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T«fip
financial;
.-J
y
omiattn^
AND
HUNT'S MERCHANTS' MAGAZINE,
RKPRESENTIXG THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATEa
A Co.. In tlie ollloo of the Librarian of ConcreH,
Entered oocordlng to act of Congres*. In the year 1888 by Wu. B. D.\sl
,
VOL.
NEW
40.
MARCH
YORK,
^luanciaX.
^iuaticial.
NEW CHURCH
YORK.
Founded 1705.
FHOM STEEL PLATES,
iKiis to
W*
S*
Work
SAFETY PAPERS.
Exeeutv*! In Flr**pr«of ItnlldlnvR.
UTHOGKAPHIC ADO TTPe PRINTING.
KAILWAY TUKETS «F IHPI«M ED STYLES.
^huw CurdH, I^ubeln, C'ttlcndurM.
BLANK BOOKS OF EVERY DESCRIPTION.
ALBERT G. GOODALL. President
VICK I'RKSIDENTS
A. D. SHEPARD,
J. MACDONOUGH,
W. M. SMILLIE.
TOURO ROBERTSON.
STAYNER,
and Cbestnot
PHIIiADBIiPHlA.
Investment
R.
THEO.
Prea't.
FREELAND,
H.
J.
w. Work,
Secty.
Caabler,
Maverick National Bank,
SlJRPLi;s,
A HManti of
•
-
-
.....
9400,000
409,000
Bank! and Bankera solicited.
made apon farorable temu.
Qoremmeat Bond* boajtht and
Ck>lleotloiu
Tbomas
a. Vtsk.
Member N.
W.
aold.
VrsE,
B. D.
Y. Stock Ezotiange.
&
56
Branob
31
Robert J. Kimball.
Gilder & Farr,
BROAD ST., NEW YORK.
BANKERS AND BROKERS.
Interest paid on Balances.
Seonrttles carried on
Oovemment Bonds and
Marxin.
(LABBY
TINKER
&.
Special
WESTON,
BANiC£Re AND BROILERS,
No.
EXCHANGE COURT,
2
New Vork.
U IKBT
C. TrirKHt,
Member
N.
T Stook
.
Bzali.
STOCK BROKER.
Lansdale Boardman,
NEW YORK, 60 BROADWAY A 5 NEW ST.
TROY,
N. Y., No. 17 FIRST STREEF.
etook SschVe membership; private wire: all faoUltlea
New
tkleorapiiic transfers of money
ON MEXICO, CUBA, Ac.
Geo. K.
Prince
&
New York
Buy and
Louksbebt.
New
York.
sell
Mahoney
F.
No.
&
Co.,
WALL STREET,
Ifi
DEALERS
at
All classes
CItj,
IN
Town and Kallwar Bonds
&
UNITED BANK BUILDING,
ROADWAY AND WALL 8TRKBT, NEW YORK
nrALEBS
£
WASHBURN
TOWNSBND,
dc
WALL STREET.
Ttansac a general Banking Bnataaas. Inelndinc the
I>nrchaae and Sale of all Uerorl Hes dealt In at the
New York Stuck Kzobange.
Interest allowed on depueite nbjeet to sight draft
C.
LAHSIXa C. WAfBBtmH.
'TowNBEND, Member N. Y. Stook Kzohange
B. CALDWELL.
CHA8.
J.
Co.,
UNIIED BANK BUILDING,
WALL STREET, NEW YORK.
City, County, State, Railroad, District of
Columbia
Bonds and Foreign Exchange.
Correspondence Solicited.
&
A. Kohn
J.
Co.,
BANKERS AND BROKERS,
Foreign Kxctiange, Ronds. Stocks and Miscellaneous Securities bought and sold on commission.
jcTLiDS A. Kohn, Datio OcHS. Moritz Ocas,
Memb. N. Y. Stook Kx
Memb. N. Y. Stook BxclL
Turner,
J.
FIFTEEN YEARS' MEMBERSHIP IN THE
NEW YORK STOCK EXCHANOE,
Noa. 16
dc
18
BROAD STREET,
A. B. BATEItAK,
Memb.N.y Slock Kioh.
YORK.
DOCOLASS QBUK,
Memb.N.Y. Cotton Kxok.
W. W. DCDLIY.
BANKERS AND BROKER!',
8
&
H. Latham
Of
Southern Becurities a Specialty.
No.
J.
NEW
Xiscellanvoas Secnritles.
CaEdWEi7i.,
Stock
Partlcnlar attention to orders by mall or telegraph.
C.
Co.,
BANKERS AND BROKERS,
Kailroad
New York
Interest allowed on dally balanoee.
A U deposlu subject to cnec< at sight.
sold.
R. A. Lancaster
on Commission, for cash or on mar-
Sell
secorities dealt In at the
19 Broad St.,N. Y., mils Bulldlnc,
Transact a (jeiieral Banking Bnsiness.
INVESTMENT SECURITIES.
bought and
Buy and
Kxchange.
No. 2
on commission all classes of Railroad
SecurltlesjHlso Gruln and Provisions.
Private TeleKraph wires to Philadelphia, WllmUwton. Baltimore, WastiinKton, Bridgeport, New Haven.
Boston and Pittsburg.
J.
FIRST-CLASS INVESTMENTS.
John howabd Latham. Frkdbrice W. Pbbbt
NEW^ YORK.
Ave.j
Sons,
Sistare's
16 & 18 Broad Street, New York.
121 Soath Third Street, Pblladelphla.
Connected by private wire with main office. New
ffto. all
Whitely,
No. 64 BROADWAY,
RRAMr^ npvTPCQ J 1^ Fifth
dkc.
York.
H. Cbuoeb oaklet.
MAYNABI) C. Ktbe,
I/UOAX.
C.
B.
York.
DEALERS IN
Henry H. DonoE, Wsshlnnton. D. C.
Wm. R. TKAVEH8, Special Partner.
other Investment
Securities bouKbt and sold on commlssoD.
attention to orders by mall or telegraph.
ALraiD
James Whitelt,
7 ExclianKe Court, N. Y.
Union Square
33
Co.,
New York.
No. 18 VTall Street,
Office at the Everett Uouse,
and 17th Street.
&
&
Seventeen Years' Membership In the
Stock UjccbanKC.
Vyse & Son,
BANKERS AND BROKERS,
Broadway
24 Exchance Place,
dc
BANKERS AND BROKERS,
BOSTOSr.
CAPITAL,
AND
bills of exchange, letters of credit.
Securities.
Kimball
J.
Co.,
COMMISSION MERCHANTS,
Sts«,
PrlTatewlretoNew Vork. Baltlmoreand other placet
Treas.
Asa. p. Pottib,
&
BANKERS
Maitland, Phelps
22
Oepostta received subject to check at sight, snd
Interest allowed on dally balances.
Stocks, Bonds. Ac, bought and sold on commission In
Philadelphia and other ottles
Partleolar attention Riven to Information regarding
:
C. H.
Co.,
Cor. Third
rBFiKxr (oixtkbkkitisc.
SImtIbI paiM'r* in:iinirHPliin-<l rxrliulvplf for
MM" wT Ihv Coniimny.
SAFETY COLORS.
Margin.
BANKERS.
the flncKt uni] modi nrtistlp style
wKk srEim. HAKna
&
L. H. Taylor
CHrrKH. BILLS «F EXfllA.NUE,
Cox,
Dopofllts received !»ul»iect to chook nt siKht, and
interest (illtiwod on daily Itutaneci*. Ati Stocic.<, and
fieourltles dealt In nl llie .New Vork Stock Kxc.baage
bought and sold on ComuilsHlon, for Cash or upon
Members N. T. and Philadelphia Stock Bzohanges
ENGRAVING AND PRINTING.
IIANK >OTKS, KHAHK CKKTIKHATES. BONDS
K«K <;0\KK.\Mt\T» AM» OOKPOUATHI.N8.
A-r., In
Co.,
182 Broadway, Cor. John Street.
BONOS, POSTAGE & REVENUE STAMPS,
LEGAL TENDER AND NATIONAL BANK
NOTES of the UNITED STATES; and for
&
Bankers & CominlMalon Stock Brokers
No. 88 BROADWAY, NEW YORK.
IMPORTERS,
Knckavfhs and Pkintkrs op
Foreign Governments.
&
Alfred H. Smith
tann uT Slate of Nvw York, 1858.
Kporffiknlccd 1H7!>.
STAMPS,
1,030.
V. Carolik,
CBABLIS F. Oox.
Y. Stock Exchange,
Carol in
DIAMONDS.
Inrurpontlril URdiT
I>K.\FTS
'
Member N.
ST.,
BIEliV
Bttntncaii
C
^itxaticial.
WM.
Bank Note Company,
58
NO.
21, 1885.
AMERICAN
Trinity Place,
Waablngton. D.
A BATEHAN,
OREEN
WAI-L STREET, NEW YORK.
85
Btoeka, Cotton
and ForelcB KrfJia iiK
Prirata Wire to Waahingtoa.
BATBMAN i 0O_ WARSINOTOIC,
O. 0.
AUCUSTINE HEARD,
39
NASSAU STREET.
Ixians on Railway and other negollaWe M«nttiaa
Purchase and sale of same. lAwns on Bond ana
Mort«ac«. Oeneral flnaoclal boalneas.
;
THE CHRONlOLb.
[Vol. XL.
'gov&iQU ^xcUvinQZ.
&
Morgan
Drexel,
latifejers atua '^vxfUtvs.
Drexel
&
Nos. 19 d[: 21 Nassau Street,
ISSUE TRAVELERS' CREDITS, ayailabie
VoJat South Third Street, 31 Boulevard HansBmann,
PARIS.
PHII<ADEI.PHIA
DOMESTIO AND FOREIQN BANKERS.
Securities
Deposits received subject to Draft.
bought and sold on commission. Interest allowed on
Deposits. Foreign Exchange. Commercial Credits.
Travelers,
Circular
Letters
for
Transfers.
Cable
•Tallabie in alt parts of the world.
Attobukts and agents or
& CO.,
Itlessrs. J. S.
<ort o\m.
M. de Rothschild, Esq., Vienna.
AND THEIR CORRESPONDENTS.
Draw
&
Brothers
STREET,
No. 69 WA!.!.
BtJT
Co.,
N.
IT.,
AND SELL
OF EXCHAKOE
BIL,L.S
Bills
J.
make Cable Trans-
of Exchange on, and
B A N
K K R
S,
BROAD STREET,
No. 23
Ne'w York.
Issne Letters of Credit for TraTClers,
On SELIGMAN BROTHERS, London,
SELIGMAN FRERES & CIE.. Paris.
SELIGMAN 4 STETTUBIMKR, Frankfort,
ALSBKRG GOLDBERG.
Amsterdam,
ALTMAN & STETTHEIMER,
Berlin.
John Paton & Co.,
SUCCESSORS TO
JESrP, PATON & CO.,
in
TRANSFERS
HAKE TELEGRAPHIC
MONEY
OF
J
&
&
Stuart
Co.,
J.
S3 NASSAU STREET.
BILliS OF EXCHANGE ON
"LIMITED;"
MANCHESTER. PAYABLE IN LONDON
I7I,STER BANKING COMPANY,
BELFAST, IRELAND!
AND ON THE
BANK OF
SCOTI.AND,
EDINBURGH, AND BRANCHES
ALSO,
CABLE TRANSFERS AND LETTERS OF CREDIT
NEW YORK: LONDON:
PARIS:
^H'i8?Bf(?u"cEi-.THOSE.DATI8.W.G.H. HEATH.
William Heath & Co.,
BANKERS AND BROKERS,
No. 80 Broad'nrai', New York.
Members of New York Stock Exchange.
FOREIGN EXCHANGE. CABLE TRANSFERS.
William Heath
&
Co.,
Bills of
financial
&
Kennedy Tod
J.
No. 63
Co.,
commission business. Particular attention
BANKERS.
Offer luTestmeut Securities.
Buy and sell bonds, stocks and securities In all American. Canadian, British and Dutch markets on commission. Collect dividends, coupons and foreign and
inland Drafts.
Sell Bills of Exchange on
MELVILLE, EVANS
William Heath
No. 19
Kae
&
John Munroe
&
&
Kidder, Peabody
Co.,
BOSTON, MASS.
Cor.
Wall and Nassau
Sts.,
New
York.
FOREIGN BANKERS,
Buy and
G. K.
CHEQUES AND CABLE TRANSFERS ON
MUNROE &
CO.,
PARIS
STERLING CHEQUES AND BILLS AT SIXTY
DAYS SIGHT ON
ALEXANDERS &
dB'iUt.AR. NOTES
CO., I.ONDON.
AND CRKUITS FOR TRAVELERS.
&
Ruckgaber,
COMMERCIAI. AND TRAYELERS' CREDITS.
OORRESPOyDElfTS:
BARING BROTHERS & CO., London
PERIER FRERES dc CO., Parts.
MENDELSSOHN Ac CO., Berlin.
KOVNTZE BROTHERS,
BANKERS,
120 Broadway, Equitable Building, 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
filacea in the United States. Deposits received subect to check at sight, .^nd interest allowed on balr
ances. Government and other bonds and investment
securities bought and sold on commission.
J.
H.
eOADBY &
International
Bank
(Itimited)
of London
London.
jonu Kcrenbcrg, dossier dc Co.
Hamburg.
nessrs.Marcnard, Kranss &
Co., Parts.
Commercial and Travelers' Credits.
Bills of Exchaoie.
Cable Tranafen.
TAINTOR.
business.
allowed on
and
B. E.
WALKEE,
ISSUE COMMERCIAL CREDITS, A VAILABLE
ALL PARTS OF THK WORLD.
&
Co.,
stocks and Bonds bought and sold on Commission.
Orders received In Mining Stocks, and in Unltsteb
made and I^oans NeKOtlated.
Dividends and Interest Collected.
Deposits received subject to Draft.
Interest Allowed. Investment 8ecuritles a Specialty
We issue a Financial Report Weekly.
Securities. Collections
Branch
Office, 320 Broadway.
Connected by Private Wire.
Jos. C.
WALCOTT,
)
Frank F. Dickinson. (
of the New Vork
Stock Bxchantte.
Members
Fred. H. Smith,
RROAD ST., NEW YORK.
STOCKS, BONDS AND PETROLEUM
Bought, Sold, and Carried on Margtiu.
Intimate knowledge of
years.
all railroads for past twenty
Parties desiring to buy or sell unquoted sedo well to communicate.
Smith, ) Members N. Y. Mining. Stock St Na.
curities will
F.
H.
S.
W. Smith,
H.
tlonat
(
H.B.HOLLINS.
Co.,
BANKERS AND COMMISSION MERCHANTS
g Exebamse Court. Ne^v liork.
Petroleum Exchange.
FRANK CIIOLLINft
F.A.YZNAGA.
B. Hollins
&
Co.,
BANKERS AND BROKERS,
74 BROADIVAT.
Members N.Y. Stock Exchange.
IN FlRST-CLASS' INVESTMENT
DEALERS
SECURITIES
Buy and sell on commission all classes of Stock
and Bonds, for cash or on margin.
Agents for Banks, Bankers and Railroad Companles.
Hamilton
&
Bishop,
BANKERS AND BROKERS,
PINK STREET,
NEW
YORK.*
(Members New York Stock Exchange.)
Accounts of Banks, Bankers and others received.
Interest allowed on Balances. A strictly CommissloD
Business in the purchase and sale of stocks and bonds.
Private Teleiktraph Wire to Albany, Troy, Syracuse*
Rochester, Utica, Buffalo, Cleveland and Chicago
Draw on City Bank o' London In amounts to suit.
Special attention given to Securities for Investment,
Jameson, Smith&Cotting
STOCK BROKERS
AND COMMISSION MERCHANTS,
23 Broad St, and 57 Excbanse Place
STOCKS, BONDS. GRAIN and PKOVI810NB
bouKht and sold in New York and Chicago.
ChlcaRO Correspondents, WM. T, BAKER & CO.
Direct and exclusive private wire.
Simon Borg
No. 8 1VAI.I.
&
STREET,
DKALBRS
Canadian Bank of Commerce,
16 EXCHANGE PLACE.
R. T. Wilson
&
BANKERS AND BROKERS,.
No. 24 Pine Street, IVew York.
Transact a General Banking Business
JOINT AGENTS
IN
GEO. H. HOLT.
L'HUILIER.
C. Waicott
J.
No. S6
BANKERS,
STERLING EXCHANGE, CABLE
29 T^ILLIAM STREET, NEIY YORK. BUY AND SELLTRANSFERS.
ETC.
COHRESPONDKNTS OF THE
INTEREST
GOVERNMENT, MUNICIPAL
sell
G. D.
CABLE TRANSFERS, BILLS OF EXCHANOE
Co.,
No. 32 Naasan Street, New York,
No. 4 Post Office Square, Boston,
received and
Bonds.
Private telegraph wires to Providence and Boston.
(
Scribe, Paris,
City Lo&nB negotiated.
nessrs.
DEPOSITS
NEW YORK.
GENERAL BANKING
a
balances.
nwnnK
C. J. HAMBRO & SON,
H. OYENS & SON, AMSTERDAM.
HOTTINGUER & CO.. PARIS.
Co.,
Orders solicited for London and American markets
for Investment or on mai^ln. Railway, State and
1VALL STREET,
TRANSACT
dc CO.,),
''ONUON.
and
Schulz
No. 10
Exchange and transact a seneral
glren to American Securities.
Holt,
BANKERS,
No. 20
WILLIAM STREET,
Act as Agents for Banks, Bankers and Railroad
Companies.
issue commercial credits, also foreign and domestle
travelers' letters of credit In pounds sterling A. dollars.
10 Tliroa^inorton Are., I^ondon, Bns.
Draw
DRAW ON
thk union bank of london:
british linen co. bank, london and
scotland.
Alxxandxr Basing.
J. Keknidt Tod.
Member N. Y. Stock Bzoh.
H. O. NORTHCOTZ,
!
NATIONAI.
New York.
62 'William Street,
Accounts and Agency of Banks, Corporatlonfl,
flnns and individuals received upon favorable terms.
Dividends and interest collected and remitted.
Act as agents for corporations in payiiv coupon*
and dividends: also as transfer agents.
Bonds, stocks and securities bought and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought
and sold.
SiniTH, PAYNE &: SMITH'S,
BANKERS, LONDON!
MANCHESTER & COUNTY BANK,
&
Taintor
RAILROAD
Martinique and Guadaloupe.
abroad on all points in the United states and
Canada, and of Drafts drawn in the
United States on Foreign Countries.
Transact a general banking business, Including the
purchase and sale of securities listed at the New
York Stock Exchange, or in the open market.
Government, State, County, City and Railroad
bonds constantly on hand for sale or exchange, and
particular attention given to the subject of Invest
ments for institutions and trust funds.
IN STBRLINO,
AVAILABLE IN ANY PART OP THE WORLD.
BETWEEN THIS AND OTHER COUNTRIES.
HAKE COLLECTIONS (IF DRAFTS drawn
1,422.
& W. Seligman & Co.,
ON GREAT BRITAIN AND IRELAND, FRANCEGBRMANY, BELGIUM. SWITZERLAND, NORWAY, DENMARK, SWEDEN AND HOLLAND.
Issue Commercial & Travelers' Credits
in Francs, in
NEAV YORK.
ST.,
BOX
P. O.
Receive deposits subject to cheque at sight and
allow interest on daily balances.
any part of Europe, Asia, Africa, AnaParable
knula and America.
Draw Bills of Exchange and make Telegraphic
Transfers of Money on Europe and California.
And
Co.,
France and Germany.
fers to, England,
MORGAN
Brown
NASSAU
No. 25
&
Sons, London.
Messrs. N. M. Rothschild
"
de Rothschild Hros., Paris.
"
91. A. de Rothschild <&; Sons, FraukS.
&
Ives
S.
BANKERS,
in all
parts of the World, through
OLD BROAD STREET, LONDON.
Ho. 22
Henry
Co.,
BANKERS,
Drexel,Harje8 & Co
Co.,
&
Co., August Belmont
WAIili STREET,
<y>^NEE OF BROAD, NEW YORK.
Co.,
JiB'W
IN AUL, KINB8
TORK.
OF
Railroad and Inrestment Secaritlesw
80T1THBKII SBCTTRrniill A 8PKOI*ITT.
Oilman, Son
&
Co.,
BANKERS,
No. 63
CEDAR STREET.
In addition to a General
and
U«,
Sell
Banking Bustneaa, bny
GoTemment Bonds and Investment SeonrU
:
:
Mabch
THE CHRONIC LE.
31, 188S.J
Wood,
&
Huestis
PINK
31
ST..
Co.,
NKW YOKK,
BANKEKS AND BHUKKKS,
Rimuta
A.
all BBCiirltlo«
ordani In
listed at th«
Now
Vork Slock Kxchiiiitie. Kor rtuie,
Kin-sr-HAna Uaii.uoad Kiiuit Moutoaoi Bonus
QKOHUBaWOOD. C II. UUB8T18. M. HWAN
U
Howard
^ovcicn ISaubevs.
Chas. Unger & Co.,
BANKERS AND BROKERS,
THK
V^jtrhange,
&
Lapsley
Co.,
BANKERS AND BROKERS,
No. 11 WALI. STKEBT,
AND OTIIKH INVKST.M
STKItl.INO LOANS A
64 Wall
Buy and
marstn,
St.
and 03 Urvcuo
Nt.,
_
lt«eB«i>K».
ixwiNo. r.T. BoNTicon,
(Member of Now York Stock Bxcbanco.)
H. Dewing & Son,
BA^KER!^ AIVD BROKERS,
Aoooants received
urid
'*
^^
iNhonturos
BBOWN.
FBKD. A.
B.
Asm,.
L.S.
Frank ENBEiHKB, M. Silioman,
Members N. V. Stock Exchange.
&
Asiel
Co.,
BANKERS AND BROKERS.
No. 61
Earl,
BXCIIANGB PLACB.
New York.
BONUS BOUGHT AND
STUICTI^Y ON COM&USSION.
"The
AathorlziMl Capital
SnbHcrlbed Capital
Pald-Up Capital
WAI.I.
•
TblB Company undertakes the business of Tnwtea
Issues Loans
on the London Market, acts
as
ui4
Agent for
maU
payments of Interest on Loans. Dividends oa
£4,000,000
4,000,000
1,000,000
THREADNEEDLE
OFFICE,
Street,
|
Lndgate IIllI,
KnlKhUbrldxe,
Bolbom,
Co.,
ST.
I
Tottenham Coort Road
Paddlngton,
Aldgate,
Old Street,
THB
Railway Debenture Trust
COMPANY (LIMITED),
No. 4 B.ANK BVILDINOS,
London.
The Bank,whlle condnctlng
LONDON, ENGLAND
the general bnslnese
London Bankers, Klves special attention to the
Agency of Foreign and Colonial Banks.
of
BANKERS AND BEOKEEB,
8
Manaslns XHreetor.
Cable Address-PATT, LoMSOX.
SHA SCHES
Bond
unit A\il9C«llaneoaB SecurltlM.
Coireapondenoe tioUdted,
Qaotatlons cheerfnUy f omtsbed.
No.
Esq.,
Railways and other Corporations, either In the
Reserve Fund, iCSOO.OOO.
HEAD
BROAD STREET, NE\¥ VORK.
W. H. Goadby &
FRANCIS PA7T,
(LIMITED,)
BANKERS,
Bunds
Dkumuond WoLrr,
O.C.M.O.,K.C.B„lLP
8iB Charles Lawrence Touro. Bart.
LONDON, ENGLAND.
Rolston & Bass,
Btoolu,
Cbalmukn.
Bib Henry
City Bank,
BOIJ>
M«mb«n New York and Chlcaffo Stook Bzchans*.
also New York Mining Stock BxotaanAe.
SO
P.,
a 8.1.
or Registration of. Stocks In London, or otherwtsa.
DUEXKL, BULLUINO,
STOCKS AND
M.
Bs<).,
Geniral Hekkt Hopcntsov,
Malcolm A. Laino, Esq.
John Pender, Esq., M. P.
ter of
BANKER AND BROKER,
SU
LAINO,
to Jjoans of approved Railways, negotiates
MEMBER NEW YORK STOCK EXCHANGE,
TO
B.
NEW YORK.
Boagbtuid Bold on Comuilaslon.
BITSBLT CBIW.
JA8.D. 8IMU.\d,
SO
DinecTona:
i
WAL8TON H. BUOWN.
W. M.
Capital Paid Up, iCST 1,860 Sterllac.
rnmlMlon
on bftl-
''
'
Int<
Ukhbiht p. Brown.
Stewart Brown's Sons,
STOCK BROKERS,
Walston H. Brown & Bros
38 PINE STREET, NEW YORK.
BANKERS,
Simons & Chew,
NO. aO NASSAU STREET,
Maailwr N. V. rituck SzohanKe.
Mentbar N. Y. Prodaoe Kzohanjra.
LONDON, ENGLAND.
Now York.
Imnoes, which idhv he chi'cked l
lowii I.otin A Trust Co. 6 i"bought an d sold.
STOCK BROKERS,
BANK BUILDlNOt
No. 4
HnAM Dbwino. oijtuK
Stocks and Bonds Bnutiht &nd
3 ExcbaDKC Courts S3 Broadiva7,N.T
Stock*, Bonds and V. S. Uoremment Secmritlea
(LIMITBO),
N. V.
sell on oommiNNion, for Inrestnient or on
•ecnrltles dealt In at the New York Htock
all
Railway Share Trust Co.
V.
i
No* 18 Wall Street,
New Y*rk.
IINMIMT
•
<
DAVIS.
ill
S^nlierB and %xc^txs.
Members of the New York Hiork
DBALIIIN IN KoniCKIN Kxni
8UCCX8NOHa TO
IVOOD
:
A. O.
STREET,
KBNNEBY. Manager.
Samt
Hong Kong &
Kewr York.
Dirtetort as the Railway SKtirt Trutt
Shanghai
Company
(Limited).
BANKING ASSOCIATION.
Paid-up Capital
$7,500,000
4,4fiO0OO
400,000
7,500,000
ReserveFund
Reserve for EqualUatlon of Dividends
Reserve Liability of Propriutors
C^ Co.
BA KER
S
!V
No. 18
The Corporation grant Drafts, Issne Letters of
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore, Saii;on,
Manila, Hong Kong. Koochow, Amoy. Ningpo,
Shanghai, Hankow, Yokohama, Hiogo. San Francisco
II
,
WALI. STREET,
New York,
Transact a Oeoeral BanklnR Boslness, IndndLnir
the purchase and sale of STOCKS and BONUS for
cash or on margin.
Buy and
Sell
luventment Seenrltlea.
BOX 2,847.
p. O.
A. M.
KlDDDL
WATLAKI) T&ASE.
W. C.HII.I>
H. J, MoBSX.
47 William
THK
Anglo- Californian
St.
Bank
(LIMITED).
LONDON, Head Office, 3 Angel Court.
SAN FRANCISCO Office, 422 California St.
AKenta, J. A W. Sellgman A. Co.
NETV
BOSTON Correspond'ts, MaBBachusetts N. Bk
YORK
Antborlsed Capital,
Paid-up Capital, Reserve Fnnd,
iSoodtft
-
•
-
-
-
-
$6,000,000
1,500,000
400,000
So*
B A N K E t*
Sa Broadway, cor, Exchanse Place, N, Y.
Brnnch UtUce, \'iH Im Salle !$t„ Chtcaio,
TRANSACT A GKNKRAI, BANKING BI.'SINESS,
INCI.LDINti THK I'UltCllASH AND SALE Ot'
STOCKS AM) ISONU.S Kdlt CASK (ill ON MAUOIN. BLY AM) SKI.L I.N V KSTME.NT SECUIUINTEREST AXI.OWEU ON DEPOSITS
TIES.
SUBJECT TO CURCK AT 8IGUT.
P. O. Box 447.
C. W. MCLELLAN, Jr.
D A. BOODT.
RErBXN lkland.
BANKERS,
UNITED BANK BUILDING,
Corner Broadnrajr.
STOCKS, BO.VDS <t COilMEROIAL PAPER.
Street,
Stocks and Bonds boui^ht and sold on commission
at New York Stock Bxcbange. Advances made on
boflnew paper and otber securttlef.
Transact a general banking business. Issue Commercial credits and Bills of Exchange, available In all
Sarts of the world. Collections and orders for Bonds,
tocks, etc, executed npon the most favorable terms.
FRKD'K F. LOW,
)„
_
IGNATZ 8TEINUART,i""'°««*"-
P.N. LILIBNTHAL. Cashier.
Bank of
Blake Brothers & Co.,
LONDON, ENGLAND,
Sollc'lt aeoonnts and agencies of Banks, Ballway*.
(Corporations, Anns and Indlvlduala, upon faror
able terms; also orders for the purchase and
sale of Bonds, Shares, tc,
on Commlssloa
&c
on the Stock Exchange.
City Loans and
Commercial (Credit* available In all parte of
the world.
Hecotlate Railway, State and
lune
De Twentsche
Bankvereeniging,
B.
W. BLIJDEN8TEIN A
AnSTERDAm,
•
•
•
ESTABLIBHED
CO.,
HOLLAND.
1861.
- Qnllders (tSJMO.OOO.-)
7,871,100 (»3,148,44a-I
Snbscrlbed Capital, 8,000,000
Australasia,
(INCORPORATED
Sarplaa,
£1,915,556 SterUnc.
-•-••>
^
R
Wall
and London.
A. M. TOWN8END, Acent,
CAPITAL PAID UP, with
1835.)
Pald-Up Capital,
ReserveFund,
••
849,863 87
"
(t339,94S.Sfi}
Amaterdam.
4 Threadneedle St., London, Encland
PAID-UP CAPITAL, £1.800,000.
BRAUCBBS
Guarantee and Reserve Funds, £738,000.
Letters of Credit and Drafts Issued on the 110 LondoB— BXCHANOB A INVBSTMBMT BANK.
Head
branches of the Bank in the Colonies of (Queensland.
New South Wales, Victoria. South Australia, Tasmania and New Zealand. Bills n«(otlate4 or sent for
Collection. Telegraphic Tranaiers made. Deposits
received in London at Interest for Bxed periods on
terms which may be asoertalned at the oOce.
PBIOBAUX 8BLBY,
A. P.
so
8eai«tary.
TURNER CO.,
THREADNEKDLB 8TREBT,
A.
LONDON.
w.wT»op J New York
Stock Bxchsoge.
Office,
B.
No*. SO
w. Bludensteim & (X>.
A 66 Threadneedle Street. KO.
Retterdam-DB WIS8BL-en KFFBCTBNBANK.
Enacbodf>-B. W. BLIJDBNSTBIN, JR.
Almeloe-LBDBBOBR &
CO.
Transact a general Banking and Commlseloa Buel.
nes* In Bills, Stocks, Shares, Coupons, Ae.
NEW York
(XMiaESPONOENTS
Messrs. KMAUTH,NACHOD
* KUHMK
THE CHRONICLK
IV
[Vol. XL.
lew %uqXuu& ^KnUtvs.
&
L. de Steiger
Brewster,
Co.,
Cobb
&
BANKERS,
FRANKFORT-ON-MAIN, GERMANY.
M>onthtvn 'gnxihtxs.
Estabrook,
JUOBILB, AliABAinA.
Special attention paid to collections, with promot
remittances at current rates of exchange on day of
payment. Buy and sell State of Alabama and City
of Mobile Bonds.
Correspondents.— Bank of the State of New York,
New York; Louisiana National Bank, New Orleans;
Bank of Liverpool (Limited), Liverpool.
CONGRESS STREET,
No. 35
BOSTON.
MEMBERS OF THE NEW YORK AND
Bank, of Montreal.
THE CITY BANK OF HOUSTON,
BOSTON STOCK EXCHANGES.
CAPITAI^, $500,000,
ALSO,
CAPITAL,
-
8VRPI4U8,
-
C. F.
$13,000,000, Gold.
$6,000,000, eold.
SMITHIiRS, President.
W. J. BUCHANAN, General Manager.
KEW YORE
[Nos. 59
tc
Dealers In ncnnlclpal, State, Railroad
61 WAI.I, STREET,,
WALTKR •WATSON, ^eents.
Aepnts
ALBX'B LANG,
liOndon
Office,
In.
(
Chicago and throughout the
No. 22 Abcbnrcb liane
BOSTON,
•
President,
Vice-President,
ROBERT ANI)KRSO^,
GEORGE HAGUE, General Manager.
J. H. PLUMMER. Assistant General Manager.
BANKERS:
LONDON. BNG.— The Ciydesdale Bank (Limited.)
NEW YORK— The Bank of New York, N.B. A.
The New York Agency buys and sells Sterling Ex-
change, Cable Transfers, issues Credits available in
parts of tiie world, makes collectioDS in Canada
and elsewhere, and issues Uraf ts payable at any of
tiieofflcesof the.bank in Canada. Every description
Of foreign banking business undertaken.
JOHN
B.
HARRIS.
No.
7
Narr
BRASCBES:
Port Coibome, St. Thomas, Ingersoll
Welland, Fergus, Woodstock, Winnipeg, Man,,
Brandon, Man.
Dealers In American Currency 4 Sterling Exchange.
Agents in New York:
Agents in London
Bt. Catharines,
:
I
BosANQUET, Salt & Co., Bank op Montkkal,
59 Wall Street.
73 Lombard street.
I
I
Promptest attention paid to collections payable in
any part of Canada.
Approved Canadian business paper discounted at
the Head OfHce on reasonable terms, and proceeds
remitted by draft on New York.
No. 53 TVALIi
No.
§laitbjcvB.
CIRCII1.A11 NOTES Issued in Pounds Sterling
all _parts of the world.
COMMERCIAL, CREIIITS IfiSUED for use in Europe,
China. Japan and the East and West Indies. Also,
In name of NEW L,ONI)ON Sc BRA/.II,IAN
available in
BANK
Limited, available
134 SOUTH THIRD STREET,
in
No.
T
&
\
Agents.
Buchan,
SOUTH
.
&
Sons,
TREET,
TRANSACT A GENERAL, DOMESTIC AND
FOREIGN BANKING BUSINESS.
STOCK AND EXCHANGE BROKERS Wilson, Colston & Co.,
OENERAIi AGENXS,
BROKERS,
BANKERS AND
BALTIMORE.
TOKOXTO» CANADA.
Prompt attentton given
oIbI matters.
to collections and all flnan-
Correspondents— Bank of New York,
and Alliance Hank, Jjondon.
New York
OFFICE
CARPETS.
Before buying your Carpets, Linoleum, OU
Cloths or Mattings, call at BEiVDAIiIi'S
Car»'jt sioi-e, Z^4 Fultou St., Ijaseiuent
If not conllooi-. Cheapest place in the city.
venient to call, send f dr samples.
INVESTMENT
and
SOUTHERN 8ECUKITIB8
ipeolalty.
Correspondence solicited
J.
WM. MIDDENDOBF.
•
and Information fm*
^
Co.
nlsned.
N. Y. Correspondents—MoKlm Brothers
CITY NATIONAL BANK.
$500,000
Capital,
Collections
made on most favorable
i,
terras.
Correspondent, F.jurth National Bank.
Thos. D. GlLBEBT, Prest. J. FBEDEKIC BAAHS, Cash.
New York
W. Hafris &
Co.,
BANKERS,
INVESTIHENT
IV.
No 176 DEARBORN BTREET,
CHICAGO,
BONDS,
Town, Sehoo
and Car Trust Bought and Sold.
The f undinK of
Write us
II.Ii.
state. County, City,
if
entire issues receives special atten
you wish to buy or sell.
T
BALTllHORE,
ANO
21. 18S5.
OF GRAND RAPIDS, MICH,
HB
Texas Land
BANKERS,
the Brazils, Kiver
McTAVISH,
H. STIKEMAN.
Gzowski
City National Bank,
The National City Bank,
tlon.
gaXtimoxjje gaufejeics.
Robert Garrett
IBimlvetjs.
The City National Bank of Grand Kapids, In the
State ot Micliij5iin, is closing up its affairs, its corporate existence navins e.\pired at close of business on
tJie aist day of January, 188."). All note-hol,lei-s and
others, creditors of said association, are therefore
hereby notided to present the notes and other claims
aeainst the association for payment.
,1. FllEDEKlC BAARS, Cashier.
M. Shoemaker & Co.
and other banking business transD. A.
acted.
H
Successor to the
EGBERT M. JANNET.
Chicago.
Plate, 4c.
Bills collected
RICHMOND, VIRGINIA.
STREET.
sell
President.
Dated,.Jan'. 21, ias5.
PHILADELPHIA.
Sterling Exchanse and Cable Transfers. Issue demand drafts on Scotland and Ireland;
also on Canada, British Columbia, San Francisco and
Buy and
Ely,
BANKERS AND STOCK BROKERS,
or
BRANCH,
Fked. R. Scott, Vice-Pres't
GHAxr RAPins. Mien., January
Orders executed by private wire in New York, Bos
ton and Baltimore.
Drafts issued on all principal points In the United
S^Ates and Europe.
North America,
Casli.
Virginia Bonds funded under the Funding Act
per cent compassed by the last I.eaislature, for
New North Caroliiui 6 per cent bonds,
mission.
secured by lien on the State's stock in the North
Carolina ltatlr»,ad. for sale.
The
Gerlach,
M. SHOKMAKER.
Glk.vv,
P.
WSitsXtxM
CHESTNUT STREET.
PHILAI>EI.PaiA.
JOS.
Southern points on best
all
CO.,
BANKERS AND COMMISSION MERCHANTS.
No. 4,
No. 322
Bank
British
Boston-
BANKERS AND BROKERS,
Jos.
AGENCY OF THE
&
made on
THOMAS BRANCH &
BOSTON.
CAPITAL (paid op), - - -$1,600,000
SURPLUS, ...---- $678. 000 gjeuttsalwauia
H. 8. HOWLAND, Prest. D. R. WILKIE. Cashier
HEAD OFFICE, TORONTO.
F
JOH.v
BANKERS,
EXCHANGE PLACE,
Imperial Bank ot Canada.
parts of the United States
all
RICHjnOND, VIRGINIA,
Collections
MEMBER OF BOSTON STOCK EXCHANGE.
Agents.
JR..
made on
terms: prompt returns.
BO§TO.\, MASS.
&
A. K. WALKJEB, Cashier
Pres't.
MERCHANTS' NATIONAL BANK,
I.
No. 4 Ezcbaiige Place, Koo.M
61 Wall Street.
HBNRVHAGUK,
Cclleotlons
Samuel G. Studley,
COMMISSION STOCK BROKER,
Stackpole
all
BBNJ. A. BOTTS.Prea't
JOHN
New Yjrk and
Private Telegraph Wire to
on
1VI1.MI1VGTON, N. C.
Dealers in Commercial Paper, Government and
other Urst-class Bonds and Securities and Foreign
Bxchauge.
collections
National Bank,
First
WEVBOSSET STREET,
all
Now York Agencr* No.
BuRRuss.
B.
Bsg
HEAD OFFICE, MONTKEAl.
WEEMS. Cashier.
B. F.
& Co.,
PROTinElKCE, R.
$5,700,000 Paid Up.
$1,250,000
ANDKEW ALLAN, Esq.
•
C.C. Baldwin, W.
Mcllhenny, B. F. Weems.
Co.)
IHASS.
Wilbour, Jackson
Texas.
attention to
Botts, Prest; F. A. Rice,
B. Botts, Kob't Brewster. 8. K.
CHARLES H. SHELDON, JR.
JOSHUA WILBOFR,
BBNjAMiN A. Jackson, William Binnky, Jb.
S2
ffive
Directors.— Benjamin A.
Dealers In Municipal, State and Railroad Bonds.
OF CA.VADA.
Resei-re,
Co.,
BANKERS AND BROKERS
Merchants Bank
Capital,
special
accessible points.
STATE STREET,
No. 40
BB7 and sel!
and make collections
Dominion of Canada.
Swskt &
We
BANKEK8 AND BROKERS,
)
Sterling Exchange, Francs and Cable
Transfers; grant Commercial and Travelers' Credits,
any
part of the world; Issue drafts on
aTailable In
&
Dupee
(Formerly CHAS. A.
OFFICE,
Houston,
and United States Bonds.
Perkins,
Co.,
BANKERS,
BANKERS,
©atiadiati 'gmxkzvs.
&
Thcs. P. Miller
&
Mortgage
COMPANT LIMITED,
(OF I.ONDON, ENGLAND),
Transact a general Financial and Agency Businesi in
the State of Texas and Europe.
C. E. WELLK8LKT,
New York Correspondents:
General Manager,
BiiAKB Bros. & Co.,
DALI,AB. TEXAS.
Wall Street.
ESTABLISHED
P.
1871.
Keleher
F.
&
Co.,
OLIVE STREET, ST. LOUIS,
Dealers in W^estern Securities.
805
Defaulted Bonds of Missouri, Kansas and Illinois a
Specialty. Good Investment Securities, paying from
10 per cent, for sale.
4^ to
D. Q. FONB8,
President,
i
i
STATE BANK,
)
Incorporated 1875.
f
C. T.
WALKIB
Cashier.
WM. B. OLITBR.
National Bank,
Middendorf, Oliver & Co. German
I.ITXI.E ROCK, ARKANSAS.
BANKERS AND BROKERS,
(KEYSKR BUILDING^/
& 25 GERMAN STREET,
N08. 23
Box
397.
BALTINORE, MB.
Members Baltimore Stock Bzohange.
Capital (Paid in)
-
-
-
-
$800,000
to all business In our line.
N. T. CORBESPONDENTS.— Importers' ,* Traders
National Bank and National Bank of the Republic
Prompt attention given
I
MiBCB
THE (IHRONICLK
188\1
31,
StpuinX 'gmacsUntnts,
JlycctaX %nvt6tmtnts.
^KKBt ©omj^auitB.
Geo. H. Prentiss & Co.,
No. 40 WALI. ST., NBW VOKK,
Investment Securities
United States Trust Co.
OF NMW 70RR,
no. 49 WALL STREET.
BOUGHT AND
CIONTAGVK
308
Rome Wntertown *
& Rome
BROOKLYN.
ST.,
8»LD.
WANTED
AKD
OirwOKO
OAS STOCKS
Ot-M.
I-
Jollet A.Nortlii'
(Jrand llanlds \
mhurg Uttand tdii.
«."??'?''
ALBERT
and Stock.
and Bonds
BROOKLYN
TOPKKA, KAN.
Pres.
GEO. M. NOBLK, See
the oldest and largest Institution In Kansaa,
(iTitut exoloslve attention to the Negntlatlni; of
CUOTCK FIRST .MORT<; AOK LOANS lit high rates
Of Interest. It has negotiated over fr.oOO.OOO
of these loans for Savings Banks, Insurance Com-
SECVRITIJBS
DBAI.T
BBS GAS QUOTATIONS IN THIS PAPKF,
and private parties East. SencWor
panies, tSstates
circular.
Gmo.
W. W. Walsb
PBXNTias,
Jl.
Mamb«r N. Y, 8to<A Bzohuuta.
E.
21
IN
A SPECIALTY.
TRUST
CO.'S
TELEGRAPH
Bank
Cash paid at once for the above seonrttles or ttaej
irtU be sold on commission at seller's option.
;
STOCKIS,
NEW
YORK.
BOUGHT AND
Minneapolis, Minn.
Sp?,"'"' «'<entlo'i
CCtlOnS.C<'llection9 and
Coll £>.^<-i^„»
ces on day paid.
llVCJllllCilLo. proved City
P. Wintringham, 36 Pine
J.
Note: Tele|)lloue Call. 2S2
CITV RAII.KOAi).
Bank and other Stocks Bought and SoM.
BLAKE & CO., Private Bankers.
P. O. Box 320.
jninneapolls, ]ninn.
In this paper.
FOR SALE— STOCKS BY
given to
Property.
SOLD.
See QuotaMons of City Railroads
RemUtan-
N. T.
St.,
JOHN.
CITY KR. BONDS.
2tJ Broadway & 7tb Ave. «12.0l)0 2d Ave.con8.7s.l888
50 Cent. P. N. & E. R.
5.000 Third Av. 89, lh«0.
100 42d St. Manh. & St. N,
3,000 B'klynC. 5s,'92-lB02
-Mnth Avenue.
,50
20 Second Ave.
20 1'hird Ave.
4,500
SCRIP.
Dry Dock E. B.4 B.
tkCst
40Twenty-Third Street.
200 Brooklyn City.
Chlttendaa,
John ll.Rboadea
Anson P. Stokee,
B.MIntom
Uobt.
Geo.
II.
George
Warren,
Bliss,
William Libber.
John 0. Brown,
Edward Cooper.
LOUIS O. HAMPTON.
Assistant Seeretary
The Union Trust
611
AND
613
Co.,
CHESTNUT STREET,
PHILADELPHIA.
Capital
11,000,000
Company.
RAILROAD STOCKS t BONDS
Stocks. Insurance Stock*. CITY
8. R.
Charles E.Bill,
D. Willis James,
Wilson G. Hunt, John J. Astor,
VVm II. Maoy,
John A. Stewart,
Clinton (illbert, .H..M.Hunl(lngham
Daniel D. Lord,
II. K. Lawrence,
George T. Adee, Isaac N, Phelps,
Samuel Sloan,
Erastus Coming,
„ W. Bayard Cuttln
Paid-up Capital
900.000
Acts as Executor, Administrator. Assignee, etc.
and executes trusts of every description known to
the law.
All trust assets kept separate from those of the
BROADWAY,
No. 146
STOCKS,
V. Vice-President.
Second viee-Pree't
11.
TRVSTEES:
Anthomed
H. L. Grant,
STOCKS,
MA(
s. (.'LA R>i.
Dan. B. Arnold^ James Low,
Thomas Slocomb, W. W. Phelps.
DEALIM08 IN
CITV RAILWAY STOCKS
OAS
WILLIA.M
JAMBS
„
HENRY L. THORNBLL.
TlloRNBLL. Seorei
SeoretarT.
PINE STREET.
INSVRAIVCE STOCKS
NASSAU STREET,
DKALKB
Bailey,
S.
T
No.
INTEREST ALLOWED ON DEPOSITS,
Is
IN.
"~^- * " »a,ooo,ooo
^j^ . . s,641,«Oa
which may be mads at any time, and withdrawn after
aredays'notlce.and will be entitled t<i InMrast to
the whole time they may remain with the oomDanr.
Kxecntora, administrators, or trustees of esutee.
and females unaooustoiued ir.thetransactlonof bnsU
^•S*^*i^»*"sng\ua»iina benevolent Instltutlona.
will Hnd this company a convenient deposltnrr
money.
JOHlf A. s'lKWAIlT. President. for
8WBET.
T. B.
-
^^
HACIIPIELD,
E.
THB
Kansas Loan & Trust Co.
all kindh or
jlsv
-
." • '•?»' <i«Posltorr for money* paid
i,To conrt,
!; S^'^'y
Into
and Is aalhorlsed to act as nariluiai
receiver of estates.
,..-:;„ Iionds.
,,
No. 6 Wall Street.
Street Railroad Stocks
-
Ills,
.
i
Detroit Atackiiut'
OAS SECVRITIES,
"
'
'
Surplna,
'
I
CO.
40 Am. Loan & Tr.
25 Farmers' Loan & Tr.
Burglar- Proof Safes to rent at tS to tOOperannnm.
Wills kept In Vaults without charge.
Bonds, ^tocks. and other valuables taken nnder
guarantee.
Paintings, Statuary, Bronzes, etc., kept In PlreProof Vaults.
Money received on deposit at Interest.
JA8. LONG, Pres't. JOHN G. READING, V.-Preet
S. STOKES. Treasurer A Secretary.
D. B. PATTERSON. Trust OfBoer.
DiBECTORS.— James Long, Alfred S. Olllett, Joseph
Wright, Dr. <:harles P, Turner, William 8 Price.
John T. .Monroe, W.J. Nead, Thomas R. Patton, John
G. Heading. Jas. 8. Martin, 1). Hayes Agnew, M. D.
Jos. I. Keefe. Robert Patterson. 'I'heodor C. Engel,
Jacob Naylor, Thos. G. Hood. Edward
Perkins,
Philadelphia; Samuel Kiddle, gle.v Hiiidlk, Pa.;
Dr. George W. Relly. ilAiiuiSBLiHa, Pa.; J. Simpson
Africa, HDNTINGDO.N Uenry S. Bckert. RKADINO;
Edmund S. Doty. Mifklintown W. W. H. Davis,
DoT~LX8T0WN R. B. Monaghan, WIST Chkstcb ;
i-'has. W. Cooper, Allxntown.
MAHLON
U
;
;
Safe Investments.
7 PER CENT BONDS and MORTGAGES
NIOOTIiTED BT THK
First National Banlc, Corning, Iowa.
Choice
first mortfiaKes in the best FarminK Districta
Kansas and .Nebraska. Interest
paid at your own home in N, Y. Exchange. Twelve
years' experience in loanlni: for Private Investors
and Trust Funds. Send for circular giviuK full particulars as to loans, references, etc. Interest from
date of receipt of raonev.
CHA.S. C. .Norton, Casb'r. Lew K. Oarbow, Pres't.
THE
11,000.000
OF EQUITABLE GAS BONDS
of Baltimore which we nave been advertising for
several days have been closed out at par and inA few Bonds can be obtained at 102>^ and
if applied for soon.
They are a 6 per cent
interest
mortgage Bond, due in 1913, Interest payable
April and October.
Particulars on application.
flrst
JOHN H. DAVIS
17
WALL
Son a Co., Bankers, N. Y. City,
Merchants' National Bank. Chicago, Ulinola
ic
STREET,
Ruction
Refer to
in
YORK.
§>nJies.
t'l
NKW
F. M. Mills. President
H.
J.
e Undersigned hold
BALE,") of all classes of
STOCKS AND BONDS
No.
ransom. Cashier.
7
11.
MVLLER
Ac
SON,
PINE STREET. NEW YORK.
pondence.
Capital,
»1<i«,000.
careful attention (jlvento all corresCollections made upon favorable terms.
THE
SCCCEaSOR TO
Co.,
FIRST MtlKTtiAUE l.OA.NS lIl'O.N IMPROVED
JAH.M.S. Interest and principal paid on day of maturity in Sew > ork. Funds promptly placed. Large
experience. No losses. Send fi,r circular, references
'
pf New
concerns orKanlilnff
will
have their
or*
ders promptly executed.
No.
^'-
WILLI An STREET,
1
(HANOVER SQUABBJ
SIIIl'I.KV, President.
Cor. of
Montague
This Company
Is
i. Clinton stj., Brooklyn, N, Y.
authorised by special charter to
EDMUND W.0OPLIE8,
TRUSTEES:
Vice-Prest.
JoslabO. Low, E. P. Knowlton, Uenry K.Sheldon
Alex. M. White, John T. Martin, C.D.Wood.
Fred. Cromwell, Henry Sanger,
A. A. Low.
JohnP. Rolfe, Wm. H. Male,
Alex. .VcCue,
Ripley Bopee.
Mich lChauncey,B W.Corlles,
Wm. U.Kendall, H. E. Plerr»p<^nt.
jAa. Boss CtTHRAN. Secretary.
Metropolitan Trust Co.,
Mills BiilldlUK,
PAID
CrP
3ft
Wall
St.,
CAPITAL,
New
York.
91,000.000.
Depository by order of SuDesignated
preme Court. Receive deposits of money on Interast,
act as dseal or transfer agent, or trastee for oorporalions and accept and tiecnte any laaial trusts from
persons or corporations on as favorable terms sj
other similar companies.
THOMAS IIILLHOUSK, _President.
rRBDBBIC I>. TAPPKN. Vtee-Prasldenl
as a legal
Fabius M. Clarke,
ATTORNEY AT LAW,
Farm Mortgages
In Sumsi of 8100 and Upwards on Indiana and Oliio Lands.
NOTHLNG SAFKR. ALWAY" PR<)MPTI,Y PAID
^^
SEND FOR PAMPHLET.
JOS. A. mOORE,
84 Baat market St.. IndlauapoIU, Ind
Bunks, Bankers, Stock Brokers and CorBooks
ttupplie^
poratiunr with complete outflts of Account
and Stuilonery.
P1*;HK1NS, President; J. T.
"• i'KHKI-NS. Secretary;
Wahl'bViTySSi.'J.'CHAb.
W. GILLKTT. Treas.; N. K. UART, Auditorl
Si?.'.''*;.'""'!'*-
SEARS A COLE.
STATIONER AND PRINTER,
LAWRENCE, KANSAS,
Offers to Investors the best securities in the market.
W.
ISM.
Eugrene K. Cole,
>VESTER9;
Farm Mortgage
ESTABLISHED
It.
WISTAR BROWN. Vice-President.
ASA S. WING, Vice-President and Actuarj.
act as receiver, trustee, guardian, executor or administrator.
It can act as agent in the sale or management of
real estate, <»llect Interest or dividends, receive
registry and transfer books, or make purchase and
sale of Government and other securltlee.
Religious and charitable institutions, and persons
unaccustomed to the transaction of business, will
And this f'ompany a safe and convenient depository
HIPLEV ROPKS. President.
for money.
pXlsccllaujcowB.
I»KS inOINBS, lOTITA.
SAM'L
The Brooklyn Trust Co.
o»
WEDNESDAYS AND SATURDAYS,
AOKIAIV
which its capital and surplos
fund furnish ample security.
All trust funds and investments are kept separate
and apart from the assets of the company.
The income of parties residing abroad carefnlly
collected and duly remitted.
ful performuiice of
T.
Merchants' Nat'l" Bank,
Prompt and
is allowed, and is empow*
E.XECUTOK, ADMINISTRATOR. TRUSTEE. (iUAKUIA.N, ASSiaNEK, CO.MMITTEE, RECEIVER, AtiE.NT. etc., lor the faith-
ered by law to act as
Capital, »150.0f0.
Iowa and Eastern Kansas
Moi-ttiat'us. Interest tt to 8 per cent. Security
three Ci' time:* iimnunt --f Lnan. Also for sale 6 per
cent Debenture Bonds, secured by tbree (3) times
their face value in Guaranteed Iowa MortKaKCs. All
security purs..iially Insj^ecled.
Kor particulars or
references address the
ENGLAND MOKTGAGfc; A INVKSTMKNT CO.. Des Muixes. Iowa.
(CHAKTKR PERPETUAL.)
«l,000,00O
ASSETS SI 5,621,530 63.
INSURES LIVES, GRANTS ANNUITIES, BBCEIVE.S MONEY ON DEPOSIT, returnable on de-
CAPITAL
mand, oron which interest
STOCKS and BONDS
New England
At Auction.
Mortgage & Investm't Co
EEGDLAR AUCTION
Fhrm
H E|
Provident Life & Trust Co
OF PHILADELPHIA.
Incorporated Third Mo., 22d, IHbS.
CO.,
NEW
Gii..M.\.v,
Incorporated.
T
terest.
in Iowa. Missouri,
Offers carefully selected
;
TOPEKA, KANSAS.
I
and corporation law and manldpal
c
'
t>.
-
WALTER
J.
BRITTIN.
Secre'nrv.
les.
Hon. D. J. Brewer, U. 8. Circuit
Ju.iK,. I... .,.11 Banking Co.. New York; Eastern
Banking Co. and Gen. F. A. Osborn, Boston, and the
Bank of Topeka. Topeka, Kansas.
1
:
loans
Mt>KTi«AiiF'*.—<inly the most desirable
Absolute safety and satisfaction. The Kana
Missouri Loan Trust Co., Wyandolie. Kansas.
:
:
:
:
THE CHRONICLE
VI
XL"
[Vol.
?flwawcial.
FINE
6
SIOUX CITY RR.
NEW YORK,
March
CO., 58
WILLIAM
SlliEET
11. 1885.
BALTIMORE & OHIO
NOTICE. — A
ST.,
SBMI-ANNUAL DIVIDEND of
TWO PER CENT has this day been declared
RAILROAD COMPANY,
Company, payable on the 16th
day of April next, at the office of Messrs. John
Paton & Co., No. 53 William Street, New Y'ork, to
(PiTisBuna DIVISION,)
upon the stock of
President
Ist Vice-President
Vice-President
8d
Sd Vice-President
JOHN C. SHORT
FRANCIS A. WHITE
JAMBS 8. NBGLEV
THKO. B. TALBOT
WM. P. WATSON
THE DUBUQIjE &
rvFFICE OF
AMERICAN
COMP'Y,
FINANCE NEW
YOKK.
this
stockholders of record at the closing of the books.
The transfer books will be closed on the 31st Inst,
and re-opened on the 17th day of April next.
G. H. CANDEE, Treasurer.
Seo'y and Treas.
FIVE PER CENT
40-^^ea,r Grolcl
TTOOTESTAKE MINING COMPANY,
Authorized Capital Stock, $1,000,000.
500,000.
Paid In
^MiLLS
New York, March
SOUND INVESTMENT BONDS f urnislied to
SaT
and_
IngB Banks, Insurance Companies, Executors
Trustees of Estates, and individual investors.
UNITED STATES BONDS, State Bonds, Municipal Bonds, Railroad Bonds, bought and sold.
DEFAULTED BONDS
of States, Municipalities
and Railroad Companies negotiated or collected.
CALL AND TIME LOANS made on United States
Bonds and good Municipal and Railroad Bonds.
FINANCIAL AGENCY for railroad companies and
otner corporations. Will also conduct the reorganisation of railroad companies and other corporations
whose bonds are in default or whose property is in
the hands of Receivers or Trustees.
RAILROAD LOANS negotiated.
Circulars on application.
DUE FEBRUARY
Building, No. 15 Broad Street,
DIVIDEND NO.
17, 1885.
1925.
INTEREST PAYABLE FEBRUARY
AUGUST
79.
regular Monthly Dividend-TWENTY-FIVB
per share— has been declared for February
payableat the office of the Company, San Francisco'
1,
Bonds
1
AND
1.
The
CENTS
New
York, on the 35th
Transfer books close on the 30th iiist.
LOUNSBBRY & CO., Transfer Agents.
or «t the Transfer Agency, in
Total Issue, Ten million Dollars
rvFFICE OF THE ONTARIO SILVER
Principal and Interest Payable In
In U. S. GOLD COIN of the
present standard of vrelgbt and fine -
^MINING COMPANY
ness.
Inst.
Broad
street.
New
(MILLS BUILDING), No. 15
York, March
DIVIDEND
New York,
SO, 1885.
NO.
105.
of FIFTY CENTS
per share has been declared for February, payable at
the office of the Company. San Francisco, or at the
Transfer Agency, New York, on the 31st inst.
Transfer books close on the 25tli.
LOUNSBERY & CO.. Transfer Agents.
The Regular Monthly Dividend
UNION TE1.EGRAPH
American Surety Comp'y WESTERN
COMPANY. NEW York. March
DIVIDEND No.
A portion of
and
Interest,
the above loan for aalo at 102ia
sulyect to advance witliout
notice.
HAIiIiGARTEN &
SPEYER &
I..
Ton
CO.,
CO.,
HOFFMANN
Sc
CO.
11. 1886.
71.
Cash Capital, $500,000.
General Office, 160 Broadway, New York.
RiCH'D A. Elmer, Pres't. Lyman W.Briggs, V.P
This company will act as surety on Bonds required
in the
'.-'ourts.
.
^
,
,,
^,
..
,
It is the only Company organized in the United
States devoted exclusively to Suretyship, and with
all its assets invested in this country.
It guarantees the honesty of Officers and Employees of Railways, Banks, Telegraph, Telephone
and Exnress Companies, and persons employed by
corporations and business houses holding positions
of trust and pecuniary responsibility.
E. I). L. SWEET & SONS, West 'n Managers, Chicago
K. FOX, Agent and Attorney, Philadelphia
GODFIIKY MORSE, Agent and Attorney, Boston.
St. Louis.
BASOOM & MUNSON, General Agents,
BROWN.CRAIG & CO., Gen'l Agents. SaniFranclsco.
HENRY
JBonds of Snretysliip.
The Guarantee
Co,
OF NORTH AMERICA.
Cash Capital
CashAssets
Deposit with Insurance Department
SiK ALEX. T. Oalt,
Managing Director
**S9'ffiS
J''9'S!!S
214,000
Vice-President
Hon. Jas. Ferrier.
President
Edward Rawlings.
NEW YORK OFFICE
NO. Ill BROADH'Air.
:
D. J. TOMPKINS, Secretary.
NEW York Directors—Joseph W. Drexel, A. L
Hopkins, H. Victor Newcomb, John Paton, Danle
Torrance. Bdw. F. WInslow. Brastus Wiman.
FIDEliITY
&
CASIJAL.TY CO.,
NEW
YORK216 BROADWAY,
Officials of Banks, Railroads and Express Companies, Managers, Secretaries, and Clerks of Public Companies, Institutions and Commercial firms, can obtain
Nos. 214
&
BONDS OF SURETYSHIP
Company at moderate charges.
The bonds of this Company are accepted by courts
Of the State of New York.
from
this
CASUAI.TY DEPARTMENT.
Policies issued against accidents causing death or
totally disabling injuries.
Full Information as to details, rates, &c., can be
obtained at head office, or of Company's Agents.
WM. M. Richards, Prest. John M. Crane, Seo'y.
RoB'T J. Hillas, Ass't Secretary.
DIRECTORS
W. G. Low,
David Dows,
Geo. T. Hope,
Charles Dennis,
A. 8. Barnes,
G. Q. Williams,
J.S.T.Stranahan, H. A. Hurlbut, Alex. Mitchell,
D.
Vermilye,
S. B. Chittenden.
J.
A. B. Hull,
Wm. M. Richards.
Geo. 8. Coe.
MAMHATTAW
Safe Deposit& Storage Co
346
&
348
BROADWAY,
NEW YORK.
Corner of Leonard Street
Safes to rent from $10 to $200 per year,
AND CAN BE RENTED FOR A
DAY IVEEK OR MONTH.
^HKiuiAN 8. Jewett. Pres. Josiah Jewktt, V.Prea
William C. Cobnwell, Cashier.
Bank, of Buffalo,
CAPITAI^,
-
BUFFALO,
$300,000
N. Y.
facilities for making collecaccessible points in the United States,
Liberal terms extended to
Canada and Europe.
accounts of bankers and merchants.
This bank has superior
tions on
all
COHRESPONDEKTS.— New York, National Shoe &
Union Bank of London,
Leather Bank
;
ic WESTINDIANA BI.OOM1NOTON
COMPANY.
ERN RAILROAD
i-
The interest on the First and Second Mortgage
Bonds of this company, due April 1, will be paid on
and after that date at the office of the Corbin Banking Company, 115 Broadway.
"*
F.
W. DUNTON,
Treasurer.
COMPANY
ESTERN RAII.ROAD
PAUL & NORTHw?
OF MINNESOTA (now
ERN PACIFIC RAILWAY COMPANY.)
ST.
OTHER BUSINESS.
ifO
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 earnings of the three months ending 31st inst.,
pavable at the office of the Treasurer on and after
the 15th day of April next, to shareholders of record
on the 20th of March instant.
The transfer books will be closed at 3 o'clock on
the afternoon of the 20th of March inst., and opened
on the morning of the Sd day uf April next.
R. H. ROCHESTER, Treasurer.
hereby given that the undersigned, the
trustees under the mortgage dated May 1, 1881,
made by said company to us, to secure an issue of
140 bonds of *1,000 each, all of that date, have designated, and we hereby call in, for redemption, as provided in the mortgage, all the oiUstanding bonds of
said issue, namely, bonds numbered as follows.
120
99
'36
78
15
'37
121
100
79
16
133
101
80
44
17
123
102
81
45
18
134
103
82
46
19
125
101
83
47
20
128
105
84
48
21
137
108
85
49
22
128
107
86
60
23
129
108
87
51
ii4
180
109
88
52
25
181
110
89
53
26
183
111
54
90
27
133
113
91
iJK
56
134
113
92
57
28
135
114
93
58
80
136
115
94
,S1
59
116
95
83
60
117
96
73
83
118
87
84
76
119
98
77
35
^Being one hundred and one (101) bonds of $1,000
Notice
is
bonds must be presented and delivered to
& Co., bankers, 28 Nassau
Street, New York City, for account of the undersigned trustees, on or before the first day of May,
1885. The interest on any bond not delivered by
that day shall thenceforth wholly cease.
The
said
Messrs. WInslow, Lanier
^OCTOBER 22,
WILLIAM
S.
LANE.
I
Car Trust Bonds.
WB MAKE A SPKClALTr OF THESE VERY
8AFB SECURITIES, AND BUT AND SELL 8AMII
AT MARKET PRICE.
WE OFFER A LIMITED AMOUNT OF DESIB
ABLE CAR TRUST ISSUES, ADDITIONALLY
SECURED BY THE DIRECT OBLIGATION OF
THE RAILROAD EQUIPMENT COMPANY.
POST,
corthe close of
its affairs, Its
Dated March 7th, 1885.
JAS. C. COOK, Cashier.
Notice:.—THE
fokt "wayne na-
tional BANK, located at Fort Wayne, in the
State of Indiana, is closingupits affairs, its corporate
existence having expired at close of business on the
24th day of January, 1885. All note-holders and
others, creditors of said Association, are therefore
liereby notified to present the notes and other claims
against the Association for payment.
J. D. BOND, Cashier.
Dated Jan. 26, 1885.
Fifth
Avenue
HOTEL,
Madison Square,
STEW YORK,
.
CO.,
&.
PINE STREET.
&
Reed
Flagg,
Duncan Building, Cor. Nassau & Pine Sts,
ENTBANCB
No.
11
PINE STREET,
BROKERS AND
:b
I>X:AI.ERS
o TV i>
Moore
&
s.
Schley,
MEMBERS NEW YORK STOCK EXCHANGE
26
BROAD
ST.,
NEW
ITOBK.
Private Wire connection -vritli PUladelplilB,
Baltimore and Washington^
&
Spencer Trask
Bankers,
Co.,
Nos. 16 AND 18 Broad Street,
Transact a General Banking Businesi
Branch
Offices:
Connected by Private Wires.
The Lawest, Boat Appointed and Most Llberallj
ManuKed Hotel in the City, with the Most Centra
and UeliKlitlul Location.
„ „
_, ,„„ * „„
CO.
DARLING
HITCHCOCK,
MARTIN
No. 34
m„,,„p_
^^stees.
State of New York, is
porate existence having expired at
business on the seventh (7th) day of March. 18Sd.
All note-holders and others, creditors or said association, are therefore hereby notified to present the
notes and other claims against the association for
closing up
York.
bear and their great security, have necessitated a
very considerable extension of territory in which to
secure them. We were never able to offer a more
choice line of these securities than at present. Investors should bear in miud that we hold here in
New York record evidence of more than twenty-flve
vears' active work to make good all we claim. This
record we are not only willing to show, but solicit
for it the closest scrutiny by parties holding surplus
funds which they desire to place for a term of years
where there is ABSOLUTE SAFETY and a MOST
RKMUNERATIVE RATE OK INTEREST. Results
of sucli an investigation will fully confirm all we
have said in respect to the great value of t liese flrat
mortgage loans when they are made through our
company, surrounded as they are by all the safeguards our long experience has enabled us to provide.
i
THE UNION NATIONAI.
NOTICE.—
BANK of Albany, located at Albany, in the
New
115 Bi-oadway,
A:fD 8 PER GENT FARM: MORTGAGES.
The growing requirements of our regular inresting
clients, who have taken these mortgages for manyyears, coupled with tliose of new investors, attracted
to them because of the high rate of interest they
7
1884.
CHARLEMAGNE TOWER,
payment.
The Corbin Banking Co.
..
Philadelphia, 133 South Third Street.
Albany, N. Y., 65 State Street.
Providence, R. I., 13 Westminster St.
Saratoga, N. Y., Grand Union Hotel.
JHI
fiitanciat;
f«ttewwm
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCLUij INTERESTS OF THE UNITED STATEa
lEntered aoconlljig to act of Conffress, In the year 1886, by Wm. B.
VOL.
Dana & Co., In tha office of the Librarian of Oongrcsa, Washington,
SATURDAY, MARCH
40.
CONTENTS.
NO.
1885.
21,
D. O.J
1,030.
total increase is but 1 '7 per cent against 8 7 per cent
ago, Boston's excess being
THE CHRONICLE.
now
''
a week
only 1'3 per cent against 11*2
per cent on March 7.
347 Monetary and Commerolal
At New York there is a loss exhibited of only 16-6 per cent
348
English New«
353
St. Paul & Oiuakn's OlTldenil
Commercial and Mlsoellaneous
against a decline of 40-5 per cent a week ago. The transacCapacity
350
News
355
Growth of Burlington ifcQuincy 351
tions on the Stock Exchange reached a total of 1,352,178
Cleaiing-House Retnrnn
The
I
Fliiiuiolal Situation
1
|
i
|
THE BANKERS' GAZETTE.
shares, against 1,309,844 shares for the same period in 1884,
a!>0
360 and covering a market value of $90,338,000 and $89,001,000
Railroad Earnings and Bank
respectively in the two years. If, therefore, we pursue our
Returns
301
usual method of deducting double these values from the total
Investment and Railroad Intelligence
362 exchanges at that city, we have
$308,033,774 and $400,596,368
Monpy Market, Foreign Ex-
QuotationsotStooksandBonds
change, U.S. Securities. State
and Railroad Bouds and
8to k»
357
Kango in Prices at the N. Y.
Stock Exchange
358
lx)cal Securities
THE COMMERCIAL
Commercial Epitome
365
363
Gotten.
TIMES.
I
Broadstuffs
I
Dry Goods
372
373
as representing the exchanges otherwise arising, or a falling
off of 23'1 per cent against a decline last week of 53-6 per cent.
New York the week's total is $233,749,631, against
$247,504,180 in 1884, or a decreaseof 9-6percent. Presented in
Outside of
Thi CoMMBBOiAL
New
(
Fi5ANciAL Chboniols m pvUished in
York every Saturday morning.
Entered at the Post Office,
New York, N. Y., as seoond^jlags mall matter.
TERMS OF SUBSCRIPTION-PAYABLE
IN
ADVANCE
Per One Year (including postage)
ForSlxMonths
do
Annual subscription in London (Including postage)
Sixmos.
do
do
do
810 20
6 10
£2
*1
cover
is f iiraished
at 50 cents
—
{Cotton
haJei.)
(Grain... bushtls)
78.
Ss.
postage on the same
la
18
Volumes bound for subscribers at $1 00.
Offices In
The
;
office of
the
England.
Commercial and Fi.nancial Chronicle
{Ptlrolt\im..bbls.)
Boston
ProTidenoe
Hartford
New Haven
Portland
Worceiter
gprlnsfleld
London Lowell
Drapers' Gardens, E. C. where
in
with Messrs. Edwakds A Hmitu, 1
subscriptions and advertisements will be taken at the regular rates,
and slu»:le copies of the paper supplied at Is. each.
The oflico of the Curoniclb in Liverpool is at B 15, Exchange
uUdings.
Is
(1,852,173)
iStoc)a....»hares.)
Subscriptions will be continued until definitely ordered to be stopped.
for remittances unless made by
file
»182,6S8,77J
14.
1884.
Wuk £nd(ng J/areJk 7.
1885.
-18-6
$578,998,868
$612,845,391
Percent
-40-6
SalM o/—
The publishers cannot be responsible
Drafts or Post-OIHce Money Orders.
neat
1885.
New York
i
Theft) prices Include the Investors' Supplement, Issued once in two
months, and furnished without extra charge to subscribers of the
A
Week Ending March
I
'.'HRoNICI-K.
cents.
our usual form, the details for the different cities are as follows:
ATTD
.^T, r..u •> n»w. )'WIIiI,IAjr B. DANA Sc Co.. Publlsliers,
William Street,
YOUK.
S^=i n
FLOTD. ?^ '9 * 81 p^^j, opf.,cE Box NfiW
»OHN
O. v^"«Tn
958.
CLEARING HOUSE RETURNS.
Total N. England
Philadelphia
Pittsburg
Baltimore
Total Utddle....
Chloago
ClncUmatl
Milwaukee
•
(513,200)
(38,871,285)
(46,344,000)
»31,607,114
4,t7«,500
1,890,030
1,001,554
8.35,394
«6«,779
820,374
496,308
(+11-7)
(272,700)1 (+88-2)
(27,838,000)' (+39-5)
(60,501,000) (-23-4)
(1,209,844)
$60,803,214
3.787,700
1,808,679
952,182
880,100
847.060
732,015
452,273
i
(1,836,964)
(-61)
(335,100)
(+42-6)
(+43-0)
(-24-71
(86,950.000)
(&(,802,0a0)
+1-3
+10-3
$88,992,408
3,521,500
-130
1,6.36,421
+6-2
+0-8
+3-0
+12-9
+9-7
1,122,203
823,889
602,178
737,301
367,920
+U-8
-8-S
-11-7
+8-9
-0-7
7
-S-6
-K
»71,000,050
$69,813,203
+1-7
$77,093,861
+8-7
$40,819,799
5.986,793
10,808,429
$(6,300,564
—12-9
11,748,828
—190
$42,042,466
7,036,252
11,706,091
—77
12,.'Ml,ig3
—19-0
-28-9
+1-9
$57,113,021
$89,735,283
-181
$61,419,911
-16-9
$38,173,639
8,473.100
3,241,497
$40,059,378
10,079,100
2,595,924
2.473,788
1,414.205
1,779.308
1,338,211
-9-7
-15-9
+24-9
$42,161,186
-14-7
-14-6
+19-0
-8-5
-31-9
-«-l
+6-S
-8-8
9,120,500
3,400,445
+141
2,822,179
2,5,S0,362
The present week's exhibit of exchanges records a decline Uetroit
-257
Indianapolis
1.050,930
1,080,7:10
volume from the figures of March 7 of over 153,000,000, in Cleveland
-0-4
1,772,186
1377,811
+0-2
which all the cities except five participate, New York con- ColojnbuB
1,362,601
1.341,188
-2-8
Peoria
897628
964,092
872,516
tributing almost $30,000,000. In some sections special causes
-12-7
-81
Total Western..
$55,747,155
$60,037,535
$82,527,727
had an adverse effect upon business, the Southern sections
-25-1
—16-9
$13,075,798
$17,485,751
$15,013,846
suffering in consequence of the strike on the Gould South- St. Lonls
-18-7
St. Joseph
630,300
911,843 -ao-9
818,268
western railroad system. In 1884, however, there was a much Netv Orleans
-25-8
-874
7,713,812
10,896,038
8,108,988
—7-1
greater falling off, the clearings at New York dropping from Louisville
4,217,086
+6-2
4,770,699
3,918,375;
+2-4
+23-6
3,090,033
3,017,534
3,686,159
$800,677,806 March 8 (an unusually heavy total during late Kansas City
Memphis
+43-1
1,549,033
1,518,733
2,021,037
+20
years) to $.'578,508,368 on March 15, or a loss of $383,079,438.
Total Sonthem.
$29,977,151
$37,527,888 —20-1
$34,423,391
-U-9
Therefore, notwithstanding the lesser volume this week this
+8-5
San Fisndsoo
+1-6
$9,912,244
$9,770,278
$11,287,435
year, the comparison with a year ago is much more favorable
Total all
$759,997,716
$706,438,3951 $828,102.548
than for some time past in fact, but one week since we began
The returns received by telegraph from some of the leading
our record has shown a smaller percentage of decline than the
present statement exhibits. The unusual severity of the cities for the five days, as a whole make a less satisfactory
winter has doubtless had its effect upon general business comparison with 1884 than those of March 13.
FIvtjyy Xnd'f Mar. 13
Five Day EncUno Mar. 20.
daring previous weeks, and the continuance of cold weather
has some influence even now on spring trade.
Ptr Cent.
PerOmt
1884.
188B.
1886.
The aggregate clearings for the week are $706,438,395, New York
-8 J -8
-aarn
$384,049,388
$354,578,018 $6(><.88»,6ai
<+r9)
against $826,102,548 for the corresponding week last year, or a Sale of stock (•»•.)
(l,I39,B5a)
(1,168,098)
(996.978) (+18-7)
-»8
-8-S
60.138,8881
63,843,08?
48,664,273
decrease of 14-5 per cent. On March 7 the loss reached 33-6 Boston
-ir*
-170
S3,8M,T»I
in
;
per cent. Thirteen cities record exchanges in excess of 1884,
against only nine a week ago. In the New England section
Hartford is the only city which falls behind 1884, but the
Philadelphia.. .
Baltimore....:..
St.
Lonls
Total..
85,870,879
11,108,004
11,386,401
48,880,470
+»»
10,106,267
:8,899.«83
-18-2
"JTai jiSH.tSfl' 't828.3S8!608
-88-8
8.748.868^
—la-o
-89-»
»I87J10.10B
- 19-
.'>
THE CHRONICLK
348
THE FINANCIAL
In commercial
XL.
the first two weeks of March, so far as reported, are the best
the roads have had for a long time; and the prospects as
SITUATION.
there have been no
affairs,
[Vol.
important
any
developments during the past week. "We do
reason for modifying our previously expressed opinion,
that ever since the first of December an improvement^
somewhat fitful to be sure, has been in progress. Imnot see
to
trafiic
during the
evidently point
It
to a
summer months
improvement over 1884.
spring and early
continued
should perhaps be mentioned in this connection (although
looking a long way ahead) that the reports with regard
it is
to the next wheat crop are claimed to indicate a less promprovement however does not mean, we are so securely ising outlook in the southern portion of the winter wheat
established on the new road to prosperity that there are to district than a year ago. This is charged to the uncovered
be no more liquidations, or that demand has in all cases condition of the plant in that section under the wide range
overtaken production. The latter is certainly not true as of temperature which has been so marked a feature of
But harm in that particular is a
to some branches of the cotton goods trade at least, and to this very cold winter.
make goods to be slaughtered, as they must be while the very remote contingency, by no means even assured yet,
relative prices for them and for the raw material are as now and if reahzed may find some compensation in other conruling, does not seem to argue any surplus wisdom in ditions.
Still, it cannot be denied that confidence in Wall Street
management. Wherever therefore current requirements
values
has been on the wane during the week. As already
spindles
of
is
absorb
current
supply,
the
stopping
not
do
As a rule in all said, this does not apply to the best properties, though of
likely in the end to be the forced result.
departments, less goods at a less cost have of late been course even they get shaded slightly at any passing cloud.
thrown upon the markets, and it need discourage no one, It was, for instance, unfortunate for growth of confidence,
should circumstances for a time make such a policy im- to have the Nickle Plate bonds drop so materially.
Per-
where the decrease haps it ought to have been accepted as a possible contemporary move- tingency. That road was built to sell and not to run.
Lake Shore took it under its protection simply as a. measment.
ure
of safety, and it undoubtedly has been a heavy load.
That course seems perhaps even more desirable in view
But
being built, and with West Shore rapidly stretching
of the improving demand in our dry goods trade the past
out
to meet it, it seemed at the time essential that it
or
three
weeks.
two
Evidently there is a very fair
distribution of goods in progress, but in certain conspicuous should be controlled.
Possibly that view is modified now
cases prices do not cover cost and do not seem to improve by the Pennsylvania's discovery that pools are not a necesagain
perative
in
quantity
in^
some quarters
produced was
a
very
they are more sity to the old roads.
But looking at it in any aspect,
But aside from this what a commentary its brief history is upon the folly of
feature
which may possibly pass away under an improving allowing such a needless, foolish waste of capital as the
demand, though more likely will not cure itself except as construction of such a parallel line must always prove.
suggested through an enforced contraction in production No interest was or could be benefited by the venture.
the commercial outlook has much in it that is reassuring- There were rails enough before to carry several times the
The weather continues unusually cold and wintry, checking trafiic offered. Besides, it never did much more than masdevelopment to some extent, yet buyers, especially from the querade as a railroad. And yet all this does not mean
"West, are more largely represented in our markets than they that the bonds are not secure; for the connection of • the
were, while the reports from the various centres of trade road with Lake Shore, which gave the bonds their charac
East, "West and South, though to less extent from the latter
ter in the market, seems almost indissoluble.
are in general fairly favorable. Still, purchasers are everyAnother disturbing influence was the disclosures reswhere cau.tious and show great disinclination to stock up, pecting Pacific Mail Steamship Company, and the Union
satisfying themselves rather by simply providing for Pacific and Central Pacific Railroads.
For a week or two
immediate wants. This policy is however not an indica- the steamship company has been the subject of special
tion of lessened requirements for the country trade; it is favor, so far as rumor went. The subsidy Congress passed
mainly the outgrowth of the constant decline in prices which was claimed to have made it a very productive property,
has been a feature of the past three years, leaving the and probably a good many of the innocent class were led
country merchant all the time in the unfortunate position to load up with it while others that knew what was coming
of having any surplus stocks he carried over costing him unloaded.
The drop from 62 a week ago to 49^ now,
any; in
fact,
instead of being sustained,
frequently cut, to
induce purchases.
—
—
.
more than current
rates; thus he has been taught by experience that his only safety lay in keeping his shelves
is,
therefore,
no surprise to the
result of the notice the
Union
initiated,
being a natural
on the steamcompany, made public this week, to terminate the
contract by which the latter has heretofore been guaranteed
Pacific served
bare and trading from hand to mouth.
"With regard to "Wall Street, however, and its concerns
we cannot report very favorably, for although the devel.
ship
opments of the week have not been remarkably important"
nor in the main at variance with the previous tendency, yet
which was a party to the contract, was not a party
to the notice, though it has since served a similar
The whole trouble, however, appears to grow out
one.
of the attitude assumed by the Ceutral towards the transcontinental pool. Recently Commissioner Fink issued a circular, to the effect that all through rates from the Atlantic
seaboard to the Pacific coast (the method heretofore in vogue)
would be withdrawn, and that hereafter the charge from
New York to Chicago, added to the charge from Chicago
to the Pacific Coast, would constitute the through rate.
The object of the change is obvious; it confines "cuts" or
"Wall Street interests have to an extent lost tone.
m no degree
This
is
due to any lack of eagerness in capital for
investment in undoubted securities. The best stocks have
yielded very slightly, and bonds above suspicion have
found a ready market. In fact, the bids for the S5,68r),000
Lake Shore consolidated
report
being
that
the
7
per cent mortgage bonds (the
successful syndicate takes
a stated
amount
of Pacific Coast business.
The Central
Pacific,
them
no dearth of funds and
no hesitancy about investing them if the conditions are above suspicion.
So also the facts of the reductions in rates to the roads making them, instead of
week bearing upon the material interests of railroad prop distributing them over all the lioes forming the through
erty and directly affecting income, have favored prices- route.
Moreover, the idea was, as we understand it, to
For mstance, earnings keep up remarkably well, in truth keep the tariff between New York and Chicago, St. Louis,
at
127)
show that
there
is
March
kc,
THE (JHRONICLK
21, 1885.]
tho ordinary established rates, and
lit
vary their
roads
from
tariff
points west,
competition of the ocoan route,
meet tho
to
In accordance
desired.
if
the Pacific
let
with this arrangement, the Pacific Coast Association, acting with tho Transcontinental lines, issued a reduced tariff
buaineaa
and
849
the
consequence
in
tone
remained
tho
of
heavy for short,
maturing in-
pressure
of
vestment bills, and
firm
for
long.
On Thursday the change in the Hank of England minimum
from 4 to 3^ per cent, caused an advance in long sterling.
Money in the open market in London is now 3 per cent.
from Cliicago west, which went into effect March 1.5.
Pacific, though belonging to With the subsiilonce of the activity in
the London
the pool, positively refused to accept, and notified market, caused by the more peaceful political news, the
tho Union Pacific that if the latter quoted the reduced business of the arbitrage brokers in A merican stocks haa
This reduction tho Central
rates
would have to bear the
it
amount
full
tho
of
new
not prorate on the
reduction, as the Central would
trading between the two markets
fallen off, so that the
is
limited.
Money represented by brokers' balances continues nomno doubt fear that tho- new inally at i@\i per cent. At Western distributing centres
tariff will affect traflBc over their Southern Pacific or Sun. a good demand from the interior is reported, but not suflSset route (steamer New York to New Orleans, and railroad cient to call for deposits from this city to any extent.
from New Orleans to San Francisco), which has been get- The following statement, made up from returns colbasis.
The Central
Pacific people
On
ting a large proportion of tho Pacific Coast business.
all-rail traffic
Ogden the Central
via
paratively small haul, while on
traffic
com-
Pacific gets a
New
via
Orleans
its
lected
by
us,
exhibits
the
ITMk anMnt March
20, 188S.
Recttetdlry
SMillwdfrv
ir.T. Bonto.
ir.r.BanJa.
to the Pacific Coast as high as possible, in order to render
thought
affairs,
was useless
it
the
Union
to continue the
Pacific
Central Pacific
(ses.ooo
UTS.OOO
Oaln..
1488.000
868,000
475.000
Oaln..
t433,00«
effective.
no doubt
arrangement with
the Pacific Mail, and determined to abrogate
NetJntfUn
Qold
more
Total gol4 and lexal tender*
In this condition of
and shipments of
banks during the
week.
Southern Pacific leased system gets a very long haul.
Hence it is interested in keeping the rate from Chicago
the competition of the Southern route the
receipts
New York
gold and currency by the
If the
it.
independent of the other lines by reason
The above shows the
of gold
actual changes in the bank holdings
and currency caused by this movement to and from
In addition to that movement, the banks have
$900,000 through the operations of the Sub-TreasPacific can be made equally independent by the use of tho ury.
Adding that item to the above, we have the following,
Oregon Short Line, and the latter route would be no more which should indicate the total loss to the New York
of' its
is
possession of the Southern Pacific system, the
The Central
roundabout than the former.
also to claim that the subsidy should
guarantee,
it
Union
Pacific seems
Clearing House banks of gold and currency for the
The week covered by the bank statement to be issued to-
be reduced.
appears, does not provide for a
the interior.
lost
payment out- day.
$95,000 per month, but simply assures to the
right of
Wtek BnMnt
Steamship Company a freight business of that amount,
and agrees
make up any
—
below that figure the
consideration given by Pacific Mail being the maintenance
to
How
of rates.
deficit
mucli short the company has
Banka' Interior Morement, ai above
Snb-Tieaaury operattons
Total gold and legal tenders
fallen, is
Out Of BanJa
Into Buiki.
J/arcft 80. 18SB.
Gain.
Tviaa
M^S.OO*
onnnnn
16,170,000
Iloss.
1477,000
4,800,000
»5.0a8.000
1
Bank HolMnn.
1475,000
5 700,000
ISIIS.OOO
not
The Bank
England reports a gain of £708,585 bulThis represents £476,000 received
from
abroad
and
£232,585
from the interior. The Bank
much importance to that phase of the question but
of
Prance
gained
francs gold and 0,514,000
4,547,000
has nevertheless had a very unsettling effect on
it
francs
silver,
and
the
Bank
Germany since the last
of
the stock of the company and on the general market
Evidently that
stated.
problem,
and therefore
is
a very important factor in the
it
is
not well
to
attach
too
of
lion during the week.
;
Tue followmarks.
amount of bullion in the principal
Jersey and the European banks this week and at the corresponding date
return
as well.
Among
other influences adverse to the market have been
the rumors
respecting
Central
decline in the stock, although very
New
little
that
is
really
new
has
ing indicates
decreased 1,753,000
the
last year.
Reading gave notice at a meeting of
Mareh 20, 1884.
March 19, 1885.
the directors of the Central, held on Wednesday, that it
Silttr.
Silner.
Oold.
Gold.
wished to have the lease amended and made less onerous,
«
M
*
but the directors refused to comply with the request,
Bank of England
25,252,434
25,862,977
though it said they deferred final action until Monday. Bank ot France
40,307,176 42'.! 45.072 39.905,839 40,100,663
7,740,500 23,221,500
7,193,087 21,594,263
There was nothing new or startling in all that every one Bank of Germany
Total
63,322,163
tMs
63,739,335
72,898,773
week
73,368,240
was perfectly well aware that Reading would like to
Total pre vloua week .... 72,499,497|63,546,238 71,149,370 63,178,208
secure better terms, and that it had not fulfilled and could
not live up to the present agreement. Furthermore, that the
The Assay Office paid $195,823 through the SubCentral should reject the proposal is quite reasonable but Treasury
bullion
and $97,593 for
domestic
for
scarcely news.
Possibly, however, this incident and the foreign bullion during the week, and the Assistant
niits which are threatened
one to get possession of the Treasurer received the following from the Custom
property and the other to foreclose the mortgage of tho House.
Central
have led to the decline of the stock, for they disOontiiting of—
ipated for the time being whatever of substance there was
Date.
Dulia.
BUterCtrOdd
U.S.
in the story that other railroads were buying up the shares
fMd.
tijteatet.
atrtifl<fi.
Notes.
for the purpose of control.
Now rumor has it that Mar.13. $327,963 50 $2,000 $80,000 $102,000 $144,000
Messrs. Vanderbilt and Garrett have been conferring per77,000
62,000
14.
80.000
3.000
222,632 37
has been disclosed.
;
—
—
•
•'
"
"
sonally with reference to a joint control.
Exchange has been dull and
The posted
rates
"
were reduced half a cent per pound sterling on Monday,
but this reduction did not change the figures for actual
"
irregular.
16.
17.
18.
19.
Total.
107.000
273,000
260.000
100.000
90.000
158.000
263,000
135,000
101,000
$589,000
$883,000
$883,000
34
67
08
03
3,000
4,000
2,000
3,000
108,000
125,000
92,384.606 99
$17,000
543,001
657,373
325,993
307,638
811,000
—
.
THE CHRONICLE.
360
same
ST.
PAUL
dk
OMAHA'S DIVIDEND CAPACITY.
The question of the St. Paul & Omaha dividend, which has
Wall Street for some time and been the subject
of many conflicting rumors and reports, has this week
Particular interest has been
been finally settled.
the matter because the Chicago & Northwestern owns a
controlling interest in the property, and holds $5,380,000
of the preferred shares.
The dividend has not been passed
hardly be cause for complaint, particularly since it affords
the managers a more extended period of time on which
to base their action when considering the dividend question.
The
uncertainty
therefore with
regard
property has been removed, and the outcome
being a
its
7
place
per cent stock,
among
6
Paul
is
that
& Omaha preferred
this
——
distribution
greater importance however than the
is
the
position
of
1883.
Gross ;0P- «Net
Bm-ga.' ?«»"" Eam'gt.
\&taxfs
t
f
Jan.,.! 350,283 390,037
i
i
Feb.. 381,453
Mch. 463.8521308,718
April. 567,998 '370,197
Jc
the property as
Otoss Op. exNet
penses Eam'gs.
& taxes
Ket
taxes
%
I
t
311, 327,478 235,067
283,601:298,831 df.15,230 333,440 207,466
438,521 1309,,305
129,216: 413.236 240,149
420,339 290,091
139,248 '377,289 255,674
t
t
!308,465i308,154
1
60,246
40.003
155,234
197,801
i;Bl,450
Qrosa Op. ex-
1882.
^m'3». penses
ol3,849|430,975
82,374, ,440,681 .329,473
120,111 [402,882 282,172
466,514 403,933
63,58l| 443.879 298,069
111,330 !444.333'284,143
131,068,. 495,020|309,314
247,747; 523.4021300,313
269,545 673,880:339,090
213,792 !583,186|307,109
191,604 442,986:249,338
14t,810! '874,693 265,402
486,760:350,424
469,130 338,062
537,884 880,187
612,460 372,915
540,959 327,167
441.694;250.000
100,190 1359,460 259,880
185.706 |422,718 258,688
223,180 ,532,200 278,316
334,1901,548,852 301,603
276,076 515,008 328,461
193,650 384,946:321,894
j
t
92,411
125,974
167,087
121,615
120,710
109,291
99,630
164,030
243,884
247,189
186,548
43,058
Total gross earnings 5,782,436
Total op. 6xp.& taxes |4,019,015
5,515,285
3,623,827
4,962.203
3,240,787
Total net eamiogs 1,783,421
1,891,458
1,721,415
Note.— Dec,
Here we
1884,
expenses estimated— about same as in previous year.
see that while gross earnings during
creased about
188-1 in-
much
$267,000, expenses increased as
as
had been
from that year, modi-
$395,000, leaving the net $128,000 smaller that
from in 1883.
takes
per cent shares.
A point of really
rate of
St.
to
— the gross having corresponded
1884.
May..
but merely reduced, thus disproving the statements so June
deterbeen
had
same
the
July..
suspension
of
that
a
common
Aug..
mined upon. Instead of If quarterly, the board simply Sept..
They also decided to change the Oct...
declared 1|- quarterly.
Nov..
dividend periods, which as ample notice of the change is Dec.
given (it does not take effect until after the next succeeding quarterly dividend shall have been declared), can
December 1883
as in
XL,
very closely to those of that year.
agitated
felt in
[Vol.
it
Hence that is the loss
by such changes as may occur in the
operating expenses for December as estimated above.
The monthly totals, when examined by themselves, disclose
some striking features of interest. It will be noticed that,
fied
only
and charges. Dividends may be reduced excepting the earlier months, the increase in expenses has
or suspended as a matter of prudence merely, or they may been quite marked all through the year, and in some
be continued longer than the state of a road's affairs months very decided indeed. For instance, in June, 1884,.
warrant.
In either case the investor and the public have expenses were $403,933, against only $298,069 in 1883f
no guide to the real value of the property except such as an increase of $105,864, though earnings had increased
is furnished by its capacity to produce income, as shown only $23,635— from $442,879 to $466,514.
The decrease
And, in expenses in the first three months is of course attribuin its statements and reports from time to time.
after all, that always has been and always will be the table to the better weather that prevailed in 1884 as
The conditions affecting any change against the severe weather of 1883. As the weather in
true test of merit.
in income deserve to be carefully considered, but the actual the present year
for a part of the time at least -was even
results as influenced by such conditions are really of worse than in 1883, it will be interesting to note the effects
much greater moment. So it will be instructive and useful of the presence or the absence of snow and ice in the difto see what these results in recent periods have been, and ferent years.
In 1882, when the weather was very mild
from that it may be possible to get some idea of the pros- and open, and nothing interfered with railroad operations,
respects earnings
—
—
pects for
.
the future; the bearing
of such
an analysis
upon the reason for reducing dividends is certainly obvious.
The St. Paul & Omaha, though controlled by the Chi.
cago & Northwestern, is operated and managed separately
and its accounts kept distinct from those of the latter comIts fiscal year, too, is different from that of the
pany.
Northwest, being the same as the calendar year, wliile
that of the Northwest covers the 12 months preceding the
31st of May.
Hence the year 1884 is the latest period
for which results can be made up.
But the gross earn,
ings (given out from week to week during the progress
of the year) are the only figures that have been furnished
for that period.
The annual report has not yet been pubHshed, and we do not know how long before it will be. Last
year it was close on to May before it appeared. The call
for information being very urgejit just now,
the net for the
$385,472; in
first
three
months reached an aggregate of
said, the weather was very
1883, when, as
amount was only $114,297; in 1884, when the
more favorable, but still
interrupted transportation more or less, there was a recovbad, the
meteorological conditions were
"With these figures before him, every
ery to $255,483.
one can draw his
.
own
conclusions as to what the operations
for the current quarter are likely to show.
We will only say
from January 1 to the end of the first
week of March gross receipts show a decrease of only
$34,000 despite the drawbacks occasioned by snow and
ice, and the gain a year ago had been quite fair, too
that for the period
$80,000.
But earnings are only one factor
in
the
situation.
Charges, debt and stock constitute others which are equally
We
we have made important.
have seen that net earnings during 1884
an exhibit of the year's results in advance fell off about $128,000. The next step is to determine
of the oflacial report, and have been successful in secur- how interest, rentals, &c., compare with the previous year.
ing some special figures and facts, which with the help of The interest charge is dependent, of course, upon the
efforts to obtain
other data
already in
our possession enables us to amount of the company's debt, and as to this we find that
what the report may be expected to the total interests bearing debt at the end of 1884 was
show. More particularly, we have succeeded in getting $22,299,970, against a debt of $21,161,620 at the end of
returns of the monthly gross earnings, operating expenses' 1883, anincrease of $1,138,350. The increase is accounted
and net earnings for the past year, which we give below for, in the main, by the issue, early in the year, according
in comparison with the corresponding totals for the two to notice to the Stock Exchange on March 3, of $1,092,000
make a
forecast
years preceding.
of
These figures, though they have not additional consolidated mortgage bonds, based on new
from the company's ofiBce, may be relied upon mileage built. For interest on the enlarged debt the comas exact, except that the operating expenses for Decem- pany had to pay $1,305,873 during the year, and this
ber (which had not been made up at the time we acquired apparently compares -with $1,068,747 paid in the yea*
the returns) are approximate, and have been assumed the 1883 (vide the company's income account in the 1883 report)
come
to us
March
31,
THE CHRONICLE.
1886.]
851
latter amount is made up on a net baais, and the on a 7 per cent basis, or $82,950 on a 6 per cent basii, to
former on a gross basis an important distinction. The which dividends have now been reduced. But it ia idle to
gross payments for interest in 1883 were $l,i!22,3"l, and speculate on a prospective increase of this character, since
tho difference between that amount and $1,305,873 is the it remains to be established that tho new stock, or any part
Tlie offsets against the of it, has been allowed to go out of the treasury.
extent of the increase for 1884,
It is
$1,222,371 interest in 1883 were $l.'i3, 621, in the shape of evident, moreover, that the shares were listed so late in the
income on securities owned and interest on balances, &c. year that they can have affected the dividend requirement
What the amount for 1884 was, we have not been able to for 1884 to only an inappreciable extent, if at all. Hence, to
But tho
find
o^it,
—
but very likely
than usual in 1383,
By
it
was
less,
since
it
was larger arrive
the report to the Iowa llailroad
Commissioners we see that in the year ended June 30.
1884, the income of that description was only $119,21.").
sum which
at the
earnings for this purpose,
amount
the
it
company had
to pay out of
will be safe to take
simply tho
of preferred stock outstaliding at the
end of 1883
per cent upon the same,
($11,259,933), and calculate 7
Accepting that as about correct for the calendar year (since giving us $788,195 as the call for the year. The net init covers the latest period for which information on that come which the company had available, directly out of
point can be obtained) the net charge for interest in 1884 earnings, to apply to the same, we have seen was $527,618.
would be $1,186,628, against the $1,068,747 net paid in but the Omaba has a large and very important source of
The payments for revenue from land sales as well, which must also be taken
1883, an augmentation of $117,881.
rentals are
not very large, but the amount in 1884 was
$49,175, against $47,921
in
further increase of $1,254, making the total increase in
As
charges $119,135.
the decrease
net earnings,
in
according to the above, was $128,037, the
tive loss
between 1884 and 1883
is
into the account, since
would give a appears
1883, which
full
compara-
represented by the
The preferred stock
amounted to $11,264,233, of which all but $4,300 was
out.
No addition to these amounts appears to have been
made till November 21, 1884, when the company applied
Exchange to have listed $1,382,600
the Stock
to
of new preferred stock and $2,073,900 of common stock
777.
greater.
30, 1884, the figure
The question now
the years 1883 and 1884."
occurs, has the
common
?
The
stock of course there would be
no object in
placing upon the market, since it commands only a low
figure, and, besides, for our present purpose it would make
no difference whether it had been disposed of or not, as
dividends are not paid on
selling
between 85 and
90,
not, apparently'
figures, but the amount
In the twelve months ended June
was $590,123.
Assuming
that to be
,
7 per cent distributed
during the year. Recapitulating in
form the results above outlined, the following
would be the exhibit, in comparison with the previous three
tabular
vears.
MUes (end
of year)
1884.
•1883.
1882.
1881.
l.SOO
1,280
1,160
1,003
t
Gross earnings
Operating expenses
Charges—
nterest on debt
Less Interest, &o., receiTed
&o
,
Totai charges
Net cash from lands
whole or any part of the
additional issue of preferred stock been put out
regular incomei
is
on the $527,618 income from earnings, we get a total net
income of $1,117,741, against a dividend requirement of
$788,195, or $329,546 more than enough to meet it.
In
other words there was a surplus in that amount above the
being at the rate of $10,000 per mile of preferred stock
and $15,000 per mile of common, "on 138 26-100 miles of
in
its
approximately correct for the calendar year, and adding
Rentals,
railroad constructed
and
For 1884 we have not the
$769,633 being held in the treasury.
"new
forms part of
pledged to other uses. This revenue from land sales (in cash
and after deducting expenses) in 1883 amounted to $547,-
sum was probably
And as the payments
total of these two, or $247,172.
mentioned constitute the only charge against net earnings
preceding dividends upon the stock, it follows that the
loss given represents the loss in the amount remaining (or
supposed to remain) for distribution to the stockholders.
In 1883 $774,790 was left for the stock; consequently, for
1884 the figure would be, on that basis, $527,618.
It only remains to determine the amount of the stock,
and the requirements for dividends upon the same. Of
course, nothing has been paid upon the common, but the
Accordpreferred has been getting 7 per cent per year.
ing to the company's report for 1883, the amount of common stock issued at the end of that year was $19,329,393,
of which however only §18,559,760 was outstanding,
it
in all its yearly statements,
DiTidends on pref stock
.
BurplaR
*
i
—
(
t
«
5,782,436
5,515,285
4,962,202
4,021,961
•3,795,540
3,422,941
3.068,313
2.633,9T«
223,475
200,886
172,474
142,484
4,019,015
8,623,827
8,240,787
2,776,460
1,763,421
1,891,498
1,721,418
1,240,901
1.306,873
1,822,371
1.134,752
+119,245
153,624
120,866
893,936
78,888
1,188,628
1,068,747
49,175
47,921
1,013.886
27,736
1.236,808
1,116,«68
1,041,622
868.010
£27,618
+590,123
774,790
647,777
679,793
646,825
ST7.iBl
604.143
1,117,741
1,322,567
788,195
770,476
329,546
652,091
1,226,618
.
;
{
1
735,397
1
491.221
1
'
814,981
53.080
881,634
678,787
»08,a87
December expenses partly estimated.
Same as in year ended June SO, 18S4.
The surplus
of $329,546 for 1884 thus
compares with
a surplus of $552,091 in 1883, of $491,221 in 1882,
of $208,897 in 1881, seven per cent dividends having
been paid in all these years. On the six per cent baais
But the preferred stock,
and
the company might be willing
it.
to part with for cash, and strengthen
its
position corre-
which has now been adopted for 1885, the call for diviwill be $112,599 less than the amount paid in 1884,
the policy adopted in previous years, for we notice that of
and this decreased charge will not be altogether wiped out,
$750,400 common and $504,300 preferred stock issued
even if the whole of the new stock lately listed should be
during 1883, all of the common was reported on hand (in
sold, as that would give an increase of only $82,956. Evithe treasury) at the end of the year, but only $4,300 of the
dently, therefore, motives of prudence have prompted the
preferred
that is, all but a small fraction of the latter had
officials of the road in making tho reduction.
been disposed of. It is possible that a different plan may
have been pursued with regard to the latest issue, but evispondingly.
In point of
fact,
this
appears to have been
dends
—
GROWTH OF BURLINGTON d- QUIFCT.
company were in want of money for one purit would have here a ready means of
Chicago Burlington & Quincy has been one of the
relieving its needs, and there could certainly be no objec- staunchest of dividend-paying stocks, and been held in
The brief review of
tion to its realizing on an asset of that description.
l^igh esteem by the investing public.
The additional $1,382,600 of preferred, if all put out, its operations for the year 1884, which has this week been
dently
if
the
pose or another,
would increase the dividend requirement $96,782 per year furnished the
press, is. therefore sure
to receive careful
—
THE CHRONICLR
362
XL,
rvoL.
The most striking feature in this table perhaps is the
The road is no longer what it was a decade ago
a small system, covering a small section of country; on augmentation in the payments for interests, sinking funds,
These show an increase of nearly half a million in
the contrary, it is a system of large dimensions, extending &c.
from Chicago to Denver, and operating directly nearly 1884 (over 1883), and the total is now $5,381,950, as
study.
3,500 miles of road, with 1,000 miles
additional of road
follows
managed independently.
though the company has suffered no interruption
but
controlled
that
It
prosperity, the basis of its earnings
rially
changed.
of
its
against but $2,520,524
ment did not increase
A
progressive policy in the
way
of enlarging a
falUng
of 100 millions, with 47^ millions of stock
in net to the
—but
this
— 147| millions
was on 4,804 miles of
& Quincy on
The
road.
the 3,467 miles of road directly
operated reports 77 millions of bonds, and about as
six
last
falling
years.
be noticed that
It will
both gross and net
ofi in
diir
-
ing 1884, but that nevertheless the totals have never before
been exceeded except in 1883. The main reasons for the
community which the road serves and protect its business
from the encroachments of rivals, entails of course an increase of obligations, but few persons have any idea how
marked this has been in recent years, not only in the case
of the Burlington & Quincy but in the case of all the leading companies in the same section of the country. The
Chicago Milwaukee & St. Paul last week reported a debt
Burlington
require-
and income has mate- these two items afford an idea of the extent of the increase in the call for dividends and charges that has taken
railroad property, so as to meet at once the wants of the
together
The dividend
1879.
but the figure of $5,566,580 for 1884 compares with only $3,081,985 in 1879, and
But the most important point of all, is the vastly-in- place within the
creased amount of obligations that the system now has to there was some
sustain.
in
in 1884,
off are the depression in business, and the poor corn
crop in 1883. Furthermore, competition was active and this
cut down rates, so that not only were receipts diminished,
but the ratio of expenses was at the same time increased,
which accounts for the fact that on a decrease of $626,757
earnings, expenses have increased $594,268,
in gross
rnaking the loss in net $1,221,025.
we get
to,
$498,009 increase
If
we add
this loss
in charges, already referred
a total comparative loss between 1884 and 1883
of $1,719,034.
Tills,
much $242,589 by an
however,
is offset
to the
extent of
income from investments,
increase in the
which makes the net loss $1,476,445. The surplus,
shows a loss of about half a million, being
of auxiliary lines, the total of whose obligations is not down from $987,646 to $511,105.
given, may carry; five years ago, at the beginning of 1880,
The difference between the two amounts of loss is
the amount was only 61:|- millions.
The company's system explained by the fact that in 1884 the company transferred
has been greatly extended in the interval, and its business. only half a million to renewal fund, while in 1883 it transearnings, and income, considerably enlarged, but the ex- ferred a million and a half.
Like other carefully managed
pansion in capital and debt is equally if not more signifi- Western roads, the Burlington & Quincy sets aside a cercant, and has attracted but little attention, the company tain sum each year for improvements and betterments on
Having found no difficulty apparently in taking caro of the the property, which sum it varies according as its earnings
larger capitalization.
are large or small.
In good years a large amount is conThese facts are worthy of mention, because they will tributed in bad years a smaller amount. There is no
more
stock,
making nearly 155
millions of securities on the
system, in addition to whatever amounts the 1,000 miles
&c.,
as before stated,
.
;
help explain the statement of operations and results for
the late year, now submitted.
Like most other roads, the
exhibit of the Burlington & Quincy is not as satisfactory
objection to this policy, either, because the contribution
is
not in the nature of a cover for repairs that have been
deferred or neglected, and therefore belonging to operatand like them it reports a greatly ing expenses, but is a real investment of money in extend
diminished surplus above the charges for interest, &c., and ing and improving the property.
Experience, however,
the requirements for dividends.
Against a surplus of seems to demonstrate that some such contribution directly
as in other recent years,
nearly a million dollars in 1883,
of only half that amount.
it
has for 1884 a surplus
out of earnings each year
is
necessary in the interest of
be interesting to see the economical operation of a road, and therefore it is of
how this less favorable showing was brought about, so we importance to note whether the amount in a given year is
give below a brief summary of the operations for 1884 in heavy or light.
In the year 1883 the Burlington & Quincy
comparison with those of the eleven years preceding.
had excellent earnings, so the outlay for improvements
It will
made very
was
Miknge
Dec. 31.
Gross
Op.Exp'ses
Net
EurninQs.
Earnings.
1873..
1,264
«1 1,403.226
1874..
1,864
1875..
1,207
1878..
1877..
Other
Becelpts.
Total
Xet
11.645.317
n,73-,448
6,430,133
5,308,325
52.013
6,8ii],238
1,343
12,003,050
6.868.545
6,135,405
53,844
5,180,240
1,620
12,5:»,876
7.178,814
5,853,561
20,570
6,373,: 40
1878..
1,709
14,113,603
7,871,015
6,241,688
0.162
6,247,7.50
1879..
1,867
2,772
14,779,716
7,557.067
7,222,640
37.390
7,260,030
8?.652
147,694
453,400
824,180
586,769
10.087,833
2.924
3.229
3,322
3,467
1881..
1883..
1881..
$
$4,070,458
5.1S1.S06
5,131,805
20,464.405
21,176,456
9.804.494
10,050,001
11.066.613
10.100.941
21,550.803
11.283.963
10,206,848
26.110.309
13,406,478
12,018,891
25.48S.61'^
14,1)00,748
11,392,866
10,257,635
10,710,341
12.0:l.s.071
11,050.1335
PmimentB from Net Karntnga.
Surplus
Tear.
Interest,
^o^'^fi
Sinking Dtvtdends.
Funds, A-c.
1878
1874..
1875
1876
1877
1878
1879
1880
1881
ISSi.
1888
1884
.
$2,133,605
2,043,322
$2,576,770
2,681,089
2,260,108
2,6^5,536
2,293,242
2,740,065
2,512.410
2,520,584
2,479,713
2,477,484
3,081,985
4,040,100
4,366,064
4,428„388
4,340,287
4,884,003
4,883,941
5,023,599
5,381,0511
6.666..580
2.534.980
5,666,481
Fund.
$
1,000,000
1.000,000
.
1,250,000
1,000,000
750,000
1
1,500.000
500.000
• $2,290,000 of this WHS held iu the treasury.
on Year's
the
In
contribution
1884,
when
was, as
said,
The average for the two years thus
and is quite up to that for previous
is
not low,
But it should be observed that the amount
years.
only $500,000.
$4,970,4.58
1880..
— $1,500,000.
Income,
$6,434,768
6,518,612
1882..
large
earnings diminished,
its
StocJt.
Debt.
OperatloTis
$200,083 »26,420.66a ?V!5,4S3.S85
425,304 27.381,075 20,6'i0013
415,594 27,513,>42 87,5.'!U,575
144,048 27,508,342 27,501,323
381,016 27,644,017 30,004,825
236,286 27,966.817 30,877.726
067,.53O 31,004,457 30,503,225
1,022,380 54,413,197 64,418,725
470,080 56,363,700 50,122,725
281,739 69,649.696 68.048,030
087,646 "71,041,840 77,408,401
511.105 76,450,140 77,l(i0.008
any of the six years
was contributed. This
is of moment, not as showing any loss of strength in the
physical condition of the property, for we have seen that
the average for the two years 1883 and 1884 is about
up to the usual level, but as showing that, owing to a loss
of earnings and an increase of charges, the company's
operations for the year did not warrant a larger outlay.
for
1884
is
A
smaller
Even
preceding.
than in
in 1878 a million
distinguishing characteristic
of
the
Burlington
&
Quincy system is the large extent of branches, which act as
This is a source of
feeders to the company's main line.
wide fluctuation in revenue.
road gets the
If the crops
full benefit of that
are good, the
circumstance;
if,
on the
other hand, they are poor, the road finds the measure of
its loss
increased, for then
it
suffers not only a diminished
main system, but over the whole
of the extensive branch system as well. It was a contingency
volume of
traffic
over
its
..
Mabcb
THE CHRONICLR
21, 1886.]
character that kept the company's earnings
almost stationary in 1881 and 1882, notwithstanding a
heavy addition to tlio mileage. The better crops of the
»58
of this latter
"onsonof 1882 (marketed in 1883) produced an immediate
most striking improvement, under which, (and the
opening of some new mileage), gross earnings in 1883 went
:
RATESOF EXCUANGE AT LONDON AND ON LONDON
AT LATEST DATES.
On-
Km*.
and net nearly 2^ million. Tn
1883 the corn crop (upon which it chiefly relies) was again
Aninlonlain.
Sight.
AiiiHtonlniii.
3 mo*.
Considering,
Frankfort...
VIWIDB.
20-60
Til.-«te
IZ-.'i.'l
up over 4^ million
dollars
quite poor, so for 1881 the receipts
fell oil.
however, the e.xtent of the gain in 1883, the decline in
1884 was not very marked.
iliiiiiliiirK
Bau.
»12-2JI|
3'a ai2'<i3g
wm
20m
••
.
liirlln
Antwerp.
Wo
»v;o73
»20'7J
"
...
• 12-57><
25-.'57»aa'.'5-fl2»«
249ifl»24B»
*•
ParH
2fi'."i6»j'B2.5-6m
Purls
Short. 25-3(iJ4-a'25M6J,|
Utiioa
3
niOB. 25•7.^
'•
Miiilrid
46'>ie'<t46''ij
46Bi«»40'',8
•1
Cadiz
U»l)on
AlexsndrUt
Coustant'ple
»26-SO
It
•*
1».
Is.
OTsd.
e'ad.
Timt.
Mar.
!Miir.
i
125a »12-»7»s
company, nearly one-half are in Iowa and Neby
dem'nd
Hoitibay
•*
braska.
Now in these two States the yield of corn in ('alciitta
York... 60 days
New
1884 was no less than 374J million bushels, while in 1883 HODX KODg.
Here is an increase in this Shanghai.
it had been only 271 millions.
the
Latttl
Dot*.
12m
12
SI. Petersb'if
dwell upon this feature simply to show what a favor.
ing induence during 1885 tHe excellent corn crop raised in
1884 is likely to be. Of the 4,500 miles of road controlled
MJCOBAH0M OK tOKDOlf.
MX0KA.1I9S AT LONDON-Mch.
i
Mar.
Mar.
Mur.
Mar.
Mnr.
Mnr.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
1210
Short.
«|
0|
....
3 mo*.
20-.'\3
"
Short.
2038
6
6
20ft:«
12-4S
•'
"
28"87
Short.
61
3
nioa.
G Checks
2'v38'a
6
6 3
e
6
6
6
«
6
25-50
47-4U
inos.
110-00
1*.
In.
tcl. tafii
b|
e!»3td.
6M?d.
4-83 >4
6 60 darn
6 4 mo«.
So. 6»8d.
4g. lOHlJ.
'•
(From oar own oorreapondent-I
and remembering that
London, March 7, 1885.
Quincy is the largest corn carrier in the
The course of political events during the past week has been
"West any one can see what a decided impetus this must attended by considerable anxiety, which certainly has not
It is that circumstance that accounts been groundless. The week, however, closes with a more
give to its business.
in part for the gain in the January, 1885, net of $227,000, hopeful feeling prevailing. The discussion with Germany is
pacific assurances are
which we reported last week, though no doubt the fact becoming less acrimonious, and more
being received from Russia. There is- no doubt that we are
that earnings in the previous .year were quite small
passing tlirougli a rather acute phase, and are not yet out of
by reason of the contest then being waged with the Union the woods. In the view of possible contingencies the Soudan
Pacific, was the chief reason for tlie improvement noted.
emergency has been dwarfed into comparative insignificance.
Against any prospective gains in earnings, however, Probably the very magnitude of the interests involved, and
we have an enlarged demand for dividends. We are not the difiiculty of setting bounds to a conflagration once
cereal alone of over 103 millions,
the Burlington
&
maintenance
guarantees for the
amount of the stock on which started, are the best
of peace. There is a saying attributed to Lord Palmerston,
dividends should bo based. At the end of 1883 the stock
that though you may open the ball with one partner you never
of which, however know with whom you may finish. This is quite applicable to
was reported at
$71,941,246,
$2,290,000 was held in the company's treasury, making the state of political parties on the European Continent at the
Now the total present moment. A war between England and Russia might
the net amount outstanding $69,651,246.
it might
this
includes any- be confined to the two nations commencing it; but
whether
is reported at $76,450,146, but
not; and should it spread, the question of new alliances could
thing held in the treasury we are not informed. As no
hardly fail to come into prominent notice. Meanwhile trade
quite clear as to the exact
payments for 1884 in all its branches is suffering. Confidence, without which
stock has been there can be no real recovery, is certainly not increasing.
year 1884 the Beyondja little extra life in the shipping interests, the tendency
company made an allotment of $7,000,000 new stock, and of commercial operations is rather towards contraction than
expansion, and that is likely to continue until all danger of
certificates for 80 per cent of this were issued January 1,
an outbreak of hostilities is obviated.
1885, and, as we understand it, the full 7 millions will bear
The Bank directors have made no change in the rate, predividends during this year. As the company is paying 8 ferring to keep it at 4 per cent. They were possibly influenced
per cent, that would call for $560,000 more than was paid in their decision by the state of political affairs. The Bank is
in the late year.
The surplus for 1884 we have seen was well underbid by the open market in the small discount busi-
increase
reported in the dividend
is
we assume that no part of the treasury
put out. On the other hand, early in the
somewhat
—$511,105.
than this amount
less
Hence the
surplus in 1885, other things being the same, would depend
upon the increase
One other
in net earnings.
point should be borne in mind, in connection
with the company's income.
The Burlington & Quincy
has a vast sum of money invested in the 1,000 mile* or so
of road outside
its
system which
it
controls,
invested
over 25
is
million
properties as the Hannibal
St.
Joseph
&
Council
We
doah, &c., &c.
and
this
has
The amount
hitherto been almost wholly unproductive.
so
and represents such
Joseph, the Kansas C'ity
ness doing, in spite of the fact, as usual at this time of the
year, that the amount of money afloat is reduced by the revenue
Floating balances just now are rather small, but
collections.
that does not count for much in the present state of trade.
Profitable employment is not offering for large sums, and there
Tlie position
is no i^rospect of any extensive spring inquiry.
of the Bank of England keeps strong. The reserve amounts to
very iittle short of £16,.50O.0OO the stock of bullion being
.£24,.')74,000.
The following are the present
money.
prices for
dollars,
&
Bluffs,
St.
the Humestoil
notice that something
this investment iu 1884, for the St.
Joseph
was
&
&
Shenan-
realized on
IVode BUla.
BankBOU.
LmAm
I
Hint
Ftyur
Six
JfOTiOu AfonHia Months
Council Bluffs
road paid a dividend of 5 per cent, yielding to the com.
Inttrat ttOovHi
for depo9its by
•0p«n market rati*.
80
Feb. A
.Ian.
9im - *M® -
Tliret
,
Mmth»
Joint
At 7 to 14
Stock
Month) Montht Bank». CalL Dayt.
l\>ur
|
Six
- 35«t8-}t 3H98^
3«(38«
SKaSMJsjinorn 3?«non) S«9S5« SXnom 3?<«3«
|3«aaM
-.i5«*4
SHiSjisis®
-8}*»
SMa
a?,f<8
8H^H
8«8J<
pany $263,040, which explains the increase in miscellaan-SH
««» - 8Ji,ia8>4|3ii934i 8X3 - JH8SH 8)t«4
neous income referred to above. We suppose there is no
8)4 8J4
8«« -3X» -»i» -,S5*«SX3«<» -|<IH»S«
8X-3X
immediate prospect of any large income from these invest- Mar. 6' 4 8 7-16 Ism® -!3}0 -3H93W^» -3Xa4
at
Bank
ments, and in point of fact we are told that the properties
The following return shows the position of the
consote,
of
price
the
discount,
of
rate
Bank
covered earned only $700,000 in excess of the interest on England, the
with previous years
their outstanding liabiUties not owned by the Burlington and other items, compared
1882.
1883.
1881.
1885.
*
«
«
*
& Quincy (this is the only information about them that is Olrc
Indlng
24.825.140
[
furnished), against about a million dollars in the preceding
year, but
some time
there
is
of course
in the future
they
always
the possibility that
may do
better.
U
h
Pni
ati
23,83.'i.000
,
'
Qo\
Otl
Rcs've "I iiDUs
24.571,970
11,351,874
IS.O.I'S.lSl
23.T81',818
23,617.872
14.0.">1.N01
13.-;.'S:i.0<J3
24.881.915
9,417.970
23.8!»4,lti7
...
23.06.S.168
26.73-'^.5.'>2
13,142,0H
23.87«,3m
& coin
16,489,559
13.927,J56
13,816,675
litlee.
9.811.030
22.873.490
13.296.309
24.70^.260
13,218.069
,
.
THE CHRONICLE.
354
Ctonaols
Ene. wheat, av. price
Mid. Upland cotton..
No. 40 mule twist....
1882.
1883.
1884.
1895.
£
Coin and bullion in
botli departments.. 24,574,619
Proport'n of reserve
4l>-7
toUaWUties
4 p. o.
Bank rate
£
£
£
22,293,205
22,749,926 22,948,590
40 14
42 13
SS'e
3isp.c.
4
'3 P.O.
l02d.
p. <.
10008(1
OT'ed.
32s. 04.
101iii6<l.
449. 9d.
55id.
P^sd.
B'gd.
428. 6d.
538d.
10%d.
9%d.
3d
oa
378.
9S8<1.
ClearlnE-Houseret'n. 131,737,000 137,440,000 124,251,000 111,918,000
The Bank rate of discount and open market rates at the
chief Continental cities
have been as follows:
March
now and
for the previous three
February
5.
26.
weeks
Fehritary 19.
February
Bank
Bank
Open
Bate.
Afarket
12.
Rata of
Interest at
Bank
Bate.
~~3
Paris
Berlin
Franltfort
Open
Market
~2h' ~S
2H
2«
2M
4
4
Hamburg
Amsterdam
4
3
3
4
6
4
Petersburg..
Copentaajzen
Messrs. Pixley
&
Open
Market
Bate.
~m'
3
2H
4
3
3
iii
4
9
e
4
4
Open
Market
2H
2H
4H
sa
"~2S~ ~~a
i
2M
2H
4
4
i
2)<
3
2H
4
3
3«
4«
3
SM
Hi
4«
3«
4
e
6
4
6
4
4
»H
2»
2%
2H
8H
8
4
4M
3H
6
e
4H
for export, and the bulk of the arrivals has been sent to the Bank, the
amount so disposed of being £380,000. The Para has brought £20,000
from the West Indies, the Clyde £75,000 from Sydney, tlio Austral
£10,500 from Melbourne, the Arawa £15,690 from New Zealand and
the Trent £25,760 from the West Indies total, £152,950.
Silver— Slightly declined after the issue of our last, owing to tlie fear
of Russian movements in the East, and transactions were effected at
49d. per oz. At this late the market appears firm, the Preskloucj- Banks
having raised tlicir rates of discount 1 per cent. We have received
£20,000 from the West Indies, £36,300 from New York and £3,400
from India; total, £59,700. The P. & O. steamer has taken £120,000
to Bombay.
Mexican Dollars.— Tliose brought by the Para and the Mexico, from
Veracruz, about £120,000 in value, were placed at 47'''if,d. per oz.,
being slightly above tlieir melting value. Tlie market has since declined
a little, and we quote 47iiie'3. por oz. as to-day's price.
;
Mar.
gold, fine., oz.
gold, contaln'g.
aodwts.
silver. 02.
77
^Exports
—
5.
d.
9
77 lOH
Span, doubloons. oz.
S.Am.doubloons.oz.
Feb. 26,
».
77
Price of Silver.
Mnr.
d.
9
77 lOJi
5,
d.
Feb. 2
d.
Bar 8l1ver.flne..oz. 49
Bar 8ilver,contaln-
49)^
ingSgrs. gold..oz. i9H
Cake silver
oz. W/i
Mexican dol8...oz. _.17 11-16
49«
1888
1884
1885
months
bills
at
commencement
an average of £3
of
17s. 4"78d.
£
£
£'
72,628,942
72,240,228
18,280,810
33,889,489
3,824,000
7,713,000
18,908,377
10,850,218
88,260,913
4,527,346
34,969,743
6,206,351
8,037,417
9,971,853
38,601,001
29,453,642
05,507,647
£
£
£
The following are some of the leading items of imports and
exports:
IMPORTS.
1883.
Cwts.
1,487,309
3,414,270
1.930,160
4,279,938
From United States— Febroai-y
2 months
All countries -February
2 mouths
1881.
Cwts.
1,597,736
3,155,381
2,113,336
4,151,130
1885.
Cwts.
1,259,113
2,903,827
1, •146,230
3,761,996
Wheat.
United States— Atlan. ports— Feb. 1,378,322
2 months
2,731,6^9
Paeiflc ports—February
1.800,441
2inonth8
2,824.810
All countries— February
4,510,181
2month3
8,619,712
1,110,530
2,148,665
1,102,299
1,928,508
3,363,222
7,179,591
1,420,328
3,069,894
1,064,243
1,182,003
2,535,309
1,318,449
3,018,685
l,9-il,305
3,677,663
8,039,063
Flour.
United States-February
1.845,110
...3,270,427
Zmonths
EXPORTS TO UNITED STATES.
1883.
Cotton piece goods— Feb
yds.
months
Linen piece goods— Feb
2
...
9,916,000
20,539,209
826,700
1,787,700
3,378,300
6,626,200
Woolen fabrics— Feb
2 months
Worsted fabrics— Feb
Zmonths
Tiie
movements
6,401,100
14,95», 500
1883.
Do
2
Exports
Do
in Feb..
months..
in
Feb
.
2 months.
SILVER.
Imports in Feb.
Do
2 montlis.
Exports in Feb..
Do 2 months.
1885.
6.233,900
12,B89,;)00
7,706,900
17,019,000
533 500
1,199,800
3,357,200
7,5t>r,700
in the precious metals have been as follows:
To and from aU Countries.
Imports
1881.
5,718,200
13.387,100
8,147,000
18,459,000
696,100
1,497,100
4,320,000
8,815,900
1884.
£
To and from United States.
1883.
1885.
£
848.261
871.835
1,394,4.J6
48:^,907
7K8,1(KI
897,:119
!,527,70o
633,361
1.536.921
073,739
662,853
1,469.58.3
1.614,0811
751,565
5:l;t,0(!6
1,731,616
1,510,557
315.88:
826.168
2*7,515
1884.
1835.
£
£
192
192
2,412
154.998
455,843
i2.-im
44,500
25lrl64
498,9 !3
200
8,002
1,433
425,38i
816,672
705,446
1.496,034
1.020
1.750
5,200
89,460
246,981
516,893
The extent of business in the grain trade has not increased.
The same hand-to-mouth dealings so long the feature has conper cent and tinued to prevail, and the speculative element, as usual, has
a discount of been principally conspicuous by its absence. But while transactions have remained circumscribed, and from that circum-
December
£526,000 in September in six months bUls at
£2 5s. lOi^d. per cent per annum.
^Exi)' Is Foreign
£
£
000 were placed at the
cC-
3S,890,0:6
53
Tenders for £2,171,000 treasury bills have been received by
the Bank of England, and the whole amount was allotted in
three months' bills at an average rate of £3 Is. 9d. per cent per
annum. Tenders at £99 4s. 3d. received about 70 per cent and
above in full. The average in February for three months'
bills was £3 Os. ^HA. per cent.
On December 30th the charge
was £3 18s. 6d. per cent. Of the bills just maturing £1,645,-
Britisli
Kingdom
Total Imports.
Irish I'roilucts.—.
Colon'l Mer'dse,-,
February. 2 ilonths. February. 2 Monihs. February. 2 ilos.
2mos
for bullion are reported as follows:
«.
Bar
Bar
The imports into and the exports from the United
during February and the two months were:
Cotton.
Abell report as follows on the state of the
:
Price of Gold.
and are certainly not such as to hold out bright hopes
for the immediate future.
factory,
m
buUion market
Gold— Witli the exception of a withdrawal of £G0.000 (sovereigns)
from the Bauk for South America, there has been no general demand
The quotations
The Board of Trade returns for February certainly do not
contain evidence of returning prosperity. On both the import
and export side of the list there is an appreciable diminution
even allowing for the fact that last year being Leap Year
February had the extra day. Some allowance has also to be
made for the reduced values now current compared with a
year ago, notably as regards cereal produce, but taking all
things into consideration, the returns are anything but satis-
,
4
4
4
2«
4^
8«
4k
St.
Bank
Bate.
[Vol. XL.
in three
The financial year of the Bank of England closed on Feb. stance the difficulty of maintaining prices has not been
and the amount of the ''rest" in the return for the week lessened, another influence, and that an important one, has
ended March 4 was stated at £3,746,848. There will probably come forward which, if it should be further developed, will
be a dividend of 5 per ceat for the half-year, against i% per most unquestionably affect values, and that is the prospect of
cent for the corresponding period last year.
an interruption of our peaceful relations with Russia. It is
Naturally our stock markets here have been in a state of quite j.rue that we do not draw anything like the quantity of
considerable tension due to political complications. So much wheat from Russian sources that we used to in years gone by;
BO in fact that operations of any magnitude are becoming in. still Russia remains an important factor in all calculations
creasingly difficult, and some so called International stocks respecting our sources of food supply and the closing of that
have fluctuated in a very sensitive manner almost from hour source would very speedily tell upon values. No doubt,
to hour.
Consols have lost their character for steadiness and America, India and Australia would readily supply us
have moved in a very uncertain way. But to-day the market with all the grain we require, but that would not
has been treated to a surprise in the shape of the telegram an- be done at the present range of prices. Of course the
nouncing the Grand Trunk of Canada Railway dividend. dispute may be arranged and meanwhile the trade has been
Speculators here were prepared for something bad, but tlie reduced to a state of expectancy. Holders of wheat are disnotification that the distribution on the Ist preference would posed to demand higher prices while buyers are far from
be at the rate of only 1',^ per cent per annum was lower than anxious to operate at any improvement. The latter seem more
the anticipations even of the most gloomy pessimist, and tlie inclined to risk the chapter of accidents, trusting that probably
1st preferred fell about 10 per cent.
Stock brokers and stock all may yet be well. The actual business done, therefore, has
jobbers are having a very bad time of it.
been very small, but the market has certainly closed with a
According to Kcmji's Mercantile Gazette, the number of fail- firm tone, without however any quotable advance, except in a
ures in England and Wales gazetted during the past week was few isolated cases.
94, against 09 last year, showing an increase of 2'}, and a net
The following return shows the extent of the imports of
decrease to date of 179. The number of bills of sale published cereal produce into the United Kingdom during the first
in England and Wales for the week was 274, a decrease of 3, twenty-six weeks of the season, the sales and average prices of
or a net decrease of 48. The number published in Ireland was home-grown produce for the same period, and other items, com30, against 14, making a net decrease to date of 39.
pared with last season:
.
28th,
;
.
March
THE (JHRONICLR
ai, 1885.J
mPOBTR.
Barler
Oats
Poag
29.
Indian corn
Flour
31.?43.27()
7,49.5,5,53
1,672.51;)
1,142.841
1,253,407
7,600,711
8,493,385
11,525.757
4,174,415
144, .'.45
10,126,838
6.458,457
(>,232,()10
5,438.716
1.036,260
1,882,374
10,979.434
8.119,417
BeanV
1882-3.
3.t, 133,960
9.887,021
1883-1.
19B4-S.
owt. 24,267,5ai
Wheat
ni8,.552
1,363.256
14,212,793
7,877,365
1881-2.
7, 5.'-i6, 712
932.578
Supplies of whoat and llour available for conaumptlou Id twnntjrweuKs, etooks Sept. 1 not beln/i Inuliided:
1882-3.
1881-2.
1883-4.
1884-5.
ImportH of whoat. owt.24.267,5Sl 29,141,515 33,138,960 31,248,270
8,493,385
4,171,415
7,377,865
8,119,417
Imports of flour
Saleo of liome-growD
24.808,097
:.
57,195,095
Total
23,557,421
22,238,100 20,738,100
60,579,831
03,865,745
68,160,785
At'^
price of eiiKllxli
328. 6d.
wli.-rttforneason.qn!.
ViHlhlo simply of wheat
lutlioU. 8
bUBli. 43,030,000
niiplv of whoftt and
llciui' afloat to U. K.
31,825,000
2,815,000
1,921,000
qra
409. lOd.
3d.
418.
6d.
39a.
h55
In our report of tho dry gooda trade will be found the bnports of dry goods for one week later.
Tlio following 18 a statement of the export* (exoluaiye of
gpeoio) from tho port of New York to foreign porta for the
week ending March 17, 1885, and from January 1 to date:
ltl0,»39
8lx
produoo
zpoRTH ntuM
Total 11 weeks.
58,891,272
60,322,008
$72.e02.9e«
The following table shows the exports and imports of specie
New York for the week ending March 14. and
1, 1885, and for the corresponding periods in
at the port of
since January
1884 and 1883:
Wlieat
Barley
Oats
Week.
3,148,000
T»tal 1885
Total 1884
Total 1883
2,079,57.3
212,193
Barley
Oats..
g.
d.
32
31
19
6
1883-4.
9reat Britain
d.
g.
6
5
39
32
8
19
8
8
Converting quarters of wheat into cwts., the total sales in
the whole kingdom during the above periods were as follows:
West Incties ..........
Mexico
South America
All other countries
The follovring shows the quantities of wheat, flour and Indian corn on passage to the United Kingdom.
The daily closing quotations for securities, &c., at
and for breadstufis and provisions at Liverpool, are
by cable as follows for the week ending March 30
49
per oi
d.
Consols for money
Consols for account.
973,9
976,8
Thurg.
491,6
9788
491,9
4918
93i]6
98'9
493,8
493,8
933,8
981a
08i.t
081a
81-60 81-70
Ill's
114%
Fr'oh rentes (in Paris) Ir 82-2(5
31-60
U. 8. 4issof 1891
114»B
U.S. 4a of 1907
124%
38-8
Canadian Paoiflo
CMo. Mil. &St. Paul... 7538
Erie, ooiomon stock...
IS'^S
Illinois Central
129
Pennsylvania
54%
PlUladelphla & Reading
a
114%
121%
12438
I
Hew York Central.
i
ZAvcrpool.
91=8
Sat.
g.
Plonr (ex. State).100
Ih.
10
d.
9
114%
124%
114%
124%
124%
39-'8
3914
7458
39 >«
3i*is
75%
747s
74%
1418
14
13''8
13%
I3014
129%
54%
54'8
1291a
5478
13»8
12918
9
9
1
Hon.
g.
10
$203,782
807,273
5,600
J3.49 1.847
0,547,728
89,250
$311,100
11,300
22,600
33,038
$2,790,608
106,583
56.974
78,220
92
91%
8%
91%
Ttieg.
Wed.
Thvxg.
5478
8i«
1
I
9118
Fri.
d.
g.
d.
g.
d.
g.
d.
g.
d.
9
10
9
10
9
10
9
10
9
7
1
till
9 8
7 1
7 3
6 9
9 8
6 11
Spring, No. 2, n. "
61 i
6 11
6 11
Winter, South, n "
9 8
9 8 19 8 19 8
Winter, West., n "
6 11
7 1
7 1
7 1
"
Cal., No. 1
7 1
7 1
7 1
7 1
"
Cftl., No. 2
6 8
6 8
6 8
6 8
Com, mix., old... "
5 8I3 5 81a 5 8i« 5 81s
Com. mix., new.. "
4 512 4 51a
4 61a 4 6
55
Pork, West. mess. . V bbl 56
55
55
Baoon. long clear
32
32
31 9 31 9
Beef, pr. mess, new,¥ to 32 6
....
..
Lard, prime Wast. U owt 35 6
35 6 35 6 35 6
Cheese. Am. choice
158
|53
j58
[53
1
5
4
55
31
35
08
8I2
6
9
6
7
1
7
3
6
9
5
4
55
31
32
35
57
81a
5
9
6
6
Imports and Exports for the Week.—The imports of last
week, compared with those of the preceding week, show
a decrease in dry goods and an increase in general merchandise.
The total imports were $8,636,814, against $8,091,4.53 the preceding week and $7,937,763 two weeks previous. The exports
for the week ended March 17 amounted to $6,470,766, against
16,580,973 last week and |o,869,3.'J3 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) March 13 and for the week ending (for general
merchandise) March 13; also totals since the beginning of the
first week in January:
VORBiaH IMFOBTS AT
Dry goods
Oen'Imer'dlBe..
Total
Since Jan.
NEW
1882.
1883.
«3.410,504
7,924,424
$3,419,811
$11,331,923
TOHK.
1884.
1885.
5,4!I5,753
$2,636,178
5,386,870
$2,119,182
6.537,032
$8,945,564
$8,023,057
*3,l!56,814
1.
Dry goods
$34,657,013
72,273,192
$33,946,269
06,369,633
$31,618,182
62,261,557
$25,341,518
54.744,784
Total 11 ^eeks. $103,930,205 $100,315,952
$93,879,739
$80,086,302
een'lmer'dlse..
$458,489
1
$4,292,028
156,429
1,940,871
5,110
1.463,933
»
$
$378,083
328,765
760.390
78
4,235
4,252
360
02,869
108,501
42.159
3,908
$3,049,872
3,586,518
$29,409
92,785
240.488
$217,513
1.006.377
1.184.648
i^oo'p
26,146
3,4.59,091
Payments.
Beceipts.
885,051
1,559,160
1,341,607
822,839
731.468
849,43i
>rar.l4.
••
16.
" 17.
" 18.
" 19.
" 20.
75
16
11
92
03
79
Ourreney.
Coin.
$
$
96
37
79
00
63
145,305,182
145,33J,880
145,676,415
145.531.501
145.451,345
914,314 11 145,432.598
1,096,650
1.419.225
•953,242
1935,015
838,907
*
33 24.586.707 10
84 -24.697,963 38
62 21,746.772 92
56 24.779.503 94
34 24,752,228 58
19 24,706.174 39
6,147,355 88
6.192.612 76
Includes $108,0JU gold certitlcites taken out of caah.
Total...
*
—
Anction Sales. The following, seldom or never sold at the
Stock Exchange, were sold at auction this week by Messrs.
Adrian H. MuUer & Son.
Bonds.
$1,000 Jersey City 7s Water,
Illi8&int.
due 1902
if 5,000 Jersey City 7s Water
scrip, due 1913.I1413 & Int.
$1,000 Long Island City 78,
funded water debt,
'83&
duelSriO, Seyt..
'34, coupons on
100
$1,000 Long Island City Vs.
funded water debt.
due 1899, Sept., '83 &
100
'84, coupons on
$2,000- Long Island City f 'ded
debt for Newl'n debt
78. due 139.5,' 97. and
'98. August, 1883 &
98
1884, coupons on
$5,100
Town of Ryo 5s, school
house, duo 1887, '88.
^ommcTccivd antX W^i$ccHmttaxx3 ^curs
Far Week.
168,580
12 003
09,280
2,971
35.378
.
Fri.
391a
75^4
129 "a
55
9
9218
i',576
Balances.
Date.
Wed.
98
129', 875
:
luet.
97llifl
3,308,532
46;6oo
6,000
repoi'ted
Jfon.
981,«
81-77 la 81-OiJ
.
157',782
Of the above imports for the week in 1885, $4,833 were
American gold com and |3,817 American silver com. Of the
exports during the same time, $46,000 were American gold coin,
227,000 and §100,800 American silver coin.
342.000
U. S. Sub-Tre-^sury. The following table shows the receipt
and payments at the Sub-Treasury in this city, as well aa the
London, balances in the same, for each day of the past week
:
Sliver,
1,316,401
2,723,^0.^
—
Ensllnh market Reports— Per Cable.
Sat.
S
90,131
357,442
0,340
1883.
2,031,000
Last year.
1,635,000
286.000
138,500
Last week.
2,531.000
225.000
300.000
.
Total 1885
Total 1884
Total 1883
1883-4.
23,557,424
1884-5.
cwt. 24.303,997
Wheat
SineeJan.1.
*
$8,500
9,582
Silver.
perqr.
Wheat
Week.
Oermanr
1R83-4.
1,642.433
1884-5.
1.728,209
2,705,735
180,032
1884-5.
Xonifon.
Importg.
SineeJan.l.
$
Sreat Britain
AVEBAOE PRICES.
2,556.000
259,000
280,000
TOBK.
doUL.
2.272,000
All other countries. .
qrs.
HBW
17,000,000
Xxportg.
qrs.
com
110.470,706
««4,998,538
aXPORTS AHD IMPORTS Or SPBOtB AT
22,500,000
1886.
»fl, 107,266
70,306,235
gXLES.
Wheat
18B4.
$8,419,3.50
$70,244.2801 $78,725,585
Prev. reported..
.....'..
West Inuies
Hexlco ........ ......
South America
Atpremnt.
1883.
«C,134,017
ei,lU9,6U3
Forth* week...
tors roa tbi wbhk.
initr
1882.
In the following statement is shown the extent of the sales
of home-grown wheat, barley and oats in the principal markets of England and Wales during the first twenty-six weeks
of the season, together with the average prices reached, compared with last season:
Flour
Indian
8
..
'8.1
and 90....100ia&
$4,000 City of Brooklyn
int.
Gow-
1909. Coups. Jan. &
140 &int.
July
$1,000 City of Brooklyn 78,
public park loan, due
114% &lnt.
1915
consol.
$5,000 City of
aid of
Yonkers 7a,
duo 1901.128 &
Oswego
int.
7s in
Lake Ontario
Shore RK. due 1S90.
•91, '!»2 &'!i3..114% .feint.
.$2,000 City of Now York, N.
Y. County C't House
58, rcg. sfck,due '98.
116>4 &lut.
$5,000 City of New York (-s.
Central Park
Inipr.
fund stock, duo
1
837.
1061a
$1,000 Toledo
$500 City
of
New York
4S\
68,
Park fund
due '87.105ia *lnt.
Central
stock,
$5,000 Ohio State Canal st'k
68, due Dec. 1, 1386.
105>4
& int.
$1,000 Wabash R'way Co.
(Decatur & Ea.^t St.
Louis) 6 p. c. funded
debt bonds. Feb. 1,
77%
1385, coupon on
$5,000 Kalamazoo Allegan &
Gr. Rapids RK. 1st,
88, due July 1888....1H'''9
$1,650 Highland Chief con»ol.
Mining Co. of Colo$25 for lot
rado
Shares.
anns Canal impr'm't
78,due '89&'90..115&lnt.
$1,000 City of Brooklyn 78,
N. Y. Bridge, ctue
$2,000 City of
Bonds.
$5,000 State of Tennessee 6s,
due 1892 & '93. Jan.,
1876, coupons on
& int.
& Wabash RB.
Co. Ist exteniied 7s,
duo 1S90. Feb., '85,
106
coupon on
$2,000 Jersey City 78, due
113H&lnt.
1913
20 First Nat. Bank of Port
138
N.Y
28 Wiliiamsburg City Fire
225
Insurance Co
278 Westchester Fire Ins. Co.l25
80 Commercial Fire Ins. Co. 20
12 Irving Ins. Co., aseessm't
SO"*
of 6 percent duo
Ill
63 North River Ins. Co
Chester,
80 People's Bank
148
101
Ins. Co
Little Chief Mining Co..
eOGlolieFire
400
22 cents per Fhare.
266^
20 Broadway Bank
400 Highland Chief Consol.
Iftitor lot
MluingCo
1,000 Eureka Tunnel &. Mining Co of Nevada. -$16 for lot
500 Tiger Consol. Mining.
Arizona Territory. $12 for lot
50 Invo Coneol. Miiiii't; &
jiillingCo. ofCal $10 for lot.
125 Bear Creek Coal A- Oil
$15 forlot
a>. limited
10 Metropolitnn Concert
$U for lot
Co. Umlted
8 United Stiites I'r.is: Co..4s5
32 Snugatuck R w'y Co ...185
42 Aintr. Exoh. Fire ln«...lu<^
-
—
—
:
THE CHRONICLE.
356
week of
to date.
year is striking, but
only part of the line
collected to date is
$3,397,137. The road is in very easy circumstances linancially.
Including $125,000 due on the ten-year debenture subscripfor the second
Mexican Central.—The earnings
are the largest for
The contrast with the same week last
the comparison is hardly a just one, as
was in operation then. The subsidy
March,
|81,400,
any
week
[Vol.
XL
pany. The former company brought suit to secure rent
according to the terms of the lease, and to compel the defendant to operate the leased lines. Judge Deady gave judgment for the plaintiff for $68,000, the amount of rent for six
months. The case will probably be appealed to the United
States Supreme Court.
Pittsburg Cincinnati k St. lonis.— The following figures
and $70,000 (Mexican money) en route from Mexico, the
have been published preliminary to the full report, which is
?5o0,000 in available' cash, of which $200,000 is
issued later in the year:
out on loan. Bills pavable amount to $65,000, which leaves a
1881.
1883.
Becrtcite.
net cash balance of $485,000. The company has traffic dues Gross earnings
$4,015,257
-$4,G2:i,740
$578 483
from the Mexican Government of $63,000, which are payable operating expenses
2,731,P60
3,057,465
355,505
in cash.
The criticism of the management in the matter
tion,
company has
of the deposit of collateral to secure tlie debenture bonds is
not that the trust indenture had not been complied with, but
that subscribers were misled by the circular of Dec. 33, 1884,
under which the subscription was made. The circular said
The couipanv has the following Riirplus assets First mortgage bonds
;
(exchisivcof guaranty of $300,000 deposited in Mexico), $6,075,000;
Income bonds, $811,000; subsidy certiflcatea earned of the Mexican
Government, now on hand and in process of immedirtle delivery, over
•
*
$16,000,000.
The debentures will be secured by deposit with
the Boston Safe Deposit and Trust Company, under an indenture made
for the purpose, of the following collateral Tor each if 1.000 debenture,
$1,000 first mortgage bonds, with all unpaid coupons, $2,000 subsidy
•
:
Netearuings
Other income
$1,313,297
4,624
$1,536,275
8,784
$222,978
Total
Interest on bonds
$1,317,921
$1,545,059
714,490
$227,138
67,500
646,990
4,160
Balance
Other payments
$670,931
262,885
$?30,5ti9
281,664
".^8,779
Profit
Net rentals paid
$408,046
$538,905
592,747
$1:0,8^9
37,492
55.5,2.55
LcsBforyear
$147,209
159,638
$53,812BInc. $J3,367
Pittsbnrg Fort Wayne & Chicago.—The officers of this
The italicized word "immediate" led some subscribers to road have given the necessary 30 days preliminary notice to
suppose tliat the company had, or would have directly, the the Stock Exchange of an intended^issue of $1,110,070 guarancertificates in question and deposit them as security for the teed special stock.
bonds, when, as a matter of fact, it had not deposited the full
St. Lonis Yandalia & Terre Haute— Terre Hante &
amount required by the coupon note indenture. * * * Not Indianapolis.—
The earnings of the T. H. & I. proper show a
having these certificates in possession, although they had been decrease of
$170,301 in 1881, and the expenses a decrease of
fully earned and only awaited delivery from the Mexican
$88,979, showing a decrease in net earnings of $81,331 over
Government, the company had assigned its right to receive those of the fiscal year 1883.
them to the trustee under the indenture. The company has
The earnings of "the St. Louis Vandalia & Terre Haute Railcomplied with the terms of the indenture every way, and the road
Company were $1,490,307, being a decrease of $310,616
largest subscribers make no objection to the security of the
over those of tlie fiscal year of 1833. The expenses were
bond, with a single possible exception. Boston Herald.
$1,114,764, being a decrease of $191,303, showing a decrease in
The Boston Safe Deposit & Trust Company, as trustee, net
earnings of $19,344.
holds $3,500,000 first mortgage Mexican Central 7s, with
The earnings of the Terre Haute & Logansport Railroad
coupons for $263,000 attached, and no subsidy certificates but
Company were $343,104, being an increase of $28,192 over those
the assignment of the company for such certificates. The
of the fiscal year of 1883. The expenses were $340,037, showcoupon debenture scrip is also $1,100,000 short in its certificate
ing a decrease of $36,614, leaving only $3,076 net earnings.
security, awaiting remittances from Mexico.
Trartsoript.
—Messrs. Harvey Fisk & Sons announce the opening of
Pullman Palace Car— Central Transportation Company.
The directors of the Central Transportation Company have their new office. No. 38 Nassau Street (Mutual Life Buildmade a modification of the lease with the Pullman Company, ing) Thursday, March 26tti, for the transaction of a general
reducing the annual rental to $66,000 (with 25 per cent of the banking business; also dealings in Government bonds and
They are so well and favorably known
taxes to be paid whicli is equal to 3 per cent per annum on other securities.
the capital of $3,200,000, with the option of each stockholder throughout the United States that this announcement will be
a
matter
of wide interest, and especially to their old friends
of the Central Transportation Company to exchange his stock
for the slock of the Pullman C9mpany, at the rate of four and clients, who will be glad to avail themselves again of their
extensive
experience.
shares of Central Transportation for one share of the Pullman
stock. The par of the shares of the Pullman Palace Car ComThe following appointments have been recently made by
pany is $100 and of the Central Transportation Co. ,|50. the United States Life Insurance Company, namely J.
The terms of the old lease, made fifteen years ago, guarantee Howell, manager for California ;C. A. -Evans, managfr W.
for
the Central Transportation Company a sum sufficient to pay Eastern Pennsylvania W. W. Mclntyre,
manager for Mary12 per cent on the capital stock and 35 per cent on the taxes. land and District of Columbia W.
C. Morris, matiager for
Out of this amount 8 per cent has been paid to the stockholders North Carolina. Mr. J. W. Howell was for
and the balance has been retained as a sinking fund, wltich years connected with the Northwestern Mutuala number of
Life Insuramounts to about $600,000. By the proposed modification this ance Company.
fund would revert to the Pullman Company. At the special
Attention is invited to the card of the.American Finance
meeting in Philadelphia, March 18th, a resolution providing
for the appointment of a committee of five, unconnected with Company in another column. This company deals in United
the officers, to take into consideration the recommendations of States securities, defaulted bonds of States, cities and railthe board of directors and report at the annual or specially road companies, and makes call and time loans oi appro7ed
collateral
a'so conducts railroad and other corporation reorcalled meeting, was passed.
ganizations and negotiates loins. The capital is $1,000,000, of
Ohio Central— River Division.— The committee on reor- which $500,000 is paid in.
ganization, composed of Messrs. Davis, Bartholomew, Closson,
Attention is called to the removal of the Guarantee ComBeach and Homans, submitted their scheme this week, which
pany of North America from 178 Broadway to No. Ill BroadIS now being signed by the bondholders at No. 3 Wall Street.
The scheme (condensed) is as follows The River Division 1st way, Trinity Building, this city, to fine and commodious
mortgage to be foreclosed without delay, and new bonds offices, where parties wishing bonds of suretyship will in
issued not to exceed $10,000 per mile actually constructed, to future find this well-known company.
bear 6 per cent interest, and payable in gold December 31,
The Ontario Silver Mining Company of Utah announces
1934.
First preferred stock to be issued to the amount of
its one hundred and fifth dividend of $75,000 for February,
$6,000,000, 3d preferred $4,000,000, and common $3,800,000
Total dividends to date, $6,275,000.
Ist preferred entitled to 6 per cent dividend, then 2d to
6,
then common to 0, non-cumulative. No other mortgage to
The Homestake Mining Company has declared its seventybe created without consent of holders of three-fourths of j)re- ninth dividoiid of $31,250, for the moiith of February.
ferred stock. Holders of bonds paying 3 per cent in cash will
receive 1st preferred stock to the amount of principal and
unpaid coupons to March 1, 1885, and new bonds to the
gatxliixtg awtl fftuanciat.
amount of said cash payments. Holders of income bonds
paying 10 per cent in cash will receive 2d preferred stock to the
amount of their bonds and. new bonds to the amount of said
payments. Holders of common stock paying one per cent will
oertiflcatcs.
—
—
i.
—
:
:
;
—
;
—
:
—
;
—
^
receive new common stock to amount of 10 per cent of old
stock and new bonds to amount of said cash payments. Bonds
to be deposited with Central Trust Company, with a payment
of $10 for each bond, and $10 more after foreclosure and
sale
has been made.
BARVEir FISK
SONS
;
—The Canda Committee
has on deposit in Central Trust
Co. the following: Ohio Central main line 1st mortgage
$3,774,000
total issue, $3,000,000 do. 2d mortgage, $3 150
OOO total issue, $3,000,000 do. stock, $5,100,000 total issue
$83,000,000.
Main line is to be sold AprU 15.
Harvet
'-
;
:
&.
win open their ofSce, 23 Nassau Street (Mutual Life Bnllding), New
York City, on Thursday, March 26, for the transaction of a general
banking business also dealings in Government Bonds and other iuvescmeut securities.
;
;
;
'
Oregon Railway & Nayigation- Oregonian.— In the
United States Circuit Court at Portland, Or., on Wednesday
Judge Deady decided the case of the Oregonian Railway Coiiipany (lunited) against the Oregon Railway & Navigation Com-
Address P. O. Box 235
Fisk,
riARVEv Edwakd Fisk,
Charles J. Fisk,
Pliny Fisk,
composing the firm of
HARVEY FISK <& SONS.
—6
MAJtCU
:
Per
llamt of Oompanw.
can'..
Wluik
Payable.
Mnrrh
1>«
Mi--;'»iil rn.illi' (iiiiir )
N V l/u'k. .t WcntwM ((lunr.)....
1%
Virginia
.\!
1
Ht
Cliiulpston
West Jemcj-
I
.\prll
A pill
\
1
April
$1 ^0 March
^
March
110.$!,. 117.
1
mm,
lfl«4.
.if.ic./.
Mnrrh
ir..
17.
100$:
o
71,0(10
•XJ
)0
.
•«>
1 to April
.MarvU
-li
March
3-J
22
to April 1
to April 1
1
It^
1
'20, ISMS-S P. 01.
Financial Sltnation.— The
situation of ivJTairs lius viiulerfroiio no important chiingo the past
•Wfi'k.
The dispo.sition still is to regard the future with much
ho]»o, and to look for a gradual, though slow improvement in
There are signs of a revival of
goiionil mercantile business.
trailo in certain quarters, and considerable confidence is felt
that tliis will become more pronounced as tlic season ])rogresses.
Railroad earnings certainly are very encouraging just now, and
the returns for the lirst and second weeks of March as far as they
have come in make a very good comparison with last year. Probably witli anotlier season's crops assured, the outlook will ma-
terially
\n%tfrr'iiet»fr'm
Previoui Week.}
''r.
ouontotion
NKW YUKK, FRIDAY. MAKCII
The Money Market
I
HihhiIm
Sookt Ototat.
[Dayt hieluDire.)
SO April
Vpril
I
liOuniiandilla
nallronda.
CbU'.Sl. P. Mhi.it ()..iiri>f. (quar)
EvniiHVillo .t Teni" lliiuto
367
18fl.'..
l^auUcis' (!5a«ettjc.
DIVIIIBNOS.
The fnUowlniC dividends hnve reoently been announced
I'lils.
.
.
THE CHRONICLR
31, 1865.]
She
.
and
improve.
LtiStraden.
i.)0
LpitaI reserve
$8ii,l>i7..5.'>U!lrio.
1)14^.^.9^0
Keccrvc held.
130,010.100 Inc.
l«3,i00
aurplmi
t47,oii2,s5o|DBp.
$^n2.a.^o
B7,'<l>i.M7ft! •72.to:i,875
91,473,7001
(l.'V.OSI^OOO
7 70.875
Exchange— Sterling
cxcliange remains <|ui...
...
limited
demand caused a decline in the imstcd rate-H on Monday of ^
announcement
cent, but on the
of the reduction In the Bank
of Kngland rate of discount, on Thursday, 60 days bill.i wcro
again advanced to their former figure.
Posted rates close at
4 84®4 Sfii.
The posted rates of leading bankers are as follows
1
:
MarcK
8txty Dayi
20.
Prlmebanken'aterllngblUBon London..
4 94
4 82
Prliueoommerolal
Oocnmentaryoominerolal
4S1>«
S23I8
Parl8(frano8)
Amsterdam
(Kulldnrs)
4U>e
94>9
Frankfort or Bremen (relchmarka)
Demand
4 80<s
5 21>4
40^8
95
—
United states Bonds. The transactions in Government
bonds continue light, and the only feature in the market is a
weakening in the bids for the 3s, probably due to reports
from Washington that the new Secretary may shortly issue a
In Wall Street there have been some disturbing features,
which have kept the market weak. The Central Pacific refuses
call for a further amount of that class of bonds.
to abide by the action of the pool in reducing the schedule of
The closing prices at the N. Y. Board have been as follows:
rates from Chicago and other Western points to the Pacific
Coast, and will not pro-rate with the Union Pacific on the
Interest Mareh'Uareh ilareh' ilareh' March' Mareh
Periods.
reduced basis. The Union Pacific, on its part, threatens to
14.
16.
17.
13.
19
20.
retaliate
by sending freight via the Oregon Short Lino
1891
..reg.iQ.-Mar.
•in%*ui%
•lllTt 'lllOs 112
ms.
instead of via the Central Pacific.
But the most telling 4>3a, 1891. ... .ooup.lQ.-Mar. *lll!ii*inTg *lll% '11131 '11 liW 112
..re^.Q.-Jan. laiHi i2i'4 121% 121 >< 121 U 121%
influence used against the market has been the announce- 48,1907...
ooup. iJ.-Jan. *l22%'l22ie 12218 122% '122 '8 '122%
48,1907...
ment by the Union Pacific (and subsequently by the 3»,
101% '101 •101
option U.S. ...re»t. Q.-Feb. •:oiii,*ioii4 101
1
1
1
.
.
Central Pacific) of its intention to discontinue the arrangement by which the Pacific Mail Steamship Company was
guaranteed $95,000 a month from the Pacific roads on business
to San Francisco, &c.
This action has been unfavorably
regarded in two ways; first as involving the po.ssibility of a
serious war of rates, and with reference to the Pacific Mail as
involving a large direct loss of income. In the latter case the
mistake seems to have been made of assuming that the $95,000
per month was a tjonus in that sum, whereas it means merely a
guarantee of that amount of business quite a difference.
drop in Nickel Plato (Xew York Chicago & St. Louis)
first mortgage bonds lias also been a feature the reverse of
favorable in its effects.
There appears to be no more substantial ba.sis for the present break than there was for the break in
February. The decline is variously charged to inside selling,
to a prospective default in interest, to an intention on the part
of Lake Shore to abandon the property, and to an alleged
declaration by Mr. Vanderbilt that "every tub must stand on its
own bottom." What is to become of Lake Shore's investment iu
tlie road— many millions in amount--in the case of default,
operators for a decline do not take the trouble to state.
The
fact that the bonds are a first mortgage on a completed road
between Buffalo and Chicago is also considered of little consequence.
It is worthy of remark tiiat when the previous decline
occurred tlie probability of a default on the second mortgage
interest due March 1 (which was promptly paid when it matured) was assigned as the reason. Now there is to be a default
on the 1st mortgage itself coupons not duo for over two
—
A
our'oy.
oar'cy,
oor'oy.
our'oy.
es.oar'cy.
69,
6«,
B»,
68,
'95. ...ruK..I.
'96. ...reg. J.
'97. ...Teft.J.
'98. ...reK.iJ.
'99. . .resr.'J.
i
A
it
J. *12.5
J. •127
J. '129
3.
!*12.'^
133
•127
*129
*133
•134
;»134
•125
•127
129
•125
•127
|'125
•129
•133
•134
1*129
•127
•124
•125
127
•133
131
|*13;i
•134
[•134
•133
morulnt: board: no lale was inadr
State and Railroad Bonds. In State bonds the dealings
have been a little more active than of late, extending to some
of the higher-priced issues.
The sales include $16,000 North
Caiolina consol. 4s at 87, 85J, 80; $10,000 do. special tax at
4J; $15,000 Virginia Os defeiTed at GJ, 6J, 6; $1,000 Missouri
6s, 1886, at 102i; $1,000 do. 1887, at 104V; $1,000 do., 1888,
at 105^; $3,000 Tennessee Gs, old, at49i; $3,000 South Carolina
6s, non-fundable, at 3, and $10,000 Ohio 6s, 1886, at 105}.
For railroad bonds the market has been irregular. The l)etter cli'ss of bonds remain generally steady and in some cases are
higher, but low-priced issues as a rule have declined. The New
York Chicago
St. Louis Ists have been the leading feature,
selling down to 75 and closing at 77, against 87 last Friday,
with no apparent reason except the vague ramors above referred
to.
Erie 2ds close at 55^, against 56i last week; 1st consols
at 113^, again.st 113i; Union Pacific sinking funds 8sat 119},
against U8i West Shore 5s at 34, agiiinst 35 J ; Central New Jersey consol. assented, coupons off, at 97, against 103J; Canada
Southern Ists at 98, against 9rj do. 2ds at 70}, against 73};
Atlantic & Pacific incomes at 14, against 16f
A
A
T
>
—
&
;
;
Railroad and Miscellaneous Stoclis.— The stock market
was dull and featureless (though inclined to weakness) till
Wednesday, when Pacific Mail and Union Pacific were sharply
months yet, June 1.
depre.s.sed, and the downward movement in these two stocks,
While the decline in Nickel Plate bonds is in progress. Lake as well as some weakness developed by .lerscy Central,
Shore sells nearly six millions of its first consol mortgage bonds, adversely affected the whole market. The drop in Pacific Mail
to a syndicate, at a price reported to be in the vicinity of 127, for the w^eek reaches
13J per cent, and in L^nion Pacific 5i.
at whicli figure the yield per annum (allowing for the extinction
The decline in Pacific Mail is the more noteworthy that it
of premium at maturity) would be only about 4 J percent.
The marks a complete change of temper on the part of the speculahigh price realized has been accepted not only as evidencing tive community witli regard to the property, since the stock
the good credit of the company, but as sliowing that the invest- has heretofore been very strong, with an advancing tendency;
ing public still have faith in railroad property. The declaration and the change is brought about by the fear of trouble resulting
of a 1| per cent dividend on Omaha preferred stock has also from the action of the Pacific roads, referred to above.
iKx^ti an influence beneficial to the market.
Rumors had b^en In the case ot Union Pacific, the trouble is aggravated by the
pei-sistently circulated that the dividend was to be pa.ssed.
In- difference with Central Pacific in regard to rates in the transstead of thJat, it has been merely reduced i per cent, that is, continental pool, as already stated.
one per cent a year, to
per cent. We have previously taken
These are the principal influences accounting for the weakoccasion to refer to the favorable character of the January ex- ness of the market, but Jersey Central declined considerably
hibits of net earnings, and this week the Central Pacific has after the meeting of the directors, at which a proposition from
issued its January statement, showing a very decided improve- the Reading in regard to dividends was rejected, and adjournment—|52:J,000 net, against $208,000 for January, 1884.
ment was taken to await the action of Reading on the interest
Kates for call loans during the week on stock and bond due the first of April.
collaterals have ranged at i@lj per cent and to-day at
The uncertainty in regard to the Omaha preferred dividend
l@li^ jHsr cent. Prime commercial paper is quoted at 4@5 per ha.s been settled, as stated above, and this has had a good
cent.
effect.
Amid the decline in other stocks Northwest and St.
The Bank of England weekly statement on Thursday showed Paul have been noticeably firm, and New York Central has
a gain in specie of £708,585, and the percentage of reserve to also been well maintained.
Delaware & I.Ackawanna is no
liabilities was 49, against 47 last week
the discount rate was longer the feature in point of acti\-ity it was a few weeks ago,
reduced from 4 to Si per cent. The Bank of France gained and its fluctuations have been unimportant.
4,547,000 francs in gold and 6,514,000 francs in silver.
To-day the market exhibited a fair degree of strength >n the
The following table shows the changes from the previous morning, but in the afternoon, under a continued fall in Pacific
week and a comparison with the two preceding years in the Mail and Union Pacific, the tone was weak. The grangeia
averages of the Xew York Clearing House banks.
however, remained firm.
—
;
..
...
.
1
THE CHRONICLE.
358
[Vol. Xli.
NEW YORK STOCK EXCHANGE PBICES FOR WEEK ENDING aiARCH
HIGHEST AND LOWEST PBICES.
Monday
March 16.
Saturday,
March
14.
*3T-2
<313i
•9I2
38I4
321.J
IlJi!
*32ia
38I4,
3934
38»4
3334
»6
*1034
March
March
17.
March
18.
19.
AND SINCE
Sales of
the Week
Wednesday, Thursday.
Tuesday.
2»,
Friday,
March
Boston
& No
Ceil. Kapiils
•63
Canadian Pacific
Canada Southern
Cedar Falls & Minnesota
Central Iowa.
Central of New Jersey
6I4
& Ohio
1)0
Istpref....
Uo
2dpref....
Chicago (t Alton
Chicago Burlington
& Quincy.
Clilcago Milwaukee & St. Paul
pref.
Lo
CMcago & Northwestern
pret.
Do
Chicago Rock Island & Pacific
Chicago St. Louis & Pittsburgprel.
Do
Chicago St. Paul Minn. & Om.
pref.
Do
Cleveland Col. Cin. & Indianap.
Clevelandifc Pittsburg, guar...
Columbia & Greenville, pref,
61*
no^a II '3
*ti'-2
38% 38%
*36% 38%
34 Is 34 ig
Central Pacitic
Chesapeake
...
7
«6>a
3313
40
33
6I4
11
7
32
32
•9%
38%
36% 37%
333.1
31
6ij
'10
11
*6%
6%
135
135
13334 13334 13S
12334 I25I2 12434 126'a 123% 124 'e'
73 'e' 73
7334
7234 73 %j
73
106 IOOI2' 106 106 'u 106 106
94 "a 95 'e' 95 14 96 '8 94=4 95%'
1293412934 131 131
13034 13934
1153411034 llg>all6'a 115 115
135
I
«8
834
»17
19
25 =B
24%
7%
*17
«25i2
88 14 8718
35
35
25I3
87 H: 87 >a
25
8634
8%
19
25
87
11
10
10
6%
3534
3634
3134
6
36
363<.
44,)'35
32% 32%
12,971
6
•10
11
7
•6%
-10
11
135
•6% 8
133% 133%
I2334 1-24
12234 12334
'134
360
450
200
'9%
31%
323_
*5%
38
30% 30% •31% 32
"5%
0%
38
31
11
37
3234
11
"a
3034
-9% 11
7%
122% 123%
73
72% 73% 72
72
72',
106 106
106% 1061.) 106 100
94% 95% 94% 95
94% 95
1,
Sj
130
115
'130% 132
131
115
'*7%
131
131
114% 114% 114% 114%
''7%
8% •7% 8%
•16
17 %
8%
•16
18
19
26
24% 241.
86% 87 14 84% 88
•31
36
"18
25
25% 2534
88% 86%
•34
36
.
Delaware Lackawanna & Weat. IO314IO514 104 10538 103% 104% 103% 10334 102% 103% 10234 10334
734
734
734
•7% 8
73<
7'8
7% 734
7% 81a
7'e
*fc Rio Grande
Dubuque & Sioux City
334
334
3% 3% •3% 4
4
418
4
4
3%
East Tennessee Va. & Ga
Denver
Lo
prof.
'7
EvansviUe & Terre Haute
*3
Green Bay Winona & St. Paul.
197
'Harlem
16
Houston & Texas Central.
"a
7=a
'48
3I4
126
Illinois Central
Lo
leased line 4 p.
Indiana Bloomingfn
&
ct.
West'n
Lake Erie & Western
Lake Shore
Long Island
& Nashville
New Albany &
Manhattan Elevated,
Manhattan Beach Co
Cliic.
consol..
.
Memphis & Charleston
•86 >a
Metropolitan Elevated
Michigan Central
Mil. L. Shore & West'm, pref.
Minneapolis & St. Louis
8712
13
I514
I6I4
6438
63 34
71
73
31%
31=8
*24
26
7818 7334
43
103
61
121a
*27
29
pref.
Do
1734 18%
Missouri Kansas & Texas...
9018 90 14
90%
Missouri Pacific
*3
9%
9
Mobile & Ohio
120 122
120
Morris »fe Essex
Nashv.Chattanooga & St.Louis 411a 4Iia «40%
88=4
New York Central & Hudson. t88=8 90
41a
4%
41a
New York Chic. & St. Louis
.
.
8'8l
pref.
Do
New York Lack. & Western ... 8734 80
New York Lake Erie & West'n 13% 13=8
pref.
Do
New York & New England
New York New Haven & Hart.
New York Ontario & Western.
New York Susq. & Western
. .
Do
Norfolk
pref.
& Western
Do
Northern
Pacific
Do
Do
Wayne &
Chic.
.
'8
*16
13%
1434
7%
7
&
&
Manitoba
Pacilic
Wabash St. Louis &
Do
Pacific- . . pref.
American District Tel
American Tel. &. Cable Co
Bankers' vt Merchants' Tel
Colorado Co.il & Iron
9
•8
120
42
120
893.,
4%
734
18'8'
•7%
18%
40
%
'1614
1034
17
18%
42%
17
103
4%
•7
87%
•8634
1034
23%'
18%l
43%1
40
•16% 17
11% 11%
13%
14
53
24%
31,
24
82
-61
24
2%
•21
90%
12%
47%
12'9
4734
434
'»11%
13%
-53
66
90
13
03,745
900
550
400
33j
'5%
7
13% 13%
28% 28
16% 16%
10% 10%
934
13
26
26
•2
6%
•5%
18% 18%
42% 423,
%
•15% 16%
•34
',
15%
153.
12
12
53
24
3
24
80
21
83
91 14
*S0
Wells, Fargo
110
& Co
INACTIVK STOCKS.
3%
35
21
35
80%
80%
•19
89
13
1234
1234
12% 12%
42% 44%
46% 47%
*4
*11
434
66
2%
•2
43^
44% 46%
5
12% •11%
66
2%
5
13
•2%
3i<
1
1,200
1,730
28,-223
5,7*25
405
4,400
•49
52
•2234
23%
3,200
2',
505
100
9034
91%
77 's 7834
69% 71
61% 62
115
I
92
*50
80
78
108
89
12
90
78',
4%
-11% 13
2%
3
12
12
41% 43%
4%
4%
100
2,000
6,155
196,136
785
•11% 13
87
6
593,
>133
134
9134 9134
51% 52
a08 110
69
54%
57% 60%
'•"3
114
-3
6
•25% 32
133
108% 110
49% 65
114
•2
4
6
110
134
92
62
110
152
152
133
133
11
87
7734
114% 114
67% 59
91
91% 02
61% 61% 62
7631
28
69
57
-26% 32
58% 68%
100
47
100
23j
10%
86%
1,210
3,213
0,904
133
110
110
91% 92
52% 62%
I
67% 67%
1'4
Missouri Biver.
Elevated
Virginia Midland
.
•2534
'120 136
1%
1%
26
•122
26
135
'123
135
•123
135
Warren Railroad
Cantcn Company
Consolichttion Coal
.,.
Homcst^iko Mining Co
New
Central Coal
Ontario Silver Mining
Pennsylvania Coal
*
38%
34
30
3
8
Mar.
Jan.
15 Feb.
11% Jan.
12% Jan.
15% Jan.
119% Feb.
4
19
6
80%M.ar. 18
21 Feb. 28
8
Jan.
Feb. 28
Feb. 20
1
Mar. 9
11
Mar. 6
25
Feb. 20
Feb. 26
21
Feb. 25
3934 Jan. 8
87% Jan. 10
80=4 100
;
1
Lower price
is
cx-di\'idcud.
89%
28
125% 141
33
8634
33
133%
6% 25%
82
62
8%
3
14%
434
8%
3%
10%
7%
20
94
83
11% 28%
20
71%
8
17%
184
1684
6
134
41.
18
12
42
27
10
17
14
37% 67%
4%
1
14%
25'.,
5
113,
834
24
6% 34%
173,
7
16% 60%
6
61
32
18%
I's
24
60
96
11% 29
2.1% 60
14
18
70
96%
90'8Mar. 18
13'8Feb. 28
76%
99
61% Feb.
28
4
Feb. 27
2
11
Mar. 20
41-% Mar. 20
4 Feb. 3
11 Feb. 20
7934 Jan.
2%
32
12
10
5 % Jan. 7
14 Jan. 12
Mar. 17
Mar. 11
Jan, 8
1334 Feb. 24
9434 Mar. 12
83 Feb. 25
34 Feb. 20
73 Jan. 10
62% Mar. 9
116 Feb. 2;
3234
90
22%
84%
6I0
1934
32
9
II
68
4
2% Mar.
Jan.
Feb.
Jan.
Jan.
49
61%
I
12734
17%
7
67
114
66%
834
0034 112
57%
31
117
90
6%
334
30
Jan. 30
2
63% Jan.
Jan. 30
6334 Feb, 10
30
78 130 Jan.
311
87% Jan.
97 48 Jan.
120 104% Jan.
2 135
3 93
2 52%
2 110
67 '8 Mar.
Jan.
22 Feb.
1 % Mar.
60 Jan.
2% Feb.
200 22% Mar.
122 Jan.
15 J.an.
116 Jan.
40 Feb.
19 Feb.
10 Jan.
Feb.
17 Feb.
78
U)2
10
Jan,
125
Jan, 13
87
Jan, 10 45
Jan. 16 08
Jan.
Miir.
22=4 Feb.
l%Feb.
60
6
Jan.
Feb.
28
130
Mar.
Jan
18
Mar,
116
40
20
Jan,
Feb,
Feb,
10=4 Mar.
Feb.
7
18
Mar,
34
20
49
62
142
78%
137
102
61%
116
80 »4
152
23% 24
1
2
60
60
6
5
19% 24
115
15
121
ISO
21
.
122%
39% 40
18
8
5
14
284
These are tlte prices bid and asked no aale was made at the Board.
12634
13%
16% 35
21% 38%
70
15
65
24
80% Mar. 18
83%
66%
149%
8
4
77% Feb.
8
100%
200
2
26% Mar.
34% Mar. 20
Mar.
95 'e 119
81% 124
Mar. 10 185
2% Jan.
54
2% Mar.
Jan.
58% 94%
Mar. l(.l 119% 135
Mar. 20
142% Mar. 13 i38" 146%
17 Jan.
'20% Jan.
11
12734
128
122
Jan.
51
17
140%
61
2534 Fob,
19% Feb. 26
44 Mar, IH
1=4 Jan. 2
19 Jan. 14
12 Mar, 19
16 Jan. 15
14% Jan. 2
15% Feb. 27
19 Jan.
Jan.
Jan.
Jan.
Feb.
107
17% Feb. 10
182% Mar. 17 175
7
12% Jan. 8
9
19
15
28
30
6% Jan
15% Feb.
100, 1 17
Des Moines
<fc
21
15
Mar. 20
8734
5
9%
8%
Feb. 26! 117
934 Feb. 17
8834 Mar. 16
1434 Jan. 6
10 21
1,440
5934 J.an.
170,831 49% Mar.
397 107 % Jan.
156% 58%
133
Jan.
% Mar.
O'sMar.
84%J.an.
11% Feb.
20 Feb.
3
18
300
142
8:
88%
88
11
88%
78% 77%
89% 90
77% 78%
28
81%
114% 114%
60
5834
21
•80%
89
12%
41% 43%
4% 4%
•54% 56
•2
1134
•3
92
52
110
4%
18
34% 34%
82
84%
350
63 120 Mar.
20 136% Jan.
1 34 Feb.
300 44'e Jan.
122
142
•18
82
Mar.
7% Jan.
2,080
122
142
2%
14%
90
10%
25
Jan.
4 'e Jan.
200
475
18
89
Atchison Topeka A Santa Fe..
Chicago & Alton, pref
Cincinnati Sandu.sky <fe Cleve..
Centr'I
60%
23%
Jan.
Jan.
Jan.
Fob.
Jan.
Jan.
Jan.
30
Jan. 14
20
51
Mar. 14 110 140
88% Fob. 17; 70
86
14% Feb. 24
»
20%
17 Feb. 21
6% 1934
67% Feb. 25 59% 10434
73 Mar. 14
62
78%
33% Feb. 27 22% 61%
27% Feb. 20 10
36
7834 Mar. 14
64% 79
15 Feb. 14
24
10
44 Mar. 7 23
40
9334 Jan. 30
85 105
64% Feb. 24 6134 94%
3434 Feb. 26
4434
31
13 Feb. 26
7% 18%
29% Feb. 20 17
383b
18% Mar. 3
9% 23
97% Feb. 10 63% 100%
9% Feb. 25'
6% 13
122 Fob.
115 127%
68
42% Feb. 27 30
95% Feb. 25 83% 122%
Jan.
Jan.
90
64
32
12
3% Jan.
197
30
127
1 's
11
•54% 56
*12% 13
13
92
52
110
2%
90
•25% 32
EXPRESS.
2234
50
23% 24
62
400
400 12 Jan.
25 175 Jan.
237
934 Mar.
""
23%
18% 18%
42% 42%
18% 18%
42% 42%
%
4,100
2%
•23
23
34
12%
!<
10% 10%
934
2%
90
59% 6OI4 69% 60%
132% 132%^ 132 135
TTnited States
New York
-3
300
300
29,225
3,870
110
8734
90',
pref
American
*fe
40
88% 89
80% 80%
II3I4II3I4 116
*3
6%'
Western Union Telegraph
Keokuk
412
14l
II634 M.ar. 141
9
Mar. 6;
19 Feb. 271
29 Feb. 26
91% Feb. 25
38 Feb. 24
138 Mar. 10
20 Jan. 27
109% Mar. 9
10 Jan. 15
65 Fob. 12'
4% Mar. 10
8 Mar. 3
185 11434 Jan.
1,600 33 Jan.
1334
14
35% 35%
•80
93%
78% 78=8
69% 69%
61% 62
Pullman Palace Car Co
Quicksilver Mining Co
Columbus Chic. & tnd.
Danbury & Norwalk
81%
40
78% Jan.
134
37% 90
Mar. 14 118
107% Feb. 19
97% Feb. 26l
ll%Jan.
65
•7%.--
40
6%
18% 16%
23
9%
82
22
10
Fob. 26;
Jan. 15
125% Mar.
69% Jan.
11% Jan.
27% Jan.
27%
18%
91% 91%
8
136
Jan.
6,498
13%
13% 13% '13% 13% 13
14
14% 14% •1334 14% 14
17% 17% 17% 17% 16
17% 1534 16% 1534 16%
12 7 127
128 126% 126% 126%
l3%"l3'8
13',
ll'f
90
13
93
Pacific Mail
Do
260
•26
1734
88% 89%
3% 41.
4%
7%
13% 13%
34
34
11
Delaware ct Hudson Canal
Oregon Improvement Co
Oregon Railway A Nav. Co
Louisiana
•7%
915
28
23
'1
17% 18%
80% 91%
88% 89%
•5%
18%
18%
91%
121
41
8
182% 182%
•10%
24
19
44
27
12%
9!
Feb. 25
634 Feb.
934 Jan.
7,453
•11% 12% •11% 12
119
13% 13%
28
43 14
2'2,472
..-
•54
36
11% Jan.
3;
121.
103
61%
41% Mar.
119% Jan.
78%
60
Low. High
Jan. 17 126 135
Feb. 3 80% 90
Fob. 4
50
80
44% Jan. 3 39
58%
35 Feb. 20 2434 57%
11
Fob. 12
8
12
13% Mar. 12 11
16
n5%J.in.
84
23
37%
40
'J
....
•25
18
9034
9%l *8
40%
88% 89%
•4% 4%
16»8
1
'21
t77
2,074
1,355
1,350
97,921
10,000
'31'
60
I834!
91 %l
120
41
131s
82% 82%
-2
Consolidated Gas Co
Adams
91
18%
90%
13%
•2334
31%
>103
•2
-17% 18
125% 125%
MISCEI,L,*NEOUS.
.
2634
18%
'
24
62%
•71%
13
15
63
35
103
•60
•11% 12% •11%
2634I
13
27
•19
TTnion Pacific
.
02
42% 42%
3%
17
13
15
For FuU
Year 1884,
1885.
90-3.
425
4% Jan.
600 37% Jan.
100
3 Jan.
252 190% Jan.
200 14% Mar.
71.
125% 126%
•86% 88
05
Feb.
Jan.
Feb.
Jan.
29% Jan.
10 Feb.
7
Feb.
3134 Jan.
2e%JiUi.
70 '8 Jan.
1,393 102 Jan.
146.820 843eJan.
318 11934 J,in.
3,076 105 Jan.
7 % Jan.
15 Jan.
975 2334 Mar.
2,585 82% Jan.
225 31 Jan.
134 J.an.
14% Jan.
121,067
82=8 Jan.
2,732
7 Feb.
65 Jan.
2,200
234 Jan.
62
•3
-S
12,'329
•33
San Francisco
Paul Mlnneap.
&
42% 42%
>103
•57
61
•3
16
129
57
37
150,824
ctfs.
Do
pref.. ..
Do
Ist pref.
BtPaul & Dnluth
Do
pref
Texas
•3
8834 »x8634
<fe
St.
3I4
88=8
*S1% 53
Klchmond & Danville
*5I
Blchm'd & West P'nt Terminal 24% 24% 24
Eochester
Pittsburg
3
3
•2%
Borne Watertown & Ogdensb'g
St. Louis Alton ife Terre Haute '21%.
Do
pref.
Louis
•48
special.
Eensselaer »& Saratoga
Eich. *fe Alleg., stock trust
8t.
4214
2%
43% 43%
pref
Ohio Central
Ohio tfe Mississippi
Ohio Sonthern
Oregon Short Line
Oregon ct Traus-Continental...
Peoria Decatur tfe Evausville..
Philadelphia & Beading
Pittsburg Ft.
*5%
*2334
18'6
pref
314
10% 10% •16%
*2i4
7%
7
•12
61
«33
*12ia
27
I8I4
121a
*6%
•13
17
126iil26i4 126=4 12634 12534 12534 126 126
'>86
•86
*88
88
88
88
1234 12 7f
13
13
12% 13
12% 13%
•14% 1534 14% 14% 14
14
15
15
63'
6334 64 Hj
6334 84%
63% 84% 62
•71
72
72
73
73
72% 72% 72
31-'8 31=8
30% 31% 30% 3034 30% 31%
•23
«23
26
25
22
23
78% 7834 78% 78% 78% 78%
78=a 7834
4214
"a
6%
3%
51
'103
61
6%
7
*48
19314 I9314
I414 1414
13
•'40
7>a
48% 48%
3-
314
197
15
127
.
Louisville
Loui.sviUe
734
»47
124
90
320
5% Jan.
300
9% Jan.
105
5 % Jan.
370 128 Jan.
6
11
•6%
1,
Highest.
20.
90% 90%
N.Y. Air-Line, pre!
<S
BurUngton
Range Since Jan.
1885.
1,
(.Shares).
RAll,UOADS.
Albany* Snsquelianna
JAN.
23 1^
11
10
29
264
Makch
1
1
.
1
.. .
QUOTATIONS OP STATE AND RAILBOAD BONDS.
STATB RONDa.
HKCCRITIBS.
••^.
i!,
i;>nti
l.A.'.'.'.
I, ^i.
Us.
Mmnli.AUUoik
7«.
I..
7i)
MlKfl.
it
lui. K iv
1
7fl,
1'
I'.ll
1«
Kit
K.
RR.
IS
IS
M'kiinsadUoui.
Itll.
OsiMi^.x
a.<t
11.
7k. IMH'l..
KoM, 1830
7a,
LonltUnA-Tn,
!
u
Ti
lOU
ABj-l'mor
U'Jia
A
Haiiiiilml
New
ISiU
Ss, loan,
Yd",
Ba, louu, imi'J
6a, loan. ISSH
N. CaroUna—Ux, old. J.A J.
FnndliDt aot, lUOO
1
ll-J
^st. Jo., '86.
«H, reg., 1887
Vork
HAR€H
Bid.
9©, 1885.
ink.'
W. Carollna-C'ontlnaad-
On, ituBl8><flnr IHUfl
KilliiUuiC. lt«il-9S
1
7S
ei>«
luasi
lIiilv..ilu6'9"J
859
BBOUBITIKB.
Ask.
Bid.
'Wiit..l814
Kx.maturoil nnufMin
Ml««ourl-(!», 1H8«
......
4
loo's
10»lg
lM8tf
lin,
80
87
108
8^
107
4
15
NO.
ll.i'.H.A
8E0UBIT11W.
Aa.I
BIO.
A, 1006.
7il,
—
1
1
THE CHRONICLE.
81, 1885.J
•ii.^-liiui«
..
1
N«wlioii<ta,i.*J.,-ra4
.'.'.'.'.'J
Hiinclal
Ux.
nil
18
4
rlmaM..
115
120
107
6«. 1»10
Olii<>-0n, 1886
iran-fuiiilaklK,
1888.
Brown oonmrii Us,
80
10
"ii"
1
8*.
District or Colombia—
a.6Sa, 1034
113
new, 189^.8.1900
•xipoo.
•
107
48 >a
4S
...
'
{
Konlatwwl
so'i
rnDdlii«Sa, 1890
DM.
H rihaii'ji'
•2d, 7.S, I.SIII
i^ricff.)
AlH. CfEilml lnt.liH. 1918
.MIi'KV (Vllt.- lHl.tl».llf."J
A l,li.1'..t .M. Ki' - J Kis.
MiikhiK
I'llllil, Hit,
A
All
lis,
1
9'JO
1911.
1910.
l'iii-.-l»t,
.1 V 1). -Ul. (ia.l'ik.lir.
'. iKlin. 1%
l»t, ."is
1 ..ii-,.i..lst. :•>, 19:11 ...
Minn., (.SI. I.. -Ist.T.s.KU.
I
No.—
I
.
Ill.CltV ,V West.
0. Kail. 1.1'.>« -N.
Isl,.'!.". 19'Jl
7s
Ist.Os
9511'
'"
l.Ht.
I
i(iiii>^
191:i
.-IS,
.'iB.
—
CheMapcakc
71
Ohio-
it
nioiii'v funil. 1898.
6s, Kolil. SCI its A, 1908
6». (.'"111. series B. 190<J
Gs. liiiniicv, 1918
107
70
23 "a
.
•72"
* Allou— 1st, 7s.
II8H1
slnkini; fund,
ti.s,
•2434
118'!)
126
1898
Consul. 7s. 190:i
.'is, sinkin;; lund. 1901..
6s, (Ifbt-nliires, 1913
la. Div.-S f(l., 58, 1919
132 Hi
I
09%
Plaluls. l'J21
C.K.I. *1'.-Ii8.cp., 1917. 129
e». res.. 1917
129
Kxt. & Col, 5s, 1934...
Kink. * Dca M.— 1st, 5s 10(ii
Conlial of N.J.— Ist, '90t. 109
*
*
lst.S.Miiin.l)lv.,0s,1910
*
Mliil
C*
•2(1.
•2il,
118Vj'
1'29
jl30
llBHl'
1191.J1-22
117
128
120
119
9H
112
119
'4I
KenfkvCent.— M.68.1911
'lI3
|107
97 "i
90'.
128 i-j
127
1-23
120
lOO'-j'lOO'',
124
1
101
la
Ash.- 78 ...
Buff.* Erie— Xewb(ls,78
KaL * W. Pigeon— 1 st
Dct M.* T.— l.st,7.s.l9U0
Lake .Shore- Div.bonds.
100 "a
Oni,—
Consul, (is. 1930
c.st.l>.*M.-l.st6s,1918
-No. Wis. -1st. B.s. 1930.
lll>a 112
122
,t
.
Consol., coin)., lat, 7a.
Consol., reg., 1st, 78 ..
Consol., coup., 2(1, 78.
Con.sol., reg., 2d, ta
Long Isl. KR.— lat, 78,'98
Ist, consol, 5s, 1931
.
.
Lonis.Weat.—lst, 6s
Loulsv. A N.— Consol., 78,
Cecilian Br'ch- 78, 1907
N.O.A
7s,l914
0(;lii-ral consol.. (i.s,1034
..
f.,
Cleve. P.
'e
1911
c.,
AN. I., 8. 7s...
Cleve. it Tol.— Sink'K fd
Now bonds, 7s, 188B..
.
Mob.-l8t,09,l'.'30
•2(1,08, l'J30
E.H.AN.-]8t,68, 1919
General. Bs. 1930
Pensacola Dlv.-69,1920
Dlv.-lst, 68, 1921
2d. 3s, 1980
Nashv.it Doc.— lat, 7a..
.S.AX.AIa.-S.f.,0s, 1910
Lonisv. C.& L.— 68,1931
Trust lionda. Oa, 1922.
St. L.
St.l'.iV s.c. ~lst.(is,1919 119
tliir.,V K.lll.. lat..s.f..cur.; 109'j
Consol., Ist, 68.1034
93=<
I
Cliic.si.I,..tP.-let.con.5s
95
80
1920
.
•2d. lis. 19-.'3
Chic.V W.lnd.-l»t,9.f.,«8 103 la...
(Jon'l niort., (is, I!)32
.|
Col.iV <ilc(>n.-lst,08,1916
10-40, Us. 19-24
L.El1e
AW.— Ist.O.s,
Sandusky Dlv.— 6a,
1919
1919
IJlf.Bl.AM.-lst.tia, 1919;
192B
Col. ll.Val.
lit Tol.-lat, 58
Del. 1..A \V.-7s,conv.,'92
No
C.St.I,.&X.0.^TBn.l..7a
1st, consol., 79, 1897..
M.S.
....
F.,t.- 81. P.— Ist.Ss
101
C.V.V.A Ind's-l9t,7,8.M 121
Consul. 7s, 1914 ...
7s,
1913
'.2
Mll..t.Mad.-lat,G».1905
120
1907
8.vr.HinK..t.N.Y.-lst.7s
Bs,
•2d. Us, 1907
Gold, 58, 1951
Dub.it .S.C— 2d Div., 78.
95 '4
Ced.F. & Minn.— lat, 7a.
95 »4' Ind.BI.A W.— lat, pref., 78
1st, 568, 1909
94 ".J
2d. 569, 1909
91 la!
Kastern Div., 6a, 1921
Indianap.D.itSpr.— l8t,7a
Ills
Milw'kee— lst,78
MoitftaKc
No., tsl..
main
129 (-i
Stamped. 4 p.
129
Lake shore—
Ott, C.
'2d, lis,
Waco &
Ill.C(-n.-Si)d.Div.— Cp. Oa
Middle Div.— Reg., Sa ..
102--I4!
OiJial
St. P.— l9l,78,'87
7s, 1907
Clili.it- All. -let. 68,
consol.,
2(1,
120'<4
111
97
97
it-
f(l,
Jt
2(1.
2(1,
Houat.E.*W.Tex.-l8t,7s
131
S.— Ist, (is
Clilc. St. P. Mill. A-
Waco
line, 8s
Xo.,8a,1915
General, 68. 1921
Miu-ap.— l8t,79
Consol. sink.
1905
Os, 19-23
lat,
I2OI4
ini.j
100
Pfninsiila— 1st, conv. ,78
cliii-.iV
-3634!
Han.A St.J.— Con.6a,1911
I
Iowa Midl;(nd-l8t, 88
Win.
99
107
75
1-29
113
.
])cs .M.,V
N.Y.L.K.*W.-New-Jd(is
I
Sinki.'fd.di'b..,)8, 1933
2.'!
IS (lib. 59, 1909
1,.
1^28
West. Dlv.— l8t, 58
•2d,ti9. 1931
19-29. reff,
MM
Bllft.X.Y.*K.-lst.l91B
I
Coii|Min. (-(lid. 7s. 1902..
Kcf-isI il, (-.ilil, 7s. 1902.
t^inkin;; fund, lis, 19-29..
.Sink, fnn.l. iis.l;i29.ivB.
Sinkini.' rnild, 5.S. I'XZ'J
Ksianalia.t
107 la
Houston ife Texaa Cout.lat, M. L.,78, 1891 1 ..
lat. Western Div.. 78
102»8
.",s,
6th, 79, 1888
Ist, cons., gold, 7s, 1920.
lat, cons., fd. ciniji.. 7s
102>.jl02»4'
•20. 59. 1911
137 ,138
Int.it G(.Xo.-lst,Bs,gold
102 "a'
Couniin. Us. 1909
Isl. Ts, IKX.'i
ViH
47 »4
92
881a
125
Gr'nBayW.ASt.P.— lat.Os
Gulf Col. &S.Fo-7a, 1009,
OB
80
94
89
Chic. iV .Nm-tliwest.—
Sinkinjr l-'nnd, 78, 1885.
Consni. bonds, 7b, 1915.
Kxtfiisiim bonds, 78, '85
Sink, tuinl.
108
I
•95
53, 1910.
Kun. niv. 5a.l921
1921
I't. IJiv.,
I,.
2(1,78,1891
,
1
S'thw.Elt,-l8t.7s.l910 11234'll3i.j
103 "a 104
Pac. Ext.-lst, Us, 1921
Mo. K.& T.-(!eli'l,li8, 10'20
72
94
General, 5s, 1920
551a'
4013
Cons., 7s, 19(1456
104a4;106'a|
81
Cons.. •2d. inciuuo, 1911
41
II. .t Cent. .Mo.— lat, '90 ibsij
Mobile ,t Ohio-New Ua.. 107
Collaler'l inist, Os, 1892
.--,
95
97
115
l9t. Extension, 68. 10^27
107'
4811 Morgan's La.A T.— Ist, 68
l9t.7s,191H
.. 110
Nash.Chat.A St.L.— l8t,78 117 |119
2d, (is, 1901
89 "5 N. Y Central-Bs, 1887
i'ds'^l'.'.'.'.'.
104 lal
Deb. certs., oxt'd 58
N.Y.C.A H.-l8t, cp.,
(134%
103
lst,r(>g., 1903
135
102 103
Deb., (IS. 1901
I
60
.
'
102
1071a
lIuil.Kiv.— 7s.2d,8. f.,'85
11218 113'a'
105
Ij>nlsv.N.Alb.*C.— Isl.OsI
General niort., Os, 1914.
I.OU. N. O. A Te.x.— lat, 6h
ManhBt.KcbCo.-7a,l909
Harlem— 1st,
I
7s,
i
57 "a'
Tl-ust Co. receipts
*
N. Engl'il- Ist,
Ist.Bs, 1905
98
made
this
R
80
108
Ill's
W.*Og.-l9t,7s.'91l
('on., 1st. ext.. 5s, 1922.
Us, 1921!
Consol., l8t, 69, 1922 ...
Roch.APltt.— Ist,
78"
77
107»4
80
Rlch.it Aileg.-.l9t,79,1920
53
Rich* Uanv.— Con9.,g.,08 KM)
Dehentnre Bs, 1927.. .' 04
Atl.ACh.-lst.nr.,7a,-97,
Incomea, 1990
Hcioto Val.— Ist, couB.,
St. L. A Iron Mt.-lst,
2d, 7a,
90>4
.i7ia
loo's
68
110
•82 "a
80
"ta.
7a.t
1897
'ni%
iin-s
Arkanaas Br'ch— lat, 78* 108 10914
Cairo & Fnltnn— lat, 7a. 106 'a 108
Cairo Ark * T.— lat, 7a.!
106
Gen. r'y « 1. gr., Sa, 19311 701a 71
St.L.AltoiiA -r, II.-lat,78 112
'2d, prof., 78, 1891
10713 110
'2d, iucoine, 7s, 1894
90'4 100
Bellev.it So. 111.— Ist, Sa
P.Minn. A Man.— l8t,7a
1909
lU^a
110
12
11312 II4I4
113'a 114
Dakota Ext.—Oa, 1910..
1st, consol., Ba. 1933
lat, conaol., Bs,reg.,1933
Mln'a Un.— 1st, Bs. 19'22
St.P.* Dill.— 1st, .'is, 1931
So. Car. R'v.— 1st. Ba, 1920
2d, Bs. 1(531
35
35
78 •110
100
N.Y'.C.*St.L.-l8t,68,1921
2d, Bs, 1923
N.Y-.W.Sh.A Buff.—Cp.,5a
Ilegistereil, 5s, 1931....
1898
Pitts. Cleve.A Tol.-lst.Ba
Pills. .Iiinc. -Ist, Bs. I'.rj2;
2d, Oa,
N.Y.C.AN.— Gen.,68,1910
N.Y.
79.
St.
102»i
.
I
76'',
Shenaiid'hV.- lst,7a,1909
•35 Is
General, Bs, 1921
Tox.Ceii.— 1 at, a.f .,7a, 1909
107
'a
107 '4
108
103
*104ia 106
'80
ido"
50
50
1st, 7a, 1911
Tol.Del.A Burl.- Main, Oa •16
lat, Dayt. Dlv., Os, 1910
81
91->i
1st. Ter. trust, 6s, 1910.
N.Y.N.lI.AH...l9t.,rg.,49 106
Tex.A N. O.-lat, 7s, 1905
GO
65
Nevada Central- 1st. Bs
Sabine Div. .l8t,Bs,1912
80V
104 104 »8 N.Pac— (i.l. gr.,lst. cp.,U9 105'a'10534l Va. Mid.— M. inc., 63,1927
80
Registered. Us, 1921... 104 i-j' 105
Wab.St.L.APac— Gen., Os
40
114131131^1 N.O. Pac.— lst,B9,g.,19'20t
60
Chic. Div.—59, 1910
77
78
Norf.&W.-Oen., 6». 1931
95
Hav. Dlv.-6s, 1910
8419 84=8
New River— Ist.Us, 1932 95
Tol.P.AW.-lst,78,1917 "75'
so"
71
Ohio* Mlsa.- Consol. 9. fd 116
Iowa Dlv.— 69, 1021
70
72
11834
Consoliihilcd. 7s, 1898.. 116
Ind'polis Div.-Bs. 1921.1
67 "a 50
2d ciin.s.iliiliited, 78.1911
110
Detroit Div.-Ga, 1921 ..I
Ist. SiiiiuL'lield IMv.. 79
Cairo Div.— 5s, 1931 ....
32
Ohio Cential-lst.(is.l920
Wabash— Mort. 7s, 1909 71
112
lat, Tenn'l Tr., Us, 19-20,
Tol.A W.— 1st, ext.,78.| 1081% 109
lat, Min'l Div., Us. 1921
Ist, St. L. Div., 7a, '89.1 100
101
115
89 14 90
OhloSo.— Ist, Us, 1921
93
2d, ext., 7a, 1893
9S
104
Oreg'nA Cal.-l9t,Us.l921
E(iulpm't bda, 78, '83. •30
72i.j
78"
74
Or.*Tran9c'l—Bs,'82.1922
Conaol. conv., 78. 1907r
82 'a
'88
Oregon Imp. Co.— lat, 6s.
81
106'4
Gt.West'n— lat, 78,
Oreg'n RR.ANav.— l3t,68 llOia llOV
93
'2d, 7s, 1893
Debentures. 7s, 1887 ...(*102ial....
Q.A Tol.-lst, 7s, 1890
114 "a
Panama— s.f.sub.Bs.lOlO*
1101
Han. A Naples— lat, 7a
103 la
116
Peoria Dec. A Ev.— 1st, Ba
Ill.A Ho.Ia.— l8t.ex.,6al
93
Evan8.Div.-lst,6s.l920
92
St.L.K.C.AN.-R.e.,78;*102
70
Peoria* I'ek.Uii—lst.Os. 101
Omaha Div.— Ist. 7a.|
911s
66
112=4 113
Pacific KailroadaCUr'da Br.-Os, 1919
76
76
Central Pac— Gold Ca
St.Cha8.BKe.— lat.Bs •80
*108
87
Ban Joaquin Br.—Oa
No. Missouri- Ist, 7s..
112>a
Cal. A Oregon— Ist, Ba
98Hi
West.Un.Tel.— 1900, coup 113
105 'a'
Cal. A Or.-Ser. B., Os. '99
113
1900, reg
69
75
L.aiid grant bonds. Oa. 102f8'103'a N.W. Telegraph— 78, 1904
W(!st, Pac— Bonila, Ba.. lOSajiloya Mut.Uu.Tel.-S.fd,08,1911
69
69V
00
No.K'wavlCal.)- Ist, Bs 103
97"% 98 14
80. Pac. of Cal.— lat, 69.
INCOME BONDS.
103
So. Pac. of .\riz,.— ]9t, Ba
ihiterest payable if ettnud.)]
102\
So.Pac.of.V.Mex.-lat.Ua gsU
Atl.& Pac.-lnc, 1910....' 14
106 iioeu
Union Pacilic— lat. 6a.. 112'8 11314 Central of N.J.— 1908 ....
117'al'20
E.T.V.A(ia.-Iuc,6s,1931
Land grants. 7a, '87-89 loo's
122 'a
tinklngfiiml, 89, '93..
Or.BayW.A St. P.— 2d,lno. 'V'
100
Reg., 88, 1893
Ind.Bl.AW. Inc. 1919
Ciin.siil., Inc., Bs, 1921. ..,*
Collateral Trust, 69...
SO
123
Ind'sDec.A spr'li— •2(l,inc.
10
Do
20
58, 1907
1'28
Kan9.Pac.— l9t, tin, '95 iiov
Lch. A Wilkoab.Coal.- '88
l'26ia
l9t, O9, 1K9B
28
Lake B.A W.— lno.,7g,"99 *
115»4 llB'.j
Denv. Div.Bs.aas..'99 ib'siil
Saud'ky Dlv.-Inc.,1920
36
92 3,
115 illB
lat, Cdnsol., U.s,l9l9.
80
LaMll.&Mun.-.Inc.,'?s,'99 *
121
....
80
C.Br.U.P.- F.e..7B.'95 lOB
Mil. L.Sh.*W.— Incomea
106
58
At.C.&P.— I9l,8s,l905 90
Mob.* O.-lat, prf.,deb«n. 50
1*
30
At.J.Co.A W.— Ist, 68
90
2d, pref., debenturea
110
84',
87
OrofT. Short-L.— lat, Bs
,3(1, pref., debentures
100
(lelienlui-es.
..
Ut. 80.—Geii.,7a, 1909
07
4tli, pref..
N.Y.Ijlki-K.AW.-lnc.Us'
Exteu., 1st, 7s, 1900
81'a 811a
•03
71
Mo. Pac— 1st, 00U8., 68. "93"
Ohio Cent.- Inccinie. 19'2II
102'ai....
Im-.,7s,I9-.'l
Div.—
106
S(l, 7a, 190U
MIn'l
89 '4| 90
Oblo.So.-'2dlui .. lis. 19'.'1,
Pac. of
lat, 68... 104 »8
36
109
jPcoriaD.A Ev.-Iiic..l9-.'ll
2(1,78, 1891
Evansv.Dlv.— Inc., 19'J0|
"os'v;:"
BtL.* S F.— -2(1,08, CI. A 101
•43
Roch.it Plltsb.— Inc., 1921 •45
100
68, t'laaac. 1900
35
87
iRonie W. A Og.— Inc., 7s.
101
8a. t'laaa B. lOOB
•30
35
ISO. Car. liv.— Inc.,(i8.1931
90
lat, Oa, Pierce C. A O..
37
Dlv.bda
SS
St.L.A.A t.n.
Epuipment, 7s, 1895.. iiii"
82
FREE LIST.
Ocn'lmorl., (is, 1931.. •03 »j 94 V
lOS
70
80. Pae.of -Mo.- 1 st, Oa 10334 104 V Conaol. Coal.— ConT.6a,^97 103
60
Col.C.AIr.Co.— l8t,con.,69
Tei.&l'ae.-l8t, Ba,1906 *74" 107
Cum. A Penn.-lat, 68. "91 102
Conaol., Bs. 1905 1 ....
104
2d. 6s. 1888
Income A Id. gr.,r(^.. 33 "so"
66 IDos M. a Ft. D.— 1st, 68
BloO., 6a, Aug. cp. on
97'a
86
62 IFt. W. it Denv. C.-lat, 6a 68
Do
ex Aug. cp.
•88 ti 891a
lPullniansl'Bl.Car-stg.78 '103
Oen. niort. A Ter. 68..
'lOg
78.(lel)enlure. 1888
Pennsylvania RR.—
'107
100
Warreli-^2(1. 7b.
Pft.C o.'a guar. 4 '.j9.l9t,cp
99=4' N.Y'.
99 V 102
I
Susq.A
Debenture,
W.— lat, Bs.t
1897
Midland of N. J-lst, 6s
Ua,
V
I
week.
I
|
,
I
.
.
.
UV
I
Mo—
I
I
.N'.Y.itM.H'li-Ist.7s.'97
prices Friday; these are lateat quotations
St,r,.v.&T.H.-lat,g..7a
I
I
10734
tial.Har.it S..int.— lat, Bs
1
119
Wls.iif Min. Ulv.59,
Tclliiinal .-IS. 1914
120
110
99
I
iio"
138
126
107 >«
117
C'lev.* Pitta.—Cona.a. Id.
4tli, 9. fd., 6b, 1892....
'2il,
138 . 138 >a
lS»>a
2(1, guar., 7a, 1898 ....
lOOiailOlia' Pitts. U.A IS. -1st, 09,1911
Os, 1924
Minn. St. L.- l8t,7B, 1927
lowaExt.-lat, 73, 1999
I
89
(.'.-l»l,78
'2d,
1
97
Ev. & T. H.— l8t, con9., Ba 104
94 >a
Mt.Vern'n-lst.Os, 1923
95
91
Fargo A So.— 1st. Us, 1924
liiov Flt.tP.Maiq.— M.1is.l920
981-j'lOO
94
Pitts.
115
extended. 5s, 1919..
Sd, extended, 4 "as, 1923.
4th. extended, 59, 1920.
113i.j'llli.j
Isl.chic.iV P.\V..68,1921
107
A
Ellz.L(>x.* niK.sanrty— Ga
Eri(-— Ist. oxtcii(l(Mt, 79...
•2(1, 7.S,
111)
1st. II.
1).. 7s, 1910 .
Cliic.t.- I'llc. Div.Bs. 1910
7b.1613
Ft.W,*
78,1912
3d, 78, 1912
-118
1
'2(1,
1002
Mich. Dlv.-lst.
1^27ia ....
Ask.
07
Co.'a 1 (as.Reg., 1921
PlItji.C.Ast.I.. .fBt,c.,78
lat, reg., 79, 1900
I'n.
Milw.A No. -Ist, Us, 1910
lal, Os, 18811913
Mil.L.S.AW.— l9t,(is,l921 10414 105 Sj
119".
Buff.AS.W.— M.,Bs,ly08
i-j
I,(li.,«W.H.-Coli.i;'(l.a8.
Ani.l)k*Imp.— 5s. 1921
Ch.M.,* .st.l'.-lst.Ss.P.D.
2(1, 7 3. 108. P. IJ.. 1898
isl, 78, $ (T., n. n., 1901
Isl. LaC. 1)1 v., 79, 1893.
Ist. I. it M., 78, 1897 ...
1st, I.
D., 78, 1899.
Isl, c.
M., 78. 1903
CorLsol. 79, 1903
Ist, 7s. I.ili 1). Ext., 1908
1st. .s. W. Div., (is, 19(19.
1st, 5.S. l,aC.i(tI)av.,1919
Culiaol., Sa,
Os, 1909
Coupon, 5s.
104'^
137
1st, cons., 58, 1930
Divisional 5s, 19301
EUi.C.it
8.f.(leb.,c.,6a
1st, Bs, 19'20
124',
131
•130
l8t.rog.,7a, 1921
Land grant, 3 i,js, s. A..
E.T.Va.itCf.— l9t.78,1900t
97
si
1931
Ueglatert-d, Ss, 1931 ..
Jiick.Lan.A Sag.-BB,'91
113
•113
118
114
&
Lj
CoUat'l trust. Us, 1922.
108
SlnkinefniMl. 4s. 1919
90
Dpnvor IJlv.—48, 1922..
93 hi
lsl.('(ins.a.s.sent.7ft.lH99l
Coiiv.. asHontcd, 78, 1902
AilJnstuicnI. 7s, 1903...
Conv. (li'liiMit.tis, lyilH..
000
1
124
Bid.
Penu.RR.— Contluiiod—
loo's
M., 7s, ux.cp.,ll,7,(& 8
Mh^li.Ciint.— Coii8.iB.1902
I
lat, coua., gu., Us, 1900
War.- 1st, cp.,78
.
(Juincy—
Burl.,*
at, con8.,f<uar.78,
"a
HEC17RITIE8.
Aak.'
Meliop'llt'ii Kl.-lBt,1908
'211. Os, 1899...
Mex. Cenl.-l8t, 7s, 1911.
135
...
coup
Ist, 79, reg., 1900
Reorg., 1st lien. (Ss. 1908
N.Y.Elev'd-lst, 7s, 1906 il9i.j'il9'8
Ijong Dock irnds, 7s. *93 lie" ."""J N.Y.P.&O.-Pr. I'n. 6s,'95
7s, '98
SIlKs. K. llr'(t(^-lst,s.f .Ba'
t'tilc.
0(1
•2d,
Ist.ltiiar. (5641, 79, '94
2(1, (liliO). 7s,
!i(l, guar. (IS,-*),
Construction, 5s. 19*23
Dfll.it Hii(l.(anal-l8t,7B
lat, cxt., 7s, 1891 ...
Coiipou. 78, 189 1
Rcxisteicd, 7s. 1 89
l8l. Pa. I)lv.,cii.,7s.l917
iBt, Pa. My., rcK., 1917
Alb. (t SU8(i.— 1st, 78...
2(1,78,18*5
144
114
N.—
7«.
* Chic— 1st,
Jack.
I,.
77
19(l:t.
Mo. Hlv.— 1st,
7s, 1900
2(1,
St.
108'-j
92
73
MorlKaiti' lis, 1911
Cln's.0..ts.\V.— M. 5.«s...
J.a. .*
121
Uenv.Jt Rtodr.-lst. 19(K)
lat, consol., 7b, 1910
Den.So.Pk.itPac. -1st
Den.* KloCi.Wcst.- l8t,«9
Det.Ma(*.*Mai(i.-let.8
109
.
N.V. I.ack.*\V.-l8t,0B
Reus.
06
Pur,
1-23
1
98 >«
98
70
1913
Ccnlval lowil lat, 79,'99 t
Elisk Div.-lst. B«. 1912
111. IHv.-lst, Us, 1912..
Char. Col. ,fr AUR.— Ist, Ta.
ClilillKo
iio
•95
l>.-Con8.,e8
tleni'ral. «B, 1924
Can. So. ~lHt, int. guar. 5a
Uri;..
1'20
105 '„' 1(10
Y.A
Bnff. N.
2.1.
72
140
113
llonds, 7.S. 1900.
78 of 1871, 1901
Ist, consol., iriiar., 78..
SECURITIE.8.
Ask.
BIrt.
Dol. I,. * W. Contln'rtMori-iSiV MssrX— lst,7H.
Ritilrond Bolld^s.
iStirfk
SECURITIES.
Aak.
60
iio"
RAILROAD BONDN.
SECURITIES.
Aak.
8%
6A,diii«rr,Mi
*
103
i
189:<
1914 ....
'U,i9ij
««.<
fa,
8a
S'»
Bid.
ri«a
111
113
lUSa4
ea.AolMar. 23. 1R89>
117
— "-,,
48
is
H»
»9
7J
43
SO
Oarollna—
Botitli
HH
US
»•, Tl'".......
,<:t..i
Vlrifi.
Oa, II
W
Wll.C'.dtHa.U.
Do
Coimol. 4«, 1910
SBOnBITIIB.
TtnoMMA-nonMnnad-
t
Coupons
off.
—
.
.
.
THE CHRONICLE.
360
New York
Bank Stock
Insurance Stock List.
by E. 8. Bailey, 7 Pine
[Prices
PRICE.
COMPANIES.
(*)
are Par.
not National.
America*
Amar. Hxchange . .
Broadway
Bntcbers'
Central
4 DroVs'
Cbase
Chatham
Chemical
Citizens'
City
Comlrnerce
Continental
Com Exchange*
Kast River
BUTenth
Ward*...,
Avenue*
!th
JlPBt
Fourth
Tatton
.
Giaiatln
Oarfleld
German American*
German Exchange'
Germanla*
Greenwich*
Hanover
Imp.
.
;...
Traders'
<fe
Irving
Leather Manuf'rs'..
SCanhattan*
Marine
Marlcet
Mechanics*
Meclianics*<& Trads'
.
-
Mercantile
Mercnants'
Merchants' Exch...
Metropolis*
Metropolitan
Mnrray HUl*
Nassau*
New York
Hew York Cotmty
.
W.Y.Nat. Exch....
Ninth
Nortli America*
North River*
Oriental*
Pacific*
Park
People's*
Phenix
Produce'
Republic
,
St.Nlcholas*
-
Seventh Ward
Beoond
Shoedb Leather
New York'
State of
Third
Tradesmen's
Bid.
I
American
Amer. Exchange
50
..
100
25
Bowery
26
Broadway
17
Brooklyn
20
Citizens'
70
City
100
Clinton
60
Commercial
100
Continental
40
Eagle
100
Empire City
SO
Exchange
60
Farragnt
17
Firemen's
10
Firemen's Tmst...
Franklin & Emp.. . 100
German-American 100
60
Germanla
50
Globe
25
Greenwich
100
Guardian
15
Hamilton
60
Hanover
100
Home
60
Howard
Irving
100
30
Jefferson
Kings C'nty (Bkn.) 20
.
Knickerbocker
40
Long
50
Isl'd (B'klyn)
140
95
130
170
155
125
116
1'.'0
20
2'20
230
70
75
100
75
30
105
205
120
105
220
60
100
120
120
53
40
118
200
80
Manufac. A Build.. 100
Mech. & Traders'
26
Mechanics' (Bklyn) 60
100
40
75
65
100
Montauk (Bklyn.).
100
Nassau (Bklyn.) ..
145
National
371a 80
N. y. Equitable ... 35 145
100
70
N. Y. Fire
Niagara
50 120
North River
26 105
25 165
Pacific
100 100
Park
20 140
Peter Cooper
People's
50 100
Pbenlx
50 ISO
25 110
Rntger's
Standard
60
95
Star
100
40
Sterling
100
60
Stuyvesant
25 100
25
United States
123
Westchester
10
120
WilUamsburg City 50 216
Mercantile
Merchants'
50
60
50
50
160
102
110
180
170
140
120
125
30
230
246
80
100
108
85
60
111
220
125
110
260
87
108
127
126
65
53
125
210
90
106
112
50
85
63
105
107
150
87
155
80
125
111
175
108
150
110
135
118
100
65
55
120
130
125
226
,
,
West Side'
Oitlzens' Ga8-L.(Bklyn)
Bonds
25
20
Gas
100
Jersey City ife Hohoken.
20
Metropolitan— Bonds .. 1,000
Mutual (N. Y.)
100
Bonds
1000
Nassau (Bklyn.)
26
Consollrtated
Vftr's
10
Bonds
Bonds
','",,
Williamsburg.
Bonds
......
Metrojiolitan (Bklyn.).
Mmiiiipal— Bonds
1,000
Var's
60
1,000
100
1,000
Fulton Municipal
100
Boiitis
Equitable
'ibo
1.000
Bonds
Ft. 8.-78, Isti IO3I2
10814
43l»
9
83
Income
Scrip
N. Y. A N. England— 8s..
78
N. Mexico A So. Pac—7s
Ogdensb.A L.Ch.-Con.Os
iW
'&"
Date.
Amount. Period
2,000, OOOi Var's
1.200,,000) Var's
259,,000 A. &0.
35,430,,0001
756,,000 J.
J.
700,,000 P.&A.
3,500,,000: Quar.
1,500,,000 M.*N.
i.ooo:,000, Var's
700 ,000 M.&N.
1.000 ,000 J.
J.
4(10 .000 M.&N.
130,,000 J. & J.
1,000,,000; Quar.
5
3
3 "a
&
'fia
3
Jan.'iV '85
14.5
1902
110
134
85
110
86
114
126
114
122
125
2"a Jau.lO,'
3
1902
110
2
Jan. 1,' 85 1'20
2ia'Nov.
1.' 84
93
lijMchlS,''85 80
1,''84105
1,''84
98
2'9 Jan.20,'
1H6
1,000 OOOIA.&O. 3
1900
106
1,000 000
Jan. 1 '85 96
750 000 M.&N.
1888
105
3,000,1,000
Jan. 15.'
161
300,1.000
1900
101
2,0001,000
106
1,000 000 A.*0,
1900
105
&
Ask.
Bid.
N'r 10, '84 131
Jan. 1, 85 83
S'g F., 99 107
85
95
82
110
101
140
'
I
3 "a Nov.
8
Oct.
1
;iio
!
98
110
l.iS
105
108
108
lom
119
89
A Topeka
A P.aciric
Bl'cker ist.di Fult.F
btk
Ist moi-t
Br'dway ,b 7th Av.— s't'k.
1st niort
Brooklyn City—Stock
.'.'.
Istuiort
Bklyn. t'rosstown- Stock
Ist luort. bonds..
.
Bnsliw'kAv. (Bklnj— Sfk
Central Ciosstown— Stk.
1st morl
Oent.Pk.N.A E.Rlv.-stk
Con.Hol. mort. bonds
Ohrist'ph'r&lOth 8t-Stk
Bonds
DryDk.E.B.A Bat'y— Stk
1 St mort. , oonsol
Scrip
Klghth
A v.— Stock....'.".'.'
Scrip
4ad * Or'td St.F'fy-Btk
lat mort
Honst.W.st.&P.F'y'.-8'ti
mort
Becond Av.—Stock..."!!
Ist mort
1st
Cousol
Blxth Av.— Stock
1st tuorc
Third
A v.— Stock
Bonds
Twenty.thlrd St.— Stock!
1st
'
mort
Grant, Broker, 145 Broadwiiy,]
100
900,ooo:J. & J.
'85 24 '4
^llJan.,
25-.,
1,000
700.000 J. * J. 7 Jaly,1900 112 llSSi
100 2.100,000, Q.— J. 2 Jan., '80 lOrt 172
1,000 1,500,000'.1. &D. o !JuDe,190t 104
105
10 2,000,000' Q.-F. 313'Feb., '85 216 220
1,000
800,000;J. & I. 5 Jan., 1902 los
112
100
200.0001 A. *0.
llcl.,
'84168 176
1,000
400,0(10 J 4 J
Jnn.,1888il05 112
100
500.000 Q.—F.
Feb., '85 162
167
100
600,000 Q.— J.
'8.5 155
Jan.,
160
1,000
2,50.00(1 M.iN.
Nov.. 19221110
II2I4
100 1,8011.000 Q. I.
Jan.,
'85il44
146
1,000 1,200.000 J. & D.
l)ec.,1902;i21
123
100
G.jO.OOO Q.—F. lla Feb., 'So 132
137
•250,000 A. & O. 7
1,000
Oct., 1898«no
116
100 1,'200.000 Q.— F. 2>a Feb., '85;i!IO 193
500 Jic. 900,000 J. & D. 7 |Jnue, '93:114 116^1
100 1,200,000! F.A A.
Feb., 1914,101
105
100 1.000,000: CJ.-J.
Jan.,
'85 240
265
100 1,000,1)00 F & A.
Fob., 1914 1116
108
100
Q.—
'35
748.000;
P.
Jan.,
245 255
1,000
2.36,000'A.<feO.
Upril. '93 11-2
117
100
250.O00! Q.—F.
Feb., '85 140
150
500
500,000 J. A J.
Jiriy,
'94 111
113>a
100 1,862,000 J. & J.
Jan.,
'86 181
185
1,000
400.000 M.AN.
1910
103
105 Hi
1,000 1.0.50,0001M.ctN.
May, '88 105 106
100 1,500,000 M.& 8.
Nov., '84 300
1,000
600,000'j. <t J.
Inly, '90 110
i'15"
100 2,000,000 Q.—F.
Feb., '85 200
300
1,000 2,OOO,O00!j. A J.
Jan., '90 111
113
100
600.0001 F.& A.
Feb., '85 200
202
1,000
2.50.0001 M.&N.
.May, '93:112
114
This solnmu snows last dividend on
.
—
itocfcs,
but date at maturity of liondt.
121
1900-04
IthacaAAth.— lat, gld.,7s
I.eh.V- lst,8s,C.AR,,'9«
2d, 7s, reg.,
!
Concord
Connecticut River
Conn. A Fassumpsio
Connotton Valley
Det. Lansing A No., pret.
Eastern, Mass
11 8=4 117
15
5821] 83
--.Fltchbnrg
Flint A Pere Marquette.
PreloiTed
Fort Scott & Gull
Prelcired
92
Falls A Sioux CityKan. C. Ulin. A .SpringI'd
Kan. C. Springf. A Mem.
Iowa
A
Rock
70
30
Ft. .Sniilh.
2.5
Louisiana A Mo. River..
Preferred
,«
94
Maine Central
Marq.IIought'n&Onton.j 20
«50
Pretcn-od
83
Metropolitan
9i.
9 Is
Mexican Central.'
Nashua A Lowell
& New KuKland
Old Colony
Ogdousb. &
94
130
...
H23
914
124
153
Champlain
116
I9I4
lOia
Worcester A Nashua
Wisconsin Central
78.
Syr.Gen.&Com.— 1st.
78.
W.— Ist, 5s
A Pac— 1st,
6s,1905
Consol., 68, 1905
121.
Union A Titusv.- Ist, 7s
United N. J.— Con3.6s,'94
US
Cons. 6s, gold, 1901...
Cons. 68, gold, 1908...
Gen., 43, old, 1923...
PHILADELPHIA.
RAILROAD STOCKS,
Allegheny Valley
Ashtabula A Pittsburg..
'
t
835
860
122
9934 100
105
105
741a
35
9913
,
.
Gap
2I4
1st preferred
18
20
641a
56
6I1.J 52
2d preferred
Delaware A Bound Brook 126 127
60
E.asl Pennsylvania
io'
Elmira A williaiusport..
54
Preferred
Huntingdn A Broad Top
"
Preferred
56°8
Lehigh Valley
A Well. Haven...
Nesqnehouing Valley
Norfolk A West'n— Com.
60
50
"2i\
Preferred
Philadelphia
A
A
83 14
19
107 13
Erie
Noiristown
Phila. Ger.
N.Y..
Phila. Newtown
Phil.a.A Reading
Bait
Phila. Wilm.
St. L.— Com.
Pltt.ib.Cin.
2334I
81.
82
A Del.— 1st, 63,1886
Lehigh Nav.— 6s,reg.,'84. 81081a
Ches.
Mort. RR.,reg., 1897
..
Cons., 7s, reg., 1911
1221a 1241a
82
Schnylk. Nav.— lst,6s,rg. 107
82 3,
2d, 68, reg., 1907
A
100
Ohio
1st pref
2d pref
Parkeraburg Br
50
60
60
60
Atlanta
Inc
39
Atlantic..
CANAL STOCKS.
Lehigh Navigation
Penasylvania
Schuvlkill Nav.,pref,,.
RAILROAD BONDS.
1071.
09 >s
2d3
No.Ceutial— Os, '85, J.AJ.
68,1900, A.
6s,gold.l9O0, J.AJ....
&0
re!<.,1908-...
Belvid'o Del.— l8t,6s,1002
3d, 6s, 1887
Gap— 1st, 78,
i
100
2d, 6s, 1883
51021a
1893.
1905
109
100
Consol., 6s, 1913
Buff. N.Y.A Phil.- l8t,68
2d, 78, 1908
Cons. 63,1921
Ex-dlvldend.
t
2d8
3d3
913
'14
hare.
lioia lll"a
A Aug.— 1st..
ColumbhaA Greenv.- lets
117
48ii
"I'ij
Cin. "wash. 'a 'Bait!— l8"t"s!
Charl. Col.
40
.
Allegh. Val.— 7 3.10s, '96
78, E. ext., 1610
Inc. 7s. end., coup., *94
Ashtab. A Pittsb.— l8t,68
68 la
180
126
117
88
90
Balt.AOhlo— 68,,'85A.&0 1021a
103
Cen. Ohio.- 6s, lst,M.AS. 107
Westchester- Cons. pref.
West Jersey
West Jersey A
116
Peuusylv.- 6s, cp., 1910..
RAILROAD BONDS.
A Charl.— Ist....
»'-4
195^
Companies..
108
1901
CANAL BONDS.
Central Ohio— Com
o33<
Pref
19
Western Maryland
A
A
J.
A
6s, P. B., 1896
Gen., 78, coup..
Baltimore
59
Northern Central
North Pennsylvania
PenuHVlvania
122 >a
113
1899
BALiTI.nORE.
BAtLR'D STOCKS. Par
Atlanta A Charlotte
Fi-efened
Minohlll
Ist, 73,
Cons. 63, 1009
W.JerseyAAtl.— lst,6s,C, 105
Western Peiin.— 68, coup, 108
21a
CatawL^Ra
"t
35
23
I
Buffalo S.Y. A Phil
Preferred
Caiuden A Atlantic
Preferred
Ist, 68,
74 »4
8811a
Warren A F.— Ist, 7s, '96 10:
1151a 118
West Chester— Cons. 7s
W. Jersey— 1 st, 6s, cp.,'96 1131a
Preferred
United N.
A
Erie— Isi,
Tex.
72
Preferred
A B.—78,cp.
Sunb. Maz. A
2d, 6s, 1938
9H,
A
Pitts. Titus.
SliamoklnV. A Potts.— 73
shen. Val.-lst. 78, 1909
Geu'lOa, 1021
lu'-onie, 8s. 1923
Income. 58. 1914
Sunbury
"I'^'O"..!
L.
g., 1.R.C.1911
Imp., 63, g., coup., 1897
Gen., 6s, g., coup., 1908
Gen., "is, coup., 1908...
Cons., 6s,
41
Income, 7s, coup., 1896
741a
31
Cons. 5s, 1st ser.,c.,1922
71
19
Cons. 5s, 2d ser.,c., 1933
4 '2
71
Conv. Adj. Scrip, '85-88
Debeutuie coup., 18931
"26"
Scrip, 1882
62
Conv„7«, R. C.,1893.-t
94 »i
Conv. 7s, cp. off, Jan. ,'85
22 M Phll.Wil.A Rail.—l8.tr.ot
96
64
Pitts. Cin. ASt.L.— 7s.... 1.0
16^ "I6V
Fortsm.
Port land S.aco
Rutliind— Preferred
SuMHiiit IJrauch
Bell's
:24iv
'
Cheshire, preferred
Chic. A West Michigan..
Cinn. Sandusky & Cleve.
Ist, Os,
i'28""
135
1910
Cons. 63, 0.& R., 1923..
N. O. Pac— 1st, 6s, 1920.
,
Little Schuylkill
[CJuotations bj H. L.
Acoup
cp.,
I
Boston A Albany
Boston A Lowell
Boston & Maine
Boston A Providence
Boston Revere B. A Lynn
Cainhrid-e
Bell's
reg.
Cor.CowanA .\ut..deb.68,
Delaware— 6s, rg.A cp.,V.
Del. A Bound Br —1st, 7s 120
East Peun.— lst,78, 1888
I
Ark.'Vai.— 7.S.
STOCKS.
Little
New 7s,
Conuect'g 6s,
No. PODU,- 2d. 78, cp. '96. 123
12513'
Gen. 78, 1903
105
Debentui'e 8s, reg
Norfolk A West.- Gen..6s
93
{119 1191a
95
N. R. Div., 1st, 8s. 1932
971a
901a 100
N. Y. Phil. A Nor.— Igt, 6s
95
40
50
Inc., 6s, 19:13
CityAl.'hic—
1st,
6s..
Oil
67
75
80
Oil Creek— 1st, 83, coup.-.
63j
8"v
Pennsylv.—Oen., 68, reg. 128
173"-.. 174
Oen.,6s, cp., 1910
'110
llOb Cons, 6s, reg., 1 905
120
174
Cons., (5s, coup., 1905... 12; la
174
IO813
Cons., 58, reg., 1919
loei.
126
Pa. A N. Y. C.-73, 1898- 124
135 il38
7,1906
97
Perkiomen— 1 st, 83,cp.'87
Phil-AEiie- lst.7s,cp.'88 1U=4 ......
n\
Cons., 63, 1920
la'.
107
Cons., 53, 1920
166
Phila, Newt. A N.Y.— Ist
75
I2II3
Phil. A R.— 1st, 6s, 1910.. 120
117
2d, 7s, coup., 1893
no's'
Cons., 7s, reg., i9Il
47
Cons., 78, coup., 1911 .. 110
Rutland— 6s, 1st
Sonora— 7s
Atlantic
Cam. A Burl. Co.— 6s, '97.
Catawlssa— Ist, '7s, con. c.
Chat. M., 10s, 1888
?'20
Income
Old Colony— 73
Atchison
llOia
Kastou&Amb'y— 58, 1920 110
El.&Wm.sp't-lst,68, 1910 114
5s, perpetual
100
Hari-isb'g- l8t.68,1883.. 101
H AB.T —1st, 78, g., 1890 112
4a»a
Cons. 5s, 1895
85
i'0'9% 109=4
Northelll ol N. Hampsh.
Norwich A Worcester...
1,000
Scrtp
People's (Bklyn.)
i
K. City Sp'd A Mem.— 6s
Mexican Central— 78
Pueblo'
105 >s
2d, 6s, 1904
Cons., 6 p. c
[
A
A Ambov—6s, c.,'89
A Atl.— lst,78,g.,'03
Mort., 6s, 1889
Cam.
—
—
Little R.
ist.Tr.68, 1922
Buff.Pitts.A W.— Gen.,6s
Cam.
Nebraska, 6s. Exerapti
Nebraska, Os.Non-ex'pt 107
Nebraska. 43
871s.
Conn. & Passurapsic— 78.
Connotton Valley— 68
5s.,
East'rn, Mass.— 6s, new-.i 120 la 122
117^11
Fort t^cott A Gulf— 7s
K. City r^awT. ASo,— 6S..1 108
K. City St. Jo. A 0. B.— 78 1 20
N. Y.
Par.
Brooklyn Gas-Light...
122I4
\
Gas and City Railroad Stocks and Bonds.
[Gas Quotations by GEO. H. Pbentiss & Co., Brokers, 49 Wall street.]
GAB COMPANIES.
Buff.N.Y.&P.- (Cont'd)—
1
60
100
60
100
United States
Wall Street
SECURITIES.
BOSTON.
Atch. & Topeka— 1st, 7s.
Land grant, 7s
Boston & Maine — 78
Boston & Albany— 7s
6s.
Boston & Lowell— 7s
6s
Boston A Providence— 7s
Burl. A Mo.— Ld. gr., 7s.
-
40
,
trnlon
SECVjBITIES.
—
COMPANIES.
Ask.
100 169
100 121 122
26 245
25
100 i09>«
100
25 i52"
100 2300
25 110
100 250
100 148
100
100 165
25
25
100
100 526
100
100 i'li' 115
30
50
100 125
75 100
100 100
100 ISO
25 100
100
100 263
50
100 15ii
50 142
100
100 128
26 137
25 100
100 113
50 131
60
100
28
100 25
100
50 120'
100 165
100 140
100 100
100 110 112
70
100
SO 112
25 135
60 145 157
100 142
144
25 150
175
20
100
50
100 110 115
100 115
100 103
100 112
100 126
100 104
100
St.]
I
I
Marked thns
Quotations In Boston, Piiiiadelphia anil Baltimore.
Local Securities.
lilat.
[Vol. XL.
5s, Series A
5s, Series B
Pittsb.ACou'ells.— 78J&J
93
60
26
30H
"7"3"
071a
101
lis
116
103 Hi
103
121=4 1-22 la
Union RU.— Ist, gna.J&J
Canton endorsed
115
Virginia
88
95
125
A Tenn.— 53
W.Md.— 6s,
Ist, g.,
J
2d, guar., J.
A
124
Wil.
114
A
A
A Weutou— OoId.7s
8
951a
J.AJ.
2d, guar. byW.Co.,J.AJ.
J
63, 3d, guar., J.
.\ug.— 68
Wilm. C.
tin default.
78
llOb lllH
120
Last price this week.
..
March
*
latest roilroail OcirninKfi atul the totals
earnings of
all
from Jan,
1
to
Tlio statement includes the gross
Intoat (lato are given bolow.
"January
the heading
1
Lalett SarHingi Rtported.
Jan.
1 lo iMlest Jhite.
Jioa<li,
Week or Mo
1885
1884.
1885.
80,270
98.4.^0
.
<),4.i7
46,705
60,375
4e,i>oo
!) 1.006
Cunadliui t'lU'illc 2(1 wk Mi-li
3(i,03i»
21,339
Oentnil Imva ... lat wkMilil
1,402,5"
Central Pnol lie I'clirrwir.v .!l,3»7.<)00
06,6n2
62 322
Cbesnn. & Dliio. 1st wkMi-ll
12,439
Ellz.Lox.Alt.S. Kst wkMi'U
13,S46
2S,Sn7
21,861
Chen. O. &8.\V.. 1st wk.Moll
18<),171
183,195
Cblcago A Alton 2il wk Mch
1,!)!12,484 1,648,220
CaUo. Burl. * q.!.Tlaiiuar.v
OtUo.& Kast.
26,931
306,614
3S5,400
82,300
28,408
46,319
169,131
37,723
31,'.I55
Clilo. Mil.
4«l,oo<>
Chlo.
Oli.St.P.Miii.&O.llat wkMoU
Ohio. A W. Mioh. -dwk Mch
Cin.Ind.8t.r,.AC. Jd wk .Mch
Cln. N. <). A T. I'., IVIirmviv
422,000
89,JOO
26,SU0
.
53..^04
196,0i)S
Cln.Waah.AIialt. 1st wkJIch
40,436
Utwk.Mch
8,:u;:
8,200
Clev.Col.t'.A lud Jiinoary ..
CoiiDotton Val.. Febniaiy..
256.093
22,101
272,313
19,620
12,196
90,115
44,191
7,356
23,068
20,241
317,988
Clev.AkroiiACol
Danbury & Nor. .lanoaiy ..
Denver&RloGr. -'d wk Mch
Denv. AK.tJ.W. Fcbriiniy
Des Mo. A Ft. ]}.j2rt wk Mel:
Det.Lans'gA No.|2d wk Mc!i
Dub.&SlouxCity :2d wk Jlch
E.Teiiii.Va.AOa. January
Evansv. A T. ll.i l.st wkMcli
FUnt A P. -Marii.! Ut wkMch
Flor.K'way A hf.ilat wk.Mch
Ft. Worth & Den. Fcbrniiry
Grand Trunk... UVk. Mch.
Gr.BayW.ASt.P. hst wkMch
Gulf Col. ASaiiFeljanii:iry
.
1
ni.Ceut.
(I11.)...|l'i1
Do
wk Mch
(Iowa) 2d wk Mch
Ind. Blooni.A W. 2 wk« ,Mcb.
K.C. Ft.S.A Gulll lib wkFcb
Kau. C. 8p. & M.; 1th wk Feb
Kentucky Ccnt'li 1st wkMch
Lake Eric A W.. l.st wkMch
11,161
114.4.52
58,98.1
7,.504
20,341
18,900
287,326
14,064
37,869
21.G10
24.335
273,622
10,7'>3
298,19."i
Mexican
*;i,400
138,6.56
.
.
.
.
1
.
I
.
.
I
(icerL'ia
Pac.
Fi'liruar.y
.\
Va. Midland. .February
West. No. Car. February
Boch. A l'itl,-.b'p: d wk Mch
Borne Wat. A Ok. January...
.
.
I
wkMch
Do (brchg.) 1st WkMch
Bt. L. Ft. 8. A W.l2d wk Mchi
Bt.L.&8an Fran. 2.1 wk .Mch
Bt.PaulA Durth 2dwk Mch[
Bt.L.AUonAT.H.
:st
Bt.PMiu.A Man.'Febriary
Bom
i:
I'-x
.V
(
"iLroihia .IJaiuniry'.
Si. Ia)u1s. 4th
lol. A. A.
.1
..|
wkFeb
A N. .Mi February
.
Union Paoille... 'January
Utah Centnil. .!januarc
..
..
Vlcksbri; A Mer. February
Vloksb.ShAPae. Feliruary
Wab. Bt. 1.. A
West .lerRcy
P.
i
Wltcon-lnCent'lj
February
Jan nar.y
.
.
.
.
'.at
wkMch
52.6;i4
50,252'
I09.»90i
35,0831
18,273!
81.0401
32,244*
16,166i
12,6 58
93,521;
97.905
33,010
21,2551
114,395|
25,370
15,S-l'i
8,518
83,879
13.301
392.218
119,612
1
14.161
1,010,163
126,026
68,536
173,576
148,554
•2S7.326
114,205
311,983
203,248]
52,966
32,374
33,642
39,090
374,475
275,280 2,846,594
4,990
43,139
55,332
761.130
135,928'
266,979
11,515
93,113
21,8801
191,605
126.602
130,076
161,2831
365,455
210,495
359,905
12,435
Mll.L.8h.AWe8t. 2d wk Mch
2.5,8i5
Minn. A 8t. Louis, January
130.076
Mobile A Ohio .. Fchniary
163,774
Nash. Ci].,t St. L.I February..
174,919
W.O.A Northeast February
62,')hO
39,155!
H.Y.L.ErieAW.d.Ianuary... 1.050,4.74 1,272.331
N. y. Pa. A O. January ..
389,660 433.615
K.Y. A New Enj^'Janiiarv ..
230,420 243,016
K. Y.Ont. A W.. [January ..
128.330
121,3691
N.Y.SuBii.AWest January ..
70,66,5
61,055
Korfolk A West. 2wksMch.
98,361
101,955
Shenandoah V. 2 wk« Mch.
26,252
27,919
KortlieruCentr'l January ..
404,216 409,R46i
Northern Pacillc Febrna'rv
569.562 520,0851
Ohio Central.... 2d wk .M"eh
21,206
9,1471
OhloA Miss
13d wk Feb.!
46,087l
84,064
Ohio Southern February
43,540
28,122!
Oregon Imp. Co. January... 233,121 263,385
Pennsvlvaula... January ..'3,277,522 3,574,233
Peoria Dec.AEv. iBt wk.Mch
15,181
16,253
PMla. A Erie ... January ..1 222,017 216,200
Pliila.AKeartin.f.lanuary...; 1,846,366 ,195.800
Do C. A Iron Jftnuar3' ..j 8l4,7-)9 97',0i0
Blchm'd A Danv. February
309,8901 333,755
Ch.Col.A Auk. February
81.093
82,9311
ColuinlilaA Or. February .,
70.311
71,928
.
730,400
193,083
477.371
397,745
350,031
72,104
256,093
42,272
1,390!
16,710
497,128
118,815
15,650'
8.49i!
13,8221
1,674,919 l,53i;694
85,009
75,2«3
o6,193|
44,281
25,995!
17.115
1,104.048 1,2«5,.U4
70,1201
24.79'i|
69,300
27,169
613,375
105,776
206,080
1,581,040
1,618.220
287,175
3,497,23S
3,761.791
764,600
273,.581
385,042
342,943
299,995
69,604
272,343
42,313
12.190
912,000
101,184
66,561
230,900
178,164
317,988
10»,262
426,292
198,966
53.848
2,994,524
61,031
138,414
2,073.260
331,714
526,223
356,305
133,3-12
120,443
44,449
32,374
352,396
2,594,618
44,103
487,292
Muetiuiiii'M
tSL
i v.,
Oreenwloh
13,0611,000
41.1.000
9.055.000
1.21.1.0 .0
1.1 1.1.100
7.8'.5.()0O
2,.Jiil..i(lll
7.'...57.:o.|
H..",'!0.(;oO
4,2uU.MI0|
700
4,101,600
814,7^9
635,543
161,517
142,654
113,222
203.909
67,927
979.020
60j.64t
148,307
128,574
96,304
216,705
64,295
177,233
81,010
19-1,817
114.395
213,812
146.963
89.064
C'oiuinorce
Bro«dway
5.712.31)0
903,700
Meroantiie
1,621,000
Hepablio
6,437,700
2,538,500
8,215.400
Chatham
3,7.57,000
State of N. Y
Amerlo'n Kxoh'ge.
1,674,919
85,069
78,473
55,896
2,113,612
70.120
224,648
M->,5«9
100.218
833,267
159,166
850,435
118,815
11.M50
29.582
1,531.691
75.283
87,607
29,928
2,536,397
69,300
249,684
when
coins:
I
— 99 \« par.
— 92 » — 94
Mexlcai: dollars.. — 84 a — 84%
Do uncoinmerc'l. — f'3>4» — —
— Teiaa — —
Periiylansolos
English silver.... 4 78 » 4 84
U. U. trade dollars
84 3 - —
Silver >«« and >S8.
Five francs
U. 8.
gtlverdoUars—
977.SI10
6,111,000
B,802.(1(K)
1
i
I
'
|
i
i",idi5
2,3H6,0(m!
341,600
16.3liH,liiio,
1.77.1, too
83,800
1,.527.
700
flOO.BoO
18,81(7, l')0
800,400
928,100
174,000
122.010
163,800
2,907,800
4,K0 1,700
1,«5H,200
1,046,000
294.000
694,900
181,300
952,700
2,160,800
1,133,300
327,100l
4.071,400
1.345,0001 14,892.000
1,7J0.800! 16,618,400
583.400
4.017.900'
911,000
7,27«,,100
3.55,000
2.781.000
431,700
6,075,800
802,800j
4,175,300
138.100
1,745,500
&68.000
3,886.300
423,rf00
9,182,700
652800
3,096,000
3,'i!74.800
673,200
426,800
2,619,800
144,3011
2,504,900
80.300
1,891,300
244,000
3,308.000
419,000
4,258,000
687,200
5,986,200
370,000
1.900,100
1,918,700 24,009.600
l,4fJl 900
24,015.000
216.000
1,770,000
176,300
995,600
1,142,100 17,700,500
928,000
8.614,000
294,000
2,870,000
288,000
6,526,000
1,485,900 19,943,800
257,000
6,747,600
326,500
1,270.700
93,200
2,007,800
439,100
2,489,800
210,900
2,671,100
423,300
4,271,200
163.0 10
3,010,000
325,000
2,333,300
171,600
2.145,200
56.300
2,73S,'200
198,000
1,853,200,
122,200
946,000!
1,240.200
227,400
300,100
3,799,1001
2.600
600,100
43,000
759,206
874,400
798,400
42iil6o6
46,000
6,400
860,000
280.000
266,600
435,605
418,300
ldil',600
989"9(>6
46,000
32i',600
180,000
397,000
30.000
45,000
416,100
179,400
222,600
180,000
'45',d00
180,000
43,000
177,000
131,400
303,821,800i 10,3715700132,294,400 355,870,200110,931,100
Total
The following are
totals for several
Specit.
TetuUrs.[
£,.
weeks
DepoHlt.
past:
OirculatUmlAgg. CUar^ga
101664400 35,12,^,200 350,667,800 10,907,900 423,037,387
Miir. 71302,384.400 103789709 3'A027.000| 353,726,400 11,086,500 512.243,391
••
14|303,821,8U0 103716700 32,294,400 355,670,200 10,931, lOOl 182.688,774
F'b.28l29S,S90,r,00
Boston Banks.
Loans.
—Following are the totals of the Boston banks
Specie.
L, Tenders.
$
$
F'b.28 141,427,700
Mar. 7 141,515,200
•'
14 142,669,900
8,023,700
8,063,900
8,199,100
An.
Olear'gt
$
s
95,228,700 23,738,700 54,989,614
95,275,800 22,649,300 68,992,403
98,012,400 22,613,2001 61,607.114
4,807,500
6,171,100
4,831,200
Philadelphia Banks.—The
Circulation
Deporttt.
totals of the Philadelphia
banks
are as follows:
1886.
Loans
Lawful Money.
$
$
Z>f posits.*
Oircul«(io».
An.CUar'ti
9
$
72,347,278
72,742,037
26,0i)9,231
Mar. 7
73.221,273
26,412,336
73,389,609
"
74,354,483
14
74,3,55,491
28,449.113
1 ncluding tlio Iteui " due to other banks."
Feb. 28
33,544,105
42,042,465
40,310,799
7,740,708
7,697,789
7,623,223
'
Unlisted Securities.
week
—Following axe latest
quotations for
1
past:
Bid.
Securities.
Atlantic
& Pac.— .Stock....
Accitiniil. lan.l grant
Pank..«Merch. rel.gon.m.
Host.
Chic.
99%»
par.
7»<
A
Atlantic, ben. st'k
Coutinental C'uust.lmp.Co
Cent, of N.J.— Debent
Deiiv.A Rio Uraude— uons
5»
Uenv.JkUlodr.
Den. K. O.
A
W
Int mort.,es
Keely Motor
A N.— Adj.
67 >»
70
I
69
10
70
Ist
*y
»
.
l«t inert
37
Po.^tal Telegraph—Stock.
Ixt luort., bs
23
Pn..)tal
1%
19
69 1«
Settlement, 6s
43
18
6
6
3%
18%
e
4
10
I'eLA cable—Slock
Kniland UB
Southern lol.— Stock.
Ist mort
Stale of renu.— 8ot*m't.3s
3
18>i
60
95%
A Western .... 14 18
A Pac, Idt mort. 115 116
46 <a
2d mort
Kans. A Neb., lat mort.
46 >
2d mort
4
Te..t.ACil. Imp.— Ki.bd..
7
85
Tcxat A Pac.— scrip 1884.
41
Old scrip
New scrip
88
St. Joseph
St. .10.
33
60
12 Si
A St. Louis—
M.A A. Dlv., 1st
Tex.
71
3Hi
11
1st niort
32 V 33
40
62
46
13
'
I
I
li4t,l<l.gr.Alnc.aflp.
VIchKOargA Meridian
21>s
35
'2d
1%
93
60
mort
nmr:
Incomes..... ...
3
4
Prel
1st
(
mart..
Ineoiiies
(.i.'it.
»«
Pao.— Ulv, bou..
IT-a 18
12
North Biv. Cons.— 100 p.c
.North.
3S
mort
Pii:sburgA Western
46
4
Pref
M. K.ftT.— Income acnp
18
3>.
61a
N. Y. M. Cn. Tel.—Stock
N. V. W. 8».A B.Ok
5*
Atlantic
12",
bonds
A
,4«ili.
Pensacota
05 >i 96
46
44
Mexican National
Bid.
.
I
W., iBt M.,
Usar. by I). A It. O
KdlHou Klectrlc Light
Georgia Pac stock...
LouiST.
3>4
36
48
20
20
lucoiuea
"i'-i
e
3
Pref
Trust bonds, 6.1
B'klyu Klev.-lat, ass'tpd
C'alllurnla Pacitic— l»t m.
Chicago .t Can.80.— Ist..
—
Ohio Cent.— Klv. Dlv., Ist
lo
44
Oebentnrus
Butr. N. Y. A Phila
Ask.
6Tg N. J. Southern
H.T.A West.— Sfk.
2dmort
BoTerelgns
12.ft7.t.3o0
08.000
l7ti.;oo
77.MOO1
204,100
2,127.400
893.900
I.SIB.'WO
Peoples'
189,200
3,069,91)0
457,000
North America ...
7.126,400 3,344,700
Hanover
2,295,000 1,030,800
Irvlntr
2,548,800
Citizens'
467,300
2,S2«,400
75,100
Nassau . ..... ...
2,794,400
747.000
Market
St. Nicholas ....
2,002,100
348.800
3,107, 000
Shoe (ft Leather.
818.000
4,81)2,900
650.300
Corn Exchange ..
4,299,000 !,003.500
Continental
Oriental
1,832,800
183,200
Importers'fft Trad. 18,421,800 7,012,200
Park
16,921.100 7,309,500
North Blver
35,000
1,597,000
East River
1,048,000
264,000
Fourth National.. 13.120,300 7,186,900
Central National..!
7,157.000 2,013,000
Seconil National..)
2,316,000
651,000
Ninth National...! 4,718.000 1,368,000
First National
17,841,500 4,6.19,800
Third National ...
4,666,100 1,959,300
N. V. Nat. Exch,.
1,114.800
315,800
461,.'500
Bowery
1,912,900
N. Y. County
1,849.600
245.890
C4i'riUftn..Vineric'n.
4.10,500
2,773,100
•2,45.5,800
Chase National...
1,634,300
Fifth Avenue
861,100
2,680,600
Qerman Exch'nge.
1,71 (,400
138,000
Oemiaula
1,819,400
175,000
United States
635,-iOO
2,677,200
Lincoln
1,516,300
380,300
115,800
Garfield
1,050,400
126,8!I0
Filth National
1,137,400
B'k ol the Metrop..
627,300
3,036,700
Pactflo
319,300
3..5h.'i.OOO,
102.100
167.700
234,400
1.1.5I..J00
3.0.1 ..'jDO
l.s.oiii.ooo
17,13r,.l:)0
000
l,oo.',.o()o
1
6 17,'200
Seventh Ward
111.
25.l.;joo
1,311) «(M)
278. S 14
783,33'*
172,854
858,373
119,612
147,239
39,700
1.
Ml.'.
Ij«ather Mannt'ra.
409,816
1,134,188
198,76;l!
188,576
467,949
439,925
65,095
88,649t
233,1241
203,335
3,277,522 3,574,233
135,3til
137,577
222,017
216.200
1,816,366 2,195.890
following are quotations in gold for various
$4 84 «$4 87
Napoleons
3 85 9 3 90
X X Keichuarkg. 4 74 « 1 78
X Guilders
3 96 » 4 00
Bpan'hDoubloons.l5 55 alS 75
Mex. Doubloons. .15 55 »15 65
F ne sliver bars .. 1 07 3 1 07^1
Fine gold bai^s
par^i^preu
Dimes & H dime*. — 99% 9 par
,
400,000
P37.000
2.027,1100
1,123,144
« Not Including earninag of New York Penn, & Ohio road.
•Not Includlnz the llrsc six days of January, preceding tims
receiver took possession.
Colns.- -The
M.-i
Uon.
2,858,000
OllO.OOO
2,SU8,oUU
e,H47,HOO ll.012,..'00
3S4.100
1,042.300
1 l.^oll.dUO
8,711,900
290
445.800
100 1,23I,8C0
J 1)0
447.400
i.oiO.OOO
60,000
8l)J,.JI)0
126.100
llu
CHniito.
otiur
than V.M.
•
2.083,1 00
1,(I1S,400
i
IfttDtpoeiU
TmJth.
7,3.14.100
10.78<J,21)0
Fulton
Amovnt nf~
Ltaal
I2,41V8,00()
8.(114.00(1
.
I'riulegmen'g
90,380
187.690
120.602
340.511
397,487
74.893
404,216
•
Union
Anisrim
Fhanlx
268,.520
117,6991
1,050,474 1,272,331
389,600,
433,615
230,420'
243,046
128,330
121,369
70,665
64,055
525,690
543,332
110,673
142,563
t
,
Meohautos'
Clielulcal
2,S52.356
BpeoU.
Manhattan Co
51.9,2-14
233 4.53
20tJ.71-
DUcowxt:
Merohantft*
1,015.764
2,967,756
587,203
116,487
252,557
1,528.350
1,992,484
303,53
3,785,000
3.688,561
(oanj and
NewTork
0117
2I,30g!
44,4491
4,820
Cent... i2d wk Mch
lines'Februaiv..
Milwaukee A No 2d wk Mill
ItiHiO:
Avtrati
Bank:
177.580
62,7M8
462,532
47,053
2,679,512
45,556
92,332
228,559 2,193,900
37,423
275,91
114,706!
511,843
52,0871
412,741
13,4961
299,347
15,913
130,463
24,64.")
Louisv.ANashT.Zdwk Mch
Mar.Hough.A O.' 1st wkMch
all
week eudhig March U,
203,241
01,512
492,631
6,473i
138,414i
92,332
231,300
34,S00
123,091
45,227
29.700
52,966
33,612
40,211
Mex.N.,
16,251
4S,025
21.536
27,014
293,104
.'i,02;.
Ii.Bk.AFt.8mith January...
L,Rk.M.Klv.& T.; January.
Long Island
!2d wk Mi-h
.
1884,
$
$
Ala.nt.8iiiitherD Febriiarv
l8t wkM'cli
BoM. II. T. A
Bur.( ViU<.& No, lat wkMi'li!
111. 2il\vk Mch
& St.P.I -M wk Mch
A Koitliw. ''2d wk Mc-li
New York City Bank*.—The following rtatement showH tha
condition of the AnHociatod Banks of New York City for the
to latest date''
furnish the gross earnings from January 1 to, and including,
the period mentioned in the second column.
W
361
from which returns can bo obtained.
railroads
The columns under
:
.
THE CHRONICLE.
21, 1880.J
KAItKUAU EARNINUS
The
.
I
.......
10
4
10
95
:
THE CHRONICLE.
362
ii
tt
w s t tu
je
c
tt
The IirVBSTORa' Bdpplbmest contains a complete exhibit of the
Funded Debt of States and Cities and of the Stocks and Bonds
the
of Railroads and other Companies. It is published on
Saturday of every other month~^iz.. February, April,
June, August, October and December, and is furnished without extra charge to all regular subscribers of the Cheoniolb.
Extra copies are sold to subscribers of the Chronicle at 50
l<ist
and
to
others than subscribers at $1 per copy.
ANNUAL REPORTS.
producers, so much of the wheat is still in the country.
" Of the special fund on hand, at the beginning of the year
there remained $88,101, which has been expended, and an
additional sum of $13,516, which was charged against income
account."
TRAFFIC STATISTICS.
1882.
254
357.390
34,105,656
427.515
42,430,268
Earnings per ton per mile
l-25cts.
l-33cta.
Passengers carried
270,585
264,363
Passengers moved one mile
5,90St,095
5,919,381
Earnings per passenger per mile..
2'71ots.
2-66cts.
EAKSINGS AND EXPENSES.
6,171,500
Tons of freisht carried
Tons moved one mile
43,458,824
Earnings—
sheets
$76,450,146
AaercKateof capital stock on Deo. 31, 1834
77,ie0,607
Totalfumlcddel.t Dec. 31. 1881
4,047,9j3
in
1884
coustniction
Total
1,098,994
Total ctiuipment added In 1884
During the year 52 miles of second track were built. The
total number of miles of steel rails in all tr.icks east of the
Missouri River on D<ec. 31, 1834, was 1,453, including the whole
main line in Illinois and Iowa; in all tracks west of the Missouri River, 731; total, 3,184.
'•
The general condition of the entire road and equipment has
been fully maintained during the year.
" The proijerties controlled by this company, whose operations are not embraced in this report, show a falling off in net
surplus for tlie year of about 1300,000, having earned about
1700,000 in 1884, as against $1,000,000 in 1S83, after paying
their own operating expenses and interest on their outstanding
liabilities not owned by the C. B.
Q. Company. The Kansas
Council Bluffs Company paid during tlie
City St. Joseph
year dividends amounting to 5 per cent on its capital stock,
yielding to this company the sum of $363,040.
"The actual length of road in operation Dec. 31, 1884, was
3,467'4 miles, against 3,333'5 miles Deo. 31, 1883, an increase
of 144'9 miles. The average number of miles operated by
Quincy Railroad Company in 1884
the Chicago Burlington
was 3,399, against 3,255 the year before. The gross earnings
per mile of road operated were .$7,497 38 in 1884, against
|8,033 68 in 1883. The net earnings per mile in 1884 were
$3,351 83, against $3,875 75 in 1883. The percentage of operating expenses to gross earnings in 1884 was 5o'3, including
taxes, against 51 -7 per cent in 1883.
"The decrease in earnings in 1884 was due to increasing
competition and a falling off of business, the actual tons moved
having been 119,703 tons less than inl883, inspiteof an increase
of 144 miles in the average length of road operated. The
increase in the ratio of expenses to earnings is due in part to
the same causes, lower rates and a less volume of business, and
in part to the fact that, owing to a change in the law regulating the collection of taxes in Nebraska, we paid in 1884 the
taxes for 1883 and also for 1884, the amount for the latter year
having been about $300,000. which under the old law would
&
&
not have been payable till May, 1885. The falling off of business in 1884 is to be attributed to the dulness of trade gener-
•
Total
Oper. expenses,
Net
9,765
28.129
0,251
0,810
41,834
42,3,.6
16,421
$763,584
$721,254
$759,708
582,800
502,943
527,847
$180,778
$218,311
lAXOlIE ACCOUNT IS 1883 AND 1.334.
$231,921
3,228
Earnings from—
Passenjrers
Mail, express,
&c
Operating expenses and taxes
Dividends
Amount
5,023,599
carried to renewal fund..
Balance, surplus for year
750,000
.5,566,434-
1,500,000
$52,891
40,000
$66,.501
$12,891
$19,168
47,333
Capital stock
Funded
debt, outsfng
Accnied interest
Accounts payable...
Otiicr liabilities
Balance, proUt
$3,400,000
4,845,000
79.442
61,205
6.563
62,335
$13,154,515
$13,454,545
Kentucky Central.
{For the year ending Dec. 31,
1884.)
The annual report has not j'et been issued, but the income
account for 1884, compared with previous years, is as follows:
INCOME ACCOUNT.
1882.
1883.
1884.
490 655
$724,363
415,090
$842,052
$842,0.52
485,233
$922,108
003,620
14,472
$309,273
S350,819
$318,487
$28,000
interest on delit
70,375
Taxes Amiseellancous.. 41,617
Uividends
73,252
$28,000
130,630
20,412
$52,000
214,563
30,731
$62,074
Receipts—
1881.
Total gross earnings ....$705,127
Operating expenses
Not earnings
Disbursements
Rentals raid
—
25(i,8B0
50,402
Totaldi.sbursemeuts. $213,744
$179,042
.$306,294
$369,356
$50,.i25 dtf. 50,809
Balance, surplus
$130,231
$728
The coupons due Jan. I. 1884, were $18:, 110, and deducting the surplus for the year 1383, .$3(',525, there was an actual defieitof .$liiO,.585.
The surplus account Deo. 31, 1883, showed $360,147: received from stockholders, $510,000; total, $770,147; deduct
deficit in 1884, $50,869, leaving surplus Dec. 31, 1884, $719,378.
GENERAL INVESTMENT NEWS.
Atchison Topeka
1S84.
3,407
& Santa
$10,437,602 $11,950,425 $11,448,530
$281,738
.$987,047
$511,105
:
"•
'
l-'e.— The
Boston Transcript
says: " When in August, 1884, the Atchison Railroad Company, jointly with the St. Louis & San Francisco, purchased
of Mr. Huntington, as the agent and attorney of the Southern
Pacific, the Mojave division in California, for $7,371,100, it
was announced that the only direct obligation assumed
by the Atchison Railroad Company was one-half of the interest upon tlie purchase price, or for the Atchison Company
think that it will be a surprise to
$318,000 per annum.
our rt'aders to learn that when this contract was signed and
made public, three other contracts were signed and not made
public, none of which, we believe, are to the advantage of the
Atchison Topeka & Santa Fe. One of these contracts made
concessions to the St. Louis & San Francisco upon traftic previously belonging to the Atchison. A second contract was for
the optional operation of the present line to San Francisco
jointly with the Southern Pacific, but upon terms much more
favorable to the Southern Pacific than to the Atlantic & PaThe third contract called for the purchase, from Mr.
cific.
Huntington, of nearly $3,000,000 of Atlantic & Pacific securities jointly by the St. liouis & San Francisco and the Atchison
Topeka & Santa Fe, and for this the Atchison has yet to pay
about $1,500,000 rash."
The Boston Herald says: "It is not true, as reported, that
the company loaned the Atlantic & Pacific $1,600,000 last year
That is more than the whole year's
to meet interest charges.
interest, and the Atchi.son pays only one-half, and is only obligated to pay a percentage of one-half. It is not true that the
company is saddled with a $5,000,000 bonded debt by the purchase of the California Southern road and its extension to the
Atlantic & Pacific. The most Atchison will have to pay on account of the California Southern will be 6 per cent in t rest on
$1,600,000 to $1,700,000, some sav $3,000,000, but no oIKcial estimate to-day reaches $1,700,000, and for this the company
acquires the whole line and extension and secures a Pacific
outlet on tlie California coast."
We
$5,3nl,950
5,566,530
500,000
Peoria Decatur & 'EvansTille.
(For the y;ar ending December 31, 1884.)
The report says " The general condition of the entire road
has been fully maintained. During the year three thousand
tons of steel rails were laid to replace iron rails worn out.
" The year has been one of general depression in all commercial and industrial pursuits, and that, together with crops
below the average, and prevailing low rates, has prevented
your property from showing a marked increase."
*
* *
"The very low rates prevailing during the entire year on
through traffic sufficiently accounts for the deccreased earnin
gs per ton on that business.
"The corn crop of 1883, which is principally moved in the
year following, while slightly in excess of the crop of 1883,
was yet much below a fair average crop. The wheat crop of
20,858
67,625
01,262
Accounts receivable..
Cash
$21,550,«05 $26,110,369 $25,483,613
11,283.963 13,496,477 14,090,746
and sinking fund, $1,664,003 $4,883,941
1834.
$231,921
163,420
oertitlcates retired
Material on hand
$10,719,340 $12,938,072 $11,959,635
Deiutt—
1883.
$218,311
165,420
GENERAI. BALANCE DEC. 31, 1884.
Net earnings
$10,266,842 $12,013,892 $11,392,807
Percentof expenses to earnings..
52-4
51'7
553
Net earnings, as above
$10,266,842 $12,013,892 $11,392,867
Interest and exchange, &c
452,498
324,180
506,768
Interest, rentals
cert's..
eauip... ..$13,215,000
Sundry securUies
18,300
For purcha.^e of equip.
41,500
$15,711, .509 $19,514,161 $18,514,4S2
4,756,992
5,285,839
5,339,860
1,032,304
1,310,36'J
1.02',), 315
Total earnings
taxes, trade,
on eauip.
Roadand
:
Freight
$478,213
162,612
14,241
12,000
76,281
14,665
Cash surplus.
earnings and net income for three years have been as
follows, not including receipts from land sales
Miles of road operated Dec. 31
1884.
1883.
Surplus
Equipment
2'63ot9.
$155,092
157,515
Net earnings
Interest on 1st mortgage honds
—The
18S3.
3,322
e.irnlngs
1882.
1-I3ct8.
275,f.33
$542,561
160,321
16,554
ir.el.
rental and int.
ally."
1882.
1884.
1833.
254
254
397,601
Miles operated!
Freight
Chicago Burlington & Quincy.
Passenger
Mail
{For the year ending Dec. 31, 1884.)
Express
The pamphlet report for the year has not yet been issued, Car mileage
but the following information has been obtained from advance Miscelliineous
&
XL.
1884 was much below an average in Illinois, and about an
average in Indiana, but the prices were below the vie ws of
t
AND
cents each,
[Vol.
:
March
—
:
THE CHllONICLE.
31, 18SS.]1
&
Morrliniits' Tcl.— Aiiiorlcaii Iliipld.— At nosDaniel K. Kolwson, aHtocklioIdi'rin the American
Rapid Tel. Co., flleJ a bill in equity in the United States
Circuit t'oiirt against the company, Anthony W. Dimock, and
others, asking for an accounting botwcon iho two companiofi
and the oppointnient of a receiver of the American Hapid
Telegraph Company. A reetraioing order haa been issued by
the court.
Itankors'
ton,
March
17,
333
operate the romi until April
when the line will be deliverad
to the offlcem of the Indianapolis r)e<-atur
Hpringfleld Coa*
pany. Mr. John D. Prolwt, represMnting thi< Hccond
rnortKaoB
bondholders of the Indianapolis IJ,-catur tc Hprin fl. 1,1 rT-niT
applied in th(! Federal Court at Indianariolis f.ir
Cment of a receiver, an<lI*reHi<lent Hammond wa'4«..
,|
The trustees and several .judgment creditont were luinl.) d^^
fendants. It w simply a suit in equity to decide what
m-lhod
shall be taken to sell the roatl.
It will \m remembered that
some tune ago the trustees were instructed to proceed to sell
the road preparatory to a reorganization, but there was
a leml
question as to the validity of the sale should they make rm©
without a special order of the court. All parties preferred
that the property should be placed in the hands of a
receiver
until the court should decide upon the legality of the
sale
In additicm to the judgments pending against the old Indianapolis Decatur & Springfield corpor..tion, there are said to
be
from $40,000 to $00,000 of rebate claims still unsettled, which
the comp.any will be rid of by those proceedings.
.'5,
&
i
,
CnniKlinn Pariflc— The proposal of this company to the
Caniidinn (lovcniniont, which was placed in the hands of the
Ministers of IJiiilways on Tluirsday, asks that in the first place
the ( lovernmont shall raise the blanket mortgiiKO which was
given for a loan of !fl30,000,000 in April last. This done, the
road will bo bonded for 1(1,10,000,000, members ot the company
in America and on the other sido of the Atlantic to subscribe
for If 15,000,000 of the bonds, the remaining |15,000,000 to be
held by the Government on account of the loan of the last
session.
Then, in place of the blanket mortgage the company
would substitute an ordinary mortgage for *15,000,000, which
will complete the Government's security for the old loan.
Kansfl.s City Fort Scott & Onlf-Kansos City Snrln»lleld
The interest due the Government is to be paid with the com- it Memphis.- The Boston
Tramcrqil furnishes the following
pany's lands in the Northwest until the earnings of tlie road
information as of Jan. 1, 1885, and tays that the figures are
will adpiit of its being paid in ciish out of the revenue.
absolutely correct.
Central I'rtolflc. The gross and net earnings for January
Fori SeoU
Kan. O. Sp. <t
were as follows
and branehta.
,.,,
Uemiihii,
Mileage.....
sss e6
2-2-24
1885.
1881.
Capital dtoclc, common
$4,618,000 CO
Gross eaniintfs
$5,2.50. OCO 00
$1,570,750
$1,4411,78^ ('npltiilslnelf,
preferred
2.75O.O0O 00
Oiwriitlng expenses
1,017,718
l,2ll,l(U Tatal Piipitnl stoelt per
mile
19,034 6,1
1 s.'ioi 19
I'lmdeil iiiul eiiiilpment debt, main line. *2,9BO,0UO 00
Netp.imlDgs
7,500,000 00
$523,008
$20S,'J2l
Funded and ecjiilpmeut delJt, per mile,
iiinin line
Chicag'o & Northwestern.— The Chicago
18,509 00
Northwestern Funded
26,573 18
and equipment debt, iceluding
expects to have the 150 miles extension of the Fremont
Elkleased lines
00
7,5Or.,0O0 00
horn Valley Line, from Valentine to White River, completed Funded and eiiuipment debt per mile.. 6,032.000
15,648 04
26,573 18
by July. This will open up the Wyoming and Black Hills Total c.ipitiilization per mile
34,683 00
45.174 32
Average rat« of interest
.0677
cattle country.
.06
Aiiiuial inteicst cUargo
411,870 dO
450.000 00
Chicago St. Louis & Pittsburg.—The following is a com- Annuallnterest per mileperanuum
i,0.'>9 72
1.^9138
2,422,442 OH
parative statement of 'the years ending December 31, 1883 and Orosis earnings, 1834
1,204.274 27
Gross earnings per mile
6,232 81
4,270 47
1884, in advance of the annual report
—
&
&
1884.
Gross earnings
1883.
$4,3!)i!,840
Chattfits.
3,602,212
$5,293,920 Dec. $897,080
4,335,964 Dec. 733.752
Net earnings
Other incunio
$794,028
80.015
$957,950 Dec. $163,328
27,017 Ii:c.
53,028
Total income
$874,673
.$984,973
OperaUng
I'xpfnses
Interest, etc
Balance
1,1C0,826
799,914
Dcf. $226,153
Sur. $185,059
Chicago St. Paul Minneapolis &
have declared a quarterly dividend of
Dec. $110,300
Inc.
300,912
Dec. $411,212
Omaha.—The directors
\% per cent on the pre-
ferred stock (a reduction of 1 per cent per annum), pavable
April 20, and after the July dividend is paid, dividends will
be semi-annual instead of quarterly. In our editorial columns
is an article containing some interesting statistics of this road.
•Feb. 21, 1885, $2,993,000.
Lake Erie & Western.— It is reptted that Vice-President
Cheney has completed negotiations for all the money required
to extend the line from Bloomington to Peoria, and that work
will begin
May
1.
Lake Shore & Michigan Southern.— It is stated that the
new bonds of this company were awarded on Thursday to a,
syndicate represented by H. B. Hollins & Co. of No. 74 Broadway, and including tlie banking houses of August B Imont
& Co., Vermilye & Co., I. & S. Wormser, Hallgarten & Co.,
•and Blake Brothers & Co. It was stated by persons interested
in the purchase that the price paid for the bonds was 137.
Louisville New Albany & Chicago.— At the recent annual
meeting tlie following were elected directors Messrs. William
Dowd, Elilui Root and James D. Smith, of this city; C. R.
Cummings and J. B. Carson, of Illinois, and J. M. Filter, of
Kentucky.
he other directors were re-elected, being the
followicg: Messrs. John J. Astor, Robert L. Kennedy, Samuel
Sloan, R. G. Rolston, James Roosevelt, Robert R. Hitt, C. R.
Cumming.s, John B. Carson, and Mr. E. D. Standiford, of
:
Cincinnati New Orleans & Texas PaciBc— General Manager Scott and Frank S.'Bond and Charles Schiff, President and
Vice-President of the Queen & Crescent or Erlanger Railway
system, returned from Vicksburg recently, where an arrangement of importance to the system was made. There is no
bridge at Vicksburg, and the Vicksburg & Meridian and
Vicksburg Sheveport Sc Pacific are connected by transfer boats Kentucky.
Louisville New Orleans & Texas.— The mortgage reported
belonging to the Vicksburg Transfer Company. The Queen
& Crescent people have been paying this company ^1 10 for as having been recently recorded on the Louisville New Oreach passenger transferred either w,ay, and 15 cents a hundred leans & Texas Railway is for the purpose of securing the first
for freight. These rates have l)een found very burdensome mortgage bonds of that company. These bonds are issued at
and are to be obviatea by the building of boats and incline the rate of |30,000 on main line and |30,000 on branches per
tracks by the Queen & Crescent people. The contracts -were mile, which amount covers the road, equipment and terminals.
Provision is made that the road, of which 511 miles are now
let dining the visit of the oflficers named to Vicksburg, and
the work will be completed in four months. Six passenger completed and in operation, may be increased to 800 mdes ;
cars or 13 freight cars can then be transferred at a time to or all of the subsequent issues will be at the rate of $20,000 per
from the Shreveport Division. Speaking of the matter, Jlr. mile, as any additional road will be in the nature of branches.
Scott said that with the cotnpletion of their transfer they will $20,550,000 is the outside limit of bonds which could be issued
put on a fast freight line between Cincinnati and Shreveport on the whole 800 miles.
and points in Texas which are now served from St. Louis by
Nashville Chattanooga & St. Louis.— The gross and net
the Iron Mountain & Southern Road. With the opening of earnings for
February and for the eight months since July
this line they expect a large increase of business to and from
1 have been as follows
Cincinnati and Eastern cities.
-February.
^Sm.JulylloFtb .28-«
1885.
1884-5.
1883-4.
Connotton Valley.— The Boston Advertiser of March 17 Gross earnings
$l,573,40rt$l,6i4,393
$174,918
says: "The foreclosure sale of the Connotton Valley Railroad Operating expenses
89;t,;i94
105,034
^80,348
will take place about May 1.
More than 94 per cent of the
Netearnings
$69,884
$91,274
$673,412 $713,545
security holders have signed the plan of reorganization and
Interest and taxe J
55,482
4 12,306
50.608
456,3 49
deposited their securities. Nearly as many of the stockholders have also joined in the plan. All those who have not made
Snrplos
$35,792
$217,062
$13,270
$301,239
their deposits should do so before May 1, so as to enable them
N. T. Lake Erie & Western.— Holders of $1,000,000 of the
to get the full benefits of the reorganization."
Erie car trusts, series F and Cf., have expre.«sed themselves as
East Tennessee Virginia & Georgia— Memphis & Charles- not willing to accept the compan\ 's proposition of a reduced
ton.— Officers of the Men)i)his & Charleston Railroad have rate of interest on the bonds. About $900,000 have not. been
served a notice on the East Tennessee Virginia & Georgia heard from, but they are believed to be averse to the proposed
Railroad Company that the first-named company considers its reduction. The holders of the Fs and Os are confident that
lease to the East Tennessee Company void.
A suit to annul the company will accede to their terms. P/iiladelp/iia ybrih
the lease will be begun shortly. The East Tennessee Virginia & American.
Georgia road has made arrangements to pay off $317,000 East
N. Y. & New England.— Of the $1,341,000 of the New
Tennessee divisional 6s, which became due January 1, 1885. York & New England car trust certificates, about $700,000
The bonds will be paid by the company through Maitland, have been deposited in trust for exchange into second mortPhelps & Co., New \ork, April 1, with interest up to that date. gage bonds, and another $100,000 is pledged to come in.
Indiana Itloomingtou k Western— Indianapolis Decatur
New York We-t Shore & Buflfulo.—Judg* Ni.xon of the
K Spriniffleld.- Negotiations for the abandonment of the United States Circuit Court at Trenton, N. J., has made an
lease of tlio Indianapolis Decatur & Sprmgfield Railway bv order authorizing the receivers to issue, at a price not lees
the Indiana Bloomington& Western Company were concluded than par, certificates or notes, which shall be a lien prior to
March \\. The officers appointed by the latter company will the first mortgage, to an amount not to exceed $3,K00.00O.
'I
:
.
——
:
,
.
THE CHRONICLE.
E64
1884,
limitation contained in the order of June 21,
&c., to f400,UUU,
restrictinK the certificates for rolling stock,
removed.
and for riiht of way and stations to $200,000 islocomotives
The receivers are authorized to purchase such
and
and machinery as may be necessary to properly maintain
certihcates.
ope-ate the road, and to pay for the same by the
heretofore issued
Tlie order also provides that the certificates
thereof
by order of the court shall, until the full payment
charge and lien, without preference or
The
With interest, be a
mortgage.
priority, on all the property covered by the first
The receivers are also authorized to execute, subject to the
approval of the court, a lease to the Union Terminal Raihoad
Company of all the property proposed by the terms of the con-
Company.
tract of Feb. 7 to be leased to the Union Terminal
The
New York Express
March
of
certificates issued to date is about
of the order of court in June to
20 said that the
amount
From
$3,-500,000.
ot
the date
October 31 last, $1.1^0, lOU
labor and
receivers- certificates have been issued; $470,100 for
of rolhng
supplies, $123,585 for rentals and $534,015 on account
of the
stock. Details are not forthcoming as to the disposition
remaining $1,373,200 of the $3,500,000 issued between June and
Ogdenslmrg & Lake Champlain.— According to the Boston
Herald, the present amount of Os in the Treasury is said to be
about $800,000, and the present floating debt about $600,000.
The 6s, sold at 80, would consequently retire the floating debt
and leave a surplus. The fix^d charges, supposing the full
$3,500,000 to be issued, would be about $310,000 per year. The
actual amount at present is said to be some $5,000 less, by
virtue of the floating debt being carried at a less rate than 6
per cent. The surplus in past years was applied to debt and
betterments, no dividends having been paid upon the stock
statement of earnings for the seven
since July 10, 1876.
months ended Jan. 31, 1885, is as follows
A
r~Juhj 1
1884-5.
Gross earnings
Expenses
Net earnings
to
Jan. 31, T mos.~.
188:^-1.
^I|i'l?i
22/, 944
^i^li'I?^
308, If!)
$156,860
$98,534
Oregon ImproTement Company.—The gross and net earnings tor January and for two months, from December 1 to
31,
were as follows
Expenses'....."
Net earnings
:
Jan
31.
—
1885.
1884.
Bee. 1
1884-5.
$233,123
190,173
$263,386
209,757
$461,315
37 4,667
1833-84
$534,864
421,379
$42,»50
$33,629
$36,648
$113,485
January.
.
Earnings
Union Pacific- Central Paciflc— Pacific Miiil.- A compartive statement of the floating debt of the Union Pac. RR. on the
30th of December, 1883 and 1884, is as bplow. This statement
is made to conform to the form of the United States Commissioner of Railroads, and therefore the net debt as shown by
the statement for December 31, 1883. differs from the amount
stated in tlie last annual report of the company- -first by
reason of the fact that the material and sui^plies owned by the
company, valued at about two and a half millions, are not
deducted by the Commi-sioner in arriving at the debt, while
they were deducted in the last annual report; and the balance of
this discrepancy is owing to a difference in classification.
.
.
to
Philadelphia & Chester County.— This road was sold in
Philadelphia on Wednesday, and bid in for $40,000 by William
M. Smith, the attorney for the sscond mortgage bondholders.
Philadelphia & Reading.— Central of New Jersey.— The
directors of this company have notified the Philadelpliia &
Reading Company that they will not accept the purchase of
the April coupons as payment, but that payment of the interIt is said tliat the Reading people
est must be made in cash.
had made arrangements for the purchase of the coupons; but
they are yet prepared for tlie payment of the money, having
secured the promise of the amount reeded on the pledge of
the coupons, which will not now be permitted. R.R. Gazette.
A meeting of the Board was held March 18, at which a
proposition was presented from the Reading to pass dividends
altogether this year and to pay 3 per cent next year, and grad-
—
ually to increase the rate until the full 6 per cent is reached.
This was promptly rejected, and it was decided to take steps to
revive the receivership and break the lease unless satisfactory
assurances are received this week that the April coupons and
the overdue taxes will be paid. There wUl be a meeting next
Monday to take further action.
The Philadelphia Ledger says the United States Court has
just ordered the payments on account of the Reading Car
Trust, due March 15, principal and interest amounting to about
$145,000. " This the receivers have funds in hand to pay.
The interest on the second mortgage 7s, amounting to $94,500,
and on the improvement mortgage 6s, $231,000, matures April
1st, and we understand it is the receivers' intention to pry
both, and for this purpose they will husband their resources.
Early in AjotI there will be also due $182,000 for taxes to the
State of New Jersey by the Reading Company, and just what
policy will be pursued about this payment has not yet transpired. * * * " Nothine has yet been done to reimburse the
consolidated mortgage interest advanced last December. Tlie
Reading floating debt as it falls due is arranged at present with
all creditors, generally upon four months' notes, they paying
the discount in cash. Very little stock is taken by anybody
in the proposal for an extension of tliis debt for a term of
years. The lenders will not change their present plan of dealing with it, and the new project meets with general disapproval, for banks and trust companies, who are the chief creditors, do not desire to tie up their assets in the manner
suggested."
'The New York Herald states that a prominent banking
house on Thursday called a loan of $700,000 from the Phihidelphia
Reading Railroad Company and that the company
was unable to respond.
dispatch to Mr. John B. Manning
Tennessee Bonds.
says that Tennessee new settlement 3s issued to date under
the new funding act are $3,860,000; settlement 5s and 6s
about $900,000, retiring about $9,200,000 old indebtedness,
which is about one-third of tlie entire debt. The necessary
documents to place the bonds on the New York Stock Exchange have been applied for to the State oflicers.
—
—
&
—A
December 31.
^
payable
Accounts payable
Bills
Pay-rolls
and vmicliers
Dividends unpaid
Coupons unpaid
Called boiids
.
ISSf.
18*4.
$3,398,000
1,502,842
2,1)07,612
$5.70^,769
2,478,649
1,69:,004
1.149,143
1,219,962
22 ,0U0
1.328.522
21.000
Liabilities-
7'<,64S
_
$1 1,306,594
$10,229,561
December 31.
Total
.
.
188,?.
Assclt-
Company
stocks and bonds
Sinking fund i<i hands of Irustecs
Bills and accounts receivable
Total
Netdel>t
—In regard to the trouble
18^*-.,„
$1,111,783
2,0a9,433
122,947
3,121,836
Cash
the present date.
January
[Vol. XL.
f712,962
159
i.-niio
3, .573,
3,613.665
$6,747,245
$S,06S,898
$3,482,315
$.1,237,696
between the Union and Central
Boston Herald says "The Central Pacific people
have erected a barrier at Ogden by refusing to accept freight
Pacific the
:
from the Union Pacific except at local rates. The Central
The order has
Pacific will get no freight at local rates.
gone forth from the Boston office of the Union Pacific to send
over the Oregon Short Line and the Oregon Raflw^y &
Navigation Line to Portland, and thence by the latter's steamers to San Francisco. The Short Line and the Navigation
Company will get some business, but at what rates is not
an interesting subject to consider. * * » The total amount
of this transcontinental business last year was less than
$3,000,000, or only about eleven per cent of the freight earnings and 7 per cent of the gross earnings of the system. If the
whole of it should be sacrificed—of which there is no possibility the net loss of income to the company would not be
more than 1}^ per cent on its stock."
The Union Pacific on Wednesday gave notice to the Pacific
Mail Steamship Co. that it did not longer propose to pay its
share of the subsidy ot $95,000 a month allowed by the Pacific
roads, and on Friday the Central Pacific also notified the PaThe N. Y. Express of Friday
cific Mail to the same eifect.
says that it is generally believed that the Pacific roads do
not even now intend to enter upon a fight with Pacific
lesser subsidy before the expioffer a
Mail, but to
Some remarks made by
ration of the required notice.
Mr. Huntington point to this conclusion, and rumor has it
that the Pacific roads would like to pay about .$75,000 a month,
instead of $95,000 as of late. Officers of Pacific Mail say that
they will not accept $75,000 a month; and if -they are
compelled to build up a new freight business they
will not accept a renewal of the subsidy of $95,000,
but will demand the old piyment of $110,000 a month. The
fact in the case is that the Pacific roads have not paid a bonus of
$95,000 a month in cash, but have made^good earning defiIf Pacific Mail, by its agreed maintenance of rates,
ciencies.
earned only $75,000 on certain classes of business, the Pacific
roads made up $20,000; if Pacific Mail earned $80,000, the Pacific
In the worst case Pacific Mail loses
roads paid only $15,000.
not the whole $95,000, but the amount which the Pacific roads
have made good.
—The trustee of the Union Pacific land grant mortgage
calls for proposals from holders of the bonds secured by that
mortgage for the sale to him of part of the said bonds sufficient to absorb $3,000,000 now held by him.
The land sales in February and for two months, Jan. 1 to
Feb. 28, were as follows
it
—
—
:
February.
.
Acres.
23,5-58
15,303
69.873
22,676
$14,181
81.817
.174,396
$118,650
46,234
128,161
$119,298
$299,353
Union Division
Kansas Division
Total
Decrease in 1885.
.
Jan.
1884.
Acres.
Union Division
Kansas l.'i vision
Total
1885.
1884.
Amoiinl.
Acres.
15l),0H2 $348,873
.247,831
.
.38,276
286,108
1 to
Amount.
Feb. 28.
.
1835.
Amount.
Acres.
Amount.
$621,198
185,088
55,828
31,122
$-<2.ii50
86.950
Ia9,l57
$214,880
$806,286
Decrease In 1885
132,329
$.591,406
Wahash St. Lonis & Pacific.-The United States Circuit
Court at St. Louis issued an order March 19th under which all
the AVabash Railroad cases are consolidated, under the title of
the Wabash Central Trust Company et al. against the Wabash
This takes
St. Louis & Pacific Railway Company and others.
the jurisdiction in the cases from the State courts.
—Die bondholders of the Toledo Peoria & Western Railroad
have appointed as a committee to enforce the terms of the
mortgage the following gentlemen Charles Moran, Thomas
Denny, Cornelius B. Gold, De Comyn Moran, William H.
Secor, O. H. Shepard and William H. Gebhard. The committee is invested with authority to ask for the removal and appointment of trustees. It is also empowered to purchase the
property at such price as it may deem judicious.
:
;;
MARca
'^hc
THE CHRONICLE.
IHt&l
21,
..
Commercial
COTTON.
'4*tme5.
Thk
COMMERCIAL EPITOME.
FniDAY
from
NioiiT, Jliirch 20,
1S8.5.
Friday, P. M., March 20, 18W.
NT OF THR Ckop. as lndlcat<«i by our tehito-night, is Riven below.
For the week
"'
ti
<
nch
the total receipts liave retttihixl ...
12,581 bales last week, 64.800 bales the previous
week and 50,312 bales three weeks since; makmg
making the total
receipts since the 1st of Septemlier, 1884, 4,522,:)06 btiUes,
Je asainat
-'—-^
4,528,55!) lialefl for the same period of 1883-84, •howinK
decrease since September 1, 188-t, of 0,103 balea.
thiiiev'
bales, agairuit
The weather has been severely wiutry during tlie past week.
The thermometer Uaa fallen below zero in northern latitudes,
and snow fell in nearly all of the cotton States, presaginK late
planting in all sections. The strikes of employes on railways
and in coal mines have almost uniformly terminated in favor
KeeetpUat—
of the strikers. Reports from many of the manufacturing
OnlveatoD
industries of the country are more favorable, but bespeak
Indlanoln, Ac.
fuller emploj-nient and freedom from losses rather than remu- New Orleans...
nerative prolits. The political news from Europe has been Mobile
more peaceful in a general sense, and especially with regard Florida
to the relations of Russia and Great Britain, causing a sharp
re-action against the speculations based on the warlike reports
of last week. But the news from Central America has Iwen
somewhat disturbing, though no serious results of more than
local
importance are apprehended.
The speculation in lard was without important feature
or decided change in values, until yesterday, when a material
decline took place. To-day there was more steadiness, closing
at 7-l.jc. for April, 7-19c. for Mny, 7-26c. for June and 7'34c.
for July. Spot lard has also declined, but at the reduction there
has been more doing for export, and the close is steady at
prime Western and 7M5c.
for refined for the Continent. Pork has been dull and drooping,
closing at |13 50@$13 75 for mess and fir)@|15 50 for clear.
Pickled cutmeats have been somewhat depressed, closing at
6%@6}4o. for bellies, o}4@o^iC. for shoulders and 9}4@
Smoked meats are quoted at 10)^@ H J^c.
9J^c. for hams.
for hams and G%c. for shoulders. Beef remains quiet
$11 50(3 $12 for extra mess and $12@|13 50 for packet,
per bbl.; India mess $22@|23 .50 per tee beef hams |20@|;31
per bbl. Tallow at a reduction was more active at 6@6Jgc;.
Butter has further declined, and closes at 20@30c. for new
creamery. Cheese still quoted at 7J^@12J^c. for state factory. Fresh eggs 17@19c. The following is a comparative
summary of aggregate exports from Oct. 37 to March 14
7"0oc. for
prime
city, 7'17J^c. for
2P,yi4,400
Fork. 11)3
Baion, lb8
lUit.ufll.-iOl
Laril.
118,380,8013
11)8
The speculation
in Rio coffees has been
fair business in the regular
cargoes quoted }^c. dearer at
way
SJ'^c.,
more
Raw
dull
and weak at
active,
and a
has been done, with fiiir
and options closing to-day
at 7"25c. for April, 7'45c. for June, 7"65c for
for September.
3.195,800
Inc.
Inc. 27,8U.v:73
Inc. 33,21)8.081
August and
7'70c
sugars have been fairly active, but close
-li,'4@4JgC. for fair to
good refining, and
GJ2C.
for refined crushed. Molasses has materially declined, new
crop Cuba selling to-day in Philadelphia at 18>^c. for 50-dcg.
test. The speculation in teas has been rather quiet, but to-day
45,000 Uis. standard Japan Eold at 24?8C. for May.
Kentucky Tobacco is in fair demand and firm at 5}^@7^c.
for lugs and 7@llo. for leaf. Seed Il*af has been fairly
active, the bales amounting to !)50 cases, as follows 300 cases
1883 crop, Pennsylvania, ScQUJ-aC-; 300 cases 1881 crop, do.,
6c.(ailc.; 100 cases 1883 crop. State Havana seed, private
terms; 100 cases 1883 crop, Wisconsin Hivana seed, 13'.2C.@30c.
150 cases sundries, Hcfd'-iSc; also, 400 bales Havana, 75c.@l 15,
and 1.50 bales Sumatra, $1 S0@$1 60.
The speculation in crude petroleum certificates has been
very active at times, and prices r;) pi. ily advanced on reports
:
indicating a reduced production. Yesterday, however, tliere
was iiome re-action. To-day there was a sliylit further decline,
closing at 80\'c. Ciude in barrels <iaoted at 7((t7)4C.; refined
in barrels for export, 7^8C. and in cases 8J-4(g lOJ^c. naphtha,
Naval stores have been less active, tne speculaiion iu
7c.
spirits turpentine having subsided; but after a momentary
depression prices became firm, closing at 32@33}^c. Rosins
;
have remained
Sal.
futures. 17-30(t?1740o. 10 tons May sold at 17-35c
10 tons
March sold at 17-40c. Tin plate nominal; $4 40 asked; transferable notices issued at $4 30. Copper easy at 10-80@llc.
Lead quiet; domestic offered at 377^0. Spelter steady lit 4-25
@4'30c. for domestic.
Ocean freights were dull early in the week, but close more
active.
To-day thn shipments embraced grain to Glasgow at
4>^d. from store and to Liverpool at 3'^(l. regular; and other
late business embraced oats hence to Cork for orders at 2s. Od.
and steamers with grain from Biltimore to Cork for orders at
Petroleum charters include retined from PhUadelphia to
49.
Hamburg at 23. 3d.; refined hence to Bremen, la. lO^d,; cases
to Rio, 2>:ic.
;
;
Wed.
Tiiet.
Thuri.
Mat.
rri.
1,700
0,704
3,545
2C1
220
50
Savannah
Bmnsw'k, &o.
205
559
202
280
1U2
986
8
8
Charleston
Pt Koynl, &o.
147
320
Vo
179
458
1,255
Wilmington
MoreU'd C'.,&c
37
14
113
39
23
>•
Norfolk
279
481
300
218
491
76
44
4
10
652
174
164
70
766
128
153
116
8. 808'
5,173l
•
120
oVo
30
307
05
1.342
1,3M3
18
1.889
18
15,»90
20
West Polnt.t&o
New York
2,273
4S
Boston .........
Baltimore
69
Phlladelp'a, &o.
Totals this
week
5,'207i
267
241
840
1,087
1,697
2,514
3.338
1,034
29
147
63
592
147
504
7.782
32.885
total receipts, the total since Sept. 1, 1884,
and the stock to-night,
and the same items for the correspomling periods of
1884-83Beceiptt lo
March 20
This-
Week.
Galveston ...
Ind'nola,&o
New Orleans.
.MobUe
Florida
Savannah
Bi'8w'k,&o
Charlestou...
Pt.Royiil.Jtc
Wllinlngtou..
Norfolk
W.Polnt,&c.
New York...
Boston
Baltimore ...
Phlladel'a.&c
1883-84.
Since Sep.
1, 1884.
1.342 447.771
18
10,385
15,990 1,441,151
840 220.191
1.687
73,317
2.514 693,888
8
0,700
1,253
303,305
44
6,260
230
92,714
10
9,582
2.413
532,031
1.934 271,857
3,355
39,XS8
532
117
504
4.141
10,432
1,792
917
4,464
4,365
8
436
92
7,664
2,527
1,004
3,010
76.656
25.955
36,386
249
1,484
laet year.
atoek.
Since Sep.
1, 1883.
T/iia
Week.
32.885 4.522.366
Total
10
2,415
1,931
3,855
39
2487^
44
230
we give the fol lowing table showing the week's
For comparison,
1885.
674.43 i
8.312
1,443.578
242 184
40,146
635,452
7,684
408.802
13.237
89.132
12,303
538 257
214,160
91,669
144,389
19,932
21,833
18.860
234 378
23,621
2
21,310
25.191
7
270.358
28.321
2.129
30,743
1,295
20.449
8
5.743
16.632
10.407
15,727
4?
42,635 4,52^.559
1884.
220
-••*••
339.043
6,310
16,214
8,947
344,923
7.510
12.270
12,825
702,616
788.889
In order that comparison may tie made with other years,
give below the totals at leading ports for six seasons.
Receipts
at—
Oalve»t'n.&c.
New
Orleans.
MobUe
Savannah
1885.
1833.
1884.
1,360
15,990
840
2,514
Ac
Wlliu'ufn. &c
1,'J9»
240
548
Norfolk, &o..
All others....
4.319
6,293
10,191
6.091
Tot. tlds w'k.
Since Sept.
1.
1382.
4,154!
5.931
6.905
1.931:
13,837|
11.3321
103,062
61,916!
4532.366 452«,351 3212.783
4236.';0->'
32,883
42,6
;5
1331.
j
5.632
13.148
19,754
29,997
2,610
14,727
8,722
1.810
15,154
12.228
4.141
10,432
1,792
4,101
4,373
Dharl'st'n.
we
18S0.
13,113
38.024
3.734
7,033
5,424
4,690
27.057
2,341
3,500
3,996
1,501
8.723
16,OS8
6,240
4,807
93.600
53,419
788
.012.112 4447.669
UaivestDU inohi'luij luiliauolii ; OliarleiitDn tnoiud,<s Port lioyal. *o.;
Wiliiilustouiiieluau.^ Morehi-aM City, &«.: Norfolk iiicludua \V*l^st Point. *0.
The exports for the week ending this evenin^; reach a total
of 51,947 bales, of which 315,083 were to Great Britain. 4,415
lo Fi-ance and 11,409 to the rest of the Continent, while the
stocks as made up thi.s evening are now 702,018 bales. Below
are the exports for the week and since Septemlier 1, 1884.
XVeik BtuliiKi
Mirch
Exported to—
quiet.
Metals liave been generally quiet, but there has been an
improving tone to pig iron certificate?. At to-day's Exchange,
however, they were easier; bidsijl(i((|$ltj 50; offered at $10 75
(g$17 25. Tin dull, closing stroi.g at 17'35o. bid for spot;
iTon.
287
M'headC. Ac-
IT.648,600
171,8-0,5J8
85,118,783
—
332
:
1883-1.
20),
102
;
18S4-5.
365
from
HO.
Exported to—
Great
Cl)««- Tbtitl
BriVn. yrance nent. \reek.
Great
1
I
Oslwiton..
New Orleaiu
Habile
KlorMa.
.
Saraaiub
~».S40
9.754
3,234
4,016
T.SW
5,100'
6,400
20,i;2
41.»<.'W|
1,0B0
1,050
178,375
191.142
5I.1UT
Oi
80l.8»-l
8.180
I7.9SJ
Wilmington.
.Sorfolkt
15.427
"aoj
8.W5
Total
Tntiil
I
a,3ui
80,0(W
1'0<'i..Jl
S».ll
!),043'
Baitlmoro...
Plillsdelp'a.fta
7.47U
ftU).547 264.141
i
Boaton
-
f^»"
t4-<.93tf
t.2U
*
.Sew Tort...
|
Britain.
8.5M
. .
Charleston
S.ipt. 1. 1S8I, to Afcfc. 40.
,
il.:Wli
<,415
07.390
107.929
46.1«)|
11.409
U,947
3.063,44!i 837.71)0
)| .111)
JL-^li)
7fl.S2.|
4.031.6O7
hcludee exports from Port Rojral. Ac,
Bdadee exports from Weet4>olat, *o.
do£aW
CuiMfWHf.
1888.
8
THE CHRONICLE.
366
to-night also give
In addition to above exports, our telegrams
not cl^rea,
UB the following amounts of cotton on shipboard,
for New York,
at the ports named. We add similar figures
Yale
which are prepared for our special use by Messrs. Carey,
& Lambert, 89 Broad Street,
On Shipboard,
MAKcn
.
20,
AT-
Barannah
100
GalveBtou
5,631
8,436
7,900
4.000
11,928
None.
None.
None.
None.
None.
None.
None.
45,121
37,124
68.118
15,854
1.20O
2,000
NewOrleana
Mobile
Charleston
,
Jlorfolk
Kew
York
Other ports
Total 1835
Total 1884
Total 1883
.
.
Total.
wise.
3,500
None.
None.
None.
6,350
o
1,589
2,500
39.613
500
600
125
6,000
None.
dll
Leaving
Stock.
''"?*'"
7.242
The Sales and Prices of Ftjtukes are shown by the following comprehensive table. In the statement wiU be found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales.
W'S.
not cleared-for
Oreal
^"""'
prance Foreign
-f™""Britain,
.'(,700
700
194,765
19,921
9,727
20.619
13,104
6,664
324.793
28,536
500
None.
None.
5,756
9,968
14,250
4,500
14 928
17,592
6,846
84,487
618,129
15,066
1«.914
21.900
76.786
11,692
13.865
85,782
175.683
703,107
709,221
1,532
9''
18
Wg
im
Wed
Xli.
Wed
Fri.
9 14
914
911,8
95,8
911,8
lOia
10^8
11^18
1136
ll'i
1111,6
ll'^R
124
1278
9%
104
109,8
914
911,
loin
101-'>,8 lO's
1078
113,8 113,8
ini8 113h 113n
lll-^
119,8 111?
11*1
1111,6 1111,8
1115,8 11 'fl
1178
I2I4
125,8 I2I4
1215,^ 1278
1278
im
Wed
xu. Frl.
Th.
H
COXm^
<
O
MtO
2
"
aiw:
MM'oM
I
sw:
I
wwOw
tcro
ro
MM
*H
tow
&9WC W
<
2
'^
U'W
lOK)
'-to
•A
STAINED.
Sat.
K.f^^'^
i-'H'iOt-'
^^^''^i-^
S"'
\
ft
OV
<
1
®«>;
'Mtf^.M
1
>'^^
t>.
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00^
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to to
^'l--
p.
f»r
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Wtfi-Ow
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CS
s
2
If^OlK)^
ftf:
>.^>-^^
1
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cc
to
cjioi
MCOOtO
CO
1
lb.
<
tt^Jh
S
»-1m''
l--f
^ MM
C.I)*-
<
9
ff
[»
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o,if.
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ff
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e.u'.»»;
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MMoiM MMkjM MMOJM MMOf
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mmJjM
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§
01
diutOo' cjio-o*. oi w 0. CiyOOf UiinOo,
MN M
00
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MM
^^ > -M > MM >
MM
f *7 5 CSC
<
5 11 < 11
01 Ot
(P
2
X
lf.M
s^
Y'r-,
s
If*
a-<:
1
1
1
1
1
1
>~*>~':j:,t-*
g'i
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to.
OIW
2
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MO
mo'
aoi
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»
CDiT)
"^
to
~1
2
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c;a5
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"^
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wto
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9m;
MMo,M M^W*-"
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CO
i-i-'
>
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1101 IIOI
CnoiCwi CJ-ClOO'
OiOlOoi
WtO
MM,^t-<
I
.
wt«
2
"
cJ.cji
~i<i
mmqM
mmc
MmXm
.'01 MMc
CO
osoj
2
11
<
(Ptt^
o
•»3C
®
lOr-
<J
«^to:
'-'t-'a*'"'
-j-jOoi
00
CM
0:0
COS
Ig
:::
^
^,
ch
a
I
A
roo
,1:
1-29
1-29 1-29
1-25 1-25
00
Aver
10-73- 10-789
1-25
IIOI
biKjOlO
li'u
I
9
S
S^
1,
—
»
.
OtO
to
en
r-t-'
b.
-j-j
OiOi
5
2
«
I
1116,6
126,6
1216,6
a
i«
00
00**1
o«i
;
•"^
mm.^
I
<1
K
!»
o*
-130
Cl
MOO
MM b
00 5 00 5 99
cio<
(KW 2 a:oi
2
*
wc
CCD
00
'^
Frl.
to
2
'-'
I
Hi
\W
H9"
?i-
OOo°
MM M
oc
CCS
wto
2
"^
9
:
M MW*"*
I
:
diCiOci
w
MM
MM > 00
>
"^
I-''-'
®
OCoO
if^W
I
if-
99
ao5
WIO
<
2
^
tit'.
cooo
9
«
MMoiM
I
5
2
"^
9 oo OOoO OOoO
ob-jO-"l
oO ooo9
CO CO
<|Q0
119|8
Aver..
10-75-
sm;
MMJoM
MMof
MwOti
MO 0>
^M ^
I
00
109,8
1015,6
III4
MM >
<
11
wio
2
tots
05 O-
I
95,8
96,8
95,8
95,8
9%
934
9%
9%
109j8 109,6 10»|6 1119,
1016,6 1015,6 lO'.Sje 1015,6
1114
1I'4
11M
ll''l6 ll'is 117l8 Il7l8
1198 11918 1198
11% 1134 11% ll!^
1115,8 1115,8 1116,8 1115,6
i26,r 125,6 125,6 125,„
12i6,ell2l6i8 1215,6121618
jnoniTnea'W^ed Th.
CO
tCWOrO
9<
11%
2
MMO-'
WWOto
WWOto
QD
I
HM§- -for MMoM* T^fOf
t|lQ^ ^^0,1* wwOw WifCu
CDOJ
-J
(CO
WW 1- w*-
•°s
WW
I-'I-'o'T'
"
toco
S)*-;
1
^
10 to
to »o '^ to
^^ ?
pT
tt
(OOi
^ w:
I
M
5
*7t
MtO
(B.
1
Ordin'y.»J» 9iin
9'18
93,8
9',«
95,8
914
Strict Ord.. 91a
9%
9%
91s
Good Ord.. 105,6 105,6 106|8 109,6 10»i«
Btr. G'd Ord 101 lie 1011,6101118 10i»iellOiSie
I.o-wMidd'g!ll
11
11
1114 ill!*
8tr.L'wMid|113,6 ll.-i,6 H3l6 117,6 117,6
MiddlinK... 116i8 115,8 115,8 119,8 119,6
Good Mid.. III3 11% lllia 11% 11'4
Str.G'dMid;llll,c ]in,6'llii,e 1116,6 1115,8
Nidd'g Fair 121,8 121,8 |121,8 125,6 ,12^,6
fair
!l2it,e 1211,6 12)1, 8'12i6ie 121518
w w
t;*
I
^ MMC^
wwC W
Me- o
2
^
©m;
I
03
«Sl6
f,
to 10
w wOco
Vr
WW
o<i
cjw
^f-
I
——
914
01,6
ai*
911,8
IOI4
IOI4
105,8 10 >s
Good Old..
1011,8
Btr. G'd Ord 10=8
105h
IxpwMldd'e 101616 101 = 18 11
113,8
Str.L'w Mlu 1118 11%
113,8 1138
MiddUiiK...
ill"*
115,„ lllfl
Good Mid-. 117,8 1117i6 114 lliije
Btr. G'd Mid 11»8 Ill's
1111,8 ll'«
Midd'g Fair 12
12
121,8 1214
I2II16 12'8
12.'8
Fair
ll25a
9
9'ifl
WW
coco
UPL.\NDS.
NEW ORLEANS.
TEXAS.
March 14 to
March 20. Sat. monTnes Sat. Mon Tnes Sat. Mon Tues
9
S^
o
do
MM a,
WW »
6°"
were to arrive.
each day of the past week.
Btt-ictOrd..
£.S»
1
OR g|'.OC
in transit. Of the above, 150 bales
and
The following are the official quotations for
Ordin'y.^lb
r"g O -
f iSi
CO
.
o
o
;
for speculation
o jj
p rS*S
.
a.
m
b;
(R
The regular
-
5-f
Sg
89
I
the
next crop attracts less attention than of late. The advance on
Saturday last was followed by dulness and depression, which
continued down to near the close of Wednesday's business.
Yesterday a sharp advance at Liverpool and better reports
from Manchester were followed here by an improvement of
but a few points and limited dealings. To-day the opening
was lower, but the close slightly dearer. Cotton on the spot
advanced 1-16p. on Saturday (when our exports to Great Britain
were very large) and again on Tuesday. To-day the market
was quiet and unchanged at 11 5-16c. for middling uplands.
The total sales for forward delivery for the week are 246,600
For immediate delivery the total sales foot up this week
bales.
for export, 771 for consumption,
771 bales, including
2?£| ^Ssf
E-2
ci
o
4^
field.
Eussia, covered their contracts and retired from the
declining
rapidly
by
favored
although
But the "bull" party,
weather at
stocks, a reduced crop movement, and such severe
little or no
shown
have
work,
planting
delay
South as to
disposition to take advantage of the situation.
room operators say that cotton is too dear to buy and under
too firm control to sell they can therefore do nothing. The
-I
9in
:
There has been a dull and somewhat featureless speculation
the past
in cotton for future delivery at this market during
week. The "bear"' party, deprived of the aid which they
and
derived from the strained relations between Great Britain
—
[Vol. XL,.
'
1
p.
5
2
*
:
1
S
:
MMOiM
OOoO
Ci di o a.
MtO
to
99
dc»
00
5
2
"
1
a
:
Ul
<
2
"
ssim:
MMOjl-'
ooo9
rf.-lO
M
«S
OO09 OM09 9 09 ooo9
0909
Oc C^diOd
Oi
(sdjOci cio^O) <i O
0'.0
M
I
|P.W
w
cj,
K-W
'
cJ'
CO
10
CO
•a
Frl,
I
I
I
I
I
I
I
I
I
I
I
I
I
Good Ordinary
Good Ordinary
Strict
Low
^Ib.l 8»8
93,6
I
Middling
Mlddllns
llOig
10%
85e
95,6
10%
10%
81118 8iii„ 811,6 811,8
938
938
93e
938
,103j6 |103j8 103,0 103,8
10:3,all0l3,6 I013j6 1013,6
«
I
I
I
li
I
I
I
I
I
I
I
I
I
I
I
I
MARKET AND SALES.
The total salA and future deliveries each day during the
week are indicated in the following statement. For the convenience of the reader we also add a column which shows at a
glance how the market closed on same days.
I
I:
I
I
I
I:
I
I:
<
1
I
I
9
I
l«
I
li
I
I
* Includes sales In September, 1884, for September, 158.200
September-October, lor October, 421,800; September-Noveml)er, for NoverabOT,
582,200; September-December, for December, 967,800; SeptembeiJanuary. for January, 2,114,100 September-Febniaiy, for February,
;
SALES OP SPOT AND TKAH8IT.
SPOT MARKET
CU>8EO.
Hon
Firm at
Firm
Toes
§'t&8t'y,ii6adv
Bat.
Sx-
Con-
\tump
Tburs Steady
Frl. Dull and steady.
131
U5
155
159
120
111
Total.
7711
Wed
i,e adv..
ull
ul'
.
Spec- Tran-
I
port,
ul't'n
tit.
„
FUTDEES.
,
^otal.
131
95
155
159
120
111
Sales.
78,700
46,000
19,000
30,800
51,400
20,700
Deliveries.
1,900
2,100
1,600
1,100
1,000
1,200
771 246.600 9,500
The daily deliveries given above are actually delivered the day
previous to that en wliion they are reported.
;
1,959,200.
Bf
wSs
We
in the above table, and shall oontlune eaoh
to give, the average price of futures each day for each month. It
have included
The
be found under each dav following the abbreviation " Aver.
average for each month for tli« weefe ib also given at bottom of table.
Transferable Orders- Saturday, ll-35c.; Moud.iy, ll'SOc; TuesdaT-.
11-35C.; Wednesday, 11-35C.; Thursday, ll-lOc; Friday, ll-35o.
will
'
The following exchanges have been made during the week:
•24 pd. to exch. '..'00 April for June.
200 May for June
300 April for Juno. •12 pd. to exch. 200 May for June.
•12 pd. to exch.
•25 pd. to exoh.
18 pd, to exch.
500 Mar. for June.
P
.
Mabch
THE CHRONICLE.
21, 1880.1
Thk Visibue Supply of Cotton to-nif<ht, aa made up by cable
tclojzjnph, in aa follows. The Continental stocks, aa well as
tliOHii for (iroat Bntniii and tho ailoat, are this week's rBturns.
and i-onHi>(iucntly all the European liKures are brought dowr
to Thursday evening. But to inako the totals the complete
figures for to-night (Moh. 20), we add the item of exports ircm
the United Stateb, including in it the exports of Friday only.
and
188%
Rtook at Liverpool
Stock at Lomlon
1884
084,0<M) l.OSS.SOO
bale*.
SS.OOO
35,000
Orpnt Rritaln stock .1,019,000 1,093,500
Btook Bt. Hitinhiir);
7,000
4,000
Stock at HriMiii'ii
53,800
70,600
Btwkiit Ain»l.i(linn
53,000
51,000
TotJil
400
900
Stock »t KotliTihim
Stock Mf Aiilw(Mi)
P
1883
931.000
68,300
1HH2
77A,obo
61,000
999,300
837,()OJ
3.200
40,200
27,000
a,ooo
2.300
33,200
20,(iO0
.'87
Hune towns have been M.ODl bal«« lens than too name
week la«t year, and since Sviotemlxjr 1 tho nw^eiptM nt all the
towna are ISO.MO bales legs thiin for tho same timo In lM8;»-8.t.
Quotations for Middlinq Cotto.v at i/riiKii Markets.—
In the table below we give the closing quotations of mi Idling
cotton at Southern and other prtnctpal cotton market* for eacb
the
ilay of
the past week.
Marth
20.
10«8
10>«
Mot>llu
lOi^S
1.400
Savannah.
125,000
4,300
55,000
8,700
4,700
12.^.000
CliarUwton
8U)cK at (iciioft
Stock at Trieste
197,000
5,000
83,000
6,000
3,000
Total Continental stocks
407,100
419,700
271,000
238,295
•
t-
oloria
.
2.:<.'0
4;t.r)00
7,000
2,38S
Salur.
Onlveston ...
Nivr Orleans.
000
cillcs
..
.
VViliiiliiKtou
..
Norfolk
Total risible supply
2,732,792 3,OSO,.'5S1 3,292,802 2, 908,112
01 the above, tlie totals of American imd other descriptions are as follows:
American—
758.000
327,000
366,000
788,889
147.992
17,500
768,000
290,000
263.000
United States stock
702,610
United States Interior stocks.. 156,076
United States exports tOKlay..
17,000
Liverpool stock
Continental stocks
American
bales
afloat for Europe...
Totol American
668.000
187,000
587.00)
884.904
251,898
7,700
537,000
131.000
379,000
889,728
227,389
6,700
Egypt, Brazil, Ac, afloat
Total East India,
Total American
&0
277,500
58,000
92,700
215,000
32,000
263.000
68.300
81,000
249,000
42,000
239.000
61,000
101,295
276,000
54,000
W
The imports
the
movement— that
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 1883-84 is set out in detail in the following statement.
is
—
10><
10%
10%
10T«
lO's
10%
10<
11
11
im
10%
10%
1038
103g
lOlg
10%
lOifl
103g
10>4
10>ti
ll'*
11'h<»3i« l.H.»..„
It's
10%
10>9
10>«
101,
10%
10%
10%
I0»g
10»8
10»9
FROM THE PLANTATIONS. —The following table Is
prepared for tlie purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are sometimes misleadinjj, jis they are made up more largely one year
RECi5rpTS
We
than another at the expense of the interior stocks.
reach,
therefore, a safer conchwion througli a comparative statement
In reply to frequent inquiries we will add
like the following.
that these figures, of course, do not include overland receipts
or Southern consumption they are simply a statement of Oie
weekly movement from the plantations of that part of the crop
which finally reaches the market through the outports.
;
RECEIPTS FBOH PLANTATIONS.
Week
Receipts at the Porta. St'kat Interior Tbwnt.'Rec'ptifrom PI inCiv.
Endiiif—
1863.
3..
»..
le..
,
1S85.
1884.
ISSa.
I
1884.
I
188S.
i224,997 140,613 154,075 38S.847 407,974 849,
175,382 90,245 133,994 '380,248 S89.89S 320,
150.300 110.407 130,951 387,967 31) ',715 304
136,400 104.533 93.911 350,749' 8.30.900!208,
!
SO..
171,316 112.110
6..
165,863' 111,481
IS..
146,130 105.921
Feb.
20..
At THE Intemob Towns
IO»i,
lOij
10%
11'4
ll^i
10%
30,000 bales.
figures indicate a decrease in the cotton in sight
to-night of 317,789 bales as compared with the same date of
1884, a decrease of 560,010 bales as compared with the corresponding date of 1883 and a decrease of 175,330 bales as
compared with 1883.
lO's
10%
10\
TH.
10%
imi
lOi-j
week have been
The above
}?'.:'*
Thwn.
10%
U'sa-iifl
lO'a
28..
into Continental ports this
im
10%
527,100
675.200
706.300
734,295
2,205,692 2,405,381 2,536,502 2,173,817
2,732,792 3,080,581 3,292,802 2,908.112
Total visible supply
SiSigd.
6iii6'l.
6d.
5«8d.
PriooMld. Upl., Llreruool....
lOl'i,
Louisville....
2,205,692 2,405,381 2,580,502 2,173,617
216,000
35,000
108,100
145,000
23,000
10%
im
Ills
Xatt Indian, Brazil, de.—
Llven'ool stock
London stock
Oontinental stocks
India afloat for ii:urope
lO's
Cincinnati...
Bt.
....
10»,9
104
10%
10^
10%
loC
Louis
Memphis
10%
lO^i
lu.1i
Ills
lOli
10 ^8
lO'a
Auii;usta
Wedntt.
lOi'is
10»iJ
lO'a
101,,
104|
107.
lots,,
roa mcdduko corron on—
Tua.
Ifon.
10II>i8
Boston
Kalllmore...
Philadelphia.
Total European stocks ....1.426.100 1,513,200 1,270,300 l,0Tr),295
India cotton iillo.it for Europe. 1 l.'i.OOO
24',),000
21.^,000
27i;,000
Anicr'ii cotfn allniit for Eur'pe 263,000
360,000
587.000
3 7 11. 000
JClf}-Iit.Iini?.il.Ac..iilltforEi'po
23,000
32,000
42,(K)0
51,000
Stock ill United .Stiites ports .. 702,016
783,889
8G4,901
889,728
Stock ill U. S. interior towns.. lo(!.076
147,992
251,898
227,389
Uuitcd States exports to^lay..
17,500
17,000
7,700
6,700
OLOsisco qtJOTATiom
Week ending
1,100
1,900
200,000
5.000
61,000
12,000
5,000
1
367"^
134.443! 65,013
75,295 347.523 299,754]280,
89.785 343.584| 283.475,271,
68,621 326,796' 268,069 256,
121,820
54,3-34 321,424 251,450 234,
50,312 308,417 227,265216,
56,868 304.621' 205,477) 199,
13..
68,720
lll.SSlj 49,876
23..
105,0821 42,835
42,531 297,1 is' 181,414 181,
32,835 27S,948:i60,809 170,
27..
Mch.
6..
135,32l! 76,487
1SS3.
I
ISSt.
I
189B.
228.789 128.278 1 10,043
171,983 72,160j 105,291
138,100 81.2841 115,035
119,182 74.7181 87,132
188,090 80.964] 53.087
161,939 94,202! 80,703
129,342 91,515! 52.878
129,078 S1,S94 32,^10
122.314 49.302 ^,M3
121.030 46,932 39,563
103.783, 28,813| 24.334
87.835
21,908
—
The above statement shows 1, That the total receipts from
the plantations since September 1, 1884, were 4,675,306 bales;
in 188.3-84 were 4,640,312 bales; in 1883-83 were 5,506,244 bales,
2.
That, although the receipts at the outports the past week
wore 33,885 bales, the actual movement from plantations wag
31,908 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 19,030 bales and for 1883 they were
—
87,835 bales.
o
Amount of Cotton in Sight March 20.—In the table below
we give the receipts from plantations in another form, and add
to them the net overland movement to March 1, and also the
ifr.
O Cn © C; o M W
;30C^QDU)0«Ut
a
CK
10 en
CO
'tJ*QONl.-.W
t~t
ifc.CJ*
C0^CiC^-j,-'t;»O-JC;':
CO
tJ»^-&3
COX
-*O<lW^l0©t0
1884-So.
^ *- W «
CO
one;*
-J -J
tC
CI to
W
VlcslocCO-JWOSICCOOiOS*- W'OOS^OVl
xioc-'»-»oc"0»o:^o;»;-CMOOiff. iffc^ios
cowcc;
CO-'a;
O U< M
^
M
OS®*
"•tOIOiii;
to
0»
M
e>9
CiO
^OOiO".
OOM
188:-33.
1831-82,
rf>.rfkiow
^-ta
C0-I(^0S0SC0OM
Tot. receipts from planta'tns 4,675..TO6 4,nl0.212 5,.^0R,244 4,444,798
Net ovcri.iml to .March 1
501.7821 461,070! 526,.556
353,355
Southern consimipt'n to Mch.l
180,0001 190,000, 2(JO,OO0
155,000
Total In sight
#»,
-J
05
O'
—
rf;*
i-'t-?::
« ^lo'lO^
'
w;^ wif»-_;-toto
M^llo o't^ C-
It will
tn
tOOOOl-*CCCOF-yiC5l t-'WOSCStOOD*.!-)
5,3.57,088 5,291,282 6,232,800 4,953,153
Northern spinners' takings to
March 20
1,112,444 1,187,94311,364,293 l,2dl,4M
M
oi
toot
»fc
March 20
?r5
C^l
tOOrOiClOiOW
1883-84.
Receljpts at the ports to Mch. 20 4,o22,366j4,528,o59 5,242,783 4,236,605
Int<!nor stocks ou Mi h. 20 In
excess of September 1
152,910 111,653 26:?,161
203,193
to^^*.o»*-o
OO
takings by Southern spinners to the same date, so as to give
amount of cotton now in sight.
substantisilly the
CTU
to-nlKlit,
to?r
be seen by the above that the increase In amount In sight
as compared with last year. Is 65,800 baloH, the dccreaae
Is 875,712 bale.?, and tho increase over 1881-82 Is 403,935
from 1882-83
bales.
tOifk.
#- (- H-
c;>
h- tc to
— owes MO
1^
cncc to
to
I- CI vt
ts iu
M Ci o o» o to (^ o>
Q
t0^IC0OOt00DOX0l»-'OM«)if-«00'<-'»-t
a to
o*
M ® o« cs a"^
to -^ U 00 W QD OS
ot^ p.r' *^?° wp^i^^i*
p'io 00 w *» ci p
pfflo'wVoV|V*o)V.VobiO>'^»ooaDOsai
'J
iCk
1^ »^ <]
I..
tOtO
^
OS
zjf
tjt f-i
MC;>xt&i^to»o
to H-
1^ »0
>-•
!-•
tO'^U'slna.KJUCOtOOS
(^
M
t-<
A^OO'^OOlMtO
H-
to
to
e> w> 00
MQO'-'I-'
t-O
X MO OS o CO *-*•*
® o: O' o 'e o M o 00 *i <i to w< cc w oa o
toVj 10
•-•1-t
It.
00G0WOi»^C0l0ieh-JO»-00O'^aD»-*00CC#»
1-1.
to
C;*
<^
A
Isi
O OD M
;;)
The above
to CD to
10 H)
*^^J*^5P^^'3>OW"
u«4OC0O^c:(S-^w.
§•5-
lis
c»t
^,**;3
wcclocioi^
—
O»t06S0SCW«J*^Otit0OCnMW<>'-'OM
o*»0'C»otow*jb3e-waios®ci<oo"-co
Wp
5^
Weather Reports by TELKaRAPH.— Again this week the
temperature has been low in a large section of the South with
snow in portions of Tennessee, Alabama and the Carolinas.
Planting is beginning to make fair progress in the Southwest,
but at other points this unseasonable weather is causing farm
work to be very backward.
ai
Galveston Texas. We have had rain on three days of the
week, the rainfall reaching one inch and forty-nine hundredths. The thermometer has averaged 61, ranging from 47
is
tooo»ooy»g»0'0»)fc.'si(-'to^:;'c;t*^i»-.i
oc;T**.biaoob
?
50
to
ft-
coos-^iu-^i^^c;*®
show that the old interior stocks have
decreased during the week 11,180 bales, and are to-night 8,084
bales more than at the same period last year. The receipts at
totals
to 74.
—
Indianola, Texas. It has rained on three days of the week,
the rainfall reaching seventj'-four hunrtredtlw of an inch.
Corn has generally been planted and cotton planting is making good progress. The thermometer hts rang^ed from 46 to
75,
averaging
63.
—We
have had rain on one day of the
Palestine, Texas.
week, the rainfall reaching ninety hundredths of an inob.
Com planting is alx)ut finished and other planting begun.
The railroad strike has am^ed and traffic has been resumed.
Wo
.
THE CHRONICLE.
368
had a frost but not killing frost. Average thermometer 55,
highest 72 and lowest 3'd.
New Orleans, Louiciana.—It has rained on one day of the
week, the rainfall reaching one inch and ten hundredths. The
thermometer has averaged 60.
Shrevepoit. XoMM2a»»a.— Rainfall for the week five hundredths of an inch. The thermometer has averaged 57, the highest being 74'9 and the lowest 36'o.
Meridian Mississippi. Telegram not received.
Columb%is, Mississippi.— The weather has been cold and
dry all the week. The thermometer has averaged 51, the
highest being 70, and the lowest 30.
Leland, Mississippi. Telegram not received.
Little Rock, Arkansas.— it has been cloudy on one day and
the remainder of the week has been fair to clear and cool.
The thermometer has
Farming is progressing favorably.
ranged from 24 to 72, averaging 50.
Helena, Arkansas. It has rained on one day and the remainder of the week has been pleasant. The rainfall reached
fifty-two hundredths of an inch. Average thermometer, 45,
—
—
—
lowest 24.
Memphis, Tennessee. It has rained on three days of the
week, the rainfall reaching twenty-six hundredths of an inch.
had snow and sleet on Tuesday. The thermometer has
highest
70,
—
We
averaged
46,
ranging from 27 to
—
68.
Nashville, Tennessee. The weather has been too cold during the week. We have had rain on three days and there has
also been snow. The rainfall reached forty-one hundredths of
an inch. The thermometer has ranged from 18 to 64, averaging 40.
had rain on one day in the early
Mobile, Alabama.
part of the week, but the latter portion has been clear and
pleasant. The rainfall reached ninety-flve hundredths of an
inch. Average thermometer 55, highest 73 and lowest 41.
Montgomery, Alabama. We had rain on three days in the
early part of the week, and the latter portion has been clear
aridpleasant but cold. The rainfall reached fifty-three hunhad a light frost on the 16th, and
dredths of an inch.
thunderstorm on the 12th. Snow fell this week iu the northern part of the State. There is an increased demand for ferThe thermometer has averaged 53, the highest
tilizers.
being 74 and the lowest 34.
Selma, Alabama. The days have been warm but the nights
have been cold during the week, with no rain. Corn planting
The thermometer has averaged 52,
is making good jjrogress.
ranging from 34 to 70.
Auburn, Alabama. The weather has been cold and dry all
the week. Ice formed on the 19th, and we had killing frost
on the 16th. The thermometer has ranged from 33 to 67, averaaing 58 '6.
Madison, Florida.
have had rain on two days of the
week, the rainfall reaching forty-four l)undredths of an inch.
Average thermometer 58, highest 78, lowest 39.
Macon, Oeorgiu.— There has been norain during the week.
The weather continues cold and farniers are very backward in
preparations for planting. The thermometer has averaged 51,
the highest being 70 and the lowest 33.
Columbus, Oeorgia. We have had no rain all the week.
The thermometer has averaged 48, ranging from 36 to 61.
Savannah, Georgia. It has rained on one day and the remainder of the week has been pleasant. The rainfall reached
six hundredths of an inch. The thermometer has ranged from
38 to 69, averagmg 55.
have had sprinkles on three days
Augusta, Georgia.
and the remainder of the week has been pleasant. The rainfall
reached thirty hundredths of an inch. Average thermometer
50, highest 71, lovvest 34.
Atlanta, Georgia. It has rained on two days of the week,
the rainfall reaching forty-five hundredths of an inch. The
thermometer has averaged 46-1, the highest being 66, and the
lowest 30.
Charleston, South Carolina. It has rained on one day of
the week, the rainfall reaching four hundredths of an inch.
The thermometer has averaged 52, ranging from 39 to 66.
Columbia, South Carolina. Telegram not received.
Stateburg, South Carolina. It has rained on two days of
the week, the rainfall reaching thirty-two hundredths of an
inch. Snow fell here to the depth of about two inches, but
melted quickly. Snow fell this week in the middle and upper
portions of the State. Corn planting is making good progress.
Average thermometer 47 '9, highest 66 and lowest 82.
Wilson, North Carolina. We have had rain on one day of
the week, the rainfall reaching eighty-seven hundredths of an
inch. Snow fell here on Tuesday night to the depth of ten
inches. The thermometer has averaged 41, the highest being
68, and the lowest 28.
The foUowin^f statement we have also received by telegraph,
bowing the height of the rivers at the points named at 3 o'clock
We
—
—
—We
—
—
— We
—
—
Match
19, 1885,
and March
BOMBAY RECEIPTS AND SHIPMENTS FOR POUR TEARS.
Shipments this
Ke-w Orleans
Memphis
Nashville
Bbreveport...
Tloksburg
Below Ugh- water mark
Above low-water mark.
Above low-water mark.
Above low-water mark.
Above low-water mark
New Orleans reported
9,
1874,
when
Continent.
Receipts.
1.
This
Week.
Total.
1885 5,000 14,000119,000 47,000 139,000
1384,24,000 10.000:34,000 158,000 132,000
1S831 1,000 24,000 2d,000: 130,000 251,000
1882 35,0001 5,000 40,000l28?.000 146,000
186,000
340,000
3S1,000
434,000
Shipments for the week.
Continent.
Qreat
Britain.
Calcutta1885
1884
4
25
13
18
31
9
O
31
5
41
22
48
6
Inch.
3
11
11
1
1
300,000
493,000
612,000
590,000
.38,000
53,000
76.000
76,000
Shiptnent^sincejanuari/l.
|
Total.
Qreat
Britain.
Continent.
Total.
2,500
15,000
24.200
45,000
i',606
i",6o6
3,600
8,500
3,000
2,000
3,000
2,000
14,5C0
12,000
2,000
16,500
12,000
5,500
18,000
42,300
9,200
21,000
51.500
6'>,o00
2,500
6,000
9; 600
31,400
69,000
7,200
24,000
Madras—
1885
1884
others—
1885
1884
3,600
8,500
All
Total all—
1885
1884
5,500
9,100
9',6b6
851,500
The .above totals for the week show that the movement from
the porta other than Bombay is 12,500 bales less than same
week last year. For the whole of India, therefore, the total
shipments since January
1885, and for the corresponding
years, are as follows:
1,
two previous
periods of the
EXPORTS TO EUROPE PROU ALL INDIA.
1883.
1884.
1885.
Shipments
to all
Eurcrpe
from —
Bonibay
.VH other ports.
Total
This
week.
Jan.
19,0C0
0,500
24,500
Since
week.
Jan.
23,000j
18,000
310,000
89.500
381,000
67,000
52,000i
429,500
26,500;_ 443,000
sceek.
Jan.
186,000
51.500
31.000;
237.500
1.
ThU
Since
This
Since
1.
l,50aj
1.
This last statement affords a very interesting comparison of
he total movement for the three years at all India ports.
Alexandria Receipts and Shipments.—Through arrangements we have made with Messrs. Da vies, Benachi & Co., of
Liverpool and Alexandria, we now receive' a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and sliipments for the past week and for the
corresponding week of the previous two years.
Alexandria. Egypt,
March 18
To Liverpool
To Continent
Total Europe
•A cantar
is
98
10,000
2,190,000
45,000
3,213,000
15,000
2,588,000
Since
This
week. Sept. 1.
This
Since
week. Sept. 1.
This
Since
week. Sept. 1.
4,000 277,000
5,000 140,000
1,000 217,000
3,000 108,000
1,000 211,000
3,000 74,000
9,000 423,000
4,000 323,000
This week
Since Sept. 1
Exports (bales)—
188Z-8i.
1883-81.
1884-85.
Receipts (oantajs*)—
1
4,000 285,000
lbs.
This statement shows that the receipts for the week ending
18 were 45,000 cantars and the shipments to all Europe
March
9,000 bales.
Manchester Market.— Our report received from Manchester
give
to-night states that the market is quiet but steady.
the prices for to-day below, and leave previous weeks' price
for comparison.
We
SH
32l Oop.
XwUC
Feel.
Sitiee
Jan.l.
Accordmg to the loregoing, Bombay appears to show a
decrease compared with last year in the week's receipts of
15,000 bales, and a decrease in shipments of 15,000 bales, and
the shipments since January 1 shew a decrease of 154,000 bales,
The mbvemeni at Calcutta Madras and other India ports for
the last reported week and since the 1st of January, for two
" Other ports" cover Ceylon,
years, has been as follows,
Tuticorin, Kurrachee and Coconada.
1884.
1885.
below high-water mark of 1871 until
the zero of gauge was changed to highwater mark of April 15 and 16, 1874, which is B-lOths of a foot
above 1871, or 16 feet above low-water toark at that point.
Sept.
Great
Britain
Total.
nent
Brii'n.
Sklpmenti since Jan.
wfic/c-j
Year Qreat Oonti-
McA. 19, '85. McA. 20, '84.
Inch.
have
We
20. 1884.
Feet.
— We
Ports.
We
—
—
—
Movement from all
India Cotton
re-ai-ranged our India service so as to make our reports more
detailed and at the same time more accurate.
had found
it impossible to keep out of our figures, as cabled to us for the
ports other than Bombay, cargoes wliich proved only to be
shipments from one India port to another. The plan now
followed relieves us from the danger of this inaccuracy and
first give the Bombay statement
keeps the totals correct.
for the week and year, bringing the figures down to March 19.
—We
—
XL.
[Vol.
d.
d.
®
Oott'n
lbs.
Mill.
Shirtings.
s.
d.
R.
d
7isa7
" 23 85,8-81Bi„ 5 7iaa7
Jan 16 8»B
9
" '10 85i6-8iBie 5
Feb, 6 S5l«-81Bi„ 5
'•
13 86,„a8ii>i6 5
" 20 8I4 •88''8
5
" 27 SH a S^s 5
Moh. 6 814 a s's 5
" 13 8I4 a 8% 6
7
^6
7
-aeioifi
a6 10ia
5
5
"
20 83i«a
8%
6
6
5
ae
®6
a6
»6
ae
d.
d.
a
a
8% a
81a a
81s «
81s a
RI2 e
8>3 «
81a »
5'8
8»8
5..IS feifl
5
7
Uplls
1012
91-2
9I2
9>s
9
9
6
6
6
6 Is
61j6
51J.
8H
32< Oop.
IwUi.
SBiaa
Oott'n
lbs.
X9i« 8.
d.
8.
9
5 10 1*7
5 10 ®7
5 5isa7
5 7 ®7
9
5
9
9
5
9
9
^7
»7
7 ®7
6isa7
7 ®7
7 ®7
7
5 7
9
5
9
5
5
9%
Mid.
Shirlitigs.
d.
21a
21s
1
21s
21a
21s
21a
21s
21a
21a
Vpld$
d.
5iii6
5 '8
5iSi«
51B„
M\Rcn
21,
THE (CHRONICLE.
IWS.]
Weatfier Recokd
FiiK
Frbruary.
—Below weii^ivethe rain-
ami tln'ruioinoterr««"<>ril fortho niontli of Febriiarv. iitul |)n'mouths of tliiH ami liust year ami tlio two procoiliiiR ycjira.
ii>;mvs art< from tlie reiorils of tin- Sijfiial Service Bureau,
at iK)ii>ts wli(>rt> they have lui station, and at those
i^ they are from reconls kept by our own agenta.
fall
Knvfmbtr.
RaUtfatt.
vii)us
T!
I
SalnftiU.
VIKOIMA.
K
lU.ill.ln..
'
...r ruin.
11. i>
N
LIMA.
.i.<ll.ln..
Mt r.m.
/( ll(lfc—
ill.tn.,
<
>>f rulti.
'
In..
i;Ill.
rahi.
'-f
-
In..
'I'lill,
"t rain.
-
S.t'AltOLINA
lliiliirull.ln..
I'lv-
nvln.
..f
•Ml, in.,
ruin.
It.
In.
.Ill,
I
[
ruin
AUctn
Kalnfall.tn..
Day» of
rain.
RiihifilMn..
Diiys of r.itn.
OKOUOIA.
AityUi^t'i.—
Kninmil.ln..
Days of ruin.
Atlanl'i.—
KHilitiiU, In..
Days of rain.
S'I'VIMM'ih.—
Uninfiill.ln..
Days of rain.
Cn/ri7ii6u*.—
Kaliifall.in..
Days of rain.
Af'iroh.—
Kninrull. In .
Days of rain.
Bime-
Kuinfall.in
Days ot rain.
Forsyth.—
.
Italnfall.in..
I) IV- of rain.
A-ul. ,.<.,irllle—
in..
"t lain.
l^ii:illlll.
U-iy
KI.OKIDA.
Ja':k»i>nville.—
Kalnfull.in
.
Days of rain.
CeiUir Keu$.—
Rainf III,
In..
—of rain.
Diiyj*
Arih'
r
Uiliilnll.ln..
of rain.
Iiiivs
ilii'iMll.ln..
of ruin.
rnnl -
I>.i\ '
.Sijij
Kainfull,ln..
Days
ut rain.
ALABAMA.
3f'''if'j"iufrv.—
Kao, fall. 111,.
Davs ot rain.
Moliih. Kalnfall.in..
Days of rain.
K:nl l.lll.ln..
iMiy- of rain.
It .11.
fall. In..
I).iv~..f rain.
AhI..,,„1
..ir.
.ill.
In..
]i.i>- '.f rain.
I."l l>IA.VA.
A'. I'' '>r/..(Tl.s.—
Itiii.I.ili. in..
Day-
..f
rain.
Itaii.l.ill, in..
Day.. ..r rain.
Cr.iK I ''I'itav.—
Ilal.
Days
fall. in..
'.f
rain.
Ml^^^l-SIPPi.
Kaii.talMn..
Day^
.»f
rain.
Viiiki'bnrij.—
Kuliilall.ln..
Days of rain.
JJr[»>/./i.U'f
a—
Uulnfall, In..
DavH
'.r rain.
,7(.-•
Crc'ii.
l^lltllal).ln..,
l>aysot r«n.'
AllK.y.\SA8.
iiffi. y.-'.iit.—
Itainlail.ln..
Day.- .if rain.
lialnf.ill. In..
Dav.s of rain.
fl«),M-l -
Itall.fall.in..
Diiy^
..f
Xrwinirt—
rain.
1
Kuinfall.ln..
Days of rain.'
•
FlBurei prior to Sept., 18S4, aro for Oraeoe Springs.
t Inappreciablo.
369
1
'
:
1
THE CHRONICLE.
370
Highest
Lowest ...
Average
If84. 1883. 1882. 1884. 1883. 1882. la-'S.llSSl.llSSS 1885. 1834.[1883.
78-0
78-U
.
S40
260
5S-0
57-5
85-5
44-4
848
S(Hi/orrt—
Highest
Lowest..
Februaru.
January.
November.
1 liermometer.
..
37-4
65-3
06B
Avevace
77-0
26-0
52-0
70-0
26-0
52-0
84-5
41-0
6a-2
81-6
88-0
58-5
Highest
Lowest
Average
77-7
32-1
82-8
29-0
83-0
28-8
77-1
58-0( 54-0
51-2
72-6
26-9
53-6
6B'5
l«-2
54-0
78-7
80-5
33-4
80-5
82-0
29-S
58-3
78-8
20-3
53-9
74-0
28-5
56-4
73-5
72-0
70-0
22-0
50-1
62-0
Mobile.-
Highest
341
Lowest
55-5
Avei-age ....
Tuscaloosa^—
HiBhcst....
Lowest
Average
Sclma—
..
.
Highest
Lowest
Average
Atibuni—
Highest
Lowest
Average
LOUISIAXA.
New Orleans.—
Highest
Lowest
Average
!
Highest
79-1' 80-0
25-U
49-8
15-5
45-4
2a-0
55-3
73-0
28-0
52-7
767
75-6
28-9
57-3
78-0
36-0
72-0
22-0
48-1
71-0
76-0
20-0
52-2
84-0
32-0
51-2
74-0
22-0
41-0
7z-0
75-0
21-0
62-0
79-0
29-0
54-0
73-0
19-0
45-6
76-0
12-0
74-.1
16-5
33-9
76-0
31-0
56-6
77-1
32-7
80-7
80-0
89-5
82-9
7S-0
19-0
53-7
77-0
24-0
48-1
69-9
19-9
48-2
670
69-0
12-0| lB-0
42-5 48-5
67-0
24-Oi
48-3
13
43-5
81-0
24-0
65-4
260
13-0
52-4
61-7
70-0
81-0
28-0
75-0
28-0
82-0
320
700 64-0 88-0
160 280 180j 180
82-0
7-0
52-0
58-0|
530
48-0
45-0
380
75-0
80-0
64-0
78-0
24-0
81-0
740 700
87-0| 68-0
87-2
230
540
50-0
14
48-0
20-0
60-0
41-0
73-8
81-0
75-5
48-0
780
83-5
82-0
3«-8
02-8
78-5
28-8
5tf-7|
58-
80-3
76-2
83-0
86-0
74-4
290 19
64-9
«
4B'
8'
42-0
140
14-0
43-4
4-0
37-8
3-0
38-4
74-9, 72-0
29-5! 27-7' 22-5
54-0: 52-lj 4?-l
150
4i-0
42
770
75-3
38-5i
300
56-8
53-1
72-9!
75-0
700 770
22-0
47-8
13-0
41-6
10-6
38-9
12-0
43-2
14-6
45-0
88-0
2J-0
78-0
73-2
24-9
52-4
78-31 80-0
77-3
17-2
48-7! 44-5
7S-5
20-5
40-8: 47-7
79-5
23-0
58-6
70-0
76-0
76-0; 71-0
710
25-0i
48-0. 45-0
220i 26-0
24-0
47-0
-5-1
76-8
25 2'
iK>'4
5'
573 530
73-0
21-4
51-1
75-9
19-7
47-6
73-0
10-3
03-9
15-0
41-6
698
720
829
57-3
27-6
48-3
81-2
32-6
68-2
73-6
29-0
32-3
3S-8' 38-5
75-9
Highest
Lowest
Average
770
80
38-
290
53-6
27-9
620
33-0
55-5
MISSISSIPPL
—
81-0
26-0
53-0
Higlieat
Lowest
Average
yickaburg.Higliest
82-4
28-3
E8--
84-5
73-8
770
70-4
76-0
32-2
04-7
313
It-l
18-8
10
50-0
50-9
29-8
54-3
80-0
34-0
58-0
83-0
a9-o
62-0
80-0
28-0
88-0
763
Lowest
Average
Srookhaxvn—
Highest
Lowest
Arerai-e
220
350 490
75-0
3h-0
....
WO
420
GreenvUie—
Highest
78-0
Lowest
Average
43-0
48'
48-0
78-0
30-0
83-1
28 2
610
79
32-0
560 530
80-0
26-0
57-0
80
71-0
26-0
Lowest
Average
Mount Ida.—
74-0
24-0
600 520
760 760
.
.
Lowest
Average
18-0
40-0
Belena —
Highest
20-0
54-5
67-0
10-0
36-0
26-0
44-0
85-0
15-0
40-0
62-0
23-0
49-0
3-0
2-0
78-0
17-0
4S-S
70-01 78-0
60-0
60-0 72-0
2-0 -2-0
34-0 32-6
2B-0
50-0
...
—
15-0
180 140
3S-6
43-7
39-0
700 70
10-0 250
720
i>»;wt:St
Averiige.
Ifewvort
40-0
30-0
66-01
1-0
36
88-0
12-0
88-0
390
37-0
7-0
68-(
6C
360
70-0
9-0
40-5
880
2-0
48-0
Highest
72-0
4-0
Lowest
Average
Fort Smith—
Highest
Lowest
Average
726
49 7
3li-8
70-0
17-0
48-0
78-0
10-0
43-2
70-0
8-0
40-7
74-0
19-0
43-0
80-0
20-0
250
77-8
22-5
70-0
18-0
44-0
12 2
73-1
27-3
48-1
752
80-8
27-5
49-8
87-0
18-5
50-8
71-2
23-7
61-2
77-3
20-0
81-0
29-0
8-1
22 6
11-0
541
51
41-8
46-8
42
72-0
24-0
47-0
78-0
20-0
48-0
78-0
28-0
49-0
62-0
3-0
40-0
60-0
18-0
43-0
580
70-0
2«-0
1&'4
730 760
68-0
680
18-0
49-4
25-0
47-8
39-7
40-8
75-0
44-5
01-9
81-0
81-0
72-5
29-3
83-0
84-
3'
Highest
76-0
82-2
87-8
78-6
Lowest
Average
44-1
420
3'
23-
337
62-7
86-3
84-3
54-0
59-5
77-8
32-1
82'
860
34-5
58-7
20-3
76-2
15-2
45-1
76-0
28-5
53-8
Highest
Lowest
Average
Highest
Lowest
Average
Ashwood.—
Higliest
Lowest
Average
AiLstm.—
Highest
—
TEXAS.
Lowest
Average
40-4
70-4
20-D
43-8
3C-6
6-0
38-8
88-1
72-0
r,7-o
o-t
63
66-4
—2-2 -10-2
S3-1
30-1
83-6 70-4
11-3 -0-8
38-4 83-4
71-9
9-8l
46-0
77-4
21-8
44-6
64-9 71-0
2-7 -2-0
36-6 33-0
88-0
10-0
39-5
88-0
9-9
39-0
47-9
66-0
2-0
33-6
66-0
8-0
29-5
84-0
11-0
880
70-01 77-0
38-0
8-0
33-3
62-0
84-0
34-9
282
75-0
720
110
60-2
84-J
57-8
72-8
23-4
50-8
78-1
76-6
30 190
0-0
39-0
3
72-7!
18-31
l-o;
79-0
21-0
41-1
25-0
45-0
38-6: 36-5
46-3
64-0
8-0
37-2
600
71-0
3-0
33-0
4-0
47-1
70-5
22-0
48-7
89-0
61-0
70-0
28-0
52-0
28-6
80-4
74-0
30-0
55-3
73-9
31-5! 21-3
57-2 17-3
73-7
18-0
74-5
72-8
79-0
28-0
80-3
77-1
21-5
73-0
73-4
23-0,
11-1
41-9
77-3
17-8
45-6; 52-9
77-5
13-5
48-4
80-0
22-0
68-3
880
00,-12-0
78-0
21-0
44-0
Highest
Lowest
Average
430 390
200
750
Xndtaiwla.—
18-01 23-3
49-6
51-7
78-5
6-5
40-9
75-6
76-6
14-8
77-5
12-0
44-0
81-5
^al'Stine.—
Highest
Lowest
Average
jy««; vim.—
545
Highest
—
580
50-2
7-0
43-2
MO
r.ain
damaged cotton
now coming dowu from thoOoiura-
is
will probably be soon worked oflf, and later
it is expected, show a distinct iuiprovem^ut both as
regards appearance and staple. Some small samples of new Broach
have been received which promise well for the bulk, b,^ing bright and
clean, hut as the cot'on is scarcely ripe yet, the staple is somewhat
wasty. Uhollerah continues to be well spoken of and the prospects are
practically the same as at date of our last report. The Government has
just issued a memorandum in which the prospects of the cotton crop iu
the Bombay Presidency are said to be unsiitiafaetory. the outturn being
set down at an average of about 10 annas, but the area embraced by the
report excludes the Oouirawuttee and Uhollerah districts anddeals only
with those of luiior importauce." •
ariivals will,
Highest
880 910
35-5
81-8
28-0
80-5
78-0
81-0
Dg-1
83-0
2i-0
54-2
72-3
19-3
44'8
77-o|
81-0 87-8; 72-0
6-2
14-0 -2-0'
4-i' 28-2 38-8
75-0
68-6
1-0
-6-0
14-0
47-2
....
....1
..,.'
16-0
52-6
....
20-0
48-5
34-8
75-01 62-0
71-6! 74-2 700
0-7 -12-0 -2-3;
1-5 1 0-0
27-21 30-7: 28-0 32-21 85-2! 31-7
Cleburiie-
Highest
Lowest
80-0; R4-0
24-01 28
.
78-0
8-0
78-0
881
48-0
240
89-0
4-0
84-2
720
72-0
1-0
85-1
S-0
89-1
71-0
3-0
34-6
78-0
18-9
47-1
ClarksviUe- -
Hlghe't
76-0
Lowest.
280
160
Average..
61-4
41-8
88-0
6-0
88-8
77-0
36-0
68-0
74-0
23-6
67-3
73-5
22-5
61-5
72-0
75-0
10-0
47-2
Austin—
Highest
Lowest
.
77-0
24-0
..
.
48 9
Figures prior to Septe mber, 1884, are for Greene Springs.
The following remarks accompany the month's -weather
reports for February, 1885
C—
:
Churlcfton, S.
Cold, frecz.lng -weather on the Htli, which did con
Biderahle <lania.ge to truck farms in tiiis vicinity.
Columhia, S. V.— On the 14ih sunshine, rain, sleet aad snow iu one
hour— 3 to 4 P. M.
Staleburg. S.
Month lias been unusually cold, the average being
a little over 14 degrees less than the average of the same month last
year, and oonsenuently preparations for planting are much behind what
they were then, and I may say what they have been ordinarily.
Macon, Ga.— The weather has been unusually cold and our farmers
are very backward in their preparations for planting.
O—
:
" Comp'cte cotton repoits not received. Kaladgi, crop has withered
estimated out-turn 1 to 3 annas. Dharwar, crop middling, exotic cotton
in places blighted, out-luru 8 annas. Belgaum. crop middling, out-turn
7 annas. Ahmeduagar, crop has in most places withered, out-turn 2 to
Sholapur, crop outiroly failed. Nasik, crop much injured by
f> annas.
Satara, out-turn 14
lie. ivy rain in Uecember, out-turn 4 to 10 annas.
annivs. In Snrat December rain has slightly iojured the crop, out-turn
12 annas. Broach, crop in places damaged by blight and cloudy
weather, out-turn 9 annas. Ahmedabad. crop middling, out-turn 9
annas. In Scinde condition in places good, in others bad andfiiir.
Kathiawar, crop toleiably good. Kolhapur, crop middling. The prospects of the second ci-op in the Bombay Presidency are unsatisfactory.
In K.aladgl the crop has almost failed, and the yield of the other important cotton-growing districis is estimated at about 2 annas."
Bythell
&
Co.'s report,
,
dated Bombay,
has the following
"
-We have again passed through a week of almost omplete stagna-
Feb.
13,
:
Prices ruling here are too high to allow of much business, but
they are, nevertheless, very well supported, and have hardly declined
during the week. Larger eupplies would probably bring out more willing sellers; but as yet receipts, though slightly increasing, are very
small, and nearly 100,000 l)ales behind tlie receipts of the first six
weeks of last year. Much of this reduction is owing to the smallness of
the supplies of Compta and other old cotton but new cotton has been
coming forward very slowly also, and is very much behind the receipts
ol tile same period last year. Some reduce their estimates of the outturn
of the Oomra crop, and not without some show ol reason, seeing that the
continued smallness of present arrivals cannot well, tt any appreciable
extent, be stili due to the delay caused by the untimely rains iu December. From the DhoUerah flistrlots we continue to receive satisfactory accounts, thouL'h the weather has been rather too cold, which
may tend to further del.iy the maturity of the crop. Samples we received
this week from Bhowuuggur arc of very good quality. The weather iu
the Broach districts has also been cold, but as yet we hear of no complaints. The Broach crop is generally believed not to be larger thin last
year, and may be smaller. A few bales of new cotton have arrived here.
The estimates of small crops of Westerns, Dharwar and Compta remain
unaltered. Arrivals ol Bengals liave decreased this week, and quality
Stocks of low Bengals
is much the same as what it has beeu hitherto.
are increasing, there being no buyers for them."
tion.
;
79-5
34-5
6--9
Jbrt Elliot—
*
East India Crop.— From Messrs. Wallace & Co.'s Cotton
Report dated Boinbay, February 13, we take the following
Messrs. Gadduiii,
Qalveston.—
Averaee..
and buds begnu growing, but this was chpcked in tlie subsequent partof
the month. Farmers have been able to prepare lands and sow grain
almost all the month, and the Impri ssi .-n prevails that fall crops will be
planted. Owing to the light rainfall and but little snow, freezes have
not been severe. Tne people are in good spirits as to the condition of
the country, and the financial distress is not unusual.
referred to in the above extract
MemphU.—
Average...
perature. Wheat iirospect uery gloomy, at least two-thirds of the crop
frozen out. Quite a largo stock of old wheat in hands of farmers waiting the development of new crop.
/lidmiio/a, Tea:.— Bad month for cattle. Much drizzling r.iin and cold
weather. Loss of cattle about 15 per cent in three counties (Victoria,
De Witt and Calhoun).
Cleburne, Tex.— The first week of February was siiring-like, and- grass
The following is from the crop report issued by the Revenue
and Agricultural Department of India, dated January 31, and
500
74-1
0-1
35-7
Naslnrllle.—
Lowest
Average
Helena, Ark.— Tho month has been extraordinary for the cold spell
which lasttd from the 9th to 24th. and also for the low stage of the river
on the last day, although it has beeu as low two or three times since
1S72. Although the rainfall has been light, the ground has been frozen
up to so late that not much, if any, jirogress has been made iu farming.
Ice interfered with uavigation from 14th to 28th.
Nashville, Tenn.—This February has been the coldest in .',3 years. J.
M. Hamilton, an old citizen of Nashville, reports a temperature of 15
below zero on Feb. 22, 1832; he farther state.5 that the temperature on
that da.v did not go above 2 below, and the day was entirely clear. ^In
this montli much snow fell, the Cumberland was frozen to a depth of
many Inches, and heavily-loaded teams crossed over without danger.
-Average temperature for February, 1885, 102 degrees lower thau the
February normal, and only 3-10 higher than January, 18S5, average.
Austin, Tenn.—ThiB has been the coldest February for the past 15
.years (whieh is as far back as iuy record for February extends) at this
station. Month remarkable for the frequent and rai>id change of tem-
:
TBNNESSEE.
Lowest
Average
inch.
wuttee markets, but this
Rock.Highest
Little
.
lour years.
Selma, Ala— On the 12th, the heaviest fall of snow we have had for
years about 4 inches— it reuiaiued on groand only during that day and
night. Tlie most severe spell of weather this month we'have ever had
here, so say the oldest iuhaljitants.
Ai!6!i)-», Ato — Snow on the 12th three inches. The month has been
so cold that but little farm work has been done. Fall oats are all killed,
and oats l)eiug replanted this month. No corn planted .yet.
Grand C'o<< a i(, //«.— Favorable weather at the end of the month has
helped much to early plantiu.g.
Brookhaven, Miss.— Ou the night of the 10th snow foil to the depth of
3 inches, and remained upon the ground in places for two days. On
the 21st we had a shower of sleet, followed by snow to the depth of 1
"More
ARKANSAS.
Highest.
Forsyth, Git.— Considerable snow on the 12th. The temperature has
been unusually low, and on the lllh fell lower than it has beea iu February for twelve years. Said by close observer;! to be the coldest February since 1818.
Tuscaloosa. Ala.— Usht snow on the 10th and 14tli
heavy on the
12th, measuring three inches iu water. Suow falls here ai)ou5 ouee In
—
70-5
800
30-8, Sl-0
S3-0j 57-9
Lowest
Average
Grand Cotfavr-
72-8
la-2
44-9, 46-2
71-0
27-0
53-2
42-ai 38-8
Shreveport.—
160
ryoL. XL,
;
ALABAMA
MiMitgnmery.—
Columbus.
.
The following
is
from the
Bombay Prices
Current, dated
Feb. 6
"People talk of the crop turning out better than present appearances
Indicate, and some even profess a belief that shipments for the six
mouths will ultimately exceed last year's total, but there is not the leaat
inclination to back this opinion by selling, and we question whether we
have ever had a season of late years when Bombay forward risks were
confined within so small a compass. Greater activity, of course, must
come when a larger weight of cotton jiresses on the market during
March. April and May, but whether business then will be based on a
lower or a higher range of values is a point lliat will be settled more by
the ultimate outturn of the American crop than by any movement
oi
initiated in this market, which seems to have settled down to a state
permanent stagnation."
:
.
Marcu
THE CHKONICLF.
31, 1885.]
New Yokk Cotton Exchanoe.— .\t a nxeeting
371
of the memliers lust TImraJay respecting tho proposed abolition of tlio
conimiMsion liiw (whicli provides that any membi-r shall \>e
cxpolled wlio violates it), Mr. Henry llentz. requested tliut tho
opinion of Mr. F. M. Soott, Iho solicitor of tho i'^xchanjje, as to
tho legiility of expulsion, should be reml. It expressed Mr.
Scott's iwliof in tho right of the K.tchange to expel a member
for l)reaking tho by-laws.
Mr. Hentz then repeated the view
he has invari'ibly announced on former occasions, that the repeal of tho coniiuission law would break faith with thoso who
nad paid high prices for seats, in order to avoid tho high
rates wliich outsiders would hivo to pay. lie imved that tho
opinion of lawyers should be printed and distributed among
the members, and that the ([uestion sliould be referred tiack to
ThJa otatement ii\in\vu that the wcwpta rinMT Sapt. 1 OB tA
tonight are now ;),e9.» bales more than thejr weratothtt
day of the month in ISSl and OfSl,748 bales less than ther w«r*
to the same day of the month in 1883.
We add to the tabic
the peroentages of total port receipts which bad been reoeiTed
to Maroli 30 in each of tho years named.
the l)oard for a 8ul)se<{uont meeting.
New York—To
Tho Vice-President, Mr. Chas. D. Miller, explained that the
decision of tho Board of Management to propose the canceling of the by-law had been arrived at not because its legality
had been called in (piestion, but because it wa.s believed that
it was generally violated, and frequently by those who advocated its retention.
Mr. (Jeo. Stabor said that lawyers differed on all questions;
he contirmed the belief that the commission law was constantly broken, and spoke in favor of its abolishment.
Mr. (reorge Moore was for immediate action. There was
already too much law, for two suits were pending and another
was in prospect. Lawyers could not be expected to bo men
of business.
Mr. llentz's motion was then put to the vote and lost.
Finally the President, Mr. S. Gruner, decided that tho question should take its usual course and be voted on next Tuesday.
Jute Butts, B.^gqino, &c.—The market has been moderately active for the past week, and bagging is moving quite freely in a small way, for the present wants of the trade. There is
very little doing in large lines, buyers not caring to lay in any
stocks at the moment. Sellers are steady in their views as to
price, and but little shading is reported, though prompt buyers of a quantity could obtain a concession. The quotations
at the close are 9c. for IJ^ lbs., 9}4c. for 1% lb.s.. lO'^c. for 3
lbs. and lie. for 3j^' lbs. There is a moderate call for butts, and
small parcels are being placed. There have been sales of paper
grades at 1?8@1?4C. ancl bagging qualities at 3@3«gC., about
2,000 bales being reported.
The demand is fair, and the market Ls about steady.
Comparative Port Receipts and Daily Crop Movejient.
A comparison of the port movement by weeks is not accurate,
a.s the weeks in different years do not end on the same day of
—
We
the month.
have consequently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement for the years named. The movement since
September 1, 1884, and in previous years, has been as follows:
Tear Beginning September
Xonthly
Hiceipt*.
1881-S5.
18S3-31.
1832-33.
Sept'mb'r
315.445 313.812 326,65 e
October. 1.090,38311,046,092 930,534
ovomb'r 1,123,164 1.030.330 1,094,697
Deoemb'r 1,101,211 1,059,653 1,112,536
Jannarj
175,757
261,449
.
February.
487.729
385,939
752,827
595,598
1381-82
1880-31.
1879-SO.
333,613
838,492
942,272
956,4 61
647,140
447,913
Total year 1.3:)9,411 4,353,604 4,862,898 4,033,541 4,598,529 4,215,929
Pero'tage of tot. port
recelpta Feb. 29..
80-78
89'7J
73-28
84-28
85 45
This statement shows that up to Feb. 38 the receipts at the
ports this year were 45,807 bales more than in 1883-81 and
463,487 bales less than at the same time in 1883-83. By adding
to the above totals to February 33 the daily receipts since
that time, we shall be able to reach an exact comparison of
the movement for the different years;
1884-85.
1883-84.
1882-33.
1881-32.
1880-81
1879-80.
Tot.Fb.29 4,399,411 4,353,604 4,862,893 4,033,541 4,593,528 4,215,929
Mch.l....
8.
11,840
14,538
6,519
20,473
16,279
" 2....
10,707
8.
24,228
7,625
12,465
12,171
" 8....
10,33d
11,144
19,336
10,803
12.432
16,505
" 4....
6,318
11,606
8.
6.913
22,115
10,056
" 5....
7,148
8,443
26,859
8.
13.404
21,006
" 6....
12,980
7,494
22,876
13,485
8.
9.829
" 7....
5,929
18,193
16,430
8,582
28,948
8.
'•
8....
8.
8,128
13,081
11,056
24,435
16,415
" 9....
11,436
8.
25,695
6,673
19,576
6,724
"10....
5,139
8,342
13,932
12,039
19,011
6,711
" 11....
5,009
8,610
8.
5,909
88,150
10,914
" 12...
4,891
7.207
19,421
8.
17,256
13,745
" 13....
10,177
19,724
16,729
10,207
8.
7,707
" 14....
6,207
11,589
21,551
10,900
25,282
8.
" 15....
8.
4,568
12,952
10,239
19.164
13,435
" 16....
8.898
8.
23,596
7,077
13,192
7,411
" 17....
5,173
7,958
12,548
13,072
14,900
6,060
" 18....
2.487
8,358
8.
9,411
18,406
4,150
" 19....
3,338
4.946
15.938
8.
15,917
10,249
7,782
6.917
17,977
13,242
8.
11,141
Total
Shippino News.—The exports of cotton from the United
States the past week, as per lateH mail returns, have reached
So far as tho Southern ports are conoernad, theee
07,733 bales.
are the same exports reported by telegraph, and published ia
the Chkoniclb last Friday.
With
to New York we
include the manifests of all vessels cleared up to Thnndar
night of this week.
reg^
^^
To Broiucn, per atoaiuers Doiiau, 300
Fulda, 300....
To IlariilmfK, pur steamers Siievia, 500
WIeland, bOO
To Antivcrp. per steumur Pisnnlaiul, 460
To Oopciib»Ki'n, porstortiuer llekia, 100
New Oki.kans— To Liverpool, per steamer Ked Klver, 0,164
J,522.366
7ercentaK e of
port recfp t«
J, 518,671
5,181,114 4,197,342 4,931,3-29 4,403,391
total
Mob 20
93-16
.'
.'
Boston— I'o
Liverpool, per steamers
vouia, fcOo
Vii-Klniau, 1,830
8992
8400
3;<0
Missiiurl,
307
60O
1,000
100
"
Oranmoie. 207
Sussex, 700
To Bremen., per steamer Nurnberg.
12,892
2,535
4S0
•
1.. '"....
11909
6 801
'
8750
47
750
4H
2 423
'
4.392
2!409
300
1
'275
1,700
3 273
'
2 103
'330
2,260.... Pa^
PiiiLADEu-iUA-To Liverpool, per steamer Indiana. 181
4,695
'....'.
Total.
181
67,732
The particulars of these shipments, arranged in our usual
form, are as follows:
Antwerp,
Bremen
Liverpool.
New
Tort. 12,892
N. Orleans. 11, yo^
Mobile
2. 123
ObarlestOQ.
4,392
Savannab..
2 409
Wilmington 1,700
Norfolk....
3,273
Baltimore..
2,103
Boston
4,6:13
PaUadelp'a
181
(£•
Havre,
C'upen-
Ham- hagen Barce-
bttrj/, d-
Tera
Hanf/o.lona. Genoa. Orus.
397
1,601)
56t)
6.801
6,750
47
730
411
275
1,30J
330
Total.
17.984
26.687
2,423
4.39a
3,984
1.700
3.273
-2,433
4,695
191
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:
Gai,ve3ton— For Liverpool— JIarob 19—Ship William, 3,340.
For Kevel— March I8-Bark Brilliant. 1.359.
NbwOrleans- For Liverpool— MarcU Is- ShlpCity of Liverpool, 4,829
For Havre— Mareli 14— Sbip Caledonia, 4.018,
For Bremen— MarcU 16— Steacuer Viola. 3,995.
For Antwerp— March 16— Steamer Clintouia. 774.
For Genoa— .March 19 — Bark Navigatore. 1,731.
Mobile— For Livcrpi)ol—Marih 14— Bark Mary Jane, 2.231.
SAVANSTiii- For Barcelona- March 19 -Bark Beppino, 1,050.
Boston— For Liverpool— March 14— Steamer Istriau, 762
March
17— Steamer Iowa, 2,293.
PHlLAj>BLPHii— For Liverpool— March 18—Steamer British King, 2,201.
Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, &c.
ALA.MO. steamer, Bolper, from Galveston for New York, before reported
ashore on Tortugas Reef, was hauled olfou March 13 and arrived
at Key West same day. aiiparcntly uninjured and bexan coaling.
The master reported tho machinery in perfect working order.
The salved portion of the 630 iiales of cotton which were thrown
overboard from the vessel, and taken to Key West, will probably
be put on board and the steamer will proceed to her destination.
Neophyte, bark (Br.). Porter, from Mobile for Liverpool, before reported ashore at Point Ayro, Isle of -Man, was pot olTou March 17
and
tuwe.;! iuLo
88-03
Ramsay Bay.
Cotton freights the past week have been as follows:
Tut*.
Wtdne*
H'
H'
!«•
....
....
....
..••
"sa*
»»
....
....
Satur.
Uverpool, steam
Do
d.
8all...(f.
Havre, steam.... e.
Do
sail
Bremen,
Do
c.
%
ifoR.
steam. .c.'ssatSjj' 9931333*
sail
e.|
....
....
'm....
%» 1832*
....
Tkuri.
Fn.
H'
»3a'
....
»e»iss2'
....
H«mburg,8team.o. »3ja5u«|932a5,g»932a5i,,« ».8»»I»* »S9«»1«* »SJ»»U*
Do
Ball....c.
Amst'd'm, eteam.c.
Do
sail...o.
Beval, steam
Do
sail
d.
e
Barcelona,steam.e.
e.
Trieste, steam... e.
Antwerp, 8team..e.
86-12
,
"'
per sUlp Kyerson, 3,975. ...per bark Euro, 1,869....
To Havre, per steamer Paris, 6,801
To Bremen, per steamer Longhiist, 2,702
per ihiD
Sophie, 4.018
.
"'.'.
ToAntweip, per steamer Paris, 47
.'.'.'.'.'.
To Barcelona, per barkTres Anrorai, 750
To Vera Ci-uz, per stcanif-r Estabande Antnnano, 4li.'.'.
MOBILB— To Liverpool, per bark Htonnv Petrol, 2,4-.i3
Chablkston— To Liverpool, per barka James Kenway, I.475"
J. \V. Ilolincs, 2,817
....!.. ......
8avann.\h— To Liverpool, per barkEleanor, 2,409
To IIan,<o, per bark Kr.<ttatlni;en, 1,X00
'.
To Genoa, per bark Giovanniul. 275
Wilmington— I'o Liverpool, per l)ark Harriet Campbell, 1,700
NoBPOLK— To Liverpool, per bark Columbus, 3,273
Baltimore— To Liverpool, per steamers Nessmore, 1,196.'."
Qenoa, steam
....
Liverpool, per Rteamnro Arrliline<Icii, 033
l,(i-Jtl
City of Berlin. 2.355
Foderioo. ',<.40i)
Ijike Manitoba, 1.007 ...Orf^oii, l,273....Rubenii, 2,33'9'
To Hull, per steamer Martelki, 2,533
"..
To Havre, per steamer Labraiior, 3H7
Celllo.
Total .. 45,976 7.198 8.690 1.907
750
2/5
411 67,732
Included iu tbe above total from New York are 2,535 bales to Hull.
1.
429,777 455,478
853,193 963,31S
974,043 1.006,501
996,807 1,020,802
487,727 571,701
291,992 572,72?
mum
*
Compressed.
..••
451
...
.--.
45t
....
Tjaav 73S»V
....
45t
....
....
TsaWVl-
'«.»V
.•*.
....
....
•sa*
Tie*
»sa*
•m*
lu-
V
'is*
....
4St
4*
l8S»„« >«a»M* »8»».4'
t Per 100 lbs.
•••
451
ji'»''4*
•a*
»M*
»l«*
>S*
»«»»»4*
451
ht.'
V
«§•
—
.
.
,
THE CHRONICLE.
372
—
Liverpool. By cable from Liverpool, we have the following
statement of the week's sales, stocks, &c., at that port. We
add previous weeks for comparison.
Feb. 27.
week
hales.
Of which exporters took
Of which speculators took..
Bales American
Bales of the
Forwarded
Total stock— Estimated
Of wlilch Amerieuu— Estlm'd
Total import of the
week
Of which American
afloat
Of which American
39,000
3.000
3,001
6,000
2.000
StJ.OOC
26,000
6,000
19,000
974,00n
752.000
88,00C
62,000
232,000
187,000
6,00t
19,000
945,000
727,000
95.00C
71,00f
232,001
202,00«
13.
March 20,
3.>,000
43,000
4,000
2,000
21,000
5,000
22.000
990,000
767,000
72,000
,1,000
Uarch 6. March
56,00(
Actual export
Amount
,11,000
200,000
163,000
2,000
30,000
7,000
18.000
984,000
768,000
55,000
44,000
lafi.ooo
152,000
The tone of the Liverpool market for spots and futures each
day of the week ending March 20, and the daily closing prices
of spot cotton, have been as follows:
Saturday Monday.
Spot.
Tiieiday.
Wednes. Thursd'y.
JVkJos
Dull
Market,
12:30 P.M.
Firmer.
Harden'g.
and
Quiet.
Harden'g,
6
6
She
6'l8
6'l«
6'iB
10,000
2,000
6,000
1,000
6,000
8,oao
1,000
7,000
1,000
Dull at
1-64 lower
Quiet at
2-64 advance.
Quiet.
Quiet
but
Steady.
stead).
Strong at Steady at
4-64 ud1-84 adTance.
vance.
Market,
5 p, M.
6
6,000
1,000
pec&exp.
j
6
6li8
Bales
I
6
Steady.
Quiet.
Barely
Morp
steady.
offering.
500
Barely
steady.
The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
otherwise stated.
The pnaes are given in pence and Giths, thus: 5 62 means
5 62-64d., and 6 03 means 6 3-64rf!.
ty
Sat. Mch. 14.
Mod., Mch. 16.
XL.
OL.
[
there was
some further improvement, with about 50,000 bush,
taken for export to Great Britain; but the speculation was
sluggish and the best prices of the day were not sustained.
DAXLT CLOSINO rWCES OP NO, 2 RED WINTER WHEAT,
Snt.
En elevator
Marcli (loiirery
April delivery
May delivery
J me delivery
July delivory
...
Moti.
"d^
90
STSs
87^
HS^
00%
gi^g
9153
Wed.
Tiies.
89ii2
Thurs.
Fri.
90
88 13
89
9OI3
885,
88^8
SUM
S8I4
87%
88%
SO's
91
9114
8;t58
9!%
901a
90^8
90%
91'a
91%
92
93
9178
92 'a
87'a
88
89 's
Indian corn also declin* d smartly during the first half of the
week. Export orders were to a large extent withdrawn, and
late speculative buyers became free sellers.
The depression
was most marked in parcels on the spot and for Mirch dewas a renewaljof export buying, spjculatlon
revived and there was a general advance in prices, the summer months improving most. To-day a furtiier improvement
took place, and about 60,000 bush, were purchased for export,
but the speculation was quieter.
livery, but there
Firm.
irregular.
6
Mia. Upl'ds
Mid. Orl'ns,
Futures
Market,
tet,
12:30 P.M.
.
,
Tnes., Mch. 17.
DAILY CLOSING PHICE8 OF NO. 2 MIXED COEN.
Sat.
Mon.
Tiies.
Wed. Thurs.
In elevator
50
oOH
49%
4'J%
49%
March delivery
50
50%
49%
4914
4;)%
5OJ4
April delivery
5038
49 »a
49%
50
May delivery
50%
50
4'»3i,
49%
50 "4
June deliverv
50
49^8
,. 5014
49%
50^4
51%
July delivery
51
50%
51
Fri
50
49%
50%
50%
50%
51%
5II4
Rye, at some decline, has been more active for export, a
large line of Canada in bond having been taken yesterday at
631^0.
Barley has continued dull and nearly nominal.
Oats were depressed early in the week, No. 2 selling down
to 36}^c. for March, 36>gc. for April, SOi^c. for May and
A renewal of export orders caused a quick
363^0. for June.
re-action. To-day the market is quiet at steady prices.
Th©
market closed slightly irregular at 37J^c, for March, STJ^c.
for .\pril, 37c. for May and 36^-^c. for June.
The following are closing quotations
:
Open High Low.
d.
d,
563 563
March
March-Apr, 563 5fl3
602 6 02
April-May
May- June.. 6 07 607
Jnne-Jaly,. 611 611
6 14 6 14
Jnly-Aug.
Ang.-3ept... 617 617
..
.
8ept.-0ct..,
6U
6 11
d,
Cloi
d.
563
563 563
602 6 02
607 607
5 63
611
6 11
6 14
614
617 6 17
611 611
Open High Low.
d,
d.
600 6 00
600 600
604 6 04
6 08 608
612 612
615 615
6 18 618
612 612
(Jlo>.
Open High Low. dot
d.
d.
d.
600 6 00
600 600
603 8 03
6 07 607
611 611
615 615
618 618
612 612
5 63
d.
6 00
563 600
8 02
606
610
614
617
612
6 03
6 07
611
614
618
612
600
600
5 63
5 63
6 02
606
6 03
6 07
811
614
618
812
6 10
611
617
612
White
WednoR., Alcb. IS.
Open Hi«h Low.
d.
d.
Clot
Thurs., Mch. 19.
d.
t.
600 5 62 600
6 01
602 6 01 6 02
6 01
6 04
6 02
5 62
Aug.-Sept... 8 111
610
Bept.-Oct,
I
816
16
610 610 610
6 16
Mch
Corn— West, mixed
20.
Open High Low. dim. OptnHigh'Low. dot
March-Apr, 5 62 5 63 5 62 5 62
April-May.. 6 01 6 01 800 600
May-June .. 6 05 805 6 05 8 05
June-July.. 609 609 6 09 609
July- Aug... 612 613 8 12 613
March
Frl.,
d.
d.
d.
8 01
6 04
d.
6 02
604
804
608 6 09 008 609
612 612 6 12 6 12
616 616 816 616
6 19 6 10 619 610
612 6 13 612 613
d.
600 6 01
800 6 01
603 6 04
8 07 608
611 612
615 618
6)8 619
612 613
d.
d.
600
600
6 01
8 01
6 03
604
6 07
6 08
611
612
618
619
613
6 15
6 18
612
Oct,-No7«.
NoT.-Deo,..
Dec-Jan
Friday, P.
flour
market has been somewat
M„
.March 20, 1885,
irregular. Low grades
in lines suitable to the filling of export orders have been comparatively scarce and have ruled quite firm, bringing in some
meal-
Western, &o
300«
Brandvwtne, Ac
3
25» 3 30
2
409
Buckwheat
100
3 25
flour per
lbs
9100
State
3 91
a
Oats— Mixed
9 92
White
9 99
No. 2 mixed
No, 2 white
9 95
9 51% Barlev -No, 1 Canada,
» 51>4
No, 2 Canada
51 ® 5;s%
State, two-rowed
5.1
65
State, six-rowed
49%9 52
It
tc
70 9
73 9
36%a.
37 9
37>4*
37149
88
80
61
63
2
90
71
75
39
40
38%
39
9 92
®
9
9
83
63
72
The movement of breadstuffs to market is indicated in the
statements below, prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at Western
lake and river ports, arranged so aa to present the comparative movement for the week ending March 14 and since Aug. 1
for each of the last three years:
fiteceipte
at—
Milwaukee
Toledo
BREADSTUFFS.
The
West, mix. No. 2.
West, white
White Southern..
Yellow Southern.
Cmicago
...
2
82
89
89
80
81
49
50
nowr.
Wheal.
Biuh.milv:
126,830
440,204
12,239
216,242
lft!».198(h,i
Jan,-Feb
Oflrn
759 5 50
3 50/* 3 85
50a 2 80
superfine..
Fine
I
8prlng,per bush.
Spring No, 2.
Ked winter. No. 2
Red winter ..'. ..
Jan-Feb....
Bve Hour,
OB tin.
Kye— Western
Wheat—
Oct.-NoT„
NoT.-Dec...
l>eo.-Jan
S iuthem bakers' and
family brands
$4
Pine
bbl. $2 3 'a 2 90
2 75® 3 10
Spring wheat extras. 3 10® 3 40
Minn, clear and stra't. 3 80® 5 25
Winter shipp'K extraa. 3 10» 3 40
Winter XX & XXX.. 4 509 5 25
Patents
4 659 5 70
3 109 4 65
City gmpflugex
South'n com. extras.. 3 509 4 65
Buperflne
.
1,185
61,635
..
3,117
60,873
27,obO
...
24,041
84,679
6,480
1,800
'84
176,799
151,715
'fS
179,033
968,583
873,801
944,154
Detroit ..
Cleveland.
..
St, Louis
Peoria
Duluth
3,107
Com.
Baek.Sflll.,.
1,040,991
4,330
83,477
79,304
26.000
442,815
334,240
Oata,
BlMh,32
Barlev.
Rye.
Biuh.tHIbr Biu)1.56 1' t
583.115
817,»78
33,50»
(!)»
26,484
933
21,795
22,000
127,304
131,b59
7,0a)
18.769
6,500
61,200
21,000
g,95«
7,300
558,406
280,9 SI
458,323
57.985
60,173
115,859
262,985
61.080
Tot. wk. '85
Same wk.
Same wk.
2,020,207 ~T,0S4,616
2,9S2,430
909,741
8,20->.3l*l
1,213,136
Since Jvl)i 28
cases rather more money. But the better and choice grades
1884-5
6,532,173 85.205,853 63,876,919 39,751.595 14,103.354
a,90=',734
have been weak; there was a pressure to sell upon an unwill6,93l,aS0
18SJ-4
6,(30,712 58,162,»54 80,21)2,012 41,797.531 14,691,505
lHX'2-3
..
6,824.033
01,»;9.'208 C».747.832 34,184 355 12,029,3'23
3,368,455
ing market, and buyers have had the advantage. Western
millers have wired unfavorable crop accounts and yet urged
The exports from the several seaboard ports for the week
their agents to make sales. The changes in quotations, how- ending March 14, 1885, are shown in the annexed statement:
ever, are neither important nor general, and the close is someExports
Feat
Bye.
Wheal.
Oom.
Flour.
Oats.
from —
what steadier. Rye flour and cornmeal are barely steady.
Btish.
Bush
The wheat market suffered from severe depression down
Buth.
Bush.
Bblt.
Bush.
2,594
95,811
New York 255,702 503,683
74,794
to the close of Wednesday's business. The advance in prices
44,808
15.778
Boston,
23,75
43,250
800
40,042
2,800
24,407
7,607
which had been gained.from the warlike news in the previous Portland
Montreal,
week, was wholly lost, and holder^lbecame quite disheartened. Philadil,.
1.17,117
10,256
.
.
Then the crop
reports became unfavorable. There was a
return of wintry weather over the whole wheat-growing section, injuring the winter-sown, and threatening such delay
in
the spring sowing as to imperil the next crop. Tliere was also
some revival of the export demand, and brisk buying from
Jocal mil' -irs, causin^ some improvement in values. To-day
Baltini'rc
N, Orl'ns.
799,739
2,705
4'28,320
575
423,872 1,912,151
140,745
114,419
524,704'
148,068
4,053
120,008
N. News.
Total w'k.
3,394
8'me time
1884.
..
929,261
80,651
23,177
We
add th«
The destination of these exports is as below.
correspond ig period c' last year 1, r comparison:
.
March
THE CHRONICLE
31, 1880.1
VktaL
nonar.
week
to-
n/r
IH8«.
Wttic,
Xar. 15,
Mar. 14
Bhli
BblM.
BiuK.
BAC.Aiii
7i)2.i>7.'>
203,742
88H.!»fi»
1 Itii.(i44
814
.5SI.40t
6,»18
4,96)
1,095
0,1122
s oil
2l!\,238
30
4,19
690
140.745
148,068
By ailiiinf^
37,'i
3.5
5,000
524,701 1,942,1
423,872
movement
this week's
M
20U
Oil
029.201
we
to our preyious totals
follovring statement of exports this season
tlie
15.
Rnih
Blink
313. (S87 1,004,:J9()
10.I!J3
Total...
Mar.
aoft.rtOi
20.7U I
5.471
3.2:1
Week.
ir««fc.
Mar. 11
13.
Biuh.
11. OV!,")
Biit.ool'i)
Olli.u'n'ta
1884
1889.
Wuk,
Mar.
24,!!,") 7
('oulln'ut
have
1884.
1885.
Wttk.
188S.
We«k.
Mar. 11
Un.KlnK
Oom.
and
last
eeason:
to- Ana. 83
Att«. SS,
1«9^
18-'4-5.
Mar.
.
West
Aug. 9n
Mar.
to
13.
,4119.
1888-1.
89 to Atui. 27 to
Mnr.
14.
Mar.
15.
Bwll.
Bulk.
BiMh.
Buth.
18,037,775
2,8(19.039
16,411,455
15,689,Sill
14.837.388
9.034.821
18.653.101
S30.8:)l
0,368,080
S,082,1'48
423 80S
371,103
474,lMl
341,808
43,341
1,200
1,109,702
1,000
31,678
140
18,«78
8010
774,700
249,520
40,128
17,567
81,419
112,89(1
38,690,334
84.830.010
26.101,569
2),0O)ii31
Brtt. Col'nlee
833,850
37,127
coantr's
Total
tn
14.
1884-S.
«63.eea
4M.7IS
The
1863-4.
S.4!I7,S48
.
Indies.
Otli.
Aut. 23
Har.
15.
mi:
BU>.
Cn. Ktnffdom
Continent
8. AC. Am...
1884-5
^U9. 87 to
(0
Afar. 14.
Cbm.
ITIIMt.
Ftowr.
. (!POtt« HtKf
4,969.407
10,073
4, 105,9
-'4
245,381
08.5
If!
m
supply of grain, comprising the stocKs
granary
at the principal points of acoumnlation at Like and seaboard
and
in
transit
by
rail
and
water,
March
14,
18S5,
was as
Fiorts,
visible
ollows:
In store at-
KcwYork
Do
Wheat,
Cam,
bttsh.
busk.
5.03,737
26«,.<29
4,911.195
Hfloat (eat.)
1160,097
Albany
2.000
2,500
l.SOO.OOO
Cliiottjto
15,S07,-U0 2,016,097
l>o
alloat ....
14-.',31g
136,831
Newport News...
7,.537
51,.'>10
Milwaukee
5.2!)3.575
3,377
DuUitli
5.V93.U70
5,700
Do aBoat
101,030
Toledo
2.787,997
21,974
Detroit
1.123,613
40,647
Oswpf.'o
iso.oio
55.000
Bt. Louie
2,159.525
406.471
C'iurluiiati
47.7.J4
11,937
Boston
47.104
149,466
Toronto
323,488
1,000
Monlrtal
186.007
2,535
Buffalo
..
752,31!)
.50
Indiauai>4>li.s ..
Kaii.s.is
ity...
9.264
83,600
547,755
288,202
49.^00
101, ^21
473,989
Plula(l,-llilila
Peorin
I
1,030.1.>5
1
•stssJppl.
1,08.1,3911
525.629
Tot. Mar. 1 4, '85.
Tot. Mar. 7, '85.
Tot. Mar. 15, '84.
Tot. M«r.l7, '83.
Tot. Mar.18, '82.
1.339
2,171, SS7
Oats,
Barley,
bttsli.
bush
210,510
452,790
277,801
Rye
bush.
12,705
127, ISO
27,.'>(t0
113,333
4;.0()0
4.000
249,360
301,000
170,961
142.328
4,623
82,880
21,129
14.861)
7.017
4.200
22,OiiO
2"j43
Sn,583
5.i,<00
2,500
3.107
62,151
37,561
12.'242
74.9-)3
17^478
3,850
17,555
11.028
138,162
1,100
14,718
169,957
339.0)5
47,300
2,179
4.832
74,420
1,080,890
35,113
14,355
535
l«,19i
900
15,4(i4
4,807
241,119
32,377
43,772,372 Sr,il2.178 3.020,419 1,539,660 435210
43.628.570 7.387,869 2,931,454 1,047.875 430.826
30,2-.(6.'MiO 10,;>80.8'J9 4,993,f.l8 2,039,679 2,191 212
23,966,929 14,021,839 4,571,221 1,!»91.011 1,871.642
13,415,921 18,812,896 1,990,304 1,602,106 1,073,732
873
urging their consignors to curtail production forthwith, and
this sound advice will probably be taken^. In the near
future,
some mills having alrea<ly determined to ahut down many
The jobbing trade In sUple cottons
fairly active, but tlie resultant profits were meagre in the
extreme, owing to the exceptionally low prices at which many
spindles early in April.
was
were sold In order to stimulate business. Print cloths
moderate demand and "futures" ruled steady In
price, but "spots" were easier on the basis of 8^c. less
a small
discount for 04x64s, and 2?.^c. asked for 50x00s. Prints were
in light and irregular demand at first hands, and ginghams,
woven wash fabrics and lawns were only in moderate request
by package buyers, but a very fair business in all these goods
was done by leading jobbers.
Domestic Woolen Goods— There was a slight tendency
toward improvement in the demand for clothing woolens, but
business in this department was by no means satisfactory to
manufacturers or their agents. Heavy cassimeres have met
with rather more attention from the clothing trade, but orders
were placed with the utmost caution. Worsted suitings continued in fair request, and considerable tran'<action8 in leading
makes were reported. O/ercoitings and cloakings were a
trifle more active in some quarters, and fair orders were
placed
for future delivery. Jersey cloths continued in good demand,
and there was a fairly satisfactory movement in tricots, ladies'
cloths and soft wool suitings and sackings for ladies' wear,
Kentucky jeans ruled very quiet in first hands, and the demand
for satinets was mainly restricted to small parcels of the better grades. Flannels and blankets were seasonably quiet, but
steady in price. Worsted and all-wool dress goods were in
light request by package buyers, and moderately active in
jobbing circles, while carpets were in irregular demand.
FouEiON DitY Goods,— There was a steady, but moderate
movement in imported goods from first hands, and a pretty
good business in the various descriptions was done by jobbers.
British and Continental dress goo'ls continued in fair request
and really desirable m ikes are in limited supply and steady in
price.
Silks were sluggish in first hands, but large lines were
disposed of to fair advantage through the auction rooms and
by leading jobbsrs. M-?a's-wear w.jo'.en?, linens, white goods,
laces and embroideries were severally in moderate request,
and there was a fair movement in hosiery and fabric gloves.
Importatlona of Dry GooOm,
The importations of dry goods at this port for the week
ending Mch. 19, 1885, and since January 1, and the same facts
fabrics
were
in
for the corresponding periods are as follows:
I- fSSfjag
THE DRY GOODS TRADE.
.
•
S r^»
Ess
Off"
tr
e.
§;
Fbidat, p. M., March 20, 1885,
Tliere
was a
;i
fairly active business in the jobbing branchaa
of the dry goods trade the past week, but the general de-
mand
by retailers was
less spirited
time in former years.
chases,
many
As an
standard
makes
I
than at the corresponding
incentive to
more
H«
CO *-
M
liberal pur-
of domestic cotton
tfc-
1', tfc Zji
--I
XW
goods,
ginghams, &c., were offered by leading local jobbers
at unprecedentedly low prices, and such goods were freely
a
w
^
w
00 -1
o
©ffi!
prints,
taken by
but the demand in the regular
retailers,
chiefly of a light,
hand-to-mouth character.
rf^
lea
fcocO)t*m-'
way was
Cfl
representirjg
Cfl
mVsD MOO
CJO
West and Northwest continued favorable, and numerous re-orders from those sections of the
country were received by commission houses and importers,
but the demand from Southern markets was conspicuously
small, and there was only a moderate call for re-assortments
distributing points in the
Oitfk—
MOO
many
of the leading Eastern corporations, are
4>»
10 -^1
U)
CO to
rn
r^
<iao
<I
M*^(0WOi
QOXCCXtO
^
MM IS
xnr> )e.MM
«oto
03^
M
i
*
^.
C
*Orf»^
00
to
05 C'l
CO
3 C; 0:
t--
X w< Q a>
O^totoo
(COC
XOOUiO
CO «J to CO aa
uoappM'
M
<»C»
WX-ODtCM
OB (9
IB I-*
-MOO-.JW
JO»JMWO»
00 OD
OKI
00
-J
M
(0
-a
i
Oi'o
05KI»-il-M
CM
MO
C0lt--HOO
>-
w
|)>,U
00 0>
toco
00-1
ll^U
-1*.
03ta
w
to
toocoo-^
I
OSLtCJtMfcO
tOWXCiflft
m'icuVIo
^
W|fk.XM«
tOXMCftCC
OO
.
0500
MC0,«^COtC>
oobbcoM
MCWOSOl®
co^tocoii).
ifcoacoqaco
(OtOMMM
-JOIU'WI-'
OtOA'-^O
<o i§£:j3
U-pStO
te CO 1^ ^) X
10
^^<i
MtoSJCJ'*'
M>t3^0C»
M bt-
^oWo'ik.M
OOif^
tfs^pco^rf^
C « C 0« -O
^S£
to CO CI ii^ to
V
0J«100>M
S
sg
yt
toco
to
*>.
*JmCOC0CO
03 M^ CQ
1
M *>-J ai»ioii>'eK
i*-«w0ai^
^ #» 1-MW»1 —
»0
M
M
tcon
K l-'M —
to
oto OOM^-OD
t^^ *.«M®0
ra
it^U
cDCdc;tc;io
x
»,
OOOW
^
M
w
ro
M
X
MX
to
^
"f-ostoVioi
IP-M
CD
to
ox a
ucicoif-cn
ta
to gltO to Qt
>;k
C.Ctf
ZflM
OXtDO
COfOOCOM
^x
otyl
o6g
»cco:ifk.cc
M
<ic:noa5^
t
O -4 COM CO
r
CO c>
to 00
•*3
^
t
**oo»to^
ostocco«
*-o
CD en
^oo•.osoo^-
CM -ccnox
tfc
to to
(t-COOCDf*
u coV
yiMMM-^
hO
CO 00
^
tucrooito
00
ci»-rcc;#"
oiy*.-^
to
0b -^
trade, because of the still
wintry condition of
the weather. The most important event of the week was a
large auction sale of imported silks, which attracted a numerous company of buyers, and most of the goods were disposed
of at prices which probably accorded with expectations.
Domestic Cotton Goods.— The exports of domestics for the
week were 5,540 packages, including 3,65o to Africa, 1,751^ to
Great Britain, 253 to Hayti, 205 to Brazil, 137 to U. S. of
Colombia, 88 to Santo Domingo,&c. There was a steady, though
strictly moderate demand for staple cotton goods at agents'
hands, and no improvement in prices can be reported. Values
of nearly all brown, bleached and colored cottons are
so
abnormally low, and the outlook so unfavorable, that agents,
M
H»
O « w
Accounts from
00 3i
by the near-by
Si
Si
S^vO —
Clfll
XCdxixcO
C3Ot0v]Ct
tS
g*
SB
3
•
—
:
::
:
:
——
:
)
:
;
)
:
THE CHRONICLE.
374
[Vol. XL,
gjitiTv ^tatjem^ttts.
TJEPORTCIFTHE CONDITION OF THE REPORT OF THE CONDITION OF THE
"CHEMICAL NATIONAL, BANK OF
Xi-FOUKTH NATIO^^AL, BANK OF THE
CITY OF NEW YOBK, at New York, in the State of NEW YORK," at New York, in the state of New
Brinckerhoff, Turner
New
&
Manufacturers and Dealers In
COTTON SAILDUCK
And all
kinds of
CANVAS, FELTING DUCK, CAB
COVBRINO, BAaGING, RAVENS DUCK, SAIL
TWINES, &C., "ONTARIO" SEAMLESS
COTTON
BAGS, "AWNING STRIPES.
Also, Agents
UNITED STATES BUNTING
A Jnll supply, all Widths and Colors, always
No. 109 Dnane Street.
&
BlisSjFabyan
CO.
Co.,
BROATN & BI^EAOJIED SHIRTINGS
ANB SHEETINGS,
PRINTS, DENIMS, TICKS, DUCKS,
*0.
Towels, tlnlltsjlt'talte Goods & Hosier}
86
&
88
Franklin
YORK.
St.,
NEW
Export
&
15
arch
10, 1885:
Trcule.
AGENTS FOR
Ocean Mills Co., Atlantic Cotton ITIills,
CMcopee Mfg. Co., Pealfody Mills,
Saratoga Victory Mfit. Co.,
EUerton Neiv Mills, Wlilte Mfg. Co.,
Uncasville Mfg. Co.,
Vnderw^ear and Hosiery Mills.
$3,200,000
640,000
550,267
180,000
17,160
Individual deposits subject to check.. 10,626.852
2,902.006
Deposits for acceptances
108.940
Demand certificates of deposit
181,291
,.
Cashier's checks outstanding
10.778,391
Due to other national banks
506,127
Due to State banks and bankers
Total
H&nafacturere' Agents (or the sale of Jute Bagglni.
IMrORTi:US OF
IRON COTTOIV TIES.
-IS
:
HBNKY
BUCKHOUT, Cashier.
Subscribed and sworn to before me, this I3th day
V. G. Fanning,
of March, 1885.
Notary Public.
Correct— Attest
(). BALDWIN.
CORNELIUS N. BLISS, > Directors.
(1.
)
ROB'T W. STUART,
)
Yorls. in
the State ot
ness Murch
10,
New
i'
ork, at the close of busi-
1885
RESOURCES.
Loans and discounts
$.3,293,360 76
62
00
00
44
80
00
08
00
543 69
975,480 99
15,000 00
4.218
690,000
451,700
91,334
9,189
111,500
28,029
410,000
other National banks
State banks ano bankers
Real estate, Inrniture and fixtures....
Current expenses and taxes paid
Clearing House loan ctfs. of other b'ks
Checks and other cash items
Exchanges for Clearing House
Billsot other banks
Fractional paper currency, nickels and
pennies
Specie
Legal tendernotes
Redemption fund with U. S. Treasurer
(6 per cent of circulation)
32 97
1,304,341 00
992,657 00
81,050 00
&
$8,408,418 41
Total
110
TORK.
BAGOING AND IRON
TIES,
(FOR BALING COTTON.)
Agents for the following brands of Jute Bagging,
*Eagl6 MiIl8,""Brooklyn City,""Georgla,""Carolma/'
'Nevlns, O," "Union Star," "Salem," "Horlcon Mills,"
•Jersey Mills" and "Dover Mills."
IMPORTERS OF IKON TIES
^atxli ^tatcnxcttts.
OF THE CONDITION OF THE
REPORT
AMERICAN EXCIIANWE NATIONAL,
BANK, at New York, in the State of New York, at
the close of business on the 10th day of Mar., 188S
RESOURCES.
Loans and discounts (See schedule)
.
.
.$12,505,340 41
Overdrafts
U.S. bds.to secure circuIatIon(parval.)
10,843 54
50,000 00
9S.440 63
(See schedule)
Due from
Due from
other national banks
State and private banks and
bankers (See schedule)
estate
Real
Current expenses and taxes paid .. ..
Checks and other cash items (See
schedule)
Exchanges lor Clearing House
Bills of other banks
Specie
Legal-tender notes
Due from U. S. Treasurer, other than
5 per cent redemption fund
1,458,719 04
239.439 41
850,187 62
55,180 00
581,015
2,239,313
- 78,002
6,085.823
1,289,000
01
50
03
80
00
48,000 00
$25,173,184 88
LIABILITIES.
Capital Stock paid in
$5,000,000
1,250,000
239,512
6,801
10,128
Individual deposits subject to check.. 10,636,725
62,131
Demand certlhcates of deposit
785,212
Certified checka
4,551,7B8
Due to other national banks .»
Surplusfund
Undivided profits
State bank circulation outstanding
Dividends unpaid
Due
to State
00
00
74
00
50
27
20
.35
23
and private banks and
bankers
2,630,908 50
$25,178,184 88
Total
State of New York, County of New York.
the American
I, DUMONT Clarke, Cashier of
Exchange National Bank of New York City, do solemnly swear that the above statement is true, to
the best of my knowledge and belief.
DUMONT CLARKE,
Cashier,
this 17th day
Sworn to and subscribed before me
J. J. BENNETT,
Of March, 1885.
Notary Public, Kings Co.
Correct.— Attest
Certificate filed in
New York
JOSIAH M. FISKB.
W. BAYARD CUTTING,
00
647 50
3,852,,888 82
13,,053 09
803,,568 87
593,:,300
Individual deposits subject to check.
Demand certificates of deposit
Accepted drafts
Cashier's checks oulstanoing
Due to other National banks
Due to State banks and bankers
Co.
)
J
rPEDERICK BILLINGS,)
DlreCtOM.
$14 £43,100 34
Overdrafts
Other stocks and bonds
ClearingHouseloanetfs.of otherb'nks
Due from other national banks
Due from State and private banks and
bankers
New
at
York, in the State of
of business, March 10, 1885
New
York, at the close
Overdrafts
U.S. bonds to secure circulation
Current expenses
Checks and other cash items
—
and fixtures
Current expenses and taxes paid
paid
Checks and otliercasli items
Exchanges lor Clearing House
Bills of other banks
Fraet'l paper cnr'cy, nickels
Specie....
&
pennies.
Legal-tender notes
Redemption fund with U. 8. Treasurer (5 per cent of circulation)
9,000 00
$3,990,272 94
Total
LIABILITIES.
$500,000 00
100,000 00
12,008 12
180,000 00
658,152 18
Capital Stock paid in
Surolus fund
Undivided
profits
National Bank notes outstanding
Individual deposits subject to check..
*8,812 8*
Guarantee account (accepted checks).,
1,505 19
Cashier's checks outstanding
1,666,623 28
Due to other national banks
908,111 30
Due to State banks and bankers
;... $3,990,272 94
Total
State of New York, County of New York,s»;
I, EVAN O. Sherman, Cashier of the above-named
bank, do solemnly swear that the above statement
IB true to the best of my knowledge and belief.
EVAN G, SHERMAN, Cishier.
Subscribed and sworn to before me this 14th day
F. B. JOHNSON.
of March, 1885.
Notary Public. Kings Co.,
Certificate filed in N. Y. Co.
Correct—Attest
L. C. MURRAY,
D. A.LIN DLBY,
8.
48
312 41
89,813 06
1,016.188 57
56.000 00
11,319 50
Exchanges for Clearing House
Bills of other banks
Fractional paper cur'cv, nickels & cents
Specie, viz—Gold coin.,.. $2,852,189 00
Gold treasury certific's S,875,Oro 00
,36,000 00
Gold Clear'g House ctfs.
Silver coin
319,481 24-6,682.670 24
868.925 00
Legal tendernotes
Due from U.
5 per
S. Treasurer, other than
cent redemption fund
U. S. Mint
10,000 00
3,000 00
Due from
Total
$26,002,,607
81
LIABILITIES.
$300, 000 00
Capital stock paid in
Surplusfund
Undivided profits
State bank circulation outstanding
Dividends unpaid
3,000,,000 00
1,145.,292 50
10,.880 00
2,,055 00
...
Individual deposits sub$17,512,715 46
ject to check
Demand certificates of
88.662 31
deposit
195,418 37
Ce rtified cheeks
14,418 77-17,831, ,205 20
Cashier's ch'cksoutst'd'g
2,631 ,745 71
Due to other national banks
Due to Stiite & private banks & bank'rs 1,091 ,428 80
Total
State of New York, County of
cal
$26,003,607
New York.
«
QUINLAN, JR., Cashier of the " ChemiNational Bank of New Y'ork," do solemnly swear
Wm.
J.
tiie above statement is true, to the best of my
knowledge and belief.
\VM. J. QUINLAN, JR., Cashier.
Sworn to and subscribed before me this 18th day
Robert G. Roberts,
of March, 1885.
Notary Public. N. Y County.
Correct— Attest
that
:
.
A.
J.
ROOSUiVELT,
ROBERT
GOEl.ET,
WILLIAMS.
G. G.
Directors.
V
)
OF THE CONDITION OF THE
REPORT
NATIONAL BANK OF THE REPUBLIC,
New York, in the State of
of business March 10, 18,85
at
New
York, at the close
RESOURCES.
$4,587,895 60
20,084 12
495,000 00
74,000 00
110.456 25
800,000 00
88,021 56
9,831 79
Loans and discounts
Overdrafts
U. S. bonds to secure circulation
K. bon ds on hand
Ij
Other stocks, bonds, &c
.
Banking House
Premiums
paid
Current expenses
9a
00
00
15
11,541 00
«3,076,907
394,817
42,448
13,443
Legal tender notes
Bills of other banks
Checks &oth. cash items
Exch's for Clear'g House
Due from
Due from
national banks
State b'ks and
636,520 19
109,483 80
bankers
Redemption fund with
U. 8. Treasurer (5 per
cent of circulation). ..
22,275 00-4,007,436 72
$0,998,106 04
Total
LIABILITIES.
00
00
817 86
4^3, 000 00
18,,887 50
$l.,50fl, 000
500,,000
Surplusfund
Undivided profits...
Nati.^nal banknotes outstanding
Dividends unpaid
'jj,
Deposits:
$2,058,818 68
Individuals
3,898,954 94
National banks
854,214 04
State banks and bankers.
117.278 45
Demand ctfs. of deposit
549,970 90
Certified chocks
10,067 58Cashier's cheeks outst'd'g
'
'
7,
187,301 19
$9,998,100 04
I, B. H. PULLEN, Cashier of the National Bank of
the Republic of New York, do solemnly swear that
the above statement is true, to the best of my
knowledge and belief.
„
B. H. PULLEN, Cashier.
Correct— Attest
,
OLIVER S. CARTER,
SUMNKR R. STONE, > Directors.
JOHN JAY KNOX,
)
and sworn to before me this 13th day
)
64
13
00
48
16
24
29
27
.30,193 84
81,481 26
128,227 95
4,400 00
86 88
712.840 00
10,189 00
$2,496,396
2,573
200,000
105,899
172,661
17,388
4,538
14,619
Other stocks, bonds and mortgages
Due from other national banks
Due from State banks and bankers ....
Ileal estate, furniture
75
.332,316
,
resoorces.
Loans and discounts
Premiums
1,305,986
100,000 00
Total
OF THE CONDITION OF THE
REPORT
UNITED STATES NATIONAL BANK,
S6
00
00
50
00
Bankinghouse
Capital Stock paid in
$8,408,418 41
Total
State of New York, County of New York, ss ;
I, Arthur w. ^hkrman. Cashier of the abovenamed bank, do solemnly swear that the above
statement is true, to the best of my knowledge and
belief.
A. W. SHERMAN, Cashier.
Subsc;ibed and sworn to before me this 13th day
of March, 1885.
H, L. BRAYNARD,
Notary Public.
Correct- Attest
F. D. TAPPAN,
)
> Directors.
THOMAS DF.NNY,
A. ROOSEVELT,
)
8.888
100,000
308,000
91,586
420,000
U.S. bonds to st-curecircurn (parval.)
U. S. bonds on hand (par value)
102,,848 17
852, 785 77
658, 79 13
;
S per:cent8
Other stocks, bonds and mortgages
Total
531 849 56
Undivided profits
National bans notes outstanding
Dividends unpaid
MAIDEN LANE,
NEW
$1,000,,000 00
500,,000 00
Capital stock paid in
Surplus fund.
Wheeler,
RESOURCES.
Loans and discounts
Specie
LIABILITIES.
BuUard
York, at the close of business on the 10th day of
March, 1835
I,
OF THE CONDITION OF THE
REPORT
GALLATIN NATIONAl. HANK, at New
Due from
Due from
ST. LOUIS, Mo.
(iO
StateolNew York, Countyol New York, ss
I, HENRY BUCKHOUT, Cashier of the above-named
bank, do solemnly swear that the above statement
is true, to the best of mv knowledge and belief.
U. S. bonds to secure circulation
Other stocks, bondsand mortgages....
WARREN, JONES & GRATZ
00
80
00
90
73
52
82
69
50
J29,891,039 39
Overdrafts
BAGGING.
12
7,
00
LIABILITIES.
Surplusfund
Ondivided profits
National bank notes outstanding
Dividends unpaid
Motley,
Chauncet Stkkkt.
BOSTON.
48
00
00
35
65
75
00
97
00
30
7,054,62100
gnecie
861,998 00
Legal tendernotes
20,0j0 00
U. S. ctls. of deposit for legal tenders
Redemption fund with U.S. Treasurer
9.000 00
(5 per cent of circulation)
$29,001,039 39
Total
Capital Stock paid in
York, Boston, Philadelphia,
BELLING AGENTS FOR LEADING BRANDS
Joy, Lincoln
a:
$12,787,780
200,000
U.S.bondstosocureciroulatlon
SOO.COO
U. S. bonds on hand
mortgages
113,685
and
bonds
stocks,
Other
1,142,321
Due from other national bunks
16,fK2
DuefromState bJtnks and bankers
600.000
Real estate, furniture and fixtures
27,622
Current expenses and taxes paid
8,00U
Premiums paid
3,812
Checks and other casti items
6,535,508
Exchanges fur Clearing House
10,000
Bills of other banks
151
Fract'l paper cur'cy, nickels & pennies
In stooi
New
Drills, Sheetings, Oc., for
York, at tne close of business on
RESOURCES.
Loans and discounts
Co.,
HASTINGS GRANT,
Subscribed
of March, 1885.
'^isctXlnneons,
Brown, Wood & Kingman
SELLING AGENTS FOR
Geo. H. Gilbert Mfg. Co.,
Freeman Mfg. Co.,
Arlington Mills,
Kenfrew Mfg. Co., James Plillllps, Jr.
Fltcbbnrg Worsted Co.,
George W^liltney, Continental Mills,
Iilucoln MUls.
BOSTON, 31 Bedford Street,
xrn-w YORK
vnuTT J*8 &
NEW
35 &
{
Directors
60 WortH Street, and
37 Thomas Street.
FOR
SAL,E.
Chronicle Volumes
SINCE 18T0.
office possessing these volumes since 1870 haa
hand for convenient reference a complete and reliable financial history of the period. Parties having
the more recent volumes can obtain from the pub
Ushers most of the earlier volumes, or complete seta
Any
at
can be furnished.
WII.MAM
)
>
JAMES WALSH,
Notary Public, Kings Co.
Certificate filed in N. Y. Co.
79
&
81
B.
DANA
ic
CO.,
WILLIAM STKEET, NEW YORK
•
March
21,
1880
THE CH RON J CLE:
J
Ittsuvance.
Sttsurancie.
The United
OFFICE OF THE
IN
ATLANTIC
1885.
The Trustees, In oonfornitty to tlie Charter of
the Company, subuiJt the foUowlnf; Statement
Its affairs
on the 3l8t December, 1884:
Premiums
Premiums marked
off
.
€ O T T OW
York.
.
$5,405,796 14
CoHPARigox OF Business.
Paym'ts to Policy-holders
for Death Claims, Endow-
..
t636,149 18
ifel A 1888. 1888 A 1884.
.».^,664.1il I 00 $11,1 11,488 00
Dec
Insurance In force
!tl,
'82.
Dec.
117,107,105 00 $19,769,8(M 00
Interest due and unpaid on Total Assets,
ber 31, 1884, NONE.
Decem-
57
&
$12,938,289 38
BIX PER CENT INTEREST on the outstanding certificates of profits will be paid to the holders therewf, or their legal representatives, on
and after Tuesday, the Third of February next.
THE OUTSTANDING CERTIFICATES
United S atia Securities
1212,590
Bank stocks of New York City Banks.... 80,030
City and other Stocks and Bonds, Loans
and Cash In Bank.s
347,182
Premium Notes, ash Premiums, Be^lnsurance and otuer Claims
87,553
HENUY D.
ty
W. IKV'INOCOMK",
LONDON,
BBOWN, SUIPLKV 4 CO.
at
its
MUTUAL
INSURANCE
F. S.
CO.
31
TRVSTEESt
3. D. Jones,
Edmund W.
Charles Dennis,
W. H. H. Moore,
Adolphe Lemoyne,
W Ultam E.
Dodge,
William H. Macy,
C. A. Hand,
John D. Hewlett,
WllUam H. Webb,
Charles F. !iard?tt,
Corlles,
Robt. B. Mlntnrn,
Charles H. Marshall,
William Bryce,
John Elliott,
James G. De Forest,
Charles D. Leverlch,
Thomas B. Coddlngton,
Horace K. Thurber,
William Degroot,
John L. Rlker,
N. Denton Smith,
George
Bliss,
Henry
E. Hawley,
William D. Morgan,
Isaac Bell.
JOHN D. JONES, President,
CHARLES DENNIS, Vice-President
.
W. H. H. MOOHE, 2d
A. A.
RAVEN, 8d
Alexander
Vloe-Presldent.
Vloe-Preeldent.
Liverpool.
&
Cargill,
COTTON BROKERS,
AUGUSTA, GEORGIA.
LIFE
COTTO
Entire attention given to purchase of
TO ORDER
SPINNERS and EXPORTBBS.
for
C0RRESP0in>E3<CE SOLICITKD.
References.— National Bank of Augusta, Oa
Henry Hents A Co., Commission Merchants, Naw
York William B. Dana A Co., Proprietors ComuebciAL A Financial Chronicle, and other New York
;
President.
Houses.
Warren Ewen,
Rates Lower than other Companies.
John m. Bwxir.
Jr.
Ewen
Brothers,
COTTON BROKERS,
14, 1842.
S103,87G,178 51
JOHN
&
33 Broad Street,
NBW YORK.
H. CLISBY
CO.,
&.
^ttvimshxps.
COTTON BUYERS,
ONL,¥
PtTHOHAgE ONLY ON ORDERS FOR A COMHIgSIOH
nONTGOmERV, ALA.
&
Direct Line to France.
GENERAL TRANSATLANTIC CO.
NEW VORK and HAVRE.
Joslah O. Low,
New York and
Bankers, Messrs
Between
Horace Gray,
OBDERS fob FUTtTHE CONTKACTS EXXCITrBD IS
$743,961 76
President.
is
8«eretarr.
PEARL STREET,
NEW YORK.
No. 134
LIFEd ENno WMENT POLICIES
ORQANIZED APRIL
and sale of
Hopkins. Lucres Hopkins Smitr.
Charles D. Miu.eb.
4S
OF NEW YORK.
WINSTON,
NBIT YORK.
COMMISSION MERCHANTS
00
00
ISSVES EVERT DESCRIPTION OF
Assets,
& Co.,
D wight & Co.,
COTTON
THE
order of the Board,
Wm. Stur)?l8,
C.
Nos. 31
A DIVIDEND OF FORTY PER CENT
Benjiimiii H. Field,
«—
Cotton Broken
New Orleao*.
Hopkins,
Sec. Wainwriout hardie, v.P.
Thla Company issues Certtflcotes of Insurance,
declared on the net earned premiums of the
Company, for the year ending Slst December,
1884, for which certificates will be Issued on
•nd after Tuesday, the Fifth of May next.
A. A. Raven,
Co.,
Co.,
Special attention siTen to the purchase
»"atnre ContracU.
Kino.
lo'ses payable In
be produced at
the time of payment and canceled.
James Low,
David Lane,
Gordon W. Bumham,
&
Buck A
No. 61 stone Street,
!_
Total Assets. January 1,1885
of
the issue of 1880 will be redeemed and paid to
the holders thereof, or their legal representatives, OH and after Tuesday, the Third of February next, from which date all interest thereon
H. CHAPIOAN,
II.
Robert Tannahill
and inland insurance:
WILLIAM STREET, NEW YORK.
ASSETS.
59
Assets, viz.:
otherStocks
$8,776,6!i5 00
Loans secured hy Stocks and
otherwise
2,005,1CO 00
Keal Estate and Claims due the
Company, estimated at
410,000 00
Premium Mutes and Bills Recelvaole
1,454,959 73
Cash in Bank
261,514 65
S.
Meaars. Samuel
INSVRANCB COmPANY,
$787,789 40
The Company has the following
Unltetl States and State of New
York Stock, City, Bank and
By
CuUltKSI'O.M>ENTS
Messrs. Smith, Edwards
lilrerpool.
ScsTATus
COMMERCIAL MUTUAL
Premiums and Ex-
penses
certificates to
theNBW VOIIK PKODUCB BXCIIANOB aaA
the CHICAGO BOARD GIT TRADB.
at
31, '84.
Betums
The
and
AND PROVIMIOXS
CiRAIN
Cotton Commission Mereliants,
ments, Annuities, Surrenders and Dividends
$478,083 96
hiarine:
wUl cease.
attheNRW YOKK COKKKB BXCIiA.VOB.
1884.
1883.
Leases paid daring the same
period
$2,109,919 20
Amount
COFFEE
President.
All the proflta betonK to the pollOT-hoIden exoluslvely.
All Policies henceforth luned are InoonteiUble
for any cauae after throe rears.
Death Claims paid at once as loun aa aatlsfactorr
fToott are received at the Uome Office.
Absolute Becurlty, combined with the lanteat liberality, assures the ixipuliiriiy and ancoess of thla Co.
Alt form of 'I'otiiine Pollclea Issaed.
AOKNTs, deslrinK to represent the ComSany, are Uivlted to address J. 8. GAKKNBY.
uperlQtendent of AKencles, at Home Office.
New Insurance Written.
from Ist
January, 1884, to Slst December, 18S4
$4,036,271 04
of
attheNICW VORK, I.IVKBPOOI, AN!) NHW OB.
LBAN8 COTTON'kXCIIANOIM, AlwirdS f«
WOOD
January, 1884, to Slst Decombor, 1884
$3.9nS,039 44
Premiums on Policies not marked
oir let January, 1884
1,447,756 70
Ist
Total Marine
BH08NAN,
8 South William St., New York.
BXBCUTB 0BDKI18 KOIl FUTUBB DKUVIBT
1860.)
k 263 Broadway, New
n.
Co.,
COMMISSION MERCHANTS
O.P.FKAi.»an,8ec'r. A. WHKELWBiOBT,Aut8er.
Geo. II. BuuroRO, Aatnarr.
Mutual Insurance Co.,
Premiums ua Marine Risks from
if)
&
Henry Hentz
States Life
(OKUANIZKD
T.
NEW YORK, Jannarjr 24,
<ilP0ttoti.
Insurance Co.
THB CITY OP NKW YORK,
261, 262
of
Til
From Pier (new) 42. North River, foot of Morton St
Travelers by this line avoid both transit by KukIIsI
railway and the discomforts of crossing the Channe
In a small bout.
NOUMAMJIK, Krangeul
Wed., Mar. 25 IP
ST. l.AUUENT, de Jou.>iSclln .Wc<l., April 1. 7 A m"
AMKltlyUE, Santelll
VVefl.. April 8. 11 A. m!
SI'. UERMAIN, Traub
Wed., April 15, 5 A. M.
PuiCE ov Passage (including winej:— To Havre —
First cabin. $100 and f.*; second cabin, $60: steerage, $86— including wine, bedding and ntenslis. Return tlcltets at very reduced nttos. Checkson Banque
Transatlantique, Havre and Puri,sln amounts tosult.
M
Special Train fk-om Havre to Pari*.
The Compagnie (jenerale Transatlantique delivers
omce in New York spcclul train tickets from
Havre to Paris. Baggage uhtcked through to Puns
without examination at Havre, provided piii,..*engcr«
have tile same delivered at the tympany's dock in
New Yt>rk, Pier 4a North River, foot of Morton St
at least two hours before the departure of a steamer
132
Farrar
Jones,
PEARL STREET, NEW VORK.
Liberal advances made on Cotton consignments
Special attention given to orders for contracts for
future delivery of Cotton.
EVRE, FARRAR &
Henry M. Taber
141
PEARL
Advanceii
ST.,
No. B Bowling Green.
JOSEPH CI LLOTTS
STEEL PENS
WORLD
Sold Br ALL DEALERSTHRouoHourTHe
eOl-D MEDAL PARIS EXP0SITION-ia7B
&
Co.,
NEW VORK.
made on Consljinmenta
cracta for Future Delivery of
lotd on oommission.
of Cotton. ConCotton boocfat mnd
at its
LOCIS DE BEBIAN, Agent,
CO.,
NORFOLK, VA.
Geo. Copeland
&
Co.,
COTTON BROKEE8,
134
PEARL STREET. NEW TORK.
WALTER &KROHN,
COTTO.\ BROKERS,
BEAVRR STHRET. WKW VORK.
James F. Wenman Co.,
SS
&
COTTON BKOKEBS,
No. 113
PEAPV STREET,
N. Y.
KsHabllsbad (In Tuntlna BolldlnO I84a
,
THE CHRONICLE,'
viii
Stillman,
Post Building, 16 & 18 Exchange Place
INMAN,SWANN&Co
NEW YORK.
MADK ON ACCEPTABLE
8BC0RITIB8.
COTTON MERCHANTS,
BnciAi. Attbntios to Orders for Contracts
FOB Future Delivery of Cotton.
von Gundell & Mayhofl,
COTTON BROKERS,
STONE STREET, NEW YORK.
4
VON GUNDEL.l7~& MAYHOFF
COTTON BUYERS,
niElTIPHIS, TKNN.
& Gwynn,
Fielding
NEW
COMMISSION MERCHANTS,
PEAKL
ST.,
KEW YORK.
Orders for future delivery of Cotton executed In
Mew Tork and
TlBions In New
Liverpool
;
also for Grain
and Pro-
Tork.
John C. Graham
BANKERS
AND
&
Co.,
8ELMA, ALA.: MONTGOMERY, ALA.
& Co.,
IHERCHANTS,
OLD SUP,
Rountree
COBinill^SIOiy
12
Lftte of Eure, Farrar
Price,
Ferous Bbid.
k
Price.
Reid
&
& Commission Merchants
NORFOLK, VA.
Liberal advances made on Cotton consignments.
Bpedal attention Klven to the sale of cotton to
MTlve or In transit for both foreign and domestic
Correspondence solicited.
MiArkets.
& Wakeiield,
COTTON
Tuttle
Amd General Comnii»iiion Merchants.
84 Beaver St., New York.
Liberal advances made on cotton conslioimenta
dveoi* 1 attention given to orders for contracts fo
fnture delivery of cotton.
F. Hoffmann,
COTTON BROKER AND AGENT
»8 RUE DE l,A BOURSE, HAVRE.
&
Co.,
COTTON BR0KEK8,
136 Pearl Street,
New
CROTTEI.!., President.
WM. R, CHOWELL, Vice-President.
PIULANDEK SHAW, Secretary.
WM. CHARTERS, Assistant Secretary.
FRANCIS P. BURKE, Seo'y Local Dept.
HOME
Co.,
pr<mpUi
Company
Insurance
& SCHROEDER.
LKHMAX, DrKH &
CO.,
YORK.
Net Surplus
comraissioN merchants.
No. 40 EXCHANGE PLACE,
aSUBERS OF THE OOTTOf, COFFEE AKD
PRODUCE EXCHANGES.
Cash Assets, Jan.
PEARL
ST., 186
Orleans, La.
Special Aitentiob Given to the Exeoutioh
ORDERS for FUTURE CONTRACTS.
B.F.
BABCOCK&CO.
COMMISSION MERCHANTS,
IT Water Street,
LIVERPOOL,
Receive consignments of Cotton and other Produce
and execute orders at the Exchanges in Liverpool
Represented in New Tork at the office of
SAM'L
D.
BABCOCK,
New Vork.
82 Nassau Street,
Feilowes & Tileston,
COTTON, STOCKS, BONDS, dec.,
85
Orders
in
t7,395,090 S(
1885
President.
Secretary.
Company
Insurance
OF HARTFORD.
1, 1885
unpaid lossen
aud re-lnsuranoe fund
LlalilUties
for
$9,013,517 40
-,
2,019,026 83
4,000,000 00
Capital
NET SURPLUS
$2,964,490 65
No. 3 Cortlandt
JAS. A.
&
New
St.,
ALEXANDER,
North
GRAVIER ST.,
New
York.
1.
mARTIN,
^TNA
H. W. Hanbhann.
Mohr, Hanemann & Co.
or
J.
J.
H. fFASHBCRN,
AsseU January
Orders executed at the Cotton Exchanges in New
York and Liverpool, and advances made on Cotton
and other produce consigned to us. or to our correspondents in Livcrpoi-fi, Messrs. B. Newgass & Co.,
and Messrs. L. K'tsenbeim & Sons.
123
CHAS.
204 Chitkch Street,
Wm. Mobk.
00
00
91
1,141,726 91
Co.,
Montgomery. Ala.
Orleans. La.
LEHMAN BRO'S,
Cotton Factors
AND
York.
Agent.
British
Mercantile
Co.
Ins.
OE
LONDON AND GDINBVROn.
U. S. Brand! Statement Jan.
Invested and Cash Fire Assets
1,
1885.
$3,301,747 61
LIABILITIES:
Reserve for Unearned Premiums
Reserve for Unpaid Losses
•
$1,153,003 35
179,379 l'7
44,74S 42
.1,924,355 »>r
otherLlabllities
Net 8urplU8
$3,301,747 61
Losses paid In U.
U.
S.
S. in 18
years
BR.INCH Office,
CHAS.
E.
.54
.
.S15,'^10,33-,j 00
St., N. Y.
Willia.m
WHITE, SAM.
P.
BLAGDEN,
Managers.
JAS. F.
DUDLEY,
Supt. of Agencies.
WILLIAM STREET, NEW YORK.
"
Futures" executed at N. Y. Cotto n Exch.
COTTON
M E RCII AN.TS,
"•iXMKKX.
Contmercial
DIAMOND HAMS.
(Union Ins. Uo,
Waldron
&
Fainter,
I>F,tlli.
DAVIS,
S.
Jr.'s
BRAND,
Cincinnati.
(Kroni Report tu State Uopartnient on
Auierican
11*1^ Prodiictii.)
tlio pleasure of Koinjf throu>,'h the estab
lishment of s. l>nvis. ,Ir.
Co., Cinclnmiti. and of
seeing tlie cure nnu cxpertness with which tin- hams
'
I
had
A
were
New York.
Orders for Spot Cotton and Futures
>ieout6<?;
WAKE
LSHHAN, ABRAHAM &
Co.,
C>tton Brokers
Dennis Perkins
STEPHEN
nElXr
New
ders for the purchase and sale of Cotton, Grain, and
Provisions for future delivery. Orders also executed
on the New York Petroleum Exchange and Stock
Board. Liberal advances made on consignments.
Theo. H. Price.
&
Schroeder
00
97
b7
18
OF
COTTON COMMISSION MERCHANTS,
119 BROADWAY.
OFFICE
POST BUILDING,
»3,000.000
CASH CAPITAL
Reserve
for
Unearned
Premiums
2,847,565
lis & 18 Exchange Place, New York.
Reserve for Unpaid Losses and Claims.
4 .5.798
NEW YORK,
AND NORFOLK, VA.
^" Special attention given to the execution of or-
Jl.000,000
2,390,985
287,827
610,991
..
..
City.
Jan., 188.5.
-
M. 20,000,000.
New York.
Buyers of Cotton for a Commission. Orders for Fu
lore Contracts executed In New York and Liverpool
and
$4,342,430 2S
COTfOS COMPANY OF STUTTGART.
Up-town office, No.
COTTON COMMISSION MERCHANT>
No. 19 So. William St., New York.
NO.
Reserve for unearned premiums
Reserve for unpaid losses
Neteurplua
Paia-Up Capital, R. M. 6,000,000.
Bloss,
Day of
1st
AGENT FOR
Successors to
No. 123
Company
CASH CAPITAL
statement of
ORLEANS,
irORK, NE^V
Broadway, New York
OJHce, 195
G. E. Staenglen,
COMMISSION MERCHANTS, G.
Gwathmey &
INVESTMENTS
COUNTRY BANK ERS.
accounts of
Phenix Insurance Co.
OF BROOKLYN,
AND
FOBT BniLDiNO,
U
Special attention paid to
York.
Autliorized Capital, R.
N EW yOBK.
Sons,
BANKERS,
NASSAU STREET, NEW YOBK.
—with interest upon balances.
New
COTTON FACTORS
16 and 18 ExcUange Place,
F. HatcA.
Personal attention dlven at the EXCHANGES to
the purchase and sale of STOCKS and BONDS for
cash or on martfln.
DEPO.^ITS BBCBIVBD— subject to check at sight
COTTON, ALL QKADKS, SUITABLE TO WANTS
of spinners,
Offered on terms to Suit.
Charles mathoff.
A. C. TON Gundell.
&
Henry
Arthur M. Hatch.
Hatch.
T.
BKA.VCH 0FFICE8 { .JSg ^^^^
"M!," e w'Ji a'C'in
eeuK Advancet Made on Omisignmenls.
Mob. 2
yi/auer T. Hatch.
N'UhH W.
W. T. Hatch &
MERCHANTS,
LOAI«S
21, 1885.
^isccHaueous.
Cottun.
i£/Otton,
Woodward &
[March
uero packed ready for
may be saiil tn represent
Ham curinj: in the Itiitod Slates, it appears (n nie
that no hiim.'i Ik tin' \\orUt eau .'•urpass iIk- Anierieau
for purity, ele«Dlii'e?«* and tlavor."
(OF LONDON.)
•ALFRED PELL,
Eesident ll^anagtr.
ntiiil they
e.vp«trt: andafslliis hnu.-^c
ImniUci,
Coy, Pine
& PVu/zam S/f
@FedFRASER