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HUNT'S MERCHANTS* MAGAZINE,
SBPRESENTINa THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STAlIJa
VOK
NEW
42.
MARCH
YORK,
^iwaujcial.
g^ittaucial.
Gorham, Turner
DIAMONDS.
Bank Note Company,
YORK.
&
Alfred H. Smith
iniUa BalldlDE, 35 Wall
Co.,
IMPORTERS,
Keorcsnlzcd tM79.
BONDS, POSTAGE & REVENUE STAMPS,
LEGAL TENDER AND NATIONAL BANK
NOTES Of the UNITED STATES; and tor
BILLS OP EXtllANGE,
PR-Wn'S, tHEtKS,
BTAMPtS
ice. In tile flncul
and matt
arliatlo stTle
SAFETY COLORS.
SAFETY PAPERS.
stocks and Bonds bought and sold on Commission,
Orders received In Mining Stocks, and in Unlisted
GORHAM MTg
Co.,
SII.TER8MITHS,
SntCIAI. S.IFEKI
ns@ of tho lompanT.
BROADWAY AND NINETEENTH
AND
Work
Eit'CUtcd In Fireproof l!ulldlnit».
UTHOORAFHIC ANO TYPE PRIHTIHO.
MAIDEN LANE.
9
VlCK-rRESIDENTS
A. D. SHEPARD,
TOURO ROBERTSON.
W. M. SMILLIE.
THEO. H. FREELAND, S«cf y and Treat.
:
AlA
p.
PoTTBH,
Pres't.
J.
W. WOKK,
Cashier.
Maverick National Bank,
BOJIiTO:V.
-------
CAPITAL,
SDHPLVS,
-
Accounts of Banks and Bankers
^400,000
400,000
Bros.
BANK BBS,
Job. C.
Frakk
New
Vorlc.
Bonds and U, 8. GoTernment Seouritles
Bought and Sold on Commission.
C. KLorn-JoNES,
Wh-liam Robison
Members New York Stock Exchange.
Stock*,
Andrews, Adams
T8
& Kellogg,
Refeb to—
;
erick National, Boston.
Members N. Y. and Philadelphia Stock Ezobanges.
H. Taylor
L.
Correspondence Solicited
M«mber» New York Stock Excbanse.
TINKER
A,
WESTOW,
BANKERS AND BROKERS,
No.
2
New York.
jl
•
Ij
1
EXOHANGE COURT,
HBTBT C. Ti.vKEH. Member N.
K«N88ELA«KWMTOX.
r. Stock Exoh.
STOCK BROKER.
Lansdale Boardman,
SBW von K, 80 BROADWAY A 5 NEW ST.
TUOY,
N. r., No. 17 FIRST STREET.
BtookKxchjwmenibershlpiprlTate wire)
all
facUltlas
DicitiNSON,
Cor. Tblrd
&
S. Ives
Sts*,
&
Co.,
BANKERS,
No. 3S
NASSAU
P. O.
ST.,
BOX
Stock Exchange.
Sons,
Sistare's
Buy and sell on Commission,
all securities dealt In at the
UBIT YORK.
1,4a).
Transact a general banking business. Including the
purchase and sale of securities listed at the New
York Stock Exchange, or In the open market.
Receive deposits subject to check at si<ht and
allow interest on dally balances.
IN
for cash or on margin,
New York
Stock Ex-
change.
Interest allowed on dally balances.
Ail deposits subject to check at sight.
Particular attention to orders by mail or
JAMIS WHITXLT,
EKNBT
Wm.
H.
Matnabd C.
talegnm.
CBUOaB OAKUn.
BTSLM,
H. DoDQK, WashlnKton, D.
B.
0.
Special Partner.
Tkatkbs,
Prince
and Chestnut
Investment Securities.
New York, Baltimore and other places
Henry
Members of the New York
FIRST-CLASS INVESTMENTS.
Co.,
Deposits received subject to check at sifcbt, and
Interest allowed on dally balances.
Stocks, Bonds, &c., bouKbt and sold on commission
In Pnlladelpiiia and other cities.
Particular attention Klven to Information regarding
Private wire to
i
i
16 dc 18 Broad Street, Neiir York,
121 Soutb TlUrd Street, PbiladelpUa.
Connected by Private Wire with main office. New
BANKERS
W.
BANKERS AND BROKERS,
80 Broadwaj, New York.
Kxchange and Cable Transfers on the Union
Bank of Londfjn.
Buy and Sell Stocks and Bonds for Investment or
on .Margin.
.
in any part of the Countrv
Accounts of Banks, Merchants and
^k
Bill* of
F.
York.
Robison,
No. 3 Exchange Conrt,
walcott,
DEALERS
Merchants' National Bank and Bank of North America, New York
Merchants' National, Chicago; Mav-
S.
Wm.
Co.,
COLLECTIONS made
at lowest rates.
others solicited.
made upon favorable terms.
GoTenunent Bonds bought and sold
BANKERS AND BUOKEBS,
Office, 320 Broadway,
Connected by Private Wire.
iniI.T¥AUKEE, WIS.
solictted.
&
&
Houghton
Collections
Floyd-Jones
Brancb
Geo. K.
MACDONOUGH,
I.
made and loans negotiated.
Dividends and Interest collected.
Deposits received subject to Draft.
Interest ailuwed. Investment securities a spedaltj.
We issue a Financial Report weekly.
Securities. Collections
ST.
KAILW AY TICKETS OP IMl'KOVED 8TTLE8.
bhow Curd., L«bcll^ Calendars.
BLANK BOOKS OF EVERY DESCRIPTION
ALBERT 6. GOOOALL, PretidenL
Co.,
BANKERS ANO BROKERS,
No. 24 Pine Street, New York.
Transact a General Banking Business.
FKOM STEEL PLATES,
ABDS lo PRKVKNT COrSTERFKITlKa.
Hprrial |»apiTs manufsttun-d eicluaiTelj' for
WKk
New York
&
C. Walcott
J.
Forelsn Covernmants.
ENGRAVING AND PRINTING,
lANK NOTES, SOABt: CEKTITICATES, BONDS
roH 60VEHNME.MS AM> CORPOKATIONS,
St.,
Austin G. Gohuam.
Chas. W. Tcskeb,
Chas. C. Noblk.
Member N. Y. Stock Exoll.
182 Broadwar, Cor. Joim Street.
Engkaveks and Printers of
& Co.,
BANKERS AND BROKERS.
78 TO 86 TRINITY PLACE,
BaslneM Fousdod 1795.
TlWHIiliiriil uiidrr Uw. of SUte of Hvn Y«rki IWfc
1,080.
f^iuatijcial.
AMERICAN
NEW
NO.
1886.
6,
&
Whitely,
No. 64 BROADWAY, NEW^ YORK.
*"''"' Ave., New York.
} 1**
RRA vriT niTirxn
BRANCH
0»riC18J539j5j[,gj_^„j,,„j^„_i,_{j_
Buy and sell on commission all classes of Railroad
Seouritlesiaiso Grain and Provisions.
Private Telegraph wires to Philadelphia, WllmlD4ton, Baltimore, Washington, Bridgeport, New Havat.
Boston and Pittsburg.
WM.
CBARUn F. COX
V. CAKOLIK,
Member N.
V. Stock Exchange.
&
Carolin
Cox,
Bamkera & Commission Stock Broker*
No. 66 BROADWAY,
Branch Office, 31S Madison A Vh cor. «Sd St., New Yock
Deposits received sublect to check at sight, anl
Interest allowed on dally balances. All Btooks and
Seouritles dealt in at the New York Stook Kxchange
bought and sold on Commission, for Cash ornpoa
Marifin.
Simon Borg
No. IT
NASSAU
DEALERS
IN
ST.,
&
Co.,
NEW YORK.
ALL KINDS OF
aovemment.
State, Conntr. Citj and Railroad
bonds constantly on hand for sale or exchange, and
particular attention given to the subject of Invest
ments for Institutions and tru4t funds.
Walsh
&
BODTHERW
BECL-RITIK»
Simons
Floyd,
STOCK BROKERS,
No. 26
Railroad and Investment Secoritlesi
BEOAD STREET, NEW YORK.
Niooli. Wl^yd, Jb
JA.MK3 W. Walsh, jb,
Member N. T. Stock Uxchango.
&
A BpgClALTT.
Chew,
STOCK BROKERS,
3 ExebanKOCourtA: S2 Broa4wa7,N.TA
Government BeoulUSi
Stocks, Bonds and V
Bought and Sold on Commission.
.
BlTBHLT
JAS. D. Smosa,
Member N. Y. citook fcxehange.
Member M. Y. Prodaoe BxohanMk
QUW.
;
THE CHKUJNICLE.
If 0t;ei0ti %xcJxnuQ6,
fgovtiau %xcTxmiQz,
&
Morgan
Drexel,
NEW YORK.
&
Drexel
Drexel.IIarjes&Co
Co.,
Cor. of OtliiChestnntSts. 31 Boulevard Haussmann,
PARIS.
raiLADEIiPHIA
VOilESTIO AND FOREiaX BANKESS.
Securities
Deposits received Bubject to Draft.
bouglit and sold on commission. Interest allowed on
Deiwsits. Foreign Bxcliange. Commercial Credits.
Circular Letters for Travelers,
Cable Transfers.
available In all parts of the world.
&
Brothers
NEW TORK.
Phila.
Co.,
Boston.
AND
AI.EXANDKR BROW^N & SONS
parts of the World, through
lort o\in.
S. SI. de Rothschild, Esq., Vienna.
AND THEIR COHRKSPONDENTS.
fers to,
Sell Bills of Exchange
IRELAND, FRANCE
ON GKBAT BRITAIN ANDHOLLAND,
8W1TZGERMANY, BELGIUM,
KRLAND, NORWAY, DENMARK,
SWEDEN AND AUSTRALIA.
•ne Commercial & Travelers' Credits
Bny and
No. 23
iStake Telegraphic Tranofers of money
Betiveen this Country and Europe.
COLLECTIONS OF DRAFTS drawn
MAKE
abroad on
all pointa in United States and Canada,
and of drafts drawn in the U nited States on
foreign countries
•Dd their London house, Messrs. BROWN, SHIPLEY
A CO., receive accounts of American banks, firms
and individuals, upon favorable terms.
Stuart
&
Co.,
J.
NASSAU STREET.
BILLS OF EXCHANGE ON
33
SmiTH, PAYNE
ic
BANKERS,
BROAD STREET
Draw
Exchange and make
Bills of
John Paton & Co.,
SUCCESSORS TO
JESUP, PATON & CO.,
£3 Trilllani Street,
sold.
DRAW ON
BANK OF SCOTLAND,
bills of exchange, letters of credit,
&
Co.,
Issae Circular Letters of Credit forTrave.
Abroad against Cash or Satisfactory
Guaranty of Re-payment,
r»'
Use
Ezcbanse on I,ondon, Paris, Berlin
and Znrlcli.
made by Cable.
Paris nonse— mUNROE Sc CO.
Credits OPENED and payments
J.
Bills
Maroaard, Krauss & Co., Paris
Members
of the
New York
Stock Exchange.
IN Foreign Excha.voe, Goterkment
AND OTUKH I.N'VKSTMENT BONDS.
STKIIMNO LOANS A SPECIALTY.
fi4 TVall St. and 62 Greene St., N. Y.
Bay and sell on commiRMlon, for Investment or on
mantin, all securities dealt In at the New York Stock
DiAucus
BxchaiiK&
Canadian Bank of Commerce.
e
&
Co.,
A strictly (^omailsBlon
Business in the purchase and sale of stocks and bonds.
Private Telesraph Wire to Albany, Troy. Syracuse,
Rochester, Utica, Buffalo. CleTCiand and Cbicajro.
Draw on City Bank of London in amounts to suit.
Special attention given to Securities for investment.
Wai^iton H. Bbown.
Hkobsbt
Frid. a. Bsown.
p.
Bbown.
Walston H Brown & Bros
BANKERS,
NASSAU STREET,
NEW YORlt.
&
Bass,
BROAD STREET, NEW YORK.
STOCKS, BONDS
AND ]niSCEI.I.ANEOi;S SECURITIES
Member N. Y. Stock Exch'ffe.
MftmbprrhlcHffo Stock l^xchVe.
John jijuward Latham. Fkidehiok W. Pibbt
J.
&
H. Latham
Co.,
UNITED BANK BUIIJJING,
No. 3 WAI.I. STREET, NE^T ITORK.
City, County, State, Railroad, District of
Columbia
Howard
Lapsley
&
Co.,
HOTTINUL'ER
)
&
CO.,
Kidder, Peabody
1
ST.,)
Nowr Yorli.
PBTVATB WIRE TO BOSTON.
of Exchange on
MELVTLLF,, KVANS tk CO., ,LONDON.
n^-nn^SON,
'J
C. J. IIA.IIKKO Jt
S
&
t;AL.DWEL,L., WA!»lli£UK]!V
TOWNSEIVD,
^ABIS.
Co.,
FOREIGN BANKERS,
Street, New York,
&.
BANKERS AND BROKERS,
No.
3
STREET.
WAI.I.
Transact a ceneral Banking Business, Including the
Purchase und Sale of all Spcuritles dealt in at the
New York >tock Exchange
Interest allowed on deposits subject to sight draft
Lansing C. Washbuhn,
Caldwkli,.
Chas. J. Town8BNT>. Member N. Y. stock Exchatura
Nassau
O. B.
113 Devonshire Street, Boston.
Asiel
ATTORNEYS AND AGENTS OF
BARING BEOS. & CO., London
COMOTERCIAIi CREDITS,
Circular Credits for Travelers.
Cable Transpkhs and Bn-is op Exchanob on
Great Britain and the Continent.
KOUNTZE BKOTUERS,
BANKERS,
120 Broad-stat, Equitable "Blldlng, New York
liETTBRS OF CREDIT AND
CIRCL'LAR NOTES
EXCHAN<iK PLACE,
NEW YORK
Issued for the use of travelers In all parts of the
world. Bills drawn on the Union Bank of London.
TelexraphlG transfers made to London and to various
places in the United States. Deposits reci^lved subject to i^eck at sight, and interest allowed on balanooB. Crovemment and other bonds and investment
MOUflUes bought and ggld on oooimlasion.
,
&
Co.,
BANKERS AND BROKERS,
Messrs.
»2,ioo,ooo.
TRANSFERS, ETC.
8SCE COMMERCIAL CREDITS' AVAILABLB
IN ALL PABTB OF THB WOBLD,^^""
Interest allowed on balances,
Correspondence Solicited.
WALKEB,
BDY AND BELL STKK1,I,NG EXCHANGE, CABLE
NEW YORK.
Bonds and Foreign Exchange.
16.000,000.
Subplus,
B. E.
JOI.NT AGENTS,*
PINE STREET,
35
(Members New York Stock Excliynge.)
Accounts of Banks, Bankers and others recetyed.
WILLIAM STREET,
eOADBY &
Capital,
3. H.
rro.
Bishop,
BANKERS AND BROKBRS,
erican, Canadian, British and Dutch markets on commission. Collect dividends, coupons and foreign and
Inland Drafts.
Commercial and Travelers' Credits.
Cable Transfers.
of Exchange.
Chas. Unger & Co.,
BANKERS AND BROKERS,
&
Hamilton
BANKERS AND BROKERS,
OITer luTcstment Securities.
No. 1 1 IVALL
Buy and sell bonds, stocks an d securities In all Am- (MorUmer Building.)
Hamburg.
IHessrs.
63
Sell Bills
International Banli or I^ondon
(Limited), London.
Btessrs. John Berenberg, Gossler&Co.
ForeiKU Exchange, Bonds, Stocks and Miscellaneous Securities bought and sold on commission.
Julius A. Kohn, Davtd Ochs. Mobftz ochs,
Memb. N.Y. Stock Kxoh.
Memb. N. Y. Stock Bi
BANKERS.
&
cohrkspondents of the
Y. Stock Exch'ge
Act as Agents for Banks, Bankers and Railroad
Companies.
Issue commercial credits, also foreign and domestic
travelers' letters of credit in pounds sterling & dollars.
Ruckgaber,
BANKERS,
89 TriI.I.IAia STREET, NEW YORK
Schulz
Member N.
Kennedy Tod
No.
Co.,
19 Broad St., N. IT., mills Buiidinc,
Transact a General Banking Business.
dtc, &c.
Alexander Baring.
Kennedy Tod.
H. O. NORTHCOTE.
&
Correspondence Solicited.
Quotations cheerfully fornlsbed
Wm. H. Rolston.
w. Alkx. bass, Jr.
New Yokk.
J.
j^yofejeyg,
BANKERS AND BROKERS,
Rolston
24 Exclianse Place,
ON MEXICO, CCBA,
and
Ko. 20
COMMISSION MEBCHANTS,
&.
AVAILABLB
ON
Hnnihro & Son, London.
A. Kohn
J.
Co.,
telegraphic transfers of money
No. 32 Nassau Street, Nevr Yoili.
No. 4 Post Office Square, Boston.
Messrs. C. J.
NO. 20
&
AND
ALSO,
John Munroe
BRS' CREDITS.
ISSUE CO.M.MBRC1AI, CREDITS,
IN ALL PARTS OF TUB WORl.l),
BANKERS
EDINBURGH AND BRANCHES;
CABLE TRANSFERS AND LETTERS OF CREDIT.
BUY AND DRAW BII,I,S OF EXCIIANGB,
MAKE CABLE TRANSFERS, ISSUE TRAVEL.
SCOTLAND.
22
NEW YORK.
Place,
.
THE UNION BANK OF LONDON
BRITISH LINEN CO. BANK, LONDON AND
i
NATIONAI.
New York.
Accounts and Agency of Banks, Corporations
firms and indivldunls received upon favorable terms
Dividends and interest collected and remitted.
Act 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 l>ought and
SmiTH'S,
"LIMITED,"
,
Telegraphic
Transfers of Money on Europe and California.
BANKERS, LONDON
MANCHESTER, PAYABLE IN LONDON;
17I.STEB BANKING COIttPANt,
BELFAST, IRELAND
AND ON THE
Exchange
FOREIGN BAIVKERS.
^ixxikcvs
Issne Letters of Credit for Trayclers,
On SELIGMAN BROTHERS, London.
SELIGMAN KKBRES & CIE. Paris.
SELIGMAN & STEI'THEIMEK. Frankfurt.
ALSBERG GOLDBERG, Amsterdam.
ALTMAN & STETTllIEMBR, Berlin,
Maitland, Phelps
BIANCHESTER & COUNTY BANK,
Cor.
Neiir Yorii.
IN STEBLINO,
Available In any part of the world, In Francs for
ue In Martinique and Guadaloupe, and in dollars for
ue in this and adjacent countries.
&
Exchange on, and make Cable TransEngland, France and Germany.
of
&W.Seligman&Co.,
J.
Co.,
29 friI.I,IAin itTRRET,
In all
Messrs. N. IM. RotIi"chilil &. Song, London.
"
de Bothachild Bropv, I'liris.
"
JH. A. de Uothscliild <& Sons. Frank-
Draw Bills
&
Ickelheimer
BANKERS,
Payable In any part of Europe, Asia, Africa, Australia and America.
__
BALTIMORE.
J
Co., Heidelbach,
Nos. 19 & 21 Nassau Street.
ISSUE TRAVELERS' CREDITS, available
ATTOnXETS AND AOENTS OP
Slesan. J. S. inORGAN A: CO.,
No. 22 OLD BROAD STREET, LONDON.
Brown
&
Co., August Belmont
WALL BTREEr, CORNER OF BROAD,
-
[Vol. XLII.
EXCHANGE PLACE.
FRANKENHEIMER, M. SBLIOMAinJ
Members N. Y. Stock Exchange.
No. Bl
E. ASIEF,
L. 8.
W. H. Goadby &
Co.,
BANKERS AND BROKERS,
No. 34
BROAD STREET,
Neiv Tork.
DOUOI'ASS QKBEN,
Memb. N. Y. Cotton Bxoh.
W. W.
A. B. BATEMAN,
Memb.N.Y. Stock Exch.
DtTBI-ET.
& BATEIWAJy,
OREEW
BANKERS AND BROKERS,
STOCKS, Cotton, quain, Fokeiqn Exchanoi,
Corner W&ll and Neiv Streets.
PiiTats Wires to WashingtOB. D. C. Baltimore, Bor
ton, PbUad«lpbls a&a CUoaso,
.
March
THE CHRONICLE
IWO.J
0,
nun
|Batifecr«
gr^lietrs.
&
Taintor
Wood,
WALL STKBRT,
TKANSACT
BANKING
UKNKIIAI.
a
DHl'OijlTS reouirad
itnd
NKIT YORK.
INTUUBST
bttlanoes.
But and
sell
BAILHOAI)
aOVBIlNME^T, UDNICIPAIi mod
''
WOOn
r Execute orders hi nil
York Sti.ck KxchiuiiK!.
socurlilus listed at
Ki)r ShJo
SU!\;i';".Vi;*?'',.''/'l"*''*l> KlHHT MORTOAOII
qkok(;k
woou.
c;.
c.
BLAKE BROTHERS dc CO.,
63 OBBSHAn HOUSE, E. O.
the
M
haa this day tenatnated by effluxion of time.
EMU, TIKI.VBMANNuid Mr. F. B. BLAKB alon*
are authorised to sign the Brm's oame la liqalta
and to settle all outstanding bnsioua,
New
:
u. uukstis.
BONDd.
m. swa.n.
i>.
a. D.
I>«WT.VO. ClJlRK
(Menibtirof
New
DEWINO.
F. T.
BONTECOU
Viirk Slock Kjcchaiige.)
H. Dewing
&
No. 18 Wall Street,
Stookfl and BondH BotiKht and Sold on Commission
Accounts rec«tve(laiKl interest allowed on balances
which may be checkud for at sifitit.
Iowa ItO&n A Trust Co.
per cent Debentures
ou>ibt and sold.
LONDON,
HEINEKIANN
at 62
Manning,
Stewart Brown's Sons,
stock brokers,
64 Broadway
& 19 New
St.,
New Tork
&
Gilman, Son
Co.,
R.
(Established In
a G«neral Banking Business, Buy
QoTernment Bonds and Inrestment Securi-
In addition to
Sell
tlee.
John H. Davis
&
Co.,
BANKERS AND BROKERS.
Do a atrlctlf Commission Business
8TOCK!«, UOMDS and UKAIN,
j.
Kimball.
H.
Dealer in Investment Seenrities,
No. 7 NASSAU STREET,
(Continental National Bank Building),
Neiv York.
Solicit accounts and agencies of Banks, Rallwayt
Corporations, Firms and Individuals npen
favorable terms; also orders for the pur*
chase and sale of Bonds, Shares, Ac, Ac. on
the Stock Exchange.
Interest allowed on Deposits, subject to 60-days
sight drafts, at Bank of England rate, and
one-percent below that rate subject to
18«fi.)
ALrKED
B.
Lounsbert.
Frank C. Hollins
B. Hollins
&
Co.,
demand drafts.
Negotiate Railway, State and City Loans.
BANKERS AND BROKERS,
to CHICAGO, BALTIMORE,
PHILADBLPIIIA and Intermediate PolnU.
No. IT <«rAI.I. ST.,
YORK.
THE
Members New York Stock Exchange.
74
Branch
Office,
Co.,
LONDON.
Co.,
We have published a new pocket edition of our
annual " List of Stocks and Bonds at the New York
Stock ExchanRe." Sent free on application. Both of
our Arm are Membeks of the N. Y. Stock Exchanqk.
With Private Wires
NEW
L. Robertson,
J.
BOND AND STOCK BROKER,
&
BANKERS AND BROKERS,
dc 18 Broad Street, New York.
Robert
&
62 6resliam House, E. C,
Nos. 16
H. B. Uollins. F.a. Yznaoa.
In
Heinemann
ntriftr K-rr.nAnffA
Kimball
J.
CEDAK STREET.
No. 62
'VnTt
B. C.
WALTER DABNEY HEINEMANN.
A SPKCIALTY.
Wow
CO.,
City,
State, Municipal and lialiway Honda and Conpocs
sold at beat market rates. Investora 01
dealers wishing to buy or sell are Invited to communis
catu with uB.
thp
dc
GRBSUAM HOUSE,
bougbtand
Monr->>ar n*
BANKERS,
and
New York
SOUTHERN SECURITIES
Tork.
BMIL HBINB.MANN.
BANKKR AMD BIW&ER.
No. 14 Wall Street,
New
JaooaiT. MSB.
dated 31st Dec, 1885, announcing the termination of
that arm by eOluxlun of time, we beg to notify yon
that we have formed a coparttiership to carry on
a general Banking business under the style of
Investors wishing to buy .ir sell are Invited to call
or correspond. Prompt and personal attention given
to all orders.
B.
1st
"REFRRRINO TO T«W CIRCULAR OF MBS8BS
^^ BLAKE BROTHERS dc CO.,
(8d Floor,)
Rooms 83 A 26.
33 WA I, I. HTItEET.
cS,T.^.T,1,.A.'*" CITY BONDS OF GKORGI A, ALSO
INO CO. OK OKOKUIA A Sl'KCI ALTY.
John
HBINBMA
BI.AKK
Of Boston and
AND
Dealer in Hlscellaneons Sccarities,
MILta BOILDING
New York.
r. B.
BLAKB BROTHERS A CO,
BROKER
Son,
BAIVHFRS AMD BROKERS,
BMir,
A. Dutenhofer,
OBO. U. UOLT.
L'HUILIBR.
airt Dwmabw. MMk
TO OIVB NOTICH THAT OUR
heretofore carried on by us at
l»AVIK.
Ac
JJaufeetra.
liONOON,
of
BHOKiiH-S.
Hrourtllei.
TAINTOB.
IRAM
WBBrmBKO
Co.,
lltJCtlS»»()llS T<l
rrlTHto tolt'Kraph wlreito ProTid«ao« and Boston.
O. B.
I^aveien
NKW YORK.
OANKKHS AND
business.
allowed on
&
Huestis
PrNB 8TREKT.
31
BANKKKS,
Ro. S
StcUtrs.
Satiftjctrs an<l
Holt,
Hi
BROADWAY.
5 Vanderbllt Ave., connected by
private wire.
Connected by private wire with B. W. CHark
and Hill A Kennedy, Philadelphia.
Railway Share Trust Co.
!
(LIMITED).
A
Co.,
Fred. H. Smith,
BANKER & BROKER,
No. 20 BROAD ST., NEW^ YORK.
No. 4
BANK
BUII.DINO.»
LONDON, ENGLAND.
Capital Paid Up, £971,360 StcrUof,
Twenty years' experience
ties desiring to
buy
In Railroad Bonds. Paror sell Uucurrent Bunds will
please curamunlcate.
Stocks bouKht in Fractional Lots or otherwise,
either for Cash or n Margin
F. H. Smith, { Members Consolidated Stock and
«.
•Jmi'ttt (
Petr.ilo.nn K«chanre. New York.
This Company undertakes the business of Trustee
«
W
oG
C.
J. Turner,
Co.
(IB Years' Membership
the N.Y. Stock Exchange,
BANKERS,
BANKER AND BROKER,
No. ISW^ALI, STREET,
In
Newf York.
Buy and
A.
If.
Investment Secnrltles.
P. O. BOX 2,647.
Watland Thask. h. J. Morse
Sell
KiSDZB.
W.
c.
&
16
Transact a Oenenil Banking Business, Including
the purchase and sale of STOCKS and BONDS for
cash or on margin.
Hill.
to
,
18
BROAD
Loans of approved Railways, negotiates and
issues
ter of
or Registration of Stocks in London, or otherwise.
Transacts a general Banking business. Including the
purchase and sale of stocks and bonds for cash or on
Cable Address— Patt, LoirooK,
THE
Thompson & Richard,
BANKERS,
Anglo- Californian Bank
16
18 Broad Street, New York.
(I.IMITED).
(Next door to the Stock Excharge.)
N. Y. ?itock and Prodoce Kxch'nges
Deposits received, suWect to check, interest allowed thereon. Stocks, bonds, grain, provisions and
petroleum bought and sold on commission for cash
or on marifin. Direct telegrapbio communication
uuii^auon
with the Chicago Board of Trade.
B^o)'-UL"J'i?,. '„'"'
Chrystie
I'l-I'CUASK A.VI)
SALE
Of"
ALLOWED
DEPOSITS
SUBJECT To CHECK AT SKiHT. ON "'^'JO^'-O
T''''"*^'^T
o.'S,^,- „„'.,->
_
D. A. BOODT.
,.
.
.
P. O.
Box
447,
C.
W. McLlLLAJf.
RUTTBEN LELAND.
&
Janney,
BANKERS,
Kew
dc 25 NaKsaa St.,
York.
Receive deposits aud cr.n.slgnments of Bullion.
Deal in Investment Securities and Foreign Bxchange and invite correspondence.
Particular attention Kiven to Information regarding
Nos. 23
riflTEDBANK BUIUDINO,
Wall Street,
8TCCK8,
corner Broadvray.
BONDS * OOiiMEKOlAL PAPER.
at*NewVo"rk'i';",'*,r''v™''u^"""' »<""
0° commission
SAN
&
I?jovjel0tt
Antborlzed Capital, ... ^6,000,000
Pald-np Capital, ... - 1,500,000
Reserve Fund,
400,00O
-•-...
Transact a general banking business. Issue Commerclal credits and Bills of Exchange, available in all
§arts of tne world. Colleitton.'mnd orders for Bonds.
tocks, etc., executed u pon the most favorable terma.
L. de Steiger
&
Co.,
BANKERS.
FKANKFOBTONMAIN, GEBJIANY.
FUED'K F. LOW,
-,
IG.NATZ STEINh!aRT. f *'"««'»•
LILIENTUAL, Cashier.
)
Co.,
Minxhevs,
3 Angel Cotirt.
FRANCISCO Office, 422 CallfomlaSt.
Agents. J. & W. Sellgman & (3o.
NE W YORK
BOSTON Correapond'ts, Massaohosetts N. Bfc
P. N.
R. T. Wilson
;
liONDON, Head Office,
Investment Securities.
BANKERS AND CO.'VIMrSSION 5IERCHANT8
2 Exohan^e Court. New York.
BANKERS,
I
maririn.
A:
S Urondwny, cor. Exchange IJInce, N. Y.
Branch Ollice, •ill l,a .Snile St.. Chicago,
mat
payments of Interest on Loans, Dividends on
NEW TOKK,
ST.,
Members of the
BANKERS,
Loans on the London Market, acta as Agent
Railways and other Corporations, either In the
Bank of
4
Australasia,
(Incorporated by Royal Ctaarter« 1835.)
Tbreadneedle St., IdOndon, EnslanA
.....
.....
Paid-up Capital.
£1.A00.(W0
Reserve Fund.
TTO^OOO
Letters of Credit and Drafta tuued on any of tlM
nunieruuB brancbes of the bank thronsbotit AtutnUla
and New Zealand.
Bills netroiLated or sent for collection.
Teleirrapbto transfers made.
Deposits recelred In Ijondon at Interest for txed
periods, or for transfer to the colonies on temu
wMoh may be MoerUlned on application,
PmD&A.VX SBI^Y,
Secretary,
,
THE CHRONICLK
if
dPatxajffiatt
Blake, Boissevain & Co.
L.0IVD09if, EWGL.AND.
Railways,
Solicit accounts and agencies of Banks,
Corporations, firms and Indlvidnals, upon
purchase
favorable terms also orders for the
and sale of Bonds, Shares, &c., &c., on Commission on the Stock Exchange.
Kegotlate Railway, Slate and City loans.
BMITHERS,
W.
Cobbkspondknts,
BROTHERS &
BL.AKE
New
18 UTall Street,
Masg.
-
-
Established
Merchants' Bank
CO.,
OF CANADA.
1861.
fnlly paid np.7,203,926 Guilders (12,881,570-)
($385,287-)
913,098.58)^ "
Reserve Fund
CaplU
BEAD
OFFICE, AMSTERDAM.
BliANOHi:S:
W. BLUDENSTEIN
No. 55
Rotterdam—DE
&
£.6
&
Threadneedle
CO.,
St.,
E.
C
WisSEL-en-EFFECTBNBAMK.
Engcbede-B. W. BLIXDENSTEUS, JK.
Almeloo-LEDEBOER &
$5,725,000 Paid Up.
$1,375,000
Reserve,
President, ANDREW ALLAN, Eso.
Vice-President, ROBERT ANDERSON, Esq
•
•
HEAD
OFFICE, MONTREAL.
far.
& Co.
Robert Garrett & Sons,
BANKERS,
No. 7 SOUTH STREET,
BALTIMORE,
TRANSACT A GENERAL DOMESTIC AND
FOREIGN BANKING BUSINESS.
IMladelyttia
&
Narr
ilaitfects.
Gerlach,
BANKERS AND BROKERS,
No. 437
CHESTNUT STREET,
PHILADELPHIA.
Members of the Philadelphia and New York
Stock
E-Ychanges.
Cable Transfers, Bills of Exchange and Letters of
Credit.
SHOKmAKKB.
Jos.
BANKERS AND STOCK BROKERS,
No. 134 SOUTH THIRD STREET,
and elsewhere, and issues drafts payable at any of
the offices of the bank in Canada. Every description
JOS. M.
ROBBBT M. JANNIT,
Ne^ir
BeservePund
4,400,000
400,000
7,600,000
Reserve for Equalization of Dividends.
..
Reserve Liability of Proprietors
. .
_.
The Corporation grant
Drafts, Issue Letters of
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore, Saigon,
Manila, Hong Kong, Foocbow, Amoy, Ningpo,
Bhanghai. Hankow, Yokohama, Hiogo, San Francisco
and Condon.
A. M. TOWNSEND, Asent, 47 William 8t.
JK..
f
LodowickJ. Hill,
%uQlmx&
BANKERS,
No.
86
CONGRESS STREET,
BOSTON.
UEMBEB8 OF THE NEW YORK AND
BOSTON STOCK EXCHANGES.
ALSO,
and United Statee Bond*.
©aiiatltati Uatikers.
HOWLAND, Pres't.
-
-
D. R.
-91,500,000
$480,000
WILKIB,
Cashier
BIEAD OFFICE, TORONTO.
Wilbour, Jackson & Co.,
BANKERS AND BROKERS
WEITBOSSET ST R^E E T,
PROVIDENCE, R.
BBANOHES:
8« Catharlnea, Port
Colborne, St. Thomas, Ingenoll
Welland, Fergus. Woodstock,WInnlDeg, Man.,
Brandon, Man., Essex Centre, Niagara
Falls aud Gait, Ont.
Dealera In American Currency & Sterling Exchange.
Agents In London
. _.„,. ,„ „„_ ,,„,.
Lloyd's, Bamett'B * Bos- „f5*"'l'° 'iS^^.S'?;,
anquet's Bank, limited,
^-^in
Wall Street.
*8 S?.„'S?™P"
62 Lombard Street.
Prompteat attention paid to collections payable in
aiy pari of Canada.
Approved Canadian bnslness paper dlsconnted at
the Head Office on reasonable terms, and proceeds
remitted by draft on New York.
:
I
I
No. 4 Excbanse Place, Room No.
Swan
OF
STREET.
Exchange and Cable Transfers. Issue demand drafts on Scotland and Ireland,
alao on Canada, British Columbia, San Francisco and
Chicago.
.JSi'^'ff"^.''-*,?-
NOTES
issued In
m
&
BAN^
Gzowski
&
TOEONTO, CANADA.
Slocks and Bonds, Sterling Bxohancrn nrofta nn
York.
and
^0^^
J gf^^^B"!
som
Statet.
$300,000
-
Blackwell,
T.
P. A.
Pres't.
Wiley,
Cashier
The Bank of Durham,
C,
N.
Fay Special Attcntiou
to Collections.
FIRSr-CLASS FACILITIES.
New York Correspondents.— The National Park Bank
and Seventh Ward National Bank.
Thos. P. Miller
&
Co.,
BANKEUS.
inOBIIiE, ALABAinA.
Special attention paid to collections, with promut
remittances at current rates of exchange on day of
payment. Buy and sell Btate of Alabama and City
of Mobile Bonds.
Correspondents.— Bank of the State of New York,
New Vork; Louisiana National Bank, New Orleana
Bank of Liverpool (Limited). Liverpool.
;
,
Bi
B. Btruunss, Pres't.
First
A. K.
WALKsa. cuhier
National Bank,
PnH»ftf*on»i martfl
op
narto of thr TTnUpil 8
n.11
*>«
RICHinOND, VIRGINIA,
Collections
terms
;
made on
all
Southern points on best
prompt returns.
JOUN
JOHN F. Glknn.
Cash.
P.
BRANCH,
President.
Fbkd. R. Scott, Vice- Pres't
THOMAS BKANCH
&. CO.,
BANKERS AND COMMISSION MBRCHANTa
RICHinOND, VIRGINIA.
gaWimorje gawluerB.
Wm.
And
&
Fisher
BANKERS,
and Investment
,
Secnrltles,
ESTABLISHED
Eugpeue
li.
1865.
Cole,
32 SUUTH STREET,
STATIONER AND PRINTER.
ITI
C.-'-po
Supplies Banks. Bankers, Stock Brokers and
an«
rations with complete outfits of Account Books
BALTIMORE,
D
, ,
Have Western Union wires in their offices, by
means of which immediate communication can be
had with all commercial points in the country. Kspeoial attention given to purchase and suie of Virginia Consols, Ten-forties, Deferred and all issues
of the State, and to all classes of Southern State,
City and Railway Securities. Correspondence solicited.
Circulars and information on funding the debts
of Virginia and North Carolina free of cost; oneeighth per rent charged for funding. Southern KaUroad and Stale mid City Bonds bought and sola.
Sons,
Dealers In Governments, Stocks
Otpositi Sbcond St
Buchan,
W.
AND BROKERS,
PORTLAND, inAINE.
J
STOCK AND EXCHANGE BROKERS,
-
Accounte of Banks, Merchants, Corporations and
Individuals respectfully solicited.
Collections promptly made and remitted for.
Will act as agent fur the investment of idle and
surplus funds of Banks or Individuals.
In our active and growing city money Is always In
dema nd. Our rates reasonable. Give us a triai.
& Barrett,
Dealers In Government, State, County, City and Railroad Bonds, Bank Stocks, &c.
Desirable Investment Securities constantly on han d
Pounds Sterling
'o'' u'o in Europe,
J<i'.*^,*'"''"'T''.'*','i'^'*-'*
China,
Japan and the East und West Indies Also
name of I-ONI)ON
UKAZII,! AN
Limited, available in the Brazils, Kiver Piater&c.
Bills collected and other banking business transacted.
D. A. McTAVMSH, ( .
Asenta.
H. 8T1 KKMAN.
and Surplus,
MERCHANTS' NATIONAL BANK,
186 iniddle Street,
sell Sterling
Capital
4,
MEMBER OF BOSTON STOCK EXCHANOH.
BANKERS
North America,
ATIiANTA, GEORGIA.
Designated Defpository of the United
BOSTOIV, MASS.
Bank
No. Sa TITALI.
Boston
Samuel G. Studley,
COMMISSION STOCK BROKER,
AGENCY OP THE
British
New York and
Vlce-Prea't
Gate City National Bank
I.
Dealers In Commercial Paper, Government and
other flrst-olass Bonds and Securities and Foreign
Sxohange.
Private Telegraph Wire to
Cashier.
THE
DURHAM,
charlks h. Sheldon Jb
Joshua Wilboub,
BiHjAHis A. Jackson, Willlah Binnst, Jb.
62
mcCandlbss. a. w. Hill
E. 8.
President.
'§^xiktx3.
Dealers In municipal. State, Railroad
Imperial Bank of Canada.
M>ontUtvn Mnnhtvs,
1
JOHN B. HARRIS.
Co.
PHfLAPELPHTA.
Tork Agency, No. 61 IVaU Street.
HENRY HAGCB.
».„„,.
^KCnts,
pjewr
KNAUTH, NACHOD & KCHNE
CAPITAL (paid np),
SURPLUS, -
M. Shoemaker &
of foreign banking business undertaken,
CO.
Shanghai Brewster, Cobb
BANKING CORPORATION.
& Estabrook,
Paid-up Capital
t7,500,000
«^
and information
nisned.
•
Hong Kong &
Buy and
SOUTHERN SECDBITIKa *•
and
Correspondence solicited
The New York Agency buys and sells Sterling Exchange, Cable Transfers, issues credits available In
all parts of the world, makes collections In Canada
ITEW TORE 00SRESP0}fDEST8:
8.
BALTIinORE.
INVESTMENT
GEORGE HAGUE, General Manager.
H. PLUMMKR, Assistant General Manager
BANKERS:
LO <DON, BNG.—The Clydesdale Bank (Limited.)
NB iV YORK— The Bank of New York, N.B.A.
Transact a general Banking and Commission
Boslness in Bills, Stocks, Shares, Coupons, &a,
H.
of Baltimore Stock Exchange,
J.
London—B.
Mesgrs.
No. 22 Abotanrcb Lane.
Office,
HOIiliAND. Capital,
-
}
»„„„,.
Agents
sell Sterling
London
W. BLIJDENSTEIN &
-
ALBX'B LANG,
)
Bzchange, Francs and Cable
Transfers; grant Commercial and Travelers' Credits
available In any part of the world; 'Issue drafts on
and make oolleotlons In, Chicago and throaghout th^
D jminlon of Canada
Bankvereeniging,
AinSTERDJiItl,
yaw YORK OFFICE,
& 61 \f ALL STREET.
Nog. 69
Bay and
Members
N. Y. Corrospondent*—MoKlm Brothers
CO,,
De Twentsche
B.
BUCHANAN, Seneral Manager.
Co.,
BANKERS AND BROKERS,
peoialty.
President.
WALTER WATSON,
Tfork,
B ogton,
38 State Street,
J.
&
Wilson, Colston
¥13,000,000, Gold
$6,000,000, Gold
SURPLUS,
0. F.
;
Nbw Tobk and Boston
^nltimoxt ^mihtxs.
"^nuhtics.
Bank of Montreal.
OAPITAIi,
XUr,
[Vol.
'^
jy^'jJe'w'concerns organiiing will have their order
promptly executed.
No.
1
WILLIAM STREET,
'HANOVlfiii SvVABB.)
;
Mabou
THE OHRONICLE.
6. 1880.]
»Vici»l Sttvjestmeuts.
&
Hayden
Dickinson, Toledo
&
INVK8TMKNT UANKKllS,
.....
l>i.-v< /|(,
and
hftiul
n
f-
'''•
'
COLORADO,
for r»Io flrst-clHss
County
We
other (ihnlpn m'r.urltlen.
rtiid
<lii
v..rv,.(.v..
COnmON AND PBEPEHRED,
BOUGHT AND SOLD BY
rlKld
irunaIllubest
Ittv.
iit
onctv
<'iirri"«i»>tideiicu
Holtcltfcl.
rafanacw Kut and woM.
J.
16
Farm Mortgage
LAWRENCE, KANSAS,
-- Tors the best socurttlei in the market.
OTT--^
rust
F'A
iossos. Send f<tr circnlur, references
:is. V. M. TKilKIN.'', Hrealdenti J, T.
-ITesl.; L. U. I'KHKINS, Secretary
Auditor
I.L,IST1'. Treaa.: N. V.
ail
\v
,
CU Au.
>v
.
u
UAUT.
i
Farm Mortgages
Bankincr House or NEIIEK
Troy.N. Y.
Kstablished 1824.
KeorKanlzed
lHfi8.
Eastern Representatives
<k
WESTERN
ALBERT
AND
SOS
tlie
NOIlTIlSvEMTEKN
(UIAItANTY I.O.\N CO
of Minneapulia, Minn. Authorlied capital. ta,0OO,0O0. Paid up
capital, fJUO.OOO.
Real Kstate
MortKaKOs worth from two to
LOAN
Guaranteed by Co. Interest
payable at our Banklnir House.
7%
8
American Investment Company,
of
6%
The
metftburii, Iowa,
Incorporated with a paid-up capital
of (•'SOOiOUO. with branches at Huron and Mitchell,
Dakota, uffer flrst Mortgage Farm Loans in Iowa,
Minn.. Dakota, and Ncb.,botli X'riuci|>al and Interest UuRrantecd. Also per cent Debenture Bonds
(obliKailons of the Company), runninK 10 years, seourea by MiTtKUKe loans deposited with the Mercanitle TniNt Co., N. V. It also issues Demand
Certiticates of Deposit at 5 per cent interest. Write
for paniphlyt and references
Home UOice. BiuHietsbiiro:, loiva«
_
£. S. Ornisby, Pre»., 130 >a88au Ht., N. Y.
GAS SECURITIES,
BROOKLiYN SECURITIES
DEALT
IN.
8BK OAS QO0TATI0N8 IN THIS PAPBR
Walsh
Geo. H. Prentiss. W. D. Prentiss. W. W.
Member N.T.Stock Exch.
John
B.
McGeorge,
BBOAD STREET,
SELECT FIRST MORTGAGES.
On Improving; IrVcNterii Property INVESTMENT SECURITIES AND
w^th present
value treble
upwards of Loan,
s per cent income; also guarauteed
ot established merchants of Minne2 to (i months, absolutely secure,
l>Gr ecnt in advance,
liefer to Nat.
ca.-*h
".)
-
ajr
Ba:
rce,
Minneapolis;
ot,
Sam'l R. Mac-
Lean. Banker, 4a Kxchange I'lace, New York, dealer
to approved Investments, to whom apply for particulars.
8. U. BAKKU. Dealer in Heal Estate and Mortgaffes.
MlnneapoliH, Minn.
COMMERCIAL PAPER,
St.
& Gcor-
Funded Bonds.
Town Bonds
of New York State
and
Kansas &, Nebraska RR. Bonds
At Auction.
and Stocli.
The Undersigned bold REGULAR AUCTION
SALES of all claases of
St. JTosepta & Paeilic RR. Bonds
STOCKS AND BONOS,
and Stock.
ON
BOUGHT BY
WEDNESDAV? AND SATURDAYS.
g;ia
3k^ttcti0n <^aX«B.
STOCKS
II.
BONDS
MULLER
PINE STREET,
»0. 12
Vlrx^
or before March
iHHV,
P. P. OLCOTT,
1.1,
Chairman of Committee.
TV^OTICE IS
HEREBY GIVEN THAT
-"•' the Central Trim
Cunipanr of .New York will reoeive the INCOME iioNDS of the Kast TenneatM
yirglnm & <»eorKia Railroad Company, and Issue Its
"'""""°'''
°"
&; SON,
NEW YORK.
"'"'
»"« *RII>AY,
'I*H^ 20t{i''iN85'"''
The assessment of WO per bond will not be payable until the committee Is ready to deliver the securities of the new company on the completion of
the
„
New
^
York. „
Kohruary
.„
,
.
F. P. OLCOTT,
Chairman ot Committee.
25, WSfl.
COn.TII§SIONCRS' SALE
ALL THE PROPERTY, FRANCHISES,
RIGHTS,
&c.
OF THE
Southern Telegraph Co.
By virtue of the following decrees entered In tbe
causes of "William Mahone, 4c.. vt. The Southern
Telegraph Company and others" and " Tbe Farmers'
Loan & Trust Company rs. Same"— viz.:
1. Decree entered In said causes In tbe
United
States Circuit court for the Eastern District of Virginia on the 21st day of December, 188S
2. Decree entered in said causes
in the United
States Circuit Court for the Western District
North Carolina on the 4th day of Kcbruary. 1888; of
3. Decree entered
in said causes In the United
States Circuit Court for the Distrk-t of South Carolina on the 4th day of February, 1S8«
4. Decree entered In said causes In tbe United
States Circuit Court for the .Middle District of Alabama on the 5th day of February, 1888
6. Decree entered
in said causes In tbe United
States Circuit Court for the Northern District of
Georgia on the 10th day of February, 1888—
the underslKned. Special Commissioners appointed
thereby, will sell at public auction, in front of tbe
Custom House in the City of Richmond, Virginia,
;
Manhattanville & St. Nicholas
Ayenue and other City Bailivay
niARCH ar, isse,
Securities Deait in.
at 12 o'clock M., ALL THE RIGHT, TITLE, AND
INTERKST,
OF EVBRV KIND AND NATURE,
TELEPHONE CALL "NEW." 727.
OF TUB SOUTIIKRN TELBXiRAPH COMPANY
42d
East Tennessee Virginia
ADRIAN
Parties doslrlns to avail themselves of thabenefltt
to be derived under the iiiireeraent for tbe purcbaaa
and reorganisation of the East Tennessee
A Qeorgik Railroad miisi drpoait their bonds
-»—..«
on
Railroad Stocks and Bonds
No. 20
affi>rdr
Chairman of Committee.
OP
AND ALL ElKDS OT
£m-
OLCOTT,
F. P.
ct.
Street
barlnsbeen
doposllcd If 1th the (
t Company np to
date. Including a n.
" Bast TannsMM
Vlrdrlla A Ocnrvlu
S per cent feoads,
all u.
«..
of the
vun .jiiiuKiiii.i
('Inolnniif
_ .^ divisional bOBoa.
and all of the doDeuiuri;!', und tbe aareemeotand
the deposit hnTlng thereby become operatlrsL
the recnalnlnK holdem are requested to (lenoali
their bonds at as early a day as poeslble. 'Tba
Certlflcates of the Central Trust Company Issned
for
bonds depoelted hare been listed on liioN. V. Stock
Kxcbanire, and constitute a soud dellrery
New York, March 8, ISSe.
reorjranliatlon.
nONTAGUB ST., BROOKLYN.
OAS STOCKS
AMD
fotu* times the amount of mortgatce, nettlne investors 6 to 8 per
COMPANY.
E. HACHPIELD,
No. 5>s Pine Street.
Geo. H. Prentiss & Co.,
No.°49 WALL ST., NEW FORK,
CAKTENTER,
of )l.'<.nng.0(M
NOTICE.
New Bends and Scrip.
1 Rome Watertown A OKdensbuni Ists aod Mi.
OsweKo A Rome ists.
iniaabetb City
of
ftUARANTEE
amnu
SOLD.
W^ANTEDl
Soloto Valley First Mort«a«e Bondi.
Soutbeni Secnrllles.
In Sams of $100 and Upwards on Indiana and Ohio Lands.
HOTHINa 8AKKH. ALWAYtl PKOMPTLT PAID
BKNU FOR PAMl'ULKT.
JOS. A. moORE,
84 Baat market St.. ludlanapolla, Imd
NORTH-
BROAD ST.
BOUGHT AND
and prliiclpat pHid on day of maFunds promptly placed. Large
w>rk.
tti.
ei
18
RR. Co.
Georgia
to the
Investment Securities
iAUE l,OANS UrOiN IMPROVBD
KI
AND
Co.,
&
Bonds
<
STAIVTOIV,
S.
THE WESTERN
financial.
Ohio Central East Tennessee Virginia
U.vo-I.TH OUF
!
ferrtMl
;
County and
City,
TOBEY& KIRK,
4 Broad Street,
New
York.
in and to the Ime of tclcgiapb to. from, and between
the City of Wa."hinKton and the City of .Selma, Ala.,
and the various branches thereof (about 1.800 miles
of poles and ab, ut 5,000 miles of wire), together
with
all
the Lauds. Pr<»pertles, Franchises, TeleCables. Poles, Wires. Instruments,
Oftices,
Fixtures. Patents,
Kra|>h Lines.
Tottis,
Ai>p;iratuse.'*.
Patent-IiiKhts, Contracti. Leases, Securities, lllghts.
Claims, Interest, and Demands of every kind, nature,
and description whatsoever, wherever the same may
be or howeversltuated.nowheld, owned, or possessed
by the said company.
The said telcgrapliUne is In good condition, and is
now doing a jjood business.
The line will be sold subject to a traflQc arrangement now existing between it and the Mutual Union
Telegraph Company, which will expire at tbe option
of tbe purchaser July 30, 1880.
Terms of Sale: Ten per cent of purchasemoney In cash and a sufficient sum in addition to
make such payment as will amount to $SO,000; the
balance within thirty days after sale.
Any further information desired will be given by
A. L. BOULWAJIB, Receiver, at Richmond, Va.
A. L.
H. B.
EQDITABLE BtTILDINO.)
HOULWARB,
TURNER,
Commissioners.
,§vcclal %nxtzstmtnts.
No. 21
NASSAU STREET,
DEALER
E.
H. L. Grant,
It)
CITY RAILWAY STOCKS,
Bailey,
S.
5h PINE STREET,
G^AS stock:®,
CO. 'S STOCKS,
INSURANCE STOCKS TRUST
TELEGRAPH STOCKS,
:>EALI.N*«S IN
A SPECIALTY.
0«A paid at once for the above securities
wiu oe sold on wimmisslon
Atlanta
:
or they
at seller's option.
Charlotte A. L. R'y Bonds.
BempbladcCbarlestou RR. Boiidn.
^k
mempblad:
Little
Carolina Central
Rock RR. Bonds.
RR. Bonds.
North Carolina State Os.
Birmingham CHy, Ala., T«.
And Mlxccllaneou* Securities.
BOUdlir A.NL) SOLD
By B. A. LANCASTER dc CO.,
4
Wall
Street.
Bank
Stociis,
No. 14S BROADHTAY,
NKW YORK.
CITT RAILROAD STOCKS & BONDS
BOUGHT AND
Insurance Stocks.
See my quotations of Trust and Tel<wraph Stocks
D Saturday's Evtnlna Pott and Dally Indlcalor.
FOR SALE-STOCKS BV
J. P. Wintrinsliiim, 3(> Pine St., N. Y.
NotoTeU'i.li'itic-Oill "232 John."
Sh<. «JAS CO. Sh^ <;\S CO. iBhs.I.NS'Il'CE.
100 Cons'ii<liifil ^''1 -Miti^iMiliian. 20 American.
|1-" Am.
UUii I'L-n,.!
60 Kquitiil/lo.
KxchVe.
C,0"« .Mun.hds.Ts.l lOWilii
Out iH
CO Mutual.
.nliil.
BriociKl.Y.v.
80 Chi"
City.
SUO.Muu.i.
; „j ;
00 Brooklj-o.
,«ut.
IS.OOO do buu(l«.|fia (ieruiaola.
lOO Citizens'
eOi'ultoaMun.l 60 Vonkers.
IM Howard.
*
I
I
SOIJ).
See Qnotatlons of City Railroads In this papsr.
11 OOPTHALL COURT,
London, E.
Ist January, 188e.
C
I
J
WEweBEG TO ACQUAINT YOV THAT
have this day commenced to carry on a gei^
Banking and Commission business at the above
address, in co-partnership, under the style of
eral
BLAKE, BOISSEVAIN &
Mr. H.
J.
DELANOY MBYEB
CO.
will slcn for
oar
firm by procuration.
STANTON BLAKH,
A. A. H. BOIBSIITAIN,
r. B.
BLAKB.
THE CHRONICLE.
1
^tnawcial.
See.
%nUviiBt, gluitljettjas,
[Vol. XI II
CI.EVEI.JiND COfcUMBUS CIIVCINISATI Sc INUIAXAP01.1S KAIL-
&
Chesapeake
2?^itt.tncial.
Ohio
COMPAJVY CONSOl/IDATEB
SIX PER CENT MORTGAGE GOLD
nOBTGAGE BONDS.
of the above
In accordance with the provisions
BONDS OF 1911.
hereby give notice that
UNION BANK
WAV
Bonds, I, the undersigned,
the following numbers viz.:
iwna 7419 74 5 6732 3890 S474 7072
3M2 3492 6227 4204
3815
5S.^2 M7S 3543 ?J«13 4327 43'-5 1»-57 6213
4837
5796 4867 4416 74^ w'o B36» 5764 7428 8307
B4I4 6745 rV'l ilitf 519a COWl 7U75 4279 H997 3924
H497
6iil5
6695
3701
(iOiS
H
741^1
51
lm« MOT ? »5 5576
J457 Mie 5<,!' 3 87I6 67=0 469- 5056 3566 3862
4^8
4I»3 4iiDl 3607 3565 4379
bonds
being 1 per cent of fortj-two hundred and one
outstanrtlng (Includii g those P»ld "nd he d in the
nave
would
that
interest
plus
me
fundi,
BlnlilnK
accrued on the bonds already redeemed, were this
day de-ignated In my presence to be redeemed,
together with the accrue.l Interest thereoi', as proTided In said bonds, at the office of Messrs. Brexel,
Morgan it Co., In he City of New York <>' J"! '5»
London, on
ollice of Messrs. J. P. Vorgan & Co., in
the flrst d .V of June, 1880, at which dite interest on
»ald above dc-iKunted bonds will cease.
Dated .New York, .Marcus, 18h6.
„
.
Trustee.
CHARLES EUVVAUll TRACY, Surviving
of Drexel, .Morgan & Co.
GEORGE S. BO DOIN,
have
as
bonds
ibed
above-desci
NolK —Such of the
been stamped. pu-.')uant to the agreement of April
281880 wiUiemain exempt from the ginking fund
provisions of the raortgnge and this notice.
GEO. H. KUSSELL, Secietary and Treasurer.
^
^ «»
S^ Mao
.
,
>
„
„
„
WALTER
B. Horn,
Public, Kings County,
Certlflcatelflled in New York County.
Attwt:
[1-8.)
NoUrv
HIC AGO & N OKTH^VESTEB RAII^
C' WAY COMPANY, 52 WALL St., New York.
Pf
March
3, 1888.
A
quarierly dividend of
THREE OCARTERS PER CENT on
ONE
AN1>
the preferred
stock of this company will be paid at this office on
Wednesday, March 24th. Transfer books will close
jUarch 9 and reopen March 26.
M. L. 8YKE9. Treasurer.
^^
Louis & San Francisco
St.
6
of Spain and England
GENERAL MORTGAGE
PER CENT GOLD BONDS OF
A.
Post Office Box 380,
CO.,
NASSAV
6
(Number
COUPON BONDS DUB 1905,
Interest Payable ((aartrrlr, march 1,
£950,050
Esq.,
Esq.,
J.
HccKS
GIBBS, Esq.,
Alfkeu u. Hcjth, Esq.
MARQCES DE PKRIJAA,
RoB'T W. Willis,
Esq.,
General Manager, M. LEVYSOHy,
Manager and Secretary, W. A. Harri3ox.
CK.NT
Jan.
I
,
Sept.
1
,
Dec.
1
,
Bank New Y'ork, or San Antonio
National Bank, San Antonio.
Farmers' Loan and Trust Company, Trustees for
at National
Capital,
BEK'DT. BOSAXQUET,
Water Works Company
PER
.
of Registered Shareliolders, 395.)
Hanbury Barclay,
OF SAN ANTONIO, TEX.,
SIX
-
-
.... je4oO,050
.... je299,T00
BOARD OF DIRECTORS:
ST.
TO INVESTORS:
S— oO,000Tlie
Capital AntUorizcd,
Capital Subscribed,
UncaUed
HATCH &
S.
1931.
(Limited).
ity
•
At a general meeting of Shareholders held in London on the 16th February,
,
mortgage.
We are selling the above bonds at par an'd interest for the present, and after careful investigation,
we confidently believe them to be an entirely safe
investment.
WOODWARD &
STILEMAN,
16 and 18 Excbange Place.
tlons
IbSO, the following resoltt*
were unanimously agreed to
:
That the Report and Balance Sheet for the year
1885 be agreed to.
That £5,000 be placed to Reserve Fund.
That a Dividend of \% per cent be declared.
That the appointment of Mr. Alfred H. Huth
as a
director be confirmed.
Scioto Valley Kailway Co.
^caX gstate.
Consolidated and Second
]IIorteai>:e
Bondliolders.
Brooklyn Property.
FOR SALE OR TO REKT.
For Sale— Keal Estate.
LcfTerfs Place, corner Grand Ave., about 50x137,
wilh gore on rear 3-^x100, including a t'oroughly
well-bui It f ame dwelling i" good order; price,t'2, ,00,
127 St, .James Place, 48 Elliot Place, 316 Park Piace,
45 Lefferts Place, and 17 Irving Place. The most
elegant and substantially finished house on Grand
Ave., near Pucnmi: two brick private dwellings,
that rent for 11 i>er cent on asking price, on Putnam Ave. near Irving Place; otners.
I
Store Property and Flats.
1,039
and
Fulton
1,03912 Fulton St., 24ft. front
>-t.,
of the holders of these securities, held on the 5th
November, 1885. composed af Messrs. John W. Kills,
20 West Mfty.seventh Street, Isaac H. Archer, 12iJ
Pearl Street, Kichiird T. Colburn, 35 Wall Street,
Hugh L. Cole, 32 Nnssau Street, New York, and
* vans U. Dick of Messrs. Dick, Brothers & Co., 333
Wal ut Street, Pliilsdelphia, earnestly request all
holders of either class of the above-named securities to communicate with the undersigned, in order
to protect their rijihts in the suit now pending for
the foreclosure of the First Mortgage.
By oruerof the Committee.
L. COLE, Secretary,
No. 33 Xaasan St., New York.
ULGH
$12,500
28.000
85,000
7,500
To Let
Navigation
1925.
Principal and Interest
Payable In Gold.
A LIiniTED AMOUNT FOR SALE BY
— Houses.
120 Gates, 385 Grand, 217 Putnam, 408 Franklin,
( lint .n, Washington
and Classon avenues; 30
and
To Let— Flats,
Gates Avenue, no stores, second and top, 7 rooms,
Street, near Criterion, 8 rooms, ?20; corner, 10 rooms, $40: 5 rooms, $:;0; lower and upper
parta, near office. $^5 and S35; one Fulton St. corner
store, 33rt. front, and one 19ft. front, plate windows, rent, $7.'»t', $81^0, both near Ciiteriaii Theatre.
We do a strictly couiniissioi business, and neither
bU7, sell nor rent ou our own account.
19; Fulton
TUEO.
A. TIIORKE,
884 Fulton St., Brooklrn.
OPEN EVRVINQS.
VKGER
CHAS.
Clifton, 316 Park. 17 Irving, and a corner on St.
James place; Monroe St., Halsey St., and others.
54
A.
CO.,
6 per cent
Oil
Creek
flrst
1,
1886.
TBE RE-
mortgage bonds,
Messrs
CO., who wUl purchase
office
of
the same at par and accrued Interest.
B7 order of the Committee,
A. niAUGUS, Secretary.
Reed
&
Flagg,
Duncan Building, Cor. Nassau & Pine Sts.
ratTBANCB No.
PINK 8TKEKT,
BROKBas AND DEALERS
IN
Secretary.
21 Old Broad Street,
20th February, 1886.
LAKE ERIE & WESTERN RAILROAD
Mr. Henry W. Smith has been added to the Purchasing v^ommitteu appointed under the plan uF reorKHUiZ'itiun tormului^ud by Messrs.
Frank
C lluIUns,
( hairman, Calvin S. Briee and Clarence Oary, Cummittee on Ueor^anization.
Holders (if the securiiiea of the road interested in
settling the properly without expensive delays are
requ sted to at uuce deposit l>'eir bonds and to afBx
their signatures lo the ajfreenient, which will be
luuud at i.ht) otfiee of the Ceutial Trust Company
and Willi the unaersigued, eou^.ituiing the i'uretias-
Ing Committee.
FUA.NK
C.
HOLLINS
HKNUV W. aMlTU
IF
(H.
B
Hollins
(Mutual
&
Co.)
l.ife Ins. Co.)
lOO.tOi)
of the charter, stockholders are
amount equal to capital stoca-
VOU WANT TO BUY OH SELL ANY
PUT.S <»R OA \A.^
write
54
ON !^T(U;KS UK BONOB
to, send tor, or call on,
UOr^fc;^«At^>l,
ExcbuiiKt* i'luce* New V'ork*
to,
tuieuraph
ll.
W.
Telepb<iuo
Fifth
caiJ
"Newnl?."
Avenue
HOTEL,
$500,000
for Corporations. Administrators
Executors, Trustees, Ouurdiaus, and Courts of Law
INTKRBST
ON DKPOSU'S, sobjeot
to check, or payable at specified dates.
Trustees under Mortgages of Railroad and other
corporations, and Kisojil Agents for the payment uf
Bonds, (.oupons. Dividends, &o,
IIIadi§on Square,
I\KW YORK.
The Largest Best Appointed and Most Liberally
Maniujed lloiel in Ihe City, with the Most Central
aud Delightful Location.
BONDS,
Moore
ALLOWKD
for the acceptance of trusts created by Will or otherwise, and the care and management of property aud
estates.
DIRECTORS.
WILLIAM CLAFLIN,
WILLIAM W. CRAPO,
MAUSII,
JOHN GOI.DTIIWAIT,
WILLIAM A. HASKELL, PA TKICK A. COLLINS,
JOHN .M. GRAHAM,
i9,yC.''- I'AIUK,
william t, parker, tho.mas f. temple.
wauken b. potter.
KHA."!'''-*
JOHN
HENRY
L.
1*1.
ORAOAfll,
Pres't.
JEIVETT, Sec'r.
NOTICJB.
appointment
COMMBRCIAL AGENTS FOR TUB
FOREIGN BUSINESS OF HIS EXCELLENCY
THE VICEROY OP THE PROVINCE OF CUIUU,
VIUPIKB OF CHINA
RVSSELIi
60
A; CO.,
WaU St.,
&
Schley,
BANKERS AND BROKERS,
26
BROAD STREET, MEW YORK.
BRANCH Offices
Connected with
I. A.KVANMjii
„ Boston.
"i-i Wall St., N. Y.
114 So. 3d St., I-hila. K. L. Brewster & Co.. ChlcajBO.
14191! St., Wash' J. Ill BU.ARD* FAR.ME11, llartf'd.
Private \Vire I onneclions.
Buy and sell >.tocks. Bonds had Miscellaneous Securities on New Y'orlt Kxch.inges, also Grain and
Provisions on Cliicago Board of Trade,
&
Spencer Trask
Bankers,
Co.,
Nos. 16 AND 18 Broab Street,
Iransact a General Banking Businest
The nnderslgned have been nominated by special
11
LoxDON,
BOSTON.
-^ORGANIZATION of the BUFFALO NEW
TORK « PUILAIIELPHIA RAILROAD COMJ'ANY requefts the holders of ihe following bonds:
a per cent B. N. Y & P flrst mortgage bonds,
TRUST DEPAUTinENT,
7 |)cr cent B, N. Y. & P. second mortgage bonds,
7 per cent Warren i Frai kiln flrst mortgage bonds, SECUEED 151' SPECIAL TRUST (JUAR.\MEE FUNB
—to present the same at the
HARRISON
lll TCUCOCK, DARLING A CO.
Transact a General Banking Business
John G. Moork. W. K, kitchen, g. B. Schlit.
Legal Depository
New York, March
DREXKL, MORGAN &.
A.
Manager aud
18T9.)
CAPITAL,
SURPLUS,
of the Board,
WILLIAM
Trust Company,
45 niLK. ST.,
,
A. Ki'iAD ( Verrailye & Co.)
CLAttENCK CAKV (Cary & Whitridge.)
liable for an additional
Igtuauctal.
By order
WlbLlAM
International
(INCORPORATED
C.
Kemp Ford & Co. to be re-elected.
WALL STREET,
By the provisions
rPHE COrainiTTEE FOR
&
OF
5s
junction of a prominent avenue,
J3ft. front
Fulton St., plot below Classon, lS5ft
Gates Ave., B. S. flat, 20ft. front
That the Auditors of the Company, Mesirs.
The committee appointed by the general meeting
Oregon R'y
That Mr. Hanbury Barclay and Ur. Bernard Tin*
dal Bosanquet be rft-elected as directors.
N. r.
Branch Offices:
OvnnecUd by Private
Wiret.
Philadelphia, 132 South Third Starect,
Albany, N. Y., 66 State Street.
ProTidence, R. I,, 18 Westminster St.
Saratoga N, Y,, Grand Union HoMr
.
1
financial;
xmtlt
%
I
I
HUNT'S MERCHANTS' MAGAZINE,
UTRESENTINQ THE USTDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATBa
VOL.
SATURDAY, MARCH
42.
NO. 1,080
1886.
6,
the increase reaches 37-3 per cent in the aggregate. For the
two months there is an excess over a year ago of 29 '9 per cent.
The Commercial and Financial Chronicle
it published in
NeiB York every Saturday morning.
(Entered at tlio Post OiHce, New York, N.Y., as second class mail matter.)
February
Two monthf.
1885.
P.Ct.
1888.
I
B. DANA & Co., PoblUhers, New York.
Wn-LIAM B. DANA. iriI.I.IAnWilliam
79 & 81
Street,
VOUK.
JOHN O. FLOYD.
NEW
Post Office Box 958.
Boston
Week Bndint
two
years.
Week .Ending
Feb. 27.
1888.
$570,39«,4S0
»123,037,387
+34-8
$683,469,818
iStockt...l1tartt.)
(1.602,4351
(1 ,001 .628)
batet.}
.606,300)
(516,000)
(,QTa(n...butlktU)
110,501,020)
(84,081,300)
(Pctrol«um..M>lt.)
(4S,7J6,000)
(85,066,000)
167,479,067
154,989,614
2,912,700
dostoD
ProTl<lenoe.«..,
3,373,800
1,130,118
Hartford
HftTon
Portland
Worcester
New
851, lis
831.809
865,383
658,218
433,028
SprlDirfleld
+46-6
N. Bncland
PblladelphU
PltUbarK
BttJtImore
Total Middle...
(2,436,049)
f+42-1)
(672,800; (+145-5)
;-42-H)
(-42-7)
(18,645,000.
(-14-3)
(91,966,000,
(fa9-9;
$76,530,248
+361
4,230,700
+19-0
+60-1
731,^35
7TJ.2oi
674.015
600,733
+22-4
+13-8
+11-7
+ie-3
+6-4
+15-9
+8-6
1,2S0,130
1.663,818
908,369
746.329
743,950
760,793
510,618
+1-9
-2-6
+10-0
+10-5
»10,101
+2?»
175,508,050
162,201,384
+21-4
$86,153,82'
+33-7
$45,314,394
$33,.544,105
+35
1
$57,624,500
7.078.0*4
6,189,052
•M4-4
7,822,09(1
12.953,274
+40-4
+25-5
+28-4
$77,902,870
+36-8
LowaU
ToUl
(+0-6)
(+17-5)
10,510,308
0,825,989
+ 70
162,902,786
•49,659,086
+20 9
~
+13 -5
138.004.372
(34,650.653
+4-3
7,821,300
6,870.800
+17 2
Milwaukee...
2,883,728
2,61)0.264
+0-5
2,887,140
+18-0
Detroit
IndUnapolli.,
Clereland....
8,746,680
2,135,544
+286
8,948,306
+ 43-1
972,611
802,160
1,419,058
+12-8
+J8-8
1,077,102
1,877.94'
992,782
679,086
+626
+0-03
+10-3
+30-8
-8-0
+65-0
1,970,187
Columbof
1,614,030
PeorU
681,888
Omaha
DeoTer*
Total Western...
Bt.
Lonli
8t.
Joseph...
Orleans.
New
Lonlsvllle.
$39,326,605
8,796,160
1.493,013
+0-4
+45-7
Tot. N. Enjr.
348,419,365,
266,018,455+30-7
769.030.045
610,054,!69 +86-2
Philadelphia..
207.6.59.361'
20.6is»,M;o
l.W.S-J«,705
24,0,S7,«89
43,(164,874,
+32-4
+23-2
+8-1
436,972.463
62.207,825
98.916,619
864,0V7,376 +88-1
54,709,5»2 +18-9
47,214,918'
284,554,144
224.580,968+38-7
697,216,907
60»,197,323
+17^
167,155,100
34.»«0,2ao
140.472.633' +19-0
31,190,700 +12-2
364,.S91,4e3
330,840.628
71,671.850
+ 1*8
Pittsburg
Baltimore
Tot. Middle.
Chicago
Cincinnati
Milwaukee...
12.!S<y.-2«4
Oetrolt
12,032,1421
Indiunapolls..
4,43.1,62^1
Cleveland
8.537,232
0,2<6,4.'53
4,683,8461 +34-0
...
Peoria
2,769,0361
11,052,708
629,684
167,264,111
|61,763,0Tn
+10-6
$61,781,966
+20-3
$l2,8'iO,D20
+11-S
+37-3
$13,695,464
848,408
+fl-8
001,89-.'
$11,517,253
482.122
7,747,230
7,8213,492
-10
8,938.34
3,456,710
3,206,732
+7-8
4,081,171
3,392,932
+203
4,078,648
4.801,863
Memphis
1,«51,703
1,663,921
-0-7
1,612,747
. .
OalTeston*...
1,038,313
Total Sonthem..
Ban Francisco
ToUlall
Otttslde
•
New Vnrk
Not Included
+H-0
1,791,182
Kansas CItr-.
$83,426,361
^o•4
$18,140,049
+5-7
+29-'.
$054.874.<'ll
+10-2
$a00,876;a8ir
+169
$i>7i,4oa.oia
+2-.-1
In toul.
The returns
for the
month of February are
of a favorable
character in fact, more satisfactory than those for January
^^'^ totals are smaller than during last monih,
*k'' ^P"'®
tlie lesser number of days embraced,
a calculation
baaed on a like period in each month would
show a gain in
the present figures.of over $70,000,000,
Contrasted with 1885,
;
;
K^^
-21
-20-6
10,3^0,B«0 t28-3
15,17><.l-is'
6,004,473,
-8-7
17.179.473 +38-3
210,223,748 +18-4
561,157,397
611,667,865
52.753,108 +7-8
1,717,4N1 +83-9
122,091,161
7,I01,5S6
78,102.327
38.919,667
36,013,970
14,469,202
180,779,978 +V1
4,429,401 +60-3
84,015,688 -7-0
36,061,005 +8-0
38,792,489 +a-»
14,524,169 -0-4
+8 4
-17
896,699,893
292,692,730
8,818,840.106 2,781,218.089 +37-8
7,988,864,228
3,15,^,020
New Orleans.
Louisville
S6.H18,165
18,016,343
33.-.i87.845
Kansas
17,11.S,547
14,552.210+17-6
Cit7..
Memphis
16.718,872
6,515,674
6,691,955
Tot. South...
138,401,934
127,723,331
San Frandsoo.
42,171,119
42,893.890
Total
all
Outside N.T..
I.078.3S2..S66
HI
+9-7
+ 1-1
95,576,601 -18-8
83.883,350
6,104,533,011
8«l,035,39-2i+21-8 2.307.827.6M2
+89-9
8.018.978,778+14-8
Our compilation embracing operations on the various New
York exchanges is brought down for another month, and
now covers the first two months of 1888 and 188.5. Grain and
Crovernmeut bonds continue to show a decline from last year,
but in the other items there is a pretty large increase, while
in the total of all there is an excess of over $422,000,000.
Two montlu,
1886.
1885.
I>e>cr<ptfan.
Par Value
Actual
Average
Par Value
Actual
Arer'90
or Quantityi
Value.
PriM.
or Quantitu
Valut.
Price.
Stock— Sh'r's
18.083,051
Value *1(iOM401800 [1157831012
RU.
bonds...
Gov't bonds.
Stato bftnds.
Bank
)
$s;,309,734'110-4
*r.'.449.,'0ll
250
tl.l.-il.-.lK)
$3,143,798
$815,724'
stocks.
Petr'l'm.bbls
Cotton, bale 4
573.720.000 $4a3,l
(ilraln...bU8l)^
230,151,186 $l.S(l,50l',8lt
Total vain e
2.13-.',l*i.073
$274.7ll8,li'l 9
»2(i9.l!46
14,547.260
il25I.-i05.r,.Vl
$(IS.02?.lliO
$108,617,598
4,3-/i2,400
71-9
84-7
16,100
»l,97O,.5O0
$l:'.'),0'
10.46.'
$i00,60.-i,M4.'i
^4
1
5c.
iM 42
:
870.807,
TO-8
$4.".-.'77,
fle-5
fa."-:;
l-<;l-4
.S38
115-4
74c.
$'94.-43, .
49/.102.'HO i-'W-'.^ll,
2.-!l'7.7iO
$6«70
*''.i',n.'-|'
8ii«,(«K),lJ0 1242,170,
81c.
|$1709556,668
Fiv« Days Ending March
1880.
-7-9
!
+1-9
-6-0
+28-7
56,873.183
+93
$8,r=2,561
$628,418.968
10,6.16,201
—1-5
259,653,803
...
+4-8
+22-6
$28,121,472
t'^0l.\-<9.V57
l2.H.ls0.r77
St. Louis
St. .loaeph
1,249.495
$8,046,514
+8-9
The exchanges for the five days, as received by telegraph this
evening, continue the favorable exhibit of previous periods.
+70-5 The total for .all the cities records an increase in contrast with
+97 the corresponding five days of last year of 27 '5 per cent.
+8-4
$30,479,286
+15-7
80.636,7351
19,709,407;
10,414,021
18,308,8141
13,800.008
5,481,9651
22,882,604
7,580.248 +45-6
5.80(1,389
6,181.«M8
3,780,767
10«,430,S86i
24,.'W(l,469
-2-4
2.8:38,219
6.995.586
72,965.560
89.086,683
+0-3
12,352,0-^8;
9,04-^172 +33-1
4,504,841 —1-6
6,548,061 +30-7
+19-0
2,609,365
2,605,909
2,746,019
3,039,260
+»1
+«-8
u.bu,-»* +U-4
9.66H.7B7 -«-8
i,«71,25i;
3,81.5,064
3,-2X5.711
2.563.(121
Two month).
Cincinnati...
Cbleaco
529,916.228
34,187.900
Percent
Balf of—
<0>eton
631,116,615
36,838,100
15.470.328
9,234,217
7,196,156
6,710,219
6,741.891
4,116.516
Lowell
Tot. West..
New York
s.a-i^sie'+gs-o
Springfleld....
Columbus.
Feb. SO.
832,ftS7,.157 +33-5
14.l!34,100| -r9-3'
+2-5
-2-M
+1U-2
2,694,142+12-2
1,672,744 +18-0
Omuha
Per Cent,
1883.
1886.
+44-8 6,681,036,636 4,085,664,838
,6S4,S
3,90H.y;!l
3.190,2-i«!
2,0Tt<,599
3,02:1,100
Worcester....
For the closing week of February the bank exchangees cover
only five business days, and compare with a like number of
days in 1885. There are only three cities which record any
decline from the returns of last year, while in the whole
country the increase reiches 29'1 per cent, and outside of New
York 16'9 per cent. On the New York Stock Exchange the five
days' dealing in shares embraced a market value of $101,007,000. against $104,683,000 in 1883, and the exchanges arising
throuijh other than stock operations reached |368,385,480 and
in the
16.002, l(K)
6,736,478
P.Ct.
$
I
310,fl4r,.n7B
Providence...
Hartford
New Haven..
Portland
CLEARING HOUSE RETURNS.
$313,(573,337 respectively
$
1,745.507,741 1,900,176,637
...
New York
1885.
SiyytSnd'gFeb.Zt
5.
Ptr
Cent.
+80-7
PerOen*
+88-1
(+26-8)
(1,281 ,823)
(-US)
+15-0
+48-9
-3-8
65,867.884
+161
M,444,000
+4-3
_g-5
10.638,403
$431,234,733
SaiaofStoelt («lis.)
Boston.
PhlladelpbU..
Baltimore
Chicaco
at. Louis
New Orleans...
(1.948,3691
(1,533,0661
«3,80S,1S0
51,016,878
&$,9»4.153
86,287,619
10,1)04.783
10,611,.1IM
48.893.000
18,174.980
6,031,163
36,436,893
12,635,883
6,379,760
Total
Balance, CountfT*
"$TO7.078,6H
48,041.930
$898,679,111
89.468,700
+8I-8
Total aU...^...
$805.720,441
$632.037,811
+$7-8
.
1888.
$475.0M.8i3
$563,763,184
Outside New York
taio.803 im "+»JFS~
«241.««n.81^
* Katlmated oa the basis of the lost weeklr returns.
S7X8.65S
+8r8
8,883.7e9
+1-9
+8-0
e,37»,S(»
+9^
-T8
$888,e»l.888
61.963,788
+18-8
te74.«8g.Ma
+816
it0ff.aK.4si
+m
THE CHRONICLE.
282
[Vou.
XUI.
overtures on our^part to European Governments in behalf
It is more and more evident every succeeding
of silver ?
THE FINANCIAL SITUATION.
past week.
money the
There has been some improvement in
though of course
increase,
the
The inquiry is evidently on
month, that there is but one chance for the white metal
in the Old World and that is through commercial diaIf we would only stop coinage and throw back
tress.
j
by
moderate. As represented
the changes are as yet
to
2^ on Europe the whole burden of this attempt to discard it
averaged from 2
bankers' balances the rates have
but
cent,
per
made at 4
as currency, they would we think quickly discover and
per cent, occasional loans being
thereafter
admit, what they try to deny now, that it is gold scarcity
and immediately
these latter were exceptional
for
loans
time
of
and gold appreciation that is disorganizing the world's comhear
the rate fell oS materially.
and
cent,
per
to
3
merce, and furthermore they would be forced to rectify it.
four months on stock collateral at 2
still be
can
bonds
wish we had the room to give the substance of
government
money on call on pledge of
paper, Secretary Manning's reply to Mr. Bland's Committee
commercial
to
regard
With
obtained at 1 per cent.
better supply and consequently respecting the silver policy, past and prospective, of the
it is reported to be in
It is a remarkably clear document; it will
are not quite so eager to Treasury.
banks
city
the
among
buyers
as
especially
prove absolutely conclusive of the questions discussed to
purchase and a little more discriminating,
their
from
funds
any one whose judgment is open to conviction; and for
they are also having more inquiry for
where
Boston,
We
from
the country's good, should have a wide circulation.
Part of the supply is
depositors.
;
I
We
We
own
prevailing cannot omit referring to the especially happy manner in
the rates are higher than those that have been
quoted at which he has stated his intentions as to the treatment of
still
are
receivable
bills
Endorsed short
here.
at 3^@ the various Government currencies which enter into his
rule
acceptances
months'
four
but
3@3i per cent,
Of course he proposes to do hia
and good single names are at 5@6 per cent. Greater receipts and payments.
4^
preference
names
now given
is
short date-paper,
and
single
of long date are not freely taken.
best to keep
them
state that
is
it
all at
But he does not
pursue that plan, simply
par with gold.
his purpose
to
There have been only slight changes in the rates for ster- because of the two he thinks it the wiser or the safer one,
cable but because the laws as they now stand permit no other
ling, and the market remains firm for short bills and
of course.
consequence
in
are
lower
This he shows most conclusively (1) from the
transfers, while 60-day drafts
London
at
rate
discount
market
open
legislation
acts from 1876 to 1884, all of which
silver
an advance in the
market is reported either imply or expressly declare their object to be the
advance probably being due to the maintenance of a common ratio between gold and silver ;
drain of money from the interior of Great Britain and the (2) from the Revised Statutes, which assign to the gold
outflow of bullion from the Bank to the Continent. This dollar the office of a standard, the section referred to
amount- expressly declaring (R. S,, Sec. 3,511) that "the gold coins
latter movement has been large this week,
to 1 13-16 per cent (though to-day the
easier at 1^ per cent), the
ing to £438,000, and doubtless some of it has gone to
Paris, for the Bank of France shows a gain of £805,400
Commercial
gold.
bills
are
still
scarce,
and those
demand not
offered are quickly absorbed, the
that are
being
satis-
" of the
United States
shall be a one-dollar
" at the standard weight of
piece,
be the unit of value" &c., thus
" grains shall
which
twenty-five and eight-tenth
making
this
gold dollar the only measure, and requiring unquestionably that to that measure every other dollar must conform;
by the exports of gold, for the reason that the shipments are mainly to the Continent, and only in very small and (3) by a reference to the earlier history of the coinpart to London.
age and currency laws of Congress from 1792 to 1878,
We think this flow of gold from every direction to the which fully support this view. As a conclusion from
fied
Continent
is
quite significant.
The Bank
of France
holds of gold very nearly 49 million pounds sterling
the 26th of February, 1885,
about
60
per
Bank
The
pounds.
35
pounds
million
cent
of
probably
is
it
per
cent
of
it
has also increased
its
gold.
;
on
held only about 40 million
Germany
has
sterling
gold),
million specie sterling a year ago,
50
now such conditions
The
(of
against
of
.of
the Secretary says that
it is,
I shall
endeavor
",letter
which about
How
and
spirit of its plain
" while
the law
in the future as I
" endeavored in the past to conform
specie
my
have
official acts to
the
requirements."
very effectively Mr. Manning's past work in
this
particular has been done our readers well know, for we
exceed have followed his results in these columns month by
about
with not to
Bank
" remains as
29
Netherlands
month from the beginning.
gold^holdings during the year about
This week the statements for
February have been issued and they
reflect a condition of
These changes are interpreted by the Treasury, as we anticipated last week they would,
gome as anticipatory^ of the struggle which is yet to come which is the best of the whole year.
It will be rememwith regard to silver.
In Germany and France there is bered that in our issue of January 2 (page 5) when
undoubtedly a large party favorable to some form of Secretary Manning issued his first bond call, we
2
million
pounds.
bi-metallism, in the latter because of the nature of
its curmarking a new
to
its
significance
as
referred
rency now, and in the former it is increasing because of
call
that
finance,
in
our
Government
phase
the commercial distress which prevails.
But late utter- being accepted by us as the clearest evidence of
ances show that the^Govemments of the two countries are
the Secretary's assurance that through the change made
beyond a doubt still opposed to it, and do not mean to
in official practice, he had fully secured control of the
adopt any permanent change of policy unless in connecgold current, which at the start had set against him so.
tion with Great Britain.
Even this week, on Wednesday, The manner in which subsequent results have conformed
the cable reports Prince Bismarck, in a speech at
a politi- to the anticipations held out in that article we need not
cal gathering, giving utterance to words
to that eftect, and stop to state.
It is only necessary to say here that the
the debate in the French Chamber last
month on the Administration has now finished its first year, and although
motion to open negotiations with a view to the
re- assem- when it began, the industrial interests of the whole country
bling of the MonetaryjConference of 1881,
indicated that were in bondage to a fear of silver monometallism because
the Government position was clearly at
present opposed of the Treasury's weakness, the Secretary finds at the
to any action. This gold^accumnlation
is therefore natural close that the Treasury is strong enough not only to meet
and prudential.
plainly
But do not these incidents show very
the foolishness— in our present
condition—of all
I
1
ordinary
.„„ „.
the
„._,
rapidly as
can pay
.„^
y^j bond calls as
permit without the least
disbursements, but
^„^^.o„^v,„„o,
„^„
the
accumulations
1
.
.
..
,
Haroh
THE CHRONICLR
8,
288
A
danger of intrenching on his gold reserve. Here is our considerable number, and their purohMes are liberal.
table of customs receipts at New York, brought feature of the business outlook is that from the West the
down to date, which gives at a glance both the former accounts are particularly good. At Chicago large orders
from the interior, with an excellent demand for all classes
weakness and present strength of the situation.
usual
HONTHI.T REGBlrra
Oir
NEW
CUSTOMS DUTtBS AT
and materials, are reported, resulting in a very
heavy distribution.
This indicates that farmers have
received a better return for their products than generally
of goods
TOUK.
PATH ISTS MADB IN-
U8B^.
P.
a.
18
«
.^66.000 31-0
84.000
0-8
3,OK7.000
85-4
2,881,000
2S-0
April
T7.000
90.000
07
0-9
1,940,000
198
MsT
09.000
0-7
1,780,000
lone
M.WO
0-7
3,211.000
t
isaa.
19.000
1
Vthrutuj ..
March
Certife'i.
Amount. P. Ct Amount. P. a.
P.Ot
Artwunt.
Mvtr
Sold Oniiflcatet
V. a. ifotu.
OoU.
Amount.
«
»
2,789.000
26-6
4,119,000
40-6
3J!91,000
4,482,000
8:-5
3,878,000
8,888.000
32-3
89-8
38-3
4,120,000
41-8
18-8
8,813,000
4,087,000
42«
3.565,000
are
33-8
8,138,000
82-5
3,210.000
9,790,000
83 3
1,710,000
13-6
345
/al7.~
93,000
08
5.008.000
460
Amtntt
0-6
4,846,000
88-8
Soptcmber.
80.000
81.000
3,408.000 28-8
6,017,000' 47-4
0-7
3,189.000
85-8
7,718,000
6.8-4
1,190.000
9-8
October.
86.000
0-8
18-8
7,823.000
70-8
1,216,000
lis
28-5
4.966.000
57-1
1,173.000
lS-5
....
23-8
NOTomber.
80.IS00
09
1,811.000
2.4-8.000
Dee«nibor..
71,000
0-7
2.468,000
24-9
6.089.000
60-9
1,837.000
13-5
68-5
1.814.000
14-8
1,027,0001
8-8
.
1880.
J«naiir7...-
flS.B00
0-0
8,801,000
311
5,821.000
rsbrnsrj
49.000
0-4
0,537,000
47-4
S.063,000l 43-4
supposed, the speculations
for
higher prices that have
been in progress in some of the articles probably being in
that way a benefit to them.
mean by this not that
We
they have received
have ruled
high
sufficiently
prices,
but simply that values
high to pay the cost of production,
and afford an average living beside. Farmers, however,
are not alone in having to accept moderate profits.
That
is
a feature everywhere.
larger
amount
notwithstanding the
Indeed,
of business doing, the profit to the producer
and manufacturer
very limited.
is still
is not to be denied that the dewhich are being made in nearly all
Note in the above that in April, 1885, silver certificates sections of the country and in all
branches of industry are
made up forty-one and three-tenths (41-3) percent of the an element in the situation that invests the
future with
Government's customs receipts at New York, while during
some doubt and uncertainty. It is not that these moveS
the last month these certificates only constituted eight and are symptoms of
unrest and discontent, or that they
These little
flight- tenths (8-8) per cent of such receipts.
betoken any general or prolonged trouble between
figures furnish an exact gauge of the Treasury situation.
capital and labor, but simply that they add to and increase
Some can see it better perhaps as reflected in the results the cost of production where prices now are
on a scale
given in the last column of the following.
that leaves but little margin of profit to the producer. It
.
In that sense,
mands
Tot.
aotd Coin
and Sultion
the
Onli
in
Gold Coin
xVet
and Bullion
Certlflcata
Iremury. vn Circulation in
Trtaivjry.
is
also,
it
for higher wages
also a fact that while
our internal trade, as said above,
on a much more extended basis than hitherto, on the
other hand our export trade shows no signs of improveis
AUKUSt 31, 1888.
September 30, 1886..
230,257,417
25I,2.'Jl,114
$125,234,800
12?,553,010
128,729,730
128.289.000
123,885.490
118,137.790
October
251,38>),349
109.020,760
142,338,589
will not take
2fll,945,.'>78
1M,554,093
146,391,486
253,331.409
105.359,601
147,991.808
251.371,561
115,281,951
136.088.610
249,801,087
105,637,050
144,161,037
mate of their value. In the matter of cotton the case is
different.
There the price has fallen below the cost of
production, while at the same time we have practically a
monopoly of the raising of the staple, since no other
country can produce it so cheaply as we can. The
moderate rise this week in that staple, therefore, not only
does no harm, but is desirable in the interest of producers
who otherwise have to dispose of their produce to the
April 30. 1883
May 29,1886
JanoSO, 1885
Jnly 81,1885
(243,162,185
244,36;>,544
247.028.623
249,367,595
31. 1885
November 30,
1888..
December3l, 1885.
Jannary 80, lf86
Fabmary 27.
1
1880
1
Here we have
the April
it
receipts
over and
only
l.'if
126,078,595
128,3(1,927
Occasionally there
ment.
decline in price, but
pushed up again.
it
is
dies
a spurt of activity on a
out the
in silver certificates) the Treasury
of greatest anxiety
But
values are
our competitive articles at our present
demands were met. That was the foreign manufacturer at a loss.
and deepest business depresEvidence of the improvement
that the
moment
It is only too evident that foreigners
183.113,324
above the 100 million currency reserve
millions of gold, and it was solely by shrewd
management
moment
120,298,895
just as it is and was.
In May (after
had been 41-3 per cent and the May
receipts 37-6 per cent
held
1117,927,395
115,810,634
esti-
in trade, as far as the
forming only 8-8
volume of business is concerned, is seen in the way in
per cent of the month's receipts, the balance m the which our bank exchanges keep increasing.
We have
Treasury is over 44 millions of gold, notwithstanding made up the figures for the month of February, and they
the payment of bond calls now in progress.
Is it any show 37 3-10 per cent gain over the same month of the
wonder, then, that confidence has revived and business previous year. Outside of New York the increase is
sprung up?
21 8-10 per cent.
For eight months past the clearings
sion.
With
to-day, with silver certificates
reference
to
the
trade
situation,
undoubtedly
the previous year have been as follows.
this- and
the late discussions in Congress, and lack of conservatism
shown
in
many
before the
of the propositions brought
House, have had a depressing
effect.
And
yet notwith-
standing
it all, the volume of business is obviously heavier
than in correspanding periods of most recent years. The
iron and steel industries,
which were the first to evince
the change in the situation, seem for the moment to have
relapsed into a state of comparative quiet, while others
are coming to the front and assuming a share in the
improvement.
In certain departments we have a manifestation
of
trade seems
in
many
infuses
special
energy.
For
extra
of
life
the
country,
into
the
and
trades
In dry goods also the situation
this,
of
allied
city
course,
with
1886-86.
1884-85.
%
«
P.Ct.
1885-36.
1884-85.
$
t
it.
appears to be espec-
P.CT.
July
3,47l,361,07&
3,199,031,698
-(^5
1,098,846,090
1.019,118,853
-HTS
August
September
2,984,252,677
2,983,593,089
•fO-0
943,195,233
3,112,022,471
3,022,390,897
-I-8-9
1,010,503,559
938,820,334
905,900,808
-H-S
4.441,948,995
4,541,210,474
3,495,9«2.446 -I-27-1
3,101,538,914 -H6-4
3,518,800.937 -1-89-8
1,882,263,903
.
October
November.
December
January..
Febroary
.
..
4,110,024,122
.
3.818,840,106
.
4,539,260,441
From
1.265,202.798
1,800,867,073
3,323,320,982 -I-8S-7 1,234,499,887
2,781,812,089-1-37-31 1,078.838,868
the foregoing
it
would seem as
if
-HO
l,125.a8«,881 -I-11-6
l,006.S18,e28 +»IS
1,138.961,100 -H4-7
1,187,943,380 -M»
881.036,898 -l-Sl-8
there had been
recent months.
some considerable falling off in
but February it should be remembered
instance, the building
to be quite active, not only in this
parts
Clearingt Outtid» lf«u> York.
CieaHnga Total AU.
Month.
Bat
a short month.
as January the
days
business
many
as
Had it contained
total would have been greater than in January.
With regard to the Reading syndicate, various addiis
Jobbers are doing an amount of business tional rumors have gained currency since our last It
that is beyond their expectations, and prices though not will be remembered that last week the entire success of
discomfiture of the
high are regarded as satisfactory.
Retailers are here in Mr. Gowen's plans and the toUl
ially favorable.
THE CHRONICLE.
284
syndicate were claimed.
This week according to the same
it was Mrauthorities the syndicate continued to live, but
Us
and his friends that were in possession of
Gowen
money bags— a
peculiar situation
admit, especially as
we
same time that Mr. Austia Corwas felt last
bin's millions, about which so much anxiety
and they
he
reach,
Gowen's
Mr.
week, were safe from
it
was announced
at the
being actually found inside
this
association of
bankers.
—
[Voi.
Rumors of an impend,
ing adjustment have been repeatedly current, and as often
ever, are all higher than last week.
The bond market continues strong, the specialweek having been the Eries, the Denver & Rio
Grande and Rio Grande Western, the East Tenn'essee
consols, and some of the lower price bonds of various roads.
denied.
ties this
affairs
the general public.
be no compulsory assessment of the stock, and further
per
that those stockholders who pay should be given a 4
in
reliance
some
apparently
put
Wall Street
cent bond.
so
and
adopted,
be
was
to
suggestion
this
that
rumor
the
without
even
mentally
noting
of
one of those steady-going concerns
attract very little attention from
Illinois Central is
whose current
to
another circumstance reported at the moment
argued
Corbin
Mr.
that
was
sigaificance—
some
be
at
on "Wednesday before the reconstruction trustees
should
there
Philadelphia for a change of plan, urging that
Still
XLH.
and according
It
The road always has been
prosperous,
to popular belief always will be prosperous.
keeps earning regular and large dividends,
pays to
its
stockholders,
who
giving the matter
its
which
it
accept them as of course and
occurrence.
a
thought
beyond
Occasionally
•
the
announcement comes that the company has accomplished some hitherto unrivalled feat, as when, two
the stock advanced on large sales. But any one who weeks ago, the ofiicials negotiated new bonds bearing
wanted to measure the probabilities with regard to the sug- only i\ per cent interest per annum, the lowest rate ever
gestion could have easily done so by fancying the condition known among railroad corporations in the United States,
compulsion and this week publicity was given to the fact that the
would building of a bridge across the Mississippi River at Cairo
money
no
Of course it would mean
adopted.
no was in contemplation, but such circumstances elicit comfor
holders,
security
junior
be paid in by any of the
anyReading
lend
basis
on
that
paratively little comment in a company so conservative in
would
man
really sane
of
with
affairs
re-construction
without
that
own
thing at 4 per cent of his
free will.
So, too, the pro-
its
management, and enjoying, consequently, such remark-
posed decrease in the fixed charges would be impossible, able credit.
The annual report for 1885, covering the third year
for what inducement would then exist for any scaling of
interest or funding of coupons into preferred stock oa since the merger with the Southern line, has been issued
Would it not in a word be the this week (full particulars will be found on another page),
the part of bondholders.
the entire essence and character and there is really nothing novel or striking to note in
of
for nothing short of a the exhibit it makes.
arrangement,
proposed
The net result is perhaps not as
of the
miracle would be able to keep the new Reading organiza favorable as in the previous year, but that is without
abandonment
tion
in
on
its
no such
feet after
stress as that
being set up.
The
syndicate
is
on the contrary, everything has
;
thus far progressed not
wholly in accordance with
only satisfactorily to
it,
original design, just as
but
we
Both the passenger and the freight
shows considerable improvement, and gross earnings
special significance.
traffic
actually increased in
amount
of $430,431.
The decrease
and entirely owing to heavier
have reported from week to week. They issued a notice to expenses. Nevertheless, the earnings were sufficient to
that effect late Thursday afternoon (which we publish in enable the company to pay its regular 8 per cent divianother column), apparently getting tired of the senseless dend, all its interest and rental charges (including those
fabrications with regard to prospects and purposes which on the Southern line), aad spend besides $548,859
have passed as facts among so many of late. We anticipate on
nominal
permanent improvements,
leaving
a
that their plan in detail will now be made public speedily surplus of §52.
That certainly is an excellent record
Beyond the influence exerted by the varying reports for a year not favorable to railroad traffic. It is
about the Reading reorganization scheme, which con. true that in 1884 the year's surplus was somewhat larger,
trolled the fluctuations in
its
the coal properties, the stock
market has been without any special feature. When it
was first announced that Mr. Corbin hai joined the syndi.
cate, and rumor had it that this meant a compromise with
Mr. Gowen, the sharp and decided rise in the coal shares
which took place affected the whole market sympatheti-
in
net
is
slight (.$44,355),
but then the company only spent $219,943
oa improvements (contributing, however, $115,138 to pay the SwedgeBlock Judgment), and in that year, too, it did not have
to pay full interest on the various new Southern branches,
and moreover had a larger income from land sales. In
the current year, 1886, it should be remembered that
Thursday, however, when the syndicate took $3,210,500 of the Southern line bonds bearing 8 per
pains to state that their plans were ^unchanged, and that
cent interest fall due, and as these are all to be replaced
they adhered to their original purpose, efforts to depress with bonds bearing only 4 or
3^ per cent interest, after the
prices became manifest, and the coal properties lost a
old bonds have been redeemed the company will save at
"good part of the previous advance.
The depression did not least 4 per cent per annum on that amount, equivalent to
extend through yesterday, but on the contrary there was
notice a decided improvemeut in the
$128,420.
a considerable display of strength, till towards the close of
present report in the way of giving the details of earn cally.
On
We
the day, when there was some irregularity, the net result
ings and expenses; not only are the gross earnings
being that most shares closed at better figures than a week
reported separately for each branch and division for every
ago.
Western Union is lower on rumors of a reduction
month of the year, but the different items of expenses
in dividends.
There have been no new developments in
(on the whole system) are also stated by months, so that
the Trans-Continental fight beyond further cuts in rates.
Limited tickets between San Francisco and
each month's accounts appear in
full.
New York
The following statement, prepared from returns colare now reported down to $40, and freight by the
Sunset lected by us, shows the week's receipts and sbipmenta of
route is being taken, it is said, at 75 cents per 100
lbs.,
gold and currency by the New York banks.
New York to San Francisco. The Union Pacific we are
told is out of the
business, not wishing to carry at a ^ss-
while the Pacific Mail
is
Week «ndino March
5,
J
880.
reported to have purchased two
new steamers the more effectively
rail routes.
The stocks of the roads
compete with the
chiefly affected, how-
to
Recelvti bv
SMvfei 6»
W. r. Banks. N. r. Bankt.
JVirt
IiiUrtor
Jlovtmmt.
I5SJ.000
t708,0OD
Loss....»!iei,000
»534,000
1798.000
I.OS9....f2M,000
Gold
Total (told and leual tenders
March
—
—
.
.
.
bank hold-
sliowa the actual changes in the
The above
1
THE CHRONICLE.
1880.]
0,
.
.
ingB of gold and curroncy caused by this movement to and
from the iutorior. In addition to that movement the banks
have gained $3,000,000 through the operations of the SubTreasury and have lost $1,731,500 by shipments of gold.
Adding these items to the above, we have the follow-
/act
it
285
was the worst of a cycle of bad
years.
It ia
aUo
superfluous to state that the chief adverse element in the
was the low rates at which business waa
urge that towards the close of the year an
important change took place, but that the change did not
affairs
year's
d
or
>De,
to
to exert much of an influence upon the
These
are circumstances to which we
ing, which should
called
attention, and which therefore we
currency
repeatedly
gold
and
for
have
of
banks
House
York Clearing
allude
to
now.
A matter of much greater
only
to
be
issued
need
statement
tobank
the
by
covered
week
the
moment is as to how the changes in results were brought
day.
about and what their extent has been, as well as the
Net Change in
tntoBunla. Out of BatUa.
WMk otutiiig .Viirck S, 1880.
whole extent of the Pennsylvania's operations. The
Bank HobKngi
1031.000
(788.000
Lou.
(204.noo
9,78 1, B'X)
Gttln..
1,',>68.5)0
jTi.sst.dbo
110,829.500
and Kuld oxporta..
TotAl gold and legal tendera
The Bank
England
of
New
11,000,000
Banks' I nterlur Moveniflnt. a« ftboTe
eob-Trciis. opor.
gain to the
total
indicate the
iaaln. tl.OOI.ilOO
£332,938 bullion during the
drawn from the interior
The Bank of France shows an
lost
This represents £105,062
week.
and £138,000 sent abroad.
increase of 20,135,000 francs gold and of 1,728,000 francs
and the Bank of Germany, since the
silver,
report,
last
cone soon enough
results.
year's
company
the
affairs of
are on such a gigantic scale that
une does not realize their dimensions
ings, here is
till
one sees the
gross and net earn-
First as regards the
actual figures.
a statement covering the operations of
all
owned or controlled east and west of Pittsburg for
the years for which figures of this kind have been
lines
all
furnished.
ALL LINES
The following indicates the
the principal European banks this
OWSBD OR CONTROLLED BAST ASD WEST OF
PITTSBCKO.
marks.
has lost 4,660,000
amount of bullion in
week and at the corresponding date
Uarch
183S.
1884.
1S8S.
t
$
«
last year.
Groaa earnings
Operating expenses.
March
4, 18t-6.
Gold.
Entire System of Hoods.
5,
Bold.
Silver.
1885.
KetearnlnKS
Silver.
I
t
03.994.MO
97,8t9.S7S 105,093,533 101,514,038
61,890,901
64,131.3l7j 88.917.0St), 60.:W5,7U
81,803,84sl 88,415,858' 38,-86.479
Observe the magnitude of these
8rt,120.9ia
Gross earnings
totals.
compared with
24,574,649
22,618.732
Bank of England
and
over
millions as compared with 1883, and
1884
12^
43.784,633
40.118,296
48.465,.574
41,7?1.072
Bank of France
18 510,460 16.441,540 12,996,450 15,884,550 yet their aggregate is only a trifle below 93 millions.
Bank of Oenimuy
and nearly 5^ milliona
89.654,766 60,226.173 77,689.395 57.665,622 Net are 2 millions below 1884
Total thia week
Total previous week ..
J0,305.502 60.266,322 77,372,041 57.507.198
below 1883, but still reach a total of 31^ miUions. Merely
The Assay Office paid $223,669 through the Sub-Treas- the 1885 loss, would make more than the total earnings
ury for domestic bullion during the week, and the Assist: of many large systems
The proportion these figures bear
ant Treasurer received the following from the Custom to the country's total earnings is equally striking. Accordhave declined about
five million dollars as
!
House.
ing to Poor, the aggregate earnings of the railroads of
Oonsisting
AHe.
Duties.
gold.
Feb. 26
$413,895 95
239.530 63
3.?8,:i33 23
433,343 68
587,227 98
501,661 42
" 27
Mar. 1
"
2.
"
3.
"
4
Total.
U.S.
Oold
Silver Oer-
Note*.
Oertifle't.
Hflcates.
t240,000
101,000
165,000
267,000
2S5.0O0
299,000
$135,000
107,000
128,000
120,000
263,000
119,000
$35,000
26,000
45,000
42,000
$9,000 $1,360,000
*902,0OO
S239 000
$3,000
1,500
1,000
1.000
l.odO
1,000
S2,516,992 89
of—
Inchided in the a bove pay ments we re $10,00
38,00(1
53,000
3
in silver
In thia
the United States in 1884 were $770,684,908.
same year the Pennsylvania, according to the above,
earned $97,849,875, or more than one-eighth of the entire
amount. Yet the mileage on which the earnings were
based was only 7,122 miles, the total mileage in the coun-
earnings, on less than 6 per cent of
Pennsylvania
informed as
keeps
to
current
its
holders
security
its
business
anticipates the results disclosed
by
its
pretty
well
and in a measure
annual report.
is
of
general
field that details
roads,
all
The
we mean of course, for the
many systems and such a wide
results
Pennsylvania covers so
question.
as the
in
the
ordinary sense are out of the
report, too,
comprises the operations of
whether worked directly or
Then
that since the
it
and has a
has this additional feature of interest,
traffic
industrial interests
&c.
—
it
is
is
average.
Still
more
afford-
times as great
three
evidence both of
striking
the magnitude of the company's operations and thu density
of
its traffic,
as well as the constant
in the passenger
and freight
growth going on, is found
given below for
statistics, as
years.
Fntin
Svi*te7n of
Bast of Pittsburg
Roada.
much
mileage,
and important sections of coun-
so varied as to cover
— manufacturing,
188S.
1885.
A Erie54.822.558
87,379,1 !5
60,254,173
6«,523.890l
5,488,165,863 5,1 14,912,189 5.06«.0«i,l75;4,882.702,5S»
Tons moved
Tons one mile
West of Pittsburg—
Tons moved
Tons one mile
'
I
I
26,SI9,047|
24,977,807
25,061.208
26.618,397
2,883.075,41512,576.009.303 2.093. 1 40.873 2,729.844,768
Total tons moved
Total tons one mile..
. .
83.n98.162|
79,800,869
81.686,098
86,872.570
8.369,840,77817,691,581.492 7.759.224,0t8| 7,592,547.30
indirectly, while
Pennsylvania embraces so
traverses such extensive
try,
system,
by the Pennsylvania
drained
earnings per mile two and
PASSEHQEKS.
the monthly statements relate merely to the lines directly
operated.
the mileage, which
nevertheless
ance, as the details
details
it
The four
an event of great importwhich it furnishes shed much light
upon the conditions and influences that were at work
report
is to say,
an excellent indication of the character of the section of
ing
WffA T THE PENNSYL VAN IA REPORT SHO WS.
By its excellent system of monthly statements the
— that
the road had almost 13 per cent of the country's railway
country
coin, c hiefly staudar d dollars
somewhat over 125,000 miles
try being
all
the different
agricultural, mining,
supposed to reflect pretty accurately the condi-
tion of the general railroad system of the country.
It would be a work of supererogation to show that the
year 1885 was not a good one for the railroads, that in
Entire Sj/»tem of Roads.
Kaat of Pittsburg Si ErieNumber carried
Number one mile
West of PlttsburgNumber carried
Number one mile
Total carried...
Total one iiiUe.,
1885.
43,280.8W|
878.S39.0l)6
11,474.584
857,519.511
1882.
1884.
40.138.107
814,827,710
18,189.99:
842,588,887
88.584.43S
789,134.935
83.8974*1
748,48^^60
13.203,376
1I.611.0S»
308, 774.204
ao.,3lfl,<ie8
41.8trt.Ml
43.M-',e83
52,^33,009
54.751.7-1
1,834.S80.«38 1,157.410.887 l,ia3.»l».L'l0'l.lir.S*4.»««
Here we see that the actual tonnage handled reached
over 60| million tons on the Eistero syste n, and over
THE CHRONICLE,
286
togethernearly
the Western system, or
26i millions on
mileage (tons
tonnage
the
that
and
tons
87 million
million tons
moved one mile) reached almost 5^ thousand
million tons
on the Eastern lines, and over 2f thousand
million tons
thousand
on the Western system, making 8^
tons t— it
million
thousand
Eight and a third
together.
;
ia
almost impossible to
country,
we compare it
we find that it
amount
for
If
total.
equivalent of passengers carried one mile,
we
to the
find that
1,234 millions were so carried.
The most significant feature however of the above table
passenger and the
is the growth it shows in both the
of the
characteristic
feature
is
a
This
freight movement.
for
strength,
its
of
illustrative
and
Pennsylvania alone
we pointed
oiit in
27,667.406 30,108,885 38,017,813 30,836,962 27,647,009 25.987,658
Net earnings...
on investm'ts.
our Supplement
article last
week)
Interest for use of
equipment
Net Penna.
its
810,929
314.636
95,70'
218.7641
...
273,225
180,52;
243,550
658,532
7,146,156
6,429,928
6,926,023
6,162,981
5,770,448
5,690,438
8,153,686|10,188,529 11,943,432 10,768,563 10,131,718 10,051,485
653,915
802,865 1,035,309
593,536
568,769
159,4971
J..
Balance
7,094,189
9,591,993 11,289,517 10,199,804
9,018,176
Less—
Fund
for purchase
of securities..
Pa. IIR. sinkg fund
Advances,
cies,
58.621
824,830
600.000
280,860
600,000
282,810
600,000
286,480
3,500
661,010
618,975
50,000
7.000
400.085
50.000
15,000
600,000
291,000
Ac—
penn. Company
!1,000,640
^umolcin Coal.Allegh.Val.EB.
Sunb Haz. i W..
Fred. & Penaa..
Elmira Chem.&C.
Am. Steamship.
Phlia.
600,000
277,460
deficien-
&
Ji
•
701,575
15,000
15,000
00,000
180.000
15,000
-
115,000
50,000
15,000
90,000
175,974
148,332
Erie..-.
Potomac
Balance for stock..
7,000
332,150
27,423
tonnage
and passenger mileage in recent years, while roads like
the Erie, the Lake Shore, and even New York Central,
have suffered a very heavy decline since 1881. On the
Eastern system there has been no break in the upward
movement of the tonnage mileage in any of the years
286,141
277,760
15.299,M« 17,111,552 18,373,360 16,931,491 15,902,166 15,741,928
Dlv...
Loss United N.
Bait.
the Pennsylvania has almost steadily increased
10,446,772 12,621,778 13,686,400 12,058.186 12.178.540 11.936.173
4.446.434 3,956,374 4,118,059 3,510.562 3,211,466 2,903,669
Int.
Total
Rentals, Int., &c..
Over 54f million passengers actually boarded
comes
the company, east and west, and when it
(as
Phlla.
to
Pitts,
and branches
with the aggregate for the entire
whole
is about one-fifth of the
the cars of
1880.
Operat'g expenses- 17,220,634 17,575,107 18,321,413 17.878,776 15,468,469 14,051,496
Other items
waa 44,725,207,677 tons. The
second only to the freight figures.
1881.
188S.
Gross earn'gs, line
grasp the significance of such a
1884, wHich
passenger figures are
RR.
Pennsi/lvania
XUI.
[Vol.
25,576
29,450
2,190,666
1,590,780
1,736,870
1,685,285
1,767,871
1,377,807
5,803,523
8,001,213
9,652,64'
8,514,519
8,060,982
7,838,569
(5 p. 0.)
(7 p. c.)
4,738,893
6,560,78!(
(8«
p. c.) (8>^ p. c
(8 p. C-)
(7 p. c.)
6,800,715
5,861,718
4,820,914
1,440,425 2,021,997 1,633,804
t603,452
226,756
tS63,355 {1,020,691
Surp. beglnn'g year 14,032,918] 13,613,184 12,194,689 10,344,079
2,199,264
2,817,656
360,866
7,793,949
4,181,074
loss.--. 14,734,193' 14,032,918 13.613.184 12,194,639 10,344,079
7,793,949
Dividends
J
Remainder....
Other credit items
7,530,660
)
1,064,630
795,220
Total to credit of
on the Western system the result has been less
satisfactory, with a falling off in both 1883 and 1884, but
given
;
and
profit
•
Including $200,000 in 1882 and $100,000 in 1883 for bonds due State of
Penn
sylvania.
1 nebit— sundry amounts charged off for depreciation.
was recovered, and much more than
Total advances during the year 1885 were 11,667,733, but only the amount
As regards the passen- above was charged against the income of the Pennsylvania Railroad.
recoverec", at one bound in 1885.
This shows that, unsatisfactory though the year was,
ger mileage, the Western system has not fared so well,
but on the Eastern system the gain from year to year has the company earned not only the five per cent actually
this
falling
off
!
been uninterrupted.
It is to
be noted that on the com-
bined system the gain in tonnage mileage over the preceding year was as
much
as
678 million
tons,
senger mileage 77 million passengers, and yet
and
in pas-
we have
above that the 1885 gross earnings were about
seen
five million
dollars below those of 1884, which fact therefore confirms
our remark above that the chief adverse element in the
1885 business was the low rates at which traffic had to
be carried. As bearing upon the same point, and as showing
what would have been the effects of higher rates, we may
say that an addition of only one mill per ton on the 8,369
million tons of freight
$8,369,000
to
the
moved one mile would have added
corporation's
decline on the 2,248 miles
earnings— the actual
paid on
its
stock, but a surplus ($1,064,630) equal to over
one per cent more, of which surplus $363,355 was charged
off for
depreciation of old accounts.
The surplus remains,
too, after allowance in full for all deductions
cies
of
every kind
Western
and
but
;
we most
deficien-
the loss in operating the
This latter item the company
lines.
before included
—including
has
not
decidedly favor the present
In fact, in arriving at the year's profits, there
method.
seems no reason whatever why the Western system should
not be brought into the accounts.
It
comes
in,
in years of
prosperity, in the shape of dividends on the Pennsylvania
Company
stock, every share of
road owns, and
it
which the Pennsylvania
Rail-
should'likewise form part of the accounts
when the system is not only unable
burg and Erie, and which is the mileage embraced in the to return any dividend to the Pennsylvania Railroad, but
monthly statements, (we have not the figure for the entire must draw upon it to meet its deficiencies. The actual deficonfederation) was more than a mill between 1884 and
ciency on the year's operations was $1,092,973, the amount
1885 alone, the average rate received for the latter year of the advances by the Pennsylvania Railroad was $1,667,having been 695 thousandths of a cent, and for the former
733, and the amount of the same charged against income
year having been 804 thousandths.
was $1,000,640. In the previous year the deficiency was
As
directly operated east of Pitts-
to the financial results of operations
income, charges, dividends,
—gross and net
&c.—nothing shows
in years of adversity,
$861,891, and had the
whole of
this
been charged
ofl
the out-
against that year's accounts the surplus of the Pennsylva-
of the year so plainly, and at the same
time the
changes from previous years, as the following statement
in
our usual form. It follows the plan of the
would have been $578,534, instead
and this surplus of $578,534
of $1,440,425,
(made up, however, on the basis of 7 per cent dividends)
would compare with the surplus of $1,064,630 for the year
1885 the latter on the basis of 5 per cent dividends. The
come
company
in
giving the gross and net income simply
on the main line
and branches between Pittsburg and Philadelphia,
and
clustering everything else about that.
In effect, it comprises the result on the entire
confederation of roads east
and west, for not only are the rentals,
&c., of the immediate branches brought in as an item
against net income
and deducted, but the losses and deficiencies
on the other
roads in the system for which the
Pennsylvania is responsible are also separately stated,
while as regards the roads
which are controUed, and which yield a
profit, their result
and its variations from year to
year is comprised in the
item of interest from investments.
nia Railroad for 1884
as
given,
—
comparison with the years preceding 1884, as given above,
is correct, since in none of those years did the Western lines
net a deficiency.
As
already said, the gross and net earnings
in
the
above cover merely the lines and branches between Philadelphia and Pittsburg, but nevertheless the loss on these
as
compared
with
the
year
preceding,
amounts
to
over 2^ millions in gross, and to $2,175,000 in net, and
the question arises how was the company able to make
such a relatively good exhibit as regards dividends and
—
March
.
IHE CHRONICLE
«, 1886.]
287
heavy loss and also the large and 156,064 bales as compared with 1883-84.
The are aa follows.
Company lines.
Pennsylvania
deficiency on the
the
per
cent
divicourse
5
Of
seek.
far
to
OVBRLAITD mOll aBFTBMBBB I TO MAROR
answer is not
dend called for much less than the 7 per cent rate (the
Burplus, in the fftce of this
Pennsylvania Railroad having a large
capital),
but besides
by stockholders' resolution, as several times referred
this,
(out of income) to
to in these columns, the contribution
the fund for the purchase of securities was changed from
the regular annual sum of $600,000 to one per cent of
the net income of the company before payment of dividend to shareholders, which in 1885 required only $58,621
—a saving of $541,000. Then the United New Jersey
New ^ork—is
between Philadelphia and
Company— lines
entailing a gradually diminishing loss, notwithstanding
the 10 per cent dividends which the Pennsylvania has to
pay under
guarantee, and the loss
its
1885 was only
for
$159, 197, against $593,536 in 1884, and $1,035,309 back
Finally, the item of income from investments is
in 1880.
yielding
more and more with each succeeding
year, the
1885 being $4,446,434, against only $2,110,933
but six years before, in 1879. This amount for 1885 is
stited to be " $366,336 in excess of the interest on the
total for
somewhat surprising,
the investments on which this income
one time,
of the securities
which
making a handsome
at
first
754,467
762.421
189,220
180,950
354,168
54,382
46,695
38,92%
16,870
37,305
29,302
15,020
36,497
49,690
77,937
76,017
8,749
not included above..
15,601
34,737
17,108
65,753
63,201
236
4,801
0,395
3,4.'50
100
108
10,007
7,302
796
807
6,096
4,673
4,707
1,067
5,002
Total to be deducted
270,556
252,685
301,351
Leaving total net overland*.
617.134
501,782
461,070
Savannah
Charleston
North Carolina ports
Virginia ports
957
67
698
* This total Includes shipments to Canada by rail, which slnoe
September 1 In 1885-6 amounted to 26,363 bales, in 1884-5 were 14,936
bales and in 1883-1 were 13,728 bales.
RECEIPTS, EXPORTS
AND SPINNERS' TAKINGS.
Receipts at the ports during the
necessary
887,690
sfl,oao
Orleans
Mobile
return.
the
3,364
320,917
42,129
146,675
73,280
13,956
37,409
38.521
42,850
16,610
64,800
61,482
&,88«
New
yielded nothing are
the policy to provide
In pursuance of
many
now
820,447
118,678
140,800
14,829
27,782
37.180
Receipts overland at N.Y., Boston,&c.
Shipments bei<reen (or South from)
Western Interior towns
Shivments inland and Southern Spinners' Takings (not otherwise deducted) /» i»t—
Galveston
is
but the amount of
is based, has been greatly increased, and, moreover,
818,»88
146,405
Deduel—
item in recent years, in view of the loss of dividends on the
Pennsylvania Company stock, which latter yielded as much
at
1883-4.
Total gross overland
"entire funded indebtedness of the railroad, exclusive of
" interest on car trust certificates." The growth of the
as a million dollars
1.
1884-B.
Over EvansvlUe A Terre Haute
Over JefferBonvlUe Uad. & IndlanapoUa
Over Ohio & Mlaslaalppl Branch
Over LouIavlUe Oinclnnati St Lexington
Receipts at Cincinnati by Ohio River..
Receipts at Cincinnati by Cln. Sonth'ru
Over other routes
mills,
details
i88»-e.
Since September 1 SMpptd—
I''Tom Bt. Loula
Over lUlDola Oentnil
Over Cairo iSt Vlnoeimea
Over the Mlaslmlppl River, above St. L.
Shipped to
The
free,
month have been
quite
reaching 414,656 bales, and exceeding the figures for
—
means for expenditures on account of new construction February of both 1885 and 1884 the former by 153,207
and equipment in great part by increased share issues bales and the latter 28,718 bales.
The February receipts
rather than increased bond issues, the board of managers, in this year have also been less at the expense of stocks at
closing their report, ask for authority to issue 300,000 addithe interior towns than during former seasons, the reductional shares of stock ($15,000,000), to be disposed of from
tion of those stocks during the month having reached only
time to time as the company's needs may require, the 400,000 34,000 bales, against 65,000 and 72,000 bales, respectively,
shares placed at their disposal in 1881 having been nearly in 1885 and 1884.
The total receipts for the six months
exhaused. There would seem no objection to the granting
exhibit an increase of 153,276 bales over the corresponding
Such a system of roads as the Pennsyl- period of last season, and 199,083 bales over the same time
of this request.
vania requires a great deal of additional money from in 1883-84.
In this increase all the more important ports
year to year, and it is well to provide for the need in
Exports to
Charleston
and Norfolk, participate.
except
season.
foreign ports were also of greater volume during February
CONSUMPTION AND
COTTON
OVERLAND
MOVEMENT TO MARCH
now
cover six months of the cotton
OVERLAND MOVEMENT TO MARCH
Gross shipments
crease
by
rail
1.
table of details
Motwment/rom RtcHpta ReceivU
during February record a de-
from the figures for the same month of
there
is
a
increase
small
aggregate for the six months,
however,
a very material excess over both
Sept.
1,
itarch
1885
1.
f/i
1886.
last
;
there
in
the
is
still
bales, against 94,.
year and 83,848 bales two years ago.
Tne
falling off in
comparison with
1885, but less decided than in the gross.
Contrasted with
net total also exhibits
some
however, there is a very substantial gain but in
February of that year the movement was remarkably
1884,
small
—
reached only 16,399 bales, while during
the month just closed it was 57,935 bales.
In February,
fact,
1885, the net
is
was 59,304
bales.
an excess of 115,352 bales, as
For the six months there
compared with 1884-85,
is
given below.
ZPOBTS
SDICI SIPT.
1886,
TOatoeks
Oreat
France.
Britain'
210.288
16,645
1.512,987 1,391,611
226,347 222,030
607,036
81,988
287.017
48,084
701,586
89,472
687,194
89,758
Bnmswlck, 4o.
14,530
Charleston
Port Royal.io.
429,851
9,684
496,377
73,017
11,1190
6.078
New Orleans
Mobile
1,
since
Sevt. 1,
1884.
442,355
10,288
Indlanola, 40..
633,9U2
781
Cbntlnent.
Total.
More*
1.
292,847
«2.7S»
812,965 1,067.007
81,968
872,50a
86.014
351,606
49J69
4
74490
163,867
254,971
86,278
21.984
69,160
8,100
2,328
4.310
16.941
»i.l48
132.182
674
178.107
51.240
437.744
8S.7S9
i.ess
16.133
89.687
Sl.TtH
20.891
1.618,802
310.220
9U1.7M
M1S.T»
l,01S,4»8
Total 1884-86...
4,890.411 1.958.241
317.958
86e.8«9 8,I82.B8S
797.19a
Total 1888«t....
4.353.604 1.868,683
873.046
704,787 2.944.863
•48.694
Florida
SftTannah
WUmlDKton
89,084
91.676
Moreh'd
5,305
462.929
227.401
48,621
73,998
37,608
28,996
9.503
515.615
864,587
60.667
78,068
24,066
89,281
C 4«.
Norfolk
West Point.40.
New York
;
in
since
Sepl.l.
1885.
1885,
1884-85 and 1883-84.
The month's movement has been 85,116
656 bales
1884
over
a loss from 1884-85 of 213,757
but the decline from 1882-83 reaches only 25,577
bales.
Port stocks are now 221,306 bales ahead of 1885,
and at the interior towns the excess is fully 226,000 bales.
Galveston
but
is
but record a small
In the aggregate for the
bales,
Our usual
crop season.
last year,
from two years ago.
season to date there
land movement, receipts, exports, &c., for another month.
figures, therefore,
decline
1.
To-day we are able to make up our statements of over-
The
than for the same month of
BalUmore
Phlladelphia,4c.
Total 1886-86.... 4,652,887
•
Onat Britain exports
8^52 253,598
19,2«7
20S
40,168
166,460
34.299
280,416
83,066
71,919
4.301
28.391
tnolnde to the Chaaneb
888.«(vi
8310
—
.
.
THE CHRONICLE.
288
Using the
facts disclosed
by
1883-81.
1884-85.
Keoelpfas at the porta to Marcli 1 ...bales. 4,552,687 4.399,411 4,353.604
Met Blilpmenttf overland during same time 617,134 501,782 461,070
bales. 5,169,821 4,901,193 4,814,671
Total receipts
Bontbem oonsumption since September 1.
Ending March
and
190,000
1,
1886.
Texas
Average Averagi
Average
Weight.
Weight.
Weight.
328.444,246
730,016.227
114,078,888
372,165,100
209,804,070
328,044,816
44,107,980
497,141,172
517-42
482-50
504-00
487-00
476-35
475-20
467-30
491-56
514-09
476-50
498-00
46J-50
467-10
469-42
495-CO
51U-14
478-49
494-00
467-63
468-52
473-00
470-42
494-66
2,623.802.799
488-17
4SO-68
482-38
631,773
Louisiana
1.512.9ST
Alabama
226,317
764,200
440.441
690,330
94.389
Georgia*
,
South Carolina.
Virginia
North Carolina.
Tennessee, &o.
1,011,354
Total
5.3T4.«21
Including Florida.
Same
peri'd in peri'd in
1884-5. 1883-4.
46508
It will be noticed that the movement up to March 1
more than in 1884-85
To determine the shows an increase in the average weight as compared with
the same period of the last two years, the average this
the hands of Northern spinners
thus seen to be 293,628 bales
is
370, 147 bales
more
than in 1883-84.
portion which has gone into
during the same period, we have prepared the following.
Total receipts to March
fStook
Weight in
Pounds.
Bales.
since September 1 in
The amount of cotton marketed
1885
180,000
203,000
Number of
bales. 5,374.821 .^,08 1,1 93 .=i,n04.674
Total to March 1
1,
bales. 5,374
1386, as above
821
2,882- 132,421
5,507,242
Total supply to March 1,1888
supply there has been exported
to foreign ports since Sept. 1, 1885.2,918,778
Less foreign cotton included... bales.
1,917-2,916,861
Bent to Canada direct from West
26,363
Burnt North and South
2,102
Btock on hand end of month (March 1, 1886)—
AtNorthern ports
bales. 317,614
At Southern ports
670,885—1,018,499
this
At Northern
Interior markets
7,692—3,971,519
Total takings by spinners since September
Taken by Southern spinners
1,
year being 488-17
for the
lbs.
same time
per bale, against 480-68
1884-85 and 482-38
in
lbs.
per bale
per Dale in
lbs.
1883-84.
on hand commencement of year (Sept. 1, 1885)
108,225
21,314 —129,539
AtNorthem ports
At Soathem ports
At Northern interior' markets
OI
Stx Months
shall find that the portion of the crop
1885-86.
XLU.
[Vol.
Same
the foregoing statements,
which has reached
a market through the outports and overland, and the
Southern consumption since September 1, this year and
the two previous years, is as follows.
we
.
1885. .bales
1,533,723
203,000
Taken by Northern spinners since September 1, 1835
Taken by Northern spinners same time In 1884-85
THE COTTON GOODS TRADE IN FEBRUARY.
There was a fairly active movement in staple cotton
goods during the fore part of the month in the leading
markets, but latterly
the
demand by wholesale buyers
The tone of the market
has been comparatively light.
continued very strong, and some descriptions of plain and
colored cottons were slightly advanced because of the
increased cost of labor.
in
hand,
troubles,
Stocks of cotton goods are well
having been restricted by labor
and by floods and " wash outs'' in the manufac-
production
turing districts.
Print cloths were in moderate demand,
1,330,723
but prices were easier and in buyer's favor.
1,06 1.798
print cloths
Stocks of
the hands of
manufacturers and specuIncrease in takings by Northern spinners this year
260,925 lators reached at the close of February
about 450,000
The above indicates that Northern spinners had up to pieces, against 343,000 on January 31, and
1,263,000
March 1 taken 1,330,723 liales, an increase over the pieces February 28, 1885.
corresponding period of 1884-85 of 260,925 bales and an
same time of 1883-84 of 208,589
AMOUNT OF CROP NOW IN SIGHT.
increase over the
An
crop
additional fact of interest
which was
in
We
previous years.
sight on
March
is
1,
at that date at the interior
towns, less stock held by them at the beginning of the
on March
1
we
find the result for three years
be as follows.
to
1883-86.
Total marketed, as above. ...hales.
Interior stocks in excess of Sept. 1
Total Insight...
bales.
5,374,821
1884-S5.
1883-S4.
425,000
5,081,193
193,000
5,001,674
17S,00U
5,799,821
5,279,193
5.182,674
This indicates that the movement up to March
1
of
is 520,628 bales more than in 1884.85
and
617,147 bales more than in 1883-84.
the present year
As
it
February.
Oott'n
low
middling.
the total of the
compared with
reach that point by adding to the
In this manner
1885.
1884.
\
above the stock remaining
season.
1886.
bales.
In the foregoing we have the number of bales which
has already been marketed this year and the two previous
seasons.
in
8%
8%
3^
8%
3.
4.
5.
6.,
7.,
8..
9..
ings^
low
stanxl-
mid-
10..
II..
12..
13..
14..
15..
16..
17..
18..
19..
8»a
a»8
8=8
8=8
8*16
20..
21..
22..
23..
24..
23..
Sheet- Oott'n Print
ing
ings,
cloths, stand-
61x64 urd. dling. 64x64 ard.
3-33
3-31
3-31
3-27
3-^5
3-25
..S..
81.10 3-25
3-25
3-23
3-23
3-23
..8...
6«i
6%
65i
64i
634
6%
H\
6%
63t
6%
3-2-J
.. 8...
63i
3-23
3-22
3-20
3-19
3-19
6%
en
6^
6%
6%
6\
8h
8^
3-19
8'i«
.Holi day
3-19
6%
3 19
63i
3-19
6?i
3-19
6^
3-19
6%
lOiSiB
lOlSio
IU13
1013
1013,6
1013l6
311
3-11
3-11
3-11
3-09
3-09
..
8...
3-09
1013
3-09
1013,6 3-09
ibi'3
1013,
1013ie
lo'a
3 (19
3-09
iOVg'
lO's
3-09
1015,,
1016,,
lOlB,,
309
309
.
714
714
714
71*
7'4
714
'7\'
714
714
3-09
3-09
3-09
714
714
7Ji'
714
714
7.4
7'4
7>4
8%
8%
•26..
..Hon day..
lllfl
lllfl
3-Oi*
113,6
113,6
3-12
3-12
3-12
20»
7»4
714
714
714
7'4
ing
Shttl.
ingt,
3-63
3-63
103a
1038
..8...
714
7I4
3-63
74"
l038
3-113
38
3-63
3 63
3-63
3-63
714
7>4
714
714
7>4
i'Jaa'
1
10%
103a
1038
..8...
7 14
8...
3-i»9
low
mid- eloihs. standdling 04x64 ard.
1038
1038
103a
1038
1038
10^8
.i-63
3-d3
3-63
3-63
a-t)3
3-60
,.
1033'
7'4
714
7>4
714
714
714
8...
3 60
3-36
3-56
3-56
1038
714
714
714
.Holi day...
3-36
714
l'«!3^"
3 36
107,6
lO^a
tola
lO^a
3-33
a-30
3-50
3-17
i03a
1038
1038
.
27..
28..
29..
will interest the reader to see
Sheet- Oott'n Printclot,
.
8...
7V
714
7 "4
..8..
Ills
7>4
what has come into
714
sight each month of the season during
this and previous
years, we have prepared the foUowing,
above prices are— For cotton, low middliuB upluud at New York,
which shows the forThe
priuting cloths, manufacturers' prices for sheetings, agents' prices
movement for the last four seasons.
which are sutject to an average disoounnt of 5 per cent.
^
;
Jlontht.
1885-8.
September
October
November
December.
January
febroary
Total 6 months.
I
485,552
1,360,870
i 443 433
1884-5.
1883-1.
413,836
450,047
1.309.111
1,390,902
1,360,404
1,32.5,716
479,.591
513.187
291,753
1.317.773
1.264,816
453.985
370.337
5.799.821
5,279.193
5.182.674
1,488,582
541,793
1882-3.
402.336
1.130,761
1,402,932
1,435,006
803,565
664,834
!
5.889^454
WEIGHT OF BALES.
To furnish a more exact measure
to March
we give below our
1,
of
usual
7' ^'"^ '°'
Stl^V*"'-''same time m the two
."^e
the receipts
table
of
""'^P^rison the figures
previous seasons.
FINANCIAL REVIEW OF FEBRUARY.
The month of February was more encouraging than its
predecessor, and the tone at the stock exchanges in New
York and other cities was decidedly firmer. It was
worthy of comment, too, that this better feeling occurred
in the face of
month
an export of gold which amounted
to $5,365,913.
was due, of course, in large measure to
up of our domestic produce, particularly
the the prices in Liverpool were generally
for prices in New York, so that exports on
mpossible.
in
the
This outward movement of gold
the small exports
of breadstufis, as
below our relative
a large scale were
h
.
Maboh
THE CHRONICLE.
6, 1886.J
r-
England mininmm rate of discount was
reduced on February 18th to 2 per cent, and in our own
market money was very abundant, the rates on call being
The Bank
of
generally lCo)3 per
cent,
Am.
coup. coup.
a combination
among
the anthracite
This combination was rumored the first
week in February and confirmed by public announcement
the second week, sending stocks upward, and naturally
giving great buoyancy to the stocks of the coal roads,
coal companies.
among which Lackawanna and Delaware & Hudson were
Jersey Central stock was
also
Ftiruary. 18U1,
Al,
11)07,
Omit.,
coup. roup.
reg.
30
......
A
124>e
31
124^
121^
32
23
24
26
26
27
28
$:::::.:::
7
..8...
g
9
112Ta 124%
....
10
11
rtg.
rtg.
i'2a>i
idoi*
'U3>a 126^
13419
113«i 12«'4
113T« I2r>« 101
„.. 114 127>k
I24''e
113 lat'e
I1314 I2314
13.........
13
14
16...
18
17
i
i« pisn<i(TAiir, 1084.
19
4.,
New
reg.
I
3
3
prominent.
1890.
with only exceptional transac-
The great event of the month in the stock market was
the announcement of a syndicate, with Drexel, Morgan &
Co. at the head, and a pledged capital of $15,000,000, to
reorganize the Philadelphia & Reading Railroad, and inci-
most
Our.,
febniary. 181)1. 1907,
tions at 4 per cent.
dentally to perfect
289
OLORiNO PBiom OP oavBRHMitirr MmarniM
,
113
........
Open
112'8 12l>«
..S...
aT(jh
114
125 >4
12538 lOOOf
Low
112'>« 12418
dot.
114
100^
127%
101
\WH
18e>a
ICON 130 la
1278* 101
i36>e
l'253i,
I2M9
The following table will show the lowest, highest and
closing prices of railway and miscellaneons stocks at the
New york Stock Exchange during tho moatha of
I«
January and February.
and buoyant after the Legislature voted against
RANOE OF STOCKS Of JANUARY AND FSBRCABT.
January.
February.^— .^
permitting the erection of a bridge over the Kills by the
Closing Low- Hiali- Oloting Loa- Uiuh- Olos'a
est.
Jan.
est.
est. Feb. 27.
Dec.
31.
est
30.
Railroads.
the
lease
of the
Baltimore & Ohio Railroad Co., and
138
llOH) 110
Albany &8u.siiueh'a
1371s lll^s 143
9373
Top.*
871«
Atchison
8.
Fe
88%
31%
Reading
was
Philadelphia
declared
&
Jersey Central to the
8I3
7 '8
914
914
Atlantic & Pacitlo...
9%
7'8
8''a
ig
>4
9714
101
100
Bost.&N.Y.AirJ.,.
100
Runyon.
nf.
061a
void by Chancellor
"70"
'70'%
75
Burl. Cedar K. A No.
70
70
70
'62 Ml
68 14
6278
61
66
6318
The principal check to the advance in stocks came from Cauiiilian Pacific
43 14 "421a
Canada Southern
45% 43 13
381a
421a
421a
railroad
•11
pool
about
*12
III4
trans-contmental
the
the
11
in
Falls
Minn.
breach
Cedar
I414
14
the
121s
active
.
.
St,
middle of the month the oDBcers could not agree as to
the Atchison Company
allowed
percentages to be
declined to arbitrate the pool dissolved, and the 30 days'
notice was given to the Pacific Mail Steamsliip Co. of the
;
;
Central Iowa
Central of N. Jersey.
Central Pacitin
Charlotte Col. & AuK
2II9
17
43^
221a
4214
£914
4414 431s
30
30
Ches
1214
21
lOia
I814
1314
2113
$85,000 per month.
On
the Vanderbilt holdings of
was reported that
Philadelphia & Reading stock, amounting to some 67,500
shares, and 38,100 other shares, had been purchased in the
the 20th
Gowen
it
turned out afterwards that the pur.
chase of this stock was mainly by or through Mr. Austin
Corbin, wno soon came into the Drexel, Morgan syndicate.
Slocks were pretty well sustained till the close of
the month.
Railroad and other bonds were very strong, prices
advancing almost steadily, and the Illinois Central negotiated a limited amount of its mortgage gold bonds at 3^
per cent.
Foreign exchange was dull most of the time, but rates
were firmer, and gold to the amount above mentioned of
§5,365,913 was shipped from New York during the
interest;
but
it
month.
The following summary shows the condition of the New
York City Clearing- House banks, rates of foreign exchange
and prices of leadius^ securities and articles of merchandise, about the 1st of March 1884, 1885 and 1886.
STATIBnCAL SUMMAET ON OE ABOUT MARCH
1881.
I^egal tenders
Legal reserve
Etservo held
$
18,629,975
Call loans
Prime paper, sixty days
Silver m Loudon per oz
Prime sterliug bills, 60 days..
,
Bonds-
2
4Bof 1<J07, coupon
Railroad Stocks—
Mow York Central A Hud. Riv.
Erie (N. Y. L. E. & W.)
I-ake Shore & Mich. Southern.
Hichi|;au Central
Chicago Kock l.ijland & Faclflc
Ullnoia Cent nil
Cblcasro & Northwestern, com.
raiciigo Milw. & St. Haul, com.
D< laware Laik. & Western
Central of Mew Jersey
. .
51 "ad.
4 8713
AmeHian
XX
26,937,775
li4®2
435
391
49>«d.
46^8
4 88I3
4 81
lom
10058
134
Ill's
133
Ill's
123''8
12214
12714
93T8
105?t
277s
861a
116
ll-<:''s
lOlHi
64 Hi
90
120 14
130
118
112'a
1351a
94 «8
«0>4
72^
10»i«
91^4
10'.:^
12fi08
128
87J4
Merchandise—
«
$
49,120,650
I'^lifl
4ai>3
101
135
U. 8
us, 1891, coupon
Wool,
1886.
Gi
38 >4
B).
ICs
117,,
lb.
33311
33-335
72
130
110
61
351-2
20 50921.50 18 00® 18 50 18 00® 19 50
3100
27 00
34 0033150
Wheat. No. 2 red wiu.S biuih 1 1314-1
8918914
Com, West. mlx.No. 2 $ bush
49i2-l!i%
5014*51
6:i%a63
Pork, mesa
« bbl.
18 00
13 50«'.3 75 11 76312 00
Anier. pie. No.
Steel rails at mills
Iron-,
l..«
ton.
im
.
I
etTolcum
Ditut linn
'Ohloaeo
Istpref.
2d
&
13
13911
pref.
Alton
Do
pref.
Ohio. Burl. * Quiucy.
Chioa,^o& Cast Ills..
Chlo. Mil.
& St.
137 58
'95 Tg
121
Paul.
Do
pref.
ci»r'lfl"-'ai
1
n<fa
as
79
SOH
120
&
&Ch
70
Cin. Ind.St. L.
Cin. San. & Giev
Clev. Col. Cin. & Ind.
Clev. & Pittsb., guar
Col. A Griieuv., pref
Col. Ilock.Val. &T0I.
59
S3
UcLLack.&West'm.
Denver & R. Grande
Do assm't paid
Dubuque & Sioux
East Tenn. Va.
f 1251a
(21
C
6%
15
9638
1241a
110=8
I5I4
35I3
318
31
II914
26
Evansville
&
6714
671a
23
lOH
A Tex. Cent..
Dliuois Centriil
Do L'sed Line 4 p.c
*30
139ia
Hoiist.
A
8
138%
93
AW
IndianaBl.
Keck. A Des Moines
Lake Erie
19%
215
32
26''8
70
25
10
215
36
111
97%
231*
18%
1858
12
8358
82%
80
80
81 14
li^s
36%
37
351s
4578
381a
A Nash v..
Loulsv. N. A.
A Chic.
Manhattan Beach Co.
Memphis A Cha'ston
Michigan Central
Mihv. L. 8h. A West,
Do
Do
A St. L
pref.
A Texas ..
Mobile A Ohio
Morris A Essex
20 14
38 ij
76%
30
63
22
5038
3214
N. Y. Cent.
N.Y.Chlo.
III3
69%
"3378
22
20^8
Phila. A Beading
Pltteb.Pt.W.&C.guar. §141
special
Rensselaer A Sar
Blch.AAl.st'k. tr. ot
t
20
124%
17
35
73
27
6%
217
•217
92
41%
41
1271a
19%
37%
7658
75
30
109%
.,
58
2403
53I3
43%
41
14
131
47
105
8I3
18
102
24%
51%
36
206
206
18%
2-H
26%
27
29
sen
61 79
58 '8
5714
PrioM asked.
79
11314
1614
2878
1091a
3OI4
21^8
2758
181s
191a
141
132i«
3
92
25
25 14
1514
414
8
20
80
25 la
42%
36
1914
21
65
•48
2878
20
1%
35%
251a
81
21 1«
81a
221a
1114
114
381a
135% 127
17%
39%
ISis
6I4
1718
818
155
6
77
Richmond A Dan vme
6i8
5313
50 14
32 14
43
206
3
3113
5814
150
45
207g
102
2tis
181a
31 14
119=8
33
19
100 la
158
54
147
42
35
42 >4
39%
105% 103 14
47
8%
Ohio Central
Ohio A Mississippi...
Ohio Southern
Oregon Short Line ..
Oregon A Trans-Con.
Peo. Deoat. AE'vlUe.
30
38
101
19
•131a
27%
gi's
47
30
2214
511a
3214
105 14
36 14
2OII4
9558
30
63
10
501s
139% 137«^
5314
17
2378
Bl'a
i-rloes bid.
4114
371a
1251a
181a
135
50
107
23
•19
•-Id's
142
155
32
2 9 '8
132
§13314 1431a §116
10i)ia
971s
'2514
28% 27
251a
7
7
13ia
12
16
1214
8518
85% 9014 8658
•2219
•52
23
42i8
•ioH
«
53%
22
54%
12998
1271a 131
Ilia •12
la'a
22
ISig
Pacltio
Do
pref.
'
27%
76%
I514
114
160
•17
124% '12313
107% 111% 109%
135% 1411a IIII3
217
I3214
"ISO
46
46
§105 la 103 14
10 19
8
17
23
Jf ortheru
Do
5UI4
IS
4514
9158
121i«
e'^is
§111% 1071s 114% 111%
A St. L.
A Hud. K.
A St.Louis.
Do
yref.
w.Y. Lack. A West .. •991s
26%
N. Y. Lake Erie A W.
Do
pref.
521s
ft. Y. A New Engi'd.
38%
N. Y. N. H. A Hartf'rd 204
N. Y. Ontario A W...
20
N. Y.Su.-iH. A West..
81s
22''8
Do
pref...
Norfolk A Western..
30"
Do
pref...
Nash V. Chatt.
126%
17%
KlnneaDolis
Mo. K.ans.
8914
171b
-ai
*53
pref.
120
•20
7 'a
8
•213
•30
111
Lakeaiiore
Louisville
'"I"
68
25
LonK Island
West....
181a
12
63
2018
•212
11
21
16%
22%
17
23
62
6
Harlem
•Ills
•30
31
20
Ft.Worth & Dcnv. G.
Green B.Win.& St. P.
921s
12114
I0713
•136
1251a
201a
20
T. it...
10%
311s
ABigS..
llie
41%
13iia §137
531a
1161a
Eliza. Lex.
pref.
157
20
56
40 14
110
160
3814
61a
Ilia
Do
18>s
'12
100 >s
60
147
60%
'UUa
41%
70
33
11%
171a
411s
loi'a
501s
146ia
29
115
17
45
137%
130% 128
33
211a
& Qa.
45%
143
155
157
134% 140
79
79
Northwest. .. 5l 1038 105
135
Do
pref. §136
Chlo. A Bock Island.. 5l2Sia 127
13
13»8
Clilo. St. L. & Pittsb.
30
pref.
Do
331a
Chlo. St.P. Mlnn.&O.
39% 3558
98
Do
pref. §103
Cailo.
Missouri Paciflc
Surplus reserve
Money, Exchange, Silver—
Uplands
1885.
^ 341,438,600 298,.'j90,600 349,677,000
76,818,200 101,661,400 92.3i;j,e00
14,.50ti,800
10.907,900
8,666, mo
.f
* 359.7.51,700 350,667,800 390,252,100
31,789.700
35,123,200 31,157,200
J
$ 89,937.925 87,ti66.950 97,563,025
$ 108,637,900 136,787.610 123,500.800
tarciilation
Cotton, MidiU'jt
1885 AND 1886.
*
Net deposits
SB, reifisterod, option
68, currency, 1898
1884.
Ohio...
Manhattan, oonsol... *5120
Ifew York Oily Banks—
Ijoaus aud disoouuta
Specie
United Slates
1,
lb
Do
Do
;
termination of the payment of
13
.
6%
1868
6
18%
8%
••
•
26%
lia
-58
19%
•11
138
48%
107%
9%
21%
101
2878
6358
41%
210
1978
8%
24
10%
29%
2i
61%
2
•17
10579
8%
•18
"27%
61%
37%
•18%
7%
21%
•9
29
26%
58
I'^i
25% •24%
251s
18% 17%
IK
Id's
19
•20
......
251s •18
31% 30% 30 >a "33% 31%
2-2 is
20% 22% •20%
2018
2458
22% 2178 181. 27
23 >4
1151s
l.U
103
a
82 >s
......
22
1471s
118
162
163
7%
•77
70
t Ex-llTld«nd.
7%
77%
1
2
..
THE CHRONICLR
290
ranuary.
36%
ttohmoud&WestPt.
Booheacer*
Do
pref
Do
Do
pref.
& S. FranoUco.
Bt Paul Hinn. & Man
31
44
90
86
20
1
Do
Bankers' & Mer.
Western Union
Do
51i«
12%
47%
13
1458
5638
pref.
i9
9%
9%
20%
18'8
30
30
......
35
35
3
75
*!%
*2
31a
75^8
701a
16% *13
25% •22%
20
23
10%
7%
*20
105%
*S5
22
16%
15%
j-
"j-
21
23%
Feb.
1....
2....
3....
4....
6....
6....
7....
8....
9....
10....
11....
days.
mand.
4
4 89%
4 90
87%
4 88
4
4
87%
87%
4
4
89%
89%
4 90
4 90
4 88
4 88
8.
4 88
i'go"'
4 88
4 90
4 90
4 90
4 90
4 88
4 88
12.... 4 88
Feb.
days.
mand.
4 90
13... 4 88
6%
•22
14....
15....
16-...
17....
18....
19....
20....
21....
22....
23....
24...
S.
4 83
4 88
4 88
88%
4 88%
4 83%
4
De-
days.
mand.
25....
26....
27....
28....
88%
4 88%
4 88%
4 90
4 90
4 90'"
4 90
4 90
4 90
4 90
4 90
Range
4
90
8.
IMPORTS.
Exports.
7 months ending
7 manttix ending
Jan. 81.
Jan.
t
Baltlmore.Md
Bangor, Me...
515,058
63,031
Beaufort, S. C.
Boston, Mass..
689
3,641,73»
Brazos de SantiaKO, Texas.
Brunswtck.Ga.
31.
Exports.
1886.
1885.
1888.
t
2,844,411
t
t
«
631
Buffalo <.;k,N.Y
437,,732
00,,212
RO,,308
751,,718
IBIi,,141
Champl'n, N.V
Charlest'n, S.C
Chicago.
Detroit, .Mich
Duliith, Minn
Galvest'n, Tex
111...
4 90
4
89%
i'go""'
4 90
IMPORTS AND EXPORTS FOR JANUARY AND
I OR THE SEVEN AND TWELVE MONTHS
ENDING WITH JANUARY IN m& AND 1885.
The Bureau
of Statistics has, as said above, issued its detailed statement of the foreign commerce of the country for
the month of January, the twelve months ended with January
and the seven months from July 1, 1885, to January 31, 1886.
348
1885.
30,.S70
29,659,719
t
29,848,514
133,706
364,398
17,320.413
116,283
632,491
80,641,881
89,178,4J!1
202, 803
173.595
492 ,596
455,480
2,,983
129
697,,245
864,8»S
8,768,,061
,573,886
209.,491
273,035
1,507,,188
,579,7911
1,014,,781
890,400
343.380' 12,328 .821
179 ,509
.261,481
1.37 -,,840
6,187,,2:58
.261, 759
,783,336
1,830,,921
.189.8651
2.684 ,l:i3
1.801.033
117 ,183
10,67-i|
1.578,,788
.032.613
522,,5-«
657,582 14.661,,358
,053,(i67
1.621 .035
,621,144
5.053,,460
1,134,803
398,,S87|
a51,687|
122,,89o
192.079
509,;i53
697,,310
813,,683'
.170.357
41,,655
109.890;
1,282..855;
434.989
4.577,,902
.358,708 49.78-I,.435| 6(1, 302,844
235,711,.108 224,,245.0 ;«; 181,553, 770 210,,i,S1.026
;.944,,7.30
2 .128.103'
43,,8211
58.821
106,,130,
7,1H8,,.'i4l' 12,,613,468
112,693
21) .555'
8.3,320
1,097.
,536,385
1,278,,850:
1 ,312,777
676,
1.019,999
4,,633,903
4,335,,808
1.116
.014.618
.931,,401
498,117
3),
177,663
321 ,,>52
358,819
212,
302,709
10.5,,772
311,846
989,
913,74«
19,368,,050 15,,9,"15,rtT6 20.019,
1,100,5.34
785,,500,
588,5051
1.688.
1.314.417
350,,509
162.788
1.858,
.^32.461
14,,641
2,076.
1.388,871
218,,:!«!
71,581
317,183
19.592.,457 19,,596,212 16.80»!
l,H85,351
278,.895
444.272 16,31'6,
,9.S7,244
3,682..189
8,,397.857
806,
799,890
193, 3301
199,714
3,381,
.798,161
90.461
118, 2.'W
.633,296
8,216,
74,430
43,,8451
1,223,
,649,284
i
393,983
New
New
,950.339
2118,060
88,379
88.358
523.151
,411.176
,723,618
634
.321,058
65,688
131,732
12.715
Portland, Me..
138,,403
23,,010
17,,917
2,1H8,,3)3
63,,937
PugetS'd.W'n
Uichmond, Va
i.,051
Saluria, Tex..
29,,509
14,188
Ban Fran.,Cal. 3,662 ,362
Savannah, Ga.
69,,883
Vermont, Vt..
820,,264
Wlllamette.Or
8,,264
Wilmt'g'n, N.C
69,,318
Yorktown, Va.
,684,186
,176,181
Passam'dy,Me
7,010.662
526,491
32.599
29,480,967
443,915
20
97.,055
Huron, Mich..
las,,188
Key West. Fla.
40,,615
Minn's'a.Mlnn
57,
Mobile, Ala.
4,,447
Orl'ns.La
78H,,221
York.N.Y S2.70il ,81)9
Niagara, N.Y.
218,,221
Norfolk, Va...
12,,523
Oregon. Greg..
23 .830
O.swega'le.N.y
120,,494
Oswego, N.Y..
Paso del N.,Ti
5.875,595
3,030
8.945.173
51,093
125,736
25,493
38,320
1,927,078
,672
l*ensaeola,Fla.
Phllartel'a, Pa.
High 4 88%
Low. 4 87%
8.
H.
4 88%
4 88 "a
Feb.
60
4
1886.
I
I Prices asked
iTloes bid.
i Ex-dlvidend
BANKERS' BTBKI,nlO BXCHANOE (POSTED BATES) POE FEBRUARY. 1886.
De-
JANUARY,
Imports.
98
60
also been issued, showing, by
the values of merchandise imported into, and exported from, the United States during the
month of January, 1886, and during the seven months ended
with January in both 1886 and 1885; also the total stock of goods
remaining in the United States warehouses at the end of the
12
•
De-
The following statement has
CtlSTOMS DIStricts and
Ports.
25
53
60
59% 60
109^4
93% 103
102
102% 111
90% 108% 5102
96% 87% 97% 91
30
21%
29% 25% 29% 29
Oreg'nK'y&Nav.Co. 5107ii
99
108% 102% 100% 104% 103
PaofflcMail
66ia
59% 61%
57% 49
54% 67
Pullman Palace Car. 133H 132% 135% 134% 133
137% 133%
60
Jan. 31.
principal customs districts,
14%
15%
25%
31%
Vabiods.
Canton Company
Consolidated a as Co.
Del. * Hud. Canal...
Oregon Improv. Co..
Jan. 31.
$60,627,738 .$419,596,421 $679,767,525
Foreign...
2,820,415
16,485,540
32,4 20.638
Total
$63,44S.153 $l:f«,081,961 $712,188,163
Imports
50.127,072 383,^10.891 701,727,992
Excess of exports over imports $13,32 l.Osl $52,571,070 $10,1607171
Excess of imports over exports
1885.-:Exports— Domestic
80,817,773 $190,687,952 $793,549,673
Foreign
3,389.764
17,427,120
34,078,518
Total
$81,207,3i(7 $508,315,078 $827,t.2j,191
Imports
45.389.164 370.427.015 662,114,198
Excess of exports over imports $38,818,373 $137,888,003 $165,513,998
Excess of imports over exports
.
period.
125% 124
12%
23%
11%
11%
"«6%
8
25%
24
62%
122
28
20
73%
148
150
108
66
145
102
•22
11%
11
3
706n
*li"
13
261
261
•7
131a
5414
18%
9
22
20
22
*22
1214
9'8
*18ia
1491s 148
IOII3 104
102 >a
63
63
621a
1191a 1221a 121
I614
'.'.'.'.'.'.
12%
22%
144
25%
118
914
I718
214
Colorado Goal & Iron
Consolidation Coal..
Homestiike Mining..
Maryland Coal
New Central Coal...
Pennsylvania Coal..
QuloksilTer Mln
41%
nOS
For the 7
For the 12
Months ended Months ended
.
"ib"
"ii"
1.30
68»8
OOAL AND MjNIKO.
Cameron Coal
42%
1091a
118'8
*2lia
'ioia
*102i4
22
*3i«
£XPBE88.
AdiUDB
American
United States
Wells, FarKO&Ck>
231a
46%
For the
month of
January.
1886.— Exports- Domestic
*i)0
105
39
102
114
tl6
16
48
22
§72%
Tel.
2lia
45
91a
15%
10%
12 "a
Telegkaph.
American Di8t. Tel
91
401a
101
115
1
22
pref.
40
100% 100%
*29
*40
30
46
95
29
*42
*90
211a
45I4
104
56%
& Paolflo.
*3ia
421a
IO414
llS's
130
I>.
5
971a
99%
106%
TlrKtnla Midland.
Warren
Wab. St.
34%
3>a
37
9
.
Oloa'g
Feb. 27
38
39
14ifl
Pacitlo
'314
est.
Bigh.-
eal.
xui.
rvoL.
TOTAL MERCHANDISE AND COIN AND BULLION.
.
34 ta
Low-
98%
IS^g
Texaa&Faoulo
35
23%
48%
42%
101
Soioto Valley
Bontli Carolina RR..
Union
25
38I4
46I4
Istpref.
pref.
41s
21 <a
Bt.P. itDulath
Do
338
5
PittBb..
Borne Wat«r. A Ogd
Alton & T. H
Bt.
Bt. L-
321a
37I4
February.
,
.
Lou>- Hiqhr Closing
Jan. 30.
est.
etl.
Oloaing
Dee. 31.
Eailroads,
U
..
7,613
28,561
211,408
,198.422
518,851
160,032
34.3:19
1
122.482
721,371
293,839
861.543
All other cus-
toms districts
and ports
825,581
231.787
6,937,103'
6.789.780
2,882,620
4,108,389
117,898.100 67,959.562 364,073,932 3a8,726,351l409,873. 61.<'488, 886,4»7
Totals
|
Remaining
Remaining
in
in
warehouse January 31, 1886
wareliouse January 31. 1885
$24,116,351
29,508,489
'
MERCHANDISE.
For
the
THE DEBT STATEMENT FOR FEBRUARY.
For the 7
For
the
1
month of Months ended Months ended
January.
1886.— Exports— Domestic
Jan. 31.
Jan. 31.
it
$56,680,934 $402,151,526 $651,259,640
Foreign ...
1.278,628
7.721,992
14,117,136
Total
$57,9.'i9,5B2 $109,»73,518 $(;65.67(i,776
Imports
47,398,490 354,073,932 660,749,374
Ezoees of exports over imports $10,561,072 $55,799,586
$4,927,402
Ezoest of imports over exports
1885.— Ezports-Domestlo.
$79,014,800 $477,574,832 $740,035,993
Foreign ...
1,517,784
8, 811.665
15.873.412
Total
$80,532,584 $486,386,4a7:$755,9ua,4U5
Imports
42,221,171 338,72 6,3511 617.172.414
Szoeas of exports over imports $dH,311,413 $147,660, 1 46
$138,73b,9y
Exoess of imports over exports
OOLD AND SILVER—COIN AND BULLION.
1886. -Exports— Gold— Uom.
$1,741,817
$4,625,986
$),934,339
Foreign
839.8 i7
2,163,697
6.618,216
Total
$2,581,674
$6,789,683 $l2.552,.i55
Silver— Dom...
$2,204,987 $12,818,909' $22,573,546
Foreign
701 ,930
6,599,851
11.385.286
Total
$2,906,9l7 $19,418,76v; $^3,y5!<,832
Total exports
$5,488,591 $26,208,443 $46,511,387
Imports— Gold
$1,705,841 $18,054,636 $23,276,229
Silver
1,022,741
11.382,323
17,7o2,3S9
Total
$i,72«,582 $29,43ti,95» $40,978,618
Ezoees of exports over imports $2,760,009
$5,532,769
Bzoeu of imports over exports
3.228,516
1885.—Exports— Oold-Dom.
$179,204
$1,433,206 $35,306,494
Foreign
1,287,122
l,28i,814
6,931,312
Total....
$1,446,326
$2,715,020 $42,240,806
Silver—Dom,
$1,623,769 $11,879,914 $18.207,:81
Foreign
604.858
7,333,647
11.270.794
Total
$i,229,627 $19,2l3.obl
$29,477,aBO
Total exports
$3,674,953 $21,928,581 $71,718,786
Imports-Gold
$2,074,923 $21,470,103 $29,507,167
Silver
1.093.070
10,230.561
15.431.612
Total
$3,167,993 $31,700,064 $44,941,779
exporu
over
Imports
506,960
$
«>»oe»« "l
or imports over exporu
$26,777,007
9.772.083
.
of business on the last
new form adopted
the
day of February,
April
1,
1886,
according to
1885.
INTKRKST-BBARING DKBT.
,
Character of
InUr't
Issue.
P'v'ble
49
Sfl,
Amount
Registered.
t
181,092.350
Option. Q.-F.
8s
i]4»
«
42.993
%
160,280
Q.-M.
199.979.250
50.020,750
250,000,000
272.443
Q.-J.
Q.-J.
J.4J.
607,834,700 129,915,300
737,750,000
1,188,803
4,918,833
58,288
•64,623.512
215,800
14,000,000
•64,623,512
69,699
646,336
1,056,629,812 179,938,050 1,250,681,662
1,632,108
8,908.737
,
.
RHs ...
•2.882,000
.I.A.I.
1.438
70.000
18, 189.5;; $840,000 Nov. 1. 1895; $8,880,000 Jan. 1. 1898 .
1898; $9,712,000 Jan, 1, 1897; $29,904,932 Jan. 1, 1898; $14,001,560
mature Jan.
$4,320,000 Feb.
1,
1
184,092,350
1907.
Aggregate
Jan.
*
Int. Due Accrued
AUnpaid. Interest.
Tbtal.
1891,
pension
Pacific
Outstanding.
Coupon.
2,812,500
i.
1^^
1886.
The following is the official statement of the public debt aa
appears from the books and Treasurer's returns at the oloae
1,
1899.
DEBT ON WHICH INTEREST HAS CEASED 8INCB MATURITY.
Aggregate of debt on which Interest has ceased since maturity
Interest due and unpaid thereon, $207,383.
is
$1,358,465
;
DEBT BEARING NO INTEREST.
Amount.
Old demand notes
Legal-tender notes
Certlflcates of deposit
Less amount held in Treasurer's cash
Gold
certificates
Less amount held in Treasurer's cash
Silver certificates
Less amount held in Treasurer's oash
Fractional currency
Less amount estimated as lost or destroyed...
Aggregate of debt bearing no Interest.
$57,680
346.881,016
15,305.000
385,000-
14,920,000
139,308,060
83.871,010- 108,687,030
123,228,476
84,837,680-
88,890,816
15,336,087
^
8.875.934—
8,969,153
t562.B45.7tB
..
[liABcn
L
6,
.
1
.
..
THE (JHRONICLR
1886.]
RKCAPITU CATION.
Inttmt.
Prineipat.
loKrwt-kowliur debt«)*
Tbial.
^(l0tteterq3®omniet;ct«t jJ^ngXts h ^enrs
OF EXCHANGE AT LONDON AND ON LONOOM
AT LATEST DATES.
ftATEa
I
t
980,000,000
787,780,000
184,092,380
818,800
R6fan<1tn4E oertlfloutes. 4a..
14,000,000
Navjr Pension fund. Ss.. ..
64,828,512-1,250,681.662
10,540.844 1,881,822,506
PaolBo RK. bunds, 8 |>. ot.
4.258,465
807,383
4,405,849
Debt on wliich Int. has oousodj
291
BXOBAiraM AT
0»-
LOmOV-M. 18.
nm4.
UaU.
.
no Interoat—
Lemil tondor notes. *c
Certlttcalos of deposit
Dflbt boiirlng
Gold
846,788,696
14.9«i,000
|
|105,6,37,050
cert lllcates
88,3flO,S16
StiTor oertlflciitos
Fractional currency.
662,645,718
6,959,158-
.
562,615.715
AnmtnnlHiii
1
I
1.604,8;8.322
Total debt, less available cash Items.
Net cosh In the Treasurjr
72.208.202
Dot*.
LOKDOM.
Oir
»m«.
RaU.
18 Short.
12-06
18 Short.
Berlin
2056 02058
1%
i«
Frankfort...
CO-55 •20-68
P b. 18
(•
u
Vienna
12-77 "sWl 2-80
Pol). 18
Trieste
12-77i«i»12 80
••
Feb. 18
(«
/Lntweri>
26-3614 »26-10
"
Feb. 18
St. Petersb'g
23 >4 •2318
Feb 17 3 nioa.
ParlB
Short. 25-13 »28-22>s Feb. 18 Short.
20-44
SO-44
90*44
iz-e*
•122
AniHt<tnlHiu.
Bight.
8 moR. 20-55
.
.
12
1
020-58
Feb.
Feb.
Feb.
.
Smos.
Paris
Qenos
tf
Madrid
•<
•i!>ar>
26.10
4508a45ia
62li6952
Usbon
1,
18S3....
1,4.32,080,119
Alexandria
Debt, le.0 cash In the Tro^isurir. Keb.
1,
1886....
1,484,782,278
ConstHDt'ple
8.702,! 53
Calcutta
New York.
Bonj? Kong.
Bombay
>...
2617^
Feb. 18 3mos.
46-40
Feb. 18 Smos.
i6-40
19 3m'>8.
Fob. 19 rel. t'rs
Fob 19
Feb. 19 80 days
Feb. 19 4 mos.
Feb. 19
111 00
Feb.
Dem'd
.
25*'2i
33 \
925-40
«25-S6
46<^i945is
Cadiz
Oebt.IoH.1 cash In the Troasur.v. Mar.
Decrease of debt durlnji the month
12-2>8 al2'2<ig
inoi.
UHmbtirK
. .
l,817,B86,e48i 10,748,886! 1,828,334,07
Total debt
cash Items available for reduction of the debt. .. .833,958, 748^
100,000,000 32',955,748
reserve hold for redemption of U. S. noles
3
MXOBAWaM
LaU$i
is. eifl-l.
la. 6i6d.
....
....
1«. 53la2d.
Is. 6d
4-87 >s
3s. 4d
*». 77gd.
rProm oar own oorrespondent.]
UNITED STATES TREASURY STATEMENT.
London, Saturday, February 20, 1886
The following statement for February, from the office of the
Commercially nothing of moment has transpired during the
Treasurer, was issued this week. It Is based upon the actual week. There is the same slackness of business in most depart
returns from Assistant Treasurers, depositaries and superin- ments, and complaints of want of orders an 1 growing distress
are just as frequent. Financially the event has been the reductendents of mints and assay offices, and shows the condition of
tion in the rate fro 21 3 to 2 per cent. The qu itation had been at
the U. S. Treasury February 28; we give the figures for January the higher figure
for barely a month, and during the interval
81, for comparison:
the value of money in the open market had contin'ied to fall
away— very strong evidence of the slackness of trade and of
JANUAHT 81, 1886.
FebRUABT 28, 1886.
the difficulty experienced in finding employment for the large
Assets and
Uabttities
Saianeet.
Balances.
LtabiUties
183.314.744
66.486,344
t
179,402,992
71,968,53-
Total KOld
(Asset 249,801,088
Certificates Issued
I3y„S08.06(l
C'ertiflcate.** on band .
33,871.010
251.871.563
139.345,860
24,060,706
%
t
Gold—Coin
.
Certlflc's. net. {hiitbmty
115,284,951
105.637,050
Net gold In treasury
BiLTKU-Dollars, stand'rd
136.08(3.611
144,164,038
ioi'.oss.'sss
Bnlllon
8,612.968
3,658,783
Total silver
(.*«»«« 174.418.874
Certificates Issued
123.228.478
Certificates on band
84,837,660
i72,742,"TS
123.740.376
33,978,707
Certlflc's, net.(ti<iWii«|;
Net
silver In treas y
{Asset "47.1(»7,292
Certificates Issued
15,305.000
Certifl«.*«tes on hand
885.000
0. States notes
Certlflc's. net.
{LiabaUy
47,890,389
14,850.000
260,000
14,590,000
14,020.000
33,300,380
1,848,920
14,163,918
82.277.392
1.637.382
14,S13,523
Deposits In Nat, Banks...!
Balances. ...(Amet)
Pdblic Debt a.vd Int.—
interest due, unpaid
Accrued inte est
Matured debt
Inter't on matured debt
Debt bearlna no interest
Int. on l*ac. HR. bonds
207..SS4
1,189
2,055,449
5,826,318
8,324,755
201,179
6,127
69,600
646,235
79,050
828,118
1.582..W7
8,S«2.5t3
4.258.485
£
£
23,.i9*,915
6.2 .7,01 •<
21,187,663
Government securities
I.'i,946,til5
13,744,670
Otbrrsecmities
20,968,.'>99
20,OOT,2C»
Reserve of notes and coins ... 12.400,080
14,904.382
Coin and bullion
2-2.7i3,297
20,953,690
Prop'n of reserves to liabilities 39-5 p. c.
48 53 p. c.
Bankrate
3 p. c.
2 p. c.
good deal of attention has been given to the
shipments of gold which have of late been made
A
York.
704,71.5—
2,617,958+
3,436,72'i—
2,201.945—
yCL-iSO—
2,-^04,322
4-
1,799,607+
9-,/3p. C.+
1 p.
c—
rather free
from
New
89,584,339
"79,689,863
abroad.
87,148
Inter'st.t-lsset)
D'bt4int.nct(j:,(«i.i!i(l/)
79,199
redeemed
Debt and
Redemp. res'r.(I,ia6iK(i/)
iv,(n.
11,782,530
i66',bbo,o'66
44,0&4,S83
112,939
11,317,631
156,484,"03
160,234,118
6,323,972
icconnt.
8,.V78,'2iB
'4.760.'3i89
.-..-'biil'ces.
26,421,040
19,487,778
485.578
687,087
7705'
9,778
103,914|
104.689
•T''^'
-
92,461
14,926,684
In pro.
..(Assft)
Bci-,
8.104.187
147,360,666
153,900,146
Und..,ti,l.'.las-->ctsoffaird
banks
Curr.-iKjy Tind minor coin
re'If^MipM'.n account
tni.ii. liai silver coin rediiiM.'.m, account
it*-'d»'iiipiion
llCC.llllt
&
Treasurer u. 8., a«ent for
payluK Int. on D.Col.bds
-Total....
(UnhiWy)
lnt.on O.Col.b'ds pd (.4s»e()
Net
893,730;
4,347,878
7,614,277;
260,104
170,175
37,844, wi'
89.587,094
8,755
51,325
Net balance ...fAsftetl
AsseU not avaUableMlnor coin
Subsidiary sllTer coin. .
Awreaate net
;
cxcbanire
Trejisui-tT » transfer ch'ks
an,1 <lr.;fts outstandlnK.
.iMst
It is
;
18ii
Bes'vefor red. IJ.S. notes. 160,600,066
Fund held forredfmp. of
notes or Nat. Banks.... 40,158,868
Fund.bold for redemp. of
Nat. (told bank note.'*....
109,924
rive p. c. f'nd for redemp.
of ^at. Bank notes
10,958,3-28
Balances
;
February 17. ordteream.—
188,887,333
""78,0i6
Njilinntil
state of affairs
JanuaPj/ 20.
Circulation, excluding 7-day
*
and other bills
24,303,630
Piible deposits
3,649,060
Other dipiislts
27,624,389
87,793,838
11,814,991
6,127
•Jl'J
compared with the present
I06,6'».068
15,007,SS3
1,189
n.-inli
,
..(T^iabllity)
lnt..(ttnWii(|/)
cur'cy
t» o yr. notes p'd.
lnt.ch'cks
Nat.
The following table shows the position of the Bank of England on January 20, when the rate was reduced from 4 to 3
;
4 coupons p'd
ff'ract'l
As no signs of
is
(Liabttity)
due. unpaid
One A
idle.
maintained that the export is in a great measure due
to the heavy sales of American railway bonds from this side
but this partakes more of an assumption than an assertion.
It is difficult to arrive at the real merits of that part of the
case, as speculators do not wear their hearts on their sleeves
but apart from the sales of stock, there is ample statistical
evilence that our recent tradin ; operations with America
have been more to our advantage than previously. During tha
five months ending January 31 our payments for wheat were,
roughly, £1,650,000 less tlian in the corresponding perio,l of
1884-85. Our indebtedness for flour was at the same time
about £965,000 less and for cotton about £3,000,000 less. This
amounts to a difference of about £5,615,000. On the other side of
the account it must be remembered that during the closing
months of 1884 we sent about £1,000,000 more in gold to
America than in the corresponding period of 1885 whilst in
January of the current year we received about £700,000 more
than in that month of 1885. From the total of £5,615,000 it is
therefore necessary to deduct £1,700,000 as the variation in
the bullion movements, and ample margin will still remain
for the shipments already made, to say nothing of the extra
shipments of goods from this side and the diminished value of
other articles of food received from the United States.
The Bank of England weekly return shows that bullion has
increased on the week £355,000 in spite of some £100,000 going
Acc'dint,, Pac.RK.b'ds
Debt and
ti68.377,3»7
'
lying
and as there
Incrttue-^-
82,980,559
86,028,058
still
discerned,
p. c,
89.761,809
88,390,810
am mdment could be
the prospect of liberal additions
being made to the stock of bullion in the Bank by the influx
from America, the reason for miiataining the rate has passed
away. The position of afifairs just now is much the same as it
was a year ago, except that the political horizon, although
stiU cloudy, is clearer now than then.
balances
Assets ana
88,811,037
631,949
89,013,994
101,840,887
109,235,805
5,31,826
The stock
is
now £33,753,000, or nearly
£1,000.0001*88
than last year, and the reserve, which is £14,904,000, shows
about a similar reduction, the proportion of the reserve to liabilities being 48 -53 per cent. The money market is in a very languid
:
:
.
There is very little doing either in the shape ot loans
or discounts, bills having three months to run being negoper cent below the Bank rate, whilst short money
tiated at
cent. The joint
is unlendable, although offered at one per
allowance
of
rates
their
reduced
have
J^ per cent,
stock banks
Btate.
%
per cent for deposits at notice. The discount establishper cent for money at call, and 1 per cent
quote
with notice, or a reduction of \i per cent from previous
giving
if
1
%
now
rates.
The Imperial Bank
Garmany has reduced
of
8Ji to 3 per cent.
The rates for money
have been as follows
the rate from
:
Interett aVIowei
Optn marktt rata.
for deposits by
1
Trade auu.
BankBOl*.
london
1
Jan. 14
"
"
T"
21 s
28
•b. S
••
18
" 19
:
s
8
8
a
Joint
Stock
Four
Six
Mmtha Months Month, Months
T&wr
Mantht Monfht
Six
Three
Three
Dlsc't
Wit
At 7
to 14
Batiks. Vail.
2Wa2>i2«a2«s ®4 am*' aa&i 214<S>3
m/»- 8X9 -!2Ma -,8M93 2«a3M 2H®3^ iH
IX
i«ai« iH»m 1M®3 SKi2« 2X193 foma
IH
1!<«- 1«»- IJO -|25492M 2um 2H93ii
1«
IMOIM iHmm IH@ -i8 a2M 2MS3 2H®3
ma — i\4'i -i.lis-ai^is^'aiji tJO^H 2««2«l 1
Da}it.
2M 21i-2K
«
lM-1,44
-1
1
Pabllodeposlta
Otherdeposlts
Govenun'tBeourltles.
Other aecoritles
Bea' ve of notes & coin
Coin and bullion In
both departments..
Proport'n of reserve
6,267.018
24.187,663
13,744.670
20.007,269
14,9^4,382
2p.
Consols
£
£
£
24.292,695 24,691,470
8,854.9)7
9.7-28,670 10.385,613
23,285,717 23,011,063 22,783.395
14,i>.Tl.rt01
13.453.063 12,353.372
21,208.880 24.375.561 23,453,735
15,923.707 13,707,611 14,033,977
23,521,375
22,753,297
48-53 p.
tellablUtles
Bank rate
1883
1884.
1885.
1886.
23,695,082 22,250,336
o.
o.
1016,sd.
29^. 6d.
48 p. c.
4 p. 0.
98%d.
22,975,447
44>« p.
40-'8 p. 0.
31a p. c.
p. n
31s
lonijed.
102=8
Ene. wheat, av. price
328. lOd.
378. 3d.
41b. Od.
SSgd.
Mid. Upland cotton.
i^\(,A51„d.
S'lKd.
9i4d.
yijd.
Ho. 40mnletwlst....
8=84.
9%d.
OlearV-Houseret'n . 131,335,000 130,497,000 134,627,000 115,958,000
The Bank
improvement.
The Revenue and Agricultural Department
of the Indiaa
have issued the following memorandum, dated
January 18, on the prospect of the wheat crop in the Berars
" Estimated acreage under wheat 804,683 acres—slightly
below
the average, -which is 807,305 acres. The crops are generally
in excellent condition a bumper crop is expected in four
districts, and a crop quite up to, if not over, the average in
the remaining two districts."
The following return shows the extent of the imports of
cereal produce into the United Kingdom during the firat
twenty-four weeks of the season, the sales of home-gro wn
produce, the average prices reached, and other items, compared with last season
IMPORTS.
;
188E-6.
Wlieat
Barley
have been as follows:
^
13.
BaUtot
Bank
Opm
Ratt.
Market
P«rt«
Berlin
3«
JYankfort
S«
HamburK
Amsterdam
Bank
Oven
Bate. Market
2«
3
2\i
3
«s
IM
1«
S«
!«
1«
1«
sa
2
1J«
Bnuselfl
3
2H
3
2H
Madrid
Tlenoa
4
4
4
4
4
3H
St. Petersburg.
e
6
e
OnDflnhafren
4«
4«
4«
4
& Abell
Messrs. Pixley
Bonk Open Bonk Opjn
SaU. Market Bate. Market
188485.
1883-84.
27,710,637
7.342,687
21,907,179
30,756,896
7,558,911
20,390,000
56,960,503
58.705,807
51,888.359
B
4«
4«
-write as follows
53,653,223
1885-86.
1«
3«
2«
IW
1834-95.
A.v'ge
Sales.
1«
3H
2
1882-3.
1882-83.
The following shows the quantities of wheat, barley and
oats disposed of in the leading markets of England and Wales
during the first twenty-four weeks of the season, together
with the average prices realized, compared -with last season
2
3
4
4
8
SJi
1885-86.
Imports of wheat, o-wt.24, 210.940 23,048,689
Imports of flour
6,602,809
7,569,71)8
Bales of home-grown. .21,074,610 23,034,826
Total
JTefc.
1884-5.
23,048,689
8,814.655
5.239,598
1,003,142
188S-4.
6,fl93.233
24,210,910
27,710,637 30.756,898
9,825.198
9,333,016
Gate
5,081,088
6,186,267
7.071,194
Peag
986,132
914,471
1,052,453
Beans
l,60t.485
1,S0.',819
1,295,694
1,115.405
Indian corn
12,346,489
9,761,968 13,414,144
6,4.13,856
Flour
6,ti0.',809
7,569.708
7,342,687
7,553,911
Supplies available for consumption in twenty-four weeks
(exclusive of stocks on September 1)
o-srt.
,
and open market rates at the
now and for the previous three weeks
rate of discount
chief Ck>ntinental cities
UUmttat
per quarter, represent a money value of £3,246,734. In
the
corresponding period of last season the sales were 1,605,914
quarters, at an average of 333. 6d. per quarter, and these represented a money value of £2,609,610. From this it will be seen
that although the actual sales of home-grown wheat in the
twenty-four weeks have only fallen short of those of last year
by 136,660 quarters, the money paid was £363,876 less. And
meantime trade does not hold out the promise of an early
m-m Government
IM-IM
years
4
greater reason to be so with this. The aggregate sales of
home-grown produce since the commencement of the season
have been 1,469,254 quarters, which, at an average of 30s. 7d.
still
IH
The following return shows the position of the Bank ot
England, the Bank rate of discount, the prise of coasols, the
price of middling upland cotton and wheat, and the Bankers'
Clearing House leturn compared witd the three previous
OlTOiilatloii,exoladlng
£
7-clay
other bills.. 23,59».915
Ss.
per quarter less than for the corresponding period of
1884-85,
when the quotation -was 328. 6d. per quarter. If growers were
disappointed with the result of last season's sales, they have
1«-1«
1
i
XUl.
[Vol.
consideration, the effect of recent threshings must have
been
very disappointing to the farming interests. The
average
price for the season is only SOs. 7d. per quarter, or
nearly
1>4
]
:
:
THE CHRONICLE.
292
ments
„
«
:
.
Price
Bales.
1883-84.
Av'ge
Price
Av'gt
Sales.
PrQt
a
3«
aji
4
3
4
4
6
4
4W
4«
4«
3W
*.
Wheat, qrs
Imllion market
Gold has been in more demand this -week for the Continent, and ther^
have also been a few orders for India. The arrivals not having been
suffloient to supply all the buyers, about £15,";,000 has been withdrawn
nrom the Bank; on the other hand, the sovereigns that have come ia
the value of £19,000, have been sent in. There have been ehlpments to
to
*?',£"* ''?'" .'5^^ '^"''^ during the past few days; theAuraula.
*°."i"',
TPhlch
left on the 13th, has £145.000 for England; and the
steamers
aalling to-day (18th) are bringing over £100,000 for
France. The
Malwa has brought £24,290 from cJhina; Carthage has brought
£43 440
H^'^'y lia^ brought £23.470 from India; tital,
^fi"'-;nn""T''hi*ii
f
^6.200. The P & O. steamer has taken £23,000 to Bombay,
have steadily improved since our last, and
.liv.r'f^l^^^l.^''*''""'^'^?
rose from 46»„d. (our last week's quotatloi)
to
!«Ts
.ifr™'"'^''/'
""»™'"e; •"" tie market, in consequen. e of a slight drop
f.?lt'.* p^;Sli
tran^'ers this afternoon, closes at 46'fd.'^
About
iin'SrSfT''"^
"i from
J»40,000
has arrived
New York during
-mer.
">'"''• The
P ao.
Ao
* the
" -week.
•teamere have taken £123,000 to the East.
^"'^al I'er Ville de Bordeaux (about £76 000)
wiI*^^i!i''';'l,'S~?''?
*"""* *"** ^^"^ improved to 45%!!, with a
'°
SS^
s.
d.
1,469,254 30 7 1,605,914 32
2.398,754 29 11 2,478,-242 31
241.404 18 9 268,471 19
Bwley
Oats
e
on the state of the
d.
s.
d.
6 1,527.298 39 19
9 2,521.020 32 11
7
177.548 19 8
Converting quarters of wheat into cwts., the totals for the
whole kingdom are estimated as follows:
1885-86.
owt. 21,074,610
Wheat
The following shows the
1884-85.
23,034,826
quantities of wheat,
1883-84.
21,907,179
floiu:
and
maize afloat to the United Kingdom:
At present.
Last week.
qrs. 1,751,000
1,753,000
.
Wheat
Plour.eqaal to qrs
Uaize
qrs.
Ensllsli
191.000
240,000
201,000
274,000
Last year.
2.436.000
240.000
312,000
1884.
1,673,000
315,000
113,000
Financial markets— Per Cable.
The
daily closing quotations for securities, &c,, at London
are reported by cable as follows for the week ending March 5 :
'-i
"^
Ijondon.
Sat.
I
Mon.
Tues.
Wtd.
IH.
Thurs.
"^
Set.
'
The qnotationa
for bullion are reported as follows:
OOLD.
London Standard.
SILTBR.
T^eb.lB.
Feb. 11.
».
Bar gold, ana., .oi.
Bar told, oontaln'K
aOdwta. sIlTer.oa. 77
t.
77
"57
g
Feb. 18.
i
Barillver
Ftb. 11.
d.
oi.
46 s-ia
Bar slIver.ooDtaln10)i
77 1(^
doobloona.oa.
ing5grB.gold..oi.
Cake BllTar
Mezteaa dots.
i.dOQblooas.oi-
Wheat has with
London Standard.
oi.
.
.oi.
47J4
50 9-18
46 15-16
60M
45»{
per oz
4611191 46Ui8 46Uij 46lli8 46%
Oonsols for money
101% [1013, lOU.e lOUiB 1011,8
Oonsols for account.... 101% 11013,
IOII4
1013,8 1013,8
Pr'oh rentes (In Paris) f r 82-37 la 32-32ifl 82-60
82-40 82-25
Silver,
46%
..d
11478
O. 8.4i«8 0f 1891
U.S. 4b of 1907
129%
Canadian Pacific
65%
Chlo.Mll. &8t. Panl.... 9418
28 14
Erie, common stock
Illinois Central
142«i
Pennsylvania
So's
Philadelphia <& Reading 12^
114%
12%
I43I3
557»
13
Vftw York Centr.al
108 14
108%
10818
1291s
65%
9378
28%
142''a
55^1
11478
1291a
651a
94%
28%
115
129%
65%
9514
29%
142%
56 14
14
109
lOHu
1013,6
82-22'a
114^8
129>«
U5
129%
65 1«
95 le
29
144
56 H
14^8
10s
65%
94«B
2914
14414
56%
1411
llOSia
1
®0mmctcial atitl W^i&ctll^uzans Hjewa
difficulty
maintained values previously
quoted. The imperial average for British corn
for the week
ended February 13 was only 29s. 6d. per quarter-the
lowest
yet touched— but some allowance must be
made for the fact
that no inconsiderable portion of recent
deliveries of grain
has been in indifferent condition. But even
taking
that into
Government Revenue.—Through the courtesy of the Secretary of the Treasury, we are enabled to place before our
readers to-day the details of Government receipts for the
month of February. From previous returns we obtain the
figures for previous months, and in that manner complete the
statement since the beginning of the fiscal year for 1835-88
andl884r-85.
.
.
&UROU
,
THE CHRONICLE.
1886. j
0,
week:
MiK'b TuM.
Infw'l
Out-
Umu.
~»
%
*
Om-
InUr'l
U»n».
Bn'ut
%
17,401
17,009
Ju!7
Aujcust
8,501
a.M7
1T,«W
«,07l
J.704
S0,707
88,004
8«ploiubor..
I7,sa9
10,440
«.ooa
89,»n
Ootoher
17,3 la
ii.aes
1.005
80,834
15,709
NoTOHit)«r..
18.057
».»0
8,074
80,381
D«o«iubor..
14,4li«
0,803
January
14,409
7.004
1.789
S.0S9
86,708
84,958
11,788
ii,oaa
1.631
86.978
—
.
1S,171
8.S70
laa.40B
4.BII.S
.
ToUl 8 nionthii...
I
.tftoc'to
Balaneu.
AM*.
<
8,008
9,000
9,937
10,107
8,808
9.400
3,106
3,447
88.874
81.307
1,880
99,389
B8,0SH
Usr.
1.
••
1,010
38,i!!IO
"
1,822
88.810
3.009
98.tl78
"
"
14,690
8,008
7,470
2.
8.
4.
8.
1.1)87
84.093
lB,g08?17.«D» '181.H13
78.«3i
1(1,114
14M0
*^
the bftlanoea in the nine, for each day of the oart
IbtoL
%
I
%
ia.«io
Fcbriuu';
M
well
1884-80.
1885-60.
OOOt OmUltd.
293
2.1
U
Stents.
Paipnenl$.
•
P»ll.97.
Coin.
2,796.872 21
1.609,301 80
1.90.5.885 61
3.50.J.670 68
3..55 1.684 86
1,398,701 87
•
1.256.071 04 165.027,519 OR 14.571,682
2.1.58.741 37 165.403,.576 02 18,646,223
8.755.316 30 166,211,561 IB 11,048.807
1.146,110 63 166,626,-549 OS 13.081.27^
1,888,6S0 46 167.111,618 63 14.262,264
1,462.397 15 167,355,409 56 13,961,778
We
TOM... ~14,919,02T03 11.658,176 45
Scioto Yallejr.— From reports made by
following statement is obtained for six
December, 1885 : Gross earnings, |301,980
net earnings, $15,424.
ses, 1256,550
The Receiver's 'operating expenses" have
lowing extraordinary disbursements :
;
;
Description of Bonds.
Bottda Beld
1,
1886,
Bank
Public Deposits
in Banks.
New
Stcur t—
to
Total Held.
Oirculalion.
$8,553,000
120,000
1,997,000
7,958,000
$129,347,900
3,515,000
48,981,150
114,933,350
$137,90^.000
3,635,000
50,978.150
122,894,350
$18,630,000
$296,780,400
$315,410,400
3«,Aot July 12, 1882....
Total
Uareh
—
UCPOHTS AND EXPORTS FOR THE Wkek. The imports Of lant
week, compared with those of the preceding week, show a
decrease in dry goods and an increase in general merchandise.
The total imports were f 11,633,978, against |7,833,697 the preceding week and |8, 90 1,301 two weeks previous.
The exports
for the week ended Slarch 3 amounted to |5,346,043, against
week and |4,67t.l36 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Feb. 33, and for the week ending (for general
mercliandise) Feb. 3G also totals since the .beginning of the
15,503,061 last
;
diet
week
in
January:
HBW
rOEBIOH IMPOSTS AT
Jbr Week.
1884.
$4,502,508
6.837,036
$1,887,954
6,351,090
Dry Goods
1883.
Qen'lmer'ilise..
Total
Since Jan.
XOKH..
1886
iR^noai
loolo
$3,806,578
7,857,400
il 1,339,604
$8,239,074
$7,927,763
$11,663,978
Qeu'lmer'diDe..
$22,330,170
45,837,713
$19,089,584
36,762,245
$21,480,589
46,397,232
Total 8 weeks..
$72,864,241
$68,167,883
$5.%851,829
$67,877,821
In our report of the dry goods trade will be found the imports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending March 2, 1886, and from January 1 to date :
BXPOSTS FBOM HBW TOBK FOB THB WEBK
For tbe week..
1884
$7,720,703'
47,728, I92i
1885
$5,046,465
$5,869,353
47,372^015
$3,246,043
39,195,595
Tot*l 8 weeks..! j^55,448,895: $47,098,227
$53,241,368
$44,44I,63S
The following
table
at the port of New
since Jan. 1, 1886,
1885 and 1884:
shows the
and imports of specie
York for the week ending Feb. 87. and
and for the correspondinir periods in
exx>orts
BXPOBTS AND IKFOBTS OP 8PE0I8 AT
«BW
Kxport*.
TOBK.
Importt.
Sieat Britain
Prance
Qermany
A.11
244.606
$3,326,519
2,013,750
125,362
1,914,660
60,000
5,000
244,226
$1,219,571
227,395
2,335,000
$7,629,51
2.933,367
2,563,263
.
915,571
..-..,
Weot Indies ...
Mexico
Bonth America
otber coontrleo.
T*tal 1886.
Total 1886.
Total 1884.
Since Jan.!
Philadelphia Press says
&
—An
&
Week.
Since Jan.X.
ft
»96,357
96,500
9I2,'.18
25,126
$135,862
125,792
5,898
& Co. call attention to a limited
Oregon Rdlway & Navigation Company's 5 per
cent bonds due 193i, principal and interest in gold, in our
advertising columns to-day.
amount
of
—
Attention is asked to the resolutions adopted at a recent
meeting in London of the shareholders of the Union Bank of
Spain and England (limited).
See Chronicle advertising
columns.
—The
attention of investors
Woedward
is
&
called to a notice
by
1
StiUman, who offer $250,000 6 per cent bonds
of the San Antonio, Texas, Water Works Comoanv. due in
1905.
—
Anction Sales. The following were sold at auction lately
by Messrs Adrian H. MuUer & Son:
72 Atlanta & Cliar. Air Line 92
68 American Ex. Nat. Bk...l36
5CUy Bank
288
Shares.
5N. Y. Concert Co (Lim-
$1$ share
Clinton Hall Association 52
ited)
1
16 Continental Bank
116
10 Am. Steam Boiler In8.Co.l00
150 Fourth Vat. Bank
126<9 100 Germania Fire Ins. Co. ..126
45 Hanover Nat. Bank
147% 52 Mineral Kange KE. Co... .14699
54 Bank of New York
188
450 Wyoming Valley Coal Co. 20
16 Bank ut North America. .115
Bonds.
72 Pheuix Nat. Bank
109
$2,500 Atlanta & Charlotte
100 Amodcan Fire Ins. Oo...l54i«
Air Line inc., due 1900
107
50 Globe Fire Ins. Co
113»« $2.0 iO Atlanta & Charlotte
30 Continental fire Ins. Co.212"4
Air Line let pref. 78, due
100 Hanover Fire In'*. Co
128
1897
120%
125 Kuiekerboeker Fire Ins 88-92 $20 000 Atlanta & Char. Air
105 Niajjara Firo lua. Co
Line Ist 7s. ree due 1907.125
147«s
25 Southern & Atlantio Tel. el's $lo,0f.0 N. Y. West Shore &
1 Clinton Hall Assooiaiiou 52
Buff. Istmort,, Drexel. Mor24 Minnesota Mioiag Co ...$61ot
gan temporary receipts
103>4
103 Old Dominion Laud Co.. 28
$10,000 Western Pao. of Cal.
40 Greenwich Fire Ins. Co. .22511
I St
68. gold, Series A. due
38Cleve. & Pitts. ER. Co... 151
1899
1121a
165 People's Gas Light Co. of
$13,770 Atlant'o Mutual Ins.
,
Oold.
Week.
& Paclflc—The
6,726
938,Gvi
that an
application has befn made by Receiver Sheldon of Texas
Pacific to issue $3,000,000 receiver's certificates. This money is
wanted, presumably, for putting the road in complete order.
arrangement has been made with tlio Fidelity Trust
Company for the purchase of the coupons maturing on the first
mortgage bonds ($3,784,000) of the Texas
Pacific Railroad
Company. The Fidelity Company will carry the coupons
repaid
until
by the receivers out of the earnings applicable
thereto.
—The Texas Pacific bondholders at a meeting in Philadelphia
the 5th instant, considered the recommendation of the receivers that $3,048,931 be spent this year on repairs and the receivers' application for power to issue receivers' certificates
for this amount, $1,080,000 on the Eistern Division. $1,103,000
on the New Orleans Pacific and $663,000 on the Rio Grande
Division. This proposal was rejected and a resolution presented by General Wistar, not to issue any certificates at
present, was carried. Another resolution was parsed, appointing General Wistar and others to get up a sohems of reorgan-
Shares.
1886
40,0.31,782
Prev.reportod.
'.'.'.'.'.'.'.'.'.'.'.'.'.'.
Total
Texas
fol-
—Messrs. Chas. Unger
$2,884,169
5.043,594
$21,729,883
48,134,358
1883
included the
old Iron sold
Iron bild?e,Chllllcoth«
ization.
1885
I.
Dry Goods
the receiver the
months, July to
operatinK
f exoen1^
SteOl rails, less
Stone piers. Paint Creek Bridge
8.
fiS
02
17
50
27
06
19.806 813,744
Bonds Ueld by National Banks.—The following interesting statement, furnished by the Comptroller of the Currency
shows the amount of each class of bonds held against national
bank cin-nlation and to secure public moneys in national liank
gave the statement for February
depooitories on March 1.
1 in Chronicle of Feb. 13, page 206, and by referring to that
th« changes made during the month can be seen.
XT.
Ourrtney.
9
330,035
288,686
7,051
71,397
5,296
$1,710,938
2,992,035
118,280
Jersey Cit.y
101<ig-103^
30
Co. scrip
20 Mechanics' Fire Ins. Co.
$1,075 American Fire Ins. Co.
of Brooklyn
76
scnp
def. 43
15 Niagara Fire Ins. Co
14415 $2,57* Ches. & Ohio RE....
12 Merchants' Ex. Nat. Bk.10313
inc. scrip
39
SOMeuantilB Nat Bk...l2lV% *25,0U0 State of New Jersey
15 Hanover Nat. Bk
14839
132'
6s, reg.,due 1897
Silver.
Great Britain
Franoa
German,'
Wsat Indies
$243,800 $2,385,704
16,715'
96,604
3.200
9.900
19,519
62,484
Blexloo
Bontli America.......
All otber coontrleo.
Total 1886
Total 1885
Total 1884
1,200
32,914
27,962
$284,434
203,481
397,870
$2,615,618
2,515.624
2.944,795
$.
48
26,848
1,224
13,616
$41,736
17,468
111,606
§attMii0 anil ^iuauclal.
48
89,844
25,292
59,850
1,893
HARVEY- FISK
28
$176,729
151,072
883,047
O^ the above imports for the week in 1886, |30,861 were
American gold coin and $13,073 American silver coin. Of the
exports during the same time f 360,000 were American gold
oom and $1,300 American silver coin.
United States Sub-Treasury.—The following table shows
the receipts and payments at the Sub-Treasury in this city, as
Nassau Street,
& SONS,
New
York,
Dealers In United States Qovernment and other desirable
SECITRITIES
FOR IIVVESTORS.
All stocks and boiuls listed on the New York Block Exohanse bou-tae
**
sold on couimi.sNion for cash.
Deposit, accounts ncelved and Interest allowed on monthly balancM
«»»<«;««
^
Bul^leat to draft at sl^ht.
Coupons, rexlstereil Interest, and divldeads, oulleoted and olaead to
credit for our cu.ilomerj, wl;Uoutcaaro-o.
and
^^
)
1
THE CHRONICLR
294
%ht
JTamt of Company.
Per
When
Cent.
Payable.
Railroads.
AtlanlA & (JUarlolte Air Line
Boston & Albany
Chic. & North West. pref. (quar
Jersey
West
Wrst JcrsRy & Atlantic
VTarch
2>a
1%
3
3
7
6 Feh.
Feb.
Mar.
Feb.
Feb.
—The following are quotations in gold for various coins:
Coins.
Sovereigns
Book$ Ototed,
(Dayi inelutive.)
March 3
March J4
March 15
March 15
$2
fVoL. XLII.
selling 3-16@i premium ; Boston, 8@10 discount ; New
Orleans, commercial, 25@50 discount, bank, $1 50 premiumSt. Louis, par; Chicago, 50@60 discount.
f^Kuktvs' Ola^ette.
DIVIDENDS,
annonnoed:
The foUowliiK dividends have reoenHy heen
28
10
27
27
$4 86
Napoleons
3 86
Relohmarks. 4 74
X Guilders
3 96
Span'hDouWoons.lS 55
Me <. Doubloons. .15 55
XX
—
to Mar. 10
to
to Mar. 25
to
to
8TBBET, FKIDAY, March 5-5 P. M.
stock
The Money Market and Financial Situation.— The
WALL
dependent very largely upon the prospects of the
Reading syndicate. There had been so many
and misleading reports, about this
contradictory
and
rumors,
matter, that Messrs. Morgan and others on Thursday made an
announcement that the syndicate adhered to its original plan,
market
.
I
Elm gold bars
Fin sliver bars
Dlm'^sife »« dimes.
1
1
—
— 99\9 par.
— 92 a — 95
— 80>9» — 8II1
Do uncommerc*l. — 80 3 — 81
— 73 ® — 74
Peruvian sols
English silver
4 78 a 4 84
8. trade dollarf — 82
a — 85
»$4 89
Silver J^s
3 90
4 80
4 00
«15 70
®15 65
Five francs
«
Mexican
'3
'3
par* "4
proTii
02'4ai
1 03
par
99^4 9
8.
98%®
sllverddlar..-
par.
—
United States Bonds. Government bonds have been only
moderately active this week, but the firmness of the 4s and
4rjs continues, the former selling at 137^ early in the week.
The closing prices at the N. Y. Board have been as follows ;
Periods.
1B91
1891
1907
1907
Mar.
.cuup.lQ -Mar.
4>s8,
4129,
48,
4s.
38,
6s.
6s,
6s,
6s,
68,
•
.
.
&
&
&
&
.
,
.
I
114
I
•112''8 •11276
11278 113
112'8
.reg. Q.
...reg.Q. Jan.
coup.Q. Jan.
option U. 8. ...reg d. -Feb.
cur'cy, '95. ..rcg.'J.
J.
cur'oy, '96. ...reg. J. & J.
cur'cy, '97. ..rcg.'.l.
J.
cur'ry, '98. ..reg. J.
J.
cur'iy, '99.
.reg.'J.
J.
{March March March Va'ch March
12.
3
4
5
Feb.
27.
Interest
&
and that Mr. Corbin had joined the syndicate, thus bringing
into the combination a large block of the Reading stock.
Aijide from the syndicate affairs there has been nothing
The exports of gold keep
essentially new in railroad matters.
up on a moderate scale, but from this time forward there outrht
to be a large demand from abroad for cotton, and as we have a
^as
tJ.
a.
is still
Philadelphia
and
dollars..
'112%
11279 •11278 11258
1261s 12618 12618
127141 127 1« *127ia I2718 I2714
lOOSs" 100=8 •loo's •10058^100»B
*
'i!27e;*:i276
I
I2718 X26S8
127%
'100=8
12eis
'126% '126%i*126% •:26% '126% *126%
12914
129141*12914
'129'
13158
isiv'si^s
131
'134
•129141*12914
•13158 •13I58*131»8
*131
''Sr.
1
'134
*134%
i
'I36I4' 136141*137
This Is the price bid at the morning board
:
I
•I36I4
13C1i4r*I36%
no sale was made.'
—
year to send forward, the effect
much larger supply than
on our foreign trade balance ought to be quite perceptible.
The position of the railroads seems to be good for the openin" of spring business, and the danger of serious floods this
season is apparently not great. The latter consideration is
one of much importance, as the havoc made by the floods of
former years has hardly been more conspicuous on the tracks
of the roads than in the income accounts of the respective
companies. The trunk lines have maintained their alliance
and kept up their rates with firmness, while the trans-continental roads will in all probability harmonize their views, as
it seems unadvistible for any of them to prolong a war of
State and Railroad Bonds. State bonds have been quite
active, especially during the last few days, and the total dealings for the week are: $262,000 Louisiana consolidated 4s at
70}-3|; $173,000 Virginia 6s deferred at 91-13; $244,000 do.
trust receipts at lOJ-13; $16,000 North Carolina special tax
bonds at 10; $5,000 do. 6s, 1919, at llOi; $3,000 do. 6s,
Chatham RR., at 9; $44,000 do. funding act, 1866, at 13i;
$6,000 Alabama Class A at 103; $11,000 South Carolina
Brown consols at lOSJ-J; $20,000 do. 6s, non-fundable, at 6i;
$3,000 Georgia 7s, gold, at 113J, seller 30; $15,000 Arkansas
6s, funded, at 9i-f
$1,000 Tennessee 6s, old, at 58^.
Railroad bonds have sympathized to a great extent with the
rates.
course of the stock msirket.
In the early part of the week
dealings were light and without much change, but on Tuesday
more activity was shown, and on every day since then the market has been active and prices quite strong for most classes,
some bonds moving up rapidly. Erie bonds have again come
into great prominence, advancing sharply on large transactions
and in sympathy with the strong movement of the coal stocks.
The closing prices and range of a few leading bonds are annexed
last
largo business in railroad bonds and the steadily advancing prices is one of the features of the period, and indicates
not only the large amount of money seeking investment, but
also the much greater confidence in railroad securities.
The open market rates for call loans during the week on
stock and bond collaterals have ranged at 1J@4 per cent, and
to-day at li@2 per cent.
Prime commercial paper is quoted
at 3@4J per cent.
The Bank of England weekly statement on Thursday showed
a loss in specie of £333,938, and the percentage of reserve to
liabilities was 40 1-16, against 49^ last week; the discount
rate remains unchanged at 2 per cent.
The Bank of France
gained 20,135,000 francs in gold and 1,728,000 francs in silver.
The
The New York Clearing House banks,
in their statement of
February 27, showed a decrease in surplus reserve of $5,763,100
the total surplus being $25,937,775, against $31,700,875 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
1886.
Clearing House banks.
1885
Feb. 28
THffer'iittsJr'n
8,66B,100 Deo.
390,2.=)2.l(;0 Deo.
1884.
IS.KOO
4,842,000
10,'.(07.900
14,506 8(10
Beserve held.
350.667.800 359,751,700
35.1Si3,210
31.789,700
887,666.950 $89,937,925
136,787,6)0 108,637.900
BiirplM
»2-.,937,775 Dec.t5.763,100
$49,120,650 $18,629,975
Le^
reserve
Exchangre.—The steriing exchange market continues
with
very htt e change in tone. A small business
has been done
this
week, but rates are pretty firmly held, posted
rates beincr
quoted at 4 88@4 88i and 4 90. The exports of
gold yet keeS
up and some further large shipments have
been made, the
total for the week being $1,731,500.
The rates of leading bankers are as follows
:
March
5.
Sixty Days.
r Imebankers'sterUngblUg on London.
F Imeoommerolal
_
---—•
D omuentaryootnmerolal I"I
*
F j4a(frano8)
A oaterdam (/nuiders)
I"""!!""'
W -ankfort or Bremen (relohmartal
."!!!!!
'
To-day the
4 88
at
Demand
SB's
4 80
4 8618^4 87
4 86 34 86k
5 16''ea5 ltii4|5 14'4'i3l3\
107u»10>s 40% 84011,8
95'3->95°8
9578996*
on actual business were as follows
vi7
^^*".to,'^iy/o'**'^°^'* ^'*@4 88; demand, 4 89i®4
^^*- Commercial bills were4 86@4 86®
ConHnpi?»'l\^-n*®^
tinental bills were:
Francs, 5 16J@5
16J and 5 13J(a5 144
rates
•
m'
•
r4@40 n:i6^®"'*'°'
»5|@96;
guilders,
40i@4^*fi6'tL'
*^^- ^^/ ^^ domestic exchange on
New
TnTw^f^'lT^^r"^
York
at the under-mentioned cities
to-day: Savannah h,?v
Ingi premium. selUng i premium;
Charlesto„7bSg
par,"
1
Range since Jan.
1, '86.
of Bond.
Feb. 26. Mar. 5.
Lowest.
HighesL
102%
105%
Jan
1051s Mar.
87
95 14
9II4
7678 Jan.
95%
10278
lO.ISs
77 14 Feb.
01 14 -Tan.
Gulf
9.>i4
Col.
93
93
lOSij
9II2
98I4
91i4Mar.
96i4Mar.
104 Jan.
1051a Mar.
N. Y. L.
Do
Do
E.* West., 2d
oonsol. 6s
ex. June, '86 op.
fund. op. 58 ...
do
do
West Shore, guar. 48
Col. & Santa Fe. gold 6s ..
Hock. Val. & Toi., cou. 5s..
Den.& Rio G.,l8t con.tr.recclpts
Deu. & Rio Gr. West., IstOs....
N.J. South., guar. 6s
Ind. Bloom. & West., con. Inc..
N. Y. City & Nor guar.6.s
Ciinada SouthfTii, 2d 58
,
*
Dec 2,310,5M
$97,563,025 Deo $1,210,500
123,500,800 Deo. 6,975 600
31, 157,200
Closing.
Name
Cent. N.
Feb. 27.
Previout Week.
March 1.
Loans and dls. ?349. 377.000 Iiic .«1,513,200 $298.5f>0,600S;;44,438 RPO
Bpede...
92,343,600 Dec. 4,663.1011
- '"'" '""
10I,«6l,400
76,44S..'00
Circulation...
Met deposits..
Legal tenders.
;
J.,
debent. 6s
Bid price no
;
1
741s
82
95 »8
•38
41
*J778
921^
79I3
89
40%
86% Jan.
85 Jan.
8714 Jan.
72 13 Jan.
91 Feb.
35 Jan.
X%78
54
84
83
6:i
66
Ja-i
Jan
Jan
94
Feb.
99
83
Mar.
Mar.
101% Mar.
41% Uar.
67 Mar.
9314 Feb.
88i4Mar.
sale.
Railroad and MisccUaneons Stocks.— Up to mid-day
on Tuesday the market was very dull and featureless, and prices
did not change much. Tuere was a lack of any news or striking features and very little interest was shown in the speculation.
On Tuesday, however, the market W!is sent into a whirl
of excitement by the report that a combination had been
effected between Mr. Gowen and the DrcxclMorgan syndicate,
whereby mutual concessions had been made and all differences
adjusted.
Under the manipulation based on this report, prices
were rapidly advanced, and the dealings in the coal stocks were
very heavy, Lackawanna and Reading leading in point of activity and strength, and the whole market being more or less
influenced by it. This bull movement continued over a part of
Wednesday's business, when a reaction occuiTed, started by
realizinjr sales.
Reading, however, was an exception in holding its strength. A decided check occurred on Thursday by the
publication of a statement from the Drexel-Morgan syndicate
that no concessions had been made by thein and that they
would adhere to their original plan of reorganization.
In regard to the status of the transcontinental war, nothing
Rates are still being seriously cut,
but the Eastern roads maintain their tariff, and there are no
indications of a general fight.
Among stocks not directly influenced by the Reading affair,
Western Union has been conspicuous, being weak on numerous
bear rumors relating particularly to a reduction of the next
dividend.
There have also been special movements in several
other stocks, St. Paul & Duluth, Northern Pacific pref. and
Col. Hocking Val. & Tol. developing considerable activity
and strength in the latter part of the week. At the close today, Friday, the tone was rather weaker, and prices were gene-
new has been developed.
rally off i to
i from the best of the day.
.
.
Marou
..
.
THE CHRONICLE.
18tJ6.]
0,
296
NEW YORK STOCK EXCHANGE PRICES FOR WEEK ENDING NARCII
HIQBEBT AlTD LOWE8T
BIOOK8.
stock*.
03!^
43>i
03^8
42i«
Cuiu
»
-.
Jul'itoy
iilo
*10:(»
A Ohio
.J
Do
Do
l9tpn>r.
..
2(li>ret
Oilonuo
Alton
it
lingloii Aiiiilncy
'
!
ivanlne Asl.
I.
.t
Niirlliwestoru
Do
pref.
OblouKo iCooh Lsliinil Jt Paulllo.
ChlCBKO 8t. I/OtllH •& Pittgliui-K
Do
CUoaKo
pri'f.
St.
A Oiii.
Paul Mlun.
Do
pref.
CleTtlniiil Col.Clii.A ImUttuiip.
OuluiubuH lIoc'kiiiK Vul. *Tol.
Delaware LackawauiuiA Weet
Deuver (^ KioiiraiLilt*
Do
Asst'ssuK
63ig
4319
fi3<<8
S4^
42>8
It's
aOWi
15
paid.
lit
But Tonni'sseu Va. ib Ua
Do
liilki
T.
rn
ITallto
63%
Hi«
•10%
I8I4
'10
143
15
143
431s
41i«
513
80
;.^
51a
80
^11
513
80i«
I--.
faiu.
8
•8
8
8%
32
).il
iio" I40>a
West'u
I'aifc
26!\i
1214
i-n
:.
.Mich. SoulIierD
V.l~llVill0
27
12>a
HOh
87>4
92
92
41
4158
'
il.vuusol..
i26>a 1271^
75
Do
prof.
Missouri Kiinsas A Texas
Missouri Pacillc
Mobile A Oliio
Nashv.CliatlauODga&St. Louis
New Yorli (eutial .& Hudson.
New York Ulilo. & St. Louis.
Do
pref.
75
8I4
•18
ilc
•9
Norfolk<& Western
Do
pref
29
Northern Paclflo
26S8
57%
pref
Ohio Central
Ohio A MissiKSlppi
Ohio Southern
Oregon Short Uue
Oregon & Trani*-( ontlnental.
Peoria DeeaturKvansville...
Phlladelpliia
8I4
191a
2818
&
Boohester A Pitt9bur«
St. Louis ASau Francisco
Do
Do
8t.
Paul
Do
A
pref
Ist pref
Duliith
pref
St. PaulMliiueac. A Manitoba.
Texas
Union
A
I'aeitlo
Paeillc
Wabaah
A Pacilic.
Do
pref
nUcellaneoua Stocks.
C<j1(i
»1 A Iron.
St.
Louio
<;a« Co
Iiulaon Canal..
DVemont Co
ay ANav. Co..
O
P,.
Pu
.
..;aee
CarCo."!II
Western liuion Telegraph...
Kxprena Stocks.
Adams
American
United States
Wells, Faivo A Co
1.
Inactive Stocks.
Albany
Ji
.SiLiquehanna
Atlantic A Paeillo...
Burllugioii Cd.Rnplds A No.
Cedar Fail.s A .Minnesota
Central luwa
'..
CUoago A Alton, pref
Cleveland A Pittsburg, guar.
Dabuquc ASiouxCKy
Harlem
Illinois Cent . leased line stock
Mil. Lake Shore
West.
A
Do
Morris
A
pref
2678
68»8
_
Do
Mining Co. . .
pref....
Do
nrcf
^
VaUey
Cameron ( oal
Homeslake Mining.. ...'... "I'
Maryland dial Co
Scioto
.'.'
New
Central Coal
I!!!'""
Tennessee Coal A Iron!"!
*
12 14
86I4
921a
41
27>a
12 14
37%
93
42 14
3614 37
126%
8%
•ISH
61
3718
25
Si's
2538
I28I4
49
15
106% 107
8%
8%
18% 18%
28%
63
37% 3779
19% 19%
•9
7
21
10
31
281a
2638
57=8
281a
26=8
5818
7
21
•7
9
1=8
24I3
161a
25
30% 3114
20% 21
2418
2113
25 14
75
3413
5
211a
•45
46
46
102 14 103 14 '103 10313
4118 4178
41
4114
108 10913 '108 IIOI3
117% 118
11713118
I214 12%
12
I214
48-%
4938
4838
938
1878
938
1913
913
181a
10936
29=8
111%
•14
•46
63 14
•31a
2;
8%
29
110
37%
20%
•313
23
106
102
127=8127%
37
19
75
34
•2113
-4513
41 7g 42
•36
38
3714
19ie
34% 33
5
22
2779
12% 12%
87% 88%
93
93%
61%
19
1=8
•20% 211s
27%
28%
•23
I6I3
'20
•20
3118
979
29
2779
6II4
1=8
1713
9%
39
71% 71% 75
75
19% 19% 19% 20
48% 49
•4814....,
8%
241a
4876
979
19
714
2338
•9
10
25
25
2078
27=8
34I4
34=8
21
5
21
3%
*45
103
40%
108
118
1239
838
22%
10
30% 31%
2078
7%
64
32%
28% 28%
26% 2678
57% 38=8
1% 1%
24
24%
16% 16%
•20
2838
29%
26% 26%
59%
1%
1%
24% 2478
17% 17%
29
5838
•20
3738 29=8
76
40
103
41=9
25
31% 32%
31% 21%
76
34% 34%
•3%
5
•21
•45
22
103
103%
46%
41% 43%
109
109% 109%
118=8 117% 118%
13=8
48% 50%
9% 9%
18% 18%
12% 12%
49% 50%
9% 9%
19% 19%
64
6418
1.100
4319 44
9,320
&419 S3'% 106,274
41% 42%
11
20
20
•isia
•IB
14
l,912i
40!
4501
01
2373
109
22
5,637
10,490
124
124
123
126
143
143
140
140
778
779
7%
70
70
•12
153-
14
19
160
217
225
217
•17
18
•58
30
00
•6I3
•22
•29
•40
•90
713
25
31
"12"" '1253
123
8%
8
•6%
•22
•90
14%
14% 14%
18%
•17
18
150
14
1979
14
20
18
7%
23%
50
379
9%
14=8
These are the price* bid and asked; no gale was
15
155
155
67
•317
333
217
67
223
6%
•23
7%
23%
44
95
10% 10%
14
14=8
12
12
12
12
18
14
50
•12
•19
160
150
•38
•90
95
•11% 14
•12
*105
106
65% 60
122% 123% 121% 121%
155
150
66%
225
9% 10%
•13=8
147% 147%
149
103
•65% 66
8%
9%
70
....
14% 14%
778
122
150 150
•60
67
317 225
•9913 100% •99% 100% •99% 101
•39
•39
•29
30
30
30
60% 60% •59% 60% 60% 61
136 138
136% 136% 136
'104
103 105
103%
211 211
210 2IOI4 210
150
66
30
776
124
145
103
41
19
138
152
•66
67
219
218
•99% 101
•29
•60
31
61
33
62
33
106
211
106
311
105
105
30
30
41
62%
139% 139% 138% 138%
•6%
•22
41
i
19
158
153
1,560
333
120
50
7%
41% 43
43
31
000
•00
700
•12% 14
12% 13%
49% 49%
made at the Board
14%
1479
18
IS
1479
8,090
18% 18%
160
300
710
800
14=8
•13
13
13
49% 49%
•12%
14
14
3
Feb.
108% Jan.
67 Jan.
13778 Feb.
7579 Jan.
8
14 150
28;i06
13 66
3
5
3
9
9
13
17
26
15
1
14478 Feb.
9% Jan.
75 Jan.
13 14% Mar.
IS 32% Jan.
19 160 Feb.
li;i32 Mar.
21 07 Mar.
15 219 Mar.
13:100% Feb.
28 33 Mar.
50% Jau. 1ft, 03 Feb.
132% Jau. 11,139% Mar.
100% Jau. 30! 106 -Mar.
204% Jau. 18:311 Mar.
8 Jan.
7 Feb. 6
25% Jau.
21 Feb,
31 Jan.
25 Jan.
46 Feb.
38% Jan,
05 Feb.
86 Jan.
10% Mar.
Jan.
16% Jan.
Jau.
23 Jan.
18 Mar.
16% Feb.
11% Feb.
15% Feb.
10% Jan.
50 Mar.
49% Mar.
20
5
14
7
117 137% Feb.
3,100'
7% Mar.
14 70 Jan.
230 11 Feb.
523 17 Jan.
160 155 Jan.
388 146% Jan.
300 60% Jan.
523 115 Jau.
93 Jau.
300 22 Jau.
23%
•90
14% 14%
a
Feb.
Feb.
Feb.
Feb.
190 144 Jan.
145 101% Jan.
357 62% Jan.
233 119% Jan.
,
30
Feb.
Jan.
Feb.
145
124
1
8
108% Feb. 13
.Ian.
148
147
3
Feb.
257g Mar.
Ill Feb.
Jan.
98% Jan.
104% 48,017 87%
105% 105% 105% 105% 105% 105% 106
66
0514 66
60
65% 63% •65
147
Mar.
13%Jaii.
21% Jan.
1
IO518
•65
148
67%
44%
425| 12 Feb.
15% Fel). 13
258 139%, lun. 25 14t Feb. 12
2,569 I34%.7iin. 18,140 Jiui. 5
92I4 9278 163,(;7<il 90%, Jan. 181 96=9
Jan. 3
124 124
12413124%
l,lKi):i20
Jan. 18 135
Mar. 3
109 109=8! 109 109% 45,9681 103 ,Ian. 25!lll%Fcb. 15
'141
141% 141%
141%
600 135 Jan. 18 142 Mar. 2
129% 129% 129 139
885 127 Jan
131
Feb. 17
•11% 13%
1,500 1:2 Mar.
15% Jan. 5
32
33
1,630 30 Jan.
35% Jan. S
3979 40=8
39% 40% 7,910 351% Jan.
42% Feb. le
103% 103% 103% 103 14 3,09 08 Jan. 18105% Feb. IS
5314 54
52% 327a
1,886 50% Jan. 18 60 Jan. 2
37% 3«i4 37% 37% 21,236 39 Jim. I9I 38% Feb. 17
129 131'9 128=8 130% 477,785 115 Jan. 19 135% Feb. 13
15% 15%
60 14% Jan. 22 20% Jan. 'i
•23
34%
435 31% Jan,
26 Jan.
2=8
3=8
2% 2=8 2,615 2% Hnr.
6% Jan.
53a
5%
5% 5=8 2,2,10 5-38 Mar.
11% Jan.
SO
81
80
80% 3,304 67% Jan.
81 Mar.
19% Jan.
25% Feb.
938
9=8
9
9=8
5,189
8 Jan.
10 Jan.
'27
29
27% 27%
300 27% Mar.
36 Jan.
141 141% 141 142%
2,592 138% Feb. 241143% Feb. 9
27% 28=8 27% 28
12,770j 33% Jan. 18 2878 Jan. 5
"
12% 12% 12% 13%
1,420 12 ,lan. 25| 18% Jan.
87% 8839 87% 88% 147,964 8238 Jan. 18 90% Feb. 9
93
93% 93% 94
5,380 80 Jan. 20I 04 Mar. 5
41% 41% 4138 4178 17,680 36% Jan. 23| 4573 Jan. 4
•36
38
38
38
5 33%Juu. 18f 41 Feb. 1
127% 127% 136% 127% 13,405 130 Jan, 2 128% Mar. 2
"^
37
37
200 30 Jan. 10 38%
Jan.
4
•73
75
210 68 Jan. 18 76% Jan. 2
19% 19% •19
20
750 18 Jan.
22% Jan. 4
48% 49
48
48
810 45% Jan.
51% Jan. 4
28=8 29%
28% 29
20,410 37% Jan.
33% Jan. 2
110% 110%
11438 Jan. 11
1,000,107% Jan.
•14
•14
15
15
loOi 14
Feb.
17 Jan. 5
-4678 4778
47
47
3001 46
Jan.
50 Jan. 7
106% 106=8 106% 10678 13,.5.';3 103% Jan.
107% Feb, 13
•7
7% 8
8
1,660
10 Jan. 3
7% Mar.
•18% 19% •18%....
160 17 Jan.
33 Jan. 3
28
28% 28
28% 96,500 23 Jan.
3878 Feb. 17
62
63
62
63% 13,706 50% Jan.
64 Mar. 3
37
37% 37% 3738 3,210 36 Feb.
4338 Jan. 23
19% 19=8 19
1938
2,201 18% Jan.
21% Jan. 4
779
779
7% 7% 3,543 6 Feb.
8% Jan. 2
22
2279
21% 32
7,550 17% Jan.
24 Feb. 9
9% 9%
200
8% Jan.
11% Jan.
28% 29
28% 29% 1,858 25 Jan.
30% Jan.
27
27
26% 26% 1,570 25% Jan.
39 Jan.
58% 60
59
70,883 56% Jan.
6178 Jan.
60
138
1% 1=8
1% 2,250 1% Jan.
3
Feb.
24% 25
2538 26%
9,270 31 Jan.
26% Mar.
19 Jan.
800 15% Jan.
•30
25
20
3178 Jan.
25
25% Jan.
31=8 32%
31=8 32% 1'7",'76'
37=8 Jan.
34% Jan.
21% 21% 21
21%
700 18% Jan.
22% Jan.
28% 30
28% 39% 370,745 18% Feb.
30 Mar.
70
76
76
76
400 75 Mar.
82% Jan. 14
34% 34% 34
34
38 Feb. 2
2,900 33% Jan.
•3%
•3% 5
5
338 Jan.
5 Feb. 15
21 21% 31 31%
200 20 Jan.
23% Jan. 25
•45
46
45
45
100 42% Jan.
48% Jan. 7
102 103% •102 103
61 97% Jan. 37,105 Feb. 9
43% 4638 44% 4676 17,533 37 Jan. 18! 4678 Mar. 5
110% 111
110 110
067 99% Jan. 36 111 Mar. 4
117% 117% 117 11779 4,153 106% Jan. 19 11878 Feb. 25
12
12% 11% 12% 0,600 10% Jan.
14=8 Jan. a49% 51% 49% 50=6 72,46r, 4738 Feb.
5638 Jan. 3
1238 Jan. 2
9% 938
9
9% 3,570 9 Mar.
19% 10% 19% 19% 1,879 17% Jan.
22=8 Jan. 3
148
148
4ft% Fab. 17
18%. ran.
102% 102% 102% 103% 10379 1033si 102% 10339! 10338 10338 3,335 09
51
51=8
51% 52=8 01=8 52%! 51% 53%' 50% 51% 87,007 19
133% 134 •132 134 132 135
132% 132% 134 131
366 132% Mar.
72
73% 72% 73% 71% 73% 60% 71=8 69=8 70=8 165,181 68=8 Jan.
70
14
1880.
136% 136%
24% 24% 25
23% 25% 25781 23% 25% 25%
108% llOifi 107%109i4 107% 109%! 108% 109% 108%
149
1,
08% Jan. 14
Feb,
19
14|isl41i«
103 '4 101% IO214 10138 105% 10178 106%] 103% 105%! 103
103
1886.
BIgbest.
38%,Ian,
4 2%, I an.
39% Jan.
10% Jan.
50% 52 la
13313 133 'a
7278 73%
103
1,
Lowest,
(Sb'res)
21%
Essex
Borne Watortown A Ogdensb'g
Bt. Lou IS Alton A Tcrre Uautc.
37
75
261a
18
2779
•8
1%
New York Uioh. A Wcsteini".'
New York New Haven A Hart.
()aloksllver
121a
86=8
921a
4118
371a
1271a
18
2738
•2414
1714
2438
lieading
10
29
Rlchmiind A Danville
A Wt.st PntTerminal
•72
26%
9%
32
lid" 140 13 1407g 141%
19% 19% •1914 19%
•48
•47% 49
28^8 29=8
281* 29
2838 29=8
109 14 IIOI4 10938 109% 109% 111
•14
141a 141a
•47
•4678 49
•46
49
49
105% IO6I4 IO514 10579 10579 106%
New York Lake Erie West'n. 27%
Do
pref
611a 62%
3738 3758
New York & New Enicland
New Vorli Ontario ANvestcm. -18% 19=8
7I4
714
New York Susn. A Western
Do
21% 21%
pref-
Rlchni'd
127%
37
Mempli!
-ton
Mlolugau Cuiitntl
Uluneapolis <ik St. Louis
Do
91%
40%
•35
Chicago...
Loul«.
26I3
12
85^8
SHi
'.-..
5.
Uia '10%
I3714
O214 9318
"
6>8
44ifi
56%
41%
137
•30
32
32
32
33
32
32
33
3!l^ 40 1»
39% 40«8 401s 41
397g 41
103 '4 104
1021a 10278 103 104
10.^ =8 10414
54I4 55
53
•J3>s 341a
531a
•)l=8 55
3513 36
3:>^ 30
37 19 38
351s 3U%
12U%128'4 12.'il>8 126% 12379 131
1311413314
1538 15%
~
24
2418
24 14 241s
•221s 24
3
3
3
279
3
31s
31s
-"a
80
Mar,
121a 121a
'1411a 1431a
,
13719 137
1371a!
ai'e
91% iKSU
123>3 1231a 1241a 1241a
»
79
JAN.
Bange (Ince Jan.
Week
Frldav,
64i«
64
54l<s
•11
18 14
•131a
19
14
142
64ie
43 14 4379
54 Is seog
42
4214
10U"8 llO's 108% 109% 108 '8 110 '8
I4II4 Mlia 140.% 141% 1411s 142
'129
I29I3
130
l-JUifl 12U»9 130
12
12
1218 12%
14
121s
78^ 79
BalM
Thursday,
Mar. t.
am
123's
pref.
A
Evaiisvill.
41 14
•10!^
19
14
U2 143 •140
137% 1375, 137
•19
•la's
I'liul.
pref
aUciigo
63ig
4218
61%
40Tg
PRIC'I».
Tiiemtity,
Miir. 2.
43>«
03 "8
AND SINCE
of the
Monditr,
Mar. 1.
teturdar,
Feb. 27.
5,
i
26 135%
1
1
3
5
17
5
4
3
26
5
17
4
4
3
6
13
a
8
18
2
3
6
16
15
1
.
..
.
THE CHRONICLK
296
BAILBOAD EARNINGS.
Laiett Earnings Reported.
EOADB.
Week or Mo
1886.
1885.
Jan. 1
to Latest
1886.
Date.
New York City Banks.—The following statement shows the
condition of the Associated Banks of New York City for the
week ending February
& Potomac January ..
Boat. H. T. & W. 3d wk Feb
Biiff.N.Y.& Phil. 3 wksFeb.
Bnff.Roeb.&Pltt 4tb wk Feb
Bur.Ccd.K.&No 3rt wk Feb
Canadian Paciflc Itliwk Keh
Central Iowa... 4th wk Feb
ithwkFeb
CUo. i East. III. 4tUwk Feb
CUo.Mil.&St.P. 4tUwkFeb
CUcago
Alton
<fe
&
cue.
Nortliw.
Ch.et.P.SIin.&0.
Chlo. & \V. Midi.
01n.Ind.8t.L.&C
Cln. N. O. & T.P.
Ala. &Gt.So..
If. Ori. & N. E.
Vlcksb. & Mor.
Ticks. Sli. & P.
Clii. Wash.* Bait
4th wk B"eb
3d
wk
Feb.
3d wk Feb.
3d wk Feb.
3d wk Feb.
3d wk Feb.
3d wk Feb
3d wk Feb
3d wk Feb.
3d wk Feb.
Clev.Akron&Col 3d wk Feb
CoL HoelJ.V.&T. January ..
Danburj- & Nor. January .Denv. & Rio Gr 4th wk Feb
Denv.&E.G.W. January ..
Des. Mo. & Ft.D SdwkFeb
l>et.Lan8'g>S!^ No. 4th wk Feb
E.Tenn.Va.&Ga. .lauuarv ..
Eransv. & T. H. 3d wk Feb.
Flint & P. Marq, 3d wk Feb.
Flor.
R'way & N. 3dwk
Jan.
rt.WortlnfeDen. January
Grand Trunk
.
..
Wk.Feb 20
.
GnlfCol.&S.Fe. January
DLCent.dll.&SoJ
ithwkFeb
Cedar F.&Min. 4ihwkFeb
Dnb.&SiouxC. 4th wk Feb
la. Fails & 8. C. 4th wk Feb
Tot. Iowa lines 4th wk Feb
Total all lines. 4th wk Feb
Ind. Bloom. &W. 3d wk Feb.
Ind. Dec. & 8pr. January ..
wk Feb.
& M. 3d wk Feb.
& 8p. 3d wk Fel).
Long Island
4th wS Feb
K.C.Ft.8.&Gulf. 3d
Kan.
Kan.
C. Sp.
C. CI.
I>>ul8r.& Nashv.
Lonlsv.N.O.&T.
Mar.Hougli.& O.
•Mexican Cent'l.
IthwkFeb
January
2d wk Feb
4th wk Feb
*Mex.N.,aUlines January ..
Mll.L.8h.&West, 4th wk Feb
Milwaukee & No 4th wk Feb
Mobile & Oliio
Na8b.Cb. &8t.L.
N. Y. City&No.
|N. Y.L.Erie &W.
N. Y. Pa. & O.
.
.
February,
101,091
11,«43
170.100
23,930
51,632
132,000
22,308
108,744
32,139
4.51,000
454,300
97,700
24,132
40,261
47,544
23,093
10,641
11,154
10,486
35,218
8,001
170,371
15,249
118,400
66,970
9,378
23,430
324,032
15,325
37.342
24,581
24,650
290,048
152,193
155,500
1,000
12.200
8,100
21,900
177,400
53,943
35,999
42,910
26,466
4,341
22,317
278,400
156,031
6,582
74,000
122,233
25,220
18,080
145,531
January
18,5,519
10,36'
4th wk Feb
January .. 1,254,112
January .. 408,076
N.Y.&NewEng. January .. 268,265
IN. Y. Ont. & W. 3d wk Feb.
19,875
N.Y.Susq.&West January ..
81,650
Norfolk
& West.
.
3
wks Feb.
Northern Cent'l January ..
Northern Pacific February..
OMo&Miss
January ..
Ohio 8outhei'n.. J.anuary ..
Oreg.R. &N. Co. 3d wk Feb.
.
160,891
400,123
569,227
274,180
44,790
78,60'
Pennsylvania... January . 3,421,536
Peoria Dec.&Ev. 4th wk Feb
17,501
PUla. &Erle.... January ..
218,830
PMla. A Reading January .. 2,0.55,584
Do C. & Iron January .. 914,360
Etohm'd &Danv. January
276,800
Ch.Col.&Aug. January
60,491
Columbia&Gr. January ..
53,984
Georsia Pac.
January ,.
60,902
Va. Midland.. January ..
84,606
West. No.Car.. January ..
34,189
Borne Wat. &0g. January ..
123,746
Bt. Jo. & Gd. Isl. 3d wk Feb.
39,660
Bt.L.Alton&T.H. 3d wk Feb.
20,756
.
.
.
Do
Branches. |3d
wk
Feb,
Bt.L.&Sau.Fran. '4thwkFcl
BtPanlADulutb :4thwkFeb
BtP.Min.&Man. January
Texas & Pacitic January
Tex. & St. l^uis 2d wk f"eb.
Wab. Bt. L. & P. 1th wk Jan
fWest Jersey... January
15,940
105,400
17,584
409,176
Wisconsin Cent'l
SdwkFeb.
-429,000
32,338
284,454
68,494
22,654
BOADg,
Week or Mo
1885.
Ohesap. & Ohio.
ElizXex.&B.S.
Che«. O. & B. W.
<aUo. Burl. A Q.
OaLHar.&S. An.
Kentucky
December.
J>eceuiber.
r)ecemi>er.
Avwage Amount of—
UEk.A Ft.Smlth December.
L.Rk.M.Riv.&T. December.
I«. * Mo. River November.
Ijonlslana Weat December.
Maine Central. December.
Hem. &
Chariea Deceml>er.
MInn'ap. ASt.L. December.
Morgan's La. AT. December.
K.Y.Tei.&Mex. December.
Oregon Imp. Co. December.
Oregon Short L. December.
Boloto Valley... December.
South Carolina.. December.
BoiPac.Comp'yAtlan. System
Pacitic System
Tex.
A N.
Union
31044
20,022
22,718
247,687
92,29^
193,548
1,993
14,954
10,927
27,874
221,422
44,081
30,487
52,841
40,320
101,091
71,000
339,913
204,539
332,671
962,000
181,873
1,098,635
260,741
3,009,000
2,939,000
604,100
147,420
331,696
336,970
160,144
96,088
78,219
71,931
251,587
56,938
170,371
15,249
828,242
66,970
45,247
148.727
324,032
94,733
267,851
69,499
24,650
172,238
1,184,157
236,286
2,862,893
2,992,483
556,452
116,616
332,444
332,146
170,652
102,023
68,200
50,380
271,870
53,903
166,838
14,160
808,902
67,041
44,624
139,659
427,885
87,118
232.804
67.531
22,718
1,840,161
152,193
1,605,000
17,900
114,900
76,500
209,300
1,814,300
340,402
35,999
280,789
156,568
24,5S4
291,152
2,113,491
156,031
34,166
92,297
1,784,672
14,432
111,305
80,009
205,740
1885.
314,195
57,732
147,586
333,674
60,019
75,948
50,222
53,031
78,646
217,000
158,933
130,488
484,909
21,687
211,094
155,465
56,012
122,509
308,912
65,584
138,278
2,060,299
283,152
66,730
76,512
54.823
58,530
60,992
202,000
174,633
145,381
472,937
228,192
93,483
131,195
3,361 ,235
1,990,418
292,814
30,487
374,133
270,773
287,972
2,254,057
97,.503
26,191
601,679
126,602
146,388
79,112
366,175
184,986
56,216
1,050,474
389,660
230,420
3,236 641
847, 070
617, 415
361, 522
519, 173
627, 317
1,339,848
1,714,752
4,205,451
388,010
404,216
1,123,546
300,300
45,109
325,773
3,277,522
116,807
222,017
1,846,366
844,789
325,100
77,940
71,700
60,180
98,5s2
33,805
114,395
153,981
173,518
103,786
618,596
138,188
462,125
342,000
112,251
1,053,319
70,121
163,298
3,538,605
2,901,591
922,107
589,071
368,270
631,033
485,709
City
Tradesmen's
Fulton
Chemical
Merchants' Bxoh,
1,085.200
16.297,800
3,446,000
5,479.400
1,717.200
Gallatin National.,
Batchers' & Drov.,
Tr..
1,.'551,000
Leather Manuf'rs,
Seventh Ward
State of N. Y
Amerlc'n Bxoh'ge
3,350,200
1,047,300
3,376,900
18,284.000
20,aG8.400
5,237.800
6,443,000
2.379.900
6,303,600
4,310,500
1,673,400
3.241,300
<fe
Greenwich
1,04!, 200
Commerce
Broadway
Mercantile
Pacific
Republic
Chatham
Peoples'
Nortli America
...
Hanover
9,78il,400
2,720,000
2,f07,800
2,488,300
3,323.800
1,893.000
3.278,000
5,381,500
4,751.900
1.841,100
21,829.000
20,075.100
1,624,000
1,218,300
17,571,000
8,195,000
2,522,000
5,643,700
.......
Citizens'
Naas.iu
.
..
Market
Nicholas
Shoe & Leather..
St.
Com Exchange ...
Continental
Oriental
Importers'* Trad,
Park
North River
Bast Biver
Fourth National..
Central National..
Second National..
Ninth National...
First National
20,8tj8,900
Third National...
N.Y.Nat. Eioh..
Bowery
N. Y. Connty
6,406,200
1,215,800
2.218,300
2,010,100
German-.\meric'n.
li,796,100
Chase National...
3,490.800
3,467,300
2,053,700
2,093,300
4.1)7,800
2,088,000
1,388,000
1,248,500
3,181,000
1,421,800
2,030.600
1,607,700
Avenue
German Krch'nge.
Fifth
Qermania
United States
Lincoln
Garfield
Fifth National....
B'k of the Metrop..
West Side
Seaboard
Total
" 21
" 28
Dec. 5
" 12
" 19
••
26
Jan. 2
"
9
" 16
" 23
" 30
Feb. 6
" 13
" 20
" 27
tion.
$
1,086,000
434.000
813.000
869.000
835,900
382.000
1,075,000
303,900
167,900
708,400
247,700
591,600
251,700
213,000
131,400
213,500
126,000
551,900
1.480,000
l,86i,eoo
286.000
652,000
179,800
261.200
458,000
162.400
552,600
592,800
458,200
308,300
302,100
215,600
162,700
413,000
379,000
872.500
380,000
1,487,490
2,413,800
141.000
144,700
1,233,400
560,000
381,000
401,600
679,200
351,800
318,100
171,700
310,100
237,800
346.700
126,100
740,000
282,200
194,600
278,800
116,800
195,300
225.100
367,500
404,800
130,300
totals for several
Specie.
340,309, 100
339,493,,200
341,387,,000
338,514,,100
3.18,726,,b00
337,574,,300
336,938,,300
339,909,,800
339,873,,700
339.345,,900
338,607,,700
337,934,,700
339,392,800
344,828,400
348,183,,800
349,877,,(j00
92,796,300
93,656,300
93.679,300
91,381,;00
94,019,500
92.818,100
90,988,200
89.721,100
98,082,100
97,072,200
98,'i84,300
100212700
99,147,200
98,10S,800
97,006,700
92,343,600
Circula-
S.
weeks
L. Tenders,
Deposits.
$
$
t
10,694,000
10,760.000
7,981.100
8,581,000
11,252.200
2,408,000
16,768,700
2,475.700
440,000
3"48,6o6
262,000
96',6o«
l,6a7.6,')0
23,54.1,300
3,888,300
3,905,900
1,876,700
1,702.000
1.070.200
2.800,200
1,151,200
3,885,900
18.697.000
17,615,300
6.217,100
7,377,600
2.902,600
6,968,300
4,992.300
2,011,000
4,351,500
11,396,400
3,219.000
3.316,500
3.084,500
2.954,900
1.803,100
3,932,000
4,871.900
6.666.400
2,160,100
24,248.600
23,805,000
1,823,000
1,089,400
18.585.500
9.710.000
3,753.000
6,599,100
21,757,000
6,011,900
1,381,600
2,460,800
2,461,800
2,718.000
4,379,400
3,659,200
2,978,900
2,559,000
4,604.800
2.670.700
1,671,000
1,439.300
4,327,800
1,848,500
2,018,000
1,903,900
349,677,000 92,343,600 31,157,200 390,252,100
The following are
Novll
Deposits
other
than V.
66,000
601,800
213,000
2,600
489,100
41,700
631,000
45,000
45,000
413,100
46,000
180,000
327,100
264,800
4'ii'9()0
443,400
'iJl'siMl
970;9bo
45,000
208,900
180,000
297,000
38,000
46,000
433,800
iie.900
223,200
180,000
46'6o6
45,000
44,100
45,000
123.600
46,000
193,000
8,666,100
past:
Circtrfation Agg. Clear'gs
$
28,757, 400 380,,234,200 9,952 ,000 779,244,28«
29,009, 700 381, 100,900 10,077,,300 888,938,911
28,614, 2OOI382,,400,900 10,086 ,600 750,425,793
29,014, ,9001377,,635,200 10,095, 200 742.188,606
2!J,089, 300378, 121,800 10,082, 500 761,110,421
28,305, ,2001377,,502,000 10.005,1700 811,693,573
27,'J12 ,700 373,,953,000 9,924,,400, 8;i6,73 1,158
2,8,808, ,200l376,.969.300 9,979,,801) 608,087,197
31,117, ,700 388,,397.000 9,864,,800,718.037,847
33,419 400 389,,902,800 9.801 ,000 652.597,285
34,287, ,400 389,,832.700 9,8ii0, 400i722.,f08,S30
33,432, 400 389,,964,700 9..599,,6001618.183,909
33.507, 600 390,,564,900 8,844,,300 778,938,164
35,382, 800 398,,080,800 8,64S 900l714,701.958
33,467, 700 396, 091,100 8.485, ,7O0l8H3,489,847
'.'52.100 8,666, 1001570,399,480
31,157,
Boston Banks.— Following arethe totals of the Boston banks:
1888.
Specie.
L. Tenders.
9
$
Novll 155,283,600 9,118,200 6,4S6,300
21 166,S1!2,100
" 28 158,277,900
••
" 12 164,456,101
19 154.140,0011
28 153,O45,90(
Jan. 2 153,896,801
••
9 163,703.201'
" 16 153.702,500
•'
23 153,8S4.40('
" 30 154,066,20(
Feb, 6 154.494,60(
" 13 154,740,40fi
" 20 165,474,301
" 27 155,201,90(
9.180,000
9,163,200
9,237,000
Deposits.''
$
Circulation\Agg. Clear'gs
S
117,772, 900 21 ,539,600
116,671, 100 21 ,627,800
118,311 ,300 21 ,617,7001
116,075 ,000'21 ,005,000
111,257, ,900
,441,800
,-,!71,800
11'2,632, ,300
,181,600
112.846 ,800
113,628, 900
,138,200
,203,800
113,816: 900
114,'200: 800
,096,900
114,231, ,300
,775.100
113,538 ,200
,639,300
3,601,6()( 115,952,,700^20,,231,000
3,380,100 116,798,,400119,,643,200
2,987,001 115,728,,000119.,662,200
2.615,201 115,997,,900)19,439,200
5,109,800
5,101,900
4,627,000
9,748,800: 4,290,600
10,140,400 4,184,100
10,371,000 4,217,900
10,456,000 3,781,400
10,818,600 3,8.32,900
10,991,100 S,H5,900
11,302,900 3,745,600
11,284,400 3,790,700
ll,'i84,000
11,287,100
11,088,501:
11,015,501
Philadelphia Banks.—The
87,186,521
94,335,790
79,311,293
91,085,050
84,198,964
84,908,643
68,363,860
81,617,2»6
97,248,116
86,137,869
8'.'.868,80»
77,048.786
89,340,18«
77,496,186
76,630,218
67,279.067
totals of the Philadelphio
banks
are as follows:
1886.
Loans.
U
$
1.795,848
3,629,006
3,370,762
1,059,199
1,151,838
1,233,289
9,183,737
7,888,443
no longer included.
^^"^ "^'"'^ Pennsylvania
2,550,1)00
1,688.000
2.328.000
1,531,100
2.100,000
1,633,800
222,000
9,169.300
418,700
1,041,400
11.499,500
675,700
389,700
380,000
68,000
122,300
581,000
331,500
820,000
5,025,000
3,380,900
1,564,900
1,450.300
805,900
3,188,200
1,056,000
190,200
665.400
2,752,100
891,600
555,100
442,400
601,700
335.000
883,000
807,000
703,500
474,000
4,918,100
6,309,100
121.000
210.600
3,537,100
2,414.000
1,146.000
1,584.500
4,318,300
1,403,100
314,300
498.800
365.400
467,100
750,700
799,903
260.000
301,200
1,026,200
137,900
286,400
249,600
1.180.800
282,000
,!4 8,000
380.900
Ifet
1>428",6S2
*
is
.
Dec. 5 165,448,9011
1884.
872,140
25,657,290
:i^a brancS^T''^"^'-"'
.
America
Phenix
Sixth National
2,866,060
1,833,190
orl'ne
11,288.000
».946,000
7,585,500
8,641.000
12.455.200
2.863.000
7,9a3,400
Manhattan Co
Merchants'
Mechanics'
Irving.
Tei
endera.
*
New York
Mechanics'
Ltgal
apteie.
IHscounts.
'76,665
706 ,467
762,627
1,571, ,155 1,374,645
26,556 ,427 25,483,612
Paclfle...
Mexican currency.
1 Road south of CoruwaJl
824,.S41
1,870,42'
25,817
285,008
97,503
4,910
73,991
.593,800
126,662
122,233
22,250
192,768
12,495
84,013
164,494
312,336
184,986
185,519
8,282
73,270
1,050,474 1,2.54,112
389,660
408,076
230,420
268,265
23,505
143,150
70,665
81,650
158,755
379,798
404.216
400,123
569,964 1,049,557
300,300
274,180
45,109
44,790
49,763
399,180
3,277,522 3,421,536
16,958
115,808
222,017
218,830
1,846,366 2,055,584
844,789
914.360
325,100
276,800
77,940
60,491
71,706
53,984
60,180
60,902
98,582
84,606
33,865
34,189
114,395
123,746
28,08
144,416
21,433
156,111
15,377
105,639
91,719
585,146
14,202
136,715
462,125
409,176
342,000
429,000
24,176
159.116
324,743
814,246
70,121
68,494
20,992
159,220
1884.
98,472
49,621
303,981
161,528
354,781
Loans and
"
"
December 2,329,975
D6ceml:)cr
Cent'l 'December.
98,472
5.185
149.700
18,261
40,035
117,000
25,786
118,533
37,704
402,614
576,900
71,600
14,295
43,000
41,166
20,071
16,056
8,707
6,194
35,965
8,135
166,838
14,160
107,083
67,041
7,127
23,515
427,885
12,466
27, 1886:
1885.
Bonkt.
Bait.
XLIL
[Vol,.
& Ohio road.
Nov.
"
21
" 28
Dec. 6
'•
12
"
19
"
Jan.
26
"
16
23
2
9
80,832.600
80,978,000
81,234.800
8'i,280,800
82,678,700
83,198,100
83,719,600
83,272,600
82,902,200
82,552,300
Lawful Money.
Deposits.'
Circulation.
30,301,600
29.760,800
30,037,500
29,248,800
27,720,300
27,075,100
26,672,200
27,079,600
87,156,800
88,938,900
87,810,600
87,128.200
81,905,900
86,088,000
81,751,600
86.837,000
86,630,800
85,306,760
81,719,100
84,470,800
84,382,300
84,762,000
7,418,81,.
28,007,!'00
27,810.100
8l!,776.200
27,405,600
80
8.3,114,000
27,101,100
Feb. 6
83,503,700
27.478,100
•
83,085,700
13
27,904,100
"
20
83,377,400
27,536,600
86.'248,1U0
"
27
83,631,60«
27,038,100
84,984,700
'Inoindlng ilie item " due to ocner Danxa."
"
7.4'iO,i>00
7,435,600
7,138.500
7,121,500
7,113,500
7.392,500
7,882,600
7,886,100
7,347,000
7,334,600
7.313,500
7,223,300
7,084,500
6.973,000
6,951,600
>«.
auar'ts
i0.i.is,sxi
^".1 .'.em
46,x.4,897
69,46e,8»8
52.876 ,79i>
64,187,43«
48,126,08»
il.miM*
60,687,eW
63.817,669
6S,627.64«
46.»03,23»
68,028,603
48.691,964
67,624,499
46,814,393
J
March
J
THE (JHRONICLR
6, 1886.J
297
GENERAL QUOTATIONS OF STOCKS AND BONDS.
New Tork reprodont ttio pnroent
Quotations In
Th«
valiin.
M
wli^tovor
••
." for
fc>lliiwlnititi>brflvlfttlouiiiiic\ often u»0(l. Til! :
"». f.," for iilnki>i<(
"oonv.," for <Mmv(ii-Hlilii
tero<>nB(ill.l!it<»il;
Quotations In
;
New York
are to TluirHilay
gnlweribara
win
;
tlin
p\r
m )vt(( »««;
b«; otlinr qintiU inn are froiiuontlr
m\r
"k,"
f'lr
Ask.
Bid.
United Btatk« Bonds.
CiTT Sr.otmmM.
Bid.
Allegheny, Pa.—fia.ep., >S847..Var. 100
112> 113
100
100
100
99
U9
100
101
112
112
112
Var.
4>s8, coup.. IR8.'>'1901
Var.
U2''s 113
48, coup., 1901
Allegheny
Co.,
.^s,
IBlif.JAJi
126>a
126<>e
cp.,
reK...«-«i
4s, riot loan, 5-10h
coup.. .Q— 127 "a 127 "si
4s,
do
10.2()8
reK..Q.— F. lOOOg
8s, option U. 8
do
8s,
10-208
J*J 126^1
roK
ea, Onrroncy, 1895
I29>4
6-'208, 1801-1006....
4a,
refunded,
JAJ
rcK
e», Ourrenov, lf*96
Atlanta, Qa.—78
rcK....J&J 131<>8
68, (Currency, 1897
134
Do.
8a
J&J
rcf?
6s, Currency, 1M98
Waterworks
reir
JAJ 13U>4
6s, Cnrroiicv, 1899
Augusta, Mo.— 68, 1887, mun..FAAI
SKCIIKITIKS.
.^„,
Varlouf
Augusta, Ga— 78
Alabama—€hW8 "A," 3 to 5, 1906... lOO'n 102
105 110
Austin. Toxas-l 08
Class "B," 6s, 1906
4>M, 1891
1H91
4s, 1907
4s, 1907
rfc|{
coup
«>aii,
—
STATK
0Us8"C,"4s, 1906
J
68,10-20, 1900
Arkaneas-Gs. funded, 1899 .J
K. A Ft. 8. issue. 1900. A
7s,
7s, Metnphls A 1.. R., 1899. .A
<k
*
A O 20
A O 20
.
U
7s,L. R. P.
»8
J 105
J „9 "^
B.AN.O., 190O..A&O
AO
JAJ
MAN
7s,Mls8.0. A R. I{lv.,1900..A
78, Ark. Central RK.,1900.A A O
78. Levee of 1871, 1900
California— 68, civil bonds, '93-95. •
JAJ
58, water, 1894
JAJ
68, 1900
68, West. Md. RR., 1002 .... JAJ
_
68, V.iUey BR., 1886
108
58, 1916
Oonnecticut— r>e, 1897
JAJ
JAJ 105 107
48, 1920
New, rcg., 3J38, 1904
100
Bangor, Me.— 68. RR..1890-'94.Var.l
New. rejf. or coup., 38, 1910
JAJI
6s, water, 1905
JAJ
Delaware— e.'!
District of Columbia68, E.A N.A. R.iilroad, 1894. .JAJI
119 120
6s. B.
Piscataquis RB.,'99.AAOI
Cons. 3-658, 1924, coup
119 120
Varl
3-658, 1924, reK
Bath, Mo.— 68, railroad aid
JAJIiUS
5r, 1897, municipal..
Funding 5s, 1899
Perm. Imp. 6»,gu.ir., 1891.. .JAJI 114'i 1151s Belfast, Mo.— Gs. railroad aid. '98.. i
Perm. Imp. 7s, i891
JAJf 118 119>« Bo8ton,Mas9.-6s,cur,long,1905Varf
Var.
Wash.— Fund.loan(ConK.)68,K.,'92l 115
68, currency, 1894
Var.l
Fimd. loan(Leg.)69,/i..l902Varl 128
58, gold, long
HSis
Market etock, 78, 1»92
4149,1908
131
JAJ
Water stock, 78, 1901
4s, currency, long
131
do
Brooklyn, N.Y.— 78, 1890
78, 1903
Florldar— Consol. gold 68
Jt 112
68, Water, 1891
J
6eorgla-68, 1886
6s, Water, 1899
68, Park, 1921
J
7s, new bonds, 1886
J 102 1021s
102
10214
78, Park, 1915
78, endorsed, 1886
110
78, Bridge, 1902
7b, gold bonds, 1890
8s, ^76, '86
78, Bridge, 1920
Kansas— 78, long
JAJ
78, Kings Co., 1888
I/>ul8lana—
con.7s, 1914..JAJ 85
68, Kings Co., 1886
13
AAO
MAN
FAA
A
AAO
A
Q—
AAO
New
73
Stamped 4 per cent
Lowell, Mass.—6a, 1890,
BuHaio. N.
Baby bonds, 38, 1886
FAA *«
Maine— 4s, 1888
FAA 101
Wardebtsassumed, 68,'89.AA 01 HO
Maryland— 68, exempt, 1887... JAJ
6s, Hospital, 1887-91
JAJ 101
Y.— 78,1895
lionlsvllle,
Ky.— 7s, long dates, var.l 123
78, short datea
69, long
68, short
Var.l 108
Var.l 109
Var.l 100
W. L.MANI
J
J
8s
120
114>4
13U
129
Lynn, Mass.—68, 1887
water loan, 6s, 1894
Water loan, 6a, 1396
68,1905
Macon, Qa.— 78
Manchester, N.H.— 68, 1894
68, 1902
JA.I 119
iioia
JAJ VZl
123
119
113
MANt 117
105
JAJI 1171a 119
JAJ 127 129
48, 1911
1041s 109
Memphl8,Ten.— Tax.DUt.ShelbyCo 91
99
Milwaukee, Wis.— 5s, 1891... J A Dl 100
7a, 1896-1901
Var.l 108
7s, water, 1902
JAJt 110
Mobile, Ala.—3-4-5S. funded.. MAN 65
68
Montgomery, Ala.— New 3s ..J A J 60
85
58, new
131
115
108
123
110
112
1021s
102
104
134
132>s Nashville, Tenn.—6s, short
1161s
6a, long
110
Newark— 5s, long
12314
68, long...
..Var.l
111
Var.l
78, long
115
Var.l
79, water, long
1031s New Bodtord,Ma88.— 6s, 1909. AAOI
104
A.AO
58, 1 900, Water tioan
106
N. Brunswick,". J.—78, various...!
136
1
68
II9I4 1191s New Orlean9, La.— Premium bonds.
VZ.i\ 124
Consolidated 6s, 1892
Var
115
50 >4
7s, water, long
102
68, Park, 1926
110 If Cambridge, Mass.— 58, 1889... AAOI
JAJ
68, 1894. water loan
JAJ
68, 1896, water loan
JAJ
68,1904, city bonds
Newport,
New York
69,
69,
68,
78,
78,
79,
Ky.— Water bonds
106
lie
120
124
135
116
100
94
96''8
105
113
128
105
125
135
118
133
141
135
118
106
127
127
118
144
115
106
124
116
108
102
106
118
118
7-30s..
Clty-5s, 1903
1887
1896
1901
1890
1896
1901
Newton—68,
1905, water loan.. JAJ
JAJ
1905, water loan
Norfolk.Va.- 68,reg.8tk,'78-85. .JAJ
Var.
88, coup., 1890-93
88, water, 1901
AAOI
Norwich, Ct.-5s, 1907
58,
MAN
103i« 1041s
J.AJ
78,1905
11841 1191* Orange, N. J.— 78, long
t
1221s 1231s Oswego, N. Y.— 7s, 1837-8-9
t
130 131
Vai
Paterson, N. J.—78, long
68, 1890
q— 107
Charleston, S.C.— 6s,st'k,'76-98..Q-J 86
6s, 1890
Q— 106
68, long
J A J 25
3-65S, 1897
JAJ 1071s
7s, fire loan bonds, 1890
.58, long
109
4ia3, long
HaBsaohnsetts— 5s, gold, 1891. AAO 110 no's
78, non-tax bonds
JAJ
86
49. non-taxable
Petersburg, Va. 68
JAJI II6I4 lid's
5«, gold, 1894
JAJ
123
58, gold, 18»7
MAS 120 121 Chel9ea. Mass.—6s, 1897, water loanl 121
88
116i« 118
Mlohlgau— 7s, 1890
MAN 112
Chicago. 111.— 7s, 1892-99
88, special tax
Minnesota— New 4is8, 1912 ..J A jlO^k 106
lis
68,1895
Philadelphia, Pa.— 68, old, reg.JAJ
—
A JilOCa
A J lla
JAjlOVifi
long bonds, '89-90
Asylum or University. 1892. J A J' 112
Hamilbal ASt. Jo.,1886....J A j;103
do
do
1887....J A J IIJS
Few Hampshire— 5s, 1892
JAJ 108
War loan, 6.S, 1892-1894
JAJlH^^
War loan, 6s, 1901-1905
J A J 130
New Jersey— 6s, 1897-1902... JAJ*; I'^^S
Missouri- 6a, 1886
J
Funding bonds, 1894-95 ....J
6s.
68,
JAJ* 118
exempt, 1896
Kew York—68, gold,
gold, coup.,
gold, 1891
gold, 1892
gold, 1893
reg., '87...J.feJ
68,
68,
1887
J
A
J 103
113
118
121
6s
68
do
do
do
7 coupons off
7 coupons off
AAOTI
JAJ
AAO
6s, funding act of 1866 1900 JAJ
68,
do
1868,1898AAO
6s, new bonds, 1892-8
JAJ
68
do
RR
AAO
AAO
68, Chatham
68, special tax, class 1,1898-9A
do
class 2
68,
do
68,
W'n N. C.
6s,
do
Wil. C. AK..
4s, new, cons., 1910
J
68,1919
OIiio68,1886
1894-1904
1912
103
llu
FAA
.
Rhode Isl'd- 68, 1893-4, coup. .J AJ 120
Boath Carolina—68, Act of March (
6
23, 1869. Non-fundable, 1888
J
108
Brown consols
58>«
Tennessee— 68, unfunded
Compromise bonds, 3-4-5-68, 1912 67'a
.
.
73
Texas— 68, 1892
MAS! 116
78, gold, 1892-1910
MA8I 125
7s, gold, 1904
JAJI 133
Vermont—68, 1890
110
J
Virginia—68, old, 1886-'95....J A J 43
68, new bonds, 1886-1895... J A J 43
68, consols, 1905. ex-ooup
JAJ 59
Us, oonsol., 2d series
60
J,ScJ
10>«
deferred
bouas
68,
Tax-receivable coups., from cons'ls 49
Do
from 10-408.
Funding bonds. 3s. 1032
JAJ 60
Settlement, 38
AD
CiTV SBCUHIXIES,
Albany, N.
7s long
'
Y.—68, long
Varloosl
U5
(1128
Price nominal; no late transactions.
I
97*4
107
115
130
106
126
136
119
134
143
135lt
120
120
143
120
129
120
110
103
llOia
7-303,1902
48
Southern RK. 7-309. 1906... JAJ fjl32is
Providence, R.I.— 5s,g., 1900...,! AJ II314 1191a
130
MA:Nl|l21
68, g., 1908
do
69, gold, 1900. water loan. .J A J 128
CuriGs, 1909....FAAt|121
do
Richmond, Va.— 6s, 1884-J914.JAJ 121
JAJ 141
8kg. f d. 58, 1910MAN t HI
do
88,1886-1909
JAJ 106
Hamilton Co., 4s
loo's 1021a
68, 1914-15
Var. HO
Var.l 103
Cleveland.O.— 78, 1887
104
Rochester, N.Y.—68
140
Jf 137
A
J
AAO 1231s 125
7s. 1894, funded debt
7s, water, 1903
MAS 127 129 Rockland, Me.—68, '89-99,RR. FAA 102«« 103<a
7s, 189G, canal
82
1901
80
Var. 121
123
68, 1898
St. Joseph, Mo.—Comp'mlse 48,
103
Var. 102
Var. 10114 103 14 St. Louis, Mo.— 68, short
59, 1887-89
111
110
Var.
Columbu9, Oa.—78
Var. 100
6s, 1892
Var.H07is 109
Covington. Ky—7-308, long
115
117
53, long
Var. 1031s 104 >«
88,10-'20
103
7-30S, short
JAD.t 103 1041*
Water Works, 1890
110
48, 1905
123
AAO;i20
10 >8 Dallas, Texas— 8s, 1904
105 107
St. L.C0.-68, gold, 1905
Currency, 78, 1887-'88....Var.. 104
110 115
109, 1893-96
107
Water, 6s. 1900
96
99
St. Paul, Minn.— 68, long
1113
Var.t 120
Detroit, Mich.— 79, long
78, long
Var.jllO
95
Var.l 125
88. 1889-96
78, water, long
126 128
L.AAOI.
W.
long,
68,
3alem, Mass.—
1201s Elizabeth, N. J.— Now 48, 1912. JAJ 63
75
w.— ^ Il5i«
- 117%
JAJt
Fall River, Ma99.—68, 1904. .FA Al 1301s 131
5», 1904, W. L..
Var.
school
ii'gis
gold
Francisco—
78,
FAA
108
San
1894,
110
58,
FAAf 115 117
5s, 1909
69, gold, long
99 101
119
Fltchbnrg,Ma88.— 6s.'91,W.L..JAJI 111
Savannah funded 58. consols
112
8omer\nlle, Mass.— 5s, 1895..AAOI llOis IHi*
Galveston, Tex.— 88,1893-1909.MAS 103
105
119
AAOI,
1161s
1905
1920
JAD
5s,
OS,
95
61s Hartford, Ct.— City 6s, var. dates.. 105
133
Springfield, Mass.— 68, 1905. .AAOI 131
115
142
AAOI
140
loan
water
Capitol, untax. Gs
78,1903,
121 124
60
Hartford Town 4iss, untax
Toledo, O.— 7-308, RR., 1900. M A N
105
I 102
Var.l
Mass.70
Gs,
1889...
88,1893-94
HaverhiU,
AAOI 106 107
74
Hoboken, N. J.— 58, long
HO 112 Washington, D.C.—Set Dlst. of Col.
120
yilmlngton, N.C.—6s
68, long
115
117
78, long
122 124
8s, gold, con. on
116i«
140
Houston, Tex.— 108
Worcester, Mass.—6s, 1892... AAOI 114>a
35
40
AAO 118 120
116
68.1905
69, funded
35
40
1061*
107
AAO
lndlanapolis,Ind.— 7-30s,'93-9, JAJt 110
4s, 1905
BONDS.
Jersey City— 6s, water, long, 1895.. 106
108
led
fotitolid'
companies
1899-1902
{Bonds of
78, water,
JAJ 117 119
be found under the eontol'd name.)
Var. 109
112
78, Improvement, 1891-'94
114
11
Ahi. Qt. Soutliern- 1st mort., 1908}; 112
JAJ 111 113
78, Bergen, long
7s, '88...JAJ)1071«
50
Hurt.sou ''ouury 5s, 1905
M VS 111 112 Alb'y A Susq.-lst M.,
1906.guar..AAO
130
i'33>i
79,
mort.,
Consol.
50
Hudson County, 68, 1903
JAJ 122
Consol. mort., 69,1906. guar. AA0,12l>«
61 ii
Hudson County 7s, 1891
JjcU 113
113
73-108.
lU9i«
.JAJ
M.,
Oen.
Val.—
llleKb.
Bayonue City, 7s, long
JA,r 112
AAO 112
Ea9t. exten. M., 78, 1910
Lawrence, Ma.S8.—6s, 1894. ..AA Ol 119 no's
AAO ....
Income. 78. end., 1894
68, 1900
AAO lr.:7iB 129
Purchaser also pays aoorued Interest, t In London. } Part being redeemed. V Coupons on alooa '60 ^.*
i
117's
--••••
115
117
water reg.Aep.,'93-'98...AAO.|125
Ill
5.1, Refunded, 1910
108
1906
do
110% lllie 4s,
115
Var.l|ll4
1895.
105'8 107
Mnn.,
Me.—
PSrtland,
69,
MA3 il24is 125
MANI 112
6s, railroad aid, 1907
I2I9
113
'93,
1
BR.
J
AJ
H.—
iil32's
Portsmouth, N.
68,
li
JAJt 100 101
Poughkeepaie. N. Y.— 7s, water
1
93 >9
138
118
109
78,
1
II9I3
US
Var'syrs.
new
Plttsbnrg, Pa.— 49, coup., 1913.JAJ..1103
JAJ. Ill
58, reg. and coup., 1913
Var. 116
68, gold, rcg
.
9
FAA
lie's
103 "s
107 14
103 «;
107 1«
i
Fenna.— 5-<, new, reg., '92-1902.FAA 1181s
48, teg.,
48, reg.,
look's
Cook Co. 7s, 1892
Cook Co. 5s, 1899
Cook Co. 41SS, 1900
West Chicago 58, 1S90 .
1081a
Lincoln Park 7a. 1895..
115
West Piirk 7s. 1890....
134
South Park 6s, 1899....
Cincinnati, 0.-6s, 1897
10«
122
126
new,reg.,due 1895 Aover.JAJ 134
.
135
135
10
10
22
22
9
AO
AAO
RR.AAO
AAO
AJ
AAO
J A J
3-659,1902
68,
48,
I
TI
68,
107
1
103
JAJ
AAO
AAO
Wo.Carollna—68, old, 1886-'98..JAJ »1
170
6s, N C. RR., 1883-5
JAJ 165
68
41S8,
1900
103 n
1S3I«
114
111
101>t
105
MAN 104
iim lllH
A J 110 113
A J 125
FAAI 102 1*02 <
68,1890-1900
Lynchburg, Va.—6a
117
108% 109
117
118
114
116
130 131
142 144
150 152
140 141
1.^0
152
110 111
103 104
Var.t 115
Var.t 131
MAS! 116
A
FAAlJOO
Bid.
101
Q-J iim
68, oonsol., 1890
..^.. Q—
Q-,: 111
68, Bait. A O. loan, 1800.
10
Q-M Ill's
6s, Park, 1890
129
.MA?
N
68, bounty, 1893
do exempt, 1803 ... M A 8 130
6s,
3
BBOOmK*.
Long Island City, N.Y— W»ter,78,'95
.
18
18
7
CiTT
106
105
101
101
100
100
10l\ 102
106
115
Baltlmore-68,Pltt8.AO.BH..'86JAJ 102
12
Ask.
"oou^t
the— Qnotatlona.
eonftr alfcTor by Klving wotlee of unr error dlnooyeriBd In
CNITKD STATES BONDS.
mvle pirahira.
nold: ''K'd." for gii»rantee:l; ''eml.." fur eolaried;
fuml; "1. if.," for Uuil Rrnnt.
from otlior cities, to Into mall dateii.
I
1
I
t
RAILKOAD
mm
1
MF
MFJ
—
.
THE CHRONICLR
298
[Vol.
xur.
GENERAL QUOTATIONS OP STOCKS AND BONDS— Coxtixued.
For BxplauatIon» S«e Notes
Bid.
Sailsoad Bonds.
A&O
IiMidgrant,7B,K.,1902
J&5
Blnldng fund, 6b, 1911
J&J&A&O
.
1909
Ouaranteed 7b,
A&O
S»,1909 (iBtmort.)
M&8
58, plain bonds, 1920
12619
IIOI4
121
A&O
1920
Florence^ El Dor'do, l8t.78.A&0
K.O.Topeka&W., Ist M.,7s,g.J&J
income 78 A &0
do
Bid.
BOITDS.
F&A
&S.W.— M.
Railroad Bonds.
Ask.
95% 96
Wlcliita&8.W.,l8t,78,g.;gua..l902
Atlanta cfe Cliarlotte Air E.— lst,78
--•
Income. 6s
1910. J&J
I1219
78, guar., L.8.& M.S., 1901. .A&O
I2OI4
Cln. Washington & Bait
1122
124
1st M., guar, 4ia9-69, 1931. MAN
I22I2
2d mort., 5h. 1931
J&J
Bds. Kan. 0. llne,6s,g.,1903.M&N
loo's
3d
mort., gold. 38-18, 1931. .F&A
l9t.,8.f.,68,1912
Mi99.Riv.Bridge,
121
Loul8'a& Mo.B.,l8t,7s,1900F&A
2d, 79, 1900 M&N
do
Income
Scioto
119
119
8t.L.Jacks'v.& C, lst,78,'94.A&0
do Ist guar.(564),78,'94A&0
J&J
—
do Land incomes, 1901.
A&O
Baltimore* Ohio -New 48
F&A
Ssgold, 1925
J&D
Sterling, 5s, 1927
M&8
Bterllng, 68, 1895
Aek.
.iieig
1191s!
1112
1931
Hock. V,
59,
&
l8t, 7b....
106
M&N
MAN
Bait. Short L., Ist, 7s, 1900.. J&J
Clev. Col. C. A I.— Ist, 79, '99.
Consol. mort., 78, 1914
J AD
Cons. S. F., 78. 1914
JAJ
Gen. oon. 6.9, 1934
JAJ
M.,
BeUef. A Ind.
78, 1899... JAJ
Clev. A Pitts.—4thM.,68,1892.J&J
Consol. 8. F., 7s, 190O
107
7414
421s
741s
42T9
22
23
1271a
126
104'>B 104''9
110
130
M&N
1311a
Clev.&M. Val.— l8t, 7s. g., '93. F&A
Columbia & Gr.— Ist, 68, 1916. J&J
2d mort., 6s, 1926
A&O
Col. Hock. Val. & ToL— Consol. 59.
M&N
.
Bid.
Cin.&Sp.— 79,C.C.C.&I.,1901.A&O 114
do 2dM. (360), 78, '98.. J&J
128»s
do 2dguar.(188)78,'98.J&J
1271s
65
10433 Chic.& Atlantic— 1st, 6s,1920.M&N
F&A
115
2d, ds, 1923
125
Chic. B. & (J.— Cons., 78, 1903.J&J 136
J&D tl04 105
1071*
Bonds, 58, 1895
A&O log's
86
58.1901
1071* 108 14
2278
5b, debenture, 1913
A&O 112
5b, 1919, Iowa Div
A&O 102 >»
do
4s, 1919,
F&A 100 lOOis
4s, Denver Div., 1922
100
M&S
48, plain bonds, 1921
119
Bur. & Mo. R., I'd M., 79.'93.A&0 fllS
.
68,
of First Page of ttuotatlona.
&
102
115
129
114
N.Mex.&3o.Pao.,let,78,1909 A&O
Pueblo & Ark. v., Ist, 78, g.,1903.
Bonora, let, 78. 1910, guar.. J&J
Inooraes, 1910
Central Division, old, 68
new Bs
do
Head
5-68, 1911.
Cheshire-68, 1896-98 ....... ..J&.T
Alton— let M., 78, '93. .J&J
Chic.
Sterling mort., 69, g., 1903.. J&J
lO'Jis
4i«s,
AflanUoA Pac.-l8t
RAILROAD
Ask.
128'4! Che8.0.
A.tctt.Too.&8.Fe— l8t,78,g:.,'99.J*J
at
AAO
Col. AHock.V.- l8tM.,78,'97.
do
2dM., 79, 1892. JAJ
Toledo Ist mort. bonds .
C!ol.
mil
—
A
do
2d mort
Conv. 8s.'94 .ser.J&J
do
122
OhloAW.Va.,lst,s.f.,79,1910M&N
Bur.&Mo.(Neb.),l8t.68,1918.J&J (121
Col. Springf .&
l9t, 7s,1901.MA8
do Cons, 69, non-cx..J&J 11081s 109
961a Col. A Xcuia— iBt M.. 78,1890.M&,S
do 48, (Neb.), 1910... J&J 196
;136
Conn. & Passump.— M., 78, '93. A&O
do Neb.RR,lst,78,'96A&0 1115 116
Massawippl, g., 6s. gold, '89 J&J
do Oin.& 8.\V.,lst,83,J&D 1123 124
118
118
ni. Grand Tr.. 1st, 88. '90. ..A&O II314 113% Conu. West.— l9t M., 79, 1900-J&J
Connecting (Phila.)— Ist, 69 ..M&S
121
Dixon Peo.&H.,l8t,89,lM89.J&.l tllO% 111
Consol.BR.of Vt., Ist, 58, 1913.J&J
1161s
Ott. Osw. & Fox R., 88, 1900. J&J 112918 130
Cuinb. A Penn.— IstCs.'iil... M&8
Quincy& Wars' w, Ist.Ss, '90.J&J 11131s 111
107
127
2d mort. 69, 1S88, M. A N
118
Atoh'n & Neb.— lst,7s,1007 M&S 1126
10358 lOS'e Cumberl.Val.— l8tM.,8s.l904.A&O
102
hie. Burl. & Nor.-58, 1926
23
25
D.ay ton & Mich.— Cousol. 5s
J&J
I119»s 120
Chic. & Can. So.— Ist, 78, 1902 A&C
3d mort., 7s, 1888, now 2d..\&0
Ill'Jia 120
1041s 105
Chic. Kan. City & Wesi'n.— Ist. 59
120
104
Dayt.& (Vest.- lstM.,69, 1905.J&J
Chic. & East 111.— let mort. Os, 1907
Host. Ccnc.&Mon.—8.F.,6s,'89.J&J il03
1st mort., 78, 1905
J&J
Income bonds, 1907
A&O (11134 114
Consol. mort., 7s, 1893
llUHi Delaware— Mort. Os. guar., "95 J&J
3t>is 37
1st, con., 6«. gold, 1934 .... A&O 116
Bost. Hart.A E.— 1st, 78, 1900. J&J
111
117
125
126
1902. .MAS
1910. M&N
do
Parkersburg Br., 68, 1919. ..A&O
Bait. & Pot'c— Ist, 6s, K., 1911. J&J
I8t, tunnel, 6s, g., g'd, 1911. A&O
Bell's Gap— Ist, 78, 1893 ......J&J
F&A
let, 68, 1905
A&O
Consol. 68, 1913
BelvldereDel.— lit,68,o.,1902.J&Ii
F&A
3d mort .68, 1887
Boston & Albany—78, 1892. ..F&A
J&J
68,1895
Bterllng mort., 68,
g.,
6s, g.,
I
C—
I
,
Chic. & Gr. Trunk— Ist mort.. 1900
fll71i 118
Chic.& Mich. L.Sh.— 1st, 88,'89.M&S
12014
1119^
Chic. Mil. & St. Paid112
till
P. du C. Div., Ist, 88, 1898. F4A
1121% 123
P. D., 2d M., 7 3-108, 1898.. F&A
123i« 121
J&J
Ist, $, gold, 78, 1902
120
1119%
J&J
La. C, 1st M., 78,1893
10
I. &M., Ist M., 78,1897
J&J
10
I'a. & Dak.. Ist M., 7s, 1899. J&J
Hast. &Dak., Ist M.,78, 1910.J&J
101 Is
Chic. & Mil., 1st M.,7s, 1903.J&J
70
1st mort., consol.. 78, 1905.. J&J
103»«
1st M., L & D. Ext, 79, 1908J&J
136>s 140
l9t M.,6s, S'thwest Div.l909J&J
44
Ist M., 5s. La C. & Dav. 1919J&J
Ball.N.Y.& Ph.— l8t,68,g.,1921.J&J
J&J
Ist mort., 78, guar
A&O
Boston &LoweU— 7s, '92
J&J
6a, 1896
J&J
New 58, 1899
Boston & Maine—78, 1893-94. J&J
Bost. & Providence— 78, 1893. J&J
B08t.& Revere B'U— l8t,6s.'97. J&J
Bradford Bonl. & K.— l8t,68, 1932
Bradf.Elrt.& Cuba— l8t.69,1932J&J
Bklyn Bath&C.I.- l9t,68,1912.F&A
Brooklyn Elevated— Ist mortg
^
2d mortg
Buft. Brad.* P.— Gen.M.7s,'96.J&J
Bufl.N.Y.&Erie— l8t. 78, 1916.J&D
2d mortgage,
78, g.,
1908
. .
.
Q—
M&S
Gen. M., 6a, 1924
Baff.Pitt8b.&Weet.-69,1921A&0
1
42
A&O 102
38
&
Warron& Fr'kln,l8t,78,'96F&A 108
BQfl.& Southwest.—6s, 1908. J.&J
Bnr. C. R.& N.— l8t,58,new,'06.J&D
Cone.let &col. tr., 58,1934. .A&O 110
Minn. & St. L., Is'. 78, guar. J&D 110
Pitts. Titus v.&B.— 78,1 896F&A
Oil Creek, l9t M., 68, 1912.
Union Titusv., Ist, 78,'90.J&J
C.
46
45'
UOis
do
l8t, 58, 1921.... A&O 1071a ids
Pao.— Ist M., 7s, g.,'87. J&J 100
90
2d M., 6b, g.,end C. Pac, '89,J&J
3d M. (guar. C. P.), 6s, 1905. J&.I
do
do
3s, 1905. J&J
CalUomla So.— 1st, 6s, 1922. ..J&J
37*a
Oaliror.
Ounden & Atl.— 1st, 7s, g.,'93..J&J
68,
1904
A&O
Cons. 68, 1911
J&J
Oam.& Bur. Co.— 1st M., 68,'97.F&A
Canada So.— 1st M.,guar.,1908,J&J
2d mort., 5s, 1913
M&S
Carolina Cent.— lst,68,K.,1920. J&J
2d, inc., 6s, 1915
A&O
Catawlssa- Mort., 78, 1900.. .F&A
Cedar F. &Min.— 1st, 78, 1907. J&J
Cedar H.& Mo.— Ist, 78, '91... F&A
l«t mort., 78, 1916
M&N
2d mort.. 7h, 1909, quar
J&D
Cent. Br. U. Pac., lst8,6s,'95.M&N
Fund, coupon 7s, 1895
MAN
Atch.& Pike's P'k, Ist. 68,g.M&K
Atch.0ol.&I',ic.,let,fi8,1905Q.—
Atch.J.Co.&\V.,l9t,G8,1905.Q,—
Cent, of Ga.— Ist. cons., 7s, '93. J&J
Certifleates ot iuilebtedaess. 68..
Cent. Iowa— New 1st., 78 , '99. J&J
Inc. bonds," debt certs.", 78,A&0
Eastern Dlv., Ist, 09. 1912. .AAO
His. Dlv., Ist, 68, 1912
Cent'l of N. J.— 1st M,7h,1890,F&a
78, conv, 1902, assented
A&O
M&N
C«nsol.M.,78,1899,asecnted.Q—
Ac^justment bouds, 7s, 1903M&N
Conv. deben. 68, 1908
M&N
Income bonds, 1008
M&N
Am. Dk.& Imp. Co.. 5s,1921 .J&J
lieh.& WUke8b.Coal,inc.,'88,M&N
Consol., 78,gold, 1900,a8s'd.Q-M
Cent. Ohio— Ist M.. 68, 1890.. M&S
Osnt. Pao.— Ist, 68,gold,'95-!)8. J&J
B.Joaquln,l8tM.,68,g.l900.A&0
Cal. & Oregon, let, 68, g., '88.J&.)
do
series B, 68, 1892
Cal.AOr. C.P.bonds,C8,g.,'92 J&J
Land grant M., Os, g., 1890. A&O
We8t. Pacif., Ist, 6s, g., '99.. J&J
Oharl'te Col.&A.— Con8.,78,'95.J&J
2d mort.. 7s, 1910
J&J
Cheraw & Darl.— Ist M.,88,'88.A&0
2d mort., 78
Ohes. & Ohio— Pur. money fd.,1898
Series A, 1908
A&O
68, gold, 8er.B,lnt.def.
e«,currency, int. def.,
-
6«.1»11
'
1908. M&N
1918. .J&J
A&O.
1
Del. A
134
Den.& Rio G.— 1st, 78, g..l900.M&N
Ist consol. mort., 78, 1910
J&J
80
UlOis
112
12S% 129
I12i>
122
till
112
103
1(4
105
Mort. 78.
125i« 1271s
1311a
123
125
116
101
68
Dubuque
Div., l9t, 68,
Wis. Val. Dlv., 1st, 68,
118
US'* 114
Ill's
82 14
80
96
86
90
1123) 115
115
116
nils
104
104
108
106
do
debent.,
118
141
136
A&O
A&O
5s,1933.MAN
M&N
25-yrs. deb. bi>, 1909
Escan.&L.Sup., Ist, 6s, 1901.J&J
Des M.&MiQn's,l9t.7s,1907.F&A
Iowa Mid., 1st M., 8s, 1900. A&O
Peninsula, 1st, couv.,7s,'98.M&S
Chic. & Mil., 1st M., 78, '98 .J&J
Mil. & Mad., Ist, 6s, 1905.. M.&S.
Madison Exr., Ist, 7e, 1911. A&O
127
135
130
125
114
132
Menominee Ext.,l9t,7R,191 1 J&D 132
Northwest.Un., l8t.7o, 191 7 .M&S 133
Wlnona&St.Pet.— lst,79.'87 J&J 101
do
2d M., 7s, 1907. M&N 130
IO7I9I
1917, reg
f.J&j
Exten. & col. 53. 19."4
JAJ
Chic.&S.W..l8t,7s,gnar.,'99.M&N
Chic. & St.Louis- l8t68, 1913,MAS
Chicago St. L. & Pitt.—
131
1st, 5s,
Chic.
Des M.
129
& Ft. D.— Ist,
do
69,
1905. JAJ
incomes
1st mort., 68, on extension
Det.AB.C.l8t,8B,en.M.C.1902MAN
Det.G.HavenAMll.— E(iuip.68,1918
120
Con. M., 5% till '84, after6«..1918
Det. L. A North.— 1st, 7s, 1907. J&J
Det. Mack.& M.— Ist. 68,1921. AAO
1'20
Latd grant 3is», S. A., 1911
& Dak.— Ist M., 6s, 1919. J&J
123
Dub.
119
Income,
Ellzab.Lex.& Big 8.- 6a. 1902.M&8
EIiniriiA W'mspt— 1st 6s,1910.J&J
A&O
58, perpetual
Erie & Pittsb.- 2d, now Ist
J&J
Cons, mort,, 78, 1898
J&J
Equipment. 7s, 1900
A&O
Evausv. & Crawt.— Ist, 78, '87. JAJ
104%
EvauRV.T.H.&Chi.- Ist,
Fitchbure— 59, 1899
132
I.,
104
A&O U25
A&O 1115
1st M., 7s,
1903.J&J 1113
40
1900.....
26
.
Consol., gold, 69, 1912..
Cln. I. St. L. & Chic— Con.'eV, "1920
Chn.& Indiana, l9t M.,79,'92.J&D
M.. 7s,'87-92.J&.l
„ 2d
T
A,^"
Indianapolis
C. &L., 7s of '97
Ind'apolis& (31n., lst,79,'88.A&6
Cln. Laf.&Ch.-l9t,79,g.,igoi.M&S
Cln. Northern.- Ist. 69, gold, 1920.
Cin.Rich. &Chio.— l9t, 78, '95 JAJ
C^B. Rich. & P. W.-l9t, 78 g
J&D
Cln. Sand'ky & CI.— Gs, 1900. FAA
78, 1887 extended
CJonsol. mort.. 7b, 1890
t
MAS
.
.
."j&D
1897
78,1894
's
1
Holly W. &M;,
Ft.
95ie
.
1905
g.M&N
1900-01-02
Ist, 8s.
1901. J&J
Madison &N. W., Ist 78. g., 1905
A Denv. C— Ist, 69, 1921
sola
Frem'tElk'n&Mo.V.—6s,1933A&0
100
121
Ch.St.P.&Minn. lst,G8,1918M&N 128
North Wise, 1st 69, 1930
J&J 126
St. Paul&S.City, l8t 68,1919.A&0 1281s
Chic. &Tomah.— 6,1...
118
Chic.& W.IiKl.-8.fd. 69, ig'ig MAN 111
General mort, 69, 1932
Q—
Cln. Ham. &Dayl.— Consol.Ss AAO tl07
68,
68,
AiO
A&O 1114 115
A&O 12014 1201a
A&O 1123 1231a
Flint & P. Marq.— M. 68,1920. A&O llSia
5s,
69,
Ft. Worth
Chlo. A. L., 1886-'90
Chic.St.P.Min.&Om.— Con. Gs.'igSO
do
„
Cln. H. &
Evai)s.& T.H.,lst con.,08,1921.J&J
Mt. Vernon— 1st, 6s
A&O
I
&
. . .
1931
M&N
108
East., 1st, 78, 93-'95
Consol. mort., 78, 1905.
6s,
14238
137
1071a
A&O
1932
& Gt.
7s,
110
121
112 114
532% 84
Price nominal; ao lat« transaotlons.
& St. P., 59, 1909. .M&S
North. Ills., Ist, 5s. 1910.. M&S
Chic.R.I.& Pac— 6s,1917,coup JitJ
Ott. C. F.
A Eastern- Ist, 7s, 1896 J&J
2dmort.,
112
104
102
39i«
Cs, 1911.
Divisional, 58, 1930
J&J
E. Tenn. & Ga., Ist, 6b,'83-86.JAJ
ISSH 1361a E.Tcnn.A Va.,end.,68, 1886.
120
Ala. Cent., 1st, Cs, 1918
J&J
llOis
Eastei-n, Ma89.— 68, g.,1906. .MAS
108
108 Is
Sterling debs., 69, g., 1906.. MAS
103
107
Eliz. City A Nor.—S. P. d6b.,6s.AAO
114
1st mort., 68, 1920
M&S
J&D
do
do
reg
Sinking fund, 6s, 1929
5s,1929
do
Cln.
111
1151a 116
I02i«l
A&O
M&8
M&N
1913
Denv.S.P.&Pac— l8t,7s,1905
Dub.&8. City— l8t.2dDiv..'94.J.ifcJ
Dunk.A.V.&P.— l8t,7s,g..l900JAD
10614 East Penn.— 1 9tM., 78.1888.. MAS
106
E.Tenn.Va. A Ga.— Ist, 7s,1900 JAJ
1920.J&J 118% 119
1st mort., consol., 58, 1930 ..J&J
1920. J&J 106 108
do
ex coup's 9 to 12...
Fargo & South.- 68,ase.lH24.J&J
Cniic.&N.W.— Consol., 78,1915.Q—
Consol., gold, 78, cp., 1902.. J&D
CSn.
II314 114
82
5s,
Deuv.&R. G.W.-l9t,
do
Col.&Ind. C.,l8tM.,7s,1904.J&J 1120
do
2d M.79,1904.M&N 107
Un.& Logan8p.,l8t,7s, 1903.A&O 1114
68h
lltiis
W.—Conv.78,1892 J&D
1907
M&S
General mort.,
124
I26I4
lz7
131
132
1301a
1181s
105
80. Minn. Ist 6s, 1910
J&J llSis
(Jhic. & Pac. Div. 63, 1910 .. .J&J 121
do West. Dlv., 58,1921. J&J 1061s
Mineral Ft. Div., 5s, 1910. ..J&J 1051s
Chic. & L. Sup. Div., 58, 1921J&J 105
Wis. &Minn. Div., 5s, 192 1
J&J 106 1«
TerminlaSs, 1914
J&J 105
6b,
10458 105
113
98
5110
Bound B'k— Ist, 79,1905F&A
Del.Lack.A
.
107 Hi 107 '8
8»ia t-9\
103
107
75
133
.
fO
93
109 la 111
. . .
Eap.I.F.A N.,lst,6s,1920.A&0
2d mort.,
lioia
5
1107%
1
120'a
Gal.Har.&S..\.— l9t,69,g.,1910FAA
2d mort..
7s, 1905
Ist, 58,
West. Dlv.
110
122
130
129 li
120
115
112.
J&D
1931. ...M&N
do
2d, 6s, 1931. ..J&J
Gal.Hous.A Hen.— lst,5s
A&O 74
Georgia^78, 1883-90
J&.1
J&J
69, IS89
Georgia Paciflo-l9t, 6b, 1922. J&J 103
2d mort
Gr.Rap. & Ind.— 1st, l.g., g'd, 79, g. 120
Ist M.,79,
l.g.,
gold, not guar.
A&O
102
91
Ho'st.E.&W. Tex.— l8t,7s,'98.MAN
2d, 08, 1913
J&J
85
. .
no
771s
110
49
11151a
Ex land grant, Ist 79, '99
Gr.B'yW.&St.P.- lst,68,1911.F.&A
11514
2d, incomes, 1911
114
Gulf Col. A 8. Fe— Ist, 78,1909 J&J
43
A&O
2d, 69, gold, 1923
ilan. & St. Jo.- Con. 6s, 191 1
M&S
Housatouic— Ist M.,78, 1885. F&A
108
11014
1105
1115
1104
1113
35
1112
1112
1103
1103
l'.<lia
Unstamped..
do
31
124 •'8 123
102
1191s 120'!
a.& Tex.Cen— Ist ra.,78,guar.l891 51011s
116
115
40
104
105
tios's'ioe
Paroliaaer also pays accrued IntaresU
West. Div., Ist, 78, g., 1891.. J&J 499 H
Waco & N. W., 1st, 78, g.,1903. J&J jioois
Cons, mort., 88, 1912
A&O 88
Gen. mort. 6s, 1921
AAO 56
Eunt. & Br. Top -1st, 78, '90.. A&O 112
2d naort., 7s, g., 1895
F&A 1141s
Cons, 3d M. 5s, 1895
AAO 99>s
104''s
9a\
90
99%
m. Cent.— Ist M.ChicASpr.'98J&J 120
Middle Div. reg.
)
58,
In London,
1921...
F&A
i
109
Coupon
oft.
MJJ
Marou
6,
.
MJ
»
.
THE CHRONICLE
1888.J
GEXKRALi QUOTATION'S
Q]?
299
dTOOKS AND BONDS—Co.ntinubd.
For Bxplanatloa* Sea Note* at Head of Vint Pax* of <|aotaU««a.
Bid.
Railboad Bonds.
lUlDolii 0<>iitrnl— (Coutliiiiml)—
BUTllim', 9. R. n». g; 1903.
Ask.
1112
114
M..Cg,K.,189^.AAO :117
110
111
Railroad Bonds.
Mexloan Cent.— let.
7a,
l!ill..JAJ
Bid.
Ma
Ask.
I
Baiuwao Boko*.
Bid.
to" N.Y.Bosq. A W.- (Oont IniiaiU—
JAJ 45 >a 46>al Delienlurrs )!« 1807
FAA Ml
Inoomos
10
B><i
Mldl'd of N. J.- lat.Oa.lOlO. AAO 107
83>4 83
Debenture IDs, 1890-95
N. Y. Wmid.A Rorlc 2d Ino. 1912..
A.AO
lorlp 10s. 1 889
82 >a 83
Norf'k AW.— Uen'l M.,08.ie31 MAN
JAJ
1084
Cblo.8t.AN (l.-l8t 0OD.7H, 18»7. , „
MexlcnnNat.— l8t, 09, 1912 ..AAO i*\ 25<>B
New Klrer 1st Sa, 1033
J&1> I'-iO
2d, On, 11)07
AAO 106 108
Mich. Cent.— Conaol., 7s, ItfOSKAN 129 •<
MAN
Impr. A Exton., 6s. 1934.. ..FAA
90
Ten. Iliii, 7«. 1897
lll>4 i'li'ii
Consol. 158, 1902
JAD 117
ArUuatmont 7s, 1924
Q.— M. 85%
100
llll>« lll>t
l8t M. on Air Line, 89, 181
Norf'k A Petersb., 2d, 8a, 'B3. JAJ 113
iiiort.. Sb
104
(110 110>s
Air Line, Ist M., 8a, guar,
.t.N.,l«t,8».'80JAJ t!02
Soutli Slde,Va.,l si, 8s,'84.'00.JAJ
N..
1100 101
Gd. Rlv. v., I8t8s,guar.,'
:;il.M..8»,'(»0,ct(s.AA() 115
do
2d M., ext.,1899.JAJ (107
do
115
6s.
1900
il.>lit....AA()
do
2(liiiort.
3d M.. 68,'46-'90.JAJ (107
do
109 >4
58, coup., 1931
Va.A Tenn., 4tb M.,8s, 1000.JAJ (126
Ind. Bl. A W -Int. i>f.,7», IDUOJAJ I 20 '9
110
5a, reK., 1931
AAO 10il>« 101
do
extended 5a,1900.JAJ, 106
Igtiuort.. 5-«. 11100
ll0B>sll0>s North Carolina— M.. 8a, 1888. MAN 107 110
Kalamazoo A8.H..lBt,88,
AAO 80
2cl luort.. f>-«, 1909
4t<>g
J.L.&8BK.NorthExt.,8s,
North
11»21
Penn.—
2d,78, 1890.. ..MAN 126>s
Inooino,
1118
113>s
do
Con8.l8tM.,8a,'9:
<ien. mort., 7a, 1003
Eiwt.Div.Ut iiiort. 68,1921 -JAD 103 >4 105
jAj 1311s
lU&>a
103
t
do
69,1891
New
7s,
1906.
AAO
loan,
AHp.—
Ist,
.MAS
Oa,
reg., 1905
MAS
Ind. Deo.
JoUet A N.Iud..lst,78 (guar.ILO.) 120
JAJ
Nonhea8t.,8.C.— lat M.,8a,'90,MA8 132
2(1 limit.. ,'>«. 1911
30
40 >s
29
Mloh. A Ohio-lat, Os, 1923 ..MAN I
2d mort.. 88, 1899
MAS 132
2<1. liudiiK', 1900. rr Co. cort.JAJ
MIdd. Un. A Wat. Oap-lst mort
Northern, Cal.— lat, 6s, 1007.. JAJ 110
New 1st mort. Cs, funrteil
1112
.'9.
mort.
nuar.
109
2d
N.Y.
Northern
St.I,.-lrtt,79.1!>19.Viir.
8.
Cent.—
AW...
41* per cent..jAj 108
Ind'iu'llKA
Mil.L.8.A W.— Ist M..0s,1921.MAN 115>s
8d mort., 08,1900
lud'apoUn.tVln.— lat.7s.l'.)0S.KAA 1112
AAO 122 126
100
117
122
Mich.
Dlr.,
1!I00.M.V:,\
Ist,
Con.
mort.,
68, 1924
JAJ
6s, g., conp., 1900.JAJ
1221a
2d mort.. (1h, r.. Kimr.,
Ashland Dir., Ut 68, 1925. .MAS 100
Os.g., reg., 1900
AAO 118
IntAlit N rt)i.-lst,U«,l'J19..MAN 113 119
92
94>s'
Ist, IncomcB
109%
MAS 91
Mort. bds., 5s, 1926, serlesA JAJ 109
OoH
105
103 109
St. P. E. A Or. TVlt, 1 at, guar., 68. 100
do
serlesB
lonlii
UtSH,'89. ..JAJ tlll»« 112>s
106
104
122
Mil.
A
No.—
1st,
Con. mort, atg. 68, g., 1904... JAJ
-l8t,7'8.1909MA8
Iowa
68, 1910..., JAD
Ist, 68, 1884 1913
Northern, N.J.— lat M.,es,'88.JAJ (100 103
JAD 101 ^j
r« Kiili.- .V .^loiix ('.— l8t,78,'99AAO 11130 131
90
Mlnn'p. ASt. L.— latM., 1927.JAD 130
North. Pac, P. D'ODlv.—6a,MA8. (
JeffurKnn— llawl'y Br. 78, '87. .JAJ
104
Ist M., Iowa CltyA W., 1909.JAD 120
Mo. Div. 69, 1910
iHt iiiott., 78. 1889
JAJ 103 103
MAN
lid
2d mort., 7s, 1891
Jeft. -Mail. A Ind.— l8t,78,1006.AAO tllii
JAJ 100
Gen'l 1. g., 1st, Oa, 1921
JAJ 114>s 114%
8outbwest.Ext.,l8t,79,1910.JAD
JAJ lid 118
Gen'l 1. g., lat, 68, reg
2d mort.. 79, 1910
JAJ
9lH 96%
Pttcino Kxt., l9t, Os, 1921.. AAO 112
Gen. land gr.,2d, 68, 193.3... AAO
Janutl.)uiriill.)— I»t,4>a8 1907 JAJ 110
2d mort.. «9, 1900
A&O 116 lO&'Jte Imp. A Equip. 6s, 1922
JAJ 99% 100 North. Pi.c.Tcr. Co. -l8t,6a.'33.JAJ ^,,„.lOl^s
97
lOS^s
>a
Minn. A N. W.— Ist, 58. 1934.. JAJ
Kan. f. Clinfn A SiiriiiKlUild-U.Sa
Norw'hAWorc'r-latM..6.s.'97.JA.Ii;llg* 120
'"
Miss. A Tenn.— Ist M., Ss.sories "A" 124
K.C.I'-t.StottAO.— l9t,7R,190SJAD 1119% 120
OKd'n9b'BAL.Ch.— lstM.68,'97,JAJ 105 lOS
103
129
100
1907(tl2b%
Pleua. HIUADeSoto, l8t,7s.
88, serie8"B"
JAJ
Sinkins fund. 89, 1890
MAS (109 113
114%
103
KansHs C. l>awr. A So. 1st, Os. liiOi) HI * 1141s Mo.K. AT.-Oon8.a8S..1904-6.FAA
Consol. ,69, 1920
AAO 100
is
05
04
1120
1201s
36
36ia
>s
K.0.8t.Jos.AC.B.-M. 78,1907. JAJ
Consoiiddted 6s, 1920
JAD
Income, 39 A O9 1020. . i . .
11
K.(".8i«r..kMoiu.— l8t,6B,1923.MAN IIOI4 110%
Consolidated 58, 1920
JAD
Ohio Cen.—Rlv. Dlv., Ist, 0e..l022
105
1%
Kentucky Central— Os, 1911.. .JAJ
Ist, 6s. g., 1899. (U. P. 3. Br.jJAJ
do
Income, 68, 1922
08
Btamiiid 48, 1911
JAJ «7
BooneT'eB'ge,7s,guar,1906.MAN
OhloA Miss.— Cons. 8.F.78,'98.JAJ 122>9
KeokukADes M.— Ist.Ss.Riiar. A AO 112
Han. A C. Mo., Ist 78, g.,'90.MAN 114ig
Cone, mort., 78, '98
JAJ 1221*
80
Knoir. A Ohio Ist. 68. 1925. .JAJ
122>a
Mo.Pac— l9tmort.,69,gld,'88, FAA 105 106
2d mort., 78, 1911
AAO
113
92
H2>s
UErie A Wesfu— l8l,68,1919.FAA
91>t
Consol. 69, 1920
MAN II3I4
lat gen ,59, 1932
JAD 01
24
97
Income, 7s, 1899
2d mort., 78, 1891
Ist mort.,Springf.Dir., 1905 MAN
JAJ
85
SO
Sandusky Dlv., Os, 1919 ....FAA
Car. B., Ist mort., 6s, g. '93..AAO
OhioSoutheru— lBt6a, 1921...JAD 105 >t
20
123 125
30 "39'i
do
Income, 1920.
3d mortgage, 7s, 1906
MAN
2d income, Os, 1921
lAt. Bl.A Mu,n.,lst, 68,1919. MAN i'y'i' 105
FAA tl22 123
Income, 78,1892
MAS
Old Colony— Oa, 1897
40
O518
39
Income, 78, 1899.
do
Mobile A
1st pref. debouturea.
JAD (110 120
68, 1895
»8
38
37
Lake Shore A Mich. 80.—
MAS tl22'a 123
2d pref. debentures
78, 1894
3414
Caeve. A Tol.,2d M.,79,1880.AAO 103
4iaa, 1897
JAD 112 113
3d pref. debentures
30
01. P. A Ash., new 79, 1892.. AAO 120
B08t.C.AFltchb ,l8t,7s,'89-90JAJ 1112 113
4th pref. debentures
130
Bnfl. A E., new bda, SI.,78,'98.A AO i:;6
B. C. F. A N. B., 58, 1910 ..JAJ 113% 114i«
New mortgage, Os, 1927
JAD 115
Bnff. A State L., 78, 1886.... JAJ
128>a
N. Bedford RB., 78, 1894'. .JAJ (123
Collateral trust Os, 1892 ....JAJ
103
Det.Mon.A Tol.,l9t,78,1906.FAA
l9t extension 69, 1927
Oreg. A Cal.— 1st 69, 1921
JAJ J102 104
Q-J
112
Kalamazoo Al.AOr.R.,l9t,Sa.JAJ
Morg'n'sLa.ATex.,lst,6s,1920jAJ 109^ 109 Sb
2a mort., 78
98 19 98%
Kal. A Sdioolcraft, Ist, 88,'87.J.tJ
Ist mort., 79, 1918
OregonATranscont.- 6s,1922MAN
AAO
143
Kal.A Wli. Pigeon, 1st. 78,'90..J.fcJ
Osw.ARome— l9tM.,7a, 1915.MAN (124 113"
Morris A Essex— Ist, 7e, 1914 MAN
1111
115>s
Dividend bonds, 78, 1399... AAO 126
2d mort, 78, 1891
FAA
Panama—St«rl'g M., 79. g. '97. AAO 97«8
L.8. A M. 8., cons., cp., l8t,78. J AJ 1301s 131 3e
Bonds, 78, 1900
Sinking fund 9Ub., 69, 1910. MAN
JAJ 123 125
131
129
do con8.,reg.,l8t,7s,1900.Q— ISO's 1311s
Subsidy bond9, Eng. issue, 69... ;105 iba"
General mort., 79, 1901
AAO
40
do eons., op.,2d,78, 1903..JAD 123% 124
Consol. mort., 7a, 1915
JAD 134 135 ParisADec't'r— l8tM.,7s,g.,'92.JAJ
do oon8.,reg.,2d, 78,1903. JAD 123 >a
Nashua A Low.-6b, g., 1893. FAA 111 Ill's Fennsvlvanla RR.—
llOis 111
Uaboning Coal RR. Ist, 5a. .JAJ
Gen. M.,Os,'cp., 1910
.Q— 134
58, 1900
Lawrence— 1st mort., 78,1895.FAA
Nashv.Ch.A St. L.— 1st, 7a,1913 JAJ 127 130
Gen'l mort., Oa,reg., 1910. .AAO 184
125 >a
Lelugh Val.— let,6s,coup., '98. JAD 125
Cons, mort., Oa, reg., 1905. .Q—
2d mort., 6s, 1901
JAJ
1^6
mort.,
1st
68, reg., 1898
JAD
do
Os. coup.. 1905.. JAD 125
1st, Tenn. A Pao., 68, 1917... JAJ
2d mort., 78, 1910
MAS 1391s
Collateral trust, 4»s8, 1913. .JAD
Nashv.A Decatur— l8t,7s,1900.JAJ
Gen. M,, 8. f., 68, g., 1923.... JAD 1351s
JAD 112
Conaol. 5s, 1919
Natchez Jack. A Col.— lat, 7s, 1910
110<a
L. Miami— Renewal 58,1912.. MAN 108
Penn. Co., 69, reg., 1907.. ..Q.—
Newark A N. Y.— 1st, 78, 1887.JAJ 104
117
100
117
>s
L.R0CKA Ft.S.— l9t,l.gr.,7s •95.JAJ
do
Ist M.,4138, 1921. JAJ 106
New'kS'setAS.— 1st. 7s, g.,'89.MAN
Long Island— 1st M.. 7s, 1898.MAN 125 130
Penn.A N.Y.Can.- lat. 78, '96. JAD 120
N'burghAN.Y.— Ist M. 7s,1888.JAJ 100
96
let consul. 5s, 1931
JAD 132^
Q— IUI4
Ist mort., 7s, 1906
New Jersey A N. Y.— Ist mort
fouth Side, l9t, 7s, 1887
99% 100 Pensaeola A Atlantlo-l8t m..FAA
MAS tlOl
N. J. Southern- 1st M.,new 69. JAJ
•112
114
Newtown A Fl., Ist, 7s, 1891
Per. Deo. A Ev.— Ist, 68, 1920.JAJ 107% 108<*
N.Y.A Can.-£M..6s,g..l904.MAN
45
ULCltyA Flushing— 1st, 6S.1911
Incomes, 1920
N.Y.Cen.AH.-Debt oert. ex.DsMAN 10759
116
137
1371s
Lou'v.C.A Lex.— lst,78,'97 JAJ(ex) 115
Evansville DlT.,l9t 69,1920.MAS 105>s 106
JAJ
Mort., 78, coup., 1903
43
2d mort., 78, 1907
136%
1920....
income,
AAO 116 117
1903
JAJ
do
reg.,
Mort., 78,
110
Loulsv. A N.- Cou8.1st,7s,'08.AAO 124
109>a Peo. A Pekln Un.— l8t,68,1921.Q-F
MAS 109 120
Debenture 09, 1904
CeoUlan Br., 78, 1907
MAS 104
Perkiomen— 1st M., 08,1887.. AAO 97
Sterling mort., 6s, g., 1903. ..JAJ [124
ibo"
Louisville loan, Os, '86-'87..AAO
1051a
Con.s. mort.. 68, 1913, sterling ... {90
New York Central— Os, 1887.JAD U5
9713
Leb.-Kuoxv. 68, 1931
M.kS
Petersburg -Class A, 1926 ....JAJ
N.Y.Chlc.A St.L.-l8t,6s,192l.JAD
Louis. Cin. A Lex., 6s, 1931. MAN
AAO
MAS 70
Class B, 1926
2d 68,1923
122
Mem.AO.,sll., M.,7s, ^'.,1901JAD il2l
61%
Phila. A Erie— 2d M., 7s. 188S. JAJ 1Q7%
N.Y.CityA No.-Gen'l,68,1910MAN
M.AClark8v..8t'g.69,g.,1902 FAA "
05
114 117
Gen. M.. guar., 68, g., 1920. .JAJ (122 124
Trust Co. receipts
N. O. A Mobile. 1st 08, 1930. JAJ 104% 105
SunburvAErie, lstM.,7s,'07.AAO
N. Y. Elevated.— l9t M., 1900.JAJ 125
do
2(1, Os, 1!J30....JAJ
90>ii
Phila. A Read.— l8t, 6a, 1010.. JAJ 125
N. Y. A Grcenw'd L.— Ist M. inc. 68
Pensaeola Dlv.,lst,03,l920..MAS
AAO 119 120
95
78, '93
ije
Income
2d,
2d mortga
22 <s 30
St. Louis Dlv.. Ist, Os, 1921 .MAS 1031s
JAJ
Debenture 68,1893
iV.Y.AHarlem-7s,coup.,1900.MAN 1378* 138
133
00
do
130
JAD 127 129
op.
reg.A
2d.,3s„1980.MA.S
1st.
69,
1921.
Consol.M.,78,1911,
JAJ
_
N.Y. Lack. A W.—
123
Nash. A Dec., Ist78, 1900.. .JAjl 126
JAD 118>s
FAA 108
Consol. mort, Os, 1911
2nd, 5s, guar., 1923
E. H. A N., Ist Os, 1919
Improvement mort., 68, '07. AAO 107
JAD 114
N.Y. L.E.AW.— lst,7s.'97.oxt.MAN 127
Gen'l mort., Oa, 1930
JAJ 99 >« 00 'a
JAD 107 14 107% 2d mort. cxten., 5s, 1919 ...MAS 115
Gen'l mort., 6s, 1908
35
107%
8o.ANo.Ala.,S.F. Os.lOlOAAO
JAJ 30
Convertible, 7s, 1893
-MAS 110
3d mort. ex. 4138, 1923
l8t mort., sinking fund, 8s .. .. 106
no
MAN 73 74
Cms. 59, l9t aeries
AAO 115
4th mort., ext.. 5s, 1920
33
Trust boiidi, Gs, 19:i2 ..
35
lt4
FAA
103
aeries
2d
Q— 1031a
JAD
Cons. 58,
5th luort., 78, 1888
53
Ten-forty (in. 1921
JAJ 50
MAN 89
MAS 13S>s
Conv. sui). scrip
Ist cons. M., 7s, g.,1920
ij
Pensa. A Atl— lst,09,gii,'21.FAA
105
coupons
deferred
88%
Scrip for
JAD
New 2d eons. Oa, 1909
"16"
107
"'i'
L'ev.N.A.AChic.— lBt,es,1910. JAJ
88
Deferred Income
ex June, '86, coup
do
60
Gen. mort. Os, 1914
AAO
.MAN
Income mort., cons. 7a, '96, JAD 56
Collateral Tr. 6s, 1922
25
100
Lo'l8V.N.O.AlVx.-lst,5«,1931.MAS
90 '4
JAD
Coal A I., guar.,7s, '92,ex.op.MAS
Fund. 59, 1909
i'lo"
Maine CenT.--5lort. 78, 1898... JAJ 120 122
H08
1802..
AAO
Phlla. Wil. A Bait.— 68,
l8t con i. fund ooup.,78,1920 MAS 125
Exten. bonds, Os, g., 1900.. .AAO (110
112
AAO 113 116
JAD
Os, 1000
2dcoE3.f'd op., 59,1969
Cons. 79,1912
JAD (107 103
AAO 128 130
Reorgauizat'n 1st lien, Os, 1908
.59, 1010
Androsoog.A Ken., 68, 1891. FA.\ 105 107
JAJ 102
62
Trust certs., 'Is, 1921
Gold Income bonds, O9, 1977
65
80
Leeds A Farm'gt'n, Os, 1890.JAJ 110 112
l8t,6al911AAO
Pltteb.Bradf.A B.—
Long Dock mort., 7s, 1893.. JAD 116<a
Portl. A K.,Con9. M., Gs, '95,AAO 110
112
Plttab.C.A St.lA— l8t,78,1000.FJjA 121
con. g., Os, 1935 ..AAO 110
do
Debenture, Os, 10-20
108
131
AAO
106
2d mort., 78, 1013
N.Y.A N.Eng.— 1st .M., 78, 1905JAJ 129
Imp ,lim.,79, 1909,MA.S 8li««
Pittsh.Cl.AToi.- lst,Os, 1922. AAO 109 >a
JAJ iia 121
l8t mort., 09, 1905
"^^Pf"*^*"
H.Y.A Man. Beach. lst78,'97,JAJ 114
...FAA 100 !« 109% Pltt8b.ACon'U8V.-l8tM.7s,'9S.J.W
2d mort.. Os, 1902...
130
arq'tte Ho.A
90
Mar.A 0.,89, '9-2 II6I9 117
FAA t-O
SterUng oona. M., Os.g., guar.JAJ |lf
2d, Os (scaled to ;is)
II2I3 Pltt8b.Ft.W. A C.-l8t,78, 1912 Var 142^
6».19U8
109
.'..ilia 107
N. Y. N. H. A H.l9t r. 4s,1903.JAD 110
JAJ 1«0
««, 192.1 (rxtenslon)
39 >3
JAD 104 104 H N.Y. Pa. A O.— Ist, inc.,aoc.78, 1905
2d mort., 78, 1012
135
68, 1925 (.Mary. A Wost.)....JAO
110
99 14 99 >s
3d mort., 7s, 1912
prior Uen,luo.ao.,5-6s,'95 tl08
do
v„-i^A9
Mem.AL.R'ck-lst mrirt..8s, 1907. 113 115
12
Pittsb. MeK.A Y.— lat,68,1032.JAJ
ill
2d mort. Ino
69 >•
emph.A Charl.-lst,78, 191S.JAJ 120
mort...^^......
6
1st
I'ittsb. A West.—
3d mort. ino
2d mort., 78, extended
70
PortrndAOgb'tr-l8t68,g.,1900JAJ 100
JAJ 120
L'aed L.rental tr'8t'73,Tru9.oer.78 jds
36
40
1st consol. 7s, 191.1
l8tM.,6a,g.,I891..MAN
55
Vt. dlv..
JAJ 117
Weat. ext. oertifa, 88, 1876. .JAJ 1.50
Ut. cons.. Tenn. lien, 78,1915 JAJ 120
55
7s, guar. Erie 150
Port Royal A Aug.— lat, 66, '99. J.tJ 103
do
do
35
JAJ
1890
6s,
"Jttop n E1«T.— let, 6«, 1908, JAJ m"*
mort.,
Income
N.Y.Prov.AB'n—Gen.78,1899.JAJ
2d «« 1 a<>o
Rnn.A8'toga-lat7a,1921 eou.M,fcM 146
84
.MAN llOij .A W.- Ist. 69. 1911. JAJ
.A&O
BU'rlliiK.ccn.
Bterlliic.
.'>».
J&D HOB
IfiO.'i
Booted 48, 1911
,
I
I
>
I
•
I
1
8m
.
.
.
C—
"
.
.
1
C—
N.Y. Susq.
*
Pnoe nominal; ne
lats transaoUoa'<
t
583H
Forohaser also paya accrued Interest.
t
In Loadon.
}
Coupon oIL
.
.
.
THE CHRONICLE.
300
[Vol. XT.TT.
GENERAL QUOTATION'S OF STOCKS AND BONDS—CoNTiNtJBD.
For Explanations See Notes
Bid.
Bailroad Bonds.
at
Head of
First
RAILROAD Stocks.
Ask.
Bid.
117
M&N 95
..F&A 114
Clie8., 88..
l8t, 68,1921.
Consol. Ist, 68, 1 922
Booh.&Pitts.,
J&D
Income, 1921
do
60
KomeWat'nAO.—S.F.,7s,1891.J<feU 114
J&J 107
2d mort., 7s, 1892
1922....A&0
Consol., 1st ex. 5s,
98
961s
oil*
97%
.53
Income 78, 1932
Butlanu— l8t M., 68, 1902. ...M&N lUOHi llli«
F&A I92ii 93
Equipment, 2d mort., 58
Bt. Jo.
& Gr. lal'd— l8t,guar.63.1925.
2d mort.. Incomes, 58, 1925
Bt.L.Alt.&T.H.— 1st M., 78, '94.J&J
10916 1091s
5978
55
115
2d mort., pref.. 78, 1894 .... F&A 111
107
M&N
Income,
1894
2d
7s,
45
Dlv. bonds, 1894
Bellev.&S.Ill.,lst,S.F.8s,'96.A&0 118
Bt. Louis & I. Mt.— Ist, 78, '92,F&A
M&N 118
edmort.,78, g., 1897..:
Ark. Br. 1. gr., M., 78, g., '95.J&D 115
Cairo Ark. & T.,l8t,7e,g.,'97.J&D 115
Cairo&Ful.,l8t,l.g.,78,g..'91.J&J
Gen. con. r'y & 1. g., 58.1931A&0
8t.Ii.& S.Fran.— 2d, cl.A,1906M&N
Sd M., class B, 1906
M&N
M&N
Pierre C.
& O.
Ist,
63
Equipment
7s. 1895
General mart.. 6s, 1931
Trust bonds, 6s, 1920
St. L. W. & W., 68, 1919
Bt.L.Vand.&T.H.-lstM.,78,'97.J&J
M&N
M&N
2d
mort., 78, 1898
2d, 78,guar., '98
Bt. P. & Duluth— Ist, 58, 1931. F&A
Bt.P.Minn.& Man.— 1st 7s,1909 J&J
95
lllifi
1121a
M&N
28
106
Inc.
and land
&
Income
ToLDel's* B.— Istmarn.'e'sVigiO
do main line, Ino, 6s, 1910
do Ist D lyton dlv.,6s, 1910
do Dajr. Div., Inc., 68, 1910
Ist terminal trust, 6s, 1910
X0I.& Ohio Cent.— Ist, 5s, gu.l935
Tol. P. & W«st.,lst 7s, 19ir. ..Q—
Tmst Co. receipts
U^ted CCb N.J.—Cons.,6s,'94.A&b
121
M&S
M&S
Alton
& Qulncy..l00
Chicago & Canada Southern
123" Chicago & East IlUnois....
121
118 120
Chicago & Grand Trunk
105
Chicago Milwaukee & St. Paul. 100
G7
70
do
pref., 7. loo
100
1041a 105 "a Chicago & North Western
do
Pref., 7.. 100
661s 681a
114
'90,
115
ex.
Chicago
Rock
Island
&
Pews
100
7s,
F&A
Wabash- ist, ext.,
95
Chic. St Louis & Pitts
100
A&O
MorK, 7s, 1879-1909
pref
do
100
2d mort, 7s, ext. 1S93, ex. .M&N 1041a
M&N "49
Ohio. St, P. Minn. &Om.,oom..l00
Equipment 7s, 1883
50
J&D
do
pref.. 100
Gen.. G3, 1920
S2
Chicago* West Michigan
100
J&J
Chic. Div., 5s, 1910 gold
Cln.
Hamilton
J&J
& Dayton
100
Havana Dlv., 68, 1910
do
Pref
Indlanap. Dlv., 68, 1921 ....J&D
J&J 85
881a Cln. Indlanap. St. Louis & Chlc.lOO
Detroit Div., 69, 1921
Cincinnati & Milf ord
Qulnoy Mo.&P.,let,6a, (faar.1909
Cincinnati N. O. & Tex. Pac
J&J
100
Cairo Dlv.. 5s, 1931
99
Q-F 98
Cln. Sandusky & Cleveland
50
Cons, mort., 78, 1907.oon
F&A 1031a 110
Pref., G. 50
do
1st. St. L. dlv., 78, 1889
F&A 110 113 Cln. Washington & Bait
100
Gt. West., Ill.,lst,7s, '88
do
pref.. 100
2d, 78, '93. ...M&N 1041a 105
do
95
Clev. Col. Cln. & Indianapolis.. 100
Q'noy & Tol., Ist, 78,'90.. ..M&N
Cleveland & Canton
Han. & Naples, 1st, 78, '88. M&N
F&A 100
do
do
Pref
m.&8.Ia.,l8t, 68, 1912
Clev. & Pittsburgh, guar., 7
50
8t.L.K.C. &N. (r.e8t.& R.),78.M&8 112
100
Columbus & Xenia. guar., 8
.50
do Om.Div.,l8t7s,1919.A&0
75
77
Col. Hock. Val. & Tol
100
do Clar. Br., 6s, 1919.. F&A
Columbia & Greenvllle,pref....lOO
do No. Mo., Ist, 1895... J&J 11714 120
95
Concord
do St. Clia's Bridge 6a, 1908
50
Concord & Portsmouth,guar.,7 100
Wab. Fund. 1907- Var. 78. F&A
F&A
VariousGs
Connecticut & Passumpslo
do
100
Connecticnt River
100
W.St. L. &P.— IowaD.68.1921M&8
Danbury & Norwalk
Trust Co. receipts
50
Warren (N.J.)— 2d, 7s, 1900 ..AAO 120
Dayton & Michigan, guar., 31b..50
W. Jersey & At. Ist M.,6sl910M&8 107
do
Pref., guar., 8.50
West Jersey-lst, 6s, 1896
J&J 118
Delaware & Bound Brook
100
A&O 130
Istmort., 78, 1899
Delaware Lack. & Western
50
A&O 112
Consol. mort., 68, 1909
Denver & New Orleans
J&J 103>t
Denver & Rio Grande
West Shore guar. 43
100
113
West'n Ala.— 18C M., 8s, '88. ..A&O 109
do
Trust Co. receipts..
A&O 112 115 Denver & Rio Grande Western
2d mort, 88, guar., '90
102
104
Maryl'd—
£nd,lst,6s,1890.J&J
Vn
Des Moines & Fort Dodge
Ist mort, 6s, 1890
J&J 100 103
do
do
Pref.
End., 2d mort, 6s, 1895
J&J 100
Det. Lansing & Northern, com .100
2d mort, pref., 68, 1895
J&J 102 104
do
do
Pref.lOO
2d, end. Wash. Co., 6s, 1890 J&J 100
Dubnque & Slonx City
100
J&J 120
3d, end., 68, 1900
East 'Tennessee Virginia & Ga.lOO
W'nNo.Carolina-l8t,7s,1890.M&N 110
do
Pref.
do
Consol. Gs, 1911
J&J 95 100
Eastern (Mass.)
100
vVeat'nPenn.- l8tM.,6s, '93. .A&O 113
Eastern in N.
100
Pitts. Br., 1st M., 6s, '96
J&J 113
Eel River
100
Wheeling & L.Erie— 1st, Ga, g., 1910
Elizabeth Lex. & Big Sandiy
100
Wichita & Western— Ist, 68. .J&J i06% 107
Elmlra& WUliamaport, 5
50
118 119
Wilm. Columbia & Augusta, Gs
do
Pref., 7. .50
113
Wil.& Weldon— 8. F., us, g., '96. J.&J 109
Erie & Pittsburg, guar., 7
50
89
90
Wisconsin Cent.— Ist ser., Ss, 1909
EvansvlUe & Terre Haute
50
2d series, 7s, 1909, if earned
Pltchburg
411a 43
100
Wis. Valley— 1st, 7s, 1 909
J&J 125 13 127
Flint & Pere Marquette
W oro'r & Nashua— 5s, '93-'95 Var. 109 111
do
do
Pref.
111
Nash. & Koch., guar.. Ss, '94.A&0 109
Fort Wayne & Jackson
do
do
Pref...
5
137
3
75
4
.
9278
124
.
4
93
125
IO314 104
49
50
10516 106
104
72
41%
1714
54
74
96
17%
55
1
5
531a
7
55
6
22ii
150
150
3788
42
107
118
88
178
6%
23
155
155
37^
108
89
178%
601a
151
150
152
160
13108 131Tj
15%
23
171a
4
10
70
108
66
24%
17%
8
15
75
110
67
2%
5%
2=8
5i<
801a
H
.
7
138
109^ 109%
11(1% 141%
1291a 130%
lli« 13%
311a 32%
4OI4 40%
,
2H
58
91
28^8
1021s
RAII.ROAD STOCKS.
Par.
Fort Worth
Ala. Gt. South.— Llm.,A., 68,pref..
Llm., B, com
Ala. N. O. & Pac., &c., pref
do
do
det...
Albany Siisqueh., Guar., 7... 100
Allej^hony Valley
50
Atchison Col. & Faciflc
J8
1213
J2ia
109
101
110
136
7Ji«
721a
85
(96
112
105
do
1391a
75
105
73
40 la
43
63
75
60
89
do
Ist pref., 6. ...100
do
2d, nref
Waahlneton Br.%nch
100
Parkorsburg Branch
100
Boston & Albany
100
Best. Con. & Moutreau, new. ..100
do
Pref., 6. ..100
Boston Hoosao Tun. & Western
Boston & Lowell
100
Boston & Maine
100
Boston & N. Y. Air-Line, pref.
Boston & Providence
100
Boston Revere Beach & Lynn.. 100
Brooklyn Elevateil.. new
Brooklyn &Montauk
100
do
Pref
100
Buff. N. Y. & Erie, leased
100
Buffalo N. Y. & Philadelphia.... 50
do
ao
Pref... 50
BurUngton C. Rapids & North.. 100
95
Canada Southern
do
117
125
135
125
230
5
101
I
)
81
102
21
*5
62
107
80
81%
I22I3 123
19
19%
88% 90
129
27
10
35
54''8
571s
vo
4
Pref
50
50
lOO
100
50
50
50
100
Pref
Houston & Texas Central
100
8% Huntingdon & Broad Top
50
do
do
Pref... 50
95
180
138
§
35
43 ^e
64%
6
5
15
551s
52
12
19
81a
31
&6is
56
41%
32
10%
19
13
;
t
914
11
9%
78
27
12
29
15
23% 23%
lUlnols Central
100 140 141
do
Leased line, 4 p. 0. 100
99% 100%
Indiana Bloomington & West'n 100
2838 28%
Indian. Decatur & Sp., com...
do
130
10
155
7
100
89% Harrisburg P. Mt. J. A L., guar., 7.50
127
24%
100
do
Pref... 100
I86I4 187
Iowa Falls & Sioux City
100
10
15
Jeft'v. Mad. & Ind'p's, leased.. 100
95 14 95% JoUet & Chicago, guar.. 7
100
9
Kansas City Ft. Scott & Gulf.. .100
i26% 127
do
do
pref.. 100
18!ll4 189% Kans. City Springt.A Memphis
100 101
Kan. City Clinton & Springf 'Id. 1 00
186 Is 188
Kentucky Central
100
& Vlncennes, pref
98 la 93%
96
891s
911a
8
& Paclflo
100
lugnsta & Savannah, leased ... 100
Baltimore & Ohio
100
California Pacltlo
Camden & Atlantic
tll5
:122
1
Atlantic
Cairo
Cam. & Arab., mort., 6s, '89.M&N 107
Union Paciflc-l8t,6s,g.,'96-'99J&J 1171«
140
Atchison Topoka & Santa Fe.. 100
IOOI4 .Atlanta & Charlotte Air Line
111
& Denver C
9
Galv. Hiirrisb. & San Antonio
31a Georgia PaoiHc
3
Georgia R.illroad & Bank'g Co. 100
1
Grand Rapids & Indiana
145
Grand River Valley, guar., 5.. 100
5
Green Bay Winona & St. Paul.. 100
,
&
Canadian Paclflo
Catawlssa
do
Ist pref
do
2d pref
Cedar Falls A Minnesota
JUand Grant, 78, 1887-9
A&O 108 tOU>s Central of Georgia
100
Blnk. F., 88, 1893
M&S 1181s
Central Iowa
'
..100
Eeg. 8s, 1893
M&g 117
do
Istoret
100
Om. Bridge, sterl. 8e,g., '96.AAO )123 126
2dpref
100
Ooliateral trust, 6s, 1908
r,
J^?.,
J&,J
Central Massachusetts
"93"'
100
^0
88, 1907.... J&D
„
do
pref. 100
- ^ ,
Kan*. Pao., Ist, Os, 1895. ...F&A 113
Central of New Jersey
100
do Ist M., 68, 1896
J&l) 113
Central Ohio
50
do Den V. Dlv., 6s
M&N
ili'e
." ".50
do
Pref
I.
do Ist cons. M,,68,1919 -M&N
lOO
Oregon 8hort-U, 6s, 1922 .. F&A iboia 1031a Central Pacific
100% Charlotte Col. & Aug."'.!"'."!lOO
Cen.-lst M., 68, g.,1890.JAJ
88
03
"r^
Chesapeake & Ohio, commoiil.lOO
Utah 80., gen. M. 78, 1909... J&J 90
do
Ist pref. ..100
do «xteu8'D,l8i,7a,l!»09JAJ
90
do
2dpref....lO0
• Price nominal no late traoaactiong.
t Purohaser also pays aoerued interest
BterUng mort., 68, 1894
do
68,1901
&
& Atlantic
Cliicago Burlington
. .
65
70
72
34
107
109% II0I4
102%
1915. July
40
iBt (RloGr. Div.), 6s, 1930. .F&A
do
ex
Aug.
coup,
_
521a
oenl mort.& torm'l 6s,19(i.5A&0 42
H.O.Pac, Ist, 68, gold, 1920. J&J 1160
Texas&St. LoiUs—l8t,6a,1910 J&D 74
Land grant. Incomes, 1920
8
Mo. & Ark. Div., 1st, 6a
1911
Tol. A. A. di Gr.T., 1 at.Oe, 1921 .J&J
JJol. Cln.
8t. i«uis— 1st mort.. ..
Chicago
Chicago
Ask
,
gr., reg.,
Tol.A.Ar.&N.M.— lBt,68,1924.M&N
123
100 1*
111
& Now Orleans— l8t,7s. F&A 116
Sabine Uiv., Ist, 68, 1912. ..M&8
Texas & Pac— 1st, 68, r.1905 M&S
Consol. iuort.,68, gold, 1905. J&D
721*
Texas
104
1141$
BanduskyMansf.&N.- Ist, 78.1902 1116
B»V.Fl.&\V.-At.&G.,con.78,'97.J&j! 119
8.0a.& Fla., 1st M. 78, 1899, M&N 1119
Bcloto Val.— Ist, 78, slnk'g fd.. J&.I
96
2d mort., 78, slnk'g fd
A&O 63
Consol. 78, 1910
J&J 65
Bbenaudoan Val. -l8t.78,1909.J&J
70
BjT.BlnK'.&N. Y.—oon80l.78,'06 A&O
Xex. Ceiit.-l8t,e!{.fd.,7s,1909.M&N
Ist mort., 7a, 1911
112
106
120
102
110
108
2d 68, 1909
A&O 122
Dak. Ext.. 68. 1910
M&N 121
1st consol. 6«, 1933
J&J 119
Minn's U'n. lot, 6s, 1922 ....J&J 115
BtP.&Nor. Pac.-lst,68,I923.F&A,tll3
General mort., 6s, 1921
A&O
Bionx C. * Pac, 1st M., 6a,'98.J&J
Bodus Bay& So.— ]st,.i8,g.,1924J&J
80. Carolina— 1st M.,68,1020.. A&O
2d mort., 68, 1931
J&J
Income 63, 1931
Bo. Cen. (N.Y.)— Consol. mort., 5s..
Bo.Pac,Cal.—l8t,68,g., 1905-12 A&O
Bo. Pac.Ariz.- l8t,C«,1909-10-J&J
Bo. Pac.. N. M.— Ist, 68, 1911 .J&J
Boutliwe8torn(Ga.)—Conv.,7s,188li
Btaten Isl. Kapid Trans.— Ist mort.
Bnmmit Br.— 1st, 78, 1903
J&J
Bnnb. I laz.&W-B.- l8t,58,1928M&N
2d mort., Gs, 1938
M&N
Basp.B.&KrieJiinc— Ist M.,78
118
117
9412
1111*
F&A
J&D 105
J&J 103%
F&A
M&S
90
50
.
116
110% 112
111
oUssC, 1906
Beath Padflc— Ist M, 1888 .J&J
do
Bid.
100
100 1411a 143%
Cheshire, pref
IIII3 113
87
EAtLROAD Stocks.
Ask.
110
CTtloa & Bl'k B.— Mort., 7s, '91 .J&J
Bloh'dAAllegli— lst,78, 1920. JAJ
^^er. & Mass.— Guar. 5s, 1903 M&N
71^8 73
Trust Co. receipts
71oksb. & Mer.—New Ist mort
M&N
2dmort., 68. 1916
107
2d mort
Blch'd & Danv.— Con..68,'90..M&N 106
I15I2
3d mort., Income
J&J
General mort., 68, 1915
891s Va.Mldland-lst 8cr.,6s,1906.M&8
A&O 89
Debenture, 68, 1927
M&S
2d series, 6s, 1911
A&O 1081a 110
Piedmont Br., gs, 1888.
M&S
3d series, 5-68,1916
Bloh. Fred. St. Potomac— 6s,ext.J&J 110
1921
M&8
3-4-5s,
4tli
series,
106
J&J
Mort, 78, 1881-90
1926
M&S
Bth series, 5s,
Bloh. & Petersb., 88,'84-'86...A&0
Incomes, cumulative
M&N 128
«ew mort., 7a, 1915
Bicbmond York Elv. &
2d mort., 6s
Pace of (^notations.
Keokuk & Des Moines
Lake Erie & Western
Lake Shore & Mich. So
70
80
120
83
135
100
100
I214
100
87 'a
Lehigh V.iUey
50 i
Little Rock & Fort Smith
100 41%
5
Little Miami, leased, 8 guar.. .. 50 153%
8% Little SohuylkUl, leased, 7
50 ^ 59
75
Long Island
50
92%
Louisiana & Mo. Rlv., Com
100
16%
8
Pref
40
do
41S8
Louisville & Nashville
100
39
Louisville New Albany & Chlc.lOO
36%
44 !« Macon & Augusta
6438 Maine Central
100 115
Manchester & Lawrence
100 200
56
Manhatt.tn Beach Co
100
19%
Manhattan R'y, consolidated ..100 127%
15
Marq. Houghton & Out
100
30
do
Pref
100
82
Memphis & Charleston
25
35
Metropolitan Elevated
100
Mexican Central
100 "914
9
Mexican National
3
314
do
pref
10%
563n Michigan Central
72
100
Mlohigau & Ohio
1
do
Pref
2%
42
Midland of New Jersey
22
36
29
Mil. Lake Shore & West
100
do
60
do
Pref
100
2ii
Milwaukee & Northern
100
15
60
Mine Hill&S. H, leased
50
im
In London.
i
Quotations per share.
1
71
86
136
57
50
13
88
60
42
93%
17
44
41%
37
117
201
19%
127%
30%
S2u
37
-9Ji
13
75
5
5
31"
61
60
Conpon off.
if
—
.
March
6,
..
.
—J
5
..
.
THE CHRONICLR
1886.]
301
GENERAL QUOTATLONS OF STOCKS AND BONDS—CoMTmuED.
Por Bzplanatlona Sea Not** at Head of FIret Pace of Qaatatlona.
Bid.
RAIUtOAD STOCKH.
Ask
RK. MTUOKS.
I.'OSTINIIKD.
Ulnneap. A 8t. L. 100
rref...lOO
do
HIsao'l Kan.ibTex.lOO
.
MlHHouri Paoiflo...lOO
100
Mobile ><c Ohio
Morris A E'x. KU.,7.50
>t
Conn
IS
do
prof.
PreMOO
....50
N.Y.L.&W..<i:ii!ir.5.100
H.Y.L.Krleife West. 100
Pref. 100
do
N.Y. AN.Englaud.lOO
Prcf.lOO
do
N.Y.N H.AHartf.lCO
N.Y. Ont. AWe8t..l00
Pret,
do
N.Y. Penn. A Olito ...
Pref.
do
N.Y. Prov. A Boat. 100
N.Y. 8usq. A Western.
Pref.
do
N.Y. West Shore A B.
Norf.AWest,, com. 100
pref.lOO
do
No. Pennsylvania.. 50
Northern Central ... 50
North'n N. Haiup.lOO
North'n Pac.,com.lOO
Pref.lOO
do
Norw.A Worcester.lOO
Ogd. A L. Champ. 100
100
Ohio Central
100
Ohio A Miss
Pref.lOO
do
Ohio Southern
100
Old Colony
100
Oregon A Calif
100
do
Pref... 100
Oregon Short Line..
Oregon Trans-Cont
Oswego A Syr., guar
Panama
100
Pennsylvania RR. .50
Pensacola A Atlantic
Peoria Deo. A Ev. 100
Petersburg
TOO
Phlla. AErle
50
Phlla. & Reading... 50
do
Pref. ...50
FhUa. Wilm.A Bait. 50
Pitts. Cln. ASt. L..50
7\
22%
2%
23
9»0
10
Pltts.Ft.W.AC.guar.'
Pittsburg A Western.
Port.8aco APorts.lsd 6
Port Royal A Augusta
Gt.F.A Con.lOo
Prov. A Worc'ster.lOO
Rens. A Saratoga. . 100
Rich. A Alleg., stock
Blohmoud ADanv.lOO
Rich. F. A P., com 100
.
Guar. 7.100
do 6..
Richmond A P'b'g.lOO
. .
Rlchnioud YorkR.&C.
Rochester A Pitts. 100
Rome W. A Ogd. .100
Rutland
100
do Pref., 7. .100
9t. Joseph A G'd Isl'd.
8t.Loui8Alt.AT.H.100
do
Pref.lOO
St. Louis A San Fr.lOO
do Pref
100
.
1st pref.lOO
A
H
8t. L. Van.
f.
8t. Paul
Duluth.lOO
A
do
Pref.lOO
P.Mlim.
A Mau
.
100
Soloto Valley
Beab'd
A RoanokelOO
do
Guar.. 100
Bonth Carolina
100
8o. A No. Alabama
8'west., Qa., g'd, 7.100
Byr. BLng. A N.Y. 100
Summit Branch, Pa. 50
Terre H. A Ind'nap.50
Texas AN. O
100
Texas A Paoiflo ... 100
Itoas A St.L. In Texas
do
In Mo. A Ark.
ToLCln. ASt. Louis ..
jd
29% 30
CANAI. STOCKS.
100 104%
Del. A Hudson
i
TeDn.C.At.,oou.6s
2958
13
14
OS's
2
70
4
148
123'
63
130
South
3d
Pitts, Ist, 63..
aeries,
80
98
Co
1
Telegraph.
12314
niseis liAINEIOVS
64
133
Tropical
W.
15o,
Warr'n(N.J.),l'e'd,7.50
Westch. A Phlla.,pt.50
Sawyer-Mann
43
no
111.
135
70
137
Metropolitan
N. Y. Guar. A Ind..lOO
N.Y. Life A Trust. 100
100
100
Union
United States
Ist M., ootisol.78, '93
Scrip 6s, 1914
Eighth Avenue
Scrip 63, 1914
42dA Grand St.
F'y..
1st mort., 7s, 1893..
42d8t.Mau.ASt.N.Av.
1st mort., 63
1st mort., 7b, 1894..
Ninth Avenue
Second Avenue
1st mort., 58,1910..
ConsoL
7s,
1888
Sixth Avenue
1st mort., 78, 1890..
Third Avenue
100 145 149
100 105 106
United States
100 60 la 66
Wells. FarKO A Co.lOO 120
124
Twenty-Third St
American
1st mort., 78, 1890..
1st mort.. 7b, 1893..
OAS STOCKS.
Bait. Consol.
•03
Gas
Boston Gaslight... 500
East Boston
25
South Boston
100
Brookliue, Mass. . 100
Cambridge, Mass.. 100
.
Chelsea, Mass
Dorchester, Maaa
100
100
Jamaica prn,Ma.s8lO0
.
.
5>a Lawrence, Mass. .100
.
Lowell
100
Lvnn. M»s"i.. G. U.IOO
Purchaser aUa pays aoomed Interest.
•05
1-50
•60
•80
100
Father DeSmet.. 100
Gold Stripe
165
145
•38
Silver
100
20
10
10
50
Iron Silver
Little Chief
Little Pitts
Mexican O.
Navalo
A SUv.lOO
l'^5
Ophlr....
Potosi
500
Rappahanock
Red Elephant
•50
2-60
3-25
800
240
08
•27
•25
•26
•35
100
10
100
1
10
50
340
•11
•30
•26
•30
•55
•48
•80
•10
•02
Robiuson Consol..
SierraNevada
100
50
Silver Cliff
Spring Valley
Standard
Union Consol
•40
2^00
i^ao
•10
•10
•IS
-04
•95
•80
•10
1
100
100
100
•55
BOSTON MINING
STOCKS.§
10813 AUouez
114
25
IOI3 11
Atlantic
25
Brunsw'k Antimony.
Calumet A Hecla...25 228 230
870. 38«.
Oatalpa Silver
10
19
10
Central
25
50
Copper Falls
Franklin
25 iV
3I8
3^
Huron
25
iVIinneaota
25
1
1421a National
500.
25
125
25
161a 16%
OSoeola
2-8
3
140
Pewabis
25
116
4911 50
25
Quincy
200
25
Kldge
90
112 115
88
25
Tamarack
106 109
MANCPACT'INO
240 260
STOCKS.
107 110
Am. Linen (Fall Rlv.) 560
261 265
100 100 100 >•
Amory(N. H.)
112 117
Amoskeag (N.H.) lOOO 2050 2056
44
40
Androscog'n (Me.). 100 110 112
110 112
Appleton (Maas.) 1000 870 880
103
63
60
Atlantic (Mass.). ..100 101
95 105
155 158
Barnaby (Fall Rlv.).
113 116
SIfg.
(F.
R.)
Barnard
135 140
100 iiS" 125
Bates (Mo.)
204 207
Boott Cot. (ISIa3s.)1000 1440 1460
110 112>a
107 109
Border CStyMfii.(F.R,
105
Boaton Co.(JIa!!S.)1000 1075 1089
210 220
100 165 175
Boston Belting
300
110 115
Boat. Duck (Mass.)7CK) 795
90
32J 330 iChace (Fall Rlv.) .100
114
113
112
111
iChieopec(Ma8s.) ..100
260 275 jCocheco (N.H.).. ..600 530 590
8%
8
112 114
Collins Co. (Conn.).. 10
66
64
Continental >Me.). 100
89
100
451a 45% Cres't M1U8 (F. R.)
••>>•
861 863
Crystal Spr.Bl.fF.B.).
60H
40
401s Davol Mlfig (P. B.) 100
00
87
Dougl's Axe (MaaallOO
110 115
976
550
..500
(Mass.).
113<4 114
'Dwlght
ee
60
l.=)5l4 156
Everett (Mass.). -.100
100
103
1031a iFallRlT. IronW. .100
If. R. Machine Co. .100
1071a 103
132 135
F. R. .Merino Co... 100
77%
Flint Mills (F. B.) 100
141 143
98
97
Franklin (Me.).... 100
193 194
|0l'beY.MIll«(F.R.)10fr 105
1021* 1C3
106
212
112
175
112
167
185
120
.
2d Inc., 6s
HoustW.St.A Pav. F'y
80 >t
50
100
100
100
LeidvlUe Consol
260
109
00
•68
L«orosse
35
118
69
1-30
2-60
Independence
30
BleeckerSC.A Fult.F'y
1st mort., 78. 1900.. 114
Broadway A 7th Av... 250
Ist mort., .".s, 1901.. lOS
2d mort., 5s, 1914... 107
B'way Surf., gu..5s,'21 110
105
Guar., 5s, 1905
208
BrookLvn City
ist mort., 58, 1902.. 108
Brooklyn Crosstown.. 168
1st mort., 78, 1SS8.. 105
ButhwlckAv. (Bklyn.) 162
160
Central Crosstown
Ist mort., 69, 1922.. 115
Central Pk.N A E.Riv. 141
Consol. M., 78, 1902. 122
Christopher & 10th St. 135
110
Bonds, 7s, 1898
DryDk.E.B.A Battery
109
163
140
103
•60
Horn
N.Y. ic BK'KIjYN
HOKSli: RRS.
40
112
110
240
Dunkln
Eureka Consol
110
38
ICk)
Goodahaw
100
Gould A Curry 8.. 100
Green Mountain
10
Hale A Norcross. .100
103
218
335
395
107
120
140
118
100
480
370
475
182>i
1'50
Crown Point
170
110
100
Chrysolite
Chollar
Consol. Paclflo
75
100
08
134
97
160
1-49
100
10
100
100
IH) Caledonia B. H
100
li8 Consol. California. 100
25
75
Alk.
loa
130
109
130
97
FRAN.)
Bulwer
STOCKS, N.Y.
BXPRESS ST'CKS
t
«3is
Co..
Am. Loan A Trust.lOO
Brooklyn Trust
25
Central
100
Farmers' Loan A Tr.25
Kuickerbooker
Long Island
100
Mercantile
100
Adams
late transactions.
Barcelona
Basslok
Beohtel
Belle Isle
Bodle
TRUST
A8i>inwall
.
65
30
UnitedStates
94^8 United States III. Co.
CO.'S
113
Amer. Bank Note Co..
General mortgage.
Baltimore A Ohio
C<-nt. A So. Am. Cable
60
25
EI.Ii:CTRIC
Daft
Edison
951a Edison Illuminating.
IOII3
102 1« Edison Isolated
Swan Incandescent..
109
STOCKS.
Receivers' certs
50
&
A
(N. Y.
SAN.
114 Alice
1
Alta Montana
Consol. Electric Light
&
27
50
Telesrr.
«OI.D 4c SILVER
MINING STOCKS}
50
Amle
lia
Bid.
. .
305b
10
Tele. 10
I.IGII'r STOCKS
Brush
100
Brush lUuminat'g 100
6i8
636
Land
10
8%,
81a
Boston Land
10
8% RV
5
Boston Water Power,
8
41a
4.H
75
Brooklino (Mass.)L'd5
76
61
J*0
Canton Co. (Bait.). 100 60
135
Cev. A Ciu. Bridge, pt. 185
2
41a
Keeley Motor
2% 21a
oai«
Maverick Land
10
100
95
34
3413 N.E.Mtg.Secur.fBost.,
25c. 50o.
75
N. Hampshire Land 25
314
N.Y.&Tex.Ld.,Lim.50
5
29
Land serin
31
29
5% 6I4 No. Rlv., coualOO p.o. 25
26
26 14 Oregon Improvement.
25
Oregon Ry.AN.Co.lOO 10218 103
30
51% 52
40
Pacific Mail 83. Co.lOO
134
90
PiUlm'n Palace CarlOO 132
103
21
211a St.Louls B'dge.lstpref •loa
52
45
2d
pref.
certificates.
J50
46
111
102 1031s St. Louis Tuimel BR.. ;10S
75
70
St. Louis Transfer Co
8
2O0,
16c,
43
43 14 Stand. Water Meter..
108 110
Union St'k Yds. ATr.Co 150
llSHj 119
COAIi
ITEINING
10
STOCKS, N.ir.
11
1458
Cameron Coal
SO 14
Cent.Arizona Min.lOO
25%
2512
Colorado Coal A 1. 100
10
15
28
24
Consol.Coal of Md. 100
2
18
Homestake Min'g.lOO 18
14
11
Maryland Coal
100
13
11
10
New Central Coal
11
90 100
Ontario SU. Mln'g.100
Pennsylvania Coal. 50
71a
61a
12% 12>a Quicksilver Mln'g.100
22
23%
do
pref.
20
130.
I.
MUOBLLAintOin.
Maid. AMelroM... 100 101
lUS
Newton A Wat'n 100 123
33
Salem, Mass
100 104
Brooklyn, L. 1
25 128
102
Oltlzeo*', Brooklyn. 20
86
2«. Metropolitan, B'klyn.
106
Nauau, Brooklyn ..25 130
130
People's, Brooklyn. 10
85
Wllflamsb'g, B'klyD .riO 156
80
18
ObarleHt'n,8.C.,Oaa.25
90
Chicago O.A Coke. 100 116
% Cincinnati (i. A Coke 182
10
Hartford, Ct., G. L..25
32
2
Jersey C. A Hobok'n 20 155
2S
People's, Jersey O.
25
76
110
LoulBVille G. L.
7a»8 Oentralof N. Y
60 60
122
Consolidated. N.Y. 100 107
Equitable, N. Y
ISO
Mutualof N. Y....100 187
150
N. Orleans G. L. ..100 102
115
60
Portland, Me., G. L.SO
25
St. LoiilB O. L
SO (276
Laclede, St. LonlB.lOO }88
40
0arondelet,8t. Louis 80
San Francisco O. L
27
SOi^t
Wash'ton City O. L.20
30»e
N. Y. State Overland.
Peoples...
90
L. BrlilKe & Tun
l8t,7s,g.. 1929.AAO 1135
St.
l»e
Molecular
Southern Bell
Southern N. England.
4th do
Deb'nt're,7s,'88A&0
Stlg,7s,g.,1885AAO
148
15
:
.
New England
'51% New York A N. J
New York A Penn....
83,'87PAA
8a,'92FAA
.
;
Aak.
2^
09
38
Mexican
105
Pullm'n Palace Car
,
Price Bomln«l
Tel.
Bid.
110
Union Paclflo
50 14 TEL'PHT STOCKS
100 50
Utah Central
50
100
AND BONDS,
\t.& Ma88.,l'sed,6.100 135 1351a Amer. Dist. Tel... 100
Vlokab. A Meridian...
3
American Tel. A Cable JI68'a 691a
6i9
do
pref.
American Kapld.
Virginia Midland com.
Atlantic A Pacific st'k
45
55
W»b. St. L. APao.lOO
2I3
91* 10
Bank's A Meroh'ts.lOO
3
19
Pref.lOO
_ do
1st mortgage
•
,
iilst.
II
Del. Div. leased, 8.. 50
221s
2Uis
A
West Jersey
50
West jRra»vA Atlantic
100
25
Boniln
I
117
GANAI. BONDS.
Oliesap. A Delaware—
—
25
Ohio Central...
do
Pref.
U. N.J. RR AC. Co.lOO 2121a
Tol.
S
Con., I'sed.SO
do
Pref...
do
Pref.
Tel. Co.
160
A
A West Point.
do
Woro'terANashua. 100 116
il
aiiii
sm
.
do
do
10% _„ 14 stock
19i«
Lehigh Navigation. .50 i 5158
75
100
Morris, guar., 4
28%
do pf.,guar.lO..100
Pennsylvania
50
75
77
SohuylkUl Nav
50
126 127
do
do pref. 50
26 « 26-'8
58i>!
SSTg Susquehanna..... -50
miSC'I.I.ANEOl7S
175
176
BONDS.
19
20
Bait. Gas Light 63.... 1100
1
24>4 25
Canton(Balt.)— £ 6s.g.,
Mort. 68,g.,1904 JAJ
17
Un. RR.,l8t, end.,68. 116
17
do 2d,end. 6s,g.M&N '93'
1641a 1661a
Col.CoalA Iron— Ist.Gs
{7
{i8
Gov. ACin. Bge. 5s,3-5y
20
20
5s, 5 years
MAS
25
31'8 32
Hend'D Brldge68,l931 108
120
Hanposa 78, '86
Or. Imp. Company—
9414
5514
l8t, 6sl910, J.&D.
Oreg.R.&N.l8t.6s,JAJ 1121a
7%
Debenture 78. 1887. 102
21
22
Con. 58 1925 J.AD.. 107%
55>fl 56
.
Ports.
Wisconsin Central
I
.
K.Y.& Harlem
Pitts.
MlKCRLLANBOni.
Aalr.
100
Miiliiai I'liinn
l8tmort.,6s,'8«JAJ
80
73
12''g 21%^ N. Y. Mutual Un. Tel
(Jhes.AO.— 6s, '70.Q.-J
Miitiuil lliiiim 08...
8916
lis
Del. AH.— 7a.'91.JAJ
l»a
I1..IOO
•b
118
1st ext., 1891.. MAN
3
81.
Coun. 78. 1894. A&O 120
20
ilile'Co
:,:
Ist Pa.D.cp.,78,MA8 136
lis
15
rtii. Tel., l:.l niort. b'ds
I.«liiKb Navlgatlon65
South'u A Atlantic. 23
113
4ias, 1914. .....Q—
106 \
Western Union. ...100
72«ta
6s, reg., •97,Q-F 118<4
RR.
8
12018
8H1
7b, 1900. M. AN..
Conv 6s,g.ri;.'91»r&S
1161a
18 >4 191s
tei^icpiionb
68,g.,cp.Arg..'97J&D i'lg"
217 223
sto<;ks.
Con8.M.,19il7sJAD 131 133
104
100 1481a
American Boll
90
Penn.— 6s, coup., 1910 89
28 >4 28^ Schuylkill
Amer. Speaking. ..100 110
Nav.—
62% 63 14 lstM.,6s,
24
Colombia A Pan. ..100
100
1897.Q-M
37
37U 2dM.,6B,1907...T&J 70
7II2 Currier Tel. Bell
120>i 122
Dolboar
35
40
6s,cp.,'95JAJ
Mort.
210
East Ten uessee
68,lmp.,cr., 'SOMAN
la's 19%
261a
Erie
37
6s,bt<6car,1913M&N
Globe
39
7s,btAcar,1915MAN
40
Hudson
River
100
Os,cp.,l»18J&J
Susq.,Metropulltan
78. coup., 1902.. JA,1
N.Y.Chlc.&8t.L...100
do
Bid.
12'
29<«
47'b
N. I^nil.JiNorliriUOO
N.Y.CViit.& JI.Rlv.lOO
8t.
14
l,owcU..100 160
Uutoli.Ji
New Jersey A N. Y
Pref.
do
Now Jersey Poutlicm.
Blch.
20
40
13(1 >s
Na»liv.('li;it.& St. L.25
N«8bu«
Newb'x
do
19
48
29
100 >«
MnoBt,i,Ajacous.
Western Maryland
~Tl
Wll. Columbia A Aug.
110
Wllm. A Woldon, 7.100 186
t
In Londaa.
i QuatattOB
par (kara.
5
.
..
THE CHRONICLE.
302
IVOL. XT.1T.
GENERAL QUOTATIONS OP STOCKS AND BONDS—Concluded.
For Explanations See Sotea
lIiMiiio
Stocks.
Bid.
2500
60
C55
205
71
Granlte(P.K.)....10OO
Great Falls (N. H.)100
Hamilton (Mass.) 1000
Hartt. Carpet (Ct.)100
100
HlUCMe)
Del. Dlv.—68. '98.J&J
Holroke W.Power. 100
JaoEson (N. H.)..1000
King Philip (F. R.) 100
LaconiH(>Ie)
400
Lancaster M.(N.H)400
Bane
Ask.
63
650
2U0
70
210
1O60
200
1050
100
445
573
105
450
585
85
Lake Mills (F. E.)
Lawrence (Mass.) 1000 1560" 1520
690 790 800
Lowell (Mass)
Lowell Bleachery.200 237 240
Lowell Macli.81iop.500 855 875
L'rel
Lyman M.
(Mass.). 100
136
995
85
115
1405
Merrlmack(Maes)1000 1400
Metacoraet (F.R.) .100
181
(.Mass.). 100 180
80
Narragan8'tt(F.R,)100
Nashua (N. H.)....500 450 4C0
92I3
Katunkcaf; (Mass.)103
93>fl
85
80
N. E. Glass !Mass.)375
Middlesex
Newmarket
355
635
1075
55
65
350
1630
1070
500
Paciflo (Mass.)... 1000
PepperelKMe.)
Pooasset iF. E.)...100
Rich. Bord'n(F.R.) 100
Robeson iF. Riv.) 1000
Sagamore (P. Riv.) 100 100
Salmon Falls(N.H.)300 285
8andw.Glas8(Mas8.)80
Shove (Fall Riv.). 100
110
295
53
78
65
105
1045
95
M
75
Slade(Full Riv.).. 100
Stafford (Fall Riv.) 100
Stark Mm8(N.II.)1000 1035
Tecurasoh (F. R.j. 100
Thorn dlke(Mas8.)1000 860
Tremont* 3 .( Mass) 100 110
S80
Troy C.&W.(P.R.) 500
Union C.Mf. (F.R.) 100
Wampanoag(F.R.) 100
750
200
130
111
Wa»Mngfn(Ma88.)100
Weed Sew. M'e
(Ct.)25
Weetamoe
60
50
860
55
46
750 850
(F. R.)100
WUllm'tlc Llnen(Ct)25
York Co.
BANK
(Me.)
STOCKS,
Baltimore.
Bank of Baltimore 100 140
Bank of Commerce. 15 15
10
19is 20
& Farmers'.. 100 123 126
Farmers' B'k of Md.30
34
Farmers' & Merch..40
55 14 56
Farmers'&Flauters'25
45>4
First Nat. of Bait.. 100 132
PrankUn
60 100 101
Citizens'
Com.
German American
Howard
1
Marine ...
Mechanics'
Merchants'
30
10
100
National Exoh'ge. 100
People's
25
Second National ..100
Third National.... 100
Union
75
Western
20
Boston.
Atlantic
Atlas
Blackstone
Boston Nat
Boylston
100
100
,...100
100
100
Broadway
100
Banker Hill
loo
Central
loO
City
100
Columbian
loO
Commerce
100
Common wealth ... 100
Continental
100
l»gle
100
Elot
100
Everett
10c
Exchange
100
Faneull Hall
lOG
First National
100
First Ward
100
Fourth National.. 100
Freeraans'
100
S'ol'e
100
Hamilton
100
atae & Leather
100
HffWArd
100
. . .
Unooin
1(X)
Manufacturers'..
100 150 151
100 178 182
100 122 »a 124
Second Nat
SeoDTity
Cincinnati.
I
Citizens' National
99 hi 100
120 122
1361a 137
211 212
110 120
IIOI3 112
108 1081a
103 10314
1251a! 127
Fourth National
German National
iso"
Commercial Bank
First National
Insurance Stocks.
Cincinnati
Amazon(new stock) 20
50 123
Columbian
100 102
Commercial Nat
61
50
Commonwealth Nat50 33
Consolidation Nat.. 30
69
Corn Exchange Nat.50
621s
Eighth Nat
100 255
First Nat
100 218
Farmers'&Mech.N.lOO 158
Girard National
40 931s
75
Kensington Nat
50
Mauufaot'r'rs' Nat.lOO 110
Mechanics' Nat
100 128
135
Merchants' Nat
Nat. B'k (Commerce. 50
54
Nat. B'k Germant'n 50 124
Nat.B'kN. Liberties 50 174
Nat. B'k Republic .100
National Security. 100 120
Peun National
50
People's
100 175
Philadelphia Nat. 100 228
Second Nat
100 124
Seventh Nat
100 98
Sixth Nat
100 120
Southwark Nat
50 120
Spring Garden
100 102
Third Nat
100 110
75
Union Nat
50
Western Nat
50 103
WeatPhiladelphia.lOO 115
/EtnaNat
American Nat
.
113
70
134
60
47 la
106
101
161
100
65
132
99
200
115
153
79
120
117
97
109
102
160
118
128
142
137
210
U5
137
123
107
Second Nat
ibci 114
Security
ICK) 157
Third National .... 100 127
Western
100 115
New
Oaaal
GermaniaNat
Hibernia Nat
.
100
100
100
100
100
116 117
1061a 103
New Orleans Nat.. 100
Nat
V05'
70
135
102
116
154
81
121
118
100
114
103
162
119
129
143
139
212
137
125'
108
115
162
129
116
136
43
Onion Nat
134
110
117
114
310
49
85
100
115
120
Fork.
America
100 {165
American Exoh'gelOO'tl3I
Broadway
25 1275
Butchers'* Drover825
Central National.. 10o':ii7ii
Chase National.... lOOl 150
ITIe,
National Traders'. 100
Klchmond, Va
Bank
26
Nat
100
Merchants' Nat. ..10
City
First
Nut.BkofVirginialOO
Planters' Nat.'
100
State Bank of Va. 100
St. liOnls^
B'k of Commerce. .100
Commercial
100
100'
106;|255
25i;ll5
100
100
international
Mechaniea'
Merclianta' Nat . . 100
St. Ixiuis National. 100
Third National. ...100
.
San Francisco,
AiigloCaliforuia
Bank of California
First Nat. Gold.... 100
FIBE INSUR'CB
STOCKS.
150
Baltimore.
25iU65
Chemical
City
Citizens
Commerce
Portland,
Cumberland Nat.. .40
Canal Nat
100
Casco Nat
100
Fii-stNat
100
M(!rchants' Nat
75
Paciflo
170
1
Chatham
.
Continental
100
Franklin
100
1311a 1391s Fourth National ..100
330
50
30
loo
110
loO 1021s IU4
People's
State Nat
New
134
39
.
.
Orleans,
& Banking.
Citizens'
.Mutual
116
73
136
62
50
3600
looi 167
loO
Corn Exchange ...100 I80' 118
East River
25 U15
Eleventh Ward
251:100
First National
100 1050
•Pno« nominal; mo l.t.
truuaotton^
J Last priee this week.
Associate Firemen's.
Baltimore Fire Ins. 10
Firemen's Insur'oe 18
Howard Fire
5
Maryland Fire
10
.
Merchants' Mutual. 50
National Fire
10
;
Continental
Boston.
.100
American
P.
& M. .100
Boston
Bovlston
6
Quotation per sharo.
100
100
J
1.50
306
127
108
62
35
70
265
225
160
20
Ask.
98
133
187
40
115
137
91
102
102
90
99
85
90
25 145
20 113
25 200
100
150
114
210
Eagle
100
Enterprise
20 'so'
55
Eureka
20 170 180
Fidelity
100
97 100
Firemen's
20
150
Germania
20
871s 90
Globe
20 ICO 105
Merchants'* Manuf 20 170
Miami VaUey
50 75
National
100 140
Security
l(K>
85
Washington
20
130
Western
25
160
Citizens'
Commercial
Hartford, Conn.
.Etna Fire
Connecticut
Hartford
National
Orient
Phoenix
Steam Boiler
100 237
lOOl 110
lOOi 282
100 12s
H4
100
loO 185
50 90
239
114
•288
132
86
190
105
liondon, Ene,
I
.
Hartford.
Aurora
Cincinnati
i
City National
Bid.
Dwelling House. ..100
96
Eliot
100 131
Firemen's
100 IPS
Manufacturers'. ..100
39
Mass. Mutual
100 112
Mercantile F. & M.lOO 135
Neptune F. & M...100 90
North American ..100 100
Prescott
100 100
Shoe <fe Leather. ..100
85
Washington
100 97
Avenue
America .100 318
Ceutennial Nat
100 140
(Central National. 100 300
.
120131121
1
Ask.
130
B'k of N.
Merchants' National.. 133 135
Metropolitan Nat
105
Nat. Laf & Bk. of Com. 205"' 210
Queen City National
95
156"
Second National
119i«
Third National
Union Nat
105 110
Western German Bank 210
Louisiana Nat.. ..
Metropolitan ....
100 100 lOOia
Market
100 93^100
Market(JJrighton).100 136i« 138
Massacliusetts ....250 101
1U2
Maverick
100 224 226
Mechanics' (So.B.jlOO IbO 131
Herchaudise
loo 1021a 103 !«
Herohants'
100 145
1451s
Metropolitan.. ...'"loo 111
113
Monument
100 2151a 217
Mt. Vernon
lOo 137 "all 38
New England
100 146 147
North
100 134 136
SPiti" Ainerioa.IlilOO 107
107 la
WdBoston
50 62 14 6iia
5?SPle'»100 160
Eedemption.... loo 126 161
127
Bepuhlfo
...100 13»ia 141
5«Tere
126 127
134^1136
98
98
140
145
95
240" 250
175
1201a .Merchants' Nat. ..100
121
Northern of Ky ...100
1161a People's Bank
110>« 111
125>a 126
Fifth
Philadelphia,
Cincinnati National...
.
119
116
Bid.
Fourth National ... 100 127
Fulton
30 110
100 600
Shoe Je I«uther....lOO loo's 101>s (iallatin National ..50 195
125
Garfield
124%
loo 1145
100
State
ijerman American. .75 106
100 117'a 119
Siiflolk
Gormanla
97
Third Nat
100 95
100 160
Greenwich
100 99 100
Traders'
25 100
100 111 Ill's Hanover
Trepiont
100 1148 151
Onion
100 145 145=2 traporters' & Tr.. .100 265 270
Irving
100 134% 136
Washington
50 132
Leather Manult8..100 160
Webster
100 107% 108
.M anhattan
150
50
Brooklyn.
.Market
100 147
Brooltlyn
100 128
Mechanics'
25 155 159
First National
50 3091a
Mechanics' & Tr.. .25 115
Fulton
40 140 150
Mercantile
100 123 128"
City National
50 300
Merchants'
50 :132
60 130
Commercial
.Merchants' Exoh'geSO 102
Long Island
100 115 120
Metropolitan
46
48
100
128
Manufacturers'
Nassau
50 tl25
Meohauiea'
50 200 210
New
York
187
100
Nassau
100 200 . 210
N. Y. Nat. Exch'gelOO 109
112
Gliarleston.
New York County. 100 200
B'k of Chas.(NBA) 100 103
.Ninth National
113 123
100
First Nat. Chas.. .100 200
N(irth America
70 112
People's National. 100 148
North River
30 1115
Chicago.
Oriental
25 105
Chicago Nat
100 145 160
Paciflo
155
50
Commercial Nat ... 100 1421a l.'iO
Park
100 157
128
Continental Nat ... 100 125
People's
25 145
First National
100 210 220
Plienlx
110
20
Hide and Leather. 100 140
Republic
100 122 1231a
Merchants' Nat.. .100 360
Second National. .IOC 150
Metropolitan Nat. 100 152% 160
Seventh Ward
100 100
Na*. Bk. of Amer..lOO I3713 140
Shoe & Leather
100 135 140
Nat. B'k of lilinois.lOO 150
160
St. Nicholaa
122
100 115
Northwestern Nat. 100 600
Stateof N.Y
100 125 130
Union National
100 139 uz' Tr.'idesmen's
40 105
Un.StockY'dsNat.lOO 200 215
United States Nat. 100 200
aliaitmiit
100
50
Charter Oak Nat. 100
City
100
Connecticut liiver 50
Far. & Mech. Nat. 100
First Nat
100
112
Hartford Nat
100
llij)
Mercantile Nat
100
37
National Exchange 50
13ie 131a Phoenix Nat
100
135 140 [State
100
122
United States
100
20
2013
liOuIsTlIle.
150
B'nk of Commerce
108
Bank of KentuckylOO
S3
87
Bank of LouisvillelOO
33
Citlzen.s' National. 100
City Nat
100
137 138
Falls City TobaccolOO
125
126
Farmers' of Ky ...loo
113
1131a Farmers' & Drov..l00
12m 122 Fii-stNat
100
130 131
German Ins. Co.'s.lOO
100
German
100
190 102
German National. 100
105 107
Kentucky Nat
100
lll'g 112
Louisv. Banking Co.40
131
132
Masonic
100
120
Bank Stocks.
Bid. Ask.
Stocks.
Pa^e of aaotatlona.
First
t
70% 71
Manclioster (N.H.) 100 133
1000 985
Mass. Cotton
Mechanics' (F. R.) 100
Merchants' (F. R.) 100
Head of
at
[Commercial Union. *5
17
18
Guardiiin
50 61
63
Imperial Fire
25 157
160
Lancashire F. & L..25
514
5%
London Ass.Corp.12ia 51
53
Llv. A Lond. AGlobe. 2
28
29
North'n Fire & Life ..5
43
50
North Brit. & Mer. 8%
34
35
Queen Fire & Life.. .1
218
3
Royal Insurance
33
3
34
Netr Orleans.
Crescent Mutual
Factors'
and
85
112
Germania
131
Hibernia
140
Home
'Traders'.
Firemen's
-si
65
121
65
90
126
951s 100
25
27
6
Hope
104 107
126
Lafayette
60
70
175
Merchants' Mutual
53
60
138% Mechanics' & Traders' 107
121
New Orleans Ins. Ass'n 2014
821s New Orleans Ins. Co
39
42
People's
14
„
238
Sun Mutual
i 128
Teutonia
1221s
105
Ne«r York.
125
American
50
150 155
125
American Exoh...l00 95 100
105
Bowery
25
140
145
115
Broadway
25 165 175
80
Brooklyn
l"?
175 190
Citizens'
20 115 125
City
70 115 120
Clinton
100 117 123
Commercial
25
50
33
49
51
Continental
100 205 215
167 169
E.agle
4(1
240
250
148
150
Empire City
100
80
118 130
85
Exchange
30
75
100
120 122
Farragut
50 109 115
140 142
Firemi-ii'a
17
85
90
German-American 100 230 230
25
Germania
123
50 124
137 145
Glolie
50 108 115
1121b
Greenwich
25 200 225
85
Guardian
100 70
75
137is
Hamilton
115
15 108
106 107
Hanover
50 125 130
Home
100 130 135
Howard
40 70
75
450
Jefferson
30 117 123
305
Kings Co. (B'klyn) .20 LIS 225
135
Kuiekerbooker
30
85
90
160
Lafayette (B'klyn) .50
'235
80
85
Long lal'd (B'klj-n).50 85
95
90 100
Manuf. & Builders' 100 103 110
115
Mech. & Traders' ... 25
35
45
100
Mechanics' (B'klj-n)50
75
80
122is
•Mercantile
50
58
63
102ia
Merchants'
50 110 115
Montauk
(B'klyn).. 50
90
100
65% 56% Nassau (B'klyn)
50 145 150
164
National
37ia
90
85
222 130
N. Y. Equitable
175
35 105
150 170
New York Fire
75
100
70
Niagara
50 145 153
North River
110
25 103
Paciflo
170
100
2
Park
100 100 105
7%
Peter Cooper
160
20
150
31
32 14 People's
110
50 105
20
22
Plienix (B'klyn) ....50 134
138
714
8
Rutgers'
120
25
115
4ij
4
105
Standard
50
100
61
Star
70
100 60
31a
SterUng
60
100
50
Stuyvesant
25 110 115
122 126
United States
25 133 140
140 145
125
Westchester
10 120
97
93
Williamsburg City.. 50l 230 240
Assessment paid.
. .
.
.
March
-
1
:
THE (JHRONICLE.
6, 1886.]
%nvitBtvxtut
^
Dednoc
803
.,
..
w
bilance .In lottle
nont
ofolalmiiandoldBOOounla.Ao.
tm
||»tlv0aa %nttlliatut».
ANNUAL REPORTS.
1884.
$I,030,6M
proflt
and lOM Jan.
#119,734
12,191.630
IH.IIS.IM
$701 X7S
14To83,»t8
31.913,618,188
$1 >,032,018
914,734,193
1
Dm.
Balance profltandlnu
OKNKHAL HALAXOa DEORMIIKK
1884.
$
9
73,8t3,;4B.^
7S,003,2.53
{For the year ending Dec. 31, 1885.)
report of tho directors for the year 1883 is given
at lengtli on siibdecjuont jJiges. Some of the statistics of tlie
report have been much improved this year, particularly the
statement of monthly earnings and expenses contained in
" Abstract O " of the ollii-ial docuiU'^nt, in which tho cxixmihcs
for each month as well as the gross earnings are now shown
I
Comparative statistics of the operations and income account
have been compiled for the Chronicle as follows
OrE UTIO.N8 AND FISCAL BK9ULT8.
:
1883.
1,028
1884.
2,0U«
1885.
2.0(iU
—
$
2,693.943
8,460,461
1,507.305
2,747,221
8,664,959
I,6d2,rj63
2,749,910
7,902,043
1,538,850
2,852,439
8,145.920
l,62i,905
Tot. gross enm'8. 12,i61,70U
Operalinu expenses
1,348,214
of wiiy, Ac.
Mauit'i* of emilpTU't
1,118,341
3,604.893
Traueii'n & miisc I's.
13,004,743
12,190,833
12.621,261
1,493.984
1.124.2'6
3,817,071
1,384,553
1,127,074
3,616,8^5
1,407,69 T
1.24 9.079
4,009,854
6,071,448
6,590,261
47-95
6,435,271
6,629,172
49-25
6,128,512
6,002,321
50-27
6,620,6':9
PiuweoKer
JYetfjUt
Mall, express, Ac.
..
Maiiit'ct'
Total
Net earnings
P.c.ofop. ex.ttieam.
Ezcliidlug rentals
and
5,994,635
52-50
taxes.
INCOME ACCOUNT.
1883.
RteeipU—
Not earnings
Interest,
0,40(1,855
9,283,81A
3,70r),000
3,790,000
10,000
10.190
73,468
..iiincox
i
due
.11
&o
1884.
s
$
$
6,629.472
6,062,321
188,967
5,994,fl35
29S,009
202,228
Miscellaneous
Total not Income
1885.
121,206
270,627
65,906
7,129,707
6,372,494
6,3J1,228
1,891,538
1,787.316
1,901,038
Disbursements—
70
Binkg.
Real estate
Phlla A Tienton— Construot'n
Real estate
Other companies
Cash balance m Ixmdon
Cash in hands of agents
Caeb In hands of Treasurer
Total
538,750
546,900
544,400
3,300,000
559.980
632,529
2,720,000
545.209
219,913
250,000
165,138
2,720.000
Taxes
Conetniction accounts
Additional <'i|uipmcnt account...
6,234,566
137,928
6,331,178
50,000
Uiscelliineoiis
Total disbursements
Balaaoe, surplus
6,972,797
136,910
2,267,004
3,903,497
1,980,824
3,523,498
1,720,606
2,736,900
1,064,818
1,350,441
1,1.52,1'»8
2,19.1,910
2,
600,144
911,895
108,195
8,565,018
1,135,697
2,064,651
5,699,453
669.407
730.971
144,022
5,813,276
l,li5,352
2,017.986
3,910,948
763,999
171,291
6,916,707
1,114,867
2,446,658
3,800,754
1.032,193
(58,830
1,066.871
$
$
Capital stock
Funded debt
Mortirages and ground rents
Penn.sylvala Co. for Insuranee on
Lives, Ac," Tru^teertifleates."
Accounts payable, viz.—
Balances due other roads
Payrolls* voui.herK for December
9 1,777,85
94 777,8.10
5i),74iJ,153
1,821,027
62,092.603
1,876,320
65,718,581
1,449,115
9,143,000
8,734,000
8,366,000
584,477
6.^2,166
4,07i«,692
330,f6)
11,374,119
478,164
3,884,916
94,410
3.483
6,294,693
83,062
1,531
6,598,888
3,859,295
3,859,295
3,899,296
2,267,004
1,980,824
1,720,696
3,100,000
1,489,610
13,613,181
3,700,010
1,767,070
11,032,918
3,759,621
2,091.900
14,734,193
Eiiuljim'tof Un. N. J. Cos.. transferred with lease
Fund tor the purchase of securities guaranteed (trust ot Oct. 9,
mortgage bonds redeemed
Balimce to profit and loss
$
92.619,790
4,3 >9,056
61,59.)
Cash dividend unpaid
Dividend scrip outstanding
Sundry accounts duo other roads
Securities of the United N. J. Cos
transferred with the lease
556,074
518,859
20 1,41 1,6
!5
203,576,507 207,891,670
GENERAL INVESTMENT NEWS.
60,807
50
704 432
3,859,306
201,411,625 203,576,507 207,891,970
1883.
1884.
1885
Liabihties—
Total
leased lino certlflcatos
703,970
3.859,299
RR.
Construction
Consol.
lea-scd
Intt-rest
',336
3,860,296
viz.:
A Canal Co —
fund A redemption.
Uiiltod N.J.
1878)
incl. interest on bonds of
hues
on Illinois Central debt..
Dividends on 111 Central stock &
Bentuls,
10,000
39,190
.
aiithraciti. coal
lands
United N. J, Cos.
tran.-(f(rrod wlthleise
Eciuipment of United. N. J. Cos.
traiisrirr. d with lease
Fuel A material 8 on hand
BlIU anil accnmits receivable, and
amounts due from other roa<lH,
4,354,033
4,848,140
5.312,759
114,«87,724 113 33^,918 123,585 470 129,027,760
PiiBjuiiKoi- iiillcagn
3.538.5't2
3,MK),276
3,35»,085
3,587,270
Fr'Klit (iii») niDVfd.
Fr'8lit (fiis) iiiUmiKc 570,215,021 604,832,1)67 577,.542,939 623.3(>9.l2l
1-43 ots.
1-37 cts.
l'*** «'»
Ave. rate ¥ to" I* '"
)-olet8.
*
6,602,404
3,100.000
10,000
67,690
SocurltlcH of
4,75.",891
Eiirninga
30,160,691 32,507,743
58,968,560 58,991,910
In
(iHiirwlHeeuum't'd
including ailvanees,
Oprratin}\9—
Pa8.scii«er«cnrriid..
9
76,195,182
33,789,»4«
61,020,380
TiuKt created by
KU. Co. Oct. 9, 1878
fuud
ind ground rentals....
nslin't., ii.it
Man!ij;iT-4 of
I'.M.i
.md
..
:
Ccrnt
in detail.
Bo!Hlop«r'dDco. 31
1880.
.
The annual
1882.
1,908
31.
1883.
.
,
XssttsConstnict'n e(iDlp't, Ac., rallroada
iMtw. ,„ I'liif,, A. Piii«i,.,rg
Illinois Cimtrnl.
isai.
9363,1M
Sl,418,ft4i
Bttl.incfl
Add
1*88.
$603,4a3
.
Atchison Topeka & Santa Fe.— The gross and net earnings
December, and fcr the years 1885 and 188-t, were as below.
for
Miles operated Dec. 31, 1885,
3,898, against 2,344
Dec
81, 1884.
-December,Tear
PennsylTanla Railroad Company.
1884.
1885.
1881.
18?5.
(For the year ending December 81, 1885.)
Qross earnings .. $1,25 i.374 $1,235,082 $15,571,395 $16,291,883
580,690
70:),210
8,554,599
7,855,774
The full text of the annual report of Mr. G. B. Roberts, Operating expen.
President of this company, will be found on a subseqent page,
Net earnings
$572,684
$525,872
$7,715,621
$7,737,284
containing statistics of the traffic and earnings of the past year.
Buffalo N. T. & Plilladelpbia.— The committee for the reorThe earaings, general income account and balance sheet for
three years, as compiled for the Chronicle, are given here- ganization of this railroad company requests the. holders of
with, as they present an interesting comparison with previous the following bonds to present the same at the oiHce of
Messrs. Drexel Morgan & Co., who will purchase the same at
years.
par and accrued interest, namely: 6 per cent Buffalo N. Y.
BAR.N[h-GS OS ALL USES BOTH KA8T AND WEST OF PITTSBUEr, i ERIE.
& Philadelphia first mortgage bonds, 7 per cent Buffalo N. Y.
1883.
1885
1884.
Gross earnings
$105,653,532 $97,819,875 $92,994,549 & Philadelphia second mortgage bonds, 7 per cent Warren &
Operating expenses
68,917,036
64,434,317
61,690,901 Franklin first mortgage bonds, 6 per cent Oil Creek first
mortgage bonds.
Neteamlngs
$36,730,476 $33,4 5,558 $31,3>3,ti48
The gross and net earnings for January and for four
INCOME ACCOUNT OF PENS9YLVAMA BATLROAD COMPANY.
months were as follows:
The following statement shows the detailed income account
^ ,- Oel. I to J.in. 31
.
—
of the Pennsylvania Railroad Company for the yeara 1883,
1884 and 1885 the "net income" given in the first line being the
amount of income after deducting interest payments.
1883.
Net Income Penn. RE. Dlvi8lon.$ll,H43,432
NetlossNew Jersey Division ..
653,914
1884.
$10,185,529
1885.
$8,153,685
593,536
139,497
Balance
$11,289,516
tills balance of Income for
$9,591,993
$7,994,188
From
tlie je ir,tlie following
liav*' b'-en deducted
amounts
Adv.nnces to Pcnn.Co., $1,607,7(3. of which there has been
(haii,'e'l to Penn. KK. income
Payniriits to trust fund
Cousol. morig :gc redeemed
Allegheny Val. KR.— Diflclency
Fred.
Am.
Do
A Penn.
88.
Advances.
Lino RR.
do
Co.- To meet int. guar.
Do
Advances.
ments
1886.
..
.
Neteamlngs
.
1835.
$169,813
148,026
$154,281
133,574
$:i,787
$20,707
1885-36.
$826,0'^2
1884-85.
626,534
$764,211
571,141
$199,188
$193,070
New
Jersey.— At Trenton, March 2, Chancellor
Runyon refused to grant the application made by Mr. Gowen
some time ago for the re-opening of the Vail case, in which
the lease of the Jersey Central to Reading was declared null
and void. A decree in pursuance of tliis declaration was at
Central of
once issued.
$
600,000
280,860
251,520
409,490
1">,000
$
600,000
277,460
698,320
$1,000,639.
58.621
3-J4.830
7ul,.57(i
iB'.OOO
15,000
90,000
$1,736,370
$1,590,780
$^,190,666
$9,552,646
7,530.650
$8,001,213
6,560,787
$5,803,522
4,738,892
(7)
(5)
90,000
90,000
Balance to credit of income account after deducting all payDividends
Rate of dividend
January.
.
Gross earnings
Operating expenses.
(8ia)
Balance to credit of profit and
loss account for year
$2,021,996
—The
upon application of H. S. Little, President
Company, has issued an order
to show cau.se why the securities, amounting to $1,.500,000,
which, when the road was taken from the hands of the receiver to be leased to the Reading were pledged to the payment of the floating debt incurred by the receiver, should not
be sold and the proceeds applied to the liquidation of that
debt
The Reading assumed the debt, agreed to pay it within
iii months of the date of the lease, and put up the securitiee
Only a small part of it was paid. The order
as a guarantee.
Chancellor,
of the Jersey Central Railroad
is
returnable on the 12th
inst.
Chesapeake A Ohio.—The Cincinnati Times-Star
&
$1,440,426
$1,064,630
of Feb.
Ohio Railroad
25 says about the intention of the Chesapeake
it
to build a bridge over the Ohio River at Cincinnati: "
Now
:
:
—
;
;
THE CHRONICLE.
304
within a
certain that the bridge will be built, and that
the foot
short time. The bridge will come into Cincinnati at
Ohio Co. owns conof Smith Street, where the Chesapeake
will be
siderable ground, and from that point a direct route
taken to get into the Grand Central Depot."
& Atlantic— complaint has been filed in the
is
&
A
Chicago
United States Court by the Farmers' Loan & Trust Company
Railway Company, asking the
Atlantic
against the Chicago &
appointment of a receiver and the sale of the road under
foreclosure of the first mortgage on it. The coupon interest
actually due upon the first mortgage bonds, not includmg the
coupons taken up by the New York Lake Erie & Western
The road was mortit is upon this
Raifroad Company, aggregate $585,000.
gaged in November, 1884, for $6,500,000, and
that the interest hae been defaulted.
Western Company.
arose Karninqs.
1885-86.
1881-85.
.
October
&
Clereland Columbus Cincinnati & Indianapolis.— The
annual meeeting of the stockholders of the Cleveland Columbus Cincinnati & Indianapolis RaUroad was held at Cleveland,
March 3d, President Devereux's report for the year ending
December 31 shows
1884.
$3.811, 711 Dee. $143,303
63,187
2,756,749 Dec.
1885.
...
$3,669,438
2,693,562
SeteaminKS
Interest, rentals, taxes, &e.
$244,521 Dee. $126,516
$117,975
Smpliui
$7«,116
47,430
SI ,054,992 Dec.
810,471 Ine.
$975,876
857,901
.
Kel Karmngs.
1885-96.
1881-85.
.
$1,867,857
1.703,338
1,570,385
1.315,143
$671,410
609,«74
515,360
302,308
$627,842
187,825
350,313
170,638
Total 4 months... $7,297,665
$6,457,023
$2,102,052
$1,636,618
November...
neoember
January
New York & New England.—The
gross and net earnings
for the fiscal years 1884-85 and 1885-86, by months,are as follows:
.Gross Earnings^
Net Earnings
.
,
1884-5.
1885-6.
$339,n65
309,743
311.016
268,265
1831-5.
$.'506,734
251,121
239.040
230,120
$155,725
129,183
98,409
84,992
$105,710
68,304
57,020
49,722
Total 4 months. ..$1,228,989
$1,030,624
$166,309
Outober
November
December
January
New York Ontario & Western.—This company
$280,758
reported
is
have made a negotiation of its first mortgage bond i with
Kuhn, Loeb & Co., which will enable it to liquidate itj floating debt and to vaake permanent improvements.
to
—
:
QroB8 earnings
Operating expenses
,
$1,980,618
1,912,526
1,872,887
1.531.601
1885-6.
& Northwestern.—This company
Parkinson
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 &
,
has sold to
Burr, of Boston, $1,200,000 Fremont
Elkhom & Missouri Valley Railroad first mortgage 6 per cent
bonda. These bonds were issued to extend the road.
Chicago
Messrs.
[Vol, XiAl,
Norfolk & Western. The gross
1886 and 1885, were as follows
and net earnings for Jan.,
:
Tanuary.
.
18S6.
Gross earnings
Operating expenses and taxes
$229,254
126,794
$77,667
$102,460
Netearnings
A loss on leased lines of $675,419 is reported for 1885,
,
1885.
$218,907
111,240
—
which
Northern Pacific. The Northern Pacific RaUroad has won
would leave a deficit for the year of $557,444. The bonded an important land suit, which will place in the treasury a
debt was increased $170,100, and is now $10,517,000. The large sum of money. In 1875 a dispute arose betsveen the
company has no floating debt, and the property is in the best Northern Pacific and the Manitoba Company as to the title of
physical condition. The Cincinnati & Springfield failed to about 600,000 acres of land at a point where the two roads
earn charges by 174,829, and the Ind. & St. Louis by $500,590. cross each other, and a suit was begun in the courts. By an
Colnmbus Hocking Valley & Toledo. A statement of agreement tbe land was put in possession of a trustee, who
earnings and expenses for the year 1885 has just been issued, was authorized to sell it and deposit the money for the benwhich is printed below in comparison with the returns made efit of the party winning the suit. The fund arising from
for the year 1884. It will be seen that the net earnings the sale of land amounted to $600,000, which is invested in
increased from $604,818 in 1884 to $1,046,205 in 1885, a gain of Government bonds, and there is about the same sum due from
—
Besides this there are some 200,000 acres unsold,
to be worth $10 per acre.
The Court yesterday decided that the Northern Pacific Company was entitled to the land.
The case may be appealed, but the victory
is now entirely with the Northern Pacific Company.
settlers.
$441,387.
which are estimated
Revenues.
1884.
1885.
Passenger
$390,994
$357,278
Freight
1,295,069
43,978
1,755,733
43.862
2,583
115,130
151.555
Mail and express
Telegraph
Miseellaneons
Ohio
&
$1,845,172
—
The gross and net earnings for Janu
Chronicle, were as foUows:
Mississippi.
ary, reported for the
Total
$2,311,003
January
'
£xpenses.
1884.
Maintenance of way
$269,418
131,537
641,143
198,554
$2.")6,30.1
$1,210,654
$601,819
$1,261,798
$1,016,205
Motive power & oars
Transportation
General operating
Total
Net revenue
|
1885.
159,531
736,701
112,191
Gross earnings..,
Operating expenses
Net earnings
—
%
1886.
1885.
$371,180
213,330
$300,300
226.391
$60,850
$73,909
Oregon Short Line. The gross and net earnings for De
cember, and for the years 1884 and 1885, were as follows
:
December
.
1885.
1881.
.
,
Tear.
•
1885.
.
1881.
DenTcr & Rio Grande— Denrer & Eio Grande Western.— Gross earnings
$155,465 $93,483 $1,833,190 $1,059,200
The Philadelphia Press reports It may be positively Operating expenses
125,571
77,105
1,275,231
770,560
stated that the troubles between the Denver & Rio Grande
Netearnings
$29,891
$16,378
$557,959
$283,610
and the Denver & Rio Grande Western railways are
on the verge of settlement.
Pennsylyania Railroad. The managers have proposed
The preliminary "agreement has already been signed, and all the parties in interest that authority be granted for the issue of $15,000,000 new
display a candid desire to carry out its terms. The basis of stock. This issue of stock, it is said, is not needed for any
the agreement is the payment of all just claims owing by the special purpose, but the previous authority given by the
Denver & Rio Grande, and the terms are such as to make it to shareholders to issue stock having been exhausted, it was
the interests of both roads to work harmoniously in the future. deemed advisable to have additional sanction conferred upon
:
—
Eock
A
Mississippi River & Texas.— circular was
^ued at Little Rock, Art., this week, announcing that E. H.
Winchester and John Reed had been appointed trustees of the
Little Rock Mississippi & Texas Raih-oad, representing
the
interests of the holders of the first mortgage bonds.
These
gentlemen have taken possession of the road, and have appointed as their agent Henry Wood, General Manager of
the
valley route.
Little
lonisTille & NashTlUe.—The gross and net eammgs, by
^
months, are as foUows
'
iSfniJ^
'•""ST
"*"• ^^-
Total for 7 mos.
—
Earnings.
.
Ifet
.
isas'fl
*^,'??6-i78
1,050,021
$7a06,2!io
1,170,749
arnitigs.
$2,619,530
371,813
,
$3^1ll;?56
4561980
$7,886,499
$8,276,969 "$3,061,373 $3,57?,13C
During the seven months in 1885-6 $161,311 were spent in
construction, and not deducted here from net.
Memphis & Charleston.—This company, it is said, has sold
to Charles M. Whitney & Co. the entire block of
$1,000,000 6
per cent general mortgage bonds.
Mexican National.—The following are gross and net earn-
ings for the quarter
^3
and year ended Dec. 31
moa. end. Dec. 31
1885.
1884.
•n-^.
,
$322,556 $337,119
S?2S?2"°*°K"
Operating expenses.... 293,958
285,113
Net earnings
$28,598
.
1885.
$52,006
* Western.-The
.^^'^J**'^ .'''''* ^"^•8
'""^ ^°"''
Tear
.
$1,321,627
1112,735
$208,892
1881
$1,363 178
1215 169
$117,709
statement of gross
months of the current fiscal year
if„i?f
18 given below, by months,
and the gross earnings include 68
^'°^
the board at the annual meeting of the shareholders to be
held March 9.
—
Philadelphia & Reading. Nothing definite has transpired
any later negotiations of the syndicate, and beyond the
important fact that Mr. Austin Corbin has joined the syndiThe Philacate, nothing of the details has yet been issued.
delphia Press said that Mr. Austin Corbin, who was interested
with Mr. Gowen in the recent purchase of Reading stock,
signed the syndicate agrenment, taking in it an interest of
as to
$1,000,000.
On Thursday, March 4th,
the syndicate issued the following:
In view of the luUrsprosentations publicly made respecting the pressent condition of the syndicate formed for assisting in tlie reorganization of Reading Railroad and coal properties, we wish to make the fol-
lowing
otfloial
statement
1st. Neither Mr. Corbin nor Mr. Gowen waj ever applied to, directly
or indirectly, by any one having any authority from us or any member
of the svudioate, fithor to join in the syndicate, to assist it, or to approve
Its measures or object.
2d. No change will be made in the policy of the syndicate owing to
The syndicate
Mr. Corbiu having become one of its members.
adheres to its original plan, and that, as stated In the original letter to
To secure the reorganization
tlie Reading Reorganization Trustees, viz
on business principles for the Reading Railroad bondholders, stootholders and creditors, without prejudice to the relative position of
either, and in their interest only, in harmony with the other coal properties and the trunk line aitupt'on.
3d. We believe that in Mr. C^-om and his friends we hare influential
and powerful allies who, haringjolned the syndicate, will do everything
on
ill their power to assist us in carrying out the reorganization based
the policy set forth in our letter of February 11th, addressed to John
B. Garrett, Chairman, to which all members of tlie syndicate art
J- Lowiikr Welsh,
pledged.
J. Pieki-ont Morgan,
(Signed)
:
—^The
John
O. Bui.htt.
following communication received from Mr. Gowea
on Friday states his position in regard to Reading affairs
'
llABCU
THE CHKONICLE.
6, 1886.]
lb l/U Mdilor of the Financial Ohroniele :
8iu :— T(> rtMiiovo iiilsm>iiaei>Mi>ii iiboiit tho
powprof
llii>
pauy, iionnll
Kr«r-
III
value and earntiiK
BewllDg lUllroad Cum-
poitttlon.
proiicrty of tlio riuladclpblft ii
iim« to any
:
New Jeruy
IM-is tlio Kallroud. ('.>al& Iron aiulOentral
ruail coiiipiiiiU's'
Rall-
inudo uet carnini^ e<|ual to 4 pur
|iroi>('i'Ui-a toK><tlH>r
ceBt npon llir ii).'K>«Ki'l« uiiiiiuiit of tliclr united debt nnd rtlmrnoKnl'
told, und tlioroi i>r ;iU otliur l«u.H»l linos of rnllromU and ouuuIh: In 1nm:i
tbey iiiikI'' "t.r (> pur ('l^nl upon au ec|iial amount and the averuKo of
'!>» Ini" Ix'iMi over 5 pur cent.
thp
lloK tlio trafllo of the Cuniral Railroad of New Jorney,
S,,
n iy lut cariiluKs (aftor payment of full rentals) of Railtho av.
companies for the last flvo years has been e(|nal
Cijul
.V
Iron
road aiiil
to 5>4 per (lint upon the proHont total funded and Uoatlog IndebteduiiHs
held
by the public.
c'oini'iiili'S
of bolli
•
.MX) per aorc (a price which other oompnnleg would reTh'
ropertv) the coal lands of the company would pay thr
fumi
lr^.s»ot tiotli cumpanies held by the public; leaving the
entin
rallroail pruucrLy and plant to represent the abure oapltal and deferred
Income bonds.
Fourth- A. (Inanclal re-orKanlzatlon can be made, protecting nil
Interests In due order of priority, Involving neither fiireolosnre nor
forcible aBsesements. prcHervIng the iudeiienaence of the entire property Intact and piovldluK sulllcient cash capital to pay lloatlng debt.
i'lf/A— The maniijiers of the company are delaying action In deference
to the lle-organl/.alion Trustees, who arc In conimiinleatlou with a
syndicate of capitallfts, and whose plan of reconstruction. expcctiMl
shortly to appear, If uiiobiectionable in essential features, will un1
i
1
douliledlv bi' approTed by tlio managers.
A'lXA -f'Imuld llieplan of the Re-organi«atlou Trustees be ob.lectlonable In essential features (which I have no reason now to expect) or
should Its piilihcntiou bo delayed so long as to prevent the company,
under it, ivxercming the option of retiring the general mortgage during
the present year, tho managers will, in due time, issue a plan, already
prepared, ciiiliinclug tlio piovisions referred to In the fourth paragraph
of tills letter. Very respectfully,
Franklin B. Qowbn, President.
New Yohk, March 5, 1886.
—The
&
result of the joint operations of the |Philadelphia
Iron Company in the month of
January, (hf second month of the fiscal year, (including Central of New Jersey Railroad, leased), was an increase of $278,788 in gross earniiiKS and an increase of $63,530 in net, compared with January, 1885. For the two months from Dec. 1
there waa an increase in 1885-t5 of $826, 191 in gross earnings
and $802,906 in net compared with the same period in 1884-5.
Orosa Rtceipls.
Set Receipt).
ISS.Va.
1SH4-5.
1883-6.
1884-5.
December
$3,937,787
$3,390,381
$1,110,833
$471,l.i7
January
'.{,691, 1.5.5
2,969,943
006,085
542,555
&
Reading Railroad and Coal
.
Total2uios
,
$0,907,730
.
.
$0,031,539
$1,716,918
$1,414,012
Komo Watertown & Ogdensbarg. —This company makes
the following statement for January and for four months:
January.
.^Ocl. 1 to Jan. 31.-N
.
1885.
1S86.
Gross earulngsand rents.... $124,577
Operating exp. and taxes
94,584
Netcarnings
$29,993
1885-6.
1884-5.
$114,937
83,960
$630,375 $586,256
404,561
382,410
$25,977
$225,814 $203,846
St. Louis Kansas City & Northern— Wabash.— Thomas
McKissock of St. Louis has been appointed receiver of a
branch of the St. Louis Kansas City & Northern Road lying
between Omaha and Pattonsburg. The road belongs to the
Wabash system, and the mortgage is foreclosed by the United
States Trust Company.
Sonora.— The gross and net earnings for December and for
the years 1884 and 1885, were as below
:
December
'
1885.
Gross earnings
$23,573
Operating expenses... 20,765
Net earnings
-Tear.-
,
1885.
1884.
$295,108
242,487
$220,."i54
$726
$52,621
$2,808
—The following
is
257,523
loss
$30,909
a compara-
tive statement of the earnings, expenses and fixed charges of
this company for ten months from March 1 to Dec. 81,
The
total mileage was 4,667 miles in 1885, agains 4,585 miles in 1884.
yrarchl
.
Orota earnings—
to Dec. 31.
1884.
,
1885.
system
Atlantic system
$19,489,491
6,507,697
$17,122,616
7,851,258
Total gross
Net earnings--
$25,997,183
$24,973,874
system
Atlantic system
$9,888,552
2,290,023
$9,829,060
3,475,169
$12,178,575
$13,304,229
415,937
Papiflo
Paclflo
Total uet
Rental Mojave Division
Total net inoome.
*Fixed charges...
Net
$13,720,16S
11,407,400
profits
$2,312,768
523,280
Construction and improyementa.
Balance
•
$1,789,488
These include Interest, rentals,
Texas &
St.
Louis.— At
C. P.
guarantee, taxes and U.
S.
dues.
Louis, Feb. 27, the Missouri and
Arkansas division of the Texas
St. Louis Railroad was sold
at public auction to Mr. Smith, representing the bondholders
of the road, for $7,401,000. G. H. Tenbrook, of New York,
representing Eastern capitalists, offered $7,400,000.
—The Farmers' Loan & Trust Company gives notice that, in
accordance with instructions receired from the bondholders
committee of the Texas
St. Louis railway companies, acting
under a plan dated Aug. 28, 1885, proposals will be received
until Thursday, March 11, 1886, at noon, for all or any pwt
of $900,000 first mort;;age truit certificates of those provided
for by tho above-mentioned plan, represented by subscription
certificates issued by the Farmers' Loan
Trust Co. for account of the committee.
St.
&
&
&
Union Pacific— In the Court of Claims at Washington,
Chief Justice Itichardson delivered the opinion of the Court in
the case of the Union Pacific RaUroad Company, in which it
West Shore.— Messrs. Droxel, Morgan & Co. are about to
up their transactions with West Shore bondholdem, by
delivering, on the 15th instant, the first mortgage bonda Ik
place of their certificates of Aug. 1, 1885. Their official circular
finish
on the subject
is
as follows:
Wall Street, New York, March 8d, 1886.
To the holdersofour receipts for first mortgage bond* ofth*
New York West Shore <£• Buffalo Railway (Jompanu.
Referring to our circular of July 25, 18HS, under the terras
of which your bonds were deposited with ug, we deem it
proper to state for your information what action luus been
taken in pursuance thereof.
For the purpose of bringing about a re-organization under
the New York West Shore & Buffalo Railway Company's
mortgage, foreclosure proceedings were vigorously pushed, and,
38
in furtherance of their object, a satisfactory settlement waa
arrived at with the North River Construction Company and
others, who held claims superior to, or in conflict with, the
lien of the mortgage.
As a result, a decree of foreclosure was
speedily obtained, and the property was sold on November 24,
1885, to a committee of re-organization acting on behalf of the
bondholders.
On the 5th of December following, the property was reorganized under the name of the West Shore RR. Co., on the
basis contemplated in our circular, viz.: With $10,000,000
capital stock, and an authorized issue of $50,000,000 first mortgage 4 per cent bonds, to mature in 475 years from January 1,
On the same date a lease of the line of railway and
1886.
other property of the reorganized company was made to the
New York Central Hudson River Railroad Company for a
like period (with privilege of renewal for .500 years), and the
last-named company executed its agreement of guarantee of the
principal and interest of the $50,000,030 new West Shore bonds,
the guarantee being also indorsed on the bonds themselves.
The capital stock of the new company was delivered to the
New York Central
Hudson Elver Railroad Company, in
consideration of such guarantee and lease.
Of the said $50,000,000 of bonds, $25,000,000 were set apart
to be used in exchange for the old New York West Shore
Buffalo bonds (of which $49,888,000, have been deposited under
the terms of our circular of July 25, 1885), and the remaining
$25,000,000, or their proceeds, have been used for the purposes
of (1) re-organization, (2) providing the receivers' certificates
and other liens ahead of the old morgage, (3) carrying out the
settlement with the North River Construction Co. and others,
(4) purchasing the rolling stock, which had been heretofore
held under vari us car trusts, and, finally, (5) acquiring the extensive terminal property at Weehawken, which belonged to
a ssparate companv, and on which there was an independent
bonded debt of $10,000,000 outstanding.
have also completed negotiations with the New York
Ontario
Western Railway Company, by which material
modifications have been made in the original contract between
the New York West Shore
Buffalo R'y Co. and that company. Under the contract as it now stands, the line between
Cornwall and Weehawken was surrendered to the reorganized
company, and is now operated by the New York Central
Hudson River Railroad Company, as lessees of the West Shore
Railroad. In consideration of the modifications mentioned,
the branch line from Cornwall to Middletown was deeded to
the New York Ontario
Western Railway Company.
These various purposes having been accomplished, the new
West Shore bonds are secured by a first and oaly mortgage
lien covering the entire line of railway from Weehawken to
Buffalo (about 426 miles), as well as some 22 mil«s of branches,
all the rolling stock and other equipment of the company, and
(through the ownership of all its securities, lx>th siocliia and
bonds) the terminal property at Weehawken.
On the 15th inst. we propose to commence distributing, as
rapidly as passible, the new first mortgage bonds in exchange
for our certificates of August 1, 1885, which we issued to you
upon deposit of your bonds. In order to avoid unnecessary
clerical labor it is desirable that you should send us your certificates at an early date, and inform us whether you wish
coupon bonds of $1,000 each, or registered certificates (of $500,
$1,000, $10,000 or $50,000) ; if the latter, in what name you
desire to have them prepared.
In thus closing our trusteeship it is difficult to make
acknowledgments to all those for whose efficient assistance in
the ramifications of the business we are deeply indebted. It
is, however, proper under the circumstances that we should
make special acknowledgment to Chauncey M. Depew, Esq.,
Hudson River Railroad
President of the New York Central
Company, and Hon. Ashbel Green, receiver of the North River
Construction Company, who have extended to us in every way
their personal and official co-operation; also to Edward D.
Co., who for
Adams, Esq., of Messrs. Winslow, Lanier
nearly a year past has devoted almost his whole time to perfecting and carrying out the plan which has resulted in entire
success.
But for his activity and valued assistance, based on
information which he alone possessed, the difficulties of the
situation would have been {greatly enhanced. Yours very
Dbkxel, Moruan
Co.
truly,
&
&
&
We
1884.
$19,018
le,292
Southern Pacific Company.
805
held on tho authority of several daciaiona of the Unit«d
SUtes Supremo Court, that the ritrht of the Uoveromeot to
rotjiin under the Subsidy acts and the Sinking Fund
aot Um
whole coiu|>(>nmition due the company for senioea appUaa
only to couijHtnsation for services upon the 885 mile* of aided
I>ortion8 of its road, and not to tho 5,175 milea for the baildinK
of which the United Sutee furnished no aid, either by bonS
or by chartered rights.
in
&
&
&
&
&
&
&
THE CHRONICLR
306
ILLINOIS
[Vou xLn.
CENTRAL RAILROAD COMPANY.
EEPORT OF THE DIRECTORS TO THE STOCKHOLDERS
FOR THE YE4.R ENDED DECEMBER
Company from
traffic
The gross sum received by this
In 1^ the sum received was
The earnings of the lines owned by the Company
the leased lines in Iowa decreased $34,054 43.
The net earnings of the railroad in 1885 were
And
in Illinois
in 1884
1885.
*H'?5HS^
i>,,iyu,»dd
and at the S juth increased |464,485
08,
all
So
*l'son'^!
4,».U,.'i44 ii
sources were
:
4*776'l89 01
'
55;915 70
^yi!!^ii'l^^l^^'ll'll'l!^.^'y[[[lll'.'['.'.l^[ll^[[''.l\'l'..^l'."''.'.''.\.''.
New York
Offlc^:.
.:...:.
5J
aa
while the earnings of
•
V
from
The net receipts of this Company during the past year
Suiplus Dividend Fund, as shown in last report
T'^X
31ST,
during the past year waB
•....
^1^^
15,238,240 60
this fund there were paid
on debt and Bonds drawn under Sinkmg Fund
Rental Chicago St. Louis & New Orleans RaUroad
From
:
»~n, Ann nn
?^li'„Ji 99
Interest
L____
Permanent improvements
«2 075 191 26
^^^^^^^
._J548^59^7
^^
$2,614,190 07
Leaving
Out of which the usual semi-annual dividends of 4 per
been taken, amounting to
cent,
payable September
1,
1885,
and March
1,
1886,
have
2,320,000 00
$294,190 07
Carried forward to Surplus Dividend Fund, to be held applicable to the next succeeding dividend
The increase in operation expenses and the large amount expended on permanent improvements show that the physical
condition of the property has not been neglected. For the coming year a further expenditure of $551,500 for betterments,
chiefly in extending the double tracks and for additional equipment, has been ordered, and the construction of new engines
begun in the company's shops.
the leased lines in Iowa a further expenditure of $70,437 29 has been made for imorovements proparly chargeable
to construction, which makes the whole sum charged to Permanent Expenditures in Iowa $1,391,857 45. By the terms ot the
lease the lessor is to pay to the lessee the appraised value of such improvements at the expiration of the present lease of the
Dubuque & Sioux City Railroad (October 1887), and the first cost of all real estate furnished by the lessee, if the Illinois Central
Railroad Company shall exercise its option to surrender the lease. This company has, however, the option of renewing the
and
cars has been
Upon
on paying the present rental of 36 per cent of the gross earnings.
During the past year the loss to the Illinois Central by reason of the lease of the Iowa lines has amounted to $136,102 13,
without charging the Iowa Division with interest on the cars and locomotives used, valued at $603,750, or on the improvements made during the term of the lease, or with rent for the terminal facilities in Dubuque and in Chicago owned by the
EUnois Central Railroad Company. In 1884 the loss to the Illinois Central Railroad Company was $32,854 67 on a like basis.
In again bringing to the attention of the stockholders the unsatisfactory results obtained in lowi, your directors deem
it proper to explain how completely the conditions of railway busin-^ss have changed since these leases were made in 1867.
An immense immigration was then pouring into Iowa and the States beyond. Sioux City, the terminus of the Iowa Division,
was the chief entrepot for supplies on the Missouri River. No other railways than the Dubuque & Sioux City and its feeders
existed in the northern half of Iowa, excepting about 80 miles of the Prairie du Chien road running northward from
McGregor. There were then only 1,283 miles of railway in the State. Railroad charges had been advancing for several years, and
then stood at about four cents per mile for passengers, and three and three-fourths cents per ton per mile for freight, and
taxes were one per cent of the gross earnings. There are now 7,509 miles of railway in Iowa, and the rates are less than three
cents per mile for passengers, and one and a half cents per ton per mile for freight, white taxes exceed four per cent of the
gross earnings. Sixteen dififerent railways, controlled by other corporations, cross the low.i Division at different points,
forming, in several cases, shorter lines to Chicago and the East, and diverting business to such an extent that while ten years
ago the gross earnings of the Iowa Division were $1,850,127 67, they had fallen to $1,678,835 80 in 1885.
In 1881, the Iowa Falls & Sioux City Railroad Company began to take out of its income and set apart a fund to provide
for the c mtingency of a termination of the lease, and it is understood additions have been made to the fund annually ever
The Dubuque & Sioux City Railroad Company appears to have made no provision in this behalf until quite
since.
recently, when the directors recommended to their shareholders that no dividends be declared for two years, and that the
net earnings of the company be reserved to buy equipment and to pay for betterments. Thi-! action by the lessor companies
renders it reasonably certain that at the end of the lease the Illinois Central RUlroal Company will be able to collect
promptly whatever sum may be found to be due, as stipulated in the lease.
The net earnings of the West & East Railroad, the Canton Aberdeen & Nashville RaQroad, and the Yazoo & Mississippi
Valley RaUroad for the past year have been $107,822 96, thus giving, for the first full year of their operation, a return of fully
three and a half per cent upon the $3,041,114 49 which this company has invested in those railways.
The Yazoo & Mississippi Valley Railroad is being extended from Yazoo City to the Yalobusha River, about seventy
miles, with a branch to connect this extension with the West &
Railroad at Lexington, Miss. This brings your railway
within ninety miles of Memphis, to which point it is expected to extend the line during the coming year.
The outlays during the year on capital account not charged against income have been as follows:
lease in perpetuity
E^
South Chicago Railroad
Canton Aherdocn & Nashville Railroad
Yauoo & Misileslppi Valley Railroad
lowaDlvlalon
S13
'>0S Sij
lo'2i6 S9
14q'7-;o 30
70 437 29
V.V.'.V
!»243.663 46
In view of the large number of eight per cent bonds
of the Southern Division, amouating to $3,210,500, falling due
during the coming year, your Directors decided to issue
four per cent bonds under the mortgage executed by the Illinois
Central Railroad Company August 10, 1874, in lieu of
selling the Chicago St. Louis & New Orleans Railroad Company five per
cent bonds which are in your treasury.
Four per cent bonds, to the amount of $1,500,000, have
been sold at a premium, and payment received in cash since the
first of January, 1886.
The bonds do not appear as Uabilities, nor their proceeds as assets, in the accompanying balance sheet
and exhibits, which, with the reports of the General
Manager and the Land Commissioner, show the details of the comoany's
business for the past year.
w^p^Avi-^^^^^^'
WATTMWD
TTTTTnir-xT
8IDNF? WEBSTER,
wfSJt,?t?^'
SIDNEY
New
York, February
17, 1886.
ROBERT GOELET,
S. VAN RENSSELAER CRUGER,
WILLIAM H. GEBHARD,
ABRAHAM
R.
VAN
NEST,
JOHN ELLIOTT,
STUYVESANT FISH,
EDWARD
WILLL4.M
H.
HARRIMAN,
WALDORF
ASTOR,
LIRECTORa.
MABra
THE OflRONICLR
1888.1
e,
807
CONDENSED BALANCE SHEET.
Permanent Rxpendilum.
On
niliioiii
Central Rnllroad
933,,000,000
0:i 8i>rlni;n«l(l nirtaion
I,,600.000
On MliUllr Division
OnSniitli Chicago Railroad
OnSoutlirrn Division
1,,432,858
200.940
28,,000,000
West A Eii8t Railroad
Clinton Atienlcon & Niishvlllo Railroad
Ya/JH) * MiseissippI Valley Railroad ...
On
On
On
On Iowa
141,000
1,,892,639
1,,007,474
1,,391,887
Division
Worklnt; Stock of auppUea
484,085
Not anaols, New York
Net 8wiel«. Chicago
,146,0,57
Aasets In Insurance
231.256
24,307
Fund
00
00
Capital Stork tUlnoU Cent.
Funded debt
Past due and
03
94
00
00
82
07
45
26
80
98
06
BR. Co •20,000,000 00
10,018,000 00
1. 0. RR. Co.
18,000 00
do
called b'de
Capltel Stock O.
St. L.
* N.
Fanded Debt
Pact doe St called b'da
O.
do
do
Set apart to provide for dividend payable Mar. 1, 1886
Surplus Dividend
Fund
00
28,000,000
00
1.160.000
00
294.190 07
Profltand Loss
,
Fund
Insurance
$39,036,000
RB.CO $10,000,000 00
17,907,500 00
2,500 00
6,045,181 78
24,307 0«
$73,5.59,678 91
$73,569,678 01
APPLICATION OF INCOME.
Bnrpliis Dividend
Fund December
31. 1884, as
shown In
„
last report
Net UeoelptH from Oiii'nition of Kallwayln 1885
Net Kocoiplr* of L'.ind Ollicc
Net Rkikiits in Nkw York—
Intercut. Dlvidinds. Premiums on Bonds sold, Ac
Lotii I'lxcd Cliurges of
Railroads, the
$294,138 7t
,
$4,776,189 01
56,815 70
,
$270,627 13
»..
eomlUKS of
wliloh
are Included In
IlllnoU
Central earnlnus:
South (niicago
UR
00
00
00
00
00
500 00
$8,750
7,500
100,000
46,410
5,480
We8t A Kant KR
Canton Aberdeen & Nashville KR
Yazoo A Mississippi Valley RR
Now Orleans Belt
Kosciusko Branch
KK
168,630 00
$101,947 13
10,050 05
Oatns from Sterling Exchange.
6rpr cent Bond Coupons,
April and October, 1885
6 per cent Sterlinj,' Sinking I'und Bond Coupons, April and October, 1885
Bond
June and December, 1885
percent
Stcrlinx'
uoupons.
5
6 percent Bond Coupons, .Inly. 18 '.'i, and .January, 1886
on
Middle
Division
Bonds, February and August, 1885
5i>eroent Interest
111,997 18
$150,000 00
200,000 00
5lt,000 00
96,000 00
48,400 00
Central 5 per cent SterlinR SinkiuK Fund Bonds of 1903, drawn for payment
8 per cent M. C. 2d Mrtrtgagci Bond Coupons, February and Auirust, 1835
8 per cent N. O. J. A Gt. N. Ist AIortj;age Bund Coupons, Julr. 188i, and January. 1386.
8 per cent N. O. J. & Gt. N. 2d Mortgage Bond Coupons, April and October. 1885
7 per cent C. St. L. & N. O. 1st Mortgage Bond Coupons, .May and November. 1885
6 per cent V. St. L. A N. O. 2d Moi'tga«e Bond Coupons, Juno and December, 1885
5 per ctiii C. 't. L. A N. O. Gold Boiid Coupons, Juue 15 and December 15, 1885
Dividends on Leased Line Stock, July, 1885, and January, 1386
Preiniuius paid on Sterling Coupons
Salaries of Trustees and others
4,944,101 89
$5,238,240 60
544,400 00
80,000 00
Tllinols
44,840
212,480
118,640
93,000
4,~00
591,225
400,000
00
00
00
00
00
00
00
6,6 -iO 76
4,125 50
1,480,791 26
Dividend, September, 1885, on Illinois Central Shares.
Dividend, March, 1886, on Illinois Central Shares
1,160,000 00
1,160,000 00
2,320,000 00
Construction Account In Illinois
Construction Account Southern Division
344,225 88
204,633 39
548,859 27
Surplus Dividend Fund, applicable to next succeeding Dividend.
4,944,050 53
$294,190 07
PERMANENT EXPENDITURES.
Central
Proper.
Illinois
Southern
Springfield
hivition.
Total in Illinois
and on So. Div,
IHvieion.
Town
JHtiiUm.
Total
WhoUlAne
OOKSTRtTCTION—
Euirineerlng
Bridging
Water Works
Sidings
Guards and Crossings
Cattle
Fencing
$885 93
$287 86
1,392 83
150,024 00
11,672 09
581 35
3 78
871 02
13,936 44
107 99
5,465 75
9,318 85
21,078 03
36 50
653 40
87,609 76
104.609 43
563 11
2,046 05
87,609 76
104,609 48
$287 86
63
84
82
70
01
308 43
7,384 81
8.656 77
6,130 80
32,515 85
96,359 69
809 20
713 88
1,771 82
1,541 94
563 11
2,046 05
87,609 76
104,609 48
6.796 32
30,044 94
6,796 32
30,044 94
6,796 32
30,044 94
$^,784 62
2,188 25
9.983 44
1.590 48
23,403 45
83 86
Station Grounds
Station Buildings
10 00
,..--...,...,
Lake Shore Protection
8,656 77
Iron Ralls
Steel Ralls
Ballasting
Right of
42,026 36
114 30
Way
Masonry
713 88
1.771 82
WideniUK Roadway
Filling at Weldon
Filling at Car Works
Killing at Salt Creek Trestle
Second Double Tracks
563 11
2,046 OS
Thirt<enth Street Pier
New
New
Freight Cars
Sleeping Cars
Total
$327,997 03
$16,228 85
$204,633 39
Chakgri) to Income—
Illinois Central Proper
SpringHeld Division
Total in Illinois
A New Orleans
NEW
6.130 80
32,515 85
23,936 65
$548,859 27
$70,437 29
11.533
153,351
23,049
1,692
41,518
$619,296 56
$548,859 27
....T.
........."......................
X
$2,341,000
612,160
1,364,506
485,826
$341,4.18
all
other liabilities
$619,296 50
YORK.
Railroad Co. 5 per centOold Bonds of 1951. at par
do
Stock, unpledged, $6 10,200, at 80
I«8g Lliinil.ITIEB—
Coupons and Dividends due January 1. 1886
Coupons and Dividends overdue and unclaimed, and
112 83
1,048 04
70,437 29
ASSETS,
.
508 36
92 22
3,596 77
809 20
713 88
$344,225 88
204,633 39
Charged to Permanent Expendltnree, Iowa...
Do
do
„
Cash and Loans on Collateral
Other Assets
1,139 59
$327,997 03
16,228 85
,
Bonthern Division
CliioagoSt. Louis
72,422 94
$1,3.56 18
1,771 82
1,541 94
1,541 94
B<3mr.MKNT—
$287 86
10,177 45
25
22,541 46
1,600 48
37,921 24
19.5 60
6,336 77
8,656 77
l.'52,212
00
00
64
80
94,603.293
44
456.635
M
$4.14«.6.'--7
80
00
11»,177 64
THE CHRONICLE.
308
[voi,
xui.
THIRTY-NINTH ANNUAL EEPORT OF THE PENNSYLYANIA RAILROAD COMPANY.
IH
'^
Office of the
PENNSYLVANIA RAILROAD COMPANY,
Philadelphia, March
Ist,
1886.
)
[
)
The Board of Directors submit herewith their report for the year 1885.
MAIN LINE AND BRANCHES, PHILADELPHIA TO PITTSBURG.
Earnings
$27,667,405 83
Expenses
_17.220,634, 28
Net earnings
Add Interest from
(in cash), also for
Investments
$10,446,771 55
4,853,069 74
use of equipment and from other Items
$15,299,841 29
7, 1 46, 156 18
Total
bonded debt, State tax on dividends, and
Deduct rentals paid branch roads, Interest on equipment, interest on
o'Jier
items
Net Income Pennsylvania Eailroaa Division
$8,153,685 11
PHILADELPHIA TO NEW YORK AND BRANCHES.
Earnings
Expenses
•
i
$4,395,617 15
304,806 60
Net earnings from oper.itlng
Add interest from
Investments
$4,700,423 75
4,859,920 58
Total net earnings
Deduct payments on account
Net loss under the
of dividends, Interest on equipment,
lease of United
$14,655,371 28
10,259,757 13
New Jersey
Railroad
&o
& Canal Company's property
159,496 83
$',994,188 28
Balance
PHILADELPHIA & ERIE RAILROAD.
$3,292,253 44
1,999,373 43
Earnings
Expenses
Net earnings
Deduct Interest charged
for uee of
$1,292,880 01
193,892 87
equipment
Net earnings payable to Philadelphia
& Erie Railroad Company as rental
$1,098,987 14
SUMMARY.
H
Net income Pennsj'lvanla Railroad Division
Net loss New Jersey Division
Balance after deducting loss on
$8,153,695
159,496 83
New Jersey Division
$7.9,14,188
From this balance
of Incoraofor the year
following amounts have been deducted:
lie
23
$7,994,188 28
Payment to fund for the puschase op SECtJBrriES gcakanteed by the Pennsylvania Baileoad
Company
Amount advanced to the Pennssylvania Company during 1883, $1,667,732 61, to enable ittoineetlts
obligations to its leased Unes, and tor other purposes, of which there has been charged to the
Income of the Pennsylvania Railroad Company
Pennsylvania Railroad Company's Consolidated Mortgage Bonds, siuklng fund account
Allegheny- Valley Railroad Company—
Deflcienoy in meeting Interest guaranteed by the Pennsylvania Railroad Company
Fbedebick & Pennsylvania Link Railroad Company—
Deflciency in meeting interest as per contract with the Pennsylvania Railroad Company
$58,631 43
1,000,639 58
324,830 03
701,575 03
15,000 00
AHERICAN
STliAMSIIIP COMPANY—
Interest guaranteed hy the Pennsylvania Railroad
Company
90,000 00
2,190,666 01
Balance to credit of income account, after dednellng therefrom all payments during 1883 for which your
ble, and that should be charged against Income account
Out of which was paid dividend of five per cent
Leaving a balance of
Deduct balance in settlement of sundry accounts and amount charged
Total amount transferred to credit of profit and loss for
Add amount to
credit of profit
and
loss
December
31,
tlie
off for
Company was
responsi-
$5,803,522 27
4,738,892 50
$1,061,629 77
363,354 89
depreciation
year 1885
$701,274 88
14,032,917 97
1884
Balance to credit of profit audioes December 31, 1885
$14,734,192 85
The foregoing statement shows that, after a payment of a dividend of five p?r cent, amounting to $4,738,893 50, there
remained a balance of $1,064,629 77, from which was deducted the sum of $363,354 89. properly changeable to profit and loss,
leaving the net amount carried to the credit of that account for
1885, $701,374 88, and making a total credit at the close of the
year of $14,734,193
85.
The large reduction
in the gross and net earnings of the main line is the direct result of the extremely low rates that
prevailed during the entire year. Notwithstanding the fact that over ninety per cent of your tonnage was local, yet
the
rates obtainable on that traffic are necessarily reduced
in harmony with those prevailing on the through business, and therefore your revenue does not show the improvement
that might naturally be expected from the development of the local
traffic.
The large annual increase in both the freight and passenger business of your lines offers the best assurance of their
prosperity when remunerative rates can be obtained.
The United Railroads of New Jersey also show an increase in both freight and passenger traffic; and while
for tho
reasons already stated there was no increase in
the gross earnings, the reduction in expenses enabled that division to show
better results than for 1884.
The Philadelphia & Erie Division shows a large
gain in local tonnage, but a loss in passenger
there was a marked decrease in both gross
and net earnings, it was able to provide for its fixed charges.
There has been expended for construction,
equipment and real estate as follows:
"
Pennsylvania Railroad and branches
United Railroads of New Jersey ..
Plilladelplda& Trenton Railroad
".'.".'.".".'.'.'.".'.".'.'.'.'.".".'.'.".'.
^L
r"*"**°*'°°**'° '''»"•''> »''*«»'='"«'-y»»«' operated by the Company
J"''™''''"'*".'*
Advances
on account of construction of new branch and
auxiliary lines
^^
on
u..ai...
and although
traffic,
__
account of these advances there has been received
from somo'onYie companies to
c»s'h.\''.'.'.'.'.'.'.".'.".'.'.'.'.'.'.'.'.'.'.'.'.'
$480,551 33
2,6:6,471 46
«ti7ono<>*
o--l'li» "%
"co 2S8 42
**^''^°^ *®
$3 107 025 79
'705,275 24
2,401,780 55
Tola',
amount expended on
capital acoount in 1885.
'$2,¥85,660 oT
—
makch
;
THE CHRONICLE.
i8S6.j^
c,
309
Oil account of the above advances to branch and aaxiliaiy lines, there have been received in securities of those oom*
pnnlesll.Oia.SOOOI.
Tlio dobt due to the State of Pennsylvania on account of the purchase of the Main Line waa re<liiw)d during tin year by
The balance of the annual payment of $480,000 (12-«,938 73)
tlie payment of $:i31,041 28, which was charged to capital ccount.
representing the inten-st uiion the amount duo to the State, was charged directly to income account. The batanoe doe oa
account of the purchase of the Main Line is |3,329,871 73.
To provide the means to meet the expenditure on capital acoount on your Main Line and branches and yoor afflliated
such real estate mortgages and ground-rents as were bearing a higher rate of interest and oould be
was sold during the past year the balance of the issue of four and a half per cent collateral trust loan of
your Company, amounting to f3,9(!0,000. By the operation of the sinking fund $100,000 have been redeemed and canceled,
and
roads,
to
pay
off
«ztingui8h(Hl, there
outstanding.
the provisions of the consolidated mortgage of the Company, there was set apart, on the first day of July last,
out of the net income, f 331,830 as a sinking fund for the redemption of the outstanding bonds secured by that mortgage.
Their market value was too high, however, to permit of the purchase of more than $3,000 of these securities. The balance of
leaving
!j(il,900,000
Under
the fund (1333,830) was placed to the credit of the Trustees of the sinking fund, who have been able to invest the greater por«.
tion thereof in well-secured iirst mortgages upon real estate, bearing four per cent interest per annum. The $3,000 of bonds
purchased after being canceled were delivered to the Trustees under the stipulations of the mortgage. The amouat of bonds
80 purchased to date ia $1,769,070 at their par value.
There are now in the sinking fund, for the redemption of the obligations of the various companies forming the United
New Jersey Railroad & Canal Company, securities of the par value of $3,549,900. There is also a cash balance, uninvested
by the Trustees, of $34,933 67, making an aggregate investment of $3,584,833 07, for which you will, in the future, in accordance with the terms of the lease, receive bonds to be issued under the General Mortgage of that Company.
To provide for the $500,000 of six per cent bonds of the Belvidere Delaware Railroad Company maturing September Ist,
1885, an issue was made and disposed of, upon satisfactory terms, of the same amount of four per cent bonds secured by the
consolidated mortgage of the said Company due in 1925. During the past year the Flemington Railroad
Transportation
Company was merged into that Company.
An arrangement was made during the year with the Philadelphia & Erie Railroad Company by which the unpaid and
overdue coupons of the general mortgage bonds of that Company, amounting to $1,500,000, all of which belonged to the
&
Pennsylvania Railroad Company, were funded into four and a half per cent debenture bonds of the Philadelphia & Erie Railroad
Company due in 1915, with a sinking fund for their redemption.
The sinking fund for the redemption of the trust certificates issued for the purchase of the shares of the capital stock of
the Philadelphia Wilmington & Baltimore Railroad Company, was suffloient to enable the Trustees to purchase $368,000 of
such certificates during the past year. These certificates have been canceled, as provided in the trust agreement. The general account of the Treasurer shows this reduction in the amount of outstanding certificates, and a corresponding reduction has
been made on the other side of the account in the cost of the shares purchased by your Company. The total amount of these
certificates purchased and canceled to December Slst, 1885, is $1,634,000, leaving outstanding $8,806,000.
CAR TRUSTS.
No
additional equipment
Tlie 17,809 oars placed
on tUe
was furnished your
lines
during the year under your Car Trust system.
lines east of Pittsburg, tlirougli the
$9,718,390 00
5,631,370 00
system of Oar Trusts, represent a cost of
The 10,997
oars west of Pittsburg
The cars subleased to atllllated lines, viz.:
1,950 cara Northern Central Railway Company
250 cars Allegheny Valley Railroad Company
152 cars New York Philadelphia & Norfolk Kallroad
$1,019,7*0 00
137,500 00
100.000 00
Company
1,257.250
Total
amount
00
$16,637,000 00
Total. 31,148 cars
of certificates
redeemed to December
31, 1885, as
follows—
Amount paid in full payment of 9,2li oars
Amount paid on acoount of 21,934 oars
$5,034,000 00
4,586,000 00
9,620,000 00
$7,017,000 OO
Balance of certificates ontstandlng December 31, 1885
COMPARLSONS WITH
1884.
EARNINGS AND EXPENSES OF ALL LINES EAST OF PITTSBURO & ERIE.
Gross Eartifngs.
Expenses.
Rental
and
Interest
Xet Earnings.
on Equipment
1885
1884
55
48,566,917 84
$29,479,764 84
30,527,016 02
$1,094,713 06
4,164,434 29
$12,010,555 65
13,875,467 53
$2,951,884 29
$1,047,251 18
$69,721 23
$1,834,911 83'
$45,(51.5,033
Decrease
The gross camlugs per mile received from tho Main Line
$59,625 27
67,161 3£
(358 miles) in 1885 were.
In 1884 were
Showing a decrease
The following
$7,536 05
of
table
shows the revenue and
cost per ton per mile
on each division operated by the company
Pennsylvania
Railroad
Freight.
and Branches.
Lengib
of road (miles)
1,515-72
Average earnings per ton per mile from transportation of freight
United Railroads oj
Sew Jersey
and Branches.
44510
Philadelphia
Erie
Railroad.
2S7-56
<t
All Lines East
Pittsburg
Erie.
2,248-38
0«",000
l^'iooo
0*»8i000
0<»»1000
Average cost of transiwrtlng each ton of freight ono mile
03»'iooo
O»l«iooo
0307,000
0««o,„oo
Avrragc
O»s«iooo
08731000
Oi>"iooo
0"»io«o
profit
From
shows a
per ton per mile
the above table
decrejise.
it
of
and
on the maui luie and brancheB
and that the cost of transportation per ton per mila
will appear that the average rate per ton per mile in 1885
when compared with
that of 1834, of
1
13-100 of a mill,
decreased 50-100 of a mill, showing a decrease of 63-109 of a mill in the profit per ton per mile.
The rale received on the United liailroads of New Jersey Division shows a decrease of 1 18-100 of a mill, and the cost of
moving a decrease of 1 5 100 of a mill, showing a decreased profit of 11-100 of a mill.
On the Pliiladelphia & Erie Division the earnings show a decrease of 78-10) of a mill, and the cost of movenje"t »
decrease of 581i>0 of a mill, making a decrease in the profit of 2:)-100 of a mill.
The result upon all lines east of Pittsburg
Erie was a decrease of 51-100 of a mill per ton per mile in the net profit
&
from
freight.
.-
THE CHRONICLE.
310
The following
shows the earnings and cost per passeager per mile on each of the divisions
table
Passenger.
liCngth oT
Eoad
(miles)
Averaee earnings from each passenger per mile
Average cost
[Vol.
Pennsylvania
Railroad
United Railroad* of
and Branches.
and Branches.
1,515-72
445-10
New Jersey.
ol transporting each passe nger one mile.
Average profit per passenger per mile
:
Philadelphia
Erie
Railroad
<t
All Lines East of
Pitlsdtirg
and
Erie.
287-56
2,248-38
1918,1
2854,000
19S0 1000
l^SOtooo
1371,
1S99,|
l**®iooo
0401,
05*8,000
O'^'iooo
0484,,
1931,1
.
XLH.
The number of tons of freight moved over Main Line and branches, not including 1,168,338 tons of fuel and other
material for the company's use, was 24,047,028 tons for the previous year, 23,583,835 tons showing an increase of 1,463,203
tons or 6 48-100 per cent. There was an increase of 433,411 tons in through freight and 1,030,793 tons in local freight.
Of the 24,047,038 tons of individual freight transported over Main Line and branches, 3,357,180 tons were through and
21,789,848 tons local freight.
The coal shipments increased 1,136,381 tons, and the coke shipments decreased 143,813 tons their aggregate being
14,281,909 tons, as against 13,300,341 tons in 1884— a gain of 981,568 tons.
The east-bound coke tonnage from the C!onnellsville region shows a decrease of 51,798 tons, and the west-bound a
decrease of 179,303 tons the entire movement of coke from that district amounting to 2,135,505 tons out of a total of
;
;
;
;
from
3,702,313 tons
all sources.
The total shipments of oil during the year 1885 amounted to 3,446,303 barrels, as against 3,281,889 barrels in 1884,
showing an increase of 164,414 barrels.
On the main line the through freight shows an increase in east-biund of 30 23-100 per cent and west-bound, 7 80-100
per cent while the local freight eastward shows an increase of 4 15-100 per cent, and westward, 6 42-100 per cent.
The number of passengers on the Main Line shows an increase of 7 98-100 per cent.
On the United Railroads of New Jersey there was an increase in through freight, in both directions, of 481,433 tons, a
decrease in the local freight eastward of 47,400 tons, and an increase in the local freight westward of 330,314 tons, making a
total increase of 664,337 tons. The passenger traffic shows an increase of 13 84-100 per cent in the number carried.
On the Philadelphia & Erie Division there was a decrease in the tonnage of through freight eastward of 3,696 tons,
but an increase in the through tonnage westward of 17,453 tons. There was also an increase in the local freight, in both
The passenger traffic shows a decrease of 5 63-100 per cent in the number carried.
directions, of 707,618 tons.
There were built at Altoona 29 locomotives for your Main Line, and 16 for other roads in your interest. There were
also constructed at that point 33 passenger, 4 baggage, 1,010 freight and 90 cabin and maintenance of way cars for your Main
Line and 15 passenger, 5 postal and 877 car trust and other freight and maintenance of way cars for your other
lines and connections.
At the Renovo shops 165 freight cars were built, and at the West Philadelphia, Kane and Mead ows shops 8 miscellaneous
;
cars.
There were used on the Main Line and branches, in construction and repairs, 9,710 tons of steel rails and 549,673 ties
on the United Railroads of New Jersey, 3,679 tons of steel and 314,503 ties and on the Philadelphia & Erie Railroad, 1,133
tons of steel, and 119,138 ties making a total of 13,533 tons of steel and 883,314 ties.
The following tables show the gross earnings, expenses and net earnings of the coal companies in which your Company
is interested, for 1885, as compared with 1884, and also the amount of coal mined and sold, and the price received for same at
;
;
—
point of sale
:
Totals
Decrease as compared with previous year
'
Gross Earnings,
1885.
Expenses (inchtding taxes) 1885.
$8,451,144 83
375,369 20
$7,770,213 91
68,254 15
.Ve(
Earnings.
1885.
$680,925 94
307,115 05
Total tons mined in 1885, 3,384,495-04. Increase over previous year, 134,405-13 tons.
The average price per ton at point of sale, aggregating the results of the four coal companies for 1885, was |3 39 32-100 per
ton, as against $3 77 03-100 in 1884; a decrease of 37 7-10 cents per ton. It will be noted that there was an increased output of
but not as great as was anticipated, owing to the low prices prevailing during the year on that product.
LINES WEST OF PITTSBURG.
The following statement gives the result of the
Pittsburg Cincinnati & St. Louis Railway Company
lines
west of Pittsburg operated by the Pennsylvania
Company and
:
1835.
The total earnings of the Pennsylvania Company on
Expenses for same period were
lines operated directly
$15,377,228 40
10,092,702 32
by it were.
Leaving net earnings
this deduct-
$5,284,526 08
From
Hental, Interest
Net
loss
and
llahUltles of
aU kinds chargeable thereto
*" *''°
Pittsburg Cincinnati
'^"^^nl"^^''^
Expenses
6,337,341 13
on Pennsylvania Company's lines
for same period
$1,052,815 OS
& St. Loms'^VLwAVcoMP^V on
Leaving net earnings
$1,665,860 14
From this deduct—
all
kinds chargeable thereto
Net loss on Pittsburg Cincinnati
Net loss on
lines
operated dVrectly
$6,237,635 41
4,571,775 27
were
Eental, interest and Uabilitles of
lines"
& St. Loois Railway Company's
west of Pittsburg for 1885
Increase
1,728,591 47
lines.
62,731 33
$1,11,=;,546
38
$286,665 75
^^^' °' Pittsburg, on account of which your Company has assumed direct obligations, or in which it is
securities, but which are operated through their own organizations, are the Cliicago St.
Terre Haute Railroad, Grand Rapids & Indiana Railroad and roads operated through
&
Ub "'Kanizauon,
oro-ani^o!and the East St. Louis & Carondelet
RaUway.
u^*
UreeK- t
ri'
ownership of
Louis &pTt^h ""^^ Railroad,
p-T^**
Vandalia
.
Mabch
0,
THE CHKONICLE.
1886.
311,
IMS.
Tlie aftgrogate
groM eamlugs
of these roada were.
«fl,4a9.a84
ExpoOMM
82
6,508,875 04
Net oarulngn
Deduot rontnl »ud Interest
$1,048,350 18
1,003,213 89
ProHt.
«4B,14A 80
your Company, nnder ezlstlnK controota, U entitled
WUoh, deducted from the loss ehown In the above atatoment
Of
this profit
to
•23.572 a«
1.116,646 38
i,
LenvoR ttuct lesson i>U linos west of Pittsburg for 1885
Net losaon oil linos west of Pittsburg for 1884
Sbowing an Increase
In net loss for
1885
$1,002,078 78
861,801 IS
of.
$231,082 57
SUMMARY OF LINES OWNED OR CONTROLLED EAST AND WEST OF PITTSBURG.
1885.
Oross earnlugs from traffic
QroBS expenses, excluding rentals, interest, dividends, &o,
$92,004,548 04
61,600,901 00
,
Showing net eamhiffs
$31,303,647 84
,
FBEIGHT TRAFFIC.
1885.
Kumber of
Wumber of
Lines east of Pittsburg and Erie
Lines west of Pittsburg
Totals
Tom
one milt.
Tons.
60,254,173
26,618,397
5,486,165,363
2,883,675,415
86,872,570
8,369,840,778
PASSENGER TRAFFIC.
1885.
Dumber of
Linos east of Pittsburg and Erie
Lines west of Pittsburg
:
Totals
Passengers.
Number of Fcusengers one Mile.
43,280,237
11,474,534
876,830,005
357,540,631
54,754,771
1,234.339,43<'
The earnings of ycur Western lines show a further decrease, mainly on the Northwestern system and although the
expenses were largely reduced, it will be noted that they show an increased loss as compared with the preceding year. This
was caused, as on your lines east of Pittsburg, by the unremunerative rates that prevailed on all classes of traffic, the
tonnage showing a gain of 1,543,533 tons.
Of the issue of |3,200,000 of the Pennsylvania Company's six per cent bonds, secured by Pittsburg Fort Wayne
Chicago Railway Company stock as collateral, $888,000 have been redeemed through the operation of the sinking fund,
leaving the amount outstanding |2,314,000.
Of the issue of its four and a half per cent bonds, amounting to |13, 750,000, $583,000 have been redeemed, leaving the
;
&
amount outstanding |13,217,000.
The report made by the
trustees of the sinking funds of the first and second mortgages of the Pittsburg
Chicago Railway Company shows that the regular annual contribution of $104,100 was paid to the trustees of
these mortgages. They redeemed during the year $35,000 of the first mortgage and $90,000 of the second mortgage bond,
Fort
Wayne &
making the
total
First mortgage
amount redeemed
to
December
31, 1885
:
$1,608,500 00
bonds
1.890,000 00
Second mortgage bonds
With a balance
of cash in the hands of the trustees uninvested
December
31,
1885
:
$360,175 74
On account of flrst mortgage sinking fund
On account of eeeoad mortgage sinking fluid
The fuither sum
of $119,804
was
221,762 74
also paid into the sinking funds provided for the redemption of the existing
mortgages
amounts contributed directly by the individual companies.
The Grand Rapids & Indiana Railroad Company continues to show very favorable results. The land department made
sales of 17,093 acres of farm lands for $142,983 48, being an average of $8 36 per acre.
The entire amount sold to the close of
the year, after deducting canceled contracts, was 417,733'59 acres, and the aggregate price received therefor was $5,032,953 36,
an average of $1:2 04 per acre. No bonds were redeemed by the trustees during the year out of the proceeds of such sales, and
there are now outstanding $3,934,000 of the guaranteed and $505,000 of the unguaranteed first mortgage land grant bonds of
the company.
The assets on hand December 31, 1885, applicable to the redemption of the flrst mortgage land grant bonds were
on the other leased
lines west of Pittsburg, in addition to the
:
$528,234 80
28,268 35
433,266 74
Cash In the hands of the Trustees
ash in hands of Cashier
Bills and accounts receivable in hands of Cashier
$889,769 79
Total
The amount expended during the year on capital account on the lines west of Pittsburg was $836,881 82.
There were laid on the northwestern lines operated directly in your itterest 4,986 tons and on the southwestern lineB
7,987 tons of steel rails.
The aggregate amount of steel
west of Pittsburg was 36,013 t^ns.
rails laid in 1885
on
all lines
owned
controlled or operated by your
company
east
and
THE CHRONICLE.
3J2
[vol
xm.
GENERAL REMARKS.
in the last annual report, and in pursuance of a resolution adopted at your last
In accordance with the suggestion made
the office of the Company, on the thirtieth day of June last, on the approval or disapannual meetins a stock vote was taken at
in the Trust created October 9th, 1878, which was, that the income of the fund should
•Droval of the proposed modification
the monthly appropriation of $50,000 be reduced to an amount equil to one per
continue to be added to the principal, and
before payment of dividend to the shareholders. Of the votes cast, 4'iJ,676 were in
Company,
the
of
income
centum of the net
it. Your Board of Directors, in compliance with this action of the shareholders,
against
favor of the modification and 2,267 were
of the Trust for the yearl835. Under its provisioas, as will be seen by the
Managers
the
to
43
621
$58
appropriated
have
paid to December 31st, 1885, the sum of $3,750,000, which, with the income therefrom,
report hereto attached' there has been
yielding an interest of 6 96-100 per centum per annum upon
hMbeeninvestedinse'curities, amounting at par to $4,785,350,
*
the insurance fund attached shows assets on hand at the end of the year of $1,388,050 25, being an inyear of $238,960 22.
previous
crease over the
management, to pursue— that of
The policy indicated in the last report as the proper one, in the judgment of your
construction and extension of branches intended to promote the developthe
by
property,
your
improving
strengthening nd
increasing their facilities, was continued during the past year. The
ment of the lo al mterests of the State, and by generally
enabled your Company to
tu.vs heretofore made upon your Main Line and the United Railroads of New Jersey
™The statement of
j
liberal
expend
upon those properties, notwithstanding the largely increased traffic. Its continued growth, however, indiduring the present year the proper disbursaments w Jl be mide
necfc
Bl
the
cates
y for annuaUy increasing these facilities, and
for this purpose.
The principal expenditures upon the branch and auxiliary lines were as follows: On the Tyrone and Clearfield Railway
short branches; on the Pittsburg Virand the South West Pennsylvania Railway for providing double tracks and extending
Railroad for
Charleston Railway for providing additional real estate and side tracks; on the Ridgway & Clearfield
ginia
forming
Railroad,
thus
a direct
Valley
Allegheny
Division
of
the
Low-grade
the
with
connection
a
line
to
completing that
bituminous coal and other traffic
connection northwardly with the Philadelphia & Erie Railroad, and furnishing an outlet for
Chestnut Hill Riilroad for additional real estate and right of way; on the Belief onte
on the Philadelphia Germantown
and the
Nittany & Lemont Railroad for completing that line as a connecting link between the Bald Eagle Valley R itlroad
limit the ouff ys
&
&
Lewisburg & Tyrone Railroad.
The Martin's Creek Railways of Pennsylvania and New Jersey are two sections of a line co-meeting the Belvidere Delaware Railroad with the railways extending into the slate region of Northamption County, Pennsylvania, a^d which, it is
hoped, will secure to your Company a proper share of that traffic. The Long Beach Railroad is being constructed for the
development of a portion of the New Jersey seashore which has heretofore had no railway connection with your 8y.-tem.
By a merger of the Reading & Pottsville Railroad with the Pennsylvania Schuylkill Valley Railroad the line of the
It was opened for traffic as far north as Hamburg late in the season, and will be
latter company now reaches Pottsville.
completed to Pottsville about the middle of the present year. From that point northwardly work is progressing as far as the
summit of Broad Mountain, a distance of about eleven miles.
At your annual meeting in 1881 authority was given to your Board to issue from time to time four hundred thousand
shares of the capital stock of the Company. Of this amount about one hundred and eighty thousand shares were sold at par
to the stockholders, to provide for the purchase of a majority of the share capital of the Philadelpliia Wilmington & Baltimore Railroad Company, and a large portion of the remainder has since been allotted to the shareholders of your Company.
or the purpose of providing in due season for the future financial wants of the Company, your authority is requested for an
issue of three hundred thousand additional shares, to be disposed of from time to time, as in the judgment of your Bjird the
best interests of your Company may require.
For a number of years past the attention of your
management has been seriously directed to the organization and
establishment of a relief fund, having in view the support of your employes when disabled by sickness or accident, and
provision for their families in case of death. The details of the organization were referred to a committee of offi ;ers of the
company, who, after diligent inquiry into the systems that had heretofore been adopted by other companies, botli in this
country and abroad, finally reported a comprehensive plan for the action of the Board. After very careful examination this
was approved and put into effect on February 15 of this year. The fund is established upon so fair and liberal a basia that it
is believed it will commend itself to your employes and receive their cordial support, while at the same time any system that
seeks to cire for and promote their comfort cannot but result in direct advantage to your interests.
Notwithstanding the largely increased traffic, the unf.jrtunate condition of the general transportation interests of the
country, commented upon in the last report, is strongly reflected in the marked decrease in gross earnings of your lines, both
east and west of Pittsburg. The net results, not only to your company but to other leading railways, show that a very large
proportion of their traffic was carried at unremunerative rates. Such a course cannot long be continued without being
equally destructive to the interests of the railways and those of the general public as it must be conceded that unless the
railways receive a fair compensation for the work done, they will tie unable to maintain their properties in good condition or
to offer the facilities necessary to accommodate the commerce of the country.
This being the direct result of the construction of unnecessary linfs, promoted and operated for purely speculative
purposes, and the general prosperity of the country, which is so closely allied with that of the railways, having been thereby
seriously affected, the thoughtful attention of those interested in the public welfare was drawn to this question, with the view
of ascertaining whether some arrangement could not be reached between the larger transportation companies whereby a
continuance of the evils thus produced could be averted. Your management having been invited to indicate its policy in
this direction, expressed its continued willingness to do what it properly could to secure the establishment of such harmonious relations between the various interests as would accomplish the desired result. But the question of the constitutional
power of the railways of the State to take the steps necessary in their judgment for this purpose having been questioned by
the Commonwealth, the matter is now before the Suprem's Court, where it is hoped that principles will be established which,
while not interfering with the proper development of the country, will prevent a continuance of the conditions that have so
disastrously affected its prosperity during the past year.
the Board felt it necessary, in view of the diminished earnings of your company, to make a reduction in the
rateof dividend, it should be gratifying to the shareholders to find that notwithstanding the low rates of the past year the
net profits were sufficient to warrant a dividend of five
per cent on your share capital.
The investments of your Company in the securities of auxiliary and affiliated lines, made for the purpose of protecting
your intfrests and developing local traffic, amount at their par value to $133,658,746 50, and are represented on the books at a
cost of $100,092, (40 03. In addition to accomplishing
the object for which these investments were made, they produced in
dividends and interest during the year $4,446,433 81, which
sum was $366,336 91 in excess of the interest upon your entire
«^'^clusive of interest on car trust certificates.
J° John
T .^
Mr.
Eeilly having resigned as Superintendent
Transportation, that office was abolished, and Mr. S. M. Prevost
was apoomted General Superintendent of Transportation of
P^'t'f' Superintendent of the New York Division, was appointed General Superintendent of the Pennsyln '"i^°'i®l^.^vania Itailroad
Division, to fill the vacancy caused by the promotion of Mr. S. M. Prevost.
in tlie reorganizition of the General Freight
Department, Mr. John S. Wdion was appointed General Freight Traffic
Agent, Mr. John Whittaker Local Freight Agent, Mr.
Agent,
and Mr. Wm. H. Joyce Goal
Geo. B. Edwards Turough Freight
o
a
rreight Agent.
^^' "l" -^A, ^"''"*0''> heretofore Superintendent of your Belvidere Division, was appointed Superintendent of the Relief
TifT,
*;epartment.
The other changes made in your organ'ziti n will b>3 found
the report of the General Manager.
**^? pleasure in acknow e 'ina: t le fidelity and eftlciencv with which the officers and employes of the comT«r,
irJ!f
^°*'',r
paty have discharged the duties entrusted to »'n
t:
Hn-in/the past yeaii
By order of the Board,
G, B. ROBERTS, President,
;
WMe
'
•
^
m
_^
;
March
0.
THK CHRONICLE.
1880.J
3Jhe
1
.
'
(^ommtvcml
COTTON.
'iji^iifs.
Tbf
COMMERCIAL EPITOME.
fr >in
ti>i<
FuiDAY NiOHT, Miroh
5, 1880.
The temperature
is
•'
milder
>i>-night,
:
iri'li
I
'
n.nm
;>Ht
tmipuat-
March
1.
reft.
1885.
Indlauuia, Ao.
Kew Orloaos...
Pork
Beet
to8.
and
24,,'529
More A
1.
t08.
55,466
Ijird
•101
Tobacco, iloniestic
hlids.
2!',933
ToliHi'co, foroigu
bales.
Rio
CoUVc, otbcr
Cufl'cc, Java, &c
bam.
51,837
219,137
80,779
68,200
10,358
bags.
Cotfi'o,
mats.
Bujciir
hhtls.
BUKar
boxes.
bafts, Ac.
None
Helado
MuU.
776,000
100
Holooses, forelirn
hhds.
740
Mi'iisses, domestio
Hi.l.K
Cotuiii
bbls.
bales.
5,000
276.000
238,651
27,976
BuKitr..,
No.
Rosin
I)l>l8.
Spirits tiU'iieutiue
bbls.
bbls.
Tar
Bioe, E. I
Bice, domestio
bags.
bbls.
Liuseed
and
t«8.
ba(rs.
bags.
Balti>etre
Jute butts
bivles.
Kanilabemp
bales.
bales.
Blsalliemp
1,147
1,SS7
4,000
4,T.=>0
15.000
12,8'0
43,100
22,835
22,283
25,292
521
41,613
30.735
70
893
..•«
• •••
>>••
...
-«•
5,992
301
813
466
7,970
179
4.909
8,277
106
96
2,218
16,811
44,515
114,129
80.814
62,023
28,300
2,883
r)0.707
2.'-.8,901
86,44!»
61,150
13,385
Noue.
462,590
Noao.
1,148
7.000
189,500
272,803
18,930
763,>J9.i
2.^0
466
2,300
103,000
334,173
31,9i3
xe.
1,179
14,300
1,720
None.
10.300
50,100
11.170
30,031
13,'iftO
60,200
12.600
25,225
There was some depression in lard for future delivery, as
the spot, but to-day there was a recovery in tone
and values, which leaves the market steady this afternoon at
6'29c. for April, 6-33c. for May, 6-39c. for June, 6-47c. for July,
Lard on the spot
6'53c. for August and ()"53c. for September.
is more active to-day, closing this afternoon at 6'20c. for
prime city, 6'25@6'30e. for prime to choice Western and 6-50
@C'55c. for relined for the Continent. Pork has favored buyers
and old mi'ss sold fairly at the close at $10 25@f 10 50, with
other gradts somewhat nominal. Cutmeats in fair t'emand
well as on
and the
sales to-day included pickled bellies, 12 lbs. average,
Tallow has been active at il^c- Butter
at 5 3-16c. per lb.
closes steadier at 20<g34c, for creamery. Cheese dull, but
steady.
Colifee on the spot
fair cargoes of Eio
WestPolnt.&o
Sow York
Boston
Baltimore
PUladelp'a, &o.
has ruled rather firmer and at the close
are quoted at 8}^c. The speculation in
options has bef-n more active at improving values, and to-day
was firmer, closing with sellers at 7c. for March, 6"9.jc. for
April, G'tl^o. for May, 6-9jc. for June, 7'10o. for October and
7 •! 5c. for December. Riw sugars continued dull, but at the
close there is more inquiry and prices close steady at S'gc. for
fair refining and 5J^o. for centrifugal 98-deg. test, and refined
is dull at ii%c. for crushed. Molasses has been freely offered and
prices have further declined to 20c. for 50-deg. test.
Kentucky tobacco has been quiet and unchanged at 7@llc.
for leaf. Seed leaf has been dull, and sale* for the week are
only 783 cases, as follows 200 cases 1881 crop, Pennsylvania,
8J.<(3llc. 100 cases 1833 crop, Pennsylvania, private terms;
100 oases 1884 crop, Pennsylvania Havana seed, 914C. 150
cases 1881 crop. Little Dutch, ll@13o.; 83 cas^s 1883-«1 crop.
State Havana, private terms, and 150 cases ^undrie8, 5@30c.
also, 300 bales Havana, 60c.@|l 05, and 350 bales Sumatra
$1 30@|160.
Spirits turpentine appears to be "cornered" so far as relates
to current deliveries, and quotations are advanced to 51@53c.
Yesterday 100 bbls. sold for July delivery at SoJ^c, but the
clo.e is at ST'^c. asked for that month. Kosins are steadier for
the low grades, and common to good strained quoted at
0'i}4
tf,2»g
.«..
....
787
713
238
4.748
77
1,793
1,053
2,887
120
6,841
4,683
>•«
2,576
100
195
370
130
177
100
48
87
2,367
S30
...
27
23
469
502
18
87
....
..—
1,414
1,337
27,506
810
914
68
129
....
4.545
703
932
923
480
4,A12
•••
•
I,17d
«*.
1,071
...
.-..
2MI4.
726
•••
•
•
340
•
••<
.*•
1,359
1,123
854
22
659
969
631
261
19
60
95
14
1,497
•
•
50
•••
306
722
*>•
33
•
429
2,802
569
2,281
week 13,603 8.473 13,276 9,250 8,514 15.102 63,223
For comparison, we give the following table showing the week's
Totals this
total receipts, the total since Sept. 1, 1885, and the stock to-night,
and the same items for the corresponding periods of last rear.
1885-86.
Oeetlpltto
March
ThU
5.
Oalveston ...
Ind'D0la,&c
4,542
5ew Orleans.
1884-85.
Since Sep.
1, 1885.
Week.
742
1,689
1,591
7,S00
4,300
20,U00
1,764
JW.
TKur$.
781
Moreh'd C,3u}
316
19,660
Wtd.
1,494
1.
10,721
rut.
1.116
Norfolk
bbls.
bbls.
JTv
tat.
aalTMton
Pt. Koyal, 40.
1886.
u
given below.
<
WUmlnKton
188S.
is
105,793 boles three weeks since; making the total
retieipts since the Ist of tjepteuiber, 1H85, 4,n07,3i)'i baliw, against
4,446,tK)0 bales for the same period of imi-HT), showing tn
iacraaae since Beptember 1. 1W6, of t60.40j tMler.
v%
Congress makes slow progress with legislation
Mobile
affecting Bnance and trade, and there seems just now little
Florida
probability that any important measure of this sort will Savannah
become a law Bt this session.
Brunsw'k,
Tne follo*vin)< ii a 8ti6eiut<nt of the stocks of leading articles Ouu-leston
of domestio and foreign merchaadise at dates given
at the close.
FniDAY. p. M.. March 5, 1880.
indicated bv our telegraiBa
For the week ending
5), the total reoelpta haVe reaohed M,2^
bales lul week, 103,521 bales the pteTioua
or THK Chop,
N-T
I
U
Troubles with labor have been nuinerotH, and in •omo
cases serion-t, (Uirinic the wet-k under review, coutiouing ho at
this writinK and threaiening to prove an obstacle in tbe bucThe early
ccssful progress of trade for the spring season.
part of the wet k was unseasonably cold, giving rife to adverse
reports alTecting crops and delaying^the re-opening of inland
navigation in northtrn latitudes.
813
Florida
Sarannab....
Br'8w'k,&c
Charleston...
Pt. Royal, &c
mimlngton..
M'headC&c
Sortolk
W.Polnt.&o.
New York...
Boston
Baltimore ...
PbUadel'a,&o
Total
NoTK.— 'J,232
Stock.
Since Sep.
1, 1884.
Week.
1886.
188S.
411,733
10.346
56,726
26.279
17,001 1,405,977
1,876 223,636
2,859
72,331
5,494 691,382
9.684
500.228
4,451
58
6,136
723
92,158
4
9,507
.123,619
10,231
268,561
1,967
53,125
2,583
2,341
74,389
2,622
24,688
1,110
34,367
359,890
47,610
4
03,492
266,768
29,154
2
27,589
88,578
37
7,800
20,491
39,998
20,061
143
341,002
6.310
17,513
8,549
637,418
781
27,506 1,534,501
1,166 227,212
37
48,121
9,299 708,669
....
14,530
4,716 433,105
306
11,328
2,887
91,601
129
5,305
6,841 468,847
4,683 231,604
429
49.023
2,802
76,777
569
37,706
2,'i81
30.774
Mobile
ThU
3,458
80
292,189
6,310
30,093
18,190
116
2,639
68,223 4,607,S02 56,8i!6l4,44fi,900 985,917 769,649
bales added as uorreciiou uf receipts up to Marob 1 In
1383-86.
In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
Receipts
at—
New
4,542
Orleans.
27,.503
Mobile
1,166
9.29J
5,032
3,016
6,941
Savannah
&o
Ac
Oharl'sfn,
Wllm'«t'n,
Norfolk
1885.
1880.
<j4lve8t'n,<feo.
1884.
1882.
1883.
72J
763
5,913
4,287
12,948
19,807
40,458
5,146
9.521
9,939
£,261
18,326
6,141
12,874
68,720
124.82B
3,538
17,001
1,876
5,491
4,509
W. Point, Ac.
Mothers....
4,'!83
6,118
10,231
1.967
11,621
rot. this w-k.
66,223
50,836
9,393
24,101
3,004
4,772
3,576
we
1881.
4,644
11,307
3,830
8,603
7,048
1,749
10.056
1,183
7,327
17,783
50,653
10,788
15,482
10,801
1,936
12,890
4,674
58,71/
140,128
15,121
:
;
;
H
@|1
10.
The s{.'eculation in crude petroleum certificates was
dull, and the fluctuations in prices not important, closing
this afternoon at 79%'a 791^0.; crude in bbls. quoted at B'4@
7c. ; refined in bbls.at I^gcaiid in cases 8;'3@9?gC. ; naphtha 8)|c.
At the M-^til ExchanKe to-day pig iron certificates were
and nominal at |17 87^. Tin quiet and steady at20 65@
20-85c. on the spot and 20-60(a20^c. for futures
5 ions
March sold at 20-70c. Tin plate unchanged at $4 25@|4 40.
Copper dull at ll-40fSll-55o. for Lake, 995@10-20j. for B.iltimore and £41 10s.(a£41 lis. 6:1. for Chili bars. Lead steadier at
4?i@4-95c. for domestic and 4-70c. bid for foreign. Spelter
dull
;
quiet at 4'45(a:4-65c. for domestic.
Ocean freights have bten moderately active at steady rates.
Late shipments include grain at 2''4;d. to Liverpool, S^'g'd. to
London and 60. to Rotterdam, with charters to Cork for
ordsrsat 38.@38. 6d. Several charters to load petroleum in
oases have been made, including Bombay at 23@24c.
Since Hept.
l.
4607.302 4446.900 4122.324 5020.540 4117.235 4810,212
G:ilvortt(Hi lucluiie-i Inili.tnola; oliarlestoii iii'-bides Port Rayiil, &o.i
Wiliulngton iuclndos MoieU'd City,<tc.; Wcat Point Includes City Poiut,<&o.
for the week ending this evening reach a total
of which 48,673 were to Great Britain, 879
Below are
to France and 32,543 to the rest of the Continent.
fVip ATTvirts for the week and since September 1, 1885.
The exports
of 82,094 bales,
WmK BnMnq
March
5.
rrom SepU
1. 1885. to Mch.
Exported to-
BxvorUd to—
BiportJ
/TOTO-
Cbnti- Total
Oreat
BrU'n. France nent. Week.
9alTnton
.Vew Orieana.
l»,S:j4
Tom
l.«35
lo.bse
SO.SsO
e.evi
6,850
ereal
Britain.'^''"
S10,«8S
ia,545
B2a.M8 «S7.017
81,983
Mobile
Omti.
ntnU
ISSS.
S.
Total.
67,939 394.778
833.811 1,0«73*»
81.968
riorlda.
Sarannab
'taarlenon
8.393
19,397
3338
4319
381.404
83.8i»
3^03S
183.18*
443.661
m*
S«.!103
T4.(»»
ao.i»t
1,839
16.138
4,301
84.4SS
S«,0«i 1.647,959 311.099 l,IK!,Sti0
338d34S
VIlmlnKton..
"(orfolk
West Point
i*n Tork
Soaton
Saltlmora
..
...
W.t54
.
otalladalp'a.«c
879
1,838
18,301
8.51
2.544
7.340
IMU
1^
3.111
Total
«t,673
i»«*«i iiKLi.nn
«/^4?0
879 Sa.54!
!0i«
960.948
173,110
88,793
73,017
40,186
186.460
84.8»«
10,4» 10,453
....
4.411
t
OTO
1
14
•88,434
63.190
173,107
2t.9M
..
18341
»n«-4
>.
?«<>•!«
51,
««
93.3n
*
IM to
6
THE CHRONICLE.
314
[Vol.
XLn.
The Sales and Pbioes of Futures are shown by the followIn addition to above exports, our telegrams to-night also give
US the following amounts of cotton on shipboard, not cleared, iog comprehensive table. In the statement wiU be found the
at the ports named. We add similar figures for New Yot^' daily market, the prices of sales for each month each day, and
•which are prepared for our special use by Messrs. Carey, Yale the closing bids, in addition to the daily and total sales.
Lambert, 89 Broad Street
On Shipboard, not cleared—for
Leaving
Uabch 5,at— ereal
Stock.
OoastOther
&
Britain.
France. Foreign
31,001
6,200
3,200
4,500
8,779
5,000
6,000
5,000
15,285
None.
None.
None.
None.
None.
300
None.
14,538
None.
10,300
18,600
5,464
3,000
5,100
1,000
69,680
15,585
59,076
64,679
Hew Orleans....
Mobfle
Charleston
Bavannali
Galveston
Korfolk
Hew York
Other ports
Total 1886.
Total 1885
Total 1884
Total.
utite.
None.
Hone.
63,514
6,200
14,300
25,800
17,415
8,500
11,400
6,000
296,376
41,410
44,278
42,692
39,311
31,498
280,789
56,434
58,002
9,862
153,129
832,783
12,7I9| 22,757
15,348 31,769
11,S07
8,170
106,359
119,966
663,290
775,146
2,690
None.
800
2,700
3,172
600
There has been great activity in the speculation in cotton
for future delivery at this market the past week, and prices
The movement began with pur-
have been very buoyant.
chases to cover contracts, then many who had been persistent
" bears" turned "bulls" and bought heavily for the rise. The
njovement of the crop began to show the effect of the recent
railway strikes in the Southwest and the severe weather in
the Northern Belt, where it became too cold for out-door work,
and there has been some disposition to reduce crop eatiinateg.
New Orleans, Liverpool and Havre participated in the advance, and reports from Manchester were better. To-day, with
a further advance at Liverpool,the opening call on our Cotton
Exchange was the scene of the greatest excitement, but when
August touched 9 -750. a selling movement began as if in concert; prices dropped with great rapidity and the close was at
a decline from the closing figures of yesterday. Cotton on
the spot has advanced, with business a little more active. Quotations were advanced l-16c.
on Monday and
%c
on Wednes-
Yesterday middling and grades below were advanced
8-16c. good middling advanced J^c. and the highest grades
5-16c.
To-day the market was quiet and prices were nominally unchanged, middling uplands closing at 9 3-16c.
The total sales for forward delivery for the week are 1,232,000
bales.
For immediate delivery the total sales foot up this week
day.
;
bales, including 508 for export, 1,492 for consumption,
201 for speculation and
in transit. Of the above,
bales
were to arrive. The following are the official quotations for
3,201
—
—
each day of the past week.
March,
NEW OELEANS.
UPLANDS.
Feb. 27 to
Sat.
5.
nou Tnes
Ordln'y.f ft
BtrlctOrrt..
6=8
78ie
Good Old..
G'd Ord
Low Midd'g
8tr.
8
838
Btr.L'wMld
G'd Mid
Midd'g Fair
Fair...
614
768
8I16
6%
8'lB
87, e
8^8
9^4
912
8'8
914
913
9^8
9'l6
9l3,e
101,6 lOis
Wed
7%
9
938
10
10 >s
Ordln'T.«lt>
BtrlolOra..
Good Ord..
G'd Ord
Low Midd'g
Btr.L'wMld
Btr.
Middling...
Good Mid..
Bti.fjt'dMld
638
6»,6
1068
7%
8.».e
8%
8%
9
8h
9
9
loih
•'""•
Btrlot Oi>oa
Ordinary
Middling
1^
8U,
868
878
Wed
Th.
68,6
6?i
73,6
8i«
8%'
mon Tnea W^ed
6%
Frl.
6%
73l6
8l8
89,6
838
ilJ«6 8%
8lJ?e 816,,
9
93l6
938
93,6
93e
913,«
913i6 ?.>
lOlg
9IS16 1018
ID'S
IOI9
103,6 1013
101a
111«
1013,6 Ills
Ills
6I16
6
611,6
f4'
I>
85,6
Middling....
..
TV,«
I
,
Ihe »total
salee
71S16
i>
89,6
8'6ie
Sat.
Good Ordinary
f,18
6''8
7%
Tb. Frl.
6^' 6%
101^
1068
613,6
713,6
8J4
869
8 '8
93,8
So" 93e
9%
9=8
9»Te
916,6 916,6 913,,
„10J8
106,8 106,, 103,6 llOH)
1016
10i3|eliiig
938
9»8
?^6
6''8
l>
8i8
7lBie
r^'8
838
838
83?
BTAraED.
Low
Wed
69l6
7
Midd'g Fair 10
Fair
eflie
TEXAS.
inon Tnea
^>
9%
I
Sat.
678
713,6
8I4
868
8.S,6
878
9ll6
938
9'l6
9'l6
97,6
97,6
9''i8 9'lw 969
911,6 9'll6
101,6 Idle 10
101,6 10'i«
10"ie IQl'ie 1068 lOl^ie
71319
83ie
89,s
8I816
Tk. Fri.
mon Tues
6'18
6IS16
Middling...
Good Mid..
Btr.
6I4
7=8
Sat.
63,6
67e
Th.
Frl.
638
638
7',
77e
868
778
8M
MARKET AND SALES.
87,6
8%
and future deUveries each day durimr
the
^
^d a'column which sLow8a°t°
^«
""* *^
Iw«Z^
glance how t^
the '^r
market closed on mimfl
same Ha™
days,
I
SPOT MABKBT
CLOSED.
SALBS OF SPOT AND TRAMSIT.
Ex- Oon- 8p
IVon-
port,
Bat.
Qnlet
...
....
rev. quo.
508
Vri
rump
ul't'n
tit.
Total.
Quiet
147
1.53
271
218
447
256
100
101
Tom.
'
PUTtJKES.
' Inclndee sales In September, 1885, for September, 130,200
Septem.
ber-October, for October, 301,700; September-NoTomber, for November,
416,400; Setember-December, for December, 928,200 September January, for January, 2,004,200
September-February, for February,
;
Salet.
Delivtrie*.
;
;
Mon Hrm at i,e adv..
Quiet.... ....
Wed Steady at is adv.
Toes
Thnrc St'dy at
'
147
153
271
318
1,056
256
113,300
182,000
136,900
193,100
274,400
332,300
200
400
6C0
200
1,400
1.232,000
»^U"!lft.h\fJ^wtlotey^'^^reilS^ed*"'"""^
1,370,000.
"'''^^'"^
'^« -"'y
Transferable Orders— Saturday, 8'70o.; Monday, 8'90o.; Tuesday,
8-850.: Wednesday, 905o.; Thursday, 9'l5c.; Friday. 9'05o.
Short Notices for March— Saturday, 8'60®8'62c.; Tuesday, 8-83c.
The following exchanges have been made during the week;
•10 pd. to exch. 3,000 May for June
•J2 pd. to CTCh. 300 Nny. for Aug.
•16 pd. to exch. 1,000 Dec. for June
10 pd. to exch. 200 May for June.
20 pd. to exch. 100 April for June.
•17
•07
•26
•03
pd.
pd.
pd.
pd.
to exch.
to exch.
to exch.
to exch.
300 Mch. for May.
500 April for Oct.
200 April for June.
300 June for July.
L
.
:
Mamou
THE CHRONICLE.
0, 188S.J
Th» V18IBLK SUPPLY OF Cotton to-nl^ht,
ob
made up by cable
tok>K"'P''' '" *" follows. The Continontal sttx-ks, jw woU mi
thoHo for Urwit Hritnin aud the afloat, iiro tliia week's returmi,
•nd
and coiuwxiuently all the European Hffures »« brought down
But to uiake the totab the complete
to Thursday evening.
figures for to-night (Mch. 5), we add the item of exports frorr
the United States, including in it the exports of Friday only.
Moek at
balet.
Liverpool
tMk»t
London
18Stl.
18 85'
1884
G98.000
14.00J
974.000
80,000
99U,0()0
lHs'4
D68.obo
74,000
t>&,000
cotton at Southern and other principal cotton marlcete for each
day of the peat week.
OLOsiaa qooTATiox* roi Mioouaa oarrcni
tnding
IfMfe
XanM.
Hon.
QalTMloii...
8>fl
NewOneaiu.
712.000 1,013,000 1,064,000
7,500
4.000
3,700
40,U0O
50,300
69,400
39.000
6^.000
S9.000
400
400
1,600
1.100
1,000
2,700
.ooVuin
220,000
216,000
^83,000
S.OOO
5,000
*'959
84,000
53,000
80.000
6,000
12,000
9.000
5,000
6,000
3,000
.
I
Stookat
Aiitwcri)
Stock at Uuvre
Stock at MiiraclUes
Bto<>k at B;iicoloua
Stock »I (t.noa
Stock
i»t
Trioate
431,300
835,200
Total ConUneutal Rtocka
I
Samiiiab. ..
OharlMton
wnmlnKton..
424,400
wns..
(
769,049
134,363
10,500
985.017
413.S90
7.516
u-tS..
'
UnlMii bUtos uxyortii to day..
284,100
895,V12
189,1»3
17,000
899,409
S75,023
11,200
Of the above, tke totaU ot American aud other descriptions are as follow s-
Amerxan—
^
,
Europe...
3Si6,000
United States stock
United States Interior stocks..
United Statesexports to-day..
98^.917
41 3.890
7,510
Total American
Matt Iiutian, Braetl, Ac—
Uverpool stock
London stock
Oontinental stocks
India afloat for Europe
EKypt, Brazil, Ace, afloat
725,000
322.000
407,000
895,112
189,183
17,000
10,500
692,000
190.000
538.000
899.4U9
275,023
11,200
2,572,353 2,311,517 2,555,295 2,605,632
222,000
39.000
112,300
125,000
26,000
189.000
14,000
75,200
182.000
13,000
..
AC
iy>tal East India,
Total American
753.000
319.000
276.000
769.649
184.368
509.000
260,000
balea
liverpool stock
Continental stocks
alloat for
274.000
65.000
102.400
229,000
38,000
276,00t.
74.000
94,100
196,000
40,000
473,200
524.300
708,400
680.100
2,572,353 2,311,517 2,555,295 2,605,632
3,045,553 2,835,817 3,263,695 3,285,732
Total visible supply
li^ied.
5''8a6lied.
Price Mid. Upl., Liverpool
5»i8d.
11 ago.
lO'go.
93uc.
loaijc.
Price Mid. Upl.. New York....
ports
Continental
this
week
66,000 bales.
IS" Imports into
At THE Interior Towns
movement
the
—that
the receipis
for 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 1884-85 is set out in detail in tlie following statement,
is
—
g E
? 3
Of?:
>1
^MXfJtsuto
to
CO
:
:
:
:
.
•
.
.
^ » 00 CD
7.,
r.
jj P9
t3 CI
to
OW
GO CC M
y. .^ *. K- -4
'-1
CC
Ci;
O %> CC 00
•:]
—" SP >'>
E-.
,
Cit
— *» K M -1
O* to Cd
y
c
«
W -*
if-
KtCC to
01 'X' to
00
Qu tc <;
OiCD atxat5if^u>tocdc;>o-'C
Ci CC c: H* en
*• 00 01
to to #-
a
»;
r.
'en
tt03lkODOI>Oll
<D
00 0)
0-.C
1^
CO ti
O
ODCt;
ill
1^00 tOlO'J
to 00 CI
i-M
-
"OSOM
oaoo — ao'W'-'
•«*
to bS
toua
tOOttOX
X CO O -^
-too***
)f^
CnCetOC"
CC r^ -^ to
1:0
OsOs
CO CO
^ CO
II
—
M
X to -1 ^ h- CO H»
o V. o cii'^ oV
-] 3)
CO ^ tQ o<
X
p
xVa*»o;w'^«iMO*xcia5wy>ciooaiw
*t
a o ® o -o -^ a CO o CO CO CO X X en !0 to CO
a oa CO gi to X ^ ot -^ X r- en X o CO CO ^
•^J
c;i
c;t
rf^
>-•
AC!
JOCOC"
Mio^-xg
CCDiKCO
coco
OC;«cc*. 3iX
OOWMMMtfcCl
H01
M w o * oi a M to *i
X o «o tc
cs o » o 00 VI a> M t^ -Q
0'0>:j»»0
rf»
ifk.
J
sn
c/)
o>
— octo'Oioocococx'^to.
• O-fcxooo
lOOCX wwto
Vos'i"wc;»1oa5
0<^O3jl--OQ:oOt-'; tOxO'-JtO-^-lif^
•^jiac;iH'co«^c;<x
This year's Ugures estimated.
The above totals show that the old interior stocks have
decr«o««ddurinK the week 233 hales and are to-night 329.533
more
the same
tlian at
the
same
period last year.
The
receipts at
towns have been 11.354 bales more than the same
last year, and since September 1 the receipts at all the
to vns are fj:!3,307 bales more than for the same time in 1884-5.
QUOTATIONS FOR MIDDLING GOTTON AT OTHEB MARKETS.—
in the table below we give the closing quotations of middling
week
8»u
2i!'»
I
8%
9
s^•
9>«
8«*
9
8T.
OH
Vi*
8«i
IS-
8*
8M
8%
SH
8i«
8»»
8aR
8»»
ReuitU at the PorU. Sfk at Interior nmmt.
ITaak
1884.
1886.
1886.
1884.
1883.
1866.
»*a
n't
BH
8»s
811
8%
Bec'ptt from Phmt'nt,
119,110
rat.
5..
111.481
"
M..
10S.821
•'
10..
aa..
66,013
78,467
S..
ei'.'iW
"
Mch.
18M.
1881.
1886.
184,804 309,764 S8(l,MSl47«JM3
89.780 128,418,888,475 8Tl,igo|4S9,013
68,821 l(»k7«S 868,068 286,046 464.116
80.864
84.808
t8.0S7 I17,S»«
64.384 108,684, 264,460 284,231448.170
u.
50,318 82,867,827,8«S 2ie,488'443,6ae
86,8661 68.288 808,477ll»9.179'448.406
51,894
38.610
48.302
4W.985
a8.663
88,868
I
JU.W..
n,M»
80.703 11S.»»
et.BJ5; 58.b70
eO,88S
9e.67»
87.808
68.085
—
The above statement shows
1. That the total receipts from
the plantations since September 1, 1885, are 5,038,860 bales;
in 1884-a5 were 4,628,864 bales; in 1883-84 were 4,578,645 bales.
8.
That, although the receipts at the outports the past week
werf 68,233 bales, the actual movement from plantations was
onl}[ 68,035 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 39,563 bales and for 1884 they were
46.935 bales.
—
Amount op Cotton in Sight March 5.— In the table below
we give the receipts from plantations in another form, and add
to them the net overland movement to March 1, and also the
takings by Southern spinners to the same date, so as to give
substantially the amount of cotton now in sight.
1885-86.
1884-85.
1883-84.
1882-83.
Seoehits at tbe ports to Mch. 5 4.607,302 4,446,900 4,422,324 5,026,540
Cnterfor stocks on Marcli 5 in
426.558 181,964 156,321 238,138
excess of September 1
from planta'tns 5,033.860 4,628,864 4,578,645,5,311,678
Net overland to March 1
Sonthem consumpt'n to Moh.l
617,134
205.000
501,782
180,000
461,070
190,000
March 5
fi26.55U
2uo,00O
5,855,994 5,310,646 5,229,715 6,041,232
It will be seen by the above that the increase In amount in slKht^
to-night, as compared with last year, is 545,348 bales, the Inureaae
Is
is
620,279 bales and the decrease from
185,238 bales.
—
Weather Reports by Teleqrafh. There has been rain ia
about all sections of the South during the week, and rather
heavy rain in most districts of the Southwest. Some of our
correspondents report that planting preparations are verybackward.
Galveston, Texas. It has rained on five days of the week,
the rainfall reaching three inches and twenty-nine hundredtiis.
Average thermometer 59, highest 65 and lowest 47. During
the month of February the rainfall reached one inch and
eighteen hundredths.
Jndianola, Texas. We have had hard but beneficial rain on
five days of the week, the rainfall reaching four inches and
twenty-one hundredtiis. The thermometer has averaged 59,
the highest being 66 and the lowest 55. Rainfall during February one inch and thirty-one hundredths.
Palestine, Texas.— It has rained on five days of the week,
the rainfall reaching three inches and forty-three hundredths.
The thermometer has averaged .59, ranging from 41 to 69.
February rainfall one inch and seventy-six hundredths.
New Orleans, Louisiana.— It has rained on three days of
the week, the rainfall reaching three inches and twenty-five
hundredths. Tiie thermometer has averaged 54.
Shreceport, Louisiana. Telegram not received.
Columbus, Mississippi. It has been showery on one day
of the week, the rainfall reaching twelve hundredths of an
Averinch. Planting preparations are extremely backward.
age thermometer 43, highest 54 and lowest 30. During the
month of February the rainfall reached three inchen and
fifty-four hundredths.
Leland, Misiissippi.— The weather has been cloudy and
Dart of tho ivep!>. The
creater part
istv. with rain during the greater
misty,
The
rainfall reached one inch and eighty- two hir
.1 the
thermometer has averaged 45 4, the highest
niches
lowest 37, During February the rainfall reaches lii
and fifty-eight hundredths.
-n
Little Rock Arkatiatu.— It btm been cloudy
with rain on five days, the rainfall reachingoi
hundredths. Average thermometer 43. highe.-i
—
00***'
tiio
fCO
C(j!&oasoi»-*coto!Dcn
(-•coco-MCdfr.-vi.k
oc CO to_^ jg X
jO ;g x_>»-._co Ci
aD;-j x_i*» OT
C.3
8«»
8"^
87„
9
8%»Tg
BBOBIFTS from the E>LANTATIONa—The following table
indicates the actual movement each week from the planThe ftgurea do not include overland receipts nor
tations.
Soutliem consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the outports.
1882-83
w
"-^JiktoCito^Crttootocotocoycoco*-!-*
if>'
84
ihla.
as compared with 1883-84
SODJD uccco
'
OOi OMIOC^lXXO
»-lOtOH»C»
S;io-*4^«>;
oivtxtouiu!
8^
8%
a*
iT'«
8>«
8>*
JH.
Northern spinners' takings to
1,3.53,665 1,085,552 1,142.554 1,3}5,864
Uaroh 5
X to c
CC-.M
^i-*
CO
os'biOQD*-iC'
8>t
—
o -- to M
OO)kC}C0<fkO^0i>
Ik
8>s
tm—
Thuri.
j^
to &
oitoictolocr.^.byi'^t
(J
COOCdCCOOtO
bales
-
Total in sight
c;5rM*2g;
T » 9
PB.
at
Q
covio«ooi;o>-ccoicuiotocciotoa'.co-i
•
•
Tot. receipts
s=g>
^0L
H
8 '8
3,0-l5,553 2,835,817 3,263.095 3, 285.732
ToWvlBlblesapply
ymerloan
Batttmore....
9
8*8
8»»
SOg
•
St.
S>t
Widtut.
lii'
Total IMropeanBtfCkB.... 1.047.200 1,444,300 1,48S.400 1,320.100
125,000
22!),000
196,000
India coll "11 ;iiloat for Europe. 182.000
276,000
39a,000
407,000 538.000
I'liullo;!! U<v I'lir'pe
Amrl'ii
13.000
26,000
38,000
KVpe
40,000
K.
8>
VorfDlk
Boaton
-
8»i«
819
8>t
8>«
8^
Ttui.
8^
8(4
8%
IS2
8>«
Mobils
.
Total <lre«t Brttaln itook
Stock «t II.uiitiiirK
Stock 111
11
Stock
III
Stock :i:
315
—
—
1
—
.
THE CHRONICLE.
316
[Vol.
XUL
India Cotton Movement fbjots. all Ports.— Tne receipts
fell on one
Last week whb clear except on two days. Rain
inch. Ihe and shipments of cotton at Bombay have been as follows for
day to the extent of niuety-two hundredths of an
ther- the week and year, bringing the figures down to March 4.
weather was excellent lor farming purposes. Average
BOHBA.r RB0EIPT8 AND SHIPMENTS FOR FODB TEAKS.
mometer 47, hinlieist 68 and lowest 27. It ramed on seven
and the
days and tliere was snow on one day during February,
SMptnentt this weekShipments Since Jon. 1.
Receipts.
hundredths.
rainfall rea.hcd 'our inches and twenty-eight
r«or Great Oonti-\ „
Great
ContiThis
to
68.
from
11
ranged
and
41
The ttiermonieter averafi.td
^otal. Britain
Total.
Tear.
Bril'n]
nenl.
nent.
Week.
Hn*nu, ilrfrurMa*.— It has rained constantly on two days,
rainfall
The
cloudy.
been
has
1388
oi
week
2,000,'17,000'49,000
the
43.000
166,000
214.000 52,000 355,000
and tlie r. niaind* r
plough- H85 13,000131,000 44 000 37,000 11 4.000 151,000 36,000 237,000
reached sixiy hundredths. The ground is too wet for
,
being bU
ili. rniometer has averaged 46, the highest
and the west 41. Rainfall during the month of February
five imhes and seventy-one hundredths.
Utmpnis, Tennessee.— We have had rain on four days of
an
the weefe, the rainfall reaching forty-four hundredths of
39.
inch. The thermometer has ranged from 32 to 55, averaging
Last week we had rain on two days, the rainfall reaching
The thermometer
one inch and fifty-three hundredths.
ranged from 35 to 63, averaging 47. We had rain on ten days
during February, and the rainfall reached six inches and
forty-three hundredths. The thermometer ranged from 6 to
65, and averaged 40.
- ^u
Nashville, Tennessee. We have had rain on one day of the
inch.
an
of
hundredths
week, the rainfall reaching sixteen
ine
1
he
,
1984 2 1,000,24,00045,000' 12H,000 160,000
288,000 46,000
297,OOOl64,OO0
lS83ll9,00Ol3B.000l55.OOOll03,00o!l94,0OO
391,000
464,000
1.
—
—
!
—
—
Auburn, Alabama.
Tuticorin.
Kurrachee and Coconada.
Shipmenttfor the week.
Shvpment* since January
1.
•,
Average thermometer 36, highest 45, lowest 24.
It rained on three days last week, and the rainfall reached
eighty-one hundredths of an inch. Average thermometer 41,
Rainfall during February two inches.
highest 60, lowest 21.
Mobile, Alabama. It has rained severely on two days and
ha been showery on four days, but at the close of the week
there is a favorable change in the weather. The rainfall
reached three inches and eighty-four hundredths. The thermometer has ranged from 43 to 68, averaging 50. It was
showery on one day of the week, the rainfall reaching
The thermometer
twenty-seven hundredths of an inch.
ranged from 31 to 70, averaging 55. February rainfall two
inches and fifteen hundredths.
Montgomery, Alabama. We have had rain on four days of
the week, the rainfall reaching two inches and eighty-two
hundredths. The thermometer has averaged 46 '6.
8elma, Alabama. It has rained steadily on two days of the
week, the rainfall reaching two inches and eighty-two hundredths. The thermometer has ranged from 35 to 56, averaging 49. February rainfall five inches and seventy-five hundredths.
According to the foregoing, Bombay appears to show an
increase compared with last year in the week's receipts of
16,0OC bales, and an increase in shipments of 5,000 bales, and
the shipments since January 1 shew an increase of 63,000 bales,
The movement at Calcutta, Madras and other India ports for
the last reported week and since the 1st of January, for two
years, has been as follows.
"Other ports" cover Ceylon,
—It has rained constantly on three days
of the week, but at the close there
is
a favorable change in the
Continent.
Great
Britain.
Oalcntta—
1886
1885
7,000
2,000
2.000
4,000
Great
Britain.
Total.
9,000
6,000
Continent.
16,000
18,200
Total.
11,000
4,700
27,000
22,900
itfadraa
1886
1885
2,000
3,600
2,000
3,600
AU others—
1886
1885
Total
i",6o6
i',oo6
12,500
9,500
6,000
2.000
18,500
11.500
9,000
7,000
30,500
31,300
17.000
6.700
47,500
38,000
aU-
1886
1885
7,000
2,000
2,000
5.000
The above totals for the week show that the movement from
the ports other than Bombay is 2,000 bales more than same
week last year. For the whole of India, therefore, the total
shipments since January 1, 1886, and for the corresponding
periods of the two previous years, are as follows:
BXPOBTS TO EUROPE FROM ALL INDIA.
1885.
1886.
Shipmenls
Europe
to all
from—
Bombay
1884.
This
week.
Since
Jan. 1.
This
Keek.
Jan.
49,000
211.000
44,000
151,000
Since
This
week.
Jan.
43.000
288,000
1.
Sijuie
1.
The rainfall reached two inches and ninety hun- AU other ports. 9,000
47,500
7,000
38,000 10,000
61,000
dredths. The thermometer has averaged 45, the highest being
Total
261.500 51,000 189,000 5.=i,000| 352,000
59,000
57 and the lowest 3.S. The rainfall during February reached
four inches and thirty-one hundredths.
Alexandria Receipts and Shipments,—Througjh arrange
Madison, Florida.— Telegram not received.
tnents we have made with Messrs. Da vies, Benacm & Co., of
Rain on one day last week to the extent of eight hundredths Liverpool and Alexandria, we now receive a weekly cable of
of an inch. Average thermometer 51, highest 73, lowest 38.
the movements of cotton at Alexandria, Egypt. The following
Macon, Georgia. Telegram not received.
are the receipts and shipments for the past week and for the
Columbus, tfeorgia.—It has rained on two days of the oorresponding week of the previous two years.
week, the rainfall reaching three inches and twenty-nine
hundredths. Average thermometer 52, highest 54, lowest 43.
Stexandria, Egypt,
1883-84.
1884-35.
1885-36.
We had rain on one day last week, and the rainfall reached
March 3.
one inch and twenty-five hundredths. Average thermometer
(cantars*)47, highest 60 and lowest 30.
During the month of February BeoelptB This week
28,000
50,000
30,000
the rainfall reached one inch and eighty-seven hundredths.
2,691.000
3,148,000
2,561,000
Blnoe Sept. 1
Savannah, Georgia.— It has rained on five days and the
This
Since
This
Since
This
Since
remainder of the week has been cloudy. The rainfall reached
week. Sept. 1. week. Sept. 1. week. Sept. 1.
one inch and eighty-seven hundredths.
The thermomeExports (bales)—
ter has averaged 47, the highest being 63 and the lowest 38.
4.000 196,000
5,000 266,COO 3.000210.000
Augusta, Georgia.— The weather has been cloudy and
7,000 130,000il 4,000 100,000
2,000 117,000
ro Continent
weather.
—
threatening during the week, with light rain on one day.
rainfall reached fifty-nine hundredths of an inch.
Average thermometer 44, highest 62 and lowest 33. The weather
was clear and pleasant last week, with light rain on one day.
The rainfall reached twenty-two hundredths of an inch.
Planters were busy breaking ground, and general preparations
for planting were going on. The thermometer averaged
49
ranging from 23 to 70. During the month of February the
ramfall reached one inch and seventy hundredths.
Atlanta, Georgia.— Telegram not received.
The
Albany, Georgia.— We have had rain on three days of the
week, the rainfall reachingtwo inches and eleven hundredths
beason will be late. Average thermometer 47, highest
65 and
lowest 38.
Charleston, South Carolina.— It has rained on two
days of
the week, the rainfall reaching one inch
and thirty-four hun""" '*-«'^^Sed44, the highest being
KS'he^lotest'S."'"'*""
Statebtirg South 'Carohna.-Snow with
sleet and rain fell
"'^Iit and Sunday, the rainfall
reaching
ZfJ""- ff'^'^'^y
forty-eight
hundredths of an inch.
The thermometer hal
averaged 41-6, ranging from 30 to 55. RainfaU
dm-ing February one inch and forty-six hundredths.
Wtlson, North Carolina.-Tel<igram not
received.
ihe following statement we have also received
bv teleeranh
£?f.JJ_?i:
"inMonrg
^:Sg??
Above low-water mark.
bo^^ low-water mark.
f
Above
low-water njark.
Above low-water-mark
low-watei -mark.
Above
Above low-wiiM<r.„>B.-u
low-waier-iuark
,.
marTi pXri)rK7885''
30, 1889,
:
'""''•
'^^'^
"' "«!<"'
JUgH-wWr
'
7,000 310,000
A oantMi' 18 98 1U8.
This statement shows that the receipts for the week ending
28,000 cantars and the shipments to all Europe
March 3 were
6,000 bales.
Manchester Market,
—Our report received from Mandhester
We
give the prices
to-night states that the market is firm.
for tij-day below, and leave previous weeks' prices for comoaiTSon.
1S84-85.
1885-86.
82< Oop.
IwisC
A.
d.
Deo 31 7'8 »8'l«
Jan. 8
" 15
" 22
" 29
Feb. 5
..
12
" 19
" 26
7%assi8
734 ®B5jg
8H
lb:
Shirtitigs.
A.
Oott'n
Mid.
Uplie
d.
R.
32«
Ccn>.
Iwist.
d.
a.
7ifl»7
410,6 87te«9lie
7ia»7
719 97
7'sa7
5
8^8
r9
88516
T^t7
5lt8
5I18
5
86i.,«8I6ih
7S8'a83ie
7ht'7
4",6
8Bififf816,(,
7isi3i7
415,« 8Sie»8l6iH
413l6 8H, efi'a
4?t
4161R 8H »8'^a
7%
758B83,e
79,6ffi8lB
7i2r57
7i3aBi,«
7
Mcli. 5 79|«a8'8
7
®7
«?
86,ga8i5ie
8H
Oott'n
lis.
Shirtings.
i.
K.
d.
7ia«7
7iai7
7'«;j7
7'sJ'7
ff6 10>«
e6 10>a
7 «6 lOij
6 96 9>s
u6 9>9
6 'd6 9 la
7
7
Mid.
Vpldl
d.
6
51t„
5'9
51ISig
6
6
6
6
6>s
eiia
&c., to March 1.—In our editorial
our regular statement of overfound
will
be
to-day
columns
land movement, receipts, exports, spinners' takings, &c.,
Overland Movement,
brought down to March
S^ 9^'eana»
^fSSVf-
6,000 3 1.S, 000 12.000 396,000^
Total F.nroBe
"
1.
Mobile Cotton Exchange and Chamber of CostmkrckYork,
New Building.—The Cotton Exchanges of New within
Savannah, New Orleans, St. Louis and other cities have,
Mobile
the past few years, taken up new quarters, and now at
a handsome building has been erected to be occupied jointly
by the Cotton Exchange and Chamber of Commerce. The new
March
0.
THE CHllONICLK
1?J!6.1
stnifluro wiw dedicated on Monday, March
1
;
ia
it
a
fine
317
and
Hio uiodorn renaiiwance stylo of archiIt
tecturt', HuniiouiUfd by a root of Queen Anne design.
rims O,"! foot from the ground, fronliiiK 83 feet on St. Francis
Street ami 9(1 feet on Uominoroe, and ia constructed of redpnwsed /.ant'Hville brick, onmiuentod with black and buffcolored teini colta work. The present officers of the Cotton
ExchBnt?o are Mr. D. E. Huger, President ; Mr. T. 8. Fry,
Mr. Louis Touart, Treasurer, and Mr, R. H,
Vice-l'reaident
Bollinf';, Secretaiy and Su|)erinteMdent, while the affaire of the
Chamlii'r are in the hands of Mr. T. W. Bush, President Mr.
Leroy Hrewer, Vice-Prenident Mr. Thaddeus Harrison, Treasurer, and Mr, A. P. St. John, Secretary.
'
;
East India Crop.— From Messrs, Wallace & Co.'s cotton
report, dated Bombay, January 29, we take the following
:
liexliuiliig to Increiwe rapidly on last .venr'o (IgnreB.
owlnjttlili.ll/ lo lartfor arrivals from tlio OoMirawntiee dlstrlole. The
iiiiality In oonipo.soil niwtlv of "Oood" and the lower (tniden, '•Fully
Oood luiiiK •ciirce and -Fine" almost unobtainable. S«ll(>r» arc now
Roeclpts are
dl»lnclln>d to contract for "Fully Good," and an there Is somo doninnd
for It, It l« comparatively Avar, wUlle 'F. O. P." la relatlvi-ly cheap and
pleuilful. Th.t n'lailiy of the crop continues to bo satlsfiu^tnry, the
only result fr.>iu 'he recent rains so far bolus that '"Good," and cs]>e-
would otherwise have liocn
crop shows a groat Improvement as compared with that of the past two y< nrs, the short nrngh
Btaplcso iippirent la last yi ar's crop having almost entirely disappeared. .-Vico'inls from Broach and Kattewar are must satisfactory.
In the forinirdistiicis cU'U.ly weather Interfered somewhat with the
crop, bat recctiily tho Wdathor has cleared up. and heavy diiws at night
arc now materially assisllnx the maturing of the crop. Perhaps a little
stain, the result of late ciouily weather, may be apparent in the tlrst
arrivals. Imt still the quality all round la expected to be unusUiUy
good. Inpvrts of Km Kiwar pickini; of the Dhollerah varletiei has
already coinmouced. and with favorable weather henceforward, an
early and good yield may be looked for.
olally "l". ('. P." Is more pli'ntiful than
the case. Tlio .st.iplii "f the Oonirawuttee
ii
.
PUII.AIIKLI-IIIA—
—
SHiPPisa News. The exports of cotton from the United
States the past week, as per latest mail returns, have reached
10O,H6 bales. So far as the Southern ports are concerned, these
are the same exports reported hj telegraph, and published in
With regard to New York we
the CHRONICI.E last Friday.
include the manifesta of all vessels cleared up to Thursday
week.
night of this
Total balet.
Llverpoo', per steamers Alicia, 3,608
Borderer. 3,915. ...Celtic, 2,043. ...City of Kichmond, 2,160
....Plato. l,".'..'5....8ervla, 1,6.59 ...Wisconsin, 471
15,309
To OlasKOW, i>t;r s eam.-r Alexandria, 785
785
Hbw York—To
To Uavre. per stenm.r C.'inada, 679
To Bordeaux, per steamer Chateau Margaux, 200
679
To Himiinrg, per steamer Tn.iia, 100
To .\m<tordaui, per s: earner Zaaadam. 100
To Uotterdani, per tteamer Castor, 100
To Antwerp, per steamers Asia, 450
Pennland, 408
To Christiana, pertteamer Island, 200
KBW Om. bans— To IJverpi>ol, per steamers Counsellor, 5,440
....Explorer, 4,651.... Humboldt. 2,114
To Havre, per sieamers Azalea, 4,44^
200
300
100
100
858
200
Yucatan, 5.029 18,437
8,283
Eglantine, 3,835 ..
Port
To Bremen, iwr steamers Boskeuua Bay, 4,400
lersliip Il.rmann, 4,374
To .Mala>»i, per liarii Nuovo Mondo, 1,500
Bavajinau—To Bremen, ter steamers Border Chieftain, 4,419
....Llangorse,
,122
To -Antwerp, p.r8teamer CoronlUi, 4,001
To Gortenburg, per brig Bams. 1,02>
To Barcelona, |ier liaik Agantyr, 1,600
Charleston— To S.^bastoool, per steamer Glenliret, 4,315
To Barcelona, per bark Mario, 1,330
Galveston— To Liverpool, per ships Callixene, 2,482. . .Monster,
5,106
Baltimokk— To Liverpool, per steamer Barrowmore, 3,521
BOSTON— ro Liverpord, per steamers Missouri, 3,230
Palestine, 2,6t;8....Pavonia, 1,706.
..
.p
-.
AXur.
Do
Total
^
Do
Ball
AmsUr-
Do
iiMii>t
H
"h
•ii'
»i'i'
85»
35*
85"
New
tiamburg, ateam.o.
Do
aeauje.
burg.
879
li/O
54,525
785
8,283 10,974
9,541
werp.
1,058
4,001
Do
9,162 20,615
5,059
d.
sail
•w'
85*
'Ii'
35'
85*
"e4»>i
>»ii»«.
e.
BaToelona,Btoam.e.
Genoa, steam
'saaiSfi
'.«i»''»«4
7jj1»l4
e.
'g2»'4
Trleate, steam... e.
Antwerp, Bteam..e.
Per 100
>4
H
"4
•.4»»M
Iba.
—
By cable from Liverpool, we have the following
statement of the week's sales, stocks, &c., at that port.
add previotia weeks for comptuiaon.
Liverpool.
We
Feb. 12.
week
Bales of the
balea.
Of which exporters took ....
Of which speculatora took..
Sales American
Actual export
Porwarded
........ ....
.
.....
,
—Eaoimated
Total stock
Of wureu American- Estlm'd
Total import of the
week
Feb. 19.
90,000
2,000
b,ooo
40,000
5,000
48,001
a.ooo
2,000
41.00O
3,000
1 4.000
671,000
ll.OOO
630,000
473,000
53,000
600.00'
Of which American
43,00>j
4monni ntloat
Of which American
277,00"
92,000
77,000
257,001
239,000
218,000
The tone
Feb. 26.
48.000
2.0<0
4,000
40,000
5.00C
17.00C
709,000
525,OOC
98,000
7«,0f0
21d,000
176,0C0
ilnreh 5.
59,000
3,000
S,00O
51,000
4,000
10.000
698,000
509,000
.">.'>,000
41,000
237,0C0
191,000
market for spots and futures each
day of the week ending March 5, and the daily closing prices
of spot cotton, have been as follows:
of the Liverpool
Saturday Uonday. Ttittday.
9pol.
Market,
\
12:30 P.M.
Freely
Harden'a Harden'g
Irregular.
offered.
tendency. tendency.
S
411,8
4«t
4%
More
demand.
4-'9
Good
demand.
4l8i.
4l3j9
4ia„
41=14
10,000
2,000
10,000
1,000
15,000
2.000
12.000
2,000
Steady at
3-84 ad.
Qnlet at
1.64 de-
Strong at
Str.mg St
Steady.
S.iB ad-
3.64 ad-
ranee.
cline.
vance.
vance.
Freely
Steady.
Strong.
Steady.
offered at
500
Spec.iite'xp.
4%
rrxdav
8,000
1,000
6,000
Sales
Wednet. TAurid'y.
DnI! and
Mid. Upl'de
Mld.Orl'n8.
o
F'l.twret.
Easy at
de -
Market,
12:30p.m,5
Market,
5 p.m.
2-IS4
cllne.
(
Firm.
Irregular.
loHt rates
(
The opening,
highest, lowest and closmg prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clatise, unlec
otherwise stated.
The prices are given in penet and 64fA«, (Aim: 4 63 mean*
4 63-64d.. and 5 01 means 5 l-64d.
nr
Sat. Feb. 27.
April-May..
May-June...
Jnne-July..
July-Aug...
Ang.-Sept..
September..
Stan..
Mch.
1.
Tnea., Mch. H,
Optn High Low. aio: OpMl High Low. OUh. Open
Bi«l.
d.
d.
d.
d.
d.
d.
4 40
4 41
4 40
4 40
4 43
4 41
4 41
4 43
4 45
d.
7,588
a,521
441
d.
4 41
4 41
4 41
4 41
4 41
4 43
4 41
4 41
4 41
4 43
4 4S
442
448
4 SO
4 13
4 30
4 30
443 443
4 44 44A 444 446
4 47 448 4 47 4 43
460 4 51 4 50 4 51
453 454 453 454
4 53
453 4S3 453
4S3 4SS 453 493
March-Apr. 441
8ept.-0ct....
d.
441
4 41
443 443
445 443
4 48 4 4S
4 50
4 40 4 41
....
Low. Oat.
d.
44J 4 45
443 445 445
449 448 4 47
4 SI 4 51 450
458 463 453
466 456 4BS
4 6e 4C9 458
480 460 4SQ
4 57 457 4 57
4
445
4 49
4 47
460
4B8
455
4S8
4 69
4 67
Christ-
Wednea., Mch.
topol.
Malaga.
200
1,025
4,345
1.500
1,600
1,330
Opm
3.
18,391
39.191
16,167
5,675
7,583
5,570 4,430100,146
the latest dates:
H8W Orleans— For Ltvernnol-Feb. 27-8teamer Historian, 4,510....
March 1— Steamer .Veto, 4,950
March 2— Steamer Cadiz, 5,400.
For Breinen-Maieh 3-8re trier Cioma, 4,267.
lor Genoa— Fel). Z7 -Bark Elioe, 1,784.
BAVANNAii-F,.r Reval-Marcli 1-Bark Carricks, 3,800.... March 3-
March
4.
i.
d.
li.
d.
d.
4 47
4 47
4 50
4 47
4 47
4 50
450
4B«
4 52
4 SO
4 53
4 53
4 52
4 53
4 55
450
March-Apr.
AprU-May.. 4 SO 453
May-Jane... 4 53
Jnne-July. 45S
July-Aug... 4S8
4 61
Ang.-Sept
September.. 4 62
.
Sept.-Oct...
Tkiirs.,
4N
Mch. 4>
Fri.. IMch. 3.
Bith Lov>. CiM. Open HtgA i;ow. au.. Open aigk LOW. ClU.
Total.
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
Shlp Regulua
.J..
Ball,..c.
Beva', ateam
March
3,521
9,610
785
H
aall....e.
Amat'd'm, ateam.e.
men it dam <t bm-g li BarceHam- Aiil- Sebjs- lona tt
<t
l/OM.
York.
N. Orleaue. 18,437
Savannah..
ObarlestOD
Galveston. 7,583
Baltimore,.
3.S21
Boston
9,610
Total.
Hatere
Bor-
Gtas-
vuol.
15,^(69
H
aall....e.
dam, iana,
Bre- Roller- OoltenLivcr-
'Ma's
e.
Bremen, ateam.. e.
4,34i
1,330
100,146
,
JH
ntttra.
.4»'e
BUll...(t.
l.tiOO
particulars of these shipments, arranged in our usual
form, are as follows:
Wtdmi
fUM.
JTMt.
d.
Havre, ateam.... e.
Do
^(earner Britlah KIDS, 1,350.
.
Uvarpool, ateam
9,541
4,001
1,025
The
—
—
„
,
Marob 1—
8icinnHr l,oril Cllve, 1,761.
Furlnlwerp-Feb. 25— Steamer Hwltzerland, 1,800.
Ootton freights the pMt week h»Te been aa foUowa:
10,974
1,500
9.610
...Venetian, 2,000
Nuraeman,
-itoamar Franolaco, 4,700.
I'
—
Jute Butts, Baooino, &c. There is no change to report
in the bag;;ing market and the irregular prices which ruled a*
There is a fair demand and goods are
our last still continue.
moving quite freely in small parcels, while a few large parThe quotations vary as to seller, and
cels have been placed.
while some are quoting 63^c. for 1}-^ lb., 7J^c. for IJ^ lb., 8c.
for 2 lb. and S^^'i-. for standard grades, others are willing to
accpteiXc forlV^ lb., e^--. for 1% lb., 7 J^o. for 2 lb. and
Butts are in good demand and inquiries for
8J^c. for tiest.
The sales aggregate
lots on the way a^e still coming to hand.
8,000 bales at P^c^lJgO. for paper grades and 2\4.@-i%c. for
bagging (lualilies, the market closing at these figures. About
30,000 bales were taken for consumptioo during last month,
and the visible supply is 289,237 bales against 329,72S same
time last year.
/- Ht....,„«r
March 1— .si
;
;
3—Steataer Woatarifalo, 4,860.
aiaer Thaiia, 3, '.','><>.
''(areli
iniposiiiK IJuililinK i"
Phiillii, -i.-im)
s
.
..
453 4B6
4 58 465 4Kl
460 458 460
4 63 4 8'. 4«3
BOO te-i BOO
4 61 4se 4 61
4 56
458 458
460 460
403 463
5 01 BOl
503 503
BOO BOO
d.
d.
453
4B3
4BS 486
4B7 4 67
ISO 460
463 463
500 600
B03 303
BOO 600
4 53
4 53
d.
d.
d.
458 4BS 4 57
498 4 58 4 5480 460 4 59
468 4<«3 4 61
6 01 BOl 600
304 304 6 03
607 6 07 6 03
BOS 608 607
BOO 600 SIM
iL
4 67
4 67
4t»
4 61
BOO
BOS
3U5
SOT
604
BREADSTUFFS.
Fkipat, p. M.. March
There
ia
Wdmeal,
5, 1888.
change to notice in the mu-kets for flour
The demand has been fair for homo consumption,
very
little
.
.
THE CHRONICLE.
318
scarcely
with moderatedealings for export, and values have
large purchases for export early
In wheat there were
These operin the week, and millers purchased very fairly.
would show
ations, with expectations that the visible supply
crop
a liberal decrease, and the danger to which the fall sown gave
was exposed from the severe weather in the Northwest,
little.
s fresh impulse to speculation, and prices improved a was
the visible supply did not decrease so much as
But
expected, remaining at formidable figures, and the weather
improved, giving a weak turn to values and checking speculation in " futures." To-day there was a stronger speculation, but the regular trade was dull.
DAILT OLOSniO PBICK8 OP NO. Z BED WINTEE WHEAT
Fri.
Wed. Ihurt.
Uon. Tuu.
Sat.
9438
94
94
---.
^4
Inelevator
94
93%
9aH
92%
92% 93%
•laroh deUvery
94%
94
9419
93»8
93% 94%
Anrildellrery
95%
96%
96% 96%
July delivery
la
100%
=8
100
100
100%
delivery
December
Indian corn was quite depressed after the closing up of
February contracts, and the speculation was dull, but a good
current demand for export and home use, with a continued
scarcity for prompt delivery, gave an upward turn to spots and
March contracts, caused some irregularity, as May options did not improve. To-day the market was about steady,
but only moderately active.
DAILY OLO8INQ FEICES OF NO. 2 MIXED CORN.
May
95J4
9514
•J5i6
96%
95% 96%
100% 100%
96%
96
94''8
deltrery
Si's
95'8
95%
Jane deUvery
Mon.
Sat.
P6I4
Wed.
rues.
Thurt.
Fri.
4958
....
49%
49%
50
50%
Inelevator
49''8
4958
50
49%
49%
49%
March deUvery
4914
49%
49
49%
49%
49
April delivery
48=8
4858
48%
48%
48%
49%
May delivery
Oats have met with a good trade, and the speculation has
been more active. The frost which came upon the early
sowings in Middle and Southern States will probably much
reduce the yield this season in those sections. To-day the
market was very firm.
DAILY CLOSmO PRICES OF NO. 2 OATS.
Sat.
Marchdeliverv
April lielivery
May delivery
37"8
Uon.
38
37'8
37'8
.
Wed.
Tue».
38
38
37''8
37%
38
38
37'8
37''8
37^8
Rye continues
quiet, but for barley the
tinued quite active, and stocks are reduced.
The following are the
Fri
TImrt.
demand
38
38
38
has con-
closing quotations:
FLoirs.
Sbbl.$2 50» 3 10 Soutliern supers
$3259
2 803 3 20 Sontliern baiters' ana
3 10® 3 60
family brands
4 659
Minn clear and stra't. 4 OOa 5 10 Rye flour, superflne.. 3 20a
Fine
WlnterXX * XXX..
Patents
Caty shipping ex
Bonth'n com. extras..
Com met
3 40 s 3 75
4 15® 5 15
&o
2 50
Brandywlne. *c
609 5 00 Buckwheat
4 009 4 50
100 lbs
3
Exports
from—
New York
Boston.
Portland.
Montreal.
.
37, 1886, are
several seaboard ports for the week
shown in the annexed statement:
Wheat.
Corn.
Bush.
153.435
31,829
32,931
Bush.
259,309
94,413
20,717
Philadel..
79,004
19,385
Baltlm're
N. Orl'ns.
587,929
303,314
Flour.
Bbls.
45,974
66,790
Oats.
Bush.
2,720
74,808
Bush
1,086
*•
2,436
14,706
418,374
1,581
3,495
Total w'k.
319,584 1,684,036
138,935
77,526
1885.
652,531 1,661,650
169,894
142,887
..
Peas.
Bush.
16,860
Rlchm'd
N. News.
.
Rye.
•
....
82,425
24,827
27,623
The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, Feb. 37, 1886 :
In store at—
tfewYork
Do
afloat
Albany
Do
afloat
afloat
Daluth
Do
afloat
Toledo
Detroit
Oswego
9t. I4<juis
Cinclnnatd
Boston
Toronto
Montreal
Philadelphia
Peoria
Indianapolis
Kansas City
Baltimore
Minneapolis
St.
Paul
Down
Mississippi
Oats,
bush.
3,032,038
121,940
534,863
3,780,246
4,803
90,50J
5,658,025
124,521
2,028,483
41,221
2,239,407
145,587
220,000
110,000
1,855,535 1,662,672
121,000
19,000
265,262
252,399
431,990
570,893
1,678
776,437
281,534
2,370
263,193
145,200
153,000
693,473
130,313
818,488
654,174
5,69?,847
• •K ..
1,076,000
581,400
Sye,
Barley
bush.
38,000
4,975
121,401
148,600
9,500
21,581
99.738
91,300
75,000
195,868
411,984
269,392
148,293
20,314
174,359
452,207
14,287,789
Milwaukee
Do
bush.
595,321
2,830,151
afloat
Ohioa.i?o
Com,
3,417,070
84,000
35,000
99,933
500
Buffalo
Do
Wheat,
bush.
7,341,842
520,000
2,597
35,765
,
237,831
25,000
232,642
2,231
143,456
100,132
234,171
80,440
48,814
8,034
569
9,800
21,883
36,000
6,319
164,580
102,797
91,000
42,912
189,211
5,134
49,243
2,981
325
500
2,709
4,816
610
54,500
3 50
5 25
27, '86. .52,149.696 11,503.910 2,247,859
730,217 1,381352
Tot. Feb. 20, '86. 52,841,839 8,867,578 1,997,150
693.052 1,570,935
Tot. Feb. 28, '85' 43,435.833 6,506,458 2,505,887
496,820 1,560,021
Tot. Mar.
1, '81* 31,073,900 15,354,501 5,487,393 2,240,000 2,244.917
Tot. Mar. 3, '83* 23,332,271 13,645,611 4,149,411 1,832,0-0 1,916,472
*
MlnneapoUa and St Paul not included.
3 50
1
Western,
450»550
The exports from the
ending Feb.
XUI.
To. Feb.
Saperfine
Spring wheat extras.
Winter shipp'g extras.
[Vol.
flour,
3
^
s
3 00
00» 3 05
THE DRY GOODS TRADE.
New York, Friday, P. M., March 5, 1886.
Business was only moderate in commission and importing
circles the past week, wholesale buyers having stocked up so
Wheat—
Eye— Western
61
freely during the past ninety days that they are moderately
85 al 03
Spring, per bash.
State and Canada.
64
66
94 ® 96
8prlngSo.2
Oats— Mixed
36
40
well supplied for the present. There was, "however, a very
93 a 94
4(1
Bed winter, No. 2
White
45
fair movement in both domestic and foreign fabrics on ac80 »1 01
Bed winter
No. 2 mixed
38
39% count of previous transactions,
and the jobbing trade here
85
White
98
No. 2 white
41
4214
46
Corn—West, mixed
51% Barleyand at som.'^ of the interior markets has started up so briskly
49%? 51
West. mix. No. 2^
No. 2 Canada
84
that a good supplementary demand is confidently expected in
West, white.new.
48 a 52
State, two-rowed
70
75
the near future by agents for home manufacturers and imM'cBt. ycUow.new
46 a 52
State, six-rowed .... 80
90
porters alike. Owing to the large force of out-of-town retailers
White Southern..
50 O 55
Buckwheat
52
53
Vellow Southern.
48 a 52
now in this market, local jobbers have experienced an improved
The movement of breadstufls to marKet is indicated in tin demand for most descriptions of goods adapted to the coming
season, and the volume of busiuess in this connection was
statements below, prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at Western probably in excess of the corresponding period in recent years.
lake and river ports, arranged so as to present the compara- The event of the week was a peremptory auction sale of 15,520 dozen silk handkerchiefs, the production of the Phoeaix
tive movement for the week ending Feb. 37, 1836, and since
Manufacturing Co., of Pdterson, N. J., and AUentown, Pa,
July 26 for each of the last three years:
The sale was larg.ily attended by jobbers and prominent
retailers, and the entire offering (which realized |33,500) was
BtceipU at—
Com,
disposed of in less than three-quarters of an hour at good
BbU. 196 lbt\Bush.eo lbs Bmh.56 lbs
average pi'ices. The situation in the manufacturing districts
Chicago
60,716
138,428'
1,884,680
of New Kngland is still unsettled because of labor troubles.
Mtliraulcee..
102,498'
72,549
11,040
The Amoskeag Manufacturing Co, have been enabled to start up
Toledo
5,183'
42,801
763B8
a considerable portion of their machinery, however, and the
Detroit
8,258
54.080
114,334
Bates Manufacturing Co. look for a speedy settlement of the
Cleveland
2,B12
7,200
18,000
difficulties with their operatives; but on the other hand strikes
St. Louis. ,,
13,155
64,612
818,765;
Peoria
2,100
have occurred at the Barnaby Gingham Mills, the Edwards
S.750I
280,726
Sniuth
44,331
Mfinufacturing Co. and some minor concerns.
Domestic Cotton Goods.— The exports of domestics for
Tot.wl!.
441,094'
159.418|
2,883,902
'86
Same wk.
the week ending March 3 were 5,595 packages, of which 5,134
160,8831
1.143,289
8,315,883
Same wk. '84
149,9r2|
645,089
were shipped to Great Britain and the remainder (in small
8,092,024
Sinct July 88
parcels) to other foreign markets. The exports during the
1888-86.....
5,010,369 44,538,873 68.585.971
next fortnight are likely to ba quite liberal, because two
8,823,587
1864.«e
6,166,291 83,103,844 68.184,070
steamers will sail from this port within that time, for China
3,765,383
18e8-«l. ...
5,731,4861 66.881,472 74,334,470,
5,8)5,989
and Japan, via Suez Canal, The jobbing trade in staple cotton goods was fairly active, but the demand at first hands was
The receipts of flour and grain at the seaboard ports for
the spasmodic, and moderate in the aggregate amount. Prices of
week ended Feb. 37, 1S86, foUow:
plain and colored cottons remain firm, because of the relatively
Flour,
Wheat,
Com,
Oatu,
Barley,
small stocks on hand and the increased cost of labor at the manuJitbbls.
bush.
6««A.
bush.
bush.
bush.
New York
68,560
11,000 2,497,610 432,350 89,475
facturing centres. Print cloths alone were a trifle weak, and
Boston
49,720
14,550 176,673 231,297 11,315
per cent for 64x613, and 3J^c,
prices receded to 3 3-1 6c. less
Portland
less 1 per cent for 56x60o. Prints ruled quiet in ageats' hands,
Montreal
3,328
7,800
27,960
1,483
Philadelphia... 16,486
but were more active in jobbing circles, and prices for desira36,600 115.200
61,000 31,200
Baltimore
25,608
42,813 450.382
28,245
Ginghams, woven wash
3;525 ble work are steadily maintained.
Richmond
2,975
2,991
18,464
22,790
fabrics, seersuckers, table damasKs, scrim curtains, tapestries,
New Orleans... 14,831
258,738
58,290
::;;;:
quilts and tapestry table cloths were severally in fair demand,
and there was a good steady movement in white goods, cotton
hosiery and spring underwear ia execution of former orders.
185a
1
.
2 00
.
.
^
:
March
6,
:
THE CHRONIOLE.
1886.]
319
DoMBSTio WCK1LBN GooDS.— The
situation in the market for
woolen kcxhIs i» practically «nclianj?ed. Some fair orders for
heavy oaasimeros, worsted suitina^s and overooatinga were
plaoeJ by the clothing trade, but thero was less snap to the
demand than could ba desired by holders. Prioea of olothlug
wooloiis are gouerally steady at the lately-reviwd quotations,
and moat dosoriptiona are doubtless cheap at present figures;
but buyora are pvidently determined to conduct their operations with ta.ire than usual caution, owinff, psrhaps, to the
recent lin'ak in crtain makes of worsted suitings and ootton-
oloakings and sackings were in moderate regood business was done in Jersey oloths,
whili! agents continued to charge up and make steady deliveries ol all-wool and worsted dress goods on account of back
orders. Sitinats were somewhat less active than of late,
though in very fair demand, and dealings in Kentuky juans
and doeskins were only moderate. Flannels and blankets have
met with a fair share of attention, and the mill agents are
very Arm in their views as to prices. Carpets were in irregular
demand and steady, aa were wool hosiery and heavy underwear.
FoiiBioN Dbv Ojods.— The recant arrival of overdue steamers at this port his enabled importers to make large deliveries of dr.>88 goods, mau's-wear woolens and other fabrics,
in execution of orders on record, but the demand at first
hands was o:ily moderate. The jobbing trade has shown
more auimatioa, and a fair distribution was made in all
departments bv the principal jobbers, in spite of the unfavorable condition"of the weather throughout the week. Novelties in woven and printed drew goods were taken with considerable freedom, but staple fabrics were rather slow. Silks
were in moderate request, and there was a steady call for
white goo Is, laoej, em iroideries, hosiery and fabric gloves;
but linen goods were sluggish in first hands._ Men's-wear
woolens and worsteds were moderately active in some quarters, and some liberal orders for fall cloakings were placed
Prices are without
(for future delivery) with importers.
quotable change, but generally steady.
warp
caasiiui.'rf s;
quest,
and a
f.iirly
...
10 iff
v]
t
f»
o
on
ite
•^
e
eo>
•J»
ooa
»
&
Bros.
Co.,
SUPERIOR STREET,
CLEVELAND, OHIO.
No. 137
Transact a jroneral banking business, and
TOWN. COUNTV AND
CITV BONDS.
B8TABLISHBD
1871.
Keleher
&
Co.,
OLIVK 8TBBKT. ST. L0DI8.
Dealers In Western Secnrilles.
306
Dsfaolted Bonds of Misioorl, Kansas and Illlnota ft
Specialty. Oood Investment Seonritles, paying from
tour to eight per cent, for sale.
&
Chas. H. Potter
Co.,
INVESTMENT BANKERS,
CLEVELAND, OHIO.
SPECIALTIES:
TOWN, COUNTV ANU CITY BONDS,
LAKE 8UPKK10K IKON MINING STOCKS,
AND 8TUEKT RAILUOAD SKCUBITIES
&
Eustis
B A N KB B 8.
Co.,
Prwiaeat.
J
i
8TATB BANK,
(
Io<x>rporated 1ST5.
i
*•
teen
*.
IS
a>l'
!->«,
eo io at 05"^
QQtOtOlO,!]
OD
to
U ou
C. T.
Walker,
— ^^ ^ 'O
LITTLE ROCK, ARKANSAS.
-
-
-
-
«300,000
YORK
!TI1E IWEVV
1^1^ --JOM
W M rf^ ((^ rf^
p<i*- WW
t
CS
November
26th, 1878.)
Sole Maunfactnrer,
LIBERTY
8T.,
President
M Vice-President
8d Vice-President
Sec'y and Treas.
WM. P. WATSON
Authorized Capital Stock, (1,000,000.
Paid In • •
600,000.
_•_ • •
SODND INVESTMENT BONDS fomlshed to
Sav-
ings Banks, Insurance Companies, Executors
Trustees of Estates, and Individual investors.
and
UNITED STATES BONDS, SUte
Bonds, MuniciBonds, Kaitroad Bonds, bought and sold,
DEFAULTED BONDS of SUtes, Munldpaltties
uid Railroad Companies negotiated or collected.
CALL AND TIME LOANS made on United States
Bonds and good Municipal and Railroad Bonds.
pal
FINANCIAL AGENCY for railroad companies and
Will also conduct the reorganisation of railroad companies and other corporations
default,^or
are
In
bonds
whose property Is In
whose
the hands of Receivers or Trustees.
BAILBOAD LOANS negotiated.
Circulars on application.
otber corporations.
so OTHER BUSINESS.
Cash Capital
$300,000
830,000
Assets and Uesources
240.C00
Deposit with Insurance Department
President
Vloe-Presldent
qalt.
Bon.
jas. kesriib.
Bib alix. t.
ters atoncf. l'arli.!s using same pronounce It the
Terythlni! iheyMfaiit; the Copies are clear, distinct
and anllorm.
Send for Price
D.J.
4,608 1,825 4,173 3,S11
00 -q
too
(^ <i to to to
o
"b'xlo
tO'^WXtP
CO '.0 tC OS
- 1 *» CO
tC
rf*.
xwto
i>-
c;>xi
c .o
W ~J o
ra
—
;»«
List.
FIDELITY A
Nos. 214
BROADWAY.
TOMPKINS.
NEW
YORK.
'° D-S. Gov't Bond..
''«JUS2S."^'**'^'''?"'."'J®'"«'
taoo.OOO deposited with the N. Y. Isn. Dept. for
the protection of Policy-holders.
January
1st, ISB5, (S12,U»I II.
.A"*}".'.
Officials
of Banks, Railroads and Uxpreas ComsaDies, Manager3,Secretarles, and Clerks of Public Companies, Institutions and Commercial Arms, can obtain
BONDS OF SURETYSHIP
from this (?ompanv iit moderate charges.
The bonds of this Company are accepted by fie
courts of the various States
CASUALTY DEPARTMENT.
Policies issued against acctdenta canalug death or
totally disabling injuries.
Full information as to details, rates, 4c, can be
ubtained at head office, or of Company's Agents.
WM. M. RlCHARr;8, Prest. JoUN .M. Cka.ve. Seo"*
ROB'T J. IIlM.AS, Asa't Secretary.
DIKECTOKS:
Geo. T. Hone
David Uows,
W. G. Low,
Charles Dennia,
9-„9a Williams, A. S. Barnes,
J.S.T.Str»nahan,lI. A. Huribut,
Alex. MltcheU.
A. B.Hall.
^J. D. Vormilye,
8. B. Chittendoi.
Geo. 8. Co..
Wm. .M. Richards.
Svntst
€amp^uUs.
The Brooklyn Trust Co
Cor. of
Montague * Cllntou
sts.,
Brooklyn, N. Y.
This Company Is authorised by special charter to
act as receiver, trust«e, guardian, exeoutor or administrator.
it can act as agent in the sale or manaffement of
real estate, collect interest or dividends. reoelTe
registry and transfer bo^iks. or make pordlase and
sale of Government and other securities.
Religious and charitable Institutions, and persona
unaccustomed to the transaction of business. wUl
find this Com^ny a safe and convenient depoaitorr
for money.
lUPLKY HOPES. President.
ED.MUNI) W. COHLIK8, Vicc-Pres't.
,
"v rrws t.
,
.
TRUSTEES:
fH'f?-'
JoslahO. Low,
E. K. Knowlttm, Henry KSbeldon.
Alex. M. White, John T. Martin. C. D.Wood.
A. A. Low,
Fred. Cromwell, Henry Sanger,
Alex. McCue,
John P. Kulfe, Wm. H. Male. ~"
Micb.Chaunoey, E. W. Corllea.
BIpley Ropea.
~
Wm.
B. Kendall.H. B. Plorrepont Abram B. BartU
lAS. Uosa ctTRRAM. Secratoy.
TH B
IAWArd Rawlinqs.
OFKICB:
CASI;AI..T¥ CO.,
A 216 BROADWAY.
ProvidentLife&TrustCo
OF PHILADELPHIA.
Secretary.
DiHKCToBa—Joseph W. Dreiel, A.L.
ilopklns, H.Victor Newcomo, John Pat<m, Daniel
romince. Kdw. F. WInslow, Kraatus WIman, F. P.
Ol cott and J. B. Pnlsford.
CAPITAL
SBnuLANS.JnriTT.Pres. JosiAHJiwnr, V.Ptm
WIU/IAM C. COKSWMLL, Cashier.
IN9UHKS LIVKS. (iltAMS VVNilTlKS. RB.
n-l.|ir...!
n .I<w
CBIVES MO.VKV tW l)Kli'-i
Incorporated Third Mo.. 23a.
NiwYOKK
Bank, of Buffalo,
CAPITAL,
NEW YORK.
la the use of " This Book," the (treat annoyance oJ
water, brunhns. cl..ths, ,tc.. Is done atray with— the
book Is ready at all luuua to copy uni/ number of let-
Price* Reduced.
38,390
ts
1st Vice-President
IAMK3 S. NBOLBY
THKO. B. TALBOT
NO. Ill
UNIFORM COPIES. SAVES TIITIE.
NO WATHK. NO BUL'SH.
ALWAYS READY.
106
^WOSM*.
^0S-5Mf-
I0009COU
*•
W *3 3; QD
NEW YORK.
KllANCIS A. WHITK.
NEW YORK
Moist Letter Copying Book.
FAKGO,
00
Oi-
AMERICAN
FINANCE COMP'Y,
Managing Director:
E. L.
o&oitooto
as
to
Caahlsr,
Prompt attention Klven to all business In oar line.
N. ?. CdKKESPOXDE.VTS.— ImDorters' 4 I'raaeri
Natlunal Hank and Natlunat Bank of the UopuDllc
(Patentfltl
tOM
to
OWI-.W03
—
Co.
German National Bank, TheOF Guarantee
NORTH AMERICA.
Capital (Paid In)
otuco-4^^
M
Bonds of Surety ship.
CINCINNATI, OHIO.
J. G. Fletchor,
W«
01
ts
96 BROADWAY,
DEAL JOHN 0. SHORT
Lists
and prices furnished ou application. Write us if you
wish to buy or sell. Refer, by permission, to Hociety
for Savings, Savings & Trust Co. and National Banks
of Cleveland. Ohio.
___^^
George
to
^1 ts
tauiouo<
OOto*-ai
2 t-ce
w M
gatxlueics.
BANKERS,
F.
CAiC-OOD^
to^yio^-.^utatao)
r-
ODO
P.
u 01 u « «q
tcg«
»»«i
»>MO)
the corresponding periods are as follows:
IN
c«o»-c>
a*-
cw
Lamprecht
sow
1—
^
Importatlou* of Dry Goods.
The importations of dry goods at this port for the wet k
ending March 4, 1886, and since Jan, 1, and the same facts for
^^cstjeru
or*
*->i^S>wto
to 14
-
.--...
BUFFALO,
9300,000
N. Y.
This bank has superior facilities for ri 'king oolleedona on all accessible points In tbe U ItedBtataa,
Liberal terms extended to
Canada and Europe.
iooounts of bankers and merobanta.
CORKKSPONUCKTB.— New Tork, NaMMal Bho* «
Leather Bank; Union Bank oX Londcn.
IttOi.
(CHARTER PBRPBTCAU)
«l,OO0,00O
ASSETf^ SI5,«'21,530 63.
1
mand, oron which
ered bylaw to act
Intprp'*
as K.\
'
TUR, 'rRUSTKH. laAUl
.MIT'TBK.
KKIKIVKH.
A'.
;>i
performance of whlctt lis ( .iplt-tl an>l slinilns
fund furnish ample BtviirltT.
All trust funds and investments are kept separate
and apart fn>m the assets of the company.
The Income of parties residing abroad earafnllT
ooUeoted and duly remitted.
ful
SAM'L
H.
SHIPLEY.
President.
WI8TAR BROWN, Vloe-Praeldent.
ASA B. WING, Ytoe-Prealdeat and Actaarr.
T.
:
)
,
:
THE CHRONICLE.
320
§attli ^tatjeittcttt.
^xnst diomv^nUs,
United States Trust Co.
OF yew ToitK.
Wo. 49 TVALIi STREET.
Capital
$6,000,000
and Sarplns,
This companT
Into court,
and
a legal
autboriied to act as guardian or
Is
1«
REPOKT OF THE CONDITION OF THE
MERCANTILE NATIONAL BANK
of the Cii y of
March 1,1886:
New
York, at the close of business,
Which may be made at any time,
flTedays- notice, and « ill be entitled
to interest for
the whole time they may remain with the company.
estates,
Kiecutors, administrators, or trustees of
of busiand females unaccustomed tothe transaction
ness, as well as rellKlous and benevolent institutions,
depository for
win find this company a. convenientPresident,
JOHN A. STEWART, Vice-I-resldent.
money,
mouo,,
WILLIAM H. MACY,
JAmES S. CLARK, Second Vice-Pres't
TRUSTEES:
rJohnH.Rhoades,
rW. W. Phelps,
Dan. H. Armold,
D. Willis James. Anson P. Stokes,
Kobt.B. Miiitum,
Charles B. Bill, John J. Astor,
Wilson G. Hunt, John A.Stewart, Geo. H.Warren,
'S. M. Buck'plinm'G^O. Bliss,
II. Macy,
H. E. Lawrence,IWllllam Llbbey,
Clinton Gilbert,
Daniel D. Lord, Isaac N Phelps, IJohn C. Hrown,
Krasius rornlng,|Edward Cooper,
Samuel Sloan,
S. B. Chittenden.lW.Bay'rdCutting
James Low,
Chas. 8. Smith.
Thomas Slocomb,
Wm
HBNRT
LOUIS
THORNELL. Secretary.
HAMPTON, Assistant Secretary
L.
Q.
Union Trust Company
NEW YORK,
OF
73 Broadway,
CAPITA
SURPLUS,
cor.
$1,000,000
$2,000,000
-
li,-
-
-
bonds to secure circulation
Other stocks and bonds
Real estate, banking house
Other real esUite
B.
A LEGAL DEPOSITORY FOR MONET
Accepts the transfer agency and registry of stocks,
and acta as Trustee of mortgigea of corporations.
Allows interest on deposits, wliich may be made at
anytime. i,nd withdrawn on five days' notice, with
Interest for the whole Lime they remain with the
company.
For the convenience of depositors this company
also opens current accounts subject, in accordance
with its rules, to check at sight, and allows interest
QP',n the resulting daily balances. Such checks pass
through the Clearing House.
TRUSTEES:
Jame^ M. McLean,
Ambrose C. Kingsland,
James H. Oeilvie,
Henry A. Kent,
R. T. Wilson,
Wm. F. Russell,
8. T. Fairchild.
C. D.
Wood,
James N. Piatt,
I.
D. C. Hays,
James Forsyth,
Bdward King,
0. Vanderbilt,
A. A. Low,
G. G. Wiilisms,
R. G. Hemsen,
E. B. Wesley,
J.
H. Frothlngham,
George A. Jarvla,
George Cabut Ward,
n.
II.
B
Schell,
Amasa J.
Samuel
Robert Lenox Kennedy, Geo.
i.
Parker,
F. Barger,
James
M
T.
T. MOOKK.
WM. P. ST. JOHN.
A. O. BONAXiDiSON, Secretary.
business
1.'
$5,146,731 00
Overdi-afts
U. 8. bonds to secure circulation, par.
196
495.000
209.000
498.232
.
8. bonds on hand, par
L)
Otherstocks, bonds, &c
Banking House
637.-^84
Expenses
34
00
00
17
16
6.649 02
53,824 7&
Premiums on U. S. bonds
Specie
»1.7I1,23J 50
Legal tenders
227,87100
Bills of other banks
25,224 00
Chec'-s& oth. cash items
15,280 78
Kxch's for Clear'g Uou.se 1.123,647 48
Uue from national nttnks
688.017 71
Due from State DTts and
bankers
129,290 49
Redemption fund with
U. S. Treasurer (5 per
cent of circulation). ..
S. Treasurer, other than B per
cent redemption fund
Total
22,273 00
Due from U.
8,000
00- 3.930, 789
91
110,978.107
^
$1,500.000
5O0.0U0
81,541
25,558
405.530
20,142
00
OO
38
65
00
50
LIABILITIES.
Capital stock paid in
.surplus fund
Undivided
protlts
Iteserved for city taxes
Natitinal bank notes outstanding
Dividends unpaid
Deposits-Individual
National banks
$2.«1.843 03
4,17h,7«3 24
873.124 IS
101.048 30
446.119 83
Certified checks
Cashier's checks outst'g
3.405 68
8,445,334 88
Total
$10,978,107 89
I, E. H. PWLLEN, Cashier of the above-named
bank, do solemnly swear that the above statement
is true, to the best of my knowledge and belief.
State biinks Ahankers
Demand ctfs.OT deposit
.
—
H.
B.
PULLKN,
Cashier.
Suhacrlbed and sworn to before me this 4th day
James Walsh,
of March, 1886.
Notary Public, Kings Co.
Certificate filed In N. Y. Co.
Correct—Attest
U.
)
W. CANNON.
V
(i. B. CAKHART,
OI.lVElt 8. CAKTKR.)
)
Directors.
OF THE CONDITION OF THE
REPORT
PHESIX NATIONAL BANK, of the City
New York, at New VorK, in the State ot
Y'ork, at the close of business March 1, 1886:
of
New
HESO LUCES.
Loans and discounts
62
92 10
|2,4',!0,224
Overdrafts
U. S. bonds to secure circulation
Other stocks, bonds and mortgages
Due from other National hanks
Due from State banks Hnd binkers
Real esti-te, lurnlture and fixtures
Current expenses and taxes paid
Pnemiuras paid
Checks and other cash items
86.275 00
05
90
362,653 71
6.425 83
9,000 00
31.596 93
425.878 4o
37,538 00
74 84
297.500 00
816,710 00
...
234.'.i46
8.50ii
Exchanges for Clearing House
Blllsof other banks
paper cur'ncy, nickels
Fract'I
& pennies
Specie
Leg il tender notes
Redemption fund with U.
S.
$1,000,000
200.000
44.3:4
252,880
2,121
2,157,727
Uiidividt'd profits
Pblladelphla, Pa.
E. A. Angier,
Cashier's checks outstanding..
Ta.ves
Due to other National hanks
Due to State banks and bankers
„, Total
.
Attorney and Counselor at Law,
ATLANTA, GEORGIA.
00
0(1
40
00
00
39
5.1100 00
135.3'1 99
10.:I59 55
13.5<X) 00
59n."78 99
135.019 C6
»4.553,2i2"38
PRACTICES IN ALL THB COURTS,
Oorporalion and Cmnmereial Lavs a upeeialiy.
Refers to Judges Stepiiun J. Field and Wm. B
Woods
U. 8. Sunreinc Court. Washington.
,
bank, do solemnly swear hat the iibove stati-ment
is true, to the best of mv knowledge itnd belief.
D
C.
ONLY
New York, County of New York. «,<:
ALFRED M. Bur, Cash or of the Hbove-named
State of
I,
Law
Corporation. Transportation and Commercial Law.
Referexces:— The Trust Companies, TheNatlona
Banks and Railroad Companies in Pbiladelphia, and
the Judges of any of the Courts.
13,500 00
»1..553,222~38
Porter,
Attorney and Counsellor at
No. 623 WALNUT STKEET,
Treasurer
per cent of circulation)
Total
LIABILITIES.
Capital stnck paid In
Surplus fund.,
W.
William
300.0(10 00
.
KINO, President,
JAMES M, MCLEAN, First Vloe-Pres't,
J \MES n. OGILVIE, Second Vlce-Pres't.
ork, at the close of
Directors.
^
Certified checks.
D. C. Hnys.
EDWARD
WM.
>'atii>nai
E. B. Wesley,
C. U, Wood,
Mcl.ean,
KNEELAND,
HY.
bunk notes outstanding
Dividends unp;iid
Individual deposits subject to check.
Demand certificates of deposit
Magoun.
EXECUTIVB COMMITTEE
G. G. Williams,
Wm. Whllewright,
J. B. Johnston,
99
200.000 00
lU.UUO 00
,•
(5
Johnston,
Edward
McAlpin,
Oeorire B. ( ^arhart,
Henry Stokes,
__9'''*9
$1,526,942 18
6pecio
80iJ,080 00
Legal-tender notes
«5,2fll 00
Bills of .ither banks
6,7«« 07
Checks & oth. cash items
660,204 77
Exoh's for Clear'g House
Eil0,O22
24
Due from national banks
Due from State b'Us and
11,594 98
bankers
Redemption fund with
U. S. Treas. (5 per cent
2,250 00
of circulation)
Due from U. S. Treasurer
other than 5 per cent
„„,__„, „,
7,000 00-3,64 7.004 24
redemption fund
.116,407.168 09
Total
LIABILITIES.
»1,000,000 00
Capital Stock paid In
250,000 00
Surrlusfund
81,847 09
Undividedproflts.net
14.500 00
National bank notes outstanding
Ji99 00
Dividends unpaid
tuxes
In
22,000 0(1
suit
Reserve, for shareholders'
Deposits »2.080,844 85
Individuals
4,S44,932 33
National blinks
State banks and bank'rs. ;,572,H78 87
8,371 40
Demand certs, of dep'sit
93.554 03
Certified checks
4,840 4 2—9.005.422 60
Cashier's checks outst'g
»10,407,168 89
Total
State of New York. County of New York, sa
I, Fhed'kB.Schenck, Cashier of tbe above-named
bank, do solemnly swear that the above statement
Is true, to the best of mv knowledge and bel'.ef.
Fiikii'K B. Scuenck. Casnier.
Subscribed and sworn to before me this 4th day
F. A. K. Bryax.
of March. 1886.
Notarv Public. New York Co.
Correct— (Attest:
Aothorized to act as Executor, Administrator,
Guardian. Receiver, or Trustee, and Is
Wm. Whitewrlght,
16,496,901 32
*n;' 1"
60,000 00
Overdrafts
:
Rector St., N. Y.
V
1886:
Loans and discounts
RESODllCKS.
•
DEPOSITS,
*™^NTEREST AIXOWBD ON
and withdrawn after
OF THE CONDITION OF THE
R EPORT
NATIONAL HANK OF THE RF,PL'B1.1C,
New
March
of
RESOURCES.
Loans and discounts
U.
depository for moneys paid
XLIl.
["Vol.
'
The Union Trust
611
AND
618
Co.,
CHESTNUT STREET,
Al FKKD V.BULL. Ca.«hipr.
„ ^
Subscribed and sworn to tiefore n.e this 5th day
of March, 1886.
Eliwi.v K. Corky.
Correot-Att.="t:
Notary Public.
EUrJEVK DI'TILH.
)
PVliKN'STKCHER. f
li. KUNII VRD,^
PHILADEIiPHIA.
Aothorized Capital
$1,000,000
Paid-up Capital
000,000
Acts as Executor, Administrator, Assignee, etc.,
and executes trusts of every description known to
the law.
All trust assets kept separate from those of the
Company.
Bui-glar-I*roof Safes
tx> rent at $5 to $60 per annum.
Wills ke[)t In Vaults without charge.
Bonds, Stocks and other valuables taken under
guarantee.
Paintings, Statuary, Bronzes, etc., kept In FireProof Vaults
Money received on deposit at Interest.
O- KKADING, V.-Pres't
'*S;Hi?!ii,^I^h„''"^^
S. STOK ES, Treasurer & Secretary.
D. R. PATTEU^ON, Trust OfBcer.
DiBECTOK8.-Jame» Ix)ng, Alfred s. Gillett, Joseph
Wright, Dr. Charles P. Turner, William S. Price,
„"'".? '"i.*'"".'".?''- ^.- •, '*®^- Thomas U. Patton, John
G. Rending, Wm. II. Lucas, I). Hayes Agnew, 11. 1)
Jon. I. Keefc. Robert Patterson. TheodorC. Engel
Jacob N.iyL.r. Thf.s. G. Hood, Edward L. Perkins,
PBll.AliKl.pillA; Saninel Hiddle, Oi.E.v Hinni.F Pain-, (ieorge W, Kelly, Harkisiuiko, Pa.j J. Simpson
Africa. IIL'NTINODO.N; Henry S. Eckert, Readinq:
Kdmund S. Doty, .Mippi.intow.v; W. W. H. Davis.
MAHLON
Dori,ESTOW.v: K. E. Monaehaa,
Cbaa. W. Cooper, Alli.ntown.
Wksi Chbbtkk
NET.
%
SAVINGS BANKS
5
AND
CAPITALISTS,
have several long-tiine [looyears) 5 per
cent
Het investments froin $10,000 to
$250,000,
secured by Chicago Real Estate.
Security
most satisfactory. They are equal to
U. S.
1
;
Bonds as to certainty of payment, and largely
better as to rate of income.
Interest payable
GENERAL TRANSATLANTIC CO.
¥OKK and HAVRE.
From Pier (newi 42, North Kiver, foot of Morton 8t
Travelers by this line avoid both transit by Kngllsll
railway and the discomforts of crossing the Channel
In a small boat.
LABKADOll. P. dTIauterlve.Wed., Mch 10.8 A.M.
ST. GEKMAlN, Boyer
Wed., Mch. 17, 3 P.M.
ST. LAUItBNT, DeJousselin.Wed. Mi.r. 24. a A.M.
A.UKK1QLB. Santilli
Wed.. .March 8l. 2 P M.
The nent saillngsof LA NOKMANDlr., De Kerssbiec. Ai>ril 7. at 7 A. M.; May 12, 1 P. M.; June 16, 5
A. M.
L\ BOUKGOONE, June 9. LA CUAMPAG.S'E. Juneaa.
Phick op Passagk {including wlnel;— To HftTTe—
First cabin, $100 and $80; secoiul cabin, tt^O; steerage, $1^2— including wine, bedding and utensils. Return tickets at very reduced rates. Cheeks on Banque
Transatlantique, Havre and Paris,in amounts tosult.
Barre to Paris.
The Compagnle Generate Transatlantique delivers
Special Train trova
at Its oflBce in New York special train tickets from
Havre to Paris. Baggage checked through to Paris
without examination at Havre, provided passtngers
have the same delivered at the Company's dock In
New York, Pier 42 North Kiver, foot of Morton St„
at leaflt two hours before the departure of a steamer.
I.OCI8
BROKER,
or eorporatlona on as favorable ternu aa
Mfier similar oompanles.
yuBUttiacD TAPPiiv'
Agent,
No. A Bou-llnir nreen.
President,
v.u-1- -evident.
JOSEPH CI LLOTTS
O STEEL PENS
SoLa By ALL DEALERSThrouohoutThe
WO RLD
COLO MEDAL PARIS EXPDSITI0N-IB7B.
SALE.
Chronicle Volumes
SINCE 1870.
$1,000,«0».
Designated as a legal Depository by order of Su-
THOMArHILLHOUSE,
DE BKBIAN,
FOR
BOX 536,
CHICAGO. ILLINOIS.
p. 0.
New York
preme Court. Receive deposits of money on interest.
jet a« Oacal or transfer agent, or trustee for corporauena, and accept and execute any legal trusts from
Mnona
pltsccUati^crwB.
France.
Between NEVT
Very desirable for a permanent
investment; with certain and .epular income.
Mills BulWIni?, an Wall 8t„
I,,
Directors.
quarterly.
Metropolitan Trust .Co.,
PAID UP CAPITA
li.
HENRY
Direct Line to
office possessing these volumes since 1870 has
hand for convenient reference a complete and reliable tlnancial history of the period. Parties having
the more recent volumes can obtain from the pub
Ushers most of the earlier volumes, or complete set,
Any
at
oan be furnished.
WILLIAm
79
<b
81
B.
DANA &
CO.,
TfOSK,
WU4LIAM STKEET, MEW
-
M*B( n
THE OH RON] CLE.
1886.]
6,
%u3txvKnce.
Susuvnttee.
Cotton,
OFFICE OF THE
MUTUAL LIFE
ATLANTIC
ISSrSS XVSItT DESOBTPTION OF
Mutual Insurance Co.,
NEW YORK,
January 23, 1886.
Charter of
TheTniotPce,
the Company, submit tbx fuUowing Statement
of Its alfalrs on the 3l6t December, 1885:
Premiums on Marine Risks from
1st January, 1383, to Slst
$3,856,618 66
December, 188S
Premiums on rullcle« not marked
1,339,525 10
on 1st January, 1885
Premiums
^,196,143 76
Premiums marked
off from Ist
January, 1835, to Slst Decem$3,770,094 30
ber, 1833
WMKNT POLICIES
Rates Lower than other Companies.
ORGANIZED APRIL
Assets,
-
14, 1842.
James F.Wenman& Co.,
the SOCIETY
$776,712 42
IN
(OROANIZKD IN
SIX PER CENT rNTEBEST on the ontetanding certificates of pri)flt« will be paid to the
holders thereof, or their lo^al representatives,
OD and after Tuesday, the 2d of February next.
THE OUTSTANDING CERTIFICATES
of
the issue of 1881 will be redeemed and paid to
the holders thereof, or their legal representatives, on and after Tuesday, the 2d of February
next, from which date all interest thereon will
cease. The certiflcates to be produced at the
time of payment and canceled.
A DIVIDEND OF FORTY PER CENT
H.
CHAPMAN,
Secretarj-.
Adolph Lemoyne,
3. D. Jones,
Charles Dennis,
Robert B. Mlntum,
Charles H. Marshall,
Frederick H. Cossitt,
William Bryoe,
W. H. H. Hoore,
James Low,
A. A. Raven,
Wm.
John Elliott,
James G. De Forest,
Stnrgis,
BeAlamin U. Field,
Joslah O. Low,
Thomas B Coddlngton
William Degroot,
Horace Gray,
William E. Dodge,
William H. Macy,
C. A. Hand,
John D. Hewlett,
Wililam H. Webb,
haries P. Burdett,
dmnnd W.
Charles
,
D
Levericb,
John L. Riker,
N. Denton Smith,
George
Bliss,
Henry E. Hawley,
William D. Mlorgan,
Isaac Bell,
Edward Floyd-Jones,
Anson W. Hard,
Thomas Maitland.
BROSNAN,
T. H.
C. P. FRAi.noH, Seo'j.
W. H. H. MOORE, 2d
Vlce-Pres't.
A. A.:eaven, 3d Vice-President
J
B«HRKNCE8.— National Bank of Auousta, Q*
nenry Hents A Co., Commission MercoanU, N«v
Turk William B. Dana Sl <;o.. Proprietors COHMBa.
CIA A Financial Chbomicu^ and other New roak
:
I.
lloasea.
©ardB.
®0tttmjerjcial
President.
Brinckerhoff, Turner
A. Whiilwbioht, Aaa't Sec
&
Oko. H. BUBroBD. Aotoarr.
All the profits belong to the Policy-holders
COTTON
tor 8P1NNKR.S and GXP0RTEE18.
COKRESPONDKNCK SOLICITBD.
1860.)
exdn-
Co.,
Kanofaetnrers and Dealen In
All Policies Issued by this
able after three
Company are indisput-
ycara.
All Death Claims paid WITHOITT DISCOUNT as soon
as satisfactory proofs have been received.
This Company issues all forms of Insurance, Including Tontine and Limited (Non-Forfeiting) Tontine.
One month's grace allowed in the payment of
Premtams on Tontine Policies, and ten days' grace
on all others, the Insurance remaining In full force
during the grace.
Absolute secarity. combined with the largest liberality, assures the popularity and success of this company.
GOOD AGENTS, desiring to represent the Company, are Invited to address J. S. GAFFNEY, Superintendent of Aaencies. at Home Office.
MANHATTAN
L.IFE
156
COTTON S AILDUCK
And all
CANTAS. FBLTINO DUCK, CAB
COVBBINO, BAOtilNO, RAVKNB DDCK,8AIL
TWINHS, Ac, "ONTARIO" 8EAMLB88
BAGS, "AWNING STRIPIBS.
AlflO,
Agents
ONITED STATES BUNTINfi CO.
A tall rapply, all Widths and Colors, alvaji
No. 109 Dnane Street.
Fabyan &
Bliss,
In itofk
Co.,
Tork, Boston, FUladelpUa,
BBLLINO AOBNTS FOB LKAOINO BRANDB
INSURANCE COMPANY, BRO^TN & BLEACHEB SHIRTINO
& 158 BROADWAY. NEW YORK.
HENRY STOKES, President.
J^om Philadelphia Inquirer, Jan. 30. 1884.
The new plan of the Manhattan liife In?iirance
Company continues to meet the popular favor. It
combines the protective feature or life insurance
with the invesrment feature of the endowment
while
It
niAiriNfi
AND SHEETINGS,
PRINTS, SKNIM8, TICKS, DUCKS, M.
Toivela, Qnllta, W^Iilte Good* & Hoslorr
Dnllt, Sheetings,
<te.,
for Export TrtuU.
avoids the expense attending the
atter by the ordinary methr)d. An Improvement has
also been added to this new form of p licy within
the year, which pives the a.''sured the option at the
end of the period of taking the endowment in ca.sh
or of continuinK the insurance for a much larger
amount without any further payment of preraium,
independent of the condition oE health at the time.
ESTABLISHKD IN 1850.
AND INLAND INSURANCE
COMMERCIAL MUTUAL
pliscellattc0us.
BAGGING.
WARREN, JONES
ST.
WALL
STKEBT,
NEW
IMPORTERS OF
TOUK.
IRON COTTON TIES.
ASSETS.
$189,565 00
United States Secnrlties
City Banks. . 102.637 00
Clly and other Stocks and Bonds. Loans
843,693 71
and Cash In Banks
Premium Notes. Cash Premium!, Be-in
77,480 08
Borance and other Clalnu
Bank Stock* of New Vork
. .
Total Assets Jannnry J^ ISRI^
EtBKBT D. KINO. 8eo
lar This Company
ORATZ
St.
LOUIS, Mo.
Mannfaetnrera' Agent* for the sale of Jnte Basslat
INSURANCE COnPANY,
42
kind! of
OOTTON
New
SECURE BANK VAULTS.
...«7I!i.2S2 68
President.
iiiKlK. V.P.
Insurance.
Messrs.
i
lossespayable In I-V-V,.
....urs,
BUOWN. SHIPLEi- &CU.
Corliee,
JOHN D. JONES, President
CHARLES DENNIS, Vice-President.
AVCVSTA, GEORGIA.
Kntlre attention given to purchase of
TO OKDBU
Bively.
fiolicy,
TRUSTEES:
Cargill,
COTTON BROKEBS,
& 263 Broadway, New Tork.
261, 262
is
declared on the net earned premiums of the
Company, for the year ending 31st December,
1885, for which certiflcates will be Issued on
»nd after Tuesday, the 4th of May next.
By order of the Board,
J.
Insurance Co.
THE CITY OF JiKXT YORK.
N. Y.
&
Alexander
ISSUES
States Life
PEAVL STREET,
Batabllahad (lo Tontine BolliUnc) UMO.
AND MAKES
Assets, viz.:
$12,740,326 46
COTTON BROKERS,
No. 118
IIVDISPIJTABLE ASSURANCES
The United
Amount
HofFmann,
F.
Assets, January 1, 1885
|58,161,92«
SurjiluB at 4 per cent
10,483,617
Income in 1884
15,003,480
Paid to Policyholders during
last 25 years
81,072,486
Returns of Premiums and Ex-
otherStooks
$9,034,683 00
I/tans secured by Stocks and
otherwise
1,438,600 00
Beat Estate .lud Claims due tlie
Company. cstimatPd at
530,000 00
Premium Notes and Bills Beceivabie
1,508,143 53
Cash in Bank
228,897 88
COTTON BROKERS,
B8AVBR RTRBBT, NBW TORK
COTTON BEOKEB AKD AGENT
UIFE ASSURANCE SOCIETT, 38 RTTK DK LA BOITRnR. HAVRB.
120 BROADWAY, NEW YORK.
PROMPT PAYMENT OF CLAIMS.
penses
^^
WALTER &KROHN,
$103,876,178 51
-
RT.,
on •ommiaalon.
•old
(•
Ixwses paid daring the same
$1,915,020 67
period
The Company has the following
United States and State of New
York Stock, City, Bank and
rSAHI.
COTTOIV.
EQUITABLE
In conformity to the
Total Marine
141
INSURANCE CO. OP NBW YORK.
R. A. MoCURDY, President.
LIFEA END
& Co.,
NBW Y«HK.
Henry M. Taber
Chronicle Numbers
WANTED.
paid at Uie
Bonnd and
In
Flat Bart, and 5 ply PUtea
FOB
8AFE8, VAULTS,
Cannot be Sawed. Cut or
96T, 9T0, 975, i>70, 981, and Jane,
18S4, Supitlement.
Ten C«it< tat eadi of the abore
WELDED CHBOME STEEL AND IRON
OSoe.
Drilled,
Burgliir Proiif.
and AnsloK
tea.
and practlaaDr
CnROME 6TEEL WORKS,
Clronlan Fmo.
BROORbTN,
N, T.
,
;
THE CHRONICLE.
Tffi
W.
MERCHANTS,
INMAN,SWANN&Co
NBW TOHK.
lAANS MADB
AmireioK to orders forContbaotb
rOB TVTUBM DIUrXRT 0» COTTOH.
COTTON, ALL QBADKS, 8DITABLK TO WANTS
SpaoiAii
Neiv York.
Opfersd on Tsaus to Suit.
&
T. Hatch
Sons,
BANKERS,
14 NASSAU STREET, NEW YORK.
Bloss,
COMMISSION MERCHANTS,
Co.,
COMMISSION MERCHANTS,
G. E. Staenglen,
COTTON EXGHANGE BVIIjDING,
NEW YORK, NEW ORLEANS,
NKW
P. Hatek.
Arthur M. Hatch,
Gwathmey &
OF 8PINNBB8,
&
1880.
BRANCH 0™c«S { 1 3§ a^"p%%l!.T.'Wli/,-i.
Personal attention given at the EXCH ANOBS to
the pnrohase and sale of STOCKS and BONDS toi
cash or on margin.
DEPOSITS RECBiyBD— subject to Check at sight
—with interest upon balances.
Special attention paid to INVESTMENTS and
accounts of COUNTRY BANKERS.
COTTON MERCHANTS,
ON ACCBPTABIiH 8BCUR1TIB8.
R. Macready
Henry
Waller T. Hatch.
Nath'l W. T. HaUsh.
Stillman,
Fost Bolldinir, 16 & 18 Exchange Place
e,
ptisjC£XXattje0Us.
(£>a\Xaiau
C!Pjcrtt0t(.
Woodward &
[March
yOKK.
NEW YORK.
No. 123 PEAJEtL ST.,
AGENT FOR
Orders for future dellTerjr of Cotton executed In
New York
visions In
and Liverpool;
New
.also for
Grain and Pro
York.
Cotton, Coffee, Grain and Petrolenm Booght and
Sold for Casb, or carried on Margin, on the rarioufi
Krcbanges
New York
in
COTTON COMPANY OF STUTTGART.
Autborized Capital, B. M. 20,000,000.
&
Heniy Hentz
Co.,
&
Robert Tannahill
City.
Co.,
Cotton Commissiou Merchants,
Pald-Up Capital, R. M. 6,000,000.
COMMISSION MERCHANTS,
8 Sontli
TVlUlam
St.,
New ITork,
XSCDTE 0BDEU8 FOB FUTURB DELIVERY
COTTON
at the
OR-
Also orders for
and
YOKK PRODUCE KXCHANOB
t the NKW
the CHICAGO BOARD OF TRADE.
and
». Smith,
Edwards &
Co.,
John
Cotton Brokers,
Montgomery Ala.
Cotton
BRO'S,
Factors
AND
cominissioN iuekchants.
No. 40 EXCHANGE PLACE,
MMMBERS OF THE OOTTOlf, COFFEE AND
PRODUCE EXCHANGES.
Op-town Office, No.
H. Webeler.
Wheeler,
204 CHtTRCH
Strhk
CONTRACTS OF COTTON.
Mohr, Hanemann & Co.
:
gaas
A Co.
New
COMMISSION MERCHANTS
16 and 18 Exchance Place,
Po«T BPTlj>m q.
John C. Graham
NEW
YORK.
&
Co.,
Cotton Commlggion Merchants,
Ho. 19 SOUTH WII.I.IAn 8TKEET
New
York,
SBLMA, ALA.; MONTGOMERY, ALA.
Bnyers of Cotton for a Commission
^iJr^Future Contract, executed In New York
Waldron
&
C.
COTTON MERCHANTS
Geo. Copeland
&
Co.,
OOITON BROKEE8,
& Co.,
••F«ar«.,««.^ «N,
Y, Cotton Kxoh.
89
287,887 87
610,091 18
»
President.
iETNA
COMMISSION MERCHANTS,
Insurance Company
COTTON EXCHANGE,
OF HARTFORD.
NEW YORK.
Obdibs »or Fctcri Contracts Kibcutkd
New York and Livbrpool.
B. F.
H
in
BABCOCK&CO.
COMMISSION MERCHANTS,
Water Street, LIVEItPOOL,
Receive consignments of Cotton and otLer Produce,
'^'"e Kxchanges iu Liverpool.
uon^l^f !;ViS In
,°"'S'"
Represented
New 5'
York at the office of
SAM'L
D.
BABCOCK
Price,
Reid
&
New York.
Co.,
Ootton Brokers & Commission Merchants
$4,000,000 CO
Capital
for anpaid losses
re-lnsarance fond
Liabilities
2,057,776 24
3,202,320 41
and
NetBurplus
$9,360,096 65
Assets Jan. 1, 1886
No. 3 Cortlandt
JAS. A.
St.,
New
ALEXANDER,
Torlr,
Affent.
Commercial Union
Assurance
Co.,
limited,
of london.
NORFOLK, TA.
SMrfS^lf^I?f„'*' ?"^« o" Cotton consignment*.
In transit for
OFFICE:
aniinitJi
COTTON, STOCKS, BONDS, Ac,
NEW YORK.
?
n,.
T^"*^** 8TRBBT.
in
PJ««.
8,3tK),985
WM. R. CROWKLL. Vice-President.
PHILANDER SHAW, Secretary.
WM. CHARTERS, Assistant Secretary.
FRANCIS P. BURKE, Seo'y Local Dept.
COTTON
.^
SVHKBT.
Reserve for unearned premlnms
Reserve for unpaid losses
Netsurplua
$4,342,430
both foreign and """">""•
domeatlo
^I u. CorreBpondenoe
WBW YOWK marki
FELLOWES, JOHNSON & TILESTON, Dennis Perkins
& Co.,
184 yitARl,
195 Broadway, New Tork City.
Company let Day of Jan., 1885.
CASH CAPITAL
$1,000,000 00
Office,
Hopkins. Luciua Hopkins Smith
Charles d. Millbr.
Nassau Street,
Tainter,
CO.,
inONTGOmERT, AI.A.
POROHASX ONLY ON ORDERS FOR A COMUISSIOI
STEPHEN CROWEIili,
Hopkins, Dwight
AND
4c;
ORDERS FOB FUTURE CONTRACTS.
QnsTATus
OOTTOIf FACTORS
H. CL.I8BY
COTTON BUYERS,
Statetnent of
Orleans, La.
Special ArrBNTioN Givbn to the Execution
OF
& Gwynn,
Fielding
CO.,
dc
Phenix Insurance Co.
OF BROOKL,YN,
GBAYIER ST.,
New
Torlt.
STREET, NE1V FORK.
EVRE, FARRAR
(FOB BALING COTTON).
138 PEARIi ST., 186
Jones,
Liberal advances made on Cotton conslffumentf.
Special attention Klven to orders for contracts for
future delivery of Cotton.
JOHN
BAGGING AND IKON TIES,
Advances made on Cutton Consignments and Special
Attention given to purchase and sale of FUTURE
Newr York.
Orders executed at the Cotton Exchanges in New
York and Liverpool, and advances made on Cotton
and other produce consigned to us, or to onr correspondents In Liverpool
Messrs. L. Rosenheim St
Sons and A Stern X Co.; In London, Messrs. B. New.
183 PEARIi
&
NORFOLK, VA.
ALSO
Co.,
York
firtren to the pnrohaae and sale o
Future Contracts
In New Tork and Liverpool.
Farrar
NEW YORK.
LXHUAK, DUKR &
New Orleans, La.
&
Neiw^
Special attention
COTTON COMMISSION MERCHANTS
Orleans.
LEHMAN
Henry
Buu.abd.
.l.
Bullard
CORHESPONDEXTS
Lea McLean. New
T.wwMi M, Stern & Co.,
**~
SCHROEDER.
NEW YORK.
GRAIN AND PROTISIONS
Jas.
St
Cotton Excl&anse Bnlldlus,
Cotton Exchange Building,
NEW YORK COFFEE EXCHANGE,
Urerpool.
WARE
Co.,
COTTON COMMISSION MERCHAJNTS,
€ O F F E E
«t the
&
Schroeder
Successors to
NEW YORK, LIVERPOOL AND NEW
LEANS COTTON EXCUANQES.
G.
COTTON BROKERS,
Street, New York.
las Pearl
ex'eeraUMl
'"' *•"' '^°"*"'
""* Futures promptlj
Cor.
Pine
& Williarn Sts
New
York,
@FedFRASER