The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
fiitattriaD
i
xmm
W
AND
HUNT'S MERCHANTS' MAGAZINE
REPRESENT[NG THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL.
NEW
36.
YORK, MARCH
24,
1883
financial.
^luauirial.
I^luauclal.
AMERICAN
DIAMONDS.
R. A. Lancaster & Co.,
BANKERi^ AND BROKERS,
66 BROADWAT, NEW YORK,
Bank Note Company,
BROASWAT. NEW TORK.
142
BuHtneAS Founded 179&.
laeoiTOttted oader Lavs of Etato of Hav Tnk, 1868.
Rcorxiiatscd 1879.
BONDS, POSTAGE & REVENUE STAMPS,
LEGAL TENDER AND NATIONAL BANK
NOTES, of ths UNITED STATES) and foi
and most artlntic stylo
FROM STEEI, PI-ATES.
In the finest
With ipedal lafegaaili
^•cUl
COmmsrSITQIS.
pnTCst
to
fi;eri masufactstel
Diamonds, Fine
and
Fireproof
LITHOGRAPHIC AND TYPE PRINTINO.
T1CKF.T8 OF IMl'KOVRD 8TY1.E8.
Hhow OardJi, Labels, CuU-udan«.
KLAITE BOOKS OF E7SBY SSSCBIFTIOK,
ALBERT G. GOODALL, President
VICE-PRESIDENTS
« J. MACDONOUGH, A. D. SHEPARD,
TOURO ROBERTSON.
W. M. SMILUE,
Pought and
STAYHER, TrMS.
THBO. H. FBBUUro,
I^ONDON, 33 HOI.BOBN VIADUCT.
L.
Y.
&
H. Taylor
Co.,
€or. Third
and
Chetttnnt Sta.,
PIIII.ADEI.PIIIA.
Depoelts received subject to check at sight, and
Interest allowed on dallr balancee.
Stocks, Bonds, Aa. bought and sold on commission In
I'hlladelphla and other dtles
Particular attention given to information rvgarding
Private wire to
No. 24
MEMBERS OF TUB
J.
-
-
Habky
W.
Fklix (IRISAR, ProRldant.
A1.FRKII MAgri.vAV (Graff & MaqulnarK Vice-Pres.
J. B. Vox nKK Rkckk Vcn der Berke A Marsllr*.
Otto lirsTHEH iComelUe-DaTld).
XXII.K I>K GOTTAL.
(
Ad Fkask
Mode]
(t"rank.
A
We
offer
a large
SIX PER CENT
line of
bontis
Co.,
IM
on deairabla terms to
buyers and InYestors.
4»fflce,
180 Finh Are.)
Dm Pbabl.
PiAU.
E.
Pearl
&
Co.,
BANKERS AND BROKERS,
BROAD STREET, NEM^ TORK,
Stocks and bonds bought and sold oo oommlMkm.
Interest allowed on deposits sabjeot to slgbt draft.
Letters of Inquiry cheerfoUj answered.
Stewart Brown's Sons,
Cle.)
(C.
Schmld
A Cle.)
TRA y SA OT A
(GENERAL BANKINU BUSINESS^
AgA. p. POTTEB,
Prea't.
J. J.
Eddy.
Caataler.
Maverick National Bank,
BOSTON.
APITAL,
SCRPJLVS, -
•
Collections
»400,000
400,000
.....
-
Acounnta of Banka and Bankers
made upon
solicited.
farorable terms.
Goremme nt Bonds bowglit and sold.
STOCK BROKER.
Lansdale Boardman,
'
Partner.
Member N.Y. 8toci[Bxel
16
Railroad
Tra vers. Special
(Branch
New York.
CHOICE
WHrrgLY, H. Critokr oaklbt
Luoan,
Maynard C. Etrb.
C.
R.
DnANis
In.ES UAtmcNsrnAucH
<
Y STOCK KXCUANOh
All classes of Ilallwar and MinlDg Stocks bongbi
and sold on Commission.
Private Telegraph Wires to Philadelphia, Wilmlncton, Baltimore, WaataingtOD. Boston, Brtdgepoct sad
New Uaven.
W.
Aco. NoTTKBOHM (N<ittebohm
Freres).
(Michlels I.ooa).
Job. Dan. Fuhrma.vn. Jr. (Joh. Dun. Fuhmuon.)
Loris WiBKB {Id. Weber 4 Wo.)
N.
Prince & Whitely,
64 BROADWAY, NEW YORK.
INVESTMENT BONDS,
No. 98 Broadwar,
NEW YORK,
D. Prikce. J as
No.
&
Beasley
AMD DBAI.SB8
ANTWERP.
BT.,
'>r for Investraen*.
Complete Financial Kepor* Issued weekly to oar
c«irre8pondent«.
Investment Seonrlttea.
New York, Baltimore and other places.
W.
A.
BROAD
STOCKS AND BONDS,
A strictly commission business oondaeted In the
purchase and sale of Stocks and Bonds on Margin
BANKERS.
S. ir.
Coleman Benedict & Co.
and Pblladelphia Stock Exchanges.
BANKKBS
Paid-Up Capital.
9,000,000 Francs.
nOARD OF DIRSCTOnS.
Bouakt.
KHTABLISHKD
Stone.s
S6«ty.
Anversoise,
Cmtwmt
1864.
Banque
Centrale
on ( 'ommlsstoo.
INTIBSaT ALLOWCO ON DSPOSITS.
:
G. H.
Sttid
Finiinto Tax-R^irirtibU
Sapphires,
EXCLUSIVELY.
Ruildlng^ft.
BAILWAY
RAILROAD A MISCEI.I.ANKOUS SECURITIBS
St.,
SOUTHERN SBVURiriBH A SPKClAhTT.
LOANS NEGOTIATED.
Rnblex,
I'reelons
otiier
exsluilTely f:: sse of tht
SAFETY PAPERS.
SAFETY COLORS.
Work Execuleil in
DKALKRO IN
Flrst'CIaae luTeetment Secnrltlea.
OOVBRNMKNT BONDS, STATE, CITT, COUNTT
IMI'OUTKItS OK
Members N.
tapanj.
Co.,
183 Broadway, Cor. John
Porelun Covernmenta.
ENGRAVING AND PRINTING.
HANK NOTKS, SHARE CKKTIFICATE8,
HONU3 FOU GOVKKNMENT.S AND
COKI'ORATIOSS. DRAFTS. CHECKS,
H1I.I..S OF EXCHANGE, STAMPS, *o..
&
Alfred H. Smith
ESOBAVERS AND PBINTKRa OF
FR.
NO. 926.
BROADWAY 5 NBW
MXW YORK,
Opposite Stock Bxchanse.
ISO
TBOY,
N. Y.j
UA
i.
15
HAM.
\1\IA.
ST,
-
BrBiJIU>mO.
Brown
&
Co.,
BANKBRS AND BROKBR8,
T
WaU
St., Cor. New, New York.
INYBSTMBNT SBCCRITIKS.
No. 88
PINE 9TBBBT,
NBW
TORK.
WE MAKB A SPBCIAJ.TY OF THESE VEKY
SAFE SbK^UHITIBS, AND BUY AND SELL SAME STOCKS AND BONDS BOUGHT AND SOLD ON
AT MARKiCT PRICE.
COMMISSION.
WE OFFER A LIMITED AMOUNT OP DESIRABLE C.VR TRUST ISSUES. ADDITIONALLY
JOBH PONDIB.
AcoiimiTs Natbaii
SECURKT) BY IHK DIUKCT OBLIGATION OF
EHIIIPMKNTCOMPAHY.
TBI RAILROAD
Pondir
Co.,
&
&
POST, MARTIN
CO.,
Ko. 34 FINE STREET.
Simon Borg
No. 8
WALL
&
STREET,
DBALBR8
PrlTate Wire to TrOT
rroT.
•enrltles carried on margin. Intelirestpald enl»lwie«a
A. H.
Car Trust Bonds.
IN
Co.,
NBW YOBK^
ALL KINBS OP
Railroad and Inrestment Sscarltles
SOlrrHKKN .=BCITRmH8 A Speoialtt.
Henry
Bros.
&
BKOKERS
Warfield,
IN
STOCKS AND BONDS, UNLISTED
SECVBITIES AND IfllNINO STOCKS,
No. 58
Htocks, Bond.«& luTestment Secnrttles
BXCHANeB PLACB,
30
Pollock
&
Bixby,
BANKERS AND BROKBBS,
H
PINE STRBBT.
new
YORK.
But and
all
sell on oommisalon,or oarrr oo aniBia.
'^
deaH In at the New York Stock
A. i.
Wm. PouxiCK.
ioonrltles
Member
N. Y. Stock Bzehaiwa.
Howard
Lapsley
&
BANKERS AND BROKERS.
BROADWAY.
CHARLES Snosr IISXKr,.
DOCOLA8 HisBV,
Member N.Y. Stock Ex. Member N.T.MIn. Stock Ik.
DAiriii. WABma.i>.
N. T.,
Ocdert execute*! on the London and
market.
N!o.
fi
Co.,
WALL STBB^T,
New York.
THE CHRONICLE
&
Morgan
Issue Travelers' Credits, available In
world, through the
Cable Transfers.
Circular Letters
available in all parts of the world.
on
California,
inessrs. J. S. inOROAN ic CO.,
22 OLD nliOAD STREET, LONDON.
Brown
XEV
Bills
BILLS OF EXCHAIKGE
GREAT BKITAIN AXI) IRELAND, FRANCE
GERMANY, BELGIUM. SWITZERLAND, NORWAY, DENMARK, SWEDEN AJJD HOLLAND.
O.N
Issue Coniiiiercial & Trayelers' Credits
IN STERLIXO,
AVAILABLE IN ANY PART OF THE WORLt).
And in Francs, In Martinique and Guadaloupe.
nAKE TEI.EGRAPHIC TRANSFERS
ties
abroad on
all points in the United States tind
in the
United States on Foreiirn Countries.
^CCanada, and of Drafts drawn
&
&
Stuart
J.
Co.,
&
Jesup, Paton
Street,
Co.,
•
&.
ANDRE OIROD &
COUNTY BANK,
New York.
MANCHESTER, PAYABLE IN LONDON;
BELFAST, IRELAND;
ANI> ox THE
NATIONAL BANK OF SCOTLAND,
Kidder, Peabody
.NEW YORK:
LONDON:
William Heath
(ESTABLISHED
&
Co.,
BANKERS AND BROKERS,
BROADITAY, NETT YORK.
Members of New York Stock Exchange.
FOBEtQK EXCHANGE. CABLE TRANSFERS.
William Heath
&
Co.,
William Heath
No. 19
Rne
genera)
attenUon
gtren to American Securities.
&
Co.,
aOBEESPONDSNTB
No. 63
CO.,
ALEXANDERS &
LONDON.
ClBCULAH NOTKS AND CREDITS FOR TRAVELERS.
James T. Bates & Co.,
(ESTABLISHED
BANKERS AND BROKERS,
1868,>
Mills Bnlldlns,
New
York.
CC
INTKKBST
allowed
..n
Co.,
Act as Agents for Banks, Bankers and Railroad
GOVERNMENT, MUNICIPAL and
Bonds.
Private telegraph wires to Providence and Boston
6. E. TAINTOR.
GEO. H. HOLT.
CAL.DWEH., WASIIBVRl^r
St.
TOWNSEND,
BANKERS AND BROKERS,
UNITED BANK BUILDING,
BROADWAY AND WALL
STREET.
Transact a general B.inklng Business, including the. J
Purchase and Sale of all Securities dealt In at the
New York Stock Exchange.
Interest allowed on deposits siibject to sight draft.V
CAIJIWELL.
J.
TOWNSEND, Member N.
L. C. WASIIIIUKN,
GSOBOB STARK.
JOKK
George Stark
No. 33
Y. Stock Exchange.
&
F.
STAB S
Co.,
BANKERS,
Nassau Street New York,
TRANSACT A GENERAL BANKING BUSINESS
AND BUY AND SELL INVESTMENT
SECURITIES.
Have constantly on hand and
for sale
WESTERN CITY AND FARM MORTGAGES,
Bearing 7 to S per cent Interest.
WESTERN MUNICIPAL BONDS.
Clrcnlara with full particulars mailed on appllcatlGO.
C. Walcott
J.
&
Co.,
BANKERS ANH BROKERS
No, 3 Pine Street, New York.
Transact a General Banking Business; Buy and
cash or on margin, all Se<mn>
New York, Philadelphia, Boston
Sell on Commission, for
ties dealt in at the
and Chicago Stock ICxchangos.
Brancli Office, 320
Jos. C.
Frank
Walcott.
F.
)
Broadw^ay.
Members
of the N. Y. Stook
Dickinson, (and Mining Stock ExchVea.
Offer Investment Securities,
Buy and
sell
bonds, stocks and securities in all Amand Dutch markets, on Com-
'^'?<* "J'^'dends. coupons and foreign and Inland
^®" ^'"» o' Exchange on
^
Evans & Co C. J. Hambro & Son, LONDON
and on
ft
Sons,
AMSTERDAM.
&
Ruckgaber,
16 EXCHANGE PLACE,' NEW YORK
B
A.
NKBRS
CORRESPONDENTS Or THE
International Bank of London
(Limited) London.
Messrs. John Berenberg, Gossler &. Co.
Hamburs.
Messrs. Marcnard, Krauss
& Co., Paris
CommerolalandTravelers'Credlts. BUlsof Bzohanim
Cable Transfers.
H.
GOADBY &
B, E.
JOINT AGENTS
WALKER,
Canadian Bank of Commerce,
16 EXCHANGE PLACE,
Fred. a. Brown.
P.
Brown.
Walston H. Brown & Bros
BANKERS,
;
Schulz
J.
Walston H. Brown.
Herbert
No. 30 Nassau Street, New Vork.
SPECIAL ATTENTION GIVEN TO THE NEOOb
TIATION OF
RAILROAD SECURITIES.
Hatch
&
Foote,
BANKERS,
No. 12 Wall Street, N. Y»
We make U. S. Bonds and Investment Securities a
specialty, execute orders In STOCKS and BONDS
for cjish or carry the same on margin. We transaot
a general BANKI.NG buslne.ss and ALLOW l.NTBREST on DEPOSITS. Branch (ilBces, connected by
Private wire, Norwich, Conn.. Gloucester, Miuis., ana
31 l>evoushlre Street, Boston, Mass.
Wm. M. Earl, A. H. Dayton. Geo. h. Statnsb
Special.
Member N.Y. Stook Exch.
Earl
&
Dayton,
BANKERS AND BROKERS,
BUY AND S'^l^^fTEKLlNO EXCHANGE, CABLE
65 TO 69 DREXEL BUILDING,
Nenr lork.
BATES
A ISSUE jCOMMERCLAL CREDITS^
'""a
AVAILABLE STOCKS AND BONDS BOUGHT AND 8CIP
STRICTLY ON COMMISSION
Members of the New York Stock Exchange,
Checks ind Cable Transfers on JAMES T
Geneva, Swllierland.
&
BANKERS.
Co.,
PARIS.
CO.,
Y. Stock Exch.
WILLIAM 8TRKET,
H. Oyens
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
received and
sell
RAILROAB
H. NOKTHC'OTE,
Kennedy
J. S.
K,
,
..,
MelvUle,
CHEQUES AND CABLE TRANSFERS ON
&.
O.
ALBXANDKB BARIBS,
Member N.
erican, Canadian, British
No. 8 Wall Stre<t, New York,
No. 4 Post Office Square, Boston.
Buy and
:
<k CO.. Berlin.
John 8. Kinnedt.
J. Kennbdy Tod:
City
uilnsn^tiatSi'""*"'^"'
MUNROE
CREDITS.
BAKING BROTUEKB & CO., London.
PERIER FREKES Si CO.. Pnrls.
mission.
American markets
tPjSl^f^^i^ '°' I'Ondon and
l'""™^' State and
&
York.
Issue commercial credits, iilso foreign imd domestic
travelers letters of credit in pounds sterling 4
dollars.
Scribe, Pari*.
yOHN MUNROE
New
AUD
10 Tbroemorton Ave., London, Eng.
,8'"' o' Exchange and transact a
-P"?
ananoui commission business. Partloolar
WALL STREET, NEAV VOKK.
TRANSACT a GENERAL BANKING business.
C. B.
COHXEKdAL AND TKATBUiBs'
niENDEL8»<OIlN
Holt,
No. 10
OABUB TRANSFERS, BILLS OF BXCHANGK
T.R DAVIS.
1861.)
Co.,
FOREIGN BAM&EKS.
PARIS:
Ca^Xo^rT^Jcff. W.RCS8ELI.W181:.
&
Taintor
Chas.
Cor. Wall and Nassau Sts.,
ALSO,
CABLE TRANSFERS AND LETTERS OF CREDIT
&
BOSTON, MASS.,
EDINBURGH, AND BRANCHES;
Wo. 80
PARIS.
CO.,
LIMITED ;"
ULSTER BANKING COMPANY,
"^miUexs muX ISvoTuvb.
DEPOSITS
Accounts and Agency of Banks, Corporations,
firms and individuals received upon favorable terms.
Dividends and interest collected and remitted.
Ad as agents for corporations in payl.i-' rrupons
and dividends; a I.'io us transfer agents.
Bonds, stocks and securities bought and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought
BANKERS, LONDON;
nANCHESTER
of
balances.
NASSAU STREET.
and sold.
DRAW ON*
BILLS OF EXCHANGE ON
THE UNION BANK OF LONDON:
THE
DEUTSCHE BANK, BERLIN, HAMBURG
SiniTII, PAYNE & SmCITH'S,
AND BREMEN:
33
YORK.
BANKERS,
BANKERS,
S2 TVllllam
Co.,
ST.,
Excbange and Letters
Credit on Mexico.
Bills of
bought and sold on commission.
OF nONKY
J.
NEW
YORK.
Issued for the use of travelers in
all parts of the wt.rld.
drawn on the Union Bunk of London.
Telegraphic transfers made to London and to various
places in the United States.
Deposits received subject to check at sight, and interest allowed on balances.
Government and other bonds and Investment securi-
No. 59 1VAI.I. STREET, N. ¥.,
BVV AN1> SELL
&
Wilson
& 29 BEAVEK
CIRCiri.AR NOTES
Co.,
BETWEEX THIS ASU OTHER (•OVNTIilES.
MAKE COLLECTIONS OF DRAFTS drawn
W.
ar
120 Broadnraj (Equitable Building),
liETTERS OF CREDIT AND
&
Brothers
Parable in any part of Burope, Asia, Africa, Au».
and America.
Draw Bills of Exchange and make Telegraphle
Transfers of Money on Europe and Califomia.
J.
BANKERS,
York.
tralia
Kountze Brothers,
for Travelers,
BROAD STREET,
IVetr
Issne Letters of Credit for TrsTelers,
Money
Europe and Havana.
Attorneys axd Agents op
No.
parts of the
all
and their Correepondente.
bougnt and sold on commission. Interest allowed on
Deposits. Foreign Kxchange. Commercial Credits.
%xclixnnQt.
W.Seligman&Co.,
No. 33
I>E KOTIIS€IfII.D,
IQ:e:SSRS.
JLAA,Vl
.
BANKERS,
Also Commercial Credits and Tmnsfere of
Securities
&
J.
Nos. 19 aud 21 Nassau Street,
PARIS.
^ND FOREIQK BANKERS.
received subject to Draft,
I>eposits
Co.,
BANKBRS,
No.34 South Third Street. 31 Boulevard Hausamann,
h'OHESTIO
&
Co., August Belmont
TTALI. STKEET,
CORNER OF BKOAD, NEW YORK.
Drexel, Harjes & Co
Drexcl & Co.,
PHIIiADEI^FHIA
WovHQn
I^oreiflw ^xcUmiQi^.
'gOXZiQU %XChKUQ&.
Drexel,
Vj
Marcu
THE
1888.]
34,
and ^voUcvs.
|Jaul;cv0
1891
In
No. 45 Wall N(r««t.
I
Tnuinact axononil bnnklniuicl brukora** bnalDMa
KatlwKT Mharu and UuDds miid OoTwnoMat
Scourltloa.
InU'raat allowM
on depoilUi.
UiToslmanU ourarullr nttondod
to.
Ui
giuUicvs and UvoTievr..
Gwynne & Day,
[E*tabliiili«<l
CIIIIONICLE.
JOUPJi
o^
1.1
I*.
1..
„, ,
sdocK Kzob'gVk
..
.
Mriii[iitr<'f
.N.
i
.
& McKean,
Lloyd
No. S4 WALL
Seaboard Bank,
nmuilxsd an4er lb* Mmtm iMwn at New Tort.
NTItBKT, NBW YOBK.
nUY ANI> HKM, ON COM MISSION
OoTernment, Rallwair and niacclla*
neoua RccnrlUea.
CAPITAL
A. ITr.l.MA."*
(•11. iiAY.NK
.>KIJU>N
B. <i.
&
Mead
F.
bTOCK IIUOKKHS,
NRW VORK.
BKOADWAir,
80
inuich
JOS-BSEP,
&
R. T. Wilson
Co.,
Co.,
New
Kxohiiise Conrt,
it
&
James
S.
Ac, buUKbt and
sold for cash or on
njaTKln.
Wood,
31
&
Huestis
PINE
ST.,
Co.,
fiew York,
NEW YORK,
BANKERS ANU BROKERS.
i: o.
A. M. KIDDER.
BOX
s,ei7.
WaylandTrasic.
n. J. Morse.
trccsiisous TO
WOOD
DAVIS.
&.
xeciit(» ordfrs In all securities listed at the New
York Stock Krchange. For Sale.
PlBHT-Cl.ASli ItAILKUAn-lHTMoitTOAOBBoyDS.
GBORGB
WOOD. C.
C.
(oLIj;js,pouDEjsr SJejvi^ins.
H. Bachem,
a
BANKER WMBKHT
AND BROKER,
(LaTU
CO.),
A 81 NASSAU ST., NKW Y'ORK.
Member of New York Stock Kzchanm.
19
Stocks and bonds bought and sold on commission
lorcasboronappruTedmarzln. Collectlona made In
United Btutaa and Burape.
TBB
Anglo-Californian Bank
(LIMITED).
LONDON, Head OITloe, 3 Angel Court.
SAN FRANCISCO Office, 422 CaUfornIs, St.
Authorized Capital,
RAILROAD BONUS
and STOCKS, and
classes of Securities dealt in at the
STOCK KACUANOB,
or
all
NSVr Y0R1£
reputable Securities
all
bought and sold In the OPKN-MARKICT. LOANS
and COMSIKRCIAL PAPBU negotiated. Interest
paid on DEPOSITS, subject to chock.
ENSLOW,
^ASTON
WALL STREET, NEW YORK.
A.VD
and
ERTS.
BANKERS
ERS^-
BUOKKKS AND
Brokers
CBA8. K. KASUAl,!,.
to Exchanso Place, Near Broad nrajr.N.Y.
M
&
Wierum,
EXCHANGE PLACE,
in Railroad Stocks aud Bonds,
ODVBnXMEXTS 4 FOREIOX EXOHASOB,
Member
N. V. .stock Kxchanse.
OTTO
C.
WEIIUrM
II.
A. Easto.v.
Tinker,
BANKERS AND BROKERS,
No.
KXCIIANGE COURT,
2
New
roUDTOt
HLNRY
U.
D. Barkier,
TlSKI
&
Co.,
Eell
^
Co.
,
D
P. O.
A. BOODT,
Box
447.
C. W. McLELiax,
REUBEK Lelakd.
JB.
E. C.
Stock Exch.
Secorl-
Jobs J. c nuaaairr.
Hitiibciit.
1 2,000,000 Unllders
(«4,806,OOO Uold.)
HEAD OKFICB
Agencies
IN
AMSTERDAM.
Soorabaya and >**"'ft Tang
Corraspondenta In Padaav.
Issue Commercial credits, make adTancaa on aU^
ments of staple merchandise, and traoaaot other
business of a Snanctal eharader Id eonaeotioa wUk
the trade with the Dutch East Indies.
in Batavta.
BLAKE BROTHERS *
CO.,
Nokth America,
STHEET, NEW YOBK.
Humbert
&
WALL
STATE STREET. BOSTON.
Bank of
Australasia,
(INCORPORATED
IS3S.)
No. 4 Tbrcartnordle !S(., I.nnilon, Bnglaad.
PAID.I'P CAriTAI.. fl.200.no0.
CNDIVIOKD PltOKIT^ (Incltiiiina Ouarantae and
Iteserve Kunds) £453,114.
Letters nf Credit and Drafts issued on the lOI
branches of the Bank In the Colonies of Queenaland.
New South Wulen, V ictorla. South Australia, Tasna.
nia, and New ::caland. Illlla negotiated or sent for
Collection. Telegraphic transfers made. Oepoelte
recelTed In London at interest for fixed Deriods om
terms ahleh may b« ascertained at the oooe.
PBlUltAUX gBLBY.
UNITED BANK BITILDING,
Street,
Ji
Corner Broadivajr.
COMilEKUIAL PAPER.
Stocks and tHiniis I>ouglil and sold on commission at
Stock i:zchangn. Adrances made on boalnaas paper and other securltlaa.
New York
Wv.D. Hatch,
Member N. Y. stoe*
Wm.
Bxeh.
b.
Kekdau.
affoaftjona
•WSTHfiH
BEAD OmCB, BONO KONO.
The Corporation grunt DrafU, laane Letura of
Credit for use uf TraTelert,and nexutlato or oollee*
Rillspayableat Bombay, Caloutta,sTagapora "
Manila, Itong Kona, Foochow, Amor,
Shanghai, Uankow, Yokohama, Utogo, Baa
oo and London.
A. H.
TOWNSEND. Asnt. 47
Adolph
I
Wllllaa 8t
Boissevain
& Co.
AXD
Son,
STREET,
NEW YORK
Beeretary.
BANKING COBPORATION.
BESERVByUNU
BANKERS
BANKERS AND BROKER.S
No*. 37 & 30 TTALI.
QCICN BfiLDI.Vo,
Pald-Up Capital,
i^APITAL(paid-DP>
llAMCKHS.
tiaa.
B. c. liiTMiiKTiT,
HOLLAND.
i.v 180:1.
Hong Kong & Shanghai
STOCKS, BOSDS
Banking BusincM. buy
GoTommcnt Bonds and Inrestment
Member N. Y.
E.STABLISnED
28
R A N K R K m
3N Hrondwny. cor. Exrhaiige Place, N. Y
Itrnnch OOlce, f^H Ln rialle St., Chlcngn,
TRANSACT A UKNKKAI- BANKINO BUSINESS
INCLUDINi; THK I'ilKCIlASR AND SAl.K OK
STOCKS ANI) llONDlj KOR CASH OH ON MARGIN. BUY AMI KICI.I, INVKST.MKNT HI5CUR1TIES. INTKRKST ALLOWED ON DKP0S1T8
oUnJlCCT TO CHKCK AT SIGHT.
Wall
CEDAR STREET.
In addition to a (.eneral
and
U. Nichols.
N. V. .Stock ICxch.
BANKERS,
62
a.
1588.
ItESHSELAEIl WESTO.N.
Gilman, Son
No.
BOX
Mctetrau
York.
Member
.
AIHSTERD.tinr,
18
l>roduca Kzch'uo.
&
u. u. Herts.
P. O.
Co.,
No. 7 Nassau Street, New York.
Wm. p. Ucmbkut.
Kowaod B. Bkxedioz.
Barker
Nederlandsch Indische
Handelsbank,
A.IIERICAN
BANKERS AND BROKERS,
.N'.Y.
KRBD'K P. LOW,
»„
*""«•'••
I«NATZ 8TEINAART.
Cashier. "''"^'
N.J,ILIBXTHAL.
[AoK.vra for
Wm. P. Humbert &
Moubor
«6,0D0,000
1,700,000
Transact a gt-ncral banking business. IsaneCom.
merclnl credits and Bills of Kxchange, arallabla Id
all
parts of the world. Collfctluns and nrden for Bondi
|
Stocks, etc., executed up(m the most farorable terma
Dl-iALKUS IN
BANK NOTE STOCK,
CHICAOO A: CALL'.TIET STOCK,
PENSACOLA & ATLANTIC -STOCK,
PKNSACOL.l & ATLANTIC BONDS.
K II. DESSI.OW, Member N. T. Stock Exchange.
Randall
-
(
Broun,
Stocks. Bonds and fJoTcmmcnt Securities bonitht
sold on cummi-sjilun.
Interest allowed on doposits subject to check at sight.
A W. 8eU«m«n A Co.
OOVBRNMBNT Paid-up and Reserre,
Pnrctaaae and sell on Commission
and
BANKERS AND BROKERS
No. 3
J.
BOSTON Correspond'ta.UaaaaohiuettaN. Bki
Thos. A, VVSE.
C. C. Brouk.
W. K. D. Vy»u. Member N. Y. Stock Kxchango.
&
Union lUnk of Ix.ndon
^ovciflii SiiuUcrs.
P.
Vyse, Son
l..irKli.n.
NEW YORK Agenta,
U. UUB8TIS. L. M.SWAM
C.
Buffalo,
•300,000.
(.eatherHsnk:
IiiToatment Secnrltlea.
Sell
^
This bank has superior faellliiei for maklna
col.
»"«<'«»"'le point. 1,1 the ifolUd
«?,'il''^.''°
J*"and Baropa.
Stales.
Canada
Llt>»r.l tFrmiezteoM
•"""»
to acoonnta of bankers and raerrhanti.
OOKKEHPON1)KXTK.-.S<.» York. Narioni.! Rhoe A
,
TransBCt a (!ln^nll llnnking nnsinoss, Inclndlna
the purchase mid kiIu <.f STOl'Kti and ilO.NUs for
cash or on margin.
•
Bay and
mSJgMeaSSrtffly^
Bank of
WALL STREET,
18
Batms,
BUFFAIX), N. Y.
g
]M
N. V. Stuck Rxch.
Stocks, Bi>nda,
N. MKIII.KK.
8.(i.
CAPITA I
oGK ECo.
n
R
A
No.
o'KAr.
'01IABJ.WETr.ir.Pm
*""^W-."'.?T5^'R*wiixiAM C. Coiuiwau„Csabl«r.
^ex.
Commission Stoclc Urokcrs,
Ha, 1« nitOAD STREET, NEW YORK.
John 8. J A Man,
Warkkn T. James.
Member
I).
I..U. HMrrii,
of Lading and other
Co.,
...Presldaat.
Kork.
with I'rlvnto WIro at 83 \Ve«t Twontjr
Thlrd »irc<it.
Buy Hud ftoll on oommlMlnn for Investment or on
nMiyln, jtll HHJurlUes diialt In at the New Yurk Stock
KxohiinKe.
R. H. Luu.
I. r. Miun.
T. H. CDBTia.
Ucmbor N. T. Slock Exoh
John
,.
VleerrSdwi:
iUiiSf
WUBua,
BANKKKH AND COMMISSION MKRCHANT8,
omoo
I.
«COO,000.
W,
CiiABLn
I.
H Broad war, W.
Wellea Balldinc,
No. 31
WALL
HTREKT,
COnjRISSION
BANEBBS AND BBOKBBS,
Safer to Meaui. riMK
* Batch.
in
BR CHANT*,
AUSTERDAU, H0LLA2fD
N. T.
Comspondoota-McMn. DtAKS BaOB. * 09,
:
:
THE CHRONICLE
iv
fVou XXXVl.
%mi\\txs.
^etittstjItJitttia
The City Bank,
EIM GLAND.
Aulliorized Capital,
Subsciibid Capital
*S'9R!l'2fi2
^'2!{!!'S!!2
800,000
Pald-Up Capital,
Reserve Fund, £330,000.
HEAD OFFICE, THREADNEEDLE 8T.
BBAKCBES
Tottenham Couit Boad
Lnndon,
IjadRate Hi:l, London.
Knightabridse, London.
Bolborn, London,
Bond
Street,
London.
Paddinfrton, London.
Aldgate, London.
Old Street, London.
The bank, whllo conducting the eeneral business
of London Bankers, tjives special attention to the
agency of Foreign and Colonial Banks.
A. G. KRNNBDT, Manacrer.
Gerhard & Hey,
BE
$5,700,000 Paid Up.
SIR HUGH ALLEN.
Capital,
•
-
-
President,
VloelPresldent,
KOBKRT ANDERSON,
Esq
HEAD OFFICE, JHONXBEAL.
GEORGE HAGUE, General Manager.
H.PLUMMER. -Assistant General Mana«er.
No.
Robert M. Janney.
M. Shoemaker & Co.
Jos.
OF CANADA.
(LIMITSD.)
1.0ND0N,
SHOEMAKER.
Jos. M.
Merchants Bank
BANKERS AND STOCK BROKERS.
134 SOrTH THIRD STREE1 ,
PHILADELPHIA.
Dealers in all Issues of United States Bonds. lnvef»imeijt Securities a specialty. Correspondence invitel
and full Information upon financial subjects f urnishcl
J.
BANKERS:
LONDON, ENG.— The Clydesdale Bank (Limited.)
NEW YORK— The Bank of New Tork, N.B. A.
The New York Agency buys and
sells Sterling
Ex-
change. Caile Transfers, Issues Credits available In
all parts of the world, makes collections In Canada
and elsewhere, and issues Drafts payable at any of
the offices of the bank in Canada. Demand Drafts
Issued payable In Scotland and Ireland, and every
description of foreign banking business undertaken
TSeyv Tlork
A. P. Turner
No.
Co.,
207 WALNUT PLACE,
PHIIiADELPHIA.
& Co.,
BROKERS,
PITTSBURG, PA.,
Geo. B. Hill
Agency, 48 Excliange Place.
HENRY HAGUE,
Agents.
JOHN B. HARRIS, JR..
V A L.
&
RANKERS AND RROKERS,
Buy and
OFFICES AT
sell all classes
Securities.
of Western PwrnsylTanla
Correspondence
sollcITed,
I.EIPSIC, BERI-IN, MOSCOTT,
NIJNI-NOVGOKOB,
during the Fair.
Commissioners & Forwarding Agents,
Brewster,
SHIP BROKERS.
Undertake to cash
AmountB eiecute
;
Bills,
&
Advances and Freight-
orders in the line of Banking,
all
BEVAU
HET,
CONGRESS STREET,
35
No.
,
&
Estabrook,
BANKERS,
Commission and Forwarding Business on the most
moderate terms.
,
^.
,.
..
Ship-owners are requested to address vessels hound
for Keval unto the care of
OERUAHD
lattim0x:^ IJattlicrs.
Cobb
BOSTON.
CAPITAIi,
HVRPI^VS,
C. F.
-
8MITHERS,
W.J.
N08.
$13,000,000, Gold.
$5,500,000, Oold.
-
Preeldent.
Walteb Watsos,
ALEX'R LANG,
i
5
Dominion of Canada.
Office,
BlrcUu
No. 9
I^ane.
Imperial Bank of Canada.
CAPITAIi (paldnp),
RESERVE,
H.
S.
-
-
-
.......
HOWLAND, Pres't.
D. R.
$1,300,000
$460,000
WILKIE,
Cashier
STATE STRJKET,
BOSTON, MASS.
Bank of Deposit,
Bon(t»
on
and
Port Colbome, St. Thomas, IngersoU,
WeUand, Fergus, Woodatock.Wlnnipeg, Man,,
St. Catharines,
Agents in London
B08ANQUET, SALT & CO., BANK OF MONTREAL,
73 Lombard Street.
59 WaU Street.
:
I
Promptest attention paid to collections payable in
any part of Canada.
Approved Canadian business imper discounted at
the Ilejid ot^ice on reasonable terms, and proceeds
remitted by draft on Now Vork,
AGENCY OP THE
STREET.
Exchange and Cable Transfers. Issue demand drafts on Scotland and Ireland,
also on Canada. British Columbia, Portland, Oregon
SanJVanclBCO and Chicago.
Bills oollected and other banking business transD. A. McTAVISH, ) i„.„,.
aeted.
Gzowski
&
'J
Buy and
& Co.,
R.
I.
ings
Buchan,
attention given to Collection of
„
Now \ork and Boston.
,
&
,
Co.,
Banks
Government,
State, Municipal
and
and Stocks. Investments for Sav-
a ppeeialty.
Correspondence
solicited.
Commer-
and Canadian Funds on all points in Canada
American and Sterling Exchange, and Stocks, Bonds,
ete., bongl)t and sold.
Correspondents— Bank of New York, New Yorki
Mid AIUaqoo Baflk, LOQUcn.
W.
Clark &
RANKERS,
UOLLISTER,
Cashier.
OF GRAND RAPIDS, MICH.
Capital lilmit,
Capital Paid In,
----.
.
-
.
$1,500,000
400,000
Referring to the foregoinB the officers and directors
of the OLD NATION-^!, BANK OK
RAPIDS, beg leave to nniiounce that on Monday,
February 20 inst., they will continue the business or
banking In all Its branches, at the same place of business, as 8uc;cs30r of the First National Bank of
Grand Rapids.
As substantially the same management will continue in the new organization, with equal capital
(which will be speedily doubled) it i.s hoped tha
generous confidence and patronaiie so long bestowed
upon Its predecessor, will be continued to the preseut
GRAND
institution,
p. L.
li. J.
Thos. M. Thornton.
VVITUET.
President,
HOIjIjISTER. Cashier.
Wm. W. Thornton, Cash
SO.\,
THORNTOi^ &
F.
(Established 1859,)
BROKERS,
BANKERS AM> ILLINOIS.
SHELBYVILLE,
Collections made in Shelby and adjoining Counties
and Proceeds remitted on Day of Payment.
REFERENCES—National uankof Commeroe.New
York. Union Notional Bank, Cincinnati. Third
National Bank, St. Louis. Traders' .Bank, Chicago.
Indiana Banking Company, Indianapolis.
Co., P. F.
ESTABLISHED
1871.
KELiEHER
&.
CO.,
OLIVE STREET, ST. LOUIS,
Sealers In »'e«tern Securities.
805
No. 33 Sonth Third Street, Philadelphia.
DBAUIRS IN CAB TRUSTS ANB OTHBB
VESTMENT SKCUBITIBS.
J.
The Old National Bank
W.
Agents.
TORONTO, CANADA.
Prompt
sell
Bank.
GRANI3 RAPIDS, Mich., Feb. 24, 188a
National Bank, of Grand Rapids, located
HARVEY
MIDDI^ETO^TN, CONN.,
Ilailroad Bond.'!
First National
The First
ITEYROSSET STREET,
Jackson
§attliicvs.
Grand Rapids, in tlie nutate of MlchlRan, is closing
up its affairs, its corporate existence, having expired
on February 24, 18S3. All note holders and other
creditors or said association are therefore hereby
notified to present the notes and other claims against
the association for payment.
BANKERS AND BROKERS,
BANKERS AND STOCK BROKERS, E.
«lal Bills
The
DEVONSHIRE STREET,
BOSTON.
E.
& Co.
at
Wilbour, Jackson
C.
'WitBtj^M
Co.,
Chahles H. Sheldon, Jb.
Bknjajiin A. Jackson, William Bjnney, Jr.
sell Sterling
W.LAWSON,
&
Joshua WiLBonn,
52
a
fur-
iltoek
Stackpole,
Exchange.
Private Telegraph Wire to
North America,
No. 62 TVAI.!.
Buy and
&
Co.,
and information
nished.
N. Y. Correspondents— McKim Brothers
sold.
Dealers in Commercial Paper, Government and
other flrst-claas Bonds and Secmities and ForelgJi
OF
British
Hawley
PROVIDENCE,
Bank
and
RANKERS,
&
Sterling Exchange.
Asents in New York:
Correspondence solicited
RANKERRS.
Brandon.
Daalers in American Currency
other inrtttinenls boiiglU
Parker
&
BANKERS AND BROKERS,
RAIiTIinORE.
INVESTMENT and VIRGINIA SECURITIES
.
Correspondence m fifed.
Orders executed at Boston and Xew York
Exchanges, of which tee arc members.
No. 60
TRANSACT A GENERAL DOMESTIC AND
FOREIGN BANKING BUSINESS.
dt2)osils subject to eheck.
F. A.
Sons,
specialty.
84 Devonsliire & 20 Water StB.,cov.opp.l'.0.
Interest
7
Wilson, Colston
Dealers In Municipal. State and hnin-oad Bonds.
ROSTON
No.
&
BANKERS,
SOUTH STREET,
BALTIMORE,
Co.),
No. 40
HEAD OFFICE, TORONTO.
BSANCHES:
Sweet &
Robert Garrett
Co.,
BANKERS AND BROKERS,
._„„,.
ABOntB.
Buy and sell Sterling Exchange, Francs and Cable
Tninfifers; grant Commercial and Travelers' Credits,
available in any part of the world; issue drafts on,
and make collections in, Chicago and throughout the
&
Dupee
(Formerly CnAS. A.
BUCHANAN, ©eneral Manager
NEW YORK OFFICE,
59 & 61 TI'AI.Ii STREET.
Iiondon
Dealers in Maniclpal, State, Railroad
and United States Ronds.
Perkins,
BALTIMORE, Md.
Special attention given to the necotiaiion of Foreign Bills of Exchange, Collateral Loans and Commercial Paper.
INDICATORS AND TELEPHONE IN OFFICE.
ALSO,
Bank of Montreal.
BANKERS AND BROKERS,
German Sc South Sts.,
Tr. Corner
P.O. Box 397.
BOSTON STOCK EXCHANGES.
©atiadiati gmxlicvs.
Middendorf, Oliver & Co.
S.
MEMBERS OP THE NEW YORK AND
RUSSr*.
J.W. MIDDENDOKF, W.B.OLIVER, C. A.ALBERTI,
Members Bultimore Stock Exchange.
IN-
gtooki aad Bonds bought and told on Commission
Defaulted Bonds of -Missouri Kansas and Illinois a
Spocialty. Good Investment Securities, paying from
4Jj to 10 per cent, for sale.
Keferoncos in New York, by permission. Cliifk
Dodge & Co., 61 Wall St.; Hatch & Foote, 13 Wall St.
References in
St. Loula.
Banks generally.
:
:
THE CHRONICLE.
Maiicii 34. 188'i.j
^vust iCompinnUB,
N. W.Harris & Co^7 The Brooklyn Trust Co.
of Uinitwue «
Brooklyn, N, Y.
INVKSTIHENT BANKERS,
ThlsCommny u
Cor,
DEAUnORff BTUEKT,
No. 170
CHICAGO, ILL.
Un V nC
Writo
lion,
tin
Town, School
Trust Uuught Rnd Hold.
Buil i;ur
entire Inauat n>c«lrM speoUl atten*
If jrou wImIi to buy or sell.
Montana National Bank,
UELKNA,
in.
(Tcimpaulcs,
il'c.
Konds
ol"»i«retysliip.
lUCLITY A. CASUALTY CO.
SEW
OF
TORE.
*»»ctt
CM AS. It. alXltTlN,Tios-Prestdent.
TKUSTEWI:
money.
John
'
P. Kolfe,
Cha.H.Manrln, Henry K. Sheldon,
K. F. Kuowllon,
JoKlah (>. Irf'W. .lohn T. .Miirtln,
v ...
11. K. IMemniont, Alex V
n-. Corlles
White,
.M,
A.
A!
.
tfrois, Clin
moderate
obtain security from this
Companr
at
V.
M. KiriiAKi)!!, Prest, .Iobn
.V,
National Park Bank
NEW
OK
314 ac 216 BROADWAY.
ENTIIANCK THROUGH THE BANK.
UXJTED BAXK BUILDINO,
Cor Wall Street and Broadivay.
S .A~F~E S
OF .MOST APPItOVKD CONSTRUCTION FOR
Bankers, Urokors, Merchants, &c.
IX THl
Cor. W^llUam
Excbanse Place,
St. tc
BIIRUI.AK AND FIRK PROOP.
Guarantee Co.
AUKX. T, Galt.
8in.
NEW yOUK
63
OFFICE:
WILLIAM STREET.
FIRST-CLASS
17 ISasaau St., New York.
C.4PITAI,, 91,000,000.
PAID UP
WAl.TKK
J.
HItriTIN. Seoretarr.
AMERICAN
FINANCE COMPT,
5 & 7 Naiiaau Street, New York.
31 Sootli Third Street, PhlladelpblaPortland Block, ChlcaKO.
Capital stock,
-
•
•
91,000,000
SOUND INVESTMRNT BECURITIES fumUba<
to Corporate and Private Investors.
CAPITAL FUBNI9UKD OB PROCURED
foi
Railroad Companies lUTlng lines noder constmctloo
and their bonds purcbaaed or ne^ottated.
FINANCIAL NEGOTIATIONS
conducted
foi
Towns and Cities, and for Railroad Comand other Corporations.
WUJ.COXDUCTTHB FINANCIAL REOROANIZATION
tlons
17
DEALKUS
FIRST-CI^ASS
1TIK9 on Commission.
WILL BUV OR SELL DEFAULTED BONDS or
Bonrert them Into Intamt-paytng Inrestmenta.
Circulars and other lafonBatlon famished on ipyllcatlon.
JOHN
C.
U-TI. P.
SHOIIT, President.
WATSON,
Scc'y and Trea*.
Stocks.
E.
Insurance Stocks.
Bailey,
S.
PINE STREET.
7
DKALINOB ly
INSURANCE STOCKS
A SPECIALTY.
Cash paid at once for the atxtye securities or they
be sold on oommlselon. at seller's option.
;
will
DESK Boon TO
I,BT.
M. Gillespie
J.
I NSURANCE SCRIP, Ac ..
HASOVEK
NEW
ST..
YOKK.
of N. T. Prodnoe and Blarltlme
No. 4
Uember
L. Grant,
BROADWAY
NEW
YORK.
CITT RAILROAD STOCKS * BONDS
BOUGHT AND SOLO.
In this n*n»r.
Investors.
BROOKLYN AND NEW YORK
SECLRITIKS.
B. BEEKS, city
16 Court at,
NEW
BROOKLYN.
bonds.
OAS STOCKS.
BAILBOAO
STOCKS
81 Pine St-
YORK.
IN
IXVESTME.XTS.
un CuairolMloo, for awh or un mar>
KtD.all seciirtlles de<ln at th* Maw York 8to<k
EXCh&UKn.
Interett allowed on dally balaoeea.
All depofllu subjuct to chock at sttfht.
Particular attention to orders bj mall or telc-
Buj and
3«ll
J. P. WINTRIVGIIAIH.
OAS, INSURANCE, BANK STOCKS,_&a
attuk auction hsim
36 PINK STKKKT, H. Y.
sicuarriKs Bot/uixr
Send for
Circular.
^raph.
TUB WESTERN
H. Smith,
Mortgage Co.,
STOCK AiVD BOND BROKER, Farm
LAWTRENCE, KANSAS,
Fred.
20
BROAD STREET, NEW YORK.
Railroad Secnritles a Specialty.
Intlnmle knowledge of all for post Bfteen year*.
Information cheerfully fflren. Inrestorsor dealers
wishlnif to buy or sell are Invited to
All stocks dealt In at New York Stoeic
ried ou auirKlns.
communleata.
Kichange eai~
07ers to Inyeslora tbe b^st secnritles
KIRST
STOCKS
PXBK
.
„ P KKINftiJ«?'«iS^«
.
WARNK-Vlce-tYeeU
L.
B.
r. HABT AadHac
CBA8. W. QILLXTT, TiMl.
BONDS
ON
WEDNESDAYS AND SATURDAYS.
No. 7
II.
Beers, Jr.,
Secnritles, City
MliLLER
FINE BTKEET,
&.
SON,
NEW YORK.
Bonds
Gaa Stoeks, &«.,
1
NEW STREET,
NBW
REOULAR AUCTION
ot all olaMes of
STOCKS AND BONDS
ADRIAN
Brooklyn
No.
At Auction.
SALES
I
ji>aXcs.
and
TUe Undersigned hold
markrt
In the
MORTOAOK LOANS UPON IMPKOVKU
FARMS. Interest and principal paid on day of laft.
turjty In New York. Funds promptly placed. Laria
ext>erience. No losses. Send for otrcnlar, references
forms. K. M.
N9, President; J. T.
nd sample
j:
N. T.
Auction
of Railroad Companies and other CorponIs In the hands of Recelrer* or
WILL BUT AND SELL INVESTMENT SECUR-
Bank
FRANK
Sistare's Sons,
MA!4e»Al' ST.. NKW YORK,
whoso property
Trustees.
i
uiitl Cable Sloekn.
TRl/ST COS.' STOCKS.
To
Investment Bonds.
Conntlea,
IMUiIes
when
IVOYEei,
See qnotatlona of City Ballroede
Metropolitan Trust Co., Geo. K.
Designated us a leiial Depository by order of Supreme Court. Uecelve de)MM«its of lufiney on Interest,
act MS llBial or tninsfcr aKCnt, or trust en for corporations and accept and execute any leifal trusts from
pepons or corponttlens on as favoruble terms as
other simlla r companlea.
TH(),\1AS lllI.MIOUSR, Preslder...
FKKDKKk; I>. TAI'PK.V. Vice-President
nrtea,
Telci^rHph
H.
REED & HURLBUT,
Kuwauu Kawlinos.
New Yokk UlnEcrou.a.-.Ioscph W, Drexel, a. 1..
Tiopklns, H. Victor Nowcoail), John Paton, DanU I
Torrance, Edw, F. WLnslow, Krastus Wlman.
TanuKiU no oUier buslneu.'
market
NASSAU BTBEn*.
No. 14S
BROADWAY.
No. 178
full
C
No, 21
Jttwcstmcuts.
OF NORTH AMERICA.
875000
payment at
^WM.
Co
Bankers' Safe Deposit
Undor the National Bank of the State of New York.
»,S00.000
In
VOUK,
rioAds of Sixretysliip
Deposit wltii InsuruQce Department
200,000
President
Manafring Director
token
OAS STOCKS.
The
State Safe Deposit Vault,
Cash As»ets urer
KKW YORK.
DBPACLTKD SKCVMiTIiM
or
DEPOSIT YOUR SECURITIES
•Cash Capital
KIRK,
8TIiE£T,
UrAI.KK IK
T. Stranahan, A. B.
Jlnll, .\. s. Ilaraes, s, u. Chittenden, H. A. Unrlbnt,
W. o. Low. IJaTid Dows. J. 1). Vernillye. Alex.
Mitchell. Wm. M. Klehards.
Tlie
B1U)AD
No. «
BY
*
CIT¥ RAILWAY STOCKS.
J, s,
KOR OKFICEKS AND KMPL0T1JE8 IN
POSITIONS OF TRUST.
8 A Lit
Safe Deposit Vaults
Wm.
M. Crank, ?ec'y,
II. Bi.ACK and W. Uakvet l.tr.. Inspectors.
DiKtnoKs-UoorBe T, ilope,U, O. Wiiliauis, Geo.
8,Coe, Charles Dennis.
FOR
TOBEV
Ilcposlt (Compiiuks.
Charlies,
he t>:.niis of this Companr are accepted by the
courts uf the ^tate of New V ork.
Full lnformatlr>n as to details, rates, Ac, eaa be
obtaliied on application to head oBce, 1T» Broad'«
ft Per Cent to 7 Per Cent
PER ANSVU OH AMOVXT IXrjiaTMD.
rnwell.
'-retary.
RAILROAD BONDH.
PA VINO
UiS.
1:400,00000
«pU»l lnr«t«rt In U. 8. Bunds
260.000 00
On deposit with Insurance Department.. 100.000 00
oaiclttl.4 of Uunks, Uullroud.i and 'I'mnsporttttlon
rompanies, Manuncrs. Secretaries iitid Clerks of
l*\ibtt« Coiiipttnles, InslUuiluns ana CoOiiuerciiil
<
sray,
for
$250,000 js»;ifc
;i'vnst
;
Investment Bonds.
FIRHTCLASS
<'i:iiniu)ie inHtitntiona, and persons
uniii'cuKtoniiKl to I he tranMitloo of bnaliMae, will
Hn<l thl^i'onipany inuifeaadMniTenltnt depository
Sanjfor.
Jas. H. Ci ItllAN. .Va-;
A. Biio»i)w.«TEn.Pre8t. A.G.CLARKCVr-Prast.
K. :iiiAui-E. r«ahl«r.
I
.»!«• ".
Ht<li»!<"<i- "f'l
Henry
IIMTEI) STATES DEPOSITOKY.
«'.
nnthortawd byapeokU oharter to
act aa receiror. Inintee. nsnttaui, WMOtor, or administrator.
It uui tirt II. ;i,rot>t in tlie sale or imuiagendnt n
roni
vidands, recelT
reu''
" purchase and
Alex.
T.
Caiiitnl,
sts.,
'
suit*, Comitr. city.
lt\J i> I/O,
The fumlInK nf
(nfulon
*t)ccUil InvestmentCs
Sec.
Schuyler
TORK.
N.Warren & Co
SI Excbanxe Place.
INVESTnENT SECl'BITIES.
C.ly RaUrowS. Gas, Beotilo
U(M -at MHi
i
n iai
Wi
THE CHRONICLE.
Ji:ircx:lal |ttt)jestmetitB.
^Ijcclal ^MMtsttiuntB.
^inatxciitX.
Mortgages on Farms
March Investments.
THE
GEORGIA PACIFIC
A^rD
Kansas City Real Estate,
NETTING SEVEN PER CENT
Semi-Annual Interest to Investors.
We negotiate Loans on Improveil and productive
farms in the best portions or Kansas and Missouri,
worth from three to five times the amount loaned.
Aclinowledged to be the most SAFE and PROFITABLE form of Investing money known.
In an experience of many years and loaning two
million dollars, not one dolhir lost.
Wo assume the responsibility of MAKING ONLY
SAFE LOANS of collecting the interest and principal and remitting to Investors, FKBB OF CHARGE,
and in Ciise of any trouble or delay in making such
& Sioux City (111. Cent.), 1st, 7s, 1017,
Pittsburg Con. and Equip. 7s, 1913.
Jeff. Madison & Indianapolis RB. 1st, 7s, 1909.
St. L. Vandalia & Terre Haute guar. 2d. 7s, 1898.
Iowa
Falls
Clev.
&
Chicago & Grand Trunk Ist, 63, due 1000.
Grand Rapids & Ind. Guar. Land Grant 1st
7s,
THE RICHflOND & BANVILLE
Columbus, Ohio, 4s.
St. Louis Gold 6s, various dates.
CHAS.
STREET.
rwith A. M. Kidder &
AGREEING TO STAND ALL EXINVESTORS FROM LOSS.
TITLES GUARANTEED. ALL FONDS PROMPT-
Co., Bankers,)
DUE
collections,
PENSE
and aillKLD
H. P.
MORGAN,
GENERAL AGENT FOE NEW ENGLAND
N<>. 3 Cnstom House Street,
PROVIBENCE, R.
OB
JARVIS, CONKDIIV
I.,
&
€0.,
LOAN BROKERS,
KANSAS CIXY, MISSOUKI.
The New England
Mortgage Security Co.
OFFERS FOR
SAIiE
5 per cent 20-year Bonds, $1,000 each,
SECURED BY FIRST MORTGAGES ON
IMPROVED FARMS.
Guaranteed, Principal and Interest, by
A
43 ]mi.K STItEFT, BOSTON.
DIRECTORS.
Hknhy Saltonstall, Austin Cokbin,
Baxtku Upham,
Oilman S. moulton,
Charles L. Flint.
VICE-PRESIDENTS.
Thomas WiGGLEswoRTn, Geo. c. Richardson,
John Webster,
Blisha Atkins,
Amos T. Frothingham.
B. Bllerton Pratt,
1. D. Faknsworth,
J.
CHARLES L. FLINT,
BREWSTER,
J. F. F.
&
Prentiss
new vork
mONTAGUE
ST.,
Wall and Pine Street
OFFICES TO EET.
AND ALL
KLlfDS OF
BROOKLilTN SECURITIES
DEALT IN.
£EB GAS QUOTATIONS IN THIS PAPKB.
with entrance also on Pine street, having a frontage
of 24 feet on the latter, large and improved safes, and
open fire-places and grates.
Also a suite of offices on tlie third
elevator.
fioor,
Apply ou the Premises.
TO LET.
ENTIRE SECOND FLOOR,
ALSO OTHER OFFICES,
ST. NICHOI-.VS BUIliBING,
No. 7 Wall Street.
THE
TO LET.
ENTIRE GROUND FLOOR
Of Building, No. IS WII.I<IA]TI
ST.,
N. E. Cor. of William and Beaver Streets,
OPPOSITE SITE OF
NEW COTTON EXCHANGE
Suitable for Instrriince, Banking or Cotton Brokers,
otace.
Apply at Room 6, 18 William Street.
FRANCIS SMITH &
CO.,
VICKSBURG, MISS.
COLUMBUS, MISS.
%utcxtst
DIVIDEND
14, 188a.
No.
63.
capital stock of this Company, from the net earnings
of the three months ending March 31st inst., payable
at the ofQce of the Treasurer on removal of legtii restraint prohibiting such payment, on and after the
sixteenth day of April next, to shareholders of record
on the 20th of Mjirch instant.
The transfer books will be closed at 3 o'clock on the
afternoon of March 20til inst., and 0l>ened on the
morning of the 17th of April next.
R. H. ROCHESTER, Treasurer.
PANABIAN
PACIFIC RAILAVAX
V^COMPANT.— The Coupons due
on
April
1,
Richmond 4. Fort Wayne Stock.
Bouaht by WM. K. IITLKV,
no 31 PINK ETKKBT, NEW YORK
Cinoiniinn
P.
Wescott.
C. Chew,
TEXAS RAILWAYS,
&c.
Investment con•
Company
Central Trust
St.
CAPITAL, $1,00M00 in U. S. Bonds.
with $1,000,000 SURPIiUS.
Allow* IntereH on deposits, returnable on demand,
or on
If a
spciHf didates.
ICKJil deirositGiy for money paid into Court.
Is
authorized to act as EAOfutor, Administrator, Guardian, or In aTiy otiier po.sitiun of trust.
Also as Reniftrar or Transfer Atrent of Stocks and
Bonds, and as I'nisteefiir Railroad MnrttrHjfes.
K. SPAUI.[)1N(;, Prc'sldeut.
FKKDKKICK P. OLCOTT. j\ice-iiesiaonts.
i yirp P.fiHldont«
n. B. SHhJKMAN,
HKNKV
H. p. BABCOCK". Secrefnrv.
A3si:;tant Secretary.
BOARD OF TRUSTEES.
Class or 1885
Class OF 1S88.
D. Babcook, David Dows,
N. Phelps, Godrire W. Lane.
Benj. B. Shermuni
Jjie'bD. Vermilye ,lno. Thorne,
Wm. Allen Builer Amos R. Eno, J. PieTjfoiit Morgai
1884.
A. A. Low.
S.
Fred'IcH.Cossltt,
1.
Percy R. Pyne.
(JnstV Schwab Chita. LuTjier,
Win.IL Appleton J.P.Wallace, <Teorge I. Seney,
Ertm. W. < orlios, .To.sialiM.I'iske ChHS. G. Landon,
Geo.liacC.MUIer. H.F.SpauldiiiR Wra. H. Webb,
CornellusN.BllaaJj.8. Kennedy, Fred. P. Olcott,
Geo. F. Peabody.
Spencer Trask.
Spencer Trask & Co.,
BANKERS AND BROKERS,
If88,
'THE OREGON & TRANSCONTINENT-
Brooklyn I'.'icvated KU. Securities.
American Cable Co. Subscriptions.
Midland Railroad of N. J. Securities.
Chicago & Grand Trunk Rli. Securities.
Bouth Curolinn RU. Securities.
Grand Rapids & Indiana RU, Stock.
Broadway
J.
WALL STREET, NEW YORK.
No. 7
Class op
International improvement Co. SubscriptionB,
Wisconsin Central RU. Old Land Grant Bonds
Joseph &. Western RU. Stock.
Joseph & Paciflo RR. Bonds.
City of St. Joseph Mo., Old Bonds.
Stkphes Cahoonk, Jr..
Wm.
Member N. Y. Stock Exchange.
mid §imtUmXs,
St.
Connty, City <t Town Bonds ol West. !^tate>
~Bt.
Wescott,
No, 82
GOTERiVMElVT BOIVDS,
C.
the First Mortgiige Five Per Cent Laud Grant Gold
Bonds of this Company will be paid on and after
.Monday, April 2, 1883. on presentation at the olHces
of the Company in Montreal or London, or at the
ofQce of the Company's Agents,
Messrs. J. S. KK.'^NEDY & CO.,
No. 63 William Street, New York.
Chahles Dni.vKWATER, Secretary and Treasurer
MONTGOMERY, ALA.;
Sc
OEOIKiB yUEK-UAN,
8 % First Mort§ragres
INDIANAPOLIS, IND.;
Street
Bonds.
Scrip.
&
Cahoone
New
lata.
& Dayton
& Texas
Missouri Kansas
No. 3
Ists,
Indiaaa
OF 2^EW TOEK,
15 Nassau St., Cor. of Pine
The Board of Directors have declared a quarterly
dividend of One and Tltree-fourths per cent upon the
For security, profit, income and area, these afford
the most desirable income security in existence.
These investments are made under our personal
flupervision, and are only to bo obtained during the
Winter Months. Send for circular.
Louis
St.
& Northern
BONDS, LANDS,
UNION TEIitlGRAPH
WESTERN
COMPANY, New York. March
WORTH THREE TIMES THE LOAN.
&
Deflirable Texas Securities for
st ictly on hand.
Cttrus E. Staples.
Member N. Y. Stock Exchange.
ON
SXR£l!:X.
WANTED:
Indianapolis
with use of
Ozo. H. Prentiss,
COTTON PLANTATIONS,
NASSAU
17
Bonds and Investment Securities
COMMODIOUS OFFICES on the FIRST FLOOR OF SiOCKS AND INVESTMENT SECUEITIES
TIinE I.OANS NEGOTIATED.
56 AVAIil. STREET,
OAS STOCKS
Street Kailroad Stocks and Bosads,
R. TRIGG, Treasurer.
Albert E. Hachfield,
THE WHOLE OR PART OF THE LIGHT AND
BROOKLYN.
OAS SECURITIES,
wm.
Cincinnati Ilamilton
No. 18 Broadw^ay, Newr Tork,
AND
308
For further information apply at OfQce of the
Company, No. 20 NASSAU STREET, New York.
Joliet
President.
Treasurer.
Staples,
No. 11 walij street,
ROAD.
offices,
m. M. VAIL.,
its
Interest Coupons payable July 1 and Jan. 1.
Bonds registered to order or payable to bearer at
option. These bonds are commended to the attention
of the most conservative investors, as they are believed to be as perfect a security as can be obtained.
pamphlet with full information will be sent on
application to the company's office.
18SUS LIMITED TO
PER MILE OF COMPLETED
both laxne and small, suitable for
Banking, Insurance, Brokers, Lawyers, and other
business purposes, are still unlet in this magnificent
building, situated on Broadway and Beaver Street,
opposite Bowling Green. This building is so thoroughly flre-proof that the owner has no insurance
thereon whatever. The builer-room is outside and
separate from the building, which avoids all danger from explosion. Every office is well lighted and
ventilated, and the plumbing work is on an entirely
new system, and so constructed as to exclude sewer
gas and noxious odors of every kind, and every office
is abundantly supplied with pure spring water from
an artesian well on the premises. For rent and particulars apply in said building to
CAPITAI. STOCK OF $1,000,000.
1892.
$10,000
Welles Building.
Some
IN
Interest Payable January and July.
^o %ct
PLACED. Write for circular and full particulars,
amount you would wish to invest on satisfac
tory evidence as to securities, titles, &c. Address,
stating
EX-
TENSION COMPANY OFFERS FOR
SAIiE AT 82 1-2 AND INTEREST A liimiTED NVMBER
OF THE ABOVE BONDS,
WIKG,
T.
No. 18 WAIiI.
Cent Gold Bonds
Six Per
due 1902.due 1001.
Cincinnati, Ohio, 7-30s,
'
RAILWAY COMPANY'S
FIRST mORTOAOE
1899
Columbus & Hocking Valley 1st, 7s, 18B7.
Columbus & Hocking Valley 2d 7s, 1892.
;
I/T
XXXVI.
[Vol.
AL COMPANY, NEW YORK, March 15, 18S3.
A Quarterly Dividend of One and One-half i)er cent
diaper cent) on the capital stock of tills Company
will be paid on and after April 16, 1883, at the otUce of
the Farmers' Loan and Trust Company.
"lO
Broadway,
New York
City.
Transact a General Banking Business
Stocks Bouglit and Sold on Margins.
Interest
Allowed on Deposits.
Branch Offices,
-*-
The
and
transfer boolis will be closed
reoiien April 17. 18R:).
C. A.
SPOFFORD,
March
31, 1883,
Assistant Secretary.
Connected by rrivate Wirei,
PHiladelpliia, 132 So. Third St., C. F.
Albany,N.Y.,65
Fox
& 67 State St.'W.A.QEAVEs
Saratoga, N. Y., Grand Union Hotel.
011tttttJ*
AND
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATB3
rEntered, aooordlng to sot of Congrem, In the year 1883, by
VOL.
Wm.
B.
Dama A
Co., In tbe office of the
SATURDAY, MARCH
36.
24,
LtbrarUn of OongreM, Waahlngtoo, D.
C.|
NO. 926.
1883.
CONTENTS.
being reduced to about 18 millions on 50 millions capital,
and since then having been further reduced until now the
Withdrawal of Bank Cironla320
St. Paul's Floating Debt
holdings are only about 17 millions on same capital. Thtia
tion
323 Monetary and Oommorcial
The Financial Situation
3:^1
EnulUh News
330
the opinion prevailing among banks in this city finds clear
The Wabiiah System
327 Commercial and Miscellaneous
Retaliatory LogUlatton IllasNews
331
expression in their taking or keeping out 'so much less
trated
323
THB BANKEE8' GAZETTE.
currency than they are entitled to.
Of course they
THE OHBONICLB.
Honey Market, Foreign Ex-
Quotations of StocksandBonda 333
Kailroad Earnings and Bank
change, U.S. Secarltles, State
and Kailroad Bonds and
Stocks
333
Bange In Prices at the N. Y.
Stock Exchange
33t
THE COMMERCIAL
Commercial Epitome
311
341
Cotton
have not heedlessly thrown away an evident
336
Returns
act as they think
National Bank Returns
337
Inreatments, and State, City
and Corporation Finances.. 333
|
I
These, however, are results under the laws as they stood
TIMES.
previous to the late repeal of the tax on bank capitaL
317
318
Breadatutts
Dry Qooda
The naked
figures then showed, with interest at 6 per cent,
a smalt profit on circulation
Cbvouicle.
*^Jxt
Thb
Comxbbciai, asd
iViwe
i
Finarciai,
Crbomclb
publithed
is
in
Kew York, N. Y., aa 8eco9d.olass mall matter.
TERMS OF SUBSCRIPTiON-PAYABLE
\H
;
but the risk of losing a part
premium on the bond, also the disadvantage of
having the capital which covered all of the premium and
ten per cent of the bond locked up from active use, and
of the
York wery SaiurdoA/ morning,
Entered at the Post Office,
they
profit;
best for the interests of their trust.
is
1
the
ADVANCEi
On page 337 will be found the detailed returns, by States, of
the National Banks, under the Comptroller's call of December
Previous returns were
30, kindly furnished us by Mr. Knox.
published, those for October 3 in the Chkojucle of Noyember
18, page 563, those for July 1 in the issue of August 19, page
210.
WITHDRAWAL OF BANK CIRCULATION-
little
extra expenses incidental to circulation which
made up in the judgment
bank managers, more than enough of loss and risk
balance any such apparent gain from the investment.
cannot be precisely measured,
For One Year (lucluding postage)
*10 20.
For Six Months
6 10.
do
Annual subscription In London (Including postage)
£2 7s.
Sixmos.
do
do
do
1 Ss.
Bnbsoriptions will be oontinned nntll ordered stopped by a written
order, or al the jmbliealioti office. The PublLshers cannot be responsible
"
tor Remittances unless made bv Drafts or Post-OtHce Money Orders.
WILLIAM B. DANA. )
WILLIAM. B. DANA Ic OO., FnbUshars,
79 ft 81 William Street, NEW YORK.
fOllS 0. FLOXD.
i
Post Office Box 958.
of our
to
To show, however, how
the case stands to-day, let us take
as illustration circulation issued on 3 per cent bonds coat-
ing the bank say 104.
,
On
the bonds the
Government
and
bank.
The
allows an issue of 90 per cent of their face in notes,
pays, of course,
per cent interest to the
3
item given, in the statement below, of $8 1 cost of redemp-
Washington, we take from Comptroller
Knox's evidence before the Finance Committee in January
1881, when the bill for refunding the national debt was
tion of notes at
before the
Senate.
The Comptroller then
stated
that
years the average cost of the total
redemptions of national bank notes had been " about nine
during a period of
five
Our remarks last, week with regard to the tax remission
on bank capital and its efiect upon bank circulation and
upon the demand for Government bonds, have elicited one "one hundredths of 1 per cent, or $81 a year for a bank
" with $90,000 circulation."
The account then for an
or two suggestions which make a return to the sul-gect
desirable.
No one questions the correctness or importance organization with $90,000 circulation would stand as
current interest being at 6 per cent.
of the point we made, to the effect that the repeal in follows,
InUrttt receipts, with inlcrcsl 6 per cent—
.question takes off one-half per cent from tbe profit hereto-
—
Jore inuring to bank-note circulation.
The only
Bank invests $101,000 and
inquiries
that have been made, relate to the position this change
Jeaves the bank in
of
—
and
circulation,
its
(1)
with reference to the profitableness
(2)
with reference to the impedi-
we rather assumed than demonstrated that
now no profit left in taking out circulation. It
Last week
is
very
difficult to
of national notes.
banks
measure
in exact figures the entire cost
Among
the majority of
$3,000
$90,000
i^;M the 5 per cent redemption fund
4,500
The bank,t hercfore, also makes 6 per cent Interest on.
$85,500—S, 130
Total interest received by bank on bonds and circulation
.ments in the way of retiring bank notes.
there was
gets $100,000 of 3 per cents- annual
Interest received on bonds
Ob'.ains on those bonds in circulation
New York
Deduct for tones ami ezpenses—
Tax on circulation, 1 percent
Cost of making redemptions
Annual average loss of premium on bon.ls
Total losses and oipenses to bo deducted
,
$8,13«>
$900
81
1
,000
$1,981—1,991
—
$6,149
Leaving the net annual resolt on investment of $104,000
prr cent
If tbe $104,000 had been kept by bonk and loaned at
f<J,240
It would have realized
two or three years, that, situated
as they are, there was not enough money in it for the
risks assumed; and since the latest rise in the value of Dank, tiiereloro, actually loses annually by taking out circulation
$81
bonds consequent upon or following the conversions into
C7* The la bonghl at 120 would not $116 anneal pnllt on erarr
bntis of a Hiptr «<nl
3 per cents, this has become a more decided, active feeling, $90,000 of circulation taken out, reeUonid oh the
wwrket—oa. a 7 per cent market the lot* would be $329 on evciy $90,000
the total circulation held on the 30th of December, 18S2, of circulation, ai-d thU tost vxrcasct <u the inltrut rait ritti.
it
has been
felt,
for
THE CHRONICLE
324
This statement shows a clear net loss to the bank of
"
[Vol.
exchange can be made without prejudice
iXXVL
to the
United
word "may" in this section is to be
" shall" (as might be urged, since
interpreted
meaning
three
as
If
the
costing
104.
bonds
out on three per cent
it
granted
not
is
privilege
by statute) the bonds as called
it
a
and
is
years
in
three
redeemed
are
per cents
probable that they all will be ? $333 more must be could be purchased and substituted at "Washington and
marked o2 every twelve months, making the annual loss the three million limit per month exceeded to the amount
Still, if withdrawals should become active
$424. Then again if the investment is made at a place of the calls.
$91 a year on every
$90,000 of circulation
it
takes
"States."
If the
—
—
where the bank can secure
money
loaned, the loss
is
7
much
or 8 or 9 per cent on
greater
increasing as the rate of interest
— the amount of
rises.
For
its
loss
instance,
if
the ruling rate of interest be 7 per cent, the annual deficit
in- the circulation account in case the bond
redeemed
is
in
so as to exceed the limit materially,
we very much doubt
whether the Comptroller would interpret
facilitate
There
this section so as
such a movement.
one other section under which the process of
and that is section G of
is
retiring notes can be carried on,
the Bank Extension Act of July 12.
That provides for
no the redemption of the notes of extended banks and is not
note taken of the many little expenses and loss of interest probably affected by section 9 of thesari.e act which enacts
to the bank in managing and continuing bank currency the three million limit. Still, from the examination we have
and its redemption; nor is any allowance made for the been able to give it, there does not appear to be in
four years, would be $276, and
it
if
redeemed
in three years
Furthermore, in the above, there
would be $609.
is
decrease in the power and ability of the bank to attract section G any provision for withdrawing bank currency
and do busines?, through the fact of its having in every except as redeemed in the ordinary way, until at
$104,000 of its capital $19,500 ($10,000 being the 10 per the end of three years from date of the reorganization,
cent of the face of the bonds for which currency is not when the old notes still unredeemed must all be provided
If the exten(Jed banks did not desire new notes in
issued, $4,000 being the premium paid on the bonds, and for.
.$4,500 the 5 per cent redemption fund always to be kept
place of the old ones as they are redeemed, or in place of
Washington) locked up in a permanent investment and the amount remaining unredeemed at the end of the three
not responsive to the wants of customers. Thte is a years, there seems to be nothing in the act requiring thein
very important consideration to a bank officer, for in the to take them. As to the case of charters expiring in the
at
bank has to loan, lies the chief source
which draws depositors, and therefore
secures the profits to banking business.
But enough has been said, we think, to make it very
available funds the
the power
of
plain that, at the present price of
bonds, there
is
linnitation
general disposition to do
Bank
is
found in the ninth section of
E.Ktension act of last July, where after continu-
ing the power
granted by section 4 of the
1874, to withdraw circulating notes,
it
Act of June
20,
enacts as follows:
" Ffoxultcl, Tliat not more than tliree millions of dollars of lawful
shall be deposited duriiis auj' calendar inontU for this purpose;
" And provided further. That the provisions of this section shall not
*'
apply to bonds called for redemption liy the Secretary of the Treasury,
" nor to the withdrawal of circulating notes in consequence thereof."
" money
It will
be seen that
this section limits action
under section
4 of the Act of June 20, 1S74, to the depositing of three
millions a month, except in the case of withdrawals under
called bonds.
The
what extent can
mentioned,
privilege
it
if
first
question
this limit
that arises
allows
?
Of
then
is,
to
be exceeded under the exception
the disposition existed to
make
use of the
course, so far as the banks
now
hold called bonds or those liable to be speedily called, this
power is not open to any doubt.
see that on the first
We
as there are none,
believe, terminating hereafter until 1884.
On
the 25th
THE FINANCIAL SITUATION.
With the exception
a very close
of
continued lack of rain in
California,
The which has passed over the northern
existed.
put upon the absolute freedom which hitherto
•existed in this particular,
the
it
we
day of February there were 297 banks, covering 71^
millions capital and 53J millions circulation, which exnow not pired and were, we suppose, all extended.
only no profit, but an actual loss, in taking out circulation.
There remains but one other question about which we
have had inquiry, and that is with reference to the rapidity
"With which national notes can be withdrawn from circulation, in case a
future, the inquiry has little interest,
attended in
many
money market, the
and a cold wave
half of the countiy
sections with snow, the
during the week have
all
been favorable
business enterprise and activity.
At
the
developments
to a
growth in
moment
there
seems to be some question whether winter wheat has not
been harmed in limited districts of the Northwest by the
low temperature, and apparently a well-grounded fear
that the yield on the Pacific coast will be shortened by
drought.
Still,
a
few days of seasonable weather
one case and of rain in the other,
these apprehensions,
and
if
in the
may wholly remove
so the early crop outlook will
be unusually promising.
Of course the stringency
in
money, the
rate averaging
probably about ten per cent during the week, has been a
check' to enterprise, and a strain on needy borrowers. But
merely a temporary inconvenience, and likely from
On Monday the Treasury
time to grow less severe.
this is
this
Department
will
anticipate
the
payment
of the April in-
This interest amounts to $7,389,-
terest without rebate.
of March they held about 14| millions of extended 3|s, 713 50, as we stated last week, and its prepayment is
and to that extent, therefore, if they desire to do so, they likely to result in the immediate disbursement of more
can probably soon have an opportunity to act under the money than could be expected by anticipating the ma.
proviso.
Besides the promise of that
tarity of the bond call.
But hitherto there has been another way in which the amount, there has already been received from Europe
same end could be reached, and the circulation retired to during the week $3,168,790 gold, two-thirds of which was
the full amount of each call if the need arose. Tl;at is, in American coin, and therefore became immediately
by acting under regulations of the Treasury Department available on arrival
and by to day the whole of the
made pursuant to section 5,167 of the Revised Statutes, week's imports will be in bank, the last payment for the
which provides that " the Comptroller upon the terms gold bars having been made by the Assay OiBce yester" prescribed by the Secretary of the Treasury, may permit day. Added to these receipts we have had at least
" an exchange to be made of any of the bonds deposited $500,000 arrive from California, with more expected
*' with the Treasurer by any
association, for other bonds of in a few days from that source, and other arrivals from
;
" the United States authorized to be received as security near-by cities attracted hither by the high rates paid,
"for circulating notes, if he is of opinion that such while at the same time, and as a result in part^of^the same
—
.
Ma noil
THE CHKONICLE.
24, 1888. J
is a partial
c&use, there
,
check
the
in
flow of currency
It
325
was the unnatural eaae of money
in the
winter month*
would seem probable that
with such gains in lawful money, with further anticipated
arrivals from Europe and with less going to the interior,
a turn in the monetary condition had been reached.
westward.
A
to
Altogether then,
produced by the ezceuivediabunementa of the Treasury
then, that has made the disturbance now.
The complaint
•hould be, if any is made, that the Department doee not
determine definitely what balance it needs, and aa near a«
money possible always keeps that and no more. Excessive dis-
it
disposition has existed to charge this flurry in
it to be due mainly
bursements at any period are jatt aa misleading and dishoping thereby unfavorably turbing to business interesU as the unexpected locking-npof
and the other party money is at a subsequent period. In fact the (ormer
the stock speculation
causes, one party claiming
artificial
to manipulation, the operators
to
affect
;
charging
the
in
an
to
it
With
Treasury.
up
locking
arbitrary
regard
while advantage has very likely been
money
of
the
necessitates the latter.
former,
will
taken by a few
and
to
We
have no doubt the Secretary
within his power to relieve the money market
his order directing the prepayment of interest was
do
all
operators for a decline of the low reserves of the banks
the wisest provision that could be made to meet the
were present emergency. Perhaps^after the first of April, when
marked up to ^ of 1 per cent commission and interest, on he obtains a clearer idea of the demands he must provide
the discovery that one or two large borrowers had for and the changes in the revenue likely to reeult from the
neglected to obtain a supply earlier yet such move- late legislation, the bond call due in May.will be anticiments have been mere incidents of the situation, pated. We see that the Commissioner of Internal Revnot in any sense the cause.
If
the reader has enue states that the receipts from July 1, 1882, to March
followed
our
record
of
the
flow
of currency 21, 1883, exceed the receipts of the corresponding period
from week to week since the first of February, and has of last year by $2,200,000 he also estimates that the
kept in mind the fact we brought out last January, that our receipts for the current fisnal year, if there had been no
easy money then was only in consequence of the remark- reduction in taxation, would have amounted to $148,625,.
ably low figure to which the Treasury permitted its 000, but that the changes in the revenue laws will casse a
balance to be drawn down at that date, the problem will reduction of $5,000,000, making the total estimated
be easily solved, and we shall find less cause to blame the receipts for the current fiscal year, $143,625,000.
Treasury Department now. To show what the banks
In foreign exchange there was an advance in the rates
have lost in lawful money we give the principal items in on Monday by one of the drawers of bills, but the move-
when
as for instance on Thursday afternoon,
rates
—
;
on the 27th of January when the reserve ment was not general, and under the influence of actiVe
comparing them with last Saturday, money and a very limited demand, they were reduced
the date of greatest depression.
again on Wednesday, being now at the lowest points of
return
their
was
at the highest,
the year, both for sterling and francs.
1883.
Loatu.
Svede.
'.Honey
1316,909,400
818.678,000
Miireh 17
tSS.gST.TOO
48,651,000
(83,351,400
17,081,100
Ha'rt
scarcely
ts,Teo,6oo
$
Decrease
65,633,000
»
19,385.800
Here we have a
more
specie and $6,270,300
of $21,656,100.
ment shows
legal
that
6.870,300
nearly 8 millions and the Treasury
total loss
of the interior move-
of
operations have ab-
sorbed about 12 millions, making 20 millions out of the
the supply
commercial
Bankers admit that the trade movement now
loss
These
that
justifies
facts
indicate however, as
money would not have been
the Bureau of Statistics for February will
of less than ten million dollars
in
show a balance
our favor.
This
To give our readers
is
undoubtedly
active
own
table of cotton exports.
the results as to breadstuils,
true,
1881-88.
unless Secretary
we have
J^bruary.
Wheat
February, and
millions,
129 millions on the
UOJ
millions,
first
of March,
and 153 millions on the
same three months of 1882. The montlily
statement since January a year ago is as follows, the last
column showing the available balance.
first
of the
78/)<8,688
9,787,893 ll«,»74,87D
7.687.4S8
88,880,330
II08,«3S
Valiia,
f
Xotmnal
3, 1882...
tVliniary I, 1882..
M:Ui !i 1, ls82
April 1, 1882
May 1,1882
Juoel, 1933
July 1,1382
1892
81 1') 112.-^16
111 077, ir9
$8,073, 174
,<)2» ,2 111
107,290
l.'i.-!
1140, 2M3
147 .334,,183
1-12,,209
891
3,814.619
11,181.888
Ut*
eu,»u
Oatf. ..„...„
Barley ^^..,
14,385
088,638
115,101
Total Taloe..
This
is
...
31!) .167
11!) .:>yj.,065
121 ,512, 719
13i), ,ijl)7,,289
131
,979,,472
148, 530,,516
,902
6,527.232
November 1, 1832.
December 1, 1892
ISiS, 701
20,860,536
Jannnry 2. 1893...
February 1, 1883..
March 1. 1983
140,185,442
140,967,925
128,044,472
28,721,531
18,703,848
12.89fi.S72
00,8*9
I6,17)>
a,mt
16,7ra,0a« 14S,481,14«
7,600,188
10.1
s
8,»to,ae6 108,877,478
1,748,808 »<.777,S1S
14,800
SJCmO*.
vnfmjm
018,108
804,739
184,786
tSe,88«88t
s
11,884.081 147,786381
*,38e,7ga
181,488
8,088
4,648
1,007,088
.180.881
tnjMM
l:,17B.18e 138J0e.638| 13,818,046 188,41818*
a very satisfactory exhibit in the comparison
movement
it
same months in previous years.
But it shows a total in February somewhat
Aeliial
Availabt*
less in value than in January, while cotton in February also
Balance.
shows
about 14 million dollars less than in January, and
.*i:t7.():t9.942
I(),l3tr.-I9,.
provisions and petroleum together probably at least one and
l."i2,9!U !I2)
147,334493 three quarter millions less, making a total loss in exports
142,208,881
138,310,567 compared with Jannary
unless there is some increase in
119,583.665
121,512.719 the miscellaneous items
of about 15| millions. Most likely
139.507,299
129,452,240 there was also a small falling off in the imports, but we do
13J,635,U4
125,U04,3mi not see how the February trade balance can reach 10
II 1, 46.1.0 !1
Now, however, that the prices of breadmillion dollars.
122,203,977
128.914.472 staffs and provisions have declined, a freer moremeat to
I
—
—
139
Angiiat 1, 1892. ...
Septtiiuberl, 1882.
1,
Bondt
Sedeemtd
but not
Matured.
.I;iiiiiiirr
Ootoher
Bat-\
JMnkiry.
S,868.«N
t
«
11.86».16:i 137.830,583
afiords with the
Date.
SMmtM.
5,318,183
586,
6,666,086
Wh't* Boor
Cora a meal
of January, 122^ millions on the
1888«l.
88,300,407
64)78.108
...bu.
Wbt-fl'r.bbla.
111^ millions on the
first
Ftbruartf.
CIORT^
QaanlUUt.
Tot. Id bDah.
gainst 137
esti-
base on the breadstufls and provisions figures
issued this week, and on our
showed in January that it had run down lower than it
had ever been allowed to stand before, being only about
of
low
of
Folger had increased his available balance. But was it
not very necessary he should increase that balance ?
We
first
a
bills.
$21,656,100 cash reported above.
This prepared the following summary for three years
seems to be a sufficient answer to the charge that the EXPORTS Of HRBADBTrFFS FOB FEHRUABT, AMD FOB TUB FIRST
MONTHS OF THREE FISCAL YBABS.
stringent money market has been due to manipulation.
total
is
is
exchange, though the indications are that the figures of
West has reached mate we
drain to the
the
21.6311,100
making a
tenders,
Our weekly record
particularly
liberal,
»
January 27 of $15,385,800
loss since
The demand
chiefly to cover goli importations, while
little
loereue
There seems to be
any inquiry from merchants.
for the
.
.
THE CHRONICLE.
326
and the March balance
likely
XXX Vt
[Vol.
management, however, is getting to be a more
problem of future prices than some
shipments is seen in the increasing supply of com- are ready to admit. While earnings can be and are
mercial bills and in the opinions expressed by leading turned on or off a given road at will, and the whole condimoney, tion made gloomy or glowing at the bidding of the
for
easier
rates
bankers that even with
gold. operator behind the scenes, the lambs may purchase, but
of
the
shipment
warrant
now
would
exchange
It appears that the Bank of England has been content to men who do not keep money to lose will not.
advance the price of bars to a point which compels a
For honestly managed roads, the future to us looks
resort to double eagles, and that this is the only efiort extremely hopeful.
Mark the excellent exhibits now
At current being made for 1882, very many of them proving so much
thus far made to check the movement hither.
rates for sterling, there is a good profit in bringing Ameri- better than anticipated. The Chicago Burlington &Quincy
foreign ports has
to be
more
set in
The
satisfactor}'.
result of
the
is
revival of
fidence in
serious element in the
can coin out, provided importers choose to take the risk of is a good illustration of this class. Its lines had been exeasier money here on its arrival but they may avoid this un- tended very rapidly, its debt and stock heavily increased,
certainty by buying in advance, at sufficiently low rates, bills and as a consequence it was feared that its showing might
with which to cover the importations. As already stated, be unsatisfactory, while its enemies claimed it would have
the arrivals of gold since the 16tb, inclusive, have amounted to suspend or reduce its dividends.
have this week,
;
We
Of
to about $3,168,790.
this,
will not appear in this week's
however, about $200,000
bank statement.
The
New
York
Clearing-House banks, according to reports collected
by us, have received from and shipped to the interior, gold
and legal tenders as follows the past week.
however, been furnished with an abstract of the income
account for 1882 (given in
shows how
which
notwithstanding
that
find
in our
full
erroneous such
We
were.
company
the
columns)
railroad
views
paid over
($5,023,599) for dividends, $3,883,789
$615,622 for taxes', $148,772 for rentals, and
carried $750,000 over to renewal fund, besides providing
millions
five
for interest,
Week Ending March 2i,
JVet Interior
Recfived by
Shipped by
N.Y. Banha.
N.Y. Bank).
$1,170,000
70,000
11,283.000
»1^,000
LOS3.»113,000
Loss. 275.000
$1,240,000
{1,628,000
I,oss.t38S.000
1883.
Currency.
Gold
Total gold and legal tenders.
Mtyvement.
it had remaining a balance to
income account on the year's operations
$631,442 for sinking funds,
credit of surplus
of $1,611,463.
It is
having increased
without doubt true that the company
stock and
debt, it will have to pay
The above shows the actual changes in the bank holdout more for dividends, &c., in the present year than in
ings of gold and legal tenders caused by this movement to
1882; but taking the funded liabilities as outstanding
and from the interior. In addition to that movement our
January
no additional increase on account of
1, 1883,
City banks have also lost $1,924,536 by the operations of
the Sub-Treasury, and
Adding
gold, $2,968,790.
above,
we have
net gain to the
and
interest
have gained by the imports of
these items therefore to the
will
its
be entailed in 1883.
Dividends on stock,
however, though they increased from $4,349,286 in 1881,
$5,023,599 in 1882, will require $550,000 additional to
the following, which should indicate the
to
New York
maintain 8 per cent on the present amount of stock, and to
legal tenders for the
Clearing-House banks of gold
week covered by
the
bank meet
it
on the basis of 1882's results there
$1,611,463 as we have seen.
statement to be issued today.
This result
allowance for a development of
Week Ending March
OutoJ Bank? Net Change in
Bank HtiJdiii^s.
24, 1883.
Banks' Interior Movement, as abovt
Sub-Treasury operations, net
Imports of gold
$1,210,000
Total gold and legal tenders
»4,208,7«0
l,924,53<i
Loss. $383,000
Loss. l,BM,53fl
Gain. 2,068,790
$3,552,536
Gain. $050,851
11,628,000
2,9BS,7B0
its
is
a balance of
without any
is
business the current
twelve months.
As to trading in securities betv/een London and New
York, there can be very little of it dene while the
exchanges remain as tbey now are and prices continue
here with so
A
fluctuation.
Utile
considerable decline
would create a demand for them, or an advance might
The Bank of America received $430,000 gold on account start a movement from London. As it is, there is nothing
of the associated banks during the week, all of which came
The following shows relative prices in London and
doing.
from Europe, and paid out $025,000 in small lots for use New York at the opening each day for leading
properties.
by city banks.
The high rates for money have served pretty effectually
Mar. 20
Mar. 21.
Mar. 19.
Mar. 23.
Mar. 23.
to curtail business at the Stock
leaders have
managed
to
Exchange
this week.
The
Lond'n N.Y. Lond'n N.Y. Lond'n N.Y. Lond'n N.Y.
check any decline, even in the face
some of the specialties have been
advanced. On Wednesday and Thursday there was a
very decided upward movement in the Northern Pacifies,
and on the lastnaraed day the tone was strong in the
morning in the expectation of easier money and relief
from the Treasury, but in the afternoon unfavorable dispatches from Washington and active money made an unsettled market at the close.
Yesterday was a holiday at the
Exchange. It is evident that the leaders have devoted their
of periodical raids, and
prices.* prices. pHces.* prices. prices.* prices. prices.* prices.
D.8.4s,c. 118-94*
lOSlO
3712
2d con. 9600
mow
120
IJ.8.S>«3
103H
Srie
37«
95«
111.
Cent. 144-38
s. y.
C. 12507
Reading 28-7at
Ont.W'n 2616
St. Paul.
101-98
119-08*
103-14 103Hi
37-30
37^^
90 00
!18-82t
103-09
120
118-70t
lOa-85
119%
37!<(
96
87-28
00-80
103
3702
S6K
em
96-80
103
06
144
14402
Ui%
144-i3
144
114-71
U4M
125J(;
123 97
28-64'
I25N;
63'^
125-50
uan
123-&1
125?.i
28-741
aiV'
2'1--W
25-89
529^
8610
25«
25-77
25)^
101« 102 22
lOlJii
101-39
lOlVi
101-64
lom
53H
25«
«
3O
63
Bich'ge.
cables.
4-84«
4-84 m;
4-84
"Ejcpressed in their Now York cquivalenD.
) Reading on basis of $30, par value.
4-84
|
Ex
interest.
attention almost exclusively to the business of holding the
The Bank of England rate of discount remains unmarket where it is, hoping that as money becomes easier changed at 3 per cent. The Bank lost £67,000 bullion
there will be some outside support, being encouraged in their during the week and gained £17,000 on Thursday.
The
liope by the satisfactory increase in railroad earnings, the proportion of reserve to liabilities was reduced 1|- per
large surplus of old crops
cent.
the fairly favorable
crease of 2,400,000 francs gold and a decrease of 5,975,000
still remaining to be marketed,
outlook for winter grain, and the im-
proving bufiness prospects.
ing,
be
if
With §uch
influences operat-
the public had fall confidence that the roads would
fairly
and honestly managed, there could be very
question as to the future of the market.
little
This loss of con-
The return
francs silver.
of the
The Bank
Bank
of
France shows an
in-
Germany, since last report,
The following indicates the
the principal European banks this
of
has gained 2,560,000 marks.
amount of bullion in
week and at the corresponding date
last year.
.
March
THE CHRONICLE.
34, 1E83.
north
JTare* S3, 1883.
aotd.
aUnr.
M
M
23.060.040
1,590
30,8I3,B01 42.537.624 34.407,220
7.861.330 23.883.750 7.093.00U
Bank of BncUad....
Bank of Prance
Bank of Germany .
32.('.2
Total this week
Total piwloii* week.
70.420,641 66.431.374 63,4ei,17»
70,394.972 06.533,838 C4.1S5,41S
.
weakling itself. To show bow the ntw
have increased its burdens it is only necstsary to mj
that in the calendar year 1882, though the compftny sariMd
less than 17 millions gross, the charge for interest, ronlals
and taxes was over
million dollars; while, on the other
inconsiderable
33. 1883.
Cold.
Bilrer.
S27
TO:^,n83
lines
<">
'J70,(.OO
hand, the ordinary operating expenses were over
9:j>.U93
711 lae
11^
millions, or almost TO per cent of the gross earnings.
The
—
—
tho heavy expenses
shows another
which the Wabash system labors under
The
094 for domestic and $975,960 for foreign bullion
great disadvantage, owing to the heterogeneous characconsignment of $215,000 on Wednesday was paid for on
ter of its mileage.
It is made up of so m iny odd and end
Friday. The Assietant Treasurer has received the followpieces that the expense of operating it becomes very great,
ing from the Custom House.
and the difficulty is further aggravated by the fact that
OmuUttng ofthe proximity of many of the lines to main or through
DaU.
Duti*$.
Oold
Silter OtrV.8.
routes makes remunerative rates on them we presume
GoW.
Notts.
Ctrlif.
liflealt*.
quite frequently impossible.
For instance, in 1882 the
$21,000 $39,000 $286,000
$60,000
Mob. 16..
#405.775 67
average
rate
per
ton
mile
per
on
the entire freight traffic
" 17...
05.000
32.000
15.000 287,000
397.670 71
" IP...
75.000 385.00"
1)0.000 of the company was only 95 hundredths of one cent, while
4»,000
692,783 77
" 20 ..
61,000
39.000 432,000
71,000
607.641 77
the Pennsylvania in a thickly settled country and sur" 31..
32.000 286,000
58.000
420,314 72
44,000
•'
22...
58,000
48,000 312,000
44.000 rounded by active competitors received as much as 87|
492,966 27
Total. $2,917,152 91
>r39l.00« hundredths of one cent on the lines east of Pittsburg and
i2b9,000 «24f>,000 2.0!S,000
Erie, and on its New Jersey Division almost 1^ cents *
ton a mile.
THE WABASH SYSTEM.
Ninety-five hundredths of a cent a ton a
The Wabash (whose pamphlet report has unexpectedly mile might perhaps pay the Wabash on a large volume of
been furnished the public this week) is a corporation through traffic, but it goes without saying that between
somewhat anomalous in character and history. It is situ- local points no such figure can at all prove profitable; and
ated in the heart of the country, and should, therefore, one though this average offers no guide as to what the comwould think, be in position to command a good proportion pany actually did receive on local traffic it indicates
of the increasiug traffic between the East and the West, clearly enough how large a portion of its tonnage is subbesides sharing in the business to and from the Southwest, ject to the influence of low, competitive rates.
Mr. IIopand in a minor degree in that of tho Northwest and the kins, the Vice-President, in the present report now states
South; the territory through which it passes is very fer- that the effort of the management will be directed towards
tile, and all the larger companies in the district are enabled
securing a gradual advance in rates. The experiment is
The Assay
Office
has paid through the Sub-Treasury $138,.
latter feature
particular
in
.
to
make
satisfactory returns to their stockholders;
the
road, moreover, unites such important traffic centres as
a commendable one and deserves to succeed, but
come
its
out-
watched with care.
There is, however, still another drawback with which
Omaha, Kansas City and St. Louis, with Chicago, Detroit
and Toledo. Yet it cannot earn sufficient to cover interest a system like the Wabash encumbered with so many
charges and rentals, let alone dividends on its stock, having burdensome lines has to contend, in addition to the
It is the only heavy charges for interest and rentals and the high perfor two years now netted an annual deficit.
will be
—
—
one among the
many companies
that have recently issued
statements for the year 1882 whose exhibit
is
disappoint-
centage of operating expenses;
yet can not confine
its
it
has a small income and
energies to developing any one avenjie
ing.
Now, why does a road apparently
so eligibly located
of
traffic,
make
a net result so unsatisfactory ?
The answer
all,
with the effect of producing only a very poor or indif-
is
not
ferent result.
difficult to give.
The Wabash
but must of necessity seek to develop them
is
no doubt true that some of
It is
—notably those
a conspicuous instance of the type of lines
roads that have been growing up of
distinguishing peculiarity
—
is
late years,
their size.
and whose able
The mania
for
to
demonstrate the
because in
1882,
Chicago and Detroit
to
full
many
its
newer
— were not
measure of their capacity in
still incomplete, and
particulars
sak& of expansion alone, and that a better showing will probably be made in the
has perhaps never present year by them.
But the point is, that even when
shown itself in any corporation to the extent that it has they are complete, the company cannot give them its
in the Wabash.
The company has had a corporate exist- undivided attention its entire money and force but
Yet must extend its care over the whole vast system, so that
ence (in the consolidated form) of only three years.
during that time it has increased its mileage from 1,578 whatever good might otherwise result is lost. The time
railroad expansion
without regard to
for the
its
ultimate effects
—
—
—
debt from 35 millions to 70 will undoubtedly arrive w'aen all the mileage in the
was added to the system, to Wabash system may become profitable, for the country
" complete" it, and whether a particular line would entail traversed by it is as yet only in the infancy of its develop
a loss or not does not seem to have been seriously con- ment, and destined to continuous growth for many years;
sidered.
Nor did the company confine itself to the but unless the road is assured of abundant crops mean
acquisition of mere competing lines, or those that threat- while, this growth will prove of little avail to it, since
ened to become such, but apparently every line that in with its heavy operating expenses, i;s high interest charges,
any way came in contact with the system in fact, every and the low rates obtained on its tonnage, the lines cannot
neighboring piece of road lying around loose must be kept in proper repairs, and its treasury must remain
miles to 3,518 miles, and
millions.
Road
its
after road
—
—
and fed at its
expense.
Itself but recently released from the sheltertering care of receivers
the vicissitudes through which
the old Toledo Wabash & Western passed will be remembered by many of our readers it soon became a great
infirmary for the 8ic|c of all ages and conditions, and
under the strain that this imposed is now again a not
needs be put into the
confederation
—
—
empty.
traffic
In that event,
which should go
to
compating
it.
lines will secure the
The truth
of this
remark
we hare had
will beiome apparent when we
only one poor crop, that of 1881, (to which the misfortnnee
of the company are chiefly ascribed), and yet its effect is
seen everywhere in the company's operations and accoants.
say that as yet
For
instance,
though the expenses were very heAvjr
in
18S2
.
THE CHRONK^LK
328
however not so heavy as in 1881, when
damage by floods) we find that of the 584
the possession of the company, only 238 are
[Vol.
i(proportionately
there was severe
engines in
reported as being in really first-class condition, while 152
are " in fair order, but may require slight repairs," 117 are
" running but needing repairs," 52 are undergoing repairs,
and 26 waiting to go into shops. Of the passenger and
freight equipment the General
say that
was maintained
it
in
Superintendent can only
" fair" condition, while by
the income account
we
of foreign cars
increasing, having been
1881, and
the
is
now being $221,000
company has
rely
to
the balance paid for use
see that
equipment.
Wabash
though,
that the
mana-
are beginning to see that in assuming
made
bold enough to declare that
a mistake. Mr. Hopkins
the events that have hap-
if
pened could have been foreseen, "the company might not,
"perhaps, have entered upon such extensive undertakings
" in the way of additional roads and equipment." Herein
lies a great deal of encouragement for the future of
Wabash. Once get a man to acknowledge his errors and
repent, and you have put him on the high road to a suc-
We may hope, therefore, that the Wabash
cessful career.
has done
now with
henceforth devote
on the
results
more
of
its
&
plored
lines
as best
affords,
many
should be
But
it
were certainly
lost
on other companies.
moment
a similar malady, only a milder form of
strong enough to bear up under
an
are
important
traffic
Wabash
There are
from
or else are
it,
Experience clearly
it.
expansion
Extensions and con-
results.
necessary,
particularly
and should be made
where
centre.
St.
to be de-
suffering
demonstrates that a policy of indiscriminate
always leads to disastrous
lines
!,674,84G
277,245
$5,186,938
328,760
Total income
$4,674,364
$3,952,091
$5,515,698
$483,255
2,657,360
514,569
$1,009,079
3,447,627
637,504
$987,608
4,302,006
809,108
Less—
Rentals paid
Interest on debt
Tax., rent of cars, &c.
Total payments
$3,655,184
$5,094,210
$6,098,720
Remainder
Bur. $1,019.180 Def.*$l. 142.119
Det. $583,022
* This was increased by dividends paid upon preferred stock to a dell'
.
Ciency of $2,472,037.
is
quite full in
its details
of financial results, but there is
one item in the above showing for 1882 which we do not
quite understand.
Interest
on bonded debt
only $4,302,006, while by the company's
the
as
amount
much as
was on February
called for per year
$4,380,082, and
is
is
given at
own statement
now reported on
Jan.
1,
1882,
1,
1883,
be $4,401,959 annually (not including interest on the
company's bonds held in its treasury).
The smaller total
to
actually charged
the
may
be accounted for by assuming that
company had some small
sidered
as
offsets
to
receipts
the
interest
which were conpayments,
and
connecting
"Wabash
so excellent a lesson as the case of the
acquired,
$1,640,763
33,601
of
railroad corporations at this
necting
Net earningsOther receipts...
it
net earnings to intersecting or
Pacific" lines.
if
3,518
$16,851,690
11,664,752
expansion, and will deducted, but as the figures stand they are certainly in
may, to securing good conflict with those given in the exhibit of its debt with
already in hand, and not assign any the interest on the same.
the policy
itself,
roads for the privilege of dubbing them
Louis
1882.
3,348
$14,467,789
10,792.943
The above gives an intelligible exhibit of the company's
more and more upon foreign operations for the three years that the consolidated
corporation has been in existence.
The report before ua
the burdens they have, they
is
in
1881.
2,479
$12,428,112
7,787,319
1882, indicating that
in
It is great satisfaction to note,
gers of the
$174,000
1880.
Mileage end of year.
Gross earnings
Operating expanses.
XXXVI.
they
give
In
such
or
access
to
case,
in-
RETALIATORY LEGISLATION ILLUSTRATED
The
case of Hamilton against the
bocker Life
Arnoux
in
now defunct Knicker-
Company, decided by Judge
the Superior Court some weeks ago, gives
Insurance
opportunity for exhibiting in a clear light a class of legislation
known
as retaliatory, of
which the public takes
little
Mr. Hamilton took out a policy for $2,500 Jan. 21,
Oa the 12ih of
1873, and died in Alabama, Jan. 1, 1879.
February following, the Legislature of Alabama enacted a
note.
law (particulars not stated) which was hostile to outside
insurance corporations.
On June
6,
1881, the
Legislature enacted a law (chap. 463, laws
of
New York
the
1881),
would be folly not to try to secure them,
latter part of which we copy as a curiosity of its kind.
and endeavor to form a continuous line under one
the act, which we omit, specify
management. But it is no part of a company's business The previous portions of
every species of favoritism which a State could
almost
to seek to devour every competing, connecting and interand then enacts as
secting road.
The Pennsylvania tried that once on a very grant its own insurance corporations,
follows.
extensive scale, and narrowly escaped going to the wall in
Wherever, by any law of any other State of the
consequence.
The New York Central (under the old United
States, it shall be made unlawful for any person
Commodore) and the Baltimore & Ohio pursued a more to do any of the acts or things herein before specified
deed,
it
conservative policy
— that of
to a given place, and letting
selves
— the
developing a particular line
the rest take care of them-
all
only correct policy
—and
when
the years of
depression came, they were in position to
weather the
storm.
It should always be remembered that with a railroad, as with the frog in the fable, undue distention
speedily brings about a collapse.
As
to the
results for the year on the Wabash,
were clearly foreshadowed in our remarks last
The net income fell $583,022 below the sum
week.
required for interest, rentals, taxes and other annual
these
charges.
This
deficit is
only about half as large as
it
within such State, for or on behalf of any insurance company not organized under the laws of such State, except upoa
terms and conditions, specified in said laws, more onerous than
those imposed by the laws of New York in like case.?, then and
in every such case no suit, proceeding or action shall be
instituted, conducted or maintained in any court of this State
to recover or enforce any claim founded upon or arising under
any policy of insurance issued by any corporation organized
under the laws of this State, where the loss tmder such policy
shall have occurred, or where the person whose life wot
inspired thereby shall have died, within the State where any
such laws as are hereinbefore specified shall be in force
at the time such loss or death occurred or at the time
such suit, proceeding, or actioa shall be brought ; and whenever, in any action now pending, or hereafter brought, in
any court of this State, any of the facts hereinbefore specified
shall be established, it shall be the duty of the court to dismiss
was such
action.
widow who sued on
was one of extraordinary hardship. Herhusband having died more than a month before the enactment
adverse feature in the late year's results was the heavy of the Alabama provocative law, the company refused
augmentation that occurred in the fixed charges. As payment, as far as appears, for no reason but that the
the summary published by us last week was incomplete, plan of paying nothing which could be avoided had been
because, seme of the items for 1882 could not then be adopted by it, in the desperate hore of working out of
in the previous year, but
is
discouraging
all
the same
because net earnings were over 1^ million dollars better
than in that year, so that it is pretty evident that the
obtained,
we
repeat
it
here
filled out.
It is
evident that the position of the
this policy
financial
troubles.
The claim
huTiflj
dragjsd along—
:
Marou
whether
THE CHRONICLE.
1» S.J
2-i,
in suit
or not
is
years, the Logislaturn of
not stated
New York
— for two
and a
half
then passed the above-
where destiny
New York
32U
calls,
without impairing right* of suit is
courts.
quoted retaliatory law, and the company had actually tba
This retaliatory legislation began in the discoyery, ia
assurance to plead this law as a bar and ask that the some State having few or no insurance companien, that
action bo dismissed.
outside companies, which come in "to carry off oar
The view
of the case taken
ance with the statement of
acord- money" were a neat resource for taxes, and required cloe«
watching.
Once began, the human nature in mankind
a policy already retorted, and made the thing spread.
The practice haa
by the Court was,
tx pott facto, applied, as in this instance, to
in
law would be
facts, that this
when
the law was enacted.
But the Court also been to enact general laws which impoae on companiea
and found that this statute impairs the obli- of each State the same burdens imposed in that State upon
gation of contracts by destroying the means for their outside companies this astonishing law go«a further, and
enforcement, and that no law can be passed which impairs attempts to abolish the courts as a retaliatory measure. !•
the legal remedies in existence when a contract was made, the great commercial States, at least, there should be intellisuch remedial laws becoming a part of the contract itself. gence enough to perceive the elementary fact that all taxea
How far this principle is to be modified under the and restrictions, wherever laid nominally, are really borne
Virginia bond decision of the Supreme Court is at by citizens of the State which imposes them, because a tttat«
the moment
not clear.
But in this case it was cannot go beyond its jurisdiction. The commercial States,
also found that the expression "shall be" necessarily which have the most companies and pay most for insurapplies to any future hostile legislation, the Act of 1881 ance, have the greatest capacity for suffering in this game
being meant as a warning, ready to take effect as to any of folly and as New York went to the full length in the
State which thereafter furnished provocation; hence, as law discussed herein, it should now take the lead in wholly
Alabama had not since passed any such laws, the Act of wiping out this class of legislation.
existing
went
further,
;
;
1881 could not apply in the Hamilton case.
Decision was
therefore given for the policy-holder.
We thus see that this Act of 1881 is loose in phraseology as well as infamous in attempt.
Whenever "any"
is established, the court in which an
brought is directed to dismiss it. The presumable and probable intent was that the law was to apply only
of the facts specified
action
is
in retaliation for laws
York towards
more
hostile than those of
outside companies; but the
literally applies the
outside companies
this law, the courts of
New York
literal
are prohibited
from entertaining any suit on policies maturing without
the State, whenever that fact is pleaded and shown in
defense.
Nor
is
this
give the following letter, thongh we do not see that it
makes oat any batter case than we did last week. Of coarse it
was perfectly proper, and very desirable, for the company to
inform the stockholders just what assets the company had.
No one has complained of that. What we took eiceptbn to.
was the attempt to make certain iDconvertible property an
a floating debt. By reading our editor! «! in connee-
oifset to
law when any other State requires of tion with this letter
"a compliance with any conditions." company has justified
All States impose conditions; hence, under the
terms of
New
word "any"
PAUL'S FLOATING DEBT.
ST.
We
If the
all.
property on which loss arises
one can readily determine
the attempt.
how
far the
To the Editor of the Oommereial and Financial Chronicle
The criticisma uiado in your laat nniubor upon the statemeot prepued
by tUo Chioago Milwaukee A 8t. Paul Railway Co. seem hardly
merited.
Yon say: "Bnt let us sec how the St. PanI reaches the result that it haa
" no floating debt except the little sum of $334,121;" and yon alao aay
" that there is a feeling that the company has endeavonxl to repreMDt
" Its condition In this rcxpert to l>e better than it really Is."
pu the contnir} instead of endearoring to represent iU condition In
respect of its unfunded liabilities better than it really Is, the oompany'n
statement gave in detail Just what constituted Its total unfunded liabilities on Dec. 31, 1882.
It was entirely proper in this connection to Inform the itookholders
wliat assets the company had that were applicable to the unftmded liabilities, and a precise statement of them was submitted.
Thus the stockholders wore furnished the Information to which they
were entitled, and iiimn which Uiey could form their own conclasiuna.
Why should any one complain I
The statement presented by the 8t. Paul Co. does not state, as you intU
mate, that It had "no floating debt on Deo. 31 , 1 882, but $.131,42«.'* Yon
will Hud upon reference to it that It contained no such expression; bat
that statement does show that on Doc. 31, 183.^, the company had on
hand in cash— materials for which it had paid rash— cash balincea due
from mlssellaneous accounts nnd agents and from sales of lanA— uid
bills reoelTable, aggregating .f<!,S26,07S, while the unfunded KabUltles
amounted to ^7, 160,502, tho difference between whlcb sums ««•
shown to be $334,424.
In view of tho gross mis-statements that were current It was mnoifestly due to the stockholders that they should be fiirnisbed with the
fucti.Just as tlii'y were ver}' clearly set out In the 3t. Paul rtatcment
,
is
located within an offending State, or
life
was insured happens
the courts of
New York
just stated, regardless of
to die
on the
if
the person whose
soil
of such State,
are closed against the claim, as
any other
facts.
Alabama,
for
example, having offended, a claim on property situated
New
York, whether owned in
New York, Alabama, or England, happening to die on Alabama soil,
though he were killed in a railway disaster while crossing
that State, suit on his policy is debarred in New York,
because he "died within" the offending State.
That
this is the intent of the law we see by the words italicized
above, which say nothing of citizenship, and can bear no
there
is
not enforceable in
Alabama or in Maine; a
citizen of Maine,
other construction.
Note, therefore, the beauty and the rude justice of
atory legislation.
Some
nating law against outside insurance companies.
must strike back.
be
hit, its
satisfied
State;
citizens
when an
The offending
are struck
individual
is
at,
a
as though justice was
punished for the acts of a
but this law strikes out so clumsily that
New York
A
New York
State having no body to
property owners and widows any where, and
'
retali-
State having enacted a discrimi-
it
hits
may even
hit
widow.
has already been introduced at Albany,
dead even without repeal and although not
yet passed upon by the court of last resort.
For this is a
case where the law is worse than those to whom it relates.
No insurance company, whose promises are worth paying
money for, would hazard its reputation by such a plea;
hence the public can own property where they like, and die
repeal
but the law
bill
is
referred
to.
In your Judgment the materials on hard Dec 31, 1882. of the value
•f $1,495,112, for which the company had previously paid, should not
be regarded as useful for the payment of an unfunded liability; nevei^
theleas the stockholders did not fall to perceive In the statement furnished, that unfunded liabilities to the extent of $1,499,112 were
created by the payment for materials that still remained on band
Deo. 31, 1882.
You hesitate to accept the statement made by the company, vis.:
" Cash due from sale^ of land $1,787,508;" bnt the oflloers of that company were fully aware that It owned maturing contracts from sales of
land amounting to Just that sum, and also that they were readily
convertible Into cash without any snorillro: indeed, the oompany haa
nirendy covcrcil Into Its treasury $1,000,000 from this asset.
The snniiuary presented was necessarily llnillcd to Dee. 31. 1882. that
dav being the end of the company's llsral year: the payment of Interest
made suliseqnently to Dec. 31. 18S2, could only appear on the booksot
the company in the year following. Thrra Is nothing new lotraduaad
into the summary recently presented; It la in exoct oonformlty to lh»
annual reports heretofore published by the St. Paul Company. Very
A
respeotfnlly,
New
YOBK, March
23, 1883.
8TocaHOiJ>B«.
—
..
.
.
'
.
:,
THE CHRONICLE,
380
BATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
MrOHANOE AT LONDON-Mcli
EXOHANOE 0N LONDON.
8.
j
Latest
On-
Hate.
Time.
Rate.
Time.
Date.
£
£
.
Amsterdam
Antwerp
Hamburg
.
3 mos. 12-413
Sliort. 12-1
Paris...
20-03
®20-G6
MciiV 5
-20-03
8-20-66
Mill.
.
....
Vienna. .....
Madrid
Bilbao
Genoa.......
Lisbon
n
....
Bomoay
....
60 days
8 Checks
25-2413
7 3 mo.s.
7 3 mos.
11-08
Bute.
Market
4-8OI3
8 4 mos.
8
Is.
b
38. Sisl.
53. OHA.
8
T=8d.
[From our o-wn correspondent.]
London. Satarday, March
10, 18S3.
just closed have been a
The leading features of the week
return to very wintry -weather and some important operations
The withdrawal-* of that co min gold on New York account.
modity from the Bank of Englandhave been f 500,000, and th e
movement has occasioned some surprise, as the American ex change has for some time past been above the gold shipping
point. It is difficult, however, to account for the future when so
vast a business in securities is in progress,'and it is now a gener-
money market,
minimum rate of discount, but the prevailing
that there will certainly be a return to 4 per cent if
the American demand for gold continues. This week's Bank
There has been a decline
return is not, however, unfavorable.
altered their
Bate.
2M
Open
Market
3H
2'A
4
2«
m
6
Ki
m
3
3
3«
6
3
4M
Hi
iH
Hi
4
33<
4
Hi
SH
5%
614
fi
Brussels
an
6H
5M
Petersburg.
s
4
an
Hi
4H
6
fl
35<
Hi
SJi
a
the gold and silver markets, Messrs.
Pixley & Abell, under date of March 8, report as follows
Gold-The demand for sold has been active this week, the inqnirleg
having been for India and America. Recour.se has becu had to tlic Bank
to fill the orders for the United States, and bars and coin to the value
of £510,000 have been withdrawn. The only arrival to report 18 the
BrtUarat, with £13,850 from Australia. The Sutlej has taken £a4,000
to Bombav.
.
,
Silver— Fresh orders for the Mint, commg on a market almost bare of
supp ies. caused a slight improvement in price, and lor this week the
rate has been 51i8d. petoz The arrivals have been £3o,000 from
Chill and £13,800 from New York. The P. & O steamer ha-s taken
£115.000 to Bombay. Mexican dollars have again reahzed 49 %d. per
oz., and lemaln tokiably steady at that quoratiou.
.,..,„,.
Kxchauge— The minimum rate auuouuced yesterday at the Bank ot
England was Is, 7!>icd. for bills, and Is. 7iiin'l- for transfers, showing a
rise of iied. aud ifld. respectively.
The quotations for bullion are reported as below
to
reference
,
,
..
:
Price of Silver.
Price of Gold.
1
ytar. 8.
s.
1
is
it
Ba iifc
2-K
influenced so
by movements in bullion, is a department of
business upon which it is unwise to place too much reliance.
The directors of the Bank of England have not this week
greatly as
February 15,
22.
Open
Bate. Market
2H
"With
Is. 7=8d.
"
94.232,000
Bank
2M
Amsterdam
St.
Mch.
Mch.
Mch.
February
1.
Open
Hate. Market
J?anfc
Hamburg:
3 3 mos.
.Mcli.
ally accepted doctrine that the
Open
Madrid
Vienna
9%d.
•
Bank
Frankfort
....
Mch.
7d.
75l6d.
lOisd.
rates of discount
Paris
Berlin
24%
mos
7 3
la. 93id.
Is.
.
BJumghal
20-4S12
.,
*'
Mch." 8 eOii'ys
.
Calcutta..
Hong Kong..
20-47
8
8
MeU.
-32358
Mch.
®2o-27i2 Mch.
a25-45
®12-12i2 Mch.
Mch.
®46
233i
Short. 25-20
3 luos. 25-40
12-10
«'
4018
"
46it ®46
*«
25-o0 ®2o-65
"
Sl^s SijUhe
Ale.'candi'ia.
Kew York
....
4,-!.
Hates of
interest at
....
® 25-50
£
4
7d.
and open market rates at the
chief Continental cities now and for the previous three weeks
are as follows. It will be noticed that in Germany the opea
market rate shows a slight advance.
The Bank
I2-O512
8 Short.
Mch.
3 luos- 25-i.5
Berlin
Franlifoi't...
St. Petcrsb'g
®12-3
S12-2
41.^.
03,6a
59] «d.
Mid. Upland cotton. .
10i4d.
9«id.
No. 40 Mule twist...
Clear-K-house retiu-n. 124.251,000 111,916,000 104,015.000
March
Amsterdain
1880.
£
44s. 9d.
6ii,6d.
lO^rt.
428. 6d.
Eng. wheat, av. price.
1831.
1882.
1883.
^outUv^i^oxamevci^l %nQlisU I^cmtb
XXXTI.
[Vol.
Bar gold, fine.
Bar gold, retin'le.oz.
d.
Mar.
s.
77
77 10^
Span, doubloons.oz. 73 \a]4
8.Am.doubloons.oj.' 73 »M
7(1
7
e.g. gold cola..
1
'
1.
d.
Bar silver. flno..oz
Bar silver, contain-
77 9
77 10>^
73 10«
73 8Ji
ing 5 grs. gold.oz.
Mexican do!s...oz
'
1
Chilian clollars..oz.
The 12th of April has been fixed upon by official decree for
resumption of specie payments in Italy. It is announced that
on and after the date named the notes of two francs and under
of only one half per cent in the proportion of reserve to lia- will be payable in silver at all the State treasuries and canceled;
bilities, the present rate biing 42}^ per cent, which compares
that Ave franc notes will also be retired as redeemed ; but these
The supply of gold now held by and all notes of higher denominations are payable only at
with 40% per cent last year.
the Bank of England amounts to £22,948,590, and of gold and certain specified treasuries, and as is understood in gold or
Should silver as required. The question now arises whether Italy can
silver by the Bank of France to nearly £83,000,000.
America, therefore, require gold, a moderate quantity can be retain its gold, and the tendency will be closely watched.
supplied from this side without materially interfering with the Probably if it flows out, some precautionary measures will be
position of the money market. An advance in the Bank rate to taken by the Government. The resumption act makes the
4 per cent may, as stated, become necessary, but that Is not a duties payable in gold unleas the Government authorizes their
quotation which would be materially injurious to legitimate payment in notes of not less than 21. The following stateThe total reserve of the Bank is now £13,816,675, ment is given of the sources whence the £16,690,000 of gold which
business.
against £13,218,065 last year. The following are the quotations the Treasury now holds has been collected.
for money and the interest allowed by the discount houses to£220,000 United States £2,920,000
£2,060.000^ Denmarlt
England
3,205,000
day and same date of the previous live weeks
90,000! Italy
2,580,000: Belgium
Franca
opinion
is
:
Interest Atlorved for
Open Marktt Rates.
Deposits by
Trade mas.
London.
Four
Six
Months} Months Months Months Months
Three
Feb. 2
"
9
® -
4
4
"
16
23
Har. 2
"
9
••
®
®
Fmir
3Ji®
—'3
—'3
3H
3
3
3
\-m^
3
|aj«g)3
Sir
- 3M®
-3j<(34
3)-S®3W3Ji®4
@
3H®iU
Joint
Stock
Banks,
Disc^nt Houses.
3)i®4
®-!s;i®3j< S)«34
25i® -|294®8M 3 ®3^
2T*S8 13 @3M 3X®3Jf
3
- 8«®
•
l2%®3
7t«14
Call.
Days.
3
3
3
3
8S<
SOi
2«
2«
2
2
2
2
3H& —3S»3H
®
At
3H
9H
2H
2H
2H
Annexed is a statement showing the present position of
the Bank of England, the Bank rate of discount, the price of
consols, the average quotation for English wheat, the price of
middling upland cotton, of No. 40 mule twist, fair second quality,
and the Bankers' Clearing House return, compared with the
three previous years:
Orculation
Public deposits
Other deposits
Govemm't
securities.
Other securities
1883.
1882.
«
£
24,881,915 24,825,140
9.417,970 9.311.030
22,«84. 167 22,873,490
13.142,018 13,2516,309
23,874,36124.708.260
Ees've of notes & coin. 13,816,675 13,218,063
Coin and bullion In
both departments.. 22,948,590 22,293,205
Projtortlou 01 reserve
4OI4
42-51
to liabilities
3 p. c.
4 p. 0.
Bank rate
Iu2i8
ICOSg
Consols
1881.
1880.
£
£
25.36S.2.50
11,564,863
21,570,087
15,862,908
21,048,313
17,741,883
26.533.345
10.808,536
25,365.103
16,489.524
21,143,701
17,093,019
29,110,133
28,616,364
48%
4678
3 p. e.
Sa'ad.
3 p.
97%
Germany
2,690,000
Austria
1,500,000
Russia..'
1,009,0001
Spain
Australia
25,000^
400,050
Total
£10,090,000
As affecting in some measure the future value of silver, we
have the announcement lately that the Silver Demonetization
Bill in Holland has received the approval of the Council of
State. It is consequently being pushed now in the Lower
House of the Dutch Parliament as a Government measure.
The reserve of coia and bullion held by the Netherlands Bank
is about £8,000,000, of which £447,000 is in gold and £7,804,000
The circulation is about £15,000,000. Their total
advances are about £8,600,000, of which about £5,600,000
The deposits are
are on bills and £3,000,000 on loans.
almost nominal. A bank so circumstanced is naturally peculiarly sensitive to demands for bullion, and this probably assists
The bill takes
to account for the measures referred to above.
in silver.
by gradual instalments.
been expressed recently by the
mercantile community at the slow delivery of the American
Mr. Baxter asked the Postmail's by the British post-office.
master General some questions on the subject in Parliament on
Tuesday, and Mr. Fawcett said that he would inquire into the
subject, with the object of ascertaining whether it would be
power
to sell about £2,100,000 of silver
Some
dissatisfaction
poseible to effect
has
any improvement by employing other
lines of
steamers in addition to those by which the mails are now sent.
A prospectus has been issued of the Dakota Stock and Grazing
:
Marcu
.
:
.
:
;
THE CHRONICLE.
34, 1883.)
Annexed
881
a retom ahowlnfr th« ntaot of th« impotts of
limited, with a capital of <350,000 in BO.OOO iiharM,
each. Th» flrtit issau l» to cuoBiat of XiaS.OOO. Tbv
of
object is to acquire aud woric llie cattle ranche of Mesim. N. R.
Davia & Co., railed tlix Hut Creek U«nche,Kitaat«>d in Wyoming,
wheat and Hour into the United Kingdom during th« Hrat ati
montbfl of the season, viz., from 8«ptemb«r to February, la.
olasive, compared with the eorreapondiaf period in thn thnc
Dakota and Nebraska, United
prevloof seasons
Company,
U
States.
Tender* were received on Slonday at the Bank of England for
<600,00U Hull Corporation 8^^ per cent stock. The applications amounted to £1,984,1)00, at prices varying from £'Mi for
£100 Htock down to £94, the minimam. Tenders at £9S Is. 6d.,
will receive about 13 per cent of the amount applied for, while
those above that prica will be entertained in full.
Tenders for the unalloted balance of the Victoria 4 per cent
loan were received by the ten associated Aastralian banks on
Taesday, and the amount required was obtained. Prices
ranged from £100 to £100 lis. 6d. Tenders at £100 2s. 6d.
will receive in full, and at £100 28. about 20 per cent of
the amount applied for. The average price obtained was
£100 3s. Cd.
With regard to the new American tariff, a writer in Bradford
observes that "great disappointment is eipressed among merchants and manufacturers with the new American tariff.
Telegraphic dispatches were received to-day by some large
American houses from New York ageDt<<, stating that on low
worsted goods there is an .iddition of 4c., or rather more than
2d. per yard, which is practically a prohibitive duty, and mast
The bulk cf the
affect the worsted industry very materially.
trade now carried on with America in the worsted district, of
which Bradford is the centre, is included in (his cla-ss ; but as
the new tariif does not come into operation till July 1, Bradford
merchants expect to be busy in the interval with orders for the
States. With regard t ) the all-wool stuffn, such as better kind
of cashmeres, Ac, which are made chiefly in France, though
partly in the Bradford district, there is also an addition of 5c.
per yard to the duty. On some pieces the increased duty will
amount to lOs. Most French goods, too, are shipped through
Bradford houses, and the outlook for the future in the American trade is regarded as moat unfavorable."
With the approach of spring, the weatlier has become very
severe, and there has been rather a heavy fall of snow throughcut the country. Agricultural work has been impeded in some
localities, but lately we have had several days of dry weather,
and the agricultural prospect is decidedly more satisfactory
than it was. The recently flooded lands will soon be brought
into cullivaticn again, and a flne average breadth of land will
no doubt be planted with cereals, though there may be some
diminution as far as wheat is concerned. The trade during the
week has been rather quiet, but factors are not willing to
accept lower prices. The condition of the supplies of homegrown produce has improved, owing to the drier weather.
The following figures show the extent of the imports of cereal
produce into the United Kingdom during the first twenty-seven
weeks of the season, compared with the corresponding period
in the three previous years
la
:
WRBAT.
1883-83.
Krom—
Rniwlo
8.905,738
19,410,861
Uiiltod Htiilmi
'
1,574,3-10
America
Brit. N.
1,437,101
0,773
Ooniiatiy
Pmiicu
188C-3.
cwt. 34.168.387
Barley
Oata
Peas
I0.050,5!>9
7,584,047
1,:75.846
1,324.140
8,194,241
8,M82,013
com
Owl.
7««jr7B
15,702,9>I5
1.706.-107
l,0<H,9'.n
l«,28.l,ftM
OiH.
37'*.>>3I
\
2,SH7
S1U,H.%5
LOOiittilii
n.•...^99
860
1.0U,7i7
3,17J,131
2H«.7ni
492,568
2.351,871
AiiKlrikllii
<i:<-i,6.ti
5,7t>7,:i:J5
91.^,73.".
Oilier coiiulrica
370,660
4ll.8t3
.\3,07H
00,1.1
30.433,701
27,282,833
,
-.-,-,
2.023.07a
4,TSil
Exvnt
Total
1,,,-...:
4ni.o->6
Tnrko)- A Knumnnln.
Britliih Iiiilln
187»-<i0.
3.318.407
32,534,083
1,005,137
I
028.270
U»
31,872,900
Flour.
Germany
Prance
United States
Brit.
.
N. America
Other couu tries
.
. .
848,285
l,12:.92a
H6.374
5,826,630
191,591
1,329,100
,
.
12.5.413
15'J,lftO
8<14.707
14 1,878
2.977,071
101,417
4,3.17.018
3,0u0.1U
315,.'f75
,267.9:.6
2.55.8n
057,774
U.U74.095
5.83M3I>
8J7.399
1
4.971.185
8.555.035
Total
601. .160
A question
was asked in the Uoasn of Commonii, last night,
by Mr. Broadhurst, regarding a memorial of the cotton operatives for a medical inquiry into the system of oversiziog
cotton cloth, and Sir W. V. Harcourt replied that the facta
placed before him justified a medical inquiry being held into
the effects npon the penons employed in the process.
Ensllsh market Keporta—Per Cable.
daily closing quotations for securities, &c., at London,
and for breadstuffs and provisions at Liverpool, are reported
The
by cable as follows for the week ending March
London.
Sat.
d.
per os
Oonaols foriuouey
Oonsols for account
Silver,
Hon.
Tuet.
Wnt.
Thun.
513,«
513,,
50%
50%
102
1023i8 102
103 '8
1025i« 102%
81-40
ai-32'fl'81-20
Pr'oh rentes
106 >•
1061s
Cr. 8. Ssext'u'd lato3>a8 106 =s
U6>8 116>4 116^
D. 8. 4>sa of 1891
122^ 122»8 122'8
D. 8. 48 of 1907
105
105
Chic. Mil. &St. Paul .... 101 »8
38 «8
3888
Brie, common stock
38H
11914
148>3
149
(ilinois Central
27
27
N. Y. Ontario <t West'n. 26%
6439
64 1«
64^8
Pennsylvania
27>«
27«8
Philadelphia A Reading. 27is
130
!Jew York Central
1129% 130
(In Paris) fr.
Sat.
:
Flonr (ex. 8tate)..100 lb. 12
"
9
Vheat, No. 1, wh.
"
9
Spring, No. 2, n.
"
9
winter, West., n
"
Cal. white
t.
3
104%
38>4
140
26%
64-4
27:^
Wtd.
105
38 >9
149>9
26ag
OIU
2738
TKun.
d.
:
d.
f.
d.
3
12 3
9
9 6
9 3
13
3
6 3
83
53
05
58
70
b
83
53 6
95
57 «
70
12
3
13
9
1
» 6
9
9
6
9
5
9
6
3
« 5
83
53 6
95
58
70
C
83
2
.53
6
95
58
70
i
130
I.
1
6 6
Porn, Went. niesa..V bbl. 82
Bacon, lon^ clear, new.. 53
Beef, pr. mcas, new,^te, 95
Larrt, prime West. V cwt 68
69
Cheese. Am. finest
129%
Ttui.
d.
6
••
Oom, mix.. West.
Hon.
<t.
FH.
102
1021 10
102 '3
1023.,
80-92 Is 806719
106 '4
106 >4
116>4
U6>4
122% 122>9
I
Liverpool.
23:
#w.
9 6
9 3
3
a
Comme rcial and J^isctWmizows ^cma
:
Wbeat
Beana
1880-81.
Cwl,
838,610
722.031
138,698
Chill
National Bank3.
Indian
Flour
1881-83.
3,7t7.76n
Virl,
1881-2.
18S0-1.
32,206.073
7,717,933
1,73H,975
965,2J7
9l«,485
11,719,361
4.384,600
30,7«,890
7,.'i29.»05
5.213,629
1.373,62^
1.224,427
17.21P,«2.5
7.038,487
1870-80.
33.9!>9.245
9.185,111
7,647.174
1,2.53,231
1..570,12.'
11.890,025
6,0J4,232
—The following national
banks have lately
been organized
Capital,
2,900—The Kiirm»™' National Bank of Boyertown." Pj.
"
" snf
$50,000. Thns. J. B. Rhoails. Prcsi'lent Win. K. Orim, Cashier.
2,901— The Second National Kant of Lexington, Ky. Capital, $100,000.
Davlil II. Janu's, President W. D. Nicholas. Caahter.
2,902—The I'lrst Nat onal B.ink of David City, Neb. Capital, 9-50.000.
Thos. Wolfe. Pivsident: J. W. Ciroas, Cashier.
2,903— Tho First National Bank of North Maucheater, lod. Capital,
830,009. Jcsao Arnolil. Prenideut John B. Vallaoe, Cashier.
2,904- Tlic Chester National Bank. Pa. C ipltsl, (100,000. Samuel A.
*
;
:
KCPrUES AVAILABLE FOR COSSCMPTtOS— 27 WEEKS.
1881-2.
1S80-1.
32.208,073
4,381,003
30,745,890
7,038,487
IS 79-80.
33.999.245
6,024,232
23.019,100 21,337,080
17,827,200
12,993,000
57.927,742
55,611,577
52,918,477
428. SI.
46s. 7d.
17,000,000
35,700,000
27,260,000
3.148,000
3.149,000
1882-2.
Imports of wheat. owt. 34,169.387
Imports ot Qour
8,98i,013
Bales
of
home-Kruwn
produce
66.169,500
Total
price of
AvVe
wneal
for
£ngU«h
8ea.<u>ii.
Visible snpplv of
InOiiifd
Eiipply of
flour
Und
qr.
40^
41 «. Id.
Od,
wheat
9t't).l)U.sh. 22,500.000
wheat and
afloat
to
toe
Kincd'm.buah. 2.272.000
The following
estimated value of our
into the United Kingdom daring
return shows the
imports cf cereal produce
the fii.'<t six mouths of the season, compared with the corresponding period in the three previous years
Wheat
Barley
Oats
Peas
.
Beans
Indian com.
Flour
Total.
1892-93.
jeiO,2S5,»70
3.631.918
2,121.489
467,148
487.961
2,878.832
6,797,910
«32,940,7$1
1881-82,
£17,389,958
3, 111, •70
1,6S4,259
366,892
325,843
3,531.269
4,191,837
«30,6O1.92$
1880-31.
«14,395,183
3,061,924
1,689,480
550.136
487,836
4,797,331
5,101,737
je23,386,633
1879-80.
ei8.6t3.251
4.06H.745
2,584.07.".
487,012
618,255
3,511,383
4,006,443
£34,810,167
Dyer, President
;
Kiclianl Wetherill, Caahier.
Imports and Exports pob thb W«k.—The importa of last
week, compared with those of the preceding week, show an increase in dry goods and a decrease in general merchandise. The
total imports were $8,915,564, against f 10,305,133 the preceding week and 111,339,604 two weeks previous. The exports
for the week ended Mirch 20 amounted to JS,419.350, against
week and 17,720,703 two weeks previoas. The
following are the imports at New York for the week ending
(for dry goods) M»rch 15 and for the week ending (for general
merchandise) March 16; also totals since the beginning of IMt
$7,507,419 last
week in January
roBBioji
rorWtek.
Dry Kooda
Qen'Imer'dtse..
Total
Since Jan.
,
$3,580,506
8,143,675
1881.
(3.9'<9.818
6,496,552
1883.
1883.
$3,410,544
7,924,421
$8,449,811
5,495.7&9
(11,724,181
$9,482,370
$11,331,028
$8.945.5«4
832,755.777
72,378,173
$29,444,231
60,014.619
$34,857,013
72.273,192
•<|,36».e83
1.
nrj- i(ooda
Qeu'l mor'diae.
ToUl
mroRTS at »kw Toac.
1880.
,
11 weeks 8105.133.950
889.453.850 *10«.03O.303 $100.3 15.»9»
THE CflRONICLE.
332
In our report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending March 20, and from January 1 to date
:
EXPORTS FROM
NEW TOBK FOR THB WEEK.
1883.
1882.
1881.
1880.
Fortlie week...
Prev. reported..
$8,146,413
62,451,017
$7,800,593
75,719,991
$6,134,617
64,109,663
$8,419,350
70,306,235
Total 11 weeks
$70,600,400
$83,520,586
$70,244,280
$78,725,585
following table shows the exports and imports of specie
and
at the port of New York for the week ending March 17,
since Jan. 1, 1883, and for the corresponding periods in 1882
The
and
1881:
EXPORTS AND IMPORTS OF SPECIE AT
$5,600
Qreat Biitain
Prance
SiiweJan.l.
$5,600
1,000
T»tal 1883.
Total 188-!.
Total 1881.
SineeJan.l.
$741,085
689,101
14,560
689,291
423,519
10,391
10,396
76,6sO
16,896
$89,250 $1,463,933
7,847
9,804,998
604,451
116,210
$1,946,871
383,066
6,887,998
32,865
50,785
All other countries.
Week.
$739,485
$5,000
Qennany
West Indies
Mexico
Boutli America
YORK.
Imports.
Exports.
Gold.
Week.
NEW
Silver.
$726,100 $3,299,382
156,935
34,290
Great El itain
France
German,
$760,390
261,23S
292.778
Total 1883
Total 1882
Total 1881
226,278
53,967
831,565
19,<i36
2,774
800
3,200
$3,4='9,091
$240,488
133,138
64,436
$1,134,646
431,536
707.969
2,628,987
2,624,649
Of the above imports for the week in 1883, ;gl, 189,153 were
American gold coin and $9,537 American silver coin.
Pennsylvania Railroad.— The Pennsylvania Railroad Comissued a circular publishing the provisions of the act
of incorporation that no transfer of stock within sixty days of
that no male stockelection shall entitle the holder to vote
holder living within ten miles of the place of election shall
vote by proxy that no person shall represent more than three
absent holders by proxy, and that proxies must be legally executed within three months of the election.
pany has
;
;
Railroad Construction (New.)— The latest information of
the completion of track on new railroad is as follows:
Carson & Colorado.— Extended from Boncon, Cal., southward 13 miles
Gauge
3 feet.
Cincinnati & Eastern.— Extended from Peebles, O., east to Mineral
Springs, 5 miles.
Memphis Selma & Brunswick.— Track laid from Holly Springs, Miss.,
westward 12 miies. Gauge 5 feet.
Korthern Pacittc— Extended westward to Boxeman, Montana, 10
miles.
Eochester & Pittsburg. -Track on the Buffalo division is extended
north by west to Cattaraugus Viaduct, 9 miles, and south by east to
Golden, N. Y., 13 miles.
Wai-ren & Farusworth Valley.— Extended from Garfield, Pa., to Van-
Hi miles. Gauge 3 feet.
This is a totalof 65 14 miles, making 394 miles thus far reported for
1883, against 1,001 miles reported at the corresponding time in 1882,
601 mllesin 1881. 753 miles lnl880and241milesinl879.—iS.B. Qazelte.
deerift.
Biclimond
& DanTille— Virginia Midland.— At
a meeting
of the stockholders of the Virginia Midland Railway, held at
Alexandria, Va., the directors elected in the interest of the
Baltimore & Ohio Railroad in December last resigned, and new
directors were elected in their places. The board is in the
Richmond & Danville interest, and consists of the following
gentlemen J. S. Barbour, T. M. Logan, John McAnerny, W. P.
Clyde, W. N. Payne, M. Bayard Brown, William Keyser, Skipwith Wilmer, Jos. Bryan. Robert T. Baldwin, G-eorge Parsons,
C. J. Osborne, J. T. Lovell, J. A. Rutherford, W. Bayard Cutting, A. S. Buford andC. G. Holland.
A resolution was passed
directing the payment on April 15 of interest due January 1,
1883, on the Virginia Midland income bonds.
:
Schnylkill Nayigation— Phila. & Reading.— At a meeting
of the stockholders of the Schuylkill Navigation Company,
held in Philadelphia, President Gowen's proposition was submitted to merge the former company into the latter upon the
following terms: One share of Philadelphia & Reading Railroad common stock and $4 in cash to be given for every two
shares of preferred stock of the Schuylkill Navigation Company and one share of the Philadelphia & Reading Railroad
common stock and $4 in cash for every four shares of common
stock of the Schuylkill Navigation company. After discussion
the proposition was laid on the table.
Sea Beach Railroad.— The New York World oi March 21,
said "The New York & Sea Beach Railroad was to have been
sold yesterday at public auction, but as the largest bondholder is in Europe, and as he is able to purchase the road
several ti'mes over, the sale has been postponed until April 4
in ordei to give lime to communicate with him. The road was
:
XXXVI.
organized September 25, 1876, and was opened August 1, 1879?
but owing to alleged bad management it has proved a losing
investment. It is six miles long and runs from Bay Ridge to
the Sea Beach Palace Hotel, Coney Island. It was sold under
foreclosure at Brooklyn some time ago and purchased by trustees representing the bondholders. This sale wiped out the
stock and floating debt of the company. Its total liabilities
now amount to only $475,000. The property includes the road
and its equipments, wharf facilities at Bay Ridge and the
Palace Hotel and land at Coney Island."
Tennessee Bonds.— The bill funding the Tennessee State
debt at 50 cents on the dollar and 3 per cent interest has been
signed by the Governor and is now a law.
—
Vermont & Canada— Central Vermont. The Boston
Advertiser says " In consequence of numerous statements that
F. A. Brooks, President of the Vermont & Canada Railway,
viewed unfavorably the pending negotiations between the
Central Vermont and his road, Mr. Brooks tendered his resignation as President and director. The board of directors accepted
it, and elected Colonel Albert Clark of Boston to succeed him.
The board also voted to accept the draft of a J^7,000,000 6 per
cent mortgage covering both roads, which was approved and
presented by the counsel of both corporations. This leaves no
obstacle in the way of a settlement of difficulties, with the
exception of a few minor matters of a private nature, and an
arrangement between the roads is practically completed. A
new corporation will be organized to which the whole property
will be transferred."
Virginia State Conpons. — The holders of tax-receivable
coupons have propo.sed to combine and test at law their ability
to pay taxes with these coupons without first paying in cash.
Their claim will be that an offer of coupons is sufficient to exempt their property from a sals for taxes. Gov. Cameron said
" I have seen a proposition
to a N. Y. Herald correspondent
to deprive the State of its revenues by a combination of bondholders and corporations to resist the law as it stands os our
statute books, and has been expounded by the Supreme Court
of the United States. No such conspiracy will be allowed to
proceed in Virginia while I am Governor, with the powers conferred upon me by the Constitution and the laws. The proposition is revolution, but there is only needed to meet it the
plain and usual methods of judicial procedure which the State
has provided for her own protection in the eiercise of her undisputed right. If harsher means were necessary, they wjuld
be employed."
:
8.808
228,608
2,272
Westlndi.s
Mexico
Soutli Atceriea
All other countries.
[Vol.
Attorney-General Blair sail to the Herald corre.spondent:
"The leaislation of the State on the subject of coupons and the eflecl
of the recent dtcisiou of tlie Suiireme Court seem to have been equally
Tliere are four separate aud distinct acts on this
misunderstood.
snlyect. One of them, familiarly known as •Cmipon Killer No. 2,' forbids the reception by the tax collector of auythiiig except gold, silver
or United States Tre'asury notes for taxes. Tills act expressly forbids
that the tax collector or his sureties shall by any process be 'sulijocted
to damages for the failure or refusal of the collector to receive the
coupon ia payment for taxes.' The first bill, known as 'Coupon Killer
No. 1,' was held to be constitutional by the Supreme Court of the Stati'
at a lime when the Bench was politically hostile to the present admin
istration, and was alhrmed by the "upreme Court of the United StatesIhe opinion of a mnjority of the Suoreme Court seems as ninch mis
understood as the Virginia legislation. When that decision is boiled down
it will i)e found to be a full, absolute and complete atllrniauce of the decision of that Court in tlie case of Suead against Tennessee. The oul.v
remedy the creditor has Is prescriljed by the bills alluued to, and tliey
expressly exonerate the tax collector and his snrefles from any liabUit.v
tor his refusal to receive the conpons nntil adjudged to be genuine by a
court aud lury. The act provides that any creditor that shall receive
the oonpoiis before atljudicated bv a court and jury to be genuine, will
subject himself to penaltio* prescribed therein; and I shall Instruct the
Commonwealth's attorney-i of the counties and cities of the State to see
that those penalties are strictly enforced."
—
Western of Alabama. Since the purchase of this road some
years ago by the Central of Georgia and the Georgia Railroad
companies it has been held by the two companies as joint ownIt has now been decided to capitalize the ownership and
ers.
The change
issue $3,000,000 stock, one-half to each company.
will make no difference in the relations of the road, but the
stock will appear in the assets of the two companies in place of
the one-half share in the road.
—A
commercial calendar issued for 1882 has a convenient
arrangement by which it shows at a glance the lowest
and highest quotations" each month of leading railroad stocks,
foreign exchange, money, cotton, provisions, &c., &c. It has
been compiled by Mr. John C. Welch, 72 Beaver Street, New
York, and 85 Gracechurch Street, London,
—The entire second floor of the " St. Nicholas Building,"
corner of Wall and New streets, is offered for rental, also
The building has just been handoffices on the upper floors.
somely fitted up.
very desirable, large office is to let on the first floor of
No. 18 William Street, corner of Beaver, See advertisement in
another column.
circular
—A
Auction Sales,- The following, seldom or never sold at the
Stock Exchange, were sold at auctioa this week by Me.ssrs.
Adiian H. Muller & Son:
Shares.
Shares.
1,000 Silver King Mining, of
45 New York County Bk..ll2
C)lorado, for$155
116
62(ireenwich Bank
TlOrldtt.
101
250 Phcenix Nat. Bank
Vi5
$7,000 Sandusky Manofleld &
28 Central Nat. Bank
116
Nowaik 78
llO^
17 Am. Exch. Fire Ins
3 Third Avenue RK
283'fl $1,500 Dub. & Sioux City let
Hi's
.150i«
Division
2d
m.
12 Mechanics' Nat. Bank
5
lUS^a .$3,000 N. Y. A Atl. Ist 6s....
40 Bowery Fire Ins
$160,000 Rock'way B'ch Imp.
50 Manhattan R'lway (old
Co. Ist Us, 1910, $5 per bond
4.XH
stock), common
.
Mviin
:
:
THE CHllONICLR
34, 1888.J
-333
Bxekaare.— Foreign Esoh«ng« haa boen wmUc and
oloM about
AViiiK of
Uimlnii
iSi
h»vit recently
Company,
Mullroada.
Ah (.liii;
N. Y.
ftr
1fk«n
PayaW*.
2
prof.
Clilc. liock Isluiiil ,\: I'm-, (quar.)
Miiiilmiiiiii l.Ht pri'f. (quill.)
N. Y.
I.;iik.
A
been auuoaii«e<t:
Otnt.
Anril
C
(Day
aO days sterling
sold atout 4 flOJ^; demand bills, 4
89H:
ContinenUI bills were quoted as fonowa
Francs, 5 24,^8@5 23?4 and 5 8i;g«6SlJ^; Reicbmarkv,
94 y^ and 94' ^r<t04,^; guilders,
'JS
8»M and 40.
2
Quotations for foreign exchange are as foliowa, the
highaal
bills
cables, 4 SS'^'.
M«
May
I's
April
April
2|Moli.
A|>rll
lo' April'
)
ratas
high price of
whilu tho supply
TJie
inelutln.t
1
1^
WfHli'rii(nuttr.)...,
.Vnrthi'iiftirii (S.
Book* Cloud.
1
week.
laat
money has chocked the demand for bills,
of commercial has been fair, and some securiiiee
hare been
pureliBJied for I/jndon account.
On Thuraday prime banket^
DliriDBNOa.
ThafollowloK dtvlilenda
X cent lowwr than
Hch. 31 1<> April
25 tu April
"i'toApril'lO
NEW YORK. FKIUAY, MARCH !13, 1SM3-3 P. M.
The Moncj Miirkot and Flnnnclal Sltuiitlon.— Busiiipss
waa i)ractically closed on Thursday, as Good Friday is (luite
Kenernlly recognized now as a religious holiday.
Any activity at tlio Stock Exchange which might have been
developed lias been choked down by the stringency in money.
Tlwre is no feeling of panic no great decline in prices no
extraordinary attacks by the bears ; but business drags along
from day to day with the volume of transactions near
a niininium, while those who are carrying stocks tenaciously
hold on, and those who are out of stocks pertinaciously liold
oflf.
It is suggested by some of the leading brokers that
whenever the rates for money get down to a reasonable point,
with a good prospect of staying there, we will have every
reason to look for considerable purchasing of stocks by outsiders.
This opinion is fortified by a reference to the fact that
;
prices being the posted rates of leading bankers:
Marek
MMy Zteys.
33.
Prime bankers' sterling
Prime coiuinerolal
bills
on Loudon.
4 70
94
81
4 79 »4 70<«
4 78>«»4 79
5 25 ».^2lTs
hoctiiiiHDtary ooiaiueruial
Parin (franca)
Aiii<<tf)r<luiH (gulldnra)
39%»
Frankfort or Bremen (relehmarka).
94
JO's
a 94«i
4 82it»4 83)«
4
8m*4 83
94 xm
a22>a»SI0^
4 HI
39'e» 40>e
»4ls*
United States Bonds.— There has been a fair, but not
government bonds, and prices of the 4 par
;
large, business in
cents liave been well maintained, wliilo the 8 per cents
also firmer on the general prospect that a decrease
an
in
government revenue will allow them to remain outstandinK
for some years.
The cloeing prices at the N, Y. Board have been as follows:
Inleretl
Ftriodt.
eontlnned at 3>«.. Q.-Feb
t «, 1891
reg. C ;.-Mar,
4'sa, 1891
coup. C -Mar.
4s, 1907
reg. Q.-Jan.
t«. 1907
conp. Q.-Jan.
3a, option U.8
reg.'Q.-Fcb.
tfs.our'oy, 1895. .reg. J. A J.
0s, oar'oy, 1896. .reg. J. it J.
9a,onr'cy, 1897. .reg. J. A J.
Ss.oar'oy, 1898. .reg. J. A J.
Ss.onr'o.T. 1899. .re«r. J. A J.
$s,
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
17.
19
20.
21.
22.
23.
103
•103>a •103>« M03>s •103
112^ 113 •112'8 1I2'8'112%
'U2^!m12\ *112-'8-ni;:il-112\
-119>e*119 •no's' 119 -llS's
March 4th there was no inducement to buy, and every
inducement to keep out of the market, and since March 4th
110i8'120 •12' '1 ".20
120>,j
there has been such a stringency in money as to forbid the
•103 Hi 103 °g 103is< 103<^-103>t
undertaking of any new obligations. At the same time tlie
'128 •128 •120 j«126 '126
'129
•129 •127 *127 '127
railroad situation is becoming daily stronger, and the earnings
•130 •130 128 '128 •128
M30 •130 '129 ^129 •129
for 5Iarch, on the trunk lines at least, will be abnormally
•130 •130 •130 •130 •130
large, with every prospect for a comparatively heavy business
• This Is tlio price bid at tho morning board
no sale vos made.
during the next three monthe. Thus, it is supposed that only
0. S. Snb-Treasury,—The following table shows the receipta
a favorable outlook in the monetary situation is required to
and payments at the Sab-Treasury ui this city, as well aa the
stimulate an active business. This opinion is a good one
there is no objection to be made to it and should the market balaaees in the same, for each day of tho past week:
happen to go tho right way, we will hereafter be able to refer
Batanees.
Vote.
Rteeiptt.
Pai/mmU.
to it as an utterance of wisdom.
Coin.
Currency.
For the latest week reported the receipts of breadstuffs at
•
«
*
1.118,289 77
929,293 80 127.075,078 83 6.561,690 10
Western cities and cotton at the ports compared as follows ifar.17..
" 10.. •2.107.805 58
1.104.550 44 128.103.284 44 6.826.745 73
" 10..
with the corresponding week of 1882
1,330.202 82 t 2,007,480 98 127.379.780 16 6.572.971 85
" 21..
972.901 46
1,455,243 13 126.829.600 42 6.640.813 93
Collon,
Flour,
Wheat.
Com,
Oatt.
22..
1,344,060 75
674.056 90 137.187.436 21 1.953.030
prior to
:.
1
;
;
;
'•
bales.
1883
1882
The
btuh.
bbls.
bush.
friuA.
105,000
179,033
914,154
3,262,391
1.242,136
61,916
143,191
316,620
844,785
597,905
rates for call loans to stock brokers have been high
throughout the week, and the exceptional decline on some
days to 6 per cent, when all demands had been supplied, i s
hardly worth mentioning. The bulk of business on stock collaterals has been done at 10@15 per cent; a fair range for the
week up to Thursday noon was about 8 to 18 per cent; but on
the receipt of dispatches from Washington that payments on
the I'iOlli bond call would not be anticipated, rates were
squeezed up to ?5 per cent. On strict government bond business the large dealers pay 5@6 per cent for new loans. Time
loans on stock collateral are made at 6 per cent, and prime
commercial paper sells at 6@7 per cent.
The Bank of England weekly statement on Thursday showed
a decrease of £87,000 in specie, and the percentage of reserve
to liabilities
was 40
13-16, against
42 3-16 last week
;
the dis-
"
23..
.•1.963,114 48
Total....
8,836 374 86
•
t
;
881,182 37 128,311,735 37
n
6.910,613 87
7,051,907 77;
Includes $700,000 gold oertifleatea put into eaah.
Includes «l,0O0.0()0 gold oortifliatos taken out of cash.
Includea .•Jl.OOO.OOd silver ceriillcatea received from Washington.
State and Railroad Bonds.— The dealings in State bonda
have been quite limited, and at Thursday's Board the Tennessee
compromise bonds sold at 441^, Tennessee 63 old at 41, Arkansas
7s, L. R. & Ft. Smith, 47-48.
The holders of Virginia tax-receivable coupons propose to take measures to see if they can not
offer their coupons for taxes and then stand on the defensive
and prevent the State from collecting but under the recent
decision of the United States Supreme Court it would appear
more likely that the routine prescribed by the State law will
have to be followed.
Railroad bonds show only a moderate business on pricea
generally steady. As there seems to be a very good prospect
that these boncfa will advance after the early part of Apru, it
is a fair question for investors to consider whether the present
is not a good time to buy for cash.
;
Railroad and Miscellaneons Stocks.— The Stock Board
from day to day present the appearance of a midsummer
stagnation. Of some stocks there are hardly sales enough to
francs silver.
make live quotations. The situation is well enough described
The New York City Clearing-House banks in their statement in the remarks above, that those who hold stocks and haT«
of March 17 showed a further increase of $1,604,735 in the been carrring them for some time are unwilling to throw them
overboard now. just when they think that they see a probaamount of deficiency in their reserves below the legal limit, bility of higher prices
as soon as the money market rdaxes.
count rate remains at 3 per cent. The Bank of France shows
an increase of 2,400,000 francs gold and a decrease of 5,975,000
the total deficiency being $6,770,085, against $5,106,150
5Iarch 10.
The following table shows the changes from the pre^nous
week and a comparison with the two preceding years:
1883.
Mar.
17.
1882.
previous
mek.
Mar.
18.
1881.
Mar. 19.
IxMnaanadU. *3I9.'>72.00olDec.»5,50?.000 •312,316,500 •300.177.300
Bpeole
48.55 1,900 Deo. 2.967.800
16.6O7.90O;I>eo.
1.300
289.015,500|t>eo. 8,795,900
Legal reaerre.
Beeerre held
$72,403 875 Doc. f 2.198.975
65.633,000{l>eo. 3,803,700
58,580,700
20.075.500
237.100,800
16,347,800
r? 1,775.200
74,a28,500
Bnrplus.
•*6,770,975|Deo.*1.604.725
•3,153.300
Ctroalatton...
Met deposit*
Legal teaden.
•
Oeflclt.
17,081.100 peo.
835,900
5it..^52,000
15,771,100
277.9:11.600
12.241,200
•R9.482.900
71.793,200
$2,310,300
lists
On
the other hand, it is palpable that there is little inducefor outsiders to come in and buy stocks when they hara
to pay 15 per cent interest for carrying them. In the meaatiuie facts are studied up, and the annual reports of railroads;
together with their current returns of earnings, are carefully
noted. On another page will be found alwtratUs from the annual reports of Wabash and of Chicago Burlington Jt Quincy.
Nothing definite is yet known as to the rumored lease of
Wabiish to Iron Mountain in the Mi.ssouri Pacilio interest, or
of the rumored lease of Central of New Jersey to the Philadelphia and Reading. As to the latter, there are parties in
Philadelphia who assert with much positiveness that Mr.
Oowen lias been negotiating for such an agreement on some
terms or other.
At the close on Thursday prices were weak in conseqaenoa
of the new squeeze in money, though previously donnfC the
day they bad oeen rather strong.
ment
.
H
. .
6
THE CHRONICLE.
334
NEW YORK STOCK EXCHANGE PRICES FOR WEEK ENDING MARCH
DAILY HIGHEST AND LOWKST PRICES.
Moni)ay,
Satnirtav,
March
17.
•80
59 "-I
59I-J
March
RAIIiKOAD"»
D)
Ds
A
Istpref
Sa prel
& A Iton
CQlicaeo
Do
—
Ohio
<& Qiilncy.
4: St. Paul
Do
pre:
A
Ubtcago
Northwestern
Do
pref..
Chicago Rock Isl. 4 PaoKlc...
Chicago 8t. Panl Minn. <ft Oni.
Do
prKt
Cincinnati Sand. & Cleveland
Cleveland dn. cln. A Inil
Cleveland A. PittsbnrK guar...
Columtila & GreonviUe. pref
Columbus Cliic. A Ind. Central
Delaware Laclcawaiina A West
A
Denver
Grande. ..^..
Dabnqoe A Sloni City
Bast Tennessee Va. A Ga...
Itio
prel.
Do
Fort Worth A Denver City
Green Bay Winona A St. Paul
A St. Joseph
pref..
Houston A Texas Central
Hannibal
Do
Do
Louisville
Louisville
A Nashville
New Albany A Chic
Dt
istpref
Do
coinmott
Manhattan Beach Co
ACIiiri-ieston
Metropolitan Elevated
Mi(..higaii Central
Milwaukee L. sh.A Western..
UlnneapolisA
St.
74
110
54
0'4
*39
81
•74
.
A
Western,
jiref
Northern Pacific
ObloCentral
Ohio A M ssissippi
Pittsburg ft. Wayne A Chic.
BensselaerA- Saratoga
Rich. A Allegh., at'ck trust ctfs.
Richiuontl A Danville
•22
32
721.
6=4
42
81
79
79i»
91=4
76
114
114
41
SO
•72I3
144
1443<
"33^3
3334
L'l»8
3134
'4
42 '8
•85
•40
2t
87
44
24
81
81
94^8 95 li
45
26
58
44
14434
33"
•SO
9434
1634
85
951.
163^
'
44 14 44 14
•25
27
44
26
60
44
•25
•57
6S
30"8 3II4
3034
101 '4
102h.l02i3 101=8 102
•17
•1734 18
•1734 18'
12334 12334 '122 13 125
*.">8
•58
69
59
125 "4 125=8 '.2514125=8 I2314
lli-j u-_
12
12
llHl
28 14
*.'8
2834
29
29
'100
...
104
103 106
88
8914 89 '4
371
37 14
3'J''8
371%
37
•25
•58
31-4
53
12514 I25I3
12 14 12 14
•2713 28 13
•93
105
88 14
88
36 'a 371.
5,S
31-''8
•47
49
I7313 I7313 174
2534 26
•25 Hi
2541 25I3
42 14 421.
42^4 42=4
4IH1
4914 501s
50
51
6016
8638
85
86 =» 87
86 »8
1""
12 14 12 13
12
ll's
41
81
78
A Caide
A Iron
"400
135
100
205
V22"
IOII3I02I4
1193411934
132% 133
146 I46I4
122 Hi 12234
48 H, 48-8
46
174
26
UHl
28 1«
73 Hi 73 Hi
300
160
200
8
25
41
50 "s'
sols
14
144-4
1.658
100
"33'i.i"3334
31
llOHl
62 Hi
55
58
42 Hi
83
43
24 Hi
33%
83
95%
•57
31
69
31%
tl00%102%
•17% 18%
123% 124
•58
59 %
125% 123%
11% ll't
28% 28%
187=4
87=4
46
8738'
86 14
50%
8G%
12-'8
1134
12
•25%
3',206
200
490
400
150
8,674
600
"406
10,750
16,315
2534
1,69:!
12
1,330
52.242
48,257
3,841
34
62=8
811*
•22 >4
53I4
84'4
23
53I3
13G
8478
8334
22I4
23 Hi
53I4
62%
136
136
84
83Hl
21 Hi
Hi
8118
84
22'8
22
53',
52% 62 Hi
136Hl 'Xl34 133 14
22% 2234
52% 53%
53
63% 53%
U
53
23
19
•68
63
23
19 Hi
53
23
19
70
98 13
32
•
•31
223,
lOis
63
23
Co
84=,
05 Hi
66
66
66
3234
33
108
32
32 Hi
107%
107=8
19%
11
19-%
69
99
'29
31
•49% 60
•91% 94
37
37
69
99
17,220
1,260
18,400
10
150
600
600
2,985
1,000
300
A Hudson Caual
Homestake Mining
Mutual Union Telegraph
Delaware
10738 107=8 108
"is" "18
New Central Coal
A
Nav, Co...
Pacific Mall
Pullman Palace Car
Quicksilver Mining
Do
4UVi
•314
pref
EXPRESS.
86
1913
86
84
40% 41
4OH1
120 Hi 122 Hi 122-1
*8i4
9
9Hl
84%
46
•
,
84%
'120
130
90
63
125
•127
•88
'66
•120
*26
28
•28
127
•87
-58
COAL AND MINING.
Mining
Mariposa Land A Mloiug
Maryland Coal
Pennsylvania Coal
Standard consol. Mining
Cameron Coal
Central Arizona Mining
Deadwood Mining
Excelsior Mining
Robinson Miuing
,.
24
86
46
83=8
American
ConHOlidation Coal
24
84
120
Western!' niou Telegraph
United States
Wellfl, Fargo A Co
"•18"
20
108
159
100
26
39% 40%
96% 97
29 14 29%
48% 49%
22,198
16,750
82,790
4,219
16,750
107% 103%
1,100
1,593
336
84=4
130
91
62
126
•40 14
16
•19
20
24
24
139
139
50
150
'
88=4
'56
'120
•43
•127
89%
•26
46
81% 82%
129
62
123
40% 40%
122% 122% 120% 121%
•8% 9
•8% 9
9
46
t8:% 81 'v
129
84
40% 40%
41
•8I4
Little Pittsburg
Silver Cliir .^tining
16
Jan.
Feb.
Feb.
63=4 Feb.
12 Feh.
68% Jan.
79 Feb.
20% Feb.
29% Fob.
22% Feb.
1.30
Feb.
140 Keb.
115=4 Feb.
97% Feb.
116% Feb.
128% Feb.
113 Feb.
118 Feb.
44=4 Feb.
102=4 Feb.
46 Feb.
68=4 Feb.
13334 Mar.
31
Feb.
3I4 Jan.
118% Feb.
39% Jan.
87% Feb.
8% Feb.
14=4 Feb.
30 Jan.
Feb.
5
80%
53%
38
72
73
141%
40
Mar.
84=4 Jan.
43 Feb.
15 Fob.
38 Feb.
79%
Mar,
90 Feb.
16 Feb.
42 Mar.
22% Fob.
52 Feb,
29% Feb.
97=4 Feb.
13 i'ob.
Fob.
i20
Mar
21=4
""
3. % Feb.
44 % Feb.
79'•% Feb,
%
Feb.
Feb.
Fob.
Fob.
191% Feb.
49i%F«b,
133
i.00
Jan.
.tiLU.
139% Jan.
Feb.
Jan.
Feb.
16=4 Feb!
48 Jan.
90 Jan.
29 H Feb.
48 Feb.
89 Feb.
35 Feb.
91 I'eb,
Feb,
133
.uu
3634 Jan.
91% Feb.
26 % Feb.
41=4 Feb.
9
29
10
79
i
90
120
90
-Ri;
'JO
•i21
124
2G
26
'43
127
91
69
129
91
60
123% 121%
6'i
6%
6%
6%
C%
yell.
60
67
80%
83%
7134 Jan.
15 Jan.
'44"
73"
11
30
78%Jau.
63% 97%
82% 97%
19% 27
27% 41%
Jan.
88
Jan.
23=4
J.in.
35% Jan.
27
Jan.
Mar.
Feb.
Jan,
Feb.
37% Jan.
79% Feb.
130
33
113%
J-an.
125%
103%
122
136%
151
%
127%
124
136
122
44
3% 21%
116% 150%
38% 74%
8
16
15% 26%
29% 42%
8% Mar.
16
110
6
46
72
111%
92%
61
36'
35% Mar.
23% 45
120%
98
49% 65
46% 100=4
Jau.
Jan.
Jan.
Feb.
Jan.
Feb.
67
40
82
78
40
56
60%
93%
26% Mar.
15
37
65
85
421,
P2%
77
77
93
Jan.
Jan.
100% Jan.
18 Jan
48% Jau.
30=4 Jau.
6,3% Jan.
31% Jan.
105-18 Jan.
19% Jan.
.24
Jan.
64% Jan.
105
21
13
41=,
58%
19
69
36=4
77
26% 42%
86- 112%
35=4
12
119=4 128
87%
47
29% Mar.
15% Jan.
123% 138
35
27
100
10%
Jan.
Feb.
,03
89% Mar.
Jan.
40%
"*
83
17=4
37%
109%
33%
43=4
67
88%
45
60%
168
186
•20% 31%
Jan.
% Jan.
173 Jan.
271% Jan.
521.
44% 60
28=4 54%
66=4 100%
11%' 25%
493.
34 Jau.
61 = Jau.
%
87 %Mar.
13'% Jau.
-1
I
%
27
11
60
23
341. Jan.
13=.
34 Jau.
I
12
23%
98=4
39=4
46=4 67%
130
139
89
Jan.
23 Jan.
SSI% Jan.
133 Jan.
Mar. 3 131% 144
13
40
52 230
23
2G3
144
15
Jau.
Jan.
Jan.
Jan.
Oil
29
.£,.
17 H
36%
20% 50
56
94%
31
46%
7 1 =4 Mar.
100 »4 Jan.
34% Jan.
54 % Jan.
43
79
26
63
100% Jan.
40% Jan.
97%Ja>i.
169 M.ar.
43 Jan.
104=4 Jan.
66-3
3.,
42=4
99%
56
34
98% 119=4
23% 39%
45% 71%
36% Jan.
57% Jan.
74
60
65
31
25
33%
Fob.
1(19% Jan.
19 Jau.
25 Jau.
14 J,an.
35% Jan.
63%
102=4 119=4
15% 19=4
30%
'i
13% 23
19
33
40
128
163%
91% Mar.
144
43%
126
9
Jan.
Jan.
Jau.
32=4
117
3
17
Jan. 16 17
Feb. 2 270
Feb. 17
6%
Feb. 27 18
40
149%
5 133
6
97%
80%
90
6
62
8 125
IP
132
27% 36%
1% 2%
•11,
2%
26
245
Jau. 15 13
Feb. 2 240
Mar. 20
Jan.
% Jau.
48=4
145
14%
62%
76% 93%
% Mar.
46% Mar.
83% Mar.
27% Jan.
106%
108% 166%
3
12
4% 19=4
37%
18
% 1%
6=4
4
%
]
1
2
][
These are the bid and prices asked; no sale was maJo at the Board.
150%
"49%
1273,
33% J.in.
114% Jan.
08
96%
82
46=4 Jan.
87=4 Jau.
79 Jan.
147 Jan.
81 Jan,
90
53
92=4
140
104
60
10% Jan.
18% Jan.
33% Jan.
63%
62
63%
133
51%J.^n.
92 Mar.
58%
175
140%
58%
97% 117
129% Jau.
65
150=4
29=4
Mar.
7 % Mar.
Mar. 13
%Jan. 29
96% 128%
114% 144%
Jan.
Jan.
26
14
146
120% 141
49% Mar.
84
142
64
Mar. 17 135 Jan.
93 Jan.
Mar. 1
Mar. 22 63% Jan.
Feb. 19 126 Jan.
6%
29
127% 145%
Fob.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Star.
Feb
21
137% Jan.
145
Jan.
270
6%
J-an.
61%
09%
98 127
223 88
80 59
125 122
100
82
83
47
Mar,
Mar.
Low. Hlgi
Highest.
Feb.
15
For Full
Year 1882.
1883.
J an.
23% Feb.
103% Feb.
Feb
28,685
1,
1SS3.
30
70
310
100
1,650
262
46
82% 83
1,
64%
1%
Stonuout Milling
*
Mar.
Jan.
Feb.
Jan.
Feb.
Feb.
Feb,
Ontario Silver Mining
Oregon Irapi-ovement Co
Oregon Railway
•18
108
79
;
210
•93% 94%
155
Lowest.
—
I
83
23
Range Since Jan.
127
2,000 55=8 Jan.
13,713 124% Feb.
1,920
10
Feb.
700 23 Feb.
222 101 Jan.
237 85% Mar.
33,650 34% Feb.
78 Feb.
200 45% Feb.
'
302 169
Jan.
Mi^
41% 41%
60% 61%
8634 37%
121,
JAN.
77
3,226 27
3,930 20 I'eb.
11,070 10G%Fcb.
270 60 Jan.
11.485 51% Feb.
55 l\Iar.
16=4
45
45% 46%
2334
100
200
900
-520
37% 37%
4IH1
1,510
"
78Hl
3714
173
4IH1;
161,190
21,600
42
78H>
•72Hi
....
8S
000
I39I3 13913
»25% 20%
125Hl
6,400
10734 IO3I4
26Hl
ISHl
350
2,130
3,408
2,603
•44
68
31
102
6,488
78.7'20
District Telegraph.
Colorado Coal
dams
121"'
33
163,
44',
MISCEI,l,ANEOUS.
AmeriCiin Tel.
Aod
79 Hi 80 'a
*21i3
3213
•2334
144
"33iu
(Shares).
6,305
3034
30
30 Hi
109 Hi 110
110
62 Hi
63H! «3Hl
54%
63 Hi 54%
•50
4Si<
40
40
•84
87
83
•43
•42
43
24 13
26
25
.38%
•80
•80
83
94%
94 Is 94^8
1:014
63
54 14
60
43
87
40
45
•2413 27
43
79I3
95 18
16
79^4
•72 Hi
143 Hi
•62
64
•60
'40
•85
5434
SlHi
80
78
33 ii "33=8
30 14 30
110i4llU«e 110
3034 31
10134 IO2I4
•i7
l-i^,
68
42
81
75
•39
*dO
Sales of
the W.'ok
19,058
14,709
8
034
AND SINCE
200
22 12
32
23
135
134
53
Bichmoud A West Point...
•22 Hi 25
Rochester A Pittsburg
19'» 19
19 Hi
19Hi
68=8 69
•68 70 Hi
68 14
St. LouisAlton A Tene Haute
68
pref. '97
Do
•97 Hi 99 "3
'..7
'96
97
93 Hi
'29
•28
•28
•29
St. Louis A Sau Francisco
31
31
31
49I3
pref . .. •48
Do
48349
49
48Hl 48Hl •48
•91
Istpref. *91ia 94
92 13 *.^1
Do
92 Hi •91 Hi 94
•35
•35
BUPaal A Dalnth
38
•3i)
39
38
•94
•94
Do
pref
!;4
95
93 Hi
91
15;
166
14934 I53I4 119 153Hl
St. Paul Minneap. A Manitoba I48I3I54
39I8
39 'a
Texas A Pacific
39l!i
39 Hi 40
39
39% 39Hl
94 '8 9334
Union Pacillc
9534 96-18
93 Hj 96
93% 9618
28 -s 291, 28% 28%
Wabash St. Louis A Pacific ..
2834 29-4
29
-^OU
De
pref
4=34 49
4834 4938
4914 49Hl
4-s% 48-
American
23.
S4
32
Ohloc^onCliern
Oregon A Trans-Continental..
Peoria Decatur A KvansviLie..
Philadelphia A Reading
'::0
23
1331a 133
....
136
i21=^ 120^12114
101 13 luO'slUl'^B
11913
132 "3 1321^1 32 "'a
143
14o
146
146
12ia4 12218 122
122-4
47=8 48 '4
48
48
10713 1071a 106=8 107 14
V
pref
80^
Hi
I
Do
7i>E
8O34
•135
liO's
101
118ii
132^9
6\
301-1 31»4
10934 110"
«2'e 02 78
5413
54
•64
60
-40
45
•85
87
•40
45
•23
25
B3
New York Chi«. & St. Louis...
pref.
Do
New York Klevated
New Y^ork Lack. A Western..
New York Lake Krie A West.
pref.
Do
New York A New Kuglaud
New York New UaveuA Hart.
New Voi'k Ontario AWestern.
>„
March
22.
•0
•8
•6
7
-G
7
7
"•G
7
122i4l233< 1231312413 1234 124
123 123''6 123% 124=4
46I3
45"9 46-18
40 Hi 47%
41)
iOhi
40^ 40=4 46
•87
•86
00
•86 >4
•87
•87
89
90
90
•334
•9
-9
834
9
9
9
9
10
9K,
*16
•15-14 16»4
16
16
17
*16Hi I6I3
30 '4
30
pref..
Missouri Kansais A Texas
Missouri Pacific
Mobile A Ohio
Morris A Kssex
Nashville Chattanooga ASt.L.
New York Central A iludson
23
133
73
73
7""
•44
•25
Lonis
Do
Norfolk
*72
139
pref.
Do
•32
•''8
..
Blauhattan
221.J
32
32
•23
24 14
135 135
184
137
137
12012 121
121 Ij
11 9
101»4 10 I 'a lOi^g
101
II9I4
119
132 i^ 132 '8 132^4 I33I8
U512 IIB
:4S 140
1 22 >i 122 78 122'8l22'8
48Iq 48 4
47 "s 48-'8
10718 107 "i 107^4 10814
'4
leased lino
Indiana Bloom'n A Western
Lake Krle A Western
Lake Shore
Long Island
Memphis
•21
32
24
134
Friday.
23,
6719
fe'e'^e
"71^
81
2213
3 J 3,
March
"67"
"C6>8
0718
80->8
llSi-j
Illinois Central
le
»OHi
»21
"72>8"72'i
au-n
»0\ 81 14
Tlinrsday,
•80
•78
...
71I3 72
!1
-
67
"67
•'8
"7i=i"72
*23
pref
Obicago Burlington
Chicago Milwaukee
•79
C7ia
Cedar Falls*. Mtnneaoca
Chesapeake
60
•78
Canada -Southern
Central of New Jersey
Cential I'ncillo.
March 2U.
19.
80
Boston & N. Y. Alr-Linc. pret.
BurlinEton Cedar Kay. & No..
Canadiau Pacific
Wednesday
March 21.
Tueaiiay.
XXXVI.
[Vol,
t
Lowest price
is cx-divldcnil.
2=4
1%
—
.
.
MAicn
THE CHRONICLE.
24, 188?.]
899
({UOTATIOMS OF STATE AND RAILROAD BONDH AND MI»CELLANEOl'S 8ECUR1TIEH
HTATK BONDS.
SXCURITIE8.
Bid.
A.lllnS, lOOfl ...
tianH A. :i to i^, nniiftU...
(•lii.«
81
83
8BCl'RITIE&
82 It
Ix>aliitwi»-ConUnniHl—
KxDiMurml coupon....
Mlohiffan—
7«. ISW)
'(
IIHH)
<-lll»-i 1. in. iimii
On. Ill JIM. llllM)
It, tin,
i'liu.!.
ArkuUMan
A
Kl. -.
Isii.
UHork
IlK
Il.lMl.A N.I). ItU
I..
7k. M(k..
7Coir
Ok,
o
ao
laoO'iuoo..
M<'inl>..ft
,t II. 11. lilt.
ii'lli.
•
.
Gc..
KK.
lH«a.4..
I
47
48
V.
60
10-i
101
ino
107
Uii,<1uc 1)480
8i>, (Inn l«>t7
0*. (Iiiti 1H48
I OH
lid
...
IH.||l<>r
IRAO....
Npw York
7ll, «i)l.l.
114
18U0
?•, coiiHtil.,
1914
I
nn
.N.c.
to
WiMitxrn Kit.
6s,
t
MjHftH
lois
40
Mw
II"
A
6
(;
II.
44
111!
43
44 <«
,.,.i
.U
I;»
II"
•'-
VMi.....i
78
3H[>A
.„...».„»-
.
10-J*
Hmall ttoniU
R»;rlitti^r«4l
Funding
1886
Rhode IsUnd-
»i
31
t* 4ht,
VlrsiMi,.
Ohlo-
A.AO
m
Tma
gig.
6
WcftTwR.
4s, 1910.
IBM
BraiTB aMHol-BfkM:*
da, IM<«, IIIM-S.IMO.
0«,
sartmi, 1914
<;'i»p'iDls».3-4.S.6a,lWIS
OHi
6>a
Wll.C.,tr ltii.lt.
I>0
N. Carnllnit-lKold, J.AJ
a«,old.
lu
10
16
IS
8
J. ,«.!.. 113
A.AO
RU
w.
OonMl.
Small
6>, loan, ISlia
...
><>
Do
Do
6^roMi, 1891
6h, loan, IHOa
7l.*mi>lt
Nowbonds.
i>o
-
M»fiiailabl«,
l;ii)
IHtullfMMr
lHi)« ihim'
a':),
Aik.
Ac) Mar. S3. IMWI
8a,
i:i<>
HpraliklUx,rliu«l,'0S.9
Do
i-\an% 3
rox.. 1887
6a. loUl, conn., 1887....
lOS^
I
BM.
BonihCaroilM-
l»ft
t
!
rknlhiun
riilv.. title '02
CCRITIU.
A*k.'
•inilM-l
,J.*JI 161
7iiMipi<oiT.j.,tj
Funding
Ho
6!i, Kolil,
1886.
i
x.vo
iHi
iw
FilixUnx. lMUt.U.1
}liumlliul.fcBt. Jo., '86.
'87
Do
do
17»«
-It
7il.><u>l->li<iil,
*
DUL
Dii 7i'iitii>'4oii.,v..><i.
AM-1'nior
47
1''
Ki>
lass
iliiit
On.diiK
4<i<«
BKCURITIKA.
Aik.
Bid.
MU«mrl—
88 >«
-
Us. fiiiiiUMi.
7», I~ IliKik
Tl,
7»,
I
Aik.
e«,eonpon, I80.SOO
'
On,
I>n
I
1809
small
ran Island
Do
116
...
RAILKOAD BONDS.
Del.
RBilronil Bonds.
A K.— Coutlnuiid—
A Snsq.— 1st, 7a...'*lll
1
Klch. A Al.— lat, 7a, 4t»<l
Rich. A Danv.— Cona. g. ,6a
.MInn.AHt.I>.-lai.7B,Ill27 119
lovraF:xt.- lst,78, 1900! 115
1
Alb.
"lOS
100
1391
a.Colitml-l!<t, lis. 1018
lst,con8.,|niBr.7s.l906,*12Sia'
S'thvr.Kit.-l8t.7s,l910 "HO
113 116
Alleg'T Ci'ii — 1 at. tin. 1 9'J'i
Ist cona.,%s, 1906
Pac. Eit.-lat, «a, I02I '101
teh. T.*. «. K«-l i-j. ID-iO
Reus. Ai^ar.— 1st, coup.i 138
Missouri Kan. A Tex.—
BlnklnK 'nnil. Srt. lull '100
lat, reg.. 1921
79 >« 79'«
Gen. con., 6a, 1920
96 >« Denr.AUIodr.— lat.lOOO 100»4
105 1<
AU. 4t Psc.-lnt, Ua. 1!)10 06
Cons. 7a. 1001 5.8
91
Bait* o.-l>ii,Us,Prk.Br. 114
latconaol.,7a,19IO....
67 >a 68 >4
Cona. 2d. Income, 1911
91>a
46
04
eo'l nenT..So.P.*P»c.— lat,7a.
Boat. lUrtf. ,« B.-lst, 7s
H. A (cut. Mo.-lat,'90 *106 108
Qnaraiitecd
91
DeLMac. A .Marq.-lst.e.t
Mobile A Dhlo.-Ncw. 68 107 4!.
Bar.c.Kit|i. * No.-lst.Bn iboHi
Land grnut. 3i.ja. 8. A
Collat. Tniat, 6b, 1802..
Minn.,t.si.I, -lal.Td.BH ViO
Morgau'a l.a.A'r.— lat, 6a
E.T.Va.A (i.-Iat.7a,1900 116 117
71
lowac. .t\Vfl.tt.-lst,7»
lat, C'>na..5a. 19:10
72
117
Naa(i.(hat.AStL.-lst,78 116
92
C.ItRi'.ln K.*N.-l»l,tf»
Dlrlaloiuil 5», 1930
•2il,08,1901
Int..^!!, liJ'Jl
Ellz.c.A N.-.s.f..deb.c.68
N. Y. Central-6s, 1883.. 104i>4 100'4
96»4
07
lat, «8, 1920
Bnf. NY. * I'hll.— l»t,6«
107 "a
6s, 1887
109
04
Kill. I.ex. A UlgS.-Os...
06
Csiilml Iowa— Ist, 7«. '09
6s, real esUte, 1383 ...•102'4'.
128
Char. li>l. ,t Aug.— lat.7«
Krie— 1 St. c> tended. 7s. .
Oa. subscription, 1883.. •102i«l.
107
Choa.A Ohio— Pur. m'vfd
2d, exteiid«il. 5s, 1010..
N.y.C. AlJ.-lat,cp.,78 129^131
130^4
4th, extcndml, Sa, 1020. 107
lat,reg., 19(W
«s. KoI'l. anrlPa A. |908
Sth,7a. 18.88
6», gold. "(iriB.iH. 11)03.
Bnda. R.-7a.2il,a.f.,'85 '107
la
US
lat cona.,gold. 7a, 1920. 123
««, ciimiii-v, litis
Can. 8o.-lat,lnt.g'ar.58
06
130 131
!• t cona., fit. coup.. 7a.,
MortK.iKC o'k, mil
Harlem-lat,7«. coup.. "130
130 1:<1
I'.U
Keorg., lat lion, li'<,190Hi
Chicago i Altuii— lal. 7«.
lst.7s, reg,. 1900..... '130
'0:1.1'
12:
BInkiiiK ruiul, Oa, 100:i
Long Dock b'da. 7a.
N. Y. Elev'il-lst,78,1906 116 117
Bn*N.Y.AE.-l8t.l910 131
lAL AM». Itlr.-ist, 7s.
N.Y.Pa.AO.-Pr.rn.6s,'9S
2d, 7a. 1900
N.Y.L.E.AW.-New2d Ol 95 ••
N.Y.C.AN.— Qen.,6a.l910 •47
iStOfk
2d,78,1895
h'rrhiinijr t*rirf*.)
2(1. 7fl,
1
Debenture
1
I
Jiuk.Ji Clile.-lat
I..
2d, CODHOl.,
2d, guar. (188l,7».'98
Ml88.K.Br'go-l»t.».C.68
cp.. 5a.
'I'ruatt'o.,
N. Y,
97 >a
119
Oal. Har.AaAnt.-l8t,68l -....1*107
110
2d. 7«, 1905
C.B.Aa-foliaol. 7a.l903
Mex.
68, sinking til till, 1901..I ..^...
la. Kiv.-.S. P., 5s, 1019 '102 "a
8. F., 4», 1919
Denver Dlv.— 4s, 1922.. 83
V
83
V
4S.1921
C. B. I. A I'.-es, ep.,1917 123V
•123
6a,Ter.. 1917
Keo. & lies U.— 1st, 6s. i03>-j
Central of N. J.-lst, 'BO. 115
*
Pac.— Ist,
6s.
..
2d. 68, 1031
Or'nBaySV..tS.P.-lat.8a
--.
GuUCor.AS.Fe-7s,1909
P2
lot
Han.ASt.Joa.— 88,conT..
lat.
lat,
St. P.
1U>4
ltl>4!
112
113
AdJiiatmcnt,7a, 1U03...
I
I
11"2
1
I
I
132
C.M.*.st.l'.-l.it.88. 1'.D.
2d. 7 ;l 10. I>. D., 1898.. •120't:
124
l«t. 7». * g.. K. D., lOO'J. 1'.24
Ist, I.ln.'.l)iT„7s, 1893. 117S 119>a
I'JO
1st, I. <t M..'78, 1897... 119
119
1)., 7a, 1899....
Isl, I.
M.. 78. 1903... 123
Ist. C.
1-20
122
Con»ot. 7a. 1905
106
1-;;-2d. 79, 1884
A
&
I
MlddleDlv.— Keg.,
I
I
I
68..1
103
116
••,"••
HO
-
C.st.L.AN.O.-Tcn.l„7a! 114
lat conaol.. 7s, 189'?
2d, 78, 1907
H*
..
•-•-•- 125
104
103
Oold.Sa, 1951
;••••
78. 1894
red. y. A .Mlnu.-l9'.7s' Ill's
Ind. Bl. A W.— lat prf. 7s,*ll8
2d Dlv.,
1909
2d. 45.6a, 1909
1st, 4.5-68,
88
-•.•:••
'73
lBt,7a, I.*D. Ext.,1908 VZO
lOSV E.-latn Dlv.-0.a,1021...:*;--,---| 93
8. W. Dlv.. 1st, Ca, 1909.; 108
96
ludlanap.n A.Siir.-lst,7s lot's 102
l8t, na,I.;iC.*Dnv.,IOIU,
2il,5a,10U
l8t,»..M)iin.Div.6s,1910 10534 107
;.--l
Int.A Ot.No.-l8t,6s,gold, lOTJa 108
1st. H..t D.,7b, 1010.. 'IWis 110
8314 831a
Conpon, 68, 1900
I'M. I)lv.,ll..,1910,*109ialll
Ch.
U'.i"8
93
lst.Clili\AP.W.,5a.l',)'Jll
KeufkyCcn.— M.,6s.l911;
92 U Lake Shore
Mich. >io.— ,
Mln'l ft. Dlv., 5a, 1910.
Mlch.S.AN.I.-S.fd.Ja' IOO34I
C.A I,. .Sup.DlT..58,1921
oi'ii
Clove.
Tol.-Slnk. fd. *}03-a ^.
Wla. AMlli. 1), .58,^1921
Newbonda, 7a, 1886.. 107 1109
C. dt N'wi'al.- S.fd .is.'SS
I'lcvo. P.
A«h.-78.... 113
Interest l)oiHla,79, 1883 103'..
Buff. A F.llc-Nnwbds.i I'O
Consol. bon.l»;78, 1915. 131Hi
Eitin.s 11 bonds, 78, '85.
Kal.
Plgeon-lal. 1*100
•ioft
Det.M.AT.-l8t,73.19O0l ••,••
l8t,7«, 188J
LakeShore-Dlv. bond8;'121'«
Coupon, gold, 7a. 1902.. 124 ij 125
•124 'al..
t'ouaol.,coup., Ist, 78.| l--*
Eeg.,golil.7«, 1902
Sinking fninl, (Is, 1929. 1121a
Conaol., reg., ist, 78.. 12* ],-;
112
blnkliig rnnil, rcg
Consol., coup.. 2il, 7s. 120', 121
....
Btuklng fiiiMl. 5a, 1929. 101 Hi 101 'i
Consol., reg., 2d, '78. .1 120
Blnkliig tuuil.reg
Long Isl. U.-lst.7s. 1808 'llS's llOU
114
Sscau'aA li.H.— lat,6s.
lat consol., 5a. 1931 ....| 98'4 OS's
I
i
,
!
A
1
A
I
A
A
AW.
|
DOS U. A Mlu's-l8t, 7e
Iowa Midland— Ist, 88.. 134
iss"
Peninsula— lst,eonv. 7» 120
Chicago A Mil.— lat,7s.
Win. A.St. l'.-lst,7s,'87 107 «« 108
2d,7a,lU07
125
115
Mil.A.Mad.-l8t,6s,1905
C.C.C.4 Ind'8— l8t,7s,8.f.
Conaol. 7s. 1914
121
Vi
.
C.St. P. M.A0.-C0Dsol.,68
106l>4ll07
L'.8t.P.AM.-lst,68,1918
N. Wla.-lst, 6s, 1030..
8t.P.A8.f.— l»t,6a,1919
114>( 116
lllHi 113
Chlc.AE.Ill.-lst,8.f.,our.
96
Col.Allreeu.-l8t,6s,1916
2d,6«, 1026
Col. II Val. A Tol.-lst, 5s
794
.
l'J6>a
8TT.Illng.A.N.y.-l8t,7B
'1'23
Marivita
A Cin.— 1st,
A
II.-li.t,78, 1884..
IO2VXH
7s, 1891
1st, cit.. 7a. 1891
Coup.. 7a, 1804
Reg.. 7a, 1894
iBt, I'n. l>ir.,cp.,7»,1917
116
116
123
1-24
95
llSia
Equluni't bds.. 8s, 1883.
1009
Conpon. 5a. 1931
Regi!>tui«d, 58, 1031
Jack.l.an.AHag.-«a.'ftl|
.Mil. A No.-lal. Ua. 19111
126'
Va. Mid.-M. lno.,6s, 1927
Wall. Ht.L. A P.-0en'l,68
Chic. Div.-Ss, 1910
67
79
94
ibe'ia
107%
106 >s
"ss"
Wabaali-M.,78, 1909
Tol. AW.-lst,ext.,7s 106 <a
1st, St. L. Dlv., 7s, '89 100
100
2d, ext., 7s. 1893 ...
Equip, b'da. 7s, 1883..
Cousol. conv., 7s, 1907 "go'
Gt. West.-lat,7s,'88 104 >t
HO
2d, 7s, 1893
AT.-l8t,7s, 1890
a
Han.A Naples— lst,7B
9314
So. Par. of Cal.— Ul,li».,*105'3
Uulon Paciftc-lst.«a..| 114 "4 IK'S
'HO
Land granta. 7a, '87-9.
Sinking funds, 89, '93. llS'a 116
Heglatered Ss, 1893.
103
Collateral Truat. 6a
Kana. Pac.-lst,6s,'95,*l03'a'
I
I
60
80
83
87
109
89
04
i'o'i>i
100 >a
80
92
106
100
loa
108
97
120
ii'e"
85"
1806
Ist conaol.. 6a, 1019.
C.Br.U.P.-F.c.,7a.'95
At.C.AP.-lat,(5a,1903
At. J.Co. AW.-lat, 6a
Oreg. Short L.— lat.Oa
3.6a, claaaC, 1906 ....
3-6a, claaa B.,1006....
1st, ea, PeirceC.AO..
Bqulpment, 7a, 1805..
Geo. niort.. 6b, 193 1
80. Pac. of Mo.— lat ..
08 Si
96 I....
93
!
ibo"
103 >a
104
i'0'5'
65 Si
95
138
133
•J.l.guar.. 7..
H98
16
•ss"
Trust Co. ceitin.ates
Leh. A Wllkeab. Coal -'88
Lake F.. A W.-lnc.7s. '99 "4ii"
vand'kylilv.— Ine.,1920 •36
Laf.BI.AMim.-lDC'7s.°9» •40
Mil. L. S. A W.-lncoa
Mob. A O. -I at prt. debOD.
108 la
142
79
104
98 Si
Coapoo* ou since
]
jio"
48
8-
pref. ilKbcntures
dobcniuraa
4tb prof, debentures
59
Oblo Cent.- Income. 10-20
Mln'l Dlv.— Inc. 7a.l02l
Ohio 80.-'2d Inc.. 6s, 1021
Ogdens.AL.C.-lnc.. l»JO
Small
PeorlaD.AEv.-:
PeoHaAPek.Un
A I'Ul8.-Inc.,l'J--'i
Rome W. A og.-lae.. 7a
Koch.
so. car. Rr-— riie.,6a. 19SI
So.—
81. I.<>nu t. Ml.
A
lat. 7a,pnf..lnt. aoeam.
2d, 6a, Int. aeeaoi'laUva
Rr.-sar. B.,Im.'94
St'a I
plain Incomes. 6a. 1896.
Hierlint .MLHr.— iBc.'VS
StUA. T. Il.-IMV. bda
Tol. l>el.AB.Inc..6«. 1910
•ayton Div. ««. Irtio .
.
A
A
...
'11
90
49
40
S<1 prrf.
KvaOB. I>lv.-I;
131
i"25'
8t.l,.V.Al.H.-lst.g.,7a 114
t
96
1900
2d, 7s. 1898
iVo.-2.1. lnr.,107U
N.Y.Lake E.AW.-lnc.6s
81>a
,u. auppl. •lie
i
,
«.;
Inil. fil.
3d
93
i.,aa8'd
ri.,aa8'd
.
A
O. B»vW.,tSt.l'.-'Jil.luc.
N.Y.P.AO.-l9tlnc.ac.,7B
Clev. A Pitta.—Cons. s.f.
41b, sink. fd.. 68, 1892.
CoI.C.tl.c. I.it.ronsol.
2.1.
1909...
lat.
IKI.C.
1
4 >iia,lst 0.
Regiatere.1. 1921
Pltt.C.A8t. U-lst, 0.7a
A Cll.-lst
74
60
,
i'iu
A W.-Inc, 1019
Con.aol., Inclla, l92"
105 105 Si
110>4 113
Ind'8 Dcc.A spr'.l -'2d Inc
ir.
1>:
•72
1
RR.—
Ist, reg., 7a,
•18
81>a 8S
I
Income A Ld. gr., reg.
lat,IUoG.Dtv..6s,193o
2d, 78.1913
OnL—
A
Ulleg'jr Ceut.-Inc, 1912.
Pac.-lno.. 1910...
lAU.
Icentral of N. J.-1903....
I
.
Pitta. Ft. W.
2d, 78. 1912
3<1, 7s, 1012
!(ln(crfjt pai^iW* (/ firiud.)
Ala.
Inc. 6s, 1918.
I
Ut.Bo.-aen.,78,lm)9
01
Bxten., lat, 7s. 1909
Mo. Pac.— lat, cona., 6a. :;:.;.iio3
112 |....
3d, 78, 1906
Pacific of Mo.— lat. Us
2d, 7s, 1801
St. L.A8.F.-'.>d.na.cl.A
iot"
INCOME BONDS.
Col.C.A I.c.-Inc.79,'90
110814
Reorga'n Tr'atc-o. Cert.
'100
(Cent. la.— Coun.debtctfa
Cli.St. P.,t M.-L.g. Inc..6s
"
96
(hict: K. Ill.-lnc, 1007
89 »( DeaM..t 1 1. l).-lat,inc..6s
l>et. Mac. ,t Marq. — Inc..
9?VK.T.V.A<!a...lii.-.,Ha.l931
103
101
108
Den. Dlv.,6s.a8'd.'99 108
1st, 6s,
2.1.
6s.
103
.
Pa. Co's gu
»f
ioiii'
Ill.Aao.Ia.-latEx..6a
91
8t.L.K.C.AN.— R.e.7a
Oin. Dlv.-lst,7s... 108
Panama -s.t.,aiib.68,1910 ids' 10:<'a
103
Clar'da Br. -6^1910
Peoria Doc. A Kv.— l8t,6s
99
St. Chaa. Br.-lai6a
Evana.Dlv., Iat.6s.l920
102
Peoria A Pok. U'u— lst,6s 100
No. Missouri -Ist. 7s no's
Pac. Rita.— Ccn. P.— O..08 114'4 11418 West. Un. Tel.-1900. cp 114
San Joannln Branch.. 110
1900, reg
'lOSia
N.W. Telegraph-7s,1904
Cttl. A oi«gon-lst. lis
83
State A 111 bda.. 7a. '84!
Mut. Un.T.-.4.F.,6s,1911
lyanil grant bonda, 6a 1' 104 »'
Spring Val.W. W.— Ist, 6a
lOtfia'
Weat. I'ac.-Bonda.Bal
Otegou Itll. A N.— let, 6e i'oev
Pennavlvaola
88'
196
133
74
87»4
83
8o
93
93
Dul.-Ist.Ss,l03l
.
80
Ohio So.-lat, 68, 1921 ....
Oreg'nACaI.-l8t,6s,1921
Or. A Tran8'l-6s.'82- 1922
Oreg. Imp. Co.— 1st. 6s...
A
Ind'polla DIv.-Us, 1021
Detroit Dlv.— 6s. 1921..
Cairo I>iv.-5s. 1931..
86'<
Ist TcrTrr, 6.8, 1920...
lat Mln'l Dlv.. 6a. 1921. *
106
Hav. Ulv.— 6a. 1010
Tol.P.AW.-lst.7s.l917 108
Iowa Dlv. -6s, 1021.
|
Conaol.. 6s, 1905
97
66
81
M't
Tex.A Pac.-lst.68.1005 101
•93'a 100
101 ''4
lOr '123 124 MII.L.S..tW.-l8t.6a.l9'Jll •97V
No price FrttUr— tbe«« are Uteat quoutlons made tUis wook.
Pa. Dlv.,rcg..78.
'
1:6
116
102
9J
7a.
MorrlH A Kasox.— lst,78 186 ••
1st, Bterllng
2d, 7s, 1891
Metr'p'llt'n El.— lst,1908
112
Bondv, 7a, 1900
2d, 4s. 1890
7sof 1871.1901
123
Mex. Cen.-l8t,7s. 1911.
122
lat, conaol., guar,. 78. 121
ivn't Mich. Cen.— Con.. 78.1902
N.Y.I..-\ck.AW.-l8t,68 11314 113-1
Conaolidated Sa. 1902 ..
Del.
95
S.AN.Ala.— S.f.,0a,1910
Lcban'n-Knox— 0a,19:(l ioo"
Lolll^T.C.A L.— 6a, 1931 '100
Manliat.li'iliCo.— 7a.lU09
N.Y.A.>t.B'h-lst,78,'07
128
tS8
119
1
Lat. Bl.ASf.-l9t,6a,191'.)
t.oulav.N.Alb.AC'.-lat.i;a
80
lie
1..AW.— 78, coiiT.,'92
Mortgage 7a, 1907
Del.
Loulav.AN.-Cmi8.7s,'98 1"'
102
2il ,7b. gold, 1883
C'eclllan Br'ch-78,1907.*10mj
N.O.AMob.-lst.OslOaO, 00
08
°''
E. H. A N.-l8t,68,1919
9434
Ueneral, 68, 1030
00
Penaac'la Dlv.— 6b, 1920
69
St. L. Div.-lBt,6s,1021
•45
2d,3a,1980
Naahv. A Dec— lat. 7a. 112
100 Si L. KrleAW.-l»t,«a,1919,
.Sanduakr Dlv.— 6»,1P19
V
76
N.Y.W.Sh.A Bnff.-Cp.5s 75-s:
75
MeTailaCent.— 1st, 6s
,,„
N. Pao.-O. 1. g., lat.cp.6s 104"sl0tV
OhloContral-lat.6a,l920
2il consol., niniii line. 881*116
2.1, Waco A No.,8<,1915 -••.-•
»» 101
aenernl, 6a. 1921
Leh.AW.H.— Cijn.g'd.as i02Vi02ia' Houa.E.AW.Tex.-l8t.7s|
Ill.Cent.-Sp.Dlv.-Cp.6s
Am. irkA Imp.— 58,1921 S8
47
95»,
'95»i
N.Y.C.A8tL.-lst,6s,1921
109
109
73
80. Car. Itv.-l8t,8s,1920
2d, 6a, 1031
Tex.Cen.— let,8.f.,7s,1909
Istraort., 7s. 1911...
Tol. Del.
Bur.— MalD.ea
let. Dart. Dlv., 6a, 1910
1st, Ter-l trust, 68, 1910
A
115
11213 Norf. A W.-O'l, 68, 1931. 100 =b'
lOtV) Ohio A Miaa.— Conaol. a. f. 117
105
Conaollilated 7a. 1898 ..
100 la
2d consolidated 78. lOH 122
lat, SprlngBeld Dlv., 7s
101
JOU
106
West. DIT.. 7s
Waco AN., 7a
46
receipts
A New Kng.— Isl, 7s
lat,0a, 1905
Registered, ea. 1921 ...
N.O.Pao.-lst,68.g.,1920
.
79
Consol. 68, 1011
Hona..tT.C\-lst,»C.I,.,78
I
1st couaol. assented. '09
Couv., a.i8eute<l.7a,1002
M.
'.09
8t.P.MInn.AMan.-lst,7s 108*4
loo's
2d, 68. 1909
Dakota Ext.—6a, 1910. 108<4 110
110
Mln's Un.-lBl,6a.l922
I
Buf.A.S. W.— M. «a, 1908
Ev. AT. H.— lat.cnna.jOal •06
Fl't4P.M'rn.-M.6«.1920i*
lat. L'Uiir. <.'ilM),7«,'94
7», l««8
2d (MO).
113
2d, prcf., 7s. 1894
2d, income, 7a, 1894 ....
Bellev.AM. lll.-l8t,Ma
1
6t.
108
108
'75';
Cairo Ark. A T.-lat, 7a
Oen. r'vAI. gr., 5a, 1031
St. I,. Alton AT. Il.-lst
.
.
109
Arkansas Br.— lat. 7a...
Cairn A Fulton— lat.7a
U:.
{
9t<a
63^
6a, 10-,t7
Atl.ACh.-lat,p.,7a,'97
Incomes,
Scioto Val.- tat, cons.. 7s.
St. L. A Iron .Mt.-l8t, 7s
2d, 7s. 1807
Tcx..t.~l.l--L.c..iii'' ''••20
•4S<a^
•43
»a>a
191
c
1
....-..
.. .
THE CHRONICLE.
336
H
:
I Vol.
XXXVI.
New York City Banks The following statement showw the
condition of the Associated Banks of New York City for the
and the totals from Jan. 1 to week endincr at the commencement of business on March
17:
The statement includes the gross
latest date are given below.
Avtragt araownl of—
earnings of all railroads from which returns can be obtained.
Bonfci.
Capital.
RAILROAD EARNINGS,
Tlie latest railroad earnings
Loans and
" January 1 to latest date" far,
nish the gross earnings from January 1 to, and inoludingthe period mentioned in the second column.
The columns under the heading
Latest Earnings Reported.
Boadt.
Week or Mo
W
1883.
1882.
$
S
81.768
78,821
57,509
224,723
Ala.Gt.Sontherr February.
January.
Jan. 1
66,73!
62,150
127,305
62,150
577,686
255,444
332,786
189.384
3,560,144
387,799
1.330,294
2dwk Mar
255,444
January.
33.',786
311,20(1
Januaiy. ..
96,353
February..
751,956
February.* 1,424,000 1,720,675
179,0.53
February.
250,28
2dwk Mar 177.531 151,776
1,625. 6sO 1,658,834
1,625.680
1,653.834
27.629
321,970
483,173
37.091
340.265 3.162,000
355.900 3,5"7,307
763,300
96.400
222.880
27,306
437,023
44,905
92,118
9,993
552,157
51,000
13,417
17,277
116,70U 1,089,100
61,300
6018
48,283
224,581
27,450
158,036
21.803
515,4,50
53,998
789,829
53.583
26,751
103,528
15,643
134,990
451,318
40,814
334,837
333.857
3,486,!04
3,817,211
844,500
217,309
496.181
83,309
492.237
13,417
1,114,999
Chic.
Oliic.
Bur.&Q..
AEast.
111.
.
.January.
:d
.
wk Mar
31.246
59.603
443,000
441,000
91.200
27.707
51,191
10,619
65,924
17,277
121,700
5,800
Cbic.&Gr.Tiiinli Wk.Mar.lO
OUic. Mil.&Sfc. P. 2d wk Mar
Chic. & Nortbw. 2dwk Mar
2dwk Mar
St wkMar
Oin.Inrt.St.L.&C. 2(1 wk Mar
Olev.Akron&Col 2d wk Mar
Col. HoeU.V.&T 2d wk Mar
DanlHuy & Nor. January..
Denv. AKioGr 2d wk Mar
Den'i'.& R.Or.W. 2d wk Mar
Des Mo.& Ft. D, Vst WkMar
Ch.St.P.Min.AO.
Chic. &W. Mich.
6,6!!;:
Lan. & No. Istwk Mar
Dub. & Sioux C". 1st wkMar
4th wk Feb
Eastorn
26,410
26,17?
JDet.
5S.03.T
E.Tenn.Va.&Ga 2d wk Mar
& B.8.
& T. H
Ellz. Lex.
February.
EvansT.
2d
75,037
56,198
16,18i
46,737
5,800
wk Mar
Fllnt&P.Maiq. 2dwk Mai
I't.W. &. Denver. 2d wk Mar
Februarv.
143,291
Qraud
Wk.Mar.lO
314.791
Trunlc...
X
.
Dimes &
"a diiuea.
-
72
95
55
45
10
3 99
alo 75
a 15 60
a 1 lOij
pariJ^prem
99Si8®
par
Mercantile
l,000,00(i
Pacillc
422.700
1,500.000
ISO.OOU
Hanover
1,000,000
Irving
500,000
3,OOO.00«
fOO.OOO
Motrop»lltan
....
Citliens'
Nassau
Market
in
«,5
4
'75
a —
® 4
•» —
®—
— 68
— 99
— 99%a>
l.OOO.OOC
Continental
1.000.00'.'
Importers'
&
Tr..
8,132,000
237,(.0a
6,:-lE3,000
B-.i.MOO
l,22l),00U
685.700
374,000
176,500
5.07ii,20O
6.2=1.1.00
5',iO.700
477,600
81.2.900
428.000
1,488,500
309.500
6.8611.900
2.847.1100
7.128.7110
83
^
160,5,10
505,1100
171,000
3.W 8 10
207 .000
S8H.li71,7ijo
132.00(1
W7.700
11,400
3,117.200
1,147,800
8.785,000
33",8o(,
13M00
S79.40CI
.754.1100
i,.S7 .2,400
270.800
250,100
652.800
107.100
IBl.Oor
647.90(1
Liae.'oo
7.9^0,loo
3,183,700
1,417,800
12,9^.000
],898.0o('
308,9ofl
438,700
2,393,600
2 295.6.10
2.839,500
2,3K8.100
2,607.000
4.030.O0O
6,833,000
70
2,10
48),8ji
300.000
400,000
2.l.»).loo
il,5oo
3.483,000
.500,000
2.000.000
lB,720.3fX)
581.0o(.
1.71^.U(|0
17 374 300
600.000
l.721.8,')0
2i0,00(i
1,615.000
t.is-.eoo
16,587,000
7.744.000
S,'14 1.000
250.000
Bast Illver
fourth National.! 3.',i00.li0(,
2.000.000
Central Nat
SOO.COf
Second Natlon'l
IKO.OOt
Ninth National..
SOO.OOCi
First National..
Third National.. l.OOO.OIX
300.000
N. Y.Nat. Kxch..
250.000
Bowery National
'
N.York County..
Qerm'n Amerlc'n
200.000
751.00C
Chase National.,
3> 10.000
fifth Avenue....
lOO.OOO
Gorman Exch.
200.001'
..
Qermanla
U.S. Nat
Lincoln Nat
4,287,900
8U,7ot.
23,Ooc
05.8o(.
2'i4.1o,
8
6-23.liO(.
1,100
267,800
1,648.100
1.288,400
12.738,500
2,911.500
2.182 100
1,618.700
9 76,000
908,800
800.003
281 ,700
71^1100
240 8).
128,000
2,800
840.000
20,000
•2.311.200
1.113.90S
8.401.901.
9.942.000
8.595.000
3,877,000
5.082.700
1,017.800
900.000
755 000
2, 832,301;.
828.bda
49,000
5,400
2 855.300
8,837,80.1
1,723.1(X
2.736.5 K
8,433 loii
2
isii.oiin
419 500
2250.000
289 000
99(<,2oij
9.315.110C
2.120 900
2,409,100
2.348.aiK
445 ooe
l.»28,20(.
2,928 Ojf
2.788.H00
5.919 1X1
12-' ,700
isb'.bw
4.800
150.000
1 li72.7jfl
270.0lid
8.821.000
21,2vi7,4,;ii
571 .8,)'
889,76o| 21.314.0ot
l,7l3.2iir,
112.800
167.001
1,631.000
114.1
929.000
731.200
1.080,000
1.3«5 90a
45.010
7,«28,000
3,913 000
228.300
889,930
207.000
90,000
16.49»,70C.
618.0,11
82,i.O0O
385.0U0
6,8i6,7.)0
60fi,000
328,5.)o
14,31^.000
44 900
bOS.O
(.
571.800
0,910.71X1
llP.1.-](.
r,!0»ix;
212,7™.
248, -.'00
2.3,8o,i
1 .1
C87.l.nc
1.127.8)0
377.80C
78,000
8,83 100
143,3,10
07.0,)f,
184,000
71,900
151,300
225
500
5,316 900
2.4SI3
2.0.2,000
1.875.00C
1.848,700
6,029.700
!, 3; 0,800
800.001
8&9.8D0
9i3.S,
2,'67,a)(
6.0<-8.aoo
14,842,000
6,743 «Ofl
1,4W4,4C0
l,970.M)a
1.672,100
200.000
600.000
t
41.5,000
3.113,000
284,500
971,700
;ia--',()00
2,b62,^'00
tion.
»
638,0o<,
!f51.90(,
s.ibi.eni
5,007.000
3.531,900
1 .675,900
CirciOa.
84.000
449.100
78.20C
81,200
108 000
840,300
105 300
94,800
88,000
110.300
240.300
143.900
148.900
467.000
604,700
187.60C
808,500
201.300
357,100
127.900
84,100
187.000
666.200
283,100
43i.O0O
211,800
174.200
98,800
70.800
1.688,800
1
1
I
70»3
par
448.000
813.000
.6.853,000
6,420 2oO
6,216,100
500,000
Park
Wall St. Natlon'l]
North River
s5ia
9t
*
1
600,001
3hoe 4 Leather..
Corn Exchange..
Marine
— 99%a par.
— 92 a — 95
— 86i«« — 86I3
—
t
1.2W,00fl
18,rtl3.00fl
600,000
Oriental
gold for various coin8:
silver >4S and ija.
Five francs
Mexican dollars..
Do uncoinmerc'l,
English silver
Prus, silv. thalers.
U. 8. trade dollars
U. 3. gilverdoUars
Legal
Tenders.
1.88-2,800
1.034.(100
60fl,oor
Nicholas
at.
70,917
257,100
209.332
429,238
599,772
55,461
145,565
413,293
4,27J.800
9.272,H00
2,874,000
7,06J,800
2,9^9,300
1 ,62o,000
12.807,300
8,421,500
1,'ili 1,800
200.000
700.000
I
—The following are quotations
3 85
4 76
Broaaway
5,000.000
5.000.000
1.000.000
.
North America..
Earnings on 2,890 miles this year against 2,917 lu 1882.
Freight earnings.
J All lines Included.
: Trafflc interrupted by floods.
T Small earnings due to freshets
«
a
»
300.000
200.00C
200,000
600.000
300.000
800,000
People's
t
«$4 85
Butchers'iDroT.
Mechanics' &, Tr.
Ureenwich
Leather Man'f rs
Seventh Ward...
Stateof N. Yc-k.
Chatham
i
si
HI
fOO.COO
800.000
1,000.000
1,000,000
Republic
*
$4
Napoleons
3
X X Reichinarks. 4
Guilders
3
Siian'h Doubloons. 15
Mex. Doubloons.. 15
Pine silver bars . 1
Fine sold bars
Moroh'nts' Kxch.
Siillatln Natlon'l
Commerce
1
Coins.
1,200,000
3.000,000
l.OOO.OOO
1.000,000
1,000,000
Fulton
Chemical
1
Sovereigns
2,000.l'00
Union
America
Tradesmen's
235,898
277,697
113,77
285.636 3,102,174 2,800,987
61,628
66,859
7,654
Gr.BayW.&St.l" 2d wk Mar
8,10
329,119
200,888
33,.5 4
17,359
GulfCol&San.Fe Istwk Alar
461,923
362,-0
Hamilbal&St.J 2d wk Mar
51,965
41.958
46,636
33,576
15,290
Hous.E.&W.Tox Februar.v.
21,788
Illinois Cen. (111.) February.
447,420 540,668 1,003,023 1,128,929
313,039
243,837
121,895 156.606
Do (Iowa) February.
563,433
786,770
362.656 290.724
Do So. Div February.
473,775
46,970
586,722
Ind.Blooni.A \V 2d wk Mar
63,77
32,612
K.C.Ft.8. &GHII 1st wkMar
37,750
270,601
299.99S
21,742
li, Erie & Wcsl'u 2d wk Mar
30,824
112.830
89,849
18,263
22,117
I.. R. (VFl.Sniitb 2 wks Mar.
48,191
I..KU.M.Riv.iT. 2 wks Mar.
79,67
12,270
6,916
335,141
309,457
d wk Mar
37.718
3 i.'J54.
Xjhuf Island
Louinv.&Nasbv 2dwk Mar 257,700 24),2'iOi 2,619,835 2,410,102
48.031
Mar.Uougli.i.<( O February.
22.610
36,203
17,000
215,996
198,731
Memp. & Cbarl. Februar.v.
103,000
97,016
281,809
Mcxioau Cent.. 4tli wk Feb
31,111
35,437
Do No.Div 1st wkMar
3,559
132,790
Mexican Nat'l.. 2il wk Mar
14,56
166,116
162.851
Mil. L.Sh.& West 2d wk Mar
15,335
18,210
Hlseouri Pacilic. 2d wk Mar 206,22a
116,907 1.754,8.5" 1,262,179
Oenlial Br'ch. 2d wk Mar
31,107
283,977
165,313
17.578
561,239
53,0;i3
779.il8
lut. AGt.No.. 2d wk Mar
68,735
Mo. Kan. &'l\. 2dwk Mar 136.639 105,933 1,312,582 1,012,116
Bt.L.lr.Mt.&S 2d wk Mar 150,565
129,012 1.474,541 1,279,363
Tex. & Pacillc. 2dwk Mar 129,073
756,150
74,14« 1,183,393
Whole System 2d wk Mar 725.693 496,942 6.788,774 5,039,412
388,808
318,265
Mobile -fe Ohio.. February.
172,200 158,589
392,650
Kasli.Ch.&St.l.J February..
195,262
174,971
345.727
490,007
431,103
231,741
217,262
N. Y.&N. EnglM February..
391,437
Morfolk <k West 2 wks Mar.
87,110
73.206
478,971
499,252
Northern Cent. January...
407,368
499,252
107,368
682,804
Norllieru Pacillc 2d wk Mar
990,327
110,70t)
84,250
Ohio Central
187,322
168,960
2d wk Mar
18,999
12,190
Ohio &Mius ... February
283,999 260,139
ss'.e's'e
Ohio Southern. 2dwk Mar
6,741
70,288
6,619
139,790
Oregon & C'al... February
1157,390
682',673
610,300
Oregon R.&N.Co February. {261.700 289,284
Pennsylvania .. January,
3.929,3.57 3,373.321 3,929,357 3,373,321
108,584
136,523
Peo. Dec. &Eve. St wk Mar
10.805
12,594
Phlla. «St Read.. Februnry. 1,153,862 1,290,421 3,062,037 2,793,196
Do C. & Iron February.
923,319 878.584 1,874,533 1,826,975
Pblladelp.&Eric January..
319,720
319,720 252,727
232,727
KlcUni.&Dauv. 2d wk Mar
731.105
707,150
170,200
168,200
Cb'lCol.&Aug. 2d wk Mar
161,'il4
191,786
114,950
113,330
Colunib. & Gr. 2d wk Mar
202.528
.175,780
119,059
115,080
Va. Midland.. 2d wk Mar
19"i,123
248.072
120.806
113,242
West No. Car. 2d wk Mar
55.991
32,417
14,582
13,145
Bt. l^.Alt.&T.H 2d wk Mar
298,720
251,695
27,890
22,657
(brchs.) 2d wk Mar
1)0
169,916
20,040
\D6,031
15,790
St. Louis A Cain 2d wk Mar
62.807
6,612
72,233
8,840
Bt.L.i&cSan Fran. 2d wk Mar
670.861
621.655
83,497
59.783
Bt. Paul A Dul.. 2d wk Mar
173,l;-3
18.175
14,119
143,032
Bt. P. Minn.J^M. 2d wk Mar
1113,080
145,533 1,173,7.<2 1,082,380
Bcioto Valley... 2d wk Mar
91.249
11,125
9,359
90,357
Bouth Carolina. January... 129,432 125,467
129,432
125,467
Tol. Cin. J: St. L January...
80,002
69,433
80,00
69.433
Union Pacitle... 18 dy 8 Mar 1,338,822 1,233,07 1 4,661,226 4,954,905
Utah Central ... .lanuary. ..
99,181
109.989
99,181
109,«89
Vicksb'rgA Mcr, February..
44,709
43,012
95.817
90,321
Wab.St.L.i Pac. 2d wk Mar' 391,025 344,473 3,067,302 3,000,462
West Jersey
January...!
61,820
53,148
61,820
53,443
Wisconsin Cent. Istwk Mar
25,798
19.233
Georgia
Mechanics'
American Bich
9,422,001.
7,055,00(.
6.306.40(i
7.1la,00ri
2,050,000
2,000,000
Phoenix
Biu-.("eii.R.ifeNo.
49,21 9
2,000,0(i0
Co...
City
Ced. B. & Mo. R.
Central of Ga...
Central Iowa...
Central Facitlc.
Chcsar. & Ohio.
Chicago & Alton
.
Manhattan
MorcbaniB
1882.
$
165,899
78,821
498,177
224,723
311,200
157,265
3,142,000
494,429
1,504,796
Buff. PittPb.&
New York
to Latest Vate,
1883.
Specie.
iUcounts.
1
,007,700
210,600
44.200
164
OiX.
16,607.900
60.982,700 319,072,000 48,551,000 17.C81.10fl
Total..
deviationa from reiurna of previous week aie as follov s
Dec. 18.795,900
Dec. I5.5O8O0O Net deposits
Loans and discounts
The
:
|
Deo.
Specie
2.967.800
Dec.
Circulation
1,800
883,9001
Dec
following are the totals for three weeks
Leasltenders
The
Specie.
L. lenders. Deposits. Circulation. Ago. OUar.
t
»
«
»
»
65.332.000 18.915.800 S03,2J3.900 16.515.200 760.188.160
10 ...826.180.000 51.619.700 17.917.000 283.411.400 18,6C9.200 748.541.655
7«0.5!:8.987
17,081,100
289,81.5,500
16,607,900
48.551.900
17.... 319,872,000
Loans.
«
1883.
Moh
••
"
3.... 827.472,300
Boston Banks.
—Following are the totals of
t
IncludlnKthe Item
•
'
'
the Bo.ston banKs.
Deposits.* Oirculation. Ago. Clear
L. Tenders.
t
.Specie.
4.809.<(00
3,7! 1,200
SM 17,800
80,153,300
4,S91.300
4,905.800
3.841,800
8,683.000
84,141,900
82.345,700
3.).14a.20U
due to other
70.033.668
66.678.167
70,877,tt«
30,164,900
banics.'
Philadelphia Uauks.— The
totals of the Philadelphia
banks
are as follows:
Loans.
"
"
L. Tenders.
»
17,812,4E5
»
76,888,694
76,694,483
1883.
Mch.
5..
12..
19..
17,:'62,1J27
ltf,708.'125
76,173.51»l
Deposits.
«
68, 78,330
64,915,'i6»
61.148.10J
Circulation.
Agg.OlM'.
»
»
9,773,668
9,73>,252
8.807.371
Culisted Seenrities. -FoUowiag are quoted at 38
82,299.719
63.lal.7l0
55,087,444
New Street:
Bid. Asked,
North Pac. dlv. bonds. 8')ri
89>g
No. Klv. Const.— 9op.c 102
105
28
N.Y. A-. Seranton cons.,
lOOp.c.ex-b. &8t'ck
98
All. AFac— 6s, 1st.... 95^8
Ohio C.—Kiv. Div. Ist. 59^i
61
18
21
Incomes
Incomes
13% 15
per
cent..
104
107
Blocks 35
88ia
91
Oregon Iiiiprovem't
Cent. Branch
do
Istmort
20
Incomes
89
BoRt.H.&E.— Newst'k
^s Oregon 8I1. Line dellv26
^4
ed when issued
Old
21
102
Subs. 80 p. c
Buff. N. y. & Ph.,new 3012
cx-bd.
Asli...
45
Subs,
Preferred, new
23
30
Pensac. & Atl
26
35
Ohio & Atl.—Stk
75
Istmort
78
lOt'i IO3I2
1st inert
1 5%
19
55
Pitts, & Western
Contin'l'lC'ons.-S5 p.o
Kleh.&D.Ext.aub9.70« 52
Cal. & Chi. Ca'l & Dk
12"
7
St. Jo. & West
Denver & N. Orleans
St. Jo. & Paclflc 1st. 60
Subsidy sci-ip
do
2d... 15
do
Den.<fe R.G.K'y— Cons. 8,S^
213
Dtr.ver.fcKio. Gr.West
27
Kans. &Neb., Ist... 60
70
72
Istmort
St. Jo. & Western—
Edison Elec. Light.... 300
350
1st mort.. M.&A. div
Tex.&Col.Imp,— eOp.clOO
on. I'ao. K-y., Ist lu.. 82
IS"*
ex-bd
12>a
Gal. liar. &S. Ant... 30
10
Texas & St, Louis
5
Kccly Motor
68
lBtmort.,M,&A,dlv
8
10
Mexican. Nat
....
20
25
Incomes
Preferred
4933
85
88
4914
subs
Istmort
ox-bonds
Suhs.Sop.c
105
Mich.&O.—
131>3 150
18
U. 8. Elec. Light
M.U.St'kTrust Certs.. 17
4*8
....
Vicksb'g & Meridian..
T. ino scrip
M. K.
Bid. Asked.
Am. Bank Note Co
Am. Kailw'y Imp.Co—
Ex bonds and stock. 20
&
Newb. D'tch
1st mort
cSi
41%
Conn
prof
N. Y.Chlc&at.I,. equip
1
N. J. Southern
N.Y.VV.Sh.i&Buff.— Stk
del.wh.iS8.on old sub 32
k(j
Subs. O.A W..85 11.
N.Y.Sus.* West. —Stk
75 U
75 14
5
Istmort
2d mort
Incomes
l^a
I
3.1
76
76 '1
7»a
Wisconsin Central
Pref
mort 1st pref
Istmort
2a mort
1st
22
.
THE (^HRONICLR
Majicr U. lt»8.|
837
ABaTRACT PROM RBPOBTS OK TUB MATIONAL BANKd MADE TO THB OOMPTBOLLBB. DUO.
New York
90.
IMS.
City
Albany
New
New
York, otber
Ji-ntey
PhlllMlrlllbltt
Plltabllrn
Penusy IvuDia, other.
Total
DIvMoD No. 3
D«Ift«-ur»
BHltliiiore
,
afnrrlaud, utlier.
Wai^liin^ton...
DUt. of Columbia, otber
Vlrifliiln
Wcet
Virginia.
Nortb Cnrullna
RoathCiiruUun
(leoTKla
Florklii
Alnb.iiua
MUaiesiiipl..
N»if Orleans
Loulalniia, olbec.
Texas
ArkHiiHiiA
Louii-ville
Keiitiii'ky. other.
Tennessee
Cincinnati
CleveliiiKl
Ohio, otUor
Iniliuim
Chlc-ago
Iltiiiolr!,
uther
Detroit
MU-blKiin, other
MUwaiiKee
Wisconsin, other.
Total iJivlslon Ne. 5
Iowa
Miunosota
St. Ldiiis
Mi.ssouri, other
Kansas
Nebraska......
Total Division No. 6
Colorado
Nevada
San Francisco
California, other
Oregon
,
Total Division No.
ArlDna
Dakota
Idaho
Hontjiiia
New Mexico
Utah
WasUinRton Territory
WyoBilug
Total Division Xo. 8..
997,977,8U3I $8,449,356 «76,953.421
Total for United States.
STATEMENT OP THE NATIONAL BANKS OF THE RESERVE
5
Totals for resbbtb
1
Batnirect.
Bond.s Tor circulation...
Other U. 8. bonds
BtockH, iK>uds, &e
Due from bunks
Real cj4tate
Oold
Silver
Legal tender notes
National bank notes...
Clearing House i-xcU's..
V.
8. certKU'.s nf <lci>o»lt
Dne from U.S. Tr'auror.
Otber resources
Totals
LuibUUieM.
Oapltnl stock
SnrnlUM fund
Unalv'ilcd proSt«
Circulation
Due to
Dneto
tlcpositors
biuilid
Other UabiliUca
Totata
S
£
it
1
CrriKg, 4C.
-<1
CITIES,
4
p
P'
1^ 1^
AND TOTALS.
..:
1
.it
|li
to
ilir$.
Uil't.
MiVt. iir,
Hit':
Jft/'t. Xift.
Jf«'». mrs.
Mif: Mifl. iftf: MtPs
11199 23732 7-88 57-50 26'02 '>.l*-l'i •J 03 925 757 1899 10i)5 31-01 7-80 341 844 2-92 5«9'CO 660'S6 1.-230-S
-71
•60 10077 2.S6U8 337-0»
-73 •i43 3-28 589 1-00
60
34-28 20-83 1-72 10-64 7-31 7-J4
-P8 1-33
-32
•62 1-25
-56 2-23
-54 a!i
-37
-18
2-50
-12
•40
•35
1049 21-34 31 83
-50
70 -53 118 -07 31 •24 52 3496 43-04 67 -OO
11 "•55 •04
2-64 12-61
•07
•0»
-86
4-96
•83
91^»7
4^22
7-74
2-30
1-95
•80
1-88
124 58
2I-30 24-36 280 14-11 3-24 3-95
37 160
•20
•43
33 •13 26 -35 41
-08 09
3-22 lO-S*!
2117 25-82
•33
-71
2-66 1-49
'
5-82
49-21
•18
1-31
425 1419
2-59
2-43
10-72 121-16
1-30
1-G5
2-00
1-68
172 3-86
•50
•03
•26
•13
•30
•38
•08
•17
5-46
1-10
-56
-13
1-98
-35
1-91
4-61
•71
1024
224
•54
•37
116
•44
20247 504 02 1477 11579 45-90
50-45
50-35
11-4-i
2309
180
9-lG
lA'n4
1-40
-33
1-54
03
6 09
13i-22
1-53
-36|
4-09
1-28
-19
1-30
•52
2-28
-48
-34
•20
9-50
2-.i5
1-04
6-»»
3-59
6412
1447
6-47
21-62
3-30
-02
•05
-57
-39
2«2-47lsO4-02 14-77 115-79 45-90
43-6.'.
.10-47
73(l.'i 'JOS
M03
•05
03
•11
lH-(i4
'J-Tli
35
03
•52
•01
•75
•02
145
32
82
•01
•01
306
•28
•^2
•52
•02
•18
-83
-12
-13
•05
•12
•04
•03
05
14
•02
7-83
6-04
•01
016
•68
•17
•24
•04
•26
•W5
-29
•04
470
-70
-11
132
33
1-99
I •Oil
-11
•71
•14
•12
195
•11
•46
•56
•89
•27
•60
-29
•24
3-25
1-60
•12 •;'5
•07
•22
430.'> 4-43| 18-61 13-05
17'86 10-01 11-49
853 318
176 -72
-12
•05
•18
•04
112 288
•26 105
•09
•SO
•62 21S
2111 10^77
•14 V3>>
10
•02
443 1861
•01
•09
•18
3638 1750
60-23 1431 6^06
8'56
8-35
4-30
6-70
•66
•18
2^»S
•98
•68
-74
•33
210
107
63
634
S^uO 14-24
222 618
•61
136.'5
-71
2^^
-33
•35
395
HI
•18;
•64'
1-17 •iVt
1'70
8^23i30^i7' 7-fl,%4-0«
11»J 19-37 221 117
12
114
05| -on
65
23-7(1
3^06
37-44
0-90
31«4
5-30
15-85
220
r-«i
8 "^i
«8
SSIf
•04
155
8 -47
ll-OI
18-72
i7M
1.118-4 1.242-4
2,3«08
15r.-7.'.
1487 486
•63
•29
7228
17^l>5
l^SO 176-04 308-84 484-89
•20
37-61
7833 135-ia
12 2<V.^« 3J-78I 6.VS*
34 88-fil' 286 831 315-44
1 84 Ml-69 6.^8-«-iili>W>S
47«[ -96 a-i7-S9 43 64 -J^l 6»
5 39
SB-sy l7-.M)fln-25 14-3ll«-9fl 14
6-03
11«
87 4»«« 1.118-1
l.'-'49-4
•27|....
17
37
2JM*2*
.
:
:
THE CHIIONICLE.
338
luuestmeuts
AND
STATE, CITY AND CORFOKATION FINANCES.
The IsvESTORa' Supplement conlains a complete exhibit of the
Funded Debt of States and Cities and of the Stocks and Bonds
published on the lat,t
of Railroads and otfur Companies. It is
Baturday of every ether month— viz., February, April, June,
August, October and Seeemher, aud is furnished without extra
charge to all regular subscribers of the Cheosiclb. Single copies
are sold at $2 per copy.
~~
ANNUAL REPORTS.
Wabash
It will
..
St.
Louis
&
Pacific
R lilway
C
iini)an]r.
(For the year ending December 31, 1882,)
be receives with satisfaction that this company has
issued its usual pamphlet report for the fiscal year. lo a word,
the net result of the year was a deficit of $583,022 below the
amount required for interest, rentals and charges of every
kind, which, with the deficit of 1881, makes a total deficit in
The main report is by
profit and loss account of ?2,035,880.
Sir. A. L. Hopkins, Vice-President, and he gives a plain, intelligent and candid statement of the affairs of the company. He
says "^The net earnings .show an increase of .$1,512,092 over
those of the year 1881, with an increase of 622 miles in the
average length of road operated. Notwithstanding this gain
in the profits of our lines, the interest charges and rentals have
increased in a larger ratio, and the consequence of this disproportion is a less satisfactory statement than we had anticipated.
At the date of our last annual report, Dec. 31, 1881, the total
length of road operated was 3,348 miles, while at the close of
1882 it was 3,518 miles, an increase of 170 miles during the
In point of fact this additional mileage, consisting
year.
mainlj' of the St. Louis Jerseyville & Springfield, the Des
Moines & St. Louis, and the extension north of Des Moines,
Iowa, was not operated until late in the year, and the lines
referred to can hardly be said, even now, to be fairly under
way. The operations of the road have therefore been, prac* *
tically, upon the 3,348 miles stated at the close of 1881."
" The Detroit & Butler road, which forms part of our main
line from Detroit to Omaha & St. Louis, and is destined to
become an important link in the trunk route between these
points, was but just opened at the close of 1881, and is even
now incomplete in its arrangements for terminal facilities at
Detroit. These facilities, consisting of yards, wharves, freight
houses, elevators, &c., on the Detroit River, are vital to the
interchange oi business with the Canada lines at this point.
The lack of these facilities has deprived the Wabash Company
of a large share of the trafiic, to secure which the Detroit &
Butler road was built. The Cairo Division suffered an almost
entire crop failure in 1881, and consequently had but very little
business to contribute during the first eight months of 1882.
The Quiney Missouri & Pacific penetrates a new country, but
needs a connection with our Omaha extension, before its capacThe Braidwood branch has not been
ities can be fairly tested.
operated at all, and the Des Moines & St. Louis, the Des Moines
& Northwestern, as well as the Attica & Covington and Champaign & Sidney, have been but nominal additions during the
brief time they have been opened. Add to these roads the
Humeston & Shenandoah, about 100 miles, constructed jointly
with the Chicago Burlington & Quiney Railroad Company, and
which connects our Iowa Divi.sion with the Omaha extension
and completes the air-line from Toledo and Detroit to Council
Bluffs, and which has but just been opened, and the Jerseyville
road, which has required a great deal of construction work to
Eermit the running of trains with efficient regularity, and we
ave altogether about 8i>7 miles of road upon which the earnings paid no profit above operating expenses. The interest
:
charges upon the.se temporarily unproductive lines have
anaonnted to about $700,C00.
"In the spring of 1882 the Wabash lines, which traverse the
richest and most productive corn belt in the United States, suffered from the serious failure of this crop in 1881. and the
business of 1882 did not, therefore, begin to receive the benefit
of the full crops of that year until August." * * " The average freight rates have been 9 50-100 mills per ton per mile, a
slight increase over the rates of 1881, and the expense per ton
per mile has been reduced from 7'04 to 6 94 mills. The earnings per train mile have been |1 38 against $1 27 '4 in 1882.
The profits on freight, even at this small increase, are by ro
means satisfactory, nor can such rates be considered a fair compensation for the service performed; but it is nevertheless a
Blight improvement. The most satisfactory result is in the passenger earnings, which show a gain of $876,531 28, or about 29
per cent. The operating expenses were 69 22-100 per cent,
while in 1881 they were 74 60-100 per cent, a reduction of
6 38-100 per cent. This rate, although less than in 1881, is yet
much larger than on many of the Western lines, but is not to
be attributed to a neglect of economical methods in the operation of the road, but to the higher rates of transportation on
the lines with which the comparison is made. Some of the
lines, for example, which connect with the Wabash are able to
charge from three to four mills per ton per mile on freight
more than the Wabash." • » *
"One of the most important and prospectively valuable of the
Unes added to the Wabash system since 1880, is the Chicago
Division, which forms the line between Chicago and St. Louis,
Jianeas City and Council Bluffs. It has required a large expendi-
rVoL.
XXXVI.
ture of money and a great deal of time to secure the necessary
terminal facilities in Chicago, and we have not yet realized the
full advantages of this line, but the arrangements with the
Western Indiana Company, recently perfected, will give the
Wabash line facilities for the transportation of freight and
passengers equal to any in Chicago. The following figures,
showing the amount received on freight to and from our
Chicago station since the opening of that division, is a forcible
illustration of the rapid growth of its bu.siness
1880,
Five months
$499,931
1881.
^1,095,216
Inc.
1882.
.$3,314,601
Inc.$l ,207,432
1881.
Year
$2,107,163
$395,285.
"The line between Detroit, Toledo and Council Bluffs, via the
Toledo Peoria & Western and Iowa Divi-sion, opened by the
completion of the Humeston & Shenandoah road, will constitute
the shortest route from those cities to a connection with the
Union Pacific, and will also open a new line between Chicago
and Omaha." * * *
" During the year the sum of $3,044,012 has been expended
for new construction. Embraced in this charge is the sum of
$377,827 for the St. Charles bridge over the Missouri River;
$461,500 towards the completion of the Humeston & Shenandoah
Koad, and $966,209 for car trust acd other rolling stock obligations.
These expenditures were rendered necessary in order
to finish new lines commenced in the previous year, but the
requirements of the current year will be comparatively 8mall.
The floating debt of the company is almost entirely the result of
these construction payments, but the company owns securities,
consisting mainly of bonds and stock, valued at $8,607,696,
available for the liquidation of the floating debt and future re-
qui'ements."
.
The comparative statistics for four years, compiled for the
Chbonicle, are as follows
EOAD AKD EQUIPMENT.
1881.
3,348
-.598
exprVs cars
458
289
561
*372
all otlier cars...
15,665
•20,139
*387
•19,660
Locomotives
Pass'ffer,
Freiglit
*
mail
and
1882.
3.518
1880.
2.479
Total miles operated
tfe
Includes narrow-gauge equipmont.
OPEEATION8 AND FISCAL RESULTS.
1880.
1881.
1832.
1.992,763
3,215,200
4,251.39S
97.774.576 137,114,727 16(i. 198,060
2-398 cts.
2-238 cts.
2-373 ets.
Rate per passenger jier mile
5,(111,012
Freight (Ions) moved
4.533.187
5,393,917
Freight (tons) mileage
1,105,783,399 1,149,774,547 1,247,611,320
0-928 cts.
0-951 cts..
0-8G2cts.
Av'ge rate per ton per mile.
Operations—
PaBKcnfrers carried
Passenger inilease
Earnings —
$
P.assenger
Freight
Mall, express,
Total gross earnings
3,944,520
11,885.226
1,021,943
12,428,112
14,467,789
16,851,689
4,294,713
3,358,723
2,790,813
897,142
323,361
power
Total operating exp'sea
Net earnings
Per ct. of expens to earn
7,787,349
4,640,763
62-65
I.NCOME ACCOUNT.
1880.
—
'
$
3,007,989
10,667,906
731,894
Maintenance of way
Maintenauce ot cars
General expenses
Receipts
"
9,532,334
551,326
2,344.4.52
&c
Operating Expenses —
Couductiug transiwrtation
Slotive
$
10,792,943
3,674,846
74-59
1881.
11, 664,75 2-
5,186,937
69-22-
1882.
$
.$
Net earnings ..
Other receipts.
Total income
Disburse m ents
Rentals paid
Interest on debt
Taxes, rent of cars, &c.
Dividends
—
4,640,763
33,601
3,674,846
277,245
5,186,937
4.674,364
3,952,091
5,515,697
328,760
$
$
$
483.255
2,657,360
514,569
1.009,079
3.447,627
637,504
1,329,918
""s6i)',\05
3,655,184
6,424,128
Total dlshnrscmcnts ....
Balance, surplus or deficit.. Bur.1,019,180 dcf.2,472,037
6,098,719
def.583,022
987,608
4,302,00ff
GENERAL BAL.ANCE SHEET (CONOESSED) AT CLOSE OF EACH FISCAL TEAR.
RR., ii'ldiugs, equipm't, Ac.
Securities & prop'ty on hand
Materials, fuel, &C
Construction, &c., for year.
1880.
18-1.
1882.
83,923,952
286,119
873,875
3,116,529
107,658,815
4 35,862
1,212,245
11,578,866
1,452,858
113,285,929
122,338,616
127,733,92*
Income account
88,200,475
Total
Liahitifies—
Stock, common
Btopk, pref eiTcd
Funded debt
(see
Sup'ment)
Suiulr.v balances*
Income aecoimt
Total liabilities
700,404
3,044,013
i:,035,881
$
$
$
2,6'82',234
1 019,180
4,236,622
£7,140,500
23,031,200
70,937,854
239,057
3,037.000
3,310,313
88,200,475
122,338,646
127,733,924
2 1,61 4, .500
Bill s payable
tjoai 18 pay alile
8,667,6.^7
20,453,000
42,094,858
33d,703
26,921,500
23,033.200
66,2!) 1,858
355.466
1,.500,000
Includes audited vouchers, interest accrued, interest not duo, unpaid wxcs, cSlO.
*
Cleveland Colnmbns Cincinnati
&
Indianapolis Railway.
{For the year ending Becemher 31, 1882.)
For the year 1882 the gross receipts were $4,441,600;
total
expenses, taxes, interest, etc., $3,589,968; net surplus income,
$851,632; dividend No. 17 of 2 per cent payable Feb. 1, 1883,
The report says
$299,984; balance for the year, $551,618.
that "during the first sii months cf the year there was po im
:
MAncii
:
.
THE CHKONlCLJl
24. 1888.1
proTeii>t>nt io the tbroagh rates of freight trafBo. wbich w«ra
in a atatx of nimnst hopdem deprensioD, and oontloalDfr at the
lowest point that had ever been rraobed in the conduct of rail
But in June, thruUKh the rarncst c(>-(>pi>ratransportation.
tion of all roafls.
nnagreffment wan established, restoring; a wry
upon whioh for the last half of tb» yt-ar freight
moderate tariff
rates were W.-11 mnintaioi-d The re!<tored rates were nevenhfieiia
very low, and the bssi.i of the winter tariff onl 7 reached the figure
of 30 cents per 100 pounds, Chicago to New York. The average
gross freight rate per ton-mile for the year is 0'7e« eents,
against 0671 cents in 1881, an increase of OOSS cents, fir S 2'J-IOO
per cent. The cost freight rate per ton-mile for the year is
0'S13 cents, ag.iinst 0*511 cents in lSSI,aa inoreaseof 0'002 cents,
or 30-100 per cent." • * " The tons moved one mile in 1883
were 447.411.484 against 4tjO,723,710 in 1881, a decrease of 33,313,3-2t>, or « 93-100 per cent.
" There has been in many quarters an Increase of freight,
coming to and parsing over the road, but on the north and
touth of the
line between Indianapolis and Cleveland a
loss of tonnage has been perceptibly felt through the operations of new and rival roads.
The competition of such lines,
which develop or originate a limited Iraftio, but draw or divert
largely from theolder and established road'", has to be nndiired.
On the Cincinnati St Springfield Division ttie withdrawal of the
New York Pennsylvania & Ohio Company's tra£Sc occurred on
the first of the year. The year's earnings of the different
frnight line organizations connected with your railway have
been as follows
Received
Received
Total
EiiMbound.
We«tbonnd
Revenue.
$377,.'^58
$645,800
N. Y. C. R.R. connections
$1,023,364
LIT
Epic Rollwiiy counectlong
178
335
Pennsylvniila R.R. ccnneotlons 108,545
19.302
127,848
all
all
connectloUB In 1B82.$754,.';0S
cum ectlons iu 18S1. 855,1'J5
»a97.039
503,853
$l,t.~>1.548
1.3j8.970
* * " Daring the year, and in parsnance of the general
authority conferred by the stockholders and directors, the
Interest of the Pennsylvania Company in the Indianapolis &
St. Louis Railroad and its leased line, the St. Louis Alton &
Terrs Hante Railroad, has been acquired by this company upon
• » •• Xhe principal
terms satisfactory to your Board."
changes are that your company becomes a joint lessee with the
Indianapolis & St. Louis Railway Company, and jointly liable
for the rent to be paid." * * " Under the new lease the rent
guaranteed is $430,000, and that amonnt is all that is to be paid
unless the gross earnings exceed $1,730,000, and then but 20
per cent is to be paid of the excess of gross earnings over
*
|l.750,000."
There has been advanced to the Cincinnati & Springfield
Railway during the year the snm of $159,208 for the purchase
of real estate, &c., to which is to be added the deficit in operating during 1882, $279,020, making the to'al sum advanced
1438,228.
In the General Manager' report there will be found details of
the extraordinary renewal expenditures, particularly referring
to the replacement of wooden structures with permanent iron
bridges, altogether aggregating an exceptional outlay in the
maintenance of the Cincinnati & Springfield Railway during the
past year.
The new expenditures made upon the main line on acconntof
additions, mainly for equipment, were f31.'<,826.
Comparative statistics for four years, not including Cia.
Division, compiled for the Chrosiclb, are as follows
EOAI) ASD EQUIPMEST.
1679.
1S80.
Miles
AlwU—
„„,,.,
It<
& Sp.
1881.
1882.
391
162
114
391
166
114
3,335
3,741
4,294
391
170
133
4,226
1,452
Locomotives
Pass.. mail ^feexp.cars
Freight earn
Coal and other cars..
913
978
1,308
OPERATIONS AUD FISCAL RESULTS.
Xarninga—
$
$
809,918
1,000,270
3,22.">,356
3,1.59,417
Ac...
863,448
3,328,209
146,451
165,076
178,788
Total f^oss eam'KS
3.675,055
4,338,108
4,290,350
4,338,475
Oneraling expenus—
$
Maint. of way. 4c...
492,223
Maiut. of equipment.
431,374
Traiwport'n exp'nsea 1,672,315
HlsceUaneous
96,395
$
s
$
618.623
520,052
1,748,983
88.967
600,423
513,478
1,697,346
155,923
678,638
513,999
1,618.6^5
122.456
2,976,625
1,361,483
2,967,169
1,323,181
2,063,778
1,374,697
Hail, express,
.
$
2,796.405
138,711
7.39,939
Total
17et carniugg..
2,692,307
982,748
IHCOKB ACCOCNT.
1879.
1882.
1880.
1881.
982,748
83,912
19,750
1,361,483
102.406
123,405
1,323,181
32,240
1,374,697
103,125
04.305
1,086,410
1,587,294
1,441,692
1,572,127
425,180
117,014
374,770
47,864
440,492
118,188
749,540
475,218
112,688
""'263
498,615
121,276
Dividends
Mlacellaucous
Total diaboreom'ts.
Balance, surplus
964,828
121,582
1,324.657
988,174
853,518
632,204
939,923
Rett ipis—
Not
oarniiigfl
Rentals and interest.
fiUsi'eilaneuus
Totallncome
IUfburtemenlt—
Interest on debt
Taxpfl
tt
A
16,437
262,037
JK
86,-271
^
....,.._
..
I
till!
Mm.
....!-.
(.'iinb
on hand
I... ,.
,xn
..
MI»erllnni-ou« Items..
Total
33,890,811
Ua-iUllifjiHto< '
'1
'
Ilii
l:»lT).
.
Bill
lllll~ il.Mlll.-.l
DIvliIendH
M iHcellitnoniin
Ualunce to
aiiriilns.
.
Total llabllltlca.. 22,890,811
24,130,562
24,191^886
•In 1882 Included- Ind. A fit. Ixmls ntnrlt. $.100,000; wrond m«>rtROge bonds, #1 58.7.50: onnipnicnt Imndi., $'218,000; (Sn. * Sprinidlelil
second mortKURc liondH. $526,010 Dayton A irnion ntnrlc and Imnds,
$68,212; I'nioii Depot (rolimibuii) stock, $37,208 Men-haota' DISDatek
stoolc, $32,600, and a few amall items.
;
;
Chicago Barllngton
t
{For the year ending Bee.
Qninrjr.
31, 1882.)
In advance of the printed annual report, the offlcera of this
company have kindly furnished the Chro.ttcle with the figures
for 1882, vrith which the following comparative table is made up;
ROAD
ANI> EQCIPMENT.
Icaacd.
1979.
1 ,760
1880.
2,075
Mllos operated Jointly.-
97
97
98
1,857
2,772
FISCAL RESUL-rS.
1879.
1880.
2,924
Mncs owned and
Total operated.
Earningt—
$
Passenger
FrelKht
2,5e6,6.'>2
1 1.6.50.023
*o
Mail, cxprecH,
599,831
Total gross earnings. ..14,817,105
Operating ejcf>en»a—
$
Mainten'ce of wav, Ac. 1.7.52,278
Malnten'coof equlpm't. 1,488,068
Transportat'n expenses 3,927,640
Miscclluneous
60,227
^fet
Total
earnings
7,228,222
7,588,883
1881.
2,826
1881
$
$
3,21$
laSS.
$
3.534.209
16.054.197
903,041
16,.''i9.5,81f»
20,492,047
21,324,150 22,003,304
3.616.086
15.711,510
1,112,245 1,534,802
2..'?28.019
.584,075
1.632.416
5,144,338
58,131
1,841,037
8,003,369
144,976
9,362,904
11,129,143
4,7.'S6,092
10..574,357 10.661,341
10,749,703 11,334,913
iNCOHE Accoinrr.
1870.
Heeeipla—
$
Netcamini^
Net B.
<£
$
1881.
1882.
m
•
11,129,143
899,315
10,740,703 11,334.963
1,170,437 1,329,725
7,588,883
12,028,458
11,920,230 12,664,68$
M. laud grant
Total income
1880.
7,588,883
XHtburaemmts—
$
Rentals paid
Interest on debt
$
179,093
2,110,938
Taxes
328,844
DividemU*
3,081.985
Carried to sinking fund.
230,493
Accounts written oti'.
423,085
TransTd to renewal fnd 1,000,000
203,000
3,292.718
310,668
3,430.454
441. .590
4,366,064
492,1.54
Total disbnrsements.... 7,354,438
Balance, surplus
234,445
10,106,763
1,921,605
4,349,286
148.771
3,883.789
615,623
5,023,599
563,385
687,246
631,443
1,250,000
1,000,000
750,000
In 1879, 8; in 1880, OH; in 1881, 8: in 1982,
A
i2,3V3
10,269,808 11,053.224
1,650,422 1,611,404
8.
GENERAL INVESTMENT NEWS.
June
rado
&
—
It is annonncnd that the Atlantic ft
will be completed to the Colorado River abont
I.
This will be the tei minus of this road. At the ColoRiver it will connect with a line now being built eastward
Atlantic
Pacific
1879.
1880.
1882.
1881.
1,035,7(!4
Passcnprors carried...
740,181
.«53,79t
899,330
PaRSPnser mileage... 34,071,«32 40,363,116 41.689,179 4 J, 759,982
2-235 etd.
2139 ctg.
Rate )wr paes. p. mile 2-172 cts.
2-l.">9 cts.
FrcigUt (tons) moved.
2,299,711
2.441,643
2,755,807
2,S80.923
PrclRht (toTis) nillVf 401.107.970 120.482.919 480,723,710 447,411,184
0-792 ots.
0-706 cte.
Av. nitc i>. ton p. mile 0-697 cts.
0-671 ct».
Passenger
Freight
.,.1
1
Hfl,
All
All,
. .
301
150
110
owned
889
OUfSRAl. KALAIlOa AT CLOSI OT UJUm WtaTAI. TRAH.
mnm
Total
Total
.
Paciflc.
Railway
Pacific Coast by the Southern Pecinc Railway Company, over which its trains will run to San Francisco. Th«
Southern Pacific extension to the Colorado River will probably
also be completed by Jnne 1, so that this new route to the
Pacific can be opened at the latest by July 1, 1883.
Chiraeo & Atlantic.— The Chicago & Atlantic is to b«
opened for business between Chicago and Huntington April 3,
and will be opened for through business, both freight and passenger. May 1. when passencrer trains will be run through to
New York. The route will be over the Chicago & Atlantic to
Marion, thence over the New York Pennsylvania & Ohio to
Salamanca, and thecce over the Brie to New York. The entin
line from Chicago to New York is controlled by the Erie.
Colnmbns Chicngo & Indiana Central— Chicago St. Louis
& Plttsbnrg.— A final meeting of the bondholders of the Columbus Chicago & Indiana Central Railroad was held this
week, at which the action of the Purchasing Committee, eompoHed of William L. Scott, Charles J. Osbom and John 8. Kennedy, in buying in the road nnder mortgage foreclosore and
arranging flir the conversion of the old bonds and stoeka into
new securities, was approved. The road will be reorganiisd
under the name of the Chicago St. Louis and Pittabnrg Railroad, and will remain a part of the IVnosrlvania Railroad
sy^tem. It will be bonded for $22,000,000. Its capital stock
wi!l be 130,000,000—>30,000.000 in preferred and $10,000,»10 in
common stock. The reorganization will be perfected in Ohio,
Indiana and Illinois, and States through which the lines pas*.
Articles of aaaociation have been filed changing the name to
from the
—
THE CHRONICLE.
340
the Chicago St. Louis & Pittsburp. with the following directors William L. Scott, Erie, Pa.; Charles J. Osborne, New York;
George B. Roberts and John P. 'Jreen. Philadelphia ; J. N.
McCnllongh and Thomas D. Messier, Pittsburg; Conrad Baker,
Indianapolis; George Hoadley, Cincinnati; and Alfred L.
Dennis, Newark, N. J.
:
press dispatch from Grand
Rapids, Ind., March 21, paid that the PenBsylvania Railroad
Company presented a bill in the Circuit Court of Kent County
asking for an injunction against the Grand Rapids & Indiana
Railroad Company to restrain the latter from paying the
interest maturing on April 1 on its bonded debt secured
by the mortgage of October 1, 1869, until it had paid
the interest coupons on bonds secured by the same mortgage,
previously maturing, purchased and held by the Pennsylvania
Railroad Company, amounting with interest to $2,345,000.
Grand Rapids & Indiana.— A
Hannibal & St. Joseph.— The Master appointed by the
court, J. K. Cravens, has reported, according to published dispatches, that on January 1, 1883, there was due the State
$549,000 for unpaid interest. The full text of the report has
not yet been received in this city, and Messrs. John P. Dillon
and Elihu Root, counsel for the company, say that the decree
of the court fixed the basis of the liability of the company and
referred no question as to the extent of the liability to the
Master. Nothing was referred to him except to make actuarial
are certain
computations on the basis fixed by the decree.
that under the decree the maximum of the compan.v's liability
will not exceed $160,000, and that there is no warrant in the
decree for any greater amount.
We
Massachusetts Central.— At a special meeting of the stockholders of the Massachusetts Central Railroad, in Boston, the
17th inst., the bonds heretofore issued by the corporation were
President Aldrich stated that the
ratified and approved.
directors had decided upon a plan of reorganization. They
have already secured the consent of the holders of nearly
$3,000,000 of bonds.
^
[Vol XXXV.
last-named railway. For the rights and property of the Boston
Hoosac Tunnel & Western Railroad, the West Shore is to par
$400,000 in cash and $700,000 in its stock. The money and stock
go to the Continental Construction Company, which" was building and controJled the Hoosac Tunnel road. Included in the
transaction is the control by stock and bonds of the Syracuse
Chenango & New York Railroad.
—
Oregon & Citliforniii Orrpron & Tmuscontinental.— At a
meeting of the preferred stockholders of the Oregon & Califcrnia Railroad Company, held in London on Saturday, the
lease of that road to the
>
& Transcontinental Company
contract was also entered into by
Oregon
A
as unanimously ratified.
which the lessee company agrees to complete and equip the
remaining 125 miles of the Oregon & California Road's Southern
Extension, necessary to give connection with the Central Pacific
Road. For this work the Oregon & Transcontinental Company
will receive from the railroad company first mortgage bonds
issued at the rate of $20,000 per mile (on new road)
and second mortgage bonds issued at the rate of $10,00(y
per mile (on whole read), which will amount in th»
aggregate to about $7,000,000. The lease of the road is
for a period of 999 years, the Oregon & Transcontinental Compan.y paying as a rental the amount of fixed charges interest
on the first and second mortgage bonds; $20,000 per annum to
maintain the organization of the Oregon & California Railroad
Company; $300,000 per annum for dividends on the preferred
stock, at the rate of 2/^ per cent per annum tor 3/6 years. After
July 1, 1886, the lessees agree to pay in lieu of other rental 35per cent of the gross earnings, with a guarantee that this percentage shall be sufficient to pay the fixed interest charges,
$20,000 per annum for the maintenance of organization, and a
minimum of 2 per cent dividend on the preferred stock. The
Oregon & California system, when, completed, will consist of
about 500 miles of standard gauge road. It will form, in connection with the Central Pacific and Northern Pacific Roads, a
continuous line from San Francisco to Pnget Sound. N. Y.
—
Times.
—
Philadelphia & Reading. The gross receipts from the
Mobile & Alabama Griiud Trnnk.— A decree has been
entered by the Chancery Court of Mobile for the foreclosure of railroads, canals, steam colliers and coal barges in February
the mortgage on the Mobile & Alabama Grand Trunk road. were $1,453,862 and the net receipts $626,095; for the fiscal year
Unless the company pays $1,240,000, with interest since April, since Nov. 30, 1882, the gross receipts have been $4,858,008 and
the net receipts $2,140,047. The gross receipts of the Philadel1874, the road will be advertisea and sold.
phia & Reading Coal & Iron Co. in February were $923,318 and
Nashyllle Chattanooga & St. Lonis.— The following official net $3,985; since Nov. 30 gross receipts have been $2,944,366,.
statement of earnings and net income is made for the month of and net loss, $1,306. The total receipts of both companies
February and the eight months of the fiscal year from July 1 together for each month of the fiscal year have been as follows :
to
Febrnwy
28:
FEBKUAEY.
.
-1883.
Gross
Nel
earnings.
eurniiiffs.
>
Main Stem
$176,326
Ijelianon BriincU
McMinuville Bianclj
Fayelteville BrancU
Centrev. Bi.. iiar. gauge,.
D. R.Val. EK., uai-: gauge
.
4,8»5
3.807
4,657
2.599
2,976
$195,262
Total
Interest and taxes
Balance net income
1882.-
,
earungs.
Net
tarnings.
$79,879
3,297
2,015
2,591
432
$159.9(31
$70,152
5,i69
3,773
4,061
870
2.0^5
1,050
Loss '*4
910
1,'Jll
Loss 135
$88,926
$174,974
54,r>29
$77,370
53,596
$34,397
$23,774
Gross
i;,887
EIGHT MOSTHS EKDIKG FEBBUARY 28
—
-1883.-
Decemher
January
Februai-y
Total 3 months
Orosn llcceipls.
1881-82.
1882-83.
—•—
Xet Itcccipls.
1881-82.
1882-83.
.
$2,865,201
2,559,994
2,377,181
$937,542
646,913
438,656
$843,783
664,87T
630,080
$7,652,143
$7,802,376
$2,023,111
$2,138,71(>
The
coal tonnage has been as follows, viz.:
Carried on the
railroad in February, 590,007 tons, against 453,973 tons in
February, 1882. Mined by the Coal & Iron Co. and by tenants,.
377,845 tons, against 290,654 tons in 1882.
—
Phila. & Reading— N. Y. Central. An agreement was made
between the New York Central, Reading, the Antrim, the Pine
Creek railroads, and Mr.W. H. Vanderbilt. The papers provide(as reported) for the issuing of a first
1882.
.
$3,231,677
2,451,466
2,169,005
mortgage 50-year bond
Orleans Pacific— A Washington dispatch to the
New York World, March 17, said " More than a year ago the
New Orleans Pacific Railway Company applied to the Secretary
of the Interior for a transfer to itself of the land granted to
the New Orleans Baton Rouge & Vicksburg Railroad Com-
for $2,500,000 on the Pine Creek Road, both the principal and
interest to be guaranteed b.y the other companies. Mr. Vanderbilt agrees to purchase at par as man.y of these bonds as are
required to pa.v the floating debt of the Pine Creek Company,
to pay for the location and construction of its line, to pay interest during the period of construction and for six months
thereafter. The Pine Creek Company further agrees that for
all sums of money which it may be necessary for the guarantor
companies to pay to protect their guarantee, it will deliver
second mortgage bonds at par, and that these second mortgagebonds shall never exceed the amount which may be advanced to
protect the guarantee, and that the Pine Creek Company will
faithfully apply all its net revenue to pay the interest on the
first mortgage bonds, and allow the other companies to inspect
A supplemental agreement increases the amount of
its books.
first mortgage bonds to be issued by the Pine Creek Road to
pany by
$3,500,000.
Gross
earnings.
Main Stem
Net
earnings,
'Grrss
earnings.
Net
earnings.
Iiebanon Branch
McMinnvillo Branch.
Favetteville Branch..
Centrev. Br., nar. g'e.
D.R. Val. KE.,nar.g'e.
$1,401,254
51,628
31,264
43,363
19,321
27,350
$608,692 $1,312,988
36,751
42,900
15,420
28,062
25,741
25,217
4,734
8,093
10,815
20,822
7,345
6,821
191
Loss 2,811
Total
Interest and taxes
$1,1.74,183
$702,1591 $1,438,986
433,929
$558,025
421,409
$268,230
$136,619
Balance net income.
$519,241
27,239
.
New
:
act of Congress, presenting, at the same time, satisfactory proofs of the transfer as between the two companies
Secretary Teller delayed action, but as Congress did not act
upon the subject, the application was referred to the President,
with a favorable recommendation. The President to-day returned the papers with his approval. This action in favor of
the New Orleans Pacific Railroad (now owned and operated by
the Texas Pacific Railway Company)
is final."
N. Y. lake Erie & Western.— A dispatch from Buffalo reports that Mr. R. G. Taylor, General Manager of the Bradford
Bordell & Kinzua, the Bradford Eldred & Cuba and the Tonawanda Valley & Cuba narrow-gauge railroads, has been trying
to complete negotiations for the lease of the roads under his
management to the New York Lake Erie & Western Railway.
New York West Shore & Buffalo.—Negotiations which
have been pending for some months between the New York
West Shore & Buffalo Railway Company and the Boston
Hoosac Tunnel & Western Railway Company have been
flnaily concluded.
The latter company has disposed of all the
interests w««t of Hoffman's Ferry— a place on the Mohawk
River about ten miles west of Schenectady to the New Yoik
West Shore & Baffalo Railway Company, and agrees to extend
B road from Bei)*»<eclady immediately to a connection with the
—
Pittsburg Ciuclniiati
this railway
&
—
The annual meeting of
St. Louis.
in Columbus, March 20.
'The
company was held
report of the directors for 1882 was presented, showing gross
earnings of $4,214,923 ; expenses, $2,830,998 ; net earnings,
$1,383,923 ; interest on investment and rent of equipment,
from which deduct
$19,636 total net revenue, $1,403,559
interest on funded debt, $851,990, interest on car trusts,
$143,541 ; other charges to income, $129,444 ; leaving a profit
of $278,584 on Pittsburg Cincinnati & St. Louis Railroad
proper. Deducting the loss on leased lines of $271,176, leaves
a net profit on all lines of $7,407, against the loss in 1S81 of
$258,783. The earnings of the Columbus Chicago & Indiana
Central Railway were $5,122,913; expenses, $4,419,3.58; net
earnings, $703,584.
;
;
Toledo Cincinnati & St. Louis.— At Toledo, O, March 20,
the annual meeting of the stockholders of the Toledo Cincinnati & St. Louis Railroad (narrow-gauge) was held and the
following directors were elected: QeoTge William Ballon of
New York, John McNab of Glover.sville, N. Y., Theodore
Adams of Philadelphia, G. C. Moses of Bath, Me., and John
Felt Osgood of Boston. A little over 125,000 shares of stock
out of a total of 2.'<0,C00 shaies were voted.
,
Mai en ^4
1
.
,
THE CHRONICLE.
|lHfS.]
341
COTTON.
ruDir. P. M.. Uaroh 33. 18M.
Oeof. mi Indiofttad br 'mr tol-fframa
from the South to-nlRht, ts giten below. For the week endln*
Uiia •venlng (M.trch 23) the toui moiripU have rMehed
lOB.oa
bftlM, aminst 1 1 1.181 b«lM Urt week, 134,83il bales the preriow
week and 135,321 bales Uuee weeks siDoei making tiie total
reeelpta ainoe the 1st of Seiitember, 1883. 5,343.783 balni, against
4,336,600 bales for the aame penod of 1881-83. showiiur as
inoreaae dnce September 1. 1883, of 1,006,178 balea.
Thi M«Twi«Tr or
OOMMERciAL "epitome.
FaiDAT NioHT, March X), 1883.
The weather daring the m^Ht nf the week h%« not been
spring-like. The temperatnre has fallen qaite low in all part*
of the ooustry, aod mm^h snow i^ reported in Home aeotiims; aa
the week
tm
however, there has been a favorabti? chiini^A.
Fridav-, it) partially obaerred ao a iioliday,
almost all the Kiuhanges being closed: the banks are open, as
SM»lpl$<U~
AK.
Jfon.
TUM.
Wtd, nun.
fW.
it is not a leKal holiday.
GFreat stringenoy has continued to
2,n« 3,280 1,03S 5,340 3,U<H> 9.319 loieis
prevail in the money market. This and the other ciruum- Qalveston
tndlanola, Ao.
stance.s mentlon-'d have not been favorable to the progrens of
IJ8
ia«
2.162 9.029 0.833 4,936 3,288 f,U9 30,097
either lefiilimate or specalative basiness. Still, thene are mere- New Orleans...
733
436
421
ly temporary drawbacks, and there is every reason to anticipate MobUo
102
1U2
766
3,MO
Florida
an early change for the better in all respects.
99
»9
1,550 2,608 9.03i 3,782 3,094 3,061 ii,7a7
The provision market ha.s been irregular, and although the Savannah...
Bmnaw'k, <kc.
speculation in lard has been free, it has generally been iu the
2,25
1,437
1.438
interest of those desiring lower prices. The receipts of hogs Charleston
I, IS?
728 1,403
8.9M
Pt. Royal, Ac.
at Chicago have been much larger. Here prices are low^r and
216
<!•
23S
362
irregular, and Thursday showed much uncertainty.
412
820
Mess pork WUnlngton....
393
301
1,«M
Horeh'd U.,Ao
was Pold on the spot at $19 12)60$19 36; family mess J;20®{i2l;
1&4
l»4
1,632
S,5S0 1,651
prime mt-ss tl8 T.t; April options for contract.' Western quoted Norfolk
1,8:3 1,9 J9 2,929 11,743
Woat Polnt,Ae
$18 70@$li) 10. Lird sold on the spot at ll-42^o. for prime Vest8,111
8,411
«m; Continental refined at ll-40c., with South American quoted New York
40S
567
328 1.42«
393
493
8.117
ll'SOc; for future delivery the speculation was large at ir4}® Boston
070
556
033
989
49-.I
989
4,614
11-370. for April, n-46®ll-33c. forMay, ll-.IOigil^Oc. for June, Baltimore
978
578
irSOo. for Jnlyand ir57@ll !>4c. for August, closing about Phlladelp'a, Aa.
419
333 1,291
93
630
819
3,934
steady; March 114C@ll-45c.; Aprilll-42®ll-43c.; May 1144®
Totals tills week 12.548 1S.B63 17.877 18,1411 13,179 28.050 io\o«a
11-4.5C.; .June ll-4Sc.; July ll-54c.j August ll-.57c.j seller year
10-85®l0-87c. Bacon was firm at 10)6c. for long clear. Reef
For comDanson, we give the followinsr table showing the week'a
hams sold at f21 50 at the West. Beef qnietat $26(g)J37 for total receipts, the total since Sept.l. 1883, and the stocks to-night,
«ity eitra India mess. Butter has been easy and irregular, but and the same items for the oorresponding periods of last years.
the feeling at the close is better. Cheese rules steady and
1881-82.
1882-33.
lower ocean freight-rates have called out better export delUeHpU to
mands. Tallow quiet but steady at 8'4@8%c. Stearine is quoted
Thit
ainttStp.
SineeBep.
Uareh i3.
1883
1883.
at ll^s@n^c.for prime and 9%@10c. for oleomargariae.
Week.
Week.
1, 1882
1,1881.
Rio coffee has latterly been quiet but firm on the spot at
Salveston
lO.lilC
9,560
726,058
383.372
63.005
90,589
fl^c. for fair cargoes; options have been less active, but have
Indlanola.Ao.
72
138
15.760
13.350
nevertheless advanced somewhat, and closed Thursday at 7 30®
New
Orleans.
29,997
13.118
1,458,922
1.108.637
317,480
263.0SS
7-40C. for No. 7 for March. 7 40@7-45c. for April, 7'6O07 65c.
Mobile
4,1.^4
2,610 297,313
243.019 31,652
26,820
for May, 7 -80®? -850. for June and 7-90@795c. for July; mild
Florida
82
95
11,635
26,701
has been firm, especially for old yellow Maracaibo; Padang
Sarvannah
5.931
14,727
718.035
635,298
73.736
has been firm at 18^®l9c. owing to the favorable result of the
60,197
Bransw'k, Sus
6.061
5.508
Batavia anction. Rice has been steady bat has sold to only a
8.506 533,595
5,616 4«6.178 50.397
fair extent.
Spices have been more active in bonded goods, Oharleston..
36.819
Pt. Royal, 4c.
216
21,719
285
22,757
mainly cassia, which has, however, declined to 6>^c. in bond;
400
1,CS6 121,846
1.717 130,917 12,778
dnty-paid lots are quiet and somewhat nominal in value, buyers VUmlngton..
6,339
U'headC.,&c
154
17,250
181
25.68
purcha-sing very sparingly, owing to the fact that the duties
Norfolk
11,713 707,136 11.971
553,025 63,946
will be removed after Juiy 1 in this branch of trade, therefore,
47,303
West Polnt,4c
3,111
205,999
1,916
the demand is mainly for lots in bond which can be held till
175,402
3,117
120,487
1,496 139.512 226,5.^7
after that date. Tea has been less active than recently; green New York
327,315
4,614 142.149
has declined slightly at auction, but Japan and Oolong have Boston
8,660 179,163
5.895
11,319
578
37.000
been steady; at an anction Thursday pricrs were firm. Foreign Baltimore
19
11.096 26,188
37.718
3.521
dried fruits have been quiet at some decline,while foreign green Phlladelp'a,Ao.
68,362
1,075
96,915
9.580
20,353
have been fairly active and steady. Cuba molasses has advanced
Total
I05.0«ij S.212,793 61,916 1,236.605 881.001
899,728
to_33c. for 60-degrees test refining and has sold fairly at that
In order that comparison may be made with other years, we
price; grocery grades have been moderately active and steady.
Raw sugar has been quiet and more or less depressed, owing to give below the totals at leading ports tor six seasons.
consid»*rably larger receipts as well as a weak market for re- Reeeipt$ at—
1883
1882.
1881.
1880.
1979.
1878.
lined; fair refining has still been quoted at 7 l-16@7/^c., while
Qalve8t'n,4c.
19,751
5,632
13,113
4,690
9.631
86-deg. test centrifugal closed at 7M(*7 13-16c., and the average
4,151
29 997
13,148
38.024
27.057
16,667
tun of Penambuco cargoes at 6%@6%e Refined has been quiet New Orleans.
22.018
Mobile....
2.610
4,151
3,791
2.311
and closed at S%e. for granulated, 8^@9c. for powdered, 9!^c.
2,808
9,248
Savannah.
14,727
5,931
7.033
3,500
for crushed and 8Mo. for standard "A".
8,191
8,322
8,722
5,905
5,124
Although the movement in Kentucky tobacco has been small, Charl'st'n.Ao
3,996
3.838
3,454
1.810
1,931
1,501
783
yet the late range in pricrs is firmly sustained; the .sales for the WUm'gt'u, 4o
1.831
1.893
15.151
week iuclnde 335 hhdH., of which' 145 hhds. were for export; Norfolk, 4o..
13,837
3,723
6.210
11.393
7,719
12,228
11,332
lugs were quoted at o!i@6}^e. and leaf 7@10>^c. Seed leaf has mothers....
16,089
4,80
11,336
12.787
been quiet; eales for the week are only 680 cases, as follows
Tot. this w'k.
105,062
61,916
93,690
53,419
60,608
69,470
200 cases 1881 crop Pennsylvania at 7®12^e.; 180 cases 18.S0
crop Pennsylvania at 8@18c.; 100 cases 1381 crop New England ainee Sept. 1. 5242,783 4336,605 .'S012,I12 1117,66i> 4119.320 3803.198
Oalveiiton laplude,i India lola; Cbsrleston inclnden Port Koyal, *«..
atlOtasOc.; 100 cases 1881 crop Ohio at 6)ic and 100 cases
nilmlnxton Includes Morehoad City, Ac: Norfolk InoludesCttv. Point. *«;
sundries at 3J^®18c; also, 400 bales Havana at 88c.@$l 18o.
The exports for the week endiag this evening reach a total
In naval stores little of importance has transpired except the
steady decline in spirits turpentine, which was the direct result of 95,0.5!t bales, of which 48,187 were to Great Britain, 11,730 to
of the drop at the South and the lack of business interest here; France and 33,142 to the rest of the Continent, while the stocks
yard lots were quoted at 4S@48)6c.; common to good strained V made up this evening are now 884,904 bales. Below are the
rosins $1 65@fl 70. Refined petroleum, while remaining quiet, exports for the week and since September 1. 1883.
has been advanced by the higher prices for crude certificates;
ITMk »i<Uii« Mar. S3.
rnm atft. 1. 188S. to Mar. «S, ISSa.
llO-degrees test is now quoted at 8?6e. and 70-degree8 test at
BxporUdtn«r|Mrt«
8j6c. Crude certificates early in the week were active at mncli
Great
OoiUi- IWal
SrwU
OmM. IMal.
/nmhigher figures; since then the realizing sales have brought
BrU'n. Tranet MlX. ITMk. BHCotJt. fVviUi
IMM.
figures down from $1 10 to $1 03 >^, with the closing Thursday at
S.10O
8M0 IIMO I71,8»< »JU»1 186,190 u»jm
$102%. Hops are looking better; there have been sales of the best OalTMton
New Orleaos. U.IM 11,ass I0.7TS ».»a 680.063 n8.(«e mxa. IJVTJSV
State crop of 1882 for May delivery at
oloHen,
To>da,v, beiuK
(^<'>od
;
.
;
:
Jl,
and for prompt 87K
@90c. have been received; yearlings are quoted 70cS90c. Linseed
oil steady at 65056c. for city, 63>6®54c. for Western and 59®
60c. for Calcutta
J.,ard oil declined to 91c.; crude sperm
$105; crude menhaden 50c.; crude cotton seed 47c.: refined
summer yellow 61@52c.; crude Northern whale 58@60c.; do.
Southern 65@.'i7c. Ingot copper steady at n%®n%c. for Lake
and 15Mc. for Baltimore.
Ocean freight-room has i)een irr-'gnlar; all rates have declined, and the latest tone shows an e.iay and unsettled state of
aflfairs.
Grain to Liverpool by ste^m was taken to-day at 2J6®
3d.; cotton 9-64d.; flonr 128. ed.j bacon 15s @17». 6d
cheese
17s. 6d.@208.; grain to London hy steam 4>6d.; do. toUlas^'ow
by »te«m 3>^d.; dg. to OordU? by st-am V^d.
:
Mobil*
1.100
1.100
4.800
0,111
13»
0,10
1.100
8IJ85
«7.«S0
«S.«M
1M.S84 M.7;»
tssjia)
19.IIS
i;o.0M
ijtm
»«J7I
naata
Sl,71>
Florida
aavaooah
CtaarlMU,!.*...
*3M
WUmlnstoD..
a.iM
».7ua
1,100
Nortolkt
Mew York
..
BoMon
R'^ltlmore
t>
.llsd(lp'*,ac
Total
ToUl
lS8l-sa
6,«I6
as
4.ia»
1,877
8.&80
4,000
•
<*>
•
10.11*
841 RTK
4B77
l»U»«T
8,006
4.0MI
laxno
S8.I0B
s.ii«
uasso
lis
i»i.Ma
in.sio
86.188
ia3.iaa
i,«ei
tut*
BS.06W I,I»I,3»4;MI.SW i,au.aa8
uso-in
6ifi-*
1S.1»7
u.r». a9.m
M.OM
IS.aBSl tl.0«5' 81.010 1,707 88*
Inelndu oxporu (roni Part Roral, ho.
t Ineladss Mporti (ram Ws« Paint. Itc
*
btjsia
t»tm asiaa
SS<I.S8S
tn«MI
aatattjuiii
;
^
1
In addition to above eiports, oar tei'esjrania to-nifrht also prive
us the following amounts of cotton on shipboard, not cleared, at
the ports named. We add similar fii^ures for New York, which
are prepared for our special use by Messrs. Carey, Yale &
Lambert, 60 Beaver Street.
On
Shipboard, not cleared—for
Great
Britain.
New Orleans
Frante.
30,580
3,600
541
2,700
12,176
11.218
3.800
3,500
11,097
3.900
68,118
16,914
Mobile
Onanteton
Bavannah
Galveston
Korfotk
Kew York
Other ports
Total 1883.
None.
None.
1,917
None.
None.
None.
Other
'Foreign
Coast-
30,637
None.
6,144
28,000
7,579
1,626
2,300
500
1,100
2,100
1,638
5,416
None.
None.
76,786
13,865
88,389
101,159
12,935
32,138
22,197
62,981
4,867
4,000
175,683
709,221
S
I
more
•
o
§
a.
o
a^*
GO
-
oc
60
^8
-jo
2
ei
:
8)
1
00
cow
n
P
S' o- =
^
Oo
00
00
i
>r
©-:
l-'l-'Ol-'
OOoO OOqO OOoO
Oi
5
a
loto
I
05O
00
M^.*
(^
C&
h-M
00 ^
?;
I
00
11^
WO"
o<c«
il^=;
S
^1
CO
'^
:
:S
5
to to
-4CX)
05
•Sits
CO
'^
«o::
OOoO OCoO OOoO OOoO 00
— riOA
MiiOhl
O
^
g!
Co
:
oeoo 00o6c6
teoT
been at
the dealings. The leading influences adverse to the support
of values have been dull and drooping, foreign markets, large
receipts at the ports and principal interior towns of the South
and the stringency of the money market. The operators for a
co
00
IfO
as
~S
SOKi-
-jo
o
5
o
tt
[H
~Jeo
K aces:
activity in
in cotton for future delivery has
-I
*
;
re
Pi-
The speculation
&
p,£n
ceo
761.340
626,996
128,388
XXXVI.
CrJopS
2." »
o
»
ow
I
241,605
27,152
42,49P
40,986
39.705
45,686
220.457
51,131
7,741_ 201,019
steadily declining prices, but latterly with
adSon
fc g
ai
u
I
Total 1882
Total 1881
!B
3.;
75,875
7,500
7,788
32,800
23,360
18,260
6,100
3,561
None.
^A
GQ
Stock.
_„,„,
^<'""-
wise.
—
[Vol.
e.so
Leaving
at-
23,
a
— =5 .psr'
—
'
THE CHRONICLE.
342
Mar.
c
05':
to
W^l
C»t
00 1k CO >
00
1
a WW 2 WW
coto
OCOkj"^
10 to M
aor-.'^
^1
o>
'^
have exhibited a marked loss of confidence in their ability
at present to promote any advance in prices. The decline of
March options on Wednesday to 10 cents was an especially discouraging feature, as it exhibited inability to carry stocks in
store. Yesterday the opening was comparatively steady, in sympathy with steadier Liverpool accounts,but the close was sliglitly
lower, except for March, which recovered a part of Wednesday's decline. Cotton on the spot has continued very quiet,
and quotations were reduced 1-1 tic. on Monday and again on
Wednesday. Thursday the market was steady, with more
doing for homo consumption, middling uplands closing at
lOi^c. To-day being Good Friday, the Exchange has teen
closed, and will not open again until Monday.
The total sales for forward delivery for the week are 384,900
bales. For Immediate delivery the total sales foot up this week
rise
1,998 bales, including
150
for export,
I
o
o
O
March 17 to
March 23
Ordln'/.^lfc
BtrlctOrd..
Good Ord..
Btr.
G'd Ord
79l8
r4'«
813,6
9I4
7%
71"18
8^
Btr.L'w Mid
Middling...
Good Mid..
Btr. G'd Mid
101,6
IOI4
10ii,e
1016,8 lO's
Midd'g Fail'
113a
Fair
123,8 12%
Wed Th.
Frl.
G'd Ord
Low Midd'g
Btr.L'w Mid
83,8
i'4-
Btr.
9=8
915,6
90s
916,8
MlddlinK... 10%
Good Mid.. 100,8
Btr. G'd Mid 1013,0
Midd'g Fall 11°19
Fair
121,6
•a
10
10J4
107,9
10^8
10I4
107,6
1078
11%
11%
1158
1238
11=8
1238
Sat.
«
1h
SPOT MABKET
OLOSKD.
Mon
Frl.
10
10
1014
107,8
1078
1014
107,8
lOTg
113|8 11%
llil,e 1158
127,6 1238
Wed
Tt».
7=^
8316
7%
Wed.
Quiet at 1,8 dec.
Thors Quiet
Frl. .
83,6
Total
(
moil Xnea
6.ai
01*.
—2
'*
Wed
7%
7i5i6
71,8
77e
l'%-
97,6
90^"
100
205
Holi day..
cJiOcn
OOo'.
^
o''CiOcj)
05^
9
o»
2
coo —
CCtO
CO
00
5
coco
ooco
a>
'^
SI
:
d-jOcj
OOO
00
t^
if*
oto
9
CO
5
2
^
-j-jo-j
ow o
00
lli».'.
o
1
sr:
00
06
1168
1238
Frl.
2
gto:
w
=
i
«
2
hi
eg
iju<:
OOoC ocSo
coaCci
CJOOC)
w O'05
?o ^ 00 ^
^^
WW — 2 ao
tOi(^
c;>
"^
'*
"^ts:
•0.4
UOqO
"b-.'-'
1
@,^:
— ^- co^
Ha
OCcO
-j-jo*j
-I
pf>
—
:
I
«
«
—M—
I
;
I
S)
coo9
i^rflO,^
tow
coifr.
ex
M — pt.— — 1^-1
OOoO
OOcO
C0((lO.*l
1
I
I
OOoO COcO OOoO
ffia>oo>
cjicjtO:^
esa
-IX
•ri«to^
s
ogo OOoC
jo:
5
'^
—M—
l^-lUO,^
o>-'^
CJ'CJlO O"
toto
ecoo
Ib-fr
~1<1
to
i
H'p-'WM
09
o*.
0,4
-]
00
@^:
tcra
I
ft
MM
QBO
SI
I
i
"^
ۥ
M—
:
—
OCqO
10 to
11%
fl.
E
to c; to
j
WW
t
w
tq
00 ^ 00
60 2
^
sim:
1
S
o
— — to — M — —
COoO MMV.M
OOoO OOOO OOOO
OCOO
6606
ooOo
6606
— — 0.1 — — 0,1
00
-J-J
05
00
1x0 (X 00 o wto —
I
1
I
'<
:
-X>
00
297
103
509
00
ciO
d-6
ODX
rii.
•if-
1
I
©
II
Holi-
a
^:
I
;
I
I
I
day.
@
I
28,200
58,400
98,500
17Gl 104,000
913 95,300
Beliverie4.
300
30O
300
700
400
150 1,543'
Thb Sai-bs and Pbices of FormiES are shown by the follow,
_
ing oomprehensive table. In this statement will
be found tie
prices of sales for each month each day.
^no
the cloBing bids, in addition to the daily and total sales.
3
I
tow
I
I
8)-:
OOoO
09
o — H-O*-t.
t9
I
I
:
l«:
9o9
— Om
Ik"
Sale*.
CO
OOoO OOoO
6606
— -='6
xco o 00 o
Frl,
The
duly market, the
00
to
'*
00
OOoO OOqO
JtOcj"
—
sTi:
OOOO OOOO OOOO CO
83,8
103l6 103iJ
1038
1038
1013i6 1013,0
llh6 ll'lb
119,6 11»16
125,8 125,6
7%
913
.
00:
1
V*
— — U(M
I
305
1.9931384 900 2,000
dally doUverms eiven aOove are aocually deUvored tliedavnr,
'
Tioua to tliat on w'licu tliey are reported.
I
"^
©to:
M — CO*-* — — W*"*
IK
715,8
8=8
9'.«
197
103
154
176
150
tt
OP
~J
Ex- Oon- Spee- Tranport. $ump. m't'n lit.
Total.
Qiilet at 1,6 dec.
.
Tnes. Dull
—
1-—
2^
OF SPOT AND TRANSIT.
Bat.. Dull
00
CJi
'Fneii
MAEKET AND SALES.
The total sales and future deliveries each day daring the
week are indicated in the following statemsnfc. For the convenience of the reader we also add a column which shows
at a
glance how the market closed on same days.
SAI.K8
CJI05
)>.
I
00
10%
73„
Low Middlliig
Middling... .:...:..::;::::::::;::
to
<
<10
coat)
— CO —
0050
OStt^
I
g
8p:
Coi^Oco
00
- ^
Ik'
101,6
105,6
"7%"
1013,8 1013,8
ll'ie ll'ie
119 6 ll«ie
125;, 125,6
STAINED.
Good Ordin ary
Btrlct Good Ordlna
10
io4
•1
2
t-*
— >-
coo
B96
9716
91*16
103,8
10%
108,6
1013,6
116,8
121,8
OOoO
If'W
773
Wed TH.
7%
BtrictOrd..
Good Old..
CO
93,6
1
Ordin'y.»l)>
raonjTae* Sal. mon.
CO—
C;,cj'
TEXAS.
7''8
93,6
i'»i6
^911,8 101 6
105,8
103,, 10%
10=8
101518
lO's
113i„
1138
1111,8
12% 127,8
93,9
Low Midd'g &h
Sat.
COCoOco
09
§ OS
i
ooco OOoO OOoO OOcO
tocoOto cocoOco
1^.*..
1,543 for consumption,
NEW ORLEANS.
I
sice:
tOObo''
in transit.
305 for speculation and
Of the above, 300 bales
were to arrive.
The following are the ofScial quotations for
each day of the past week.
UPLANDS.
Sat. mou Tnes
ftio;
I
I
I
I
>
-1
I
1
I
I:
I
I
I
Includes sales In September. 1882, for September. 500.20ri September-October for October, 8 IS.tiOO September-November for November.
731,000; Septeiuber-Dcceniber for December, 1,097,400; September.lanuaiy for January, 2,070,200: Septomber-Febi-uary for February.
'
1,300,200.
Transferable Orders— Saturday, 10-15o. Monday. 1015c.; Tuesdayt
lO'lDC; Wednesday. 1010c; Thursday, lOlOc; Friday,
c.
SUort Notices for Mareli— Mondav, 10 08c.; Tuesday, lOlOalOOoc;
*
;
;
;
Wednesday, 1002c.
[JbT' We liave included in the above table, and siiall oontinne each
week to sive, the averase price of futures each day for each month. It
wiU be found under each day following the abbreviation " Aver." The
avcraso for eaoli mouth for the weelf is also givou at bottom of table.
The following exchanges have been made duriag the week.
•27 pd. to exch. 200 April for June. 23 pd. to exch. 100 June for Aue.
13 pd. to exch. 500 Apr. for May.
•14 pd. to exch. 500 April for May.
2:1 pd. to exch. 5.000 June for Aug.
II pd. to exch. 300 July for Aujr.
13 pd. to exch. 500 April for May. •23 pd. to exch. UOO April for June.
10 pd. to exch. 100 .'Vlar. for April. •12 pd. to excli. 100 June for July.
37 pd. to exch. 1 ,000 May for Aug. •14 pd. to cxoh. 200 April for May.
12 pd. to exch. 200 June for Ju'y. •51 pd. to exch. 100 April for Aug.
51 pd. to exch. 100 April for Aug.
pd. to exch. 200 Apiil for June.
27
•11 pd. to oxch. 100 July for Aug.
.
,
March
Tub
:
THE CHRONICLE.
188LJ
84,
.
m m»d«
VisiDLB SuppLT o» Uotton to-nljfht,
ap by
843
The BboTe totals show thjtt ths old tatAfior stocks b«f« thertattd dnriag the w*wk 1»,7I0 bal»s. and tr« t'>-algbt 34.B0P
bales more (ban at the same period lastysftr. Thn n<e«ipiii at
the sams towns haTS b««a SS,349 b«l«« mors than the same weak
last Tsar. and aiaoe 8ept«mb«r 1 tha raoelpts at all the towna
ara 636390 balss mora than for the sams time in 1881-'J.
QaoTATio.f8 roR MioDu.xa Oorrox at OrHU Uarxitc,— I«
tif Oar cable of London and Continental stocks and the the table below we give the eUAag qaotatioal of middling
cotton at Soathern and other priaoipal cotton markets for aasE
afloat are not received, and we repeat last week's flgnres.
day of the past week.
o»blii
ah follown. The Oontiiinntal iitockx, ai wmII an
thiMi* for Orxat HritAin and the afloat, are this week'H rxtiirnft,
and uoa'^i-iiuently all IhH I{urop«an ilgares are broaght dowa
to Tliursl.'iy «v>>iiiii^.
Hut to make the totala thu oomplat*
%ure.s for io-ui(;ht (March 23), W8 add the item of eiportH from
the United States, inolading in it the exports of Friday only.
and telH^raph,
i»
SCook at UveriKWl
Block at X.iondon
bale*.
Btook at Br«m«ui
Stock at Aiuit«rdam
Btook at RottonUm
Btook at Antwerp
BcuokatllttTre
Btork nt ^f'l^saUI«•
Bl.
oa
H
!?;•
1881.
1R80.
840,000
47.100
573,000
000.300
3,200
40.200
27,000
2.000
837.000
2.300
33.200
20.400
000
1.400
133.000
2.320
43.500
7.000
..tie
ToUlOOnUnental
271,000
Stocks...
3'J.023
806.100
612.02.^
11,01)0
2,-«)0
40.100
42,500
1,120
A87
125.000
4.800
35.000
8,700
4,700
i:.>slODa
'
1SR3.
77R,000
61.000
6S.300
TnlalGmat Britain (took
BMok at nHmoarii
.
1883.
9;il.000
ci/MiHa quoTATioin roa HiDDLOia
Balur.
I
"fnn
2;i.H'
Mon.
Tom.
0T«
9»«
9>
...
1,.',
810
4'^o
45.010
2.130
2S.240
2.500
2,388
238,395
263,33)
124,230
1,31)0
730.305
110.404
5:10.094
0»8
.....ih....
OS
9>«»«i
0^8
9!H
9»»
ItoHton
Riiltlinore. ..
I'hlUMlelphia.
109|g
10!%
]0>«
10>a
9>»
lOH
9:^9
Memphis..
Lnnls
Cincinnati
..
9>«
.
9%
Bt.
Louisville
.
0<Vi
9!^
eiT,»
10%
10%'
lOV
10>fl
lOHi
10i«
10
10>«
9%
0%
9««
9>s
0>S
10>«
9%
0>9
9^
9%
9%
9H
9i^8»%
FH.
10
10
0\
10>8
Aun^ista
OS,
10
WilmlOKton..
N.rfolk
oonon
nkHTK
9^s
S%
»»i
10
Olinrlmbin...
Wtamt.
O'sv'a
i^'ans.
17, ;i::
136.000
5,000
25.100
3.000
3,700
Total Eoropean stocks.. ..1.270.300 1,075.205 1,150.430
183.000
270.000
ladla ooitoa afloat tor £arope. 219,000
Amer'DoottoaaaoatforEur'pe 5»7,O0O 879,000 580.000
32,000
Kgypt,Brazll.*oi..atlttorK'r'pe
42,000
54,000
831.017
880.723
BUMSk In UnlCml Stated pons .. 884,004
BtoOklnU. S.lntorlor K-wiin.. 251.898 227.389 277,992
6.700
23,000
United Ststes exports lo-day..
7.700
WfkmiliiHi
March 33.
0H»\
o<>sa%
0\
9%9%
0%
25.079
RaoBiFTs FBOM THB Plaittatioiis.— The following table la
prepared for the parpnee of indicating the aotnal movement each
1,000 week from the plantationi. Receipts at the ootports are aometimea misleading', as they are icade ap more utrgely one year
3.202,802 2,908.112 3,080.430 2,49ti.640
Total visible supply
than another at the expense of the interior stocks. We reach
Of tlieabove.tbe totals of Amerlonn and otber desorlpttons are aa foUowt
therefore, a safer conclosion throagh a comparative statement
653.000 419.000 like the following. In reply to frequent inquiries we will add
GO^.OOO
537,000
1.17erpool ftopk
llO.ono that these iigares, of course, do not include overland receipts or
131,000
106,000
187.000
Cintluentnl steoks
580,000 530,008
5S7.000
379,000
A'Uerlcunutloat for Europe
831.017
7s 1,375 Southern consumption; they are simply a 8tat>>ment of the
889.728
United Stiiloa stock
8S4.904
277,9ii2
26B.120 weekly movement from the plantations of that part of the crop
227.339
united States Interior stocks.. 251.893
23.000
6,700
1,000 which finally reaches the market through the out-ports.
7,700
nmted States ezporU to-day.
asoEtrrs pbok PLAnrATiom.
2,561,009
2,173,817
2,110.793
2.586,502
To ~«1 American
7SI..^>7.'i
261).
120
Most Indian.BratU, iCe.—
263.000
68.300
84,000
249,000
42,000
Liverpool stock
UiQdon stock
Clontlnent«l stocks
India afloat for Europe
Egypt, BrazU, ic, afloat..
Total East India,
Total American
&o
Tot»l visible snpply
Price JUd. Upl., Liverpool
108.000
47.100
67,330
183,000
32,000
239,000
61.000
104,295
276.000
54.000
154.000
39,025
14,230
119.1(i4
25.07S
3«1.817
525,430
73J.295
..2,586.502 2.173.817 2,501,009 2.116.793
706,300
...
3,292.802 2.903.112 3,088.439 2,498 640
>i>iu<i.
HH^X.
....
7%i.
e^ifld.
The .-.Eov» a^fures indicate an increase in the cotton
to-night of 3S4.C90 bales as compared with the same date
an increase of 206,363 bales as compared with the
pocding date of 1831 and an increase of 794,162 bales
pared with 1880.
in siprht
of 1882,
corres-
—
o3
?T
-
2 80 »
l?|.»l?&B.
.a- c^ o?
^r?>^fy.
S
;
Q B
a- £:
:
P
ii
*
:?» »
I?
-c
f *: ;: ?•
¥
i
8^
c ^ a ;n
!*»
"^ *.
^
OD
Jan.
•'
'
"
reb.
-
s..
la
.
110,733.153.43.1 884,997 83;.6S4
BU.UflO ISO .3M 806,808 419,043
i».o:o
P8.OSI1J8.400 306.S81 400.e88'3S0.749ll8<.t«6
95.057
1,818 317.8e« 390.0191347X83 158.874
8 1.779 iee.8«s 318.837 S80.!>88{S43.S84 12».48<
78.031 I4S.130 818.E50 873.<M 826,780 145.858
AO.lOn 181.448 S17.B88 808.430 811.484 148.897
5IKl0'tat32> 328.JBS 34.3.0-,8 808.417 138.801
a8.717J124.A9B ai8 8:>8 815.978 304.881 138.800
S7.4S1 III.IHI 380,000 884.8B8 897.178 109,468
8 1. 81 e' •05.0113 800.513 8B3.«I8'SW.<'4<I 88.708
117,189
13S.7W
.
I48.SK0
"
83..
IS-I.SB9
8.,
133.931
».
140. las
"
IB
.
lOS.tOO
SS..
03 690
G W C WttCa O
(D
-^5
*. JO <- -*
give substantially the
amount
e<9iF>
cj»
M
CD to
10
JD
— UMiU©^ M
OW«-^C0
C»
CSC^COiU^CO
p
f*
•-•
CdCOKtdCO^]**>>-0!;00)
CClOy*©
II
—
I
cj-ic'cobs-i^Oiww MC^Oi'jccaa
toc-oaDtoatcit-oac^— — ODo;*.-
CSOXOOD
X®"! — CO
W--IO*-CO
<l-ir3e»O»C^I0
M
—
—
io
OUK.«4-'C6«.toc«:'>-^tocM^<^i;o>tDCii
X w
O ^
w c *-
"^
Ci J"
CJ -X C«
rf*
OOUii~*OC0O
—
>t-
a
I
CiW_s;«cD_c._C'.;'»pcow** tOH-co_xco:;<
aioD'yt — o'-^rxio*- woc)ioi>-»o»-»cii)o«Vi
o-co^'<^i*-03xoo:it0'^cccoeocc0)w<c;*t3
O*^coao*>-^tc4^i^tocficnuio:oo<:ototov
WM^W
MM
MM
cnjo
C Cm » ^ 0< *^
ViVj'ctoi-oojoLVoqo^OCJ
01 -^ »>
<i :o to *- to
to -
M«
I
It*
3
MCO
ro-^i^t^oiai*-*
C« 1^ M a 0< U W CO IX O OD
(D^ CO ^ CO CO r -^ a e»
^
li^
•>)
•'I
•-*
-Jr0O^^0300tttD&OVIr--4C;>«>V>99
£.
shipments ibis week are 3.829 twiea of ootton burned
in the I'ontaiiio Cotton Waieboiiso on die 22U.
Tbls year's ll«ures es^n:«ted
Included In
I
tlie
in sight.
1880-81.
March 23
187»«>.
6.232.80O 4.953.153 5,832,834 5,284.627
sljtht
It will
be seen by the above that the inoreaae In amount
in slcbt
— We
have had shoveers on three days of
0alv«ston, Texas.
the week, the rainfall reaching flftv-seven hundredths of aa
inch. The weather has been favorable everywhere. Com haa
generally been planted in the southern half of the Stat« and
cotton planting is making g^ood progress; in the northern half
com is now being planted. Average thermometer 67, highest
71 and lowest 42.
Indiarwia, Texas.— It has been showery on three dars of
the week, the rainfall reaching one inch and eleven hundredths. C'crn planting is finislied and cotton planting is progressing favorably. Tlie thermometer has ranged from 43 to
73,
CO
now
1881-82.
Wkathku Reports by Teleoraph.—Tho weather has continued generally favorable at the South during the week, and
in most sections satisfactory progress has been made vrith fann
0OC30
i*»O*-lU3S^*».ccO*-*k.OCiCn3Oyc0<»
toco
81.848 131M0
8S.8T4 108.788
81.141
Total in
work.
•JtOCDi-
uv>A-c;io
188 It«.07S
81.8M 188.814
to-nUht. as compared vrith last year, la 1 .279.647 bales, aa compared
with 1830-81 is 399.966 b.ile8 and with 1879-80, 948.173 bales.
-'<|M*l«^tC;i~]flC
uooo-aoccM^oaecot-
ISO.
pStO
c^-1— otoosOJOaoo^ilo
cor'^'via'Cia. coMcnoo-^iOKrC^oto
CIW^QDCD
e8.M7 18834*
Tot. receipts from plantat'ns 5,506,214 4.444.798 5128^787 4,718,904
526.556 353.355 41.5.04: 445,723
Net overland to .March 1
135.000 120,000
200.0X 133.00<
Southern cousunipt'n to Mch.l
If-
-*
MW
»-•
'i-wc;«wVji*».o*
188M0
77.8SS 161.989
Rcreipts at the ports to Mcb.23 5.212,783 4,236.60: 5.012.112 4,447,669
Interior stocks on March 23 in
263,461 208,193 270.675 271,235
excess of September 1
I-*
|»«
of cotton
1982-83.
|^,»-»»-'^
M
VtCD 10 U* O *!
O CO »3 »> W O CO to
o
a « w tw<>^pyiv>r^ c tooo to
y«1o w -1 en ^ t* V QO^i^ O oc iocfl^ ^ »'^
CO 05 « » W
*J -0 * 00 « CD « *> Ot M 00 — ^
|k
OD >4 0>
UD
^ •^ »0 *4 *^ QD to CO
(i
84 080
—
o*^*^iC>ocwc-^Otooa:;Dcoo&c;iO-'-^i
:C
171Ma
83.18J 133,t0«
74.024 IlV.lSt
The above statement shows 1. That the total receipts from the
plantations since S.'ptember 1, 188'-', were 5,506,244 bales; in
18-il-83 were 4,444,798 bales; in 1880-81 were 5,2B-2,787 bales.
2, That, although the receipts at the ont-porta the past week
were 10.'>,062 bales, the actual movement fn>m plantations was
only 87,835 bales, the txtlance being taken from the stocks at
Last year the receipts from the plantathe interior towns.
tions for the same week were 31,141 bales and for 1881 they
were 82.703 bales.
W O « 03 M *» — C O ^ M Oi O *- to W 06 W
p(»
i.i8.:oi
n
«ci^c;i»-0;r«:cw — a — c^-ors-'ios
10 CO
CO (0 1^
o> o«
367.M7
133,879
»..
•a-'ia.
4W.S:9 388.M7 esjr;4 138.90« 828780
IM.
8
PlMWni'
•»>-'8I.i'31.'aB.
12».a»4 I14 8ASlI7S.a8i;30ll,BS0 4a5.l)0o!S8OJM.S 101.49*
IS
•'
W-'dS
19..
••
Mch.
St'k atjnttrtar Ibinu, lUc'ftt/rom
'tB-'eS. SO-'SI. tn-'8>.
Amoist of Cottom i.v Sight Mabch 23 —In the table below
we give the receipts from plantations in another form, and
add to them the net overland movement to March 1, and
also the takings by Southern spinners to the same date, so aa to
3
>3f:i\
BeeeW at tht ParU.
•SO-'Sl. '81-'S2
as com-
Imtbrior Tow.fa the movement that is the reaeip a
tyc the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for th;* corresp<jnding
period of 1831-83— is set out in detail in the following statement:
At the
Wttk
tnitmi-
averaging 61.
Oallas, Texas.— Vfe have Imd a shower on one day of the
week, the reinrnll reaching eleven hnmlredllis of aa incti.
Plowing and corn planting nre making j;<"k1 progress.
had a killing frost on on-> night, but no wj ious damage done.
The thermometer iias averaged 64, ranging from 28 to 79.
Wa
„
.
THE CHRONICLE.
344
XXXVI.
iVOL,
April 15 and 16, 1874, which is 6-lOths of a foot aboT»
Brenham, Texas.— It has been showery on two days of the mark of 16
feet above low-water mark at that point.
week, the rainfall reaching thirty-five hundredths of an inch. 1871, or
bJDU Cotton Movexknt from all Poets. We have during
Corn and cotton planting are progressing favorably. The thermometer has averaged 55, the highest being 76 and the lowest the past year been endeavoring to rearrange our India service
so as to make our reports more detailed and at the same time
of more accurate. Hitherto we have found it impossible to keep
Palestine, Texas.— We have had showers on two days
the week, the rainfall reaching ninety hundredths of an inch. out of our Ugures, as cabled to us for the ports other than
Crop preparations are active. Average thermometer 54, high- Bombay, cargoes which proved only to be shipments from one
India port to another. The plan we have now adopted, as we
est 74, lowest 34.
. ^.
,
Huntuville, Texas.— It has been showery on two days of the have reason to believe, will relieve us from the danger of this
We first give th»
week, the rainfall reaching ninety-five hundredths of an inch. inaccuracy and keep the totals correct.
Good progress is being made in corn planting. The thermom- Bombay statement for the week and year, bringing the figure*
down to March 22.
eter has ranged from 34 to 77, averaging 56.
BOMBAY R&CEIPTS AND SHIPHKNTS FOR FOOB YEARS.
Weatherford, Texas.—We had a sliower on one day of the
week, the rainfall reaching ten hundredths of an inch. We
Shipments tmce Jan. 1.
Shipmeiits
this week.
Receipts.
had a killing frost on one night of the week, but there was
This
Since
The thermometer has Fear Great Ootiti- Total. Oreat Continothing above ground to be hurt.
Total.
Britain nent.
Week.
Jan. 1
Brit'n. nent.
ranged from 28 to 79, averaging 54.
Beiton, Texas. It has been showery on one day of the 1983 1.0 00 24,000 25,000 130,000 251,000 381,000 76,000 612,000
week, tlie rainfall reaching thirty-five hundredths of an inch. 1882 35,000 5,O00i40,OOO|2SS.0OOMG.O00 434.000 76.000 590,000
4,O00Hi,0O0 8.j,0O0U47.O0O 230.000 45.000 365.000
Com planting is progressing. A killing frost on one night of 1881112.000
1880114,000 8,U00|22,000| 86.0001 l-JO.OOO 20B,000 48,000 359,000
the week did no damage. The thermometer has averaged 60,
the highest being 79 and the lowest 31.
According to the foregoing, Bombay appears to show an
Luting, Texas.— We had a light shower on one day of the increase compared with last year in the week's receipts of
inch.
an
hundredths
of
week, the rainfall reaching but five
bales, and a decrease in shipments of 15,000 bales, and the
Com planting is finished, and cotton planting is progressing shipments since January 1 show a decrease of 53,000 bales.
averthermometer
has
The
favorably. Prospects are fair.
The movement at Calcutta, Madras and other India ports for the
aged 59, ranging from 39 to 78.
last reported week and since the 1st of January, for two years,
the
of
two
days
has
rained
on
It
Louisiana.—
liew Orleans,
has been as follows. " Other ports" cover Ceylon, Tuticorln^
The
inch.
of
an
eleven
hundredths
reaching
rainfall
week, the
Knrrachee and Coconada.
60.
averaged
has
thermometer
Shipments since January 1.
Shipments for tfie meek.
Shreveport, Louisiana. The weather has been fair during
the week, with a rainfall of sixty-three hundredths of an
Oreat
f!reat
ContiOontiTotal.
Total.
inch. The thermometer has ranged from 35 to 78.
Britain.
nent.
Britain, nent.
Vicksburg, Mississippi. Telegram not received.
Columbus, Mississippi. It has rained on one day of the Calontta—
46.500
9,000
55,50(>
1,500
1883
1.500
week, the rainfall reaching forty-two hundredths of an Inch.
66,700
23,400
90,100
1,000
1882
1,000
Little Rock, Arkansas. It has been cloudy on two days of Madras—
4,500
5.500
1,000
1883
the week, with rain on one, and the remainder of the week has
4,300
2;ooo
6,300
been clear and pleasant. The rainfall reached ten hundredths All1882
others—
of an inch. The thermometer has averaged 48, ranging from
4,000
2.000
G,00»
1883
—
,
.
\
—
—
—
—
—
80 to
1882
73.
Memvhis, Tenntssee.—We have had rain on one day and
snow OB one day of the week, the rainfall, including melted
snow, reaching forty-three hundredths of an inch. Average
thermometer 44, highest 71 and lowest 29.
Nashville, Tennessee. It has rained on two days of the
week, the rainfall reaching forty-eight hundredths of an inch.
Snow fell here during the week. The thermometer has
averaged 43, the highest being 73 and the lowest 25.
Mobile, Alabama. It was showery on three days during
the early part of the w^eek, but the latter portion has been
clear and pleasant. The rainfall reached six hundredths of an
inch. The thermometer has ranged from 39 to 76, averaging 56.
Montgomery, Alabama. We had rain on three days during
the early part of the week and the latter portion has been
clear and pleasant, but too cold. The rainfall reached twentyseven hundredths of an inch. We had light frost on Thurday night. Average thermometer 52, highest 76, lowest 34.
8elma, A labama. The weather has been too cold during
the week. The thermometer has ranged from 34 to 74, averaging 49.
Madison, Florida. Telegram not received.
Macon, Georgia. We have had rain on two days during
the week. The weather has been cold. Average thermome-
—
—
—
18*-3
—
ter 53, highest 72, lowest 33.
—
Columbus, Georgia. It has rained on one day of the week,
the rainfall reaching thirty hundredths of an inch. By the
fire in the Fontaine cotton warehouse on March 22, 3,320 bales
of cotton were biirrod. Tlio tiiermom'^ter has ranged from 43
to 66, averaging 50.
Savannah, Georgia. It has rained on two days of the
week and the remainder of the week has been pleasant. The
rainfall reached twenty-four hundredths of an inch. The
thermometer has averaged 56, the highest being 76 and the
lowest 41.
Augusta, Georgia.—
had light rain on three days the
early part of the week, but the latter portion has been clear
and pleasant. Th« rainfall reached eighty-eight hundredths
of an inch. The thermometer has ranged from 33 to 74,
—
We
averaging 51.
Atlanta, Georgia.— 'She weather has been generally dry and
cold during the week, with rain on two days, the rainfall
reaching ;fif ty-two hundredths of an inch. Average ther-
mometer
48, highest 60 and lowest 37.
Charleston, South Carolina.— It has rained on two days of
the week, the rainfall reaching eleven hundredths of an inch.
The thermometer has averaged 53, ranging from 39 to 73.
The following statement we have also received by telegraph,
uTiowing the height of the rivers at the pomts name"d at 3 o'clock
March
22, 18S3,
and March
The above
totals for the
Europe
from—
Bombay
AUotlierp'rts.
Total
Jiemphig
Kaahvllle
Blireveport
Vloksbuig
New Orleans reported
oept,
9,
1
Inr.h
34
19
27
48
10
9
24
6
22
2
42
10
8
8
1
4
1
below high-water mark of 1871 until
gauge waa changed to high-water
2,300
1882.
1881.
Siiue
Jan. 1.
This
week.
Jan.
25,000
1,500
381.000
67,000
40,000
1,000
26,500
443,000
41,000
Since
This
week.
Jan.
434,000
112,300
16,000
6,100
230,000.
131. 300.
546,300
22,100
30 1. 30*
1.
Sine*
1.
—
i.leJeandria. Kqypt,
March 22.
188C-81.
1881-32.
1882-83.
Beoeipta (oantars*)—
Tills
Not received.
week
32,000'
2.130.000
25,000
2,736.000
Since
This
week. Sept. 1.
This
Since
week. Sept. 1.
Since
This
week. Sept. 1.
210,000
71,000
2.000 223.000
2,500 15S,338
9,000 198,0007,411 101,035
281,000
4,500 381,338 Il6,lll 299,035.
Since Sept. 1
2,648,00*
Erports (bales)—
To Liverpool
To Continent
-.
Total Europe
A oantar is 98 lbs.
This statement shows that the receipts for the week ending
cantars and the shipments to all Europe
bales.
were
March 22 were
Manohestek Maeket.
—No
report received from Manchester
to-night.
1882.
1883.
Jan 19
84
"
"
"
Mch. 2
"
9
16
" 23
d.
Cotfn
lbs.
Shirtings.
n.
gSg •» 914 6
® 95,i6
8%
8%
9 8%
16 8%
23 8%
" 2H
Feb. 2
•'
1874, when the zero of
1
last
d.
Feet.
07,000
1
statement affords a very interesting comparison of the
total movement for the three years at all India ports.
Albxahdma Rbcbipts and Shipments. Through arrangements
we have made with Messrs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movement*
of cotton at Alexandria, Egypt. The following are the receipts'
and shipments for the past week and for the coiresponding week
of the previous two years.
This
Mch. 22, '83. Mc)i. 23, '82.
Inch.
12,000
29.700
This
week.
32» Ctp.
Feet.
55,000
82,600
15,900
week show that the movement from
1883.
-
Bhivme7its
to all
23, 1882.
Below htgh-water mark
Above low-water mark.
Above low-water mark.
Above low-water mark.
Above low-water mark.
4,300
the ports other than Bombay is 500 bales more than same^
week last year. For the whole of India, therefore, the total shipments since January 1, 1883, and for the corresponding periods
of the two previous years, are a.f follows:
EXPORTS TO EOaOPE FROH ALL nn>IA.
Twill.
Hew Oiieans
1,500
1,000
1,500
1,000
1P82
—
—
11,600
Total all—
d.
1«
a 9!>8l6
» OiSs'e
a 9i« 5 11
® 0% 5 10
81a a 9>4 5 10
8% ® 9>4 5 10
838 ® 9H'o 9
8.
«7
7
®7
®7
®7
®7
®7
®7
©7
Notlreceived
d
Mil.
Upl is
d.
41s
5»H
6
51>8
6
6
.511,
Aij
SSfl
3
55n
3
Si'in
3
3
5»in
5»i
511|„
Ooten
32» Cop.
8H»».
Iwist.-
Shirtings.
a.
d.
«.
aio
6
913310
938®10
6
91a
9%»10
938®
938®
933
97,
»
i'-'e
ti
6
6
o^a 6
97e 6
aio
A.
H.
MM.
d.
7i3«8
7i«e8
6
6
5
6
6
fi
®8
®8
®7
®7
®7
®7
Upldm
d.
6\
^S
668
6^
lOia
10i«
lOifl
O'lS-
^\}^
6I3
IQij
«
7i3®8
fl,°?
6i'i«.
gsiesiov 6
7ifle8
0"i
9»8aio3>
1
.
Mauch
:
Till';
24. ItMU
•
.
:
CHRONICLE.
IE— Tub Pbrbbxt Ra
3i6a
thep«rc.»nt«ge«of
March 33 in each of ine yearn
a
I
^los M.MM \i>i
-\'M ^> I'lliifsday th« 2lRt, « itificMu; " i-^ ii>'iii
of tho New Viirk Cotton Kiohaiig«, purHuaot to n cill. to condidxr tbn advisability uf r^duoioif the nommiiwlnii r.iti-H us imw
Hxijd by the bv-lawii. Tlin infctiiig was huld wiili rlciM.-d dii)rM,
Mr. M. H. Fittidiii^ presiding, and Mr. Gforge K. Moor^ ai'ting
as Stroretary. Air. C. K. Hicn oflfHred the fullowln(( rnHolutioD:
'.
Mao-
Tliiil itUttii' H<>ii>« of tlilK iiirKliii; Hint tlic lloiuil nf
iiftt^i'H \iv rt'HiM't'tfiilty rt'(|i»';*tt'»l to |>-(*|mro Hint nulniitl t<» tlir livrlijiiien
Hit uuitMithiH^nt tochitpttM- :i,iirtlolt« It. ot tli(^l>y-lii\VA. totlio <';t(>('(:
t-'ii-nt
Kctohrri.
That tho nito of (Miiniu'HHloii to bo rliinvfMl to tho iU)'Ht(torH t>r the KxI'h.iUKi' who huvo not un t)int'u In tho City o1 .Ni>w York t*litill hi* ('hiiiiKoU
from 7 i.j ooiitu to ^j c«nt« tor iwory biilo hoti^hl or rtohl. n
tii<l -Thai
a ruli.tif of It) \H'V i'eiit i»tM' loO UalcH for tUoruiintl turn liu uUowril t<» un
n:;rnt who in not a nirnit)or of tlio lOxcOmtiffo. Third— That all rulM
iind \'i lawH hii'ouslntrnt wllh IhrHi- iirovlilonn l>i' n'lwaliMl.
Mr. I. H. Froelifh Sfcunded the resolution. MeiwrH. HenU,
Ranger, Inman, and othent who were in favor of the ri-ducti»n,
argo^-d thitit would increase the busioesa of theUschinge, Ar.d
that the present rateH were higher than those if other
oxvhangeH. The opposition claimed that the redurtinn would
not give any material increase of business, and that it would b«
a breach of faith on the part of the ExchangH to reduce the
rates after having induced so many inerohantH to join, with the
understaDdiogtbat the commi.s«iun should not be changed.
Mr. U. C. Allen offered the following substitute
Ue^otcr.d, That tho Boaril of ManH;;ors are reiiuonted to tirtnir before
lh« ini'inbora of (lie lOicIiaDga for con-ildoraiion a liy-law rctwullng ttae
law.
This having manifested few supporters, the following amendby Mr. Douuell wa.s adopted:
Ilrsolttil, That It Is the nrnso of this lueoting that It is Inexiwilient
and nuiiUl be un uit of bad faith to tiioac who ptirchusi-il neatonu tbe
itledgo of a tlxe.l eoiuiuis»inn hiw to repeal or so amend tho sanio as to
mpair their value, unless tho money ho reeolved be retnrned to thi' purcIlruer.H with Interirit and tt U fiirthrr the opinion of thin lueellng that
-inent offered
;
no ehun<e shonlil be inadu In the ivnumlSHlon law without the ooiiscut
and approval of«n nuijority of tho uon-tv8ldei;t uiuiiibers.
The meeting adjourned after having been in 3e.s.si<ta nearly
three hours.
CoMPABiTiVB Poet Rbobipts and Dailt Crop Movkmbxt.—
A ooiuparison of the port movement by weeks is not accurate
«s the weeks in different years d > not end on the same day of
the mmth. We have onieqaently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement for the years named. The movement each month
-•inoe September 1, 1SS2, has been as follows:
Tear Btginning September
Monlhln
Thi Kxports or CorroJt fr.m New York thta woult sn •« «
deorMwe. aa compared with iast we^k, the W>tal r-i
ut
balM, against 11,818 baIeK last we.<k
l(.<l'>« w,.
mi
table showing the exports of cotton from .New YorK an l imlr
direction, for each of the hut four wneks also th-t t<j*al ex|> >rtii
and direction since September 1, !.-iS2, and in the last oluma
the total for the same period of the previort^ year
lixpoHTSor Oorrox (B*(,B*) raoK New York siaca Sarr. 1, 1M2.
,.-
i
;
Wt4k
Keeeiplt.
1882
1881.
326,656
980,581
429,777
Aovemb'r 1,0?4,6 i7
Oeoemb'r 1,112.530
971,0 la
99C,9J7
497,727
291,992
4ept'Dib'r
October.
-January
Fsbruarf.
752,927
595,599
1880.
1879.
1879.
572,729
333,613
888,192
912,272
956,161
647,110
417,919
288,819
689,261
779,237
893,661
618,727
666,821
8.^3,195
1877,
98,49]
579,533
822.493
900,11!)
j
689,610
172,054
Totalyear 4,962.899 1,033,511 1,598.528 l,2I5.92d 3,336,561 3.501,300
rwo'taffo of tot. port
reoelpu Feb. 29.
.
8515
78-28
81-28
8027
8195
This 8tat«ment shows that up to Feb. 33 the receipts at the
ports this year were 829,357 bales more than in 18S1-82 and
264,870 bales more than at the same time in 18S0-^1. By adding
to the above totils to Feb. 23 the daily receipts since that time
WH shall be able to rea.:h an exact comparison of the movemeut
for tho different years.
1832-83
Tot.t'b,i.2S
Muh.l.
••
2
" 3
"
"
*•
4.
8.
"
6.
7.
"'
8.
" 9.
"10.
"11.
"12.
"
13.
"
14.
" 15.
*•
16.
"17.
"
18.
" 19
1881-82.
1880-81.
1879-80.
1878-79.
.5K8.S28 1.215,929 3,836,561
20.473
16,279
10,517
1 2,46
12,171
S.
16,505
12,132
19,629
22,1 15
10,03U
19,653
21,006
13,101
7,917
S.
9,329
9,860
23,916
8.
15,631
21,435
16,113
12,130
18,.-.76
6,724
8.
19,011
6.711
13,731
28.150
10,914
11,837
17,256
13,745
8,299
a.
7.707
10,341
25,292
B.
13,767
13,435
19,101
7,.i31
13,192
7,411
8.
11,900
0,660
12,019
18.406
4,150
7.453
l.'>,917
10.218
8,719
• 20.
21.
8.
ll,Ul
l^Srl
'•
17,.i71
S.
" 22
" 23
13,107
8,052
11.C37
8,099
13.897
6,127
'3,242,783
PerasniaKt of toiai
To-«l
port reo'ota Mch.23
1877-78.
,561,300
17,751
9,869
8.
8.
32,035
17.175
9.749
8,873
12,300
8,728
8.
19,179
11,497
11.231
13,932
ll.Olt
11,210
8.
18,570
16.111
10,397
11.021
8,072
9,800
1,073,369 4,423,137 4,064,949 3,837,788
8107
8917
91 40
88-81
This statement shows that the receipts slose Sept. 1 up to
to-ni^htare now 1,017,617 bales more than they were to the same
diy of the month in 1883 and 269,114 bales more than they were
to the same day of the month in 1861.
Wo
add
ttporled to—
to the
Uble
Hank
Uarth
8.
1.
Liverpool
I
7.07"
8,985
t^lTAI.
6,329
3,»ie,34I.&S0 2il.Via3
3,120,
U.707
TO QRCAT BRfTAIN 8,985 7,078 0,»28| 5.9ie'344,97<'27lJ70
1
Havre
285
1,111
Other Frenota ports.
ToTAi.
Pkkhob
Hamburg
....
.
......
Other ports
Total TO Nobth.
050
68
Ei;ropii
650
1.111
285
1.050
l,2oO
"671
1.730
SO
.0|
150
I,73l! 3,136
4,687
20U
Spain, Op'rto,aibralt'r,dtr
other
TOTAL Spain, Ae
30,0M
08
23,103
20,0M
3,328, 2,663
42.0:8
25 .077
17.570
81432
3,805 115,160
30,889
708
^
432
320
...
14.184
4.*M
268
30
300
2,815
>,410
837
3vO
268
330
8,229
1,137
3.<0
Sbamd Total
23.003
100
•
Bremen and Hanover
All
f""^
Xartk'Mmrtk, line* prtrPtu
lA.
22 \a*pt. 1.
Other British porta
12.137 10.199 11.913 10.119 491.468 343.448
Thb PoLLowiNit ARK THB Gsoss Rgogipra 09 Cottox at 5ew
York, Baston, Philadelphia and Baltimore for the pMt ws«k,
at;d since
September
1.
1883:
This
ainee
Keek, \aept. 1.
Thit
Botlon.
irew York.
I
Beetipte
from—
I
N. Orl'aiM
Texas
Savannah
Hohlle...
Florida
.
.
B.Car'llna
NCar'llna
Virginia
Jforth.ptf
renn., ha.
1.
NMlf«4 |«
n.-tiuxii
-I
|in'i4ent oomtnliiriion
—
.
.
FOrelgD
I
Since
toeek. '.Sept.
7,511 191,372
3.600 114,073
2,100 198,352
1.
61 12,741
762 76,678
19.195
18488
59 0,382
674
379
i',248 4i',5b5
1,945
16,363
03,958
2,604 56,102
"99(i
37,322
3.170
4.656 242,775
1
200
2,.S36
115,104 101,235
This year. 26,063
bMtrear. 17,002
•1,042,132
Thie
Sinee
week. Sept. 1.
1,7141 62.091
1,837
3.302
9.223
4.484 152.970
806
724 16,783
5,193 196.715 l,i:>5' 59.932
10
1011 5.011 111,099
2,021119.991 2,657 137,63.*i
16,
BaUimort.
Thit
Sinee
teek. Sept. I.
7.19.\
""'3'
.
PhUadelpMa.
11.62 1'341.443( 3.638 74.146' 2.322 179.069
tl,0Oj,4Ml
: l'.>2.730
—
tic.
The mar ket continues ratherqaiet,
for the week is reported light. The Arm
prices which are a.sked restrict trade to some extent, the only
orders being for the consuming trade. Holders continue to
quote combination fignres, and we hear of nothing to be had
at less than 9c. for 1^ lbs.; 9^c. for 1*4, lbs.; lO^c. for 3 lbs.,
and lie for standard grades. Butts are not active, and w«
only dear of a few lots, in all about 1,000 bales, for which
3/^c. were the figures paid, and the market closes with sellers
naming l%#2c. for paper grades, and 3ii03>6o. for bagging
JcTE BnTTa, BAOonto,
and tbe business
l^O
qualities.
—
8hippi»o Nbw3. The exports of cotton from the Tnited
States the past week, as per latest mail returns, have reached
105,563 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and pnblislied in
Chrosiclb last Friday. With regard to New York, we
Include the minifests of all vessels cleared np to Thnnday
aight of this week:
oe
Itofal beUee.
New York—To
CatLiverpool, per steamers Arlxona. 679
Oenuaalc. 1,801
Lake Chauiplaln. 182
Havre, per steaiu'ir St. Simon, 68
Oder, 1,318
Bremen, per steaiucrs Elbe, 1,347
IlanihnrK, per ateaiueni Australia. 669 . . HammoDla, 50
W. A.
Rotterdam. i>er steamers Maaa, (additional) 50
alonia, 3,251
To
To
To
To
Siiholteii.
.
100
—
Plantyn, 99..
To Antwerp, per steamers Belcenland, 183
To Cortuina, per hark Vefjnr. 30
To Genoa, per steamer Pawnee. 300
Hbw urleamb— To Liverpool. persteamenCbaDcellor, 3,633
Yucatan, 3,720., ..per
Red Sea, 5,333
Madrl.l, 1,279
88
2,885
708
130
289
SO
800
17,606
ship William, 3,587
per bark Mod,
Chatelior, 1,933
per barkoutine Olusepiie Lanata, 1,301
1,751
To Bremen, i>er steamer E({l>ert, 3,988
T'lRevaKperbarlt BoUona, 4,068
To Barcelona, per barlcs Aranoo, 700. .Nuevo Lautaro, 1,000
To Malaga, per bark Entella, 2.290
To Genoa, per bark Ferrerl, 1,579
Cbaslbston—To Ltrerpool, per barks Hatbildn. 1,200 Uptand
and200 8eaUIaud....VlrKtni8, 789 Upland and 14& Sea
Ii-Und
v-/-To ilarcidoua, i>cr bark QeOan, 1,556 Upland ...per brus
Maria Lulna. 580 ITpland ....
Alfrctlo, 1.100 Upland
3.1VANN.V1I— To Liverpool, iwr bark* Boromj, 1,500 Upland
Pohona, 1,600 Upland
;;-;---i
To Bremen, per steamer Troubadour. 6, 173 Upland
To Cronstadt. per bark Agar, 1,6,50 Oplaad.........
To Barcelona, per steamer Amaryllis. 16,380 OpUnd ...... .^
TBXAS-iy> Liverpool, per ship Oulilregn, 258*8....per barks
CoUo Archer. 2.57§T...Embla, 1 ,»«•... .FJdo. 1,737.. ..per
brigJuURBa, 1.290
To Havre, ijer bark Speranxa, 1,723
i"2i.';i^"
To Bremen, per steamer Redewater, 4,042. ...per bark Ta»-
To Havre, per steamer Le
—
Oum, 3.676
bwk Kate u»ao,a,e<o
>1, per bOTK
RoavoLK—To Uverpool,
Te Beval, per bark relU, 8.768
6.918
6,188
3,9W
*>SS
1,708
J'SS
1,57»
8.S88
3,188
_ ..-
?.??
T'llr
J.JOO
a,SSa
••g
*••"
8.878
t-SiS
'•'••
:
.
iHE chkonicle;
346
Total bales.
BiLTTMOKE—To Liverpool, per steamers Ontario,
Oran-
1,568
3,53.>
luore, 1,967
To Bremen, per steamer America, 1,061
Boston— To
1,061
4,661
Liverpool, per steamers British Crown, 2,000
....Indiana, 2.500
PuiLADEU'HiA—To
105,562
•
So'.ler-
H. Orleans.
Charleston.
Savannah..
Texas
Norfolk....
Baltimore..
Boston
Philadelp'a
voot. Havre,
63
5,916
17,596 5,188
2,333
3,100
9,666 1,723
3.676
3,535
4,661
4,500
Total... 54.991
Barcelona,
RevaC Malaga
burg.
uerp.
Croixr d Costadt. runna.
3.373
3,98S
432
30
300
3,990
3,iS6
5,350
1,579
4,068
5,175
5,642
1,650
.;
3,768
Genoa.
1,061
Total.
10,119
36,409
5,524
15.275
17.031
7,441
4,598
J, 664
-
-
4,500
P.979 19,239
432
9,486 12,556
Market,
12:30P.M
Mod.
\
]
1.879 105,582
Below we add the clearances this week of vessels carrying
eotton from United States ports, bringing our data dowa to the
inq.
freely
supplied.
Mid Upl'ds
tiid.Orl'ns
8,000
1,0 JO
Sales
Tuesday.
Wednea. Ihursd'y.
Mod.
Friday.
Mod.
inq.
freely
Easier.
Easier.
supplied.
558
5t'l6
ipoo.& exp.
Bremen dam &
a Hum- Ant- A
Livtr-
Saturday Monday.
Spot.
4,500
The particulars of these shipmeuts, arraaged ia our usual
form, are as follows:
New ¥#•*..
The tone of the Liverpool mxrket for spots and futures each
day of the week ending March 23, and the daily closing prices
of spot cotton, have been as follows.
Missouri,
Liverpool, per steamers Iberian, 1,458
3,206
Total
XXXVl.
[Vol.
5Ui9
supplied
559
5i!8
5=8
5i"ia
5Ui8
7,000
1,000
10,00(
2,000
iuq.
freely
Slilfl
10,000
1,000
8,000
1,000
c
futures.
Market,
12:30 P.M.
/
Dull.
Very
Barely
dull.
steady.
J
Market,
5 p. M.
Quiot.
Quiet.
Dull
Barely
steady.
Steady.
Dull
and
and
easier.
easier.
Barely
steady.
The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
otherwise .stated.
l^^Ihe prices are gioeii
and 6 03 means 3-G4d.
in ffiiise
ani 6 Wis,
thus: 5 u3
means a 63-6 !;*
latest mail dates:
Murphy, 5,519.
For Reval-March 17—Bark Frier, 1,600.. ..March 19— Bark Sator,
2,000.
For Barcelona—March 19— Ship Joaquin Serra, 650.
For Genoa— March 17— BarK Victoria -M, 1,676.
For Vera Cruz-March 17— Steamer City of Mexico, 491.
Mobile- For Barcelona- March 17- Bark Anita, 1,100.
SAVAJiNAii- For Reval— March 21-Baik Emma Marr, 3,000.
For Croustadt— March 19— Bark Eesa, 1,850.
Charleston— For Liverpool— March 16— Bark James Kenway, 1,840
March 19- Bark J. H. McLaren, 2.424.
For Reval-March 21— Bark Skibiatiner, 1,305.
For Croustadt— March 20— Bark Johannes Fuss, 1,300.
For Norrkopiug— March 20— Bark Frucn, 1,289.
For Barcelona- March 17— Brig Dolores. 1,550.
Wilmington- For Liverpool— March 20-Bark Marie. 2,lt 0.
Boston— For Liverpool— March 15— Steamer Norseman, 1,914
March
16— Steamer Samaria, 1,052
March 19— Steamer Virginian,
March 20— Steamer Palestine,
2,011
Baltimore— For Liverpool— March 17 -Steamers Eduardo, lOO; Mentrapre, 2,084
March 20— Sttamcr Sarraatian, 1,372.
PHiLADELPmA— For Liverpool— March 16— Steamer Ohio, 2,000
Mireh 20— Steamer Lord Gough, 1,500
March 22— Steamer
Mon., Mch. 19.
Sat., Itlch. 17.
GALVE9TOS— For Bremen— March 19— Bark Margrete, 3,020.
For Cronetadt— March 17— Bark Gustafa, l.ltO.
Liverpool— March 16— Steamer Mayaguez, 2,399
March 17— Steamers Engineer, 4,792; Serra, 4,200.
For Havre— March 17— Steamer City of Lincoln, 6,161; ship John
Mew Oeleans— For
Open Hijh Low.
d.
d.
Open mg?i Low.
Clos.
d.
d.
d.
a.
a.
Clos.
d.
March
Mar.-Aprll..
5 3S
April-May 5 41
May-Juno.. 5 41
5 41
5 44
5 40
5 43
June-July.. 5 47
July- A UK... 551
8 47
5 51
5 40
5 50
.
Au,!.-9epl».
551 554 551
6
5
5
5
5
40
44
48
50
54
5 40
5 43
5 48
Oot.-NoT....
517
Nov.- Deo...
Dec-Jan....
....
5 47
5 47
31[538l53j
6 11
5 51
5
5
5
5
5
514
5 44
530
554
8ept.-Oot...
5
44
5 40
43
!'5
47
545
51
51
51
5 50
5 53
5 31
5 47
541
5 43
5 46
55;
5 53
5 51
....
Wednes., Mch.31.
Tues., Mch. ao.
Open Bigh Low.
d.
5 38
5 3S
5 40
5 43
5 48
d.
5
5
5
5
5
a.
33
33
40
43
46
Clos.
d.
6 33
5.SS
5.3fi
5 39
5 43
5 89
5
538
4(1
5 42
5 46
560
653
5.50
5.50
550
5.^3
5 53
5 53
6 46
5 46
8 46
516
5 45
5 45
516
544 5 44
Thurs., Mch.
ii3.
Fri.,
5 45
Mch. 23.
.
Illinois, 1,000.
Belo .V we give all news receivei to dite of disasters to ve.«el.s
earryiag cotton from United States ports, &e.
CiTT OF Lincoln, steamer (Br.). Wood, "from New Orleans for Havre,
ran aground out of the channel in the South Pass, ne.ir Crane
Isl.and, La., below New Orleans, March 18. Towboals would make
an cftbrt to get her off. Slie may have to be lightered. Her cargo
consists of grain and cotton.
Col'nslllor, steamer (Br.), Lang, from New Orleans, February 12, for
Liverpool, put into Isle of Ai.x, March 19, with laaa of proi)eller.
She had been towed for six days by the steamship Chateau Laflte
(Fr.), which arrived at Bordeaux, March 20, from New York.
MoBKO
Castle, steamer, before reported seriously damaged by
A portion of the damaged cotton ex-steamer Morro Castle, say
Open Huih
March
Open Bigh Low.
Clos.
A.
a.
d.
5 37
5 37
5 87
d.
a.
d.
d.
Clos.
d.
58?! 5 37 5 37 bSi 6 38
Mar.-Aprll..
Apr.I-May.. 5 3U
.May-June.. 5 43
June-July. 51(i
July-Au;;...
5
41)
Aug.-Sept.. 5 52
3(1
5.3S 53S
54a 6 43 543
5
5 43
5 49
5 53
5 45
5 49
5 52
5 as
5 4J
5 43
5 43
5 40
5 53
1
8ept.-0ct...
Oct.-Nov....
Nov .-Dec... S43 S43
5 43
5 4J
Dec-Jan...
5 3S
5 43
5 43
5.18
63<
5 41
5 45
5 45
5 41
5 19 5.19 54s 5 48
5 52 5 52 5 51 551
5 43
5 43
5 42
5 42 5 42 5 48
5 45
If
'3
"o
w
5 45
....
fire.
250
1
whole and 150 bales loose cotton, was sold at Charleston, -Wch. 15.
The loose was purchased at li4®l'2C. and thebaies at 2»3'flc.
BREADSTUFF S.
per pound.
NOKFOLK, steamer (Br.), Woolston, from Savannah, took Are at Amsterdam, Marcli 14. The fire was not extinguished imtil much tlamase
had been done.
QlusitTPE L.vnata, barkentine (Ita!.), from New Orleans. March 18. for
Havre, was discovered to be on flre the same day. She was taken
low and run .ishoro between South Pass and P.iss a I'Outre.
Tta; fire was extinguished on the 19th. She was towed to Now
FKID.4.T, P. M.. March 23, 1883.
Flour has been quiet and depressed, especially for the winter
wheat grades. The receipfs have been moderate, particularly
of spring wheat brands, but the supply of all kinds has been
Orleans on the 21st. She has a large quantity of water in her, is ample for the demand prevailing, aod this fact, in connection
baily listed, and will discharge her cargo (cotton).
with the liberal supplies abroad and the decline in wheat, has
Cotton freiglita the pa.st week have beea as follow.s:
served to depress the market.
To-day there was only a
Satur.
Mon.
Tues.
moderate trade, and prices showed no marked change,
Wednes. Thura.
PH.
Wheat has continued to sell fairly for foreign markets and
Uverpool, steam d. ^32® ''321! ^32*'a2 °32*'^3 ^32
5323''32
2'32J
Do
Bail...dl.
early in the week there was quite a good business on speculall«A-lB.ing4-15£4
Havre, steam
e.
tion but latterly the trading in options has fallen off someDo sail
c.
what. Prices have declined 1 to 2c., mainly owing to depressed
Bremen, steam, .c.
"32"32*
"32*
markets in Europe. The general tendency of prices, both here
Do
sail
e.
Hamburg, steam.d. ''32«'4' 73 J® 4* 732® "4' 732® >4' 732® "4
and at the West, has been downward, though heavy snow storms
Do
&a31...d.
in some parts of the West and an unusually low temperature for
52i2t
Amst'd'm, steam.c. o2Ht
52l2i
52 Hit
52
this time of -the year have at times given a firmer tone to the
Do
sail...d,
market. Latterly, however, there has been a noticeable disBaltic, steam
d.
%*
jjosition to sell, and the market both here and at Chicago has
Do saU
c.
Barcelona,steam.c.
i3ie®V is,e®78 1316®%'
been weak and unsettled. OperatoiR during the last few days
Genoa, steam ...d.
Si*
have been disposed to pursue a rather cautious policy until it
" Compressed.
t Per 100 lbs.
is more definitely known whether or not the cold weather has
LiVEHPooL.—By cable from Liverpool, we have the following
done any serious damage to the crop. In some of the winterstatement of the week's sales, stocks, &e., at that port. We
wheat sections the temperature has been down nearly to zero
add previous weeks for comparison.
at times during the week, and it is averred that no little damage
Mch. 2.
Mch. 9. Mch. 10. Mch. 22
has been done ; while it is also claimed that the acreage in
Bales of the week
bales.
41,500
52.000
61,000
43,500 Kansas shows some decrease compared with last year. To-day
Of which exporters took
4,600
5,301
5,500
5,800
Of which speculators took..
1,870
4,300
3,500
2,000 the market was J^c. to Ic. higher, owing to an advance at the
Bales American
30,000
38,000
45,000
28,000
West ; No. 2 red sold at $1 18%@1 19M for April, |1 20%@
Actual 6.xport
7,800
13,500
6,500
5,700
Forwarded
31,500
32 for June, and ?1 19@1 19^ for
23,500
27,000
17,500 1 2iys for May, .tl
Tetal stock -Estimated
965,000 968,000 920.000
July.
The cold weather at the West caused considerable
Of which American— Estim'd 704,000 692,000 658,000 931,000
008,000
Total imiort of the week
79.000
81,000
37.000
69.000 covering of contracts both here and at Chicago to-day ; the
Of whfoh American
C2,00O
44,500
26,500
52,000
Amount afloat
292,000
290,000
366,000 331,000 closing prices here are $1 1S?4 for No. 2 red for March, fl 19^4
O* whJoh American
201000 220.OOOI 270.000 218,000
for April, $1 21Xz for May and $1 22)i for June.
m
;
W
2Vim
1
.
..
.
.
March
THE CHRONICLE.
34, 18(3.]
Indian corn has declined 3 to to., mainly owing to tbo decline
The foreign demand bafi not been briak and the npeoa-
in wheat.
lation baa not
gone beyond moderate
operators have,
it
said,
is
Wall Street
sastalned the Chicago market at
limits.
eflTect was noticeable in a somewhat firmer tone
proved only momentary. Rumors that csrn In
some of the Chicago elevators was becoming heated have either
proven unfounded or could not be authenticated. To-day the
market here was Irregular, opening ^c. to Ic. lower, but later
recovering the decline No. 2 mixed sold at W}io. for March,
66Mc- for April and 67?aO- for May.
Bye and barley have been quiet, and the former rather
depressed. Oats have been moderately active at a decline,
mainly owing to a weak market in Chicago. To-day there was
No. 2 mixed sold at 60)i&S0%e. for April,
ft farther decline
60X©51Me. for May and 50^@51^c. for Jane.
and the
times,
here, but
it
;
;
The
2 Rnrlng...V
92 70» 3 25
>>bl.
3 9)
5 50
6 00
5 50
7 00
4 25
7 75
7 25
Oom meal—
Ao
Western,
|
White
White No. 1
Oom—West, mixed
90
1
1 12
I
28
14
IIU^S 1^0^
103
1
25
10
1
12>4
1
(6
6S
63
West. mix. No. 2.
White
Yellow
Buckwheat...
White
...,
53
,
BarleyCanada No. 1
Canada bright...
Canada No. 2
67>4
70
70
73
70
6M.i:»2
MoIltr<^al
ll.:i.'<)
Philadelphia...
37.722
88,313
30,257
Baltlmoni
Total week... 201,206 1,130,513 2,492,438
Cur. week '83.. 233,733
317,033 300,817
Ploor
»
74
9 77
1
9 53>4
05
96
83
OfUt.
Detroit...
Louis
reorltt.
..
.
184.878|
1,404,084
6J.'I82
1.618
160,9181
198.709'
4,801
lei.SSl
2.486
40.521
82.89J
182.779
3,230
13,P44
26,810
201,389
101,768
35.000
.
(Cleveland. ..
St.
70,752
.
85
Barlev.
1,303
..
Oulutb
Tot. wk. "83
Same wk.
Same wk.
7)5,229
94,570
10.900
17,864
7,700
127,233
268,850
1.088.810
423,300
94:.154
S.282,891
1,242,130
97
95
88
'82
l-IS.lOll
210.S20
318,620
919,723
814.785
'81
1.944,624
397,905
604,833
32,358,062
37,513,180
Bxportt
from —
flour.
2,527
27,638
3,871
2.8>,'.
65,579
2.5,036
1882.
.
Flour.
1833.
Week,
Mar.
W. Indies
Brit. Col's
By adding
4.379
Ejeporte tinee
Sfpt. 1, to-
458,325
189,532
139,837
188»-e3.
1881-82.
1883-83.
Btft. 1 to
Sept. 1 to
Sept. 1 to
115.839
39.99S
Un. Kingdom
CODttaient
1880-81.
1,782,309
1879-80.
3.467,635
10.568.318
3,317,008
15.40.').8til
5519.673
2,165,331
3.l04,:i27
3,931.611
11.771.713
6.453.073
1,301,221
1,356.875
•lti2.362
593,234
536,572
807,420
395,316
36,199.373
27.073,334
21,177,071
22,790.961
968,610
shipments from Western lake and riv*r
ports for f Dur years:
1882.
1881.
IfSO.
Week
Week
Week
Jfar. 21
^^,
itar. 17.
ITar. 18.
Jfor. 19.
bbls.
152,221
143,653
113,151
09,392
306,806
379.236
3d7.920
1,531,405
1,045,623
1,019.779
1,6-23.608
932.678
2,234.687
553,989
85,499
40,789
409.280
70,207
76,337
351,439
73.614
39,132
3.231.191
2,079,312
2,319,'102
3,091,550
371.032
411,302
B32.4S2
& C. Am..
Indies.
four
18,
BNi.
4.020,303
. .
8,612
11,733
to
17.
Sept.
1
to
Mar. la
Bmh.
Biuh.
1,878.041 28.2S7.17B 2IAI1.491
131.KH 20,634 .aOS 8,398,937
SM,1I6
lS82-Sa.
IS81-a*.
Sept. I to
Sept. 1 to
Mar.
17.
BuA
83,963
22,110
203,410
800,888
85.i74
8,882739
3.083.947
47 835.708
30.3'<8.103
17,ai8AI»
8,830
21,760
7306
Mar.
18.
Bitflk.
14300304 10300377
2.224,478
4.07S3M
aeajsai
321,81'
Total...
Mar.
Cbrn.
1881-82.
89,178
41.328
1703B1
M7,I70
es.'^sa
8«I>,1M
888.004
98,4aS
4l3ia
21.800.
The vistble supply of grain, compruing the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, Mar. 17, 1883, was as
follows:
Com,
Oalt,
Wheal,
Barley,
Sye,
Inttoreat—
buth.
Sew York
Do. afloat
(est.)
Albany
BnOalo
Ohioago
Do. afloat
>..
tmwaokee
Oulntb
1.277,644
2.770,'289
St. I<onte
Cincinnati
Boston
Toronto
Montreal
PbUadelphla
Peoria
Indianapolis
Kansas City
Baltimore
OnraU
biuh.
135,000
75,000
roledo...V.V.V.V.V
Detroit
Oswego
biuh.
91.3.618
592.905
90,000
28,000
110.000
762,.506
29,199
5,967,421 5,125,015 1,533,409
217,000 102.000
313,000
l.'221.937
44,229
1,862
6,541,134
DownMlS8l88li.pl.
last
Mnr.
-.7.
BbU.
40,983
1881-82.
1,707,327
and lake shipments from same porta for
movement
1,017
2,000
IDuof.
of flour and grain from the
same ports from Dec. 25. 1SS2, to Mar. 17, ISS'S, inclusive, for
fonr yearc, show as follows:
rail
632,168
this week's
season and last season.
The comparative shipments
Total
774.630 2.220,739
1.762
Otli. countr's
The
1,080
147.382 1,119.523
1.800
18.900
1883.
Week,
Mar. 18.
our previous totals we
have the folluwing statement of exports since September 1, thit
2.as:.74i
315.858
29.319
Mar. 13.
17.
Bxuh.
501,409
91,913
7,807
18,791
10.931
1,314
72.903
17.910
I0.e74JSa2
Bye
Mar.
188J.
Week.
Mar. 17.
Biuh.
BuMh.
267,186 1,763,497
504,397 433,787
97,072
10.4S6
21,398
14,133
3,599
874
178,285
142.780
30,089
7.993
7»,82>
81,1*0
Oom.
1832.
Week,
1883.
Week.
Biuh.
749.703
367,445
375
2,000
Bblt.
117,495
Total.
27.408.457
,.
TTee*,
18.
Mar.
17.
83.640
4,630
8,019
16,544
2,«27
1,786
S.&C.Am
80.912.278l 76.887,i»0
... ..bTSh.
We add the
Wheat.
1892.
Bbls.
Un.Klng.
Contln'ut
5.498,4.<W
Wheat.. .....
Com..., .„..
Oats
Barley
632,168
Rxporl*
forveek
to—
18S0
_
774.630
The destination of these exports is as below.
corresponding period of last year for comparison:
West
«lonr....
iss.oizi
712.744
530,772
Biuh.
3,871
8'rae timr
Brit. CoI'Dlea
Wm*
90,434
192,>!9i>
231,815
8,2S«,4»
1883.
FtOf.
117,495 1.119,523 2,220,739
Baltim're
N.Orl'ns
8,388,453
rail
Rye.
Oal$.
147,532
72
rotalw-k.
Oom.
Biuh.
735.160
57,030
endlaft
Biuh.
27,688
4,734
5,323
I2,029,32»
....
Biuh.
502.209
53,446
48,729
86,801
20,565
Boston. .
Portland.
Montreal.
10,470,530
Below are the
21,151,567
3. 82:, 433
Buth.
2,527
New York
23,980,581)
Total Kialn
Wheal.
BbU.
.MaB4.8BS
Uyo
39.261.850
....
8,000.303
34.243.473
The exports from the several seaboard porta for week
Mar. 17. 1883, are shown in the annexed statement:
59,747.832
78.642.199
...
Iir7»40.
1.00^739
1,13:1.212
32J,8'.8
61,9:0.298
32.360.SS3
Cats
Barley
1^80-81.
3.843,132
383,810
8.30-3.017
Oom
1881-83.
2,584,463
l.l<<;l,3»t
6.634.963
4.777.795
19,776,799
8,378.095
33.082
10,143
235,614
..
K/«
1881
meat...... bosb.
IP,535
00,;jia
1.145,59:»
Barley.
1888
1882-83.
1
10,31)1,9.'.7
3.
2,310,'2i;6
612,16^
879,113
15,674.531
4.722.370
Rye.
SiDCeAug.l—
...bbls.
i'.mw
3,3)4
21,443.075
4,360,006
Oits
Mar.
1TV.033;
Floor...
3,I0J
a.400
63,000 31,000
05.850
48,105
Waeat... .bosh. 11.578.2 IS
Cora....
91 06
9
•
BM<.196Uw Biuk.80 Ibt. Buth.iOUa BluKaH U» Biuh.48 U» Siuk.S6 Uu
ChlcaKO
Milnraukeo.
Toledo
1R82-93.
3,417,314
bbls.
Otb.c'nt'8
Com.
0,575
(102
101
State, 4-rowed..
State. 2-rowed...
Wheat.
18,050
1,500
1
yean:
00
of breadstuffs to market is indicated in the
statements below, prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at Western
Lake and Kiver ports, arranged so as to present the comparative
movement for the week ending Mar. 17 and since Aug. 1 for
each of the last three years:
flour.
SSSl
ia.aM
n6'.,7ao ioo,B«o
The total receipU at the same porta for the period from
Deo. as, 1883, to Mir. 17, 18(8. oompMe as follow* for fonr
The movement
BeeeivU at-
butS.
827,260
78,033 i20S,76t
48.730
8,.^00
81,300
i.iOl
73,800 S.53300
315,740 471,330
200,331 503,005
."T.-i
RewOrleao*...
5 75
3 75
49%9 SlHl
51 9 55
50 » SOU
,
No. 2 mixed.
No. 2 white
66
5.1
72
7a
....
State <ScCanad[a.
Oats—
Mixed
9 130
103
Oom,
fttisA,
3.Vi.00O
Boston
Portland
Phlladel..
Rye— Western
Spring. per bush.
Bprliig No. 2
Red winter
Bed winter. No. 2
7
009 3 55
609 3 65
759 2 90
3
3
2
Brandywine. Aa
Buokw't Qour.lOOlbs.
5 63
1
Wheat-
Wtual,
obtt.
12I,55H
:
City statpplne extras. 85 25 9
Southern baxera' and
family brands
5 759
aoutli'n sLIp'K extri.s. 4 75 a
Rye dour, supertlne. . 3 UO 9
275A360
No.2wlucer
Superfine
3 60»
Spring whe«t extra*.. <1 DO'S
5 009
do bakers'
Vis. .b Minn, rreiutx, 5 009
Ulnii. clear nnd Btra't 4 509
Winter Dhlpp'K extras. 3 90 a
Patents, spriuK
COS
Patenu, wiutor
5 509
347
Ftmr,
Al-
Hew York
Total g.-ain
following are closing quotations
ri/>uR.
N(..
..
1,452,083
0331660
130,329
30.000
75.000
737,192 1,875.191
117,120
66,323
101,425
78,401
533,249
2.400
S15.-203
5.616
613.066
897.014
4.501
488.891
351.300
79,600
200.008
430.754
biuh.
buth.
40,.'.34
158.538
270,000
100,000
22,843
108,000
83.000
250.723
146,693
77'2,724
281,040
87,105
44'6i8
5.4,36
16,.373
13.010
71.392
53,294
2J7,750
3,187
140,720
39,400
2.000
62.927
9,413
102,933
1.461
92,816
105.579
106.413
38,400
8,861
cV.obo
50310
73,051
754
10
24,497
19,901
SIO
140.476
13,000
27,207
232.776
23,339
423,700 2,186,223 1,372,011
432,500
40,310
1,105,518
103.331
3,879
850,3'.'6
i",7S4
weeks were:
Week
Flour,
Wheat,
t»uh.
endinir—
obit.
Mar. 17.. .152.221
Mar. 10.. .220.463
470.227
537,271
Mar.
33.5,707
Feb.
3...21:>.236
2-1...
Tot.,*w.
4w'ks
131.030
357,697
749,n.^5
1,730,905
1.271,174
82.. 580.003
Oom,
Oaii,
biuh.
biuh.
1.7«'i.27l 1,070.962
2..M)7.4'>3 l,0ir>,699
2,430,972
1,312,140
821,817
881,701
Barley,
btuh.
Bl/e,
bunk.
315.853 31,053
319.916 51,142
3! 4.72 -i
03.0-<8
300,211
25,831
8,090.312 3.790.2:-U 1.2S0.743 •.'0^,117
3,940,131 1.507,230 333,609 113,909
The receipts of flour and grain
Week ended March 17 follow:
at the seaboard ports for the
Tot.
Tot.
Tot.
Tot.
Mar. 17, '83. 23.966,929 14,921,839 4,571,231 1,891.011 1.374.613
Har. 10, '83. 23,026.393 14.13it.0!»8 4.:i01.»,i7 1.9.7..308 l.-Tl --3
•>
Mar. 3, '83. 23.3.12.271 13,043.611 4. liM. 41 1 1.916.4:'
Feb. 24, '83. 22.,309.01 1 11.528.0.33 4.I65,'J20 1..3.^«.8•
->
rot. Feb. 17, '83. 21,971.103 10.140.170 4,093, 4'.'0 l.«00.5!>
Mar. 13, '32. 13,II3,J24 11,342.390 1,9J0,3;)» 1.602,106 1,07J.733
ftjt.
following staterafnt, prepared by the Barean of Stati*.
show tjie exports ot di>:uestic br»«ditoff« from th*
undermentioned cu.3tom» districts, during the month of Feb.,
1883, and for the ei.;ht mouths ended the same, as compftnd
with the ccrre-spouding months of the prevloos year:
The
tics, will
«
t
.
X
:
THE
348
Key
Siin
Key
Total, Total. Total. Total,
New
New
Miami
San
CH110!V1CLE.
Miami
Boston
Huron
ClilcaKO
Detroit
Baltiinoi-c
Baltinibie
PliiltuVilphia..
8
<*
Philadelphia..
88
West
iork
West
York
Feb., Fell.,
Feb., Feb.,
Francisco.
of low grade cotton and woolen fabrics
Orleans..
FranciBCO.
Orleans
[Vou xxivi.
are steadily held at unchanged prices. The marked preference lately accorded to the be.st makes of goods has caused
some manufacturers to change their production, and the supply
New
Now
Total, Total, Total, Total,
Boston
Chicago
Huron
^
1
inoR.
is
steadily being cur-
mo.s.
mos.
mos.
18 18
o c
to
c&Mw
§^:
:
X.
00
;
oi 01
*
•
.
:
i
:
:
:
18 IS
I
;
.
^?:
:
:
;
:
5-
&
:
:
;
:
ccco\
'
:
qao
M
W
MO-OCCU
10
W-a
Cj'—
O'
W O to
s
a,
^C
IC
g
P
§
—
•J CC fi
C-r
tJ *^ Iv
k.
WWX
w-^cs
•
•
•
•
:
:
1
:
^:i;«a
toofc;;
wawMH-rf-j*
,
od a:
li
tfk
.
^ i: O C.
a
•a
I
: -) O'
-wco:
:
•
;
M
X
to
-to
*3«
;
S
?
ffi'15
tf^' a-
)-i
coin-iyii-'K3|
UJtt-tO:
OOK-OTJ'U'U't^
.
aorccc.
cj o:
W
lO
to
lo
r.'-^
:;.0-,2-4-l
If*:
:
.
to.
.
•
—X
.
"^
o<
•
•
O;.
.
.
lO.
.
.
-3
c
-'
oit-'ODOjrf-r-i-'::;'
OWCcrf^CiXCo^CiW*UlCCOCitCCOtClOCCX
s
?-
3
^
w-i«
3 M -q
to
03 W -q W X
to o -1 a w x
•
cjfcoseoo-:;
.
(L.
to
^ CD
rfi.
r;
.
—
<\<ia:
h-'Ot^lO
.
•I-JO
•
toao
S
s
K-"—
?
a
.u
w
lyi
to
C
5.
f>
K
IC»*^rf*.Mrf(yi
^
3
!
tt-W«-OtOO;
WXtDOMC
s
:
:
MX §
:
;
®;
a o -J
-^^OC
to
;
;U
5.
H
k
—
8
-*
-lOS
»-&;
^
S
tO^C:
'-J.'
.
.
tlQ,
o &;
•
:
K>
-1
Ifl
M 1— a *-
-1 O'
ift"
g
r-
ic
te
*.to
tf^-OlOtO
•
5*
:
?
a
#^:;iCli*-
ih--
,--:
a
s-
r:^X
« MX
t-.-^-cs!
o;
*
00
£
X
to
li-
MM —
.
sr»s
en
O
O'-'CIX
uoS*
C
!?
fe!
ft'
a*
«
-''^*^
to
'
•
§>
-^
<5'
.....
Hcnc;(0
tc
plicate parcels of leading makes at tirst hands. Ginghams continued unsettled, and large .sales of certain makes were made
by jobbers at relatively low figures.
—
Domestic Woolen Goods. There was only a moderate defor clothing woolens by buyers on the spot, but some
very fair orders were obtained through the medium of traveling salesmen, and agents continued to make steady deliveries
on account of back orders. Medium all-wool cassiineres and
choice cotton-warp cassimeres were in fair request, but fine
suitings were a trifle slow. Worsted coatings met with moderate sales, and leading makes are closely sold up by agents.
Cloakings were mostly quiet, but Jertey cloths continued in
good demand, light supply and firm. Fine satinets were in
fair request, but other grades ruled quiet, and there waa a very
mand
light business in Kentucky jeans and doeskins. Flannels and
blankets were dull (as usual at this stage of the season) and
carpets were in irregular demand at tir.st hands. Wool and
worsted dress goods were jobbed in liberal quantities, and there
was a steady call for small re-assortments by package buyers.
Foreign Dry Goods. The demand at first hands has shown
some irregularity, and while a very fair business was done in
a few specialties, the general movement has barely realized expectations. The jobbing trade was of good aggregate proportions, dress goods, silks, trimming velvets, ribbons, cotton
"wash" fabrics, printed fateens, &c., having been in noticeably
—
M X
rcwoy- X
•-"uo w^
WO' in a
oxh-y:
GO
ot*-o<i:cw-^a:--c
MO
-3
OitUO'
•
^WUKlrf^
•
1
^
4
/'
•Of
10
io.
MMi-*
to too
9'
ll
#.rf!..:D^it*>-rocc®:''
I
i(k
10^
-sj
WOWOtOL'i
;
tt
Oi in
ro
.,_*..
:
r c X oto
*-
?g
a &
to
:
tc;--rco:
15.
tCi**X*.'XtD»-
-^
*>u.
m -^ x
'
,_.
:
H*
:
a-'tz oi
^nc'^s^c
^
CO-
.
:
:;•
X — X"^
s~
y:
:
.
OD
^
c
-^
tf-^)0»CI-iK)
M
O":
Cl.
•-^cto^
tscnuocotto
Ol-JM; MWjccccOiK
;
ft
T
I
S^'.
-' WOiJ' ..»-.
&
CCMM
•
Cjta^C
<0' ^3
^
^
W
;
J-i:;(s:co
inc-a»-'
-lati.
:
t!
;
:
— c>-'l-'
a
ci-t-o-.
•
8
cD'it-oy'<ico,5
o.u'oci-^'tc
'cc'^.rf:^'
•
:
:
?
1
^ 'X
:
1*^:
tv'-'
^
4i IC
0°:
;*-;;;;
1
Xr-MC.
-O0JCC
CiMC^lS
:
-
-1 -^ <i -x
cia-'X**
ta
-3
1
!-i
CC:-B. to
w:D' wc-orT-OL «
cto •--^cuiP'^u
OOT- c-to-w**
M
1
i,"M
tCWOC0*>-<]
C5l0:s-Jac:
WA;
a.
t
XXX
^lO
too
**
p
en CO a.
to
to
'
a X tJ *-
^KO""
00
:
MtO
-IX fcO
tOXl^M
OUC CO X
te
kC-
Domestic Cotton Goods. The exports of cotton goods for the
3,957 packages, including 1,932 to British East
Indies. 751 to China, 324 to Great Britain, 241 to Brazil, 124 to
Hayti, 122 to Venezuela, &e., making the total shipments for
the expired portion of the year 30,021 packages, accainst 27,648
for the same time in 1882. The main feature of the week's
business was the activity of the jobbing trade, large aggregate
sales of all seasonable fabrics having been made (in package
and assorted lots) by the principal jobbers. At first hands the
demand was chiefly of a moderate character, and the best
brands of brown, bleached and colored cottons were relatively
more active than the lower qualities. Prices of staple cottons
Print
are without quotable change, and generally steady.
cloths were in moderate demand and fractionally lower; prints
continued active with jobbers, and there was a fair call for du-
week were
•
f-**-*'.
:
—
§'§''f=f
:
.
tailed.
•1
good demand by retailers. Swiss and Hamburg embroideries,
laces and white goods were in moderate reque.st, but linen
goods were somewhat quiet, as were hosiery and fabric gloves,
and raen's-wear woolens were slow of sale.
Iiupartnlious ol' Dry Qoods.
The importations of dry goods at this port for th-^ week
ending March 22, 1883, and since January 1, and the same fact.-<
for the corresponding periods of 1883. are as follows:
— cl^'
Milwaukee,
New Haven, Portland, Kichniond, Willamette and Yorktown. the details
for February, 1883, being as follows
•Inclnrted in tbe foregoing totals are the reports troiu
liihoim-
Barior—
A"(f.
J\tw
Barcii.
Forl-
HicJi-
luiid.
nwnd.
Willamette.
n
—£ o
K^
H
o
P3
i
S
§;
a.
a
E
2?.
Yorhtown.
S:
Buijuela
Value .$
Indian corn—
S:
.
Biislicls
Value..?
OiM
meal-
indiiin corn
Barrels
1,82.T
Value.. $
7,343
lo*..
ah-
•-w
to -I
C X cc
I
Oats—
.
Kye—
J.X
Bashels
Value .i?
Vi'tox
oo
Uit>tOXCO
— Mt(*H- o
ro to 0; OT
CO o- O'
w
--
wX
a
0*--l-J«M«:
"cm X O M CI o
C;
w ^1
aO
rf-tO
3:
xcc
X
C li^XUO
xu
O'tO
X
0;
Oi
Oi cj o: O' h-
(*^
*- o **
Xa
O; f to C Oi
O*-
240
123
Bushels
Value .$
tOl^MtOCO
tOlU
(*-
X
0»>M|^>U
»*^ -
S.
;J3
I
.
«lic:it-
235,430
260,273
Bnshtls
VuUic
.
.$
WtOt-'tO*OtOC^CM*F^
X c; CJ C" c
—
X
M
-I
O- Wo
Wheat flour7(17
Barrels
Value
.
.$
To;:;l values—
Feb.,'83.ii!
3,877
11,343
I'V1).,'82.5!
.8
8,000
45,100
45,100
6,000
17,153
108,579
108.579
114,986
57,503
281,053
541,326
762,293
11.100
240,510
..* 379,010
188:!... Si
50,532
50,05G
830,238 3,181,139
132,060
205,742 1,273,504 5,001,922
66,000
O'-'iiCOX
>;-
X w Ol M
O'XXtOX
800,734
fcO
to to
tox
r-Cl W1U.C1
W»f.tO^-
"io'ci
MMii'Vx
MOJ^'XCi
^-XCitoOS*
h-io'r
<1C,I
it- *-•
>~-
b'toxViao
MO<X-»lK)
X^- WMOi
CJi X X x^o
to
M
1— -io<-jO
ill
xoo
10^
b:
was done by domestic commission mer-
10
—
to
w c: X X
XX
ooQc
I
r-h-
7' X X
M
—O
CO to -' X
M*»-tO«f»Oi
K.-IMXO
x#»'0'_aM_
XXtt^^-Oi
^tOMlO
MCOrf^C^iCO
M
X to OS
OiJ, X'-'X'ft
MO^;j'c;«
X;-'M*-*».
COCnliio to
cr.
ox
M-l
>**•
to to
»u
-JM X c ^ X
X to -I X 10 *^ o
M
00 Ut
)^
o aw
«
to
ro
MW
10
cou <i
o -JW X to o» c; to
*>- -^1
-.1
ifk.
>-'
);^ )t.
MX
coco
XM
OM
COMM—
^- tO.M
I—
o Oi ^ O O'
MXtOOiCi
COM^pW
oocox'>p-co
xc;'tOMco
c* j: (Xi
Oi rf*. gi
xu
^MoX
X *^ c& m
:j<
tOMWtOM
^ Cw 51
OjXMMM
Oi
MOi
CSX
cso
xo
cci
C;»%'
-qo»**cooi
it-^XXv|
I
XWCOMW
CO —
to X
10 O" 03
to
X
»t-
X 10 to MOO
O"
ill
X X-
"J-
K5
^
f-'
i._H--l_XlO
x'xIt'Cr.aD
to
CO
en
O M O' to
^-- X M CP X C«
01 Oi
lo'^
Tbe jobbing trade has progressed favorably the past week,
chants and importers, in spite of the stringency of the money
market, which tended to restrict operations to some extent,
'i'liere was a large representation of retailers in the city, and
their purchases of spring and summer fabrics were conducted
with a fair degree of liberality, while staple goods were taken
(Ceely and in good-sized parcels. Some large lots of fancy caasimereS and ginghams were offered through the medium of the
auction rooms without affecting the general market, and nearly
all domestic and foreign fabrics of a sttictl desirable character
01
X X CO
M X o aj o
O! o;
Fridat, p. M., March 23, 1883.
fair business
'|WX*.M
X to M
CO
MOl-IH-l-'
cox
j3^XM5J
THE DRY GOODS TRADE,
aad a
(t-
1
XXMW
CC.'.OU
mi'Uths—
188-.'.
to
<3s
I
C-T
M WMMOi
wbitorf^o
COr-r-XOi
X-'
w5
:
:
M Alien
..
)
::
,
IBanU *tiitcntcnts.
fituli »tiitcmcuts.
I
KKfOKTOKTIlK
rOMIiriO
KOI KTII N
fl rV
Now
Dan Till mage's Sons & Co
M.W
111-
V.ifk.ai
I.<)an«Hud
ic
VTIONAI. MAN
.rllK
•.
S,..,
.,t
Vi.rli,
..
1
Maruli
!.••«
dip«--<n>
Nireel,
&
rea....
I
i'<
773.10
n
M
US
louse
'
Ji.'i
1
I'ncer nir ry, iiiesela
A
pennloa
'
'
00
M)I,8<j8
97.000 00
(K93S7,Te6 94
Capital Stock paid In
18300.000 00
MO.ono no
Surplus fund
Undivided pronts
Nnllonnl hank notes nautaodlaic
n^-''
'
D89.88I 01
699,991)00
90.009 87
IjBsn.noi ne
...
-iniiald
'
I
I
I'oslts sabjaet toebaek..
aes<,f depoelt
8W
43IM,«88 SU
7.0(l« SO
11,911.038 97
4S7,340 83
S<IJ!00
acceptance*
Kri'otfT OP THE r«»>'niTi(»x of the Ciisliler'i'lieoks
outstanding
\<Mi:w XN K.V<1I.VN<;e national Duu to otiier nation
banks
BANK,
Y.irk.
til- Si:ilu (If .Now V.irk.Rt
l>
tl
Ill
Ihf
t
un Ihc KUd tiny of Mar.,
UKSUUHCES.
M-ihL'i*«
:
.
DuetoStule baoksund bankers
ltfc<U;
Loikns and dlsoounta
tlS^I.OM
OTsnlriiria
tW.Tefl
U 9. b(m^l8 to locuro clrcolatlon (par
Vdluel
30,000
Other Atucka, bonds and mortRages
83,7^
Duo from otbor national bank*.. . ...
OVixm
Duo fi-niu State and private banks and
bankiT.s
17;. (lie
Baakinii bouse, &0
S4U.:^&a
Oirrenl expenses and taxes paid .. ..
9^,030
Cheeks and other cuHh Items
6933^7
KxelianK<'S fur Clearini; House
43M.SIS7
Bllleof other banks
118,8.6
.
SO
80
.1
Ti
J7
1^
Dne from
V. S. Treasurer, other than
S per cent redemption fund
Total
In
(3«,B83,3e« 71
LIABILITIKS.
00
l,Sen,000 UO
816,«ltt AM
8,80:1 00
10.(K3 90
|fi,000,000
Hnrplusfund
UndlTided prottta
State Iwnk oircuiatloD oalstsndinz
UlTldends unpaid
IndlTldnal deposlu subject tn check..
0,8tft,S77 41
oertltfoatee of deposit
31.890
1.1
Certltletl che.?k«
I,7ll,fi00
Due to other national banks
Due to State and prlrate banks and
87
8,073.083 81
bankers
1,069.807 81
tatJSaAMTll
TnlHl
S ate of NewTork. Conntrof New Tork.ss:
1. Di'MoNT Ci.AiiKic, Cashier of
the Ame'lran
Rxohanjie National Bank of the city of New York,
do solemnljr swear that the above statement Is
tine to the best of mr knowledge and belief.
DlT.MO.VT CI..MIKK. Cashier.
Babscrlbed and sworn to before lue this 20fh dny
of Mar., 1883. Witness my bund and notarial seal.
A. II. RUI'UKBS.
Notary Public. N. V. Co.
Correct.— Attest
T TERRY.
ORO. BLISS.
FRKDKUICK BILLIN
JNO.
1
J
S,
Director*.
i
OF THF. CONDITION OF THE
REPORT
C'llEMU'At, NATIONAL, HANK <.F
%'OKK. at .New York. In
NEW
Mjiteot New
York, at tho close of buslntss
tiie
on the 13th dayol
Maroh. la«)
A'2
l.;«)l
s»
n
value)
100.000
806,000 00
810.003 41
U. H. bonds on hand (par value)
Other stocks and bonds
Due from other national bants
Due from State and priv.tte bank* and
bankers and corporations
Banking house..
<;urrcnt expenses and wxes paid
l.'hocks and other cash Items
39:1.370
83
imfiHft 51
120.000 00
1.973 1(1
03.711 40
1.10l«,110 71
33.000 00
Kxchiinges for Clearing liotiso
other banks
Bills of
sand
cent!
Specie, vli-04id culn....«l,ll8S,8T8 SO
(iuld treasury oertlHc's
500,000 00
Clearing
ceitlDcatee
Silver coin
4,M09 00
House
l.oao.O'O 00
IHO.nu
:.9
Silver treas'y ceriiac's.
85.890 00H).W»,7r; 00
L<»gjil tond«>r notes
445,08100
l>ue from U. M. Treasurer other than 6
percent redemption fund
10,000 00
ToUl
,«
UABIUTIkS.
_
Oapllal
19.911 333 20
stock paid In
Berplns fund
OndlTlded proflta
State bank circuiauon oatstandlog
DIvldendB unpaid
ladlTldual deposits subject to check
113,140,511
Demand certtHcates of
deposit
RX3S8
rcrtlDcd checks
810,613
Cashier's checks outtending
-.8,701
Dueto other national ttanks
.
Oveto
•901.000 00
.
3.000,000 00
TOO 67« 81
10.887 00
.
339S 00
.
I
the close of business uo the 13th djy ni
itt
li«<3:
RKSOttHCBg.
Loan* and discounts
54
87 88
500,000 00
10,000 00
890,454 90
tO.'i'.0.^(>4
Overdr rta
U. S. bonds to secure circulation
Li. S bonds on hand
Other stocks, bonds and mortdcagea
Due from other national banks
Due from State banks and baajten ....
104,557
n8.104
886,000
900,000
84>l)9
47,308
Banklnghonae
other real estate
Curr^nte pensesnnd (nxeap.M
Premiums paid
Checks and other cash items
Bxchanges for Clearing Uonae
ToUl
31
97
I,084.0<lrt US
8i).746 00
89300 00
410.874.574 54
LiABiunsa.
O^piul stock paid
Surplnsfund
IM
8M
Ou
00
89
19.199 38
9,908.8s0 38
9,17i 00
Billsof other banks
Kriictioniil enrreney. Includ'g nickels.
Specie. Inilu.linKKod Treasury cUa...
Legul-teiuler note.H
lledemption fund with U. 8. Treasurer (5 per cent of circulation)
ti.noo.ooo
800.000
80.778
450.000
11.880
In
Undlvide<l prnflts
National bank notes outstanding
00
00
90
0"
Dividends unpaid
00
Deposits-lndlvluual
$8,700.8119 44
8.3a9.4M 07
National banks
State banks and bankers l.OiK.014 84
8.9.'8 81-6301.005 6A
Certiiicates of deposit..
8.180.888 70
Acce Ksnees
Cashier's checks
190.08183
New
York. County of
310.874.574 54
New
York,
is:
above-named
KitKii'K 'rAYix>R. (;Baliier of the
1,
bank, dosolemnlv swear that the above statement
Is true, to the best of my knowletige and belief.
KUKD'K TAYLOR.
Cashier.
Subscribed and sworn to before me thin 19th day
KUWIX F. COHKY.
of March, 18SS.
Notary Public. .New York Co.
Correct -Attest
WILLI A.M D. MORUA.N,
/
CUARLBS H. MAK.'OIAI.L. } Directors.
:
BDMU.Nl)
1>.
ItANDOLI'H.
S
OK TIIK CONUITION OF TUE
REPORT
.nAKI.NK NATIONAL HANK, at the City
In tho State of .New Vork. at the dose of business March 13, 1S88:
IIU80URCES.
$3,115,483 51
Ijoansand discounts
7,744 55
Overdrafts
800.000 00
U. S. bonds lu secure circulation
Otherstocks.bondsandmortgaca*....
60,817 08
81.1.403 t-t
Due from other national banks
15,113 30
Due from State banks and bankera
388.^03 VA
Real estu'e, furniture and llxtnrea
1.44:1 Kl
Cnrrent expenses and taxes paid
08..1
;«
Cheeks anil "I liorouah |tom«
6e0.7"j7 Ti
Kxchangos tor CIci.iiiB House
)H381 00
Bills of other banks
Fractlunal paper currency, nickels and
"^O? 07
pennies
648.817 90
Specie
1 09.300 00
Legal-tender notes
18.500 00
V. S. ctts. of deposit* for legal tenders
a.d
Undivided proBts
$3,807 530 11
LLABIUniS.
$400,000 00
100.000 00
ti—v.-
National Bank notes outstanding
Dividends unpal.l
Indlvlduui deposits subject to cheek...
Demand certiiicates of dopoelt
Certified checks..
Due to other noUonal bank*
One to State banks and bankeri
S
JS-§1S
870,000 00
..„™i «
a379.8>4 90
860.801 07
22
S^iJ? 86
48I.M1
100378 40
r
Nut ic, rial Hank of New V'ork," do solemnly swear
iiat the above statement Is true, to the best of my
.
I
ki.owletlge
and
belief.
WM.
QUINL AN, .TR Cashier,
f worn to and tubscrlbed before me this 19th dny
of March, 1883.
Robert o. Roberts.
Notary Public, Now York Coanty.
Correct— Attest:
J. A. ROOSKVKLT,
1
FRKDKUIC w. STfcvENS.; Directors.
iiUBKUX UOKLKT,
)
J.
.
]
Ked'niuion fund with V.
urer
Tnim-
".
(0
per cent of elmilalloai
Toui
.._—
18300(9
|73n,iN
n
Capital stock latld In
Surplus fund..
Pntilvide.! proOia
Nat lonai bank uute* ootslaadlnii
Taxes account
Dividends unpaid
IndividU:!! deposits snbj.'et
Demand
oa«eK.
i.i
certiacataa of deposit
Oc-tlfled cheeks
,
Cash'er'a Oieeka outatandlnv
Due toother national banks
Due to State banks and bankera
„ ToUl
State o- New York, County of
t...
ill
M
$7381.168
York,**;
I, John Parker. (;aahi('r of the
abuve-nanMI
bank, do solemnly swear that the above sutesaent
Is true, to the best of my knowledvn and belief,
JOII.N PARKKR, (Vshler.
Subscribed and sworn 10 befrcre me this 17th (lisv
of .Mar.. 1888.
ELIJAH II. RiKKK. .NcUry PnbUc.
Correct- Attest
New
W1LLI4M BRYCB,
)
'
HACON.
D. O.
KUOBNK
OUriLII,
Dirccuin.
N
OF THE CONDITION OF THE REPORT OF THE CONDITION OP TUB
REPORT
.NATIONAL BANK OFTUK HBPIJB' Ii^
CONTINENTAL NATIONAL HANK, New
York,
kl
tl9.211.838 80
8
l>''rr.>i'i'y,iilelieis*"vmai6iL
11
rKKDKHIUKMKAD.)
Surplus fund
701,119 15
day
u.
1
:
78
13 '18At3.20B 40
1.909,100 44
Caahler.
Mils 17th
i...-.
u kannino.
Notary Public.
ROBT. W. STUART.)
.lOHN H. INMAN,
J Directors.
Total
New Vork.Cnunlyof Now York, •»:
w«. J. gtriNLAs, Jr., Cashlerof "ThoCheml-
tiM
1',
i
ui-..m-t
Capital Btnek paid in
State and private banka and
7"'"'
:
Subscribed and sworn Iw
of March. Il«<3.
Curiect— Attest
63
lankeri
„
HRNRI
Slate of
|11,8S7.>0
Overdrafts
...
U. S. bonds to sjcare clrcnlatlort (par
Oold
BL'CKnottT.CaxlU' rof ilieabove-nsmed
bank, do solemnly swear
vx statement
Is true, to the best of m r h
;iI belief.
T.ital
KESOlTRCEg.
Loans and discounts
Fr^totlonai paper carrencr, nlcke
I.Kksry
Marvh,
10,000 00
Capital Stock paid in
Demand
SUte of New York. Oiiinu of New York, M :
40
44
00
s,am,i(n s?
S<t3.tf31 00
ijeffal-tender notes
199,887.706 98
'
00
.
Specie
Total
lr,.<'
Specie
Lc^at t'^nder note*
Ol
1.(X10
LIABII.ITIU.
.
MefoS
iloaae
.'
I.I.I
:i
8,98K,'V:i 0(1
Lt,(it tendernotes
lledemptlon fund with U.S. Treasurer
(Spvrceni of rlrrulatlon)
Duo from L. S. Troiisurur other tluui
5per cent redemption fund
Total
l^anlt iltnttuieuts.
...
','.'.'.'.'
I
ai'
t<l»t<-10
108 Bny Ktro«l, SHvannnh,
41 dc 43 North Peter* !«t.. New Oi lean*
.'MV>
Mkers
.•tii
7,51,
i'
Now York,
''
sno.iiod
14
'
.-.
4V«I1
i
II I{««t Bay, Charleston,
MeotmoM,
:i
I.01II.1UI
"ra
•I
10, 12
l-^i.
IJ.
1.<mls sni 'lUx^tintt
(HI
IWjeVk
i«e....
RICE,
Mireli
WiO.tKIO if
I
IN
lH».i
m^
iiverlr-ifts
I
AND COVMISSION MERCHANTS
1:1,
$10.160. 7)>9 nn
'
1
96 Wall
.
IHE CHRUMCLK
1863.1
24.
—
.
lifimiMU
ToUl
State of New Y'ork.i^uiityof New Tork, ss:
Fit*D. Cashier of the above-iuimed
l>.
I. Jotis
bunk, do solemnly swear that the above statement
la true, to the best of my knowledge and belief.
J''f
Snbacrlbed and sworn
of March. 1883.
Qorr.ct-Atlcst|j^^
t
•'
:'«ll. l^Mler.
ilils leth dar
^WEV.
^^^^.^
HKNUY
jyiiN
1'.
N- Y.t^only.
BXHKllW.^nire^ors.
vviLaoN,
SUte of .New York, at the rlftae
of business Muxcii U, IHKi:
at .New Yitrk. In the
HGSOI'HCIS,
Ixiansand dlasounU
$S.II99.u9n
14
lO'.t
43
Ovenrafta
U. S. bonds to secure clrculat on
other stocks, (Minds and mottgages
Due from other national twnks
Due from ^tuto banks and bunkers
1300,000 00
100.000
401.074
40 085 7>
Real estate
600,000 00
tt,18R 14
Current expenses
Choc's .md .ther cash items
I836B
Exchanges for t'learlng House
Bills of other banks
paper cur'cy. nickels
Kract'l
ft
urer
(3
8S.97n 00
188 90
pennies
»<,4fi
160,789
S.
8
09
Treas-
4S300 60
per cent of circulation)
ToUl
OpiUI
(/7
S3903ari 0&
Specie
Legal tender notes
HedempiioB fund with U.
M
4$
$10,000,964
LIABILITIEa.
stock paid In
08
$1300.000 00
600,000 OO
983348 60
Viaooo 00
1730H 90
Surpiusfund
Undivided proHts
Natl nal bank notes onistandlBff
Dividends unpjid
W
W
4.725 09
Individual dep.>sits subject to check...
Demand certtttcates of depoelt
Certlfted checks
8,098361
81.780 lO
930<.8Ki
Oshier's checks outsunding
Due to other national banks
Due to State banks and bankers
9>SXb t»
IM4,Itt
89
$10300.984 OS
Total
State of New Vork. t'ounty of .Now York, sr
I. B. H. Pdllkn. (ashler of tho alwve-iuunoil
bank, do solemnly swear that the above statement
is true, to the best of my knowLrtire snd belief.
K. H. PUU.KN. C» hier.
Snbacrlbed and awom to before me this 18th d*f
Jahes Walsd,
of March, 1888.
Notary Public, KlncB Oa.
CertiacauOletf laM.yTO*.
Correct- Attaat
H. W. FOIID.
J
SOUTTKR,
I DIneMte.
8. CARTKR,)
EPORT OF TtTK CONDI' 10.1 OF THF
TIIIKU NATIONAL HANK OF 'rUE
CITV OK .NK.\> VkKK, In the State of New
W.
K.
OLIVBR
York, at tbc close oX biuiness March IS, 1888;
HBeuuitcaa.
$8360394 00
Loans and diacounU
994 48
6O300 90
86.660 89
009319 19
498309 43
8J8I SI
Overdrafts
bonds to secure circulation
bonds on hand
U.
other stocks, bondi and mongagoa
One from other National baaia
Due from Stauibanasandbanlurs
RealesUte
Cnrreat expenses and Uxaa paid
t'.
b.
S.
•'•?92 Si
Premiums
paid
Sxclianges tor Cloarln« House
Bdls of other Banks
Fractional piper currency, nlekela aad
.•,.••.*•••.*••••••••
cents.
Specie
Ixwal tend* notea
Due from U. 8. Treaaurer (other tban
6 per cent redemption fund)
81300 69
19
99
M,?80 69
4.'n8
71i3380
T$7
M
781310 00
601300 00
.„
_
0394 79
1H386369 81
Total
LIABIUTIB*.
_«_,--« «v
capital stoek paid In
Surplus fond
Undivided proBU
Individual depoaiu sobjeot to eboefc
...
Demand certlBoatea of depoalt
Cert Ifled and accepted checks
Cashier's cheeks onutandlns
Due to other National bank*
Due te State banks and banker*
*^iSM!i3i
H&S21S
. ISMiTll
13t43al 89'
.aSR 2
1S9SS
.tR-ESX}
*>ll3fli
S.
1»IJW».9k
$^3$83*9
Total
91'.
SUte of New York, County of New York^**,:•-'
LOeo. I.. HtrTCBi>OB,C ahlemf ther"—
bank, do solemnly swear that the
the
b6—
to true, to
^^J^^^'^Sv^d^^,^
Subscribed and sworn to before me tSl* •* 9*p
of March. .888.
„.^i5:5re.'ir?.*Aae„.
Conect-Att6*t^^
,^
:
—
:
THE (CHRONICLE!
Tni
gatiU
XVNATIOXAl.
PARK BANK
New Yori City,
Mnroh 13, 1883
BESOUHCES.
at the close of business
Iroans and discounts
Overdrafts
U. S. bonds to secure circulation
XJ. 8. bonas to se ure deposits
Other stocks, bonds, lito
Due from other Nat. onal banks
Due from Stfite and private b^nks and
bankers
Banking-house
Other real estate
»18,453,7S»
6.667
50,000
850,000
1.484.028
1,6^6.405
87,673
5,885
52,633
1,416.914
14,000
775
1.619.923
110,000
2,030,000
Specie-ttcld coin
Gold Treasury cortlUcates
Gold OlearlnR House certificates
SPECULATION AND INVESTMENT
IN STOCKS AND SHARES
WITH A miNIIYIUin RISK.
Legal tender notes
Redemptioa fund with U.
S.
87
00
34
65
00
H4
00
00
00
493,000 00
340,703 00
Treasurer
2.2.50 00
48,000 00
<5 per cent of circalation)
Treasurer
f 86,806,069 83
Total
LIABILIXIBS.
Capital stock paid in
»2,0OO,0OO
1,000.000
Surplus fund
209.040
Undivided profits
46,000
Circulation outstanding
3,272
Dividends unpaid
Individual deposits subjeet to check.. 8,048.989
209,244
Demand certiticutcs of dopo it
287,476
Certified checks
150.000
Cashier's checks outstandin.(»
214.152
Deposits of U. S. disbars n^ otficers...
10,523,990
Due to other National banks
Due to Ptate and private ba^-ks and
bankers
3,585,795
Co.,
EXPLANATORY BOOK,
And all
kinds of
CANVAS, FELTING DUCK, CAR
COVERING, BAGGING, RAVENS DUCK, SAIL
TWINES, &C., "ONTARIO" SEAMLESS
BAGS, "AWNING STRIPES,
Also, Agents
UNITED STATES BUNTING
A full supply, all Widths and Colors, always
No. 109 Duaue Street.
Fabyan &
CO.
in stock
BROWN
58
43
Towel.:. QnHts,T'I^Iiite Goods & Hosiery
GRO. H. POTTS.
WII.WAM H. FOGG. ^ Directors.
OLIVER HOYT,
book
E. R. MUDGE,
45 WHITK STBEET,
NEW YORK.
reiiding.
No. 7
One can-
CO.,
DRAPERS GARDENS
Sniii^land.
Churchman, N.
'%
Y
THE (GREATEST LIVING
Kuch
Aiillioi'i^,
IIS Pi'ot'.
I>Iax
AiKyll,
Wm.
Hon. W. E.
Gladstone. J tiH. A. Fi'ou<le*
VvoU lluxlty. K. A. Proctor
5Kd^v»i'«l A. Fiec'Uiiin, I'rol,
Tyndiill, Dr. \V. B. Cniucnt«*i*, I'rnnccM Po«er Cobbe*
I'rofessoi* GoUlivin ^^luithr
IVIuIhi*, Kijjht
[
!
1
i
I
The Ouke
Motley,
1
BlacU,
l>lrM.
ol
i>Iisrt
Thackeray*
]>Inlock-Ci-aikj
IVIaoOonald, uih.
Geo.
<{li)ilia.nt»
Jean liisrclow', Th'"*. Hardy.
\y.H.IHaIIock,W.W. Story,
luailhcw Arnold, ituskiui
Tennyson^ Browuinsr, and many otliers, are reI
I
SAIV^YER
is
worth
liOndon E. C.
1
SFCCESSOR3 TO
&
well
"Ifs Value lucreases Every Vcar."
Export Trade.
&
Joy, Lincoln
is
W. GUTTERIDGE &
&0.
Sc CO.,
CHAUNCEY STREET,
BOSTON.
AGENTS FOB
Ocean mils Co., Atlantic Cotton mils,
Peabody Mills, Cliicopee Mfir. Co.,
EUerton New Mills, Wliile Mfg. CoSaratoga Victory MfK. Co.,
Hosiery and Varn
^mihcvB,
IT'or/d— "This
not do better than retain their services."
AND SHEETINGS,
Drillt, ifheelings, tCc, for
43
OPINIONS OF THE PRESS.
Civil Service Ga^ef/e—"The system recommended
by Mefsra. Gutteridce h Co., is easy to comprehend
and safe." Jo/ni JfuJf—"An easy and aj>parently safe
system, worthy of public confidence." Court Journal-—
" An exccHe.u way of speculatinK. ably set forth
c:.rihan--"Av nterestiug book.
This system commends Itself 88 being a very safe one," '^'ews of the
BI,EACIIED SHIRTINGS
PRINTS, DENIMS, TICKS, DUCKS,
06
minimum.
Co.,
New York, Boston, Philadelphia,
SELLING AGENTS FOR LEADING BRANDS
SKCUrtl.
TIES ahould test this system, by which large proflta
»Te realized, and the possibility of losses reduced to
8W0RN BROKERS,
00
44
00
00
55
36
46
00
Sc
pubU.s*aed, gratia
OPERATORS IN STOCK EXCHANGE
a
COTTON
Bliss,
just
and post free upon application.
COTTON S AILDUCK
00
»26,8«6,S89 88
Total
State of New York, Countyof New Yr>ik *s :
I, E. K. Wright, Cash er of the National Park
Bank, N. Y. Oily, do solemnly swear that the above
state^nent is true, to the best of rav knowledge and
belief.
[Signed]
K. K. WIllGHT, Tflshier.
Sworn to and subscribed before me this 19th day
of March, 1888.
GKOKGE S. HicliOK,
Correct— Attest
Notary Public, N. Y'. County.
<§0itt1iJcrH
&
Manufacturers and Dealers to
7,54ii 9.5
Stiver coin
Silver Treasury certificates
S.
Brinckerhoff, Turner
10
M
00
OU
74
57
£8,003 as
Premlumspaid
U.
WAxblic^timxs.
Z-iO.OOO 00
Checks and other cash items
Kxchange' for GleariUK House
Bills of other banks
Fractional currency, nickels and cents
Due from
(^ommtTccivdm&nvieis.
Jitatjemjeiits.
T>KPOKT OV THE CONDITION OF THE
XXXVI
[Vol.
ifltll'i.
'
presented in the pages of
Littell's Living Age.
TjIvino Aok has been published for nearly
forty years, and has met witli continuous commendation and success. Weekly Magazine, it gives more
The
than
Columbia
THE CITY BANK OF HOUSTON,
CAPIXAI/, $500,000,
Houston,
"Wc pivo
speclrtl
Thousands
In daily use by doctors,
lawyers, ministcrj*. editor."*, merhant.s, &c., &c. Send 3-cent stamp
Texas.
attention to
colleetions
on
'
The Pope
DlRKCTOKS.— Benjamin A.
Baldwin.
McUhenny,
B. F-
W.
B. F.
Botts, Pres't; F. A.Rice.
B. Botts, Kob't Brewster. 8. K.
Weema.
WBE MS. Ottshi er. BENJ
.
&
Thos. P. Miller
042 Waslilngton
New York
BOT TS,P res't.
A.
214
;
JCT. Walkkr
THE ABLEST LIVING WJ^STEKS
Financial Review,
Cashier.
J
(ANNUAL.)
ISS 3
Prompt attention given to alt business in our line
N. Y. CoaKESPO.VDKKTH— Uonnell, Lawsoa A Oo.
Walker, Cashier
TVlLMINGTOjr, N.
all
A YE
BICHSnCOND, VIHGINIA.
„''y"^ P- BUANCH, President.
Olesn, Cash. Fbei>. h. Scorr, V lce-1 'ros't.
BANKERS AND COMMISSION MERCHANTS.
KICH.«OM>, VIRGINIA.
Yirtflnia Bonds funded under tlxe Funding Act
passed by tho la.st Leni.slature, fa,* ^ per cent commission. New North Carolina 6 per cent bonds, secured
tw lien on the State's stuck In the North Carolina
Katlroad. for sale.
R. U. niAVRY
&
BOOK
CHAULESTOar,
CHARLESTON,
Wilmingtn, N.
Price of the Rovimv, bound in cloth,
WILLIAM
MUTUAL LIFE
«
Alaili)
•
•
1
00
00
10
B. I>AX.4
&
CO,
PUBLISHERS,
78
^t
81 AVtUiaiu Strcctj
t
Published weeklt at
postage; or for flO 50 The Living Age and any
one of the American $4 Monthlies (or Harper's
Weekl]/ or iSfizir) will be sent for a year, postpaid;
or for 19 50 THE LIVING AOE and the £e. hicholaSy
OT hipplncotVi Murdhly. Address.
%viS)xtmxtt.
- Sti
To Chronicle Subscribers) one COPS' only
by
to."— Afont
tS 00 per year, free
Investors.
l*o8t:ige (^vhen sent
C.
" The best of maffazines to subscribe
real Gazette.
Bankers,
Stock Brokers,
Merchants,
8. C.
ATHpuriOS OirXN 10 COLLICTIONS.
a necessity as ever."— IHie Advance,
can, PiiiltiUclphi'i.
" The great eclectic of the world, "--Worwrnj; Star
EBJfK.STlI. PKINaLE,C(l»b
NATIOKAL BANKING ASSOCIATION,
if SFBOAIi
\
FOR
CO.,
Buy and sell Government. State, Municipal and
Railroad Bonds and Stocks. &o. Viririnia State TarKecelvable Coupons bought acd sold. All orJors
promptly attended to.
Now York Correspondent, VHRMILYK k CO.
•.
_~^.^
BANK OF
>
INFORMATION
FINAHGIAL
STOCK BKOKKaS,
RICHMOND, VIRGINIA,
WM.C.COtJKTNKT.Pres.
[
1
parts of the United States
CoUMtlons made on nil Southern points on best
terms; prompt returns.
F.
"As much
OF
C.
MERCHANTS' NATIONAL BANK,
John
G'Uttte.
Chicaift.
" It aSf.)rds
llant?.
A. K.
n all branches of Literature, Science, Politics and
Art.
"In It we find the best productions of tho beat
writer.* up m all subjects ready to our hand."
PhUn. Enquirer.
"It is indispensable in every housfliold where
anv atten.-pt is made to keep up witli the current
lhou«ht ot the d&Y."—Uartford Cournnt.
"As much in the *orefront of tclociic publics
tions ai at its start, forty years ako."— Cincinnati
the best, the chei»pest, and moat co»venient means of keepinx abreast- with the progress of thouuht in all Iia pha.svi\"~-yorth Ameri-
National Bank,
OoUectlons made on
It is therefore invaluable to every American
reader, as the only satisfactorily fresh and COM1'IjETE compilation of an iudispentubie current
literature,— indispensable because It embraces the
productions of
IHE
LITTF.E ROt K, AHK.
CAPITAL (I'lilil-iu)
SrS.UOi)
-.j^.OdU
SURPLUS, ... .
First
K JUtr St,. NEL\KTnTHn Ave
double-column octavo pages of reading matter yearly. It presents in an Inexpensive form. considerlnK
Its great amount of matter, with freshness, owing
to its weekly Issue, and with a satisfactory com
pleteuess attempted by no other pnbliciition, the
best Essays, Reviews, Criticisms, Serial and Short
Stories, Sketches of Travel and Discovery, Poetry,
ScientiHc. Biographical. Ilistorical and Political Information, from the entire body of ForoiRn Periodical Literature.
German Bank,
K. B. BnBnuss, Pres't.
St., BOSTON, Mass.
Riding School,
l»uhncatlons.
Special attention paid to coJlections, with prompt
remlttanc»s at cnrrent rates of exchatiKe on day of
payment. Buy and sell State of Alabama and "City
of Mobile Bonds.
Correspondents.— Bank of the Ptate of Xew York.
New York: Ijouisiana National Bank. New Orleans
Bank of Liverpool. Limited, Liverpool.
%nd thH Mtitropohtan National
Mfff. Co.,
Co.,
BANKERS,
7ieiSII.E, AliABAiflA.
C. F. Fenzkl, J STATE BANK,
President.
(Incorpori?ted 1875.
36-page
elegantly Illustrated
catalogue to
for
all
accessible points.
CO.
THREE AND A QUARTER THOUSAND
Bicycles.
New Tork.
INSURANCE COMPANY
OF NEW YORK.
F. S, "tVINSTON, l»rosiclont.
ISSUES EVERY DESCRIFTIOS OF
LIFE d: ENDOWMENT POLICIES
Rates Lower than other Companies.
ORGANIZED APRIL
KITH, lSi2.
ASSETS. $95,000
000.
March
24, 18t8.j
Jiisuvaucc.
ji>tcatiisUipB.
orrrcE op the
ONLY
rremiumg on Marine Rlektfrom
let January, 1882, to Slst De-
$4,412,693 58
Premiums on Pollolea not marked
oirist January, 1882
1,516,844 83
Total Marine Premitims
$5,929,538 43
PremtiuuB mai-ked oS from 1st
January, 1882, to Slst December, 1882
$4,390,305 90
during'
CA.NADA.
Kraniioul
Wed., April 11,8 A. M.
NOUUANDIig(neiip), Serraa
Wed.,Mnras
PBIOT OF PAsaAOB-OnolDdlnc wine): To Hnrrerirat oabin, (100 and tSOi seoond oabtn, tMj xieorKe, fSIV-lncludlnii irlne, beddinc and ntauUa. Uetum tickets at very roduoed rata*. Checks od Bni'iiue
TnuiNitlnntlquo, 1 iurre and Paris, In amoonta to auit.
Special Train
from HaTre
to Paris,
The Compoonle (ionerale Transatlantlquo dullvera
at Its offloe In New York speolal train tickets from
Havre to Paris. Baxgase chocked through to Part*
without examination at Havre, provided passengen
have the same delivered at the Company's Dook In
New York, Pier 43 North Klver, foot of Morton 8U
at least two hours before the departure of a steamer
Wh.MOHII.
II.
W.IIAXIMAWII. CLCMBIiruCtMa
Mohr, Hanemann
PBARL
128
New
New
York.
Orleans, La.
OlVEM TO THE EXBOmMI
OUDEBS FOR FUTURE CONTBAOn.
Bl'KCIAL ATTEHTIOIf
OF
&
H. Tileston
Co.,
COTTON, STOCKS, BONDS, *e.,
pttsccUaueotis.
$2,013,767 35
& Co.,
I8« ORATIKR«T,i4
ST.,
No, H Itoivllut; fireen.
of
Premiums and Ex-
Bullard
$823,304 60
The Company has the following Assets,
Onlted States and State of New
York Stock,
WILLIAM BTRKBT, NBW YORK.
as
BAOOINO
Bank and
City,
Bunk
364,923 85
Amount
SIX PER CENT INTEREST on the ontatanding certltlcates of profits will be paid to the
holders thereof, or their legal representatives,
on and after Tuesdajithe Sixth ol February
next.
tbetlme of payment and canceled.
A DIVIDEND OP FORTY PER CENT
Is
the Board,
B.
BAGGING.
8T. LOUIS, Mo.
Hmtretarr.
TKUSTEESi
Curtis,
Charles B. Russell,
George W. Lane,
Edwin D. Morgan,
Special attention given to the pnrohaae and mi$ ef
contracts for future dellverr on the Cotton and Piel
nee Exchangee.
(Cotton.
97
B.F.BABCOCK&CO.
COMMISSION MERCHANTS,
LIVBKPOOIi,
IT IVater Street,
Receive conslgaments of C Jtton and other Prodace
execute orders at the Exchanges In Liverpool,
Represented In New York at the offlcc of
BABCOCK BKOTUKUS * CO.,
SO WA.U. OTKMMt.
.
B.
QWATHHir.
J. O.
Gwathmey &
BLOS8.
Bloss,
Mew
No. 133 Pearl Street,
James G. De Forent.
Samuel WiUetts,
Bei^amin H. Field,
Jjslah O. Low,
WlUiara £. Dodge,
Royal Phelps,
Thomas F. Youngs,
O. A. Hand,
John D. Hewlett,
WUUara H. Webb,
Charles D. Leveriob,
William Bryoe,
William H. Fogg,
B, Ooddlngton
Horace K. Thnrber,
William Degroot,
PBARL ANU flOSTONB 8TBBBTB, NIW T<HUt
-
FtJTUM " OKDIBS PROWPTLT BXJBODTD.
Robert TannahillSc Co.,
Cotton Commission Merchants,
CMIon Exchange Balldlng,
NEW
TOKK.
Special attention given to the purchase aad sal. of
York.
Gwynn,
Hoffmann,
F.
COTTON BROKER AND AGBNT,
88 RUB DE LA BOVRSB, HAVRB.
James F. Wenman & Co.,
COTTON BBOKSRS,
Nn. 146 Pearl Street, near ITall, N. S.
&
18
Parisot
K«W
Rountree
&
No. 12
Co.,
OLD SLIP,
NEW TORK,
^Special attention given to the execution o^
orders fur the pnridiaae and sale of Oitton for Imate
delivery. Liberal advance* made on consUatmenta.
Charlea P. Bnrdett.
JOHN D. JONES, President.
CBARLES DENNIS, Vice President,
W. H. H. MOORE, 2d Vice-President
'"•
pwchaM Cotton In our market Mlldted.
Mmus. WOOUWABD A STILLMAit
Order. U>
Rater to
Ne'» Ynr*.
Wm.
&
Co.,
COTTON BROKEBS,
llf Pearl Htreet,
New
Orders for Bpot Cotton and
executed.
Vork.
Fatnrea pronptiT
Felix Alexander,
COTTON tiUOKEK,
AVOOSTA, «JfS4*HOIA
anare attention (Iven
iiUDBlt for
Dennis Perkins
Campbell,
VICKSBDRH, HISS.
TOBK,
COTTON COMMISSION MERCHANTS
Cor. Water Street,
&
Cotton Paetora,
Ej(ohaoi.e Plaee.
And NORFOLK, VA.
Klker,
N. Denton Smltb,
"«* v.o,^r'«i|.T«>ii^
&
P08T Bxrihoma.
Thomas
.
Tainter,
Putar. Contracu.
COMMISSION MBRCHANIV
1«
A. A. Raven,
t
&
Waldron
Batabllshad (In Tontine Building) 1844.
Wm. Sturgls,
AAV WTV
Baily,
COTTON FAOTOBS
AND COHMIS8TON MEKCHANTt,
Cotton and Petroleum Merchants,
COTTON FA«rrOK»
Bobi. B. Mlntnru.
Charles H. MarsbaU.
John
CHESTNUT STREET;
PHII.ADBI.raiA.
No. 116
dealers solltlted.
Fielding
Horace Gray,
Edmund W. Corllee,
John Elliott,
Adolph Lemoyue,
James Xk>w,
David Lane,
Gordon W. Bnmham.
CO..
COTTON COMMISSION MERCHANTS,
No. 89 Pearl Street, Neiar Tortu
Manafaotnrera' Ageuts for tbs sale of Jnt« Baggtng. rnmUh covering anniiallT (or one-afth of tk«
entire Cotton Oop.
Correspondence from lartf*
Speoial attention given to the ezeoatton of orders
for the purchase and sale of oontracts for future
deltrerr in New York and lilverpool.
Charles Dennis,
W. H. H. Moore,
ucoaaaoBiio
CLAOHOBN HKKBINa *
Cumming &
GRATK
A,
1
Kdward H. Coates& Co.
"
WARREN, JONES
Stock, Cotton and Prodaee
Pntnree" executed at N. Y. Cotton
**
COTTON MERCHANTS,
CHAPMAN.
J. D. Jonea,
Orders In
ud
declared on the net earned premiums of the
Company, for the year ending Slst December.
1882 , for which oertifioates will be Issued on
and after Tuesday, the First of May next.
J.
NBW YORK.
AJVD IRON TIES,
Agents for the followlna: brands of Jute BaoKtiig
Ba«IeMUl8,""BrooklynClty.""Ueorgla,""
Ba«IeMUl8,""BrookljrnClty.""Ueorgla,""<5i»oUn«.'
"
'Nevlns
'NoTlnsO,""Unwiirtt«r.''"Saien
_0,,"_ "JJnwB rttar." "Sajem," •'Horleon Mills
*Jereey Mills" and "Dover Mills.'
1MP0RTBU8 OF IRON TIKS.
of
the Issue of 1378 will be redeemed and paid to
the holders thereof, or their legal representittlvea. on and after Tuesday, tlic Sixth i;f i"eb
ruary next, from which data all Interest tliereon
will cease. Tlie certificates to be produced at
By order of
Wheeler,
(FOR BALING COTTON.)
$13,171,675 02
THE OUTSTANDING CERTIFICATES
&
119 niAIDEN LANB,
rlx.:
other Stocks
$8,974,558 00
Loans secured by Stocks and
otherwise
1,575,500 00
Beal Estate and Claims due the
Comi)any, estimated at
581,118 16
Premium Notes and Bills Receivable
1,725,575 02
Lewis
Jemigon, Uroee * Co., GalTMtoB, T«xaH
LOVIS DB BEBIAN, AKent,
the same
penses
In
Traveleni by this line uTold both truatt by RnglUb
lUllwitjr and tlio (llsouniforta of onmtiiK the Channel
Id a sniMll boat.
Collier
We<L. March W, B A. M.
Bantelll
Wed., April *, SI'.M.
Member! of
Betums
Cash
OENERAL TBAnITaTLANTIC CO.
COTTON COMMISSION MERCHAWT8,
Between NBW VORK and HAVRB,
No. 10 Old Slip, New York.
rrom Pier (now) 41 North Klver, foot of Morton St.
LAHKADOK.
AMKKIOUB,
1883.
The Trusteeii, In oonfnmilty to the Charter of
tbe Company, submit the tollowlng Statement
of Its iitfalrs on tliti Utst December, 1882:
o«mber, 1882
Jemison & Co.,
e A N K BB
S.
France.
AXI>
Mutual Insurance Co.,
NEW YOKK. January 25,
(Cotton.
E.
Direct Line to
ATLANTIC
I/MSM paid
penoa
THE CHRONICLK
^
to
purcoue of OOTTOS
T<i
sriNNBRS aad KXPUKTBUa
ComaavoKDairoB Souomm,
Kelerenees :— NaUoul Uaa. of A^RSta, OeeiiM,
Benrr Beatx * Co., ConmlsMoa MerehaaU, It.*
y.r> WUUam B. Dana* Co, Pn9itton0oHMt»;
ot«:
xirn
Tork lloj*
Itth.iwtt.i
«.
ri.o.n.iia, .ad aU>«r
Mew
:
THE CHKONICLE.
®0tt0tt.
&
Woodward
&
>
Stillman,
INMAN,SWANN&Co
8 Exckange Place
AASS ON ACCEPTABLE
ffaih
SBVtXL
SECDKITIBS.
COTTON MERCHANTS^
COTTON EXCHANa?
BXJILDINO
New
r
Yoili.
DEPOSITS HKCEIVBD-subJeottocheokat sUht
LOANS MADE ON
SOVTHEKK
!»E<^URITItS.
COTTON
OILUAT SCHBOEDBi
&
Schroeder,
Pearl Street,
New
GEO.
COMMISSION MERCHANTS.
STABER,
ALBERT KROHN,
54
<
STONE STREET, NEWT YORK.
HOPKUfg. LUdCrS HOPKIKS SMITH.
Strictly Brokerage
Exobanse
Place,
MiV\
HK
Vi
Special attention Klven to the Purchase and Sals
of f'ontraots for future delivery of Cotton.
%us\xvmice.
Ignments.
C.
18
08T B0ILD1NQ,
COTTON
tot the paroha«e or sale of contracts for futere do-
Utott of cotton. Liberal advance* made on con-
&
No8. 16
Special.
York.
Special attention paid to the ezeoutlon of orde t
fiDBTATUS
nan
sTCo.,
P. Billups
J.
COTTON COMMISSION MERCHANT^
in
INVEBTMKNTB
COUNTRY BANKERS.
Special attention paid to
acconntsof
OFFXBXD on TjIRMa TO SUIT.
Ware
V.
,9L''"".''J'"'r'"'
Chapel Ht., .\*»w ".
Haven
—with Interest upon balances.
roR Fdtdr
HUTBT H. Wash.
Sons,
Personal attention given at the EXCHAN J
the purchase and sale of STOCKS and BONDS for
cash or on marsln.
TO Obdebs fob Coktbaots
Dbhtket of Cotto».
COTTON, ALL SRADBS, SUITABLE TO WANTS
OF SPINNERS,
BRANCH OFriCK8JJ2«
»»*i
(
Advanea Made on Oormignments.
Amir T ON
W. T. Hatch &
BANKEBS,
14 NASSAU STREET, NEW YORK.
NEW YORK.
liOAMS
24, 1888.
®0ttOtI.
MBRCHAJN'TS,
F«8t Building, 16
[March
HOME
and Commission.
Charles D. mtt.t.»ti-
Insurance Company
Hopkins, D wight & Co.,
Henry Hentz & Co.,
OF NEW YOBK,
C O T T O »I
COMMISSION MERCHANTS,
OFFICE, 119 BROADWAY.
con MISSION MERCHANTS,
8 Sontb 'William St., New York.
No. 134
PEARI. STBEKT,
NEW YORK.
at the
Obdibs for Future Contracts Executed in
New York and
Litebpool.
Sawyer, Wallace
&
Uberal advances made on cotton consignments.
Special attention given to orders for contracts for
New York and LlverpooL
Geo. Brennecke
&
Co.,
COTTON BROKERS,
New
No. 110 Pearl Street,
NBW
COTTOW
LEANS COTTON EXCHANGES.
K^ork.
at the
Lbhuan, Abraham & Co.,
New Orleans, La.
Special attention given to the purchase and sale
of contracts for future delh ery.
&
Co..
COJ,
COTTON COMMISSION MERCHANTS,
N«. 18 irilllam Street, New York.
8BLMA, ALA., Phienix Buiujino.
ALA., MottBIB BANK BniLDlAO
Ofden for Future Contracts Executed In New ?orA
MONTGOMHRY,
William H. Beede^& Co.
COTTON BROKERS,
No 114 PBAKL STREET.
\<
AUBEN EWEN, Jr.
Bpecl&l attention given to ordere for the buTtnc
John M. Ewen.
Ewen
Brothers,
COTTON BROKERS,
Nos. 31
&
NEW YORK.
JOHN
H. «'I.I$HY
Pi-fRCHABE
ONLT ON
ORI>KRH,
Wire R
New
York.
JAS. A. AI^EXANDEK, Asent.
P-
NEW YORK.
North
&
lo]«dona:niD eoinbijrch.
NJEW YORK:
4 r.,MMI^»"'
o pe
ASTOK, Esq.
E.
MASON &
48 BroAa-way,
.
Office,
P.
BLAGDENt
S4 IVlUlam
YorUm
St.,
New York.
U ont^nercial
LJnion Ins. C
o.
(OF LONDOW),
ALFRED
PELL,
JUtUUnt Manager,
manu-
CO.,
Neiir
WHITE, SAM.
MANAOERS,
for Mining purposes
factured to order,
\r,
Co.
United States Board of Management,
FLAT
JOHN
Ins.
OF
STEKL AND IRON ROPBS
_
British
Mercantile
CHAS.
Inclined Planes, Transmisjsion of Power, 4a
AUo,
nOalvanized Charcoal and BB
Bfor Ships' Rl^ng, SuapenIslon Bridges, Derriok Guys,
I Ferry Hopes, Ac.
A large
stock constantly on hand
from which any desired
lengths are cut.
Co.,
bb(;£j;rs,
8IKEET.
St.,
,
L
COTTOi!)
$3,193,182 1»
a Courtlandt
J. J.
STKEL AND CHARCOAL
LRON of superior qualitj
suitable for MINING AND
HOISTING PURPOSES,
COVTON BROKt:RS,
BEAVER STREET, NEW VOHK.
136 PEAR'l,
NET SURPLUS
.
V\i
^k.
COTTON BUYERS.
MONTCJOMEKV. AI.A.
WALTER & KROHN^
&
1,961,428 46
4,000,000 00
Solos Humphkets. Ch'i'n. (E. D Murnan &0o.)
David Oows, Esij. (Davnil Diiws & Co.)
E. e. Fabbri, Esq. IJrexel. Morgan A. Co.)
Hoir.
B. Chittkndkn.
Ezra White, Hkh.
33 Broad Street,
•ndaeUlngof Cotton fob Future SEuvEBr.
Geo. Copeland
$9,054,610 98
for
Capital
fio.
Orders executed at the Cotton Ezchaoges In New
York and Liverpool and advances made on Cottoc
and other produce consigned to us, or to our oorre
spondents In Liverpool, Messrs. B. Newiiass A Cc
and Messrs. L Rosenheim A Sons
and LlverpooL
<8
1, 1883
unpaid losses
and re-Insurance fund
Liabilities
Nevr York.
Co.,
COTTON COMMISSION MEBCHANT8,
97 Pearl St., New York.
WATERS &
OF HARTFORD.
Assets January
WAI,KXB STBKK.
41
t7,808.4S9 07
Company
Insurance
COnnUSSION ntEROHANTS,
EXCHANGE PLACE,
$3,000,000 0«
2,1 1 6,833 00
317.996 01
1,774,061 0%
yETNA
Lehman, Dubb ft Co
LEHMAN BRO'S,
Cotton Factor^
AND
1883
1,
.
CHAS. J. MARTIN, President.
J. H. TTASHBURN, Secretarj.
Montgemery, Ala.
UP-TOWK OFFICE, Nag. 38 A
Hyman &
(Snccessora to R. M.
Cash Assets, January
Also orders for
Gliuigow.
Messrs. Smith, Edwards & Co., Cotton Brokers,
Liverpool.
Messrs. Flnlay, Mulr & Co.. Calcutta and Bombay.
Messrs. Samuel H. Buck & Co., New Orleans.
NOBFOLK, VA,
John C. Graham
Reserve for Unearned Premiums
Reserve for Unpaid Losses and Claims
Net Surplus
NEW YORK COFFEE BXCHANOB.
No. 40
Dancy,
CASH CAPITAL
COKKESPONBENM
Messrs. James FInlay A Co., Liverpool, London and
ruTUBB CONTBACTS A SPICIALTT.
HYMANS & DANOY,
NEW OR-
YORK, LIVERPOOL AND
COFFEE
Co.,
COMMISSION MERCHANTS,
No. 47 BBOADTTAT.
fatnie deUverr of cotton In
EXECUTE ORDERS FOR FUTURE DELIVERY
37
^
39 ^^^^
Street.
@FedFRASER