The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
HUN T'S M E R C H A N T S ' MAGAZINE,'
%
BÆPRESENTINQ THE IN D U STR IA L
W M fclt}
P «W *p X p t*,
AN D COMMERCIAL INTERESTS OF THE
VOU- 4 4 _____________ NEW YORK, MARCH 5, 1887.
Sfittatici*!.
78
TO
Sfitmttjcial»
T H E IN E W YO RK
D IA M O N D S .
86 TRINITY PLACE,
Bnslnesa Founded 1795.
Incorporated under Laws of State of Now York, 1S58.
Reorganized 1879.
A lfred H . Smith & C o .,
IM PORTERS,
182 Broadway, Cor. John Street.
E n g r a v e r s a n d P r in t e r s o f
BONDS, P O S T A G E & R E V E N U E S T A M P S ,
L E C A L T E N D E R A N D N A T IO N A L B A N K
NOTES of the U N IT E D S T A T E S ; and fof
Foreign Governments.
i
E N G RA V IN G A N D PR IN TIN G ,
Bik e notes, share c er tificates , bonds
rOU GOVERNMENTS AND CORPORATIONS,
OF EXCHANGE,
D R A F T S , CHECKS, B I L L S
S T A M P S , A c., In the finest and moat artistic style
FROM STEE L PLA TES,
ifith SPECIAL SAFEGUARDS t o PREVENT COUNTERFEITING
Special papers m anufactured exclusively fo r
use of th e Company.
S O L ID
f
AND 9 MAIDEN LANE.
Maverick N ational Bank
B O STO N ,
C A P IT A L ,
SU R P LU S,
-
-
M ASS.
-
-
BANKERS
Stocks, Bonds and U. 8. Government Securities
Bought and Sold on Commission.
W m . 0 . F l o y d -J ones ,
W il l ia m R obison
Members New York Stock Exchange.
J. A . K ohn & C o .,
BANKERS
72 B roadw ay,
STO CK B R O K E R S .
STOCK
WM. V . CAROLIN,
CHARLES F. COX.
Member N. V . Stock Exchange.
Carolin & C ox,
B a n k e r s A C o m m is s io n S to c k B r o k e r s
NO. 55 BRO AD W A Y .
Branch Office, 315 Madison A v., cor. 42d St., New York
Deposits received subject to check at sight, and
Interest allowed on dally balances. A ll Stocks and
Securities dealt In at the New York Stock Exchange
bought and sold on Commission, fo r Cash or upon
Margin.
F . M. L o ckw ood ,
j . heron
Cr o sm a n .
L o ck w o o d & Crosm an,
BA N K E R S ANR BR O K E R S,
Private telegraph wires to Chicago, Boston, Phila
delphia and Baltimore.
W e solicit orders fo r the purchase or sale o f any o f
the securities o f the
P h ila d e lp h ia A R e a d in g R R . C o ,
on the Philadelphia or New York Stock Exchangee.
F. E. T row brid ge,
B AN K E R AND BROKER,
N o s, 3 A 5 B r o a d o r 2 9 W a l l S treets.
(B r a n c h Offic e , 290 B r o a d w a y .)
Member o f the New York Stock Exchange. Di
rector o f Merchants’ Exchange National Bank,
American Savings Bank, American Safe Deposit
Company, &o., Ac.
Securities bought and sold on commission, fo r
cash or on margin. AU Inquiries gratuitously res*
ponded to. Correspondence solicited.
JAMBS WHITBLY,
H . CRUGEH OAKLET,
Ma y n a r d C. E y r e ,
H e n r y H . D odg e , Washington, D. 0 .
W m . R . T r a v e r s , Special Partner.
Prince & W h itely,
No. 6 4 B R O A D W A Y , N E W
Sim on Borg & C o .,
N o. 17
N ASSAU
S T .,
NEW
YORK
DEALERS IN A L L KINDS OF
Railroad and Investment Securities.
S o u t h e r n S e c u b it ib
a
Sp e c ia l t y .
Chrystie & Janney,
BAN KERS,
N o s. 2 3 A
Buttrick & Elliman*
18
W ALL
STREET,
NEW
YORK.
CORRESPONDENCE INVITED.
YORK.
HRANOW
n in M J
j 539
180 Flltl1gt>
A 7Si>
New York.D. 0 .
BRANCH n
OFFICES
Washington,
Buy and sell on commission all olasses o f Railroad
Seenrities; also Grain and Provisions.
Private Telegraph wires to Philadelphia, W ilming
ton, Baltimore, Washington, Bridgeport, New Haven,
Boston and Pittsburg.
Specialists in R ailroad B onds.
BROKER.
Stock Exch. membership; private wire all facilities.
BROKERS,
Members o f the New Vork Stock Exchange.
Execute orders on commission fo r B o n d s , S t o c k s
and F o r e i g n E x c h a n g e .
D e a l e r s in fir s t -c la s s I n v e s t m e n t S e c u r it ie s ,
Particular attention given to investments fo r Cap
italists, Trust Funds and Institutions.
Lansdale Boardm an,
NEW Y O R K , 80 BBOADWAY A 5 NEW ST.
T R O Y , N . Y . , No. 17 FIRST,STREET.
AND
(M uxs B u il d in g ), 1 9 B R O A D S T . , N . Y .
J O S , n r , W O R K , C a sh ie r .
Shocks, Bonds and Miscellaneous Securities bought
“ id sold for cash or on margin.
P - W ig h t ,
j . B. Cb e ig h t o n .
a emb. N.Y. stock Exch.
A . B. Cl a f l l n , Speo’l
AND B R O K E R S ,
N o . 2 E x c h a n g e C o u rt, N e w Y o r k ,
A S A P . P O T T E R , P r e s id e n t.
~W. P. W ig h t & C o .,
B il l s o f E x c h a n g e D r a w n o n th e Ctt
R a n k , L im ite d , L o n d o n .
Circular Letters of Credit issued for
travelers’ use and Commercial Credl ■
opened lu Europe, A s ia , south Am erica
and the W est Indies.
C o u rt, N e w Y o r k ,
F loyd-Jones & R obison,
$ 4 0 0 ,0 0 0
$ 4 0 0 ,0 0 0
Accounts o f Bants, Bankers and Corporations
solicited.
Our facilities fo r COLLECTIONS are excellent
tod we re-discount fo r banks when balances war
rant it.
Boston Is a reserve city, and balances with us from
banks (not located in other reserve cities) count as a
reserve.
We draw our own exchange on London and the
Continent, and make Cable transfers and place
money by telegraph throughout the United States
andCanada.
Government Bonds bongbt and sold, and exchanges
InWashington made fo r banks without extra charge.
We have a market fo r prime first-class Investm ent
Securities, and Invite proposals from States, Conn*
ties and Cities, when issuing bonds.
We do a general banking business, and Invite correapondence.
Transacts a general banking business.
Receives accounts o f banks, bankers and corpora
tions upon favorable terms,
issues certificates o f deposit bearing Interest.
Makes loans upon approved merchandise.
Solicits mercantile and personal accounts.
N o , 31 N e w Street a n d N o . 1 E x c h a n g e
JL MACDONOUGH,
A. D. SHEPARD,
W. M. SMILLIE.
TOURO ROBERTSON.
THEO. H. FREELAND, Sect’y and Treat*
M ’f ’g C o .,
Broadway and Nineteenth Street,
S A F E T Y PAPERS*
ALBERT G. GOODALL, President
S IL V E R .
GORHAM
W ork Executed In F irep roof Buildings.
LITHOGRAPHIC AND TYPE PRINTING.
BAILW A V T IC K E T S OF IM PROVED S T Y L O ,
Show Cards, Labela, Calendars.
BLANK BOOKS O F EVERY DESCRIPTION
VICE-PRESIDENTS:
Produce Exchange Bank.
C A P IT A L , 8 1 ,0 0 0 ,0 0 0 .
NEW YORK.
SAFETY C O LO R S .
NO. 1,132
IPttattJCiaX.
A M E R IC A N
Bank Note Company,
UNITED STATES
2 5 N a ssa u S t., N e w Y o r k
Receive deposits subject to check at sight and
allow interest on balances.
Deal in Rail Road Bonds, State, County and Muni*
clpal Securities.
Give special attent
to consignments o f Bnlllo a
and make liberal advances on same when desired.
THE CHRONICLE.
ü
[Vol. XLiy,
gjrofcjtvs atxÄ $rawjcrs jof Jfütrjeigtx ^ c h a n g e .
D rexel, M organ & C o ., K idder, Peabody & C o .,
WALL STREET, CORNER OF BROAD,
;n e w
YORK.
Drexel, Hafrjes & Co
Drexel & Co.,
Dor. Of 5th ft Chestnut Sts. 31 Boulevard Haussai ann,
FOREIGN BANKERS,
DOME8HO AND FOREIGN BANKERS.
Messrs. BARING BROS. & CO., London
A ttorneys
a n d a g e n t s op
Brow n Brothers & C o .,
New Y ork,
Philadelphia,
Boston,
A L E X A N D E R B R O W N Ac SONS,
BALTIM ORE.
Members o f New York, Philadelphia and Baltimore
Stock Exchanges.
Execute orders for all Investment securities. Buy
and sell Bills o f Exchange on Great Britain and
Ireland, France, Germany, Belgium, Holland,
Switzerland, Norway, Denmark, Sweden,
Australia, St. Thomas, St. Croix and
British West Indies.
Iaan e C o m m e rc ia l A T r a v e le r s ’ C redits
IN STERLING,
Available In any part o f the world, In Fr a n c s for
use In Martinique and Guadeloupe, and in dollars for
use in this country, Canada, Mexico and W est Indies.
Make telegraphic transfers o f money between this
country, Europe and British and Danish W est In
dies. Make collections o f drafts drawn abroad on all
points In the United States and Canada, and o f
drafts drawn in the United States on foreign coun
tries.
Their London house, Messrs. BROW N, SHIPLEY
ft CO., receive accounts o f American banks, firms
and Individuals upon favorable terms.
J. & J. Stuart & C o .,
Ö3 N A S S A U
STREET.
BILLS OF EXCHANGE ON
S M IT H ,
P A Y N E
At S M I T H ’ S ,
C O M M E R C IA L
C a b l e T r a n s f e r s a n d B il l s o f E x c h a n g e
G r e a t B r it a in a n d t h e Co n t in e n t .
“ LIM ITED,”
ULSTER
B A N K IN G
COM PANY,
BELFAST. IRELAN D ;
AND ON THE
N A T IO N A L
BANK
EDINBURGH
OF
SCOTLAN D,
AND BRANCHES:
ALSO,
CABLE TRANSFERS AND LETTERS OF CREDIT.
J ohn M unroe & C o .,
BANKERS,
N o . 1 2 P in e Street,
ISSUE TRAVELERS’ CREDITS, available In all
parts o f the W orld, through
M e s s r s . N. HI. Rothschild Sc Sona, London.
“
“
do Rothschild Bros., Paris.
M . A . de Rothschild f t Sons, Frank,
tort os.ni.
S. flk de Rothschild, Esq., Vienna.
N o.
Paym ents
m ads by
Ca b l e .
P a r is H o u s e —M U N R O E At CO.
Schulz & R uckgaber,
BANKERS,
28 W IL L IA M S T R E E T , N E W Y O R K
CORRESPONDENTS OP THB
I n te r n a tio n a l B a n k o f L o n d o n
( L im it e d ), L o n d o n .
M e s s r s . J o h n K eren berg , G o s s le r Sc C o ,
H am bu rg.
M e s s r s . M a r e u a r d , K r a u s s At C o ., P a r is
BANKERS
AND
4 4 W a l l S t. a n d 6 2 G reen e S t.
N .Y .
Buy and sell on commission, for investment or on
margin, all securities dealt In at the New York Stock
Bxonanga,
Su r p l u s , $1,600,000.
1« EXCHANGE PLACE, N EW YO R K
BUY AND SELL STERLING EXCHANGE, CABLE
TRANSFERS, ETC,
rSSUES COMMERCIAL CREDITS. A V A IL A B L E
IN A L L P A R TS OF TH B W ORLD.
BU Y AND D R A W BILLS OF EXCHANGE,
M AKE CABLE TRANSFERS, ISSUE TRAVEL.
BBS’ CREDITS.
ISSUE COMMERCIAL CREDITS, AVAILABLE
IN A L L P A R T S OF TH E W ORLD, ON
Messrs. C. J. Hambro & Son. London.
g a u fe je r s a n d
ñ xn & zxs.
J. C . W a lcott & Co.,
N o . 2 4 P in e S treet, N e w Y o r k .
BANKERS AND BROKERS,
A ct as Agents fo r Banks, Bankers and Railroad
Companies.
Issue commercial credits, also foreign and domestic
travelers’ letters o f credit in pounds sterling ft dollars.
O ffer I n v e s tm e n t S ecu rities.
Bay and sell bonds, stocks and securities In all Am
erican, Canadian, British and Dutch markets on com
mission. Collect dividends, coupons and foreign and
Inland Drafts.
Sell Bills o f Exchange on
M E L V I L L E , E V A N S As C O ., 1 T n N I ) n .
C . J . H A M B R O At S O N ,
JLO N D O N .
M A R C U A B D , K R A U S S At C O . , l p . H rH
H O T T I N f t U E R f t C O .,
1P A R I S .
John
Paton &
C o .,
SUCCESSORS TO
JESUP, P A T O N & CO.,
52
W illia m
BRITISH LINEN CO. BANK, LONDON
SCOTLAND.
AND
G eo . Co p p e l l .
T h o s . Ma it l a n d .
G e r a l d L. H o y t , Member N. Y. Stock Exch.
M aitland, Phelps & C o .,
B
A
N
K E
AND
COMMISSION
22
Ac 2 4
R
S
MERCHANTS,
E x c h a n g e P la c e ,
New Y ork.
BILLS OF EXCHANGE, LETTERS OF CREDIT,
TELEGRAPH IC TRANSFERS OF MONEY ON
LONDON, PA RIS, MEXICO, CUBA, & c„ &e.
KOUNTZE
Transact a General Banking Business
Stocks and Bonds bought and sold on Commlaslos.
Orders received in Mining Stocks, and In Unllstsi
Securities. Collections made and loans negotiated.
Dividends and interest collected.
Deposits received subject to Draft.
Interest allowed. Investment securities a specialty.
W e Issue a Financial Report weekly.
J o s. C. W a l c o tt ,
l Members o f the New Yoik
Fr a n k F. D ic k in s o n , j
Btock Exchange.
C ahoone & W escott,
1 8 W a l l S treet, N e w Y o r k ,
Execute Orders in all Securities Listed on
NEW YORK STOCK EXCHANGE.
Special Attention given to
S treet, N e w Y o r k .
Accounts and A gency o f Banks, Corporations,
firms and Individuals received upon favorable terms.
Dividends and Interest collected and remitted.
A ct as agents for corporations in paying coupons
and dividends; also as transfer agents.
Bonds, stocks and securities bought and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought and
sold.
DRAW ON
TH E UNION BAN K OF LONDON,
BR OTH ER S,
BANKERS,
Government & other Investment Bonds
Correspondence Solicited
W illiam T . Meredith,
48
W A L L
S T R E E T ,
(Bank o f New York Building).
Bonds and Stocks bought and sold at the Ns*
York Stock Exchange.
BONDS AND INVESTMENT SECURITIES FOB
___________ SALE___________________ __ _
L. C. L a t h r o p . Osc a r B. Sm it h ,
j.h
.Oliphant .
Lathrop, Smith & Oliphant,
BANKERS AND BROKERS,
3 7 BROAD S T ,, NEW Y O R K ,
6 P A C I F I C A V E ., C H IC A G O .
Members New York Stock Exchange, New York
Cotton Exchange, and Board o f Trade Chicago.
Simons & C hew ,
STOCK B R O K E R S ,
2 Exchange Court Sc 5 2 Broadway, N. Y.
Stocks, Bonds and United States Government
Securities Bought and Sold on Commission.
j a s . D. Sim on s ,
B e v e r l y Chew.
Member N. Y. Stock Exchange.
Member N. Y . Produce Exchange.
1 2 0 B r o a d w a y , E q u ita b le B uilding, N e w Y o r k
J. H. GOADBY & ALEX. LAIRD,
AGENTS,
NEW YORK,
BANKERS.
NO. 63 WILLIAM STREET,
BANKERS.
Canadian B a n k o f Commerce.
Ca p i t a l , t«,ooo,ooo.
FOREION
J. K ennedy T o d & C o .,
BROKERS,
Members o f the New York Stock Exchange.
D e a l e r s in F oreig n Ex c h a n g e , Go v er n m en t
a n d o t h e r I n v estm en t B onds .
STERLING LOANS A SPECIALTY.
Cor. Exchange Place,
BANKERS,
BROAD STREET,
N ew Y o r k .
On SELIGMAN BROTHERS. London.
SELIGMAN FRERES ft CIS, Paris.
SELIGMAN ft STETTHEIMER, Frankfort.
ALSBEKG, GOLDBERG ft CO., Amsterdam.
A LTM AN ft 8TETTHEIM EB, Berlin,
Payable In any part o f Europe, Asia, A frica, Aus
tralia and America.
Draw Bills o f Exchange and make Telegraphlo
Transfers o f Money on Europe and California.
J. K e n n e d y T od .
A l e x a n d e r B a r in g .
H . O. N orthoote .
Member N .Y . Stock E xch’ge
Commercial and Travelers’ Credits.
Bills o f Exchange.
Cable Transfers.
U nger, Smithers & C o .,
23
Issne Letters of Credit for Travelers
Abroad against Cash or Satisfactory
Guaranty o f Re-payment.
opened an d
W ILLIAM BROCKIE, President.
W H AR TO N BAR K E R , Vice-President
H EN RY M. H OYT, J r ., Treasurer.
aentETH ELB E RT WATTS', Secretary
Board o f Directors—William Brockle, George s '
Pepper, Morton McMicbael, Wharton Barker. Henrr
C. Gibson, T. W istar Brown, William Potter.
1
Advisory Committee o f Stockholders.—George M
Troutman, Gustavus English, Isaac H . Clothier*
W illiam Pepper, M. D „ Thomas Dolan, John G*
Reading, Joseph B. Gillingham, John Wanamaker
Henry E. Smith, Charles B. W right, Henry Lewis’
Cratge Llpplncott,Hamilton Disston, Clayton French’
Francis Rawle.
Heidelbach,
Ickelheimer & Co.,
J . & W . Seligman & C o.
29 W IL L IA M ST R E E T ,
N o . 4 P o s t Office S q u a re , B o s to n .
Issue Circular Letters o f Credit for Travelers’ Use
Cr x d it s
Fall paid. .
Buys and sells Bills o f Exchange, drawing m
Baring Bros, ft Co., London, also on Paris *n«
Berlin.
A cts as Financial Agent In the negotiating an«
marketing o f Securities. Deals in Bonds—CorDm^.
tion, Railroad, State, Municipal, ftc. Executes order,
on commission In Bonds, Stocks, ftc. Collects interest
and dividends. Receives money on deposit, allow
ing interest. A s desirable Investments offer win
issue Its Debenture Bonds, secured by Its capital an«
-------assets.
AND THEIR CORRESPONDENTS.
Draw Bills o f Exchange on, and make Cable Transfers to, England, France and Germany.____________
N o . 3 2 N aseau S treet, N e w Y o r k .
E x c h a n g e o n L o n d o n , P a r is , B e r lin
a n d Z u r ic h .
on
A ugust Belm ont & C o .,
At C O U N T Y B A N K ,
MANCHESTER, PA Y A B L E IN LONDON j
C R E D IT S .
C ir c u la r C red it* fo r T r a v e le r * .
BANKERS, LONDON,
M AN CH ESTER
STREET.
Capital, 2 2 .0 0 0 ,0 0 0
ATTORNEYS AND AGENTS OF
Deposits received subject to Draft. Securities
bought and sold on commission. Interest allowed on
Deposits. Foreign Exchange. Commercial Credits.
Cable Transfers.
Circular Letters fo r Travelers,
available in all parts o f the world.
M e s s r s . J . 8 . M O R G A N Ac C O .,
No. 22 OLD BROAD STREET, LONDON.
I N V E S T M E N T CO .
o f Philadelphia.
1 Nassau Street, New »York,
118 Devonshire Street, Boston. 3 1 0 C H E S T N U T
P A R IS .
P H 11. A D E L P H I A ¡
THE
L E T T E R S OP C R E D IT AN D
C IR C U L A R NO TES
Issued fo r the use o f travelers in all parts o f the
world. Bills drawn on the Union Bank o f London.
Telegraphlo transfers made to London and to various
daces in the United States. Deposits received sob
eot to check at sight, and interest allowed on bal
ances. Government and other bonds and Investment
securities bought and sold oe ommUslon.’
Í
Stew art B row n ’ s Sons,
STO CK
BROKERS,
6 4 B r o a d w a y 4c 1 9 N * w S « .t N e w Y o r k ’
Ma r c h
5, 1887.]
™
iCHKOJVICLE.
IBauîmrs
H. L. H orton
& C o .,
T aintor & H o lt,
34 an d 5 6 B K O A D W A Y , N e w Y o r k .
BARTHOLOMEW HOUSE, |,1'n i, nftB
BARTHOLOMEW LANEj $ LONDON.
G eo. K . Sistare’s Sons,
B AN KERS,
N o . 11 W a l l S t., Cop. N e w , N e w Y o r k .
16 * 1 * B r o a d S tree t, N e w Y o r k .
1 2 1 S o u tk T h ir d S tree t, P h il a d e l p h ia .
S pecial A t t e n t io n G i r e ^ t o A m e r ic a n
Connected by Private W ire with mala office. New
S e c u r it ie s ,
DEP o I i t ^ a GKNERAL BANKING business,
DEALERS IN
isc’ icit Acconnts and Orders fo r the Purchase and b a b i e s
8
WMl M E R E S T allowed on
Sale of Bonds, Shares, Ac., Ac., on Commission, in
PIRST-CL iASS iarvESTM Earrs.
New fork, Boston, Chicago, London or Paris,
, S S i ? s S S m a B n '' “ ■ " " < » “
-« I
Interest allowed on deposits subject to drafts at
Private telegraph wires to Providence and Boston
sight.
QHO „ w n T ™
Members o f the New York and Boston Stook E x GILES B. TAINTO R.
____________G. D . L ’H U ILIBR.
• H * H 0LT*
changes and o f the New York and Chicago Produce
« . . M l . , » o r a .. . b , m .n or tolegraig
Exchanges.
F.C.H9LLINS. E . h . E mb r so h , i . h .W a q q S 5
Private wires to Chicago, St. Paul, Bosten, H art
ford, Buffalo and Utica.
Alexander Campbell & C o/
bankers an d brokers
H. B. H ollins & C o .,
,
Frank C . H ollins & C o .,
BANKERS AND BROKERS,
17 NASSAU S T R E E T , N E W
ban kers,
18 W A L L a n d 3 N A S S A U S T R E E T S ,
NEW YORK.
* Ma lc olm Ca m p b e l l . Member o f
T ransact a G e n e r a l B a n k in g B u s in e s s .
n.
YORK.
Y. stock Bxoh.
d eale rs i n g o v e r n m e n t , m u n i c i p a l a n d
G ilm an, Son & C o .,
R A ILR O A D SECURITIES.
DEMAND DEPOSIT ACCOUNTS RECEIVED
INTEREST ALLOW ED ON D A IL Y BALANCES*
B A N K E R S ,'
E. L. O ppenheim & C o .,
N o.
62
CEDAR
Members N. Y. Stook Exchange.
11
W ALL
[2 4 g _ C L A R K
b r o k e r
ind f^nrxÎ.0n 40 * General Bankln* Business, Buy
m d Sell Government Bonds and Investment Becuri-
W‘ M i S S K T ^ t o e k ExchangeTABD P* A ™ ° -
AND
Dealer in Miscellaneous Secur
BANKER AND BROKER.
» 8 Years’ Membership in the N.Y. Stock Exchange.)
INVESTMENT SEC U R ITIES.
BANKER
16 A
We make a specialty o f the buying, selling and
piecing of first mortgage bonds o f railroads, water
»oiks, gas works and other first-class corporations.
We solicit correspondence.
Fred. H . Smith,
AND
Member o f the New York Stock Exchange.
Ä J E 3 S Ä S . Ä « I W o o d , Huestis & “ C o.
31 PINE STREET, NEW YORK
John H . Davis & C o .,
B A N K E R S AND
BROKERS.
SUCCESSORS TO
BANKERS AND BROKERS,
W ALL
WOOD A
S T ., N E W Y O R K .
Exchanges?1 8tocks and Bonds executed at all I r ^ Ä Ä
Especial attention given to supplying high-class 'I OKOKG
No. 2 0 B R O A D S T ., N E W Y O R K .
experience in Railroad Bonds. Par
° r 8eU Unourrent Bonds wit
IN V E S T M E N T SECU R IT IE S .
w
t .
N os. 1 6 Sc 1 8 B r o a d S treet, N e w Y o r k .
,
Ci
Townsend & Washburn
BANKERS A N D B R O K E R S,
I JAMES T CLOSSON.
JOh F B. DUMONT
H um an Cl a r k , Special Partner.
B A N K E R S ,
N o .
18
W A L L
S T R E E T ,
N ew Y o rk .
tot caa/or*on°mu8.-P° nght' &nd 8old on Commission
Ä . ? i tentl1n ifiven to Unlisted Securities
Posits received subject to Check at SlSht
Correspondence Solicited.
*
the purchase and sale
cash or on margin.
Gorham, T urner & C o .,
A . M. K id d e r . W a y l a n b T r a s k . H .
'W . G. fllL I .
Closson & D u m on t,
. . muibwvu a vruhoittl .
BANKERS AND BROKERS,
N o . 4 0 W a l l S treet, N e w Y o r k .
B u y a n d S ell I n v e s t m e n t S ec u rities.
BANKERS
and
brokers,
tolls B u ild in g , 3 5 W a l l s t . , N e w Y o r k
Chas. W. T u r n e r ,
Member N. Y. Stook Exeh
JJWWG. Go r h a m .
----- — Noble.
h h
«
t p
»A N K E R S ,
fpon L?bpr1.<ifni!orpora,fcions “ Rd Individuals received
C^ s i o n . T e m s - Securities Bought ¡ E d l o l d on
Acco
j.
M o rse .
J B o o d ti.
A lc îie ifa tt
C o .*
B A N K E R S ,
. * 5 5 ! ‘S : A - BE° ™ -
Ralston H . Brown & Bros
3 8 Broadway, eor. Exchange Place, N. Y .
Branch Office, 8 4 1 L a Salle S t., Chicago.
I S
S
b
h
S
N EW Y O R K
Hamilton & Bishop,
® r ° K B R 8,
r
a? d 8? le o f stocks and bonds*
J . L. R obertson,
[BOMB AMD STO CK B R O K E R ,
Dealer in Investment Securities,
N » 7 NASSAU STREET,
(Continental National Bank Building,)
________________ N e w Y o r k .
R olston & Bass,
Correspondence solicited.
„
Quotations cheerfully furnished.
9 M <
BANKERS,
N I T E D B A N K B U IL D I N G ,
W a l l s tr e e t, c o rn e r B r o a d w a y .
X ew
Ster-u S ,P|uÄaToe r0. ^ Ä ’Tr<>y’.^ e ^ e ; STOCKS, BONDS té COMMERCIAL PAPER.
A ll stocks and securities dealt in at the New Y ork
Stock Exchange bought and sold on commission, fo r
cash or on margin. Deposits received and interest
allowed on balances.
No. 20 BROAD STREET, NEW YORK
STOCK S, BONDS,
A N D M IS C E L L A N E O U S S E C U R I T I E S
« « . 3 0 NASSAU S T R E E T ,
W°- 35
1^ Î LitüAD FrasT M o r t o a g b B o n d s .
OOP. C .H .H U B ST IS. l . m . a w i u
BANKERS AND BROKERS,
8.'w
I M®“ ibefs Consolidated Stock and
------ > Petroleum Exchange. New York.
Y ork.
DAVIS
' k ä e f F8o r ® * Uated*
at 010 New
R . J . K im ball & C o .,
A W r i n a S ! 41 LOtS°r otherwlse
N ew
®
N o. 1 4 W a l l s tr e e t, N e w Y o r k citw .
S O U T H E R N S E C U R IT IE S
A SPECIALTY.
BROKER,
18 B R O A D ST., N E W Y O R K .
N o. 10
BANKER & BROKER,
S tr e e t,
Joh n B. M anning,
»»W vassa: so s st
C . J . T urner,
B U I L D I N G ,)
burn
“ 11 are lnvlted to oall
Personal attention given
v i s iM K N T o V on M A N G m Ci l i KXiChan‘ re’ .,o r IN*
M s te *
& Schwarz,
Ä e V N Tv - ° S l ä c h a ^ SINÖ ° * W a s h
JNO. P. T ow n skn d . Special Partner.
35 W A L L STREET.
Rooms 35 A 96.
BAwlK«
io n f AND B R O K E R S ,
N o . 3 0 P in e S treet, N e w Y o r k
Branch Oppice , 01 L e o n a r d St r e e t .
Edward L. Oppenheim. ____________W alter Dei Mar,
8. M. Roberts .
P a u l Sc h w a r z .
W a ll
eg,
D ickinson & A ilin g ,
51 &53 New Street and 42 Broadway
No. 6
S T R E E T . C H IC A G O , I L L .
MILLS BUILDING (3d Floor,)
BANKERS AND BROKERS,
(R I E L S
YORK,
A . D utenhofer,
STREET,
LESTABLISHED 1602],
Roberts
STREET, NEW
AND
8tocks and Bonds bought and sold on commission
_t New York Stock Exchange. A d v a n «»x S h d lo n
busmes» paper and ether eeenrities,
m M e 0D
[ Member N.*Y. S tockE xch ’ge. W * A lig z ‘ BA88’ Jr-
Albert
Pearce,
1 6 Sc 1 8 B R O A D S T .,
BROKER
in
all
k in d s
of
in v e s t m e n t
RONDS, MISCELLANEOUS SECURITIES
AND DEFAULTED BONDS.
CORRESPONDENCE SOLICITED
THB CHRONICLE.
IT
[VOL.
special jmyestmetttg.
«anaciati an« Ymretfltt gaafeg awfl Eanhets.
Bank o f M ontreal.
9 1 » , 0 0 0 , 0 0 0 G o ld .
- $ 6 ,0 0 0 ,0 0 0 G o ld .
C A P IT A L , - SU RPLU S, - -
Blake, Boissevain & C o .,
Negotiate Railway, State and City loans.
Execute orders fo r Bonds, Shares, etc., on Com
NEW YORK OFFICE:
«9
&
61
W ALL
SUCCESSORS TO
LONDON, EN G LAN D .
O. F. 8MITHER 8, President.
w. J. BUCHANAN, General Manager.
N O *.
STREET,
mission, and transact a general Banking and
Commission Business.
Special attention given to the execution o f
orders fo r Securities on the New York, L o n
don and Amsterdam Exchanges, In corres
pondence with
WALTER WATSON, ) AgPT-.t*.
A l e x ’r La n g ,
>
BLAKE
BROTHERS
&
CO.,
A D O L P H BO ISSEVAIN & CO
L o n d o n Office. N o . 2 2 A b c D n r c D L a n e .
Am aterdam . H o lla n d .________
*
THE
C A P I T A L (p a id u p ), - - ^ ¡ ¡ ¡ ¡ » ¡ ¡ ¡ ¡ ¡ J
SURPLUS, - - - - - - $ 5 0 0 ,0 0 0
H. 8 H OW LAN D, Pres’t. D. R . W ILK IE , Cashier.
B E A R O F F IC E , TO RO N TO .
R ailw ay Share Trust C o.
N o. 4
BRAN
BU IL D IN G S
IN n o r t h w e s t .
*^ p ^ roved Canadîân business paper discounted at
theS îead Office on reasonable terms, and proceeds
î ï t t Æ
S A M U E L N . J A R V I S , P rea’ t.
E D W I N E . W I L S O N , l e t Vlce-PresH.
H E N R Y P . M O R G A N , 2 d V lce-P res’ t,
LONDON, ENGLAND,
C a p ita l P a id
- m
d
Sterling Exchange.
U p , « 9 1 1 ,8 6 0
S te rlin g
This Company undertakes the business o f Trustee
to Loans o f approved Railways, negotiates and
issues Loans on the London Market, acts as Agent for
M erch an ts’ Bank
Railways and other Corporations, either In the mat
E.OF CANADA.
Capital, ■ • ■ $5,799,200 Paid Up.
.. ........................................... $1,500,000
ter o f payments o f Interest on Loans, Dividends on
R O L A N D R . C O N K L IN , Sec’ y.
W M . F . S H E L L E Y , Treae’ r.
G E O . W . M c C R A R Y , Counsel.
This Company offers for] sale at par and
accrued intere st its
SIX P E R CENT DEBENTURES,
payable half-yearly at the office of TH 3 MER
CANTILE TRUST CO., NEW YORK. These
Debentures run for Ten years, hut with the
option of redemption at the end of Five yean.
They are direct obligations of the Company,
and are further secured by an equal amount of
Real Estate Mortgages on improved and pro
ductive Real Estate worth from three to five
times the amount of,the mortgages, held by THB
MERCANTILE TRUST CO., whioh under spectal
Articles of Agreement acts as Trustee for the
holders of the Debentures. They are issued In
denominations of $500, $1,000 and $5,000
These Debentures are a very desirable class
of investments for Estates and Trust Fundsand for individuals and corporations desiring
an exceedingly safe investment, with a com,
paratively high rate of interest.
Write for further information and reference
to our office at Kansas City, Mo., or to
or Registration o f Stocks ln London, or otherwise.
Cable Address—PATT, L o u d o n .
1|PfM v 1 o ^ A K n t WROBERT’ ANDERSON, Esq.
HEAD
O F F IC E , M O N T R E A L .
GEORGE HAGU E, General Manager.
W N ANDERSON, Assistant Gen’l Manager.
Tr‘
BAN KERS:
LO N D O N . E N G —T h e C lydesdale Bank (Limited.)
vnw v o U K —T bo Bank o f Now York, N. B. A .
The New York Agency buys and sells Sterling B xchange Cable Transfers. Issues credits available In
all Dart's o f the w orld; makes collections in Canada
a n f elsewhere and Issues d ra m payable at any o f
the offioes o f the bank In Canada. Every descrip
tion o f foreign banking business undertaken.
M ew Y o r k A g e n c y , N o . 6 1 W a l l Street.
FoHNB.HARMfe.JE.. ] * * « * * •
a g e n c y
B
o f
t h e
a n k
OF
B ritish N orth A
N o. 52
W ALL
merica ,
STREET.
Hnv and sell Sterling Exchange and Cable Transj ara ^ i anno demand drafts on Scotland and Ireland,
on C ^ r B r n i s h Columbia and San Francisco.
N O T E » issue^i,“^ ou n d s8 teH m g
«juillet, Uop»“ i
^Bitfs ^collected and other banking business transMt0d-
D. A . McTAVTSH, ) A^ent.
H . STIKEMAN,
i -agenw
H einem ann & C o .,
62 Gresham House, E. C.,
A n g lo - Californian Bank
D
(LIMITED).
L O N D O N , Head Offloe, 3 Angel Court.
SAN F R A N C IS C O Offloe, 422 Califorala St.
META V O B R A g e n ts , J. & W. Seligman A Co.
B O S T O N Correspond’ts, Massachusetts N. Bh.
A u th orized C apital, P a id -u p C apital, - Reserve F u n d , - - -
- $6 , 0 0 0 ,0 0 0
- 1 ,5 0 0 ,0 0 0
- - 4 0 0 ,0 0 0
Transact a general banking business. Issue Com
mercial credits and Bills o f fficchange, available in all
partsi ooli the world. Collections and orders for Bonds,
executed upon the m ost favorable terms
Stock«, -
i HE j ’K If•LOW.
p . » , LILENTLAL, Cashier;
i Managers.
IGN a T Z 8TK IN H A R T,)
G eo. H . Prentiss & Co.,
NO. 4 9 W A L L S T ., N E W Y O R K ,
AND
Solicit accounts and agencies o f Banks, Railways
Corporations, Firms and Individuals upon
favorable term s; also orders fo r the pur
chase and sale o f Bonds, Shares, Ac., Ac. on
the Stock Exchange.
Interest allowed on Deposits, subject to 60-days
sight drafts, at Bank o f England rate, and
one per cent below that rate subject to
demand drafts.
Negotiate Railway, State and City Loans.______
Bank o f Australasia,
» 0 8 M O N T A G U E S T ., B R O O K L Y N .
GAS STOCKS
AND
gas
C O R P O R A T IO N .
Paid-up Capital............................................... *A 5oo ooo
Reserve fo r E quall^tlon o f Dividends. . . .
500.000
Reserve Liability o f Proprietors................ 7,500,000
The Corporation grant Drafts, issue Letters o f
Creult fo r use o f Travelers, and negotiate or collect
Bids payable at Bombay, Calcutta, Singapore,
Saiiron Manil% Hong Kong, Foochow, A m oy,
Ningpo, Shanghai, Hankow, Yokohama, H iogo, San
Francisco and London.
•
* . M. TOW NSEND, Agent. 4 7 W illiam St
JOHN H O W A R D L A T H A M , F R E D E R IC K
W . PBRRY
Member o f N. Y . Stock Exchange.
T. H . Latham & C o .,
UNITED BANK BUILDING,
N o. 2 W A L L S T R E E T , N E W Y O R K
City, County, Stete, Railroad,District o f Columbia
Bonds and Foreign Exchange, and all Securities
listed at N. Y . Stock Exchange.
,
a n d add k in d s of
BROOKLYN
SECURITIES
DEALT
4 Tbreadneedle St., L o n d o n , England
Paid-up Capital, - - - - - - £1,600,000
Reserve Fund, - - - - - - _
Letters o f Credit and Drafts issued on a n y o f the
numerous branches o f the Bank throughout Aus
tralia and New Zealand.
Bills negotiated or sent fo r collection.
Telegraphic transfers made.
Deposits received In London at Interest fo r fixed
periods, or fo r transfer to the colonies on terms
w tjich may he ascertained on application.
w
1
PR IDKAU X SELBY. Secretary.
s e c u r it ie s
Street Railroad Stocks and Bondi
(Incorporated by Royal Charter, 1835.)
B A N K IN G
t h e
R O L A N D R . C O N K L IN , Secretary,
E q u ita b le B u ild in g , N .Y City.
J O H N M . S H R I G L E Y , Manager,
4 1 1 W a l n u t S t., P h ilad elp h ia.
M O R G A N & B R E N N A N , Manager«,
2 7 C u sto m H o u s e S treet,
P r o v i d e n c e , R . I.
LONDON.
H on g K o n g & Shanghai
F O R E IG N .
$ 1 , 000,000
OFFICERS :
’ Y on geS t.
W innipeg.
_
„
Brandon.
Agents ln London :
Agents ln New York :
Lloyd’s. Barnett’s & B os- b a n k of M o n t r e a l ,
^ o rn p te ^ a tte n tlo n paid to coUectlons payable ln
' C
R ANK
C IT Y , MO.
C a p ita l P a id U p
(LIM ITE D ).
ftœsr;
In gersou .
KANSAS
D
Im perial Bank o f Canada
BRANCHES IN ONTARIO.
HsjexCentxe.
« S
Jarvis, C on klin & Co.,
18 W a ll Street, N ew Y o r k ,
2 8 State Street« B o sto n , M ass,
Buy and Sell Sterling Exchange, Francs and Cable
Transfers; grant Commercial and Travelers’ Credits
available In any part o f the W orld ; lssne draft» <».
and make Collections In. Chicago and throughout the
Dominion o f Canada.
Su.
Jarvis-C onklin
M ortgage Trust C o.,
F O R E IG N .
CANADIAN.
XLIV.
bee
gas
q u o t a t io n s
IN .
in
t h is
papm
.
G eo . H . PRENTISS. W . D. PRENTISS. W .W . WAIF»
L . F . ODNET J»
Member N.Y.Stock Exch.
Investment Securities
bought
and
sold .
W ANTED:
Elizabeth City, New Jersey, Bonds and Scrip.
Southern Central lsts.
, , __
Middletown Unionville & W ater Gap 5s.
Indianapolis & Vincennes lsts and ssds.i
Scioto Valley Bonds, all issues.
A L B E R T E . H A C H F IE L D »
N o. 5 h Pine Street*
Columbus Hocking Valley & Toledo.
Toiede & Ohio Central.
K anaw ha & Ohio.
East Tennessee V a. di Georgia.
American Speaking Telephone.
Southern Telegraph.
BOUGHT AND SODD BY
T. S. Stanton,
1 « a n d . 18 I B R O A D
STREBT*
March
5, 1887.]
THE CHRONICLE.
ffin anxtal.
I f arm U tortgagcs.
W E OFFER FOR SALE
First Mortgage 6 Per Cent Gold Bonds
07 THE
E Q U IT A B L E
M ° r t g age C o m p a n y
C A P IT A L
$ 6 0 0 ,0 0 0 .
10 W A L L
D E B E N T U R E S
T O T A L IS S U E , $ 5 ,0 0 0 ,0 0 0 .
P.
AND
GUARANTEED FARM MORTGAGES
OFFICES:
]
REFERENCES:
New York. 208 Broadway. First Nat. Bk., New York
S 2 ff0? ’ ,al F o^ § tBoston Nat. Bk.. Boston.
Philadelphia,112!S.4th St. 7th Nat. Bk,Philadelphia
Kansas City, 7th& Del.Sts.lAm. Nat. Bk.,Kansas City
For rates of Interest and full Information
send for pamphlet.
Farm M ortgages
In Sums o f $100 and Upwards on In
diana and Ohio Lands.
NOTHING SAFER. A L W A Y S PROM PTLY PA ID
SEND FOR PA M PH LE T.
JO S. A . M O O R E ,
8 4 E a s t M a r k e t S t,, I n d i a n a p o lis ,I n
6%
Texas & Pacific RR. Income and Land
Grant Scrip.
New Orleans Pacific RR. Land Grant
Bonds.
7%
8%
,nT
crlcai1 Investment Company, o f Emmetsburg, Iowa, with a p a ld -u p capital o f $ 6 0 0 ,0 0 0 , surplus $ 7 5 ,0 0 0 , offers first Mortgage
Loans drawing seven per cent, both Prlnclpaland
Interest fu lly Guaranteed. Also 0 per cent 10year Debenture Bonds,seaur-ad by 105 per cent o f first
SJortgaK?
held in trust by the Mercantile
Trust Co., N. Y . Five per cent certificates o f
deposit for periods under one year. Write for full
Information and inferences to the company at 1 5 6
Nassau St., n. Y .
A
T O B E Y
K I R K ,
4 AND 6 B R O A D ST R E E T ,
NEW
YORK.
Real Estate Mortgages on City
and Farm Property, worth two
to four times amounts o f mort
gages, I n t e r e s t 6 p e r c e n t to
7 p e r ce n t, principal and Inter
est absolutely guaranteed. Se
curities fo r guaranty held by the
American Loan & Trust Com
MINNEAPOLIS. pany, o f Boston, Mass.
Paid-Up Capital, Send fo r circulars to
NORTHWESTERN
GUARANTY
LOAN CO.,
$2 0 0 ,0 0 0 .
Authoriz’d Capital
First Mortgage 6 Per Cent Gold Bonds
($ 1 2 ,0 0 0 PER MILE),*
$2,0 0 0 ,0 0 0 .
NEUER & CARPENTER,
Bankers, Troy, N. Y .
Eastern Managers fo r Conmany
INVEST t h r ,o i ^| h a tphe: s o u n d
and
JACKSON VILLE TAMPA & KEY WEST WESTERN FARM MORTGAGE CO.,
„ „ „
LA W R E N C E , K A N .
RAILWAY COMPANY.
F. M- P e r k in s , P rest.
L . H. P e r k in s , Sec.
Issue limited to $1,660,000. Principal due 1914.
interest parable in New York January and July.
Completed Feb. 22, 1886. Standard gauge. Steel
rails. First-class equipment.
This road forms a part o f the through line from
Wew Vork to Tamna, Florida, over which the Cuban
mall is now carried. W e recommend these bonds as
secured by a large and rapidly increasing through
ana local business. Price, par and accrued Interest,
r&mphlets and copies o f mortgage furnished.
R.
A.
L A N C A S T E R Sc CO .
1 0 W a l l Street.
W E O F F E R FOR SALE
A LIMITED AMOUNT OP
First Mortgage 6 Per Cent Gold Bonds
07 THE
ROM E
A
DECATUR
RR.
Principal payable 1928. Interest June and Decemter at American Loan & Trust Co., Trustee,
issued at the rate o f $15,000 per mile.
,railroad , uns through the richest mineral and
agricultural portions o f the States o f Georgia and
Alabama, and forms a direct Western outlet for
roads centering at Home, including the East Ten
nessee Virginia & Georgia and Georgia Central roads.
Paid Up Capital,
.
.
.
.
6 2 5 0 ,0 0 0
The choicest First Mortgage Farm Loans, also the
Company's Ten Tear Debentures, based upon its
aid up capital and assets o f over $650,000. No losses.
ileven years’ experience, with absolute satisfaction
to over 1,500 Investors. Send fo r circulars, form s and
full Information, Branch offices in N. Y. City and
Albany. New York Office 187 Broadway.
C. C. MINE & SON. Agents.
g
Im p o r ta n t N o tic e .
VO HOLDERS OF KANSAS ^ at . ESTATB
MORTGAGES:
•and$0 BODGES A KNOX, TOPEKA, KANSAS,
k Flee Pamphlet containing the compiled J
~ relating to Beal Estate Mortgages.
*special 'Quv&stmmts.
T h e Investors’ A g en cy ,
2 3 4 L a S alle S t., C h ic a g o , I I I .,
M. L. SCUDDER, Jr., Proprietor,)
GROVESTEEN & F E L L ,
ANSW ERS INQUIRIES CONCERNING
66 E x c h a n g e P la c e , N e w Y o r k ,
American Stocks and Securities
BANKERS AND BROKERS.
Trust Co.’s Stocks.
A L L OF TH E
Large Library o f Railroad Documents.
Competent Experts.
Confidential Reports,
Moderate Charges.
E.
S. B
Mew Y o rk
BOUGHT AND SOLD BYJ
W M . C. NOYES,
96
ailey
,
P IN E S T R E E T ,
DEALINGS IN
AND
B rook lyn Companies’^
I N S U R A N C E
A
STOCKS
S P E C IA L T Y .
I [Cash paid at once fo r the above securities s or they
will be sold on commission at seller’s option.
B roadw a r
Bee my quotations o f Trust and Telegraph Stocks
m Daily Indicator and Saturday’s Evening Pott.
Staten Island Securities
R . T . W ilson & C o .,
A SP E C IA L T Y .
Gas, Railroad & Amusement Co. Stocks
BANKERS a n d c o m m is s io n m e r c h a n t ,
H E x c h a n g e C o u rt N e w Y o r k .
66 | B r o a d w a y , R o o m 8 .
H ir a m D e w in g . Cl a r k D e w in g . F .T . Bo n tec ou .
(Member o f N. Y. Stock Exoh.)
H . D ew in g & Son,
B A N K E R S AND B R O K E R S ,
N o . 1 8 W a l l S tree t, N e w Y o r k .
D ouglas & Jones,
7 2 Broadway,
GEO. B . R IP L E Y ,
1 3 New Street.
(Members o f the N. T . Stock Exchange.)
Buy and sell Stocks and Bonds fo r cash or on mar
gin. Interest allowed on deposits. Correspondence
solicited.
JOHN F. DOUGLAS,
O f the late firm o f Lawson, Douglas A Co.
W IL L A R D H . j ¿NEST
Late o f W.S.Lawson & Co., Member N.Y Stock Exoh.
H . L . Grant,
N o.
145
B R O A D W A Y ,
N EW YO RK .
CITY RAILROAD STOCKS & BONDS
A . L . ORM S B Y ,
________Vice-President and General Manager.
Defaulted Railroad Bonds.
and Dakota at 7 and 8 per cent per annum.
Stocks and Bonds Bought and Sold on Commission
Particular attention given to Information regard
ing Investment securities.
Iowa Loan A Trust Co. 6 per cent Debentures
NEW YORK.
Mahoning Coal Co. Stock.
STREET, NEW YO R K .
Loans made on Bond and Mortgage In Minnesota
DUE 1936.
MERCANTILE TRUST CO., TRUSTEE.
W . G A L L A U D E T A CO.,
W a ll St., Cor. B road w ay,
D . M id d leton ,
INVESTMENT SECURITIES,
Poughkeepsie Bridge C o
This great bridge Is now beiDg built under
contract by the Union Bridge Co., of New York,
who have agreed to have it finished and open
for traffic Jan. 1,1888.
The bridge will be used as a connecting link
by the P e n n s y l v a n i a and e r i e Rail
roads on the West with the B O S T O N ¿c
L O W E L L system and the N E W Y O R K &
N E W E N G L A N D Railroad on the East.
For maps, pamphlets and information apply to
^ A.
(Late of Mid d l e t o n & Co., Exchange Place, N. Y.)
BOUGHT AND SOLD.
See Quotations o f City Railroads In this paper.
W . H . G oadby & C o .,
BANKERS AND BROKERS,
N o.
24 B R O A D
S T R E E T ,
N ew Y « m .
W alsh & F loyd,
S T O C K
B R O K E R S ,
No. 26 BROAD STREET, NEW YORK.
Ja m e s W . W a l s h , J b „
N icoll F l o y d , J r
Member N. Y. Stock B zeham e.
H ow ard Lapsley & C o .,
BANKERS AND BROKERS,
74 B R O A D W A Y and 9 N E W S T R E E T ,
N ew Y o r k .
Jfimttfcial ©Drapantes.
F ID E L IT Y A
CA SU A LTY CO.
Nos. 214 A 210 B R O A D W A Y , NEW YORK.
Cash Capital, $250,000, invested In U. S. Gov’t Bonds.
$200,000 deposited with the N. Y. Ins. D e p t, far
the protection o f Policy-holders.
Assets, January 1st, 1887, $578,105.
Officials o f Banks, Railroads and Express Compa
nies, Managers,Secretaries, and Clerks o f Publlo Com
panies, Institutions and Commercial firms, can obtain
BONDS O F S U R E T Y S H IP
from this Company at moderate charges.
The bonds o f this Company are accepted by the
courts o f the various States
CASU ALTY D E P A R T M E N T .
Policies Issued against accidents causing death or
totally disabling injuries.
Full Information as to details, rates, Ao., can be
obtained at head office, or o f Company’s Agents.
W m . M. R ic h a r d s , Prest. J ohn M. Cr a n e , Seo’y.
R o b ’t J. H il l a s , Ass’t Secretary.
DIRECTORS:
G. G. Williams, David Dows,
W . G. Low,
J.S.T. Stranahan, A . S. Barnes,
Charles Dennis.
A . B. Hnii,
H . A. Hurlbnt,
A lex. Mitchell,
.L . Biker,
J. D. Vennilve, 8. B. Chittenden.
Geo. S. Coe.
Wm. M. Richards,
Bonds of*Suretyship.
NO OTHER BUSINESS.
The Guarantee Co*
OF NORTH
A M E R IC A ,
Cash Capital.........................................................$800,000
Assets and Resources .... ................................... 830,000
Deposit with Insurance D epartm ent............. 240,000
President:
Vice-President:
Si b a l e x . T. Ga l t ,
H o n . j a s . F u r r ie r .
Managing D irector: E d w a r d R a w l in g s .
N EW YO RK OFFICE:
NO. I l l
BROADW AY.
D. J . TOMPKINS, Secretary.
NSW Y o r k D ire cto rs —Joseph w. D r e x e l,A .L .
Hopkins, H . V ictor Newcomp, John Paton. Daniel
Torrance. Edw. F. W inslow, Braatus Wlman. F. P.
Oloott and J. E. Pulsford.
THE CHRONICLE,
TÍ
N ew Y o rk C h icago & St.
4fe
C onsolidated Gold
Mining Co.
Capital Stock,
-
-
# 5 ,0 0 0 ,0 0 0
100,000 Shares of $50 Each.
F O U R T H ANNUAL, R E P O R T .
18S6.
Gold Bullion produced by the
mines Of this Company for the
year 1 8 8 6 .................................... $626,978 40
Operating Expanses........................ 283,760 16
Profit.................
$343,218 24
Surplus on hand January 1,1886..
43,081 45
Total............................................. $386,299 69
Twelve m on th ly D iv id e n d s w ere
p a id , a g g re g a tin g ......................... 300,000 00
Surplus January 1 ,1 8 8 7 ..........
$36,299 69
The following has been added to construction
account, and paid for out of the surplus:
Surplus..................................... $86,299 69
Land purchased............$4,615 40
New Tall Race. ..........
604 40
$5,219 80
H and........ 81,079 89
--------------- $86,299 69
The cash on hand, $81,079 89, Is a c tu a l
s u r p lu s , the Company having no indebted
ness whatever.
S u r p l u s Jan. 1, ’87.$81,079 89
S u r p l u s Jan. 1, ’ 86. 43,081 25
Cash
on
Increase.................$37,998 64
The cost of pioduction was as follows;
Per Ton.
Mining......................................................... $2 13
M illing.......................
39
Sftvifig and reducing Sulphurets.............
17
General expenses—Office, Taxes and
Prospecting!...«.......................................
11
Total average cost, including all ex
penses ................................................ $2 80
In view of the growth of the mine and the
large masses of ore in sight, the management
determined to increase the producing capacity,
and to add forty stamps to the Pacific Mill.
Accordingly, in November, the necessary con
tracts were made and are now being executed.
It is expected that the new stamps will be
ready to drop before May 1 next. This will
give us a total of 160 stamps.
The following is a statement of all the receipts
and expenditures of this company from its
organization, June 1,1883, to January 1, 1887»
a period of three years and seven months.
June 1,1883.—Cash on hand at
time of organization of this
Company.............................
$153,319 80
G o ld
B u l l io n p r o d u c e d
M in i » a s F o l l o w s :
by
the
To Jan. 1,1886.. $2,441.216 29
For the year ’86.
626,978 40
--------------- 3,068,194 69
Total re c e ip ts .........................$3,221,514 49
D is b u r s e m e n t s :
Operating E x ....$1,144,669 82
Construot’n since
June 1,1 » 8 3 ... 170.764 78
Thirty-one Divd’s 1,825/100 00
------------------ 3,104,434 60
CASB[ ON H and j;an. 1, 1887...
$81,079 89
Iptiatitial.
ffitm ucial.______
f i n a n c i a ! » ________________
PLYM OUTH
[Voi* XUV,
H enry S. Ives & C o .,
BANKERS,
Louis R ailw ay C o.
No.
( N I C K E L P L A T E .)
25
NASSAU
S T ., N E W
YORK,
P. O. BOX 1,422.
The Purchasing Committee, under agreement o f
Feb. 4,1887, fo r the reorganization o f the New York
Chicago & St. Louis Railway Company, H EREBY
GIVES NOTICE that security holders (who have not
already assented), to avail themselves o f any bene
fits under said agreement, must present their bond
certificates at the Central Trust Company o f New
York for stamping, deposit their bonds with said
trust company, and pay the stock assessments and
have the stock certificates properly stamped by said
trust company,
Transact a general banking business. Including the
purchase and sale o f securities listed at the New
York Stock Exchange, or In the open market.
R eceive deposits subject to check at sight and
allow Interest on daily balances.
Government, State, County, City and Railroad
bonds constantly on hand fo r sale or exchange, and
particular attention given to the subject o f invest
ments fo r institutions and trust funds.
W anted.
ON OR BEFORE MARCH 10, 1387.
A fter the 10th Inst, bond certificates, bond and
stock, will only be stamped and received under the
agreement upon payment o f $11 per share on stock
and 1 per cent o f the fa ce value on bonds and bond
certificates.
F. P . O LC O T T ,
KANSAS AND NEBRASKA CITY AND
COUNT! BONDS.
B R A D S T R E E T & CURTIS,
C h a ir m a n .
P
& READING R A IL R O A D
R
PA N Y AND A F F IL IA T E D COMPANIES.
e o r g a n iz a t io n
p h ia
of
the
Tonawanda Talley & Cuba Railroad.
Bondholders who have signed the Committee’s
agreement, as well as other holders o f the Com
pany’s securities, are requested to make their de
posits with TH E METROPOLITAN TRUST COM
PA N Y on or before the 16th day o f March. 1887.
Copies o f the Trust Agreement can be obtained at
the office o f ED W AR D L. ANDREW S, Esq., 68
Broadway. The Committee reserve the right to
withdraw this notice at their option.
W A L T E R S. JOHNSTON,
SUMNER R . STONE,
OLIVER S. CARTER,
Committee.
OF
CALL
OF
35 Pine Street,
COM
Creditors and shareholders who have not yet depo
sited their securities under the Reorganization plan,
will be permitted to deuoslt them until WEDNES
D A Y. MARCH 16, 1887, by the payment o f a PEN
A L T Y OF ONE PE R CENT upon the par value o f
the securities, and thereafter will be further per
mitted to deposit them until TH U RSDAY, MARCH
81,1887, by the payment of a similar PE N A LTY OF
TW O PE R CENT.
The General Mortgage Bonds are to be deposited
with Messrs. D R E XE L * CO. and all other secur
ities with Messrs. BROWN, BROTHERS & CO.
JOHN B. GA R RE TT,
Chairman Reconstruction Trustees.
Deposits will be received in New York o f General
Mortgage Bonds by Messrs. DREXEL, MORGAN &
CO., and other securities by Messrs. BROWN
BROTHERS & CO.
N O T IC E
RANKERS,
h il a d e l
B O N D S .—
-Lv Notice is hereby given to the holders o f Fund
ing bonds o f Wade Township, Jasper County, HI.,
numbered from 1 to 47 Inclusive, dated July 2,1877,
due July 2,1897, and payable after ten years from
date, bearing eight per cent interest: The Town of
W ade having so elected, all of •said bonds and
accrued Interest thereon will be paid at the Ameri
can Exchange National Rank in the city o f New
York, State o f New York, pn the 5th pay o f Septem
ber. 1887. and that Interest on all Of said bonds will
stop on said day.
S. R. P A R K E R ,
A tte s t:
Supervisor o f the Town Of ‘ Wad e.
N EW YORK.
F F IC E S
TO
O
LET
AT
NO .
47
Broadway, in large and small suites, and at
low rents. Modern first-class office building, steam
heat, elevator, etc. Steam-heat and Janitor’s serv
ices included in re n t; also basement office in same
building, fronting on Broadway, well lighted.
JOHN F. DOYLE,
45 William Street.
_________ glotjel g,________
Fifth A ven u e
HOTEL,
Madison Square,
N EW YORK,
The Largest, Best Appointed and Most Liberally
Managed H otel in the City, with the Most Central
and Delightful Location.
_
__, _ _
HITCHCOCK. DARLING & CO.
Bible H otel,
AM STERD AM , HOLLAND,
Beautifully situated In the centre o f the city, clos
to the Railway Station and the Exchange.
First
rate cooking. Excellent wines. Moderate prices.
W . P. W ER K E R , Manager.
M assasoit
House,
S P R IN G F IE L D , M ASS.
TH E BEST APPOINTED HOUSE IN WESTERN
NEW ENGLAND.
Convenient fo r the tourist or business man. Near
Union Depot.
W . H . CHAPIN.
N e i l F i s h e r , Clerk._______________________
Nickel Plate Car Trusts,
Cincinnati Yan Wert & Michigan Bonds,
Pittsburg Bradford & Buffalo Bonds,
Pittsburg & Western 6s,
BOUGHT AND SOLD,
W . B R E Y T O Y W E L L IN G ,
9 0 B roadw ay.
2 W a l l Street,
%nXtxzstt giwidjettjfls, Set,
ATORTHERN
-lx
P A C IF IC R A IL R O A D
COMPANY. — T r e a s u r e r ' s o f f ic e , N o . 17
B r o a d St ., N e w Y o r k , F ebru ary 25,1887.
Coupons o f the Pena d ’Oreille Division bonds o f
this company, due March 1,1887, will be paid upon
presentation at this office on and alter that date.
R OBERT LENOX BELK NAP,
Treasurer.
28 N a s s a u St .. N e w Y o r k , March 2 , 1887.
IVTOTICE is HEREBY Gl[VEN THAT
1’
the transfer tujoks o f the Cincinnati Indian
apolis St. Louis & Chicago Railway Company will be
closed on the 18th inst. and be reopened on the 1st
day o f April next, to prepare fo r the issue o f $3,000,000 o f new capital st< >ek, pursuant to resolution o f
the Board o f Directors passed at a meeting duly held
on .the 21st day o f February last.
By order or the President.
MORTON, BLISS & CO., Transfer Agents.
G a s , I n s u r a n c e . B a n k s , C it y R a i l r o a d s ,
«fcc. Send fo r list published on Mondays.
J . P . W I N T U I G U A M , 3 6 F in e S t . ,N .Y .,
Member Consolidated Stock &'Petroleum Exchange.
Member N. Y. Produce Exchange.
ffit ta w jc ia l.
J ohn G. M oor e .
W . K. K it c h e n ,
g
. B. Sch ley
M oore & Schley,
BANKERS AND BROKERS,
26 B R O A D S T R E E T , N E W Y O R K »
B r a n c h o f f ic e s :
78 W all St., N. Y .
114 Sol Third SU Phila.
Connected with
I. A. E v a n s & Co ., Boston,
_ „
Corso n & Ma c a r t n e y , Washington, D.C.
E. L. B r e w st e r & Co., Chicago.'
H u b b a r d & f a r m e r , Hartford.
Private W ire Connections.
Buy and sell Stocks, Bonds and Miscellaneous
Securities on New York Exchanges; also Grain and
Provisions on Chicago Board o f Trade,
Spencer
Trask & C o .,
BANKERS & BROKERS,
16 and 18 Broad Street, N. V.
Albany, N. Y.
Providence, R. I.
Saratoga.
Transact a General Banking Business,
Direct Private Wires to each office and to
PHILADELPHIA.
BOSTON,
WORCESTER,
HUNT’S
MERCHANTS’
^
W tifc lg
M AGAZINE,
fjk w ÿ p a p r r ,
REPRESENTING THE IN D U STR IA L A N D COMMERCIAL INTERESTS OF THE UNITED STATES.
YOL. 44
SATURDAY, MARCH 5, 1887.
C O N T E N T 8
Week Ending Feb. 26.
THE CHRONICLE.
Clearing-House Returns......... 2«5 Financial Review of February 293
New Y ork ..............
The Financial Situation.......... 28tf
Debt Statement for February,
The Legal and the Praotioal
1887........................................ 295 Sale« of—
View of Boycotting:................287 United States Treasury State
(Stock»... .»hare».)
The Pennsylvania’s Progress.. 288
ment................................
295
(.Cotton....bales.)
Chioago & Northwestern Com
Railroad Earnings.....................296
(G rain .. .bushels)
pany’s Current Operations.. 2^9 Commercial and Miscellaneous
( Petroleum..bbU.)
Illinois Central R e p o r t.......... 291
N ew s........................................ 293
Cotton Consumption and Over
B o sto n ..................
land Movement to March 1.. 292
ife e
© h r o w ic k .
is published in
New York every Saturday morning.
Thb C o m m e r c ia l
and
F in a n c ia l C h r o n ic l e
(Entered at the Post OIBoe, New York, N.Y., as second class mall matter.J
Terms o f Subscription—Payable in Advance:
Providence............
H artford................
New H aven...........
Portland................
W orcester...........
Springfield.............
L o w e ll..................
CHRONICLE.
william B dana ? W I L L I A M
H . D A N A & C o ., P u b l i s h e r s ,
John G p l o v d
l
* 8 1 W i l l i a m S t r e e t , NfcTW Y O R K .
"
i
CLEARING
P o s t O f f ic e B o x 9 58 .
HOUSE RETURNS.
Continued inactivity in the speculative markets is apparent
in the volume of clearings from week to week. This is true
of the week ended February 26, but the total of exchanges
was further reduced by the occurrence of a holiday (Wash
ington’s Birthday), the figur?s in our statement embracing
only five business days. Of course no true comparison can
be made between the returns for the week under review and
those for the previous week in consequence of the different
number of days included, but adjusting the figures it would
seem that New York records a decline, while the aggregate for
the other clearing houses exhibits an increase. Through
inquiries we have made, we find that ever since the middle of
last September the official figures as reported by the Indianap
olis Clearing House have been misleading, the gains which
have been reported since that time having been in great part
due to the fact that the basis of the figures was changed; in
other words both sides of the account were included in the
current returns, while those for the similar period of the pre
vious year (which covered only one side of the account) were
not adjusted to correspond. This has now been remedied.
Compared with the corresponding period of 1886 there is
this week a loss at New York of 13'2 per cent, but in the
whole country the decline reaches only 4*2 per cent, while
outside of New York the excess reaches 17 per cent. The
gains are especially heavy at Kansas City, St. Joseph, Omaha,
Memphis and St. Paul.
Share transactions on the New York Stock Exchange for
th? five days have reached a market value of $68,871,000,
Against $101,007,000 for the corresponding time a year ago.
Making our usual deduction of two and a half times these
values from the New York totals, the exchanges of other
origin exhibit an increase of 1*7 per cent.
1887.
$495,390,806
1886.
Per Cent.
$570,399,480
—13-2
(1,392,733)
(834,700)
(33,643,500;
(35,190.000;
(1,692,435) (-17-7)
(606,300 (-4 4 8 )
(19,501,020 (+ 72 5
(48.736,000) (-2 7 8 )
$71,659,728
4,211,100
1,518,083
970,560
585,551
705,122
806,868
477,081
$07,279,057
3,373,300
1,430,118
851,148
821,809
665,382
652,218
435,026
Week Ending Feb. 19.
1887.
P ercent
$637,961,508
-0 -7
(1,540,198 (-36-6)
(267,700 (-60-2)
(40,016,000 (+114-6)
(26,448,000; (-71-2)
+6-5
+24'8
+62
+14-0
—287
+60
+23-7
+9-7
$82,436,596
4,723,400
1,724,705
1,041,917
848,300
791.160
782,698
527,281
+7-7
+11-6
+3-7
+7-6
+13-7
+6-3
+29
+8-8
Total N. England
$80,934,093
$75,508,068
+ 7 ‘2
$92,876,057
+7-8
Philadelphia.........
Pittsburg...............
Baltimore.............
$51,928,955
8,101,899
12,432,643
$45,314,394
7,078,084
10,510,808
+81‘2
+14-5
+18*3
$57,734,9 4
8,754,170
11,812,88.-
40-2
+19-6
—8-8
$75,463,407
$62,902,786
■+20-0
$78,301,462
+0-5
Detroit...................
Indianapolis..........
Cleveland..............
Columbus..............
Peoria.....................
Omaha...................
Minneapolis..........
Denver..................
St. Paul ..............
Grand Rapids.......
$12,751,757
10,105,050
3,230,480
2,934, fc88
1,324,877
2,624,403
1,697,495
822,115
1,987,048
2,167,228
3,415,109
2,808,506
406,054
$30,004,372 +18-7
7,821,800 + 2 9 2
2,838,928 +14*0
2,740,060
-t6'9
972,011 + 86 2
1,970,187 +8S-2
1,014,030
+ 5 ’2
681,888 +20-6
1,804,082 + 52 3
2,066,942
+ 4 ’8
2,505,909 +30-3
1,960,156 +43-3
336,390 +20-7
$48,197,946
11,881,750
3,454,042
3,512,580
1,242,182
3,114,075
1,644,181
965,305
2,250,738
2,728,442
3,505,154
3.456,693
390,624
+82-0
+35-1
+19-6
+19-1
+ 153
+65*8
+10-1
+53-3
+63-9
+ 83‘7
+15-8
+60*5
—1-0
For One Year (Including postage)........................................»10 20
ForSix Months
do
............... .............
6 10
European Subscription (including postage).........l i 28
Total M id d le....
Annual subscription in London (including postage)........ £ 2 7s,
Chioago................
SlxMos.
do
do
do
........ £ 1 8s.
These prices include the I n v e s t o r s ’ S u p p l e m e n t , issued once in two Cincinnati.............
months, and furnished without extra charge to subscribers of the Milwaukee............
A neat file cover is furnished at 50 cents; postage on the same is 18
coots. Volumes bound for subscribers at SI 00.
Subscriptions will be continued until definitely ordered stopped. The
publishers cannot be responsible for remittances unless made by Drafts
or Post Office Money Orders.
NO. 1,132.
Total W estern ...
$76,274,960
$62,819,055
-t-21'4
$86,349,716
+26-9
St L onls................
St. Joseph............
New Orleans..........
Louisville..............
Kansas City..........
M em phis..............
Galveston..............
N orfolk..................
$15,070,944
1,035,185
7,726,338
4,272,275
6,774,666
2,376,385
939,771
788,389
$12,880,520
661,892
7,747,230
3,456,710
4,081,171
1,651,763
1,038,318
652,610
+17-0
+50-4
-0 -3
+28-0
+66 0
+439
-9 5
+20-8
$15,918,848
1,104,678
9,210,070
5,319,886
7,862,677
2,321,294
930,969
877,880
+16-2
+37-3
+2-4
430-4
4871
+43-9
—25-5
+1-8
Total Southern..
$36,983,953
$32,170,209
+21-2
$43,606,867
422*7
San Franoisoo....... %$10,938,347
$8,045,514
+36-0
$10,848,561
—10-6
$949,944,171
$311,982,603
+11-5
T otal a ll.............
$777,985,656
$811,845,102
—4-2
Outside New York
$282,591,850
$241,445,622
+17-0
+1-4
The returns of exchanges as received by telegraph for the
five days ended this (Friday) evening, are quite favorable.
The aggregate is the heaviest since the opening week of Janu
ary, and in comparison with the corresponding period of 1886
exhibits an increase of 9 per cent, in which all the cities par
ticipate. Outside of New York the gain reaches 18 per cent.
Five Dave Unding March4.
1887.
1886.
P er Cent.
5
D’y» FiniVoFeb. 25.
1887.
Percent.
New Y ork ..............
Saleso f Stock (she.)
B oston...................
Philadelphia.........
Baltimore...........
Chioago..................
St. L ouis................
New Orleans........
$591,601,448
(1,381,236)
77,351,470
01,358,720
11,970,097
49,735.000
14,530,859
8,187,203
$563,755,124
+ 4'9
(1,943,360) (—28-9)
68,208,150 +13-4
54,016,372 +13-«
10,204,732 +17-3
42,293,000 +17-0
13,174,980 +10-3
6,031,153 +85-7
$392,520,106
(1,041,834;
58,433.755
45,397,556
9,932 976
85,076,000
12,623.017
6,087,860
-1 7 -4
(—18-5)
44-6
+21-9
418-5
+19-1
+19-8
-4 -6
T o t a l....» ........
Balance, Country*
$814,794,912
71.824,485
$757,678,511
56,041,930
42o-2
4 7 ‘5
$560.060,770
74,943,581
+10-1
+24-9
$886,619,397 1813,720,441
$294,957,9491 ~$249^965,8Í7
+9-0
"This-ö
$635,004,851
$242,484,245
+16-T
T otal all...........
Outside New York
Estimated on the basis o í the last weekly retaras.
-T O
THE CHRONICLE.
286
THÈ FINANCIAL SITUATION.
The tendency of the money market is still upward
though the changes making from week to week are not
very material. On call, as represented by bankers’ bah
ances, the average has been about 4 per cent with the
extremes 7 and 2 per cent, though neither extreme was fairly
quotable. For call money at the banks the rate has been
4-£@5| per cent. The demand is good for loans at sixty
and ninety days and four months on stock collateral at 5
@ 6 per cent. In the commercial paper market the
demand from city banks continues light, mainly in consequence of the inquiry from their regular customers. From
out of town there is a fair demand for paper, the Eastern
banks now being pretty well supplied with funds. There
is also a very good assortment of names offering from
which to choose and we quote 60@90 day endorsed bills
receivable 5@5£ per cent, commission house names having
four months to run 5@6 per cent, and good single names
maturing in June and August 6@7 per cent.
Our banks have continued to lose money by shipments
to the West, though they have gained a little this week
through the operations of the Treasury. The demand from
St. Louis and Chicago is still active, business being reported
good both in the West and in the South. Last year the
movement of money to the interior in February and
March was less free than it now is, but the banks lost
by the JTreasury operations about 12 millions gold and
currency in the same two months. During coming weeks»
so far as the Treasury operations are concerned, the Trade
dollar bill, which became a law on Thursday by the
omission of the President to veto it within the ten
days, ought to benefit the money market to the
extent those dollars exist. The bill, as passed, author*
izesrand directs that for six months they shall be received
11 at the office of the Treasurer or any Assistant Treasurer
tt of the United States in exchange for standard dollars.’’
Of course, as rapidly as the exchange can be made, they
will now be paid in, and the standard silver dollars
received will at once be turned into silver certificates, and
then the certificates will go into the Custom House or be
sent West instead of other kinds of currency, so that the
drain^on the banks will to the extent of the Trade dollar
supply be in this way satisfied. How many of these
dollars are there in the country ? The Mint bureau says
there are only about 7 millions. W e have given our
reasons for believing there are more.
The cable reports discounts of 60-day to three months
bank bills in London at 3 per cent and the open market
rate at Berlin 2-£ per cent and at Paris 2 f per cent. A ll
the Continental bourses remain without material change,
though still very sensitive on every warlike rumor. The
truth is, as we stated on the occasion of the semi-panic dur
ing the first few days of February, there has been for some
time quite an eager speculation at all Continental monetary
centres, though by no means so reckless as in 1881, which
has put them in a position to be easily affected by every
appearance of a coming disturbance. The panic checked
the speculation, leaving the markets dull, and present
indications point to greater quietness for a time at least.
By special cable to us we learn that the gain this week in
bullion by the Bank of England, which is reported at
£204,000, was made up by an import chiefly from
France of £156,000 and by receipts from the interior of
Great Britain of £81,000 and by an export wholly to
Denmark of £33,000. A notable fact is that the propor
tion of reserve to liabilities which last week was reported
at 51£ per cent, is now reported at 46-08 per cent.
[VOL.
XLIV
Our foreign exchange market has been variable thiq
week. On Monday the rates were reduced to 4 85£ for
long and 4 88£ for short, and the reason then assigned was
the pressure of maturing sight bills that were bought
about sixty days ago when long, and which had been held
uqtil this time. The offering of these drafts tended to
weaken the tone of the market, and that again induced
holders of commercial bills to sell. But the supply seemed
to be gradually absorbed as the tone slowly improved, so
that on Thursday the market was quoted firm, although
without any change in the nominal rates either on that
day or yesterday. The operations of the arbitrage houses
during the week have been of very little influence.
The first positive effect of the Inter-State Commerce bill
has shown itself this week. Hitherto it has been talk and
opinion that we have had, but now there is evidence
of action, and in the action taken the roads are very
properly showing less boldness and more caution than in
the opinions expressed. The Pennsylvania Railroad Com
pany for instance has issued a notice to all shippers of all
classes of property and to every connecting line that tariffs
and special rates now m effect will be withdrawn on or
before April 5th, and that new tariffs, made in accordance
with the requirements of -the Inter-State law, will be sub
stituted. We see also that the Boston & Lowell has issued
a somewhat similar notice though less decided, advising its
patrons not to make contracts based on any special rate or
rates beyond April 1, referring particularly to the rates
heretofore given “ to increase the manufacturing indus.
“ tries along the line of its road.” These are mere illus
trations of the course all conservative companies must we
think for at least the time being adopt. W e have
received this week from General Alexander a circular
taking exception to Mr. Albert Fink’s interpretation of the
fourth section of the law. Mr. Alexander seems to hold very
much the same opinion we expressed in our article last
week, that although as his book shows the rates in force
are wholly “ just and reasonable” it will not do on that
account to act as if the fourth section had been omitted
altogether. There was an evident purpose in putting that
section in, and for the railroads to assume that it means
nothing, would be a risky procedure. W e notice Mr.
Alexander proposes that each company should apply to
the Commission at once to be permitted to come under
the proviso (the last clause of the fourth section) sus
pending the operations of the law in special cases.
And this suggestion shows the great importance to our
industries of the appointments which the President is
about to make, and the qualifications the commissioners
should possess.
W e presume they have all been
selected by this time, but we cannot help saying that
if the majority of the board are lawyers of good
repute whose opinions will carry weight with them
and be readily acquiesced in, much embarassment may be
avoided.
This seems especially important when we re
member how vague the law really is— so vague that
Senator Wilson gave an interpretation of the fourth sec
tion, which Senator Cullom, one of the fathers of the bill»
over and over again in his speech proclaimed was not its
intent, purpose or meaning.
The railroads are not so
much interested in this as our commerce is ; for the rail
roads must do the carrying business of the country, and
will get fair rates for doing it. But the serious question is
whether in adjusting their tariffs to the law, such violent
changes must be made in the methods, which have grown
up under business needs and years of practice, that confu
sion will result, or whether this statutory law will be at
once accommodated to the laws of trade, as it will have
to be in the end, if not by interpretation by amendment-
M à BCH
THE CHRONICLE.
5, 1887.]
287
The Reading Railroad, after just about a year of labor
Week ending March 4,1887.
Into Banka. Out of Banka. N et Change in
by the syndicate that took its affairs in charge, is by this
Batik Holdinga.
1737.000
week’s announcement assured of a reorganization which Banks' Interior Movement, as above
*2,030,000 L oss.. $1,303,000
Snb-Treas. operations........................
7.600,000
7,500,000 Gain..
100,000
will put its property and securities in a safe and health
Total gold and legal ten d ers....
*8.387,000
$9,530,000 Loss. .$1,203,000
ful condition.
Those words almost sound out of place
when applied to such a case as Reading, which once
the week. This, as stated above, represents £123,000
before (just about four years ago), when stood upon its
received from abroad and £81,000 from the interior
legs seemed like Humpty-Dumpty beyond the reach of
of Great Britain. The Bank of France lost 3,625,000
doctors, for it only took fifteen months for it to
francs gold and gained 1,125,000 francs silver, and the
tumble over again. But our readers do not need to be
Bank of Germany since the last report increased 8,900,
told that the present scheme was started and has been
000 marks. The following indicates the total amount of
carried through under very different auspices. “ Business
bullion in the principal European banks this week and
principles,” and not a lucky combination of circumstances,
at the corresponding date last year.
were the basis of the plan conceived by Messrs. Morgan
Mar. 3, 1887.
Mar. 4, 1886.
& Co. in February, 1886, while a “ fair return to the
capital invested ” was the purpose sought. In these par
Gold.
Silver.
Gold.
Silver.
ticulars no change has since been made. Additional
&
&
A
A
. . . . 23,280,711
capital and trustees were admitted to the syndicate in Bank of England
22,668,73*4
Bank of Franoe .... . . . . 48,797,717 45,897,706 48,465,549 43,784,626
September last, but the fixed charges under the supple Bank of Germany............ 19,941,780 17,684,220
18,545,230 16,445,770
mentary agreement were made less instead of more. Now Total this w eek. . . . . . . . . .
92,020,208 63,581,926 89,679,511 60,230,396
it is announced that out of a total of $122,891,506 of Total previous week . . . . 91,724,666 63,327,725 89,315,779 60,266,558
stock and securities requested to be deposited, $109,252,646
The Assay Office paid $215,842 for domestic bullion
had been deposited on the first of March, and hence the through the Sub-Treasury during the week, and the As»
success of the scheme is assured. No one will question sistant Treasurer received the following from the Custom
the great difficulty of the undertaking— the bringing up House.
out of insolvency of such an involved wreck, with so many
Consisting of—
diverse interests to settle and satisfy; and that it has been Date.
Duties.
U.
8.
Gold
Silver Cer
Gold.
done and the scheme carried through almost in letter
Notes.
Oertiflc’s.
tificates.
and spirit as originally outlined, shows not only the force Feb. 25.
8388,533 15
$ 2,000
$59,000
$287,000
$38,000
“ 26.
317,108 94
2,000
52.000
in the original combination, but also the wisdom and
229.000
34.000
“ 28.
283,991 22
2,000
63.000
192.000
29.000
judiciousness of the plan then devised.
Mar. 1.
543,269 00
5.000
47.000
456.000
34.000
"
2.
733,641 13
After a slight hesitancy early in the week, caused by
2.000
109,000
556.000
66.000
“
3.
640,912 18
8,000
83.000
502.000
47,000
fears that an extra session of Congress might be necessary
Total. $2.905,455 62
$ 21,000 $413,000 $ 2,222,000
$248,000
to pass the appropriation bills, the stock market resumed
Included in the above payments were 3,000 in silver
its upward tendency, and has on the whole been quite
coin,
chiefly standard dollars.
firm since then, though a little weakness developed yester
day afternoon. There have also been some special circum
stances contributing to improve the tone. The complete sue. THE LEGAL AND THE PRACTICAL VIEW OF
cess of the Reading reorganization plan naturally inspired
BOYCOTTING.
confidence, and so did the success of the Nickel Plate
The decisions of the Supreme Court of Connecticut and
scheme. In addition, the adjournment of Congrsss removes of the United States Circuit Court, made public at the
a disturbing factor of no little importance. Besides this, close of last week, and the letter of Mr. Hewitt to the
rates in the Northwest, which had become temporarily de. Young Men’s Democratic Club of Brooklyn, written
ranged pending a determination of the changes made neces about the same time, are wholesome reading j ust now, as
sary by the Inter State law, were quietly restored, which, of they define sharply the limit marking one man’s liberty and
course, tended to help all the stocks of roads in that sec another man’s rights. It is strange that any considerable
tion, while almost everywhere railroad earnings continue number of people should get b¿fogged over so simple a
good and general business active.
subject.
The misunderstanding would never have
The following statement, made up from returns col reached the proportions it has, were it not that poli
lected by us, shows the week’s receipts and shipments of ticians have been doing their best to encourage it, both
gold and currency by the New York banks.
parties to an extent cultivating the deception, working it
Week ending March 4,1887.
Currency...............
Gold.................
Total gold and legal tenders......
Received by Shipped by
N. T. Batikt. B. F. Batike.
*727,000
$727,000
Net Interior
Movement.
Loss.. $1,103,000
Loss..
200,000
*2,030,000
Loss..$l,303,000
The above shows the actual change in the bank holdmgs of gold and currency caused by this movement to and
from the interior. In addition to that movement the banks
have gained about $100,000 through the operations of the
Sub-Treasury. Adding that item to the above, we have
the following, which should indicate the total loss to
the New York Clearing House banks of gold and cur
rency for the week covered by the bank statement to be
issued to day. It is always to be remembered, however,
that the bank statement is a statement of averages for the
week whereas the figures below should reflect the actual
change in the condition of the banks as between Friday
of last week and Friday of this week.
either in their own or to the discomfiture of their
opponents’ interests.
It seems to be so obvious as scarcely to need assertion
that it is a man’s right to get work wherever he can, to
acc pt what wages he chooses, to be free to leave one
situation and take another, to manage his business (if he
has any) without interference or injury from any person.
These have always been such glaring fundamental truths,
that no one until very recently would have thought it
needful or even excusable to assert them ; and yet here in
the current events of one week we have three conspicuous
announcements with reference to this subject. First in
their order came the letter of Mayor H ew itt__
acknowledged to be as able a man as his party
contains and always
supposed to
be a model
in his treatment of labor, being a very extensive
employer. He says in a letter written to the Democratic
Club that within the last five years a secret organization
288
THE CHRONICLE.
[Vol. XLIV.
has sprung into power which seeks to enslave labor^ business, or to dictate the terms upon which their business
refusing to permit any person to earn a living who is not shall be conducted by threats of injury or loss by inter
affiliated with it, coercing its members into blind obedi ference with their property or traffic, &c., are illegal com
ence, while those that remain outside are hunted down binations, and all acts done in furtherance of such inten
from shop to Bhop and denied employment under the tions and accompanied by damage are actionable.
*This seems to be broad and full. But the most signifi
penalty of stopping all work if it is given to them. This
he very properly calls tyranny; and is there any consider* cant part of the decision is probably the sentence which
able body of men that would have called it by any other states that “ the acts mentioned are not only illegal, renname a few years ago ? Mr. Hewitt adds (a fact which we “ dering the defendants liable in damages, but also tnisdeall know) that people holding very high official positions “ meanors at common law as well as by section 168 of the
have coquetted with this new and dangerous element in “ Penal C ode” of New Y ork State. That is to say, the
politics, and even obtained office by submitting to the power to enforce the right which every individual pos
humiliation of an apparent endorsement of these false sesses, to labor where and when he will, and to conduct
and dangerous doctrines. This he protests against, and his business without let or hindrance, and to enjoy his
he calls upon his party to disown and condemn all organi property free from loss or interference from others, is a
zations which seek to place the individual under any other heritage of the great unwritten law, those immemorial
customs whereof the memory of man runneth not to the
control than that of law.
This ¡point cannot be too clearly or widely
Next after Mr. Hewitt’s letter appeared the decision of contrary.
Its statement brings out the more forcibly
the Supreme Court of Connecticut in the case of certain understood.
persons called walking delegates, who had undertaken the nature of the offence and the kind of “ tyranny,” as
some time back to enforce a boycott against a New Haven Mr. Hewitt very properly calls it, which is being attempt
newspaper for refusing to discharge certain compositors- ed, and which he and all good citizens with him, think
This case is an illustration of the accuracy of Mr. Hewitt’s should be confronted and denounced.
Yet no one need fear that the enforcement of these
remark, and is only one of a very large class, the same in
ideas
will abridge in the least any legitimate attempt of
principle, extending through almost every trade in the
country. W e should call it an effort of labor not to labor to secure higher wages or to better its condition.
benefit, but to harm itself, for if it were allowable it would Public sympathy nowadays always attends labor strug
be a weapon of use only against the weak and poor while gles. Let there be a real grievance and a generous sup
strengthening the rich. Boycotting an extensive railroad port can be depended upon. Of the truth of this we
system was tried on a large Ecale last spring on the South* have had frequent illustrations during the last few years*
western line of roads, and has been tried many times These announcements then only mean, hands o ff! when the
since. Although it inconveniences the public, it does the liberties— for it is nothing less than that— of the indi
corporation no permanent harm. The rich merchant, the vidual are attacked.
manufacturer with a large capital, the wealthy railroad
T IIE P E N N S Y L V A N IA 'S PROGRESS.
corporation, each possesses a power of endurance which
As will be seen by the report, which we give in full on a
makes it proof against such an attack. But the Bohe
mian baker, the struggling tradesman, the small capitalist, subsequent page, the gross earnings of the Pennsylvania
the employer just out of the ranks of labor, they are the confederation of roads in 1886 (including all lines oper
men who are forced to succumb in such a contest. Were ated directly or indirectly) again ‘ crossed the 100 million
it therefore the aim of the rich to shut out all the higher mark, the total in exact figures ¡¡being $101,697,981,
walks of life from the poor, no better means could be against only $92,994,549 in 1885, the increase thus
amounting to nearly 8 f million dollars. These large
devised than to legalize boycotting.
But this Connecticut decision by the highest court of totals not only indicate the improvement that has taken
that State confirms the finding of the lower court, which place, but furnish a striking illustration of the magnitude
adjudged these walking delegates, engaged in this kind of of the Pennsylvania’s operations. The earnings of the
an effort, guilty of conspiracy. Of precisely the same entire railroad system of the country in 1885 reached only
spirit and principle, is the other and perhaps more import, 765 million dollars, so that, allowing for the gains in
ant decision referred to above made by Judge Brown of 1886, the Pennsylvania must have earned about one-eighth
the United States Circuit Court.
A ll our American of the full amount. The gain of 8 f millions alone is
readers know that the latter case grew out of the boycott more than the entire receipts of many large roads. With
of the Old Dominion Steamship Company during the recent regard to the net, the total reported is $34,595,266, or an
strike of the ’longshoremen. The action was brought by improvement of $3,291,618. As the net of the country
the company against a committee of the workmen to in 1885 was $266,488,993, and for 1886 will probably be
recover $20,000 damages alleged to have been sustained not above 300 millions, the Pennsylvania thus shows
by the plaintiffs through this attempt to injure their busi about one-ninth of the entire amount. The smaller per
ness. The matter came before the court on a motion to centage of the whole in the case of the net than in the case
vacate the order of arrest. In giving his reasons for deny of the gross is evidence that in proportion to the cost of the
ing the motion, Judge Brown, after citing the facts, starts service the Pennsylvania carries cheaper than the average
off with saying that an association has no more right to in of railroads, which is natural, in view of the territory
flict injury upon others than individuals have. Is it not drained and the density of the traffic.
But the Pennsylvania’s income has been even larger than
strange that anyone should controvert such an axiomatic
this,
both gross and net, before. In 1883 the total of the
truth as that ? And yet its denial must be the basis of
gross,
was $105,653,532, and of the net $36,736,476.
justification in every boycott proceeding. The Judge
From
this
there was a decline for two years, till in 1885
then elaborates this statement by asserting that all combi
nations and associations designed to coerce workmen to be the former amounted to only $92,994,549 and the latter
come members, or to interfere with, obstruct, vex or to $31,303,648. W e give below a comparison o f the
annoy them in working because they are not members, figures for five years, made up from the present and past
and all associations designed to interfere with the perfect reports. These five years comprise all for which such ag
freedom of employers in the proper management of their gregates have been furnished. In giving the totals we
M a e ch
THE CHRONICLE.
5, 1&7.]
cannot refrain from calling attention to the promptness
and dispatch with which the vast mass of information con*
tained in the Pennsylvania report is furnished. The oper
ations are larger than those of any other system, and yet
the report— containing a greater variety of detail than the
reports of most other companies— was ready for distribu
tion on the 1st of March, or within sixty days after the
close of the period to which the statistics relate. There
are some companies doing a comparatively small business
whose reports covering the same year will not appear till
May.
ALL LINES OWNED OR CONTROLLED EAST AND W EST OF PITTSBURG.
289
case not merely the roads ordinarily embraced in that
designation, but all roads east of those points directly or
indirectly operated by the Pennsylvania.
FREIGHT.
Entire System
of Roads.
1886.
Hast of Pitts.
1886.
1884.
1883.
1882.
Y'
Erie —
Tons moved.. 64,471,950 60,254,173 56,528,890 67,379,115
54,822,558
Tons one mile 5,691,216,707 5,486,165,303 5,114,912,189 5,066,083,175 4,862,702,58»
West of Pitts.—
Tons moved..
32,297,431
26,618,897
25,061,208
26,310,047
24,977,807
Tons one mile 2,999,627,781 2,883,675,415 2,576,669,303 2,693,140,878 2,729,844,763
Total tons.......
96,769,381
86,872,570
81,535,09.3
83,698,182
79,8(10,365
Tons one mile.. 8,690.844,488 8,369,840,778 7,091.581,492 7,759,834,048 7,592,547,302
PASSENGERS.
Entire System of Roads.
1886.
1885.
1884.
1883.
1882.
$
$
8
9
9
G ross ea rn in gs................ 101,697.981 92,994,549 97,849,875 105,653,532 101,514,926
O perating e x p e n s e s .... 67.102,715 61,690,901 64,434,317 68,917,056 65,885,714
N et e a rn in g s............ 34,595,266 31,303,648 33,415,558 86,736,476 86,129,212
Entire System
of Roads.
1886.
1885.
East of Pitts. &
Erie—
No. carried...
48,115,293
43,280,237
No. one mile. 902,432,455 876,839,905
West of Pitts.—
No. carried...
12,350,940
11,474,534
No. one mile. 326,793,190 357,549,531
Tot. carried....
60.466,238
64,754,771
Tot. one mile.. 1,229,225,645 1,234,389,436
1884.
40,133,107
1883.
36,534,435
1882.
33,657,024
814,827,710 789,134,935 748,484,865
Though the earnings in 1886 were as we have seen not
12,189,992
12,263,378
11,611,839
as large as in some previous years, this was not because
342;58\887 366,774,204 369,349,969
the system did a smaller amount of work, that is carried
52,323,0119
45,268,663
48,846,811
less traffic.
On the contrary, the volume of traffic is
1,157,416,597 1,155,909,139 1,117,834,834
steadily expanding, both on the Eastern and the Western
------------ -------------- ---------------- j -----—
lines, and we think we are safe in affirming that it is equivalent of 902-J million passengers one mile, was car*
now larger than ever before. Only brief reference to the ried in 1886, which, added to the 326J millions in the
traffic statistics is necessary to show how decided the West, makes a total of 1,22 9^- million passengers movecl
growth has been. On the lines east of Pittsburg 64£ mil one mile. But that is small compared with the freight
lion tons of freight in round numbers were moved in aggregates. Over 5| thousand million tons one mile were
1886, against 60£ millions in 1885, 57£ millions in 1883 carried on the Eastern lines, and but a trifle less than
and only about 54^ millions in 1882. In other words, three thousand million tons on the Western lines. A lto
in these four years there has been an addition of nearly 10 gether, then, the Pennsylvania confederation carried in
million tons. But on the Western lines the gain has been 1886 8$ thousand million tons— in exact figures 8,690,no less noteworthy. In fact, comparing simply with 1885 844.488 tons. In 1886 alone over 321 million tons were
the increase on these has been greater than on the Eastern added, which, with the 679 millions gain in 1885, makes a
lines, reaching 5,679,034 tons, against only 4,217,777 tons total increase in these two years of about a thousand mil
But the Western lines had made less striking gains in the lion tons. The total has steadily expanded in recent years,
years preceding, so that as compared with 1882 the in except that there was a slight recession in 1884.
crease is only about 7,300,000 tons, against the increase of
Owing to the crowded condition of our columns to-day,
9,600,000 tons on the Eastern lines. Still, even in that case we have not the room to present our usual comparison of
the ratio of expansion on the former is much the greater the financial results of the year. W e will say, however,
as the increase is figured on a smaller total, the tonnage for that :f disappointment is felt that the surplus above the
1886 being just about half that of the Eastern system in the 5 per cent dividends on the stock should have been but
same year, or 32,297,431 tons. Altogether, the amount little greater than in the year preceding, when gross and
of freight handled thus reaches no less than 96| million net earnings were so much less satisfactory, it is to be
tons (96,769,381 tons) against 86£ millions in 1885, and borne in mind that there were some exceptional payments
but 79 4-5 millions in 1882. Hence in one single year that diminished this surplus in 1886, a part of which at
there has been an addition of about 10 million tons, and least will not be repeated in 1887. Thus $265,000 was
in the four years an addition of 17 millions. Since 1882 paid for fire damages, $411,972 was paid to the trunk"
there has been only one year, namely 1884, when the traf line pool in settlement of balances, while the amount
fic showed a falling off.
charged off for depreciation was about $260,000 greater
In the case of the passengeis, the progress has been than in 1885, there being at the same time a falling off
even greater, only it has been confined to the Eastern of $455,000 in the income from investments. Besides,
system. On the Western lines there was a decided though the Western system this time shows a surplus as
increase in the late year, but still the total was not much against a heavy deficit the previous year, there was $667,*
above the figure of 1883, reaching 12,350,940. On the 093 charged off on that account, being the remainder of
Eastern system, however, 48£ million passengers were he amount advanced in 1885 but not charged off then.
carried in 1886, against 43£ millions in 1885, and but
33f millions in 1882. East of Pittsburg travel is naturally CHICAGO <k NORTHWESTERN COMPANY'S
greater than west of that point, but the increase of 4£
CURRENT OPERATIONS.
millions in the late year is evidence of the prosperous
In only one month since June 1, 1886, when the current
condition of trade, while the gain of 14 J millions as com fiscal year began, has the Chicago & Northwestern failed to
pared with 1882 (over 40 per cent) shows how striking make larger net earnings than in the corresponding month
the industrial progress has been. It will be noted that the of the preceding year. Even that loss was slight and
system entire transported nearly 60£ million passengers without special significance, being in a month when both
in the year 1886. In the following we compare not only gross and net receipts had been very greatly increased in
the actual number of tons of freight and of passengers the previous year. W e have succeeded in obtaining an
^oved, but, taking account of the distance over which abstract of the monthly returns of both earnings and
they were carried, the equivalent amount in passengers expenses for the seven months to the 1st of January, and
and freight one mile. It should be said that by the lines find that the aggregate improvement in the net in these
east of Pittsburg and Erie there is understood in this seven months reaches $603,687, which is the more note*
THE CHRONICLE.
290
iVoii. XLTV,
fiscal year 1885-6 the firsts seven months had net of
$7,396,611, and the remaining five months net of only
$3,023,762. Y et the fluctuations for the five months are.
often as great as for the seven months. This is not shown
in the table given, as the width of our columns does not
1883.
1884.
1886.
1885.
permit us to carry the comparison back far enough. But
Month
N et
Gross
Gross | Net
Net
Jfet
Oros»
Oros»
in illustration we may say that while the net earnings in
Earng’8. Earng’».\ Earn’gs. Earng’s• Eamg’s. E arn’gs. E arn’gs. Earng’s
the five months of 1882 were $3,097,562, in the same
$
$ <
$
$
$
$
t
*
2,118,448 819,392 1,997,679 787.673 1,996,275 779,374 2,213,022 788,497 months of 1881, when the winter interfered so seriously
2,146,498 846,51812,036,808 806,982 1,976,177 783,442 2,160,681 884,696
965,865 with operations, the total had been only $2,344,858, a dil»
A u « ... 2,828,476 Ï,182,961 j 1,922,235 823,869 2,027,982 746,255 2,403,459
2,746,151 1,516,80212,552,825 1,361,388 2,346,914 1,195,651 2,647,969 1,894,472
ference of over three-quarters of a million dollars. In truth,
1,476,906
2,798,992
1,386,853
O o t .. . 2,810,966 1,633,46612,878,469 1,615,583 2,523,843
1,078,114
2,862,609 1,145,61912.269,541 1,093.885 1,996,509 985.741 2,868.542
1,760,556 642.754 the results for these five months are controlled very largely
D eo... 2,174,554 1.005,545J1.971,896 957,781 1,951,745 810.780
by the character of the weather. In 1881 this was excep
1
T o t a l irroBB
$16,848,171
$14,819,445
earnings...... $16,687,097
$16,618,446
tional, not only in severity but in duration. In 1886, which
Oner. exp. A
9,122,867 is the period with which we are more immediately com
8,081,849
8,221,887
8,687,8991
ta x es........ .
$7,225,804
$6,738,096
$7,896,611
paring, it was even more severe, only it did not extend
Net earnings $8,000,298)
Thus in 1886, only October, and in 1885 only May, beyond January. What an unfavorable effect it then
shows a falling off in the net, so that the improvement exerted may be understood when it is seen that the earn
has been almost uninterrupted for these two years. In ings did not suffice to meet ordinary expenses and taxes
the case of the gross the course has been much the same, (the latter being larger however in January than in other
and the total for 1886 was $1,069,249 greater than in the months), and that there was actually a deficit of $32,027,
corresponding seven months of 1885, and $1,868,252 something which did not happen even in 1881.
greater than in the corresponding period of 1884. It is
A s contrasted with this unfavorable experience in 1886
only fair to say, however, that in 1884 earnings were the interruptions this year have been comparatively trifl
down to a low figure, both gross and net, but particu ing— hardly any till the last ten days of February. As a
larly the latter. Thus the net then stood at only $6,738,- c o d sequence net earniDgs, for the month of January at least,
096, while in 1883 the total had been $7,225,804, and in ought to show very considerable gains over last year. The
1881 as much as $7,947,460. But while the present gains gross for this month have been reported and they support
are thus in great part merely a recovery of previous losses, this idea, for they show again of $395,066. Remembering
that does not detract from their significance. The essen that the expense incurred in removing snow and ice last
tial fact is that the tendency of things is favorable, and year was not repeated this year, we should judge that
the course of earnings very strongly upward. Moreover, nearly the whole of this gain in the gross would count as
the present amount of the net is probably larger than ever a gain in net. Even then the total of the net would be
before in these seven months, and certainly the total of only $363,039, while in 1882 the total was $431,081, and
the gross earnings is. The improvement may be ascribed that on gross nearly $80,000 less than in the present year.
to the enlarged production cf spring wheat in the terri In February some reduction of the net is to be expected,
tory traversed by the system, to the increased activity of but as the interruptions were not nearly so serious as those
general business, and to an extension of the volume of of January, 1886, we should judge that the loss would be
mineral and lumber traffic.
much less than the January gain.
This exhibit as to past months is interesting, not only
As concerns the influence of the crops, though the effect
on its own account, but is useful also as a guide in deter of the larger production of spring wheat can hardly as yet
mining the probable results for the full fiscal year. ^Wlth be said to have altogether passed away, there is on the
a gain of $603,687 in the net for the first seven months, other hand a strong probability of a diminished traffic in
what are the prospects for the remaining five months ? If corn, owing to the reduced yield of that cereal in the ter
the problem consisted simply in figuring the proportionate ritory drained by the system.
Below is a statement of
amount of gain for the five months on the basis of the the production of corn in four of the five States in which
gain for the seven months, it would be very easily solved. the Northwest lines lie, Illinois being omitted because the
But there are other elements that enter into the calcula road runs through only the extreme northern part of it.
tion. (1) The weather, (2) the crops, (3) new competi Nebraska is added in a separate line at the end, as the
tion, (4) the relative extent of the ore traffic, (5) general Northwest’s tributary lines— the Sioux City & Pacific and
business activity, and (6) the effects of the Inter-State law. the Fremont Elkhorn & Missouri— pass through that State ^
A ll these influences will act in a greater or less degree,
Wheat.
Com.
and as they are favorable or unfavorable will the outcome
State.
1884.
1885.
1885. ( 1884.
| 1886.
1886.
of the five months be better or worse than in the same
81.270.000
198,847,000 242,496,000¡252,600,000 32.455.000 30.332.000
Iow
a..bush.
period of the previous year. Before undertaking, how
41,807,00«
M innesota.. 19.905.000 18.431.000 23,680,000 42.856.000 34.285.000
ever, to gauge their effect, let us see what the gross and W iscon sin.. 28.493.000 32.750.000 26,200,000 14.725.000 15.665.000 20.083.000
22.380.000
15.805.000 15,345,000| 18.950,000 30.704.000 87.913.000
net earnings in these months of other years have been. Dakota........
114.990.000
108,195,000
120,740,000
309,022,000
316,380,000
263.050.000
T otal.........
28,325,000
Following is a comparison back to 1883.
Nebraska.... 106.129.000 129,428,000|122,100,000 17,449,000 19,828,000
worthy that it follows an improvement of $658,515 in
1885, making a total gain of $1,262,202 in two years.
Here is a comparison of the monthly gross and net for
these seven months of the last four years.
1886.
1885.
1884.
1883.
143.315.00
Total a l l .. 369,179,000 438,448,000*438,480,0001138,189,000 128,023,000
The .oss in these five States, as compared with the pre
vious year, is 69 million bushels, and this can not fail to
have an effect in diminishing the movement of grain over
1
the road. But as there was an increase of 10 million
bushels in the yield of wheat, and as general business is
large and active, we are not inclined to lay any particular
stress upon this feature of the situation. A s regards the
Here we see that the results for these five months are effects of new competition and the Inter-State bill, we
in amount comparatively of very much less importance think little special importance need be attached to them,
than the results for the first seven months. Thus in the at least as regards the current fiscal year. The new law
Month
N et
Gross
Gross I Net
Net
Gross
Net
Gross
Earn’gs. Earn’gs. Earn’gs. Earn’gs. Earn’gs. Earn’gs. Earn’gs. E arn’gs.
$
$
$
$
$
$
$
$
23,155
59,655 1,357,623
1,828,107 d f .32,027 1,512,680 181,042 1,502,419
222,540
F e b ... 1,678,500 629,765 1,479,803 329,862 1,504,101 337,752 1,311,395
1,986,025 945,678 1,986,542 937,977 1,766,940 631,075 2,095,292 989,746
595,480
1,754,379
1,822,164¡
623,606
1,720,617 663,243 1,770,829 718,808
2,157,206 918,457
W a y .. 1,947,902 917,118 1,932,756 857,369 2,076,829 1,001,775
|2,749,378
T o t a l. 8,661,151 3,023,762 8,682,610 2,970,053 8,672,453]2,653,863|8,675,895
March 5, 1887.J
THE CHRONICLE
291
does not go into effect till April, so that at the most it can Interest on bonds and sinking funds (same as In ’8 5 -8 6 )... $5,594,363'
influence results for less than two months of this year,
Amount remaining for stock.............................................. *5,805.935
and just what its effects will be, no one can tell. As for the Dividends: 7 per cent on pref. and 6 per cent on common.. 3,441,504
Surplus.................................................................................. $2,361,431
new competition that will hardly be any more active in the
When we say that this surplus of $2,361,431 is irre
remaining months of the year than it has been in the months
past, when, as we have seen, earnings increased largely spective of the income from land sales, which in 1885-6
notwithstanding that circumstance. There remains one reached $663,689, and t¿Jiat it is independent also of the
element to be considered, of a positively favorable charac operations of the tributary system west of the Missouri,
ter. W e refer to the carrying of iron ore from the mines namely the Sioux City & Pacific and Fremont Elkhorn
in the northern peninsula of Michigan. This has played & Missouri Valley road, which together in 1885 6 had a
no small part in increasing earnings thus far in the year surplus above charges and expenses of $574,030, but whose
and it may be expected to become still more important, results for the current year we have no means of deter
as the demand for iron ore is, up to this time, as active as mining— when this is understood, nothing further need be
ever, and the company is making special efforts to increase said to demonstrate what an extremely favorable showing
its share of the traffic. The lumber traffic is also counted the Chicago & Northwestern will probably be able to
make.
on to swell the earnings.
Taking the improvement in these latter respects, then
in connection with the saving to be effected on account of
ILLINOIS CENTRAL REPORT.
the comparative absence of snow and ice this year, it
The Illinois Central report for 1886 has this week been
would seem that if we raise the total of $3,023,762 net issued, and we print it nearly in full on another page.
last year to say $3,400,000 this year, we are keeping The year 1886 will be memorable for a number of impor*
within reasonable bounds. The gain would be about tant changes. It cannot be said that the company has
$380,000, and added to the $603,687 gam in the first abandoned its old-time conservatism, but it has developed
seven months, would make a gain of about a million dol a somewhat more aggressive disposition, and as a result
lars for the year.
has largely increased its mileage and acquired some new
With this improvement in the net, what is likely to be road. The inducement which led to this change was of
the change in the charges for interest. Here we think course the desire to protect the property against the
that if the figures for last year are taken,the error, if any encroachments of rivals. A s the company is able to
will be on the side of making the amount too large. The borrow money so cheaply— its recent bonds issues
company on September 21, 1886, listed on the New York have borne only 3£ per c « t interest— the effect of the
Stock Exchange $4,385,000 of the new extension bonds new extensions and acquisitions on charges is of much
and $5,147,000 of the issue is now outstanding. The less significance than in the case of other companies.
bonds bear only 4 per cent interest, and the interest
In the first place, two of the old Wabash divisions in
periods being February and August, only one coupon on Illinois, namely the Chicago Havana & Western, and the
the same will fall due in the current fiscal year. More Rantoul Narrow Guage (together 206 miles) were pur
over, as the bonds are secured by other bonds held as col chased.
So far these roads have cost $1,724,511, and it
lateral, and the most of these latter are on new road not is estimated that when they have been entirely rebuilt and
embraced in the Northwest’s earnings, but separately re equipped the total cost will be not far from $2,500,000.
ported, we may suppose that the greater part of the inter The roads run through a good corn belt in Central Illinois/
est will be provided for from that source. It was Reported and the necessity that existed for their acquisition may be
last week and the report we are informed was correct, that judged from the remark in the report that the gross earn
a syndicate had taken 6^- millions more of the extension ings of the Illinois Central, from freight, at the three points
bonds, but none of these have yet been issued. Our mai™ where the Havana & Western crosses it, in 1865 were $344,reason, however, for supposing that last year’s interest 051 and in 1885 $186,379.
Then the construction of the
charge will be sufficient to cover this year’s, is, that the Chicago Madison & Northern was entered upon, and
amount then seems to have been in excess of the ordinary $745,000 was spent on that account in the late year. This
call for that purpose, owing in part to duplications of in. road is to be about 170 miles in length, and will answer
terest caused by exchanging maturing bonds for new ones. a two fold purpose. It will give the Illinois Central aline
As against a net amount of $5,064,534 paid in the fiscal of its own to Chicago to connect (at Freeport,
year 1884-5, the amount for 1885-6 was stated at $5,536,- 111.) with the Iowa divisions, and through the
363, an increase of $471,829. On the debt outstanding continuation of the line from Freeport to Madison,
the 1st of Jane, 1886, the interest charge, (allowing for will extend the system to the capital of Wisconsin.
no offset except the income received on the Omaha pre The company has been paying about $200,000 per annum
ferred shares held,) is only $5,386,415, which is thus for the use of the piece of road between Freeport and
»bout $150,000 less than the actual net amount paid in Chicago, which of course will be saved under the new
1885-6. Hence it seems clear that interest no larger than arrangement. In addition, the Mississippi & Tennessee
that of the late year, will cover all requirements in the has been acquired through the purchase of a majority of
present year, and we have reason to think that the call the stock and of each class of bonds of that road. The
will be less. It follows therefore that the gain of a mil cost presumably was< $1,714,246, as that is the amount of
lion dollars in net, figured above, will count as that much the item in the abstract of assets. This acquisition avoids
additional for the stock: and as the surplus above the the construction of a new road to Memphis, and therefore
dividends on the stock in 1885-6 was $1,381,507, the is to be commended, especially as a direct connection with
surplus in the current year will be close to $2,400,000. that point seems to be desirable to the Illinois Central's
We annex a recapitulation of the process by which this re Southern line. Finally, the extension of the Yazoo &
sult is reached.
Mississippi Valley road from Yazoo City northward about
June 1886’ to Jan- 18 8 7 ...................... *16.687 697
uperataug expenses, Bame period........ ..................... .
8,687,399
Net
------------ *§$?$§
Total net earnings year ended May 31,1887..................*11,400,298
70 miles, with a branch of 12 miles, was also completed
during the year. This latter extension was in pursuance
of the plan to provide a system of branches for the South
ern Division.
THE CHRONICLE.
292
It goes without saying that as a result of all these exten
sions and acquisitions, the bonded debt has been increased.
The increase, however, is not as large as the balance sheet
would seem to indicate. During the year some $3,200,000 of
8 per cent bonus on the Southern Division fell due, and
these, according to previous provision, were to be retired
by the issue of a corresponding amount of the new fives
of the Chicago St. Louis & New Orleans. Instead, how
ever, of putting the fives out, the managers took this
amount, together with the $2,341,000 of the same kind of
bonds held unsold in the Illinois Central treasury, and
pledged them to the extent of five millions as security for
a £1,000,000 issue bearing only 3£ per cent. But in the
balance-sheet this item is evidently duplicated, appearing
both in the Illinois Central’s own debt and under that of
the Southern line. Hence the total debt would seem to
stand at $36,971,000 on December 31, 1886, against only
$28,036,000 on December 31, 1885, an increase of $8,935,000. The real increase in debt is only $3,935,000. In
amount outstanding, however, the increase is greater than
the latter figures. Allowing for the five millions pledged,
the company held only $504,000 of the St. Louis & New
Orleans fives unsold in its treasury, against $2,341,000 so
held a year ago. The difference, $1,837,000, must be
added to the $3,935,000 increase in debt, making $5,772,000, and that gives us the actual increase in the amount
out. In addition, it should be said that $50 0,000 of the
$640,000 stock of the St. Louis & New Orleans road held
was sold.
But our main object in speaking of the increase m debt
was to direct attention to the fact that the increased
charges resulting therefrom seem to be about covered by
the reduction in dividends from 8 to 7 per cent and the
saving efEected in replacing old 8 per cent bonds with
others bearing only 3£ per cent. For notwithstanding
the company paid out a larger amount for interest than in
the preceding year, and also more on account of the
rental of the Southern road, and devoted more money
likewise to construction (out of earnings), the surplus fund
at the end of the year was $8,592 greater than at the
beginning. In the current year there will be the divi
dends on the $1,000,000 new stock to take care of, calling
for $70,000, and there will also be some further increase
in interest, but on the other hand the rental of the St.
Louis & New Orleans will be only $1,376,900, against
$1,507,188 in 1886. W e have alluded to the excellent
credit of the company in being able to borrow at 3^ per
cent. W e may refer also to the great confidence that the
Stockholders have in the property, for the million of new
stock was all taken or sold at the price fixed (136),
though the market quotation was at the time below that
figure.
COTTON
CONSUMPTION AND OVERLAND
MOVEMENT TO MARCH 1.
Our statements of overland movement, &c., which are
given below, cover the period from September 1 to March
1, or the first six months of the cotton season :
OVERLAND MOVEMENT TO MARCH 1 .
Cotton continued to move quite freely by rail overland
during the month, the gross shipments aggregating 112,050
bales, against 85,116 bales and 94,656 bales respectively
for the corresponding periods in 1886 and 1885.
Tbe
total for the season to date is, therefore, now largely in
excess of that for either of the two previous seasons.
Of
hese shipments during the month a much larger propor
tion than in former years went to the Northern outports
and are deducted in our statement below. In consequence
91 this the net movement for February exhibits a decline
IT
ol.
X L IY ,
from last year and also from the year preceding, reaching
40,013 bales, against 57,935 bales a year ago and 59 304
bales in 1885. In the aggregate for the six montcs how
ever, there is a small gain over 1885-86, and a very decided increase when contrasted with 1884-85. The details
follow.
OVERLAND FROM SEPTEMBER 1 TO MARCH 1 .
Shipped, since September 1—
From St. Louis........................................
Over Illinois Central..............................
Over Cairo & Vincennes........................
Over the Mississippi River, above St. L.
Over Evansville & Terre H aute...........
Over Jeffersonville Mad. & Ind..............
Over Ohio & Mississippi Branch............
Over LouisvllleCincinnati &Lexington.
Receipts at Cincinnati by Ohio River...
Receipts at Cincinnati by Cin. Southern
Over other routes.....................................
Shipped to mills, not included above...
Total gross overland........................
Deduct—
Receipts overland at N.V., Boston,&c.
Shipments between (or South from)
Western interior tow n s...................
Deduct also Shipments inland and Tak~
ings fo r Southern Consumption
from the following Southern ports—
Galveston.............................................
New Orleans..........t .............................
Mobile...................................................
Savannah..............................................
Charleston............................................
North Carolina ports...........................
Virginia ports....................... .............
Total to he deducted..................... .
1886-7.
1885-6.
1884-5.
318,278
154,683
109,374
12,24«
56,108
19,995
7,407
79,230
17,474
98,575
109,405
8,753
318.588
146,4,55
56,060
10,870
37,305
29,502
15,020
56,497
49,690
77,937
76,017
8,749
225,447
118,678
140,805
14,829
27,782
37,180
15,601
34,737
17,103
55,755
63,201
3,354
981,538
887,690
754,467
247,634
189,220
180,950
39,671
54,382
46,695
22,076
9,514
819
4,154
535
33,852
236
4,801
9,395
796
6,096
957
4,673
3,450
10,007
807
4,707
1,067
5,002
358,305
270,556
252,685
Leaving total net overland •......... .
623,233 617.134 501,782
* This total Includes shipments to Canada by rail, which since Sept. 1
in 1S86-7, amounted to 26,387 bales, in 1885-6 were '¿6,385 bales and
in 1884-5 were 14,956 bales.
RECEIPTS, EXPORTS AND SPINNERS’ TAKINGS.
While the marketing of cotton through the outports
has been rather liberal during the month, it has fallen a little
short of the movement last year, the net receipts reaching
404,272 bales, against 414,656 in February, 1886. Con
trasted with the month of 1885, when the receipts reached
only 261,449 bales, there is, of course, a very substantial
increase. The total for the six months of 1836-87, as the
table below indicates, exhibits gains over the like total for
either of the two preceding years.
Cotton has continued
to go out freely during February, the exports to all
foreign ports aggregating 414,604 b-iles, and contrast with
394,143 b les for the month last year and 286,490 bales
in 1885.
For the season to date there is a large increase
compared with the two previous years.
Port stocks are
now 166,629 bales less than at this time last year, while
the drain on the stocks at the interior towns has been
somewhat greater in February, 1887, than in February 1886.
Below we give our usual table covering receipts, exports
aDd stocks.
Receipts Receipts E X P O R T S S IN C E S E F T . 1, t! 586, TO —
Stock*
since
since
Mar. 1.
Sept. 1, Sept. 1,
Great Prance. Conti
Total.
1886.
nent.
1885. Britain*
Galveston.......... 676,412 633,992 235,874
89,301 355,527 54.987
30,352
Indianola, &c..
781
New O rleans.... 1,547,269 1,512,987 556,671 295,660 255,464 1,107,798 353,090
85,182 18,726
202,053 226,347
35,182
Movement from
Sept. 1.1886, to
March 1, 1887.
22,208
757,521
48,084
701,586
223,181
18,648
190,630
429,351
87,423
42,144
122,342
W ilm ington......
Moreh’d C., &c.
372,136
16,131
130,864
3,711
432,459
4,150
251,909
90,823
7,960
9,490
108,273
W est Polnt.&c.
New Y o r k ..........
302,846
77,541
89,084
5,305
462 829
227,401
48,621
84,713
327,582
2,150
86,875
Baltimore...........
Philadelphia,&c.
57,685
31,965
87,606
28,995
Savannah ..........
Charleston.........
Total 1886-87.... 4,804,751
80,241 1
82,334j
2,151,116
7,785
........
441,574
Total 1885-88....
4,552,687 11,616,802I 310,220
Tots] 1884-85....
4,399,411 11.958,241 1 817,952
* tfre a t U n tato e x p o rts In clu d e to tn e C hannel.
3,800
8,406
157,164
1,345
19,769
2,724
69,423
20,993
70S
3,793
299,875 23.518
8,809
05,269
521.621 344,270
9,000
98,209
107,795 21,412
35,058 28,148
860,435 3,453,125
991,756 2,918,778
797,183
856,842 3,132,535
March
5, 1887.]
THE CHRONICLE
293
Using the facts disclosed by the foregoing statements
I Same 1 Same
Six Month» ending March 1,1887. peri’d in iperi’d in
we shall find that the portion of the crop which has reached
1885-6. 11884,-5.
& market through the outports and overland, and the
Number o f
Weight in
Average Average Average
Southern consumption since September 1, this year and
Bale».
Pound».
Weight. Weight. Weight.
the two previous years, is as follows.
T exas...............
676,412348,054,559 514*56 517-42
514-69
] 1886-7.
1885-6.
1884-5.
Receipts at the ports to March 1 ...bales. 4,804,751 4,552,687 4,399,411
Net shipments overland during same time 623,233 617,134 501,782
Total receipts..............................hales. 5,427,984 5,169.821
Southern consumption since September 1. 250,000 205,000 4,901,193
180,000
Total to March 1 ....................... hales 5,677,984 5,374,821 5,081,193
Louisiana......... 1,547,269 i 748,878,196
Alabama. . . . . . .
202,053
99,612,129
Georgia*........ .
805,473
384,814,726
South Carolina.
388,267
182,097,223
V irg in ia ........
803,018
383,280,491
North Carolina.
134,575
62,913,812
Tennessee, dco.. 1,120,917
560,323,990
Total........... 5,677,984 2,769,975.126
48400
49300
477-75
469 00
477-30
467 50
499-88
482-50
504-00
437 00
476-35
475-20
467-30
491-56
476*00
498-00
469*50
467*10
460<4>|
465*08
49500
437-84 48817
480*68
The amount of cotton marketed since September 1 in
* Including Florida.
1886-87 is thus seen to be 303,163 bales more than in
It will be noticed that the movement up to March 1
1885-86 and 596,791 bales more than in 1884-85. To de
shows a decrease in the average weight as compared with
termine the portion which has gone into the hands of North
the same period of last year, the average this year being
ern spinners during the same period, we have prepared the
487-84 Ids. per bale, against 488-17 lbs. per bale for the
following.
same time in 1885-6 and 480-68 lbs. in 1884-5.
Total receipts to March 1,1887, as above......................... bales. 5,677,984
Stock on hand commencement of year (Sept. 1,1886)—
At Northern ports............................... 132,632
At Southern ports...............................
41,096 _173 728
At Northern interior markets.............................
4 ,29 8 — 178 026
Total supply to March 1 ,1 8 8 7 .......................................... 5^836 010
Of this supply there has been exported
to foreign ports since Sept. 1, *86. ..3,453,125
Less foreign cotton lnoluded.................
2,305—3,450 820
Sent to Canada direct from W est. . . . . . . . . . . . . . .
26 387
Burnt North and South.......................................
18*004
Stock on hand end of month (Mar. 1,1887)—
At Northern ports................................ 297,830
At Southern ports................................ 551,040— 851,870
At Northern Interior markets............................
12,239—4 359 320
Total takings by spinners since September 1 ,1 8 8 6 ..bales M 96.690
Taken by Southern spinners............. ...................................
25o 000
Taken by Northern spinners slnoe September 1 ,1 8 8 6 ...............1/246,690
Taken by Northern spinners same time In 1885-6 ..................... l 330 723
Deorease In takings by Northern spinners this y e a r........ bales
THE COTTON GOODS
81,033
The above indicates that Northern spinners had up to
March 1 taken 1,246,690 bales, a decrease from the cor
responding period in 1885-86 of 84,033 bales and an in
crease over the same time in 1884-85 of 176,892 bales.
Feb.
1.
2.
AMOUNT OF CROP NOW IN SIGHT.
In the foregoing we have the number of bales which
has already been marketed this year and the two previous
seasons. An additional fact of interest is the total of the
crop which was in sight on March 1, compared with
previous years. W e reach that point by adding to the
above the stock remaining at that date at the interior
towns, less stock held by them at the beginning of the
season. In this manner we find the result for three years
on March 1 to be as follows :
3.
4.
5.
6.
7.
8.
9.
10 .
11.
12 .
13..
14..
15..
16..
17..
18..
19..
20 ..
21. .
22 ..
1886-7.
1885-6,
Total marketed, as above...,hales
interior stocks in excess of Sept. 1
5,677,984
250,000
5,374,821
425,000
5,081,193
198,000
___ lotal in sight........ .
5,927,984
5,799,821
5,279,193
..bales.
1884-5.
This indicates that the movement up to March. 1 o f
the present year is 128,163 bales more than in 1885-86 and
648,791 bales greater than in 1884-85.
As it will interest the reader to see what has come into
81ght each month of the season during this and previous
years, we have prepared the following, which shows the
movement for the last four seasons.
Month».
1886-7.
1885-6.
1884-5.
1883-4.
October....
"OTember...........
December .......
January...'........
434,831.332,901
1,579,539
l,467,7o7
662,*>54
450,285
485,552
1.360,870
1,443.433
1,488,582
541,793
479,591
413,836
1,309.111
1,390,902
1,360,404
513,187
291,753
450,047
1,325,716
1,317,773
1,264,816
453,985
370,337
JTotal 6 months.
5,927,984
5,799.821 1 5,279,193
5.182,674
September..
*'6bruapy^
WEIGHT OF BALES.
To furnish a more exact measure of the receipts up to
^arch 1, we give below our usual table of the weight
° ales. W e give for comparison the figures for the
arne ^me in the previous two years.
TRADE IN FEBRUARY.
There was a steady though moderate movement in
staple cotton goods during the month, and the tone of the
market continued firm.
Shipments from this city were
interrupted temporarily by a strike among the freight
handlers, but large quantities of plain and colored cottons
were forwarded to^interior markets direct from the mills,
and but little inconvenience was therefore felt by distribu
ters ia the West and Southwest. Brown sheetings were
ln good demand by converters and exporters, and leading
Eastern and Southern brands are in inadequate supply.
Print cloths were fairly active and prices ruled firm until
about the middle of the month, since which time there
has been a decline of about six points in 64x64 ’s.
23..
24..
25..
26..
27..
28..
29..
30..
31..
1887.
1886.
1885.
Oott’n Print Sheet- Oott’n Print Sheet Oott’n Print- Sheet
low
ing %ngs, low
ing ings, low
in a
mid cloths stand mid cloths, stand mid cloths , ing»,
dling, 64x64 ard, dling, 64x64 ard. dling. 64x64 stand
ard.
81516 3*50
S
3-38 6%
. . . 8 ..
9
3 50
8% 3-31 6% ib"13,6 3-11
9
3-50
8% 3-31 6% 1 0 1 3 ,H 3 11 714
9
3-50
8% 3-27 6% 1013l6 311 714
9
3-50
8% 3-25 6* 1013, 3 -lt 714
714
. 8...
8% 3-25 63* 10131(, 3 09 714
3-50
.8 . . .
1013u 3 09
714
3-50
6H
. . 8 ...
g^lS 3
3-50
8 «8 3-25 6% 1013ie 3 0 9
714
3-50
8% 3-23 6\ 1013, 3 0 9 714
3-50
3-23 6% 1013! 3 0 9 7%
88s
3-50
3-23 6% 1013! 3-09 714
88s
.. 8 . . .
88s
3-23 6h 1013, 3 09
714
9
3-50
..8...
10"8 3 09 714
9
3-50
85s
3-23 6%
,. 8 ...
.1
.
9
3 50
88g 3-22 6% 1078
3 0 9 714
9
88a 3-20 6% 1078 3-09 714
3-48
9
3-48
89xe 319
e* loir*! 3 0 9 714
8ia 3 19 6% 10 5, 3 09 714
9be 3-46
8 ...
8ia 3 19 6% loi»! 3-09 714
91 ia 3-46
... 8...
11
3-09 714
H’day
H ’day
. 8 ...
9 ilfl 3-44
3-ly
63i
87X6
H’day
91X6 3 44
87xa 3-19 6% 111«
3 09
714
9}l6 3-41
8iie 319 6% His
2-09 714
319 634 1131(i 3 1 2 714
838
9116 3-44
..8..
83a
3 19
714
1 * SX« 3 12
91X6 3-44
. . . 8 . . . 6% Ulfe
3 1 2 714
The above prices are—For cotton, low middling upland at New York
cloths, manufacturers’ prices; for sheetings, agents’ prices
which are subject to an average discount of 5 per cent.
s
*
FINANCIAL R E V IE W OF FEBRUARY.
The month of February was marked by dull, hesitat
ing markets a good part of the time, owing to the apprehen sions of war in Europe, the Inter-State Commerce Law
here,which was signed early in the month, and the freight handlers’ strike on the docks, which impeded for som,e
time the loading and unloading of ships, and the uncer
tainty which necessarily ruled so long as Congress was in
session.
The German] elections took place on February
21, and Bismarck’s policy]]was sustained, after which the
fear of war became less. On the 3d the Bank of England
reduced its rate from 5 to 4 per cent.
The money market was not active in February, and the
rates for call loans to stock borrowers were usually 3@
THE CHRONICLE,
294
5 per cent. The city banks surplus declined materially, as
it stood at $22,298,450 January 29 and was down to
$11,393,000 on February 26.
A t the Stock Exchange it was generally a dull month
for the reasons above mentioned. After the Inter-State
Commerce bill was actually signed and became a law»
there was •a decided reaction and an improvement in
stocks, as often happens in such cases. In the first week
o f the month one of the depressing influences was the
free sales for foreign account, as the outlook here and in
Europe was unsatisfactory, and the foreign holders sent
back a considerable amount of our railroad securities.
After the 21st, when the German elections occurred, and
the freight-handlers’ strike was ended, there was a
decidedly better feeling; the foreign markets turned
buyers, and although we shipped about $1,350,000
gold in the last week, this was but temporary, and
exchange immediately declined on free shipments of wheat
and flour. Among the principal railroad events of the
month were the issue of the Atchison circular No. 59, for
building new roads in Kansas, Colorado and California
the Nickel-plate company’s proposed plan of settlement
the Missouri Kansas & Texas settlement with scrip hold
ers; the Texas & Pacific adjustment with income
bondholders; the Corbin purchase of Jersey Central
stock; and the new arrangement between Pacific Mail
and the Panama Railroad.
Foreign exchange was strong during most of the
month, and a moderate shipment of gold was made in the
latter part, though rates immediately after weakened on
good supply of commercial bills.
The following summary shows the condition of the New
Y ork City Clearing-House banks, rates of foreign exchange
and prices of leading securities and articles of merchan
dise, about the 1st of March, 1885, 1886 and 1887.
s t a t is t ic a l
su m m ary oh
or
about march
1> 1885. 1886
CLOSING PRICES OF GOVERNMENT SECURITIES IN FEBRUARY.
Car »elation....
Net deposits...
Legal tenders.
Legal reserve..
Reserve held..
49,120,650
Money, Exchange, Silver—
110% 128%
1283s
128%
8.
12888
Call loans..............................
Prime paper, sixty days.......
Silver in London, per oz........
Prime sterling bills, 60 days.
United Slates Bonds—
8s, registered, option U. S ...
6s, ourrenoy, 1898.................
4*28, 1891, coupon................
4s of 1907, ooupon...............
Railroad Stocks—
New York Central & Hud. Riv
Erie (N. Y. L. E. & W .)......
Lake Shore & Mich. Southern
Miohigan Central..................
1®1%
4@5
49%d.
4 84
11,393,000
1%92
394
46%
4 88%
4®5
5®5%
12
13
u
15
100
93%
13%
64%
63
112%
125%
94%
72%
102%
38%
105%
27%
86%
72
130
140
109%
91%
126%
54
112 %
134%
109%
128%
33%
94%
88%
126%
129%
114%
91%
135%
Illinois Central..............
Chicago & Northwestern, com
Chicago Milw. & St. Paul, com
Delaware Laok. & Western ...
68%
Central of New Jersey.......... .
Merchandise—
99i6
8%
Cotton, Middl’g Uplands. $ lb
1171S
34935
35%
33935
Wool, American X X ....... lb
Iron, Amer, pig, No. 1 ..# ton 18 00918 50 18 00919 50, 21 50®22
34 00934 50 39 00940
27 00
'Steel rails at mills..................
91
94%
89989%
Wheat, No. 2 red win.$ bush
49
49%949%
Corn, West. mix.No. 2.fj? bush 50%951
15
00
11
75912
O
O
Pork, mess....................$ bbl 13 50913 75
62
79
83
BANKERS’ STERLING EXCHANGE (POSTED RATES)
60
De
mand.
I ....
2 ....
3 ....
4 ....
5 ....
6 ....
7 ....
8 ....
9 ....
10....
11....
12....
4 85%-6
4 85%-6
4 85%
4 85%
4 85%-6
4 89
4 89
4 89
4 89
4 89
4 85%-6
4 86%-6
4 85%-6
4 85%-6
4 85%-6
4 86
4 89
4 89
4 89
4 89
4 89
4 89
..... s.
Feb.
13....
14....
15....
16....
17....
18....
19....
20....
21....
22__
23....
24....
days.
FOR FEBRUARY, 1887
Feb.
60
days.
De
mand.
......... 25..
4 89
4 86
..
....... S.
4 89
4 86
..
4 86-% 4 89-% 26 ..
........
8
27
4 86% 4 89%
4 86% 4 89% 28.... 4 85%-6 4 88%-9
4 86% 4 89%
4 86-% 4 89 %
4 86% 4 89%
4 86%
....Holi
4 86%
4 86
4 89%
day — R’nge
4 89% Low.
High
4 89
XX
days.
De
mand.
iO*£>
0000
1
Feb.
60
4 88%
4 89%
.........
128%
128%
110
2 3 ..............
2 4 ..............
2 5 ..............
2 6 ..............
2 7 ..............
2 8 ..............
Open..........
High..........
Low............
137% Clos............
128%
128%
128%
123%
110 %
110%
110
110
128%
128%
128%
128%
137%
137%
137%
137%
The following table will show the lowest, highest and
closing prices of railway and miscellaneous stocks at the
N. Y . Stock Exchange during the months of J anuary and
February.
46ti6d.
100%
134
112%
127%
137%
18..............
4 86
101%
133
111 ®8
122%
128% .......
128%
128%
10
1887
25,937,775
19.............. 110
20 ..............
....8 .
21 ..............
22 .............. .Holi day..
110% 128%
9 4*'
298.590.600 349,677,000 368,413,500
101,664,400 92,343,000 87,068,800
7,606,700
10,907,900
8,666,100
350,667,800 390,252,100 387,462,800
35,123,200 31,157,200 21,189,900
87,666,950 97,563,025 96,865,700
136.787.600 123,500,800 108,258,700
SpesJe............. .
1887.
3s, I 6s,
3s,
6s,
4%s,
4%S, 4*, opt*»
Our.,
opra Our,
February. 1891, 1907, U. S. 1898, February. 1891, 1907,
1898,
coup. coup.
coup. coup. reg. reg.
reg. reg.
1887.
1886.
1885.
¡few York City Banka—
AND
[V ol. Z U T .
RANGE OF STOCKS IN JANUARY AND FEBRUARY.
,------ January— ;— ,------ February.------,
Closing Low- High- Closing Low- High- Otofa
est. Feb. 28.
est.
est. Jan. 31. est.
RAILROADS.
Dec. 31.
Albany & Susa...................
AtchisonTop.& S. Fe . .....
Atlantic & Pacific...
11%
Bost.& N.Y.Air L. pt............
Buff. Roch. & Pittsb. *34
Burl. Cedar R. & No............
Canadian Pacific.................
Canada Southern....
63%
Cedar Falls & Minn............
Central Iowa......................
Central of N. Jersey. 55%
Central Pacifio........ 43 %
Ohes. & Ohio........ .
*8%
Do
lstpref. 17%
Do
2d prof. 10
Chicago & Alton.............. —
Do
pref. ........
Chic. Burl. Sr Quincy. 137%
Chic. MU. & St. Paul. 90%
pref. *117%
Do
Ohio. & Northwest.. "115%
,
134
11
101
50
55
16%
14
8%
143
155
136%
87%
117%
111
138%
125
16%
35
46%
106%
130
95
52
5%
134
98%
12% 11%
101% 1’101
35% 34
50
68% 62%
63% 55
*15
19
15% tl5
68% 65
43% 36%
*8%
9%
15%
17
11% *10
144
155
138% 137%
87%
91
118% 117%
115
111%
140% *138
126% 125%
18% 17
40% *34
51% 46%
109% *106%
........
155
98% 98
52
*5%
7
Do
pref. §140
Chic.* Rook Island.. 126%
16%
Chic. St. L. & Pittsb.
39
Do
pref.
48%
Ohio. St.P. Minn.&O.
Do
pref. §109
Cin. Ham. & Dayton 130
a n . Ind. St. L. <fe Ch.............
Cin. Sand. & Cleve.. . . . . . .
Cin. Wash. <fc Balt...
6%
8%
Do
pref. 10
60%
a e v . Col. Cin. & Ind.
64%
149
a e v . & Pittsb., guar.............
Col. Hock.Val. & Tol.
37 % 34
Del. Lack. & West’m. 136 % 1S3
Den. & R. G., ass. pd. 28% 24
Do
pref.
61% 56%
20
Denver & Rio Gr. W. . . . . . .
Det. HlUad. & so. W.
16% 18%
E. Tenn.Va.& Ga. Ry
79% 72
Do
1st pref.
31% 23%
Do
2d pref
18
20
Eliz. Lex. & Big S ..
86%
88
Evansville & T. H ...
22%
25
Ft.Worth & Denv. C.
13% 12
Green B.Win.& St. P.
Harlem......................
42
Houst. & Tex. Cent.. *43
132%
QUnoisCentral. . . . . . 133
95
Do L’sed Line 4 p.o ........
14%
Indiana Bl. & W.......
17
Do.
ass’t pd.............
14
Keokuk & Des M............. .
36
Do
pref.............
91
Lake Shore...............
96%
93
Long Island..........................
60%
Louisville & Nashv.. 66%
58
Louisv. N. A. & Chio. 63
Memhattan, consol... §158% 154
Manhattan Beach Co. 15 % 16
51
Memphis & Cha’ston. 59
13%
Mexican Central. . . .
Miohigan Central.. . .
93% 86
6 6%
MUw. L. 8h. & West. *65
Do
pref. §98% 98
Minneapolis & St. L.. *19% 18
42
44
Do
pref.
33%- 28%
Mo. Kans. & Texas ..
Missouri Pacific.......§108% 105
15%
18
Mobile & O hio..........
Morris & Essex...............
• 139%
81
Nashv. Chatt. & St. L. 88
N. Y. Cent. & Hud. R § 113 % 1 11 %
9%
N.Y.Chlc. & St.Louis.
14%
20
Do
pref’ 28
105%
S.Y. Lack. & W est..
N. Y. Lake Erie & W. “34% 30%
65%
73
Do
pref.
51
55
N. Y. & New Engl’d.
2
10
N. Y. N. H. & Hartf’rd
17
N. Y. Ontario & W ...
20
11%
N. Y. S uscl. & W est..
12
31%
Do
p ref...
33
18
Norfolk & Western..
22%
45
Do
p r e f...
52%
26%
Northern Pacific.......
27%
Do
pref.
61% 56%
Ohio & Mississippi...
29% 23%
.... *
96% 99%
10% 12% 11%
102 *101
101
42% 42
34
. ..... ......
59% 63% 6Ì%
52% 60% 59
16
18
16
10
15% 10
63% 71% 68%
33
38% 36%
9% ‘ 8
8
14% 16% 14%
10%
*«%
9%
143
145
140%
137
85% 92%
117% 121%
116%
110
142
139
125% 126%
16
18%
41
37
45% 50
109%
106
34%
23%
54
28
61%
29%
11%
32%
19%
45%
26%
56%
23%
114%
*141
126%
*17
*38%
48%
108%
"97% 104
5%
7%
1___
0%
*8%
59
65% 60%
151% ........ 144
34
39% 35
138
133% 131%
24% 21%
66
60% 56%
20
23%
79%
"Ì7* 13% 12%
71%
82% 72
23% 21%
32
15
18
86%
89
21%
25%
12%
*12
220
45
Ï3 3 " §128%
135
93
96
12%
17% 15
17%
14
36
90
96% 92
94%
*94
95
57
67% 61
60
65% 60
158% 155% 155%
15%
17% 16
55
63% 58
14
13%
86
93% 87*"
68
70% t71
99
tioo
100%
20 *17% 17%
40%
45% 42
33% 28% 26%
104%
105%
109%
19% 15% 14%
138%
140% 140
79%
88% 182
114% 1 1 1 % 1 10
6%
10
15
18%
20
28
105% 105
107
34% 30% 29%
73% 66% 65%
57% 56% 55%
208
220
15%
2 0% " l 7 %
12%
138%
91%
’120
11
31
17%
43%
26%
56%
101%
5% *5%
9% *9
64
65
152%
"35%
37%
137% 135%
25%
26
61% 60%
21%
79%
14% 13%
77% 76%
26% 25%
15
88
24% 24
13% 13%
225
132%
97
14
18%
96%
98
62%
63%
157%
17
59%
14%
91
75%
104
19%
93
94%
97%
61%
63%
157%
■57%
"89%
75%
103%
*18
43%
44%
32% 31%
110% 108%
17% 15
141% 138%
83%
86%
114% 112%
11% 7%
19%
23
107%
34% "33%
74% 72%
62% 61%
214
18% ‘ *17%
12%
14
36% 36
2 2%
»prices bid. I Prices asked. § Ex-dividend. ITEx-rights.
22
49%
28%
60%
28%
21%
47%
28
59%
27%
Ma r c h
THE CHRONICLE,
5. 1&-7.J
___ J a n u a ru --------- -------- F eb ru a ry.-------O losing Low- H ioh - C losing Low- High-- Jios’g
est. Feb. 28
J a n . i>l. est.
Dee. 31. est.
esl.
10
..- . . .
19
21
18
Ohio S outhern..........................
28
29
2
8%
28%
31
Oregon Short Lino . .
30
3338
3 2%
34%
3 0%
nrevou A Trana-Con.
33 %
29*8
29%
3-5%
36%
3
2%
P * ,: Deoat. & E’ ville.
31%
30%
3
3%
3 5%
34
37
36
42%
3-*%
Phila. & R ead in g—
36*3
36%
pittsb.Ft.W .A C .guar............... 146
145 %
145
148
145
107
170
U7
Rensselaer & Sar...................... 170
10%
Rioh.A Al. st’k. t r .c t ...............
10%
8%
8
11%
42%
Rinhiuouddt W est Ft. H i2 %
40
42%
41%
54
47%
813s
Do
p r e f.
81
79%
77
77
75
8 7%
Rochester & P itts b .................
4
4
89
Rome Water. & O gd..
95
80
86
95
30
30
2238
23%
2 2%
25
fit.Louis Ark. A l e x ...............
22%
34
»31
32
30
*31
gt. L. A lton <ft T. H .................
35
___
80
Do
p r e f...............
......
so
130
30
3 2 % * 3 Í%
gt. L. .v 3. F ra n cisco.
3 1%
so
33
673a
63
Do
p ref.
65
61%
45%
63
05
Do
1 st p re f. l i d ’ s §1 12
1 1 '’ % §1 12 % 1 12 % 113% 113
63%
6 5%
61%
57%
68
61%
58
BL P. A D u lu th .........
109% *109
Do
p ref. * 1 0 «% 107
1 08 % 1 0 »% l o g
St. Paul Minn. & Man 116
113 % 117
113
119% 116%
15
17
Bouth Carolina R U .................
13
16
....
36% . . . . . .
8onthe.ru Pa< iflo Co..
3 6%
35
3 5%
35
Texas & Paoitle................
20
21%
Do 1 rust r e c ’ts
24*8
2 1%
24%
20
Do 1st asst, p d ..........
22%
2 t%
2 2%
2 b 7a
D * d asst, p d ..........
23%
29%
28%
35
34
Xol. & Ohio C e n t___ *36
58%
57
67
D<>
p ref.
61
59%
58%
5 .3 a
Union Paoitle.............
61%
56%
5->%
5 5%
62
53%
Virginia M idlan d.....................
42
35
35
35
W»h. 8t. L. A Pao—
13%
19
18%
Pur. Com. r e e p t s ..
1 9%
13%
19
13%
31%
3 0%
Do
p e f..
3 5%
2 5%
2 6%
2 3%
35
Te le g r aph ,
Cen. & So. A m . T e l.................
96
95
7038
74%
Western U n i o n . ... ..
75%
76
7138
76
71
E xpress.
139% 144
144
1 42
1 46
143
Adams......... .....
*137
110% 109
1 08 % 108
107
1 10
A m erican.................... *107
6 2%
t>3
62
64
*62%
United S ta tes............. *60
64%
1 30
129
1 2 6 % 129% *127
1 27
Wells. F argo & C o . . . . *128
Co a l a n > Min in g .
4=38
45%
3 9%
44%
Gamer. Iron & C oal.
43%
49%
46%
39%
Colorado Coal & iron
40
35%
40%
3 6%
3 •%
38%
Consolldtll >u C oa l.................
21
23
3 5%
37
Colum. <fc H o c k C oal ..........
37%
15
13%
13
15
Boinestaae M in in g ..
13
14
14
15
Maryland C o a l ............... .
14
17
62%
69
7 2%
70%
7 2%
N. Y. & P rry C o a l..
62%
14%
18
1 3%
16
New Central C e a l...................
17%
2
5%
25
26
22
Ontario S ilver M m .................
2 76
Pennsylvania C o a l................. 2 82
2 82
2 75
fc%
7%
Quicksilver M in iu g .
7%
*6
7%
8%
*' %
33%
§31
*30% §29
* § ;o
Do
p ref.
2 8%
28
45
4 9%
44
46
47
Term, < oa l & I r o n .. . IT14%
54%
Va r io u s .
Canton C om p a n y ....................
60
60
84
Consolidated tins Co.
8 0%
8t>%
79
8*%
8o%
83%
Del. & Hud. C a n a l... Iu 3 % 101 % 104% 1 0 1 % 1 0 0 % 10.»% 5 10 »%
117%
1 16
Joliet Si eel C O .......................... 1 2 2
1 30
1 20
132
170
1 70
40
47
43
Oregon liu p rov . C o ..
4 4 7s
38
9 6% 102 % 102
9 7%
Oreg’n K’y fit N av.C o. §1 04
9 7% 104%
5 3%
5 5%
49%
57%
Pacific M all.................
51
48%
5 0 Si
107
114 % 110
115
Philadelphia C o........ 1 10
109
105
Pullman Jramce C a r. 1 40
139 % 147 % 146 % §1 43 % § 1 4 7 % §146%
r a il r o a d s
• Prices bid.
RECAPITULATION .
Principal.
.
t P rice s a sked,
k E x -d iv id e n d .
IN T E RE3T-BBARING DEBT.
Amount Outstanding.
Character of Inter’l
P'y'ble Registered.
Issue.
Coupon.
Total.
8s.......Option. Q .-F .
04*.........1891. Q.—M.
4*........... 1907. Q .W .
Q .-J .
8a, pens on
J.& J.
Pacific H a s... J.&J.
$
$
52,654.800
204,266,900 45,733,100
618,645,450 119,143,650
*64,623,512
Int. Due Accrued
A Unpaid. Interest.
$
$
$
52,654.200
14,878
131,035
828,556 2,812.500
250,000,000
737,789. 00 1,238,313 4,918.594
1,229
18<,850
57,148
70,00 ■
420,1*00
14,000,00o
53,499
610,235
*64,023,512
940,190,002 164,076,750 1,119,251,162 2,112,387 8,580,193
•2,398,000 mature Jan. 16,1895; $640,000 Nov. 1.1895; $3,080,000 Jan. 1,1896;
$4,390,000 Feb. 1,1896; $9,712,000 Jan. 1,1897; $29,904,952 Jan. 1,1898; $14,004,560
Jan. 1, ia99.
DEBT ON W HICH INTEREST HAS CEASED SINCE M A TU R IT Y .
Aggregate o f debt on which interest has ceased since maturity is $6,530,815 ;
interest due and unpaid thereon, $'¿01.365. This debt consists o f a number o f
small hems o f which the principal amoun’ s are called bonds, the largest
hems being $4,393,700 called 3 per cents o f the loan o f July, 1882, and $394,300
called consol 6s o f 1867.
DEBT BEARING NO INTEREST.
Amount.
$57,325
346,681,016
Old demand n o t e s ....,....................................................
Legal-tender notes............................................... ..........
Certificates o f deposit....................................................
Less amount held in Treasurer’s cash................
Gold certificates..............................................................
Less amount held in Treasurer’s cash.................
811t er certificates............ ........................... ........... .
, Less amount held in Treasurer’s ca s h ...............
fractional currency................................................ ; . . . .
Less amount estimated as lost or destroyed....
126,597,102
5,466,347— 121,130,755
15.326,497
6,950,563
8,375,934—
Aggregate o f debt bearing no Interest.............. .
$582,958,024
8,430,000
250,000—
121,214,595
8,180,000
24.251,280—
99,958,363
| Interest.
Interest-bearing d eb t—
$
4143......................... ................ 250,000,000
4s............................................. 737,789,100
38..............................................1 52,654,200
Refunding certificates,4s..! . 184,330
Navy Pension fund, 3s.......*' 14,000,000
Pacific HR. bonds, 6 p. c t ... 64,023,512—1,119,251,162 10,098,581 1,129,943,743
0,530,845'
201,365
Debt on which lnt. has ceased
0,732,2U
Debt bearing no In terest346,738,341
Legal tender notes, &c........
Certificates o f deposit......... 8,180,000
Gold certificates................... 99,938,365
Silver certificates................ 121,130,755
582,958,024
6,950,563— 582,958,021
Fractional currency............
1,708.740,031 10,893,946 1,719,633,978
Total d e b t .
Less cash items available fo r reduction o f the debt. ...$269,452,976
Less reserve held for redemption o f U. S. notes........... 100,000,000 $369,452,976
Total debt, less available cash items.
Net cash in the Treasury .........................
1,350,181,001
19,148,975
Debt, less cash in the Treasury, March l, 1887.
Debt, less cash In the Treasury, Feb. 1, 1887...
1,331,032,026
1,332,463,808
Decrease o f debt during the m onth................ .
D jere tse o f debt since June 30,1886..................
1,430,732
58,104,357
UNITED STATES TREASURY STATEMENT.
The following statement for February, from the office o f
the Treasurer, has been issued. 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 February 28; we give the figureg
for January 31 for comparison :
F e b r u a r y 28,1887.
G o ld —Coin.
Bullion ....
Balances.
Assets and
Inabilities.
Balance».
$
191.602,700
83,485.920
$
$
189.122,038
85,018,431
$
Certifie’», net.(IAabülty) 99,958.365
'e t gold in treasury
S il v e r —Dollars,stand’rd 198,112,760
4,700,183
Bullion......................
274,140,469
124,508,739
18,843,632
175,190,261
Total sliver......... (Asset) 20 ',812,943
Certificates issued...... 1-0. 97,102
5,4(i 0,347
Certificates on hand...
Certiflc’s, net.(Liability) 121,130,755
Net silver in treas’y
U. States notes....(Asset) 33,8X0,202
8,430,000
Certificates issued.......
250,000
Certificates on hand...
8,180,000
Balance«... .(Asset)
Pu b l ic D e b t
a n d in t
J a n u a r y 81, 1887.
Asset» and
Liabilities.
Total gold ........... (Asset) 275.088,626
Certificates issued...... 124,214,595
Certificates on hand... 24,250,2-0
Certiflc’s, net.(Liability)
Net U .-.notes in treas
National Bank notes. ....
Deposits in Nat. Banks..
U E x-rights?
THE DEBT STA TEMENT FOR FEBRUARY, 1887.
Aggregate.
295
106,665,107
198,840,822
125,063,102
0,737,388
81,682,188
25,689.202
217,922
19,726,598
118,315,714
33,003,182
8.820,000
k o .ooo
8,720,000
3 0 4 ,4 4 6 ,i n
.—
2,058,897
interest due,unpaid...
7,933,059
Accrued in te e st
0,530.845
Matured <>ebt..............
201,300
ib ter’t <n matured debt
Called b ’ s n t matur’d
22,755,549
an . balance o f int
8,010
Debt bearing no inter’st
lnt. oa Pao. HR. bonds
53,490
due, unuaid....
640,235
A cc’d lnt., Pac. RU. b ’ds
$0,525,108
24,283,682
290,409
19,058,660
‘¿ 9 4 , 6 3 4 , 2 9 1
2,484,851
4,842,582
7,810,325
208,787
23,056,420
3,500
59,520
323,118
Debt and lnt .(Liability) 40,183,857
3,510
Fract’l i-nr’cy redeemed
58,008
Int.ch’cks & coupons p’d
38,234,103
3,600
186,372
61,584
Debt and inter’st.(Ass«t)
D’ bt&i nt.net(Liatnlity)
Res’ve for red. u .8. notes. iÖO,000,000
Fund held fo r red» mp. o f
98,760,840
notes o f Nat. Banks
Fund held for redemp. o f
90,034
Nat. gold bank notes...
Five p. c. f ’ nd for redemp
8,794,286
o f Nat. Bank notes......
139,872
Redemp.res’r. (Liability) 202,645,160
Nat. Bank notes in pro
cess o f redem p...(Asset) 2,854,639
Net res’rv es.(IAabUlty)
4,407,019
Post ( ifilce dep’t account.
Dlsburs’g Officers’ bal’ces, 32,410,837
Undistrib’d ass’ts o f fail’d
729,550
National banks...
Currency and minor coin
172,415
redemption account...
Fractional silver coin re
1,260
demption account...... .
Redemption and exch’ge
267,043
account................
Treasurer’s transf’r ch’tcs
5,184,078
and drafts outstanding.
Treasurer U. \ , agent for
246,580
paying lnt. on D-Ool.bds
168,475,862
193,963,783
4,877,039
40,122,273
iöö,ooo,ooo
, J.
38,094,281
89,049,116
90,979
8,487,113
197,627,207
4,399,913
199,'90,521
4,707,622
21,144,095
193,317,294
863,320
1,021
14,440
493,911
5,700,289
575,838
T otal ........ (liability) 43,435,382
5o,9äO
lnt. on D.Col.bds pd (Asset)
33,561,142
118,497
N et.............(Liability)
43,384,402
B a l a n c e s . .(L ia b ilit y )
4 8 3 ,4 9 7 ,1 0 0
9 6 4 ,8 5 4 ,1 7 6
N et b a l a n c e — (A sset)
Assets uot available—
Minor coin.....................
Subsidiary e lv e r co in ..
1 9 ,1 4 8 ,9 7 3
" 4 7 ,7 8 6 ,6 5 1
Aggregate net. Asset,
38,442,645
113,243
26,482,472
106,903
26,323,525
45.744.W90
54.210.47
THE CHRONICLE
296
RAILROAD EARN IRQ S.
Twenty-five roads have reported their earnings for the full
month of February, and only four of them show smaller totals
than last year. The net amount of gain is $564,085, equal to
9*13 per cent.
Month of February.
Increase.
1886.
1887.
Decrease.
$
$
4,478
3,031
9,520
15,542
47,664
11,966
171,522
176.000
Buffalo N. Y. & Phila . . . .
116,222
113,191
Buf. Koch. & Pittsburg-..
49,080
39,560
Cairo Vin. & Ohio.............
501.000
485,458
Canadian Pacific.............
157,869
110,205
Chicago & Atlantic..........
129,042
141,008
Chicago & East. Illinois.
Chio. MU. & St. P au l....... 1,525,000 1,563,901
207,127
226,198
Cincinnati Ham & D ay..
540,940
427,747
Denver & Rio Grande___
196,256
182,686
Ind. Bloom. & Western..
153,691
138,119
Long Island................ .
172,225
137,820
Louisville N. O. & Texas.
596,420
547,568
Manhattan Elevated)....
388,240
277,581
Mexican Central...............
100,532
158,554
Milwaukee L. S. & West..
64,360
45,488
Milwaukee & Northern . .
35,986
41,357
*N. Y. City & Northern..
76.504
85,549
N. Y. Ont. & Western. . . .
276,592
203,771
Norfolk & Western..........
514,560
594,240
Northern Pacifio...............
43,979
45,928
Ohio Southern..................
74,829
113,016
St. J ob. & Grand Island..
397,079
302.605
St. Louis & San. Fran—
67,385
81,355
St. Paul & Duluth............
51,634
77,580
Toledo & Ohio Central...
increase in dry goods and a decrease in general merchanHio^.
The total imports were $9,833,920, against $9,812,895 the niT
ceding week and $9,583,474 two weeks previous. The exrarL
for the week ended March 1 amounted to $7,870,140
$4,294,047 last week and $5,192,308 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Feb. 24, and for the week ending (for general
merchandise) Feb. 25; also, totals since the beginning of the
first week in January;
FOREIGN IMPORTS AT NSW TORS.
38,901
Ì9.071
113,193
13,570
15,572
34,405
48,852
110,659
58,022
18,872
5,371
9,045
72,821
For Week.
1884.
Dry Goods........
Gen’lm er’dise..
$1,887,984
6,351,090
Total...........
Since Jan. 1,
Dry Goods........
Gen’lm er’dise..
Total 8 weeks..
1,949
94,474
13,970
25,946
1885.
1886.
$2,884.169
5,043,594
1887.^
$3,806,578
7,857,400
$3,611,215
6,222,705
$8,239,074
$7.927,763 $11,663,978
19,833^920
$22,330,170 $19,039,584 $21,480,589 $24,518,696
45,837,713
36,762,245
46,397,232 46,552,971
$68,167,883 $55,851,829 $67,877,821 $71,071,657
79,680
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending March 1, 1887, and from January 1 to date:
38,187
EXPORTS FROM NEW TORS FOR THE WEEK.
1884.
........
734,423
564,085
Total (25 roads)......... 6,744,322 6,180,237
Net increase (9’13 p. ot.l.______
* Four weeks ended February 26.
xuv§
[VOL.
170,338
...............
For the w eek...
Prev. reported..
Total 8 weeks..
1885.
$5,046,465
42,051,762
1886.
$5,369,353
47,372,015
1887.
$5,246,043
39,195,595
$7,870,140
36,672,979
$47,098,227 $53,241,368 $44,441,638
$44,543,119
For the third week complete returns show earnings of
The following table shows the exports and imports of specie
$8,840,753 this year against $3,016,849, a gain of $323,904, or at the port of New York for the week ending Feb. 26, and
10*74 per cent.
since Jan. 1, 1887, and for the corresponding periods in
1886 and 1885:
3d week of February.
Prev’ly rep’ted (21 roads)
Burlington C. R. <fe No...
Cairo Vincennes & Chic..
Cin. N. O. & Texas Pao...
Alabama Great So.......
New Orleans & N. E ....
Vicksburg & Meridian..
Vicksburg Shrev. & Pac.
Cincinnati Rich. & Ft. W.
Cincinnati Wash. & Balt.
Cleveland Akron & Col..
Col. & Cin. Midland.........
Des Moines & Ft. Dodge.
East Tenn. Va. & Ga......
Evansville &. Terre H ....
Flint & Pere Marquette..
Florida R’way & Nav. Co.
Ft. Worth & Denv. City..
Grand Rapids & In d .....
Grand Trunk of Canada..
Houston & Texas Cent...
Indiana Bloom. & West..
Kansas City Fort S. & G.
Kansas City Spr. & Mem.
Kansas C. Clin. & Spr—
Lake Erie & Western... .
Louisv. Evansv. & St. L ..
Louisville & Nashville...
Louisville N. Alb. & Chio.
Louisville N. O. & Texas.
Marquette Hough. & On.
Memphis & Charleston...
Mexican Nat. (So. Div.)..
Michigan & Ohio..............
Minnesota & Northwest.
N. Y. City & Northern ...
Ohio & Mississippi... . . . .
St. Joe. & Grand Island..
St. Louis Alton & T. H.
Branches.......... ..........
St. Louis Ark. & Texas ..
Wabash St. L. & Pacifio..
Wheeling & Lake Erie___
Wisconsin Central...........
Minn. St. Croix & Wis..
Wisconsin & Minnesota
1886.
1887.
Increate.
$
1,351,198
51,632
11,420
48,144
23,093
10,641
11,154
10,486
7,786
35,218
8,001
5,064
9,378
83,509
13,937
37,342
19,019
7,358
34,591
290,048
34,288
53,943
42,910
26,466
4,340
24,887
15,257
261,750
29,157
35,091
6,347
31,941
17.866
3,725
5,771
9,154
79,680
39,660
21,751
15,945
34,571
115,209
9,532
22,654
3,425
2,510
$
148,800
3,340,753 3,016,849
384,392
323,904
$
1,470,601
48,734
14,355
59,016
29,499
13,777
11,034
10,262
7,706
43,514
9,120
6,060
6,522
99,702
14,269
46,416
26,804
9,712
36,035
311,593
45,957
51,463
42,766
33,088
5.869
24,815
17,391
288,830
38,281
43,443
9,580
32,026
22,543
4,650
13,023
10,358
103,481
20,903
27,024
17,340
43,642
111,749
12,695
27,379
6,318
11,408
Nefrin crease (10-74 p^t.
Decrease.
2,935
10,872
6,406
3,136
8,296
1,119
996
Ì6,Ì93
332
9,074
7,785
2,354
1,444
21,545
11,669
6,622
1,529
2,134
27,080
9,124
8,352
3,233
85
4,677
925
7,252
1,204
23,801
5,273
1,395
9,071
3,163
4,725
2,893
8,898
$
29,397
2,898
120
224
80
2,856
2,480
144
72
46718
100%
100%
7907%
1111«
131
641«
94%
35%
1321*
5938
Pennsylvania
Philadelphia & Reading 19%
11638
New York Central.
liv e r , p e r o x . . . . .
Consols fo rm o n ey ... . . .
Consols for aooount.....
Fr’ch rentes (in Paris) fr
U. 8. 4 i* b of 1891.........
U. 8. 4s of 1907............
Canadian Pacifio.........
Chio. Mil. & St. P au l...
Erie,common s to c k ...
Illinois C e n tra l...... . .
Mon.
Tue».
Wed.
467ie
100%
lOUie
79-50
1116a
1311*
467ia
lOUlaie
101
79*75
llli*
13138
623s
93%
35
133
59%
19%
1156s
463j8
1001 he
100l5i«
79-52%
11078
130%
62%
94
347a
133
59%
19%
115%
6314
93%
35
133
5918
1918
115%
Thur».
Tetal 1887.
Total 1886.
Total 1885.
Silver.
Great Britain. . . . . .
France................ .
G erm any...............
West In dies............
Mexico...........
South A m erica .....
All other countries.
Total 1 8 8 7 ....
Total 1886.__
Total 1 8 8 5....
Week.
Since Jan.1.
631,025
730,400
$38,058
4,424
945,405
825,487
131,860
15,000
863,054
133,458
$1,578,107
992,589
356,910
2,412
264,591
2,712
35,360
78,805
130
2,050
$1,516,285 $2,809,886
7,629,517
1,219,571
2,933,367
227,395
$37,902 $3,275,764
135,862
1,710,938
125,792
2,992,035
$ 8 ,0 0 0
$141,250 $1,235,750
201,742
26,200
5,800
12,053
16,263
364
9,286
9,471
42',ÖÖ9
1,225
169,699
13,350
108,377
$55,234
41,736
17,468
$292,651
176,729
151,072
13,225
$167,814 $1,493,365
284,434
2,615,618
2,515,624
205,481
|auMu0 auxl ffittîmjcial.
3,460
United States Government and other desirable
SECUR ITIES
60,488
I N V E S T O R S
Fri.
46
46
100111« loOllia
10016,« 10016,«
8005 79-82%
1113s 111%
1313s 131%
6178
61%
946s
94%
34%
34%
133
133
59%
59%
196s
19%
115% 116%
C o m m e r c i a l a n d la ts c B lX a tte c tta f je u r s
I m p o rts a n d E x p o r t s f o r t h e W e e k .— The imports of last I
week, compared with those of the preceding week, show an
F r a n c e .... ...............
Germany.......... ..
West In dies....... .
M e x i c o .......... . . .
South A m erica .....
All other countries.
Import».
Since Jan. 1.
18,757
The daily closing quotations for securities, &c., at London
are reported by oable as follows for the week ending March 4:
Sat.
Week.
Of the above imports for the week in 1887, $8,153 wers
American gold coin and $9,726 American silver coin. Of
the exports during the same time $119,260 were American
gold coin and $5,600 were American silver coin.
F in a n cia l M a m e ts —Per Cable.
London.
Export».
Gold.
Great Britain.........
aauuetarög© om m zvtm l gugiisft fjleros
E n glish
EXPORTS AND IMPORTS OF SPECIE AT NEW TORS.
All stocks and bonds listed on the New York Stock Exchange bought
and sold on commission for cash.
___
Deposit accounts received and interest allowed on monthly balances
subject to draft at sight.
H A R V E Y
28 N a s s a u
WE
FISK
&
Str eet, N e w
OFFER
FOR
SONS,
Y ork.
SALE
KALAMAZOO STREET RAILWAY FIRST MORTGAGE 6 PEE
CENT BONDS, price, par and interest.
KNOXVILLE & OHIO FIRST MORT. SIX PER CENT BONDS.
FORT SMITH <&VAN BUREN BRIDGE BONDS, G u aranteed, Pita®*"
pal and Interest, by the St. Louis & San Francisco Railroad, 106
a n d interest.
GRAPE CREEK COAL COMPANY’S FIRST MORTGAGE SIX PER
CENT BONDS, 95 and interest.
For further particulars call on or address
G R IS W O L D &. G IL L E T T ,
NO. 3 WALL STREET, NEW YORK»
M arch
THE CHRONICLE.
5, 1887.J
J 'b e
ja n k e r s '
buying 1-16 discount, selling 1-16 premium; Charleston buying
1-16 premium; selling
premium; New Orleans, commer
cial, 50c. discount; bank, $1 prem. ; St. Louis, 50@75c. dis
count; Chicago, 75c. discount.
The rates of leading bankers are as follows :
© a c e tic .
D I V I D E N D S .
Ibe following dividends have recently been annonnoed:
P er
C ent.
Name o f C om p a n y.
R a ilr o a d s .
Atlanta & Charlotte Air Line.
We?t Jersey ............................
^ est Jersey & A t la n t io ............
B ook s C losed,
W hen
Payable. ' (D a y s in clu siv e.)
• 1
2*3
3
2*3
Mar. 15
Mar. 1 5 ................................
W A L L STREET, F R ID A Y , March 4, 1 8 S T -5 P. M.
The Money Market and Financial Situation.—1
There has
been some apprehension lately that we are going to have a close
m0ney market, owing to the decrease in the bank reserves. It
is often the case that there is a temporary stringency in money
about the first of April, but at the present time, when specula
tion is not active and the condition of affairs generally sound,
;t would be quite extraordinary if we should have anything
more than a few days of stringent money.
In one direction, however, there is likely to be a good de.
mand for money throughout the spring and summer months, and
that is for the construction of new railroads.
The great cor
porations have committed themselves to the building of a large
extent of new mileage this year, and money must be raised by
the sale of securities to carry forward this new work.
The adjournment of Congress will certainly be considered
the greatest event of the present week, for notwithstanding the
respect with which our national legislators as individuals may
be regarded, the business community has a wholesome dread of
them when “ in Congress assembled,” with all their known
capacities for strange and wonderful legislation on financial
subjects ; the present session closes leaving the Inter-State
Commerce law and the Trade Dollar law as the chief monuments
to perpetuate its memory in Wall Street.
The export of gold that was talked of has not yet taken
place. Europe is not now a seller of our securities, while our
exports of grain are unusually large, and these circumstances
combined have caused a reduction in the rates of foreign
exchange.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 2 to 7 per cent,
the usual rate to stock brokers being
per cent; to-day the
rates were 4@7 per cent. Prime commercial paper is quoted at
5@5^ per cent.
The Bank of England weekly statement on Thursday showed
a gain in specie of £204,000, and the percentage of reserve to
liabilities was 46‘08, against 50*15 last week; the discount rate
remains unchanged at 4 per cent. The Bank of France lost
8,625,000 francs in gold and gained 1,125,000 francs in silver
The New York Clearing House banks, in their statement of
February 26, showed a decrease in surplus reserve of $4,086,200
the total surplus being $11,393,000, against $15,479,200 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:
Loans and die.
Specie...........
Circulation...
Set deposits..
Legal tenders.
Legal reserve
Reserve held.
Surplus..........
Feb. 26.
1887.
Differences/W m
P rev io u s W eek.
$368,413,500
87.068,800
7,606,700
387,462,800
21,189,900
$96,865,700
108,258,700
Inc .*1,063,500
Dee. 4,578,400
Dec.
39,900
Dec. 4,316,000
Deo.
586,800
Dec.*l ,079.000
Deo. 5,165,200
1886.
F eb . 27.
1885.
Feb. 28.
$349,677,000 $298,590,600
92,343,600 101,664,400
8,666,100 10,907,900
390,252,100 350,667,800
31,157,200 35,123,200
$97,563,025 $87,666,950
123,500,800 136,787,600
$11,393,000 Dec. $4,036,200 $25,937,775 $49,120,650
Exchange.—The sterling exchange market has been very quiet
most of the week, and the demand by remitters has been very
limited. Added to these facts, the offering of grain and other
commercial bills has been considerably larger. As a result
rates have been rather weak, though the posted rates are quoted
only one-half a cent lower than last week, some drawers even
maintaining the old rates.
To-day the rates on actual business were as follows, viz.:
Bankers’ 60 days’ sterling, 4 84£@4 85; demand, 4 87f @4 88.
Cables, 4 88£@4 88f. Commercial bills were 4 83@4 83£;
Continental bills were: Francs, 5 21f @5 22^ and 5 19f@5 20;
reiehmarks, 95£@95£ and 95f@95$; guilders, 40@401 and
40£@40f.
The following were the rates of domestic exchange on
New York at the under-mentioned cities to-day: Savannah,
297
March 4.
Sixty Days.
Primebankers’sterllng bills on London.
Prime com m ercial............. .....................
Documentary com m ercial. . . . . . . . . . . . . . .
Paris (fra n cs)... . . . . . . . . . . . . . . . . . . . r. . . . .
Amsterdam (guilders)___ . . . . . . . . . . . . . .
Frankfort or Bremen (relohmarks)........
4 85*3
4 8 3 »stt4 88%
4 83 04 83*4
5 22*s® 5 21% 5 2O%05 20
40 i6 040*8
4O1404O»ia,
9 5 * 8 '* 9 5 * 4
I 9 ft8 o v »9 5 %
Coins.—The following are quotations in gold for various coins:
Sovereigns...........$4 84 ®$4 88
Napoleons........... 3 85 9 3 89
X X Relohmarks. 4 74 ® 4 76
X Guilders.......... 3 96 ® 4 00
Span’hDoubloons.15 65 0 1 5 75
M ex.D oubloons..!5 58 0 1 5 65
par ® *4 prem
Fine gold bars...
Fine sliver bars .. 1OO%0 101%
Dimes & *a dimes. — 99*«® par.
Silver *48 and *ss. — 99% a ---------Five f r a n c s . . . . . . — 93 ® - 95
Mexican dollars.. — 78*33 — 79*3
Do uncommero’l. — 78 ® — 7 9%
Peruvian s o ls ..... — 73*4® — 74*a
English s ilv e r. . . . 4 80 » •» 84
U. 8 .trade dollars
99 0 — 99*a
D. 8. silver dollars — 99%® 100
United States Bonds.—Government bonds have not been
very active as a rule, though a slight increase in the business
was noticeable at times. Prices have been a little weak and
tending downward, though no decline of moment has taken
place.
The closing prices at the N. Y. Board have been as follow?;.
In terest
P eriod s.
4*ss, 1891........... re*- Q.-Mar.
4*ss, 18 9 1 ........ coup. Ö.-Mar.
4s, 1907............... reg. Q.-Jan.
4s, 1 9 0 7 .......... coup. Q.-Jan.
3s, option Ü. 8 __ reg. Q.-Feb.
6s, our’ey, ’95__ reg. J. & J.
6s, cur’cy, ’9 6 __ reg. J. & J.
6s, our’ey, ’97— reg. J. & J
6s, cur’cy, ’98__ reg. J. & J.
6s, cur’cy, ’99....reg. J. & J.
Feb.
26.
Feb.
28.
M ar.
1.
M ar.
2
M ar.
3.
M ar.
4.
‘ 109*4 *109*8 *109*8 108% *109 . *108%
109 *109 *108%
*110% *110*4 xl09
*128% 128% *x27J4 *127*8 127*3 *127*«
128% 128*2 *123*2 128 * 128*3 *128*9
*100*8 "100 *100 *100% *100% *100*Q
*126% *126*o *126»« *126 *126% *126*«
*129*4 *129*4 *129*4 *129 *129*4 *129%
*132 *132 *132 *13l*s *132 *132
*134% *134% *134% *134 *134% *134%
*13« % *137% *137% *136 *136% *136%.
* This Is the price bid at the morning board: no ta le was made.
State and Railroad Bonds.—Virginia deferred bonds con
tinue to be the leading feature of the State bond market, and
they have been quite active at times during the past week.
They have also been strong and advancing, closing to-day at
13£, against 12J last Friday. Other classes have not shown any
particular activity or fluctuations.
During the early part of the week the railroad bond mar et
was rather dull and featureless, and a few classes of bonds were
weak, in sympathy with stocks. Toward the latter part of the
week, however, the business increased, and prices became quite
strong for all classes. There were few bonds conspicuous for
speculative activity, however, and the business was well dis
tributed over the market. The bonds of the Green Bay Winona,
& St. Paul road became active, and advanced in connection with
a like movement in the stock, referred to below. The Union-,
and Central Pacific bonds also advanced sharply, on a rumor
that the companies would be authorized to invest their surplus
in these bonds.
Railroad and Miscellaneous Stocks.—The stock market
has been dull during the past week, and the strong tone
noticeable the previous week has not continued. In the early
transactions prices were generally weak, several unsettling fea
tures contributing to this result. Among these were the fears
of an extra session of Congress, and of possible stringency in
the money market, the latter arising from the unfavorable bank
statement of last Saturday. The active speculation and sharp
decline in cotton oil trusts also assisted in unsettling the stock
market, though they are sold only among the “ unlisted” stocks.
The bears, however, take advantage of any unfavorable feature
to assist their operations, and they have also been aided by a.
temporary lack of support from the bulls and the absence of
outside buying.
After the first few days, however, the market improved
somewhat, and the weakness was followed by a partial re
covery, though there has been no general advance, as there had
been no important decline. The market during the latter partof the week has been irregular, though tending upward. The
certainty that Congress would not be reassembled and tfie
dissipation of fears of tight money, at least for the present, as.
well as the advance in certain stocks under special influences,
all contributed to the better feeling. Of special features theror
were few. During the weakest spell of the market—on Tues
day—Richmond Terminal and the coal stocks were the most,
active, the former declining sharply, though there is nothing,
now of importance in relation to this stock. Reading has.
latterly been favorably affected by the success of the reorgan
ization plan. Union Pacific was depressed and somewhat freely
sold early in the week, in anticipation of the passage of the
Investigation bill, but it advanced later when the passage of
the bill was definitely announced, probably because it had been
over-sold. Milwaukee Lake Shore & Western common and pre
ferred have been somewhat prominent of late and have sharply
advanced, and on Thursday Green Bay & Winona also advance«*
on rumors of an alliance between the two companies. ~
THE CHRONICLE.
29S
[VOL. x u v ,
STOCKS-PRICES AT N. Y. STOCK EXCHANGE FOR WEEK ENDING R A R C H 4, AND SINCE JAN. 1, 1887.
HIGHEST AND LOWEST PRICE8.
STOCKS.
Saturday,
Feti. 26.
Monday,
Feb. 28
Tuesday,
Mar. 1.
Wednesday
Mar. 2.
Thursday,
Mar. 3.
A c t iv e m U , s t o c k s .
12
A tla n tic A P a c ific .....................
02
C an adian P a cific.......................
59%
C an ad a S ou th ern ......................
C en tra l o f N ew J e r s e y ............
69%
37
C e n tra 1P a cific ..........................
*8%
C h esap ea k e & O h io ..................
14%
Do
1 st p re f
*9%
Do
2 d p re f
"C h ic a g o B urlington & Quincy, 138%
91%
C h ica g o M ilw aukee A St.Paul
Do
prei
C h ica g o & N o r t h w e s t e r n ___
115%
Do
p re f *141
C h ic a g o Root« Island A P a citic 126%
*16%
C h ica g o Hi, L ouis A P ittsb u rg
*38%
Do
p re f
49%
C h ica g o St, P a u l M in. A Om
Di»
p ref.
64%
CleveJandC'>l.Cin.& Indianap.
35
C olu m b u s H o ck in g V a l.A T o i
Delaw ace L u k a w a n n a A W es 135*8
25%
D en vi r & R io G ., assesstn’t pd
Do
p re f
»0*8
13%
E a s t T en n essee V a. & Ga. R ’.».
Do
1 st p ref. *76%
26
Do
2 d p re f
E v a n sv ille & T erre H a u te ___ *86%
O r e e n b a y ** ic o n a A 8t. Paul
H ou ston A T e x a s C e n tra l____ *37
lU iuol* C en tra l.......................... . 129%
l u d . B loom , A W est., ass. p d . .
17%
95%
»Lake Shore A M id i. Southern.
L o n g Isla n d ................................. *96
L ou isv ille A N a sh v ille.............
61*8
L ouis. Ni w a lb . A C h ic a g o ...
Meinpni A Gnarleston..........
Michigan Central...................
'»Mil. Lake Shore A West........
Do
prei
Minneapolis A St. Louis.......
Do
pref
Missouri Kansas A Texas__
Missouri Pat itto.....................
Mobile A Ohio........................
Naehv.ChattanoogaASt.Louif
New Vi.rk Ce oral a Hudson
New York Cliio. A St. Louis..
Do
pref.
New York Lake Erie A West'i
Do
pref.
New York A New England...
New Y tb. Ontario A West...
New York ousq. A Western..
Do
pref
Norfolk A Western................
Do
pref.
Northern Pacifio.. . . . . . .
Do
pref.
Ohio A Mississippi.................
Oregon <Si Frans-Continental
Peotia Deoatur A Evansville
Philadeipaia, A Reading.......
Do
prei
11% 11% 11*8 11% 11% 12%
12% 11% 12
62% 61% 62
60% 61
61
61% 60% 61%
58% 59
59 % 58% 59
58% 59% 59% 59%
0¡»% 68% 69% 67
68% 67
68%
68% 68
36% 36% 35% 36% 35% 36% 36% 36%
37
8%
*8
9
*8
9
*8
*8
9
14% 14% 14% *15
16
*15
15
15
11
*9% 11
*9% 11
9% 9%
*9% 11
139
138 13 % 13778 138
92% 91% 91% 90% 91% 91
92%
92% 92
*120 121
120 120% 121 121
121 121%
H5% 114*8 115% 114% 11478 114% 115*8 115% 115%
141% 142 *141 142% ‘ 141
141% *141 142
126% 126% 126% 126% 126% 12578 125% 126 126
17% *17
18
*16
18
*16% 17%
*38% 40
*38
39
*37% 39
49% 48% 49
48% 48% 48% 49
49
49%
108% 108% 108 108
108% 108% *108% 109%
64% 64
64
63% 63% 64
64%
35% 34% 35% 3 > 35% *35
35% 35%
36
136% 135 136
134 135% 134*8 135% 134% 135%
25% 25% 25% 24% 25
25% 25% 25% 25%
60% 59% 60% 59% 60
59% 61% 60*8 61%
13% 13*8 13% 13% 13% 13*8 13*8 13% 13*e
77% 76% 76% 75
76% 75% 75% 74% 74%
26
25% 25% 25
25% 25
24% 25%
25
87
86%
13% 13% 12% 12% 13% 13% 13% 15%
42
*36
4-2
*35
40
129%
129% 1.9% 1 2 9 h » 1 291o
17% 18% 18% *17% 19 '
22% 22%
94% 95% 94
96
9478 94% 95% 95% 96%
97% 97% 97%
97% 97% 96
96
62
61% 61*8 60% 61% 607a 62
61% 62%
62
63% 62
62
61
61
62
62
157% 157% 157 157% *156 157% 156 156% 156 157
57% 57% 55% 55%
57
57
90% 39% 89% 88% 88% 88% 89% 90
90
91%
73% 75*8 74% 75% 75
76
75% 82
81% 84*8
102% 104
102% 104
102 103% 103 107
106 108
*18
19
*18% 19
*18% 19
*18% 19
*18
19
43% 43% 42% 42% 43
*43
44
43
43
43
31% 32*8 31% 31% 3078 31% 30% 32
31% 31%
109 109% 108% 109% 107% 1087s 1077s 10S% 108*8 108%
15
*16
17% 15
*16
17
16% 16% 16% 16%
83% 84
83% 84
83
83
*82% 85
83% 83%
113% 113% 112% 113% 112 112% 112% 113% 113% 113*8
7% 7*8
6*8 7%
7% 7»b tl7*8 17*8 17% 17%
20
20
18% 19*8 18
19
29% 30
130
30
34% 34% 33% 34% 33% 34
34%
33*8 34% 34
72% 73*8 72% 73
71% 72% 72
73% 72% 73
61% 62
6078 ¿2
597e 61*8 60% 61% 61% 62%
17 7e 17% 17% 17% 17*8 17*8 17*8 17*8 17% 18%
13
13% 12% 13
12% I2 7e 12% 12% 13
13%
36% 30% 35% 36
34% 35% 35% 36% 36% 37*8
22
*20
21% 21% 20*8 20*8 20% 2 0 * r 21
21%
47% 48% 47% 48
47*8 47% 48% 48% 48% 48%
28
28% 28% 28
28
28
27% 28% 27% 28
59% 60% 59% 59% 58% 59% 58% 59*8 59% 59%
277s 28% 27% 27% 27
27% 27
27*8 27% 27%
32
32% 31% 32% 32
32% 32*8 32*8
32% 33
35% 35% 35
35% 35
35
35% 35*8 34% 35%
37% 38% 36% 37% 36% 37% 36*8 38
37*8 38%
11*8 11*8 10% 10%
42% 43% 42*8 43*8 40
43
40% 42% 41% 42%
77
74% 74% 74%
787e 78% 77
75
76% 74
89
89
87
87
32*8 32% *31% 32% 31% 32% ‘ 31% 32% 32% 33
65% 65
*65
6>
65% 6 6
66
66
6578 66
112% 112% 113 113
113 113
113 113 *112% 113
62
63% 61
61% 60% 61
61
61
61%
61
*109 110 *109 109% *109 110
109% 109% 109% 109%
116% 116% 116 116
115 115%
27%
28%
28
28*8
27% 28% 27% 28*8
2 % 28
57% 58% 57
57% 56*8 57% 57% 58*8 58
59%
17% 18*8 17% 18% 17% 18
17% 17%
18
18
*30
30*8 30% 29% 30% 29% 30% 29% 30
31
St. L o is A S an F ra n cisco.
Do
prof
Do
1st
Lstprei
St. Paul A D u lu th .
Do
p r e f ...............
St. Pan M inneap. A M anitoba
T ex a s A P acific, 2 d ass. p a id
U n ion P a cific...............................
W ab. St. L. A P .,P . Com . repta.
Do
p re f.
M is c e lla n e o u s S to c k s .
Colin a d o Goal A I r o n ...............
38% 38% 38% 38% 37% 38% 38
38%
84
C on s olid a ted G as C o .................
84% 84% 84
83% 83% 84% 84%
D ela w a re A H udson C a n a l... 102% 102*8 101% 101% 101*8 102
101*8 102
•Oregon Im p rov em en t C o .......
41% 41%
102 102
O r e g o n R a ilw a y A N av. C o ... 102 102
101*8 101% 102 102
P a c i f i c n a il ...............................
55
55% 54% 55% 54% 55% 55
55%
109
107 107
P h ila d e lp h ia C o., N ut. G a s___ 109
1 0 1 108% 108% 108%
147% 146% 146% *146 147
P u llm a n P a la ce Car C o ........... 147
147 147
W estern Union T eleg ra p h ___
74% 73% 74% 74
74%
74% 75% 74
h x p r e u S to ck s.
A d a m * . . . . . . ................................. 143
143
143 143
144 144 *142 144
A m e r ic a n .................................... *109
Lll
109 109
110
110
108% 108%
U n iie d Scutes............................... *63
64
*62% ¿4
63% 63% 62% 62%
W ells, c a r g o A C o ...................... 129 129
129 129
129 129
127% 128
In a c tiv e S to ck s.
A tch ison jlVpeka A Santa F e .
97% 97%
B oston
N. Y . A ir-L ine, p re f. * 1 0 1
102
*101
102
1 0 1 % 1 0 1 % * 1 0 1 ~ 102
Butta o R o d i. A P itts b u rg ___
41
42
42
42
*42% 44
42
42
C e d a r Fulls A M inn esota.........
16
16
17
*15
17% 17
C entral I o w a ................................
12
10
10
*8
12
*10
11
*10
C incin. lu d . St. L ou is A Ohio
101% 101%
C incinnati Wash. A Baltim ore.
5%
5% *5% 6 I 5
6
5 1 *5
*9
9% *9
9%
Do
p re f.
9% 9%
*8% 9*8
F o r t W orth A D e n v e r O it y ___
23% 24% 24
24
24% 25 I 25
25%
J oliet tstecl C o .............................
140 140
14 7« 147«
141a 1 5
M ex ica n t e n t r a i........................
1341» 136
M o r n s A E ssex............................ 138% 138% 138% i 38%
Quick rii v r M ining Co............
*6%
7%
*6% 7% *6% 7%
*6%
7%
31
*30
31
Do
p r e f .. *30
30% 30%
*30
31
St. L ou is A lt. A T erre H a u t e ..
*31
33
30
31
*29%
South C arolin a ..........................
14% 15
13% 13%
C am eron Iron A C oal...............
45 ' 45% 45% 45% 44% 45 ' 45
4v
Coltimi us A H ock in g C o a l___
37% 37% 37
37% 36% 37% *36% 37%
N ew Y m k A P erry C o a l.........
72
72% 72% 72% 71% 72*8
7178 72
T en n essee ( 'oal A I r o n ............. *45
45
47
45
47
45
46% 41
- 'V a r i o u s S t o c k s « A c . (Uni tâted.)
A m er. C ottoli1O il T ru st...........
57% 59% 47*8 55
43%
47
42% 50
P in e L u e C ertifica tes...............
61% 62% 61
62
64%
62
617a 65
L a k e E. A W est., p f. w h en iss.
60
60
60
59
59
*59
K in g ston .v P e m b r o k e ............. *39
39% ........ 39%
39% 39%
O h io, a Did. C oal R y ...............
*52% 54% 52% 52% *51
53
52% 52%
85% 85% 84% 84% *83
Do
p r e f.
85
*83% 85%
¿Boston H. A E r ie ,n e w .. . . . . . . I 14
15
12% 14% 14% 15% 15
15%
1
Tile» e are the prices bid and asked; no sale was made at the Board.
Friday,
Mar. 4.
11% 11%
59% 59%
58% 60
67% 70
35% 35%
9
*8
*15
15%
*9% 11
138 138
91% 92%
120% 120%
114% 115%
142% 142%
125% 125%
*16
17%
39%
*38
48% 49%
108% 108%
65
*64
34% 3 5 %
134 135*8
24% 25%
59% 60%
13% 13*8
75% 75%
*24% 25%
86% 86%
14
15
Sales
of the
Week,
Shares
98
98
102
100
8%
25%
*135
15%
134%
30%
*30
*44%
38%
72%
43%
46
62%
*59
40
52%
*84
15%
44
*1 0 1
L02
11
11
49
49
LOI
*5% 6
9
9
8%
27
27
27%
145 *135 145
1 5 7q *15
15%
135
7% 7%
30%
33
*30
33
13
13
45% 45
46%
39% 38% 39
72
72*8 *70
44
44
44
49%
63%
60
40
52%
86
16%
t Assented.
Highest.
10% Feb.
12% Jan. 3
59% Mar.
68 % Jan. 13
52% Feb. 1 63*2 Jan. 3
55% Jan. 3 71 % Feb. 1«
31 Feb. 3 43% Jan. §
8 Feb. 3 9% Jan. a
325 14% Feb. 26 17 Jan. 13
H 9% Mar. 2 . 11 ■« Jan. 20
734 13678 Jan. 13 140% Feb. 16
139,28b 85% Feb. 1 9278 Feb. 10
001 117% Jan. 8 121 % Feb. 25
22,160 110 Feb. 1 11618 Feb. 24
1 2 13S% Jan. 29 142% Mar. 4
800 125 Jan. 24 126% Jan. 6
16 Feb. l 18% Jan. 11
35 Jan. 27 41 Feb. 5
8,500 45% Feb. 1 51 % Jan. 7
1,0*49 106 Feb. 1 1097a Jan. 3
850 59 Feb. 1 65% Jan. 3
8,855 34 Jan. 22 39% Jan. 11
162,418 131% Feb.
138 Jan. 3
1,90 21% Feb.
28% Jan. 3
5,075 56% Jan.
66 Jan. 13
1,800 12% Feb.
17 Jan. 3
1,833 71% Feb.
82% Jan. 13
3,318 2 Ha Feb.
32 Jan. 3
400 86% Feb. 23 89 Jan. 3
21,493 12 Jan. 28 15% Mar.
42 Jan. 11 45 Jan. 3
790 I287a Feb. 24 135 Jan. 28
129 129%
23
23
959 17hI Feb. 4 23 Mar. 4
96% 78,’ 86 90 Feb. 1 96*8 Jan. 14
95
418 93 Jau. 15 98 Feb 8
61
6178 24,400 57 Feb. 3 67% Jan. 3
900 58 Jan. 22 65 % Jan. 8
157% 157% 2,535 154 Jan. 5 158% Jan. 3
600 51 Jan. 27 63% Jan. 7
90
91*8 2,932 86 Jun. 27 93% Jan. 3
8,750 6 6 % Jan. 6 84*8 Mar 3
81% 82%
106*8 107% 9,397 98 Jan. 4 10 s Mar, 3
*18
18%
17*9 Fßb.
20 Jan
43%
*43
310 40 »a Feb.
45% Jan
30*8 31% 28,71t 26 ta Feb.
o3%Jan. 3
108% 109*8 13,140 104öfj Feb.
110% Feb. 25
410 143b Feb.
19% Jan. 8
83% 83%
2,100 79% Feb.
8 8 % Jan. 3
113 113% 8,141 110 Feb.
114% Jan. 17
¿Ss Feb.
15 Jan. 15
17*8 17% 5,981
29
29
1,045 18 Mar.
28 jan. 13
34% Feb. 25
33% 34% 71,065 29*8 Fell.
74% Feb. 25
72% 73% 6,855 65% Jan.
61% 62*8 64,330 51 Jan.
62*8 Feb. 25
20% Jan. 3
17% 1778 1,220 15% Feb.
11
Feb.
14 Feb. 14
‘ 13
2,955
13%
36% 37%
38% Feb. 14
6,557 31 Feb.
510 17 »a Feb.
*20% 21%
23% Jan. 3
54 Jan. 13
48% 48% 4.600 43*8 Feb.
28% Feb. 25
28
1,735 20*8 Feb.
28
61% Jan. 3
58 7s 59*8 9,126 56i8 Feb.
27% 27% 4,800 22% Feb.
29% Jan. 3
34% Jan. 3
32
32*8 8,535 297s Jan.
36% Feb. 10
35
35
4.216 301a Jan.
42% Jan. 20
56,679 34 Feb.
37% 38
11% Feb. 18
600 8 Jan
53 Jan. 17
40% 42*8 127,275 40 Jan.
74
87%
Jan. 17
75
1,299
Mar.
75
95 Jan. 17
166 80 Feb.
30
33%
Mar. 4
Jan.
33%
4,585
33
6 % Jan. 15
66
66%
3,000 61 !a Feb.
117%
Jan.
8
112
Jan.
114 114%
1,<'37
63% Feb. 25
61
61%
2.600 55 !a Jan.
110
Mar.
4
107
Jan.
110 110
220
119% Feb. 19
116 116
730 113 Feb.
29%
Feb.
25
23%
Feb.
27% 28*8 17,220
62 Jan. 3
83,9 75 53 7s Feb.
57% 59
19 Jan. 3
16% 17% 3,700 1318 Feb.
35 Jan. 3
29
30% 7,600 23% Feb.
*142 144
143% 143%
*109 110% 1 1 0
L10
63% 63% 63
63
*128 131
129% 129%
43
Lowest.
3,720
7,075
7,38?
37,450
5,370
35ia Feb.
79 Jan.
100% Feb.
38 Feb.
96ia Feb.
48ia Jan.
105 Feb.
139ia Jan.
703e Feb.
40% Jan.
8 6 7a Feb.
104% Jan.
47 Jan.
104% Jan.
57% Feb.
115 Feb.
148% Mar.
76 Jan.
3
2
15
13
3
10
139% Jan.
107 Jan.
62 Feb.
126ia Jam
146 Feb.
110% Feb.
64% Jan.
130 Feb.
10
16
H
115 9688 Jan.
10 101 Jan.
1,105 33% Jan.
200 16 Feb.
700 10 Feb.
300 95 Jan.
125 5 Mar.
450 7% Feb.
4,388 21 ia Feb.
10 120 Feb.
1.500 13ia Jan.
1,341 134ia Mar.
6 % Feb.
100
300 28 Jan.
550 30 Jan.
1.400 13 Feb.
1.650 39ia Jan.
3,800 35ia Feb.
1.400 ¿219 Jan.
2.500 41 Mar.
99% Feb.
102 Feb.
49 Mar.
19 Jan.
15% Jan.
104 Feb.
7 Jan.
10% Jan.
41 27% Mar.
11 140 Mar.
5 1578 Mar.
2 141% Feb.
8 % Jan.
33% Jan.
35 Jan.
17 Jan.
49% Jan.
39% Mar.
72% Mar.
54% Jan.
14
14
4
7
10
19
13
14
4
1
3
U
10
12
20
38
38% 38
38% 4,235
84% 85% 84% 84% 2.216
102 102
101*8 102
3,035
40h»
200
102 102
101% 101% 1,430
55*8 55% 55% 56*8 16,2 .¡7
107 L07
106% 106%
300
147 L48% 148 L48%! 1,885
74% 75% 7478 7578
*101
Range since Jan. 1,1.887
49% :
47
62% 63*8/
38% 38%
53 ' 53%
16% Ï7%
330
175
175
147
42ia Mar.
60 Feb.
52
Jan.
550
815 37 Jan.
500
400
3,200
8
3
3
8
J,
27
3
2
14
64% Jan. 3
72 % Jan. U
63% Jan. 20
4 l 3g Jan. I?
THE OHRONOTLF.
March 5, 1887.]
29£
BONDS-LATEST PRICES OF ACTIVE BONDS AT N. Y. STOCK EXCHANGE, AND RANGE SINCE JAN. 1, 1887
R a ilro a d B onds.
Lowest.
H ighest.
25*2 F e «.
85*2 M ar
104% Feb.
9 2 M ar.
8 6 F eb
105*2 Feb
107*3 Jau.
1 *9 Jan.
1 05% Jan.
-3 % Jan.
110 Jan.
9 9 Jan.
113*2 F b
111 *2 F eb.
LO¿*s Jau.
112 Mar.
7«*4 Jan .
73*2 Jan.
2 7 Feb.
9 7 % Jan
101 Feb.
115 Jan.
1* *1*2 Jau.
106 Jau.
98
F -b .
98*2 Jan.
120*3 Jau.
128 Jan.
115 Feb.
Li 6*4 Jan.
105*3 Jan.
i 0 2 78 Jan.
139 Feb.
130 Feb.
117*2 Jan.
108 Jau.
108*4 Jan.
107% Jau.
l.iO Jan.
109 Feb.
120 *2 Mar.
126 Jau.
9 8 % Jan.
107 Jan.
98*3 F eb
8*2*4 M ir.
29*8 Jan.
9 0 Jan.
106*2 Mar.
95*2 Jan.
9 0 *s J an.
110 Jan .
112 Feb.
111% F*b.
107*2 Jan .
89
Keb.
116
Feb.
H>3 Feb.
118% Mar.
112 Jan.
10 1% Fell.
113 Feb.
-1
Jan.
7 5 *4 Jan.
32 Jan.
100 F b.
105*4 J an .
1 1 « Feb.
106 % Feb.
i0 8
Feb.
9 9 Jan.
l o i *3 F b.
2 z *2 j an.
130 Jan.
1 8 Feb.
109 Jan.
0 « 78 J i.n.
103% Feb.
142 Jan.
133 Jan.
1 20 Jan.
110 M ar.
110 Jan.
101*3 Jan.
135 Jan .
110*3 Feb.
122*4 lau.
I27*s J n.
102 Feb.
1 0
M ir .
102*3 Jan .
8 8 78 Jan.
118*3 Feb.
76 *4 F eb.
8 0 Jan.
7 5 % Mar.
7 5 Jan .
49*2 Feb.
98*4 Feb.
105 Jau.
133 M tr.
113*2 Jau.
115 Jan.
9 3 % Feb.
« 8*2 F. D.
88*4 Jan.
106
Feb.
110*2 Jau.
97*4 F eb.
92*8 Jan.
9 9 J an
3 8 Jau.
120% Jan.
101*2 Jan.
I u 8 % Jau.
1 12 % Jan.
108 Jan.
113 Feb.
9 4 Feb.
66*4 Ppb.
Lo7 F e '.
98 J.tn
119*2 Jan.
91*2 Jau.
77*2 Jan.
91
Jan.
30*4 Jan.
1 17 Jan .
93
Jan.
6 4 Jan.
95*4 Jan.
125*2 F . b.
122*3 Jan.
1 21 Feb.
113 Feb.
119 Jau.
105 Jan .
9 0 78 Jan-
120*3 Feb.
8 0 Jan.
i l *4 Jan.
78 Jan.
8 0 Jan.
55*9 Feb.
99% Jau.
108 Jan.
1 3 6 Jan.
115 Mar.
119 M ar.
1 00 J an
92 % J m.
9 0 % Jan.
1 06 Feb.
t ll
Jau .
l o o *8 Jan.
92*4 F eb.
103 Jau.
4 2% Mar.
122*4 J an
104*4 Mar.
110 Feb.
114% F b.
110 Jan.
1 13 F eb.
lo O F e » .
72 J m.
108*4 Jan.
9 9 *4 Jan.
1 2 4 % Feb.
9 7 F eb
8 6 Jan.
9 6 Feb.
3 4 % Jan.
118*3 Feb.
98
Feb.
7 2 F eb.
1 00 Jau.
128 Jan .
124 F e >.
121*3 Jan.
115 F eb.
121*3 Feb.
106 Jan.'
9 3 % Jan.
b. 107 J an.
104*2 Jan.
9 8 Jan.
109 J n.
9 5 F ib .
95*2
101
Jan.
118 «. 1 1 7 Jau.
110%
10978 Jan .
I i7 % Jan.
115*4b |114% F eb.
|122 Jan.
Pao. o f M o.—Is t,"ès. 1888.".’ " . |1o 2*8D 102*2 1102 Feb.
[108% Feb.
2d m ort., 7 s, 1 8 9 1 .................
108*4 Jan.
1 08 Feb.
9 9 ~ Mar.
110*3 Jan .
e 6*3 Jan.
102*4 M ar.
ll»
J ,u.
111
Feb.
130 F eo.
116*2 Jan
124 Feb.
1 05 Jan.
110 ja n .
i t i * p a c.— W. D. in o., 6 s, 1910
Guar.. 4s, 1 93 7 .........................nan. Sourli.—1st gu ar., 5s, 1908
2d, 5». 1 9 1 3 ............... . . . . . . .
ftan Iow a—1st, 7s. ’ 9 9 , cou p , oft
Central o f N. J .— 1st, 7s, 1 8 9 0 ..
Consol. 7s, 189 9 , a ssen t...........
Convert. 7s, 1 9 0 2 , asseut.........
Adjust 7s, 1 9 o 3 .. - - - - - .............
Convert, deb. 6 s, 1 9 0 8 . . . . . . .
Le’h & VV.B..ooi).7s, 1 90 9 .a s’n t
Am. D ock cte Im p ., 5s, 1921.
Central Pacific—g o ld 6 s. 1895-8
Sau Joaquin B r. 6s, 1 9 0 0 ..........
Land gran t «s . 1 890..................
cues. & O.—Pur. m. fu n d 6 s, ’ 98
6s gold, ser. B, 190 8 , cou p , oil
Exten. cou p ., 4s, 1 9 8 6 .............
6s, cu rrency, 1 9 1 8 .....................
Mort. 6e. 1 91 1 ..................... .—
Ches. O. & So. W .—5-6s. 1 9 1 1 .. .
C hicago* A lton—1st, 7s, 1 89 3 .
Chlc.Bur. & N o r .- 1st, 5s, 1 92 >.
Chic. Burl. & Q .—Deb. 5s, 1913.
Denver D iv is., 4s, 1 9 2 2 ...........
Chic. & Ind. Coal R ., 1st, 5s, '3 6
Ch.Mil & S t.P— 1st, I.& M .T s, ’ 97
Consol. 7s, 1 9 0 5 ..........................
1st, So. d in. D iv.—('8 ,1 9 1 0 .. .
1st, Chi. *& P a c.W . D iv—5s, ’ 21
Wis. & M in. D iv .—5s, 1921
Terminal 5s, 1 9 1 4 ................
Chic. <v N. W .—C onsol. 7s, 191 5
Gold, 7s, 1 9 0 2 .......................
Sinking fu n d e's, 1 9 2 9 ........
Biuking fu n d 5s, 1 9 2 9 ........
Feb. ¿5 sta r. 4
28
86%
105*4
9 4%
89*su.
1 0 6 *81).
I ll b
111 b.
106*2«.
8858«.
114*2
102*2 '.
1 14®b0.
1 1 .1*4 0 .
10 >*2
78
7 3 b.
28
9 9 78ii.
103 «.
116
106*4
108
98
1 0 0 *2«.
121 *3 «
128*2 «.
117 «.
107*4«.
106*4«
139 «
131 a
1 20 a.
109 l .
109 %a.
107*2 ».
Chi. R. I. & P a c.—6 s, c up. 1917. 181*3«.
109 *2 «.
Exten. & to l, 5s, 1 9 3 4 . .
1 2 0 % «.
Ch.St.P .M.& O .—C onsol.
St. Paul * 8 . C. —1st, 6s, 1919 ! 127 a.
1
Ch.öt.L.Ä P itts.—1st, con . 5s, ’ 32 00 «a.
109 *sa.
C. C. C. & Ind.—Gen. 6s, 193 4
Col. Coal & I r o n —1st, 6 s, 1 9 0 « .. 99
Col. H. Val. <&T o i.—Con. 5s, ’31 85*8
Gen. gold . 6 s, 1 90 4 ........
119*2«.
78%
1stco u .4 s , 1 93 6 . . . . . . . . . .
7 9 * ,b
Den.& R .Gr. W - 1 s t ,6 s, 1911
7 7 ».
Assented.................................
75*2b.
Den. 8o. Pk. & P a c.—1st, 7s, ’0
Det. Mac. & M.— Ld. g r.3 *23,19 1 1 5 3 %
E.Ten.V. & G. R y .—C on .,5 s, ’56 99*8
Eliz. Lex. & B . S an dy—6 8 ,1 9 0 2 . 107*2«
135 b.
Long D ock, 7s, 1 8 9 3 ............... 1 14 «.
Con. 6 s, 1 9 3 5 .......................... 118 b.
99*3
N.Y.L.E.&W—2 d con . 6s, e x o
Funded cou p on , 5 s, 1 9 o 9 . .. 9 0 b.
Ft. W. A D e n v .C . -1 s t , 6 s, 1921 90*4
107 b.
2 d M .,7 s, 190 5 ......................... . 1 10*2a.
97*2U.
West. D ivision — 1st, 5s, 1931
2d, t s, 1 9 3 1 ..............................
}Pn B. W. & St. P .— 1 st, 6 s, 1 911 93*2b.
40*4
2d incom e 8s, 1 91 1 ...................
121 b.
Gold, 6s. 1923.............................. 104
Henderson B r.C o.—1st, 6 s, 1 9 3 1 109*3«.
H.&Tex.O.—Is tM . L. 7s, cou . ofl 114*4
1st, West. D., 7s, 1 89 1 , cou . off. 10o% o .
113 «.
2d, consol. M. L. 8 s, 1 9 1 2 ___ 100
« 9 b.
Gen. m ort. 6 s, 1 9 2 1 .. ............
111. Central—1st, g o ld , 4s, 1951 107 b.
98 a.
Geld, 3*28, 1 9 5 1 .
. . . . . . ..
Ind.Bl. & W.—l s t .p r e f., 7s, 190( 122 b.
9 6 78
1st, 5-6s, 1 9 0 9 .............................
84
2d, 5 -6 8 ,1 9 0 9 .............................
Eastern D iv ision —6 s, 1 9 2 1 .. . 95*3b.
31*3
Income, 6 s, 1 9 2 1 .............
119*3».
Int. & Gt. N or.— 1st, 6 s, go
95*2«.
Coupon, 6 s, 1 9 0 9 .............
7 1 «.
9 6 b.
1 24 b.
kakeSli.122 %b.
lst, con sol., 5s. 1 9 3 1 ___
2d, 6 8 ,1 9 3 0 ............. ..........
E. H. & N.—1st, 6 s, 1 9 1 9 ..
General, 6 s, 1 9 3 0 .................
Trust B onds, 6 s, 1 9 2 2 ........
_ 10-40, 6s, 1 9 2 4 .....................
Eou. N. A . & O h . - 1st, 6 s, 1£
Consol., gold , 6s, 1 9 1 6 . . .
Mem. & Ch’lsto n —6 s, g o ld , 1
Metro. E levated.— 1st, 6s, 19
2d, 6s. 1 8 9 9 ..........................
Closing.
R a n g e sin ce Jan. 1.
C losing.
R ailroad B onds.
I11Ó b.
120*3«.
105 b.
9 0 b.
114*4b.
108*8
1 0 7 7sb.
98
1 09 a,
96*2
10
b.
118*4«.
1 1 0 *2 «.
ÌÌ129 b.
>115%
.1 2 4 b
2 7%
87
106*2
9 2 b.
9 0 b.
105 %b.
11*2
ill
10 .*2
» 7 b.
I13% b.
103
117*2
113*2 ».
10 % »
112
78
2 7 % «.
103*s".
105*2".
lo8 a.
10Ó b.
121*3 >.
129
,16*2«.
10, *4
106 u
13 1*2
1 j U % ».
119 b.
. 10 b.
tu9
1 0 , *2 «.
183 ».
1 0 9 *2b.
1 20%
12o*s
...........
110
8 8 *2 «.
119 u.
78*4
79*3«.
7 5 «.
75*ab.
53*21).
99*4
104*2 h
133
117
119 b.
99
90*2
107 b.
'.........
9 7 *2a.
91*2».
1 0 178
42
121 b.
lo3*2b.
106 % ».
114 b.
99*4».
68
9 6 b.
123
9 6 78
83*2«.
9 »% «.
33
120*4«.
96*4
70*2a.
9 b «.
128
1 2 2 %b.
122 b.
120%
105%
108
106
99
b.
Feb. 25 Har. 4
R a n g e sin ce ■fa n . 1.
Lowest.
Highest.
Mil. L k .S h . A W .—1 st, 6 s. 1921. 118*4« 119*4«. 118 Feb. 12 tk J a n .
114 Jau. 117 J a n ..
M ichigan D iv .— 1st, 6 s, 1924*. 116
132 Jau . 133 Jan.
Minn. * 8t . L —1st, 7s, 1 9 2 7 ... 132 *sb.
90 Jan.
8 ö 7s Feb.
9
0
lin o . & E q u ip .—6 s, 1 9 2 2 .........
96*3 F eb. 1 0 0 H Feb.
99%
M o K .& T e x .—C on., 6s, 1 9 2 0 ... 100*3
83*a
Feb.
8 8 % Feb.
87%
87%
C on sol., 5s, 19 '0 .......................
110*4«. 109*3 F t) 113k) Jan.
C onsol., 7 s, 1 9 0 4 -5 -6 ...................
'
10 .Tan.
110
a.
F,
b
L087,
109*2«.
M obile A Ohio—N ew , 6 s, 1 9 2 7 ..
1st, E xten sion , 6s, 1927........... 104 b. 1 05 b. 106 Jan. 1 0 6 J an .
Jan.
66*3
Mar. 1
6
4
b.
«
0
6
«
1 st prei. d e b en tu ies. 7 s ...........
84*i Feb.
85*3 F eb.
85*4
Mutual (Jn. Tele.—S. f., 6s. 1911 85
129*4
Jau.
J
an.
130
1
28
b.
Nash. Ch. & St. L .—1st, 7s, 1913
N .Y O u t r a l —E xtend., 5s. l « 9 3 I u 6 b. 106 Î). 105 kl Jau. 10«*3 F eb.
133k
■
31
H
Jan.
Jan.
133*4b.
133
b.
N .Y .C . * H —1st, o o .. 7s, 1903
106 Mar. 1 0 9 7 Feb.
Debenture, 5s, 1 9 0 1............... 1 0 9 78 1-7*4
N Y.& Har.— 1st, 7s. 1 9 0 3 ___ 132 b. 132*3". 131k F -b . 133 Jan.
85 Jan.
99*4 Feb.
97%
N. Y.Chio. „vSt. L.— 1st, 6s, 1 9 2 1 .. 9 7
7 0 Jan.
97
Feb.
2<1 i nor ., 6s, 1 9 2 3 ...................... 9 5 b.
« 5 * Jan.
7 3 % F eb.
7 1%
71%
N .Y . C ity & N o.—G en .. 6s, 1 91 0
123
Jan.
122
121*3 J an
N .Y. E levated — 1st 7s, 1 9 0 6 .... 1 2 2 7$ i
128 F eb.
N. Y. L ack. * W.— 1st, 6s, 1921. 127*3» 127*2«. 125*. Jan
Jonstruotion. 5s, 1923 ......... 107 «. 1<*778 . 107 Feb. 11« Jan.
107 *2 ». 107 Jan. 1 10% F eb.
N. Y. Ont. * W .— 1st. 6 s. 1 9 1 1 .. 110*9
F eb.
9 1k Jan.
95
N .Y.Sus. & W — 1 s t ,6 s, ’ l l cp .ofl 91 b. 9 4
7 2 b. 69 F eb.
71*4 Jan.
Debenture, 6s, 189 7 , co u p , oil
I
l
l
113
b.
Jan
.
112
Jau.
M idland o f N. .1.—1st, Hs. 1910 112 b.
75 * Feb.
k6 F e b .
84*4
N. O. P icitto— 1st, 68, 1 9 2 0 ......... 85*8
117
F
eb.
117
115
Feb.
N orth P acific— 1st, c o u p ..6 s, ’21 11- %
106%
103 73 Jan. 107*4 Jan.
G e n ’i, 2d, co u p , 1 9 3 3 ............... 106%
0 9 k F eb.
J am es R. Val. 1st, 6 s, 1 9 3 6 .. 108 «. 103 b. 1.06*2 Jan
10 4 .Inn. 105 Jan.
N. Pao. rer.C o — 1st, 6 s, 1 9 3 3 ... 104
118
b.
117
£i
L19*3
Jan.
Max.
O h i o * Miss.—C onsol., 7 s, 1898. 118 b.
118 J a . ,119 Jan .
¿11,001180' . 7s. 1 9 1 1 ................. 115 b.
Jau.
¡111*3
Feb».
109
Sprtugtieid D iv .— 7s, 190 5 . . . .
1st, gen eral, 5s, 19 <2.............. . 89 «. 9 Ï ”a.
104
b.
Feb.
107*2
J
a n ..
104
b.
L02
O hio Southern— 1st, 6 s, 192 1 . ..
2d, in o., 6s, 1 9 2 1 ....................... 41*31). 41 b. ■i O Jan.
94*3
Jan
.
92
b
92*8 Feb.
O regon Im pr Co.—1st, 6 s, 1 *10 9 2 b.
Ore. R. & N av. C o.—1st, 6s, 190 > 109*2« 10)58 108 Jan. 1 1 0 F eb.
1<>6
Jan.
102*9 Feb.
C onsol., 5 ,1 9 2 5 ......................... 104 b. 104
100 Feb. 102*3 Jan.
101% b. 101
O regon * T ransoon.—6s, 1922
Peo. Deo. & E v a n ■>.— 1st, 6 s. ’ .0 . 110 b. 1 1 1 *31). 113 F<*b. 1 1 4 J a n .
8 5 Jan .
8 L*3 Jan.
Inco lie, 6 s, 1 9 2 0 ........................ 8 4 a. 85
Mar. 1 1 3 F e b „
E va n sv. D iv — 1st, ds, 1 9 2 0 ... 110 b. L07*3>). 108
*5 Feb.
8 4 a. 8 4 b. 79*3 .lau.
Iu oom e, 6 s, 192 0 ................
6 6 J an .
72*3 F eb.
71
R ioh & A ll.— 1st, 7s. 1920. tr. reo 7 2
13*3 Jan.
R ioh m . <& D a n .—C ons., 6 s, 1915 112*31). 113 b. 113 Jan.
0 7 Jan.
110 K 106 F ob.
D ebenture, 6 s, i9 2 7 ...........
117 b. 1 14 F eb, 1 14 F e b .
R oou. & P itts.— 1st, 6s, 1 9 2 1 ... 116
112 b. 108 Jau. 108 J a n .
C onsol., 6 s, 1 9 . 2 ............... . . . 110
1 0 b. 110 Jau . 110*3 J a n .
R uue W. & O g 1.— 1st, 7 s. 1 8 9 1 . 111
103 *4 b 102 F eb. 10 1*3 Mill*.
Consul., ex te n d ., 5s, 1922........ 103
102 Jau. 107 Jan.
Incom e, 7 s. 1932.........................
7*3 Jan.
107 " b . 1 06 F eb.
St J o . A G d .I s l.— 1st, 6 s, 1925 . 107*a
73*3 Jan.
71*4b. 71 b. 7 1 % Jan.
2d , iuoom e, 5s, 1925 . . . -----St L. Alt.3c r . H — 1st, 7s, 1891. 114 b. 114 b. 114 Jan . 1 1 4 J an .
2d , M., p re f., 7s, 1 8 9 4 ............... H O b. 110 *4b 1 1 0 F eb. 111 F eb .
2 d ., M ..ln o ., 7s, t 8 9 4 ................ 107 *sb. 107 *ab. 1 07 F eb, 1 08 Jau.
3 8 Jan.
D ivid en d b i s 6 s, 1 89 1 ........... 4 0 h. 4 0 a. 3 5 Jan .
98 *3 F eb. 100% M ar.
St. L . A rk. & T e x .—1st, 6s. 193 6 9 .)% b. 100%
55*4 J a u .
52
49*2 Feb.
2d , 6 s, 1936 ............................. 53*3
111 b. 111 F eb . 1 15 Jan .
St. L. & Ir. M ..—1st, 7s, 1 8 9 2 ... 111*3
113 b. 1 13 Jau. 11438 Jan .
114
2d uio t , 7s. 1 8 9 7 .............. ...
9 9 J au .
97*8
9 5 Jan.
G en. R y . & laud g r., 5 s, 1 9 3 1 . 97*8
St. L. * San F r.— 6 s., 01. A ,190 6 115 b. 115 b. 115*8 Jan. 115*8 J a n .
115 b. 115 b. 114*3 Jan. 1 1 « % F e b ..
6 s, Class B, 1 9 0 1..............
lli*3b 115 b. 1143s Jan. 116 % J a n .
6 s, Class C, 1 9 0 6 ..............
1103a 108*3 Feb. J i l l J a n .
110
G en’l m ort., 6s, 19 51----So Pao., Mo.—1st, 6 s, 1 8 8 8 ... 1 0 l% b . 101 %b. 101*3 Jan. 104*9 J a n .
110*8 Jan. 110*2 J a n .
St. Paul M. & M.— 1st, 7s, 1909 112 D.
118 F eb 1 20 J a u .
2d, 6 s, 1 9 0 9 ................................. 119 3
1 19 b. 11938 118*9 Feb. 1 2 0 J a n .
1 st co n s , I S, 1 9 3 3 ...........
9 6 b. 9 6 Jan. 1 00 J a u .
S henandoah V a l.- 1 st, ~a 190 9 9 6
38
Mar. 4 3 J a u .
G en ’ l m ort., 6 s, 1 «2 1................. 3 9 a. 3 8
So. C arolina— 1st. 6 s, 1 6 2 0 ......... 1 07 a. .106 b, 1 0 « % Feb. 107*9 J a u .
8 0 Jan . I bO J a n .
2 d 6 s, 1931 ..............................
28*3 J a n .
Ino., 6s. 1 9 3 1 ............................... 20 b 19 b 2 4 Feb.
110*8 F eb. 112*3 J a n .
So. Pao.. Cal — 1st, 6 s, 1 9 0 5 -1 2 .. 132*86 112*3
1
10 F e b .
110*4»,
1
1
0
F
rb
.
So. P ao., A ri — 1st, os, 1 9 0 9 -1 0 ..
105% J au 10638 F e b .
So. P a c., V . M.— 1st, 6s, 1911
66*2 F e b .
58*4
F
eb.
65
645s
T e x . .v P a c.— Inc. & ld gr, 7s. ’ 15
7 5 78 F e b .
6 4 F e «.
74*3
R io Granite D iv .—6 s, 1 9 3 0 .. 7 5 %
69*3 J a n .
6 6 b. 66 Feb.
G en. m orr. & term ., 6 s. 1 9 0 5 .. 68
92 J an .
89 Jau.
8 9%
Tol. A .A . & N. M — 1 s t .6 s, 1924
89*3
,104%
Feb.
104*3
103
Jan.
T o l.A .A . * i3r.T r.—1st, 6 s. 1921
lu8
1 «4 Jau. 1 1 2 F e b
Tol. P eor. & W est—1st, 7s, '1 7 . 109*4
9
o
%
Jan.
9
5
Jau
.
98*4
T o l. & O hio Cent..—1st, 5s, 191 5 97*3
114 Jau. ,119% M ar.
118*3
U nion P a cific 1st, 6 s, l e 9 6 - 9 .. ¡114%
L aud gran t, 7 8 .1 8 8 7 -9 _______ 103 b, 103 b. 102 Jau. I n % Jan.
F eb..
' 8s,
‘
“1893...........
----119*3b 115 b. 118*4 Jau. 1 20
Sinking fund,
111 *3 Feb. 1 14 % Jan.
Kan. Pacific—1st, 6s, 1895— 109 b.
1st, 6s, 1896............. .......... I l l b. i"l3*3 111*3 Jau. 1 13*3 Mar.
116 b. H 4
Jan. 1 ! 6*3 M a r.
Denver Div.—6s. 1899......... 115
105 b. 104*9 Mar. 107 J a n .
1st cousol, 6s, 19 19 . . . . . . . . 105
102
b.
102
*4b.
1015s
Mar. 107*9 J a n .
Oregon Sh. Line Is), 6s. ’22..
Virginia Mid—ino., 6s. 1927.... 9 8 a. 9 4 b. 9 7 Jan. 9 9 J a n .
60 Jan.
4
9
Jau.
51
b.
50*3».
Wab. 8t.L &Pao. Gen., 6 s ,’20
9458b. 8 9 Feb. 95*4 M a r.
Chicago Divison—5s, 1910 ... 9 4 %
88
F eb
85*4b.
85*4
Jan.
85*4b.
Wab >sh—Mortgagees, 1909..
110*4 Jan. 1 1 4 F e b .
113*4
Tol. & Wab.—1st, ext., 7s, ’ 90 1 14
111*3
J
an.
111
b.
106
Jau.
1
1
0
%
1st, Sr. L. Div.. 7s, 1889.......
2d, extended, 7s. 1 8 9 3 ..___ 1 00 %b. 102 b, 9 9 Jan. 103*4 J a n .
9
0
Jan.
95*3
J
an.
8
6
b.
Cou., oouv., 7s, 1907........... 85 b.
L1278b 109 Jan . 1 13 F e b .
Great West.—1st, 7s, 1888— 113
103*4
Jan
.
9
9
Jan
.
10.1*3
2d, 7s. 1893........................... 101*3
St.L K.C. & N.—R e&r.,7s,’95. 112*3 1 09 b 1 09 Mur. ,112*9 F e b
[10238
J
an
[103*4
J
a
n
.
West Shoie—Guar., 4s . . . ........ 1 0 2 % 102 %
Note T h e letter “ b” in d ica tes p rice bid, a n d “ a ” p rice a s k e d ; all o th er prices and th e ra n ge a re fro m a ctu a l sales.
S T A T E BON DS,
SE C U R IT IE S.
Alabama—Cla^s A , 3 to 5 ____ 1 90 6
Class B, 5s..............................1906
Lass C, 4s,............................ .1906
6s, 10 20 ................................ 1900
Arkan as—6s, funded.. 1899-1900
7s, L ittleR o;k & Ft rr Smi' h, iss.
vs, Mi-muiiis & Little Rock, iss..
7s, Arkansas C entral R R ..........
Georgia—7s, g o ld ........... ........ 1890
L o u isia n a-7 s, c o n s ....................1914
Stamped, 4 s ...................................
Michigan—7s........... ' " ’ V ..V ..Ì8 9 0
A sk .
S E C U R IT IE S
B ii.
A sk . |
Miss mu i—6 s ____ d u e 188 9 o r 1890
A ylu m o r U n iv e rsity , Uue 1892
F u n d in g .......................... 1 8 9 4 -1 8 9 5
N ew Y ork —6s, lo a n ................... 189 2
6s, l o a n ......................................1 * 9 3
N orth Carolit a —6s, o ld ........... J& J
F u n d in g a ct ..................
1900
N ew b on d s, J . & J ___ 1 8 9 2 -1 8 9 8
C hatham R R ............................. .
S pec at ta x , Class 1 ............. ..... .
C o n s o lid a te ! 4 s ....................... 1 91 0
6 s ......................................
1919
1»7
R h od e Isla n .1
e » u .. 1893- 894 1 17
6%
S o ii'li Carolina— 6s, nou-fund.1888
1 B own t onsolidated 6's....... 1893 109*2
65
60
Tennessee—6s,
Old........
1892-189“
..........
77
Compì omise. 3-4-5-68..........1912
76
106*3 110)
5s........................................ 1913 102*3
3s........................................ 1913 78*2 7 8 %
48
Virginia—» p ,o ld ...................................
112
115
1 ,5
118
35
12
22
10
12*3
9» *3
125*3 126*3
SE C U R IT 1E 8.
6s, t-o »■olitilited «onda................
6s, c »ns-lidated, 2d serie-«..........
«si deferì ed, trust ree.................
B id.
30
6»
13%
13%
THE CHRONICLE.
300
Mew York City Banks.—The following statement show*- the
-condition of the^Associated Banks of New York City for the
week ending February 26, 1887 :
Average Amount'd/—
(V ol. XLIV.
L atest E a rn in g s R eported.
R oads.
W eekorM o\
1887."
Jan. 1 to Latest Date.
1886.
1887.
$
$
1586.
1 6,0 14
18.8 09
120 ,63 0
D et.L ans’gA No. 3 d w k Feb
125,297
99,7021
8 3,5 09
708,1951
E .T enn . V a. & G a. 3 d w k F eb
564,254
4 ,3 1 6
1
3 0,2 66
E vans. & Ind’pl is 3 d w k F eb
14,2 69
13,9*37
9 6 ,2 1 0
E va n sv. & T. H . 3 d w k F e b
85,7*31
4 6 ,4 1 6
3 7,3 42
2 9 9 ,1 3 7
F lint di P. M arq. 3 d w k F eb
267,875
9
2
6
.8
0
4
19,0
19
3
d
w
k
F
eb
162
,92 3
154,990
N e w Y o r k ..........
460.(00 1 0 ,5 9 0 /0 0
46,000 F la .R . & N av. Co 3 d w k F eb
11,160.000 2,470/100
9 ,7 1 2
7 ,3 5 8
6 6,4 68
F t. W. & D en .C ity
46,578
9,259.(00
Manhattan C o.......
280.(00
9,278,000 1,835.000
9 6 ,3 1 0
5 8,3 95
96,3 10
58,395
774,700
M er haute’ . . . . . . . .
46,000 G e o rg ia P a cific.. J a n u a ry ..
7.098,900
6,759,300 1,516.000
3
d
w
k
F
eb
3
6
,0
3
5
3
4
,5
91
2
4 7 ,7 0 0 , 214,359
Gr.
R
a
p
.
A
I
n
d
..
8,125.000
M echanics’. . . . . . . . .
507.000
2.009.(00
8.829,000
3
1
1
,59
3
W
k
F
eb
.1
9
2
9
0
,0
4
8
2
,0
2
9
,5
4
0
G ra n d T r u n k . . .
A m erica .................. 11.697,80 t 1.002.900
504.900
9.759,000
1.870,427
1 54 ,22 3
189,081
1 89,081
P lie m x .........
97,000
2,808.000
268,500 G u lf C ol. A S . Fe. J a n u a ry ..
573,000
3,094,000
154.223
•City..........................
45,9 57
364,082)
481.000 10,870,100
3 4,2 88
7.074.200 6,352,800
H ou s.A T ex.C en t 3d w k F eb
342,006
214 400
2,312,600
*90,006 HI. Cent. (111. A 8 o ) J a n u a ry ..
Tradesm en’ s ..........
381,600
9 19 ,96 1
2.782,200
7 8 2 .7 4 9
9 1 9 ,9 6 1 ,
782,749
i ’u lt o n ....................
105,400
1,080,000
632.200
1,290,600
8 ,832
8 ,832
9.578J
C ed ar F.A M in. J an u a ry ..
9,578
4 6 7 /0 0 23,525,400;
’C h em ica l...........
19,519,300 8.742,200
67,084
4 8,9 14 !
6 7 ,0 8 4 f
D u b .A S lo u x C. J an u a ry ..
48,914
M erchants’ E xch .
101.300
8 1 0 /0 0
8,592,700
614,400
8,207,100
J
a
n
u
a
ry
..
4
4
,5 6 7
4
4
,5
6
7
2
6,9
88
Ia. F a lls A S . C.j
26,988
•Gallatin National.
612.200
573,700
4,520,700,
445,100
5,920,400
120 ,48 3
8 5,4 80
1 2 0 ,48 3
T o t. Io w a lines J a n u a ry ..
85,480
B utchers’ <fc D rov.
200,000
66,300
1.963.400
1,896,100
489,700
8 68 ,22 9 1 ,0 4 0,41 4
T o ta l aU lin es. J a n u a ry .. 1 ,0 4 0 ,4 4 4
MCechanics’ & Tra.
217.000
1,820,000
868,229
110,000
1,685.000
3 2 ,1 23
3 4 ,6 1 6
3 8 5 /8 6
■Greenwich.............
" ic o n
375,019
Ind. B lo o m .A W. 4 th w k F eb
124,200
1 .1 9 0 /0 0
141,400
1,178,000
4 0 .9 83
3 5 ,1 2 0
4 0 ,9 8 3
632.800 Ind. D eo. & S pr. J a n u a ry ..
Leather M anufTs.
228.400
2,761,300
601,100
3,464.900
35,120
43,400 K .C .F t.S. A G u lf. 3 d w k F eb
-Seventh W ard .......
42,766|
62.100
1 ,2 4 8 /0 0
4 2 ,9 1 0
3 4 7 ,8 1 0
280,100
1,264.200
280,789
-State ot N. Y ......... ,4.150.800
807.100
8,945,300
330,200
2
7 1 ,3 5 4
3
d
w
k
F
eb
2
6
,4
6
6
3 3 ,0 8 8
Elan. C. Sp. A M.
159.635
A m eric’n E xch ’ge. 16.122,000 4.614,000 1,066.000 ’•6,581,000
3 d w k Feb
5 ,8 6 9
4 , 40
3 2 ,2 6 9
24.551
960.300 K an. C. Cl. & Sp. 3 d w k Feb
•Commerce............. *•7.818.300 2 ,si?,eoo 1,030,600 12,577,400
1 81 ,22 1
2 4,8 15
2 4 ,8 8 7
166,168
46.000 L a k e E . A W est.
B roadw ay...............
296.900
5,447,(00
5.748,000 1,175,600
2
0
,9
J
6
J
a
n
u
a
ry
..
2
0
,9
2
6
16,7
59
L
ehigh
A
H
udeon
16,759
M ercantile.............
45.000
4 0 8 /0 0
7 ,9 2 8 / OO
7.331,700 1.475.100
3 1 2 ,5 4 5
2 5,5 18
2 2 ,3 1 7
L o n g I sla n d ____ 4 th w k F e b
291,152
P a c ific ....................
560,700
2 ,6 5 9 /0 0
148,400
2,432.700
17,391
1 5 ,2 57
1 16,548
316,800 L ouis. E v .A S t.L . 3d w k F eb
R ep u b lic.................
9,035,000
101,988
462,000
8.842.000 1.993.100
2 8 8 ,8 3 0
2 6 1 .7 5 0 2 ,0 9 8,42 8 1,826,001
45,000 Louis v. A N ashv. 3 d w k F eb
C hath am ...........
6,085,600
245.900
4.718,000 1.050,900
2 4 2 ,3 6 3
Peoples’ . . . . . . .........
2,301,700
2 9 ,1 5 7
38,281
258,600
93,200
1.938.200
L ou.N .A l.A C hic. 3d w k F eb
202,892
N orth A m erica___
3.779.500
549,800
248,000
1 7 2 ,2 2 5
8 ,2 0 5 /0 0
1 3 7 ,8 2 0
390 ,28 8
297,568
L ouisv.N .O . A T . F e b r u a r y .
112,500 M anhattan E l . .. F eb ru a ry . 5 9 6 .4 2 0
H anover.................. 11.885,300 2,769,500
476,100 12,561,700
5 4 7 ,5 6 8 l,2 5 0 ,0 6 7 i 1,129,141
158,700
Irv in g ......................
3,120,000
562,400
175,200
3.12<i,OO0
5 7 ,HO]
3d w k Feb
9 ,5 8 0
6,3 4 7
40,513
45,000 Mar. H ough. A O. 3 d w k F eb
C itizens’ ....... .........
8,070,200
662,600
132,300
2,855,200
3 2 ,0 2 6
31,9 41
2 5 8 ,1 5 4
206,033
M em phis AChas.
N a ssa u ..............
270,300
8,296,400
382.900
2,792.800
1 04 .42 0
7 3 ,9 9 5
8 05 ,24 0
594,456
424,900 ‘ M ex ica n C ent’ i. 4 th w k F e b
Marke -..............
2.619,300
590.400
120.500
8.059.400
4 5,8 81
45,8 81
4 4 ,8 1 5
44,815
*M ex.N . (N .D iv ) J a n u a ry ..
S t. N ich -la s. .......
174,100
1,723,000
67,300
2,102,700
22.5 43
146,7i-3
17.8 66
439*,20Ö
118,450
S h oe A Leath er...
do
(So.D iv) 3 1 w k F eb
829,000
219,000
8,707,000
8,260.000
122 ,23 3
139 ,32 8
1 39 ,32 8
C orn E x ch a n g e ...
154,000
5,906,800
122,233
6.385.100 1,005,400
do
all lines J a n u a ry ..
49,500 M ich ig’n A Ohio. 3 d w k F eb
C ontin ental............
6,543,400
26,241
4 ,6 5 0
999,700
467,000
3 ,7 2 5
4,814,600
26,824
C r i e n t a l .................
335,800
2,240.100
258.000
2.196.000
2 5 ,2 2 0
3 0 1 ,4 3 9
4 3 .9 8 3
197,611
M H .L.8h.AW est. 4 th w k F e b
987,800 M ilw aukee A No 4 th w k F e b
Im porters' <fe Trad. 21,509,600 5,544.600 1.025.100 24,606.800
1 28 ,84 2
1 7 ,7 80
1 3 ,4 62
85,526
P a rk .......................
45,000
2 1.62!, «00 4,495.400 1,298,400 25,323,000
1 3.0 23
102 ,76 6
5,771
26.124
Minn. A N o. West. 3 d w k F eb
N orth R iv e r........ .
130.(00
2.051,000
130,000
1,932.000
4 8 .0 6 2
4 8 ,0 6 2
3 0 .8 3 6
30,836
223,600 Miss. A T e n n . .. J a n u a ry ..
E a st R iv er............
1,220.100
278,400
1,092,900
97,000
2 3 6 ,0 1 5
2 3 6 ,0 1 5
1 84 ,26 3
184,263
360,000 MobUe A O h i o . . J a n u a r y ..
F ou rth N a tion a l.
17,154.000 6,032.200 1,400.900 20,528.500
2 4 2 ,0 9 4
2 4 2 ,0 9 4
185 ,51 9
185,519
45.000 Nash. Ch. A S t.L . J a n u a r y ..
C entral National
9.071/ 00
889.000
8,768,000 1,378,000
41.000 N .Y .C e n .A H .R .. J an u a ry .. 2 ,7 1 4,71 0 2 ,2 9 5 ,0 9 5 2 ,7 1 4 ,7 1 0 2,295,095
S econ d Natioi a l .
665.C00
4,003,(00
3,360,< 00
310.000
9 ,5 1 2
9 .4 1 0
70,021
8 0 ,7 1 6
«6,000 N. Y . C ity A N o. Wk F cb .2 6
N in th N ational...
0,297,800
239,600
6.723.900 1.365.600
F irst N ational. . . .
256,400 cN .Y . L. E . A W. J a n u a ry .. 1 ,3 5 8,36 2 1 ,2 5 4,11 2 1 ,3 5 8 ,3 6 2 1,254,112
490.100 24,644,200
23.387,300 6.108.200
T h ird N ational...
6,602,400 1,479,300
276.600
0 ,1 9 3 /0 0
5 0 9 ,8 6 4 4 0 8 ,0 7 6
5 0 9 ,8 6 1
408,076
N .Y .P e u n .A O. J a n u a ry ..
N . Y . Nat. E x c h ...
226,100
200,200
131.600] 1,375,100
1.518.100;
1 75 ,71 4
23,5 39
156,482
4 th w F eb
2 5,8 98
B o w e ry
.........
330.700
2 2 1 /0 0 N .Y .O n t.A W ... J a n u a ry ..
319,2001 2 ,0 0 3 /0 0
2.679.400]
8 4 ,5 9 6
8 1,6 50
8 4 ,5 96
81,650
N . Y . C ounty........
659,800
179,100! 2,794,100
180,000 N .Y . Sus. A W ..
2.274.400!
5
5
5
,8
9
7
7
1
,2
3
2
5
1,6
75
422,678
4
cii
w
k
F
e
b
N
irfolk
A
W
est.
361,900
9 9 /0 0 ] 2.484,000
Gerinan-Am eric’n .
2.760.900]
400,123
5 14 ,94 7
5 1 4 ,94 7 4 0 0 ,1 2 3
C hase N ational....
45,000 N o rth e rn Cent’i. J an u a ry . .
259,100
0,310,100
6,230,0001 1 .3 3 0 /0 0
141 ,76 9 1 ,0 8 5,98 1 1,074,570
1 46 ,36 4
N orthern P acific 4 th w k F e b
F ifth A ven u e........
3,409,001)1
828,700
06,800, 3,542.700
2 9 5 ,2 1 9
274,180
2 9 5 ,2 1 9 2 7 4 ,1 8 0
G erm an E x ch ’nge.
210,(00
210,000
3.117,’iOO
2 .0 6 8 /0 0
O hio A M iss........ J a n u a ry ..
■Germania................
9 9 ,4 0 4
88,769
134.900
815,900; 2,677,500
4 3 ,9 7 9
2,492,4 OOl
4 5 ,9 2 8
Ohio S o u th e rn .. F e b r u a r y .
JJnited States........
45,000 O re g .R . A N . Co. J an u a ry ..
42,200
6.515/.: 00
6,376.700! 1,165,700
2 7 4 ,2 5 9
234,618
2 34 ,61 8
2 74,259
L in coln ...............
43,100 P e n n sy lv a n ia ... J a n u a ry .. 3,8 5 1,77 1 3 ,4 2 1,536 3,8 5 1,77 1 3,421,536
094,100
153,900
2.538,000]
3 ,1 8 6 /0 0
•Garfield..................
45,000
1,700,500]
361,200
157,700
1,902.700
102 ,85 8
15,7 94
15,535
85,958
>ria Deo. A E v . ]2d w k Feb
F ifth National......
133,400
858,400
1,4 00.900!
168.000
1 ,7 0 4 /0 0
2 6 0 ,05 2
2 1 8 ,8 3 0
218,830
2 60 ,05 2
Phi la. A E r ie ___ J a n u a ry .'.
B ’k of the M etrop.
3,745,0001
931,200
1 7 1 /0 0
4,460,700
P h ila . A R ta d ’g [January .. 1,570,831] 1 ,3 0 4,17 8 1,5 7 0,82 1 1,304,178
W e s t S i d e . . . . . . . . ..
1,817,800]
207,900
249,700
2,105.000
914,360
S e a b o a r d .......
C oal A Iro n Co J a n u a ry .. 1 ,0 3 7,75 0 9 1 4 ,3 6 0 1 ,0 3 7,75 0
43,e ÒÓ
2.379,200
2.301.600!
503,000
104,000
3 5 4 ,8 0 0
2 7 8 ,5 2 7
3 5 4 ,8 0 0
278,527
S ix t h N ational.!..’
175,000 R i jhiu’d <sJL)anv. J a n u a ry ..
1,805,000 J 619,200
101,400
2.210,400
9
2
,0
4
4
92,044
.
9
3
,0
7
5
9
3,0
75
J
an
u
a
ry
..
V a.M idl’d Div.
T o ta l.
6 2 .4 0 0
868.413.500 37,068,800 21,189,900 387,462,800 7,603,700
6 2 ,4 0 0
6 3,5 08
63,508
So. Car. D iv .. J a n u a ry ..
5
0
,0
0
0
5
3
,7
14
53,714
5
0
,0
0
0
J
a
n
u
a
ry
..
C o l.A G r .D lv ..
The following are totals for several weeks past:
3 9 .4 0 0
34,189
3 9 ,4 0 0 1 3 4 ,1 89
W est. N o.C. D iv J a n u a ry ..
7
,9
0
0
6,000
6,000
7,90li
J
a
n
u
a
ry
..
Wash. O. A W . .
1887.
Loans.
Specie. L. Tender». Deposit*. OirculaUon Agg. Clear'gs
166.375
1 68 ,57 3
20,5 45
1 3 ,4 55
St. J o . A G d . Isl. 4th w k F eb
163,848
2
1
,7
51
1
82,891
2
7
.0
2
4
3
d
w
k
F
eb
St. L. A lton AT. 11
$
S
9
9
9
%
1 2 5 ,3 1 4
15,9 45
104,791
«•eb.12 365,586,700 93.531.800 23,270,000 392,771/200 7,057,300 665,080,647
1 7 ,3 4 0
B ra n ch es......... 3d wrk F eb
2 92 ,40 2
“ 10 S67.350.000 91.647,200 21,776,700 391.778.800 7,d46,600 637,901,508 St. L . A rk .A T e x . 3d w k F eb
229,404
34,571
4 3 ,6 4 2
368,413,500 87.068.800 21,189.900 387.462.800 7,606,700 495.390,806 S t.L .A San.F ran. 4 tb w k F eb
585,212
105 ,46 6
7 8 3 ,5 6 5
1 27 ,60 0
124,507
1 90,041
16,8 46
18,508
S t. P a u l A D uluth 4 th w k F eb
4 05 ,53 9
405,539
4 5 9 ,2 5 0
4 5 9 ,2 5 0
S t.P .M in. A M an. J an u a ry ..
RAILROAD EARNINGS.
42,583
4
2
,5
8
3
5
7,2
88
5
7,2
88
V al .January ..
The latest railroad earnings and the totals from Jan. 1 to Shenandoah
94,375
9 4 ,3 7 5
9 8 ,1 3 2
9 8,1 32
S outh C arolina . Jan uary ..
35,854
4
0
,8
0
4
3
5
,8
5
4
4
0
.8
0
4
J
a
n
u
a
ry
..
latest date are given below. The statement includes the gross Staten Is.R a p .T r
429,370
5
47
,51
2
4
2
9
,3
7
0
5
47
,51
2
J
a
n
u
a
ry
..
T
e
x
a
s
A
P
acific
•earnings of all railroads from which returns can be obtained.
23,507
32,541
2
3
,5
0
7
3 2,5 41
T ol. A. A . A N .M ’h J an u a ry .
103.636
1 58 ,71 3
9 ,5 6 8
16,2 17
T o l. A O h io Cent. 4th w k F e b
, 1 to L a test Date.
*
47,121
5
5
,5
60
9
,3
3
5
10.544
V alley o f O h io .. 1st w k F eb
R o ad s.
W abash—
Week o r Mo
1886.
1887.
1887.
1886.
414,880
4 3 2 ,5 3 0
4 1 4 ,8 8 0
4 3 2 ,5 3 0
E a st o f M iss... J a n u a ry ..
679,211
7 4 4 ,2 8 5
115 ,20 9
1 11 ,74 9
W est o f M is s., 3d w k F eb
$
68,494
6
8
,4
94
7
6,8
28
7 6 ,8 2 8
t W est J e rs e y — J a n u a ry ..
A tch. T. A 8. F
Jan uary .. 1 ,2 8 6,15 7
8 6 2 ,2 0 3 1 ,2 8 6,15 7
69,978
9
,5
3
2
8
9
,1
36
1
2,6
95
3
d
w
k
F
eb
W
heelin
g
A
L.
E
.
H a lt. A P otom a c J a n u a ry ..
101 ,09 1
1 07 ,12 7
1 0 7 ,1 2 7
161,663
2
2
,6
5
4
2
0
6
,6
0
2 7,3 79
W iauonsin C en t’ i 3d w k F eb
B u ff.N .Y .A Phil. i t h w k F eb
4 0 .2 0 0
4 7 ,8 0 0
3 6 5 ,8 0 9
22.124
3
,4
2
5
50,6
45
6,3
1
8
3d
w
k
F
eb
M
in.
S
t.C
.A
W.
B u ff. R och . A P itt 4 th w k Feb
2 6 ,0 35
2 8.2 98
2 3 8 ,2 3 6
18,684
2 ,5 1 0
8 4 ,0 95
11,4 08
W is. A M in n .. 3 d w k F eb
B u r.C e d .R .A N o . 3 d w k F eb
5 1,6 32
4 8 ,7 3 4
3 64 ,64 1
C a ir o V . & C hic. F e b ru a ry ..
1 05 ,14 9
3 9 ,5 60
4 9 ,0 8 0
* M e x ica n cu rre n cy .
C a l. S outhern .. J a n u a ry ..
26,664
1 17 ,47 9
1 17 .47 9
c N o t in clu d in g earnings o f N ew Y o r k P e n n sy lv a n ia A Ohio.
sfC am den A A tl’c J a n u a ry ..
2 9,8 43
2 9 ,8 43
2 5,6 58
C an ad ia n P acific 4 th w k F ib
1 N ot in clu d in g C entral o f N ew J e rse y in eith er y e a r,
1 4 4 ,00 0 1 ,1 4 4,49 3
1 2 7 .0 0 0
4Cp.F’rA Y a d .V a l J an u a ry ..
17,9 22
2 0 ,5 33
2 0,5 33
1 I n clu d in g B ra n ch es.
•Central I o w a ... 1st w k F eo
21,4 61
2 3 ,2 17
133 ,23 1
C h esa p . A O hio. J a n u a ry ..
3 17 ,61 2
2 6 1 ,1 6 9
3 1 7 ,6 1 2
Eliz.Xex.dUB .8. J an u a ry ..
6 9 ,1 3 0
5 9 ,2 78
6 9 ,1 3 0
Grand Rapids & Indiana.—The gross and net earnings
C hea. O. A 8. W . J a n u a r y ..
1 17 ,26 6
1 40,168
1 4 0 ,1 6 8
for January were as below given :
C h ic. A A tla n tic 4th w k Feb
27,5 51
4 3 ,7 0 0
2 9 5 ,9 7 5
1887.
1836.
Ohio. A E ast. 111. 4 th w k F eb
3 2,2 23
3 7 ,5 7 5
2 9 6 ,9 6 8
$ 1 4 1 ,2 3 5
$116,734
G roes e a r n i n g s ..........................................................
Ohio. MU. & St. P. 4th w k F e b
4 7 1 .0 0 0 4 5 1 ,2 7 5 3 ,0 1 6 ,0 0 0
O p e ra tin g e x p e n s e s ........................................................... 1 0 2 ,8 6 0
85,175
C h ic. A N ’t h w ’n. J a n u a r y ... 1,7 2 3,17 3 ,3 2 8 ,1 07 1 ,7 2 3,17 3
C h ic. * 0 . EUv .. 3 w k s Jan .
4,3 9 5
5 ,7 4 7
5,7 4 7
N et e a r n i n g s .....................
$ 3 8 ,3 7 5
$31,559
C h ic.S tP .M .A O . J a n u a ry ..
339 ,52 1
3 71 ,70 1
3 71 ,70 1
Ohio. A W . Mich. 3 d w k F eb
2 3.991
24.1 31
1 53.161
Memphis & Charleston.—The gross and net earnings for
C in . H am . & D . 4th w k Feb
5 1,7 82
5 7 ,3 91
455 ,75 1
January, and for seven months of the fiscal year, have been:
4 9 ,3 48
C ln.Ind.St.L.dtG. 3 d w k F e b
4 9 ,7 0 0
3 6 8 ,3 2 2
C in . N . O. A T .P . 3 d w k F eb
4 8 .1 4 4
5 9,0 16
4 4 3 .4 8 0
t——... J a n u a ry . ■■■ \
,— J u ly 1 to ,Jan. SI.-'
A la . G t. South. 3d w k F eb
23,0 93
2 9,4 99
1885-6,
2 1 7 ,2 9 8
1886.
1886-7.
1887.
N . O rl. A N. E. 3 d w k F eb
$843,692
10,6 41
1 3 ,7 77
106 ,38 0
.. . $ 1 5 8 ,2 4 6
$ 1 1 5 ,1 6 7
$ 1,0 0 5 ,8 7 8
V icksb. & Mer. 3 d w k F eb
561,782
1 1 ,1 54
1 1,0 34
8 5 ,8 12
8 3 ,8 1 5
6 6 8 ,8 5 5
.. . *1 31 ,67 6
V ick s. Bh. A P . 3d w k F eb
10,2 62
1 0 ,4 86
9 3 ,1 1 7
E rla n g er S yst. 3 d w k F eb
$231,910
1 0 3 ,5 1 8
1 23 ,58 8
9 4 6 ,0 8 7
$ 3 1 ,3 5 2
$ 3 3 7 ,0 2 3
.. . $ 2 4 ,5 7 0
C in .R ich .A F t.W . 3 d w k Feb
•7,786
7 ,7 0 6
4 7 .0 5 7
C m . W ash. A B alt 3d w k F eb
4 3 ,5 1 4
3 5,2 18
3 0 0 ,2 2 8
spen t fo r rails , a gainst o n ly $ 2,5 21 so spent in
O lev .A k ron & Col 3 d w k Feb
8,001
9 .1 2 0
63,3 09
J a n u a ry , 1886.
d e v . & C an ton J a n u a ry ..
27,4 65
2 0 ,8 3 0
2 7 ,4 65
•Clev.Col.C.A In d J a n u a ry .
2 7 3 ,23 9
2 8 1 ,34 7
St. Joseph & Grand Island.—Following is a statement of
2 81 ,34 7
C o l. A Cin. M id. 3 d w k F eb
6 ,0 6 0
5 ,0 6 4
4 7 ,4 0 6
the gross and net earnings of this road obtained for publica
C o l. H ook .V .A T J a n u a ry ..
2 0 9 ,7 5 6
164 ,98 2
2 0 0 ,7 5 6
tion in the C h r o n i c l e :
7 ,6 6 6
C o l. & R om e .. J a n u a ry ..
5 .4 2 7
7 ,6 6 6
,-------- January.------ 3Danb’y & N orw k J a n u a ry ..
1 4 ,4 1 2
1 5,2 34
1 4 ,4 12
1887.
1886.
D e n y . & R io G r. 4th w k Feb
1 4 4 ,17 9
9 2 ,9 8 9 1 ,0 8 2,32 2
G ross e a rn in g s .................................................................... $ 9 3 ,7 4 4
$ 53>359
D e n v . A R . G. W. .J a n u a ry ..
7 1 ,2 5 0
6 6,5 84
7 1 ,2 5 0
O
p
e
ra
tin
g
e
x
p
e
n
s
e
s
........................................
........5
7
,0
5
3
46,163
O es. M o. A F t.D . (3d w k Feb
6 ,5 2 2
4 4,8 62
9,3 7 8
Loam and
Discount».
Specie.
Legal
Tender».
Niet DevoHt»
Circula
ith r
tion.
than U. S.
__
i A n d B ranches.
N et e a rn in g s............................................... .
$ 3 6 ,6 8 6
$7,196
301
THE CHRONICLE.
March 5, 1887.]
GEN ERAL QUOTATIONS OF STOCKS AN D
BONDS.
rtnntattnns in New York represent the per oent value, whatever the par may b e ; other quotations are frequently made per share.
^hA foUowin* abbreviations are often used, viz.: “ ML,” for mortgage;
for gold; “ g’d,” for guaranteed; end.,” for endorsed; “ eons.,
^«isolidated* “ eonv.,” for convertible; “ s. f.,” for sinking fund; *‘ l. g.,” for land grant.
f°r Quotations In New York are to Thursday; from other oities, to late mail dates.
^
— -
••________ 111
m
K«r «.I «rl M M n a * I a a
a n V At*«1!!!* «11IA A V A l*A <1 fwft t h ASA n n A t f l t l A f l fl .
Bid. Ask.
Bid. 248k.
C i t y S e c u r it ie s .
Ci t y S e c u r it ie s .
Bid. Ask.
U n i t e d St a t e s B o n d s .
110 111
115 120 Ma
-7 b.
Austin, Texas—10s..................
U N ITED s t a t e s b o n d s .
115 116%
1 )8
Ma
¿1*8,1891......................... r b g ..g - M 109 109% Baltimore—6s. consol., 1890..Q —J 107%
128 130
107%
€
6s, Balt. & O. loan, 1890.......Q—J 10.
% .
¿kg 1891......................ooup.. Q—M 109 109%
104 105
___
4
108
6s, Park, 1890.......................Q—M ’ 1|
48, i907............................r e g ...Q -J 1271« 127%
........
1
98 102
17
Me
128%
M
&
8
6s,
bounty,
1893...................
1281«
x9 1907........................coup.. -Q—J
100
113
___
M
il
6s,
do exempt, 1 8 9 3...'
38 option U. 8 .................reg..Q.—F. 1001«
108
110%
l
3,
1890-1901.........................Var.
11%
7
5s,
water,
1894...................J
&
J
1261«
68, Currency, 1895.........reg— J&J
109
7
6s, 1900..................................... J&J ........ 1 17
68, Currency, 1896.........reg
J&J 1291*
1100 100%
... Mi
6s, West. Md. RR., 1902 ....J & J 126
6s, Currency, 1897.........reg— J&J 132
112 % 115
130
130%
5
6s, Currency, 1898.........reg— J&J 1343s
113*5 142
.......
f
114
136%
6« Currency, 1899.........reg— J&J
U04
106%
107
109
4
S T A T E S E C U R IT IE S .
Me
6s, water, 1 9 0 5 .......___....J& J 124 125
Alabama—Class “ A,” 3 to 5 ,1 9 0 6 ... 108)4 110
109
111
M
e
1131« 115
Class “ B,” 5s, 1906................
til
114
t
105
Class “ C,” 4s, 1906..............
100 101
Na
6s, 10-20, 1900..................... J & J 105
101%
103
5s,
1897.
municipal.......................
11
9
Arkansas—6s, funded, 1899 . . J & J
104 106
Ne
Belfast, Me.—6s, railroad aid, ’98.. 105 106
7s, L. R. & Ft. 8. issue, 1900. A & O 27
105 107
toston,Mass.—6s,cur,long,1905Var 133 ] 35
30
78, Memphis & L. B., 1899..A & O 22
n
o
111
116%
1
17%
6s, currency, 1894..................Var,
25
7s,L.R.P.B. &N.O., 1900..A & O 21
117 120
121% 122
i
30
7s,Miss. O. & R. Riv., 1900..A & O
123
125
i
114
]
16
7s, Ark. Central RR., 1900.A & O 7% 12
125 127
107% : 09
6
7s, Levee of 1871,1900.......J & J
134 137
115 : 16 Ne
Brooklyn, N.Y.—7 s, 1890.........
California—6s, funded debt of 1873''
113 115
112
:
14
6s,
Water,
1891.............................
Connecticut—5s, 1897...........M & N *100
104
l30
N.
6s, Water, 1899............................
New, reg., 3*28,1904............. J&J *103
100
49
147
:
68,
Park,
1924...............................
New. reg. or coup., 3s, 1 9 1 0 ........ *100
119% 119%
7s, Park, 1915............................... 155 :L60 Ne
District of Columbia—
108
140
42
7s, Bridge, 1902............................
Cons.3-65s,1924, op.................F&A 120% 121%
111
113
60
Ne
7s, Bridge, 1920............................ 155
Cons. 3-65s, 1924, reg.................... 120% 121%
128 130
09
N<
7s, Kings Co., 1888...................... . 108
Funding 5s, 1899....................J&J) 114
103
104
.....
6s, Kings Co., 1 8 8 6 ..................... 100
Perm. imp. 6s, guar., 1891. ..J&Jf 110 110%
125 127
115
Perm. imp. 7s, 1891............... J&Jt 114 115
132
134
i 135
Wash.—Fund.loan(Cong.)6s,g.,’92i 111%
114 115
) 115 1
Fund. loan(Leg.)6s,g., 1902 Vari 128%
131
132
1 101% L02%
115
Market stock, 7s, 1892........
142 147
1 116
.18
131%
Water stock, 7s, 1901...........
133%
134
r ii9 % .20% N
132%
do
7s, 1903...........
5s, 1905, water loan................ J&J 119% 120%
6s, 1904, city bonds............. J&J * 131% L33
Florida—Consol, gold 6s....... J & Jt 112 115
J 90
...... Nrorrolk.Va.—6s,reg.stk,’78-85.. J&J 100 106
Georgia—7s, gold bonds, 1890. Q—J 108% 109%
8s, coup., 1890-93.................. Var 115
J
20
4%s,1915................................ .J&J 105% 106%
8s, water, 1901......................M&N 125
110
7s, non-tax bonds.
Kansas—7s, long......................... J&J 125
rorwioh,
Ct.—5s, 1907....... ...A&O) 117% 119
90
4s, non-taxable—
Louisiana—New con. 7s, 1914..J&J 95
L23
7b, 1905.................................... J& J 140 145
1 121
Stamped 4 per oent........................ 83% 83%
.
N.
J.—7s. long..................... t 115 120
.
115%
.......
O
Baby bonds, 3s, 1 8 8 6 ............F&A 46% 49% Chicago, 111.—7s, 1892-99 .
104
. 113
....... o
68,1895..........................
Maine—4s, 1888........................ F&A 100 % 101
125 127
........
p
107
4%s, 1900........................
War debts assumed, 6s,’89.A& Oi 108 106%
120 122
6s, lon g...
. 100
3-65s, 1902.....................
Maryland—6s, exempt, 1887...J&J 100
112
115
5s, lon g...
Cook Co. 7s, 1 8 9 2 ..........
6s, Hospital, 1887-91..............J&J 100
107
. 107
4%s, long.
Cook Co. 5s, 1899..........
6s, 1890.....................................Q—J 100
103 105
4s, lon g...
. 105% 106
Cook Co. 4%s, 1900.......
5s, 1890..................................... Q—J 106
n o 112
.J&J
.......
p
-6s.
.
102%
West
Chicago
5s,
1890
.
108%
3-65s, 1897............................. .J&J 106
120
.J&J
105
88.....................................
Lincoln Park 7s, 1895..
Massachusetts—5s, gold, 1891.A&0 107% 108
120 125
109% 8s, special ta x........ ... ..
West Park 7s, 1890....,
5s, gold, 1 8 9 4.........................J&J1 113% 114
. 105% 106% P’hilaaelpkia, Pa.—6s, 18L ------------ 121% .28
5s. gold, 1897.......................... M&8 117 118
133 136
6s,
ncw,reg.,due
1900
&over.J&J
1
116
Michigan—7s, 1890................. M&N 107
.1 134 134% P’lttsburg, Pa.—4s, coup., 1913.J&J . 103 105
7-30S, 1902...........
Minnesota—Adi. 4%s, 1911,10-30.. 103 105
5s, reg. and ooup., 1913........ J&J 116 117
rt lo i 102%
Missouri—6s, 1887..................J & J 100%
6s, gold, reg............................. Var, . 120 121
t 136 137
Funding bonds, 1894-95___J & J US
7s, water, reg.& cp.,’93-’98...A&0 128
123
1
122
do
6s,
g.,
Long bonds, ’89-90...............J & J 107
5s, Refunded, 1912....................... . 111
Lt 123 124
do
Cur. 6i
Asylum or University, 1892. J & J H 2
4s,
do
1 9 1 5 ................... . 108 110
t 114 115
do
Skg. f<
New Hampshire—5s, 1892.......J & J 107% 108
1 111 113
.) 103 104% P
Hamilton Co., 4s.
War loan, 6s, 1892-1894.......J&JI 111% 114
6s,
railroad
aid,
1907.......... M&8 124 125
101%
.1
101%
War loan, 6s, 1901-1905.......J & J 127% 130
P
O 120 122
New Jersey—6s, 1897-1902,...J&J* 125 132
F
zS 124 126
6s. exempt, 1896....................J&J* 121 125
115% 116%
r. 119% 120% P
New York—6s, gold, reg., ’8 7 ...J&J 101
6s, gold, 1900, water loan.. J & J+ 126 127
r. 100% 101
5s, 1887-89....
6s, gold, coup., 1 8 8 7 ............J & J 101
Etiohmonu, Va.—6s, 1884-1914. J&J 121 122
r. U2 113
6s, gold, 1891.........................J & J 112 ........ <
8s, 1886-1909.......................... J&J 141 142%
.. 101 103
5s................
6a, gold, 1892.........................A& O 115
5s, 1914-15.............................. J&J 106
.1 114% 116
6s, gold, 1893.........................A&O 118 ........ fcmngton. K j
103%
„1
103
................................................. .
7-30s, short.
No.Carolina—6s, old, 1886-’98..J&J 35
112%
i 109 110% £
6s N. C. RR., 1883-5.... J & J IT 170
143
7s,
water,
19Ó3....................J
&
J
t
.. 110
6s do
7 coupons o f f ___A&O 140 ........ Dallas, Texas—8s, 1904..........
100 101
I
.. 110 115
10s, 1893-96..........................
6s, funding act of 1866 1900 J&J 12
87
k
.. 100 103
Water, 6s, 1900........ ...........
6s, new bonds, 1892-8.'___ ...J&J 22
100%
100
r.t 120 ........ 6
6s, Chatham RR..................... A&O 10 ........
110
lo9%
6s,
1892....................................
Var,
12%
6a, special tax, class l,1898-9A&o 12
5s, long......................................Var, 109% 110%
80
fej 78
101
4s, new, cons., 1910............. J & J
104%
103%
5s, 10-20...........................
Var
6s, 1 9 1 9 ................................A & O 125% .26%
4s, 1905.................................. J&D.t 103 103%
Ai 129 131
Penna.—5s, new, reg., ’92-1902.F&A *117
8t.L.Co.—6s, gold, 1905......A & O -123%
- - - 124%
108% 109%
4s, reg., 1912......................... F & A 120
Currency, 7s, 1 8 87-88....V ar..il00%
At 119 121
Rhode Isl’d—6s, 1893-4, coup..J &J Liti
101
Jf 10)% 110% It. Paul, Minn.—4s, 1912................1 100
6
7
South Carolina—6s, Non-funa.,1888
4%s, 1916......................
t 104 105
zS 101 103
109%
Brown consols...........................
5s. 1 9 1 5 ....,....................................t 112 115
cD 94
96
66%
Tennessee—6s, unfunded..................
6s, 1889,.......................................... t 100 105
..t 104 114
Compromise bonds, 3-4-5-6s, 1912 75% 77
7a, 1888...................................... ..t 100 106
..) 120 125
Capitol, untax, 6s.
Settlement, 6s, 1913....................... 100% L10
138
8s, 1904..........................................1 131
101 104
Settlement, 5s, 1913....................... 102 %
lalem, Mass.—6s, long, W. L .A&OI. 126 128
OI 103% 105
Settlement, 3s, 1913....................... 78% 78%
120
5s,
1904,
W.
L
........................
J&J
♦
118
105
..
113
Hoboken, N. J.—5s, lon g.
Texas—6s, 1892....................... M&81 110
... 116 119
6s, long..................... .
7s, gold, 1892-1910...............M&Si 115
104 105
.. 122 124
7 b, long...........................
_ 7s, gold, 1904.......................... J&JI 130
109% 110%
... 45 ........
Vermont—6s, 1890..................J & D 107% LOP Houston, Tex.—10s---- - .
120
118
5s,
1905.................................
A&Oi
...
45
6s, funded.....................
Virginia—6s, old, 1886-’9 5 ....J & J 48
....... pringfleld, Mass.—6s, 1905..A&O) 132 134
cJi n o
Indianapolis,Ind.—7-30s,'
6s, new bonds, 1886-1895...J & J 48
142
140
7s,
1903,
water
loan.............
A&OI
107 109
52
6s, consols, 1905. ex-coup.......J&J
’oledo, 0.-7-308, RR., 1900.M & NI 122 124
&J 120 125
6s, consol., 2d series.. . . . . . . . . .J&J 65
118%
117%
8s,
1893-94.............................
Var.
t
13%
ar. 109 113
13%
6s,deferred b o n d s ........................
Washington, D.C.—See Dist. of Col.
&J 118 120
37
Tax-receivable coups., from cons’ ls 36
Wilmington,
N.C.—8s,
gold,
oou.
on.
&S 118 120
_
Do
from 10-40s. 33% 34%
Worcester, Mass.—6s, 1892...A&OI 111 % 112
&J 126
funding bonds, 3s, 1932........ J&J 65*« 66
5s. 1905....................................A&O 119 121
zD 114 116
39
10-408, cp. & reg., 3 to 5,1919.J&J
4s, 1905....................................A&O 107 108%
&J
112
..v e r r I S E C U R IT IE S .
R A IL R O A D BONDS.
Ot 116*1 117%
Albany, N. Y.—6s, long....Varlousl 120
IzO 126 127% (B onds o f com p a n ies consolidated w ill
7b long.............................................f 135
be
f
o
u n d u n d er the con sol’d na m e.)
95 102
Allegheny, Pa.—5s, op., ’83-97..Var. 100 106
Ala. Gt. Southern—1st mort., 1908| 111 113
*r.t 123 124
’ %s, coup., 1 8 8 5-1 9 0 1 ........ Var. 100 105
Debenture
scrip, 6s, gold, 1906.. t 101 103
ir.t 105 111
**, coup., 1901......................... Var. 105
75
Ala. N. O. T. &c. 1st deb. 6s............ t 73
ur.i 112
Allegheny Co., 5s, cp., 19l3.J&J§ 102 103'
65
¡¿ddebent 6s, 1907...............
... 60
ir.) 101 102%
100 101
’ 8, not loan, 5-10s..
105
104%
llb
’y
&
8usq.—1st
M.,
7s,
’8
8
...J&
iO^
&N
105
5s,
1890-1900............
100 101
fs, riot loan, 10-20s
135
128
Consol, mort., 7s, 1906,guar. .A&O
zNI 1091« 110%
103
do
1U-2VB
10-208 . . . . . . . . . . . . . . . 102
Cousol. mort., 6s, 1906, guar. A&O 122 %
5 J 109 110
.¿s , refunded. 5-20s, 1891-1906.... 103 104
Z J 124 121% lllegh. Val.—Gen. M.,73-10s..J&J 119 120
8s.
Atlanta, G a.—7 s ...................................... 112
Bast, extern M., 7s, 1910....A&O 113
109%
sAI
100*4
Do. 8s............................................. 112
24
laoome,7s, end., 1894.. ....A&O 2 0
&J 116*3 117%
W aterw ork s.......................................... 114
Acch.
Top. &8. Fe—1st,7s, ’ 99 J& Jt 124 124%
122
&J
120
Augusta, Me.—6s, 1905, Fund J&Jf 121 122
122
Laud grant, 7s, g., 1902 ....A&OM121
fcNt tl-P«(119%
Augusta, Ga—7s.............. .. Various 109 112
- Price nominal ; no late transactions, t Purchaser also pays accrued interest. \ lu London.
$ Part being redeemed.
H Coupons on sinoe ’69.
302
THR CHRONICLE.
[Y ol XLIy
G E N E R A L Q U O T A T IO N S O P ST O C K S A N D
B O N D S — C o n tin u ed .
F o r E x p la n a t io n » See N ote» a« H e a d o f F ir s t P a » e o f Q u o t a t io n * .
R a il r o a d B o n d s.
Bid.
Bid. Ask.
R a il r o a d B o n d s .
R a il r o a d B o n d s .
Bid. Ask.
▲tcb. Top. A 8. Fe—(Continued) —
Cbes. & O.—( C on.) >s,g..ser. B .M & N 1177% 77% Cin. L a f.A C h .— 1st, 7 s,g.,19 0 1 .M &P
tilg
Sinking fund, 6s. 1911......... J&D ♦108 108 % E x te n d e d 4s, 1 9 8 6 ..................M &N 7 a% 75
Cin. L eb. & N or.—1st m . 5 s . ... J & J 100
Guaranteed vs, 1909 . J&J&A&o 1122 123
102%
27% 27% Cin. R ich . & C h ic.— 1st, 7 s, ’ 9 5 .J&J 1116
6s, cu rre n c y , ln t. d e f.. 1 9 1 8 .. J & J
5s, 1909 (1st mort.)...............A&O I 102 % 103
97
6s. 1 9 1 1 ......................................A & O .
Cin. R ich . A F. W .—1 st, 7 s, g ...J & D ♦11«
5s, plain bonds, 1920............m &h 1 96
97
110% Cin. S an d ’k y A Cl.—6s. 1 9 0 0 ..F&A
C heshire—6s. 18 9 6 -9 8 ................J& J ♦n o
M 0 l% i<)2'*
*%s, 1920............................... A&O I 97% 98 C hic. & A lto n —1 st M ., 7a, ’9 3 . . J&J 116
C onsol, m o rt., 7s, 1 8 9 0 ..........J & D
Florence A El Dor’do, lst.7s. A&O 1112
122 Cln.& 8p.—7s, C.O.C.& I . , 190 1 . A& O lu 2 102%
S te rlin g m o rt., 6s, g., 1 9 0 3 .. J&J il ¿0
K.C.Topeka&W., 1st M.,7s,g.J&J 1123 125
Bds. K an. C. line,6s,g.,1903.M & N 125
7s. gu ar., L.S.& M .8., 1 9 0 1 ..A & O *119
do
Income 7s. A&O ♦liö % 116
M iss.R iv .B rid g e , 1 st.,s.f.,6 s, 1912 108%
Cin. w a sh .& B .— lst,g u ,4 % s-6 sM & v 104% 105
N.Mex.&So.Pao.,lst,7s,1909 A&o 1125 125%
Louis’a & Mo.JR., 1 st, 7s,19 0 0 F & A 121
2d m o rt., 5s, 1 9 3 1 ..................... J& J
78% 80
Pueblo & Ark. V., 1st, 7s, g.,1903. f 124 124**
do
2 d , 7 s, 190 0 M&N 120%
3d m ort., go ld . 3 s-4 s , 1 9 3 1 ..F& A
Sonora, 1st, 7s, 1910, guar.. J&J lo 2 % 1 0 3
45
120
8 t.L .J a ck s ’v.& C., ls t ,7 s ,’9 4 . A& O 118
In co m e 5s, 1 9 3 1 ..........................
*22*"
Wiohita&S. W., lst,7s,g.,gua. .1902 •l i 5
118
28
d o 1 st g u a r .(5 6 4 ),7 s,’ 9 4 A & 0 118
8 cio to & H ock . V , 1 st, 7 s....M & N loo
........
Atlanta A Charlotte Air L.—1st,7s 123 125
d o 2 d M. (3 6 0 ), 7 s, ’9 8 . .J& J
B alt. S hort L ., 1 st, 7 s, 1 9 0 0 .. J&J 121 %
Income, 6s.......... .......................... 104 104’ *.
d o 2 d gu ar.( 188) 7a,’ 9 8 .J&J 1Ï7
C lev. C oi. C. & I.— 1 st, 7 s, ’ 9 9 .M&N 122
Atlantic & Pac.—1st 4s, 1937. .J&J 8 5
8 6 % C hic.& A tla n tic— 1st. 6 s ,1 92 0 M&N
C
onsol, m o rt., 7s. 1 9 1 4 ..........J& D 125
W. D. incomes, 1910............J&J
274 27%
2d . 6s, 1 92 3 .............................. F&A
Cons. S. F ., 7s. 1 9 1 4 .........
J& J 124% 123
Central Division, old, 6 s.............. 100 1 o 4*î C hic. B . & Q .—C ons., 7 s, 1903.J& J i*3*i*‘ 13*2
G en. oon. 6s, 1 9 3 4 .................... J&J 109
do
new 6 s .............. l o O
lOi
109%
03
B onds, 5s, 1 8 9 5 .........................J& D ♦102
B
e
lie
f.
&
Ind.
M
.,
7
s,
1
8
9
9
..
.J&J
do
incomes. 1922.
23
108 109 C lev. & P itts.—4 th M ., 6s, 1892.J& J 112
5s. 1 9 0 1 ....................................... A&<
lo 7
do
ace. Id. gr. 6s. 1901 27
32
5s, d eb en tu re, 1 9 1 3 ................M&N 107
IU8
C
onsol.
8.
F
.,
7s,
1
9
0
0
..........M&N
Baltimore & Ohio —New as__ A&O
lo 5
1C lev .& M . V al.—1st, 7 s. g . , ’ 9 3 .F& A 128% 130
5s, 191 9 , Io w a D tv ..................A&O lo9% n o
5s gold, 1925.........................F&A 111%
99%
4s, 191 9 ,
do
..................A&O
C olu m bia & G r.— 1st, 6s, 1 9 1 6 .J & J 110% 110%
East Side 5s, 1925...............
111 %
97
97%
4s, D en v e r D iv ., 1 9 2 2 ............F&A
2 d m ort., 6«. 1 9 2 6 ................... A& O
9 3 % 94
Sterling, 5s, 1927..................J&D UlO i 12
90
91
4s, plain b on d s, 1 9 2 1 ............. M&>
Col. ai Cin. M id .—l « t , 6s, 1 9 1 4 . J& j
Sterling, 6s, 1895..................M&s J 1 1 2
114
100
117
Bur. & M o. R ., I’d M., 7 s ,’93.A & U u w
C ol. H o ck . V al. & T o l.—
Sterling mort., 6s, g., 1902..M&s 1120 122
do
C on v. 8 s .’9 4 ser.J& J
C o n s o l. 5 s . 1 9 3 1 ........................M A S
82%
do
6s, g., 1910. M&N :124 l26
120
121*
B ur.& Mo. (N eb.), lst,6 n , 1918. J&J
G en. 6s g o ld , 1 9 0 4 ...................J a D
Parkersburg Br., 6s, 1919...A & o 1 .6
82
do
C ons, 6s, n o n -e x ..J & J 103% lo9
Col. & H oek. V .—ls t M .,7 s ,’97. A&< > ♦ lift
Balt. & Pot’o—1st, 6s, gl, 1911.J&J 123
9
do
4s, (N eb.), 1 9 1 0 ... J&J
do
2 d M., 7s, 1 8 9 2 . J&J 1105
1st, tunnel, 6s, g., g’d, 1911. A&o 123
112
do
N e b .R R ,ls t,7 s ,’ 9 6 A & 0 110
Col. & T oled o— 1st m ort, b o n d s .. U 1 6
Bell’s Gap—1st, ‘ s, 1 8 9 3 ........ J&J
i2 i
do
O m .& S .W .,ls t,8 s ,J & D 122
do
2d m o r t......................... 105
Consol. 6s, 1913....................A&O
112
III. G ran d T r.. 1st. 8s. ’ 9 0 . . . A&O 109
1**9%| O h io * W . V a ., 1st,8.f. ,7s,1910M & N 1 112
Belvidere Del.—1st,6s,o.,1902. J &i> 117
D ix on P eo.& H., 1st, 8 s,1 8 8 9 . J&J 10o% 107 1C o l.S p r in g f.A C .—1st. 7s,1901.M & 8 109
Boston & Albany—7s, 1 8 9 2...F&A <115 l i 5 %
IC9%
O tt. O sw . & F o x R ., 8s, 190 0 . J&J 12-% 128 1 Ool. & X e n ia — 1st M ., 7s,1390.M & S ♦108
6s, 1895................................... J&J <116 117
109 10 •%
& P assum p.— M ., 7 s ,’93. A & O 116
11*6 %
Bost.Cono.&Mon.—S.F.,6s,’89.J&J i 100 101
124 125 1Conn.
M assaw ip p i, g., 6 s, g o ld , ’ 8 9 J&J ♦ 102
Consol, mort., 7s, 1893........ A&o <112% 113
♦ ’ 14
l*<4% C onn. W est.— 1 st M ., 7s, 1 9 0 0 . J&J 3 0 102%
Ohio. Burl. & N or.—5s, 1926
Consol moit., 6s, 1893........ A&O
*06%
D ebeur. 6s, 1 8 9 6 ......................J & D 31 % 104 Hi C o n n e ctin g (P h ila .)—1st, 6s .
121
Bost. üart.& E.—1st, 7s 1900.J&J
C hic. & Can. S o.—1st, 7 s, 1902 A&C
88
1st mort., 7s, guar................ J&J
88%
Ohio K an. C ity & W est’ n.— ls t , 5s. 101% 0 1 %
Bost.Hlun.&W. deb. 5s. 1913 M&S 92% 93%
8 >% 66 i Curnb. & Penn.— 1st 6 s ,’ 9 l ___ M&9 i o i " n o
In co m e s ............................................... .
Boston & Dowell—7s, ’92........ A&o ♦116% 114
Clue. & E ast 111.— 1st m ort. 6 s, 1907 115%
C um berl.V al.—1 st M .,8s, 1904. A & o
6s, 1896...................................J&J ♦Ü 4 % 116
In com e b ond s, 1 9 0 7 ...........
D a yton & M ioh.—C onsol. 5 s
J&J ♦103
no
5s, 1899...................................J&J 1109% 111
1st, co n ., 6s, go ld . 1934 . . . . A&O 115% 116%
3d m o rt., 7s, 1 8 8 8 , n o w 2 d . A&O ♦......... 104
4s, 1905.................................. M&S lo3 104
96 . . . .
Chic. & Gr. T ru n k —l s t m ort., 190u
D
a
y
t.
A
W
est.—
I
s
t
M
.,6
s
,
1
90
5
.J&J
1 1 15
4%s, 1903..............................M&.N 107 % *09
Ch.& In d.C oal R ’y , 1st 5s, 1 93 6 J&J 100
1 st m ort., 7s, 1 9 0 5 ................ J&J 1125
13Ó
Boston & Maine—7s, 1893 .....J& J 116% 117 C ldc. & M ich. L. S. ls t 8s, 1 8 8 9 .. ..
D ela w a re—M ort., 6s. g u a r .,’9 5 . J&J 118
7s, 1894................................... J&J I 119% 120
C hic. Mil. & St. P aul—
Del.& B ound B ’k—1 st, 7 s,19 0 5 F & A 130 132
Bost. & Providence—7s, 1893.j &j I li7 118
P. d u C. D iv ., l s t , 8s, 1 8 9 8 . F& A 131%
D el.L a ck .& W .—C on v.7 s.1 8 9 2 J& D
115
Bost.& Revere B’h—lst,6s.’97. J&J 1119 121
P. D ., 2 d M., 7 3 -1 0 8 ,1 8 9 8 -F & A 122
M ort. 7s, 1 9 0 7 ........................M&S
Bradford Bord. & K.—1st, 6s, 1932 50
65
131
1st, $, go ld , 7s, 1 9 0 2 .............. J&J
Den. & R . G. Is t 7 s .g o ld .1 9 0 ».M&N 1 19 * 120%
Bradf.Bld.& Cuba—lst.6s, 1932J&J
La. C.j l s t M.. 7 s, 1 8 9 3 ..........J & J Í" "Ó" 119%
G en. m ort., 5s, 1913, T r.re c.A & O
50
Brooklyn Ele.—1st, 6s, 1923..A&o i*0*7% 1*1*8
123
I. & M ., l s t M ., 7 s, 1 8 9 7 ......... J& J 121
1st con . 4s. 1 9 3 6 ...............................
7 8% 78%
2d mortg. 3-5s, 1915............. J&J 79% 8 o%
I ’a. & D ak., l s t M ., 7 s, 1 8 9 9 . J&J 12 4
D en v.& R . G .W .—1st, 6s, 1 9 1 1 .M&S
79
80
Bull. Brad.& P.—Gen.M.7s,’96.J &J 103
H a st. & D a k ., l s t M .,7s, 19 1 0 . J&J 124 126*
7 4 % 76
do
a s s e n t e d ..............
Butt.N. Y.&Erio—1st, 7s, 1916. J&D la 7 138*
do
5s, 1 9 1 0 .. ..
J& J
75
D e n v.S .P .& P a o .— 1st,7 s,190 5 M&N
77
Bufi.N.Y.A Ph.—1st,6s,g., 1921.J&J 40
C hic. & M il., l s t M ., 7s. 190 3 .J& J 12S
D e s M .A F t.D .—G u ar.4s, 1 9 0 5 . J&J
92
Pitts. Titusv.& B.—7s,1896F&A 35
l s t m ort., c o n so l.. 7 s, 1 9 0 5 ..J & J 129
50
do
in co m e s, gu ar. 2 %s
Oil Creek, IstM., 6s, 1912. A&o
l s t M ., I. & D. E x t., 7s, 1 90 8 J& J 129**
1st m ort., guar. 4s, on e x te n s io n .
95
Union A Titusv., 1st, 7s,’90.J&J 25
l s t M .,6s, S’ tliw est D iv .l9 0 9 J & J 117%
D et.& B .C .l8 t,8 s,en .M .C .1 9 0 2 M & N 118%
Warren & Fr’kln,lst,7s,’96F&A
109
1st M ., 5s. L a C. & D a v . 1919J&.T 105
D et. B. C. & A lp .. 1 st,6 s .1913 J& J
106
Buß.* South west.—6s, 1908.. J.&J
90
So. M inn, l s t 6s, 1 9 1 0 . . . . . . . . J& J 117
D et.G .H a ven & M il.—E q u lp .6 s,1 9 1 8 t il*7
119
Bur. C. R.& N.—1st,5s,new,’06. J &D 108 108 % C
hic. & Pao. D iv. 6s, 191 0 ...J & J 118% i : 0 %
Con. M ., 5% till ’ 8 4 , a fte r 6 * .. 1918 }1 1 4
116
Cons. 1st & col. tr., 5s,1934.. A&O
102
do
W est D iv ., 5 s ,1 9 2 1 . J& J lo7
1 0 /% D et. L. & N orth .— 1st, 7 s, 1 9 0 7 .J& J ¡1 2 5
125%
Minn. & St. L., 1st. 7s,guar. J&D 140
Ohio. & Mo. R iv . 5s, 19 6 ___J& J
Det. M aok.A M .—1st, 6 s.1 9 2 1 .A A O
Iowa C. & W., 1st, 7s, 1909.M.xH
M ineral P t. D iv ., 5 s, 1 9 1 0 ...J & J I
La* d grant. 3% s, 8. A ., 1 9 1 1 ........
53% 54%
C. Rap.I.F.& N., 1st,68,1920. A&O
C hio. & L. Sup. D iv., 5s, 1921 J& J 104
107%
Inoom e, 1 9 2 1 ..............................
do
1st, 5s, 1921__ A A kj
W is.& M iu n . D iv .,5 s , 1 9 2 1 . ..J & J 106
lO -% Dub. & D ak.— 1st M ., 6s, 1 9 1 9 . j&J*
Califor. Pao.—1st M.,7s, g.,’87. J&J
lo *
T erm in la 5s, 1 9 1 4 ...................J& Jj 103
103%
D u b.& S. C ity— l s t .2 d D iv .,’9 4 . J&J
100
119% D unk. A .V .& P.— ls t ,7 s ,g ..l9 0 0 J & D 110
D u bu qu e D iv., l s t . 6s, 1*420. J& J 119
........ 111
Wis. V al. D iv ., 1st, 6s, 1 9 2 0 J & J 111
112
E ast P enn .— 1 st M .,7 s , 1 8 8 8 ..M&Si
0____
70%
F a rgo & S ou th .- 6s. aas.1924 J& J
E .T enn. V a.& G a.— 1st, 7 s ,1 9 0 0 J& J 120
UO’ s i l l
Dak. & Gt. So. 5s, 1 9 1 6 .. .. . . J & J
i*0*{
D iv ision a l. 5s, 1 9 3 0 ................. J&J 1 07
108
77
78
Cliie.& N.W.—C onsol., 7 s ,1 9 1 5 .0 —F 13 I 140
A la . Gent., 1st, 6s, 1 91 8 ..........J& J
115
C on sol., g o ld , 7 s, c p ., 1 9 0 2 ..J& D 130% 131% E. Tenn. V. & G a .R ’y .—1 st,5s, 1956.
9
9%
99%
no
..........
do
do
r e g .............. J & D l.JU**,
East. & W. R.V., Ala. —1st, 6s, 1912
,100
Cons. 6s, 1911.
S in king fu n d , 6s, 1 9 2 9 ........ A & O 11 8 %
- % !l2 8
E astern, M ass.— 6s, g .,1 9 0 6 . .M &S ♦i1V2 7
106
i ’o T *
do
5 8 ,1 9 2 9 A &O
lu 9 % 110
S te rlin g d eb s., 6 s, g., 1 9 0 6 ..M&S *125
130
92
92%
do
d eb en t., 5 s ,1 9 3 3 .M&N
110
Eliz. City & N o r.—S.F. d eb .,6 s.A & O
Gape Fear&Yad. Val.,1st,6s,1916..
95% 9 6 %
E x ten . bds. 4s. 1 8 8 6 -1 9 2 6 ...F & A " 9 4 % 9b%
1st
m
ort.,
6s,
1
9
2
0
...................
M&S
Carolina Cent.—lst,6s,g.,192u. J &J 109 l i O
25-yra. deb. 5a, 19 - 9 .............M&N 107% 108
E lizab. L.6K.& B ig 8.—6s. 1902.M & S 107%
2d, Ino., 6s, 1915..................A&o
bo
85
E sean.& L .Sup., 1st, 6s, 1901.J& J 115
E lm ira& W ’w s p t —1 st Bs,1 91 0 .J&J 120
8d, ino., 6s, 1910......................... .
27
31
Dea M.& M inn’s,lst,7 a ,1 9 0 7 .F & A
5s, p e rp e tu a l............................. A&O 1 1 0
. . . . . . 129
I o w a M id., l s t M., 8 s, 1 9 0 0 . A&O 135
105
E rie & P itts b .—2d, n o w l s t ___ J&.
Cedar F. & Min.—1st, 7s, 1907. J&j . . . .
109%
P en in su la , l s t , o o n v .,7 s ,’ 98.M & S 121 %
C ons, m o rt,, 7 s, 1 8 9 8 ............. J&J 113
116
Cedar R. & Mo.—1st, 7s, ’9 1 ...F&A f l e 7 % 108
Chio. & M il., l s t M ., 7 s, * 9 8 ..J&J 1 2 . % 122 %
100
E
q
u
ip
m
en
t.
7
s,
1
9
0
0
.............
A&
O
lBtinort., 7s, 1916...............M&N 130% 131
M il. & M ad., 1st, 6s. 1 9 0 5 ..M .& S. 114 I
E v a n sv . & C raw f.— l s t , 7s, ’ 8 7 . J& J 100
Ille»
121
M adison E x t., l s t , 7s, 1 9 1 1 .A & O 134 j
E vaus.& Ind.— 1st, gu a r.,g .,6 s , 1924
Cent. Br. U. Pao., lsts, 6s, ’95.M&N 1 05
M en om inee E x t.,ls t,7 a , 1911 J & D ♦134
1st, eon ., 1 9 2 6 ........
J& J
Fund. coupon 7s, 1895 .......M&N i0 5
N orth w est.U n ., 1st.7-, 1 9 1 7 .M&a 1135
E
vaus.& T .H .,ls t co n . ,6s, 1921, J&J
Atcli. & Pike’sP’k, lst. 6s, g. M&N 1 05 109%
W lnoua& St.P et.—2d7s,1907M & N 1 3 0
Mt. V e rn o u — 1st, 6 s . . . . ........A & O
▲tch.Col.&Pao.,lst,6s,1905Q.—F i l 0 5
Ott, C. F. & St. P., 58, 19 0 9 .. M&S n o
E va n sv.T .H .& C h i.—l s t , 6s, g.M &N
Atoll. J.Oo.&W.,lst,Os, 1905.t|,—F 104
orth. Ills ., ls t , 5s. 1 9 1 0 ....M & 8 1 0 7
F itch b u rg—5s, 1 89 9 ................... A & O
Cent, of Ga.—lst.cons., 7s,’93.J&J 112% 1 1 3 s C hNio
.R .I.& P a c.—6 s,1 9 1 7 ,c o u p J&J 1 3 3
135
5s, 1 9 0 9 -0 1 -0 2 ......................... A&Oj
Cent. lowa—New lst., 7s . ’99. J&J II « 0
91
6s, 191 7 , r e g . . . ........................J & J 1 3 1 % 133
6s, 1 8 9 7 ...................................... A & O
Ino. bonds,“ debt certa.’’, 7s,A&o
E x ten . & ool. 5s, 1 9 3 4 ___ '....J & J 1 0 9
%
7s,
1 8 9 4 .......................................A &O
Eastem Div., lst, os, 1912..A&o
7*0*
C h ic.& 8 .W .,ls t,7 s,g u a r.,’99.M & N
125
F lint & P. M arq.—M. 6 s ,1 9 2 0 .A&O
Illa. Div., lst, 68,1912....... A&O
Ohio. & S t.L ouis— ls t 6s, 1 9 1 5 ,M&S
H
o
lly
W. & M ., ls t , 8s, 1 9 0 1 . J& J
Cent.RR.of N.J.—ls t 7s,1890.F*A 106% 10*6 "*t Chio. St. L. & P .—l s t , 5 8 ,1 9 3 2 . A&O
I ij% F t. M adison & N. W ., l s t 7s, g .,1905
7s, conv, 1902, assented___M&N 111% 113
_
Chio. & G t. E a s t., 1st, 7s, 9 3-’9 5 . 1 0 5
90% 9 0%
Ft.
W
orth
& D en v. C.—1st, 6s, 1921
Consol.M.,7s,1899, assented. Q—J l l l % 1 12
C ol.& In d . C., l s t M ., 7 8 ,1 9 0 4 .J&J 1 12 3
F rem ’t E lk ’ u& M o.V .—6 s ,t9 3 3 A & 0 1122
122%
▲Ajustaient honda, 7s, 1903M&N JLUÖ 10.’
......
do
2 d M .7s,1904.M & N ♦
'1
1
8
d
o
d
o
U
n
sta
m
p
ed
..
120
Conv. deben, tís, 1908___ M&N 87
89
U n.& L o g a n s p .,ls t ,7 s , 1 9 0 5 .A& O U
.....
G alv. H ar. & San A n t.—
▲ni. Dk.& Imp. Co., 5s,1921. J&j l 0 2 10a L
..
Cin. & Chio. A . L ., 188 6 -’9 0 .......... t i o o
l s t , 6s, g., 1 9 1 0 .........................F & A 107
109%
Beh.& Wilkesb.Coal,iuo.,’88,M&N ud
99*. C hic.St.P.M in.& O m .—Con. 6s, 193 0
..%
2 d m ort.. 7s, 1 9 0 5 ................... J & D
110%
Consol., 7s,goid,1900,a88’d.t¿-M 115% 115
C h.St.P.& Minn. lst,6 s,1 9 1 8 M & N 1 2 3
128
W est. Div. l s t , 5s, 1 9 3 1 ___ M&N
97%
Cent. Ohio—ls t M., Os, 1890..M&s
107
N orth W ise., l s t 6s, 1 9 3 0 ___ J&J
d
o
2d,
6s,
1
9
3
1
.
.
.
J&
J
Cent. Pao.—lst, 6s,gold,’95-98. J&J ï i ë
117
St. P aul& S.C ity, l s t 6 s ,1 91 9 .A&O i * %
* % G a h H ou s.A H en .—1st, 5 s .......... A & O
*90 *
S. Joaquín, lstM .,6s,g.l900.A& o 113
Chic. & T o m a h .—6 s .......................... . 1 1 1 9
123
G eorgia —7 8 ,1 8 8 3 -9 0 .................. J&J
Cal. A Oregon, lst, 6s, g.,’88.J&J 100
C hic.& W .tu d .—S.fd. 6a, 1 9 1 9 M&N
117
6 s, 1 - 8 9 .........................................J&J
*109*’
do
senes B, 6a, 1892 103
G en era l m o r t , 6s, 1 9 3 2 ___ Q —M 1 0 9
G eorgia P a cific—l s t , 6s, 192 2 . J&J
Cal.& Or. C.P. bonds, 6s,g.,’92 J &j 1107 n o
Chio. & W. Mioh. 5s, 1 9 ¿ 1 . . J& D lOO %
2d m o r t.................................................
Land grant M., 6s, g., 1890.A&o 103*4
Cin. H am . & D a y t.—C on sol.os A & J ♦ U )S % 109
Gr. R ap. & In d .—l s t , l.g ., g ’d, 7 s, g.
West. Paoif., lst, 6», g., ’9 9 ..J&J
115
C onsol, m o rt., 7s, 1 9 0 5 . . . ...A & O ♦ , %
l s t M .,7 s , l.g ., g o ld ,n o t gu a r . A & O
Charl’te Col.&A.—Cous.,7s,’95. J&J i 13%' 114
do
6s, 1905. .. ..A & O 1 11 8
E x la n d g ra n t, l s t 7 s, *99..............
2d morí., 7s, 1910................ Ao¿0 110 112
Cin. H . & L , l s t M., 7s, 1903.J& J ♦
113
C onsol. 5s, 1 9 2 4 ....................... M&S
90
Cheraw &Dari.—ls t M.,8a,*88.A&o lO o
Cin. I. St. L. & Chio.—Con. 6s. 1920 ♦ n o
100 %
G r.B ’yW .& S t.P .— ls t ,6 s ,1 9 1 i.F .& A
2d mort., 7s................ .................. lo O
l s t g o d 48, 1 9 3 6 ......................Q—J
42%
2 d , In com es, 1 9 1 1 .. .........................
Ches.O. &8.W.—M. 5-6s, 1911.F&A 104
C in.& In d ia n a , l s t M .,78,’9 2 .j &D ♦ n o
115
121%
G u lf Col. & S. F e— ls t , 7 s ,1 90 9 J& J
2d mort., 6s, 1911.................F&A 62
do
2d M .. 78,’ 8 7 - 9 1.J & J !
d
2d, 6s, go ld , 1 9 2 3 .. .. ........... A & O
Ches. & ouio—Pur. money fd.,ls98 111 1 •••I In d ia n a p olis C. & L ., 78 o f * 9 7 . . . . ♦f l1u19
......... R an. & St. J o . - Con. 6s, 1 9 1 1 .. M&S
*1*20"
Series A, 1908.......
A&o 108 1
In d ’a p olis & C in., l s t , 7a,’8 8.A & O 't tO l
H arris. P . Mt. J. & L.—1st, 4 s .. 1h i 3
* P rio e n om inal; n o la te tra n saction s.
♦ P u rch a ser also p a y s a ccru e d in terest.
l In L o n d o n .
|| C oupon ofi.
e In F r a n k fo r t
do
.
do
110
0
120
18
_
12 121
26 12 1
101
12
120
112
10
Match
303
THE CHRONICLE.
5, 1887.]
GEN ERAL
QUOTATIONS
OP
SFOOK.3 AND
BONDS— C o n t i n u e d .
F o r B t p l a n a t l o n i See V ote« at d e a d o f P irat Pa«ce o f H ttotatlo n a.
r a il r o a d
B o n d s.
B id.
A sk.
R a il r o a d B o n d s.
B id.
68
....
M-tmph.A C hari.—1st,7 s, 1 9 1 5 .J A J
2d m ort-, 7 s, e x t e n d e d ........... J A J
1st con sol. 7s, 1 9 1 5 .................. J A J
1st. con s.. T en n . lien , 7 s ,191 5 J AJ
G o ld , 6s. 1 9 2 4 ............................ J A J
M -crop’n E tev.—1st, 6 s, 1 9 0 8 , JA>
Ud 6s, 1 8 9 9 ............................ MAN
M exica n C ent.— 1st, 7s, 1911 . J A J
Sealed 4s, 1 9 1 1 .. ..........
JAJ
B on d S o r i p .... . . . . . . i . . . . . . . . . . . . .
Incom es, 1 9 1 1 ................ .
D ebenture 10s, 1 8 9 0 -9 5 ... . .A A O
Scrip lOs. >889 . ........................J A J
Mexican N at.— ls% 6s, 1 91 2 A A O
Mich. C ent.—C on sol.,7 s, 1902.M AN
C onsol. 5s, 1 9 0 2 . . . . . . . ..........MAN
1st M. on A ir Line. 8s, 1 8 9 0 .JA.l
A ir L in e, 1 st M ., 3s, g u a r ...M A N
6 s. 1 9 0 9 ........................................MAS
5s, co u p ., 1 9 3 1 ...........................M AS
5s, re g ., 1 9 3 1 ............................ MA^
K a la m a z o o A S .H .,lst,8 s ,’90.M A N
J .L .A 8 a g .N o rth E x t .,8 s ,’90.M A N
do
C ons. 1st M., 8 s ,’91. MAS
do
68,1891 ...................MAS
J o lie t A N .In < l..lst,7 s (gn ar.M .C
M ich. A O h io —1st, 6s, 1923 ..M A N
Midd. Un. A W at G a p — 1st m o r t ..
2 d m ort. 5s. quar. N.Y. 8. A W ...
M11.L.S.A W.— 1st M ..6 s,1 9 2 1 .MAN
M ich . D iv ., 1st, 6s, 1 9 2 4 ........J A J
A sh la n d D iv., 1st 6s, lo 2 5 ..M A S
1st, in co m e s ........................................
St. P .E . A Or. T r’ k, 1st, gu ar.. 6s.
Mil. A N o.— 1st, 6 8 ,1 9 1 0 .. J A D
1st, 6s, on exten slou 1 9 1 3 ..J A D
M inn’ p. A St. L.—1st M., 192 7 . J A D
1st M ., Iow a C ity A W ., 1 9 0 9 .J A D
2 d m ort., 7s, 1 8 9 1 ..................... JA J
S outhw est. E x t., 1st,7 s,1 9 1 0 . J A D
P a cific E xt., 1st, 68, 1 9 2 1 .. A A O
Im p A Equip. 6s, 1922 .........1A I
Ml in‘p. A P a c., 1st, 5s 1 93 6 J A I
Minn. A N. W .— 1st. 5s. 1 9 3 4 ..J A J
Miss. A T en n .— 1st M ., 8 s,se rie s “ A "
8s, series “ B ” ............................J A J
M o.K. A T .- C o n s .7 s .. 1 9 0 4 -6 ..FA A
C on solid a ted 6s. 1 9 2 0 ............J A D
C on solid a ted 5s, 192 0 ..........J A D
1st, 6 s. g ., 1899. (U. P . 8. B r.)J AJ
H an. A C. M o., 1 st 7s, g .,’ 90.M A N
M o.Pao.— 1 st m o rt.,6 s,gld ,’ 8 8 , FA A
C onsol. 6s, 1 9 2 0 .. ................M A N
2 d m ort., 7 s, 1 8 9 1 .. .................JAJ
Car. B ., 1 st m ort., 6s, g. ’9 3 ..A A O
3 d m ortg a g e, 7s, 1 9 0 6 .......... MAN
In co m e , 7s, 1 8 9 2 ..................... MAS
M obile A O.—1 st pref. d e b e n tu r e s ..
2d p re f. d e b e n tu re s ................. ..
3 d p ref. d eb en tu re s ..........................
4 th p ref. d eb en tu re s ........................
N ew m ortga ge, 6 s, 1 92 7 . . . . J A D
C olla tera l trust 6s. 1 8 9 2 . . ..J A J
1 st exten sion 6 s, 192 7 ............Q—-I
S t.L .A Cairo— 4s, gu ar., 1931.J A J
M org’n ’s L a. A T e x . ,ls t,6 s ,1 9 2 0 J A J
1st m ort., 7 s, 1 9 1 8 ..................A A G
M orris A E ssex— 1st, 7s, 1 9 1 4 MAN
2 d m ort, 7 s, 1 8 9 1 ..................... F A A
B on d s, 7s, 1 9 0 0 .........................JA J
G en era l m o rt., 7s, 1 9 0 1 ........A A O
125
125
120
125
103
118%
llo %
61*4
56*4
£5%
1 » 78
84%
r*8 hi
40
120%
110
Ho’st.E .A W . T e x .—1 s t,7 s ,'9 8 . M AN
2d, 6s. 1913.................................JA J
114W)
H & T ex.C en— 1 st m .,7 s ,g u a r .lb 9 1 lit 14
West. D iv ., 1 st, 7 s, g ., 1 8 9 1 .. TAJ 111« b 1* 110
115
11113
W aco A N . W .. 1 st, 7s. g .,1 9 0 3 .J AJ
9**4 9 9 7s
Cons, m ort., 8 s, 1 9 1 2 ............A AO
6 8 % 75
Gen. m ort. 6s, 1921 ............. A A O
Hunt. A Br. T o n —1 st, 7 s, ’ 9 0 . .A A O 111*4
120%
2d m ort., 7 s, g., 1 8 9 5 ............. F A A 119
Cons 3d M. 5s, 1 8 9 5 ..............A A O 103*2
Illinois C entral
i s t M. C hic. A 8 p r. 1 8 9 8 ........J A ./ 1 1 6 % 117%
i0 7
1st, g o ld .4 s , 1 9 5 1 .................... J A J
98%
98
Gold, 3 ^ e , 1 9 5 1 .........................J A J
M iddle D iv. reg. 5s, 1 9 2 1 ... F A A
111
Sterling, 8. F ., 5s, g ., 1 9 0 3 .. A AO j i o y
115
Sterling, gen . M .,6s, g ., 189 5 . A AO {113
109
Sterling, o s . 1 9 0 5 .......
JA D U 07
Chic 8t.A N O .—1st co n . 7 s, 1 8 9 7 .
2d. 6s, 1 9 0 7 ............................ JA1>
Ten. lien, 7 s, 1 8 9 7 ...............MAN
5s, 1951, g o ld ......................... J A D 115*2 117
N .O .J a ok .A G t.N .2 d 8s,0 tf8.A A (»
Illinois M idland, l.-t, 7 s ........... >905 I 3 8 " " 4 2 "
123
Ind. Bl. A W.—1st, p f.,7 s , 1 9 0 0 J A J
96%
1st m ort., 5 - 6 ,1 9 0 9 .Tr. rec.A A O
8 5*2 84*2
2d m ort., 5 -6 ,1 9 0 9 , T r. r e c .A A O
32*4
in com e, 1 9 2 1 .....................................
95% 96
E ast.D iv., 68,1921,T r. r e c . .. J A D
Ind.D eo. A 8 p .— 1st, 7 s, 1 9 0 6 .A A J 106% lu 6 %
2d m ort., 5s, 1 9 1 1 .....................J A J
33*4 41
2d, in com e, 190 6 , Tr Co. cert.JA J
New 1st m ort. 6s, f u n d e d .............
Ind’p o lis A 8 t.L .—1 st,7 s, 191 9 . V ar. 1i 12*
Ind’a polisA V in.—1st, 7 s.19 0 8 .F A A 119
2d m ort.. 6s, g ., g u a r., 1900.M AN 104
Int. A G t.N orth .— 1 st,(is, 191 9 .MAN 120
95*2 96
Coup. 6s, 1 9 0 9 ...........................MAH
Ionia A Lansing—1 st 8 s ,’ 8 9 . ..J A J tlOH 109
_
t l3 4 %
90
Jefferson— H a w l’y B r. 7 s, ’ 8 7 . . JA J
101
1st m o rt., 7s, 1 8 8 9 .................. JA J
(1
15
Jefl. Mad. A In d .—1st, 7 s ,190 6 . A A O
2d m ort.. 7 s, 1 9 1 0 ....................JA J U 1 7
Junction (P hil.)— 1st,4 % s,1 90 7 JA J
135
103
116
U8
75*4 76
Kan. C. O liut’n A S prin gfield —ls,5i 104% 105
i l l , *2 118
1 .5
1 123
1113*4 113%
1125 >4 I 26
1 1 0 ** 1 10 %
72
71
1 10
96
Lake Shore a M ich . So.—
114% 115%
123*2
Buff. A S ta te L ., 7 s, 1 8 8 6 ....J A J
>30
D et.M on.A T o l.,1 st,7 s ,1 9 0 6 .F A A
K alam azoo A l. A G r .R .,ls t,8 s . JA J
Kal. A S ch oolcra ft, 1st, 8 s,’ 87. J AJ
KaLA W h. P ig e o n ,1 st. 7 s,’90.. JA J
D ivid en d b on d s, 7 s, 1 8 9 9 .. .A A O 124% 1*26*
L B .A H .S ., co n s ., op ., 1 s t ,7 s . JA J 125
d o co n s.,re g .,ls t,7 8 ,1 9 0 0 .Q —J 125
123%
d o eon s., o p ., 2 d ,7 s, 1 8 0 3 ..J A D 123
d o co n s .,re g .,2 d , 7 s,1 9 0 3 .J A D 1 *3
M ahoning C oal R R . 1st, 5s J A J 101 105
L aw rence—1 st m ort., 7 s,1 8 9 5 .F A A
125
Lehigh V al.—l s t ,6 s ,c o u p .,’9 8 .J A D
124*2
1st m ort., 6s, reg ., 1 8 9 8 ........ J A D
144
2d m ort., 7 s, 1 9 1 0 ................... M AS
Gen. M ., s. f., 6s, g ., 1 9 2 3 . . . . J A D 136*2
L. M iami—R en ew a l 5 s ,1 9 1 2 .. MAN 1 1 2 %, 115
L. R ock A Ft.S .— l s t ,l .g r .,7 s ’9 5.J A J 114!% 115
Long Isla n d —1 st M ., 7 s, 1898.M A N 1 2 *
115
1st con sol. 5s, 1 9 3 1 ..................Q —J
N ew tow n A FI., 1st, 7 s, 1 8 9 1 ........
L. I.C ity A F lush in g— 1st, 6 s .1911
N .Y .A Man. B ea ch , 1st 7 s,’ 9 7 ,J A J
N. Y . B . A M. B .,l s t con . 5s, 193 5
Lou’v.C. A L e x .— 1 st,7 s,’9 7 J A J (ex) Ï Ï 5 % i ï é *
116 %
. 2d m ort., 7s, 1 9 0 7 ................... A A O 116
Louisville A N ashville—
1 20
Consol. 1st, 7s, 1 8 9 8 ....................
Ceeilian B r., 7s, 1 9 0 7 ............. M&8 108
L ouisville loa n , 6 s, ’ 86-’8 7 ..A A O
L eb .-K n oxv. 6s, 1931 ......... M a S
Louis. O n . A L e x ., 6s. 1 9 3 1 .MAN
119
M em .A 0 .,s t l., M .,7s, g.,1 9 01 J A D +116
t2
i lF
l A A114
M.
A C larksv..8t’g ,6 s,g .,1 9 0
N. O. A M ob ile. 1st 6s, 1 9 3 0 . J A J 10 >*4 106
«0
07%
do
2 d , 6 8 ,1 9 3 0 .. .J A J
P ensacola D iv .,1 s t,6 s ,1 9 2 0 ..M AS l o o
Bt. L ou is D lv .. 1st, 6s, 1 9 2 1 . .M AS 111
55
do
2 d ., 3 s „1 9 8 0 .M A S
Nash. A D e c., 1st 7s, 1 9 0 0 .. .JAJ 119
E. H. A N „ 1st 6s, 1 9 1 9 ........J A D 1 14*4 .... ..
108%
Gen’l m ort., 6s, 1 9 3 0 ............. J A D U 8
Bo. A No. A la ., S. F. 6s, 1 9 1 0 A A O ............ 106
1 s t m ort,, sin k in g fu n d , 8s . . ..
Trupn b ond s, 6s, 1 9 2 2 ............Q—M 106*" 106%
08%
Ten-forty 6s. 1 9 2 4 .................. MAN
9 3% >•4
Pensa. A A tl.—1 st,6 s,g u ,’ 21. F A A
110%
L ev.N .A .A C hic.—1st,6 s,1 9 1 0 . JA J H O
Oil *2 96
Gen. i r o n . 6s, 1 9 1 6 ................ AAO
90
Lo’lsv.N .O . A T ex.—1st,5s, 19 34 M A 3
Maine C e n t .-M o r t . 7s, 1 8 9 8 ... J a J 1 2 o% 124
113
E xten. b on d s, 6s, g ., 1 9 0 0 ...A A O t i l l
136
Cons. 7s, 1 9 1 2 .......................... A A O 1134
107
d n d roscog . A K en ., 6 s .................. j 105
t
l
l
2
113
Leeds A F a rm ’g t ’n , 6 s, 1 8 9 6 .JA J
113
P ortl. A K .,C on s. M ., 6 s, ’ » 5 .A A O t 112
D ebenture, Hs. 1 0 * 2 0 ..................... 107% 1.03*4
00
M an.Beach Im p. ,11m.,7s, 1 9 0 9 ,MAS
113
M arq'ito tio.Oi O .—Mar.o. 0 .,8 s , '9 2 112
6 8,1 90 8 ..................... ........................ 106 s 10' %
6 8,1 92 3 (ex te n s io n )............... J A D 1 0 /% 101
1-1*4
6s, 1925 (M ary. A W e st.).. J A D l . i l
MArr-r-l,!
_
...
......
__ _
* Price n om in a l; n o ia te trausaotions.
N ashua A L o w .—6 s, g ., 1 8 9 3 .F A A
5s, 1 9 0 0 .....................................
N ashv.C h. A S t.L.—1 st, 7 s ,191 3 JA J
2 d m ort., 6s, 1 9 0 1 ........... . . . . . J A J
N a sh v.A D e c a tu r—1st,7s,1900.JA J
N atch ez J a c k . A C ol.— 1st, 7s. 191(
N ew a rk A N. Y .— 1st, 7 s, 1 8 8 7 .JA*
N ew ’k S ’ setA 8 .— 1st. 7s, g .,’ 89.M A >
N’ b u rg h A N .Y .—1 st M. 7s,1888.JA.i
N. J . J u n ctio n , 1st, 4 s, l.-*8 6 ..F & i)
N ew J ersey A N. Y .— 1st m o r t . . . .
N. J . Southern— 1 st M .,n e w 6 s. JAJ
N. O. A N ortheast. —P rior 1.6». 19 >f
N .Y .A Can.—£ M „ 6 s , g ., 1904. MAN
N Y . C entral A H ud. R .—
D e b t c e r t, e x .o s ...................... MAS
M ort., 7s, cou p ., 1 9 0 3 ...........JA J
S terlin g m ort., 6 s, g., 1 9 0 3 ...J A J
T ru st Co. r e c e ip t s ..................
N. Y . E lev a ted .— 1st M ., 1 90 6 .J A J
2 d m ortga ge i n c o m e .. .. . . .
N .Y .A H arlem —7 s,cou p .,1 90 0 .M A N
N Y .L .E AW . ls t ,7 s ,’9 7 , ext.M A N
2d m ort, e x te n ., 5s, 1919 ..
•3d m ort. e x . 4 % s, 192 3 ........
A sk.
R a il r o a d B o n d s .
........ N f.O n t .A W .--1 st,g .,6 8 .4 9 14.IMA3
........ Í ST. Pa. A O .—1 st n o .,a oo.7 s, 190 5
■d o
p rio r lie n ,in o .a o ., 5 -6s, *95
2 d m ort. m o ............................ - .........
05%
3 d m ort. ln o ................................... .
L eased L. ren ta l trust, p e r d eb. 4s
L19
W est. e x t . o e rtifs, 8 s, 1 8 7 6 ..J A J
.11
do
do
7 s, gu a r. E rie
b l%
50*2 Î r.Y. P h d . A N or.—1 st, 1 92 3 ..J & J
In
com
e,
6s.
1
93
3
.................
..A A O
.’ 6
1 0 % 5r.Y .S u sq . A W . - 1st. 5s, 1 9 1 1 .JA J
t6
D ebentures i% s , 18 9 7 .. . . . . F A A
70
M d l’d o f N. .1.—l8t.H 8.1910. A A O
41
5L Y W ood.A R e e k , 2 d in c. 1912
......... >fo rf’ k A W .—G en ’l M .,68,1931 MAN
New R iv e r 1 st 6s, 1932 . . . .A A O
Iiupr. A E xten ., 6s. 1 9 3 4 ....F A A
A d ju stm e n t 7s, 1 92 4 ..........Q.— M.
Cnnv. d e b ., 68, 189 4 ............. J A J
iio *
N o rf’ k A P e te rs b .,2 d , 8s, ’9 3 .JA J
South Side, V a.,1st, 8 s ,’ 84-’9 0.J A J
do
2 d M .,e x t.,1 8 9 9 .J A J
do
3 d M.. 6 s,’86-’9 0.J A J
V a .A T en n ., 4 th M .,8 s. 190 0 .JAJ
do
e x te n d e d 5 », 1900. J A J
ÍÓ6 *
m in î
..........í
100
G en. m ort., 7 s, 1903 ................JA J
85
79
N ew loa n , 6s, re g ., 1 9 0 5 ........ MAS
110
......... I iorth east„S .C .— 1 s t M .,8 s,’9 9 ,MAS
116
2d m ort., 8s. 1 8 9 9 ................... M A*
1 i 7 Hi
1(15
106
103
3 d m ort., 6 s, 1 9 0 0 .. ............... A A O
C on. m ort., 6s, g .,o o n p ., 190 0 . JA J
10/
M ort, b d s., 5 s, 1926, s e rle sA JA J
lu 5 % Lob
135
do
serles B ..........................
- 119
C on. m ort, stg . 6s, g . , 1 9 0 4 ...J A J
t
o
l
J
forthern
,
N
.J.—
1st M .,6 s ,’8 8 .JAJ
..........
.......... Î
lu i
M o. D iv. 6s, 1 9 1 9 .................. MAN
89
—
G e n ’l 1. g ., 1st, 6 s. 1 9 2 1 ......... J A J
G en ’l 1. g ., 1st, 6s, r e g ...........JAJ
1 0 2 % 103*2
o e n . land g r., 2d, 6s. 1933. A A O
J am es K iv.V al.— ¡.st,g.,Hs.’ 3 6 J A J
115
105
lo o
Sp >kane A P a l.,1 st 6 », 1936. MAN
1 lu %
11»
s t.P A N or. Pae. g e n .6 s.1 9 2 3 .F A \
] forth. P »0. Ter. Co. T s t,6 s .’ 33. J AJ
9 9 7s 1 00
] fo rw ’ h A W o rc’r—1 st M .. 6 s.’97. J &.¡
8 , % 88
. . . . . . .........
)gd ’n sb ’gA L .C h.— 1st M .6s,’97,JAJ
109%
S in king fu n d , 8 s, 1 8 9 0 .........MAt
C onsol, ,6 s, 1 9 2 0 .. .. . . . . . . . . A A O
1 0 .%
In com e, 3s A 6 s l 9 2 0 ............
115% 115*2
......... 111
In com e, 6s, 1 9 2 2 , T r. r e o .............
1*4% 1*2*5 " ilnoA Miss.—C ons. 8 .F .7 s ,’9 8 . JA»
C ons, m o rt,, 7 s, ’9 8 ...................JAJ
t>0
*64
2 d m ort., 7 s, 1 9 1 1 ........... .. ..A A O
1st gen , 5s, 1 9 3 2 .. .. . . . . . . . J A D
36
38
1st m o rt.,S p rin g f.D iv ., 1905 MAN
28*2 33
26
V2
>hio Southern— 1st 6s, 1921
109 % i i O
2 d inoom e, 6s, 1 9 2 1 ............. .
,T
1*0*3
73
1 42
110
110
12 >
143
111)**
127% 123
135
lv 9 4 i LIU
108*2 110
131%
L09 1 10
102
1*01
100
103
lO o
98
1 14
106
13 i
133
106
119
101 %
97
o4
7o
71
1 *2
33
t>
132
>27%
lo 7 %
1 2 *%
.........
..........
113%
1**4
13l5g
90%
104%
99
110
I 16
106%
133%
134%
121
lo 2
0 7%
9 6%
71
.2
12*%
35*2
9
133
1*9
.....
. . . . ..
114%
lo 7
115
0 >%
133%
108%
.....
90
Fund. 5s, 1969 ............... . . . J A I
1 st con i. fu n d cou p , ,7 s ,1 9 2 0 M as 126%
*98
2 d con s. f ’d cp ., 5 8 ,1 9 6 9 ........J A I t 06
..
10 .
R eorga n iza t’ n 1st lien, 6s, 1908
89
70
G o ld in com e bond s, 6s, 1 9 7 7 .. ..
Long D ock m ort., 7 s, 1 8 9 3 ..J A I
do
con . g ., 6s, 1935 ..A A C
127% 127%
>8
117%
108
10 7
* fc
02
2d 6 » (sca led to 3 s )----11
-.
I ^Ui’uUdioor tkioo jJAjfo dhoKjVkiö x im m o á
6s, 1 8 9 5 ....................................... J A D
7 s, 1 8 9 4 ..................................... M AS
41«», 1 9 6 4 ....................................A A O
Bosti.C .A Fltehb .l8 t,7 8 ,’89*90JAJ
B. C. F . A N. B ., 5s, 1 91 0 ..J A J
N. B ed ford R R ., 7s, 1 8 9 4 ..J A J
2 d m o n ., 7 s ...................................
Bid. Ask.
107*4
{44% 45%
tioo
111
{10% 11%
{4%
{84
{53
J55
106
56
II 91
II 75
113*4
5*»
86
58
60
106%
58*»
96
..........
112
97
UO
..
114
102
106
*100
L0
10*
104
122
133
113
lOO
105
85
133%
135
13*
1*0
121
...... 108%
173%
1*0% 122
...... 110%
......... 111
1 10 113
tio o 102
i*19%
..........
106% 107
108 109%
114
119
iOl% 107
117
11»6
1103
119
107
103*4
IOu% 100%
40
42
...... n o*’
117% 118%
117 119
91
........
112
10 » % 105
41
43
U 9 i*
t ilo * *
tlL9*S
1110
t L081*
f 114
tU 8
t lu4
120
117
120
111
110
1 15
120
106
IGO*4 i b i "
1124
iïô "
P an am a—S terl’g M .. 7 s. g. ’ 97. A AO { lo 8
95
lv2%
S inking fu n d su b ., 6s, 1 9 1 0 .MAN
(102
105
S u b sid y b on d s, E n g. issue, 6 s . . .
•euu.RK.—G e n .M ,6 s ,o p .,1 9 1 0 (i—J 135
G e n ’l m o rt., 6 s, re g ., 1 9 1 0 ..A A O 13 7
C ons, m ort., 6 s, reg ., 1 9 0 5 ..Q —M 1 24
do
6 s, co u p ., 1 9 0 5 ..J A D
C olla tera l tru st, 4 % ), 1 9 1 3 .-J A D
C onsol. 5s, 1 9 1 9 ...................... J& D 1 1 0 ‘s
P enn . C o., 6s, re g ., 1 9 0 7 ....Q .—J 109%
104 ** 105
do
1st M , 4 %s, 1921.J A J
P e n n .A N .Y .C a u .- 1st. 7s, ’9 6 .J A D 121-4 122^«
1st m ort., 7s, 1 9 0 6 ............... ..J A D i 3 L 131*2
03
05
P en sa cola A A tla n tic - 1 st m .. F&A
P eo. D ec. A E v .— 1st, 6s, 1 9 2 0 .J A J 1 L1 %
85
In com es, 1 9 2 0 ...................................
108
E va n sville D iv .,1st 6 s ,l9 2 u .M A d 107
b
i
fc5
do
in co m e , 1 9 2 0 . . .
11*%
Peo. A P ekin U n.— ls t ,6 s ,1 9 2 1 .0 — F . . . .
7
0
75
2 d m o r t . ¿ 'i n , 1 9 2 1 ............... (J —F
00
1 00
P erk iom en — 1 st M ., 6 s, 1 8 8 7 ..A A O
{88
92
Cons, inert.. 6s, 191 3 , ste rlin g . . .
P etersbu rg -C lass A , 1 9 2 6 ----- J A J 1 8
197*2
L08
Class B , 192 6 .............................A A O
Phila. A E rie — 1st M .,7s, 1 8 8 8 .J&J 104% 105
L28
G en. M.. gu a r., 6s, g., 1 9 2 0 . .J A J { 1 - 5
C -nsol. 5s, 1 92 0 ......................AAO L l* % 115 %
d u n ou ry A E rie, ls t M .,7 s .’ 9 7 .A & o
. . . 1 26
P b iia A R e a d ’g— 1st, 6s, 191 0 .J&J
2d , 7 s, ’9 3 ................
A A O 113%
37
D eb en tu re 6s, 1893 ................ J&J
C ousoL M .,78,1911, re g .A c p .J A D 1 ¿ 2 % 123
Hi
C onsol, m ort., 6 s, 1 9 1 1 ..........J A n
Im p rovem en t m ort., 6s, ’9 7 .A A O 104
103
G en ’ l in ort., 6 s, 1 9 0 8 . . . . . . . . . J &
1. 0
do
reorga n , c e it s .
G e u ’ l m o rt., 7 s, 1 9 0 * ...............J.*J 1 2
98
do
r. org an , ce r ts .
44%
C o n v e rtib le , 7 s, 1 8 9 3 ............ J A.
Ö¿
62%
C ons. 5 s, 1st s e rie s .............M A N
43% 45
C ons. 5s, 2d s e r ie s .. . . . . . . . . - F & a
ô5
C ouv. aity. s c r i p .........................JAJ
100
{oO
S crip fo r 6 d e fe rre d
co u p o n s .
0%
D e fe rre d in o o m e .............................
57
In co m e m ort., co n s. 7 s , ’9 6 , J A i
40
C o a iA l., g u a r .,7 s ,’9 2 ,e x -o p .M A
109
Puiia. Wil. A Balt.—6 s, 1 8 9 2 ..A&>
113
os, 190 0 . . . .....................
A&o t i l l
108
Phil. W il. A B alt., 58, 1 9 1 0 ...JA > t l » 7
O %
_
....
I Lil isOildOU.
II u u ap ou o
THE CHRONICLE.
OF
STOCKS AN D
R a il r o a d B o n d s.
Bid.
Ask.
90
P ltts b .B ra d f.A B.—ls t ,6 s l9 1 1 A & 0
P ittsb .C .A S t.L.—1 st, 7 s, 190 0 .F & A 1221«
2 d m o rt., 7 s. 1 9 1 3 ................... A & O
P ittsb . C 1.& Tol.—1st, 6s, 1 9 2 2 .A & O 114
P ittsb .& C on ’Usv.—ls t M .7 s ,’98.J& J 128
129
S te r lin g eon s. M ., 6 s, g ., g u a r .J&J {1 27
111%
P itts b .F i.W . & C.—1 s t,7 s ,1 9 1 2 V ar 140
139
2 d m o rt., 7 s , 1 9 1 2 ..................... J&J
3 d m o r t ., 7 s, 1 9 1 2 ..................... A& O 138
P itts b . M cK .& Y .— 1st,6 s ,1932.J&J
95
P itts b . & W est.—1 st m o r t____ . . . . .
108
P o rtl’nd & O gb’g —ls t 6 s ,g . ,1 9 0 0 J& J 106
P o r t R o y a l & A u g.—1st, os , ’9 9 . J& J 105
40
In co m e m ort., 6 s, 1 8 9 9 ..........J&J
R en.& S ’toga —1 st 7 s,1921 oou.M &N 143
7 0% 71%
R lc b ’d & A lleg h —1 st, 7 s, tru st reo.
2 d m ort., 6 s, 1 9 1 6 ...................M&N
103
R ic li’ d & D a n v .—C on .,6s,’9 0 ..M&N
113%
G en era l m o rt., 6 s, 1 9 1 5 ........J&J 113
112
D eb en tu re, 6s, 1 9 2 7 ................A & O
107%
do
a s s e n t e d ....
104
P ie d m o n t B r., 8 s, 1 8 8 8 . . . . . . A & c> 103
R ic h . F red . & P o to m a c—6s,ext.J & J
M o rt, 7 s, 1 8 8 1 -9 0 ...................... J&J
R loh . & P etersb ., 8 s ,’ 8 4 -’ 8 6 ...A & 0
N e w m o rt., 7 s, 1 91 5 ............. M&N
R ic h m o n d Y o r k R iv . & C hes., 8 s . . . 1121« 116%
2 d m ort., 6 s . . . .............
M&N 102
B ooh . & P itts.. lB t, 6s, 1 9 2 1 .. .F & A 115
C onsol. 1st, 6s, 1 9 2 2 ............. J& D 110
55
70
do
in com e, 1 9 2 1 ..........
80
R o m e & C arrollt.—1st, 6s. g ., 1916
85
90
R o m e & D e c .— 1 st., 6 s, 1 9 2 6 .. .J & D
91
R o m e W at’n& O .—B .F .,7 s ,189 1 .J& D 110
112
2 d m o rt., 7 s, 1 8 9 2 ..................... J&J 107
C on sol., 1st e x . 5e, 1 9 2 2 . . . . A&O 103
103%
In c o m e 7 s, 1 9 3 2 ...............................
R u tla n u — 1 st M., 6 s, 1 9 0 2 ....M & N 1 1071« 108
194
E q u ip m e n t, 2 d m ort., 5s ....F & A
95
S t.Jo. & Gr. Isl’d— 1st,guar.Cs. 1925. 106% 107%
71
2 d m ort., in com es, 5 s, 1 9 2 5 . . . . . .
71%
S t,L .A lt.& T .H .—1 st M „ 7 s, ’9 4 . J&J 114
2 d m o rt., p re f., 7 s, 1 8 9 4 . . . . F&A 110 % 112 %
2 d in co m e , 7 s, 1 8 9 4 .............M & N 107%
D iv . b on d s, 1 8 9 4 .......................... .
35
B e lle v .A 8.111.,1st,S .F .8s.’9 6 .A & () 117
B eU ev.& C ar., 1st 6s. 1 9 2 3 ..J& D 111
113%
Bt. L . A rk. & T e x . 1st 6s, 1936. M&N 100 % 100%
5 1 % 5 1%
2 d m ort., 6s, 1 9 3 6 ....................F&A
Bt. L ou is & I. M t.— 1st, 7 s, ’9 2 ,F&A 111
113%
2 d m o rt., 7 s, g ., 1 8 9 7 ............ M&N
A rk . B r. 1. g r ., M ., 7 s, g ., ’9 5 .J&D 112
C a iro A rk . & T .,1 st,7 s,g .,’9 7 .J& D 111% 112%
C a iro & F u l., ls t ,L g .,7 s ,g .,’91. J&J 106% 107
96
G en . co n . r’y & 1. g ., 5 s,1 9 3 1 A & 0
97%
St. L ou is & San F ra n .—2d,ol.A M & N 115
115
2 d M ., cla ss B , 1 9 0 6 .............. M&N
d o cla ss 0 , 1 9 0 6 ................M&N 115
115%
B outh P a cific.— 1 st M. 1 8 8 8 .J&J 101 % 102 %
K a n .C . & 8 w ., 1st, 6s, g., 1916.. J&J 100
lt5
P ie rre C. & 0 . 1st, 6 s .............F&A 105
106
E qu ip m en t 7s. 1 8 9 5 ................ J & l
no
G en era l m o rt.. 6s, 1 9 3 1 ......... J&J
110 %
F t.S .& V .B .B d .,ls t,6 s , 1910.A & O
no
98
S t.L.K .& S o.W . -1 st 6 s, 1916M & S
T ru st bond s, 6s, 1 9 2 0 ...........F & A
108%
St. L. W . & W., 6s, 1 9 1 9 ........M& n
108%
118
S fc.L.V and. & T.H .—IstM . ,7s, '9 7 . J &.
2 d m o rt., 7 s, 1 8 9 8 ...................M&N .0 5
2 d , 7 b,g u ar., '9 8 ........................M&N 108
Bt. P . & D u lu th—1st, 5 s, 1 9 3 1 . F&A H 0 %
S t.P .M inn .& M an.— 1st 7 s ,190 9 J&.
114
2 d 6 s, 1 9 0 9 ................................ A&O Li9 %
D a k . E x t .. 6s. 1 9 1 0 ................M&N
120
1 st con sol. 6s, 1 9 3 3 ................J&J 119% 119%
;
9
do
red u ce d to 4 % s ..J & J
99%
i 12
M in n ’s U ’n, 1st, 6s, 1 9 2 2 ___ J&J
S a n d u sk y M a n sf.& N .— 1st, 7s,19<>- t : l o %
S ay . FI. & W .— 1st, 6s, 1 9 3 4 ..A & O 108
103
A t. & G u lf, co n . 7 s, ’ 9 7 ...........J&J 116
120
So. Ga. & F la.—1st, 7s, 1 8 9 9 ......... 117
118
2 d , 7s, 1 89 9 ...........................M&N 1 12
115
97
S cio to V al.—1 s t, 7 s, sin k ’g f d . . J &J
100
64
2 d m o rt., 7 s, sin k’g f d ......... .A & O
70
C onsol. 7s, 1 9 1 0 ........................ J&J II 6 0
70
»6
B henandoan V al. -I s t .7 s .l9 0 9 .J&J
97%
30
G en era l m ort., 6s, 1 9 2 1 ........A & O
38
60
S hreve. & H ou s.— 1st, 6s, gu ., 1914
70
S io u x C. & P a o., 1 st M ., 6s, ’9 8 .J&J 109
109%
Bodus Bay& S o.—lst,5 s ,g .,1 9 2 4 J & J
So. C arolin a—I s t M .,6 s ,1 9 2 0 ..A & O i l 5% 107%
2 d m o rt., 6 s. 1 9 3 1 ..................... J& J
80
I n c o m e 6s, 1 9 3 1 ................................
18
25
14
So. Cen. <N.Y.)— C onsol, m ort., 5s.
44
South. K a n sa s—1st, 5 s .............M&S 1 0 1 % 102
84
In com e, 6 s . . . .................................
84%
S o.P a o, Cal.— 1st, 6s, g .,190 5 -1 2 A& O 112 %
So. P a o .,A riz .—1 st,6 8 ,1 9 0 9 -1 0 .J& J 110% 1 1 Ï ’
S o. P a o.. N. M .— is t , 6 s, 1911 .J & J 10o%
8 ou th w estern (G a .)—C o n v .,7 s,1 8 8 6
Staten Isl. R ap id T rans.— le t m ort.
S teu ben . & m d ., 1st 6s, 1 9 1 4 . .J & J
S tock. & C o p —1st, 5s, 1 9 0 5 . . . J k J
S nm inn B r.—1st. 7s, 1 9 0 3 ........J&J
S unb.H az.& W -B .— lst,5 s,1 92 8 M & N 106
2 d m o rt., 6s, 1 9 3 8 ..................M&N
99
S cnp .B .& E rieJ u n o.—I s t M .,7 s ......... ♦110
115
SyrTBing.& N.Y.—oon sol.7 s,’0 6 A & 0 131%
T e x . Cent. -lst,s k .fd .,7 s,1 9 0 9 M & N
8 >
1 st m ort., 7 s, 1 9 1 1 ..................M&N
80
T e x a s & N ew O rlea n s—ls t,7 s .F & A 115
S abine D iy ., 1st, 6s, 1 9 1 2 ...M & S U.0% i d
T e x .& P a o —ls t M .,6 s ,g ., 1905. M&S 112%
C on sol, m o r t .,6 s , g o ld , 1 9 0 5 . J&D 10 i
i o l % 103
do
tru st r e o e i p t s ___
6 4 *1 65%
In c. a n d la n d g r ., reg ., 1 9 1 5 . J u ly
R io G r. D iv ., 6s, 1930, Trust reo
74*s 75
do
e x A u g . cou p .
G en ’l m ort.& term ’l 6 b, 1905 A&O
6 7%
67
do
do
tr.receip ts
N .O . P a c., 1st, 6 s ,g o ld , l.«2 0 .l&J 1181% 84%
T ol.A . A r.&N. M.—ls t ,6 s , 1924.M & N
8 9%
T o l.A .A . iv G r.T ., 1s t,««. 19 •1.J » r i n %
* P rice n o m in a l; n o la te tra n sa ction s,
R a il r o a d St o c k s .
BONDS —Co vtinued .
o f F ir st Paste o f Q u o ta tio n s .
Bid.
A sk.
T ol. & O h io Cent.— 1st, 5s, gu .1 9 3 5
98% 9 8 %
Tol. Peoria& W .—1st,7 s,1 91 7 , tr.re e . 108% 110
T ol. 8 t .L .& K .C .,ls t ,6 s ,1 9 l6 ...J & D
U aited C o ’s N .J.—C on s.,6 s,’9 4 . A&O
do
gen . 4 s, 1 9 2 3 ..... F&A 102
S terlin g m o rt., 6 b, 1 8 9 4 ........ M&S {110 112
122
do
6s, 1 9 0 1 . . . . . M&S {118
Cam . & A m b., m o rt.. 6 s. ’ 89.M & N 107%
U a ion P a c ific —ls t ,6 s ,g .,’ 9 6-’ 99J& J 116%
Land G ran t, 7s, 1 8 8 7 -9 ..........A& O 103
Sink. F ., 8s, 1 8 9 3 ......................M&S 115% 116
R eg. 8s, 1 8 9 3 ............................ M&S 1 14
128
Om. B rid g e , s te rl. 8 s, g ., ’ 9 6 .A & O {1 23
C ollateral trust, 6s, 1908 ....J & J 106%
C olla tera l trust, 5s, 1 9 0 7 ___ J& D
111 %
K a n s .P a o ., 1 st, 6 s, 1 8 9 5 . . . . F&A
do
I s t M . , 6 s, 1 89 6 ..... J& D 111
do
D e n y . D iv ., 6 s ...M&N
115
d o 1 st co n s. M .,6s, 1 9 1 9 M&N 104 %
O regon S hort-L ., 6s, 192 2 . . F & A 101 % 102
U tah Cen.— 1 st M ., 6s, g .,1 8 9 0 .J& J
81
U tah So., g en ., 7s, 1 9 0 9 .. .. J& J
90
d o e x t , 1st,7 s ,1 90 9 J& J
U tica & B l’k R .—M ort., 7s, ’9 1 . J&J 107
V er. & M ass.— G uar. 5s, 1 90 3 M&N 111 % 112%
95
V loksb. & M er.—N ew 1 st m ort. . . . .
5 7%
2d m o r t .................................... .
17
14
3d m ort., In co m e ...............................
Y lck sb . Sh. & P a c. -P r io r lien, 6 s . . {111 111
119
V a. M idland— 1st ser., 6 s,1 9 0 6 . M&S
2 d series, 6s, 1 9 1 1 .......... .....M & S 1 17
3 d series, 5 -os, 1 9 1 6 ........... ..M & S 107
70
72
4th series, 3-4-5s, 1 9 2 1 ..........M&S
5th series, 5 s, 1 9 2 6 ..................M&S 1 06 %
93
96%
in com es, c u m u la tiv e ................... .
W abash St. L ou is & P a cific—
113 % 114
1 st, e x t ., 7 s , ’9 0 , e x ..............F & A
90
85
M ort., 7s, 1 8 7 9 -1 9 0 9 ............. A & O
2 d m ort., 7 s, e x t. 1 8 9 3 , e x ..M & N 1 01 % 103
E qu ipm ent 7s, 188 3 ............. M&N
5 0% 53
G en .. 6s, 1920, T r. r e o ........... J& D
94% 9 1%
C hic. D iv ., 5s, 191 0 g o ld ........J& J
H a va n a D iv ., 6 s, 1 9 1 0 ............J& J
Indlanap. D iv ., 6s, 1 9 2 1 ....J & D
86
D etroit D iv .. 6s, 1 9 2 1 ............. J & J
C airo D iv .. 5s, 1 9 3 1 ................. J& J
90
87
C ons. m ort. ,7 s ,190 7 , co n v e rt.© —F
112
1st, St. L. d iv ., VS, 1 8 8 9 ........F&A 111
112%
114
G t. W est., 111.,1 st, 7 s, ’ 8 8 ...... F& A
do
2 d , 7s, ’9 3 . . . . M&N 102%
92
Q’n cy & T o l., 1st, 7 s ,’9 0 ___ M&N
90
H1.& S .I a ..ls t, 6s, 1 9 1 2 ........F & A
109
Bt.L.K .C. & N. (r.est.& R.),7s.M & 8
d o O m .D iv .,ls t7 s ,1 9 1 9 .A & 0 106% 109 %
71%
d o C lar. B r., 6s, 1 9 1 9 .. F & A
d o N o. M o., 1st, 1 8 9 5 ...J& J Í 16%
103
%
d o St. C h a ’s B rid ge 6s, 190 8
W ab. F un d. 190 7 —V ar. 7 s . F&A
do
V ariou s 6 s ............ F& A
60
W .St. L. & P .— I o w a D . 6s, Tr. r e o ..
Warren (N .J.)—2 d , 7 s, 1 9 0 0 ..A & O
W est Chester—Con. 7s, 1 8 9 1 ..A & O 112 %
W. J ersey & A t. 1st M .,6 sl9 1 0 M & S 106%
W est J e r s e y —1st, 6s, 1 8 9 6 ........J&J 115
1st m ort., 7 s, 1 8 9 9 . . . . ............A&O 126
C onsol, m o rt., 6s, 1 9 0 9 ...........A&O
W est Shore gu ar. 4 s ..................... J& J 102 % 102%
103
W est’n A la .—1 st M ., 8 s, ’ 8 8 . . .A & O 101
113
2 d m ort., 8s, gu a r., ’ 9 0 ..........A&O 112
127
W est.M aryl’ d— 3d e n .,6 s, 190 0 . J&J
W ’nN o.C a rolin a —lst,7 s,1 8 9 0 .M & N 106% 107
95
C ousol. 6s, 1 9 1 1 ........
J&J
West’ nP en n .— 1 st M .,6 s , ’9 3 . . A & O 110
i
ll
P itts. B r., 1 st M .. 6 s, ’9 6 ........J&J
W heeling & L .E rie— 1st, 6s, g ., 191 0
109
108
W iohita & W estern— 1st, 6 s ___J&J
W ilm. C olu m bia & A u gu sta , 6 s ........
120
Wil.& W eldon—8. F ., 7s, g ., '9 6 . J&J
94
95
W iscon sin C ent.— 1st ser., 5s, 1909
57
57%
2d series, 7s, 190 9 , I f e a r n e d ___
Wis. V a lle y— 1st, 7 s, 1 9 0 9 ..........J&J 127% 128
109
W ore’r & N ashua—5 s, ’ 9 3 - ’ 9 5 . . Var. 108
106%
Nash. & R ooh .. gu ar.. 5s. ’9 4 .A&O 106
R A I L R O A D S T O C K S . P ar
{9 % 10%
Ala. G t. South.— L nn., A ., 6 s ,p r e f..
4%
L im ., B, 0 0 m ............................... .
13%
3
Ala. N. O. & P a c., & o., p r e f.............
{2%
do
do
d e f...
1%
{%
A lb a n y & S u squeb., G u ar., 7 . ..1 0 0
A llegheny V a l l e y ............................ 50
A tchison Col. & P a o lflo .......................
9 7% 97%
it c h is o n T o p e k a & S an ta F e . . 100
95
A tlanta & C h a rlotte A ir L i n e ..........
91
12%
A tlan tic & P a c ific ......... ........... .. 1 0 o
12
135
\ugu sta & S ava n n a h , le a s e d . . . 1 00 133
165
B altim ore & O h io ..........................100 160
145
do
1st p re f., 6 ___ 100
do
2d , p r e f . . . ...............j Ì 2 6
10
7
P a rkersb u rg B ra n o n ..................100
47
Bell’s G a p ........................................... 50 $ 45
csoston <s A lb a n y ................... . . . . 1 0 0 201 % 202
Host. Con. & M o n t r e a l.................100
do
P re f., 5 ... 1 0 0 105
105%
Bost. H art. & Erie, K u o w l.a g re e ’ tn
15
21
Boston H oosao T un. & W estern___
18
155
B oston & L o w e l l .. .................... ..1 0 0 154
2
17
%
2
1
8
B oston & M aine.............................. 100
1<>2
B oston & N. Y . A ir-L in e, p r e f .......... 101
212
211
%
B oston & P r o v id e n c e ................... 1 00
141
B oston R e v e re B e a ch & L y n n .. 100 140
45
46
B rook ly n E le v a te d .. n e w .................
10
B rook ly n & M o n ta u k ....................1 0 0
30
do
P r e f .. . . . . 1 0 0
Buff. N. Y . & E rie, le a se d ........... 1 00
1 0 % lO %
Buffalo N. Y . & P h ila .,a ss.p d ___ 50:
do
do
‘ P r e f ...50
6%
43
B uffalo R o ch e ste r & P itts b ........100|
47
47
B u rlington O. R a p id s at N o r th .. 100
C airo & V in cenn es, p r e f........ ............
C aliforn ia P a cific..................................
3T% 37%
C a lifo rn ia S o u t h e r n ... . . . . . . . . . 1 0 0
C am den & A tla n tic ................... . . 5 0 § 19
do
P -«f
. . . . 50 5 41
t P u rch a ser a lso p a y s a ccr u e d in terest.
{ In L ondon
R a il r o a d St o c k s .
B id.
A k
C an ada S o u t h e r n . ...................... 1 0 0
5 9 % 59%
00% 61%
C anadian P a c ific .............................100
C a ta w is s a ........................................... 50
20
do
1 st p r e f . . . ....................50
56
do
2 d p r e f ........................... 5 0
53%
15
C edar F a lls & M in n esota ............1 00
17%
C entral o f G e o r g ia .. . . . . . . . . . . . . 1 0 0 121
122
10
C entral I o w a ................................... 100
12
do
1 st p r e f . . . . . . . . . . . 1 0 0
do
2d p ref
1 00
24
C entral M a s sa ch u se tts ................100
24%
52% 52%
do
p r e f . . .1 0 0
6 8%
C en tra l o f N e w J e r s e y ... . . . . . . 1 0 0
50
C entral O h io.....................
50
51%
do
P r e f 5 0 52
3 6% 36%
C entral P a c ific ............. ................. 100
35
C h a rlotte Col. & A u g ................... 1 00
44
8
C hesapeake & O h io , co m m o n ..1 0 0
9
14% 15%
do
1 st p r e f ...1 0 0
9% 11
do
2 d p r e f ___ 1 00
120
C heshire, p r e f . . . . ................... . . . 1 0 0 118
144
C h ica go & A l t o n . . . . . . . . . . . ........ 1 00 143
8
13
C h ica go & A tla n tic B e n e fic ia r y ....
83% 83%
C hicago B u rlin g ton & N o r t h ... 1 00
C h ica go B u rlin g to n & Q u in c y .. 1 00 138% 138%
C h ica go & C an ada S outhern . . . . . . .
iió
C hicago & E a st I l l i n o i s .. .................. 109
7
11
C h ica go & G ra n d T r u n k ...................
52
53
C h ica go & Ind. C oal R a ilw a y ..........
83% 85%
do
do
pref.
9 2 % 92%
C hioago M ilw a u k ee & St. P a u l. 100
121
121%
do
p re f., 7 .10Q
C hicago * N orth W e s te rn ..........1 00 115% 115%
do
P r e f., 7 ..1 0 0 141
C hioago R o ck Isla n d & P a o .. . . 1 0 0 125% 1 2 6 %
16% 17%
Chic. St. L ou is & P itts ................. 100
3 7% 39
do
p r e f..........1 00
49
49%
d u o . St. P. M inn. & O m .,o o m ..lO O
do
p r e f .. 1 00 108% 109%
55
56
C hioago & W est M ic h ig a n .. . . . . 1 0 0
140
Cln. H a m ilton & D a y to n ........... 1 00 1 35
90
95
do
P r e f...
103
Cln. In d la n a p . St. L ou is & C hic. 100 102
80
95
C in cin n a ti & M ilfo r d .....................
64
65
C in cinnati N. O. & T e x . P a o . . . .1 0 0
26
26%
Cln. S an d u sk y & C le v e la n d ......... 50
52
54
do
P r e f., 6 .5 0
5
6
Cln. W ash in g ton & B a lt ............. 100
8%
9%
do
p r e f .. 100
63
64
C lev. Col. Cln. & I n d ia n a p o lis .. 100
7
7%
C levelan d & C a n to n ............................
30% 31%
do
do
P r e f ..
152
1
51
C lev. & P ittsb u rg h , g u ar., 7 ........50
173
C olum bus & X e n ia , g u ar., 8 ..........50 17«)
35% 35%
Col. H o o k .'V a l. & T o l................... 1 00
38
48
C olu m bia & G reen v ille ,p r e f . . . . 1 00
126
C o n co rd ....... ............
50 124
150
C o n co rd & P ortsm o u th ,g u a r.,7 1 0 0 148
C on n ecticu t & P a ss u m p sio ........1 00 106% 107%
194
C o n n e cticu t R iv e r ........................ 100 193
D a n b u ry & N o r w a lk ....................... 5 0
80
D a y to n & M ich ig a n , gu a r., 3 % ..5 0
170
do
P r e f., gu a r., 8 .5 0 1 69
150
D e la w a re & B o u n d B r o o k ..........100
D e la w a re L aok. & W e ste rn ..........5C l o 5 % 135%
2 5% 25%
10«
D en v. & R io Gr. ..................
6 0 % 61
do
do
p re f.1 0 0
19% 21
D en ver & R io G rande W estern ___
15
Des M oines & F o rt D o d g e .................
25
do
do
P r e f..
72
Det. L ansin g & N orthern , 00m .10» XÒ8
do
do
P r e f. 10« £105 106
D ubuque & S io u x C ity ................. 100
13% 13%
E ast T en n . V a. & G a. R y ........... 10(
75% 76
do
do
1 st p r e f .. 100
2 5 % 26
do
do
2 d p r e f . . . 1 00
4 5% 47
E ast P e n n ................................
50
2 5% 26%
East & W est, A la b a m a ..................
E astern (M a ss.)........... .................1 0 0 131% 132
137%
137%
do
P r e f...................
110%
E astern in N . H .............................. 100 l i O
15%
E lizabeth Lex. & B ig S a n d y ....IO O
40
E lm ira & W illia m sp o rt, 5 ............ 50
60
do
P r e f., 7 ..5 0
E rie & P ittsb u rg , g u ar., 7 ............50
86
88
E va n sville & T erre H a u te ___. . . . 5 0
107%
F itch b u rg. P r e f......... .................... 100 107
23
28%
Flint & P e re M a r q u e t t e .....................
93% 94
do
do
P r e f............
8%
F lio rid a R’y & N av. p re f...................
26
27
F ort W ortn & D e n ve r C .............. 1 00
G a lv. H arrlsb. & San A n t o n i o ........
22
26
G eorgia P a c ific ...................... ...............
205
G eorgia R a ilro a d & B a n k ’g C o. 100 2 03
12
20
G ran d R a p id s & I n d ia n a .............
G reen B a y W inona & 8t. P a u l.. 100
14% 14%
36
42
H ou ston & T e x a s C e n t r a l . ... .. 1 00
17
H u n tin g d on & B ro a d T o p .............50
31
do
do
P r e f . . . 50
129
Illin o is C en tra l................................100 Ì 2 9
93
93
do
L ea sed lin e, 4 p. e. 100
1 7% 19
Ind ia n a B lo o m in g to n & W est’n 1 00
21
24
do
assess, fu ll p a i d . . . .
70
71
Iow a F a lls & S io u x C it y .............. 100
70
Jeft’ v. M ad. & I n d ’p ’s, le a s e d .. 1 00
J o lie t & C h ica go, g u ar., 7 .......... 100 130
8
6
K a u a w h a & O h io ................... .
2 3% 24%
do
1 st p r e f . . ..........
9
11
do
2 d p r e f ..............
75
K ansas C ity F t. S co tt & G u l f . .. 100 x 7 3
133
do
do
p r e f .. 1 0 0 130
69% 7 0
K ans. C ity S prin gf.& M em phis..
45
Kan. C ity C lin ton & S p rin gf’ld . 100
35
K e n tu ck y C e n t r a l......................... 100
K eokuk & D es M o i n e s . . . . . ........1 0 0
do
p r e f 1 00
40
K in g sto n & P e m b r o k e ...................
39
25
Lituo üirie & W estern, ass. p d .. 1 0 0
60
59
do
P re f. w h e n issued
9 5 % 95%
L ake S h ore & M ich . S o . . . . .......... 100
56% 56%
L ehigh V a lle y ............. ...................... 50
50% 51
L ittle R o ck & F o rt S m ith ............100
171
LDH e Wiatni. teased, d sruar.. .. 50 170
UC o u p o n atf.
.
QUOTATIONS
F o r E x p la n a t io n « See Mote«» at B e a l
.
GEN ERAL
[V r i. X L iy ,
.
304
§ P rice p e r share,
e In F rankf® r .
t
THE CHRONICLE
5, 1887.]
March
GEN ERAL
For
r a il r o a d
St o c k s .
~~ H R . S T O C K S .
B id .
96
Maine C e n t r a l___ 100
Man. & L a w ’c e ___ 100
Man. B each C o ... 100
M anhattan, c o n ... 100
Marq. H. & O u t.. .1 0 0
do
P r e f-.1 0 0
Mem ph.& C h a ri___ 25
do
p r e f..
6 1 78
62 "
N.Y. W est Shore & B
Norf.dc W est,, co m . 100
No. P e n n s y lv a n ia .. 50
N orthern C e n tra l. . . 5<j
N orth’n N. H a m p .1 0 0
N orth’n P a c .,c o m .l 0 0
do
P ref.lÖ Ö
N orw .& W orcester. 100
Ogd. & L . C ham p 1 nfi
Ohio & M iss........7 .1 0 0
do
P r e f. 10Ö
Ohio S ou th ern ........100
Old C o lo n y ............. 1 00
Oreg.& C al. ass. p d .1 0 0
d o P re f. ass.p d 100
Oregon S hort L in e ___
Oregon T ra n s -C on t___
O sw ego A 8 v r.. g u a r ..
P en n sy lv a n ia R R . .5 0
P ensacola & A tla n t io ..
Peoria Deo. A E v .. l 0 0
P e te rs b u rg ............. l o o
Phila. A E r i e ........ 5 0
Phil. G erm . A N o r ..50
P hil. N ew t. & N. Y ..5 0
Phila. & R ead.assenSO
do
P r e f. .. . 5 0
P hila. W ilm .& B a lt.5 0
P itts. Cin. A St. L .. 5 0
P itts. & C on., l ’s e d .5 0
P itts.F t.W .& C .,gu a r .7
P ittsburg & W este rn ..
Ports. G t.F .& C o n .lO o
P rov. & W orc'ster.lO O
Rons. & S a ra to g a .. 1 00
Rich. & A lle g ., r e e . . .
R ichm ond & D a n v .l0 0
Bloh. F . A P ., c o m . 100
do
G u ar. 7 .1 0 0
do
do
6 ...’..
12k
36k
lk
20k
48k
§ .......
§ 80k
127k
27 k
59k
178
15
27k
+76
17
178k
t io
118 k
28
32 k
150
§57 k
15
35 k
64k
5 27
§115k
§ 18k
' 38 “
5 .........
§ 64
14C tt
19
130k
5
115
140
1 67
11
117
150
128
102
42 k
75
95
A sh
M is c e l l a n e o u s .
B id .
14
C on sol.C oa l o f M d .1 0 0
14
20
5 6 k IS’ w est., G a ., g ’d , 7 .1 0 0
j Syr. B in g. & N . Y .1 0 0
|S u m m it'b ra n ch , P a . 50
131
132
62
62
23
113k
17k
30
..........
225
107k
34 k
73
61k
135
... .
18k
13
37
21k
48 k
76
|Tex & P ae. ass. pdlOO
10k
2 8 k 28 k
21
15
13o
15c.
32
34
58
56
......
-V .....
2 1 6 78 . . . . .
58 k 5 8 k
1 4 0 k 141
4k
45
Virginia M id la n d ..........
V abash P ur. com .oert
1 7 k 18
SO
31
do
P r e f .1 00
W arr’ u (N .J.),T s’d ,7 .5 0 § .........
V e st J e r s e y .............. 5 0 § 6 0 k
V est J ersey & A tla n tio § 50
12
13
V estern M a r y la n d .. . .
119
V ll. C olu m bia A A u g ..
95
125
V ilm .& W eldon, 7 .1 0 0
23 k 21
do
P r e f.
3 5 k 36
W ore’ ter& N ashua. 100 140 k 142
C A N A L BON OS,
C aesap. & D ela w a re—
91
C ies. A.O.—Bs, ’7 0 .Q .-J
Del. & H .—7 s, ’91.J& J 1 0 9 k
1st e x t ., 1 8 9 1 ..MAN
Conn. 7s. 1 8 9 4 . A& O 1 1 7 k
1st P a .D .cp .,7s,M & S 1 3 8 k
Lehigh N a v ig a tio n 4 k s , 1 9 1 4 ........Q—J
R R . 6s, re g ., ’ 9 7 .Q -F 116
C on v 6 s,g .rg .’94M &S 108
6 s.g ..op .& rg ..’9 7J& D 116
C ons.M ., 1 9 1 1 7 sJ& D 1 3 1 k
87
Penn.—6s, co u p ., 191 0
S ch u y lk ill NavT—
77
1 st M .,6 s , 1 897.Q -M
2 d M., 6s, 1 9 0 7 ..J& J
M ort. 6s, o p .,’9 5 J&J
7s,bt& ca r,1 9 1 5M & N
......
14 .
V6
72
26
1 0 k N. Y . & P e r r y ........100
47k
113
119
« >4
Q u ick silv e r M in’g .1 0 0
30
45 k
T en u . Coal & IronC o 1 00
W yom in g V al.C oal. 100 . . . . .
E X P R E S S S T ’C K S
A d am s.......................100
A m e rica n ................. 100
U nited S ta te s........100
W ells, F a rg o & C o. 100
T K I .’ P H S T O C K S
AND
25
CANAL STOCKS.
G en era l m ort. c e r t ..
B altim ore & O h io ........
C ent. & So. A m . C able
C om m ercia l T el. C o ...
F rankliu .................1 0 0
G o ld & S to c k ........1 00
96
126
M e x ica n ...................1 00
M utual U n io n ........1 00
N. Y . M u tu al Un. T e l..
M utual U nion 6 s ___
70
85k
102
TELEPHONE
STOCKS.
......
146k
.
131
116
167
11
1st m ort., 5s, 1 9 0 4 ..
M a verick L a n d .. .. 10
N.E. M tg.S ecu r. (B oat.,
N. H am p sh ire L a n d 25
O regon Im p rov em en t.
P acific M ail SS. C o. 100
P hiladel. Co. N at. G a s.
Pullm ’n P a la c e C ar 100
St. L ouis B ’d g e ,ls t p r e f
2 d p re f. ce r tifica te s .
St. L ou is T u n n el R R ..
St. Louis^Transfer C o.
Stand. W ater M e te r...
U nion St’k Y d s & Tr.C o
C O A L A M IN IN G
S T O C K S , N .Y .
Cauioruu Lrou.sC >aioO
C ol. & H ook. ! . * I 1<>0
* P rice n om in a l; n o la te tra n saction s.
46k
8k
8k
6k
G u ar., 5s, 1 9 0 5 .........
B rooklyn C ity ...............
1st m ort., 5s, 1 9 0 2 ..
89
B usbw iok A v. (B klyn.)
C entral C ross to wu~.. . .
46 k
8k
C onsol. M., 7s, 1902.
C hristopher & 1Oth St.
B onds, 7s, 1 8 9 8 .......
D r y D k .E .B .& B attery
1st M., oou sol.7 s, ’ 93
S crip 6s, 1 9 1 4 . . . . . . .
R ISC ’ L L A N KO US
STOCKS.
A m er. C otton Oil trusts
A sp in w all L a n d ___ 10
B oston L a n d ............. 10
B oston W ater P o w e r ..
B rookline (M a ss.)L ’d 5
1
50c.
82
100
103 k 1 0 4 k
137
6k
6k 6 k
55
59 k
200
145
U5
1 0 k 12
1st m ort., 7s, 1 8 9 3 ..
2k
2k
9 9 k 100
4 2 d S t.M a n .& S t.N .A v .
500.
350
1st m ort.. 6 s ...............
40k
102
55 k
106
146k
1104
' 152
1108
60
Ite.
125
17k
44 k
38
3*k
40 k
102
56
107
1 +8
106
54
112
70
16c.
17k
74
86
W ash’ ton C ity G. L .2 0
GO LD & S IL V E R
T H M \ ( ; STOf!K&§
H oust. W .8t.& P a v. F ’y
1st m ort., 7s, 1894.’ .
95
35
93
x l2 0
•3 o5
4 35
x 145
115
157
190
140
105
5 40
4 25
5 30
28
112
2 05
103
175
106
165
105
150
155
1 16
116
118
1 10
165
1 10
105
190
1 07
2 20
112
34
109
46
1 60
110
S e co n d A v e n u e ............
1st m o rt., 5s, 1 9 1 0 .. Ì 0 5
C onsol. 7s, 1 8 8 8 ........ 101
S ix th A v e n u e ...............
1 st m ort., 7s, 1 8 9 0 .. 11Ó
T h ird A v e n u e '..........
2 05
1st m ort., 7s, 1 8 9 0 .. 105
T w e n ty -T h ird S t ......... 245
1st m ort., 7s, 1 8 9 3 .. 112
GAS STOCKS.
B oston G a s lig h t.. .5 0 0
Bast B o s t o n ............. 25
45 k
3 +k
•78? South B oston .
t P u rch a ser also p a y s a ccr u e d in te re st.
.. .1 0 0
B id .
105
84
75
83
115
1-40
1*55
C aled on ia B. H ___ 100
130
16-75
•52
725
•25
4 00
5-50
.04
•57
2-90
1-60
1-40
•35
•45
7i25
100
•09
5Ò0
10Ò
Iron S ilv e r................ 20
T ittle C hief
. . . . . . 50
M exican G- & S ilv .1 00
2 00
150
S ilv er C liff.................50
Spring V a l l e y ............. 1
1Standard . . . ’. ..........1 00
•45
5-13
IMO 1-30
•20
2*75, 3-00
•13
•20
•50
•27
•30
•31
5-75
>85
•'95
9-75
8-38
•15
.17
05
•07
•45
4V75
•14
•15
..........
l - ’o o 1-10
3 ”7 0
BO$T01V MTV1V1NG
S T O C K S .§
l 7«
lk
11
9
4
6
B run sw ’k A n t im o n y .5
2 17
C alum et & H e c l a ...2 5 2 16
3 2 c. 350.
20
IS
1
12
12k
2
lk
H u r o n ........................ 25
1
1
50o.
22
22k
O s c e o l a .....................25
2
2k
55
55k
Q u in cy .........................25
1
k
E id g e ........................... 25
94
96
IVI AN D F A O T ’ IN G
srroc! k s t
800
108
A m o sk e a g (N .H .) 1000 23+ 0
A n d ro so o g ’h (M e.). 100 100
A p p leton (M a ss.). 100 0 6 00
114
B arnard M fg. (F. R .) ..
B o o tt C ot. (M ass.) 1000
B order C ity M fg. (F .R .)
825
108 k
2305
102
610
115
102
..... 82k
146
147
1395 1400
128
103 0 110 0
143
148 k
8 25
9u0
1 00
95
l i O k 111
5 35
5 25
7k
7k
......
203
115
2 12
107
2 52
114
'B o s to n B e l t i n g ....1 0 0
57 k 58
8 75
8 77
38
40
liHI 191
l îô
C res’ t Mills (F. R .j 1 00
C rystal Spr. B l.iF .R .).
D a v o l M ills (F. R .) 100
~65
D w ig h t (M a ss.). . 5 00
7 00
t in L on don .
114
60
85
39k
•52
F a th er D e S m e t . . 1 00
30
116
2 12
106
lOtf
100
100
185
110
175
108
155
165
120
120
120
125
112k
175
1 02 k
107
200
110
225
1 17
35k
III
50
165
112
100
160
107
174
195
39
B elle I s le .................100
B o d i e ................... 1 00
85
110
195
107
320
A sk .
110
165
1 10
109
11 l k
142
200
115
107
141
1 10
106
57
80
1 05
60
130
•20
3
7 5 c.
L IG H T STOCKS.
1 0 6 k 107
N .Y . A B B ’ K L Y N
92
93
HORSE B B S.
109 k i ü 9 k B le e c k e rS t.& F u lt.F ’y
4 th d o
8 s,’9 2F & A
D e b ’n t’re,7si’ 8 8 A & 0 105
St. L. B rid ge & T u n —
1st, 7s, g, 19 2 9 .A& O 1132
105
105
M is c e l l a n e o u s .
22
B rook lin e, M a s s ... 1 00 109
14
16
107
1 06
16
7 3 k J a m a ica P l’ u, M oss 100 141
14 \
26
195
7 k L yn n, M ass., G. L ..1 0 0 110
311$
49
N ew ton & Wafc’n ..1 0 0 138
Salem , M a s s .,........100 108
B ro o k ly n , L . 1......... 25 103
144
54
C itizens’ , B ro o k ly n . 20
78
1 1 0 k M etrop olita n , B ’h ly n .
64
N assau, B r o o k ly n ..2 5 1 03
131
55
P eop le’s, B r o o k ly n .10
125
19
160
k C h ica go G .& C o k e . 1 00
193
73
54
31
H a rtford , C t., G . L ..2 5
1 60
70
113
C entral o f N. Y
50
1 00
C on solid a ted , N .Y .1 0 0
84k
117
M utual o f N . Y
1 bn 102
33
N. O rleans G . L . ..1 0 0
82k
72
P ortla n d , M e., G . L .5 0
82
102
140
L a cled e, St. L o u is. 100 1 1 1 k
215
216
110
120
2 7 k 28
lk
lk
43 k 44
E d is o n ................... T.. . . .
Pullm ’n P a la c e C ar—
A sk .
B on d s, 1st 6 s ............
26
32
20
So. T e l., 1st m ort, b ’ds
60
S ou th ’n & A tla n tic .25
W estern U n i o n .... 100
7 5 k 75 k
7 s, I9 60 , M. & N ___ 1 1 8 k 119
128
i B V v r c o .’ s
28 k
S T O C K S , N .Y .
5 »k
Am. L oa n & Trust. 100
178 k
17
§ ..........
C e n t r a l.....................100
27 k
§ 5
80
n i S C ’ LLANEOCTS
K n ic k e rb o ck e r . . . . 1 0 0
17
BON DS.
179
C an ton (B alt.)— £ 6s, g.,
12
120
19k
Un. R R .,I s t , en d .,6 s. i"l7
N. Y. G uar. & I n d ..l0 0
2s
99
99 k N. Y . L ife & T ru st. 100
C ol.Coal& Iron— ls t,6 s
32 %
1 0 0 k 100 k U n io n ........................ 100
..........
18k
38k
95
25
102
5 8 k H en d ’ n B rid g e 6 s , 19 J t
19
Or. Im p ., 1st, 6s. 191 0
3 5 k O reg.R .& N . 1st.6s, J&J
65
k
7 lk
47
B an k ’s & M erch ’ts.10 0
1 1 7 k A m erican B e ll........1 00
133
A m er. S p e a k in g ... 100
88
M e x ica n ..........................
N ew E n g la n d ...............
54
40
__
142
109
62
128
BONDS.
A m er. D ist. T e l .. . 100
§ *40k
Lehigh N a v ig a tio n ..50 S 5 o
80
M orris, g u ar.' 4 ___ 100
d o p f.,g u a r .l0 ..1 0 0 2 00
R ich m on d A P ’b ’g .1 0 0
Rieh. A W est P o in t .. .
42 k
do
P r e f ............
76k
R ich m on d Y o r k R .& C .
100
R och ester & P itts . 1 00
R om e A D e c a tu r .........
28
26
R om e W . A O g d .. .1 0 0
86
R u t la n d ...................1 00
8
8k
do P re f., 7 ..1 0 6
3 6 k 37
?t. J osep h A G ’d Isl’ d.
31
29
B t.LoutsAlt. A T. H . 100
33
30
do
P r e f. 1 00
*t. L. A rk .& T ex a s .
24 k
|t. L. Ft. S cott& W ieh.
8k
7k
Bt. L ou is <s San F r.1 0 0
31k
d o P r e f ____1 00
66
k
6 5 78
_ d o l s t p r e f .1 0 0 1 1 2 k It* *
Bt. L . V an. & T. H ........
8
12
Bt. P a u l A D u lu th . 100
61
62
» T» S ?
. P re f. 100 1 0 9 k 11 <k
B t.P .M nm . & M a n . 1 00 1 15
115
Boioto V a lie v ...............
10
15
®®aVd
H oanokel Oil
BONDS— C o n t i n u e d .
14
M ichigan C e n t___ 1 00
8 9 k 90
30
Midland o f N ew Jersey
8 2 k 84
Mil. L ake S. & W ..1 0 0
do
p r e f. 100 1 0 7 k 108
Mine H ill & 8 .H ....5 0 § 5 C k 5 7
Mlnneap. & St. L ..1 0 0
1 8 k 19
43 k
do
P r e f . .. 1 00
43
Misso’i K an. & T e x . 100
S I k 3 1 78
Missouri P a c iflo ... 100 1 0 8 k 108 k
16k
16
M obile & O h io ........100
135
Morris <St E ’x , g u .,7 .5 0 135
N ashv-Chat.& St. L .2 5
8 2 k 85
Nashua & L o w e ll.. 100 1 5 9 k 161
.........
N’sqn ehoning V a ll’ySO §55
10
9
New J ersey <te N. Y ___
22
lk
N. J ersey S ou th ern ..
lk
N.Y. 8nsq. & W estern .
STOCKS A N D
B id .
M is c e l l a n e o u s .
151
150
|Cot. O n . & St. L ou is ..
2 05 is 2 06
T ol. & O hio C e n tr a l...
......
do
P ref.
157
1 56
Tol. Bt. L. A K . C it y ...
41
40
do
p r e f ..
101
100
0 . N.J.RR &C. Co.lOG
59
53
Union P a c ific ___ .1 0 0
14k 1 4k
10
9
33
31
V t.& Mass.,1’s e d ,6 .1 0 0
20
N. N ew s & Miss. V al.Co
N .Y .C en t.* H .R iv .1 0 0 1 1 2 k
N .Y .C h.& St.L. ass. 100
17k
29
d o P re f., assen t. 100
N. Y . C ity & N orthern.
N. Y . & H arlem . . . . 5 0 2 2 0
N .Y .L a ck .& W e s t...l0 0 105
N .Y .L .E rie& W est.1 0 0
34k
72 k
01k
N.Y. & N .E n g la n d . 1Ö0
do
P ref. 100 1 3 4 k
N .Y .N H .& H artf.lG Ö
N .Y . O n t. & W e s t.. 100
17k
OF
E x p la n a tio n s See Notes a t H e a d o f F ir s t P a g e o r Q u o ta tio n s .
j South C a rolin a ___ 1 00
&
Lou.& Mo. R iv e r . . 100
Louisv.N .A . & C h ic .l0 0
A sk .
QUOTATIONS
305
C h a ce (F a ll Kiv.) .1 0 0
C h icop ee (M ass.) ..1 0 0
C o ch e co ( N .H .) ....5 0 0
C ollins Co. (C o n n .).. 10
70
§ Q u ota tion p er share.
72 k
710
306
THE CHRONICLE.
GEN ERAL
QUOTATIONS OF STOCKS AND
IV o l. x i j y .
BONDS— C on clu ded .
F or
M a m j f a c ’ inq S t o c k s
B id .
A sk .
60
61
B a n k St o c k s .
B id . A sk .
B a n k St o c k s .
B id. A sk.
I n s u r a n c e St o c k s .
Bid. Ask.
P e o p le ’s ....................100 158
162
100 175 180
Commerce.............
B
o
s
t
o
n
.
P a ll R iv . Iron W .
R e d e m p t io n .......... 1 00 126
128
C o n t in e n t a l........... 100 121*9
|A m e rica n F . A M . .1 0 0 124
R ep u b lic................... 100 139** 141
C orn E x c h a n g e .. .1 0 0 187
B o sto n ....................... ioo 147*« 127
R ev ere ..................... 100 124
125
IE ast R iv e r ................. 25 128
148
B o y ls t o n .................. 1 00
93
90
R o c k la n d ................. 100 142
1421$ E lev en th W a rd ....... 25 125
95
D w e llin g H o u se ...1 0 <
1 00
101
37
Second N a t............. 1 00 147
1471* F irst N a tio n a l........100 1500
90
i
o
o
E
lio
t...........................
127
125
le o u r lty .................... 1 00 196
130
F ourth N a tio n a l.. . 100 143 148
F irem en ’s .................10«* 1911*
2 0
ih a w m n t .................100 119
*120"
1921*
150
F
u
lto
n
..........................3
0
U
O
M a n u fa ctu re rs’ . ..1 0 0
G re a t Falla (N. H .)1 0 0
88
37
88*4 lim e A L e a th e r ... .1 0 0 104
1 0 4 1* F ifth A v e n u e ......... 100 7 6 0
37*9
M ass. M u tu al..........1 00 124
H a m ilton (M ass.) 1000 697** 7 0 0
s t a t e ...........................100 126*4 1201* G a llatin N a tio n a l ..5 0 200
125
M erca n tile F . A M .10 0 130
lw7** Suttolk........................i o o 110
H a it i. C a rp et (Ct.)lOO 195
1 1 0 ‘s G a rfie ld ............. . . . 1 0 >
133
15 >
N
ep
tu
ne
F
.
A
M
...1
0
O
79** 80
H ill (M e).................. 100
9
5
T hird N a t................. 1 00
9 )* s 9 6
G erm an A m e rica n . .75 167
N orth A m e rio a n ..1 0 0 102 100
195
H o ly o k e W .P ow e
T ra d ers’ .................... 1 00
95
9 5 8 Germania............... 100 200
105
P re s co tt............
.1 0 0 100
1006 1050 T rem ont....................1 00 103
J a ck son (N. H .).
10>*4 G r e e n w ich ..................25 1)2
103
S hoe A L e a th e r. ..1 0 0
105
110
31*
U nion......................... 100 140
141
5
H a n o v e r....................100 166
W a s h in g t o n ............1 00
93
447*9 4 50
W ash in g ton ............ 1 00 1^3
124
102
315
l
o
o
3
2
)
C in c in n a ti.
5 70
L a n ca s ter M .(N .H )40 0 56a
W eb ster.................... 1 00 103
104
50 140 14 3
A m a zou (u ew s to ck ) 20 1 0 0
90
L ’rel L a k e M ills (F . R .j
B r o o k ly n .
105
100 2 00
A u ro ra ........... . . . . . . . 2 0
L a w re n ce (Mass.)lOOO 1500 1065 B r o o k ly n .................. 100 128
132
100
162
165
C
in cin n a ti................... 25 150
7 e6
L o w e ll (M a ss)........6 90 7 80
F irst N a tion a l........ 5 0 3 20
160
100
C itizen s’ ...................... 2 0 115
130
L o w e ll B le a o h e r y .2 0 0 128
F u lto n ...................... 4 0 160
150* "
.2 5 17«*a 171
«7 5
C
o
m
m
e
rc
ia
l................25
2
2
)
L o w e ll M aoh .S h op.500 8 70
C ity N a t io n a l........ 5 0 3 2 6
140
E a g le .......................... 100
78
78*4 C o m m e r c ia l............ 60 160
L y m a n M . (M a ss.). 100
M e r c a n t ile ............. 100 137
E n te rp rise ..................20 " 6Ó" 100
M a n ch ester (N .H .) 100 143*9 144
L ong I s la n d ........... 100 115
120
65
M
erchants’'
.
.............
50
137
E u re k a ........................ 2 0 2 0
M ass. C o tto n ........1000 1666 xO 5 M a n u factu rers’ . _____ 128
M erchants’ E x c h ’ge.50 110
F id e lity ..................... 10«' :07**
.0
M ech a n ics’ (F . R .) 100
M ech a n ics’ .............. 5 0 210 2 2 *
110
........100
32
M
e
t
r
o
p
o
lita
n
F irem en’ s ................... 20
M erch a n ts’ (F . R .) 100 112*2 1 5
N assau.......................100 210
220
155
N assau........................ 50 137
G e r m a n ia ...................2 0
M errim a ck (M ass) 1000 1375 1380
C h a r le s to n .
110
N ew Y o r k ...............100 207
G lo b e ............................ 2 0 1« 0
M eta com et (F .R .) .1 0 0
B’ k o f C u a s.(N B A ) 100 125
105
N. Y . N at. E x c h ’gelOO!
128
183
M
erchants’
*
M
a
n
u
f
2«»
M id d lesex (M a ss.). 100 le O
205 217*9
F irst N at. C h a s.. .1 0 0 2 65
2
0
0
‘
N
ew
Y
o
r
k
C
o
u
n
ty
.
100
87
M iami V a lle y ............50
N a rra ga n s’tt(F .R ,)1 0 0
P eop le’ s N a tion a l. 100 200
80
N inth N a t io n a l....lo <
136
136
470
N
a
tio
n
a
l....................10<*
N ashu a (N. H .)___ 5 00 4 60
1 55 ' 165
C h ic a g o .
N orth A m e r ic a . . . . 70 124
125
S e c u r i t y ....................10<*
92
N a u m k eag (M ass.)lO D 1 1 0 % 111
A m erican E .u li. N a t.. 123
92*9
1124
N
orth
R
iv
e
r
...............
3<
130
9
.
**
93
W
a
sh
in
g
to
n
................2
0
N. E. G la ss (M a s s.)3 7 )
140
A tla s N a t io n a l...........
126
150
O rie n ta l...................... 25 187
195
.150
W e ste rn ....................... 25 180
N ew m a rk et.................... 3 *5
C hicago N a t........... 100 149
P a cific......................... 50 152
H a r tfo r d , C o n n .
P a cific (M a s s .)...1 0 0 0 1 7 oo I7 0o Coium troiai N a t ... 100 1471*
..........................
i
o
o
P
a
rk
1
7
a
L*7¿" /E tna F ire ................ 106 257
P e p p e re ll (M e.)___ 5 0 0 1166 1 1 /5 C ontin ental N a t ... 100 H 9
125
259
P e o p le ’s .......................2
155
120
C o n n e c tic u t ............1(K)| 117
P ooa sset i f . R .) ...1 0 0 110
F irst N a tio n a l........100 225
120
P h e n lx ......................... 20 166
110
76
H a r tfo r d ................... 100 2 9 0
R ich . B o rd ’n (F .R .) 100
H ide an d L ea th er. 100 146
300
136
R
e
p
u
b
lic...................
100
140
N a tio n a l....................1 00 130
R ob eson <F. R lv .) 1000
M erchants’ N a t.. .1 0 0 3 6 6
135
S econ d N ational..IO C 230
110
O r ie n t........................ 100
S aga m ore (F. R iv .) 100 105
91
M etrop olita n N a t. 10* » 15 * 156
95
Seventh W a rd ........10(
114
275
P hoen ix......................10< 195
S alm on F a lls(N .H .)3 0 0 2 70
Na . Bk. o f A m er. .1 0 0 137*9 140
200
Shoe
A
L
e
a
th
e
r___
100
137
gO
25
S team B o ile r ............. 50 115
8 an d w .G la ss(M a ss.)8 0
Nat. B ’k o f Illinois.lO O 155
St.
N
ich
o
la
s.............
IOC
110
128
65
L on d on , E ng,
S h ov e (F a ll R iv .). 100
N orthw estern N a t. lOOj 7 00
State o f N , Y ........... 100 1 26
62
60
C o m m e rcia l U n ion . £ 5
S lade (F a h R iv .) .. 100
17** 18*a
U nion N a tion a l___ 100! ltí7*4
T radesm en’s .............4 0 104
lu 5
G u ard ia n ..................... 50
S ta fford (F all R lv .) 100
69
U n.Stoek Y ’ds N at.100
71
2
00
U nited States N a t. 106 210
1120
Im
p
erial
F
i
r
e
.
.
.
.
.
.
*25
S ta rk M ills (N.H.)IOOO i l i o
154
C in c in n a t i.
158
P h ila d e lp h ia . §
105
95
L a n ca sh ire F. & L .. 2
T ecu m seh (F. R .). 100
5%
A tla s N a tion a l.............. 100
110
6*4
B’ k o i N. A m e rica .1 0 0
tOuO C in cinnati N a tio n a l...
L ondon A s8 .C o rp .1 2 i*
T h o n id ik e (M a s s .)1000 9 50
52
54
97*9 100
C
entennial
N
a
t___
lo
O
113
112
L iv. A L ond. A G lo b e .2
T rem on tA S. (M ass) 100
32
C itizens’ N a tio n a l........ 177** 178
33
C entral N a tio n a l.. 100
875
N orth ’n F ire A L ife .. 5
T r o y C. A W .(F .R .) 500
53*9 5 4 * 9
C om m ercial B an k....... 110
125
C ity N a tio n a l........... 50
U nion C .M i. (F .R .) 100 210
N orth B rit. A M e r. 8%
37
F id elity N a tion a l ___ 17)1* IsO
38
C o lu m b ia n .............. 106
W am p a n oa g(F .R .) 100
3V,
Queen
F
ire
A
L
i
f
e
..
.1
First N a tio n a l............... 29 2 H 297** C o m m e rcia l N a t___ 50
3%
621*
107
R o y a l In su ra n ce .........3
W ash ln g t’n(M a88.)100 Ì 0 6
36*9 3 7 * 9
F ourth N a tio n a l........... 190
2 >0
C om m on w ealth N at 50
50
W eed S ew . M ’e (C t.)25
N e w O r le a n s *
G erm an N a tio u a l....... 158
i
5
)**
C
on
solid
a
tion
N
a
t
..30
6 2*9 M erch a n ts’ N a tio n a l..
W eetam oe (F . R .)1 0 0
C re sce n t M u tu a l..........
40
1 60
170
Corn E x c h a n g e N a t.50
62**
50
49
1 a c t o r s ’ a n d T ra d e rs ’ .
W llllm ’ tlo Linen(C t)25
82
M etrop olita n N a t........ 145
87
145 >$ E ighth N a t............. 100
930
Y o r k C o. (M e.)....... 7 5 0 9 2 0
F ire m e n ’s ......... .
61*9
Nat. L a i. A B k . o f Com . 2 9 )
65
30«
F irst N a t ..................100 2 3 0
B A N K STOCKS.
G e rm a n ia ........................ 118
O h io V a lle y N at’l ......... 150
123*«
l 0*4 F a rm ers’A M ech .N . 100 1 6 5 1*
H ib e r n ia ........................
B a ltim o r e .
81
Queen C ity N a tio n a l.. 1 60
9
0
105
Fourth St. N at’l.. 1 "0
120 ‘ * H o m e................................
B an k ot B a ltim o re 100 1 40
78
Second N a t io n a l.......... 1 j O 2 06
Ttide pen d a n ce.........1 0 « 1 0
....
B an k o l C om m erce. 15
H o p e........................ .
15*4
idi'**
T hird N a tion a l............. 155
159
G ira rd N a t io n a l___ 4 0 106
C itizens’ .............. . . . . l o
L a fa y e t te ............. .........
65
19*s W estern G erm an B ank 2 0 0 225
K en sin g ton N a t....... 50
C om .
F a n n e r s ’ .. 100 135
M erch a n ts’ M utual . . .
56
140
58
H a r tfo r d .
K ey sto n e N at’ l .........r C
54
....
F a rm ers’ B ’k or M d .3 o
M
ech
a
n
ics’
A
T
ra
d
e
rs
’
103
32
109
/E tna N a t................ 1 00 105
M an u f a ct ’ r’ rs’ N at. 100 115
F a rm e rs ’ A M eroh . .4 6
N
ew
O
rleans
In
s.
A
ss
’n
18%
56
20
A m erican N a t .........50
7
o
65
M e ch a n ics’ N a t . . . . 100 .......... 136
F a rm e rs ’ A P la u te rs ’25
N ew O rle a n s In s. C o . .
30
4 5 1* C harter O ak N a t.. 1 00 125
31*9
146
M e rch a n ts’ N a t.............
140
F irst N a t. o i B a l t .. lO o 125
P e o p le ’s ...........................
1 )0
C ity ............................ 1 00
95
89
N
at.
B
’
k
C
o
m
m
e
rce
.
50
53
F ra n k lin ..................... 60 100
Sun
M u tu al.....................
4.05
127*9
J on n eotiou t R iv e r 50
50
4
2
N
a
t.B
’
k
G
e
rin
a
n
t’
n
.5
0
G e rm a n A m e r io a n .... 110
T e u t o n i a . . . . . . . . . .......... 122*9 125
Far. A M eoh. N a t. 100 105
109
N a t.B ’kN . L ib e rtie s 50
i ’7 é
H o w a r d ........................ j
N ew Y o rk .
12** 13
F irst N a t..................1 00 100
1(>3
N at. B ’k R e p u b lic .. 100 1 4 6 “
M a rin e ....................... 3u
A m e r ic a n ...................50 165
3b
175
H a rtford N a t......... 100 157
16 L
N ational S e cu rity . 1 00
M e c h a n ics ’ ...............l o
A m e rica n E x c h . . . l 0 0
97
12% 13** M ercantile N a t___ 100
102
100
95
Penn
N
a
tio
n
a
l..........50
M erch a n ts’ . ............ l o o
B
o
w
e
r
y
........................25
160
134
165
N ational E x c h a n g e .50
68
65
P h ila d e lp h ia N a t.. 100
N a tion a l E x o h ’g e . 100 123
B r o a d w a y ..................25 190 200
Phuenlx N a t............100 1 30
132
S e co n d N a t............. 100
127
P e o p le ’s .......................25
B r o o k ly n .....................17 180 190
26*4 S ta te...........................100
IOO
95
S even th N a t........... 106 109
S e con d N a tion a l . . l o o 150
C itizen s’ ...................... 2 0 125
130
U nited S t a t e s ........100 225
S ix th N a t..................100
T h ird N a t i o n a l .. ..10o 108
C it y ...............................7 0 125
133
L o u is v ille .
S ou th w a rk N a t........50 125
U n io n ...........................75
C lin to n ...................... 100 117
84
125
B’ n k o f C om m erce
121
119
S prin g G a r d e n ___ 100
W estern .......................¿ o
50
C
o
m
m
e
rc
ia
l...............
3
0
cO
35
32
d an k o f K en tu ck ylO O 157
158
Tenth N at. B an k
B oston .
C o n t in e n t a l...........1 0 0 225
2
33
Bank o f L ouisvillelO O
83
81
T h ird N a t................. 1 00 120
A tla n t ic ............. . ..1 0 0 136*9 137
E
a
g
le
............................
4
0
260
270
Jitizena’ N a tion a l. 100 124
126
W estern N a t............. 50
A tla s ................... ..1 0 0 119
E m p ire C it y ............100 160 111
11.4*4 )ity N a t...................1 00 120
121
W est P h ila d elp h ia .1 0 0
B la o k s t o n e ............. l o o 1 13
E xel a ig e ....................30 165
115
113*4 i'alls C ity TobaooolO O 103
Ot
P o r tla n d , M e.
B o sto n N a t............. 1 00 122
F a rra g u t..................... 50 127
133
122*4 fa rm e rs ’ o f K y .. .1 0 0 109
114
52
C u m berla n d N a t .. .4 0
54
B oy Is t o n ................... l o o 1 ) 5
F ire m e n ’s ................... 17 100
110
1 3 . *4 i'a rm e rs ’ A D r o v .. l 0 0 1 0 1 103
C anal N a t................. 100 164
166
B ro a d w a y .'............l o o 160
G e n n a n - A m e rica n 1 00 3oO 3 2 5
j’trst N a t...................100 162
164
C asco N a t.................100 152
153
B u n k er H ill........... x o o 182
G e rm a n ia ................. 50; 1 3
160
185
G erm an In s. C o.’s . 100 125
l
6
F
irst
N
a
t...................100
118
C e n tra l......................i o o 107*4 107** G erm a n ....................100 137
120 125
G lo b e ......................... 5 0
Ì4Ó1 M erch a n ts’ N a t........75 124
127
2
¿0
G
r
e
e
n
w
ich
...............
25
C it y - ..........................l o o 167** *68
2
40
G erm a n N a tion a l. 100 141
145
N ational T ra ilers’ 100 143
145
C olu m b ia n ............... i o o 127
86
G u a rd ia n .................. 1 00
85
127*9 K en tu ck y N a t........100 138
139
R ic h m o n d , V a.
C o m m e r c e .............. i o o 126
H
a
m
ilto
n
....................15
139
140
126*9 liouisv. B a n k in g C o.40 2 54
255
C ity B a n g ................ 25
28
C o m m o n w e a lth . . . 100 125
14) 150
H a n o v e r....................5 0
136
M asonio.....................100 138
1*0
F irs t N a t..................1 00 143
144
C o n t in e n t a l............l o o 120
H o m e ........................ 1 00 145
150
121
M erchants’ N a t. ..1 0 0 140
142
M
erch
a
n
ts’
N
a
t
.
.
.
1
00
123
«0
E a g le ..........................i o o 168 ** 164 hN orthern o f K y .. .1 0 0 124
H o w a rd ...................... 40
85
126
N at. B k o f V irginialO O 100
125
E lio t ........................... i o o 1 30
J
e
ffe
rso
n
...................
30
135
130*9 P
] eop le’s B an k
118
11 *
P la n te rs ’ N a t..........100 145
E v e r e t t ..................... IOC luO
K in g s C o. (B ’ k ly n ) .2 0 .2 0
230
l6C*9 S econ d N a t.............. 100 119
120
S ta te B ank o f V a .1 0 0 114
1 16
97 104
K n ic k e rb o ck e r......... 3 0
E x c h a n g e .................1 00 122*4 123
£ e cu rity .....................1 00 166
S
170
S t. L o u i s .
F a n eu il H a ll..........i o o 1)6*9 137
L a fa y e tte <B ’k lyn ) .5 0 102
107
T h ird N a tio n a l___ 100 136
13 7
B ’k o f C o m m e r c e .. 100 4 5 0 4 60
10
)
F irs t N a tion a l........i o o 2 15
L
o
n
g
Esl’d
(B
’
k
ly
n
)
.5
0
10
2 26
W e s t e r n ...... ........... 100 114
115
C o m m e r c ia l............1 00 3 i 5
325
F irs t W a rd .............. l o o 129
1 30
M anuf. A B u ild e rs’ 100 1 2 )
130
N e w O r le a n s .
C
o
n
tin
e
n
ta
l.............1
00
1*0
9
0
M
echanics’
(B
’
k
ly
n
)5
0
9
7
F o u rth N a tio n a l. . 100 169** 110
(
Canal
A B a n k in g .. 1 00 130
134
F r a n k l i n ................106 160
M e rca n tile ..................50
68
73
F reem a n s’ ............... i o o 102*9 .0 3
( itizens’ .................... 100
C
32
32** F o u rth N a tio n a l ..1 0 0 2 40
100
110
C ^ ob e-........................i o o
M
erchants’
.................
50
97
97*4 C
G erm ania N a t........1 00 110
145
in t e r n a t io n a l.........100
90
106
H a m ilto n ..................i o o 126
M ont auk (B ’k ly n ) .. 50 101
108
128
H ibern ia N a t..........1 00 145
150*$ M ech a n ics’ ...............100 120
1 50
H id e A L e a t h e r . . . l o o 114
N assau (B ’ k ly n )___ 50 l t d
11**9 Louisiana
1
N a t.. . . 1 00 11 * 116
M
erch a n ts’ N at .. .1 0 0 UO** 11
106
ILO
H o w a r d .....................i o o 113*9 114
N
a
tio
n
a
l..................
37**
B
M e tro p o lita n ................. 117** 121
St. L ou is N a tio n a l.100 130
165
75
N.
Y
.
E
q
u
ita
b
le
........3
*
L in c o ln ................ . . . l o o 111
U l* 4 Mutual N a t........... .1 0 0
1 ¿5
T h ird N a tio n a l___ 100 110 1L2
100
95
N ew Y o r k F i r e . . . . 100
M a n u fa ctu rers’ . . .1 0 0
94
95
\ ew O rleans N a t.. 100 4 0 0
S
S
a
n
F
r
a
n
c
i
s
c
o
.
175
M a rk et.......................i o o
N
ia
g
a
ra
..
.
.
.
.
.
.
.
.
.
.
5
o
16)
96
91
f eople’ s ....................... 5 0
P
5 5 ** 57
B ank o f C a lifo rn ia ___
14
N orth R iv e r ............... 25 166
M a rk e t(B rig h to n ). 100 137
140
ä
State
N a t..................1 00
98
100
F irst N at. G o ld ___ lO o
175
P a c ific ..........................25 167
M a s s a c h u s e tts ___ 2 50
bt>
97
1
U nion N a t................ 1 00 106
107
G ran gers’ B a n k ..........
P a rk .......................... JLOo 1 00
M a v e r ic k ..................i o o 2 25
105
230 1
N ew Y o rk .
P a cific............................
177
P eter C o o p e r............20 165
M e ch a n ics ’ (So. B .)100 1 ¡6
Lo7 14
A m erica ....................1 00 174
180
P IK E
IN S m t’ CE
15
P e o p le ’s .......................5 o 1 6 5
M erch a n d ise...........100 103
i«4
Ib
A m erican E x c h ’gelO O 138
. . ...
S
T
O
C
K
S
.
145
146
P h en ix (B ’k l y n ) ___5
M erch a n ts’ ............. l o o 142
143
b
B ro a d w a y ...................25 2 60
2 75
B a ltim o r e .
140
50
R
u
tg
e
rs’
......................
2.'
M e tro p o lita n . . . . . . lO o 116*9 L14
B
B u tcb ers’ A D rov ers2 5 1 60
.....
2 7 1* 28
115
1 10
S ta n d a rd ....................5
M o n u m e n t ............ 100 218
222
c entral N a tio n a l. . 1 00 12 > .......... A sso cia te F irem en ’s . 5
C
B a ltim o re F ire I n s .10
19
21
90
75
S ta r.............................1 06
M t. V e rn o n ............. 100 134
136
oC hase N a tion a l___ 100 l o 5
.
.
.
.
F
ire
m
e
n
’s
In
su
r’c
e
.18
70
65
S te rlin g ..................... lO o
N ew E n g la n d ........100 147
L47*9 G
C h a th am ............. . . . . 2 5 210
. . . . . . H o w a rd F ir e ............... 5
7
125
11
)
S
tu
y
v
e
s
a
n
t.................25
........................ 100 137
167*9110
C h e m ic a l.................. 1 00 250 0
M
a
ry
lan
d
F
ir
e
.........
10
4
A
150
N orth A m e r ic a ___ l o o 166% L'7
U nited S ta le s ........... 25 1 4 )
C it y ............................ 1 00 295
M e rch a n ts’ M u tu a l.5 0
150
01.1 Boaton
......... f>o
vVe s tc h e s t e r ...............10 1 3 )
60*4 6«*9'| o "1M B
2s
25
N ational F ire. . . . 1 o
285
W illiam sburg O it y ..5 o 275
* P n c e n om in a i; n o U te ti aneaotiSDs.
J L a st p n c e this w eek.
§ Q u o u t io n p er - h ire.
THE CHRONICLE.
M a v c h 5, 18S7.J
307
18« 4.
188 5 .
1986.
$
$
$
S u n d ry a ccou n ts d u e o ’ h er rends.
6 ,2 9 4 ,6 5 3
6 ,5 9 8 ,8 8 ?
7,554,615
S ecu ities o f th e U nited N J . C o's.
t a isfarred w ith the 1 a<e.......... 3 ,3 5 9 ,2 9 5 3 ,8 5 9 ,2 9 5 3 ,8 3 8 ,7 8 5
E q ip m e u t o f U nited N. J. C o.’s.
tra n s'e rre d w iili le a s e .................
1 ,9 8 0 ,8 2 4
1 ,7 2 J,6 96
1 ,5 2 7 ,7 6 6
F u n d fo r the p u rchase o f s e cu ri
ties g taran teed (crust o f Oor. 9 ,
3 .7 0 0 0 0 0
3 .7 5 3 ,6 2 1
3 .0 2 “ ,5 1 7
1 8 7 3 ) ..................................... ...........
C on -ol. m o rtga ge b on d s re d eem ed
1, 6 7 ,0 7 0
2 . 0 '1 , '0 0
2 .4 2 7 ,8 6 5
B a la n ce to p ro fit a u d lo s s ............. 1 4 ,0 3 2 , • 8 1 4 ,7 3 4 ,1 9 3 1 5 ,6 2 5 ,3 4 8
AN D
Railroad Intelligence.
p S T N o t i c e .— The I n v e s t o r s ’ S u p p l e m e n t will hereafter
be issued on the last Siturday in January, March, May, July,
S e p t e m b e r and November. This is m e r e l y a change in the
T o t a l............................................... 2 0 3 ,5 7 6 ,5 0 7 2 0 7 ,8 9 1 ,5 7 0 2 1 4 ,4 5 5 ,9 2 8
months of issue for the convenience of the publication office.
Illinois Central Railroad.
The next issue of the S u p p l e m e n t will therefore be on SuFor the year ending December 31, 1886.)
nrday, March 26, instead of Saturday, Feb. 26, as under the
The annual report of the directors for the year 1883 is given
former arrangement.
at length on subsequent pages.
Comparative statistics of the operations and income account
have been compiled for the C h r »NICLE as follows:
AN N U A L R E P O R T S .
Pennsylvania Railroad.
( For the year ending December 31,18^8.)
The full text of the annual report of Mr. G. B. Roberts.
President of this company, will be found on a subsequent
page, containing statistics of the traffic and earnings of the
past year. T» e earnings, general income account and balance
sheet for three years, as compiled for the Chronicle are
given herewith, as they present an interesting comparison
with previous years.
OFERATI >NS AND FISC VL RESULTS.
1 “ 83.
18 “ 4 .
1 885 .
1886.
R’d o p ’ra t’d D ec. 31.
1,9 2 8
2 ,0 6 6
2 ,0 6 6
2 ,0 8 9
O perations-—
P a i-e u g rs ca r r ie d ..
4 ,3 5 4 ,0 3 3
4 ,8 4 3 ,1 4 0
5 ,3 1 2 ,7 5 9
6 ,1 1 2 ,1 1 0
P >8->i n g er m ile a g e .. 1 1 3 ,3 «2,9 8 123 ,58 5 ,1 0 1 2 9 ,0 2 7 ,7 6 * 1 1 4 ,5 8 2 ,6 3 6
F r ’ lit (t’ns) m oved .
3 ,5 3 8 ,5 6 2
3,3 4 ,0 8 5
3 ,5 3 7 ,2 7 0
4 .0 5 1 ,8 2 3
F r’ghr (t ns) m le a g e 6 04 ,6 3 2 ,6 6 7 5 77 ,5 4 2 .9 3 9 6 2 3 ,3 6 9 ,1 2 4 7 1 9 ,9 2 8 .0 0 8
A v - .r a t e p . t o n p . m .
1-43 cts.
1*37 cts.
1*31 O iS.
1*16 ms.
E i n d u gs—
$
$
2 ,7 4 7 ,2 2 1
2
,8
'2
,4
3
9
2
5 29 ,63 2
P a s s e n g e r ...................
2 ,7 4 9 ,9 4 0
8 ,1 4 5 ,9 2 0
7 ,9 0 2 ,0 4 3
8 ,3 3 2,15 1
F re g h i .....................
8 ,6 6 4,95 9
1 ,6 6 7 ,7 1 1
1 ,6 5 2 ,5 6 f
1 ,6 2 2 ,9 0 5
M ail, e xp ress, & o . . . .
1,538,8 0
EARNINGS OS ALL LINES BOTH EAST AND WEST OF PITTSBURG & ERIE.
1884.
1883.
1*86
G ross ea rn in g s......................... $ 9 7 ,8 t o ,875 $ 9 2 ,9 9 4 ,5 4 9 $ 1 0 1 ,6 »7.991
O perating ex p e n se s ...............
6 4 ,* 3 4 .3 1 7
6 ,6 '0 .90 1
6 7 ,1 0 ,714
N et ea rn in g s ...................... $ 3 3 ,4 1 5 3 58 # 3 1 ,3 >3,o48 $ 3 4 ,5 9 3 ,2 6 7
To*, gross e a rn ’ngs 1 3,0 6 4 ,7 4 9
O perating exnensnsM in tV e nr w a r , &c.
1 ,4 3 3 ,9 8 4
1 124,216
M sint’c e o f equlpuT t
3 ,8 1 7 0 7 1
T r tnsp'n & n h s c o l's .
1 2 ,1 9 0 ,8 9 3
1 2 ,6 2 1 ,2 6 4
1 2 ,5 2 9 ,4 9 4
1 ,3 8 4 ,5 5 3
1 ,4 2 7 ,0 7 4
3 ,6 6,8 8 5
1,407,6"*6
1 .2 0 9,07 9
4,00.*,854
1 ,3 7 1 ,3 3 0
1 ,1 1 6 ,1 8 7
4 .0 5 3 ,1 8 7
6 ,4 3 5 , :7 1
6 ,o 2 9 ,4 7 2
49*25
6 ,.2 8 .5 4 2
6 ,0 6 2 , ) 2 l
50*27
6 ,6 2 6 629
5 ,9 9 4 ,6 3 5
52*50
6 5 4 0 ,7 0 4
5 ,9 8 8 ,7 9 0
52*20
INCOME ACCOUNT OF PENNSYLVANIA RAILROAD COMPANY.
The following statement shows the detailed mco ns account
of the Pennsylvania Rtilroai Company for tin years 1884,
1885 and 1836, the “ net income ” given in the drsc line being
the amount of income after deducting interest payments.
1 88 4 .
1985.
N et in com e Penn. R R . D iv is io n .$ 1 0 .H 5 ,5 2 9
$ 8 ,1 5 4,685
N et loss N ew J ersey D iv ision .
593 . >38
1 59, 497
B a la n ce ................
419,591,993
$ 7 ,9 9 4 ,1 8 3
P ro m t Bis i a la <ice d e d u c t :—
A d v a n ce s t o fe n n .C o ., $ 1,6 67 ,7 3 3 , o f w h ich th ere has b een
ch a rg ed t o Penn. R R . in com e.
$ ..........
$ 1 ,0 0 0 ,6 3 9
P a ym en ts to trust f u n d .. . . . . . . .
6 0 0 ,0'lO
5 6 .6 2 1
C onsol, m ortga ge red eem ed . . . .
2 7 7 ,4 6 0
3 2 4 ,8 3 0
A lle g h en y V al. R R — Dettoieuoy
6 9 8 .3 2 0
7 o l ,5 7 6
F red, dt Peuu. Line R R .
do
1 3 ,0 3 0
1 5 ,0 0 0
Am. 88. C o .- T o m eet int. gu ar.
.............
9 0 ,0 0 0
S ettlem en t o f bala n ces u n d er
trnuK Hue p ool in 1 8 8 6 .. .. . . . .
••
-•
F o r d*-«t uo io i o f p ro p e rty at
N ew B run sw iok, N. J ................
..............
..............
$ 4 , 0 9 0 , 4 SO
B ala n ce t o cr e d it o f in com e accou i t a fter d e d u ctin g a ll p a y
$ 8 ,0 0 1 ,2 1 3
m en ts ............... .................
6 ,5 6 0 .7 8 7
D iv id en ds ............................
•7)
R a te o f d iv id e n d ...........
B a la n ce to cred it o f p rofit anda
loss a eco an j fo r y e a r ................. $ 1 , 4 4 0 , 4 2 6
D e d u ct b lance in s e t len ien t o f
1 .0 2 0 ,6 9 2
cla im s a n l old a ccou n ts, «so
B a l a n c e ................................. . ' $ » 4 9 , 7 3 - 4
A d d p rofit a n d loss Jan . 1 . . . . . 1 3 , 6 1 3 . 1 “ 4
B a la n ce p ro fit and loss D eo. 3 1 .$ 1 4 ,0 3 2 .9 1 »
1886.
$ 8 ,9 7 4 ,9 7 0
1 79,016
$6,7 95 ,& 5 4
$ 2 ,5 4 2 ,1 5 0
$ 5 ,8 0 3 .5 2 2
4 ,7 3 8 ,8 9 2
(5 )
$ 6 ,2 5 3 ,8 0 4
4 ,7 3 8 ,3 9 2
(5 )
$ 1 ,0 6 4 ,6 3 0
$ 1 ,5 1 1 ,9 1 2
$ 7 < > 1 ,2 7 >
1 1 .0 3 2 .9 1 8
$1.4,734, U»3
6 2 3 ,7 5 6
$ )9 l,4 .)6
1 1 .7 3 « 1 9 «
$ 1 5 ,6 2 0 ,3 4 9
GENERAL BALANCE DECEMBER 31.
1884.
1885.
1886.
$
AsseJs—
C onst! u c t’n. eq u ip ’t. <fec.,iailroads
between P u i k & P itts b u rg ........ 7 5 ,"5 3 ,2 5 3 7 5 ,1 5 5 .1 9 2 7 7 ,0 4 5 .5 1 0
C o s t o f b om ls o f ra ilro a d s . . . . . . . . . 3 2,5 -7, ^-*3
3 § t0 9 4 ,4 2 8
C ost o f s to e k s o r ra l r o a d s — — 5 8,9 ,1,9 1 9 6 1 ,0 2 ,3 8 0 6 1 ,6 5 2 , >27
C ost o f b >nds a n d stock s xn d in
5 ,2 8 3 ,8 1 5
6 ,6 0 1 ,2 8 6
v es toi ts uoi o th e r .vise e n u in 't d 5 ,4 0 6 ,8 5 5
Manag< rs o f T ru st crea ted b y
3 ,7 5 8 .6 2 1
Penu. R R . Co. O ct. 9 , l s 7 8 .........
3 ,7 0 »,"0 0
3 ,7 5 0 ,0 0 0
lu.000
In s u rs n c.’ f in d ....................................
1 0 ,0 o 0
l o , 0 >o
2 ,6 5 0
M ortgages and grou n d r e n ta ls .. . .
3 9 ,1 5 0
1 9 ,1 5 0
5
6 ,9 9 7
F r .ig u t bal no s d u e ....................
4 4 6 ,0 2 4
Ccsr o f aaihrai-i e co a l la n d s .........
7 0 3 ,9 7 0
7 0 4 ,*3 2
Securities o f U nited N. J . C om p ’ s.
3 ,8 5 9 ,2 9 5
3 ,8 3 6 ,7 8 5
tra n sferred w ith l e a s e ...............
3 ,8 5 9 ,2 9 5
E qu ip m en t o f U nited N. J. C o.’s.
1 ,7 2 0 ,6 9 6
1 .5 2 7 ,7 6 6
ti ansi erred w ith le a s e .................
1 ,9 “ 0 ,8 2 4
2 ,6 3 5 ,2 1 2
2 ,7 3 5 ,5 0 9
F u el amt m aterials o n h a n d ..........
3 ,5 2 3 ,4 3 8
B illsa n d a cC ' u u ts r e c e v a b le, and
am ou nt« d u e fro m oth er roa d s,
in lu d in g a d v a n ces, v i z .:
U nited N. J . R R- & C an al C o.—
1 ,0 3 2,15 3
1 ,1 3 7 ,7 ’ 8
C on stru ct o n ............................
1 ,1 5 2.16 8
2 .7 2 1, 5 0
2 ,4 5 “ ,8 3 0
S in kg fu n d & red em p tion .
2 ,1 9 5 ,9 1 0
1 ,4 ¿8 4 ’ 0
1 ,0 6 5 , «71
R e a l e s t a t e ..........................
6 6 9 ,4 0 7
8 1 9 .5 5 5
7 63 ,95 9
P hil. & T ren ton —C on stru c’n . .
7- 0,9 7 1
2 «3,249
1 71 ,29 1
R ea l es a te ............................
8 .1 0 8 ,2 0 8
6 ,0 1 6 ,7 0 7
O ' i e r iO 'u p a n ies....................
5 ,“ 1 3 ,2 7 6
1 ,0 7 8.32 9
1 ,1 1 4 ,8 6 7
Cash b a l nee in L o n d o n .................
1 ,1 2 5,33 2
2 ,2 1 5 ,9 8
2 ,4 4 6 ,6 3 8
Cash in nan Is o f a g en ts .................
2 ,0 9 7,986
3 ,-0 0 ,7 5 4
3,1 0 ,0 7 8
Cash iu bau d s o f T rea su rer...........
3 .9 1 0 ,9 48
2 0 3 , >76,50 7 2 0 7 .8 9 1 ,5 7 0 2 14 ,4 5 5 ,9 2 3
T o t a l ...................... ............
1886.
1885.
18 “ 4.
$
$
$
L ia b ilities—
9
8
,5 ¿1,300
9
4
7
7
7
,8
5
0
9
4,7
7
7
,8
5
0
C apital s to c k ......................................
Fun ded d e b t ...................................... 6 2 .0 9 2 6 »3 6 5.718.56L 6 5 ,3 6 4 ,7 6 2
1 ,5 4 0 ,4 4 8
1 ,4 4 9,11 5
1 ,8 7 6 ,3 2 0
Mortgages and ground rents.......
P enn s’lv a n ia Co. fo r In su ra n ce on
8
,7
3
4
,0
0
0
8
,3
6
6
,0
0
0
8
,1 7 4 ,0 0 0
l i v e s , & c.,‘ - Tru st certifica tes.” .
A cco u n ts payable, v iz :—
7 5 9 ,° 4 3
6
5
2
,1
6
6
4
7
8
,1
6
4
B ala n ces d u e oth er ro a d s ...............
5,196,502
4 ,0 7 9 ,0 9 2
3 ,8 8 4 .9 6
P a y ro lls and v ou ch ers fo r D ee’ber
9 4 ,7 t 4
8
3
,0
6
2
9
4
,4
i0
Cash divn.end unpaid ................
1 ,4 0 8
1,531
3 ,4 8 5
D iv id en d sorip ou tsta n d in g ...........
* E x c lu d in g ren tals a n d tax e*.
income
R eceipts—
N et ea rn in g s.............
Interest. <teo...............
M is ce lla n e o u s ...........
T o t a l ........................
D isb ursem ents—
$ 6 6 7 ,0 9 3
R entals, iuol. int on
6 9,8 95
bds.
o leased lines.
324,sO >
6 9 8 .3 9 0 int. on 111. C. d e b t .. .
D
iv’d
s
o n lll C.stk. &
15,0«>0
leased lin e certs . . .
9 0 ,0 0 0
T a x e s ...... ...................
C onstru ction aoo’ ts.
4 1 1 ,9 7 2
A id ’ i ’l equip, a o c ’t - .
___
2 6 5 .0 0 0 M is ce lla n e o u s ...........
$ ¿ , a í* 0 , o o 6
3 6 3 .3 5 5
T otal*........................
N et e a rn in g s.............
P c. o f o p .t x p .to earn
T o t a l ........................
B alance, s u rp lu s—
ACCOUNT.
188 3 .
$
6 ,6 Í9.472
2 9 3 ,0 0 9
2 0 2 ,2 2 6
188 4 .
$
6 ,0 6 2 ,3 2 1
1 88 ,96 7
1 2 4,206
1885.
$
5 ,9 9 4 , *35
2 7 0 .6 4 7
6 5 ,9 6 6
18&6.
$
5)**88 7 9 0
3 1 3 ,3 4 3
102 ,12 1
7 ,1 2 9 ,7 0 7
6 ,3 7 2 ,4 9 4
6 ,3 9 1 ,2 2 8
6 ,4 0 4 ,2 5 4
1 ,8 9 1.53 8
5 3 8 ,7 5 0
1 ,7 8 7 .3 1 6
5 4 6 ,9 0 0
1 ,9 0 1 ,0 3 8
5 4 4 ,4 0 0
1 ,8 7 5 ,0 7 3
7 7 6 ,7 6 0
3 ,3 0 0 ,0 0 0
5 5 9 ,9 8 0
6 3 2 ,5 z 9
2 ,7 2 0 ,0 0 0
5 5 “ ,0 7 4
5 48.659
2 ,4 3 0 ,0 0 0
5 75 ,45 9
6 1 5 ,9 2 6
5 0 ,0 9 0
2 ,7 2 0 ,0 0 0
5 4 5 .2 6 9
2 1 9 .9 13
2 5 0 ,0 0 0
165 ,13 8
¿ 0 ,8 0 7
1 2 2 ,4 4 3
6 ,9 7 2 ,7 9 7
1 5 6 ,9 1 0
6 ,2 3 4 ,5 6 6
1 37 ,92 8
6 ,3 3 1 ,1 7 8
50
6 ,3 9 3 ,6 6 1
8 ,5 9 8
_,.
Chicago & Alton Railroad.
(For the year ending December 31, 1886 )
The annual report is mainly statistical an 1 the result of
operations is shown in the tables below. The reper, s ates
mat about one-eighth of the gross earnings iu 1836 was
derive 1 fr >m the transportation of farm p oduots snipped at
local stations, and about 19 par cent of the freig it esrniags
were from that traffic Tne amount paid out for labor and
per.-o.ial services in all departments w as $3,917,217.
T o e s t a t is t i c s o f t r a f f ic , e a r n i n g “ , i n c o m s , e t c , hive been
c o m p ile d fo r f o u r y e a r s fo r th e C h r o n ic l e , a s f o l l o w s :
OPERATIONS AND FISCAL RESULTS.
13S4.
1831.
1885.
1836.
Passengers c a r r ie d .. 1 ,8 0 5 ,1 4 0
1 ,9 *7,486
1 ,7 2 1 ,2 8 6
1 ,7 3 5 ,5 1 9
P assenger m ileage .. 1 0 6 ,0 2 ),6 7 6 1 19 ,91 6 ,4 1 7 1 09 ,0 7 8 ,3 7 5 1 1 4 ,2 5 0 ,1 0 7
Kate W pass, tt m ile. 2 * i 4 l c t s .
1*8*9 ots.
2*0*25 cts
2 0 2 2 Cts.
Freigut (tons) m o v e d 3 ,4 8 8 ,4 *6
3 ,5 *8,284
3 ,6 3 1 ,1 0 8
3 ,6 5 1 ,1 0 0
F, g iit(tn s) m ileage* 5 4 9 ,3 6 9 , »34 6 0 2 .7 6 S .0 5 4 5 38 , »22.496 5 6 *,824,279
A v .r a t e # t o n # m i l e . 1*428 ots.
l*O o7 ots.
l* O o 9 o ts.
0*961 ots.
*
$
E n -r in g s —
$
$
2 ,2 0 9 ,5 0 2
2 .3 1 1 ,0 4 1
2 ,2 7 3 ,4 2 9
2 ,2 7 0 .3 79
P a ssen ger...................
5 ,4 3 2 ,6 3 3
69*73,675
5 ,3 9 2 ,0 5 9
6 ,1 9 7 ,6 8 1
F r e i g h t .......................
3 5 7 ,1 7 0
3 3 1 ,0 3 4
3 <7,539
3 4 2 ,5 5 0
M ail, e x p re ss, & c ___
Operations—
T otal gross earnings
O pera'g c p en s s —
M aint or w a y . & o ...
M a iuten m c e o f cars
M o tiv e p o w r ..........
T ra n sp ’n. e x p e n se s.
8 ,8 1 0 ,6 1 0
$
1 ,3 0 2 323
636 524
1,351 3 3 6
1 ,7 8 6 ,8 4 4
8 ,7 0 9 ,2 7 4
$
1,4 8M >3 4
6 3 1 .3 6 2
1 .4 7 7 ,6 7 0
1 ,4 8 9 ,7 2 4
7 ,9 9 3 ,1 6 9
$
1 ,2 48,694
5 6 2 ,9 0 7
1 ,3 8 8 .5 5 4
1 ,4 1 2 ,7 8 2
8 ,0 6 0 ,6 3 9
$
1 .3 3 7 ,5 4 1
4 «0,997
1 ,3 5 5 ,5 5 2
1 ,4 7 6 ,9 5 5
T o ta l (incl. taxes)
N et e a ru iu g s.............
P .o o f o p .e x ) . to earn
5 ,0 9 7 ,0 3 2
3 ,7 1 3 ,5 7 3
57*85
5 ,1 3 3 ,7 9 0
3 ,5 7 5 ,i8 4
58*94
4 ,6 1 2 ,8 4 7
3 ,3 8 0 ,3 2 2
57*70
4 ,6 3 0 ,9 5 5
3 ,4 0 9 ,6 8 4
57*70
* D ues n o t in clu d e c o m p a n y ’s freigh t.
R eceipts—
N et ea rn in g s...............
O ther r e c e ip t s ............
T o t a l . ... ... . ...
D isbursem ents—
Rentals p a id ..............
C m struo’ n,equ ip .,&o
In te re st o n d e b t . . . . .
D iv id en d s....................
M iscellaneou s............
T o ta l diabursem ’ts
B alance, s u r p lu s ....
INCOME ACCOUNT.
188 4 .
1 88 3 .
$
$
3 ,5 7 5 ,4 8 4
3 ,7 1 3 ,5 7 8
2 7 8 ,8 1 8
2 6 4 .7 7 3
3 ,8 5 4 ,3 0 2
3,996,3ol
$
1 ,2 0 8 ,2 7 7
7 4 0 ,7 5 9
7 0 0 ,5 4 4
1,191,184
86,963
3,990,727
6 7 ,6 2 4
$
8 2 3 ,5 6 5
2 99 ,22 1
77« *,683
1 ,6 4 6 ,8 4 0
8 8 .2 6 3
3 ,6 2 1 ,5 7 2
2 3 2 ,7 3 0
188 5 .
$
3 ,3 8 0 ,3 2 2
___27*2,845
3 ,6 5 3 ,1 6 7
$
7 0 4 .4 7 3
3 8 0 ,7 0 2
8 3 9 ,3 0 7
1 ,4 0 9 ,7 5 0
1886.
$
3 ,4 0 9 ,6 3 4
2 8 2 ,6 5 4
3 ,6 9 2 ,3 3 8
$
7 0 1 ,7 7 7
254,134
98.654
8 3 6 ,3 8 1
1 ,4 0 7 ,2 2 4
1 0 2 .1 1 6
3 ,4 2 6 .0 6 6
3,301,632
2 25 ,06 1
390,706
308
THE CHRONICLE.
St.'Paul & Duluth Railroad.
{For the year ending December 81, 1886.)
The annual statement in circular form has the following :
The operating expenses, $1,004,299, and the improvement
construction and equipment expenditure, $568,315, exceed the
grosS' earnings from the operation of the railroad $14,529.
The improvements include new coal and flour docks and
wharves, warehouses, yards and" tracks at Duluth and Rice’s
Point; new freight, passenger and sleeping cars and loco*
motives; new side-tracks, bridges, stations and machinery,
and the reduction of grades and curves along the lines. The
company now operates 225 miles of railroad, having 77 miles
of side track; owning main line fron St. Paul to Duluth, 155
miles; Taylor’s Falls branch, 21 miles; Grantsburg branch, 17
miles, and Knife Falls branch, 6 miles; and leasing Minnea*
>olis branch, 18 miles, and Stillwater branch, 13 miles. It also
eases the Duluth Short Line, now in course of construction
from Thomson to Duluth and West Superior, and owns all of
its stock.
On Dec. 81, 1886, there remained unsold of the lands of the
company 1,151,495 acres, and of the Taylor’s branch, 69,680
acres.
The net income of the company for the years ending Dec.
31, 1885 and 1886, was as follows : .
{
[VOL. X LIV .
the Hartford & Connecticut Western RR. by purchase of $1.
200,000 of its stock. The same parties are interested in the
Poughkeepsie Bridge. They will, it is understood, build a
link between the bridge and the terminus of the road at
Rhinecliff, and also a spur from Hartford into Massachusetts.
Little Rock & Fort Smith.—In pursuance of the plan to
make this road part of the Gould Southwestern system the
following circular is issued to the stockholders :
“ T he St. Louis Iron M ountain & Southern R a ilw a y C om p a n y’s directors
v o te d on th e 2 4th inst. s u b je ct to co n firm a tio n b y th e stock h old ers’
m eetin g , to be held M arch 8, to e x c h a n g e tlielr shares fo r L ittle R ock A
P o rt Sm ith R a ilw a y
shares, la
th e ra tio
o f th ree o f the
fo rm e r fo r fo u r o f th e la tte r an d to ex ch a n g e th e shares o f th e Little
R o c k J u n c tio n R a ilw a y o n eq u a l term s, share fo r share. In th e event
o f co n firm a tio n o f the a b o v e b y th e sto ck h o ld e rs, th e e x e c u tiv e com
m itte e o f this co m p a n y re co m m e n d the a cce p ta n ce o f th e offer and p ro
p o se to m ake the e x ch a n g e o f th e ir h old in g s in b o th com p a n ies. It is
u n d e rsto o d that th e co n stru ctio n o f ra ilro a d th rou gh th e In d ia n Terri
to ry will be a t o n ce u n d ertaken b y the St. L ouis Iro n M ountain & South
ern R a ilw a y an d p ro ce e d e d w ith fo rth w ith in co m p lia n c e w ith the laws
o f A rkansas and the U nited States. A la rge in crease o f b u sin ess is e x
p e cte d th ere fro m to th e St. L ou is Iro n M ou ntain & Southern R a ilw a y ”
¿Signed)
J o s e p h H. Co n v e r s e , President.*
Louisville & Nashville.—The gross and net earnings have
been as follows:
T
.
,
.
T,
J u ly 1 t o Deo. 3 1 .
J a n u a r y ............. ...
<------ Gross E a rn in g s.------ s
„ 1886-7,
1885-6.
$ 7 ,6 *3,147 $ 6 ,9 4 1 ,9 2 6
1 ,2 2 8 ,0 9 3
1 ,0 5 0 ,6 3 6
,------- N et E a rn in g s____ -,
1886-7.
1865-6.
$ 3 ,2 2 9 ,5 0 2
$ 2,6 90 ,2 4 3
4 4 0 ,9 4 2
872,508
188 5 .
F rom la n d an d stu m p a ge s a l e s ..................................... $ 2 0 1 ,4 1 4
F ro m op e ra tio n o f ra ilro a d ........................................... 5 4 5 ,7 9 6
1886.
$ 1 8 3 ,0 5 7
6 0 3 ,7 8 6
T o ta l n et earnings fo r y e a r ....................................... $ 7 4 7 ,2 1 0
P a id interest on b o n d s .......................
5 0 ,0 0 0
Im p rov em en t, con stru ction a r d e q u ip m e n t............ 1 6 7 ,1 8 5
$ 7 6 6 ,8 4 1
5 0 ,0 0 0
5 6 8 ,3 1 5
Louisville New Orleans & Texas.—The gross and net earn
ings for January have been as follows :
N et in com e fo r y e a r ................................; ................$ 3 3 0 ,0 2 4
B a la n ce o f in com e from p rev iou s y ea r, less d iv i
d en d f u n d ......................................................................... 2 8 5 ,8 5 2
$ 1 4 8 ,5 2 8
G ross e a r n in g s ........
O p e ra tin g e xp en ses
A p p lica b le d iv id en d s on p re fe rre d s to c k ................... $ 7 6 5 ,3 7 7
D iv id e n d s fo r ye a r, 7 p e r c e n t ...................................... 3 74 ,53 1
$ 5 3 9 ,3 7 4
3 7 4 ,7 6 6
B a la n ce o f Incom e as o f Jan. 1 .................................... $ 3 9 0 ,8 4 6
D e ferred receip ts from la n d a n d stu m p a ge s a le s ..$ 3 6 8 ,6 6 8
$ 1 6 4 ,6 0 8
$ 314,001
3 90 ,84 6
Prior to 1885, improvement, construction and equipment
expenditures were charged to cost of road and equipment.
Such expenditures have since been charged against earnings,
which should be taken into account in comparing the net in
come from the operation of the railroad for the past two
years with that of 'former years, appearing in the following
statement, which also includes income from sales of lands and
stumpage. The operating expenses include taxes, interest,
sinking fund and fixed chargee.
Gross
Y ear. N a m in g «:
E xp enses.
1 8 8 3 ..
. $ 1 ,3 2 8 ,5 2 7 $ 1 ,0 5 7 ,3 4 1
1 8 8 4 ..
. 1 ,3 1 7 ,3 1 4
9 1 9 ,2 2 3
1 8 8 5 ..
. 1 ,3 8 1,21 2
8 8 5 ,4 1 6
1 8 8 6 ..
.1 ,5 5 8 ,0 8 5
1 ,0 0 4 ,2 9 9
Im p roveN et R R .
tnents.
In com e.
$ 2 7 1 ,1 8 6
3 9 8 ,0 9 1
$ 1 6 7 ,1 8 5
3 2 8 ,6 1 0
5 6 8 ,3 1 5
........
N e lL .it: S.
In com e.
$ 102,531
6 4,9 05
2 0 1 ,4 1 4
1 6 3 ,0 5 7
G E N E R A L IN V E S T M E N T N E W S.
Canadian Pacific.—The gross and net earnings for January
were as follows:
.------------- J a n u a ry .--------------->
1887.
1886.
G ross ea rn in g s......................................................... $ 6 4 3 ,4 9 3
$ 5 0 0 ,3 5 8
O p e ra tin g e x p e n s e s ................................................ 6 2 1 ,9 9 0
4 5 3 ,9 7 7
N et e a rn in g s ................................... ................. $ 2 1 ,5 0 3
$ 4 8 ,3 il
Chicago & Northwestern.—A further $6,500,000 Chicago &
Northwestern Railway Co. 4 per cent extension bonds of 1886
were recently taken by a syndicate headed by Kuhn, Loeb & Co.
Cleveland Columbus Cincinnati & Indianapolis.—The
annual meeting was held in Cleveland and the following
directors were elected : Stevenson Burke. T. P. Handy, James
Barnett, of Cleveland, and James D. Layng, of New York.
James D. Layng was elected President.
The annual report for the year ending December 81 shows
„
,
ChangesG ross ea rn in g s ...........................................................$ 7 ,1 9 0 ,9 3 6 I n c .. $ 7 7 9 ,4 9 1
O p era tin g exp en ses an d ch a r g e s ...................... 6 ,8 0 5 ,6 9 1 D e o .. 1 6 3 ,1 9 9
B a la n c e .....................................................................
A d d itio n s .................................................................
S u rp lu s.......................................................................
$ 3 8 5 ,2 4 5 I n c .7 $ 9 4 2 ,6 9 0
314 5*0 I n c ..
8 ,1 9 9
$ 7 0 ,6 6 5
I n o ..”" $ 9 2 4 ,4 9 1
Des Moines & Fort Dodge.—Over four-fifths of the bonds
of the Des Moines & Fort Dodge R. R. having assented to the
proposed lease to Rock Island, in return for its guarantee of
4 per cent and 2% per cent in interest on the bonds, notice is
given that March 15th is the last day on which to deposit bonds
with Blake Bros. & Co.
Des Moines Osceola & Southern.—At Des Moines, la.,
March 1, 1887, E. R. Wilson, master in chancery, sold this
narrow-guage railway to Ecward Woodman, of Portland, Me.,
one of the large bondholders, and a trustee of the mortgage
bondholders, for $750,000. There was no other bid.
Fort Worth & Denver City.—The gross and net earnings
for January and three months were as follows:
T otal 7 m onths .
$ 8 ,8 9 1 ,2 4 0
$ 7,8 9 2 ,6 1 2
$ 3 ,6 7 0 ,4 4 4
$ 3,0 6 2 ,7 5 1
--------- J a n u a ry .— - ,
1887.
138 6 .
$ 2 1 8 ,0 6 2
$15 9 ,7 4 8
1 3 3 ,6 9 6
123,472
N et e a r n in g s ...............................................................
$ 3 4 ,3 6 6
$36 ,27 6
Mexican Central.—The directors have voted to resume
oash payments of interest in full April 1, when a 5 per cent
coupon on the debentures falls due. The first mortgage
coupon on the 4s will be paid in cash July 1, and the 5 per
cent coupon on the coupon notes October 1, provided nothing
happens to prevent the company from paying.
Milwaukee Lake Shore & Western.—This company has
authorized an issue of $2,000,000 5 per cent debenture bonds.
New York Chicago & St. Louis.—The Central Trust Compamy have received $11,600,000 Nickel Plate lsts out of
$15,000,000, over $865,000-2ds out of $1,040,000, and over
461,623 shares of stock out of 500,000 shares. The Purchasing
Committee met March 8 and resolved to extend the time for
receiving securities until the 19th inst., after which date
there will be a penalty of $10 per bond and $11 per share, in
stead of $10 for the stock.
New York Lake Erie & Western.—The gross earnings by
months in 1885-6 and 1886-7 were as below. The gross earn
ings include 68 per cent of the earnings of the New York
Pennsylvania & Ohio, leased line, the other 32 per cent of the
earnings of that line being paid as rental. The net earnings
are correct as showing the actual results to the New York
Lake Erie & Western.
<----- Gross E a rn in g s.------,
1886-7.
1885-6.
O c to b e r.........................$ 2 ,2 3 4 ,8 5 9 $ 1,9 3 0 ,6 4 8
N o v e m b e r .................. 2 ,0 4 8 ,5 1 2
1 ,9 1 2,52 6
D e c e m b e r ................ 1 ,9 8 5,14 9
1 ,8 7 2,88 7
J a n u a r y ....................... 1 ,7 0 5 ,0 6 9 1 ,5 3 1 .6 0 4
T o ta l 4 m onth*. .. $ 7 ,9 7 3 ,5 3 9
$ 7 ,2 9 7 ,6 6 5
,-------N et E a r n in g s .-------,
1886-7.
1885-6.
$ 7 7 7 ,9 1 3
$ 67 4 ,4 1 0
6 34 ,61 5
6 0 9 ,9 7 4
5 5 9 ,7 4 1
5 15 ,36 0
3 4 6 ,1 8 3
3 02,308
$ 2 ,3 1 8 ,3 5 2
$ 2 ,1 0 2 ,0 5 2
New York & New England.—At New Haven, March 2, at
a meeting of the New Haven City Board of Finance, Colonel
William H. Stevenson, late Superintendent of the New York
division of the Consolidate i Railroad, appeared as the repre
sentative of the New England system, which he said now con
trols the New York & New England, the Housatonic and some
other roads, to purchase the city’s interest in the Derby road
for the Housatonic Valley Company, with a view of extend
ing it to Hawleyville, to connect with the New England road.
The New England party have offered $175s000 for the city’s
interest in the Derby road and J. B. Sargeant, supposed to be
in the New York & New Haven interest, offered $200,000 for
the property.
New York Ontario & Western.—Following is a statement
of the gross and net earnings of this road, obtained for publi
cation in the C h r o n i c l e :
G ross e a rn in g s..........
O p. e x p . an d ta x e s.
N e t ea rn in g s.........
<----------J a n u a ry .----------,
188 6 ,
1886.*
$ 9 0 ,1 6 5
$ 7 9 ,97 8
8 5,3 22
8 4,0 17
$ 4 ,8 4 3
d e f. $ 4 ,0 3 9
,— Oct. 1 to Jan . 31,— >
1886-7.
1895-6.*
$ 4 1 7 ,2 7 2
$ 5 6 1 ,5 5 1
3 7 5 ,9 2 6
5 60 ,93 7
$ 4 1 ,3 4 6
giflai
$ 61 4
affairs.
New York Stock Exchange—New York Susquehanna &
Western applies to list $3,750,000 first mortgage bonds of 1887
maturing 1937, and bearing 5 per cent. The issue is for the
purpose of converting $2,500,000 old 6 per cent mortgage,
«-----/ a n u a r y .— >
/-Nov. 1, to Ja n . 31.—> $150,000 coupon obligations issued during 1885-6 for funded
coupons, $1,100,000 for payment of car trusts and indebted
„
.
1887.
1886.
1 8 8 6 -7 .
1 6 8 5 -6 .
G ross ea rn in g s........................$ 3 7 ,6 1 9
$ 2 4 ,4 8 4
$ 1 3 6 ,3 4 6
$ 1 0 1 ,3 5 9
ness of the company.
«-tacMf1
O p era tin g e x p e n s e s ............... 2 3 ,4 1 3
1 5 ,9 16
6 8 ,0 2 3
6 7 ,9 7 9
The Richmond & Danville applies to list $l,500,00075"per
N et e a rn in g s ...................$ 1 4 ,2 0 6
$ 8 ,5 6 8
$ 6 8 ,3 2 3
$ 3 3 ,3 8 0 cent consolidated bonds of the $11,200,000 authorized issue.
The Chicago Rock Island & Pacific applies to list $1,000,000
The fixed charges for the three months to January 31,
additional first mortgage extension and collateral trust bonds
1887, were $43,050, leaving a surplus oi $25,273.
issued on new road in Kansas.
fe
Hartford & Connecticut Western.—A report saysthat Phil
The Detroit Bay City & Alpena Railroad Company applies
adelphia capitalists have completed negotiations for control of for the listing of $500,000 first mortgage bonds.
•Figures fo r 1 8 8 5 -6 a re on th e o ld basis o f
H
auch
THE CHRONICLE
5, 1887.J
309
Norfolk & Western.—The gross and net earnings in is claimed that this line will be in operation before next fall
from St. Paul to Helena and will have branches to Butte and
January were as below:
all leading Montana points, competing with the Northern
1887.
1880.
Gross e a rn in g s ................................................................$ 2 7 9 ,3 0 5
$ 2 1 8 ,9 0 7
Pacific.”
'
O perating e x p e n s e s .............................................. .
1 77 ,12 0
1 4 1 ,2 4 0
Shenandoah Yalley.—In the case between the first and
$ 1 0 2 ,1 8 5
$ 7 7 6 ,6 0 7 general mortgage bondholders, regarding the legal status of
Net earnings
Northern Pacific.—The gross and net earnings by months, $1,560,000 first mortgage bonds as securitv for the generals,
the matter is not yet settled. The Virginia Court permitted
in 1885-6 and 1886-7, have been as follows:
,------- N et E a rn in g s.------- . the Master to take further testimony, and for that purpose to
----- Gross E a rn in g s.-------->
1 88 6 7.
1885-6.
postpone the filing of his report, which will probably be made
1 8 8 6 -7 .
1885-6.
$ 3 ,9 7 0 ,1 2 4 $ 3,6 4 0 ,9 8 1 m April.
$ 6 ,7 4 3 ,2 6 0
J u ly 1 t o D eo. 3 1 . $ 7 ,3 4 2 ,2 9 5
The attorneys for the general mortgage bonds hope
4 0 ,7 2 1
3 0,0 52
5 7 1 ,4 2 1
4 8 0 ,3 3 0
J an u a ry...................
to show that the above-mentioned firsts are valid and legally
$ 7 ,2 2 3 ,5 9 9 $ 4 ,0 1 0 ,8 4 5 $ 3 ,6 7 1 ,0 3 3 held as security.
T otal 7 m o n th s .. $ 7,9 1 3 ,7 1 6
—The statement of earnings and expenses for the years 1886
Land sales for the same period in 1886-7 were 165,479 acres ; and
1885, and for January, 1887, is as follows :
amount of sales, including town lots, $577,065.
,------------- Y e a r .------------- ,
,--------- J a n u a r y .-------- ,
Ohio & Mississippi.—Following is a statement of the gross
1886.
183 5 .
188 7 .
1886.
G
ross
e
a
rn
in
g
s
.................
$
7
4
0
,6
5
5
$
3
9
4
,8
9
2
$ 5 7 ,2 8 8
$ 4 2 ,5 8 3
and net earnings of this road obtained for publication in the
O p eratin g e x p e n s e s ....
Ch r o n ic l e :
,------------J a n u a ry .----------- >
1 88 7 .
1886.
Gross e a rn in g s ................................................................$ 2 9 5 ,2 1 8
$ 2 7 4 ,1 8 0
2 1 3 ,3 3 0
O perating e x p e n s e s ...................... . ............................. 2 0 9 ,4 1 4
N et ea rn in g s.............................................................
$ 3 5 ,8 0 4
$ 6 0 ,8 5 0
Oregon Railway & Navigation Company.—Following is a
statement of the gross and net earnings of this road obtained
for publication in the C h r o n i c l e :
,-------- J a n u a ry .-------- ,
1887
1886.
G ross e a r n in g s ..........$ 2 7 4 ,2 5 9 $ 2 3 4 ,6 1 8
O p eratin g e x p e n se s . 2 2 5 ,2 3 7
2 2 9 ,6 4 5
,— J u ly 1 to Ja n . 3 1 .— >
1886-7.
1885-6.
$ 3 ,2 8 8 ,5 9 8 $ 3 ,4 4 9 ,8 4 6
1 ,8 0 5 ,7 4 2
1 ,8 0 8 ,1 7 9
N et ea rn in g s ...............
$ 1 ,4 8 2 ,8 5 0
$ 4 9 ,0 2 2
$ 4 ,9 7 3
$ 1 ,6 4 1 ,6 6 7
Oregon Short Line.—The statement for the month of De
cember, 1886, and the year shows as follows:
/ - ■■ ■Decen iber.-------- > .----------------Ye >a r .--------------»
1885.
1885.
1886.
1886.
$ 1 5 5 ,4 6 5 $ 1 ,9 4 2 ,1 0 7 $ 1 ,8 3 3 ,1 9 0
G ross ea rn in g s............. ...$ 1 6 3 ,5 0 1
1,1 8 2,87 3
1 12 ,64 0
1,347,421
O p erating e x p e n se s ...
N et ea rn in gs.........
T a xes, in terest, e t c . . . . . .
11,0 59
$ 4 2 ,8 2 5
12,931
$ 5 9 4 ,6 8 0
8 7 ,3 1 0
$ 6 r.0 ,3 1 7
9 2,3 57
S u rp lu s................... . . .
$ 3 2 ,3 0 1
$ 2 9 ,8 9 4
$ 5 0 7 ,3 7 6
$ 5 5 7 ,9 6 0
Peoria Decatur & Evansville.—Notice is given that an
issue of forty-year 5 per cent second mortgage bonds, dated
November, 1, 1886, having been authorized and prepared, the
Central Trust Co. will, on and after March 7, 1887, exchange
the same, bond for bond, at par, for the outstanding income
bonds of said company, viz.: Upon the Peoria Division $858, 000, and upon the Evansville Division $1,230,000, amounting
in all to $2,088,000.
Philadelphia & Reading.—The result of the joint opera
tions of the Philadelphia & Reading Railroad and Coal & Iron
Company in the month of January, tbe second month of the
fiscal year, was an increase of $390,034 in gross earnings and
an increase of $451,378 in net, compared with January, 1886.
r—— Gross R eceip ts.-------- >
188 6 -7 .
1885-6.
D e c e m b e r ............. $ 2 ,9 1 9 ,2 3 8
$ 2 ,9 9 4 ,0 3 4
J a n u a ry .................
2 ,6 0 8 ,5 7 1
2 ,2 1 8 ,5 3 7
T o ta l 2 m o n t h s ..
$ 5 ,5 2 7 ,8 0 9
$ 5 ,2 1 2 ,5 7 1
,------- N et R eceip ts.------- >
1 886-7.
1885-6.
$ 6 4 6 ,6 4 3
$ 6 5 5 ,2 0 8
7 4 9 ,4 3 5
2 9 8 ,0 5 7
$ 1 ,3 9 6 ,0 7 8
$ 9 5 3 ,2 6 5
—At a meeting of the Reorganization Trustees March 1 the
following resolution was adopted :
W hereas, D ep osits o f secu rities u n d er th e p la n o f reorg a n iz a tio n h a v e
b e e n m ad e as f o l l o w s :
D eposits.
Total issu e.
$ 2 4 ,2 0 0 ,0 0 0
G en eral m ortg a g e b o n d s ..................................... $ 2 4 ,6 8 6 ,0 0 0
8 ,8 5 2 ,7 0 0
In oom e b on d s an d con . a d j’m ’t s c r ip ...........
9 ,8 8 4 ,0 0 0
2 .7 0 8 .5 0 0
F irst series, 5 s ......................................
7 ,7 8 2 ,0 0 0
6 ,3 6 1 ,4 5 0
Beoond series, 5 s ...................................................
6 ,9 2 2 ,0 0 0
4 2 4 ,5 5 0
D eb. an d gu aran tee s c r ip ..................................
5 5 7 ,5 6 9
5,4 2 7,07 5
C o n v ertib le b o n d s ...............................................
5 ,5 1 6 ,8 0 0
6 00 ,00 0
D eb. b o n d s R . R . C o............................................
6 5 2 ,2 0 0
1 ,0 4 0 ,0 0 0
D eb, b on d s C. & I. C o ..........................................
1 ,1 1 0 ,0 0 0
3 7,3 1 1 ,6 6 0
C om m on s t o o k ..'.................................................. 3 9 ,4 7 7 ,3 4 7
5 51 ,40 0
P referred s t o c k ............. .......................................
7 35 ,50 0
21 , 666,100
D eferred in co m e b o n d s ..................................... 2 5,5 68 ,0 9 0
106 ,21 1
D eta ch ed c o u p o n s .......................................................................$ 1 2 2 ,8 9 1 ,5 0 6
$ 1 0 9 ,2 5 2 ,6 46
Resolved, T h a t this b o a rd reoom m end t o th e sy n d ica te th e p ro p rie ty o f
e xten d in g th e tim e fo r r e c e iv in g d ep osits o f secu rities un der th e p lan o f
reorganization fo r fifte e n d a ys fro m th e first d a y o f M arch, w ith a p e n
a lty o f 1 p e r ce n t on th e fa c e v a lu e o f th e secu rities, to b e pa id a t th e
tim e o f d ep osit, and also re o o m m e n d an a d d ition a l e xten sion o f fifte e n
days, w ith a p e n a lty o f 2 p er cen t,
Richmond Terminal.—The following Executive Committee
was chosen at a meeting of the directors of the Richmond &
West Point Terminal Company yesterday: T, M. Logan,
James B. Pace, Calvin S. Brice, Emanuel Lehman, George F.
Stone, John H. Inman and George S. Scott. President Alfred
Sully is a member of the committee by virtue of bis office.
Rochester & Pittsburg.—A dispatch from Rochester,
N. Y., March 3 said the fight between the stockholders of the
Rochester & Pittsburg Railroad is at last ended. To-day Judge
Mayer rendered a decision that the foreclosure sale to Adrian
Iselin was legal and valid and that the case be dismissed, the
defendant paying the costs.
St. Paul Minneapolis & Manitoba.—A Chicago Times
special from Fargo, Dak., Feb. 27, said : “ It is learned from
reliable sources that three of the great railroad building firms
have combined and taken the contract for the St. Paul Minn,
& Man. R.R.,700 miles of road between Mouse River, in North
ern Dakota, and Great Falls, in Montana, from Great Falls. The
road continues south to Helena as the Montana Central. It
6 6 1 ,3 7 9
N et earnings.................$ 7 9 ,2 7 6
6 7 0 ,1 6 1
6 1 ,3 5 3
5 9 ,4 2 8
$ 2 4 ,7 3 1 d ef. $ 4 ,0 6 5 d e f. $ 7 ,8 45
Texas & Pacific.—The annual meeting of the Texas &
Pacific Railway Company was held this week in New York.
The directors elected were George B. Roberts, Samuel Sloan,
John Marboe, C. E. Satterlee, C. M. McGhee, W. D. Winsor,
Robert Fleming, W. C. Hall, John H. Wright, JohnL. Brown,
John H. Hutchinson, S. H. H. Clark, Isaac J. Wistar, Jay
Gould, George J. Gould, A. L. Hopkins and Russell Sage.
Mr. Fleming said the election was a m ere matter of form,
pending the foreclosure sale of the road.
Toledo Peoria & Western.—The bondholders’ committee
reports that the total issue of the bonds secured by the first
mortgage is $4,427,000, out of which holders to the extent of
$4,076,000 signed the bondholders’ agreement and sur
rendered their bonds. The road was bought in for $4,790,000.
The purchase price was paid by the use of the bonds deposited,
at their dividend value of $4,389,710, $142,660 received from
the trustees on account of the earnings of the road, and the
balance, $257,629, was borrowed. The oommittee, having
taken title to the road, have called a general meeting of the
subscribers for the purpose of making disposition of the same
March 31.
The committee suggest as a plan of reorganization that the
road be sold to a new company whose capital stook shall not
exceed $5,000,000 and whose bonded debt shall not exceed
$5,000,000 of first mortgage bonds, bearing 4 per cent interest.
The distribution shall be one bond and ten shares of stock of
$100 each, for each bond held under the bondholders’ agree*
ment, and also a sufficient number of bonds and stock to repay
the advances made for the completion of the purchase ana
necessary expenses. The balance of the stock and bonds to
be issued only for cash, if necessary for repairs, equipment, &o.
The trustees’ accounts show that the new corporation will
be able to pay the interest on the bonds proposed to be issued
and more.
Troy & Boston.—The N. Y. Herald reports a director of
the Troy & Boston Railroad Company as saying the company
will not pay the interest due on bonds March 1, and the bond
holders will be given an opportunity to foreclose and sell the
road.
Wabash St. Louis & Pacific—Wabash St. Louis & West
ern.—The articles of incorporation of the Wabash St. Louis &
Western Railway Co., successors of the Wabash St. Louis &
Pacific Company, as to the property west of the Mississippi
River, have been filed in Jefferson City, Mo. Tbe share capi
tal of the new company is fixed at $6,000,000. The first board
of directors will be composed of nine persons, seven of whom
are A. A. Talmage, St. Louis; Charles Ridgely, Springfield, 111.;
E. T. Wills, Hartford, Conn.; R. S. Elmer, T. H. Hubbard, O.
D. Ashley and J. J. Lawrence, New York. It is expected that
Col. Talmage will be made President and O. D. Ashley VicePresident. The matter comes up for further consideration
before Judges Brewer and Thayer on the 7th inst.
—The Plymouth Consolidated Gold Mining Company
presents in the C h r o n i c l e to-day its annual report for the
year 1886, being its fourth annual statement. This company
has produced during the year $626,978 of gold bullion, while
its operating expenses were only $283,760, a showing that
compares with the best of our railroad corporations for net
profits. This company will pay to-day, March 5, its fortysixth dividend of 25 cents per share. The mines of the com
pany are situated in Plymouth, Amador County, California,
and the company owns nearly a mile of another lode, and its
friends claim that it also promises to be one of the best fissure
vein mines in the country. Mr. W. Van Norden, of New
York, is President of the company. It is reperted as having
no debt, and with a surplus of nearly $100,000 on hand.
—Attention is called to the card of the well known banking
and brokerage house of Messrs. Lockwood & Cro3man of this
city. They especially solicit orders, either from this country or
Europe, for the purchase and sale of any of the securities of
the Philadelphia & Reading Railroad Company on the Phila
delphia or New York Stock Exchanges.
—Mr. J. P. Wintringham has just issued his annual range of
prices of gas, bank, insurance and trus t companies’ stocks for
the year 1886 in a neat pamphlet form. Investors will do well
i tc tend forgone to keep for reference.
a
^
THE CHEUNICLE.
310
[VOL. XLIV.
gcpcrrls atutt gojcumettts.
ILLINOIS CENTRAL RAILROAD COMPANY
REPORr OF THE DIRECTORS TO THE STOCKHOLDERS.
F O B T H E Y E A R E N D E D D E C E M B E R 3 1 ,1 8 8 6 .
The gross sum received by this Company from traffic during the past year w a s ......................................
$12.529.493 15
In lb85 the sum re< eived was.................................................................................................................................... 12,621.264 04
The net earnings of the railroad in 1886 were.............................................................................................
4.738.952 85
And in 1885.................................................................................................................................................................
4,776,189 01
The net receipts of this Company during the past year from all sources were :
Surplus Dividend Fund, as shown in last report............................................................ <•.........................................
$294,190 07
Traffic.........................................................................................................................................................................
4,7:18.952 85
Lands................
102,120 6
147,393 29
Hew York Office....................................................................
From that sum there were paid :
Bonds drawn under Sinking Fund and Interest on Debt
Rental of Chicago Sc. Ljuis Sc New Orleans Railroad...
Permanent improvements,...
...................... ................
$5,282,656 36
$826,760 00
1.507.187 98
---------------- $2,333.947 98
...................
615,926 11
2,949.874 09
Leaving................................................ ...................................................................................................................... $2,332,782 27
•Out of which there have been taken two semi-annual dividends of 3% p-r cent p-tyable September 1, 1886, and
March 1, 1887, amounting to............................................................................................. ..................... ,..........
2,080,000 00
Carried forward to Surplus Dividend Fuad, to be held applicable to the next succeeding dividend...............
$302,782 27
The in« rease in the rent of the Chicago St. Lou's & New Orleans Rtilroad arises from the payment of 609 bonds of the
New Oilcan* Jackson & Great Northern Radrotd Company, due July 1, 1886, ac £225 Sterling each. Those bonds have
always si ood upon the Company’s books as liabilities for $1.000 eacn, and new bonds, each for that sum, were is sued in
exchange. In tuture, the annual rent of the Cdcago St. L >uis & N w Orleans Riilroai will be about $1,376,900.
The extension of the Yaz o Sc Missis-ippi Valley Railroad, referred to in the last report, was completed in December last,
The Southern Branches earned, during the year 1886, four and three-quarters per cent upon their cost at the beginning
of that )ear, and over three and a half per cent up m the sum no-v investe 1 in them, which is $4.149,864 18.
1 stead of constructing a new road to Memphis, your directors have bought a majority of the stock, and of each class
of bonds, of the Mississippi & Tenne see Railroad Company, bee ween Grenaia in Mississippi, and Memphis in Tennessee,
which forms, with your line, the shortest po sible route by fifty-eight miles, from Memphis to New Orleans. That road was
built mote ihan twenty years ago ; it runs through a we l-settled c matry, and e 'joys a good local business. While the
finances of that company are in process of reorgauization it is impossible to state the real worth of its securities; your
directors are, however, satisfied that, although the road cannot earn eight per cent per annum upon its bonds, the property
would sell for the sum of its indebtedness.
Your directors have undertak n the building of the Chicago Madison & Northern Railroad, which is in effect the
extension of your North Division from Freeport to M idison, the capital of the St ate of Wisconsin, and will construct a new
railway from Freeport to Cnicago. Tne form r will, it is believed, prove valuable, especially if ext ended still further north
ward ; the latter will bring into Chicago m *r«;han lias and passe igers from the upper end of your North Division and from
Iowa, as well as from Wisconsin. These roads will be ab >ut 170 miles iu length, and will off er the most direct communi
cation between Dubuque us well as R >ckford (the second most import mt manufacturing town in Illinois) and Chicago,
Heretofore the freight and pas-engers from toe I >wa and the North Divisions have been biought into Chicago by another
railroad from F- rreston, upon the payment of about $200,000 per annum by the Illinois Central Railroad Company. The
road irnm Chicago to Madison will probably be completed next autumn.
In order to control the Chicago Havana SC Western Railroad, from Champaign, on your Chicago Division, through
Clinton, the point of intersection of the North Sc Springfield Divisions, to Havana, Illinois, with a branch from M mticello to
Decatur on tue Noitb Division; and the Rantoul Ntrrow-Giuge Railroad, from West Lebanon, Indiana, through Rautoul, on
your Chicago Division, and Bellefl >wer on your Springfield Divi-ion, to Leroy, Illinois, payments were made, as shown in the
accompanying balance sheet. Ea ly in January, 1837, further payments were made, and clear titles to both railways were
acquired through foreclosure. Each of the->e has in former years diverted a large amount of traffic naturally tributary to
Chicago hy he Illinois Central. Tne gross earnimrs of vour railway, from freight, at the three points where the Chicago
Havana & Western Railroad crosses it were, in 1865, $341,051, and in 1885 $186.379,
It is not expected that the acquisition of these ro d* will bring the earnings at those points up to those sums, but it will
stop a luiuous competition and bring new business. Your directors have every reason to believe tnat these roads will earn a
fair retu'n upon the oapital invested in taem, which, when the roads are rebuilt ani equipped, wilt amount to not far from
$2 ,5 0 0 ,1 0 0 .
r
The purchase of these railways, and the extension of the Yazoo & Mississippi Valley Rtilroad, will add 290 miles to the
railway system owned by this Comp iny.
Since the sale of the $1,500,000 f o u r per cent Bonds referred to in the last report, the debt of this Company has been
further increased by the issue of $2,496,000 of tnree and oue-half per cent Bind-« secured by the mortgage of August 10, 1874.
Of the five per cent Gold Bonds of the Chicago St. Louis Sc New Orleans Rtilroad Company owned by the Illinois Cen
tral Railroad Company, $5,000,0U0 have been pledged to secure auother issue of £1,000,000 Sterling three and one-half per cent
Bonds of 1950.
All of the expenses attending the issue of both clashes of bonds have b^en defrayed from income. The loss on Sterling
Exchange incident to the sale of £1,000,000 of Boa s in Loudon, wuich amounted to $142,991 19, has been charged to profit
and loss. Iu the difference between tne apparent and the actual interest upon these boa >8, the Company will realize profits on
Sterling Excnange which, during the life <>f these boa is, wiTmuoh more chan offset this apparent loss.
The outlay during the year 1386 on Capital Acoouat.TfSf charged against Iaoome, has been as follows :
Chicago Madison Sc Northern Railroad................................................................................................ $745,000 00
South Chicago Railroad...........................................................................................................................
7,137 57
Yazoo Sc Mississippi Valley Railroad...................................................................................................... 1,108,749 69
Chicago H vaua Sc Western Railroad..................................................................................................... 1,367,832 54
Rantoul Railroad......................... ....................................................................................................... ..
356,628 85
---------------- $3,585,398 65
Iowa Division........................................................................ .....................................................................................
91,110 19
$3,676,508 84
In fulfilment of a contract entered into many years ago and renewed iu 1831, the two elevators, or grain warehouses,
erected on the land of the Company at Cnicago, have been purchased at a valuation.
At a meeting of the S ockhoiders, held on the 18:h J tnuary, 1887, it was resolved to increase the capital of the
Company by an issue of $1,000,000 of stock, in shares of $100 each, upon the payment of $136 for each share. The whole
issue was suoscribed for by shareholders or sold at not less than that price, and the proceeds have been credited to an
*' Improvement Fund,” against which are charged the cost of the elevators in Chicago, and the equipment for braach lines,
included among the assets of the Company, shown in accompanying tables.
The Directors have ordered the construction of 1,000 additional freight cars, which will also be paid for from this fund.
By order of the Board,
LEVI P. MORTON,
SIDNEY WEBSTER,
JAMES C. CLARKE,
OLIVER HARRIMAN,
JOHN ELLlOlT,
S. VAN RENSSELAER CRUGER,
STUYVESANT FISH,
B F. AYER.
WALTHER LUTfGEN,
WILLIAM WALDORF ASTOR,
EDWARD H. HARRIMAN,
ROBERT GOELET,
Directors.
Hew Y o r k , February 28, 1887.
March
311
THE CHRONICLE.
5, 1887.]
CONDENSED BALANCE SHEET.
GB.
Dr.
¿ T r a n e n t E xp en d itu re«:
On Illin ois C entral R a ilr o a d ..............................
On S pringfield D iv is io n .......................................
On M id d le D iv is io n ..............................................
On South C h ica go R a ilro a d ................................
On S outhern D i v i s i o n .. ..........- .........................
On W est <fe E ast R a ilr o a d ...
On C an ton A b erd een & N a sh v ille R a ilro a d .
On Y a z o o & M ississippi V a lle y R id i r o a d ....
On C h ica go M adison & N orthern R a ilr o a d ..
On Chicago H a v a n a & W estern R a ilr o a d ...
On R an tou l R a ilro a d ............................................
On Io w a D iv is io n ...... . -.........................................
Working S tock o f S u p p lies.....................................
Net A ssets, N ew Y o r k ............................................
Net A ssets. C h ica g o ................................................
Assets in In su ra n ce F u n d .....................................
$ 3 3 ,0 0 0 ,0 0 0 0 0
1 ,6 0 0 ,0 0 0 OJ
1 ,4 3 2 ,8 5 8 9 3
2 1 4 ,0 7 8 51
2 8 ,0 0 0 ,0 0 0 0 0
1 4 1 ,0 0 0 0 0
1 ,8 9 2 ,6 3 9 82
2 ,1 1 6 ,2 2 4 3 6
7 4 5 ,0 0 0 0 0
1 ,3 6 7 ,8 8 2 54
3 5 6 ,6 2 8 85
1 ,4 8 2 ,9 6 7 6 4
5 4 9 ,8 9 7 69
9 ,1 9 6 ,7 5 5 89
1 4 4 ,5 3 8 63
6 5,6 49 28
C apital S tock Illin o is C ent. K R . C o .. $ 2 9 ,0 0 0 ,0 0 0 0 0
1 8 ,9 6 4 ,0 0 0 0 0
F unded D ebt
,d °
™ r .
7 ,0 0 0 0 0
P a st d u e a n d ca lle d b ’ ds I . C. R R . C o.
$ 4 7 ,9 7 1 ,0 0 0 0 0
C ap ital S to ck C. St. L . & N . O .R R . Co. $10,000,000 00
1 7 ,9 9 1 ,0 0 0 0 0
F un ded D ebt
da
9 ,0 0 0 0 0
P a s t du e a n d ca lle d b d s d o
2 8 ,0 0 0 ,0 0 0
1 ,0 1 5 ,0 0 0
3 0 2 ,7 8 2
4 ,9 5 1 ,6 9 0
6 5 ,6 4 9
S et a p a rt to p ro v id e fo r d iv id e n d p a y a b le M ar. 1 ,1887.
Surplus D iv id e n d F u n d .............................................................
P r o lit a n d L o s s ..............................................................................
In s u ra n ce F u n d ....................................................................... .
OO
00
27
09
28
$ 8 2 ,3 0 6 ,1 2 2 I d
$ 8 2 ,3 0 6 ,1 2 2 14
a p p l ic a t io n
in c o m e .
of
$ 2 9 4 ,1 9 0 0 7
Surplus D iv id e n d F u n d D ecem b er 3 1 ,1 8 8 5 , as s h ow n in la st r e p o r t. . . . .. . . . . . . .
N e tR eceip ts fro m O p eration o f R a ilw a y in 1 8 8 6 ............................................................
Net R eoeip ts o f L a n a O ffice .. .
NET RECEIPTS IN NEW YORK.................................................
F t e T o E S ’K
C entral ea rn in gs
$ 4 ,7 3 8 ,9 3 2 35
1 0 2 ,1 2 0 69
$ 3 1 3 ,3 4 3 25
S S a . ? ’« - ‘i s a s i T c i r v a * • «
.......................................
® P®* re n t s te r h n g S?nkfng^Fund B o n ^ C o u w i i ^ A p ril a n d O c to b e r ,"i8*8 6 . —
5IIIS
I S
I B o n d ^ o u ^ n s , June a n S ^ e ce m b e r, 1 8 8 6 .....
4 ,9 8 8 ,4 6 6 2 9
1 4 7 ,3 9 3 25
1 6 5 ,9 5 0 0 0
$ 5 ,2 8 2 ,6 5 6 3 $
* " .." ." " .'
$ 1 5 0 ,0 0 0
1 9 7 ,5 0 0
5 0 ,0 0 0
9 6 ,0 0 0
4 8 ,4 0 0
8 7 ,3 6 0
6 0 ,0 0 0
8 7 ,5 0 0
00
00
00
00
00
00
00
00
' 2 2 ,1 8 0
1 0 6 ,2 4 0
1 1 8 ,6 4 0
9 7 ,8 6 0
4 ,8 0 0
6 8 5 ,0 2 5
4 0 0 ,0 0 0
00
00
00
00
00
00
00
7 7 6 ,7 6 0 00
3ifl p e r ce n t S terlin g B on d C oup ons, J a n u a ry , 1 8 8 7 ............................
5 0 ,0 0 0 0 0
n iin o is C entral 5 p e r ce n t S terling S in king F u n d B on d s o f 1 9 0 3 , d ra w n fo r P a ym e n t.
a Tier ce n t M C 2 a M ortg ag e Bond Coupons, F eb ru a ry , 1 8 8 6 ..................................
8 n er ce n t N.' O.' J . A Gt. N fls t .M o r tg a g e B o n d C oupons, J u ly , 1 88 6
in e x c h a n g e fo r w h ich
ce n t G old B on d s o f 1951
Salaries o f T ru stees an d others
1 ,5 0 7 ,1 8 7 98
2 ,0 3 0 ,0 0 0 0 0
■Dividend S eptem ber, 1 8 8 6 , o n Illin ois C entral Shares
D M & d , ’ M a rc h ?1 88 7 , o n Illin ois C entral S hares - -
6 1 5 ,9 2 6 11
C on stru ction A cco u n t in n iin o is . — — ■
C on stru ction A c c o u n t •'Southern D iv ision
4 ,9 7 9 ,8 7 4 0 9
$ 3 0 2 ,7 8 2 2 7
S urplus D iv id e n d F u n d, a p p lica b le t o n e x t su cce e d in g D iv id e n d .. —
PERMANENT EXPENDITURES.
Illin o is C entral
P rop er.
CONBri<i^ng^18ta tion G rounds a n d B u ildin gs.
Sidings.
F e n c in g ...........
I r o n R ails.
S teel R a lls —
B alla stin g.
R ig h t o f W a y , & c .................................
L a k e Shore P r o t e c t i o n ......................
N ew M ain T ra ck .................. ••- ••••••
W a sh in g ton D r iv in g P a rk T r a c k ...
F illin g a t C h ica g o ........... •- —
F illin g a t W est s a lt C reek T restle.
EQUIPMENT—
N ew L o co m o tiv e s .................... ............
N ew P a ssen g er C ars............................
N ew S leep in g C ars . . . ......................
N ew F reig h t C a r s ..............................
$ 3 2 ,3 3 6 54
1 2 ,2 6 0 0 0
2 7 ,1 9 7
169
1 2,8 85
1 3 8 ,9 8 4
3 6 ,5 9 5
2 1 ,2 6 3
71
47
36
87
00
81
7 3 ,9 4 5
1 8 ,3 1 7
5 5 ,4 6 5
1 4 0 ,7 6 2
21
63
60
47
$ 5 7 0 ,1 8 3 67
T o t a l.
S p rin g field
D iv isio n .
S ou th ern
D ivision.
$ 4 ,9 9 4 7 7
6 01 4 7
3 1 6 05
$12 ,61 1 67
5 ,1 1 1 6 4
2 ,5 0 9 33
5 5 7 84
2 4 0 62
1 7 ,8 3 0 41
7 2 3 13
2 4 5 51
$ 6 ,9 5 6 26
$ 3 8 ,7 8 6 18
Total in Illin o is
a n d on So. D iv.
$ 4 9 ,9 4 2 98
1 7 ,9 73 11
2 ,8 2 5 38
4 5 ,5 8 5
1 ,1 3 3
1 2 ,8 85
1 3 8 ,9 8 4
3 6 ,5 9 5
2 1 ,2 6 3
2 45
96
22
36
87
00
81
51
7 3 ,9 4 5
1 8 ,3 17
5 5,4 65
1 4 0 ,7 6 2
21
63
60
47
$ 6 1 5 .9 2 6 11
Io w a
D iv isio n .
$936
4 3 ,7 0 5
416
3 ,9 5 4
2 0 ,8 2 2
2 1 ,2 6 5
10
36
66
50
20
04
38
05
Total
Whole L i n t .
$ 5 0 ,8 7 9 3 4
6 1 ,6 7 8 7 7
3 ,2 4 1 8 8
3 ,9 5 4 2 0
2 0 ,8 2 2 0 4
6 6 ,8 5 1 3 4
1 ,1 4 3 2 7
1 2 ,8 8 5 3 6
1 3 8 ,9 8 4 8 7
3 6 ,5 9 5 ,0 0
2 1 ,2 6 3 8 1
2 4 5 51
7 3 ,9 4 5
1 8 ,3 1 7
5 5 ,4 6 5
1 4 0 ,7 6 2
$ 9 1 ,1 1 0 19
21
63
60
47
$ 7 0 7 ,0 3 6 3 0
$ 5 7 0 ,1 8 3 67
6 ,9 5 6 26
C h a r g e d t o I n com e —
H linois C entral P r o p e r .
S pringfield D iv is io n —
$ 5 7 7 ,1 3 9 93
3 8 ,7 8 6 18
T o ta l in I llin o is .............
S outhern D iv is io n ............... .
$ 6 1 5 ,9 2 6 11
9 1 ,1 1 0 19
$ 7 0 7 ,0 3 6 3 0
C harged to P erm a n en t E x p en d itu res, I o w a
ASSETS, NEW YORK.
E lev a tors in C h ic a g o .................................................................................................... '*"***........................................ .............
E q u ip m en t fo r B ra n ch L i n e s ......................................... - ............ ,*............. ....................
B on d s • ! 195 0 .)
..................... ........... ...........
C. St. L. & N . O. R R . Co. S tock, at 8 0 ..................... ......................................................................................................................
B on d s a n d S tock o f th e M ississippi & T enn essee R R . C o ................................................
*4 6 2 ,2 5 5 9 4
2 3 5 ,5 4 4 49
$ 5 ,5 0 4 ,0 0 0 0 0
1 1 2 ,1 6 0 0 0
1 ,7 1 4 ,2 4 5 9 0
*
_______ .................................................................................................................................
v
fi
«
ov erd u e and u n cla im e d ................................................................................
O th er lia b ilit ie s ............. ............................................... .....................*..................................................
7 ,3 3 0 ,4 0 5 9 0
1 ,1 9 2 ,1 4 5 7 7
5 1 0 ,2 9 2 2 2
Cash a n d L oa n s o n C a ll........................... .......................................................... ................................................................................
O th er A s s e ts .........................................................................................................................
L ess L ia b il it ie s —
$ 0 9 7 ,8 0 0 4 3
$ 9 ,7 3 0 ,6 4 4 3 2
4 0 6 ,3 9 8 0 0
1 0 9 ,4 6 4 6 6
1 8 ,0 2 5 7 7
5 3 3 ,8 8 8 4 3
$ 9 ,1 9 6 ,7 5 5 t®
312
&THE CHRONICLE.
FORTIETH
ANNUAL REPORT
OF THE
PENNSYLVANIA
[V o l . X L J Y .
RAILROAD
COMPANY.
O f f ic e o f t h e
i
PENNSYLVANIA RAILROAD COMPANY l
P h i l a d e l p h ia , March 1st, 1887.
’C
The Board of Directors submit herewith their report for the year 1880.
MAIN LINE AND BRANCHES, PHILADELPHIA TO PITTSBURG.
................. .".__...................................................................................................... ..
87 14
.................................................................................................................................. 19,149,24 9 86
Net earnings...................................
Add Interest iromInvestments (in
cash), also"
for iise'nf
(in cash),
also "for
use of MminmâAVoVAi*
equipment and’ VAU,*.............................................................
from"oVnérYtô ma' . * * . ' * . * * * * . * ' §|
Total. ..................
...........................
7,467,485 14
Net Income Pennsylvania Railroad Division...........................
$8,974,969 7*
PHILADELPHIA TO NEW YORK AND BRANCHES.
Earnings...
" E x p e n s e s ;..
........ $15,538,304 99
.......... 11,227,812 84
.
Net earnings from operating ...
Add interest from investments................. ’ ..i'll":’ .’ ’ ............................. .....................................................................
Total Income.....................
Deduct payments on account of uivid'endi", "in ten t on ¿quipment,''<¿¿1
$4,310,492
401,025
..............
I * . ............................................. $4,711, 517
4,890,533
11"H
15
08
23
02
Net loss under lease of United New Jersey Railroad & Canal Company's property...........
179,015 79
Balance..........................
$8,795,953 99
PHILADELPHIA & ERIE RAILROAD.
Earnings....,
Expenses....
$3.708,484 87
2,242,531 91
Net earnings.......... .................
...........................
Deduct interest eli urged for use’of equipment 1’ ................ ................................................................................................ $1,465,95 2 96
..................... *.................................................. ...........................................
201,695 90
Net earnings payable to Philadelphia & Erie Railroad Company as rental.
$1,264,257 06
SUMMARY.
Net income Pennsylvania Railroad Division..
Net loss New Jersey Division................
...........
$ 8i ,,974,969 78
179,015 79
& Balance after deducting loss on New Jersey Division.
$8,795,953 99
From this balance of income for the year
the following amounts have been deducted:"—
**
P aym ent to fund fo r the purchase of
.................
............................................................................
C
om pany
...
P ennsy
A ll■jeO h e n y ^ Y ai A e Y * R a h . r o Xd * U i mi p j ^ y —
$8,795,953 99
SECU RITIES
GUARANTEED
BY
TH E
P E N N SY L V A N IA R A IL R O A D
E ®*^®"®' ”®i n U n g ' f u n d
« r i
**** ~
F rede
a
c c o u
n
t
$69,895
324,800
"
...........................
P" C0Itta0*
Interest guaranteed by Pennsylvania Railroad Company.
Amount paid in settlements of balances under Trunk T in« nrwvi i», i oon
Payment made in 1886 on a cco u n t o n f a b g f t ? S S d S u K o , ? , f f i l :
698,390
r Railroad
Company........
15.000
90.000
411,971
265,000
00
1,875,057 09
Out of which was paid a dividend of five per cent..........................................
Leaving a balance o f.....................
■ Frpm which should be deducted the’ foil owing—"...............................................*............................................................
BaLAHCa o p T i ^ ^ t o o O T
a b v ancjcd t o
^ ^ P
c n n s y l v a n ia
$6,920,896 90
4,738,892 50
$2,182,004 40
COMPANY IN 1 8 8 5 , t o en a b le it to m e e t its o b lig a tio n s
B a la n ce in settlem en t o f su n d ry a ccou n ts an d a m ou n t c h a ^ d ¿ f f fo r d e p r e c ia t io n 1i ! " ! ' . * * ’ *...................................
« « « 7 .0 9 3 0 6
623,755 84
----------------------
................................. “
1,290,848 90
$ 8 9 1 ,1 5 ^ 0
Balance to orcdlt of profit and loss December 31,1886
$15,625,348 35
^
oi
Company, and, notwithstanding the
reductfonin the income^romJnrestoen^there fe f e ^ n a b f t o f e a jiw b T t f ^ e fe v e n u f
^
*
chargeable thereto^and°the‘ payment o f . l i d l f o ^ f “ E™ 7 * 2 * * * * " " ; ^
deiucting the su“ a P-periy
was deducted the sum of $1 290 848 90 ornnerlv nh
ki a.**6* ° f nt’ ^ ere remained a balance of $2,182,004 40, from which
that account. This sum, whLh T i l
" S !* * “ £ ° * i**™ * $891’ 155 50 to 1)6 carried *>
credit of
profits expended during the year in strenffthenimr^nd im ^
6 capita 8tock of the Company, represents the amount of
between expenses and capital expenditures might also have
^°“ rprop®rtl08' aQd which, on the basis of a strict division
the Pennaylranfa Company to m e e /S e defidt“ 1f I* s .aooo“ M1J“ ri?*
T^nlSSB and 1888, being the amount advanced to
purposes, was properlyZfde to view o^the f f t Z ’* V“ 1885 f
0perf “ m of ^ ur.
« “ <».
tor other
ltoea, and auch aum could not be returned to vnnr tr .. ^°UF omP8ny 18 responsible for all liabilities connected with these
amount; and white there is a fair balance to the /■ d f g 0.?83 8
company increased its obligations by borrowing this
*r
against that item 11,065,080, theeo’s to f th .
fh
°ei<
h:
and Conduction L a d s™ t“
U g
Z
t z z z
M arch
313
THE CHRONICLE.
5, 1887.]
: which it paid under the terms of the lease of that road, and for which it receives no securities, and also an
BaU.,ra3r_?0“
pa! it,’’ being
I ? “ “ a portion of th e depreciation
deTreciaTion in
aconuona,».____
in tthe
h - value of *the
- Jeffersonville Madison
M adl“ n &
* Indianapolis B ” lroad
stock resultin g from th e con stru ction ^of “ m P®“ iv e l m M . _________ „ J „ f Pittsburir and Erie, b u t th at
Tt w ill be noted that°^rfreVght rates show a slight improvement on all divisions east of Pittsburg and Enej,
Ifc will be notea mat me
g
. .
.______ .
mom
the additional revenue. There was
on the United Kauroaqs or
i
m<| t(mnage. nnd while there was a slight decrease in the through freight on
botHtoM atoLtae and United Railroads of New Jersey, there was a large gain in the local tonnage of all the lines. Upon
'
-
'
£
£
£
=
^ t n d w a s
more than able to provide for
aU itS ? i f Iot t o Syour Company upon the United Railroad, of New Jersey slightly exceeded that of last year. The excepUcuM
eervice reV red upon that d iL o n , in connection with the expensive character of its terminals, seems to preclude the
possibility of operating it as economically as the other roads in your system.
P
There has been expended for construction, equipment and real estate, as follows .
$ 1 ,8 9 0 ,3 1 8
4 6 8 ,1 6 3
1 17 ,55 3
5 1 1 ,3 5 2
2 ,1 3 6 ,5 9 1
sjyl_____ ___
U
nited
o*.f *,
N vew
un
iw u R ailroa d s V
" ^ Jesey^
................................. .................. .
elp h ia <$ U n e n t e 1aniT e x t m s io n s o n b ra n oii an d *a u xilia ry lin e s"o p e ra te d b y th e C o m p a n y ..
A d v a n ces1on °a cc o u n t o f co n stru c tio n o f n ew b ra n oh a n d a u x ilia ry lin e s.
On a cco u n t o f't i i e r o ‘ ¿ d v a n c e Y th e r e has
r e c e i v 'd from '¿¿m e o f th e co m p a n ie s in c a s h .....................................................................
40
53
19
52
06
$ 5 ,4 2 3 ,9 7 8 7 0
4 4 3 ,6 9 4 5 0
$ 4 ,9 8 0 ,2 8 4 2 0
T o ta l a m ou n t ex p e n d e d o n ca p ita l a o co u n t in 1 8 8 6 ..................................................................................................... ....................
T his a m ou n t w a s ob ta in ed b y th e issue o f 7 4 ,8 6 9 shares o f s to c k ..................................... f " " " " " ” ” . ' " V ...............
8 9 1 ,1 5 5 5 0
3 4 5 ,6 7 8 7 0
F rom th e surplus profits o f th e C o m p a n y ................................*............................................................................. .............................
F rom m iscella n eou s r e s o u r c e s .................... ..........................................................................................................
.......................... $ 4 .9 8 0 ,2 8 4 2 0
T Z vxom t
or these « .v a o ... to b
r » » .o d . 0 . 111« , Hue. th .™ h . v .
ho»
r e » l v . d h. I . » « « « 0, t h e .. C o m p » . « , » 1 . « « « ® “ ■
The principal of the debt due to the State of Pennsylvania ou aocount of t h e ^ r c h a s e o f
^
L '“
during the year by the payment of $847,800 25, which was charged to capital aocount. The balanced
“ $1,9Und7er the provisions of the cor solidated mortgage of the Company there were set apart, on the first^ ^ ¡ ¡ £ ¡ 5
out of the net income, $324,800 as a sinking fund for t^e redemption of the
Their market value was too high, however, to permit of the purchase o
^
investment; and they
the credit of the tru th s of the sinking fund, making an aggregate of $647,630 Place^J lfch t^
cent inUre8t per
have been able to invest a portion thereof in well-secured first mortgages upon real estate bearing four per <
_
These
The amount
amount of
of bonds
purchased to
date jo
is $1,769,070
plastyear.
annum. The
Donas purcnasea
to u»te
? i ,« u«,v >u at
c« their
—“** par
t value,
*' being
" the sameTas reported
~ , -<007
®o 407 qrs
r Z w i t h the accrued interest Ihereou, amounting to *11,165, makea totelio th esin km gfu odjaou a^
There are now in the sinking fund, for the redemption of the obligations of the various companies forming the u aitea
New Jersey Railroad & Canal Company, securities of the par value of $4,055,900 J here^ ^
acc0rdance
the trustees, of $3,934 55, making an aggregate investment of $4,059,834 55, for which
w ith the term s o f the lease, receive bonds to be issued under the general m ortgage of that C om pany.
T h e trustees o f the staking fu n d for the redem ption o f the trust certificates issued fo r the purchase
£ £ £ £ £ £ £ %
£
t h
^
^
m
K
^
the rirares
r J l returned to your treaeury :« M £ f
canceled to December 81st, 1888, is $1,836,000, leaving outstanding $8,174.000.
»5,000,Further provision was made, under the system of Oar Trusts, for the equipment of your roads by ths .»sue or * , ,
000 additional certificates, bearing interest at four per cent per annum. TY nd“ *h“
5
J T ^ g S ta ^ b e
up to the close of the year, 2,805 long and hopper gondolas for the Mam Line, 750 box cars and 1,300 long gondotas o ^ t
lines in which your Company is interested west of Pittsburg, and 81 loag gondolas, subleased to the Northern Cent a
way C“ ” Pa“ y un(Jiog certMoateg of s e r f« “ E ” of the Car Trust of Pennsylvania, ™P™3“ « ” S *’“ L ^ c r e T , ’ ‘ ^
cars thus furnished
$430,000, and bearing interest at six per cent per annum, were paid and canceled during
y ■
are now owned b?r
had been sublet to the Pittsburg Cincinnati & St. Louis Railway Company, and have been p
that Company.
co s t o f
..................................$ 1 0 ,8 4 3 ,3 8 0 0 0
T he 2 0 ,6 1 4 ca rs p la c e d on th e lines ea st o f P ittsb u rg , th ro u g h th e syste m o f C ar T ru sts, re p re se n t a i00811
..........................
T h e 1 2 ,9 37 ears wes o f P ittsb u rg ........................................................................................................................................................
T h e ca rs su b lea sed to aflft ia ted lin e s , v i z :—
............... $ 1 ,0 5 6 ,7 5 0 0 0
............
1 3 7 .5 0 0 0 0
2.0 3 1 ca rs N orth ern C entral R a ilw a y C o m p a n y .................................................................................................................
2 50 ca rs A lb -g h en v V a lley R a ilro a d C o m p a n y ......................................................................................................................................
1 0 0 ,0 0 0 0 0
1 52 ca rs N ew Y o r k P h ila d elp h ia & N orfolk R a ilro a d C o m p a n y ...............................................................................
..................
..
0 .4 9 9 .3 7 0 0 0
1 ,2 9 4 ,2 5 0 OO
..................................................$ 1 8 ,6 3 7 ,0 0 0 0 0
T o ta l a m ou n t o f certifica tes red eem ed to D e ce m b e r 3 1 st, 1 8 8 6 , as f o llo w s :
.........................$ 5 ,4 5 4 ,0 0 0 0 0
A m ou n t p a id in fu ll p a y m e n t o f 1 0 ,2 1 4 c a r s . . . ......................................................................................................................................
5 ,3 9 3 ,0 0 0 0 0
A m ou n t p a id o n a cco u n t o f 2 5 ,7 7 0 o a rs ....................................................................................................................................................................................
1 0,8 4 7 ,0 0 0 0 0
$ 7 ,7 9 0 .0 0 0 0 0
B a la n ce o f certifica tes ou tsta n d in g D ecem b er 3 1 st, 1 8 8 6 .......................................................
COMPARISONS WITH 1885.
E A R N IN G S A N D
EXPE N SE S O F A L L
L IN E S E A S T O F P IT T S B U R G A N D
-------------------------------------------- -— ,------------- ■
Gross E a rn in g s.
R en ta l e n d Interest
o n E qu ip m en t.
$ 5 0 ,3 7 9 ,0 7 7 0 0
4 5 ,6 1 5 ,0 3 3 55
$ 1 2 ,6 1 9 .5 9 4 61
2 9 ,4 7 9 ,7 6 4 8 4
$ 4 ,4 5 3 ,7 4 5 87
$ 4 ,7 6 4 ,0 4 3 4 5
$ 3 ,1 3 9 ,8 2 9 77
$ 3 5 9 ,0 3 2 81
T h e gross ea rn in g s p e r m ile r e c e iv e d fr o m th e M a in L in e (358 m iles) in 1 8 8 6 w e r e .
I n 188 5 w e r e ........................ ................................. ...................... ..........................*.........
S h ow in g an in crea se o f.
E xpenses.
E R IE .
Net E a rn in g s.
$ 1S j3<15 j7 3 ò .52
1 2 ,0 4 0 ,5 5 5 65
$ 1 ,2 6 5 ,1 8 0 8 7
5 9 ,6 2 5 2 7
$8,453.9.8,
314
THE CHRONICLE.
[VOL. XLTV
The following table «hows the revenue and cost per ton per mile on each Division operated by the Company T
Fb
e ig h t
.
M a in L i n t a n d
B ra n ch es.
L e n g th o f ro a d im ites).
U nited R a ilro a d s o f
Jíeto J tr s ty .
P h ila d elp h ia <t
U rie R ailroad.
éJí
East of
Pittsburg and Erie
1 ,5 6 8 -2 2
4 6 5 -9 9
2 8 7 -5 6
2 ,3 2 1 7 7
0696J000
13271000
A v era g e c o s t o t tra n sp ortin g ea ch to n o f freig h t on e m ile .............
0 52s,ooo
0423 1000
0755 000
0310,
A v e r a g e p ro fit p e r ton p e r m ile ....................................
1066 1000
0272,
02*:1000
02X8,
A v e ra g e earnings p e r to n p e r m ile fro m tra n sp orta tion o f fre ig h t
0492 000
0 * » io o o
From the above table it will appear that the average rate Der ton ner milo in is«« «« ITT ■«, . T •
. ,
•hows an increase, when compared with 1885, of 68-100 of a mill and the cost of tmnann t
. m me and ^ranches,
o i » 1 0 0 of a mill, showing an inorease of » 10» o fT m llin t h e
S
P" ^
“ todrea*
The rate received on the United Railroads of New Jersey Division shows an increase of 78.10ft of „ m,-n
moving, an increase of 9-10 of a mill, showing a decreased profit of 12-100 of a mill.
*
6 i f e °*
in c re a s ^ o fifo ^ o fa S in m S!n RaUr° ad the ear* ingB show an ^crease of 25-100 of a mill, and the cost of movement an
increase or B-iuu or a mill, making an increase in the profit of 22-100 of a mill.
an
from f ^ I ! U“ UP° n “ “
° f PittSbUrg and Erie wae an
of 38-100 of a mm per ton per mile in the net profit
_____ The following table shows the earnings and cost per passenger per mile on each of the Divisions :
P asskn geb.
M a in L i n e a n d
branches.
U nited R a ilro a d s o f
N ew Jersey.
1 ,5 6 8-2 2
A v e r a g e earnings fro m ea ch p a ssen ger per m ile
A v e r a g e co s t o f tra n sp ortin g ea ch p a ssen ger on e m ile
A v e ra g e p rofit p e r p a ssen g er p e r m ile . . . .
P h ila d elp h ia <f
E r ie R a ilroa d .
A ll L in e s E ast o f
P ittsbu rg a n d Erie
465 -9 9
2 8 7 -5 6
2 246iooo
IOWjooo*
262*4000
1797] 000
1 * 101000
2046,000
1611,000
(H ^ iooo
Oe471000
6678,000
6 603iooo
2 ,3 2 1 -7 7
J ? ' ! nu“ lber of fonB of frei« ht moved over the Main Line and branches, not including 1,443,904 tons of fuel and other
materia! for Company’s nse, was 26,420,948 tons; for the previous year, 24,047,028 tonsrThowini «m taowaw of 2 878 ^
O f S S i r J ! ?
r ? , r f'8htde.0rea8ed 78'708 t0M'
'<»al freight tacreaL 3,«3.«38 t o l ’ ’
Of the 26,420,948 tons of individual freight transported over the Main Line and branches 2 178 472 tons or 8 25 100 ™
cent, were through, and 24,242,476 tons, or 91 75-100 per cent, were local freight
’ ’
’
t0D&’ °r 8 25'100 ***
l,077,6#7toMSregate 0081 an<i °°ke 8hipmen“ am0Unted *°
a decree
tons, as against 14,281,909 tons in1885-a gain of
* * * * * 7* " 1889 am0Unted 10 8’° 48’484 barreb- a« ai“ ‘
X“ "» * *" 1885. showing
nercemn t ^ o L Ii ^ i i te ‘i r0” i:h ' ” ight e“ .ti ° u“ d decreased 8 58-100 per cent, while west-bound increased 11 49-100
pe oe t. The local freight shows an increase of 5 13-100 per cent eastward and 33 8-100 per cent westward
th<> Main Ltoe “ d braeehes shows an increase of 1,810,476, or 14 74-100 per cent
On ths United S&ilro&ds of New Jersey there was a decrease in
orr qm a
_
•
freight of 489,481 tons, making a total increwe of 401 565 tons or 4 9 100 nef ccni Th * 87,868 t0™’ *nd an mcrease in local
1,568,695 in the number carried, or 10 9 4 - l^ e r cent!
^
The pa8S6nger traffic sho™ an
of
. . °.n the Philadelphia & Erie Railroad there was an increase of through and local freight in both di'mctim.» 6 « *»,'
«.
having increased 110,072 tons, and the local 466,557 ton s-a total increase of 576 629 tons or 10 254W) ner
t Th
8
65,082 more passengers carried in 1886 than in 1885. an increase of 6 44-100 per cent.
’
100 P
** TheFe W6r6
There were built at Altoona, and your other shops east of Pittsburg and Erie for the Main Tin« o«/t
, .
ter6Thmc
'Z T Z 7 ’T T T f T CarS’ 2 bag8age
d'0«8 ,rei<-ht <=»">. and 168 cabin and maintenance of w ay'ca^“ '
_
T,her®Yt®16 US6d ° n the Mam Lme’ m construction and repairs, 19,418 tons of steel rails and 893 28ft tie« • +*,1 TT
Railroads of New Jersey, 6,183 tons of steel rails and 825,553 ties; and on the Philadelphia & Erie Railroad 9 ton *
# 4-1
rails and 188,858 ties-making a total of 27,701 tons of steel rails and 1,352,149 ties.
?
d 3,1°° ^
°f Steel
The following tables show the gross earnings, expenses and net earnings of the coal comnani«« in wW L
n
l m ’ “ COmplred Wlth 1885- and aIso the amou“ t ot °°»1 “ taed and add, and the price received f o ^ Z H t
Gross E a rn in g s.
1886.
T o t a ls ..................................................
D e c re a s e as com p a red w ith p re v io u s y e a r!
$ 7 ,4 4 3 .0 8 0 82
$ 1 ,0 0 8 ,0 6 4 03
T o ta l ton s m in ed in 188 6 , 2 ,2 7 2,88 8 -1 1.
m»
D ecrea se com p a re d w ith
*
j vi**
aj.X)VUv
E xp en ses (in clu d in g
taxes) 188 6 .
$ 7 ,5 3 3 ,9 3 3 65
$ 2 3 6 ,2 8 5 26
N et E a rn in g s.
1886.
Loss,
$ 9 0 ,8 5 2 83
$ 7 7 1 ,7 7 8 77
AO tulle.
The average price per ton at point of sale, aggregating the results of the four coal companies for 1886 was *3 1 4 19 inn
per ton, as against $8 89 32-100 in 1885-a decrease of 25 1-5 cents per ton.
companies lor i»ae, was $3 14 12-100
LINES WEST OF PITTSBURG.
F
j ^
r S
i t r ^
U
w
^
^
^
Pennsylvania Company and
1886.
..............................: :
L e a v in g n e t ea rn in g s...............
F ro m this d ed u ct—
............................................................................................................................ .......
D e n ta l, Interest an d liab ilities o f a ll kinds ch argea ble th e re to .....................
$ 17 ,1 8 3 ,5 0 9 98
10,7 03 ,6 5 9 55
$ 6 ,4 7 9 ,8 5 0 43
6 ,6 0 8,05 6 09
N et loss on P en n sy lv a n ia C om p a n y’s lines
m r a lj r b V T w £ , ,1‘ e P,TTSB™ ° A s o n n u i . - * " s i . " i i n a K a w i y - o i i K i S i ' » - » ; ; « i i S a V S i
E xp e n ses fo r sam e p e rio d w e r e ................... . * !’ ” *” ****“ *......................................................................... ..................
L e a v in g n e t ea rn in g s.............
F ro m this d e d u ct—
.............................................................................. ......................................... S e n t a l, in terest a n d liabilities o f a ll kinds ch a rg ea b le th e re to ................. .
$12 8 ,2 0 5 66
$ 6,9 27 ,3 8 5 21
4 ,8 6 7 ,0 3 7 20
$ 2,0 6 0 ,3 4 8 01
1,7 4 9,69 1 95
E e t p ro fit o n P itts b u rg C in cin n a ti & 8 t. L ou is R a ilw a y C om p a n y’s lin e s ............................... r . . . .
N e t p ro fit o n lin es w e s t o f P ittsb u rg fo r 188 6
N e t loss o n lin es w e s t o f P itts b u rg fo r 1 8 8 5 .. .V.V. .V. .V.V. .’ .......................................................................................
3 1 0 ,6 5 6 0 6
$ 1 8 2 ,4 5 0 4 0
1 ,1 1 5,54 6 38
G ain on lin es w est o f P ittsb u rg fo r 1 8 8 6 ...................
$ 1 .2 9 7 .9 9 6 78
p
Ma r c h 5,
THE CHRONICLE
1867« j_________ ___________ ______________
3 M -Ì
*====The other liDes west of Pittsburg, on account of which your Company has assumed direot obligations, or in which it ia
interested through ownership of securities, but which are operated through their own organizations, are, the Chicago
t «i7& Pittsburg Railroad, St. Louis Vandalia & Terre Haute Railroad, Grand Rapids Sc Indiana Railroad, and road a
o p e ra te d through its organization, East St. Louis & Carondelet Railway, Cincinnati & Muskingum Valley Railroad and the
Waynesburg & Washington Railroad.
________________
_______ ___________________________________
188 6 .
The aggregate gross earnings o f tliese roa d s w e r e ............... - ..................................
Expenses........................................................................................................................................
N et e a rn in g s.....................- ..................................................... ... ................................
D educt ren tal a n d in te re s t........................ .........................................................
$ 9 ,3 9 7 .9 6 8 9 4
7 ,0 4 2 ,4 7 4 81
$ 2 ,3 5 5 ,4 9 4 13
2 ,3 0 8 ,8 ^ 0 4 7
$ 4 6 ,6 7 3 6 8
2 3 ,3 3 6 8 $
1 8 2 ,4 5 0 4 0
nf°rhi’s Droflt y o u r 'C om p an y, u n d er ex is tin g co n tr a c ts , is en titled t o ...............
^ i c h , a dded t o th e p ro fit s h ow n in th e a b o v e sta tem en t.....................................
* $ 2 0 5 .7 8 7 2®
1 ,0 9 2 ,9 7 3 7&
reaves a n et profit o n a ll lines w est o f P itts b u rg fo r 1 8 8 6 .....................................
jjet iog8 o n a ll lines w es t o f P itts b u rg fo r 1 8 8 5 .........................................................
$ 1 ,2 9 8 ,7 6 0 9 ®
S how ing a g a in fo r 1886, as co m p a re d w ith 1 8 8 5 , o f ................................
payment o f a d va n ces h ere to fo re m a d e b y P en n sy lv a n ia C om p a n y.
These lines, comprising your western system, show an improvement over the preceding year, there being a net profit o f
{205 787 23, against a loss, in 1885, of $1,092,973 73. The freight traffic shows an increase of 5,661,084 tons, and the passenger
travel an increase of 876,406 in the number carried. The condition of the properties was fully maintained, and your facili ietr
for handling traffic were increased by the purchase of real estate and additional equipment, and by expenditures upon double
sidings, freight yards and stations at various points.
„
,
. ^
There have been redeemed through the sinking fund $1,023,000 of the issue of $3,200,000 of the Pennsylvania Com
pany's s ix per cent bonds, secured by Pittsburg Fort Wayne & Chicago Railway Company stock as collateral, leaving the
track,
amount outstanding $2,177,000. As no purchases could be made, under the terms of the sinking fund, of the issue o f it®
four and a half per cent bonds, the amount outstanding is $18,217,000, the same as last year.
#
.
The report made by the trustees of the sinking funds of the first and second mortgages of the Pittsburg Fort Wayne «
C h i c a g o R a i l w a y Company shows that the regular annual contribution of $104,100 was paid to the trustees of these mort
gages. They redeemed during the year $25,000 of the first mortgage and $59,500 of the second mortgage bonds, making tha
total amount redeemed to December 81st, 1886:
First m ortga ge b o n d s ..................................................................................................................................................................................................
Second m ortga ge b o n d s .................................................................................................................................................................................................
.................$ 1 ,6 3 3 ,5 0 0 0 0
1 ,9 4 9 ,5 0 0 0 ®
With a balance of cash in the hands of the trustees, uninvested, December 31st, 1886 :
On account o f first m ortg a g e sin k in g fu n d ....................................................................................................................................................................
On acoount o f se co n d m ortga ge sin k in g fu n d ............................................................................................................................................................
..........
...
$ 4 9 5 ,4 1 0 83!
3 2 8 ,3 5 6 7 4
The further sum of $129,524 83 was also added to the sinking funds provided for the redemption of the existing m ort
gages of the Cleveland & Pittsburg Railroad Company, in addition to the amounts contributed directly to other sinking funda
1)7 ^ T h e 1Grand °Lipids & Indiana Railroad Company shows favorable results, having been more than able to me« t t h o
interest on its entire bonded debt and losses on leased lines. The land departmentmade salesof
and 3,321 acres of pine lands for $268,199 84, being an average of $9 20 per acre. The amount " U t o t t a d o w o fth e y e
after deducting canceled contracts, was 442,604 acres, and the aggregate price received therefor ^ a s $ 5,265 475 * £ ™ * j * £
of $11 90 per acre. No bonds could be purchased by the trustees during the year out of the proceeds of such land 8a“ 8’ “ “
there are Jmw outstanding $3,934,000 of the guaranteed and $505,000 of the unguaranteed first mortgage land-grant bonds o f
the co“ Pa^ * ets ^ hand December 31> 1886> applicable to the redemption of the first mortgage land-grant bonds were^ ^
Cask In th e hands o f th e tru stees....................................
Cash in th e han d s o f ca sh ier............. ..............................
Bills and a ccou n ts rece iv a b le in han d s o f ca sh ier. . .
.............................................. •............................................................................................. " j
.................................................................................................................................... ..........
^
* 33^08*5 1 «
3 2 6 ,4 1 2 1®
.................................................$ 1 ,2 0 6 ,1 5 3 2 2
T o ta l.
The amount expended during the year on capital account on the lines west of Pittsburg was $1,109,697 51.
There^ere^a^on the northwestern lines operated directly in your interest 5,639 tons and on the southwestern line *
8,6o 6
tons aggregate amount of steel rails laid in 1886 on all lines owned, controlled or operated by your Company east and
west of Pittsburg was 56,037 tons.
SUMMARY OF LINES OWNED OR CONTROLLED EAST AND WEST OF PITTSBURG.
$ 1 0 1 ,6 9 7 ,9 8 0 ,7 »
6 7 ,1 0 2 ,7 1 4 5 9
Gross earnings fro m tra ffic. . . . . . . . . . . . . — - •v •* •*
Gross exp en ses, ex c lu d in g ren tals, in terest, d iv id en d s, & o .. .
$ 3 4 ,5 9 5 ,2 6 6 1 9
S how ing n e t earoiD gs—
F R E IG H T T R A F F IC .
1886.
N u m b er o f Tons.
Lines w est o f P it 's b u r g ............................................................................................................
N u m b er o f T on *
One M ile.
6 4 ,4 7 1 ,9 5 0
3 2 ,2 9 7 ,4 3 1
5 ,6 9 1 ,2 1 6 ,7 0 7 .
2 ,9 9 9 ,6 2 7 ,7 8 1
9 6 ,7 6 9 ,3 8 1
8 ,6 9 0 ,8 4 4 ,4 8 8
P A S S E N G E R T R A F F IC .
1886.
N u m b er o f
P a ssen gers.
4 8 ,1 1 5 ,2 9 8
1 2 ,3 5 0 ,9 4 0
6 0 ,4 6 6 ,2 3 8
N um ber o f P a s
sen gers One Mile-i.
3 2 6 ,7 9 3 ,1 9 0
1 ,2 2 9 ,2 2 5 ,6 4 5 .
316
THE CHRONICLE.
[V
ol.
2 U \ ,
GENERAL REMARES.
appropriat*d to the Managers of the Trust created October 9th, 1878 for the rear 188« .a
»69,895 58, being one per centum of the net income of the Company, before payment of « 7 , 1 , „ V
' ***> the »“ m of
be seen b jtierep ort of the Managers of that Trust that there has L n paid? to December
tb ?«
11 "U1
“ ha“ come therefrom, has been invested in securities amounting a p £ t o ¿ 1 3 5 ^ 0 Ï Z
f
8 88-100 percent upon the investment.
5
y 60 fo ,lâio,lou, yielding an interest of
. ? he 8fcalement of the insurance fund shows assets on hand, at the end of the rear of *1 fun qv>aq k •
over the previous year of $352,301 78.
ine year> of **»6*0,353 03, being an increase
lines, as weS J
a
n
in the previous year, and through the additional facilities thus f u r L h o / ^
“ y
d
leased
been continued to about the same extent as
* — P - « » U n» been prevented,
terminal points,
amount in the aggregate to »2,476,085 12.
P
* ’
g 1
d fl
" 0t
— estais«
t g equipment. These sums, it will be seen,
The eapendituree upon the branch'and auxiliary lines were mainly as follows :
for the eatonBr Co mb ? a X ? y; n ° t o Î ‘
p f S £
.Wings; on the Western
adapting this line to the cheap movement of hpaw
u
Mountains. The e x i> e n X î£ ™ î
^
^
n
enabled it to yield t o return“ on t t c a p T j L v r l d t h ^ fn
•
“ * ‘ idtags > » » ‘ »e Tyrone * Ciearfleld Railway
°'
and a d d i t i f
alignment and grades, in pursuance of the policy of
t
P01“ * weal of Pittsburg and the Allegheny
* ^ e° ° 00mie‘ ° ' ‘ “ “ P” * * « “ »a this road, b u fh .£
extended t o . S ^ h “
^
^
^
^
«
n 7w B m t o ' T ^ f '
“ "*«■ ^
™
fortraffle to that point on the 15th of Novemter but?™ l l t n , ! . , ' ^
n° rth ° f Potterille, and was opened
the coal traffic of the region J
w
S
ï . but too late to secure for this hue, during the past season, any portion of
which it undertook to construct the line from New Boston to ft60 was madp *™tb tbe Dohigh Valley Railroad Company, by
at Tomhicken, a distan«Z t w e n t ^ l x I t o and uudm w S " . ? “ *
T
HaZ'eton * Wilkeabarrs Rad^ay
s a t i s f a c t o r y trackage faculties oyer that link, and avoida
Z S tZ Z Z
to t h e f o ^ h T ^ t ^ ^ r ^ i ^ w
the Lehigh VaUey M t o M C o m p Z '
n i “ •beiDg CT tmCted ft0m the S“ nbury
* Wilkesbarre Railroad
!“
f * 0 *1™ *°™ *** P " " « * Wdionted with
W°kMbatrree.SOhUilkU1 “ 4 Lehigh 00al " ’‘P0“ ’’ * ° the “ ‘ ^ o i t e eoal interests in t o S u ^ eta n n à V t o y \ 7 i ‘ t 7 t o tom of
northtote^portffin of^^mty^o^^tol^e^phi^a ditecrr^rcon^ectffin^U^your^inM8 “ *
“
* «»
—
dersey
Pkdnion
to
Bailway Company arranged'for t o conetmction of the
pott road..thus giving to 'Z Z g Z X & g S Z ' X
Piedmont from which it ie hoped a conaiderable coal and miscellaneous tonnage w5i C e l r e d
“ *
T ^
V i thA p u rp 0 8 e o f removin8 the dangers attendant upon the numerous street crossings of vm,r
.
..
Jersey Q ty terminus, your Company have indicated to t o authorities of t h a t c i t j t h e T 3 n J „ L ? 7 , l „ appr0achug l.te
sionbe given, to elevate their tracks at that Doint This will in™!™ „ i 7
wuungness, if the necessary permis$1,000,000. in remodelling your present passenireîr tracks 1
*1® '».J“ « 6
probably aggregating over
together with the safety secured to yourCompany in t o movement of 'trains! wUl w a r r a n t é o u tta v ^ to “
X S ' t o l S C X “ the 10011
Sh°W“ “
““ » aU«» “" “
°“ 3'’
ft s ïZ Z ïïZ s
The Employes’ Relief Fund, the establishment of which was adverted to in the last annual » » m u .
^eration during t o greater part of t o past year. It will be noted that, in add.tion to p w t o g S ' o s l , ^
.
‘T
t o n t l n X S f o y t r » ^ a S 67
w R h ^ '6H “ ■* r m° tine ^
t^ Z ^ n a l
of this sum there was ¡ Z Z
" T ' ^
^
° “‘
»58,526 60, a total of »151,147 87, leaving a balança nf gin» n r im mk ^ » W , ,631 27, and for sickness and aocidents,
fund December 81st, 1886 was I 9 ^
T h L ^ Z lr ! J
« . T ^ number of employes who were members of the
ment of this department ; and t o confidence felt in its work'6 ? 0 , ave accrued to t o employes by the establish,
members of t o fund
“ “ “ “ * “ ,ta work,nga M md,cated bi ‘ he number of employes who have become
u n u m te
b y ‘ he T ' “1 <^overnment, which has been under discumion for
that traffic. Your
^he
°' “ * *
*h° 4th of Fabraa^ - iOT ‘ ba e l a t i o n of
interests of the public, would afford to the railwavs fh«
f°
prope^
. upon 41118 subject which, while guarding the
business. As this l a w a l ^ h ^
they are jU8tly enfcifcled in the cond^ 4 of their
of securing uniform rates to shinn«rs ami pooll° g' WJ 1CJ th®railroad companies had generally adopted for the purpose
methods fm condu^ing^through^transporiatio^lt^s^ffîcuuT10^ ^ C°
?
&nd M ifc in
-P e c t e e n f o r l new
or the general interests of the countrvP°Yonr^naria
to anticipate what its effects may be, either upon the raUways
of your system.
7*
^ managemeDt wdl * n e « y observe its provisions so far as they affect the traffic
Frailey, AssfstanÆeMurOT70^ ^ ! ^
î f c ^ r ? 1088 ^ th6 death ° f J° hn D* Ta^Ior>Treasurer, and William H.
service of the Company in July 1874 and
^ t-8 hfQ 0nAthf. ^ n ty -fifth day of September, 1886. He entered the
a long experience in business and was aninmJrf i f ^ Treas.ur®^ Aprd 10th’ 1878‘ He ™ peculiarly fitted for his position by
In his death the Company has lost a faithful and efficient officer°U8
t0 discharge his dutiea t0 the utmost of his ability
^
° The B .rrfsc'Îni!6 ! V h6
will bÎfouId to t h e r e ' J t o S t t o ' s ^ ¿ S « “
aPI>om«d iu his place,
have discharged t o duties S r u s t e f t o t o u r d u rin g ^ S e ^ 'y e a r?07 W‘ th Wh'° h tie of&™ * and employes of t o Company
By order of the Board,
G. B. ROBERTS, President.
Ma r c h
817
THE CHRONICLE.
5, 188T. I
%<xt ©ottttnmiaX finies.
C
O
T
T
O
N
.
P. Mm Mar. 4, 1887.
as indicated by our telegram s
from the South to-night, is given below. For the week ending
COMMERCIAL EPITOME.
this evening (Mar. 4), the total receipts have reached 79,951
Friday Night, March 4,1887.
bales, against 95,013 bales last week, 88,582 bales the previous
A snowstorm of such violence as to delay railroad trains in week and 108,257 bales three weeks since ; making the total
receipts since the 1st of September, 1886,4,856,185 bales,against
northern latitudes occurred early in the week, and of course 4
607,302 bales for the same period of 1885-86. showing an inimpeded regular trade. Speculative circles have'been gen crease since September 1, 1886, of 248,883 bales.
erally under the control of legitimate influences arising
F ri.
Total.
Wed. Thurs.
Tues.
M on .
Sat.
R eceip ts at—
from prospective supply and demand, but a “ corner” in pork
5 ,2 5 8
528
8
03
751
1,071
1 ,1 7 7
9 17
at Chicago is an exceptional incident which for a time threat G a lv e s to n ..........
....
....
....
—
—
——
In d ia n o ia , A o.
ened notable complications. The Forty-ninth Congress came
5 ,8 1 5 3 5 ,8 1 6
5,6 5 8
1.9 7 4
7 ,881
4 ,1 6 9 1 0 ,3 *9
N ew O r le a n s ...
to an end to-day. The Canada Retaliation Fishery bill became M
2
,1
28
8
63
4
14
2
1
4
2 20
3 97
20
o b ile .................
270
270
a law with the amendments adopted by the House stricken F lo rid a ...............
....
....
....
....
8 ,8 1 2
909
8 91
out, leaving action optional with the President. The General S a v a n n a h ........... 1 ,2 2 4 1,538 1,538 2 ,7 1 2
70
75
....
....
....
.........
....
B ru n sw ’ k , A c.
Deficiency bill, the Fortifications bill and the River and Har
7 ,1 5 1
1,5 3 3
920
1,718
1 ,0 9 0
6 20
bor bill were not passed in time to receive the President’s sig C h a rle s to n ........ 1,2 7 0
1 73
173
....
....
....
....
••••
P t R o y a l, A c .
nature, but there is no probability that an extra session will be
788
70
94
146
2 01
105
1 82
called on that account.
. .
. . ,,
.. W ilm in g to n . . . .
'5
5
....
....
....
....
••••
M oreh ’d C .A c .
The following is a statement of the stocks of leading arti1887.
M a rch 1.
2 1 ,2 0 5
Pork.
..•■ .b b ls.
4 38
Beef. ".*.’. .......................tea. an d bbls.
4 4 ,7 2 2
Lard.. . . . . . . . . . . . . . . . . . . . . . . . . . .tos.
3
4
,9
38
Tobacco, d o m e s t ic .................... hh ds.
5 0,3 04
Tobacco, fo r e ig n ........................bales.
3
0
5
,2
62
Coflee, R io ..................................... b ag s.
5 5,1 82
Coffee, o t h e r ...............................b a g s
109
,40
1
Coffee, J a v a , & o..........................m ats
8,5 4 5
Bugar............. - ...................
-kk<l8
N
one.
gugar.................b o x e s an d baskets.
Bugar..................................... h a g s .& c . 1 .7 5 9,25 1
N one.
Melado........................................... hhds.
2 64
Molasses, f o r e ig n ........................hhds.
2 ,0 0 0
Molasses, d o m e stic ......................b b ls
Hides............................................. •••«©• . 3 5 3 ,6 0 0
2 4 4 ,2 7 0
Cotton............................................ bales,
2 4,6 13
R o s i n - .................................... . . . . . . . . . . ODlfl.
2 ,0 6 4
Spirits t u r p e n t in e ......................h b ls
1,092
Tar
7 ,4 8 0
Rice, E. I ....................................... hags
7 ,6 0 0
Bloe, d om estio ............................ p a g s
N one.
iánseed...............................- ......... p a gs
13,0 00
Baltpetre......................................
2
2 ,5 0 0
Jute b u t t s ................................... bales,
1 7,9 26
Manila h e m p ............................... b ales
7
,2 3 3
Sisal h e m p ....................................bales
1887.
Feb. 1.
2 7 ,1 1 6
73
3 9 ,4 99
3 7,5 43
4 8,9 85
2 2 4 ,1 0 7
3 6 ,4 4 3
1 3 5 ,14 4
9 ,5 9 2
3 ,9 3 5
1 ,8 5 9 ,9 7 6
N one.
571
5 ,0 0 0
3 5 5 ,4 0 0
2 46 ,85 5
1 6 ,3 88
2,4 4 5
9 08
8 ,4 4 0
7 ,0 0 0
N one.
1 2 ,7 5 0
2 5 ,0 0 0
1 6 ,9 26
8 ,959
1886.
M arch 1.
2 4,5 29
401
5 5,4 66
29,9 33
5 1 ,8 57
2 1 9 ,1 3 7
8 6,7 79
6 8 ,2 0 0
16,358
N one.
7 7 5 ,9^ 0
100
1 40
5,<H)0
2 7 6 ,0 0 0
288,651
2 7,9 76
1,147
1,837
4 ,0 0 0
4 ,7 5 0
15,0 00
1 2 ,8 5 0
4 3 ,1 0 0
2 2 ,9 35
22,2 82
F r id a y ,
T h e M o v e m e n t o f t h e Cr o p ,
N o rfo lk ...............
W est P o in t, A c
N ew Y o r k .........
B o sto n ................
B a ltim o r e ..........
P h ila d elp ’ a, A o.
o ta ls th is w e e k
1 ,3 6 7
2,5 1 7
358
6 94
50
166
7 ,9 9 0
4 .4 0 1
1 ,0 0 3
4 ,4 4 3
50
1 ,5 5 3
9 ,8 9 0 1 8,6 27 114,0 84 10,0 07 1 1 1 ,9 30 1 5,413
7 9 ,9 5 1
1 ,6 7 5
851
2
776
785
175
16
1,0 2 7
1,5 0 4
198
264
4 17
1 ,9 7 7
4 46
3 63
300
....
. .. .
....
....
....
80
1 ,0 6 0
80
109
68
662
2 14
1 ,2 2 9
¥ or comparison,we give tne ionowm^ muw ouuw
»
total receipts, the total since Sept. 1» 1886, and the stock to-night,
and the same items for the corresponding periods of last year.
1 886-87.
R eceip ts to
M a r. 4.
G a lv e s t o n ..
In d ’n o la .A o
N ew O rleans.
M ob ile............
F lo r id a . . . . . .
S a v a n n a h . ..
B r’ s w ’k, A o
C harleston ..
P t.R o y a l.& o
W ilm ington .
M’h ea d C.,<fcc
N o rfo lk ..........
W .P oin t, A o.
N ew Y o r k . . .
B o s t o n ..........
B a ltim o r e . . .
P k lla d e l’a.& o
This S in ce Sep.
W eek. 1 ,1 8 8 6 .
4 ,7 4 6
306
2 ,837
1 29
6,8 1 1
4 ,6 8 3
429
2 ,8 0 2
5 69
2,2 8 1
6 3 7 ,4 1 9
781
1 ,5 3 4 ,5 0 1
2 2 7 ,2 1 2
4 3 ,1 2 1
7 0 8 ,6 6 9
1 4 ,5 3 0
4 33 ,10 5
11,328
9 1,6 01
5,3 0 5
4 6 8 ,8 4 7
2 3 1 ,6 0 4
4 9 ,0 2 3
7 6,7 77
3 7 ,7 0 8
30,7 74
1885.
1 88 4 .
679 ,57 1
4 ,5 4 2
3 5 ,8 46 1 ,5 6 8 ,5 0 7
2 0 3 ,7 6 4
2,128
2 2,4 78
270
8 ,812 7 63 ,57 1
2 5 ,8 1 9
75
377 ,39 7
7,151
1 6 ,3 04
1 73
1 3 1 ,3 7 5
7 98
3 ,7 1 6
5
5 0 5 ,8 2 5
7,9 9 0
3 0 6 ,1 8 2
4 ,4 0 1
7 8,5 42
1,0 0 3
8 2,9 31
4 ,4 4 3
5 7,735
50
32,3 78
1 ,5 5 3
2 7 ,5 0 6
1 ,1 6 6
37
9 ,2 9 9
5 ,2 5 3
Stock.
1 88 5 -8 6.
This S in c e S tp.
W eek. 1 ,1 8 8 5 .
188 7 .
1886.
4 8,5 42
6 6 ,7 2 6
3 30 ,37 7
18,7 92
5 8,4 22
3 5 9 ,8 9 0
4 7 ,6 1 0
4
6 8 ,4 9 2
2 1 ,9 8 2
3 99
4 ,2 5 0
5 8 ,5 7 8
37
7 ,8 € 0
The speculation in lard futures was at unsettled prices unti
3 9,9 98
19,2 12
yesterday, when an active movement for the rise set in, at*
3 ,1 5 4
tributed to the cheapness of the staple, as compared with
2 9 2 ,1 8 9
2 4 5 ,2 5 7
prices of swine and of other “ hog” products. To:day there
6 ,8 1 0
9 ,0 0 0
was a further and important advance with excited deal
3 0 ,0 9 3
17,1 28
ings in May options. Lard on the spot has been rather
1 8 ,1 9 0
2 1 ,9 0 4
slow of sale, but to-day, in sympathy with speculative values,
prices were decidedly higher, but nearly nominal at about T o ta l........
7 9 7 ,4 1 9 9 8 5 ,9 1 7
79,951 4,8 5 6,13 5 6 3 .2 2 3 4 ,6 0 7 ,3 0 2
7'50c. for prime Western and 7’75c. for refined for the Conti
In order that comparison may be made with other years, we
nent.
give below the totals at leading ports for six seasons.
DAILY CLOSING PRICES OP LARD FUTURES.
S a turd'y.
March d e liv ’y . . 7 ’ 25
April
“
. . 7*30
May
“
— 7 '3 6
June
“
. . 7 '4 3
July
“
. . 7 ’50
M on d ’y.
7*28
7-32
7-39
7 -46
7*53
Tuesd’y.
7-19
726
7-33
7 -39
7 -46
W edns,y. T h ursd 'y. F rid a y
7 ’60
7 -31
7-19
7 -63
7*38
7 -25
7*45
7-70
7 -32
7-75
7-52
7*38
7*80
2-58
7*45
Pork is unsettled by the Western speculation and closes
nominal. Cut meats in better demand with large sales at
7%c. for pickled bellies. Tallow dull at 4c. Cheese is in -
R eceipts at—
G a lvest’ n.Ao.
N ew O rleans.
M o b ile ............
S av a n n a h . . .
C harl’st’n, A o
W ilm ’g t ’n , A c
188 7 .
5 ,2 5 3
3 5 ,8 4 6
2,1 2 8
8,8 1 2
7 ,3 2 4
803
7 ,9 9 0
4,401
7 ,3 9 4
1886.
4 ,5 4 2
2 7 ,5 0 6
1,1 6 6
9,2 9 9
5,0 5 2
3 ,0 1 6
6,8 4 1
4 ,6 8 3
6 ,1 1 8
3,5 3 3
17,001
1 ,8 7 6
5 ,4 9 4
4,5 0 9
7 29
10,2 31
1,967
11,5 21
9,3 9 3
2 1 ,1 64
3,0 0 4
4 ,7 7 2
3 ,5 7 6
7 63
5 ,8 1 3
4,287
12,948
1883.
1 9,807
4 0 ,4 5 8
5 ,1 4 6
9 ,5 2 4
9,9 8 9
2,261
1 8 ,3 26
6,441
12,874
188 2 .
4 ,6 4 4
1 4,3 07
3 ,8 3 0
8 ,6 0 3
7 ,0 4 8
1,7 4 9
1 0 ,0 5 6
1,183
7 ,3 2 7
^The coffee market wai somewhat depressed early in the W. P o in t, A o.
week, but has latterly been gaining strength and to-day was A ll oth e rs . . .
active and buoyant. Fair cargoes of Rio on the spot are T o t. th is w ’ k. 7 9 ,9 5 1 6 3 ,2 23 5 6,8 66 6 8 ,7 2 0 1 2 4 .8 2 6 5 8 ,7 4 7
quoted at 1434c. and futures closed with sellers at 12’70c. for
the early and 12>75@12,80c. for the late deliveries, with a bet Since S ept. 1 . 4 8 5 6 ,1 8 5 4 6 0 7 ,3 0 2 4 44 6 ,9 0 0 4 4 2 2 ,3 2 4 5 0 2 6 ,5 4 0 4 1 1 7 ,2 3 5
G a lv e sto n Inclu des I n d ia n o ia ; C h a rleston in clu d e s P ° r t R o y a l, Ac.
ter demand for mild grades on the spot. Raw sugars were
dull and weak, but yesterday and to-day were active and W ilm ington in clu d e s MorGh’ d Gity»*feo.i W e st P o in t in clu d e s C ity PomXa&o
The exports for the week ending this evening reach a total
firm; fair refining Cuba quoted at
9-16c«, and Centrifugal at 534c. for 96 deg. test. Manila selling largely at of 126,363 bales, of which 62,645 were to Great Britain, 7,50ft
to
France and 56,209 to the rest of the Continent. Below are
3 15-16@434c. Molasses has declined, leading to a full busi
ness at 18@ 1834c. for 50 deg. test.
Kentucky tobacco has been quiet and prices remain nomFrom Sept. 1.1880, to Mar. 4, 138
Week Endino Mar. 4.
inally unchanged. Seed leaf has met with a fair demand
Exported to—_________
Exported to—
and sales are 1,650 cases as follows; 650 cases 1881 to 1884
Exports
Conti-Conti Total Great
Great
crops, Pennsylvania seed, ll@lB34°*i 250 cases 1885 crop,
Total.
from —
Brlt’n. F rance nent. Week. Britain. ^ rance nent.
Pennsylvania seed, 1234@18o.; 250 cases 1885 crop, Pennsyl
03,469
361,610
0.G89 337,785 30,352
4,108
vania Havana seed, 9@24c.; 200 cases^ 1885 crop, State G alveston....... 1,921
301,91» 270,550 1,145.598
Havana, private terms; 150 cases 1885 crop, Wisconsin New Orleans.. 15,177 6,259 27,191 48,027 567,123
35.182.
35,183
Havana, 634@834c., and 150 cases 1884-85 crop3. Little Dutch, M obile.............
9@13c.; also 500 bales Havana, 60c.@$l 05, and 200 biles Florida............
10,835 10,855 327,331 18,018 201,485 447,464
Savannah......
Sumatra, $1 10(g) $ 140.
_
,m
87,423 42,144 121,007 253,034
1,723
1,725
•,
Spirits turpentine has been active and closes firm at 3834@ Charleston
9,490 108,278
80,823 7,930
W ilm ington...
8,900 808,877
38%c. Rosins also were more active, especially in low medium Norfolk........... 18,154
100 18,234 304.977
8,400 102.916
92,300, 2,150
grades, at $1 25@$1 50 per bbl. Crude petroleum certificates
7,647
7,047
have been unsettled and close dull at 6 3%@ 63c. Metals were New York.
7,490 23,372 336.959 30,875 101,907 535,741
1,250
14.632
1,345 100,908
99,017
2,753
dull, but to-day the speculation in Straits tin became active Boston.. ..
2,733 -----24.449 112,875
7.785
80,641
5.080
4,030
400 . . . . . .
at 22 70@ 22 75c. for April and May.
Baltim ore.
87,019
2,724
34,295
1,981
1,1-01
Ocean freights have shown much activity in grain ship Phlladelp’a
3,550,157
ments to Great Britain, with a fair business to Germany and
7,509 ! 50,209 120.3C3 2.194,520 447,833; 807,798
02,045
T o ta l.......
the Baltic, but the business to the Mediterranean was quiet.
1 48,073
873 32,542 82,094
Petroleum charters were rather slow.
ms
THE CHRONICLE.
[ y OL. X L IV ,
In addition to-above exports, our telegrams to-night also give
Os the following amounts of cotton on shipboard, not cleared,
•t the ports named. We add similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale
ft Lambert, 24 Beaver Street.
On Shipboard, not cleared—for
Mar. 4,
at—
Great
Other Coast
Britain. France, Foreign wise.
Few Orleans___
Mobile..............
Charleston . . . .
Savannah. . . . .
Galveston........
Norfolk . . . . . . .
New Y o r k ... . .
Other p orts....,
7 ,4 7 2
N one.
7 00
N one.
N one.
N one.
N one.
N on e.
2 8 ,3 6 5
6 ,6 0 0
2 ,2 0 0
2 ,6 0 0
10,5 32
8 ,0 0 0
4 .0 0 0
8 .0 0 0
8 2,2 28
N one.
6 ,0 0 0
1 8 ,8 00
1 ,3 8 9
N one.
7 ,0 5 0
1 ,OCO
6 .5 7 2
N one.
800
1 ,2 0 0
3 ,6 4 6
500
N one.
N on e.
Leaving
Stock.
Total.
7 4 ,6 3 7
6 ,6 0 0
9 ,7 0 0
2 2 ,6 0 0
1 5 ,5 6 7
8 ,6 0 0
1 1 ,0 5 0
9 ,0 0 0
2 55 ,74 0
1 2,1 92
1 2 ,2 8 2
3 5 .8 2 2
3 2 ,9 7 5
9 ,7 1 2
2 8 4 ,2 0 7
4 6,835
Total 1887___
7 0 ,2 9 7
8 ,1 7 2
6 6 ,4 6 7
1 2,7 18
1 57 ,65 4
6 3 9 ,7 6 5
Total 1 8 8 6 .......
Total 1 8 8 5 .......
6 9 ,6 8 0
5 9 ,0 7 6
15,5 85
1 2,7 19
5 8,0 02
2 2 ,7 6 7
9 ,8 6 2
11,8 07
1 53 ,12 9
1 06 ,35 9
8 32 .78 8
6 6 3 ,2 9 0
tte
te
The speculation in cotton for future delivery at this market
coco 5 coco 5 coco 5 COCO 5 COCO
0 9 ** ©w
® ite*. 2
OI
lias been exceptionally variable for the week under review. CO
ite
ite© h
si «ite©ite ®
cow
** ite©.
des; I 9 » ; I o h ; Id.»: i s£
Neither party—the bulls nor the bears—could develop any
CO
COCO© CO COCOC CO COCOQ CO COCOq CO CCCOÖCO COCOÔ CO
point upon which to act with confidence. The comparatively
ò à ® ó i (iá ® w
> fliji°
ite
13
00
P
IC
O
M 00« « 00« « © « os 0000 os
full receipts at the ports were met by a smaller interior move'
>
©©
5
ϩ
5
©©
Ç
COCO 5
to c o
5
coco
ment and a rapid reduction of Southern stocks, while the gen
© di
®
ad®
0 ,®
®
CHCH ®
« © 1 3 Tl
© Ite
•*
© »M ^
13 M
*
© ite
O 'W h 11
oral acceptance of maximum crop estimates was met by
1
O
*
“
;
1 « J te ;
1 s ite ;
1 Q P :
1 0 .® :
I # 5 :
lb
indications of an active trade and large consumption. The
CD CD O CD © © © © CD CD O CD c o © © ©
CD C O O CD
# « 0 «
© œ © c3i ® © © ®
© »® »
© © o©
CHCH® CH
improvement on Tuesday was due to heavy purchases by a
GO 00
CO H H
CD 05 CH CH 05 05
05
CO 05
CO 0505
CH
^
^
leading German house. Wednesday an early decline under
fe
COCO 5 COCO ¡5 coco ¡J eoo ¡J coco
coco
Ó ® 0505 ® ojcd ® cr.05 ® cbÒ5 ® ao5 ®
warlike rumors from Russia was fully recovered on the
05C0m ^
^
HH
** ItetO ** te
I Ö) co:
I Ö05!
I $ co;
I d co.
reduced crop movement. Yesterday there was a buoyant CO CC<J I
I « ®«q; I <a(*
■
w
è
•
¿o?
cocoreo cocoreo cocoreo co co o co co co o co co co o co ¡ •
market in sympathy with the marked improvement at the
ò) 0505^05 osca®à
I
<J
CO O O CO CHCH ^ CH05 CH to ÇH IO 005 CH1
South and in foreign markets. To-day there was a further
it
e
coco
coco
COCO 5 CO© .
ceco 5 coco
-advance, mostly in the last hour, as reports of the interior
! ob«) ® «4«) c « « ® «-i < « «
® s|« ® i
rn»u feODM** 0005»-»*
05© *1 OSCO •
O © ** coro •* I
movement and stocks were posted; the close was firm at near
9 9 * ,;
j q co : I
Ss* ! I d.M.
I düh
I qw;
i ©os;
the best prices of the day. Cotton on the spot was very dull 25 « Ï
Qs
O I
. CD q CO CDCO©CO
co©co » © © ©
'
*
)0
»)
*j<jOvj
ob
00
®
ob
«
«
*
«
©
«
«
«
©
«
until yesterday, when there was an advance of l-16c. To-day
CH10 to coco
co io te ite co
M
co 1
fe
the market was firm at 9%c. for middling uplands.
coco % coco ; coco ¡J ® 1 < coco
ϩ S' 1
cóob ® ob ob o 00«) ®
The total sales for forward delivery for the week are 266,900
•)«) ® © « ®
to05 ** 0500 ► O CD N s
8 <100 N I-1© ** 1
g
I 9 00
1 Oio;
¿bales. For immediate delivery the total sales foot up this week
I
1 d w;
1
1 ®5°;
__
<o_ WOCQ
0) t
O
C
O
oO
C
» w —'
wvow C
VO W
DO©©©
O V W
QOO
wCO W
wCOI1
COC
COw
COO
11,407 bales, including 260 for export, 1,147 for consumption, © j §
cò© òò
ce òb©ob oboe ©ob ob ab © ob « o b ® « odqc>®<¿|
CO ©
« «
Ol MO © HH M 0013 © (OK) M l
-----for speculation and — in transit. Of the above, — bales
CO© 5 ©CO
© » te coco 5te ©© te CO© £
Were to arrive. The following are the official quotations for
©©
® ©ob
ab© ® ODO) ® CDCD ® CDCD 2
«
M
©CO
© Ol
**
1500 *■* © © **
each day of the past week.
Feb. 26 to
Mar. 4.
UPLANDS.
NEW ORLEANS.
S a t. IMon T u e « S at.
IS o n T u e * S a t.
M on T ues
Ordln’y.wib 613ie 613le
7
7
7
7
Sh
i!16 77.6 77.6 77.6 77,8
Strict Ord.. 714
7h
7
Good Ord.. §®va 83,e 88ie 83s
8%
8*6
8%
fltr. G’d Ord ß 0»
8«8
813.6 813.6 81310 813.6
8«s
Low Mldd’g 5 l u
9*4
9h
9h
She 9 he
9h
Str.L’w Mia 930
930
9%
99.6 s 0ie 99.6 99.6
Middling... 9®i8 99,6 »h e
9*
9%
9%
9%
Good Mid.. 9l8lfl 91816 91S,e 10
10
10
10
Btr.G’dMid lOMe 10he lOhe IOI4 lOTi I0 h 10h
Mldd’g Fair 107ie
107,6 100s 10% 10% 10%
Fair............ lUlfi Î Î Î 16 U h e l i h
Uh
Ìih
Uh
W ed
Th.
F r i. W ed
Ordin y. wA> 6is18 67e
7he
Strict Ord.. 7*4
Good Ord.. 8»ie 8h
Str. G’d Ord 8°s
8 ‘ he
Low Mldd’g »he 9^6
Str.L’wMid 93s
97,6
Middling... 9» i 6 90s
Good Mid., 9}S16 97b
« tr . G’d Mid lOha 101«
Mldd’g Fair 10718 101«
Fair............ l l h s llie
678
VBie
8h
8ihe
9^8
97,6
98s
97b
lOie
101*
111«
7
7
77.6 77.6
8%
8%
813.6 818.6
9h
9h
99.6 9»16
9%
9%
10
10
10h 10h
10% 10%
Uh
Uh
F r i . W e d T h . F r i.
Th.
7
7he
77,6 7 h
830
87te
81316 87b
9h
S«ifl
9»16 9%
918,6
9\
10
101,6
1014 10Blfi
10»8 1011,6
lih
11B16
9<i:
I 9 m:
© © o © co co o co
©©©© © © ©©
0000 an 15CO ©
TEXAS.
71.6
7h
87.6
87S
96.6
9%
913.6
101,6
10B, e
1011,6
H B16
7
i ?
77,6 l 7%
8%
87,6
813le 8%
9h
85ie
99,e 9%
9%
518i«
10
10he
10h 108,6
10% 1011,6
Uh
118,6
STAINED.
S a t.
n o n Tues W ed
Good Ordinary.....................$ lb.
Strict Good Ordinary...................
Low Middling................................
Middling.........................................
60s
7B18
8i0
9
6%
6%
7b16 .78,6
8%
8%
9
9
6%
8%
9
COCO
«©
M©
I 9.M;
««®©
COO 00
>
COCp 5
9k O
5
7he
7%
87.6
87„
98.6
9%
913.6
10he
108,6
1011,6
118,6
Th.
F r i.
611,6
7%
7%
88,6 83,6
1 9he
91,0
I9p;
®
**
i9
:
co.es.
co© co
I9
cd i
I9«.
I4 «:
CO
CO
©©©©
©©o©
obob®ob
CO« ite
:
I9
:
i^if^
05 CH
®
^
MO
®
*
CDCD
5
ul tfk 2
toco
%
b
g
b
fei
Qa
N
o
I 9;
ta
ti.
§
©,
^ co© ^ I
cote • iteIte ®
*1 OH
** Ite© *
I 9 CD
I 9 : | 9 : | 9
9
COCO©© ©co© © CDCO© CO © I ©CO © © o ©
ih.
hi
©©©©
© ©©
©©w«^ ©à©©
©I
<105 QT CO
to
O CH 10 CH
COCD % coco ¡J
§
1
S
«© n
©co ce©®© ©©©co
&
E
ob ob ® ob
« «
«
COCO 5te
© » 2
^ COCO ^ ©CO ^
® ©© 9 ©© #
** ©Ite *0 Mts
cocooco
ch
005
I dw :
. © © © ©©©«
* obOab obob©bb
© Ite « ©
©
g
I9
©©©©
o
q
SJÇ5©C» iteite© Ite iteiteOite Ite ' ©Ite lte|te©|te Itelte©lte f ■
tSM © 00©
tte
coco
ite w
^
2
co©
còti
I9
:
I9
es« ** «©
© 0315
M ite____ 15 © 15
© CJlÓO QOI
ϩ
©Ce
9
15 M 1
1« :
1 d; :
t «; :
© © 0 © 9 1:
® ii
co 1 !
ci
e
â
©
m CO' •
Ite© CD © « « Itew
CH
I0C0 05
► COCO 5 COCO %£►
►
►
coco ■
4
1
1
<
11
<
19 £
1
* ®
IteIte
coco ® • I ®
1 CO ®
**
0115
Mm N CHCH **
eo ^
I9
10 :
1 d CH: 1 d ; : 1 * s
1d :
©
0
©
© 1 0©
li:
11 11:: I1 1 1 ©to
CO * °c o I I :
CO CO
M 00
CH
CO
___________ Il
o©
MARKET AND SALES.
The total sales and future deliveries each day during thweek are indicated in the following statement. For tne con
venience of the reader we also add a column which shows at a
glance how the market closed on same days.
SALES OP SPOT AND TRANSIT.
SPOT MARKET
CLOSED.
S a t .. Quiet...................
Mon . D u ll.....................
Tues. D u ll.....................
W e d . D u ll.....................
Thürs Steady® ii8adv.
F ri.. F irm .......................
Total.
MM ................................
.
Ex- \Con- Spee- Tran
port. sump ul’t’n sit. Total.
88
42
123
154
5 98
1 42
....
....
2 6 0 1 ,1 4 7
....
....
Ï 00
160
88
142
123
1 54
7 58
1 42
FUTURES.
Sales.
Deliv
eries.
3 0 ,7 0 0
3 2 ,8 0 0
3 9 ,5 0 0
2 4,9 00
6 0 ,6 0 0
7 8 ,4 0 0
1 ,4 0 7 2 6 6 ,9 0 0
T h e d a lly d eliv eries g iv e n a b o v e a re a o tu a lly d eliv e re d
previous t o th a t o n w h ich t h e y a re re p o rte d .
th e
200
100
500
8 O0
day
T h e S a l e s a n d P r id es o f F u t u r e s are show n by the follow
in g comprehensive table.
» I n c lu d e s sales in S eptem b er, 188 6 , to r S eptem b er, 4 2 ,9 0 0 ; S eptem ber-O otober, fo r O otober, 2 87 ,20 0 .; Septem ber-N ovem ber, fo r N ovem ber,
4 4 1 ,7 0 0 ; S eptem ber-D ecem ber, fo r D e ce m b e r, 7 6 5 ,1 0 0 ; Septem berJ a n a a ry , fo r J a n u a ry , 1 ,6 8 5,90 0 .
83T" W e h a v e ln e lu d e d in cu e a b o v e ta b le , a n d sh a ll c o n tin u e each
w eek t o g iv e , th e a v e ra g e p r ic e o f fu tu r e s ea o h d a y fo r e a c h m on th . It
w ill b e fo u n d u n d e r e a c h a a v f o llo w in g th e a b b re v ia tio n “ A v e r .” T he
a vera g e f o r ea oh m o n th fo r t h e w e e k is a ls o g iv e n a t b o tto m o f tab le.
T ra n sfera b le O rd ers—S atu rda y , 9 ’50c. s M o n d a y 9 4 5 o .; T uesday,
9 ‘5 0 c .; W ed n esd a y, 9 -50o.; T h u rsd a y , 9 -5 5 c.; F r id a y , 9-65o.
The following exchanges have been made during the week :
•18 p d . to e x c h . 1 00 A pr. fo r Ju n e.
*42 p d . t o exoh . 2 0 0 M ar. s. n. fo r
A ug.
•08 p a . t o exoh . 3 0 0 J u u e fo r J u ly .
•09 pd. t o ex e h . 1 00 A p r. fo r M ay.
*08 p d . to e x e h . 3 0 0 M ay fo r J a n e.
•18 p d . to ex e h .
fo r M ay.
‘3 4 p d . to e x o h .
J u ly .
•16 p a . t o ex e h .
*03 p d . to e x e h .
1 0 0 M ar. s. n. 2d
4 0 0 M ar. s. n. fo r
1 00 M a y fo r J u ly.
2 0 0 M ar. fo r A p r.
T h e V is ib l e S u p p l y o f C o tton to-night, as made up by cable
and telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat, are this week’s returns,
and consequently all the European figures are brought down
M a BCH
Thursday evening. But to m ake th e totals the com plete
Iwm^e^or to-night (lia r , i ), w e add the item o f «rp orta fro m
United StftteSi in
dunt
is86«
B jH g g lr p S ?
0i1885. y °1884.
*»»
Total G rea t B rita in at o o k .
Stock at Hamburg.....................
Stock at Brem en........................
Stock at A m sterdam ................
Stock at R otterdam ..................
Moot at Antwerp......................
Stock at H a v re. . .........................
Stock at M arseilles...................
Stock at Barcelona....................
Stock at G en oa.............................
Stock at T rieste
9 4 5 .0 0 0
2 ,8 0 0
8 7 ,1 0 0
3 0 .0 0 0
3 00
1,200
2 6 2 .0 0 0
4 .0 0 0
4 2 .0 0 0
4 .0 0 0
11,000
Total C ontinental s t o o k s . . . . . .
8 9 4 ,4 0 0
*828
7 1 2 ,0 0 0 1 ,0 1 3 ,0 0 0 1 ,0 6 4 ,0 0 0
3 .7 0 0
7 ,5 0 0
4 .0 0 0
6 9 ,4 0 0
5 0 ,3 0 0
4 0 ,9 0 0
5 5 .0 0 0
5 2 .0 0 0
2 9 .0 0 0
1,6 0 0
400
400
2 .7 0 0
1,100
1 ,9 0 0
2
1
6
,0 0 0
220,000
1 6 3 ,0 0 0
5.000
5 .0 0 0
4 .0 0 0
5
3.0
00
8
4
.0
0
0
8 0 .0 0 0
12.000
6.000
9 .0 0 0
6.000
5 ,0 0 0
3 .0 0 0
3 3 5 ,2 0 0
4 3 1 ,3 0 0
4 2 4 ,4 0 0
1 ,4 8 8 ,4 0 0
T otal E u rop ea n s to c k s .. ..1 ,3 3 9 ,4 0 0 1 ,0 4 7,20 0 1 ,4 4 4 ,3 0 0
229 .00 0
1 2 5 .0 0 0
1 8 2 ,0 0 0
India ootton a floa t fo r E u rop e. 1 7 0 .0 0 0
407 .00 0
2 7 6 .0 0 0
3 9 6 ,0 0 0
Amer’n oott’n a floa t f o r E u r p e 44=6,000
44=6.000
3 8,0 00
2
6
,0
0
0
1 3 ,0 0 0
3 9 ,0 0 0
E m it, Brazil, & o .,a fltfo r E ’r ’p e
895 ,11 2
7 6 9 ,6 4 9
9 8 5 ,9 1 7
Stock in U n ited S ta tes p o rts . . 7 9 7 ,4 1 9
1
8 9 ,1 8 3
1
84
,36
8
4 1 3 ,8 9 0
Stock in U. S. in te rio r t o w n s .. 2 40 ,03 3
1 7 ,0 00
1 0,5 00
7 ,5 4 6
2 6 ,9 1 6
United States e x p o r ts t o -d a y . .
Total vis ib le s u p p l y .. ........ 3 ,0 5 8 ,7 6 8 3 ,0 4 5 ,6 5 3 2 ,8 3 5 ,8 1 7 3 !,2 6 3 ,6 9 g
fo llo w s
01 the a b o v e.th e t o ta ls o f A m e r ic a n a n d o th e r d e sc rip tio n s a re aB
week last year, and since September 1 the receipts at all the
towns are 65,115 bales more than for the same time in 1885-86»
QUOTATIONS FOR M IDDLIN G COTTON A T O T H E R M A R K E T S.—
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.
* ___________________
Week en d in g
M ar. 4 .
G a lv e s t o n . . .
N ew Orleans.
M o b ile ............
S a v a n n a h .. .
C h a rle sto n . .
W ilm in g ton ..
N o r fo lk ..........
B oston ........ ..
B a ltim o r e ....
Philadelphia.
A u g u sta ........
M e m p h is . . . .
St. L o u i s . . . . .
C in c in n a t i...
L o u is v ille ....
7 25 .00 0
7 5 2 .0 0 0
5 0 9 .0 0 0
liverp ool s t o c k .. . . . . . . . .b a le s 7 3 7 ,0 0 0
3 2 2 .0 0 0
2 6 0 .0 0 0 3 1 9 .0 0 0
Continental s t o o k s .. ................. 2 9 6 ,0 0 0
4 0 7 .0 0 0
2
7
6
.0
0
0
3 9 6 ,0 0 0
American a floa t fo r E u r o p e .. . 4 46 ,00 0
8 9 5 ,1 1 2
7 6 9 ,6 4 9
9
8
5
,9
1
7
United S tates at o o k ..................... 797 ,41 9
1 8 9 ,1 8 3
1
84
,36
8
4 1 3 ,8 9 0
United States in t e r io r s t o c k s .. 2 40 ,03 3
1 7,000
10,5 00
,5 4 6__ _________________
United S tates e x p o r t s t o - d a y ..
2 6 ,9 1 6 ______7____
T otal A m e r io a n ..... . . . . . . . 2 , 5 4 3 , 3 6 8 2 ,5 7 2 ,3 5 3 2 ,3 1 1 ,5 1 7 2 ,5 5 5 ,2 9 5
Matt I n d ia n , B r a z tl, <*c.—
222,000 274 .00 0
1 8 9 .0 0 0
Liverpool s t o c k ........... ............... 193=000
65.0 00
3 9 .0 0 0
1 4 .0 0 0
L ondonstook..... . . . . . . . . . . . . .
15,000
1 02 ,40 0
1 1 2 ,3 0 0
7
5
,2
0
0
Continental s to c k s ................... —
9 8 ,4 0 0
2
29
.00 0
1 2 5 ,0 0 0
1 8 2 .0 0 0
India afloat f o r E u r o p e .............. 1 7 0 ,0 0 0
38.0 00
2 6 .0 0 0
1 3 .0 0 0
Egypt, B ra zil, dto., a f l o a t . . . . . .
3 9 ,0 0 0
s w
™
T otalvisiblesupply .. .. . . . 3 , 0 5 8 , 7 6 8 3 ,0 4 5 ,5 5 3 2 ,8 3 5 ,8 1 7 3,263^695
Mid. UpL, Liverpool....
b^d.
4i6i6d.
6i,.d.
osa.
Price Mid. Upl., New York....
9»so.
9316o.^
11*80.
8•
j y The imports into Continental ports this week have been
80,000 bales.
.
, ..
,, _ .
. ,+
The above figures indicate an increase in the cotton in sight
to-night of 18,215 bales as compared with the same date of
1886, an increase of 222,951 bales as compared v^th the corres
ponding date of 1885 and a decrease of 204,927 bales as
compared with 1884.
At t h e I n t e r i o r T o w n s the movement—that is the receipts
fot the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1885-86—is set out in detail in the following statement,
Price
lig g'
REHE!
g I l S e . g s ’i
"
a
p
’
a
®
ii® 3 3 « g
S i W S g 't v S
»g S ea - a
I
S S B -’I P r P
31»
THE CHRONICLE.
5, 1887.]
ils*
! O
M on .
815lfl
9*3
9
9*1«
914
9®18
9»16
9»s
93e
9%
9
9^6
9
9*8
9*8
8 i» ie
913
9
»lie
914
9 »ie
9 »8
9%
9\
9he
9*8
9 i 16
9*8
9 Ja
: BPfM. gg: t>!
a m ¡» ¡0so. P0= p. • !
■ ® ® ® • P i • Sp » I
CXi O M C O M O i ©
CO
+ 01
co©
to
O'01w m © -t oo©"o tocoToco<1cooi co
h-i W © +0M H*tO
MO©MCOieM
©PtS^lOtObO
ttXJCOOOO©©©© ©>(+0OaD©©COMa0O1
-3©©©OOi#=COOl©©tf.COtO©W©Wli.
H©
M
M
00
M
©co
t* M ©M ;
Oi©tOteCOg+tO
0; V W00 <1CHWCO05 © ' M<JO^JMCOOICC
© o i o o i + a - a - a t o : tOM«toii.MMOi
MkOOOOOM® OOOIÜI. CDCOH © |t+tOO lf+
M
O H 03COM10;
I OöCoToabVtO!
COOStUiOOOOC^;
; 03 H CO to to*
K) =e
M
M
► M
M
»tOM®CJ>l-, |P.OOM<J tOWCDOMOKJOl
QClCKCO#“ WCb'p —MM 00 COM © CO00© W ©
tc tiIo la ® V lo o i t o
lo© co
tO©K)WO;UONJ©QOWOOa3©CDCnOIWCCW
©GDWCOOi KHeOlN)WOI©©®OOGOW'XI©
CO
03
Oi
M
lb
03 W HH
tf*tO j
00 M
CO
H03 03C0 03HC3MHrf^ ; *M^aDOtO|fc>CO
to to ^ 03 ibec zp Or-» to co| ^ cjoto to COCO00
cOHOO^OdCO^O^cji* <1oo to ao oo co co
lb
M
CO
GO
CO
c
M
O
03
MM
<OOt CK®to COWWrf+;
oo a © oi co © co © to - i =
© O O O o o H a ciiU H
©o<Or-to©<iaoao©=
M
COMM MW
MCO©m m o j ©^o
© «-=cn ai co o
=e
oo to co oo —to oi
oo#+o© ® - - © m
WS-S
a
a
-s <0
• n
4 *
R eceipts.
M
Hto'tOi^HCOtO
O»O03t0C0<y«C0
coocw cocooto
O®
M
CO
©
M
b o ia a u H c o ^ H O o
-o7j ,u o im <i to
W-4aOCO©®®WC©iOOO<KIIK)WCD®©
©0'©©Oi©MWOi©OI©tOCOtStO®©^4
00«
Shvpm’ ts
Stock
This
M a r. 5.
w eek.
0
00
to
CO
to
to
03
W
HM^HHtOM CO
^^O^ItO^CO^ C3
OCOCO^OOCO^ co
COcwif* h* CO 03
C003t0C0O00C0 to
«■
Mg'
S ince
/8 epi.l.’ 85.
Ift
to
6 ,8 3 2 | 2 8 ,5 1 8 |
*
CO
CO
Itfc
03
CO
^
OJM00 to to co to
COOtOCTtOOCd
C3OiH>C&atOt0
&
This
week.
GO
W
| 746 ,52 1 |
Ift
CO
M
)**
03
to
CO
00
to
9 I6 ‘9
03M<|MM ;
ODUiP W^-3^1
to©=i+*.it+c:
MOWMMOi
■ x n e ngures i o r ixraisviue m n o m y e a r » are -- non,
t T b is y e a r ’s fl g u res estim ated.
The above totals show that the old interior stocks have
decreased during the week 30,872 bales and are to-night 178,857
bales less than at the same period last year, The receipts at
the same towns have been 5,640 bales less than the same
9
938
93 is
938
914
93te
93s
9»8
934
9Ü1
938
934
938
914
938
F r i.
9*ia
938
93®
938
914
9 8xa
933
9 »8
93aa>»8,
931
03e
934
93a
9>4
933
Week
Ending—
Receipts at the Portt. iSi’fc at Interior Towns. Rec'pts from Plant'nt
1885. 1886. | 1887. 1885. 1886. 1887.
Jan. 28........ 75,295 134,804 132,531 280.872 476,342 351,361
Feb. 4 ........ 89,785 122,418 130,753 271,790 469,013 336,612
« 11........ 68,621 105,792 108,257 265,045 454,116 332,798
“ 18........ 54,824 102,524 86,582 234,331 448,170 321,366
« 25........ 50,312 92,867 95,013 216,432 442,606 301,199
Mar. 4 ........ 56,866 68.223 79,951 199,179 442,408 265,901
1885.
58,087
80,703
52,876
32,510
32,563
39.063
1886.
1887.
117,896 117,464
115,089 116,004
90,895 104,443
96,078 75,150=
87,303 74,846
68,025 44,743
The above statement snows—i. in a i sue iuum icueiyto uum
the plantations since September 1,1886, were 5,074,116 bales;
in 1885-88 were 5,033,860 bales; in 1884-85 were 4,628,864 bales,
2. That, although the receipts at the outports the past week
were 79,951 bales, the actual movement from plantations was
only 44,743 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 68,025 bales and for 1885 they were
39,563 bales.
A m o u n t o f C o t t o n i n S i g h t Mar . 4.—In the table below
we give the receipts from plantations in another form, and add
to them the net overland movement to Mar. 1, and also the
takings by Southern spinners to the Bame date, so as to give
substantially the amount of cotton now in sight._____________
1886-87.
1 885-86.
1 884-85.
1 8 8 3 -8 4 .
T o ta l in sig h t M ar. 4 ............. 5 ,9 4 7 ,3 4 9 5 ,8 5 5 ,9 9 4 5 ,3 1 0 ,6 4 6 5 ,2 2 9 ,7 1 5
©0»
M
«
03'++ A =U WHG000
tOCO M H A ®
(O HOIHHM Ol 'O
o s ia o a o H
<o Cilfi=®©©i-, t3®CiSMlO>CT50©©©MW©
03 O Ci GOM © tO to o io u o £ w w o ts © ii+ © © a w © © > i* > -‘ if-
OOCIt+OOl-i*. If+
®Wt3*=okO®
Th u rt.
8 i»ia
938
9
9 i ie
914
9 3ie
9 °ie
9 »8
9 38 '9 1fl
9%,
9ha
938
9118
9*4
93g
T o t. re c e ip ts fr o m p la n ta ’tn s 5 ,0 7 4 ,1 1 6 5 ,0 3 3 ,8 6 0 4 ,6 2 8 ,8 6 4 4 ,5 7 8 ,6 4 5
5 0 1 ,7 8 2
4 6 1 ,0 7 0
6 23 ,23 3
«1 7 ,1 3 4
N et o v e rla n d to M ar. 1 .............
1 8 0 ,0 0 0
2 0 5 ,0 0 0
1 9 0 ,0 0 0
S outhern oo n su m p t’n to M ar. 1 2 50 ,00 0
- gSo
tOCO
M
©
M
cn oo to c* to m #+w co © H i t i - a e i t a M
if. oi © 7- © © a © o i« © < j© w m © ©<o
lo lo co
m m © lo # + © QO^Ji-3 01 co co w
•~IK+-J0303©W-l©t0t0©Ot0t0l&-tf+®«
COtO-3^iOlOi©©-3©t-Oi-3tO©ip.©i^.M
W ed n et.
8 t» ie
9*8
9
. 91i«
914
9316
9»te
9 »8
9 38'3 *8
9%
9^6
9*8
91i®
934
9*8
R e c e i p t s f r o m t h e P l a n t a t i o n s . —The following table
Indicates the actual movement each week from the plan
tations. The figures do not include overland receipts nor
Southern consumption; they are simply a statement o f the
weekly movement from the plantations of that part of the crop
N orthern s p in n e rs’ ta k in g s t o
oo I <J
p #+
T u et.
R eceip ts a t t b e p o r ts to M ar. 4 4 ,8 5 6 ,1 8 5 4 ,6 0 7 ,3 0 2 4 ,4 4 6 ,9 0 0 4 ,4 2 2 ,3 2 4
In te rio r sto o k s on M ar. 4 in
1 8 1 ,9 6 4
1 5 6 ,8 2 1
217 ,93 1
4 2 6 ,5 5 8
e x c e s s o f S e p te m b e r 1 ............
,5 a e a g - S 'S - g I l l s I » g
sa llU
Ä i 8-8
jPtft § B ®
i p §P B
n*
P* t3~ O ~ O &
® 1+0-
CLOSING QUOTATIONS FOB MIDDLING OOTTON ON—
iatur.
1 ,2 6 1 ,0 1 7 1 ,3 5 3,66 5 1 ,0 8 5 ,5 5 2 1 ,1 4 2 ,5 5 4
I t w ill h e seen b y th e a b o v e th a t th e Inorease in a m o u n t In sig h t
to-n igh t, as o o m p ared w ith la st y e a r, is 91,355 b ales, th e in c r e a s e
as co m p a re d w ith 1884-85 is 636,703 bales an d t h e in o re a se over
1883-84 is 717,634 bales.
W eather R eports b y T elegraph .— The weather has in
general been quite favorable for farming operations at the
South during the week, and in consequence preparations for
the next crop have made good progress.
The Mississippi
River has risen further during the week, and is now tw o
tenths of a foot below high-water mark at Memphis, but
stationary.
Galveston, Texas.— It has rained on one day of the week,
the rainfall reaching ninety-seven hundredths of an inch*
Average thermometer 62, highest 78 and lowest 49. During
the month of February the rainfall reached seventy-three
hundredths of an inch.
Palestine, Texas.— There has been no rain all the week,
and crop preparations are active. The thermometer has aver
aged 57, the highest being 75 and tbe lowest 38. Rainfall
during February three inches and ninety-seven hundredths.
Hew Orleans, Louisiana.—W e have had rain on two days
of the week, the rainfall reaching forty-five hundredths of an
inch. The thermometer has averaged 61.
Shreveport, Louisiana.—Telegram, not received.
Columbus, M ississippi.—It has rained on one day of the
week, the rainfall reaching thirty-eight hundredths of an
inch. The thermometer has averaged 41, the highest being
70 and the lowest 26. During February the rainfall reached
four inches and forty hundredths.
.
Leland, M ississippi.— Rainfall for the week, •ni? e
hundredths of an inch. Average thermometer 56’7, highest <0
and lowest 85. During the month of February the rainfall
reached four inches and ninety-nine hundredths.
320
THE CHRONICLE.
[V o l .
x l iy
.
Meridian, Mississippi.—The early part of the week we
Mar. 3, *87.
* « ■ . 4, »86.
3iad rain, but the latter portion has been clear and pleasant.
Feet. Inch. fleet.
The weather has been favorable for ploughing, and planters
Inch.
N ew O r le a n s ... . . . . . . A b o v e lo w -w a te r m a rk .
2
12
»r e making good progress in preparing their lands for the M e m p h is.. . . . . . . . .. . . A b o v e lo w -w a te r m a rk . 13
8
35
8
26
4
coming cro >. The thermometer has ranged from 40 to 70.
N a sh v ille .. . . . . . . . . . . . A b o v e lo w -w a te r m a r k .
44
I
14
1
1
Greenville, Mississippi.—The weather has been cloudy S h r e v e p o r t ............ . . .A b o v e lo w -w a te r m a r k . 16
14
1
3
38
■during the week with rain on one day. The rainfall reached V i c k s b u r g . . . . . . . . . . . . A b o v e lo w -w a te r m a rk . 4 2
5
ten hundredths of an inch. The thermometer has ranged
I n d i a C o t t o n M o v e m e n t f r o m a l l P o r t s . —The receiptr
.from 86 to 84.
and shipments o f cotton at Bombay have been as follows fo
Clarksdale, Mississippi.—Telegram not received.
the week and year, bringing the figures down to Mar. 3,
°
Vicksburg, Mississippi.—Id has been showery on one day
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
•of the week, the rainfall reaching five hundredths of an inch
The thermometer has averaged 58, the highest being 75, and
Shipment» this week Shipments Since Jan. 1.
Receipt».
the lowest 33.
T h is
Qloster, Mississippi.—We have had rain on two days of F ear Créât Conti Total. Great Conti Total.
Brit’n.
nent.
Britain
nent.
Tear.
Week.
the week, the rainfall reaching five inches and thirty hun
dredths. The thermometer has averaged 56, ranging from 32 1887 6,0 0 0 1 7 .0 0 0 2 3 ,0 0 0 5 0 .0 0 0 1 6 2 ,0 0 6 2 1 2 ,0 0 0 4 7 .0 0 0 380.000
1886 2 .0 0 0 4 7 .0 0 0 4 9 ,0 00 4 8 .0 0 0 1 66 ,00 0
to 80.
2 1 4 .0 0 0 5 2 .0 0 0 355.000
1885 13.0 00 3 1 .0 0 0 4 4 ,0 0 0 3 7 .0 0 0 1 14 ,00 0
1 5 1 .0 0 0 3 6 .0 0 0 237.000
Helena, Arkansas.—It has rained on one day, the remain 1884
2 1 .0 00 2 4 ,0 0 0 ;4 5 ,0 0 0 128,0001160,000
2 8 8 .0 0 0 4 6 .0 00 ¿91,000
der of the week being pleasant. The rainfall reached forty
nine hundredths of an inch. Light rain is falling this morn
According to the foregoing, Bombay appears to snow a
ing. The river is rising and is now four-and-a-half feet below decrease
compared with last year in the week’s receipts of
high-water mark and overflowing more lands. I believe it 5,000 bales,
and a decrease in shipments of 26,000 bales, and
will continue to rise two weeks more. The thermometer has the shipments
since Jan. 1 show a decrease of 2,000 bales.
averaged 57, the highest being 76 and the lowest 84.
movement at Calcutta, Madras and other India ports for
Memphis,' 2 ennessee.—It has rained on one day of the The
the
last
reported
week and since the 1st of January, for two
week, the rainfall reaching forty-six hundredths of an inch
has been as follows. **Other ports” cover Ceylon
The river is two tenths of a foot below high-water mark, but ears,
uticorin. Kurrachee and Coconada.
stationary. Average thermometer 54, highest 73 and lowest
36. It rained on fifteen days during February, and the rain
Shipmentt for the week.
Shipment! since January 1.
fall reached eight inches and thiriy-seven hundredths. The
thermometer averaged 49 and ranged from 26 to 74.
Great
Conti
Great
Total. Britain. Continent. Total.
Britain nent.
Nashville. Tennessee.—Rain has fallen on three days of the
week to the extent of ninety-one hundredths of an inch O alcntta—
Average thermometer 53, highest 77, lowest 23. Rainfall
1,000
1 8 6 7 ..........
9 .0 0 0
10,000
1 9 ,0 00
3 5 ,0 0 0
54,000
1 8 8 6 ..........
2,000
7 .0 0 0
9 ,0 0 0
during February nine inches and seventy-three hundredths.
1 6 ,0 0 0
11,0 00
27,000
Madras—
Mobile, Alabama.—It has been showery on four days of
1 8 8 7 ..........
2 ,0 0 0
2.000
the week, the rainfall reaching thirty-seven hundredths of an
1 8 8 6 ..........
2 ,0 0 0
2,000
inch. Planting preparations are well advanced. The ther 411 o th e rs —
1 8 6 7 ..........
1 0 ,0 0 0
4 ,0 0 0
mometer ranged from 86 to 73, averaging 56. February rain
14,090
1 8 8 6 ..........
1 2,5 00
6 ,0 0 0
18.500
fall five inches and eighty-five hundredths.
Montgomery, Alabama.—It has rained on one day, the re t o t a l a l l 1 8 8 7 ..........
1,000
9 .0 0 0
10,000
3 1 .0 0 0
mainder of the week being pleasant. The rainfall reached
3 9 ,0 0 0
70,000
1 8 8 6 ..........
2,000
7 .0 0 0
9 ,0 0 0
3 0 ,5 u 0
17,0 00
47,500
forty-nine hundredths of an inch. Average thermometer 55
highest 78, lowest 44. Rainfall for February seven inches
The above totals for the week show that the movement from
and forty-seven hundredths.
the ports other than Bombay is 1,000 bales more than the same
Selma, Alabama.—We have bad rain on one day of the week last year. For the whole of India, therefore, the total
■week, the rainfall reaching sixty-seven hundredths of an inch shipments since January 1, 1887, and for the corresponding
The therm ometer has ranged from 33 to ,71» averaging 52. periods of the two previous years, are as follows:
February rainfall six inches and eighty-seven hundredths.
EXPORTS TO EUROPE FROM ALL INDIA.
Auburn, Alabama.—It was showery on one day in the
early part of the week, but the latter portion has been clear
1 88 7 .
1886.
188 5 .
and pleasant. The rainfall reached forty-one hundredths of
Shipments
an inch.
We had killing frost and ice on Sunday night, but to all Europe This
Since
This
Since
This
Since
from—
week. Jan. 1.
week. Jan. 1 .
week. Jan. 1.
no serious damage done. The thermometer has averaged 52'5,
the highest being 73 and the lowest 30.
B o m b a y ......... .
23.000
2 1 2 .0 0 0 4 9 ,0 0 0
2 1 4 ,0 0 0 4 4 ,0 0 0
151,000
Birmingham, Alabama.—Telegram not received.
A ll o t h e r p o r t s . 10.000
70,0 00
9 ,0 0 0
4 7 ,5 0 0
7 ,0 0 0
38,000
Madison, Florida —It has rained on one day of the week,
T o t a l ........... 3 3 ,0 0 0
2 82 ,00 0 5 8 ,0 0 0
2 6 1 ,5 0 0 5 1 .0 0 0
189,000
the rainfall reaching forty hundredths of an inch. Thore has
been light frost, with no damage. The thermometer has
A l e x a n d r i a R e c e i p t s a n d S h i p m e n t s . —Through arrange
ranged from 85 to 76, averaging 53.
Macon, Georgia.—We have had rain on two days of the ments we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
week.
Columbus, Georgia.—It has rained on one day of the week, che movements of cotton at Alexandria, Egypt. The following
the rainfall reaching fifteen hundredths of an inch. Average are the receipts and shipments for the past week and for the
corresponding week of the previous two years.
thermometer 54, highest 69 and lowest 82.
Savannah, tot orgia.—We have had rain on one day of the Alexandria, Egypt,
1 8 8 6 -8 7 .
Mar. 2.
1885-86.
1 884-85.
week, the rainfall reaching fifteen hundredths of an inch.
The thermometer has averaged 57, the highest being 79 and R eoeipts i ca n ta rs* )—
the lowest 34.
T h is w e e k . . . .
3 2 ,0 0 0
2 8 ,0 0 0
50,0 00
Augusta, Georgia.—It rained on one day in the early part
S in o e S e p t. 1
2 ,7 5 9 ,0 0 0
2 ,6 * 1 ,0 0 0
8 ,1 4 8 .0 0 0
of the week, but the latter portion has been clear and pleasant.
This Since
This Since
Tht$
Since
The rainfall reach* d thirty-four hundredths of an inch. The
week. Sept. 1. week. Sept. 1. week. Sept. 1«
weather has been favorable and planters are busy preparing
(b a le s)—
lands for cotton. At some points oats have been put in E Tx po oLrts
i v e r p o o l . . . . . . . . . 4 .0 0 0 2 2 0 ,00 0
4 .0 0 0 1 9 6 .0 0 0
5 .0 0 0 266,000
already. Average thermometer 46, highest 81, lowest 31.
T o C o n t in e n t . . . . . . . . 2 .0 0 0 115,000
2 .0 0 0 117 .00 0
7 .0 0 0 180,000
February rainfall two inches and ninety-five hundredths.
T o t a l E n r o p e .......... 6 ,0 0 0 3 3 5 ,0 0 0
6 ,0 0 0 3 1 8 ,0 0 0 12,000 3 9 6 ,00 0
Albany, Georgia.—The early part of the wee» we had rain
on one day to the extent of thirty-four hundredths of an inch,
' A o a n ta r Is 9 8 lb s.
but the latter portion has been clear and pleasant. There has
This statement shows that the receipts for the week ending
been killing frost on one night. Average thermometer 57,
Mnr. 2 were 82,000 cantars, and the shipments to all Europe
highest 75, lowest 86,
“ ,000 bales.
Charleston, South Carolina.—We have had rain on three
days of the week, the rainfall reaching ten hundredths of an M a n c h e s t e r M a r k e t . —Our report received bv cable to-night
inch. The thermometer has ranged from 33 to 79, averaging 55. from Manchester states that the market is quiet for both
Stateburg, South Carolina.—We had rain on one day in yarns and shirtings, but that mills are generally running
the early pa* t of ihe week, but the latter portion has been full time. We give the prices for to-day below, and leave
clear and pleasent. The rainfall reached twenty-three hun those for previous weeks of this and laat year for comparison :
dredths of an inch. Ice formed on one night in this vicinity.
1 886-87.
1 835-86.
The the; mometer has averaged 55 6, ranging from 31 to 75.
Co it'n
Rainfall during February one inch and eighty-nine hun
I Coti’n
3 2 s Oop.
8 k lbs.
3 2 s Oop.
8 k lbs.
Mid.
Mid.
dredths.
Twist.
S hirtings.
Twist.
S h irtin g s.
Uplds
lipide
Columbia, South Carolina—It has been showery on three
d.
d. s. d.
s. d.
days of the week, the rainfall reaching eleven hundredths of
d.
d.
d.
d. 8. d
d.
eo 31 7® y—716)8 5 8 ® 6 10
5k
7*8 ® 7 k
1
7k
4!®H
an inch. Average thermometer 56, highest 82 and lowest 29. JDan
. 7 75t8 -7 1 6 ,„ 5 8 ® 6 10
5 5ie ?k ®7H 8
&
1
7
k
*7
Wilson, North <arolma.—We have had rain on one day of » 14 7 ° is 7iO)e 5 9 k 9 6 l O k 5 k 71i« ® 7 k
7 k *7 1
51 i 8
“ 21 7*4 ® 7 78 5 9 k 9 6 1 0 k 53)6 71i 6 « 7 8 g
the week, the rainf all reaching thirty hundredths of an inch.
7 k *7 1
5*16
5
1
The thermometer has averaged 50, the highest being 80 and » 2*» 7 k ® 7 k 5 9 k Ÿ 6 1 0 k 53j6 7 ® 7*t,
7 k »7
F eb . 4 7 k ® 7 k 5 9 k ® 6 1 0 k 5 k
7
a79jg
416,8
7k*7 1
the lowest 28.
“ 11 7 k ® 7 k 5 9 k 6 1 0 k
7 k »7 1
4 « lé
The following statement we have also received by telegraph, « 18 7 k ® 7 k 5 9 k # 6 1 0 k 55 kk « l 3i6 »7 3 a
7 k 97 1
41*18
« 26 7 k ® 7 k 5 9 k * 6 l o k 53,6 Ö 'ljg Ä T I,
showing the height of the rivers at the points named at 8 o’clock
7 * 7 O k 4%
M ar 4 7 k ® 7 % 5 9 k 9 6 1 0 k 5 k
6% *738
7 ® 7 Ok 41*18
Mar, 8, 1887, and Mar. 4, 1886.
i
Ma r c h
321
THE CHRONICLE.
5, 1887.1
M a r. 4 .
Feb. 18. Feb. 25.
Feb. 11.
Ov e r l a n d M o v e m e n t , & c ., t o M a r c h 1 . —l a our editorial
65,000*
6 9 .0 00
columns to-day will be found our regular statement of over Sales o f t h e w e e k .. . . . . . .b a le s.
61.0 00
6 0 ,0 00
5 .0 0 0
7 .0 0 0
3.0 0 0
3 .0 0 0
O f w h ic h e x p o r te r s t o o k . . . .
land movement, receipts, exports, spinners’ takings, &c.»
7 .0 0 0
7 .0 0 0
4.0 0 0
4 .0 0 0
O f w h ic h s p e cu la to rs t o o k ..
4
4
.0 0 0
53.0
00
4
7
.0
0
0
4
5
.0
00
brought down to March 1.
8.000
6.000
5.000
*
6,0 0 0
2
4
.0 0 0
24.0
00
22.0
00
2
9.0
00
Jute B utts, B agging , & c .— There is but little improve Forw arder!................................
9 3 0 .0 0 0
9 60 .00 0
9 14 .00 0
9 1 2 ,0 0 0
s to ck —E s t i m a t e d ... ... ..
ment in the demand for bagging and the market is quiet* T otal
7
3
7
.0
00
7
6
2
.0
0
0
725
.00
0
7
14
.00
0
O f w h ic h A m erioa n —E stim ’ d
5 5 .0 0 0
84.0 00
1 29 .00 0
22.000
prices are nominal and sellers are quoting 6@6)£c. for
lb., Total Im p o rt o f t h e w e e k . . . . . . 11 02
3 3 .0 0 0
100 .00 0
7 6 .0 0 0
,00 0
2 6 6 .0 0 0
2 29 .00 0
2 93 .00 0
for \% lb., 7@7^c. for 2 lb. and 7 ^ @ 7 ^ c. for
2 57 .00 0
211,000
1 8 0 .0 0 0
2 40 .00 0
2 17 .00 0
O f w h ic h A m e r ic a n ...............
standard grade. Only a moderate inquiry is noted for butts
The tone of the Liverpool market for spots and futures eaoh
md we hear of few transactions. Tne sales for the month
have been 15,000 bales at l*70@2^c. as to quality, while at day of the week ending Mar. 4, and the daily dosing prices
_______________
the close paper grades are held at
and bagging of spot cotton, have been as follows:
qualities at 2@2J^c.
The visible supply is 232,069 bales
S a tu rd a y M on day. T uesday. W ednes. Thursd’y. F rid a y .
Spot.
against 278,218 last year.
•
Good
Fair
Sh ipping N e w s .— T he exports o f cotton fro m th e United
States the past week*, as per latest mail returns, h ave reached
88,906 bales.
So far as the Southern ports are concerned, these
»re the sam e exports reported b y telegraph, and published in
Fair
Quota’tns
M arket, f
business
fully
12:30 P.M.J matntned
doing.
Upl’d s . . .
5*1 e
58ie
a iid .O rl’ns.
5k
5k
1 0 ,0 0 0
Mid. Sales .
8 ,0 0 0
S pec.& exp .
1 .0 0 0
1 ,0 0 0
the Ch r o n ic l e last Friday.
W it h regard to N e w Y o r k w e
iaclude the m anifests o f all vessels cleared » p -to Thursday.
Total baft*'
Kkw Y o r k —T o L iv erp ool, p e r steam ers A la sk a , 2 ,5 5 8 . ...C e lt ic ,
1 .6 8 3 .. ..C it y o f R ic h m o n d , 1 ,2 5 8 ....E n r iq u e , 1 ,0 6 9 . ...
E truria, 5 . . . Ita ly , 2,8 4 .0 ....M e m n o n , 8 1 6 . . . . A lb e rs , A l l
....S c a n d in a v ia , 1 ,5 3 7 ............................................. .
1 2,1 77
To H u ll, p e r stea m er S an tiago, 5 4 7 ................................................
547
To L eith , p e r stea m er C ritic, 1 ,9 0 8 ........................ - .......................
1 ,9 0 8
To H a vre, p e r steam er L a B ou rg og n e, 1 ,2 5 0 ............... ...............
1 ,2 5 0
To B rem en, p e r steam ers F u ld a , 9 1 i . ... 8 a a l e , 6 9 0 ...........
1 ,6 0 1
To H a m b u rg, p e r stea m ers P olyn esia , 5 5 0 — R h a etia , 2 5 0 ..
8 00
To A n tw erp , p e r steam ers B elg en la n d , 1 , 8 3 6 . . . . H erm a n n ,
8 6 2 . . . . . . . .............................. ..................................... .
2 ,6 9 8
To S tettin , p er steam er G oth ia , 1 6 0 ................................................
100
1 ,3 8 4
To G otten b u rg , p e r stea m er B assa n o, 1 ,3 6 4 ..................... ......
To B arcelon a , p er stea m er A lesia , 6 5 0 ...........................................
6 50
To G en oa, p e r stea m er E th iop ia , 2 1 7 ..............................................
New O r le a n s —T o L iv erp ool, p e r steam ers A la v a , 3 ,6 0 0 . ...
A m e th y st, ? ,1 0 2 ___ A u stra lia n , 5 ,2 1 3 ___ San J u a n , 4 ,2 6 5
Ch a r l e s t o n — T o
L iv erp ool, p e r steam er H oraegn ards, 2 ,0 6 3 . ...
T o H a v re, p e r bark H u d son , 1 ,9 0 0 ....................................... ...........
T o B arcelon a , p e r b a rk M aria T eresa, 9 8 6 . . . . p e r b rig
A lfred o, 1 ,0 5 0 ......................................................................................
Galveston —T o L iv erp ool, p e r b a rk s C ito, 1,7 5 0 . . . . G lem t,
1 ,7 3 2 ....O l e B oe, 2 ,1 5 6 ................................................................
Tot a l. . . . ,
, r, - r______ _____. . . . . . . . . . . . _____________
2,8 1 4
2 ,653
9 ,8 9 1
782
100
8 6 .9 06
‘V O rleans.
savannah..
Charleston,
u a iv e s to n .
NorfplH___
B altim ore.
Boston . . . .
PhiladeFia.
A n tw ., Stettin B a reeB rem . S a n g o a n d
Iona
and
a n a Gotten- a n d
V era
L iv e r
Total.
p o o l. H a vre. H a mb. Ghent, burg. Genoa. C rus.
8 6 7 .......... 23,3 72
12,177 1 ,2 5 0 2 ,4 0 1 2 ,6 9 8 1 ,5 2 4
9 5 0 ....................... .
4 5 0 .......... 2 7 ,0 2 7
2 1,6 64 3 ,9 6 3
.......................................
1 ,2 2 3 .......................................
1 ,223
..........
2 ,0 6 3 1 ,9 0 0 .......... . . . . . . .......... 2 ,0 3 6 -------5 ,9 » 9
5 ,6 3 8 ......... 2 ,8 2 2
8 8 0 .........................
350
9 ,6 9 0
3 ,8 5 5 ............... .............. . . .......................................... ...
3 ,3 5 5
2 ,8 1 4 2 ,6 5 3 ....................................................................
5 ,4 6 7
9 ,8 9 1 ....................... ......................................................
9 ,» 9 1
7 8 2 ........................
1 0 0 ........................................
882
T o t a l ... 5 8 .3 8 4 9 ,7 6 6 6 ,1 7 3 4 ,9 0 1 1 ,5 2 4 3 .3 5 3
8 5 0 8 6 ,9 0 6
In clu ded in th e a b o v e to ta l fr o m N ew Y o r k a re 5 47 b a les t o H u ll an d
1,90» b ales t o L eith.
Cotton freights the past week have been as follows :
Easy.
Firm.
5k
®B18
1 2 ,0 0 0
1 ,0 0 0
Steady.
Quiet.
Steady.
Steady.
Steady a t
1-64 ad
vance.
Dull.
Steady.
Steady.
Firm.
Barely
steady.
The opening, highest, lowest and dosing prices of futures for
Liverpool for eaoh day of the week are given below. These
prioes are on the basis of Uplands, Low Middling clause, unless
otherwise stated,
j y
The p rice s a re giv en i n p e n c e a n d Q ilh s, th u s :
4 6 3 -6 4 d .. a n d 5 01 m ea n » 5 l - 6 4 d .
S a t,« F e b . 2 6 .
n o n .« F e b . 2 8 .
Oven High Low. Clot. Oven High hO W .
)
_
3 ,3 5 5
The particulars of these shipments, arranged in our usual
form, are as follows :
New Y o r k .
M arket, {
5 P. M. $
M arch........
Mar.-April..
April-May..
May-June .
June-July..
July-A ug...
A ug.-Sept..
Sept.-O ct...
O ct.-N o v ...
To H a m b u rg, p e r stea m er South w ood , 9 5 0 .
To B arcelon a , p e r b a rk A lin a, 4 5 0 .................
T o G h en t, p er b ark K ron a , 8 8 0 . . . ........................................- .........
T o V era Cruz, p e r steam er H arlan , 3 5 0 ...............................
No r f o l k —T o L iv e r p o o l, p e r b ark R bea , 3 ,3 5 5 ..................................
Uai/ tim or e —T o L iv e r p o o l, p e r steam ers B a rrow m ore, 1 ,4 9 5 . ...
O ran m ore, 1 , 3 1 9 ..................... .........................................................
T o H a vre, p e r steam er S axm u n d h a m . 2 ,6 5 3 ................. .............
Boston —T o L iv e rp o o l, p er steam ers K a n sa s, 3 , 9 3 4 . . . . N orse
m an, 2 ,5 7 2 ___ P a lm y ra , 6 6 4 ___ V en etia n , 2 , 7 z l .....................
Ph il a d e l p h ia —T o L iv erp ool, p e r steam er In d ia n a , 7 8 2 ...............
T o A n tw erp , p e r steam er P e n n sy lv a n ia , 1 00 ..............................
Futures.
M arket, Ì Quiet at
12:30 p.M. j a deoline.
Fully
business malnt’ned business
doing.
doing.
6k
5 3is
»»IS
5k
5k
5Bis
1 5 ,0 0 0
1 2,0 00
1 0 ,0 0 0
3 ,0 0 0
2 ,0 0 0
2 ,0 3 0
A.
510
610
511
5 13
5 15
516
517
513
A.
510
5 10
511
518
515
516
517
513
A.
510
510
511
513
515
516
517
513
d.
A.
510 510
5 10 51')
511 1 511
513 513
515 515
516 516
517 518
513 513
W e d n e a ., M a r . 2 .
A.
510
510
511
513
513
516
518
513
A.
5 09
5 09
511
512
514
5 16
517
513
4 63 m ea n s
T u e « ., M a r . 1 .
aio».
Open High Low. Clot.
A.
5 09
5 09
511
512
514
516
517
513
A.
5 09
5 09
511
512
5 14
516
517
513
T h a n ., M a r. 3 .
A.
510
5 10
511
5 13
515
516
5 18
513
A.
5 09
509
511
512
514
516
517
513
A.
5105 10 '
511
513515
516
518519
F r i ., M a r . 4 ,
Open High Low. aio». Open High Low. Clot. Open Hieh Low. Oíos
A.
A.
A.
A.
A.
A.
A.
A.
A.
A
A.
A.
M arch........ 510 5 10 510 510 511 512 511 512 513 513 512 512
513 513 512 512
Mar.-Apr .. 5 10 510 510 510 511 512 511
514 5 14 5 1 3 513
A pr.-M ay.. 511 511 511 511 512 513 512
516 5 16 514 514
May-June.. 513 513 513 513 514 5 14 514
6
17 5 17 5 16 516
516
516
June-July.. 615 5 15 515 515 5 16
518 518 518 518
July-Aug .. 516 516 516 516 517 517 517
5 20 5 20 519 519
A ug.-Sept.. 517 517 517 5 17 518 519 518
5 15 515 514 5 14
Sept.-Oct... 513 513 513 513 514 514 511
Oct.-Nov ...
B R E A D ST U FF S.
F r i d a y . P . M ., M a rch 4 ,1 8 8 7 .
The flour market has changed but little in the past week.
Patents and other high grades are better, but more in tone and
demand than in prices, for the improved inquiry was freely
met at the late decline, stocks having somewhat accumulated
during the recent strikes and.bad weather. To-day there was
no change, except that buckwheat was closing out at a sharp
decline.
Satur.
L v e rp o a l, stea m a.
Do
s a l l .. .d .
Havre, stea m . . . e .
D o s a il..........e.
Bremen, s t e a m .. e.
Do
s a i l ___ e.
H am burg, steam , c.
Do
s a il..-.c .
Amst’d ’m , stea m c.
D o v ia L e ith .d.
R eval, s te a m ___ d.
Do
s a il.......... d.
B arcelona,steam d .
Genoa,steam .___ d.
Trieste, s t e a m .. .d.
A ntw erp, steam .d.
B32
3i 6® k
M on.
k
k
Wednes.
k
Thurs.
F ri.
764
764
»a
s ia ® k
... .
....
... .
....
6 ie ® k
® ie ® k
....
1S32
Bi6®38
6i e ® k
....
... .
1332®716
lS32
....
Tues.
....
... .
... .
...
1SS2
1S32
....
... .
%
«6
k
k
....
... .
... .
... .
45*
40*
40*
....
... .
73 2 ® k
73 2 ® k
73 2 ® k
40*
....
73 2 ® k
40*
....
k ® 7ie
....
....
....
»BS4 7jt2®iB64 732®î564
1b64
7BSi
1B64
9S2
933
938
964 * 532 k a 5sa k® 532
... .
732
732
932
k®9¿4
—
13£4
re33
....
k
••••
40*
—
3ie
....
S16®732
7sa
8la ® 732
732
9S2
932
k ® 964 1k®9t4
The speculation in wheat opened with a considerable show
of strength. The very large purchases for export which were
reported last week, and a material reduction in the visible
supply, gave the bull party some revival of confidence, but
the advices from foreign markets received by cable were dis
couraging, and on Monday and Tuesday values were depressed,
but lower prices again led no free buying for export. The
market has since been unsettled, and to-day there was no
important feature. After ’Change prices took an upward,
turn, and futures closed
c dearer.
DAILY OLOSINO PRICKS OP NO. 2 BED WINTER WHEAT.
W ed. T h u r».
Tues.
M on .
Sat.
89k
89
88k
M arch d e liv e r y ................ ... 88k
9 k
90
89k
A p ril d e l i v e r y ............... ... 8 ik
9 Ík
90k
91k
90k
May d e liv e r y .................... ... 90k
90%
91k
91k
91k
J u ñ e d e liv e ry , — .......... ... 91
91%
92
9 lk
92k
A ugu st d e l i v e r y ........... ... 91k
S3
92 k
9278 92k
S eptem b er d e l i v e r y .. . . ... 92k
96
95%
96k
96k
D ecem b er d e liv e r y ........ ... 36
F t l-
90
90k
91%
92
92k
93
96k
The market for Indian corn was without n-w features until
the close of Tuesday, when the small deliveries on March con
L i v e r p o o l . —By cable from Liverpool we have the following tracts caused some irregularity, prices being dearer for
statement of the week’s sales, stocks, &c,, at that port, We prompt delivery but cheaper for futures. A premium con
tinued to be paid for dry samples of the crop of 1885. To-day
add previous weeks for comparison.
* P e r 1 00 lb s.
1522
c h r o n ic l e .
th e
the market was without decided change with trade and
speculation alike dull. After ’Change the market became
quite buoyant and futures closed ^ @ l c . dearer, with spots
dearly nominal.
DAILY CLOSING PRICES OF NO. 2 MIXED CORN.
Sat.
48%
4 8%
4 8%
4 8%
M on.
4 8%
48%
49
4 9%
Tues.
49
48%
48%
48 Si
Wed.
49%
49
49
49%
Thun.
49
488s
488s
48%
F ri.
50
49%
49%
4 9%
Oats have further declined, the trade buying sparingly and
the speculation lacking spirit. There was, after ’Change a
fractional improvement in values, but it was mainly specuiaDAILY CLOSING PRICES OF NO. 2 OATS.
"M arch d e liv e ry .....................
■April d e liv e r y .................
M a y d e liv e ry . . . . . . . . . . . . .
•June d e l iv e r y ......................
Sal,
34%
34%
34%
34%
Mon.
3 4%
3 4%
34%
34%
Tues.
34
34
34%
34%
Wed.
34
34%
3 4%
34%
F r i.
34%
3 4%
34%
3 4%
Thun.
33%
3 4%
3 4%
34%
Rye has been dull, and prices are barely sustained. Barley
thas been dull, drooping and unsettled. Barley malt has been
«low of sale, and prices have favored buyers, though showing
n o material decline. Buckwheat is lower.
The following are the closing quotations :
flour.
b b l. # 2 40® $3 0 0 |Southern b a k e r s ’ and
2 45*® 3 25
fa m ily b r d s . . $ b b l $ 4 0 0 9 $ 4 40
S p r in g w h ea t e x t r a s . 3 2 5 » 3 5 0 R y e flou r, s u p e m n e .. 2 7 5 » 2 9 0
<M in n , olea r an d s tra ’t . 3 6 0 » 4 50 „ F i n e ............................. 2 2 0 » 2 30
W in te rsh lp p ’ g e x t r a s . 3 3 0 » 3 6 0 0 >rn m eal—
W in ter X X dt X X X . . 3 8 0 » 4 30
W estern, < fc o ..... . . . 2 4 0 » 2 75
P a te n ts .......................... 4 2 5 » 5 0 0
B ra n d y w in e .............. 2 7 5 » 2 80
’Southern snoers...... 3 2 0 » 3 4 0 B ’k w h ’tiI o u r ,$ lO O lbs 1 5 0 » 1 75
«o u th ’n co m . extras.. 8 5 0 » 3 9 0 j
ttdp e rnne .... . . . . . . . . .
W h e a tS p rin g , p e r b u s h .
S p r in g N o. 2 . n ew
B e d w in ter, N o. 2
J te d w i n t e r .........
W h it e ......................
C o r n —W est, m ix e d
W est. m ix . N o. 2 .
W est, w h ite ..........
W e s t , y e llo w ........
■White S o u th e rn . .
■Nellow Sou th ern .
GRAIN.
R yeS tate & P a ., $ bush. 5 6
O ats—M i x e d ........ . . . . . 3 3
W h ite ............................. 3 5
o
»
a
59
86%
40
No. 2 m ix e d ......... 34
»
35%
83 »
96
9 0 H 9 1%
8 9 % » 9 1%
82 » 9 5
84
94
47
51
49
5 0%
47
61
47
51
52
58
48
51
N o. 2 w h it e ................. 8 6 «
37%
B a r le y —C a n a d a ..........6 8 »
75
T w o-row ed S ta te ___ 58 »
60
S ix -row ed S t a t e ... . 6 2 »
65
M alt—State, 6 -ro w ed. 7 5 »
78
S tate, 2 -ro w e d ......... 68 »
70
C a n a d a . . . . , ............. 8 0 »
90
Peas—C a n a d a ................. 6 4 »
65
The movement of breadstufts to market is indicated in the
«rtatemente below, prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at Western
teke and river ports, arranged so as to present the oompara« v e movement for the week ending Feb. 26, 1887, and since
July 81, for each of the last three years:
■Receipt» at—
C hicago.......
Milwaukee..
T oled o........
■Detroit........
^Cleveland..,
¿St. L o u is ....
•SBeoffia...,...
'® rluth.........
•Tat. wk.»87.
Sam e wk.'8 (.
Sam e wk.’85.
Since July M
4
1886-7..
4885-6..
1884-«.. ..
Flour.
Wheat.
Oom.
Oats.
Barley. 1
BbU.iMlb* Bush.60 lb* Bush.66 lb* D imA.82 lb* D imA.48/7m>L
81,-IIS
93,389
590,897
567,624
231,707¡
43,509
91,525
40,770
72,950
77,850j
4,e25
76,232
45,515
3,653
1,322
2,61?
40,099
41,729
22,005
27,782
4.268
47,500
13,500
37,800
4,250
15,699
87,023
249,415
85,000
57.193]
ses
8,70 L
143,850
104,075
21,600
10,286
152,641
159,413
150,623
449,744
441,094
1,113,229
1.125,677
2,883,902
2,815,233
893,110
993,665
1,053,941
421,204
462,882¡
466,124]
Rye.
9,416
1,960
1,675
6,059
6,000
25,110
83,092
77,084
6,354,013 65,823,929 54,879,469 41,559,306 17,665,143
1,505,661
6,010,369 44,538,873 58,585,971 37.896.068
16,«65,916¡ 2,323,587
6,196.291 83,103,214 58,724,010 87,364,546
13,033.9471
%
at tbe same ports for the period from Jan,
i to Feb, 26,1887, compare as follows for fouryears:
IVou XL1V,
Wheat,
i n store at—
bush.
New Y o r k . . . . .
6 .6 6 9 .4 3 9
Do a flo a t ...
2 50 .00 0
A
11,022
„ lb„a n y . ________
B uffalo.................... 2 ,3 6 0 ,5 8 4
C hicago............
1 3 ,0 73 .5 5 1
Do a flo a t ......
2 2 2 ,1 2 0
M i l w a u k e e ..... . . 3 ,8 1 5 ,1 7 7
Do a flo a t ......
D u lu th.................... 10,2 3 5,382
„ D o a flo a t..........
1 41.000
T o le d o .................... 3 ,8 1 9 .5 1 7
22,5 00
D o a flo a t..........
D e tro it.................... 2 ,5 7 0,45 5
O sw eg o...................
12-L500
8t. L ou is................. 3 ,3 2 6,58 9
C in cin n a ti............
5 2,000
B o s t o n ...................
2 8 3 ,4 9 8
T o ro n to ...................
173 ,33 4
M o n tr e a l..............
2 9 6 .5 0 1
P h i l a d e lp h ia .....
6 4 9 .9 0 7
P e o r ia ..... . . . . . . .
7,v32
In d ia n a p o lis ........
1 07,630
K ansas C ity ..........
2 4 9 ,3 2 5
B a lt im o r e . . . . . . . .
4 4 9 ,2 9 9
D o a flo a t ......
......
M in n e a p o lis.......... 7 ,6 1 2 .8 6 2
St. P a u l................
8 7 5 .0 0 0
Ou M is siss ip p i...
4 3 ,5 0 0
O n la k e s ................
9 4 ,0 0 0
On ca n a l & riv e r.
5 4 ,2 0 0
O om ,
Oats,
bush.
bush.
2 ,1 5 1 ,0 3 9 1 ,1 1 4.02 7
3 3 ,6 0 0
........
1 8,0 00
7 0 .5 0 0
2 5 1 ,6 1 7
24.8 03
5 ,4 9 5 .0 9 9 1 ,0 4 7,99 6
2 ,1 4 8 ,4 3 0
1,7 8 0
3 ,5 3 6
8 6 ,4 1 2
2 1 ,4 9 2
5 3 .4 0 0
8 0 ,0 0 0
3 ,6 8 6 ,7 1 4
6 0 ,0 0 0
1 79 ,06 8
13*, 187
38<L557
1 2 6 .0 0 0
4 2 3 ,6 1 0
18, ¿3 9
1 0 5 ,4 »9
9 0 716
9 3 1 ,100
3 0 4 ,2 7 0
2 0 ,6 9 9
60,7 08
161,779
3 2 1 ,T75
5 8 .3 9 0
3 9 3 ,66 1
5 36 ,12 3
3 5 6 ,4 0 0
R y e,
B arley
bush.
busi
4 3 ,0 0 4 192.74
IO .000
60,000
18,3 00 183,000
33,8 08 227,036
159,916 212,320
1,7 9 4
322^554
3 7,5 99
16.800
4 2 ,4 29
19,0 00
1,521
4 ,2 4 9
1 2 ,7 9 1
1 4 ,7 7 7
1 ,0 4 2
3 .3 4 6
14,163
*20,900
45,104
25,000
59,666
209,733
60,654
7,085
3 1 ,8 0 0
T ot. F e b . 26, ’ 8 7 . 5 7 ,6 2 7 ,2 2 5 1 6 ,1 34 ,0 1 5 4 ,7 3 6 ,0 1 6
4 2 8 ,3 4 8 2,042,011
* M inn eapolis an d 8 c. P a u l n o t in clu d e d .
THE
DR Y GOODS T R A D E .
N e w Y o r k , Friday, P . M., March 4, 1887,
The week under review has developed a m uch more active
business m jobbing circles, and a fairly satisfactory distribu
tion o f dry goods.adapted to the com ing season was made bv
m ost o f the leading j'obbers. Retailers from all parts of the
country were well represented in this m arket, and their pur
chases for the com ing season, although conducted upon a
conservative basis, were liberal in the aggregate am ount. At
first hands the dernaad was on ly moderate as regards trans
actions w ith buyers on the spot, but numerous re-orders were
received from W estern and Southern markets, accompanied
by cheering reports in regard to the progress o f the spring
trade. M en s-wear woolens have show n more animation than
for som e tim e past, but the clothing houses are still cautious
m their operations, despite the prevailing low prices. Staple
cotton goods other than print cloths— which have suffered a
fractional decline— are very firm ly h e ll, and the tone of the
general market is exceptionally steady, because o f the limited
stocks in the hands of agents and at the mills.,
D omestic Cotton G oods.— The exports of cotton goo la
from this port for the week ending March 1 were 5.633 pickages, and the principal shipments were mi le as follows•
Cnina 2.874 packages, Great Britain 1,276, Venezuela 308.
Hayti 286, Hamburg 151, Mexico 116, Brazil 115, Central
America 10c, <Kc. Brown cottons continued in good demand
and many Eastern and Southern brands of sheetings are
actually scarce. Bleached and colored cottons were in steady
request, and prices remain firm all along the line. Print
cloths were quite in demand, and prices favored the buyer,
extra 64x64s having receded to 3 7-16c„ less 1 per cent, while
some sales of 56x60s were made at 2^o. Shocks last Saturday
and for the three previous years were as follows:
Stock o f P r in t Cloths—
H e ld b y P ro v id e n ce m a n u f’rs.
F a ll R iv e r m a n u fa ctu re r s...
P ro v id e n ce sp e cu la to rs..........
O u tside specu la tors (est).......
Feb. 2 6 ,
1887.
4 5 ,0 0 0
6 4 ,0 00
4 7 ,0 0 0
2 2 ,0 0 0
T o t a l sto ck , (p ie ce s)............. 1 7 8 ,0 0 0
Feb. 2 7 ,
1886.
1 0 3 .0 0 0
6 3 .0 0 0
2 5 6 .0 0 0
2 5 .0 0 0
Feb. 28, H arch . 1.
1885.
1884.
490, .>00
1 6 0 ,0 0 0
4 1 2 .0 0 0
2 5 5 .0 0 0
3 2 0 .0 0 0
2 6 0 .0 0 0
3 5 0 .0 0 0
7 5 ,0 0 0
4 5 2 ,0 0 0 1 ,5 7 2 ,0 0 0
750,000
Prints were in fair demand, and there was a fairly active
movement m ginghams, seersuckers, cotton wash dress fabrics,
186 7 .
*1886.
white goods, quilts, scrims and table damasks.
*1 88 5 .
*1884
T l o u r .............b bla .
2 ,3 5 3 ,7 8 6
1 ,8 2 3,72 9
2 ,3 3 0,61 3
2 ,1 5 4,67 1
D omestic W oolen G oods —There was a fair business in
W h e a t ........ b a s h .
Clothing woolens, but the demand was somewhat irregular
5 .9 1 0,15 7
1 ,4 0 8.80 0
5 ,6 3 0 ,9 6 6
3
.1
1
2
.1
6
3
'C o r n . . . . . . . . . . . . .
8 ,1 2 0.50 2 2 0 ,4 4 0 ,3 0 6
Heavy ca^si meres were
1 9 ,4 3 0 ,5 3 2
9 ,0 6 7 ,0 0 4 and transactions averaged light.
‘O a t s . . . . . . . . .
4 ,8 >0,659
5 ,2 5 7,88 1
4 ,7 8 5,26 3
3 ,1 7 1 ,6 4 5 fairly active, consideraole orders for both all-wool and cottonB a r l e y . .................
1 ,0 0 1 ,8 3 6
1,318,733
1,3
1
7,10
3
1
,4
3
3
,7
4
8
'B y e . . . ....................
warp makes having been booked by the commission houses.
1 10,201
80,9 99
1 86 ,73 4
3 s 5 ,5 7 3
tn
Worsted coatings and suitings have shown less animation than
T o ta l g r a in ....
2 0 ,0 3 3 ,6 1 5 ” 2 8 ,5 0 6 ,7 1 9
3 1 ,3 5 0 ,5 9 3
1 7 ,1 7 0 ,6 3 3 expected, and their production has been curtailed by some of
the leading mills, in order to keep stocks within reasonable
I n c lu d e on e w e e k ex tra .
Inmts. Cloakings and Jersey cloths continued in fair request,
^T he
f r o m t h e s e v e r a l s e a b o a r d p o r t s f o r t h e w e e k anddearahleraakes are fairJy held by agents, some grades
e n d i n g F e b . «0 , 1887, a r e s h o w n i n t h e a n n e x e d s t a t e m e n t ;
of the latter having undergone a slight advance. Kentucky
jeans and doeskins were in better demand, and there was a
E xp orts
Wheat.
fr o m —
O om .
F lou r.
fair movement in satinets on account of baci orders. For
Oats.
R y e.
Feas.
seasonable styles of all-wool and worsted dress goo is there
B u sh .
B ush .
B bls.
B ush.
B
ush
.
B
u
s
h
.
was a steady re-order demand, and some good sized orders
Mew York 1,009,065 3 6 7 ,6 4 9
8 9,0 44
3 ,6 0 4
9 ,9 9 1
1
0,086
Boston... 141,438
for all-wool fabrics adapted to the fall trade were placed with
2 4,1 36
3 0,5 24
3 6 ,5 1 0
Portland.
40,3 14
3,1 0 1
4 ,8 0 0 the commission houses. Flannels and blankets ruled quiet, as
N . N ew s.
1 1 0 ,5 0 0
4 6,7 00
5 ,3 9 0
usual «it this time of year, but prices are steadily maintained,
JPhlladel.
7 5 ,5 0 0
108 ,0 b 7
13,9 64
10,000
and stocks are m very good shape as a rule.
•Baltlm’r* 1 41 .80 5 5 81 ,55 2
4 9 ,1 26
NT. Orl’ns.
60,5 61
2 0 6 ,1 3 2
9 14
«
D r y Goods. — The demand for imported goods at
JRiobm’nd
3 ,8 0 0
first bauds was only moderate, but a fair distribution was
T ot. w’k 1,5 7 9,18 3 1 ,3 3 7,26 6 1 95,863
made
by
jobbers.
Dress goods were in fair request, and de
3 ,6 0 4
1 9 ,9 9 1
5 1 ,3 9 6 sirable fabrics are steadily held. Dress silks *ere more or
dä’me time
1886.
8 19 ,58 4 1 ,6 8 4,05 6
134,985
7 7 ,5 2 6
8 2 ,4 25 less quiet, but a good business was done in ribbons. Linen
i n d u i t e goods, laces and embroideries, continued in pretty
good demand, but hosiery and gloves were less active than
™?ble 8"PP1y of gram, comprising the stocks in granary of
late. Men’s-wear woolens were in irregular demand and
the principal points of accumulation^ lake and s S S ^ d
upon the whole sluggish, only a few specialties having com
¿porte, and in transit by water, Feb, 26, 1887 :
manded attention.
March
THE CHRONICLE.
5, 1887.J
g a tto ,
antX %vo1ktxs O ut of 11**** IfoHL
PENN S Y L . VAN IA.
N E W EN GLAND.
E. y ? . Clark & C o .,
Brewster, C ob b
& Estabrook,
BAN K S.
ea a St u r g e s . P rest.
F. W . Go o k in , Asst. Cash.
Nortli-i-Western
vu
N at’l Bank,
CH ICAGO , ILLIN O IS.
Capital, $ 2 0 0 ,0 0 0 . S u r p lu s , $ 5 0 ,0 0 0 .
This Bank holds in addition *1,000,(K)0 U . 8. * per
sent Bonds at pai. pledged by its stockholders fo
fho nrntpetlon o f its customers. 8aid bonds are
nledged as above, instead o f being held by the Bank
ajTaDart o f its legal surplus, to avoid what we think
nniust and excessive local taxation.________________
BANKERS AND BROKERS,
N o . 3 5 S o u th T h ir d St., P h ila d e lp h ia .
Bailroad, Municipal and other desirable Invest
ment Securities fo r sale.
. ,
.
Transacts general banking business. Allow tntere8Members o f the Philadelphia and New York Stock
Exchanges, and connected b y private wire witn new
York.
Bank o f Buffalo,
C A P I T A L ,............................... $ 3 0 0 ,0 0 0
Narr & G erlach,
Texas N ational Bank,
SAN A N T O N IO , T E X A S .
INVESTMENTS MADE.
Correspondence invited.____________
W. T. B l a c k w e l l , P rest.
P. A . W i l e y , Cashier.
T h e Bank o f D urham ,
DURHAN,
b. p
MBivmBDH OF THE NEW YORK AND
BOSTON STOCK EXCHANGES.
D ealers In m u n ic ip a l, S tate, R a ilr o a d
a n d U n it e d S tates R o n d s .
Swan & Barrett,
BANKERS
Dealers In Government, State, County, City and R ail
road Bonds, Bank Stocks, Ao.
Desirable Investment Securities constantly on hand
AND DEALERS IN FOREIGN EXCHANGE,
W ESTERN.
MEMBERS
New York and Philadelphia Stock Exchanges.
Pittsburg Petroleum, Stock and Metal Exchange.
Private wires to New York, Boston, Philadelphia,
Baltimore and Washington.
g ik a u d .
P .I .T T S B U R G ,
ESTABLISHED
HOUSTON, T E X A S.
ESTABLISHED 1871.
AVENUE.
B A L T IM O R E .
Prompt attention given to all business in our line.
N. Y. Co r r e s p o n d e n t s .—Importers’ & lraders
National Bank and National Bank o f the Republic.
X E. Bu r r u s s . Pres’t.
A . K. W a l k e r , Cashier.
First N ational Bank,
W I L M I N G T O N , N . C.
Collections made on all parts o f the United States.
MERCHANTS’ NATIONAL
BANK,
R IC H M O N D , V IR G IN IA .
Collections made on all Southern points on best
terms: prompt returns.
_
v
y
JOHN P. BRANCH, President.
John F. G l e n n . Cash. Fr e d . R. Scott , Vice-Pres t
SO U TH E R N .
T H O M AS B R A N C H A CO.,
^Correspondence solicited and Information furj;, Y. Correspondents—McKim Brothers A Co.
BANKERS,
No.
7
SOUTH
B A L T IM O R E ,
TRANSACT A GEN ERAL DOMESTIC
FOREIGN BANKING BUSINESS.
BANKERS AND BROKERS,
St a t e Ba n k B u il d in g ,
ipposiTK
second
St ,
AND
3 2 SOUTH STREET,
BALTIM ORE,
P a u l L ic h t e n st e in ,
H . R. B a l t z e r ,
President,
Vice-President.
R. V . Ma r t in s e n ,
W . E. Ma n t iu s ,
Treasurer.
Secretary.
G. W . H a l l , Sup’t.
M D,,
ü a tes.
S T O C K S and B O N D S
A t A u ction .
The Undersigned hold REGULAR AUCTION
SALES, of all classes of
\EVV ENGLAND.
AD R IA N H . M U L L E R & SON,
STOCKS
AND
BONDS,
ON
W EDNESDAYS AND SATU RDAYS.
NO. 12 PINE STREET, NEW YORK.
Jo sh u a W il b o u b ,
Ch a r l e s H. Sh e l d o n , J b
S b n ja m in A. J a c k so n , W il l ia m Bin n e y , J r .
(E Q U I T A B L E B U I L D I N G .)
W ilbour, J ackson & C o ., SECURE BANK VAULTS.
BANKERS AND B R0K E R 8,
No. 5 2
W EYBOSSET
STREET,
PR O V ID E N C E , R . I.
D ealers in Com m ercial Paper. G overn m en t and
■ther Arsi-cla s s Bonds and se cu ritie s and F oreign
Hartridge,
Tolei/ranh w ire to New York and Boston
Joseph G . M artin,
G A ,,
SE C U R IT Y
B R O K E R .
Buys and sells on commission all classes o f Stocks
and Bonds.
Negotiates loans on marketable securities.
New York Quotations furnished by private ticker
every fifteen minutes*.
R u c tio n
H ave W e ste rn U n ion w ires in th e ir offioes, by
.jean s o f w hich Im m e d ia te c o m m u n ica tio n can be
lad w ith all co m m e rcia l p o in ts in th e c o u n tr y . K siccial a tte n tio n g iv e n t o p u rch ase and sa le o f V ir
ginia C on sols, T e n -fo r tie s , D e fe rre d and all issu es
( th e S tate, and t o all cla sses o f S ou th ern State,
it y and Railway S ecu rities. C o rre sp o n d e n ce s o _______
i cite d .
VA.
Private wires connecting with Washington, Baiti,
more, Philadelphia and New York
New York co irespoiident.s. Prince & Whitely.____
Co.,
48 E X C H A N G E P LACE.
STREET,
M ERCHANTS,
C. W . Branch ct C o.,
SAVANNAH ,
COLORADO CENTRAL
R obert Garrett & Sons, Consolidated Mining
V IR G IN IA .
Circulars an d In form ation on fu n din g the debts oj
Virginia and N orth Carolina fr e e o f c o s t ; one-eigbtt
per cen t charged fo r fu n d in g. S outhern Railroad
and 8tate and City B on os bought and sold.
A. L
DO hi n o o f Counties, Cities, &o., o f high grade *
pUINUO specialty. S e n d f o r D e s c r i p t i v e L ist* .
W m . Fisher & Sons,
BROKER AND DEALER IN A L L KINDS OF
SECURITIES.
Bonds and Stocks bought or sold on com m lssioi;
Georgia and Alabama ¡securities specially dealt in.
Correspondents: Tubey It Kirk and A . Dutenhoter.
New York.
■*
R eferences: Atlanta National Bank, Atlanta, l*a.,
and Fourth National Bank, New York.____________
R IC H M O N D ,
C o .,
IJ X tn iu g .
B A L T IM O R E .
BANKERS,
COM M ISSION
Dealers in Western Securities and Local Bonds,
Stocks and prime Commercial Paper.
(INVESTMENT and SOUTHERN SECURITIES a
And Dealer» In G overnm ent*, Stock*
and Investm ent Securities,
AND
STREET,
BANKERS AND BROKERS,
(M em bers o f B altim ore S to ck E x ch a n g e ),
H um phreys Castleman,
R IC H M O N D ,
OLIVE
CHICAGO and BOSTON.
A'I L A N T A .
^ANKERS
317
N . W . Harris &
German N ational Bank, W ilson, C olston & C o .,
L IT T L E R O C K , A R K AN SA S.
C apital ( y*aid In ) - - - - $ 2 0 0 ,0 0 0
P. F. Keleher & C o .,
S T . L O U IS .
Oldest Pittsburg members N. Y. Stock Exchange.
C a p it a l,
# * 0 0 ,0 0 0
Collections receive our special attention and are
promptly remitted for.
J. G. Fletcher, i STATE BANK, )C . T. Walker,
President. I Incorporated 1875. J
Cashier.
Investment Bankers, Cleveland, Ohio.
Sp e c ia l t ie s : Town, County and City Bonds; Lake
Superior Iron Mining Stocks. “ Republic,” “ Cham
pion,” “ Cleveland” and “ Jackson.” St r e e t R a i l
w a y s —Denver City Street Railway Co., o f Denver,
Col.; Street Railway Co., o f Grand Rapids, Miami
Metropolitan Street Railway, o f Toledo, Ohio,
PA.
BANKERS AND BROKERS,
N o. 57 F O U R T H
Chas. H . Potter & C o .,
1871.
W hitney & Stephenson,
Cashier.
Commercial National Bank,
A ND B R O K E R S ,
1 8 6 m id d le S treet,
P O R T L A N D , M A IN E .
N . C .,
. h il l ,
R .A .
V lce-Pres’t.
STREET,
R ea Bros. & C o .,
Paj Special Attention to Collections.
H. Ga r d e s ,
President.
C O N G R E SS
BOSTON.
42ft W o o d Street, Pittsburg, P a.
FIRST-CLASS FACILITIES.
New York Correspondents.—The National Park Bank
and seventh Ward National Bank._____
,
85
ALSO,
B A N K E R S A N » B R O K E R S ,
No. 437 CHESTNUT STREET,
P H IL A D E L P H IA .
Members o f the Philadelphia and New York Stock
B U F F A L O , N. Y .
Exchanges.
mvia bank has superior facilities for making oollec- Cable Transfers, Bills o f Exchange and Letters o f
tions on all accessible points in the United States,
Credit.
Canada and Europe. Liberal terms extended to acnnnnta o f bankers and merchants.
. _
.
Co r r e s p o n d e n t s —New York, National Shoe &
Leather Bank; Union Bank o f London.
j.g . ALEXANDER, Pres. A. A . ALEXANDER, Cash’r.
BANKERS AND BROKERS,
COLLECTIONS AND
BANKERS,
NO.
STOCK B R O K R ,
AND
E A LE R IN INVESTMENT SECURITIES
N o . 1 0 S tate S tree t, B o s t o n .
WELDED CHROME STEEL AND IBOH
In Round and Flat Bars, and 5 ply Plates and Angle*
FOR SAFES, VAULTS, *0 .
Cannot be Sawed, Cnt or Drilled, and practically
Burglar-Proof.
CHROME
C irculars F ree.
STEEL
W ORKS,
BROOKLYN, N. Y
r fli
THE CHRONICLE.
'Sxnst 'Wompmuits.
U nion Trust
OP N E W
Qtnst ©omp attics.
r
j
This company Is a legal depository fo r moneys paid
Into court, and is authorized to act as guardian oi
trustee.
INTEREST A LLOW ED ON DEPOSITS, *
which may be made at any time, and withdrawn aftei
five days’ notice, and will be entitled to interest foi
the whole time they may remain with the company.
Executors, administrators, or trustees o f estates
and females unaccustomed to the transaction o f busi
ness, as well as religious and benevolent institutions
will find this company a convenient depository foi
money.
JOHN A . STEW ART, President.
m
W IL L IAM H. MACY, Vice-President
JAMES S. CLARK, Second Vice-Pres»
TRUSTEES:
Dan. n . Arnold, D. Wiuig James,IRobt-B.Mintum
Thos. Slocomb, T°?n v Astor,
Geo. H . Warren
Charles E. Bill, John A . Stewart, George
Bliss,
Wilson G. Hunt, SfMjBaoki’gham, William Libbey,
Wm. H. Macy,
l i . E. Lawrence, John C. Brown,
Clinton Gilbert, Isaac N. Phelps, Edward Cooper,
Daniel D. Lord, Kras tug Coming, W .Bay’rdCuttlng
Samuel Sloan,
9 ? R en d on , Chas. S. Smith,
James Low.
Wm. W . Phelps John H. Rhoades, Wm.Rockefeller,
HKN r v ’ t
A lex. E. Orr.
t j, . . . * L . T H O R N E L L . HecrptArv
LOUIS G. H AMPTON. Assistant Secretary.
American Loan & Trust Co,
113 BR O A D W AY, NEW Y O R K .
Capital, Fully Paid....... ............... 9 1 ,0 0 0 ,0 0 0
LÖ
A N 8 TRUST
A GEN ERAL
JjUAJN,
i r u s t a n d f i n a n c i a l b u s in e s s .
Receives Money on Deposit subject to check, and
allows Interest on balances.
A ll Checks pass through the Clearing-house.
MAKES INVESTMENTS OF MONEY.
ACTS a ? tEXECUTOR. ADM INISTRATOR,
GU ARDIAN , TRUSTEE, ETC.
^
ALSO, AS REG ISTRAR AND TRAN SFER AGENT
Mercantile Trust & Deposit
r
c o K
B A L T IM O R E .
Authorized to act as Executor. Administrator
Guardian, Receiver, or Trustee, an j is
'
A LEGAL DEPOSITORY FOR MONEY.
Accepts the transfer agency and registry o f stocks
Trustee o f mortgages or corporations.
o t Property, collects and remits Inincome promptly, and discharges falthfully the duties o f every trust known to the law.
Money received on deposit. All Trust Assets kent
separate from those o f the Company.
Kept
. , ? i i rS'ar‘ psr? o f Safes and Boxes (having chrome
steel doors) to rent at $10 to $100 per annum in their
L A R ^ H o X Dv i i , ™
8teei BIKB AND BURGThme L ocka
V A ULTS, Protected by Improved
„.W ills kept In vaults without charge. Bonds and
Stocks, Plate and all Valuables securely kept under
guarantee at moderate charges. Paintings Stater
ary. Bronzes, etc., kept In «re-proof vaults.
'
JOHN GILL, W . W. SPENCE,
L. C. FISCHER
President.
Vice-Pres’t.
TreasT&Sec
DIRECTORS:
W . W . Spence,
Louis McLane,
Christian Devries Robert Lehr,
C.MorPn Stewart W . A. Tucker,
Robert Garrett, Jas. Carey Coale,
has. D. Fisher, Oliver A. Parker,
eo. P. Thomas. W . H.Whltridge,
O. H. Williams, J. A . Hambleton,
Andrew ïRéid,
Thos. Deford.
8
¡John E. Hurst,
Stewart Brown,
W . H. Blackford
E. A. Jenkins,
Bernard Cáhn,
J.W illcox Brown
A lex. Frank,
John Gill.
T h e U nion Trust C o .,
611 AND 618 CHESTNUT STREET,
P H IL A D E L P H IA .
Authorized Capital........... ..
t i non non
Paid-up Capital...............................* ,****''.***.1 500,000
A cts as Executor, Administrator, Assignee, etc
th^law ?°UteS trusts 01 ®v®ry description known to
Company8* a8sets kept separate from those o f the
B u rgi^ -P rp of Safes to rent at $5 to $6C per annum
W ills kept In vaults without charge,
gimriantee. ° 0l£S and other valuables taken under
Repository fo r Western Mortgage loans, bearing fi
antee§6r C6nt lnter®st. Principal and Interest guart
re.LJ?,oeATe<1. on deposit at interest.
J A £ v¥ ^ <^.?E®?> JOHN G. READING. V .-Pres’t
MA.HLON S. STOKES,.Treasurer & Secretary.
D. R. PATTERSON, Trust Officer.
.DIRECTORS.
James Long,
]A lfred ti. Gillett, Joseph Wright,
T um or W
m 8
a . Price, ’
Dr. C. P. Turner,
Wm.
John T. Monroe,
W . J. Nead,
Thos. R. Patton, J. G. Reading,
W m . H . Lucas, D .H .Agnew .M .i’ Jos.
I. Keefe,
R ob’t Patterson, Theo. C. Engí 1, Jacob
Nayler,
Thos. G. Hood,
William' Watson,
Rôily, H a r r is b u r g , Pa. J. Simpson AfricR
*
tow n;
X
2 epo,ltor for Court
,A m
l ! Ä
R.8T 0H ' Tr“ * ™ -
Ä S Ä S ’S iv ,
jo S t t s s f™
'
R ow Aa vn*
G’
gSohoRS H m “
Wm
b
d
™
J
M S^BF ' ,
S
tevenson
F R K B E H IC A . P O T T S ,
“ ’ JA.0H
N R0S8’
lexan der
Ä
a
ürke
a
s
g.
Bl a c k ,
w
.
B u ild in g, 2 5 W all St,, N ew Y o r k
P A I D U P C A P I T A L , $ 1 ,0 0 0 .0 0 0 .
Designated as a -legal Depository by order o f Kn.
preme Court. Ueoeive deposits j# money on interest.
a« ent’ or trustee for c c u r a ?
nr
execute any legal trusts from
^ f c i a ^ c o m p a f f i e s . ° “ “ favorable terms "
THOMAS HILLHOU 8E Presidnnf
.
OFFICE OF THE
A T L A N T I C
M utual Insurance C o .,
NEW YORK, January 24,1887.
The Trustees, In conformity to the Charter of
the Company, submit the following Statement
of Its affairs on the 31st December, 1886:
Premiums on Marine Blahs from
1st January, 1886, to 31st
December, 1886..................... $3,809,250 53
Premiums on Policies not marked
off 1st January, 1886.............. 1,426,049 46
Total Marine Premiums.......$5,235,209 99
Premiums marked off from 1st
January, 1886, to 31st Deoember, 1886................................ $3,817,699 86
Losses paid during the same
PGriod.......................................$2,206,588 6$
Returns of Premiums and ExP®“ * » ...................................... $841,878 15
The Company has the following Assets, via.:
United States and State of New
York Stock, City, Bank and
other Stocks.............
$9,382,375 00
Loans secured by Stocks and
otherwise................................
707,100 00
Beal Estate and Claims dnb the
Company, estimated at...........
501,647 81
Premium Notes and Bills Eecelvabie................................... 1,568,134 20
Cash In Bank..............................
285,254 68
Amount................................$12,444,511 69
SIX PER CENT INTEREST on the outstand
ing certificates of profits will be paid to the
holders thereof, or their legal representatives,
on and after Tuesday, the 1st of February next
OF PHILADELPHIA,
THE OUTSTANDING CERTIFICATES of
Wo. 1340 Chestnut Street.
the Issue of 1882 will be redeemed and paid to
C A P IT A L ,
9 5 0 0 ,0 0 0 the holders thereof, or their legal representa
Receives deposits o f money payable by check and tives, on and after Tuesday, the 1st of February
allows Interest thereon; also receives fo r safe next, from which date all interest thereon wil
keeping securities and other valuables and
cease. The certificates to be produced at the
vaults
6 dep° 8lt b0Xes In borglar proof time of payment and canceled.
R eceir * e T
c ± :
A DIVIDEND OF FORTY PER CENT is
o fa n y trL\UofoyfflcLth0faithlUl Perf0rmanoe declared on the net earned premiums of the
A cts asA gen t or Attorney fo r the sale or manage- Company, for the year ending 31st December,
e? iate' and Insures titles to real 1886, for which certificates will be issued on
estate and mortgages.
and after Tuesday, the 3d of May next.
^
OFFICERS:
By order of the Board,
President—FRAN K K. H IPPLE
TH E
Real Estate Trust C o.
Secretary—W IL L IA M R. P H IL L E R
Treasurer—W IL L IA M F. NORTH
Real Estate Officer—THOMAS B. PROSSER.
DIRECTO RS:
Frank K. Hippie,
George Philler,
Henry C. Gibson,
Edward T. Steel,
Lem uel CofflD,
Charles W . Henry,
Beauveau Borie,
John F. Betz,
William M. Singerly.
j Thomas Dolan,
John Wanamaker,
R. Dale Benson.
Solicitor—GEORGE J UNKIN .'
T h e Brooklyn Trust C o .,
9Pr- <# BJout^ue&nd O taioii Sts. »Brooklyn, N.Y.
company is authorized by special charter to
totrator?CelV6r’ truStee*««ordian, execu torora d ^ in It can act as agent in th e sale or man aVermont o f
realestete. collect Interest m divid “ “ ^ ec^ fve re.
and transfer books, or make purchase and Rain
0 Rnf5X?rnp“e,1i and other securities.
“ “ BaI®
«
»
“
t s
s
’h
i i r s
R . K. Monaghan, W est Ch e s S
M etropolitan Trust C o .,
r
Ä
ROW LAN D N. H A ZA R D . President
GEORGE S. H A R T , Vice-President.
SNOW, Secretary.
_ * 5 0 0 ,0 0 0
9 2 ,0 0 0 ,0 0 0
.
N o. 4 9 W A L L S T R E E T ,
C a p ita l a n d S u rp lu s, - - - $ 6 ,0 0 0 ,0 0 *
d
act ** Executor, Administrator
Guardian, Receiver, or Trustee, and is
A LE G A L DEPOSITOR V FOR MONEY.
0^ cf®Pt? t}»e transfer agency and registry o f stocks,
j . i f “ as Trustee o f mortgages o f corporations,
interest on deposits, which may be made at
f t ? £ H ï ï V w k Wlthudr,awii on five days’ notice, with
M m pany°r the whole t,m ® they remain witk the
eonrenlence o f depositors this company
SH «.^P«?,o^1Tentv.ac,C0U? t? subject, in accordance
y j j " % rules, to check at sight, and allows Interest
upon the resulUng daily balances. Such ohecks pass
through the Clearing House.
v
—
TRUSTEES:
James M. McLean.
» eiSTL m Kent*
Ambrose C. K ingsfand,
H -T. W ilson,
« jm es H. Ogilvie,
n S ' « i ? IiB8e1'
” •T. Fairchild.
t0™0^ m 0d 1 . .
I -H . Frothingham,
James N. Platt,
George A . Jarvis,
Ç. Vanderbilt,
James Forsyth,
A . A . Low.
georee Cabot Ward,
G. G. Williams,
5 dS aw « K,ln®*
R. G. Remsen,
S w l u f t 1?7/
J. B. Johnston,
gJgvM cA W n,
Edward Schell,
Georue B. Carhart,
Amasa .<.Parker,
Tantôt 8Ttokes> _
Samuel F. Barger,
Robert L enox Kennedy, Geo. C. Magoun.
_
m i t EJCECUTIVB COMMITTEE :
W m. Whitewright,^
G. G. Williams,
James M. M cLean,.
jv. B. W esley,
J .B , Johnston,
c . D . W ood,
D. C. Hays,
C. Kingsland.
np¡W ARD KING, Rreslrient.
JAM BS M. MCLEAN, First' Vice-Pres’t
A . O . R O N A I^ fÖ N ? ^ i t e ^ ° Önd V lce- P r"*il
COMPANY, OF
O F N E W YO R K .
*
.......................... $1,000,000
M J H P U J S ,- - - - - - $2,000,000
-
i n s u r a n c e .
C om pany U nited States Trust Co,
YORK,
78 Broadway, cor. R ector S t, N. T.
C a p i t a l,
.
A u t h o r i z e d C a p it a l,
[VOL. XLTV
Joslah O. I.9W,
A lex. M. W hite,
A. A. Low,
A lex. McCue,
Mich’l Chauncey,
Wm. B, Kendall.
E. F. Knowlton, H V K. Sheldon,
John T. Martin, C. D. W ood,
Fred. Cromwell, W m .H .M ale,
John P. R olfe,
Ripley Ropes,
E. W . Corlies.
Abram B.Baylis,
H. E. Pierrepont, H. W , Maxwell,
James R o ss Cur ran . Secretary
F rederick c . Colton. Asst^fe,
ifeo’y.
G eorge
Eustis
& C o .,
b a n k e r s
C IN C IN N A T I,
,
O H IO .
J . H . C H A P M A N , S e c re ta ry .
T R U S T E E S :
J. D. Jones,
W. H. H. Moore,
A. A. Raven,
James Low,
Wm. Sturgis,
Benjamin H. Field,
Joslah O. Low,
Edmund W. Coriles,
Robert B. Minium,
William Degroot,
Horace Gray,
William E. Dodge,
William H. Macy,
0. A. Hand,
John D. Hewlett,
William H. Webb,
Charles P. Burdett,
Henry E. Hawley,
Adolph Lemoyne,
William D. Morgan,
Charles H. Marshall,
Frederick H. Cossitt,
William Bryce,
John Elliott,
James G. De Forest,
Charlea D. Leverioh,
John L. Riker,
N. Denton Smith,
George Bliss,
Isaac Bell,
Edward Floyd-Jones,
Anson W. Hard,
Thomas Maitland,
John Edgar Johnson,
Ira Bursley,
James A. Hewlett,
George H. Macy.
JOHN D. JONES, President.
W. H. H. MOORE, Vice-President.
A. A. r a v e n , 2d Vlçe-jPres’t.
fJXiscjellaurotts.
itts u r a tx c je .
The U nited States Life
Insurance C o .
Ilf t h e
C IT Y OF N E W
Crenshaw & W isner,
71 W A L L S T ., N E W Y O R K ,
COMMISSION
YORK.
THE
HAXALL
281, 262 & 263 Broadway, New York.
a Pi f b a x u
, S e c ’y . A . W
h e b l w r io h t , A m
•irely.
- All p o U d e s I ssu e d b y t h is C o m p a n y a r e
CRENSHAW
CO.,
RICHMOND, V A .
H, S e e
ORIENT GUANO MANUFACT’ G CO.,
ORIENT, L . I.
W M . T . St a n d e n , A c t u a r y .
All t h e p r o fits b e lo n g t o t h e P o li c y - h o l d e r s e x c l u -
Standard Superphosphates.
SULPHUR
in d is p u t
a ft e r t h r e e y e a r s .
p a id w i t h o u t d i s c o u n t a s s o o n
m s a tis fa cto ry p r o o f s h a v e b e e n r e c e iv e d .
This C o m p a n y is s u e s a ll f o r m s o f I n s u r a n c e , i n
cluding T o n t in e a n d L im i t e d (N o n -F o r f e it in g ) T o n -
a b le
AUD ea th C la im s
Onel m o n t h ’s g r a c e a ll o w e d in t h e p a y m e n t o f
Premiums o n T o n t in e P o li c i e s , a n d t e n d a y s ’ g r a c e
on all o th e rs , t h e I n s u r a n c e r e m a in in g in f u l l f o r c e
during t h e g r a c e .
Absolute s e c u r it y , o o m b in e d w it h t h e la r g e s t lib e r
ality, a ssu res t h e p o p u la r it y a n d s u c c e s s o f t h is c o m -
MINES
COMPANY
OF V IR G IN IA .
High Grade Pyrites free from Arsenic.
Brinckerhoff, Turner
& C o .,
Manufacturers and Dealers in
C O T T O N S A IL D U C R
^ o 'o D AGENTS, desiring to represent the Com
pany, w e invited to address J. 8. GAFFNEY, SuperInto d e n t o f Agencies- at Pom«» rnWm>._________
EQUITABLE
U N ITE D STA TES B U N T IN G CO.
assurance
s o c ie t y ,
L?A B
Ta n i t a r y 1 st. 1886..«••••*••• $66,553,887 50
O
T 4 p e r c e n t V a lu a t io n . . 52,691,148 37
A full supply, all W idths and Colors, always In stock
N o. 10 9 D uane Street.______
BAGG IN G .
a aairTQ
SURPLUS....................................................
(Surplus o n N . Y . S ta n d a rd 4 ^s p e r cen t
F in terest, $ 1 7 ,4 9 5 ,3 2 9 ,4 0 .)
Surplus oner Liabilities, on every standard o f valua
tion larger than that o f any other Life Assurance Commini/.
____
i* w ASSURANCE in 1885.................... m o u .3 7 8 00
O U T S T A N D IN G A S S U R A N C E ....................... 8 5 7 ,3 3 8 .2 4 8 0 0
Total paid Policy-H oldersln 1 8 8 6 ...... 7,138,68» 60
Paid Policy-Holders since Organization 8&2U.175 88
INCOME in 1885......................................- 16,690,063 31
M ANHATTAN
LIFE INSURANCE COM PANY,
156 & 1 58 B R O A D W A Y . N E W Y O R K .
H EN RY STOKES, President.
From Philadelphia Inquirer, Jan. 80,1884.
The new plan o f the Manhattan L ife Insurance
Company continues to meet the popular favor. It
combines the protective feature o f life insurance
with the investment feature o f the endowment
policy, while it avoids the expense attending the
latter by the ordinary method. An improvement has
also been added to this new form o f policy within
the year, which gives the assured the option at the
end of the period o f taking the endowment in casn
or of continuing the insurance for a much larger
amount without any further payment o f preinium
independent o f the condition o f health at the time
EST A.BL18HEL IN 1850
s t e a m
W A R R E N , JOMES & GRAT3F,
ST. LOUIS, M o .
.
s h i p s .
IMPORTERS OF
IRON
COTTON
TIES.
Bliss, F a b y a n & Co.,
New York, Boston, Philadelphia,
BELLING AGENTS FOR LEAD ING BRANDS
B R O W N & B L E A C H E D SH IR T IN G S
AN D SH E E TIN G S,
PRINTS, DENIMS, TICKS, DUCKS, *0.
T o w e l * , Q u ilts,W h ite
G o o d * * H osiery
D rills, Sheetings, <fc, f o r E xp o rt Trade.
ESTABLISHED 1855.
E u g e n e R« C o le ,
S T A T IO N E R
AND P R IN T E R .
Supplies Banks, Bankers, Stock Brokers and Corporations with complete outfits o f Account Books and
Stationery conoerng organiMng will have their orders
promptly executed.
No. I W IL L IA M
STR EET,
(H ANO VER 8QUARE.)
LA BRETAGNE, de Jousselin.Sat., March 5,1 P. M.
LA GASCOGNE, Santelli...... Sat., March 12,7 A. M.
LA CHAMPAGNE, Traub....... Sat., Mar. 19,1 P. M.
Travelers by this line avoid both transit by English
railway and the discomforts o f crossing the Channel
In a small boat.
. , _ _
Price of P a s s a g e (including wine):—T o H a v r e First cabin, $100 and $80 ; second cabin, $00: steerago, $22—including wine, bedding and utensils. Return tickets at much reduced rates Checks onBanque
Transatlantique, Havre and Paris,in amounts to salt
COMMISSION
MERCHANTS
No. 123 PEARL ST., NEW YORK.
Orders fo r future delivery o f Cotton executed In
New Y ork and Liverpool; also fo r Grain and Prc
visions is New York and Chicago.__________ __
G eo. H . M cFadden& Bro
Special T rain from H av re to Parla.
COTTON
MERCHANTS,
P H IL A D E L P H IA .
L iv e r p o o l Co r r e sp o n d e n t s ,
F R E D E R IC ! Ï E R E 8 A
CHARLES
B.
& CO.
TAINTER
COTTON MERCHANT,
STEEL PENS
SOU»MBMLCAMS EXPOSITION-W 7B .
T H E M O ST PEW nSPT O T W M f c J
Edw ard H .C oates & C o .,
Cotton Commission Merchants,
NO. 116 CHESTNUT STREET,
P H IL A D E L P H IA .
NO. 49 MAIN STREET,
N O R FO L K , V A .
SPIN N ERS' ORDERS SOLICITED.
R . M acready & C o .,
COTTON
EXCHANGE
B U IL D IN G ,
NEW YORK,
dold fo r Cash, or carried on Margin, on the various
•Exchanges in New York City.
J. C . Graham & C o .,
19 South W illia m St. * 51 Stone S t.,
NEW YO RK.
COTTON.
BUYERS FOR AMERICAN MIIiLS.
Selm a, M ontgom ery an d New Y o r k .
J o h n ;l . B u l l a r d .
H e n r y H.
w heeler.
Bullard & W heeler,
COTTON COMMISSION MERCHANTS
NEW YORK.
ALSO
B A G G IN G AND IR O N T IE S ,
(FOR BALIN G COTTON).
Advances made on Cotton Consignments and Speclel
Attention given to purchase and sale o f JbUTUiUfl
CONTRACTS OF COTTON.
B. F. B A B C O C K & C O .
COMMISSION MERCHANTS,
17
W a te r
Street, L IV E R P O O L ,
Receive consignments o f Cotton and other Produoe,
and execute orders at the Exchanges In Liverpool.
Represented In New York at the office o f
SAM ’L D. BABCOCK,
32 Nassau Street, New York.
AUGUSTA, G E O R G IA .
Entire attention given to purchase o f COTTON
TO ORDER for SPINNERS and EXPORTERS.
Corre spon den c e So licite d .
R eferen ces .—National Bank o f Augusta, Ga
Henry Hents & Co., Commission Merchants, N*w
Y o r k ; William B. Dana& Co., Proprietors Co h m e b .
c ia l & F in a n c ia l Ch ro n ic le , and other N*w T o i l
Houses.
________________________ _
Dennis Perkins & C o .,
COTTON BROKERS,
125 P earl Street, N ew Y o r k .
Orders fo r Spot Cotton and Futures promptlyexecuted.
F. H offm ann,
COTTON BROKER AND AGENT,
liOUIS D E B E B IA N , Agent,
JOSEPH CILLÖTTS
Liberal advances made on Cotton consignments.
Special attention given to the sale o f ootton to ar
rive or in transit fo r both foreign and domestic markets. Orders fo r Future Contracts executed in New
York and Liverpool.
.
COTTON BROKERS,
G w athm ey & Bloss,
The Compagnie Generale Transatlantique delivers
at Its office in New York special train tickets from
Havre to Paris. Baggage checked through to Paris
without examination at Havre, provided passengers
have the same delivered at the Company’s dock in
New York, Pier 42 North River, foot o f Morton St.,
at least two hours before the departure o f a steamer.
N o . 3 B o w l i n s G ree n .
NORFOLK, Y A .
Cotton Brokers & Commission Merchants
Alexander & Cargill,
0tf.
GENERAL TRANSATLANTIC CO.
Between N E W Y O R K and H A V R E .
From Pier (new) 43, North River, fo o t o f Morton St,
'P rice, R eid & C o .,
Manufacturers of Pure Jute Bagging.
ONLY
Direct Line to France.
AND
Cotton, Coffee, Grain and Petroleum Bought and
Also, Agents
120 B R O A D W A Y , N E W Y O R K .
H E N R Y B . H Y D E , P r e s id e n t.
Cotton Exchange, N ew Y o rk ,
COMMISSION MERCHANTS,
And all kinds o f
COTTON CANVAS. FELTING DUCK, CAB
COVERING, BAGGING, RAVENS DUCK, SAIL
TW INES, AO., “ ONTARIO” SEAMLK 88
BAGS, “ AWNING STRIPES.
l if e
Hubbard, Price & C o .,
M ER C H AN TS,
Standard Brands o f Flour fo r Shipment to Warm
Climates always on hand.
II. B U R F O R D , P r e s id e n t ,
gh
C n llm x .
Members o f the Cotton, Coffee and Produoe E xch’r.
AGENCY OF
(ORGANIZED IN 1860.)
G.
IX
THE CHRONICLE
5, 1 87. J
March
COTTON E X C H A N G E B U IL D IN G .
SPEC IAL ATTENTION TO COTTON FUTURES
W
alter
COTTON
&
FatmaN
BROKERS,
63 B E A V E R S T R E E T , N E W Y O R K
38 R U B D E L A B O U R S E . H A V R E .
FELL0WES, JOHNSON & TILESTON,
COTTON, STOCKS, BONDS, * « . ,
26 W ILLIAM S7BJBBT, NEW YORK.
Orders In “ Futures” executed at N>Y. Cotton E xob.
JO H N
H,
C LISB Y &
CO,,
COTTON BUYERS,
M ONTGOM ERY, A L A .
PURCHASE ONLY ON ORDERS FOR A 0OMHI8SI0S.
THE CHRONICLE
Z
„ (ü ßttO V U _____________
[M arch 5. 1887,
IPlgjCjelXattjeraag.
C o lt r a ,
» ¡
W o o d w a rd & Stillman,
Post Building, 16& 18 Exchange Place,
NEW
I N M A N , SW A N N & C o
YORK.
a t t e n t io n to o r d e r s f o r
por
BANKERS,
Id NASSAU STREET, NEW YORK,
LOANS MADK ON ACCEPTABLE SECURITIES.
S p e c ia l
i» iE
ä
W . T . H atch & Sons,
MERCHANTS,
B r a n c h Office s {
COTTON MERCHANTS,
Personal attention given at the EXCHANGE« ♦«
the purchase and sale o f STOCKS and BONDS ,12
cash or on margin.
0 I0*
DEPOSITS RECEIVED—subject to check at sight
—with interest upon balances.
0I*n'
Special attention paid to INVESTMENTS
accounts o f COUNTRY BANKERS.
an<1
Co n tr a c ts
F u t u r e D e l iv e r y o r Cotton .
New Y o rk .
COTTON, A L L GRADES, SUITABLE TO W ANTS
OF. SPINNERS
Of f e r e d
on
T erms
to
Su it .
Bethlehem Iron C om p y
W illiam s, Black & C o ., M ohr, H anem ann& C o .,
•10 and 42 Wall Street,
B A N K E R S A N D COM M ISSION M E R C H A N TS,
1
W IL L IA M
NEW
STREET,
M a n h a t ta n B u ild in g ,
COTTON
Sp e c ia l A t t e n t io n G i v e n
EXECUTED
Lehman, St e r n A Co.,
New Orleans, La.
L E H M A N B R O ’S,
F actors
AND
C O M M IS S IO N
E x e c u t io n
[8 S o u th W i l l i a m S t., N e w Y o r k .
EXECUTE ORDERS FOR FU TU RE D E LIV ER Y
Cotton Commission Merchants,
C o tto n E x c h a n g e lB u ild in g , N e w Y o r k .
in s u r a n c e
:
c o m p a n y
,
A SSETS:
United States Securities'. ......................... $177,380 00
Bank Stocks o f New York City B anks.... 111,635 00
City and other Stocks and Bonds, Loans
and Cash in Banks.................................... 330,103 13
Premium Notes, Cash Premiums, Re-in
surance and other Claims........................ 66,220 75
Total Assets January 1.1887.............. $683.480 18
W . IR VIN G COMES, President.
Special attention given to the purchase and sale o f
FU TU RE CONTRACTS
la New York and Liverpool.
SW~ This Company issues Certificates o f Insurance,
losses payable in LONDON, at its Bankers, Messrs.
BROWN, SH IPLEY & CO.
R ountree & C o .,
N orth British
G.
Schroeder
&
C o .,
Successors to W A R E à SCHROEDER,
NEW
Orders fo r future delivery o f Cotton executed la
New Tork and Liverpool ; also fo r Grain and Pro
visions in New York and Chicago.
G R A IN AND PROVISIONS
G eo. C opeland & C o .,
COTTON
134 P E A R L
& M ercantile Ins. Co.
OF
LONDON AND E D IN B U R G H .
U. 8. Branch Statement Jan. 1, 1887.
Invested and Cash Fire Assets................ $3,378,754 40
L IA B IL IT IE S:
Reserve fo r Unearned Premiums. . . .
$1,217,584 86
148,062 06
Reserve fo r Unpaid Losses................
N et ¡S u rp lu s......................................2 , 0 1 3 , 1 0 6 5 8
U . S. B r a n c h O f f ic e , 5 4 W il l i a m St ., N . Y.
CH AS. E . W H IT E , S A M . P . B L A G D E N ,
M anagers.
JA S . F . D U D L E Y , D e p u ty M anager.
YORK.
■t the NEW YORK, LIVERPOO L AND N EW OR
LEANS COTTON EXCHANGES. A lso orders for
C O F F E R
at the N EW YO RK COFFEE EXCHANGE, and
H e n r y D. K i n o , Sec. W a i n w r i g h t H a r d i e ,v .p .
$3,378,754 40
Losses paid in U. S. in 20 years .. 6 1 7 , 1 6 4 , 0 8 9 77
COMMISSION MERCHANTS,
Cotton Exchange Building,
C O T T O N
at the NEW YO RK PRODUCE EXCHANGE and
the CHICAGO BOARD OF TR AD E.
Co r r e sp o n d e n t s :
Messrs. Smith, Edwards & Co., Cotton Brokers
Liverpool.
Jas. Lea McLean, New Orleans.
in l a n d
R obert Tannahill & C o .,
M ERCHANTS,
MERCHANTS,
a n d
in s u r a n c e
COMMISSION MERCHANTS.
C O T T O N E X C H A N G E , N E W Y O R K , and
N ORFOLK, VA.
N ew Y o r k .
C O T T O N , G R A IN . P R O V IS IO N S ,
Orders executed at the Cotton Exchanges in New
S t o c k s a n d P e t r o le u m .
Fork and Liverpool, and advances made on Cotton
Orders executed in New York, Chicago and Liv
end other produce consigned to us, or to our corres
pondents In Liverpool: Messrs. L. Rosenheim <k erpool. A ll grades o f cotton suitable to spinners’
Sons and A . Stem & Co.; in London, Messrs. B. wants offered on favorable terms.
Newgass A Co.
COMMISSION
:
42 W A L L STREET, NEW Y O R K .
No. 40 EXCHANGE PLACE “
M E M B E R S O F T H E COTTON, C O FFE E A N D
PROD UCE EXCHANGES.
U p -to w n Office , N o. 204 Ch u r c h Str e e t ,
H enry H en tz & C o .,
m a r in e
COMMERCIAL MUTUAL
L e h m a n , D u r r A Co.,
Montgomery, Ala.
C o t t o n
to the
OF O R D E R S FOB F U T U R E C ON T RA C T S.
IN
NEW YOBK, CHICAGO, NEW OR
LEANS, ST. LOUIS, LIVERPOOL,
HAVRE, &c.
York
Insurance.
New York.
STOCKS, P E T R O L E U M ,
N ew
B U IL D IN G ,
YORK.
CO TTO N , G R A IN ,
P R O V ISIO N §, CO FFEE,
ORDERS
EXCHANGE
Phenix Insurance C o.
OF B R O O K L Y N ,
Office, 195 Broadway, New York City,
Statem ent o f C om p a n y 1st D a y o f J a n ., 1887.
CASH C A P I T A L ......................................$1,000,000 00
Reserve fo r unearned premiums........... 8,466,886 07
Reserve fo r unpaid losses........................
358,197 03
Net surplus.................................................
657,086 78
BROKERS,
STREET, NEW Y O R K .
Gash assets.......................................... [$5,383,171 68
STEPHEN
C R O W E L L ,I P r e s ld e n t .
The Safe Deposit Co, of New York.
WM. R . CROWELL, Vice-President.
P H ILA N D ER SH AW , Secretary.
GEO. H . FISKE, Assistant Secretary.
______ FRANCI8 P. BURKE. 8eo’y L ocal Dep»t.
THE FIRST ESTABLISHED IN THE W ORLD.
Æ TNA
Insurance C om p an y
O FF E R S U N EQ U ALLED SE C U R IT Y .
OF H A R T F O R D .
R E N T S SAFES IV IT S B U R G E A R -P R O O F VAULTS.
R E C E IV E S
S IL V E R W A R E
ON
C a p ita l...............................................
L ia bilities f o r un p aid losses
an d re-in sora n oe fu n d ............
N et S u r p lu s ...................................
D E P O SIT .
$ 4 ,0 0 0 ,0 0 0 00
2 ,1 1 8 ,6 1 8 19
3 ,4 5 0 ,2 2 1 37
Amsots J a n . 1 , 1 8 8 7 . . . . $ 9 ,5 6 8 ,8 3 9 5 6
THE
OFFICES
EVERY
HATE
BEEN
NEWLY
IMPROVEMENT
AND
FURNISHED
WITH
No. 68 W a ll Street, N ew Y ork.
J A S . A . A L E X A N D E R , A g e n t.
SECURITY.
C ommercial U n io n
Ass U
RANCECo., LIMITER
140, 142 and 146 Broadway.
F R A N C IS M . JE N C K S ,
P r e s id e n t.
GEORGE H ] TOSS.
S ecre ta ry,
I
OFLONDON.
Office, Oor. P in e <£ W ill
m Sis., N ew Y ork,
@FedFRASER