etc.:

to vessel*

..

.

uadch

18,

THE

wen.}

(;HR0NJ(JLE.

Elbr, atoamer (Oer.), WlUoserod, from New York, whioh anired at
Dreitif II, March 7, had tire nn board, and damatced her oarico.
RocaDAI.it, atnnmvr (Br.), relnnUliiKrarKii ut nnllfni, before reported.
A RIOT*-dorr, with 20 iiioii, iirtlred lit lliiltriix, .Mareh 7, from
Hnvnniinli, to ri^-alow llio I'lirRO of ileaDior Kochdalo (Ur.), from

C, for HotniMtinMil.
Canti.k, aioanirr (Hi), from New Orlnana for Bremen, put
Afirr »hr luiil oiMilnd at.d waa rondv to autl
Into flidtrux for pomI
that llinni waa n tun o(r her profor IlriMiii'ii It wn«
f*\nt Ih ihiw •!
p4-lti'r.
part of her t^HrKo to ralae hor
,
>kn lliit noctiHaary ivimlrn.
•Ut1lri<'ii11v out of tlio
n sua III Ter pocket Miirtlii Speeil,
MikRTtN 8rmi> -The Mi'inr
Ntriick :k HUitKoii Wwli
iiiK lit PleaaaDt lAiKlliif;, l.", mlli'H
-im hiiil 47 balca of eoitoii aboard.
bi'low fine niiifT, ail''
The boat t» owned In Mnni'liH. miil wiia valiind at $1 1,000.
TIUBlloaoitA, i>hi|i (Kr). ut Ilavii', froiii .New OileaiiH, before reported,
w»e dlfCc'Te'vi! to Im on llr<> in the fonihnld, nlitbt of Pobritarjr 26.
t^ho had dl^tohargeu the
It WU8 oxtluKiilKliod by lIooillnK the hiilil.
iialna cotton reiuiiluluff on
ffrcuter pan of her ear^o, iilMiiit
boaid when the lire waa dlHcovered. The reawl waa more or Irea
anliinerKPd
her deeka uiipeared to IM) allgbtly li^urud and the
foremast wuiiUl probably have to be reinored.
CttirU'ntoii. 8.

BOMBNi)

!i

!

^0

;

Cotton

frei^rhts

the

pa.<<t

m follows:

week hare been

325

BREADSTUFFS.
ratOAT. p. M., March 17, IMS.
market has been higher for the better gradet,
thoQgh some low grades of winter wheat brands have favored
buyers Hlightly. The bonineM for eiport here has been rather
moderatH, as a role, though shipments of fair magnitude are
being made from the mills direct to foreign ports. The export
transactions here latterly have been mainly for account of
the British Provinces rather than for Bogiand. The receipts,
however, have be^n liberal, and mainly of the better grades of

The

floar

spring, while the patents of this description, it
to a considerable extent of donbtfnl quality; the

Tu-day the market was quiet but steady.

The wheat marlcet, with few interruptions, has moved
steadily upward during the week, the Chicago market being

Uverpool, ateam tl.

Do
0<>

aatl...(f.

steam

r.

aall

c.

Bremen, ateam.

the principal impelling force, as the speculative manenvers
that point are apparently taking a wider range every week.
The shorts there have " covered " their contracts for April to
some extent of late, and higher and excited markets have been
the rale, the report that the Western clique are endeavoring to
" corner " the May and June deliveries adding to the uneasi-

.c.

Do
sail
t.
Bamburx, ateam.d.

Do

aail.-.d.

Amat'd'm, ateam.c.

Do
Do
'

e.

Compressed.

—

Liverpool. By cable from Liverpool, we have the following!;
•tatement of the week's sales, stocks. &o., at that port:
Feb. 24.

Sales of the week

MeK.

01.000
3,700

4:2.000

44.000
G.200
13,000
731,000
527,000
63.000
52,000
430,000
217,000

•2.500

3.600

Ttorwarded

.">,.';oo

Vatalatocl' -iu<tlmat<Ml
Of whl:,^ A :icrleau— Eattm'i)
Total liLiM/rt of tuo week

Of whicn American
'Amtmnt adOHt
or which Aiuet1u»n.

Tf.'.OOO

520.000
102.000
76,000
S'Jl.OOO

.......

3.

56,000
3,100
1,1S0

bales.

Of whioh eii>ort«r8 took
Of which speptilatom took..
Salea Aiuerieau
Actual export

•2():>.ooo

itch. 10.

17

ifcfc.

91,000
2,600
3.600
61,000
5,300
9,700
734,000

75,000
5,500
3,000
54,000
4,200
12.500
7.i7,000

542.000
106.000
es.ooo
423,000
203,000

."^35,000

103,000
61,000
431,000
216,000

The tone
—
ending March

of the Liverpool market for spots and f uturfts eaoh day of tlie
17. and Che dally oloslug prices of spot cotton, have

'^

as follows:

Saturday Uonday

Tuetday.

Wednes. Thursd'y.

Spot.

Actlre

Market,
12:30 p.M

Kalr

Harden '(.

and
flrmer.

domand
f roclr

Friday.

Dull

and

met

Steady.

Finn.

easier.

illd.Upl-d*.

liiiu

tuo.Url'ns
Sales
flpec.&exp.

611,0
6-8

«5L'i«

12,000
1,000

15.000
2,100

12,000
1,000

gnleter.

Steady.

Flat.

Flat.

Strong.

Quiet.

Steady.

Qntet.

Dull.

Flat.

Qntet.

Quiet.

6'li«

oV

U-s

8,000
1,000

6il,a
6^8

6ili.

12.000
1,000

12.000
1,000

Fututes.

Market,
;2:30r.v.

(
J

Market,
^p. «

)

(

The actual aale.1 of future-! at. Uvorpool for the same week are given
elow. Theae aalea are on the baKU of Uplands, Low Middling ol»u«r,
nnlusa othcrwiae stated.
Deiirery.

tf.

March

641^343,4

7

..

647„

Wheat—

Apr-May...
6»»i; May-June. .

64S,4

d,
..6>I«49<>0,,^

May-June

Mar-Anr.

Detirery.

6»o<4

April-May

6«m

July- Aug

en^^it^

June-July

Karoh

644,4

Mar.-Apr

MOHDAT.
Ma.yjnne ..6Ug4SS2o,

644^ June-July

Ane-Sept

..

Aug.-S«j>t.

.

A^«4 3M,{(
6»»M»68,^

6»5g.

Apr-May .. 64Tm«4Sm Joly-Ang
March

.

G**m 8ept.-Oct..
.648,4*4«,4
..BS-iMaSig^

Sept. -Oct..

Jtme-Jaly.. es'^^VM^^
Joly-Ang... 6<>M»«o,4

Mar.-Apr..

March

July-Aiig
Aug.-Sopt

. .

May-Jane

May-Juno

66l»i
o"«-4

8ept.-Oot._

Apr.-May

Jnly-Aug..

March

8ept.-Oct.

....6«C

6M«4

Aor.-May
Aug-Sept

..

eiiOg.

6S8„

6M„

«*««4®**64

6M,

Wedhhdat.
..-.641,
6«:,<ff40„,

...

Mar.'Apr.

Apr.-May

6*«^it4:
..64«,4948,^

May-June

6'*«A

March

6*0u Mar.-Apr
Apr.-May
641,. May-Jane

Sopt.-Oct.. .e4S,4»48°T

..

March

June-July ..esistS'Su

Mar.-Anr

640„
640,,

«49„
S*^e4

e4i,J

THUUDAT,
March

643u%"»( Aug.-8ept

Bfar.-Apr...«",4»44„.

8cpt.-Oct

Apr.-May 6^*t\'»**M.
May-June ..S»o„4#»3„
.

.

June-July ..6>4u3Mm

Joly-Aug

..

.

OAJm^'^u May-June
6»»n June-July
6«7m July-Aug

Apr.-May
May-June

.

June-July

848„9S0„ Aug.-Sept

6b>m
6>c„

648^

Mar.-Apr
Apr.-May

8ept.-Oct..

644,.

June-July
July-Aug
April-Mar

64a„

May-.Iinie ..^^ulti^ft
JuneJiily
6(8,4

July Aug.. .6«3Ma«»M
Au«.-6ept

7»M

.May-.tuii"
I

Hay -Jane
Apr.-May

June-July
Jnij-Aas

Ck>m meal—

We«tem, Ac
Branilywine.

Ruokw't
1

$1 15

91 40

Spring No. 2
125 ®131
Red winter
1 17 91 40
Red winter. No. 2 136laei37^

Oat«—
Mixed
White
No. 2 mixed
No. 2 white

6"^

71m

647„
6»7„
OA^M

8

0)9 7
1

25
75
7."^

a 5 75
70

3 S-.IS 360
3 6i>3 3 70

1909

2 35

50 9
52 •
50>4»
53Hl»

5t>«
66-9
....
....

1

Com,

SM,,

Ac

flour, 100 Ibfl.

."lOa

6 0.<3

25 91 35
BaileyCom— Wcat. mixed 70 9 76
Canada No 1..,. 110 9111
West. mix. No. 2.
74 "s* 7«
Canada bright... 111 91 12
Western yellow..
80 9 82
State, 4-rowed...
95 9100
Western white ...
81 9 86
State, 2-rowed...
00 9 95
Southern white..
82 9 95
Barley MaltSoul hem yellow.
72 9 75
Canada
lis 91 S5
Bye—Car lots.
87 9 90
State, 2-rowed...
97>«9102%
3ooat loads.
92 9 93
Stale, 4-rowed... 105 9112
tFrom the " !feu> Tork Produce Bxehanne Weekty.''^
Receipts of flour and grain at Western take and rive; ports
for the week ending tiarch 11, 1882:
Wliito

OhlcaffO

HUwaolMe.....

IMedo

eM^

4 li'9 4

flour, siipertlne..

bu*K.
(56 U«.)

640(,

S**,*
64»JJ

6
5

Kye

bmk.

64«„

6«s„ Ang.-Sapt
6«»m Apr.-May

family biands
South'u 8k ip'g extraa.

Wheai,

Apr.-.May

May-June

96

(e0J««.)

July-Anc

6»»,4

futents
City shipping extras.
^iithei n bakera' and

Flour,
MI*.

tfittA.

.6Hu*M,. Jane-July

50
4 25
.5 00
7 60
6 30
7 00
5 00
7 50
4

(196<»(.)

FsniAT.

March

3 75

6«tft4

61^3^

7

3.50

OB'Ani.

.per

TtTESOAT.
Ang.-Sept
7«6««e4

644,^

Mar.-Apr
Apr.-May

8«0|j4l

d.

Sept.-Oet

..B<l,4a»J„4
A4>r.-.d.iy
B*»«4
'ffiie^^u^^

Jiiiip-July..

receipts of

very

No. 2 «prln!;...V bbl. *2 ^7^1^
3 OOa
No. 2 winter
4 00 «
Winter siipei-Hiie
Spring siipeitiiie
3 70*
Spring wliiiat exlnu.. 4 5J9
do X.Xau.lXXX... 5 00»
Wis. & .Miin- r.veiiiiT. 5 7.ja
Minn, cleiir and Btra't 5 609
Winter alilpp'g extras. 4 50»
do XXandXXX... 9 509

8ATURDAT.
Drttver'y.

wheat at the great Western
moderate.
In addition to these
inllaences so favorable to holders, the advices of an advance in
London, the large gain in specie by the Bank of England and
the increasing easiness of money on the Continent, have not
failed to have a certain effect.
A false report of complications
between Germany and Russia had only a momentary effect. Today was fairly active at an advance of 3^ to %a.; a feature was
the sale of several loads of No. 2 New York spring for eiport
at $1 25(@$l 28 ; No. 2 red for April sold at ?1 36©$1 37, and
for May at f 1 35?4@fl 38MIndian com has advanced materially.
The statistical
position is favorably regarded by many, the movement eastward being small, and the supply here quite moderate. Others
again assert that the surplus in farmers' hands is larger than
has generally been supposed, and that the apparent decrea.se
in the visible supply at Chicago, latterly noticeable, was caused
by a trick of the clique there, which chartered vessels at the
lake ports, and took the corn of store so that the real state of
the case would not be known until navigation opened and the
increased supply at Buffalo told the story. To-day the market
was q liet, at a slight advante ; No. 2 mixed sold at 74%c.
for April, and 75%c. for May.
Rye ha.s been irregular, at one time weak, but latterly more
steady. Barley has been quiet at a slight declin •. but closes
firmer.
Oats have been in fair demand and higher; to-day
prices were lowerfor mixed, with a fair bn^ness on the basis
of 50)ac. for No. 2 ou the spot, while optiont of this grade sold
at 50^c. for March, 50Vic. for April, and 49M®-'>0c. for May.
The following are closing quotations :
markets have been

ri.

sail

The

ness of the shorts.

taU...<f.

BalUo, steam

asserted, ara

extras are plenty and slow of sale. In fact the receipts of floor
here have been ho large within a week that Brooklyn warehouses, not ordinarily used for this purpose, have been called
into requisition.

fl,tTre.

is

common spring

Detroit

Cleveland
at. Louis
Peoria

40.075
46,710
120
3,984
3,213
30.159
1,420

60 02S

OalM,
Barley,
bu»h.
hwA.
(32(to.)(48tt«.)

Rye,
buMk.

(WIUJ

163.705
169,000

285,191 85,888 16,294
36,280 61.950
5,750
1,968
2,100
3.813
0,680
33.700
4,779
50O
59,411
5,801
5,790
87,350 14.300 34.4SO

267,475 601,090
551,999 1,50», 179

499,313 181,494 SS,71«
84«,92i 70,354 87,02«>

-|^'5
10.666
18,050
85.687
6,350

216,961
63.530
58,272
11,522
8,.V)0

Duluth
Total

Same time

'SI.

129,684
94,215

.

:

THE CHRONICLE.

326

Total receipts at same porta from Dec 26, 1881, to March 11,
compared with the previous three yaars :

1882, as

1881-82.
1,677,927

1880-81.
1,023,786

1879-80.
1,077.8S1

1878-79.
1.247,477

7,239,752
18,665.339
7,507.146
2,979.305
552,092

6,695,712
14.154,418

377,970

8,416.158
25,577,506
3,962,391
1,435.124
493,522

12.710,306
14,989,575
4,123.381
1,458,809
623,473

TotaUraln.... 36,943,654

29,157,335

39,884,701

33,904,601

Floor

bbls.

Wheat

bnsli.

Oom

Oats
Barley

Eye

5,672,0ti4

2,257,171

Comparative receipts (crop movement) at same ports from
August 1, 1881, to March 11, 1882. as compared with the previous three years
Flour

bbl8.

Wheat

hush.

Com
OaM

:

1881-82.
5,163,726

1880-81.
5,289,918

1879-80.
4,276,355

1878-79
4,096,833

32,244,333
77,697,414
23,322,631
10,301,004
3,216,487

59.892.553
74.943,326
26,801,569
10,144,993
2,839.776

66.712,161
67.268,036
17,383,646
9,287,868
3,316,203

68,799,170
53,035.970
20.984.363
8,500,045
1,579,816

[Vol.

XTSav.

been mostly governed by actual wants. Atlantic sheetings
were reduced about )ic. per yard, and some of the lighter
goods were closed out, and subsequently placed " at value.'
Print cloths were more active at the manufacturing centres at
slightly improved prices, closing firm at 3 ll-16c. plus 1 per
cent offered for 64x64s, and 3M@3 5-16c. for 56x60s. Prints
remain quiet aside from a few of the most popular makes, in
which there was a fair business, and the outlook is so discouraging in this branch of the trade that a large curtailment of

production has already taken place. Ginghams were sluggish
in first hands, and there was very little animation in cotton
dress goods, but white goods, quilts, hosiery and knit underwear continued to move with considerable freedom at steady
prices.

Domestic Wooleji Goods.— The general demand for men'swear woolens has been less active as regards personal selecTotal Kraln.... 146,781,869 174.822.219 163,969,919 154,919,964 tions, but a fair business was done by traveling salesmen, and
Comparative shipments of flour and grain from the same there was a good steady movement in execution of former
ports from Dec. 26, 1881, to March 11, 1882, inclusive, for four orders.
The best makes of heavy cassimeres, cheviots and
years:
1878-79. worsted coatings are largely sold to arrive, as are several
1880-81.
1879-80.
1881-82.
1,649,215
1,338.425 makes of union and cotton-warp cassimeres, and values are
869,218
1,561,672
bbla.
Floor
5.637,549 firmly maintained at opening quotations. Fur beavers and
2,906,363
2,384,310
3,565,963
Wheat.. ...bush.
7,3-!4.923
8,342,914
13,111,174
13,609,156
Oom
are also under the control of orders
2,734,743 fancy-back overcoatings
5,096,888
2,510,912
5,896,353
Cats
1,001,825 for some time to come, and altogether the condition of the
1,286,668
732.811
1,215,725
Barley
460,135
356,184
273,826
552,445
Bye....
market for clothing woolens is very satisfactory. Cloakings
18,293,018
19.095,391
17,032,866 were less a«tive in demand, but agents are liberally supplied
Xotal (train.... 24,839,642
Kail shipments from Western lake and river ports for the with orders for future delivery.
Satinets were somewhat
weeks ended
quiet, and the demand for Kentucky jeans was light and dis1881,
3 880.
1879.
1882.
Week
Week
Week
Week
appointing but there was a fair business in dress flannels,
Mar. 12.
Mar. 14.
Mar. 15.
Mar. 11.
120,965
148,179
113,996
114,784
carpets and certain styles of worsted dress fabrics.
bbls.
Tlonr
FoEEioif Dry Goods have received a fair share of attention ia
239,114
664,830
301,311
383,194
hush.
Wheat
774,422 first hands (though the volume of business was hardly up to
653,750
990,375 1,741,181
Oom
422,523
366,366
330,077
356,836
Oats
115.023 expectations) and the jobbing trade was moderately active.
47,733
84,496
89,816
Barley
30.222
30,999
47.088
27,345
Bye...
Black, colored and fancy silks, merveilleui, moires, etc., were in
1,458,331
1,649,551 2,593,052 2,007,797 steady request at unchanged prices, but slight concessions were
Tot^...
The Visible supply of grain, comprising the stocks in granary made on certain grades of satin de Lyon. Dress goods have
at the principal points of accumulation at lake and seaboard
done fairly well, and there was a steady call for moderate-sized
ports, and in transit by rail and water, March 11, 1882, was as
Barley
Bye...

.

;

Wheat,

In store at—

hush.

Hew York

Do. afloat

(eet.)

Albany
Buffalo
Chioa«ro

Duluth.
Toledo
Detroit

Oswego

Indianapolis
Kansas City

Baltimore

Down Mississippi.
On rail

bxish.

Oats,

bush.

2,507,169

322,372

480,000
12,000
311,084

300,000
62.000
30,844
5,348,874
21,831

17.500
2,725
678,741
8,923

703,633
52,220
352.985
73,833
84.456
8,794
238,100
206,920
1,089.114
21.739
417,311

Louis
Boston
Toronto
Montreal
PhUadelphla
Peoria
Bt.

Corn,

3,097,509

3,743,018
1,613,338
732,279
677,172
571,843
65,000

Milwaukee

445,256
18.422
115,000
1,455.523
430,331
54,015
209,561
232,898
123,700
83,135
531,397
98,127
821,070

4,395
10,428

31,345
89,381
6,223
77,561
115,000
163.588
61.100
29,813

Barley,
hush.

Rye,
hush.

37,252
110,000
93,000
159,729
252,167
245,134

96.818
54.000
100.500
3,077
420.515
103,554

10,000
5,737
400,000
112.564
10,429
230.486
19,054

10,080

7,118
8,253

84,707
16,600
5,614

103,960

49,588

90,201
2,137
15,774
38,541

laces.

Importations of Dry Good*.
The importations of dry goods at this port for the week'
ending March 16, 1882, and since January 1, and the same facts
for the corresponding periods of 1881, are as follows:

O

P

of
§:

f

:

:

i

p.

12; 290

391,300

Tot. Mar. 11,'82.. 14,452,348 12,928,173 2,022,885 1,869,803 1,091,706

Do,
~
Do.
Do.
Do.
D9.

and white goods, Hamburg embroideries and
Men's-wear woolens were in moderate request, and there
was a fair business in hosiery and kid and fabric gloves. The
auction rooms presented no features of special interest, and
few of the sales resulted satisfactorily.
of linen

lots

loUows:

Mar. 4, '82... 16,118,519 14,200,219 2,283,241 2,348.300
"" .17,045,992 15,630,329 2,412,223 2,280.407
~" '82.
25,
~
Feb.
Feb. 18, '82. 17,800,344 17.215,243 2.811,383 2.544.944
Feb. 11, '82.. 18,134,223 17,887.770 2.933,208 2,071,880
Mar. 12, '81. 23,383,090 14,757,934 3,464,088 2,462.049
"

.

.

.

1,100.086
1,110,817
1,145.309
1,167,792
650,091

aw w
"io'h

H-4-

K)

,1^

M

(b.

OOCXOC

01
CO

W-MIO
cx cc

THE DRY GOODS TRADE.

Cl 03

cji

ff.

COM
at

o M CO ui

ta
MM
ti CS CD CS
MO C

M M — QD O
coc;toc;a"
IX tC M — CD
K k; c; o: **

o; CO

CitO

Ob»MC0O
MMOiXOD
OS o- c ^ to

orf^cs'— "i*

00 lO

OSM
rf-M
<-o
<jai

CO

ooDWt;'!**'

p^-pODO

CSMObtC

t3MlD» CO

It-

CSOIWMO

C'*.ooc:,c.

ppM*-CH«i

M
10 M M
Ma
ca—w

Feidat, p. M., March 17, 1882.

There was only a moderate movement ia dry goods the past
week as regards the distribution from first hands, but a fairly
satisfactory business was done in the jobbing branches of the
trade. Accounts from the South and Southwest were some
what disquieting, the recent floods in those sections of the
country having rendered buyers exceedingly cautious; but distributors in nearly all other markets are operating with seeming
oonfidence in a good, healthy spring trade. The cotton goods

market was slightly irregular in the early part of the week
owing to a decline in Atlantic sheetings, bat later on there was
an Improved undertone, 'the upward tendency of the staple
lutving contributed to this result. Domestic woolen goods were
less active, but prices continued firm, and there was a fair if
not wholly satisfactory movement in imported fabrics.
Domestic Cotton Goods.—The exports of cotton goods from
this market during the week end^g March 14 comprised 2,402
packages, mcludlng 1,132 to China, 475 to Great Britain, 232 to
Brazil, 212 to U. S. of Colombia, 83 to Mexico, 73 to Central
America, &c. Plain and colored cottons were in moderate
demand at first hands, but no special degree of activity was
noticed in any particular class of goods, transactions having
,

00 10

—
O ts CO

CJ',^«0t3
CT to

CD^SSOiOD
CJOD

wen
ODW

C tc

MM
MOD

ODOS

in -g ;o
C5
w to
o m o Ci "^ !

0:d
coat
O&J

'.C

rf=.

H»OMMO
CO O'
C
»f>-

0S0S**MO

a<M

C3
g ^ g. CO
1^ CO

CO

rOM

C' OCO' coo

toai'xcDO

M Mo

*.
^1 ;d
to #- "^ CD

Mto!
1-»

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It*

Ot

M 03 *-

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•MX

OP

o

(UCCif^OiO
CO

ic^

UtOSCS**©

X tS M M

ilH£)

c: at
o 5C
-o
(-.

tOWMtOM

OjCO

.- at to X) OS

vat

MO

Mt0i(*'O;M

00 'O

tOM«;^#*
COXO^IOI
tco-JWi*

tOpt-pUOD

tobxa'M
MCOmOO
OJtUMMM
pptO_F-M

xwaoootcD
CXfCDWMC:

MW
MM

I?

C:#.Mi**Mf6

i»>-CD

pit

CO at CO

(^C5>t-0*^

to CO

CO

00 at

a« OS

MIOWMCO

ores

MfcOMMOt

oocou
w
>i ta ^

pf»

(*»00<X'WO'€©

cot
CDiKQOaCO

(KM

o

"toaD"ifc'mco

•^1

a-cxi

coco

>-

}-ii-^

—

"iooslDM'rO
CD C.

M X GD

tCXMCDM

Xm — OCS^
yotppju
«kCoxw*:D
O CS "i c
-•.

K,«5

:

:

MAitCR

:

Bank

Slatoment*.

TIIF. CONDITIUV <M
KKPIIIIT OK
"nAtiosai, bank
in.l

111

Now

Slali'i't

llii'

lies Maioli

Vvrk, Bl

lliu

ItUOKHCM.

|8.'^in.M» Al

Loitnn And dlacount
-traftn
otidM to secure i^lronlttt Inn

]

4;l

tttiMtoH.

I

I

nkS.

'

I

'iink-> iin.i hiinkom.
nUiiru UTi'l tlxtiiro!*..
••A nnil tnXL'H pikltl.

Htookii, bonds and
'Mil utliiT iiiitliinill

•i:

lluuao

note*,

JFmptlnn fund with V. 8. Trawurneoct
er(ft perc«ntu( olrculatlon)

ToUl

CMtaJ

ao
00

iiKi.iKi
IttU.lHO

Spael*

a.Mo 00

4,87»JW

UABIUTIM.

40

W92'5!5 95
lOO.OOOOO

stock paid In

farplusfund

<M.m

UniflTldod prollts
National bank nnti-s outstanding

*»

'"iS!^ S9

...

....^MjOO

Individual dti|Hmlis subject to check.
deposit

8,aMJI» 0*

OlTldonds unintKl
cvrtlHcatvs uf
Smand
itlaed checks
Ihler's check.*

outstanding

Doeto other national banks
Due to SUte banks and banktra

*B|,U(7
l»*,!fl
lSI.8tl
S3a,948

04
55
07
84

UU.IIO

51i

»l,87«.gl6 4«

Total
State of

New York. County of Now Y'ork. ««
the hIhitc. named
1. Jiiiix I), l-'i.sii. Cu-Hlilor of
bank, ilu s.iUMiiiily i»wf'iir that the ubnvo utatement
la true to the beat of uiy knowledge ami belief.
,

JOHN

Cashier.

KI.-<I1.

I).

SobaerlbM and sworn to before methi<« Ittth day
IIehman K. Mthekt.
Of March. 1883.
Notary
Comet— Attest
AMBROSE SNOW.

AMA8A

JOS. W.

Public. Kings Co.
)

H. SCOVILLB.

YATES,

J

Directors.

House

irlDg

I—

1.004 as

pvniil

Mpdtflnder

900.000 no
108.801 !W
718.088 88
IH,84I Ot
eA7,ni8 on
89.0WI on
81.180 00
08.770 :«

murtgagta..

iishltems

ns.ni 00
K-ncr.Dlckelaiuid

M

14,784.891

ToUl

4,881 13
3.741,818 00

007.808 00
40,800 00

00
00
60
00
U6
09
88
78
94

tS.800,000
840.000
078,487
810,000
19,203
0.188.010
00.144
12,3e8J>75
9,187
.,
0,800.004
800,008

Demand crtlfleates of deposit
Cert Irtftil checks
Cashier's ehecks outstanding
Due to othor nutionitl banks
Due to Slate bunks and bankers

81

96

Total
137,486,693 07
Slate of New York, County of New York <s :
I, ANTBovy Lanb. Cashier of the above nsmed
bank, do solemly swear that the above statement
is true, to the best of hit kiiuwledxe and belief.
Lank, lashlcr.
Subscribed and sworn to before mc, this 10th day

ANIHONV

of March, 1888.
Correct— Attest

D. G.

Kannino.

No ary Public.
JOHN H. INMAN, )
BPBT. W. STUAiIt, I Direotors.
FBKDK. Ml AD.

KPOBT OF THE CONDITION OF THE KEPORT OF THE CONDITION OF THE
AMKRICAN E.\C1IAN<;K. NATIONAI.,
MEBC.4NTILE NATIONAL BANK
BANK, at .New York, in the late nf New V.rk at
H.M03M

4S
8,mT 74
886,000 00

Orerdrafts
U. 8. bonds to secure olronlatlon
Other stocks, bonds and mortgages
Due from other National banks
Due from State banks and bankers
K«al estate, furniture aad Sztores
Current expenses and taxes paid

88>I0 14
821.480
19.418
21S.90S
33JS04
86.418
IMV10
408,788

Premlumsuuld

Checks and other cash it ems
Kichances for Clearing Uoiua
Bills of other banks

19
ft7

47
S8

M

SO
48
14348 00
l^IsSra 78
884,«eo 00

Specie
Ltgal-tender notes
HMemptlon fund with U. 8. Treasurer
(8 percent of circulation!
Due from 17. 8. Treasurer other than
8 per cent redemption fund

40,000 00
1.000 00

Total

$8.007 884 88

LIABILiniS.
CaplUI Stock paid

fl.OOO.OOO
144.800
111,788
800,000

00
00
87
OO
840 00

In

Surplus
surpi
fund.
L'ndlTlded pronts
National bank notes outstanding
Dividends unpaid
Individual deposits subject to check
Demand certincotes of deposit
Cert lOed checks
Cashier's checks outstanding
Due to other National banks
Due to SUte banks and bankers

1.924,048
8,082
141,740
128,408
,
8,884,148

18
74
31

68
89
1390.»7B 93

Total
$8,007,864 88
8ta*.e of New York. County of New York, u
I, William P. St. John, Cashier of the abovenased bank, do solemnly swear that the above
statement Is true to the best of my knowledge and
belief.
WM. P. ST. SOUS, Cashier.
Sibaerlbed and sworn to before me this 10th day of
March. 1888.
K. A. K. Bkya.v,
C >rreot-Attest
Notary Public. N. Y. (bounty.
:

the close of business, on thu

KM. LEHMAN.

1

)

-

V

B. bonds on hand (par value)
Other stocks, bunds and mortgages
Due from other national banks
Due from State and private banks and
ban kers
Other real estate
Current expenses and taxes paid
rhecks and other cash items
. .

Kxchangi'S for Clearing
Bills of ..ther

the statu

.

if

.New lurK, at the

11. 18S8:

Loans and discounts
Overdrafts

U.S. bonds to secure drenlatlon
other stocks, bonds and mortgages....
Due from other national banks
Due from State benka and bankers....
Real eetale
Current expenses and taxes paid
Kzchanges for aeartng House
Bills of other banks
(Tactlonal paper oarreney. nlckeU and

$0.0401(8 81
30 <jg
00.000 00
371,060 10
6o;,4S8 83
4,884 08

W
32,708 48
70,84ft

984,410 18

9461 00

-"2"

406,01100

$8344.8«8«

Capital stock paid In

Due

200.000 00

'

checks outstanding

to other national banks
Btt* to SUte banks and bankers

Totar

awe.

s
.

,*:.'
.""f"
'"""'-

_,»_,.

.

k.

;

00

$1.0(10.080

S^irolus fund
I n.llvlded proBts

Ctianlyof

New

78

lan.lllS
.

1.021.88? 88
10,068 87
3f<l 179 98

08

$8.at4,81B«»
Y'ork, sf

WM

Notary Public. N.T. County.
A nooTU.
)

PAIIKKK HANDY, /Director*.
CHAULKSLANIK^,)

Capital Stock,
• 1,000,000
SOUND INVESTMENT SECURl'HES fumlahad
to Corporate

and Private Inveatora.

CAPITAL FURNISHED OR PROCURED for
Railroad Companlea having Ilnea under conatmc*
tlon, and their Bonds purchased or negotiated.
FINANCIAL NEGOTIATIONS conducted
Counties. Towns and Cities, and for Railroad
panies and other Corporation*.

Individual deposits subject to check.
Demand certificates of deposit
Certified che"k>

Due to other national banks
Due to state and private banks and
bankers

WILL CONDUCT THE FINANCIAL BK-OB>
ANIZATION

of Railroad Compan'ea and other
orposatlons whose property la In the hands of
Beoelvers or Trustees.

WILL BUT AND SELL INVESTMENT 8KCCB1T1B8 on Commisilon.

WILL BUY OR SELL DEFAULTED BONDS Or
convert them Into interest-paying investments.
Circular* and other information furnished on application.

JOHN C. SHORT, Preeldent.
JOHN C. NEW, Tlce-Prealdent.
WM. P. "WATSON, Scc>y and Treaa.

$0,000,000
1.280,000
412,494
6,817
11,810
9,023,879
98,000
1,800,974
3,249,186

00
00
00
00
00
17
60
33
86

INTESTHENT SECURITIES.
An

assortment

ADDRESS:

Bxebsnife National Bunk of .New Ynrk. in the State
of New Terk, do solemnly swear that the above
statement la true to tlie best of my knowledge and

DUMONT CLARKE,

belief.

A.

Correct.— Attest
S.

D.

98

BABCOCK,

OEOUO.', RL18S.

J.

MARTIN BATES,

Financial.
CItr&Ton-n liondaot Weet.State*.
OM Land Orant Bonds.
A Western HK. Stock.
A Pacific RK. Honda.

/Wl8con.<ln Central IIK.

City of St. Joseph Mo.. Old Bonds.
Intenuitlonal Improvement Co. Subacrlptlona.
Brooklyn Klevated RK. Securities.
American Cable Co. Subscriptions.
Midland Railroad of N. J. Securttte*.
Gbleago & tirand Trunk KR. Securltiea.
South Carolina UK Seenrilies.
Oiand Rapid* A Indiana UK. Stock.
Cincinnati Richmond & Kurt Wayne .^toek.

riONNECTlCCT TELEPHONE

CO.

(took.
7b,

lool* Keokuk A Nortliweet. R'way SecaritlM

Clay County,

HI., 7*. defaulted,

SAHUEL H. IIARROW»
38

BBOAD STREKT

aad

NASSAU STREET,
CO.

Mortnge Per Cent Bonds.
Brooklyn Oaail(ht Companr Slock.
Union Ferry Company Stock.
Nassau Gaallsht Company 9 Per Cent Oertlilcate*.
Brooklyn and New Tork Bond*.
Bank, Inaorance, and other Lowl Stock*.
Bon«ht and Sold by

FRANK

16 Court

St.,

B.

BEERS,

Brooklyn. 31 Fine

WM.
SI

7», defaollod.

St. Louis Subscription,
other quotable Construction Stock*.

Flrat and only

A New London Railroad etook,
Eansae City St. Loula A Chicago Railroad com-

Donipban County, Kan.,

DEALER IN

BROOKLYN CITY RAILROAD

Sprlngneld

St.

STANTON,

S.

BASEMENT.

Company atook.
New England Rolling Stoek Company stock,

mortgage

Co.,

New York, Chicago A

Bridgeport RolliDg Stock

Laineille Ist

&

BROADWAI, NBW YORK.

17

STOCK,

Jt

Beasley

American Cable Construction Company,
Continental Construction and Improvement Co.,
North River Construction Company,
Ohio Central Subscriptions,
Richmond A Went l*t. Terminal A W'housing Co.
all

Benght bv W.ll. K. CTLEV,
No. 31 PINE 8TUBKT, NEW YORK

Burlington

W.

Cashier.

Sworn to and subscribed before me this lith day
ot March, 1882. Witness my hand and notarial seal.
A. R. RoiiaiRS. Notary Public.

mon

bonds

Ciorrespondence solicited.

$22JS93,2lF5

Joseph
Joseph

desiiable

1,731,888 86

„. Total

floontr,

of

alwajB in hand

SUueof New York, CityandCounlyof New York.ss:
I. DrMONT Clarke. Cashier of
the American

St.
8t.

for

Com-

31,000 00

DEALT IS BT

t.na*etr-Atl«sl

ST., NEW YOKK,
LIBUAKY ST.. FHIf.ADBLPHIA,
PORTLAND BLOCK, CIIICAUO.

$28,093,218 88

;

vo». Cashier of the above-named
nwearthat the ab.ive statement
-">" of my knowledge and belief.
U. L. HCTCIil.StJS. Caahlar.
^
..
!

5*7 NA8HAU
434

632,000 00

Undivided profits
Statebank circulation outstanding....
Dividends unpaid

4,320.906 84

7I4M8

FINANCE COMP'Y,

2,424,201 04

LIABILITIIS.
stock paid In
Surplus fund

80

0.1.849

AMERICAN

Feb-

„
Capital

100 00

To*^

(.ashler's

88 080 61
687,067
__..
48
.„
3,808,978 07
300,436 00

703.48* 00

T?™.*:"V
Legal-tender
notes
Une from L.S. Treasurer other than
per cent redemption f and

Certified checks

214,888 81
349.032 24

House

Total

1.086 08

Individual deposit* subject to check..
Demand certificates of deposit

00

00,1100

80,012 08
916,891 48

.

Legal tender notes
Due from U. S. Treasurer (oi her than
Oper cent of redemption fund). .. .

llltUITV

111

March

186:^-

$13,208,909 01
8,219 02

banks

Sliver treasury certificates (Act
, mary'JS, 1878)

OF TIIF. CONDITION OK THE
REPORT
Tllllin NATION.VL HANK iiF
ok .Ntw lOilK,

Ith day of March.

Overdriift;

KBNRYT. KNEELAND.f Director*.

close of business

1

KXSOURCKa.
Loans
and discounts
"

:

ISAAC WaLLA<;H,

Frederic Cromwell.
WM. R. BUWKBB. Se cretary.

837,488,888 07

"R

RISOCBCX8.
Loans and dlsconnta

Wm. B. Kendall, Henry Sanger, Alex. MoCne.
John P. Rolfe,
Chaa.K. Marvin. A. A. Uiw.
IB. r. Knowlton, Abm. B.Baylis. Henry K. Sheldon,
H, K. Pinrreponl, Dan'IChauncey. John T..Miirtln.
Alex. M. White. Joslah O. I.,ow. Kdmund W.CorUee

LIABILITIU.
CaplUI stock paid In,
Surplus fund
DndlTlded pronts
National bank notes outstanding
Dividends unpaid...^
Indlvldiint deposits sublect to check

N. T.

inlnlatralnr.
It can aet ac agent In the aale or managament of
real estate, oolleet Interest or dividends, reoelva
reirlstry and transfer b<M>ks, or make pnrcnaae ana
•ale of Oovemment and other seourltles.
Kellglous and etaantabia Institutions, and penoae
onaocnstomed to the transaction of fanslnass, will
nnd this Company a safe and cftnvenlent depository
for money.
CTIAB. K.
VIoe-Prea't.

Kructluuul yu;jcr currency, nickels and

pennies
Specie
Ifisgal tendernotes
Redemption fund with U.8. Treasurer
(8 per cent of circulation)

A Clinton st«., Brrwklyn,

This Company la authorized byapaclal charter to
sot as raoeWer, truat**, gnardlan eieoator. or ad>

MAHVIN.
TRUSTRBS

18,800 00

Iss

\

at New York, in the State of New York, at the
close of business March II, 1888:

Cor.of Montagu*

:

HA>0 03

rt> and Bxtarei...
aid taxes paid. ..

IttMud

18A«

115,794 813 41

bunkn
oiknnnd bankers...

.

.•„>.])

,

II,

,

ttlon

-

l>.h

The Brooklyn Trust Co.

thoHI«t«of

i|

ifl lk^..'

financial.

>'vw Yurk, >l tuu clou* uf bailneH March

I

I^«i>!>i»n<l'II«p.>iinl»

Statement!.

RKPOHTOFTIIK
CONDITION OF TBS
KOI KTII NATIONAL BANK «tt THB
ilTY iiv NKW ViillK.
Now YurH.ln

i!

drr-'-'
I!

IK

I'!

IHW:

II.

:

THE (mRONlCLE.

18, 186S.J

Bank

..

C.

St..

New Turk.

NOYES,

NASSAU STREET,
DBALIB

NEW YORK,

U

GAS STOCKS A.\D BO.\DS,
TELEVKAFH STOCKS,
TRDST COMPANTS* STOCKS,
CitjandoUier Railroad Stocks ABoads
AKS
U8CU.I<ANKOC8 SIOCRITISS,

:

THE UHKONICLE.
FlnanciaL

Financial.

iBonds of B^uretysliip.
FIDELITY & CASUAI.TY CO.
OF

NEW

XOSK.

.„,,„,,.^
tS75.oue 00
260O00 0O
S?plt«rinVe3ted In U. 8. Bonds
lOO.UW OU
On deposit with Insurance Department..
omcTals of Banks. Kuilroads and Tninsp rtatlon
Conpanics. Manauors. Secretaries and Clerks or
Pubfio Uompanlep. Institutions and Commerc al
firms, can obtain security from this Company at
moderate chariics.
Theboniisof this Company are accepted by the
A,,B|:,

courts of the Stati of New
Full Inlormatlon as to details, rates, *c., can Be
ohtalned on application to head otnce, 1»7 Broad-

BANKERS,

M. BicnAHDS. Prest. .Tohn M. Cranb, Seo'y.
W. HAltvBY LEE, Inspector.
DiBECTont^George T. Hope.G. o. VVllIlams, Geo.

'wi'.

B. Coe, Charles Dennis, J. S. T. Stranahan, A. B.
Hull, A. 8. Barnes. S. B. Chittenden, H. A. Hurlbut
W. G. Low. David Dow«. J. D. Vermllye, Alex.

Member of N.

Foote,
STREET,

No. 13 IVALI.

AND SBLL
QOYEBNMKNT BONDS, STOCKS AND MISCBL*
LANBOnS 8 BCCB1T1B8.
Birr

Joseph

Member of N. Y. Stock Bzch'gc

WALL STREET,

Buy and

McKban

C.

& McKean,

Lloyd
34

w.

Lloyd.

p.

NEIV TORK.

commission—GoTernment, Rail

sell—on

BHOWN.
HERBERT

H.

M. Richards.

PRED. A. BROWN.

P.

.

BANKERS,

FOB

OFFICERS AND EMPLOYEES HOLDING POSITIONS OF TRUST.

The OKarantee

Co.

SPaCIAL ATTENTION GIVBN TO TUK .NEGO.
TIATION OF

RAILR0.4D SECURITIES.

OF NORTH AMERICA.

Taintor

870,000
320i000
200,000

Caah capital
Cash assets orer
Deposit at Albany

General Manager:

President
Sib Alex. T. Ualt.

Pine Mroet, NeHr ITork.

11

&

YORK orrioE:
WILLIAM STICEET.

jTEir

No. 4T
Where all lnf'>rraation and forms may be obtained,
or from the Uead Oitice, Montreal, Canada.
The business of this Company la solely that of
O ua rantee.
.\ » L. I 8 U E D
G »
1864.

Exchange.

Interest allowed on dally balances.
Particular attention paid to orders by mall or telegraph.

Buttrick & EUiman,
BANKERS AND RROKERS,
Nos. 3T

& Co.

F3enedict

BROAD ST., NEW YORK,
Si04'.i«^ Ai\I> BOXDS,

allowed on

GOTERNMENT, MUNICIPAL and

Private telegraph wires to Providence and Boston

TAINTOR.

GEO. H.

BOUGHT AND SOLD ON COMMISSION

Buttrick, MemberoftheN.Y. Stock Exoh ge

P.

W.

Gallaudet

WALL

STREET,

H. B. Bacon

Clare.

S.

&

Clark

NEW YORK.

3 Pine Street, NeTv York.
Buy and sell on commission all Securities dealt in
New
the
York Stock and the New York Mining
Exchanges. Deposits received and interest allowed

on balances.

N. T. Beers,

No.

NEW STREET,

1

NEW

SECVRITIKS,

YORK.

&

Olliffe
Schmidt,
BROADWAY & No. 13 NEW ST.,
BROKERS FOR THE PURCHASE AND
SALE OF RAILROAD SECURITIES.
CORNELIUS W. OLLIFFE,

SEE OAS QUOTATIONS IN THIS PAPER.

EDMUND

Indianapolis

&

St.

Louis

:

C.
8

&

Hudson

I.

Interest allowed on deposits.
Investments carefully attended

Co.,

I.

Member

at

Ht'DsoN,

the
T.

u

N.Y. Stock hich.

Ww W.

New

Howard

Curtis.

No.

5

WALL STREET,

C. E. Jackson
Buy and

Co.,

RAILROAD SECURITIES
all

for the past 10 Tearsi

A SPECIALTY.

'

Inyeators or Dealers wishing to bay or sell are
Invited to communicate.
State, Municipal and
Bonds and Coupons bought and sold at best
iy'y'y
unrKet Kates.

Randall

&

Government, State, Municipal and
Railroad Bonds and Stocks. Investments for Savings Banks a specialty. Correspondence solicited.

Otto C w^riiimw

Gilman, Son
63

&

O.

Co.,

BANKERS,
CEDAR STREET.

in addition to a General Banking Business, bry

and

sell

Government Bonds and Investment

r^eourl.

William Robison,
Members of the N, T. Stock Exchange.

Floyd-Jones

&

Robison,

BANKERS AND BROKERS,
No. a

EXCHANGE COURT.

Bonds and all Investment Securities
bought and sold [strictly on commission] for caob
or on margin.
Stocks,

Wm.

B.

Kendall.

J. P. WINTRINGHAM,
GAS, INSURANCE, BANK STOCKS, &o.
SECOBITIES BOCTOHT AT THE ACCTION BALES.

No. 36

PINE STREET,

NEW

Lansdale

Wierum,

."50
EXCHANGE PLACE,
Brokers in Railroad Stocks and Bonds,
aorBIttfilENTS <t FOREIGN EXOHANQE.

CnAB. K. Randall,

BANKERS AND BROKERS,

WM. D. HATCH,
Member N. Y. Stock Exch.

BUOAD 8TUKET, XEW YORK.

O.:

74 BROADWAY, NEW YORK.
WEST THIRD ST., CINCINNATI,

sell

Fred H. Smith,

(An Intimate knowledge of

CINCINNATI,

W. P. THOMAS.
W. M. WILSHIRE.

Ex.

W. C. Flotd-Jonks

&

BANKER AND BROKER,
No. 20

N. Y. Stock Exchange

:

ties.

miDDLETOTTN, CONN.,

and Attorney.

Practices In the District Cli iuit and Supreme
Courts of the United Statu ai.d of the State. In
all classes of cases. Has no other business,
and deTOtes his personal attention md all his tlmeKMlu^^velv to bis profession. Ko^crs io Bank of Monroe.

N. Y. Stock Exchange.

Cecil,Zimmerman & Co.

Co.,

NewT York.

Farmer,

Solicitor

&

Lapsley

Member of

Member N.Y. Stock
M. Zimmerman.

BANKERS AND BROKERS,

York

MONROE, liOUISIANA.
Counselor,

Lapslet,
D. s. Willabd,
Members N. Y. Stock Exchange.

SCU.MIDT,

Geo. W. Cecil,

69

to.

Howard

..

Slock Exchange.
K. R. Lbak
c.

No. 45 ITall Street

Member of

P.

NEW YORK

securities.

Branch OfBce and Private Wire
.
•t the CCMBEKLAND," Broadway and 22d Street.
Buy and sell on commission, for investment or on
.^,.

Gwynne & Day,
Transact a geaeral banking and brokerage buslness in Railway Shares and Bonds and Government

EXCHANGE COUBT, NEW ¥ORK,

msi'Kin, all securities dealt in

No. 72

AND AUi KINDS OF

fEstabUsliecl 1834.]

Ists.

Columbus & Toledo Ists.
JoUet & Northern Ists.
Clncbinati Richmond & Fort Wayne Stock.
Cincinnati Hamilton & Dayton Bonds

Jr.,

Itrooklyn Sccnrities, City Bonds.
Gas Stocks, &c..

(iROOKLYlV SECITRITIES
DEALT IN.

WANTED

Bacor

it

Albert E. Hachfield,
STREET,

L. R.

Bacon,

STREET EAILROAD STOCKS AND BONDS

N.\.SS,1C

Co.,

BANKERS AND BROKERS,

AND

«.4S»

&

BANKERS,
VXITED BANK BVILDINO,
WALL STREET, COR. BROADWAY.
STOCKS, BONDS & COMMERCIAL PAPER.

Geo. H. Prentiss,
No. 17

ITork.

Wm. BLLIMAN, Member of the N.Y. Mining Exch'ge

or for invest rcent.
Complete Financial Report Issued weekly to our
correspondent?.

17

New

C. A.

HOLT

CAS STOCKXi

Deala in lUTestment Securities and
Bonds Generally.

St,

Exchange.
Advances made on business paper and other

RALLROAB bonds.

No. 24

IilKMBKUa Of TIIK N. Y SI OCK EXCHANOK.
A strictly comn'issi-in business conducted In the
purchase and ;<ale uf Stocks and Bonds on Margin

39 AVall

dc

BONDS, STOCKS and INVESTMENT SECURITIB8

'i'

Coleman

on Commission, for cash or on marNew York Stock

Sell

gin. iiM Securities dealt In at the

Alix.

DEPOSITS reoeWed and INTEREST

O. K.

Walker,

Stocks lind Bonds bought and sold on commission

balances.
sell

WALKnt.

BROADWAY, NEW YORK.

No. 80

Buy and

WALL

Buy and

N.

securities'

BANKEBS,
No. 10

W.

at N. Y. Stock

Holt,

STREET, NEW YOUK.
TRANSACT a QENEKAL BANKING business.

EDWAKD HAWLIHOS.

&

Rutter

BROWN.

Bontls of Sixretyshdp Walston H Brown & Bros

Y. Stock Exchange.

RANKERS AND RROKERS,

way and Miscellaneous Securities. Receive deposits
subject to check, and allow Interest ob. balances.

WAL8TON

XXXIV.

Financial.
M. RUTTER,

C.

&

Hatch

Tork.

Mltchill. Wn;.

[Vol.

No. 31

Boardman,

stock broker,
No.

-offices80 BROADWAY, NEW
Hall bcildino. Trot, n,

WALL

STREET,

BANKERS AND BROKERS,

YORK.

YORK,
y.,

Connected by Private Wire.
All securities dealt in at the N. Y. Stock Exchange
nought and sold on commission and carried
on a fair
maiBla. Interest allowed on oreau balanoes.

J.

Refer to Messrs. Fisk

k Hatch.

D. Probst

&

STOCK AND BOND
No. as

Co.,

BROKER

BXCHANOB PLACE, NEW YORK.

Stocks, Railroad Bonds, Oovernuxnts ars
Soi»
ll(acBu,ANKoua saovuxics Bouokx

an

—i

UkTktM

THE CHRONlOLli

ISSIJ

18,

FIOAnolal.

fflnanelal.
Tniu.

Sand

Mcmbsr

N. T. stock Hxoa.

&

Brothers

Co.,

STOCKS AND llONDS BOUUIIT AND BOLD ON
COMMISSION.

T

Co.,

Buy Mid ull InTedmant SMurttiM (or auh or on
eommliiHlon. A speclultr mttde of Wuarem Farm
MortKiuivs botirlntf from 7 to to )ior ctMit mtoreftt.
Will unilertiike the neuotlattun of loans nprn
Western City propenr in larse or smaU amovnts.

Securities

a me

OROKBS AND COKKESPONDBNCB: PR0MPT1.T
ATTKSDKD TO.
JAMES KITCHEN, 70 Cedar St

ST.,

WOOD

TO

riKST-Cl^ASS BAIUlOAI)"lMl

New

MORTQAGBBl .VDC."
L. M.SWAN.

48

BROADWAY,
BtiM)>-

BOOUnT AND SOLD.
Bee qnotsUoa* of CItr Railrosd* In this pap

y

r.

Ej^fipS.

Pnrcfaaee and

knd

sell

l^eu)^ORK>
on Commission OOYKRNMENT

RAILROAD BONDS

and STOCKS, and

classes of Securities dealt In at the

STOCK EXCIiANOR,

or

all

repnUhle

all

LOANS
Interest

&

Groesbeck
B B
No. 13 WAIil,

E.

iBoodfft

KER

Co.,

8,

NEW YORK,

Bailey,

S.
7

Schley,

STREET,

PINE STREBT.
DeallnKs In

SH Krindwir,

cur.

KEU

^

SOe

H
Excbanae Place, N. Y.

P. O.

D. A. BOODT,
Kbobin Lbuaitd.

SI(;UT.

Box

O. W.
F. O.

Stocks

Cash paid at once for the aboTe Secnrttirsi or
tbefwlll be sold on commission, at seller's option.

JohnPondib. EduardMertbns. avo. Natbak.

Pondir

&

Co.,

Bonds & Inrestment Secnrities,
30 EXCUANOB FLACK. NEW YORK.

MCLEU.A!«. JB.
Saltunktai.u

Orders ezecated on the London and European
Markets.

FoBDVrE D. Babkbr,
Ubnbt
Member N. Y. Stock Bxchanxe.

Barker

c^ La*
BANKERS,

No. 18

IVALL STREBT,
New

11 dc

Tinkib

Tinker,

STOCK BROKERS,
33 BROAD STREET, NEW YORK.
BOOM &

Bar and

sell

on commission, for Inrestment or on
the New York Stock

oiarKln, all secnritles dealt in at

ExchunKH.

Chronicle Volumes
fVAMTED.

Bur

KiDsxB. WATi.A»r> thaik,

W

&

C.

York.

Transact a General Banklna Bnslness, laeladlba
the purchase and sale of STOCKS and BONOS for
oash or on marttln.
uitf Sell InTeatiiient Seeurltlea.
P O. BOX a.847
iA .lU.

HIU,

No. 305 Olive Street,
ST. LOUIS, no.,
But and sell Government, State, County. TownsbID
sad Municipal Bonds, Coupons collected. Missonrl
Bonds a spedaltr. yoreten cxchanire bos^ntand sold

BANKING HOUSE OP

G.

W. Norton &
CASB CAPITAL,

U.i,Uoaa

Velnmel.lMS: Volumes 8.4,8 and
oeedinii YalnmefdoTn to IliTT. Appkf
tXon OfflM, TV

A <n WUUtm

Co.,

ta»,0OO.

George

&

Eustis
BB

O K B K

Co.,

S

OINCYNNATI, OHIO.
$>teHni<iiii|t».

Only Direct Line to France.

GENERAL TRANSATLANTIC CO.
BETWEEN NEW YORK ANO UAVRE.
From

Pier (new) 42 North Kiver. foolof Morton St.
TruTeieni by this line aToid both transit by EnaRailway and the discomforts of crossing the
Clriannel in a small boat.
Wed.. March aS. 8 A. M.
ST. L\L'IIF:nt. Scrvan
Pit AN> K.I'crii r d'UauterlTe.Wed.. Mar. 1». » P. M.
CANADA. KninKeul
Wed.. April S.7A.M.
llah

Price or t'As..tA(JC— (iricludlnir winO/: To UaTre—
First cabin, tiuo and »HU; second cabin. (SO; steers
$2H. includins wine, betldinif and utensils. Return tickets at very reduced rates, ("hecks drawn
or. Credit. Lyonnals of Parts In amounts to suit.

etnet.

FOR

I«IAR>!iEILLES,

TonCHtNO AT CAniK. UlBRAI.TAK A BABCn.OHA.
The foUowini: steamers wttl luuveNew Vork direct

stocks,

447.

Co.,

BANKERS AND BROKERS,

a^L-e.

A SPECIALTl'.

,

Brnucli ulUce, l-iH I.a »9nlle >*t., Chicago.
TRA.NSACT A (iKNKItAI, BANKINC BUSINK8S.
INCI.l Dl.Mi THK I-UIICIIASK AM) SAl.K Df
STOCKS AND BlJ.NDs KOK (Atill (II! UN JIAKWIN. ULV A.ND Sh.1.1. l.SVKSTilliNT BBCUIllTIES. 1NTKRE.ST ALLOW KI) ON DKPOSITS

BOUJECT TO CilKCK AT

Insurance

&

Keleher

F.

E&NEST GB0I8BBCK,
GRANT B. SOHUIT
Members N. 7. Stock Biobanxe

Seonrttles

bouKbt and sold In the OPBN MARKET.
and COMMERCIAL PAPBR naRotiated.
paid on DEPOSITS, snbjeot to cheek.

n A N

P.

LOUISVILLE, KENTUCKY.

BANKERS AND BROKERS,
BROADWAY AND 19 NEW STREET,
NEW YORK.

NEW YORK

Street,

Dealers in Ooremment, State. County. City and
Rallrrad Bonds, Bank Stocks, Ac.
Desirable InTOstment Securities constantly on
band.

COMMISSION.

-

§T.

and DROKBBS,

PORTLAND, mAINE.

kdwinj.Dakkb.

Kohn &

bj

& Barrett,

186 middle

STOCKS AND BONDS BOUGHT AND SOLD ON

-BUriKERS^
25 f iNe

NEW YORK.

STREET.

Glazier,
mt

^LLij»JS,pouDEpf

Co.,

niD,,

In their ofBeea,

all

bankbrs

Co.,

&

ciiAa.A. Miixra. JAa. FRANCIS.

YORK.
ft

WALL

Sons,

coininurclal points in the country, B*>
pecial attention tclvon to purchase and sale of Ylrfrtnla Consols, Ten-fortlcs, Deferred and all Issoea
of the State, and to all classes of Southern State,
t'ltjr and Railway Securities.
Correspondence solldted.

BANKERS AND BROKERS.

L. Grant,

CUT RAILROAD STOCKS

&

Miller, Francis

OBORGB C. WOOD. C. U. UUKSTIS.

NSW

SON

NEW YORK.

2 Kxclianse Conrt, Neiv York.

JCxccute ordi'rs In all RccurUics listed at the
York Stock KxclianKC. Knr 8;ile.

Western Union wires

had with

BANKERS AND COMMISSION MERCHANTS

»AVI»t.

&.

&

niIJLI.ER

II.

PINE STREET,

R. T. Wilson

NEW YORK.

617CCKS.SOUS

BONDS

ANI>

Co.,

BANKEK8 AND BROKERS,

No. 146

are

Swan

OJf

No. 7

&

Huestis

H.

BONDS

WEDNESDAYS AND 8ATCRDAT8.

ADRIAN

&

Fisher
BANKERS,

BALTinORE,

ot all olasaes of

STOCKS

and Rallwaj Reads aad Cooyoai

means of which Immedtate comraunlcatloQ can be

Undenlgned hold REOUI^AK AUCTION

SALES

Specialty.

PINE

Wm.

At Auction.

Uncurrent

31

Stale. Mealclpal

kouBbtaod sold at bast market rate>. Inrsatofsec
taslers wlablag to Day or sell are larUod to eoaueeai.
cats with as.
Member of the New York Moei Bzehanae.

,

Krftph.

and

CTtf,

A SPECIALTY

Dealera in Oovrrnmenta, Stoeka
and Inveatnient Necurltlea,
CMh or on ma*New York Stock Orrotvn Sbconu St
3* 8UUTII STKKET,

Interest allowed on dallf balances.
All dopoHlts subject to oheck at itght.
Particular attention to ordera b7 mall or tele-

STOCKS

York

».<!W

Ntrei'.t,

SOUTHERN NKCURITIBS

BxchanKO.

NA88AU 8TRKET, NEW YORK.

Wood,

IN

Sell un Cummtiilon, for
securlttea dealt lu at the

Manning,

B.

No. 6 Wall

INVESTMENTS. And

STAMC.

ItANKKRS,
»o. 33

NEW YORK,

Buy And

&

George Stark

ST..

DRALBR8

irln. all

Sons,

Sistare's

NA88AD

17

FIRST-CLASS
r.

John

BARKKII AND RIKlKKK,:

Wall Ht., t;«r. New, New York.
INVBSTMBNT SKCURITIK8.

Geo. K.

COJ^MKBCIAL PAt*KR NBOOTIATKD.
JOHN

Co.,

Special attention to business of coontrr banks.

New York.

UcuKOB BTAHK.

&

BANKKIIS AND BROKERS,

ilANKKRS AND BROKERS.
S4 Wall Street,

FInaaetaL

A. H. Brown

John BicKKLa.

V. RjtNn.
K. hand,

Max

vft

ror Cadiz,

Glbmltar, Barcelona and Marseilles,

Inji freitflit

LOUIS DK BEBIAN,
No.

tf

and snsat PuMlca-

Aaenl,

Bowllns tireea.

Wire Rope.
BTBKLANO CnARCOAL
IRON

of snperler qnallt

nltable for
IIOI8TI.VO

MINING AlfU

PURPOan.

Inclined Planes.

TnuwMl^

of PMrar, *•. aIml
)alTaBlsad Oareoal aad
8 B for 8hln> tOtgat, SS.
snalon Brld(ea,~ OHTtak
ays. Fern Bopaa. Ae.
large stock cnnataatly on
ilea

hand from whleh aaj

sired

leuftha

A
4?

are

oat»
n.AT stIKL jJm rSai
Huk-Ktt

10,

tafe-

imd oiissengers:

V. DF. MAKSl!:iLLBS.Crampton.Onoraboul Mar.SO
liATCs OF PASSAOr— For Cadis and Gibraltar^
flr»t oattin, t75 and (00; for Barcelona and Mavsotlles-Klrstcsbin, tso and (lOn. steerHne. KB.
Throuith bills uf ladtnK issut'd to .Mediterranean
Ports. incIudinR Barcelona, AlKCrla, Tunis, Genoa,
IjCKhorn, Naples, Messina; also, for Trieste and
Cunstantinuple.
N. B.— No IrclKht taken for Gibraltar.

p<^.r.

ii>r

AiiniBC

pax

manufactured to

OT'

der.

JOHN W. MASON

dc

OOm

4S Broadway, New York

THE CHRONICLE.

ul

IVoLi XXilV.

Commercial Cards.

Publications.

Pabllcatlou§.

LIVING
THE GREATEST
^* Author8,8Uch
n« Prof. Max

Muiler, Rloht Hon. W. E.
Gludstoue, Jofi. A. Froude,
Prof. Huxley. K. A. Proctor
Edward A. Freeman Prof,
Tyndali, Dr. W. n. Carpen-

IHE

Goldwin f^inith.
The Duke ot Avpyll, Win.
Black, Miss Thackeray,
ter, Prof.

Financial Review,
(ANNUAL.)

Mrs. I>Iulock-Craiii,

Ueo.

MacDouald. iXm. Oliphant,
Jean IubcIow, This. Hardy,
Matthew Arnold. W. H.
sr^W
Mallock, W. W. Story,
Ruskin, Ten_^sa^lM Tourgeu^eir,
nysoa, Browuiua:, and many others, are repre-

E8TABLl!^HED 1833.

^ears & Cole,
STATIONERS AND PRINTERS.
Supply Banks, Baniters, Stock Brokers and Corporations with complete outdts of Account Books and
Stationery.
IW~ New conoernt organizing will have their orders promptly executed.

(HANOVER SQUAR E)

sented la the pages of

1 8 8

2

The LiriNO Agk
forty years, and has
dation and success.
weekly magazine^

OF

INFORMATION
FOB

Bankers,
Brokers,
Merchants,

THE ABLEST LIYING WRITERS
in all

"

branches of Literature, Science, Politics and

reader who makes himself familiar with its
contents can lack the means of a sound lite ary
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"It is indispensable in every household where
any attempt Is made to keep up with the current
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pages are sufficient to keep any reader abreast with
the best printed thoughts of the best of our contemporary writers."— £pi5Copai JtcffUfter, Philadel-

AGENTS
JAmiES D. WHIT.nuKE A CO.,
*5 BEEKMAN STREET. NEW VORK.

E.R.Mudge,Sawyer&Co
AGENTS FOR
Itlllls, Clilcopee Mfg. Co.
Burlington AVooIeu Co.,
EUerton New Stills,
Atlantic Cotton muia,
Saratoga Victory Iflfg. Co., Ocean miUn,
iVanlilngton

Peabody

Banking and FinancialUnited States— National Bauk Fl)?ure8 and
Currency Movements.
&c.

London— Money Market and Bank Betoms.

Oommerclal—
United States—Foreign Commerce, Trade
Balance, V. S. Exports and Imports of
Leading Articles. London—Eeview of

Bank Beturns, &o.

Tbe Money jnarket—
and Prices of Call Loans and
Commercial Paper since 1874.

Influences,

Gold and SilverProduction, Exports and Imports of Gold
and Silver In the United States and abroad.

Foreign ExchangeMarket and Prices in New York, 1870-1881.
XaTestments and Specnlatlon—
Compound

Interest Table, Showing Accumulations of Money in a Series of Years.
Table Showing the Bate Per Cent Bealized
on Securities Purchased at different prices
(without regard to date of matuiity.)
Stock Speculation In New York.

iflllis,

AND

M)

phia.
" No other periodical can compare with The Liv* "A veritable
I'^O Age in Interest and value." •
thesaurus of the best work of the most celebrated
writers in literature, science, pollticH and art."—

MASS.

nnd Record Papers.

Plated Paperti.
Bund Papers.

Hosiery and Knit Undenvear

"

Sletroapect of 1881.
Bercantile Fallnres.

l.edffer

Machine Haud-Itlade Papers.
Antique Parchment Papers.

Art-

CONTENTS:

year,

Bankers*

double-column octavo paces of reading matter yearly. It presents in an inexpensive form, considering
Its great amount of mutter, with freshness. owinjE
to Its weekly issue, and with » satisfactory completeness attempted by no other publication, the
best Essavs. Reviews. Criticisms. Serial and Short
Stories, Sketches of Travel and Discovery. Poetry,

productions of

Investors.

New York City— Bank Returns,

haa been published for nearly
met with continuous commen-

SclentlHc. Biographical. Historical and Political Ijiformation, from the entire body of Foreign Periodical Literature.
It Is therefore Invaluable to every American
reader, as the only siitis factor! ly fresh and COMPLETE compilation of an indispensable current
literature,— indispensable because it embraces the

Papci- Co.,

HOLIOKE,

it gives more than
A
THREE AND A QUARTEB TH0T7SAND

A YEAR BOOK
FINANCIAL

Whiting

Littell's Living Age.

o

niLLIAM STREET.

IWo. 1

From Various

43

Mills.

new york.
boston,
13 Chaukcey Sthkst
& 45 White Street,
pniLAnSLPHt.v.
J. w DAYTON. 246 Chestnut Street.

Herring's Safes.
THE
IN

CIIAinPIO^

RECORD

ALL GREAT

FIRES.

Boston TYuvekr.
" It supplies a better compendium of current discussion, information and investigation, and gives a
greater amount and variety of reading matter,
which it is well wortfi while to read than any other
pnblication."— Boston Journal.
"The ablest essays and reviews of the day are to
•
*
know of no invests
be found here."
ment of fS in the world of literature that will yield
equal returns."— T?ie Presbyterian, Philadelphia.
"It enables its readers to keep fully abreast of
the best thought and literature of civilization."Pittsburg Christian Advocate.
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speakiug, the cheapest magazine published."—

"We

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" As much a necessity as ever."— 27ie Advance,
Chicago.
" The oldest and best."— Courier •Jowrnai, Louisville.

" The best and cheapest periodical in
Evafigelical Chtirchman, Toronto.

Published

America."-

weekly at $8 00 per year, free of
The Living Age and any one

postage; or for $10 50

of the American f4 Monthlies (or Harper's Weekly
or Bazar) will be sent for a year, postpaid ; or for
19 50 The Living age and the Si. Aic/iolas, or Lip
pincott's Monthly. Address,

I<ITT£Lli

&;

CO.,

HEI?,R,I]VG^
251 & 252 Brcidway,

&

CO.,

New

York.

Boston.

Cnlted States Debt and Secarltles—
Debt of the United
Prices of U.

State DcbtM

S.

Commercial Cards.

States.

Bonds. 1800-1881.

and

Securities-

State Debts and Immunity from Prosecution.
Prices of State Securities, 18(>0-1881.

Hallroads and

ttaeir

IPrlcc of the KeTle-v,

*•

?"!'?<='"•«,''•. "'

&

Securities—

Bailroad Statistics of the United States.
Railroad Earnings.
Prices of Railroad Bonds, 1872-1881.
The New York Stock Market, 1860-1881.
Prices of Bailroad Stocks, 1860-1881.

bound

mud Finaocial (Jlirouicle, Foatuce (when sent by Mall,)

-

.

.
.

COTTON SAILDUCK

S3 00
, „„
3. UU
^
(

.

Co.,

Manufacturers and. Dealers in

In cloth, •

'be CommerciRl

Turner

Brinckerhoff,

iQ

Aad all kinds of
OTTON CANVAS, PELTING DUCK, CAK
COVERING, BAGGING. RAVENS DOCK, SAIL
TWINES, &C., " ONTARIO " SEAMLESS
BAGS,

"AWNING

OOLO MEDAL,

PARIS, 1378.

Eis Celebraua yuvibers,

303-404- 70-35 -332,
I

I

andhiaoUur style* may be had of ail deaivt

^

tkroughoMt the world,

Joseph Gillott Sc Sons,

New Tork.

8TBIPB8."

Also, Agents

WILLIAin B. DAK.4
PUBLISHERS,

& CO,

t'NVTED STATES BUNTING COMPANY.
A full 8upi>ly, all Widths and Colors, always in stock.
No. 109 Duane Street.

VS & ai iriUUm street, Neir Tork.

Bliss,

Chronicle Numbers
WANTED.
Mumben

7B", 7(11, T03,

Wt.

708, 88i, 338, 881, 836

Mib 847, 8M, Ses, sad Supplemocts for rebmarr sad
AscU. ISSL 8ac«

to

WM.

B.

DANA & (X>.,

nwuUoaStrMt.

Fabyan

&

Co.,

MDTDMIFI
IRSUEAKCE COMFAHT
„

OF

NEW YORK.

SKLLINO AGENTS FOR LEADING BRANDS

F.S .WmSION. PRUSIDETO:
/SSUESEVfRr. DESCRIPTION OF

BROWN AND BLEACHED 8HIKTING$

UfEANDENDOWMENTFOUCm^

New York,

Boston, Philadelphia,

AND SHEETINGS,

PRINTS, DENIMS, TICKS, DUCKS, <feo.
Tewels. Quilts, White Good* and Hosiery,
Drillt, Sbutingi,

<tc.,

for Jlnporl Trade.

ONTERMS ASEAVORABLE AS THOSE.
CFANY OTHER COMPANY ^
t,

ORGANIZED APRIL 147"184-Z^ ^
CftSHASSKTS 0YER$82.000.000

:

MAiica

IHE CHRONICLE.

I88S.

18,

CoUoii.

iDiunuice.

* OO,

XMMMA*, A laABAII

OFnOE OF THE
_

ooimmssioN iiibrchants,

Mutual Insurance Co.,
January 2S, 1883.

Th« Tnut«ea, In conformity to tlie Cbarter of
the Company, aubmlt the foUowtng Statoment
of Ita affulr« on the 3 lit Docembor, 1881
Preuiiiimn Kit Miiriiui FiUlu from
,

Premlunu

Premiums marked

• s^ndenu In

and Ues«n. L. Koasnhelui
r.

barrct:

H.

&

Co.,

COMMISSION MERCHANTS
No.

New

Tke Company baa the following Aaseta,
United Bt»t«s and State of Mew

viz.:

Bank and

otberStockg
$8,965,738 00
LotuM aeonred by Stocka and
otherwlae
1,720,500 00
Baal Eatate and Claims due the
Company, eaUmated at
491,148 18
Premium Nates and Bills ReeelTable
1,631,294 23
OMtainBank
347,765 99

York.

LIBERAL AOVANCB8 MADB.

$13,165,466 40

F. Crumbie,
COTTON, New York.

St.,

Bpsdal attention given to orders for the bnylaK
and seinnK of Cotton for FoTirBB Dsurutr.
Member of Cotton Kxchsnge.

&

E. S. Jemison

be paid to the holders
thereof, or their legal repreacntatlres, on and
Cter Tuesday, the Seventh of February next.

THfi

OUT8TANDINO CERTIFICATES

of

the Issue of 1877 will be redeemed and paid to
the holders thereof, or their legal represeotatlTes, on and after Tueaday, the Seventh of Febmary next, from which date all Interest thereon
will cease. The certlfloates to be produced at
the time of payment and oanoelod.

A DIVIDEND OF FORTY PER CENT U
deolared on the net earned premiums of the
Company, for the year ending Slat December,
1881, for which oertihcates will be Issued on
after Tuesday, the Second of May next.

nd

By order of
J.

H. CUAPJLAM, 8M»«t«rr.

TBCSTKBSi
D. JOBM,
Charles Dennla,
W. H. H. Moore,

Horace Gray,

Edmund W.

Corllea,

John Elliott,
Adolph Lemoyne.
Bobc. B. Mlntum,

Lewis Curtis,
Oharlw H. Russell,
James Low,
David Lane,
Oordon W. Bumham,
A. A. Raren,

George W. I.ane,
Edwin D. Morgan,
Bobert L, Stuart,

Wm.

James Q. De Forest,

Bturgis,

BetOamln H.

Field,

Joslah O. Low
William £. Dodge,
Royal Phelps,

Thomas
C, A.

F.

Youngs,

Hand.

John D. Hewlett,

WlUlam B. Webb,
Charles P. Burdett,
J.

Charles H. Marshall,

Samuel

Wllletts,

Charles D. Lererioh,
WlUlam Bryce,
WllUam H. Fogg.
Thomas B. Ooddlni;ton,
Horace K. Thurber,
William Uegroot,

Henry Collins,
Johu L. Rikor.

D. JONE8, PKsldenL

CBARIX8 DENNIS, Vice-President.
W. H. n. MOORE, 2d Vloe-Presldenf.
A. A.

BAVEN, 3d

Vlco-Presldont

In

" Fatnrea" e«ecated at N.T.Oottow Hreh.

&

Parisot

Mohr, Hanemann& Co.,

AND

COMMISSION MERCHANTS.
16

ltJ6

GBAVIEB

New

ST.,

ORDERS FOB FUTURE CONTRACTa

Wm.

NKW

&

TORK,

Tainter,

97

PEARL STREET, NEW YORK.

"Fntnre " ordera execnte^ at N. Y. Cotton Wxeh'ge

F. HofFmann,
COTTON BROKER AND AGENT,
as RUE DE LA BOITRSE, HAVRE.

Felix Alexander,
COTTON BROKER,

AVGCSTA, GEORGIA

Geo.H.McFadden & Bro

Bntlre attention riven to pnrctaase of COTTOn
for 8PINNKRS and EXPORTKR8

COTTON FACTORS

COKRISPOITDaKOX SOUCITSD.
References :~Natlonal Banlt of Augusta, Geory)

18 Ezehance Plus,

GENERAL COTTON MERCHANTfl,

SpBCIAL ATTENTIOH GlVBK TO THE EXECIITIOll

OF

dc

Post Bpildino.

Waldron

Orleans, La.

& Gwynn,

COTTON FACTORS

.

York.

Campbell,

Cotton Factora,

Fielding

New York.

,

Henry HenU A Co., Commlsalon Merchants New
York; William B. Dana A Co., Proprletora COMvn
oiAL AKD FiSAHOiAi, CHBomoiJi, and other HeYork Honsea.

J.

as

Orders

Jemison, Groce & Co., Galyeston, Texas
WiCMOHS. U.W. HANIKANN. CLUfaNSFlBCBBB

New

Co.,

NewTork.

No. 10 Old SUp,

ST.

&

ST04;KS,
BONDS, Ae.
WILLIAM STREET, NKW YORK.

lOKSBCRG, niSS.

UBDER

the Board,

H. Tileston

Orders to Parohaae Cotton In our market solicited
Refer to Messrs W.X>DWAB0 A 8T1LLMAN

AND

PEABL

Co.,

COTTON,

COTTON COMMiaSION MERCHANTS,

133

&

Orders for Spot Cotton and Fotnres promptlv
•itsd

Co.,

BANKERS

SIX PER CENT INTEREST on the ouUtandeertillcates of profits will

Co.,

COTTON COMMISSION MERCHANTB.
07 Pearl St., New York.

COTTON BROKERS,'
117 P«Arl street. New York.

Receive ConBlRnmeuta of Cotton and other prodnos

114 Pearl

NoBFOUl. TA.

Hyman &

Dancy,

Dennis Perkins

PEARL STREET,

lis

HTMANB A DAKOT,

Special BtteotloD irlven to the Farehsse and sato
of ouniraots for fnture delivery.

<;OTTO.^

J.
$924,227 02

Amount

JOBN

C. F. Hohorst

Beturus of Fremlouu and £x-

City,

Mawxasa A Co.

il.

A Sou.

HoaoRST,

»l,773,e82 80

penaes

PEARL aYREBT. NEW YORK.

186

Special attention Klven to orders for the purchase
and sale of Contracts for Future Delivery of Cotton.

paid during the same

York Stock,

OOTTOJI BROKERS,

York.

Liverpool, Mavtri.

off

period.

COTTON BROHCRt,
«8 BKAVBR ilTJBEBT, NEW YORK ,
Geo. Copeland & Co.,

Orders ezeeated st the Cotton Kzehcsffsa In A«»
fork and Liverpool nnd lulTaDcet msde on Cotton
snd other produce cosNigned to as, or to our corrs

90,027,021 67

from lat
January, 1881, toSlstDeoembor, 1881
$4,110,176 72

LOMM

New

oiioa.

WALTER &KROHN,

KXCHANOB PLACB,

40

OBAS.

l*t Jmiuurj 1681, lo Jlal )»«
eember, 1881
M.OSO.tS? 10
Premluumou Polloliw not marked
off lat Jasuory, 1881
1,&87.534 47

Total Marine

Ilosi omary.Ala.

LEHMAN BRO'S,
Cotton AND Factors

m ATLANTIC
NEW YORK,

1

UVUM • Uo

{.SaMAII

Msw Crlsaas, La.

AND COMMISSION MERCHAHTS
121 Cbeatnnt

St.,

Pblladelphla.

THE BROWN
Robert Tannahill & Co.,
Cotton Gin Company,
Cotton Commission Merchants,
NEW

LONDON, CONN.,
tha orlibratrd

MAittrFAcroitsRa of

Brown Cotton

Gins, Gin Feeders] and

Condensers.

COTTON

(ilNS

Works at Okicnt,

L.

I.,

FOR EXPORT.
and

&

Virginia

Fertilizing Co.
OITKR THKIR STANDARD BRANDS
AmiOKIATED Bone

Sl!l-KKillIO<«I>HATB

OF LniK

**0R1KNT COSIPLKTE MANDRK,"

And Want a Kood wnrklnic aj^ent In every thrlvina
cotton, tobacco, araln and truck growlna ooontr.
Ap<>l7 (wllii relerencelto

W.

G. CRENSHAW, Prea>t,
Cbahbsaw WARcnotrss.
Richmond, Tb.

NSW YORK.

Special attentionjttven to the pnrohase
Future Contracts.

A. L.

BURIKA"

" Orikht.

Ult-HMUNU, VA.

The Atlantic

'

Cotton Eachaoce Buildlnc,

No

and

sale o<

Leman,

COTTON BROKER,
160 SECOND STREET,
mACON, GEORGIA.

Entire attention paid to pnrtdiaseand ahlrmeat ctf
Cotton on order tor Spinners and Kzporters.
Best of references f>"Dlsliad. Corr es |»ud sna«

John F. Wheless

& Co.,

COTTON

conmssioN ihbrchants,
NASHVILLE, TENNESSEE.
Sperlnl nttrnlinn alven to Spinners' orders.

Cor

ro«t>*'ii<1t'nca s<tllcltod.

ItKfKHKxrs.'TliIrd and Fourth National IBaaks
uiij :•; .1 ii'tjn ui :no cuiioxiclb.

THE CHROJNKJLE
Cotton.

Cotton.

INMAN,SWANN&Co W.

P08T BUILDING,
Oar, Ezohance Place, Hanover ds Beaver

COTTON MERCHANTS,

TOBK.

COTTON EXCHANaE BUILDINQ,

eSKEBAL COMMISSION MERCHANTS

New

HIAnE ON ACCEPTABIiB
SECVRITT.

A. B. OTATHlCXr.

i. O.

Gwathmey &

BLOSa.

Wm. HamiT Woods.

Mew

York.

Special attention glren to the execution of orders
lor future delirerj contracts.

ElWBT

CHAS. FBANCIS BIOBI,

H. BVANS,

Member N.

T. Cotton Exchange.

&

Evans
ITo«.

16

Beebe,

P. O.

Delivery.

&

P. Billups
J.

NEW

POST BUILDING,

&

New

No. 110 Pearl Street,

fork.

FUTUBK CONTBACTB A 8PICIALTT.
J. W. HlNSON,
Uember Cotton bJxch*,

A. R. BLOUNT,

Member Produce Exoli'ge.
H. U. KoaXTHKE, Special.
e

&

Hinson

Blount,

COTTON FACTORS
And General Commission MerchautB,
89 PKARIi ST., NEW YORK.
OR •
FOB FUTUBB DELIVERY OF COTTON

Special attention given to the execution of

X>BRS

AND PBODUCK.

JOHN

&

H. CLISBY

CO.,

COTTON BUYERa,

MONTGOMERY,

AL,A.
XUMCaASK OKLT ON OHDERS, FOB A COMMISSIOH

&

Rogers

Pendleton,

COMMISSION MBBCHANTS,

NEW YORK.

NO. 9r PEARIi STREET,

°° consignmenU of Cotton, Grain
..A''X¥"*fJ"¥'*
and
other Produce.
"^
oSfJ.SdPr'SVlslSni.™"'' '" """™ <"*""''

&

Bennet

Foulke,

conmissioN iherciiants,
121

PEARIi STREET,
NEW YORK.

Special attention given to the execution of orders
for the purchase or sate of Contracts for Future
delivery.

James F.Wenman& Co.,
COTTON BROKERb,
Ho. 146 Pearl Street, near Wall, N. S.
Established

(in

Wabbin ewcn,

Tontine Building) 1840.

jb.

Ewen

John M. Bwur.

Brothers,

COTTON BROKERS,
•Hoe.

31

dr

33 Broad

HEW YORK.

OF NEW YORK,

8H0WIN0 THI
CONDITION OF THE COMPANY ON THE FIRST
DAY OF JANUARY, 1888.

AND BONDS.
NEW YORK.

2343.

PEARL STREET, NEW YOBK.

CASH CAPITAL

$3,000,000 00
Keeerve for Unearned Premiums 1,943,733 00
Reserve for Unpaid Losses
245,595 38
Net Surplus
1,806,180 90

Cash Assets

SDMMARY OF

Held

In

COTTON BROKERS,
PEARI. STREET.
o

eneral

&

the United States, available for the PAY.
of LOSSES by FIRE and for the proteo-

tion of Folicy-Uolders of

Street,

Sontb IVilllam

St.,

New

York.

Premiums uncoH'ct'd &

Messr*. FINI.AY,

MUIR

ic

CO.,

CALCUTTA AND BOMBAY.
CONTBACTS FOB FUTURE DELIVKBY COTTON bought and sold on cotamlssion in New York

and Liverpool: also at New Orleans through Messrs.
Samuel U. Buck & Co.

&

Wisdom,
COTTON

Gardes

in h*nds of agts.

80,(iS6

Real estate

08

47.399 68

Total

»0,996,500 2«

CHAS. J. MARTIN,
J. H. 'WASHBURN,

President.
Secretary.

JETNA
Insurance

Company

OF HARTFORD.

ulVEBPOOL, LONDON AND GLASGOW.
Also execute orders for Merchandise through

$130,172 31

first lien on
real estate (worth 18.600,750)
1,555,858 00
United States stocks (market value)
4,079,500 00
Bank& RK. stocks&bds. (market value) 0(14,1125 00
State and municipal b'ds (market value)
121,750 00
Loans on stocks, payable on demand
(market valueofcollater'ls,|S41,507 60) 289,760 00
Interest due on Ist January, 18b2
85,810 19

Co.,

A drances made on Consignments to
nieaHrH. JAMES FINLiAY &, CO.,

FIBE INSURANCE:

in

No. 114

Henry Hentz

$6,995,509 26

ASSETS

MENT

Banks
Bonds and mortgages, being

& Co

William H. Beede

8

BKOADWAY.

OFFICE, 119

conmissiON merchants,

COTTON BROKERS,

Company

Insurance

18 Excbanee Place.

Adrances made en CoDsignments of Cotton. Contracts for Future Delivery of Cotton bought and
Bold on commission.

YOBK.

Co.,

HOME
FUty-SeTentb Seml-annnal Statement,

COTTOP>if.

Special attention given to the Purchase and Sale
of Contracts for future delivery of Cotton.

Geo. Brennecke

»'"'«»0'"'^««i.Jg2fi?a"p'el''s'Jf,TeVv^a^'e.

Murphy,

-

18 Exchange Place,

BANKERS.

Cash

Co.,

COMMISSION MERCHANTS,
&

Box

No. 141

COTTON
Noa. 16

MCBPHT

Henry M. Taber,

Future

at Contracta for

O.

ORDEBS IN FUTURB OONTltAOTS
EXECUTED ItfNEW TOSK AND LIVERPOOL

44 NB\r STREET.
SPECIAL ATTENTION TO

Parcbaae and gale

&

Hatch,

Sons,

(POST BuiLDnro,)

COTTOIV, STOCKS

A

42

&

Woods

COTTON RIERCHANTJi,
No. 123 Pearl Street,

8.

&

it.

NASSAU STREET, NEW TORE,

14

SOVTHERN SECURITIES.

Bloss,

P. Raich.

Personal attention given at the KXCHANGES to
the purchase and sale of STOCKS and BONDS foe
cash or on marhrln.
DEPOSITS
check at sight
—with InterestKECEIVED-sub]ectto
upon balances.
Special attention paid to INVESTMENTS aa
accounts of COUNTKY BANKERS.

Vork.

LOANS MADE ON

Liberal advances made on ConslKnmenta.
Special attention paid to the execution of orders
for the purchase or sale of contracts for future
dellTery of cotton.

Bcnry
Arthur

T. Hatch

tita,

CRKAB or Custom House],

IiOAIVS

Batch.
W. I. Hatch.

T.

NaMl

Stillman,

18, 1884.

Mlsecllaneoas.
Walter

Woodward &
NEW

[MlfiCH

Assets January

1,

1881

$7,424,073 72

LlabUitles for unpaid losses
and re-insurance fund

1,694,80180
3,000,000 00

Capital

NET SURPLUS
No. 2 Cortlandt

$2,729,271 93
St.,

New

ALEXANDER,

JAS. A.

York.

Agent.

COMMISSION MERCHANTS,
NEW ORLEANS,

1>A.

Special attention paid to the execution of orders
for the purchase or sale of contracts for future
delivery of cotton in this market, New York and
Li verpool.

B.F.BABCOCK&CO.
COMMISSION MERCHANTS,

LIVERPOOL,

17 Water Street,

Eecclve consignments of Cotton and other Produce
and execute orders at the Exchanges in Liverpool
Bepreaented In New York at the oJhce of

BABCOCK BK0THEB8 &
50

Jno. C.

CO.,

Wali. Stekkt.

Graham

(Successors to B.

M.

North
&

WATBBS 4

BANKERS

Co.,

LONDON AND EDINBURftB.

NMW TOBK
FABBRI,

Esq. (Drexel,

Morgan

S. B. CHITTENDBN.
EZRA WHITE, Esq.

& Co.)

Hon.

A8T0U,

Esq.

CHAS. E. WHITE, SAM. P. BLAGDENi
MANAUEiiS,
Office

18 WUllam Street, New York.
INVESTMENT 8BCUBITIE8 BOUGHT AND
tOLD FOB A COMMISSION.
HKNST H. WABE.
OILLIAT SCHBOXDBB

&

:

SOLON HUMPHREYS, Ch'r'n,(B. D.Morgan A Co
DAVID D0W8, Esq. (David Dows & CoO

AUD

COTTON COMMISSION MERCHANTS

Ware

Co

Ins.

United States Board of Management,

J.J.
CO.)

Mercantile
OF

E. P.

&

British

Schroeder,

COTTON COMMISSION MERCHANTS,

Si

WlUlam

St.,

New

York.

Commercial

Union

Ins. Uo.

{OF LONDON),

111 Pearl Street,

New

York.

ALFRED

Special attention paid to the execution of orders

for the purchase or sale of contracts for future de-

Uverv of eotton. Liberal advances made on oonIgument*.

PELL,
Resident Manager,

37

&

89 Wall

Street