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xmm
HUNT'S MERCHANTS' MAGAZINE,
AND COMMERCIAL INTBRKSTS (W THE UNITED

KKI'UKSBNTINO THE INDUSTRIAL

NEW

VOL. 3a

MARCH

YORK,

I^lwauclat.

Walter

York,

USS.

&

Alfred H. Smith

Co.,

IinPORTERS,

EsiiTiAVKiw Axi» Printers op

lll<>M>.S

NOTK.S, SIIAHK fKUTIFICATES,
F»IK
CiOVKKNMKXTS AND

mtk

p>;tn Bunfutiind tichiir«l7

sie of th)

for

SAFETY PAPERS.

SAF'TV COLORS.

WoTwL Kxecuted in Firf|>roof Huildingg.

W«

Cor« Tbird

Itkaw Cnrdjh Labrl^ I'slendsn.

BIiAITK

ALBERT

G.

COODALL, PresidenL

VICE-PRESWENTS
MACDONOUCH,
W. M. SMILLIE,

A. D.

J.
I

No. 15

Co.,

_

THEO. H. FREELAMD,

AND BUY AMI

All clasaea o(

WESTERN

EDDr, Gabbler.

Hakry-

bought and

C.

IN

Ballwajr

Bonds

sold.

BOSTON.
CAPITAL,
VRl'LL'S,

•

-

•

.

.

.

•

.

31

«400,0OO
400,000

&

Prince

Whitely,
N£W VOBK.

No. 64 BROADWAT,
BRANCH OFKICKS jgj, j^^,, gt_

Ooremment Bonds botmht and

&

sold.

Co.,

I

DMITBD BANK BVILDINO,
BROADWAY AND WALL BTRKBT, NKW TOB«
DBAI.IBS nf

,

'

Railroad

&

Miscellaneoas Secnrltles.

&

8DCCE880B8 TO

S'i

Broadivar,N.T.

Bonds and U. S. (ioTernment Se«arltlaa
Bongbt and Sold on Commlsaton,
JA8. D. SUfONK.
BCTIRLT CB«W.
Moabcr N. T. stock Kxehanca.
MamlMr N. T. Produce KiofaaoM.

TINKER & WESTON,
BANK.KRH
AND BROKERS,

7

EXCHANGE COCRT,

OEOROK C. WOOD.

Hatch
BANKERS,

tLHUKSTia.

(•

&

L.

M.

SWAN

Foote,

We

make U. 8. Bonds and InTestment Secaiittee a
spedaltr, execute orden In STOCKS ana IIUNOS
for cash or carrr the same on nuuvln. We tniDsaet
INTERa general BAN KINO business and

EST on DEPOSITS. Bmnch

ALLOW
connected
"

Olttces,

by

F. Stafford,

All Bocuritlea dealt In at the New York Stock Rx*
chanjie tHjujcbt and sold on commission for cash or

upon marjcm.
Dcwi.No.
of

Clark Diwino. V. T. Bontccoit.
New York Stook Exchange.)

H. Dewing & Son,
BA\KER«$ A^D BROKf:R!4,
lancee, wliioh ni.iy

W.
BT.

I'rlTstd Wlrali. Tn.y.

Sacarltlesciirricdonnuu'ifln lutarestpaldoDbalanoca

H.

•street,

New York.
i

8

A

Hamilton

&

Bishop,

PINK STRKKT, NfcW Y'ORK.

(Members New York Mock Kxchuntfe.)
Accounts of Banks, Butikertt andt'them recelTCd.
Interest allowed on Balances. A sirlclly CommlssloD
Business in the purchase and sale of stodu and tionda.
I'rlvate '1 eleyraph Wire to Albany, Troy, Synicunek
Rochester. L'tica and BuOaJo. Draw on City Bask of
in amounts to sutu
Special attvntlon given to Secoritlea for Inreetment.

London

>>e

:

DEALERS

IN

ALL KINDS OF

Railroad and Inrestment Secoritlea.
SOrTHEBH SECDKinSS A BFBCIAITT.
A. E.

Co.,

WALL STREET,
York.

Co.,

WALL STREET, NEW YORK.

.tttiht.

Goadby&
Now

&

Simon Borg
No. 8

on t'onimlaslon.
Hitowcd un bai>

BANKERS AND BROKERS,

No.

ull railroads for past twenty
years. l*artiea desiring to buy or sell unquoted securities will do well to communicate.
National
K. M. Smith, < Membera N. V. Mining
Petroleum Exchange.
S. W. SiiiTH. (

^_^_

Stodkfland Botidn Holt
AccuatitA r('>*-iv>-'l

STOCK BROKER.
Lansdale Boardman,

Bought. Sold, and Carried on Maislns.

No. 35

<»

(Member

Fred. H. Smith,
BROAD ST., NEW YORK.
STOCKS, BONDS AND PETROLEUM
No. 20

BANKERS AND BROKERS,

BANK
E K A \ D B R K E R,
milla Butldlne, New York.
HiKAM

Plttsburic.

Intimate knowledge of

No. 13 W^aU Street, N. ¥.

No. 18 Mall

New York.
TcwKkH, Membat N. T. Stook
KCNBgCLJlKH WXSTOX.

flicviiT C.

XO BROADWAY, X B NBW
NEW YORK.
l»PlM>,lte Stock Kxrhunoe.
TUOY. N. \., I« A IS II A 1.1, UClLOINO.

DAVIS.

Member New Ynrk Stock Kxchanpc.

Btocka,

No.

St.

Washington. D C

all classes of Railroad
Securities; mIsu (irain and l*rovl»loni».
I'rlvate TeleKmpb wlres^ to Philadelphia, Wtlmlnc*
ton, Baltimure, Washington. BrldKeport, Mew liavan,

Boston and

Execute orders In all securities listed at the New
York Stock Exobanxe. t'ur Sale,
riBST-CLASe KAIUIUAJ) FIKMT MOBTOAOI B0^1>8.

W.

Chew,

STOCK BROKERS,
S BxcbanaeCourtA

NEW YORK,

ST..

prtvate wire, Norwich, Conn., and Boeton,

Southern Securities a Specialty.

Simons

Co.,

BANKERS AND BROKERS,

BANKERS AND BROKERS,
I

PINE

^

Buy and Hell on comnilMlon

&

Huestis

WOOD

Aoootint* of Baoka and Banken MUclt«<l.
Ooltoetlotu made upon faTorable tenna.

R. A. Lancaster

Wood,

.

n. Chuoeb Oakutt,
May.sahuC. Eras,

looan.

^^

Maverick National Bank,

BONDS

inL'NIClPAL.

BOUGHT AND SOLD.

UEXUr H. DODO*. Waxhlnvton. D. C.
Wm. R. Tkavkhs, Special Partner.

Town and

Cltjr,

INVESTMENT

8i;l,I.

Olreolan with fnU portioolaia mailed on appllcatlOB

INTESTMENT SECURITIES.

SflCty.

BTAB

SKCUUITIKK.
Hare constantly on hand and tor sale Western City
and Farm Mortm^es, bearing ^toHpercent InteresL

James Wbitei.y,

TYALL STREET,
DEALERS

SHEPARD,

TOURO ROBERTSON.

J. J.

&

F.

Co.,

No. 33 Naasan Street Neiv York,
TRANSACT A GENERAL BANKING BUSINESS

:

€. H. STAYNER, Treas.

Asa. p. Poitik, PtmI.

J.

InTcstment Securities.
New York. Baltimore and other plaoee.

Mahoney

F.

JOBX

&

and

BANKERS,

Sts*,

Oeporita received Rubject to obeck at slsbt, wod
Interest Hlluwed on dallj bal&noea.
StookB, Bunds, Ac., bought and sold on commlaslon In
Philadelphia and othnr cities
PartlcQlar att<>ntlon kIvoo to Information resanUns

KAILWAV TUKKT8 OF IMPROVED STYLES.
BOOKS OF XVKBT DESCSIFTIOM.

and Chestnat

COONTRT BANKERS.

accountsof

George Stark

PHI LA DKLPUIA.

Private wire to

UTNaCROPKIC *N0 TYPE PRiNTINe.

14

QIOBOI STAKE.

Co.,

BANKERS.
S.

tftdH nfeenarli to pitreit COmTTESrSIICTS.

3p<ciil

&

H. Taylor

L.

DUAtTS, CHECKS,
KILLS Of KXCIIANOK. STAMPS, «c..

FROM STEKL PLATKS.

Sons,

BANEEBS.
NASSAU STREET, NEW YORK.

Interest upon ttalances.
Special attention nald to INVESTMENTS

Membera N. T. and PbUadelphla Stock KTChmigea,

ICOKI'OKATIONS.

In tho Quest and uiost artistic style

&

T. Hatch

—with

Foreign Governments.

ENOKAVINi; AND PHISTINO,

F. Bale*.

ArlAur X. BaUk.

Personal attention given at the KZCB ANOKS to
the purchase and sale of STOCKS and BONDS for
cash or on marclo.
DEPOSITS RECEIVED— subject tn check at sight

182 Broadway, Cor. John Street.

LEGAL TENDER AND NATIONAL BANK
NOTES, of the UNITED STATES; and for

T.

W.

DIAMONDS.

ONDS, POSTAGE A REVENUE STAMPS,

JIAXK

Benm

HUteA.
ffath't W. T. BaleA.

BROADWAT, NEW TORK.

148

iDooqenM mitt Ltwi of SUU of Her
Rcorc»lird l!i?l>.

97H.

I^inattcial.

AMERICAN
I

NO.

2?, 1884.

^iuatijcial.

Bank Note Company^

STATES.

Meu.

M.IIoi.i.r.-

T-

,ih.

1

DO

«ALL

Stock*, Cottou

M.

-TRKtn'.

.Nl-.W

\OKK.

and Vorclcn Exrhanse

Private Wire to Washington.
BATSMAN a CO.. WaSULNOTUN, D. C.

THE CHRONICLR

11

^0rct0tt

^jecttauflje.

&

Morgan

Drexel,

Street. 31

Boulevard UaaBsmann,

PHILADELPHIA

Issne Travelers* Credits, arallable In
world, through the

California,

Jesup, Paton

Brown

Brothers

&

Co.,

No. 69 IVALIi STREET, N. Y.,
BUY AND SELL

BILLS OF EXCHANGE

Co.,

BACKERS,
WlUlam

63

Street,

And in Francs,

in

BETWEEN

XT

New York.

Accounts and Agency of Banks, Corporations,
and individuals received upon favorable terms.
Dividends and interest collected and remitted.
Act as agents for corporations in pajiiv coupons
and dividends also as transfer agents.
Bonds, stocks and securities bought and sold on

J.

KXNVIDT Tod.

}mihevs atid ^xoUtvs,

33

No. 63

EXCHANGE ON
& SmiTH'S,
BANKERS, LONDON;
BtAMCHESTER ic COUNTY BANK,

PAYNE

•LIMITED!"

OHer Investmeut

;

ABLB TRANSFERS AND LETTERS OP CREDIT

Sts.,

William Heath & Co.,
BANKERS AND BROKERS,
No. 80 Broadway, flew York.
Mambers of New York Stoolt Ezohange.
rOREIGN EXCHANGE. CABLE TRANSFERS.

&

William Heath

Draw BlllB of Ezoh^nfre and tranaaot a Keneral
fln&noial commission business. Partloalar attention
fflYen to Ajneiioan Securities.

William Heath
No. 19

Roe

&

Co.,

Scribe, Paris.

Orders soUolted for London and American markets
forLnreatmentoronmarsln. Hallway* State and City

Loans negotiated.

&

John Munroe

Co.,

No. 8 'Wall Street, New York,
No. 4 Post Office Square, Boston.

CHEQUES AND CABLE TRANSFERS ON

niUNROE &

CO.,

PARIS.

BTKBLINO CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON

AI.EXANSERS
UIBCCTLAU N0TK8

Schulz

AMD

&

dc

B. B.

|

KOVlVTZi:

Wm.M. EARL,Memb. N.
A. H. DAYTON.

BROTHERS,

Unger & Co.,
BANKERS AND BROKERS,
Chas.

Idembers of the New York Stock Exchange,
DEALSBS in KOllEIGX KXCHANOE, GOTEKhlllINT
AND OTUI'^U INVKST.MENT BONDS.
64 IVall St. and 62 Cireene St., N. Y.
Buy and sell on coramission for Investment or on
securities dealt in at the

New York

UOAUBt «

WALJLEB,

Htock

Kxchauge.

J.

M.

B. £.

&

Earl
65

York.

Issued for the use of travelers In all parts of the
world. Bills drawn on the Union Bank of London.
Telegraphic trausfery made to London and to various
places in the United elates. l>ep08its received aubject to check at sIkIii. and interest allowed on bair
ances. Government and other bonds and Investment
securities bouKht and sold on commission.

all

SpeolaL

Dayton,

TO

B9

DBBXEL BUILDING,

New York.
New

liETXKKS OF CREDIT AND
CIROCTLAR NOTES

mar^n.

Y. St'ck Kk. G. H. STATSm,

A. H. MCJKE.

BANKERS AND BROKERS,
STOCKS AND BONDS BOUGHT. AND SOLD
STRICTLY ON COMMISSION.
W. v. CARoLrw,
Member N. Y. Stock Ezch.

M. H. Taylor,

&

Taylor, Carolin

C.

F Ooi

Cox,

Bankers & Coiniuission iStoek Broken,
68 BKOADWAY\ NEW YORK.
Deposits received subject to check at sight utf
Interest allowed on daily balances.
All securities dealt in at the New York Stock Kichange bought and sold on coomilsslon for caah or

upon margin.
C.

WM.

A. BUTTUICK.

Buttrick
1

8

Wall

&

Street.

EJ.U11A5.

Elliman,
New

York.

—Railroad bonds a specialty.—
—Investors are invited to correspond.—

—luformaLion cheerfully

given.—

—Fourteen years* membership in Stock KxchanKe.—
—Orders by mail solicited and promptly attended to.

JOINT AGENTS

Canadian Bank

Ruckgaber,

TKANSFBUS, KTC.

ISiJOB

COMMERCIAL CREDITS, AVAILABLE

IN ALL PARTS OF THE WORLD.
BANKERS,
89 ^riLIjIAia STREET, NEW YORK
T. Bates
Co.,
COBaBSPOXDZXTS 09 TH1E
J ames (ESTABLISHED
InteriiatlonKl Bank of London
1868,^

&

(Limited) London.
nessrs. John Uerenberg, Gossler

Uambars.

mef>«rB.

Leab.

BANKERS,

120 Broadway, Equitable BuikUng,

dealt In at the New Torlt Stook
l f. Mkad,
t. H. Cimns
Member N. T. Stock Bzoh.

all securities

Exchange.

T. 8. Young, Jk.,
Slunby B. Mobsi.
ol Conunerce, Member
N. Y. Stock Exchan^.
16 EXCHANGE PLACE,
POB TBATELBBS.
Morse,
BUY AND SKLL STERLING EXCHANGE, CABLE

CO., I.ONDON.

CRIDITS-

mareln,

GOMXEBOIAL AMD TRAVELERS' CBEDTTS.

Co.,

10 Tlirosinorton Are., liOndon, Eng*

BROADWAX, NEW KORK.

80

dt CO., Berlin.

Co.,

Branch OfBce with Private Wire at 23 West TwentTThird Street.
Buy and sell on commUslon for iBvestment or OD

OABUE TRAN8FEEB, BILLS OF EXCHANGE

niENDELSSUUN

York.

STOCK BROKERS,

FOREION BAI«KERS.

OOBRSSPONDSIlfTa.-

Son,

New

Mead &

F.

I.
York.

BARING BUOTUERS <b CO., LoBdon.
PBRIEK FRERES <& CO., ParU.

&

Cisco

J.

No. 59 \rall Street,

NEW YORK:

LONDON:
PARIS:
^^' E"gl^™Y.T=08 «• DATIS. W. G. H. HEATH.

of the N. Y. Stock

and M^ins Exchanges.

Deposits received subject to check at si^rht aaH
Interest allowed on dally balances.
QoverDment Bonds. Stocks and all Investmoot Securities boMjibt and sold on commission.

Co.,

New

Members

BANKERS,

PARIS.

&

i
{

Dickinson,

F.

BOSTON, MASS.,
Wall and Nassan

Cor.

ALSO.

WALCOTT,

John

IIA.1IBRO & SON,
"J
Jk SUN, AAISTERDAIU.

NATIONAL BANK OF SCOTLAND,
EDINBURGH, AND BRANCHES!

Frank

Securities.

Kidder, Peabody

THE

Office, 320 Broadwaf.
Connected by Private Wire.

Exchange on
JMEI.VII,1>K, EVANS it CO., i , ,,„„„»,
LONDON.
<& CO.,

Negotiated.

Branch
Jos. C.

Sell Bills of

UOTTINCSUER

and Ijoans

Dividends and Interest Collected.
Deposits received subject to Draft.
Interest Allowed. Investment Securities aSped&ltj
We issue a Financial Uopoi-t Weekly.

Bny and sell bonds, stocks and securities in all American. Canadian, British and Dutch markets on commission. Collect dividends, coupons and foreign and
Inland Drafts.

U. OVENS

BELFAST. IRELAND!
O.N

Becurtties. Cullectionsniade

WILLIAM STREET,

VliSTER BANKING COMPANY,
AND

stocks and Bonds bought and sold on CommlasloD.
Orders received in MininR Stocks, and In UnUstwl

iilxcii.

Co.,

Act aa Agents for Banks, Bankers and Railroad
Companies,
Issue commercial credits, also foreign and domestlo
travelers' letters of credit in pounds s&grling Jt dollars.

C. J.

MANCHESTER, PAYABLE IN LONDON

Y. Stock

&

Kennedy Tod

Co.,

BANKERS AND BROKERS.
No. 24 Pine Street, New ¥ork.
Transact a General Banking Business

BANKERS.

BILLS OF

S.TIITH,

Member N.

&

C. Walcott

J.

ALBXANDEB Babino,

H. O. NOHTHCOTB,

Canada, and of Drafts drawn in the
United States on Forelun Countries.

J.

Lettera ot

;

THIS

&

ST.,

YORK.

Credit ou nexlco.

commission, at the Stock Exchan^'O or elsewhere.
Sterling Exchange and Cable Transfers bought

Martinique and Guadaloupe.

Stuart
Co.,
J.
NASSAU STREET.

BEAVER

29

Exchange and

of

Bllla

STC^

Wilson

&

NEW

firms

AND OTHER COVNTRIES.
OIAKE COLL,ECTION8 OF DRAFTS drawn J.
abroad on all i>oints in the United States and

&

of Exchange and make Tele«i»Dl«o
Money on Europe and California.

W.

J.

ON GREAT BRITAIN AND IRKLAND, FRANCE) and sold.
GBRMANV. BELGIUM, SWITZERLAND, NORDRAW CM
WAY, DENMARK, SWEDEN AND HOLLAND.
THB UNION BANK OF LONDON:
Issnc Commercial & Travelers' Credits THE DKCTSCHB BANK. BERLIN, HAMBURG
AND BREMEN:
IN STERLING.
ANDRE GIROD & CO., PARIS.
AVAILABLE IN ANY PART OF THE WORLD.

IKAKE TELEGRAPHIC TRANSFERS
OF MONEV

Bills

Transfers of

&

GOLUHEltii,

Amsterdamr^
ALTMAN & STETTHEIMER,
Berlin^
Am

Europe and Havana.

CO.,

OLD BROAD STREET, LONDON.

22

No.

&.

ALSBKRG

Parable in any part of Europe, Asia, Africa,
u^ia and America.

Draw

Attornets and Agents of

MORGAN

Issue Letters of Credit for Trarelerg
On SELIGMAN BROTHERS. London."
SELIGMAN FK1':HKS & TIE.. Paris
SELIGMAN & STETTliHI.MBR, Frankfmt

Also Conunercial Credits aad Transfers of Money

on

8,

NeMr York.

parts of the

all

and their Ccirrespondents.

Deposits received subject to Draft.
Securities
bougnt and sold on commission. Interest allowed on
Deposits. Foreign Exchanse. Commercial Credits.
Cable Transfers.
Circular Letters for Travelers,
aTallable.in all parts of the world.

KKR

BROAD STREET,

No. 33

Street,

DE ROTHSCHILD,

nCESSRS.

PAKIS.

& W. Seiigman&Co^
B A N

and 21 Naasan

Noa. 19

%xch^nQz^

'gaxtiQu

Co., J.

BANKERS,

BOUESIIO AND FOREIGN BANKERS.

nieiisrs. J. S.

&

Co., August Belmont

STREBT,
CORNER OF BROAD, NEW YORK.
Drexel,HarjeB & Co
Drexel & Co.,
VTAI^Ii

Mo34 South Third

%xchKnQ&,

^0ii;.eifltt

XXXV in.

[Vol.

Marcaard, Kranaa

& Co.

& Co., Parl.«

rommarolalandTravalera'Credlts. BUUof Sxoluuua,
.™-«i»
Cable TraMfarfc

BANKERS AND BROKERS,
mu. BalldlnK, New

COm Qwieva, Swltiwland.

BROAD SIKEET, NEW YORK.

Edwin Corning,
WALL STREET,

STOCK AKD BOND BROKEB.

Members

Cbwdu

No. 29

Transact a general Banking and Brokerage Business in Stocka, Bonds and Misceitaneoos Securities.

38

York.

of the New York Stock Eichanse.
and Cable Tnuisfers on JAMES T. BATES

Young &
BANKERS AND BROKERS,

ft

Member New

Y'ork Stock Exchange.

:

Marou

THE CHRONICLE.

ia, 1684.]

iii

9an1^et» auA Vva^jevs.

Taintor

I

WASIIBIJRIV*
TOWIVSEND

CAL.UWEI.I.,

Holt,

6c

BANKKRA.

BANKKH8 ANU

WALL

NTREKT. NKW YOKK.
ri(ANAACTaUKXKKAI. BANKING bulotn.
10

•.

>KP>)8IT8 rwelToil mid INTKKK.'IT »llow»a on
nftnca*.

iur »nJ

GOVBUNMBNT, MUNICIPAL ud

a«ll

kU.HOAD

Bonda.

TAINTOR.

e.

O. D.

OBO. U.
L'UUILIXB.

HOLT

^eo. K. Sistare's Sons,
19 NASSAU ST., NKW VOBK,

ParohaM and

RST-CLASS INVESTMENTS.
uyoadSell on Commlaalon. for oiub or on mar. all MevrlttM
daalt In at tha New York Stook
lohaac*.
aUract allowwl on dnllT balanoea.
a dspodU rab]oot to ebosk at slgbt.
"artloalar attanUon to orden bj mail or

&

ohn H. Davis
Now Tork A

Philadelphia Stock Kzoh'gea
jrlmte tflleirraphlo communication with the mar1.1., ,,n(l
k» i.f I'l.ii,,.^
Unltlmore.
alln-ir.
1

M

".M

I

-

i^'curltlos t>oii|[ht
,

'.

and

aold,

ON

in any market,
rehaaed f or iDTestment or oar*

IIDBKS, either br

OABLB

or

Aunoa

I

H. Bbown.

HSBBIBT

Fbxd.

p.

Bbown.

Valston H. Brown

Bpe<tel.

Blake Brothers & Co.,
LONDON, ENGLAND,

Co.,

AiND BR0KKR8,

Broad

Holleit accounts and axendea of Banka, RaUwaye
Corporatlona, llrma and Indlrldnala, apon fkTOf^
able terma; also orden for the punduae aad
•ale of Bonda, Shares, Ac„ Aom on CommlaehM

New York

on tl)e Stock Kxchanffe.
Necotlate Railwar. State and City Loana and
lease Commerelal Credlu araUable In all parta o(

Minlns Stook Kzchange.

&

Bass,

the world.

BANKERS,

BROAD 8TRKBT, NBWr VORK.

Nederlandsch Indische
Handelsbank,

Stocks. Bonds and Miscellaneous Seourltlea.
CorreapoDdaBoe Solicited.
Quotatlona aheertntlr tarnished.

&

Randall

AmSTERDAia, HOLLAND.

Wierum,

KSTABLISBED IN

50 EXCHANGE PLACE,
Brokers in Railroad Stocks anil Bonds,
aoVKItirUBNTS * FORBWS KXCaANQB.
CHA8. K. RANDALL,

Member

mall,

Bboww.

a.

"^oxtiQU ganlinra.

K.Liic«ur.

Membera New York and Chlcaco Stoek Kxobaiuai

N. Y. Stock Kzchanse.

OTTO

C.

&

R. T. Wilson

itteutlon.
f

CoiiRmpoKi>BifT«.-Naw York, National Shoe*
Leather Bank: Ijindnn. Union Bank of Londaa.

4c 35 Wall SU., New York,
MILLS BUILDINO. Haom 7, Seemd Story.
STOCKS. BONDS, GRAIN AND PROVISIONS
boiuthtand aold In New York and Chloaco market a.

'I

\iiit't'rsof

J.
BANKRItS

N

&

Turner

C.

tolamph

Co.,

WlIKUU.

Co.,

BANKERS AND COMMISSION MERCHANTS
S Kzcbanse Court. New York.

($4,800,000 Cold.)

HEAD OFFICE

BLAKE BROTHERS

ic CO.,
A0KNT8 FOB NOKTH AUIBICA,

28

Co.,
No.

GEDAR STREET.

63

to a Uenoral

Banking Baslnesa. buy
OOTeniment Bonda and iDTeetment Secnrt

^ii'Jltlon
-•II

James

S.

&

Co.,

BANKERS

CjG Co.
BANKERS,
18 WALL

AND

STREET,

New

Buy and

Sell

A. M. KISDIB.

AMSTERDAM, HOLLAND

BOX

JAMC8, Member
Mem
N. Y, Stock Kxch.
.V. Y. Mlnlnjt Stock
A
1»^ll!!KN T. JAHXS, Member
Nat'l

jI.N' 9.

lax PoNDiij.

A uousnrg NATHAN.

&

Pondir

Co.,

1,000,000
Ucaerre Fnnd, jCSOO.OOO.

HEAD

25fiNe§T. -f^eujV0RK>

Skks, Bonds & Investment Sccnrlties
'iO

EXCHANGE PLACE,

rderi

eTacuted on the London and Knropear

N. Y.,

or

reputable Seourltlea

all

OPKN MARKET. LOANS
COMMERCIAL PAPBH necottated. Interest

boUKhtandsoIdln tho
and

paid on

DKPOSITB. subject

OFFICE, THREADNEEDLE ST.
BBAlfCUES

Bond Street,
LudgateUlU,

Purcbaae and sell nn Commission GOVERNMBNl
and RAILROAD BONDS and STOCKS, and r.ll
daasea of Seearlllea dealt In at the NEW YOKK

STOCK BXOUANOB,

Tottenham Court Road

Paddington.
Aldgate,
Old Street,

Knlffhtabrldge,

Uolbom.

London.

The Bank, while conducting the gen
of ix>ndon Bankers, glTea speda] altei
tantlon to the
Agency of Foreign and Colonial Banks.
A. O. KKNNKDY,

to cheek.

Bank of

lBoodf|«

Australasia,

(INCORPORATED
4

Tbreadneedle

fit.,

S'EWART Brown's Sons,
!<i4k«

PINE STREET,
NKW YORK.

and Bond! bongbt and sold on Commlaalon.

C. BCMBERT,
iber N. T. Stook

M

Kzcb.

John j. 0. Hcvbibz,

&

So,

BANKERS,

aN BrondWRT. cor. exchnnge Place, N. Y
Branch OOlcr, lUS Ln Malle St., Chicago.

''•-•^'•""
TlS'AT,'''''' "

"•^-v:

"

HTnrK

BUSINKSS,
**'*i-K "*

l.MKUKM- ALI.OWKI)
"""^"""S
SUBJECT TO CUBCK AT SIGHT.ON^'dBPOb/tS

TIBS.

•fi

C. Humbert

I

&

..

D

„
A. DOODT.
.

BANKERS AND BROKERS,

Ro. »9 WALL
D zn, Bunsora,

&

BANKERS AND BROKERS,

84

Box

447.

,C.

W. MOLILLAN
JB.
"•"" ""•

BBDBBII LBUUro.

York.

£1.800.000.

Qnaranree and Heserre |i%nd». £717,710.
and Drafts leaned on the loe
branches of the Bank In the Colonies of Queensland.
New South Wales, Victoria. Seuth AuatralirTajmal
Bla and New Zealand. BlUa negotiated or aent for
CoUeoUOD. Telegraphic Tiaaafers made. Depoatta
recelTCd In London at Intareat for fixed perloda oa
terms which may be ascertained at the ofllce.
I.«tt«ra of Credit

P RIDKAUX BBLB Y.

Hong Kong &

Becretaot

Shanghai

BANKINO CORPORATION.
CAPITAL (pald-ap)
17.800000
BBSKBVBlrUND
i...!!..! iiflo'ooo
BBAD OrrWB, BONO Kosa.
Con>orallMi grant Drafts,

laana Letteca of
r-ISif,
Credit for uae of TraTelers, and negotiate or collect
"'-""•"
Bills payable at Bombay, Oa.cn tta. Ting

Co., UNITED

BROAD STREET,
New

•* O-

STREET,
niw yoke

Toward Lapsley
{o.

Son,

1836.)

London, EoKland

PAID-UP CAPITAL,

No. 88

Co.

•

Y

I
(

A

LONDON, ENGLAND.
Inthorlzrd
CnpltRl,
-.-•
• -*4, 000,000
'-^
K
lu jv,^nbacrlbrdCnpllnl,
t'npTlnl, . ..... 4,000,000
I'ald-lp Cnpiinl, ......

,

j
Petroleum Kzch.
Bonda, Ac, booRht and sold for cash or on
mancln.

ics,

BB08.

(LIMITED,)

H. J. M0B8X.

<

Buun

The City Bank,

afiw.

Wayi.an» Trasx.
W. C. IlQiIih

(oUTpfs,poiiDEN 3Jej^i;ins.
BBOAD STREET,
NNEW YORK.

3

N. Y. Correspondent^-Meaata.

Inveataaent Securities.

Commissiou Stock Brokers,
f*.

oonnissioN hierchants,

York,

Tranaaot a General Banklnn Buslnesa, Ineludlmj
the pnrohaae and sole of STOCKS and 60NDS for
cash or on margin.
P. o.

ohn

STATE STREET. BOSTON.

Adolph Boissevain & Co.

BANKERS,
No.

WALL STREET, NEW YORK.

18

&

Son

Crilman,

AMSTERDAM.

IN

Agencies In Batavla, Soerobaya and Samarang.
Correspondents In Padang.
Is«no Commercial credits, make adranoes on shipments of staple merchandise, and transact other
business of a financial character In connection with
the trade with the Dntch Kast Indies.

& Bros

NASSAU STREBT,
NKW YORK.

NO. 30

'

1868.

Pald-Up Capital, 13,000,000 GuUdere

BANKERS,

!

Y.

ThIabankhaa anparlnr faollltles for aaklna eol.
leotlona on all acoeaalbia polnta In the United
Btalea, Canada and Buropa. Liberal terms eztvnded
to aooonnta of bankara and marchanu.

W

CoixJ.'njunB, JA>.T<numk
Memb. N.T. Stock Rzoh.

alao

lUNKERS AM) BROKERS,
WALL ST., NEW VORK.
iio. 17

rr.

I.AKH>a C. AaRBcm.
OHAa. J. TOWNSCND. Member nTt. stock BxtAaiim
C. B.

Rolston

ItNB.

*300,000.

•

BUFFALO,

Interait allowed on depuiiu rabjeot to alcht draft.

aO
BSTABLISHBD

Buffalo,

CAPITAL.

Bale of aU SeeorlUea dealt In at the

CAU>WUX.

C. CoB.>iwaLi..raahlar.

Bank of

BROKRilS.

WALL STRBKT.

New Toik Stook xebanse.

IS

DRAI.KR8 IN

8

William

Tranaaot a (enenil Bankloc Biulneaa, Includlns th«

PruTldunceand Bottoo.

^rlT«t« telagrmph wlroa to
^

No.

•aaiuiA.N »..ltw«TT.Pres. JoaiAB Jawrrr.r.Pra*

BANKERS,

Wall

BANK BUILDING,
Street,

STOCKS.

BONDS* COUXSSOIAL PAPER.

Corner Broadivay.

Stocks and bonds bought and sold on oommlsalon at

New York Stcj*

Exchange.

AdTanoesSS?o" bS.U

naaa paper and other aeourlUea.

A. M.

E.

TOWNSEND,

AgeBI, 4» Wllllaai St.

Wuthmann &

BANKEKS,

Co.,

BBEJdEN, GERnA>iV.

THE CHRONICLE.

!y

^0VCi0tt

Imperial Bank of Canada.

Bankvereeniging,
B. W. BLIJDENSTEIN & CO.,
nOI.I.AlKB.
AJIISTSKSAM, . • Established

1861.

CAPITAI. (paldnp), - - -$1,500,000
SCRPIiUS,
$678,000
n. 8. UOWLAND, Pres't. D. R. WILKIB, Cashier
HEAD OFFICE, TORONTO.

.......

Catharines, Port Colborne, St. Thomas, Ingersoll
Welland, Fergus. Woodstock.Wlnnlpeg, Man,,

Brandon, Man.

Amsterdam.
BRANCHES
liOndon— EXCHANGE & INVKSTMENT BANK
Office,

B. W. Blijdknstein <t Co.
Nos. 55 & 60 ThrSadneedle Street, E. C.
Paris- Anciekne Maison Leon & DuEHEn,

COMPTOIU UE CHANGE,

Agents in London
BosAN'QUET, SALT* Co.,
"

AGENCY OF THK

LlMITaD.

Transact a geDcral Banking and Comnitsslon Bust.
ness in Bills, Stocks, Sliicea, Cou:ions, Ac.

Messrs. KNAUTH.NACHOD

THE
Anglo-Californian Bank
(LTT.TTTED).

liONBON, Head OIBce, 3 Angel Court,
SAN FKANCIsroomce,422 Csill^jrnia, Bt.
NEW YOItK Agmits, J. & W. BellKman & C».

No. 52

OIlfC'UI^All NOTES* Issued

in Pound" Sterling
parts nf the world.
COM.^ilKCKKIMT.S I.-iSUEIJ for use in Europe,
1 hiiia, ,IapHn tiiul tho
lOa-' and West Iu(lic.<.
Also,
in name of
l,(>\I)0.>i iV BiJ AZII,! \N
B^NIi. Limited, available in the Bra/ils, Hiver
Plato, &c.
.tiills collected and other hanking business transacted.
J). A. McTA V ISH, / .„„„,„

available in

all

CIAL

NEW

H.

LTLIBNTHAX.

&

&

Gzowski

af

I

AlH.Tf!' Kank-Trfindon.

60

WOOD STREET,
PITTSBURO, PA.

No. 97

Dealers In f^oTornraoBt. Plati?. rminty. Mraiktp;
Uonds. KxucuU^ iTtltTd iriall BfiSUK.
lititod ut the
JSiew Vori: and rhUadeUihia^
i=to(!k Exch;i.iii;o.'* by I'rlvat.e U inj.
\

TVRIVER &

Gerlach,
baivke:k8 aivo brokbbs,
CHESTNUT HTUEtTT,
Pillf^AOELPIIlA,

^ufllaiitt ^'AvCktxs.

&

CO.,
No. 35

ExchanKe.
Stock Exchange.

J

SnuEUAKEK.

Jos. M.

Estabrook. Jos.

CONGRESS STREET,

MFvnimi
fllEJnsEns 5 ""^ York Stock
phiiartulphla

BOSTON.

"gmihexs.

Bank of Montreal.
CAPIT.II,,
C.

P

-

-

eailTHliKS, Pre

W.

J.

BOSTON STOCK EXCHANGES.

No.

$13,000,000, Gold.
50,000, Cold
BicJent.

BUCHAi^AN, General Manager.

PH I ADE LPUI A.
L,

(Formerly CHAS. A.

Sc

Watson,'{Agents.
( .„„„..

Al;.x u I.iNG.

Buy and sell StcriinK l':rrhunKe, Francs and Gable
Transfers; grant Conuaercliil and Travelers' Credits,
available in any part, of the world; issue drafts on
and make collections In, Chicago and throo^outthe
Dominion of Canada.

I.ondon

Ofllcc,

No. 9 BIrchIn I.ane.

Merchants Bank
OF CAJVADA.

H.

•

The New York Agency buys and sells Sterllna Exchange, Cablo Trannrers. Issues ('redits available in
all parts of the world, makes collections in (^auada
einowhere, aiKi issues Drafts pnvable at any of
theofBoesof the bank in Canatla. Every description
of foreign banking business undertaken.

wd
If

ew Tork Asency, No.

61 'Wall Street.

HENRY IIAOUH,

JOHN B. HARRI&,

(

JR.,

f

.

Agents.

sell all cla^ises of Western Peniwylwito
8eciiritl-^a. Corresoonrtencc solicited.

WM. MIDDEN0ORP,

BANKERS AND BROKERS,
(KKYSEIt BUILDING),
& id GK14.MAN STREET,
B.% LTIIflOHE, SID.
Members Baltimore Stock Exciiange.

Dealers In MDnlclpal. State and K^u.'road Bondi.

Nos. 23
Box 397.

Bank of Deposit,
Hi Devonshire & 20 Water 8tg.,cor.opp.F.O

BO

Interest

on

S

T ON

Wilson, Colston

.

tlfposils subject to check.

JSonda and other investments bought

and

A. Hawley

&

Parker

&

SOUTHERN

DEVONSHIRE STREET,
BOSTON.
E. Jackson & Co.,
BANKERS.

]nU>DI.ETOWN, CONN.,
Btiy and sell <3ovemment. State, MunlcH>sr and
RaUroad Bonds and Stocks. Investmdnts for Sarines Banks a speoii^lty. Collections made.

SECUftITIB8i

and Infonnatlon ™'

Robert Garrett

&

A Co.

._

Sons,

BANKERS,

BANKERS,
C.

ami

Dlsbed.
N. V. Oorregpondenta— McKlm Brothers

Stackpole,

No. 60

Co.,

BALTlMOnEI.
INVESTMENT
specialty.

Correspondence solicited

Co.,

&

BANKERS AND BROKERS,

sold.

Correspondence invited.
Orders ereeutcd ut lloston and Neic Tork Stock
Exchanges, of which we are members.

F.

\V5I. B. OtlYKB.

Middendorf, Oliver & Co.

•

PLUMMEU.

Boy aad

J.

STATE 'STREET,
BeSTOxN, MASS.

AHsiatant General -..>.»o«oi.
Manager
BANKE11.S;
IjOKDON, HNQ.— TheClydeiaale Bank (Limited.)
MBW YOKK-The Bank of New York, N.B.A.
J.

Co.,"

Co.),

BANKERS.

$5,700,000 Paid Up.
$l,l.;o,000
President, ANHtlEW ALLAN, Esq.
Vice-President, Robert anderson. Esq
JIEAD OFFSCE, ITIONTREAI..
GEOIIWB HAQUK, General Manager.

Capital,
Beserre,

Co.,

No. 40

JOIiK OFFICE,
61 WAIiIi STREET.
W.^i.Tr.ii

Swxet &

&

BROKERS,
PITTSBURC, PA.,

BANKERS AND BROKERS,

NSW
Nos. 68

&

Dupee

lAjpHTt.

BANKEUS AND STOCK BKOKBRS,
134 S017TH THIRD STBEET

Oealers In nnnlclpal, State, RaUroad
and United State* Bonds.

Perkins,

UOBEKT M.

Geo. B. Hill

ALRO,

^

M. Shoemaker & Co.

MEMBERS OF TUE NEW YOKK AND

©aiKtxliatt

'

Orders oxeftuted by pnvjite wiro in New York, Bobton Hnd BaUiniure.
Drafts issued on all principal points In the Uitfted
States and Kuropc.

BANKERS,

THEEADNEEDLE STKEKT,
1.05SD0N.

&

Narr
No. 322

AMT^niCAlfi BAIVKERS, Brewster, Cobb
A. P.

&

Co.,
BANKERS AND BROKER?,

ITIKS

.^

STUTTGART, GERMANY.

l:)-

Bfltl lt:iilroat!

clal Bills

Au.crican and

Co.,

IN CAR TUCHT8 AND OTHBB
VBSTMKNT 8ECUR1T1K3.

Rea Brothers

Buchan,

TOKOKTO, CANADA.

IJcw

Co.,

STOCIC KXCIIANGE.

Stocks and Bonds bonght and sold on Onmrebv

Cashier.

Narr

4,

No. 33 South Third Hlrcct, rhlladelphla,

f

Prompt attention given to Collection of Commer
and Canadian Funds on all points In Caniidn;
lerling Ezcliiuiee. and Stocks, Bonds,
etc.. bought and sold.
C'>rree!iondcnt8— Bank of New York, New York;

P. N.

No.

IWASS.

Clark &
BANKSaS,

W.

DBALKUS

Agents.

STIKEMAN,

Transact a conoral banklne bv.slnets. iMfeCoio
inorciul credlt.'<rtnd BillHof KxchiirHe. aTallabie in al
§art« of tbo world. Collections :ir,(l orders for Bonds
lockB, etc., execiiteO unon the niofjt fuvoruble terms

I'lVATZ .WKINAART, J "*"*««'••

EOSTOV,

and Irelan.l;
San Francisco and

Chifago.

BANKERS AND STOCK BROKERS,

•

Studley,

No. 4 Exchaaso Place, Room

Cable Trans-

$o,ooo,cco
1,500,000
350,090

-

Samuel G.

COMMISSION STOCK BROKER,

E.

WALI. STREET.

sell Sterling Exchange and
Lsriuo dcmiind drafts on Scotland

also on Canada, British Columbia,

BOSTON Correspoiid'tB.MassacliusPttsH. Bk,
Intborizcd Capitnl, Paid-up r&i>lta], - BeBerve Fiiud, - • -

I.

w

North America,

British
fers.

& KUIINT;

PltOVIOENCE, K.

pealers In Commercial Paper, Government «nd
other lirst-class Bonds and Securities and Forelim
".wsu
Exchange.
Private Talegr-Anh
ir e to Ne.T York an d Bosttin.

OF

Buy and

Wew York Cohuespokdests

WEYBOS»ET STREET

63

MEMBER OF BOSTON

Bank

& Co.,

BANKEKS AND BROKERS

Bank

|

Rue de Richelieu.
Rotterilam-DE WISSEL- en EFFKCTENBANK.
EH«chc.le-B. W. BLIJDENSTEIN, JB.
CO.

I

73 Lomb:ird Street.
Promptest attention paid to collections payable in
any part of Canada.
Approved Canadian business paper discounted at
the ncad Oflice on reasonable terms, and proceeds
remitted by draft on ^'lew York.

112

AInielo-LEUEBOER &

& Sterling Exchange.
Agents In New York:
op Moktreal,
50 Wall Street.

Dealers in American Currency
:

Head

Wilbour, Jackson

BliANCUES:
3t.

—

Snbscribed Capital 8,000,000
G uUderi ($8,200,000.—)
"
(16,144,680.-)
Pttld-Up Capital, 7,861,700"
HeserTeFund,
1,258,874 34
($503,550.—)
,

XXXVin

CS^anattiiiu giiixlijers.

^ItttllCVS.

De Twcntsche

[Vol.

No.

7

SOUTH STREET,
BAL,T£MORK,

TRANSACT A GENERAL DOMESTIC A™
FOHKION BANKING BUSINBSS.

B. H.

BtlKRDSS,

Pres't.

A. K. WAI.KBB, CssUW

First National Bank,
IVItraUNGTON,
Collections

made on

all

N. C.

paita of the Unltrt

Sisle

..

'

Mahcii

TIIK CIIRONICLR

"SM.]

22,

iloittUcvu i^auUcv£

rhos.

&

Miller

l\

2V\lCttOll JiJllCB.

STOCKS

Co.,

IIANKKIIH,
Tioiiii.i:, \i.\ntn.t.

liONDS

and

At

Auction.

TiM UndenlKiiiMl
BKlAia

OF

nU olOMca ot

uf

6TOCKS AND BONDS

f New Vort
Now OrlMna:

OP

CAPITAL,
HIT* (iwiiil

HOUSTON,

ADRIAN
No.

Texas.

ntuiittun to

oullaotloni

on

ASSF.T.<i

M DIALER

II.

siiriilii

^vuiU

all

All

(!:oinpaiilcs.

and

the Bank of Durham,
Uth ample means, and
tnv fn
.

t^i^ "^rute.
['

-L

::.>n

:

c,

N.

rnpllal,

Surplua,

-

-

company

int<w.'nri

t«

...1.1

br no
Invites correapoadonoe and paya

whi.

^.

.

.

3,SI8;03B

-

s.

ALLOWED ON
:•

I

Btc

iii'J,000,000

a legal doposltorj for moneys paid
iiiithorixod to act u« Kuardlun ur

la

roc.M\

facilities excelled

.11

I

r.^rest for
.iiiPHnr.

.

eMates,

I

MEKtHANTS' NATIONAL BANK,
aiCIl.nOND, VIKUIMA.
CoUaotlona roa^to on

Tna; prompt

Suuthem

all

.louN

LNKBK8 AND

President.
VIoe-Prfa't

SOTT.

It.

0(>.M.MIS?IO.N

Rir«IMO>D, VIKGIM.l.

the Funding Act

.i.lBr

•

aaedt;

fufi* per cent coroml!.porcent bonds, sectuod
BU'cK la Uia Kurtii Carolina
.

>e"
nen on in« Mntes

>n.

kUroad. for sale.

.

u. C. roiTiT.viY. ITes. KiixesT

BANK OF
NATIO.VAI,

II.

&

Texas L^and
coMi'A.yy

Safe Depositee Storage Co
316 &. 348
of I.<!«nurd street.
Itecelveaforsafe-kceplng,
til
Bonds, Deeds. Wills and other valUHtile
ware. Jewelry, Paintings, tsllk Goods.

Broadway,
Nc
UNDER

C.ir.

Wm H. .Macy,

rhclpa,

1). Willi..)

:

Hunt, .lohn

J.

Jnmes,

I

Astor,

'

Lli.hn A. Stewart,

J. Cisco.

B. Chittenden.
John ll.lthunaes
Anson P. Stokea.

iS.

Accounts,

Clinton Gilbert.
l):inlel D. Lord.
(;eonte T. Adoe. Krastus Corning, Edward Cooper.
SiuBuel Sloao.
L. THORNBLL. Sccrotarr.
LOUIS Q. HAMPTON. Assistant SecretJirT

jw Tork CorrcspondenU;
iBlakc BiKis. Ji Co.,

^pttViXl ;iuucstmjeutB.

Geo. H. Prentiss & Co.,
No. 11 VTALL ST., NEW VOIiK,
AND

BROOKLYN.
GAS fSTOCKS

308 inONTAGI/E ST.,

WBLLESLET,

General Msoaaer,

Daixas. Tiias.

(lontana National Bank,
UULKNA, n. T.
STATES DEPOSITORY.

ipltal.

$350,000

A. BaoASWATKR. Prea't. A.O. CUkRiut.V.-l'roat.
E. SlIAItPE. Cashier.

;0. FONS8.

(

President.

X

S TATE BANK.
Incorporated ItiTS.

I

C. T.

WaLKBK

Caablar.

I

German Bank,
LITTLE HOCK, ARKANSAS,
•pital (Paid In)

.
$250,000
Prompt attention Klven to all bnainess In our line.
S. V. Coiiiir.spdNi.tNTs.-iJonncll, I^waon A Co.
d the Mctroi).jnc;m Nulional lUink.

M. Tbokntok.

•

-

•

Wm. W.

Tbor.>»tom. Cash

tiior:«to.\

r.

<h»laoUBhid

ANK E K

.S
A N O
onKLLYVIUJC,

son,

a.

U

O K E n N,

It

i

.orc^.New
uers

Bank
:..l)

iti.
Third
nunX.CblOaA' •

dc

CO.,

OLIVE STItKKT, ST. LOUIS,
Dealera lu Weatorn Secnrltlea.
305

"

pafanlted Bonds of Ml.....rt K>n..4s«nd llllnnlsa

prJJ'i.rHSirrcranoas in

i-

:.rln.from
„

V.

SU

Louts, tianks ucnoralty.

GAS SECURITIES,
Street

CHESTNUT STHEBT,

01.1

appointee.

kmiwn

to the law.

All trust assets kept separate from tboic of the
ConaiMiny.

ehmmo
Fire and Biirslar-Proof Vanltit,

proterted by Inijjroved time locks.
Will> k..,.! i:i ViLiilis nirl,,,m rharuo.
arue.
Bone
II valuables
securely
ate charges.

Car
Moiu.

.securities for sale.

1

1

interest.

L

JAS. LONG.

IIIK^TKK CLV.MElt. V.-Pros't.
MAULON S. STOKK-. Treasurer A Secretary.
D. K. I'ATTEUSON. Trust Officer.
DiiiKCTOus.— James Long, Alfred S. (;illett. Allison

White.

ciork

uWallSu

BKK GAS QUOTATIONS IN THIS PAPER.
W. W. WALSH

0«O. H. PBXNTI88,
^^«mber N. V. stock Rxchanve.

Reed

Clias. P.

Turner, M.

I)..

Pattun,

It.

IHimiSBtiKi;

ha,

.1

llle>ter< lyraor.ll.
S. Doty, .vlirFLIN;

i,

IIINTINOIMIN

—WB8T
W

Mo.-jiirhan,

The Brooklyn Trust Co.
This Company

Brooklyn. N.

stj.

authorized by

Is

ai>eetal

aaleof tioTemmentandoi

chsrsr

r.-

^

Henry Sanger.

_

•'"'"'

'•

Kflnid

Martin.

W.

Corlles

MIririChnuncey.Kred.croniwell
c.

Wm.

W;..,d,
Ripley Holies.
|i.

WM.

II.

ll. .Male.

MALE. Secretary.
'"^'-

JAB. R. CtmnAS. Asalstant Secretary.
,

Beers, Jr.,

No.

I

Hills Bullillnp,

S.-S

Wall

St.,

Now

York.

«l,000,0a0.

Designated as a legal Hepository by ord-rol Sapreme Court. Receive dep->alis of money <.n Interest,
act as Hacal or transfer agent, or tn»toef.>r oorjoralions and accept and otcnt.. any legal trusts from
persons or oriwr.;'
., favurablo termi
as
other

aJmt'arc'.iii).

.

TH('MA^

FREnt:nii

WALTSB

.,

J.

K,
.ii-y.

BRirriM,

Presldar^
Vloe-I-KHdaiM

8Mnt^.

Bondf

new; street,
NEW

rORK.

H. L. Grant,
No. 145 BROADWAY,
NEW YORK
CITY RAILROAD STOCKS k BONDS
BOUGHT AND

PAID IP CAPITAL,

V.

S<^aritleii, City
Gaa Stocks, dtc.

business. wlL

Henry K.Sheldon,

<«.

Brooklj-n

.....ont depository

.'' "»•
E. 't.'?'"'"""''.
Plerrepont, ^V'."
A. A. L..w.

'^-

WINTRINGIIAM,

P.

36 PINE STKEKT.

iiUKS, Vico-Pres-t.
'.

1

and Dersoa.

.

J.

u

.,

Kellelous and ebarttali:
anaccustomed to the tr.
And this Company B..,r<
formooey.
KD.M

FOR SALE:
GAB, INSURANCE, BANK, CITY RAILEOAD
AND TRUST CO. STOCKS.
Send for list publielied Mondays,

N. T.

j.

set as receiver, trustee, guardian, axecntoc or al
minlstrator.
It can act as agent In the sale or manageinent oi
real ^estate, collect Interest or dividends, reoelv,
reKlstry and trunafer book., or nv.^Ui purchaae
—••••<
aae

i."'!.".r-Ko''f-

INVESTMENT SECURITIES.

C

Kkadinh: Edmund

i:.

;:

Montague A Clinton

BONDS

AND OTHER

J

CaESTEii; W. W. U. Uavla. lJovi,icsTOWi«: Chas. .
=
Cooper. A I.I.E.VTOWV.

Cor. of

RAIL. ^V AY

I)

Itobort PatKelly. .M. 1)

W.

,ot

.:

r

w

Agoow, M.
Thcodor

II. H. Houston. John
(i.
Ilinidlng.
Engel, Jacob Naylnr Stinmel Itlddle.
-

Flagg,

William s Price, .lohn

Slonroc, Jos. I. Keefe. Tlioa.
Nead. Jos. B. Martin, IJ. Hayes
Pllir.AliKr

&

No. 52 triLLIAn ST RE E T,
BROKERS AND DEALERS

Pros'!.

I.

ten>(.n.

Railroad Stocks and Bonds
AND ALL KIKDe Or

BROOKI..YN SECURITIES
DEALT IN.

BurKlar-Pr<wif .Safes an<l Boxes (having chrome
steel lioors) to rent ut »,5 to 100 per annum, in their
sew and cleKunt
steel.

xUetropolitan Trust Co.,

1S71.

F. KDi.i:iIF.R

.idge*Co.,01

Co.,

Anthorlicd Capital
$1,000,000
Paid-up Capitol
000,000
Chartor Perpetual.
Acts as Executor. Adinliilstrator. Asslxnee. Kecclrer, liuurdlun, Atlorncj, Agent, Trustee and Comniitt«e, nloL* or la cunnoitloD with an Individual

Alex.M.\Vhlte.

.lnln«Ccantl»«

I

prk. L't.
Ktlonal li......

Itafarenoes

on AND

II.

li.I.rNOW.

Id Proce

:

The Union Trust

1H30.)

Dplleotloiisni?!-!"!'! ^Iip!hva...,l in!

t.:

I

;

C. B.

Wall street.

I

Takes charge of property collects and remits Inand income promptly, and nlscliarKcs faith-

'ansact a seneral KInanclMl luid Asency Uustneas in
the State of Texas and Europe,

UMTEU

UBNRr

fully the dutl.^s of every trust

Mortgage

!i

'

.tc.

Hobt. B. .Mintum

Ueo. IL Warren.

.''.M.IIiioklnKimm <;eori.'e Uli.ss.
IL H. Laaronce. Wllliiim I.ibbey,
Isjuio N. Phelps. John C. Brown,

terest

LiiHTEn.

t-t

Safes to rent I'rom $10 to »200 per year.

PHILADELPHIA.

(OF LU.>DON, E.>f;LAi>D),

!

(i.

8. C.

TUB

'

'.

Wilaiin

n.WKINO ASSWIATIOM

isijcstcvu gauUjers.

jairisan
>On*s

Charles K. mil.

Phisolb, Caab

BPKIAL Attention oivin to CoLLicnowF.

REFKIt

un

WILLIAM II. MACV. VI,.n-l'r..Hl,1ont.
JAMES S. CLARK. Second VIce-Prea't
TRVSTBES:

CIIARL.E:»)T0N,

CUAKLIvNTON,

w.

,.,_

JOli.v A.

nan. n. Arnold, Ulamea Low,

John

MANHATTAN

I

"rUnh.

log.

monejr.

-

Thomas .•^loc>iml), W. W.

CO.,
MKRCUANT3
&.

>^;>iAit nt;it\\\. \ l.'o.I're.lilent.
H. WI.NO, Vice-President iind Actuary.

ASA

* '-tial-

polnta on beat

DKANCH,

P.

FUKii.

TnonAS BRAXCII

I

ii

nepB, as wiill as reU.^um'
• Ill find this conii'ans'

roturii*i.

iBX F.Ol.Kxx.i .>h.

I

and

i.

-Idont.

.

1

iind wiitt.li'Hwn after

tiiiio,

;iti>

DEPOSITS.

tbe»

to eollectlons.

;•

United States irust Co.
OF .Vfir TORK,
No. 40 WALL STHRIv-r.
Ttilj

DC;BHA.n,

4 at^food uarefully

collect.

P. A. WlLBr,
Ciublor,

Preildaot.

ti

H|.

Tlie

BKNJ. A. B0TT8.Pr»»'l

W. T. Bl^CKWILU

»:i

SON

A.

A. B"t(ii, I'tTK'l: K. A.Kloe,
linttn, Kob't llrawster. 8. K.

;B. K. XV l.YlM)t. i_-4»Llor.'

fill..'><i». I l.i

PINE STr.rrT. SF.W YdKK.

T

iiilii
i:

Tbir.l Mo., -^.l, IHOS.

(CHARTER PKUPETUAL.)
CAPITAL
*l,000,000

WKD.NKgDArg AND 8ATURDAV8.

(Id00,000,

Houston,
Wn

C6.

FIIII.ADELPIIIA.

Inconiomled

oa

HE CITY HANK

I

Provident Li fc&7>ust Co

BEOULAR AUOTIOM

liulit

gompau

Sy»gt

SOJJ>.

Sea quotations of City Railroads In this paper.

E.

8.
T

Bailey,

PINE STREET.
DBAI.IXOX

INSURANCE STOCKS
I.-*

A SPECIALTY.
Cash paid at one* for the above secnrttlas or
« 111 be sold oa commission atselier'sopuon.
i

thn

!

,

THE CHRONICLE
^prjecial %nvt!tstmtnts.

%utty:tstf

giwMjettjfts,

lANADIAN

PACIFIC

C
No.

The

company

MORTON, ROSE k CO.,
Agents of the company, Bartholomew House, IjOndon, England, or at the office of

STOCKS,

CO.'S

TELEORAPH
Bank

Stocli «*,

W. J. MORPH^', Prea't.
Geo. B. IjOving, Sec'y.

Messrs. J. KENNEDY TOD & CO.,
Agents, No. 63 WlUIam St., New York.
CHARLES I>BINKWATBR, Secretary.

STOCKS,

Insurance Stocks.
J. P.
J.

Smith,

d.Reed,

rNION TEI.EGKAPII
WESTERN
COMPANY. New Yokk. March
DIVIDEND

Vlce-Pres'tB

Texas Investment Co.
LIMITED,

OF FORT WORTH, TEXAS,
DEALERS IN ALL KINDS OF

LIVE STOCK, RANCH PROPERTIES,
SECURITIES,

&c.
Paid-up Capita'.$100,000. Surplus,$50,000

12, 1884.

No.

67.

The Board of Direct<,i-s have declared a dividend
of One and Three-fourths per cent upon the capital
stock of this Company, from the net earnings of the
three months ending 31st instant, payable at the
oflSce of the Treasurer, on and after the 15th of
April next, to shareholders of record on the 20th
day of March Instant.
The transfer books will be closed in New York and
in London at 3 o'clock on the afternoon of March
20th Inst., and be re-opened on the morning of the !id
of April next.
B. H. ROCHESTER, Treasurer.

XJOMESTAKE MINING COMPANY,

DiRECTO^is.— A. M.

Britton. President City National Bunk W. J. Boaz, President Traders' National Bank J. P. Sin'th. Mayor of Fort Worth, and
of the banking firm of Tidball. Van Zundt & Co.; J.
D. Reed, Ranchman and Director in First National
Bank; W. A. Huffman, dealer in Agricultural Implements Sidney Martin of Martin-Brown Co..
Wholesale Dry Goods W. J. Morphy, Cattle Dealer
George B. Ijoving, Manager Loving Publishing Co.;
J. F. Evans. Ranchman and Cattle Dealer.

No. 15 BitoAD Stkeet (Mills Building),

New Youk, March

;

;

DIVIDEND NO.

17, 188i.

(17.

.

;

;

;

Attention

Investors,

$200 to §20,000.
Seven Per Cent Semi-Annual Interest net to Investors.

The regular Monthly Dividend— Twenty (23) Cents
per share—has been declared for February, payable at
the office of the Company, San Francisco, or at the
Transfer Agency in New York, on the 25th Inst.
Transfer books close on the 80th.

LOUNSBBRY & HAGGIN,

QNTARIO

PANY, (Mills Building,)
York, March

H. P. mORGAN, General Agent,

Farm Mortgages.
SIX PER CENT.

EXTRA CHOICE.

Large and

Experience.

Send for descriptive

W. HARRIS

No.

LOUNSBBRY & HAGGIN. Transfer Agents.

NOTICE.
TH09.
January

A.

City Clerk.
St. Paul, Mlnnesola

10, 1884.

The

^F Solid 10 Per
RAPID ACCrmUIiATION.

Risk;

SATURDAY, APRIL

For Circular Address the

Farm Mortgages
In Sums of $100 and Upwards on Indiana and Oliio Lands.
NOTHING SAFER. ALWAY^J PROMPTLY PAID
SEND FOR PAMPHLET.
JOS. A. MOORE,
84 East Market St., Indianapolis, Ind.

TO HOliDERS OF DEFAULTED
BONDS.
The

undersigned Invites

holders of

all

correspondence

WESTERN DEFACXTBD OR with
RBof

PUDIATBl) BONDS

Cities, Counties,

Townships

or School Districts. Will purchase at best rates.
Give full description and address

T.

jr.

CHEUr, JR.,

St.

Josepb, Mo.

Chicago jRailway Co.
PROPOSED NEW BOND

5,

1884,
all

the

tlie

WINSLOW, LANIER &
GEO. W. eASS,
L.

H.

MEYER,

CO., 26 Nassau
2 Nassau St., or
19 & 21 Nassau Street.

81.

Car Trust Bonds.
PRICE.

WE OFFER A LIMITED AMOUNT

&

CO.,

PINE STREET.

<fc

10

PINE STREET.

Rome Watertown & Ogdensburg lata and SdB.
Oswego & Rome Bonds.
Joliet & Northern Indiana Bonda.
Terre Haute & Indianapolis Stock.
Mexican (Corliss) Bonds.
Grand Rapids & Indiana Bonds and Stoctc.

Francis Smith
And
Rice,

Wool, &c.,
of all articles used

&

Co.,

31 Poultry, London.

BROKERS
IN
MORTGAOE EOANS.
WRITK fob

SubscHi)tion $2 50per

annum, covering postage.

Specimen sent on application.

Published by

New

York.

OFFICE
CARPETS.
HOUSEKKEPBRS AND OCCUPANTS OF

OF-

notice.
Before buying your carpets,
Linoleum. Oilcloths, or Mattings, call at BENDALL'S
Misfit Carpet Store, 114 Fulton St., basement floor.
Cheapest place in New York,

Ge». F. Ptahtif,

&

Spencer Trask
Bankers,
70 Broadway,

0UNDAS CHATER,
Street,

ClROUliAB.

by PROS^eneer Tmsk.

187 Pearl

OF DE8IR

ABLE CAR TRUST ISSUES, ADDITIONALLY
SECURED BY THE DIRECT OBLIGATION OF
THE RAILROAD EQUIPMENT COMPANY.

IndianapoHs, lud., Yicksbur^, Miw.

Tobacco,

FICES take

at

WANTED:

Cotton,

No.

ISSUE.

same can now be had

offlcea of either

8

Rosin,
liUmber,

R.

Wayne &

Bonds and InTestmeiit Scciirillet

DUCERS.

ILL.

City.

Albert E. Hachfield,

Spirits Turpentine,

and the values

New York

Pittsburg Fort

No. 34

markets in the world, respecting

CAN HANDLE SUMS LARGE OR SMALL.
Solid as English Consols or U. S. Bonds
Central Illinois Financial Agency,

prodQCe

THEROIV BAEDWIJV,

POST, IHARTIN

eoutalniQg the latest lul!ormatlon from

a.

Company can

particulars, address

win be published

Co.,

the

and the principal markets of
Mexico are now opened to it by the completion of
the Mexican Central Railroad.
Mexico has a population of about 12 millions, and
as there are few facilities in the Republic for nmnufacturing Merchant Iron, this Company will virtually
have no competition.
The Company is in need of largely-Increased facilities to supply the constant and rapidly ini^reaslDg demand for Merchant Iron, and seeks additional capital
by the sale of a portion of its capital stock. For full
at its very doors,

of a

SOUTHERN PRODUCE,

liAWRENCE, KANSAS,

JACKSONVILLE,

OrrjiBUNT.

number

lli'St

devoted exclusively to the Interest of

THE ^VESTERN

No

A market for more than
la

SPECIALTY OF THESE VERS
SAFE SECURITIES, AND BUY AND SELL 8AMB

WEEKLY JOURNAL,

circular.

market

hand.

AT MARKET

AND PRICES

Olfers to Investors the best securities in the

reliable labor can always be fonnd.
ore is free from all impurities, and produces
Iron equal to the best Sweedish. Fuel, limeslone,
fire-brick, chiy, building stone, timber, water and ali
other necessaries are abundant, cheap, and near at

The

WB MAKE A

^iscellancutts.

TOPEKA, KAN.

FIRST MORTGAGE LOANS UPON IMPROVED
FARMS. Interest and principal paid on day of maturity In New York. Funds promptly placed. I^arge
experience. No losses. Send for circular, referencei
and sample forms. F.M. PERKINS, President; J. T.
WARNE, Vice-Pre«t.; L. H. PERKINS, SecretaPT.
CHA8. W. GILLETT. Treas. N. F. HART, Auditor

where cheap and

(Signed)

THE
Kansas Loan & Trust Co. Naval Stores Market Report

Farm Mortgage

330 years. The deposit is located within a mile of
the City of Durango, with a population of 38,(KKi,

PRENDERGAST,

&

T. B. 8WKBT, Pres.
GEO. M. NOBLE, Sec.
[8 the oldest and largest institution in Kansas,
fflTlnK exclusive attention to the Negotlatins of
CHOICE FIRST MORTGAGE LOANS at high rates
of Interest. It has negotiated over $l>.OUO,000
of these loans for Savings Banlis, Insurance Companies, Estates and private parties East. Send for

That part of the deposit which is above i/rouTiahas
been estimated to contain more iron than has been
taken from all the mines of England during the part

Circulars explaining

Notice is herebyglven that the Amerlciiu Exchange
National Bank of New York has been declared the
Financial Agent of the City of St. Paul, and at
holders of bonds or coupons of the City of St. Paul
are hereby requested to present such coupons or
bonds at the American Exchange National Bank for

CO.,
InveBtiuent Bankers,
NO. 176 DEABBOKN STEEET, CHICAGO.

in the world.

of

per share has been declared for Feb-

payment whenever due,

lists.

This Company owns the celebrated iron Mountain
Durango, which is the largest deposit of Iron ore

at

No. 92 Pine Street,

93.

ruary, payable at the oflice of the Company, San
Francisco, or at the Transfer Agency In New York, on
the Ulst Inst. Transfer books close on the 25th Inst.

CUSTOM HODSB ST., PROVIDENCE, K. I.,
JARVIS, CONKLIN & CO., Brokers,
KANSAS CITY.

di;rai!iioo.

moderate amount of additional capital is wanted
by the Iron Mountain Company of Durango, Mexico,
for the immediate construction of Bla^t Farnaoee!
Rolling Mill, and other facilities for the inauufacturo
of Merchant Iron on a large scale.

New

Street,

Company

A

20, 1884.

FIFTY CENTS

NO. 3

THi,

Broad

15

THE REGULAR MONTHLY DIVIDEND

First mortgage on Improved property in Kansas
City, andKOod farms in Kansas and Missouri, woii.b
from three to five times the amount of the loan.
For particulars and references address

SuccES^?FtTL

Transfer Agents.

SII.VER MINING COMDIVIDEND

SECURITY ABSOLUTE.

OF

fifth half-yearly

at the oflice of Messrs.

TRUST

Iron Mountain

NOTICE.

payment of Interest on the
t ive per cent first mortgage land grant bonds-of the
will bo made on presentation of coupons
on and after the first ilay of April nert, at the offlees
of tile company. Place d'Armes Square. Montreal, or

riKALEH IN

CITY RAILWAY STOCKS

^iuatxctal^

Set.

RAIliAVAY

COMPANY.

NASSAU STEEET,

21

fVoL. XXSVIII.

New York

Co.,
City.

Transact a General Banking Busitusi
BRANCH OFFICES.
CtHHtcUd by private wirtt,
Philadklprla., 132 S. Third St., C. P. P»»
Albany, N. Y., 65 State St., W. A. GnM>
PnoviDitNC*, R. I., 13 Westminster St.
Saratoga, N. V, Grand Uni*n HoteL

xmm

omintrw^

HUNT'S MERCHANTS' MAGAZINE,
KP RESENTINO THE INDUSTRIAL

VOL.

AND COMMERCIAL INTERESTS OP THE UNITED STATES

SATURDAY, MARCH

38.

CONTENTS.

bnaineu drags, spring trade

Oold
^aos and Dlsoomitg of Our

aka

Mr. (iladgtonn's Health' and n
318
ChiinKe of I'l'licy
New York .State Ktillroad Ke349
port

3H

is

Monetary and Commercial
le Legal Tender nud ConsUEnBllghNows
349
cntlonal Amendment
316 t^onimerolal and Mtscellaneoiia
Pwl'H FaTomblo SbowluK- 317
News
349
34S

978.

very slow and backward,

the weather wretched with floods in the

THE CHRONICLE.
Plnanrlal BItiintlon
341
lint
»eotl,000,000 Stwk of
le

NO.

1884.

22,

Southwest, and

the prospects of railroad business not favorable.

On

the latter point the further reduction on Thursday in

the trunk-line rates from Chicago

With

ing feature.

this last

by no means a promis-

is

reduction (making 13 cents in

.

THE BANKERS)ney Market,

Qiiottttiona of Stocks and

ForeiKn Ei)han(fe. U.S. Securities, State
ui<l
RAllroad Bonds and

:

Stocks

Now York

Mo«k £xaluui<e

300
3(i0

364

Bank
355

Returns

THE COMMERCIAL
<

3.53

Inrc8tment«, and State, City
and Corporation Finances... 356

3S2

immerclal Epitome
"iton

Bonds

Local Securities

Railroad learnings and

351

uige In Prices at the ». Y.

1

I

TIMES.
365
367

BrpudslufTs

Dry Goods

35he Chr0tticXc.
m

CojDiiBoui. AND FiSANoiAL GhKoniolb u published
Netc York votry Saturday morning.
atered at tbe Post Offloe.

Mew York. N. Y., as seoond-olass mall matter.]

TERMS OF SUBSCRIPTION-PAYABLE

IN

ADVANCE:

tor One Year (lucludUig postage)
For Six Months
do
I

Annoal subscription
Sixmos.
do

In

only costs 15 cents per 100

all), it

OAZiTTTE.

London (Including postage)
do
do

way from

the

sight thi^

fun enough to pay for the loss in

£1

8s.

grain to the seaboard under this arrangement

.

)

W^ILLIAn
79

^

&

B.

DANA &

81 William
p^j^j

J

Co., Publlshera,

»itreet,

OIHUK BOX

NKW
YORK.
958.

Whether

the roads can

LONDON OFFICE OF THE CHRONICLE.

we

cannot-

An approximate idea of how the operation will affect
income may be gained by calculating the return which
I5c.

per 100

between

lbs.

New York

afford on the basis of mileage
and Chicago, and then comparing such

will

return with the average

cost per ton per mile at which
was moved on the respective roads during recent
years.
Here is how the mileage stands between New
York and Chicago on tbe principal roads.

freight

Wayne route
Central and Michigan Central
Erie and Chicago
Atlantic
Pennsylvania and Fort

913 miles

New York

The publishers of the CiraoNlcLE have established an office
London with Messrs. Edwards- & Smith, No. 1 Drapers'
iudens, E. C. AU business pertaining to subscriptions and
^vertisements will be promptly attended to at this office, and
ny infbmiation furnished regarding the Cheoniclb, the
ivBSTORS' Supplement and other publications issued from
ia Cheonicle office in New York.
JNo change wUl be made in the method heretofore in
tactice for the payment of yearly accounts by old subfriben, and they will remit, as usual, by drafts through
t« banking house of Mesers. Morton, Rose & Co,

find

handling and moving

undertake to say.

I

ii.w » n.v>

New

has equaled the reduction.

Office.
If 11'"
"""I ! TM. ANi> FiNANiiAi. Chroniclk in London
Tlic "Hi
uTii, 1 Driipcrf." Gardens, E. C. where
Its will be taken at tbe regiQar rates,
•,>i ........
..,
.supplied at Is. each.
1L neat llle covci' ia fuiiiislieil at 60 cents; postage on the same Is 18
mta. Volumes bound for subscribers at $1 (K).
jiivVTifiiiYi.
JIIN
O. FLOYD.

to

7b.

London

J.

city

C2

rbese prices Include the Investors' Supplement, Issued erery other
pntb, and furnished without extra charge to subscribers of the
HRONICLE.
subscriptions will be oontinoed until ordered stopped by a terilten
per. or at lAepublieatiOH office. The publishers cannot be responsible
<r remittances unless made by Drafts or Post-OtBce Money Orders.

I

that

$10 20
6 10

I

^

carry grain byrail

lbs. to

York. At first
would be supposed to stimulate the movement
to the seaboard and so it may; for 15 cents per 100 lbs.
means a saving of 9 cents per bushel on wheat. But
before this marking down of rates from 30 cents began,
there was just about 9 cents difference between the price of
grain in Chicago and the price in New York, so the reduction makes no change except in permitting a movenent
which prices before prevented,, that is, if we suppose any
road received full rates under tbe old schedule. As, however, there have been considerable shipments all along, we
must suppose that the cutting which has been in progress
all

.961 miles

&

9S6 milee

Fifteen cents per one hundred pounds

is

equivalent to

»

just three dollars a

given,
in the

we

case of

Turning now

we

and 0-304 cent

to the cost of

moving

the exception of those of the

cover the

cent in the

in th^ case of the Erie.

freight on the respect-

meet with the following figures, which, with

fiscal

Lake Shore (covering

1882),

or calendar year 1883. It should be under-

stood that the figures

TBE FINANCIAL SITUATION.

Dividing this by the mileage
be 0-329 cent

the Pennsylvania route, 0-312

case of the Central,

ive roads,

ton.

find the rate realized per inile to

show the average

cost per mile

freight of every description, through -and local.

As

on

all

local

change in the situation during freight, being hauled only short distances, costs more to
feeling pervading financial handle than through freight, it is likely that if the latter
ircles two weeks since does not exist now, and to that were stated separately, the result would be less unfavorctent the outlook has improved.
But aa no elective able to the roads than ^iven. On the other hand, in the
tmedy for existing financial ilia has earnestly engaged case of some of the lines, particularly the Erie, the large

There has been but

c past

week.

little

Tbe disturbed

e attention of (Congress, the threatened evil
ie

time being at

rest,

not removed.

is

only for amount of coal freight included should operate to

In the meantime

all

the average on all freight nearer the

minimum.

make

THE CHRONICLE.

342
Cost per,ton
Cost per ton
Cost per ton
Cost per ton
Cost per ton

The rate

-

in

in

1880 only

On
seem

per mile on
per mile on
i^er mile on
per mile on
per mile on
1883

-n-as

0'519 cent.

Erie
Central

Pennsylvania lines east.
Pennsylvania main line.
Lake Shore (1883)

imusually

In 1881

liigli.

it

.

.

was

*0'6S0 cent.
0'562 cent.
0'477 cent.

they

[Vol.

were so quickly absorbed that exchange re-acted
as
the pressure of an unexpected supply
removed.
But there was an impression that
agency had not drawn the full amouat origin'

soon

as

was
this

0-413 cent.

and

nally intended,
only

and

0-.5G

source

the basis of the lowest cost here given, there would
to be a loss of

that

come

might

bility increased to

0-r)4.

more

upon

the

bills

from

market.

the same

This

poasi

an extent the risk of gold exports am

induced bankers to prefer fast steamers for the trans
the metal to London.
Then, again, the fac

one tenth of a cent per ton per mile mission of

money

^the difference between the 0-312 cent received and the

that

0-413 cent cost of moving), while on

the interior, and that our

more expensive

lines'

XXXVin.

the basis

to operate, the

loss

of

the

is,

concurrently with these exports,

money market

has,

going

tc

therefore

would be two- exhibited a hardening tendency, with the prospect tha:
moved before the end of the mouth it might become more activi

tenths of a cent and over, for every ton of freight

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 rtoved from Chicago to Ne v
Last summer the trunk lines received 25 cents
Yoi-k.
per 100

lbs. for

same

the

class of freight.

making it so), Las
upon the operations of foreign bankers
The latest report indicated that 2|- per cent was the rate
in the open market in London, and that was early ia th(
week, before the Bank had received the $4,500,000
from
here on the
shipped
8th inst.
It
-was
(especially

had

if

speculators should aid in

its iijfluence

to a more favorable feature in
The movement to compromise the differ- reasonable to expect
that
a
little
lower
rate
ences between the Quincy and the Union Pacific and the would follow the arrival of so large a consignment ol
settlement of the dispute in the Northwestern TrafiGc Asso- American gold
so if money should at the same time
The Quincy managers suddenly spring into activity here it might not only be
ciation, are events of that nature.
It

pleasant

is

to

turn

railroad circles.

;

have hitherto not found it to their advantage to accept any desirable for foreign bankers, as well as others, to have as
made on the part of the Union Pacific and its large an available supply as possible, but the mirgia of
allies in the new Western pool to adjust the differences profit in moving gold, which is very small, might disappear
arising out of the Nebraska business of the two lines, All these considerations combined have tended to &nit'
which differences are inflicting serious damage upon gold exports this week, and they may continue to exert
all the roads concerned, as we show later on in this article.
more or less influence in that direction. Part of the
continuance of these inharmonious relations also demand this week has been on Cuban accouatj the;
of the offers

A

threatens

deprive

to

pool of nearly

all

members

the

of

the tripartite

the advantages they hoped to obtain

Conferences having proved abortive,
agreement was made or announced on Wednesday
for reference of the matters in dispute to committees
appointed by the respective companies. What will be

financial condition of

Havana being

affairs at

such

induce capitalists to transfer their funds to London.

as

to'

The

by combining.

mercantile inquiry has been light, mainly for the reason

:an

that importers

the result

difficult

is

it

now

determine, but

to

it

is

who

purchasing while

do so have refrained from;
were so high, preferring to -waiti!

could

bills

for the chance of a reasooable decline.

The stock market has

in general been strong througii.

expected that there will be a speedy and possibly a per- the week. Monday afternoon there was a little set back;j
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

The extension

of

the.

Northwestern

difficult to

Traffic

was announced on Wednesday evening.

make.

Association

This combina-

tion embraces the St. Paul, the Northwestern, the Minneapolis

&

Rock

Island.

St.

Louis and the Omaha, and indirectly the
Several conferences

were had between

San Francisco stocks.
St. Louis &
On Wednesday
one feature was a scarcity of Michigan Central shares, and
the inclination was

upward

properties until the late

for

trade,

that

and the

leading

when unfavorable

traffic

returns of the Union Pacific for January, remarked upon

below,

encouraged the bears

to

attack that stock.

The

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. Oa Thursday
fixed by arbitration. The Northwestern first insisted upon the Grangers and Union Pacific were strong in the morna proviso for withdrawal before the expiration of the two ing on the annnounceraent 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 adOa Friday, the further
foreign exchange and further shipments of gold. This vanced late in the afternoon.
has had no influence on our markets, only taken in con- reduction in Eist-bound freight rates exerted an unfavorThe able influence in the early trade, but the strength of the
nection with other circumstances it induces caution.
amount which has gone out is $302,864 on the 20th Northern Pacific group of stocks served to hold the
Other shipments were market steady the rest of the day.
and $605,258 on the 19ih.
A feature of the market has been the rise and activity
expected for to day by the City of Chester, but as the
the managers of the respective-

lines,

M6nday

It has bean observable for some
it is not known
in the prices of bonds.
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$377,603. All the week the supply of bills has nearly ment has become so pronouaoad as to marit 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 natuGovernment, amounted to not more that £600,000, and rally increase in favor. But the movement now is no;

steamer
as

we

will not

leave until

write what will go

by

her.

.

,

Tni' ('TTifovrrTF
LA'ti

II

IM'U

nil!

i\_'

I

Pi-1

i,i

i

i(»j

*

w*

1

I'vy

— bonds that liavo

n-

->,

1

!

.

i

11

1

-

I"

\

>

I

t

t

t

•*r^

V'

)n «a
1881 for the Barlingion, the Denver
no
Intfgriiy
the
fuliiro
.nloiio
Union Paoifle.
and
the
ret, and whose BtandinK
W'facn a
pan det«rmi(ie havo boon niado to sharo in it.
Namn.
1SR3.
1884.
)rimo investnient socurliy which U in meagre supply

lecurilies

eilabliaheii

ropuUti

&

Rio Grande, and

—

18H3.

188).
J.

'ecorda an advance of ^ or

)ut

between

or

ions,

he

made

sales

no

has

circumstance

when bonds

p«r cent on small trnnsA'-

I

of

a

long

at

ipccial

unquestioned

less

intervaln,

me.

as

in

character.

lifforenl

many

hours, the transaction

And

of

this

nature

many

is

..,,.

**

1,61^

i.i:

Wet

i-iiiii

4l.'i.0«0

^

e«rnln)«.-i

72,2.'.'i

Here we

Wo

see that

is it

to be understood that because

quoted at a low figure,

ailed in question

— there

its

standing

are not

to

the

public

—but

there

a security

necessarily to

is

both the Denver & Rio
Quincy had a small increase

is

yet generally

much

as

dislinc-

space to indicate

between bonds as between dtocks, and a rise in price and New York of
hould not of itself predispose one to making purchases, each day.

some manufacturers of mortgages still existing
mortgages with no limit and they will
aeet the demand.
Union Fttcijic has issued a statement for the month of
anuary which we have already alluded to.
Briefly
tated, gross earnings have decreased $377,946, reducing
bem to Sli-iaSjOOS, and on this total of over a million
nd a half the company made only $23:}, 544 net, against
1897,732 in the month of January, 1883, a loss of
;B64,188, on milt^age of 4,256 miles in 1884 and only
The unfavorable result is due to a
,996 miles in 1883.
'here are

McKVt.

—

—controlling

ariety of causes.

Owing to the completion

of the Northern

the Union Pacific has lost the through business to
nd from Oregon and "Washington Territory. For the
imo reason it now gets only one-half of the Montana
the traffic of which must be very profitable,
fusiness
pee it afiords a haul over the whole of the Utah
N^^orthern road and the entire fength of the Union Pacific
Tken on the business frou UtAh and Colorado
(lain line.
he competition with the Burlington k Quincy and the
)v»nver & Rio Grande has been very severe and has caused
rery serious reductions in rates, while also the road had
b contend with an unusual amount of snow. As far as
oncems the division of Montana tralHo with the Northern
'acific, that of course is a permanent loss.
The loss of the
regon business, too, will be a continued unfavorable
till the juncture with Oregon Navigation lines by
eature
tie Oregon Short Line shall
have been effected, when
be Union Pacific, like the Northern Pacific, will be able to
ffer all-rail connection to that territory.
But as relates
} what were the chief factors in the present unsatisfactory
liowing, namely, the " cut " on Colorado and Utah rates,
nd the expense of keeping tracks clear of snow, these of
ourse are temporary in their character.
The restoration
f rates, for instance, would cause an immediate improvelent in results, and the snows certainly are not a lasting
The adverse effect that these snows had
ircumstance.
*Bcific,

—

—

fully appreciated

when

known

&

it

to-day.

There is very little doing in securities between London
and New York and that little is confined to arbitrage opeThe following shows relative prices in London
rations.

ion

ViU only be

IHl.UI

Previous years' returns also afford a lesson, but

in gross.

be we have not

a few of those latter

rhich sell low, bccausn their merits are not

nown

IH.tiOS

1

7-177

l.'i.7'.l'J

•-

three roads sustained a reduction

all

means reflect upon the great majority cf
Orande and the Burlington
londs that have appreciated in market value during this
I

S34.I»U(i

of net earnings this year, though

rould by no

nor

8'

46.1.7.12
845,l.'>4

of the

ransactions in the last ten or twenty days have bren.

leriod,

70J.U10

487.201

'

OprraliiiK

-*

Ormiitt—

'

Ol-u.

;

1130.011

,'rt

7'

of a

oaa.evT

781. 061)

I.'.l

i'<-u(ie«

rhich have lain dormant for months, or else have shown

hree points

H07,73a

Hurl. ,t(jHiney-

character,

mt feeble signs of life, suddenly spring into activity, sell
amounts, and score an advance of two or
ti enormous

233,544

JCot cftrnlD^cn

significance,

VrUa.' rriea.

pricet,* vrien. pncet.*\priffif.'prtrrs.*'jTr1cai. jtrien.' pricn.

12%

113-42

«ss
91^

84-05

14

9181

9m

1

181

I18!<

Besdlni MC18+
Ont.W'n
V-54
Panl.

Bich'ne,
cable .

8454

ir.T.

181-»t
115-50
119

314

U»42
24-

1;

1"

S3Ji

i-i-;.-,

9m

181

131-08

tl5«

11{-S7

58

«SB«t

(4-30

OZ-DO
131-58

«B

ISIH 131-ge 181«
1I6-12
115« 11612 116
58
2 •»»
58

t8

181M
6754

ll«
Bi-JO
64-74

•2

92-95

van

92-56

M-74

59

84-«S

.

0301
M-71

4-01

4-91

4-9054

B2;ii

93

MH

4-ei

Ezpreneed In their Mew York eqnlTalent.
Readlnic on baats of 950, par ralae.
Ex-intcrcat.

Money
is

lOH
•IK

81-sa
54-45

Can.Paa

!

t»H

itowTn K.F, {•omfnl

12273*

IKCM u;iK

2.3-7S
Brie
Sdoon.' cr»a
ni.Cent.1
9. y. c. 115-51

t

opening

Mch-au

AfcA.SO.

itch. 1».

18.

the

at

LrniA'n ar.r. Lond-n W.r.

O.S.4«a.'

*

McK.

securities

UMA'n ^.r.
0.8.4»,c. 12^•62i

St.

leading

to

has been in a

say,

little

better

whereas a week ago

at 2 per cent, the

demand on
it

transactions this

call.
TQat
was difficult to lend
week have been more

numerous at that rate and fewer at 1^. There is also a
good inquiry for time loans, 3 per cent being bid on
government collateral for thirty days and 4A on stocks for
ten months.
The Treasury disbursed libsrally for Ciiited
bonds during the early part of the week, a call for
$10,000,000 falling due on 15th inst., and thi^ has fended
to augment the supply, so that the alight b uie-in^ of the
rate indicates that had it not been for the Treasary
payments higher figures would have ruled. The following
statement, made up from returns collected by us, exhibit*
the week's receipts and shipments of gold and currency
by the New York banks.
Week BnUnt

itch. 21. 1884.

Correnoy.

RaolMit »^
S.T. nanJa.
tSiO.OOO

Gold

ToUl gold and laRsl

tender*.

tuo.ooo

y.r. Rinto.
'I.O!'..'^
OOj.DOO
.

Nttlnttriar
Mr.vement,
U>aa.

1379.000

aM,aoo
Loa*. tOTS.OOO

Sl,315.000

* TneliidFn $47.^.000 traniircnwl In the ahapo of eUror certiflcntcf,
a deposit of k»1<1 In the Sub-Trousury.

The above shows the

actual changes in the

ings of gold and currency caused by this

by

bank hold-

movement

to

and from the interior. In addition to that movement, the
ccording to the Assistant Qeneral Manager, they were banks have gained $3,000,000 through the operations of
leavier than in the winter of 1871-2, when the Union the Sub-Treaeury and lost abotit $1, 000,000 by exports
'acific in January was operated at a loss of over $100,000.
of gold.
Adding these items to the abov^ we bare
)t course the other competitive roads suffered in like the following, which should indicate the total g^in to
naaner from the low rates prevailing, &c., and it will, the New York Clearing liousa banks of gold and curperefore, be interesting to see the extent to which each rency for (he week covered by the l:^k statement to
Iras affected.
Accordingly, we have been to the pains be issued to day.
it

is

that

—

THE CHRONICLR

344
Wetk Bnditm Mch.

our banks and Sub-Treasury on the 1st of last November than at the same date in 1880, 1881 and 1882, hut

idle in

^«t Change in
Into Banks. Out Of Banks
Batik HoiMngs.

81, 1884.

Banks* Interior Movement, aa above
SDb-Treasnry operations, net

1640,000

»67o;000
Gain. 2.000,000

$1,815,000

IjOss.

$1,315,000

Qaln.$1.325.000

2.000,000

$2,640,000

Total gold and legal tenders

[Vou xxxvin.

those depositories, in the aggregate, contained 21 millions
less

November 1, 1881, and only 20
more than on November 1, 1880, although accordthe Mint report the country since November 1,

gold than they did

millions

Government bonds have been strong this week, with a ing to
good demand for the 48 and 4^8 for temporary investment, 1880, has increased
such as

usual at this period of the year.

is

its

holdings of that metal 1&3 mDlion

dollars.*

England reports a gain of £1,619,000
Another fact in the same connection worth rememThis represents £190,000 from the
bering is that the Government issued about 78 millions
and £1,429,000 from abroad, chiefly New York. of gold certificates during the year ending October 1, 1883,

The Bank

of

bullion for the week.
interior

The proportion of reserve to liabilities has increased 4 per an instrument which one would think peculiarly well
The Bank of France shows a gain of 2,9?5,000 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 bringing into
of Germany has lost 2,200,000 marks. The following indi- sight, gold which was in active use or hid away among the
cates the amount of bullion in the principal European banks people.
Certificates are much easier for the 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
cent.

very small space

Jleh. 22, 1883.

Mch. 20, 1884.

;

furthermore, they are not

only an

promise of the Government to pay gold, but the
actual representatives of gold on deposit in the vaults of
What more
reasury pledged to redeem them.
the

explicit
Gold.

Bank

of

Germany

Silver.

Gold.

Silver.

M

M

A

'!

22,620,724
25.251,913
39,905,378 40,092,987 39,843,738 42,537,013
7,729,662 23,188,938 7,928,000 23,784,000

Total thin week...,.--... 72,886,953 63,281,975 70,392,462 66,321.613
71,176,453 63,260,475 70,394,551 66,652,607
Total previous week

effective

device

gathering

it

up?

could be suggested for attracting

And

or

yet during the year ending October,

1883, while these 78 million gold certificates were

issued,

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 (reachaggregate 606 millions at the end of -the year),
for domestic bullion during the week, and the Assistant ing in the
Treasurer received the following from the Custom House.

the stock in sight (including that covered
tificates)

Oontitling of—
Dutiei.

Date.

Gold.

say, not

v.s.

Oola

Silver Oer-

Notet.

Oerlif.

tifiealea.

only increased about 2

1

by the gold

million dollars; that

only of even the year's increase was kept in

ceris to

sight,

was wholly unaffected. That certainly
the certificates would have tapped such a
is incredible
large reservoir had it existed.
But let us carry the investigation one step further. Ac
cording to the Mint report the slock of gold has been as
follows at the dates named, and according to the Comptroller of the Currency the holdings of the banks (National
and State), and of the Sub-Treasury, have been as given
whi.le the old stock
;

$524 291
375,315
422,768
488,935
222.537
214.538

Mar.l4...
" 15...

"

17...

" 18...
"
"

19...
20...

Total...

17
60
90
68
53
86

$2,243,387 74

$166,000

$35,000 $263,003
39.000 196,000
41.000 285,000
45,000 304,000
12,000 170,000
15,000 139,000

$11,000
6,000
6,000
12,000
5,000
4,000

135,00(

90,000
127,000
36.000
56,000
$610.0;

$43,000 $237,000 1,357,000

below, at about the

THAT $606,000,000 STOCK OF GOLD.
We wish to say a few words respecting the current
official

In

the

same

dates.

yof.

United States-

estimate of the stock of gold in the United States.

1, '81

Oc(. 1,'«

375,823,881 40a,000,000 612,191,0!)6 5i4,t!UJfin

Gold coin

Mint puts out Gold bullion
i8,558,bll
1.073,744 51,410,420 6i,e88,««
600,196,6-'
563.075.744
Total gold in United States
figures purporting to cover this item (which, of course, he
Gold in all banks, including gold
has confidence in, being based on Government statistics,)
certlflcateB, nd in Sub-1 reasury
253.632,611 294,905,569 200,456,297 273,l«l,ll
excluding certlflciites
but which in the opinion of commercial men familiar with
I/earing In bands of the peopl6l200,250,181 268,170.175 303,176,169 33,1.017,8
importance
very
erroneous.
No
great
subject
are
the
would attach to the question were it not that these excesOar purpose with the above statement is to locate the
sive figures are used to encourage unsafe opinions among supply.
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-Treasnry, 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,

Every now and then the Director

of the

..

i

..

a,

benefit to lose a

little;

or, if

the

Chamber

of

Commerce and

becoming unsafe, the next
pretty
nearly the same old disdaily
press
receives
day the
patch, only witti a new date, and adding that nervousness
on account of silver dollar coinage is quite uncalled for in
The question
a country possessing 606 millions of gold.
thus becomes important are there 606 millions of gold in
the United States ? If our readers will follow us briefly
we think we can show most clearly that there is no such
amount, and that the statement is a gross exaggeration.
complains that silver coinage

is

—

As

a preliminary thought,

is it

not surprising,

if

sucti

Many more

legal tenders

the Sub-Treasury publishes its figures on the first of
each month. In that way a total, covering about every
dollar belonging to any public depository of the country,
Hence in the above we have deducted the
is obtained.

amount so found

to

be in bank and Sub-Treasury from

Mr. Burchard's stock of the same date, and that

leaves a

remainder all of which if the Mint Bureau is not
must obviously be either in active circulation or

in error,

hoarded.

Taking for instance the statement for October, 1883, we
have a balance outside of bank and Sub-Treasury of 333
a million dollars.
That the reader may understand just

marvelous stock exists, that no addition is made to the
portion which is in sight at this time of great business inactivity ?

..

and bank notes were

We adopt November 1, 1883, for the comparigon, because we liaTeno
figures for banks other than National except through the Comptroller's
returns of that date.

mahch

THE CHRONICLE

ds, istn.j

346

we«k, not inolad«d At all ia uiy of th* OoT«rnn«nt aUta.
The Custom Hoaa« first gave the week's total
usual
menta.
the
allowance
of
making
IStates 65 millions, and
at $6,177,192, and a week later it added
family
exporu
evnry
must
gold
have
family,
fivo
persons to a
h»t that means,

had

iu

let

ui call the population of the United

possession (not in bank) constantly (not- occa-

its

during the past year over thiity gold dollars
necessary to add another word in proof of the

ionally)

U

it

!

the Mint statement

iiaccuraoy of

The

?

truth

is,

there

but even with ita additiona it
waa short $250,000— the toUl shipmenU of gold that
week being $6,877,192, the portion of American gold

$450,000 as omissions

coin being also in that

;

amount

larger.

We mention this error only to iUuatrate the kind ot
and the merchant is the
X
''tion in New York or any other city this side of omission that of necessity becomes a part of the gold
^y Mountains, who baa seen thirty dollars in gold record of the Mint Bureau. The above inveatigation
oven through an entire month, unless drawn from bank shows that the estimated stock is obviously an exaggeration, and
this instance indicates one way in which it
(for some special purpose, and the most of our people have
is

actually

no gold

in. circulation,

,

But we

bot seen that amount in a year.

repeat, a stock in

the United States of OOG millions requires us to assume that

jach

the country had

family in

jver thirty dollars in
18

practically

conclusion

its

every day of the year

constant possession, and as there

estimate,
forbear.

in the arta

and therefore another source of

Enough

The item

very largely misleading.

consumption of American coin
certainly

is

of

also purely

error.

But we

has been said to eliminate

no gold in circulation, we are forced to the this hypothetical stock of gold from all future diacuasiona
has hid away on the touching silver coinage or gold exports.

that every household

average thirty dollars of this metal

w

may have become

utterly untenable that

it

The

proposition

is

would be wasting words

to

1

LOANS AND DISCOUNTS OF OUR BANES.

upon it further.
We might stop oar inquiry here, but we have such a A communication in "the Boston Advertiter under the
A. W. S." calls attention to a
well known initials of
:lear and recent proof of one way in which the error
defect
in the reports of the National banks as now issued
>f the Mint Bureau has occurred that it may be more
Our readers know the process which is well worthy of consideration. The item this
latisfactory to refer to it.
The total correspondent wishes more in detail is that of loans, and
Dy which this imaginary stock is determmed.
Iwell

;old coinage less recoinage is

accepted as the increase for

as the writer is President of

one of the largest banks in

by the failure of the
added to by the official record of the
Pacific National Bank are not yet forgotten, he speaks
mpoFts and exports, and that total is then decreased by the
strongly and from a knowledge of the misconception the
Mtimated takings of gold coin for consumption in the
present mode of making returns may encourage.
Mint
clearer
we
insert
the
process
urts.
To make the
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 unsoundjDec. 11, 1883, which also shows the result down to Oct.
The heading " Loans and discounts " represents
ness.
31, 1883.
the largest item in the return, but under
not
only
Qold In the oouutrr jBDoarr 1, 1879
$273,271,707
Boston, where

ihe year, diminished or

Sold coUiage for the period from January
I, 1879, to XoTCUiber 1, 1883
$287,183,521
iUulted States gold oolna re-melted
1,831.028

Net coinage
I

Net
I

jMaUng

Add buUlon

In tlie

$620,171,503
iDfduot gold coin used In artii from January
November 1, 1883, (estimated)

1,

1879, to

j

November 1

The foregoing
two uncertain

process

factors;

it

$607,371,595
will

one

is

be seen contains at least
the estimated

amount

of

and the other is the
imporU 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

American gold coin used in the

I

arts,

the

bank; yet

the

in

much

as the
It

make up

is

same amount

scarcely neces.

of this item

is

of

even mor^ importance to the public than the details of the
reserve, as the latter is simply the advance guard for

meeting and resisting an emergency, while ultimate safety
depends wholly upon the eCBciency of the former and
greater fund.

12,800,000

I

Total stock gold

of

sary to say therefore that the

284,507,041
62,392.847

Treasury November 1,1833

substance

put out on a government collateral.

$844,555

exiiorts
a total gain of

the

an overdue debt or an absolutely worthless piece of

paper when included counts as

$40,222,999
41,067,551

the lamo

we have

total

$285,381,596

uiport« of United States gold coin

Kz porta of

it

the lessons taught

But while this is true, it is by no means evident that
any return can be so drawn up as to disclose the contents
of the bank vault, if the party preparing the statement
desires to conceal the truth.

Bank of Boston, and also of
Newark which failed the same

In the case of the Pacific
the

Mechanics' Bank of

we doubt whether
would have been effectual.
In the latter institution, if we remember rightly, false
sonsignor or consignee has any interest to disclose the entries were made, even forg^ letters from correspondents
(act to the Government whether his shipment or receipt
were issued indicating balances in favor of the bank which
is American, English or French coin or
bullion, while did not exist, while forged paper was put among the
frequently his interest is to keep it concealed.
Even the assets payable at places remote from the bank. In the
bare item itself proves the truth of this assertion, and matter of the Pacific Bank, the impairment of capital was so
establishes its untrustworthiness, for it shows that all our covered up by irregularities in the loans, that one would,
ezports of American coin since January, 1879, had been we think, have to present a special schedule, only possible
on November 1, 1883, actually returned to the United to prepare after examination, to bring out the real facts.
States except .$844,555.
It is unfortunate that such returns are possible as were
But there is also direct evidence of this inaccuracy. made by these institutions only a very little time before
We have on previous occasions cited erroneous classifica- their weakness was disclosed, but we should be at a loss to
tions which have come to our knowledge in this particular,
know what division of the item in question would have
both of imports and exports, showing that the Mint's process served to uncover the irregularities existing. In fact, where
was faulty. We have now another instance to record which there is a purpose to deceive, there is no limit to the
occurred in the gold exports fur the week ending Satur- devices which can be adopted to conceal wrong acts in a
day, March 8.
There were $250,000 that went out that published statement.
any

classification of the loans

year,

s

THE CHRONICLE.

346
W.

would be

fYoL.

xxxvni.

use measure in time of war. And, finally, Mr. Bayard, Senator
which from Delaware, besides going as far as Mr. Hewitt in an
He absolute prohibition upon Congress to make anythin"
honest bank officials might have to make at times.
proposes that the item of " loans and discounts" should be legal tender except gold and silver coin, adds to it "nor
amount pass any law impairing the obligation of contracts." This
1. The
divided into three parts, as follows.
2. The amount suspended, overdue
is all very well as far as it goes, but that is not saying
•considered good.
3. The
amount overdue and unpaid much. The two House resolutions were sent, as is reand doubtful.
This is not very unlike quired under the rules, to the Committee on the Judiciary.
for more than six months.
the division used under the Canadian bank law which we That was not qtiite the same thing as giving the matter inremarked upon a few weeks since though less specific. stant and respectful interment. For there is reason to hope
But in case of actual fraud wo cannot, as we said above, that a majority of the Committee will favor some sort
see that there would be any great gain, for one can readily of an amendment aimed at the power to issue fiat money,
imagine how easy it would be, if the disposition existed, and even legal-tender notes. But manifestly any measure
to cover up the special disclosures called for in any such upon the subject of the currency stands but a poor chance
All loass would be considered good to an officer of conBideration in the House until after the appropriareturn.
of that deEcription, and as to overdue debt he could easily tion bills and the tariS question are out of the waj; and
keep it alive by renewal if that were necessary to retain it is therefore the part of wisdom for the Senate to act
first and to send down a resolution of amendment as
the good standing of his bank.
Should it not likewise be remembered in discussing this speedily as possible, to be acted on by the other branch
question, that our banks are already subject to the visits when the financial bills have been passed or rejected.
But it is precisely in the Senate that progress bids fair
cf a public examiner, which are supplementary to and,
Once a year to be s'ow and leisurely. Mr. Garland's rtsolution lit
as it were, a part of the published returns.
(and ofiener if he thus or otherwise finds such visits need- on the table subjeci to his call. Mr. Bayard's is alto on
ful) the Comptroller is supposed to know whether a bank the table, and the mover proposes to speak upon it
These examinations, though sometimes before it is even referred to the Committca on the
is sound or not.
failing in their purpose in case of fraud, as every device Judioiary.
No doubt the argument he will make, when
must, there is good reason to believe are faithfully per- he brings the inatter to the attention of the Spnate, 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 cf the Court by way of adverse oriticisra is
daily, wherein irregularities are discovered and corrected. wholly idle and useless.
What is writ'en, is written.
Hence, -when the returns are published, the depositor and Only one of two things can be done. We must acofpt
stockholder read them with a knowledge of this practice. the decision as a final exposition of the power of Congresfi
They are not left therefore wholly to the published figure s 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 amendUnder 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 n~> time whatwould perhaps at tunes embarrass an honest manager, and ever in a discussion of the decision which reveals the evil to
yet would be in no degree effective in catching rogues ?
us.
If Mr. Bayard, or any other Senator or RepresentaStill,

the suggestions

unless there

is

of

"A.

S."

of

obj-^ction to the public disclosures

'

;

tive,

THE LEGAL-TENDER AND CONSTITUTIONAL
AMENDMENT.
It

would certainly be unjust and premature

to

complain

because three weeks have elapsed since the unexpected

was communicated to the country by the Supreme
Court that Congress is possessed of absolute and unlimited

fact

or citizen, hopes for a two-thirds vote in this Congress

power of that body over the legal-tenders, he
must be aware that there are no votes to spare. Conse-

limiting the

quently, these

who regard

the decision as a wholly errone-

ous presentation of the law should refrain from exciting
any antagonisms, and particularly to avoid giving their
oppK)uents an opportunity to take

a line of defense

as-

the

—

power over the currency and yet that nothing has been finality, if not the infallibility, of a decision by the
But it is not pi-em»ture to complain because those Supreme Court.
done.
Only
who should have taken up this subject with energy and
It is no easy matter to amend the Constitution.
determination have cither neglected it altogether or four amendments have been made in eighty fiveyearr, one
brought it forward in only the most formal and perfunc- of which was rendered necessary by the JeffersoQ-Burr
contest, and the other three were the result of the war.
was
rendered,
after the decision
four The present effort will not be successful without a strugpropositions to amend the Constitution so as to restrict gle.
Every hard -money man in 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 oppor-

tory manner.

On

the I\[onday

—

The mildest

of the four measures

Senator from Arkansas,

was that of Mr. Girland,

who would

legal-tender treasury notes to

limit

the issue of

three hundred

and

fifty

Congress should vote by two-thirds, as in
case ®f a veto, to increase the amount.
Next is that of
Mr. Potter, Representative from New York, who wishes
millions, unless

to prohibit the

making

of

anything but gold and silver a

legal tender, "except after a declaration of war,

public safety

same

thing,

may

require

it."

Mr.

when

the

Hewitt proposes the

without the exc?ption in favor of such a

let every candidate know that they will, under
no circumstances, vote for a man who will not promise to
support a limitation of the power of Congress over

tunity to

the currency.

carried

Even

through

after

Congress,

and

amendment has

ths
it

must

go

to

been
tb^

this suggests the great iraportanee

State legislatures;
of an early organization of the friends of coined money

in

every part of the country to promote the ratification of tlje
amendment when it has been submitted to the legislatures.
In

fact,

too great earnestness in

this

matter

is

impos»ble.

Mo"
kod

i.^

Tin: CHRONICLE.

'>•*).
I

I

lerve to promolo iho huiiULiuu pru.

will

;.

posed will be labor WMlcd.

Hut the

first

There

itself.

Dee<' of

made

be

discussion,

in

Congreia casual

none »t

at!

of a

debate upon the ioundnes* of Mr. Justice Oray'a decision
or of

Congress possesses a power which

reasoning.

its

is

capable of being abused, to the detrimoat of every perma-

Will Congress abdicate

nent interest of the country.

power

who

be a test of that question, and

I^et there

?

appreciate (he poril sot

it

let

tha*.

those

forth as vigorously as thoy

report of the Chicago Milwaukee

k

St.

Tbe

lands in the year preceding)

is

substantiated,

but there was "income from other sources" to the amount

which

of $1C.J,707.

raises the surplus

given, to $1,351,400

kc, and

—

this,

from $1,18G,G93, as

of couise, above

all

charges for

above

7 per cent dividends on both
perhaps well to reiterate that we
have made up this surplus on the basis of the dividends paid
interest,

also

classes of Slock.

It

is

or to be paid out of the year 18S3's income

On

paid in the year.

be

still

more

— not the dividends

the latter basiF, the balance would

favorable, since the dividend of April, 18.S3,

being on a smaller anount of stock, called for Uss than
does that for April, 1834.
With this item of miscellane-

ous receipts in our possession, we bring forward again the
table given fa our article of February 2, and change thei
balance so as to

make

laneous income

—

to

in reality does not claim to have any such
accumulated surplus. The five millions is merely the
diflereoco between the receipts and outgoes up to the 3 lit

of December, 1883.

It is irrespective of ceitain

current

which are a charge against income and which
should be deducted to obtain the actual surplus remaining.
Thus on the next day after the accounts were closed, the
liabilities

amount

large

of maturing interest to

meet

the surplus about $2,750,000. Then, the dividend payable

was dependentupon ISSS's earnings,
and has been declared out of that year's income. If we
which, strictly speaking,

its

us,

The company

The report is not only satisfactory as regards
the exhibit it makes, but has the additional merit cf coming to hand about a month sooner than in 1883, and two
months sooner than in ISS'J, which we accept as evidence
of a disposition on the part of the managers to give stockholders and ihe public earlier knowledge of the company's
doings and ailairs.
The surplus on the year's operations proves a little
larger than ttated 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
made in the leturn, and sitce the company had virtuar.y

in

2.

clcffd cut

Tins, a-ourU-

item.

in April (.$1,060,000)

February

amount*

reader may, however, misunderstand that

pamphlet form, bears out in full
the favorable anticipations raised by the company's pre.
liminary statement, which we reviewed in our issue of

week

Pan), issued this

another thing.

...o

,

(almost the whole of the funded debt having January and
July as its interest period»),and this of course would diminish

PAUL'S FA VORABLE SU OWING.

57*.

The complete

...

$5,079,079.

company had a

lOM.

I

lated surplus to daiu

ing to the re|K>rt before

niovoment should

is little

317

allow for both these items, there

a small balance,
months' earnings
payable, and

is

should

it

about $670,000,

is still left

the real surplus.

If this

be remembered

seems

that three

will be received before the dividend is
furthermore that a year ago .$3,550,974 of

were applied to the payment of 71,019
shares of stock sold to stockholders at 50 cents on the dollar,
surplus profits

which was practically equivalent
remaining 50

to the ex:ent of the

The

a stock distribution

to

cents.

satisfactory features in ihe present report, however>

are not confined simply to the operating results of
year.

The improvement

ing debt

much

many

debt gave

concern, though the

this anxiety.

and the

made

A

perhaps even more striking.

is

size of this

that has been

The sum

year ago the

of the friends of the

officials

total then

the

in the float-

company

apparently did not share

was over seven millions

apart from $2,969,732 cash held
(which had to be applied almost iu full the next day to the
offsets against

payment

maturing

of

This

disputed.

it,

interest),

.year the gross

were either insignificapt or

amount

of the debt is only
$3,443,787, acd the company held $3,048,905 cash, and
$1,550,232 of bills receivable acd balances due it. Even
after allowing for the interes-t

maturing the 1st of Januarv,
year must have been about $2,750,009, there is
only about 1^ millions of the whole sum urprovided for.

which
left

this

As to the company's bonded debt, the additions during
the year were as stated in our article of February 2. The
increase amonnls to $6,636,500, and the total of the debt

it embrace in each year this miscel In speaking of the St. Paul,
being always understood that the now reaches $96,272,000.
column of "dividends" represents dividends paid out of critics invariably sicgle out this feature for adverse
comment acd dilate upon the extent of these funded
the earnings of the year in which they appear.
it

obligations.
Mtttaa*

Ytar.

ndci)

yr.

\<*n

tjao

\>m

8,775

1H»I

4,1!17

1M«..

Oprriitiiifj

Xtt

f«<frf»l

Ot'l-

J5j-prti«c«.

Bara<nai.

PaM.

fiend*.

»

»

»

«

in.nts.s-jn

r..in,Tn->'

!

1

1."' '

»

1

4.(k»,ok! «.S57,407
5,848,«Hli 8.B1»..'»I

4.I27.:Mi

6,7I>7..'>,I<>

v'

IiU'Iutllnt.- ]i,] ir-lluiii
';';'> tn i>:t.'4.ai)3 ; iu

It is

1

*.'-"'<

..

iwa
•

Orofs
Eamiuifi-

:

K.aOfl.BiV)

-

1).(*1.783

...e.

lb»l

to

wlileli lu

$636,308

;

I,"-

!* IfcJnm-.

1,783.810
I.lM->.-i)7

a.aio.'ii-'

t

4IVIM0
(or.s-0
i.(K)4,k;«

'

i,'it:i.i'-Ki

i.:i.M.i(>o

= j.

...tiGU.O 7:
In Itie'i to iH*"^.Bl» ; uuU iu
1

.

j...

,, .:

scarcely necessary to call aitention again to the

great progress that the
years, as
earning.",

company has made within recent
shown by the above figures' of gross and net
but we may note that the past year records a

larger surplus than any other, even though miscellaneous

largo

is

possible

of

That the iggregate o£ the debt
course an indisputable

to lay too

much

stress

fact.

And

upon that

is

yet

point.

very
it is

The

debt covers a mileage of 4,700 miles of completed road,
which would give an average of only a little more than
$20,000 per mile a figure that will net be considered

—

high,

and certainly looks small alongside of the pcr-mile

indebtedness of

many

other comparies.

It is to

be noted

also that the total capitalization of St. Pau', stcck acd all
(the stick being $30,904,201 comnnon and $16,540,983

preferred), is only at the rate of $30,192 per mile.

But
most important consideration with tegard to the debt
of the road is, that it conciitutis the sole and only charge
the

income (mainly because of the disappearance of land sales) against net earnings preceding dividends.
In the case of
was only $101,707, against $623,813 and $.635,308 respec- most large companies, the charge for
rentals of leased
tively in 1882 and 1831.
This surplus remained, too, it lines is almost as heavy, if not heavier, than the
direct
will be seen, after the company had paid out nearly charge
for interest.
We may mention, in illustration, the
$8,700,000 for interest and dividends that is to say, it Delaware Lackawanna & Western, a
company whc-se own
was able to meet this large charge (in 1879 the amount futided debt calls for only
$283,000 a year, and ytt it
was less than $4,200,000) and yet carry forward a surplus' lake* care of a vast amount
of debt on leased roads
of nearly 1^ million dollars.
This relates simply to the whoee interest it pays in the shape of rentals, the sum
of
results of operations for the year 1883. The total accumu- which" in
1883 reached $4,66i3,800. This we state, not as

—

THE CHRONICLE.

348

iXou iXX\III.

Lackawanna, Government was fairly tested and on both questions in
but to show the difierence between it and the the most unmistakable manner it was sustained. Nothing
has occurred since to change this feeling. On the contrary
St. Pau], the latter's direct debt being large simply because
the success which has attended General Graham so far
distinction
It is to this
its indirect debt is nothing.
has in some measure soothed the public mind and there
whole
the
when,
after
stating
that
that Mr. Mitchell refers

evidence

weakness on the

'of

part, of the

;

;

4,760

owned by

operated by

of iwad

miles

company

.the

he remarks: "No part of

it,

is

it

is

also

held upon

" leases on which rents are reserved, and the property

is

no good reason to believe that a second test vote on the
Egyptian question, if the Government presented a united

is

front, unless

some great

should occur, would be

disaster

" only encumbered by the bonded debt above mentioned. difBcult or less doubtful. On the Irish question the feeling
" The company has never guaranteed the bonds or indebt- remains what it was.
The main difficulty, it would appear, exists inside the Cabi" edness of any other company and has no contingent
net
itself.
If rumor at all speaks the truth, Mr. Gladstone
" liabilities of any kind or description."
while agreed on all the points pre
colleagues,
and
bis
"With the increase that has taken place in the company's
bill, on the policy to be pursued
new
Reform
sented
in
the
indebtedness, there has come of course an increase in the
and
with
Ireland,
on all other questions of imregard
to
have
yearly requirements for interest on the same, as we

The

before remarked.

has been in the

say that the

table above tells

past, and,

call for this

what the increase mediate public

bearing upon the future, we

may regarding

purpose has not yet reached

its

maximum.

The complete figures of the debt given in the
more exact calculations on this
On the
point than was possible in our previous article.
report enable us to miake

debt outstanding the
Inent for interest

of January the annual require

first

$5,967,533, which would be $593,608

is

more than was actually paid in
company should have to meet an

the past year.
increase

of

this

If

the

amount

in 1884, which, for reasons stated in our former article,

is

divided

are

interest,

Egypt.

to

do

to the re-conquest of the

GLADSiTONE'S HEALTH AND A
OF POLICY.

to

CHANGE

He

Soudan.

opposed

is

He

is

to

willing for the

Government be

receiver of Egypt, and he

MR

views
to

any-

thing which would seem like the permanent establishment

at least, that the British

it.

their

Egypt are well known. They are in harmony with the
views which have long been popular with the more extreme
section of the Liberals, with the surviving members of the
old Manchester school, such as John Bright and one or
two others, and with some younger men who have imbibed their lessons from that school, such as Mr. Chamberlain and Sir Charles Dilke.
Mr. Gladstone is opposed

perhaps unlikely, the operations of 1883 would leave a of British authority in Egypt.

margin of $1,351,400 with which

in

Mr. Gladstone's plans with regard

is

resolved for the sake of

adopt measures for the permanent defense of

trade

the Red

unwilling to go. The "Whig

Sea Littoral; but further he

is

members

whom Lord

of the Cabinet, of

time,

the guardian and

Hartington

is

the

During the course of the past week, there have been
strange, and sometimes conflicting, rumors regarding the
The
condition and prospects of the Gladstone Cabinet.
Prime Minister's absence from recent Cabinet meetings is
a known fact. Naturally enough it has led to much conjecture; and the explanations have been as varied as they
have been numerous. Amid the mass of conjecture two
things seem certain The one that Mr. Gladstone is not

According to them,
pronounced and more vigorous.
taken
during the last four
which
has
been
every step
months, not to speak of the delays and the uncertainties
of the war in Lower Egypt at the beginning of the

well, the other that there is dissension in the Cabinet.

the country lying to the west of the Nile; but

:

Whether

in

favor

of

a

policy

trouble, has been a fresh blunder.
to

once

at

They are not

more

unwilling

abandon Kordofan and Darfar, and the greater

part of

5r'ennar and

Prime Minister from the the Eastern Soudan they would hold for the Khedive; and
to make an end of that distrust which has ruined trade
differences with his colleagues, is per- and industry in Egypt proper, they would guarantee

haps doubtful. "Whatever be the true explanation, his absence
his place

amount

are

their

wholly due to the condition of his

is

health or in part to

in the

House

of public affairs

condition

party,

following the traditions of

the absence of the

Cabinet meetings

from

leading representative,

of

gravity

to

Commons

in the present

absolute protection to the whole region of the Delta, by

means

British garrison, for a fixed

of a

which lends a certain length of time. The question now
Later reports shall prevail in the Cabinet,
situation.

is a fact

the

announce an improvement

of

in Mr.

Gladstone's health; but

Mr.

is,

and

which

satisfactory

of these views

Gladstone has quite recently declared that

there

be necessary for him to seek for a time

would be no change in that part of the Ministerial proIt is an open question,
the milder air of the south of France, it is impossible but gramme which related to Egypt.
that the programme of business which was announced at however, how far this determination would be affected by

if it

should

still

be seriously disturbed. his temporary retirement. It is just possible that in his
England at present who can absence Lord Hartington, aided by Lord Granville and
regulate and control the movements of that complex Sir "William Harcourt, would be able to push matters in
machine called the Liberal party; and that maa is Mr. Egypt with greater vigor, and with a less scrupulous

the opening of Parliament will

There

is

but one

man

in

regard to tender consciences.

Gladstone.
It

is safe,

we

think, to

say that whatever truth there

If

rary retirement on the ground of

Mr. Gladstone's tempoill

health should not

be

and the opposition in the Cabinet should become
porarily from the scene of active duty, while still retain- obstructive, it will be competent for the Prime Minister to
ing his post as Premier, we cannot think that there is any reconstruct his Cabinet and pursue his own policy. It n
likelihood of any immediate dissolution of Parliament and not an impossibility that Mr. Gladstone, consulting his
consequent appeal to the constituencies. The Government own health and comfort, should resign but with the
is strong with the strength of a powerful majority; and Reform bill on hand, such a course is only conceivable on
although thero may be a pronounced anti-Government the supposition of positive and dangerous illness. In the
feeling on certain subjects outside the House, it is with the event of his resignation, the presumption is that the
On seals of oflBce would be placed in the hands of Lord
feeling of the House that the Government has to do.
Hartington and even in such an emergency, it is well to
Egypt,
and
two great questions the policy pursued in
bear in mind that, in the present condition of parties in
in
the
of
the
pursued
Ireland
strength
the policy
Hiay be in the statement that he

is

about to retire tem-

necessary,

;

—

;

—

1

.

March

THK ClIRONK

aa, 1894.]

the HouM<, « dissolniion and an appeal to the oonnitnencioi
would be unneceuary. Sometitnes things are allowed to
.liiff,

drift auccesstuUy.

and goraetimeB Ibey

Oraham should aucceed
Mahdi. the

satisfaction of

may

yot shape itiolf to the

and without any radical change

all,

However matters

Government.

Oeneral

breaking the power of Kl

in

Kuryptian policy

If

in the

849

Li:.

Lantlon.
I"

l»

M«n.

Mat.

BOI»„

<

fi

4,7,-, 7-.

7980

7»-6«

ll»>«
125

n.'M*

i:fi>9

lIS^i

12S

I3A

136%
»»%

iin
12S

I

SUoTmII.

A

Pnol
•tock

St.

24>fl

raay end, there can be

29i>«

Uttrpool.

24N^
61

04%
134 >4
no>4

"'
24 «|
«0>4
2U>t

V,

29»ii

U7\

I118U

tral

94

133%

fl34t.

1»S%

em

61

* Reading,

55\

93 \
34 >4
134

94

....

134

no doubt that a policy of greater energy and purpose in
the earlier stages of this Egyptian difficulty wo«ld have

AOI>|(
>01i»i, 102
t031i, 109 If

I

Fr'rh r.'iii. <i:. r.n.'n
...
U. H. I'v "I I ''I
U. M. 4« if i;>i)7
OBBMllitn Pnaillo

118

(117%

Am*.

JKon.

Mat.

We

JOI',
102

'

7a-B0

24 U
133%

24 >«

fll»«

2I>>«

2'»»ii

118

|1I8>«

Wtd.

nturt.

JH.

prevented a world of troublo.
d.

I.

Statk Railroad Report.— We have several
o<fa.sii)it to c.'ill altontion to the UB<>ful work our

Nkw York
hatl

tiiiiiN
.Stiitf

Railroad fonimissioii wa« rendering in various ways.

We have now
ficiency

to

they

comiuend them for the promptness and

have displayed

in

preimrinR

their

ef-

annual

rionr (rx. Btat«)..10O lb.
Whom. No. 1, wh. "
"
Biirlnv-, No. 2...
"
Wliilci-.Hoiah.n
"
Wliit.i W.uil., o
Corn, mix., old...
jom, mix., new..

9

1

8

9

8

8

4

Ml

When

the t'ommi.>wioii was created, the duty of prc-

{laring this report,

State Engineer,

which formerly had devolved upon the

was

placetl

in

their liaiids.

Tlie ta.sk

hail

The figures
and data were thrown together in a mechanical and baphazard sort of way, and, to further detract from the value of
the report, with eaeh »uccee<ling year the volume was more
and more (ielaye<l, till finally it came out sixteen months after
the close of the jieriod to which it related, of course being
destitute of all interest and throwing discredit upon that State

II. 9

11

11

7

"

7

"

."5

I

9
8

8
4

9

8

9

8

8

8

4

8

4

4

1

8

1

8

8

7

8

'J'«

21s

5

O

4

an

4 10

4 10

70
4S 6
92 U
48
71

E>ork,We«t.iiiea(..Vt>t>l.|70
Bacon, long olear, now.. IS
B«ef, pr. mesa, new.yto. 02
I

report.

d.

7

"
•

d.

8

.

Cal.. No. 1
Cal., No. 2

f.

Lard, prime West. V owt. 47
171
Obeese. Am. choice

o

70
49
92
47

45

92

47
70

171

8

OiFommevctalaiid llttscellaneatts JB^tvas

previously heen hut iniperffctly accomphshed.

National Banks.

—The

following national bank has lately

been organized:
8.188— The OaleaburK National Bank. IlUnola. Capital. 9100.000. W.
Wj Washburn, President; J. II. Losey, Acting Caflhler.
Imports and Exports for the Week. ^The imports of last
week, compared with those of the preceding week, show
a decrease in both dry goods and general merchandise.
supervision wliich tolerate<l such a state of things. Moreover, The total imports were 18,033,057, against $9,626,819 the preto reduce the lahor of getting out the reiwrt, the process of ceding week and 1:8,339,074 two weeks previous. The exports
wholesale and indiscriminate condensation was adopted in the for the week ended Miirch 18 amounted to $6,107,366, against
later reports, till one of our contemporaries in sheer disgu.st $5,339,440 last week and $5,046,465 two weeks previous.
The
was moved to remark that the report was not only late in com- following are the imports at New York for the week ending
ing to hand but wa.s a sham when it did come.
(for dry goods) March 13, and for the week ending (for general
In marked contrast to the tardiness and inefBciency that merchandise) March 14; also totals since the beginning of first
distinguished the old system, we have the celerity and gen- week in January:
eral satisfactoriness that characterize the new. The present
rOBBIOR IXFORTB AT tCBW TOaK.
report is the first issue<l since the change, and is in
for Week.
1881.
1882.
18S3.
1884.
two volumes. The first volume was a review of the proceed(3.410.504
Dry goods
92.985.818
93.449.811
(2.636,173
ings of the Commission during the twelve months of its Ocoi'Tmer'dlae..
6,406,552
7,924,424
6,495,753
5,386,879
existence and was published noon after the opening of
Total
90,432,370 911..')34.g28
98,945.584
8.023,057
the year. The second volume contains the complete tabular
BinceJan. 1.
Dry gooda
$29,444,231 934.657,013 833.346.269, J3t.618.192
618.182
statements which the railroads are by law require<l to make, Qcoi'l
66,36i».6S3|
62.S201.557
'In
mer'dise.
72,273,192
60,014,619i
and was put in our p<i6sesiuon, bound and printed, in the first
Fotal 11 weeks. 989.458.850i$106.930,205!9100,3 1 .5,952f 993,879,739
part of the current mouth. As the railroads have until near
In our report of the dry goods trade will be found the imthe close of DeoMuber in which to file their returns, the work
of preparing, arranging, printing and publishing the report ports of dry gooils for one week later.
The following is a statement of the exports (exclusive of
was pressed into a sjiace of about eight weeks. Much of the specie) from the port of New York to foreign ports for the
extreme delay under the old system was no doubt due to the week ending March 18, 1884, and from January 1 to date:
time consumetl in getting the document through the printing
BXrOBTM FBOX HEW TORK FOB THB WBCK.
office, but it is to be noted that we now have the report in
1883
1881.
1882.
1884.
printed form at an earlier day than that at which the work
$6,134,617
98,419.3.50
FOrthe week..
«7 ,800,595
$6 107.266
of mere compilation was formerly coinplete<l the State Engi- Prev. reported.
7P,30e,235
64,109,663
75.719,991
AS,891.272
neer having usually submitted liis report to the Legislature
Total U weeks.' 983.520.586 *70.244.280 978.72.5.5S5 961.998.538
about the 1st of April.
The following table shows the exports and imports of specie
The present report, too, shows much skill in the arrangeending March 15, and
ment of the tabular matter in a useful and convenient form, at the port of New York for the week
since January 1, 1884, and for the corresponding periods in
and gives other evidences of the presence of a guiding spirit 1888 and 1883:
of some intelligence. We understand that this part of the
BXPORTS kSD IKPOST8 ar SPROIB AT saw TOttK.
Commissioners' work is under the special charge and direction
Imparl*.
Sxporli.
eotd.
of Mr. John O'Donnell. to whom also the public is largely
Witk.
SineiJan.X.
Week.
8i>%etJan.l.
indebted for the system of quarterly returns lately put into
9600,848 99,773.782
9
force.
If that is so, then this is a particularly gratifying Qreat Britain

—

,

.

—

1

feature, for Mr. O'Donnell
least satisfactory

member

Prance

of 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 characterir^ the judge in actions against the railroads, but he has been a most efficient and trustworthy member
agreeably disappointing the exjiectations entertained with
regard to him and we only wish that the public service
contained a few more such useful men.

—

... ...........

was deemed by the community the Oermany

—

West Indies
Mexico
South America

I

KnallKh .Harknl Reporto— Per Cable.
The d.iily closing ((uotjttion for securities, &c., at London,
and for breatlstuflfs and provisions at Liverpool, are rep<)rte<l
by (^ble as follows for the week ending March 31:

i',5d6

522.000

95.925

191,-692

Tetal 1884
Total 1883
Total 188;i

14,491
84,992

4.740

56,606

65,754

"ioo

400

$807,273 99.517.728
5,600
89.2.'iO

95.140

9IA6.«2I>
1.916.871

All Other couutries...

l.OOOj

9,864,998

1.463.933
7,817

385.066

Silter.

areat Britain

9234.50o' 93.198.834
211.07S
25,438

•„..:.

9».0«8

'

...v..

37.053

West Indies....

PKonetatrtjl ®ormmei;ctal Uttgltsb p.ems

i'.506

109,000

Sooth America
All other eoantries...
Total 1884

s'sbo
62,985

it!.it'i3

i'.suii

150,10.^

88.918
.•.866

512

62,9S5
36,345
60,268

769.883
39.636
8.63S

Vi2'~<^T>

#3,5SH.51«

992.7S5

91,006.377

;{4.^9.0dl
240.48^
1.134.646
760.390|
ToUl 1883
2.li2^.987
451,536
261.2361
13.1.138
ToUl 1882
Of the alwve imports for the week in 1884. $.5,140 were

American gold coin and $901 American

silver coin.

Of the

^

.

THE CHRONICLE.

350

exports during the same time $551,925 were American gold
coin and $35,300 American silver coin.

Foreign Trade of New York— Monthly Statement.— In
addition to tlie foregoing tables, made up from weekly returns,
we give tlie following figures for the full montlis. also issued
by our New York Custom House. The first statement covers
the total imports of merchandise.
IMPORTS INTO NEW TORK.

nry

Months.

1884.

1883.

Oeneral

General

Ooods.

Drv

Total.

Merchan-

Goods.

dise.

January...

13.538,890

21.898,814

30,09r.701

1S,.S45.312

27,915,800

41,280,612

February

11,3^7.8241 28,175,208

39,573,030

13,730.71

20,749,010

40,479.727

24.«SJ,714l 54,D74,020

79,570.734

27,07B,029

51.6B 1.310

81,740,.'!39

.

EXPORTS FROM KEW YORK.

CUSTOMS RECEIPTS.
At New York.

Total Merclia}ldise.

Months.
1884.

ias3.

t

January...

February

20.792,783
23,531,860

.

Total

January

28,891,032
28,428,360

11,782,059
12,084,811

.

February.

12,574.833
12,191,<03

a3,K8n.8i(it 2i,';«(i.4ii

50,329,015

—

& MiTchants'

Telegrapli Co. At a meeting of
the board of directors held March 10, the following resolution
was adopted:

Bankers'

liesnlpcil, Tb.1t a millinn rtoUar.=* of the oapiral stock of tbh e:>mpiii,v
(nialiiiij;; a total issue of three iuilUi>n dollars) ue issued, aud that sioekliolders of record Aiirll 18, 1S8I, sliiillUiivo the iirivlleife of t.ikin!; ilic,
eaiDC at par iu casit, in tin*, proportion of (iiit? share ot tlie. new i.ssue fur
every two sliai cs then held l>y tliem, respectively, pa.viiicnt tt> lie made
and stock delivered on Monday, Apiii ai, 1831, ou which day tlie optiiiu
to suhseiibe shall expire.

Valley.— Tlie Boston Herald reports that the
lia.s been substantially agreed upon bjtlie combined committees representing tlie bon<lholders and
stockholders. The present 1st mortgage bonds and coupons and
Coiiiioftoii

plan of re-organization

on the coupons to

May

converted into
preferred stock at par, and will amount to about $6,500,000.
The present common stock will be converted into new common
stock at 50 per cent of its par value, par for the old being $5i)
and of the new ^100, tliat is to say, one new share at |100 will
re])resent four old shares at $50. This will reduce the $5,000,000
common stock to $3,500,000. The ol<l jireferred stock will also
be converted into new common at 60 per cent of its par value,
now $50, but to be $100. There will be three new shares
at $100 for ton old ones at |50. There are now $885,000 preferred. It will be particularly stipulated that the preferred
stock shall receive all earnings above ojierating expenses and
fixed charges to the amount of 50 per cept. and that there
shall be no extensions of the road or other similar and extraordinary expenditures to create a lien above the preferred
stock, except by a two-thirds vote of the preferred shareIt is not yet settlsd just wlial provision will
holders.
be made for the terminal trust, .car trust aad eijuipment
indebtedness, but it is probable that a mortgage will be issued
for $1,000,000 at 6 per cent, and the terminal and car trust
securities be exchanged for it at par and the equipment at a
possible sacrifice. The amount of this indebtedness is about
$850,000. The road could probably take care of a $1,000,000
mortgage and perhaps show a surplus.
Ohio Central. At Charleston, W. Va., March 15, Judge
Jackson, of the United States District Court of West Virginia,
rendered his decision, extending the power of Thomas R.
Sliarpe ap receiver over that portion of the Ohio Central Railroad
lying between Corning, O., and the Ohio River. In the three
cases of Nelson Robin.sonet al.. Owen and Johnson, and the
Central Trust Company of New York, against the Ohio
Central Railroad, the question involved was a conflict of jurisdiction between the United States District Court of West
Virginia and the United Statas District Court of Southern Ohio.
interest

1,

1881, will be

15 last: "Half the interest on the first-mortgage bonds for four
years from July 1, 1883, to Jan. 1, 1887, both inchisire, to te
paid semi-annually in cash, commencing July 1, 1884; paymentf
of the remaining half to be deferred a reasonable time withoutli
surrender of the first-iportgage securities of the same, with'
interest at 5 per cent, payable semi-annually on such defeiredii
amounts as run from the dates on which they origi lally matured,)
provided that in anj' scheme of reorganization arranged on the';
basis we propose, there shall be embraced projx^r guarantees for'
the due and punctual enforcement of the condi jous thereof."
committee consisting of Messrs. George Buckingham, Crowell
Hadden and (ieorge Arents was appointed to carry out the provisions of the foregoing resolution.

A

Merchan-

dise.

[Vol. XXSVIII.

Shenango & Alleghany.— On the application of English
stockholders Mr. John Fowler Powell has Iteen appointed
Receiver of the Shenango & Alleghany Railroad, which extends
through Mercer & Crawford counties, Pa., a distance of 46
miles.

Slnaloa & Diiningo.— The Boston Transcript says that the
Siiialoa
Dmango Railroad was organized to build a railroad
in Mexico from Altata, on the Gulf of California. 250 mfles
east to Durango upon the line of the Mexican Central,
subscription wii.s first taken to build 40 miles of road from
Altata to Culiacan, and the company promised, for $2,700. a
block of;$3,000 firet-mortgage bonds aud .?3,000 stock. Nearly
1540,000 was paid in and the company proceeded with construction.
The subsidy was .$8,000 per kilometre, or mbstantially $12,000 per mile, and was so promptly paid 1^ fee

&

^e

Mexican Government that when more money was

needed

the stockholders advanced (Januar3'. 1882), $200,000 upon
a one-year 7 per cent loan, taking a bonus of 100 w}r
cent of stock and the subsidy receipts as security. !n»e
subsidy repaid this loan within the year. Besides the
$540,000 of subscribers' money exjieiided, the company
collected and expended over $200,000 of the GovenuMnt
subsidy, and negotiated
the other $309,000 subsidy with
Mexican bankers at oiilj' 7 per cent discount, and spent the
proceeds of this also, nearlj' $1,000,000 in all having gone into
the construction of the road. As the company has no means
for further construction, the subseri bers were to be r.skedtosnrrender all their rights the securities having never been daiiTei'ed
allow the proj)erty to be turned over to the partieeto
whom it has liecomo indebted, and receive in cuiisideraUdn

—

—

exemption from

A

'

'•

1

i

'

i

|
}
!
|

j

j

jiersonal liability.

by the company asks holders of rights t
allow the com|)any to use the securities as pledges for a loan.
Toledo Cincinnati & St. Louis.— Mr. W. J. Craig, re
ceiver of the Toledo Cincinnati & St. Louis R.iilroad, h:i
circular issued

filed bis reports for

December and January

in the clerk's

oftir

of the United States Court. Tlie report for December show.'total receipts $179,316, iucludin,g $33,013 on hand December 1.
In January receijHs were $136,313, including $55,710 on hand

January

1.

Cash bala«ce on hand January

31

was

]
i

.^33,809.

Virginia State Bonds.— Messrs. J. A. Hambleton & Co.,
Baltimore, say in their circular: " The Virgiiii:i Legislature is
expected to adjourn to-day. As we have informed our readers,
there were many bills introduced relating to the debtquestim
but the only ones which have passed both of which iequii\
the signature of the Governor to make them laws— is the bill
recjuiring all license taxes to be paid in money instead of
coupons as formerly, and the bill which amends coupon-MlIpr
No. 1. soas to give the holders ot 10-40 coupons the saiii
rights as are possessed by the holders of coiisol coupons, viz
to prove and collect them. Coupon-killer No. 1 formerly pr
viiied only for the proving and collecting of consol coupoiLThis latter bill is favorable to the holders of Virginia 10-lOs.'
Attention is called to the notice in our advertising coliinm
of the Iron Mountain Company of Durango, Mexico, for adil
tional capital to enable it to increase its cajiacity for manufii
turing iron from the vast deposits of ore which lie above
ground and form the celebrated Iron Mountain of Durango.
This company was organized under the Laws of the State of
New York in 1881, and embr.aces the names of Wm. L. Ilclfeiistein, President, and Joseph Knotts of Council Bluffs, lowa.
Ohio & Missisiippi. The decree of the United States Vice-President. Owing to the high price of manufactured iron
CiiKiuit Court in Illinois provides that Receiver J. M. Douglas
in Mexico, caused by the high tariff and heavy cost of traufshall deliver to the company 415 bonds juid their coupons, portation, and to the well
attested richness of its claim in both
secured by a mortgage on the Flora & Beardstown Branch. quality and quantity, the promoters state that this company 16
The receiver is also to surrender possession of the roadbed and well entitled to attract the attention of investors as an enterits equipment to the company as soon as a written consent to
prise worthy of examination.
the dismissal of the foreclosure suit and a $500,000 bond to
The New England Mortgage Security Company of BiMtnn.
provide for the payment of all debts incurred during the
which has successfully placed its bonds to the amount of ;il)c«nl
receivership shall be filed.
$3,500,000 since its organization in 1875. has now for sale a Jiart
Portliiiid & Ogdensbiirg'. At Portland, Me., a bill in of the issue, series "F," which bear 5 ]ier cent interest. Tli'
equity has lieen filed against the Portland & Ogdensburg Rail- capital of the company, as also the procewls of the sale of ii
road Company in the Supreme Court by the trustees under the bonds, are invested in well-selected farm mortgages, and nii
mortga.^^e of 1871 for possession of the road by the trustees and Jan. 1, 1884, the company had loans on its liooksof $3,0:! !.3>>"i.
the appointment of a receiver. Mr. Putnam, counsel for the secured bv firet mortgage on 839,337 acres of land, estim;it'.^i tc
trustees, says the bill in no way reflects on the management of be worth
The comiumy's card Ls
$9,099,931.
the InvKSTOK>'
the ruid; that this movement will not cause any security- Supplement.
holder to part with his securities at any diminshed j)rice: that
Auction Sales. The following, seldom or never sold at tlio
tlie emergency calling for this action has come on very suddenly, and that when a motion is heard for the apjMintinent of Stock Exchange, were sold at auction tliis week by Messrs.
a receiver, he believea it will be conceded by all that the Adrian H. Mullei' & Son.
Sliarcs.
Hhnres.
course the trustees have tiiken is prudent.
40 nrooklya Bank
130^ ;?r> Patcrson * IInd.Riv.Ri?.145,'-J
Ricbniond <k Alleslieny.. At a meeting of the fii-st-niortgage
l^^'a
101''iMirtU National Hank., llli'a
.Ti Home U\i*. Co
I23_
2.'5 Tradesmen's Nat. Ban!;.. 1 '14-4
bondholders of the Richmond & Alleglwuy Railroad, $1,311, (WO
10 Clintcin l-'irn Ins. Vn
«•>
(N.Y.)..
.I.l'^tiii!
10 lat Nat.Bk.,^aters'n,N
Qi)Eiluitable«.iF-ry.
first-mortgage bonds were iiepi-esehted. The following basis of
Iio>id.
10 .V.V. Mutual OasligUt. ... 130
settlomont -was proposed in place of that submitted by the Rich- l!lO MY. Ufo fes.* Tr'st.o 10-5 2014 $2,000 PlHtbiish WaUrWrlts
!•'
mond & Allegheny officials in their proposed plan dated Nov. 20 N Y. Kiibber Co
WJ
Co., l8t Os, duo lull

;

j

—

,
i

—

—

—

—

—

m

—

—

\

M4flC« ja, IM'4

rm: chroniclh

1

ghc ^iuiUci^

351

v^ii^-vitC*

'tl..

4M>«

« f1

..••••

4K«>«

MAN

4

ftlOV

ThP

f

H'Acre

l-tr

Sawn or Oumtmna,

CohiR. -The follovviog are quptatUms In g(4il for varUmn

\IIKK. I'KIIIAV, MIRCII

KKW

^I.irl.i't

i(,,ii..\

I'll,.

coins

iin>f

It

1.1)1

SO

itrf M'Mi ir«'M Itnuu-ktl

fDn^f tnrlu«irfj

.Hd.
fW.

St-liSl
4<i>S

4'>>4
II-

;(>ioi^> I'tnint.

vll.

riMiiictiil

iiiiil

I

SSI -J

:

-

Ittv.

««A

aai

i^M

f. II.

Siliialiiiii.

Tl..

t

V

- Hi
4 77
— BH
— Pi*

pur • <4 pnnit
par

-

<.)0><«

•
• 4 J
• — 7u
9— ^

W)\

•

pir.

\ inif
vi>rv
il In

I

United Slates HoikIh.— There Ins been an increased do"

maud
.

puiKT

Ixtnkti iuv K^'O'' uiori'Uiilik'

fixiiu

t'ur

liucvuut tUua

for

,..

Ixinds at advancing prices, Uie 4*23
higher than a week ago.
.. the N. Y. Board i>avo been as follows:

ii.iriiui'nt

:

,

;it

nwcitti Mtk.

'

|ir»>s*'nt.

Period*.

tiaa, lfl91

the

iM'iyiiise

are now. anil,

tl

amount
Tli<>

riMwIb w.Tf tlifii carrying » lar^e
liail IxH^n ilclaywl in nroviuus montlis.
the Xortliwetit
'rjfi of tlio St. Faul.
A n fiilliiiK olT for this rwvson.
In
wluiso
exhiliit reracitic,
January
1
Mi.i.
cif over ^GIHI.IHIO wiis niaile |iul)lic thin week,

N

fnrtlu'r,

II

<>r

•

1

and

I

tl

1

cin-uiustimce of an intenwe comjietiRio
Quini-y and the Denver
tion with the Burlington

4a,IB07

reK.

1907

coup.

la,

3(, option

&

—
—

Bi),car'oy, 'i>8

,-1

reK-

This

la

:

;

A.

1

i:i "s

Id

'fi:;

I

1

.

-

-

•;2a
!:it
•.331a
•i3B ;
•138
,

J. 'lai
J. •13.1>4
I'la';
tL J. •!:«

'VM

1*138

•ia8

&
*

reR.

the price

;

Ueh.

18.

h

««,oar'cy. 'i9....reit.
•

1

Vek.

-.1

rej?.
GB.our'cy, '05
8a,oar'o7. 'i}6....rei?.
to.cnr-oy. 'a7....reg.

lilitioiial

&

U. 8

Jfa».
17.

nans tlSH

reK.|Q.-M»r.
ooup.

i,18»l
il)le

15.

j.lna-j

1'

at the moralnic board;

l)ld

IJ'J
•i;a
M31
131
V.Vi^ •134

I3H
13U

1'

-i:«;i
•i:!-.i

no taU was made.

State and Railroad Bond.s.— There

h;ia

a decided

l)een

market for railroad twnds during the last
week. There has been a larger volume of bu.tiness. and prices
if specie has diminished, temporarily
have generally advanced under what appears to l)e largi-ly a
roni New York tlius far this week
legitimate investment demand for tlie better cla.ss of such se-i.M .....,.,,, making a total of about |10,(X)(I,000
curities, as well as an increase of speculation in the low-priced
Vebruary 21, when the nioveiuent l)egan. bonds. The viu-ious issues of the Western trunk-line roads
.i
of 15 cents i)er lIXi x»onnds (10 cents pre- have been conspicuous in the rise. The largest advance, how.5
cents more this week) in the rates of ever, was in Oregon & Tnins-Continental firsts. Incident to
I'l
freights from Chicago by the trunk line rail- thb, we loain the Oregon Railway & Navigation C^ompany has
is ttiuivalent to a redviction of 9 cents i>er bushol in the
negotiated ^3,()00,(K)0 of a new loan, and that with the proceeds
of the wheat stored in the Western markets, and if it will at once complete its line to a connection with the Ore'
neutralized by an equal sp-culativo adgon Short Line of the Union Pacific. The Camida S<
prices, it should fa<ulitatc the uiovenient
also said to have negotiated tliis week the entire ?r..
ard and the foreign uiarkets, ;md to just
i...
its is.sue of 5 ikt cent second mortgngo Ixinds.
that breadstuffs went out of the country further Shore .^s have Ijcen more active and hij^lier. though no dciiin
To
liowwould
be
avoided.
some
extent,
of gold
action appears yet to have lieen taken on the hnancial plan lor
•Vul, iJie re<luction in freights is only nominal, sis previous the relief of the company.
by
had
been
cut
some
of
the
re<luctiou
rates
orticial
lo the
A comparison of cla-iing prices with the final figures of
leading lines.
Friday laat shows an adv.ince of IJg in Burlington & Quincy
interior
New
York
ami
in
the
markets,
Ixith
in
money
The
debentures; I'i in Canada Southern firsts: 2"^ in do. seconds:
':••
cities, are still over supplied with loanable fimds, and ratra
inC
IJ-^ in Central Iowa (12astcrn Division) firsts; 2
for ajl clas.scs of ItKins iukI discounts remain at low figures. & Ohio firsts, .series B; 3 in do. currency Os; ^'4 in
lu the New York market the rati's for aill loans on st<x'k consols; 3 m Green Bay Winona & St. Paul incon;
m
collaterals have continued at 1'-^ and 3 per cent per annum International & Great Northern 6s: 2 in Jersey Central ile(the hulk of transactions h<>ing at the higher figure), and time bentiircs; 1 '« m Missouri Kansas & Te.xas general mortgages
il; sttK-ks for any jieriod less Jh.in
,'ood diviil.
2 in Louisville & Nashville general mortgages: 1 "a in MetrojK)liDisat from 3i^ to 4 i>er cent.
are still
tan seconds; W^ in Milwaukee & St. Paul, Chicago & Pacific
••• .i^iiti;
"
i'-iiKiiu at 4 and
|)er cent for
(Western Divi.sion) .'3s; 2'':i' in New York & New F!ys and 4 months, and
and
in Chicago & Northwestern consols: 1'^ in do. di
\%
iiss. it is app-.irent that the
[:iMii ~.
.\.
\% in Northern Pacific firsts: 4 in Oregon & Trans-*.' .: ... ...il
exixjrt movejnent of sp«c-ie Ls reducing the reserve of the New flrsts; a in Rome Watertown & (Jgdensburg 5s: 3';; in i'exas &
York bank» to a point where it must soon affect th«ir ability Pacific land gr.int incomes; 3J,^ in do. Rio Grande Division

improvement

in the

Gnin'lf.

.

!

•

1

i

..

-

i

.

•

^

I

1

,

;

'

I

.'i

I

!

r,

'

I

\

.

1

to loan.
-

|1..,,

of the

:

pM

francs in

(lermany

il'

in Walwsh general mortgages; l.'i in New York West
firsts; 2'
Bimk of England on Thursilay Shore & Buffalo
2 in Fort Worth & Denver (^ity firsts: I'l;
was
inreserve
in
the
Hank
The
-.
in Shenandoah Valley firsts: and ',"2 in diL
."is;

-

'

n.nd

•,'.0(M).0(»(l

francs in silver.

The Bank

of

marks in s|H!<'ie.
shows the uhangeit from the previous
!..:[, jioi.-on with thw two preceding years ia
the
the New York Clearing House l>anks.
"-M)

i

ie

I'uefol:
'.:

;

.'i

gain of tl.61i),000.
47 1-ltl jM'r cent from 4S 7-16 per cent last week.
;.
rate of cliscouiit remained lUK-hauged at 3 |K>r
The l?ank of IVance gaiiuii during the week a.'J7.">,0<K)

'

•lent.

v\

1

I

.;

The weekly statement
'

I

'

'

I

I

:i

r

'

'

State issues were ipiiet during the wi-ek.
j.
be«;n confined to Tennessee compromi.se
North Carolina 4s at 85?8 and South Carolina «3 non-fuudable
at 3.
Notwi
^
Railroad and MIsrellaneon.<« Stocks.
^
the diminished current cartungsof the jniucipal
r cent in t
lines, and the (^nornvius redui'ti"
grain,
I
weeks in tlie tariif rales on
meats. &c., by the K stern tniiiii ri.
been held coini>aralivcly firm by
1

•

.

—

Wc

;

t8P3.

l!»t>4
jtf'tr

\f>.

1

premoHS toe«k.

Xar.

1

IdSa.

Mar.

17.

IS.

1

and
'Tl

Lie«aJ resort e,

also in iliv faC. lli.il tlitPacific Imve sul>inittc<l mati

i'

Sewnre held
Bnrphia
•

.

$<i.(j.->l.s'jj

.

Exchange.
lint
,1

verv
-<

liitll

M.

.i/.iiii

;

i

fon-ign exchange market has liecn firmer
during the {last week, and on Monday the posti'd
d 1., <vnt on the £ tQ 4 *^ and 4 'Xi
!K) a week aito.
The rates for actual bii
'"
" )ws, viz.:
-

-

!

'"

-

:

I

!

{

.;:...,
JSU.

ll<

II

I

I

'

'Ml

.tandtheunw!

"'
Its. as from an \
are taking rery little interest lu »lo»-ks, and the market
Ins Ih-ou left entirely to the manipulations of the profett8|ieculators aiid the room traders. The
show an advan<'e for the
that
'

-.,..-..

.\

cables,

I'ly

:

I

»

"

'

'

'

1

scarce

;.

t 'ontiiu-ntnl bills have Iki'U firm throughout the weei<.
Quotations tor foreign exchange are as follows, the prices
being the posted rates of leading bankers:

4

M
I

lii.

— The

'

I

4:1 ij;i.o<jo

•JU.TTO.ST

Drllcl*.

I

I

Ue.:;G.405.aJ'j,

^

:

'

i.i-,..i

&

T'

gnmp.

P.

u'..>i8as

'.ilace

Car, ^

ManitoUi and Tcx:i.-- .V I'.niitic. Those showing
I.Ackawanna, New York Central, Heading and

are

Pacific.

di-r

line

I'nion

—

.....
.

.

1!
1

THE CHRONICLK

352

HIGHEST AND LOWEST PBI0B8.
Monday,
March 1'?.

Saturday,

March

RAIIiROADS.
AtohlBon Topeka & Sauta Fe.
BoBton * N. y. Alr-Llne, met.
Burllngtflu C«l. Kapids & Mo.

15.

Tuesday,

March

18-

54k
64
89
SSia
•I3ij
»23'8
'15

Central Pacific

Chesapeake <& Ohio

5434 55

54'8

54°s
043b

5434

88

89>«
58=8

S9\,
59=8

13

13%

54 14 64I4

sgas
14'8

5334

54 14
89

89
58 ^8 59=8

66

54%

64% 54%

89

8834
6834

- . .

2d pref

1234

136

1

65

U

Do

93=6

pref.

6812

Cleveland Col. Cinn. <t Ind
Cleveland & Pittshurg, guar.
Colnmbus Chic. & Ind. Cent.
Delaware Lackawanna* West.
Denver & Rio G rande
East Tennessee Va. & Ga

138
I8J4

eh
12=8

pref.

& Torre Hante
Oreen Bay Winona & St. Paul
Hannibal & St. Joseph
Do

Harlem
Honston

6-|

pref

98%

67 'e 69

69"ii

93% 93%
88

68

93% 93%

•68

69

138
19

128=8 129'% 128I4I2914
17''8 1818
18% 21

I'^-'s

714
*12i2

127^129

—

Do

Kvansvllle

the
Friday,

March

Bh
7'8

•61a

200
•42
•41
45
1311,13114 131

714

13
71a

714

12%

7%
200

'194

7%

1234

7%

128% 128%
18% 19%

7%

1234
•42
8

73,

13
49

8%

200

93I4

93I4

67% 68
13334 13834

89

59%
1334
2634
15

137

125%

92% 93

11734117%

118% 119%
142 143
1^23% 123%
•10% 11
•26

29

31% 31%
93% 93%
67% 67%

Lowest.

139

139

Texas Central

Illinois Central

84 14 84 14

-841a
161a

45
131
86

2,026
3,870
1,943
16,310
i

650
300
105 14% Mar.
491 133% Feb.
I

1

7,608 118% Jan.
158,480 84% Jan.
1,038 11334 Jan.
53,8'25 11234 Jan.
410 140% Mar.
7,206 115% Jan.
9% Jan.
100 26 Mar.
'

27%
88%

1,500
1,041
1,840

58
88 138

8%

•8%
•193

200
46

Jan.
Jan.
Jan.
Feb.
Feb.
Jan.

734

•13

8%
193

8

13%

8%
200
49

131

100

!

44

1,798 |130

146
8,550
1,100
42,0'22

1,860

I

!

;

Year 1883.
Low. High
I

78%

%

Do
Do

•91

latpret..

S8>4
2213
*33

common.

Manhattan Beach Co

Memphis & Charleston

93

Metroi)olitan Elevated

Michigan Central

Milwaukee

L. Sh.

&

*91

Stfia

S8!t|

•92 100
91-8 93

Western.

pref.

&

Do

St.

Louis

pref.

;

105

New York Elevated
New York Lack. * Western..
Now York Lake Erie * West'n
pref.
Do
New York & New England
New York New Haven A Hart.
New York Ontario & Western.
New York Susq. & Western.
pr^f.
Do
Norfolk * Western

9212
23=8
1212

180
•lOia
•51*
•18

.

Do

•2113

Do

46=8

pref

2=4
•2234

Ohio Central

Ohio*

125

'105

921a

24 !»
1234

Mississippi

Ohio Southern
Oregon & Trans-Continental.

"1934
15=8

Peoria Decatur* Evansvitle..

*

&

•44

•92
•22
•43

San Francisco

Do
Do

pref.
Ist pref.

6

Do

pref.

MI.SCEM.ANEOUS.
Tel. * Cable Co
Bankers' * Merchants' Tel
Colorado Coal * Iron
Delaware * Hudson Canal
Mutual Union Tolegr.Tph
New York * Texas Land Co..
Oregon Improvement Co. ......
Oregon Railway & Nav.Co
Pacific Mail

Pullman Palace Car Co
QtUcksllver Mining
Do
prof

Adams

22
40''8

2-

,

,

TTnited States

Wells, Fargo

,

& Co

INACTIVE STOCKS.
& Minnesota

54

116%

9%

125

1414

'M's
I6I4

11%
534

17

99

92% 92%

69

23%

58% 58%

2%

2%

25%
8
1934 20%
16% 16%
58
68%

•93
9234

98
94

95%
92% 92%

-93

68% 68%
23% '24
34
96
92

28% 28%
13% 14
50
90
22
44
89

50
96
24
•45

50
100
25
46
93

40

•32
35
•20% 21%

91% 91%
24
24%
14% 15%
182

11% 11%
6

6

•15% 17

•234
2334

3
24 14

19% 20%
16

16

57% 58%

•38

40

17%

17% 17%

34

34

91% 91%
23% '24%
182

16
182

•10

11

1434

•6% 8
-15% 17

34

91% 91%
23% 24%
68
14

68
14

•10

11

6%

5%

•15% 17

21%

22

47

4734

2%

2%

40% 40%
2134 22%
47% 48%

23=4

2334

23% 24%!

9

9

19% 20%
15% 16%
57% 68%

234

234

19% 21
16% 16%
57% 58

91% 91%
•23% 23%

14% 14%

181

182

•10

....

53,

•15

13% 14
•49

23

44%
93

51
27
60
94

28 »4

13% 14%
•48
•92
25

61
99

47%

26%
4834

•93% 98

'

95

•94% 95

20% 20% •20
21%
76% 78
76% 77%
•16% 17
18% 16
26% 2634 26% 26%

•234
2334

•20%

16%
6634

28% 28%
14% 14%
•48
•92
•2434

51

96
26

47% 47%
93

933<

20%

213^

87

62^8

5334

109

86% 86%

85% 85%

47 14

I

133% Mar.

111% 131 "a
21V 51%

25=8 Jan.
8% Feb.

4% HI*

14% Feb.

11%

51

46

Jan.

8% Feb.

Mar. 121200

Mar.

Jan. 31, 51
Feb. 28140

Jan.
Feb.

86

Mar.

5534 56=8
5334 6634
10934 10934 10934 I12I4

•5

7

•5

7

•5

'24

29

•24

SO

•26
75

129

99%
•59

110

75%
123
101
60
112

75

76%

129% 129% 128
lOU

IOII4

69% 59%
110

110

8
30

75%
130

99% 100%
•59
'108

60
112

11

11

•5

7

•25

29

170
43
89

44

30

•26
73

•6

•27

911

•59
'108

%

130
100
60
110

75=8

130

100
60
112

100
60
112

18

16

400
IflO

19,350
18,505

700
181

30,898

430
300
396
46,348
106
4,186
53

750
350
213
103
6,150
58,920
500
1,790

300
2134
17

67%
334

67

61,110
6,215
30,450
162
100
100
1,500
6,178

400
2.100
1,820

300

96%

2,250
43,052
126.852
16%;
1,500
27%
3,725
2134
7634

126%

17%
108%
44

88% 89
55% 54% 56%
112% 112% 112%

75% 73% 173%
l.SO

4,200

•99

60
•106

7

29
731,

130
101
60
110

272

15

16

*

20
22

22

23

Warren
Maryland Coal

Central Coal
Pennsylvania Coal
Spring Mountain Coal
'

122

14

14
10

•9
'265

42

43:

16
10

•IS
•9
•266

42% 45

44

14
*9
'265

144
24

193% 193%
21

1'22

21% 21%
144
24

23

United Companies of N. J
Virginia Midland

New

20

20

21

Saratoga

Rome Watertown * Ogdensb

8% Jan.
3% Jan.

13
10

Jan.
Jan.
3534 Feb.
I834 Jan.
40% Jan.
2%J,'»n.

21%
7

21
122
•13

122

16

10

•9

10

287

...

•267

•285

43% 44

These are the prices bid and iwked; no sale was made at the Board.

t

Lower

.

41% 42%

17

41% 41%

price la ex-divideud.

148

77

84>4
,

17%! 35%

13%

33 14

92 3, Hi's
86=4
68
13
25

40 %|
30
38
80
38

68
58 '8
90
58

I

21
23
3

93 %

19

40

Jan.

59 %
24 Mar.

i

17!
1811
ll;l

I

12%

n

32

8,
2,

!

'

'

16%
13

f

1

16!

16%.Ian.

24
18
29

18%

6

11

7 42
26l 27

57%

23

16%
4'('

Feb.
Feb.
Feb.
Feb.
Jan.
Jan.

5 25%
J an.
6
9
Jan. 24 34%
Jan. 21! 17
Jan. 24 60%

334 Mar.

6

46% 61%
4

37%
84%

15,

Mar

3

Feb,

47
21
14
35
80

Mar,

20%

Mar

40
87

7'

69%
12%
24%

Star. 11
Feb. 18!
Jan. 26
Jan. 19!
Jan. 2'
Jan. 21j
Jan. 21

57

Mar. 4

89%
84
15

140 128
91
172 56
115 105

11

76%

Jan.

Feb.
Feb.
Jan.
Feb.
Jan.

Jan.
Feb.
300 1934 Jan.
80 192% Jan.
100 20 Feb.

15
40 142

9%
264

Mar.
Jan.
lau.

Feb.

29% Jan.

Mar.

3234 Jan.
90 Jan.
99 Jan.
19-34

32

15%
72
39
28
85
103
36 '4

69 la

33

100%
40 '«

90
9*

87=4
1691a

17%! 43

•22%Feb.
84 =8 Feb.

70 >s 101 '4
36 1«
15

Jan.
Jan.

29% 67%

69=8
57
2 1^2e34 Feb. 29 !ll8% 140%
89>b
21 17% Mar. 17
4,114 Feb. II 102% 113%
26
16
1B! 17% Jan.
126
55
7 170 Feb.
91%
66
22 63% Jan.
90 150
26 112 Jan.
44=4
23
21! 3634 Mar.
112%: 134
18J117 Jan.
9%
6
21!
6% Feb.
i6%
30
21 32% Feb.
71% 88%
18, 78% Feb.
1

01% Jan.

8

1

U

i

I

Jan. 3l!l32
Jan. 3:101%
Jan. 3! 61%
Jan. 23 115

1,095

95 122
300 12

16%

138

129%

Feb.
Fob.
Feb.

50
96
16 27
26! 60
31 95

Jan.
Jan.
Jan.
Jan.
Jan.

K

12

Feb.
J an.

40
88
20

'^

29%

Jan.

5

16!
I61

is:;

2
21
7

Mar.
Mar.

61
32

52% Jan.
28% Jan.
18% Mar.

18

23%
49%

3%Jon.

2!

Fob.

31\

14
10
32

Feb.
51%
130% Mar. 12,134% Mar.

1,394

Greenville, pref..

Oregon Short Line

821s

124

.Tan.

Feb.
Mar.
Mar.

.1

Jan.
Jan.
Jan.
Jan.
122% Jan.
523 38 Jan.
3,291
78% Jan.
71,873
4034 Jan.
4,600 103% Fob,
4% Jan.
25% Jan.
24,804 71% Jan.

100
300

•200

98 Mar. 61 76
94 % Mivr.
77 100%
11, 10
Jan.
10
38 Jan.
36
^^
)»4|
18 % Jan.
681]
36 %Feb.
33
23 % Jan.
19%' 34 'e
93 Feb.
86 106 '«
19%
12
Mar.
10
1'20
129%
127 Jan.
19, 58
Mar.
60 %! 64%
17!l22
M.ar.
111%
22 10 %Feb.
7
21 -20i34 Feb.
13^
90
85 Jan 16; 92% Mar.
83% 81%
'23% Mar. 14; 28% Jan.
26%!
72
66% Jan. 16 71 Mar.
12
Mar. 71 17% Jan.
17%
169
176 Jan. 15182 Mar.

150
33

Dubuque * Sioux City
Rensselaer

33
69

132

Cedar Falls

&

10

22

3,440 119%
1,800
10%
1,704 105
85
14%

Albany* Susquehanna
Central Iowa
Chicago & Alton, pref

Columbia

51 %Mar.

17% Mar.

IO'b
46^4
97>4

38
72
190
50

20% Jan.

40
82
42

33
76

'

6

1934 Jan.
Jan. 17 1043j Mar.
Jan. 3 78% Mar.

Jan.
Jan,
Jan.
13 Jan.
32 Jan.
90 Jan.
85 Jan.
10 Feb,
33% Jan.
14 Jan.
31% Jan.
16% Jan.
85% Jan.
8% Jan.
121% Jan.
46 Jan.
110% Jan.
8 14 an.
I634 Jan.

llh

I

4234 Jan. 21

25

9a

42% 42% 4234
86% 87% 87%
54% 6534 6434
111%111% 112

3

24%

95%

95

•'6

86

534

14
14%
•48
61
•90 100
2534 2334
47% 4734

89%

96

400
988

17

40% 40%
•22
22%
47% 49%

334

2834

1,610
1,930

40

•38
1634

•32

96%1 98%
21% 2134 21%
7634 77%
76% 77%! 76%
77% 781-j
•16% 16% 16%
1534 16
1534 15 't
26% 26=4
26% 26% 2634 27% 26%
68
58
68% 58%
57
57
125=4
124% 125
124% 126
124=8 124
124% 1-24% 124% 125
15i» 15 %
1634 17%
16
17
16% 17%! 17% 17% 17%
109% 109% 108%
IO834 IO834 108% 108 14 108% 108% 108% 109
*16
*16
17
•16
16
17
16% 16
95

34
98
92

•38
40
•16
17%
•32
35
21% 22% 21% 22% 2134 -22%
91»4 92
9134 92%
91% 9I34I 91-% 92
12
•10% 11%! •934 11
11% 12
123t
125 126%; '125 126% 125% 125% '1'25%1^26%
•53
•61
55
•51
•61
63
54
64
115% 116% 11534116% 11534116% 115% 11534
834
834
'834
9%
9
9
9% 9%
18% 18%
•18
19
19
19
19
19
•105
125
>106
'105
125
105 125
125
•38

•16% 17

21% 21% •21% 2134
4634 47%
4634 47%
23
8

23

941a 95
1912 '2034

7434

EXPRESS.

American

I

109

Western Union Telegraph

69
23

sg'^f

St.

American

1234

•16

17

•87

8t.Paul* Daluth
Do
pref

Paul Minneap. & Manitoba.
Texas * Pacific
Union Pacific
Wabash St. Louis * Pacific...

lW-2

x90% 90%
23% 24%

1034
534

2812 2812
1334 14

pref.

*

24

57

* Danville
& West P't Term'l.
Rochester & Pittsburg
St. Louis Alton & Terro Hante
Richmond

Louis

2134
92I4
11

•93

182

Rlchnioud

St.

17

35

58
581a
133 "a 133 la 133% 133%

Phlladi'lplila
iteading
Pittsburg Ft. Wavuo
Chic.
Rich.* Allcgli., sfk trust ctfs.

Do

40

180

pref

Northern Pacific

63% 69%
24

*37ia..•38
•16
17% '16
•32
'32
35
20»9 21=8
21
Missouri Kansas * Texas
9119 921s
91%
Missouri Pacific
-934 11
-934
Mobile* Ohio
'125
125 126
Morris* Essex
•51
•51
64
NasUviUe Chattanooga * St.L.
New York Central & Hudson. tll6918 1191a 115%
•8=4
New York Chic. & St. Louis .. •1818 -...9% •1818
pref.
Do

Do

Minneapolis

egia

23
3-,

93
92

300
2,^200

*91

86

48% 9ih

.

11,899

8434
843,

78
75

68% 90
6734 Jan
61
88
15 Jan.
13
23 '4
28 Feb.
23
351a
143, 27
17 Jan.
128
140% Feb.
1S71«
12734 Feb, IG 115»4 129%
3
21; 94% Jan.
91=4 lOiJig
119 Feb. 16 1115 122 14
124 Feb.
115% 140 19
149% Feb.
134
157
126% Feb.
116%! 12714
13% Jan.
10 la, 22
19: 35
Jan.
33
67=4
21 34%Jan.
30
66
21! 08% Feb.
91 1131.
231 69% Mar. 14:1 54
84
23 139 Jan. 5 124% 142
14
2 Jan,
1% 714

81%
65

Jan.
Jan.
Feb.
Jan.

90

J an. 11!
15 .Ian. 21'
151a Jan. 21,

93%

Mar.

80

58%

1034 Jan.
Jan.
5 Jan.

6 192

83%
57

40
3,166

For Full

1884.

80»4 Jan.

3% Jan.

2,694
1,000

1,

1884.

1,

Highest.

8O34 Jan.
Feb.
70 Jan.
63 Feb.
4834 Jan.
83% Jan. 24
57-%M.ir.
1234 Mar.
21 Jan.

127% 12734 157,750 114%
18% 19% 23,895 17% Mar.

•41
•42% 44% •41
44% 46
13114131% 131%131% 131% 131%
131
8434 86
•84%
»4
8434
86
84
leased line 4 p.c.
Do
"19" 19% 19
I6I4 161a
19
17
19
16% 17
161a
Indiana Bloomingt'n & West'n
•17
19
19%
•17
1834 I9I4
'17% 18% 17% 18
18
18
Lake Erie & Western
102=8 103 »4 1021a 1U338 10234 103
10234 103% 102% 103% 102% 103
Lake Shore
78I4
78
78
76
76
77
77% 76% 7714 77 14 77% 78
Long Island
Louisiaua & Missouri Klver
48%"48>i '48% "48% "48% "48% 48% 49% 48% 49
Louisville & Nashville
23
23%
22
22
Louisville Now Albany & Chic.
57" "67" 56% ee'^e 56
*b'fj'8'57i.|
54% 65%
66»4
65% 66
Xanhattan Elevated
'91
'91
•91
•91
99

&

(Shares).

1

12734 12834
I914 1934
734
734
•1234 13
•42
49

JAN.

Range Since Jan.

Week

21.

54% 56
64% 64%

8834 •88%
69% 58%
13% 13%! '13%
•26
26% 26%
16% 16% 16
136
'136
•136 137
137
124% 124% 125 125% 126%

89

59% 59%
13% 13%
25% •23% 25%
nSl4 16% •16
16%
1234
•24

•5434

55
5414

24 ij »23ia 251a
»14
17
16
136
13G 13612 137 137
Chicago & Alton
12334 1-24
124 12434
Chicago Burlington <fc Clulnoy 1231-2 124
013« 92=8
91=8 921-i' 92
92% 02% 9234 92% 93 14
Chicago Milwaukee & St. Paul
117 ij 1171a 117ial 11734 11734 117% 117% 11734 11734
pref. '117
Do
11738 118=8' 1173411914' 118% 119% 118% 119% 119% 120
Chicago & Northwestern
14234 143
148 '142 148
pref. 141 "a 141 ".jl 14236 14238' 142
Do
Chicago Book Island* PaclHc 121 "a 122^4' 122 1221a: 123 124% I24I4I24I4 124 124 14
•8
•10
•10% 11
10
'^h 11
Chicago St. Louis & Pittsburg •flia 11
»26i4 '28
•27
•28
30
30
30
26
26
pref. *28
Do
3II4 3II4
3II4 31%
31 14 31%
3034 30 34
31
31
Chicago St. Paul Minn. & Cm.
l8t pref

AND SINCE

81%

Canadian Paclflo
Canada Southern
Central of New Jersey

Do
Do

81,

Sales of

Wednesday Thursday,
March 19. March 20.

XXXVm-

[Vol.

NEW YORK STOCK EXCHANGE PRICES FOR WEEK ENDING IHARCH
STOCKS.

!

136
12
16
1.52

38
82

Feb. 12' 126%'1S5,
94 4
Mar. 17 88
Feb. 7 65% 65%
Feb. 13 113 128
;

186

Jan. 30 127
10
Jan. 18
Mar •-'0 13
Feb. Iti 140
31
Feb. 11

Mm

10

Mar.

•21

17%
88
150

68%
93

33
'22% Feb. 19! '*•
145 Feb. 12 139% 146%

24

193% Mar

34
15
21 !187%, 197
'

I

31
Jan. 24I' 20
Mar. \y, 118 118
17
Feb.
15
14
10% Jan.
204 Feb.
4934 Mar. e; 39%l SO'*

21
122

j

1

..

' ''

I

Mah<

II

—

,

THE CHKONICf-K.

I884.J

.'.

1

1

8521

QIOTATIONH OF STATK AND KAILKUAD BONOS.

TATK
HKCVHITIKS.

BSOVRITIIS.

BUL

A.3laA. KKM.
OUuM A. » U' A, mnkU,
fta,

lUUU

(•In>.« ('. «•.

ItfOO

Atl

MlMourt-

HI
lOJ

106
107

a«,dMlWT

Kanaiam

,

a*,

.1-.

.

IM 7 ooap

t«,du« 1886

,

1(>JO«,1»00
,1

A»v
V\r

Hn

.lo.,'H(l.

^7

Ui;

,

,

»

I

.

lux.i'liuu l,'08-0|

DO
Do
Do
Do

rlauH
toW. N. 0. UR.

100

'

1»U

178

78
70

I

iiliiUI

Wtl

KiL-uuklurod ocrnpoB....

Do

CODMl.
Bmall

:ui
.so

ItlU
1(10

00

»

B«,1886

1-

All. A
Bnlt

-Ut,Bii

Int. 7«;

116%:....
•14

Int. %ii

104% lOS

-

135

.

H

•18>»'....,
i>

Mill

A Snaq.— lat, 7s
Sd,7B.1896

Alb.

111

...

Ia.(

O.Ru

1

la-t
Clmr,

I'"-

'-'

"

•

.--

.'

Cl.v^
.

,:,

.

ivu

.;-.,

MurUiL-.'
.

-

"

'

'-..^

i.-s.

:

Pac. Ext.-latTos, 1931
lto.K.« T.-Oen'l,«8,1930
General, .5». 1930
Cons. 7a, liMMlS.a
Cons, 2il. income, 1911..

88

•(!->...

•:

11P4

103=4

I'll

:,..,

-.'A

-

(

,

*119
110

Kric-

IIIH,

'

C3.A

180 130^
•106%'

.

8«,aini[iiiL-

97

Sa,del>«iiiii

l«.Dlr.-.-

.J
I'JM...

11117

Keok. A Dot M.-l»t, .'.»
ConU»lo»N.J.-liit. 1K!M(
latoonaol.aaiieuted,l.iu!l

Coht., aaa«nted. 7k,

Conv.

Vth

90%

7i>,

ili'hi'iii.

II:..

1

ItoJ

\

UMi>..

.t

99% 99 S4

l§t. iJJf. l>lv.. 7». IW;!.
-- 1SU7 ...
»•
!«t. r

^:m....
;i»03...

."..7a

,

93

Il21

i;^.
.

-

i.n

i

•

114

1st. rir,.4s

Nl.

•134^

1;

.s.

:.

l8t.
Ist.

Ut.

Tenirl Tr.

lis,

19211

Mln-Mllv

lis,

1921
'1

..

*

98%100
1st, St. L. Dlv., 78, '89;
101
3d, ext.. 7b, lft»X

86

1807

131

•2d, 7s.

I

.

:

I'eoriutt 1'i.k.Lu

108%

8an Joaquin

1

133%'

n
90

Indianap.D.A Bpr.— lBt,78, 108 108\
1911
N<>.-Iat,«a,goId 114 1116
Is, 1900
86% 883>4

nr.-(Ss..

dtOreeon-lst, 6s
State Aid bds., 7s, '84
Land ffnuit bonds, 6a.

"—•

'

—

liit,6a

1900.
y.vr.

7»-lat,6a

iMutC:

Bonila, 6a,
il.

>-

,

OTeir'ii

1

iif.-M.fis.lOll*

s

7a, •87-80,
ii<l8,8s,>9S.I

I

...

100

Mtl.-.

...

l.ake .^liori' -Iiiv. Iiomls rj3
Conaol., conp., lat 78.1

DmM.AM
Iowa MM

I

1

,

90

81
li-LOs 108

«.l.>

1108%

-

,1

1

'
,

1

11,

..

...I,.

.

,1.— H««»....|
p. deb. certa.
I., CI, nil- .tla

31

83

108%
36

l>env.l>iv,l»8,a.H'''

iBt, consol..

00

lis.

F,. T

30H 30%

'.!!!!

180
138
ConaoL, nf., lat, 7a. ..
1'23% 134
ConaoL, coop., 2d, 7a.
CodboIm re«., 3d, 78 ...\ l"->3','
Loiur iBl. BJR.-iat, 7b, 'OH 1^20%'131
101
l»r. rmiMil.. .'is. I'.llll

I

1904,
1.1911,

"

,\"

do
8a, 1 907
Kans.Pac.-lst, 6s, '95
lat, 6a, 189H
C.Ilrr.I'.

.

Kscaiiabu

114

•

113% jlint^rwt p*ii,'.
115% 'Alleir^nvOn'

105 >4 106%

104%
107% 108%
114%
hlis

ioe%

1

INCUMI

-lBt,68..|

1

'

86
101

1893

1

icx...lai,6a

:

•35

8tI.K.C.AN.-K.c..7s 105% 108
Omaha DIr.— lat, 7s 113 1114
88
ClWda Br.-«s, 1919 •80
8t.Cha8.B(re.-l8t. Os, 84%'
No. Miaaoari-lst, 7b. 118
We8tnn.TeL-1900,coup. 117 130

1st,

Cal.

s

1907i

lBl,78. 1890,
Han..t .Nuiilia-l9t,7a|
I11.4So.Iii.-lat,ox.,ea|

,1920
«8
P»c.RK8.-Cent.P.-0., Us

12'J

7ii,

Q.&T0I.

-t.Os

1..

lala. 78. •83.1

GtWesfn-lst, 7a, '88,' 105

11)10;

..

I

Equipm't

Consol. ronv.,

76

Cs.l

.

(Is,

•

.

;'.i2i

niT.-Cp.es

I

'.'.1.

:

i;«,192l)

l'.P22

4
A
*W.—

\

1

Iliv., 7s'

1

,

"

110
19()7
107%
Gold, 6a, 1981
110%113
Dnb. 8. C.-3d DlT., 78, 110
95
Minn.— lat, 7a' 130
fed. V.
111%113
l8t prat, 7a •118
Ind. 31.
I3;i%i
13:1
lat, 4*68, 1900
•71"
113
114
3d, 4.6-68, 1909
90
09% Kaatem DIt., Oa, 1031 .
3d,

i

112

...-U

Inil'polia Dlv.-U.s, 1931;
Detroit l)lv.-0a. 1931 ..
Cairo Div.- 5a. 1931 .... •76
Waba.sh Mort. 7a. 1909I 86
Tol.
W.— Isl, ext., 78; 106\ 106

lSi)8...|

1(1-.

l8t,78

il.s

17s, 1911
1

11121.

Ist, consol., 7a,

!

i

104i'4

«<..

Us, 1010
7s, 1005
90
sablnu Div.-.lsuUa,1912] 88
70
Va. MUI.-M. Inc., Us. 19271 69
Wab.st.L.APac.-<ien'IOa, 68
Chic. D1V.-5S, 1910
"so"
Hav. Dlv.-«8, 1910
Tol.P.*\V.-lat, 7a,l917 109 110
83
Iowa Dlv.-tia. 1031

ill.tiil.a.t.l.i

Ohlotii

...'!

CKtl..* N.O.— T6n.l^7a; 180

|127

tm

U'l— ;-i.

lat, Terl trust.
Tex.A N. <). -lat.

97

llH

Ut.

Miilillo Dlv.-Kcjt.. 58...

I

90

96
106

*

\

117

H8,1916;

W.Tex.-

.--n'd

,.i

,

!

'

st.-l8t,6a

.113.

...

104
133

.

•2d,«8,1931
|Sbenan<riiV.-lst,7a,1900
Uonoral, Us, 1931
'rBX.Cen.— Ist, s.f.. 7s,1909,
1st mort., 7s, 191
I'ol. Del. A Burl.— Maln.Osi
Ist, Davt. Div., Ua, 1910

I

'

i>'llne,8*

124'«136

,.:.-

IDIO

1

Oir'

.

110
130
135

1

Ca.

'

1897

107%108

12«%
118%

1

Miu'a Un.
P.*I)ul.

So. Car.

sli ,« llnir.- Cp.,6a|

N

!

St.

lia. l'.i2H

I

130

•2d,

C.t.-^t.I.. -Ist,(i8,'i93'i

84 \..
78,1900; 115%!11.
S8,conv. 103 110;.- ,M
110%;
t,M.L.,7s 1(I91'4

131

Sd,7 ill". IM'.. I-'.'^ ..
Ut, 70, »g.. K.II.. IWI-.".

78

r.-iBt, 68'

9.'

-

7s, 1S94
7s. 1H94
Bellev.A So. IU.-l8t, 8a
8t.P.Mlnn..t Man.— l8t;7s

IT.l'n. (is, '95

!;i'.'3

..,

'

2il. liicoine.

1.

IJ.Y.W
\n.Y

7a,

2.1. liref..

iWl8t,7a

2d.

I

78.

Iron Mt.— lat,
7s, 1897

St.T,.Alton<t T.ll.-l8t,7s.

-l8t,6a;

II?'!'"-'

I

Int.

'

!

;»>n..08,1010,

N.Y

114

Arkansas Br'cU— 1st, 7s
Cairo & Knlton-lst, 7s
Cairo Ark. & T.-lst, 7s
Oon'lr'yAl.nr., 58,1031,

1

ll>t«

.

11

l.-.t..;ons.,

A

lat, cousol..

O

98

60%

1,1 lil-.7a,'07

Us, I909
Dakota Ext.-

'N''

01^

lla

cp.,

L.

2rt.

'90,

rac.-lat, »*....l

(Jri

10«-'4lU7

r

«.MU

..,in,

-t

.

117

Am.

I

:,

lii<i:<

'

CJ*.*

-i
1

Mex.

lu

ll.l'i

,1

Ml

137
'12;.%12(1%
10.->'4

Bint

.':-,UKl8|

St

71

98

•-.

.

7S%

78
11:
94
70

1

Hciotu Val.

1

no

t
'

Harlem— 1st. 7s, conn...
'N.Y

51 -Gb. 1920 il3>< il4%
,lTt.t r.Maui
Oal. »ar..t 8.Ant.— lat, lia •104
110 ill I'..
2d, 7b, 1908

96

;

1917.

\.

-I.llUO

.'.

Hnd.niv.— 7s,2d.8.f.,'S5
N.Y.P.*

I

118
130

'^."Xl,

.

Bu
N
Kt.

j

.

.

.

Adlaatroeiil.

97%
'

C.K.I..

68,reK,

|

'

Slnttin.''
Den-..
Plai:

Ut

t:.

;

.'.

Il

iiN.y. Elov d-l»t, 7s. llMMi]

108%

1

-

ill.

1

103

ii'-'iir

Cent.Mo.-l8t,

N.V. C.& ll.-lst,
lat, reg., 1903

I

110
139
13«

III

2.1,

Ml*.-

103
137

li

Ki.

Atl..(:'1i
Inc..

NaBii.Cliat.,t st.L.— l9t,7Hi
3d, (i». 1901
iN. Y. Cnutriil-Ca, 1887...
Deb. certs., oxf (I 5s

111%

1920.
,

118%

;

H.*

107%

fill

118%'::::;:

!

103

«a
...I

1923

,

411

'

;

l«i

Vs

•.U9..1

:irl.

:

118>4[

Bti

iv

I.-t.

3il.

i

,

76

l!i.

76

1

.;

.

liehiiiiii-

&rDliUe,t ()lilo-Now«a..i
OoUatei'l trust, «», 1H92
Mori^au's I.U..V T.— Ist, (Is

'

Kllz.Lox.>^:

88%
I'JI

I

«8"

.b..c..6Bl

Ellz.'
lat. Us, I:

1909

78,

|130

iioV

.

.-...

].,

S'thw.Kxt-lBt, 78,1910,

1

96

1:10

Ill'

8.1

64«b'

I

74=1

:i;iO

l8i

lllMia>4
104%

8t.l..V.*T.H.-ist,g.,7a
3d 78 180H

3d.7B, 1801

00% 67%
01%

Land ^nrnt, »%s, B.A...!
118
' t.78,1900,
K.T.^

4

;

i;k

CI

--;

,

-

'

'm
C* P.—«tli,a.fd.,6a,1893 .,
•118

1;

I

111^...-

HU.— Continued—

Peon.

1899..

Mll.I..S.,ftW.-lBt,«a,193ll
MInn.ft St.L.-lst,7a,1027i

I

—

.

3d. (niar, 7». 1H9H
l-r
I'll
Pl»»- It .^ !»

1

iiii3..._

amall
nilatarod...

1000
Coupon, 68, 1931
Jaok.Laa.ASoc.-Oa, '91
lIUw. <ft No.-lat, Ob, 19101

;

I>vn.<^ ItloO.Weat.-lst,08,
Det.Mack.ftMiin.— lBt,Ua'

PnDdlD(»a, 1800....

-I, 7a, 1911.
i'ona.78, 1903

Iowa Ext.— lat,

1U»4

100
lat,conB., (5ijar.7«,19<)fl 138
i(w"')!
118
lat, oona., gn., Oa, 1900 HI!
9s
Bens. * Bar —I st, cp.,7»i 131
96»4 bonr.A lllo Gr.-lut, 1900
84
H»>4
lat, oonsol., 7«, luio
Dcn.8o.Pk.* Fac.-l8t, 7b' 98%

i

Raitlatarad

6*,

!'

1

Hiiiiili iHiiHia

130

Cooaol. 68, 1003

;

....;.. .-la, IMS
100 llOOv
Loi..
Del.A Uud.Oaual— lat, 7b 103
114
7a, 1801
113%
lat ext., 7a, 1891
/
110
131
Conpon,78. 1894
131
lat, Pa.blT., cp., 7g, 1917! 130

93%.

Dl>s<

128%
120% 120%

78

uir.,

N.>

1I8V.
lis*
113*
lU'l

i«o\'i)«.

.M It'll.! I'lit.

I

I3.SI4

10

7

i'lombUr—

Do
Do

lia,

12s

••iill

B3

-t

107

Bhode I aland—
6li coupon, 189399

Bonds. 7a, 1900

T,.

40>a

M maim....

'

Ohio—

BAlIiIIO«n
»r.*F.'

4a, oonaol. boiida.
6a, ax-matarod ooapon.

4

88 Ig 84«i
83

1010

* W.-ConUn'd-

DaTL.

Rtillrond Bond«i.

4*,

8
a

i'J'a

40
40
40
60

Sdcw,

4

Wll.ctKa.K.
W'n.dtTu'B.

11)0

..J.AJI

1-

5
4

WsKiorii UR...

118
IIA
117
hl.J.AJ.

Su

il
'

Mctal

Kll.

9

ItMUI-lHtW

H«w bood*. J.«J., •a.8
Do
A.*0
Oluthitin UK

IIH
IIU
110

iii:i

tA>ni,
7», ojn~.l

10

Do

.

.l,^

-

107

dud 1 AAQ nr 1890.
}?t
'
.ituo'oa \Vi

1«

30
JO
to

UK.

I

Bid.

7*,1B00

Clltu

«•.

•XOCRITIBS.

Bid.

mchirao—

l»l>*in»—
OliuM H,

BOMOS.

31%;

I

•33
•32

.

136
ilO«
Mil

1-UC

r.'8%i3i'

C.C.I

118,

Coil

130

130%

"JM"
40

1

•2d,

8t.l.,A

.1171
-ItO,

7a, IMini
oona., Us-

1.
.

96
80
106 S

99

.'1

lis,

'

11

'1,

t

l.t

'1,

iir. 7.

^.l
'10

•106

I..

100

'111

1

Louisv

70

I

,

L.BTl«a \'
Bandnak'
I

of HI

.«.

6n>8

-t.op

^

...I.

C.,78

•45

'

CWo^iai iS8%
•13.-.

Mnrrl«,t K»-.
•2d. 7s. 1891
•

No

I

l»l.

114

114

prices Frldaj; theee are

Uu

'

id6%U>
WMk.

08l

'Jila

I

'
\

Mt.

l»t,7H,nr

I

a

* T. H.-tH». bd».' 'M

«0

—

——

.

,

THE CHRONICLE.

354
New York

lusnrance Stock List.

11

Bnak Stock
COMTANIES.
thtis

(-)

V.l8t.

not National.

100
ADier. KxciiaBge..-| 100
'

Butchers'

Bid.

Ask.

Amor. Exchange... 100

150
10^

IBO
ll3

Broadway

25

165

Citiseiffi'

20
70

175
175
150
125
123
90
240

170

17.1

50

IS2I4 135
l.'.S

2.";

17

100 ISO
100
ii-i'

i'bo"

%

124

City
Clinton

L26

Commercial

i,0
IDo

10.,

City
CoitLm erce
Continental

100
100

Corn Excbange*

Continental

\W

Empire City
Exchanpo

105

140
120
115

100
50
100
40
100
30

'eo

230
245
75
00

Farrajn^t

25
100
100 406"
100
100 131'4
30 125
60 175

Eleveutli Ward*...-

FiitU Avenue*
_
First

Firmnen's Trust
Franklin A Emp..

German-American

100
100
50
60
25
100

.
.

Greenwich

100
75 103
GeiTuan American*.
GetTJiau Excliaiigo* 100
100 150
Garfield

104

15

H.aniilton

110

&

100 166 162
100 20a
50
100 ivii
50
100
100 iso" 156"
26

TradeiB'

Irvmg

ManliAttan*

Market
Mechanic**
Mechanic8*& Trada'

Irving
.lefferson

Kiugs C'nty (Bkn.).
Knickerbocker

Louc

100 119
50 1X0
50
Merchants' Exch...
Metropolis*
100
100
Murray H1U>
100
100 142
Nassau*
100 IBS
New York
Keir York Conuty - 100 l.'O
K. Y. Nat. Exch.... 100 111)
Ninth
100 1'.3
70 IDS
North America*
122
.11)
North Kivei"
Oriental'
25 '.60
Pacific*
50 Hi.')
Park
100 IBS
25 150'3
Phenix
20 107
Prortnce*
50
100 128
Republic
Bt.Nichoia8*
100 160
Seventh Ward
100 11(1
Becond
100 135
Bkoe & Leatlior
100 u-i
State of yew York* 100 125
Third
100
Tradeamen's
40 iri
TTpinn
60 I7tf
Cnlted States
ion
Wall street
50
West Side*
100
Mercantile

Mauulac. & Bnlld..
Mcch. & Traders' ..
Mechanics' (Bklj'n)
Mercantile

w
126

i

•

Isl'd (B'klyn)

Lorillard

Vffi

Jloiitank (Bklyn.)..

1

Nassau

77

17
10

(Bklyli.)

...

RO
100
60
100
30
20
40
60
25
100
25
50
60
50
60
60

70
lOS
205
ISO
110
230
60
110
135
135
60
60
1-20

106

85
lOS
66
96
8o
105
60
lOo
105
146

37",

iVi

N. Y. Eciuitahle
N. Y. Tire
Niagara
North River
1

Pacitlc

1

Park

35
100
50
25
25
100
20

...

Peter Cooper. ..-•...
!

'

17a

no
164

[

•

Pcojile's

60

Phenix

.SO

Boston

26
50
100
100
Sterling
25
Stuvvesant
25
TrailoMneu's
25
United States
10
Williamsburg City. 60

Brooklyn Gas-Lipht
Citizens' Oas-L. (Bklyn)

Bond.s

5
3

310,,000 A.&O.
50 ],80C,,000 i".
20
J.
750,,000 .1.
J.
50 ,4,000 ,000 .1 .
100 2,5(X),,000 M.&N.
500
750,,000,F.it A.
100 3,500,,000 Quar.

3

1,000

Harlem

;

,

Jersey City & Hoboken..

Manhattan

,

Metrunolitan

Bontu
MutuaT(N. Y.)
Bondn
Nassau (Bklyn.)

26
Var'a
100
10

York

Bonds

1,000
Var'H

New York

50
50

Williamsburg

Bonds
..

Mnnifipal

&A

"2

&

I

J.
37,- i.0OO:M..SN.

|1,000,,onoi.t.
1

1'2, i.Oflo!

Var'a

SM'Nov.,
3

750,1.000

Feb.,

Nov.,

100
90
Mch., '84 204
1888
107%

M.&N.

300.I.Ol'O^J.

112
107
94

"ibo

<fc

J.

;2,000,1.0001

(Quotations by H. L. Gk.\nt, Broker, 145
Bl'ckerSt.&Fult.y. -Slk

100

A

J.
900,,000' I.
70", (10(1 J. <fe J,
'2,100,,000 Q.-J.
1,500,,000 j.&n.
2,000,,000 Q.-F.
800,,00(1 J. A I,
200, (100 A. & O.
J
400, 000 J
600,,000 Q.-F.
1,800,,000 tl.-J.
11,200,,000 S.AD.
650, 000 F. &A.
250.,000 A.,tO.
1,200,,000 Q.-F
I).
900,,000 J.
1, "2(1(1,,(100 F.& A.
1.000,,000 Q.— J.
1,000,,'00 F<fe A.
74S,,000 M.&N.
236,,000 A. &0.
J.
600,,000 J.
I

UlOlt

& 7th Av.—St'k.

lilOI't

BrtHiklyn City— Stock
1st niort
Bkli n. Crosstowii ^ock

1,000

100
1,000
10
1,000

—
100
houds
1,000
BnsUw'kAv. Kkin)— Si'k
100
Cenl.Pk.N.ifeK.liiv.-«lk
100
Cousoi. luori. bonds
1,000
Chriat'ph'r&lOth St-Stk
100
niort.

(

Bonds
1,000
,.
DryDk.E.B.A Bat'y— Stk
100
lat inert., cuusol

500ctc,

IScrit)

Elglith

Av.— Stock

Scrip
& tlrnd St.P'ry— Stk

42d

lat

mort
mort

,

Hou3t.W.8t.<fcP.F'y_Stk
1st aiort
tieconfl Av.—Stock

3d mort
Cunsol..

Sixth
1st

Av.— Stock

ixiuri,...

100
100
100
100
1,000

Central Crossiown— Stk
lat

100
1,000

scrip

I

.

&

I

&

I

250 000

&

.1I.&N.

100
250 OOO! Q.-F.
600
500 .OOOlJ. & J,
100 1,396 ,600lj. & J,
1,006
1.50,000!A.&O,
1,000

tfe

!

1,050 ,0001.M.&N,

100 1,500 ,000 M.& S
500 ,ooo!j. & J
1,000
100 2,000 ,000, Q.-F.

Third Av.— Stock
1st mort
1,000 2,000 .OOOJ. & J,
Twentythiro St.— Stock.
100
600 ,000 :!•'.& A
let mort
1.(100
200 000 M.&N
*

i'lo"

Oct.,
Jan.,

"i'do 3,ooo;1,000

Equitabl"

l.st

106
97

lOct.,

&A.

466:,ooo;k.
!l,000,,000 Quar.

:

70

31a Jan.,

120
119
29 Hi
29
lOlia 102
121

This colomn sbowg last divldeud on

stocitt,

but date

Jan.,

'84 1.53

June, '84 1031a
Feb.. '84 205
Jiui.. It02 108
'83 155
Oct.,
Jan., 1888 105
Feb., '8» lOO
'84 141
Jan.,
1)W., 1002 118
Feb., '84 115
t^cr., 189S* 110
Feb., '81 215
June, '93 111

1014

10,'

'84 265
Jan.,
Feb., 1914 1(15
Nov., '83 240
April, '93 ;il'2
'84 l'-7
.inn.,
Nov.,19'22 111
F©''., '84 110
July, '94 ill!
'84 200
Jan.,
April, '85 102
May, '88 107

Mch.,

'84

305

uiy,
Feb.,

'no

iia

^84

270

.Inn.,

•OO 111

Feb.,

'84 182
^93 110

I

May,

81
23 "a
18

IIoii'.!hi'ui

St.

A Nashua

24 13

Gap

BuH'alo NT.Y. A Phil
Preferred
Camden & Atlantic
Preferred

PrefeiTed

"ii
40
24
60

A

115

25

North Pennsylvania

t

112
105
143
121
-20

116
225
ilOia
110

Pennsylvania
I'MUiiti'lphla

&

66 Sj

66^4

SOSb

61
13
41
GO'S

)8H

19 1-

111

29

CompanJe3..

CANAL STOCKS.

Peiinsvlvania
SchuvUlU Nav.. pref...

A

Pittsli.— l«t,6s
ist.Os.rcg., 1908
Belvid'e Del
lst,6s,1902
2d. 6s, 1885
Sil 6s. 1887
Bell's Gap- lat, 7s, 1893

—

('8,

38

1905

471a

13-3

'96

7s, E. ext., 1910
Inc. 78. end., coup., *94

1st,

4.5'

'17 "4 "I8

RAtLKUAD BONDS

32 >a

33
120

99

Cons. 6.s,19'21
Ist. Tr. 68,
*

1922

Ex-dlvidena,

,108

9g<a'l08

83
72
94

99

69

781.

9i

88 "a

btl

n
126
Ill's 118
8:4

tiS

50

...

lOli

—

Os, P. B.,18'J0. ........
Gen., 78, coup.. 1901

CANAL BONDS
63,1886

Ches.

A Del.-lst,

Per Bliare.

1I4'<

113
105 "a

73

Lehigh Nav.-68,rijg.. 84. lOi^t'lM'a
Mort. RR., reg., 1807.. 116
Cons., 73, reg., 191^ ....
73, reg..^

Morris— Boat Loan rg., Ho
Peiimm-lv:— Os.cli.. 1910..
Schuvlk. N.av.-lst,b8,rg.
2d, Os, reg., 1907

89
1116

97

BAIiTIMOUE.
RAILR'D STOCKS.
Ailanta A Charlotte
Baltimore

A Ohio

Par

TOlo'

100 196
l:-iK

2d prof
Parkeratmrg Br

.-

78
198
IK!!

1'29

9
50
60 61
Central Ohio— Coin
I'lltsburgA CouufUsville
50 "ii"
Western Maryland

IIAILKOAU BUNDS.

A

ckarl.- 1st....

.AOhio—Oa..'85A.&()

Hi
88
10.5

Cen. Ohio.— 68, Ist.jr.AS.i 109
Charl.Col. A Aug.— lat..! lO.'l

101
2d
Ciii.'Waah'. A'BaVt'-fsts.l l^l'S

68 <«
35

2ds
Rds

ColumhiaA Greeuv

-Ista

AO

i's't'.

A

g.V j".

i

103'4
i;''2
LI8
l-'Jj
'O'tJ

12s »(
118

—

101

lot
i;2

Wilm.C, A A^g.-08
A Vfei#3n—Oold.7f
t In default.

-'^Ji'*

lOOS

4 J.

.1.
guar., J.
2d, guar. bvW.Co.,J.AJ.
08,3d, guar., J. A J

2rt,

;o;"a
Ul'2

76

No.C(>ntral— dsi •S5,j'.& J J
68,1900, A.
68,gold.l900.J.AJ....
5a.
58, Series A
5s. Series B
Pittsb.ACou'ells.- 7sJAJ
Union HR.— l8t.gua.J&J
Canton endorsed
Virginia A Toim.— 63

Wll.
f

lOl'e 102

l-,i2

W. MdV— Os,'

,

CoURol.. 6r, 1913
Bnff. N.Y.A Phil.— lst,6(
2d, 7s, lUOS

.._..

127 «'
lUia!

l8t,76. 1899
Cons. 0s,19()9.... ..-..-.

Ball

19j"2 ibo'

47%

Lehigh Navigation

120
i

1'28

W.JcrseyAAtl.— 1 8t,b8,C.
Western Peun.—68, coup.

Atlanta
Inc

West Ch(i.srer— Cons. pref.
West Jersey
West Jersey A Atlantic..

A«htab.

—

lat pref

67
60 >4

A

II2I2

of maturity of banar.

71

10

Erie

AUegh. Val.— 7 3108,

103

TCa

&

J.

1914

GrceuWd Tr.,

12

3'J

Phila. Cer. & Norristown
N.Y..
Phila. Newiiiwn
Phila. & Reading
Phila. A Trenton
Bait
Phila. Wilro.
Pittsh. Cin.A St. L.— Com.

United N.

53,

120
118

A Krle— Ist, 7s
Sunb. Haz. A W.— 1st, 08
.03,1938
2d,
S^T.Gen.& Corn.— Ist, is
Union A TUuav.— lat, 7a
United N. J.— Cons.Os, 94

65

—

290
110
255
117
130
113Hl

25
00
58
V63

'26 "a

. .

1121.J

1\

61
42
68

Broad Top

Prefcried
Lehigh Valley
Prclerrcd
Lillle schnvlklll
Minehill A sch. navon..
Ncsqiiehoniug Valley
Norfolk & West'u- com
Preferred
Northern Central

imome, 03,1923

iosii !!!"!
9213

Warren A F.— Ist, 73. '96 113
West Chester— Cons. 7b. 117
W. Jersey— 1 at, Os. cp.,'96 113
17

lat preferred
2d pref errisd

Shen. Val.-lst. 7!, 1909
(!en'l 68, 1921

llflia

Cons. 63, gold, 1901 -.
Cons. Os, gold, 1008..
Gen., 4s, old, 1923.

7ia

Caiawissa

Huutingdi)

110
98

925
115
280
113
167
113

30

Preferred

Delaware A Bound Brook
E.ist Pennsvlvania
Elmira A M illiamsport..

no

108

12=^

AshiabufaA Pittsburg..
Bell's

1>

'213

°8

67

"iiu

'

SunbuiT

....J.

Louis

Cons., 78, reg., ''Jll-,--Cons., 78, coup., 1911..
Cons.,08,g., 1.R.C.1911
Imp., 63, p., coup.. 1897
Gen., 68, g., coup., 1908
Gen., 78, coup., WO? -..
Income, 7s. coup., .898

Income,

Allegheny Valley

72
110
100
SO
114
110
93
20

I

40^

PHTLiADELPniA.
RAILROAD STOCKS.!

po'
163

157

140

Pllil.AR.-lSt,6s,1910-.
2d, 78, coup., 1893

Piits.Cln.A St.L.-7a. reg
Pitts. Titus. A B.—73,c^i.
I4I4 ShamoklnV.APotts.--7s

"19 "a
Rutland— Prcterretl
Revere Beach & I.j-nu...

106

106
210
110
165

14 H
112~j

Phil AErie—2d.7s,cp.,'S8
Cons., 6s, 1920
Cons.. 53, 19'20
N.Y.— iBt
Phila. Newt.

Couv. Adj. Scrip, '8a-88
Debenture coup., 18U3)
Scrip, 1882
Conv„78, R.O.,1893 t
Conv. 7a, cp.off, Jan., 80
Phil.Wil.A Bait.—is.tr.ct

22

Onton.

Preferred
Na.shua A Lowell
N. Y, (ft New Kngland ...
Norllicniof N. Hampsli.
Norwich* Worcester...
Old Colony
PortlaudsacoA Tortsm.

lii"

8715

Con8,58,reg, 1919 ...I 04 la
lil!
A N. Y. C— 78, 1890. 122
129
7,1900
Perkiomen— 1 st, 6a,cp. 87 102 '4 103

Cons. 5a, 1st 3er.,c.,1922
Cons. 5a, 2d 8er.,c.. 198.3

21".

Maint^ Central
Manclicster & Lawrence.

Broadway]
'81 23
July,1900 110

3915

Prcfe.rreil

230

'a

86^

A

j4iclibrr{
Fliut & Pcro Martinette.
rrcfcrrcd
Fort Scott & Gulf— Prof.

& Kionx City.
Kan. C. Spiingf. * Mom.
Little Rock & Ft. Smith.
Louisiana & Mo. River..

272"

J.in.,

14'4

3914

Coliiinon
Iowa Falls

I

Bonds

1st

92
110
122

Oct.,
ileb.,

100 1,000,,0001 M.&N.
100 3,000,1,000;

Bonds

FuUou Mnniciyal

Br'dway

ill

107
r20
3
155
&
7 Hi July,
208
*
5 iMcli.
10 leb.,
225
3
107
2yjaii., •84 129
1002
104
1,500,,ooo1m.,sn. 6
3
Sept., '82 78
11,000,.OOOl Var'a
88
700,1,000 M.&N. 31a Nctv.,
4,011(1,.OOO.M.&N. 6
Fob.,
150

1

1,000 1,000,,000 ..V.&O.

Metrojiolitan (Bklyn.)

l.st

i.se

40

40

Wiscon.sin Central
Preferred

133

I

1,000

People's (Bklyn.)
IJonds
Ceutiiiiof

Feb.,
Jan.,

SB's
131a

Det. Lansing & No., pref.
Eastern, Miis3

Worcesier

123

Cons.. Os, coup., 1905...^ 118

101

Ea.stcni.New Hampsu..

Bid.

131V

Pa.

60

Conncclicut Kiver
Conn. & Paasumpsio
Connotton Valley

&

1-20 («

CitvACllic— 1st, 6a..
Creek— Ist, 6s, ceup.. 106 M'h
Gen.. Os, reg. 1'23V
Pennsylv—
79 >
U2a
Oen.Os, cp., 1910
178
Con.s, 8s, reg., 190a.... iioy

llU>a
167

....

Concord

!

Scrip

New

25 2,000,,000' Var's
20 ,1,200,,000 Var's

113

A Wi'st Michignu-.
Cinn. Sandusky & Cleve.

Tol. Cinn.

*

70
•1971s

Chic.

1,10

•2d, 68,1900
f.cIl.V— l8t,6s,C.AB.,'98
2d, 7s,reg., 1910Cons. Os, (.'.A B., 192S.
N. O. Pac— Ist, Os, 1»'20

92 >j

Oil
Oil

"fl'gaj'ibo

•

piefened

Chesliire,

1.'.0

95
160
95

125
105
106
IIS
99
53, peiiietual
99
narriaiig-l.st. 03,18,83..
H AB.T —1st. 78, g., 1890 116
»2
Cons. .5s, 1895
Itliaca&.vrh.— 1st, gld.,78
Junction— Ist, Os, 1882.

I

Atchison & Topeka
Boston & Albiiny
Boston & Lowell
Boston & Miiine
Boston & Providence

110

licl. & r.ound Br —1st, 7s
East Pcnn.— 1st, 73, ISHS
E!iatouA.\nil)'y— 5s, 1920
El AWmap't-l8t,63, 1910

No. Peun.— Ist.Os, cr.,'85 102 102,5
120
2d, 78, cp. 1890 ...
1'27
12$
Gen., 78. 1903
107
Debenture 6a, reg
Norfolk A West.- Ge.n..6sl 10(1 100 >j
N. R. Div., 1st, 68.1932 l«2'ii 103i>

119

Ark. Val.— 78

STOCKS.

1

Date.

16S

.--.-

A

Souora— 7a

115

Ajnoont. Period

62

loM

Rulliind— 6s, Ist

Maiq.

Far.

61^4

Income

Gas and City Railroad Stacks and Bonds.
fOas Qnotatious by GEO. H. Pbk.stibs & CO., Brokers, 11 Wall Street.]

GAS COMPANIES.

87 -a

Old Colony— 7s
OS
Pnelilo

120

7a, 1 901
Oa, cp., 1 '.100-04
Cor.CowanA .\iit.,deb. (!a,
Delaware- 6s. rg.Acp .V

94
103 "a 104
7s
„
119
N. Mexico & So. Pae.—73
Ogdcnsb* L.Ch.— Con.es

no

200

Ft. S.-7S, 1st

K. City Wp'd >t Mem.— 6s
Mexicau Central -7s.
Income
N. Y. & N. England -6s.

116
75
105
90
110
65

,o

&

A

New

111

Conncct'g

—

Little B.

108

A

Charfrs V.— lat,

I

140
115
2ao
65
115
140
142
65
70
130
200

120

2d, 6s, 1901
Cons., 6 p. c
Unrl. (Jo. -63, '97.
CatawissiV— lat, 7s, con. c.
Chat. M., 103,1888
coup
7s, reg.

119
Nelira.ska, 69. Exempt; 11034 117
Nebraska, Os.Non.ex'pt; 10534 1U«
87
Nebr.iska. 4s
Conn. & Pa.'^sumpsic- 78.
ConnottoB Valley —6»
16
15
68
Eaat'rn, Mass.— 6a, new.. ll'.'s 1 1 1'f,
114>« 115
Port Scott * Gulf— 73
K. City Lawr. & S0.-69-. loa 110
K. City St. Jo. & C. n.— 78

2'.0

BO
60

—

& Lowell-73
& Providence-78
Burl. * Mo.— M. gr., 7s.

80
115

A Ambov— 6s, c.,'S9 lOGH)
110
A Atl.— l8t,7s,g.,'93 U8

Cam.

63

127
120

iiO

22%

22181

Boston

110
185
103
165
116
150
120
100
65
65
125
75
133
126

St.audard

Cam.

69

210

150
86
120
103
176
lOU
165
108
140
115

Albany- 7s

<fc

AA.

Bid.

W,

Mort., Os, 1889

iua

Boston

260
80
100
112
85

FO

Star

i

116

Cam.
12214'

Landgrant, 7s

•25
j

& Drov'e'

100 2020

Imj).

BOSTON.
& Topeka— Ist, 78.
Atlantic & Pacilio— 68 ...
Income
Boston & Maine— 7r

Atch.

Par.

Ask.

[

Xmarica*

Broa^lwtiy

COMPANIES.

Bid.

SECURITIES.

Ask.

Bid.

BulT.Pitts..',-

PRICE.

PRICE.

;

arej Par.

SECURITIES.

[Prices hy E. S. Bailey, 7 Ptae St.]

1

[Vol. XXXVIII.

^notations In noston, Philadelphia and Baltimore.

Local Securities.

'

Marked

—

.

US

ilW^

Ex-rtghta.

.

MAnru

:

1

.

THK (HRONFCLK

1H84.J

i-i.

;

.

855

RAILKOAII BARNINCIS.
Thf

lliiiilc

condition of tli
wt'ek pimIUik Hi

onrninKX ami the totala from Jan. 1 to
Intost <lat<<iin< K'von Ix'Iow.
Tin- Htiitomont includiw tlio ktom
oarniiiKH <>( all railroadx from whioli ri'turna can bo ot>tmnHd,
The coluniDH undi*r the heading "January I to lateat date" furnlnh Ihn rtom eariiin)^!! from Jaiiiiar/ 1 lo, and Incladiog,
tbe period me nlioni'd in th« Mpcond irohinin.
latost

niilroiul

Laltit Mctmint* Stporltd.

Jan. I

to

1883.

18!) 4.

1884.

New Yiprk
Manhntf III
Mwchantii'

1888,

(.'o

.

McelMOlca'

1CB.181
48a..\32

107..-;
440..

ft3.(MK>

B93.2I4

494

261.>i.'52

2i:i

-'.907.000

3,213

•

021.00S
100.148

Mihl

3J.0071

J

J

•«.(>'.

(Vbriiary.

j

wk

•il
•

M<'li
Mi-li

1;

Mcli
iry
st

wk Mm'

•'•lirnary

.

:y...

•

1.411-

al

Kxoh.

l.HUT.ldO

Meli
Mill

M

wkMiir
wks Feb.

lat

lammy

..

3S.-i,I8l

313.7.19

339.817
352,240
92.119

210,:i81

78.372
12,199
583.301
59,205
149,501
136,20*
402.124

a 12.522

02.'.,7'16

1 (i..5.>3

118.18'

473,097
218.314
50,700

1 -1,733
24,C0i'

20(>,030

349.772

40,73

14,06S

564.102
4 8.283
104.016
138.119
457.41.^

035,703
132.467
451,118
193.747
40,000
3.270,544
53.221
293.605
40,037

0.473

331, .%-C
7,197

12!'.t47

133..')90

01,031
274,754

St
2a9.7«9

2,C2".,9C0

2.292,S11

320,500
520,222
403,58
101,029
77,675

341,777
580,073
320,501

123,572
34,011

87,H3!:

33,04i>
37.HI1U
20:.70l)

50,ti:)5

123.572
84.583
71,010
3:0,413

2<!,8!)n;
I
I

orJi

37,-I00
60.30(i

2,98'i,710

.S0,741

48,7>?.-j

6.1,722
37,751'

4ti,18'i
A-

4-3.173
3.400,710
3,529,117
770,973

34?.-.'00
217 07.1

11,647
2(1,027
87,(i3S

33,7.'il

34,111
24.«i3

I

3^).OilO

S72.740
lU,t74
io«,eio
40.0S3

"82.930

70.111
3dl.i.77
2,06(1,712

17,070

39,112
224,21;

l(l3,00i

31,111

21,S')0
ltf.^.l4fi

ry

2l0.49.'i

i

iry
'

V

..

3 ',738

.!,301

64.0.%ft

08,107
80,182
21.784

Mar.

88,877
27,182

MpVi

40«.S4(i
101.50(1

V

409,>.4

409.233

1.405.500
170,546

2G1.10J

204.102

187,.i03

4.S0,877

238.507
011.83S
3,UJ9.337
108.5S4
l,60u,775

y...

e9'i,05l!
97U,0-'0|

il-V.

333.755

-t

i

-t

I

.

I

.r\'..

v'y..

10<>,59«»

35,OB«

27..557

1

wk Mar

wk Mur
wk Mcli
wk Mrli

18,2ii9

0,111

31,773
10,100

29,03>'

12,383
93,521
14,804
113,901
n's.vis

19,7.-.l

10.800
129,432

"^1

4J,^<ll

17.4571
e9,3C0,
27,1671

ly

M ISrOIlMIl ll'Iit

I

I

.

..

»k Moh

,010.8541
44,9111
9,6i3!

61,8201

lO.SN'.

20.77,«li

Uerrautile

1,044.000

2ii3,80n

Cliathntn
Pooplea*

4.07.'>,100

OOfl.'.CHl

490,400

1,570,000
3,137.300

103.400

170.3(81

>..

North America
U noTcr

...

10,1

Irvliiy

3,028.300

Mottopohtan

11. no:. 0(10

3,021.000

Market

2.874.000
2,910.700

Nauau

2,.-.7:(,uoo

St. Nlch.itas

Lratlier..

,1k

Kxcliange

...

ConMneulal
Orli-ntal
3Iarlii>

I'aik

11.8110

20.!lll,00lll
],0jl..'.OO

Wall»tieet
No th Uiver
ICaAt Kiver

,

Sccoiiil National..

3.ri(!«.i (10

(!8I),(I(I0

0.302,7110
i7'ooi,a()o

I,37.(.000

no'.;,70o

2.9-55.«0()

4.742.'J0il

l,2ri9.700

981,9IK>
051,1100

1.443.200
2,1I0.B»0

2l>0,Clli)

217,800

268, mio

230,,i00

2:('l.40O

223,000

01 0.100

i80,(KJ(0

NInili Nniinnal..
FlrHt Nallonal...,

National

'I'liinl

..

N. V. Vat. Kxcli..

Bowtrr
N. Y. County
raiaii..\itierlc*n.

(.*

2.418.200
2.1«0f5().l

00.0011

2,001.700

50,800

4,0:10,300

Avcniio

Kiflli

14.100
473.200
1,363.000
548.000

1.772..'500'
2,.57ll,40O

233.9021

5.«5-J,100

l,398.«(l()

230.700;

4 S3.il OO

891.2011
l.lOO.SOil

40.700

212.il00!
is.s.ino

224.1.11

130.500

fol lowing are totals for several

11^^'

Loan*.

Stuck.

jb

|I.

Boston Banks.— Following are the totals of the Boston banks
Lam:
Sptcie
It. Ttnden.l BtposiU.' jCi«-cu<o«ion|A«. C(«ar^
.

I

$
-

-

,

,

Philadelphia Banks.—The

totals of the Philadelphia banks:

are as follows:
1884.

LoaiM.

[Lawful Maney.

"duo

$

73

HM.

5fei( rifles.

Jik.

Incomes

1

I

CUrnt. l)i%-.. no^
,\cciimiilAic'd land i^nuit
Kt,

I

North. I»jc.— Div.
Nortliillr. Cons.

21

I

niockD, 33 p.
OVnI. DIv .old

!

90

l-:.~Ne,r alock

.t

11.

1-

('.•ii(,..r
l.'lllfl.

A

.\.

6
8
at
65
30
89
69
04 V>^

'.i-nt,

II.

.1

it.-iH'f.

Piiuiiiirx

W*vatem

a

1

U^tat...

IS
OSVi

aprlngf
iiiit 'b<l»

al

.1 1,1,..!

-.'il

,iunal

10

iiioit.

111.., I

32^
68
18

ip.-eop. c.

93
49

3
12

83>i' ;i4ia
i-..\v:ii\- .If..

1,, ..

i

9«,
U'li

1

.M,

I'll

.sh. .t n,~.<iiicic.i

I

40
40
9
93

8H,

w.

,-;t...-|i

9»
40

4:i

V.
r.

,:„

88 >g 8»

°83

•1,284,920 24 118.532,7u4 47,lU,2.<8,al2

75 ll,44-.,p79 gj

'.

Kan». tk Neb., Istmdrt.
20 nmrt

3

20
',30,5,631

vt

antic

Tidrcmph—Stuck

S
10^1 19>3

fn-t

,007

><

10
64
i:w

II,

1

1

15

fltock

No
51

lA

At

1st iiHirt

.'

I':

Pi.nHa(?dIa ,&
lat inert

Pn^

All.-

llf'nri^r <*

Ohio t'enf.— Itlr.

A

'

lDOOniU4

i>7t4

81
08
13

Old atock
Bosl.

40,30il.3M

m4.

SecuritU*.

I

Sate D p.— I'erp.deb.!
Atlantic ,£ Pae.-6ii,l9t M 9l>a

II

I

si.noo.-.'Ot

tuutlier bau;i4."

Am.

1

Includes 9271,000 Kold certlttoans t«ken ont of coah.

!I.OO:<..-I .'4

51,960.301
I

a

past:

I

(Total....

8.979.0-16
8.y93,ll70

7:"(.20-t
7;t;7.i8.:l09
7:).77\.1.'.5

Securities.—Following are latest quotations for

L'nli.stetl

week

Circutatlon,\Agg. Cltar'^

DrpoMU.1.'

*

48

02
02

^

I

0,101.200,
ll.nOni 07.«01,900|-J4.3 1 9,1=00 67.8p2,01O
6,3-i7,(i:iiii
10 143,317.700
--.
-.-.
.- ~).70.1| 9il.7(i0,4(10 24,432,000
0.-,,3,8, ;«(»
' 17il45,435,4OO,_0,'231,00Dl 4,9O4^7OOl_95.7l0,-2OO 24,013,UOO| 00,8 03.214

Owrrcney.

7

(6

I

Moh.3tl4->.9l:'.401

X

1 1

Clmtr'tM

65,740,VOO 28,720,8OOi351,275.5lK) 14,6(!9,300|578„-.»8.307

0-J7,'J0O

1884.

1,910,854

.30

dnmlatim An.

IB

8.39.7.il.700 14.300.800 671.6r.0.16«
:i35.OS5,30l) 14,012,8(J0 8(iO,677.8()B

1

351

Ifl

w eeks past

Tendm.\ DerotiU.

Mch.l :U4.4»8,000 78,848.'20fl 31.78S).700
••
8 348.279.1100 7 .898,100 29.093.90(1
"

447,800
44,KoO
180,000
133,000

:!31,087,200 63,740,900 28,720,800 35l,27u,500:14.C0n,5-O

1884,

iii'.ooi

9.1 IM.l.-JO.'.liU 1

9'2,O:;0i

200.11(10
2-J,i.700

2,019,800

The

300.000
297.000
43,000
331,300
449,900

424.0001

rnltea states

Total

2 1 4.000

78.300

l.iurolu

•<tock

OoiH.

148.700
1,083,000
1,748,000
;(8 1,000

(iartield

15.!.075
50.10->

01, -(20
200.5'iO

277.0(111,

7.1.400

144,272
4l,ou4

90,296
21.017

43,000

;

1,2M,(100

20.938.073

31.819

iio.iim
l,'(4S.70O

I.74K
2 72.(1

4.107..S0I)

80.713.400

17l,0.M
879,370
129,432

43l',4«»

2rtii.i'"'
l.'dll,

1,233.300

'Inclu.lius; tlie lioin

6711.864

3.000
327.100

9.420.000

47,047
50.131
323.151

I

460,060

439.1100

m,03H..';oo

Nation

18S,04.'i
300,9.'! O)

160.'.8

222.000

:(o.(ioii

21.' 33.280

833,208

200,000

4.

17:1.7011

21.477.3:18

1.110.713 48 121,797,917 20 10.741.330 70

05

444', IwV

27.'.800

8n,5lio.:i02

3.570,0.'9 07 120. 11 2.. 17
1.753.11:8 8.% 110.-2.181.38,1 10 II-;. :•
1.^30.315 17 llv

2u.i!j7

ll8,(M).i

i«:.4flo

79.730,204

I.=o

1.-,

570,100

10
17

1,021.010 29
;..',:-.3

i,ao<s,oo()

il..

Foil rill National.,
('initial

,t

Mfli.l5..
" 17..
" 18..
" 19..
" a«..
" ai..

M:>.sio

493.000
237,400
217.000

],r.o4.ooo

Batanea.
PajpHtnU.

:(8l.ft((il

2,123,0(10
u:<l,UM)
109.4110

594.000
437,700

2,.'i

3,400

5(17.30(1

1,0 7 1. .-.00
1'21,9»0
73.'».00U
4.007.;i(K»
4..335.l(10

22,:«9,1(10

Trail.

1811.000
4A,(HI0

4:il,lHlll

7,128,800
4, '284. Olio

Import -ra'Jt

2.4(H.;>Oil
».3-24.,300
4,1."7.1. 1(1!

3y8.,1(lo

•

100,2«(i

10

2,331,400
033,100

3,I40,IHI0
4,92l!,000

lt:4.727

locludoD Southern L>1t.
t Embracing Uoca lu Mo. Ark. and Xezaa.
V. S. Snl)-Treasury,—Tlio following tabic shows tho ro<;eipt8
»nd payiiuoits at tho Sub-Trt-iusury in this city, aa well an the
oalanceH in the same, for each day of tho post week
BeeeipU.

10(l,4l>(>

8.--'00

Clliaen's

Cum

800
III

(10

2,394,400
».U*,IIH)

951,219
5S0.O '5
1

I

7.01

Paclflo

Htire

|l8H,O(»0
1,011:1,

-

Ropnbllc

'

DaU.

.'

Mob. 3

118,845
129,708
177,185
1,538.908
80.239
30.212
69.300

2.>,79s|

Aiaerlc'ii Kxoli*f{o.

00,009

850,4:14

1

1M<.

21-*,211

12S,574
216,705
04,295

17,517
7.107
4,24.
83.497

61,99«
iry

137,.577

979.020
000,044
118,* .7

f'2,9il
71.;t28

wk Mrli
wkM.'li'

3,574.233
1,499,749
698,051

951,219
329,248
91,109
93.591
113.823

..ry..
I

I

151,525
'82.406

1,00^,775

4.40ii,:(ni>

Y

Broiiflwar

1178.049
•

75,194

I,4!lS>,74!i

iiy..

3lI_'.«31
8.9.«5

499.2CS3

23S.5.)T
233,2:iS
3.574.233 3,»2^t,357
10.2531
12.594

..

397,487
74,538

6:1,107

82,400

.ry..

107.117
83.459
3-14,457

105.V8.'

75.4!>4

II

133,4:^8

350,685!

472,013

.I:ii5iiary ..

.N.

Cominerro

7.!,435

1 1.1,007

103.40lli
I9.96:i
OS.lO-i

(111

Plitli National....

55,976
90.3S0
187,090

528.028

19,807
80,410

h'cli

1,2::(,4IM)

<1. rmau Kitcirnxe.
(icniKiuia

04,03.'5

Jan.

.

WK

nil

'.Ui ^s'k

8eventli
Slats or

30,870
2Mi,314
28l,80J

89,350

133.429
iiy.

Ward

»ft:i

2,0.55.942

10(1.000

9,435
18,240
83.450
10^.245
195,203

S.UMS.IIOO

Cliaso N.itiniial...

7..50I

9,100
1S.500
8..M3
11,515

104.1(11

Mannfri.

1,H.M,'JOO

M3.:.0Oi

84 n n

l)H3,flUn
1.II2H.(MM)

loll

i.caTiiir

793,800

4,01:-, ..;;

in'.t Drov..
mOch' ATr...

319,r.'..,

tl'll.ooo'

3..'.

.Nntlimal..

II

II.-...

l,84lil(H)|

-'M

14.1

iiitu*

55.').

3,0.">-J.200

i:.,-2r,

228,(;oi
.

3.498.0<W'

4e.sii">

19.37l>
zo.i'oo
2911.22

Mar. 3

K

-1

442.012
441.200
9I.O0O
28.9J9
1^4.127
35.894
10,610
14.e63
100,400
0.092
24,4S9
13,979

160.317

iii.V».it.-<ia
i^v. .VT. ir

.^2l.o;lll

S2.1i:

.>l;ir

.

."59.003

iii'Md

7.27 8,11110
3.21 I (KW)

'.

'

.il.i

*

,1.111111,111

.

l,02,'..i.

Ait.iiiin

8,i:

1

l.Hl^,'
2li0.H0.^

802.0001

-.1

11,1.1

^rn<^n*t

1,5111..

*
0.697,000

4.:i-

Araorica

^.^7o.39l

1.1:

Amaumt a/—

B.22..0IHI

7,77"

Ualoo

S«,305

thfl

for the
.

BanHt.

£a<«< Date,

S
A2.4M

'"iw»

I

Attratt

Kaudt.

WttkorMo

Tl.<. f..\\,.«

2.1

mint

190

k.

—

—

1

..

THE CHRONICLE.

356

Juucstmeixts

[Vol.

XXXVUi.

early day be suppUed with an abundance of traffic
the
product of the rich prairies, through which they run
now
peopled by an energetic and thrifty race of settlers."
The comparative statistics for four yeais, compUed for the
Chronicle, are as follows
'

RAILROAD HVTELLIOEIVCE,

'

:

Sopplement 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., February, April,
June, Augttst, October and December, and is furnished without extra charge to all regular subscribers of the Chronicle.
JEoctra copies are sold to subscribers of the Chornicle at oO
I'he Investors'

—

cents each,

and

to

others than subscribers at |1

per copy.

ANNUAL REPORTS.
Chicago MilTvankec

&

St.

Miles

owned

.

1880.
3,775

1881.
4,217

1882.

1883

4,520

4,760

425
319

527
375

626

657

Locomotives
Pass.,

mailA exp. oars

461
.507
16,772
18,557
19,734
OPERATIONS AND FISCAL BES0I.T8.
Operations—
1880.
1881.
lH9,o
1883.
Passengers carried
2,127,501
2,985,885
3,9.50 814
4.591,23-2
Passenger mileage. ..Ill, 561,919 137,940,086 200,790 926 235,579.660
Rate per pass. p. mile.
2-84 cts.
2-86 cts.
2 58 cts
2-52 ot«.
Freight (tons) moved.
3.260,553
4,276,088
5,127 767
5.661,867
Freight (tons) mirge. 504,876.1 54 697,347,607 945.250,159 1176605032
Av. rate p. ton p. mile.
1-76 cts.
1-70 cts.
1-48 cts.
1-39 cts.
Freight

& other

13,340

cars.

. .

Earnings—

3,1,59,051

8,884,227
1,042,841

Mad, express, &c

Paul.

$

$

Passenger
Freight

(For the year ending December 31, 1883.)
The annual report of this company for the year 1883 has just
been issued and makes a very favorable exhibit. The changes
in the stocks and bonded debt during the year were as follows:

Total gross carn'gs.;. 13.086,119
Operating expenses—
$
Maint'nce of way, i&c.
1,549,279
Maint'nce of cquip't.
1,086|899
Trauep'rt't'nexp'n'a*.
4,073,756

Common stock at

Miscellaneous

date of last report
$27,904,261
Issued on vote of st'kliolders at annu'l meeti'g in June, '83
3,000,000
.

Total

common

etock

$30,904,261

Preferred stock at date of last report
Issued in 1883, In excbauge for first mortgage
La Crosse Division bonds

$16,447,483

Extraordinary
Tot. operating exp.

Total bonded debt at date of last report, including
on purcbascd roads
Issued and eold in 1883—

bonds
River Division sterling bonds
Cro.s6e Division

93,500

$
2,018,424
1,367,674
6,051,930
473,166
65,367
341,370

1,366,80-J

$

$

2,258,317

2,223,175

1,999,.504

2,489,2,57
8,011,,533

7,023,918
589.013
03.609
221.112

614,609
114,029
325,434

$390,000
3,360,000
1,420,000

1,600,000— 6.770.000
$96,405,500

$40,000
133,500

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

EXTRAORDINARY EXPENSES.
There have been purchased and added to the equipment of
the company in 1883 cars and locomotives costing $865,407.
There have also been expended, for new buildings and other
property, $7.58,725, making tlie total extraordinary expenditures $1,624,133.
At the date of the last report the company owned, 4,520
miles of road. During the year 1883 there have been constructed or purchased 240 miles.
In the Territory of Dakota
In extension of the Southern Minnesota Division,
from How.ard to Woonsocket Junction
38 miles.
FromLetcherto Ashton, in the James Riv. Valley. 81 do
And in extension of the Hustings & Dakota Division, from Aberdeen west to Ipswich
27 do

146

146 miles.

5,667,992

7,342,838

$
7
81,000

dividends

50

miles.

8,824,467

10,046,404

4,786,054
2,461,042

6,093,111
1,249,727

7,247,096
1,577,371

s
5,373,935
3,212,895
7

7

8,586,820
1,459,674

was

stated as p.ayable out of the earnings of the previous year, as follows: In 1880, .1)1.398,712; In 1881,
$973,306; in 1882, $l,218,2ul, ,ind in 1883, $1,552,311.

GENERAL BALANCE AT CLOSE OF EACH FISCAL TEAK.
1880.

1881.

1882.

1883.

Railroad,eqidpm't,&o 99,185,683 120,073,630 138,015.099 146,093,665
St'ks&b'ds own., cost 2,163,567
1,265,364
768,846
1,161,980
Bills&acc'tsrec'vable
783,992
663,641
2,361.234
1,.5!J0,233
Materials, fuel, ifeo. ..
564,715
1,028.764
1,2-23,043
1,495,113
Cash on hand
382,951
555,200
2,960.732
3,048,965
m. & Iowa co.al lands
503,119
689,578
944,132
Cash due on st'k subs
1,129,215
Miscellaneous items.
232,736
417,060
255,061
Total assets
103 313,644 125,636.593 146,554,663 154,022,017
LiabUities
Stock, common
15,404,26
20,404,261 27,904,261 30,904,261
Stock, preferred
12,404,483 14,401,483 16,447,483 16,540,983
Bonds (See SiiPPLM'T) 67,172,000 79,059,000 89,035,.500 96,272,000
AU otherdues A aoc'ts 2,067,165 3,899.002 4,943,872 1,711,099

—

Unpaid

miles.

9,881,787
164,707

4,127,389
1,965,722
7

4,856,247
811,745

tliese

1883.

8,200,653
623,814

$

$

2,837,385
1.937,862

Tot. disbursem'nts.
B.alance for year

A portion of

6,707,530
635,308

pay-rolls,

iSic.

1,048,541

2,279,836

2,216,630
1,787,509

1,732,687
1,781,907

873,911
4,343,283

5,593,011

13,619,408

5,079,080

Land department

26 miles.
21 do
3 do

50

Totallncome
Disbursements—

1882.

4t

5,343,694
324,298

Interest on debt
Divs. on lioth stocks*
Rate of dividend

*

1881.

S

Rccdtyts

Miscellaneous

$96,272,000
$6,636,500

to

INCOME ACCOUNT.
Net earnings
Other receipts

500—

In the State of Wisconsin..
From Eau Claire to Chijipewa Falls
From North La Crosse to Onalaska
And from Iron Ridge Junction to Fond du Lae

23,659,824

1880.

$69,635,500

Total bonded debt
Increase during the year....

From Cedar Rapids to Amana
And fiom Okoboji to Spirit Lake

20,386,726

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

all liens

93,000

In the State of Iowa
From Sigouiney to Ottumwa

17,025,461

7.742,425 10,317,931 12,186,073 13,778^037
5,343,694
6,707,530
8,200,0.53
9,881,787
59-16
60'60
59 77
58-23

Net earnings

$16,540,983

Less land grant bonds, 1st series, redeemed
Exchanged for preferred stock

5,927.668
16,365,351

375,028
45,914
611,549

Pr. ct.op.ex. to earns.

500—

Total preferred stock

Hastings & Dakota Dlv. Extension
Chicago & Pacific. Western Div
Wisconsin & Minnesota Div
Land grant bonds. 2d series

5,179,078
14.002.335
1,205,313

$93,000

For River Division, sterling bonds

La

Taxes

$

3,938,989
11,884,795
1,201,677

Advances
Income account

Total liabilities... 103,313,644 125,636,.593 146,554,063 154,022,017
t

$3,550,974 of income balance applied towards ptiyment
common stock taken by shareholders at par.

tor 71,019

shares

miles.

44 miles

Southwestern (Gould) System of Railroads.
[For the year ending Dec. 31, 1883.)
The brief pamphlet report of these companies has been
44 miles.
issued this week. The remarks were quoted in the Chronicle
LeniETtnof road at last report
4,520 miles. of March
15, page 331.
The net results of the operations of each road for the year is
Making the present mileage of the road
4,760 miles.
shown
in
the table below, which gives the net gain or loss in
" All of which is owned by the company. No part of it is
the income account after charging off all liabilities. The
held upon leases on which rents are reserved, and the property "
debit " account, as in Wabash, Missouri Kansas & Texas and
is only encumbered by the bonded debt above mentioned.
The
company has never guaranteed the bonds or indebtedness of Texas Pacific, indicates a deficiency in income carried forward
any other company, and has no contingent liabilities of any from year to year with St. Louis & Iron Mountain a deficiency of $109,921 last year is changed to a surplus of $936,573
kind or description.
12 miles.
4 do
28 do

;

" Since the
laid, 213 of

last report 420 miles of new steel rails have been
which were on the new road constructed and 207

mUes in renewal of track in place of iron rails taken up.
"The 81 miles of road constructed in Dakota, from Letcher
to Ashton, make a continuous line in the James River Valley
from Yankton, by way

of

Mitchell,

through Aberdeen to

EUendale, a distance of about 250 miles, reaching a point
within 65 mUes of Jamestown, on 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 additions, all
the lines of the company in Dakota are connected.
" The rapidity of the settlement of Dakota is a mai-vel of the
times. During the last year over 12,000,000 acres of land
were taken up for cultivation by settlers, and from present advices we have 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

this year.

BAI.ANCES OF INCOME ACCOUNT.
Jan. 1,
Jan. 1.
Gain in
1883.
1884.
the year.
Missouri Pacific
4,635,161
5,064,563
429,402
Mo. Kan. <fe Texas
*4,282,281 3,910,783
371,498
Inter. & Great North.
3.101,075
3,064,783
*109,!i21
St. Louis Iron M. & 80.
936,573
1,046,494
.

.

Lost in
the year.

36,292

-

& Pacific
Wab-ts h St. L, &
Texas

'1,866,.532

Pac... *2,035,880

2,040,136
4,073,583

173.604
2,037,703

Debit.

The

statistics for 1883,

compUed

for the Chronicle, in coma.s follows

parison with the figures for 1882, are

:

Missouri Pacific.
1882.
Miles of road operated Dec. 31
Passengers carried (No.)
Freight carried (tons)
Earnings froin
Freight

—

1883.

990

990

1,472,311
3,194,353

1,567,683
3,270,721

.$5,780,859

$6,469,640

.

'

Uahcu iX

.

TIIK (11 HONK LF.

18)<4.

I

PiMMmiieni
Mnll, rxproiw,

HM'J.

ISimMI-; a^

fl.MiKl.tHxi
-ITT.liMt

Ao

\mk2
I

.nL ral'lilligx
ilvldeiids. olo

T"l
uf

wny

i,:ii;i.Hti;t

iif

o»r»

:iH-j,tiii,'p

I,ll'J.,'iMM
t.:ti:i. ifto

142.I)-JII
.

Net rnriiluRN
Per oKiit nf o|M>nil'g

I

iN.k-.'tl

t*,31!4,«.><«

$.|.1t7><,.lll.'V

IN'},7(II>,7:«)

I^l,l7.'>,'.'li(l

03*44

54:it>

exi«<i>ap<i to enniliiK".

INCOME ACCOUNT.
IKH"

lKs:i.

f:i,7t!ii,7:i()

-

ino

Interi

:
,

XlUOf, KllloU.

146,'M7

$a,47'J,'i41

$3348,314

$2,378,822

$2,402,517

*l.lT.'..'-'(i»I

4:ii),oiii

7(K)..'i.'ii:

191, 05»

47)>,209

$2,569,881

$2,971,717
iir.$37 1.407

A,i\

Total diabiiiiiomcnis
Babtnoo for year...

defl't.$97,640

OEMERAL

IIALAlroa t)tc. 31.

Afult—
ei|ni|iniciit
iMiiida
IMio rriiiii nillriindH, Ae
Cash on liaiid.
Siipiillex and materials on band

$67.0.54,'.!'J9

atnekand

16,H99,'.!03

94.470,-.i8-J

*4,«1.«,027

|il,.19H,:il)0

!yi.0f!7,H'<0

i,nni,ii!>
1..;

...1

1.

Taxea,

..

HIS.OHM

•IJ0,20fl

93.H»%>i77

iIi-t,lRft,524

$.'577,405

$•120,403

rciitolK, ttn.

Total illnliursetnetiM
Bftlanps foryoar

nRNKRAI. BAIJINCP. DEC. .11.
Anetii1HA2.
Vnnt of rr>n<l mid M|ul|>mcnt
t30,'20H,i»01
r
I.. Ill Ktooka uiidlMmdH
20,8.5(i,312
^
kI aiiiipliOM Oil Imnd
024,117

3,010,784

$89,374 ,0«17

$90,367..382

$46,417,468

$10,417,506
41,560,590
1.477,977
890,676

twlcariihigs
AdviinceHto rnllrooda
liii.'..|ic.

$62,930,340

l.ls.-,.71H
77!l,0.'>O

731,061

ill.

mill

'

ir

<

$64,971,684

$29,9.5R,!M)0

$29.962.1 2.5

2!5,37fl,(X»0

26,H».5,00<)

468,972

496.433

..

2,39.'i,920

2,430.6.51

122.911

,,,

92,386
4,633,102

ocrniod.

December

MiHrollaUUOUS

Income iiovount

5,064,.')64

$64,971,084

37,.502

14,.573

$00,367,382

Great Northern.

Freight
Passengers
Mall, express,

Honntain

&

iPrelKht oirrieil (tons)

,

,

179,815

$2,416,205
817,321
202,352

$3,312,285

$3,435,968

$692,581
591,066
762.096
177,682
81,960

$784,050
746,399
711,029
146,998
93,240

$2,305,385
$1,006,900

$2,481,716
$954,252

69't>0

72 23

1882.
$1,006,91X1
6 ",072

$954,252
34,657

$1,073,972

$988,900

727.9.36

Ac

Total earnings
Expenteg for—
CoiKtiict ing transportation

,

Motive piiwer

,

way

Maintenance of care

882
955,787

905

1,500,491

1,028,943
1,557.954

J.5,714,.')62

$5,812,1.J0

1,462.239

1,595,905

Ac

Hall, exprocs,

Total etutiingB
Erptnte» for

—

CondiioMne traiLiportattOU

405,408

496,628

$7,582,209

$7,904,683

141.747

$1,409,074
1,128.737
1,086.018
428,434
161,670

$3,846587

$4,214,.5(!3

Hct eamlngH
$3,735,622
50-73
Per cent of oi>eratlng cxpenscn to eam'gs.
DfOOMB ACCOVHT.

$3,690,120
53-32

>?'

$1,271,928

v,r
-of way....:
c of cars

.^'
."

969..'>54

1,114,990
.348.368

Gt,.,,„.

Total oxponseii

Seeeipli--

1882.
$3,73.5,622

NeteaniinM
Other rewfptu

INCOME ACCOCNT.

1883.

Net caniing.i
Other reeeipts
Total net income
Disbursements

—

$1,119,657
65,688

Total dlsbnr.iements

$1.18.5,345

Balaiieo for year

def.

102,892
$3,838,514

$3,785,174

Capital stock

$2,248,979
499,663

$2,259 193
479,486

Intei-est

$2,748,642
$1,089,872

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

1882.
$27,779,900
247.543
3,140

Taxes, bridge and carerpenses, 4o
flalance for year

—

due and accrued

Misecllaneous

OENBRAI. BALANCE DEOEMBRR 31.
Aitelt—
road and equipment

1882.

t'nst of

grant land
IiiM^tiu.nt instijoksand Imnds
|J
Miroads and liidividuals ...
l.;iii(l

$51,164,896
3.214.452
1.333,985

GalTCston Houston
3.022.,598

5,240,068

37,564

109.922

$57,647,566

$61,006,81

$22,084,085
33,929,901
1,311,377
322.203

922,083,865
35,319,299
867.138
1,799.940
936,573

$57,647,066

$61,006,815

T.iithititiea
il

Ii

t

and accrued.

:. It-

.

Sundry

.u'ooiints payable..

Income account

9[is.sonrI

Passenesrs rarrioil (No.)
Freight carried (tons)

Earningt frmn
Freight
Passengers
Mall, express.

—

Ac

Total earnings

- far—

r-

<

t

ninsportatlon

!

M

« of way
Halnteimnoe of cars

Muuiii

iiMMi

General
Total expenses

>rete»mlngs
Per cent of operating expenses to eam'gs.

1882.
1.374
557.035

$28,122,267

$9,755,000
15,008.000
241,368
52,727
3,101,075

$9,755,000
15,008,000
247,071
47,413
3,064,783

$28,1.58,170

$28,122,267

& Henderson.

This road was only operated under lease to tlie International
188.3, having been foreclosed in 1882.
No
report of earnings in 1882 has ever been published: in 1881
gross earnings were f 327,6.")3 and operating expenses f;3|0,6A.5.
It is but .50 miles long, and forms the only outlet of the fiould
system to the city of Galveston; but the road was in poor condition when foreolose<l, and large expenilitures have probably
been made on the proi)erty. In 1879 the gross eaminga were
reported at J;.')36,838 and operating expenses only ^07,287,
leaving net earnings |229,.'><51.

& Great Northern in

188$.

Passengers eari'loil (No.)
Freight carried (tons)

80
01,105
189,190

,

Karnings from —

1888.
l.S«6
793,808

Freight
Passengers

1,6.5,5,103

2,I30,H!»|
$.5,044,9.39

3.59.801

447,896

$6,4.50,464

$7,84.3,511

ticncral

$1,172,216

Total expenses.
DeBolt for year

1,750,676

$280,089
88.624
21,117

Mall, express. Ja>

$4,710,072
1,380„591

Total eafnings
Erpcnsfs for^

$380,830

Coiidiietliig transportation

Motive iM>wer
Maintenance of

$187,260
112,048

.

way

102.361
16,799
12,714

Malntenanc/e of ears

1,117,2.53

$1,385,610
1,465,846

1,.369,,504

1,196,8.54

377,084
148,929

449,813
148.381

$4,184,986
$2,265,478
88

$4,6.|6..5IM

W

1883.
$27,867,110
250,493
4,664

$28,158,170

Miles of road operated Deo. 31

Kansas & Texas.

Miles of road oiwrated Dec. 31

$1,025,202
$30,293

def.

1883.

$52,705,985

1,518.032
30<i.279

$908,785
116,417

90^58

Income account
Total disbursements

.

36,729

I'linded debt

bomU

$111,373

1883.

GENEBAI, BALASCE DECEMBER 31.
Assets—
Cost of road and cmilproent
Investment In ntocKS and bonds
Cash on hiind
Supplies and materials on band
Miscellaneous

$3,690,120
95.054

Ditburgrme»t8—

'

Interest on bonds
TaxeH. rental, Ac

Liabilities

Total net income
Interest on

Net earnings
Per cent of opcr. exiienses to earnings
Reetipla—

Freight
iPasseuKvrs
I

492.172
503,452

$2,40-t,.534

Total expenses

1883.

Samingi from—

I

775

2.50,817

Southern.
1882.

Miles of road operated December 31
Padscngers cjuried (No.)

183.1

775
486,585

—

General

St. LOnig Iron

54,705

1882.

Mainteiianee of

^2.930,340

&

1,468,807

$89,374.0<17

Miles of road operated Decemher 31
Passengers caiTled (No.)
Freight carried (tons)

Karnings from

LiabUiHt*—
1

1,403,123
802. '.{.57

International

IHft.l.

708,441

atorlr

40,71.3,717

due and aceniod
Met from land department
MUcellaueouM
Intert^Kl

$30,0.'>O.II3fl
22,:i2i.:ii(i

I,2»8,!>lt0
202,.'>70

ihI

I

JAabiliUrt—
CoumiiHi Kloelc
Funded debt

$66,448,676
18,484,410

1,106,870
8 742
22,741
4,282,282

liioonic iu<count
rl liu-fimo

1883.

ISM-!.

Cost of roml and
InveKliiientM In

.vo
1

$.1,197,007

200,76:1

(i.'iio.tmn

*l,:i.Mt.<«M>
I,(>l>.\71l

lM>rl«Moii

I

18 AS.

$2,205,478

•..•.«.••..«..

f»t,004,«tM

Mli<«x

•n>ial<>x|M-n».

lint

$3,197,007
59-24

$4.32,082

$42,252

Texas

k

Pacille.

Miles of road operated December 81.
Passengers carried (No.)
Freight carrietl (tons)

1882.
1.487
392,369
1,049,269

1883.

1.487
744,740
946,219

5

THE CHUONICLE.

358
Earnings from—
Freislit

Pnsseiisers
Wail, express,

Total

188S.
$4,5«7.<t43
l,575,(i70
9()2,939

9(ir),49(J

$5,919,732

pariiiiig.s

OPERATIONS AND F.SCAL RESULTS.

1SS2.
f3,80(!.94-l
1,147,'292

&c

$7,04r),6r>i;

Mxpcnscs for
CoiirtiKt.ug transportation

Motive power
Maintenance of

$1,20.'),325

5!T,(.]S.47r)

1,0(J4.135

1,742 724
1,423,875

way

1,142,338

Mainten.ancc of cars
General

356,523
148,120

435,5S(>

$4,576,440
$1,343,292

i};5,397,(i44

Total expenses

Neteaming.s

7730

expenses to eamlugs
INCOME ACCOUNT.

fei- cent of oper.

1882.
$1,343,292
346.511

Seetipls—

Net ea,njlng8
Other receipts
Total net income

—

IHsbursemeuts
Intf re.it on (U'M
Rentals and taxes

176,084

$1,648,008
76 61

$1,970,085
244,317

$1,808,283
Balance for year
def 1 1 8,480
(JESEHAI. BAI.ASCK IJKCEMItKK 31.
Assets—
1882.
Cost of road and eqnipnient
$(il. 589,602
Interest scrip ifsncd
2.904.356
C'afli and accountscoUectil) c
1.112,095
Investments in stocks and bondi*
7.749.187
Siukiiijf fund and advance.^
9(i.491
Miscellaneous
325. S99
Income account
l,8i)(>,534

$2,214,402
del. 1 73 603

$75,^44,164

$76,857,"21

$32,145,200
41,715.000
909,090
654.470
172,774
47,630

$32,161,900

Liabilities

—

Capital stock
Finided debt
Intercut scriii
lutirest due aiul Bccrued
Texas school fund

Miscellaneous

;

1883.

$62,404 552
4,110.110
64-^.0.57

7.536,720
120,045

1-48

Earnings—

41.7M.O00
2.112.330
67S.it35
1(>9,335

21,721

$75,644,164

$76,857,921

1882.

1883.

388
145.084
317,434

388
164,743
371 ,556

$'82,960
242,715
88,369

$1,143,780
253.437
108,130

$1,014,044

$1,.505,347

$161,168

$217,332

18I5.369

26s.Ms

way

l^0,226

2H0.673

of cars

4'»,475

.57.!)s4

Miles of road operated December 31
carried (Xo.)
Freight earned (tons)
Pa.s.sen.£;er»

Earnings from—
Freight
Passenirei-s

Mail, express,

&c

Total earnings

Expenses for—
Conducling transportation
Motive power
Maiiitcnniicc of
.

Maintenance
General

Total expenses

Netearidngs
Per cent of oper. expenses to earnings

Wabash
The only

St.

26,03G

$.572,746

$830,17a
$675,171
55 1

$441,298
56'48

Louis

figures relating to the

18,508

&

Pacifle.

Wabash road

are for the six
montlis ending December 31, and the income accoiint for that
six months and the balance sheet December 31 were as follows:
INCOME ACCOUNT SIX iMONTHS ENDING UCCEXIIEK 34.
Seccipis—

18f3.
$2,826,760

Not earnings
Dividends aud other receipts

37 3,3.37

a
2,747221

8,460,4(;l

S.iiUi ft.w

to

Total gross earnings
Operating ejrnenses
Mainlenance of way. &c

—

1,507,305

1,6.52,563

12,661,703

13,0^4,743

1,34P,214
1,118.311

1,493984
), 124216

3,"6.i,3;i9

539,554

3.2S8J026
52»|o45

Mainleuanee

of ciiuiiinient
Transpi>itaii<in expenses

Total

'

71,448

6.435,271

6,^90.261

P,62!1,472

47 95

4ii'2J

P,'

Net earnings
Per cent of operating expenses to earnings*.
Uxeludiug rentals and taxes.

Mihvaiiiiee Lalce Shore & Western.
(For the year ending December 31, 1883.)
The annual report of this company is altogether statistical,
the ligures being given without remark or comment. The
business of the company seems to be healtljy. The traffic
statistics were as follows:
18«.
If83.
Numl)er of passengers carried
Number of asscngt rs canied one mile.
Avenig(Mate ]ier nass iiger per uiilc

242,159

Total receipts

$3,200,147

—

Interest on bonds

32'.:,|,qc.

Number of t:ns of freight carried
Number of tuns carried ono mile.

35-',-).0

27,513,115

Average rate
r ton per mile
216joqc.
22|nQoP.
The earnings, expenses and income for tlie years 1883 and
1883 have been as follows:
pr

1882.

Milcsofroad
Earnings from —

389

$53"", 361
;;75.6:;4

&o

Total eRrninis
Opualingexi eases aud taxes

N.teamings

if696.ClS
3fii»,9;5

37.S30

5'J,07O

$90n,31S
57f,014

Jl,05'*,'ie3

$32*^,271
G3'78.

.^38?,138

18??.

1883.
$388,lSj(

670,525

Per cent of opcr,tiug exp. to farniugs...
INCOME ACCOUNT.

Netfar.icgs

CI 31.

$328,274

OtUerreceipts

3,58

1

J,9'l2

Tot.al

$3.n,S(i3

$393,fflO

Surplus

$10.',7b2

net receipts
Interest p:iid (iucludiugiLcomes)

2:9,071

2'3?,'#Ut
.'i-110,:Sl

GENERAL INVESTMENT NEWS.
IJnffalo Now York <k Philadelphia.— Messrs. -L. H. Taylor
Co., in Philadelphia, deny positively the rumors re.2;araingf
tlie a.sserted borrowing of moneys from t-he Messrs. S^'ligman.
for the purpose of paving dividends on the preferred stock of
Philadelphia, and say " The funds
the Buffalo New York
used to pay the dividends came from an undivided cash
surpUm of .iiSOO.OOO, applicable to this special purpy.i:'.'"

&

&

Chesapealie

and expenses

ii

Ohio.

for the

:

— Comparative

month

of

statement of earnings

Januaiy

is

as follows

$280,(;21

F.aruings
Expeu.scs

$G:v609

Inc.

.0 J9
211,714

$

$I0.'.'55

$25,884

$2.".

215,011

Net earnings

:

1883.
1

i'f.S.lJ

3,'i9o

33s.(!l(i

Total disbursements

Balance for

1683.

320

Pafscnsers

,$2,204,545
5(i7;235

-.

Rentals
Taxes, &c

2jU Bj4
9,^5>,770
324, n^.
3 G.^tiO
31,747,993

8,= ,o9,8T2

.

18.^4.
Dif,btii'se>iiC7tts

1-13 'cts.

Freight
Mail, expiess,

Mail, express

Central Branch Union Pacific.

SSSa'siii

60),632'607

cts.

$

FiPl.'ht

Total liabilities

3.')4 (I'll

11:' i'='>'(,is

2,693.943

i

2,040,137

iggs
4

111.687.721
3,490,276
570,2 IP,:, 21

Passenger

392.7',il

$1,670,9.50

.

3SS2.
4,75.5,81)4

rassciigermiien.ge
Freight (tons) moved
Freight (t.;us) mileage
Average rate per ton per mile

Miseellaueous

1883.

$2,040,799

137,333

Operations—
Passengers carried

$1 64H,008

$1,689,803

Total disbursements

IXXVm.

(Vol.

year-..

GENERAL

liAI/AMCE

DECEMHEK

Assets
Inve.stniraits in stocks

and bonds

Supplies and materials on hand

Income account

31.

l88'*

Cost of road and equipment
(debit)

$116,329,942
8,667,697
700,404
2,035.880

Chicago & Eastern Illinois.— The stockholders of the Chi$3,110,396 cago & Eastern Illinois Railroad are to meet in Chicago on
$89,751 May 20 to eonsider 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
$117.625io82 and operating its railroad.
9,365, (>77
600,494
4,073,584

St. Louis & Piltsbnr^.- At Indianapolis, March
the stockholders of this company held their aiintial meeting.
The first action taken was the approval of a consolidation of
the Chicago St. Louis & Pittsburg road of Indiana with the
Chicago St. Louis & Pittsburg road of Illinois, the Legislatiue
of Illinois having enacted a law at its last .st^ssion permitting
such consolidation. The gross earnings for the year 1883 were
net earnings over operating expenses, |984,972,
^5,330,937
1883 and if;641,0.'53 in 1881. The stoekagainst $703,.'581 net
holders elected as directors for the ensuing vear William L.

Chicago

19,

$127,733,023

$131,064,837

$27,140,5;)0

23,034.2)0
70,937,854
1.443,0t0
3.276,056
1.902,2/3

$27,337,200
23,031.200
76,460.075
l,5ll,S36
2,773,516
509.010

$127,733,023

$131,064,837

Liabilities—

Common stock
Pj-efcrrcd .stock

Sanded debt
Interest due and accrued
Notes and loans payable

Balances and accjunus

'
Illinois Central Ilailr«ad.
(For the yea?- ending December 31, 1883.)
An abstract of the annual report, incljiding income account
and balance sheet, was pubhshed in the Chkonicle V. 38, p.
237. The year 1883 is the first in which the earnings of the
Southern Line have been included with the balance of the system, but a statement of all lines for 1888 is presented to make
a proper comparison. The operating expenses as given heror
Tvlth do not include rentals or taxes.

Total road operated

18S2.
1,908

,

Locomotives
Pussenger. mail aud express cars. .a.
Freight and other ears^
Derricks, snow plows, Sc
.

1893.
1,928

330
...)

».%
J

8.773

(

3\0
315

{

8.169

(

81

;

m

Scott, Erie. Pa.; O. J. Osliorn, New York (ioorge B. Roberts
and J. P. fireen, Pliiladelphia George Driggs. II. B. Roberts,
George Williams, WOliam Borner and F. W. Belc. The five
:

;

last

named

fire

new men.

—

Colora4'> Coal & Iron Company. At a meeting of stockholders of the Colorado Coal & Iron Company, a committee,
consisting of Charles Moran, L. H. Meyor, Reuben Leland,
Isidor Wormser and Spencer Trask, was appointed to co-operate
witli a similar committee recently apiKiinted at a meeting in
Philadelphia to prepare a ticket for tlie annual meeting ui
"

April.

.

^

The rasult of the meeting in the election of the committer
by a vote of 29 to 28 was said to bo favorable to tlie present
managemojit.

—

\

.

MMcn

83

THK CHRONICLE.

18S4.I

Siiiidy.— ('mi
for Ihu uioulU

1.

luiii

:

1

iry

I

.

lilt!

ui.

is

I'kruiu^^

aH follows

ii

ut

t:wj>jiuisfi

1I4B4.

Ucn.,4fi'>

4-i.t».)?j

Dvji'. U.K.''

Neti>»ru;n;j9

InliTnnM

•

•'

.- On-.-'tic

i..<

jil.OH
Inc. $l.ftai
tLSOl
& Oripntal (Jlo^Ioo.)-

liioli
lliii

>

of

rccoivcr of

uipi)iiitp<l

w.is
city

i

,

Uuo<lo via

rimi

Violoriii

ami

limv

tliis

tlif

cfiust

aud on which coiLsidorublo griiding

luis

done.

f'cn

Kpntnrby Conlrnl. —Since

Boroo of the large stockholders
il
refused to join the ajcrtvuient for na
limils to nu>*t tho road'.s indelitciliicss,

':

The

..-..., ,uii/,alion liavo Ixhmi tallccd of.

latest

9,78(1,091

71,20«l
3.372,.14X

l,(tSU,H0O
a
Navigation Coimiany's loan of

—Tho

Oregon Railway A
was tJiken largely in Ueriiiouy. Tlir Imlanco wa>i
M'd for ill England and America. This loan was made
i;iletj' the
Riker City Branch Ckjnipnny to a junction

?3,00o,iH)0

says that Mr. J.iiuis
l.l<T.

~

lyl.gmim
ilyl.not

ir^.'-iio

mn,' or)
8:1,-38

'.

«

"t

I

»l7.s,)3

13. -HI

f

187.503

,

'•"

lafl.l.

$J7.3(I7

tfy.Ki.H, k

J"i
I

...

.'^6»

'^

.II'

ol'

:

inilii«:<.,..

xi>jimv<

:

Terms are not stated.
Oregon Southern Improvement.— A diniinfch
land, Oregon, March 20, said: "The Or.
witii wrogon-Sliort Line,

fmm

Port-

Tmmortgage of
rday
on the conipain s jM
r!i Cooh
and I) pugl.is coiiiitiiK. Tlie bonds are p<ivable to tlif Boston
Safe Deposit Tnisi Company and boar
per cent auiiual inprovenii-rrt (Company tiled a
to M'curi' the bonds issued

,1

i

-i

I

\

and stock holdci's who arc willing to help terest, |)ayable half-yearly.
'iild form a .syndicato. and, by paying the debt,
Pittsburg Cincinnati & St. Lonis.--The annual meeting of
iiivful till" aiiiKviiitnieiit of a nx-civer.
It is said that havihg the stockholders of the Pittsburg Cincinnati & St. Louis
iS^iilnit hoO'^ht tilt? •debts of the comp.iny, the syndicate will de- road Company was hold in
Columbus, O., >l<ia:ch IK. The
of tho road, and if possible buy it in, and if not, annual report for 1888 is as follows
lers outside of the syndicate take care of themOroM earnings
$4,623,740
liond

:

'

Expenses

"Within a

^l.xioan Central.— -V Boston dispatch says:

3,087,465

,

Netenminipt

$1,536,275

thi< Mexican ('entral Itjiilroad will issue securities due
Add amount i-ccelv* d for Intel esi, .ic
»
8".78t
block subsiTibers; :#4,000,0<li) in bonds will, therefore, be
Total
$1,519,1150
euixl upon a single date, the largest amount ever issued
TO7.2fl0
,...
any one time.
As they were all paid for some time Interest on bonds
\
Otlier puyiueulg
:.98,t6t
to, and no more assessments remain (o Ixs paid, some curility is manifested .is to how many of these bonds may come
Total
$l0un,I54
t>on the market.
The total amount of Mexican Central bonds Xot prciUt main line 18^3
$538,905
592,747
sued to the !-ub8cril)er3 to the four series of blocks and Deduct losses on leased lines
c'.(!0O,(K)0 bonds to the founders will amount to ?35,0(M),(K)0."
Ix)S8 on nil lines 18S3
_
$53,841
ITi'xicaii National.
A statement has been i)repared by the Protltlnl882
$7^07
>rs of the Mi'.xican National Railroad Company for subThe following directors were elected : O. B. Roberts, J. N,
':i to
the bondholdei-s, on the subject of ihe financial McCullough, William Thaw, Thomas t). Messier, R. Sherrard,
11 lilioa of
the comiMiny. It is proposed to fund all coupons D. 8. Grav,
H. H. Houston, Wistar Morris, J. N. Dubarrv, W.
oi'i and including April 1. 1884, to Oct. 1, ISSO, of bonds bearH. Barnes, J. P. Wetherill, G. H. McCook and John P.
April
date
1881.
and
fund
coupons
from
ig
1,
to
the
and Green. The organization of the board wa» postponed for the
Icluding Julv 1, 1884, to Jan. 1, 1887, of bonds bearing date present.
illy 1, 1H83.
There are $19,330,000 of the first-nam«l Iwnds
Pittsburg Fort Wayne & Chicago.— A special meeting of
lid $r),0<K),000 of the second.
The question of passing the A])ril
Chicago
bupon wiis considered by the Executive Committee March 19. the stockholders of the Pittsburg Fort WajTie
Railroad has lx>en called for April 3, to^ote upon a proposition
lie company has been negotiating with capitalists in England
for a new issue of bonds.
ir money, but a short time ago the negotiations fell through.
By order of the Executive Committee, President L. H. Meyer has issued a circular to the
Missouri Kansas & Texas.— The Trea.surer reports that the stock and bond. holders explaining tho
situation. The lease of
rivilege of exchanging the second mortgage income bonds
the Pittsburg Fort Wayne
Chicago Road to the Pennsylhd coupon-snip ui;on the terms adopted by the board of vania Railroad provides that the stockholders of
the leased,
kreetors November 2, 1883, is extended until further notice.
road shall keep that property in gootl running order. To pay
Nnshvillc Chattanooga & St. Lonis. The gross and net for the necessary betterments, the lessor company has issued
tmings for February, and for the eight montlis ending Feb- to the lessee comiwiny for several years special guaranteed
stock known as '• betterment stock." •
nary 29, in 1SS3 and 1884, Imvc been as follows
So long as this stock seemed the least burdensome security
Februari/.
8 nws. to Feb. 2S.
that could be plaoed at par, the directors of the Pittsburg
18S2-83.
18-l;l-84.
1S83.
1684.
•os» wiminci
$210,4a.> $1,574,184 $!,• ;iJ,:iit3 Fort Wayne & Chicago Company were satisfied to issue it; but
.$19,'^,2e2
10U,33t>
llOXil
vcratlug cxpeuat's
(<T2,021
8--'i»,-.48
when it advanced in market value above par, the directors
«5 8.n2d
jt ejiriiliiKs
.ffl .274
$702.1(>O
$743,545 did not feel that they had tho right to issue it at par. The
.14.530
tcreat aud taxes...
5.>,462
433.920
442,306 inevitable result of such an issue, it was stated, would enable
the lessee company, by accumulating these issues in a trust or
Sorrlits
$34,306
$35,792
$268,231
$301,239 sinking fund,
a few years to outgrow the lessor company ia
New York Lake Erie & Wcstera. The gross and net carn- the control of the latter 's own property. The issue of the
gs for IXt'eniber. and for thi' three months ending D;^cemlx;r 'betterment stock" was therefore stopped, and negotialio'ns
in 1882 and 1883, are given below. The gross earnings in- have been jx-nding with a view to providing some other form
iide only 08 per cent of the earnings of the N. Y. Pa.
O. of security to cover the costs of the improvement-.
The directors of the Pittsburg Fort Wayne
lilroad," leased in 1883, and the net earnings thus compare
Chicago Road
have decided to submit to the stock and liond holders tho
operly with the previous year.
proixjsition to issue mortj^ge bonds not exceeding $20,000,000
reefmbtr.
18S2.
ISSS.
in amount
the bonds to have fifty years to run, and to be
'osseai-uii)t«
$l,'l!ll,403 $I,«2',d6S Inc.
$132,104 i-ssued from time to time, as require<l. to pay for lx>tterment»
:,21:i,bti5
Di-klui; uxiivu^ies
l.VJ'.iid Inc.
347,500
under the the l^^rms of the lease witli tho Pennsylvania ComNet caruhi^d
$2J<i,342 Dec. $21j.:-;9G I'any.
Louis II. Meyer, Georga W. Cass and Charlos Lanier
$141,738
—
are the committee appointed to receive prcxxlea in favor of the
-3 m«»
..>iiili

,

(

—

I

&

&

—

:

.

.

—

.

i

.

1

•

m

—

i

.

&

&

.

;

;

lom

1-82.

1S83.
K>.4l.\'i!>ii

Iiio.

$1,08^^8

v,l-!0,'Iti4

4,012,K)7

Illi).

I,l.'.f.v43

,*4r,273

772,738

.$•..32

oarDlu;:'< ...

irklivgLxpt'inis

'.237

i

I)roix>sitioN.

The Pennsylvania Railroad Company claims to have made
on Hie lesused proj)erty auiounting to |3,000,000,

tietteriiients

Nat Citniln;;:!

Kcvf York

West Shore

Dec.

*C9,4H4

lluffnlo -It is reported that a
an for the financial reorganiz-ition of the We.st Shore roaU will
ortly be siil initted to the creditors of the company. The
oposiliou liivDrcd now is to issue a I|l3."),000,000
Jior cent
!.> fund three yeirs' couixins of old bonds
,11 of the new btmds will Iw reserved to
,;.;.
i.<(
...
income Iwnda issued to the North
hver t.onsUiK-tion Coiii])any, and the remainder will be
jiued to pro\ icle equipuiunts, &c. The teriliinill lx)nds authorvd will pi(i!i:il;ly be withheld from the market for a year.
fie Hclieiiu' is said to be favored by a controlling interest in the
•ad, but is ojiiKised by some large bondholtlers.
Jt

'

'

i

North River C^oiistrnclion Co.— Rt^ceiver Ashbel Green
us
ill

given notice that the North River Construction Coi*p:iny
go into lii(uidatioii, and that the Ixioks liijve l)een closed

for which

it

has not yet

impress the public most favorably. Tho
reducing its debt by land sales, .and bad
it mot l)een for the delay of Oregon Railway & Navigation in
compl' ting its line to Baker t'ity to a junction with tin- Union
Pacific's Oregon Short Line, this road would now have the
lienelit of a large Oregon busine.-is.
As it is, the connection
will probably soon be finished. The following is the statement
of earnings and expenses for Januarj'

showing,

will

Union Pacitic

is

18-"4.

Grotm

•rmaneutly.

Ix'i'n [laid.

—

Tlie statement of net oirnii»g:3 for January
Paeifli".
has iM'cn publislieil and slriws a lai-ge decrease in comparison
with January, 1883, This is undoubtedly (Swing in great fiart
to the cutting in rates, which is a temporary ilifliculty.
The candor and fair dealing of the manager.-i in continuing to report the earnings- when they make a bail

Union

$1,538,908
I,a05,3J4
....

operutiiixcxiieusoii

18-3.

Chatiffft.

$I.0IP,851 Doc. $377,940
1.019,123 Iiiv. 2$e.213

& Navigation Co.—The Boston Tra>iNet
$233,541
$397.73J D.c.^;i.lS9
The Oregon Uaihv.iy & Navigation Company has
'd any earnings since its December report until to11
^Tbe land sales of the Union Pacific Railw.av for the month
i.v. uliua
Irhe gr<jss earnings for February and since July 1
of February were
1884, 173,.">!t3 acres for ^I8,"6.")7; 1883, 12,620
e given out. The flguris in detail are as follows
acres for |137,902; increase, 130,974 acres ^80,755.
(resoii Ualiw.ijr
;;)

;

,

;

—

;

'

:

:

:

:

THE CHRONICLE.

360

Jhe ^ommzvcml

Friday Night, March 31,
week has been more favorable

1884.

bales, against 49,876 bales last week, 68,730 bales the previous
week and 76,487 bales tliree weeks since; making the total
receipts since the 1st of September, 1883, 4,538,559 bales, against
5,343,783 bales for the same period of 1883-83, showing a
decrease since September 1, 1883, of 714,334 bales.
Receipts at—

;

;

;

Mon.

Sat.

Salveston ....
Indlauola, &c.
New Orleans...

Wed.

litet.

Thurt.

Fri.

Toua.

544

288

191

975

1,782

361

4,141

3,917
60

325

685
320

1,641

10,132

367

1,792

1,059

2,605

Mobile
Florida

442

593

SaTHunah

505

5

94

947

687

1,121

353

992

806

4,461

792

581

765

604

913

4,3«5

Brunaw'k, &c.
Oliarleston
Ft. Royal, Ac.

8

8

4SS
93

25

98

47

36

164

36

517

1,175

1.313

1,740

1,675

1,244
2,527

7,661

160
609

201
565

247
838

236
382

149
3

11

1,001

3,010

754

35

129

219

289
249
347

6,917

9,888

42,635

WUralngton
Moreh'd C.,4e

92

Sorfolk

Wesi-PolntjAc

New York
Boston
Baltimore
PliUadelp'a, Ac.
Totals this week

7,95Sl

8.358

4,9461

2,M7

219
1,1S1

For comparison we give the following table showing the week's
total receipts, the total siiice Sept.l, 1883, and the stock to-ni^t,
and the same items for the corresponding periods of last year.
,

1883-84
Receiptf to

Uarch

21.

Week.

aalveston

4,141

Indlanola,Ac.
Sew Orleans...
Mobile
Florida

Savannah

10,432
1,792

947
4,464

Brunsw'k, Ac
Oharleston
Ft. Royal, Ac.

4,365

ffllmlngton....

456

H'headCAc

92
7,664
2,527
1,004

8

;

,

21, 1884.

by om- telegrams
For the week ending

as indicated

from the South to-night, is given below.
this evening (March 31), the total receipts have reached ia^BM

Presidential succession.
The speculation in lard has been quite without spirit in the
past week, and prices have materially declined, a slight rally
yesterday being followed by renewed depression to-day, prime
Western closing at 9'70c. on the spot and for March and April
delivery, 974@9-76c. for May, 9-82(i:<9-84c. for June and 9-86@
Pork has sold to a moderate extent at
9'88c. for July.
$17 623^(317 75 for mess and $30@30 50 for clear. Bacon
Pickled cut
remains nominal at 9;\'c. for long clear.
meats have had some inquiry at SJ^gSJ-gC, for bellies,
8M@8J^c. for shoulders and lljj^® 1314c. for hams, and
smoked are quoted at 13}4(a!l33^c. for hams and 9V|^@9J^c.
for shoulders. Beef is nearly nominal at old prices. Beef
hams are drooping at |37(Vi $27 50 per bbl. Tallow is easier at
7J4@7J80. Stearine is quoted at 9'4@10c., and oleomargarine
Butter is dull, except for new creameries at 34@ 40c.
8?-4@ 9c.
Western factory quoted at 15@32c. Cheese is scarce and
firmer, but very dull at 12@15^^c. for factory. Eggs are dearer
The Cincinnati Price Current has printed
at 33(rt24c. per doz.
its compilation of the pork-packing^for the past season at seven
Chicago, Cincinnati, St. Louis, Kansas City, Indianapcities
showing the total to bo
olis, Milwaukee and Louisville
8,867,485 hogs, against 4,450,940 last year, a decrease of 583,455
hogs. This is a decrease of 18'37 pounds in the aveVage gross
weight, making a deficiency in the manufactured product
equivalent to 848,000 hogs, or 19 per cent. The decrease in the
yield of lard is 2 4-10 pounds per hog, which is equivalent to
91,000 tierces. The reports of the stocks of provisions show a
decrease of 53,.500,000 pounds of meats and 108,000 barrels of
pork. The stock of lard is about 6,000 tierces greater.
Rio coffee has been dull and declining, and fair cargoes at
options have been active,
the close are nominally 1134c,
excited and panicky at a decline of Ic. to IJ^c closing at
9'lOc. for March, 9c. for April, 8'95c. for May and June and
the stocks are largely in excess of
9'05c. for July and August
those held here at this time last year, while prices are
materially higher than then the failure of three firms has
added to the demoralization ; mild grades have latterly sold
more freely, notably Padang and Caracas, but at lower prices.
Tea has beien fairly active, but at lower prices; Japan sold today at cOc. for April, 31l^c,@31j8C. for May and 333^f(ii33c. for
June, Rice has been quiet and steady. Refining molasses has
declined to 23c, for 50 degrees test Cuba New Orleans has not
changed materially and has been quiet. Spices have been
quiet, with ginger and cassia lower. Foreign fruits have been
generally steady, and raisins have advanced. Raw sugar has
been fairly active at declining prices, fair refining closing
nominally at SJj'cffio 7-16c., with centrifugal 96 degrees test
not over O^gc; fair refining has sold freely for July at 5'773^c.
refined has been quiet at lfs@'!/i^- for powdered, 754@7J8C.
for crushed and 7 5-16@7j8C. for gr^ulated.
There has been a steady tmt quiet market in all grades and
descriptions of tobacco. Kentucky has sold to the extent of
874 hhds., of which 125 hhds. .were for export on the Tobacco
Exchange 550 hhds. have been sold. Lugs are quoted 7i|^@8c.
and leaf at 8)^@llc. Seed leaf ruled steady though by no
means active. Sales for the week embrace 1,050 cases, including 500 cases crop 1881, Pennsylvania, 6@10c,; 250 oases crop
1882, Pennsylvania, 5@30c. 100 cases crop 1882, Wisconsin,
Havana seed, 80@85c,; 100 cases crop 1883, New England,
9@25c., and 100 cases crop 1883, Ohio, 9(»13i-^c.; also 500
bales Havana, 80@$1 25, and 200 bales Sumatra, *1 30@$1 60.
The trading in naval stores has bean limited, and not until
to-day were there signs of weakness; spirits turpentine is now
quoted at 34i4(a34}^c., and strained to good strained rosins
In [metals nothing of interest occurred,
|1 473^@$1 523^.
the feeling being almost uniformly easy. Refined petroleum
has ruled steady at 83^c. 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 renewed buying on the "long" side brought out a higher
range of values
the opening price was $1 OOJg, highest
f 1 00;^, lowest I 1 003^, and closing |1 OOXIn ocean freight-room berth rates have been irregular and
inclined to easiness. Charters, particularly petroleum tonnage, have been; well maintained. To-day grain to Liverpool
by steam was quoted lj^@lj^d.; flour 7s. 6d. per ton; bacon
lOs.@128. 6d.; cheese 15@308.; cotton 7-64@}^d.; grain to London by steam was taken at 3@834d.; do. to Avonmouth by
steam at 3d.; do. to Antwerp by steam 3d.; do. to Stettin by
steam 2s, 6d. per qr. do. to Hamburg by steam 50 pfennigs;
do. to Marseilles by steam 3s. per qr.; crude petroleum -to
Pasages Ss. 103^d,

—

Friday, P. M., March

The Movement of the Crop,

for the
The weather the past
season of planting and sowing in the West, c.iusing declines
giving
food
staples,
and
some
impulse
general
of
to
in prices
trade; but business is quite backward for the Spring months,
and nowhere are any very sanguine anticipations entertained
regarding the outcome of the near future. Yet there is no
apprehension felt that any serious complications will arise,
and confidence is expressed that values are uniformly on a
sound basis, promising that any change will be for the better.
The financial situation is calm, and the political atmosphere
gives little indication of the approach of a canvas for the

—

COTTON.

Jinxes.

COMMERCIAL EPITOME.

XXXVIIL

fVoL.

Norfolk

WestFolnt,Ac

New York

3010

Boston
Baltimore

219

PlUladelp'a,Ac.

1,484

1882-83.

Stock.

1

Since Sep.
1, 1883.

Thi$
Week.

571,433
8,312
1,443,578
242,li4
40,146
635,452
7,684
408,802
13,237
89,132
12.309
558,257
214,160
94,669
144,389
19,932
21,883

19,616 726,058
13i
15,789
29,997 1,158,922
2,640 297,313
95
14,685
14,727
748,035
5,508
8,506 533,595
216
21,749
1,666 121,846
154
17,250
11,743
707,136
3,411
205,999
3,417
120,187
4,614
142,149
578
37,900
3,521
68,362

Since Sep.
1, 1882.

^-^
-

25,191 63,065
7
270,3)8 317,480
28,321 34,652
2,129
30,748 73,788

29,449 50,287
8

400

5,743

12,778

19,407

63,946

344,923 226,557
7,510
12,270
12,825

5,885

26,188
8,580

788 88H 881,904

42,6:^5 4.528,559 105,062 5,212,783!

Total

1883.

^*'***

In order that comparison may be made with other years, W8
give below the totals at leading ports for six seasons.
1881

Receipttat—

New

1883.

Orleans.

MobUe
Savannah
Dharl'st'n.Ac
Vllm'gt'n, Ac
Norfolk, Ac..
Ul others....

1830.

1881.

1882.

1879.

4,690
27,057
2,341
3,500
3,996

5,632
13,148
4,154
5,931
5,905
1,931
13.887
11,332

13,113
38,024
3,784
7,033
5,424
l,C.0l

788

1,821

10,191
6,604

19,754
29,997
2,640
14,727
8,722
1,840
15,151
12,228

8,723
16,083

6,240
4,807

11.353

42,635

105.062

61,916

93,690

53,419

60,698

4,141
10,432
1,792
4,464
4,373

Glalvest'n,Ao.

548

5,631

16,667
2,803
8,194

2,388

11,336

;

;

rot. this w'k.

1. 4528.559 5242,783 4236.605 5012,112i4447.669 4119,220
Oalvestou includes Indlauola; Charleston includes Port Royal, Ac;
WUmiujctonlnoludes Morehead City, Ac; Norfolk includes City Point, Jto.
The exports for the week ending tliis evening reach a total
of 75,836 bales, of which 41,833 were to Great Britain, 9,1W
to France and 34,340 to the rest of tlie Continent, while the
stocks as made up this evening are now 788,889 bales. Below
are the exports for the week and since September 1, 1883,

Since Sept.

I

Wuk

Bndino March

From

!

Sept.

1.

18S3. to Mch. 21. 1664.

Exported to—

Exported to—
Bxportt
Oreat
BriVn.

from—
Jalveflton

—

New

OrleanB.
Uoblle

Continent.

6,535
11.820

8,8S4

Total

Week.

880

7,415

),«70

23,954

norlda

Oreat
Britain. *yiin(«

245.42J 34,203
611,9?7 294,1)53
19,092

OoilHnent.
79,925 359,558
238,224 1,195,161

200

49,IHli

8.704

i,-M

152,039
103,181

181,314

349319

22,996

120,437

JSl.dW

3,826

46,748

271,610

23,182

20.6S3
79,19S

100

H0.491

1,898

44.912

13i»,073

3.300

71,513

:

;

SaTannata
Charlestoc*..
WUmlDiitOD..
Norfolkt
. .

New York
BoBton ...
Biltfmore.

S.031

11,517

l,5«8

1,:«2

610

6,9 Id
.

...

Palladelp'a,Ac
I'Otal

11,270

2,780

1,904

i.9T!\

3,881

6.231

6.231

41,822

8.038
1,503

1,50S

9.184

24,S10

42.913
253,922
293,102
80,361
92,263
63,213

15,436

75.326 2,031,507 897,663

400,489

792.637 s!i3i7S»

3j95jn
Total I8S2.S3I 48.231' 11.730 14,832 491.865 2.198.3Sl'S41.8«9 1.051.>4»
* Includes exports from Port Hoyal, Ac
t Includes exports from West Point, Ac.

THK OHRONK^LR

Mamoii n, 1884.]
n to Abovi'

\

.

I

"

.1

1

3(U

our toleKrama V

,,

rciitnn on iihi|il>i<nr<l
imi
I, anil,
,
I'll.
Wi' mill Hiiiiiliir ttmiri't for
York,
'ii'l ft>r our ii|R<c.ittl UHO by Mutuirs. Claroy, YuU>
;iinotiiils

III

.

Now

1"

,..

I

Iff!

Ml \\\\

Uiintwrt, mi Hroad Strppt.

4

On tMptcmrt, n»t t l imr§d—/ar
21. kT~

viicii

#hMM.

Othtr

20.10.%

19.00(1

e.ooo
.300

Nona.
None.

3,400

Niinw.

.351)

7.000
l.OOO
6.700
4.900
None.
Nonr.

BrUidn.

ewOrlekoa
I'lbllr

inkrioton

1

.

»T»nnah
•iTOAton

•w York

1.800

th»r porta

2,.'.00

None.
None.
None.
None.

37,121

15,066

1

N<>m\

orfolk

OOOBI-

Block

WlM.

total.

1,613

225 SNA

800

3,983
None.
None.

44,773
10,600
S.CSO
9.400
2.076
3,983
2.10O
3,3C0

si.eoo

11,693

8S,7E2

703 107

il.OOO

e&o
I.IOO
1,347

(100

n
w

,721
toi t'o
i>i

318

22! ,61ft
>&, 424

342

ft'.'3

37, ,192

""
M
Jin "-"S

66

S
"i

I

Tot»l 1B81

1883

I

6A.118

'fl 188a

I

B?l,330

<tal

16.911 |7C.7St)
I'i.flSS
2J.197
I

13.865
4,867

17.%.093

700.221

128,388

761310

O ^MO-i
1

ooSo

S2

•

•

'

'

P

!-•

.M

'

Tin

2

uio

t

I

^M

*J

o
&: u o
.

.

.

S^

S"

^

ot.

I

aOft

6e:
??§'^

ftft

*i^«ifc

1

atii iliiy of

lank ! 5

i

The following are the

ve.

I

811 iV S^
9>s
O'la
n'l., 10

SIX,,
9>4

.

TBXAH.

nonlToea

i0%
0;:!,

9%

RIB,,

I

».,

11%
12%

Ir

11 'i„ 11^
.Il2a,g .12°g

[Id

.ii.'-ia 121,,,

1

air.

I

Wed

121
1« 12>8
I12IS l»ll^''i« 12''g

Fii.

I

I

v

Wedi

FrI.

Tta.

Si3,g'
;

914
101,6
10', g

1

1

f»ll6

2^
09. B

8^,6

10%

'

I

GM

«od Ordinary

10

».

Mot Good Ordinary
ow Middling

8a8

85,g

9

^.
^v«
O'g
104

total sales

and future

I

each

:<ui

'.

Finn

12

200

90 270
451 l.OCO

200,

2741

1V5

180

.Q'tAHt'y, Ijgdec

total

537

tit.

50
606

4161

....

148,

433

1,559 2.3i9.

h^ comi>rehensive

OF

Total.

372

BaUt.

F'lTTURE.s are

I

aiu:

ft

I

0'-:

V01 So,
(Ott

ft

'7'7
ftft

5

6.-1:

_

etu:

I

I

?

I

Qiu:

T*:*

I

I

s\«:

^%^
?

ftft

C9

'7'7
010,

5

e*o

coco

a

CO

'

3
I

«:

I

li

•

I

I

I

I

li

7-r
&>co

I
'

•«:

I

«>>:

>rSi7
ftOft

ISd,

ot

<

n

-»7

?

KciCcO
tiOO

00

5

00

OCX

2

ocob

.

coo

a

I

I

Cod

Ci

5

2

i

:

9?
ccx

<

2

-j^

»

«

I

I

eco.

-o
00

~i

-JM

2

:

CJ

I

2
"^

«

:

COoC
-)

I

M
•o

2
*«

l«

:

!

1

I:

'

-r-T

-i

»ico

00

"*

-1^2
a^-:

wM
OO3O
I

I

09
9
O-j
00
o c
a

Oft

>

S
ft

2*?
Ooo

9

0-4

:

o«

5

1

eo
v,co

2

c9 9|P =

00

5'

2

ce-.^oob

O3D

o

00
00^

— MOO'OOoO OSoO

o.

».":

7f|wwCu t'*CO

"*

occdO;^

7

-r-

1

-I

^-H*

-i«lo-j

9i
-I

0

'

So
Oci
o»

I
l«:

i(»:
I

I

«:

MS

»=:
-—Q—

«:

I

I

Tfl.'lMil.

:.

^

<

aftOft

I

I

I;

I

I:

1

!»

I

«:

i«

I

September. 1833, for Septeoiber, 76,200: SeptemOctober, 338,600; Beptember-NoYomber, for November,
'inber-December, for Oeoember, 869,500: BeptemberJ.tnuary, 2,817,900: Saptembei^February. for Fobniary,
"lea In
r

'

,

.

1,780,*jOO.

Transferable Orderg—Saturday. ll-OOo.; Monday, Il-lOc: Tneadaj.
ll-lOo.: Wednesday. lllOc: Thursday, lllbo.: Friday, 11 l,^c.
snort Notices for March—Saturday, lO-SOo.; Monday, 10-96*10-98e.;
Frldoy, H14c.

69.100
61,700

76,I00[
981,122,100;

4,455'600.600

shown by the

2

cSti

•»:

tri€i

1.651 139,200!
524|132.40O;

Oil
416

2

I

Dclir

the

200
200
300
300
300
300
1,600

day

The following exchanges have been made daring the week:
•19 iMl. to <>x<'li. t>00 April for May.
•13 pd. to excli. 200 May for June.
•19 pd. to exoh. 200 April for Maj-.
'36 pd. to exch. 200 Mar. for Juno.
•20 pd. to exch. 500 April for May.
1 3 pd. to exoh. 1 ,400 June for July
•19 pd. to exoh. 1,000 Apr. for May.
'34 pd. to exrh. 100 Apr. tor June.
100 March for April, even.
'13 pd. to exch. 400 June for July.
'26 pd. to exch. 100 April tor Sept.
pd. to exch. 100 Mar. for Sept.
•

follow-

table.
In the statement will U> fouad the
market, the prices of sales for each month each day, and
he closing bids, in addition to the daily and total sales.

laily

'

QOX)

CdU

30! I.

dally dollTertes siren above are aotually delivered
frevlom to that on which they are reported.

PRICF.S

•>

Sr-:

9,

Frl,

TRANSIT.

The

TUE Saum and

I

o ooSo ^1
o ob.-i.Oob 00

Jauuu...
ui'l'Mi

.jFlrni

8u:adyati,gadT
ed. Finn
UTS Unlet and steady

0,-

cocoOcc

CO-.

00
tJ

diy

Spte-\ TraH-\

tump.

5

I

I*r

ALBS OF SPOT AKD
port.

Oft •'
».-:

M— >
99 ? 99
obex
HO

during the
fek are indicatwl in the following statement. For the confenience of tlio reader we also add a column which shows at a
lance how the market closed on same days.

OLOSED.

'7':'

I

2

coco

0000

SALES.

deliveries

SPOT MAKKST

o

0000

I

MARKET AND
The

ptOyt

CO
h-

8',9
87,g
87,g
8'ii
9i«
9»8
03,6
0>fl
915,, 9i6,g 9i'i6 10
109,6 H09,g lu'ia 10»9

,

*.cc

(O

*.*-:

OCoO

9>9
9"16
103g

I

913,6
Il0',i°

BddUng

1**

S s >i:

Fri.

9'l8
9I2
105,6

'»

9^1
105,6

w

«.»:

I

7-r

I

e
•*

(SO

123,6

noulTaea Wed Tb

Sat.

V

I

^m:

OC

|l0lt,6 ioit,„io%
lOli,, ioii;,6 11
1015,6 11
Ills
113,6,1118
11% :113,6
|11B|6
iioie 1139
115,6 illSg
U9,J 11<>8 |11»,6 11»,6 1158
llli,6 ll'g
llli,g 11^16 ll'e
123,6 12'4
123,6 123,6 ;i2'4
il2iiin' 12li,g!l3
1215,t 13

im

STAINED.

2

I

IOU16 10%

lOi^ |io;i,e
MldcT'c lO",,. 1011,1 10\ !iou,8
tr.L'willii lO'g
10''a
10 5,6
tlddUn)? .. ni.,- 111,6
n»i,
«od .M!
116,9
119,,
tr.
1»16 \\H
Uddgi
12
123,6
*lr
,;;.,,
12% Il2!5,

ow

1038

10»,9

101,6

ft

»>»:

a

112111

TSi.

XOD

I

o« J,
wo_-

ccnOc

Sii»

I

triotOrd.. SVt
ood Ord.. 101,6
tr.O'dOrri lO'ii

2

t*i>:

I

Wed

a

•.-:

'

•7'rS'7

iinii.

|123,,

I

TfUn-y.**! 8i3,t

»."

I

.ST"
IOI4
lC5,g
10»8
10! I,
IOT9 |1015,„
ll'l« !ii>e
1154
119,,

10»,8
10I«19
11
113,6
ll',6

lH'ie 11%

Jl2li|,ll2i3|, 12^8

Til.

'

lOS,.

UH

I'

9

9%

2

Toe*

Sat. Iflioa.

9I1,
»7,
10l„ 103,6 10>4 Il0»i«
10' le ICia lOUg lOilie
10il„flOi^o lOTg 1015,8
loll
ll'u :il>8
|H5,8
Jl'ia
11 >a

;

00.1 Orf!

I

ttoo:

quotations for

NEW ORLKAN8.
Sat.

OP

^

I

'-'-Vsi-'

uu

UPLANDS.
nou Tnea

to

I

i-oi.
_M_C

»*»

the past week.

tfarcA 21.

Tdln'/.ySi
trlotOrd..

otticial

CM J

MM

> =K

2

IS.-:

I

*-l-Oi^

CC00,3-»
I

ft

sales for forw.ard delivery for the week are 000,600
immediate ilelivery the total sales foot up this week
including '>'i~ for export, l.-'ioO for consumntion,
'i-ulation and
in transit.
Of the above, —TJales

w^:

I

I

ut

»«

4

(K.w:

-^ >

00 00,-"'

?l,

i

2

-11
;:=

::=

ft

00
I

•»:

I

oboe

b6©6

cwOlo I5K.OKI

'.0

«®;

I

66

a
**

ae-t

I

®
01

ZZ >

:^^

wu

—

(

I

— CJl-*

ft

woo:

I

6

dvance to lie lost. The close was at an advance for the
reek of 14@17 ix)ints for this crop and 16@17 jxiiuts for the
e.\t.
Cotton on the sjiot has l)een ipiiet, but not being freely
ffered prices ai-e dearer.
There wiis an advance of t-16c. on
[onday anil agaui on Tuesday. To-day there was a further
idvjuice of l-l(k-., middling uplands closing quiet at 11 'j.
'I

4

I

lie (xittou for e.xiKirt.
Thi.n (j^reatly Btinmlated .siK'<'ulation ;ind
aused an active UiyiiiK at the South for prompt shipment to
his
market. - Tuesday oj^neil buoyant, but LiverjKxil did
ot respoml to the advict^s from thi.s side: conseiiuently tliertallowed a heavy selling movement to realize profit.s! under
chich the early advance wa.s not t)nly lost, but the close was at
ome decline from the lat(».st prices of Tuesdav. There was
>nie recovery in the course of Wednesday and Thursday, the
niKirts from Liverpool and Manchester having improved, and
lie receipts at the ports proving quite small.
To-day there
.;s a buoyant opening but active selling under appreliensi<m
r
free deliveries on Ajiril contracts, which caused the early

'

00

o*
tx*.

an iin|iorlaiil iniprovcnu-nt in prices.
iii...
advance of a few |H)ints. ami on Monday
henj was a very active Imying. niainlv for April, and .said to
«< by Hoveral Oeniian hon*'.-*. who would ex])et-t the delivery of
lulcd l)y
IiowihI an

.

totoOco

"9 ^

Tliore luui Ixh^u a grvat iucretuie in the activity of the sptvuI'
Hon tcit futuro ilelivery at thi.s niarki>t tlie past
«

2

Br"

I

^

oxch. 300 April for An(t.
exch. 700 May for June.
exch. 200 April tor May.
exoh 100 April for July.
exch. 500 April for May.
exrh. 100 June for Au^.
100 .Mikroli for April, even.
'34 pd to exch. 500 Har. for June.
'23 pd. to exch. 1,500 Juno for Aus.
'01 pd. to exch. 200 Mar. for AprtL
37 pd. to exch. 400 May for Aug.
'34 pd. to exch. SOO Mar. for June.
'57 pd. to
•14 I'd. to
i:) i>d. to
•40 |m1. to
'19 pd. to
'23 tKl. to

.

—

:

.

18H4.
Stooft at laverpool

Btook at London

58,000

Total Greivt Britain gtook .1,093.500

Btoet at HamimrK
Btock at Bremen
8:ookat Araaterdam
BtooK at Rotterdam

4,000
70,600
53,000
1.200
1,900
206.000
5,000
61.000
12,000
5,000

Antwerp
SwcS at Havre

etoolr at

at MarselUes
at Barcelona
at Genoa
at Trieste

1881
849,000
47,100

999.300
3.200
40.200
27,000
2,000

837,000
2.300
33,200
20,600

896,100

587

1,120

900

1,4C0

125.000
4,303
55,000
8,700
4,700

125.000
2,320

810
136,000

271,000

415,700

Total continental Btoeks...

1882.

778,000
61,000

lSf3.
931,000
68,300

hole*. 1,035, ?iOO

b.OM

TFrcA:

40.10'J

7,000
2,388

3.0<10

New

i8a(Kr.

263,330

Orleans.

Mobile

10 >«

Savanuah

lOliu
10?i

7.58.000

American afloat for Europe....
Onited States stock
United States interior stocks..
United State') exports to-day..

668.000
187,000
5S7.000
8:14.901

251.899
7,700

537,000
134.000
H79.000
8^9.72^
227.388
6.700

gaii Jndiun,BrcaU,

277.500
58.000
92,700
215.000
32.000

Continental stocks
India aSoat for Europe
Egypt, BrazU, <&o., afloat
Total East India,
Total AmeriOAn.

263.000
68,300
84,1

OO

249.000
42,000

lOiS.OiW

580,00"
831.017
277,99;i
23.0 jO

196.1-

—

—

J '.^

.-<

-^

CO

»-•

i

l-iSs

101>8

11

11>4

lO'sSll

•«

1058«%

1(1%

10 \i
101116

10%
10%

l<'»8

105s

lOlg

1033313

il'* atlnterior T<ivn:<..\l!K'i>tt from

lUcHr'U at tie Pert:
HH?.

I

18

8

8.

18r2.

1.

103.

-

mn.

I

iS'H

1688

j

I

'

'

;.ir9

?

l'0.t'..„

..,

....

.1.

.„

Q8,iiM|l3«,10oilCr.

74.021

.

i>-i

8d.7?B 105.88-

111130

81.515

72,(3;

23.

eo.iiio 1!1144S

6"....

51.9S0 135.^3;

7S.lS7J3i3 07i

..;,..

51.394

Ji 49.30a

58,74

7..

49 8 3-J-1.-1.8

I03,0r;al 42,l)8.>2"-3.'i.-

(.1.1

,

-Ti :oi ;S3

28.813

-,«

W.OSO

i.:ll

The above statement shows — 1. T a;ii;

i'

f total

1-7

•

the plantations sinoo SoDtembor 1, 1833, were 'i.
>.
18S3-S3 were 5,503,341 bales; in 183t-S3 were 4
;k
3.
That, although the receipts at t!ie outijorts
were 43,635 bales, the actual movement from p:
only 19,030 bales, the balance being iahaa fror.
the interior towns. Last year the receipts from t
for the same week were 87,835 bales and for 133^ they were

m

'

—

i"!

31,141 bales.

I

CI

—

AMOt:NT of Cotton in Siojit March 21. In th«>
give the receipts from plantations in another n

i-

)le

we
r^
fi\--0

^O^

»-1

-)

H

Ji_

r-t

•H

CI

OS -^ c^ X) I- I- r^

o t^ r^ h- no

.?j

OS "O

r

-

re

-ji

O
O«
* 5i M
o
X*o n
00 3D.-(MC1-:J« Ji

-^

CS

.

^
them the not overland movement to Ma''
takings by Southern spinnere to the fim?
substantially the amount of cotton now in s'^..,.

to

5*

«.«82

:)

!

,

57.154 111,181

.

74.118

P1.908

ir

15..

S9..

S1.SS4

.

.

ll'.l,lS2i

^•."fO

05.(l£7ll71,Slil'l;j,

1..

14
21

IfM.

1

'

lH,b

11
18..

Mch

Pl/mfw

18:3.

1

I

I

'

•-

Ills
l0''eail

n'ECEII'TS riiOH ri,ANTATIOS8.

07.:f.<0

1^

l>

105b
10=8
lOSi,

1114
1058
1058
1058

10%

Southern consumption; they are simply a statemeut of the
weekly movement from the jilantations ot' that part of the crop
which finally reaches the market through the outports.

47.100

S.OSO.oSl 3.292, S02 2,908.112 3,086 439
63,8 '.
5^8
6Ili«d
5'6,fll,
The imports into Continental ports this week hare been
49,000 bales.
The above figures indicate a decrease in the cotton in sight
to-night of 212,321 bales as compared with the same date of
1883, an increase of 173,4<5!) bales as compared with the corresponding d.ato of 1883 and a deereaae of 5,858 bales as
compared with 1881.
NoiE.— Ill tlie visible supply table last week India alloat was stated
in.'iccuratcly ; it kIiduIiI liavo boon 22>,or'0 lial.-.-! insleal of 265,000
liaU's, iiinltiiig a dPiTc-ase of 116,072 bales as compared witli l-^St, an
Increase of 230,129 bales as compared witii 1882, and an iuurea.se if
100,797 bales as compared with 1>-.81.
At the Interior Towns the movement that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-ni.ght. and the same items for the corresponding
period of 1832-83 is set out in detail in the following stataaient:

r^

1012
10^8 atj!

10" 16

ICs^ll

IIM

u

109,«

therefore, a safer conclusion tlirough a comparative statoment
In reply to frequent inquiries we will add
like the following.
that these figures, of course, do not include overland receijit^ or

183.000
32001)

o O ^ t- 1- 1^ t^
?i w
C^ OS

lO'effill

Ills
IOI3
IOI3
IOI2
101«

10%
10%

11

11
loia
10=8
11J«

11%

Ills

1034a '8

11
1038
lOMi
inv.

10»8

10"8

1058

10%
105b
I'-'s
Receipts from the Plantations. The following table is
prepared for the purpose of indicating the actual movement eadb
week from the plantations. Eeceij)t3 at the outports are sometimes misleading, as they are raacle up more largely ou« year
than another at the expense of the interior stocks. We reach,

M4fn«—

.

11
lO^dS's

..

675,90.')

Total vlslWe supply
Prliw MW. "Ol. T.lvorpnnl

o
^?j

.

734.295
523.430
706.300
„.... 2,405,331 2,580,502 2,173, S17 2,561,00

&0

10%

1011,4

—

6.-i3.00t>

239.000
61,000
104.393
270.000
64.000

10%

10!>8
10 Sg

109i,,

Ijouisville

de.-

Uverpool atoclc
I^ndon stock

10%

100,8
lOlj

li!3e

S^emphis.. ..
Louis
Cincinnati . .

2,105,381 2,588.502 2,173,817 2.561.0J9

XotalAmarlcan

10%

10>3

Aut^usta

American—
327.000
K66.000
78^.889
147.992
17.500

1058

Wilniiudtoa..

at.

TotalvlslWeTOpply....... .3.030,581 3,292,803 2.933,112 3,083.439
Of the aliove.the totals of Amerioaa and oiUur deaorlpnuns are as loUo ^ i
Continental stocks

105,

u
10I3

FH.

Thiirs.

Titet.

10*10

Ni.ifolk
lioston
Pliiladelpliia.

Wednet.

jlfore.

100,,
lOiii,
lOis
lOia

10%
10%

Baltimore
1,513,200 1,270,300 1.07.5.395 1,159.130
Total European stocks
276.000
183.000
In Ua cotton aUoat lor Europe 215.000 249.000
Amer'n cottoa uQoat for Eur'pe 3H6.000 587.000 379.000 580.000
32.0011
54.000
42.000
32.000
Egypt,Brazil,&o..aflt for E'r'pe
8S1,017
88 1,904 889.728
Btook In United States ports .. 7HS,SS9
277,9;'2
227,389
147,993
251,898
interior
towns.
Bfook In U. 8.
•23.00LI
6,700
17,500
7,700
Volted States exports to-day..

Uverpool stock

IOI3
lOia

Oliarle.«ton...

3.700

238,295

21.

Galveston

5.O0O
25.101)

CLOSINQ QOOTATIOSS POU MIDDLtNO CDTTOS ON—

ending

March

42 500

43,.500

rvoL. XXXVIII.

The above totals show that the old interior stocks have decreased during the week 33,317 b.ales and are to-night 103.905
bales less than at the s.ame period last year. Tin; riiceipta at
the same towns have been 15,0BS bales less than the same week
last year,- and since September 1 tlie receipts at all tlie towns
are 588,5u3 bales lass than for the same time in 1S83-83.
Quotations for Middli.vg Cotton at Other Markets.—
In the table below wo give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
day of the past week.

as made up by cable
telegraph, is as follows. The Continental stocks, as well as
those for Great Britain .T,nd the afloat, are this week's returns,
and cons«Kiuently .all the European figures are brought down
to Thui-sday evening. But to make the totals the complete
figures for to-night (March 31), we add the item of exports from
the United States, including in it the exports of Friday only.

The Visible Supply of Cotton to-ni^ht,

and

te

'

THE CHRONICLE.

iJ62

Stock
Btook
Stock
Stock

.

1883-34.

-.3

189'^83

below

and aid
the

:;lso

'

•

to give

1880-S1.

ISSl-SS.

t-<

•CO ?3 CJ -^ 3i_» t* »- O

Z*j->>

-^

I-"

Rf'caipts at tllo ports to Meli.2 1 1,528, .ISO 5,212,73j 1,2S,^,'.:05 5,012,112
interior stoclis on Mnrcli21 iu
271,675
2C'j,I93
111,653 263,461
excess of September 1

Tot. receipts from plantat'ns 4,«?40,21*
4fi .<.:70
Net orerlaud to il irch I
190,orO
Southern coueuuipt'n to Moh. 1

rH J: CO Tl
O IN
*o
-^ O P r^ "5

'DCi O^^5_0D

I

^8

Total Iu
rH

7-1

3 — >0 X. O

l>

I

CI

is

ei

W

.i.i

aOovo

^__

ta;il

111.-

'

d

.lit
•

1

I

dj'c-v

—

541,552 bales.

;

li-i).n

).„,.

:is

iSJO-Sl

1,.,^

(.^n-

tinued to act as a bar- to farming Operr.tio
of the South during the week. In Texas, h< \
iiug
liave had good rains tliis wet'k), pltoting is
_ go.(id
progress, and in .a few districts there is some col Ion np. The
river ha.s ^ain risen at Memphis, but is ex; v»cted to quickly
decUue. In the vicinity of Vicksburg and CTreonAille plantations are overflowed.
have had hard, but splendid, rains
tJatreston, Texas.
throughout the State on two days, which have been very heneficial.
The rainfall here reached thi-ee in< 'ij.^ and tn-entytour hundredths. The thermometer has a^•l3laged 00, ranging

•^^ -f_-i<

r4^0D^

•

135,000

5,291. -'S-' 6,i

Weather Reports by TELEORAPH.-'Wct

O lO X> CO X O <N O b-X o-Hcoocsoic^ors
f«f)-'COt'*OJ3'HOit--H"NTO'*OCOJLrO
75 q -i Oi-i
cc X lo o -^ r^tH i^ r^^i
C^'r-T

i21.

415,047

2i'sO».

«ritt! last year. Is 91
H^ .'
eo;>i"ar<'d wiiU 1331-3213 33^,129 bitles, audtli

ci

cT'.ji'rt

It will
to-niRlit,

"

5,i? 1*2,787

o,.!"!! 244
5-'0.5.j(.

CDP5

_

C) il «< C5 cs

cp

X

:'.

00

'ft

•; r-t

t^

M

—We

l^irtC-ift»Or-OI^C»TJ(,f5IO,(5iOOO»005«
S-Ai

F-lr-linCJTfOit'OrH^OOSOJXNOCSaDt^W

W !N r. ^
tf>

rH .#

from 51 to
i

Id

:

:

09.

—

ludianola. Texas. It has rained very finely on four days
" "
,.
-hcd one
of the week, but ^lardly enough. The r,
up and
inch and fifty-three hundredths. C<im i
...., is iuaking
tliriving there is also some cotton up, and :-.
good progress. Average thermometer 68, liigbest 70 and low-

a

•

'

i

o

.53

;

g

li o a a

a'S^

«g« 3::

=
* Tliis year's figures estimated.

t.

^c

e

ft

K

c.

J.,

a?

C

t ^r

.-

"3
f

"rt

es«'51.

—

JMlestine, Texas. ^Wo have h.ad very welcome r.ain on two
days of the week, tho laiilXall roaQhing two inches afld

.

THE CHRONICLE
^wt-iity-two hiitiilrciltlM. Corn
<••'•"••— ..IP.,.......,

ami cotton

|>lnntiiiK

Ti...

.....,r

mnkc

3«.i

Th.
Hhowiii„

ffiMMl

'.'iiKinictcr lina

:«'

I

23,1888.

:i.
iliri>i>

>

wf<'k,

llit>

lalnriill

till'

tliivi-

ii'i><.'liiiii{

Tin- HiiTiniinii'ti'r luis

liiiiiili-i>'ltlii.

/';.

— We

lu'.'ivv

Immii

llitti

"'•.

'•'•

ilayH u(

MM.

luid forty-nine

!iv(>i'uk<'<I <12.

liii'l

WO'k

'lie

ill. Iii«i

riiin

on Moiilny,

from .Jt til 71.
ly on thrco day.s

,

ihivi.'

Tlio

'

'

VIokaburK

'«.

Ituh.

O

»

I

Abovn low-w»i»irin«rk.
AtMive luw-wutor iu»rk.

81
41

11
11

Above low-water mark.
Above low-water mark.

34
a

2i
48

O
8
3
10

2i
4i

1

1

lull till' liittiT )KirtloM liiiH

riiinfiill

rciu'Iicil

i<<

'

I

witU,

till-

Till'

in(.

lllll•l^

B«low hl<(b-wat«r mArk

tneh.

New Orleans reported below high-water mark of 1871 until
two InclicM mid Sept. 9, 1M74, when the zero of gauge was changed to highhuii'lii'iltlis.
Til.
wnson
very liack- water mark of April 15 and 16, 1874. which is O-IOths of a foot
aliove IH7I, or 10 fi^et above low- water mark at that point.
rivi-r is now fi.n
t, tlircc indii'-i! iilmvi'
l('vi<-.i.. .'M.ikinK' bi'low liiTi'.
TinIKPIA Cotton Movf.mknt miom aix Po«t».
We have
irom 41 to 72.
re-arranged our India service so as to uiako our rejHirts more
— TflcKram not ri'ceivoj.
detailed and at the s.-inio time more accurate.
We had found
of

lit

Hiird.

nn

tturrvi'i'iin

I

.

v

.s

ItoadHiircin

30, '84 Hek. 33.

flMl.

n

r

!»

Till' i;iiiifiill

cli'iir.

!'-l!!i«.

1

we have alwi nx-'civwl by t<>l»grnph,
rivers at tliui>uint« uamoJ at 3 o'vlock

ini>nt

—

'I

•

'.

— It

rainoil on oik- day of tlic
inch and twcnty-thrco liunI'l.tiUn.-. ill uvortlowed diBtrictx arc dLscoura);i'd by
't of continiu'd liiv;h water.
AvcniKc tlicriiioiiictor
li», lii;ii.^.l 7!» and lowest 40.
ICotumbu.i, Ati.isixsippi. Wc have had rain on two days of
he week, Imt at tlie close Uiere is a favorahle change in the
veather. The rainfall readied one inch and eighty-seven
lundredths.
LtU/i Rock, Arkansax. The weatlier has bet»n much more
fettled and s|iriiij;-like during the week.
It has l>e<'ii clondy,
t
li^lit showers, on three days, the niinfall reaching tliirtyive liiiiulrcilllis of an inch. The thermometer has ranfjed from
fv
li.

h:«8

impossible to keep out of our figures, as cabled to us for the
ports other than Bombay, cargoes wliich proved only to lie
sliipmentH from one India port to another. The jilan now
followed relieves us from tlie danger of this inaccuracy and
keeps the totals correct.
first give the Boniliay stateinen
for the week and year, bringing the tigtires down to March 20
it

on*"

.iiiR

Wo

—

nOMIUY HKCKIPTS AMP
iShipmenU thu week.

—

I

OonH- _

7ear Oreat

,

Oreat
Britain

,

Total.

Bril'i*.

Sliri'MKVTH

FOU FODIl rEARS.

Shipment* nnce Jan.

|

Oontintnt.

JUeeipl*.

1.

TKit
Week.

Total.

/ait.l.

1

W

to

•).).

avi'iav;injr

.12.

I

7'.l.

—

Fort Sinllh, Arkansas. ^Telegram not received.
Helena, Arkansas.— \t has rained on two days of the week,
Pnd the remainder of the week has been pleasant. The rainitll reached thirty-one hnndreiltlis of an inch.
The thermomi.r li:w averaged
the highest Iwing (M, and the lowtst 40.
I

I

Shipmentt/or the week.

—
— We

,

j

ro

lii;4lii'>I

and lowest

Oreat

—We

JSa.ihDille.

—

i

6.000
1,500

1884
1883
1881
1883
others—
1894
1383

Continent.

Britaiti.

Total.

13.000

9.000

1,500

45,000
4H,5uO

21,000
u.uoo

8.503
4,»U0

1,000

i',500

2,000

12.000
6,000

21.C00
12.0U0

S0.50O
67.000

60.000
C5,i00

l.OOO

1,000

8.500

.

2,000

12.000
4,100

2,000

Total all-

1881

n.ooo

n.ooo
1,500

1IJ83

18.000

6.-,500

1,600

5>,000

The above totals for the week show that the movement from
the ports other than Bombay is 16,500 Kiles more than same
week last year. For the whole of India, therefore, the total
shipments since January 1, 1884, and for the corresponding
periods of the two previous years, are as follows:
FROM ALL

F.XrORTS TO EUROrK

Shipmenlt
Europe

to all

from—

Bombay
All other porta.

Total

I.NDIA.

1883.

1881.

This
week.

Since
Jan. 1.

34.000
18,000

62.000

ThU

1882.

SiTiee

Thit
week.

Sintt

week.

Jan.

310.000
89,500

25.0001

lO.OOOj

1,500|

3S 1.000
b7,000

1,000|

43 4,000
112,300

429.^00

26.500l

448,000

4l,000l

546.300

1.

Jan.

1.

This last statement affords a very interesting comparison of
the total movement for the three j'ears at all India ports.

—

Shipme.vts. Through arrangewith Messrs. Davies, Benachi & Co., of
Liverpool ami Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Kgypt. The following
ore the receipts and shipments for fiie pa.st week and for the
corresponding week of tlie previous two years.

Alexandbia Receipts and

ments we

h.avc ni.ade

ilicramfria, Kgypt,
iUtrch 19.

I

1883-94.

1882-83.

1881-83

Beoelpta can tan*)—
(

This week
BiDce 8ept.

—

1

15.000
2,5SH.oao
.Sines
rAi«
week, \8ept. 1.
I

it

1

Total.

1.

All

—

We have had rain on two days, and
&axiannah, deorgia
khe reniiiiiider of the week haa Ixt-n pleasant. The rainfall
[n-aclied forty-seven liundredths of an inch.
Average therinometer 6", hi^rhcst 76 and lowest 42.
Aur}usta,Ueitrgia
We had rain on three davs dmoi- 'l>e
'art of the week, and the hitter portion has U
.'nr.
The rainfall reached s<'venty-one hundr.
.ill.
In ciinsiHiuence of the bad weather, very little, if any.

Oreat

Hadraa-

—

—

3i;.->.0O0

Calcutta—

—We

—

(ii:.ooo
.^uo,ooc

2.10,000 45.0001

Shipment* tinee Januarj/

_

Contine»(.

SritcUn.

41.

Tennessee.
have had rain on five days of
the week, the rainfall reaching ninety-three hundredths of an
inch.
The ground Ls still t<x) wet. and little or no plowing
luw yet IxH'n done; but as the week closes tlie weather has
taken a favorable turn. The tliermometer hiis averaged 54.
till' lii,li. -t W'ing 0« and the lowest 36.
Molii''-. Alabama.
It rained constantly on two daj-s, and
.'I- -i. .\. ling on one day, during the early part of the week.
i.Mi ilii
liter jKirtion has been clear and plexsant.
The rainUl n ;u:lu'il four inches and sixty -seven hundredtli.s. Planting
Dreijarations are very Imckward. The thermometer has ranged
'rom 43 to V5. averaging ')9.
Montgomery. Alabama.
had rain on three days the
arly part of tlu' week, but the latter portion has been clear
plea.sant.
tind
The minfall reached two inches and two hundredths. The tributary rivers have overflowed. The therinoiiieter has averaged .W. ranging from 40 to 73.
Selmn. Alabama
It has rained on two days of the week,
tlie rainfall reaching two inches and forty-seven hundredths.
Average llicriiiometcr '>>. highest 69 and lowest 37.
Madison, Florida. Telegram not received.
Macon. 6eorgia.~lt has rained on three days of the week,
but as the week <'loses there is a favorable change in the
weather. The thermometer has ranged from 35 to 72. averaging .Vi.
Columbiut, Qenraia. It has rained severely on one day of
'le week, the rainfall reaching two inches.
The thermometer
lias averagefl 60. ninfnng from 42 to 72.
.

4n.-).000
,

According to the foregoing, Bombay appears to show a
decreojie compared with last year in the week's receipts of
23,000 Imles, and an increase in shipments of 9,000 bales, and
the shipments since January 1 show a decrease of 41,0(X) bales.
The hiovement at Calcutta, Madras and other India ports for
the last reported week and since the 1st of Janu.ary, for two
" Other ports" cover Ceylon, Tutiyears, has been as follows.
corin, Kurrachee and Coconada.

.'>:),

M.ni'ir.llo, Arkansas.— "Vt-h^TMn not received.
Nrivp'/rt, .irkari.ias. Telegram not received.
Memphis, Tennessee.
have had light showers on three
(lays of the week, but the weather is now clear and plea-sant.
The rainfall reached thirty-six hundredths of an inch. Plowing is making gi>id progress in the uplands. The river is
iigaiii rising and is now two feet below the danger line, but
kviUsoou be on the decline again. It will all run out in time for
lllii'
nialnng of the next crop. Average thermometer 53'5

340.000 .S:1.000
381.000 TG.ooo
43 4.000 70.000

tSSUl l.OOOi'J 1.000 25,000 130,000 2 1 1.000
ISBZi.tS.OOOl 3.000'40.0uO i-'S.OOOi 14(1.000
188lU2,00el 4,000 16.000' 8.3,000 147.000

—

i-ine Bluff, Arkaiisas.
It has rained on one day of the
w.i'k. ami the balaiuv of the week has been pleasant.
The
laiiifall reached fifteen hundredths of an inch.
The thor•">7,
iiii'iiieter has averaReil
ranging from 40 to 08. Last week
i\ rained on two days, and
the rainfall reachetl one inch qpd
liirlv Inindredths.
Tlie thermometer averaged 45, and ranged
Ir.iiu ;>0 to

188121.030 10,000 31,000 l^iS.OOO 182,000

10.000
2,100,000
Thit
Since
week. \Sept. 1.

25.COO
8,73t),000

Thit

I

Wmm

week.'S»pL

1.

ii

iiofrress has
n.iiniter

IxH'n

made

—We hnvc
(if t

'

-

I'-"!

r

o'l^

•

.>

f:.

<

vvo

days of the

.lur hundrcdtlis.
'.-aging 51.

—U

!

"M.

Columbia, South Carolim.—Ti'' g

M.I.

not received.

;..

->

2,5001158.338

Ibe.

ending
Europe

4.0)0 tales.
TF.n
t

am

I.

2,000''i23.000

lent shows t^jat the receipts for th? week
.re 15,000 cantAis and the shipment! to all
I

.

Uliayleotun, Houlh Carolina.
lui-s ijiiued on two days of
the week, the rainfall re idling sixty-four hundredths of aji
inch. The theimouieter lias averaged 58, ranging from 43

08

<

1.000 2 n.ooo'
3,000 74,0001

4 000l323.000|l 4.0OOl285,0OOn 4,50o:39'.,338

TMal Karope

.vo in

ran^jed

1,0001217.000
3,000| 106,000

Continent...

Ito

has averaged

mtjT Qpnrnin
i:

in pri'pnring land for planting.
The
5H, the highest being 75 and the

nortstbale*)—
1% Liverpool.. .

t

!

.

'V,

s

JIarket.— Our report recc'v
\
that the m;:rket Ls tirin.

and

Uav..>

previou- weeks' pi

'^lanchester
lO prices of

^mparison.

.

,

—

1

THE CHRONICLE.

364

1883.

1884.

OotVn

32« Cop.

d.

A.

d.

H.

s.

d

(1

Iwitl.
d.

a.

OoW

8>« <&«.
Shirtings.
8.

a 914 6
8% a 9%I6
8% a 958 6
S% a 9»8 6

Mid.

Upk

(i,

s

A.

iixvm.

day of the month in 1883 and 332,377 bales more than tliey were
to the same day of the month in 1882. We add to the table
the {jercentages of total jiort receipts which hacl been received
to March 21 in each of the years named.
The Exports of Cotton from New York tliis week show a
decrease, as compared with last week, the total reacliing 8,028
bales, against 10,015 bales last week.
Below we give our usual
table, showing the exports of cotton from New York, and their

a7 413 o^
558
a? 6
5II16
®7 6
®
a7 6
21a
•2i«
.513(3 9«l a 91a
II a? 41a 508
®
direction, for each of the last four weeks; also the total exports
" 22
7 a7 21a 513i,j 8=3 a 938 5 10 a7 3
558
" 29 8ifl -a
and dh-ections since September 1, 1883, and in the last commii
7 a7 21a S'e
81a a 914I5 10 a7 3
59i«
61387 2i£
838 a 914:0 10 97 3
Moh. 7 81a ®
the total for the same period of the previous year.
" U 8>a a
la
f*38 a 914' 5
7 97
9 a? 3
558
Exports op OorroN (bales) from Nkw Youk since Sbi'i. i. 1883.
5'°16 Si's a 9145 9 a7 3
559
21 89|na 9i9i5 7 a7
Week ending—
Same
A New Newspaper for the South.—Mr. R. Dundas Chater,
Tolai
period
Hxporled
to187
Pearl
Street,
has
just
issued
the
first
of
number of "The
Feb. itarch March March sincr lirevi'ut

Jan.18 8=8
" 25

®

32( Oop.

Mid.
Uplls

tVot.

Feb. 1
'
8 81a
" 15 iH

flisSlO a7
9 i5 10 a?
9
SiflS?
7 a7
7 a7

21a
2l3

5i5,e «»8

1

515ig

5 '8

1

.3

•2

•'

I

!

Naval Stores Market Reporter," devoted exclusively to Southern
Mr. Chater has for twelve years issued a weekly cu-interests.
cular on naval stores which has been an authority on that subject throughout the country, and now he has begun the publication of this 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

28.

20.

13.

6.
I

Llverpool
Other British ports.

3,373

6.2351 9,465

Sepl.

1.

year.

6.418 275,254 341,550
500 17,848
3,426

loTAL TO Great Britain 3,373 8,235 9,465 6,918 293,102
Havre

344,976

349

566

319

566
200

Other ports.

100
516

275
600
50

300

150 20,088 42,013
210 2l.2fil 25,577
250 32,350! 47,570

Total TO North. Eorope

616

925

550

SIO

500 28,182

23,005
100

I

Other French ports.

Total French

500 28,182,

23,105

I

world, including values, receipts, sales and stocks of spirits turpentine and rosin in all the American and European markets.
trust this new venture will be abundantly successful, and

We

have no doubt it will deserve it.
Jute Butts, Baqgino, &c.—The market continues very
steady, but business continues to be of a jobbing chai'acter,
only a few round parcels having found buyers.
Sellers
are not forcing goods, however, as a good demand is expected shortly, and we do not hear of any lots offering below
9}^c. for 11^ lb., 10c. for 1^4 lb., 1034c. for 2 lb. and lli.^c. for
standard grades. Butts are still rather quiet, and, teyond a
few orders for present wants, we do not heai' of any business.
few inquiries are reported for parcels to arrive, but we did
not learn that any transactions had been made. Prices are
somewhat easier, and 33^@3J^c. are the figures for paper
grades, whUe bagging qualites are held at 2%@2JgC,

A

Bremen

,

Hamburg

. .

Spain, Op'rto, Qibralt'r,ifec
Ail other

50

73,6891115,160
2,0r,-

300

Total Spain, io

300

Brand Total

..

2,532

2,815
5,410

5,499

8,22!)

4,338 10,026 10,015' 8,028 400.482 491,466

The Following are the Gross Receipts of Cotton

New

York, Boston, Philadelpliia and Baltimore for the
week, and since September 1, 1883.

NKW

yOKK.

jPHILADBLPH'A

BOS-rON.

Baltihobi.

Receipta

Thit
wefk.

Binee
Sept.

1.

Thia
week.

Sinct
Sept.

Tkie
week.

1.

Sines
Sept.

1.

at
past

ThU

SUM

week.

Seft.J.

1

Comparative Port Receipts and Daily Crop Movement.
the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of

—A comparison of

We have consequently added to our other standing

the month.

New

Orleans.

Texas
gavanoah

6,H59
3,904

.

..

Tao

185.805
178,038
146,483

Mobile

\
!

2,130
791
1,500

52,S08(

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

Florida
So. Carolina..

3,235

99.S91

No. Carolina..

764

Virginia

8,826

26.870
213,088

since September
"""^
"-^f

Norlh'n ports
Tennessee, &c
ForeiRH

187

2,10f>

368

71,503;

1,004

5,778

1,12s

94,669
4,4S9

This year...

18,397

956,675

Last

2fi.5()5 1,04-2,152

tables a daily

1, 1883,
^ »
1

has
been as follows.
**

Tear Beginning September

Uonlhly
Beeeiplt.

1883

1882.

1881.

1

Sept'mb'r
343,812 326,656
October.. 1,046,092
980,5841
Sovemb'r 1,030,380 1,094,697
Decemb'r 1,059,653 1,112,536
January
487,729
752,827
February.
385,933
595,598

1880.

1

429,777 458,478
853,195 968,31b
974,013 1,006,501
996,807 1,020,802
487,727 571,701
291,992 572,728

.

1.

1878

1879.
333,6431
888,4921
942,272;
956,464;
647,110

447,918

This statement shows tl lat up to Feb. 39 t he receip ts at the
ports this year- were 562 440 bales less th an in 1 883, and
320,063 bales more than at the same time in 1881. B y adding
to the above totals to Feb. 29 the daily receip ts since t' lat time,
we shall be able to reach ar exact comparison of the ovement
for the different years.
1883-84.

1882-83.

m

1880-81.

1881-32.

11,843

1,611

iSfiTl

..

..

1

179

6,323

287

is,m

•i42

14,338

1,227

35,329

2,370

74,754

140,610

2,188

17,986

266

19,688

10,123

822,095

8,592

72,181

4,7-iO

186,268

15,404

40I,2»5l

3,470'

l'«,780

4,656

24S.TJ5

7,S75i
j

1,686

42,297

12

288,8.48

689,204
779,237
893,664
618,727
566,824

lotalyear 4,353,604 4,862,898 4,033,541 4,598.528 4,215.929 3,836 561
Pero'tage of tot. pori
80-78
85-45
receipts Feb. 29...
78-28
84-28
86-27

1

yesM-..

8,894

48

5,872

1879-80.

1878-79.

Shippino News.— The exports of cotton from the United
States the past week, as per laie.-it mail returns, have reached
91,366 bales. So far a.s the Southern ports are concerned, these
are the same exports reiwrted 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 bala.

New York—To

Llveroool, per steamers Britauulo, 1,265
Oallia, 1,705
Eepublic, 882
The Queen, 501.... Van
Dyek. 503.... Wyoming. 1,562
To Hull, per steamer Rialto, 500

To
To
To
To

New

Havre, per steamer St. Laurent, 500
Bremen, per steamers Main, 60
Wena, 100
Hamburg, per steamer Gellert, 210
Antwerp, per steamer Belgculand, 250
Orleans— To Liverpool, per steamers Alava, 4,091
luventor, 4,192
Navarro, 7,000
Mayaguc?., 2,564

—

6,418

500
500
150
210
250

22,242
per ship Lady Palmerston. 4,395
per ship Caledonia,
To Havre, per steamer Alcester, 4,965
8,057
3,993
Pine Branch,
To Bremeu, per steamers Ehrenfels, 5,078
8,928
3,850
850
To Barcelona, per bark Isabel, 850
1.000
To Malaga, per bark Ferreri, 1,000
1,257
To Genoa, per bark Moiito San Augelo, 1,257
919
To Vera Cruz, per steamer City of Mexico, 919
2,000
Savannah— To Havre, per bark John Boyd, 2,000 Upland
4,050
To Bremen, per steamer Amaryllis, 4,050 Upland
1,121
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
l^'^iS
2,186
To Bremem. per bark Gutenburg, 2,186
per
Norfolk— To Liverpool, per ship P. M. Blanchard, 4,447
8,151
bark James L. Harway, 3,704
Baltimore— To Liverpool, per steamers Mentmore, 2,514
5.041
Nubian, 2,527
Boston— To Liverpool, per steamer Slissouri, 4,108
*'i2l
1,4/3
Ohio,
PHILADELPHIA— To Liverpool, per steamer
1,473
."

Tot.Fb.29 4,353,604 4,862,898 4,033,541 4,598,528 4,215,929 3,836,564
Mch.l....
11,84C
14,588
6,519
20,473
16,279
10,547
" 2....
8.
24,228
7,625
12,465
12,171
8.
" 8....
11,144
10,803
19,886
16,505
12,432
19,628
" 4....
11,606
S.
6,913
22,115
10,056
19,653
" 6....
8,443
S.
26,858
21,006
13,404
7,947
" 6....
7,494
13,485
8.
22,876
9,929
9,860
" 7....
18,193
8,582
28,948
16,430
S.
15,631
" 8....
8,128
24,435
13,081
11,056
16,415
12,430
" 9....
8.
25,695
6,673
18.576
6,724
8.
"10....
8,342
13,932
12,038
19,011
6,711
18,764
"11....
8,610
8.
5,909
28,1.50
10,944
14,887
" 12...
7,207
19,421
8.
17,256
13,745
8,298
" 13....
19,724
16,729
10,207
B.
7,707
10,344
" 14....
11,589
24,551
10,900
S.
25,282
13,767
"15....
4,568
12,952
10,289
19,164
13,435
7,531
" 16....
S.
23,596
13,192
7,077
7,411
8.
" 17....
7,958
12,548
13,072
14,900
6,660
12,019
" 18....
8,358
S.
18,406
9,411
4,150
7,453
" 19....
4.946
15,968
S.
15,917
10,248
8,718
'•
20....
6,917
17,877
S.
13,242
11,141
10,584
" 21....
9,838
18,444
17,571
8,840
8.
13,897
Total

....

4,528,559 5,202,558 4,206,182 4,951,900 4,405,391 4,053,522

Percentage of total
port reo'pts Meh.21

86-42

This statement shows
to-night are

now

t hat

89-11

84-30

98-08

91-26

the receipts s ince Sept 1 up to
ban they were to the same

673,999 b ales less

91,366

Total

particulars of these shipments, arranged in our
form, are as follows:
Amtttr- BarceBremen dam <£ lona cC
Vera
BamAnt- MaiLivera
Kerp.
aga. Oenoa. Cruz.
pool. Havre, burg,
500
360
350
New York 6,418
919
1,850 1,257
N. Orleans 22,242 8,957 8,928
Savannah.
2,000 4,050 1,121
Galveston. 11,055
2,186

The

Norfolk...
Baltimore.
Boston

PhUadelp'a

8,151
5,011
4,108
1,473

usual

Total.

8,028
44,153
7,171
13,241
8,151
5,041
4,108
1,473

.

1

Total... 58.488 11,45715,524

1,371

1,850

1,257

918 ei.866

:

WW

M mrii
'

nild

\vi<

in

H Ml

t i

III),

<'li'aranci« tliM weelc of viistwlx

till"

from UnlttHl Staten

Mat.,

brinicing our (lata

|K>rt>«.

down

to

"

18— Iliirk

i

Niiiltii,

I.U2M...!Mitrrli

1
'

1".

Ii

.

Kilimrdii,
a.OU'J.

-st(.iiiiii.ni
i'r«ir,

ri.1

Hulk

M

,

...I,

I'liiiilllii.
-

.

II

.,,

DUO.
vi,-,,.|gg„,

a, 780.

••

Mureti

UAKIJ

17— ilriK

AOSP.
Solierano

Uvorpflol-Murcli

OFm

m^

Uw.

dsf.

Oym

in«lk

Um.

4.

4.

4.

4.

a.

4.

4.

B81

BBI

881

381

11 rrfl

niMt

600
6*3

'iM

• 0«

600
60S
• 00

Ilia' 6 13
6 16 8 16

8 13
6 16

iwroiiT NewN-Fiir l,lvi<ri>ool-Mi»rpli 14— Kteamur Uleiimth,
UvcriTOul- .Marrli 12— Stcamors CiitMloiilii, 139;

,oiiit>.N— For

•Ur..Apr...

»M ftse 5M SM
6W BM 6H SM

AprtUMay..

ftei

8 61

361

May-Jaot

SOI

6 0*

6 01

Jnne^lBly.. «03
Jaly'Aos... 8 Oil
AlW.«*pt. S 13
•Vt.'Oet... ei«

SO<l

.

,3im.

..

Below we give all news received to date of disasters to veeaelu
inying cotton from Unitwi States ports, &c.
.\c\v York, MarcU 13, fioui'Llverpassed B bale of cotton.
:n>m New Orleans for laverpool,

It

'",
,.ui

I,

11,

.•**

•.*

....

...

....

••

....

•

Do

week have been as

the past

Hon.

....

Wedne$.

4"

ThUTM.

m.
'32 a

V

V

%a'S3a'

s,,*

sail

e.

• 14 6

11

,

U

9

• 18

6 18 16 18

• 14

• 14

....

....

....

....

...

.

...

.

.,

...

....

....

....

....

....

....

Slek. 19.

Tbara.,

Open BiQh r«c.

Clot.

0pm

a.

<>.

d.

Illeh. :I0.

Btth IMD.

rrt., .Vch.

Om. OPM

at.

d.

Maroh

d.

d.

d.

4.

4.

anit\iMf. OlM.
4.

4.

4.

1

....

S81

Mar.'Apr... sei
April-May.. sea

....1

561
563 583 S63
May-Junu.. 604 • 04 603 603
}ace.Jaly.. • OS • 08 601 8 07
iaIy-Ang...
Aii«.>3ept..

8«rt.-0«t...

....

3 61

....

«ie 6U 816 618
«1S 8 13 • 13 618

0<jt..NoT...

....

KoT..Dac...
Oeo.-Jan_.

*••.

•

•••

....

....

....

•

•<>

...

Jan.-Feb....

....

....

...

i

se*
BC8
B68
• 0« 604 804
• 06 608 608
613 614 8 13
• •1

• 17
8 14

88
• 01

BB3
8 01

604
808

8 17

6 1-

• 14
• 17

BL-i

8 14

6 13

• 00 • 01 80)
• 01 6C3 6 01
• 06 • 0; 808
6 !b All 6 10
• IS 8 13 BIB
• IH
• 1;

Alh 818
617 617

6 01

803
60?
611
613
618
817

60) 603 • OS 6 03
....

....

...

...
....

....

....

....

....

—

-

....

**"

BREADSTUFFS.
Flour his been quiet and depressed, owing partly to the
slowness of trade, and partly to the reduction in freight rates
hither from the West. Winter wlieat flour of high grade has
continued in moderate supply, but some of the lower grades

ample supply. The receipts, however, have been
mainly of spring wheat flour. City mills and Southern flour
sell rather the most readily, though the dulnesj of all grades
differs only in degree.
To-day the market was dull and
generally weak.
quiet for export but fairly active on specuPrices have declined, mainly owing to the favorable
weather at the West, where the prospects s^m to point to an
early Spring seeding. Not a little has been sold in Chicago on

e
I

\9H

.

>«*

and here at times there has also been free selling.
the favorite option here among speculators, and recently

stop orders,

>«'
j

steam . .c
^twerp, steam. .c.i
rieate,

U

!

lation.

arcelona.steam.e.

enoa, steam

•

8 18

Wheat has been

"ss*

cval, steam. ...(i.

Do

• 16

are in

4-

1S33*

mst'd'm, Bteam.e.
Oo
saU...*.

4

FRIDAT. P. M.. .March 21, 1884

e.

remen, steam, .t.
Do
saU
e.
omborg, steam. «.
Do
saU ...e.

14

follows:

33a »J8'

e.

sail

Tvti.

Ssgais'

8all...d.|

avre, steam

•

ii.inm.ti in distress, liad discliargod 1,750 bales

lo

Salur.
verpool, steam d.

'

....

,

,...

of cotton oil .Miinli 13. Ijut tim arrival of ii siit'ona ageat from
owners ami iiuilcrwrltcm liiul stopped auy further aiscbarge.
Her bottom was to be examined by a government diver before any
nutber action be taken.
freiglits

13

• 60

.

Iborlaii.

U—

-

8 14

WmIbm.,

l.'^-ateanicrTlianpuiurp, 1,977.
tor Hrcuicii— .Murcli ll-8n>iiiii(>r Wi-ger, 1,904.
HiLAiiEu-iiiA-Fiir I.lv<'ri>ool— Murcli
Steamer Lord Uousli, 2.a91
....March 18-Stouiuer Brltliili Prliice, 3,561... Muruh 10-8teamer
ludtaua, 1,379.

I"
•'*•"'*•

6«l
803
SOS • OS
«oa 80U • OW
6 18

OlM.

•••

Sal BDO B8I
333 • 00 363 1(11.
• 04 • 04'^0l 11
• 08 • 00 808 «.
613 8I3:«I8 6 1.'

SIB •

.

fl.'iO

ALTiMOKK— F»r MveiiMml-.March

'YOMiv

4.

Witlter 8«smmeII,

J.

Kor Kiircnloim— Mnrcb 14-Biu-k Uertha, 1,530; briK Evil.
Miiicli ll»-Uiirkauuyniiiill. S-SO.
iiKKOi.K- For Uvarpool— Miireli 17— Iliirk Traveler, 1,522.

Do

.Uek. Ilk

4.

Oee.>>aa„..
Jaa,^eb....

111., 8l)I>.

17-Hikrk

3.1I.U.

w^lii.

Ta n..

4.

NOT<-OM..

Cotton

Maa.. Met. IT.

OlM.

Marak

0at,4l0T.

:7.

Foi

1

aO-

l.luri.i, :l,07i>.

Km

I

l,7a,l-

3.807 ...M»roh

.

;il-Ilurk

t

m.

0»m anh u».
tf.

CW

Mek.

nirrying

datiw:

Int«>«t

(ii>

ara fruin Ni"n

ciriinNiciR
1

fk'low
l>tt»n

uitivli

—

.

V

V

May

is

atement of the week's

movement was started in that month, but it ia not at
aggressive now. The shorts have covered steadily as prices
fell, or there would have been a much greater decline.
The
export trading has been comparatively unimportant here,

week

though the market has not been much above the limits of
exporters in some cases. In Chicago there has been an increased foreign business in Spring wheat, exporters being
favored by low rail freight rates eastward, and exceptionally

*

>is*

»i»*

"is*

»is*

vERi'Oi>L.— By cable from Liverpool, we have the following
sales, stocks, &c., at that port.
We
Id previous weeks for comjKtrisou.
[.1

Feb. 29.
kle*

of tbe

a bull
all

Compressed.

bales.

Of which exporters took
Of which speculators took..
klea American
otaal export

arwardea
>tal stock -Kstlraated

Of which American— Estlm'd
ital Import of the week
Of which American
moant afloat
Of whieh American

75,000
6,00P
5,000
37,000
5,003
37,000
973,000
70e,000
117,000
102,000
374,000
270,000

JfcA. 7.

2Ieh. 14.

Meh. 31.

60,000
54.000
73.000
5,000
5,200
5,000
.'^.300
4.000
1.360
42,000
38,500
52,000
6,200
3,500
5,800
21,500
23,000
16,000
909,000 1,046,500 1,035,500
725,000
763,000
758,000
99,000
124,000
73,000
80,000
98,000
51,000
368,000 322,000 317.000
250,000
214.000 205,000

favorable terms on through bills of lading. To-day there was
a moderate trade here at a fractional decline. English buyers
are indifferent, as they claim tliere is a prospect of large
supplies from Russia.
No. 2 red wheat closed at $1 lO'^' in
elevator,

and |1

|;l

121-g

March. $1 08'4 for April, |1 lOJ^for May,
for June, these prices being }^ 10 Ic. lower than

OTJg' for

the figures of a

week ago, the

later

months showing the great-

est d^pre88ion.

The tone of the Liverpool market for spots and futures (>jich
»y of the week ending March 21, and the daily closing prices
' spot
cotton, have been as follows:
SatunUiy JToiutey.

KarkM,

{

l:30F.ii.(

Hiirden'g.

»o.4ejtp.

Wtdntt. Thund'y.

Fndan

and

Steady.

Steady.

Firm.

Firmer.

5«„

5|»„

flrmer.

Id Opl'ds
id.Oillis
ties

Tuetday.

Actwe

r-

8' IS

6' IS

10.000
1.000

15.000
3,000

10.000
1,000

12.000
1.000

Firm.

Firm.

Steady.

Firm.

Stesdr.

Steady.

8>I«

10.000
1.000

12,000
2,000

Qoiet.

Firm.

Firmer.

Firm.

Firm.

Steady.

tuturti.

Uarket, }
«:90rji.|

Market.
Fs p. M.

The ope iiing, hig host, low est and c losing pr ices of fu turcs at
Liverpool for each day of the weeb: are giv en below
These
rices are on the baLsis Of I7[>land8, L(jw Middl Lng clause, unless
therwise stated.
ieetaregi nsn in pente«

ndeoamtMIM

6

3-6'14.

and

Bit,

62

tntant 5 62-e4<f.

Indian

com

and very quiet

has been only moderately active on speculation
for export.

Prices fabve fallen in

sympathy

with the decline in wheat, but corn has not followed tbe latter
cereal so closely as at times in the past. Still, the speculativ»
trading, both here and at Chicago, has been without aniui».
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 somewhat smaller receipts have
Ukewise served to break tbe force of the downward movement 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. 3 mixed closed weak at
6I0. for March, 61=gc. for April, 62^c. for May, 68^0. for
June and 65c. for July, These prices are ^o, to Ic. lower than
those of a week ago.
Rye and barley have sold moderately at prices showing no
marked change. Oats have been fairly active only, and have
declined slightly; No. 2 mixed closed at 40c. for April, 40^c.
for May and 40^^c. for June, showing a decline of ){o. for the
week.
The trading toward the close was more active.
;

4

..

:

:

!

a

:

THE CHRONICLE.

3^6

The foUowing statement, prepared by the Bureau of Statisshow the exports of domestic breadstutfs from the
undermentioned customs districts, during tlie month of February, 1884, and for the eight months ended the same, as compared with tlie corresponding months of the previous year:

|Voi. XXXVIII.

The following are

closing quotations

tics, will

^ ^-=§3 sirs'

EE-S.

O-

:
.
:

•

.

I

.

.

CT*

'

Es

*

:

:

:

5509 68ai

Wheat-

p. p..

1

Whlt« No. 1
mixed

1

Ojm—West,

West. mix. No. 2.
White Southern..
Yellow Southern.

00 OD'

QDQO;

X OIK

XM*
"

toto

OCOl-

b-r

oo;

Receipts

—
H__^'X60y C
to *•
•J X! -0 **.

a
Oa^^-^
oxc*.

^^.

cu

(t* 00 :
t-ai.

O'
o
o *g c
oa<> CD

M c-

1*- C-;

c

MCO*..

00
00

O«
*'-'

«-•

i-

QD <I

-'tno:

:)<

T.

'

c

J

:ji

*.

ij.

«fc

J»

Detroit
Cleveland.
3t.

Miow

c<

co'-'i^o

Oiooco;
to -si to -I

to

O t9

-1

t3
CO

.t*.

it. *.!

to Q.-p.

C"

W -q

u

o

:

w-oscco:
coco

•^IK. ciM

— 10

to lU

wtoencc

<

O*

CO"
00.

--1

c

,u

to
O -1 to W X
Mxto; ^J*-*-pr*w
wbV]. Vi'i-bco'^'b
I/' :c *c CO w * -I

W—

I-*.

—
yt

luoc
o:

i-t

»—'
CO

(*-o:^'CCi>--

.

(C '.oxer oi

.

.

>_.

--0

'

wV. 00* = rc
>

• -vl

rf»-

•£! -

*- tC

Izte.

302.000

153,155

7,300

151,745
170.033
148,191

673.801
944 ;54

2,982,430
3,282 391

908,741

280,931

58.173

1,242,1.38

4-)?.323

115.859

310,620

844,785

597,905

189,532

38.9*1

6,030.713

5S,182,8'M

80.292 912

41,797,531

14.691.505

S.OM.S-ffl

e.62 1,933

61.01 0.2»H

51,747.832

3.3CS.I5,'j

3S.5>i0,05:i

78,543.190

34.164 355
23,930.638

12.929,323

5,803,1117

10,470,538

3.2.j<!.42:i

Tct.wk.'84
wk. '83
Same wk. '82
SlnceAug.lS.'ime

1883
188S,
18«1

bbls.

CO-t-

1

;j<

CO

^1
5c to_:Drt

mond.

Willa-

TorJc

meUe.

torcji.

Value
$
Jndian corn—

Value .$
Tndian corn meal
.$

.

Value .$
-OatmealPounds
Valuo..^
.

.

.

Feb., '83..$

rive
1881.

115,655

113,151

bush,

409,206

306,896

367.930

1.875.890
596.393

1,533,490
1,015,623
315,858
29,319

370,256
1.019,779
553,989
85,4 89
40,789

3,231,191

2,079.312

2,513,452

The rail and lake shipments from same ports for
weeks were:

last four

11 l,6i;8
4 6,754

Week
Jff/i.

Week
Mch.19.

18.

I,0J5C03
409,2^0
70,207

3,039.971

7'J,3J7

Week
Flour,
endina— btilt.

Wheat,
bugK.

-Mch. 15. 222.496
Mi'h. 8. 126,099

409.200
296.489
263,642
289.657

I.

131,311

Fob. 23. 138.388

Corn,
o«»A.
2.164,333
1,002,434
1,485,611
1.477.385

Oat;

Barley,
btuh.

duxA.

727.503
63 -,937
822,402
829,685

Sft,
but*.

46,754
30,009

111.668
130,077
91,757
99,861

31,S31
52,751

Tot.,4w. 638,294 1.259,054 0.729,993 3,018.547 433,366 161,315
4w'kB'83. 749,955 1,750,905 8 096,842 3,790.239 1.230,713 20o,117
The receipts of flour and grain at the seaboard ports for tte
week ended Mar, 15 follow:
Flour,
oHs.
89.471
49.163
2.733
10,916
18,417
23,721
9,629

Wheat,
bush.

Com,
buih.

bttsh.

110,625
1,003

576,708
137,300
168,127

173,180

15.250
49,509
178,030

57,500
206,263
12,30 J

Oali,

Barley,
Inak.
husk.
71,675 42.5S8

14,450
2.780
6.550
2,150
46,750 34,200
19,644

103, .'.25

9,(;0j

351,405 1,158.500 302.031122,475 .50,558
662,065 13!i,535 22,yH3
Cor. week '83.. 291,206 1,130,533 2,192.136
The total receipts at the same port."! for the period from
De3. 24, 1883, to Mar. 15, 1834, compare as follows for four
years:
Total week... 206.058

771,200
lt,98G

105,318
101,106

.

Value .$
Total values—
Feb., 'SI. $

1882.

-I'Z

.$

Barrels

1883.

Week

Baltimore
New Orleans...

Bushels
Value
$
Wheat flour—
.

21,477,071

132, -21.

Philadelphia...

Biigbels

Value

27.073 884

shipments from Western lake and

Mch.n.

90

RyeWheat —

31.199,378

rail

Week

2,050
7,113

OatsBushels

30,010.618

1.356,875
536,572

183,109

Boston
Portland
Montreal

308,138

.

Value

3.951,611
11,771.713
6.453.072
1,301.221
593,234

3,467,83,1
10,5fiB,31d
5,o49,(i73

510,129

4.777,795
13,776,799
8.378,093
3,101,327
402,302

IfcA. 15.

At—
KewYork

40?,5t53

.

.

3.026.896
17,109.072
7,2;h.561
],567.0!i0

.

Barrels

flour and grain from the
to Mar. 15, 1884, incluaive, for

of
,

bble.

Mch.

Bushels
Bushels

15,0

1880-81.
1.762,369

Kye

tox**x

Hai-en.

18.66(1

1881-82.
1,707,327

Total

Portland, <{c.

785
55.833

*-

C

New

18,3:6

1882-83.
2 ,310,126

Barley

»"»

10.200

1883-81
1,921,339

Oats....

Included ia tUe foregoing totals are tlie reports from Milwaukee
New Haven, Portland and FaimoutU, Richmond, Willamette and York'
town, tUo details for Fobraary, 1881, being as follows

Barley—

Z3,S10
21.515

Wheat.. ,_
Com..., »„

*

llilwau-

775

Flour...

en xi:

'-0

•J -I tf :o 05 »— a; -^

7,700
99J.00O

55,874

144.780

1^-1

CO

it c
b ci"-.ibJ CO o' »^'^
Co
en tr^

lO.OlH

..

301. 076

ports for four years:

X

K;if»"»4-QD

X y GO

4,058

I'otalRialn ....

Oi-OO-J^WOCOin
01

24,485

83,159

Kye

XX

•«fe

_X__<.

100.778

Wheat. ...<-bnsli.

tocc

XX

V

Rye.

BmhMa»

54,900
10,050
13,013
11,111
230,181

Corn
Cats
Barley

CO -

g> #. o» o< #•
-i^to to k; ^1 ;d

Barley.

431,31!

1881.
/y,

(O f ' -q

Oata.

25.090

—

LoulB

Flonr

1^

^^

0.|»

to

X

CO H-'w

M

Com.

same pons from Dec. 24; 1883
four years, show as follows:

OCJ tO'i

:*>

tt'-iyici; to

3

a
9

70
80

1,298,150

Below are the

.)

M

©O'COh-

C

X toco:CiX)[

State, two-rowed
StKt', six-rowed

Buckwheat

The comparative shipments

c.'x>.co

— 'cb'wV
o to a< u
^ M oi

0'Xc.:w-'rf-

^jicptooic;''-^:1-'iococ:crjb»c:
5
J- ffl
OD C^ ,"^ r'5' ,~- *^ J''- .^ 'o
o c". xlo a.

_(0

»1^'

t-* t:

:

.

%

—

y'OOQO^ll

M Mf
W O C:
c:ixw*»aoi—

WW
tcto^-i

c;!

63

70
05
66
61

144,500
137.647
73.331
107,181

C0IO~-l

e 01 c> X'

c o;

75
7R
41

48.4S4
67,750
1,833
1,182
l,42B
S2,»45

OaOK;K.

-IOC. CB10C<

-vi

-•Of ft
c3<»->->'

^

tJ

(t-

:

OMCCC
0*-Cii

toco

•-'

*J(f»'-JtO

oG

Mi^

xTolocj'

!

act

.-

—*

^

p— ;J^»I

tojoaow

:*;

rf^oiOio;

X wwc:

coVwV

OT

OlOt

c'— o»' '^bcow'^b'iS.
CO r. © ^no c ?>
cp Ci »-

55 05 0:

»
a
9

70
76
39

1

Doluth

.

-I lo

p--

cotato

CO J-'to'-t-tc'-t
(•;.

3 50

White
421.2 4 4(t
No. 2 mixed
'tO>8 3 401,
No. 2 white
... ....3
lain
Barter -Xo. 1 Canada. ....3 KR
No. 2 Canada
82 « 83

14

10

Wheat.

Flour.

Peoria.

copco; j^.— pp.-

V-Vicow

ot—

Chicago
Milwaukee..
Toledo

t

c'r-iob-ic:

a too;

a
a
®

10

1

Oi-l'jrtf^bk

10 1- -1

-OCX)

253

3

BblsAmOif Bluh.OO liM Biu)l.6H (b.< Buah32 U,s Bmh.iSlbs

tJt V-.

C!"

»

The mjyement of breadjtaffa to mxrkst U ladioated ia the
statements below, prepared by us from the figarea of the New
York Produce Exchiage. We first give th:i receipts at Western
Lake aad River port.s, arranged so as to preseat the comparative movement for the week ending Mai;^ 15 and since Aug. 1
for each of the last three rears:

icb'y
x;.'. a

OC iC CC

08 31
87 91
95 •31
08
50 »
6II3I
65 a

58
to

.

-1

flour,

100 Ibi

State & Canada
Oats— Mixed

SI 01

i;i

Westeni white...
Western Y'ellow
toco

-"site

Buckwheat

Rye— Western

103

Wliite

i-

DpCC

.'175

GRAIN.

gi"! f o:

Spring No. 2
Bed winter. No. 2
Red winter

tcx

6 75

65 a

10a 375

&o
3 003 330
Brandrwln«. Ao....3 3oa 3 50

I

Spring, per bush.

tO'-.

10« 5 35

753

Western,

4 on® 6 25
5 50 3 6 85

'

.

and

clear
straight
Patents, spring
Patents, winter

3

QOQO
GOOD

No. 2 spring. ..¥ bbl. $2 25»
No. 2 winter
2 40d
Superfine
2 803
Spring wheat extras.. 3 50
Minn, clear and stra't 4 00 a
Wiut«r shipp'g extras. 3 409

Winter

:

FLOUR.
2 50 City shipping extra8$5
3 00 Southern bakers' and
3 30
faiully brands
4
4 75 South'nsliip'g extras 3
5'
Kye dour, superfine. .3
3 60 Corn meai-

g7.'i

10,0.iS

4,812

53,650

16,959
101,473

33.310
140,319

3.827
22,500

11,967
11,313

390,784
45,100

101.473
108,579

211,423

22,500
6B,600

Slmonths—
1884. ..S 501,380 41,714 1,307,228
1883...$ 210,516 50,532
132,066
f Not stated previous to July 1, 1883.

541,32ti

Flour

bbls.

Wheat

bnah.

Corn
Oata
Barley
Bye...-

1883-31.
2,i67,573

1882-93.
3,117,314

1881-82.
2,581,163

3,735,352
11,097,557
3,939,754
1,678,033
458,908

51,57,8,218

21,148,675
4,306,696
1,115,513
225,611

0,102,883
8,350,962
4,665.033
1.319.777
122,310

3.411,944 683,108
3,ldl,139 800,734

i,3ni,937
i,674,531
1.722,370

,I8:i3Dl
383,810

21,151,567
32!,3J8.0fl2
39,261,856
several seaboard ports for week eadiDg
Mar. 15, 1884, are shown in the annexed statement:
Total erahs.... 20,930,101

822,205
830,^38

183M12,813,132

The exports from the

.

.

1
1

.

MAKcn

1

TIIK CHRONICLK.

1^4.

8'J.

,

iruot

Oau.

(font.

867

from this port, iiiclu'liiiic 7,77!> p icnDomingo, 311 (<> U. ,S. uf I'lloiiilnu, sili in
(treat liritiiin, 7n to Nowfoundlind, &n. Thi
I.U17
uation of the li»(ht and uri.<';i
81.360
gocxls lately reported by manu
bing triulo nai p<i nowliat di.'vippoii.iiii;^.
were slow of nalc, Imt the advanoo in cotton
lirHt hands, and iVppercil lino
33,177 prices in
advanced ,'40, jH'r y»rd by agentd. lil«it

to

i.

fmu.

By*.

i»'i

^

ilKf*.

Kitth.

BMj.

U.MMi

irtwTotk

Bmmo.

HO.OOI

200

..

i.aao

i.

BaUla*i«

""u

H.Orllii

S3l,7(Hl

14H.068

rotal w'k.
B'lno time

9J0,aei

171.1

Th«) destin»ti
>rrr*.'<P'>:idiii{(

4

yoM

period ot UuA

<n
!»-

^»

1

'!

1

l>

4.0J]

80.051

3.537

av.osB

3.871

We

add the

as below.

is

'ntln-

r

~

100.42

VortlMd.
NoDRMkl.

to

Tor oompariaoa:

kinds of colored cottons, ruled quiet, but a fair basineH was
in wide sheetings and corset Jeans at staady price*.
Print cloths were in fair demand and dearer In sympathy
With cotton), closing at 3 T-I60. for 61x648 and 3c. bid for 56s
608.
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 print«d cottons, lawns and

done

(

rAMt

Hour.

Com.

ttpoHt
fartntk
to—

18R4.

18?3

Wrrk.
Mar. ir>.

ire**.
JfOf. 17.

Kbl:

Wil:

Un.KlnK

1884.
Week.

1883.

Xnr. IS.

Jfnr. 17.

ir««fc.

IS.

8:i.oto

313..^87

7l'.>.T0;!

3.«t.1

4.l(it'

305.712

367, 4^.^

10.'.a3

8.01;;

375

16.511

5,000

lOli.•^^t!

Ciwidi.'ii'

30.79
5.471

i

OUi.u'ulV

_ToUl

1883.
Wt*k,

Mar. 17.

1884.

Uar.

Suth.
702.0 7.^
160.041

a.boo

2.S-.'7

1,786

91

534,704

I'jr-

iiM«A.
i.7ii:i.i<>7

1,119..'S23

3.64 i
11,7J3

1,030

9 20,201 2 .2.^0,739

luoremttac to oar provioa^ tutals we
sioi of exports aiaae September 1, this

By
•«nson an

Wluat.
tSK3««.

Btri.l.to-

Stpt.

Mar.

188^84

larai^a.
In

1

Stp{.

Jf^r. 17.

IB.

Bblt.

Dn. Kingdom
OmtlneoC
8. AC. Am...
WartbullM.
. .

atpt.

Mar.

18tf3-S3.

1 to

Stpt. 1 to

IB.

JKar.' 17

ifur. 18.

Jfur. 17.

Bwih.

Biuli.

Oiuk.
18,411.455

Bu<(i.

11.S03.8W

!l«.-»7.17(l

8,U3t.2'il

80.»34,cas

411.5^

1,2M

l,ltlH.7:'2

Sl.OTh

b9.178
44 .5'^

B.OlU

7.SM

tasiu

69,Hn<)

17.507

i02.41G

ir4!.8D»

85,374

B

83.0nil.9:il

17.612,513

S»l 317

-...•

..

1 to

14,837.338

OUu oonnlr's
To«»l.

Sept.

(0

4.OJ0.503
»: 1.032
171.011
311 n.-'

Brit. CoI'nlM

1

Otrn.
168S-S4.

ISSa-bS.

S4.53t).OIO

T.;j

'

47.i!Si.7

S,(»«.l)18l

843 i31

2.aS1.478

170 s;5
337,770

comprising the stocks In granary
at the P''
'jI acoaiaalatioa at lake and seaboard
.
,
ports, and ia'&ran»it by nil and water, Mar. 13, 188.4, was a~

The

y\>:

.tm,

.

follows:
KTuat,
htuh.

In fort at—

Hew York
Do afloat

(oet.)

Albany
BaOalo

84.1.2

Ob!oacn>
Oe afloat

„

awaakea
Diflutli

tbledo

;..

rvtrolt
.t.)

7

12.7(1, U>l
3.<ii'.'.275
2.67ii,.»>34

17,281

2,520.123
7J2,i^9

1,390.713
149.523
128 000
2,770 "IJI
31,671
244,546

13j.o.'0

....

Boatuii

IfiOis?
242 HM'2

.

f
I

y

.

I),.v,

101.765
3,153
44,703
32,031

8.717

625,548
10.178
162,475

30 000
2SU.043
343,130
288.413

ni.iio

393.2d3

1,875, 8i)0

51)(i,393

i.c'T

1:' f'Sii,=oD

2

7,M.)i)

I

88-i

;i

m

.'ti.';

31.94S

83'OGI
18.000
9,173
4,401

1,'l.>0

was a

fair business in

111,C68

46,754

r:.o">n.(;79

2,101,202

•111
.lOii

2,32i,'.j6i

There
and

strictly desirable stylos of all-wool

cotton-warp cassimeres, but inHilTerent makes were almost
neglected. Worsted coatings and siritings were taken in
moderate quantities to a fair aggregutu 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. Stocki 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 iu Kentucky jeans was reported by agents.
Cloakings were fairly active in somo quarters (owing to exceptionally low prices), but the general demand was moderate,
and there was only a limited call for Indies cloths, Jersey
cloths and stockinettes, while all wool and worsted drees
fabrics were in fair request, as were shawls and carpets.
FoREi(.iN Dry Oo(3DS have ruled quiet in importers' hands,
and only moderate sales were effected by jobbers. Fancy summer silks and line black and colored silks were in fair request,
as were a few specialties in fancy dress goods ; but low-grade
1

and staple dress fabrics were lightly dealt in. White
goods, lac(» and embroideries met with considerable attention,
but linen goods were slow of sale, as were most kinds of men's,
silks

wear woolens.

for the corresponding periods of 1883, are as follows:

r~s

w

B

" 9fe s:

b;

:

1
av

CO

.112 2.212,613

3,3iu,in

for men's- wear

woolens has not realized the expectations of holders.

ImporUitloDS of Dry Good*.
The importations of dry goods at this port for the week
823 ending March 20, 1884, and since January 1, and the same facts

i'52i

15.39.^

DoMKsnc WooLKN Goods. —^The demand

23,143

l-?tl

77'.:s:1

:.;,a^7,ou3 i.^.ioa.aoj

1B..')00

611

14! 470

Tot. Mcli. lu.'sl.

80,OO0
172.38.i

252,5171,740,520

3(3,113

l'J,-.,l.'.l

=

105000

16^,028
15,132

101.,')42

'

Kye,
buph.

70.U04
50,000

85,U65

ion. 202

M

Inuh.

5.C00
Ca,02J
12,504

7.-1H
Ud.^'iO
383, 183
637,104

Tot. ^t-li. T^.,"l.

Barl^i/,
2.i.5.3.'.ii

178.117
40.418
0J,157

5&;). «<.>

n -:'

On rail....

203

6,l»i2.-5.5 l,609.f^J.I

»77.6l)5

l-.:2,S4a

F

OaU,

13.S8l)3

141.275

1,001,200

lonioto

0am,

6tijrA.
buih.
1.451,010 l,8.ll>,i46
13.500
53,0i»0
lO-'.OdO
O.Ottf)
17,000
28.>!0

3.632.178

piques were in fair request.

43.-..7S7

5'.>,li';i

0,tiiJ
20!>

TiT.

!< or..

1

Wee Ac.

i.871.'U3

1

1,073. ;52
626,01*1

10-^1

I

K.CJr.X-3D

— -i ri *•
w "-«*»>«
M— ^O

-q

'-'

I

THE DRY GOODS TRADE.
FaiDAT. p. M., March 21, 1881.
little change in the

The pa«t week hna developed very

general cjonilition of the diy goods trade. Wholesale buyers
continued to operate lif^htly, and in accordance with positive
wants, and a comparatively small but^ineaa was consequently
done by domestic cominisdion faou.ses and importers. There
was at times a moderately good trade in jobbiiu: circles, btit
the weather was capricious, and there were so many quiet
intervals that a much smuller aggroKate distribution of seasonable goods was made by jobbers tlian bus usually been the
case at the corres]K)n(ling period in former year?. It has
become apparent that the outlook for a really good spring
trade is not encouraging among distributers and thoy are
therefore making their early purchases with unusual caution,
but it is l^' no means improbable that the 8ituati(jn will change
for the better within the next few weeks, if the demand for

consumption should

start up briskly. Values are without
material chnnge, but a steady advance in cotton has imparted
more firmne.-s to pom» kinds of manufactured goods in first
hands, and a few Uescriptioas have slightly :i
!.
DoiiKBTio Cotton Goods.— The export
:i cotton

m

goods was unusually large, 0,243 packages having beeu shipped

MM
M
CJ

f)

COS car, to

^^
I

Cits
ow

«*— -ib'to
.<

Id JO

ifk

-MK

ceo

Vb' Vl«
aa-i
O: —
'J * M *
^

t

WQ
tetd

:

)

:

368

THE CHRONICLE.

^irmnciixl ^amp^uits.

[Vol, XXXVlii.

IttButratucjc.

(S/ommtxciAl Catds.

FIDELITY A; CASUALTY CO.,
»». JTO BROADWAY.
YORK,
"' Banks, Railroads and Express Compa-.i???!*'*
nies
Manntters. Secretaries, and Clerlts of Public CompuDies, institutions and Commercial firms, can
obtain

NKW

,

(Established 1865

BONDS OF SUKEXYSHIP

'""

.

'^'^'""unr ni

''S?
Ite b0D(!6 of this
(onits of the State of

moderate

New

Tori.

CASrAtTr DEPARTMENT.

W.M. M.

lUCBAKDS
ROB'T

Presi. .lOHN .V,. KjsAtll. Sec'T.
HlLLASj^Ass't Secretary,

J.

125 La Salle

„ „

Dows,

I'STld

^^-.S^P"'
itn.i.

n

.1

W. O. Low,
Charles Deinls,
AIbx. Mitchell
8. B. Chittenden
Wm..M. Richards,

oeo.

rerroilre.

Cne.

e.

fO OTIIEH BUSINESS.

The

Geiai^antee Co.
OF NORTH .\WER1CA.

Cish Capital..
«awh Assets

Deposit with Insurance Department
214,on<i
President
Vlce-E>resldent
*IK. ALKX. T. OALT.
HON. J AS, FEKRIEP.
Managing Director Edward Rawlingp.

Mutual Insurance Co.,

NEW VOUK

OFFICE:

BROADWAY.

TOMPKINS.

D. J.

Secretary.

gN«w YoHK
opklns.
>rrnnee.

DiKicTORS,— Joseph w, Drerel, A. L
H, Victor Newcomb. John Paton, Oanlel
Kdw. K, Winslow, Knistns W'imsirj.

.

NEW YORK, January 24. 1884.
The Trustees, in conformity to the OLartcr of
the Company, submit the following
Statement
of Its affairs on tlie 3l8t December,
1883:
Premiums on Marine Risks from
Ist January, 1883, to Slat December, 1883
$4,168,953 10
Prominms on Policies not marked
offlst Jannaiy, 1883
1,539,232 53
Premiums

Premiums m.irked

off

$5,708,185 63

The United
IN

States Life

Insurance Co.
THE CITY OF NEAV YORK,
(ORGANIZED IN ISM)

&

261, 262

26.S

January, 1883, to 31st Decemb'T. 18-3
$4,260,423 93

BROSNAN,

T. H,

Returns of Premiums and Expenses

York.

viz.:

All Policies henceforth Issued are Incontestable
for any cause after three years.

Death Clai.a:8 paid at once as soon as satisfactory
proofs are received at the Home Office.
Absolute security, combined with the largest liberassures the popularity and success of this Co.
AH forms of Tontine Policies issued.

ality,

Comparison op Business fok Two Yeaks.

_
Hew Insurance Written
tosuranee

In force

.

,

86 79
335,710 68

Assets,,.,

1882.

1883,

6,118,814-18

5,26.8,21248

rajments to policy-holders 459,078 16
475,923 98
Increase in new business written in 1883 over 1882,
87 per cent.
AGENT.*, desiring to represent the Company, are Invited to address J. 8. GAFKNBY,
superintendent of Agencies, at Home Offlce.

GOOD

THE

OUTSTANDING CERTIFICATES of
the issue of 1379 W.ll be rcdteiucd and paid to
tho holders thereof, or tlieli- legal representatives, on and after Tuesday, the Fifth of February next, from which date all interest thereon
Will cease. The certillcates to be produced
at
tho time of payment and canceled.

A DIVIDEND OF FORTY PER CENT

By order of
J.

MUTUAL
INSURANCE
F, S.

CO.

OF

NEW

WINSTON,

ORGANIZED APRIL

14, 1842.

$101,148,248 25
nARINE AND INLAND INSURANCE
-

COMMERCIAL MUTUAL
57

A

INSURANCE COaiPANY,
NEW YORK.

59 WIXiLIAM STREET,

ASSETS.

United States Securities

Bank Stoclis of New York City Banks.
City and other Stocks and Bonds, Loans
.

and Cash

.

.

$314 105 00
116,420 80

Banks
235 007 15
Premium Notes. Cash I*remiums, Relnaurance and other Claims
73658 05
Total Assets, January 1,1884
11738,091 00
in

W. IRVING COMES. President.
^ King.
„
HxifRV D.
sec. Wainwkigut Hardie V.-P.
This Company issues Certiflcatos of Insurance,

W

ISf^5f^t^^i.l^'?'5PoO.•'"

'''

B-kers. Messrs.

We

workmanship.

cases a perfect

all

guar-

fit.

Street,

New

York,

Brinckerhoff, Turner

&

Co.,
In

And

all

kinds of

COTTON

CANVAS, FELTING DUCK, CAR
COVERING, BAGGING, RAVENS DUCK, SAIL
TWINES, &r., "ONTARIO" SEAMLESS
BAGS,

"AWNING

STRIPES.

Also, Agents

UNITED STATES B17NTING
A

full supply, all

Widths and

No. 109

Doane

Joy, Lincoln

C6.

Colors, always In «toc»

Street.

&

Motley,

SrCCESEOHS TO
43

E. R. inUDOE, SAAVITER &. CO.,
& 4S Whtte Street.
15 Chadncey Stkir,
NEW YORK.
BOSTON.
AGEKTS FOU

Ocean miU Co., Atlantic Cotton KIUls.

Peabody mills,

Clilcopco Mfe. Co.,
Ilerton Nevr jnills,
AVliite Ifirg. Co.,
Sara.tOKa Victory I'lFa;. Co.,
Hosierj' and Yarn nuiln.

Fabyan

Bliss,

.& Co.,

New

York, Boston, riiiladclplila,
SELLING AGENTS FOR LEADING BRANDS

BROIVN

Sc

BI.E.1CHED SHIRTINGS

AND SHEETINGS,
PRINTS, DKNIMS, TICKS. DUCKS. 4o.
Towels, <lnlIt*,lV1iItc Goods A: Hocizri
Drills, Shectinus,

<*<:.,

for Export Trade.

Secretary.

OIL CLOTHS, MATTINGS, LINOLEUM, ETC.
OfBco and Sliip Furnisliing; Siieeially

YORK.

Rates Lower than other Companies.

war-

Dresa

CARPETS,
TRUSTEES.

President.

lIFEikENlJO WMENT POLICIES

-

tie Board,

H. CHAPMAN,

LIFE

TSSUES ETERY DESCRIPTIOX OF

Assets,

ie

declared on the net earned premiums of the
Company, for the year ending 31st December,
1883, for.which oertiflcntes will ho i.ssuod on
and after Tuesday, the Sixth of May next.

THE

our

SAmVEI. BUUD,

$12,97 .312 47

SIX PER CENT INTEREST on the outstanding certiflcatos of proflte will bo paid to the holders thereof, or their legal repi-esfcntativcs, on
and aficr Tuesday, tho Fifth of Felu-uary next.

*2 SOO.ikjo 00 »5,2ai,000 00
l«,790.ooo 00 ]8,8«i),()oo 00

that

COTTON SAIL DUCK

liEO. H, BtTIU'CllD, Actuary.

profits shall belong to the policy-holders exclusively.

and

Broadway & 24th

1,598,

Amount

assertion

Shirts are unequaled for style, appear-

ance

;

C P. Fralkiqh, Seo'y, A, Wiikklwuight. Aas't Sec
II the

the

Manufacturers and Dealers

othcrStocks
$8,666 95 00
Loans sf cured by Stocks and
otherwise
1,950, OO 00
Real Eftato and Claims due the
Company, estimated at
425, oO 00
Premium Notes and Bills Re-

President.

By an act of the legislature of this State fills Company's charter was so amended In 1882 that hereafter

rants

$850,0«0 76

Cash lu Bank.

Specialty.

Over Twenty Years' experience

Losses raid during the same
period
$1,901,042 38

ccivaole

New

Broadway,

SAMUEL BUDD.
Fine Custom Shirts our

antee in

from Ist

The Company has the following Assets,
United States aid State of New
York Stock, City, Bank and

jMBttvancje.

OF

AKD PROTISIONg

CRAIIV

on the Chicago Board of Trade, for cash
orfntu,.
""
delivery, a specialty.
,
o
, .

""Jicat'ng course of '"»r«BM,
market,
f™EPJ''/""/"i'''2""°°'
freely
furnished upon request.

:

So. 1T8

'

CHICAGO.

THE PURCHASE AND SALE

Total Marine
T300.00C
400.000

Street,

CHAMBER OF COMMEECB)

CADJOINING

DIRECTORS:

S*?-;
A- 8; Barnes.
*?'"">"'•
f-Jh
JI.S.T. Strauahan, II. A. Huribu-,

A. b.

coimmissioN merchants

ATLANTIC

diarfjes.

Company are accepted
^fi-i-u by
uj

. J'*S'"'5?
\^f^^^. atfainst accidents causinR death or
wtally
disabling
injuries.
yull information as to details, rates. &c..can
obtained at heart olBce. orof Company's Agents. be

Everingham Sc^Ca,

L.

OFFICE OF THE

D. Jones,
Charles Dennis,
W. H. H. Mooro,
Charles H. Russell,
J.

Desired.

Horace Gray,
Edmund W. Corlies,
Adolph Lemoyne,

James Low,

Robt. B. Mlnturn,
Charles H. Marshall,

David Lane,
Gordon \V. Burnham,
.\. A. Raven,

John EUiott,
James G. De

Wm.

Sturgis,

Benjamin H. Field.
Josiah O. Low,
William E. Dodge,

Royal Phelps,
C. A. Hand,
John D. Hewlett,
William H. Webb,

Charles P. Birrdett,

JOHN

D.

Forest,

Charles D. Ij«vericli,
William Bryoe,
William H. Fogg,
Thomas B. Coddington,
Horace K. Thiirber,
William Degroot,

John L. Riker,
N. Denton Smith,

George Bliss,
William H. Maoy.

JONES,

President,

CHARLES DENNIS, Vice-President.
W. H. H. MOORE, 2d Vice-President
A. A, RAVEN, SdVloe-Prealdent.

THEO. W. BAILEY &
&

371

273 Canal

Street,

Near Broadway (through to

SI

CO.,

New

Tork,

Howard

ESTABLISHED 1855.
EUGENE R. COLE, Successor

^earn

&

St.)

to

Cole,

STATIONER AND PUINTER.
Suppliea Banks, Bankers, Stock Brokers and Corporations with complete outfits of Account Books

and Stationery.

jy

New concerns orKunlzIng will hare their
ders promptly executed.

or-

WIEEIAM STREET,
(HANOVER saVARE.)

9fo. 1

JOSEPH CI LLOm
STEEL PENS
Sou By all DEALERSThrouchoutTheWORLO
;^OLD MEDAL PARIS EXP0SITIONy|B7ai

THK
jltcamships.

(

IIRONICLE.

Til

l^ubUciitlonB.

(i/otton.

ONLY

John C. Graham
BA

Line to France.

direct

AMI)

THB

UENEKAIi TRANSATLANTIC CO.

NKW YORK

tolwrru
lini I'liT

'no.i.
)'

I

.

'

•OrrON COMMISSION MERCHANTS,
No. 18 Wllllaai Stre**, Nsw Vork.

HAVRK,

and

(riowlta Norlli llm-r fi-ot of Monon M.
!..
111. :iM..uYt)lil both irtniilt br KiijiUfh
-luforU of cruulDif thflCliiuinrl
c

Financial Review.

t

Wod, Mnr

.

(

CM.

'.11.M

(ANNUAL.)

M.

\.

18S4.

t6«ri<JUU
null.

I

'ho t'timputfiilp
^ItJi offlrt» III
liTr»' to rarl.

'

Tni

It'll. >r

ii-keu from
^h tol'arta

^hiiiit oxjiiul
Ivo ttie tuiir

WABasH Kwaa, jr.

BKItlAN.AKeul,
No. « Howllnc (Jrrou

&

'BARREN, JOAIES

Nos. 31

Miatutarers'

CiKATZ,

L0U18, Mo.

ST.

Amnu

for the sale of

Jut*

B<uiii>u>

&

NKW

YORK.

CONTENTS:

(FOK BAMNli COTTON.)
"

IMPOKTEU.-*

IKON TIBS.

(IK

I^ttblicatlaus.

rHKMBEATKHT

I.IVINU

MuMcr,

Kroudc,

Max

iathore. imch n» Prof.
.Inx,

.A.

Prol. Iluxli-r. Kiuhi lion.
W.K.^.IiiilMtoiK*, IC. A. I'rocIpr, Edwiii-fl ,\, Frcpniiin,

Retrospect of 1883.
raercantlle Fallnrea.
BaiikluK and Financial —
United States— Nationnl Bank FlKurea and
Cnrrency Movenienta.
New York City— Bank Ketnmg, Ao.
Liondon— Money Market and Bank Betarns

rommcrdal—
United States— Forei;^ Oommeroe, Trade
Balance, U. 8. Exjmrts and Imports o:

Prol. Tyndiill. I)r. W. B.
t'nrnnilrr, FriiiiLTp. I'oiviM
C'obbf,
!>inilli,

Thr Duki-

ol

Aruyll,

Uiii. Itlnck.
tlixK Thnr.
kcriiy, >lrf*. .>li)lnck-('nitk.
(ieo. .tIncDoniild. <lii.. 4MIfihiinl, .It'nii liitfflnw.

[m-Uy.

^W.Slory. .11iillhe» Arnold,
lf.uln.Tennr»ont Browning, and aumyotbers,
reproaenled In tbe pages of

Living Agr.

l-ittell's
^nriitk'

tlif

ffirty
-<

,

years of

The

publication

Its

met wUli conttnuuui commenda-

izitu. It

ulToamore than

.DA QUART£B THOUSAND
<:taTopafcesof reading matter rearan tuexpenslve fc^rm, cons'tlorlrg
v.nu

('.
1'

III

^
tit
l'

->

r-r.
f

Mt of matter, with

I

and with a

''

iii-

r<

riiptiid by nu other
the
Kfvlewa. Crlt clsma
-liort
« tti TraTBl and
Ui»v.o\urv. l\.*;try,
:tpbtcal, Illstorlcul and Pohilcal In(iie entire body uf Kureitcii Peri<jdl-

-

I

i.4Aue,

'

[uHueiire.i,

ra Invaluable to erery American
mIt ftatlsfacturllr fresh and COMLl:x. ^ ... iitlun of an Indlapenaable current
sruLuru,— iUilisptinaable tiecauie It erobraccii the
!

aod

ol

The ABLEHT LITINU WRlTEKv^i
IkU brancbesof Literature. Sclonoe. Politics and
,.-..

r.....
<>

f„r
If
ilcr

J:

'oat
»:c••lil.

ill

it

•

•

'

|i

giTiia

'huugbc. of the ajtv."—

Prices of Call Loans and

Coiuaierciul Paper slnoe 1876.

Uold and SilverProduction, Exports and Imports of Gold
and Silver in the United States and abroad.

Foreljcn EzclianRe—
Market and PriccH in New York, 1870-1883.
Inveatmenta and Kpecnlatlou-

Compound Intermt Table, Showing Acoumtiiatlons of Money li> a Series of Years.
Table Sbowln;i( the Kate Per Cent Realized
on Securities Purobased at different prices
(wittiout regard to date of maturity.)
Stock SiHsculatlon in New York.

ri)

nocosBarr as tb»

field

J>ubllsbed
for
i

wiXKLr at tdOO a/ear, fraoj pottate,
The I.iviNn Agi and any one or

I.U SO

American

M

CO., Boalon.

jasdsl attention given to orders for contracts fcr
deUvary of cotton In New Tork and Liverpool.

William H. Beede

Special attention given to orders for the ba]
uia selling of uorroH roa Ftrrtnui Uai^rgar.

James F.Wenman& Co.,
LVITON BHOKSRfa,
«o. 148 Pearl Street, bout WaU, N. S.
Bitabllsbod (In TottUn^ Balldlngl tsto.

Geo. Copeland

Ibe Review, baan4 In cloib,
.

WIlX.lAin B.

DANA

.

JNO. W. TUIXIS.

Jno.

W.

&

81 Wllllani Htricl,

H.

Tullis

Dennis Perkins

Uo.,
VoHK

Lamplit.

&

Co.,

8*4

.

&

Co.,

COTTON BROKERS,
13S Pearl StriMt, New Verk.
for Spot (Tottoa

and Fntorss pcompU

Hoffmann,

F.
iS

00

m

A. <;0..

PUBLISHERS.
IV

&

OOTTOX BROKERS
136 PEARL SVREE-r. NRW

Olden

To Cbroulcle.SubfH-ribera (one copy only) 1 00
>

& Co.

sxscuted.

Rallroad BtnlloUr.t of tile United Slates
Rallrond EaniliiKs.
Prioeaof Rallroud Bonds, 1879-1883.
Tlie Mew York Stuck Market, 1879-1883
Prices of Railroad Stocks, 1879-1883.

Monthlies (or Ihtrptr't H'teJtttf
a year, postpaid; or for
TiO Thk Mtinu Aok
and tbe M. luciotat, or
pincoU't Mtrnthlv. Address,
4c

No. 47 BROADWAY.
Ubeml advances made on cotton oonatgnmsots,

Prices of State HiteuiUiea, 180O-18S3.

Postage (when oeni by Mall)

Co.,

C0MMIS810.N MERCHANTS,

EVFAUUi, ALABAMA.

Rallroada and their litecurlliea-

ol

&

COTTON BITYEKS,

State Debt* and Neetirltlei.—
State Debts and tiniiiiiult}'fromPToseoiitlon

Prioe

:

Sawy er, Wallace

Debt of Uio United States.
Prices of U. 8. Bonds. 1860-1883.

Haa^'r} will be sent for

LITT'ELI.

Orders for future delivery of Cotton executed la
also for Grain and Pio>

Asw Vork and Liverpool
New fork.

rlslons In

United Slates Debt and Secarltlca—

rtudicai Iktvriitufo bruadena.*'— Zu>h*s Utniid,

Mon

Bloss,
cojnaiiiisioN jiiercuants.
No, 123 PKARL ST., NEW YORK.

COTTON BEOKEBS,
No 114 PEARL STREET.

r>

jpdactlOQBof

PBICB,

Gwathmey &

The noney llarket—

Th'm.

(;ulroii,W.

Kniiic-i-.

London—Review
LeaditiK Articles.
year, Bank Returns, io.

<>oldwln

l*r«r4'««or

Ac

NORFOLK. VA.

Investors.

Ixants for the fulUiwloA brunda of .Inte Banrlno
Iklle MUlj/' •• Brooklyn (Mty.''"Oeorijla,'"'cijoIlna,''
"erlns 0,"*'Unliin Star. "Siilpm."''llorlooo Mills,'
rse7 Mills" and "I>OTor .Mill..."

Farrar
Jones,
PEARL STREET, NEW ITOBK.
EURE, FARRAR

119 IVIAIDKN LANE,

lAGCIKG A.>D IRO]V TIEV

TORK.

Liberal advances made on cotton ocnslgnments.
special attention Riven to orders for oontxaots for
future delivery of cotton.

Jllerchaiits,

Wheeler,

88 Broad Strest,

&

133

lUrORTESS OF

Ifiullard

*

NKW

Bankers,
Stock Brokers,

RON COTTON TIES.

Brothers,

COTTON BROKERS,

FOR

BAG Gll<rGT

VA.

)ox> m. iwa*.

Ewen

FINANCIAL INFORMATION

^isccUnucous.

OLD BLIP,

AND NORFOLK,

tW

OF

DK

LOI/IS

12

Special attention given to tbs •zseotloao€
orders for tbe purchase and sale of OoSton,
' Onfi
and Provisions for future delivery. Liberal
made on oonslgnraents.

A YEAR BOOK

iDiMntiKera
">ock In

Bw York, I'leriJ .N..rili Uivoi. l...;l »( Miirton SI.
He«4t twu tiiniri* boforo lhi> iK>[>iirlurt> uf u nt earner

MONTOOMBRT, ALA.

tfXW YORK.

delivers

ittKntlijiio

N"

AI^A.j

NO.

Train froiu Havre to ParlSi

|>erlal

I

BBLMA.

Barsrs o( Cottoa for a Commission. Ortfsnferra
tors OontnMs sasoatsd In New fm'k and Uvsrpool

Rountree & Co.,
conmissioN merchants,

r.M.

I'll

Co.,

6c

KBB

N

New Vura

COTTON BROKKK AND AOKNT,
RLE OB LA BOURSB, HAVBB

Wm.

Felix Alexander,
COTTON BBO&SK.

AlKJDdTA, UBOR»IA
Knurs atteauoa glvsa to porebase of COTTOB TO
itKUBK for 6PaniKB» and BXPUKTKi^
UoiaasroiTDaaoa SoLioiTau
nerereaors ;— VatioBSl Baak of AasM.;a. Ueorsia,
dour I Uenu a iX)^ Mauilssloa Maraaaau. Msw
Vjr<; wiiimn. u. Kuiaa «», rroprototvroMMiB
'1.1
mti Kia.sniAi OaBOVMLa. and oibsr Mow
To>k Uoo

:

THEaXHRONICLE.

TIU

©0tt0tl.

d^Dtton.

Woodward &

[Mai!ch

®0ttjOM.

G.

Stillman,

&

18 Exchange Place

INMAN,SWANN&Co

KEVr VORK.

kOANS MADB ON ACCEPTABLE SKCUKITIEB.
Oath Advances Made on Oontignmenis.

COTTON MERCHANTS,

ATTINT ON TO 0BDEB8 FOB CONTBAOTB
rOB FUTUK DKLIVBBT OP COTTON

OOTTON, AH. eBADBS, SUITABLE TO
OF 8PINNBK8,
OFFKBBD ON TERMS TO SUIT.

ooramissiON riercbants.
No. 40 KJCHANGB PLACE.
UEMBERS OF THK COTTON, OOFFSS ASt
PRODUCE EXCBANQES.

«

WALKEB
York.

STBBai

Ne-nr
Olden exeOQted at the Cotton Kichangea In N»ii
Tnrk and. Liverpool and advances made on CottoB
conslRned to ub. or to our oorre
Bq other produce
gpondente In Liverpool, Messrs. B. Newgasa A C«
Dd Messrs. L. Kosenbelm k Sons.

& Gwynn,

Fielding

A. Kent &

Co.,

IN

Co.,

GRAIN, PROVISIONS AND COTTON,
No. 89 BROAD STREET,

MERCHANTS,

COMMISSION

Sontb WUIlam St., New York.
EXECUTE ORDERS FOR FUTURE DEUTERT
8

NEW

at the

New

COTTON
LIVERPOOL AND NEW OB

YORK,

LEANS COTTON EXCHANGES.

Jamee Finlay

i,

Co.. Liverpool,

_

Messrs. Smith, Edwards & Co., Cotton Broken
Liverpool.
„
Messrs. Finlay, Mnlr & Co., Calcutta and Bombay.
Messrs. Samnel H. Buck & Co., New Orleans.

&

Insurance Company

1« Si 18 Exohance PIaee>

NEW TOBR

OFFICE

Charles Mathoff

YORK.
BROADWAY.

119

CASH CAPITAL

M

t.1,000,000

Reserve for Unearned Premiums
Reserve for Unpaid Losses and Claims,

2,407,631 00

9IX1Sn

Net Surplus

COTTON COMMISSION MERCHANTS
No. 10 Old SUp, New York.
Jemison, Groce &

NEW

OF

Co.,

AND

COMMISSION MKRCHAKT8

HOME

London and

GlasKOw.

E. S. Jemison

KENT k CO-

ST. LOUIS.

%Vi5\ixmict.

NEW YORK COFFEE EXCHANGE.
CORRESPONDENTS

Messrs.

E. A.

Also Orders for

COFFEE

at the

York.

POOLE, KENT & CO.,
CHICAGO.

BANKERS

AKD

AX.FBXD TON GTTNDELL.

&

Henry Hentz

COTTON FACTORS

POST Buiuinia,

signments.

York.

coramcissioN itierchants

LEHMAN BRO'S,
Cotton ANDFactors
DP-TOWH office, NOS. 39 &

New

E.

Montgomery, Ala.

La.

\YARE & SCHROEDER,
COTTON COMMISSION MERCHANTS,
POST BiriLDlNG,
16 & 18 Exchange Place, New York,

WANTS

LEHMAN, DtlBR & CO

ABRAHAM & CO.,

N,

Co.,

Special attention paid to the execution of orders
for the purchase or sale of c^^ntracts for future delivery of cotton. Liberal udvimecs made ou con-

BPIOfAI.

New Orleans,

&

Schroeder

SUCCESSORS TO

MERCHANTS,
Post Bnildiu^, 16

23, 1884

04

1,687840 07

Cash Assets, Jan. 1,1884

t7.4i)2,751

CHAS. J. mARTIN, President,
J. H. WASHBURN, SecreUry,

Oalreston, Texa»

Co.,

.<ETNA

mTRAYCS C. Hopkins. Lucids HopKuia Smitb.
Chabi.es d. millsb.

von Gundell & Mayhoff, Hopkins, Dwight & Co., Insurance Company
COTTON BROKERS,
OF HARTFORD.
COTTON
Nog. 2 & 4 STONE STBEET, NEW YORK.
January
$9,l92.6i3
1881
COMMISSION MERCHANTS. Assets
LlabUltles for unpaid losses
923,183
and re-lnstiranoe fund
iro. 134 PEARL STREET,
ON GUNDELL, & MAYHOFF,
4,000,000 00
Capital
80

1,

99

1,

NEW YORK.

COTTON BUYERS,

mEiaPHIS, TENN.

.

EXEOUm>
OBUUU fob FUTUBE C0NTBACT8
NEW YOBK AND LlTKBPOOU

Mohr, Hanemann

& Co.,

B. F.

New
Bfsoiai.

GRATIERST.,

New

York.

Orleans, La.

Attention Giybn to the

OF OltDERS FOB

BABCOCK BROTHERS &
fiO Wall Stbbet.

No.

Henry M. Taber
PEARIi

141

ST.,

Co.,

Robert Tannahill& Co.,

Advances made on Consignments of Cotton. ConFuture Delivery of Cotton bought and

W ALTER &KROHN,
BROKERS,
COTTON

H. Tileston

JiK^W

&

YORK

Co.,

COTTON, STOCKS, BONDS,
88

WILLIAM

O dan bi

NSW

E.

t

dec,

8TRK1CT, N))W VDUit.
" Fntarei" ezacnted at N.Y. Cotton Each

YORK:

WHITE, SAM. P.

BLAfiDEN

MAlfAOBRS
Office,

&
COTTON

Tuttle

84 Beaver

traot« for

Co.

Ins.

Solon Hcmpbrets. Ch'r'n, (E. D. Morgan i Co.l
David Dows, Esq. (David Dows & Co.)
E. P. Fabbui, Esq. Drexel, Morgan & Co.)
Hon. S. B. Chittenden
Ezra White, Esq.
J J. AsTOB, Esq.

CHAS.
<

B* William

St.,

Now

York.

Wakefield,

And General Commission Merchants,

old on commission.

BEAVKft STREET,

NEW Y«BB.

No. 61 Stone Street,

NEW YORK,

COTTOjV.

S3

Mercantile

Future Contracts.

&

British

LONDON AND EDINBUBGH.

dpeeial attention given to the purchase and sale

PHILAPEI^PHIA.

Acent.

OF

Cotton Commission Merchants,

116 CHESTNUT STREET,

Si

¥ork.

United States Board of Management,

ci*aqh6kn herbino a CO,

COTTON COMMISSION MERCHANTS.

&

New

ALEXANDER,

CO.,

FUTURE CONTRACTS.

9UCCESSOB8 TO

St.,

North

LIVERPOOL,

Receive oonpUniments of Cotton and other Produce,
and execute orders at the -Exchanges in Liverpool.
Represented in New York at the otfice of

ExBoim»

JEdward H. Coates& Co,

JAS. A.

BABCOCK&CO.

7 IVater Street,

«3,269,4ST

No. 2 Cortlaiidt

COMMISSION MERCHANTS,
1

IBS PEARIi ST., 186

NET 8URPLD8

IB

WlLMeHB. H.W.HANE1CANN. CLEMBNg FiSOHBS

St.,

New York.

G ommercial

Liberal advances made on cotton consignmentsSpecial attention given to orders for contracts for
fnture delivery of cotton.

Waldron

&

Tainter,

COTTON MERCHANTS,
TREET.
PEARL
JOHN U. CLISBV
97

&,

CO.,

LJnton

Jns.L'O,

(OF LOXDOX.)

ALFRED

PELL,

Resident Manager.

COTTON BUYEB8,
M«tiTtS«H>IEaV, AL.A.
PUBOHASE ONLY ON OBDBRS FOB A COMMISSION

37 -& 39 ^^^^

^^^^^^'