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HUNT'S
MERCHANTS’
I
Huntsppn,
BEPRESEXPING THE INDUSTRIAL AND
VOL. 46.
MAGAZINE,
COMMERCIAL INTERESTS OF THE
THE
267
The Financial Situation
268
Congress and our Finances
270
Private ownership of Rolling
271
& Altou
Week Eliding Feb.
State¬
272
ment
Commercial and Miscellaneous
News
276
New York
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<
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495,390,800 !
1888.
$
527,254,063
-8’9
P. Cent.
-17-3
{
(Stocks
Hartford
New Ilaven
Portland
Worcester
3?lxje Chronicle.
For One Year (including postage)
For Six Months
do.
Week End'g Feb. IS-.
|
P. Cent
1887.
1888.
Imports and Exports for Jan¬
uary
273
Review of Prices in February.. 274
U. S. Treasury Statement
274
and
Commercial
Monetary
English News
274
Providenre
Terms of
j
25.
r
CHRONICLE.
Clearing House Returns
Six Mos.
NO. 1,184.
SATURDAY, MARCH 3, 1888.
CONTENTS.
Stock
The Chicago
UNITED STATES*
Pittsburg
Total Middle
Chicago
Cincinnati
Milwaukee
Detroit
Indianapolis
Cleveland
Columbus
Peoria
Omaha
Minneapolis
Denver
St. Paul
Grand Rapids
Wichita
'..
Duluth*
(006,027)
(433,500)
(21,005,100)
(26,720,000) I
68,991,888
4,172,50(1
1,553,709
1,035.h5o
762,352
828,807
958,082
584,1 72
71,659,728
4,211,luC
78,887,375
8
61,240,577
10,274,919
9,763,890
54,928,955 1
-6-7
8,101,890
12,432,043
4-26-8
—21-51
71,279,392
75,403,497
-55
49,135,085
8,403,400
3,747,'<A3
3,800.419
1,021,288
2,814,100
1,972,235
1,245.297
2,489.201
2.729,325
2.154,355
2.931,50«
42,751,757
ID, 105,050
4-14-9
-16-8
4-10-0
4 29 5
4 22-4
-t-7'2
4-10-2
4-5T5
425 3
503.320
010.020
-j-0'7 ,
-f30-2 i
705,122
800,8(58
4-17-5
4-18-7 i
477,081
4-22-4
-2'5 !
>,934,093
)
t
3,230.480
2,934.838
1,324,877
2,024,40.3
1,697,405
822,115
1,987,048
2,167,228
1,707.554
2,808,506
400,054
4-25 9i
4-26-21
44-4
4-24-0
1,529,133
-00*8
(-54)
1,706,207
1,097,583
827,285
915.708
1,068,820
721,8.9
!
j
(25,020,000)
+0-3+6-1
5,013,000
585.551
970,560
(—54 "2)
(+25-3)
(-23-3)
82.054,916
—0-9
4 2'3
1,51>;083
;335,400)
(30,094,085)
(708,500)
-3-7 !
934,994
240,300
>peka*
i
(1,392,7331 (-52-2
(334,700) i (+29-5
(33,643,500) (-373
(35,190,(j0(.» -(24-1
j
—1-1
4 53
—2"5
+ 15-7
136 6
+30-9
94,005,378
+ 1-2
56,169.292
-2-2
.
10.294.258
10,781,875
—8'7
77,545,425
-10
5',943,046
9,642.350
3,952.473
3,880,628
1,830,466
2,S:-!8,771
2,154,619
+ 14-4
+10-5
447-4
1.372,60,
2,981,580
2,191,259
2.300,459
3,828.729
+7-8
-
18-8
-8-8
+ 31*1
+42-2
132*5
+ 90
+31-3
—3 7
558,897
+40 9
681,078
1,019,037
230,547
-54'8
Although the bank exchanges for the week ending pebrua.
Total Western
76,090,538
+5*1
84,140,912
4-10-0
90,457,051
25th record a heavy decline from those for the previous 3t. Louis
17,267,577
15.070,914
+8-5
10,730,447
+ 11-0
-4- 7‘3
1,035,185
1,325,934
+13 8
Joseph
1,111,017
week, the falling off is the .result entirely of the loss of one St.
New Orleans
9,405.745
7,72(5,338
+2-1
8.920,918
+ 15 5
Louisville.
4,272,275
4,022,139
+109
5,900.218
+8 2
day’s business through the occurrence, on Wednesday, of the Kansas City
-11-8
—9-8
6,774.600
6,930,308
0,109,995
-11-2
2,370,385
+24
2,061,850
Memphis
2,434.001
Washington's Birthday holiday. The dealings in shares on Galveston
939.771
—150
—229
785,955
724,391
1
the New York Stock Exchange for the five days were hut lit¬ Norfolk
+ 4-7
788,389
919,272
798,670
tle below the total for the previous week, and at Boston the
Total Southern
38,983,953
+ 23
+ 6*o j
41,602,919
41,452,238
transactions show an increase over the previous week, not¬ San Francisco
10,958,347
17,066,057
+57-'3
13,074,098
+19*5!
—4-81 S50.932.C93 -104
Total all
withstanding the less number of days included. Speculation
740,354,823 717,807,2514
4 2*;" i
4-3^8
323,» 77,430
288,840,0,51 282.416,428.
generally, however, is quite dull, especially in railroad prop¬ Outside New York
erties.
Other influences which are adversely affecting bueiNot included in totals.
ness, and consequently acting to diminish the volume of
The returns of exchanges for the five days, as received by
clearings, are the railroad rate wars, which no efforts have as
telegraph this evening, are given below. Contrasted with
yet been successful in settling, and the uncertainty as to what the five
days of 1887 the total for the seven cities records a
action Congress will take in regard to the tariff and the Treas¬
decline of 21*1 per cent. Our estimate for the full week ended
ury surplus.
March 3 indicates a decrease from a year ago of about 16*6
Instituting comparison with the similar week of 1887,
per cent.
Messrs. R. G. Dun & Co. report the number of
which also embraced only five business days, we find that
failures for the week ended to-night as 244 (202 in the United
there is a decrease in the total for all the cities of 4*8 per cent,
States and 42 in Canada), against 270 last week and 229 for
but that the aggregate outside of New York exhibits an ex¬
same time a year ago.
cess of 2‘8 per cent.
The most imporlant losses from a year
ago are at Wichita, G0*8 per cent; Galveston, 22*9; Baltimore,
Week Ending March 3.
Week, End'g Feb. 25,
21*5; Cincinnati, 16 8; Kansas City, 9 8; and New York, 8*9 Returns by Telegraph.
P. Cent.
P. Cent.
188S.
1887.
1888,
per cent.
In percentage of gain Peoria leads with 51*5 per
*
*
*
cent, and is followed by Portland, 30*2; Detroit, 29*5; Pitts¬
—25 0
-4-e
New York,
453,801,904
591,601,148
374,384,578
burgh, 26*8; Denver, 26f2; Minneapolis, 25*9; and Omaha, 25*3 Sales of Stock (shares)....
(1,381,236) (-499)
(522,344) (-50 0)
(692,074:)
66.681.199 )
-13-8
77.351.479
-3-7
50,238,096
per cent.
Contrasted with the corresponding week of 1886, Boston
-28*1
-74
42,034,011
01,358,720
Philadelphia
44,132,032
the current total records a decline of about eight and three-19 4
Baltimore,
8,003,488
10,097,055,1 11,970,097 —15-0
ry
*
1
:
quarters per cent.
week embrace
Exchange the operations for the
market value of
$37,212,000, against $68,872,000 for the similar period a year ago. Pursuing our usual
method of deducting two-and-a-half times these values from
the New York totals, leaves as the
exchanges arising through
other business $359,484,278 and
$323,210,806 respectively in the
two years, or an increase of 10*9
per cent.
a
45,329,000
49.735.000
-S-0
13 998 112
—37
40,777.000
14,027,075
8,738,190
14,530,359
8,187,203
+6*7
6,035,051
Total, 5 days
012,838,758
814,794,912
-21-1
542 100.490
-32
Estimated 1 day
133,102,407
146,301,027
-9C
114,102,422
-18-4
775,941,225
106,992,104
901,095,289
-i9-a!
056,202,921
-0-3
Chicago
On the New York Stock
New Orleans
Total full week...
Balance Country*
Total week, all
•
.
07,232,809
882,933,329 1.0? 8.328,748
For the lull wee*, based oc last
+io
o;
—16*6
raUJins*
+16-3
+11-1
+ 9-0
84,151,402
+8*1
7 10.354.323
-4-8
THE
268
CHRONICLE.
[v0l. xk?t.
Government.
believed to
The world is
have
outwardly given any very
conditions this week, and
yet the tendency is obviously upwards. As represented
by bankers’ balances the improvement 'is hardly observ¬
able ; to be sure the rate went up to 5 per cent on Thursday, but it was a manipulated advance, and very few
loans were made at that figure, though there were more
effected at 4 per cent, this little flurry leaving the extremes
for the week 5 and 2 per cent^and making the average 2£
per cent. As to the banks and trust companies, they have
obtained 3£ to 4 per cent on all the money they have put
out on call.
For time loans on prime collateral the quota¬
tion is now 4-J- per cent for from sixty to ninety days, and
4£@5 per cent for from four to six months; on good mixed
security with liberal margins the rates are fraction*
ally higher than those above quoted for the same periods.
The business done in this class o f loans is by a few trust
and insurance companies in this city and by out-of-town
institutions, but none of our city banks are doing that
business so far as we can learn; they all report a good
demand for money from their customers for all they care
to put out.
For commercial paper there is only a limited
demand, principally confined to country buyers. The
developed
Poland was torn in pieces
but the belief will be proved a mere fiction if that
little struggling power is bound and delivered over
by a combination of European States to the tender mer¬
cies of the northern bear; in such a contingency the work
of saving it would be a crusade worth joining.
The cable
also reports the continuance of the discount rate in London
for sixty day to three months’ bank bills at 2 per cent;
at Paris the rate is 2£ per cent, while at Berlin it is If
per cent and at Frankfort If per cent.
Most likely the
rise on the Continent is due in part to the flurry at St.
Petersburg. The Bank of England gained £394,000 bul¬
lion during the week, made up, as we are informed by a
private cable to us, by an import, in part from Australia,
of £279,000 and by receipts from the interior of Great
Britain of £166,000, decreased by an export to various
points of £51,000.
Our foreign exchange market has this week been firm
at an advance of half a cent per pound sterling, some
drawers having posted rates a half cent still higher, or one
cent above those ruling last week.
The demand has been
reinforced by remittances required for the sales of stocks
on European account, while the supply is light; there is
an
especial scarcity of commercial bills, since not only
supply is
is
THE FINANCIAL SITUATION.
The money market has not
marked evidence of changing
because
on
the
large amount of
paper
was
thrown upon the
market by people
who had
been
holding it for better rates, and
who needed money to discount bills dated on the
The rates are 4f @5£ per cent for
first of the month.
sixty to ninety day endorsed bills receivable, 5@5£ for four
months acceptances and 6 to 7 per cent for good single
names having from four to six months to tud.
As to the
future of money the tendency must be upwards so long as
the prospect of gold shipments is before us, and the
Treasury is compelled to put its current accumulations
into its own vaults; obviously as rates go up, this latter
course, now a necessity, as we explain below, may be
changed, and the surplus be put, in part at least, into
banks again, since banks will, with higher rates ruling,
be more willing to take the deposits offered. The passage
by the House of the bill authorizing the Secretary to
use his surplus in purchasing bonds, is a first
step towards
supplying a relief in the case of an emergency. We have
remarked upon this legislation in a subsequent article.
While the principal European markets have been with¬
out special feature this week, the cable reports a panic in
St. Petersburg on Tuesday due ostensibly to the failure
of a banking firm coupled with a fall in Russian paper
roubles to 163, the lowest price on record.
That figure
163 means the value in German marks of 100 roubles;
as the
exchange value of the mark here was about 23f
cents, the worth of the paper rouble in our money on
that day would be a little under 39 cents and the London
value about 19d.
Very likely what precipitated the crisis
was the report that Russia had failed to
negotiate a loan
which
has
it
been
so
eagerly seeking in every
European market.
These
the
events
must for
present at least have put a check in Russia on
all efforts towards
reaching gold payments which
we referred to last week.
They ought also to make
the nation less belligerent.
On this point it is gratifying
to see it reported that Great
Britain in her reply
to Russian proposals concerning Bulgarian affairs, has
declared her inability to advise any steps
leading to the
removal of Prince Ferdinand before satisfactory measures
are proposed to settle
Bulgaria’s future after his removal.
That ought to be the ultimatum of every
European
first
of
more liberal this week,
March a comparatively
morally since the last
the
trade
this
at
period of the year
naturally against us, but we are this spring inclined
to hold
on
not only to our breadstuffs,
but with
more reason to the remnant of our cotton crop.
With
movement
such conditions
as
to the merchandise movement and with
confidence in American securities for the
moment
unset¬
tled
by reason of the strikes which have taken place, by
cuttings in the West and the speculative stagna¬
tion here, it is not surprising that there should have
been a decided advance in rates and a strong exchange
market.
Nothing has prevented higher figures but the
loans which have been placed in Europe and not yet fully
drawn against.
The presumption is that unless the con¬
ditions speedily improve exchange will further advance
and gold shipments will become necessary.
Some indica.
tion of the state of current foreign trade movements may
be gathered from the figures for January which have
been issued this week.
We give below the totals for that
the rate
month for
Beven
years.
FOREIGN' TRADE MOVEMENT
OF THE UNITED
Gold.
Merchandise.
Excess
Year.
Exports.
Ex¬
ports.
Im¬
ports.
$
56,950
7,965
$
1,134
SO.330
56,971 23,409
73,990
54,311
Silver.
Excess
Ex¬
04,921
ports.
Ex¬
of
ports.
Imports.
Im¬
Excess
of Ex¬
ports.
ports.
* \
1,032
$
2,182
%
102
534
$
1,648
1,310
31
1,276
2.518
895
1.023
19,679
525
154
371
2,31.4
1,103
1,151
80,533
4*2,221 38,312
2,075
1,446
629
2,229
1,093
1,136
57,988
47,415 10,573
1,706
2,582
*876
2.U07
1,023
1,834
71,534
51,951
19,583
3,536
629
2,907
1,910
1,194
722
63,055
58,488
4,507
395
624
+229!
2,238
1,190
1,043
*
1552.
Jan....
| Imports.
of
STATES— (000s Omitted.)
1553.
$
<
.
Jan....
1884.
Jan....
!
■
lSS-l. |
Jan....
1880.
Jan....'
1887.
Jan....
1888.
Jan....
*
Excess of exports.
It will be noticed that
our
million dollars smaller than it
merchandise balance is 15
last year,
and in fact it
is the smallest total of any January in our record.
The changes in the public debt, in the revenue receipts,
and in the conditions of the Treasury as to currency hold¬
ings &c., have been made public with the first of the
was
month but have attracted less notice than usual
of the appearance at the same time of
of the Ways and Means Committee.
full of interest and
come
as
a
on
account
the tariff measure
They are, however,
reminder of the absolute
necessity which exists for a sharp, incisive revision of our
March
entire
THE CHRONICLE.
3, 1888.1
system; furthermore, they remind us, that
if we do not also hasten in this matter, a supplementary
act will be needed, before the
present measure will go into
effect, to keep pace with the increasing surplus. We give
our usual monthly statement of
receipts and expenditures
in a subsequent column, and it is only necessary to say
revenue
here that the
dollars
more
the first of
revenue
than it
the
was
past month
the
same
was
about l-J million
month of 1887 and since
July has been about 13£ millions
more than for
period the previous fiscal year, whereas the expen¬
ditures have during the same eight months been about 8
million dollars less, making the increase in
surplus up to
this time compared with the same months of the
previous
fiscal year over 21 million dollars. As a
consequence of these
conditions, the Treasury accumulations of currency have
increased again, as may be seen from the following state¬
ment compiled in our usual form.
the
same
TJ. S.Treasurer's
net
July 1,
1880.
1887.
Jan. 1,
1888.
February 1,
1888.
March 1,
1888.
-
Gold
1156,793,749 $180,875,609 $208,008,130 $202,955,184 $212,809,914
Silver.
96,229,539
73,348,425
45,294,753
48,156,850
47,150,904
U. S. Notes
22,868,317
20,013,797
15,424,425
18,015,409
22,207,087
Bank Notes....
149,014
197,040
164,093
90,714
132,700
Frac’nal Silver*
29,282,496
27,094,192
24,383,290
25,133.590
25,521,289
In Sub-Tr’sur’s
$305,323,115 $807,529,129 $293,874,691 $.94,357,807 $307,941,954
In deposl'y Bks
14,435,199
22,991,302
52,199,918
59,372,908
01,540,009
Grand total.... $319,758,314 $330,520,431 $340,074,609 $353,730,775 $309,487,903
*
Including minor coin.
Note.—Trade dollar bullion, of which the Treasury now holds $6,049,023, we take no account of, as silver bullion is not currency, and works
no change in the volume of the
circulation, whether it is in or out of
the Treasury. We include, however, in each case the small item of silver
bullion incorporated in the Treasury statement of net silver holdings,
since il’ we changed the official figures it might confuse some readers.
As the bullion
The
carried is generally about 5 million
not affect the comparison materially.
so
including it does
dollars,
or
less,
important facts to note here are that sines
the first of February there has been an addition to
the net
currency holdings
in Treasury vaults of
13£ million dollars, notwithstanding the Secretary has
added to the holdings in depositary banka about
21
millions and has sought to make this latter item even
larger. "We have heard of banks in this city which have
this week been offered larger deposits and would not take
them.
Of course, if the money market becomes ’much
closer, as the rates of interest advance the inducement to
take these deposits will become greater.
But be that as it
may, we all know that the depositary method is a mere
temporary makeshift for averting a catastrophe, and only
makes clearer what the ioregoing facts emphasize so dis
tinctly and positively—the necessity there is for imme¬
more
diate and liberal reductions of
Trade remains the
net,
had
some
revenue.
heretofore
the
exhibits
not
are
good, and we have
decidedly bad, notably that
of the
Reading, which against net of $749,435 in January, 1887, this year failed to earn operating expenses
by $73,013, being a comparative loss of $822,448. But
of course the strike of the miners is
wholly responsible
for this loss.
Still the Pennsylvania
(E istern svstem)
also shows a considerable
falling off in net—$208,431,
though as gross has increased $342,208, this merely
indicates
another very
heavy augmentation in ex¬
penses.
The Louisville & Nashville likewise reports
this week that
diminished
not
being
net
on
so
are
increased
large in either
very
tral has lost
gross,
case.
the ratio of change
The Northern Cen¬
in
gross and at the same time increased
expenses, so the net has been cut down about one half.
On the other hand,
exceptionally favorable statements of
net are made
by
number of Southern roads, especially
Western, the Fort Worth & Denver,
the Memphis & Charleston and the
Cape Fear & Yadkin,
while in the Eist the Allegheny
Valley, the Rome Watertown &
Ojdensburg and the Western New York &
Pennsylvania have also done remarkably well.
The
Erie has trifling gains in both
gross and net, which is
better than hoped for in view of the bad weather that
prevailed during the month. Altogether 36 roads have
reported their net for January, and of these 22 show
improvement, and 14 losses. The following is a com¬
parison of the Pennsylvania figures for six years.
the
July 1,
holdings of
the
269
a
Norfolk &
<
January.
.1888.
Pennsylvania.
Gross earnings
Operat’g
expenses
Net earnings...
Western lines
i
1880.
1885.
1884.
1883.
5
$
$
$
j
j
$
3,851,771; 3,421,530 3,277,522 3,574,233 3,929,357
2,037,420' 2,409,995'
2.286,948
2,408,097
2,458,299
1,005.920 1,214,351
951,5tr.
-f-00,510 +154,951 J—133,687
990,574
1,100,130
—42.807
-110.585
1,471,058
+221,810
947,707
1.055,551
1,092,808
1,000,430'
Result.
Thus
$
4,193,979
3,188,059
1887.
1,309,302
817.8541
the
Pennsylvania though showing the largest
gross ever made, falls considerably behind in the net as
compared with the best previous years.
The
course
of
the stock market this week has
been
quite irregular, the fluctuations having been governed
largely by the interpretation and coloring placed upon
certain events and influences having a
general bearing
upon the situation. The sudden precipitation of a strike by
the Burlington & Quincy engineers, and the
consequent in¬
terruption of traffic on that system of roads, made the tone
weak and depressed early in the week, to which the further
rise in foreign exchange and some
selling of securities for
European account contributed. At this time, operators
for a decline displayed considerable activity,
selecting as
weapons of attack Louisville & Nashville, Erie seconds,
and Philadelphia & Reading.
As the week progressed, it
became apparent that the Burlington & Quincy was
gain¬
ing the upper hand in the strike, and this imparted an
improved tone to the market on Thursday, resulting in a
recovery in prices.
There were also other developments
of a favorable nature.
In the first place, Congress made
some progress towards a solution of
pressing fiscal prob¬
lems—the House passed the bond-purchase bill and the
sub committee of the Committee of Ways and Means
reported a tariff measure. The meeting of trunk-line man.
agers, instead of resulting in a disagreement as current
reports had led the public to believe, proceeded very sat¬
isfactorily ; it was voted to proclaim the summer schedule
reported. Out¬
side of the iron and steel industry, where special causes
of depression are at work, the situation wears a very
favorable look.
Of course profits are not large—prevailing prices, as compared with the cost of production, do
not admit of that—but it is really surprising to note how
heavy consumption is, and this is in a measure true even
of the iron trade.
In almost every department of business
one
hears the common report that, though not much
money is being made, things are very active. It is this
large consumption and heavy business that encourages
the hope that when the future shall no longer be clouded
by fears of Treasury accumulations of money, all cause
for complaint as to the prospect will be removed.
Railroad gross earnin $s are strong evidence of the
industrial activity prevailing.
For the third week of of rates, and all lines affirmed their determination to
February we now have returns from 76 reads, and though adhere to this schedule. Reports from the Western rate
there are quite a number that fall behind, yet on the roads war were also pretty generally favorable,
though no
as a whole there is a gain of 8-48 per cent over the same
agreement has yet been reached for a restoration of rates.
week last year, which is the more satisfactory that in Yesterday the accounts with regard to the
Burlington &
this week last year there was a gain of 10 74 per cent on Quincy strike being
conflicting—some had it that the
66 roads over the corresponding week in 1886. As
matter
whole
was
to
be adjusted, and others that the
regards
same as
CHRONICLE.
THE
270
lines—the market
reflected this uncertainty in the course of prices, though
on the whole was again quite weak.
The New York Stock
Exchange began dealings in Pipe Line certificates (petro¬
strike
be extended to other
to
was
and has been doing a large busiOhio announces a reorganization
supplying it with funds for present and future
leum) on Thursday,
.
The Mobile &
ness.
scheme for
fVou XUV I.
CONGRESS AND OUR FINANCES.
Congress seems to have become inspired with no little
On Wednesday the House passed with
practical unanimity the bond purchase bill which was
reported by Mr. Mills from the Ways and Means Com*
mittee about three weeks since.
It authorizes “ the Secrezeal this week.
apply the surplus money now
“in the Treasury and such surplus money as may herethe prospects of holders of its debentures.
Assent to the after be in the Treasury and not otherwise appropriated,
plan is voluntary.
or so much thereof as he may
consider proper, to the
The followingstatement, made up from returns collected
“purchase or redemption of United St.tes bonds.” Tnis
by us, exhibits the week’s receipts and shipments of cur¬ bill now
goes to the Senate, where we hope and believe
rency and gold by the New York banks.
will
meet
with
it
“
and improvement, and to improve
needs for construction
tary of the Treasury to
“
“
speedy and favorable action.
Week ending March 2,18S8.
urged that the measure is of no importance,
Movement.
N. Y. Banks. N. Y. Banks.
$1,009,000 Gain. $909,000 being unnecessary, since the same authority has been con¬
$1,978,000
Pnrrfinr.y
23,000
23,000 Loss.
Gold
ferred by the act of March 3, 1 1881.
The importance
Gain.
$880,000
$1,092,000
$1,978,000
Total gold and legal tenders....
consis‘8 in the fact that the Secretary of the Treasury
The above shows the actual changes in the bank holdings has expressed
his unwillingness to proceed under the old
of currency and gold caused by this movement to and
law, not considering that it gave any general authority.
from the interior. In add ition to that movement the banks It was, as is well known, a clause attached to an appro¬
have lost $4,200,000 through the operations of the Subpriation bill, and furthermore was passed at a tim9 when
Treasury. Adding that item to the above, we have the there were plenty of Government bonds at or near par,
following, which should indicate the total loss to the New and when Congress could not have anticipated conditions
York Clearing House banks of currency and gold for the like the present, with nothing to buy except at a large
week covered by the bank statement to be issued to-day.
premium and with 150 millions of surplus to be disbursed at
once.
Such changes in surroundings would not be material
Net Change in
Into Banks. Out of Banks.
Week ending March 2,1883.
Bank Holdings.
if the old act were clearly general; but'when the authority
Banks’ Interior Movement, as above
Shipped by
$1,978.000
$1,092,000
7,890,000
Gain..
3,000,000
$3,578,000
$8,892,000
Loss..$3,314.000
Bub-Treasury operations
Total cold and (eeral
The Bank of
tenders
...
Net Interior
Received by
Loss..
$880,000
4,200,000
England gained £394,000 bullion
dur.
ing the week. ^This represents £228,000 net received from
abroad and £166,000 from the interior of Great Britain.
The Bank of France shows an increase of 450,000 francs
gold and of 525,000 francs silver, and the Bank of
Germany, since the last report, gained 10,540,000 marks.
The following table indicates the amount of bullion in the
principal European banks this week, and at the corre.
sponding date last year.
March 3,1887.
March 1, 1888.
Banks of
Gold.
Silver.
Total.
Gold.
£
£
£
£
22,770,393
22,770.393
44.731,1(58 47,817,789 02,513,957
22,13(3,510 19,630,190 41,707,000
0,201,000 14,057.000 20,921,000
4,449.000 8,207,000 12,710.000
4,193,000
2.795,000 1,393,000
8.101.000
0,983.000 1,118,000
England
France
Germany....*
Aust.-IIung’y
Netherlands..
Nat.Belglum*
National Italy
lotal.
Silver.
£
£
23,281,217
48.79S.228
19,881,300
0,350,000
4,890,000
2,742,000
7,000,000
23,281,217
45,‘•97,000 04,005,828
17,(530,610 37,512,000
13,928,000 20,287,000
8,100,000 13.005,000
1,371,000
4,113,000
790,000
7,790,000
It has been
granted is found attached to an appropriation hill and hence
open to the suspicion of being intended simply as an annual
grant of power like the body of the law on which it was “ a
rider,” proper caution would seem to forbid action under
it on the part of a Government., officer, especially as Con.
gress -is in session, and has the opportunity to remove
Hence the public will consider the
the doubt if it desires.
passage of the measure a great relief as not only author¬
izing but ensuring the speedy action of Mr. Fairchild if
the conditions require.
It is a resource, to the extent of
the bonds which are purchaseable, open at all times to the
Government; and with such recent legislative authority
for the exercise of the right, it virtually becomes a direc¬
tion for meeting an emergency, in case a better way is not
provided, and leaves no doubt about its use.
But the House has also signalized the week through
the completion of a measure by the majority of its Waysand Means Committee for reducing the customs duties.
All sides must confess that
this is progress, whether
the
92,88-,279 203,017,350 112,900,835 87.789,240 200,750,045
09,704,053 92,511,902 202.210.015 112,952.323 87.822,903 200,775,280
provisions of the bill are approved or not.. It is the firststep towards an agreement or disagreement, and any thing
The division (l)etween % old and silver) given in our table of coin and
bullion in tbe Bank of Germany and the Bank of Belgium is made from
is better for business enterprise than the doubt which has
the best estimate we are able to obtain; in neither case is it claimed to be
prevailed.
Now too every interest affected by tariff
accurate, as those banks make no distinction in their weekly reports*
merely reporting the total gold and silver; but we believe the division revision knows what probably is at most the extent of the
we make is a close approximation.
change to be made—it maybe less, but is not likely in any
Note.—We receive the above results weekly by cable, and while
The feature that will be especially
case to be more.
not all of the date given at the head of the column, they are the
Tot. this week 110.129,071
Tot.prev.w’k.
J
*
returns issued nearest to
that date—that is, the latest reported
iiguies.
gratifying is that the
proposed bill not only affords the
Assay Office paid $185,791 through the Subhope of relief from excessive taxation, but will
Treasuiy during the week for domestic bullion, and the to future accumulations of surplus; and this, it
The
Assistant Treasurer received the
tom
following from the Cus¬
House.
Consisting of—
Date.
Gold.
u. s.
Gold
Silver Ger-
Notes.
Cerlijic’s.
ti/icates.
$507,251 50
511,243 0b
$7 500
$103,000
$384,000
$67,000
2.000
94,000
1,0 :o
1,500
131.000
53,000
01,000
28.
675,949 43
678,225 09
361,000
433,000
20
463,491 If
4,000
1.
364,165 8i
2,000
119,000
63,000
39,000
476,000
344,000
285,000
80,000
53,000
37,000
Total.
*3,200.320 7(
$18,000
$55 4,000 $2,333,000
$351,000
Feb. 24.
“
25.
4i
oy
«
“
Mar.
Included in the above payments were
coin, chiefly standard dollars.
$7,000 in silver
is claimed,
little disturbing to industrial
any customs changes could be.
The re¬
moval of the wool duties will be very generally com¬
mended—the tariff imports add no value to wool, are a
source of great embarrassment to the manufacturer of
is
accomplished in
interests
Duties.
be a check
a way as
as
goods, and a direct tax upon every consumer. It is
hoped, now that the measure is formulated, that it
will be reported to the House quickly and pushed zealously,
so that the country may be able to
know as speedily as
possible what is to be the result. The proposed changes
woolen
to be
in the internal revenue taxes
upon
have not yet been
in all particulars, but the estimate
determined
made^is that they
March
THE CHRONICLF.
3, 1888. J
271
reduction in the revenue of about 20 were so indefinite as to give room for unfairness of treat¬
million dollars, making the total saving by the committee’s ment and practical discrimination.
The latter point, though of great importance in this
measure whan completed not far from 75 million dol’ars.
The reported action of the Senate Committee on Finance particular case, was mainly a matter of detail.
It was
in ordering a favorable report on the bill “directing” the simply a question whether the system adopted by the rail¬
Secretary of tve Treasury from time to time to invest in roads was fairly and impartially applied. Behind it lies
Government bonds, eighty per cent of the fund held by the broader question, Was the system itself a good one ?
the Government against national bank notes, we utterly Does a railroad fulfil its obligations to the public when it
-will
probably effect
a
If there
other objec¬
adopts a schedule of rates which practically compels ship¬
tion, it certainly is not conservative financiering for Con pers of certain classes of goods to own their rolling stock
gress to regulate by law the ac ion of a Government officer and invest no small amount of capital in special terminal
facilities ?
on so delicate a question as the amount of surplus he shall
The counsel for the railroads claim that this is just and
carry—for that is what the proposed law seeks to do. But
the objections a,_e by no means confined to that; they seem right.
They say that a man who undertakes to go into
the
oil
business
without sufficient capital to furnish cars
to beset the measure on every side.
It is a positive direc¬
tion to invest 80 millions in bond-, regardless of price, at a of his own is at a disadvantage ; but he has no right to
time when the Government is expected to invest probably blame the railroad company for that disadvantage.
He
150 millions of additional surplus in the same way. What cannot choose the best method of transportation, because
■effect such legislation would have on the market values of he cannot afford the outlay which it involves; he is for
Governments we leave the Senate Committee to determine. that reason handicapped in the contest with his wealthier
Besides, who knows that Mr. Fairchild could buy 230 rival. But the railroad men claim that as they did tot
millions of United States bonds however high he might create the disadvantage they are not bound to go out of
•bid? It must be remembered that it is not a question of their way to stop it.
On the other hand the commissioners hold that the rail¬
price w th a large body of the hollers of those securities
roads have created this disadvantage by an act of
now.
omission^
“ The railroad company not havOr after the Government has obtained what bonds it if not of commission.
wants and paid a very high premium for them, how about
ing supplied itself with the necessary rolling stock to
one branch of its traffic to be carried on in the
enable
selling them. The law contemplates the purchase under
way most advantageous to those who engage in it, sufcompulsion ; what reason is there for supposing they can
fers parties who have the capital which will enable them
be sold under compulsion at the same price ? For the
to supply the defect to put cars of their own upon the
Secretary must sell, to meet the national bank notes as
road, for the use of which it pays, and at the same time
they are presented; the bill being just as imperative as to
the holding of only 20 per cent in cash as it is with regard
gives to such parties the exclusive use of what they supto investing the other 80 per cent.
ply, and also such preferential rates in the merchandise
So as often as the
carried for them as will put successful competition quite
margin becomes less than the amount fixed, the Govern¬
out of the question.
ment is required to dispose of the bends to keep the margin
It is not the lack of capital to
carry on the business that then proves fatal, hut it is the
good ; hence in process of time the entire 80 million of
lack of capital, in addition to what is needed in the
securities will come upon the market again. Finally
the whole theory of the bill is wrong.
business, to supply rolling stock to the railroad company
It is based upon
for his use.’’
tl e idea that the item represents just so many currency
Whether agreeing or not with the commissioners’ con¬
dollars in the Treasuiy.
We explained this point a few
weeks since and showed its error.
YYhat the Government clusions, many will find it difficult to accept without
keeps, or would keep, if its taxes were not so excessive, reserve the reasoning by which they support these conclu.
The paragraph just quoted proves too much. With
would be simply a working balance in cash to cover every sions.
emergency.
The Secretary is not only the head of a but slight changes it can be applied to the express busi.
Government Treasury department, but of currency ai\ ness as conducted by most of our roads at the present
rangements the most complex any country ever possessed, day. The railroad companies “ have not supplied them*
selves with the necessary rolling stock to enable” quick
lie is running not only a tax gathering and disbursing
machine, but a credit-supporting arrangement. It is not parcels shipment “ to he carried on in the way most
advantageous to those who engage in it.” They “suffer
simply the 100 millions of gold as a cover for the legal
tenders that he needs to keep undisturbed the public
parties who have the capital which will enable them to
supply the defect to put cars of their own upon the
mind, but such a show of strength all the time that no
moment doubt his ability to ensure the j ‘ road.”
one can for a
They give such companies special advantages
which
not he open to a man who had less capital;
would
convertibility and interchangeableness of silver and gold.
Is it not worse than fooli-li to hamper the Secretary with and though the form in wh:ch the advantage is given is
different from that in the case of the oil cars, the amount
legal restrictions under such circumstances '(
cf that advantage is “such as-will put successful compe.
tition quite out of the ques'ion,” unless a competitor
PRIVATE OWNERSHIP OF ROLLING STOCK.
furnishes rolling stock of his own.
In fact, the difference
In the Standard Oil cases recently decided by the Inter- is even greater in the express business than in the oil
State Commerce Commission, the chief complaint was business; in the laker the railroad company simply makes
based upon tins fact that the difference m rates for tank car a higher charge for independent shipments; in the former
loads and car loads of oil in barrels was unreasonably great it practically abandons the service to the express company.
The answer of the railroads was that any man had his
In their relations to the public there is of course a great
choice between the two methods of shipment, and that difference between an express company an t an oil com¬
each was open to all shippers impartially.
Iu the investi¬ pany. The former is doing business for others, the latter
it
appeared—first,
gation
that the raiboads did not furnish for itself. But from the standpoint of railroad economy
tank cars, but,the shipper had to provide them himself ; the position of the two is very much alike.
Most of our
and, second, that the terms on which they were handled railroads have allowed independent companies to manage
i
fail
to see
the wisdom of.
were
no
“
“
“
“
“
“
“
“
“
“
“
“
“
“
“
“
“
“
“
THE CHRONICLE.
272
the express business because it was found on the whole
that the attempt on the part of the railroads to run
[VOL XLVI.
the amount of difference
Rice
vs.
proved in the
case
of George
Louisville & Nashville RR., &c. To minimize these
not give satisfaction to any¬ allowances, the companies should return empty tank cars
more
was also the case when the
carefully than they have done in the past.
railroads owned tank cars. 'Everybody was complaining
Perhaps the practical result of a policy such as we have
indicated
that they were not to be had when they were wanted or
might not differ very greatly from what the
commissioners
But the result would be reached
desire.
where they were wanted.
Had the roads supplied enough
in a different way from theirs, and avoid some serious
cars to have a sufficient number for the use of all parties
at all times, most of them would have lain idle so long as objections to which their reasoning is exposed.
express cars of their own did
one.
We believe that this
great source of expense to the roads. Under these
was found best to let shippers own the
cars, and to make an allowance for shipments in that
form.
Whether the a-lowance was habitually too large is
another question.
Granting that it was, we do not believe
to be
a
circumstances it
that the system
was
should be condemned merely because it
misapplied.
argument rests on the assumption
duty of the railroads to provide rolling
stock for all their ordinary forms of business, and that it
is a serious omission if they do not.
If this position is
true, it applies to the express business as well as to the
oil business; if it is not true, then their argument on the
In point of fact, we
oil business loses much of its force.
The commissioners’
that it
is the
doubt whether the
broad
the
obligation is, it
was based on practical
grounds of economy for the rail¬
roads and the public.
The original idea was that a large
part of the freight cars would be owned by the shippers,
as is still the case in England at
the present day. This
commissioners
„
was
and
loss which
so
as
Whatever this
abandoned because of the
idea
it involved.
practical inconvenience
Because
of
the
distinctive
policy which the manage,
Chicago & Alton have for so many years
pursued, the results of operations on this system of roads
possess a degree of interest hardly attaching to any other
in that section of the country.
The road’s position and
attitude, in the changes going on, has been quite unique.
While all the other large systems have deemed it neces¬
sary greatly to add to their mileage, and build new and
important extensions, the Alton has followed the plan of
making no extensions at all, but developing steadily
and to the utmost the possibilities of the system as it
stood.
Since the completion of its Kansas City line in
1879, the mileage has remained practically unchanged.
Hence now, as nine years ago, the extreme Western ter¬
minus is on the Missouri River, though in the meantime
all its northern neighbors have crossed that boundary
ment of
the
line.
Some will ascribe the
position taken to
owned its servative disposition upon the part
better advan- servative—in the truest and best
If the railroad
a
naturally
con¬
of the managers. Con¬
of the word—the
freight cars it could utilize them to much
tage, giving more public service with the same number management has undoubtedly been. It is not simply in¬
of cars,
and wasting much les3 power in hauling ertia that has kept them from branching out in new
It is confidence in the strength and situa¬
directions.
empty ones.
But there were and are extreme cases to which this tion of the system, and the methods of doing business.
general principle would not apply. Probably no one And it must be admitted that this confidence has hitherto
would claim that a railroad ought to own refrigerator proven well founded.
In the first place the l;n9s are well
cars.
It would be bad economy for the railroad—it located and form short and pretty direct outlets both be¬
would work an inconvenience to the shipper, while being tween Chicago and St. Louis and Chicago and Kansas
of no special advantage to the public.
If the company City. - In the second place,-in its course to St. Louis and
owned a few such cars there would be great c:raplaint of Kansas City, the road reaches and passes through import¬
discrimination in furnishing them.
If the company built ant cities and traffic centres like Joliet, Bloomington,
enough of them to avoid this complaint, many of them Springfield, Alton and Jacksonville. Then though the
In either case it would company has but few branches, yet they possess the same
would lie idle most of the time.
be bad economy—not merely for the railroad, but for the characteristics and are very valuable. Thus, there i3 a
community as a whole. The rule that a railroad should branch running from Joliet'to Coal City, another passes
own its rolling stock, and
the exceptional cases where it through Streator to Washington, III., where connection is
should not, both rest on the same general principle that made for Peoria, while in Missouri there is a branch run¬
it is good for all parties to have the cars as fully utilized ning to the capital of the Scate at Jefferson City.
The effect of this advantage as to location and position,
as possible.
It is not a question of abstract duty, but of
is
to
practical experience as to where the line should be drawn.
give the company a very large local traffic, upon
There may perhaps be practical reasons why the railroads which it chiefly relies for its prosperity.
An excellent
the
should own tank cars; but we know of no general prin¬ illustration of
great preponderance of" local over
ciple which makes it their duty to do so independently of through traffic, is afforded by the report now before us.
such
We find
reasons.
conceded
such
that
while
the
road
sense
handled in the late year
duty, the 1,039,708 tons of through freight, it handled 3,083,412
question becomes plainer. We are now able to ask what tons of local freight. Of course the through freight is
the advantage is which the railroad derives from the hauled much longer distances than the local freight, but
use
of these cars.
First, it saves the wear on its nevertheless it is interesting to note that three-fourths of
the tonnage moved is loca', and thus of the best and most
own cars; for this car wear there should be a mileage
allowance ju;t as there is at present.
Second, it obtains lucrative kind. Both the local and the through freight
a certain
economy in the handling of the oil,itself; an the late year was the largest ever carried by the company,
economy of the same general nature as that which is but the relative proportions of the two have not been
furnished in other lines of business by regular shipments materially changed, and of the 472,020 tons increase over
instead of irregular ones.
An allowance may be made the year preceding (1886) 369,966 tons were local and 102,.
for this to seme extent; but the tendency has been to 054 tons through freight.
In the case of passengers the
restrict these differences and to pronounce the more proportion of local is even greater, having been 91 £ per
marked ones illegal. Very likely no court would sanction cent of the whole in 1887,
If it is
-
obligation is nearly
assume.
THE CHICAGO & ALTON STATEMENT.
once
that there is
no
March
THE
3, 1888.]
CHRONICLE.
subject of the company’s traffic move¬
ment, it will be well to call attention to one or two other
While
on
this
It may be supposed that the growth of
earnings has been in the cereals, but that is
special features.
traffic and
The road carried
only 528,324 barrels of flour in
1887, against 689,636 barrels in 1881, and of grain it
carried 14,072,452 bushels, against 16,017,768, showing
not so.
a
considerable decline in both
cases.
Moreover the
com¬
pany reports that the farm products shipped at local sta'
tions on its lines in Illinois and Missouri yielded a gross
in 1887
of
only $1,065,002, being less than 12
percent of its total gross earnings, against $1,100,986
realized from such traffic in
1881, the proportion
to total earnings then having been over 14J per cent.
Some other items of the company’s traffic have also
declined. Thus only 130 million feet of lumber were carried
in 1887, against 172£ millions in 1881, and the iron ton¬
nage, though having increased of late years, stands at only
218,631 tons, against 320,890 tons. In the interval, how¬
ever, gross earnings of the system have risen from $7,557,revenue
273
740 to
$8,941,386, and the question arises what accounts
for the increase? The answer is certainly not to ’be
sought in any increase of rates, for while there has been
improvement in the case of passengers, the average
freight has been steadily and almost uninterruptedly
declining, the rate now being down to less than a cent per
ton per mile (0-946 is the figure), against nearly a cent
and a quarter (1-241) in 1881, the decrease thus being
some
on
Total
Gross
Years.
Net
Rentals, Const'n
Net
Int. and
Dividends
arid
Earn'gs. Earng's Income. Skg. Fds. Eq'pm't•
$
$
$
$
1879.. 5.755,677 2,550,195 2,933,195 1,361,155
1880.. 7,6*7,226
3,477,985 3,747,490 1,905,218
1881.. 7,557,740 3,236,365 3,543,156 1,932,984
1882.. 8,215,495 8,530,991 3,863,538 1,968,230
1883.. 8,810.610 3,713 578 3,993,351 1,991,150
1884.. 8,709.274 3,575,484 3,854,302 1,682,124
1885..
7,993,169 3,380,322 3,653,167 1,637,634
18*6.. 8.060,639 3,409,684 3,692,338 1,689,291
1887.. 8.941,386 3,671,183 3.940,422 1,634,311
*
$
102,175
Other
Sur
Uu
Items.
$
765,776
16,683
854,359
431,644 1,077,976
71,221 1,083,080
740,759 1,194,18
292,221 +1,646,840
3S0.702 1,409,750
254,134 1,407,224
657,444 1,407.644
*
15,273
$
688,816
50,193 921,037
158,522 df.57,970
*324,366 416,641
4,635
67,628
387
232,730
225,081
985
390,704
241,023
$306,000 of this represents principal of Joliet & Chic, bonds paid,
t Includes 10 p*-r cent on stock, owing to a
semi-annual to quarterly.
This is
change of dividends from
favorable exhibit. Gross earnings for
largest ever reached, and the net has been
only once exceeded, and then but slightly. Tne surplus
above charges and dividends has not varied much in recent
1887
are
a
very
the
but for 1887 as stated, is somewhat less than for
The falling off, however, is apparent rather than
real, for it will be noticed that in 1887 $657,444 was
appropriated out of earnings for new construction and
equipment (of which $386,473 remains unexpended),
whereas in 1886 the amount so appropriated was only
$254,134. Exclusive of this item the balance would stand
at $898,467 for 1887, against $614,838 for 1886, and on
that basis the amount is the largest of any of the years
given except 1880 when dividends were lower than now.
Tne company is about to encounter additional competition,
years,
1886.
the St. Paul line to Kansas
City being already in operation,
Chicago nearly ready for busi¬
But we have seen that the Alton occupies an
ness.
almost 25 per cent.
The increase in earnings follows simply from a growth unusually strong position as regards local traffic, and this
local traffic the new roads will not, we should judge, be
of general and miscellaneous traffic, the gains being
able to interfere with much, as they lie further to the
heaviest in those items moEt dependent upon the growth
north.
As regards the through business, the Alton will
and development of the country.
For instance, mer¬
be able at least to compete on even terms, as its lines are
chandise and sundries now figure at 944,995 tons,
short and direct.
against only 461,749 tons in 1881, the total having more
than doubled; coal has increased from 1,190,241 tons, to
IMPORTS AND EXPORTS FOR JANUARY.
1,553,875 tons, ice from 49,041 to 132,002 tons (the latter
The Bureau of Statistics has issued its detailed statement of
having in the interval been still larger), and stone from the
foreign commerce of the country for the month of Jan¬
72,651 to 108,146 tons.
The number of cattle carried
has
(from 267,058 to
also
been increased
472,432^
though the number of hogs carried has diminished—
as compared with 1881 only slightly, but as
compared
with most of the intervening years, very heavily.
At
the same time the company has built up a considerable
traffic in cotton, the tonnage of which in 1887 was 37,933
tons, against nothing in 1881. The general conclusion
is that the expectation upon which the managers based
their idea of maintaining the prosperity of the property
under their charge, amid the multiplication of new roads and
the increase of competition, has been fully realized; by
judicious and careful management the road has received in
full the benefits of local development, and by reason of its
location (connecting such important cities as St. Louis and
Kansas City with Chicago), it has been able to share in the
wonderful development of the whole Western country.
As to the fiscal results of operations, these, as is known,
have been very satisfactory.
The company has been able
to pay fall 8 per cent dividends for a good many years,
both on its common and preferred stock.
It has had this
advantage, however, over other companies, that, not hav¬
ing branched out any, it has not had increased interest or
dividend charges to meet. Its capital is quite moderate—
only $17,591,500. The following is a summary of the
income accounts back to 1879.
As explaining the marked
reduction in 1884 in the item of rentals, interest, &c.,
it is to be said that in that year a consolidation took place
with the St. Louis Jacksonville & Chicago, a former
leased line, the Alton issuing its own stock in exchange
for that of the Jacksonville.
and
the Atchison line to
and the seven and twelve months ended with January 31,
1888, as well as comparisons for the corresponding periods of
the preceding year, as follows :
uary,
MERCHANDISE.
For the
month of
Januarg.
For the 7
For the 12
Months ended Months ended
Jan. 31.
Jan. 31.
$62,113,887 $441,430,149 $694,714,155
941,317|
6,530,035
12,107,754
Total................ $6:4.055.204 *447.966.184 $706,821,909
58,487,673 '409,826,007 715,355,045
Imports
Excess of exports over imports $4,567,531 $38,140,177
Excess of imports over exports
$8,533,136
$70,719,424 $449,744,917 $713,534,630
1887.—Exports—Domestic
814,915
7,582,569
13,415,815
Foreign
Total
$71,534,339 $457,327,486 $726,950,445
51,951,153 386,790,730 667,965,742
Imports
Excess of exports over imports $19,583,186 $70,536,756 $58,984,703
Excess of imports over exports
1888. —Exports—Domestio
Foreign......
GOLD AND SILVER—COEN AND BULLION.
1888. —Exports—Gold—Dom...
Foreign
Total
Silver—Dom
Foreign.
Total
Total exports
Imports—Gold
Silver
Total
imports
exports
1887.—Exports—Gold—Dom... f
Foreign
Excess of exports over
Excess of imports over
Total
Silver—Dom...
Foreign
Total
Total exports
Imports—Gold
Silver
Total
Excess of exports over imports
Excess of imports over exports
|
$3.41,242
23 <,048
$2,284,101
$624,290
$1,714,2 .9
524,002
$2,238,301
$2,862,591
$395,471
1,196,345
$1,591,816
$1,270,775
$2,718,448
$12,136,448
5,395,058
$17,531,506
$20,249,954
$39,289,296
10,441,008
$49,730,304
434,347
$29,480,350
$2,759,845
408,188
375,760
$3,168,033
$628,993
$1,291,220
$8,999,438
$253,233
$5,229,560
4,022,042
$9,251,602
$20,142,046
7,713,840
$27,855,886
$37,107,488
$41,749,342
16,774,794
$58,524,136
$2*1,416,648
$30,899,925
8,430,616
$39,330,541
$15,338,580
10,726,003
$26,064,583
$65,395,124
$43,139,268
6,97 .',686
624,304
$1,915,524 $15,972,124
$2,544,517 $19,140,157
$3,535,928 $40,450,555
17,394,389
1,193,665
10,926,405
$4,729,593 $51,376,960 $60,533,657
$4,861,467
$2,185,076 $32,236,806
THE CHRONICLE
274
For the 12
For the 7
Months ended Months ended
Jan. 31.
Jan. 31.
For the
month of
January.
$64,219,428 1455,856.698 $720,085,701
23,843,636
1.698,367
12,359,440
Foreign
Total
$65,917,795 1468,216,138 $743,929,397
60,079,489 459,556,311 773,879.181
Imports
Excess of exports over imports $5^838,306
$8,059,827
Excess of imports over exports
$29,949,784
$72,263,877 $461,504,200 $759,773,135
1887.—Exports—Domestic
1,814,979
14,903,443
32,572,434
Foreign
Total
$74,078,856 $476,467,643 $792,345,569
56,680,740 438,167,690 728,499,399
Imports
Excess of exports over imports $17,398,110' $38,299,953! $63,846,170
Excess of imports over exports!
1888.—Exports—Domestic
STERLING EXCHANGE (POSTED RATES) FOR FEBRUARY,
BANKERS’
TOTAL MERCHANDISE AND COIN AND BULLION.
....
Feb.
[VOL. XLVI.
60
De¬
days.
mand.
Feb.
60
De¬
days.
mand.
1.... 4 844-5 4 864-7 13.... 4 85
2.... 4 844-5 4 864-7 14.... 4 85
15.... 4 85
3.... 4 84-4 4 86-4
16.... 4 85-4
4.... 4 84-4 4 86-4
17.... 4 85-4
8.
5....
18.... 4 85-8)
6.... 4 84-4 1 86-4
8.
19....
7
4 84-4 4 86-4
20.... 4 85-4
8.... 4 84-4 4 86-4
4 864
21.... 4= 854
9.... 4 844
22.... ....Holi
4 864
10.... 4 844
23.... 4 854
4 86 Sj
il.... 4 844
24... 4 8?4-6
8.
12....
m
mm
4 87
....
87
87
87
87
.1
....
17.... 4 854-6 i 874-8
IS.... 4 85 4-6 4 8 74-8
19.... 4 854-6 4 d74-8
4 87
4 87-4
day.
days.
15.... 4 854-6 4 874-8
S
16....
j
4 87
4
4
4
4
1888'
De¬
mand.
60
Feb.
J
First 4 8 4-5 4 864-7
i 88
4 36
4 86
Low 4 S4
Last ,4 854-6 1 87 4-8
Higi
.
4 874
4 87 4
-
UNITED STATES TREASURY STATEMENT.
REVIEW OF PRICES IE FEBRUARY—STOCKS
GOVERNMENT BONDS AND
FOREIGN EXCHANGE.
The
following statement for February, from the office of
issued this week. It is based upon the actual
returns from Assistant Treasurers, depositaries and superin¬
tendents of mints and assay offices, and shows the condition of
the United States Treasury Febiuary 29; we give the figures
for January 31 for comparison :
The
the Treasurer, was
following table shows the highest and lowest
the N. Y.
rH CO CO CO
Railroads.
Albany A Susqueli’a..
Low.
115
118
954 99 4
104
94
75 4
75 4
98994
15
45
29
29
Atchison Top. A S.Fe.
Atlantic & Pacific....
Bell. A So. Ill., pref..
Best.&N.Y. Air L., pf.
Buff. Rocli. A Pittsb..
Burl. Ced. R. & Nor..
Canadian Pacific
Canada Southern
Cent, la., 2d, ass. pd..
Central of N. Jersey..
Central Paeitie
Chari. Col. A Aug
Ches. A Ohio
pref..
prel’..
Chicago A Alton
Chic. Burl. A Quincy.
Chic. A East
Ill
pref..
Chic. A Ind.Coal Ry
Do
pref..
Do
pref..
364
105 4
pref..
78
Cin. Ind.St. L. A Chic.
Del. Lack. A Western
Den. A Rio Grande...
Do
pref..
Do
pref..
Lake Shore
Long Island
904
9011
56 4
:
Louisville A Nashv..
43
94 4
Oregon Short Line..
Oregon A Trans-Con.
413$
934
Peo. Decat. A E’ville.
Phila. A Reading
164
204
18 34
64 4
3r*8
64
534
_
214
564
82 4
364
144
244
694
874
364
164
33
354
704 734
1114 1134
60
55
100 *2 105
1134
109
5
7
84
24 4
514
125
94
264
574
125
134
214
15
27
51
55
Wells, Fargo A Co
Coal and Mining.
Colorado Coal A Iron
Colum. A Hock. Coal.
Consolidation Coal...
Ilomestake Mining...
Marshall Con. Coal..
Mo. Kans. A Texas...
14
17
834
SO 4
104
134
138 4 1394
77
79
384
25
28
25
4
114
8
15
28
265
10
28
>2
267 4
1 1 4
334
304
So 4
Tenn. Coal A Imn
32 4
Whitebreast Fuel Co. x92
97 4
Various.
Am.Cotton Oil Trust-.
30
324
Amer. Tel. A Cable...
75
73
Canton Co
45
45
Chart iers Val. Gas
90
914
Consolidated Gas Co.
744 7 64
Del. A Hudson Canal. xl()8
1114
Oregon Improv. Co..
494 52 4
Ore iron R’v A Nav.Co.
93
94 4
Paeitie Mail
344
364
102 4 1064
Philadelphia Co
864
94
Pipe Line Certitieat’s
Pullman Palace Car.
1404 1434
77 L»
Western Union Tel...
794
of Government bonds sold at the St/ck Exchange
was as follows:
GOVERNMENT BONDS.
:s,
1891,
ret7.
44*, 1891,
cote/).
106 :U
108
108
Lowest.
106
1074
Closing.
1064
107 4
X1074
*
Piices bid—no sales
The
4C, 1907,
rcq.
1264
126-4
125 4
1254
•Is, 1907,
COUf).
3 264
1264
125 4
12534
6s, Cur.,
’98 re7.
126
*127
*
*
125
-126
6s, Cur
’99 re7.
*128
*130
*
1 27
*128
during the month.
daily posted rates for sterling exchange in January are
given below, it being understool that bankers’ actual rates
are usually a fraction below the prices posted:
21,100,109
14,930,517
179,321,053
47,150,934
33,4W2,V:87
11,215,000!
Certiflc’s, net.(Liability)
48,153,850
28,060,409
10,925,000
284,000
11,655,000;
44-',000!
10,645,000
Net U.S.notes in treas.
Trade dollar bullion.....
National Bank notes
22,267/87
Deposits in Nat. Banks..
131,540,000
Balances... .(Asset)
Public Debt and Int.—
Interest due,unpaid....
350,615,697
18,0’5,409
6,660,023
96,714
59,372,967
6,649.023
/
00
;;;;;;;;;;;
335,257,207
1,70:3,13:»
2,250,303
4,. 06,06a
2,914,36 •
176,982
Accrued interest
Matured debt
Inter’t on matured debt
Int. prepaid not accr’d.
Debt bearing no inter’st
Int. on Pac. RR. bonds
due, unpaid
Acc’d int., Pac. RR. b’ds
7,54 7,60.
54,741,205
174,70 (
Debt and int.(Liability)
Fract’l cur’cy redeemed
U S. bonds and inte’st.
Int.ch’cks & coupons p’d
3 5,860
165,317
•
1,321
1,015
43,44 )
640,235
57,750
323,117
12,917,695
1,321
9,929,600
1,015
35,181
Debt andinter’st.(Asse()
364
25
11
7
12
227,477,903
194,251,570
Certiflc’s, net.(Liability) 184,452,659
Net silver in treas’y
0. States notes—(Asset)
Certificates issued
Certificates on hand....
202,955,184
223,918,880
3,559,523
Reg. Acoup. int. prep’d
..
Missouri Paeitie
February
34
166
145
108 4
\71 4
73 4
130
132
Pennsylvania
Quicksilver Mining..
Do
pref..
57
15
84
65
70
97
101
7
64
15
14
34
164
x!42
107
Ontario Silver Mia..
91 4
61 4
22
212,869,914
3,050,130
Bullion.
D’bt&int,net(Lmbi(itj/)
104
934
14 4
80 4
in
Express.
Adams
American
United States
4
174
194
674
1524 15334
Wheeling A L. Erie..
Maryland Ci.al
Mexican Central
The range
Do.
pref..
Rome Water A Ogd.
St. L. Alton A T. II...
St. Louis Ark. A Tex.
St. L. A S. Francisco.
Do
pref..
Do
1st pref..
St. P. A Duluth
Do
pref..
St. Paul Minn. A Man.
Scioto Valley
South Carolina
Texas A Paeitie
Union Paeitie
Utica A B ack River.
Wab. St. L. A Pae
Do
pref..
31
16
IS
91
Mobile A Ohio
Morris A Essex
Nash. Chatt. A St. L..
Rensselaer A Sar
Richmond A West Pt.
Bal-inces.
104,853,971
Certiflc’s, net .(Liability) 96,097,013
Net gold in treasury.
8ilver—Dollars,stand’rd 227,947,403
Certificates on hand....
18
86
53
pref..
Minneapolis A St. E..
Do
pref..
174
94
12
934
Do
219
1(5*8
214
8,;1ti
Milw. L. Sh. A West..
307,809.155
123.522,lsl
20,008,210
11
Manhattan, consol...
Marq. Hough. A O...
Do
pref..
Memphis A Charlest’n
Michigan Central
Total gold
(Asset) 300,507.827
123,00 ,0ft 1
Certificates issued
Certificates on hand.... 20,002, LOS
Ohio Southern
..
Lake Erie A West’n..
219
4 54
40
109
80
30
15
44 4
185,900,571
121,902,584,
Bullion
434
224
E. Tenn. Va. A Ga. Ry
Do
1st pref.
Do
2d pref.
Evansville A T. il
Flint A P. Marq pf..
Ft. Worth A Dcnv. C.
GreenB. Win. A St. 1’..
Harlem
2174 218
18
23
Hons. A Tex. Cent...
vl 16
122 h-)
Illinois Central
95 4
97 "
Do L’sedLine Ip.e
12
13
Ind. Bl. A West
4
4
Keokuk A Dos M
3 l
35
Keokuk A Western
Kingston A Pembr’ko
187.745.300
121,822,527
Gold—Coin—
pref..
Ohio A Mississippi..
59
154 4 156
12
17
21
234
129
1324
194 22 4
49 4
534
94 10 4
59 4
65
20 :,4
23 4
87
87
97 4
97 4
42
454
84
94
Clev.Col.Cin. A Inti..
Clew A Pittsb.,guar..
Coluni. A Green, pf..
Col. Hock. Val.&Tol.
1034 1054
25
27 4
57
624
364 38 4
Do
I’ittsb.F.W.AC., guar.
Pittsb. A West., pref.
andj
Liabilities.]
Total silver
(Asset) 231,003,023
205,019,128,
Certificates Issued
1404
128 34
Assets
Balances.
lStS.
‘
Northern Paeitie.
738
‘-4
54
and
Liabilities.
214
5
10
3
pref..
Assets
20 4
30
_
Cin. Wash. A Balt
Low. Hiah.
106 4 1073i
15
174
67
70
33
34
324
184
46 4
*35“ *37"
prof..
Chic. St. F. Minn. A O.
N. Y. Cent. A Hud. R.
N.Y.Chie. A St. Louis..
Do
1st pref..
Do
2d pref..
N. Y. Lack. A West...
N. Y. Lake Erie A W.
Do
pref..
N. Y. A New England
N. Y. N. II. A Ilartf’rd
N. Y. Out. A West
N. Y. Susq. A West...
Do
pref..
Norfolk A Western...
Do
pref..
84
30 34
164
434
924
744 78
1144 116
1064 1104
143
1454
1114 111
Chic. & Rock Island..
Chic. St. L. A Pittsb..
Do
814
314
5
404
Chic. A Northwest...
Do
774
110
124
41
x90
pref..
Do
545a
2*4
4*4
34
Chic. Mil. & St. Paul.
Do
52
4 4
29
30
..
Do
594
554
1st
2d
Do
Do
R aii.roads.
High.
January 31,
29, 1888.
February
RAILROAD AND MISCELLANEOUS STOCKS.
168,332
12,912,514
....
100,000,000
Res’ve furred. LJ.S;notes.
Fund held for redemp. of
notes of Nat. Banks
Five p. c. f’nd for redemp.
of Nat. Bank notes
•
•
•
0,90’.,400
6,073,573
Redemp. res’r.( Liabi'c t y, 205,099,912
208,205,327
Nat. Bank notes in pro¬
cess of redemp...{Asset)
Net Yes'rves.(Liabilitu)
Post Office dep’t account.
6,222,777
198,877,165
.
200,579,83
4,81.9,590
23,295,604
1,802,935
National banks
Currency and minor coin
redemption account —
/
7,685,488
3,478.551
34,202,283
Disburs’g Otficurs’bal’ces.
Undistrib’dass’ts of fail’d
9,763,268
....
100,000,000
101,291,754
93,133,542
—
•
1,433,100
66
580
■
Fractional silver coin re-
2,560
demption account
Redemption and exch’ge
406,600
account
Treasurer’s transf'rch'ks
and drafts outstanding.
Treasurer U. 3., agent for
paying int. on D.Col.bds
Total
..(Liability)
tnt.on D.Col.bds pd (Asset)
(Liability)
Net
Balances.
.(Liability)
Net balance—(Asset
Assets not
available—
Minor coin
612,410
5,721,217
4,030,532
'
223,495
495,568
45,838,221
39,793.414
110,090
■■
,
i
QOI
qn r.sq q-4
2.>7,62 7,900
250,026,461
92,987,797
85,230,746
•0
|
j
Subsidiary silver coin..
Aggregate net Asset
920
’
.IS
113 617
165 856
.......
..
1
25,355*432
25,019*973
118,509,085
110,364,336
P%0tijetarij! ©ummetxial gnglish Hews
[From
our own
correspondent.]
London, February 18, 1888.
The London markets have this week
experienced a double sur¬
prise, the Bank of England and Bank of France having both,
almost simultaneously, reduced their official rates of discount.
Why the Bank of England should make this move at a
time when the outside rate for three months’ bills
ng
upwards, and the collections of taxes
was
was
tend-
securing to the
March
of
much speculation; but the reduction by the Bank of France
is still more difficult to explain. This latter institution had
maintained its rate steadily at 3 per cent since February 22,
1883, and now lowers it to 2% per cert, although its stock of
bullion is less than it was a year ago. One theory advanced
Bank tlie control of the open
275
CHRONICLE
THE
3, 1888. J
market, has been the subject
the receipts, and this statement is not regarded as altogether
trustworthy. London has lately been deluged with new
issues of Argentine securities, a list of which may be of
interest:
*
Jan. 14—Entre Rios Central Railway
Jan. 30—Argentine Northeastern Railway
Feb. 6—Santa Fe & Reeouqiiis'a Railway
Feb. 13—La Rioja (Province) bonds
Feb. 16—Cordoba Central Railway
£950.000
1,500,000
661,700
600,000
400,000
that the British
Here is a total of over £3,500,000 in addition to previous
conversion of the national
debt at an earlier date than had been expected, and that the heavy loans which in the aggregate** have exceeded £50,000,banks are co-operating in an attempt to bring about a state of 000 in less than six years. The Manila Railway Co. has this
tlie market favorable for the transaction.
But a more plaus¬ week asked for subscriptions for about £1,250,000 of its capi¬
ible explanation with reference to the Bank of France is that tal and bonds. Among home ventures there are a great
the directors in making the change were influenced princi¬ many new companies in the market, and some of them are
pally by a desire to conciliate the public, the charter of the regarded with a good deal of suspicion. Indeed, companyBank being now subject to vigorous attacks by the French promoting has had such disastrous results for shareholders in
so many cases that there is a strong agitation for a change of
radical parties,
the
law with regard to limited liability. A great many con
Compared with a week ago the open market rate of dis¬
count in London has appreciably advanced.
First-class bills cerns advertise for capital, secure an utterly inadequate re¬
were discounted a few days ago at an average of
per cent sponse, but nevertheless make allotments simply in the inter¬
for three months* paper, and the rate has advanced step by ests of the unscrupulous promoters, and the result is that one
step to just
per cent.
Short money, however, is very new company after another goes into bankruptcy.
There has been a good deal of disappointment at the fall
•abundant, and at the Stock Exchange settlement this week
which
has taken place in the price of iron.
the charges to speculators who desired to carry forward their
Scotch pig iron
has been quoted this week as low as 39s. per ton, or about
speculations were generally low.
The following return shows the position of the Bank of 5s. Cd. per ton below the price early in February last year
England, the Bank rate of discount, the price of consols, &c., and within a few points of the lowest price touched last
year.
At the close of 1887 there was a speculative rush
compared with the last three years :
to buy iron warrants, the argument being used that as
1885.
1880.
1887.
1888.
tin, copper, lead and other metals had all risen enormously
£
£
£
£
in price, there would be a sympathetic rise in iron; but
Circulation, excluding 7-day and
23.142,lc0 23,397,170 23,598,915 23,521,375
Ot.hnr hills
outside speculators who operated on the idea quite ignored
9,728,070
0,207,018
8.994.088
6,231,014
p^ihlin deposits
The stocks of pig iron in the United
23.556.00(5 22,680,709 24,187,663 23,285,717 the statistical position.
fti.hpr deposits
16.260,774 13,129.782 13,744,010 14,051.801
fl-pvflrnmftnt snenrities
Kingdom in the aggregate are at the present time the
19,275.915 19,025,273 20,007,269 21,208,880
largest
ever accumulated, and are held with the expecta¬
15,923,707
15,184,213 14,916,541 14,904,382
Reserve of notes and coin
tion of a falling off in the American demand.
22.12(5,393 22,563,711 22.753,297 23,095,082
Produc¬
48 p. c.
4816 p. c
40% p. c.
51^ P.c
tion might be augmented at almost a moment's notice if
4 p. r.
2 p. c.
4 0. C.
Hank rat.o
214 P- c.
For a short
101 5-16
100 13 10
102 7-16
onq there were any indication of higher values.
Cl
sols
140,922,000(156,6.81 ,(X 0 131,335,000 130,497,0' 0 time prices rose under the speculative purchases, but the tide
Clearing-House return
Messrs. Pixley & Abell write as follows on the state of the quickly turned, and the market has ever since the beginning
of the year been falling, as speculators closed their transac¬
bullion market:
to account
for both reductions
supposes
Government is contemplating a
on
Gobi—The demand for gold lias entirely ceased, and the Bank lias pur¬
chased £70,000. Arrivals: River Plate, £17,000; India, £7,000. Ship¬
ments to India, £10,250.
Silver gradually gave way until inland, was touched yesterday, when,
with better rate for Tndia Council bills, a tinner tone was manifest, and
tions.
heavy, and this week’s average
price of wheat is the lowest of the year, being 30s.
5d. per quarter, in contrast with 31s. 4d. a month previously
we quote to-dav ltd.
Arrivals, £14,000 from New, York. Shipments
to India, £120*629.
and 33s. 6d. a year ago.
The imports of wheat and flour (the
Mexican Dollars fell to their melting value, and were quoted 12%d.,
latter in equivalent of wheat) from the 1st of September to
which remains the nearest quotation. Arrivals, £98,000 from Vera
Cruz.
the lltli of February has this year been 7,968,000 quarters, in
Tlie quotations for bullion are reported as follows :
contrast with 7,425,000 quarters in 1886-7 and 7,372,000 quar¬
ters for the corresponding period of 1885-6.
SILVER.
The deliveries of
GOLD.
London Standard. j Ftb.
I
Bar gold,
fine....or.!
Bar gold.
conta!n’g|
20 dwts silver..oz.'
Span.doubloons..oz.
16.
Feh.
(J.
9.
s.
a.
9
77
9)4
77 10
77
10)4
ff.
77
London Standard.
d.
Bar silver
Bar silver,
|
8.Am.doubloons.oz.i
F(b. 16
oz.
Frb.
9.
d.
44
44 1-16
44%
44 7-16
contain-
ing Ogrs. gold. .oz.
Cake silver
oz.
Mexican dols
oz.
47 7-16
47)4
....
prices of American railway shares here has
intermittently downward, but there, is a general impres¬
sion that at any moment the market may take a turn for the
better.
What is looked for is some decided improvement at
New York, and on the slightest indications of such this mar¬
ket might quickly respond.
We have been dosed with bad
news from America concerning the severe weather prevalent
in some parts, rate-cutting at the West, the Reading strike,
etc., all of which has tended to lower the prices of railway
stocks and to keep the public1 out of the market.
Then, too,
-
The
course
of
been
the recent discussions
as
to whether American
shares afford
adequate security for loans has had a depressing effect on
values.
But, as said before, a change for the better at New
York might easily cause a rise here.
In consequence of the demand for all investment securities
bearing a fixed rate of interest, there has been a steady ab¬
sorption of American bonds, and advantage has been taken
of this demand, as well as of the low rates current for money,
to float issues on the London market.
We lately had $5,000,000 Illinois Central 4 per cents placed here, and this week
there has been an issue of $2,500,000 Norfolk & Western 5 per
cent bonds.
An attempt has also been made to dispose of
$775,000 Prescott & Arizona Central Railway 6 per cent
bonds, but this last-named issue lias not been favorably re¬
ceived, inasmuch as the prospectus states that the working
expenses of the company in 1887 were under 40 per cent of
Grain markets have been
Gazette
home wheat have been much
responding period,
as
in
excess
of those of the
cor¬
from the 1st of September they have
4,491,000 quarters, against 3,525,000 quarters in 18S6-7
and 4,407,000 quarters in 1S85-6.
It had been expected that
farmers’ deliveries would fall off, but so far this has not been
the ease.
Last year's wheat crop in this country, it will ba
remembered, was above the average both as to quantity and
quality. Tlie weather in this country has been very wintry,
with considerable snow in some parts of the kingdom.
Farm¬
ers report that wheat is looking healthy and not too forward,
reached
supply, in consequence of the very small rain¬
gives rise to apprehensions. Indian wheat ship¬
ments at present are quite unimportant, and are expected to
remain so until the new crop comes forward for shipments,
Arrivals are expected to be tardy this season, and but very
few contracts for shipment have as yet been arranged.
The
South Australian harvest is estimated to yield a surplus for
shipment of from 40,000 to 50,000 tons, there having been a
good yield secured in] excellent condition. Dornbusch's list
reports the quantity of wheat and flour on passage to the
United, Kingdom at 1,495,000 qrs., against 2,376,500 qrs. in
1887 and 2,008,500 in 1886.
These figures include the quantity
off coast or thence en route to U. K. port of discharge.
The total quantity afloat for Europe is represented by 1,665,.
400 qrs., against 3,009,460 qrs. in 1387.
At present the quan¬
tity on passage to Europe is 1,344,060 qrs. below the total at
the corresponding period last season.
The quantity of maize on passage is made up of 46,000 qrs»
fiat, 101,000 qrs. round and 134,000 qrs. of La Plata, giving a
total of 281,000 qrs., compared with 266,000 qrs. in 1887.
The
total quantity afloat for Europe is 372,400 qrs.; a year ago
376,710 qrs. were in sight.
but the water
fall of late,
276
THE CHRONICLE
Ensllih
inarketa-Per Gable.
Financial
The
The
are
daily closing quotations for securities, &c., at London
reported by cable as follows for the week ending March 2.
at the
following table shows the exports and imports of specie
port of New York for the week ending February 25, and
January 1, 1888, and for the corresponding periods in
since
1887 and 1886.
.
Sat.
London.
Silver, per oz
d.
Consols for money
Consols for account
Fr’ch rentes (in Paris) fr.
U. S. 4*28 of 1891
U. S. 4s of 1907
Canadian Pacific
Chic. Mil. A St. Paul....
Erie common stock
Illinois Central
Tues.
Wed.
Thurs.
„
Fid.
43 7s
43%
43%
43%
431316 43 34
102716 102516 102716 1025,6 1025,6 1023,6
10238
102^
102916 10291G 10212
1025,6
82-15
10878
128%
585s
79i4
2714
119%
5558
Pennsylvania
Philadelphia & Reading. 34%
York
New
Central
IIOI4
3.84679—The
Mon.
82-70
109
128^
57%
7814
26%
119
82-15
82-40
82-45
82-40
108%
12812
58^8
7812
263s
10834
12814
10834
12814
58»2
7918
2614
11834
55%
108%
128%
58%
■
785a
20 %
119
55 %
5512
3334
119
55io
3312
109 7a
33 5s
3314
10934
1097a
109%
58
78%
25%
II734
55%
32%
10934
and
Expenditures.—Through the
courtesy of the Secretary of the Treasur}’, we are enabled
place before our readers to-day the details of Government
receipts and disbursements for the month of February.
From previous returns we obtain the figures for previous
months, and in that manner complete the statement since the
beginning of the fiscal year for 1887-88 and 1886-87.
to
188 7-8.
lleceipts.
Week.
Inter'1 Misc'ls
toms.
Rev'uc Satire's
$
9,768
9
August
18,215
22,687
September
20,709
10,850
10,442
19 500
10 8 -,9
3 414
November
December
15.742
9,881
15.420
10,002
3,505
3,033
3,005
2,381
January.
February
17.839
9,500
19,091
9,080
Total 8 months. 119,989
80,952
000s omitted.
Total.
%
30,815
2,832
2,081
35.018!
2,019
33,8(50
Cus¬
Inter'l Misc'ls
toms.
Rev'ue Sourc's
S
17,899
21,193
20,086
$
»
October
5
November...
3 301
29,000'
10,332
17,021
18,874
9,541
8,700
3,418
2,747
2,595
8,243
2,657
22,905 253,900 143,250
74,557
30,434
31,152
lotal.
*
29,637
33,022
31,687
Int. A
Prems.
Total,
j
♦
*
i
!
8,933 35,137
1,209 28,717)
22,429
2,329
12,047
30,805
9,572
18,288
518
2,580
28,378
12,080
21,532
19,898
10,381
10
12,014
9,401
703
8,815
9,903
474
89,501
59,250
21,550 239,363
Ordi¬
Pen¬
Inter¬
nary.
sions.
est.
9
9,843
19,535
*
&
10,871
7,775
11,385
3,276
12,042
11,078
12,730
52)
‘
12,517
13,323
2,177
1,967
9,331
15,289
84,030 183,447i 102,867;
54,390)
Total.
8
8,089
1,509
2,922
0,895
1,403
3,577
8,095
29,403
28,909
20,583
19,461
25,058
18.484
23,385
805! 25,485
34,105 191,308
Jamestown National Bank, N. Y. Capital, $100,000. Clius.
President; Mason M. Skiff, Cashier.
National Live Stock Bank of Chicago, Lake, Ill. Capital,
$600,000. John B. Sherman, President; Frank S. Washburn,
M. Dow,
Cashier.
First Rational Bank of Sheldon, Iowa. Capital, $50,000.
George W. Sclice, President; Charles S. McLawry, Cashier.
Douglas County National Bank of Lawrence, Kansas. Capi¬
Justin D. Bowersock, President; Hiram C.
Vaughan, Cashier.
Imports and Exports for the Week.—The imports of last
tal, $100,000.
week, compared with those of the preceding week, show an
increase in dry goods and a decrease in general merchandise.
The total imports were $10,297,307, against $9,778,715 the
pre¬
ceding week and $9,545,125 two weeks previous. The exports
for the week ended February 28 amounted to $6,454,232,
against $5,472,428 last week and $6,109,408 two weeks previ¬
ous.
The following are the imports at New York for the
weekending (for dry goods) February 23 and for the week
ending (for general merchandise) February 24; also, total
since the beginning of the first week in January :
Gen’l mer’dise..
Total 8 weeks..
In
our
FOREIGN IMPORTS AT
1885.
NEW YORK.
1886.
$2,884,169!
5,043,594)
$7,927,763
$3,806,578;
7,857,400,
$11,663,978!
1887.
$3,611,215!
6,222,705)
1888.
$3,917,303
6,380,004
$9,833,920^ $10,297,307
7,205'
5,000
73,019,
17,138
32,100
12,374 j
Total 1888
Total 1887
Total 1886
$2,090,154)
2,809,886)
$52,5281
$458,363
1,516.285:
3,219,571
Silver.
Germany
7,629,517)
1,710,938
Imports.
Week.
Since Jan. 1,
$1,826,930
$12
4,439
8,947
62,420
3,034
7,361
77,600
1,900
West Uidies
Mexico
South America
All other countries.
51,553
4,136
776
18*468
Total 1888
Total 1887
Total 1886...
$767,959
3,275,764
135,862
since Jan,1.
$270,000
10,000
France
2,983
53,772
69,797
37,902)
Exjiorts.
,
Great Britain
849)
108,458
30,020
189,458
$280,000; $2,084,909
$34,932
55,231
$275,671
292,651
167,814
1,493,365
2,615,618
284,434
the
above
imports for the week
41,731
176,729
18&8, {^7,389 were
American gold coin and $5,G12 American silver coin. Of the
exports during the same time $i 7,000 were American gold
in
coin.
New York City*Banks.—The following statement shows the
jondition of the Associated Banks of New York City for
the
xroph ending
February 25, 1888:
Average Amount of-
Banks.
Loans and
Discounts.
$
New York
Manhattan Co....
Merchants’
Mechanics’
America
Phenix
Tradesmen’s
Chemical
Merchants’ Exch.
Gallatin National.
Butchers’ & Drov.
Mechanics’ & Tra.
Greenwich
Leather Manuf’rs.
Seventh Ward
State of N. Y.
Americ’n Exch’ge.
Commerce
Mercantile
9.391.000
0,876.300
8,195,000
11,799,900
3.591.000
8,153.100
2.727.600
19,445.800
3.564.400
4.924.200
1.951.800
Republic...'
Chatham
Peoples’
North America....
Hanover
Irving
Citizens’
Nassau
Market & Fulton.
St. Nicholas
Shoe & Leather...
Exchange
...
Continental
Oriental
Importers’ & Trad.
Park
North River
East River
Fourth National..
Central National.,
second National..
Ninth National....
First National
Third National....
N. Y. Nat. Exch...
3owery
N. Y. County
German-Americ’n.
Chase National....
Fifth Avenue
German Exchange.
Germania
United States....
Lincoln
Garfield
Fifth National
B’k of the Metrop.
West Side
Seaboard
Sixth National....
Western National.
19,837,200
18 992,900
1.939.800
1.374.300
16,967.400
7,000,600
3,451,000
5.162.700
1.438.600
2.425.200
2.126.500
2.561.600
5.832.600
511.200
6.299.500
10.571.400
2,948.000!
910.000
134.800
12,091.200,
641.800
493.400
20.795.600
356.300
3 936 000
584.100
658.600
120.200
205.000
3.969.900
1.910, *00
2,165,000
104.300
273.700
1.121,200)
*2*600
1.295.500
535,600
43,400
891,000
861.400
2.979.700
1,957.000
1.133.500
16.058,000
13.749.400
380.400
781.900
318.800
527.800
5.049,700;
618,600
2.825.100
45.000
898,700
42*2*0*6
45,000
580.800
254.100
12,879 600
504.900
45,000
40,700
190.700
270.800
435.800
282.400
82.700
286,000
268,000
704,7 00
400.000
2.890.700
3.020,1 00
46,000
288.000
2.476,700
1.501.200
627.000
993.800
4.081,700
1.102.100
221.500
544.900
687.100
496.800
1.530.400
1,444,000
2,296,700
157J00
108.800
1.822.500
1,055.500
4,223,400!
1.670.000
436,500
3,424,000
4*46*900
5,331,000
5.347.600
45,6*0*6
2,080,000
21.320.500
24,224,000
2,049,300
1,511,000
982,966
10,121,000
8,734,000
180,000
34.900
81*666
4.157.000
1,943.800
20.234.500
45,000
41,000
45,000
444,900
6.425.200
1.270.300
2.602.100
2.725.100
200,400
225,000
180,000
381.400
133.300
198.500
138.400
185,600
1,824.000
2,275,900
1.725.300
932.700
773.700
543.200
303.200
946.300
2»1.700
563.400
355.100
79.300
118.400
234.700
214.700
311.300
297.300
237.200
300.500
8.598.600
656.500
l/^.'rO 0
742.200
90,100
3 180,000
443.000
258.200
151,000
623.600
151.100
572.400
417,000
1.425.800
2.712.100 i
78,200
278.600
3.298.500
180,000
4.113.500
4.756.500
174.100
3.704.500
250,000
246.400
780.700
2.233.700
96*6*0*0
*83,900
700,000
1,053,000
2.433.500
4.612.700
262,000
512.400
78.000
906.900
238.700
678.000
2.608.400
45,000
2.533.300
409.700
635.300
3.635.400
2.496.800
45,000
7,219,000
1,277.900
254.700
1.626.H00
7.795.300
10,630,000'
9.530.0001
7,414,700!
8,139 300!
2,712,000!
9,018,400
5.196.400
2.586.800
426,000
5.1O4A00
21,819.700
712 700
242.000
1,211,300
2.749.800
2.554.500
4.324.400
1,925.000
3,131.0oO
5,983.0t0
4.222.300
2,100.000
2.060,000
4,073,000
4.385.500
962.500
4.485.300
2.177.300
2.615.800
12,335.100
2,901,000
$
1,132.000
731.100
277.900
404,000
16,912.500
Circula¬
tion.
860,000
122.500
3.645.000
i
$
102.000
16,037.000
other
than U.S.
1,010.000
384.900
2,012,000
1.153.400
3.141.200
1.300.200
Net Deposits',
1,890.000
1,460.000
1.545.400
602.000
2.408.800
9,231 200
Pacific
Corn
$
10 910.000
5.615.500
8.255.700
Broadway
Legal
lenders.
Specie.
6.260.400
2.387.100
8.102.600
3,618.000
3.112.700
2,7 79,800
4.698.900
3.196.200
2.757.300
1.650.500
4.569.700
2,098.200
2.959.900
2,045,600
43.900
*67*500
45,000
44,900
45,000
130,700
7.165.100
40,100
180,000
45,000
'366,680,600;77,Oil,100 33,306,100 380,407,100
7.660.7f ft
$55,851,829
$07,877,821
$73,071,057
$75,901,995
one
EXPORTS FROM NEW YORK.
1885.
1,948,488
Boston Banks.—Following are the totals of the Boston banks:
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 February 23, 1888, and from
January 1 to date:
Total 8 weeks..
$1,768
.420,902
174,709
44,028
Total
report of the dry goods trade will be found the im¬
For the week..
Since Jan. 1
$19,089,584 $21,480,589 $24,518,686 -826,296,981
36,762,245,
46,397,232, 46,552,971) 49,605,014
ports of dry goods for
Prev. reported..
453,363
....
City
National Banks.—The following national bank has been
organized since last advices :
Dry Goods
:
5,000
1,248
West Indies
Mexico
South America.
All other countries.
28,080
28,023
28,306
29,774
1880-7.
December
months.
2,141
9,581
January
February
2,439
9,400
9 479
Pen¬
10,500
0,900
15,087
sions.
14,750
10,910
$
2,258
10 758
Ordi¬
*
11,448
9,480
29,128 |
nary.
*
July
August
September
Total
Since Jan. 1.
Week.
$45,261
Germany
Or
1887-8.
Disbursements.
Gen’l mer’dise..
Since Jan. 1.
Great Britain
France
18-6-7.
Cus¬
*
July
Dry Goods
Imports.
_
000s Omitted.
For Week.
Exports.
Week.
Government Revenue
Total 8
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
Gold.
©uramerchtl and JUtsceUaweous Hews
..
[Voi, XL\I,
1886.
$5,860,353
$5,246,043!
47,372,015
$53,241,368
1887.
$
Feb 11 148,307.800
18 143.590.000
"
25 143,689.200
“
39,195,595j
$6,454,232
41,288,122
$44,441,6381
$44,543,119
$47,742,354
Specie.
$
9,120.000
9,357,500
9,561,100
L. T’nders. Deposits.*
$
$
3,565,000 111,368,300
3,307,400 111.085,900
3,327,100 109,892,200
Circula’n.
Agg.Cl’nga
$
6.4»9,000
82,059,448
9.433,100
6,460,900
Philadelphia Banks.—The totals have been
1888
1888.
$7,870,140
36,672,979
Loans.
1888
Feb
"
"
11
18
25
Loans.
$
87.134.100
86.629,500
86,498.600
Lawful
Mon!y Deposits.*
$
23,3c3,300
23,257,400
22,871.600
$
84.382.600
83,921,200
83.802.600
"Including the item "due to other hanks."
as
$
82 654.910
63,991.688
follows:
Circula’n
Agg.Cl’ngs
$
$
2.314,590
2.322,150
2.321,740
52,869,235
56,469,292
51,240,57$
March 3,
THE
1888.]
CHRONICLE
Seattle Lake Shore & Eastern.—-This road will open in a
days its line to the Sqiiak coal mines, 54 miles from
Seattle. These coal mines are said to be the largest on the
Pacific coast. The Seattle Coal & Iron Company, with a
few
capital stock of $5,000,000, is ready to ship at
once at least
400 tons of coal a day over the S. L. S. & E. RR.f and within
60 days the tonnage per day will be double the above amount.
An additional 40 miles of road has just been put under con¬
tract, to be completed during the summer of 1888.
The pro¬
jected line is from Seattle over the Cascade Mountains and
through the wheat-producing district of Washington Territory
to Spokane Falls on the Northern Pacific Railioad.
277
—The financial report of the Equitable Life Assurance Soci
ety, published in the Chronicle to day, shows that it ranks first
among its leading competitors in the following particulars:
Outstanding assurance, $483,029,562; new business, $138,023,105; surplus, $18,104,255; income, $23,240,849, and premium
income, $19,115,775. Its assets have increased during the year
more than those of any other
company, and it has a larger per¬
centage of assets to liabilities than any other. The prosperity
of the Equitable is attributed to the fact that it is
organized on
the mutual basis, and has from the first been
pushed with
great ability by Mr. Hyde and his associates.
It pays its
claims with promptness and issues a policy which is
said to
combine many advantages and guarantees.
This is known as
the free tontine policy, which is without restriction as to
travel, residence and occupation after the first year; is incon¬
testable after two years; is payable immediately
upon the
death of the assured and is non-forfeiting (having a surrender
value in paid-up assurance) after the third year.
Standard Oil Trust.—The investigating committee of the
Legislature has brought out, with other things, the follow¬
ing facts concerning tiiis famous “Trutt”: It was formed in
January, 1882, under an agreement of about fifty oil refiners
in different parts of the country.
These companies had sur¬
rendered their stock to a board of trustees, and received in re¬
turn a certificate representing their proportionate value.
—Tne Maxwell Land Grant Company offers an issue of
The
present capiral stock of the “Trust” was $90,000,000. It had $2,500,000 6 per cent prior lien gold bonds, for which proposals
been increased to that from $70,000,000.
will be received at 9434 flat on March 5
by Messers. Lee,
“Were these certificates not in excess of the real value of Higginson & Co., B
>ston, or
Chase & Higgins-on, New
the stock, or, in other words, could not the trustees issue cer¬ York, by
Messrs. N. Thouron & Co., Philadelphia, and by the
tificates representing $200,000 upon receipt of stock represent¬ Maxwell Land Grant
Company at Amsterdam, Holland. The
estate on which the bonds are secured cousists of about
ing $150,000?” was next asked.
“No, sir.”
1,700,000 acres of land in Colorado and New Mexico. Full
“Then there was no water with the oil?”
particulars will be found in the advertising columns of the
“None whatever,”
Chronicle.
Mr. Rockefeller said the trustees of the “Trust”
were
O. H.
Payne, of Cleveland; W. G. Morgan, of Philadelphia; H. M.
Flagler, J. A. B ;stwick, John B. Archbold, Charles Pratt,
William R-tckef ller, Benjamin Brewster and John D. Rocke¬
feller, of New York. The total preduct of the oil refining in¬
terests of the country last year had been about 27,000,000 or
28,000,000 barrels, of which the ^Standard Oil “Trust” pro¬
duced about 75 per cent.
Its capacity was equal to the total
product of last year.
A tabulated statement given to the committee, showed the
number of companies now in the Standard Oil Trust, their
capital stock, and to what extent the Trust controls them. It
is
as
follows:
NEW
YORK. STATE.
Covered
Cap. Stock.
Name of Company.
$300.000—Acme. Oil
200,000—Atlas Retiniug Oo
Business.
Oil products.
Oil products.
Lamp Wicks.
Oil products.
Oil products.
Oil products.
•
25,000-American Wick Man. Co..
{ 300,000—Basil
Deuslow Man. Co.
500,000—Chcsbrough Mam if. Co...
200,000—Central Retiniug Co
300,000-Devoe Manuf. Co
100,000—Empire Ref. Co.(Limited)
100,000 —OsAvcgo Manuf. Co
500,000—Pratt Manuf. Co
5,000,000—standard Oil (N. Y.)
250,000-Stone A Fleming Manuf..
by Trust.
Entire.
Entire.
Entire.
50 p. c.
2 6 b 1-5000
67*2 p. c.
Entire.
SO p. c.
Entire.
Entire.
Entire.
Entire.
SO p. c.
75 p. c.
P’krs. of oils.
Oil products.
Wood cases.
Oil products.
Oil products.
Oil products.
25'>,000—Thompson & Bedford
Oil products.
25,000—Vacuum Oil Co
Oil products.
—Messrs. Rand, McNally & Co., 323 Broadway, have issued
Compet tive Rjute
number twelve in their valuable series of
Maps, showing the lines between Chicago and New Orleans,and
the distances by the respective routes.
A notion
auction by
Shares.
SO
50
500
JO
31
Oil products.
(45 per cent paid)
PENNSYLVANIA.
300,000—Acme Oil
400,000—Atlantic Refining
175,000—Eclipse Lubricating Oil..
150,000—Galena Oil Works
300,000—imperial Retiuing
1,000,000—Producers’ Consolidated
Oil products.
Entire.
Entire.
Entire.
Oil products.
Oil products.
Oil products.
Oil products.
Land & Petroleum
4 Pennsylvania Coal
4 Mexican Telegraph
.
1 Brooklyn Art Assoeiat’n $72
200 U. S. Dredging A Canal
Construction Co
3
100 Ball Electric Light Co... 20
100 Home Insurance Co
125
25 Standard Gas Co., pref... 80
Bonds.
Co...202*4
Co...101
26 ('eat. A South Am. TeL Co. 99
$1,000 Oswego A Rome RR.
8 Intermit. A Ocean Tel. Co. 91
Co.. 1st: 7s, 1915
128*2
12 Eleventh Ward Bank ...200*2
$2,000 liar. Riv. A Portchest.
50 Tradesmen’s Nat. Bank..106
;
RR. Co., 1st, 6s, 1903 ..122*2
20 Home ins. Co
125*2 $10,000 JIar.Riv.A Portchest.
100 Long Islai (1 Bank
RR. Co.. 1st, 7s, 1903.. 134
11978
20 Bank of the State of N.Y.118*8
j $2,000 Citizens’Gas-Light Co.
6 Equit’eGas-L’t Co. of N. Y.l 11 *4
of Westchester Co.,N.Y.,
10 Knickerbocker lee Co
U 2
1st, 0-, 1906
103 Aint.
100 American Loan A Tr. Co 100
$1,500 Arkansas State Levee
50 Second Ave. RR. Co
bonds,
11278
July, 1873, ep.on. 378
Ranking and fftuanctat.
WM. EDWARD COFFIN.
WALTER STANTON.
COFFIN
86*4 p. c.
&
STANTON,
Entire.
Crude oil.
Crude oil.
25,455,200—National Transit
400,000-Standard Oil (Pa.)
100,000—Signal Oil Works
22*2
North River Bank
136
Farmers’ Loan A Tr. Co..404
Hamilton Eire Ins. Co...108*2
42d St. A Grand St Ferry
HR. Co.
208
5 N. Y. Sun Pub. Co $3,350 p. sh.
Entire.
Entire.
Entire.
Oil products.
Oil products.
Shares.
20 N. Y. Bowery Fire Tns. Co. 139**
5 Mercantile Fire Ins. Co
60
15 Fifth Ave. Transpor’11 Co. 69*2
Metropolitan Nat. Rank
NEW JERSEY.
350,000— vagle Oil
75,oo0— McKirgan Oil.
3,000,000—Standard Oil (N. J.)
Sales.—The following were sold this week at
Messrs. Adrian H. Muller & Son :
BANKERS,
6532100
94 p. c.
Eutiio
38
p. c]
Oil products.
Oil products.
11
WALL
STREET,
NEW
YORK.
NEGOTIATE
omo.
1,000,000—Consolidated Tank Line..
50,000 —Inland Oil Co
3,500,000—Standard Oil (O.)
500,000-Solar Re tilling Co
Petroleum products.
Petroleum products.
Oil pro >ucts.
57 p. e.
50 p. c.
Oil products.
Entire.
State,
Municipal,
Railroad.
Water
and
Gas
Bonds*
MONEY ADVANCED ON MARKETABLE SECURITIES.
Entire.
KENTUCKY.
600,000—Standard Oil.Co
Petroleum products.
Entire.
WE
MARYLAND.
600,000—Baltimore United .Oil Co.
WEST
Oil products.
OFFER
FOR
SALE
5059-6000 p. c.
A
LIMITED
AMOUNT
OF
VIRGINIA.
200,000—Camden Consolidated Oil.
119,100—West Virgiuia^Oil Co
Oil products.
Oil products.
Eat ire.
47 *2 p. o.
KANSAS
CITY,
KANSAS,
ILLINOIS.
500,000—P. C. HandfordOil
Oil
products.
51 p. c.
product.
Entire.
Oil product.
50 p. c.
SEVEN
PER
CENT
MINNESOTA.
100,000-Staudard Oil
Oil
Price,
MISSOURI.
400,000-Waters A Pierce Oil
100,000—Beacon Oil
100,000—Maverick Oil
MASSACHUSETTS.
Oil product.
product.
Entire.
Entire.
Oil product.
Oil product.
60 p. c.
62
p. c.
Oil
and
ORIS W O E D
3
IOWA.
600,000—Standard Oil
300,000—Continental Oil
104
IMPROVEMENT RONDS.
Wabash.—Gen John McNulta, receiver of the Wab sh, has
filed his report for January, a synopsis of which is as follows :
WALL
MARCH
Accrued
&
Interest.
GIEEETT,
STREET,
N. Y.
INVESTMENTS.
RECEIPTS.
Balance cash Dee. 31,1887
Receipts on accounts prior to April 1, 1887
Receipts on current accounts
334,029
100 |
725,257
Total
DISBURSEMENTS
April 1, 1887.
coupon on first
Balance, cash
TO
BUY
CHOICE ISSUES OF CITY
TOWN BONDS TO NET INVESTOR FROM 4*4 TO
534 PER CENT.
W.
$1,886
mortgage bonds
Total
IF YOU WISH
•
..
Deposit for .payment of
US
COUNJ^OR
$1,059,386
On accounts prior to
On current account
WRITE
653,474
122,944
J.
FOREIGN
IIAVES
A
&
DOMESTIC
SONS,
BANKERS,
$778,304
on
hand Jan. 31, 1888
$281,082
i
143
Superior St.,
Cleveland, Ohio*
THE
273
-i
-g.—
■
The following were the rates of
York at the under-mentioned cities
ankers’ (gazette.
ghc
premium; selling $ premium;
dividends have recently been
When
Per
Name of Company.
Cent.
243
Air Line
Eastern, Massachusetts,
Payable.
Books Closed,
(Days inclusive.)
pref—
Li 1 tie M i imi
(quar.)
Pittsburg Youngst’n & Ash.
West Jersey
West Jersey & Atlantic
pref
.
WALL STREET,
3
2
343
3
242
6
1
10
19
15
15
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Feb.
1 to Mar. 11
Mar. 10 to Mar. 18
Feb 25 to
Feb. 25 to
Mar.
14s
FRIDAY, March 2, 1SS8-5
F. M.
and Financial Situation.—There
have been some features of interest this week to relieve the dull
monotony of affairs in Wall Street. Chief among these was
the introduction of dealings in petroleum certificates among
the unlisted securities at the Stock Exchange. The new busi¬
ness started off well, and it was supposed to represent about
the volume of transactions that had previously been done at
the Consolidated Board for Stock Exchange members.
In all
controversies and rivalries between parties competing in busi¬
ness, there are methods of warfare which are mean and small
and others which are generally acknowledged to be fair an d
•open; and whatever may be thought of the course pursued in
other matters, it must be allowed that placing petroleum certifi¬
cates on the Board list is a fair and legitimate method of fight¬
ing the Consolidated Exchange with its own weapons.
The stock market has been clouded a little this week by the
Burlington & Quincy strike, and other minor matters such as the
decrease for one month of Reading’s earnings during the strike
in January.
It was also reported that selling for foreign
account had something to do with the weakness in certain
stocks on one or two days, and this was rather a novel feature,
as the foreigners have been such steady buyers during a year
past.
The Chronicle to
Prime hankers’ sterling
Prime enmmereial
Documentary
Paris
day gives recent sales of
The Bank of
4 74
3 96
@ 4 80
@ 4 OO
Span’ll Doubloons. 15 60
Mex. Doubloons..15 55
Fine gold bars....
par
@15 85
Exchange seats
$660; N. Y. Real Estate,
Philadelphia Stock, $2,600;
England weekly statement on Thursday showed
of reserve to
week; the discount
The Bank of France
gain in specif of £394,000, and the percentage
liabilities was 44-90, against 46’78 last
rate remains unchanged at 24 per cent.
gained 450.000 francs in gold and 525,000 francs in silver.
The New York Clearing House banks in their statement of
February 25 showed a decrease in surplus reserve of $2,736,950, tin* total surplus being $15,200,425, against $17,937,375
the previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks:
1888.
Ft h. 25.
!
Feb. 26.
1886.
Feb. 27.
$
$
1887.
Diffr'nc's fr'm
Prev. Week.
1
1
Loans and disc’ts.
Specie
Circulation
Net
deposits
Legal tenders
$
’
431,200 368,413,500 349,677,000
87,068,800 92,343,600
| 77.013,100 Dec.2,832,300
8,66(5,100
19,500
7.606,700
|
7.680,760 Inc.
:3F0.467,100 Dec.2,441,800 387,462,800 390,252,100
i 33,306,100 Dec. 515,100 21,189,900 31,157,200
360,030.600
Legal reserve
Reserve held
! 95,116,775
Surplus
!
Inc.
Dec.
610,450i 96,865,700
97.563.025
:110,317,200 Dec.3,317,400:108,258,700 123,500,800
15,200,425 Dcc.2,736,950 11,393,000 25,937,775
Exchange.— Sterling exchange has
been fairly active at
times during the past week, and although the demand has not
been remarkably brisk it was greater than ,tlie supply, and all
classes of bills were scarce, especially commercial.
The mar¬
ket has also been influenced somewhat by the sales of stocks
foreign account, though this movement was not extensive.
prices have been strong and higher,
and posted rates were advanced ^c. on Monday to 4 86@86£
and 4 88 @88$, which have been maintained since.
To-day the rates on actual business were as follows, viz.:
Bankers’ 60 days’ sterling, 4 85$@4 851; demand, 4 87$@4 87$
Commercial bills were 4 84$@4 84f.
•Cables, 4 87£@4 88.
Continental bills were: Francs, 5 20@5 20$ and 5 17$@5 18$;
reienmarks, 95$@95f and 95$@95$; guilders. 40$@40$ and
40f@40$.
for
Under these circumstances
864> 4 88
85
@4 88%
4 34%3»4 84%
5 20
@5 193s 5 18%@5 17%
403^@ 40% 4038 ®407jg
954j®95®8
95% ® 95:j8
(francs)
X X Reichmarks..
X Guilders
Chicago Board of Trade, $1,890.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 2 to 3 per cent,
with exceptional business at 4 and 5 per cent; to-day the rates
were 2@3 per cent.
Prime commercial paper is quoted at 4$
a
4 86
@4
4 844a®4
Coins.—The following are quotations in gold for various coma:
silver bars.. — 95%@
96
$4 85 '@$4 88 Fine
Five francs
— 93
@ —■ 95
89
3 85 @3
Mexican dollars.. — 7443® — 75%
follows: New York Stock Exchange, $19,000; Consolidated
Stock & Petroleum, $1,000; N. Y. Produce, $1,700; N, Y.
@5$ percent.
bills on London..
commercial
Sovereigns
Napoleons
as
Cotton, $1,400; N. Y. Colfee,
$1,110; Boston Stock, $14,000;
Demand.
Sixty Days.
Amsterdam (guilders)
Frankfort or Bremen (relchmarks)
15 Feb. 2G to March 15
Mar.
Money M,Trket
or more
Chicago, par@25c. dis¬
bank, par; St. Louis, 75c. premium;
count.
The rates of leading bankers are as follows:
12 to
•
ffligcellaneoug.
Delaware & Hu<ty Canal (quar.)..
The
Charleston, buying 1-16 premium;
March 2.
Railroads.
Atlanta & Charlotte
announced :
domestic exchange on New
to-day: Savannah, buying
Orleans, commercial, 50@75c. premium;
selling $ premium; New
DIVIDENDS!
The following
[Vol. XLVI.
CHRONICLE.
United States
74
74
@
@
English silver.... 4 80
@%prem, U. S. trade dollars —’74
@
Do uncommerc’l
Peruvian sols
—
—
@15 75
—
@
75
4 86
......
Bonds.—Government bonds have been very
tendency of the market has been down¬
slight. The passage of the bill
in Congress authorizing the Secretary of the Treasury to buy
Government bonds in the open market without limit of price
would probably have the effect of stimulating holders to
dull, and the general
ward, though the changes are
advance their views.
The closing prices
at the N. Y. Board have
Interest
Periods
Feb.
25.
Feb.
27
Feb.
23.
been as follows:
Feb.
29.
Mar.
1.
lOOie -10630 *10630 *106
Mar.
2.
106ia
4428,1891
reg. Q.-Mar.j*106%
107^8 10742 *107% xl06% 1063a
41*8,1891
coup. Q.-Mar. *107^
*125% *12538 *12538 *X24% *124%
Q.-Jan.
*1254?
4s, 1907
reg.
*12512 ’1253a *12538 *125% *125%
4s, 1907
coup. Q.-Jan. i* 12512 *120
*120
*120
*120
*120
&
J.'*120
J.
6s, cur’cy,’95
reg.
*122
*122
*122
*122
*122
J.
&
J.
|*122
6s, Cur’cy,’96
reg.
*124
"124
*124
*124
*124
&
J.i*124
,T.
6s, cur’cjr, ’97—reg.
127
*126
*126 • *126
*126
J.
<fc
J.
1*126
6s, cur’cy,’98....reg.
1*128 i*128 *128 *128 *128
&
J.
J.[*128
6s, cur’cy,’99
reg.
*
This is the price
bid at the morning
board; no sale was made.
State and Railroad Bonds.—State bonds are still somewhat
neglected, the dealings being very limited and without special
significance.
Railroad bonds continue to attract some attention, and the
dealings have been "relatively more important than in stocks
daring the past week. But there is no special animation in
the general list, though one or two specialties had little spurts
of activity.
Erie 2ds have been rather conspicuous, having
been freely sold and depressed somewhat by bear attacks, but
this movement failed to have any important effect on other
bonds.
Chesapeake A, Ohio bonds of different classes, after
continued weakness in the early dealings, became much firmer,
and scored an advance of two or three points.. Rock Island
5s were a little firmer, though they did not recover much of
their previous decline, and are still lower to-day.
Railroad and Miscellaneous Stocks—The stock market
has been irregular and fluctuated a little more than of late, on
a small
volume of business. In the early part of the week
prices tended downward, and some of the leading stocks
were quite weak under various unfavorable features.
There
have been recoveries and times of firmness and even strength
since then, though the fluctuations, except in a few cases, have
been somewhat limited.
The transactions on London account
are reported of some importance this week, and prices have
been affected by these dealings, as well as the sterling exchange
market. London has both sold and bought our stocks, though
the selling, on the whole, has probably been more than the
buying. The strike of engineers and firemen on the C. B. & Q.
road, which was inaugurated Monday morning, has been an
unsettling influence, and helped the bears in their operations.
C. B. & Q. stock gradually fell off a few points, though no
general selling movement has resulted in this or any other
stock.
The
principal feature of the market, however, has been the
of the leading stocks. The Erie stocks
sharply depressed, without any adequate
explanation, though it was rumored, and promptly denied,
that the company contemplated a reduction in wages that
Louisville and Nashville
would result in a strike on its lines.
was also weak in the early dealings, though it subsequently
recovered and sold higher “ex-dividend” than it had the day
previous with the dividend on.
The Richmond Terminal
stocks have been less conspicuous than they were the previous
week, though still maintaining a fair share of attention, and
have been quite irregular.
Reading has been quite weak
with considerable transactions, due to the heavy decline in
earnings in consequence of the strike.^ It has not recovered
movement in a few
and bonds were quite
as
well
As
a
as some others.
whole, the market has been very
irregular and uncer¬
tain, with the general tendency downward and prices closing
near
the lowest figures.
Legislation at Washington has
attracted some attention, and the outcome of the surplus and
tariff
questions are awaited with interest.
March
THE
3,18t8.]
CHRONICLE.
279
STOCKS—PRICES AT N.Y. STOCK EXCHANGE FOR WEEK ENDING MARCH 2, AND SINCE JAN. 1, 18S8.
STOCKS.
Saturday,
Monday,
Tuesday.
Feb. 25.
Feb. 27.
Feb. 28.
Active HR. Stocks.
*10
10%
Atlantic & Pacific
57
57
Canadian Pacific.
53
53%
Canada Southern
81% 81%
Central of New Jersey.
30
30
Central Pacific
3
2%
•
Chesapeake & Ohio
5
Do
Istpref.
*4
Do
2d pref..
Chicago Burlington A Quincy. 126% 126 *12
77
773*
Chicago Milwaukee & St. Paul.
Do
pref. 116 116
1075s 108^8
Chicago & Northwestern
Do
pref. *1431*2 1441*2
Chicago Rock Island & Pacific. 11214 113
Chicago St. Louis & Pittsburg. *12% 14
37
Do
pref. *36
Chicago St. Paul Min. A Oiu... *38is 38 34
Do
pref.
10
*54
52%
80%
.
29
*62
22i*i
3
4:
4
126
77
115*4
*35
37
*37i2 38
1061*2 106 34
Long Island
Louisville A Nashville
Chicago...
Manhattan Elevated, consol..
Memphis A Charleston
Michigan Central
Missouri Kansas A Texas
i
Missouri Pacific
j
Mobile A Ohio
j
Na8hv.Chattanooga A St.Louis-
New York Central A Hudson.1
New York Cliic. A St. Louis... I
Do
Istpref.!
Do
2d
New York Lake Erie A Wcst’11
Do
pref. j
New York A New England
!
New York Ontario A West
New York Susq. A Western...!
Do
pief.i
Norfolk A Western
•
Do
pref.
Northern P tcific.
Do
prcf.j
Ohio A Mississippi...
pref..|
Trans-Continental..!
Peoria Decatur A Evansville.!
j
Philadelphia A Rending
15%
451*2
907s
15%
45%
91
11*4
263s
67
*31 %
92
58
56%
92
17
4
90%
90%
1534
85 |
121*2
78
107
16
67
32 34
26*8
60
•
15%
*15
45%
91%
*45%
90 34
92
*90
58%
17
21%
M
20%
20 %
18%
l!
18%
65%
2234.
20*8
*18%
65%
11
22%
1
>!
65%
85%
23%
66%
85%
>'
33
33
66
31
25
57
26
5.)
;>;>
! 102
102
90 34
11 %
21 %
53
25%
53%
★
14%
OOS,
—
44%
36%
*15%
*8 34
30 34
1)
30 34
8%
44%
16%
4334
2ix>
45
44%
21
19
85%!
85
I
*32%
71%
37%
57%
37%
16%
20%
2334
33
71
66
65 3s
24%
66%
85
34
%j *33
I 70 34 71%
I
100% 100%
109% 109%
100% 100%
*.
i
I
24%
55%
13%
36
*110
25%j
55%
25%
55%
25%
13%' *13%
5638
11%
2li*i
21%'
25
25
53%
53%'
533s
53%
36%
37%
37%
37%
112
145
73
73
131
|
108% 108%'
50% 51%
;>
Jan. 20
Feb. 13
Jan. 30
850;
44
3 /;
89
j
i
J4
108
50
93
75%'
108%
50
93
|
142
*140
107% 107%
73
73%
130% 131%
145
! *140
37
50
93
35%
i'42"
78%
I
320
200
52
SO 34
65
97
Jan.
Feb. 11
Feb. 15
73%
73%
97%
73%
97%
15
50:
300!
2,865
2,451
970
92%
35 j
914
101
140%
78% 78%
131
109%
72% 72%
1,(5351
I
8 10
449
2
<
*.>%
86
4
6
98
99%
140
j’ 136
41%
41%
*3%
5%
3%
5%
*3%
34
5%
86
*86
i'39% i'39%
153% 153%
*10% 12%
35
35%
*35
39
*35
*35
8%
8%
26%
30%
26%
1
30%
91%
*9*8 ” idd
41%
138
41
00
*8934
140
41
90
*98
110
89%
100
140
89 34
78
3%
6%
88.
139% 139%
153% 153%
*10% 11
35% 35%
4 53
97%
27
96 34
25
30%
30%
30%
30%
30%
30%
94
92
93%'
30%
92%
the prices bid and asked; no sale was made at the Board.
96%
26%
30 34
30 34
93%
30%
93%
153% 153%
31
30%
94%
1
29
29
24
27
311-' Jail. 20
Jan.
9
Jan.
5
Jan.
3
Jan. 27
Jan. 27
Jan. 30
29% Jan.
9
65% Jan. 10
37
39% Jan. 10
18% Jan.
9
9% Jail.
7
33% Jan. 30
30
30%
92%
94
j Lower price is ex-dividend.
2
30
10
10
31
18
11
18
23
23
31
5
30
16
3
28
23
30
3
3
6
13
38% Feb. 17
15
78
Jan. 18
3 112
Jan. 30
Jan.
103
55
Jail. 18
5
45% Jail.
5 94 % Feb.
3
89% Jan.
31% Jan. 24 37% Jan. 16
99
Jan. 18 106% Feb. 15
5 144 % Jan. 30
140
Jan.
79% Feb. 24
23
Feb. 27 145
3 108%
Jan.
4
74
Jan.
Jau. 19 132
Jan.
Jan.
Jau.
Feb.
23
25
20
24
I
70
Jan.
31; 98
6 135
12!
75
Feb. 10
41
300
300
Jail. 20: 99% Feb. 25
Jan.
Feb.
9440% Feb. 10
23j 43% Jan. 30
Mar. 2 94% Jan.
Feb. 23 41% Feb.
Jan.
Jail. 27 J 94
80
Feb.
Jan.
100
4% Jail.
3% Feb.
375
5
Mar.
6% Feb.
Feb.
100
91
83% Jan.
13934 Jan.
181 135
Jail.
140451
Jan.
153% Feb.
101 10
Jan.
13% Jan.
700! 33% Jam
38% Jan.
89%
•10%
91 %
75%
36
Jail.
39
26
21
9
2
9
24
7
27
29
12
10
Jan. 11
734 Jail.
88% Jail.
1,100, 25
Feb.
934 Jan. 27
97% Feb. 25
30
Jan.
9
l,504j 27% Jan.
32% Jan. 30
3,274
34% Jan. 17
97% Jan. 10
50
500
*30%
9% Jan. 11
17%
1830
89%
13%
goo; 93% Jan. 13, 99% Feb. 20
I
26%
30%
Jan. 10
Jan. 10
Feb. 23
873y Jan.
9
80
Jan. 10
104% Jan.
5
71% Feb.
20 112
57 106%
105
07
43 128
39
97
97%
30%
915s
41%
*8934
3 %
11%
35%
97%
26%
438* i'l’d"
39
96
57
4| 73
Mar.
Feb.
57
Feb.
36
Jan.
16% Feb.
,0«>«.*| 1 0% Jan.
292
73%
*xV3% *76%
3%
5%
139% 139%
153%155
*153%
*11
11%
11%
*3534 36%
35%
38
98
78%!
*
*3%
73%
*97%
9
5
80
Jan.
9
Jan.
9
29 108
Feb. 29 1734 Jan. 27
110
212
91%
34%
131
76
3j
Feb. 15
I
’3%
9
Feb. 20
5% Jan.
14
Jan.
8, 95% Jan.
9
91% Feb. 11
04% Jan.
9
9
2
Jan. 10
66% Jan.
1,950
7,990
49
7234 73
131
131% 131% *129
145
55% Mar.
39
14
31
16
20; 47
Jail.
600; 30
59,410 25
49
143
*140
*107
Jan.
900! 76 Jan.
3,155'106% Feb.
623
103
140
11
13% Mar. 2
22,870; 8238 Jan. 20
9% Jan. 6
38
143
*107
145
109
73
5*494
i ds " i ds% i’0'7% ids"
49
Feb.
4
8 % Feb.
5
29% Jan.
16%
1534 Jail. 20! 18% Feb.
Jan.
6,830 42% Jan. 4 47
43%
550! 2034 Fell.
21
8 23
Jan.
44%
2,918; 43% Feb. 9 47% Jail.
550 22% Feb. 28! 25
Jan.
21
1,935 20% Feb. 13j 2234 Jan.
18
I 1,580 17 Mar. 2; 23 Jan.
64% 256,710 63% Jan. 20 67% Feb.
23%: 57,490 21% Jan. 25 24% Feb.
65%;
9,730! 55 Jan. 6 69% Feb.
366 82 % Feb. 13 88
85
i
Jan.
Feb. 27, 36% Jan.
33%
4 25 33
71 %:
1,578; 70% Feb. 13 7334 Jan.
91 111% Fcl). 11 116
Jan.
113
100
54
55
Feb. 27 62% Jan.
265 100% Jan.
100
3 105
Jail.
81 109
Jan. 18 114 % Jan.
5,020 24 !«i Jan. 20 27% Jan.
•10,870: 54% Feb. 8, 58% Jan.
l.OOO; ]3J-> Feb. 11
16
Jan.
2,330; 23r> Mar. 2 28% Jan.
1,200! 443s Jan. 3 55 Feb.
109
*107
73
72%
:
12
85% Jan. 24
1501
1
93% 93%'
92%
31% 35% ’3434 '34%
34% 34%: *3134
101
106
107
105
! 106
j 104
111
141% 112 I 141
110% 142
*140%
78% 78%,
78% 78%: 78% 78%; 78%
142
*129
108%
i
107% 108
1
37%
50
21
112% *111% 112% *111 %
t
36
27% Jan. 16
14% Jan. 24
200;
25%
57%
Feb. 23
50,
200'
°25
300
31
25%
65
Feb. 24
Jan. 10
3
Jan.
Jan. 27
Feb.
3
2,192
25%
58%
"18%
64%
24 38;
67
*29
30
1, 10% Jan. 12
20% Feb. 15! 23%
100 87
Jan. 20 8834
300 40% Jan. 20 403s
200!
4!
8% Jail.
9%
730 115
Mar.
1122%
62,790
72
100
7
13%
i>34 Mar.
20,005 j 9038 Feb.
90
14%
13%
84 %
4! 78
59% Jan. 25
i'.ossj
40
*97
*6
32
17
*31
*16
44
*21
45
OO
!
14
xl08
50
56%
Jan. 24
7
73e Feb.
Feb. 29 130% Jan. 27
1,450;
50
14%
14%
*15%
8%
9
9 9 3.1
85%
110%
25% 25%
5,>
5.)%
37%
*35
90
72
98
6
57%
37%
58%
37%
16%
32%
16%
44%
dm
110
4
55%
40
98
6
30
25%
*31%
16%
43%
*21%
44%
‘>0-7
70% 71%
111% 112%
4,
92
10
Feb. 24
4 116
Feb. 17
4 110% Jan. 30
10;140% Jan. 0145% Feb. 1
1,675 111% Feb. 15 114% Jan. 27
13
Jan.
4! 14% Jan. 10
100
35
Feb. 14! 3834 Jan.
6
6001 36% Feb. 14 40% Jan. 10
205 105% Feb. 14 109
Jan. 27
800! 50
Feb. 28 53% Feb. 16
3 50| 21
Feb. 211 25% Jan.
9
54,775'128% Jan. 5 133% Jan. 30
1,295| 19% Feb, 29 23 Jan. 6
1,047 49% Feb. 29 55
Jan. 28
15 34
46
91%
34 Feb. 27
3% Mar. 2
5,853 124
Jan.
77,310 74
1,013 112% Jan.
37,495 106% Jail.
•>---
*
*
*Ot)
"8%
23%
p
87%
43%
8%
84%
83%
84% 85
11% 1 1 %
11% *11% 11%
78
*77% 78% *77
77% 77%
107% 106% 106%
106% 107% 107
15
15%
15% 15%
15% *15
69
67% 67% *67
*66% 69
23%
15
87%
10%
l!
3
6%
*14%
14
84
44%
*»r>3
64
211*1
Jan. 10
Jan.
3
Jan.
9
Feb. 25
2; 33% Jan. 10
13| 5% Feb. 4
4
5461
1
*
75
100
6%
44 %
19
94
Tennessee Coal A Iron
31
Various Stocks. Ac. (Uni isted.
Amer. Cotton Oil Trust
| 30%
Pipe Line Certificates ;
'
89 %
are
■*65
7
Boston A N. Y. Air lane, pref.'
99% 99%
*136
140
Chicago A Alton
*136
140
*40
Chicago A East. Illinois
34 41% *40% 41%
L)o
90
90
*89% 90%
pref.
Chicago A Ind. Coal Railway.
*40
4 1 %
Do
*89%
pref. "89%
These
91%
57%
*90
156 %
*35
45%
91%
•
9%
*60
21 %
28
Mar.
2% Feb.
1,311
200
"4* 4%
4
J 78% 79
Express Slock is.
*
90%
43% -44 %
94
*141
Western Union Telegraph
Do
pref.
Bt. Louis Alt. A Terre Haute..
Bouth Carolina
Whitebreast Fuel Co
Columbus A Hocking Coal....
*15
40
36%
*1051*2 107
Pullman Palace Car Co
Quicksilver Mining Co
15%
%
91%
45
*35
115
13
*12
50
978
491:
935
*43
8%
*114
116
*12
13
43%
*29%
*15
45
*16%
>
Philadelphia Co., Nat. Gas
Morris A Essex.
Pitts. Ft. Wayne A Chic
50
......
.
*29%
3634
37%
751-2
Pacitic Mail
.pref.
Marquette Hough. A On., pref.
9
......
129% 129%
20% 20%
88
*43
43%
52
......
9%
9%
|
Oregon Railway A Nuv. Co...:
Do
20
50
9%'
13
*15
*8 78
*31
*16
44
Oregon Improvement Co
Cincin. Ind. St. Louis A Chic...
Cincinnati Wash. A Baltimore.
50
20
50
116% 115
116%
0
1638
i
129%
19%
21%
37%
.
*49
23%
129% 130%
21%
*87%
13
38»4
108% 108%
51
64
43%
*8%
35
*38
38%
107%
*61
1638
>'
38%
14
35
*12%
...
.
64
16%%
66%
23 %
-
OO
371*2
45
*21i*i
19
« •
OO
25%
591*2
36%
*45is
23%
2134
4%
| *61
4338
914
1171*2
81
28
142
*106
*49
50
21 io *21
9%
52%
*2%
3%
5%
5%
3%
3%
125% 125%
76% 77
115% 11534
10734 108%
......
•
15
141*2
841*2
*10%
331*2!
265s!
*3‘*J
*16
142
38
38
90%
91 %
*61*2
11%
28
112% 112% 112% 112%
14
1 ‘2 lo
100
*
61
37is
4%
52%
80%
Highest.
9
Mar. 2
1,010
10%
300; 5558 Feb. 6 62%
3,295! 52 Feb. 13; 56%
Jan.
3 8134
12,670 75
9%
57
*98
68
*60
511*2
1014
64
5
143
19%
49%
’?6 " ’VV)
78
7812 781-2!
107Ci 10714: 107
16
151*2 161*2
68
*32
5
4
129
I
28%
*2%
j
84:1± 851*2
53%
Miscellaneous Stodis,
Colorado Coal A Iron
Consolidated Gas Co
Delaware A Hudson Canal...
Adams
American
United States
Wells, Fargo A Co
Inactive Stocks.
American Tel. A Cable Co
Atchison Top. A Santa Fe.
*55
81%
28%
3%
5%
50
40
911*2
92is
56%
70
100
7
*612
*121*2 14 12
16
15 34
|
Do
pref.! 65 34
Rome Watertov n A Ogdensb’g
85
St. Louis A Sau Francisco
*3314
Do
pref. *7 Q
Do
Istpref.,
St. Paul A Duluth
*551*2
Do
pref.J
Bt. Paul Minneap. A Manitoba.1
Texas A Pacitic
!
25%
Union Pacific
;.J
56
Wabasli St. L. A Pacitic
1 *14
Do
pref. *26
Wheeling A Lake Erie
561*2
81
*36
38
50V
'60
4534!
,
.
50
*9%
30
70
*98
iref.
*
37
51 1*2
31
*35
81%
29%
143
i30i8!
*30
15
92%
5614
pref.
Richmond A WestP’tTerminal
**
1161*2 1161*2
59%
80%
29%
112% 113
■
40
53
9
9%
124% 124% 125%
76% 77%
76% 77%
115% 115% 115% 115%
107% 10S% 107% 108%
211*2
*90
52%
‘21 %
13
30
*35
Louis. New Alb. A
Oregon A
i
13
5814
Do
53
22i o!
34!
52
i
641*2'
91
92
9%
5
4
124
“l
*3712 381*2'
*35
10%
Lowest.
Shares.
March 2.
56%
53
Range Since Jan. 1,1888.
Week,
Friday,
March 1.
3%
12434 1251*2
7612 77%i
115
11534
10778 107 5s 108 )
1441*2 *1431*2 14412'
11212 11234 112%
*12i*i 14i*i
14
13
*90
Minneapolis A St. Louis
81%
29
5
11
4534
911*2
9%
80%
*2%
125*2
765s
115%
1073s
11431*2
*1111*2
*12^
1161*2 117
Do
pref.
Lake Shore A Mich. Southern.
Feb. 29.
29
91*1!
Lake Erie A Western
Wednesday,! Thursday,
10
57
53
52%
4318
Kingston A Pembroke
Mil. Lake Shore A West
Do
10
57
81%
29%
2%
434
Cleveland Col.Gin.& Indianap. *5i" ’53' *50
j
Columbus Hocking Yal. ATol. *2114 23i*i
Delaware Lackawanna A West 130% 130% i2*9is
21
22
Denver & Rio G., assessru’t pd. j *21
"
Do
pref. j *51% 521*2 ’
101*2 i
East Tennessee Ya. & Ga. R’y. *10
Do
Istpref.
Do
2d pref..
Evansville & Terre Haute
Fort Worth A Denver City
Green Bay Winona A St. Paul.
Illinois Central
Did. Bloom. A West...
10
57
53
Sales
of the
LOWEST PRICES.
!
HIGHEST AND
29% Jan.
14Q45.000 85% Jan.
; Sales at both Exchanges.
%
THE CHRONICLE
280
ONUS—LATEST PRICES OP ACTIYE BONUS AT N. I. STOCK
Feb. 24 Mar.
2
Lowest.
Mar.
Jan.
Feb.
Mar.
105%b- 105 8.
10415s Feb.
b. 117 b. llli* Jan.
116
121 b. 121 L. 115
Jan.
loO b. 102 b. 102
Feb.
101%
101%
Jan.
98
114%
11312 Jan.
104 b. 104%b. IOII2 Jan.
114 b. 11312 Jan.
114%
115%b. 115%b. 1145s Jan.
San Joaquin Br. 6b. 1900
103
102%b. 102
Jan.
Land grant 6s. 1890
lo3%b. 103 %b. 10278 Jan.
Mort. 68,1936
Ches. A O.—Pur. m. fund 6s, *98 107 b. 106%b. 105 % Feb.
b. 65% Feb.
6b, gold, ser. B.1908, coup, oft 66%b. 67
67
66%
64% Feb.
Exten. coup., 4b, 1986
19
19%
18
Feb.
6b, currency, 1918
101
100%
9012 Jan.
Mort. 6e, 1911
Feb.
Ches. O. A Bo. W.—5-6b, 1911... 103 b. 102%b.| 104
3013s Feb.
Chic.Bur. A Nor.—1st, 5s, 1926.
129% Jan.
Chic. Burl. A Q.—Con. 7s, 1903. 13l%b. 13112
106
b. 10512b. 104% Jan.
Debenture 5s, 1913
91
b.
91*4
Denver Divis., 4b, 1922
i 91% Feb
Jan.
Chic. & East. Ill.-Con. 6b, 1934 117 b. 116%
! 97 Jan.
Chic. & Ind. Coal R., 1st, 5b, ’36 90 a. 98
118
b.
11712b. 114% Jan.
Ch.Mil. A St.P—1st, I. A M.7s, ’97
125^b. 125 b. 123% Jan.
Consol. 7b, 1905
112 b. 111% Jan
1st, So. Min. Div.—68,1910— 11214b.
let, Chi. & Pac.W.Div—5b, ’21 I047eb. 104%b. 101% Jan.
Jan.
Wifl. & Min. Div.—5s, 1921 — 101 b. 10134a. 100
b TOO
101
b. 101
Jan.
Terminal 5s, 1914
Chic. & N. W.—Consol. 7s, 1915 142J4 il41i2b. 139% Jan.
130 b. 130
128% Jan.
Gold, 7s, 1902
120%a. 120i2a. 121
Feb.
Sinking fund 6b, 1929
110% i 111
Jan.
108
Sinking fund 5s, 1929
|108 Feb.
Sinking fund debent. 5s, 1933 108 b. jl09
104% Feb.
25-year debeut. 5s, 1909
; i04%b.
Extension 4s 1926
; 92115a. 91i2b. 92% Feb.
Chi. R. I. A Pac.—6h, coup. 1917.1 133i2b. 13112 1131% Jan.
110418 1104% Mar.
Exten. A col. 5b, 1934
; IO414
iiiy % Jan.
Ch. St.P..M. A O.—Consol. 6s. ’30 121 b. 1121
Ch.St.L.A Pitts.—1st,con. 5b,’32 100 a. TOO a. j 99% Jan.
C. C. C. A Ind.—Consol. 7b, 1914. l28%b. i 127 b. 123 e J an.
llOSicb. 107% Jan.
109
Gen. 6s, 1934
J an.
Col. Coal & Iron—1st, 6b, 1900.. 1013sb. 101% TOO
7012 1 70% Jan.
Col.H. Val. ATol—Con. 5s, ’31 73
70%a. 72 a. : 70 Jan.
Gen. gold, 6b, 1904
b. 119% Jan.
121
Denver & Rio Gr.—lst,7e, 1900 120
78
77% ! 76% Jan.
1st con. 4s, 1936
Jan.
Den. & R. Gr. W.- 1st, 6s, 1911. 72 b. 71 b. 71
63 b. I 65
66%
Feb.
Assented
Feb.
Den. So. Pk. & Pac.—1st, 7b, ’05 80 a. 77 b. ; 77
Det.Mac. A M.—Ld. gr.3%s,1911 3912a. 41 a. | 34% Jan.
E.TemV. A G. Ry.—Con.,5s, ’56 9914 j 99% I 9534 Jan.
Jhn.
Eliz. Lex. & B. Sandy—6s, 1902. 102 b. i 99% i 97
Erie- 1st. consol, gold, 7s, 1920 137i2b. : 132 % i 132% Mar.
112%b.
11314b.
m
Jan.
Long Dock, 7s, 1893
Con. 6s, 1935
! 117 b. 11712 •116% Jan.
95 5b 1 94% Feb.
N.Y.L.E. AW—2d con. 6s, 1969' 98
81
Ft. W. ADenv. C. -1st, 6s, 1921! 8l78
! 79 Jan.
GaLHar.A San.Ant.—1st, 6s,’10 10214b.
1(1% Feb.
98
b.
104
Jan.
2d M., 7s, 1905
91
Jan.
West. Division—1st, 5s, 1931. 92 a.
iLtl. A Pac.—W. D. Inc., 6s,
1910
Guar., 4b, 1937
Oau. South.—1st guar., 5s, 1908
2d | 5b, 1913....■ ••••••
Central of N. J.—1st, 7b, 1890..
Con8oL7s, 1899
Convert. 7s, 1902
Convert, deb. 6s, 1908
General mort., 5b, 1987
Len. A W.B.,con.7s, 1909,a8’nt
Am. Dock & Imp., 5s, 1921. .Central Pacific—gold 6b, 1898..
Feb. 21 Har.
Jan.
94% Jan.
108% Jan.
11734 Feb.
121
3 02
Minn. A St. L.—1st, 7b, 1927
Imp. A Equip.—6s, 1922
Mo. K.ATex.—Con., 6s, 1920...
Consol., 5s, 1920
Consol., 7b, 1904-5-6
Mobile A Ohio—New, 6a, 1927
1st, Extension, 6s, 1927
lstpref. debentures, 7s
Mutual Un. Tele.—S. f., 6b, 1911
Nash. Ch. A St. L.—1st, 7s, 1913
N.Y. Central—Extend., 5s, 1893
N.Y.C. AH.-1st, cp., 7s, 1903
Debenture, 5s, 1904....
N.Y.AHar.—1st, 7s, 1900
N.Y. Chic. ASt.L.—1st, 4s, 1937..
N.Y. Elevated—1st, 7s, 1906....
N. Y. Lack. A W.—1st, 6s, 1921.
Construction, 5b, 1923
N. Y. A Nor.-1st, 5s, 1927
Feb.
Feb.
101% Feb.
114% Feb.
105
Feb.
1143s
115%
103%
104%
114%
705g
70%
Feb.
Feb.
Jan.
Feb.
Feb.
Feb.
28
Feb.
..
Feb.
101% Feb.
10s % Jan.
103
Jan.
! 132
Jan.
N. Y. Ont. A W.—1st. 6s. 1914..
N.Y.Sus.AW.—1st ref., 5s, 1937.
Midland of N. J.—1st, 6s. 1910
N. O. Pacific—1st, 6s, 1920
Norfolk A West. - Gen., 6s, 1931
North. Pacific—1st,coup.,6s, ’21
Gen’l, 2d, coup.. 1933
N. Pac.Ter.Co.—1st, 6s, 1933...
Ohio A Miss.—Consol., 7s, 1898.
!107% Feb.
i
95
Jan.
j 117 %
Feb.
100% Feb.
lllb% Feb.
Jan.
1126
S114
1105
Feb.
Feb.
;101% Feb.
1101% Feb.
143
2d, consol., 7s, 1911
Ohio Southern—1st, 6s, 1921.
Jan.
1132
Feb.
121
illl
Feb.
Feb.
2d,inc., 68,1921
Oregon Impr. Co.—1st, 6b, 1910
Ore. R. ANav.Co.—1st, 6s, 1909
Consol., 5b, 1925..
Oregon A Transcon.—6s, 1922..
Peo.Dec. A Evans.—1st, 6s, '20.
Evansv. Div—1st, 6s, 1920...
2d mort., 5b, 1927
Rich A All.—1st, 7s, 1920, tr. rec
Richm. A Dan.—Cons., 6s, 1915
Debenture, 6s, 1927
Roch. A Pitts.—1st, 6s, 1921...
Consol., 6s, 1922
Rome W. A Ogd.—1st, 7s, 1891.
Consol., extend., 5s, 1922
St Jo. AGd.Isl.—1st, 6s, 1925
2d, income, 5s, 1925
St. L. Alt.A T.H.—1st,' 7s, 1894.
2d, M., pref., 7s, 1894
2d., M., inc., 7s, 1894
Dividend bds, 6s, 1894
St. L. Ark. A Tex.—1st, 6s, 1936
2d, 6s, 1936
St. L. A Ir. Mt.—1st, 7s, 1892...
105% Jan.
Jan
1133% Feb.
;107 % Feb.
•121
Feb.
100% Jan.
1129
109
‘104
Feb.
Feb.
Jan.
7334 Jan.
75
121
Jan.
Jan.
79% Jan.
Feb.
68% Jan.
80% Feb.
137% Feb.
Feb.
117% Mar.
9978 Jan.
Jan.
Jan.
105% Jan.
92% Jan.
2d, 6b, 1931
Jan.
Gr*n B. W. ASt. P.—2d inc. 8s, 1911 30 b. 30 a. 30
119
Jan.
Gulf Col.A8an.Fe—let,7s, 1909 121 b. 121%
97%
97%
96% Jan
Gold, 6a, 1923
Henderson Br.Co.—1st. 6s, 1931 llO^b. 107 b. 108% Jan.
113 b. |H2%b. 113
Feb.
H. & Tex. C.—1st M. L. 7s
114
lBt, West. D., 78,1891
let,Waco & N. 7s, 1903
2d, consol. M. L. 8s, 1912
a.
114
a.
lUo
Gen. mort. 6s, 1921, tr. rcc...
Ind.Bl. & W.—lst.pref., 7s, 1900
1st, 5-6b, 1909, tr. rec
2d, 5-6s, 1909, tr. rec
East. Div.—6b, 1921, tr. rec..
69
a.
70
111
b. 88
a.
...
112
Feb.
112% Jan.
102
Feb.
65
Jan.
94% Jan.
96%
96%b.
E. H. A N—1st, 6s, 1919
114%b. 114 b.
112%
11278b
General, 6s, 1930
Trust Bonds, 6s, 1922
109 b. 107% a.
102%b. 104 a.
10-40, 6s, 1924
Lou. N. A. A Ch.-lst, 6s, 1910. 109%b. 110 a.
Consol., gold, 6s, 1916
91%b. 91%b.
Mem. A Ch’lston—6s, gold, 1924 101 b. 102
Metro. Elevated.—1st, 6s, 1908. 113%
113 b.
107
a. 130
125
Feb.
122% Jan.
120% Jan.
a.
96% Jau.
114
Feb.
109% Jau.
108
104
109
Jan.
Feb.
Jan.
90% Jan.
100
Jan.
(105
b. 104
105
127
125
121
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
123
112
Feb.
Mar.
Feb.
Jau.
Jau.
FeD.
Jan.
107
130
Jan.
Jan.
Jan.
Feb.
Feb.
Ft b.
103% Jan.
105% Feb.
Alabama—Class A 3 to 5
Class B, 5s
Class C, 4s
1906
1906
1906
6s, 10-20
1900
Arkansas—6s, funded.. 1899-1900
7b, Little Rock A Fort Smith, iss.
’a’ prioe asked; all other prices
106% 107%
Missouri—6s
due 1889 or 1890
Asylum or University, due 1892
15
18
7b, Memphis A Little Rock, iss..
7s, Arkansas Cential RR
Georgia—7s, gold
1890 106
Louisiana—7b,
cons
1914
105
1890
105
Stamped, 4s
•flehifiran—7a
and the range
SECURITIES.
103%
91%
20
14
107
1892-1898
Special tax, Class 1
92%
96%
113%
80
Jan.
Jan.
117%
116%
105%
102%
115%
Jan.
Mar.
Jan.
Jan.
Feb.
Feb.
118
Feb.
Jan.
Jan.
104% Feb.
Jan.
Jan.
Jan.
Jan.
Jail.
b.
b.
99
96
96% Jan.
93
104%b.
74
55
105
116
115
108
103
72
55%b. 55
115
109
b. 103 b. 100
b. 118 a. 118
b.
113
b. 108 t>. 107
b.
b.
102%
102
a.
74
a.
J an.
Jan.
Feb.
Jau.
Jan.
Jau.
Jan.
Feb.
Jan.
Jan.
103%
101% Jan.
101%a. 98
Jau.
b.
40
112%b.
109
Feb.
94% Jan.
108% Ft b.
107%a. 106
41
90%
117%
129%
110%
106
113
93
34
76
100
110
100
Jan.
Jan.
Jan.
Jan.
Jan.
96% Feb.
109
Jan.
106
Jan.
75
Jan.
59% Jan.
115
100
118
41
113
i07%b.|
Feb.
Jan.
Jan.
Jan.
Mar.
Feb.
Jan.
Fib.
Feb.
Jan.
Jan
Feb.
103% Mar.
101 % Feb.
Jan.
b.
Mar.
Jan.
Feb.
115% Jan.
109
112% Feb.
104%
101%
a 'e
Jan.
Jan.
110% Jan.
104% Feb.
38
Jan.
104% Feb.
48% Jan.
111% Jan.
112
Jan.
105% Jan.
92% Jan.
118
Jan.
118% Jan.
Jan.
118
Jan.
Jan.
115% Feb.
Jan.
Jan.
Jan.
101% Feb.
103
Jan.
Feb.
113% Feb.
118% Jan.
Jan. ,116% Feb.
97
Jan.
Feb.
Jan.
.92% Feb.
Feb.
36% Jan.
Jao.
102% Feb.
jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
85
Feb.
18% Jan.
113% Feb.
108
51%
70%
62%
9:4%
105
Feb.
Jan.
Jan.
Mar.
Feb.
Feb.
b.
91
a.
101%
88
Jan.
Jan.
Jan.
97% Jan.
94
Feb.
115% Feb.
Jan.
Jan.
Jan.
Feb.
Feb.
Jan.
Feb.
82
Jan.
47
98% Feb.
90
Jan.
Jan.
109
Feb.
109
Feb.
91
88% Feb.
Feb.
109
Jan.
90
101% Mar.
Mar. 119
Feb. 112%
Feb. 111
Feb. 115
Jan. 105%
Feb. 103%
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
99% Jan.
from actual sales.
Bid.
Consolidated 4s
1910
60
1919
Rhode Island—6b, cou.. 1893-1894
South Carolina—6s, non-fund. 1888
Brown consolidated 6s
1893
Tennessee—6s, old
1892-1898
Compromise, 3-4-5-6S
1912
39
20
9
12
94% 96
120
123
10
Bid.
SECURITIES.
102
105
107
1894-1895
Funding
New York—6s, loan
1892 111%
1893 112
6s, loan
North Carolina—6s, old
36
JAJ
10
Funding act
1900
New bonds, J. A J
Chatham RR
Jan.
Jan.
Jan.
Jan.
Jan.
105%a. 102
Jan.
102%
99% Jan.
116 b. 114% Jan.
98%
109%
106% Mar.
135
111
133
Feb.
Feb.
Jan.
Jan.
Jan.
Feb.
Feb.
Jan
Jan.
Jan.
Jan.
Jan.
115% Jan.
b. 117
b. 99%
b. 31%
73
130
Jan.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Jan.
BONDS.
Bid. [ Ask.
108
100
93%
104%
88
2d, 7s, 1893
West Shore—Guar.. 4a
STATE
SECURITIES.
51
Jan.
Jan.
Jan.
Jan.
116%
118
102
31
116
Jan.
116%
.....
110% Jan.
113% Jan.
118
105%
118%b. 114%b.i 11434
109 b.| 109%
109%
110 b. llu b.l 109%
115 b. 115%b.! 114%
Denver Div.—6s, 1899
105 %b.! 101%
105%
1st consol, 6b, 1919
102
100
Oregon Sh. Line -1st, 6b, ’22.. 101%
81 b. 78
Virginia Mid.—Gen. m., 5s, 1936 82
45
Wab. St.L. A Pac. - Gen., 6s, ’20 45 b.
98 a.
98%
93
Chicago Divi8on—5s, 1910
Wabash—Mortgage, 7s, 1909.. 88 b. 85 b. 84
Tol. A Wab.—1st, ext., 7s, ’90 109 b. 109
107%
107%
1st, St. L.Div.. 7s, 1889...,. 108 b.
90
92
a.
88
2d, extended, 7s, 1893
85 b. 85 b. 83
Con., conv., 7s, 1907
108 b. 108 b 108
Great West.—1st, 7s, 1888
112% Jau.
93
Jan.
105% Jan.
Sinking fund, 8s, 1893
Kan. Pacific—1st, 6s, 1895
1st, 6s, 1896
99% Feb.
114
113
110
104
73%
63%
lo6%
Mar.
108% Feb.
.
11134 Feb.
103
127
b. 104
WOTE—The letter “ b” indicates prioe bid, and
77
75
110
59
49 %b. 51
45
93
92%b. 84%
129 b. I29%b. 128%
105 %b. 104%
106
134
134 a. 132%
107%b. 109
131%b. 130 %b. 128%
89
89%
86%
ll5%b. 116
114%
129
127
110 b. 110%
10778
106 b.
102%
112%
108%b. 109
92
91 b.
91
112%b. 113
111%
78
78 a. 75%
115 b. 116%b. 112%
102
115 b.
11C b
103 %b.
32 b.
74 b.
99
109
99 %b.
120% Jan.
117% Jan.
Feb.
Jan.
Jan.
Jan.
Feb.
b. 105 b. 102
b.
52 b. 53
68%b. 63
68
59 b. 58 %b. 59
101%
101%
99
115 a. 112 b. 108%
..
111% Jan.
Jan.
Ill
•
Feb.
Feb.
102% Jan.
116% Jan.
109% Feb
a.
88
18
111% Feb
b. 112
111
Jan.
Miss’riPac.—1st, cons., 6b,1920 ,112
Sd, 7b, 1906
!ll8%a. 119 a. 115 Jan.
Pac. of Mo.—1st, 6s, 1888
!101 b. 101 %b. 100% Feb.
2d mort., 7s, 1891
Feb.
108% Jan.
69 Feb.
39% Jan.
101% Jan.
2d, 6s, 1930...
107
114
112% Jan.
89% Jan.
71% .Tan.
Jan.
let, consol., 5s, 1931
lll78b. Hi
Lou. A Nash.—Consol., 7s, 1898 121%b. 121 b. 120
Jan.
112
N. O. A Mobile—1st, 6s, 1930. lll%b.
li 8% Jan.
2d, 6s, 1899
115% Jan.
ilJSs Jan.
b. 112% Jan.
85
Jan.
Feb.
a.
87
Jan.
a.
16
Feb.
b. 89
Feb.
Feb.
70
Jan.
69
a.
70 b. 88
18
17
Income, 6s, 1921, tr. rec
104
Int. & Gt.Nor.—1st, 6s,gold,’19 105
71 %b. 70
Coupon, 6s, 1909
71
Kent. Centr.—Gold 4s, 1987.... 71
Knoxv. AO.—1st, 6s, gold, 1925 92 b. 92%
105 b.
L. Erie A W.—1st g., 5s, 1937 ..
Lake8h.-Con.coup.,1st,7s,1900 125 b. 125 b.
Con. coup., 2d, 7b, 1903
124%b. 124
120 b.
Long Island—1st, 7s, 1898
Mich. Central—1st, con., 7s, ’02 ,130
Consol. 5b, 1902
1110
32% Jan.
122
Jan.
97 7s Feb.
110
Jan.
Feb.
Highest
Jan.
Jan.
108
104 %b. 103
40 a.
40 a. 38
101 %b. 98
103%
45 a. 40
40
107%b. 108 b. 108
109
b.
109
2d mort., 7s, 1897
104
Cairo A Fulton—1st, 7s, 1891 104 b. 104%
88%b. 87 b. 88
Gen. Ry. A land gr., 5s, 1931.
St. L. A San Fr- 6s., Cl. A,1906 116%b. 116 b. 113%
116%u. 116 b. 115%
6s, Class B, 1906
117
116 b. 114
6s, Class C, 1906
115%b. 115%b. 112%
Gen’l mort., 6s, 1931
102 %b. 102%
100%
Gen’l mort., 5s, 1931
100
So. Pac., Mo.—1st, 6s, 1888... I01%b. 101%
St. Paul M. A M.—1st, 7s, 1909. 112%b. 113 b. 112
118%b.
117
2d, 6s, 1909
115
112 b. 114%
1st cons., 6s, 1933
98 %a. 95%b. 96%
Do
reduced to 4%s..
90
Shenandoah Val.- 1st, 7s, 1909 92 a. 90 a
33 b. 31 b. 34
Gen’l mort., 6s, 1921
101%b. 97
102%
So. Carolina—1st, 6s, 1620
79 b. 79 %b. 69
2d,6s, 1931
15 b.
14 b.| 15
Inc., 6s. 1931
So. Pac., Cal.—1st, 6b, 1905-12;. 113%b. 114%b.iTllSg
So. Pac., Ari.—1st, 6s, 1909-10...
108 b.
105%
So. Pac.,. N. M.—1st, 6s, 1911.
47 %b. 47%
Tex. A Pac.—Inc. A Id gr, 7s, T5 48%
68 b.
67 b.l 65%
Rio Grande Div.—6s, 1930—
60
63 a.! 60
Gen. mort. A term., 6s, 1905..
98 %b. 98 b.
85
Tol. A. A. A N. M—1st, 6b, 1924,
101 b. 101
Tol.A.A. A Gr.Tr.—1st, 6s, 1921 105
86 b. 87 b.
Tol. Peor. A West—1st, 7s, T7
95 b.
93
Tol. A Ohio Cent.—1st, 5s, 1935 95 b.
Tol.St.LA Kan. C.—lst.6s, 1916 92%b. 92%a. 91%
114%b. 115%a. 114
Union Pacific-1st, 6s, 1899
103%b. 103%b.|
Land grant, 7s,1887-9
Jan.
99% Jan.
il04 Jan.
43
82
106
Lowest.
100
55
.
73
114
..
Omaha A St. L.—1st, 4s, 1937..
|109% Feb.
95
2
120%b. 119
Mil. Lk.Sh. A W.—1st, 6s. 1921. 119%
Ashland Div.—1st, 6s, 1925... 114%b.
11678
Milw. <fe Nor.—M. L., 6s. 1910.. 109 b. 110 b. 105%
107 %b. 104%
107%
Extension, 1st, 6s, 1913
27% Jan.
Feb.
83
107
Range since Jan. 1.-
Railroad Bonds.
Highest
25
25
26%
81%
80
81%
L05%b. 105 b. 105 %
91%
91
o3%
j’
EXCHANGE, AND RANGE SINCE JAN. 1, 1888
Closing.
Range since Jan. 1.
Closing.
Railroad Bonds.
[You XLVI.
New settlement—6s
os
3s
1913
.....1913
1913
Virginia—ots, old
6s, consolidated bonds
6s, consolidated, 2d series
6s, deferred, trust
rec
Ask.
110
3%
106
59
69
101
92
69
48
70
60
8%
4%
107%
62
72
95
69%
id
March 3,
THE CHRONICLE
1888. J
GENERAL
28 l
QUOTATIONS OF STOCKS AND
BONDS.
Quotations in New York represent the per oent value, whatever the par in ly be; other quotations are frequently male per share.
The following abbreviations are often used, viz.: “ M.,” for mortgage; “ g.,” for gold; “ g’d,” for guaranteed; “ oud.,” for endorsed; “ oons..E
for consolidated; “ conv.,” for convertible ; “s. f.,” for sinking fund; “1. g.,” for land grant.
Quotations in New York are to Thursday; from other cities, to late mail dates.
Bid.
United States Bonds.
Ask.
City Securities.
Bid.
Ask.
Baltimore—(Continued)—
4%8,1891
reg..Q-
VI
VI
J
J
J
J
J
106%
106
xl06 106%
x2i*>4 124%
125** 125%
120
122
124
126
6s,
5s,
6s,
6s,
5s,
City Securities.
Bid.
Ask.
Minneapolis—4s, 1906-1916. Various
bounty, exempt, 1893... M & 8 Ill
water, 1894
J&J 108
1900
J&J
West. Md. RR., 1902
J&J 121
109
121
5s, 1893
8s, 1905
Variousl
Various
4*28,1913-15
Variousl
Mobile, Ala.—4-5s, funded
J &J
130
M&N 128
1916
Montgomery, Ala.—New 3s ..J&J
111
J&J
4s, 1920
68, Currency, 1896
reg..
5s, new
6s, Currency, 1897
reg..
Bangor, Me.—6s. RR.,1890-’94.Var.l ids' 106
Nashville, Tenn.—6s, short
j
121*2
6s, water, 1905
J&J 121
6s. long
10S
J 128
6s, E.& N.A. Railroad, 1894..J&JI 107
Newark—Is, long
111
STATE SECURITIES.
6s, B. & Piscataquis RR.,’99.A&01 109
4*28, *ong
101
106% 107% Bath, Me.—6s,railroad aid
Varl 100
5s, long
108
Class “B,” 5s, 1906.
101% 103
5s, 1897, municipal
6s, long...
.VarJ
100
Class “ C,” 4s, 1906
105
Belfast, Me.—6s, railroad aid, ’98.. I 103
7s, long
Var.l
J 103**
130
127*2
Boston.Mass.—6s,cur,long,1905Varl
7s, water, long
Var.l
15
Arkansas113
J
6s, currency, 1894
New Bedford,Mass.—6s, 1909. A&O*
...Var. 112*2
3
18
114*2
58, gold, long
Var.1 114
5s, 1900, Water Loan
A.&O
20
3
108
A&O 106
4%s, 1908
N. Brunswick, N. J.—7s, long
I
26
3 25
106
4s, currency, long
J&J 104
6s, long
I
i
18
3
108*2 110
78, Miss.O. & R. Riv.,1900.
New Orleans, La.—Premium 5s
Brooklyn, N.Y.—7s, 1890
14
3
108
107
68, Water, 1891
Consolidated 6s, 1892
Var.
127
J
2
126
6s, Water, 1899
Newport, Ky.—Water bonds 7-30s..
160
163
123
6s, Park, 1924
New York City—5s, 1908
ioi
158
16 »
119
78, Park, 1915
Connectic't—New,rgM^'28,1904J»&J 101
6s, 1896
too
138
New. reg. or coup., 3s, 1910
140
129
7s, Bridge, 1902...
6s, 1901
Dakota Ter. 5s. 10-2i’s of 1887
159
103 V106
161
7s, Bridge, 1920
7s. 1890
107*2
4s, 1907
coup..
.Q-
....
.
....
*
*
....
*
...
.
101** 102
4%s. 10-20s of 1«37
Diet. Col.—Con*.3-65s,1924, cp.F&. i 1:8% 110
Cons. 3-65s, 1924, reg
118*8 119
109
! 78, water, long
.
Var.l 132
| 6s, Park, 1926
M&81 114
!< Cambridge, Mass.—5s, 1889... A&Ot 100
J&J L 11
68, 1894. water loan
! 6s, 1896, water loan
J&J LI 2
.
.
i09
1
t 106*1 107
t! 109 ill
j
106% 107*2 j
|
120
110
126
127
Market stock, 7s, 1»92.
Water stock, 7s, 1901..
do
<
78,1903..
112
!
......
1
i
Stamped 4
per
105
92%
cent.
ij
)
52
L04%
54
105
111*2 113
11 5*2
113
4*28, 1900
3-65s, 1902
Cook Co. 7s, 1892
Cook Co. 5s, 1899
Cook Co. 4*28, 1900....
105*4 106
100
110*2 111
105
6s, gold, 1892
6*. gold, 1893
125
J&J* 119
J&J 111
A&O 111*2
A&O 112
No.Carolina—6s, old, 1886-’98..J&J
6s
6s
6e,
6s,
6s,
6s,
4s,
36%
N. C. RR., 1883-5.... J & J U 170
7 coupons off .... A&O 110
do
funding act or 1866.1900 J&J 10
new bonds, 1892-8.."
J&J 20
7
Chatham RR
A&O
special tax, class 1,1898-9A&0 10
new, cons.,
6s. 1919
1910
J & J
A &O 120
Var. no
5s
c kmngton. Ky.—7-30s,
Water Works, 1890
| 4s,
1937, new
38% I
10s, 1893-96
Penna.—5s, new, reg., ’92-1902.F&A 112*4
long
| 103
Augusta, Me.—6s, 1905, Fund.
Augusta, Ga—7s
Various 107
Macon. Ga.—6s
120
115
120
Austin, Texas—10s
Baltimore—6s. consol., 1890.. Q—J 105%
6s, Balt. & O. loan, 1890
Q—J lt'4%
106
6s, Park. 1890
Q—M
6s, bounty, 1893
M & 8 lit
110
Manchester, N.H.--6s, 1894.... J&JI 109
6s, 1902
J&J 119
4s, 1911
101
Memphis,Ten.—Tax.Di8t.ShelbyCo I 95
Milwaukee, Wis.—5s, 1891...J & D 100
Var.t 107
| 7s, 1896-1901
7s, water, 1902
J&J» 108
Price nominal; no late transactions, t Purchaser also pays
-
J&J
J&.1
8s, special tax
Philadelphia, Pa.—6s, 1886-’99 J&J
6s, new, reg., due 1900 & over. J&J
Pittsburg, Pa.—4s, coup., 1913.J&J.
5s, reg. and coup., 1913
J&J.
131*4
103*s
112
105
103*2
115
103
130
.86
Evansville, Ind—7s, long. Various..
River, Mass.—6s, 1904.. .F& At 120% 122
106
5s, 1894, gold
F&A I 105
115
5s, 1909
F&At 113
-
114
J&JI 118
105%
Fall
119*2 Fitchburg, Mass.—6s. ’91,W.L. .J&JI 105
4s, reg., 1912
F& A
Rhode Isl’d—6s, 1893-4, coup..J&J 112
Galveston, Tex.—8s,1893-1909.M&8 101
3*2 "4*2
South Carolina—6s, Non-fund.,1888.
5s, 1920
J&D 92
106
107
Brown consols
Hartford, Ct.—City 6s, var. dates..t 104
60
Tennessee—6s, unfunded
Capito*- untax, 6s
i 110
Hartford Town 4*28, untax
f 100
Compromise bonds, 3-4-5-6s, 1912 70
LOO
Settlement, 6s, 1913
Haverhill, Mass.—6s, 1889... A&OI 101%
93
111
Settlement, 5s, 1913
Hoboken, N. J.—5s, long
6
J
69^
116
Settlement, 3s, 1913
6s, long
111
124
Taxas—6s, 1892
M&SI 103
7s, long
7s, gold, 1892-1910
M&S1 115
Houston,
Tex.—10&.
45
]
7s, gold, 1904
J&JI 125
68, funded
45
Vermont—6s, 1890
J & D
: Lndianapolis,Ind.—7-30s,’93-9, J&JI 106
48
Virginia—6s, old, 1886-’95....J & J
Jersey City—6s, water, long, 1895.. 105
6s, new bonds, 1886-1895...J & J 48
i 7s, water, 1899-1902
J&J 113
42
6s, consols, 1905. ex-coup
J&J 40
7s, improvement, 1891-’94—Var. 106
6s, consol., 2d series
J&J 60
7s, Bergen, long
J&J 116
8*2 io *
Hudson County 5s, 1905
6s, deferred bonds
M&S 114
Tax-receivable coups., from cons’ls 32*2 33*2
Hudson County, 6s, 1905
J&J 120
Do
from 10-40s. 26*2 27*2
Hudson County 7s, 1894
Jt»D 112
New3s (Riddleberger). 1932. J & J 67
68%
Bayonne City, 7s, long
J&J 112
40
10-40s, cp. & reg., 3 to 5,1919.J&J 37
Lawrence, Mass.—6s, 1894...A& Of 111
CITE SECURITIES.
6s, 1900
A&O 120
Albany, N-. Y.—6s, long.... Various f 115
105
Long IslandCity, N.Y—Water.7s
138
7s long
t
Louisville, Ky.—7s, long dates. Var.l 121
106
lOff
Allegheny, Pa.—5*,ep., ’87-07.. Var.
7s, short dates
Var.1 102
105
4%s, coup., 1885-1901
Var. 100
6s, long
Var.l 108
105
4s, coup., 1901
Var.
68, short
Var.l 101
5s, 1890-1900
M&N 104
Allegheny Co., 5s, cp., 1913.J&J§ 100 101
100
101
4s, riot loan, 5-10s
Lowell,Mass— 6s,1890, W. L.M&NI 103*2
100
101
4s, riot loan, 10-20s
Lynchburg, Va.—6s
J & J 110*2
100
101
5s,
do
10-20s
8s...
J & J 126
101
102
4s, refunded. 5-20s, 1891-1906
Lynn, Mass.—Water loan,6s,’94J&J 111
110
Wat?r loan, 6s, ’96
Atlunta, Ga.—7s
J&J 113
Do.
108
8s
5s, 1905
M&Nt 112
Waterworks..
Orange, N. J.—7s, long
Oswego, N. Y.—7s, 1887-8-9
Paterson, N. J.—7s, long
6s, long
58, long
4*28, long
4s, long
Petersburg, Va.—6s
6s, gold, reg
Var.
7s, water,reg.&cp.,’93-’98-..A&0.
5s, Refunded, 1912
accrued interest,
125
137
120
112
107
125
128
111
133
116
100
123
117
112
108
103
110
118
118
117
130
103
115
124
128
114
105
107
106
113
120
126
128
130
112%
135*2
112
126
120
130
109
126
138
122
113
113
137
125
119
113
110
105
112
135
104
117
116
107
109
122*2 123
101
103
i07
109
138
110*2 ini*
U8*s 119**
35
80
90
adjustment, 4s
102
Richmond, Va.—6s, 1884-1914. J&J 116*2 117
I 109*2 111*2
J&J 137
8s, 1886-1909
| 105*4 106*2
5s, 1914-15
J&J 106*2
no
no
100
Wa'er, 6s, 1900
:7 Detroit, Micb.—7s, long
Var.t 120
78, water, long
...Var.l 125
Elizabeth, N. J.—New 4s,19i2.M&N 82
95
125
J.&J
J
1
Vai
7s, 1905
131
4s,
do
1915
122*2
Portland, Me.—6s, Mun., 1895. Var.l
122*2 123*2
6s, railroad aid, 1907
M&8
114
114%
4s, fuuded, 19<>2-12
J&J
104U 104% Portsmouth, N.H.—6s, ’93,RR. J&J i
117
115*2
Poughkeepsie. N. Y.—7s,water longf
117*s 119
Providence, R.I.—5s, g.,1900...J&J t
Var. 112*2 113
6s, gold, 1900, water loan..J & Jt
Var. 100% 101*4 Rahway, N. J.—Old 7s
War loan, 6s, 1892-1894
J&J I 108% 110%
6s, 1898
War loan, 6s, 1901-1905..... J & J 129^ 130
5s, 1889
120
130
New Jersey—6s, 1897-1902,...J&J*
c lolumbus, Ga.—7s
exempt, 1896
102
104
105
103
110
130
102
131
Norfolk, Va.—68,reg.8tk,’78-85. .J&J
8s, coup., 1890-93
Var.
8s, water, 1901
M&N
A&Oi
Norwich, Ct.—5s, 1907
8s
105*2
War debts assumed, 6s,’89.A& Ol 103*4 i03%
West Chicago 5s, 1890
98
Lincoln Park 7s, 1895.
93
6s, 1890
West Park 7s, 1890...
Q—J
106%
South Park 6s, 1899...
3-65s, 1897
J&J\
(
Massachusetts—5s, gold, 1891. A&O>105
105 106
7-30s. 1902
1
5s, gold, 1894
lu9% 110
J&J1 109%
5s, gold, 1897
) 111*2! 112
M&8IlllHl
4s, 10-20....
J&Jt
Southern RR. 7-30s, 1906... J&Jt
M&NI1105
Michigan—7s, 1890
105
Minnesota—Ad j. 4%s,1912,10-30.. 102
do
6s, g., 1906
M&N I
Missouri—6s. 1888
J & J LOl
do
Cur. 6s, 1909....F&At
108
do
Funding bonds, 1894-95 ....J & J
Skg. fd. 5s, 1910M&N t
Hamilton Co., 4s
Long bonds, ’89-90
I
J & J 102%
107
c lleveland.O.—7«. ’94, fd. debt.. A&O
Asylum or University, 1892. J & J
105
103%
New Hampshire—5s, 1892
7s, 1896, canal
M&S
J&J
t>3.
114
84
4s. non-taxable
Maryland—6s, Hospital, ’87-91 J&J
New York—6s, gold, 1891
112
6s, 1904, city bonds
J&J * 122% 123
Iharleston, S.C.—6s,st’k,’76-98..Q-J »4
7s, lire loan bonds, 1890....J & J
109
7s, non-tax bonds
112
t 103
j<
f 105% 107*2 !(
r 104*2 106
6s, 1895
r
100*2
7s, 1896
7s, 1901
Newton—6s, 1905, water loan.. J&J
5s, 1905, water loan
J&J
103
106
103
98
114
New
4s
Var.
Rochester, N.Y.—6s
7s, water, 1903
J & Jt
Rockland, Me.—6s, ’89-99, RR.. F&A
8t. Joseph, Mo.—Comp’mise 4s, 1901
8t. Louis, Mo.—6s, 1892
Var.t
5s, long
Var.t
5s, 10-20
Var.t
4s, 1905
J&L).t
8t. L. Co.—6s, gold, 1905
A&Ot
St. Paul, Minn.—4s, 1912
t
4*as, 1916
t
5s. 1915
t
6s, various
t
7s, 1898
t
107
123
109
118
116
122
Salem, Mass.—6s,’98, W. L.A&O..I
5s, 1904, W. L
J&Jt
Savannah funded 5s. consols—....
Somerville, Mass.—5s, 1895..A&Ot
5s, 1905
A&OI
100
87*2
106
107
107
106
101
102
100 102%
119*2 121
93
100
102%
110
113
t 125
8s 1904
105
103
113
118
125
95
110
140
98
128
116** 117**
110** 112
100
102%
105
109
122
L33
115
115
107
112
124
102
104
Springfield, Mass.—6s, 1905..A&Oi
7s, 1903, water loan
A&OI
133%
117
Toledo, 0.-7-308, RR., 1900.M & NI
117
8s, 1893-94
Var.l
Washington, D.C.—See Dist. of Col.
Worcester, Mass.—6s, 1892...A&OI 107
108%
5s, 1905
A&O 112** 114
4s, 1905
A&O
RAILROAD RONDS.
112
121
122
109
lo9
103
105
104 <2
111
112
il4*s
113
112
110
121
102
100
{ In London.
(Bonds of companies consolid'ted will
be found under the consol'd name.)
Ala. Gt. Southern— 1st mort., 1908J 114
Debenture scrip, 6s, gold, 1906.. j 105
Ala. N. O. T. &c. 1st deb. 6s
\ 55
2d debent. 6s, 1907
t 45
Alb’y & Susq.—1st M., 7s, ’88...J&J 102%
Consol, mort., 7s, 1906,guar .A&O 130
Consol, mort., 6s, 1906, guar. A&O 123
kllegh. ValGen. M., 7310s.. J&J 115*8
East, extern M., 7s, 1910
A&O 110
Income, 7s, end., 1894
A&O 22
Atoh. Top. &8. Fe—1st,7s, ’99 J&Jt! 119**
119%
116
117
107
60
50
i‘35
25
120
117
104*4 104%
Guaranteed 7s, 1909 .J&J&A&Ot 116% 117
5s, 1909 (1st mort.)
A&Ot 100
100%
89
5s, plain bonds, 1920
M&st 88
A&Ot 97% 98*4
111
ElDor’do,lst.7s.A&Ot 108
K.C.Topeka&W.,lst M., 7s,g. J&J I 123% 124
4%s, 1920
Florenoe&
do
income 7s.. A&o H3% 114
N.Mex.&8o.Pao.,lst,7s,1909A&< >t 119
’.rrzsk
$ Part being redeemed, fl Coupons on sinoe ’69.
THE CHRONICLE.
282
[Vol. XIAU
3-
GENERAL
For
QUOTATIONS OF STOCKS AND
Explanations See Notes at Head of First
Bid.
Railroad Bonds.
'WioMta&8.W.,lst,7s,g.igua..l902
Atlanta & Charlotte Air L.—1st,7s
Income, 6s
Atlantic & Pac.— 1st 4s, 1937.. J&J
W. D. Incomes, 1910
J&J
Central Division, old b*s
do
incomes, 1922.
do
Id. gr.
Baltimore & Ohio -New 4s
5s gold, 1925
acc.
6s. 1901
A&O
1114
119*2 120*«
103
103*2
80*f 81*2
26*8 2638
90
30
g.,
do 1st guar. (564) ,7s,’94A&O
do 2dM. (360), 7s, ’98.. J&J
do 2d guar.( 188) 7s,’98.J&J
Chic.& Atlantic—1st, 6s,1920.M&N
40
1902. .M&S 1119
F&A
B.&Q.—Cons.,7s, 1903..J&J
Bonds, 5s, 1895
J&D
108*2
2d. ds, 1923
Chic.
111
114
121
125
123
Boat. Cone.& Mon.—S.F.,6s,’89.J&J
Consol, mort., 7s, 1893
A&O
Consol moit.,Cs, 1893
A&O
Boet.H.Tun.&W. (leb. 5s, 1913 M&S
Boston & Lowell—7s, ’92
A&O
5s, debenture, 1913
Iowa Div. 5s, 1919
Ipwa Div., 4s, 1919
A&O
4s, Denver Div., 1922
F&A
4s, plain bonds, 1921
M&S
Neb. Ext,, 4s, 1927
M&N
Bur. & Mo. R., I’d M., 7s,’93.A&0
do
Conv. 8s,’94 ser.J&J
Bur.&Mo. (Neb.), 1st,6s,1918.J&J
do
Cons, 6s, non-ex..J&J
do
4s, (Neb.), 1910... J&J
f5s, 1899
4s, 1905
4**s, 1903
t ICO *4 100*2
1107*2 109
1103*4 103*2
98*2 100*2
Tl08*4l108*2
J&J 1112 1112*2
j&j 113*4 113*2
113
Bost. & Providence—7s, 1893.J&J T1 12
115
Bost.& Revere B’li—lst,6s.’97. J&J tll2
65
Bradford Bord. & K.—1st, 6s, 1932
25
Bradf.Eld.A Cuba—lst.6s,1932J&J
105
Brooklyn Ele.—1st, 6s, 1923..A&O
2d rnortg, 3-5s, 1915
66
J&J
102
Buft. Brad.& P.—Gen.M.7s,’96. J&J
99
Bufi.N.Y.&Erie—1st, 7s, 1916. J&D 137*2 139
Buflalo N. Y. & Pkila.—
50
40
1st, 6s, g., 1921
J&J
Pitts. Titusv.&B.—7s, 1896. F&A
Oil Creek, 1st M., 6s, 1912..A&O
24
Union & Titusv., 1st, 7s,’90... J&J
Warren & Fr’kln, 1st,7s,’96.F&A 112
112*2
90
Boll.& Southwest.—6s, 1908..J.&J
Bor. C. R.&N.—l8t.58,new,’06.J&D ICO
100*2
95
Cons. 1 st & col. tr., 5s, 1934.. A&O
Minn. & St. L., lsr. 7s, guar. J&D
Iowa C. & W 1st, 7s, 1909. MAS
107
C. Rap.I.F.& N.,1st,6s,1920.A&O
do
1st, 5s, 1921....A&O
97*2
Califor. Pac.—1st M.,4^s, g.. .J&J 100
2d M.. 6s, g.,end C. Pac., ’91 .J&J 100
8d M. (guar. C. P.), 6s, 1905. J&J 103
do
do
50
3s, 1905. J&J
Cal.So.—1st Cs (Atch. guar )..J&J 112*2 113
Income 6s, 19^6
M&S
85*4 80*2
Camden & Atl.—1st, 7s, g.,’93..J&J
2d mort., 6s, 1904
A&O 109
Boston & Maine—7s, 1893
7s, 1894
Income
Cape Fear &Yad.Val.,l8t,( s,1916..
Carolina Cent.—1st,6s,g.,1920. J&J
2d, ino., 6s, 1915
Chic. Mil. & St. Paul—
P. du C. Div., 1st, 8s, 1898. F&A
P. D., 2d M., 7 3-lOs, 1898..F&A
1st, $, gold, 7s, 1902
Chic. & L. Sup. Div., 5s, 1921 J&J
Wis. &Minu. Div., 5s, 192L...J&J
106
Dak. & Gt. So. 5s, 1916
J&J
Chicago & Northwestern—
Consol., 7s, 1915
Q—F
Consol., gold, 7s, cp., 1902..J&J)
125
to
107
131*2 132
117
tl 14
104*2
105
104
Sinking fund, 6s, 1929
25-yrs. deb. 5s, 1909
M&N
Escan.&L.Sup., 1st, 6s, 1901.J&J
Am. Dk.&
Q—J
M&N
Imp. Co., 5s,1921.J&J
Beh.& Wilkesb.Coal,inc.,’88.M&N
Consol., 7s, gold,1900, ass’ct.Q-M
Cent. Ohio—1st M., 6s, 1890..M&S
Cent. Pac.—1st, 6s, gold, 1895 .J&J
1st, 6s, gold, 1896
J&J
let, 6s, gold, 1897
J&J
let, 6s, gold, 1898
J&J
8 .Joaquin, lstM.,6s,g.l900.A&0
Cal. & Oregon, series B, 6s, 1892
Cal.&Or. C.P.bonds, 6s,g.,’92 J & J
Band grant M., 6s, g., 1890. A&O
Mortgage bonds, 6s, 1936...A&O
IVest.’Pacif., 1st, 6s, g., ’99. .J&J
Chari’te Col.&A.—Cons.,7s,’95. J&J
2d mort.. 7s, 1910
A&O
Cheraw &Darl.—1st M.,8s,’88. A&O
2d mort., 7s
©hes. & Ohio—Pur. money fd.,1898
.
Beries A, 1908
A&O
Be, gold, series B
M&N
Extended 4s, 1986
M&N
6s, currency, int. def., 1918..J&J
Winoua&St.Pot.—2d7s,1907M&N
Ott. C. F. & St, P., 5s, 1909..M&S
105*2 1053*
North. Ills., 1st, 5s. 1910....M&S
101*4
Chic.K.I.& Pac.—6s,1917,coup J&J
121
122
Exten. & col. 5s. 1934
J&J
117
118*2
Chic.&S.W.. 1st,7s,guar.,’99. M&N
102
105
Chic. & St.Louis—1st 6s, 1915,M&S
10134 105
Chic. Santa Fe & Cal. —1st, 5s
95
1013i jCkic. St. L. &P.—1st, 5s, 1932. A&O
113*2 115
Chic, & Gt. East., 1st, 7s, 93-’95.
104*2
Col.&Ind. C., 1st M.,7s, 1904.J&J
2d M.7s,1904.M&N
113*2
do
11330
Un.& Logansp.,lst,7s, 1905.A&O
11334
Cin. & Chic. A. L., 1886-’90
114
114*2 Chi. SI.P.& K.C.-lst, g, 5s,1936J& J
115*2 116
Chic.St.P.Min.&Oin.—Cou. 6s, 1930
102
Ch.St.P.&Minu. lst,6s,1918M&N
108
North Wise., 1st 6s, 1930
J&J
{106
103 34
St. Paul&S.City, 1st 6s,1919.A&O
103%
Chic. & Tomali.—6s
111*2
Chic.& W.Iud.—S.fd. 6s, 1919 M&N
110*2 11130
General mort,, 6s, 1932
Q—M
112
Chic. & W. Mich. 5s, 1921. ...J&D
101
103
Cin. Ham. & Dayt.—Consoles A&O
100
Consol, mort., 7s, 1905
A&O
106*2
Consol, mort.,6s, 1905.
A&O
103*2
Cin. H. & 1., 1st M„ 7s,1903.J&J
70
II 68
Cin. & Indianap., 1st., 7s,’92..J&D
J&J
68*2 l 2d M.. 7s, 1887-92
18*2 20*2 ! IndianapolisC. &L., 7sof ’97..
..
102
6s, 1911
A&O.
f3h w. O.&S.W.-M. 5-6s, 1911.F&A 102*2
«» ■*
*
mor*
Oe
1 <11 1
Price nominal; no
_
F>& A
70
late transactions.
71
i 88
92 5g
1111 *2
t
t!15
i
j Purchaser also pays accrued Interest.
i03~
112
115
100*c
100*4
L.S.& M.8., 1901..A&O
99*i
......
101
126
{Columbia & Gr.—1st, 6s, 1916.J&J
2d mort.; 6s. 1926
A&O
Col. & Cin. Mid.—1st, 6s, 1911.J&J
106*2
123
100
8i%
79*2
94
Columbus Hocking Valley & T.—
Con. 5s. 1931
M&S
0*2
99*2
1(
70 %
72
Gen. 6s
J&D
gold, 1904
Col.&Hock.V.—lstM.,7s,’97.A&0 tl09
do
2d M., 7s, 1892.J&J tl03
91*4
45*2!
Col. & Toledo—1st mort. bonds
do
2d mort...,,,
..
till
tioo
Ohio&W.Va.,lst,s.f.,7s,lt>xOM&N 107
116% 117*8! Col.Springf.&C.—1st, 7s,1901.M&S 106
1 Col. & Rome.—1st, 6s,
93*2
gu.Cent. Ga. 105
J Co).& Wesr.—1
100
st, 6s.guar Cent. Ga. 108
98 34! Col. & Xenia—1st M., 7s,1390.M&S t
98
1 Conn. & Passump.—M., 7s, ’93. A&O tllO*j>
Massawippi, g., 6s, gold, ’89 J&J tioo
20
Conn. West.—1st M., 7s, 1900. J&J
127
118
118*2! Connecting (Pliila.)—1st, 6s ..M&S 120
87*4
Consol.RR.of Vt., 1st, 5s, 1913.J&J
124
Cor. Cow. & Ant.—Feb.Gs, ’98M&N
111*4
Cumb. & Penn.—1st 6s,’91....M&S
117*2
118
|
109
109
106
110
108
111
101
38
121 *£;
....
1
37*®
■
119*4
123*2 125
100 *S 100*2
125
128*2
Dayton & Mich.—Cousol. 5s
J&J
3d mort., 7s, 1888, now 2d. A&O
Dayt.& West.—1st M.,6s, 1905.J&J
125 *2:
1st mort., 7s, 1905
J&J
125
123
113*2
103
113
112
119
1013*
Delaware—Mort., 6s,guar.,’95. J&J
Del.&Bound B’k—1st, 7s,1905F&A
Del.Lack.& W.- Couv.7s,1892 J&D
Mort. 7s. 1907
M&S
Den. & R. G. 1st ?s,gold,1909. M&N
1st con. 48, 1936
Denv.& Rio G.W.-lst.Gs, t311M&S
do
assented
......
99
103
Too
•
Denv.S.P.&Pae.—1st,7s,1905 M&N
100
Des M.& Ft.D.—Guar.4s, 1905. J&J
1st mort., guar., 2*2S, 1S05
J&J
1st mort., guar is, on extension.
102
ioi
115*4
115*2!
luO
106
*2! Det.&B.C.lst,8s,en.M.C.1902M&N
12o58TI Det. B. C. & Alp.. 1st,6s.1913 J&J
I
90
90
tl03
104
1100
102*®
t L10
tlL5
116
129*4
11134
131*2
125
■
120
76%
71
63
77
......
77
73
63*4
78*2
87
60
•
105*2
•
•
•
•
i'06*£
Det.G.Haven&Mil.—Equip.6s,1918 {116
'I
141*2
Det, L.
&
North.—1st, 7s, 1907. J&J
120
118
{116
11734 118
Det. Mack.& M.—Ld. gr. 3*23, S. A.
Dub. & Dak.—1st M., 6s, 1919.J&J
j
130
181
......
120*2| Dub.&S. City—1st.2d Div.,’94.J&J
Duluth & Iron R.-1st,5s, 1937. A&O
108
109 I Dunk. A. V.&P.—lst,7s,g.. 1900J&D
91*2 92*oi East Penn.—1st M.,7s, 1888..M&S
j E.Teun.Va. & Ga.— Is t, 7s, 1900 J & J
104
i
112
Divisional, 5s, 1930
J&J
39*c
111*2
......
Ill
Ala. Cent., 1st, Gs, 1918..
J&J
E. Tone. V. &Ga.R’y.— 1st,5s,1956
W.
I East. A
Ry., Ala,—lsr, Gs, 1926
1
Elizab.l.ex.& Big S.—6s, 1902.M&S
m
m
m
•
......
......
......
133
ioi
1st, con., 1926
..J&J
Evans.& T.H.,lst con.,6s, 1921,J&J
Mr. Vernon—1st, Gs
A&O
Evausv.T.il.&Chi.—1st, Gs, g.M&N
A&O
'! Fitchburg—5s, 1899
A&O ;
5s, 1900-01-02
1
LOG
100
■
6s, 1897
7s, 1894
1120
tl 15
till
ilOO
120*4
100*2
*
,
i’05"'
104-V!
;ioi
99
60
•
Eureka Spr.—1st, 6s,gold,l9 53F&A
Evans.& Ind.—1st,guar.,g.,6s, 1924
•
104.38
98 34
......
Elmira&W’mspt—1st t>s,1910.J&.i 118
5s, perp(!tual
A&O 109
Erie & Pittsb.—2d, now 1st
J&J 102
Cons, mort,, 7s, 1898
J&J t L10
Equipment, 7s, 1900
A&O 100
107
m
110
100
118
Eastern, Mass.—6s, g.,1906. .M&> 1120
......
......
131*2
115
117
100
1101 *4
101*£
1104 *2 106
lino
110*2
A&O
A&O 'till
116
lies
117
80 78 81%
99
j
120
121
Frern’t *lk’n& Mo. V.—Gs, 1933 A&O tll9
do
119
do
125 |
Unstamped.. t!17
126*2: Gal. Har. & San Ant.—
126
1st,6s, g. 1910
F&A 101
104
2d mort., 7s, 1905
120
JjiD
•
•••••
'M
]i
{ 97
{11G
114
115
96*2 98
tl03
104*4
119
t
1111 *2 112*2
106
tioo
till
1109
....
_
Flint & P. Marq.—M. 6s, 1920 A&O
Ft. Madison As N. W., 1st 7s, g.,1905
Ft. Worth & Denv. C.—1st, Os, 1921
West. Div. 1st, 5s, 1931....M&N
do
2d, 6s, 1931...J&J
Gal.Hous.& Hen.—1st,5s
A&O
Georgia—7s, 1883-90
J&J
6s, 1910
,
J&J
Georgia Pacific—1st, 6s, 1922. J&J
100
91*2
74
i09
111
109
109*®
2d mort
53
1st M.,7s, l.g., gold,not guar. A&O 1115
Ex land grant, 1st 7s, ’99
tioo
Consol. 5s, 192-1
M&S
93*2
99
52*a
Gr.Rap. & Ind.—1st, l.g., g’d, 7s, g. tll7*2
tlld*2
Ind’apolis& Cin., 1st,7s,’88.A&O 1101*4
6s. 1920J
..Q—J 96
Cin. I. St. L. & Chic.—Con.
lsr void 4s, 1936
guar.,
95
99
Cin. Wash.&B.—1st, gu,l*us-6sM&N
72
2d mort., 5s, 1931
J&J
73*®
38
3d mort., gold, 3a-ls, 1931..F&A
40
50
17
Income 5s, 1931
20
131*2
Scioto & Hock. V, 1st, 7s
M&N
102 *s
Balt. Short L., 1st, 7s, 1900..J&J 112
106
Clearf. & Jeff.-lst. 6s, 1927
.J&J 110
107*2 Clev. Akron & Col.— 1st ,6s,1926J&J §104
110
Gen. M.. g., 5s, 1927
M&S § 97
96*2 Cleve. & Canton —1st, 5s, 1917
t
i Clev. Col. C. & I.—
92
89
1st mort. 7s, 1899
M&N 121
92 34|
Consol, mort., 7s, 1914
J&I) 127
112
Cons. 8. F., 7s, 1914
J&J
Gen. con. 6s, 1934
J&J
109*4
115*2
Belief. & Ind. M., 7s, 1899...J&J
106
Clev. & Pitts.—4th M., 6s, 1892.J&J 106*2
89
Consol. S. F., 7s, 1900
123
"M&N 126
113
Clev.&M. Val—1st, 7s. g.,’93. F&A
119
'Colorado Mid.—1st, 6s. 1936..J&D
106
:Coeur d’Alene—1st, Gs, 1916..M&S
122
Des M.& Minn’s, 1st,7s,1907.F&A
Iowa Mid., 1st M., 8s, 1900. A&O 128
Peninsula, 1st, conv., 7s,’98.M&S 121*4
118
Chic. & Mil., 1st M., 7s, ’98..J&J
109
Mil. & Mad., 1st, 6s, 1905..M.&S
Madison Ext., 1st, 7s, 1911.A&O i 130
Menominee Ext.,1st,7s,1911 J&D 1130
Nortlnvest.Un., 1st,7s, 1917.M&5 f 130
101*4
J&D
F&A
J&J
M&N
A&O
do
58,1929
A&O
do
debent., 5s,1933.M&N
Exten. bds. 4s, 1886-1926...F&A
Atch. J.Co.&W.,1st,6s,1905.0,—F 103
Cent, of Ga—1st.cons.,7a,’93.J&J 109
no *2
Collat’l trust 5s, lu37
9d*2 100*2
M&N
Cent. Iowa—Now 1st., 7s , ’99. J&J II
84
Inc. bonds,44 debt certs.”, 7s,A&O
12
20
Eastern Div., 1st, Os, 1912..A&O
to
Ills. Div., 1st, 6s, 1912
A&O
Cons., gold, 6s, 1924
96
90
Cln.&Sp.—7s, C.C.C.& I., 1901. A&O
7s,
Ask.
92*2
1117
Cin. Leb. & Nor.—1st m. 5s
J&J 100
Cin. Rich. & Chic.—1st, 7s, ’95. J&J tl08
Cin. Rich. & F. W.—1st, 7s, g... J&D tuo
Cin. Sand’ky & Cl.—6s, 1900..F&A tioo
Consol, mort., 7s, 1890
J&D tioo
......
.
......
Central RR. of N. J.—
l8t,7s, 1890
Gen. mort., 5s, 1987
7s, conv., 1902
Consol. M„ 7s, 1899
Conv. deben. 6s, 1908
J&J
Dubuque Div., 1st; 6s, 1920.J&J
Wis. Val. Div., 1st, 6s, 1920.J&J
Fargo & South.- 6s, ass.1924 J&J
Inc. conv. sin. fund 5s, 1916 J&J
90*2 91*4
96
97
102
108 '
A&O
Atch.Col.&I>ac.,lst,6s,1905Q.—I
J&J
La. C., 1st M., 78,1893
J&J
I. & M., 1st M., 7s, 1897'.
J&J
&
I’a.
Dak., 1st M., 7s, 1899. J&J
Hast. & Dak., 1st M.,7s, 1910. J&J
do
5s, 1910
J&J
Chic. & Mil., 1st M.,7s, 1903.J&J
1st mort., consol., 7s, 1905.-J&J
1st M., I. & D. Ext., 7s, 1908J&J
1st M.,6s, S’thwest Div.l909J&J
1st M., 5s. La C. & Dav.l919J&.T
So. Minn. 1st 6s, 1910
J&J
Chic. & Pac. Div. 6s, 1910 ...J&J
do
West Div., 5s,1921. J&J
Chic. & Mo. Riv. 5s, 1926
J&J j
Minerai Pt. Div., 5s, 1910...J&J ;
3d, inc., 6s, 1910
Catawissa-Mort., 7s, 1900....F&A 123
Cedar F.&Min.—1st, 7s, 1907. J&J
Cedar R. & Mo.- 1 4, 7s, ’91...F&A tlo5
1st mort., 7s, 1916
M&N
2d mort., 7s, 1909, quar
J&D
Cent. Br. U. Pac., lets, 6s, ’95.M&N
Fund, coupon 7s, 1895
M&N
Atch.& Pike’s P k, 1st, 6s, g. M&N
bonds, 1907
Terminla 5s, 1914
105
tio‘s
1st. con., 6s, gold, 1934
A&O
Gen. con., 1st, 5s, 1937
M&N
Chic. & Gr. Trunk—1st mort., 1900
Ch.& Ind.Coal R’y.lst 5s, 1936 J&J
Chic. & Mich. L. S. 1st 8s, 1889
,
Cons. 6s, 1911
J&J
Canada So.—1st M.,guar.,1908,J&J
2d mort., 5s, 1913
M&S
■
1105 34
t 88*2
do
Neb.RR,lst,7s,’96A&0 till
Om.& 8.W.,1st,8s,J&D 1117
do
Ill. Grand Tr., 1st, 8s. ’90...A&O 105
103
Dixon Peo.& H., 1st, 8s,1889.J&J
Ott. Osw. & Fox R., 8s, 1900.J&J 112 3
Quincy& Wars’w, 1st, 8s, ’90. J&J 1105 *2
Ateb’n & Neb.—1st,7s,1907 M&S 1121
100*4
Chic. Burl. & Nor.—5s, 1926
99*4
Debent. 6s, 1896
J&D
Chic. & Can. So—1st, 7s, 1902 A&C
Chic Kan. & West’n.—1st, 5s, 1926 "94"
45
Income 6s
Chic. & East 111.—1st mort. 6s, 1907 117
j&j tl0y*4i109*2
j&j tl06 jl09
95
96
M&S
102
M&N 100
6s, 1896
A&O
—M&N
A&O
5s. 1901
Cin.Jack.4Mac.—lst,5s,1933. J&D
Cin.Laf.&Ch.—lst,7s,g.,1901.M&S
121
115
116
80
30
131
tl02
1 105
Bid.
Railroad Bonds.
126*2
115*4
115*4
St.L. Jacks’v.A C., 1st,7s,’94. A&O
100
25
6s, g., 1910. M&N {123
ParkersburgBr., 6s, 1919...A&O
Balt.& Pot’c—1 st, 6s, g., 1911.J&J 125
1st, tunnel, 6s. g., g’d, 1911.A&O 124
79
62
Beech Creek—1st,g’id, 4s. 1936,J&J
110
Bell’s Gap—Cons, ts, 1913
J&J 109
Belvidere Del.—let, 6s, c.,1902. J&I) 116*2
Cons. 4s, 1927
F&A
Boston & Albany—7s, 1892...F&A 1110*4 110*2
112*4
6s, 1895
J&J 1112
do
124
108
119
118
Mlss.Riv.Bridge, 1st.,s.f.,6s,1912
Louis’a& Mo.R.,lst,7s,1900F&A
do
2d,7s, 1900 M&N
100*«
F&A
Schuylkill Riv. East Side 5s, 1925
J&D {109
Sterling, 5s, 1927
Sterling, 6s, 1895
M&S |112
Sterling mort., 6s,
116
Ask.
tlO£ *4 107
113
1123
i26
Cheshire—6s, 1896-98
J&J
Chic. & Alton— 1st M.,7s, ’93.. J&J
Sterling mort., 6s, g., 1903..J&J
Bds. Kan. C. line,6s,g.,1903.M&N
Atch. Top. & 8. Fe—(Continued)—
Pueblo & Ark.V., 1st, 7s, g.,1903. 1116*s 117
Sonora, 1st, 7s. 1910, guar.. J&J 103*2 104
Page of Quotations*
Bid.
Railroad Bonds.
Ask.
BONDS—Continued.
Gr.B’yW.&St.P.—lst,6s,1911.F.&A
2d, incomes, 1911.
j InLondon,
II Coupon ott.
§ In Amsterdam
97
30
March
THE
3, 18S8.J
UBN'BjRA.L
For
;J
O
iS
3
Harris. P.Mt.J. A L.LHart. & Conn. West.-
)3
N
rj
>1
H.& Tex.Cen-
T
r]
Cons. mort.
o
M.&Clark8V,t’g61902
o
0
A
0
j
j
J
Middle Div. reg.
A
O
O
D
j
93 34
HI
110
+108
116
++H4
113
MU
89
67
18
88
J
U
->
Jefferson-
j
104*2
108*2
102
103
109
103
115
1*09*4
105
......
i*3i
1129*2
101
1
'
.
a
.
•
•
•
Junction (Phil!)—1st",4*
M18
114
119
Kansas C. Lawr. A So. 1st
Kan. C. M. A B.— 1st, 5s, 1
■K.C.8t.Jos.& C.B.—M.78,1
•
K.C.Spr.&Mein.—lst,6s,l!
Ken. Cent. Ry.—Gold 4s,
•
•
•
......
Keokuk&Des M.—lst,5s,p
Knoxv. & Ohio 1st, 6s, 19
Lake E.& West.—1st, g., 5s,
Lafie Shore A Mich. So.—
)
I
121
Leroy A C. Val., Ls ,5s,l926.JAJ
j lobile
127
130
121
125
125"
I
\
P*-
[
do
do
do
L26
124*8
124
)
123
103*2
In Jorg’n’s La. ATex.,lst,6s,1920JAJ
lst niort., 7s, 1918
AAO
m
122
‘ft lorris A Essex—1st, 7s, 1914 M&N
141*2 143
2d mort, 7s, 1891
FAA
131*2 (32
Bonds, 7s, 1900
J&J
i 10*2
General mort., 7s, 1901
A&O
103
108*2
Consol, mort.,7s, 1915
J&D
120
raslma A Lowell—6s, g., ’93-FAA
110*2 111*2
5s, 1900
......
......
L.RocKA Ft.S.-
^
Newtown A FI., 1st, 7s, 1891.
i
Lou’v.C.A
......
j 113
117
2d mort.
118
105
58
1
57
120
122
105*2 107
!>
!&
104
2d mort., 2-6s, 1936
Louis. & Nash.—Cons. 1st
Cecilian Br., 7s, 1907..
2d mort., 6s, 1901
m:: !$
JAJ
-kS’setAS.—1st. 7s, g.,’89.MAN
rghAN.Y.—1st M. 7s.1888.JAJ
junction, 1st, 4s, 1986..FAA
>
:o4
A OMo.—1st pref. deb
2d pref. debentures
3d pref. debentures
4th pref. debentures
New mortgage, 6s, 1927
JAD
Collateral trust 6s, 1892 ....J&J
1st extension 6s, 1927
Q—J
St. L. A Cairo—4s, g uar., 1931. J A J
102%'.103 ”8
108
AAO
85
MAS
40
Maine Cent,—Mort, 7s, 1898... JAJ 116
Exten. bonds, 6s, g., 1900... A AO f 108
Cons. 7s, 1912
AAO (130
Androscog. A Ken., 6s
f 103
Leeds & Farm’gt’n, 6s, 1896.JAJ 1109
Portl. & K.,Cons. M., 6e, ’95. A AO f 109
101
96
.10
92
2nd, 5s, guar., 1923
N Y. Lake Erie A Western—
i 1st mort, 7s, 1897, ext
MAN
j
2d mort. exten., 5s, 1919 ...MAS
3d mort. ex. 4*28, 1923
MAS
II 4th
mort., ext., 5s, 1920.. ..AAO
5th mort., 7s, 1888
JAD
1st cons. M., 7s, g.,1920
MAS
New 2d cons. 6s, 1969
JAD
MAN
; Collateral Tr. 6s, 1922
Fund. 5s, 1969
JAD
1st coni. fundcoup.,7s,1920 MAS
1
L18
no
132
L04
111
111
LOO *2 1
FA A 106
Debenture, 6s, 10-20
Man.Beacli lmp.,lim.,7s,l909,MA>
84 '
Marietta Min.-lst, 6s, 1915.MAN |
95
Marq’tte Ho.A O.—Mar.txO.,8s, '9ii 110*2 LU
L02
6s, 1908
100
6s, 1923 (extension)
JAD
97*2 98*2
6s, 1925 (Mary. A West.).. JAD
96
95
.
♦Price nominal; no 1 ite transactions.
FAA
Reorganizat’n 1st lien, 6s, 1908
income bonds, 6s, 1977....
Long Dock mort., 7s, 1893.. JAD
do
con. g., 6s, 1935 ..AAO
IN
A North.—1st g.5s, 1927. AAO
|
2d
IN
IN
gold is. 1927
J&D
2d ino. 1912.
115%
New River 1st 6s, 1932
AAC
113
Impr. A Exten., 6s, 1934
Adjustment 7s, 1924
FAA
101*2 102%
Q.—M,
3d M.. 6s,
114*4
105*4
iii
115
103
102
tl05
124
103
100
121
104
108
125
106
131
123
114
114%
1
no
108
do
series B
Con. mort, stg. 6s, g.,
Ill
111
1904...JAJ 1108
Northern, N.J.—1st M.,6s,’88. JAJ tlOO
North. Pao., P. D’O Div.—6s, MAS
102
92
104
Mo. Div. 6s, 1919
MAN
Gen'l 1. g., 1st, 6s. 1921
JAJ
Gen. land gr.,2d. 6a, 1933...AAO
Gen. lani gr., 3d, 6s, 1937...JAD
Dividend scrip ext
JAJ
102
James
59*2
Riv.Val.—lst,g.,6s.’36JAJ
Spokane A Pal.,1st 6s, 1936.MAN
St.P.A Nor. Pao. gen.6s.1923. FA A
••••••
11658
105
105*4
903*
92
108
102
115% 117
104
Helen a A Red Mt.lst,6i,1937MAS
Dul. A Man., 1st, 6s, 1936. ..JAJ
107*4
Dak. Div., 1st, s.f. 6s, 1937.JAD
101*8
Jlel. B. Val. A B.,lst,6s,1937MAN
111%
Drum. A Pet., 1st, 5s, 1937..JAD
IlelenaAN’rth —lst.5s.1937. JAD
La. M.AMo. R., 1st, 5s, 193 7. .J&D
119
North. Pac. Ter. Co. -1st,6s.’33.J&J 101
102*4 Norw’h AWorc’r—1st M., 6s.’97. J&J 1114
22
115
Sinking fund, 8s, 1890
106*2
72
MAS
A&O
Consol, ,6s, 1920
Income, 3s A 6sl920
mort.,Springf.Div., 1905 M&N
Ohio River RR.—1st. 5s, 1936. J&I)
Ohio Southern—1st 6s, 1921...J&D
125
142*8 145
107% 108*4
2d income, 6s, 1921
118
126
Old Colony—6s, 1897
6s, 1895
135*f>
7s, 1894
106
106*2
4 Ljs, 1904
107
Oreg. A Cal.—1st 6s, 1921
2d mort., 7s
101
115
118*a
115
116
117
89
108
96
103
95
J&J
t03
96
Osw.&Rome—1st M., 7s, 1915.M&N 1122
Panama—Sterl’gM., 7s. g. ’97.A&O 1104
105
Sinking fund sub., 6s, 1910.M&N
Subsidy bonds, Eng. issue, 6s....
118
101
Peun.Rtt.—Gen.M,6s,cp.,1910Q—J 132*2
Cons, mort., 6s, 1905
Q—M 121*4
106*4
135
m*4
125
|
89*e
j
10
|
130*8
1
1
103
35
Oregon A Tran scon t.—6s, 19 22 MAN
101
108*2 112*2
104
100
33
vo
32
114
111*4
115*4
107
105
113
114
73*4
Collateral trust, 4*28, 1913..JAD
Consol. 5s, 1919
J&D
Penn. Co., 6s, reg., 1907
Q.—J
do
1st M., 4*28,1921.J&J
Penn.A N.Y.Can.— 1st. 7s, ’96. J&D
l*t mort., 78, 1906
J&D
Pensacola A Atlantio-1st m..FAA
Peo. Dec. & Ev.—1st, 6s, 1920. J&J
2d mortgage. 5s, 1927
Evansville Div.,1st 6s,1920.MAS
Peo.A Pekin Un.—1st,6s,1921.0—F
2d mort. 4*2S, 1921
Q—F
Perkiomen—Cons.Os,, 1913, sterling
Petersburg -Class A, 1926 ....J&J
107
96*4
LOG**
L03
108
113
108
106% 107
115
130
108
75
100
109
L03
95
105
107
105
*73'
Class B, 1926
A&O
114*2 no 1 Pliila. A Erie—1st M.,7s, 1888. J&J 102*8 102*4
102*4
Gen. M..guar., 6s, g., 1920. .J&J 1124
126
132*2 133 *2'
Consol. 5s, 1920
A&O 113
95*2 96*2 Pliila. A Read’g—1st, 6s, 1910.J&J
127
2d, 7s, ’93
A&O 113*4
90
Debenture 6s, 1893
J&J
107
61
ll6*^
113*2
117%
105*s 107
51*2 51
105
109
1 Purchaser also pays accrued interest.
no
’
Orange Belt—1stmorr., 6s, 1907...
ioi
120
116
102
105
FAA 1112*4
JAD I 110*2
MAS 1115*4
A&O 1104*4
Bo8t.O.&Fitchb.,lst,78,’89-90J&J 1103
B. C. F. A N. B., 5s, 1910 ..J&J 1110
N. Bedford RR., 7s, 1894 ..JAJ till
73
Omaha A St. L.—1st, 4s, 1937.. JAJ
104*2 !l06
110
102
rec
Ohio A Miss.—Cons.,s.fd.7s,’98 JAJ
Cons, mort., 7s, ’98
JAJ
2d mort., 7s, 1911
AAO
1st gen , 5s, 1932
J&D
1st
132
92
Ohio Cen.—Riv. Div., 1st, 6s.. 1922
Income, 6s, 1922, Tr.
108*2
35
100
Ogd’nsb’g&L.Ch.—1st M.6s,’97, J&J H101
28
112
J
118*4
24*2
102
96
100
99
92*i
119
20
ibo
91*2
128
23
Gold
.
,
m
507e
129
106
99**
;
m
50
27
107
121
99
I04*s
.
!
99
JLo’isv.N.O.ATex.—lst,4s,19blMA8
r>
.....
50-year gold, 5s, 1937
MAN
Pensa. & Atl.—1st,6s,gu,’21.FAA
JL’sv.N.A.A Chic.—1st,6s, 1910. JAJ
2d mort., 5s, 1934
+
96
Is
A Gulf—1st, 6s, 1926..MAN
Louis. Cin. A Lex., 6s. 1931.M&N 108*2
Mem.& 0.,stl., M.,7s, g.,1901JAD j 120
122
M 16
116
FAA <113
j a Y. Cent. A Hud. R.—
N. O. A Mobile. 1st 6s, 1930.
112
MAN 105 7s
Extended 5s
do
96*2 99*4 \, Mort., 7s, coup., 1903
2d, 6s, 1930
J&J
JAJ
| 102 104
Debenture 5s, 1904
MAS 111
114
!
Sterlingmort., 6s, g., 1903...JAJ 1123
do
60 j
2d., 3s„ 1980.MAS
In
8378
Nash. & Dec., 1st 7s, 1900... J&J 117 |
in Y. Elevated.—1st M. 1906. JAJ
116
E. H. & N., 1st 6s, 1919
30
JAD 114*21 115
i M. ino. 6s
|N
Gen 1 mort., 6s, 1930
114
5
JAD 113
2d mortgage income.
8o. & No. Ala., S. F. 6s, 1910 AAO 105% 106
131 *
N
Trust bonds, 6s, 1922
108
129
n
Q—M
Con. mort. 6s, 1916
m
4
89
55
55
112% 115
do
do
.AT
do
120
100
95
......
os
3
.
MOO
: 83
1
linn. A N. W.—1st, 5s, 1934.. JAJ :io2
liss.A Tenn.—1st M., 8s,series “A”
96*4 97
8
8s, series “ B”
i...JAJ
115*2 lo.K. AT.—Cons. 7s.. 1904-6.. FA A 101
j 1115
118
68*e
7 f 115
Consolidated e’s. 1920...j...JAD
58
> 1115
Consolidated 58, 1920
JAD
2d mort., income, 6s, 1911.. A AO
9278 93
i
f 120
1st, 6s. g., 1899. (U. P. S. Br.)J AJ
113
i 13*4
Han. A C. Mo., 1st 7s, g.,’90.MAN
72
'j fo.Pac.—1st mort.,6s,gld,’88, FAA 101
" Consol. 6s, 1920
107
)
......
MAN 110
92
92*2
2d mort.,7s, 1891
JAJ 104
Car. B., 1st mort., 6s, g. ’93..AAO
f 105
j
3d mortgage, 7s, 1906
M&N 117*2
Vo rd. V. I nd. A W.,181,58,1926 M A S c
) 1U*4
til3
J
9
110*2
107 %
1st, 6s, on extension 1913..JAD
linn’p. A St. L.—1st M. 1927. JAD 105
80
1st M., Iowa CityAW 1909.JAD
2d mort., 7s, 1891
JAJ
Southwest. Ext.,1st,7s,1910. JAD
Pacitio Ext., 1st, 6s, 1921.. AAO
52
Imp. A Equip. 6s, 1922
JAJ
70
1103*2
.
70
N. Y. Wood. A Roek
104
m
7
t
3
1 87
1 50
1 50
1
.
104*4
101
98
75
80
120
88 7e *9*6
114
111
102
99
94
38
111
8
)
no
.
1st, incomes
115
102
104
prior lie
100
104
102
St. P.E. AGr. Tr’k, 1st, guar., 6s.
Mil. A No—1st, 6s, 1910....JAD
120
do
97*2
40*2 42
95% 97
127*2 130
Conv. deb. 5s, 1907
FAA
Mich. Div., 1st, 6s, 1924
JAJ
Ashland Div., 1st 6s, 1925..MAS
20
91
j
137
j 1109
N.Y.Pa.A O.—1st,
103
Ask.
123*2 124
115*2 116
102*4 102 *a
J
J
1st M.
...
99
97
Mil.L.8h.AWest.—Ist6s, 1921. MAN
103*2
...
; 1112
\
SI
V
8
96
125
113*8 113*2
2d mort. ino
1065Q 108
3d mort. ino
72*2 74
65
65*4
68
68*2
do
do
18*2 19*2 N.Y. Phil. A Nor.-
J.L. A Sag.North Ext.,8s, ’90.MAN
do
Cons. 1 st M.,8s,’91.MAS
do
6s,1891
MAS
Joliet A N.Ind.,lst,7s (guar.M.C.)
Mich. A Ohio—1st,-6s, 1923 ..MAN
Midd. Dn. A Wat. Gap—1st mort..
2d mort. 5s, quar. N.Y. 8. A W...
120
117
II too
T
92
120
120
Bid.
Railroad Bonds.
116*2
KalamazoGA8.H.,lst,8s,’90.MAN
H6
HI
Ask.
120
102
New 1st mort. 6s
Mich. Cent.—Consol.,7s, 1902.MAN
Consol. 5s, 1902
MAN
1st M. on Air Line, 8s, 1890. JAJ
Air Line, 1st M., 8s, guar.. .MAN
6s, 1909
MAS
5s, coup., 1931
MAS
106
95
15
J
BONDS—Oostisued.
Bid.
Railroad Bonds.
......
[)
o
AND
>
0
rec.
STOCKS
1213,s 122
Memphis A L. Rock—1st, 8s, 1907
97S
9778 Memph.A Chari.—1st,7s, 1915.JAJ
2d mort., 7s, extended
H6
JAJ
108
1st consol. 7s, 1915
JAJ
t
1st.
cons..
Tenn.
99^
lien, 7s,1915 J&J
72
65
Gold, 6s, 1924
JAJ
Metrop’n Elev.—1st, 6s, 1908. JAJ
115
2d 6s, 1899
112*f
MAN
114
Mexican Cent.—1st, 7s, 1911..JAJ
114
Scaled 4s, 1911
JAJ
108
Bond scrip
75
Incomes, 1911
Debenture 10s, 1890-95
165
AAO
HO
JAJ
8crip 10s, 1889
Mexican Nat.—1st, 6b, 1912 ..AAO
102*s
n
New 1st mort. 6s, funded
Kanawha A O.—1st
Ask,
i)
N
D
J
OP
283
Expiaaatloas See Notes at Head of First Pa?e of Quotation*.
Bid.
Railroad Bonds.
Income, 1921, Tr.
QUOTATIONS
CHRONICLE
Consol.M.,78,1911, reg.A cp. J&D
J&D
Improvement mort., 6s, '97.A&O
Gen’l mort., 6s, 1908
J&J
Gen’l mort., 7s, 1903
J&J
Convertible, 7s, 1893
J&J
Cons. 5s, 1st series
M&N
Cons. 5s, 2d series
FAA
Scrip for 6 deferred *« eon pons
Consol, mort., 6s, 1911
1 In London
..
U Coupon off.
c.
131
119
105
111
105*4
111*4
113% 115
96*4
74
190
In Frankfort.
97
75
lOO
GENERAL
For
QUOTATION’S
Explanation*
Bid.
Railroad Bonds.
Trust certs., 4s, 1921
J&J
Pine Creek 6s, 1932
J&D
Pittsb.C.& St.L.—lst,7s, 1900.F&A
Pittsb.Cl.& Tol.-lst, 6s, 1922. A&O
Pittsb.&Con’llsv.—lstM.7s,’98.J&J
Sterling cons. M. 6s, g., guar..TAJ :i27
130
1*32
3dmort.,7s, 1912
A AO
Pittsb. McK.& Y.—1st,6s,1932. J&J
Pittsb. & West.—1st, 4s. 1917.J&J
Portl’nd&Ogb’g—lst6s,g.,1900J &J 105
Port Royal & Aug.—1st, Gs, ’99. J&J 105
40
Income mort., Gs, 1899
J&J
Ren.&S’toga—1st 78,1921 cou.M&N 142
55
Rich’d& Allegh—1st, 7s, trust rec.
Rich’d & Danv.—Con.,6s,’90..M&N 103
General mort., Gs, 1915
."J&J 1141a
Debenture, Gs, 1927
A&O 10)
82ia
Con. gold, os, 193G
A&O
Piedmont Br., 8s, 1888.
A&<! !03
75
108
120
114
New mort., 7s, 1915
M&N
Richmond York Riv. & Ches., 8s...
2d mort., Gs
M&N
Rich. & West Pt.Ter., Gs, 1897.F&A
Roch. & Pitts., 1st, Gs, 1921...F&A
113ia
iio
40
104
105
105
115*4
10z°8
il5 34
105
112*a
c
lli
e
..
F&A
ll8*a
95%
W’nNo.Carolina—lst,7s,1890.M&N
82 *2
Consol. Gs, 1911
J&J
West’nPenn.—1st M., 6s, ’93..A&O
Pitts. Br., 1st M., Gs, ’96
J&J
Wis.
Valley—1st, 7s, 1909
J&J
Worc’r&Nashua—5s, ’93-’95.. Var.
95
71
1013s 102*2
95*2
91*2
83*2
81
17
57
96
92
84
114
109*2
107*2
107
103
103
98
1108
Nash. & Roch.. guar.. 5s. ’94.A&0
RAILROAD STOCKS. Par.
Ala. Gt. 8outh.—Lim., A., 6s,pref..
Lim., B,
90
37
65
70
106*2 108
15 *
53
Wheeling & L. Erie—1st, 5s,... 1926
Wichita & Western—1st, 6s
J&J
Wilm. Columbia & Augusta, 6s
Wil.& Weldon—S. F., 7s, g., ’96. J&J
Wisconsin Cent.—new 1st, 5s
Incomes, non-cum., 5s
127*2
*
M&N
96 *a
90
113
Q’ncy & Tol., 1st, 7s,’90
I11.& S.Ia.,lst, 6s, 1912
F&A
St.L.K.C. &N. (r.e8t.&R.),7s.M&8
do 0m.Div.,lst7s,1919.A&0
do Clar. Br., 6s, 1919.. F&A
do No. Mo., 1st, 1895...J&J
do St. Cha’s Bridge 6s, 1908
Wab. Fund, 1907—Var. 7s. F&A
Warren (N.J.)—2d,7s, 1900 ..A&O
West Chester—Con. 7s, 1891..A&O
121*2
114% West.Maryl’d—3d en.,6s, 1900. J&J
110
......
109
.
Consol, mort., Gs, 1909
A&O
West Shore guar. 4s
J&J
West’n Ala.—1st M., 8s, ’88...A&O
2d mort., 8s, guar., ’90
A&O
113
.113
Fla.—1st, 7s, 1899
2d, 7s, 1N99
M&N 109
Seaboard & Roan.—6s, 1916..F&A
5s, coup., 19.6
J&J
90
Boloto Val.—1st, 7s, sink’g fd.. J&J
66
2d mort., 7s, sink’g fd
A&O
Consol. 7s, 1910
J&J II 50
Sham. Sun.& Lew.—1st, 5s,’12 M&N
90
Oregon Short-L., Gs, 1922
W. Jersey & At. 1st M.,6sl910M&S
West Jersey—1st, 6s, 1896
J&J
1st mort., 7s, 1899
A&O
So. Ga. &
Price nominal,
Deuv. Div., 6s
M&N
1st cons. M.,6s, 1919 M&N
Incomes, cumul., 6s, 1927...J&J
113
Gen. 5s, guar.,, 1936
M&N
lOl’ia
Wab.St.L&P.—1st, ex.,7s,’90. F&A
42
40
Mort., 7s, 1879-1909
A&O
85
87
2d mort., 7s, ext. 1893, ex..M&N
109
108
Equipment 7s, 1883
M&N
109
Gen., Gs, 1920, Tr. rec
J&D
Chic. Div., 5s, 1910 gold
1081a 111
J&J
111
Havana Div., 6s, 1910
J&J
104
104*4
Indianap. Div., Gs, 1921
J&D
8s
Detroit Div., 6s, 1921
J&J
117
117*a
Cons.mort..7s,1907,con vert.Q—F
1st. St. L. div., Vs, 1889
1161a 117
F&A
117
Gt. West., Id.,1st, 7s,’88
F&A
do
101*2
2d, 7s,’93....M&N
Sav. FI. & W.—1st, Gs, 1934..A&O
At. & Gulf, con. 7s, ’97
J&J
Bnsp.B.&ErleJune.—1st M.,7s
23 *4
'23*2
44
44*2
81*8
*
Charlotte Col. & Aug
100
Chesapeake & Ohio, common ..10o
do
1st pref.. .100
do
2d pref....100
45
46
50
28 %
29*4
30
2 34
33
434
3%
G
5
118
140
117
138
5
56
125
3*4
36
38
106
116
Bunb.Haz.&W-B.—lst,5s,1928M&N
2d mort., 6s, 1938
M&N
110*2
6
120
5
Chic. St. Louis & Pitts
100
do
pref
100
Chic. St. P. Minn. & Om.,com.. 100
do
<•
pref.. 100
Sandusky Mansf.&N.—1st, 7s,1902
So. Pao.,Ariz.—1st,Gs,1909-10.J&J
So. Pac.. N. M.-lst, Gs, 1911 .J&J
Staten Isl. Rapid Trans.—1st mort.
Steuben. & Ind., 1st Gs, 1914..J&J
Stook. &Cop -1st, 5s, 1905. ..J&J
Summit Br.—1st, 7s, 1903
J&J
109*2
57
7ft 77*8
115*2 116
108
108*4
120
Bo.Pac,Cal.-lst,6s,g.,1905-12 A&O
pd..l00
100
100
57
Chicago & Grand Trunk
Dak. Ext.. 6s. 1910
M&N
1st consol. 6s. 1933
J&J
do
reduced to 4*as ..J&J
Minn’s U’n, lat, 6s, 1922
J&J
Montana Ext.. 1st, 4s, 1937. J&D
Montana Cent.—1st, Gs, 1937J&J
Ban Ant.& A.Pass.,1st,6s,1916. J&J
do
1st,6s,l 926.J&J
M&S
119
4
17*2
Chicago & Ind. Coal Rail way.. 100
do
do
pref.. 100
Chicago Milwaukee & St. Paul.lOo
do
pref., 7.100
Chicago & North Western
100
do.
Pref., 7. .100
Chicago Rook Island & Pac.... 100
112
102
Div., 1st, 5s, 1926
Income, 6s
3
100
100
42*2
LOG
8t.L.Vand.&T.H.-lstM.,7s,’97.J&J
2d mort., 7s, 1898
M&N
2d, 78,guar., 98
M&N
Bt. P. & Duluth—1st, 5s, 1931. F&A
8fc.P.Minn.& Man.—1st 7s, 1909 J&J
2d 6s, 1909
A&O
Texas
50 § .54*4
97q
53
30
6
105*2
109
104 ia
30
118
J&D
J&J
4o
25
4
42
Ver. & Mass.—Guar. 5s, 1903 M&n
105*4
80
Vi'Jksb. & Mer.—New 1st mort
45
2d mort
G
3d mort., income
Vicksb. Sh. & Pac. -Prior lien, 6s.
1107
118
Va.Midland—1st ser.,6s,1906.M&S
2d series, 6s, 1911
M&S 117*2
3d series, 5-Gs, 1916
M&S 110*2
70
4th series, 3-4-5s, 1921
M&S
5th series, 5s, 1926
M&S 101
112ia
Ark. Br. 1. gr., M., 7s, g., ’95.J&D
Cairo Ark. & T.,1st,7s,g.,’97.J&D
Cairo & Ful.,lst,l.g.,7s,g.,’91.J&J
Gen. con. r’y & 1. g., 5s,1931A&0
St.L.&San Fr.—2d cl. A, 1906..M&N
2d M., class B, 1906
M&N
2d M., class C, 1906
M&N
South Pacific.—1st M. 1888 .J&J
Kan.C. &Sw., 1st,Gs,g.,1916..J&J
Pierre C. & O. 1st, 6s
F&A
$......
Burlington C. Rapids & North.. 10(>
California Pacific
100
California Southern
Camden & Atlantic
50 §
do
Pref
50 $ 42
52%
Canada Southern
100
54
Canadian Pacific
100
50 $
Catawissa
do
1st pref
50 i DO *2
do
2d pref
Cedar Falls & Minnesota
Central of Georgia
Central Iowa, 2d assesm’t
do
1st pref
do
2d pref
40
107
40
Bellev.& Car., 1st Gs, 1923.. J&D
St. L. Ark. &Tex. 1st Gs,1936.M&N
2d mort.. Gs, lu36
F&A
St. L. & Cliic.—lstcon.ts,1927. J&J
Bt. L. & Iron Mt.—1st,7s,’92..F&A
2d mort., 7s, g., 1897
M&N
Bo. Carolina—1stM.,68,1920..A&O
2d mort., 6s, 1931
.J&J
Income 6s, 1931
Bo. Cen. (N.Y.)—Consol, mort., 5s..
Bouth. Kansas—1st, 5s, 1926..M&S
J&D
94
156 ~
Valley of Ohio—Con. Gs, 1921.M&S
103*e
108ia 109
96*a 97
101*a
Div. bonds, 1894
IstM., 6s, 1896
106
155
35
40
80
§ 105ft ^1078
J&J
J&J
1st, Gs, 1899
Laud Grant, 7s, 1887-9
S'nk. F., 8s, 1893
O u. Bridge, sterl. 8s, g.,
Collateral trust, 6s, 1908 ....J&J
Collateral trust, 5s, 1907
J&D
Kans. Pac., 1st, 6s, 1895
F&A
do
do
do
100
do
Pref
Buffalo N. Y. & Phila.,aes.pd—50
do
do
Pref... 50
Buffalo Rochester & Pittsb
100
Afck.
108
88
118
95
BeUev.&S.Ill.,lst,8.F.8s,’96.A&0
8ham.V.& Potts.—7s, con. 1901 J&J
Shenandoan Val. -1st,7s, 1909. J&J
General mort., 6s, 1921
A&O
Bhreve. & Hous.—1st, 6s, gu., 1914
Bioux C. & Pac., 1st M., 6s,’98.J&J
Sodus Bay& So.—lst,5s,g.,1924J&J
j
j
1141a
Gs, 192G...J&D
RomeWat’n<vO.—S.F.,7s,1891. J&l>
2d mort., 7s, 1892
J&J
Consol., 1st ex. 5e, 1922
A&O
Rutlanu—1st M., 6s, 1902
M&N
Equipment, 2d mort., 5s
F&A
8t.Jo. & Gr. Isl’d—1st,guar.Gs.1925.
2d mort.. incomes, 5s, 1925
8t.L.Alt.&T.H.—1st M., 7s, ’94.J&J
2d mort., pref., 7s, 1894
F&A
2d income, 7s, 1894
M&N
|11 A
Boston Revere Beach & Lynn.. 100
Brooklyn Elevated., new
Brooklyn & Montauk
100
Bid.
Utah Cen.—IstM., Gs, g.,1890.J&J
Utah So., gen., 7s, 1909
J&J
do ext,1st,7s,1909J&J
Utica & Bl’k R.—Mort., 7s, ’91. J&J
87
Rome & Dec.—1st.,
M&S 1112
Railroad Stocks.
115
105 k 105%
1015ft 102
90
92
94
68
104
101
Consol. 1st, Gs, 1922
J&I>
do
income, 1921
Rome & Carrollt.—1st, Gs. g., 1916
Ask.
Central Massachusetts
100
inv II434
do
pref... 100
1
114*2
Central of New Jersey
...100
Central Ohio
50
A&O 103*2 |
do
Pref
50
M&S 114% lll7ft
128
Central Pacific
100
’96.A&O 1123
1st, Gs, 1898
116
115
105
BONDS—Continued.
Flr*t Pa*ce of ^notation*.
do
6s, 1901
M&S 1123 1125
104% 1
Cam. & Amb.,mort., 6s. ’89.M&N
114
Union Pacific—1st, 6s, g.,1896. J&J
j
1st, 6s, 1897
J&J 114 1115
144
114 34
no
85
of
Bid.
Sterling mort., 6s, 1894
125
Rich.Fred.& Pot.-M.7s, ’81-90J&J
Rich. & Petersb., Gs, 1915
M&N
General mort., 5s. 1931
J&J
1st trust, g., 5s, 1987
A&O
Ft.8.& V.B.Bd.,lst,6s,1910.A&O
St.L.K.&So.W. -1st 6s, 1916M&S
Trust bonds, Gs, 1920
F&A
St. L. W. & W., 6s, 1919
M&S
il734
140
Pittsb.Ft.W. &C.-lst,7s,1912~
2d mort., 7s, 1912
J&J
Equipment 7s. 1895
General mort.. 6s, 1931
119
111
%
II714
Head
140
9 fr.Bing.&N. Y.—consoles,’06A&0 135
Tex. Cent.— lst,sk.fd.,7s,1909M&N
70
1st mort., 7s, 1911
M&N
113
115*2
Texas & New Orleans—1st,7s.F&A
Sabine Div., 1st, 6s, 1912...M&S 101
IIO
rex.&Pac—1st M..6s,g.,1905. M&S 109
104 %
Cons. M.,6s, g. 1905.tr. rec. J&D. 104
46*4 48*4
Inc. and land gr., reg., 1915. July
1
RioGr. Div., 6s, 1930, Tru«t rec.
68*4 69
GO
63
Gen. M.& ter. Gs, 1905.tr.rec. A&O.
78
N.O. Pac.. 1st, 6s,gold, 1920. J&J II 77
98*2 99
Tol.A.Ar.&N.M.—1st,6s, 1924.M&N
108
Tol.A.A. CiGr.T., 1st,6s, 1921.J&J
95 >1 97
Tol. & Ohio Cent.—1st, 5s, gu.1935
Tol. Peoria &W.—lst,7s. 1917, tr. rec.
87*s
I 93*2
Tol. St.L.&K.C., 1st,Gs, 1916...J&D
'll!
United Co sN.J.—Cons.,6s,’94.A&O
do
gen. 4s, 1923
F&A 103 f
84
75
102L> 104
\ 105
107
!103
105
100 la 101
118
rVoL. XLVI.
STOCKS AND
Railroad Bonds
8d*4
Phila. Wil. & Balt.-
OF
Nee Note* at
Ask.
*18* ”20”
Deferred income.
*
CHRONICLE
THE
284
com
Ala. N. O. &
do
Pac., &c., pref
do
def...
Albany & Susqueh., Guar., 7... 100
Allegheny Valley
50
Atchison Topeka & Santa Fe..100
Atlanta & Charlotte Air Line ..10i)
Atlantic & Pacific
100
Augusta & Savannah, leased... 100
Baltimore & Ohio
do
1st pref.,6
do
2d, pref
Parkersburg Branch
Beech Creek
do
pref
Bell’s Gap
Belleville & So. III., pref
Boston &
Albany
100
100
100
100
50
50
50
100
100
| Bost. Con. & Montreal
100
do
Pref., 5...100
Boston Hoosac Tun. & Western
100
103*2! Boston & Lowell
105
100
I Boston & Maine
99
Boston & N. Y. Air-Line, pref.. 100
Boston & Providence
100
no**;
t Purchaser also pays accrued interest,
t In London
......
118
ill
80
101*2
89*2
......
82
81
'
109
85
Cheshire, pref.
Chicago
Chicago
Chicago
Chicago
100
& Alton
100
& Atlantic Beneficiary....
Chicago & West Michigan
Cin. Hamilton & Dayton
100
100
do
Pref.. 100
Cin. Indianap. St. Louis & Chic.100
Cincinnati N. O. & Tex. Pac
100
40
48
Cin. Sandusky & Cleveland
50
97
98
do
Pref., 6.50
Cincinnati & Springfield
Cin. Washington & Balt
100
id 9" i'l2"
do
pref.. 100
85
89
Cleveland Akron & Col
..100
109*4 Clev. Col. Cin. & Indianapolis.. 100
108
in
j Cleveland & Canton
91
do
do
Pref..
1
95
100
Clev. & Pittsburgh, guar., 7
50
Cceur d’Aleue
112
Columbus & Xenia, guar., 8
50
Col. Hock. Val. & Tol
100
Columbia & Greenville,pref.... 100
Concord
il4*2
50
Concord & Portsmouth,guar.,7 100
105% 106
r*i Connecticut & Passumpsio.-.i.lOO
118
100
Connecticut River
5
40
.
•••
107*2
107 *s
112
124
115
115
Danbury & Norwalk
50
Dayton & Michigan, guar., 3 *2.. 50
do
Pref., guar., 8.50
Delaware & Bound Brook
Delawaro Lack. & Western
100
50
101*4 1013ft
102
106
118
102
108
104
109
96 *2
97*2
89*2
140
112
12*2
Dubuque & Sioux City
100
Huntingdon & Broad Top
75
200
105*4 105*3;
159
160
215*2 216
98
248
U Coupon off.
jlOO
'250
143*2
113*4
14
38
38*a
107 *2
38*2 39
71
75
★
73%
76%
55
60
18
54
17*2
52
a
3*4
5%
34*2
49
8
32
155
166
21
15
138
3%
6*4
35
51
9
32*2
23*2
20
139
140
150
106*2 107
186
186*2
155
150
70
160
129% 129V
19*4
.......
do
do
pref. 100
Denver & Rio Grande Western. 100
Des Moines & Fort Dodge
100
do
do
Pref.. 100
Det. Lansing & Northern, com .100
do
do
Pref. 100
Duluth So. Sh. & Atl
do
Pref
101*2 104
118
EastTenn. Va. & Ga. Ry
100
116
do
do
1st pref..100
92
do
do
2d pref... 100
92*a
45
45 V East Pennsylvania
50
118
120
East & West, Alabama
103
105
Eastern (Mass.)
100
103
do
Pref
104
100
Eastern in N. H
100
t 11
11*2 Elizabeth Lex. & Big Sandy
100
4
Elmira & Williamsport, 5
1
3*2
50
do
l
1*4
1%
Pref., 7..50
Evansville
&
Terre
Haute
50
%
145
155
Fitchburg. Pref
.....100
Flint & Pere Marquette
10 J
do
do
...Pref... 100
975ft 97 78
x30
82 *2 Florida R’y & Nav. Co
10
do
9»4
pref
133
Fort Worth & Denver C
132
100
Galv. Harris!). & San Antonio
95
100
115
Georgia Pacifio
114
110
Georgia Railroad & Bank’g Co. 100
Grand Rapids & Indiana
7
3
Green Bay Winona & St. PauL.lOo
do
Pref
do
100
Houston & Texas Central...... 100
43
45
199
8%
4L*a
7b
92
-
6*2
58
126
40% 41
89% 90
Burlington & North.. IOC
Burlington & Quincy.. 100
Chicago & East. Illinois
100
do
pref.... 100
5o
do
do
Pref... 50
Illinois Central
100
<Leased line, 4 p. c. 100
do
Indiana Bloom. & West.,ass. pd.100
Jell’v. Mad. & Ind’p’s, leased.. 100
Kanawha & Ohio
do
1st pref
2d pref
do
§ Price per share,
c In
Frankfort,
a
50
11
8*2
13
10
18
50
60
99
100
75
10
28
30
9 7ft
10*8
64
61
••••••
21*2
22*2
J 51
124
124
107
124ia
129*2
107^
20
88
94i*
29
98
2
2ia
43ia
20
202
5
8^
12
18
21%
2u5
12
9
20
20
14ia
15*«
36*2
H4ia 115
95%
12
13
70
2
8*2
10*«
5
In Amsterdam
.
March 3,
THE CHRONICLE.
1888.]
0-ENSRA.L
For
Railroad Stocks.
Bid.
Scioto Valley
5
23
38
Kmgst’n&Pembr’ke50
29V
15
45
Lake Erie & W....100
do
Pref.100
L. Sh. & Midi. So.. 100
56
50
50
50
Long Island
La. & Mo. River. .100
do
Pref
100
Lou. Evans.tt St. L.100
do.
Pref. 100
Louisv. & Nashv..l00!
$167
...
168
Tol. Ann Arbor & N.M
Tol. it Ohio Cent’1.100
92
do
Pref.100
Q. N.J. RRitC. Co. 100
Gniou Pacific
100
13 V Utah Central
100
24 V ! Utica it Black Riv. 1 oO
6214
90
12V
24
503*
72*
Mil. Lake S. & W..100
do
pref.100 "97
Mil. & Northern... 100
Mine Hill it S.H....50;§ 631s
6
Minneap. & St. L..100
do
Pref... 100
Misso’i Kan.it Tex.100
14
Missouri Pacific... 100
8418
Mobile & Ohio
100
liig
7
77
193
55
St. L.25
Nashua & Lowell.. 100
N’squehoning Vall’y50
Pref.100
do
1st pref 100
do
2d pi of 100
N. Y. & Harlem ....50
8*4 3k !
llV^
78
195
21.6
N.Y.Lack.&West,..100
105
N.Y.L.Erie& West, 100
15
b%
Pennsylvania..50 $
9
31
32
2
16
41
3
44 V
79
90
{ 89
139 V 140
21
21V
44% 45
176
177
10
13
22% 2o V
89
t 87
1L
13
174 V
174
17^8 1
& Atlantic.. 1
6
Peoria Dee. & Ev..l00
18V
64V
Petersburg
100
Phila. & Erie
50 5,
Phil. Germ. & Nor..50 0120
64V
18
21
54 V
8
19
65
28
.
65 V
Pref. ...50 §
1
l
65
12
9
i53*
16^,
do.
Pr. f...5o
Port.Saco&Ports.lsd 6
i*2(T
Port Royal & Augusta
Ports. Gt.F.& Con.lOo
Rens. & Saratoga.. 100
Rich. & Alieg., ass. pd.
Rich. F. & P.,com.ioO
120
Guar. 7.100
15U
do
6.1b0
<t P’b’g.lOo
125
108
do
do
Riohmond
Rich. & West Point
do
lCO
Pref....lOu
Richmond YorkR.&c.
Rome & Decatur
Rome W. & Ogd... 100
Rutland
do
100
Pref., 7.. 100
«t. Jos.<& G’d Isl’d.loO
120 V
2
113
165
ii*5
108
12
6
215
Cues.&O.—6s, ’70.Q.-J
125
135
V
V
:•
13V|
24:{g
13%
53
113
112
18
38
125
: Franklin
j... .100
Gold it Stock
100
53V i Bonds
i
Mexican
100
116
N. Y. Mutual Un. Tel..
14
.
_
1st
_
18V ! Mutual Union 6s....
38 V IN’west.. 7s. 1904 .J&J
125 V (Postal Telegraph.. 100
1
Bonds, 1st 6s
83
16
American Bell
Amer.
113V
23%
60 V
1
(
24
60V
95
84
4%
37V
75
13
80
47
50
Mort. 6s, cp.,’95 JitJ
6s, imp.,cp.,’80 MitN
76 V
86
5
40
l|
||
52
2
5
.
110
I
*33
I
Tropical
10
*
6s,btitcar,1913MitN
7s,btitcar,1915MitN
.....
STOCKS, N.Y.
Am. Loan & Trust. 100
90
8a 11 Diego Laud
St.Louis B’dge,1st pref
2d pref. certificates.
;. Louis Tunnel RR..
8t. Louis Transfer Co.
13
50
•40
•22
.100!
j
72
7sV:|!
f|
j|'
220
43
538
2-00
1038
People’s, Jersey C
50
51
Louisville G. L
93
94
Milwaukee Gas
31 V
3-5 V Central of N. Y
50
104
105
’Consolidated, N.Y.100
140V 142
Equitable, N. Y
47 V 47% Mutual of N. Y....100
’105
107
N. Orleans G. L. ..100
53
;5i
Portland, Me., G. L.50
110
1106
St.Louis Gas fr..,100
70
80
Laclede, St. Louis. 100
101
San Fraucisco Gas
26
26 V Wash’ton CityG. L.20
—
t In London.
2-35
430
TON
...25
...25
25
!,
! Huron
2
2V
19
13V
39
39V
4
6
247
248
23e.
26o.
23
25
16
lev
5
5V
(Minnesota
$2V
National
Osceola
Pewabic
25
Ridge....
2o
5^3 V
23V
2V
70
Tamarack
MAN UFACT’ING
........
-
|
-
-
-
•
129 V 130
655
107% 108
Appletou (Mass.). 1000
Atlantic (Mass.)... 100
645
Barnaby (Fall Riv.)
l en
in*
- - -
Mfg. (F.R.)--
Bates (Me.).....
124%
Boott Cot. (Mass.) 1000 1335
Border City Mfg. (*
130
Boston Co.(Mass.)1000 1140
Boston Belting.... 100 157 V
Best. Duck (Mass.) /00 875
--1J>0
•£•)
I
$2%
850
(Fall Riv.);
Amory (N. H )
104% 105
Jr00|
Amoskeag (NH.) 1000; 1850 I860'
Barnard
590*
24
3
71
I
Androscog’n (Me.).lOO
142
160
215
175
S5
$4
171
170
|i Am. Linen
i
$2V
-
STOCKS.
280
3-oa
MINING
|{
j 105
•90
......
STOCKS.$
IV If
70c.
•75
4-60
•21
•10
x
I
108 V
•12
•50
•30
•35
19
7bV
§
i Purohaser also pays accrued interest.
400
\100j
*60
30
.....
Pacific Mail 88. Co. 100
Pkiladel. Co. Nat. Gas.
Pullm’n Palace CarlOO
1-25
100
20
93V'
IV
42V
50c
•50
100!
1
120
1
Land scrip
Oregon Improvement.
Oregon Ry.itN.Co.100
10-00
•40
ld & Curry 8.. 1001
4-25
m Mountain
101
Hale & Norcross. .1001 10-25
1 170
29%
*•*5*6
•41
,
j
100
1*80
5*87
•10
50
Speaking... 100
I
•65
2-25
•80
1-75
15-00
1-60
!
95
102
*8
218
*47
loo
100
-I Independence
Iron Silver
25
100
•42
06
j
ELECTRIC
I LIGHT STOCKS.
Brush, Balt
100
Brush Illuminat’g 100
I Edison
Edison Illuminating..
United States
United States Ill. Co..
TRUST CO.’S
*50
i*o*s*’
93
16
25
90
96
160
88
93
100
•60
!
40
76
V
3V
•50
100
100
Bulwer
100
! Caledonia B. H
100
Consol. California. 100
Chrysolite
50
Chollar
100
Cousol. Pacific
100
Crown Point
100
1
Erie
Mexican
New England
6s,g.rg.’94M&8
Belle Isle
! Bodie
Goodsliaw
25
72
45
Ask.
100
10
j Duukin
Eureka Consol
TELEPHONE
STOCKS.
109
123 V
74
131
Postal T. Cable, new.
So. Tel., 1st mort. b’ds
Soutli’n & Atlantic.25
Western Union....100
7s, 1900, M. & N....
114
Pa.D.cp.,7s,Mit8
129
Atlantic & Pacific st’k
General mort, cert.
Cent, it So. Am. Cable
!Commercial Tel. Co.pf.
61
50
.
72
109
73
|
25
.
145
Bank’s it Merch’ts.100
14V
Alta Montana
1 Ainie
Barcelona
Bassick
I
! Bechtel
......j
107
Eid.
GOLD A SILVER
MINING STOCKS*
(N. Y. & SAN. FRAN.)
273
U
36
31
140
TEL’PH STOC*
AND BONDS.
■Am-rieau Dist.Tel.100
130
136
107V
I08V
H.—7s, ’91.J&J
1st ext., 1891..M&N
Coup. 7s. 1894.AitO
46
55V
555s
12
L»el. &
35V
30 V
215V
Jersey
50 5**58"
West Jersey & Atl.. .50 5
Wil. Columbia it A.l 00
Wilm. it Weldon, 7.100
Wisconsin Central ICO
do
Pref.100
Wor.Nash.& Rock. 100
20d
do
p*
lo
13
50
28 V
28
26
35
50
2534
«
Perry
Brooklyn Trust ...ICO
Central
..100
48% Farmers’Loan & Tr.25
Lehigh Navigation..50 j 48
Knickerbocker
80
100
Morns, guar., 4
100
do pf.,guar.l0..100 200
j Long Island
150
j Mercantile
100
50
Pennsylvania.
..100
8cliuylkill Nav
50 5...... ......i Metropolitan.
N. Y. Guar. & Ind..l00
do
do pref. 50 $
5
N. Y. Life & Trust.100
itllSC’LLANEOUS
Union
100
BONDS.
100
Am.Wat’r\V.Co.,lst,6s 102% 103 V United States
Canton(Balt.)6s,g., ’04
N.Y. A BR’KLYN
Un. RR.,lst, end.,6s. 111
115
HORSE BBS.
Col.Coakt Iron— 1st,6s 101V L01% (See Local Securities in
Col & Hock. C. it I.,6s..
CiiKOMCLE each w’k,
Cov.&Cin.Bge. 5s,3-5y i‘0‘6 i'00 v
except first of month,.)
58, 5 years
M&8 101
GAS STOCKS.
Hend’u Bridge6s, 1931 107
Balt. Consol. Gas
57 V!
Or. Imp., 1st, 6s. 1910
98 V *98 V Boston Gaslight...500 890
Oreg.R.itN.lst.Os.J&J U9V 109% East Boston
25
37
Debenture 7s, 1883.
Roxbury...
100
Cou. 5s 2925 J.&D.. ‘*99’
9*9 V South Boston
100 115*
Oceau 8S.C0., 1st guar. 102V 104
| Brookline, Mass... 100 103% |
8t. L. Bridge & TunCambridge, Mass..100 171
let, 7s, g, 1929. A&O 1135
139
Chelsea, Mass
100 112
Teim.C.itl.—T’nn D.6s
85
87
Dorchester, Mass.. 100 106
Bir. Div. lst,6s, 1917
86
863* Jamaica Pl’n,Ma88l00 156
niSC’LLANEOIIS
Lawrence, Mass... 100 129 34|
STOCKS.
Lowell
100 193
Amer. Bank Note Co..
35
Lynn, Mass.,G. L..100 114
Amer.Cotton Oil trusts
SOV 30V Mald.& Melrose... 100 103
Aspinwall Land.... 10
9 V Newton & Wat’n ..100 136
9V
Boston Land
10
8
8V Salem, Mass
100 108
Boston WaterPower..
8
8V Brooklyn, L. 1
25 100
Brookline (Mass.)L’d5
5V
5% Citizens’, Brooklyn. 20
50
Canton Co. (Bait.). 100
46
48
75
Metropolitan, B’klyn.
Cev. it Cin. Bridge, pf. 210
Nassau, Brooklyn ..25 100
East Boston Land.
I
6V
65
People’s, Brooklyn. 10
Frenchman’s Bay Ld.
9%
97e Wiliiamsb’g, B’klyn 50 119
6
Keeley Motor
i
l2
Charlest’n,8.C.,Gas.25
Mauk’tt’u B’ch Co.lCO
10
12
Chicago G.& Coke.IOC
Maverick Land.... 10
3
3 V Chicago Gas Trust....
92
95
Cincinnati G. & Coke
N. Hampshire Land 25
35c
50c. Hartford, Ct., G. L..25
N.Y.&Tex.Ld.,Lim. 50
Jersey C.&Hobok’n20
rice nominal; no late transactions.
25
25
10 V
50
85
25 V
West
Wheeling & L.Erie 100
)
12
10
Ontario Sil. Min’g.
Warr’n(N.J.),l’s’d,7.50
Western Maryland.50
10V
.
......
8t.Loui8Alt.&T.H.100 "35*' *39**
do
Pref.100
St. L. Ark.& TexaslOO
Pref.100
)
37V
26 V
Coal.
..
.
Pensacola
Phila. Wilm.& Balt.50
Pitts. Cin. & St. L..50
Pitts. & Con., l’sed.50
Pitts.Ft.W.& C.,guar.7
Pittsb. & Westtrn ..50
do
)
10V
48
75
Miscellaneous.
34
37
25
20
,
17
Oregon Trans-Cont 100
20V
Oswego & 8yr., gu. 50
Pennsylvania RR. .50 § 53 v
Phila.&Read.ass.pd.5G
do
Virginia Midland ..100
WabasliSr.L.&Pac.lOO
)
)
1
9V
Ask.
MININi j
Marshall Cons.
L29
25:V Susq.—6s,cp.,1918J&J
58
...
Pref.100
Ohio Southern
100
Old Colony
100
Oregon Short Line 100
;
V
7s. coup., 1902..J&J
37V 37 Vi CANAL STOCKS.
113
ii4
; Chesapeake & Del..50
214
224
Del. & Hudson
100
15 7e
Del. Div. leased, 8..50
N.Y. & N.England.100
do
Pref.100
N.Y.N H.& Hartf.lCO
N.Y. Ont. <fe West.. 100
N. Y. Penn. <t Ohio
do
Pref.
N. Y. Phil. & NotLIOO
N.Y.8usq.& West’nlOO
do
Pref.lOu
N.Y. West Shore & B..
Norf.&West,, com.100
do
pref.100
do
128
...
Lehigh Nav.- 4Vs, ’14
RR. 6s, reg., ’97.Q-F
67 V
31
i
220 1
105
251*
5b%
Pref.100
Norw.ife Worcester, luu
Ogd. & L. Champ. 100
Ohio & Miss....... 100
10
A
STOCKS, N.Y.
N. Y. &
pref...
Conv
67
30
.
Northern Central... 50
North’n N. Hamp.100
North’n Pac.,com.l00
do
Pref.100
jVicksb. do
it Meridian
Cons.M.,1911 78J&D
V
% Penn.—6s, coup., 1910
6
8
I Schuylkill Nav.—
1067g 107
1st M., 68, 1897.Q-M
15
15V
2d M., 6s, 1907.. J&J
N.Y.Ch.&St.L.newloO
No.
6
6s,g.,cp.&rg..’97J&D Il2%
N. Jersey Southern..
N. News & Miss. Val.Co
N.Y.Cent.& H.Riv.100
do
70’ll 71%
11IV 112 V
56V
103 V
109 V 109V
14V Clies.&Del.-lst, 6s,’86
Jersey &N.Y.U0
do
COAL
CANAL BONDS.
13912 139V
Nashv.Chat.&
New
99
jVc.it Mass.,l’sed,6.100
BONDS—Continued.
Page of Quotations.
Bid.
12
34
South Carolina.... 100
Southern Pac. Co.. 100
S’west.,Ga., g-d, 7.100
AND
First
Ask.
7
33
50
! Syr. Bing, it N. Y.100
34 Summit Branch,Pa. 50
45 V Suubury & Lewist..50
9114 Terre H. it Ind’nap.50
5b 14 Texas it Pacific
100
5d V
Louisv.N.A. A Chic*.ICO|
35
40
Maine Central
100 1241s 125
Man. & Law’ce
212
100: 208
j
Manhattan, con...l00| 90
90V1
18
Marq. H. A Out.. .100: 16
do
85
87
Pref..100
55
57
Memph.& Cliarl
25
Mexican Central ..100
14
14 I41
Mexican Nat., Tr. rec.
7V
8
Mex. Nat. Consir. Co.
24
27
81
81
Michigan Cent.... 100
Midland of New Jersey
25
Morgan’s La.&Tex.lOO
Morris <tE’x, gu.,7.50
at Head of
Bid.
15
9118
ig
50
Little Miami
Little Schu’k’l
STOCKS
;3eab’d& RoanokelOO
Keokuk & Des M..10<
do
prof.. 100
Keokuk & West
Lehigh Valley
Miscellaneous.
St. L. Van. & T. H
! St. Louis & San Fr.100
82
do
Pref.... 100
134
do
1st pref.100
50
; St. Paul & Duluth. 100
8112
do
Pref.100
40
I St. P.Minn. & Man. 100
Kan. City & Omaha...
Kentucky Central. 100
OP
Explanations See Notes
Ask.
RR. STOCKS.
Continued.
Kan.C.Ft.Scott&G.lOO x81
do
Pref.. 100 xlS2
Kans.C.Mem.& B. 1< 0
49
Kan.C.8p’d& Mem.If 0 x81
Kan.C.Cl’n & Sp’d.100
30
QUOTATION'S
285
Chace (Fall Riv.) .100
Chicopee (Mass.) ..ICO
Cocheco (N.H.)---.500
(CollinsCo. (Conn.) .10
Continental vMe.). 100
iCres’t
Mills (F.R.) 100
Crystal Spr. B1.(I>.R.)Davol Mills (F. R.) 100
Dougl’s Axe (Mass) 100
(Dwight (Mass.).
500
| Bverett (Mass.).. -100
.
85
126
1315
135
1160
159
925
100
109 V 110
480
490
8
7V
36
36V
70
75
......
70
730
68
50
40
70V
740
69
i F. R.
1
Machine Co.. 100
F. R. Merino Co...lOO|
Flint Mills (F. R.) 100
Franklin (Me.).... 100
Gl’be Y.Mills(F.R.)100
Granite (F. R.)
-1000
Great Falls (N. H.)100
Hamilton (Mass.) 1000
Hartf. Carpet (Ct.)lOO
Hill (Me)....100
Holyoke W.Power. 100
100
10
116
104
90V
240
90 V 90V
785
790
i
190
133
77
79
216
Jackson (N. HJ..1000 10.0 1005
I
106
t^ing Philip (F. R.) 100
Laconia (Me).. ....400 460
465
Lancaster M.(N. 11)400 575
580
1
L’rel Lake Mills (I. R.)
32
90
^awreuce (Mass.) 1000
15 00 1540
I Lowell (Mass)
703
690 700
Lowell Bleackery.200 143
144
uowell Mach.Shop.500 700
705
Lyman M. (Mass.)-1001 67 V 68
vlauchester (N.H.) 100 144% 145
vlass. Cotton ....1000 LOJO
1020
dechanics’ (F. R.) 100
88
85
derchants’ (F. R-)
105
110
derrimack( Mass) 1000 L150 1160
- - -
__
]^00
detacomet (F.R.) -100
Middlesex (Mass.). 100
Iarragaus’tt(F.R,)100
Nashua (N.
S'aumkeag (Mass.) 10J
N. E. Glass (Mass.)375
Newmarket
Pacific (Mass.)...IOOO
—--f®?
§ Q lotatio. p6r share.
165
87
520
101
85
305
1550
175
90
a 25
103
95
315
1560
GENERAL
Pepperell (Me.)
Bagamore (F. Riv.) 100
Balmon Falls(N.H.)300
Bandw.Glnss(Mass.)80
Bhove (Fall Riv.). 100
Blade (Full Riv.).. 100
BtafFord (Fall Riv.) 100
Union
Equitable National...
Wampanoag(F.R.) 100
Weed Sew. M’e (Ct.)25
Weetamoe (F. R.)100
Willim’tic Linen(Ct)25
Nat. Lai.&Bk.of Com.
Ohio Valley Nat!
16
19*4 20
133
129
32
100
Bunker Hill
Central
10C
100
•
•
•
Western German
«
124
92
100
City
100
100
Columbian
Commerce
10(
Commonwealth ...100
100
Continental
19
150
|
13
132
128
20
j United States
31%
129Vl30*3
106
1C6*3
121% 122
130*3 131
100
City Nat
Falls City TobaccolOO
Fanners’of Ky ...100
102
184
128
103
127
Farmers’ & Drov..l00
100
First Nat
German Ins. Co.’s. 100
German
100
German National. 100
*1*87
131
104
127*4
124
119
116
169
138
117
Canal A Banking. .100!
Citizens’
100
Germania Nat
100i
Hibernia Nat
lOOj
Louisiana Nat..
100:
..
10CI
Metropolitan
100
*3! New Orleans Nat.. 100
103
People's
226
L50
lOOx
State Nat
Union Nat
loo
New York.
America
100
American Exoh’gel00
97%
139% 140
117** 118
!
50
Monument
100
100
220
100
151*3
132*3
100
50
100
110
Republic
ioc
100
127*3 129
140*3 141
! Citizens
ioc
100
100
126
i
Rockland
Second Nat
62*4
62*o
163
162
126 *3
Chatham
Chemical
City
-
25
,..100
100
25
148*4 149*0.
153
Chicago.
"Price nom nai;
110
175
[Imperial Fire
242
j Fourth St. Nat’l—100
N. Y. Nat. Exch’gelOO
New York County .100
Ninth National.... 100
North America
70
North River
30
notate transactions.
....
Lafayette
Merchants’Mutual 100
22 5
3400
300
140
167
124
195
130
150
1700
138 160
Merchants’ Nat
Teutonia
Portland, Me,
100
Casco Nat
First Nat
:
100
75
j Merchants’ Nat
[National Traders’.100
Richmond, Va.
25
j First Nat
100
!Merchants’ Nat...100
Nat. Bk of VirginialOO
I
City Bank
Planters’ Nat
100
State Bank of Va.100
St. Louis.
B’k of Commerce..106
100
Commercial
Continental
100
f Last price
Maryland Fire
.10
National Fire
16
Roston.
American F. A M. .106
:
106
|! Boston
100
Boylston
;
[Dwelling Houso...lOl
....
138
hUtt
100
Commonwealth. ..100
100
40
Eagle
Empire City
100
Exchange
30
Farragut
50
Fiie Association ..100
Firemen’s
17
hGerman-American 100
UGermania
50
!(Globe
50
IUGreenwich
25
Guardian
100
15
11]Hamilton
II]Hanover
50
50
51
160
148
118
123
116
121
138
140
29
lo5
126
104
30
j]Home
•
345
145
--
j]National
!]N.
_
J
27
18
16*3
5%.[
3*2
115
139
93
90
120
li
139**
ji
95
91
«
'184
170*
!Farmers’ Ids.
142
,120
I,?*
loo
125
1*40
Fidelity
[Firemen’s
Germania
Globe
98
160
99% 100
Miami Valley
[National
Security
140
thii wtek.
60
220
•••«••
Western
50
1
Last sa’e,
150
125
ldO
215
70
50
110
125
130
60
110
190
80
90
100
160
125
100
120
125
55
105
170
70
70
80
90
110
70
55
74
8J
130
90
56
50
80
d5
80
86
140
105
150
75
:45
100
i70
70
165
95
102
t40
102
&0
115
50
;40
285
140
65
56
140
2;'
146
90
50
156
85
100
125
95
70
100
25 J
*25j 1 40
m
m
m
98
20
25
§ Quotations per share.
19,000 bid.
It#,6 00
Feb. 28
u75 bid.
N.Y. Produce.
L.ist sale, Feb.
N.Y. Cotton
Last sale, Feb.
1,000
1,750 ask.
28
1,760
1,450 ask.
’88
1,400
+
Last sale, Feb. 28..
Esr. E xch. A Auc. R’ u
Last sale, Fob. 29..
100
70
101
;
Last sale, Feb. 27
..
Chicago Board of Trade
Last sale, Feb. 25..
217%
90
160
100
ISO
1171
650 bid.
660
1,300 ask.
1,110
13,500 bid.
Last sale, Feb. 24. 14,000
2,600 ask.
Philadelphia Stock
8*5
101
150
$
f.Consol.StockA Pe
Last sale, Mch. 1.
;
100
152
20
100
100
305
145
110
OF
EXCHANGE
MEMBERSHIPS.
140
230
100
20
20
290
90
100
PRICES
!
I 40*4
>117 j>
127*2 129
|
87
89
[
N.Y. Stock
100
98
j Merchants’A Manuf 20
Washington
I
Co...20
70
80
240
100
110
110
100
85
40
[Cincinnati
100
20
20
225
85
|
1126*3 |
L4S
Eagle
•'Enterprise
[Eureka
200
10 1 i>0
j Williamsburg City..5<
z60
25
!
100
175
10<
j;.Stuyvesant
j United States
Westchester
5
5
4
120
95
115
80
SO
56'’
iStandard
IfSterling
120
120
110
20
5o
People’s
150
160
140
170
150
110
(B’kiyn) —5<
ii[Plienix
Rutgers’
25
s
23
124
95
119
140
140
139
100
[ Peter Cooper
58
110
14*2
20
117
25
j
......
100
110
20
25
55%
106
37%
60
]
Niagara
203% j]North River
127
jjPacific
Park
9
™
67%
Y. Equitable
3f
|New York Fire....lO<
no
77
27*«
40
30
Mont auk (B’klyu)..
P1Nassau (B’klyn)
20
Commercial
65
73
Mechanics’ (B’kLyn)50
50
Mercantile
i Merchants’
50
100
130
38
50
53
i Manuf. A Builders’100
160
38
31
ji]
460
320
20
Citizens’
42
4
43*2
Kings Co. (B’klyn) .20
i i Knickerbocker
30
Lafayette (B’klyu) .50
i [[Liberty
10o
IMLong Isl’d (B’klyn) .50
117
[Aurora
161
41
3*3
37
100
]Howard
; Jefferson
Cincinnati.
[Amazon
100
Continental
115
Washington
70
.
^Clinton
I Manufacturers’. ..100
iMass. Mutual
100
North American ..100
! Prescott
.100
.20
Citizens’
126
182
[Mercantile F. A M.100
Neptune F. A M...100
Broadway
Brooklyn.;
..
250
ft....106
100
Eliot
! Firemen’s
200*' I
130
125
5
Howard Fire
•
!
25
25
17
Bowery
78
100 158
146
! Canal Nat
New York.
Alliance
1000
American
50
162’*
Southwark Nat
50
Tenth Nat. Bank
100
Third Nat
Western Nat
50
West Pliiladelphia.100
Cumberland Nat.. .40
33*3
54*2
34*2
55*2
100
100 i*18*
Southern
jj
r
Philadelphia Nat. .100
.100
Second Nat
Seventh Nat
100
Sixth Nat
100
Spring Garden
lOo
4000
150
169
128
Mechanics’ A Tr. ..100
New Orl’s Ins. Ass’n 30
NewOrl’s Ins. Co.. 50
*
Mutual
1°0
Sun
95
130
135
0*4
55
100
50
Hope
Nat. B’k Commerce.50
Nat.B’k Germant’n.50
Nat.B’kN. Liberties 50
Nat. B’k Republic. .100
National Security.100
50
Penn National
5?i
100
100
100
Home
'Independence
100
.Girard National....40
Kensington Nat
50 100
50
Keystone Nat’l
90
Manufact’r’rs’Nat.100
Mechanics’ Nat....100
77
160
Orleans.
Germania
Hibernia
170
110
23*3
53
Crescent Mutual ..100
I actors’and Tr...l00
Firemen’s
50
64%
64
Farmers’&Mech.N.lOO
!
75
155
Queen Fire A Life.. .1
Royal Insurance
3
New
Commonwealth Nat 50
iConsolidation Nat..30
25
22*3
Liv. A Lond. AGlobe.2
North’n Fire A Life ..5
North Brit. A Mer. 8%
iCity National
50
iCommercial Nat....50
114
285
135
130
79*3 82*3
188
192
100
[London Ass.Corp.l2*2
350
145
.
2471$
281
Lancashire F. A L..25
107
225
95*3 97
40
jllO
100
170
118%
! Franklin./.
100 175
162
Fourth National ..100 260
15e*2 ! International
10/ 90
158
Mechanics’
100 128
97*3
119*2 Merchants’ Nat ...100
130
129
St. Louis National. 100
Third National....100 109
63 *2
Sail Francisco.
56
106*2 108
Aimle-Californian
198
109
Bank of California
100 124%
First Nat. Gold
160
173
Pacific
1
*118
[Commercial
Union. £5
Guardian
50
Centennial Nat....100
10
154
60
j
Atlas National
Chicago Nut
100
Cormrw'rpiH? Nat...lon
118
Western National
i
Philadelphia.§
j B’k of N. America 100
104
171
126
141
142
131
257
137
143
126
120
117
170
140
- 111
151
Com Exchange ...100
i East River
195
25
ioo 185
Security
Bbawnmt
100 124% 125
.25
Eleventh Ward
Shoe A Leather....100 100*3 •101
First National
100
Bfcate
ioo 116
116*3 Fourth National.. .100
Buttolk
ioo 115*3 116
Fulton
30
Third Nat
100 1‘jO *4 100% Fifth Avenue
100 800
Traders’
9**3 93
100
Gallatin National ..50 200
Tremont
ioo 102*3 103
Garfield
100 250
Union
ioo 141 *3:142
German American. .75 113
Washington
Germania
100 200
loo 120*3! L21
Webster
100 103% >104
Greenwich
25 116
100 185
Hanover
Brooklyn.
328
Brooklyn
100 145
Importers’ A Tr...l00
First National
50 330 j
Irving
;..50 148
Fulton
40 167 1
Leather Manufts..lOO 195
City National
50 335
Manhattan
50 160
Commercial
60 150
Market
100 170
Mechanics’
25 166
100 118
Long Island
150
Manufacturers’
Mechanics’& Tr.. .25 145
Mechanics’
50 225
Mercantile
100 145
Nassau
100 210
Merchants’
50 138
Merchants’ Excli’e 50 115
Charleston.
22
B’k of Chae.(NBA) 100 134
Metropolitan
100 152
First Nat. Clias.. .100 205
Nassau
50
200
New York
100 215
People’s National.
American Excli. Nat..
i*25
Ask.
245
111
100
iPhcenix
100
Steam Boiler
50
I
London, Eng.
(United States Nat.100
91
9**
145
57
159
150
150
116
125
515
62 *2
m
145
Jiio J; FIRE INSUR’CE
10U
STOCKS.
225
Asbury Park Nat. 10.)
Raltiinore.
134
; i Broadway
25 250 265”
152
Butchers’A Drovers25 162*2
ji Associate Firemen’s.5
137*' ji Baltimore Fire Ins.10
133
1 Central National.. 100 130
11 ‘*3 Chase National ...100 220
|!Firemen’s Insur’ce .18
100
133
133
142
j
New Orleans.
Bank of Commerce
:0'4 Mutual Nat
112
115
106
109
102
170
125
139
140
130
255
Kentucky Nat
100
Louisv. Banking Co.40
100
Masonic
Merchants’ Nat. ..100
Northern of Ky ...100
People’s Bank
Second Nat
100
100
Security
Third National
100
Western
100
120% 121
Metropolitan
Revere
118
117
107
114
117*3 Citizens’ National. 100
90
142
Massachusetts ....250 102
Maverick
iooi 22; *3
Mechanics’ (So.B.)lOOi 140
97
Merchandise
100!
People’s
Redemption
116
117
iooi
Market( Brighton). 100
OldBoston
121
162
B’nk of Commerce...
Bank of Kentucky 100
Bank of LouisvillelOO
|
North America
120
161
90
Louisville.
30
136% 137
120
119
Eagle
100 104*2 105
Eliot
ICO 129
129%
Evorett
100
95
97 I
l25*o
126 1
Exchange
100
Faneuil Hall
10C
140
141
|
First National
100 220
230
First Ward
100 128
132
!
Fourth National..100 111
111*3
Freemans’
i
95
loci 92
Globe
94
lOOj 93
Hamilton
100| 124% 125
Hide A Leather.. .100j 114% 115
Howard
109
'
100 107
Li .coin
loo' 110
110*3
Manufacturers’.. .100: 94*3 96 i
Mt. Vernon
New England
100
100 250
95
82
Market
95 ‘
90
49
91
State
110*3
65
60
m
141
300
115
140
116
117
106
'Corn Exchange Nat.50
100
Eighth Nat
67*2 ! First Nat
100
225
m
[Orient
280
135
210
; 40
m
m
m
100
100
100
112
100
^Tradesmen’s
Connecticut
Hartford
National
110
100
| State of N. Y
Connecticut River 50
Far. & Meek. Nat. 100 101*3
98
First Nat
100
Hartford Nat
100 15*3" 160
93
Mercantile Nat.. ..100
64
57
National Exchange. 50
128
Phoenix Nat
100
12*3
—
100
[2Etna Fire
170
130
20
ExeliangelCO
Republic
140
101*s
100
City
ICO
100
180
107
145
275
180
145
95
i Hartford, Conn.
188
50 162
100 167*3
25 185
Second National..IOC
Seventh Ward
100
Shoe & Leather....100
:8t. Nicholas
100
l^l^
/Etna Nat
100
American Nat
50
Charter Oak Nat.. 100
46
127
93
11*3
39*4
12*3
Bank
Hartford.
•
58*s
44*3
Second National ..10C
Third Nationa1....10(
Union
75
2(
Western
Boston.
100
Atlantic
Atlas
..100
Blackstone
IOC
Boston Nat
10C
100
iQueen City National..
Second National
...
Exch’ge. 100
2.
Broadway
200
139
255
130
67
196
140
200
Merchants’ National..
York Co. (Me.)
750
BANK STOCKS.
Boylston
*175**
270
First National.
Fourth National
German National
Market National
Wa8hingt’n(Mass.)100
People’s
140
225
175
1C4
Commercial Bank
Union C.Mr. (F.R.) 100
Phenix
Produce
!
Y’dsNat.100
Atlas National
Cincinnati National...
Citizens’ National
Troy C. AW.(F.R.)500
Franklin
60
German American....
Howard
1
Marine.
30
Meohan'cs’
10
Merchants
100
110
Cincinnati.
Tecumseb (F. R.). 100
Thomdike(Mass.;1000
TremontAS.(Mass)100
Pacific
I Park
People’s
Bid.
Insurance Stocks.
Bid. i Ask.
-.25
Oriental
!
National....100 17p
Un.Stock
Stark Mills(N.H.)IOOO
First Pa?e of Quotations.
Bank Stocks.
120
Continental Nat...100 115
First National
100 245
lC4is
Fort Dearborn Nat
Hide and Leather.ICO 140
Merchants’Nat.. .100 360
Metropolitan Nat. 100 165
Nat. Bk. of Amer..l00 1371s
Nat. B’k of Illinois.100 185
Northwestern Nat. 100 800
500
Pocasset (F. R.)...100
Rich. Bord’n(F.R.) 100
Robeson (F. Riv.) 1000
Baltimore*
Bank of Baltimore 100
Bank of Commerce. 15
Citizens’
10
Com. & Farmers’.. 100
Farmers' B’k of Md.30
Farmers’ A Merch. .40
Farmers’APlanters’25
First Nat.of Balt.. 100
Ask. 0
Bid.
Bank Stocks.
Manufac’ing Stocks.
[VOL. XLVI,
STOCKS AND BONDS—Concluded.
QUOTATIONS OF
E(plantations See Note* at Heal of
For
National
CHRONICLE
THE
286
2,600
1,800 ask.
1,890
March 3,
THE
1S88.J
CHRONICLE.
287
Latest
Jmuestmeut
Roads.
Earnings Reparted.
WeekorMo
1887-8.
Jan. 1 to Latest Date,
1880-7.
1887-8.
AND
f
$
nilroacl
Knoxv. A Ohio
Lake E. A West
Intelligence.
.
December
3d wk Feb
39.890
Lehigh A Hud... January.
L. Rock A Mem. |3d wk Feb
Long Island
The Investors’ Supplement contains a complete exhibit oj
the Funded Debt of States and Cities and of the Stocks and
Bonds of Railroads and other Companies. It is published
on the last Saturday of every other month—viz., January%
|4tk wk Feb
Lykens Valley.
March, May, July, September and November, and is fur¬
nished without extra charge to all regular subscribers of the
Chronicle.
Extra copies are sold to subscribers of the
Chronicle at 50 cents each, ani to others at $1 per copy.
Mar. Col. A No.
Mar. Hough. AO
21,643!
RAILROAD EARNINGS.
99,342
0,773
8,317
39.290
110,000
147.900
36,790
i
.
Gross Earnings to Latest Dates.—The latest railroad
Nash. Ch. A St.L.
Natchez Jac. AC
New Brunswick.
N.Y.Cen. AII.R.
cN.Y. L. E. A W
N.Y. A New Eng.
N. Y. Out. A W...
N.Y. Sits. AW...
Norfolk A West
N’theastrn (S.C.)
Northern Cent’l.
Northern Pact tic
Ohio A Miss
Ohio River
Ohio Seuthcru..
earn,
ings and the totals from Jan. 1 to latest date are given below
for all the railroad companies whose reports can be ob¬
tained.
Latest
Earnings Reported.
Jan. 1 to Latest Date.
ROADS.
Wcelc
or
Ho
[
Allegheny Val.
January...
1SS7-8.
1880-7.
$
155,155
$
148,091
1887-8.
1880-7.
$
$
155,155
148,091
1,057,078,1,710,355.10,905,412 14,459,378
120,028
104,411 1,319,377 1,158.504
37,882
41,541
41,544
37,882
52,231
54,438
375,793
350,795
122,498
122.498
107,127
107,127
December |
Beech Creek
97,352
58,789
780,823
009,090
Buff.Roch.APitt 3d wk Feb *30,114
32,932
222 242
253,308
.
Atch. T. & 8. Fe. November.;
Atlanta A Char. December. I
Atlanta AW. Pt.. January...
Atlantic & Pac.. 3d wk Febi
Balt. A Potomac January...
50,110
10,018
44,141
32,984
*29,843
119,000
20,713
40,219
100,750
109,440
27,920
Carolina Cent... December.
Central of Ga... 3d wk Feb
48,095
130,311
Central Iowa.... January...
99,745
Central of N. J. December.
974,880
November.
Central Paeilic
1,307,442
Central of 8. C. December
8,937
Charlest’n & Sav December
Cheshire
December.
Cheraw &Darl. December.
49,557
Chesap. & Ohio. [November.
393,171
49,155
8,701
Erlanger Syst '3d wk Febi
..j
E
Det.Bay C.AAlp. January... j
Det.Lans’gANo. 3d wk Feb
Duluth S.S.AAtl. 3d wk Feb'
E.Tenn.Va.AGa. 3d
Evans.A Ind’plis 3d
Evansv. AT. H.|3d
Flint A P. Marq.;3d
Fla.R.ANav.Co. Sd
Ft.W. A Den.City ;3d
wk Febi
wk Feb
wk Febi
wk Feb
Febi
wk Feb;
Georgia Pacific |3d wk Feb!
Gr. Rap. A Ind... 3d wk Feb;
wk
.
Other lines
;3d wk Feb
Graud Trunk...;\Vk.Feb.l8
Gn.Bay W.ASt.P|Dccember
Hous.ATex.Cen.i2 wks Feb
Humest’n ASlien December
Hl.Cen. (111. A So) January...
Cedar F. A Min., January...
Dub. A Sioux C. January...
Ia. Falls A S. C. January.
Ind. Bloom. AW 4th wk Jan
Ind. Dec. A Spr. January.
Ind. A St. Louis 3d wk Feb
Jack. T. A K. W. November.
K.C.Ft.S. AGulf. 1st wk Feb
Kan. C. Sp. AM. 1st wk Feb
Kan. C. Cl. A Sp. 1st wk Feb
Kentucky Cent. January..
eokuk A West. 3d wk Feb
ngst’n A Pern.3d wk Feb
373,029
97,151
280,107
32,934
1,373,205
27,920
1,030,557
99,745
100,759'
2,308,432 27,570,078 20,728,408
33,2071
258,885
277,2031
7,817
308,134
1,723,173
70,401
50,400
2,553,000! 2,544,291
1,571,289
149,229
62,324 1
29,475 !
23,991 !
216,108 1
7,550
59,010
29,499
14,450 j
9,339 j1
13,777 |
11,034
324,888 1
24,007 ;
203,392
,
12 t,545
8,01 1
10,202
123,588 *
7,030
9,747
85,239
10,297
85,010
40,854
10,045
28,804
313,430
5,291
10,181
5,522
47,201
130,500
20,075
22,871
27,500
13,51 I
220,144;
217,297
100,380
402,094!
123,030
75,437
77,100!
904,477'
293,4 01
03,501
373,905
313,430
5,304
41,454
0,000
52,530
*40.252
3 10,23 1
134,800
18,575
13,890
24,390
42,070
*4*7*405
.L
145,150;
22,871
27,500!
15,941
10.014
105,403!
11,347
13,205
99,702
4,575
811,508'
109.572
4,710
10.900
40,545
24,925
17,800
28,419
38,181
3,779
202,478
29,315'
112,022*
14,317
40,410
320,937!
20,803
105,05 11
9,712
118,015!
21,001
190,403
35,924
1,909
255,705|
311,593
25,885
87,079
17,420
888,905
5,990
50,781
42,223
52,042
28,471
32,891
124,121!
*99,5*4*0
16,504
959,948
7,857
60,038
22,841;
60,038
42,487
35,492
40,712
32,152
3,734
38,624
43,692
72,709
0,437
07,191
0.049
28,471
205,179
402,173
254,014
174,242
24,000
72,709
48,691
2,362
1,995
18,180^
30.805
31,954
5,334
117,845
92,709
436,513
242,094
15,641
805,067
2,714,710
1,888,060
357,787
149,810
581,005
49,9911
550,919
January...!
452,441
514.948!
544,777
514,943
948.017
500.838
January...
59,180
371,205
452.441
130,485 1,205,002
103,557
513,132
47,292
3,557;
53,470!
59.180
204,470 4,107,707
December.
3d wk Feb
3d wk Feb
3d wk Feb
Branches
3d wk Feb
St.L. Ark. A Tex. 13d wk Feb
St.L. A San Fran. |3d wk Feb'
St.Paul A Duluth j 3d wk Feb
St.P.Min. A Man. January,..!
S.Aut.A Ar.Pass. 2d wk Jan
Scioto Valley
December.
Seab’rd A Roan. December
Shenandoah Val. January.. <
Sout b Carolina
December.
So. Paciiic Co.— |
Gal.liar.AS.A. December.!
Louis’a West.. December ,
.
15,041 j
04,104
15,255
254,319
85,938
0,521
84,596
407.010
29.075
53,476
13,700
14,400'
103.525!
113,200
30.700
2 1,00
332,827
1,203,008
228,340
320,404
2,008,571
244,005
305,075
3,4 50
18.500;
121.504
If
•
200,052
1,570,821
727,084
220.507
155.507
20,400,
21,300
14.700
223.744
930,240
13,400
1,037,750
652,304
189,531
134,520
102,783
97,549
1,935
1.235
13,470
12,297
2,175
208.010
775
187.285
184,570
14,4 99
050,903
5,315
1,184,625
184,570
271,919125,497
2 89.f 01
055,905
VI* *54
157,834
212,440!
32,891 !
18,340
1,342.581
212,440
30,805
205,179
133.210
377,c 81
18,075
17,344
41,159
97,708
19,059
482,421
459,251
48-,v21
34,781
459,251
01,937
54,093
789,124
081,370
57,070
94,107
-
17,820
02,901
07, ISO
51,100
57,288
51,1*00
122,898
57.2*88
97,949
1,217,392
2,120,000
314,878
210,070 3,347.184 2,599,403
77,8 tO
00,001
843,794
044,088
020,732
Morgan’s LAT. December.
484,833 4,084,259 4,185,437
N. Y. T. A Mex. Deeeniber.,
15,530
14,073
170,520
158.858
Tex. A N. Orl.. December, i
119,120
102,151 1,207,503
998,209
Atlan’c system December* ,148,119
913,792 10,313,408 8,586,617
Paeitic system,December
!. 102,977 1,990,754 27,055,799 23,523,541
Total of all.. December. ; 1,551,090 2,904,540 37,309,205 32,110,158
Tol.A.A.AN.M’h
Tol. A Ohio Cent.
Tol. 1*. A West..
Union Paciiic.>.
49.800
202,600
42,487
271,919
252.459
280,774
199,387
19.182
67,191
42,092
11,832
a
November.
November.'
November.
November.
December
January...
January...
3d
3d
3d
3d
wk
wk
wk
wk
Feb
Feb
Feb
Fel)
1 12,705
405,903
109,170
59,202
8,191!
42,883
150, ‘73
110,7 50
11,712
23,0.02
19,103
160,217' 1,590,103
342,84 8 3,885,483
131,348, 1,521,815
55,900
035,799
77,954
8,177
40,028
42,8831
80,311
110,401
10,34 ll
150,973;
902,544;
89;
17,74l!
182,501!
20.1
79,790
123,9571
81,793
40,023
80,Ml
805.549
02,519
1 17,320
123,205
Gross
Earnings by Weeks.—The latest weekly
earnings in the foregoing table
are
separately summed
up
below.
Though there
are
21 roads that show diminished earnings
for the third week of
a
February, yet there
gain, and the result
crease
j
i
1
!
]
1
1
|
J
1,501,638
2,985,881
l,o 95,070
0(7,983
All lines included.
Latest
I
|
If Including Ind. A St. Louis.
31*8,124
5,990:
42,223
187,305
190,478
409,905
270,800
111,455
*
50,781!
49,860'
58,9ri2!
301,439
December. S ,213,872! 2,343,543 28,557,700 26,280,186
380,738' Valley of Ohio..‘November/
50,7931
001,100,
570,977
01,100;
912,270 Wab. Western.
3d wk Feb
79,523
057,7081
710,218
109,532j
120,484 Wab., E. of Miss December.
510,790
589,540, 0,901.5871 0,791.215
13,890 Western of Ala.. ‘ anuary.
49,440
45,474*
49,440
45,474
24,390
West N. V. A Pa. 3(1 wk Feb:
50,500
;»l,3L0i
323,909
373,05!)
110,500 I West Jersey— J anuary... >
85,705
70,828
85,705
70,828
84,580 Wil. Col. A Aug December
747,057
08,833
02,9s9!
077,007
720,815 Wheeling A L. E. >(l wk Feb
121,594
92,158
18,033,
13,295;
31,942 «Wisconsin Cen. Id wk Feb
15,100*
395,190
353,079
57,110,
97,491
299,137
And branches.
* Mexican currency.
101,028
00,408
c After deducting earnings paid over to leased roads operated on a per*
159,031
250,772 cent age basis.
12,025
fNot including Central of N. J. in cither year.
100,852
959.948
7,857
838,905!
200,198
277,(59
111.440
81,000
09,715'
3d wk Feb
liSt.L.Alt. AT.H.;.3d wk Feb
1,843,729! 2,029,540
440.852j
277,930
101,701!
207,847
147,900
15.721
258455
705,644
140,991
810,443
January... .2,710,704 2,714,710; 2,710,704
January... 1,890.183 1,888,000 1,890,183
January...! 391,539
357,787
391,539
3d wk Feb
24.882
20,8281
174,114
January...! 119,527
119,527
84,596;
..
85,812
So. l’ae, RK.—
93,117
No. Div. (Cal.)
940,080
So. Div. (Cal.)
47,479
Arizona Div'..
10,297
New Mex. Div
85-.010 Spar. U11. ACol.
300,090 StatenIs.Rap.Tr
54,189 j Summit Branch
350,910 ! Texas A Paeitic.
298.349
989,400
-
371.459
153,101
210.10S
48,425
443,480
85,239
298,349
100,823
203,3921
57,285'
52,438
9,747
8,880
29,197
1,723,173
0,031
440,385
274,233
843,600
81,052
50,989
December, i
....
145,000
5,414 j
737,121 8,941,380 8,000,640
240,389
38,957|
255,425
149,290 2,270,198!
46,924
212,094*
R A W. P. Ter. Co—
Rich. A Danv 3d wk Fel)
Va. Mid. Div.. 3d wk Feb
C. C. A A. Div.j3d wk Feb
Col. A Gr. Div. 3d wk Feb
West. N.C. Div 3d wk Feb
W. O. A W.Div. 3d wk Feb
Asb. A Sp. Div. 3(1 wk Feb
Total all
3d wk Feb
Rome W. A Og
|January...;
4,080,399 3,755,807
1,115,0731
937,528
452,71 <5 j
153,438!
324,888
8.951
824,408
109,440
*
440,385
18,77 8
371,459 !
8,302
29,843
1,017.493
20,713
995,925 11,528,588 10,742,892
145,000:
99.342
32,027j
100,023;
17,370
81,000
23,933
2,101,284
242,363
347,522
5,200;
140,991
43,983
15,955
117,845
15,090
312,541
507,261
114.647
241.908
393,282
04,342
24.757
200,052
223,744
fPhila. A Read’g. January.. J 930,24 0 1,570,821
Coal A Iron Co. January...i 332,827 1,037,750
Tot.both Co’s..'January... 1,203,008 2,008,571
Pitts. A West’rn. 3d wk Feb
30,009
30,500
22.510
27,544
PTtRbyal AAug. December :
Pt. R’al A W.Car. December
30,723
27,300
90,783
904,132 12,498,085 10,904,835
7,072
49,814|
482.895
495,702
50,841
054,932
G30,703
358,551
80,840
20,912
136,655
270,806
15,255
05,508
January...;
January... i
Peoria Dec.AEv. 3d wk Feb
Pliila. A Erie— 'January... i
3G4|041
6,081!
Eliz.Lex.AB.S December
99,321
Ches.O. &S. W.. January..
100,759
Ches. A Lenoir.. December.
0,808
Chic. A Alton... December
740,599
Chic. A Atlantic 3d wk Feb
30,038
Chic. Burl. A No December
141,998
Chic. Burl. A Q.. (December 2,103,388
Chic. A East. Ill. 3d wk Feb
41,501
Chic. A Ind. Coal 3d wk Feb;
11,149
Chic. Mil. A St.P. 3d wk Feb! 382,000
Chic. A N’Jhw’nJJanuary... 1,571,289
Chic. A Oh. Itiv. January., j
Cliic. St.L. APitts January... j 452,710 i
Chic. St.P. AK.C. list wk Feb;
31,570 j
Cin.Eieh. AFt.W. 3d wk Febi
Cin. St-1. A Mob..' January.
Cin. A Spring’d January...!
Ciu.Wash.ABult. 3d wk Feb;
Clev.Akron ACol 2d wk Feb
Clew A Canton December
Clev.Col.C.A Ind January.
Clev. A Marietta 3d wk Feb,
Coeur d’Alene...!December j
Col. A Cin. Mid j3d wk Feb;
Col.IIock.V. AT.;3d wk Feb
Deuv. A Rio Or i3d wk Feb
Denv. A R. G. W. 3d wk Feb
Den. Tex.AGulf. January...
14,355
181,000
Cp.F’r AYad.Val January...
Chic.St.P.M.AO. January...|
Chic. A W. Mich. 3d wk Febi
Cin.Ind.St.L.AC. January.
Cin. Jack. A Mac. :3d wk Feb!
Cin. N. Cr. AT. I’.;3d wk Feb*
Ala. Gt. South. i3d wk Feb!
N. Orl. A N. E ?3d wk Feb
Vicksb. A Mer. 3(1 wk Febi
Vicks. Sli. A P. ,3d wk Feb!
43,734
i
3d wk Feb;
3d wk Feb|
Cal. Southern... 3d wk Feb
ICamden & Atl’c January...
Canadian Pacific 3d wk Feb
Cairo V. A Chic
245,578
17,068
Oregon Imp. Co December
2,999,483
Oreg. R. AN. Co December
539,849
403,152, 5,370,258! 5,344,902
Pennsylvania... January. .4,193,979 3,851,771 4,123,979 3,851,771
Penn. Company.
No. West. sys. December 1,585,090 1,350,950 18,532,322 15,409,215
So. West. sys.. December 1,287,937 1,100,004 14,302,552
12^002,449
....
Bur.C.Rap.A No.
38,281
43.444
40.924
4,013
52,771|
3d wk Jan
Memphis AChas. 3d wk Feb!
*Mexican Cent
3d wk Feb
*Mex. N. (all Ins) January... i
Mil.L.Sh.AWest 4th wk Feb!
Milwaukee A No. 3d wk Feb
249,0*5*3
115,2"0
25,5181
349,276
52,472!
550,638
17,391!
130,957
289.470 2,227,947
309,050
36,340
December
Min.St.Ste.M AA December.
Mobile A Ohio
February..
18,394;
50,267
January... j
Minneap.A St.L. January,
33,256
20,912 i
17.103
1886-7.
$
34.838;
37,504
17,008
33,221
Lou. A Mo. Riv.. November.
Louis.Ev. ASt.L.!3d wk Feb
Louisv. ANashv.'3d wk Feb
Lou.N. A. A Chic, :3d wk Feb
Louisv.N.O. AT. 3d wk Feb
i
$
on
are
55 that report
the whole body of roads is
of 8*48 per cent over the same
week in 1887.
an
in¬
’•if
1
]
1
1
]
I
1
CHRONICLE.
HE
288
[Vol. XLYI.
•<
of February.
Prev’ly report’d (13 roads)
1888.
1887.
$
$
,144,390
54,438
36,114
52,231
32,932
56,110
48,734
16,018
181,000
130,311
14.355
Buffalo Roch. & Pittsburg.
Burl. Cedar R. A North-..
Cairo Vin. & Chic.
Canadian Pacific
Central of Georgia
36,638
11,149
24,007
8,362
62,324
29,475
14,456
9,339
8,951
8,011
Chicago A Atlantic
Chicago A Ind. Coal
Chic. & West Michigan...
Cincinnati Jack. & Mack.
Cin. N. O. & Texas Pac...
Alabama Gt. Southern
New Orleans A N. E
Vicksburg A Meridian..
Vicksburg Slirev. & Pac.
Cin. Rich. A F. W
Cin. Wash. A. Balt
Cleveland & Marietta
Col. A Cin. Midland
Col. H. Val. & Toledo
Denver A R. Grande West.
Detroit Lans. A North
Duluth S. S. A Atlantic...
East Tenn. Va. & Ga
Flint & Pere Marquette..
Florida Ry & Nav
Fort Worth A Denv. City.
40,854
5,291
5,522
47,261
20,075
....
15,941
14,347
109,572
46,545
24,925
17,800
28,449
38,181
3,779
262,478
6,437
Georgia Pacilic
Grand Rapids A Indiana.
Other lines
:
♦ Grand Trunk of Canada.
Keokuk & Western
Kingston & Pembroke
.
Memphis & Charleston...
Mexican Central
Milwaukee & Northern...
New York Out. A West...
Ohio A Mississippi
Ohio River
Pittsburg A Western
Richmond A Danville
Char. C. A A. Div
Col. A Gr. Div
West North Car. Div
Wash. O. A W. Div
Ash. A Spar. Div
*8t. L. Alt. A T. H.t M. Line
8t.L. Alt. A T. H. Brchs..
8t. Louis Ark. A Texas...
Texas A Pacific
Toledo Ann A. A No. Mich
Toledo A Ohio Central
Tol. Peoria A Western
Wabash Western
Western N. Y. A Penn
1,695
1,311
5,275
73
1,082
367
1,291
....
cu
...
........
1,941
9,327
7,269
9,977
1,415 1
4,054
9,675
4,300
T
17,619
431
1
2,800
1,300 :
700
775
1,400
36,805
17,344
996
3,914
15,911
6,289
1,371
41,159
110,461
10,341
17,741
109,552
51,300
45,106
........
3,413j
1,362
20,189
30,029
5,200
12,010
t
3,678,698j
442,256
I
311,978
130,278
Including Indianapolis A St. Louis,
i For the week ending February 18.
Latest Dates.—The tables follow
ing show the latest net earnings reported this week, the
returns for each road being published here as soon as received,
■but not kept standing from week to week.
Net Earnings Monthly to
Month and Calendar Year.
$
148,091
Cam. A Atl. A brs
.Gross.
32,934
def. 9,221
Net
..
Canadian racilic.... .Gross
801,205
Net...
22,286
.Gross.
Net...
72,709
Norfolk A 'Western....Gross
Net...
380.801
Kentucky Central
Northern Central
Pennsylvania
Gross.
Net...
25,503
158,635
452,441
128,247
..Gross 4,103,071)
Net... 1,005,920
.Gross.
Net...
223,744
52,146
Shenandoah Valley. Gross.
51,100
Philadelphia A Erie
Net... def. 6,340
*West Jersey
and Brs.Gross.
Net...
85,705
1,220
$
155,155
67,285
45,273
29,843
$
148,091
45,273
32,934
29,843
df. 8,452 def. 9,221 df. 8,452
801,205
643,493
643,493
21.503
22,286
21,503
07,191
72,709
67,191
23,567
25,503
23,507
279,305
380,801
279,305
158,635
102,185
102,185
452,441
514,948
514,948
230,225
128,247
230,225
3,851,771 4,103,079 3,851,771
1,214,351
1,005,920
1,214,351
260,052
102,143
57,288
2,171
76,828
223,744
52,146
260,052
102,143
51,100
57.288
def.
24,024
6,340
85,705
1,220
2,171
|76,828
24,024
Month and Fiscal If ear.
—
Road.
Net...
i887.
$
Roads.
Memphis A Char
Ohio A
$
236,715
$
189,091
15,407
10,314
115,005
88,041
.
$
$
,306,817 1 ,227,769
Net...
415,196
440,618
Gross.
157,940
156,24 6
■—July 1 to Jan. 31.—,
1887-8.
$
9,931,115
3,930,015
1,141,348
1886-7.
$
8,890,176
3,669,638
1,005,877
Net...
41,785
24,570
385,628
33 7,022
Mississippi...Gross.
304,827
85,503
142,853
39,594
108,212
2rt5,219
2,541,868
910,142
2,392,330
Net...
Pittsburg A Western.Gross.
Net...
Tol. A Ohio Central..Gross.
Net...
43,032
$
136,346
68,323
/—Dec. 1 to Jan. 31.-%
1887-8.
1886-7.
State taxes for the
REPORTS.
85,804
153,106
30.354
85,956
34,349
operating
lo¬
comotive tenders, $1 14 per ton.
The average number of men
employed during the year was 4.753, and the amount paid for
labor and personal services, $3,110,014.
Of the amount ex¬
pended, excluding taxes, 62 8 per cent was paid for labor and
personal services, 32'2 per cent for supplies of various kinds,
and 5 per cent for miscellaneous expenses. The railroad and
all its appurtenances have been maintained in good condition,
and many improvements have been made.
The statistics of traffic, earnings, income,
&c., have been
compiled for four years for the Chronicle, as follows :
OPERATIONS .AND FISCAL RESULTS.
1887.
1885.
1886.
1,721,286
1,735,549 1,765,196
109,078,875 114.250.157 12O.00l.687
2*025 cts
2 022 cts. 2*062 cts.
3,631,108
3,651,100 4,121,120
Fr’ght(tns) mileage* 602,768,054 538,522,498 560,824,279 641,651,562
0 961,cts. 0*946 cts.
Av.rate$ ton $ mile.
1*007 cts.
1*009 cts.
$
$
$
$
Earning8—
2,278,429
2,209,502
2,311,041 2,474,154
Passenger
Freight
6,073,675
5,432,633
5,392,059
6,070,6^9
Mail, express, Ac....
357,539
396,593
357,170
351,034
8,941,386
8,060,639
Total gross earnings
8,709,274
7,993,169
1384.
Passengers carried..
1,907,486
Passenger mileage .. 119,946,417
Rat© 38 pass. $ mile.
1*899 cts.
Freight (tons) moved
3,598,284
„,
.
Opera' g expenses —
Mamt. of way, Ac .
Maiutenanceof cars
Motive power
Transp'n. expenses.
Total (incl. taxes)
Net earnings
P.c.of op.exp.
to earn
1,261,696
359,249
722,638
270,502
$
$
$
$
1,485,034
1,24^.604
1,337.541
1,599,543
681,362
562.907
1,477,670
1,439,724
1,388,554
1,412,782
480,907
1,355 552
1,476,955
662,367
1.420,268
5,133,790
3,575,484
4,612,847
3,380,322
4,650,955
3,409,684
5,270,203
3,671,183
58*94
57*70
57*70
58*94
1,588,025
-
mpany’s frei,ght.
INCOME ACCOUNT.
1885. r
1886.
1887.
$
3,575,484
$
3,330,322
$
3,409,684
3,671,183
278,818
272,845
282,654
209,239
3,854,302
3,653,167
$
3,692,338
$
701,777
3,940,422
1884.
Receipts—
Net earnings
Other receipts
Total
$
Disburserne?ils—
Rentals paid
823,565
704.473
C mstruo’n,equip., Ac
Interest on debt
292,221
770,683
380,702
839,307
1,646,840
1,409,750
88.263
3,621,572^
232,730
Dividends
Miscellaneous
Balance, surplus....
$
$
710,608
657,444
831,031
254,134
93,854
836,381
1,407,224
102,116
1,407,644
92,672
3,428,086
225,081
3,301,632
390,706
3.699,399
241,023
1886-7.
20,713
January.
1887.
1888.
Louisville A Nashv..Gross.
18S7-8.
27,920
$
Cape Fear A Yad. Val.Gross.
$
211,363
82,799
Chicago & Alton Railroad.
(For the year ending December 31, 1887. y
The annual report shows that a fraction more than one-sixth
of the gross earnings from freight traffic during the last year
was derived from the transportation of farm products shipped
at local stations, and that is found to be about the average
proportion during the past seven years. The average yearly
gross earnings from such shipments, compared with the gross
earnings from traffic of all kinds during the past seven years,
is found to be 12 29 per cent,
The work of improving grades
Total disbursem’ts
-April 1 to Jan. 31—
January.
1888.
1887-8.
.
<-Jan. 1 to Jan. 31.-s
1888.
1887.
.
1887.
$
ANNUAL
Operations—
*
155,155
67,285
-Nov. 1 to
and curves, where necessary to promote economy in operating
the railroad, has been continued during the year at a cist of
about $110,000.
The amount of coal consumed in
the road during the year was 295,750 tons; average cost on
550
Net increase i8*48 p. c,)..
.Gross.
Net...
471,020
943,518
204,339
*
49,115
103,525
26,400
23,450
18,500
13,400
1,235
Roads.
38,347
966,819
443,255
820,670
9,292
Jan. 31.-—
1886-7.
1,071,840
388
2,964
Allegheny Valley
Coal A Iron Co.
1,870!
3,557
30,500
1888.
504,286
58,670
2,257
35,924
1,909
311,593
6,049
January.
2,230,290
Includes for 1888, but not for 1887, New Jersey
twelve months preceding.
8,088
6,848
$
8,775,703
3,120,465
2,318,351
417,274
.Gross.
Net...
Total both Cos
1,878
January.
^
1888.
1887.
1886-7.
$
9.063,237
3,052,701
$
$
$
$
930,2401,570,821 2,645.896 3,147,535
100,642 725,708
894,274 1,394,000
.Gross.
332,827 1,037,750 1,906,249 2,380,275
Net...df. 173,655
23,727 df. 219,858
2,078
.Gross. 1,263,068 2,608,571 4,552,146 5,527,809
Net... df.73,012
749,435
674,415 1,396,078
Roads.
Phila. A Reading.
129
6,521
30,069
,990,676
Ft. Worth A Denv. C. Gross
Net...
........
9,870
43,444
32,027
100,023
15,955
20,828
103,557
56,500
57,116
1887-8.
$
37,619
14,206
$
63,503
22,388
,
1,500
38,281
19,103
79,523
Road.
2,€60
73
538
1887.
1888.
375
52,771
39,296
110,000
17,370
24,882
85,938
57.070
N. Y. Ontario A West .Gross.
Net...
Rome Watert’n A Og..Gross.
Net...
West. N. Y. A Penna Gross.
Net...
24
679
10,262
7,636
43,514
5,364
6,060
52,536
18,575
16,014
13,265
99,702
46,416
26,803
9,712
21,601
N. Y. L. E. A West.. Gross.
Net...
Net, less rentals
$
$
1,890,183 1,888,060
532,334 529,173
360,579 346,183
90,166
107,572
1,844
3,656
212,446
184,576
59,149
67,891
189,809
212,759
46,633 df. 30,953
January.
r
3,308
36,340
116,750
11,712
23,602
Total (76 roads)
2,319
16
812
7,550
59,016
29,499
13,777
11,034
4,252
20,180
1,935
2,175
32,891
18,340
Wisconsin Cent, (all lines)
mmmmmmmm
3,332
17,391
289,470
14.700
..
38,957
7,817
23,991
17,103
21,643
309,650
113,200
30,700
24,0001
21,300!
Virginia Mid. Div
100.750
4,308
37.564
..
119,000
1,995
33.256
18.394
2,362
..
Lake Erie & Western
Little Rock A Memphis...
Louisv. Evansv. A St. L..
Louisville A Nashville
Louisville N. Alb. A Chic.
Louisville N. O. A Texas
Road8.
10,092
164,323
2,207
3,182
7,376
1,663
62,000
29,561
-Oct. 1 to Jan. 31.—
1888.
$
990,159
Atlantic A Pacific
-January.
1887.
Decrease.
Increase.
|
3d week
811.954
576,604
204,819
GENERAL INVESTMENT NEWS.
Atlantic & Pacific.—In Boston it is said in regard to the
A. & P. equipment that a “Trust” will furnish the com¬
pany with 50 new engines, the A. & P. paying for sime in 16
semi-annual payments with interest probably at 6 per cent.
The total amount will probably be in the neighborhood of
$500,000. The 1,200 cars which the A. & P. will purchase
will be paid probably by its own notes covering some 8 years,
and payable semi annually the same as the trust, and will
probably amount to $600,000 or $700,000,
new
Cedar Falls & Minnesota.—At Chicago, March 1, a
was filed in the United States Circuit Court on
equity
bill in
behalf
March 8,
THE CHRONICLF.
1st8.]
of Morr s K.
trustees under
Jesup
and George J. Forrest of New York,
mortgage made by the Cellar Falls & Minne¬
sota Railroad Company aaainst the Illinois Central Railroad
Company. The bill prays that the latter road be enjoined
from interfering with the lease of the Cedar Falls Read to
it,
and be compelled to carry out the provisions of the lease. An
accounting is also asked.
Chicago & Canada Southern.—On October 23, 1886, a suit
in foreclosure against the Chicago & Canada Southern Rail¬
road was beaun. The line is 67 miles long, and is controlled
by the Lake Shore. A settlement of all the difficulties exist¬
ing among the bondholders is expected to be made soon
through an agreement which the bondholders have very gen¬
erally signed.
Chesapeake & Ohio.—The plan of reorganization of the
Chesapeake & Ohio Railway has progressed so far that another
important step was consummated Friday by the election of Mr.
M. E Ingalls as President of the Co., and he will continue in that
position after the reorganization is completed. M»\ Ingalls is
well known as President of the Cincinnati
Indianapolis St.
Louis & Chicago Railway, which he has
successfully managed
for some years, and with which the
Chesapeake & Ohio is to
connect at Cincinnati.
March 15 has been fixed as the date
up to which Series “ B ” bonds will be received in order to
draw interest from Nov. 1, 1887. Bonds
deposited after
March 15 will draw interest only from
May 1, 1888.
Colorado midland.—In connection with the rumor that
the Colorado Midland is to issue second
mortgage bonds, it
may be stated that the road is not a part of the Atchison
sys¬
* * * The Atchison has a traffic
tem.
arrangement for
along term of years, but does not guarantee interest, rebates
or in any way act as
protector of the road. The contract be¬
tween the loads is,
however, mutually favorable, as giving
the Midland a
a
valuable outlet
over
the
Atchison lines.
The
origkal plans for the Colorado Midland provided for an ex¬
tension to Salt Lake City, which
may possibly be built before
many months.—Commercial Bulletin.
Duluth Twin Cities & South-Western.—This is the
title
and the following are the officers of this new
compa- y which
has been incorporated to build the St. Paul &
Duluth exten¬
sion from St.
Paul and
Minneapolis
to Omaha: William H.
Rhawn, President; W. H. Fisher, Vice President and General
Manager; J. S. Brown, Secretary and Treasurer; P. H. Harris,
Assistant Secretary and Treasurer.
The directors are: W. H.
Rhawn, James M. Earle, Benjamin Rowland, J. S. Brown,
W. H. Fisher, William Dawson, P. H.
Harris, James Smith,
Jr., and Thomas C. Conrad. The capital stock is
placed at
$15,000,000.
Elizabethtown Lexington & Big Sandy.—The returns for
three years are as follows:
1885.
Gross
earnings
Expenses
Net earnings
Florida
Manhattan Elevated.—The Court of Appeals has affirmed
the judgment in the case of The New York
National Exchange
Bant against the
Metropolitan Elevated R tilway Company,
which awards damages and
enjoins the op ration of the road
at Chambers Street and
College Place, unless a further sum,
the
suit
diminished selling value of th:
leasehold, be pud.
The
begun in equity in the Superior Court in 1883, and
was for damage to rental of
$4,273 and an if junction against
the running of the road.
The Court decided ihat the
injunc¬
tion should not hold, provided the elevated road
paid to the
plaintiff the sum of $8,000 in settlement for all damage. The
under will probably be made.
Mobile & Ohio.—A large number of the debenture bond¬
was
holders of the Mobile & Ohio Road met at No. 38
Wall Street
report of the committee appointed some time ago
to hear the
to devise a
plan by which the improvements
the road could be continued and at the same being
time interest
payments be made on the debentures. The committee re¬
ported in favor c f a plan for the unification of the debentures
on
now
made
by exchanging them into a 4 percent bond, thus cutting down
interest charges, while
subscriptions from the second,
third and fourth debentures are called
for, by which the com¬
pany will secure $500,000 in cash.
The plan was adopted
the
unanimously.
The following is
a synopsis of the plan: A new mortgage of
$10,500,000 is to be created bearing 4 per cent interest, the
first coupon due March 1, 1889, and the interest for the
first
three years to be payable in
scrip if earnings are not sufficient
to pay in cash.
After that the interest is payable in cash but
no foreclosure can take
place till four coupons are in default.
First debentures to receive 110
percent in mw 4 per cent
bonds; second debentures to receive 100 per cent in new 4 per
cent bonds, on
payment of 15 per cent in cash; third deben¬
tures to receive 100 per cent in new 4
per cent bonds, on pay¬
ment of 20 p*r cent in
cash; fourth debenture to receive 100
per cent in new 4 per cent bonis, on payment of
223=2 Per cent
in cash.
Or the second, third and fourth d* beniure holders
mav elect to receive in
exchange for their holdings 65 per cent
and 60 per cent and 55
pur cent of the same respectively in the
new 4 per cent bonds.
Stockholders who, in ac< ordance with
the plan, may contribute 5
per cent aie to rectivu 30 per cent
of th«-ir holdings in additional stock and new bonds at
par for
the 5 per cent, and have the
advantage of tlie iead justment.
The surplus bonds to be held for the future u*e of the
com¬
All the debentures so surrendered in exchange for the
pany.
new 4 per cent bonds are to
be held by the trustee for the
benefit of the new mortgage till all are surrendered.
All
additional property acquired with the
proceeds of the new
mortgage to be held for its further security. The plan will
become operative w hen 70 per cent of the debentures
have
assented.
1886.
1887.
$706,469
433,694
$937,529
609,908
$1,115,073
$272,774
$327,621
$408,854
Railway & Navigation Co.—The
289
706,219
lines of
this
company will be sold in foreclosure on April 2, 1888.
The following is an outline of the
plan of reorgan izition of the
Florida Railway & Navi;, ation Co.: First
mortgage 5 per cent,
80 year g( Id bi nds to retire series “A” bondr
of the F. C. &
W. and the receiver’s debt, $3,000,000; first
preferred 5 per
cent cumulative stock,
$1,582,000; second prefrrred 5 p^r
cent non-eumulative
stock, $4,500,000; common
New York New Haven & Hartford.—The
report for the
the New York State Commissioners
quarter emiing Dec..31 to^
was as below given:
1887.
Gross earnings
Operating expenses
Net earnings
Other income
$1,953,355
1,277,129
$827,777
9,113
$676,220
6,143
$836,890
389,425
$6 82,369
214,947
...
Total iucomo....
Fixed
1886.
$2,501,573
1,676,796
charges
Surplus
stock, $20,$447,465
$467,422
000,000. The plan contemplates the purchase of the road
Pennsylvania
Railroad.—The
gross
and net earnings for
now extending from Jacksonville to
Chattahocchee on the January 1887 and 1888, were as below stated. On the
lines
Apalachicola River, with branches to St. Marks and Monti- west of
Pittsburg & Erie the net results, after payment of
cello; also from Fernandina on the Atlantic coast to Cedar interest and ail
charges, is shown in the second table.
Keys on the Gulf of Mexico; also from Hart’s Road, a point on
LINES EAST OF PITTSBURG & ERIE.
last-mentioned line, to the City of
Jacksonville, includ¬
dross E a minus
Net Earnings —
ing a belt line around the City of Jacksonville; from
1888.
1887.
188H.
1887.
Wald wood to Tavares, and from Waldo
$1,213,979
southward to January..
$3,871,771 $1,005,920 $1,214,351
Plant City, with branches to Sumterville and
LINES WEST OF PITTSIlUHG <fc ERIE.
Silver
.
,
Springs.
This line includes the old Florida Central & W* st¬
the Florida
Transit
Railroad, the Fernandina & Jacksonville RR., the Peninsular
RR., the
ern
Railroad,
& Indian River RR. and that
sion of the Florida
Leesburg
portion of the southern exten¬
Railway & Navigation Co.’s road not
included unuer those names. Ttie Florida Central & Western
RR. has been purchased under this
plan Feb. 6, and the sale
of the other divisions will take
place
April 2. The bonds of
the reorganized
company are to have a first lien on all the
property purchased by the committee, and are to bear interest
from July 1, 1888. The holders of a
large majority of all
classes of securities except the
Transit*, have already signified
their acceptance of the
plan and more two-fifths of the Transits
concurred in same.
Participation in the reorganization agree¬
ment and exchange of the old securities for new is condi¬
tioned upon the security holder
depositing his securities, duly
assigned with the Central Trust Co. against its
negotiable re¬
ceipts for same on or before April 1.
Houston & Texas Central.—-The reorganization
plan
vides that the
pro¬
present stockholders shall be assessed in an
amount sufficient to
discharge the company’s floating debt, to
provide cash payments for overdue
interest, to pay the cash
bonus of $50 to first
mortgage bondholders on account of
to pay the expenses of reorganization
incurred by the Central Trust
Company. The amount of the
assessment was left with the
purchasing
trustees decide and
Was
defaulted interest, and
therefore indefinite.
It is now s£>id that it will amount
the new stock of $10,000,000, as
nearly
will be needed,
to about 40
per cent
or
quite $4,000,000
on
,
Net surplus or deficit
1888.
afterpaximent of charges.
'
1887.
Diff. in 1888.
Sur.$G0,510
Sur. $154,951
Loss. $94,441
Philadelphia & Reading.—The gross and net earnings for
January, and for the fiscal years 1886-7 and 1887-8 have been
as nelow
given.
The deficit of both companies aggregated
$73,012 in January, 1888, against $749,435 net e-rnings in
January
January, 1887; in the
$1,396,078 in 1886-7:
1887-8 they
year
were
$674,415, against
RAILROAD CO.
January.
„
1888.
Gross earnings
T>ec. 1 to Jan. 31.——*
1887-88.
1886-87.
.—
expenses...
$930,240
829,598
$1,570,821
845,113
$2,645,896
1,451,622
$3,147,535
1,753,535
earnings......
$100,642
$725,708
$894,274
$1,394,000
Operating
Net
.
1887.
COAL & IRON CO.
/
Gross earnings
Operating
Net
expenses...
Jayiuary.
s,
1888.
1887.
$332,827
506,482
$1,037,750
1,014,023
earnings...l08S.$173,655
.—Dec. 1 to Jan. 31.—*
1887-88.
1886-87.
$1,906,229
2,126,108
$2,380,274
1,378,197
$23,727 l’ss$219,859
$2,077
Pittsburg & Western.—The statement for the month of
January, and for the seven months ending Jan. 81, is as fol¬
lows
Gross
:
^-Januaryr-July 1 to Jan. 31.-*
earnings
Operating
expenses, taxes and rentals..
Net earnings
Interest on bonded debt
Surplus
over
interest,
$142,852
103,259
$39,593
$1,261,690
902,440
33,000
$359,250
227,000
$6,593
$132,250
THE
280
CHRONICLE.
E[7ol.
XLYT5 |
TTrc ©ammeraal Si me?*
Imports and documents.
CHICAGO RAILWAY CO.
COMMERCIAL EPITOME.
APPLICATION TO TITE NEW YORK STOCK EXCHANGE.
Friday Night, March 2,1888.
Springfield, Ill., Jan. 5, 1888.
The tariff bill, whicn has been prepared by the majority of
The St. Louis & Chicago Railway Company hereby applies
for the listing on the regular list of the New York Stock Ex¬ the Committee of Ways and Means of the lower houte of
change of the following securities, for all of which the American Congress is made public, and will soon be formally pre¬
Loan and Trust Company is the Registrar and Transfer Agent:
sented for debate and action. A strike on the Chic. B. & Q.
First mortgage consolidated bonds, $1,400,000, Nos. to 1,400 inclusive.
road is in operation, throwing several thousand men out of
Preferred capital stock
1,200,000
“
1,200,000
Common
“
employment. The weather has been spring-like, general trade
The St. Louis & Chicago Railway Company was organized
making good progress; but speculation has dragged slightly,
May 1, 1685, under the laws of ihe State of Illinois, to build a
road from Springfield to Litchfield, both in the State of Illi¬ most of llie fpeculative staples showing little change in val¬
nois, having a length of forty-five miles of main line and five ues. A number of destructive fires have occurred in this city
miles of sidings, and an extension from Springfield to a con¬ during the past week.
The following is a statement of the stocks of leading articles
nection with the Atchison system at Eureka is in course of
construction. The company is also operating a branch of ten of domestic and foreign merchandise at dates given:
miles from Litchfio'd to the Mount Olive coal fields. The
1887.
1888.
1888.
road is of standa’d (4 feet 8% inches) gauge, and is laid
March 1.
Feb. 1.
Marc x 1.
throughout in s ’eel. The comp .ny has no car trust or other
obligations, ard its equipment consists of 7 locomotives, 20 Pork
21,205
13,443
21,537
bids.
ST. LOUIS &
.
•
coal cars, 20 boxcars, 0 passenger coaches, 2 baggage, mail
and express combination cars, and 1 combination passenger
and fr< gli' caboose. The remainder needed in the operation
of tT e road is furnished by the Cleveland Columbus Cincin¬
nati & Indianapolis Railroad Company.
The chief office of the company is at
its officers are:
Tobacco,
lihds.
bags.
~
Sugar
Melado
BOA] D OF DIRECTORS,
D. L. Wing, Springfield, Ill.
I II. Waggoner, Chicago.
P. S. Hodgen, Charleston, III.
L H. Thomas, Virden, Ill.
F. C. II -llins, New Yr rk, N. Y. E. S. Orr, Charleston, Ill.
A. J. Moorshead, Springfield, Ill,
D. L. Wing, Springfield, Ill., President.
Ill.
N. Y., Vice-President.
R. S. Hodgen, Charleston, Ill., Secretary and Treasurer.
A. G. Kle nbeck, Springfield, Ill., Chief Engineer.
:
F. C. Hollins & Co., 11 Wall Street, N. Y,, and Chicago, Ill.,
Fiscal Agents.
The St. Louis & Chicago First Mortgage Consolidated Bonds
bear date April 1. 1887, and mature April 1, 1927.
They are
issued in denominations of $1,000, bear six per cent interest
per annum, payable January and July of each year, at the
office of the company’s agent, in the City of New York; both
principal and interest are payable in gold. The bonds carry
with them the privilege of registration, and are issued at the
rate of $20,000 per mile of completed road.
The American
Loan & Tru-t Company is the trustee under the mortgage.
The mortgage covers the whole of the property of the com¬
pany and provides for the retirement of $500,000 First Mort¬
gage Bonds, and tlie tru-tee holds consolidated lsts, Nos. 501
to 1,000 for that purpose.
The bonds so held are part of the
$1,400,000 which the committee is asked to list.
For the information of the Committee it is stated that the
$500,000 First Mortgage Bonds were issued July 1, 1885, and
mature July 1,1915; they are each for $1,000, and bear six
per cent interest, payable January and July of each year, at
the office of the company’s fiscal agents in New York ; both
principal and interest are payable in gold ; they carry with
them the privilege of registration. They are secured by
mortgage on the company’s property between Springfield and
Litchfield, to the Mercantile Trust Company of New York as
Frank C. Hollins, New York,
Molasses,
107,900
1,813
lilids.
boxes.
Sugar
Sugar
foreign
.
52,344
bags.
mats,
Coffee, Java, &c
,
41,329
202,957
bales.
foreign
Coffee, Rio
Coffee, other
Springfield, Ill., and
36,760
41,321
tcs.
Lard
Tobacco, domestic
15,197
44,722
42,423
39,991
114,507
59,504
107,900
3,019
34,933
50,304
305,262
55.182
109,401
8,545
None.
Nono.
None.
-.bags, &c. 1,403,226
None.
bhds.
406
lihds.
1,242,034
1,759,251
bbls.
Molasses, domestic
No.
Hides
None.
77
iNone.
3,000
457,900
2,000
320,300
274,159
247,188
27,570
2,000
353,600
244,270
24,613
2,064
24,806
1,873
bbls 1,
264
2,514
1,153
1,092
Rice, E. I
bags.
12,700
6,200
9,500
5,300
7,480
Linseed
bags.
None.
None.
None.
12,000
14,000
bales.
29,000
6,500
3,500
163,607
15,000
13,000
22,500
17,926
7,233
196,300
Tar
Jute butts
Manila hemp
bales.
The market
1,415
7,600
6,500
3,500
156,116
has reflected a steady
feature. To-day, at some¬
more doing, closing at 7*75c. for
for lard on the spot
movement, without conspicuous
what easier prices, there wa3
prime city, 8*02^@8 07J^c. for
for refined to the
The speculation in
prime to choice Western, 7 90c.
Continent and 8 75c. for South
America.
lard for future delivery has also been com¬
paratively featureless, yet has Utterly male some show of
strength in sympathy with the better market for corn. To¬
day the opening was strong, but freer offerings caused a
slight decline.
'
DAILY CLOSING TRICES OF LARD
FUTURES.
Friday.
84)0
74)7
April delivery
84)0
7-96
74)8
May delivery
8’02
June delivery
8‘05
84)3
July delivery
8 09
84)8
In other provisions there is nothing of importance to note.
Coffee on the spot has been comparatively dull, and prices
have further declined, closing uusetded and nominal even at
the decline; fair cargoes of Rio are quoted to-day at 14@ t4j4CM
with m thing of moment done. The speculation in Rio options
has been comparatively slow, at fluctuating values.
To-day,
Trustee.
aft'r a stronger opening there was a sharp decline, closing
The e< in pan y operates between its northern terminus and
this afternoon with sellers as follows:
St. Louis
A traffic agreement with the Cleveland Columbus
9'GOc.
ln*30c. 1 July
.10:05c. November
C nunna’i & Indianapolis Railroad Company gives it the use March
December
9'OOc.
1 0-70. | August
April
9\85c.
of the Indianapolis & St. Louis tracks between Litchfield and May
9 65o.
10*o0c. 1 September
9 70e. January
St. Louis.
The favorable nature of the agreement can be seen Juno.10*35c. | October
9‘G5c.
from the copv which is furnished the Committee herewith.
Raw sugars show some furtner improvement in vaTues, the
The following arc the balance slvet and statement of the demand
having continue ! active; fair refining Cuba is quoted
navi. Jigs and expenses of the St. Louis & Chicago Railway
at 4%c. and centrifugal 96 degrees t*st.5 9 16c., regular, and
Company to accompany the application to your Committee to 3 310(o>oJ4e. c. and f. The sales included a cargo of superior
list $1,400,000 Consolidated Bonds of this company :
Manila at 4 1-lGc.
Molaf-ses is firmer at 21c. for 50 deg, test,
balance .-meet, December 1, 1«S7.
at which 2 cargoes sold.
The tea sale on Wednesday went off
Assets.—
at rather easier prices for Oolongs and greens.
Cost of load and equipment
I. $3,5)25,505 51
K mtucky tobacco was much le>s active during February,
Duo from aavid.s and oilier companies
’
20,ICG 63
10,5 - G i;
Material and supplies on hand.
and the stock in warehouse shows a considerable accumula¬
G /, / s / G1
Cash on hand.
tion.
Prices, however, are well maintained. Lugs, light
Saturday. Moral* y Tuesd'y. Wednsd’y. Thursday.
March delivery....
7*99
8*01
8-03
84)7
8T1
7-97
74)8
84)I
84)5
8-09
74)7
74)8
84)1
8 04
8a9
7-98
7't)9
8 01
8 05
84)9
...
.
and heavy 4leaf, light 6J2@17c. and
15c. Seed leal lias met with a moderate demand,
and eahs for the w» ek are 1/284 ease.-* at prices ranging from
7 to 80 cents; also, 500 bal s IIivara, tOc @$1 10, and 250
baits Sumatra, $1 40,a$1 8 *». Ir is p oposed to materially re¬
4!£@7c
$1,024,135 90
7.hlr Wirf:—
heavy
$1,200,000 00
Capitol slot k. common
Capital .stork. pivtVnvd
Finland debt
Vouchers and ocmumiD
Interest matt.ird Horn.Inn
.
...
1 to December 1
1,200,000 OO
1,100.000 OO
2,355 45
35,000 00
duce riie import duty on fine wrappers,
Meta's have not fluctuated wid h ; on
1sg,7so15
Credit balance
to-d y's Exchange
trough (]ii:er, small sales
i \i;n:n*
wi> <<rr:];atiNG exeen^e*.
rch, 16*25c. for April and
Ke* »‘ipts Fi t ignt. p.:i -i r, express and oilier sources,
:G*30c for May. Straits tin rather firm; qu red at 36J^@363^c.
from March l lo Deecn-ht r 1
$403,945 32 on the spot, but 20 tons sold lor M *.y a 81
Lead made a
3 1,922 Si
1 It) December t
Operating C.s Peiw.-J lion.
further advance, with considerable a.tivby, 146 tons selling
$3 1,022 93 at 5'82JoC. for August and Sep’eub r and 5 82V£@5*35c. for
D. L. Wing, President.
Oct obe q quoted on th^spot rdgYg 5 me. Sprber was dull and
This ('Vmnutt; o jvjvn.mriids that $990,000 of the abovcdrooping. Tne inteu* r iron markers st ein a tr fie steadier,
<It scribed bir.-t Mortgage Consolidated {Six per Cent Gold i'Crude'petroleum certificates were bu y nr until today, turnBonds. Nos. 1 to 5!0 ite-Insive. and'Nos. 1,001 to 1,400-inclu¬
j ing easier,- eb sing at 93(5 93bp*. Spirits turpentine is quiet
I'Mn
t easier at 4O@lOJ.4C.. •Rosins were more active to-day at
sive, be admitted to the regular list.
f
&Adopl<-d l'j
Cue-.: a in if C'siiii/iitiee, Ftb, 23, 1888,
$1 15 for common strained.
copper was slightly stea* ier,
having t cen made at 16c. for M
ingot
$1,02 1,135 90
-
#
-
,
THE CHR0N1CLF.
"March 3, 1
COTTON.
In addition ^ abow>
exports, our telegrams to-night also give
the foil
amounts of cotton on shipboard, not cleared,
jwing
at the poname4.
We add similar figures for New York,
which rxe
prepared for out special use by Messrs. Carey, Yale
& Lanhbert, 24 Beaver
Street.
us
Friday, P. M., Mar. 2, 1888.
The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (Mar. 2), the total receipts have reached 65,562
bales, against 69,024 bales last week, 84,137 bales the previous
week and 99,593 bales three weeks since, making the total
receipts since the 1st *of September, 1887, 4,901.459 bales, against
4,856,185 bales for the same period of 1886-7, showing an in¬
crease since September 1, 1887, of 45,274 bales.
Jfjftr. 2, AT—
Sat.
Mon.
Tucs.
\
!
Wed.
|
Thurs.
-
^Galveston
B-,458
Indianola, &c.
New Orleans
Mobile
...
433
1,605;
......
......
4,099
2,142
7,7-53
769
99
10
2911
539!
|
!
3,4741
366
-
Florida
......
Savannah
621
Bruns w’k,«fcc
348
......
733
1,234
New Wieans.
945
676
4,802
Gal'f eston
Norfolk
Ner>v York
Other potr:s
3,363
46,865
261,663
None.
29,637
20,278
41,922
13,059
20,704
2,108
14,500
2.,800
3,000
2^257
Total 1838
40,418
13,487
1,551
7»,£65 j Total-188 7
70,297
69,680
8,172
15,58s
1,074
595
4,474
9,300
None.
None.
4,100
1,000
None.
1
.
136» Total T8 8 6
136
3,200
150
35
j
Stock"
Total.
None.
800
1,800
733
•j
:
wise.
None.
1
1
Foreign
None. !
None. ;
None, j
None. 1
None.
230;
j
1 Other
13,337,18,905
23,'72$
*
98 lj
Note.
1,750
None.
5,063
729
.-
203
470
11.230
......
Charleston
Savannah
Total.
F
\JfTancc-
1,193;
694
......
Charleston
j
Fri.
Great
Britain
Mob ile
Receipts at—
291
<
!
270,235
59,496
104,645
716,994
157,654
639,765
832,788
1 5,772
| 2,500
i
None.
| None.
j 14,235
36,505
5,750
11,100
7,880
17,000
7,050
9,000
j
66,467
58,002 !
12,718
j
9,862
153,129
The speculation in cotton for future
delivery at th’s mirket
opened stronger on the eu:cessful manner in which it wai
1
*29
25;
reported the'options for March delivery had been disposed of.
Norfolk
246
605
929
1,612
1,4? 4
1,202
'C‘,035 But on Monday the
Liverpool report disappointed our bull
West Point; (fcc
876
556
1,213
962; 1,314
1,049] L!770 party, and the opening was weak; but there was a
New York
833
825
668
quick rally,
•978
660 i
810;
4,774
ori the early
Boston
146
148
328
report from New Orleans putting receipts at
155
408
545
Baltimore.
that port for the day only about one-fifth as
758 ! -2,745
2,987j
large as for the
80
62
89
Philad-elp lii-a, &c
153 J
496
n*;
corresponding date fast year, This advance was soon los**,
Totals this week
9,037 8,157 1 13,683 ! 12,270! 3,3161 14,090 -'€5,562 however, tinder increased receipts at interior towns, and the
For comparison we give ths following table
showing the week’s ciose was at the lowest figures of the day—prices continuing
total receipts, the total since September 1,
1887, and th6 stock to give way on Tuesday under fuller receipts at the
ports.
to-night, and the same items for the corresponding perisds of The market was
unsettled for the next two days, the reduce I
last year.
receipts at the ports proving an element of strength which
1887-88.
1886-87.
Stock.
♦overcame
some other adverse
Receipts to
influences, till near the close
Th is
Since Sip.
This
Since Sop.
last
Mar. -2.
1
evening,
when
the full interior receipts (wich the arrivals
1888.
1887.
Week.
Week.
1, 1867.
1,1-886,
at the pets exceeding
eatinites) ctusel a sharp decline.
Galveston
the opening was weak, in sympathy with the
To-day
4,802 622,094
5,253 6795771
20,939;
48,542 sion
depres¬
in the Liverpool mirket, and in the later
I«d’noia,&c
dealings
became
almost panicky, under rumors
New Ori-QAiis.
23.729 2,533,784 35,846 1,568,5J7
308,52S ;;330,377
regarding a forthcom¬
Mobile
ing
long
crop estimate.
2,257
197,660
2,128
203,764
29,637
18,792
Cotton on the spot has been dull, and on
Florida
23.091
383
270
22,2 78
tions were reduced l-16e. To day the market Tuesday quota¬
Savannah
5,265 811,839 j
was wean and
8,812 763,571
53,022
58,422
(nearly nominal at 10^c. for middling uplands.
Bruns v.r.,&e
136
07/.P.0
25,819
The total sales for forward
Charleston
4,474
delivery for the week are 625,300
381,244
7,151
377,9 7
26,028
21,982 bales.
For immediate delivery
486
P.Royal, &c
the total sales foot up this week
13,646
173
16.304
545
399
730 bales, including — for
511
Wilmington
export,
730 for consumption,
70S
167,4i-G
.131,375
6,468
4,250
for speculation and — in transit.
Of the above
29
Wtt6ll?tfal,&C
f>
4,673
3,710
bales
were to arrive.
The following are the official
Norfolk
6,085
427,437
7,990
505.825
quotations
for
37,701
18,212
sell day of the past week—Feb. 25 to
W. Point, Ac
Mar. 2.
6,570 459,340
4,401
806,182
1,143
Port
Royal, Ac
41
Wilmington....
Wash’gtcn, «Lc
.
6
74
30
95
445
43 e
94
511
217
......
_
...
...
......
......
..
.
,
—
—
4,774
68 2118
1,003
Boston
1,820
64,513
32,679
23,110
4,443
Baltimore
3,745
...
Pliil’dora, Ac
496
50
78,512
82,931
57,735
1,553
32,378
277,285
17,000
3,154
245,257
9,000
18,017.
25,323
17,128
21,904
Totals....... 65,562 4,901.159 79,951 4,856,185
821,639
707,419
In order that comparison
usay be made with other years, we
give belcw the totals at leading ports for six seasons.
Receipts at —
1888.
Galvest’n, Ac
New Orleans.
5,253
35,846
2 257
2 128
5,265
4,960
8,812
7,324
510
803
6,035
6,570
7,990
4,401
11,354
7,394
...
CharLest’i>,&e
Wilm’gt’n, Ae
Norfolk
W’t Point, Ac
All others....
Tot. this week
Since Sept. 1
V;“V
1886.
4,802
23,729
Moliilft
Savannah
1887.
65,562
4901,459
juunu.il. .m
|
4,542!
27,506
1
| 1884,
1 ftfl
9,393
24,164
5,194
4,509
4,683
<5,118
-j tU
ip
9,524
9,989
2,2(51
18,326
<5,441
3,576
7 2»
7(53
10,231
5,813
4,287
12,948
12,874
68,720
124,826
11,521
56,866
4856,18514607,302
r
4,772
1,967
68,223
144(5,900
Low
Strict Low
Good
of
to
rest of the Continent.
the exports for the week and
since September
Great
| ContiJirit’n. France
Mobile
Florida
Below
Middling
Middling Fair
„
GULF.
$ fb
Norfolk
West Point,&c
New York
Boston
Baltimore
Philadelp’a’&c
Total
ol
(5,521
4,020
......
*
.
.
......
? ,«30
12,137
0,775
0,775
4.0.0
...
.
.
002
1,833*
•
1,319
IOO;
002
Middling
Good Middling
Strict Good Middling
Middling Fair
Fair
14,934
0,226
3)0.125
23,2(5S
0,-28i
1,419
82,79.)
30,464
223,158
417.554
170 001
203,715
37,035
3,375
141.218
1,805
1,099
104,550
1.996
27,010
3.9 o'
1
*
-
«-»
j
A
■'
*
—
'
0
-
-
7i*]6
;12
7*4
8X4
7*4
8*4
9*1G
9il16
9*1«
758
94
10*8
!
914
1018
9*16
IOIjo
8*4
9* 16
105h
10'8
i
Frl.
1 7*4
SI4
K>716
'16
8*4
12
|
9* 16
10 *8
101s
j K»7in
10T,fl
j
i
10»8
1078
11 l8
! 1 hi
1 2
: Moil Tues Wed
I
11*8
12
Tli.
1018
f7Q
'
11
11*8
9l'isi hlbei 9H16
12iu
7;>S
10
111
,11*8
12**
!
/*16
84
9*16
:105s
1078
;iiie
Lllo
I
|l2i8
la
Tli.
Frl.
7»i 0 j 7^16
J
8 *4
8*4
9*! 6
9*1B
lOho 10116 J10116
I
i
The total sales and future deliveries each
day during the
week are indicated in the
following statement. For the con¬
venience of tlie reader we also add a column
which shows at a
glance how the market closed on same davs.
SALES OF SLOT AND TllANST".
SFOT MARKET
Ex-
CLOSED.
port,
.3,446
...
I11
12*1<?
lb.
Middling
02.4-8
0,305
.}&?
Hl8
11*2
Sat
Good Ordinary
Strict Good Ordinary.
Low Middling
10
U=>16 1()510 1 ()5 ] B
:ol2 -IOL3
10t3
10*4
10^
10^4
10*16 10*1G HHs
10b>
l()Lj
1<)71G
ilOH1G l()ii16 lo^s
;10U>16 iom1G io^
H*1G 11*jG 11*8
Hr,io 11»16 11*2
STAINED.
9be
9*1 G
J
Wed
12*i«
308,323
9,710 1,084.954
....
.
10
; 851G ; 8&io
9! 91!
.! 9*i i 9*4
80.329
3*.
110,816
Sat
Mon
Spec- Tran-'
sunrj) ul'Tn> sit.
-total.
Dull
..
Tuea Easy
Wort.
Easy
Thurs Quiet
Fri... Easy
.
510,049
143,2! 4
111,641
-
■
Total.
r
....
Quiet
.
*7 !
J.);
si
1.5 SI
-1
:
w
*1G dec
IUTCKES.
; Con-
0
....;
a
..
.
203,978
105,068
41,444
93,39‘ 2.170.213 20G.284 1,032,001
3,508.488
35.451
€
Total.
nent.
223,970
4.021
544,735 220,473
02,4-8
12,480
25,839
......
4,150
Conti¬
nee
181,010
67,815
75,780
200,003
194,8,17
9,007
10.122(
4,450(
Great 1
Britain. Fra
3.444
0,007
57.263
1QC’
.
......
0,2261
....
.
Total
0>1B i bi16
5>91G
10i16
10*8
7i*1G
7%
8%
818
b<J16
i
L 'w Middling
8 rict Low Middling
7^8
1
MARKET AND SALES.
1, 1887. to .Var. 2, 1S88
Exported to—
Week.
O'lG
Sat.
Ordinary
B;:iet Ordinary
G od Ordinary
8 riot Good Ordinary
|
7*8
818
8*8
1()0]0 10*18
;lom16 101316 10*4
ili1G lUlG 11
117,,, llho 11*8
ii2l11 n iab« 12
Middling
Strict Good
7«8
Frf .
are
From Sept.
......
....
..
«
2.
3,334
2?,522
10,504
....
....
Wilmington
ffnl
14,
......
Savannah*
Charleston
nent.
3,Mil
....
95s
9*8
10*8
117;
...
....
ii-Xi
j
....
....
....
760;
■
W~ek Ending Mar
Exported to—
Galveston
New Orleans..
j
lOLa
1, 1887.
j
I"10
i_,iUUie.«U)Il
,
ending this evening reach a total
93,396 baJeu, of which 57,283 were to
Great Britain, 662
France and 85.451 to the
from—
?n16
; 8*10
! 9*8 i
Middling
Middling
4122,32415026,510
lllClllUOS lOl’t KOVJll, A’C.»
Wilmingtonincludes Moreh’d City, Sui.; West Point
includes City Point, XoThe exports for the week
Ex/ioits
$ ft
Middling
19,807
40,458
Q AA 1
0
9.2 *9
1863.
Wed 1 Tli.
Ordinary..
Strict Ordinary
Goi d Ordinary
Strict G od Ordnary
Fair
3,538
17,001
5,052
3,01(5
6,811!
79,951
i nuiunoi.i
1885.
UPLANDS.
i
New York....
Sales.
.
i
61,2u0:
125 76,000
M
89,1(H)
1 58 1 03,700
246 82,000
117 213,300'
The Sale4
^nd
Prices
of
comj .» ehensive tab
Futures
....
760 625.600
The da:ly deliveries given above are
actually delivered tlie
previous to that ou which they are reported.
oJlowing
DJivcries.
are
shown
day
ly tho
o
®
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5*®
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2'® ® Pj
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Continental ports this week have
is the receipt®
for the week,
items for the corres¬
and the same
18»6-87—is set out in detail in the
following
d£.®
® <
® 03 3 -T■ c*
m£®
p?" ^
P-
H
mm-
pffs'tfSHS-K.g* g
^
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^
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M Oi X © © to ©
w © »p © X w
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s=
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s
P
xx
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M
M
©
X
W
a
tP ©
01
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to
a O'
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cc
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a
m
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w
©
c w
w
01
9
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01
M
02
X
tiM
1C to O M
m -l -1
0101 ci m a to -1 o to o
m to m to 01 o d a o to
-1 01 M M M to -1
© £■• m c m ot< o a to
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<
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ip
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to —1 to w to
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w a m 01 w
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pM^i
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:'
continue eaot
made during the week :
exch. 3,000 Apr. for Aug.
pd. to exch. 400 Mar. for May.
pd. to exch. 100 May for June.
pd. to exch. 500 Mar. for May.
•19 pd. to
*15
•07
•16
•09 pd.to exch. 10o May foi July.
•02 pd. to exch. 100 Jan. for Oct.
•09 pd. to exch. 100 Apr. for May.
*16 pd. toexch.1,300 Apr. for June.
Vm
a
Om
to
looiioiow M|PC5<1
-11^-4 MW©
a© © ® w © x p 01 w ©-i 01 tw m a -1 x ©
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MM;
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to
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M
to
M 01 M M
to
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p
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waw©M©o
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M
a
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to
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VT0102
1
to
011
toopppo:
XI
-J001W020
P
©
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estimated.
M 01
-ixao
-40©©<jw»p»(yiaoiPCDtoowowtp
‘a
M
M
M
©M_
X
OI © to to 02
M
tP to
aipwxVjoio2©ab: MVqb<iM©oiw
OwiOOiPOMQCvlto! to m -1 to tP — M ot
^
_o rr\
xmam
x men.
0101. x © m rrt
© ip to o p
tP^
lu
-
~*rThFtigiirea for Louisville in both years are
urea
X
tOXQD©-TXOi©
w-i©xoa©aaotPxxaaxMxoi
OiOi W 02 O
to
;
m
a
to w
m
o> x to oji. to m
tP ot o m c a
a
<1
w
© I
M ©
©
to
x©d©w©a
§
to
w
-4
MM
WMWW
m xx ©
?5 <5
w
w
©
p
M
W©
low m ® to
0<©©PMat0M.35-4
os ax a •
O'lMCCtOtO-l,
o ©<© -1 a a •
X
-4
PP
.2?
w to x o a w x
M
J
Septomber-Noveinber, for No
for December, 1,027,400; Sep-
M
a
M or m -1 O OI 01 X
to to <1 to M10 X W to M -t fXOO’1-J
-JOMO'OMtPWOX
to
®
fleptember, 258,200; Sep-
s
MtOMwaooi-i
m
to m
Oi
0^ to
xo
x 01 w m
a 0 M w 01 w -1
■
©©©
0
mIo
to
a
1 ©:
©o
c;i v
01
09
>
®
--I
to
M
xCqo
cn
\
1 ©
COO
CD
'I
1
^
—4 M
<X
pp
1
®
XX
I ©<>:
:
f, O
5
99
for each month. It
will be found under each day following the abbreviation “ Aver " The
average for each month for the week is also given at bottom of table.
Transferable Orders—Saturday, 10*55c.; Monday, 10*55c.; Tuesday,
10*45o.; Wednesday, lO oOc.; Thursday, 10*45c.; Friday, lO SOc.
m
w
oi
We have included 111 the above table, and shall
week to give, the average price of futures each day
t20 pd. to exch.
113 pd, to exch.
k13 pd.to exch. 2,500 Apr. for June.
i21 pd. to exch. 5(J0 Mar. for July.
tO pd. to exch. 101 Sept, lor Aug.
21 pd. to exch. 3oo Mar. for June.
26 pd.to exch. 100 Mar. lor Aug.
14 pd. to exch. 1,400 Apr. for June.
26 pd. to exch. 500 Feb. tor June.
Oi^d.
ll^sc,
4islfid.
O^c.
lO^c.
to
iP
-4
following exchanges have been
3,045,553 2,835,817
5ltd.
5^d.
.
to
CC
September. 1887, for
100 Mar. for June.
500 Mar. for May.
“i
.
©
©0©
on
2,865,063 3,058,768
3 S© ®p®
a
p
w
©
tember-Oetober, for October, 570,200;
▼ember. 481,000; September-!)eoember,
lember-Januarj*, for January, 2,256.6t 0.
The
statement.
**
Ma
<;
j
1 ®
©
ponding period of
8 H- m" ’ x
£ X £ ip, p
w.
,
.
w
© © O ©
X X
Inolndes Rales In
o
00
CC
473,200 524,300
2,572,353 2,311,517
and the stocks to-night,
®
I ©
X
GcobOob
0. —J
x
©
Ox
© ©
®
l
1 ©
V-*
ooc9
-4 X o -j
<1
b
y
9
515,100
540,300
.2,324,763 2,543,368
.
At the Interior Towns the movement—that
for the week and since Sept. 1, the shipments
o
%
C0
co co e
-4
>
5
26,000
>
wa
coco
cn
x
13,000
a
©©o©
CD xO X
©©
I ©
co©o9
39,000
cd
-1.
©©O'®
-j Vi 0 x
X®
M X
W
1 ©r*:
c
w
<“
>
1 ©.m:
1 ©w:
© ©
75,200
182,000
H
cc, co
®
170,000
cn
9909
%
15*,000
53,000
.bo
0C©O x
©©
122,300
c p
X
t>
t>
189,000
14,000
Continental stocks.
India afloat for Europe
p
o
509,000 752,000
296,000 260,000 319,000
446,000 396,000 276,000
797,419 985,917 769,619
240,033 413,890 184,368
21,864
26,916
7,546
10,500
2,324,763 2,543,368 2,572,353 2,311,517
222,000
39,000
112,300
125,000
x
©•■o® ©
©©O'O
0
0 to
_
184,368
10,500
193,000
15,000
98,400
*
O'
©
O
tO
a co
I ©•-,*
I ©r*
© X
mx
to
COW
%
0©
o
m to
XX
-'i
oM
too
X 0
d-jO-4
I ©to:
:
to to
h-*
oo
<
®
**
tc to
CC CO
^
.
©
-4 X
occ
99
<1
®
to to
cn cn
] ®
I
M
M
CO
769,649
737,000
compared with 1885.
to
M
©©5©
«j ~r> O ^
®
c CD
©o°
CO O CC
©© w:
<
-4 QC
x a
—
v|M
o
-j -j o. j
O
x©o©
c -j
®
-IXh*^
I
M
co
-4
xa
fc*.
00
M
H-»
276,000
26,000
been
The above figures indicate a decrease in the cotton in sight
to-night of IOL',705 bales as compared with the same date of
1887, a decrease of 1 >*0,490 bales as compared with the corres¬
ponding date of 1886 and an increase of 29,246 bales as
M —XM
-4
d
x
MM
oO
©©
-4 -j
<1-1
aw
CO
MM
hales 688,000
192,000
303,000
821,639
298,260
tiF'The imports into
M M
Ol 0*
39,000
797,419
240,033
26,916
22,000 bales.
W M
cow
to
I ®t^:
M M
>
0©
^
-j-j
431,300
396,000
13,000
985,917
413,890
7,546
446,000
53,000
Total visible supply
OOoO
-j X O -j
r_ ^
’1
170,000
158,000
303,000
Price Mid. Upl., Liverpool....
Price Mid. Upl., New York
MM0.M
to
5,000
84,000
6,000
5,000
a
x
2
cn cn
335,200
220,000
183,000
24,000
00
-j
394,400
821,639
298,2b0
to-day.
21,864
Total East India, &o
Total American
MMOC M
-j afco
I ©«:
-4
©©
©r
CO OOCO
<
®
*■*
314,300
London stock
M
ocoo
©
2
1
99
4,000
42,000
4,000
11,000
Liverpool stock
s§s
O
M
1
dd
h>
I
So
O r
1 ©
1 ©^:
M M
O O
00
-4
MM
O X
^4 O
M
mm
^
£
-j-jM2
m m
MmViM
9?
o
MM
2
M M
MMy H
000P
-400 O-j
3,000
54,000
5,000
4,000
Egypt, Brazil, &c., afloat.
I
-J ro
cc M
I SD-i:
m h! m
*1
-j-j
2
I
(>.
OO
<1
173,000
Brazil, efic.—
East Indian,
O
MM
►
WWw4
I
d-jo*j
-ia
*£» a. >_j
®
-*
00
-i-J
00
^
I ®o:
0909
-j-j°d
®
I
cc
M M tO
OOO
MM
400
1,100
1,900
163,000
4,000
80,000
9,000
3,000
Europe.
Total American
M
M©M
%
OOoO
00
**
400
300
1,200
262,000
400
Liverpool stock
I
I -j»-j
Mm^M
-1 -1
©X M
° -j
X CC
®
%
,
>
a a
ifrOw4
I ®to:.
fj*
<
®
-a
d
mM
wto
?
®
99
00 M
1 ®os:
MMkjM
OOoO
OOoO
-j -j o d
oO
d -j o -j
MM
99
-jd
37,100
30,000
1,200
Continental stocks....
American afloat for Europe...
Jnited States stock
United States Interior stocks..
United States exports to-day..
t0
<
I ®r:
I
M M
09
da°d
°9
XM
to
45,900
24,000
3,058,768 3,045,553 2,835,817
descriptions are asfollows:
99§9
05 05
®
MM
I ®p:
2
^
(-»>-»
2,800
39,000
Total visible supply
2,815,063
Of the above, the totals of American and other
a®u2i
M
da
2
aaM^s
X
-jd
oc
0*0
2
dd
b>
Ccm^^
cocto^
00
<
2
I
1 © to*
<wa
MM
HMwM
00
99
I-1
00
OO
c O
-4 &■
712,000 1,013,000
4,000
7,500
40,900
50,300
29,000
52,000
afloat for Eur’pe.
United States exports
OO
cJ>a°a
MM
OO
MM
I ^).w:
M M X
o-a
OOoO
-j -10 Oi
o
-> -j
®p:
WtO
M M
MMMM
COCO
945,000
3,800
Stock in United States ports..
8tock in U. S, interior towns..
C7»® d>
a»
OOOO
>>
<
I
o
99
dd
6> m
2
tOXM^
w w
895,000
Egypt,Brazil,&c.,attt for E’r’pe
M
<105
®
cncn
M
MM
OI
ococm^
MM
m
>
^
®
d'jo®
c5» d O rji
66
stock.
stocks
India cotton afloat for
Amer. cott'n
OOOO
^
99
©<w
99
M
MM
w
<1
I ©h»*
—05M
OO
hales
974,000
.
1,047,200 1,444,300
Total European stocks ....1,209,300 1,339,400
125,000
182,000
I $*>:
£>
*,o^
aa
MM
MM
I ©o:
cncn
1885.
698,000
14,000
Liverpool
Total Continental
2
n
Mm O
05
O /».
awa
.
to
^
O
cooo
OOO
o o:
a
X
1
1886.
930,000
15,000
1
Total Great Britain
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at Havre
Stock at Marseilles
8tock at Barcelona
8tock at Genoa
Stock at Trieste
%
oi vt
05 M
®
00
W <1
mC-M
,
£
(►
© cb
cji cj> o cJi
W<ltO^
I
M
MM
OoO
©o ®o
®
aw
9oO
i
1
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M
cn
w
M
M *k
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O C o
©
GOOD)0"1
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co to
OO
a
MMqqM
o
®
O* 5"
®
t0-JM*1
MW
®
M<jM
c©o©
d> o"i o di
I ®ru
■
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I s>
M
h»
to to
99 <
di cj»
®
t0t0M*
I
c o o
^
99
Uicji
MM
!<
aw
oo
•<
*-i
toco
o
MM
©p
£>
MM
MM
oi
Cn a,
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MQ0
**
P UlOyi
<JVt
to
'P ■*,
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MMWM
OOOO
OOoO
05(P.O M
>
<i
®
I
I
M mQDM
mmJju
MM
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OCM1^
WOcc^
I &©:
to
OOOO
OOoO
OO
®
M M £k M
MMmM
00M
UtP
o o c
to
-I s>?°:
M o; m
OOcO
m
®
MMqdM
POt
OOqO
—<|M
^
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P P
I ^y>
I
I &\o:
M
oo
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<
2
**
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I ®w:
P°P
'
X°
£
CM©
I $.M.
I S>;
*
t>
MM
t>
MM
P, m to P
«< ©o*
05
fe
2
i^3
3) a*3
•
Is
)—I
&P©5
&x©3
05
-1
X X
SjTog
-jo
-jo
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m
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k-m3S
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3 QG
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©
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MM
1887.
871,000
24,000
1888.
g&MS.
£-£w®
Co?
Thursday evening.
Stock at
< Ox*a
^
But to make the totals the complete
figures for to-night (Mar. 2), we add the item of exports from
the United States, including in it the exports of Friday only.
to
a*
©:
brought down
all the European figures are
and consequently
m
©
->
Sȣ).w3
p£-®p
**S5«
n—. CD
®
COm 3“
CO
gtPM®
£
® ®
® •
•
2? ci to t-*
well
S'P'H
CD
5p
P r*
£»> <T>
Prc
®
^
•
OB "
?t«
•
■
P
Qj
O
g-®-30^
cr® co *o
oo
®
13!
Z'Z'Qj
<T> £"
® O
33
7»*S3
: l;£.*i
*
O'tJTJo
^r,?3
a
O
5*a£.«
® ® P*
® r.
02 O
cd ®
*
® •*
gwi
o2.E§
® a
The Visible Supply of Cotton to-night, as made up by cable
and telegraph, is as follows. The Continental stocks, as
as
those for Great Britain and the afloat are this week’s returns,
g
H
*1
[Vol. XLVI.
CHRONICLE.
THE
292
“net.” tThis year’s fig
March 3
THE CHRONICLE.
1888.1
The above totals show that the old interior stocks have
decreased during the week 21,843 bales and are to-night 58,227
bales more than at the same period last year. The receipts at
the same towns have been 3.047 bales less than the same
week last year, and since September 1 the
receipts at all the
towns are 63,760 bales more than for the same time in 1886-7.
Quotations for Middling Cotton at Other Markets.—
In the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
day of the past week.
Mar. 2.
^ Satur.
Galveston
New Orleans.
Mobile
Savannah
Charleston
...
..
Wilmington
Wednes.
Thurs.
9%
9%
9%
9%
934
9%
9%
934
9%
9%
9%
9%
9%
934
934
93i
913i6
913iq
91316
91316
10%® %
91516
91516
10i16
10
Baltimore
10%
91310
10%
ionic
9%
9i5i6
10%
10%® %
IOH10
101116
9%
9%
St. Louis
9%
Cincinnati...
9%
10
10
...
own,
10
10%
10%®%
101116
101116
10%
10%
101116
9%
9%
9%
9%
9%
10
10
10%
OiBie
10%
1038®%
934
9%
10
10
9%
9!3i6
10
9%
934
Fri.
10%
915i6
10
10%
934
....
10%
10
1038®% 1038®%
...
Philadelphia
Louisville
Tue8.
10 %® %
.
Norfolk
Boston
Augusta
Memphis
Mon.
913ie
...
9%
10
10
97g
10
10
10
10
Receipts from the Plantations.
The following table
Indicates the actual movement each week from the
planta¬
tions.
The figures do not include overland
receipts
nor
Southern consumption; they are
simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market
through the outports.
—
Week
Itece
Ending—
Feb.
“
3
10
“
1?
“
24
Mar.
2
ts at the Ports.
1880.
1887.
| 1888.
j
St'k at Interior Towns.
1880.
1887.
1888.
Rec’pts from Plant'ns.
1886.
| 1&S7.
1888.
134,804 132.? 31
90,130 470,342
122.418 130.753' 98,008 409,013
105,702 108.257 00,583 454,110
102,524 80,582' 84,137 448,170
02.807 05,013 00,024 442,000
08,223
7
9.9511
Leland, Mississippi.—No rain all the week. The ther¬
bas averaged 46*7, the highest being
70 and the
mometer
lowest 26.
v
Greenville, Mississippi.—We have had rain
351,361 398,012 117,8w6 117,404 64,310
330,612 379.550 115,089 116,004 80,212
332,798 308 003 00,895 104,443 88.690
321,306 360,441 90,578 75,150 75,915
301,100 350,014 87,303 74,840 59,197
05.502 441,408 205/91 324.588 68/ 25 44.743 30
5‘ 0
on
one
day
of the week, the rainfall reaching
seven hundredths of
inch. The thermometer has
37 to
an
ranged from
65.
Vicksburg.Mississippi.—It has been showery on one day
of the week, the rainfall reaching four hundredths of an
inch.
The thermometer has averaged 54, the
highest being 75 and
the lowest 36.
Little Rock.
CLOSING QUOTATIONS FOR MIDDLING COTTON ON—
Week ending
293
Arkansas.—Telegram not
received.
Helena, Arkansas.—It has rained lightly on one day of the
week, the rainfall reaching three hundredths of an inch.
Plowing is progressing. The thermometer has averaged 46,
the highest being 56 and the lowest 24.
During February the
rainfall reached two inches and
forty hundredths, on twelve
days.
Memphis, Tennessee.—We have had rain three days of the
week, and it is raining now. The rainfall reached thirty hun¬
dredths of an inch. Average thermometer 53,
highest 71 and
lowest 21. It rained on eleven days during F ebruary, and the
rainfall reached two inches and forty-nine hundredths. The
thermometer averaged 44 and ranged from 21 to 71.
Nashville, Tennessee.—We have had rain on three days of
the week, the rainfall reaching thirty-two hundredths of an
inch.
The thermometer has averaged 42,
ranging from 11 to
68. Rainfall during February four inches and seven hun¬
dredths.
Mobile, Alabama.—It has rained severely on one day of
the week, the rainfall reaching one inch and
eigbty-nine hun¬
dredths. The thermometer has ranged from 30 to 70,
averag¬
ing 52.
Montgomery, Alabama.—We have had rain on two days of
the week, the rainfall reaching two inches and
twenty-eight
hundredths.
Average thermometer 51, highest 72, lowest 25,
Rainfall during February seven inches and
sixty-seven hun¬
dredths.
Selma,
Alabama.—There has been
The thermometer
and the lowest 26.
has
no
rain all the week.
averaged 48, the highest being 69
Auburn, Alabama.—We had
snow on the 27th and ice on
The week’s rainfall was ninety-four hundredths of
The thermometer has averaged 48’8, ranging from
the 28th.
an inch.
21 to 66.
Madison, Florida.—Rain has fallen on one day of the
2.—That, although the receipts at the outports the past week week, fo the extent of one inch and twenty hundredths. The
thermometer has ranged from 29 to 80, averaging 59.
were
65,562 bales, the actual movement from plantations
was
Macon, Georgia.—Telegram not received.
only 39.536 bales, the balance being taken from the stocks at
Columbus, Georgia.—We have had rain on one day of the
the interior towns.
Last year the receipts from the
plantations
for the same week were
44,743 bales and for 1886 thev were wefk, the rainfall reaching sixty hundredths of an inch.
Average thermometer 45. highest 60, lowest 21.
68,025 bales.
Savannah, Georgia.—Rain has fallen on one day of the
Amount of Cotton in Sight Mar. 2.—In the table
below week, to the extent of
seventy-two hundredths of an inch.
we give the
receipts from plantations in another form, and add The thermometer has
averaged 52, the highest being 72 and
to them the net overland movement to Feb.
1, and also the the lowest 27.
takings by Southern spinners to the same date, so as to give
Augusta, Georgia.—During the early part of the week we
substantially the amount of cotton now in sight.
had light rain on two days, but the latter
portiou has been
clear and pleasant. The rainfall reached
seventy-five hun¬
1887-88. 1886-87. | 1885-86. 1884-85.
dredths of an inch. The thermometer- ranged 22 to
73, aver¬
4.901,459 4,856,185 4,607,302 4,446,900 aging 47.
Febmary rainfall four inches and fifty-four hun¬
Interior stocks oil Mar. 2 in
excess of
September T
300,758
dredths.
217,931
426,558'
181,964
Atlanta, Georgia.—Rain has fallen on one day of the
to the extent of one inch and
thirty-four hundred hs.
thermometer has averaged 43 6, ranging from 14 to 67.
Tot. receipts from plantat’ns 5,2
2,217 5,074,116 5,033,860 4,628,804
Net overland to Feb. 1
792,413
583,220
559,199
Southern consuinpt’n to Feb. 1
240,000
194,000;
442,478
144,000
164,000
■
1,410.089
!l/
Mar. 2
It will bo
l
1
1,223.104 1,200,028 1,027,438
70 and the lowest 28.
by the above that the increase In amount in sight to
night, as compared with last year, is 383,204 bales, the increase
as
compared with 1885-6 is 477,571 bales and the increase over 1884-5
la 1,019,288 bales.
seen
'Vlaiebarg, South Carolina.—We have had rain on two
days of the week, the rainfall reaching eighty-seven hun¬
dredths of
inch.
Frost and ice on three mornings. Aver¬
thermometer 46*3, highest 65 and lowest 22.
Wilson, North Carolina.—It has raineo. on one day of the
week, the rainfr.ll reaching one inch and thirty-seven hun¬
dredths. Average thermometer 46, highest 68 and lowest 20.
The following statement we have also received
by telegraph,
showing the height of the rivers at the points named at 3
o’clock Mar. 1, 1888, and Mar. 3, 1887.
Weather Reports by Telegraph.—Our
telegraphic advices
from the South to-night indicate that the
temperature has in
general been lower, with snow in a few districts. But little
progress has yet been made in preparing for the next
crop.
Halpc.stou, Texas.—It has rained
on
one
The
Albany, Georgia.—Telegram not received.
Charleston, bouth Carolina.—We have had rain on two
daj 8 of the week, the rainfall reaching fifty hundredths of an
inch. The thermometer has averaged 52, the highest
being
6,234,630 5,851,336 5,757,059 5,215,342
Northern spinners’ takings to I
week
an
age
day of the
week,
the rainfall reaching fourteen hundredths of an
inch.
Aver¬
age thermometer 60, highest 70 and lowest 50.
During
the
month of February the rainfall reached seven inches
and
Mar. 1/88.
sixty hundredths.
Mar.
3, ’87*
Feet. ; Inch.
kalestint, Texas.—We have had rain on one day of the
Above low-water mark.
8
2
week, the rainfall reaching twelve hundredths of an inch. The New Orleans
23
1
Memphis
Above low-water mark.
2
thermometer has averaged 54. the highest
Above low-water mark.
Miss ing.
being 70 and the Nashville
lowest 38. Rainfall during
Miss ing.
Above low-water mark.
February six inches aud sixty- Shreveport
eix hundredths.
24 |
Vicksburg
Above low-water mark
4
San Antonio, Texas.—The weather has been
India Cotton Movement from all Ports.—The
dry all the
receipts
week. The thermometer has averaged 54,
ranging from 42 to and shipments of cotton at Bombay have been as follows for
66. Rainfall during Feoruary three inches and four hun¬ the week and
year, bringing the figures down to Mar. 1.
dredths.
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
New Orleans, Louisiana.—It has rained on one
day of the
week, the rainfall reaching one inch and forty-six hun¬
dredths. The thermometer has averaged 55.
Shreveport, Louisiana.—Only
inappreciable amount of
rain fell during the week. The thermometer has
ranged from
82 to 70, averaging 51.
Columbus, Mississippi.—There has been no rain all the
week, but one-and-a-half inches of snow fell. Average ther¬
mometer 47, highest 68 and lowest 20.
During the month of
February the
dredths.
an
rainfall reached five inches and fifteen hun¬
Shipments this week.
Tear Great
Bril'n.
Continent.
Total.
Shipments Since Jan. 1.
Great
Britain
Conti¬
nent.
Total.
-
1888 3,000
1887 6,000
1886 2,000
1885 13,000
20,000 23,000
27,000 148,000
17.000 23.000
50.000 162,000
17,000 49,000
31,000 44,000
48,000 166,000
37,000 114.000
175.000
212,000
214,000
151,000
Receipts.
This
Week.
55,000
47,000
52.000
36,000
Since
Jan. 1.
352,000
380,000
355,000
237,000
According to the foregoing, Bombay appears to show an
compared with last year in the week’s receipts
bales and shipments are the same, but the
increase
of
8,000
294
of 37,000 bales.
for
for two
ports”
Ceylon,
shipments since Jan. 1 show a decrease
The movement at Calcutta, Madras and other India ports
the last reported week and since the 1st of January,
years, has been as follows.
“Other
cover
Tuticorin, Kurrachee and Coconada.
Shipments since January 1.
Shipments for the week.
Conti¬
nent.
Great
Britain.
Calcutta-
Total.
9,000
1,000
Total all—
1888
1887
1,000
1,000
sue
coming week.
2,000
2,000
2,000
11,000
10,000
8,000
4,000
19,000
14,000
5,000
9,000
6,000
10,000
32,000
28,000
39,000
60,000
70,000
31,000
of cotton from the United
latest mail returns, have reached
92,618 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph and published in
the Chronicle last Friday. With regard to New York we
include the manifests of all vessels cleared up to Thursday.
Total bales.
New York—To Liverpool, per steamers England, 2,069
Ger¬
Shipping News.—The exports
States the past week, as per
4,000
2,000
show that the movement from
is 4,000 bales less than the same
whole of India, therefore, the tota’
shipments since January 1, 1888, and for the corresponding
periods of the two previous years, are as follows :
EXPORTS TO EUROPE FROM ALL INDIA.
The above totals for the week
the ports other than Bombay
week last year. For the
Shipments
to all Europe
week.
from—
212,000
49,000
214,000
6,000
23,000
10,000
70,000
9,000
47,500
29.000
235,000
33,000
2S2,000
58,000
261,500
All other ports.
Total
Jan. 1.
175,000
60,000
23,000
B mibay
Since
Jan. 1.
This
week.
Since
This
week.
Since
Jan. 1.
This
Alexandria
ments we have
Shipments.—Through arrange
Co., o:
Receipts and
made with Messrs. Davies, Benachi &
Liverpool and Alexandria, we now receive a weekly
the movements of cotton at Alexandria, Egypt. The
ing are the receipts and shipments for the past
the corresponding week of the previous two years.
cable o:'
follow
week and for
Alexandria, Egypt,
Since
I
1,000 208,000
2,000 125,000
3,000*333.000!
Total Europe
This
week.
is 98 pounds.
3,000 bales.
Sept. 1.
4,000 220,000
2,000 115,000
4,000 190,000
2,000 117,000
6,000 335,000
6,000!313,000
report received by cable to-night
the market continues steady for
leave those
1887.
1888.
8*4 lbs.
Shirtings.
32s Cop.
Tivist.
d.
10
17
24
Mar. 2
«
“
d.
s.
71^16—S’hs
71^16—8"io
7\ ®83s
7\
744 m1*}
7 34 a 8 3S
East India
5
5
5
5
5
5
s.
d.
9 ,o)l
8^2^7
8 ®7
8 ®7
8 ®7
8 Tvl
d.
2
1 l>
1
1
CotVn
Mid.
Uplds
a.
32s Cop.
Twist.
1
1
5 9 in
5 hi
d.
d.
714
55g
59,6 7*8
7X8
51.J
5®ig 7l8
®778
® 7*4
®734
® 734
7*3 ®734
7lS ®734
Crop.—From the Bombay
8j4 lbs.
CotVr
Mid.
Shir tiny 8.
Upldi
s.
d.
5
5
5
5
5
5
9j2®6
91*2©6
91e«'0
91g« 6
9L>®6
91g®6
s.
d.
IOLj
10L>
10*2
10 Lj
<L
5^6
5ia
5i8
5ift
lO1^
5^16
IOL3
514
Company’s (Limited)
Report of January 27, we have the following:
Although it is premature to speak with any certainty, there seems to
lie a general feeling gaining ground that, the shipments to Europe for
the six months ending 30tli June are going to lie disappointingly small.
The chief falling otfwill doubtless be in Oomras, which pr< mise to be in
considerably smaller supply, and it is not thought that the
shortage of 40 per cent given by some authorities early in December
last will be far wrong. Arrivals from the Bengal districts also promise
to be less than last year, when, it will be remembered, an unusually large
supply was received. On the other hand, both the Dhollera and Broach
crops are well spoken of, and receipts from the districts promise to be
large, but not sullicieutly so to make up for the shortage from the Oomra
and Bengal districts. From other districts the quantity received will be
probably about the same as last year, so that on the whole, and looking
at the probably increased takings by the local mills, which have run very
short of stocks, there does not seem much probability of the exports to
Europe for the lirst six months of this year exceeding 800,000 hales.
—At a meeting of tlie members of the New York Cotton
Cotton
estimated
Exchange,
tions were
278—BStaerkm
Venetian, 2,896
Philadelphia—To Liverpool, per
held on Saturday,
passed :
Feb. 25, the following
resolu¬
4,802
300
7,382
3,200
1,874
1,770
8036,371
3,664
English, 3,200
1,530
2,868 6,54o
steamer Indiana, 500
500
92,618
Total
shipments, arranged
particulars of these
form, are as follows
:
Hull
The
pool.
662
usual
our
and
and Ihirce- and
Total.
Humb. Slcdin. Iona. Lcffh’r. 14,934
1
863 3,187
6,233
7,382
Savannah
Brunsw’k..
Cbarlest’n.
Galveston
West Point.
Newport N.
in
Genoa
Brcvn. Antw'p
and
Lcilh. Havre.
7,788 2,334
29,143
New York .
N. Orleans.
Mobile
100
44,045
■0
7,382
3,200
1,874
1,770
3,567 5,102
3/joo
.
1,874
i
80 3
6,371
3,664
1,530
.
Baltimore
Boston
6,371
3,664
1,530
6,545
.
....
shirtings. We give the prices for to-day
for previous weeks of this and
for comparison :
below, and
«
Sept. 1
the receipts for the week ending
and the shipments to all Europe
Manchester Market.—Our
from Manchester states that
both yarns and
Jan.27
Feb. 3
Since
This
week.
Since
steamer Lizzie
29,143
4,242
1,991
3,567
Brunswick—To Liverpool, per
,.1,874
.
Charleston—To Barcelona, per bark Amicizia, 1,770
Galveston—To Vera Cruz, per steamer Whitney, 803
West Point—To Liverpool, per steamer Gleufield, 6,371
Newport News—To Liverpool, per steamer Orford, 3,664
Baltimore—To Liverpool, per steamer Circassian. 1,530
Boston—To Liverpool, per steamers Catalonia, 781; Iowa,
Pliiladel’a
This statement shows that
Feb. 29 were 30,000 cantars
last year
2,691,000
2,759,000
jjS'ejtfh 1.
Exports (bales)—
To Liverpool
To Continent
28,000
32,000
36,000
2,760,000
This 1
week.
A cautar
Savannah—To Bremen, per
7,78S
1,334
1,000
GG2
100
763
1,487
1,700
100
Scrvia, 733
Ohio, 2,424
1,334
:.
Montauk, 1,000
La Bourgogne, G02
Saale, 100
GelFert, 004—Taormina, G9
Hermann, 1,375.. .Noordland, 112
Gothia, 1,700
Chandernagor, 100
steamers Floridian, 6,374
Liverpool,
Hugo, 5,413
Navigator, 5,807
Norfolk, 4,945 per
barks Flora, 3,286
Lady Dufterin, 3,318...
To Bremen, per steamer Corona, 4,242
To Hamburg, per steamer City of Manchester, 1,991
To Barcelona, per steamer Pio IX., 3,567
To Genoa, per steamer Sidonian, 2,753
per bark Ilia,
2,049
To Leghorn, per steamer Sidonian, 300
per
Mobile—To Liverpool—per steamer Galveston, 5,308
bark Queen’s Cliff, 2,074
Liver¬
Koceipts (cantars*)—
This week....
Since Sept. 1
*
1885-86.
188G-87.
1887-88.
Feb. 29.
manic, 2,562
To Hull, per steamer Marengo,
To Leith, per steamer
To Havre, per steamer
To Bremen, per steamer
To Hamburg, per steamers
To Antwerp, per steamers
To Stettin, per steamer
To Barcelona, per steamer
per
New Orleans—To
1886.
1887.
1888.
which the present week
early date on
impossible to complete our
54,000
4,000
*
of
ends, it has been
overland figures in time for this is¬
of the Chronicle. We shall endeavor to furnish the re¬
sults to the Cotton Exchange on Monday or Tuesday of the
the
37,000
20,000
35,000
17,000
19,000
10,000
February 1.—In consequence
Movement to
Overland
Total.
Continent.
Britain.
4,000
3,000
1,000
1888
1887
Madras—
1888
1887
All others—
1888
1887
Great
[Vol. XIAI,
CHRONICLE.
THE
6,545
500
500
.
Total.... 64,797
The above
662 10,296 3,187
2,334
total includes
Below we add the
cotton from United
the latest dates :
5,437 5,102 92,618
Galveston to Vera Cruz.
803 hales from
clearances this week of vessels
States ports, bringing our data
carrying
down to
Liverpool—Feb. 24—Steamer Navarro, 8,057....
4,486... .Teniers, 2,387.
For Bremen—Feb. 28—Steamer Ocean King,
For Barcelona—Feb. 28—Bark Alejandro Bosch,
Feb.
Savannah—For Liverpool -Feb. 24—Steamer Anjer Head, 4,044.
Ossuna, 2,477.
For Majorca—Feb. 25—Bark Santiago, 86.
Charleston—For Barcelona—Feb. 25—Steamer Flue nix, 4,200.
Wilmington—For Liverpool—Feb. 28—Ship Etta,
.
West Point—For Liverpool—Feb. 24—Steamer Euskaro, 6,072.
Boston—For Liverpool—Feb. 21—Steamer Norseman, 1,967
Feb. 25
—Steamer Virginian,
Feb. 27—Steamer Michigan,
.
Baltimore— For'Liveipool—Feb. 21—Steamer Mentmore, '633....Feb,
Sarnia,
.
For Rotterdam—Feb. 24—Steamer Urbino,
.
Philadelphia—For Liverpool—Keb. 28—Steamer British Princess,
—»
New
Orleans—For
Feb.
For
25—Steamers Inventor,
Antwerp—Feb. 28—Steamer
Vaderland,
all news received to date of disasters to ves¬
sels carrying cotton from United States ports, &c.
Indiana, steamer, from Philadelphia for Liverpool, returned to former
port, Feb. 23, with one blade of propeller gone and shaft packing
worked loose. She sailed for New York on the 25th to make
repairs, arrived there on the 27tli, and will sail in a few days for
Below we give
Liverpool.
Cotton
Liverpool, steam d.
Do
sailL.d.
Havre, steam
c.
-
Do
sail.
Bremen,
Do
week have been as
freights the past
steam
sail
c.
c.
c.
Mon.
Satur.
'*32
hz
....
....
932
932
mm
....
mm
1JS2
1132
....
....
Tues.
follows :
Wednes.
Thurs.
Fri.
r
**32
•
...
9.32
....
n32
....
‘*32
mmrnm
932
....
1332
....
5G4®‘*32 3G4 ® 332.
....
**32
....
3
*32
....
....
932
....
.1 ^32
....
932®51G **32® ^16 **32 ®516 932®r>J6
Hamburg, steam c. 932®r’lG °32®5JG
Do
sail. ..e.
30*
30*
....
*••••
Amst’d’m, steam. c.
30*
30*
....
30*
....
....
....
30*
....
Providence has removed from our midst our
Do via Leith.d.
13G4® *4 1364® *4 13G4®14
Mr. Chester L. Greene; be it
Keval, steam
d. 1*64® *4 13G4®34 13G4®X4
I
Resolved, That in his death this Exchange has lost a most honorable
sail
Do
d.
3
and useful member, whose life was signalized by his upright dealings,
16 ® 1:*G4 :*lG®13fr4
13G4®
*4
his integrity to commercial honor, and his cordial and genial nature
Barcelona,steam d. 33G4® ~32 13G4®a4
1364
i3G4
13G4
13G4
toward his fellow members; be it
1364
l:*G4®732
Genoa, steam
•*4
H
*4
Resolved, That as a body we deplore his untimclv end, and tender our
*4
>4
*4
332®
deepest sympathies toward those who, near and dear to him, shall miss Trieste, steam...d.
33o®
332®7G4
332® 7G4 332®'7G4
liim most.
Antwerp, steam d.
Resolved, That a copy of these resolutions be forwarded to the family
of the deceased, and a committee of members be appointed by the chair i
* Periwig,
Whereas, An inscrutable
ate follow member and associate,
....
mmrnm
mmrnm
....
•
v
attend upon his
obsequies.
....
....
....
....
....
....
....
March 3, 1888.j
r
THE CHRONICLE.
Liverpool.—By cable
from Liverpool
ing statement
Feb. 10.
Sales of the week
bales
Of which exporters took....
Of which speculators took...
Sales American
Actual export
American—Estim’d
Total import of the week
The tone of the
day of the week
187.000
)
Market,
12:30 p.m.
Quiet.
\
MhLUpl’ds.
Tuesday.
186,000
191,000
160.000
8,000
7,000
52,000
7,000
20,000
871,000
688,000
105,000
78,000
184,000
163.000
77,000
69,000
Good
business
buyers’
favor
5%
5%
14.000
12,000
1,000
2,500
1,500
Quieter.
Steady
)
p.m.
$
Market, {
at
1-64 ad-
Market,
-
Easy at
Quiet.
Steady.
■teady.
Quiet at
l-«4 de¬
vance.
Quiet and
$
Nat., Feb. 25.
cline.
vance.
Easy.
Firm.
Very
d.
d.
5 34
5 84
Feb.-March 5 34
Mar.-April. 5 35
5 34
d.
6kths
thus:
d.
5 34
5 34
5 34
534
d.
d.
5 35
5 35
5 85
5 85
5 35
5 85
means
d.
d.
d.
535
5 33
5 32
533
533
533
5 32
6 35
5 32
5 32
5 35
5 35
5 35
5 35
5 35
535
535
5 30
5 30
5 33
5 83
5 30
5 30
5 82
5 37
5 82
5 80
5 38
5 37
5 38
538
585
5 85
5 38
5 38
5 84
June-July..
5 38
5 34
5 88
5 40
5 40
5 38
5 40
537
5 37
5 40
5 30
J uiy-Auff...
5 40
530
5 40
5 40
5 42
5 40
5 42
531
5 42
5 42
5 33
5 33
5 42
5 33
Aus.-Sept..
September.
5 42
542
5 42
5 !2
5 42
5 40
5 40
5 43
5 *2
539
5 43
5 39
6 42
5 42
5 42
5 42
5 12
5 40
5 4.2
5 40
5 42
5 40
5 42
5 40
5 42
542
5 42
5 40
5 40
5 40
5J40
.
1.
d.
d.
d.
d.
5 32
5 32
5 32
5 32
Mar.-April. 5 32
5 34
Aprll-May
May-June.. 530
.
5 38
..
..
....
5 32
5 32
5 31
5 34
5 30
5 30
5 30
5 39 !
July-Auw
Auer.-Sept.. 5:9;
September. 5 39
8ept.-0ct
5 32
5 34
j
!
!
d.
d.
5 34
5 34
d.
5 34
d.
d.
d.
d.
d.
5 31
581
5 31
531
5 83
5 31
533
5 34
5 31
5 31
5 31
35
5 85
5 31
5 35
5 35
5 33
5 33
5 33
5 37
5 37
5 87
5 33
6 87
5 35
5 35
5 31
5 34
5
5 -8
538
5 38
5 89
5 39
5 39
5 40
5 39
5 37
5 39
5 r,
5 4"
5 40
‘ 541
5 80
5 36
5 40
541
5 40
5 39
5 38
5 40
5 40
5 38
5 38
5 40
5 4<>
5 41
5 40
j
5 30
5 89
5 39
| 55 41
41
538
5 89
5 38
5 38
5 40
541
5 39
5 39
5 38
5 33
| 5 30
5 30
5 30
528
528
5 27
5 27
5 40
l
1
BREADSTUFF
'
Friday, P. M., March 2. 1888.
was reported in fi )ur
th-ougn the week,
though the market was not generally active.
The demand
was mostly
from home trade sources. In several
instances,
early in the week, receivers met the
requirements of buyers
at further slight reductions
in prices for medium
and high
grade extras, which bad accumulated. Low
grade stock held
its own well, as r.oi
plenty and in rather more request.
Shippers bought
.
58%
59%
.
changes
on a turn
There
.
.
,
or
to
moderately.
firmness in wheat tended
more general.
Corn meal
On
Tnursday the increased
steadiness, and the inquiry was
was without
to
change, ana slow of
The market to-day was
steady, but
Very si ght changes occurred in wheat quiet.
through the earlier
half of the week, on a
moderate speculation and restricted
business in early
deliveries, though the drift
figures, with the West irregular and cables was to easier
lifeless. Ship¬
pers bought very
moderately, partly to cover old freight con¬
tracts.
Milling inquiry limited. On
Wednesday and Thurs¬
sale.
day, the market was firmer, though
and on Thurs¬
day in options more active while duirregular,
1 iu prompt deliveries.
Contract deliveries on
Thursday were under 320,000 bushels,
and the bulk to two
firms, largely in control of supplies
here.
There was a slightly firmer
feeling tc-day, but a oispo-ition
to advance ocean
freights kept the export business within
limits
was
Sat.
Mon.
Tues.
37%
37%
37%
.....
....
37%
Sat.
Mon.
39 <
39%
39%
•
39%
Sat.
April delivery
May delivery
June delivery
July delivery
August delivery
December delivery
Tucs.
89%
Mon.
89%
90%
90%
90 %
91
<) j 1 ^
91%
90%
89%
93 %
9i %
90%
9011
89%
93%
89%
90%
■90*4
Wed.
hurs.
89%
89%
9o%
91%
90%
90'*>
91%
90%
89%
89%
89 %
92%
92%
Fri.
9o
90%
91 %
9u%
91%
90%
89%
93
90 %
59%
59%
59%
60%
60
59%
59%
59%
59%
60
60
60
important trading
37%
-
•
Wed.
37%
37%
Thurs.
Frf.
38 i
37%
37%
38%
38%
37%
37%
2 WHITE OATS.
Tues.
Wed.
38%
Thurs.
39%
39%
39%
39%
39%
•
.
39
•
•
•
38%
Fri.
m
m
m
9 bbl. $2 10®$2 60
Minn, clear and stra't.
Winter shipp’g extras.
Winter XX and XXX.
Patents........
Southern supers......
•......
South’n
39%
39%
corn,
extras..
2 35» 3 00
2 65®
3 50®
2 75®
3 25®
4 10®
2 65®
3 00®
3 15
4 35
3 15
4 40
4 90
3 00
3 40
Southern bakers* and
family brands
$3 50®$4 20
Rye flour, superfine.. 3 30® 3 60
Fine
2 30® 2 50
Corn meal—
Western, &o
3 00® 3 25
Brandywine........ 3 20® 3 25
Buckwheat flour, per
100 lbs
2 20® 2 30
GRAIN.
Spring, per hush...
Spring No. 2.......
Oats—Mixed
85
89
®
®
Red winter No. 2... &.91
Red winter
86
White
85
®
®
Corn—West’n mixed.
West’n mixed No. 2.
Western white
Western yellow....
Southern yellow...
95
90
92
93
93
62
&
58*2®
State &
Pa., $ hush.
White
No. 2 mixed
No. 2 white
62
62
62 ia
69
74
61^
®
371-2®
39%®
40
44
38 %®
39*9
41ia
40i4®
Barley—
60 %®
59
®
59 ®
60 ®
Rye—
Canada No. 1
Two-rowed State..
Six-rowed State....
Milwaukee No. 2...
95
®1 00
83
85
87
Malt—State, 4-rowed. 1 00
State, 2-rowed
90
Buckwheat
66
85
88
90
®1 05
®
95
®
69
®
®
®
The movement of breadstuffa to market is
indicated in the
statement beiow, prepared by ua from the
figures
of the New
York Produce Exchange. We first
give the receipts at Western
1 the and river ports,
arranged so as to present the compsiafive movement for the week
ending Feb. 25, 1888, and eince
August, for each of the last three years:
Receipts at—
Flour.
Wheat.
Corn.
Oats.
Barley.
Rye.
BblsAMlbs Bush.GO lbs Hash. 50 iOi BushM2 lbs
BushAH lbs 43u. 56 Ibt
Chicago
193,981
109.783
1,048,499
789. J 95
231,892
10.342
Milwaukee...
50,251
145,453
33,100
39.000
80,700
T<0pdr>
2 810
Detroit
2.990
17.752
33,119
Cleveland...
St. Louis
Peoria
20,279
080
15,258
10,874
5,231
83,048
10,310
30.004
14,000
23.078
401.040
77,040
1,547
13,000
141,250
1
43,200
12,906
729
9,315
4,700
-
029
75.72)
559
33,000
5,050
30,200
25.110
2.901
Minneapolis.
1,019,940
Tot.wk. ’88.
Same wk.’S7.1
Same wk.’bO. jSince Auj. 1.
1887 -8..
i
....
270 870
159,413.'
0.351.013
18S5-0*
i
5,010,309
one
79.3 41.119
1,075,730
1.090,02 4
453.327
1,125.070
893.4 40
424,204
993,0 5
402,882
2,833,902j
1,008,374
7.211.100
!
Include
1,538,301
1,092,00 4!
152,011;
1880-7*
*
»
.
Rye was without movement, but held firmly;
offerings
insignificant. Buckwheat dull and unchanged.
Barley had
more attention and ruled
firm; on Tuesday 30,000 bushels of
choice Canada sold at$l@$102.
Important shipments of
Danulran barley are reported as on the
way hither.
The following are the closing
quotations:
|
33,092
|
1
53.597,479; 40,772,030 19,103,107 1,473,279
j 41,559,305 17,003,14 4 1,505,001
58,535,9711 37,890,008; 10,405.910 2,323,587
51.879.409
45.100,153.'
week extra.
The receipts of flour and
grain at the seaboard ports for the
week ended Feb. 25, 1888, follow:
At—
Now York
Boston
Montreal
Philadelphia...
reus of NO. 2 RED
WINTER WHEAT.
59%
increased activity and
No contract deliveries noted
some further
improvement
.
A fair movement
narrow
59^4
59%
Wheat-
^
S.,
49%
60%
....
Superfine
Spring wheat extras.
Open High Low. Clot.
5 84
57%
5S%
** %
58%
58%
5
Fri.
GO
FLOUR.
Fri., Mar. 2.
Open High Low. Cl08. Open High Low. Clos.
58%
58%
light offerings, prices rallied.
Fine
d.
5 36
Thurs., Mar
59 %
58%
March delivery
Aprll-May..
May-June..
Wednes., Feb CZ9,
58%
58%
,
DAILY CLOSING PRICES OF NO.
Tues., Feb. 28.
d.
58*8
58%
60%
60%
37%
Open High Low. Clos. Open High Low.
Clot.
d.
Thurs.
58%
DAILY CLOSING PRICES OF NO. 2
MIXED OATS.
Easy.
4 63
Wed.
58%
Wednfsday, when,
cline.
steady.
Tucs.
without marked
were
2-64 de¬
vance.
Mon.
58 %
deb very*.*’V’.—",
Quiet at
1-04 ad¬
Mon., Feb. 27.
Open High Low. Cl08.
June-July..
jJJfy
5%
10,000
1,000
Quiet at
1-04 ad¬
The prices are given In
pence and
4 63-64/L. and 5 01 mean*
5 l-64d.
March
Sat.
59
59
59
Thursday here.
to-day.
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.
..
lost.
DAILY CLOSING PRICES OF NO. 2
MIXED CORN.
April delivery...
12:30
February
was
on
Futures.
4 P. M.
advance
up to
5*2
5%
movement) rallied on Wednesday and Thursday very
sharply,
partly on contract needs (no contract deliveries being
made
on
Thursday), and very free buying for the longs. Prompt
deliveries varied with options, but,
partly from
offerings, ruled very quiet. There was a buoyant very scant
opening to¬
day in response to Western manipulation, but
part of the early
on
doing.
10,000
Indian com, which, on a moderate
speculative business,
fluctuated early in the week, but went on
in price about
cent (partly on Wes'em promises of an
increased interior
Oat3
Thursday. Friday.
5«16
5%
10,000
1,000
1,500
In
offered.
59i6
8,000
Wednes.
Freely
Steady.
SJie
5%
MliL Orl’ns.
Sales
Spec. & exp.
852,000
668,000
90,000
66,000
217,000
69,000
Liverpool market for spots and futures each
ending Mar. 2 and the daily closing prices
Saturday\ Monday.
Spot.
Mar. 2.
64,000
4,000
5,000
48,000
7,000
21,000
847,000
673,000
6,000
20,000
661,000
166,000
153,000
214,000
Of which American
Amount atloat
Of which American
Feb. 24.
63,000
4,000
6,000
49,000
24,000
840,000
Of which
&c., at that port.
Feb. 17.
61,000
5,000
3,000
48,000
7,000
Forwarded
Total stock—Estimated
have the follow¬
we
of the week’s sales, stocks,
We add previous weeks for
comparison.
295
Baltimore
Richmond
Norfolk, Va
New Orleans...
Flour,
bids.
113,237
•17.131
6,180
1 1,1 Ml
89,8s2
•1,1 16
Wheat,
bush.
21,150
: 47.851
bush.
52,150
261,684
58,200
5.500
18,050
i i.oso
70.76 i
25,671
8,501
Total week. 281,611
Cor. week ’87.. 252,028
Corn,
226.480
7,555
11,615
175,908
633,787
Oats,
bash.
Barley
bush.
-124,000 122,150
151.827 19,410
22,700
2,400
60,-89 21,000
26,615
21,534
B ye,
bush.
7,900
1,070
1,404
20.572
727,537 161.960
10,374
600,812 1,588,028 542,916 101,485 16,053
The exports from the several seaboard
ports for the week
ending Feb, 25. 1833,
are shown in the annexed statement;
THE
296
CHRONICLE
XLVI?
[VOL.
ued at
$612,924, and 4,505 packages, valued at $296,172, have
similar period of 1887 the
Bush.
Bush.
Bush.
packages and in 1886 were
Bbls.
Bush.
Bush.
90,941
1,670 35,633 packages. At first hands the demand for staple cotton
257,386
1,965
New York
539,505
Boston.
16,050
23,480
22,579
goods—other than cotton flannels, in which a large business
Portland.
was transacted at an advance of about 1% per cent over last
N. News.
3,925
80,500
Norfolk..
year’s prices—was only moderate, but there was a good steady
18.249
Philadel.
14,532
movement in plain and colored cottons on account of back
171,427
54,814
Baltim’ro
161,500
orders, and the jobbing trade was of good dimensions. Low
807
N. Orl’ns.
83,475
grade bleached goods are a trifle easier, in sympathy with
Riclim’d
print cloths, but all other staple cotton fabrics are flrmly held
Tot. w’k.
1,670 at
554,017
187,598
1,965
797,555
unchanged prices. Print cloths were quiet and prices have
B’me time
195,863
3,604
19,991
51,396 declined to 35^@3%c. for 64x64s, and 3 5-16c. for 56x603,
1887.
1,579,183 1.337,266
despite the exceptionally small stocks on hand. Stocks last
The visible supply of grain, comprising the stocks in granary
Saturday and for the three previous years were as follows:
at the principal points of accumulation at lake and seaboard
1886.
1885.
1888.
1887.
Feb. 26.
Feb 27.
Feb 28.’
Ft b 25.
8tock of Print Cloths—
ports, and in transit by water, Feb. 25, 1888 :
Exports
from—
Flour.
Corn.
Wheat.
Oats.
Peas.
Rye.
gone to South America.
For the
exports to all ports reached 80,535
.
"
..
In 8lore at—
Corn,
Oats,
Rye,
bush.
bush.
bush.
bush.
afloat
99.000
306,328
2,000
Albany
1,682,161
Buflalo
n
afloat
Chicago
“
84,800
bush.
10,818
5,000
46,879
230.0 >0
46,150
406,300
ooo
941 854
26*211
333*292
665 344
2,116,925
6,949,421
35,704
17,016
84,758
1^0,063
1,699,529
121,173
46,370
4,617
35,612
16,330
15,729
16,698
62,940
2,207,265 1,215,169
900
10,957
267,600
37,000
1,652
1,596
86,000
3,725
3,033,390
35,690
210,000
Philadelphia
22,000
115,336
159,097
247,400
181,000
155,169
6,214
213,000
96,186
20,431
59,137
381,331
116,736
54,603
75,256
314,016
464,380
74,655
301,083
203,555
12(5,077
218,420
138,117
250,200
75,400
900
175,950
13,178
3,950
47,390
3,070
13,072
25,’88. 38,161.453 8,848,232 4,872,103
376,992
18.’88 39,504.709 8,234.494 4,953,002
36;,016
26,’87. 57,627,225 16,134.015 4.736.016
428.348
27/86. 52,149.696 11,503,910 2,247,859
734,217
28/85*43,435,883 6,506,458 2,505,887 1,560,021
2,486.715
2,737,523
2.042.011
1.384,352
496.820
Peoria
Indianapolis
Kansas City
324,354
660,809
Baltimore.
*
7,519,163
Minneapolis
420,000
Bt. Paul
On Mississippi
On canal & river.
Tot. Feb.
Tot. Feb.
Tot. Feb.
Tot. Feb.
Tot. Feb.
7,600
6,300
......
Minneapolis and St. Paul not included.
According to Beerbohm’s London cablegram, the amount of
corn on passage at the dates mentioned stood as
wheat and
follows:
Week
Grain
on
Week
ending Feb. 29.
ending Feb. 22.
Passage.
Wheat.
To United Kingdom..qrs.
To Continent
Total quarters
Equal in bushels
Same weekiu 1887..busli.
The exports
season are as
|
Wheat.
Corn.
Total stock
309,000
205,000|
1,942,000!
66,000
375,000
15,536,000 3,000,000
20,752,000 3,184,000
Corn.
1,588,000
167,000
25,000
178,000
None
1.755.000
450.000
year
and
importations of dry goods at this port for the week
1888, and since Jan. 1, and the same facts for
corresponding periods of last year are as folio vs :
The
the
H
H
o
B
P
Week
Feb.
Exports of Wheat from India.
end'g April 1 to
©
as.’
Feb. 25.
c*
►3
o
40,000
bush.
80,000
80,000
bush.
160,0001
100,000
12,900,000
60,000| 12,060,000
I-i
e*
O p
p
>—
b :
•
©
o
a :
B
a
l7o
o-£b :
•
o '
fj
©rr
?.
Ms P
o
—
©I?-3
s
© f =- p
x
ip
p c
P
'
.
3 I
So
SO
: :
lately devtloped in jobbing circles in this city, and
reports fr< m most distributing centres in the Western, South¬
ern and M>ddle States indicate that the spring trade in dry
goods is pr( gressing favorably. There is now in this market
a large n presentation of retail luyersfiom most sections of
the country who are making liberal provision for the coming
season, and w hile their purchases are not at all of a specula¬
tive charact- r, they are taking hold with a degree of freedom
denoting ample confidence in the siability of prices, and in the
trade outk ok.
The ii creased activity in the jobbing trade
throughout the country was refl cied in a freer re-order de¬
mand for certain specialties at first hands, and manufacturers
agents and importers continued to make steady deliveries on
account of back orders, but operations by wholesale buyers
on the spot were comparatively light.
A feature of the we* k
was a peremptory auction sale of
1,000 pieces American silk
fabrics (the production of the Phoenix Manu acturing Co. of
Paterson, N. J., and Allentown, Pa.), which attracted a large
company < f buyers.
The bidding was spirited, and the entire
line was quickly disposed of at prices which more than real¬
ized the exp* etations of the owners.
Domestic Cotton Goods.—The exports of cotton goods
from this port for the week ending Febuary 28 were 3,323
packages, valued at $206,363. Theae shipments include l,45y
Sjuth America, 523 to the West In lies, 369 to
AdeD, 163 to Central America, 87 to England, 72 to Mexico, 41
to China. 563 to
Newfoundland and 46 to all other countries. Since the 1st
of January the exports aggregate 28,163 packages, valued at
to
$1,650,316.
Of this total China has had 12,835 packages, val¬
:
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P top top
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GO
past week has witnessed a continuation of the active
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COW
woe-
The
.
.....
>—*
Friday, March 2,1888.
’ i :
p
■
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•
TRADE.
©
•
,
3
£;
24,960,000
;
c •
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3^
—.
© '
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£:
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t—*
New York,
452,000- 1,572,000
ending March 1,
p
GOODS
350,000
all desirable makes.
P
DRY
412,000
320,000
through their representatives on th^ road. D^sirabD makes
of clothing woolens are now well under the control of orders,
and prices are generally firm, though low and noc very remu¬
nerative to the mills.
Satinets, Kentu ky jeans and doeskins
were only in moderate demand, but such makes as govern the
maiket are firmly held by the mill agents.
All-wool and
worsted dress goods were distributed *in very fair quantities
by commission homes and job e-s alike, and stocks are so
well in hand that prices remain firm. For flannels the demand
was restricted to a few specialties, and blankets ruled quiet,
but a lair business was done in carpets, and there was more
inquiry f«r wool hosiery and underwear for next fall.
Foreign Dry Goods.—Imported goods were in irregular
demand at first hands, but a fair business was done in some
descriptions, and the jobbing trade was decidedly more active
in some classes of goods.
Dress goods and silks were in fair
request, but velvets and plushes ruled quiet, and the demand
for ribbons and millinery goods was irregular.
Linen and
white goods, handkerchiefs, laces, embroideries, hosiery and
fabric gloves were fairly active, and prices remain steady on
e*
THE
490,000
were in moderate demand, and a good steady busi¬
done in printed sateens, lawns, batistes, ginghams,
seersuckers and other cotton dress fabrics, by agents and job¬
bers alike, while white goods and table damasks were fairly
active in movement and demand.
Woolen Goods,—Men’s wear woolens were
Domestic
in
moderate request by buyers
on the spot, and very
fair orders for heavy c^ssimeres, suitings, worsteds and
overcoatings were received by the commission houses
103,000
b^low:
Total
103,000
68,000
256,000
25,000
Prints
347,000
14,040.000 3,600,000
1,496,000 3,232,000
of wheat from India for the week,
bush.
3,000
45,000
64,000
47,000
22,000
Importations of Dry Goods.
1,737,000!
To United Kingdom
To Continent
(pieces)
6,000
16,000
ness was
....
35,000
51,000
Oswego
Held by Providence manufrs..
Fall River manufacturers...
Providence speculators
Outside speculators (est)
665,328
14,235
1,379,201
Bt. Louis..
“
afloat...
Cincinnati
Boston
Toronto
Montreal
Barley,
68.48 L
80,018
.*.*.* 5,455*119 2,370*8*79
afloat....
Milwaukee
Duluth
Toledo
Detroit
*
1,040,618 1,099.403
2,000
5,974,742
120,000
New York
Do
Wheat,
ct
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