View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

MERCHANTS’ MAGAZINE,

HUNT’S

gUffuSttst?!?*-

%
REP

RESENTING THE

INDUSTRIAL AND COMMERCIAL. INTERESTS

OP THE UNITED STATES
NO. 978.

SATURDAY, MARCH 22, 1884.

VOL. 38.

slow and backward,,
the weather wretched with floods in the Southwest, and
THE CHRONICLE. the prospects of railroad business not favorable.
Gladstone’s Health’ and a
The Financial Situation
341 Mr.
Change of Policy
348
That $600,000,000 Stock of
On the latter point the further reduction on Thursday in
New York State Railroad Re¬
Gold
port
349 the trunk-line rates from
Lords and Discounts of Our
Chicago is by no means a promis¬
Banks
345 Monetary and Commercial
349
English
News
The Legal Tender and Consti¬
and Miscellaneous
ing feature. With this last reduction (making 15 cents in
tutional Amendment
346 Commercial
News
349
St. Paul’s Favorable Showing. 347
all), it only costs 15 cents per 100 lbs. to carry grain by rail
THE BANKERS’ GAZETTE.
all the way from that city to New York.
At first
Quotations of Stocks and Bonds 353
Money Market, Foreign Ex¬
New York Local Securities.... 354
change, U.S. Securities; State
sight this would be supposed to stimulate the movement
Railroad Earnings and Bank
and Railroad Bonds and
Returns
355 to the seaboard and so it may; for 15 cents per 100 lbs.
Stocks
351 Investments,
and State, City
Range in Prices at the N. Y.
Stock Exchange
352 j and Corporation Finances... 356 means a saving of 9 cents per bushel on wheat.
But
THE COMMERCIAL TIMES.
before this marking down of rates from 30 cents began,
Commercial Epitome
360 I Breadstuff's
365 there was
just about 9 cents difference between the price of
367
Cotton
360 I Dry Goods
grain in Chicago and the price in New York, so the reduc¬
tion makes no change except in permitting a movement
Thb Commercial and Financial Chronicle is published in which prices before prevented, that - is, if we suppose any

[business drags, spring trade is

CONTENTS.

---

very

--

,

%hz Chronicle.

Saturday morning.
road received full rates under the old schedule.
[Entered at the Post Office, New York, N. Y., as second-class mail matter.]
New York every

shipments all along, we
must suppose that the cutting which has been in progress
has equaled the reduction.
Whether the roads can find
fun enough to pay for the loss in handling and moving
grain to the seaboard under this arrangement we cannot

ever,

TERMS OF SUBSCRIPTION-PAYABLE
(including postage)

For One Year

IN ADVANCE:
$10 20

do
subscription in London (including postage)......

For Six Months

Annual

do

do

Sixmos.

do

prices include the Investors’ Supplement,
month, and furnished without extra charge to
These

6 10
£2 7s.
£1 8s.

As, how¬

there have been considerable

issued every other undertake to say.
subscribers of the

approximate idea of how the operation will affect
be gained by calculating the return which
15c. per 100 lbs. will afford on the basis of mileage
London Office.
between New York and Chicago, and then comparing such
The office of the Commercial and Financial Chronicle in London
cost per ton per mile at which
is with Messrs. Edwards & Smith, 1 Drapers’ Gardens, E. C.. where return with the average
subscriptions and advertisements will he taken at the regular rates,
freight was moved on the respective roads during recent
and single copies of the paper supplied at Is. each.
An

Chronicle.

Subscriptions will be continued until ordered stopped by a written
order, or at the publication office. The publishers cannot be responsible
for remittances unless made by Drafts or Post-Office Money Orders.

A neat tile cover is furnished at 50 cents;
cents. Volumes hound for subscribers at $1

postage on the same

is 18

00.

WILLIAM
It. DANA
william*
DANA Sc
& Co.,
Co.A Publisher
Publisher*,
WIJLLIAM_B,
79 & 81 William Street, NEW YORK,
JOHN flT?mvnNAY
g. floid.
Post Office Box 958.
^
......

>/

income may

the mileage stands between New
the principal roads.
Pennsylvania and Fort Wayne route
912 miles

years.
Here is how
York and Chicago on

Michigan Central
961 miles
OFFICE OF THE CHRONICLE.
Erie and Chicago & Atlantic
986 miles
The publishers of the Chronicle have established an office
Fifteen cents per one hundred pounds is equivalent to
in London with Messrs. Edwards & Smith, No. 1 Drapers’
just three dollars a ton. Dividing this by the mileage
Gardens, E. C. All business pertaining to subscriptions and
advertisements will be promptly attended to at this office, and given, we find the ifate realized per mile to be 0-329 cent
of the Pennsylvania route, 0-312 cent in the
any information furnished regarding the Chronicle, the in the case
Investors’ Supplement and other publications issued from case of the Central, and 0-304 cent in the case of the Erie.
New York Central and

LONDON

.

the Chronicle office in New York.

Turning

now

to the cost of

moving freight on the respect¬

change will be made in the method heretofore in ive roads,
we meet with the following figures, which, with
practice for the payment of yearly accounts by old sub¬
the exception of those of the Lake Shore (covering 1882),
scribers, and they will remit, as usual, by drafts through
cover the fiscal or calendar year 1883. It should be under¬
the banking house of Messrs. Morton, Rose & Co.
stood that the figures show the average cost per mile on all
No°

freight of every description through and local. As local
during freight, being hauled only short distances, costs more to
financial handle than through freight, it is likely that if the latter

FINANCIAL SITUATION.
There has been but little change in the situation
THE

the

past week.' The

disturbed feeling pervading

separately, the result would be less unfavor¬
extent the outlook has improved.
But as no effective able to the roads than given. On the other hand, in the
case of some of the lines, particularly the Erie, the large
remedy for existing financial ills has earnestly engaged
the attention of Congress, the threatened evil is only for amount of coal freight included should operate to make
the time being at rest, not removed. In the meantime all the average on all freight nearer the minimum.
circles two weeks since does not exist now,




and to that

were

stated

342

THE

Cost per ton per mile on Erie....
Cost per ton per mile on Central
Cost per ton per mile on Pennsylvania

Cost per ton per mile on
Cost per ton per mile on
*

Tlie rate in 1883

in 1880

xvas

0*519 cent.
*0*680 cent.

lines east..
Pennsylvania main line..
Lake Shore (1882)

unusually higli.

CHRONICLE.

In 1881 it

vas

0*562 -cent.
0*477 cent.
0*413 cent.
only 0-56 and

only 0*54.

On the basis of the lowest cost here

given, there would
to be a loss of one tenth of a cent per Ion per mile
(the difference between the 0*312 cent received and the
0*413 cent cost of
moving), while on the basis of the
lines more expensive to operate, the loss would be twotenths of a cent and over, for every ton of freight moved
one mile.
In other words, in carrying freight at 15 cents
there would appear to be a loss varying from 90 cents to
§2 on every ton of freight moved from Chicago to New
seem

York.

Last

per 100
It is

lbs. for the same class of freight.
pleasant to turn to a more favorable feature in

summer

railroad circles.

the trunk lines

received 25 cents

The movement to

compromise the differ¬
Quincy and the Union Pacific and the
settlement of the dispute in the Northwestern Traffic Asso¬
ciation, are events of that nature. The Quincy managers
ences

between the

have hitherto not found it to their

advantage to accept any
the part of the Union Pacific and its
Western pool to adjust the differences

of the offers made

allies in the

new

on

they
as
was

this

quickiy absorbed that

were so
soon

[Vol.

the

as

removed.

pressure
But there

of

an

was

xxxvin.

exchang^r^^
unexpected

an

had not drawn the full amouut
orkn.
nally intended, and that more bills from the
same
source
might come upon the market. This
possibility increased to an extent the risk of gold exports and
induced bankers to prefer fast steamers for
the trans¬
mission of the metal to London.
Then, again, the fact
that money is, concurrently with these
exports, going to
the interior, and that our
money market has, therefore
exhibited a hardening tendency, with the
prospect that
before the end of the month it
might become more active
(especially if speculators should aid in making it so), has
had its influence upon the operations of
foreign bankers
The latest report indicated that
2-J per cent was the rate
in the open market in London, and that was
early in the
week, before the Bank had received the $4,500,000
shipped from
8 th inst.
here on the
It
was
reasonable
to
that
a
little
lower
expect
rate
would follow the arrival of so large a
consignment of
American gold ; so if money should at the same
time
suddenly spring into activity here it might not only be
desirable for foreign bankers, as well as
others, to have as
large an available supply as possible, but the margin of
profit in moving gold,which is very small,might disappear
agency

arising out of the Nebraska business of the two lines, All these considerations combined have tended
which differences are inflicting serious damage upon
gold exports this week, and they may continue

all the roads concerned, as
A continuance of these

threatens

we

show later

in this article.

more

relations

demand

on

inharmonious

also

supply

impression that

or

less
this

influence
week

ha3

in

that

been

to

limit

direction.

to exert
Tart of the

Cuban

account, the

on

deprive the members of the tripartite financial condition of affairs at Havana being such as to
pool of nearly all the advantages they hoped to obtain induce capitalists to transfer their funds to London. The
by combining.
Conferences having proved abortive, mercantile inquiry has been light, mainly for the reason
an
agreement was made or announced on Wednesday that importers who could do so have refrained from
for reference of the matters in dispute
to committees purchasing while bills were so high, preferring to wait
appointed by the respective companies. What will be for the chance of a reasonable decline.
the result it is difficult
now
to determine, but it is
The stock market has in general been
strong through
expected that there will be a speedy and possibly a per¬ the week. Monday afternoon there was a little set back,
manent settlement of all the vexed
questions, although but the market rallied next day, supported by an advance
from the nature of the contest, both companies
occupying in Pullman, the Grangers, the Gould specialties, and the
the same territory, the adjustment will be difficult to make. St. Louis & San Francisco
stocks.
On Wednesday
to

The extension

of

the Northwestern

Traffic

Association

feature

scarcity of Michigan Central shares, and
Wednesday evening. This combina¬ the inclination was upward for that and the leading
tion embraces the St. Paul, the Northwestern, the Minne¬
properties until the late trade, when unfavorable traffic
apolis & St. Louis and the Omaha, and indirectly the returns of the Union Pacific for January, remarkedupon
Rock Island.
Several conferences were had between
below, encouraged the bears to attack that stock. The
the managers of the respective lines, and
finally the decline, however, was only fractional, for before the close
proposition submitted by the Rock Island was to form a the news was received with regard to the measures taken
pool for two years, after which thirty days’ notice of with- to compromise the differences between the Union Pacific
drawal should be given, the question of
percentages to be and the Chicago Burlington & Quincy. On Thursday
fixed by arbitration. The Northwestern first insisted
upon the Grangers and Union Pacific were strong in the morn¬
proviso for withdrawal before the expiration of the two ing on the annnouncement of the extension for two years
years, but it is understood that it yielded this point, and of the Northwestern Traffic
Association, and although the
therefore the pool was formed.
bears attempted to break prices
they were only partially
Another event of the week has been the
recovery in and very temporarily successful, the market being ad¬
foreign exchange and further shipments of gold. This vanced late in the afternoon. On Friday, the further
has had no influence on our markets, only taken in con¬ reduction in East-bound
freight rates exerted an unfavor¬
nection with other circumstances it induces caution.
The able influence in the early trade, but the
strength of the
amount which has gone out is $302,804 on the 20th Northern Pacific
group of stocks served to hold the
and $605,258 on the 19th.
Other shipments were market steady the rest of the day.
expected for to day by the City of Chester, but as the
A feature of the market has been the rise and
activity
steamer
will not leave until Monday it is not known in the
prices of bonds. It has bean observable for some
as we write what will
go by her.
The Donau sails time past that though stocks were languishing, bonds
to-day.
She is a slow boat and will take only showed considerable animation. This week the move¬
$377,003. All the week the supply of bills has nearly ment has become so pronouucad as .to merit
special
equaled the demand, which fortunately was not urgent.' mention. There can be no doubt that there is a
large
The bills drawn last week
by the agency in this legitimate investment demand for the better class of such
city of the Bank of Montreal, on account of the Canadian securities, for when stocks fall into disrepute bonds natu¬
Government, amounted to not more that £600,000, and I rally increase in favor. But the movement now is not
was

announced




on

.

one

wa3 a

23,

BfAECH

to

ifined
codj

1884.]
the beLter

established reputation as

standing and integrity the future alone

and whose

^Yotormine—have been made to share in it. When a
rime investment security which is in meagre supply
hcords an advance of £ or 1 per cent on small transacor

tions,

has

circumstance

tjj0

made at long intervals,

sales

between

no

significance,

special

w{ien bonds of a less unquestioned character,
which have lain dormant for months, or else have shown
hut feeble signs of life, suddenly spring into activity, sell
^ut

amounts, and score an advance of two or
three points in as many hours, the transaction is of a
different character. And of this nature many of the
transactions in the last ten or twenty days have been. We
iii enormous

would by no means reflect upon the
bonds that have appreciated in market

343

CHRONICLE.

class of bonds. Semi-speculative

-bonds that have no

securitieset,

THE

great majority of

value during this
period, nor is it to be understood that because a security
is quoted at a low figure, its standing is necessarily to be
called in question—there are not a few of these latter
generally
known to the public—but there is as much distinc¬
tion between bonds as between stocks, and a rise in price'
should not of itself predispose one to making purchases.
because their merits are not yet

There are some

manufacturers of mortgages still existing

18S1

the Union Pacific.
1834.

1383.

$
1,533.908
1,305,36-4

$
1.916,854

Name.

Pacific—
earning*

Union
Gross

Operating expenses
No?

earnings

Chic. Pari. <£
Gn ss earnings

Quincy —

Operating expenses

1,019,122

2,175,280
1,393,717

$
1,656,005
1,003.098

233,544

897,732

781,569

652,907

*

1,618,220

1,625.080

1,653,834
838,919

1.307,948

S 18,-83

635,514

807,397

769,915

596,059

'487,291
415,066

463.762

516,128

307.477

334,996

215,792

72,225

118,60'8

Net earnings

Operating expenses
Net earnings
we see

1881.

«

1,-.-12,706

Denver d- Iiio Grande—
Gross earnings

Here

1832.

345,154

-

181,132

7 ..1.889

!

91,635

that all three roads sustained, a reduction

earnings this year, though both the Denver & Rio
Grande and the Burlington & Quincy had a small increase
in gross.
Previous years' returns also afford a lesson, but
we have not space to indicate it to-day.
There is very little doing in securities between London
and New York and that little is confined to arbitrage ope¬
rations.
The following shows relative prices in London
and New York of leading securities at the opening
each day.
of net

•

Jfell. 17.

Mch. 19.

Mch. i8.

Mch. 21.

Mch. 20.

'

which sell low,

prepare the January earnings aud expenses back to
for the Burlington, the Denver & Rio Grande, and

to

controlling mortgages with no limit—and they will
meet the demand.
Union Pacific has issued a statement for the month of
January which we have already alluded to.
Briefly

decreased $377,916, reducing
$1,538,91)8, and on this total of over a million

stated, gross earnings have
them to

and

a

half the company made

only $233,544 net, against

loss of
$6G4,1SS, on mileage of 4,256 miles in 1884 and only
3,996 miles in 1883. The unfavorable result is due to a
variety of causes. Owing to the completion of the Northern

$897,732 in the month of January, 1.8S3, a

Lond'n

Oregon and Washington Territory. For the
same reason it now gets only one-half of
the Montana
business—the traffic of which must be very profitable,
since it affords a haul over the whole of the Utah
Northern road and the entire length of the Union Pacific
main line.

Then

the business from Utah and Colorado

on

competition with the Burlington & Quincy and the
and has caused
very serious reductions in rates, while also the road had

the

Denver & Rio Grande has been very severe

As far as
the division of Montana traffic with the Northern

to contend with
concerns

an

unusual amount of

snow.

2378

123%
113%
23>a

Pl"98

913-o

L7.8.4a,c. l2i‘o2i
C.8.4^s. 113*00
■erte

2d

con.

ill. Cent.

v. y, c..

115 51

Reading

29-18+

Lond'n

122" 752

11342
24-05
91 81

131

131-34

11034

115-50

29 21 +

Ont.W’n

9-54

5814
10-34

3t, Paul.

91-96

9‘ %

92-20

Can.Pac.

54-45

54%

54-74

A\ l

N. Y.

Lond'n

Lond'n

N.Y.

Lond'n N.Y.
prices* prices,

12299*
123% 122-754 123% 122-754 124
113% 113 42 113% 113-42 113% 113-42
24-05
24"05
24-17
24
24
2434
92-30
*. 2 30
92
91%
9136
13P53 131% 1 31 "5S 1313-3 131-58
131
116*12
*45% llc-87 i 15% 11612 116
58

5S

58

28-901

113-3
92

2V84+
.

92*55

92%

92-55

54-74

55

54-62

92%

124?^
113%
23%
92

131%
115-44
57%

.

9304

93

54-74

54%

Etoh’ge,
cable
*

.

4'90%

4-91

4-91

4-91

4-01

Expressed in tlieirNew York equivalent,
value.

t Reading on basis of $50, par

Pacific, the Union Pacific has lost the through business to
and from

N.Y.

ipr'ices.* prices. price.s.* prices. prices.* prices. prices.* prices.

J Ex-interest.

Money has been in a little better demand on call. That
to say, whereas a week ago it was difficult to lend
at 2 per cent, the transactions this week have been more
numerous at that rate and fewer at 1J.
There is also a
good inquiry for t'icae loans, 3 per cent being bid on
government collateral for thirty days and 4^ on stocks for
ten months.
The Treasury disbursed liberally for called
bonds during the early part of the week, a call for
$10,000,000 falling due on 15th inst., and this has tended
to augment the supply, so that the slight hardening of the
rate indicates that had it not been for the Treasury

is

is a permanent loss. The loss of the payments higher figures would have ruled. The following
Oregon business, too, will be a continued unfavorable statement, made up from returns collected by us, exhibits
feature—till the juncture with Oregon Navigation lines by
the week’s receipts and shipments of gold and currency
the Oregon Short Line shall have been effected, when
by the New York banks.
the Union Pacific, like the Northern Pacific, will be able to
Net Interior
Received by
Shipped by
offer all-rail connection to that territory.
But as relates
Week Ending Mch. 21, 1884.
Movement.
N.Y. Banks. N.Y. Banks.
to what were the chief factors in the present unsatisfactory
Loss. $375,000
*#1,015.000
$640,000
fJnrrp.nr.y
Loss.
300,000
800,000
Gold
showing, namely, the “cut” on Colorado and Utah rates,
Loss.
$(575,000
$1,315,000
$640,000
Total gold and legal tenders
and the expense of keeping tracks clear of snow, these of
course are temporary in their character.
The restoration
Includes $475,000 transferred in the shape of silver certificates, by
of rates, for instance, would cause an immediate improve¬ a deposit of gold in the Sub-Treasury.
The above shows the actual changes in the bank hold¬
ment in results, and the snows certainly are not a lasting
circumstance.
The adverse effect that these snows had ings of gold and currency caused by this movement to
In addition to that movement, the
will only be fully appreciated when it is known that and from the interior.
according to the Assistant General Manager, they were banks have gained $3,000,000 through the operations of
heavier than in the winter of 1871-2, when the Union the Sub-Treasury and lost about $1,000,000 by exports
Pacific in. January was operated at a loss of over $100,000. of gold. Adding these items to the above, we have
Of course the other competitive roads suffered in like th£ following, which should indicate the total gain to
the New York Clearing House banks of gold aud cur¬
manner from the low rates prevailing, &c., and it will,
therefore, be interesting to see the extent to which each rency for the week covered by the bank statement to
was affected.
Accordingly, we have been to the pains be issued to-day.
Pacific, that of




course

■

*

344
i

THE CHRONICLE

Week Ending Mch. 21,1884.

Into Banks.

Out of Banks

Net

idle in

Change in

Bank Holdings.
Banks’ Interior Movement, as above

$640,000

$1,815,000

Loss.

our

banks and

ber than at the

$675,000
2,000,000

Sub-Treasury on the

same

date in

[vol.

xxxnn

1st of

lasTNovem

1880, 1881

and

those

1882 but

depositories, in the aggregate, contained 21
millions
Total gold and legal tenders
$2,640,000
$1,315,000
Gain.$l,325.000 less gold than they did November 1,
1881, and only 20
millions more than on November 1, 1880,
Government bonds have been strong this week, with a
although accord
ing to the Mint report the country since November l
good demand for the 4s and 4-Js for temporary investment,
1880, has increased its holdings of that metal 153
such as is usual at this period of the year.
million
dollars.*
The Bank of England reports a gain of £1,619,000
Another fact in the same
Bub-Treasury operations, net.

bullion for the week.

2,000,000

This represents

Gain.

connection

worth remem¬
about 78 millions

£190,000 from the

bering is that the Government issued
£1,429,000 from abroad, chiefly New York. of
gold certificates during the year ending October 1,1S83
The proportion of reserve to liabilities has increased 4
per an instrument which
one would
think
cent.
peculiarly well
The Bank of France shows a gain of 2,975,000
adapted
for
economizing
the
use
of
gold, and very potent
francs gold and of 2,600,000 francs silver, and the Bank
in drawing into the Treasury, and therefore
of Germany has lost 2,200,000 marks. The
bringing into
following indi¬
sight,
gold
in
active
which
was
use or hid away
cates the amount of bullion in the
among the
principal European banks
are
much
easier
for
the
people.
Certificates
public to hold
this week and at the
corresponding date last year.
and carry, and also much safer, for
they can be put into a
Mch. 20, 1884.
very
small
space ; furthermore, they are not only an
Mch. 22, 1883.
explicit
promise of the Government to pay gold, but the
Gold.
Silver.
Gold.
Silver.
actual representatives of gold on
deposit in the vaults of
£
£
£
£
the
reasury pledged to redeem them.
What more
Bank of England....
25,251,913
22,620,724
Bank of France
39,905,378 40,092,987 39,843,738 42,537,613 effective device could be suggested •_ for
attracting or
Bank of Germany...
7,729,662 23,188,988 7,928,£>00 23,784,000
gathering it up? And yet during the year ending October,
Total this week
72,886,953 63,281,975 70,392,462 66,321,613
1883, while these 78 million gold certificates were issued,
Total previous week.
71,176,453 63,260,475 70,394,551 66,652,607
and while the stock of gold in the
country, according to
The Assay Office paid $217,017
through the Sub-Treasury the Mint report, increased about 43 million dollars (reach¬
for domestic bullion during the week, and the Assistant
ing in the aggregate 606 millions at the end of the year),
Treasurer received the following from the Custom House. the stock in sight
(including that covered by the gold cer¬
tificates) only increased about 21 million dollars; that is to
Consisting of—
Date.
say, not only of even the year’s increase was kept in sight,
Duties.
zr. s.
Gold
Silver CcrGold.
while the old stock was wholly unaffected. That
Notes.
Oertif.
tificates.
certainly
is
incredible
;
the
certificates
would
have
Mar. 14...
$524 291 17
$11,000 $85,000 $263,000
tapped such a
$166,000
15...
375,315 60
5,000
39,000
196,000
135,000
large reservoir had it existed.
17...
422,768 90
6,000
41,000
285,000
90,000
But let us carry the investigation one
18...
step further. Ac¬
488,935 68
12,000
45,000
304,000
127,000
19...
222,537 53
12,000
5,000
170,000
36.000
cording to the Mint report the stock of gold has been as
20...
214,538 86
4,000
15,000
139,000
56,000 follows at the dates
named, and according to the Comp¬
Total... $2,248,387 74
$43,000 $237,000 1,357,000
$010,01 0 troller of the
Currency the holdings of the banks (National
and State), and of the Sub*
Treasury, have been as given
below, at about the same dates.
THAT $606,000,000 STOCK OF GOLD.
interior and

j

“

“

“
“

“

We wish to say a few words
respecting the current
official estimate of the stock of
gold in the United States.

Every now and then the Director of the Mint puts out
figures purporting to cover this item (which, of course, he
has confidence in, being based on Government
statistics,)
but which in the opinion of commercial men familiar with
the subject are very erroneous.
No great importance

In tin- Vnitcd Slates—

Nov. 1. ’SO. Nor. 1,
8

Gold coin
Gold bullion

Total gold in United States
Gold in

all

’81.!* Oct.

1.

’82.; Oct. 1, ’83.

l*|.«

! 370.323,881 ■109,00' >,G0<'1512,191,030;544,512,09!)
! 78,558,811
94,075,744] 51,440,420j 01,083,810

!453,882,092 503,075,714 503,031,450 <500,196,515

banks, including gold!
certificates, and in Sub-Treasury
excluding certificates

j253,f>32,511

294,905,509! 20t >,455,297 273,179,117

Leaving in hands of the people'200,250,181 208,170,175'303.170,159 333,017.398

would attach to the

question were it not that these exces¬
used to encourage unsafe opinions among

Our purpose

with the above statement is to locate the
There is no better way of testing the truth of
a numerous class who are
inclined to put implicit faith in
the assumption that we
possess it, than to hunt for it in
any statistical statement issued by the Government.
Thus its
reputed hiding place. Of course if it is in the country
when gold shipments in a
large amount are threatened, a it must be either in bank
or
in the Sub-Treasury,
or
telegram comes from Washington saying, the Director of in
daily circulation or hid away in old stockings. Mr.
the Mint esteems this of no moment whatever since we
Knox each year about the first of November receives a
have 606 millions of gold in the
country and it would be return of the
holdings of all banks, national and State,
a benefit to lose a
little; or, if the Chamber of Commerce and the
Sub-Treasury publishes its figures on the first of
complains that silver coinage is becoming unsafe, the next
each month.
In that way a total,
covering about every
day the daily press receives pretty nearly the same old dis¬
dollar belonging to any public
depository of the country,
patch, only with a new date, and adding that nervousness
is obtained.
Hence in the above we have deducted the
on account of silver dollar
coinage is quite uncalled for in amount so found to be in bank and
a
Sub-Treasury from
country possessing 606 millions of gold.
The question Mr. Burchard’s stock of the same
date, and that leaves a
thus becomes important—are there 606 millions of
gold in remainder all of which if the Mint Bureau is not in
sive

figures

are

supply.

„

the United States ?

If

our

readers will follow

us

briefly

error,

must

obviously be either in active circulation or hoarded.
we think we can show most
clearly that there is no such
Taking for instance the statement for October, 1883, we
amount, and that the statement is a gross exaggeration.
have a balance outside of bank and
As a preliminary thought,
Sub-Treasury of 333
is it not surprising, if such a million dollars. That the
reader may understand
marvelous stock exists, that no addition is made to
just
the
We adopt November 1,1883, for tbe
portion which is in sight at this time of great business in¬
comparison, because we have no
figures for banks other than National except through the Comptroller’s
activity ? Many more legal tenders and bank notes were returns of that date.




*

March

22,

345

THE CHRONICLE.

1884.J

^^a7means,Tet us call 'the population of the United

week, not included at all in any of the Government state¬
ments.
The Custom House first gave the week’s total

States

gold exports at $6,177,192, and a week later it added
$450,000 as omissions ; but even with its additions it
was short
$250,000—the total shipments of gold that
week being $6,877,192, the portion of American gold
coin being also in that amount larger.
We mention this error only to illustrate the kind ot
omission that of necessity becomes a part of the gold
record of the Mint Bureau.
The above investigation
shows that the estimated stock is obviously an exaggera¬
tion, and this instance indicates one way in which it
may have become very largely misleading. The item of
consumption of American coin in the arts is also purely
estimate, and therefore another source of error. But we
forbear.
Enough certainly has been said to eliminate

the usual allowance of
family must have
bank) constantly (not occa¬
sionally) during the past year over thirty gold dollars !
Is it necessary to add another word in proof of the
inaccuracy of the Mint statement ? The truth is, there
is actually no gold in circulation, and the merchant is the
rare exception in New York or any other city this side of
the .Rocky Mountains, who has seen thirty dollars in gold
even through an entire month, unless drawn from bank
55 millions, and making
five persons to a family, every
had in its possession (not in

special purpose, and the most of our people have
not seen that amount in a year.
But we repeat, a stock in
the United States of 606 millions requires us to assume that
each family in the country had every day of the year
over thirty dollars in its constant possession, and as there
this hypothetical stock of gold from all future discussions
is practically no gold in circulation, we are forced to the
touching silver coinage or gold exports.
conclusion that every household has hid away on the
average thirty dollars of this metal!
The proposition is
LOANS AND DISCOUNTS OF OUR BANKS.
so utterly untenable that it would be wasting words to
dwell upon it further.
A communication in the Boston Advertiser under the
We might stop our inquiry here, but we have such a well known initials of “ A. W. S.” calls attention to a
clear and recent proof of one way in which the error defect in the reports of the National banks as now issued
of the Mint Bureau has occurred that it may be more which is well worthy
of consideration. The item this
satisfactory to refer to it. Our readers know the process
correspondent wishes more in detail is that of loans, and
by which this imaginary stock is determined. The total as the writer is President of one of the largest banks in
gold coinage less recoinage is accepted as the increase for Boston, where the lessons taught by the failure of the
the year, diminished or added toj^y the official record of the
Pacific National Bank are not yet forgotten, he speaks
imports and exports, and that total is then decreased by the strongly and from a knowledge of the misconception the
estimated takings of gold coin for consumption in the
present mode of making returns may encourage.
To make the Mint process clearer we insert the
arts.
The objection which is urged against the usual form of
following extract from a letter from Mr. Burchard to us
report is that it offers a cloak for covering up unsound¬
Dec. 11, 1883, which also shows the result down to Oct.
ness.
The heading “ Loans and discounts ” represents
31, 1883.
not only the largest item in the return,
but under
Gold in tlie country January 1, 1879
$273,271,707
it
we
have
the
substance
of
the
bank;
yet
in the
Gold coinage for tlie period from January
1,1879, to November 1, 1883
$287,183,524
total an overdue debt or an absolutely worthless piece of
United States gold coins re-melted
1,831,928
paper when included counts as much as the same amount
Net coinage
$285,351,596
put out on a government collateral. It is scarcely neces.
Imports of United States gold coin
$40,222,999
sary to say therefore that the make up of this item is of
Exports of the same
41,067,554
even more importance to the public than the details of the
Net exports
$844,555
Making a total gain of
284,507,041 reserve, as the latter is simply the advance guard for
for some

Add bullion in the Treasury

$620,171,595
Deduct

gold coin used in arts from

November 1,1883,
Total stock

January 1, 1879, to

(estimated)

gold November 1

12,800,000
$607,371,595

be seen contains at least
the estimated amount of
American gold coin used in the arts, and the other is the
imports and exports of coin. Passing the former on this
occasion, the latter is a portion of our Government
statistics most liable to error of any it issues, for no
consignor or consignee has any interest to disclose the'
fact to the Government whether his shipment or receipt
is American, English or French coin or bullion, while
frequently his interest is to keep it concealed. Even the
bare item itself proves the truth of this assertion, and
establishes its untrustworthiness, for it shows that all our
exports of American coin since January, 1879, had been
on November
1, 1883, actually returned to the United
foregoing process it will
uncertain factors; one is

The

two

States except $844,555.
But there is also direct evidence of

this inaccuracy.

previous occasions cited erroneous classifica¬
tions which have come to our knowledge in this particular,
We have

on

depends wholly upon
greater fund.
But while this

is true, it




is by no means evident that

drawn up as to disclose the contents
vault, if the party preparing the statement
desires to conceal the truth.
In the case of the Pacific
Bank of Boston, and also of the Mechanics’ Bank of
Newark which failed the same year, we doubt whether
any classification of the loans would have been effectual.
In the latter institution, if we remember rightly, false
entries were made, even forged letters from correspondents
were issued
indicating balances in favor of the bank which
did not exist, while forged paper was put among the
assets payable at places remote from the bank.
In the
matter of the Pacific Bank, the impairment of capital was so
covered up by irregularities in the loans, that one would,
we think, have to present a special schedule, only possible
to prepare after examination, to bring out the real facts.
It is unfortunate that such returns are possible as were
made by these institutions only a very little time before
their weakness was disclosed, but we should be at a loss to
know what division of the item in question would have
served to uncover the irregularities existing. In fact, where
there is a purpose to deceive, there is no limit to the
devices which can be adopted to conceal wrong acts in a

any

return can be so

of the bank

imports and exports, showing that the Mint’s process
was faulty.
We have now another instance to record which
occurred in the gold exports for the week ending Satur¬
day, March 8.
There were $250,000 that went out that published statement.

both of

while ultimate safety
the efficiency of the former and

62,392,847 meeting and resisting an emergency,

November 1, 1883

fiv#j

'iVr-

346

THE

CHRONICLE,

rvOL.

'

XXXyIU<

Still, the suggestions of “A. W. S.” would be of use measure in time of war.
And, finally, Mr.
unless there is objection to the
public disclosures which from Delaware, besides going as far as Ba,yard7Senat^
Mr. Hewitt
honest bank officials might have to make at times.
in atl
He absolute
prohibition upon Congress to make
anythin
proposes that the item of “ loans and discounts” should be
legal tender except gold and silver coin, adds to it
divided into three parts, as follows.
«no
1. The
amount pass
any law impairing the obligation of contracts.”
considered good.
This
2. The amount suspended, overdue is all very well as far as it
goes, but that is not
and doubtful.
3. The amount overdue and
sayiCg
unpaid much. The two House resolutions were

for

more

than

six months.

This

the division used under the Canadian
remarked upon a few weeks since

is not very unlike
bank law which we

though less specific.
cannot, as we said above,
see that there would be
any great gain, for one can readily
imagine how easy it would be, if the disposition existed,
to cover up the
special disclosures called for in any such
But in

case

actual fraud

we

All loans would be considered

return.

of that

of

description, and

as

good to

an

officer

to overdue debt he could

easily

keep it alive by renewal if that
the good standing of his bank.

were

necessary to retain

Should it not likewise be remembered in

or

These

not.

as

is

re-

1

•

•

,

of

and

,

amendment aimed at the
power to issue fiat

an

even

legal-tender

the

notes.

But

manifestly

sort

money

any measure

subject of
currency stands but a poor chance
of consideration in the House until
after the
appropria¬
tion bills and the tariff
question are out of the
upon

the

it

is therefore the
part
first and to send down

way; and

of wisdom for the Senate
a

resolution of

discussing this speedily

question, that our banks are already subject to the visits
of a public
examiner, which are supplementary to and,
as it were, a
part of the published returns. Once a year
(and oftener if he thus or otherwise finds such visits need¬
ful) the Comptroller is supposed to know whether a bank
is sound

sent,

quired under the rules, to the Committee on the
Judiciary
That was not quite the same
thing as giving the matter in.
stant and
respectful interment. For there is reason to
hope
that a majority of the Committee will
favor some

to act

amendment

as

as possible, to be acted on
when the financial bills have been

by the other branch
passed or rejected.

But it is

precisely in the Senate that progress bids fair
and leisurely.
Mr. Garland’s resolution Iks
on the.table
subject to his call. Mr. Bayard’s is also on
the table, and the mover
proposes to speak upon it
to

be s’ow

examinations, though sometimes before it is even referred to the Committee
on
the
case of fraud, as every device Judies
ary.
No doubt the argument he wid make, when
must, there is good reason to believe are faithfully
per¬ he brings the matter to the attention of the Senate, will
be
formed.
Comptroller Knox has said in his reports that well worth
reading,
but
we
are
forced
to
doubt
the
in very many instances the
capital of a bank has been wisdom of delaying the reference to the
Committee, even
thus found to be impaired and the
deficiency made good if a strong Constitutional argument from Mr.
Bayard is to
without the knowledge of the
general public, and that be the compensation for the loss of time. To review
the
hundreds of instances occur
annually and many occur decision of the Court by
way of adverse criticism is
daily, wherein irregularities are discovered and corrected.
wholly idle and useless. What is written, is written.
Hence, when the returns are published, the depositor and
Only one of two things can be done. We must accept
stockholder read them with a
knowledge of this praciice. the decision as a final exposition of the
power of Congress
They are not left therefore wholly to the published figures
making
the
best
of
it, and hoping that Congress will not
for their confidence, and the
history of the national bank¬ act foolishly hereafter in
exercising its newly-discovered
ing system proves the effectiveness of these arrangements.
power ; or we must take away that
power by an amend¬
Under such
circumstances, does it not seem of doubtful wis¬ ment of the Constitution. It is
practical statesmanship to
dom or utility to enforce rules for
making returns which lend all energy to remedy the evil,
wasting no time what¬
would perhaps at times embarrass an
honest

failing in their

purpose

in

manager, and

yet would be in
-

no

degree effective in catching

THE LEGAL-TENDER AND

rogues

?

ever

in

a

discussion of the decision which reveals the evil to

If Mr.

Bayard, or any other Senator' or Representa¬
tive, or citizen, hopes for a two-thirds vote in. this
Congress
CONSTITUTIONAL limiting the power of that
body over the legal-lenders, he

AMENDMENT\

us.

must be aware that

there

are

no

votes

to

spare.
Consecertainly be unjust and premature to complain I quenfly, those who
regard the decision as a wholly errone¬
because three weeks have
elapsed since the unexpected ous presentation of the law should refrain from
fact was communicated to the
exciting
country by the Supreme any antagonisms, and
particularly
to
avoid
Court that Congress is
giving their
possessed of absolute and unlimited
opponents an opportunity to take as a line of defense the
power over the currency—and yet that
nothing, has been finality, if not the infallibility, of a decision
by the
done.
But it is not premature to
complain because those! Supreme Court.
who
It would

should have

taken up
have either

this subject with energy and \\
It is no easy matter to amend the Constitution.
Only
neglected it altogether or l four amendments have been made in
eighty five years, one
brought it rf or ward in only the most formal and perfune-1 of which was
rendered necessary by
the Jefferson-Burr
tory manner.
determination

On the

Monday after the

Jj contest, and the-other

decision

three

were

the

result

of the

war.

rendered, four? The present effort will not be successful without a
strugpropositions to amend the Constitution so as to restricts
gie.
Every
hard-money man m either House of Congress
the power of
Congress over the legal-tender money of should take a constant interest in
the subject.
Hardthe
country were introduced
two in each branch.
money men out of Congress should take an early opperThe mildest of the four measures was
that of Mr.
Garland, tunity to let every candidate know that the}7 will, under
Senator from
who would
was

—

Arkansas,
limit the issue of no
circumstances, vote for a man who will not promise to
legal-tender treasury notes to three hundred and
fifty support a limitation of the power of Congress over
millions, unless Congress should vote by two-thirds, as in the
Even after the amendment has been
currerc}'.

case

©f

a

veto, to increase the

amount.

Next is that of

carried

through Congress,

it

must

go
to
the
Potter, Representative from New Yqrk, who wishes State
this
legislatures;
and
suggests
the
great
to prohibit the
making of anything but gold and silver a of an early.organization of the friends of coinedimportance
money in
legal tender, “except after a declaration of war, when the
every part of the country to promote the ratification of tlae
public safety may require it.” Mr. Hewitt
proposes the amendment when it has been submitted to the
legislatures.
same thing, without the
exception in favor of such a In fact, too great earnestness in this matter is
impossible.

Mr.




March

347

THE CHRONICLE.

22, 3884.J

servel^^T^jj—~

surplus to date is quite another thing. This, accord¬
ing to the report before us, amounts to $5,079,079. The
posed will be
casual reader may, however, misunderstand that item.
But the first movement
The company in reality does not claim to have any such
itsdf. There is little need of
none at
accumulated surplus.
The five millions is merely the
debate upon the soundness of
difference between the receipts and outgoes up to the 31st
or of ns reasoning.
Congress possesses a power
of December, 1883.
It is irrespective of ceitain current
to Will Congressevery
capable of being
liabilities
are
which
a charge against income and which
abdicate that
oent interest of the country.
Will
should be deducted to obtain the actual surplus remaining.
Let there be a test of that question, and let those
power ?
Thus on the next day after the accounts were closed, the
who appreciate the peril set it forth as vigorously as they
company had a large amount of maturing interest to meet
iadno effort

that will

labor wasted.

abused,

can.

lated

Pro'

should be mado n
discussion,
Mr. Justice Gray’s
which is
the detriment of
«Mwa

allST
deciln
Derl“ff

_

(almost the whole of the funded debt having January and
PAUL'S FAVORABLE SHOWING.

ST.

Milwaukee & St.
Paul, issued this week in pamphlet form, bears out in full
the favorable anticipations raised by the company’s pre.
liminary statement, which we reviewed in our issue of
February 2. The report is not only satisfactory as regards
the exhibit it makes, but has the additional merit of com¬
ing to hand about a month sooner than in 1S83, and two
months sooner than in 1S82, which we accept as evidence
of a disposition on the part of the managers to give stock¬
holders and the public earlier knowledge of the company’s
complete report of the Chicago

The

doings and

affairs.

little

surplus on the year’s operations proves a

The

stated in the first return. Our remark that
the company could have realized but little from new sales
of land during 1883 (since no mention of this item was

larger than

since the company had virtually

made in the return, and

closed out its lands in the year preceding) is substantiated,
hut there was “income from other sources” to the amount

$164,707, which raises the surplus from $1,186,093, as
given, to $1,351,400—this, of couise, above all charges for
interest, &c., and also above 7 per cent dividends on both
classes of stock.
It is perhaps well to reiterate that we
have made up this surplus on the basis of the dividends paid
or to he paid out of the year 1883’s income—not the dividends
paid in the year. On the latter basis, the balance would
be still more favorable, since the dividend of April, 1883,
being on a smaller amount of stock, called for less than
does that for April, 18S4.
With this item of miscellane¬
ous receipts in our possession, we bring forward again the
table given iU our article of February 2, and change the
balance so as to make it embrace in each year this miscel laneous income—it being always understood
that the
column of “dividends ” represents dividends paid out of
the earnings of the year in which they appear.
of

i

Year.

Net
Operating
j Interest
Paid.
end of yr. E<trning$■ Expenses. Earnings.

Mileajs
-

1S79

18SQ

1881
1SS2
1888

2,359
13,775
4,217
4,520
4,7(10

Gross

$

10,012.820

$

I

*

l

*

%

5,473,795; 4,539,025; 2,357,407 1,783,819

7,742,420; 5,343,693 2,918,38!
17,025,461 10,317,931: 0,707,530 4,127,389
20,386,726 12,186,073 8,200,653 4,78',053
23,650,823 13,778,038 0,881.785 5,373.925
13,080,110

Divi¬

>■<

Balance

dends,

1,912/237
2,210,617

$
466.866
807.370

2,794,988

1.004,832
1,243,425

3,321,167

1,351,400

Including miscellaneous income, whieli in 1870 amounted to $60,0>-7;
$324,298 ; in 1881 to $635,308 ; ill 1882 to $623,813 ; and in
1883 to $164,707.
>:

in 1880 to

It is

scarcely necessary to call attention again to the
great progress that the company has made within recent
years, as shown by the above figures of gross and net
earning?, but we may note that the past year records a
larger surplus than any other, even though miscellaneous
income (mainly because of the disappearance of land sales)
was
only $164,707, against $623,813 and $635,308 respec¬
tively in 1882 and 1881. This surplus remained, too, it
will be seen, after the company had paid out nearly
$8,700,000 for interest and dividends—that is to say, it
was able to meet this
large charge (in 1879 the amount
was less than
$4,200,000) and yet carry forward a surplus
of nearly
lg- million dollars. This relates simply to the,)
results of operations for the year 1883. The total accumu¬




July as its interest periods),and this of course would diminish
the surplus about $2,750,000. Then, the dividend payable
in April ($1,660,000) was dependent upon 1883’s earnings,
and has been declared out of that year’s income.
If we
allow for both these items, there is still left about $670,000,
which, strictly speaking, is the real surplus. If this seems
a small
balance, it should be remembered that three
months’ earnings will be received before the dividend is
payable, and furthermore that a year ago $3,550,974 of
surplus profits were applied to the payment cf 71,019
shares of stock sold to stockholders at 50 cents on the dollar,
which was practically equivalent to a stock distribution
to the extent of the remaining 50 cents.
The satisfactory features in the present report, however?
are not confined
simply to the operating results of the
year.
The improvement that has been made in the float¬
ing debt is perhaps even more striking. A year ago the
size of this debt gave many of the friends of the company
much concern, though the officials apparently did not share
this anxiety.
The sum total then was over seven millions
and the offsets against it, apart from $2,969,732 cash held
(which had to be applied almost in full the next day to the
payment of maturing interest), were either insignificant or
disputed. This year the gross amount of the debt is only
$3,443,787, and the company held $3,048,965 cash, and
$1,550,232 of bills receivable and balances due it. Even
after allowing for the interest maturing the 1st of January,
which this year must have been about $2,750,009, there is
left only about H millions of the whole sum unprovided for.
As to the company’s bonded debt, the additions during
the year were as stated in our article of February 2.
The
increase amounts to $6,636,500, and the total of the debt
now reaches $96,272,000.
In speaking of the St. Paul,
critics invariably single out this feature for adverse
comment and dilate upon the extent of these funded
obligations. That the aggregate of the debt is very
large is of course an indisputable fact. And yet it is
possible to lay too much stress upon that point. The
debt covers a mileage of 4,760 miles of completed road,
wThich would give an average of only a little more than
$20,000 per mile—a figure that will not be considered
high, and certainly looks small alongside of the per-mile
indebtedness of many other companies.
It is to be noted
also that the total capitalization of St. Paul, stock and all

(the stock being $30,904,261 common and $16,540,983
preferred), is only at the rate of $30,192 per mile. But
the most important consideration with regard to the debt
of the road is, that it constitutes the sole and only charge
against net earnings preceding dividends. In the case of
most large companies, the charge for rentals of leased
lines is almost as heavy, if not heavier, than the direct
charge for interest. We may mention, in illustration, the
Delaware Lackawanna &
funded

lakes

debt calls

care

of

a

for

vast

Western, a company whose own
only $283,000 a year, and y6t it

amount

of debt

whose interest it pays in the shape
which in 1883 reached $4,663,800.

on

leased roads

of rentals, the
This

we

sum

of

state, not as

348

THE CHRONICLE.

evidence

of

but

show

to

weakness
the

on

the part

difference

Government

of the Lackawanna,

between

it

and

[you xxxv in.

was

fairly tested; and

the most unmistakable
has occurred since to

the

on

bothqu^tiohF7'

it was
sustained.

manner

Nothi
Paul, the latter’s direct debt being large simply because
change this feeling. On the contra *
its indirect debt is
nothing. It is to this distinction the success which has attended General Graham
so far
that Mr. Mitchell refers
when, after stating that the whole has in some measure soothed the public
mind; and there
4,760 miles of road operated by the company is also is no good reason to believe that a second
test vote on
the
owned by it, he remarks: “No
part of it is held upon Egyptian question, if the Government presented a
“
united
leases on which rents are
reserved, and the property is front, unless some great disaster should occur,
would
11
be
only encumbered by the bonded debt above mentioned. difficult or less doubtful. On the Irish
the
question
The company has never
feeling
guaranteed the bonds or indebt* remains what it was.
“
edness of any other
The main difficulty, it would
company and has no contingent
appear, exists .inside the Cabiliabilities of any kind or description.”
net itself.
If rumor at all speaks the
truth, Mr. Gladstone
With the increase that has taken
place in the company’s and his colleagues, while agreed on all the
St.

c

“

“

indebtedness, there

has

come

of

course an

sented in the

increase in the

yearly requirements for interest

new

Reform

bill,

with

on the same, as we have
The table above tells what the increase

points pre¬
policy to be pursued
all other questions of
im-

on

the

regard to Ireland, and on
mediate public interest, are
divided in their views
has been in the past, and,
bearing upon the future, we may regarding Egypt.. Mr. Gladstone’s plans with
regard to
say that the call for this purpose has not yet reached its Egypt are well known.
They are in harmony with the
maximum. The complete figures of the debt
given in the views which have long been popular with the more extreme
report enable us to make more exact calculations on this section of the Liberals, with the
surviving members of the
point than was possible in our previous article. On the old Manchester school, such as John
Bright and one or
debt outstanding the first qf
January the annual require two others, and with some younger men who have im¬
ment for interest is
$5,967,533, which would be $593,608 bibed their lessons from that school, such as Mr. Cham¬
more than was
actually paid in the past year. If the berlain and Sir Charles Dilke. Mr. Gladstone is
opposed
company should have to meet an increase of this amount to the re-conquest of the Soudan. He is
opposed to anyin 1884, which, for reasons stated in our
former article, is thing which would seem like the
permanent establishment
perhaps unlikely, the operations of 1883 would leave a of British authority in
Egypt. He is willing for the time,
margin of $1,351,400 with which to do it.
at least, that the British
Government be the guardian and
receiver of Egypt, and he is resolved for
the sake of trade
to adopt measures for the
MR. GLADSTONE'S HEALTH AND
permanent defense of the Red
before remarked.

A

CHANGE Sea
Littoral; but further he is unwilling to go. The
Whig
members of the Cabinet, of whom Lord
Hartington
is the
During the course of the past week, there have been
leading representative, following the traditions of their
strange, and- sometimes conflicting, rumors regarding the
party, are in favor of
a
policy at once more
condition and prospects of the Gladstone
Cabinet.
The pronounced and more
vigorous.
Prime Minister’s absence from recent Cabinet
According to them,
meetings is every step which has been taken
a known fact.
during the last four
Naturally enough it has led to much con¬ months, not to
speak of the delays and the uncertainties
jecture; and the explanations have been as varied as
they of the war in Lower Egypt at the
have been numerous.
beginning of the
Amid the mass of
conjecture two trouble, has been a fresh blunder.
They are not
OF POLICY.

things

seem certain: The

that

Mr. Gladstone is not
well, the mother that there is dissension in the Cabinet.
Whether the absence of the Prime Minister
from the
Cabinet meetings is
wholly due to the condition of his
health or in part to differences with his
colleagues, is per-j
haps doubtful. Whatever be the true explanation,his absence
from his place in the House of
Commons in the present
condition of public affairs is a fact which lends a
certain
amount of
gravity to the situation.
Later
announce an

one

reports

improvement in Mr. Gladstone’s health; but

if it should still be
necessary for him to seek for a time
the milder air of the south of
France, it is impossible but
that the programme of business which
was announced at
the opening of Parliament will be
seriously disturbed.
There is but one man in

England

regulate

and control

machine called

Gladstone.
It

is

the

the

at present who

movements of

that

Liberal party; and that

can

complex

man

is Mr.

safe, we think, to say that whatever truth there
may be in the statement that he is about to retire tem¬
porarily from the scene of active duty, while still retain¬
ing his post as Premier, we cannot think that there is
any
likelihood of any immediate dissolution of
Parliament and
consequent appeal to the constituencies. The Government
is strong with the
strength of a powerful majority; and
although there may be a pronounced anti-Government
feeling on certain subjects outside the House, it is with the
feeling of the House that the Government has to do. On
two great questions—the
policy pursued in Egypt, and
the
policy pursued in Ireland—the strength of the




unwilling
Durfar, and the greater part of
country lying to the west of the Nile; but Sennar and
Eastern Soudan they would hold for the
Khedive; and

abandon Kordofan and

to

the

the

to make

an

-

end

of that distrust which has ruined trade

and

industry in Egypt proper, they would guarantee
absolute protection to the whole
region of the Delta, by
means of a
British garrison, for a fixed and
satisfactory

length of time.
shall

The question

now

is, which of these views

prevail in the Cabinet.

Mr.

Gladstone has quite
recently declared that there
would be no
change in that part of the Ministerial pro¬
gramme which related to Egypt.
It is an
open

question,

however, how far this determination would be affected
by
his temporary retirement.
It is just possible that in his
absence Lord
Hartington, aided by Lord Granville and
Sir William

Harcourt, would be

able to push matters in
a less scrupulous

Egypt with greater vigor, and with
regard to tender consciences.

If Mr.

Gladstone’s tempo¬
ground of ill health should not be
necessary, and the opposition in the Cabinet should become
obstructive, it will be competent for the Prime Minister to
reconstruct his Cabinet and
pursue his own
rary retirement

the

policy.

not

It is

impossibility that Mr. Gladstone, consulting his

an

own

health

and

comfort, should resign ; but with the
hand, such a course is only -conceivable on
supposition of positive and dangerous illness. In the

Reform bill
the

on

event

of his

seals of

on

resignation, the presumption is that the

office would be

placed in the hands of Lord
and even in such an emergency, it is well to
bear in mind that, in the
present condition of parties in

Hartington

;

March

22,

THE

1884.]

349

CHRONICLE.

and an appeal to the constituencies
Sometimes things are allowed to
drift, and sometimes they drift successfully. If General
Graham should .succeed in breaking the power of El
Mahdi, the Egyptian policy may yet shape itself to the
satisfaction of all, and without any radical change in the
Government. However matters may end, there can be
doubt that a policy of greater energy and purpose in
the earlier stages of this Egyptian difficulty would have
prevented a world of trouble.
House, a dissolution
would he unnecessary.

the

Silver, per oz
d.
Consols for money
Consols for account
Fr’ch rentes (in Paris) fr.
U. S. 413s of 1891
U. S. 4s of 1907
Canadian Pacific
Chic. Mil. &St. Paul ....
Erie, common stock
Illinois Central
Pennsylvania
Philadelphia & Reading.
Now York Central

10178

5078
5078
10113^ 10178

102

102

5Hm

102

76*27*e 75*57*2 75*75
115
115^2
11514
55*2
94

125

125
55 78

125

553i
9334
243s
13334
61*4
293*

9334
24M
134
61i*
295*
117^4

.

24^2
134
61
29 s8

118*4

111734

Fri.

Wed.

Thurs.

50151P

501516 5078
101i5le 102

Tues.

3fon.

Sat.

London.

10178

102*3
75*50

102iie

102
75*60

115*2

75*55
11512

125

125

1155s
125*4
5534

5512

5534

9434
2412
13414
6014
298}
llBH

94

243e
13334
6OI4
29*2
118

2414
13334
61*2
2938
118

Do

York

State Railroad

Report.—We have several

Fri.

Thurs.

Wed.

Tues.

Mon.

Sat.

Liverpool
■

■

d.
9
7
0
8
4
1
8
2 *2
10
0
0
0
0
O

s.

6tate)..100 lb.
Wheat, No. 1, wh.
“
Spring, No. 2...
“

Flour (ex.

Winter, South, n
Winter, West., n

“

“

11
8
8
9
8

d.

s.

11

d.
9

8

7

8
9
S
8
7
5
4
70
45
92
47
71

0
8
4
1
8
0
9
0
6
0
3

s.

11
9
8 7
8 0
8
9
8
4
8
1
7
8
5 2i2
4 10
70 0
45 6
92 O
48 0
71
0

4

d.
9
7
0
8
4
1
8
0
9

45

O
6

s.

11
8
8
9
8
3
7
5

d.
9
7
8 0
9
8
8
4
8
1
7 8
5 0
4 88*
70 O
45
0
91
0
47 0
70 0
s.

11
8

d.

8.

11
8
8
9
8
8
7
5
4

9
7

90

0

0
8
4

1
call attention to the useful work our Cal., No. 1
“
8
7
Cal., No. 2
“
1
5
State Railroad Commission was rendering in various ways. Corn, mix., old...
“
“
mix., new..
70 0
70
We have now to commend them for the promptness and ef¬
Pork, West.mess..$ bbl. 70
45 0
Bacon, long clear, new.. 45
92 O
ficiency the}' have displayed in preparing their annual Beef, pr. mess, new, $ to. 92
47 3
47 0
Lard, prime West. $ cwt.
70 0
0
71
71
report. When the Commission was created, the duty of pre¬ Cheese, Am. choice
paring this report, which formerly had devolved upon the
State Engineer, was placed in their hands. The task had (jPnmmerctalantl UXisceUauecriis items
previously been but imperfectly accomplished. The figures
National Banks.—The following national bank has lately
and data were thrown together in a mechanical and hap¬ been
organized:
hazard sort of way, and, to further detract from the value of 3.138—The Galesburg National Bank, Illinois. Capital. $100,000. W.
W. Washburn, President; J. II. Losey, Acting Cashier.
the report, with each succeeding year the volume was more
Imports and Exports for the Week.—The imports of last
and more delayed, till finally it came out sixteen months after
the close of the period to which it related, of course being week, compared with those of the preceding week, show

times

had occasion to

8

4

Corn,

47

discredit upon that State
supervision which tolerated such a state of things. Moreover,
to reduce the labor of getting out the report, the process of
wholesale and indiscriminate condensation was adopted in the
later reports, till one of our contemporaries in sheer disgust
was moved to remark that the report was not only late in com¬
ing to hand but was a sham when it did come.
In marked contrast to the tardiness and inefficiency that
distinguished the old system, we have the celerity and gen¬
eral satisfactoriness that characterize the new. The present
report is the first issued since the change, and is in
two volumes.
The first volume was a review of the proceed¬
ings of the Commission during the twelve months of its
existence and was published soon after the opening of
the year. The second volume contains the complete tabular
destitute of

all interest and throwing

statements which the railroads are

by law required to make,

O

9

both dry goods and general merchandise.
The total imports were $8,023,057, against $9,626,819 the pre¬
ceding week and $8,239,074 two weeks previous. The exports
for the week ended March 18 amounted to $6,107,266, against
decrease in

a

$5,339,440 last week and $5,046,465 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 14; also totals since the beginning of first
week in January:
FOREIGN IMPORTS

For Week.

Dry goods
Gen’lmer’dise..
Total
Since Jan. 1.

Dry goods
Gen’lmer’dise..

AT NEW YORK.
1884.

1883.

1881.

1882.

$2,985,818
6,496,552

$3,410,504

7,924,424

$3,449,811
5,495,753

$2,636,178
5,386,879

$9,482,370

$11,334,928

$8,945,564

$8,023,057

$29,444,231
60,014,619

$34,657,013
72,273,192

$33,946,269
66,369,683

$31,618,182
62,261.557

bound and printed, in the first Total 11 weeks. $89,458,850 $106,930,205 $100,315,952 $93,879,739
part of the current month. As the railroads have until near
In our report of the dry goods trade will be found the im¬
the close of December in which to file their returns, the work
ports of dry goods for one week later.
of preparing, arranging, printing and publishing the report
The following is a statement of the exports (exclusive of
was pressed into a space of about eight weeks.
Much of the specie) from the port of New York to foreign ports for the
week ending March 18, 1884, and from January 1 to date:
extreme delay under the old system was no doubt due to the
EXPORTS FROM NEW YORK FOR THE WEEK.
time consumed in getting the document through the printing
1884.
1*83
1882.
1881.
office, but it is to be noted that we now have the report in
printed form at an earlier day than that at which the work For the week... $7,800,595 $6,134,617 $8,419,350 $6,107,266
53,891,272
70,306,235
64,109,663
75,719,991
of mere compilation was formerly completed—the State Engi¬ Prev. reported..
$61,998,538
neer having usually submitted his report to the Legislature
Total 11 weeks. $83,520,586 $70,244,280 $78,725,5S5
and

was

put in our possession,

April.
present report, too, shows much skill in the arrange¬
ment of the tabular matter in a useful and convenient form,
and gives other evidences of the prese nee of a guiding spirit
of some intelligence.
We understand that this part of the
Commissioners’ work is under the special charge and direction
of Mr. John O’Donnell, to whom also the public is largely
indebted for the system of quarterly returns lately put into
force. If that is so, then this is a particularly gratifying

about the 1st of

-

The

deemed by the community the
the board at the time of the
appointment of the Commissioners.
In his decisions Mr.
O’Donnell has not always displayed that rigid impartiality
that should characterize the judge in actions against the rail¬
roads, but he. has been a most efficient and trustworthy member
—agreeably disappointing the expectations entertained with
regard to him—and we only wish that the public service
feature, for Mr. O’Donnell was
least satisfactory member of

contained

a

few more such

useful

men.

following table shows the exports and imports of specie
port of New York for the week ending March 15, and
since January 1, 1884, and for the corresponding periods in

The
at the
r

1883 and 1882:
EXPORTS AND

Cable.

daily closing quotation for securities, &c., at London,
and for bread-stuffs and provisions at Liverpool, are reported
by cable as follows for the week ending March 21:
The




NEW YORK.
Imports.

Exports.
Gold.

Since Jan. 1.

Week.

Great Britain

$600,848

$8,773,782

1,500
109,000

1,500
522,000

95,925

194,692

France

Gernjany
West Indies
Mexico

South America
All other countries...
Total 1884
Total 1883
Total 1882

$S07,273
5,600
1,000

$9,547,728

$234,500
25,438

$3,193,854

5,300

10.993

62,985
5 42

62,935
36,345
60,262

Total 1884
Total 3 883
Total 1882

$328,765

$3,5S0,518

760,390

261,236

Of the above imports
American gold coin and

89,250

9,864,998

Since Jan. 1.

Week.

$

$

14,491
84,932

4,740

56,606

"400

55,754

Silver.
Great Britain
France
Germany
West Indies

Mexico
8outh America
All other countries...

English market Reports—Per

IMPORTS OP SPECIE AT

400

$5,140

$156,429

1,463,933
7,847

1,946,871
385,066

$1,068

$

211,07.9

3.459,091
2.623,987

37.052

1,601
88,918

150,105
769,883

2,266

39,636
8,633

$92,735

$1,006,377
1,134.646

240,48^
133,138

for the week in 1884,

451,536

$5,140 were

$901 American silver coin.

Of the

350
exports

THE CHRONICLE
during the

time $551,925
coin and $25,300 American
silver coin.

Foreign Trade

same

of

New

were

American gold

15 last: “Half the
e interest
years from

Months.

Dry

such
amounts as run from the dates on
deferred
which they
provided that in any scheme of
originally matured
reorganization
basis we propose, there shall be
arranged on the
embraced proper
the due and punctual
guarantees for
enforcement
of
the
A committee
conditions
thereof »
consisting of Messrs.

1883.

Merchan¬

Goods.

Dry

Total.

Goods.

dise.

$

General
Merchan¬

visions of the

-

*

*

*

*

$

13,59S,899

February

23,398,814

39,997,701

tl,3.J7.S24

2S, 175,206

13,345,312

39,573,030';

27,915,300

13,730,717

41,260,612

20,749,010

40,479,727

54,574,020

79,570,734!

27,076,0291 54,664,310 81,740,339

Total....

Hadden and George Arents was George Buckingham, Crowell
appointed to carry out the
proforegoing resolution.
Shenango & Alleghany.—On the
application of
stockholders Mr. John Fowler Powell
English
lias been
Receiver of the
Shenango & Alleghany Railroad, whichappointed
through Mercer & Crawford counties,
extends
Pa., a distance of 4fi
miles.

Total.

dise.

January....
..

the

first-mortgage bonds for four
July 1, 1883, to Jan. 1,
1887, both

of the

IMPORTS INTO NEW YORK.

General

on

XXXVIII,

wm
paid semi-annually in cash,
inclusive
^
inclusive, to ho
"commencing
July
1,
remaining half to be deferred a reasonable
1884:paymeiM
surrender of the
without
first-mortgage securities of thetime
interest at 5 per cent,
same with
payable semi-annually
on

York—Monthly

Statement.—In
addition to the
foregoing tables, made up from weekly returns,
we give the
following figures for the full months, also issued
by our New York Custom House. The first
statement covers
the total imports of
merchandise.
18S4.

[VOL.

24,093,714

EXPORTS l-'ROM NEW YORK.

CUSTOMS RECEIPTS.

Sinaloa & Durango.—The Boston
Transcript says that the
Sinaloa
& Durango Railroad was
Months.
organized
to build a
in
Months.
Mexico
from Altata, on the Gulf of
1SS4.
railroad
1S83.
1884.
18S3.
California.
east to
250 miles
Durango
the
of
upon
line
the
$
Central. Die
$
$
subscription was first taken to build Mexican
January..
26,702,7S3
40 miles of road
January
Altata
11,702,029 12,574,833
to
from
February
Culiacan, and the company promised, for
23,531,860 28,426,300! P’ebruary
12,004,811 12,191,603 block oP$3.000
$2,700,
a
Total.
first-mortgage bonds and $3,000 stock.
50,329,045: 57.318,202
Total
$540,000* was paid in and the
23,826,840 24,766.4 U
Nearly
company proceeded with con¬
Bankers’ & Merchants’
struction. The
subsidy was $8,000 per
the board of directors held Telegraph Co.—At a meeting of
kilometre, or sub¬
stantially $12,000 per mile, and was so
March 19, the
following resolution Mexican
was adopted:
Government that when more promptly paid by the
the stockholders
money was needed
Resolved, That a million dollars of the
advanced (January,
capital stock of tlm
1882), $200,000 upon
a
(making a total issue of three million
company
one-year
7
dollars) oe
per cent
Total Merchandise.

At New York.

issued, and that stock¬
18, 1881, shall have the
privilege of taking the
the proportion of one share
of the new issue
every two shares then In •hi
for
by them, respectively, payment to be
and stock delivered on
made
Monday,
April
21,
1884, on which day the option
to subscribe shall
expire.
holders of iv cord April
same at par in
cash, in

cent

of

loan, taking

stock and

subsidy repaid
$540,000 of subscribers’

collected

bonus of 100
per
as
security. The
year.
Besides the
expended, the
a

the subsidy
receipts
this loan within the

and

money

company
expended over $200,000 of the
Government
subsidy,
and negotiated the other
the Mexican
$209,000 subsidy with
at only 7 per
cent discount, and
substantially agreed upon by proceeds ofbankers
the combined committees
this also,
nearly $1,000,000 in all having spent the
representing the bondholders and the
stockholders. The present 1st
gone into
construction
of
the road.
As the
mortgage bonds and coupons and for
interest on the coupons to
company has no means
further
May 1, 1881, will be converted into
construction, the subscribers were to be asked to
preferred stock at
render

Connotton Valley.—The Boston Herald
reports that
plan of re-organization has been

The present

par, and will amount

common stock will

to about

$0,500,000.

all their

be converted into new
common
value, par for the old being $5u
$100, that is to say, one new share at
$100 will
represent four old shares at $50. This will
reduce the $5,000,000
common stock
to-$2,500,000. The old preferred stock will also
be converted into new
common at 60 per cent of its
now
$50, but to be $100. There will be three par vain
new shares
at $100 for ten old ones
at $50.
There are now $885,000
ferred. It will be
pre¬
particularly stipulated that the preferred
stock shall receive all
fixed charges to the earnings above operating expenses and
amount of 50
per cent, and that there
shall be no extensions of
the road or other similar
ordinary expenditures to create a lien above the and extra¬
preferred
stock, except by a two-thirds vote of
the preferred share¬
holders.
It is not
yet settled just what provision will
be made for the
terminal trust, car trust and
equipment
indebtedness, but it is probable that a
mortgage will be issued
for $1,000,000 at 0
per cent, and the terminal and
car trust
securities be
exchanged for it at
and the equipment at a
possible sacrifice. The amount of par
this indebtedness is
about
$850,000. The road could
probably take care of
stock at 50 per cent of its
par
and of the new

rights—the

sur¬

securities

having never been deliv¬
ered—allow the
property to be turned over to the
whom it has become
parties to
indebted, and receive in consideration
exemption from personal liability.
A circular issued
by the company asks holders of
allow the
rights to
company to use the securities as
pledges
for
a loan.
Toledo Cincinnati & St.
Louis.—Mr. W. J.
ceiver of the Toledo
Craig, re¬
Cincinnati 6c St. Louis
filed liis reports for
December
and January in theRailroad, has
of the United
clerk's office
States Court. The
report for December shows
total receipts
$179,316, including $32,012 on hand December
In
1.
January receipts were $136,313,
$55,710
on hand
including
January 1. Cash balance on hand

January 31

was

$33,309.

Virginia State Bonds.—Messrs. J. A.
Hambleton & Co.,
Baltimore, say in their circular: “ The
Virginia Legislature is
expected to adjourn
to-day. As we have informed our
there were many bills
introduced relating to the debt readers,
but the only ones which
question,
have passed—both of

which require
of the Governor to make
them laws—is the bill
requiring all license taxes to be
paid in money instead of
coupons as formerly, and the bill
which amends
No. 1, so as to
coupon-killer
give the holders of 10-40
coupons the same
the

signature

a
$1,000,000
mortgage and perhaps show a surplus.
rights as are possessed by the holders of
Ohio Central.—At
consol coupons,
to prove and
Charleston,
XV. Va., March 15,
viz.,
collect them.
Jackson, of the*United States District Court
Judge
Coupon-killer No. 1 formerly pro¬
of West
vided
for
only
the
rendered his decision,
Virginia,
proving and collecting of consol
extending the power of Thomas R. This latter bill is favorable
coupons.
to the holders of
Sharpe as receiver over that
portion of the
Virginia 10-40s.*’
—Attention is called to the notice
lying between Corning. O., and the Ohio Ohio Central Railroad
in

cases

of Nelson

Robinsonet
Central Trust
Company
of
Central Railroad, the
question
diction between the United

River.

In the three

ah, Owen and Johnson, and the
New York, against the
Ohio
involved was a conflict of
juris¬
States
Court of West
Virginia and the United States District District
Court of Southern Ohio.
Ohio &
Mississippi. —The decree of the United States
Circuit Court in Illinois
provides that Receive* J. M.
shall deliver to the
415 bonds and their Douglas
company
secured

of the Iron

our
advertising columns
Company of Durango, Mexico, for addi¬
enable it

Mountain

tional capital to

to increase its
capacity for manufac¬
from the vast
deposits of ore which lie above
ground and form the celebrated
Iron Mountain of
Tins
Durango.
company was organized under the laws of
the State of
New York in
1881, and embraces the names of Wm.
L. ITelfenstein,

turing iron

President, and Joseph Knotts of Council
Bluffs, Iowa,
Vice-President. Owing to the
high price of manufactured iron
in Mexico, caused
by the high tariff and
coupons,
by a mortgage on the Flora
cost of trans¬
&.Beardstown Branch. portation, and to the well attested richnessheavy
The receiver is also to
of its claim in both
surrender possession of the
roadbed and quality and quantity, the promoters state that this
its equipment to the
well entitled to attract
company is
the attention of
the dismissal of the company as soon as a written consent to
investors as an enter¬
foreclosure suit and a
prise
worthy
of
$500,000 bond to
examination.
provide for tlie payment of all debts
—The New
incurred during the
England
receivership shall be filed.
Mortgage Security
which lias
of Boston,
successfully placed its bonds to Company
Portland & Ogdensburg.—At
the amount of about
$2,500,000
since
its
Portland, Me., a bill in of
organization in 1875, has now for
-equity has been filed against the Portland
sale
the issue, series
&
“F,” which bear 5 per cent interest. apart
road Company in the
Ogdensburg
Rail¬
The
Supreme Court by the trustees under the capital of the company, as also
the proceeds of the sale of
mortgage of 1871 for possession of the road
its
bonds,
are
invested
in well-selected farm
by the trustees and
the appointment of a
receiver. Mr. Putnam,
Jan.
mortgages,
and
on
1,
1884,
the
company had loans on its
trustees, sajrs the bill in no way reflects on the counsel for the secured
by first mortgage on 839,337 acres ofbooks of $3,033,385,
.the road; that this
management
of
movement will not cause
be worth
estimated to
$9,999,921. The company's card is land,
holder to part with his
any securityin the

securities at any diminshed
INVESTORS’
Supplement.
emergency calling for this action lias come onprice; that
Auction Sales.—The
very sud¬
denly, and that when a motion is heard for the
following, seldom or
a
receiver, .lie believes it will be conceded appointment of Stock Exchange, were sold at auction this never sold at the
week by Messrs
by
all that the Adrian II. Muller & Son.
course the trustees have
taken is prudent.
Shares.
Richmond <fc Allegheny.—AJ a
40
Shares.
Brooklyn Bank
bondholders of the Richmond & meeting of the first-mortgage
130^
35 Paterson &
10 Fourth National
JIucl.Riv.RR.llSkj
Allegheny Railroad, $1,211,000
Bank...
35
132*2
Home
Ins.
25 Tradesmen’s Nat.
Co
first-mortgage bonds were represented. The
Bank..
114-9
10
Clinton
Fire Ins. Co
1st,
settlement was proposed in
following basis of 10
123
50 Equitable G*s-L.
place of that submitted by the Rich¬
10 N.Y.Nar.Bk.,Waters’ll,N.J.12GD
Mutual Gaslight
(N.Yfi.. y5?s
mond &
130
Allegheny officials in their proposed plan dated
100 N.Y. Life lus.&
Bond.
Tr’st.510-52014 $2,000 Flatbush Wan
Nov. 1 20 N.Y.
the




Rubber Co

..1*00

rW’rks

Co., 1st Os, due l‘Jl

L

98

March

\WA

22,

THE

]

351

CHRONICLE.

Sixty Days Demand.

March 21.

ilauliers7

flie

?» *

Tlie

dividend lias

following
Name

V

*

*> BNfiS.

recently been announced
Per
Cent.

of Company.

Louis Mto.i

A 1. II.

NEW

When

Payable.

Amsterdam (guilders)
Books Closed.

pr°f......

coins

.May

-

YORK. FRIDAY,

31 ARCH lil, 1SS4-5 i\ 31.

policy

not equal to
throughout
the country stands well, and there was never abetter demand
from banks for good mercantile paper for discount than at

sparingly, and the general distribution of goods is
that of past years. Mercantile credit, however,

85*4
1 (5 7g
a.o4
9514

(rcichinarks)

5 ll*s

40*8
90

quotations in gold for various

:

3 90

Guilders

Silver Ms and Ms.

'S>$4 85

Sovereigns
$4 84
Nanolebns
3 85
X X Rt icimiarks. 4 74
&

8‘6 I4

:

(Days inclusive.)

Market and Financial Situalion.—The
jnoivarntile and industrial lines of business throughout
the country. though showing' considerable increase in volume,
would ‘naturally be expected at this season of the year,
e still in an unsatisfactory condition in the fact that profits
are exceedingly small.
Interior and country merchants, while
holding much smaller stocks than usual, are also buying very
The
ral

Frankfort or Bremen

4 90 M

88

London

Coins.—The following are

Rsilroad.
St.

Prime bankers’ sterling bills ou
Prime commercial
Documentary commercial
Paris (francs)

Five fraucs
Mexican dollar*..
Do uncommero’l.
Peruvian soles

rtZ> 3 99

“2*' 4 73

.

'd> 4 00

—
—
—
—

993i?$
92 ©
87 ft
*0^g

82
55 ®15 75
English
silver
4
77
tfex. Doubloons..3 5 45
2-15 00
ne silver bars
1 11*42: 1 12M Pros. 8ilv. thalers. — 08

Span’ll Doubloons.15
•

..

Fiue geld bars
Dimes & M dimes.

—

IT. S. trade dollars
IT. 8. silver dollars

par <r> M preui
99 M» par

United States Bonds.—There

—

—
-

id

&

ct>
@
99 M *

90

par.

lias been an increased de"

government bonds at advancing prices, the 43.7s
being 34 and tlie 4s gg higher than a week ago.
The dosing prices at the N. Y. Board have been as follows:

mand for

Interest

Periods.

present.
The earnings of the

Mch.

Mch.
15.

Mch.
21.

great trunk lines of railroad in the West
13*6 113**113%: 115M M13M *113%
reg.iQ.- Mar.
IMe, 1831
3* m:;*H *H3*s *H3M *113%
Northwest have been very much diminished in the last 4Ms,
1891..,. .ooup.jQ.- Mar.
d-v 122Ml 122V •22'A- 123M*i28M
few weeks by bad weather, but the comparison-with the corre¬
reg. Q.- •Jan.
La, 1907
UL:3*4 *12334 124 j 124%
ypX
eoup.lQ.- .Tan.
sponding period of last year is aiso unfavorable because the 48, 1307
>-*8*IOi*8*10iV lol 1*100**101
..reg. Q. -Feb.
3s,
option
U.
8.
traffic conditions then were better than they are now, and,
19
*129 1*129 >329 >120 >129
& J.
’95. ...reg.
JL
*131
>131 |*131 |*13l [*131
further, Northwestern roads were then carrying a large 3s,eur’cy,
& J.
reg.
6s,cur’ey, ’90.
13M'-133M *133M>i33M US3M "134
<fe J.
reg.
amount of freight that had been delayed in previous months. (Js.cur’ey, ’37.
iO |*130
& J.
i*130 >130 : * i 3*1 ,*130M
re;
The last reported earnings of the St. Paul, the Northwest 0s, ear’ey, ’38.
T3
& J.
1*138 ;*138 |*138 ,*138 i*l3SM
..reg.
6s,oar’ey.
’99.
and the Omaha all show a falling off for this reason. In
the case of the Union Pacific, whose January exhibit re¬
This is the price bid at the morning board; no sale was made.
cording a loss of over $000,000 was made public this week,
State and Railroad Bonds.—1There has been a decided
there was the additional circumstance of an intense competi¬
tion with tlie Burlington & Quincy and the Denver & Rio improvement in the market for railroad bonds during the last
week. There lias been a larger volume of business, and prices
Grande.
have generally advanced under what appears to be largely a
The export movement of specie has diminished, temporarily
at least/ The exports from New York thus far this week
legitimate investment demand for the better class of such se¬
reach less than $1,000,000, making a total of about $10,000,000 curities, as well as an increase of speculation in the low-priced
exported since February 2R when tlie movement began. bonds. The various issues of the Western trunk-line roads
The reduction of 15 cents per 100 pounds (10 cents pre¬ have been conspicuous in tlie rise. The largest advance, how¬
-•

2nd

.

..

.

..

,..

..

.

*

week) in the , rates of
by the trunk line rail¬
9 cents per bushel in tlie
price of the wheat stored in the Western markets, and if
this difference is not neutralized by an equal speculative ad¬

viously and 5 cents more this
East-bound freights from Chicago
roads, is equivalent to a reduction of
vance

in tlie Western

prices, it should facilitate the movement

the foreign markets, and to just
went out of the country further
shipments of gold would be avoided. To some extent, how¬
ever, the reduction in freights is only nominal, as previous
to the official reduction rates had been cut by some of the
of grain to tlie seaboard and
the extent that breadstuff's

Trans-Continental firsts. Incident to
Railway & Navigation Company lias
negotiated $8,000,000 of a new loan, and that with the proceeds
it will at once complete its line to a connection with the Ore¬
gon Short Line of tlie Union Pacific.
The Canada Southern is
also said to have negotiated tiffs week the entire $0,000,000 of
its issue of 5 per cent second mortgage bonds.
The West
Shore 5s have been more active and higher, though no definite
action appears yet to have been taken on the financial plan for
ever, was

tiffs,

we

in Oregon &

learn the Oregon

.

the relief of the company.
A comparison of closing

prices withy the final figures

of

Friday last shows an advance of 1% in Burlington & Quincy
The money markets, both in New York and in the interior debentures; ID in Canada Southern firsts; 2V2 *n do* seconds;
cities, are still over supplied with loanable funds, and rates 112 in Central Iowa (Eastern Division) firsts; 2 in
& Ohio firsts, series B: 6 in do. currency 6s; % in Erie second
for all classes of loans and discounts remain at low figures.
In the New York market the rates for call loans on stock consols; 3 m Green Bay Winona & St. Paul incomes; 2in
collaterals have continued at 1H and 2 per cent per annum International & Great Northern 6s: 2 in Jersey Central de¬
(the bulk of transactions being at the higher figure), and time bentures: ID in Missouri Kansas & Texas general mortgages ;
loans on good dividend-paying stocks for any period less than 2 in Louisville & Nashville general mortgages: 11 g in Metropoli¬
9 months are still obtainable at from 3x/o. to 4 per cent.
Dis¬ tan seconds; 1}£ in Milwaukee & St. Paul, Chicago & Pacific
counts of mercantile paper remain at 4 and 5 per cent for (Western Division) os; 2:;4 in New York & New England 7s;
first-class double names for 00 days and 4 months, and 5 and ID in Chicago & Northwestern consols; ID in do. debenture 5s;
534 for single names. Nevertheless, it is apparent that the 1% in Northern Pacific firsts; 4 in Oregon &
export movement of specie is reducing the reserve of the New firsts: 2 in Rome Watertown & Ogdens burg 5s; 31 in Texas &
York banks to a point where it must soon affect their ability Pacific land grant incomes; 2j4 in do. Rio Grande Division
to loan.
firsts; 214 in Wabash general mortgages; ID in New York West
The weekly statement of the Bank of England on Thursday Shore & Buffalo 5s: 2 in Fort Worth & Denver City firsts; l1^
showed a gain of £1,619,000. The reserve in Die Bank was in¬ in Shenandoah Valley firsts: and 2'4 hi do. general mortgages.
State issues were quiet during the week, transactions having
creased to 47 1-10 per cent from 43 7-16 per cent last week:.
The Bank rate of discount remained unchanged at 3 per been confined to Tennessee compromise bonds at 49, 50, 49D,
The Bank of France gained during tlie week 2,975,000 North Carolina 4s at 8TQ and South Carolina 0s non-fundable
cent.
francs in gold and 2.000.000 francs in silver.
The Bank of at 3.
Germany lost 2,200,000 marks in specie.
Railroad and Miscellaneous Stocks.— Notwithstanding
Tne following table shows the changes from the previous
the diminished current earnings of the principal Western trunk
week and a comparison with the two preceding years in the
lines, and the enormous reduction of 50 per cent in the last two
averages of the New York Clearing House banks.
weeks in the tariff rates on East-bound grain, provisions,
meats, &c., by the E *stern trunk roads, the stock market lias
j 382.
1M3.
leading lines.

Chesapeake

Trans-Continental

884.
Mar. 15.
..

! Di tfer

Legal reserve.
Reserve held

fr‘/.*••

Mur. 17.

Mar. 18.

file .$2.8 17, 3 V; $319,072.000 8312.310 50c*
4 8.: 51,9 3
58,580.7; O
0,15: ,200
10.00 7,90:
20,1:75,500
liivt.
50.70.
Dec. 3.809,8TO 289,0 l 5.5,00 2S7.luo.8- 0
lo,547,S;. 0
17,081,10'
28,726.8 O'jDec.
907,10*'
$71,775,209
$72,403
875
$87,818,875 Dee
$952,450
74.923.500
05,033,090
91,473,700 Dec. 7,118,300

Loaccana din <3~, l ,087,200
05.7 > 0 900
Specie
14,009,520
Circulation..
351.275.5 0
Not deposit? .

Leg.*! tenders

nccs

j previous vieek.
D.-c

leading operators

been held comparatively firm by the*
em¬
barked on the buff side.
They have received some encourage¬
ment from the fact that the roads in the Northwestern

Traffic

Association have settled their differences and reorganized the
association, and also in the fact that the Burlington & Quincy
and the Union Pacific have submitted matters in dispute to com¬
mittees of the respective roads.
There has. however,
no

been

and such gain as there has been lias
resulted as much from an increasing scarcity of floating stock
$3,153,300
$0.051,825 Dee.80,105,850 *50,770,875
Surplus
in the market and the unwillingness of the bears to put out large
lines of shorts, as from any other cause.
The general public
DeliciL
are taking very little
interest
in
stocks,
and the market
Excha age.—Tlie foreign exchange market lias been firmer
has been left entirely to the manipulations of the profes¬
but very dull during tlie past week, and on Monday the posted
sional speculators and tlie room traders. The principal
rates were advanced }:> cent on the £ to 4 88 and 4 IK)1.,,
that
advance for the week are
stocks
show
an
against 4 87M and 4 90 a week ago. The rates for actual busi¬
Burlington
&
Quincy,
Colorado
Kansas & Texas, Lake
ness on Friday, the 21st, were as follows,
viz.: Sixty days, Erie & Western, the NorthernCoal,
Pacific group. Pacific Mail,
4 87)4@4 8717; demand, 4 89MM4 S9*4; cables, 4 90@4 OO'J.
Peoria Decatur & Evansville, Pullman Palace Car, St. Paul &
Commercial bills continue comparatively scarce at 4 851
Manitoba and Texas & Pacific. Those showing a decline
4 86.
Continental bills have been firm throughout the week.
are
Lackawanna, New York Central, Reading and Union
Quotations tor foreign exchange are as follows, the prices Pacific;
being the posted rates of leading bankers:
*




attempt to advance prices,

852

THE CHRONICLE.

[Vol. XXXVIU-

NEW YOKE STOCK EXCHANGE PRICES
FOR WEEK ENDING MARCH
21, AND SINCE JAN. 1,
1884.
HIGHEST

STOCKS.

Saturday,

Monday,

March 15.

AND

LOWEST

Tuesday,

March 17.

PRICES.

(Wednesday

March 18.

Thursday,

March 19.

!

Sales of
the Week

Friday,

March 20.

(Shares).

March 21.

RAILROADS.
Atohison Topeka & Santa Fe..
Boston & N. Y. Air-Line, pref.
Burlington Ced. Rapids & No.

Canadian Pacific

54 %
54
89
5 8 Li
*13 La
*23 78
*15

Canada Southern
Central of New Jersey
Central Pacific
Chesapeake & Ohio
Do
1st pref....
Do
2d pref

pref.

Do

pref.

Chicago Rock Island* Pacific
Chicago St. Louis * Pittsburg
Do

Chicago St. Paul Minn. &

prof.

Om.
Do
pref.
Cleveland Col. Cinn. & Ind—
Cleveland & Pittsburg, guar..
Columbus Chic. * Ina. Cent..

127

Denver & Rio Grande
East Tennessee Va. & Ga
Do

58%

59*8

54%

13

*5434
5334

55

89

68%
12

55
54 *4

5414

89

1330
25 La

24 La

ms

129

18*4
6La

19

59*8
12*4

34

Houston & Texas Central
Illinois Central

67a
*194
*42

45

18

102*8 10314
78

common.

7814

*56 7e
*91

57Lj

5834

5834

22 La
*33
93
*91

1*28%
12*4

Kansas & Texas
Pacific

*92

92

20*8

21*8

125

126

*51

54

*125
*51

Richmond & Danville
Richmond & West P’t Term’l.
Rochester & Pittsburg
SWLouis Alton & Terre Haute
Do
pref.
8t. Louis & San Francisco
Do
pref.
Do
1st pref.
St. Paul & Duluth
Do
pref
St. Paul Minneap. & Manitoba.
Texas & Pacific
Union Pacific
Wabash St. Louis & Pacific...
Do

pref.

MISCELLANEOUS.

American Tel. * Cable Co
Bankers’ & Merchants’ Tel....
Colorado Coal * Iron
Delaware & Hudson Canal....
Mutual Union Telegraph
New York & Texas Land Co..

1934
15%

20%
16%

58

19*4
16%

58%

58

28%
14

1334

*44
*92
*22
*43
*87

50

*93

99

*93

11
54

20%
91%
*10%

9%

90%
24%

Western Union Telegraph

EXPRESS.

Adams
American..

21%
47%
‘2%

91%

1434

182
*10

11%

8

2134
47%'
3

16

16

58%

13%

93

76%

15%;
2G34|

15%
26%

2634

57

57

58

58

*94%

78

20

76%
*15%

16

.

9

*5
’24

7434

109
7
29

75%

United States

:

129
99% 101
*69
60
*110
112

86%
56 34

10934 IO934
*5
*24
75

7
30
75 %

129% 129%

United Companies of N. J
Virginia Midland
Warren
Maryland Coal
New Central Coal
Pennsylvania Coal
Spring Mountain Coal

26%

16

50
94

*16

19%
15%
57%

These

are the




14
9

22

122
14

10

*265
42

433.

prices bid and asked;

no

14

15

*9
*265

10

sale

45

was

24
34
96
92

40
17%

x32

35

92%
!

55

H534
>834

1

116%;
9%l

2134
9134

92

12

12 34

22%

125

91%

*53

8 34

68
14

11

*10

11

6
17

5%
*15%

17

8 34

91%
23%

91%
24%

23 'y
68
14

55

115-% 11534

| 18%
’ *105

!9

85%

22
4734

40%
2134
47%

2%
2334

234
23%

91%

23%

14%
*181
*10

14%
182

5

5%

0%
17

*15

.

•

1,100;

42,022
1,860

19%

21

16%

16%

%(

57%

16%

58

2834

28%
14%

14%

*48
*92

98

95

95

95

9534
2134

96

21%
77aa

20%
7634

17

1534

26%

17

26%

77%
16

26%

124% 125
16% 17%
108% 109

17

42%
86 %

85%

42%
87 ya
5534

,

*5

*26
75
*128

6
30

75%
130

*5
*25

75%

21

23*

*2*3*

44

28%
14%
51

26

47%
r

95

89%
96aa
16%
27%

58%

58%

2134

77%

124% 126
17% 17%
109% 109%
*16
17
170
42 34 43
87% 89
5434 55%

125 s4 126%

17% 17%
108% 108%
44

88%
54%

44
89

55%

112% 112% 112%

7
29

*27

30

75%

173%

75%

130

*6
*26
73

130
100
60
112

40%
22%
49%

100

60
112

*99
60
*105

7
29

T3%
130
101
60
110

11,899

15

16

20

21

21

*13

16

*265

44%

16

20

21%
144
24

43%

made at the Board.

44

21%
144
24

193% 193%
122

16
10

42 34 Jan.

;

300 I

*267
41%

122

122* * 122"
*13
*9
*267

42%

41%

17
10

t Lower prioe is ex-dividend.

33%

211 51% Mar. 4

40%

58%

4
.Tan.
30
68
Feb. 25
38
53%
! 82
Jan. 21
93% Mai*. 7i 80
90
1,010 42
Jan. 23 59% Mar. 17
38
53
1,930 ! 15 Jan.
3( 24 Mar. 18: 12% 30%
400
32
Jan. 19 40
Jan. ll!
32
55
988 ; 90
8 96
Jan.
Mar. 6i
76
95%
4,200 1 85 Jan. 2. 94% Mar.
4i 77
100%
I 10
Feb. lli 16
Jan.
18
71 10
33% Jan. •24( 38 Jan. 4; 35
48%
400
14
Jan. 16
Jan.
18%
7
1634 30%
100
31% Jan. 23; 30% Feb. 11
33
68%
19,350
16% Jan. 211 23% J an. 6
19% 34%
18,505
85% .Tan. 211 95
Feb. 11
86
106%
700
8% Jan.
Mar. 21
10
19%
181 121% Jan. 25. 12 34
22; 127
Jan. 29 120
129%
! 46
Jan. 191 58
Mar. 14
50%
64%
30*,898 110% Jan. 17,122 Mar. 13
111% 129%
430
8% J an. 22! 10% Feb. 15
7
15%
300
1634 Jan. 211 20 34 Feb. 14
1334 35
90
105
395
85
Jan 16: 92% Mar.
83 34 89%
46,348
23% Mar 14* 28% Jan. 15}
51 26% 40%
105
66% Jan. 16; 71
Mar. 3‘
72
83
4,185
12
Mar
7! 17% Jan.
7
17% 52%
53 176
15
Jan.
182
Mar. 18 169
183
750

2,200

,

8% Jan. 10; 16% .T an. 7
3% Jan. 24;
G
Feb. 28

350
215
105

13
10

1

Jan. 18:
Jan. 29!

! 3534 Feb.

18% Feb. 16‘
11

7; 42

15%
4%

14
10
32

2134
18

23%
4934
2

4934
53%

90%
14%
36 34

21
7

1434

29%

89

28

12

46%

129%

61%

138

15%

4
47

72
39

21
14
35
80

23
85
103

20%
40
87
33
90
94

29%
8%

36%
59%
100%

40%
97%
169%

17% 43
70% 10434
15
36%
29% 57%

272
57
Mar, 4; 61% Jan.
69%
8| 57
3,440 119% Jan. 2 12634 Feb. 29
118% 140%
1,600
10% Jan.. 211 17% Mar.
14
39%
1,704 105
Jan. 4 114
Feb.
102% 112%
65
14% Jan. 16 17% Jan.
25
15
122% Jan. 71170
125
Feb.
55
525
38
Jan. 22! 65% Jan.
7
66
91%
3,291
78% Jan. 26 112
Jan. 28
150
90
71,875
40 34 Jan. 21
28
5634 Mar. 17
4434
4,600 103% Feb. 16:117
Jan.
7 112% 134
4% Jan. 21
6% Feb. 11
5
9%
25% Jan. 21! 32% Fob. 5
30
46%
24,804
71% Jan. 18, 78% Feb. 16
88%
7134

ill

*8

140

1,394
172
115

128
91
56
105

Jan.

Jan.

9% Jan.

11,300

31(132 Feb. 12 126%
3(101% Mar. 17 88

Jan.
3 61% Feb. 7
Jan. 23 115
Feb. 13

Jan.
100
9
Feb.
300
11
Feb.
150
Jan.
33
Feb.
76% Jan.
1,095
15
Jan.
40 142
Feb.
300 1934 Jan.
80 192% Jan.
100
20
Feb.
95 122
Mar.
300
12
Jan.

264

41%

13%

92 34 114%
58
86%
13
25

17% Mar. 10: 35
40
Jan. 22; 59

i

132

11

20

*13
*9

58

21%
76%
*16%
26 34

55 34 56%
54%
10934 112% 111% 111% 112

22

96

25% *2434
4834i 47%

15% Jan. 21 1934 Jan. 7i
93jan. 17 IO434 Mar. 4:
65
Jan.
3! 78% Mar. 15

,

■

Feb. 25
Feb. 15
6,150 ! 1834 Jan. 26! 27 Jan. 7!
47%
58,920
40% Jan. 23, 57% Jan. 71
*2 34
3
500
2% Jan. 21
3% Jan. 7|
23% 24%
1,790 j 21% Feb. 5
25% Mar. 17 j
300
7
Jan.
5, 9 Mar. 19,
20% 2134!
81,110 I 16% Jan. 24,
Jan. 7
16% 17
5,215 ! 13 Jan. 21 34%
17
Feb. 4j
5634 57;,b
30,450 I 51% Jan.
60% Feb. 23;
162 130% Mar. 24,
12
Mar.
134%
3,
3 a4
3 34
100 i
334 Mar. 6'
5
Jan. 11
57
57
100 ! 52% Jan. 16!
61
Feb. 14:
1,500 i 26% Jan. 16 32
Feb. 15
14
14%
0,178 1 13% Mar. 7:
*48
16% Feb. 4
51
400 1 40
Jan. 15* 50
Mar. 17
*90
100
88
Jan.
3, 96
Feb.
5i
2534 2534
2.1*66 20 Jan. 16'
27
Mar. 18:
47% 4734
1,620
37% Jan. 261 50
Mar. 18!
95%
300
84% Jan. 31 i 95
Mar. 20:
25
Mar. 11
3234 Jan. 91
89% Feb. 161 90
Jan. 26:
96% 96%
2,250
Jan. 26! 99
84
Jan.
7;
21% 2134
43,052
15
Jan. 19 i 223a Feb. 11!
7 6 % 76 34
126,652
69% Jan. 2; 84% Feb. 16
16aa 10 3b
1,500
12% Jan. 21 1934 J an. 7:
26% 27%
3,725
24% Jan. 211 32
Jan.
5|

40%

40%
22%
48%
2 34
24%

20%

89%

*265

42%

99

58%

*38
*16

22%
12

91

58%
23%

125% 125%: *125% 126%

19
*105

51

*93%

15

122

49
23%
55%

34
95
92

92%;
40
1
17 %!
34 |

*51

99

47%

108% 108%

11

22

21%
9134
11%

15
182

130
100
101%
99% 100%
99% 100
59% 59% *59
60
*59
60
110
110
*108
112
*108
110

Cedar Falls & Minnesota
Central Iowa
Chicago & Alton, pref

Columbia & Greenville,pref...
Dubuque & Sioux City
Oregon Short Line...;
Rensselaer & Saratoga
Rome Watertown *
Ogdensb.

22%

9

*48
*92
25

124% 124% 124% 125

1634 17%
108 34 108 34| 108% 108%
*16
16
16%
16

2%

2834
13%

51

44%

,

2334

14

'*2*3** "27*

20%

47

24%

57%

*49

20%

21%

*19*% ”2*6%

50

78%i

109

17%
34

91%

*5%
"15%

17

100

86%
53 34

17%
34

23% 24%

6

*21%
4634
*234
2334

25%

20 34

5334

200

54%

95%!

*38

9
19
125

!

|
58%:

92%

54

9

15%

6

'

87

8%

48%

80 s4 Jan. 7
78% 8434
83% Mar. 13 78
Jan.
84%
80
Jan. 10
75
2,025
86
Feb.
58%
18
48% 65%
3,870 48% Jan. 21: 57% Jan.
Feb. 11
47%
1,943
83% Jan. 24; 90
Jan. ll| 68% 7134
90
16,310
57% Mar. 111 6734 Jan. 10. 61
650
88
1234 Mar. 8 15 Jan. 2
13
300
21
2334
Jan. 21! 28
Feb.
11! 23
105
35%
14% Mar. 4! 17
Jan.
7; 1434 27
491 1133 % Feb.
7,608 118% Jan. 27; 140% Feb. 5j 128
137%
21%2734 Feb. I61
158,480
84% Jan. 211 94% Jan. 3 11o34 129%
9134 108%
1,038 II334 Jan. 17 119
Feb. 16 115
53,825 i11234 Jan. 21,124
122%
Feb. 12 115%
410 140% Mar. Hi
140%
149% Feb. 12 134
157
7,205 115% Jan. 21 12634 Feb. 11
"9% Jan. 24* 13% Jan. 5 116% 127%
10% 22
100
26
Mar. 19 35
Jan. 11
33
1,500
5734
27% Jan. 21 34% Jan. 3
30
55
1,041
88% Jan. 21! 96% Feb. 11
91
113%
1,840
58
Jan. 23( 69% Mar. 14: 54
84
88 138
Feb. 23:139
Jan.
5 124% 142
1
Feb. 14'
2
Jan. 17:
1%
7%
157,7*5*6 114% Jan. 171133% Mar. l!
111% 131%
23,895
17% Mar.
25% Jan. 3i 21% 51%
2,694
5 % J an.
1
814 Feb. 15
4% 11%
1,000
1034 Jan. 17 14% Feb. 15
11% 23
40
Jan. 18 51
Jan. 7
45
75
3,100
5
Jan. 26*
8% Feb. 8
5
10%
38
46%
72
5 192
97%
Mar. 12 200
Mar. 18 190
200
100
44
Jan. 311 51
Jan.
4
50
82%
1,796 130
Fob. 281140
Feb. 13' 124
148
116
81% Jan. 11! 86
Mar. 6; 77
84%
8,550
15
Jan. 21) 20% Jan.
5' 17% 35%
70
53

;

95

52%

8%
rl 93

56

-93

126%

19
ao5

182

11%

96

115a4 116%

91%
24%

*15%

95

85

127% 127%
18% 19%
7*4
8
*13
13%

200

58%

92
11

*51

|

9%!

14%

17

%(

23%

40

91%
*9*4

19
125

182

95

129

Wells, Fargo & Co
INACTIVE STOCKS.
Albany & Susquehanna

67 % 67 %
139
139

8%

55%

94

16*4

115%'

91%

11%
5*4

*89

124%;
15 %!

11

24

14%

9234

Oregon Improvement Co

Oregon Railway & Nav. Co
Pacific Mail
Pullman Palace Car Co
Quicksilver Mining
X)o
pref

93*8

68

23

59

*32
21 %

54

115%

31%
93%

49

*91

126% '125

*18
*105

125

94%
19%
77%
15*4
26%

124%
15%

Low. High

•

29

31%

48% 49 %!

*5*634

*38

21%
91*4

*51

116%
9%

25
45
93

|

92%
40
17
35

*32

28%
14

13%

59*8

*16%

20%
16%

28%
50
*90
*22
*44

96
24
45

24

59*8

92%

58%
133% 133% 133% 133%
28%

24

*38

21*4
92%

143

*26

93%

*8%

48% 48%'

22

56 %

56
*91
59
23

126% *125

..

Rich.&Allegh., st’ktrustctf’s.

28
31 La

*42

8%

'193

48*4

22
56 %

93

91%
x9*4

11

48%

40
17
35

New York Central & Hudson. tiie
119 La 115*8
New York Chic. & St. Louis
9 Li
9is
*8*4
Do
pref. *1818
*18%
New York Elevated
*105
125** •105
New York Lack. & Western..
92 La 9 2 La x90%
New York Lake Erie & West’n
23*h 24ia! 23%
Do
pref.
New York * New England....
12% 12*4
12*4
New York New H aven & H art. 180
180
New York Ontario & Western. *10%
10*4
New York Susq. * Western...
6
*5%
5*4
Do
17
'16
pref. *16
Norfolk & Western
Do
pref
Northern Pacific
*21% 22
21%
Do
pref
46% 46%
46*4
Ohio Central
*>3,
23,
2%
Ohio & Mississippi
23
*22*4 23
Ohio Southern
8
Peoria Decatur* Evansville..

77

100

*38
*16
*32
21

92ia

-934

Philadelphia & Reading
Pittsburg Ft. Wayne * Chic..

8434
16 7a
*17%
102*4

59%

91%

17 La
35

91 Li

Oregon & Trans-Continental..

*142

143

*41
45
45
44%
*41
49
131% 131% 131% 131% 131% 131%
8434 *84% 86
84 34 86
17
17
19
*1*9* 19% 19
19
18 La
17 7s 18
18*4 19%! 19
19%
103 1 102*4103% 102% 103%| 102% 103
77%
76% 77%!
77% 77%! 78
78

*91

59%

93

7 La

734
49

15

124% 123% 123%
11
*10% 11

19%
7*4

13

*42
8

1334
2634

117*4 117*4 117%
120
118*8 119%

128*4
19*4
7*4
*12*4 13

V

19
.

55
54%
89
59%

137
*136
137
125 La 125% 125%
93%
92% 93

i‘2734

3.28 V

18%
7%

200
200
*42 La 44 La
131
131

*57*

57
*91

23
35

*37 La
*16
*32

-

* St.L.

7 La

*4*8% '4834 *4*8% *48%

Manhattan Beach Co
Memphis & Charleston
Metropolitan Elevated
Michigan Central
Milwaukee L. Sh. & Western.
Do
pref.
Minneapolis & St. Louis
Do
pref.

NashvillejChattanooga

7La

*41
45
131
131
*84 La 86
16 La 16 Li
*17
18
102 La 103*8
76
76

8414
16Lj

*17

Louisiana & Missouri River
Louisville & Nashville
Louisville New Albany & Chic.
Manhattan Elevated
Do
1st pref..

Ohio
Essex

*6 La

200

8414
IGL4

Long Island

Missouri
Missouri
Mobile*
Morris &

7%

131i4l31i4

Do
leased line 4 p.c.
Indiana Bloomingt’n & West’n
Lake Erie & Western
Lake Shore

Do

*54*4 55
54%
64% '54*8
54%
8834 88*4 *88%
58*4 59 La
08*8
13*8 13*8 *13%
*2/3
26 La
26%
15
16% 16%

89
59 7e

133g

....

Harlem

55

549b

89
59 Li

12838 1293a I28I4I2914
17 78 181a
18ia 21
7Ll
714
7%
7*a
*12 La 13
12*4 12*4

6La

12% 12%

pref.

Evansville & Terre Haute
Green Bay Winona & St. Paul
Hannibal & St. Joseph
Do
pref....

54 %
89 Li

138*4 138*4

Delaware Lackawanna*West
*

593^
14%

Highest,

;

Do

89

Lowest.

For Puli
Year 1883.

8034 Jan.
81% Feb.

5434
54%
89%

13La
*23La
*24
25 La *23 La 25 La
17
*14
16
*15^4 16 La *15
16 La
136
136
136
136 La 137
137
f136
137
136
123% 124
3 2334 124
124
12434 124 Li 124 La1 125
91% 92% I 91*8 92 La
92
92 La
92*8 9234! 92*8
'117
117 Lai 117 La 117V 11734
117*4 117La 117 La' 117*4
1173s 118V 117*4 119^41 118*8
119*8 1187a 119 La 119%
141% 141 La 142% 1423a *142
143
142
143
14234
121% 122% 122
122 La 123
124 La 124% 124% 124
*9 La
11
*9 La 11
*8
10
*10
11
*10%
*28
30
*27
30
*28
30
26
26
*26%
30 34 30 34
31
31
3114 3114
31%
31*8
31%
93% 93 V 933s 933e
93*8 93*8
93*8 93*8
93%
68% 69 L2
67 78 69
68
68
*68
69
67%
138
138

Chicago & Alton
Chicago Burlington & Quincy.
Chicago Milwaukee & St. Paul
Chicago* Northwestern

54%
543^

Range Since Jan. 1,1884.

Feb.

29% Jan.

135
12
16

152
33
82

Jan. 30
Jan. 18
Mar. 20
Feb. 16

55%

135

94%
65%

113

128

127

135

10

13
140
31
77
19

17%
28
150

Feb. 11
68%
Mar. 10
92
22% Feb. 19
32
145
Feb. 12 139% 145%
24
Mar. 21
15
34
Mar.
21 187% 197
193%
21
Jan. 24
20
31
122
Mar. 15 118
118
15
Feb. 21
10
17
14
10% Jan. 31
9
264
Feb. 19 260
280%,
4934 Mar. 5
29% 30%

'

Mabch

22,

353

CHRONICLE.

THE

1884. J

QUOTATIONS OF STATE AND RAILROAD BONDS.
STATE

Bid.

SECURITIES.

82

Class
Class
Class
0®,

81

A, 3 to 5»nsmall...
B, 5s, 1906

101
81V
105

C,4s,1906
10-208,1900..

16
20
20
20

1809.1900..

7s’L Rock* Ft. S.iss.
in’ Memp.& L.Rock RR

S’trTb.&N.O.RR

!;So.4B.K.BE.
Arkansas Cent. RR.

103
105
105
115

| gSid'isw1.88.
small...-

7«.

N.

Missouri—
107

6s, due 1886
6s, due 1887
6s, due 1888
6s, due 1889 or 1890
Asyl’m or Univ.. due’92
Funding, 1894-95
Hannibal & St. Jo., ’86.

20

6s,
6s,
6s,
6s,

gold,
gold,
loan,
loan,

’87

do

Do
New York—

reg., 1887
coup., 1887

76
70
60 V

---***-

Ex-matured coupon—

78

"69'

Railroad Bonds.
Exchange Prim.)

Aa&Pac.-l8t,68,1910.

Bfdt.&0.—lst, bs, Pjk-BrBoat. Hartf. & E-—l8t, ls
-

C. Rap.& No.-1st, os•frfimi.&St.L.—1st, 18,gu.,

Bur.

City. & West.—1st,

Ta

C Rap.

I.

<S;

F.&N.—1st, 6s

1st, 5s, 1921
Buff. N.Y. & Phil—1st,
General, Gs, 1924

W.—Contin’d—

1

1913..,

6s J

3
3
3
3
3

83 V

4834
40
40
40
60

40V
52
7

45

49V
T r

fm

w9

id

District of Columbia—

82

small

113V
113V
113V
111V
111V

registered.

111V

Small bonds

Registered
Funding 5s, 1899

' 120

Do
Do

-----

Col. &Aug —1st, < s
Ches.<fe O. -Pur.moneyfd.j
A, 1908.
1908 .\J
6g’gold, jeries
series A,
Char.

Ches.O.&S.W.—M.

C’mp’mise,3-4-5-6s,1912

Virginia—6s, old
6s, new, 1866
4
6s, new, 1867
4
6s, consol, bonds
4
6s, ex-matured coupon.
6s, consol., 2d series—
84 V
6s, deferred

3

43
42V

......
-

__T

....

66 V

.- -

6b, gold, series B, 1908
6s, currency, 1918
Mortgage bs, 1911
191

....

[

85 V 86
Den.& RioG.West.—1st,6s;
i 107
V 108V
6s|
Central Iowa— 1st, 7s, ’99, 82V 83V Det.Mack.itMarq.—1st,
Land grant, 3Vs, S.A...!
East. Dir.—1st, bs, 1912!

2d, 5s,

series, 1914

BONDS.

—

-1
So—1st, int. guar. os;

Can.

new

M et. Elev.—2d, 6s, 1899..
Mex. Cent.—1st, 7s, 1911.

M.&E.—Bonds, 7s, 1900j

(Stock

--- -

6s,

3
105 V 106 V
43
45 V

Penn. RR.—Continued— (
99
98
Ill
C.& P.—4th,s.fd.,6s, 1892*....
61
120
1.29 V
St.L. V.it T.H.—lst,g.,7s,*118
125
Mich.Cent—Cons.7s, 1902 129
!
2d, 7s, 1898
128V. 128V
Consol. 5s, 1902
2d, guar., 7s, 1898
120 V 120 V
1 11078
96
6s, 1909
N,
75
99 V
Pitts.B.it B.—1st, 6s, 1911,
6onstruction, 5s, 1923! 100 100 v 1 Coupon, os, 1931
Rome W.it Og.—1st,7s,’91 i'10"
Del.& Hud. Canal—1st, 7s! 102
Jack.Lan.&Sag.—Os, ’91. 102
75 V
98
99
1
Con., 1st, ext., 5s, 1922.1 75
Milw. it No.—1st, 6s, 1910
91V 92 V
7s, 1891
* 114
105
Roch.it Pitt.—1st, 6s,1921| 111
113V
Mil.L.S.&W.—lst,6s, 19211
116 V
1st, ext., 7s, 1891
94
i- Consol., 1st, 6s, 1922—I
128
121
] Minn.it St.L.-lst,7s,1927! 126
*14 j....
] 119 131
Coupon, 7s, 1894
70
71
120
!
Iowa Ext.—1st, 78, 1909i 119
*13 V
; Rich, it A lleg.—1 st, 7s,1920| 98
1st, Pa.Div., cp., 7s, 19171 130
98
Rich.it Danv.—Cous.,g.,6s.
11134
2d, 7s, 1891
Alb. it Susq.—1st, 7s ...1 111
! 100
104 V; 105
112 V i
Debenture 6s, 1927
< 60 34
S’thw.Ext.—1st,
112
125
7s,1910,
j....
2d, 7s. 1885
| 106
;
i
Atl.it Ch.-lst,pf.,7s, ’97
! il4"
Pac. Ext.—1st, 6s, 1921.1 102 V 103 V
•i
1st,cons., guar.78,1906 125
....
83 V I
ii8 !! M0.K.& T.—Gen’l,6s,1920 83
Incomes, 1900
!
!
1st, cons., gu., 6s, 1906! 11(5
90
108
Scioto Val.—1st, cons., 7s. *
...
95
•! Rons. & Sar 1st, ep.,7s. 131
General, os, 1920
I 70 V
1143s
109
St.
L.
it
Iron
112V
Mt.—1st,
7s,
114V
109
V
Cons.
90 V1 963-i Denv.it Rio Gr.—1st, 1900
7s, 1904-5-6
)
2d. 7s, 1897...
84
86
71-s
HIV! 111V
i
Cons. 2d, income, 1911.. j
88
V, 89V 1st, consol., 7s, 1910
Arkansas Rr’ch—1st, 7s 109 V 110
98 V
H.& Cent. Mo.—1st, ’90, 106V108
100 V
Den.S0.Pk.1t pac.—1st, 7S
Del. L. it

Guaranteed

16
3

3-65s, 1924

Rhode Island68, coupon, 1893-99

RAILROAD

Tennessee—6s, old,1892-8
6s, new, 1892-8-1900 ...

! 107

6s, 1886

Carolina—6s, old, J.&J.
6s, old, A.it O
No Carolina RR.,J.&Jt

12

10

!

Ohio—

6s, loan, 1893

116

6s, Act Mar. 23, 1869 )
non-fundable, 1888.)
Brown consol’n 6s, 1893

12

16

class 2
1
to W. N. C. RR. I
Western RR...
Wil.C.&Ru.R.
W’n. itTarR.

Consol. 4s, 1910
Small

1891
1892

Ask.

South Carolina—

135
135
10

Special tax,class 1, ’98-9
Do
Do
Do
Do
Do

Bid.

SECURITIES.

Ask.

Carolina—Continued—!

N. C.RR. 7 cp’soff, J&J |
Do 7 coup’s off, A.&O.
Funding act, 1866-1900
1868-1898
Do
New bonds, J.&J., ’92-8
Do
A.&O
!
Chatham RR

N.

jLonimanar-

7s,oonsol., 1914

ioT

Bid.

SECURITIES.

Ask.

Michigan—
7s, 1890

83

”9“

7s

Bid.

SECURITIES.

Ask.

BONDS.

11IV 112V

.

.

E.T.Va.&Ga.—1st,7s,1900; iiY;"
7434
1st, cons., 5s, 1930
96

75

68
102

103 V 104
88 t 88V Erie—1st, extended

103

127

•

i()7V

Cairo & Fulton—1st, 7s
Cairo Ark. it T.—1st, 7s
;
Gen’l r’y it 1. gr., 5s,1931
St.L. Alton & T.H.—1st,7s

Mobile it Ohio—New 6s..1 107 V
Collated trust, 6s, 1892;

Morgan’sLa.it T.—1st, 6s,

!

......

Nash.Chat.it St.L.—1st,7s;

Divisional 5s,

54-V 55

5-6s...

6 TV

91V
! 91V

119

108V 10834
108
! 1083s
76 V! 77
118

! 112
2d, i)ref., 7s, 1894
2d, income, 7s, 1894
i 105
in^ !
1887...! 105V
! Bellov.it So. Ill.—1st, 8s; 120 !f
110
iSt.P.Minn.it Man.—1st,7s!
N.Y. C.it li.—1st, cp., 7si 131V
1 iisv:
2d, 6s, 1909
1st, reg., 1903
j 131 .131V
112
34 113
:
Dakota Ext.-6s, 1910..
Hud.Riv.—7s.2d, s.f.. ’85, 104 V 106
1st, consol., 6s, 1933.... 104 V 105
1
Min’s Un.—1st, 6s, 1922, 108
iSt. P.& Dul.—1st, 5s, 19311
j 101

2d, 6s, 1901
N. Y. Central—6s,

103
106
107 V

'

So. Car.

R’y—1st, 6s, 1920

106

2d, 6s, 1931
i*---Shenaml’hV.—1st,7s,1909 112
N.Y. &. N. Engl
-1st, 7s 106 V
1st, guar. (564), 7s,’94’ 118V!
9 1st, cons., fd coup., 7s..
95
1
85
General, Os* 1921
! 1st, 6s, 1905
2d, (360), 7s, 1^98.
!
lien,
1908 *
i
'1
Tex.Cen.—1st, s.f., 7s,1909 109
!N.Y.C.&St.L.-lst,6s,1921 10o34
2d guar. (188). 7s, ’981
! i Long Dockb’nds, 7s, ’93
*87 V
1st mort., 7s, 1911
2d, 6s, 1923
Miss.R.Br’ge—1st,s.f.6s
|
Buff.N.Y.itE.—lst,1916i
Tol. Del. it Burl.—Main,6s
0734
'N.Y.W.Sh.it Ruff.—Cp.,5s
C.B.&Q.-Consol.7s, 1903; 130 ;130V . N.Y.L.E.&W.-New2dOl
82 a4
1st, Dayt. Div., 6s, 1910
, N.Y.Susq.it West,—1 st, 6s
5b, sinkingfumi, 1901 ,.!*106V
Buff.it S.W.—M.,6s,1908
1st, Ter’l trust, 6s, 1910
Debenture, 6s, 1897.....
6b,debentures, 1913
i 97 ! 97V Ev.it T. H.—1st, cons., 6s
.Tex.it
N. O.—1st,-7s, 1905
Midland of N. J.—1st, 6s
95
la. Div.-S. fd., os, 1919;
! Mt.Vern’n—1st, 6s, 1923
i Sabine Div.—1st,(is,1912
114 V N.Y.N.H.&H.—1st, rg., 4s *106
Sinking fund, 4s, 1919,
96
Fl’tit P.Marq.—M.Os,1920 11334
! Va. Mid.—rM. inc., 6s. 1927!
Nevada Central—1st, 6s..
Denver Div.-4s, 1922..!
90V:
Gal. Har.it S.Ant.—1st, 6s *104
iiov N.Pac.—G. l.gr., 1st, cp.,6s 10138 101V Wab.St.L.itPac.—Geu’l 6s>
86
!
Chic. Div.—5s, 1910
N.O. Pac.—1st, 6s, g., 1920
107 !
Hav. Div.—6s, 1910
80
Norf.&W.—Gen’l, 6s, 1931 106
102
103
V
V
Tol.P.&W.—1st, 7s,1917 109
New River—1st, 6s, 1932
6s1 84
Iowa
Div.—6s, 1921
Central of N. J.—1st, 1890; 113V.T14 ,; Gulf C6l.it S^Fe—7s, 1909} 115 V 115V No.Railway (Cal.)—1st, 6sj*107
Ind’polis Div.—6s, 1921
103V Ohioit Miss.—Consol, s.fd. 118
lstconsol.assented, 1899' 117 V 118V Hann. & St. Jos.—8s,conv. 103
120
Detroit
Div.—6s, 1921
Consolidated 7s, 1898...I 118
j
Conv.,assented,7s, 1902: 117V'119 :i Consol. 6s, 1911
1 110V
Cairo Div.—5s, 1931
2d consolidated 7s, 1911! 125
109V• H011st.it T.C.—lst,M.L.,7s! 109V
Adjustment, 7s, 1903...!
Wabash—Mort. 7s, 1909
1 st, Springfield Div., 7s]
95 I 95V 1 1st, Western Div..i»t„7s ... 11/1
Conv. debent. 6s, 1908..i
107V Hr*
108
Tol. & W.—1st, ext., 7s IO534 106
Ohio Central—1 st, 6s,1920;
695s 70
1st, Waco & No., 7s
! 114 1117
Leh.ifeW.B.—Con.g’d,as. 106 V 107
98 V'lOO
1st, St. L. Div., 7s, ’89
Term’l
*69
1st,
Tr.,
6s,
1920
2d, consol., maineline,8s *12434
Am.D’k& Imp.—08,1921'
j 92
101
2d, ext., 7s, 1893
1
Min’l
Div.,
1921
i
st,
6s,
C.M.& St.P.—1st, 8s, P.D.* 131
2d, Waco it No., 8s,19151
....
85
! Ohio So.—1st, 6s,1921
Eqmpni’t l)ds, 7s, ’83., *35
,*
General, 6s, 1921
2d, 7 3-10, P.D., 1898...1 120 |l21
86
Consol, couv., 7s, 19071
102
120
V:
Oreg’nit
Cal.—1st,6s,1921
|
Houst.E.itW.Tex.—1st,7s
*
7s,
$
1st,
g.t R.D., 1902.1
106V
Gt.West’n—1st, 7s, ’88,*105
! iOr.itTransc’l—6s,’82-1922 72
J;
2d, 6s, 1913
1
1st, LaC. Div., 7s, 1893. 118v:
! 101
2d, 7s, 1893
! I Oregon Imp. Co.—1st, 6s.
119 j
80
I illlCent.—Sp’d Div.—Cp.6sj
let, I. & M., 7s, 1897
Q.it Tol—1st, 7s, 1890, ---! | Middle Div.—Reg., 5s...
i Panama—S.f., sub.6s,1910
1st, I. & D.t 7s, 1899....! 120
102 V 105 i
Han.it Naples—1st, 7s; —
1 i Peoria Dec. it Ev.—1st, 6s
1
C.St.L.it N.O.—Ten.1.,7s 120
1st, C. & M., 7s, 1903...! 125 1127
>101 !
IU.it So.Ia.—1st,ex.,6s
E^vans. Div.—1st, 6s, 1920 100
Consol. 7s, 1905
1st, consol., 7s, 1897 .. 121 1122
! 124*8.125 !
St.L. K.C.itN.—R.e.,7s 105 V 108
110 I...... Peoria it Pek.U’n—1st, 6s 101V,
2d, 6s, 1907
2d, 7s, 1884
104 1
114
Omaha Div.—1st, 7s 113
108 V' Pac.RRs.—Cent.P.—G.. 6s! 11334 114
107V
Gold,
5s,
1951
1st, 7s, I.& D.Ext., 1908; 123 I
85
Clar’da Br.—6s, 1919 *80
116
San Joaquin Br.—ds.. 111V
j
Dub.
&
S.
C.—2d
Div.,
7s
1st, S.W. Div., 6s, 1909. j 110 V 112
84 V
St.Chas.Bge.—1st, 6s
122 V
Cal. & Oregon—1st, 6s 103
Ced. F. <t Minn.—1st, 7s! 120
1st,5s, LaC.& Dav., 1919
“-r 1
No. Missouri—1st, 7s. 118
State Aid bds., 7s, ’84 100 V
Ind. Bl. &W.—1st pref., 7s|*118
1st, S. Minn. Div., 6s, 1910 inv 112
120
West.Un.Tel.—1900, coup. 117
87
Laud grant bonds, 6s. 106 V 108
1st, 4-5-6s, 1909
1 ....
1st, H. & D.. 7s, 1910... 123 '123 V
*114
West. Pac.—Bonds, 6s 111
72
Chic.it Pac.Div.’,0s,191O 112
2d, 4-5-68, 1909
f *71
114
90
89 V 90
So. Pac. of Cal.
1st,6s 10634 1073s N.W. Telegraph—7s, 1904
99
99 V;
Eastern Div., 6s, 1921..!
1st,Chic.it P.W.,5s.l921
81
81V
So.Pac.of Ariz’a—1st, 6s
10834
98
96
Min’l Pt. Div., 5s, 1910.1
Indianap.D.it Spr.—1st,7s! 108
108
108V
So.Pac.of
Oreg’n
Nav.—lst.bsj
N.Mex.-lst,6s
RR.it
96
C.it L.Sup.Div., 5s, 1921’
2d, 5s, 1911.. f
116 1
Union Pacific—1st, 6s
116
INCOME BONDS.
j
96 V 97 V Int.&Gt.No.—1st, Os, gold 114
j
Wis.tt Mm.Div.,58.19211
85 V 8534;
Land grants, 7s, ’87-89; 111V 112 V I (Interest payable if earned.)\
Coupon, 6s, 1909
) 851C.&N’west.—S.fd., vs,’85 104
115V
Alleg’ny
Cent.—Inc.,
1912
1*34
■Sinking funds, 8s,’93.1 115 !
Keht
Consol, bonds, 7s, 1915.1 133
refit’ky Cent.—M.6s,1911!
2i
22
Atl. it Pac.—Inc., 1910...;
1053g0|,;
Collateral Trust, 6s... *105
,.Sh’re—M.S.itN.I.,s.f.,7s!
Extension bonds, 7s, ’85 103
iL.Sh’re—
M.s.itJN.i.,s.i.,vs! 1051
jluom—
103V
Central of N. J.—1908
do
5s, 1907! *95V; 97
104 V
Clove. & Tol.—Sink’g fd.1 104V!
H
1st, 7s, 1885
25
Cent.Ia.—Coup. deb. certs.!
Kaus.Pac.—1st, 6s,’951 109VH1
New bonds, 7s, 1886..1 107V 108V
Coupon, gold. 7s, 1902.. 127 V
1st, 6s, 1896
10934'110 V Ch.St.P.&M.—L.gr.inc.,6s! >90
127 V
Cleve. P. it Asli.—7s—! 114V;
Regist’d, gold, 7s, 1902. 127
I)env.Div.0s,as’d, ’99 10934 110 V Chic.it E. Ill.—luc., 1907!
Buff. & Erie—New bds .! 122
Sinking fund, 6s, 1929.. 112
60
98
98 V DesM.it Ft.D.—1st,inc.,6s
1st, consol., 6s, 1919
Kal.it W. Pigeon—1st..! 110 .113
Sinking fund, 5s, 1929.. IO434 105 V
Det. Mack. & Marq.—Inc.
C.Br.U.P.—F.c.. 7s, ’95
105
Det.M.&T.—1st,7s,1906;
123
I
Sink’g fd. deb., 5s, 1933
30 V "30 v
E.T.V.&Ga.—Inc.,6s,1931
At.C.it P.—1st,6s,1905 *93
Lake Shore—Div. bonds; 123 |
Escanaba & L.S.—1st,6s
21V
90
Gr.BayW.it St.P.—2d,inc*
At. J. CO.& W.—1st, 6s
Des M.& Min’ap.—1st,7s 120
Consol., coup., 1st. 7s.|
>130
Ind. Bl. it W.—Inc., 1919
94*8 95
Iowa Midland—1st, 8s.. 130
Consol., reg., 1st, 7s...I
128
35
Consol., inc., (is, 1921... *32
Ut. So.—Gen., 7s, 1909 103 V
Consol., coup., 2(\, 7s..) 122*8 124
Peninsula—1st, conv. 7s 125
40
99
98
Ind’sDec.it Spr’d—2d,inc. *32
Exten., 1st, 7s, 1909
125
Chic.& Milw’kee—lst,7s 123
Consol., reg., 2d, 7s ... 122*8
Trust Co. certificates
Mo. Pac.—1st, ecus., 6s. 105 V 105 V
Win.it St.P.—1st, 7s, ’87 107 V 108
Long Isl. RR — 1st, 7s, ’98, 120 V 121
*11538
|Leh. & Wilkesl). Coal—’88 80 "85"
3d, 7s, 1906
122
1 101
1st, consol., os, 1931
2d, 7s, 1907
30
40
Lako E.& W.—Inc.,7s,’99|
Pac. of Mo.—1st, 6s... 105 V 106
Louis.West— 1st, 6s
Mil.& Mad—1st,6s,1905
|
40
111
i. Sand’ky Div.—luc.,1920
2d, 7s, 1891
120V
C.C.C.& Ind’s—lst,7s,s.fd.l 123 V 124 V Louisv.it N.—Cons. 7s, ’98* 120
45
Laf .Bl.itMuu.—Inc.,7s,’99
108
St.L.it S.F.—2d, 6s, Cl.A 105
*123
*
Cecilian Br’cli—'7s, 1907
Consol. 7s, 1914
70
103 V 103 V Mil. L. Sb.it W.—Incomes
3-6s, Class C, 1906
N.O.itMob.—lst,6s,1930
95
99
Consol, sink.fd., 7s,1914
61V 65
3-6s, Class B, 1906.... 103 V 103 V Mob.it O.—lst.prf., dehen.
2d, 6s, 1930
C.St.P.M.it O.—Consol. 6s 112 V 112 V
80
34 V
36
i 2d, pref., debentures—
1st, 6s, Pierce C. it O.
E. H.it N—1st, 6s, 1919 105 V
C.St.P&M.—1st,6s, 1918 119
25
40
I
3d, pref.. debentures
Equipment, 7s, 1895.. 102
No. Wis.—1st, 6s, 1930.
95 V 96
General, Os, 1930
21
! 4th, pref., debentures ..
Gen’lmort., 6s, 1931..
122
Pensacola Div.—6s,1920;
St.P.& S.C.—1st,6s,1919 iid
N.Y.Lake E.&W.—luc. 6s
So. Pac. of Mo.—1st,6s *105"
102
St. L. Div.—1st, 6s, 1921 103 V
*
Chic.& E.I11
1st,s.f.,cur. 100
52 V
N.Y.P.& O.—lst,inc.ac.,7s
Tex.it Pac.—1st, 6s,1905 105
92
2d, 3s, 1980
Chic.St.L.& P.—1st,con.5s
50
12 V
92
Ohio Cent.—Income, 1920
90
C’onsol., 6s. 1905
Nashv.it Dee.—1st, 7s. 116
Chic. & Atl.—1st, 6s, 1920
Min’l Div.—Inc.,7s,1921
52 V 53
Income it Id. gr., reg..
S.& N.Ala.—S.f.,6s, 1910
2d, 6s, 1923
18
Ohio So.—2d inc., 6s, 1921
74 V 75
1st,Rio G.Div.,6s, 1930
Lehan’n-Knox— 6s, 1931
Chic.&W.Ind—1st, s.f,, 6s *1*05
Ogdens.it L.C.—Inc., 1920
Pennsylvania RR.—
100
Louisv. C.& L.—6s, 1931
Gen’lmort., 6s, 1932
59 V
9534 96 V Peoria D. it Ev.—Inc., 1920 ★
Pa.Co.’s guar.4 Vs,lst,cp
L. Erie it W.—1st. 6s, 1919
92 V
Col.& Green.—1st, 6s,1916
60
95
Evansv.Div.—Inc.,
1920
*
V
1
Registered, 1921
79
Sandusky Div.—6s, 1919
2d, 6s, 1926
Peoria & Pek.Un.—Inc.,6s
Pitt.C.it
St.L.—1st,
c.,7s
79
80
Laf.Bl.it M.—1st, 6s, 1919
9334 95
Col. H.Val. & Tol.—1st, 5s
iRoch.it Pittsb.—Inc.,1921j *45"
2d, 7s, 1913
120
Louisv.N.Alb.<tC.—lst,6s
91
Del. L.& W.—7 8, conv., ’92 118
44
40
Rome W. & Og.—Inc., 7s.
*
Pitts. Ft.W.it Chic.—1st 138 V
132
Manhat.B’cli
Co.—7s,1909
76V
*
Mortgage 7s, 1907
63
So.Car.Ry.—Inc., 6s, 1931
1*135
128
130
N.Y.&M.B’h—1st,78,’97
Syr.Bing.it N.Y.—1st,7s
*
135
St.L.itl.Mt,—lst,7s,pr.i.a.
3d, 7s, 1912
140
Marietta & Cin.—1st, 7s
Morris »t Essex—1st, 7s 138
!St. L.A.it T. H.—Div. bds- *55 **60"
Clev.& Pitts.—Cons.s.fd. i 125 V 127
114
114V Metropolit’n El.—1st,1908 106 V 107
2d, 7s, 1891

b^s,

Reirg-1st

__

_

_

129V‘

„

-

-

-

-

-

1

-

■*

*

*

—

o.

tvt

„

I

...

..

..

......

„

..

-------

.

......

......

—

_

*No prices




Friday; these are latest quotations made

this week.

t Coupons on since 1869.

354

THE CHRONICLE.
New York Local Securities.

Marked thus (*) are Par.

Bid.

not National.

America*

170
132 b i'3o
280

Chemical
Citizens’

■>00

2020

City

30..

124
2 TO
155

Ex«iango...
Broadway
Butchers’ A Drov’s’
Ceutral
Chase
Chatham

Commerce
Continental

100
100
100
25
25
100
300
100
100
30
50
100
75
100
100

Corn Exchange*
East River
Eleventh Ward*....
Filth

Fifth Avenue*
First
Fourth
Fulton
Gallatin
Garlield.
German American*.
German Exchango*
Germania*

Greenwich*
Hanover
.1

3 00
100
50
100
50

Imp. A Traders’
Jrvmg

.

Leather MannfTs’..
Manhattan*
Marine

Mercantile
Mercnants’
Merchants’ Exch..J

Metropolis*
Metropolitan
Murray Hill*
Nassau*

Park

Peoplo’s*
Phenix

100

;

102

104

....

3 50

162

Republic

St. Nicholas*
Seventh Ward

Second
Shoe A Leather
State of New York*
Third

Tradesmen’s

Union
United States
Wall Street
West Side*

.

......

119

125

50

05
154'

! 100

158

Boston A Lowell—7s

SO

100
112
85
80
115

210
140
115
290
65
115

140

142
Howard
65
Irving
70
1
J e tier son
30
120
130
195
Kings C’nty (Bkn.). 20
200
Knickerbocker
85
90
40
Long Isl’d (B’klyn) 50
108 ' 115
Lorillard
25
65
75
Manufae. A Build.. 100
95
105
Mech. A Traders’
25
85
90
•Mechanics’ (Bklyn) 50
105
110
Mercantile
50
65
GO
50
j Merchants’
105
no
! Montank (Bklyn.).. 50
105
no
: Nassau
50
145
150
(Bklyn.)
! National
37 b (0
95
N. Y. Equitable
35
1 GO
150
! N. Y. Fire
100
85
95
50
120
130
j Niagara
i North River
25
105
no
i Pacitic
25
175
185
! Park
100
100
103
Peter Cooper
20
155
165
50
People’s
108
115
| Phenix
50
140
150
i
Rutger's
25
115
120
Standard
50
90
100
i Star
100
60
65
TOO
i Sterling
60
65
i
25
Stuyvesant
120
125
!
Tradesmen's
25
70
75
United States
25
127
133
: Westchester
10
120
125
Williamsburg City. 50 200 210

100
100

150
110
1-3
108
122
150

100

70
30

...

25
50 105
100 100
25 150 ^2
20
50
100 1128''
100 !uo
100 1.110
115
100 135
100 |142
100 ,125
100 I
40
115
50
100
50

1

City Railroad Stocks and Hondo.
[Gas Quotations by Geo. H. Pkkntlss A
co., Brokers, 11 Wall Street.]
GAS COMPANIES.

Par.

Amount.

Period
i

Brookl}’n Gas-Light

Date.

$

Bid.

*

w

Ask.

I

25 .2,000,000 Var’s
o
Feb., ’84
20 11.200,000 Var’s
(Bklyn).,
3
Jan.,
’84
1,000 i 315,000 A. AO. 3b Oct.,
’83
50 1,800,000 F. A A i 3
I Feb.,
’84
Jersey City A Hoboken..
20 |
750,000
1. A J. 7 b July,
’83
Manhattan
50 4,000,000 .T. A J. 5
272
iMch., ’84
Metropolitan
100 2,500,000 M. AN. 10
230
Bonds
[t eb., ’84
500 | 750,000 F. A A.
Mutual (N. Y.)
100 {3,500,000 Quar. 2 V Jan" "’84
13 i'
Bonds
1,000 '1,500,000. M. AN. G |
1002
10G
Nassau (Bklyn.)
25 il,000,000,' Var’s
3 ISept., ’82
Scrip
Var’s I
700,000 M.AX. 3 b Nov., ’83
New York
100 14,000.000 M.AN. i 5
:Fcb., ’S4
People’s (Bklyn.)
10 jl,000,0001.1. A J.
j 3b!Jan.,
’7G
Bonds
1,000 i 375,000 M.AN. 3 b Nov., ’82
Bonds
Var’s |
125,000’) Var’s ,3 | Oct., ’83
Central of New Yoik
!
50
40(1,000;F. A A. 2 I Feb., ’84
Williamsburg
50
1,000,000) Quar. I 2 Nov., ’83 no
Bonds
;
1,000 1,000,000 A.AO. i 3 lOct.,
’83 106
Metropolitan (Bklyn.)...
100 1,000,000 M.AN.
i'3 I Jan.,
’84 90
Municipal
100 3,000.0001
204
’84
Mcli.,
Bonds
i
750,000) M.AN.
1888
107 b
Fulton

Citizens’ Gas-L.
Bonds
Harlem

.

:

.

I

...

Municipal

Bonds

Equitable

;

l

3,000,000!
300,01 0;J. A J.
2,009,000

-

r

Consol
Sixth Av.—Stock A
scrip
•1st

m or

i

Third Av.—Stock
1st mart

Twenty-third
18t mort

St.—Stock.

1,000
1,000
100

1,000
100

1,000
100

T

150,000) A. A O.
1.050,0001 M.AN.

1,500,000)M.A S.!]
500,000!J. A J.i

2,000,000' Q.—F. i
2,000,000 J. A J.

1,000

*Tfcis column shows last dividend




600,000) F. A

A.

250,000: M.AN.
on

Nebraska, Gs.Nou-ex’pt
Nebraska, 4s
j
Conn. A Passmnpsic—7s-.!

o

’”V~ ~

Jam,

m

i

’84

/

i
|
East’rn, Mass.—6s, new..(
Fort Scott A Gulf—7s

K.
K.

1

City Lawr. A So,—6s..i
City St. Jo. A C. B.—7s

Jam,

Income
N. Y. A N.

7s

’84 153

J 57 b
106

165
143
1121

iFeb., 1914 105

! 11 o

I
1914
1105
JJan., ’84:265

Nov., ’83)240
April, ’93 112
Jam,
’84! 127
Nov..1922 {111

Mch.,
July,
Feb.,
Jan.,
Feb.,
May,

! 165
jll 2

) 120
116

225
11 0^2
110
290

1255
117
130
13

’841110

July,. ’941111
April,
May,

j 210
1110

’84 200
’85 102
107
305
110
270
111
162
110

2V

iidb

212

103
108

325
115
280

113
167
113

stocks, lint date of maturity of bonds.

Leh. V.—1st,6s,C. All.,’98
2d, 7s, reg., 1910

119

Ogdonsb. A L.Ch.—Con.Gs
income

119

Rutland—6s, 1st
Sonora—7s

99 b 100

!

79
79 b
*397bil78

116*2
59

38 b
13 He

40 '
14 b

101

-

Conn. A Passmnpsic
Counotton Valley
Det. Lansing A No., prof.

Conv. Adj. Scrip,
Debenture coup.,

21bi‘

21

Conv.

22

14b
140

19b

...

12b
24 b

PHILADELPHIA,
RAILROAD STOCKS, t

Allegheny Valley.

14 b

.

......

......

7b

7 b

Crmidcn A Atlantic

14
40
24
59

Preferred
Catawissa
1st preferred
2d preferred
Delaware A Bound Brook
East Pennsylvania
Elmira A Williamsport..

Gs, P. B., 1896
Gem, 7s, coup.. 1901
CANAL BONDS.

*25
60
5?*
138

......

......

Ches. A Del.—1st,6s,1886
ILehigli Nav—6s,reg.,'84.

51
42
58

Preferred.

Mort. Kit., reg., 1897 ..
Cons., 7s, reg., 1911
Greeuw’d Tr., 7s, reg...
Morris—Boat Loan rg.,’85
Pennaylv.—Os, cp., 1910..

Huntingd’n A Broad Top
Preferred

Lehigh Valley

70 b

Preferred

i

Schuylkill

Norfolk A Wesl’n—Com.
Preferred
Northern Central

67
60 b

RAILR()AD BONDS.

18b

Gap—1st, 7s, 1893.

1st, Oa, 1905

Consol.. 6s, 1 913
Buff. N.Y.A Phil.—let,Ge

loo"

*

4(3"

45

38
47 b

47 b

*17 b "is"
122

*3*2 b 33*
1*2*6"

126

111b 112
83
50

80

*92**
*

50

51

*9*6** **99*‘

113
117
113
122
113

114b
t

106

*105 b

...4

73

104 b 104 b
115
126
124

"so"
106
97

50

9

50

51

98

50

**u"

BONDS.
) Atlanta A Chari.—1st

16
114

Jnc..i
Bal t. A O hio— Os,.’ 85 A. A O
Ceil. Ohio.—Gs, 1
Chari. Col. A Aug.—Tst.J

86
105

st,M.AS.J

109
108
101

Cin. Wash. A
2dsr

Balt.—ists.)

3 (Is

ColumbiaA Gi'oonv.—Ists
2ds

No.Central—6s, ’85, J.AJ^
6s, 1900, A. AO
Gs, gold. 1900. J. A J
5s, Series A
5s, Series B
Pittsb.&Con’ells.—7sJAJ
U nion RR.—1 st, gua. J A J
Canton endorsed

W.Md*.—*G*s,* 1st] *g*J.*AJ.
2d, guar., J. A J
2d, guar, byW.Co.,J.AJ.
Gs, 3d, guar., J. A J

Wilm. C. A Aug.—6s
Wil. A Wei^Gn—Gold. 7b.

t Per Bhare.

73
198
138

I RAILROAD

8s

*99*'

196
1 r>3
129

Virginia A Temi.—Os

109"

Cons. 6s. 3921
1st, Tt. Gs, 1922

Ex-dividend.

I Western Maryland

!

2d, 7s, 1908

*

93 b

"95"

'nio

100

I Pitt sburg A Comiellsville

29

2S7e

2d, Os, 1885
3d, 6s, 1887.'.

Bell’s

Parkersburg Br

19 v Central Ohio—Com

111

Allegh. Val.—7 3-10s, ’96

7s, E. ext., 1910
Inc. 7s, end., coup., ’94
A«htab. A Pittsb.—1st,6s
1st, 6s, reg., 1908
Belvid’e Del.—1st,6s, 1902

j

coy

CANAL STOCKS.

Lehigh Navigation
Pennsylvania
Schuylkill Nav., pref...

S838
93

BALTIMORE.
Atlanta A Charlotte
Baltimore A Ohio
1st pref
:
2d pref

39

195 b

2d, 6s, reg., 1907

72b
95
75 b
98
89

IRAILR’D STOCKS. Par

N orl h Pen n syIvania
Philu. Ger. A Norristown
Phila. Newtown A N.Y..
Phil a. A Reading
Phila. A. Trent oil
Phila. Wiini. A Balt
Pii tsh.CimA St. L.—Com.
United N. J. Companies.
West Chester—Cons. pref.
West Jersey
West Jersey A Atlantic.

Schuylk. Nav.—1st,6s,rg.

]

10

Pennsylvania
Philadelphia A Erie

72
94
G9

Pitts. Titus. A B.—'7s,cp.
ShamokinV. A Potts.—7s
Shen. Val.—1st, 7s, 1909
Gen’l 6s, 1921

Cons. 6s, 1909
W. Jersey AAtl.—1st, 0s,C.
Western Penn.—Gs, coup.

17

......

108
99 b 102
83

.

7s, cp.off, Jan.,’85

1st, 7s, 1899

......

T

r

18931

West Chester—Cons. 7s..
W. Jersey—1 st, 6s, cp.,’96

| In default.

p

1017e 102

’85-88

Income, 6s, 1923
Income, 5s, 1914
Sun bury A Erie—1st, 7s.
Sunb. Haz. A W.—1st, 5s
2d, 6s, 1938
57
Syr.Gen.A Corn.—1st, 7s.
12b Union A Titusv.—1st, 7s.
30
United N. J.—Cons.6s,’94
Cons. 6s, gold, 1901
Cons. 6s, gold, 1908
Gen., 4s, old, 19245....
6
Warren A F.—1st, 7s, ’96

......

Preferred

128
127 b
114 b

Pliil.Wil.A Balt.—4s,tr.ct
Pitts.Cin. A St.L.—7s, reg

140 bi

...

Ashtabula A Pittsburg..
Preferred
Bell’s Gap
:
Buffalo N.V. A Phil

106 b
92 b
120
120
118

Scrip, 1882
Conv., 7s, R. C., 1893..%

112 b

Rutland—Preferred

110 b

..

81
28 b
38

I

Revere Beach A Lynn
Tol. Cinm A >Sf. Louis
Worcesier A Nashua
Wisconsin Central
Preferred

_

102b 103

2d, 7s, coup., 1893
Cons., 7s, reg., 1911
Cons., 7s, coup., 1911
Cons., Gs, g., J.R.C.19U
Imp., 6s, g., coil])., 1897
Gem, 6s, g., com)., 1908
Gem, 7s, coup., 1908
Income, 7s, coup., 1896
Cons. 5s, 1 st ser.,c.,1922
Cons. 5s, 2d ser^c., 1933

-

N. Y. A New England
Northern of N. Hampsh.
Norwich A Worcester...
Old Colony

—

Phila. Newt. A N.Y.—1st
Phil. A R.—1st, Gs, 1910..

....

i’OTb

122
116 b
118
104 b
122
123
129

7,1906

39 b 39 b
Eastern, Mass
Eastern. New Hampsh.. i
FUclibrr *.:
120
119
Flint A Pore Marquette.
29
29 b
Preferred
*101b 102
Fort Scott A Gulf—Prcf.
124
Common
Iowa Falls A Sioux City.
Kan. C. Springf. A Mom.
Little Rock A Ft. smith.
Louisiana A Mo. River..
Preferred
Maine Central
Manchester A Lawrence.)

io(T
123 b

Cons., 6s, 1920
Cons., 5s, 1920

40

106b

102 b 103b

Perkiomen—1 st, 0s,cp.’H7
Phil AErio—2d.7s,cp.,’88

Connecticut River

i.28**

127
107
106

Norfolk A West.—Gem,6s
N. R. Div., 1st, 6s. 1932
Oil Citv A Chic.— 1st, 6s..
Oil Creek—1st, Gs, coup..
Penusylv.—Gen., 6s, reg.
Gen , 6s, cp., 1910
Cons., 6s, reg., ’.905
Cons., 6s, coup., 1905...
Cons 5s, reg., 1919
Pa. A N. Y. C.—7s, 1890.
,

167

Cheshire, preferred
Chic. A West Michigan.,
('inn. Sandusky A Clove.

Concord

86 b 87 V
102
102 b
120

—

113
—

123‘a

2d, 7s, cp. 1896
Gem, 7s, 1903
Debenture Os, reg

,

Old Cole»ny—7s
6s
Pueblo A Ark. Val.—Is..

STOCKS.
Atchison A Topeka
Boston A Albany
Boston A Lowell
Boston A Maine
Boston A Providenco

120 b
131 \

Cons. Gs, C.A U., 1923..
NT. O. Pact.—1st, 6s, 1920.
No. Penn.—1st,6s,cp.,’85

103V104

N. Mexico A So. I’ac.—7s

66 b

Feb., ’84 205
Jam, If02 106
Oct.1,
’83 155
Jam, 1S88 105
Fob., ’84 lGO
’84 Ml
Jam,
Dec., 1902 118
Feb., ’84 115
| Oct., 1898:110
|Fcb., ’84 215
Juno, ’93)134

Jan.,

91

England—6s..

2d, 6s, 1900

62
16 b
I....

61b
lob

cO^e

25

Junction—1st, 6s, 1882...

87 b

Nes<juehoning Valley

June, ’84 103 b

Fed

IthacaAAth.—1 st, eld.,7s

Little It. A Ft. S.—7s, 1st!
K. City Sp’d A Mein.—6s
Mexican Central—7s

Lit tie

112*2

op., 1900-01
Cor.Cowan A Ant.,deb. Gs,

5s

Minch ill A Sell. Haven...

23

2d, 6s, 1904....
Cons., 6 p. c

{Connect’g 6s,

Counotton Valley—6s

112

July, 1900 110

110

.

Atl.—1st,7s,g.,’93

11 telawarc—Gs, rg.A
op.,V.
i L»el. A Bound
Br —1st, 7sj
{East, Penn.—1 sf, 7s,
1888)
Easton A Amb’y—5s, 192()|

105 :i4 106
87
I....

107
94

[Quotations by II. L. Grant, Broker, 145
Broadway.]

h XV Vnlt IT'
Ctlr1
1 ru\
Bl’cker St.A
m\
Fult.F.—Stk
100
)00,000]J. A J.;
1st mort
1,000 I 700,000 J. A J.!
Br’dway A 7th Av.—St'k.
100 2,100,000 Q.—J.
j
1st mort
1,000 ,1,500,000 J. A D.!
Brooklyn City—Stock
10 2,000,000 Q.—F. :
1st mort
1,000 ) 800,000 J. A I.
Bklyn. Crosstown—(Stock
100 i
200,000 A. AO.
1st mort. bonds
1,000 { 400,000|J. A J.|
Bush w’k Av. (Uk3il)—St ’k •
100 ) 500,000 Q.—F. !
Cent.Pk.N.A E. Riv.-Stk|
100 T,800,000 Q.—J. I
Consol, rnombonds
’
1,000 1,200,000 J. A I). I
Chrlst’ph’rAlOth St—Stk
100
650,000 F. A A.
1
Bends
1,000
250,000| A. A O.
DryDk.E.B.A Bat’y—Stk
100 ,1,200,000) Q.—F.
|
1st mort., consol
: 500Ae !
900,000 J. A D.I
Scrij)
100 1,2(10,000! F.A
|
A.j
Eighth Av.—Stock
100 ,1,000,0001 Q.—J.
I
Scrip
100 1,000,* 00 F A A.!
42d A Or'nd
100
St.F’ry—Stk
748.000 M.AN.■
1st mort
1,000
230,000 A. AO.)
Central Crosstown—Stk.
100
GOO,000 J. A J.;
1st mort
1,000
250,000 M.AN.
H oust.
100
W.st.&P.F’y—Stk
-250,000' Q.—F. j
1st mort
500
500,000 J. A J.i
Second Av.—Stock
100 1,300,500!J. A J..
3d mort

i

jv

Boston A Providence—7s
\
Burl. A Mo.—Ld. gr.,7s.i
119
Nebraska, 6s. Exempt! 116b 117

...

CJan mid

iced:

e.,’89

i

Preferred
Nashua A Lowell
-

Amboy—6s,

Mort., 6s, 1889...

Cam. A

S

Marq. Ilouglil’n A Onton.;

100

j Aak.

....

6s

150
325

Cam. A

{118
22V‘22>y

)

175
1 i O

...

142
105

100

Income

Boston A Maine—7s

Boston A Albany—7s

240
260

SECURITIES.

122*4

Topeka—1st,.7s.)

113

Baltimore

Ruff.Pitts.A W.—Gen.,6s

Atcli. A
Laud grant, 7s
!
Atlantic A Pacitic—6s ...'

160

3 23
90

Ask.!

Bid.

BOSTON.

Ask.

..

1107

Produce*

.

Germania
Globe
Greenwich
Guardian
Hamilton
Hauover
Home

......

125
175

; 50

! 100

Pacitic*

Clinton
Commercial
Continental

Firemen’s
Firemen’s Trust
Franklin A limp..
German-American

......

; 100
' 100

New York
i
New York County .!
N. Y. Nat. Exoh....!
Ninth
i
North America*
!
North River*
Oriental*

City

Eagle
Empire City
Exchange
Farragut

165
122

|

Mechanics’A

j1

157

100

25
Trads’
25
100
!
50

j

120

172

i no

Mechanics’

Brooklyn
i Citiseu3’

150

131 b

Bid.

150
108
25
150
25
165
170
17
140
20
70 ' 120
115
100
50
GO
160
230
245
40
75
100
30
90
50
107
77
17
10
70
108
100
100
205
130
50
50
no
25
230
GO
100
110
15
135
50
100
135
60
50
3 00
GO

Bowery
Broadway

o;>

142

Par.

American
50
Anier. Exchange... 100

130

110
155
268

25

COMPANIES.

\u

i

PRICE.

K-_ K-* CD

100
100
25
25
100
100
25

Amer.

*

1

PRICE.

SECURITIES.

and

XXXVIII.

j

COMPANIES.

Quotations iu Boston, Philadelphia

Insnrancc Stock List.
[Prices by E. S. Bailey, 7 Pine St.]

Bank Stock List.

IVOL.

......

109 b
102

lol-e 10134
70

69 b
35

35b

100b
76

78

1033.1
119 b

117 b 118
103-V 103 b

1023, 103 b
123 b 124
118 r
....

101
125 b
3 09
112

......

•

113

i-id**

m

m mm

11 lb 113

5 Ex rights.

m

22,

jfABCH

THE

1P84.3
RAILROAD

CHRONICLE.

EARNINGS.

railroad earnings and the totals from Jan. 1 to
given below. The statement includes the gross
-Tiers of all railroads from which returns can be obtained.
Scolumns under the heading “January 1 to latest date” furthe gross earnings from January 1 to, and including,
m

a

latest

date are

K.C

the

Roads.

Week or Mo

Ala-Gt. Southern

18S4.

1883.

1834.

2 d wk Mcli
2dwk Mcli
2d wk Mcli

367,000
385.600

j
2
)

88.000

)

261,852
2,967,000
621,068
100,148
1,576,391
1.648,220
289,605
521,636
3,498,000
3,658,200
842,200

4th wk Feb
r‘
st wk Mar
Februa'* y..
.'d wk Mcli
2d wk Mcli
January
1st wk Feb
1st wk Mar

32,353

)

217.973

45,739
160,317
38,007
8,768
12.199

<

349,772
312,581
313.739
7 8,372

352,240
92.119

96,100

;

12,199
583,391
59,205

564,162
48.283

1
2
)
J
5
)

Chicago & Alton
January... 1,618.220
Chic. Burl. & Q 2d wk Mcli
27.139
Chic. & East, Ill - Wk Mar. 8
60,057

Ch.StP-Min.ctO.
Cliio.& W. Midi.
Cin.Ind.St.L.itC.
Gin. N. 0. & T. P.
CSn.Wa.slut Balt.

Clev.Akroiut Col
Danbury & Nor.
Denver & ltio Or.
Des Mo. <fc Ft. D.
Det.Lans’gtt No.

..

19,965
15,512
218,667

E.Teun.Va.ctOa. February..
2d wk Mcli
Evansv. & T. II

315,907
15,257

Eastern

Flint A P. Marq 2d wk Mcli
Flor.R’way ifc N. 2d wk Mcli

Ft.Worth & Den. February..
Grand Trunk... Wk Mar. 8

BayW.ctSt.P.

:

st wk Mar

Gulf Col. & San Fe February
Hous-E.&W.Tcx January...
♦Ill. Cent. (11!.).. 2d wk Mcli
Do
(Town) 2d wk Mcli
Ind. Bloom. <t W. 2d wk Mcli
Ft.S.it Gulf! 1st wk Mar
Kan. C. Sp. & M. 1st wk Mar
.

Kentucky Cent’] j 4 wlcs Feb.
West’n| January ..
L.Rk.&Ft Smith: February..
L.Rk.M.Riv.ct T. | February.
Long Island.... j 2d wk Mcli
Louis v.& Nasliv. 12d wk Mcli
Mar Hough.& O.j February..
Meuiph. ifc Cliarl. j February..
Mcx.Ccnt, So.I).; lth wk Fell
L. Erie <t

Northern Div .1st wk Mar

Mex.Nat-., No.D. 2d wk Meb
Southern Diy.!2dwk Midi
Other lines
3d wk Feb.
Milwaukee it No 2d wk Meb
Mil. L.Sii.&Wcst. 2d wk Mcli
Minn. <fc St.Louis January...
Mobile it Ohio
February..

7
l

)
5

Nash. Ch.it St L. February..
N.0.&Northeast. February..
N.Y.Susq.itWest Jan uar v ..
Norfolk it West. 13 dysMar
Shenandoah V. 2 wks Mar.
Northern CentiT January...
Northern Pacific 2d wk Meb
Ohio Central
1th wk Feb
Ohio it Miss
3d wk Jan.

46.805
19.370
26.200

292,221
6,473
129,417
26,899
228.600
37,100
50,306

7,19:

46,182

37,75u

29,027
87,638
31,111
24,635
39,090
272,740
19,474
108,610

326,501
82.936

56,635

71,610

37,869

351,677

376.413

2,566,712

103.00b

224,212

2,655,942
36,879
21 6,344
281,80.)

39,112

31.111

89,350
160,600

55,976
90,380

9,435

73,435

“
“

“

“

17..
18..

19..
20..
21..

Total....
A

1,806,593 15
1.569,026 82
980,356 90
708.251 54

1,220,387 05
7,305,63 L 75




Merchants’ Exoh.
Gallatin National..
Butchers’ifc Drov..
Mechanics’ ifc Tr...
Greenwich
Leather Mannf’rs.
Soventh Ward
Stato of N. Y
Americ’n Excli’ge.
Commerce
Broad wav
Mercantile

M.KifcT—Inome

Bepublic
Chatham

Peoples’

...

..

Metropolitan
Citizen’s
Nassau
Market

St. Nicholas

Sli<.o ifc Leather..
Corn Exchange
Cont inental
Oriental
Marins

...

Importers’ifc Trad.

Park
Wall Street
No tli Bivor
East Diver
Fourth National..'
Central Nation 0..

G- nnan

29,639
17,517
7,167

12,383

4,246

93,521
14,864

83,497
19,751
110.800

64,295
188,648
306,950
144,272
44,004
100,266
833,268

47,647
59,434
•323.151
152,975
56.195

31,849
670,864

174,051
879,376
129,432

160.883

856,434
118,845

129,432

129,708
61,598

177,185

141,601

,916,854
44,911

1,538,908
86,239

1,9115,854
96,296

9.633

30,212

21,617

69,300
255,962

61,820
206,560

Coin.

48
07
85
10
17
24

$
121,797,917
120,142,217
119.842,072
118,965,424
118,617,032

Currency.

$
26
93
39
79
68

70
11
62
02
10,239,067 50

10,741,330
10,626,964
10,743,117
10,418,739

118,532,754 47 10,258,812 52
•

•

m

m

-

certificates tuken out of cash.

.

...a ........

431,009
507,500
381.509
493.090

327,100

3,432,500
11,088,200
3,152,509
9,321,000
3,371,300
2,8'2,500
2,405,700
2,641,800
3,251,000
4,023,400
8,396,500
2,195,400

266,000|

237,400

548.000
60,000

2,186,500
2,001,700
5,652,100
2,019,800

45,000
2,600
515,200
13,400
861,400

899,300
359,000
189,000

45,000
5,400
265,500
355,500
1,305,000

269,000
444,100

450,000

424,400
270.000

25,557.200
1.627,709

45,000

1,748.409!
272,000

1,006,500

1,748,000

381,000)
562,7001

1,373,000
17001,200 2,955.600
4.742,2001 1.269,700
260,600
1,445,200!
259,500
2,116.600
14,100
1,772,500
473,200
2,579,400
2,418,200

223.100

1,343,700

680,000

1,563,000

283,500
779,800

4.666,090

1,574.090

4,030,300

795,800

1,304,3091 24,338,900

17,399,900
11,167,009

531,500

449,900

981,900

17,273,600
5.32.1.890

217.800

1.3.50,009
1,985,390

610,100

214,600
360,000
297,000
45,000

4,259.090
6,7 07.60i

651.000

239,400

268,900

225,000
180,000

2,287,100
2,3 46,090
5,735.900
2,552,200
2.390,900
2,125,800

78.399
424.0001

92,000|

200,000!

50,800

45,000

1.398,300

221,700
250,709

483.900

212.900

2,496.200

44.890

158.109

765,200

189,000

139,509

1,219,800

135,000

891,200|

46.700]
224 160

1,109,300

151,087,200 65,746,900. 28,726,800

6.298)900

447,800

351,275,509! 14,669.500

totals for several weeks past:
\L. Tender3.\ Deposits. Circulation
$
l£
j
I
^
a*

are

Specie.

Agg. Clear'gs
$

Mch.l1344.438,GOO!7G,848,200 31,789,700 359,7-> 1,700 14.506.800 671.556.164
“
“

8
15

348.279,900 71,898,100 29,693,900 355.085.300 14.612.800 860.677,806
351,087,200 65,746,900 28,726,800 351,275,500 14,669,500 578,598,367

Boston Banks.—Following are the totals of the Boston banks;

“
“

|

Loans.

io
17

L, Tenders.

Specie.

$
5,791,500
5,279,709
4,904,700

145,317,700 6,327,999
145,435,400: 6,231,600

Deposits.11

Circulation Ann. Clear'gs

$
$
97,801,900 24,519.800
99,760,490 24,432,690
95,716,200 24,015,600

$

67,8o2,010
05,578,160
60,303,214

Philadelphia Banks.—The totals of the Philadelphia banks:
Deposits*

79,730,204
80,590,302

21,477,536
21,153,280

73 728,263

8,979,656

73.758,309

80,713,406

20,038,673

73,775.155

8,993,070
9.003,824

....

$

$

$

Mch. 3
10
17

Circulation}Ago. Cltar'gs

\Lawful Money.

Loans.

1884.

51,060,501
51,909,264
46,300.564

^Tncludiug the item “due to other banks.”

Unlisted

Securities.—Following
Bid.

Securities.

Ain. Safe D> p.—Perp. deb.'
Atlantic & Pnc.—Os, 1st M

i
I

Incomes

Blocks, 33 p. c.
Cent. Div , old
Cent. Div., non-

Accumulated land grant
B st-. H. ifc E.—Ne.> stock
Old stock
Boat. 1I.T.& West.—St’ck
Debentures

B’klyn El.—1st M.,ass’t p.

and Texas.

1,800.200

1.985,000

3,929,357
108,584
1,608,775

218,211

170,500

4.107,300
1,224,000

3,574,233
137,577
1,499,749

216.705

2,331,400
633,100
2,125,000
631,100

7,827,300
2,404,309
3,324.500
4,457,400

1,504,000
1,252.300

82.400
238,507
611,838

166,669

103.400
398,500

160,400
263,600
496,400

16,038,500
9,420.000

264.192
4S0.877

589,005
164,727

606,100

1,100

255,900

16,236,100
6,133,500

277.000
148,700

$
1
$
Mch.3 145,919.400 6,161.200

951,219

1,865,000
1,116,900
390,600
391,500

30.000
75.400

1884.

696,051
979,020
600,644
148,307
128,574

99,600
189,100

463.000

154,525

75,494

553,300

1,671,500
121,900
2.311.800
735.000
4,264,000
22,339,100! 4,007,300
20,941,900 4,555.100
173.700
1,65 4,500

170,548

93.108
82,400
238,507
233,238

|

161,200
215,200

1.009,800
2.334,600
1.197,100
4,037,300
9,723.000

272,800
222,009
439,000

978,049

$

164,4 00

3 61,400
594.000
437,700

1,405.500

143,007

I

49,800

118.09n

409,84'-

528,628

}

988,000

0.362,70(1

following
Loans.

8-4,0.10

186.900

217,600

Exoh'nge.

j

85,500

1,371,300
14,801,200
3,062,500
2,678,300
1,821,200

199,400

8,985
68,107
472,013
105,282
499,253

1884.

124,200
157,800
758,760
372,900

1,044,000

357,300

0,487,500
2,666,000
7,0 7.90C
2.062.000

201,600
421,000 l

299,900

•

$

450,000

7,595,800
7,616,000
4,169,400

782,000 !
210.400 !
649,3 00 1

576,100

Germania
United States
Lincoln
Garfield
Filth National....

The

514.000

369,600
430,900
468.000
153,000

Circula¬
tion.

$
9.663,00C
7,192.00

1,078,000

331,800
555,200
3,784.000

3,566, i*()0i

Second Nafional.J
Ninth National...
First National
Third Nationai
N. Y. \'at. Exch..
Bowerv
N. Y. County
G.-rman-Americ’n.
Chase National...
Fiftli Avenue

$

862,00(1

378,500
3,356,000
3,440,200
1,179,000
1,786,400

10,389.000
20,775,900
7,0b 6.200
7.017,500
2,394,400
3,444,100
4,075,100
1,570.000
3,137,300
10,1.8,200
3,028,300
11.591,000
3,021,900
2,573, <•.()()
2,874,900
2,910,700
3,140,000
4,920,001)
7.128.800

Pacific

North America
Hanover
Irving

$

2,107,000
1,082.000
1,127.900
1,0-41,000
1,432,700
1.422.60C
531,000
1,841,100

4,40(1,300

74,538
64,955

68.107
80,182
24.784
499,253
10S.400
19.963

11,445,979 f>,l

Includes $271,000 gold

Chemical

392,651

5,675

1,410,713
3.579,629
1,753,018
2,181,383
1,236,315
*1,284,920

Enl ton

397,487

$

$

City
Tradesmen's

195,263
5,301

Payments.

1,021,016 29

Union
America
Phenix

384,457

t Embracing lines in Mo. Ark.

Receipts.

....

Merchants’
Mechanics’

Net Deposits
other
than U. S.

Legal
Tenders.

Specie.

$
9.697,000
8.225,00(1
7,779,500
8,660,000
4,323,000
11,642,600
3.006,000
7,278,600
3,214,000
1,405,600
14,164,700
3,511,200
4,919,300
1,867,100
963,000
1,028,000
2.985,000
1,2’.3,400

133,428

Balances.

Bate.

New York
Manhattan Co

350.685i

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

“

Loans and
Discounts.

168,215

187,690

U. S. Sub-Treasury.—The

Meli.15..

Banks.

167.117
83.459

18,210
83,459

..

Includes Southern Div.

123,572

87,638]

261,700
17,676

.

*

586,673

526,222
403,587

1 st wk Mar

...

34 4,777

84,583

31,773
16,166

11,657
Tol. Cin. & St. L. February..
8.3,611
Union Pacific... January... 1,538,908
42,80-1
VicksbTg & Mer. February..
17.457
Vicksb.Sii.&Pac February
West Jersey
69,300
January
Wisconsin Cent' M wk Mch
27,167

295,605
46,637
2,292,811

76.111

‘

.

Tex. & St. Louisl

274,754

53,221

123,572
34,041
33,646

.

113,901
118,845

3,270,544

77,675

40,983
7,501
9,100
15,500
8,513
11,515
21,830

75.194

8t. Louis it Cairo 1 st wk Mar
St. L. Ft. S. it W. 2d wk Mch
Bt.L.&San Fran. 2d wk Mch
St. Paul & Dul’tli 2d wk Mch
8tP.Min.it Man. 4th wk Feb
South Carolina
January...

2,985,716
61,031

49,000

Average Amount of—

-

...

264,192
187,503

(brehs.) 1st wk Mar

193.747

33.751

..

Do

218,314
50,700

161,029

11.647

19,867

Mcli

457,415
635,763
132,467
451,318

50,741
2,025,900
326,500

Oregon Imp. Co. January
Oregon R.itN.Co February.,
3,574.233 3,929,357
Pennsylvania... January
Peoria Dec.AEv. '. st wk Mar
16,253
12,59-4
Philavit Ilead’g Janu ary... 1,499,749 1,608,775
Do
Cent.N.J. January ..'
696,051
Do
C. it Iron January...
951,219
979,020
Ei'chm’d it Dauv. February..
333,755
329,248
Ch.Col.it Aug. February..
82,931
91,109
71.928
95,591
Collinjbia&Gr. February..
113.823
Va.Midland
109,590
February..
West. No. Car. February..
27,557
35,088
6,111
Rock. & Pittsb’g 2d wk Meli
18,269

Bt.L.Alton&T.H.'hl wk

138,119

118,480
473,097

46,737

86,410

..

164,616

625,786

3^,738
64,055
88,877
27,482
409,846
161,500

..

14,668

149,501
136,208
462,124

13,9'

133.428
165.146
210,495

..

Oregon <t Cal... January

^

5.506

hi wk Fe!>.
4th wk Feb
i whs Feb.

Dub.&SiouxCity,

440,669

494,844
213,147
3,213.633
555,365
115,484
1,519,693
1,625,680
319,555
483,173
3,460,710
3,529,1 L7
776,973
200,636
385,181
339,847

.

Mil. «fe St.I.
North \v.

167,046

462.532
593,214

3

Pacific

Chie.&

$

169,181

L
3

85,057

46,705
1st wk Mar
4G.OOO
id wk Mcli
Canadian
52.733
2 wka Mcli.
Central Iowa ... February 1,384,000
Central Pacific.. 1st wk Mar
64,472
Chesan. & Ohm., 1st wk Mar
12,410
Eliz.Lex.&B.b. 2d wk Mcli 182,526

Chic.& Gr. Trunk

1883..

$

$

*

February..

Jan. 1 to Latest Date.

Reported.

jjur.Ce&R & No-

Gr

New York City Banks.—The following statement shows the
condition of the Associated Banks of New York City for the
week ending at the commencement of business March 15:

mentioned in the second column.

period

Latest Earnings

Chic.

355

2d mort
Ind. Decatur ifc

21

Keely Motor

L. ifc N.— Col.

1st mort

o

62
30

48

1034.
88 q

2q

Mexican National
Pref

10
23 q

mort

Mo.

O

Pacific—Co\fchry ctfs.
scrip

..

Mut.TJn.—St’ck trust ctfs
New Jersey Southern
N. Y. M. tin. Tel.—Stock.
N. Y. W. Sli.it h.—stock.

5
42 q1
14 q

8
65

35

Pos-al

Telegraph—Stock.

1st mort., 6s

i

! Postal Tel.it Cable—Stock
; .St. Joseph ifc Western
st

1

.Io. ifc

79 7s
221

1st mort.

2d mort

523s Sel. B. ifc D.—1st, stpd ’80
1st mort., stamped 138
2d mort., sta .»ped 1880
66
2d mort., stamped 1882.
Incomes
18
o Tex ifc 0<-l fo p,
60 P- c
Ex-bond
49
Texas
Pacific—Old
scrip.
3
New seiip
12q
89
! Tex.-St. L.—M.ifc A.div.as p
M. it A, Div., 1st mort..
3 !
12
6s, 1st mort., m Texas..
Gen. lst.ld.gr.ifcinc.asp.
24 q
-.
sq TJ. S. Electric Light
43 l Utah Central—1st mort...
20
YTicksburg ifc Meridian...
1st mort
V
60 >
Incomes
i2q

1

• »

•

•

20
31

o058

sq
15
...

28:
IK)

734
58t%

53 s

16-

...

100

Pne., 1st mort

2d mort
Ivans, ifc Neb.,

—

"riq

•

1st mort

34
;*8

q

•

lS^H

......

Pittsburg ifc Western.....

;

15

trustbds’82

Pensacola it At antic

90

74 q

bq

Incomes

■

A‘k.

Bid.

i North. Pac.—Div. bonds..
i
Nortli itiv. Cons.—100 n.e
! Ohio Cent.—Biv. Div., 1st

97 q

95 q

Spring!..

1

105

Ruff.N.Y & Ph.—Trust,6s 69
94 q
Cent, of N. J.— Debent
15
Cliic. & Atl.—Benef. stock
Denver ifc New Orleans...
51 q
Denv. ifc Bio Or.—5s
10
Denv. ifc Bio Gr. West
64
1st molt
Edison Elect!ic Liylit.... 130

Georgia Pac.—Stock
1st mort., Cs

latest quotations for a

Securities.

A Sic. !

9iq
84
68
15

are

523*

•18
80
40

85

iq
78

2q
iq

V

iq
q

Io

q
95
6'
40
38 q
40
40
9

95
83

iFq

9

39 q
55
......

-

»

•

•

•

m

100
»

4q

96 q 100
70
20

366

THE CHRONICLE.

lutrestmems
INTELLIGENCE,

The Investors’ Supplement
contains a complete exhibit
of the
Funded Debt of States and Cities and
of the Stocks and Bonds
of Railroads and other Companies. It is
published on the
last Saturday of
every other month—viz.,

June, August, October and December, and isFebruary, April,
furnished with¬
out extra charge to all
regular subscribers of

Extra copies

the Chronicle.

sold to subscribers of the
Chornicle at 50
cents each, and to others than
subscribers at $1 per copy.
are

ANNUAL

REPORTS.

Chicago Milwaukee
{For the

year

& St. Paul.

ending December 31, 1888.)

during the year were as follows:
Common stock at date of last
report
Issued on vote of st’kliolders at
$27,904,261
annul meeti’g in
June, ’83.
3,000,000
common

stock

500—

Total preferred stock

93,500

operating

exp.

7.742,425
5,343,094

earns.

59*16

133,500

146 miles.

8,011,533
614,609

589.013
93,609

65,367
341,370

114,029
325,434

221.112

10,317,931 12,186,073
13,778,037
6,707,530
8,200,653
9,881,787
60*60

59-77

58-23

and

damages to

Tot.

'

$

on

1881.

1882.

$

6,707,530
635,308

8,200,653

5*667,992
$
2,837,385

7,342,838

8,824.467

1.937,862
7

4,856,247
811,745

$

9,881,787

623.814

$
4,127,389
1,965,722

164,707

10,046,494

$

$

4,786,054
2,461,042

7

-•>,373,925

3,212,895

7

81,000

disbursem’nts.

1883.

$

5,343,694
324,298

6,093,111
1,249,727

7

7,247,096
1,577,371

8,586,820
1,459,674

*

A portion of these
dividends was
ings of the previous year, as follows:stated as payable out of the earn¬
In 1880,
$1,398,712; in 1881,
$973,306; in 1882, $1,218,201, and in
1883,

$1,552,311.

GENERAL BALANCE AT
CLOSE OF EACH FISCAL
YEAR.

18S0.
$

Assets—

Railroad,equipm’t,&c 99,185,683
St’ks & b’ds
own., cost

Bills&acc’te rec’vable
Materials, fuel, &c.
..

Cash

on

til.

hand

& Iowa coal lands
Cash due on st’k subs

Miscellaneous items..

2,163,567

1881.

1882.
$
$
1 20,073,630 138,015,099

733,992
564,715
382,951

1,265,364
663,641
1,028,764
555,200

232,736

1,129,215
417,660

'68,846
2,361,234
1,495,113
2,969,732

503,119

1883.

146,093,665
1,161,980

1,550,232
1,223,043
3,048,965
944,132

689,578

255,odi

Total assets

103,313,644 125,636.593 146.554,663
154,022,017
Liabilities—
$
$
$
Stock, common
$
15,404,261 20,404,261 27,904,261
Stock, preferred
30,904,261
12,404,483
14,401,483
Bonds (SeeSuppLM’T)
16,447,483
67,172,000 79,059,000 89,635,500 16,540,983
All other dues <fc acc’ts
96,272,000
2,067,165
3,899.002
4,943,872
Unpaid pay-rolls, &c.
1,711,099
1,048,541
2,279,836
Land department....
2,216,630
1.732,687
1,787,509
Advances
1,781,907
873,911
Income account
4,343,283
5,593,011 13,619,408
5,079,080
^

50 miles.

Total

50 miles.
12 miles.
4
do
28
do

1880.

Balance for year

expendi¬

146 miles.

7,023,918

473,166

611,549

debt
Dive, oil both stocks*
Rate of dividend

EXTRAORDINARY EXPENSES.

du Lac....

Extraordinary

Miscellaneous

At the date of the last
report the company owned, 4,520
miles of road.
During the year 1883 there have
been con¬
structed or purchased 240 miles.

6,051,930

375,028
45,914

Miscellaneous

Interest

There have been purchased and
added to the
the company in 1883 cars and
equipment of
locomotives
casting $865,407.
There have also been
expended, for new buildings and other
property, $758,725, making the total
extraordinary

In the State of Wisconsin
From Eau Claire to
Chippewa Falls
From North La Crosse to
Onalaska
And from Tron
Ridge Junction to Fond

Taxes

Totalincome
Disbursements—

$96,405,500

500—

26 miles.
21
do
3
do

19,734

RESULTS.
1881.
1882.

~

Receipts—

$96,272,000

In the State of Iowa
From Sigourney to Ottumwa
From Cedar Rapids to Amana
And from Okoboji to
Spirit Lake

657
507

18,557

AND FISCAL

..

Net earnings
Other receipts

93,000

In the Territory of Dakota
In extension of the
Southern Minnesota
Division,
from Howard to Woonsocket
38 miles.
From Letcher to Ashton, in the Junction
James Riv. Valley. 81
do
And in extension of the
Hastings & Dakota Divis¬
ion, from Aberdeen west to Ipswich
27
do"

16,772

1883
4,760

INCOME ACCOUNT.

$390,000
3,360,000
1,420,000
1,600,000— 6,770.000

$1,624,132.

626
461

Including elevators, stock-yards, personal
injuries
property, legal, insurance, rent of cars, &c.

$6,636,500
The entire cost of the
company's
property
is
represented by
a total
capitalization, in stock and
of -$143,717,244 for
4,760 miles of road, being at the rate bonds,
of $30,192
per mile.

tures

527
375

Passengers carried
2,127,501
1883.
2,985,885
3,956,814
Passenger mileage.-.111,561,919
137,940,086 200,790,926
4,591,232
Rate per pass. p. mile.
235’s7q’’tfi
2-84 cts.
2*86 cts.
2 58 CTS.
ets.
Freight (tons) moved.
2-59 Pfa
3.260,553
4,270.088
5,127,767
5 661
Freight (tons) mil’ge.504,876.154 6997,347,607
Av. rate p. ton p.mile.
945.250.159 1176605039
1*76 cts.
1*70 cts.
6605032
1 -IS cts.
Earnings—
1 '39
$
eta.
$
$
Passenger
3,159,051
$
3,938,980
5,179,078
Freight
8,884,227 11,884,795
5,927,668
14,002.335
Miyl, express, &c
1,042,841
1,201,677
1,205,313 16,365,354
1.366,802
Total gross
earn’gs... 13,086,119 17,025,461
20,386,726
Operating expenses—
$
23,659^24
$
$ '
Maint’nce of way, &c.
$
1,549,279
2,018,424
2.258,317
Maint’nce of equip’t.
1,086,899
2,223,17o
1,367,674
1,999,504
Transp’rtVn exp’n’s*. 4,073,756
2,489,257

$89,635,500

Total bonded debt
Increase during the year

425
319

1882.
4,520

18SO.

liens

$40,000

4,217

*

$16,540,9S3

Less land grant bonds, 1st
series, redeemed
Exchanged for preferred stock—
La Crosse Division bonds
River Division
sterling bonds

1881.

OPERATIONS

Net earnings
Pr. ct.op.ex. to

$93,000

including all

1880

3,775

13,340

Operations—

Tot.

$16,447,483

sterling bonds

Chicago & Pacific, Western Div
Wisconsin & Minnesota Div
Land grant bonds, 2d series

Locomotives
Pass., mail & exp. cars
Freight & other cars.

$30,904,261

Preferred stock at date of last
report
-Issued in 1883, in
exchange for first mortgage—
La Crosse Division bonds
For River Division,

Total bonded debt at date of
last report,
on purchased roads
Issued and sold in 1883—
Hastings & Dakota Div. Extension

Miles owned.

,

The annual report of this
company for the year 1883 lias just
been issued and makes a
very favorable exhibit.
The changes
in the stocks and bonded
debt

Total

xxxvin.

early day be supplied Vvith an
abundance of traffic
product of the rich prairies,
through
peopled by an energetic and thrifty racewhich they run ’
of settlers.*’
’ now
The comparative statistics for
four years,
compiled
Chronicle, are as follows :
forth

AND

RAILROAD

[vol.

44 miles.

liabilities...103,313.644 125,636,593 146,554,663
154,022,017

t $3,550,974 of income
balance applied towards
shares common stock taken
payment for 71,019
by shareholders
at par.

Southwestern (Gould) System of
Railroads.
{For the year ending Dec.
31,1883.)
brief

The
pamphlet report of these companies has been
issued this week. The remarks
were quoted in the
.4,520 miles. of
Chronicle
March 15, page 331.
Making the present mileage of the road
The net results of the
4,760 miles.
operations of each road for the year is
“All of which is owned
shown
in the table below, which
by
the
company. No part of it is
gives the net gain or loss in
held upon leases on which rents
the income account after
are
reserved, and the property “
is only encumbered
charging
off all liabilities. The
debit ” account, as in
by the bonded debt above
Missouri Kansas & Texas and
company has never guaranteed the bonds ormentioned. The Texas Pacific, indicates Wabash,
a
indebtedness of from
deficiency in income carried forward
any other company, and has no
year
to
year;
with
St. Louis & Iron Mountain
contingent liabilities of any
kind or description.
a defic¬
iency
of $109,921 last year is
“
Since the last report 420 miles
changed to a surplus of $936,573
this year.
of new steel rails
have been
laid, 213 of which were on the new road
BALANCES OF INCOME
constructed and 207
ACCOUNT.
miles in renewal of track in
of iron rails taken
Jan. 1,
place
“
Jan. 1,
Gain in
The 81 miles of road
up.
Loss in
1883.
constructed in
1884.

Length of

road at last report.

44 miles.

from Letcher
Ashton, make a continuous line in theDakota,
James River
from Yankton,
Valley
by way of Mitchell, 'through
Aberdeen to
Ellendale, a distance of about 250 miles,
within 65 miles of
reaching a point
on

*

to

Jamestown,

'l

,

the Northern Pacific. The
88 miles constructed from
Howard City to Woonsocket
are an
extension of the Southern
Minnesota line to a connection
with
the James River
Valley line. By means of these
the lines of the
additions,
all
company in Dakota are connected.
“
The rapidity of the settlement
of Dakota is a marvel
of the
times. During the last
year over 12,000,000 acres of
land
were taken
up for cultivation by settlers, and from
vices we have
present
ad¬
every reason to believe that the
immigration
the
present year will equal that of the
past. The lines in Dakota,
although mostly built in advance of
settlements, will at an




Mo. Kan. & Texas
Inter. & Great North...
St. Louis Iron M. & So..
Texas & Pacific
Wabash St. L. & Pac...
*

Debit.

4,635,161
*4,282,281
3,101,075
*109,921

*1,866,532
*2,035,880

the year.

5,064,563
*3,910,783
3,064,783

371,498

936,573

1,046,494

*2,040,136
*4,073,583

the year.

429,402

36,292
173,604
2,037,703

The

statistics for 1883,
compiled for the Chronicle, in
parison with the figures for 1882, are as
follows :
Missouri Pacific.
Miles of road operated Dec. 31
Passengers carried (No.)
Freight carried (tons)

Earnings from—

Freight

1882.

com¬

1883.

990

990

1,472,311
3,194,353

1,567,683
3,270,721

$5,780,859

$6,469,640

passengers

express, &c

.

•

I*.’’.*’.’.’.!

$1,830,000
477,159

$2,085,287
598,804

$8,094,018

$9,153,731

$1,359,000

$1,040,085
1,442,588

cJ»/?rW.rtothm

tiSSSS* way::::::::::::::::::::::::

1,345,450
148,420

General

Net

$3,709,730

$4,978,405
$4,175,200

53-44

51 -39

$4,324,888

Total expenses

—

expenses to earnings.

1883.

1882.

earnings

$4,175,200

$3,709,730
700,552

,

*

Dividends* Arc

439,001

-

dividend

of

dislmrsements
for year

Total
Balance

Assetscost of road

$1,667*880

1’*,47;11J
o7*4or>8

2,097,348

$3,892,877

$4,185,524
$429,403

420,296

$577,405

GENERAL BALANCE

1882.
$39,298,901

.

20,850,312
§24,11v

$3,343,214

$2,378,822

$2,492,517

191,059

479,200

$2,569,881

$2,971,717
sur.$371,497

$62,930,340

StSk^.T.
Funded debt

$29,958,900

$66,448,676
18,484.410

1,106,870

1,468,807
54,705

1 (>,899,203

8.742

22,741

Supplies and materials on baud

4,2S2,2S2

3,910,784

$89,371,067

$90,367,382

$46,117,468
40,713,717
1,403,123

$46,417,566

5,004,504

$62,930,340

$64,971,084

122,911

1883.

operated December 31
Passengers carried (No.)
Freight carried (tons)
Earnings from—

882

905

955,787
1,500,491

1,028,943

Miles of road

$5,714,502

Freight

Total earnings
Expenses for—

Conducting transportation
Motive power
Maintenance of way
Maintenance of cars

General
Total expenses

Net earnings

operating expenses to eam’gs.

1,402,239
405,408

1,595,905
490,028

$7,582,209

$7,904,083

$1,271,928
909,554

$1,409,074
1,128.737

1,114,990
348,308
141,747

1,080,048
428,434

$3,840,587
$3,735,022
50*73

$4,214,563
53-32

INCOME ACCOUNT.

Receipts-Net earniDgs
Other receipts

Total net income
on bonds
Taxes, bridge and car expenses,

Interest

&c

Total disbursements
GENERAL BALANCE

earnings

.

Miscellaneous
Income account

$3,435,968

$692,581
591,066

$784,050

Per cent of oper. expenses

$2,305,385
$1,006,900
69-60

to earnings—

$2,748,042

$2,738,679
$1,046,495

$52,705,985
'

3.022.598

5,240,668

1,518.032
306,279
109,922

37,564

$57,647,566

$61,006,815

33,929,901
1,311,377

$22,083,865
35,319,299

Sundry accounts payable

322,203

867,138
1,799,940
936,573

$57,647,566

$61,006,815

'

Net earnings

1882.

$954,252

67,072

34,657

$1,073,972

$988,909

$1,119,057
65,688

$908,785

Other receipts
Total net income

Disbursements—
Interest on bonds
Taxes, rental. Arc

$1,185,345

Total disbursements

def. $111,373

Balance for year

GENERAL BALANCE DECEMBER

Asset s~~~
Cost of road and equipment
Investment in stocks and bonds
Cash on hand

Missouri Kansas & Texas.

Passengers carried (No.)
Freight carried (tons)
Earninq8 from—

Freight......
Passengers
Mail, express, &c
Total earnings
Expenses fot—
Conducting transportation

1883.

$1,006,900

116,417

$1,025,202
$36,293

def.

31.

1882.
$27,779,000

247,543
3,140

1883.

$27,867,110
250,493
4,664

90,858

Supplies and materials on hand

36,729

Miscellaneous

$28,158,170

$28,122,267

$9,755,000

$9,755,000
15,008,000
247,071

15,008,000
241,368
52,727
3,101,075
$28,158,170

47,413

3,064,783

$28,122,267

only operated under lease to the International
1883, having been foreclosed in 1882. No
report of earnings in 1882 has ever been published; in 1881
gross earnings were $327,652 and operating expenses $340,665.
It is but 50 miles long, and forms the only outlet of the Gould
system to the city of Galveston; but the road was in poor con¬
dition when foreclosed, and large expenditures have probably
been made on the property.
In 1879 the gross earnings were
reported at $536,838 and operating expenses only $307,287,
leaving net earnings $229,551.
1883.
This road

was

& Great Northern in

50

operated Dec. 31
Passengers carried (No.)
Freight carried (tons)

Miles of road

31

72 23

Galveston Houston & Henderson.
1883.

$22,084,085

Miles of road operated Dec.

$2,481,716
$954,252

INCOME ACCOUNT.

$2,259 193

479,486

746,399
711,029
146,998
93,240

177,682
81,960

earnings

$2,248,979

499,003

817,321
202,352

762,096

Total expenses
Net

Capital stock

Funded debt
Interest due and accrued
Income account

$3,312,285

Liabilities—

Liabilities
..

$2,416,295

General

Funded debt
Interest due and accrued
Miscellaneous
Income account

1.333,985

Investment in stocks and bonds
Due from railroads and individuals

$2,404,534
727,936
179,815

Maintenance of way
Maintenance of cars

$3,785,174

$51,164,890
3,214,452

492,172
593,452

Motive power

$3,838,514

1882.

775

250,817
486,585

Conducting transportation

DECEMBER 31.

Assets
Cost of road and equipment
Land grant lands

Capital stock

Total

$3,690,120
95,054

$1,089,872

Balance for year

1883.

775

Expenses for—

1882.
$3,735,022
102,892

Disbursements—

*

Passengers

101,070

$3,690,120

1893

1882.

Receipts—

Passengers
Mail, express, Are....

$90,367,382

Miles of road

1,557.954

$5,S12,150

$89,374,067

International & Great Northern.

Mountain & Southern*
1882.

37,502

41,560,590
1,477,977
896,676
14,573

802.257

$29,902,125

4,030,10-

account

St. Louis Iron

LiabilitiesCommon stock
Funded debt
Interest due and accrued
Net from land department
Miscellaneous

Mail, express, &c

20,895,000
496,433
2,430,051

Interest due and accrued
Vouchers for December
Miscellaneous

1883.

$67,054,220

Arc

$64,971,084

2o,3 / 9,000
408,972
2,395,920

31.
1882-

equipment

operated December 31
Passengers carried (No.)
Freight carried (tons)
Earnings from—
Freight

779,050

' 09,441

to railroads

Per cent of

$2,472,241

deti’t.$97,610

Due from railroads,
Cash on hand

1883.

$39,950,939
22,324,310
1,185,718
731,001

Income

$3,197,007
146,207

GENERAL BALANCE DEC.

Assets—
Cost of road and

DEC. 31.

and equipment
Divestments in stocks and bonds
Materials and supplies on hand
Advances

Total disbursements

Balanccfor year...

$4,014,927

$4,470,282

Dividends pan!

1883.

$2,265,478
206,763

Ineonie account

Total net income.......
Disburse nient‘-{(id
Rate

Total net income.
Disbursements—
Interest on bonds
Taxes, rentals, &c

Investments in stoc k and bonds.

INCOME ACCOUNT,

Receipts-

earnings

Net

401,322

JSnnncc of cars

earnings
Per cent of operat’g

1882.

Receipts—
Dividends, etc

Total earnings

vet

INCOME ACCOUNT.

1883.

3 882.
:

357

THE CHRONICLE,

23, 1884.

Junes

91,195
189,190

Earnings from—
Freight

1882.

18S3.

1,374
557,035
1,655,103

1,386
793,808
2,130,894

$4,710,072
1,380,591
359,801

$5,644,939
1,750,676
447,896

$6,450,464

$7,843,511

General

$1,172,216
1,117,253

$1,385,610
1,465,846
1,196,854

Deficit for year....

$280,089
88,624
21,117

Passengers
Mail, express, &c
Total

$389,830

earnings

Expenses for—

$187,260

Conducting transportation

112,948

Motive power
Maintenance of way
Maintenance of cars

102,361
16,799
12,714

'

Motive power
Maintenance of way
Maintenance of cars
General

1,369,504

377,084
148,929

$4,184,986
$2,265,478

Total expenses
Net earnings
Per cent of operating expenses




to earn’gs.

*>4-88

$432,082
$42,252

Total expenses.

449,813
148,381

Texas & Pacific.

$4,646,504

Miles of road

$3,197,007
59*24

Passengers carried (No.)

operated December 31—,.

Freight carried (tons)

1882.

1883.

1,487
392,365
1,049,262

1,487
744,745
946,219

358

THE

Earnings from—

Freight
Passengers

1883.

$4,507,043

Expenses for
Conducting transportation
Motive power

$5,010,732

$7,045,652

$1,205,325

$1,618,475

1,004.135
1,142,338
350,522
148,120

■

Maintenance of way
Maintenance of cars
General
Total expenses
Net earnings
Per cent of oper. expenses to
earnings

;

OPERATIONS AND FISCAL RESULTS.

$5,397,044
$1,048,008

77*30

70 01

Receipts—

Earnings—
Passenger

Operating

Total net income
Dish vrsemen ts—
Interest on debt
Rentals and taxes

$1,080,803

$1,670,050

Per cent of

$1,808,283

*

Assets—

188*2.

1883.

$01,580,002

$02,404,552
4,110.410

2,004,350
1,112,005

Miscellaneous
Income account

7,530,720

2,040,i 37

1,800,534

$75,044,104

Liabilities—

Capital stock

$70,857,021

$32,145,200

Funded debt

Interest'scrip

Interest due and accrued
Texas school fund

Miscellaneous
Total liabilities

054,470

41,714,000
2,112,330
078,035

172.774

100,335

47,030

21,721

$75,644,104

Miles of road operated December 31
Passengers carried (No.)
Freight carried (tons)
Earnings from—
Freight
Passengers
Mail, express, Sec

101,713
371,550

$•482,000

$1,505,347

$101,108

$217,332

1*0,300

1

Total expenses

earnings
earnings

20,030

$572,740
$441,208

$830,173

$075,174

50-48

55 15

Wabash St. Louis & Pacific.
The only figures relating to the Wabash road are for
the six
months ending December 31, and the income
account for that
six monthsand the balance sheet December 31
were as follows:
INCOME ACCOUNT SIX MONTHS ENDING DECEMBER 3-1.

Receipts—
Nat earnings

1883.

$2,820,700
373,3^7

Dividends and other receipts
Total receipts
Dibb terse men ts—
Interest on bonds
Rentals

$3,200,147

.v

Taxes, &c...,

^

Total disbursements

„

Assets—

GENERAL BALANCE DECEMBER 31.

1882.

$110,320,042
8,007,097

700,404
2,035,880

Liabilities—
Common stock
Preferred stock
Funded debt
Interest due and accrued
Notes and loans payable
Balances and accounts

42*25

6,G29,472

1882.

1S83.

242,150
8,559,872

259,694

9,552)770

3--;oqC.

32yooC

35 *,5-.0

27,5 43,113

316.260*

81,747)993

1683.

389

$50^,801

Total earnings

Op«. rating
N< t

expenses and taxes

earnings

Per cent of

operating

$696,618
309,975

1:75,024
37,330

exp. to

52,070

$006,318
576,044

$1,05.8,66$

$328,274

$388,136

08*76.

0131.

earnings...

670,525

INCOME ACCOUNT.

1882.

Net ear sings
Other receipts
Total net receipts
Interest paid (including

incomes)

Surplus

1863.

_

$328,274
3,580

$368,138

$331,803
2l 9,071

$303,080
282,819

$102,702

$110,231

4,042

GENERAL INVESTMENT NEWS.
Buffalo New York k

Philadelphia.—Messrs.-L. II. Taylor
Co., in Philadelphia, deny positively the rumors
the asserted borrowing of moneys from the Messrs. regarding
8eligm.an
for the purpose of paying dividends on the
preferred stock of
the Buffalo New York &
Philadelphia, and say : The funds
used to pay the dividends came from an
undivided cash
surplus of $800,000, applicable to this special purpose.*'
Chesapeake & Ohio.—Comparative statement of earnings
and expenses for the month of
January is as follows :
&

1864.

Earnings
Expenses

$2,204,545
507,235
338,010

$280,021
215.011

Net earnings

$03,000

Chicago k Eastern Illinois.—The

1863.

Inc.

$251,000
212,711

$28,651
3,290

$10,255

$25,354

stockholders of the Chi¬

cago & Eastern Illinois Railroad are to meet in
Chicago on
May 20 to consider a proposition to borrow $0,000,000 for the
purpose of retiring all the outstanding bonds of the
company,
1883.
paying
its indebtedness, and completing, improving, extending
$117,025,082 and
operating its railroad.
9,305,077
000,404
Chicago St. Louis & Pittsburg.—At Indianapolis, March
4,073,584
19, the stockholders of this company held their annual
meeting.
$131,064,837 The first action taken
,..

Cost of road and equipment
Investments in stocks and bonds
Supplies and materials oil lumd
Income account (debit)

47 95

57,0*1

8,508

Balance for year

^435,271

Earnings from—

200,073

JO,475

529,045

6,071,448
6,590.261

320

Freight.
Passengers
Mail, express, Sec

20*. 1 I *

100,220

3 28Ro9p

1882.

253,137
10*, 130

$1,014,044

1,1242ir

Excluding rentals and taxes.

$7 ,143,780

242,715
88,309

Maintenance of way
Maintenance of ears
General

Per cent of oper. expenses to

3*8

317,434

Total earnings
Expenses for—
Conducting’ transportation

Net

3*8
1 15.0*4

earnings*.

Miles of road

$70,857,921
1883.

l 493 no.

.

Central Branch Union Pacific.
1882.

1,34s,214

2i3]()Ue.
2-*;(
The earnings, expenses and income for the
years 1882 and
1883 have been as follows:

$32,101,000

41,715.000
000,000

expenses to

Number of passengers carried
Number of passengers carried one mile..
Average rate per pnss-ngcr per mile
Number of tons of freight carried
Number of tuns carried 011c mile
Average rate pf r ton per mile

120,045

325.800

"13^064/743

year ending December 31, 18S3.)
The annual report of this
company is altogether statistical
the figures being given without remark or
comment. The
business of the company seems to be
The traffic
healthy.
statistics were as follows:

040,057

7,740,187
00,401

1,602)5*63

(For the

GENERAL BALANCE DECEMBER 31.

Cost of road and equipment
Interest scrip issued
Cash and accountscollectib’c
Investments in stocks and bonds...
Sinking fund and advances

8’,G64

Milwaukee Lake Shore & Western.

$2,214,402
def. 173.003

def. 118,480

r

operating

©

2747901

3,<>05,339
539,554

Net earnings

$1,070.085
244,317

137,333

Total disbursements
Balance for year

expenses

Total

$2,040,790

1*43

1,118.311

Miscellaneous...

302,701

COToS’rrS

12,601,709

expenses—

Maintenance of way, &c
Maintenance of equipment

$1,048,008

340,511

li:A?J <nl

1,507,305

Total gross earnings

oif.f*

4

-

$
2,603.043
8,400,401

Freight.
Mail, express, &o

1883.

$1,343,202

receipts

1*48 eta.

-

Transportation
1882.

114,687.724
3,490,276
570,215,;.,21

Freight (tons) moved
Freight (tons) mileage
Average rate per ton per mile

INCOME ACCOUNT.

Net earnings

1682.

4,755,804

Passenger mileage

1,742.724
1,423,875
435,580
170,084

$4,570,440
$1,343,202

[Vox,. J XXVIII.

Operations—
Passengers carried

1,575,070
002,030

905,490

Total earnings

Other

1882.

$3,806,944
1,147,292

Mail, express, Ac

CHRONICLE.

$3,110,300
$80,751

was

the

the approval of a consolidation of

Chicago St. Louis & Pittsburg road of Indiana with the
$27,337,200
23,034.2 >0
23,034,200 Chicago St. Louis & Pittsburg road of Illinois, the Legislature
70,937.854
70,400,075 of Illinois having enacted a law at its last session
permitting
1,443,010
1,544,830 such consolidation.
The gross earnings for the year 1883 were
3,276,050
2,773,510
1,002,273
500,010 $5,820,937 ; net earnings over operating expenses, $984,972,
against $703,584 net in 1882 and
in 1881. The stock¬
$127,733,023 $131,GG1,837 holders elected as directors for $641,053
the ensuing year William L.
Illinois Central Railroad.
Scott, Erie, Pa.; O. J. Osborn, New York ; George B. Roberts
and J. P. Green,
(.For the year ending December 31, 1883.)
Philadelphia; George Driggs, R. B. Roberts,
George Williams, William Berner and F. W. Belc. The five
An abstract of the annual
report, including income account last named are new men.
and balance sheet, was
published in the Chronicle V. 38, p.
237.
The year 1883 is the first in which the
Colorado Coal & Iron
earnings of the
Company.—At a meeting of stock¬
Southern Line have been included with the
balance of the sys¬ holders of the Colorado Coal & Iron Company, a committee,
tem, but a statement of all lines for 1883 is presented to make consisting of Charles Moran, L, H.
Meyer. Reuben Leland,
a proper
comparison. The operating expenses as given here¬ Isidor Wormser and Spencer Trask, was appointed to
co-operate
with do not include rentals or taxes.
with aff similar committee
recently appointed at a meeting in
1862
1883.
Philadelphia to prepare a ticket for tire annual meeting in
Total road operated.
1,908
1,028 April.
Locomotives
330
310
The result of the
Passenger, mail and express cars..a.
meeting in the election of the commutes
315
)
Freight and other carfc
>. v
a vote of 29 to 26 was said to be favorable to the
8,773
by
8,109
Derricks, snow plows, &c..„
present
3
81
management.




$27,140,500

•

...

.>

MAiicn

THE

23. 18S4.]

CHRONICLE.

Pli/ibethtowu Lexington & Siij? Saufly.—Comparative
.ti nontof
statement
of the earnings and expenses for the month of
.January is as follows:
ls,4.
I883.
$17,367

$17,893

Dec. $505

43,SSL

45,9 >8

Doc. 2,<>20

59
1884.

January gross
January net
February gross
February net...,
From July 1, gross
From July i, lie!:

'■

$299,374

1833.

$37°,640

’ 189,600

'

187.503

2

43,23s

7!,200

3.372*,54*1

2,738,6-51

1,059,800

Q

—The Oregon Railway & Navigation Company’s loan of
$3,000,000 was taken largely in Germany. The balance was
Tutor national Tsitcr-Occantc & Oriental (Mexico.)—A subscribed for in England
and 'America. This loan was made
fli’oatch from Matamoras, Mex., says that Mr. James M. to complete the Baker City Branch Company to a
junction
Beider of Monterey, has been appointed receiver of this line, with Oregon Short Line. Terms are not stated.
Net

$3,50-3

earnings

$UH4

Tnc. $1,521

wliich Was projected from Laredo via Victoria and the coast
to the city of Mexico, and on which considerable grading lias
been

done.

Kentucky Central.—Since some of the large stockholders
of Kentucky Central refused to join the agreement for an
assessment to

raise funds to meet the road's indebtedness,

other plans of re-organization have been talked of.
The latest
is that the bond and stock holders who arc willing to help
the road should form a syndicate, and, by paying the debt,

of a receiver. It is said that having
thus bought the debts of the company, the syndicate will de¬
mand a sale of the road, and if possible buy' it in, and if not,
prevent the appointment

let

stockholders outside of the syndicate take

care

of them¬

selves.

Oregon Southern Improvement*—A dispatch from Port¬

land, Oregon, March 20, said: ••The Oregon Southern .Im¬
provement Company filed a mortgage of $2,000,000 yesterday
to secure the bonds issued on the company's property in Coos
and Douglas counties.
The bonds are payable to the Boston
Safe Deposit Trust Company and hear G per' cent annual in¬
terest, payable half-yearly.

Pittsburg Cincinnati & St. Louis.—The annual meeting of

the stockholders of the Pittsburg Cincinnati & St. Louis Rail¬
road Company was held in Columbus, O., March IS.
The
annual report for 1883 is as follows :
Gross

earnings

$4,623,740

Expenses

Mexican Central.—A Boston dispatch says: “Within a
month the Mexican Central Railroad will issue securities due
to block subscribers; §4,000,000 in bonds will, therefore, be
issued upon a single date, the largest amount ever issued

3,087,465

Net earnings
Add amount receive d lor inteiesr, &ei
,

Total

Interest

upon the market. The total amount of Mexican Central bonds
issued to the subscribers to the four series of blocks and

Net profit main line 1883
Deduct losses on leased lines

on

$1,536,275
8,784

$1,515,059

time.
As they were all paid for some time
acr0. and no more assessments remain to be paid, some curiositv is manifested as to how many of these bonds may come
at anv one

...

bonds

Other payments

Total.

*

707.200
::

98,864

$1 006,154
$538,905
592,747

\i

$2,000,000 bonds to the founders will amount to $05,000,000.”
Lose on oil line-8 1883
$53,8 11
Protit
in 18S2
Mexican National.—A statement has been prepared by the
$7,407
directors of the Mexican National Railroad Company for sub¬
The following directors were elected : (>. B. Roberts, J. N.
mission to the bondholders, on the subject of the financial
McCullough, William Thaw, Thomas D. Messier, R. Sherrard,
condition of the company. It is proposed to fund all coupons D. S.
Gray, II. 11. Houston, Wistar Morris, J. N. Dubarry, W.
from and including April 1. 1881, to Oct. 1, 1880, of bonds bear¬ II.
Barnes, J. P. Wetherill, G. II. McCook and John P.
ing date April 1, 1881, and to fund the coupons from and Green. The organization of the board was
postponed for the
including July 1, 1884, to Jan. 1. 1887, of bonds bearing date present.
July 1,1882. There are $19,330,000 of the first-named bonds
and $5,090,000 of the second. The question of passing the April
Pittsburg Fort Wayne & Chicago.—A special meeting of
coupon was considered by the Executive Committee March 19. the stockholders of the Pittsburg Fort Wayne & Chicago
The. company has been negotiating with capitalists in England Railroad has been called for April 3, to vote.upon a proposition
for money, but a short time ago the negotiations fell through. for a new issue of bonds.
By order of the Executive Com¬
President L. IT. Meyer has issued a circular to the
mittee,
Missouri Kansas & Texas.'—The Treasurer reports that the stock and bond holders
explaining the situation. The lease of
privilege of exchanging the second mortgage income bonds the Pittsburg Fort Wayne & Chicago Road to the Pennsyl¬
and coupon-scrip upon the terms adopted by the board of
vania Railroad provides that the stockholders of the leased
directors November 2, 1888, is extended until further notice.
road shall keep that property in good running order.
To pay
Nashville Chattanooga & St. Louis.—The gross and net for the necessary betterments, the lessor compafty has issued
earnings for February, and for the eight months ending Feb¬ to the lessee company for several years special guaranteed
ruary

29, in 1883 and 1884, have been

as

,—8 vios. to Feb. 29.—
1882-83.
1883-84.

—February.
iss:
Gross earnings
expenses

Operating

...

Net earnings
Interest and taxes...

Surplus

follows:

1884.

$195,202

$210,495

$1,574,184

10(3,330

119,2.21

872,024

$2 8,923
54.530

$91,274
55,482

$702,160
433.929

$743,545.

$34,390

$35,792

$268,231

$301,239

$1,021,393
880,-48
412,606

New York Lake Erie & Western.—The gross and net earn¬

ings for December, and for the three months ending December
31, in 1882 and 1883, are given below. The gross earnings in¬
clude only 08 per cent of the earnings of the N. Y. Pa. & O.
properly with the i >revibus

year.
Fecei'nber.
1862.
1883.

/

Gross earnirirs

Working

$1,691,103

$1,82 6566
1,59 7,226

Lie.
Inc.

$132,101

,2-49,665

$226,312

Dee.

$215,396

expenses.

i

Net earnin'.g

$111,736
r-Oel. -Dei
1-82.

Gross earnings

WorldLV2
Net
^

.

.$5.32 .-.237

.

ha s

—

1863.

3,1-6,96 1

$4.41 r*,494
4,6 12,807

Lie.
Ine.

$. ,612,273

$1,772,786

Dee.

e >; neiises

earnings

3

New York West Shore

347,560

$1,084,45.8
1,1 -s3
$09,484

BuOYilo.—It is reported that

a

plan for the financial reorganization of the West Shore roail will
shortly be su bum ted to the creditors of the company. The
proposition favored now is to issue a $25,000,000 0 ]>er cent
second mortgage and to fund three years’ coupons of old bonds
inio the new.
Enough of the new bonds will be reserved to
retire the $10,000,000 of income bonds issued to the North
River Construction Company, and the remainder will be
issued to provide equipments, &c. TlieUerminfu bonds author¬
ized will probably be withheld from the market for a year.
The scheme is said,to be favored by a controlling interest in the
road, b;rt is opposed by some large bondholders.

stock known as “ betterment stock.”
So long as this stock seemed the least burdensome
security
that could be placed at par, the directors of the Pittsburg
Fort Wayne & Chicago Company were satisfied to issue it: but
when it advanced in market value above par, the directors
did not feel that they had the right to issue it at par.
The
inevitable result of such an issue, it was stated, would enable
the lessee company, by accumulating these issues in a trust or

sinking fund, in

a few years to outgrow the lessor company in
the control of the latter’s own property.
The issue of the
“betterment stock” was therefore stopped," and negotiations
have been pending with a view to providing some other form
of security to cover the costs of the improvement.
The directors of the Pittsburg Fort Wayne & Chicago Road
have decided to submit to the stock and bond holders the

proposition to issue mortgage bonds not exceeding $20,000,000
in amount; the bonus to have fifty years to run, and to be
issued from time to time, as required, to pay for betterments
under the the terms of* the lease with the Pennsylvania Com¬
pany.
Louis II. Meyer, George W. Cass and Charles Lanier
are the committee
appointed to receive proxies in lavor of the
proposition.
The Pennsylvania, Railroad Company claims to have made
betterments on the leased property amounting to $3,000,000,
for which it has not yet been paid.
Union PacHL*.—The statement of net earnings for January
has been published and shows a large decrease in comparison
with January, 1883.
This is undoubtedly owing in great part
to the cutting in rates,
which is a temporary difficulty.
The candor and fair dealing of the managers in con¬

tinuing to report the earnings when they make a bad
showing, will impress the public most favorably. The
Union Pacific is reducing its debt by land sales, and had
it not been for the delay of Oregon Railway & Navigation in
compl* ting its line to Baker City to a junction with the Union
Pacific’s Oregon Short Line, this road would now have the
benefit of a large Oregon business.
As it is, the connection
North River Construction Co.—Receiver Aslibel Green will probably soon be finished. The following is the statement
has given notice that the North River Construction Company of earnings and expenses for January ;
1S 8 4.
18 r 3.
Ch a >; yes.
will go into liquidation, and that the books have been closed
Gross
$1,538,908
$1,916,851 Dec. $377,946
pc-rraanently.
Operating expenses.
1,305,364
1,019,122 Xuc. 286,243
Oregon Railway & Navigation Co.—The Boston TranNet
$233,544
$£97,732 Die. $644,189
scrip" says : The Oregon Railway & Navigation Company lias
not published any earnings since its December report until to¬
—The land sales of the Union Pacific Railway for the month
day, when 81 ie gross'earnings for February and since July 1 of February were : 1884, 173,593 acres for $418,057; 1883,42,620
are given out.
acres for $137,902; increase, 130,974 acres;
The figures in detail are as follows :
§280,755.




IS

i

n

360

THE CHRONICLE.

(&QmmzYtml
COMMERCIAL

fVoL.

COTTON.

’Qixms.

EPITOME.

xxxvm.

Friday, P. M., March 21, 1884

The Movement of the Crop, as indicated
by our telegram
from the South to-night, is given below.
For the week endin
this evening (March 21), the total

receipts have reached 42fft?
bales, against 49,876 bales last week, 68,720 bales the
previous
week and 76,487 bales tln*ee weeks
since; making the totS
The weather the past week has been more favorable for the
receipts since the 1st of
1883, 4,528,559 bales against
season of planting and sowing in the West,
causing declines 5,242,783 bales for theSeptember,
same period of
in prices of food staples, and giving some impulse to
1882-83, showing 1
general decrease since
September 1, 1883, of 714,224 bales.
trade; but business is quite backward for the Spring months,
and nowhere are any very sanguine anticipations entertained
Sat.
Mon.
Tues.
Wed.
Receipts at—
Thurs.
Fri.
regarding the outcome of the near future. Yet there is no
544
288
191
975
1,782
361
apprehension felt that any serious complications will arise, Galveston
and confidence is expressed that values are
Indianola,
Ac.
uniformly on a
New Orleans...
sound basis, promising that any change will be for the better.
2,805
1,059
325
3,917
685
1,641 10,432
442
593
The financial situation is calm, and the political atmosphere Mobile
65
5
320
367
1,792
gives little indication of the approach of a canvas for the Florida
947
947
Friday

Night, March 21, 1884.

....

....

......

Presidential succession.

Savannah.

....

505

The

687

....

....

....

•

....

1,121

*

•

•

....

353

992

806

4,461

Brunsw’k, Ac.
speculation in lard has been quite without spirit in the
707
.584
792
765
604
past week, and prices have materially declined, a slight rally Charleston
913
4,365
Pt. Royal, Ac.
yesterday being followed by renewed depression to-day, prime
8
8
Western closing at 9-70c. on the spot and for March and April
25
98
47
36
161
Wilmington
86
456
Moreh’d C.,Ac
delivery, 9*74@9*76c. for May, 9*82@9-84c. for June and 9*86@
92
92
9'88c. for July.
517
Pork has sold to a moderate extent at Norfolk
1,175
1,313
1,740
1,675
1,244
7,664
$17 62%(2>17 75 for mess and $20@20 50 for clear. Bacon
WellPoint, Ac
2,527
2,527
-remains nominal at 9%c. for long clear.
201
160
247
Pickled cut New York......
236
149
11
1,004
meats have had some inquiry
609
565
at 8%@8JqC. for bellies, Boston
838
382
327
289
3,010
8%@8%c. for shoulders and 1134@12^c. for hams, and Baltimore
249
249
smoked-are quoted at 13j4@133^c. for hams and 91^(3) 9*£c. Philadelp’a, Ac.
754
129
35
219
347
1,484
for shoulders.
Beef is nearly nominal at old prices.
Beef
Totals this week
4.568
8,358
4.946
7,958
6,917
hams are drooping at $27(3; $27 50 per bbl.
9,888 42,635
Tallow is easier at
For comparison, we give the following table
73^@7%c- Stearine is quoted at 9;{4(310c., and oleomargarine
showing the week’s
8%@9c. Butter is dull, except for new creameries at 34@40c.; total receipts, the total since Sept. 1, 1883, and the stock
to-night,
Western factory quoted at 15(3 22c.
Cheese is scarce and and the same items for the corresponding periods of last year.
firmer, but very dull at 12(315^c. for factory. Eggs are dearer
1883-84.
Slock.
1882-83.
at 23(324c. per doz.
The Cincinnati Price Current has printed
Receipts
to
its compilation of the pork-packingjfor the past season at seven
This
Since Sep.
This
Since Sep.
March 21.
1884
1883.
cities—Chicago, Cincinnati, St. Louis, Kansas City, Indianap¬
Week..
Week.
1, 1883.
1, 1882.
olis, Milwaukee and Louisville—showing the total to be
4,141
574,433 19,616
726.058
25,191 63,065
3,867,485 hogs, against 4,450,940 last year, a decrease of 583,455 Galveston
Indianola,Ac.
138
8,312
7
15,789
hogs. This is a decrease of 18*37 pounds in the average gross
New Orleans... 10,432 1,443,578 29,997 1,458,922
270,358
317,480
weight, making a deficiency in the manufactured product
Mobile
242,184
1,792
2,640
297,313
23,321
34,652
equivalent to 848,000 hogs, or 19 per cent. The decrease in the
947
95
40,146
2,129
14,685
yield of lard is 2 4-10 pounds per hog, which is equivalent to Florida
4,464
635,452 14,727
748,035
30,748 73,786
91,000 tierces. The reports of the stocks of provisions show a Savannah
Brunsw’k, Ac
decrease of 53,500,000 pounds of meats and 108,000 barrels of
7,634
5,508
Charleston
4,365
408,602
8,506
533,595
29,449 50,287
pork. The stock of lard is about 6,000 tierces greater.
Pt. Royal, Ac.
8
Rio coffee has been dull and declining, and fair cargoes at
216
13,237
8
21,749
400
456
the close are nominally ll^c. ; options have been active,
Wilmington....
89,132
121,846
1,666
5,743 12,778
92
excited and panicky at a decline of lc. to
M’headC., Ac
154
12,309
17,250
closing at
9*10c. for March, 9c. for April, 8*95c. for May and June and Norfolk
7,664
558,257 11,743
707,136
19,407 63,946
West Point, Ac
9*05c. for July and August; the stocks are largely in excess of
214.160
2,527
3,411
205,999
those held here at this time last year, while prices are New York
1,004
94,669
3,417
120,487
344,923 226,557
3,010
materially higher than then; the failure of three firms has Boston
144,389
4,614
142,149
7,510
5,885
added to the demoralization ; mild grades have latterly sold Baltimore
249
578
19,932
37,900
12,270 26,488
more freely, notably Padang and Caracas, but at lower
1,484
21,883
prices. Philadelp’a,Ac.
3,524
68,362
12,825
9,580
Tea has been fairly active, but at lower prices; Japan sold to¬
Total.
42,635 4.528,559 105,062 5,242,783
788 889 884,904
day at 10c. for April, 3134c.@31%c. for May and 32^4@33c. for
June. Rice has been quiet and steady. Refining molasses lias
In order that comparison may be made with other
years, we
declined to 22c. for 50 degrees test Cuba ; New Orleans has not give below the totals at
leading ports for six seasons.
changed materially and has been quiet. Spices have been
1884.
1883.
1882.
1881.
1830.
1879.
quiet, with ginger and cassia lower. Foreign fruits have been Receipts at—
generally steady, and raisins have advanced. Raw sugar has Galvest’n,Ao.
4,141
19,754
5,632
13,113
4,690
5,631
been fairly active at declining prices, fair refining closing New Orleans.
10,432
29,997
13,148
38,024
27,057
16,667
nominally at 5^(35 7-16c., with centrifugal 96 degrees test Mobile
1,792
2,640
4,154
3,784
2,341
2,808
not over 6%c.; fair refining has sold freely for July at
5*7734c.; Savannah....
4,464
5,931
14,727
7,033
3,500
8,194
refined has been quiet at 7%@7%c. for powdered,
m&viv- Oharl’st’n, Ac
4,373
8,722
5,905
5,424
3,996
2,888
for crushed and 7 5-16@72sC. for granulated.
548
Wilm’gt’n, Ac
1,840
788
1,931
1,501
1,821
There has been a steady but quiet market in all grades and
Norfolk, Ac..
10,191
13,887
15,154
8,723
11,353
6,240
descriptions of tobacco. Kentucky has sold to the extent of All others....
6,694
11,332
12,228
16,088
...

....

....

....

....

....

....

....

....

....

....

....

....

....

....

•

....

....

....

....

....

....

....

'

....

•

•

•

....

....

,

......

374 hhds., of which 125 hhds.

;

for export; on the Tobacco
Exchange 550 hhds. have been sold. Lugs are quoted 734@8c.
and leaf at 834@Uc.
Seed leaf ruled steady though by no
means active.
Sales for the week embrace 1,050 cases, includ¬
ing 500 cases crop 1881, Pennsylvania, 6@10c,; 250 cases crop

‘ i ,r

fn

!

1882, Pennsylvania, 5@20c.; 100 cases crop 1882, Wisconsin,
Havana seed, 30@35c.; 100 cases crop 1882, New
England,
9@25c., and 100 cases crop 1882, Ohio, 9@ 1234c.; also 500
bales Havana, 80(3 $1 25, and 200 bales Sumatra, $1 20(3 $1 60.
The trading in naval stores has been limited, and not until
to-day were there signs of weakness; spirits turpentine is now
quoted at 3414@3434c., and strained to good strained rosins
$1 4734@ $1 0234*
In [metals nothing of interest occurred,
the feeling being almost uniformly easy.
Refined petroleum
has ruled steady at 834c. for 70 Abel test, and the sales have
aggregated 30,000 bbls. on that basis. Crude oil certificates
have been irregular and inclined to weakness, but to-day re¬
newed buying on the “long” side brought out a higher
range of values; the opening price was $1 OO^s,
highest
$1 OO^g» lowest $ 1 003g» and closing $1 00?4*
In ocean freight-room berth rates have been
irregular and
inclined to easiness.
Charters, particularly petroleum ton¬
nage, have been^well maintained.
To-day grain to Liverpool
by steam was quoted 134@1M^*; flour 7s. 6d. per ton; bacon
10s.@12s.r.6d.; cheese 15@20s.; cotton 7-64(3%d,; grain to Lon¬
don by steam was taken at 3@33^d.; do. to Avonmouth by
steam at 3d.; do. to Antwerp by steam 2d.; do. to Stettin
by
steam 2s. 6d. per qr.; do. to Hamburg by steam 50
pfennigs;
do. to Marseilles by steam 2s. per qr.; crude petroleum to
Pasage8 3s. 1034d.




4,807

11,336

53,419

60,698

5012,112^4447.669

4119,220

were

Tot. this w’k.

42,635

105,062

61,916

93,690

8Jnce Sept. 1. 4528,559 5242,783 4236 605
Galveston includes Indianola; Charleston includes Port

Royal, Ac.,

Wilmingtonincludes Morehead City, Ac.; Norfolk includes City Point, Ac.
The exports for the week
ending this evening reach a total
of 75,326 bales, of which 41,822 were to Great
Britain, 9,164
to France and 24,340 to the rest of the
Continent, while the
stocks as made up this
evening are now 788,889 bales. Below
1

Week Ending March 21.

O'

Exports
from—

Great

BriVn. France

Jalveston

6,535

New Orleans..

11,320

Conti¬

Total

nent.

Week.

880

8.834

7,415
23,954

245.428 34,203
641,987 294,953
49,092

8,490
8,438

11,270
11,517

152,039
103,483
42,913
253,922
293,102
80,361
92,263
63,213

3.704

Charleston *...

2,780
3,031

Wilmington..
Norfolkt
New York
Boston....

Great
Britain. Frame

3,970

Florida
....

......

1,522
6,913
...

Baltimore

Phlladelp’a,&cTotal

Total 1882-83

1,503
1,977
6,231

......

1,522
500

610

8,028

1,904

1,503
3,881

......

6.231

41,822

9,164

48,251

11,730

24,340

21,1664.

Exported to—

Mobile

Savannah

From Sept. 1.1883, to Mch.

Exported to—

15,436
22,996

28,182
1,89S

75,326 2,031,507 897,668

34,882 194,863
Includes exports from Port Royal, &c.
+ Includes exports from West Point, &c.

Conti¬
nent.

Tota

79,925 359,55®
258,224 1,195,164
200
49,292
3,704
181,844 349,310
120,437 251,916
46,742
3,829
274,510
20,588
79,198 400,482
100
80,481
139,073
44,912
71,513
3,300

"792,557

3221,732

344.869 1.051.s58|3.595.ni

addition to

t«

above exports, our telegrams to-night also give

prepared for our special use by

2.

◄

^^fnllowinff amounts of cotton on shipboard, not cleared,
ports named. We add similar figures for New York,
bich are

Sg.
*
©

e-®

Messrs. Carey, Yale

P OB'*

S*

S

W

21. AT

Great

Shipboard, not cleared—for
France.

Britain.

Coast¬
wise.

Other

Foreign

Leaving
Stock.'

Total.

93
O

New Orleans - • -

Mobile----

1,300

Caarleston

3,400
1,329

Savannah

Galveston
Norfolk .New

None.

1,800
2,500

York

Other ports

Total 1883
Total 1882

44,773
10,600

650

8,650
9.400
2,676
3,983
2.400
3,300

4.900

1,100

None.
None.
600

1,347
3,983
None.
None.

800

68,118
88,389

....
....

21,900

15,066

37,124

g

16,914

76.786

13,865

12,935

22.197

4,867

os

•

1

•

►I •

® ®

7*

0
CK3

.

.

.

•

1

o

Cfi

advance was not only lost, but the close was at
some decline from the latest prices of Tuesday.
There was
some recovery in the course of Wednesday and Thursday, the
reports from Liverpool and Manchester having improved, and
the receipts at the ports proving quite small.
To-day there
was a buoyant opening but active selling under apprehension
of free deliveries on April contracts, which caused the early
advance to be lost. The close was at an advance for the
weekofl4@17 points for this crop and 16@17 points for the
next. Cotton on the spot lias been quiet, but not being freely
offered prices are dearer. There was an advance of 1-1 Gc. on
Monday and again on Tuesday. To-day there was a further
advance of 1-lGc., middling uplands closing quiet at 111^.
The total sales for forward delivery for the week are 000,600
bales. For immediate delivery the total sales foot up this week
4,455 bales, including 537 for export, 1,559 for consumption,
2.359 for speculation and — in transit.
Of the above, — Dales
were to arrive.
The following are the official quotations for
each day of the past week.

sg
a§

March 21.

Sat.

j Moii'Tncs! Sat. ! IT?on

8131S'

Ordiu’/.'$2>; 81W

S%
9 *16
Strict Ord..; 9*8
Good Ord..| 91316 10
Btr. G’d Ord | 10 -ho ! 103s

9

! 9h
lOhe ! 10*16 : 10*4
10"ie ! 100,6 10%
9*4

i

9*8

Tues

Frl.

Tt».

Ordin’y.$lb i 8i316 81*16
Strict Ord.. I 9*4
9*4
Good Ord.. H0i1(i 10*16
Btr. G’d Ord 10"i5 ; 107,6
Low Midd’g 101*16 1101*16
Btr.L’w Mid |1078 ;107s
Middling... 111*16 111*16

876
9016

9*18

8*516

91-2

938

9

^4

tn

o

M
-

9*16

91 16

9*8

9*2

9*2

99,6

Sat.

Good Ordinary
Strict Good Ordinary...
Low Middling

$ lb.

8516

MARKET AND

1
I

9 *2

8*8

*

O

91,8
9*2

ilOH, 6
1013.6 lOm^j
:

11 *8

11*6

Bat..
Mon
Tues.
Wed.
Thurs
Fri..
.

8716

8716

Total

12:

on same

Steady at *16 adv

200!

Finn

125

Quiet and steady
Q’t & st’y, *i6dec

....!

•

•

•

•

•

•

•

•

•

l

l

•

•

•

•

•

....

537

1

90

I

,•

o

,

j

O

cl

c

O

to

1C ^

0

■X CC

to- —

pto

>—*

>

M—

77

<
®.
“»■

©P:
to-

40.2

M°M

M M

0 M
w

MM

t>

—

77

<1
®

•

©. -1
© to
MM

77

77
0

MM

£

w

'r co

oi

P©
Q&©

Prices of Futures

are

77

<

w w

®

to-

<

©©

O: CD

®

P
©k»:

FUTURES.

Deliv
eries

1,600

delivered the day

h-1

9

©

CC
©

7

©©

QC* GO

®

-j

to©

75
’

1

©9

1 ©toj

to- to- -to to-

M

1 -1

CJt

M

c©

©

©©

9

Ci

(JO

1 ©QO

CO

* ©to)

M

©

©

|

')

1

1

1

®

i1

1
1

toj

i-4

®

© Ol

^

©<l

**

Mx*© © O©
co ©
—
©

i

Mil

II

P>

to-i~*

M

© I

©©
©to]

to)

CO

to)

{>

HH

p.

1

7

99

<

®

cr. ©
or ©

®

^

7

<|

1 ©05

M

M

CC

M

>

®
'

to-

©©
to) to|
to] w

1

:
.

_

£.

1

77

>

r

<

C.~i

®

© ot

^

M

1 ©

7
9
to)
tO

1

Septmbr.
0
Ci

§

fei

:
to 7

§

2

cT

&
o

tu
2

fe!
o

I

©9

V

M

8

M

®

©©© ©
to) to) © <]
O©

M

**

l

|
M M

0q

:

i ©

OC GO

0

<1

I

I

®

to*

tol

b
Cb

2

©9

* ©a

1 1
11

O'

®

©

<
©
*

1 ©: :

1 ©:

I I

I ©

I

<1

®

®

®

©

:

CC-

© w

0

<
®

I ©

©do

00

|

1 ©: :

©

7

CCto]

-

s
S

ft.

c ©

®

| S co.

§

>

>

>

to-M

9

*

l

W

©

©

M

C10

toi^)©toi

<<

1 ©

to to
O' M

toj

to-

©

p.

M M © M

©^:
M7cc7
© ©

^

CD

M

1

©C©©
-

CC

7

to'ltoj

;

to)

M

©

M © M

X GO

^

M

&P:

© ©

®

1 ©

CC©

O QC

CO W
CO W

Ot Oi

>>

CIO

M M © —

--j -I

M

CD CD

®

to

9 |
toj1

:

MM^*-

July.

£

77
1

p*

C-

1 ©: :

©

p,
<
®

1 ©

1

to-M

M

^
®

©©

-1

9909

1

^
*.

to]X

o

1

<
®

Ol

MM

•-J

C©
cr cn
C. 00

:

—

<

to-M

**

©

®

w w *— w
to GC
©

®

1 ©

©

|_l

—

7 7© 7

^4 Oi

M M

<

^

to-M ©

-4 'i

gb
o

13

®

w©

99

jo

,

to to

^

<

©

M

®

to©

pto

1 C-

1 ©

0; w

^
i ©to:

M to-

toj

*>

77

®

nr, ot

®

,

Pj

w w

Ot

GC CD
© ©

:

>

GC

99

^

to

MM

© to

8

7 7©^
d'Ot©ot
© O'

©©c©

>

©o<©

3

MM©M

p.

GO

7

i1

^
01:

to

-

c©

7 7

OI

* c

M—

M

Mto7

H

M® M

M —

M
©

t'

to-

99

8*2

M

to-*

M —-

8716

^M

1 ©

© M

M

p,

1 ©

:

1 ©

O' to

C

^

©O-

©

9916

113,6

^

Ci

9*8

1

®

©

10

9 co

M

to- —

MM

©

w

11

Mm

O

M

COCO

OI

© O ©

w w

M

M ©

.to

%

O©

©©cd.

®

-I

Mm

© ©

M

to—X

to- to- © to-

1

1

W

1 *30 Aver
91 *35 1, 0 .1 -3

77

1-1

©

© ©

*— W

M M to
M M O

©

6:yj

—

7707

©©^

C;©

>

•

©

7c-r

1
1

77

1 ©w:

“

1-35 6

©©'

GO

Frl.

Sales.

to-©to-

M M
C ©

M tO

M

cdOci

M

*■*

1 ©<j:

to:

—

© ©6©
OiX^CD

4,455 600.600

....

....

1

M tojji

©0©

to^

1 ©p:
to-

■

v]Mh4

0

0

Oii-H4

<
®

c5

w

MM

Ot©

C

^

p*.
<
®

77

dt o't

M M

®

M

MM

>s

M*

to

co

MM

<
®

<—

to-

ciwC

© ©

1 ©

oocc

to-

w m

© © to:

M
to

©

<
®

© ©

B

*,o M

© C5
O' to-

W —

%

to-* to-

77

© ©

OO

13, 0 .1 -52

M M

®

^

MM

1*509 4

Aver

P

I ©co:

a ©

®

O'

o

M

77

©

M©

^M

to

g

2

to CO

>

M

©

©

M

I

^

MM

W

U

M

wto

7^

cd

.

O

2

©©

1 ©p:

C

CI'

O'

MM

i

-

M
-1

00

7

p>

L>

© ©

7-7

7707
0*' ot — dt

o

to to

^7

r— to-

M

MM©8

to--

P»
<
®

p>

MMcc M
M M
© >-WM — M

^©

s

M

M

©

>

MffiM

1-53

M to—

©

©

1 ©P'

.

^
1 &>m:
0©,—

*—

M-08

MM

ccao

n

CC CD

®

v

I

to ©

—

<
®

w w

M

j

O' Ot

77

M^

COO

pto

0

524 132.400
911
61,700
416 76,100
581 122,100

....

1,559 2,359

- -

77

>
<

M

2

M

M

w

0

Fr*.

200
200
300
300
300
300

50
606
433

M

©

M

r>

co

^

mm

1C

^
I ©y.'
1

OO

OS

mm
M GO co

to

mM

o

MW

<1

©

2.

66O6

©

MM

M M

Ot
©

<
®

M

MM

CDCD

>

© M

O

>•

MM

I ©os:
m'coM
I ^ OM

W

'

to to
Qt QO

to CO

M c

MMC9

>
<

©

^

1 M©M

1

to
00

COCCkjP

1 ©7:

ML M

MM

®

U.
<
®

mm

1 ©tj;

©to

^

to W

CJIOI
®
Ol ©to-"5

7707

1 ©7:

©

©

,

^ m;
M
Ml, M

MM-H

O' to

Mco-

%

I

M M
M M

2

—p

I ©w:

MM

to to
2
''t oc co p

CO.

to

1 ©p:

05

MM

®

Cs

-IMto-^

0101

7707

M to-

1

<
®

M

©

O

|

77

Mto-joM

CC © to-

Ci'v

O I
©

M

^

to © to-

M

CHOI

MM

.

MW

O

Oi Ch

ktoiCH

77

1

-

6606

<

1 ©

©

®

CD

'

d®
CD

1-

—

<1

MM©r-

1

^
1 ©w

;

CD

M

M -•

M

•II ■II

»—*»—*

l

MMtoM
M M«p *-

MM

0

66
CO

>

MW

M © M *"*
1 $i'©:

M

bto

%

OO

P
I $0:

COCO

r,

<
®

VJ0 M to

0&

CO OV

M M

(J0

MM

00

O't^co^
I 9®:
M ^

OC CO

to- to-

-TT1

<
®

C5

-1 -4

Oo

©

—

-

C:to

mm0 7

2

66c6

-4

C5tO

C M

M

66

I 9-^:

co -o

CO coo©

O' o«
GC CC ^

1 -53 82.60

M M (j,

%

OO

MP

M
-‘OP*

6c® 6

l ©©:

M—

CmOo

M

<
®

S» a

COo9
66©6

OO

to to

o

Mr-*c m

2
P

M
to—

•

©

^

M

shown by the follow¬
ing comprehensive table. In the statement will 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.




1

CP

I

to->c'3

®

© Ci to
1

® a s

MCP

M

00

77
co to

a

M M c.

^.1

^4

2

I

cn;

y

a

COM
Mr-*oM

<

©

MM
Ol M tO

|

MM

© M

Th.

372 69,100
1,651 139,200

270

daily deliveries given above are actually
previous to that on which they are reported.
and

-4
C5

o

© ©7:

days.

i.ne

The Sales

to-M |

C o

©

45111,000
274
180
416
148

-1

to-

to to

%

O M

MM

*1^

o

o

cp

>

60

p

w

Ot

®

o»

M -*
MM

M

M M

SALES.

Ex- | ConSpec- Tran¬ Total.
sump. ul'Vn sit.

200,

®

9*8
9*8
9%
9*16
9*516 9*5!6 9*516 10
109ifl 10916 10916 10%

port.1

Firm
Firm

to-

<

2

1 ©x:
mm-61^
M

•

a*

00

05

CK3

P

5

®

co

a

.

•

h>

o

:

ci o*

M■

M

S»

•

So’Og

® COV!

P

•

a

uj r*
H
1

«

9 WO

®

6c?

GO

CC M-

Mi. M

m

2

r>

CO

-•

M

MM

:115i6 |11516 11*8
11916 11916 11 58
1113.6 1113,6 1178
12316
12316 12*4
10,R

'1215,6

Mvl^P
1
^ to;

M M

1

_9

® Mg-

®

?•

®^

00

Wh

p

p

M

-4

^w

'

CLOSED.

^

|
O

©

©

10%
10*1,6 10 34

SALES OF SPOT AND TRANSIT.
SPOT MARKET

tt 1-3 ,o

1
-

9*2

Tiie total sales and future deliveries each day during the
week are indicated in the following statement.
For the con¬
venience of the reader we also add a column which shows at a

glance how the market closed

O

<
®

I t0,J,6 11 05,6

Moil Tues Wed

9
9*16
9**16 978
10716 10*2

Middling....;.

TJi.

j 9*16

105.6 103a
1011.6 10**16 1034
10*Oi6 10*5,6 11
11*8
H*16
10-5,6 11*8
11*6
115,0 1 1516 llSg
Good Mid.. H516 |lls«9 11%
110,6 110.6 115s
Btr. G’d Mid !ll?,« |11916 1158
1H*16 11**16 1178
12*16 12*ie 12*4
Midd’g Fair HiS>16 !11*°16 12
Fair
12*5,6 12151P 13
i2Uie 12*1,6 12 s4
STAINED.

m2

<
®

77

H^mJ

| ®M*

*>

CO CO

7

^

-4 to

>

1

©

O

P

Mi--

M

;

CO

MM
MM

66

mmOo

M-CJM
MMC M

©;

M

•

.

.

:

©re

•

•

*1 •

•

•

1

o

□D-j

•

; 03si

©

M

tf*

.

agi".

■Pfl'S?1

g.g-8
'p'rS' i

:

B: T
c*
1

©©

mo

r- to-

©

(©►-to)©

to

-

.

:

^ MCP

pto

O Cl

to-•

2c

M

I

M
©

O

1—*

It;!'
•

®.:

MM'X —

W tP

i 9i16

97i6

! Wed | Th. ! Frl. I Wg:5

105.6

10*8
10*2
1034

P*

© rO
’

lOH
1Q°i6
105,« 10*,
10*1,6
10**16 100,6
10 *16 10 * % 0 10%
lOl^ifl
Low Midd’g; 10»1« ! 1058
lOiq.i 101*16 1078
11
ii
111*16 11%
Btr.L’w Mid ’ 1034
101316 1078
| lUle 111*8
11516
10*16 H3i6 I 11*4 111516 11*16 11*4
Middling...} 101 ^ i (; j 11
11916
Good Mid.. H»1G ! lll4
ll5m H7ic 1 11*2 •ll»lt> 1 1716 11*2
11**16
Btr. G’d Mid i]7io ! 11*2 - 119:6 mile! 11*4 111**16 lUllfi 111 34
123,6
U78
11*516 12*16 , 121q |123lH 121,6 ,12*8
Midd’g Fair 1
Fair
I 129|g i 125b
1211,8 121.5,61 1 278 321518 12*V :12% 12*5lfi
Weei

M

M M O

I

o

co-

Mon. Tae<

Sat.

.

to-l

to CP

V

CB5

.

•

<

hhC^>

M^1

:

00

P

P*

8=;
0:

p

I qiw;

o

I ^1

£®’©P

0

c

©

MM

GO
O

O/
C3

®

oL

CO

P" 8°

•

;

ec2

M —

TEXAS.

NEW ORLEANS.

UPLANDS.

•

to

which the early

lo\

© <j

5-’

15,421

at this market the past
improvement in prices.
Saturday showed an advance of a few points, and on Monday
there was a very active buying, mainly for April, and said to
he bv several German houses, who would expect the delivery of
the cotton for export. This greatly stimulated speculation and
caused an active buying at the South for prompt shipment to
this market.
Tuesday opened buoyant, but Liverpool did
not respond to the advices from this side; consequently there
followed a heavy selling movement to realize profits, under

©

•

,CD

pmJL

HM®
mop

•

342,523
37,192

great increase in the activity of the specu¬

has been a

to

5 ©©3

761.340

va

■

•

® •

-■t

21,318

lation in cotton for future delivery
week, attended by an important

1 larch 15

00

k-rf

P*

; q-:
• so *.

; ,®.;

709,221

® -

T5*-! S’-

Qdto- M

to

i &:
0K3

® ®

703,107

P

©2.£g
® ® 2

So® £
e-® ® £

C® ® go

p,

:

5X*?° a

*

g-^p,

g

cd

-

®

22,515

175,683
128,388

pr®
®
P ®

M

GO d-"*

•

s

93?I
SSffo

‘

225,585
17,721
20,7h9

85,782

11,692

Qj

S'.-

M 10

Total 1881

There

None.
None.
None.
None.
None.
None.
None.

6.600

1,612
3,000

0B

a

©

7.900
1,000
6,700

15,066

20,195

tf
g

-

£.£®

;

0Q
©

St

o

2.®

-

On

®

® O

m

C* go

® t?
® to-*

MARCH

361

THE CHH0N1CLR

22, 1884.]

March

3

! I
I ©

I

*
Includes sales in September. 1883, for September, 76,200; September-October, for October, 338,600; September-November, for November,

399,800; September-December, for December, 869,500; SeptemberJanuary, for January, 2,817,900; September-February, for February,

1,780,800.

Transferable Orders—Saturday, 1100c.; Monday, UTOc.; Tuesday,
ll*10o.; Wednesday', 11-lOc.; Thursday, ll*15c.;_ Friday, 1115c.
Short Notices for March—Saturday, 10*89c.; Monday, 10,96'®10*98c.;

Friday, 11*14c.

The
•19
•13
•19
•36
•20
•13

pd.
pd.
pd.
pd.
pd.
pd.
T9 pd.
•34 pd.

following exchanges have been made during the week:
to

exch. 500 April for May.

to exch. 200 May for June.
to exch. 200 April for May.
to exch. 200

Mar. for June.

to exch. 500 April for

100 March for April, even.
•13 pd. to exch. 400 June for
•26 pd. to exch. 100 April for

•27

May.

1,400 June for July
to exeh. 1,000 Apr. for May.
to exch. 100 Apr. for June.
to exch.

pd. to

July.
Sept.
exch. 100 Mar. for Sept.

•57 pd. to exch. 300 April for Aug.
T4 pd. to exch. 700 May for June.
T9 pd. to exch. 200 April for May.
•46 pd. to exch 100 April for July.
T9 pd. to exch. 500 April for May.
•23 pd. to exch. 100 June for Aug.
100 March for April, even.
•34 pd to exch. 500 Mar. for June.
•23 pd. to exch. 1,500 June for Aug.
•01 pd. to exch. 200 Mar. for April.

•37 pd. to
•34 pd. to

exch. 400 May for Aug.
exch. 500 Mar. for June,

362

THE

CHRONICLE.

The Visible Supply of Cotton
to-night, as made up by cable
and telegraph, is as follows. The
Continental stocks, as well as
those for Great Britain and the afloat,
are this week’s returns,
ami consequently all the

European figures

to

are

188-4.

18b3.

1832.

1881

931,000

58,000

776,000

68,300

849,000

61,000

47,100

Total Great Britain steel?
.1,093.500

999.300

837,000

896,100

Stock at London

Stock at Hamburg

4.000

Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
8 took at Antwerp
8cock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Genoa, ;
Stock at Trieste

70.GOO

53,000
1.200

1,900

206,000
5,000

3.200
40.200
27.000
2.000
900
125,000
4.300

125.000
2.320

55,000

43,500

8.700

7,000

4.700

2,383

61,000
12,000
5,000

Total continental stocks...

41.9,700

2.390

40.109
42.500
1,120
810

587

1,400

271,000

136,000
5,000
25,10c
3,000
3^700

238,295

263.330

Total European stocks
J
1,270,300 1,075,295 1,159.430
Iniia cotton afloat for Europe.
215,000
249,000
276.000
183.000
Araer’n cotton afloat for
Eur’pe 3 r. 6,000
587,000
379.000
5SO.0O0
Egypt,Brazil,for E’r'pe
32,000
42,000
54,000
32.00 >
Stock in United States ports
78S889
881,904
889.728
831,017
Stock in U. 8. interior towns..
147,992
251,898
227,389
277.992
Uaitsd St? tes exports to-day..
17,500
7,700
6.700
‘23,0U‘.»
Total visible supply
3
3.292,802
2.993,112 3,086.439
Of.the above,the totals of Amen
iflier fl«M:irlDCu-*ns
..

are as fono U:

American—

Liverpool stock

758,000
327.000

Continental stocks
American afloat for Europe—
United States stock
United States interior stocks..
United States exports to-day..

366.000

788.889
147.992
17.500

Total American
East Indian,Brazil, die.
Liverpool stock
London stock
Continental stock3
India afloat for Europe..
Egypt, Brazil. -Ac., afloat.
Total East India, &o
Total American
Prln« Mid

663,000
187.000
587,000
884.904
251.80S

537,000

653, OIK*
196,0' >6
530,000

134,000
379.000

7,700

889.723

831.017

227,383
6.700

277 992

23,Ooo

2,586.502 2,173,817 2,561 0u9
277.500
58.000
92.700
215.000

.,

32,000

263.000
68,300
84,' 00
249.000
42,000

239.000
61.000
104.295
276.000
54.000

675,200

706.300

734.295

!/• r^rj-ioo!

19G

•»<

47.100

cotton at

Week ending
March 21.

Wednes.

10

Now Orleans.
Mobile

davanuah....
Charleston...

Wilmington..
Norfolk
Boston
Baltimore

Philadelphia.
Louis

|18 3.
OO

<N

©
cc

-3

_

Cl ©

•S

u

©

©i<c © >-*1

© X O rH Cl © x
O © © r* © © CD

»—4

rH

^©^HXHjO

©

tJI

iO

.

7*

©

©

Cl

©

xi>oci

»h

o

© Cl tft <X. >C © iH 70 X© it^CI-ft ** © ClO CD
l> ©»0 Cl © UC -rf CO Cl © © ©
^ Cl © c* Tjl Ci©
r-» »H
r-3

c* a.

r-i

r'*

SQ

Cl

r-lgtri ©

ci
t'X> ci © >o < - oo -*
^
H H D H iC ^ O C5
© X X © C - C1 © X © CO ©
r-> ©
O C? X) ©
'rnooLOicr-

^>00

R.

•©©;.-t>r
'©
I © T}<
© —UO ©

©

© ■>* ci cn © G

.

s? -f0

251.89

cici

rH

00 «M

©r«ci©q:>

ci© I.C-tTr2©

1

1

©

! ©

CO

©

rH

c

t-

Cl

§
£

l> r* © iC © © © © © © © r> ©
© © © t>
©
ce —i o — X) —t © c. © an
© ci
: i-< ® ©

ti

^

r-T

ci

iO

CD
rH

Cl

© © © © © © ©

©

CO

®

CCXH.-OCI'fX

©
©

©

© ©r-< X-rH O ©
*-

1^

C W Cl Cl ^ ©

©

©

trH

X

Cl

©

in©©ci-^©©t>»-©©^^f-‘©©©:coo

r-H

CO

Cl Cl

ri

x IO

1-1

■H

©
© © © r- o —< ci
© © Cl n © CO CO
TJ-

t-

o^rfl lO '■£> rH ©_
rH

©

rH

iO

CO

©
CO

©
«

© 1

ro

© iO -rH t> © l> © ©
© >0-H r# rH rH i

O

X ©

l> T* rH

~

uC ©

©

rH

-r-i?>©©ino©©l>©
;©r^t>»oci©©io-i<
—i
74
© © LO

I

—1

lO

00 .H o Cl Cl

© CO

iO

Cl

©
©

cf-tf r-i

001>
ci

oio©©co-ocir»!>x©rH©©©©ir:©©
^ © GO
00 L- © CCrH © |> r# Cl
CO© CO Xj
r-l

oo co i© ©

rHrHCCr-i
•

Cl

CO

011- © r> »C

Cll>iO©

©^■8<

rH

rH

© ©

r-i

dci

r^»ot>»o»o^ci»-<t>'^»oui0iOio©©vo©ci
i^rHiO©^©ts*©iH©©©00CI©©00l'»CI
Cl Cl O © © rH
lO © rH

»C

r}< Cl Cl © iO

00

rf Cl

r-7

j t>

l>

I

00

Cl Cl m © © lO
l>
© 00 ro
Cl
rH ©© iO ©'.1 ©

CO
00

© 00
lO

rH

©
©

iH

CO r-t Cl

eTj?
CO

lO Ci © tO ©
Cl ©

©ci©©©f-ir>>

Cl Cl

rH

Cl

.

00

E
S

*0
-

-

<a

•’3
.

■

>»

■

5:5

ss o

-

c a 3
*

•This year’§ figures




O
as

•

Od
£0

'

aRcpa© 2
®

3

r-i

Cl

«

.§! ;g^§g<5

*3®

lO rH tH
rH

-'3

•d

pi
59

o

-

d ®

-

—

f-*

o3

+= ©

'«

°

1

◄Jcc Off

estimated.

43

$.-a

*3

^i
d ®
© g
©—
—
e
« e

*1°.

j

:<a

:

O

*
43

£

^©o

5-Sfe s

a

3

be

I

a

®I1

•a

M2

5

g-a£'3g§i

109

10*9
k5

-i

•»

11

.

l':5s

losaski

11

ILL}

through the outports.

e

1838

|

18 3.

Porta.

Sfk atlntcricr J'

18r2.

'8-4.

"j 140,612

!; 90.21.7

j

13SS.

112,110
86.7791163.86 U1.4S1
72,031
>105.021.
60.1*0 134,4481 onois

|

51.980 135.321
58.747
H

57,154

4.>6.‘->59 3-5 017
433.''.5'•

; <
f

61.9! 8

>

rv

:

is

? 1 1;

;

/,

;

•

.♦

* •+-

i

-i

j

5

-'-r’la

18S4.

3 • 77 «.t 120.276
Lo:3 72.10

• •

■

7U
•

42,63"- 2 3.0

5.3 2 )7,!
-

’

.

‘

*

U _7

0:
s

473

7 11

J

fcO.904
94,202
37 .-*•312! yi.5i5
1

1

;>

o

i 92

2 '

.:

1
'

•

•

51,394

11) 0

49.302
40,932

/.IH

28.813

•>:

19.C30

•0

i i

•

>70|

:7{:4

•

*...
:

1

47- 03

•

4.7;;

•

U

*’,*

i •? 41 4

0

-

,

* ■

.

5

•;

01,234
74,713

•

t

.0

\ ‘

("j

,1-2

•

", '

Vn

.,

279 1);

.' i'

'

•

,7v|

■'

4

372.rn'3eWi-7

2 U.

•

-0

:v,0.0!v 'Ml.’,::

3:->0,5.8 3-i3.5

30J.4J0 SfG 4/
70.427 .-:-3 07d;X> A
f^.73*. 3'5,9.y;,i0i.0.‘

j 40,S 0
!

^

y

\s 4

110,401 411),'NS S'L.otr
'104.5^' ■iO-OtHO C'0.710

7

shows—1. Tiixt the iot/. r *. eel els from
Septe ruber 1, Id '} were LO -■»*, 3 Id bales;
344 bal es: in 13M- j-3 were
,: d I dh bales,
the receipts at the e.i .uorts til
]j ist week
Lt

.

•

,

,

*

42,635 bales, the actual movement
only 19,050 bales, the balance being
the interior
were

towns.
week

same

Amount

of

srom

pm «r /cons

Cotton

87,835 bales

was

frv-i the stocks at

Last year the reaei;;.:/ from if.

were

31,141 bales.

an

1 for

r

p mutations
were

1832.nicy

Sight March 21.—In the table below
± an >thm’form, an 1
add
to them the net overland
movement to 21 /vo 1, and also the
takings by Southern spinners to the s un '
dam, so as to give
substantially the amount of cotton now in sight.
in

give the receipts from plantations i

|

1883-81

:

-86

1 -’8 * -8:

Receipts at the ports to Meh.21. 4,528,559,1 7-4..I 7'
Interior stocks on
excess of

111,653

190,‘>/0j

5,291, 8

5,012,112

468,4/1

A

2

*

1880-81.

:

March 21 in

September 1

Tot. receipts from plantations
4,?--40.21
>,*> l}> \'t 1
Net overland to March 1
16i,/7o! 5
5*>Southern consumpt’n to Mch. 1

r

,0

20s; uk;
5

:

-1 1 7 ;i

5,282,787
415,347
13 ,,000

15.}. 00

'(

4/-.7.L!

be seen

-

>

m

27#, 675

/32.8S4
i.

.

-.L.i, tii: iucco
j

ho

a

sight
jso as

18 50-81

Weather Reports

by.Telegraph.-—T/etwr thor has con¬
tinued to act as a bar to
farming opera'Jons in n large portion
of the South
during the week.• In Texes, however, (where
they
have had good rains this
week), painting l\ mr/mg good
progress, and in a few districts there is
m ..who,.-,
up.
The
river has again risen at
Memphis,
hut is e;q:cc£eu to
quickly
decline, In the vicinity of

tions

CO

as

©
©

co

CO 00 © iO O

©CIMMCI-fOWlXN
*h

©
©
rH

CO

10*8
10^8

lOLj
10 l2

W-6
IO*.*
103*

5g
10%

11

by the above iint Hi
do •> *.m
to-night/as compared with last year, is 91., > 8
compared with 1831-82 is 338| 129 bales, ami the .1
is 541,552 bales.

a t> © ©
^ Ci rH ©

rH

rHiO©CICI©©t-©OCC:cCliO
t>©©©00©©—'t>©rl<©©©

cfoo 00 CO
rH

CIt}<

©CO

©-H1r;o©<x©©©©cn>©ci©ao»©-H©
CO©'-V'
© ©X ©

©

qn ci tqcq
Cl

rH

ll^s
IOLj

ionlft

^

10

10J^
109, ft
109,8
IOSq
IOIIib
103]6
lUa
lUs
liq
1078® 11 1078®1I
1078a>ll
im
11 *4
HM
1058
1C>58^%
1U34
105b
10 N
10 3*
1058
10n]G
1034
10*8
1/5B
103b
10L2
105a
10*3

10»S
1193
10^80)11

lO^^^

1 0

KECEIi’TS FliOM PLANTATIONS.

It will

Cl

COM-HOOH

rH

■<*-*-<* © © © ©rH
Cl

11

10 Lj

ilia

^8

Total in sight March 21
r-f <N © f- id X ©
d © Cl Cl © t* iO
© © © © Cl ©

I0k>

169 ip,

©

H d cb g o ©

o

® t»H

w

10 34

Fri.

Southern consumption;
they are simply a statement of the
weekly movement from the plantations of that
part of the crop
which finally reaches the market

we

Cl
w

10^
103s

10^8
10»4
105a
105S

some¬
times misleading, as
they are made up more largely one
year
than another at the
expense of the interior stocks.
We reach,
therefore, a safer conclusion through a comparative
statement
like the following.
In reply to frequent inquiries we will add
that these figures, of
course, do not include overland
receipts or

for the

CO

©0©>»©©f- j
ci

rH

Cl

V

©

r-(

© © C5 t> t' t> l>

© ci

H

©
— t}< t > © ---1 7>©©
ci t'' co © © © ci © •—<
r- io

<

o

<—

©soNiii'0©iCH.'o
©

g

iix .'•i co

-qt'- © ©_ © i> ©_
ci © ©J X rH iO ©"

©

r-1

,gi
L

tq © -q © tt> y t- p r-i y

© © ©

lDVt
103g
10 Lj

Thurs.

Receipts from the Plantations.—The
following table is
prepared for the purpose of indicating the actual
movement each
week from the plantations. '
Receipts at the outports are

a

©©©t>-i©©r^©©ao

oIoh

10

r

Sept. 1, the shipments for

—»—•

^ © n

© xco

1(H1G

109,«

I0iilfi

3.292,802 2,908.112 3 0S6 439
11
5%
14<

corresponding

©® ocir>i^Tico

c6
^eCl

1012

67.330
183.000
32.00 1

movement—that is the receipts
the week, and
and the same items for the

to-night,

10a16

Cincinnati...
Louisville.... 1030

Note.—In the visible supply tabic last week
India afloat was stated
inaccurately,; it should have been 225,000 bal *h instead
of 265,000
bales, making a decrease of 116,072 bales as
compared with 188 1, an
increase of 230, 29 bales as
compared with 1882, and an increase of
100,797 bales as compared with teSl.
At the Interior Towns the

the stocks

10bj
10’‘2

109,6

11
10 3i 'W
11
lo 3a
10 83
l(Ho
10 l2

..

Augusta
Memphis....

decrease in the cotton in
sight
to-night of 212,221 bales as compared with the same date
of
1883, an increase of 172,469 bales as compared with the
corres¬
ponding date of 1882 and a decrease of 5,858 bales as
^compared with 1831.

for the week and since

each

CLOSING QUOTATIONS FOR
MIDDLING COTTON
Sat nr.
Mon.
Ties.

Galveston....

-st.

t

Other

at

we

day of the past week.

imports into Continental ports this week have been
49,000 bales.
The above figures indicate

Middling Cotton

for

receipts

Markets.—
give the closing quotations of
Southern and other
principal cotton marketsmiddling
for

525,430
2,586,502 2,173,817 2,561.60'

’>'arn

The

Quotations

In the table below

6.030

33,200
20,600

to-night*

The

year.

brought down

bales. 1,035,500

xxxviii.

Tlie above totals show that the old
interior stocks
have d
during the week 22,217 bales and are
bales less than at the same
103 90P
period last
creased

Thursday evening. But to make the totals the complete
figures for to-night (March 21), we add the item of
exports from
the United States,
including in it the exports of Friday only.
Btockat Liverpool

rvoL.

are

overflowed.

Vicksburg and

Grewivitle planta¬

Galveston, Texas.—We have had hard, bu!
splendid, rains
throughout the State on two days, which Lave hem
very bene¬
ficial. The rainfall here reached
three i*wiles acd
four hundredths.
twentyThe thermometer has
averaged 50, ranging
from 51 to 69.
lndianola, Texas.—It has rained very
finely on. four days
of the week, but
hardly enough. The luinMi rerwhed one
inch and fifty-three hundredths.
Corn is
up and
thriving ; there is also some cotton up, ami a!'general'y
Cl lug i; making
good progress. Average thermometer 13,
highest 75 and low¬
est 51,
destine, Texas.—We have had very welcome rein
on two
raiilfall reaching two in lies and

days of the week, the

22,

March

THE CHRONICLE.

1884.]

363

The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o’clock
March 20, 1884, and March 22, 1883.
three

days of

^ek tlie rainfall reaching three inches and forty-nine
1 imdredths.
The thermometer has averaged 62. '
Shreveport, Louisiana.—We had heavy rain on Monday,
The rainfall
nd the remainder of the week lias been clear.
ached one inch and eighty-nine hundredths. Roads are in
fail’ condition. The thermometer has ranged from 44 to 71.
Vicksburg, Mississippi.—It was showery on three days
luring the early part of the week, but the latter portion has
been clear and pleasant.
The rainfall reached two inches and
thirtv-three hundredths. The planting season is very back¬
ward. The river is now forty-eight feet, three inches, above
(rw water mark : several levees are breaking below here.
The
thermometer has ranged from 41 to 72.
Meridian, Mississippi — Telegram not received.
Greenville, Mississippi.—It has rained on one day of the
week the rainfall reaching one inch and twenty-three hun¬
dredths. Planters in overflowed districts are discouraged by
the prospect of continued high water.
Average thermometer
49. highest 79 and lowest 40..
Columbus, Mississippi.—We have had rain on two days of
the week, but at the close there is a favorable change in the

r

Mch. 20, '84- Mch. 22.

3.

,

P

Below

New Orleans

Fat.
0
31
41

high-water mark

Memphis....
Nashville....

Inch.
9

1

24
6

11
1
1

48

Above low-water mark.

Feet.

3
11

22

Shreveport..
Vicksburg...

84 81

Bich.

O

8

22

2

42

10

L

,

weather.

The rainfall reached one

The thermometer has ranged from

Cotton

India

Movement

from

Ports.—We have

all

to make our reports more
detailed and at the same time more accurate. We had found
it impossible to keep out of our figures, as cabled to us for the
ports other than Bombay, cargoes which proved only to be
shipments from one India port to another. The plan now
followed relieves ns from the danger of this inaccuracy and
keeps the totals correct. We first give the Bombay statemen
for the week and year, bringing the figures down to March 20
re-arranged

our

India service

so as

BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR

inch and eighty-seven

hundredths.
Little Rock, Arkansas.—The weather has been much more
settled and spring-like during the week. It has been cloudy,
with light showers, on three days, the rainfall reaching thirtyfive hundredths of an inch.
38 to 65, averaging 52.

New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to highwater mark of April 15 and 16, 1874, which is 6-10ths of a foot
above 1871, or 16 feet above low-water mark at that point.

vear

Receipts.

Shipments since Jan. 1.

Shipments this week.
Great Conti¬
BriVn. nent.

YEARS.

Conti¬
nent.

Great
Britain

Total.

This
FP eek.

Total.

1884 24,000 10,000 34,000 158,000 132,000
L383
1,000 24,000 25,000! 130,000 251.000
1882 35,000 5,000 40,0o01288,000 140,000
1881 12,000 4,000 16,000! 83,000 117,000

Sir.ce
Jan. i.

340,000 53,000

495,000

38 1.000 76,000

612,000
590,000

434,000 76,000

365,000
230,000 45,000
Arkansas.—It has rained on one day of the
balance of the week has been pleasant. The
According to the foregoing, Bombay appears to show a
rainfall reached fifteen hundredths of an inch. The ther¬
mometer has averaged 57, ranging from 40 to 68.
Last week decrease compared with last year in the week’s receipts of
it rained on two days, and the rainfall reached one inch and 23,000 bales, and an increase in shipments of 9,000 bales, and
thirty hundredths. The thermometer averaged 45, and ranged the shipments since January 1 show a decrease of 41,000 bales.
The movement at Calcutta, Madras and other India ports for
from 30 to 79.
the
last reported week and since the 1st of January, for two
Fort Smith, Arkansas.—Telegram not received.
“ Other ports” cover Ceylon, TutiHelena, Arkansas.—It has rained on two days of the week, years, has been as follows.
and the remainder of the week has been pleasant. The rain¬ corin, Kurrachee and Coconada.
fall reached thirty-one hundredths of an inch.
The thermom¬
Shipments since January 1.
Shipmen ts for the week.
eter has averaged 53, the highest being 64, and the lowest 40."
Monticello, Arkansas.—Telegram not received.
Conti¬
Great
Great
I
Total.
Total.
Britain. I Continent.
nent.
Britain.
Newport, Arkansas.—Telegram not received.

Line Bluff,
week, and the

Memphis, Tennessee.—We have had

light showers 071 three

days of the week, but the weather is now clear and pleasant.
The rainfall reached thirty-six.hundredths of an inch.
Plow¬
ing 4s making good progress in the uplands. The river is
again rising and is now two feet below the danger line,* but
will soon be on the decline again. It will all run out in time for
the making of the next crop.
Average thermometer 55'5

highest 70 and lowest 41.
Nashville. Tennessee.—We have had rain on five days of
the week, the rainfall reaching ninety-three hundredths of an
inch. The ground is still too wet, and little or no plowing
has yet been done: but as the week closes the weather has
taken a favorable turn. The thermometer has averaged 54,
the highest being 69 and the lowest 38.
Mobile, Alabama.—It rained constantly on two days, and
was showering on one day, during the early part of the week,
but the latter portion has been clear and pleasant. The rain¬
fall reached four inches and sixty-seven hundredths. Planting
preparations are very backward. The thermometer has ranged
from 43 to 75, averaging 59.
Montgomery, Alabama.—We had rain on three days the
early part of the week, but the latter portion has been clear
and pleasant.
The rainfall reached two inches and two hun¬
dredths.
The tributary rivers have overflowed.
The ther¬
mometer lias averaged 58, ranging from 40 to 73.
Selma, Alabama.—It has rained on two days of the week,
the rainfall reaching two inches and forty-seven hundredths.
Average thermometer 55, highest 69 and lowest 37.
Madison, Florida.—Telegram not received.
Macon. Georgia.—It has rained on three days of the week,
but as the week closes there is a favorable change in the
weather.
The thermometer has ranged from 35 to t2, averag¬
ing 56.
Columbus, Georaia.—It has rained severely on one day of
the week, the rainfall reaching two inches. The thermometer
has averaged 60. ranging from 42 to 72.
Savannah, Georgia—We have had rain on two days, and
the remainder of the week has been pleasant.
The rainfall
reached forty-seven hundredths of an inch. Average ther¬
mometer 60, highest 76 and lowest 42.
AugustaGeorgia — We had rain on three days during the
early part of the week, and the latter portion has been pleasant
and clear.
The rainfall reached seventy-one hundredths of an
inch. In consequence of the bad weather, very little, if any,
progress has been made in preparing land for planting.
The
thermometer has averaged 58, the highest being 75 and the

Calcutta1884
1883

1,500

45.000
4(3,500

1,000

1,000

8.500

2,000

2,000

9,000

15.000

Madras—
18S4

All others—

Total all1881
1883

9.000

9,000
1,500

1,500

o

8,500
o,50O

12,000

12,000

4,(00

6,000

65,500
55,000

18,000

00,000
i),oOO

24,000
y,uoo

4.500

1883

80,500
67,000

21,000
12,000

The above totals for the week show that the movement
the ports other than Bombay is 16,500 bales more
week last year.
For the whole of India, therefore, the

from

than same
total
shipments since January 1, 1884, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE FROM

Shipments

to

Since
Jan. 1.

This
week.

Since
Jan. 1.

34.000

340,000

25,000

89,500

1,500

381,000
67,000

40.000

18,000

1,000

434,000
112,300

52.000

429,500

26,500

448,000

41,000

546,300

ports.

Total

.

This

Since
Jan. 1.

from—

All other

1882.

This
week.

all Europe

Bombay

ALT. INDIA.

1883.

1884.

iceek.

This last statement affords a very interesting comparison
the total movement for the three years at all India ports,

of

Alexandria Receipts and Shipments.—Through arrange¬
ments we have made with Messrs. Davies, Benachi & Co., of

Liverpool and Alexandria, we now

receive a weekly cable of

the movements of cotton at Alexandria,
are the receipts and shipments for the

The following

Egypt.

past week and for the

corresponding week of the previous two years.
Alexandria, Egypt,

Receipts (cantars*)—
This week....
Since Sept. 1

15,000

10,000

2.588.00O

2,190,000

This

Since

week. Sept.

Exports (bales)—
To Liverpool
To Continent

Total Europe
*

1

1881-82.

1882-83.

1883-84.

March 19.

lowest 37.

Atlanta, Georgia■.—We have had rain on two days of the
week, with a rainfall of two inches and forty-four hundredths.

1,500

6,000

..

„

,

1.

■

This

j week.

Since

Sept. 1.

25,000
j

2,736,000
This
week.

Since

Sept. 1.

1,000 217.000
3,000 106,000

3,000

74,000

2,000 223,000
2,500 158.338

4.000 323,000

4,000 285,000

4,500 381.338

1,000 211,000

A. cantar Is 1)8 lbs.

that the receipts for the week ending
March 19 were 15,000 cantais and the shipment 3 to all Europe
ranged from 36 to 68, overaging 54.
Charleston, South Carolina.—It has rained on two days of 4,090 bales.
the week, the rainfall reaching sixty-four hundredths ob an
Manchester Market.—Our report received from Manchester
inch. The theimometer has averaged 58, ranging from 42
to-night states that the market is firm. We give the prices of
to 78.
to-day below, and leave previous weeks’ prices for comparison.
Columbia, South Carolina,—Tekgam not received,
The thermometer has




This statement shows

364

THE
1884.

32a Oop.
Twist.
a.

d.

Jan.18 8^ ®
25 8 hi ft
Feb. 1 87ie 3
“
8 8Ha 3
44
15 3Hj 3
44
22 8*2 ft
“
29 8H3 3
Mch. 7 8*2 '3)
“
14 S1^ 3
21 891 A 3

d.

-a>7

9

2Hj
2Hz

9

1

2Hj
2i2
2Hj
2*2
2 k?
212
2

A New Newspaper for

of

187 Pearl

32a

Oop.

Shirtings.

d
515 u

d.
3

9U 6

578
r>1°16
578
5lhe
51 h,.
578
578‘
578
51°16

8 % 3>

934 6

d.

s.

8% 3 9 59; 6
S*4 3 958 6
8% 3 9H> 0

S^s 3 93s 5
8 Hi 3
838 3
33 3
83s 3

Oott'
Mid.

8*4 lbs.

Iwist.

TTpl Is

d

s.

5 10
31
5 5*3 3)7
9
5 7
31
9
5
7
31
9
5 7
3) 7
9
0
7
31
9
5 6H3 3>7
9
5 7 31
9*6 5 7 'ft!

“

OotVn
Mid.

Shirtings.

9^ 5 10

“

1883.

8*4 lbs.

s.

CHRONICLE.

914 5
914 "5
9145
914 5

d.
0
1
0
0
ll
10
10
10
9
9

8.

37
3)1
3>1
31
31
3)1
31
31
31
31

TJph

d.

s

d.

4H3
6
6
6

4H2
3
3
3
3
3

no

day of the month in 1883 and 3 32, 377 bales more than they \ver
to the same day of the month in 1882.
We add to the
taW6
the percentages of total port receipts which had
been repair?
to March 21 in each of the years

The Exports

named.

»

Cotton from New York this
week show
decrease, as compared "with last week, the total reach in 8 0°8
bales, against 10,015 bales last week. Below we give our
usual
table, showing the exports of cotton from New York, and
their
direction, for each of the last four weeks; also the total
exports
and directions since September 1, 1883, and in the
last column
the total for the same period of the previous
of

year.

Exports

South.—Mr. R. Dundas Chater,
issued the first number of “The

Cotton (bales) from New York since Sept.
i. igS3

ok

the

Street, has just
Naval Stores Market Reporter,” devoted
exclusively to Southern
interests. Mr. Chater has for twelve years issued a
weekly cir¬
cular on naval stores which has been an
authority on that sub¬
ject throughout the country, and now he has begun the publi¬
cation of tills paper to take the place of the
circular, only
covering a wider field. He proposes to give the latest and
fullest intelligence relative to naval stores from all
parts of the
world, including values, receipts, sales and stocks of spirits tur¬
pentine and rosin in all the American and European markets.
We trust this new venture will be
abundantly successful, and
have

[VOL. XXXV in,

doubt it will deserve it.

week

Exported to—

Total

Same

Total
period
March March ! March
since previ’us
G.
13.
20.
Sept. 1. year.

Feb.
28.

Liverpool.'

3,373

Other British

ending-

8.235

9,465

6,418 275,254:341

ports

500

to Great Britain

Havre
Other French ports

3,373

8,235

349

566

9,465

17,843

6,918 293,102 344,976
500

28,182

500

28 182

150
210
250

21.201

610

100

1

Total French

A

349

566

Bremen

-

275

600

Other ports

100
516

50

200
50
300

Total to North. Europe

616

925

550

Hamburg

3A20

20 088

32,350

25,577

47’570

73,699 115,160

Jute Butts, Bagging, &c.—The market continues
8pain, Op’rto, Gibralt’r,&c
9 ft!
2 967
very
J...
300
2^532 5,410
steady, but business continues to be of a jobbing character, All other
only a few round parcels having found buyers.
300
Sellers Total Spain, &c
5,499
8,225
are not forcing
goods, however, as a good demand is ex¬
Grand Total
4,338 10,026 10,015 8,028 400,482 491,466
pected shortly, and we do not hear of any lots offering below
914c. for 1% lb., 10c. for \% lb., 10^c. for 2 lb. and llj^c. for
The Following are the Gross Receipts of Cotton
at
standard grades. Butts are still rather
quiet, and, beyond a New York, Boston, Philadelphia and Baltimore for the past
few orders for present wants, we do not hear of
any business. wTeek, and since September 1, 1883.
A few inquiries are reported for parcels to
arrive, but we did
|

^

.

......

not learn that any
somewhat easier,

transactions had been made. Prices are
and 2%@ 2}{c. are the figures for paper
grades, while bagging qualites are held at 2%@ 2/8c*
Comparative Port Receipts

and

Daily Crop Movement.

—A

comparison of the port movement by weeks is not accurate,
as the weeks in different
years do not end on the same day of
the month. We have consequently added to our other
standing
tables a daily and monthly statement, that the reader
may
constantly have before him the data for seeing the exact relative
movement for the years named.
The movement each month
since September 1, 1883, has been as follows.
Year

Monthly
Receipts.

1883

Sept’mb’r

1882.

343,812

326,656

October.. 1,046,092
980,584
Novemb’r 1,030,380 1,094,697
Deoemb’r 1,059,653 1,112,536

January

.

February.

487,729
385,938

752,827

595,598

Beginning September 1.
1881.

1880.

429,777
458,478
853,195
968,318
974,013 1,006,501
996,807 1,020,802
487,727
571,701
291,992
572,728

333,643
888,492
942,272
956,461
647,140
447,918

1878.

288,848
689,201
779,237
893,664
618,727
566,824

Totalyear 4,353,604 4,862,898 4,033,541 4,598,523 4,215,929 3,836 564
Perc’tage of tot. port
receipts Feb. 29...

80-78

85-45

78-28

84-28

86-27

This statement shows that up to Feb. 29 the
receipts at the
ports this year were 562,440 bales less than in 1882, and
320,063 bales more than at the same time in 1881. By adding
to the above totals to Feb. 29 the daily
receipts since that time,
we shall be able to reach an exact
comparison of the movement
for the different years.
1883-84.

1882-83.

1881-32.

1880-81.

1879-80.

1878-79.

Tot.Fb.29 4,353,604 4,862,898 4,033,541 4,598,528
4,215,929 3,836,564
Mch.l
11,840
14,588
6,519
20,473
16,279
10,547
44
2....
S.
24,228
7,625
12,465
8.

12,171

“

3;...
4....

11,144
11,606

19,886

“

5....

8,443

26,858
22,876
16,430
13,081
25,695
13,932

44
“

6....

7,494

41

7....
8....

18,193
8,128

44

9....

8.

44

10....

8,342

11....

44

44

44

13....

8,610
7,207
19,724

44

14....

11,589

!* 15....

4,568

44

12...

44

16....

44

17....

44

18....

44

19....

44

20....

44

21....

S.

7,958
8,358
4,946
6,917
9,888

S.

S.

10,803
6,913

13,485

S.

8,582
11,056
6,673
12,038

28,948
24,435
18.576
19,011
28,15u
17,256

16,415
6,724
6,711
10,914
13,745

S.

5,909
S.

16,729

10,207
10,900
10,289
7,077
13,072
9,411

S.

15,968
17,877
18,444

12,432

10,056
13,404
9,829

19,421
24,551
12,952
23,596
12,548

16,505

22,115
21,006

S.

25,282
19,164
13,192
14,900
18,406

S.

7,707
8.

8.

18,764

14,887
8,298
10,344
13.767

7,531

6,660

12,019
7,453

S.

15,917

13,242

S.

17,571

8.

8,840

19,628
19,653
7,947
9,860
15,631
12,430

13,435
7,411
4,150
10,248
11,141

8.

8,718
10,584
13,897

Total

4,528,559 5,202,558 4,206,182 4,951,900 4,405,391 4,058,522
Percentage of total
86*42
port rec’pts Mch.21
89-11
84-30
98-08
91-26

This statement shows that the

to-night




are now

This
week,

New Orleans.

Savannah.

receipts since Sept. 1
673,999 bales less than they were to the

up

to

same

Since

This

Since

j

This

Since

This

Since

Sept. 1.

week.

Sept. 1.

j

week.

Sept. 1.

week.

Sept. 1.

185.805

j

••••.*•

178,038
791

140,463
!

1,500

••••••

2,130
52,308;
5,872

48

11,843

179

6,323

i

5,S94<

So. Carolina..

2,235!

99,891

No. Carolina..

7641

20,270

2,820;
157!
1,004
1,128!

213,088
2,105

1,686

42,297;

1,227

368

71,503!

94,609

5,778

140,610'.

2,13S

Florida

Virginia
North’n ports

Baltimore.

j

720

..

Mnhile

| Philadelphia.

BOSTON.

„

!

5,659
3,904

Texas

j

Tennessee,&c
Foreign

.

1879.

New York.

Receipts
from—

i

'

237
242

13,823
24,339

35,529

2,370

74,754

17,980

200

19,683

j

’

53,872

......

7,375

4,459

1,611

...

12

••

This year...

IS,397j

950,675

10,123

322,095!

3.592

72,181

4,726

186,283

Last year..

20,565 1,042.152

15,404

401,2:15'

3,470

122,730.

4,656

242,775

•

Shipping News.—The exports of cotton from the United
States the past week, as per latest mail returns, have reached
91,366 bales. So far as the Southern ports are concerned, these
are the same
exports reported by telegraph, and published in
the Chronicle last Friday.
With regard to New York we
include the manifests of all vessels cleared up to Thursday

night of this week.

Total baits.
New York—To

Liverpool,

per

steamers Britannic,

1,265

Gallia, 1,705...,Republic, 882
The Queen, 501
Dyck, 503
Wyoming, 1,562
To Hull, per steamer Rialto, 500
To Havre, per steamer St. Laurent, 500
To Bremen, per steamers Main, 50
Werra, 100
To Hamburg, per steamer Gellert, 210

To Antwerp, per steamer Belgenland, 250
New Orleans—To Liverpool, per steamers

Inventor, 4,192

Mayaguez, 2,564

per ship Lady Palmerston, 4,395
To Havre, per steamer Alcester, 4,965

3,992

—

Van
6,418
500
500
150
210

.

250

Alava,

4,091....
Navarro, 7,000

22,242
per ship Caledonia,

To Bremen, per steamers Ehrenfels, 5,078....Pine Branch,

3,850

8,928

To Barcelona, per bark Isabel, 850
To Malaga, per bark Ferreri, 1,000.

850
1,000

To Genoa, per bark Monto San Angelo, 1,257.
To Vera Cruz, per steamer City of Mexico, 919
Savannah—To Havre, per bark John Boyd, 2,000 Upland
To Bremen, per steamer Amaryllis, 4,050 Upland
To Amsterdam, per steamer Amaryllis, 1,121 Upland
Galveston—To Liverpool, per steamer Bernard Hall, 7,005 —
per barks Lottie Stewart, 2,394
Mentor, 1,656
To Bremem, per bark Gutenburg, 2,186
Norfolk—To Liverpool, per ship P. M. Blanchard, 4,447—per
bark James L. Harway, 3,704

Baltimore—To

Liverpool,

per

Nubian, 2,527

919

2,000
4,050
1,121

11,055
2,186

8,151
5,041
4,108
1,473

Liverpool, per steamer Missouri, 4,108
Philadelphia—To Liverpool, per steamer Ohio, 1,473
Total

form,

1,257

steamers Mentmore, 2,514—

Boston—To

The

8,957

91,366

particulars of these shipments, arranged
follows:

in

our

usual

are as

Liver-

Amster- BarceBremen dam cC Iona &
<£ HamAntMal-

pool. Havre, burg,
New York.
6,418
500
360
N. Orleans. 22,242 8,957 8,928
Savannah
2,000 4,050
Galveston.. 11,055
2,186

icerp.
250

aga. Genoa.

1,850

1,257

Yera
Cruz.

919

1,121

Total.

8,028
44,153
7,171
13,241

Norfolk

8,151

8,151

Baltimore..
Boston

5,041
4,108

5,041
4,108

Philadelp’a

1,473

1,473

Total... 58,488 11,45715,524

1,371

1,950

1,257

919

91*366

22,

March

h

THE CHHONICLE.

1884.]

above totals are from New York to Hull, 500 bales.
add the clearances this week of vessels carrying

01)0
Tuew., Mcli. IS.

Sat., Mch. 15.

Mon., Mch. 17.

Open High Low. Clou.

Open High Low. Clou.

Included in the
vere

able
ived

low we

r

United States ports,

i

cotton from
the latest dates.
por

„CSTaV

*,028

r, or

4,007.

-

March 20—

rilavre—March
15—Steamer Bede water, 3,897
Craighton, 4,767.

For

March

me

iod

Vi’us
ar.

5 5S

5 58

5 58

5 60

5 61

5 60

5 61

5 61

5 61

5 Cl

501

April-May..

561

5 61

561

561

5 63

6 00

5 63

0 03

6 00

6 00

6 00

6 00

May-June .
June-July..
July-Aug...

6 Oi

6 02

6 01

6 02

6 04

6 04

601

6 04

6 05

0 05

6 05

6 05

6 05

6 06

6 05

6 06

6 08

6 03

6 08

6 09

1

6 03

6 09

6 09

6 09

6 01)

6 03

6 09

6 09

6 12

6 12

6 12

6 12

| 6 13

6 13

612

6 12

Auk—Sept.

6 13

6 14

6 13

6 14

6 16

6 16

6 16

6 16

6 16

6 16

6 16

6 10

Sept.-Oct...

6 12

612

6 12

6 12

6 14

6 14

6 14

6 14

Oct.-Nov..

976
005

100
J05
,013
,577
,570

,160
,&15
,410

..

....

....

Fnr

Dec.- Ian....

Fnr

Jan.-Feb....

....

Liverpool—March 17—Bark J. Walter Scammell,

British Prince, 2,561...March 19—Steamer

of disasters to vessels

from United States ports, &c.:

Douglass, at New York, March 13, L om Liver¬
pool. on March 8, lat. 43, Ion. 40, passed a bale of cotton.
Asiana, ship (Br.), before reported, from New Orleans for Liverpool,
which put into Bermuda in distress, had discharged 1,750 bales
of cotton on March 13, but the arrival of a special agent from
owners and underwriters had stopped any further discharge.
Her bottom was to be examined by a government diver before any

Sntur.

Bremen, steam, .c.
9ail
c.
Do

i332*

1332*

Hamburg, steain.c.
sail... c.
Do

516*

^16*

Amst'd’m, steam.c.

13.,o*

sail

Thu rs..

Barcelona,steam.c.
Genoa, 'steam....c.
Trieste, steam ...c.
Antwerp, steam..c.

....

....

....

....

....

....

....

....

• • v

.

.

.

•

•• •

....

.

.

....

....

...

....

....

.

....

..

.

.

•

.

••

♦

....

....

.l».j

Fri., Mch. til.

Tliuix., Mch.

Open High Low. Clos.

.

a,

....

....

,

1

....

6 01

6 01

6 02

601

602

6 04

|

6 06

6 or

6 06

6 07

6 08

6 08

6 08

6 08 i

6 10

0 11

6 10

011

6 13

6 14

6 13

6 14

6 15

6 15

6 15

0 15

6 17

6 17

6 17

6 17

6 18

6 18

613

018

6 14

6 15

6 14

6 15

6 17

6 17

617

6 17

6 03

6 03

6 03

6 03

July-Aug...
Aug.-Sept..
Sept.-Oct...

6 16

6 16

6 16

6 16

!

6 12

6 13

6 12

6 13

....

....

....

....

....

...

.

6 04

|

....

.

5 63

6 07

....

.

6 04

6 07

Dec.-Jan....

d.

601

6 03

Nov.-Dee...

....

6 01

6 08

•

d.

5e3

June-July..

•

....

6 03

6 03

•

d.

5 62

5 62

.

....

6 01

6 04

•

.

6 03

5 63

•

.

6 01

6 04

•

.

6 CO

5 63

•

d.

d.

5 62

April-May..
l£ay-Juns..

....

....

5 62

Mar.-Apr...

....

d.

5 62

561

....

...

5 62

i

5 61

....

d.

d.

....j

....

....

•

•

•

..

....

...

•

....

....

....

....

....

....

....

....

....

...

....

....

....

....

....

....

....

....

....

I

....

:l

quiet and depressed,, owing partly to the
slowness of trade, and partly to the reduction in freight rates
hither from the West. Winter wheat flour of high grade has
continued in moderate supply, but some of the lower grades
are in
ample supply. The receipts, however, have been
mainly of spring wheat flour. City mills and Southern flour
sell rather the most readily, though the duluess of all grades
differs only in degree.
To-day the market was dull and
generally weak.
Wheat has been quiet for export but fairly active on specu¬
lation. Prices have declined, mainly owing to the favorable
weather at the West, where the prospects seem to point to an
early Spring seeding. Not a little has been sold in Chicago on
stop orders, and here at times there lias also been free selling.
May is the favorite option here among speculators, and recently
a bull movement was started in that month, but it is not at
all aggressive now. The shorts have covered steadily as prices
fell, or there would have been a much greater decline. The

Fm.

....

....

....

....

30*

30*

3&

38 0)1332* 30'S)

5ie"

....

....

...

I332*
....

15C4V

15G4*

....

....

....

....

....

....

....

....

.

1564*

1501*

5I6*

1332*

1332*

IS32*

13^2* 38®1332

516*

....

...

....

....

....

....

c.

....

5 61

38

V®V

x2'a) Sg*

V

V

3fc a*12*

V

V

V

616*

516*

516*

38® 1330'

516*
....

1332*
...

15B4‘
....

3a® Lp

38"® L3*

38 ® Ly

38®12*
V

38®12‘‘

38®

516*

V
5

la*

ha3 been

Flour

30'

....

3a*

Do

....

....

BREADSTUFF S.

follows:

Wednes.

Hues.

Mon.

Havre, steam—c.
Do
sail
c.

Reval, steam—d.

....

I

:
...

Friday, P. M.. March 21, 1884.

....

aail...c.

....

5 61

Jan.-Feb—

33 2® 10*
Liverpool, steam d. 832'&18* 332® 1e* 332*® *8* 332® 18* 332® 18*
sail.-.d.
Do

Do

....

taken.

freights the past week have been as

Cotton

.

Oct.-Nov...

steamer (Bi\),

Wyoming,

i

....

....

....

a.

d.

d.

March

Liverpool—March 15—Steamer Thancmore, 1,977.
For Bremen—March 14-Steamer Weser, 1,904.
Philadelphia—For Liverpool—March 14—Steamer Lord Gough, 2,291

carrying cotton

....

.

Open High Low. Clos.', Open High Low. Clos.

1,369.
Baltimore—For

give all news received to date

...

....

*•

1

....

!

17—Bark Traveler, 1,522.
Newport News—For Liverpool—March 14—Steamer Gleurath,
.
Boston For Liverpool—March 12—Steamers Catalonia, 139 ; Iberian,

Below we

•

...

.

j

|

....

l

NORFOLK—For Liverpool—March

March 18—Steamer
Indiana, 1,375.

....

....

....j

....

....

....

.

Wednes., Mch

14—Bark Bertha, 1,530: brig Eva, 650—
19—Bark Guayaquil, 850.

further action be

1,872

.

Nov.-Oeo..

....

....

March

d

Mar.-Apr... 558

For°Barceloua—March

550
42 (j

d.

d.
5 58

Pasagcs-

Charleston—For

d.

d.
5 58

a,

?3.

|

d.

d.

d.
5 58

March 10-Bark Fawilia, 900.
wavnaii
For Liverpool -March 17—Bark Waeissa, 2,780.
Artolplms 2 027.
0ATFMB,oJi5,-Marili.lo-Sl;ii,
Keval—March 15—Bark Ashautee, 2,o7o.
Cronstadt—March 15—Bark Lepreaux, 2,989.
For Barcelona—March 17—Brig Soberano III., 899.
For

d.

d.

Gloria, 3,070.

Koval-March 15-Bark

d.

d.

Low. Clot.

5 58

March

Liverpool—March 15-Steamers Eduardo, 4,725:
March 20—Steamer Discoverer, 3,092.

For
*
Qtonnier

ieir
mm

pans—For

«£?£? 3 400

sual
orts

Liverpool—March IS—Bark Nadia, 1,928

29—Ship Cashmere,

>wa

bringing our data down to

Open] High

516*

.

*

Compressed.

Liverpool.—By cable from Liverpool, we have the following
&c., at that port. We

statement of the week's sales, stocks,
add previous weeks for comparison.

Mch. 7.

Feb. 29.

Bales of the week
bales.
Of which exporters took ....
Of which speculators took..
Bales American
Actual export
Forwarded......
Total stock —Estimated
Of which American—Estim’d

75,000
6,000
5,000
57,000
5,000
37,000
973,000

706,000
117,000

Total import of the week
Of whfoh American
Amount afloat
Of which Amerioan

102,000
374,000
270,000

'

60,000
5,000

Mch. 14.

Mch. 21.

54,000

73,000

5,200

5,000

5.300
1,360
4,000
52,000
42,000
38,500
5,600
5,500
6,200
16,000
23,000
21,500
999,000 1,046,500 1,035,500
758,000
768,000
725,000
73,000
124,000
99,000
51,000
98,000
80,000
317,000
322,000
363,000
205,000
214,000
250,000

export trading has been comparatively unimportant here,
though the market has not been much above the limits of
exporters in some cases. In Chicago there has been an in¬
creased foreign business in Spring wheat, Exporters being
favored

fractional decline. English buyersare indifferent, as they claim there is a prospect of large
supplies from Russia. No. 2 red wheat closed at $1 10l/£ in
elevator, $1 07% for March, $1 08]^ for April, $1 10% for May,
and $1 12% for June, these prices being % to lc. lower than
the figures of a week ago, the later months showing the great¬

a

moderate trade here at a

est

Liverpool market for spots and futures each
day of the week ending March 21, and the daily closing prices
of spot cotton, have been as follows:
The tone of the

depression.

Indian

Spot.

{

Market,

\

12:30p.m.

Mid Upl’ds
Mid.Orl’ns
Sales

8pec.& exp.

Active
and
firmer.

Harden’g*

5^8

57e

6

6

10,000
1,000

Tuesday.

Wednes.

Thursd’y.

Friday

Steady.

Steady.

Firm.

Firmer.

5»i«

515i6
6he

516i0

12,000
1.000

10,000
1,000

Ohs

15,000

10,000

3,000

1,000

61ie

515ie
6x16
12,000

2,000

futures.

.

Market, (

12:30p.m.

Market,
5

P. M.

J
l

\

Firm.

Firm.

•

Firm.

Steady.

Quiet.

Firm.

Firmer.

Steady.

Steady.

Firm.

Firm.

Steady.

corn

has been only

moderately active on speculation

and very quiet for export. Prices
with the decline in wheat, but corn

have fallen in sympathy

has not followed the latter

closely as at times in the past. Still, the speculative
trading, both here and at Chicago, has been without anima¬
tion, and only a better demand at the latter market for the
lower grades, which are becoming scarce, prevented a more
marked decline there ; though some vvhat smaller receipts have
likewise served to break the force of the downward move¬
ment in wheat.
To-day there was a moderate trade here at a
slight decline. White and yellow descriptions are neglected
and to a great extent nominal. No. 2 mixed closed weak at
61c. for March, 01%c. for April, 02%c. for May, 63%c. for
June and 65c. for July. These prices are
to lc. lower than
cereal

Saturday Monday.

by low rail freight rates eastward, and exceptionally
through bills of lading. To-day there was

favorable terms on

so

those of

a

week ago.

moderately at prices showing no
been fairly active only, and have
declined slightly; No. 2 mixed closed at 40c. for April, 40%c.
otherwise stated.
for May and 40%c. for June, showing a decline of %c. for the
tap The prices are given in pence and 64ths, thus: 5 62 means 5 62-64d.
week.
The trading toward the close was more active.
and 6 03
6 3-64d.

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
The

means




Rye and barley have sold
marked change. Oats have

I

:

4

366

THE

CHRONICLE.

The

following statement, iirepared by the Bureau of Statis¬
tics, will show the exports of domestic breadstuffs from the
undermentioned customs districts, during the month of Feb¬
ruary, 1884, and for the eight months ended the same, as com¬
pared with the corresponding months of the previous year:
hhhh ^ ?C

a

^5

'

m

Tree 25 K 1-c
I—^"

o

—1

c

®

XX M M

!

c

:

o o

^8 ;1~

s

X 00

g cc

o c -

-

3> X

|_1

X

XX
WM

r

o :
X .

jo

:

Y;

c tv

:

:

•

’

2.» © ^ g w
5* £ • or ^ 1

•

;

: : : g?3: r

;

I ; ; ; ! I ; I

ZL

1

1

^^1
O
•

•

tote

g:

•

j

!
;

xx:

;

CO M.

•

:
j

: ; : : ; : : p :
•!!!.!!! !

:
T

Superflne
Spring wheat extras..

1

1

1

XM
<

V

>-

•

ao

White
White No. 1
Corn—West, mixed

to

:

:

x o> x r

X M M to

;

;

.

.

:

:

.

•

Western white...
Western Yellow

m

•

•

M

x.

•

.

O' M

m;
.

.

S

M

:
•

CO

y>

b
a

toe

X.

.

to to

•

tr

-

O CO M to

h—*

j

00 **t M

{

to -1 to to
to*-oc
to X o —

.

.

■

■

*--

!

•

..

O':

:

:

m •

•

•

CO.

)

1

10

.

M

.

•

C. to

:

•

•

tO,
OI.

.

,

:

•

o>
>—

CO CO CO c

■Xooc to

8,3047 49,175 ,6 035 ,983

to
.

•

•

.
.

M

J

Xtoo-M OCC

tv.

—

•

*.

m

x:

CMtCOOO
OOlOOOC

.

i-*

C,i.

o< to X

■

J

O to to

CO

oc O' i— r.

to

•

cc
tOOtviw
m o ci x
—

M M

•

•

CO C

:

:

.

.

x tvj;
coo.

X-4 or. MO to l_3C
c*c Co c* ^ c

a

X «—1 M X -1 x

0*

t

.

to

O' M

M O'
O -1 to :
CC oc

—

o

r- 1—

O'

O'.

*

Cl -4 — M
O'»— to X

io

e x..

bj

00 O' O' CC

— M tO
<r> x cc 0 cc -j

•

vlttO*.

:

:

:

;

:

ot;

;

.

.

•

.

:

mmc

x;

c oc to to

:

*

5.

to to M0c

x.

mcicc:

•

o COCO^I
cc c. cc cc

o:
m co
CO X M O' c to

;

cc

1883

It*

O -- Oi •
o’ c; m ;

:
•

(V

<Jf >

c CO CO M O'
cor. c-! to to
o: m — to -j c

f

X CO CO CO

to
•

;

C. m

•

p

m-*
^
CiQi
O >-i -no co x
*.J M M to-1 CO

cox to;

;

XX—*']
-s] M X tc

co ::*-!•
o'i co m :

-1

CO— M.

-1 C 0. X to O'

—

a

•

toco
O x K; to
O' c. c —

*

c wxc

.
•

v

•

c

M

Mj
c

-*1 C'C O Cl *~* to
Cl XCOO'XM
C x co oo —1 *-

cto. —;

:

CO

•

!

x

:

m x i—:

•

X

•

C:

^
* c*:
O' X X ^1

co x to
—•

M

rv

t— M

:

co:

ccxm

•

H~

ox to CO

c.".

■

:

:

m

:

<j

:

to

•

to

•

M

—

:

:

M ’

to m

:

.

.

h-^..

00 — c:
*iec.

co

Cb

ic

r-

M OO'OCiM
co to x c. O' C

c<j|

CO
M

•

-4.

.

CO

•

co:

:

ci <i to;

•

c ■

•

;

:

xoo:

.

to to-I.

c-

—

If*

to

C.

io XX

CO too

M

O' X M C

;

.

m

;. m

;

m

X CC O'

:

•

•

b

to-

;

b
0

;

.b

x

o« tr..

0;

.

M M

O' O'

0

•

Co*

| c*
.

M

C to

—

CO

If-

CO CO — M to M
"O H * <1 to CO *-■

M
m

.
.

'jc *10

1 5

c:

m, x

•

o>

—

■

cop:.

c.

rtd-C

a^iCIX OiCDr“4i;04,
o ~ vicooii*^ oi c m
M M 'X »4
tC 00 CO C.T-* X
‘4 ^ Ot CO CS M X *4 ta O O

to

to

e.<i

x

XXO M
to to to X
O'

::::::

03
co

1 to X

•'••••

tox MX
tO M M X

O'*

::::::

o-t:::

'

......

M...

to
'1
e

Value .$
Indian corn meal—
Barrels
Value .$
Oats— Bushels
Value
.$
Oatmeal-

«
to
M

408,503
308,138

.

.

i

u 1

.

Bushels..
Value
.$
Wheat Bushels
Value
$
Wheat HourBarrels
Value
.$
Total values—

k

r

t

.

Feb.,’84.$
Feb., ’83.$

82months—
1884...$ 501,380
„

90
42

3,407,635
10.506,316

462,302

593,234

31.499,378

27,073.884

5.549,673
1,356,875
536,572

21,477,071
lake and rive

shipments from Western

bbls.

183,109

1681.
Week
Melt. 19.

152,‘.21

145,055

113,154

bush.

409.2CG
1.875,890

300,896

370,256

367,920

596,393

1,533,490
1,015,623

1,019,779

1,025.608

111,068
46,754

315,858
29,319

553,989
85,489

409,280
70,207

3,039.971

3,231,191

shipments * from
Wheat,

same

Corn,

bush.

290.489
203,042

289,657

2.101,333
1,G02,434
1,485,611
1,477,585

40,739

76,337

2,079,312

2,549.452

ports for last four

Oats,

bush.

409,206

bush.

727,503
63^,957
822.402

829,685

Barley,

bush.
111,068
130.077
91,757
99,864

Rye,
bush.

40,754
30.009
31,831
52,751

1,259,054 C.729,993 3,018,517
433,366 101,345
1,750,905 8.096,812 3,790,239 1,280,743 200,117
The receipts of flour and
grain at the seaboard ports for the
week ended Mar. 15 follow:
Flour,
Wheat,
Com,
Oats,
Barley,
Rye,
A t—

4w’ks’83. 719,955

bbls.

bush.

bush.

89,474

bush.

110,625
1,009

bush.

bush.

576,708

173,180
103,525

71,675
14,450

42,553

49.108
2,733
10.916
18.417
25.721

9,629

Total week... 200.058
Cor. week '83.. 291,200

771,200
18,990

.

137,300
108,427

15,250
4 9,500
178,030
■*

57,500
200,205
12,309

354,405 1,158.500
1,130,533 2,192,130

°,780
6,550

46,750
19,044

2,150
34,200
8,000

9,605
362.034

662,065 I

22,982

The total receipts at the same
ports for the period from
Dec. 24, 1883, to Mar. 15,
1834, compare as follows for four

years:

2

105.318

Flour

101,100
875

4,SI2
11,907
11,313

10,058
o3,bo0
380.784

45,100

41,744 1,307,228
1883...$ 210,510
50.532
132,000
t Not stated previous to July
l, 1883.




3,951,0 tl
14.771.713
6,453.072
1,301,22 i

Tot.,4 w. 638,254

Philadelphia...

.

.

4,777,705

19,776,709
8.378,095
3,101,327

1832.
Week
Mch. 13.

bbls.
222,496
Mch. 8. 120,099
Mch.
1. 131,3 LI
Feb. 23. 158.388

Baltimore
New Orleans...

.

•

5.954.8S0
3.368,455
3,258,423

1883.
Week
Mch. 17.

Flour,

Portland
Montreal

7,113

Bye-

39,936

1880-81.

were:

New York
Boston

2,050

Pounds
Value. .$

56.173
115,859

Week.
Mch. 15.

Mch. 15.

..

Bushels

week8

ending—

*
Included in the
foregoing totals are the reports from Milwaukee
New Haven, Portland and
Falmouth, Richmond, Willamette and York
town, the details for February, 1884,
being as follows:
Mil wciuXcw
PortRichWillaYork
kee.
Haven.
Barleyland,(£c.
nwnd.
viette.
town.
Bushels
Value
.$
Indian com—

!

30,010,0 43

The rail and lake
Week

.

*

230,931
45c,323
109,532

1,762,369

510,129

Total

XXO Mi
XMM<|!

tCMXMXCO*-

C0 M w Ca Ct X
OTXU
CJ' w CO 'J V1 X O 00 CJ* X ' J

908,741
1,242,130
597,905

1881-82.

1,507.690
,

Barley
Rye

to

M

bio COCO
to

Rye.

1,707,327

cOX O’

t-1

®

1882-83.

3,626.800

Oats

w

*

2>

2,310, L2rJ

17,100,072
7,220.561

Cats

Wheat.,
Corn...,
a-

o'
to

^M

Wheat......bush.
Oera....,

Floor

M

-c!

*

1,921,359

Below are the rail
ports for four years:

CO

0*0

Barley.

5S, 102,834 80,292 912 41,797,531 14.691,505
01.919.298 53,747.832 34,104.355 12,929.323
32.500,953 78,542,199 23,920.530 10,470,530

1883-84.
....bbls.

Total grain

tipwapn-Ki ?

10 22 CO <| to tO O tO <J CO

to

310,020

Cc

0-1

*

s_

80

Oats.

2.982,430
3,202 391
814,785

1884.

p xj- pn Hpo-pap, *
rC CO bblu
c*. xTob | x

-X*

148,191

C5>

i'wHuwc:cdcj*r. to
o» O x x cr. x x x x1 to

•

941.154

..

Of

*—

....

Buckwheat

Corn.

673.801

,

X

.....

64

151.745

to to to X to X’!
X

i o ot •

63
62:
70
65
60

179.033

5,500,917

Barley
Rye....

s*
cV1

M -4 O' O to to

40^®

No. 2 white

Bariev—No. 1 Canada. ....®
No. 2 Canada
82 ®
State, two-rowed
State, six-rowed ..I. 0 ®

•

Cc

b

CtOX'lO.

®

®
42 io ®

...I

The comparative shipments of flour and
grain from the
same ports from Dec.
24, 18S3, to Mar. 15, 1884, inclusive, for
four years, show as follows:
Flour..

'b

O
m

1SS1

3

5

x1

M M

X
X
M

•

O'.

O

•

X tO —4
C. X M CC

o

M

m

.

•
>-* •

r/r

CC

•

:

.

•
•

•

ob cm

c co m co tr. -j

M

•

:

;
•

o

■Sfi

•

•

•

®

39

1

ocnoc
to to X CO

.

•

•

— -4 —

1—i

COM CO M

m-

a

O*

M X

X to to O'
to Cl O’ X

-

coco
x w o* co

•—

O

‘4

White
No. 2 mixed

Wheat.

0,030.712
0.021,9 33

1882

b
c.

Oats—Mixed

SinceAug.l—

O M c 10

Cl O'

if.CC.

Flour.

Tot. wk. ’84
Same wk. ’83
Same wk. ’82

0

-l

mci

:

•

•

70

State & Canada..... 76

•

Bbls.lWlb? Bush.GOlbs Bush.Sftlbs Bush.32 lbs
Bush.48lbs Bush.50 lit
40.434
Chicago
114,500
1,298,150
431,312
100,778
24,465
Milwaukee..
07,750
137,047
25.590
54,900
80,150
4,058
Toledo
1,234
78,333
301.070
10,050
10.200
Detroit
1,182
107,184
55.874
13,013
10.3-5
Cleveland.
1,420
18,019
7,700
11,111
785
St. Louis
32,945
144,700
992.000
230,104
53,833
12,650
Peoria
775
23,310
302,000
158,155
7.S00
15,0:0
Duluth
21.515

CO CO CO C.

<1 CO c tc
N, CSlv M

•

04
10
14
10

—

If-

CO to ro

•

..

3

0

M

CO to O' CC
C <1 'If

x_o«

co

.

0

b

CC M M to -•)
OO — M X C
m — cr to -1 cc

M

—

—

CO O.
•*- CO —
co to to o -. M
-vj o to c.' O' M

C 0; X •
C X M !

,

Cl to

tO CC

i-1

co 0 co;

•

-4 -1 Cl

M

o*
co
m
w m
t: to-j r. r

•

•

M^iOCMO

CO MX'
tv w* p-*.
to CO M .

,

M -1

M

M ic
tC -Ito-l

CO X U'- ’

•

C CO COM

0'*M^1

V
Ci

If-

Ci

r-

,.4

2c

COOi
co

—

O O' CC M

c

XXCiM

M cc

O"-* 10 M —
-4 X to M 10

•

Io*mVc:

1

CC M
M
X CO CO O'

-1
.

lfe(

—

bj

M

.

The movement of breadstutls to market is
indicated ia the
statements below, prepared by us from the
figures of the New
York Produce Exchange. We first
give the receipts at Western
Lake aud River ports, arranged so as to
present the compara¬
tive movement for the week ending Mar. 15 aud since
Aug. 1
for each of the last three years:
Receipts at—

CO
M--01CC

100 lbs

.300® 3 30
3 35® 3
50
59
3 25® 3
50

'

.

M

M

1 08
50 ®
61 ^ 2
05
®
61
®
56
®
00 ®

White Southern..

X -J — -O

Western, &o
Brandywine. <fco
Buckwheat flour,

Rye—Western

.®.

®1
® 1
® 1
®1
®.

87
95

Yellow Southern.
b:

mm

1 08

West. mix. No. 2.

i

i lobtooc
i

•

1 C3

Red winter* No. 2
Red winter

1

tcco

75

Corn meal—

6 2o
0 85 |
5 50® 0 85 i

cc

a

30 C- tO CC

40®

City shipping extras$5
Southern bakers' and 10® 5 35
family brands
4 75® 6
75
Soutli’n Bkip’g extras 3
65 ® 5
75
Rye flour, superflne ..310®
3

4 00®
5 50 ®

Spring, per bush.
Spring No. 2

MM

XX
XX

2 50
3 00
3 30
4 75
5 75
3 00

40®
SO®
50®
00®

Wheat-

a

c:

:

GRAIN.

2

ob ;

j

2
2
3
4
3

0

p;

:

I

•

to;

x

1

■

bbl. $2 25®

Patents, spring
Patents, winter

b

o o

OP"

No. 2 spring...$
No. 2 winter

straight

c

^

closing quotations

are

xxxyin.

FLOUR.

o —1C hC

.

I

•

xx
o; M

O

*-:

,

:

XX

~

2
2

o

•

following

Minn, clear and stra’fc
Winter ehipp’g extras.
Winter
clear
and

“ 5?

L2" O ^

m

1—M

M—•

—

“

r

^

7T ZT

The

i^ol.

10,959
101,473
101,473
108,579
822,205

830,238

33,310
110.319

211,425
511.320

3,827

22,500
22,500

00,000

3,411,944 OSS,108
3,181,139 800,734

Wheat
Corn....

bbls.
bush.-

Oats

Barley
Rye.....
Total grain....

gg3_Q j.

1832-33.

2,507,575

1831-82.

3,447,314

1880-31.

2,581,463

2,843,122

3,755.852
11,097,557
3,933,754

11,578,213
21,118,675
4,806,696

6.462,835
8,550,902

10,391,957

4,005.633

4,722,370
1,183.394

1,678,033
458,908

1,115,593
225,014

1.319,777
122,310

15,674.531

383,810

20,930,101
39,264,856
21,151,507
32,358,062
The exports from the several seaboard
ports for week ending
Mar. 15, 1884, are shown iu the annexed statement:

r

Exports

Wheat.

Flour.

-

from—

Boston.-

918

2,250
13

524,704

929,261

4.053

80.651

23,177

171.495 1,119 523 2,220.739

2,527

27.688

3.871

143,063

-

The aesuuawv**

period of last year for comparison:

corresponding
Exports

1883.
TF^A'.
Mar. 17.

1884.
Week.

for week

15.

Mar.

m.King-

3,634
lOe 23
20.79 1

iontin’nt
.& C.Am
V. Indie?
tilt. Col’?

Total...

.

•

1884.

1883.
Week,
Mar. 17.

Bush.

Week,
Mar. 15.

313,587
205,742

8.018

375

37o

16.514

5,000

2,000

2 827

148 06 s

117,495

1883.
Week.
Mar. 17.

Bush.
Bush.
702.075 1,763,497
435,787
160,014
8.642
59,409

Bush.
749.703

83.610
4,650

5/471
690

ith.c’ntv

1884.
Week.
Mar. 15.

Bbls.

Bb/s.

106,856

Corn.

Wheat.

Flour.

to-

1,917

261,303
53,640

418

-

Bush.

80,651

21,260

-

time

Bush.

24.000

Total w’k.
1883.

Peas.

107,467

i ,364
12,178

Philadel..
Baltici’re

B'me

Rye.

1350,427

i!,‘233

portlaudMontreal.
N.Orl’ns

393,237

81.339
50,03l>

JBush.
2,590
200

Bush.
330,503
82,470

Bush.

Bbls.

Oats.

Corn.

367,415

1,786

6,622

11,7,53

200
911

1.0S0

929.261 2.220,739

524,704 1.119.523

revious totals

we

By adding this week’s movement to oar p
September 1, this
have the following statement ot* exporter since

1882-S3.

1883-84.

1S82-SS.

1883-84.

Sept. 1 to

Sept. 1 to

Slept. 1 to

Sept. 1 to

Sept.. 1 to

Sept. 1 V

Mar. 15.

Mar. 17.

Mar. 15.

Mar. 17.

Mar. 15.

Mar. 17

Bush.

14.S37.32S
9,631,221

20,257,176

14,805.801
2,22 .',478

411,5 2
532,422

l,20t»

8J.1 iS

16,411,455
5,082.9 IS
1,109.7. .2

31,078

44,5ilK

245.881

Kingdom

230.831

Oth.

371.102

321 317

8 010

7-,8'.0

98.510

25,983

17,507

203,410

112,839

4.405/ 84

5.6-2739

2 4.530.010

47,235 7 6

28,65 -.931

17.612.513

The visible sapply ot gram, comprising
at the principal points of accamniatioa

oeks in gratia y

at b»i £>*

transit by rail and water, Mar.

ports, and in
follows:

FT/i e at,
bu xh.
u. .632 .178
10:: ,0:0
[4 0 0
<c 4*1 ,2 7
12 ,7<j - ,161
111 .2 5

In store at—

r>

New York
Do atloat (est

Albany
Buffalo

Chicago
Do afloat.
Milwaukee.
Duluth

,

3

,

T •

> «.■
,-

t o

and seaboaru

15, 1834, was a

Corn,

Oats,

Earley,

bush.

bush.

bush.

1,454,010 1.,889, L16
18,5 0
28.500

53.000

17,000
13 s,603

202

6,462.255 11,609 92 •>
9 77.635

101.765

17,234

3,152

1,596.713

44,703

149.522
128.000
2.770 894

1?7G
ft Ct

‘-h“

«•

•

•

i

132 ,000
1 ,0Dl ,200
122 ,S 16

,

,

■

Boston
Toronto

.

169 257
£42 .802
559 6S5
7 ,-16
11. ,6 6)

Montreal

Philadelphia...
Peoria

^

Indianapolis....
Kansas City....

9

m

383 ,488

-

627, 691

Baltimore
4.

393 .265

..

Tot. Mch. 17, '83

.

.

2 75,253
105 000

70.604

Su.iiOO
172.835

16-3.AJ

50,0
8,717

252,5l7 1 ,740.520

625,548

23,143

32 931

10 173

323
88.

178.127

162,475
15. <95

65,024

,534
2 ,520 .123
7 -2 .289

Toledo
Detroit.
Oswego (est.)..
Bt. Louis
Cincinnati .(Stlp
•

170.3:5

19,073

471,011
341.898

...

20,034.008

257,770
68,800
85,274

countr’e

Total.

BUr-ih.

Bbls.

Continent...
8.4C. Am...
West Indies.
Brit. Col’nies

Bush.

Bush.

4.020.503
871,032

Bbls.

2.969.039

Un.

1882-83.

ISP 3-84.

Extorts since

Sept. 1, to—

Corn.

Wheat.

Flour.

5,000

31,671

40,413

35,965

12..KM

244,516

99,157

26.1 ;2
162,023

61 i
129
31.948

m

1 52

14,476
104.542
196 262
30 O00

286.0-13
373,830
288.4 .3
1,8 75,890

m

»

15,122

including 7,779 packages to China, 341 to Santo
Domingo, 314 to U. S. of Colombia, 217 to Venezuela, 19G to
Great Britain, 75 to Newfoundland, &c.
There was a contin¬
uation of the light and unsatisfactory demand for cotton
goods lately reported by manufacturers’ agents, and the job¬
bing trade was somewhat disappointing. Brown sheetings
were slow of sale, but the advance in cotton has strengthened
prices in first hands, and Peppereli fine brown sheetings were
advanced }£c. per yard by agents. Bleached goods, and most
kinds of colored cottons, ruled quiet, but a fair business was
done in wide sheetings and corset jeans at steady prices.
Print cloths were in fair demand and dearer (in sympathy
with cotton), closing at 3 7-16c. for G4x64s and 3c. bid for 56x
GOs. Prints were in light and irregular demand by wholesale
buyers, but a fair distribution of both prints and ginghams
was made by jobbers, and wide printed cottons, lawns and
piques were in fair request.
from this port,

Goods.—The demand for men’s-wear
woolens has not realized the expectations of holders. There
was a fair business in strictly desirable styles of all-wool and
cotton-warp cassimeres, but indifferent makes were almost
neglected. Worsted coatings and suitings were taken in
moderate quantities to a fair aggregate amount, as were
choice makes of overcoatings ; but there was less spirit in the
demand by clothiers than is usually seen at this stage of the
season.
Stocks of the above goods are not excessive, and the
best makes are steadily held at opening quotations.
Satinets
(though in fair demand) were less active than of late, and a
limited business in Kentucky jeans was reported by agents.
Domestic Woolen

Cloakings were fairly active in some quarters (owing to excep¬
tionally low prices), but the general demand was moderate,
and there was only a limited call for ladies cloths, Jersey
cloths and stockinettes, while all wool and worsted dress
fabrics were in fair request, as were shawls and carpets.
Foreign Dry Goods have ruled quiet in importers’hands,
only moderate sales were effected by jobbers. Fancy sum¬
silks and fine black and colored silks were in fair request,
as were a few specialties in fancy dress goods : but low-grade
silks and staple dress fabrics were lightly dealt in.
White
goods, lacss and embroideries met with considerable attention,
but linen goods were slow of sale, as were most kinds of men’s,
and

mer

Impori^Uoas of Dry Goods.

importations of dry goods at this port for the week
ending March 20, 1884, and since January 1, and the same facts
for the corresponding periods of 1883, are as follows:
The

3

66.66118 Oi.o

38,283

9,175

7^89

4.101

131.110

590,393

111.063

46 754

2,039.679 2 ,191,202
2:.lt 0,9 2 2 2 2,612
1 .-91.011 i 871. 42
1 ,6-<2,10*.J 1 .0 73 752
6-6,OJ 1
c1,321,261

GOODS

TRADE.

in the
buyers
continued to operate lightly, and in accordance with positive
wants, and a comparatively small business was consequently
done by domestic commission houses and importers. There
was at times a moderately good trade in jobbing circles, but
intervals that

a

capricious, and there were so many quiet
much smaller aggregate distribution of season¬

was "made by jobbers than lias usually been
at the corresponding period in former years.
It

the
case
has
become apparent that the outlook for a really good spring
trade is not encouraging among distributers and they are
therefore making their early purchases with unusual caution,
but it is by no means improbable that the situation will change
able

j-b

C

(t

•

goods

Z W

i

rt-

2.§wS5a

~

c

®

•

.

3

i

*3<53^3

®

pi
• •

e. ;
P

o

»

»

—

.

(5

:

■

,

p

•

•

•

QD •

|

J

•

*

;

J

:

e+
c

•
•

,

:

•

g; : : : ®

®
U

•

.

•

•

o

•

•

•

•

Mi

.

•

;
w-1

•

M

;

Ci w

to.-1

j

!

w !

to I

i

•

1

1

to

w
!

M C CO
W2- tC

•••••!

»

•••••!

cr> i

* u~4

-4 •'
W

Ki rf*- Cl

-I

to

CX
vo~

qoo

M

to

Ci

,,cp
tob

-2- Ci

Ci x x

lv

■

1

•

•

p\ s
; £
•
d

.

®:

o

.

lg
1 o

-lb CD 00 00

jto

COCO

i'x

M W >D. v> w
-I X —1 to Ci

M W VO —
-

iO
Cl

i

rvr

•

-irJ

,

i

:

m — m m to
to - v >o —

bo ‘

! x—w

m

o -1

|

w

M

-4 -1

to - I

w ~ m r. '©
! CD to M M 03

cx cn

! io

; m *-*
,

O'

loti to--:,

M tO M tO

a oo
-i o

7! -i

b

i
10

*

!
O!
-i

w

p W-p -4

tO*o-1:o‘-J

-I Ci
wo:
MM

to
JCD «•: Ot < to
-

) lU

>

I

c: i ci

OC

00

■r: -1
.01 co

!

b>

i. Ci 00

<1-1

Cl Ci 00 X -4

U to

Ci m O'

oc c

w

-ic

x

co c

—

c -i

♦

-

«

»

—

-J

W -1 -4 — —
— Cl — IO-1

ro

O Cl

—

O CI

P

W -1 ->

-1

X X — -1

w

CX wi VO —4 CO
Cl c« m W CI
OC CD <1-1-4

cx-coi^w

to

Value.

-1

-

►-3:
XC
CD-<j
W

s

pw

ra

Cb

a*
•o
-

to

CiO

C3

1

M

top to

to
c CO

w
Cl

o w

j C»

M

I

—

co

I

C<
I
CO I V

c CD

p i <1J0
00

OO o

,

to i

GO

I

Cl

—

C- C

C C

! m

c
~

* 'X

w 05
x, x -i

--

j

CO
—

to ^ Cl
- J CO CO

I WOW

—

—1

to
Cl
co

to
co

-1
Ci

k
.

C5 1

-!>-•;

; y-oo
! 1: c:
I

MH!‘.

'■

| C-M
j
>iCO Ci I
xl c x I

neci"'

Cl !

CD <1

I

OiH

-

i

co to to <J»
C '!• "O CO c»

Ci

i—x to wo

Cl -l Cl to CD

o

<J

rJ j

I

j 0-0

i cr ci

Cl

to to

—'

Cl Cl

O'

I

t

*—

co

|U«M

Cip
-

QO

cx xcoxto

-l 00

i

-

|

rf^COOOiCO

MU

IO.

b

ooGoie.

— !-*

—4

W *o O W -4

M

ppM MtO-56

s
I-Su
CDS'

Cito ococo
to 01 T. M X
w on ci Ci o

10

IO

to CD

w

00 Cl M GC iO

xp

-1

-JMWW W

to WClM w

Ju

o

to M M to —

ct

Cl

OC iO M O

Grh-

ie b o k h1

•X

-1

consumption should start up briskly. Values are without
material change, but a steady advance in cotton has imparted
more firmness to some kinds of manufactured goods in first
hands, and a few descriptions have slightly appreciated.
Domestic Cotton Goods.—The export movement in cotton
goods was unusually large, 9,243 packages having been shipped

woo
ccoo

Cl *-* —*

CO to I
ci ci ,

to x

w-l

SO

It^-1—
-11—

Cl co 00 Cl w
k. ci c;
t-1
ci cix c
•JC-COCi-t
W
^0

(J - I G I1C O
w

I
.

)—

GO
Cl

W <J
0-4 tC OO

to
Ci <1

M tO M tO

I

I

1

CC Ot 1

cdcooiO

•

Ciw

w -j t:

i

10*^ •
W Ol

w ci

CoCOC.g

<j!groIfc.CO

—*

Ol

-•

-1 Ci

<-*

I-1

K--

0^3

M to

Ci

to

w

Cl Cl o

W Ci W

h- >-*

CX

to -J to W Cl

CD OO

w

00
o«.

*-|

;

I

CO

M

.

wOOiOX
0-1 w — w

Ci I-1 to Oi

|CJ0_
toht-1 I
V. i to o I
^

C-OO'l
KOr«H

CO

O
W Cl VO
O Ci W *-* —4 -ifc
w m i—* co ci

M^tocooi

CO

I-

|, <i_wcimoq

C’ *—4 !
<t O I

Cl

10X10

-1

o

a ci

to W -4 -4 Cl

y to to to
tO

!

P ; - gCD

,

i

c c
i—* ci

-t- i© Cl

pi t—• - 1 j iCpjO ; ip

Cl

I

a w w

bb I o-'ibb
to

to

a> W




?i--V

to Ml-* to ►“*

-

c. cc*a xto.

-a c

?o

Cl Ci-CO — X<Vr

top Cl

-1 CD

; Fh
I

CJI

•J O H

demand for

for the better within the next few weeks, if the

Jo

tO>.
ci

M., March 21,1884

ilie past week has developed very little change
general condition of the dry goods trade. Wholesale

was

a

&

34,099

125,451
-

Friday. P

the weather

IP
& p*

-“3

to

DRV

y
r-»

77 239

39, ,228,,660 1L6,9S0,S09 4L.9 13,518
39, 5 13, 833 1.4.247,• 95 5 .11 ?, 499
28. *<>•> 929 l 4 921 8-9 4 :.571.22 L
13. 4 15 3 24 1.3 8 12.896 1 .99- .384
: L5,103,306 3,510,541
-WJ,947, ,003

THE

woolens.

wear

1

22,1884. ]

jfABCH

367

CHRONICLE.

THE

DC ^ O
*- C O

lR

b O hi w

to o w o -i
o

ci oi c m to

to
Cl

to M®

w

ci
to
w

l-l

-

&
s

Cip
M<1wiuto

•IWiI'XH*
to x — a w
Ci tO -4 Cl
CO >*-+■ Cj o o
—

r-*

jo —1

O

368

■mi

jjw

ffiuaucial ©ompatries.

.

'■

•;

THE CHRONICLE.

'2?i !;•

■

BROADWAY, NEW YORK. '
Banks, Railroads and Express Compa¬
Managers, Secretaries, and Clerks of Public Com¬
panies, Institutions and Commercial
Arms, can obtain
BONES OF SURETYSHIP
from tnis Comnanv at moderate
charges.
The bonds of this
Company are accepted
courts of the State of New
York.

CASUALTY

•totally
disabling injuries.
Full

Wm. M. Richards.

Mutual Insurance
NEW YORK,

BUSINESS.

Company, submit

Managing Director: Edward Rawlings.
OFFICE:

BROADWAY.

TOMPKINS, Secretary.
New York Directors—
Joseph W. Drexel, A. L
Hopkins. II. Victor Newcomb, John Paton, Daniel
ftrrrHnce. Edw. F. Winslow. Erastus Wiman.

period

The

OF

(ORGANIZED

NEW
IN

YORK,

1850 )

261, 262 & 263 Broadway, New York.

belong to the policy-holders

ex¬

clusively.
All

Policies henceforth issued are incontestable
for any cause after three years.
Death Claims paid at once as soon as

proofs

satisfactory

are received at the Home Office.

Absolute

ality,

security, combined with the largest

assures the

popularity and

success

liber¬
of this Co.

All forms of Tontine Policies issued.

Comparison

op

Business

for Two

1882.

New Insurance Written....$2 Soo.ooo
in force.
io.?9o,uoo
Assets
5,116.814
Payments to policy-holders
<159,079

Insurance

Increase in
GOOD

new

Years.

1883.
oo $5,281,000 oo
00 I8,soo,0oo 00
40
5,208,212 48

46

475,923 98

business written in 1883 over
87 per cent.

1882,

AGENTS, desiring

to represent the Com¬
invited to address .1. 8.
GAFFNEY,
Superintendent of Agencies, at Home Office.
pany.

$4,168,953 10
1,539,232 53

$5,708,185 63

are

*.

ljv

F. S.
*:

at

Rates Lower than other

Companies.

ORGANIZED APRIL 14, 1842.

irtXRINE

$101,148,248 25

AND INLAND INSURANCE

COMMERCIAL
INSURANCE
57

H

.t

i^a r ■»

& 59 WILLIAM

MUTUAL

COMPANY,

STREET, NEW YORK.

ASS E T S •
United States Securities
$314,105 00
Bank Stocks of New York City Banks—
110,420 80
City and other Stocks and Bonds, Loans
and Cash in Banks
235,007
15
Premium Notes, Cash Premiums, Rein¬
surance and other Claims
73,558 05
Total Assets,

January 1, 1884

$739,091 00

W. IRVING COMES, President.

Henry D. King, Sec. Wainwright Hardie
v.-P.
This Company Issues Certificates of
Insurance,
losses payable in LONDON, at its
Bankers, Messrs.
BROWN, SHIPLEY & CO.




6c

on

the outstand¬

certificates of profits will be paid to the hold¬
thereof, or their legal representatives, on
of

February next.
CERTIFICATES of

the issue of 1379 “vr 11 be redeemed
and paid to
tbe holders thereof, or their

tives,

on

and after

legal represent

Tuesday, the

declared

on

BAGS, “AWNING STRIPES.

OF FORTY

PER

CENT

1883, for which certificates

will
of

Tuesday, the Sixth

successors to

E. K.

be

issued

7

MIDGE, SAWYER

43 & 45 White

"j:

& CO.,
15 Crauncey Strike

Street,

NEW YORK.

BOSTON.
AGENTS FOR

Ocean Mills

Co,', Atlantic Cotton Mill*,
Peabody Mills*,
Clileopee Mfg. Co.,
ilerlon New Mills,
White Mfg. Co,’*
Saratoga Victory Mifc. Co.,

3
Hosiery and Yarn Mill*.

Bliss, Fa by an 6c
New York, Boston,

L

December,

?

•

supply, all Widths and Colors, always In Btock
No. 109 Dunne Street.

Joy, Lincoln & Motleyf

a¬

the net earned premiums
of the
the year ending 31st

Company, for
and after

V,

UNITED STATES BUNTING CO.
A full

Fifth of Feb¬

ruary next, from which datenll interest
thereon
will cease. The eertilicatcs to
be produced at
the time of payment and canceled.
A DIVIDEND

■

CANVAS,
FELTING
DUCK, CAB
COVERING, BAGGING, RAVENS DUCK,SAIL
TWINES, &C., “ONTARIO” SEAMLESS
V

$12,97 .312 47

OUTSTANDING

:

Also, Agents

1,538, @6 79
335,710 68

Tuesday, the Fifth

Co.,

And all kinds of

Co.,

Philadelphia,

SELLING AGENTS FOR LEADING
BRANDS.
& BLEACHED SHIRTINGS

•CROWN

AND

ou

May next.

SHEETINGS,

PRINTS, DENIMS, TICKS, DUCKS, &c.

Towels, QuHts,Wliite Goods A. Hosierj
I)"ills, Sheetings,

CHAPMAN, Secretary.

LIFE

LIFE& END 0 WHEN T P OLICIES

-

Brinckerhoft, Turner

425,(00 00

-

BIX PER CENT INTEREST

THE

BUDD,

Broadway & 24tli Street, New Yorki

Rc-

Amount

o:c.,

for Export Trade.

-

GARPET8,
OIL

TRUSTEES.

WINSTON, President.

-

SAMUEL,

1,956, 00 00

Cash in Bank

and after

perfect fit.

a

COTTON

..

Premium Notes and Bills
ceivaole

ers

Dre

appear!
We gnat!

workmanship.

antee in all cases

$3,666. 95 00

by Stocks and

otherwise

ing

wa£

COTTON SAILDUCK

Stock, City, Bank and

Company, estimated

our

unequaled for style,

and'

ance

Company lias the following Assets, viz.:

JT. H.

ISSUES EVERT DESCRIPTION OF

Assets,

are

that

Manufacturers and Dealers in

INSURANCE CO. OF NEW YORK.
4

Shirts

assertion

$850,080 76

Real Estate and Claims due the

THE

•

the

$1,901,042 38

By order of the Board,

MUTUAL

rants

same

Burford, Actuary.

By an act of the Legislature of this State this Com¬
pany’s charter was so amended in 1882 that hereafter

Twenty Years’ experience

De¬

other Stocks

BllOSNAN, President.
C. P. Fraleigu, Sec’y. A.
Wheelwright, Ass’t Sec

all the profits shall

during the

Loans secured

II.

Geo. IT.

our

Marine Risks from

United States and State of New

The United States Life
Insurance Co.

SAMUEL BUDD.
Fine Custom Shirts
Specialty.
Over

k

Returns of Premiums and Ex¬

York

CITY

of

December, 1883:

penses

Insurance.

T.

Chicago Board of Trade, for cash
nriwLl
delivery, a specialty.
orrut»*
Special information, indicating
course of marwU
freely furnished upon request.

following Statement

January, 1883, to 31st

Losses paid

■52

PROVISIONS,

on the

Co.,

Premiums marked off from 1st
January, 18S3, to 31st Decem¬
ber, 1893
$4,260,423 93

D. ,T.

THE

the

Premiums on Policies not marked
off 1st January, 1883

5300,000
400,000
214,000

YORK

on

AYD

January 24. 1884.

Total Marine Premiums

Deposit wit h Insurance Department
President:
Vice-President:
8tn. Alex. T. Calt.
IIon. jas. Ferrief.

IN

GRAIN

Trustees, in conformity to the Charter

cember, 1983

Cash Capital
Gash Assets

17 8

the

1st

NORTH AMERICA.

NEW

The

Premiums

The Guarantee Co.

No.

THE PURCHASE AND
SALE OF

of its affairs on the 31st

^uretyshi}3.

>*/.

CHICAGO.

DIRECTORS:

OTHER

OF

ATLANTIC

A. S.

roe,

MERCHANT^

125 La Salle
Street,
(ADJOINING CHAMBER OF
CO

.

NO

COMMISSION

I>aviu Dows,

W. G. Low,
Barnes,
Charles Dennie,
li. A. Hurlbu*,
Alex. Mitchell,
,1. D Yermilye.
S. B. Chittenden

CoJ

&

(Established 1865.)

or

information as to details, rates. &c., can
be
obtained at head office, or of
Company’s Agents.
Wii. M. Rja'Bahds, Presv. .John
ax. tKANi, oec’y.
Rob’t .1. Hillas, Ass’t
Secretary.

FSotxl:*? oi

Everingham

DEPARTMENT.

Policies issued against accidents
causing death

Geo. T. Hope,
G. G. Williams,
J.S.T. Stranahan,
A. jb. Hun,
ueo. r\

L.

OFFICE OF THE

by

W

©oramcrcial Cards.

FIDELITY & CASUALTY
CO.,
No. 179

Officials of

-

[VOL.

%u&uxmxtz.

nies.

rt

J. D.

Jones,

Horace

Charles Dennis,
W. H. H. Moore,

Gray,

Edmund W. Corlies,

Adolph Lemoyne,

Charles H. Russell,
James Low,

Robt. B. Minturn,

David Lane,
Gordon W. Burnham,

John

A. A.

Charles D. Leverieli,
William Bryce,
William H. Fogg,
Thomas B. Coddiugton,
Horace K. Thurber,

Raven,

Wm.

Sturgis,
Benjamin H. Field,
Josiah O. Low,
William E. Dodge,

Royal Phelps,
C. A. Hand,
John D. Hewlett,
William H.

Webb,

JOHN D.

A. A.

TIIEO. W. BAILEY & CO.,
& 273 Canal
Street, New York.

271

Near Broadway (through to 31 Howard St.)

ESTABLISHED

Elliott,

James G. De Forest,

Degroot,
John L. Riker,
N. Denton Smith,
George Bliss,
William H. Macy.

JONES, President,

CHARLES DENNIS, Vice-President.
W. H. H.

Desired.

Charles H. Marshall,

William

Charles P. Burdett,

CLOTHS, MATTINGS, LINOLEUM, ETC.
Office and Skip
Furnishing Specially

MOORE, 2d Vice-President.

RAVEN, 3d Vice-President.

EUGENE R.

Sears

1855.

COLE, Successor to

&

Cole,

STATIONER AND PRINTER,

Supplies Banks, Bankers, Stock Brokers and Cor¬
porations with complete outfits of Account Books

and

Stationery.

C3T" New
ders

concerns organizing will have their
promptly executed.

So. 1

WILLIAM

(HANOVER

or¬

STREET,

SQUARE.)

JOSEPH Cl LLOTTS
STEEL PENS

j SoloByALL DEALERSThfwughoutTheWORLO1
Isold MEDAL PARIS .EXPOSmONHBTQ*

366

THE

CHRONICLE.

IVOI. XXXVIII.

'*

ilie nuiowing st;iti*uu*nt.
prepared by tin* liuivau of St; it is*
tics, will show tin* exports <»j dnmisiii* ImadM»111 ^ Imm the
»jinl<*rinciitiotu*il iiiMnm-. dLlrirt
during tin* nu»nl Ii • d' I VI,maiy. 1**1, and l«»r tin* ei.jlil mmitlis rndrd tin- saiur, a*. « >i>*
Kin d wit !i tlii- «*rr«*>p< tin I ing m<
\ i-ai
»nt h-» of tin* | >r«*\

Tile

following

ale closing quulnhonH
n/»UK.

Mo. 2 uptime ..fl bid. $2
Ni>. 2 w inter
2 10<9
HiiprirMn*'
2
vi
Hi-riuwi'»Vrrtn
3 .*»»</
'linn i b-.*l 11 ltd •! 1 rt'l
4 iM .#
.WUit»>i «hlin»'i<«»Urt»
3 i'»if
\\ li.trr
1
* at
.Uni

<

.

«t

r.iifc’ht

....

...

..

I'h'i-IiI., upl tlirf

...

1

/

1

•

1

—

•-*

—

-y

•

—

Kcii \% ini«T, No. 2
Rod \U nu*r
While.
While No. 1
.i
Ueii-Wi-t. mixed
West. mix. No. 2.
\\ lilti .Soil* In i ii
Yellow 8out hern.
Western \\ lute...
Western Yellow

..
*“

/

•

1
—

•

•

.

.

•

_

1

;

z. ‘Z

i

.■

/.

/.

—

—

1

The

I i

-.

1.

-1;

'

•*.

•

*

w

r

*—•

•—

/.

/

I
'
1

.

IC

.

x

~i

V

1

>2

—

Vi:

1:- : r.
«;

Z

/

:

—

;

;

•

•

;

:

1:

•

•

c

w

I

.

.

x
occc:

*

•

Wc

ci
i—
-1
X CO CO c
x 10 Cl *- CO c

^ ti* .

i.

;

.

»- Cl c

|

r.l

cVtcb-ib

•

—

x;

1

—Cl-

.

f

5

x cc ci#-

)—*

h-

cci-#i:

C.3

-1 #O'
-1 Cl -1

10 -I'D- J
X c« *-• c.

CO

to —oc:
0 to 1C
<1 Cl J

;

;

•

•

cobicVcoV
co cd c 0 -. m
-10 IO c< c* 0-

;

;

x 10;

.

.

(DO.

Cl Cl 0:

1—

Cl

I

-

;

wcicc:

.

X to Cl

^

ert •

c1 ci

*4-;

•*-* O' cc cc “■ j o*
cd n 0 -110 cr
CO#- —1C-I'D

-IrcX.

■

^

05

cox io;

^
(X Qpi
yc—‘^ItOCOx
-j #- #• cdcc

•

co ::-3-

;

xcDrf-;

-i#-bcox*o

to

;

X;

W 'X
-o
^1
X 10
Cl #-

CO—r-*.

•

.

)-*

.

I-1

-

.

.

.

c

!

:

•

co :

•

;

;

;

.

•

.

:

;
•

>—

ox to*
#- x —;

#* 0 ci c 0 —
0 O X Cl Cl 0

b

c ci —

-

co

•

•

•

;

o-;

;

x;

•

•

•

•

CXj

-1.
CO-

.

CO

;

co-l to;

c-

.

^!

.

o-

M

—

V-! 0

•

;

ci •

x 0 c;
OtO-.|.

.

I-1

to

ffc

O'.

CD*

bo*
;

©*
ps

i 1:

X

10 — co V
0 co #» #*• 0 m

M

Z!

^

si;

;

cd

c.

X tipi j
C. X

q

OXtiCCl

to
to 4-

x x c

.o/-0
1 3

or

-Il

Ci
c.

.to;

4.*

,0 —

c;

-lore

0 X

*

^

*X

■

•

b

b

to •

:

:

0 —

x

.

0* Cl

c;

.

X -1 c.

;

*<l d

*r-

M

o.

—

•

XOO'MtoCKl'i

•

x

a xdx

t.

D

c.uob

rf*.

—

*-*.••

■

J

—

OS

©•

© -j

CI Ci

©

£r\©
Ci >4-1 ~*
*0 C • f>

CO-

4-

4-1
crxc

Cr

C'l

Sii.

cc;

tel

V:

0: #» •—* *4:

to.

cc

j

C0! X?

CO;

iiibcl
xx
*—

V

CO I

xco

CO

pjip X |
c'-ic x!

CD;
Ci'

tc X **, X

_.

w

V

#*•

tilb

©il

ci;

#-Xl

foregoing totals are the reports from Milwaukee
New Haven, Portland and Falmouth, Richmond,
Willamette and York'
town, the details for February, 1881, being as follows:

Barley—

Lee.

Bushels

Value

Xcw

Port-

Haven.

land, <Cc.

.$

.

Indian

corn

York

mette.

toivn.

meal—

Barrels

Value..#
Oats—
Bushels.. '
Value
.!?
Oat meal—
Pounds..
.

2,050
7,113
00
-i2

18,006

Value

.$

.

.

.

-

105,318

•■?

Value..!?

<75

10.058

I,<i2

53,650

16,050
101,473

380,784
1 >,100

101.173
108,57 0

Total values—

Feb.,'s 1.8
Feb.
8
S'lnout hs—
"188 1. ..8 501.580

11.057
11.313

41.714 1.307,228
18s3...8 240,516
5o,532
132,066
1 Not stated previous
to July 1, 1883.




d>
ft

60

IV

br

<9

7.3
7H
41

l 2

9

IM

ID

ft

illkj
liik,

..

..

S’2

Buckwheat

fP

HS

ft

Hi!

ft

7n

ft

63
73

to

W

H5

.

..,.

^

.

i

*a

Corn.

Oats.

137,017

25.590

78,330

801.076

107,181

55.874

lfi.GlO

7,700
992.000

11,111
230,161

302,000

153,155

2,982.430
3,262.301
844,785

008,741
1,242,136
597,905

'

144,700
23.310

Same wk. ’82

148,101

310,020

1883

6,030,712

1882

0.021.933

1881

5,300,017

58,162,854
61.919,298
32,500,953

SInceAug.l—
r

Btirley.

54,000
10,056
13,013

911.154

Flour.
Wheat...
Com....

Rye.

•89,150

80.292 912

24,465
4,058

10.200;
10,3:5
?N)

55,833
7,800

12,650

15,0.0

280,031

50.173

45^,325

115,859

109.532

39,936

41.797,531
34.104.355

14.091,505

5.954,880

50,747.832

12,929.323

3,308,155

78,542,190

23,920,536

10,470,530

3,256,423

.

flour and grain from the
from Dec. 24, 1883, to Mar. 15, 1884, inclusive, for
show as follows:

..bbls.

1832-83.

1,921,356

1831-82.

2,310,126

1880-81.

1,707,327

1.762,369

bush.

3,626.896
17,109,072
7,226.561

4,777,795
19,776,799
8.378,095

3,954,611.

3,467,635
10.566,316

,

1,567,690

..

3,104,327
462,362

510,129

14,771.713
6.453.072
1,301,221
593,231

5,549.673
1.356,875

536,572

30,010,613
31.493,373
27,073.881
21,477,071
Below are the rail shipments from Western lake
and rive
ports for four years:
....

1884.

Wheat..
Corn....
Oats....

1883.

bbls.

TFe^te
Mch. 18.

183,109

Week
Mch. 19.

.152,22 L

145,655

113,154

bush.

409.2C6
1,875,890
596.393
111,668
46,754

306,S96

2,533,496
1,045,623

370,256
1,019,779
553,939
85,489

367,920
1,625.608
409,280
70,207
76,337

,

Total.

315,858
29,319

3,039,971

Mch. 15.
Mch. 8.
Mch.
1.
Feb. 23.

Flour,

Wheat,

bbls.
222,496
126,099
131,311
158,388

same

Tot.,4w. 638,294
4w’ka’83.

749,935

289,657

1,259,054
l,75o;905

2,079,312

2,549,452

ports for last four

<7orn,

Oats,

bush.

bush.

2.164,333
1,602,134
1,435,641

727.503
63L957

1.477,585

Barley,

Ry(»

bush.

bush.

829,685

111,668
130,077
91,757
99,864

46,754
30.009
31.831
52,751

6.729,993 3.018.547

433,366

161,345

bush.

409,266
296.489
263.642

40 739

3,231,191

shipments from

were:

ending—

1881.

Week,
Mch. 17.

The rail and lake
Week

1882.

IFcc/c
2Ich. 15.

Barley....
Rye...

822.402

8.090,842 3,790.239 1.260,743 206,117

The receipts of flour and grain at the seaboard
ports for the

week ended Mar. 15 follow:
Flour,
Wheat,
bbls.

bush.

New York

89,474

Boston
Portland

49,168.
2,733

110,625
1,000

Montreal

10,916

15.250

Philadelphia...

18,417

Ealtimore
New Orleans...

25.72 L

49,500
178,030

Flour

101. ICO

Wheat flour—
Barrels

fid

9,629

Corn,

Oats,

bush.

bush.

576,708

Barley,

Rye,

bush.

bush.

71,675

42,558

137,300

173,180
103,525

168,427

2,780
6.550

2,150

57,500
206,265
12,30 0

40,750

31,200

14,4.50

19.644

S.000

9,603
362.034 122,475
662,065 139,535

50.558
22,982

The total receipts „at the same ports for the
period from
De3. 24, 18S3, to Mar. 15, I8S4,
compare as follows for four
years:

Bushels
WheatBushels
Value

61
56

7n
6 5
66
6 1

Total week... 206,058
35 1,405 1,153.500
Cor. week ’83.. 291,206 1,130,533 2,192,1 36

771,200

Value..?r
Rye-

,

......

OJi.j

073.S01

A t—

408,563
308,138

.$

.

Willa¬

’

Indian corn—
Bushels

Value

Rich¬
mond.

if
ft

3 t

-

63
*

170.033

weeks

the

Hi I wan-

(t
u -5

CJ*1

li

*D -I #- to X CD Cl — X
Cl D Cl —
S J< CO c

Included in

co;

c/-l

X -I
mi; cd 0
—

co¬

CO

ec.pi c.

% Cc

Ctx 10

.

Ci

il

To
76

....

....

1

151.715

Total grain

OCj 2
-1 c* V

CD©
—

to
to
c.
to WX #- X CD —

— 03 C* Cl 00 to to

c-1

©

WiMti’in

Mtltti .V < '.tluul.4
O-tt* - Ml Amt
Whlto
N't. 2 in! xml..
No. 2 wiiit.i
Hiirb’V
St., l 1 ’.mail.t.
N'». '2 < '.muila
.Hta!i-, t w.t ru\vi*'l
SI O'. K|\ 1 OWt'll

IO

Tot. wk. ’84

Rye

d

t i <1

ti

X

1 1

Same wk. ’83

Barley

;

0*1

lljn

>1

©St *

©

C C #* X X

.

;

•*

i i co i

0

IOOO -1 ID to O O -1 0 D

to

.

cc x

©.-

:< :«o
J *u

J

21,515

pons
four years,

ti, X

©

III

it l

61
6 5

775

Flour...

to
*

—

same

CO

o»c;boToc:

.

;

— ;

•

!

tH

*—*

cd

..

Cats

c*i

CO
^1

— —

a 1

1883-84.

J

v winn. ,Vi
lie tl
il tot,

73

The comparative shipments of

Ci |
ji c h
*—

*

*

#- X

.

Cc

-1

-i!

0 to a- to

— —

i oV* io co b x cub
Cl O X Cl Cl X X X 0.
— Cl — — Cl 01
C. C

—

.

CD

*

—'

tx !

ci x #* c

X

CD 1-* *b CO CO —

tO O CO Cl d

•

f*

i

v

•

~

#*■;

I

d — —

—

—

X

1—

.

8

•

Hi — —

Vb

•

0.

co.

Oi

;

*~

c xx

i-HO'Ct: 10
to x to x 0 x X

—

--*

CO.

M •

•

to to#-o

ococcls.

■&.- s

O

,►*.
X.

O^*

— #* c, c

;

•

X'

1

*—4

roxxoob p-

M

.

.

;

#-1 ;

•

X Si
c. Ci4

f-*

•

•

;

\>

106 Do

,

it.

Duluth

(

write*-4-li!
S I

4* ci a c.

*

1,233
1,182
1,420
32,045

Ci'XCiO Ci

tow

cob

Cl — c».

—

c»

•

;

O X ti li I
i" Ci Cl 1— 1

#-

C#—;

,a

•

<x

M

i
ci —to
Cl X CO Ci X —
0 x co cc — x

—

co
ci
-

-4 X ill Cl ii 4-

-f

c

■

©

oc:#*cc ci^i
-ICO. XlOCi

1—

.

:

li Ci Cl X
X ii Ci Ci

r-~

67,750

t’eoria

— j- c: to ~ j x

s

M #* C0 #O Cl Cl c
to to XX

—

*

S

p-;ir
X tO lid

io

W C' X

—

p i;;

Ci Cl
■

cox
X

to

— —

C <1 --1

#» CD

cd co >-* c 0 to

Ci

OilCO-l

CO

;

HI

Wheat.

Toledo

—

-

1

-1

>-* ci

:

H'»

C \

5,»

-

Milwaukee..

3t. Louis

*-1:

c*i c u
tv Ci 4vr

s

1

ol

Flour.

Detroit

c-G —#-XC

WO'X).

^MO #-|

*D c.

tOX

CiOTJto;

Dolars.

1

—

CCM M 10-1

"“.ii-SI

Ci CI

wb

x -* #- rr. -l

Cl ii Xi

-ictc-] c. z

cob*

—

—

I OO )
I .! > 4

...

Hrnttd
I bo k

d

BblsAQttlbs Bush.GO lbs Bush.5H lbs Bush.32 lbs Bush.iSlbs
Bush.50 lbs
46,434
144,500
1,298,150
431,31.’
100,778

Cleveland.

:®wh:
—W j

jc

x;
•

ivement

Chicasro

1

WiWokj
c; c i' ^ i n-

•

in

Receipts at—

I

>-* x cc w — e.

x;

ii x
tc x
-

0 c c 0 c. c
CUOX-J-IC

c:

x

—

d — t c #- —
s x x #*• u

VVV

*/.

CD Ci

<->

W-*

Mt

10

oy- c. x

lw

I

1:^-1

^

cc 1—* e: cc
O-1 51 C

-1

—=X

J.~Z ~\

r

.1 |u.f

-

l-Piiirs to inirket is iaiknfel ia the'
fitatements below, prepared by us from the
figures of the New
York Produce E'tchinge. We lirst give the
receipts at Western
Lake and River ports, arranged so as to
present the compara¬
tive movement for the week ending Mar. 13 and since
Aug. 1
for each of the last three years:

I.', li

X **
Ci * mO C1 cc

*

•

1

t -1

:

*

<*1

.

On

1

6

j

K>e Moor, *o|ierltun

1‘om uo'nt

Wmterii, ,%o

15 2

m,

..

..

+.

linker*

.

7

^

..

•

/

*««

•

0

‘lit;
—

6 7^
' 75

(

*

..

1 1.1
1 I'H

—

,

*

•

5 in

I

Hju Hip,pi r bnull
Hpnn*! No. 2

$

V ’ 2T

-

Wheut —

.

-

>

9

if

fnmily brmid*
4 ;•, *
^.iiilh n Allp'K »Mtrn*
I»,mj

Hoathetu

OKA IM.

•

*

•

~

•» ' »

*•

-

*

V
.

l

\

r

i

City AfctpplUtf e«tr»*f.*i 10

J tin

5 5u<f

id*, winter
;

:

•

2 50
.1 HO
3
t T5
5 7 *

s*2 2.2< >5
<3 2.2 18

Wueat...

33.340

.3.827

110,310

22,500

2 t 1,12 5

22,500
66.600

511,326
Ml 1,041

088,108
3 Is 1.130 810,734

,.bbls.
bush.

Corn
Oats

1882-83.

1881-82.

1839-31.

3,447,314

2,581,463

2,843,122

3.755.8V2

11,578,2 43
21, 448,673

6.462,8 V5

10.391,957

8.0 5 0,9 92

15.074.531

4,866,696
1.145,5 >3
225,64 4

4,665,633
1.3 49,777

4,722,370
1,183,394
385,810

11.••-'97,557
3,93,‘,754
1,673,03 i

Barley...
Rye..-.

1833-8 4.

2,507,575

.......

158,908

Total grate..„.

20,939,104

122,310

39,261,856
21,151,567
32,353.062
The exports from the several seaboard ports for week ending

Mar. 15, 1SS4, are shown in the annexed statement:

I

Irporlt
fr**-

Flour.

*

i

?SSui‘»
Mo»trr*!

i: i*a
:«*.i i.2

l

1. n; i
17 1
11 *

V 1.•>< III
III, l i .

l l•*,(»*’.«.

"».! |,7i»l

jaUlui’n*

H.Orlu*

jj,i,h

\ HI 7

I

*

*

171.1'*

..

nn

>

"Thu lientiimti

«»f tU*«

ni

^ •MporH

13-4
)\,r/c.
Mur. 15

3.63 1

lO.ii‘23
20.70 I

*

t

♦ 1

*•

i» im btfiuw.

llVf/.-.
l/'ir. 15

16,5 14

5,000

2,0110

ili.i

1
1

Total...

148 063

117.405

d 1

p >rh

w

lt»uudlaud.

and

iu'Jit

r.

Tin

•/■

re was

d<'ni

uu^.t’ i/Woi y

nrinuf.i''

\

’iiin.i, 2 II to s .ntr»
\ i-invi* I :i, l! Hi to
1

in

* .t

i

!i;»f di** i|*j.«*l-i 11 Mg.
i mt the ad\ a in* ■ in cot n», i La*

•,

tor

*ttou

»*

l t!j«* |.»|»in“ 11

ii
^

itiin

a <’<•

a 'i**,t**, .m

iii* i

w ,i >■ «11 ni w

low mI

11« u ;(l.« m d

524,701 1,110,523

l 33 J.
11 trk.
Mur. 17.

200
Oil

1 0qo

020.201 2.220.739

By adding this week’s movement to oar previous totals we
following statement of exports since September 1, this
season and last season.

Exports since
Sept. 1, to—

Corn.

I Vluat.

Flour.

1S83-S1.

1882 S3.

1883-84

1888-83.

1SS3-S4.

188 3-S3.

Sept. 1 to

Sept. 1 to

Sept. 1 to

Sept. 1 to

Sept. 1 to

Sept. 1 U.

Mur. 10.

Mur. 17.

Mur. 15.

Alur. 17.

Mar. 15.

239.83!

371.102

Bush.

Mur. 17
Bush.

Buxh.

Bush.

4.0-20.503
371,032

14,837,328

20,257.170

16,411.455

9,0.84,221

20,634.003

5,082,918

1,200
31,078

89,178

1,109,7' 2

170,315

44.528

215 881

257,770

liblS.

libls.

2.906,030

Un. Kingdom
Continent...

14,805,801
2,221,478

8. AC. Ara...
Weat Indies.

471,011

411,5)2
532,422

Brit. Col’nies

Oll.S.fs

321 317

8.010

08,81)0

19,073

25,90 1

17,507

7,8)0
202,410

98,510

Oth. countr's

112,839

85,274

4.405,984

5,082,739

24.530.010

47,235.7 0

23,000,981

17.012.513

...

the stocks in granary
at lake and seaboard
ports, and in transit by rail and water, Mar. 15, 1864, was ac
'Pile visible supply of grain, comprising
at the principal points of accumulation

follows:
Wheat,
Instore at—

hush.

New York
Do afloat (est.).

3,63*2.173
108,000
0.030
840,2'.7

Albany
Boflalo

Ohioago
Do afloat
Milwaukee
Duluth

12,768,161
141,275
3,012,275
i 2,670,531

Toledo
Detroit

Oswego (est.)
Bt. Louis
Cincinnati (Stlq..

Corn,

Oaht,

Barley,

Rye,

bush.

bush.

bush.

bush.

235,256
1C 5.000

50,000

28.500

80,000

16,500
8,717

17,000
133,603

202

Indianapolis
Kansas City
Baltimore
Down Mississippi.
On rail

172.385

6,462.255 1,600.026
0 77.605
101,765
3,152
17,284

252,517 1, ,740,520
625,548

23,143

44,703
32,031

10,178

323
-882

162,475
15,305

65,020

1,390.713

722,280
132,000
1.004,200
122,316

140.522
128.000
2.770.894
31,67 L

178,127
40,418

214,516

00,157

190,257

FhiladelDhia
Peoria

70,004

1,154.010 1,880,116
13,500
58,000

2,520,123

Boston
Toronto
Mentrea)

r

242,802

14,476

550.635

104.542

1.52)
77.280

7,816

106,262

125,451

110,600

30,000

333.133

286,043

627, Oui

343.030

303,265

288,413
1,875,800

35,065
26,112
162,028
15,122
......

....

.

.

131.110

506,303

5,000

......

111,663

GOODS

Friday, P. M., March 21, 18S4.

past week has developed very little change in the
general condition of the dry goods trade. Wholesale buyers
continued to operate lightly, and in accordance with positive
^vants, and a comparatively small business was consequently
done by domestic commission houses and importers. There
was at times a moderately good trade in jobbing circles, but
the weather was capricious, and there were so many quiet
intervals that a much smaller aggregate distribution of season¬
able goods was made by jobbers than has usually been the
the

corresponding period in former years. It has
become apparent that the outlook for a really good spring
trade is not encouraging among distributers and they are
therefore making their early purchases with unusual caution,
but it is by no means improbable that the situation will change
tor the better within the next few weeks, if the demand for

consumption should start up briskly. Values are without
uiaterial change, but a steady advance in cotton has imparted
uiore firmness to some kinds of manufactured goods in first
hands, and a few descriptions have slightly appreciated.
Domestic Cotton Goods.—The export movement in cotton,
goods was unusually large. 9,213 packages having been shipped




Goop.s.—The denrmd

for

men’s-wear

reali/.ed the

not

Importation* of Dry t4oo<ls.

importations of dry goods at this port for the week
ending March 30, 1881, and since January 1, and the same facts
for the corresponding periods of 1883, are as follows:
The

F3

H
P

P

i-s
n

®

C
P

fL

I*

O
1-1

IP
; 5

O

p

.

n

•

o *

•

CD

•

P

.

P
■

b:

—*

i o

9:

.

•
.

•

.

p

:

J

: : :

:

p

P

•

*-«

P

,

.

.

o •

.

p

a •

c

•

>

*

.

CD

;

o •

•

•

p

:

:

®.

.

1

'•I ! •

sl*
—*

C. V

CO

!*-

tc i—*

—

tc

-mV

CO 1

!

IC-I

©p
i0

C Cl rf- Ci

CrfilCHH
r VCD DC x

tc

Tin

x

1—•

—*

rf—’ 1—I

X

-I

—

CD

—

CD tc rf-

Iv

*—4

—4

(C

—

CD rf—

00
rf-

0-1
-l-J

CD

ID

to
—

CD V tC rC CO

X
1C —

[

£r

I

V. I

tc'

w

r

*
R

or

1 ^ N5

£. C5

cc it- O' a -1

I-I tc «-• 1C
O O *-* p* O'
O' —I - i

CI. X

so
I--I

2

pj c

C CO

Y/w /

0-1

c; t. x x - j
~

1C 1C

c; x

lUC sc

-■

I

P

ID
CD C. VO C. -1

XV

o

C. CD

1C
-1

-1 V

o

Sw

x to vi c. tc

CO

to
Ci CD

Mtc t: ic

I

>7'

r c rf* -1 ’D —*
1 rf- rf- rf- t c

-

x

a

T

-I

-1
X

X]C P -1
CC CP if- C C
C. rf i-

-

I

r.W-ITKl

M

—I

2^

MOaCB X
I— os i c *- co

iT

\>

--

o- 02

sc rf—

cc

CO PC

to^

1—*

*4; 30

(-2

*4 X •--> IC 05
C C. CD I—-XX

p

.

o'
S

>

-

rf-

1C

£; to
3.

-

~

7^ t* •—1 Ci
X tv rf- rf- CD

1

~

~

x>

Ci

.

.

.

P.

‘•■■IK

^ »

CD P

*a .o r
' ■ p: 2?
r

p

>0

c;

3*

;

;

“82c’2
rtOS
p* ; C -'c?
p : a
§i :
n

*

rf—1

.

000^2 sp

K'^SEC^S

r—

2^

46,754

The

wa rt*

wooiens.

wear

......

TRADE.

m

Cloakings were fairly active in some quarters (owing to excep¬
tionally low prices), but the general demand was moderate,
and there was only a limited call for ladies cloths, Jersey
cloths and stockinettes, while all wool and worsted dress,
fabrics were in fair request, as were shawls and carpets.
Foreign Dry Goods have ruled quiet in importers'hands,
and only moderate sales were effected by jobbers. Fancy sum¬
mer silks and fine black and colored silks were in fair request,
as were a few specialties in
fancy dress goods ; but low-grade
silks and staple dress fabrics were lightly dealt in.
White
goods, lacufc and embroideries met with considerable attention,
but linen goods were slow of sale, as were most kinds of men’s,

83.661

13.415.024 18.812.805 1.000.304 1,602,106 1,073.752
Tot.Mcli. 10/81. 22,0 j7,003 15,103,306 3,516,541 2,321,261
626,001

y.uis at steady pri'Vs.
l and dearer in sympathy

cum t

expectations of holders. There
was a fair business
in strictly desirable styles of all-wool ami
cotton-warp cassimeres, but inditferent makes were almost
neglected. Worsted coatings and suitings were taken in
moderate quantities to a fair aggregate amount, as were
choice makes of overcoatings ; but there was less spirit in the
demand by clothiers than is usually seen at this stage of the
season.
Stocks of tiie above goods are not excessive, and the
best makes are steadily held at opening ([notations.
Satinets
(though in fair demand) were less active than of late, and a
limited business in Kentucky jeans was reported by agents.

C 55

Tot. Meh.
Tot. Meh.
Tot, Meh. 13/32.

1

an

fair deni

in

i.

Ih ints

woolens lias

....

4,401

it mgs

were

Domestic Wholes

611
120
31.043

2,101,202
8/84. 30,540.883 16,247,095 5.110,300 2,100.062 2.212.612
17/83. 23.366.020 1 L 021.880 4,571.22 1 1.801,011 1.874.642

DRY

cloths

closing at 3 7-16*. for <51\6 Is arid 3 *. bid for attx
in light and irregular demand by wholesale
buyers, hut u fair distribution of both prints and ginghams
wau made
by jobliors, an 1 wide printed cottons, lawns and
piques were in fair request.

9,173
......

..!i«

wide

in

60s.

12,504

Tot. Mcli. 15/81. 33,226,660 16.080,809 4,033.518 2.030.670

THE

ilone

18,000

2

1,000
38,283
7,630

I'li’VH iii lir-'t hand*, and 1’. pptMeU tin" Ih.iah •.ln « ( in,;^ were
ad\aiicrd 1 4«.*• p' t
*td bvagenlN
hleneltcil goo.G.'and um.it
kinds of colorrd i nttmia, tid'd quirt, bnt a fair business wan

with cotton

have the

at

l\

ilt

-Hade

i e

I’lint

.

740.703

‘J VJ7

1,786

? 1

Hu*h.
Ihuth
702.075 1,763,107
li n.li-l l
135.787
3.6 12
51*. too
6.622
11,703

F> unh.

367,115

600

-

Wh add tli**

Wrrk.
Mur. 15.

Mor. 1 7.

313.537
205,7 12
375

Oth.c’nt’.-

1.17 *
3

*>

• ’

133 l.

133.'|.
H ><*/.-.

Ilttxh.

j

Corn.

Uhl it.
83.6 10
1.650
S.oi-

5.471

'J 7. <

for eoinpariM.m:

133 1.

Mur. 17.

iiM*.

W. Indie.Brit. Col’t

•

nVI

li'A rat.

■<

i sw: i

.

106.37.6

tJn.KlnK'
Contin'nt
B.ikC.Aii.

y.*ar

-i*

in.

|1.1 1»2 * 2,2 2'».7.»!*

,

Flour,

grporlf
for irtek

case

*

/» to N«

ihe

mI

l

bit g

|

1

*»;•.».26i

|irr**np(Ridi ug period <»f 1

Total.

Great lit it.tin.

-«! *

-I
»

from this p<>rt, including 7.7TO packages l«»<
l Mill 111 go, 3-|| til r. S. t.f ( * doiubl i, *217 to
nation

'

.»•

I*! **

\

—

|a« tiiu*

-

1
\

"

•Ji i»

2 U l".l
•
i.•» i a

,

Fccu.

/:,<h
2 ", * * i»

.*. i * 11
1*2

.

K'jt.

Oulu.

|

l> t*h
’
a M.'»ii t

t;

iii

.i

Corn.

i

OY..* t

ffcli*d»d

l»*a.

ir/itut.

IFJt.
-1 vf

f«wYork

1

.1

!

■

3f>T

'THE riHRONFCT.F,

J Af-M |

H*

jjA r.wii

%

w^r-jT-T-*

1
to

•—

O

Cl

—

00

C0‘

Co

•v
<v

IC■l-J M tc t-4

X

oi -i rf-o

iCi

s

w

QD VI tc -1 03

-1
cv
'1

C*

X-<5

Ki -1

CC.-OOI

[JO

Ci VIH-WCI
X X - 1 - 1 -1
•

<p
Ci
tc

Ci CD

cc

l-'l

q D

CD VO

o»

I

R

5.

I -

CD — - I © CD
CM w 8— tC C l
rf- i C t C *• J ©

a'

rf- VI tC XJ rf-

fc

CD tc

-IDrfVJD

X

C X

rf-

CD

—

—

tc

1C

x

y-‘icicto
otmV-m

C. Ci

>

O' I-1
*r vi

*x

00©

CD rf- tc rf- V

V* 4*-rf-

—*

X

rf— - J X CO
X © CO — - 1

O'

x*-l

-1

O' —‘

wt
TO

KH;He©
GxtCCD©

a1

M

00

X
03

Ob

*

CO 10 Cl Cl ©

to-HO X ©

©

lb

-1

tc rf- rf-1 —1

it. I 0 oo cc

X

►r-

ciHie r.*>
X coxtc

il

rf-

tc O
• to
o Vl © Xj

rf-

©

-

>—*

0- CD

i

CD

cd

-IX

1 NO

Oi Cl C rf* O CD Ci X -> O rh

8-*

O' O' *D CD Vi
O' -1 C5 >v X

C x

X X -1

Ci

^

M

Oi

tv

IO
rf*. oc
tox tc

Cip
iclc -1 xj

‘'j

p

w

s «

OQ

1 03 >—■ X
-

tc

r*

Ct
CD
1C

CD Cl
1 —

.

rf-

X

iy

Ci

^
ai*-i
*-t CD

O’

CD O'

XJ

-

1

M

CD

1

/
■—*

ID

*2 S

ci -17 vi
c— cicr.-i
t V CD rf* CO i-11

7-1

'

i

V'

of

xx-t*
ii-

ok

O

DC 10

M 10'
—

I-I

O'JO -1
*D CO CD

O' o'

ICDD.HX

-IX

COX) O'Cl Cl

CD Xj
C. 00

|

CD*— X
I

i

o: x
•d X)

l

-1
O-IIC'OO

O' — — OO

i

-5
CD © rf-* rf—

ic

Ci

c. - i

.

MHt5

CO to

j

O' CD X Ol 05

O' O'

IC D. D.

.

-*

; -ir.xc.o
o:-1
0- — I 'X - 1 CD — 00
-

I — '

V- CD CD CD

O

y—110 i—11 o

C: -1
i

u-

; x
1 Cl

*-

xb

V'

CO' c

; O’ vo

j

-1 - -C v- CD

Ch

OOJ
X.2*

2?.

tc t~* i— t c -*
■X CD rf* ©

A- ■

§

J 03
tC O o; O -J
-1

1

© ©

-

Co ’C'*-C r •—1 IZ

2

1

e**

©1

b i
V I
tc

1

IVOo: Oi

1

00

.*

10

I

s pS1
►-a,

c**^

-

X
to

IC-5fc

ic rf- tex rfX VI —1 X ID
1 —* 03 o; X

-t

*J

Cl
oo ci

y if* p
7 7>. i o- CD c k

O' ^ — I-I x>
c i o -1 c oc

1 P/' ‘ p-.-/p
|

-1

I VOC. -4 -X

|

10 I

>-•

;

O O ' IC O’t O '

CCD
1 CD t o

S3

P

x

j

p I pp
7- ! oo ci
It-

M

pr :.

rf- Ci V rf* o

'

4-

M t V

CO

- 1
! X

k—4
-

tc
—

-

/ “O/

/- *“ Ci rfrf
© t C -) c.

1

^

i

1

!

rf-

rf

‘Ir-c

55
K
a

X>
•X

rfft

368

THE

ffitumcial (Companies.
FIDE1JT1' & CASUALTY
NO. 179

(fmmncvcial (Cards.

CO.,

L„

BROADWAY, NEW YORK.

Officials of

Banks, Railroads and Express Compa¬
Managers, Secretaries, and Clerks of Public Com¬
Institutions
panies,
and Commercial llrms, can obtain
BONDS OF SIKETYSHIP
tnis Company at moderate charges.
The bonds of this Company are accepted
courts of the State of New York.

CASUALTY

(Established 1865.)

COMMISSION

THE PURCHASE AND SALE OF

information as to details, rates. &c., can be
obtained at head office, or of Company’s Agents.
Wm. M. HkhaiM)S. Brest, .iohn m. ihanil, aec’y.
ltou’T J. Hit.las, Ass’t Secretary.
DIRECTORS:
Geo. T. Hope,
David Dows,
W. G. Low,
G. <>. Williams,
A. 8. Barnes,
Charles Dennis,
J.S.T. Stranahan, II. A. Hurlhu',
Alox. Mitchell,
A. B. liuti.
.T. D Vcrrr.ilye. S. B. Chittenden
tine.
<-oc,
Wm. 51. Richards.

GRAIN

Mutual

no

i

u. i * e

other

t y & i li p.

business.

NEW YORK,

tlie 31st December, 1883:

on

1st

Deposit with Insurance Department

Vice-President:
IIon. Jas. Feuriei

.

Fine Custom Shirts

January, 1883, to 31st Dc-

Premiums
off' 1st

.$4,168,953 10

Policies not marked

on

January, 1883

1,539,232 53

$5,708,185 63

NEW

17 8

YORK

OFFICE:
.

I). J.

TOMPKINS, Secretary.
New York Directors.—Joseph W. Drexel, A. l.
Hopkins. II. Victor Newcomb, John Paton, Dan it)

To mi nee. Edw. F. Winslow. Krasins WitciiR.

the

Shirts

are

and

assertion

January, 1883, to 31st Decem¬
ber, 18.-3...!
$1,260,428 93
aid during

the

our

war¬

Dress

cases

perfect fit.

a

SAMEL

RUDD,
Broadway & 24tli Street, New York.

same

period

Briuckerhofi, Turner
& Co.,

$1,901,042 38

Returns of Premiums and Ex¬
penses

that

unequaled for style, appear¬
workmanship. We guar¬

all

antee in

Losses i

15 R O A D \V A Y

rants

ance

Specialty.

our

Twenty Years’ experience

Premiums marked off from 1st

Managing Director: Edward Ravvlingp.
No.

•

SAMUEL BUDD.
Over

Total Marine Premiums
?300.00C
400,000
214,00C

PROVISIONS,

January 24. 1884.

Premiums ouMarire Risks from

•OF NORTH AMERICA.
Cish Capital
Cash Assets

Co.,

The Trustees, in conformity to the Ci arter of
the Company, submit the following Statement

ceml/cr, 18S3

The Cksarantee Co.

President:
Sin. .4 lex. T. Galt.

Insurance

A!\I>

the

Chicago Board of Trade, for cash or futile
delivery, a specialty.
Special Information, indicating course of market*

on

freely furnished upon request.

of its affairs
o

1

COMMERCE)

CHICAGO.

DEPARTMENT.

issued against accidents causing death or

1«

MERCHANTS

125 La Salle
Street,
(ADJOINING CHAMBER OF

ATLANTIC

by

disabling injuries.
totally
Full

> n i

Everingham & Co.,

OFFICE OF TIIE

an>n«

1 $<

(Vol. XXXV111.

Insurance.

nies.

Policies

CHRONICLE

$850,080 76

#

Manufacturers and Dealers It

The

Insurance.

Company lias the following Assets, viz.:

York Stock,

The United States Life
Insurance
IN

THE

CITY

OF

IN

other Stocks.

Loans secured

YORK,

1830)

—

and Bills

425,t 00 00

..

Re¬

Also, Agents

ceivable

1,588, 06 79

Cash in Rank

II.

’

Amount

335,710 68

an act

pany’s charter

amended in 1SS2 that hereafter
ftilthe profits shall belong to the policy-holders ex¬
clusively.
All

Policies

was so

henceforth issued

are

incontestable

the outstand¬

Joy, Lincoln & Motley;

as

satisfactory

proofs are received at the Home Office.
Absolute security, combined with the largest, liber¬

ality,

assures the popularity and success
All forms of Tontine Policies issued.

Comparison

of this Co.

op Business for Two

Years.

1 ssg.

New Insurance Wr.ttcn
Insurance in force
Assets....

Increase in

new

i ss:j.

82 sito.oii" on 83,281,o(M ob
in.79n.ooo 00 ls.soo.onn on
3,1 in.si t 4(5
6,208,212 4s

Payments to policy-holders

ing certificates of profits will be paid to the hold¬
ers thereof, or their legal representatives, on
awl after
IIIE

for any cause alter t hreo years.
Death Claims paid at once as soon

439,079 4(5

473,928 98

business written in 1883
87 per cent.

over

1882,

GOOD AGENT.-', desiring to represent the Com¬
are invited
to address .1. S. 'GAFFNEY,
Superintendent of Agencies, afliume office.
pany.

Tuesday, the Fifth of February next.

OUTSTANDING

CERTIFICATES

of

the issue- of 1879 w.ll bo redeemed and paid to
the holders thereof, or their legal representa¬

tives,

on

and after Tuesday, the Fifth of Feb¬

ruary next, from which date all interest thereon
will cease. The certificates to be
produced at
the time ol' payment and canceled.
A

DIVIDEND

declared

on

OF FORTY PER CENT i,
the net earned premiums of Hie

Company,.for the year ending 31st. December,
1883, lor w hie li certificates will be issued on
and after Tuesday the Sixth of
May next.
,

W. H. ir. Moore,

Adolph Lemoyne,
Robt. B. Minturn,
Charles II. Marshall,
John Elliott,
James G. Do Forest,
Charles D. Leverich,
William Bryce,

Charles IT. Russell.
James Low,
David Lane,

Burnham,
A. A. Raven,
Win. Sturgis,
Benjamin II. Field,
<,

MARINE AND INLAND INSURANCE

COMMERCIAL
INSURANCE
57

A 59 WILLIAM

MUTUAL

COMPANY,

STREET,

NEW

ASSETS.
United States Securities
Bank Stocks of New York Citv Banks
...

8311,105 00
116,420 80

City and other Stocks and Bonds, Loans
and Cash in Banks
Premium Notes, Cash Premiums, Rein¬
surance and other Claims

233,0u7 15

73,558 05

Total Assets, January 1. 1884
$739,091 00
W. IRVING COMES. President.
Henry D. King, Sec. Wainwright Hardik V.-P.

ITT his Company issues Certificates of Insurance,
losses payable in LONDON, at its Bankers, Messrs.
BROWN, SHIPLEY & CO.




Josiali O. Low,
William E. Dodge,

Royal Phelps,
YORK.

Gray,

Edmund \V. Corlies,

Gordon W.

$101,148,248 25

Neiv York, Boston,
SELLING

ISmOWIY

Philadelphia,

AGENTS FOR LEADING BRANDS
A

BLEACHED SHIRTINGS

AND

SHEETINGS,

PRINTS, DENIMS, TICKS, -DUCKS, &C.

CLOTHS, WAITINGS, LINOLEUM, ETC.

C. A. Hand.

William II.

Fogg,
Thomas B. Coddington,
Horace K. Thurber,
William Degroot,
John L.

William II. Webb,

Riker,
Smith,
George Bliss,

Charles P. Lurdctt,

William II.

John D. Hewlett,

JOHN D.

N. Denton

Many.

JONES, President,

CHARLES DENNIS, Vice-President.
W. IT. II.
A.

A.

Ship Eurni«hin£ Specially
Desired.

LIFEA EN1) 0 WMEN T P OL1C1ES

-

Bliss, Fa by an & Co.,

T R U STUBS.

Horace

-

Co., Atlantic Cotton Mill*,
Chicopee Mfg. Co.,
Peabody Mills,
Ilertou New Mill*,
White Mfg. Co.,
Saratoga Victory Mtjg. Co.,
Hosiery and Y arn Mill*.

Oitho and

J. 1). Jones,
Charles Dennis,

Assets,

AGENTS FOR

Ocean Mills

CARPETS,

ISSUES EVERY DESCRIPTION OF

Companies.

15 Chacncey. Street,
BOSTON.

NEW YORK.

OIL

WINSTON, President.

ORGANIZED APRIL 11, 1842.

Street,

43 & 45 White

Drills, Sheetings, die., for Export Trade.

LIFE

Rates Lower than other

MIDGE, SAWYER A: CO.,

CHAPMAN, Secretary.

INSURANCE CO. OF NEW Y0BK.
F. S.

SUCCESSORS TO

E. IS.

Towels, Q.iiilts, While Goods A Hosier j

By order of the Board,
J. II.

MUTUAL

on

A full

STATES BUNTING CO.

.312 47

$12,97

SIX PER CENT INTEREST

UNITED

supply, all Widths and Colors, always In stock
No. 109 Duane Street.

Geo. li.

Brupoun, Actuary,
of the Legislature of this State this Com¬

CANVAS,
FELTING
DUCK,
CAU
CDVERING, BAGGING, RAVENS DUCK,SAIL
TWINES, &C., “ONTARIO” SEAMLESS
RAGS, “AWNING STRIPES.
•

COTTON

1,956, 60 00

Company, estimated at

And all kinds of

95 00

by Stocks and

Premium Notes

BllO.SNAN, President.
Fualeigii, Sec’y. A. Wheelwright, Ass’t Sec

C. P.

$8,666

Real Estate and Claims due the

2(11, 202 & 203 Broadway, Now York,
T.

City, Bank and

otlLcrwisc

Co.

NEW

(ORGANIZED

COTTON SAIL DUCK

United States and State of New

MOORE, 2d Vice-President.

RAVEN, 3d Vice-President.

TllEO. W.
•>T1

&

BAILEY &■ CO.,

273 Canal

Street, New York.

Near Broadway (through to 31

ESTABLISHED

Howard St.)

1855.

EUGENE K. COLE, Successor

Sears
STATIONER

&
AND

to

Cole,
PRINTER,

Supplies Banka, Bankers, Stock Brokers and Cor¬
porations with complete outfits of Account Books
and Stationery.
New concerns organizing will have their or¬
ders promptly executed. '

So. 1

WILLIAM

.(HANOVER

STREET,

SQUARE.)

IJOSEPH GILLOTTS
STEEL PENS
Solo By ALL DEALERSThroughoutThe WORLD

SOLOJMEOAL PARIS EXPQSlTI0N^l87ft