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. : JHE ronim ..njiwittii* ^^ ANI HUNT'S MEllCHANTS' MAGAZINE, REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES VOK NEW 42. MAY YORK, ^iuaticial. 1, ^itiattciat AMERICAN Bank Note Company, NEW Ia««rpom(r<I YORK. DIAMONDS. & Co., fOr>TKRrKmN€W Wtth SPM'IAT. SAKCGVARDS to PRKVKNT t,p,-t-iaJ p.iwnt maiiurartun'd oxcluiilvelf for o.« of tbo Company. SAFETY COLORS. SOLID SILVER. M'fg AND : P. PoTTEB, Piea't. J. W. WOBK, Cashier. ....... SUKPLDS, - $400,000 400,000 Accounts of Banks and Bankers solicited. Goiiections made upon favorable terms. Government Bonds bought and sold Floyd-Jones Bros. BANK BRS, raiLHTAVKEE, No. 3 Excbaiiee Court, Wm. New York. Bonds and U. 8. Government Securities BouKht and Sold on Commission. William Robison Members New York Stock Exchange. C. Kloyi)-Jonk8, Andrews, Adams iiAN'K£RS 78 & & Kellogg, Bank of London. and Bonds for Investment or on Margin. Correspondence Solicited TINKER & WESTON, BANKERS AND BROKERS, 2 EXCHANGE COURT, Neur York. liiXKT C. TiNKBK. Member N. HMK8HELAEK WESTON BOSTON. C. WABUBUBlt, Townsend & Washburn, No. 6 -WIS. Refer to— New York. TITall Street, Stocks and Bonds Bought and Sold onCommtsaioB for cash or on marRin. Hpeoial attention given to Unlisted Securities. Deposits received subject to Check at dlgbt. Correspondence Soliclled. ; Members N. Y. and Philadelphia Stook Bxohangee. H. Taylor L. T. Stock Kich. & Co., BANKERS Cor. TlUrd and Clieatnnt SU., PHII^ADBLPHIA. S4 Broad-way In Pblladelphla and other cities Particular attention K>ven to Information rexardlnK Investment 8ecuritieB. Private wire to New York,Bal tlmore and other places New St., N.w York & Co., No. 62 CEDAR STREET. In addition to a General Banking Business, Buy and Sell Government Bonds and Investment SecnrlUes. Henry S Ives & Co., BANKERS. No. XS NASSAU P. O. ST., tfKXT BOX Rolston No. 20 & Bass, BROAD STREET, NEW YORK. STOCKS, BONDS AND mSCELLANEOUS SECURI'TIBS YORK. Correspondence Solicited. 1,423. Transact a gon al banking business, including the purchase and sa.e of securities listed at the New York Stock Exchange, or in the open market. guotatlons cheerfully furnished W. ALU. Bass, Jr. Member N. Y. Stock Bxch'ge. MemberChicago Stock Kxon'ge Wh. n. RoLSTON. Simons Receive deposits subject to check at sight and allow Interest on dally balances. Oovemment, State, County. City and Railroad bonds constantly on hand for sale or exchange, and particular attention given to the subject of invest menta for Institutions and trust funds. l-ROY, N. Y., No. 17 FIRST STREET. No. 26 BROAD STREET, NEW YORK. NIOOIX KLOTU. JB JAMES W. WAUBH.JH., Member N. Y. Stock Bxchaiura. Walsh & Chew, STOCK BROKERS, 2 Exel>.n«e Courts 62 Broadwa7,N.T> stocks, Bonds and U. 8 Oovemmant SeonrtUai Bought and Sold on Commission. BimttT Ouw. Ja8. d. Simons, Member N. Y. litook Exchange. Member " V all faollitlei 19 BANKERS, Stooks. Bonds, ^c, bouKbt and sold un commission & Floyd, STOCK BROKERS, NEW YORK, 80 BROADWAY A 5 NEW ST. dc Oilman, Son BROKER. Lansdale Boardman, ^>TOCK Stook Bzob ge memberslilp; private wire; Stewart Brown's Sons, STOCK BROKERS, Deposits received subject to check at sUht, and Interest allowed on datly balances. Sell Stocks Bembers New^ York Stock Exetaanee. No. ( Merchants' National Bank and Bank of North America, New York Merchants' National, Chicago; Mav- New York. Bull of UzchanKe and Cable Transfers on the Union Bur and CORKESPON DENTS W. CLARK 4 CO., „„,, ,„,,o_,. HILL * KENNKDV. r ''""*''""'^""' BANKERS AND BROKEKS, in any part of the country Accounts of Banks, Merchants and others solicited. AND BKOKKRS, 80 Broadwaf, Co., COLLECTIONS made Robison, BANKKRS AND BROKERS, Stocks, & Houghton 8. IV, & & 74 BROADWAY, NEW^ YORK, And 246 Clark St., Cblcaco. 72 erick National, Boston. BOSTOM. OAPITAIi, Co., Jno. p. Towssend, Special Partner. at lowest rates. ASA & B. Hollins CUAS. J TOW.V8ESD. LAN8INO Member N. Y. Stock Exchange. A. D. Maverick National Bank, and GEO. H. HOLT. L'BUILIBR. DBVENS & TUCKEKMAN, 8b ow Card., LabcliH Calendar.. SHEPARD, TOURO ROBERTSON. W. M. SMILLIE, THEO. H. FREELANO, Secty and Treas. aOVERNMBNT, MONICIPAL Securities. BANKERS AND BROKERS, Street, KAILWAT TICKETS OF IMPKOVED ST¥I<Bk VICE-I'RESlnENTS sell TAINTOR. MAIDEN LANE. 9 bDSinea*. allowed on Private telegraph wires to Provldeaoe and Boston. Messrs. B. Executed In Fireproof ISulIdlnff*. UTHOBRAPHIC AND TYPE PRIM Tl NO. MACDONOUGH, INTHRBST received and RAILROAD Co., Broadway and Nineteenth Work J. DEPOSITS H. GORHAM NBir YORK. GENERAL BANKING a G. D. SAFETY PAPERS. BLANK BOOKS OF EVERY DESCRIPTWH ALBERT G. GOODALL, PretidenL TRANSACT G. E. Foreign Governments. »KAFT«, CHECKS, BILLS Of KXCIIAN6E, HTXMVH, Ac, 111 tho flnCMC and most ortlstlo Bt7la FUOM STEEL PLATES, BANKERS. No. 11 UTAIaV ST., Buy and 182 Broadway, Cor. Jobn Street. BONDS, POSTAGE & REVENUE STAMPS, LEGAL TENDER AND NATIONAL BANK NOTES of the UNITED STATES; and for ENGRAVING AND PRINTING, BANK >OTK.H, SHAltK CF.UTIFICATE8, BOXDS A.VB C01U'0UAT10N8, OOVKItMIK.NTS FOK Holt, balances. IMPORTERS, Laif. of .St.tfl of New T«rk, 1868. Ueorffnntzed 1H79. iinili-r Engravers and Printers of & Taintor Alfred H. Smith Founded 1706. 1,088 ^itiattcial. 78 TO 86 TRINITY PLACE, BuHlnCAii NO. 1886. W PTo/lno., Kx-h.-'J* H. Goadby & Co., BANKERI< AND BROKERS, No. 24 BROAD STRBBT, N.W York. ,, ; THE CHKOJNIULR grawnrs of W,ovi^Qn ^xcUvluqz in Morgan Drexel, & WAUL 8TKEET, OORIOIR OF BEOAD, NEUr YORK. I)rexel,Harje8 & Co Drexel & Co., Cor. of 5th & Chestnut 8t8. 31 BouleTard Hanssmann. fort o\m. M. deBothschild, Esq., Vienna. AND THEIR CORRESPONDENTS. Draw Bills of J . No. 23 Sell Bills of Ijy Olake Telegraphic Trausferg of Money Country and Europe. COLLECTIONS OF DKAFTS drawn MAKE points in United States and Canada, abroad on all In the t; nited States on foreign countries and of drafts drawn Uld their London house, Messrs. BROWN, SHIPLEY flrms & CO., receive accounts of American banks, and Individuals, upon favorable terms. & J Stuart J. 33 NASSAi; BILLS OF & STREET. ic MANCHESTER, PAYABLE IN LONDON: IJI4STER BANKING COMPANIf, BELFAST, IRELAND; AND ON THE commission, at the Stock Exchange or elsewhere. Sterling Exchange and Cable Transfers bought and sold. THE UNION BANK ON MEXICO, CUBA, rs' Use Excbange on I^ondon, Paris, Berlin and Zurlcb. Cbeoits Opbnkd and Patments Made bt Cable. House—mUNBOE & CO. Paris Member N. T. Stock Exch'ge Kennedy Tod No. 63 & & 29 WIIililAn STREET, NETT of Exchange on EVAN.-* CO., LONDON. , nwnoN HAMBaO Unf iger & Co., BANKERS AND BROKERS, At & SON, MAKCUAKU, KRAI'S8 HOTTINGUEK Jt CO., ) j dcCO., ip.nia jrAttlS. Kidder, Peabody 1 & Co., FOREIGN BANKERS, Nassau Street, New York, Commercial and Travelers' Credits. of Exchange. Cable Transfers. Chas. margin, all on tor investment or New York securities dealt in at the Sxcnange. on Stock Canadian Bank of Commerce. CAPITAL, J. H. t6,000.000. GOADBY & SUBPLOB, B. E. 12.100,000. WALKER, JOI T AGENTS, 1« EXCHANGE PLACE, NEIXT YORK BUT AND SELL STERLING EXCHANGE, CABLE TRANSFERS, ETC. ISaUB COMMERCIAL CREDITS' AVAILABLE IN ALL FAUT8 OF TUB WORLD. AND BROAD 18 ST. Geo. H. Prentiss & Co., No. 49 WALL ST., NEW YORK, AND SOS inONTAGVE ST., BROOKLYN. GAS STOCKS Street Railroad Stocks and Bonds DEALT IN. bkb gas quotations in this paper. Geo. h. Prentiss. W. d. phentibs. W. W. Walsh Member N.Y.Stook Exoh. John ATTORNEYS AND AGENTS OF Messrs. BARING BROS. & CO., B. McGeorge, BROAD STREET, INVESTMENT SECURITIES AND COMMERCIAL PAPER, 113 Devonshire Street, Boston. London WaU sell 16 No. 20 COmMERCIAL CREi»ITS, Members of the New York Stock Exchange DEALERS IN FOREIGN EXCHANGE, GOVERNMENT Circular Credits for Travelers. AND OTHER INVESTMENT BONUS. STERLING LOANS A SPKCIALTY. St. and 62 Greene St., N. Y. Cable Transfers and Bills or Exchange on 44 commission, 15uy and STAIVTOIV, S. BROOKLYN SECVRITIES Hamburg. Bills J. Buy and sell bonds, stocks an d securities in all American, Canadian, British and Dutch markets on commission. Collect dividends, coupons and foreign and inland Drafts. YORK Messrs. marcnard, Kranss &. Co., Paris JOSEPH & GRAND ISLAND SCRIPS. Kansas & Nebraska Bonds and Scrip. AND AIX KINDS or C. J. International Bank of liondon (Limited), London. ISesBrs. John Berenberg, Uossler & Co. ST OfTer Investment Securities. MELVILLE, CORRESPONDENTS OF THE Stock and Scrip. GAS SECVRITIES, BANKERS. 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 Common Co., WILLIAM STREET, Sell Bills Schulz and Common. OHIO CENTRAL (RIVER DIVISION), &c., dec. Alexander Barino. Kennedy Tod. J. Ohio Central 24 Exctaanse Place, H. O. NOBTHCOTE. No. 32 Nassau Street, New Yoik. No. 4 Post Office Square, Boston. York. Bought and Sold by TELEGRAPHIC TRANSFERS OF MONEY Co., & Toledo New Bonds, Certificates and Scrip. Co. New York. J. issue Circular Letters of Credit forTrave. Abroad against Cash or Satisfactory Guaranty of Re-payment. & BILLS OP EXCHANGE, LETTERS OF CREDIT, CABLE TRANSFERS AND LETTERS OF CREDIT. 4 Broad Street, AND COMMISSION MERCHANTS, ALSO, TOBEir& KIRK COLUMBUS HOCKING VALLEY & TOLEDO [LONDON and EDINBURGH AND BRANCHES; & 0F| BANKERS tc BOUGHT AND SOLD BY First Mortgage, Preferred DRAW ON 22 BANK OF SCOTLAND, John Munroe ~ New 62 'William Street, SMIT.H'S, "LIMITED," stock: CO., York. Accounts and Agency of Bi..nk8, Corporations* firms and individuals 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 BANKBKS, LONDON NATIONAI. & PREFERRED COMinON AND SUCCESSORS TO JESUP, PATOIS Maitland, Phelps MANCHESTER & COVNTIT BANK, & Ohio Central RAII^ROAD Co., BRITISH LINEN CO. BANK, LONDON SCOTLAND. Co., EXCHANGE ON SMITH, PAYNE & Son. London. Toledo Exchange and make Telegraphic Money on Europe and California. John Paton Hambro & special ittwcstmetttB. Bills of Transfers of STEBLISO, Available In any part of the world, !n Francs for we in Martinique and Guadaloupe, and in doilarsfor ase in this and adjacent c(»untries. tUla Draw ALL PARTS OF THE WORLD, ON Hessrs. C. J. BANKERS, BROAD STREET Payable in any part of Europe, Asia, Africa. Australia and America. Exchange FRANCB ON GREAT BRITAIN AND IRELAND, 8WITZGERMANY, BELGIUM, HOLLAND, EBLAND, NORWAY, DENMARK, SWEDEN AND AUSTRALIA. iBsne Commercial & Travelers' Credits Between Seligman & Co. BALTIMORE. Boston. ISSUE COMMERCIAL CREDITS, AVAILABLE IN AND AliEXANDER BKOW^N & SONS Buy and ERS' CREDITS. Neiv York. Issne Letters of Credit for Trayelers, On SELIGMAN BROTHERS, London. SELIGMAN FKERES & CIE, Paris SELIG.MAN & fTBTTHEIMER, HYankfurt. ALSBEKG GOLDBERG, Amsterdam. ALTMAN & 8TETTHIEMER, Beriin, Co., Place, BUT AND DRAW BILLS OF EXCHANQB, MAKE CABLE TRANSFERS, ISSUE TRAVEL- Exchange on, and make Cable Trans- &W . Exchange Co., STREET, NEW YORK. FOREIOSr BAIVKERS. England, France and Germany. fers to, CO., & Cor, & STREET, LONDON. Brothers NEW TORK. Phila. In all parts of the w^orid. through S. & Ickelheimer 29 TTILLIAM l!*on8, London. Messrs. N. M. Rothschild " de Rothgchild Bros., Paris. ** M. A. de Rothschild &^ Sons, Frank- Attornets and Aokntb of Brown ^atli. Co., Heidelbach No. 12 Pine Street, ISSUE TKAVELBKS' CREDITS, available Securities Deposits received subject to Draft. on bouiitat and sold on commission. Interest allowed Deposits. Foreign Exchange. Commercial Credits. Circular Letters for Travelers, Cable Transfers. kvailable in all parts of the world. MORGAN & ^cw BANKERS, PARIS. PBII.ADEI.PHIA DOUBBTJO AND FOREIGN BANKERS. Idessrs. J. S. No. 22 OLD BROAD & Co., August Belmont XLIL IVOL, Manhattanvllle & St. Nicholas Avenue and other City Railway Securities Dealt in. TELEPHONE CALL " NEW." TW. 4:2d St. ^\^m:. KOUNTZE BKOTUEKS, BANKERS, Issued for the use of travelers in all parts of the Bills drawn on the Union Banll of London. Telegraphic transfers made to London and to variiius filaces in the United States. Deposits received subect to check at sight, and interest allowed on balances. Government and other bonds aud investment secoritles bought and sold on oonuuissioo. ivoyen. BROADWAY, DEALER IN CITY RAILWAY STOCKS, STOCKS, <iAS 120 BROADWAY, Equitable building, New York LETTERS OF CREDIT AND CIUCULAR IMOTKS c No. 96 Great Britain and the Continent. TRUST CO.'S TELEGRAPH world. Bank See STOCKS, STOCKS, Stocks, Insurance Stocks. of Trust and Telajraph Stocks EverUno fott and Daitv InMcalor. my quotations In Saturday's May THE CHRONICLE. 1888.] 1. gattfecYs JAMU WBITILT, Matnabd O. BINRT Wh. CHUUIU OJUKUTi il. Riritt. DoDOl, Wuhlnirton, D. 0. Tuatiuh. Hpei^lnl l>iirtii«r. II. R. and gvoTiers Wood, Huestis Prince & Whitely, BKOADWAYf NB1¥ YORK. Ave.. New on oomwlsalon all olusM of Kallroad HacurUtes; alao Grain and I'ruTlMlona. and tell Prtvate Teleirntph wlr«s to Phtladelpbla, Wllmlnii> ton, Raltliuure, WiLMhlntfton. Brldiieport, New HaTen, Bnaton and Plttaburtt. Gorham, Turner & BrHiidt OOlcu at Kverett Uouso. UqIod Square. ArsTiN O. GOBIUM. Chab. W. TttRNIiR, Noble. Member N. Y. Stock Exch. t'liAS V. J. & Kohn A. Co.~' BANKKRS AND BROKKRS, 19 Broad 8t.,N. ¥., milU Buildlnc, Transact a (ieiieral liankiiig Business. KttretKU Kzobanffe. Bonds, Stocks and MIsoella. Dttuus Securities bouKbt and sold on commission. JPLIDS A. KuBN. David Ocbb. Moritz Ocbs, M«nib. N.Y. Stock Bioh. Memb. N. Y. Stock Bx & Hamilton No. 36 Bishop, BANKERS AND MUOKKH9, PINE STKEET. NKW YORK. (Members New York Slock Kxchanjie.) Accounts of Banks, BHjikers and others received. Interest all(»wed on balances. A strictly Commission Business in the purchase and saleof stocks and bonds. Private Teletfraph Wire to Albany, Troy, Syracuse. Kuchester. L'tica, BulTaio, Cleveland and ChlcaKO. Draw on City Bank of London In amounts to suit. Special attention tfiven to Securities for investment WM. V. CABOLHI. CHARUIS f. N. Y. Stock BzchanKe. Member & Carolin Cox Cox, Bankers & Commlsalon Stock Brokera No. 5S BROADWAY, Branch Office. 315 Madison Av., cor. 42d St., Deposits received subject to check at New York sight, and Interest allowed on dally balances. All Stocks and Securities dealt In at the .\ew York Stock Kxchaniie bouKbt and sold on Commission, for Cash or upon Marteln. WA18T0M H. Brown. Hkrbert Fhsd. a. Brown. p. Brown. Walston H. Brown & Bros BANKERS, NO. 30 NASSAU STREET, NEW YORK. & Simon Borg NASSAU No. IT New *"""*" '•"«T MoKTOAoa bonds. WOOD, o. a. uubb yis. l,. m. bwan. R. J. Now York Particular attention & Co., UNITED BANK BUILDING, No. a City, WALL STREET, NEW^ YORK. Connty, State, Railroad, District of Bonds and Foreign Bxchange. Correspondence Solicited. Buttrick & ColombU York Stock Uxchaniie.) No. 18 Wall Street, New Sell made and loana necotlatad. Divldeoda and intereat collected. Deposits received sobject to Draft. Interest allowed. Investment •ecnrltlea a paelattr. We Issue a Financial Report weekly. Joa.C. Waixwtt, Fravk V. Thompson & Richard, BANKERS, 16 4c 18 Mroad Street, New York. (Next door to the Stock Bxchai 4ie.) of the N. V. Stock and Produce Kxch'nces Members Deposits received, subject to check, interest allowed thereon, stocks, bimds, grain, provisions ar.d petroleum bought and sold on commission for cash Ulreot telegraphic oommanloatlon 2i!.2'iJ''^i''"with the Chicago Board of Trade. J ohn H. Davis & Co., BANKERS AND BROKERS. Do a strlrtlf Commlaalon Bnalness STOCKS, KONDM and tiKAIN, PHILADKLPHlAand No. 17 WALL 16 <b BROAD ST., NEW YORK. Albert Pearce, 38 AND Deaier in Miscellaneona Seenrlties, MILLS BDILDINO (8d Floor,) Rooms % A 26. 33 WA LI, 8TRKKT. STATE AND CITY BONDS OF OEOROIA, ALSO 8ECURITIKS OF TUB CENTKAL RR. A ilANKINO CO. OF OEORUIA A SPECIALTY. Investors wishing to buy or sell are Invited to call or correspond. Prompt and personal atteatlon girea to all orders. John NEW YOKK. H. Smith, ST., Fred. BANKER & BROKER, No. 30 BROAD ST., NEW YORK. Manning, B. BANKER AND BKO&BR. Intermediate Points. New York No. 14 W^all Street, SOUTHERN SECURITIES City, A SPECIALTY. State, Municipal and Railway Rends and GonpoDs t>ottghtand sold at best market rates. Investon or dealers wishing to bny or sell are iDvlted to commaat* :atu wUb Mpn^hor us. r\f thp Naiv Vor* Qr/>«» ICTr.nans<^ Twenty years' experience In Railroad Bonds. Parties desiring to buy or sell Uncurrent Bonds wli, please communicate. Stocks bought In Fractional either for Cash or on Margin. lx>t8 or otherwise F.H. Smith, (Members Consolidated Stock and 8. W. Smith, [ Petrolanro Bxchange, New York. H. L. Grant, No. 145 BROADW^AY, NEW YORK. CITT RAILROAD STOCKS ft BONDS BOUOHT AND ^Ct. • No. <K3 Co. BANKERS, 18 W^ALL Deaier in InTestment Seenrities, No. 7 NASSAU STREET, (Continental National Bank Building), STREET, New Vork. Transact a General Banking Bnslness, Including the purchase and sale of STOCKS and BONDS for cash or on margin. Cahoone Inweatment Secorlties. BOX 2.647. 18 Wall WAVLAND TUASK. H. J. MORSS. Execute Orders W. C. HILL. Sell P. O. A. M. KISDXR. Robertson, L. BOND AND STOCK BROKER, New York. Bn7 and SOLD. e Quotations of City Railroads in this paper. J. & Wescott, Street, In New Vork, Securities all Listed on NEW YORK STOCK EXCHANGE. doTernment & otlier Inrestment Bonds Correspondence Solicited. Chrystie BANKERS, & Janney, BANKERS, 35 Naaaao St., 8 Broadway, PINE STREET, I P. O. D. A. BOODT. Box 447. 0. W. MCLILLAH. RxcmsM LaiukND. Howard Lapsley BANKERS No. 1 % & Co., ANT> B5JOKER8. BROADWAY, Slew York. PBTVATIO WIKB TO B08TOK. BANKBUS. UNITED BANK BUILDING, ALL KINDS OF INVESTMENT IVall Street, corner Broadway. BONDS, MISCELLANEOUS SECURITIES STOCKS, BONUa <t OOUJLBKOlAL PAl'ER. Stocks and Bonds t)ooght and sold on commission AND DEFAULTED BONDS. atNewTork stock Exchange. Adxances.mwie on C0BRE8P0NDKNCE 80LICITBD. bnslness paper and other secorlties IN Stock Bzoliaim. cor. Exchange Place, N. Y. Noa. 23 & New Tork. Rruncb OIBce, 't-W La !!ialle St.. Chicago, KeceiTe deposit* aud oonsiirnmenui of Bu!!ioo. Socurltiea and Foreijni Bv* Invetntmont I>eHl In TRANSACT A UKNKRAL BANKI.NO BUSINKSS, chniiKe and inTttuc(irresp4>nd«noe. INCLUDING UK I'URCHASK AND SALK OH' Particular attention Klren t4> IniormaUoo racaroum STOCKS AND BONDS FOR CASH OK iN .MAllN.Y. Stock Bxchange) UlN. BUY AND SKLL I.N VKST.MK.NT KCURI- InTestment SecurltloM. TIK8. INTKKUST ALLOWKD ON DEPOSITS RROKER, SUBJECT TO CHECK AT SIGHT. Transacts ageneral Banking bnslness, Inclndlngthe purchase and sale of stocks and bonds for casta or on manrin. BROKER Membera of the New Toik Special Attention given to on Commission for Cash.or on Margin .V. Y. Stock Bxch. 18 ) f BROKER SFliCl.VLTY. In '. In Elliman, A Bonds dealt in at the Membership Dickinson A. Dutenhofer, With Private Wires to CHICAGO, BALTl.MORB, C. J. Turner, the BANKER AND (IB Tears' Co., Seoorltles. Collections Vork. Stocks and Bonds BouKht and Sold on (;omml»slon Accounts received and interest allowed on balances which may be checked for at sliiht. Iowa Loan 4 Trust Co. 6 per cent Debentorea DouKht and sold. Buy or Sell are invited to call or correspond. Stocks & stock! and Bonds bought and sold on Commlaalon. Orders received In Mining Stock«,and In Dnllated H. Dewing & Son, BANKERS AND BROKERS, Investors wishing to all order* by mall or teleffram. BANKRRS AND BROKBRS. No. 24 Pine Street, New York. ^'"^'!'.P*''^''o. Clark Dewino. k. t. Boimooir Transact a General Banking Baslnesii, (Member of New New York, FIRST-CLASS KO.NDS FOR INVESTBuy and oaih or on marata. Hlvok fca- "ewVork C. Walcott J. 18 Wall Street, MKNT A ""* marKiii, all securities dealt In at tno N. Y. Stock Exch. KouaitT J. Kimball. althsd B. LK)UN8BaKV. Railroad and InTestment Securities. H. Latham t4> Stock Kii^hanire. DBALERS IN AM, KINDS OF J. " •nte™"' allowed on dally balaneaa. All deposits subject U> check at sight. Members I'hil.i.lolphia Stock Kxc-hiuiKo. Noa. 1« dc 18 Uroad Street, New Vork. Buy and sell on commission, for investment or on Co., Bouthkrh Secckitibs a Spbcialty. jokr lloward l.atbam. fridkrice w. pxrrt f:n">">'««>on. for SaMw Co., BANKERS AND BROKERH, 17 Years' Membcr.HhIp NEW YORK. ST., DRAI.KIIH IN uP^-llS," :?" & Kimball Sons, FIRST-CLASS INVESTIflENTS. fi'iitTw",'!;;;'*';.',' Co., 1UNKEK8 AND BROKERS, nilla Bnlldlne, 35 Wall St., New York DAVIS. ^"21"", »" seeurltlas listed at the Jork.'Mi.,k ".V""'" H.x. hioiiiiv Kor.Sale: meuKGn c. Sistare's I« * IS Broad Street, New York, lai Sonth Third street, Pklladelphla. Connected by Private WIra with mala o«ea. Sew York. HITCIMaolUl TO WOOD A York. 1, Bojr NEW YORK, PINE BTRKtrr. 31 ^ew '^ovU ©itjj. & Co. Geo. K. BANKKKS AND BBOKBHS. No. 64 RBANm nwinM«) ^** •''^^^ ttt HI Asiel & Co., BANKERS AND BROKERS No. Bl B. BZCHANOR PLACK. Ann/) L.8.F1kANKIXBnMBB, M. SCLIOH Ainf Mambars N. T. Stock Kxcbang* . . , THE CHRONICLE. iT e^atiadtati and ITareign Bank of Montreal. OAPITAI., - - W. YORK ifJSW & Nos. 59 61 "WAIil. STREET. WALTKB WATSON, JAgeiM. A„™t8 1 ALBX'R LANG, the Stock Exchange. Interest allowed on Deposits, subject to 60-days sight drafts, at and make collections In, Chicago and thro»«hont the Dominion of Canada. Negotiate Railway, State and Abdmrcb No. 23 Office, of England rate, and one-percent below that rate subject to ROBKKT ANDBR80N, vicH-Presldent, (LIMITED). HEAD The New York Agency buys and sells Sterling Asency, No. 61 Wall Street. HBNRY HAGUE. .Bent. Agents, 1 JB., BOUGHT AND SOLD. WANTED: Loans of approved Railways, negotiates and to issues Loans on the London Market, acts as Agent for Railways and other Corporations, either in the mat- payments of Interest on Loans, Dividends oo Toledo Ann Arbor & Grand Trunk Southern Central of N. Y. Ists. Houston East (iBwtjtto Si A Koine West Texas Ists. ALBERT or Registration of Stocks in London, or otherwise. Cable Address -PATT, OF E. LONDON. North America, Sterling Exchange and Cable Transon Scotland and Ireland, fers. Issue demand draft also on Canada, British Columbia, San Francisco and sell t- Chicago. Oe Twentsche BKAZILIAN H. STIKKMAN. B. W. BLIJDEN8TEIN & AMSTERDAin, • - • E8TABLI8HBD HOLLAND. - 1861. Capita fully paid up.7,203,925 GuUders (12,881 ,570—) (1385,237-) HeserveFund 913.082.52M " HEAD OFFICE, AMSTERDAia. CAPITAL (paid np), - - - «1, 600,000 BRANCHES: SURPLUS, ..-.-.. $480,000 H. B. HOWLAND, Pres't. D. K. WILKIB, Cashier London-B. W. BLlJDiJNSTEIlf & CO., No. 55 & t-6 Threadneedle St., E. C HEAD OFFICE, TORONTO. BRAN0BE8: Rotterdam—De WissEL-en-EFFECTENBASK. Catharines, Port Coiborne, St. Thomas, Ingenoi; Welland, Fergus. Woodstock, WInn'neg, Man., Brandon. v«n,. Essex Centre, Niagara Falls and Gait, Ont. Dealers In American Currency & Sterling Exchange. S .. Agents In London : I ''L-nCt.fSarkrri^it^s!6-^ Lombard Street. New Bisr£Kp. ^ Airantji In York- "'*" street. | PrutuptesL ALUjattoD paid to ooUeotlons payable Id aiy part of Canada. Approved CanHdlan baalnefs paper dlBOnanted at he Head Office on reasonable terms, aod proceeds em tted by draft on Vew York. Gzowski & Enscbede-B. W. BLIJBENSTEIN, Almeloo-LEDEBOEE & jR. Stocks and Bonds, Sterling Exchange. Drafts on Vork, bought and sold at CURRKNT PBICBS. '^•ILLKCTIONS MADK. Businesa in Bills, Stocks, Shares, Conp>>ss, Bank of Australasia, (Incorporated by Royal Charter, 18S5,) St., London, England Paid-up Capital £1,HOO.OOO 4 Tlireadneedle ----- Reserve i-'und, 780,000 Letters of ('redit and Drafts issued on any of the numerous branciies of the bank throuKhout Australia and New sent for ooUeo*ton. made. Deposits received in London at Intere r^» axed periods, or Jor transfer to the colonies on terms wnloh may Dte ascertained on appllcariou. PRIUBAUX BBLBr, Secretary. BV SALiE— STOCKS J. P. Wintriii^hiim, 3« Pino St., N. Y. Note Telephone Cnll '•23iiJohn '" BANKS, Shs. IIANR?^. America. 25 Irvinjf. 100 Madison Rq. 30 Broadway. Butch. & Orov. 60 Mnnhattan. Central. arket. 50 Commerce. Metropolitan 10 {'omraercial. 50 N.y. Nat. Kx. Continental. lONinet'th W'd Corn Kxwh'ge. Ninth. 20 Fourth. Oriental. Shs. Shs. BANK8. PaeiiiC. 67 Park. Phenix. Kepubl ic. M "-t. Nicholas. 25 Seventh Ward Itt Shne & Leath. state of N.Y. 7 ; 15 Third Hanover. Jiuctiott #aljes. and BONDS At Auction. The Undersigned hold 8ALE8 REGULAR AUCTION of all classes of STOCKS AND BONDS, ON WEDNESDAYS AND 8ATDKDAY8. 4DRIA1V H. IMUL,L,ER No. 12 PINE 8TREET, NEW KyriTABi.K Bnii.nivo LONDON, Head OBiee, 3 Angel Court. SAN FRANCISCO Office, 422 California St. NEW YORK Agents. J. & W. Seligman & Co. Coiresp'md'ts, Massachusetts N. Bk, Antborlzed Capital, Paid-up CapltHi, Reserve Fund, - - - $6,000,000 1,500,000 - - 400,000 - Transact a general banking business. Issue Commercial credits and Bilisof Exchange, available In all parts of tne world. Oolleotionsand orders for Bonds, Stocks, etc., executed u pon the most favorable terms. FKI t)'K F. LOW, (iM„„.„„, P. N. IGNlTZ STBINHABT,!*"'"'*''"LILIENTUAL. Cashier. /.ealand. Bills ncKotlated or Teietrrapiiic transfers STOCKS Cash paid at once for the above securities or the be sold on commission at seller's option. &.O. NEW YORK CORRESPONDENTS; Messrs. KNAUTH. NACHOD & KUHNE BOSTON FOREIGIV. C E IV will Transant a general BanblnK and Commlselon Bank STOCK AND EXCHANGE RROKERS, A.nglo-Californian (LIMITED). New DBALINQ8 IN A STOCKS CO. Buchan, TORONTO, CANADA. R IJ FOR CO., j Imperial Bank of Canada. S Bailey, PINE STREET, A SPECIALTY. Bankvereeniging, NOTKS iss ed in Pounds Sterling CltAli>Il!:Kavailable In all Darts of the world. ClAL. CREIHT.S ISSIIKI) for use in Europe, China, Japan and the East Hnd West Indies. Alsrj, IlAMl in name of L.O^DON •!LIM II ED, available in the Brazils, River Plate, Ac. Bills collected and other banking business transD. A. .VKTA VISH, ( Agents. . „„nt8 acted. i;ll{CUI..AR I IV E. HACHPIELD, No. 5^9 Pine Street. S. filfl STREET. No. 53 IVAIil. Ists. Ists. Boloto Valley First Mortgage Bonds. Bank Buy and St. Investment Securities This Company undertakes the business of Trustee ter of British 47 William special Ittujestmcttts. Capital Paid Up, £9T1,360 Sterling. ( AGENCY OF THE Paid-up Capital I7.5OO.0O0 Reserve Fund 4.500,000 Reserve for Equalization of Dividends... 5no,o00 Reserve Liability of Proprietors 7,500.000 The Corporation grant Drafts, issue Letters of Oedit for use of Travelers, and negotiate or collect Bills payable at Bombay, Calcutta, Singapore, Saigon, Manila. Uong Kong, Foochow, Amoy, Ningpo, Shanguai. Hankow, Yokohama, Hiogo, San Francisco and London. A. M. T<»WNSENn, Agent, LONDON, ENGLAND. Ex- change, Cable TranHfers, Usues c^edits available in all parts of the world. liiakHS ctillections in Canada and elsewhere, and issues drafts payai)le at any of the offices of the bank in Canada. Kvery description of foreign banking business undertaken. JOHN B. HARRIS. RANK BUILDINGS 4 OFFICE, MONTREAl.. GEORGB HAGUH, General Manager. J. li. PliLMMBR, Assistant General Manager BANKERS: IiO"JDON,BNa.—The Clydesdale Bank (Limited.) NEW YORK— The Bank of New Vork, N.B.A. New York No. Esq ITIass. BANKING CORPORATION. Railway Share Trust Co. $6,725,000 Paid Up. $1,375,000 Reserve. President, ANDREW ALLAN, Esq. Roston, Street, CO., New York Hong Kong & Shanghai • • 28 State deihand drafts. City Loans. Coruespondents, BROTHERS & 18 ITall Street, Bank THE OF CANADA. • New York and Bostox BL,AKE I.an«. Merchants' Bank Capital, Corporations, firms and individuals, upon favorable terms also orders for the purchase and sale of Bonds, Shares, &c., &e., on Commission on the Stock Exchange. Negotiate Railway, State and City loans. ; Corporations, Firms and Individuals upon favorable terms; also orders for the purchase and sale of Bonds, Shares, &c., &o. on Sterling Biohange, Francs and Cable Bny and Transfers; srrant Commercial and Travelers' Credits arallable In any part of the world! Issue drafts on laondon Solicit accounts and agencies of Banks, Railways. I.ONDOIV. aell Co., LONDOiy, ENGLAND. Solicit acconnts and agencies of Banks, Railways OFFIOB, & Blake, Boissevain Co., 62 Gresham Honse, E. C, President. BUCHANAN, Seneral Manager. J. IBatifeers. FOREIGIV. & Heinemann 913,000,000, Gold 06,000,000, Cold 8MITHER8, O. F. nn& FOREIGN. CANADIAN. BVRPLVS, fBn.xihs xni, [ToL. L. de Steiger & Co., BANKERS. fEANKFORT-ON-MAIN, GEBitUNI, & SON, YORK. ' 11 COPTHALL CorKT, London. E. C, 1st January. 1886, 1 ( YOU THAT WEweREG TO ACQUAINT commenced to carry on a genhave this day Banking and Commission business at the above the style of under co-partnership, in address, • eral BLAKE, BOISSETAIN & MR. H. J. DKLANOY drm by procuration. MKYKR CO. will sign for our STANTON BLAKB, A. A. H. BOI8SB V AIN, B RI.AKB!. F. IF YOC WANT TO BUT OR SKLL ANY ON «iTOCKS OKBONDSt PUTS <»K. CALLS write to, telegraph to. send for, or call on, b. W. ll<)SK>B\l'M, 60 Exchange P'ace, New York., Telephone call "New 817." _ : Mat THE (1HR0NICLE. 1888.1 1, ®ut gattUB and Uautijcvs V. W. QooKnr. AHt. Praa'i. "^gorb. JJjctti lutcveat, ^Ivi&tnOSf NEW ENOLANO BANKERS. BANKS. Qio. STCTROis, uf 'pHB INTBRBST Ing bonds Cuh Samuel G. Stiidley, North- Western Nat'l Bank, COMMISSIUN STOCK BROKEK, ClIICACJO, ILLINOIS. No. 4 ExebanBe Place, Room Surplim, $50,000. Capital, 9200,000. BOSTON, Thin Bank holds In iiddltlon »1,000,000 U. W. 4 per cent Bunds at par. pledRod by lis stockholders for the protection of lis customers. Said bonds are pledged as above Instead of beUiK held by the Bank as a part of Its leiral surplus, to avoid what wo think QDjast and excessive local taxation. LODOWIOKj.HlU., B. S. President. BANKERS ana Surplus, Capital - $300,000 00 - Members Jos. This bank has superior facilities for making oolleotions on all accessible points In tbe United States, Liberal terms extended to Canada and Burope. aooonnts of bankers and merchants. OORBESPONDKNTg.— New York, National Shoe a Leather Bank: Union Bank of London. W. T. Blackwell. P. A. Pres't. ) BTATB BANK, I Ilnoorporated 1875. ' - A. K. B. BuBBcrga, Pres't. all Correapondenoe lollolted Cashier JOHN P. BRANCH, JOEK F. QLBtfN, Cash. Fred. R. Scott. Wm. President. Vlce-Pres't Ist. 1886. & Oo. DENVER & & Fisher BANKERS, ANli Sons, No. 137 & Bros. Co., ANKERS, SUPERIOR STREET, CLEVELAND, OHIO. Transact a general banking business, and COUNTY AND DKAL CITY BO.VdS. Lists prices furnished on application. Write us If you wish to buy or sell. Refer, by permission, to Society IN TOWN. and for Savings, Savings of Cleveland, Ohio. AlTD BOSTON STOCK EXCHANGES. & Trust Co. and Chas. H. Potter ALSO. National Banks & Co., INVESTMENT BANKERS, Dealer* In innnlclpal, State, Railroad CIiEVEIiAND, OHIO. and United States Ronde. SPECIALTIES: CITY BONDS, TOWN. COUNTY ANDIRON MINING STOCKS, LAKE SCPKRIOK RAILROAD SBCURITIBS AND STREET BSTABLtSHSD 1S71. Joshua Wilboub, chaklis H. shkldos Je binjahin a. jackson, william binnkt, jb. & Co., R. , - P. F. Keleher SOS OlilVB I. Dealers In Commercial Paper, Oovemment ''and other Srst-class Bonds and Seeorltlef and Forelsn Exohanne. PrlTBte Telegraph Wi' CO.. will MAITLAND, WM. 3. JACKSON. Receiver D A R. O. Hallway Co. r COUPONS V DUE niAV 1,1 sse, frosi the First Mortgage S per cent Bonds i.f the Galveston Harrisbun-. & San Antonio Rnilwwy Company Western Division) will be paid on and after that date at the office uf the Southern Pad Be Company, 23 Broad Street (.Mills Buildln(i.) TIMOTHY HOPKINS, Treasurer. PAUIi & NORTHERN PACIFIC ST. .NKW YoiIK. April 19, IKtW. RAILWAY CO., I, prox., QUAHTEHLX INTEREST due May this company certificates of be transmitted at maturity to holders of record April 24 inst., from which date until May 2, 1886. the transfer books will be closed. GEO. 8. JONES. Treasurer. upon registered T)ond l^ESTERN BANKERS. Estabrook, PROVIDENCE, DUE MAT Bonds of the GRANDE RAILWAY will ^inawcijiX. & Reed Buncan Building, BANKERS, CONGRESS STREET, WEYR088BT STREET, RIO PlIKLPe & CO. BNTRANCB *w York and Boston STREET, & Co., BT. LOUlB, Flagg, Or. Nassau & Pine Sta. No. 11 PINK 8TRHBT. IN B o IV r> s. Real Estate Debentures G Per Cent Interest. 10 Years' Time. A flrst-class security, made on correctIn principle* the cninby some of the best mortgage companies Pamphlet Price, par and accrued interest. try. JOHN '"" ^^.JNew sent on appil<!atlon. ''^I-iil.-k \,>rK. 20 Nassau stre,'t. ^ Atlanta tt Charlotte A. I.. R'r Bonda, memplils & Cliarleston RR. Bonds, nempbls dc Little Rock RR. Bonds. Carolina Central BR. Bonds. Nortb Carolina State 6s. BlrnUnsbani C.'tr» .*Ja., 7s. And Br Dealers In Western Secorltles. Def anited Bonds of Mlsaonrt, Kansas and lUlnotf a Specialty. Good Investment Seonrltles, paying troa four to eight per cent, for sale. ^^^ BH;OKERS AND DBAI.BBS B bankers and BROKERS of the Hirst Mortgage lloited. Lamprecht Wilbour, Jackson Col., April 28. 1886. No. 31, be paid at maturity at the otBce of Of the State, and to all classes of Southern State. City and Railway Securities. Correspondence so- BOSTON. S3 Denvkb, TyOTICE—COUPON Have Western Union wires in their offices, bj means of which immediate communication can be had with all commercial points in the country. Especlaiattentlon Kiven to purchase and sale of VlrKlnlaConsols, Ten-forties, Deferred and all issues Cobb MEMBERS OF THE NEW YORK S. a inr* close May I, and re\yElNSHEIMER. Secretary. Tmnsfer books 17, 18«6. A. , EXGLANI> BANKERS. No. 36 18W). RALTinORE, MD,, Circulars and infonnation on funding the debts of Virginia and North Carolina free of cost; oneeighth per cent charued for funiiinp. Southern Roil' road and State and City Bonds b<jught and sold. & stockholders of record at close of boalnese 1. open May Dealers In Governinents, Stock* and Investnient Securities, 32 SOUTH 8TRKBT, Opposub Seoomd St THOnAS BRANCH Brewster, prll No. 77. from net earnings has been declared, payable May May And &. CO., BANKKRS ANO COMMISSION MERCHANTS, RICH.IIOND, VIRGINIA. KEW and Information President. I Southern points on best terms; prompt returns. CUTTING. B. The usual QUARTERI,Y DIVIDEND of TWO (8) PER CE.^T on the capital stock of this company 15, to TRANSACT A OKNKRAl, DOMB8TI0 FOREION BANKINO BtTSINBSS. parts of the United S Jtte* all Co., Robert Garrett & Sons, BANKERS, No. T SOUTH STREET^ BALTIMORE, 9300,000 walkib. & olsned. N. T. CorrMPOndenta— MoKlm Brothers BICHOTOND, VIRGINIA, made on '22, IHUfl. BALTimORE BANKERS. BAI^TIinORE. XNyESTMBNT and SOUTHERN SBGURITIBS MEKCHANTS' NATIONAL BANK, Collections April To OF PUI.LinAN>S PALACE OFFICE 20. 1886. CAR COMPANY. CHICAGO. A (Members of Baltimore Stock Exchange). First National Bank, IVILmiNGTON, N. C. CoUeet Ions made on LOUIS AI.TON * TERRE ST. HACTK RR. C0..3a NASSAU ST.. NgW YOBK PHILADELPHIA. BANKERS AND BROKBRS. Prompt attention given to all business In onr line. N. Y. COKitESPONDKNTS.— Imoorters' A Traders National Bank and National Bank of the Republic B MAY ao. TWO SOUTH THIRD STREET, Cashier. - Railroad Aid 8e. Prefrrred Stockholders of St. Lonia Alton ft Terre Uaute Railroad Company i A cash dividend of AND ONE-HALF PKB CENT has been declared upon the i^referred Stock payable on and after May 1, 1886. to preferred stock holders of record April 27. 1886. The transfer book! of both common and preferred stock will bo cloeed April 27, at 3 P. M., and re-opened Jnne 8, at 10 A.M. Wilson, Colston ARKANSAS. - * Cincinnati DIVIDEND C. T. Walker, ( IS. W. German National Bank, I.ITTI.E ROCK, Capital (Paid In) - Marietta Wiley, Cashier FIRST-CLASS FACILITIES. New York Correspondents.— The National Park Bank and Sey%nth Ward National Bank. President. MAT Wabash Connty. IndianaGravel Road Os. Cambridge. Indiana— Municipal 7s. BOBIBT U. JANHIT. M. Shoemaker & Co. No. 134 DITRHAITI, N. C, Pay Special Atteution to Collections. J. O. Fletcher, Stock bankers and STOCK BROKERS, of Durham, The Bank 14. Road 7s. Marietta. Ohio- Credit. N. Y. MAY Whitley County, IndianaGravel Road 6s. (iravel Exchange and Letters of M. SHOKMAEXB. J08. 9300,000 BUFFALO, Bills of Quarterly Registered Intereet. Terre Haute. IndianaConsolidated «s. Blackford Connty, Indiana— Exchanges. Buffalo, CAPITA I<, of Cable Transfers, St. _ Gerlach, CHESTNUT STREET, PHIIiADIflLPIIIA. the Philadelphia and New York Mortgage 78, series " B." Hecond Mortgage 7s. series " L." Paul A Northern I'aclHc Kallwaj Co.— FMrst Western Railroad of Minnesota— First Mortgage 7s. Wabash. IndianaAnnual 6s. No. 437 BBKBMAN8. JKWKTT. Pres. JOSIAH JIWKTT, V.Prei William C. Cornwull, Cashier. 7s. Water Works 8a. Wayn'ftChlcagi Kallwar Co.- Pittsburg Fort RANKERS AND RROKERS, Individuals respectfully solicited. Collections promptly made and remitted for. Will act as aKent tor the investment of idle and surplus funds of Banks or Individuals. In our active and growinj.' city money is always In demand. Our rates reasonable, lilve us a trlal- Bank of S^ AND BR0KBR8, & Narr Accounts of Banks Merchants. Corporations and >la. iridlana.* Mortgage 7s. Portsmouth. Ohlf^— Railroad Iniprovemont PHILADELPHIA BANKERS. Designated Depository of the VniteA States. •„,»_ First Dealers In Oovernment, State, Connty. Cll y and Rail road Bonds, Bank Stocks, Ac. Desirable investment Heoarltlee constantly on band ATLANTA, GEORGIA. IWO: I. Indiana Hta'e— Heglslered New SU(« Bone*. Oblo ft West Virginia Railroad Co.— 180 middle Street, Gate City National Bank Mar > PORTLAND, MAINE. THE A- after Orand lUplUs > Indiana Railroad Co.— Mortgage 6». Swan & Barrett, Vloo-Prea't THKVOLLOW. payable at tbe banking hovM of Messrs. WI.-«BIX>W, I.ANIIK * CO., eomer of Nassau and Cedar BtreMs. New Tork atr, on and Is < SIASS. MBMBKR or BOSTON STOCK BXCHANOB. HOOANOUISS. A.\V.HII,L Cashier. No. 4. O.tl Set, Miscellaneous Secarltles. BOUGHT AND SOLD R. A. liANCASTER 4c CO., 4 IVall Street. IrShM^outhem War Money, c-lOSFBDKRATE NUMISMATIST, Blt.1,8 titSlT WANTED, and in small or largeonanlioi 3236, St. Paul. iJlnn : THE CHRONICLE. 1 ^iwaiiciat. '^innnci^l. rtnatxirial. REORCiANIZATION & Kio Grande way Company. Denver OF THE Rail- Philadelphia FIIVAL, STOTICE. The Reorganization Committees of the Denver & Rio Grande Railway Company in London, Amster- dam and New York hereby give notice that after the 15TH DAY OF MAY, 18S6, no bonds or shares of stock of the Denver & Rio Grande Railway Company, or Car Trust Certificates of the Colorado Rolling Stock Trust Company, will be received and allowed to participate in the plan of reorganization, except in the discretion of the committees and upon such special terms and conditions as may be then imposed. April 10, 886, GEORGE COPPEIili, New York Committee. UO^TARD GILLIAT, Chairman of the London Committee. M. C. VAN HALIi, Chairman of the Chairman of the Amsterdam Committee. & RAILROAD COMPANY. & The Reconstruction Trustees of the Philadelphia Readinff Railroad Company request the credittirs and shareholders to deposit their general mortgaKe bonds with Messrs. Drexel & Co., and their other securities with Messrs. Brown Brothers & Co., under the terms of the plan of reorganization, of which copies can be had upon application at their reapictive banking houses and at the Guarantee Trust & Safe Deposit Company. Under the plan the holder of each 91.000 six per General Mortgage Bond, with overdue coupons, aepositing the same, will receive from Drexel & Co. a certificate entitling hiiu to four per cent interest for three years.or until reorganization if sooner effected and upon reorganization to a four per cent new general mortgage bond for $1,000 and $480 of preferred stock— the holder of each seven per cent bond to liDlders. Investments. Cincinnati 1st (C.I. St. I.. & C.)7s, 1S88. Columbus Sprlngf. & Cln. 1st 7s, 1901. elite. lofva & Nebraska Ist (Clilc. & N. -W.) 78, 1892. St. liOiils Alton & T. H. 1st 7s, 1894. Indianapolis Sc Paul Minneapolis & ITIanltoba 1st (Dakota Extension) gold 6s, 1910. St. Paul Minneapolis ic Manitoba 2d St. gold 6s, 1909. Nortb. Pacific Term. 1st gold 6s, 1933. Clilcago Burl. & North. 1st 5s, 1926. TVlscousin Central 1st gold 5s, 1909. Morris ic Essex 1st 7s, 1901. Morris & Essex 1st 7s, 1914. Milwaukee ic St. Paul 3d 7 3-lOs, 1898 James River Valley Ist (North. Pac.) gold 68, 1936. CH AS. 18 We T. WINO, IVAIili ST. have to Offer to Investors upon Prlrate Terms, ^1,4SS,000 6 PER CENT FIRST «AOE BONDS ]HORT- UPON A RAILROAD PARTLY BUILT. !rhe Earnings of the Road are estimated at lowest calculation nearly twice the amount of interest on the Bonds required to complete the Road, as it runs through a rich agricultural country. Information furnished on application at our oflQce or by mall. HILMERS, McGOW^AN & CO., Box 2847. 3 5 TTall St., New York. P. O. Pa]/— 10 per cent cash assessment. J?eccH'e— §100 Preferred Stock for assessment and $1,000 (with such addition as equals matured coupons at reorganization) of lucome Stock. Fives Consols, 1st SeriesPay— 10 per cent assessment. Jleceive—llOO Preferred Stock for aase-isment. gl.OOO Cwith such addition as equals the matured coupons at reorganization) of Consolidated Stock. Fives Consols. 2d Series- Pay— 15 per cent assessment. M€ceive—tl5Q Preferred Stock for assessment. with additional Common J and Consolidated Stock in same proportions equal to matured coupons. Convertible 7s and Debentures of Railroad and Coa & Iron Co. Pay— 15 per cent assessment. Receive— $150 Preferred Stock for assessment, $1,000 Common Stock, with additional stock to cover coupons. AU unsecured chiiix^ when proven (uhether funded or jlvaWig) get the same recog ^ition as Debenture Bonds. The Old Preferred ami Common StockPay— $iO per share. Receive— ^10 Preferred Stock for assessment and $50 Common St»ck per share. Deferred Income BondsPay -214 per cent assessment. Receive— $25 Preferred Stock for assessment and for each $1,000 bond $200 Common Stock. Certificates of Ueposit negotiable at the Stock Exchange, entitling the holders to the new securities after reorganization, will be Issued to the depositors. Sixty days' notice by advertisement will be given of the time for the payment of the iissessments. Under this plan the annual fixed charges are reduced to #6,971,087. being $954.*(1T leas than the reported net earnings of 18S5 ($7,926,303). and secure to the holders of the Income Stock an annual advantage of $1,559,579. to the holders of the Consolidated Stock of $1,987,403, and to the holders of Common Stock of $1,879,929. and the reported average net earnings of the last five years ($9,636,339) would pay a dividend of five per cent on the Preferred Income and Consolidated Stock, leaving an annual surplus fund for dividend on Common Stock of J333,4y0 90. To promote the success of the plan an agreement has been made with a syndicate to advance the expenses and disbursements, and if necessary to pay the cash assessments. In case reorganization can be effected without foreclosure, under the present charter. Income Bonds may be substituted for the proposed issues of new $250 consolidated Stock, ^750 Common Stock, OF CHICAGO- DEALT IN BY By order of Mr. Henry W. Smith has been added to the Purchasing Committee appointed under the plan of reorganization formulated by Messrs. Franlc C. HoUins Chairman, Caivin S. Brice and Clarence Cary Com. mittee on Reorganization. Holders of the securities of the road interested In settling the property without expensive delays are requested to at once deposit their bonds and to affix their signatures to the agreement, which will be found at the office of the Central Trust Company and with the undersigned, constituting the Purchasing Committee. FRANK C. HOLLINS (H. B. HoIIins & Co ) HBNKY W. SMITH (Mntuai Life Ins Co ) WILLIAM A.KKAD(VermlIyelco CLARE.VCB CARY (Cary & VVhitridge.) R. T. Wilson & Co., BANKERS AND COMMISSION MERCHANTS it Bxchange Court, New Cork. Georgia GARRETt, B. COTTON Chairman. OIL. RR. deposit with the Cenunder the plan of Reorganiza- tral Irust Company, tion, the following securities CONSOLS $14,392,000 $13,004,000 AND»,o„ „„„ „, Shares. ^182,289 INCOME BONDS PREFERRED COMMON sroCK IN ORDER THAT ALL SBCURITY-HOLBERS may have an opportunity to participate ia the beneHts ot the agreement, the time during which they mav deposit their securities has been extended seven (7) days, until May 4 prox., Inclusive, after which date they will be received only on such termj and conditions as may be determined upon by tlie committee. PDKCHASE AND REOBOANIZATION CO.ItMITTEE by New „ York, April ^, . OLCOTT, F. P. Chairman. 27, 188(3. TJANKING HOUSE OF WINSLOW, LANIKR & COMPANY, NO. 28 NASSAU ST. NEW Y'ORK. TO THE HOLDERS OF THE FIRST MORTGAGE 7 PER CENT BONDS OF THE DENVER SOUTH PARK & PACIFIC RAILROAD COM- PANY : Referring to an advertisement signed by Henry McFarland, Treasurer ot the Union Paoiflc Railway Company, dated Boston, April 19, 18t6, of which copy Is printed below, we deem it our duty to ask all holders of bonds to advise us of their post ofHce address and the amount of their holdings at the earliest practical datcwith a view to a conference with the bondholders as to their best method of procedure for the protection of their interests In the premises. Until such conference can be had it may be well for bondholders to consider whether the acceptance of the offer of the Union PaclBc Railway Company might not endanger their rights or weaken their security under the mortgage. APRIL WINSLOW, LANIER i CO. 27, 1888. COPY OF ADVERTISEMENT REFERRED TO: "^OTICE.-THB UNION PACIFIC RAILV?AY COMPANY hereby gives notice that It will pur-' chase and hold uncanceled the coupons of the Denver South Park & Pacific Itailroad Company on its first mortgage bonds, representing interest which will fall due on the Ist of May, 1886, and will pay therefor the face value thereof In money. Such purchase will be made by the Union Pacific Railway Company at Its oCQce, No. 44 Equitable Building, Boston. McFARLAND, Treasurer Union Pacific Railway Company. Boston, April 19, 1888. HENRY C. H. Bachem HAS REMOVED TO Ko. 11 PINE STREET. Orders for Stocks and Bonds executed at the York Stock Exchange. New Avenue Fifth HOTEL, the Board of Reconstruction Trustees, JOHX Madison Sqaare, NEW YORK, The Largest Best Appointed and Most Liberally Managed Hotel In the City, with the Most Central and Delightful Location. HITCHCOCK, DARLING & CO. AMERICAN COTTON OIL TRUST CERTIFICATE SHARES J. OOODHART & 24 Broad Members of St., New York New York CO., City. C E. To Stockholders of the Wabash St. Louis & Pacific Railway Co. FOR THE ACCOMMODATION OF FOREIGN STOCKHOI,DBHS the time during which subscriptions will be received for the new stock, under the Bondholders' Agreement of July 15. 1885, has been extended to May 10, 18S6, after which date the right of stockholders to subscribe will be forfeited. All unpaid Instalments will bear interest from April 10, 1886. For the Purchasing Committee, O. D. New York, AprU 9, BRANCH Offices 72 Wall St., 1889. ASHLBT, Secretary. N. Y. Connected with I. A. EVANS &(»., Boston. 114 So. 3d St., Phlla. B. L. Brewster & Co., Chicago. 1419 F St., Wash'd. HtTlinARD& FARMER, Hartf'd. Private vVire Connections. Stocks, Bonds and Miscellaneous SeExchanges, also Grain and Provisions on Chicago Board of Trade, Buy and I G.'B, 3CHI.ET, Schley, BROAD STREET, NEW VORK. curities Stock Exchange. O T & Moore 26 Members New York Cotton Exchange. IV JOHNG. MOORK. W.K. KITCHEN. BANKERS AND BROKERS, BOUGHT AND SOLD BY P. LAKE ERIE & WESTERN RAILROAD & The Committee have now on stock. BONDS AND STOCKS P. J. CtOODHART & CO., MEMBERS OP NEW YORK STOCK EXCHANGE 24 Broad St., New York. I 1 1^ GAS STOCKS. EQUITABLE GASLIGHT CO. OF NEW YORK. UNITED STATES EQUITABLE GAS CO. CHESAPEAKE GAS CO. OF BALTIMORE. EQUITABLE GASLIGHT & FUEL CO. East Tennessee Virginia Reading receive $20 additional preferred stock. Income Mortgage and Convertible Adjustment Scrip- May [Vol. Jlill sell on New York & Spencer Trask BankerSy Co., Nos. 16 AKD 18 Bboad Stbeet, Iranaaot a Gfeneral Banking Business Branch Offices: Oonneeted by Private Wiret. Philadelphia, 133 South Third Street, Albany, N. Y., 65 State Street. Providence, R. I., 13 Westminster St, Saratoga, N, Y„ Qrand Union HoteU xtmtk HUNT'S MERCHANTS* MAGAZINE, aEPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATEa VOL. SATURDAY MAY 42. , CONTENTS. THE CHIlONICLE. Dolnrr Financial Review of April.... 532 533 Exports for Imports and March, and for the Three and Twelve Months ending with March in 1886 and 1885.... 534 Monetary and English News ohaoge, U.S. Securities, State and Railroad Bonds and Stocks 538 Range in Prices at the N. Y. Stock Exchange 539 COIIIIERCIAL 5-10 Railroad Earnings General cjuotatious of Stocks and Bonds 541 Investment and Railroad In- 547 telligence [Entered at the Post Office, 1314.590.841 every Saturday morning. New York, N.Y., as second class mail matter.] 20 10 28 78. 88. in two of the ioriptlons and advertisements will be taken at the regular rates, and single copies of f he p.iper supplied at Is. each. The otnoe of the Cuuonicle In Liverpool is at B15, Exchange Buildings. jnwS^ piVivn JOHN o. flovd. 81 NEW YORK. WUltam Street, p^,^ Okfioe BO.-C 958. CLEARING HO USE RETURNS. At a few of the leading cities— Philadelphia, Pittsburg, Baltimore and New Orleans, for example and also at some of the smaller towns, the reduction in the volume of clearings — during the week under review was due to the observance of Good Friday as a holiday. Furthermore, although the day was not strictly a holiday at New York, the closing of the various exchanges, and the virtual suspension of business in some branches of trade, caused a decided decline in Saturday's exchanges, the total for that day being onl*r $87,655,341, while the average for the other days of the week was $95,379,100. It is therefore, we believe, safe to conclude that the falling off at all points from this cause was about $75,000,000. But this does not account fully for the decline from the previous week's figures; for after allowing for that amount, there still remains a decrease of some $40,000,000, no doubt resulting from the labor troubles and the check to trade which they are causing. Contrasted with the corresponding week of 1885, the returns make a favorable exhibit, the smaller percentage of gain than last week recorded being due entirely to the holiday mentioned above. In fact, comparison between a like number of days in each year would give an increase of fully 24 per cent in the whole country and over 11*5 per cent outside of New York. The share transactions on the New York Stock Exchange for the five days reach a total much below those for any similar period since July last, and cover a market value of only (1.715.474) (+80-8) (841.700) (-«r6) (-50-4) (68.988,0001 (+876) $83,180,081 +15-8 +1-8 +18*0 +4-0 (30.044.000) (40.006,000) $67,893,183 4.203.300 1.455.528 937.873 804.804 814.900 745.237 406.608 $63,839,783 +41 3.579.000 1.357.217 +17-6 +7-2 -11-8 +8-8 +9-S +10-4 -15-0 »77.26<i.233 $73,872,522 »47.4ei.267 7.013.707 9.068.627 $41,340,164 7.018.149 10.914.730 164.113.501 $59,273,043 $43,833,656 9.053.060 2,869.191 8,856,073 1,057.317 8.049.685 1.466.412 658.568 $43,525,936 +0-7 7.4-22.150 +220 2.767,697 2.339.187 SDriaKfleld Lowell Phlladelphto Pittsburg Baltimore Total Middle.... Chicago , Milwaukee IndlanapoUs Columbus Offlcea In Ensland. Peorta Commercial and Financial Chronicle in London Omaha.... is with Messrs. Edwards & Smith. 1 Drapers' Gardens, E. C. where subDenver* & +81-4 $693,087,448 (27.812.000) (Pttrolmm..lMt.) the 79 17. PtrOia 1886. !-2l-4) (-84-9) (293.000) (36.801.500) Total N. England Subscriptions will t)6 continued until definitely ordered stopped. The publishers cannot be responsible for remittances unless made by Drafts or Post Ottlce Money Oiders. A neat tile £0 ver is furnished at 50 cents ; postage on the same is 18 cents. Volumes bound for subscribers at $1 00. ? ^ Wetk Endtnt Arr. (-16-5) (-21-8) (0S3.693) (220.200) (28.'; 53.000) pvUiihed in Worcester For One Year (Including postage ) $10 6 For Six Months do European Subscription (Includln g postage) 11 Annual subscription In London (including postage) *2 SixMos. do do do *1 These prices include the Isvestors' Sopplesient, issued once months, and furnished without extra charge to subscribers Chronicle. office of +18-5 (Cotton. ...balu.) (OTain...lnuheU) NewUaven M Terms of Subscription —Payable in Advance: The $434,334,721 (.au>cla....iilMrM.) Boston ProTldenca AND FINANCIAL CHRONICLE New York New York 24. PsrOmt. 18S6. SalMo/- %ht ^hxonicU. THK Week BnMna April 1S86. Commercial and Miscellaneous 537 making our after usual deduction for these stock operations, exhibit an increase of 84*8 per cent. 535 News corresponding full The remaining exchanges, of 1855. Commercial THE BANKEIiS' GAZETTE. Honey Market, Foreign Ex- NO. 1,088 1886. $58,600,000, against $69,737,000 for the week Olearing-House Returns 527 The Plnaaclal Situation 528 Brltlali Amerlcau Cattle Companies 531 1, 1.057.811 743.321 741.937 674,903 478.520 2.751.338 2.318.423 1.136.516 1.800.803 1.167.031 786.138 4.578.800 1.674.819 1.141.843 758.888 New Orleans +]8« 684,688 -H»a +4-6 $93,657,271 +14-4 +14-8 +80-8 -11-4 $64,497,915 7.670.T71 11.963.646 +88 $74.1S8,<Si +16-8 $47,659,668 10.766.660 8,198,449 2,843.184 1,] 47.795 2.349.977 1.561.945 565.213 +8-1 +»2rS +4-1 -01 +4-8 +14-8 -70 +13-S +25-7 -18-2 +18-3 +27'7 +79 +3-4 +1»9 -8-9 +18-4 +5-5 -83-8 +-38-0 2.683.708 8.997,980 $88,401,649 $83,247,517 +5-0 $72,609,389 +T* $14,857,741 $14,513,164 817.815 579.201 6.604.929 3,796.052 +2-4 +41-8 -7-8 —5-8 $14,969,810 648,808 7,157.981 4.100.483 +47-7 +41-0 6.571.788 1.488,885 -8-7 +1-7 +8-4 -8-7 +88-4 6.088.697 Lonlaville 8.5S7.260 Kansas City 5.S5S.922 1.338,889 GalveatoQ* —MCO 969,6«0 840.014 2.582.146 Total Western... 3.963.413 948.453 +-18-4 1,413398 983,521 $32,542,124 $30,406,814 +70 $8,631,377 $10,641,499 -18-9 $11,290,060 -18-1 $763.63.'-,6i5 $871,774,518 +13-7 $S78.64e.209 +175 New York t248.984.7a4 Not Included In tott^. $237,439,795 +4-9 $2»5.H18.761 +10-1 Total Southern.. San Francisco Total aU Outside • (1.129.141) $33,988,889 The telegraphic returns of exchanges for the five days as received this evening are given below. There is a decline in the aggregate from the previous five days of $75,616,602, and in comparison with the corresponding period of increase reaches only 15-2 per cent, whereas last 21-4 per cent. rive Daye Etidint Af/rU SO. 1888. New York Sola of $408,898,061 .Stock (tht.) Pm-OmU. 18SS. $330,300,073 (1.080.224) (641,5961 58.943.548 52.431.972 Philsdolphta 4S,.S21.tf22 88.2a<l,768 Baltimore chictmo St. Louis New Orleans 9.060.609 34.648,000 11,973.390 Total Balance, Coantrr* Total Outside all New York S.706.8« +181 (+88-4) +18-4 +84-5 +4-8 -OS 5.2S0.378 34,884.000 11,486,490 8,070.733 $569,931,968 52.191,073 S the 1885 week it was D'y Bni'i Apr. 1888. $483,838,608 (781,996) 69.041.884 38.811,888 7.876.4B8 as. PtObHt +80-8 (-18<» +T8 +1-8 -18-7 +!» +4-7 37.413,000 18,888,880 +41 4,983.783 -ll-O $494,978,888 48.188.007 +16-1 $648,433,888 53,888,900 +8811 +168 $083,188,031 $840.1S8.87S +1S-8 $887,738,038 +«-4 $SU.48«.«7d $i88.8aaaas +18* (813.9a7.131 -^4-3 •Bttlmatedont be basis of the last weekly r<itorna +8 t»8 a .. THE CHRONICLE. 528 [^OL. was a balance gold, so that the actual result THE FINANCIAL SITUATION. no change to note in money this week. Bankers' balances to be sure have ruled lower, the average for the week not being much if any above 2 per cenf, though on Thursday the rate was run up to 4 per cent but the tendency is certainly towards ease notwithstanding the There is The truth is quiet, while enterprise business is speculation is, all widely checked by money the labor troubles, so that the requirements for This light. is the outlook being so paper making, are small amount of commercial seen in the uncertain that new engagements requiring funds are for the time being held Besides that, the flow of money from the in abeyance. interior has been more active this week, and helped to counteract the effect of gold shipments. BxpQrts. Imports. of exist here, the cable reports But while these conditions per cent London at for sixty-day to three months' Ex- Exports. isra. t Jan Feb i 39.409 64,829 66,165 of Ex- Im~ ports. ports. Imports. ? 275 137 $ 33,515 25,894 35,374 29,455 41,857 24,298 Omitted.) SlLVEE. Excess Imports. ports. t Ex- ports. 111 t 1,811 2,210 2,984 ? 1,313 1,888 997 1,987 ? +71 22 346 Excess of t S93 322 188 115 77 600 533 82 7,103 4,198 2,907 795 465 892 226 1,192 1,120 843 789 403 1,187 569 315 +275 1,085 1,223 85 •380 ..42,562 2,152 1,543 809 3,166 3,097 5S 43,285,28,794 47,760;i9,974 60,709 24,360 4,740 677 30 271 7,189 161 4,710 308 7,008 1,877 1,728 1,389 951 958 806 426 768 584 Total.. 226,888; 153,751 »3,128 12,486 462 12,024 4,472 2,714 1,763 102 7.231 3,229 1,032 +6,762 +2,389 2,182 1,552 1,627 534 631 631 1,648 921 906 2,443 10,562 +8,119 3,281 1,786 3,47B March.. Total.. 190,393 110,748 rS.MT 1880. Jan Feb 66,997 39,957 March.. rr .361 55,20811,781 55,643 4,309 70,887 6,46» Total.. 204,305 181,743 150 1881. Jan Feb. .. March 74,079 6r,734 85,069 . 2 Gold. Excels Year. ; shipments of gold to Europe. our favor of in $3,319,000. FOBEIQS TKIDE MOyEMEXr OF THE UNITED STATES— (OOOs Mkbchandise. XLH. 1883. 1 and about the same rate at Berlin and Frankfort. This activity, however, is due mainly to the preparations for the French loan, which it is now expected will be When the awards have issued during the ensuing week. been made and the subscriptions rejected and the deposits therefor released, the tension it is presumed will be relieved in all foreign markets, and a relapse to normal Jan Feb 64,921 March.. 62,614 prospect Jan Feb bills, was the be conditions reason leading a Bank result. in Doubtless this managers week to refrain from inducing the England this Still another reason of raising the official minimum. influence was the stronger tone for exchange at this point on London, which promised shipments of gold to London Perhaps, too, it in case of any urgency in the demand. was delayed partly on the idea that a rise could have little erffect in making European money markets more favorable to London while the issue of the French loan was pending; after the awards are made, the conditions in this particular will be different, and a rise then in the official rate would for that reason be more effective. The market for sterling and for francs has been firm at Notwithstanding exchange on unchanged quotations. Paris has ruled slightly below the gold shipping point, the steamers sailing on Wednesday and Thursday carried $1,021,558 46 of gold bars, and $250,000 more goes by •of the of 56,6071 56,956 7,966 38,827 •2,220 68,804 *5,990 Total.. 184,142'l84.387 1,134 469 840 •245 1883. Jan Feb March. 56,971 23,409 56,301 10.554 60,780 16,872 1,310 291 3,245 34 746 284 1,278 +455 2,981 2,518 1.424 2,957 896 986 1,523 1,628 438 Total.. 224,887 174,052 50,736 4,846 1,084 3,782 6,899 3,404 3,495 B25 154 371 422 3,411 +2,989 90S 12,224 + 11,321 2,314 2,349 2,094 1,163 878 1,204 1,151 1,473 1,850 15,789 +13,939 ~6,757 3,243 3,514 80,380 66,855 » 7,663 1,434 1884. 73,990 61,247 56,210 March.. 54,311 19,679 54,711 6,586 61,263 •5,053 Total.. 191,447 170.285 21,162 890 1885. Jan Feb 80,533 53,940 51,398 43,221 38,312 42,028 11,912 32.976 •1,578 2,076 1,888 1,756 1,448 1,838 833 629 252 923 2,229 2,507 3,119 1,093 1,004 1,838 1,136 1,503 1,283 Total.. 185,872 137,225 48i848 5,719 3,915 1,804 ^855 3,933 3,922 1,708 986 2,682 5,654 9,921 +878 +4,868 2,907 1,992 2,345 1,023 1,147 1,760 1,884 March.. 1886. Jan Feb 57,983 31,905 53,690 March.. 47,411 10,572 56.687 •4,782 60,037 •6.847 840 +9.081 84S 585 i Total.. 163,578'l64,lS5l » Excess of imports. •657 3,t32'l8.157 + 14,625' 7.244] t Excess of exports. 3,930 i 3,314 It will be noted (and it is a noteworthy fact) that the above exports for the three months of 1886 are the One hunsmallest of any year in the foregoing record. dred and sixty-three millions for than gold and silver) during the all our exports (other first quarter of the year total, especially if compared with same period of 1883, when the total was nearly 225 With regard to sterling, the de- millions, or with 1881, when it was nearly 227 millions; even the Servia to-day. mand seems to be strong enough to keep the rates in 1884 it was 191^ millions. Still it was not the mere fact within half a cent per pound of the exporting point, of l^s thus disclosed that we wished to call attention to and a further advance may be made if the inquiries for what we had in mind was the circumstance that there is remittance from the arbitrage houses should be urgent. much more of discouragement generally drawn from that is an extremely limited the ; Within the past few days selling of stocks for European induced by the labor troubles in money in London, though on the other feature of our export trade than account has been active, popular belief here and the loss in actual rise hand, against these sales of stocks, some purchases of bonds is to just is that the it The really deserves. difference noted represents a exportable products that extent learning —that to is, that the world do without America. That feeling or belief is encouraged by the smaller shipany ments of wheat, which every one notices and which Lontime change, so that no accifrate forecast of the sterling don papers and spme American writers love so well to market can be made. Stock operations in London have attribute to a permanent substitution of India produce been recently most profitable in Americans, and as the country that, notwithstanding all the late extension in facilities for speculation between London and New York railroad mileage and other stimulants, has not been able are ample, the exchange market just now is more likely to to increase materially its surplus crop for four years, its be affected by arbitrage operations than by trade require- wheat exports being 37 million bushels in 1881-82 (four are reported ; the arbitrage movement, however, uncertain, and the course of the speculation may is very at — ments. In this connection movement the trade in it should be remembered that March was as appears from the statement issued this Bureau of summary Statistics. It will ably (when the figures are made up week by the which ends with March 31, 1886, they be noticed in the following which we have brought together the were very heavy, as well as the exports hght, and that the merchandise balance for the month is therefore $6,347,000 against us. There was also a net export of $585,000 of silver and of $9,081,000 of it (in figures since 1879) that the imports years ago) and 39 million bushels in 1883-84, and prob- especially adverse, less for 1885-86 than it will surprise its fiscal year, show) a trifle last year's total. But passing the India question on think for will this occasion, in our exports of 1886, probably the whole of a loss in values and not to quantities. that we have we our readers to learn that of this loss it is We do due not to mean not exported less wheat, but that taking all ,, Mat 1. THE CHRONICLE. 188«.] 620 Taken as a whole, then, the gricalttml will at farm work. two years ago, when the prospect may be said to be a* full of promise as any we have not the figures within previoua spring of which we have a record. Especially our merchandise exporUi together, the quantities equal least of total large the values were 1'jU millions; our reach today to make a comparison with 1883 or with 1881, but womake it with 1885 and 1884, which will be suflicient for reports on the the investigation and We our present purpose. which are the breadstulls, use as tho basis of provisions, cotton, oils, encouraging is the start grain has secured in the Weat and Northwest, since a strong, wellrootad, early growth has in it a power of endurance fortifying the plant in a very large measure against all future adverse conditions monthly reports of weather. special The labor troubles, particularly the more prominent and Bureau of Statistics issues, and the only articles which we have returns of both quantities and values. longest continued strikes, have assumed a better stiape As those articles together generally make up over 70 this week. That is to say, both the Southwestern railper cent of the total export values for the three months, road disturbance and our street car difficulty are in the result they bring us to, cannot be very far out of the the way of speedily settling themselves, it having been way. First, then, we give the following table, the first demonstrated that both companies can conduct their two columns of figures being the actual values and quan- operations without the aid of their old hands. This will be a very wholesome result if it is reached, for it and the tities of the articles named exported in the three months the for of 1886, and the third and fourth columns showing the 1886 values would be if what the quantities exported in 1886 had gone out at the values current in 1885 and in 1884 respectively. boycotting failures bring out in sharp relief and establish, all, the principle that every man and every company has the right to conduct his own business without dictation from any body of men, and further that to harm once for that business Actual Exports Fint Three ifontlw 1886. Articles. Cotton 0118 Breadstutta Total values Quan(»««. Values. 0/1885. 258,072,689 lbs. 57«.409,78« lbs. I«8.2B5,572 gal. 41,74S,09S bush. 119,136,777 56,088,028 822,485,159 61,934,733 — 1 in the gent ones is 0/1884. 126,395,806 60,569,950 10,770,853 11,022,490 12.400,301 29,538,056 31,266,978 40,618,061 »115,S31.8U 11 26,708.860 tl3fl,9ra,088 is too, Some a crime. make people, even fairly intelli- the mistake of supposing that liberty synonymous with license, and it takes time and not infre- quently severe experience for them to wo enjoy liberty in this country is learn that the not of that kind. American freedom, Uke all things earthly, has its limitations it permits no man to harm either the person, ; each of these property or character of another, protecting equally the 1886 exports had gone out at its 1885 Bohemian baker and the railroad manager. That prin- The above brings out the articles Estimated Values for 1886 Based on Prices fact that if would have been $11,177,146 ciple is, we think, more widely understood here to-day is, they would have been inthan it was two months ago, and we look at that fact as a creased 9-67 per cent on the other hand, if they had gone hopeful feature. out at the 1884 values, they would have been increased But there is another species of labor trouble, which has $24,440,274, or 21-15 per cent. Applying these same per been on the increase this week and is very disturbing both as ventages of increase to the remaining exports for each cor- it exists to-day and on account of the fears of its extending value, the total 1886 values more than they were —that ; responding year (on the supposition that a similar difference which and we should have the result for the last three months (instead of as it was $163,000,000) about $179,396,000 on the basis of 1885 values and about In other .$198,175,000 on the basis of 1884 values. words, the chief factor in the loss in exports, as compared with both those years, has been the decline in price. This is an interesting conclusion, but we have not the space to remark upon it further here to-day. The week's crop news has all of it been of the very best ment. exists) it gives rise settle for itself, but clearly a We refer to. Of course it whether it will work of profits If the one or no hours ten, ; much in demand may be earnings of labor come — share of the product, scarcely needs to be said be — capital its it whatever that product that no man can earn as much ten or as hour move- wise use of an industrious man's liberty less can scarcely be imagined. out of the to the eight a legitimate question for labor to is nine as in ten. in hour as one Under in pressure, such a enforced, yet the arrangement if connever remember a year when the reports cluded cannot but re-adjust itself, and to the disadvantage from the West, Northwest and Pacific Coast came up so of the ambitious, industrious laborer in the end. Of course description. We And uniformally favorable. thus reported, but it is not one crop alone that Winter wheat these remarks do not apply to any exhaustive work in which eight hours is the limit of a man's endurance, for making marvelous progress, and an unusually early harvest in that case he could accomplish as much and perhaps seems to be almost assured now with the exception of more in the shorter time. But in the general run of our Kansas and Michigan, where so much was winter killed, industries the present hours are not onerous and if that this grain also premises to be a full yield everywhere, con- were the claim, to pay by the piece where it is possible, trasting with the failure of last year. The spring wheat would be the correct practice. Still, the wisdom or unwisplanting has been about completed and under very encour dom of the movement is not the issue now. Many labor aging conditions in most sections it is up and in as flourish organizations have apparently determined to insist upon this ing a state as one could wish. Oats and corn planting has change, and how far it will proceed and to what extent also made good progress, both grains being in the ground, it will unsettle our industries and further check the busiand successfully started in all but the later districts. The ness activity which was in prospect is the uncertain prob- is it all is crops. is ; ; ; Commerce lem. Still, if the old strikes are exhausting themselves "I cannot remember at any there would seem to be in that fact a fair assurance that four or five years having sent you but a short period need be allowed for this new eruption. well-informed correspondent of the Journal of says under date of April 27 " time during the last " : such a uniformly favorable report of a spring opening "in the Northwest as I am able to wire you to night." An event in investing circles has been the further reduction of cash interest paid on the Chesapeake & Ohio A From the South and South-west the reports respecting com Class B bonds. year ago the company announced ita and other grains are also alike good, while cotton planting inability to meet the coupons on these bonds in full, and is making rapid progress, the seed being all in and satisproposed to pay one-half in cash and one-half in scrip. factorily started in most of the earlier sections, except This was accepted as a fair proposition, considering the where the high water in the Mississippi Valley has delayed state of the company's finances an* income and the » .. THE CHRONICLE. 530 depressed condition of railroad property generally, bondholders therefore Consequently both gave readily XUI. and statement of the Pennsylvania, though also satisfactory in showing an improvement over the previous year, is yet assent. their it May and November the [Vol. coupons much favorable than less that of the Erie, because we if compare with tne years preceding 1885 the showing ia holders not particularly good. Thus on the Eastern lines the Now the in 1885 were paid in that way. to-day maturing the coupon that are informed will gain in net this year $144,671, while the decrease in is and two-thirds in scrip. the previous year had been $243,442. On the Western a justification in system the result is somewhat more favorable, and against The earlier step certainly had a deficiency of $96,039 in March 1884, and $84,208 in the later step is the state of the company's income the deficiency this year is be paid one- third cash in ; claimed to be an efiort to give a preference to the holders It is only just to the managers to say of the floating debt. that the necessities of the company in this particular were foreshadowed in the annual report published by us two weeks ago, where it was suggested that "it would without " doubt be advisable for the holders of that class of bonds " (Series B) to provide for the liquidation of the floating " debt same time reduce the rate of interest " on their securities." The position of the Class B bonds as respects the company's income may be roughly outlined as follows. According to the 1885 report the year closed and with a at the deficit of 663 of this $465,886, but pointed out that $345,- it is Lines East of Pittsburg. 1886. March. Gross earniDRB Operat'K expenses. 3,901,855 3,835,374 4,002.627 2,598,075 2,474,285 2,598,076 1,805,780 1,161.109 1,404.551 -28,769 -84,208 Net earnings... Western lines Result that the company half-cash interest fell was $120,823 that much on the bonds perhaps be added that this short of April, as made The esti- yesterday,) are about new plan for the reorganization of outlines of & have also been published Pacific a this week. now than unnecessary to say more of this plan just has not been favorably received. securities held for Central off as New The 2,496,491 1,455,427 1,415,802 1,799,228- ( -96,039 -H53.386 1,308,512 1,608,793 3,524,925 2,982.172 -332,195 —352,310 +276,840 Hegnlt 3,286.502 2,646,977 earnings.. WeOc enddiD AprU +45,183 +374,421 2,173,847 1,460,985 4.283,179 3,569,689 4,164,191 -12,286 +920,650 3.342,956 3.557,408 JtecHvedby SMpped bv N. T. Banla. N. r. Banla. 30, 1886. Cnrrency.. 5.084.84 sale of the It is that it Reading Jersey floating debt came Total gold and legal tenders.. 1300,000 Gain.. J70O,0OO tl ,000,000 t30n,ooo Gain.. {700.000 The above shows the actual changes in the bank holdings of gold and currency caused by this movement to and from the interior. In addition to that movement the banks have lost $1,000,000 through the operations of the Sub-Treasury and $1,271,000 more by exports of gold. Adding these items to the above, we have the following, which should indicate the total loss to the New York Clearing House banks of gold and currency for the week covered by the bank statement to be issued to-day. announced, but was hardly an unqualified success. The firsts series fives brought pretty good prices (above the market), but the two million seconds were withdrawn, because the bids were not satisfactory. Mr. Wharton Set Inttrtor Movement, Qold the actual $61,000 ahead of that year. Texas 2,733,953 3,844,304 2,045,07* It two months and the company's March and for 3,912.293 t —258,428 arrived at after is operations; in 1886 net earnings so far (taking mate 4.189.880 The following statement, made up from returns col-'^ meeting the lected by us, shows the week's receipts and shipments of gold and currency by the New York banks. should $124,739 of interest on But those figures relate to the 1885 figures for the first 1S81. t 1,879,011 allowing for the payment of the floating debt. 1882. —in other words, in question. deficit t $ 1888. 1884. Weatem lines taxes, &c.,) not properly belonging to the year's accounts, so that the actual deficit 1885. Jan. 1 to April 1. Gross earnings 10,872,886 9,988,596 11,003,893 11,830,952 10.592,381 10,129,133 Operat'g expenses. 7,347,941 7,008,424 7,308,327 7,567,773 7.022,675 5,964,942 Net (back of charges was on account deficit 1885, only $26,769, but in all the years preceding 1884 there had been a surplus. Here are the figures for both Eastern and Western lines for six years. Week eiuUng AprU Into Banla. 30, 1886. OutofBanJa. Net Change in Sank HoUUntit, Banks* Interior Movement, as above Sab-Treas. oper. and gold exports »1 ,000,000 . 5,200,000 7,471,000 Gain.. 1700.000 Loss.. 2,271,000 Totol gold and legal tenders. .. 18.200,000 »7.77'.,000 Los8..tl.571,000 Barker of Philadelphia secured all the firsts ($1,000,000), and rumor has been busy of course in discovering a reason for the purchase, which now gives him and those he repre- The Bank tsoo.ooo England lost £60,145 bulhon during the week. This represents £45,000 received from abroad and £105,145 sent to the interior. The Bank of France gained 7,548,000 francs gold and 2,388,000 francs silver, sents a large majority of that class of bonds. Mr. Barker and the Bank of Germany, since the last report, increased is not friendly to Mr. Gowen, so it can hardly be claimed The following indicates the amount of 863,000 marks. that the purchase was in the Gowen interest, and though bullion in the principal European backs this week and at he is apparently opposed to the syndicate scheme, there a general belief is of the corresponding date last year. sooner or later he will be found working in harmony with their plans for Mr. Barker that April 29, 1886. AprU aoid. Silver. Sold. Silver. * M a. A 30, 1885. ; would obviously be a bold man if he has invested so much more money just for the purpose of keeping Reading in a state of chaos. Trunk line earnings, so far as reported, continue very The returns satisfactory. for March and the Pennsylvania have come in of both the Erie week, and both show considerable gains over the corresponding month of the previous year. The statement of the Erie is particularly recording a gain of good, $155,218 in net, this $224,698 in gross and It must not be supposed, showed a decline a year the Pennsylvania, then 1884 of $306,727. of is $151,509, (when In 21.402.462 ^,878,247 52,137,848 44,824,802 42,126,946 42.526,216 18,166,359 16,109,791 12,734,100 15,563,900 Total this week ..-. Total previous week 91,706,669 60,934,593 >1,739,293 58,090,lie 91.441,484 60,818.320 80,411,209 58,027,726 The Assay Office ] laid $240 ,967 thro Igh the S ub-Treasury for domestic bul lion durin g the wee! i, and the Assistant Treasurer received tlle followi Qg from t le Custoin House Ooninsung of— the total of the net being $519,354 this year, against $364,137 in 1885, an increase of over 40 per cent. Sank of England Bank of France Bank of Germany the fact, ago, as either, was the case with in reality there was a gain making the gain over the year results however were very bad) present net Dulie*. that the road for the Dau. is the largest any March since 1881. Evidently the Erie road doing well under Mr. King's management. The Apr. 23. " " " " " 24 26 27. 28. 29. Total $230,888 457,673 416,809 446,120 310,074 286,156 26 77 10 24 14 64 $2,177,782 15 U.S. Gold Silver Oer- Jfotet. Oertiflc's. Hficata. $143,000 331,000 317,000 290,000 268,000 219,000 $31,000 72.000 52,000 95,000 23,000 $51,000 47,000 41,000 57,000 46,000 40,000 $28,000 $1,568,000 $203,000 $Z82,00O $4,500 7,000 5,500 3,000 5,000 3,000 •20,000 Included in the above payments were $8,000 in silver coin, chiefly standard dollars. — Ma-x 1, THE CHRONICLE. 1886. J 531 able to bear such a tax; bat the figaret above give tu 10 BRITISH AMERICAN CATTLE COMPANIKS. percent as the extreme rate of dividends in 188.5, and do not that reached by only one company, another having paid appear to offer the same tempting returns as was the case the same rate but the time covering 13 months; of the when such undertakings first became prominent at least other nine companies, one paid 7 per cent, one G, two 6, they do not where prosecuted in the shape of stock com- one 4, and four paid nothing at all. panies, and the results by them would seem to offer a fair When the investment of foreign capital in this industry criterion of the results of other investments of the same first began, and the outlook appeared brilliant, anxiety British investments in American cattle- raising — class. It is somewhat get accurate informa- difficult to regard to this subject, but the Dundee Advertiser of a recent date had an article on the same, based on tion with a compilation prepared by the well-known firm of stockbrokers, ^ressrs. Andrew Ogilvie & Company, of Dundee, much was expressed in some quarters lest the movement might assume alarming proportions and the lands of the United Slates pass into foreign ownership, reproducing or at least suggesting an evil which has caused so For obvious reasons Ireland. much irritation in that condition could not in and valuable any degree be reproduced here; but aside from that fact and position of the lead- the above figures show how very slight ground for any ing British American Cattle companies. such apprehensions there need be, the laws of trade and The growth of these companies extends over a compara- competition applying effective safeguards against any tively short period of years, the oldest of them, the Prairie excessive or dangerous tendency. As bearing upon the which we are informed was same point also it may be well to remark that while the Cattle Company of Edinburgh the first of such associations formed in Great Britain total herd of the eleven companies given, as already stated, Scotland, which contains interesting matter as to the present standing — dating back only five years. At that time the inducements to engage in such ventures must have been great, for we is head, the only 672,013 United total States, according to number of cattle in the an estimate made a year ago notice that the dividends paid by the company named by Mr. Joseph Nimmo, is about 50 millions (49,417,782 amounted in 1883 to no less than 20| per cent, while now was Mr. Nimmo's figure), making it evident how far from After that, for two years only 10 per cent has been paid. a formidable proportion of the whole foreign companies at and whereas rapidly, the present control. very were formed other companies capital of the Prairie Company, as at present, is £585,822, But perhaps it may be thought that the influences that of the eleven companies in Messrs. Ogilvie's table is £3,947,089, besides which there are a few minor comIn other words, the joint stock panies not reported on. United States cattle represents over 20 The eleven companies in question have a million dollars. total herd of 672,013 head, and the lands owned and leased capital invested in by them amount to 3,319,072 acres. responsible for the diminution of profits are only tempor- ary in character. correct for all We hardly think such a view would bo The or even the most of them. President Cleveland in ordering the cattle Indian Territory, and also men compelling the action of out of the removal of enclosures from public lands everywhere, so far as its Following are some effect was to compel owners to sell their cattle and thus of the leading particulars from Messrs. Ogilvie's compila- for the time being glutted the market was of course an tion as relates to each of the eleven companies. adverse factor wholly transient in nature, but really its BRITISH-AMERICAN CATTLE COMPANIES. influence in that way we presume was very slight. A much more important result of the President's action was in obliging many owners to pay for their grass, instead of Dividends, Capital. ;$<>IM. yet average per luad Dc6<n„,. Ordin'rv Herd. yearsand pref«rr'd share upwards. capital. stock. 1884. effects £ 10 6 121.094 125,000, 10 164,289 Powder River 48,625 3101 3501 +100,000 36,4eu 30 Sb 35 15 «100,000 Western Land 13,50o| 28 33'32 22 Cattle Ranchc 105,600 Western Rancbes.,.; 18,050 ,37 8i;3213 172.050| . 200,000' 6 6. Teias Matador Hansford Arkansas 7. Pastoral 8. 9. aicooo 10 Swan 10. 24 5l|2a97 20H 8. 6. 291,767 288,340 106,32-.! 94,441 j S7,7»l 24 40|30 23 24,315 26 75|-28 15 200,000 •17,594 45,885| 27 72 33 09 1 ; | 11. P.Ct. P.Ct. P.Ct. 294,055 461,660 240,000 300,000 209,740 2. 4. 124J812 24 5'; 33 75 123,480 36 62 45 27 £ ToUl ....i 1,6.32,584 1672,013^ 9 10 12« e 8 6 6 7 7 nU. 8 4 nU. nlL 100,000 100,000 112,000 15 nil. 7b 5 S nil. lOA nil. 4 2,314,505 10 per cent pref. A. Di\l; 5 per cent pref. dond for thirteen months. B. Dividend of 7 per cent per annum, spread over twenty-two montlis. * Loans. t These details are interesting in showing that much the same forces must have been at work in all the companies —that is, they suffered all from a common cause. fact of course is the great reduction in dividends that shown two all years. With two to have occurred during the last exceptions, dividends in 1885 were smaller than in the previous year, and also smaller than in.l883, compared with which year indeed the reduction has been in almost every case very considerable. The and bearing in mind In our on the rates of money at leading cities a few weeks rate of retvfrn now the character of article is not at all though a minor one, that operated against the 1885 profits was that the yield of calves was not up to that of the previous year, only two companies having raised more, the total brand of the eleven companies for 1885 being 116,319 If against 126,500 for 1884, a decrease of 10,181 calves. we would know the main reason however for the decline we have only to look at the two columns above showing the amount realized per head of steers in Almost all the companies 1885, as compared with 1884. show a decline in the selling price of the steers, and the in dividends, decline much is as, very heavy, and too, amounting in some cases to as over, nine dollars a head. decline is so general suggests a common The for all the companies, and this common most noteworthy is it free, that far as 1885. 1884. 1. Prairie causing an increase of expenses, and so was the case we may suppose the adverse Another influence, more or less permanent. obtaining Itotol /or.t«<'rs3,„,.„ large, the business, seems very low. The fact that the depressing cause cause no doubt is found in the circumstance that the large profits formerly made in the business invited competition on a scale that down prices and profits alike, one consequence of the foreign investment in the industry thus being that our has cut people are getting cheaper beef. observe that the unfavorable results noted have been produced notwithstanding special inducements in some cases to make them otherwise. Thus the It is interesting to Manager and Ranch Superintendent of of the per cent MaUdor are on net the ago we pointed out that at Kansas City the cost for discounting cattle paper ranged all the way from 10 to 18 each entitled to one-third profits earned during the per cent, which encourages the idea of heavy profits to per cent per 1887, provided these profits are equal to 20 is put premium words a other In capital. annum on the the owners of the ranges or the business would not be five 7 years ending November, THE CHRONICLE. 532 [Vol. XLII. were one of the causes of increase. We do not forget that a year ago the March return recorded a large falling only 7 per off, but that was simply because the 1884 figures had been not do circumstances that therefore clear It is in 1883. swelled to unusual proportions by the Coeur d'Alene gold returns. larger favor excitement, and that influence not existing in 1885 earnings Hence the gain now dropped back to their normal level. Nevertheless, the Matador paid and 8 per cent on good management. cent in 1885, 6 per cent in 1884, HOW THE NORTHERN PACIFIC IS DOING. is not to be considered as merely a recovery of part of the Canadian Pacific route previous year's loss, but may fairly be taken as indicating to the Pacific and reports that rates on trans-Continental a natural growth of business. One effect of the improved earnings is that notwithbusiness have again become demoralized, invest any figures bearing on the Northern Pacific's current affairs with in- standing the increase in charges, the company shows a There is a disposition in some quarters decidedly smaller deficit in meeting the same than in creased interest. In fact, the statement is very encouraging to look upon the opening of the Canadian road as an event March, 1885. The prospective opening of the fraught with serious consequences to the Northern Pacific, indeed in that respect. Thus the deficiency amounts to but there seems to be very little ground for such opinion. only $97,273 this year, against as much as $232,740 last The new road is likely to become a factor on through year. Kemembering that the deficit in February was Pacific business, but that business (considering the in- $295,005, and in January $430,274, it will be understood creased number of competitors sharing in it) is no longer that the change for the better is quite marked. January, of any great consequence, and, as regards the rates realit is hardly the most desirable kind of ized on the same, traffic to have. —not It is the local business that is important necessarily carried short distances^ but supplied by local tributaries or contiguous to the line of road, and which in most cases is carried very long distances before finding a distributing market ; it is this kind of system, and there the traffic new road that is is from the first so far removed from recognized the need and importance of an adequate system of branches, and thus have occupied a good deal of territory to the great disadvantage of all future rivals, and in this way, in some measure at least, protected their system against intru. Mr. Villard understood full well sion from new comers. the benefits to result from such a policy, and as the company at that time did not have the means to carry on the work itself, the Oregon Trans-Contmental was organ, But the ized with that as one of the main ends in view. new management has been no much greater than a year ago, as the following statement of the figures in the less alive in that particular, two by months, years, January. NorOiern show. will March. Febritary. Paciftc. 1886. 1885. 1888. 1885. 1886. the support of the the old one that competition, for a long time to come, is Moreover, the Northern Pacific out of the question. people have February and ilarch are never good months for this road, though there is usually an improvement from month to month, but that improvement this year has been very 1885, $ t Gross earnings Operat*g expenses. 480,330 450,278 553,682 440,574 594,240 411.533 569,064 401,955 858,116 449,054 691,612 454,474 Net earnings... 30,052 460,326 113,008 382,524 182,708 477,713 168,009 443,625 409,062 506,835 237,188 469,878 Fixed charges Snrplus (If.97,27S fi/.282,740 (i/.430,274 «/.269,616 (i/.295,005 d.f.275,616 Adding the three months together, we find that gross earnings have increased 8117,000, and net $103,000, but that owing deficit for to an increase of $148,000 in the charges the 1886 was somewhat larger than in 1885, or $822,552, against $777,873. years, but that is The large in both deficit is without significance, since, as said, it is It may be and peculiar to the season of year. asked, however, in what position that leaves the company on the operations of the nine months of the fiscal year beginning with the 1st of last July. To answer that usual and additional branches have been projected as needed, question, we present the following statement, giving the some of which are even now in process of construction. results (as previously published by us) for the six months As the need for branches has thus been so carefully looked ended December 31, for the three months ended March 31, after, it is well to note that the reports about the condiand for the two periods combined. tion of the crops in the district tributary to the system are unusually flattering, both at the Oregon end and the Minnesota end, making the promise for the business of future months very bright. Proof of the importance of the local traffic is afforded by 6 mos. end. Dec.ai, 8 moa. iitdJichSl.l Korflwrn Total 9 months. Pacific- 1885. 1 1884. 1886. 1883. 1 1885-88. 1884-85. « $ « l!,748,270:6,627,7I9 1,933,6361,815.158 8.075,956 8,442,877 3,102,2S9'3,266,ir.0 l,310,8tS4 1.2H7,008|4,413,153 4,565,153 « Gross earnings Operating c-cpenses ' i j 3,640,981 3,359.5«9l K-21,8i2 518,153l4.36i,803 8,877,724 Net earnings month of March, S,010,0U 2.860.2831 1,444,374 l.«96,03S|l.4.54,385 3,058,311 Fixed charges just issued. During the whole of that month the war between +78,587 '630,9701 •899,2i«l +822,5531 +777,873! +191,682 ... Remainder.... the Trans-Continental roads was carried on with great bit• Surplus. + Deficiency. terness, and though the Northern Pacific was not one of Here we see that while net earnings for the nine months had meet the rate to the chief contestants, yet it to San were nearly $400,000 greater than in the corresponding Francisco by an equal rate to Portland. Notwithstanding period of the year preceding, owing to the increase in these low rates, however, the March earnings this year charges the deficit is heavier than in that year, standing But that is really a very show an increase over those of the preceding year of at $191,582, against $78,587. $166,504, and about $150,000 of the gain was in freight. satisfactory showing, all things considering. The remaining the return of gross and net earnings for the It may be claimed that the lower rates stimulated the business and thus increased earnings. But if the through three months cover a pretty good period ; they succeeded in the previous fiscal year in converting the deficit for the margin of nine months into a small surplus, and though the deficit is profit at the rates prevailing must have been very small, larger now should do the same again the present year. and very likely was next to nothing, any gain in earnings As to other operations of the company during the three would be accompanied by an equally heavy increase in and nine months, there has been some reduction of the expenses, whereas actually the expenses have fallen off, funded debt since the first of the year, owing to the operleaving the gain in net $171,924, which therefore would ation of the sinking funds, and the preferred stock has seem to be pretty strong evidence that the increase was also undergone a further slight diminution. Here are the traffic was the source of gain, then since the but came from local figures at four different periods since a year ago the T'robably large shipments of stock eastward of last January. not brought about in that way, business. , firsts J — May il mount 688 Avr.l.\a» J'an.t.lDMi/ulyl.lHHS Jan. 1, 1880 Outatafutlng. Osnerslflrat muriK*<*l>ondJ Gftnora) second iiiurtKaiE« bonds...- and Pond d'Ursllle DIT... Dividend oertiaoaUM Mo. . THE CHRONICLE. l«8e.J 1. .. I>lT. Total funded debt 1st mortgajte bonds purohued for sinking fund e * I 44.088.000 44,0«8,000 48,408,000 40,008,000 IS.flbT.OOO 18,807.000 18,807.000 0,878,000 B,4S8,M0 4.040,Sn 4,640,881 0,478,000 4,040,881 18.807,000 6,600,400 4,a«0,8>l 78,874,881 08,001,981 806,000 818,000 78,884.881; 7»,00B.881 08,166,881 4,880.008 4,178,173 78,940,881 73,904,891 QenonU Remainder 480,000 880.000, 78,488,881 Annual Interest on same 4.866,000 4,848,080 Uatlroad Bloekt— New York Oentral A Had. RIt. Erie IV. Y. L. E. A W.) LakeSbore A Mlob. Boutluini. Mlohlgsn Oentral OuaMO Rook Island A Paoifio DUbou Oentral OhiMAO A Northweatera, com Ohloago MUw, A St. Panl, com Delaware I>aok. Oentral of A Western 1884. 1880. 1886. iian* 18i« »a>« 80>« 100% 23% U'S 83 118>t 118>4 126 127 136 138% 106% iia% 06% 70% 82% 118% 70% . . New Jeraejr 78% 64% 09 62 >a 8>% 106% 123% Stf^a «7% JfereAamiMe Ootton, MIddl'g Uplands. « ft 11^ 1011 1« B*lf Wool, American XX 33*40 32»34 V ft 33*36 Iron, AiiKir. pig, No. l..f ton, 20 50921 50 18 00*18 50 18 00*10 80 Stfel rall.i iit inillH 33 00 27 00 34 50*36 00 Wlieut, No. 2 rod win.y busb lOO^g 1 03>«9l 04 01 SOS Com, West. lulx.No. 2 V bush. 61\962% 58 •58% 45%*47 Pork, mess 18 SO V bbl. 13 00 10 26 Petroleum pipe Une oertlflc'a 98% 70% 73% ! Preferred stock SuppUos on band The preferred the stock sales, 88,806,708 88,010,084 88.200,604 1,888.888 1,308,080 1,413,0B7 i.nTi,8e» of courae, stock, proceeds of land 88,807,178 and now outstanding will it is is be seen that the total of . CLOBIKO PRICES OF aOVEBNHENT BECOBITUM tK only $38,207,172, and that months since January in the fifteen reduced out of the 1 1885, a reduction 1, 4f, of over a million dollars has been eSected. AprU. X 126% 2 FINANCIAL REVIEW OF APRIL. The month of April was excessively dull at all the Exchanges, and wheat, corn, cotton, provisions, petroleum and stocks were all notable for their sluggish tone and opt'n Our., 1891, 1907, coup. coup. 1 3 4 125''8 5 112% 12578 126% 112% 126% 126% 126% if. 8. 1898, reg. reg. 8 9 10 April. Ovir., 1891, 1007, enup. coup. 1808, rtg. rtg. 10 X.... 20 186% 126% 21 22 23 ..8... 6 7 1886. Ai-BIL, at, 24 25 26 27 100% "udu 12^% . 112% .. . i26% idi% 28 volume of business. .8... 11 29 126>4 12 30.... 126% 101% The railroad strikes on the Missouri Pacific at East 13 126% 14 Shore switchmen at 15 St. Louis, and among the Lake 126% Open 112% Z26% xOO^g 112% 16 112% 126% 101% BiKh Chicago, had a bad effect in checking business and 17 126% Low 112% 126 7g 100% ..S... Clos 18 112% 126% 101% capitalists and investors, among confidence destroying while the strikes on the Third Avenue Railroad, and at the The following table will show the lowest, highest and sugar refineries and other manufacturing establishments, closing prices of railway and miscellaneous stocks at the also contributed to increase this distrust and to make all New York Stock Exchange during the months of parties careful about entering into engagements for new March and April. relatively small work requiring the employment of labor. The money market had no special feature BANOE OF STOCKS IN HABOH AHD AFBIL. ; rates for Oblo. Mil. & was sold in foreclosure April The Virginia Midland Railroad was leased to the 26. Richmond k Danville, and negotiations were pending for retiring the Richmond & Danville debentures, and making "Wabash St. Louis a closer alliance Terminal Company, Do Pacific with the Richmond & West Point which caused a large advance in all the securities of these companies. Chlo. A & St. Low- High- Closing Low- HigK- Paul. Northwest. Do .. pref. & Rook Island Chic. Chlo. 8t. L. & Pittsb. prefDo Ohlo. St.P. Minn.<feO. pref. Do CiD. Hamll. ,& Day ton Cln. Ind.St. L. &Ch. Cin. San. AClev Ind. Clev. Col. Cin. Clev. Pittsb., guar. Col. &, Greenv., pref. Col. Hock.Val. & Tol. Del. l,aok. <fc West'm. . •12 32 39% 103% 3 6% cSt <fe OS OB ABOCT MAT 1, 1884, 1885 AND 1886. York City Sankt— Loans and (uaoounta 1885. 1886. iTeio Bpeole Circulation Net deposlta Ixjgal tenders Legal reserve Reserre beld 343,355,500 298,343,700 351,542,800 74,742,300 58,'215,30O 109,958,400 10,910,800 7,911,400 14,493,800 335,684,000 356,816,701' 375,197,800 28,1'.J5,500 32,388,200 32,380,700 83.921,000 89,204,175 93,799,450 86,340,800 142,346,60* 107,123,000 „ Surplus reserve $ Uotieu, Exchange, Silver— Callloans Prime paper, sixty days Silver in Ix>ndon, per oz Prime sterling bills, 60 days. United Slates Boiuls 38, registered, option U. 8 ... 68, currency, 1898 — 4iss, 18<J1, JK of 1907, coupon coupon 2,419,800 233 434>« 50l3i(,d. 4 88 53,142,425 1«1I< 3>s®4>a 50d. I86I4 & Lake Erie & LakeSbore Long Island Louisville 12% 86% 92 41% & Chlo 75 ®3 Mtelilgan Central Milw. 8h. & West. 30 pref. "5S . U Do Do Mo. Kans. <b St. L.. 19% pref. *48 28 % & Texas 100 2i 136 102% 134 101 135 113^ 123% 112»8 112% Mobile A Ohio Morris A Essex I2r^ 126>4 -"Frloes bid. 9 13 10 143 li55 13 11 34 *27 41% 39 101 142 160 135% 131% 89% 85% 121 118 29% 37% 31 42% t32 38% 100% 104% 101% 117 79% 80 35 18% •is" 55 47% 43% 39% 9 11% 18% 14 13% 10 109% 105% 140% *135% 127% 125 10% 11% '10% 2% 3% 6% "2% 6% 125 84 1% . . 80 213% 220 25 138 31 7 7 '26 8% 79% 88% 33% •3% so" "s'e" '80% 28 5% 32 125 18 33 64% 33 60% 16% 40% 25% 12% 12% 88% 94% 43% 82% 90% 39% 38 \ Prioos asked. 33 5129% 5128% 21% 37% 75 40 68 20% 49% 29%~ 111 11 78% 89% 34% 33% 126 17% 21 67% 66% 17% 43 28% 19 13% 11% 83% 78% 5-9% 40% 34% 39% •33 93 129 19 32 54 83 12 22% 49-« 29% 107 13% 138% 142 t Rx-.tlvldead. 21% 26 40 17% 42% 23% •07 5% b9% 68 10 10% 28 62% 5106% 102% *12 1% 5% 142% 139% 137% 140% •99 100 99 99% 100 21% 28% 24% 21% 26% 109% 5100% 14% 14% *11 136% 139% Missouri Paoltio 3 3% 26 ANashv.. MloneapoUs 142 13 47% 38% 10 13,323,550 46»i8 4 87>8 143 160 11% 17% 13% 12 17 13% 10% 10 213% 213% 215 127 % 3>s35 14 49 41 63% 37% 12% Manhattan, cousol. If anhattan Beach Co Memphis A Cba'ston 2 57% 43% 11% 19% 66% 40% •12 19 7% •97 70% 66% "64% 41% 37% 23''8 *217 . 20 104% 97 105% 105% S% pref West.... Loulsv. N. A. 67% 44% 14% 8% 100 20 Moines De.^ 96 70 99 70 144 86 79 &W Do 7% ...... St. P. 132 it. Tex. Cent.. 4140 Central L'sed Line4p.o 27 Indiana Bl. Keok. 85% -s Otot'g Apr. 30. 21 81 Illinois Do 143 9% est. 5 16 78 Houst. 1884. 144 93 ett. *53% . STATIBTICAL SlTUMABr Mar. 31. 47% 47% 46% 54 43% 55 151 151 150 152 52 43 42 42 35 29 38% 32% 29 35% 27 122% 133% 128% 5123% 5128% 5123% 127 15 16% 16 15 16% 22 25 21% 24% 22 60% 61% 60% 67 66 & Green B. Wln.& Harlem 9% 26% 35% 79 34 firm, and a very limited was exported during the month. amount Denver & K. Grande Do assiu't paid.. The following summary shows the condition of the New Dubuque & Sioux C Ga. York City Clearing-Hoase banks, rates of foreign exchange East Tenu. Va. &pref. DO and prices of leading securities and articles of merchan- Eliza. Lex. & BigS.. EvansvlUe T. H... Denv. C. Ft. Worth dise, about the 1st of May, 1884, 1885 and 1886. of gold t»l. 137% 133'4 131 93=8 588% 85% gi'^R 5S57a '123% §118% 125 5119% 118 103% 104% 110% 107% 105% 141% §135% 142 •5138% 137% 125 129% 51241s 130 5126 pref. & Foreign exchange was dull "and — April. ifarcA. Closing advanced slightly at one time, but afterwards Feb. 27. est. RAILBOADS. Albany &8usiiueli'a. 143 137% weakened and were quoted at 1-J@3 per cent. 90=8 Atchison Top.& 8. Fe 7''8 Atlantic & Pacitlc... 7% The Stock Exchange markets were remarkably dull, Bo8t.& N.Y.Air L. pf. 97 Burl. Cedar K. & No. "70 66 as above stated, and prices generally tended towards Canadian Pacitlc 63% 63% Canada Southern 43% 36^ lower figures. There was little to create any interest in Cedar FiiUs & Minn. 14 12% •17 13 Central lowii sustained, taking into considwere well stocks, and prices Central of N. Jersey. 54% 46% S8 Central Pacitio 42% There against the market. circumstances all the eration •10% 10 Ches & Ohio *19 14% Do 1 St pref were some important combinations made, among which 10% Do 2d pref. *13% 142 140 the most notable was the absorption of the Gulf Colorado Ohloago & Alton 154 pref. *155 Do & Santa Fe by the Atchison Topeka & Santa Fe. The Chic. Burl. * Quincy. 137% 129% call loans 127 •j£" 62% •44 76% 17% 43 23% 103 •11 2 .. THE CHRONICLE. 534 -March. Closing Railroads. A Nasliv. Chatt. Feb. 27. *17 8t. L. Do el's 37 % *)8% 1713 20ie 'is'ia' 7 14 6 ^4 8% •7 2178 IOI4 281a 2514 27% . Do 21% pref... & Western.. Norfolk Do pref... Uorthem Paolflo pref. Do Do Borne Water. & Ogd.. 8t. L. Alton & T. H.. pref. pref. Ist pref. •10214 ADuluth Do 4118 pref. Paul Minn. & Man BclotoValley South Carolina RR Southern Pa( iflo Co Texas &Faciflo Union Pacidc Virginia Jlidland Bt. Wab. St. L. Do 23i« •108 118 22 S2>a 2778 22% 22 1121a 1214 49 pref. IS-'e & Mer. Tel. 7319 14% 22 31 25 20 >3 2OI4 26 150 IIG 163 32I3 5 '314 IS I214 47% 16 16 Ilia 1713 21 35 35 20 44 14 2^ 11713 New Central 13% 12 Coal... Ontario Silver Min.. •6I9 Min I5I4 19 35 40 40 2ifl .... 219 115 tt7»8 148 145 108 I45I4 14S 105 63 120 65 125 "6218 «118 16% 24% 17ia 2713 'lOia *10ia 6I3 22 38 •4 . •2014 2218 50 42 '62 *120 I4I4 16% 2568 23 181a 978 23 19 10 11 29 29 181a 12 1313 21 11 63 ^144 1061a *105 21% ^26 23 GOLD AND SILVER— COIN AND BULLION. 1386. -E.xport8— Gold— Uom. . $8,697,173 $l4,7»5,2.il Foreign 1,223,53 3,3-51,513 Total $9,920,761 $18,156,744 Silver— Dom $1,481,434 $5,107,050 Foreign. 863,155 2,!36.932 Total $2,344,539 $7,244,002 Total exports $12,265,350 $23,400,748 $340,337 Imports— Gold $3,532,562 Silver 1,760,376 3,930,024 Total $^,600,713 $7,462,586 Excess of exports over imports $9,664,637 $17,938,160 Excess of imports over exports 1835.— Exports— Gold— Dom. $192,199 $453,936 640,883 3,461,300 Foreign $833,08^ $3,915,2a6 Total.... Silver- Dom $1,792,262 $5,343,743 1,326,57" Foreign 2,511,205 Total $3,113,839 $7,854,948 Total exports $3,951,921 111,770,184 Imports— Gold $1,756,597 $5,719,435 Silver 1,835.906 3.933,055 Total $3,39Z,3U3 $9,632,540 ExoesA of exports over imports $359,418 $2,117,614 Excess of imports over exports 40 7% 49% •61a I6I4 ^OH 621s 61a •22 pref. 411a I214 52 30 115 119 23 17 11 10 §112% 48 21 7 567 124 2318 38% "ii" 73>a 66 124 Homestake Mining.. Maryland Coal 9lB 2H IO614 14% •18 58 1121a •109 714 35 115 25 36 189 '99 103 67 33% •17 6i & Iron Consolidatiun Coal.. •313 5314 9413 38% 38 14 13 5lie '.il. | . 28I3 10% *65 Colorado Coal 161 •ios" " 51I3 S2i4 6618 lllia •1071a 109 11858 5112 105^ 104% Cameron Coal 14% 2078 41% 101 3314 145 55 "2118 146 "65 181a 101 March $20,3S8,*J5 .5,270,290 i 271a 23 »8 20 13 " 42% 1 '31. $i9,994,732 $181,795,305 $72S, 151,984 Foreign 1,403.484 4,075.h67 15,6 3 9,029 Total $51,39a,-.6b $183,871,2 >2i$7 13,79 1,013 Imports 52,976,345 13 7,223,149 59P,202,f:55 Excess of exports over imports $l8,6i6,123|$147,583,353 Excess of imports over exports 1,578,079 6I3 19 10 "2718 3II3 36 92 45 103 13 For the 12 end cit\ Month s e}ulcd the 3 March 1383.—Exports— Domestic "le" 41a "30 148 & Hud. Canal. N. Y. Texas Land Co 113 2414 1713 106 Adams Del. 58% 118 2118 7713 2713 United States Wells, Fargo & Co.... Coal and Miniso. Do 261a M614I3 American Tenn, Coal & Iron... Variods. Canton Company.... Consolidated Gas Co. 1078 30% 26^8 11 4414 56278 54 33 18 22 30 14 30 115 6II3 3713 5 15 9 •2 la Co.. 2314 80 36 21I3 105% 26% 23 2713 2313 54^8 94 97% 40% 12 li'6ia 7% 19 9 31 51a 16 1061a 181a 61a 441a For Monthft March. 210 I214 9^ Quicksilver 33% 24I4 31 130 140 163 91a & Pacific. Commercial Tel. Mexican Tel. Co Western Union Express. 1514 26 13ifl Telkoraph. American Dist. Tel.. Bankers' 54 209 16 56 2 £Cia 1714 l^a 22 • Francisco. Do Do 10 14 22 25 »20% 16 24»8 23 148 140 161 *5 5 75 30 34% 4 *3>a •29 25 *40 39 •90 94 •21:3 IS 42 •451a Blchmou(l& West Ft. Eoohester & Pittsb.. 8. 53 la 27 60 17^ Bensselaer <& Sar Bloh.&Al.st'k, tr. ct. Klchmond & Dauvllle & 29% *20 31 14 special Do 23% 2.5 "s l^s Peo. Decat. iE'vUle. PhUa. & Reading.... Pitt«b.Ft.W.&C.gnar tiOia 34 14 *3 *24i4 . 64 3778 29 58 Ohio Central Ohio & Mississippi... Ohio Southern Oregon Short Line Oregon & Trana-Con. 28% 20^4 8 773 23 18 211 210 26H8 26I9 For the mon'h of 471a 12 105 107 ' 103% 100% 513 7=8 18% pref. . Bt.P. SM 419 [Vol. XLII. Low- High- Olos'g est. Apr. 30 est. 4314 100>a *4ft S10238 & New Engl'd. N.Y.N.H. AHartfrd N.Y. Ontario*; W... N Y. Susq. & West Bt. L. 49 107 12 19 10418 23»8 57 301a A)o H. Y. est. 8 "4 *18 pref. & West Y. Lake Erie & W. ». Y. Lack. -April. . High.' Closing Mat: 31. ell. Loic- 46 105 'a §9388 N. Y. Cent. & Hud. K. N. Y.Clilc. & St.Louis. N. 1 .. . 1578 22I4 $25,6.58,745 $18,134,375 14,533,221 $32,669,596 $58,328,311 $31,458,338 17,769,687 $39,228,075 $19,100,236 $22,816,072 6,258,352 $29,074,424 $19,098,518 11,5S1,U63 $30,660,481 .$59,734,905 $31,326,224 16,194,868 $48,02 l,09i $11,713,813 TOTAL MERCHANDISE AND COIN AND BULLION. 1886.— Exports— Domestic $62,053,321 Foreign 3,302,337 Total 5^5,955,658 Imports 62,638,340 Excess of exports over imports $3,317,318 Excess of imports over exports 1885,— Exports— Domestic ... $51,979,24? Foreign 3,370,944 Total $55.35U,lB7 Imports 56,568,848 Excess of exports over imports $.. Excess of imports over exports 1,218,6(51 The following statement has $180,124,911 $1390,543,661 8,854,199 33,741, .570 $183,979,140 $724,285,231 171,597,732 634,006,745 $17,331,4U« $70,273,486 $187,592,984 $770,066,574 10,048,472 33.459,344 $197,641,456 $803,525,918 146,877. Han 644,223,747 $5y,7o3,767|$ 159,302,171 also been issued, showing, by principal customs districts, the values of merchandise imported into, and exported from, the United States during the month of March, 1886, and during the nine months ended with March in both 1886 and 1885; also the total stock of goods remaining in the United States warehouses at the end of the III4 '22" 461a period. 5913 109 14 5102 106% 9314 5978 1101a 1061a llOifi 93 96% 101% 155 Oregon Iraprov. Co 23ia §9318 Oreg'n R'y & Nav.Co. 103 Pacific Mail 51^8 49 Pullman Palace Car. 133ia 129 • Prices bid. I Prices asked. 23% 3113 104 §9778 5II3 53I4 134 § 132 201a 95 51% 131 94i« 11018 1021a 97 180 23=8 101 '8 P8I4 133 9714 Customs Districts AND Forts. 51% Ex-dividend. 1886. } monttis endiru] March Imports. Exports. 1886. 81. 9 montlis ending Marcli 31. 1885. 1886. t t 1885. I 132 bankers' STBRLINO EXCHANOB (posted bates) fop. APRIL, 1886. March, i Baltimore.Md. Itangor, Me... Beaufort, S. C. i 1,278.948, 3.304,293 69,871 38,884 t 8,!32.!7S 4,017,128 79,448 93.938 88,121 11.380 45.230 I 1,828,125 36,508 8,790,287 608,835 32.612 145,2H3 664,065 t 36,832,435 133.706 510,939 41,385,285 37,772,468 3,404,983 47,236,964 381.941 8.365 4,758.285 197.011 1,848.540 B00,as2 7,870.203 738,401 236,675 651.968 912,027 262,962 189,257 66(5,137 Boston &ChiirApril. 1.... 2.... 3.... 4.... 6.... 6.... ?.... 8.... 9.... 10.... 11.... 12.... 60 De- days. mand. 4 87 4 87 4 89 4 89 4 89 4 87 8. 86i«-7 3313-9 4 89 4 89 4 87 4 87 4 87 4 87 4 87 4 89 4 89 4 89 8. 4 87 4 89 April. 60 De- days. mand. April. 13.... 14.... 15.... 16.... 17.... 18.... 19.... 43713 43913 43912 43913 25.... 26.... 27.... 23.... 29.... 30.... 4 871a 4 871a 43713 4 89>a 4 8713 8- 4 8712 4 891a De- days. mand. Brazos de Santiago. Texas. Brunswick.Ga. 4 8913 C'peVlnot.NY BuffaloCll.N.Y 8. 43713 43713 43913 Chainpl'n,N.Y 4 871a 4 89>3 4 871a 43913 43913 Chicago. 111.... Corp'8Crls.,Ti 4 871a 439111 20...-. iSTi 4 21.... 22.... 23.... 24.... 4 871a 43713 43713 43713 43913 43913 4R913 439I3 lest'n, Mass.. 60 8S)i3 Range High 43713 Low. 4 8613 4 891a 43313 Charlest'n, S.C Cuyahoga, O.. Detroit, Mich. Duluth, Minn. Galve8t'n,Tex Gpnnesse, N.Y Huron, Mich.. Key West, B'la. Miami, O Mllw'kee.Wis. Minn's'a.MiDD Mobile, Ala... New Haven, Ct New Orl'ns.La /J/P OB TS AND EXP OR TS FOB MARCH AND t OR THE THREE AND TWELVE MONTHS ENDING WITH MABCH IN 1886 AND 1885. The Bureau of Statistics has issued its detailed statement of the foreign commerce of the country for the month of March, and the three and twelve months ended with March 31, as follows NewYorli.N.Y Niagara, N.Y.. Norfolk, Va... Oregon. Greg. Oswega'le.N.Y Oswego, N.Y.. Paso del N.,Tx anrt N. M.... Passam'dyjMe PensacoIa.FIji. P'rth Amb.NJ Phlladela, Pa. Portland. Me.. PugetS'd.W'n MERCUANDISB. For the month of March. For the 3 For the 1 Months ended IfojiMs eyuied March 31. March 31. $52,474,709 $160,222,660 $652,020,361 1,21.5,599 3,355.734 13,936,059 $33.690,3<i8 $163,678,391 $665,956,920 Total Import* 60,037,627 164,135.146 614,778,670 Excess of exports over imports $51,178,280 Excess of Imports over exports 556,752 6,317,319 Foreign U6 222,614 '8».b28 47,948 »)4,333 "3,'828 36.849 77,217 2.122 19.885 1.020,289 2,274 203,387 208,408 82.628 173 3.313.302 821,424 15,139 2,U5 80.762 3,498,001 Savannah, Ga, Vermont, Vt. 61,477 452.991 29,271 4.498 Willainette,Or Wllml'g'n. Cal Wilml'g'n, N.C . 1,530,408 i'04 111,328 387,86d 2*0,994 93Y,8()7 559.589 33,177 2,393 1,774.420 118,8b8 640,779 729.540 2,093,717 10,8'- 871.379 963.426 1.850.569 4511,776 169.682 509.H' 73,800 397.479 6,418 1,192 4,200,384 233.r.2 1,828,257 876.249 7,9»5.143 507.081 499,522 1,501.536 824,564 45.868 191,052 53,095 332,856 809,408 16.293 227.06 1 1,094,151 15,0 1.5,76 1,379.844 721,789 195,257 3,11.5.321 1,578,786 16.448,250 286,772 6.014,926 286.719 45,978 19.000 723,081 2,214.737 63.006 6.140.96' 65.6.33,(105 7,481.(104 «.19.J,861 39.181.18(1 23,214,084 313,584,033 28.S.741,714 234.072,175 43.0,17 3.010.343 213,900 510 2.333,692 Va Yorktown, Va. 1886.— Exports— Domestic 64, Salurla. Tex.. San Fran., Cal. Klchraond, : 73,786 123 540,899 12,899 187,316 24,223 838,619 92,897 8,581 20,552 1 18.030 140,069 l,59i,486 4,343,383 127,503 112.4 1.439,225 4,613,6«2 8.685,041 1,209.337 2,121 1,S21,29<) 743.485 66,606 272.655 58.375 8.044.462 231,51) 399.795 119,686 13,406 25.797.171 1,140,882 660.947 18,313 S97.4M 44,143 336.381 1,544.023 512.832 90.756 125,078 14(!,688 21.335 1.3.024 3.517,886 1,946.888 124,652 627.004 211,055 277,916 45.304 151.864 20,908,252 74H.8B5 176.727 16,218 283.8."l.-< 109.232 26,786.7(17 25,669.957 525.052 411.343 4.069.092 4,447,877 263,273 276,666 les.oso 144,058 102.675 189.^29 1131,259 78,696 1.18(1.280 1,115,599 137..588 25.101,644 2.526.842 1.647.802 2.341.034 103.052 23.203.392 676.329 1,119,071 822,169 187,560 999,660 18.538,600 1,783,338 893,479 351,581 4,484.908 1,082,513 12,023,312 474.470 1,864.262 249.036 719.923 98,216 1,293,613 2,781,784 73,098 69,748,911 260,639.748 59.083 14,182.588 1,874.565 2.344.S64 1,014,648 287,247 867.652 1,460.868 68,386 27,733,719 8,245.357 2.252.292 2,522.583 347.302 80,414.002 19.434.2461 20,3,'»<.363 1.045.8011 1 ,046.073 8,45l'.574 4,561.674i 1,8S7,001| 812,673 4,06:.81W 8,945.05J 2,418,176; 7,043.890 167.6(<6 8,805.575 All other cus- toms districts and ports.. Totals 190,708 6,530,381 5,194.669 160,037,627 58,690,308 470,981,670 433,730,329 516,492.350 591,7^5.185 Remaining In warciouse March 31, 1888 Kemalulng in warehouse March 31, 1885 f28,360,786 $29,347,493 . May THE CHRONICLE 1886,] 1, BATES OF EXCUANaE AT LONDON AND ON LONDOS AT LATEST DATES. mXCBANeS AT LONDON- Apr. 10. ItaU. Tin\4. AlBBt ordain. 3 inofl. 12-2i>e aiZ-S AiustttnlHiu. SlgUt. 12 1 «12'l!^ HaniburK.. MZOHANOM ON LONDON. LattMt On- . \i luoe. iOii. •20•.^7 20.M 92057 Berlin....... Frankfort... »• !»'J0d7 l2-72'«<» 12-75 iO-.'il DaU. Timt. Apr. 15 Short. '• 13 Short. 15 15 ** . Uslion Alexandria .4 " " CODBtant'ple Bonil>ay .... Oem'd •• Calcutta New York... .... Honj? Kong. .... BbaoKhal.... 52^i»52>a Is. 5 'ad. Is. 5Tsd. — 1208 .... Apr. Apr. Apr. Apr. Apr. 15 11 12-72i«»12-75 15 .... Trieste ** 25-3(!'4ai2511i4 15 Short. Ai.r. Antwerp .. <• Apr. 15 3 luos. Bt. Petersb'/f a35Ha23>s Paris Short. 25-12'sa2517>« Apr. 18 Checks. .... Paris 3 iuo». 25-32 '«»25-37i« 25-4614 925-50 .... Genoa «. Apr. 15 3 mos. Madrid iS'ea^^ 1* 45 •'e a 15% .... Cadiz Vienna Sou. • -... Apr. Apr. Apr. Apr. .Vpr. Apr .... .... 16 3 mos. 16 rel. t'rs 16 16 80 day 8 16 4 mos. ** 16 *• • 20-13 20-43 20- J 3 1261 building duty on cottages of a rental under £H, which will co«t £16,000, and benefit some 60,000 persons. It U patisfactory to know that no fresh burdens are proposed. Coni-idering the state of trade during the past twelve months, it is not surprise ing that the revenue should not have exhibited signs of elasticity. It was expected that the financial year would yield £90,790,000, whereas the total receipts only amounted to £89,681,501, or £1,208,699 short of the estimate. The expenditure was £92,223,844 against an estimate of £93,017,171, or £1,893,327 les«. The difference of £184,028 goes to reduce the deficit of £2,827,171 and the actual , 25-19 23\ 2t>H 46-50 • -• 11081 Is. 52:':,2l. Is. 6-':i,,.jri. 4-86% 38. 3''8d. 48. 738d. rFrom oar own correspondent.] London, Saturday, April 17, 1888. Judged both commercially and financially, the past week has been entirely devoid of any striking event. The Stock Exchange, which may be accepted as, to some extent at least, the pulse of public opinion, has failed to give any indication of activity. There, as in other quarters, a cautious feeling has been apparent, a disinclination to discount the uncertain future being pretty clearly pronounced. In spite of northeasterly winds, the weather, taken as a whole, has been favor- 535 anticipated by Sir Michael Hicks-Beach, year is therefore £-3,fl43,.5i8. The deficit for the sources of revenue which have suffered most have been the excise and customs, the former losing £890,000. Some yean ago it used to be asserted as a reproach that we were drinking ourselves out of the national debt; but it is very clear that of recent years we have been becoming much more sober as a nation. Ten years ago the for 1885-86 the receipts excise yielded £31,209,000, while were only £i46,830,000, or, allowing for the increase in the population, the return per head is now 148. 9d., against 19s. Id. This is satisfactory, as the money thus saved is more profitably employed in other channels. During the past decade the savings banks' deposits have risen from £67,575,000 to £97,806,000, or from £3 Is. 3d. to £2 13s. head of the population. This goes to controvert the assertion that the spending power of the community is diminishing. In making his statement, the Chancellor of the Exchequer adopted an optimist view, which is not general!/ 6d. per accepted outside of official circles, particularly as we are threatened with an issue of £50,000,000 of consols in the doubtful event of Mr. Gladstone's land scheme being carried* This would mean an extra annual addition of £1,500,000 to imperial liability, and which no doubt in the long run the able to the agricultural prospect, and we have at the same long-suffering British taxpayer would have to meet. The time had a cheap money market. But political influences have been paramount. It is not the present moment is certainly not opportune to increase the Eastern question which this time has been agitating the burdens of the nation, although the cheapness of money masses, but the character of the future relations between would facilitate the operation. The Chancellor of the Exchequer estimates the revenue for Great Britain and Ireland, and it is not surprising that the radical changes proposed have been productive of considerable 1886-87 at £89,885,000, or £303,000 more than last year, and anxiety. A disturbance of home political affairs means a dis- the expenditure at £90,428,499, leaving a deficit of £559,499, turbance of internal trade, preventing also our taking full to meet which it is proposed to suspend the new sinking fund advantage of any improvement which may occur in the export of £613,000 and the sinking fund of 1881 of £205,000, both or foreign trade. In fact, until the affair is decided one way now applicable to purchase of stock in the open market. or the other, commercial operations will be partially paralyzed. This will convert the deficit of £559,499 into a surplus of Trade will be restricted to hand-to-mouth dealings, with no £258,000. In framing his estimates, however, Sir William inducement for that enterprising speculative spirit which Harcourt seems to have been rather sanguine in the matter of excise, which, notwithstanding its declining tendency, he infuses life into general business. It is singular how trade has almost constantly suffered expects to yield about a quarter of a million more than last during the past twelve months or so from political pressure; year. Why it should do so in the present state of trade it ia and in fact it is a little curious that no sooner has one diffi- difficult to conceive. The present amount of the national culty been in a fair way of being surmounted than another debt is £710,000,000, and it will be reduced during the current has sprung up in its place. We have passed through the financial year by £5,958,000. The items of expenditure for throes of a threatened convulsion with Russia, and have had 1886-87 are given as follows: Consolidated fund, £30,039,917; to view the irrepressible Eastern question from a variety of army, £18,333,300; navy, £13,993,000; civil service, £18,008,standpoints more or less hostile. We have had to await 691; customs and inland revenue, £3,753,000; post-office, patiently the subsidence of the usual excitement attending a £5,318,995; telegraphs, £1,845,510; and packet service, £735,general election, and having overcome that we are now 663; total, £90,428,599. The gross revenue is estimated as folbrought face to face with the Irish question in a more aggra- lows: Customs, £19,700,000; excise, £35,710,000; stamps, £11,vated form than it has hitherto been presented to us. When 365,000; house duty, £1,880,000; property and income tax, all these things, and the uncertainty as to their ultimate have to be considered, there can surely be no surprise £15,755,000; post-office, £8,270,000; telegraphs, £1,730,000; on advances, £1,165,000; and effects, Crown that merchants are excessively conservative, with no spirit of anywhere observable. Ic is then of prime necessity that the political future should be much clearer before the miscellaneous, £2,900,000; total, £89,885,000. Somewhat more steadiness has prevailed in the money market. This is not due to any increase in the commercial demand, but is the result mainly of a diminution in the vol- enterprise cautious feeling is relaxed. Eliminating political influences, there is no reason why trade should not gradually assume a more cheerful aspect. Money is cheap, credit is apparently sound, the agricultural prospect is perhaps a shade brighter than it was, and all the necessaries of life can be had on easy terms. But one important item is still required, and that is confldence. When will confidence be restored, is a question asked with painful iteration in commercial circles just as frequently and almost as gloomily as was the case a year ago, and notwithstanding the more hopeful tone of American advices, it ifl quite as difficult as it has been for the year past to hazard an opinion when a permanent restoration will be effected. Sir William Harcourt's budget is a very simple, plain affair. With the materials to his hand it would have been impossible to frame any startling proposals. Practically taxation remains unaltered, the only concession being the abolition of the 4s. lands, £370,000; interest of floating balances. The market is apparently being brought into a sounder condition, and should there be any revival of the commercial inquiry, it would not be long before some movement in the Bank rate would be necessary. But judging from present indications, any hardening process promThis week's Bank of England return ises to be very gradual. shows that the aggregate deposits held have been reduced ume £1,264,000, proving that there is less money floating about, but against this the Bank has been repaid loans to the extent of £1,328,000. The loss in bullion is £308,000, the present supply being £31,713,694 or £3,850,000 less than a year ago. The reserve, which now amounts to £12,715,989, is nearly £4,000,000 It is clear, therefore, that there is not less than last year. to draw upon before the resources of the Bank would be weakened to such an extent as would render aa advance in the rate imparative. much margin . : ; : THE CHRONICLE. 536 [Vol, XLU. Northwest Lancashire, Lincolnshire, Northamptonshire, and other districts, and it was resolved to take steps to secure the Open market rates. immediate co-operation of all iron-making districts, and es/or deposits hy pecially to obtain from every firm owning blast furnaces an 1 Trade Bills. Bank BUls. IHsc^t WS6 undertaking not to increase the make for a period of three Three Four Six mock At 7tol Three Tour six months, pending negotiations now contemplated. Months Months Months Months Month, Months Baniis. Call. Davt. The grain trade throughout the week has been entirely des1«32~ IK-IM Mar. 12 iS®~ 1«® 2~@,m 2X®3 " 19 2 IM®- 1J<® - 2 a - 1J«32 I>i-1H titute of interest; operations have been about as contracted 2H9214 2«®8 " 1K-1>< as they possibly could be. 28 2 l>i®- 1«®- 2 ®- 1H®2 2 ®2« 2M®3 Nothing has been done beyond 1><-1M Apr. 2 2 m% - mm - m® - 1H»2 2 @2« 2HS®3 supplying current requirements, there being nothing passing " lU-lM 9 2 i>i® 1«® 1«*2M 2 ®2i4 1J«® " 18 2 in the way of speculation. "Wheat has been a shade easier, 1«® - 3 ® - 1«®2M 2 ®2>4 2M®2« say about 6d. per qr., and has finished up with a dull appearThe following retarn shows the position of the Bank of ance. The weekly average price is again drooping. At the England, the Bank rate of .di-icount, the price of consols, the close of March it was 30s. 9d., but for the week ended April price of middling upland cotton and wheat, and the Bankers' 10 only 30s. 4d. per qr. This clearly ^exemplifies the difficulty Clearing House return, compired with the three previous experienced in maintaining any improvement; certainly the years current quotation is Is. 4d. per qr. higher than for the first week in March, but it is BtUl a long way from a remunera. 1883. 1884. 1885. 1886. tive point, and the average for the season continues 38. per qr. £ Circulation, excluding 7-day and £ £ £ other bills 24,747,755 24,623,770 25,513,320 25,706,040 below what was considered the bankrupt level of last sea6,099,3n Public deposits 6,086,561 7,980,980 7,006,488 son, namely 30s. 5d., against 33. 5d. per qr. Neither are there Other deposits 22.900,595 26,846,023 25,036,896 22,975,836 any indications of an early change in the trade taking place. Government securities 14,583,498 14,402,165 12,436,202 14,834,917 Other securities 20,459,673 21,396,021 22,032,307 22,182,240 Statistically there is nothing new to notice. Imports have Reserve of notes and coin 12,715,939 16,698,611 15,373,022 11,302,765 fallen off somewhat, yet the aggregate for the season is in Coin and bullion 21,713,694 26,572,281 26.136,342 21,258,805 The rates for money have been as follows : ~ mm : , Reserve to Bank 42-25 liabilities rate Consols English wheat, average price Middling Upland cotton No. 40 mule twist Clearing-House return The Bank 48 p. c, 47?4 p. c. 37^^2 p. c. 2 P.O. lOOHd. 3«p.c. 2H p. c. Sp.c. ma 102!.^d. 102Hd. 423. Id. SOS. 4d. S3s. 3d. 878. 9d, 4 ll-16d. 55«d. 5 13-16d. 5d. mi-' »Md. lOd. 9«d, 91,350,000' 127,122,000 82,407,000 144,908,000 and open market rates at the now and for the previous three weeks rate of discount chief Continental cities have been as follows: ^pril 16. April Satuof TnttreHat Bank Optn Market Bate. Pari* Berlin Frankfort Opffi Bate. Market S lii 2 3 1« IH i« 2H a« 2H 2H Brussels 2ii Madrid Vienna 4 St. Petersburg.. 6 4 3 5 Copenhagen 3^ 3^ 8 4 & Abell Bank m March 1. 25. Bank Open BaU. Market Open Bate. Market. 2H 2H 2ii 8 Hamburg Amsterdam Messrs. Pixley Bank 2H 3 8 3 3 April 8. Barley Oats Peas 2ii 3 2)8 3 2J< 2 8 2 2i« 1J« 2H 2« IH 2K 4 4 4 S« 2H 8« 4 4 SH 5 5 4 4 6 4 4 5 5 5 3!^ 31* 3« 3M 3« an Beans Indian oors Flour (exclusive of stocks • SILVER. AprU Bar gold, fine., .oz. 77 Bar gold, contain'g SOdwts. silver. oz. 77 15 AprU 8. London Standard. AprU d. d. 9 10}^ Bar silver oi. 46 Bar sUver.oontaln77 10>i Span, doubloons. oz. S.Am.doubloons.oz. tng5grs.g0ld..0I. AprU 16. 46 9-16 Importsof wheat. owt.30,139. 220 Imports Of flour 8,403,638 Sales of home-grown. .28,787,589 67,335,447 Total 1884-85. 1883-84. 29,237,253 33,003,467 10,104,441 9,443,028 28,926,696 28,204,345 1882-83. 39,857,364 10,904,705 27,944,600 70,650,840 78,706,669 68,268,393 The following statement shows the extent of the sales of home-grown wheat, barley and oats in the principal markets of England and Wales during the first thirty-two weeks of the season, together with the average prices realized, compared with the previous season : 1885-86. 1884-85. Av'ge Price Sales. ». Sales. d. 1883-84. Av'ge Price g. Av'ge Prfct Sales. d. t. d. 2.006,978 30 5 2.016,676 32 5 1.966,316 39 2 2,765,933 29 5 2,813,691 31 8 2,973,665 32 5 321,073 18 10 353,570 19 10 283.808! 19 11 Wheat, qrs., Barley Oats 4B4« Converting quarters of wheat into cwts., the totals for the whole kingdom are estimated as follows: 47 Wheat Cake silver oz- 49 13-16 50 5-16 Meitcan dol8...oz.' 45?^ 45^ I The directors of the Royal Mail Steam Packet Company notify that after considering the accounts of the company for the year 1885, they are not prepared to recommend any distri The quantity of wheat, flour is shown At present. Wheat qrs. 1,748,000 Plour.equal to qrs Maize qrs. 196,000 321,000 1884-85. 28,926,696 and maize 1883-84. 28,204,345 afloat to the in the following statement: Last week. Last year. 1884. 1,728,000 2,882,000 1,910,000 190,000 238,000 234,000 389,000 321,000 132,500 Engllab Financial iTIarkets— Per Cable. 31st last. Messrs. Baring Bros. Co. have received applications for £4,191,500 sterling first mortgage debenture bonds of the 1885-86. owt. 28,787,589 United Kingdom bution to the shareholders for the half-year ended Decembej & 1,.591,605 16,615,293 9,443.028 8. d. 3-11) 1882-3. 39,857,384 11,307,430 9,048,924 1,343,476 1,591,273 11,068,446 10,904,705 for consumption in thirty-two weeks on September 1) 1885-86. write as follows on the state of the GOLD. 1883-4. 33,003,467 10.983,157 7,364,231 1,092,970 Supplies available 3H bullion market Gold -There has been a good demand for gold during the week, and the whole of the arrivals mentioned below have been taken for export, together with $.S0,000 withdrawn from the Bank. The amounts to hand comprise £3,350 from Sydney, «18,400 from the Kast, *13, 580 from Eiver Plate, £2,270 from the Cape, £110,000 from New York total, £147,600. The " Medway " has taken £7,450 to the West Indies, and the " La J>lata " £100,000 to Lisbon. Silver has given way, fallowing the course of the Indian exchanges, the fall being accelerated by the low price at which the India Council bills were allotted yesterday. The only arrival of importance during the week has been about £35,000 from New York. Tlie P. & O. steamer has taken £11,000 to ludla. Mexican dollars remained steady during the week at45%d. on French Government buying, and at this rate the arrival by the "Ville de Bordeaux," about £72.000, was placei; the price, however, has since given way, and we quote to-day 4558d. per oz. The quotations for bullion are reported as follows: Londtyn Standard. IMFOBT8. 1885-6. 1884-5. owt. 30,139,220 29,237,253 7,754,662 10,527.969 5,807,197 6,679,620 1,340,303 1,177,919 2,001,741 2,130,908 17,425,626 14,410,213 8,40S,638 10,104,444 Wheat 2H a that for the corresponding period of 1884-85 by about 900,000 cwts., but the quantity on passage is appreciably less than last year. For the immediate future, however, the stocks available are ample, and while such is the case and crops are promising it will be useless to look for any distinct hardening of values. The following return shows the extent of the imports of cereal produce into the United Kingdom during the first thirty-two weeks of the season, the sales of home-grown produce, the average prices realizad, and other items, compared with last season excess of The London week ending April 30: daily closing quotations for securities, &c., at are reported by cable as follows for the Canadian Pacific Railway Company, bearing interest at the London. rate of 5 per cent per annum, the price of issue being £104 <t Silver, per oz per cent. The applications exceeded £6,000,000. Oonsols formoney Consols for account. . A meeting was held of the Scotch ironmasters to consider^ Fr'oh rentes (in Paris) f r the advisability of reducing the rate, but no decision has D. 8.4J9S0f 1891 0.8. 48 of 1907 been arrived ai. The number of furnaces blowing is now 97. Canadian Paoiflo At a subsequent meeting held in London to consider the CTilo. MIL & St. Paul.... Erie, common stock.... advisabily of reducing the make of pig iron thoughout the illinols Central United Kingdom by 25 per cent, there were representatives Pennsylvania ehlladelphla &, Reading from Cleveland, Scotland, South Wales, West Cumberland, Hew York Central . Sat. 4614 100918 lOOiiie 81171a 1141a 12858 65 1« 8978 25^8 I4214 ilfon. Tues. Wed. 46I4 46 le 128% 128% 66 66 Thurs. 46iie lOOiaii IOOIB16 lOOISifi lOOie,, 10010,6 lOOlB,, 10016,8 lOO'e 8l-67la 81-80 81-70 91-75 Il4.'% 11458 U4ifl 11458 >« 894 25% 142 88% Bo's 1411^ 128% 128% 65 '8 65''8 88% 24% 883a 24=8 1401a 140% 54% 54''8 55 B8 55 I214 11 14 IQia lOlQ 105% 10538 1104% 103% 55 Fri. 461,6 1 11 104 : . May 1, THE CHRONICLE 1886.] CJommevclaX and pUscctlaneowa 3|ewB Imports and Exports for the Wekk.— The importa of last week, compared with those of the preceding week, show an The increase in both dry goods and general merchandise. total imports were $8,030,190, against 17,309,939 the preceding week and $10,136,097 two weeks previous. The exports for the week ended April 27 amounted to $6,508,683, against $5,610,705 last week and $5,097,796 two weeks previous. The following are the imports at New York for the week ending (for dry goods) Apr. 33, and for the week ending (for general merchandise) Apr. 33; also totals since the beginning of the first week in January: PORaiON IMPORTS AT HBW TORK. 1884. $1,546,108 5,967,171 7,U1,S67 G«o'lmer'di8e.. Total Since Jan. 1885. 1883. $2,269,897 Jbr Week. Dry OooiU 1886 $1,02^.388 4.764,710 $2,374,608 5,645,582 $9,710,764 $7,513,279 $5,793,098 $8,020,190 $45,006,293 102,071.824 $41,491,010 08,881,723 $33,799,794 85,024,648 $40,599,547 96,857,526 1. Dry Goods Gep'lmer'cUse.. Total 16 weeks. $147,078,117 $110,372,733 $118,824,442 $137,257,078 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 April 27, 1886, and from January 1, l886,to date BXPORT8 PBOX HBW TOSK FOB TBB WEBS : For the week... Prev. reported.. The following RBW TOBE. Sxportt. Importt. 0oia. Week. Brest Britain $ 1,965,721 Oermany West Indiea .......... Mexico BoDth America All other ooun tries. . Since Jan.1. $6,770,118 8,455,675 665,589 3,609,938 497,330 $193,687 1,127.313 717,092 16,004 363',i02 5,726 412.443 13,352 122,427 18 2', 666 5,496 T»tal 1886 Total 1885 Total 1884 Week. Since Jon. 1. 362,168 $2,153,983 J20,131,590 203.666 4,711,329 5,806,985 32,915,869 $119,054 103,328 1,106,053 Silver. Great Britain 180,000 Oennany i'.i'oo West Indies .......... Mexico Bonth America 1,200 $3,723,764 185,577 17,850 85.403 9 9 48 32,558 8',506 39',i'l4 36,663 All other coontrieg. . Total 1886 Total 1885 Total 1884 $82,600 641.145 241, 22^ 294,924 47,861 16S,873 2,9B0 *4,f 89,371 $41,058 5,350,329 4.929.804 570 $514,689 458,272 40.496 1.467.S)45 Of the above imports for the week in 1886, $12,844 were American gold coin and $3,010 American silver coin. Of the exports during the same time $357,753 were American gold coin. United States Snb-Treasury.—The following table shows the receipts and payments at the Sub-Treasury in this city, as weU as the balances in the same, for each day of the past week : Balances. Date. Payments. Receipts. Coin. Coin Oerl's.] * one dollar. The railroads were purchased by the committee (or $800< 000, the securities for $250,000, rolling stock and steameia for $70,000, real estate in Chicago for $100,000, and then the last four items were again sold to the committee for a lump sum of $425,000, making the total purchase $626,000. The road will remain in the bands of the receivers for sometime, until the present claims are disposed of to the satisfaction of the Court. There are over $3,000,000 of receivers' certificates outstanding, wliich, together with the interest due or nearly due on the underlying mortgage bonds, and the current liabilities, makes the floating debt about $8,000,000. Wheeling & Lake Erie.— The Wheeling & Lake Erie road was sold at Cleveland, on April 23, on a decree of foreclosure by the United States Circuit Court in the suit of the Farmers' Loan & Trust Company. There was only one bid issued —which was made by George S. Forrest, Melville C. Day and Daniel E. Garrison, of this city, as trustees of the Reorganization Committee. The cash payment made was $35,000, and the balance of the purchase money is not payable $505,000 Union Pacific—At Washington the House Pacific Railroads Committee agreed unanimously to report a bill to extend the indebtedness of the Union and Central Pacific railroads. It $88,946,206 BXPOBTS and IMPOBTS of gPBOIB AT & 5,944 $89,959,978 $102,222,341 shows the exports and imports of speci*" York for the week ending April 34, and and for the corresponding periods in table at the port of New since Jan. 1, 1886, 1885 and 1884: Wabash 8t Lonl« k Paolflc—At8t. Louis, April 90, Unitad Btaten Oommiasioner Edmund T. Alton sold under foreolotui* of mortgage at public auction the Wabanh 8t, LouU P«oifla Railroad, the total price paid for the entire prop«rty being $625,000. The committee api>ointed bv the •took and boncN holders to loolc after their interesta were the only bidden and the whole 8y«tem, excepting the St. Joseph St. Loai* Branch, was purchaaed by them. W. F. Neabitt, its PnaJdent, purchased the leasehold interest in the latter road for $2,592,258 4,783,232 2,953,004 $8,508,682 82,377,524 $5,931,831 84,02,'), 147 Total 16 weeks. $111,027,813 1886. $5,347,570 96,374,771 $6,090,044 104,937,769 637 until the confirmation of the sale, which cannot be within thirty days. Mr. Day said to a reporter :— " The Reorganization Committee includes all the first bondholders, representing $2,550,000, except the holders of six bonds, whose residences we learned only to-day. Our plan also allowed the old stockholders, second bondholders and general creditors to come in by paying an assessment ranging from twenty-five to thirtyfive per cent, but very few of them have taken advantage of it. The road extends from Toledo to Brewerstown, where it connects with the Panhandle road. I do not know when it will be constructed on to Wheeling. The Garrison family probably controlled a majority of the first mortgage bonds. Commodore Garrison also owned $2,500,000 of the second bonds, and altogether the road cost him nearly $7,000,000. For four of the old first bonds three will be issued under the reorganization plan. The old bonds bore six per cent interest, while the new ones wi'l be five per cent bonds. I do not know how much stock will be issued. The first bondholders will receive a certain amount, but this will have to be ar^ ranged hereafter. No change in the management of the proj^ erty is intended at present. 1885. 1884. 1883. Ourreney. proposes to extend the debt over seventy years, payable in semi-annual instalments. In reporting the bill the attempt failed to have a day fixed for its consideration. This puts the bill on the calendar, where the chances of reaching it this session are very doubtful. Burdett's Official Intelligbnce for 1886 has just reached us from London. This important manual is issued annually, under the sanction of the Committee of the London Stock Exchange, by its Secretary, Mr. Henry C. Burdett. It aims togive all requisite particulars concerning every security and company of interest or importance known to the Stock markajs of the United Kingdom. The completeness and accuracy of^this manual make it invaluable to all interested in foreign securities. Bankers and brokers in the United Statescan obtain copies, we presume, through Mr. T. S. Gardner, Assistant Secretary of the Board of Trade & Trjinsportation, 55 Liberty St. Auction Sales. The following were sold at auction this week by Messrs Adrian H. Muller Son, 12 Pine Street — & 24 26 27 $ " 28 29 " 30 1,337.379 1.324,S0S 2,140,292 1,058,003 2,534,307 2,583,794 Total.. 10,975,583 l,0iC.290,128.474,807 53.3rt0,120 10,813,033 l,191,5l5:128,r.45,.504 53.455,130 51,665,220 51,647,360 54,552,630 54,800,100 11,181.810 11.362,506 12.492,900 13,829.395 699,029,125,372,450 785.970 123,481.653 1,413,158 128,570.139 963,216 128,607,752 10.980,.i89 6,109,208 Grand R.apids & Indiana. —A dispatch from Grand Ripids, O. Hughart, President of this railroad, had returned from New York, and announced that he had succeeded in placing $700,000 in bonds, the money to be used in building the new road from Grand Rapids to Muskegon. Kansas City Springfield & Memphis. This road, about a year ago, was completed to Memphis, Tenn. a distance of 487 miles. It is now preparing to extend its line, under another name, from Memphis to Birmingham, Ala., a distance of 330 miles, thereby making a line from Kansas City to Birmingham, 737 miles long. " The proposition which the The Boston papers report Kansas City Springfield Memphis Company will soon make in the way of rights on the cjntemplated extension to Birmingham, Ala., will be a block comprising five shares of new stock and a $1,000 thirty -year 5 per cent bond for $950 to each holder of tea shares of the old stock. The new construction is to comprise a bridge across the Mississippi River and 2-30 miles of new road." Mich., says that W. Shares. Shares. Ill Staten Island RB. Co.$67^9h. 5 Lafayette Mutual Bldg. & Loan Assoc'nof Jersey 122 Lykens Val KR. &Coal .142 City, $25 60 V Bb. i>d.$100 lot 1 The Jourual of Com $10,000 71 Amer. Exeb. Nat. Bank. 135 >4 25 Equitable Gas Light Co. .156 154>« 40 Union Ferry Co 16 CliescbrougU Mfg. Co. ...140 101 46Penn. Coal Co 265 25 North River Ins. Co 50 Old Dominion Land Co.. 80ia 200 Little Pitt8l>i?.Min'g..26o.^ sh. 13 Houston West St & Pa 200 Central Arizona Mlu'K..$i.6lot 3.40 Des Moines >t Ft. D. com. vonia Ferry ER. Co.... 120 2 Bonos. 60 pref.. 10=^8 do do 75 Lamar Ins; Co. (85*pd.)$3^8h. $3,000 State Tenn. 3f Settle't 71 2lO% $1,100 State Tenn. 65Settle'tl05>a 10 Eighth Av. RK. Co 100 The Harney Peak Tin $1 ,000,000 Phila. & Reading RR. Co. 1st series Ss, oon.. 55-60 Min'g, Milling A Manuf acturi u g Co $7 per share $100,000 Pblla. & Bead. RR. 25is Co. 2d series 5s, oonsol 10 Mineral Rtnge RR. Co...l4li8 . Apr. " " " — . . — , : & United States Government and other destnkble SECURITIES FOB IHTTESTORS. All stocks and bonds listed on the New York Btook Exohange boaffbt and sold on commlsalon for cash. »..,., Deposit accounts received and Interest allowed on monthly DaUnoes BUldect to draft at sight. HARVEY FISK 28 Nassau Street, & New SONS, York. — 8: :1 ; THE CHRONICLE, 538 [Vol. XLII. selling l-16@i premium Boston, par@5 Orleans, commercial, 50 discount, bank, .$1 50 St. Loms, 25 premium Chicago, 35 premium. The rates of leading bankers are as follows par, ; New premium; premium; ; UIVIJOBNDS. : The following dlvlcleads have recently been announced: Ifame of Company. Per When Cent. Payable. Railroad. Jf. Y. Prov, Bankol i: Bost. (Ston'n) (cjuar.) Banks. New York State of Naseaii miscellaneous. ITnited States Express (cjiiar.) — April 30. Sookt Closed, (Days inclurive.) Prlmebankers'sterllng 2 10 1 to May 1 4 May May 11 4 May 10 April 30 to 10 1 May May 16 4 May 4 to ParlB(franc8) — Stock Exchange this week has caused it and the uncertainties in regard to strikes, railroad earngrowing crops, &c., are such as to keep the market in a halting position until some of the doubtful elements are removed. The reports this week from two of the leading trunk lines the Pennsylvania and the Erie for the month of March, are again quite favorable, and they indicate that in spite of the small tonnage of grain and provisions, the trunk lines are doing materially better than last year, and the higher rates are giving the roads a better net profit, even if the tonnage carried is stocks, ings, the — smaller. On this basis there is reason to be hopeful about the trunk lines, since their competition, it is supposed, has reached a maximum for some years to come, and experience has proved that they can earn fair dividends in those years when rates are maintained. At the West there seems to be the prospect of very active railroad building, as the four great corporations occupying the territory northwest of Chicago have each laid out plans which involve the building of a large mileage of new road and the outlay of a large amount of capital. The Atchison Topeka & Santa Fe had already perfected its plans for heavy building, and it is probably not too high an estimate to assume that these five great companies will build 3,000 miles of branches, extensions and feeders in the next eighteen months. All this, too, is by corporations abundantly solvent, and able to carry the new roads for a few years, until they earn interest on their bonds hence the building in this manner cannot lead to another crop of defaults and foreclosures such as we have had in the past, with disastrous effects to the holders of securities. The open market rates for call loans during the week on stock and bond collaterals have ranged at per cent, and to-day at 2@3 per cent. Prime commercial paper is quoted at 3i@5 per cent. The Bank of England weekly statement on Thursday showed a loss in specie of £60, 14.5, and the percentage of reserve to liabilities was 41 7-16, against 41 3-16 last week; the discount rate remains unchanged at 2 per cent. The Bank of Prance gained 7,548,000 francs in gold and 3,388,000 francs in silver. The New York Clearing House banks, in their statement of April 34, showed a decrease in surplus reserve of $1,399,100, the total surplus being $13,333,550, against $14,723,650 the previous week. The following table shows the changes from the previous week and a comparison with the two preceding years in the averages of the New York Clearing House banks. H@4 Di^er'ncesfr'rt Previous Week. 1885. April 25. 405,«a4038 9538*9513 89ifl ®5 5 171295 Ifi'a 5 15 . Amsterdam (guilders) .._.. PranWortor Bremen (relohmarksl 1438 4019a 40», 9534 39578 — United States Bonds. lu common with all the other Government bonds have been very dull, and prices are unchanged, except for the 3s, which are 1 per cent higher. The closing prices at the N. Y. Board have been as follows : to resemble a midsummer period, when half the brokers are out of town. There is nothing at present to stir up an interest in 1886. April 24. 4 4 8712 markets, WALL, STREET, FRIDAY, April 30, 1886-!5 P. M. The Money Market and Financial Situation. The slack business at the Demand. Sixty Days. on London... 4 So\1H 86 4 8514*4 85I3 May May bills 1884. April 26. Interest April Periods 24. 1K91 1891 This Is \ 26. 28. 29. 30. 'II214 11238*112'^ 112381 ni238 11214 11214 I12i«i'112i<j *11238l M1238 126I4 1-2614 'I26I4 *l2l>l4 I2BI4I *126l4 I26I4 I2HI4' 'I26I4I 12t>l4 n26i4 I26I4 100=8 '100%; 101 IOII4 •10034 101% 'I2714 127iai*127is •12713 '12712I •129381 12938 *130 *130 *130 131 *132 •132 1313fl, 13114 nsi 13 H3 13158; 1347a *135 *135 •135 1361-2 136 •-8 13658-137 *137 •137 127 129 the price bid at the morning board State and Railroad 27. April 112% reg. Q.-Mar. 41S8, 4128, ...coup. Q.-Mar. 48, 1907.. reg. Q.-Jan. 48, 1907.. coup., Q.-Jan. 3s, option U.8....reg.iQ.-Feb. 6s, cur'cy, '95....reg.lJ. 68, cur'cy, '96....re?.'J. 68, cur'cy, '97....reg.l.r. 68, cur'cy, '98 reg. J. 68. cur'cy, '99.... reg.' J. • April A]>ril April April : no sale was made. Bonds.— State bonds have had a very small business, the total transactions for the week being as follows: $30,000 North Carolina consoles, 1919, at 118 J-}° $8,200 do. consol 4s, at 94-5; $44,000 do. special tax bonds, at 10-13; $7,000 South Carolina non-fundable bonds, at 6J; $1,000 Georgia 7s, new, at 103; $1,000 Louisiana consol 4s, at 73^; $4,000 Missouri 6s, 1887, at 104i; $10,000 Virginia 6s deferred, trust receipts, at 9J. Railroad bonds have been very dull most of the week, with a more activity noticed in the later days. Prices have been irregular and no decided tendency has prevailed in either direction for the general market. Some have improved while others have given way a little. The only conspicuous activity has been in Erie 3ds ex June '86 coupon, which were latterly sold down quite sharply. Ches. & Ohio "B" oonds declined to 68 when it was known that only $10 in cash would be paid on the May coupons. The closing prices and range of a few leading bonds are annexed little Closing. Name ' Range since Jan. Apr.22 Apr. 30 N. Y. L. cp. Funded coup. 5s West Shore, guar. 4s Texas & Pacilic Rios, 6s, cp. off. EastTenu. Va. & Ga. 5.s,tr. rets. do do incomes Green Bay Winona&St. P. 1 st 68 Den. & Rio Gr. West., Ist (is... Fort Worth & Denv. C., Ist 6s. Ches. & * O. 6s. ser. "B." cp. off. & Texas, gen. 5s Kans. Do Lowest. Highest. E.& West.— 2d consol. 68,ex. June, '36, Mo 1, '86. of Bond. do Bid price no ; geu.63 86=8 90 102''8 50% 80 2014 *98 88 78 *79 93ifl 83% 88 1027, 49 '80 2038 '100 •74I2 87 68 75 12 91 7678 Jan. 92 Mar. 7714 Jan. 9 314 Mar. I0114 Jan. 101 Jan 45i« Jan. 5)78 Feb. 68I4 Jan. 83 Mar. 22i« Feb. 17=8 Mar. 80 Jan. I0114 Apr. 7212 Jan. 8)34 Mar. 81 Jan. 9214 Mar. 68 Apr. 83 Jan. 7.5 Jan. 83 Feb. 88 Jan. 96 Feb. sale. — Railroad and Miscellaneons Stocks. The stock market was perfectly lifeless during the first three days of our week, beginning with Saturday last. Business was restricted to a few room traders and there was no disposition to operate on either side of the market, and as a consequence prices remained practically unchanged. On Wednesday, however, a bear movement was inaugurated, and it was rumored that a bear pool had been organized. However that may be, prices gave way considerably under the adverse influence, and have remained quite weak, though there has been no important change in the general situation of affairs, and 'he decline can- not be attributed to anything except the operations of the bears, assisted by an indisposition to support prices on recount of the uncertainty in regard to the continuance and possible spread of labor troubles. Legal reserve In fact, the still unsettled differences between employers Beserve lield. and employed are exerting quite an influence against the BorplUB $13,323,550 Deo.$l,399,100 $53,142,425 $2,419,800 market, and there have been fears of further trouble on the first of May on the unreasonable demand for eight hours' work Excliange. There is nothing new to report in the sterling with ten hours' pay. This has had some effect on the coal exchange market. Business has been exceedingly dull, and stocks especially, and the weakness in these and a few other rates are maintained only by the continued scarcity of commer- specialties has had its influence on the general market, and all cial bills. Posted rates remain unchanged at 4 87^ and 4 prices are lower than a week ago. 89J. Some further gold shipments have been made, though the Among the stocks which have had special movements, Union total is not as great as last week, being only $1,371,000, includPacific and Louisville &, Nashville have been conspicuous, the ing $350,000 to go to-morrow. Consolidated Gas has also been latter being notably weak. To-day the rates on actual business were as follows, viz. Texas freely sold in consequence of the legislation at Albany. Bankers' 60 days' sterling, 4 86J@4 87; demand, 4 88}@4 89. Pacific has sharply declined on the publication of the reorganCables, 4 89@4 89i. Commercial bills were 4 85i. Con- ization plan, which is so conspicuously favorable to the Gould tinental bills were: Francs, 5 16f@5 17i and 5 14|@5 15 interest, and would result in giving complete control to the reichmarks, 95i@95i and 95J@96; guilders, 40J:@40| and Missouri Pacific for a trifling consideration. Reading was 40i@40f. very weak in the early dealings, but a part of the decline was The following were the rates of domestic exchange on New recovered after the auction sale of securities which occurred York at the under-mentioned cities to-day: Savannah, buying here this week. Kansas & Texas was also bid down sharply 1-16 premium, selUng 3-16@t premium; Charleston, buying to-day, said to be on speculative manipulation. Loans EUiddis. $351,542,800 Inc. Bpecle Circulation... Net deposits.. Legal tenders. *975,100 P298.34S ,700 $343, 355,500 74,742,300 Deo. 1,939,808 109,9.=>8 .400 58, 215,300 7,911.400 inc. 18.500 10,910 .800 14, 493.800 37.'),197.h00 Deo. 1,558,000 356,816,,700 335, 684,000 32,380,700 Inc. 151,700 32,383 200 28. 125,500 $93,799,450 Deo. $389,000 $89,204,.175 $83, 921,000 107,123,000 Dec. 1,788,100 142,346, 600 86, 340,800 ! — • .. ' May . ! THE CHRONICLE. 1886.] 1, 539 NEW YORK STOCK EXCHANGE PRICES FOR WEEK ENDING APRIL HIGHEST AND LOWTMT rRICEB. STOCKS. Satunliiy, April -ii. Active Hit. Stocks. C>nu(llaii I'nclllu 64>fl elk CenlriU I'mlilo Cheaniuiiku .b Ohio 1)1) Intprcf. .. 1)11 Zilpref CIilcaKO A Alton CbtcHK" liiirliiiutoii Si Quiiicy Chlcait" Jlllwuukee&St. raiil. pivf. l)o 4i»^ 41»8 17)4 Do pref. Gnen Kny Winona A St. Paul. Houston A Texas Central Louisville A Nashville Louis. New Alb. A Clilcago... Manhattan Elevated, consol.. 64 17>4 IOI4 17:% I2I9 39% 40's' 4liel lOi^l 173» 12>« April 65 65 38 14 38l« 49 "s 40'a 41% 41% 10 10 IS •17 •11 14 04la e4''gl 88 14 38 'a 48ifl 491s 10 10 16>a l«>a 11 11 April 21). a4is 37 '9 3M%' 47 "s 49 40>4 40% '9 10 18 151s' ' 41>«l 41 64% Frtflny. 1 •10 13 1 11!» 133 >4 133% 88I4 ll!t 86% '118 125% 16'9 23 3% 121s 10(i»8 137 ifi 12.') Is •5013 3014 1251s 12«ie 126 lOia 16>4 I6I4 24 241s •23 23% 1% lis 3% I'd 4 85 '81 4 85 13 12 28 12 28 139 12>a Si's •91 82 92 38% 39Vi 381a I28I4 87 *« SeH 87 119 119 119 10719 IO6I4 106% 138i» 138 '138 1211 49% 51% 30% 3II4 24% 24% 127 871s 87 119 119 107 14 100% I38I4 138 120 125 12(i'e -11% 371s i'3'3% 1*33% 125 125% •10 12 •10 291s 32 *2S 32 31 40% 40% 4014 i(fe 39 Is 102% 1031s 10278 103% 102 •lOifi 24 I213 8iie 91 14 2414 1213 52 30I4 23% 1% lis 3% •81 4 65 .50 50 Hi 30'8 231s 231$ II3 378 IHl 811s 22% 24 Ilia 11% 91 91 38% 80 90 81 90 38'8 361s 3618 38% 03 128 65% 65% 22% 34 1271s 1271s 127 35 35 66 14 6613 22^8 11 11% 78% 80 8OI3 3413 66 891s 36 34 127 60 . . 57% Ohio Central lis Ohio A Mississippi Ohio Southern 16 Oregon Short Line 22 Oregon ATran.s-Continental.. 29% Peoria Decatur EvansvlUe 23% Philadelphia A Reading 211a Richmon<l A Danville 105 Richni'd A Went P'nt Terminal 311a •313 Rochester A Pittsburi; •18 St. Louis A San Francisco 30 20 58 291s 25 14 29 Is 25 14 29 25 291s 56^8 5714 55% 56I3 221s 221a 22 1% 22% 29 14 29% 29 14 23 2314 22% 2114 22 201a 105 105 1041s 30% 311a 30 29% 28% 2914 23 22 22% 20 14 2II4 101% 105 104 30 27% 23 lis 25% lis lia 22% 22% 16 22 3OI4 23% 23% 106 32 1% 21% ini«cellaneou« Stocks. •2312 Delaware A Hudson Canal..! Oregon Iiiiprovi laent Co Oregon Kaihvay ANav. Co... PacitlcMall Pullman Palace Car Co 100 SS'g Express Stocks. Adams 99% 9818 5418 5412 133 132 64% 63% '145 Americ.in United States A Co Inactive Stocks. American Distiut Tele^Taph. AtcliLiou Topeka A Santa Fc. Wells. I'artto AtlantieA Paclflc Boston A N.Y. Air-Line, pref Burlington Ced. Rapids A No. Cedar Falls A Minnesota Central Iowa Ciiieiniiati Hamilton A Day.. Illinois Cent leased Hue stock Manhattan BeachCo .. Mil. Lake Shore A West 148 145 1061s 106 lo 103 •60 63 64 125 125 125 37 7% 100 70 12 13 *17 125 100 98 19 55 132 6414 148 106 64 125 „ New l>o pref. York Lack. A Western. .. New York A Texas Land I>o pref. Virginia .Midland Cameron Coal Bomestake Mining Tennessee Coal * A Iron 78 Co.. Plttoburg Ft. W. A Chicago Quicksilver Mining Co Do pref Rich.A Alleg., stock trust ctfs. Rome Watei town A Ogdensb'g Bt. Lotus Alton ATerre Haute. 981s 23% 99% 99% 10014 23 981s 53% 135 148 55 391s -89 30 16 19 23 98 99 15 27% 28% 21 21% 20% 21 •3 •99% 102 57 57 14 110% 110% 112 112% 40I4 40%i 5414 133 63% 64% 16% 16 2314 22 22% 94% 96% 97% 99 7 100 99% 135 7 10% 63% 63% 97% 98 52% 53% •132 148 i 124% 124% 124% 125 71s 71s 7% 7% 100 70 7% 120 86 7% 7% •97 •65 3(1-% 4214 38 9 13 10 ^' .^l %Feb. 17 'H Mur. 3 '1 . Apr. Apr. 706 Apr. ,130% Jan. 1,071), <ni%J»ii. 14 .1 Ill 21 111) 2.'. 30 90% i-l). 1 I). 8 ri. 6 Ii. 13 Feb. 13 Jan. S Jan. 2 Mar. 3 Feb. 15 6 125 24 111% 18 142 Mar. 27 131 Feb. 24 15%Jao. 24 35% Jan. 24 42% Feb. 24 105% Feb. 24 60 Jan. 24 38% Feb. 19 135% Feb. 22 20% Jan. 18| 26 Jan. 2 17 5 5 10 16 3 17 IS 0% Jan. 241 3% A IT. 29 11% Jan. 460 67%.Tan. 29 80 Apr. 210 19 Apr. 20 25% Feb. 7,440 2,685 8 Jan. 161 18% _ Apr. 11 175 25 Mar. 23! 36 Jan. 460 137% Apr. 22 113% Feb. 5,490, 21% Mar. 28% Jan. 745 8% Mar. 18% Jan. 47,606 78% Apr. 00% Feb. 735 80 Jan. 94% Mar. e 9' S S 9 36 127 1 64,410 2,250 34% 32 830 120 500 21 1 1 13 121s 181s I8I3 •17 13 99 19 •46 54 46 77 14 7818 77% 78 106 106 106 166 1671s 170 148 147% 7 2014 23 •20% 55 '52% "53"' 391s 391s •85 3913 4% 52 91 46 78 6% 4% 53 39 90 180 180 21 21 52 29% 29% Ifiie 41% 41% Tbese are the prices bid and asked no 16 15'8 16 16 4II3 411s "42% "42% 19 aal e 52 39 90 15% 15% was made at tbe Board. 132 62% 64% *144 148 147% 105%^105 106 63% *62 124%*120 124 40 40 7% 7% •97 100 17 •15 17 40 7% 99 17 •97" 106' •45 76I4 •44 50 51 76%' 76% 76% 106 106% 106% I 6% -35 9714 51% 53% 99 19 49% 50 75% 77 147% 22% 95% 96% 99% •11% 14 107% 106 107% 106 173 22I4 93 70 "17 16% 21% 132 125 ; 17 Fr^t) 4,170 8 Apr. 45% Jan. « Mar. 25 41 Feb. 1 127 Jan. 2 129% Mar. 31 21 21 Apr. 30 3S%Jan. 4 62% 64% 955 62% Apr. 30 76% Jan. 2 17% 19% 4,280 16% Mar. 24! 22% Apr. 14 42% 4r 1,600 40 % Mar. 24 51% Jan. 4 23% 26% 25,010 23% Apr. 30 32% Jan. 2 103 103% SCO 100% Mar. 24 114% Jan. 11 •11 14 12 Apr. 17 17 Jan. 5 3,200 43% Apr. 29 50 Jan. 7 100% 102 31,181 99% Mar. 24 107% Feb. 13 5% 6 1,395 4% Mar. 241 10 Jan. 5 12 13 1,710 12 Apr. 30 23 Jan. 5 23% 24 56,625 23 Jan. 18! 28% Feb. 17 56I4 54 3,900 50% Jan. 18 64 Mar. 3 33% 34% 15,300 30% Mar. 24 43% Jan. 28 16 16% 1,588 16 Apr. 30] 21% Jan. 4 6% 6% 1,134 6 Feb. 1 8% Jan. 2 19 19% 1,870 17% Jan. 25 24 Feb. 9 10 10 300 8 Mar. 25! 11% Jan. 2 27% 28I4 2,355 25 Jan. 25 30% Apr. 14 23% 24% 2,300 23% Mar. 24 29 Jan. 54% 56I4 20,130 53% Mar. 27 61% Jan. 1 % Apr. 2' 1,800 2 Feb. 21% 22% 2,400 21 Jan. 25 26% Mar. 14% 14% 500 13% Mar. 241 19 Jan. 100 21% Jan. 18 26 Mar. 26% 28% 29,855 25 Mar. 24 34% Jan. 20% 21% 4,405 16 Mar. 24 25 Apr. 12 20% 21% 93,760 18% Feb. 5 31 Mar. 8 105 IO514 2,737 75 Mar. 1106 Apr. 20 28% 29I4 17,025 27%' Apr. 6 38 Feb. 2 5 3% Jan. 161 5 Feb. 15 •18 19 700 18 Mar. 24' 23% Jan. 25 38% 39 335 38% Apr. 30 48% Jan. 7 •99 102 97% Jan. 27,105 Feb. 9 58 58 2,150 37 Jan. isl 67 Apr. 12 109 111 200 99% Jan. 26112% Apr. 9 112% 112% 2,258106% Jan. 19 118% Feb. 25 40 40% 2,920 30% Mar. 17i 41% Apr. 24 714 " 21.920 7% Apr. 30! 14% Jan. 3 49% 50% 136,165 44% Mar. 241 56% Jan. 2 •6% 8 7 Apr. 29 12% Jan. 2 102 I6I4 I6I4 710 15% Apr. 19, 22% Jan. 2 9714 136 63% 63% ^145 148 144 IO514 105% IO3I4 105% 105 •62 64 64 64 63 145 8514 7% 92 30 2,300' 01 1U,34I) 3,9 L") [ 51 •37 19 52 IBM. 3% 5 18% 18% 39% 39% 7% 8%i 49% 49% 10% 98% 98% 53% 54% 98% 135 •99 I8I4 •46 58 111 114 41 37 , '.'. 4% 20 40 102 11% 11% 78% 80 89% 89% 34 35% 1, HlfllMl I •2313 24 9514 lOOis lOOia ]01>4 133 64 Westeru Union Telegraph 24I3 102% 25 15 105 103 31 27% •313 •3 514 5 5 •31a •18 •18 20 20 •18% 20 *10 Do •40 pref 42 43 12 40 431a •40 *99 103 Do •99 102 1 St pref •99% 102 102 St. Paul A DiUuth 60% 61 59% 59% .'>8% 59 58 Do 'IO8I3IIOI3 IO8I3 110 la llOis UOia 108% pref St. Paul .Minneap. A Manitoba. 113 114 113 114 113% U3''e 113 Southern Pacillo Co 4II4 41 41 41 41 411a 40% Texas A Pacitlc IOI2 10% 10% 11 10% 10 8 Union Paclltc 50% 52 50% 511s 50% 51% 49% Wabash St. Louis A PaclHo... 712 714 •7% 8 Do pref. *15i2 17 *15is 17 •1513 17 16% Colorado Coal A Iron Consolidated (jas Co 28% 28 24% 24% 55% 55% II4 1% 21% 21% 291a 57 ig 291a 25I2 SO'a 19 21% 22% •33 . *29is 2578 4 10% 10% 11 32 1-2 . pref IOI4 80% 81% 19 11 '26 21 14 22 21 21 A St. Louis 21 2114 19% 2013 19 19% 46 14 48 46 46 46 13 45 •44 pref. 46 45 27ia 271s Missouri Kansas A Texas 27=8 28 2714 271" 26% 27% 26I4 26% Missouri Paoitte 1041s 104''8 104% 104% 103 105 103 105 103 105 '12 Mobile A Ohio •11% 14 14 •III3 14 131a •11 Nashv.ChattanoogaASt.LouISi 47 471s •451s 48 43 14 45 •451s 48 47 47 10214 1021s 102% 102% 101 13 IO214 101 New York Central A Hudson. 10259 103 101% 6i8 6 New York CUic. A St. Louis. 6% 61s 6 6 6 6% 6% 6% *12 •13 Do « 13 I314 14 pre 15 13 13 13 13 New York Lake Erie A West'n. 24% 25%' 24% 24% 24% 25I4 24% 24% 23% 24% 58ia| Do 58 pref. 58 57% 57% 581s 53 58 57 New York A New England 36'8 37%! 35% 36% 35''6 36 "as"' 85^8 33% 35 New York Ontario A Western. 17=8 17=8 I6I4 17 17% 171s •17 1713 New York Susq. A Western 6% 6% •6% 71s 7 7 7 6% 6% 7 Do pref. *21ia 22 21 22 22 211s 211a •21 19% 20% Norfolk A Western "9% 10% •9% 10% pref 15 •3% 81i£ Do Do 13 10 18M. LowMrt. j Shnren. 131 >4 1321s 131 132 5.035'l20%Mar. 851s 80%| 85% 86>s 140,578 85% Apr. 1181s 11812 118 118 727 118 Apr. 105'8 10U%I 105% 107 44,680 104% Mar. 138 •1351!: 137 520 135 Jan. 125 125% 125 125 SCO 124% Mar. •10 12 •lOis 12 914 Mnr. •28 32 * 32 310 20% Mar. 3!) 391s "s's'i^ 39% 19,513 3514 Mar. 101 101-% 10113101% 3,440 07 .Mor. 47% 49I3 4713 48i« 4,900 43% Mar. 30 30 20 30 3,816 27 Mar. 123% 125% 1231s 125% 146,652 115 Jan. 15% 16 a5% 16 815 14% Jan. 23I4 23I4 300 21% Jan. lij 1% 1% 1% 6,898 1% Apr. 3I3 3% 4 85 241s 121s 24 •Ills Minneapolis Do 04% 64%| 37 Is 38% 47% 49 88% 40 14 9 9 1. , Week, I 40is 12 12% IH3 11% •26 32 13812 139 issis issis 38 36 1271s 1271s 128 Miolil^an Central 31 102% 30 •81 80% 31% 37 125% 126% 125>6l2U Sli^s 38% 38% Memnhta A Charleston Northern Paclflc :)(). JAN. B«nge tiiioe Jsa. Bale* of the Thnraday, I 87I4 139 Contral Indiana Ulooiulnet'n AWcst'n Lske Krlo A Western Lake Shore A Mlob. Southern. Lon^ Island Ai.rll 27. 3S''fl 133% 134 •81 ETansvllle A Terre Ilauto Fort Worth A DeuverCity April UU. 4914 4118 107»4 loys i3s»4 ly.-c* prof Do 12ti CtaloiiKo Uock ralnnd tic Pnciillc. 12r> *10 .... Louis Fitt»bur« Chlcairo St. A 30>4 31 1)1) prcf. 41 4l°s Paul Minn. & Oni Chicago St. 103 103'8 I)o pri'f. 51% 33 Clerc'litiiil Col.Cln.iSE rndiuunp. 31)5 31>a ColiiiuI)Ur« ll04-kin< V'al. iVTol. Do Assessment paid. East Tennessee Va. & Gu Tuesday, &0»8 It's dUoapo A Northwesteirn DelHwaicl.arknwannaiWesI DenTPr A Kio Uraiide Monday, 64 39 '3 40 CunndiiMiMithi^rn Oenlnil of Nrw Jersey Illinois AND SINCE »0, 146 146 •20% 22% 62% 52% 53% 53% 36 15% 15% 36 89 15% 15% 3,135 38,375 17,162 21% Apr. 30 27% Mar. 13 93 87% 20% 1 ,005 93 % 55,832 49 258 129 83,925 62% Apr. 30 111 Jan. 18 108% Apr. 3i 31% M ar. 24 1 08 % Feb. 23' 67 Mar. 25 137% Apr. 30i 75% ! Feb. 8 Feb. 13 Mar. 6 Jan. 5 Jan. 2 Feb. 9 Jan. 9 144 867 101 % 234 62% 72 110 Jan. 14 150 Feb. 13 Jan. 28 106% Apr. 8 Jan. 13 66 Feb. 26 Mar. 26,125% Feb. 15 200 30 30 85% 722 7% 5 96 20 66 300 11 Jan. 4 Apr. 28 no! 13 15 105% 1071 03 500! 17 • Mar 25 Apr. Mar. Feb. Mar. Mar. Jan. 40 0% Jan. 3 101 75 13 24 14% Mar. 2 •22% Jan. S Apr. 24 13 125 13 100% Feb. 26 ! Feb. 21% Jan. 28 54 .50% Jan. 18 82 00% Jan. 20 107 90 135 Apr. 3 180 250 141 Jan. 2 1.50 2,800 — 6% Mar. 5 Jan. 29 Jan. 7 15 400 22 100 21 Fob. 4% Apr. 100 627 25 Jan. 400 86 Apr. 86 Jan. 200 15 Mar. 9 Jan. 1,200 5r 17 Mar. 332 38 Mar. Apr. 30 93% Jan. 14 11 27 18 8 6 13 13 13 28 6 25% Jan. 18 7% Feb. 17 55 30 46 5 05 25 30 13, 17% 13 23 50 25 Mar. Apr. Apr. Mar. Apr. Mar. Jan. Apr. 16 Feb. 3 Feb. 18 Apr. 1ft Mar. 10 Jan. a Mar. 1 ...... . 1 THE CHRONICLE. 540 RAILROAD EARNINGS. Latest Earnings Reported. BOADS. Week or Mo 1886. 1885. Jan. 1 to Latest Date. 1886. [Vol. XLII. New York City Banks,—The following statement shows the condition of the Associated Banks of New York City for the week ending April 24, 1886: 1885. Average & S. F. February. Bait. & Potomac .March Bost. H. T. & W. March ... Bliff.N.Y.& FhU. 3d wk Apr. Atoh. T. . 1,057,407 1,064,748 106,507 122,839 47,623 41,137 49,300 44,100 Buff. Rocli.&PittlSd wk Apr. 18,297 24,053 Bur.Ced.K.&No.ljd wk Apr. 51,006 56,758 CanadianPaciflc 3d wk Apr. 193,000 176,000 Central Iowa. ..3d wk Apr. 23,045 22,231 tCentral Pacific. January .. 805,809 1,096,535 273,241 218,094 Ohesap. & Ohio.iFebruary.. Eliz.Lex.&B.S. February. 63,631 48,682 Ches. O. & 8. W. February. 113,630 112,186 Chicago & Alton 3d wk Apr. 160,639 157,603 Chic. Burl. & Q- February.. 1,830,275 1,601,915 Chic. & East. 111. '3d wk Apr 35.381 31,764 387,000 406,546 Chlo. MU. &St.P.!3d wk Apr. 366,262 41.5,989 Chlo. & Nortbw. l3d wk Apr. Ch.8t.P.Min.&0.'3d wk Apr. 102,900 99,000 Chlo. & W. Mich.lSd wkApr. 26,133 26,814 Oln.Iud.St.L.&0. 3d wk Apr. 47,250 41,800 T.P. N. & 3d wk Apr. 51,785 41,116 Cln. O. Ala. Gt. South. 3d wk Apr, 22,685 16,683 on. &N. E. 3dwkApr. N. 13,163 12,103 Vloksb. & Mer. 3d wk Apr. 8,2i)3 6,968 Vlcke. Sh. & P. 3d wk Apr. 5,320 4,506 Cln.Wasb.& Bait 3d wk Apr 32,102 28,.549 Clev.Akron&Col 3d wk Apr 9,115 9,687 Clev. & Canton. March 24,400 28,709 Clev.Col.C.&Ind January .. 285,733 287,001 Col. Hock.V.&T. March 198,596 214,329 Danbury cSi Nor. March 16,966 16,443 Day. & Ironton. February.. 20,376 Denv. & Rio Gr. 3d wk Apr. 114,000 104,919 Denv. & E. G. W. March .... 83,472 69,335 Des. Mo. & Ft.D. 3d wk Apr. 5,630 7,299 Det.Lans'g* No. 3d wk Apr. 23,289 22,621 E.Tenn.Va.&Ga. March 344,023 324,401 Evansv. & T. H. 3d wk Apr. 13,680 13,334 Flint & P. Marq. 3d wk Apr. 48.417 39,801 Ft. Worth & Den. March 23,799 32,276 Grand Trunk ... Wk Apr. 17 307,789 303,138 Gr. B.W.& St. P. February 21,378 17,483 Gulf Col. & 8. Fe. March .... 142,035 93,631 Hous. & Tex. C. February.. 185,839 144,937 in.Cent.(ni.&8o) 3d wk Apr. 185,700 200,026 Cedar F.&Mln. 3d wk Apr. 2,900 1,919 Dub.&Sloux C. 3d wk Apr. 17.600 17,392 la. Falls & 8.C. 3d wk Apr. 11,100 12,233 Tot. Iowa lines 3d wk Apr. 31,600 31,544 Total all lines. 3d wk Apr. 217,300 231,570 Ind. Bloom. & W. 3d wk Apr. 46,066 42,038 Ind. Dec. c& Spr Marcli 30,862 25,744 K.C.Ft.S.&Gulf. 2d wk Apr. 50,836 50,104 Kan. C. 8p. & M. 2d wk Apr. 31,436 32,845 Kan. C. CI. &8u. 2d wk Apr. 4,666 L.Rk.&Ft.8mltb Fcbruarj'. 47,711 44,985 Long Island 3d wk Apr. 36,942 32,603 La. & Mo. River. January .. 35,740 45,163 Louls.Ev.&St.L. 3d wk Apr. 16,026 13,530 Lotilsv.&Nashv. 3d wk Apr. 229,095 268,315 Louisv.N.O. &T. February.. 139,210 98,617 Maine Central.. February 187,049 185,725 Mar.Hough.A 0.'2d wk Apr 6,157 4,599 Mem. & Cliaries.March 115,171 109,252 •Mexican Cent'l.Sd wk Apr. 78,200 77,810 *Mex.N.,aU linesi March 151,579 137,589 Mll.L.Sb.&We9t.j3d WkApr 35,453 26,400 Milwaukee & Nolsd wk Apr. 13,150 10,680 Minn'ap. & St. L. 'February. 120,09: 113,16;; Minnesuta& No.'MatcU 31,223 Mobile & Ohio March .... 144,68" 196,956 Nash. Ch. ASt.L. Marclr 187,3.50 186,73 N. Y. Clty&No. Apr. 10-20 13,952 11,024 N.Y.L.Erie&W.. March 1,464,950 1,269,249 N. Y. Pa. & O. Mai oh 482,731 440,108 N.Y. ANewEng. February.. 270,924 226.09 K.Y. Ont.& W.. 3d wk Apr. t23,408 33,028 H.Y.8us(i.& West! .March 89,1791 91,098 Norfolk & West. 13 wks Apr. 182,3821 147,676 Northern Ccnt'l. March 460,1471 483,360 Northern PaclUci March 858,116 691,612 Ohio & Miss February. 274,430 267,879 Ohio Southern March 38,946 15,596 Oregon Imp. Co. February. 186,384 210,850 Oreg. R. & N. Co.J3d wk Apr. 64,445 82,832 Oregon Short L. February.. 104,330 89,600 Pennsylvania... Marcli 3,901,855 3,635,374 Peoria Deo.&Ev. 3d wk Apr. 11,425 9,303 Phlla. & Erie March 290,640 260,460 Phlla.& Reading March 2,296,118 1,919,502 Do C. & Iron March 1,081,376 1,054,469 Blohm'd &Danv. March 392,514 360,562 Ch.Col.&Aug. .March 75,578 84,019 Columbia&Gr. March 69,026 78,527 Georgia Pao. March 64,195 57,024 Va. Midland.. March ... 113,981 113,698 West.No.Car.. March 45,606 38,586 KomeWat.&Og. March 152,827 123,287 16,057 Bt. Jo. & Gd. Isl. 3d wk Apr. 23,581 Bt.L.Alton<feT.H. 3d wk Apr. 20,555 18,592 13,220 Do Branches.l3dwk Apr. 11,750 Bt.L.&San.Fran.!3dwk Apr. 81,133 79,264 St.Paul&Duluth 3d wk Apr. 25,208 14,238 8t.P.Mln.ifeMan. March. 590,000 576,011 Boloto Valley.. February.. 51,405 BouthCaroUna.. February.. 120,054 121,494 Bo.Pac.Comp'yGal.Har.&S.A. February.. 203, 819 237,064 G.W.Tex &Pao February.. 3, 755 Louis'a West. February.. 51,893 45, 081 Morgan's fi&T February.. 334, 475 286,595 10, 060 N.Y.Tex. AM. February.. 79,955 Tex. & N. on. February.. 69, 362 666, ,552 655,507 Tot.At.System February.. . : I I 1 I 1,919,610 301,404 128,297 678,578 354,526 727,246 2,137,816 364,768 805,809 534,410 122,909 230,896 2,156,910 3,216,996 505,119 2,180,446 315,152 96,202 620,811 329,230 816,375 1,811,237 370,788 1,096,535 511,004 104,323 227,704 2,323,703 3,594,399 473,174 6,285,973 6,259,714 1,406,719 332,875 6,273,000 6,216,969 1,573,566 385,627 761,492 722,574 744,358 772,699 354,712 344,226 198,228 236,439 157,406 135,288 140,290 103,747 576,935 562,888 138,635 132,349 71,169 66,672 285,733 287,001 525,921 544,267 44,092 45,608 41,628 1,658,213 1,606,869 211,062 195,588 98,732 106,404 324,0341 302,869 1,009,441 1,064,180 206,031 200,413 648,550 545,728 74,215 79,514 4,294,613 4,085,818 . Bonki. Loans and Discounts. New York ._. Manhattan Co Merchants' . MeclianlOB* ...... . America Phenli City Tradesmen's Falton Chemical Merchants' Exoh. Mechanics' Greenwich j : . ' . . . Tot. Poo. Sys.. February.. 1,789, ,6431, ,456,140 February.. 2,456 ,197'2, ,111,647 Tot. of all 459,062 557,521 144,760 3,966,53" 3,4.59,463 1,337,902 1,170,775 539,189 1321,995 215,211 900,385 156,517 448,615 1,291,231 1,932,686 548,010 127,715 379,406 1,171,068 217,580 10,872,866 203,957 742,496 6,300,944 2,722,512 1,017,334 232,439 212,258 188,799 305,613 122,103 395,088 345,031 319,610 199,965 1,190,343 282,720 1,424,176 95,140 214,429 403,166 10,404 96,102 717,704 21,790 152.065 1,401,530 3,063,1187 557,131 546,642 110,263 230,2(i3 793,628 1,276,625 1,815,158 568,179 101,216 113,974 976,860 191,018 9,988,596 206,279 690,677 5,560,313 2,868,880 996,105 237,165 211,680 107,022 317,607 103,407 330,692 349,030 375,890 238,382 1,250,716 242,959 1,433,353 241,106 Commerce Broadwar St. Tol. A. A. 8,251.500 6,116,300 2.312,500 6,705,600 4,286,500 1,763.400 3.52d.800 10,188.900 3,088,000 Pacific Republic Chatham Peoples' North America .. Hanover Irving. ..... Citizens' Nassau Market . 987,000 417.000 2,018.51)0 1,056,600 1,092.000 1,345.400 472,500 1,111.700 86 i, 200 158,800 388.000 2,705.800 609,800 592,500 270,300 559.400 232,700 615,000 537,900 614,100 335.000 4,911.200 4.601,900 103.000 225.700 2.e-(l,800 ..... ... Nicholas Shoe A Leather.. St. Com Exchange Continental Oriental Importers'A Trad. Park North Kiver East Biver Ponrth National.. Central National.. Second National.. Ninth National... First National Third National ... N. Y. Nat. Eich.. Bowery N. Y. County German-.^merlc'n. Chase National... Fitth Avenue German Exch'nge. Germania ijnited States Lincoln Gartteld Fifth National.... B'k of the Metrop.. 2.658.100 3,314.900 1,914.000 3,190,000 5,815,000 4,731.800 1.917.800 20.452,600 21,177,000 1,715.000 1,248.100 16,971.700 9,185,000 3,103,000 5,110.600 19.785.500 6,110.700 1,213.300 2,111,100 2,058,100 2,678,000 3.45S.700 3.627.800 2,290,400 2,157,500 3.912,100 2.028,900 1,691,200 1.226.70C West Side Seaboard Sixth National b93,800 363.000 1,804.000 168.000 158,900 1,339,100 250,000 597,200 191,200 205,000 155.100 109.800 88,200 613.900 1,830,000 1,369,700 517.800 574,800 185,800 288,300 398.900 190,200 471,000 495,700 253,700 306,100 367,000 231.600 137.000 363,000 390.000 634.400 383,000 1,387,590 2,290,100 215.000 121.400 1.191,900 495,000 233.000 627.600 1,145,800 451,800 193,200 298,000 219,800 287,900 311.800 72,000 420,000 2S9.200 120,600 408,100 151,700 238,400 292,000 424,200 3i2,M00 78,800 423.200 327,800 513.500 430,700 719,800 780,8i,'0 260.000 171.500 1,002.500 371,700 271.800 296.900 1,030.600 1,542,600 1,782,700 1,590,800 333.800 220,400 120.800 Loans. totals for several Specie. !£.. Tenders. s S. Boston Banks. Loans. CTrculdtton. » 9 10,252.000 46,000 !0.20a000 8,887.400 8,246.000 10,318,000 2,144.000 12,680,100 2,201,600 1,673,000 23,860.700 3,384,000 4,611.000 2,001,200 1,737,000 1,217.600 3,013.300 1.152,500 3,803,800 15,853.000 13,861,300 5,005.700 7,129.800 2.719,900 8.758,200 4.881,900 2,168,700 4,202,200 11,903,600 3,018,000 3.169,100 3.119.300 2.932,200 1.711,000 3,849.000 4.979.500 5.345,200 2,121,100 23,214,600 28,308,000 2,008,000 1,096.500 17.273.700 10.216.000 3,683,000 5,835,000 20.833,900 6.587,300 1,408.600 2.497.100 2,805.500 2,578.800 4.241,400 3,769,700 2,817,200 2,489,»36 4.074.800 2,757.100 1,752,800 1,532,100 1,305,300 2,0"1,600 1,959,800 1,885,400 262,000 gb'oioo 79,200 600,800 195,400 2,600 460,000 43,000 861,700 45,000 45,000 383,800 45,000 180,000 292,800 267,800 429,300 440,100 'ia.i'oo 989^000 45,000 2"22,io6 180,000 139,500 35,000 46,000 302,600 1'78,500 222,900 180,000 46,000 46,000 42,400 45,000 105,700 46,000 178,000 7,911,400 weeks past: Deposits. 9 OiretUation Agg. Clear'gs $ Jan. 9 339,873. 700 93,0»2,100 31,117,700 383,397,600 '• 16 339,3i.i illKl 97,072,200 33,419,400 389,902.600 " 23 ,138,697. 700 98,284. 300| 34,287,400 389,832,700 " SO 337.931,,700 100212700 33,132.400 389,954,700 Feb. 6 389,392,,000 tl9,147,200i 33.507.800 390,564,900 " 13 314.628,,400 98.105,600 35,382,800 396,080,800 " 20 348,163,,800 a7,008,700 ,33,187,700 395.091.100 • 27 319.877,.000 92,31:5,600 31.157,200 390,252.100 Mar. 6 361,639 ,901) 89,732,600 31,085,701) 393,299,600 " 13 358,888, .iOO 87.2o.-i,COI) 32,191,700 395.371,800 " 20 359,685, SOO 84.169,100 31,103,000;1391,137.200 • 27 356,058, 30(1 79,084,600 28,778,700 1380,261,600 Ayr. 3 849,808, 600 78,459,800 28.211,100 370,838.000 • 10 350,138 ,700 77.483.700 31,373,600 373.205,700 •' 17 350,567 ,700 70,882,100 32,229,000 376,753,800 " 24 351,542,,800 74,712.300 32,380,700 375,197,800 1886. other t*a» V. 351.512.800 74,742,300 32,380.700 375,197,800 Total 1886. 2,858,600 2.120.000 731.000 868.800 4,115,100 908,600 3,228.3'10 The following are 9 9,861,800 716.037,847 9.801.0011 853,597,235 9,690.100 722,308,330 9,599,800 818.183,909 8,811,300 778.936,454 8,61:^,900 711,701,938 8.185.700 883.189,817 8.660.100 570,399,480 7,882,500 671,207,509 7,890,500 581,369,679 7,816,100 652,118,088 7,989,800 683.711,313 7,974,100, 639,443,411 7.916.300 580,894,951 7,892,900 593.027.447 7,911.100 514,650,841 — Following are the totals of the Boston banks L, Tenders. Specie. 9 3,632,900 3,815,900 3,745,600 3,790,700 3,801,500 3,380,100 2.3t.7,000 2,645,200 3,352.700 3,288,800 3,309,700 :<, 124,800 2,9i'9,700 2.552.300 2,365,500 2,988,400 Philadelphia Banks.— The Deposits." : Circulation Agg. Clear'gs $ 9 Jan. 9 153,703.200 10,818,600 " 18 153.702.500 10,991,100 •' 23 163,831.40(ll 11,302,900 " 30 154,058,200 11,281,100 Feb. 61 154.494.600 11,281,000 " 131 154,740,400 11,287,100 •• 20 156,474,300 11,088,500 " 27 155,201,900 11,015,500 Mar. 6 154,879,400 10.982.900, " 13 166,874,500 10.991,200 " 20 155,551,900 10,7b3.500 " 27 154,287,100 10,878,000 Apr. 3 152,702,900 10,511,800 '• 10 162,017.800 10,615,700 " 17 160,282,100 10,111.500 " 24 119,133.300 10,535,000 113, 816,900 21,203,800 111, 200.800: 21,096,900 111, 231.300 20.773.100 113, 536,200 20.669,300 115, 952,700 20,231,000 115, 793,400 19,613.200 115, 728,000 19.582,200 115, 997, (too 19,139,200 111, 638.101) 19,152.20(1 115, 271.300 la,226,600 111,,502,400 19,170,100' 111,971,100 19,055,800 110,,818,800 18,818,300 110,,275,900 18,6,)l,90O 110,,362,800 18,592,1001 109,,389,100 18,615,7001 97,246,118 85,137,669 82.868,808 77,048.736 89,310,188 77,198,185 78,530,248 87,279,067 83,823,482 76,114,636 75,328,320 73,303,998 79,777,338 64,289,139 83,130,031 67,893,183 totals of the Philadelphia banks are as follows: 1886. toon*. I Lawful Hfoney. $ '9i',73i 9 632,958 4,464,617 390,071 16 ,618] 15,880 21 ,694 17,129 3,063,170! 1,635 ,14l!l ,563,9150 3,238,899 247 ,8321 195,532 3,584,1601 3,600,.596 IWest Jersey ... March 82,404 223,500 91 ,046 209,169 371.1741 Wisconsin Cent'li2d wk Apr. 29.115 390,861 29 ,531 * Mexican currency. t Earnings of West Shore trains south of Cornwall no longer included. t And branches. & Louis 3d wk Apr. & N. MjFebrUiiry.. Union Pacltlc-...! February.. Wab. St. L. A P. j3d wk Apr. Tex. 18,624,7l)0 .. Mercantile 448,161 145,030 1,317.870 3,139,242 4,457,112 286,139 6,589,000 1,713,800 1,561.000 1.191,600 3,605,200 1,131.200 3.460,100 16,611.000 A Tr.. 1,525.000 1.118,000 273.000 3,898,500 417,800 975,600 10,374.900 587,400 929,000 585,200 83,000 132.500 617,900 303,400 401,200 3.467.000 2,576.300 976,600 3,041, 'iOO Net Deposits S 1.309,000 w.OLi.lOO Leather Manuf'rs. Seventh Ward State of N. Y Amerio'n Exob'ge. Legal Tenders. 1.2'.1,000 1,211,000 of— ..iTTtowit » i 11.193.000 10,361,000 7.665.0u0 8,949.000 12.226.600 2,756.000 9,555,300 2,5UB,000 Gallatin National.. Batchers' A Drov.. I 435,763 271,639 410,865 293,616 2,969,449 3,382,265 41,578 31,061 252,314 244,344 167,488 176,233 461,380 451,859 3,430,829 3,834,124 708,839 693,469 98,859 85,632 679,488 756,523 385,109 524,723 57,107 91,632 97,951 655,555 625,373 35,740 45.163 230,646 193,892 3,840,707 4,333,028 298,958 197,914 374,176 368,919 90,203 71,735 336,569 351,7(i5 1,154,856 l,180,(i3O 396,589 400,787 445,323 320,824 180,536 165,153 194,387 235,724 Specie. 16.... 23.... 80.... Feb. '• " " Apr. ' 82,776,'2>0 6 83,114,000 83,503,700 13 8;<,085,700 20, 20 83.377,100 83.634,600 83,251.300 83,770.800 84.299,100 27 84,90:l,100 3 81,963,100 85,300,300 88,227,100 85,111.800 27... Mar. 82,902,200 82,552,300 6 13 10 " 17 24 •Inoladlng the Item "due Deposits.* $ ,007,800 ,620,800 810.100 405,600 101,100 478,100 904,100 306.750 719,100 170.800 ,535,800 ,038,100 ,741,800 590,500 583.800 171.000 ,382,300 ,762,000 .218,100 ,981.700 730,500 704,300 815,700 .181.900 1,328,900 3,38,300 ,192.800 :;95o,9()0 ,673,900 496,600 319.600 097,100 to other banks." Circulation. Aig. Clear'gs 7,366,100 7,347,000 7.334,500 7,313,500 7.323,300 7,084,500 6.975.000 8,951,500 6.213,500 6.238.500 6,291,500 8,352.000 6,289,000 8,198,500 6,203,500 6,991,600 60.867,628 53,817,653 63,527,644 48.903,228 68,023,603 48.691,961 57,624,499 13.314,393 83,685.959 51,480,248 59.138,726 53.707,402 63,972,006 50,011,663 51,197,914 47,461.267 MJ J May ], 1 . . I I THE CHRONICLE. 1886.] 541 GENERAL QUOTATIONS OP STOCKS AND BONDS pw m w ikl<i-t. wii wtt tcevir the par onnt ralut, tM\^Mr tho hfk: •iK^i^^r othiir nii'tt nii'ir. »>,l lM \n% ina are rroquendr m»4e per shaM, Qnotatl<mii In Sov York' reprenent trto p-kr taiv tie - -"" M," for iii irttuzo; "«, "fof >tolil: ''<'<l,"for){U4r»ateed; U80(l, vl»: " The foUdWinit »hl>rovli»tlons are often •'8n(l.."Kr(eadonad "s. (.," for slnklnn fiiiiil; "l.(f.. oonaoU<lato<l ; "oonv.," foroimyortUilo „.-».. Quotations In Now York aro to Tliiiritday from otiinr oltln.i, to lute mall datea. :"... ; < ; " oou.f : ; 8nb«crlber» will conftr United Statbs Bonds. Bid. mror by nlvlnz Ask. UNITED STATBS BONDS. rb^..Q— M U2H 112>« »««, 1891 COUP..Q— M 11238 11208 J>««,1891 126^8 48, 4a, 88, 6s, 6s, 6s, es, 68, 1907 1907 U. 8 Currency, 189.5 ojitlon Ciirreuoy, 189B re(j...Q-0 coup.. .Q-J reg..Q.-F. JAJ reg reK....JAJ reK....J&J JAJ r«R 120>4 V2r>U 126^8 100% 127J« 130 132 135 rei:....J&J 137 notice of anr orror dUeoy«r«d In Hi««« ttni»tatlon«. CiTT 8BCDBITIB8. Bid. Allegheny, ra."5«,oi. '8347.. Var. 100 4%s, coup., 1885-1901 Var. 100 4s, coup., 1901 Var. 102 Allegheny Co., 58, op., 1913.JAJi 100 100 48, riot loan, S-lOs 4s, do 100 10-20a do 101 68, 10-208 4s, refunded, 5-208, 1801-1906.... 102 Atlanta, Qa.— 78 Do. 88 Aak. OiTT Baooarnas. 106 105 104 101 Bid. LoaisWlle, Ky.-78, long date*. Var.l 78, short datea Var.l long Var.l S«. 68, short Var.l 132 100 110 100 58,1890-1900 MAN 104 , I/>weU, Masa.—68,1890, W. L.MANI 111 Lrnohburg, Va.—6a J A J J A J , 88 Lv^nn, Mass.—68, 1887 FAAI 103 Water loan, Oa, 1894 JAJ 120 Water loan, 68, 1896 JAJ l'i!2 68,1905 MANI 113 Maoon, Oa.— 78 106 Uanoheater.N.H.— 6s, 18M JAJl 118 Os, 1902 JAJ 128 101 101 103 103 13S 115 112 101 106% 111% 114 104 113 121 114 124 Augusta, Me.— 6s, 1887, muil..FAAt 102 103 STATK SECVRITiB^. 120 Alabama—Class "A," 3 to 5, 1906... loo's 102 Augusta, Ga— 78 Yarloae 108 115 110 106 Austin, Texas— lOs 115 120 Class " B," 58, 1906 lii' 9i)>a Baltimore— Cla8a"C," 48, 1906 130 6s, 10-20, 1900 J & J 108 68, oonaol., 1890 Q— 109 14 109% 48, 1911 104% 105 9>« 12 Arkansas—68, funded, 1899 ..J & J 68, Bait. A O. loan, 1890 Q— 109 Vi sromphl8,Ton.— Tar.Dlat.81ielbT C o 92 98.. Q— Ill's 68, Park, 1890 7b, L. R. & Ft. 8. Issue, 1900. A A O 20 Milwaukee, Wis.— 58, 1891... J A Dl 100 7e, MemphLs A b. R., 1899. .A A O 20 68, bounty, 1893 130 78, 1896-1901 Var.t 108 24 21 78,L. R. P.B.AN.O., 1900..A do exempt, 1893 ... M A B 68, 132 78, water, 1902 JAJl 110 21>3 78, Ml88. 0. A R. Rlv., 1900. -A A O 22 58, water, 1894 JAJ 113 113% Mobile, Ala.— 3-4-58, funded.. MAN 57 39 13 7 78, Ark. Central RR.. 1900. A & O 68, 1900 JAJ Montgomery, Ala.— New 3s ..JAJ 65 75 2ifl 5 68, West. Md. RR., 1902 .... JAJ 131 78, Levee of 1871,1900 90 58, new California—68, funded debt of 1873 112»4 58, 1916 MAN Nashville, Teun.— 68, short 102 Oonneetlout— 58, 1897 M & N 102 4s, 1920 JAJ 115 110 68, long New, rog., 3>98, 1904 JAJ 103 Bangor, Me.—68.RR.,1890-'94.Var.l 110 II214 Newark—58, long 110 113 100 New. reg. or coup., 38, 1910 68, water, 1905 JAJl 123 124 68, long 120 .Var.l 117 Delaware— 68 6s, E.A N.A. Railroad, 1894. .JAJl 112 JAJ' --.. 112% 7s, long 132 Var.l 120 DlstrUt of Columbia6s, B. A Plscataouls RB.,'99.AAOt 118 118% 78, water, long 128 Var.l 124 Cons. 3-658, 1924, coup F&A 11916 ll9»i Bath, Me.— 6s, railroad aid Varl 101 102 New Bedford.Mass.-es, 1900. AAOI 135 188 119ia 1191s S-G.'Js, 1924, reg 100 102 58, 1897.munielpal 58, 1900, Water Loan A.AO 115 117 FuuiUng 58, 1899 J&JI 115 Belfast, Me.— 6s, railroad aid, '98.. i 104 106 N. Brunswick, K. J.— 7e,Tarloua... 100 101% Perm. imp. 68, guar., 1891. ..JAJt 11478 11514 Boston.MasB.— 68,cur,long,1905Varl 135 136 95 68 Perm. Imp. 7s, 1891 J.feJt USia 120 68, currency, 1894 Var. 120% 121 New Orleans, La.— I»remlum bonds. 96% "OIH Wash.— Fund.loan(Cong.)6a,g.,'92t II514 116 58, gold, long Var.l 125 1125% Consolidated 68, 1893 109 Var. 107 Fund. Ioan(Leg.) J8,g., 1902 Varl 129>4 4%8, 1908 AAO 115 117 Newport, Ky.—Water bonds 7-308.. 113 119 Market stock, 78, 1«92 Sll9 4s, currency, long 130 132 JAJ 108 109 New York city— 58, 1908 |132 Water stock, 73, 1901 Brooklyn, N.Y.— 7s, 1890 117 118 1105 106 68, 1887 '133 114 116 do 78,1903 6s, Water, 1891 1125 12« 68, 1896 131 Flonrida—Consol. gold 6s J A Jt.ll4 6a, Water, 1899 136 137 132 6s, 1901 100 "a 147 149 Oeorgia-68, 1886 6a, Park, 1924 118 119 78, 1890 155 157 133 134 78, new bonds,1886 J & J I02>a 103% 78, Park, 1915 7b, 1896 102 142 144 1031s 142 143 7a, Bridge, 1002 78, endorsed, 1886 7b, 1901 110 113 155 7s, gold bonds, 1890 7e, Bridge, 1920 Q— 157 Newton—6s, 1905, water loan.. JAJ 135 136 110 111 88,^76, '86 AAO 7a, Kings Co., 1888 5s, 1905, water loan JAJ 120 122 103 104 Kansas— 78, long JAJ 129 135 68, Kings Co., 1886 Norfolk, Va.—68,reg.8tk,'78-85.. JAJ 106 Loulsiana^New con. 78, 1914. .JAJ 85 Buflalo, N. Y.— 7s,1895 Var.t 116 118 8s, coup., 1890-93 Var. 128 72 Stamped 4 per cent 731s 128 Var.t 131 78, water, long 8s, water, 1901 Baby bonds, 3s, 1886 PAA 51% 53 6s, Park, 1926 MA SI 116 Norwich, Ct.— 5s, 1907 AAOt 119 121 Maine— 4s, 1888 FAA 101 101% Cambridge, Mass.—58, 1889... AAOI 103% 104% 7s, 1905 J.AJ 144 143 War debts assumed, 6a,'89.A& Ol 10958 109" 6a, 1894. water loan JAJ 119% 121 Orange, N. J.— 78, long 120 t 115 Maryland— 68, exempt, 1887. ..JAJ 104 68, 1896, water loan JAJ 122% 124 Oswego, N. Y.— 78, 1837-8-9 68, Hospital, 1887-91 JAJ 109 6a, 1904, city bonds JAJ * 132 134 Paterson, N. J.—7s, long Vai|12* 125* 116 120 6s, 1890 Q— 107 Charleston, 8.C.— 6s,at'k,'76-98..Q-J 88 6s, long 6s, 1890 11* 25 Q— 106 7s, flre loan bonds, 1890 .5s, long 106 16a" 3-65s, 1897 110 JAJ 109 78, non-tax bonds 4%3, long Maesacbusetts—5s, gold, 1891. AAO 111 112 4s, non-taxable 88 Petersburg, Va.—68 JAJ 108 5b, Kolrt, 1894 JAJl 117 II712 Cbelaea.Ma«8.—6a,1897, water loanl 122 125 88 J-s^iSS 5s, iioUl, 1897 M&8'12I 122 115% 120 125 Chicago, 111.-78,1892-99 88, special tax Mlcblitan- 7b, 1890 113 MAN; 112 68,1895 Philadelphia, Pa.— 68, old, reg.JAJ Mlnnesotar-New 4ia8, 1912 ..J A J1IO214 106 107 4%s, 1900 6a, new, reg., due 1895 A over. JAJ Mlasoiirl- 68, 1886 ICOI4 J A JilOli^ 3-653,1902 Var'syrs. 48, new Funding bonds, 1894-95 ....J A J'118 115 Cook Co. 7b, 1892 Pittsburg, Pa.—4s, coup., 1913.JAJ. 104 Long bonds, '89-90 J A JlHO Cook Co. 58, 1899 108% JAJ. ,114 116 58, reg. and coup., 1913 Asylum or University, 1892. J A J 112 CookCo. 4%8, 1900 IO714 107»8 117 Var. 116 68, gold, reg lOSi* Hannibal A St. Jo., 1886.... J A J 104 West Chicago 58, 1890 7s, water,reg.Acp.,'93-'98...AAO.|125 104 do jHl do 1887.... J A J Lincoln Park 7b, 1895 107% 108 58, Refunded, 1912 New Hampshire— 58,1892 110 JAJ 108 1081a West Park 7s, 1890 19l.'S ,110 do 48, Warloan, 63, 1892-1894 JAJi:il6 120 105 115 South Park 68, 1899 Portland, Me.— 63, Mun., 1895. Var.l 114 War loan, 6s, 1901-1905 JAJ 129is:i31 Cincinnati, O.—6s, 1897 MAN! 117 MAS ,124% 125 63, railroad aid, 1907 New Jersey—68, 1897-1902.. . JAJ"! 126 1136 137% Portsmouth, N.H.— 63, '93,BR. JAJ 113 114 7-308,1902 68. exempt, 1896 J,SjJ*!H8 •-• 4s JAJt 101 14 102% Poughkeepsie. N. Y.— 78, water Hew York— 68, gold, reg., '87... JAJ 101 Southern RR. 7-308, 1906... JAJt 136% 140 Providence, R. I.— 58, g.,1900... JAJ 1, 118% 1191a 68, gold, coup., 1887 130 J A J 104 MANI do 68, g.,190a 125 63, gold, 1900, water loan... J A J 128 68 goId,1891 J A J 113ii Cur. 6a, 1909....FAAt 125 do Richmond, Va.—68, 1884-1 914. JAJ 125 n5\ 68, gold, 1892 8kg. fd. 58, 1910MANt do 114 JAJ 146 8s, 1886-1909 104 104% 68, gold, 1893 AAO 118% Hamilton Co., 48 JAJ 112 lis 5s, 1914-15 Wo.CaroUna—68, old, 1886-'98..JAJ 35 103 i04>a Cleveland.O.— 7a, 1887 Var.t 103% 105 48. 6b, N C. RR., 1883-5 7a, 1894, funded debt Var. 110 J A J U 170 AAO 123 124 Booheater, N.Y.—6s 68, do 11170 J A Jt 137 140 7b, 1896, canal MASll27% 128% 7s, water. 1903 68 do 7 coupons off JAJ 140 Var. 123 6s, 1808 125 Rockland, Me.— 68, '89-99, RR.. FAA 102% 103% 6a 82 85 do 7coupon80ff AAO 140 Var.!l02 5s, 1887-89 103 8t. Joseph, Mo.— Comp'mlse 48, 1901 1021* Var.jl02 68, funding act of 1866 1900 JAJ 12 Columbus, Ga.— 78 Var.ilOO St. Louis, Mo.— 68, short 112% Var.'Ul 68, do 1868,1898AAO 12 115 Covington. Ky.— 7-30s, long 117 63, 1892 68, new bonds, 1892-8 ^'"- ,XS, 110 103 JAJ 22 7-303, short 5s, long 22 6s do Var. 103% 105 110% Waterworks, 1890.... 5s;iO-fO 12 68, Chatham RR JAD.t 104 106 AAOI 10 115 Dallas, Texas— 8a, 1904 48, 1905 122% 125 Ills 6s, special tax, class 1,1898-9AAU 10 AAO 1905 HO 115 8t.L.Co.—68, gold, 10s, 1893-96 6s, do class 2 100 105 Water, 6a, 1900 Currency, 7s, 1887-'88. .Var. 104 108 68, do W'n N. C. RR.AAO Detroit, Mich.- 7a, long Var.t 120 St. Paul, Minn.— 68, long 115 68, do Wll. C. &R.. AAO .. .. Var.l 126 78, water, long 78, long J.... 110 4s, new, cons., 1910 Var. J A J 94's Elizabeth, N. J.— New 43, 1912. JAJ 71 75 88. 1889-96 6s, 1919 118 119 Fall River, Mass.- 6s, 1904. ..PA Al 130 131 Salem, JIass.— 68, long, W. L. AAOI 126 123 IZO 122 OhloG8,1886 103 JAJt J A J FAAI 108 110 5s, 1894, gold 58, 1904, W. L Penna.— 58,new, reg., '92-1902. FAA H914 119% Var. 118% 58,1909 FAAI 115 117 Sa'n Francisco— 7s, school 112% 48, leg., 1894-1904 FA A 110 Pltchburg, Mass.— 6s. '91, W.L. JAJl 1 1 112 6s, park impr. of 1872 99 101 48, reg., 1912 FAA 119 Galveston, Tex.— 88,1893-1909..M A3 103 105 Savannah funded 5s. consols nil* 110% Rhode Isl'd— 63,1893-1, coup. .JAJ 120 JAD 95 100 SomervlUe, Mass.—5s, 1895.. AAO 58, 1920 South Carolina— 68, Act of March ? AAOI 119 121 105 115 Hartford, Ct.— City 68, var. dates 58, 1905 6\ 132 134 23,1869. Non-fundable, 1888.. 5 Capitol, untax, 6s 122 125 Springllold, Mass.—6s, 1905. .AAOI Brown consols AAOI 140 142 109ia 11034 102 105 Hartford Town 4%8, untax 78, 1903, water loan Xtonneasee 63, unfunded 5314 Haverhill, Mass.—68, 1889... AAOI 106% 107% Toledo, O.— 7-308, KB., 1900.M A N 57 Oomproniise bonds, 3-45-68, 1912 66 Var.l 68 HI 113 Hobokeu, N. J.— 58, long 8b, 1893-94 Bettlement, 3s 71% 6s, long 115 117 Washington, D.C.—<$c« Diat. o( Col. 106 Texas- 6s, 1892 122 124 MAS! 112 114 Wilmington, N.C.—68 78, long 78, gold, 1892-1910 ijif MAS) 125 Houston, Tex.— 10a 35 40 8a, gold, oott. on 119 7s, gold, 1904 JAJl 133 140 35 6a, funded 40 Woroester, Ma88.-68, 1892...A*Ol|114 Vermont—68, 1890 109% 111 lndianapoUs,lnd.— 7-30s,'93-9, JAJl 110 J ' ''^^9 JAS, 130 5s. 1905 AAO,108% 110 Virginia—68, old, 1886-'95....J A J 44 Jersey City— 68, water, long, 1895. .1108 110 48, 1905 68, newbonds, 1886-1895...J A J 41 RAILKO.VD BONDS. 7s, water, 1899-1902 JAJl 120 122 68, consols, 1905. ex-coup (Bonds of companies amtolid'Ud »M JAJ 59 113 7s, Improvement, 1891-'94... .Var. 1 10 68, oouBol., 2d series befoun'l umUrtheeontol'd name.) JAJ 65 .I,fcJlll8 120 78, Bergen, long 1X4 6«, deferred bonus 9% 10 Hudson County 5s, 1905 MAS 112 114 Ala. Gt. Southern— Ist mort., 1908; 113 Tax-receivableooup8.,fromoon8'ls 47 Uby A SuB(i.— Ist -M., 79, '88-..JAJ 108% 47% Hudson County, 68, 1903 JAJ|124 Do CoUBol. mort., 78, 190e,guar..AAO ...., from 10-408. 45 48 Hudson Coimty 7s, 1891 JjcO 113 115 Funding bonds. 3a. 1!)32 Consol. mort., 68, 190(>. gu;»r. AAO 120 JAJ 64'b 66 Bayonue City, 78, lonif JAJ 112 Crr¥ SECUUITIES. 12614 i41l6Kh.Val.—Gen. M.,73-103..JAJ |121 I,awrence, Mass.— 68, 1894...AA Ot I'iO AAOi.... Albany, N. Y.-6a,long....Varloii8l 115 BlSt.erten. .M., 78, 1910 AAO 126 128 6s, 1900 16 AAO .... 78long Income. 78. end.. 1894 i!l29 Long Island City, N.Y— Water.7a.'95i !01 106 Currency, 1R97 (MrriMirv, 189S CurriMioy, 1899 Waterworks MAP AO JAJ , 1 F&A MAN 1 JAJ I I - AAO 1 AAO I AAO AAO AAO . j I ' , — , An I < . ' Price nominal: no late tram vjcious. 1 PuroUaier also p lyi iworued fnter.nt. t In London. J Pact being redeemed. It CoUt>oas on sluoe '69 PJ F F THE CHRONICLE. 542 [Vol,, all. GENERAL QUOTATIONS OP STOCKS AND BONDS— Continued. For Explanations See Notes at Head of Plrst Page of Quotations. Bid. Railroad Bosds. Railroad Bonds. Ask. Bid. Ask. S71 74 31 Railroad Bonds. Bid. Ask. CiuSand.&Clev.- 7s.l887,extM&S.!ll03 103 Consol. mort., 78, 1890 J&D 1105% 106 99^8 Cin.&Sp.— 78, C.O.C.& I., 1901.A&0 112 9413 96% 78, gu.-vr., L.S.& M.S., 1901.. A&O 115 J&J 1113% 114 Ciu.Waah.&B.— l8t,gu,4%s-68M&N 105 A&O U05 05 Che8hire-69, 1896-98 69, 1909 (Istraort.) 2d mort., 58, 1931 9914 Chic. & Alton— 1st M., 7s, '93. .J&J 120 65 J&J 64 M&S 99 5b, plain bonds, 1920 124 126 1903. .J&J mort., 34 3d gold. llOQij mort., g., 3a-48, 35 100% 68. 1931. .F&A SterUng A<sO 4ifi3, 1920 Income Ss. 1931 16 Bds. Kan. C. line,6s,g.,1903.M&N 124 Florence* El Dor'do,lst.78. A&O H12 Scioto & Hock. V, lat, 78.... M&N 129 Miss.Riv.Bridgc, lst.,8.f.,6s,1912 1031s K.C.Topeka&W., let M.,78,g.J&J tl2 Bait. Short L., Ist, 78, 1900.. J&J 115 Louls'a& Mo.K.,lst,78,1900F&A 119 Income 78. A&O tllS 1181s do Clev. Col. C. & I.— lat, 78, '99. M&N 127 2d, 78, 1900 MAN do 1271a N.Mex.&8o.Pac.,l8t,78,1909 A&O 127 119 Consol. mort., 78. 1914 J&D U25 128 St.L.Jack8'v.& C, l8t,78,'94.A&0 Pueblo & Ark. v., Ist, 7s, g.,1903. 12d 127 IO6I2 l8tguar.(564),78,'94A&0 Cons. 8. F., 78, 1914 107 do J&J Sonera, 1st, 78. 1910, guar.. J&J Gen. con. 6s, 1934 do 2dM. (360), 7s, '98.. J&J J&J 101% 101% Wiclilta&S.W.,lst,78,g.,gua..l902 '117% 118 125 14 BeUef. & Ind. M., 78, 1899. ..J&J do 2dguar.(18S)78,'98.J&J Atlanta & Cliarlotte Air L.— l8t,79 125 Clev. & Pitta.^th M., 68, 1892.J&J Chic.& Atlantic— 1st. 68,1920.M&N 104 105 Income, 68 F&A 87ifl Consol. S. P., 78, 1900 M&N 131 2d, 6s, 1923 Atlantic & Pac.-l8t 68,1910;.. J&J 23i« Chic. B. & Q.— Cons., 78, 1903.J&J 135 136 Clev.& M. Val.— 1st, 78. g., '93. F&A 22 J&J Uxoomes. 1910 tl04 105 J&D Columbia & Gr.— lat, 68, 1916. J&J 108% Bonds, 58, 1895 06h! 100 Central DiviBlon, old, 6s A&O 108% 109 2d mort., 6s, 1926 76 A&O 96 58.1901 new 68 do M&N 109 109% Col. Hock. Val. & Tol.— Consol. 5a. 85 se's 21 17 5s, debenture, 1913 do Land incomes, 1901. A&O 109% 110 Col.&Hook.V.— l8tM.,78,'97.A&0 1113 58, 1919, Iowa Div A&O 105 106 Baltimore & Ohio -New 48 A&O 100% do 2d M., 78, 1892. J&J '105 do F&A IO9J3 110% 48,1919, 68 gold, 1925 F&A 09% 113 Col. & Toledo— l8t mort. bonds .. tll4 48, Denver Div., 1922 J&D Bterlmg, 58, 1927 95 95% tl02 M&S do 2dmort 48, plain bonds, 1921 M&S 112 114 Sterling, 68, 1895 123 Ohlo&W.Va.,l8t,8.f.,78,1910M&N 1 107 Bur. & Mo. R., I'd M., 7s,'93.A&0 tll8% 118% Sterling mort., 68, g., 1902.. M&S tl21 128 Conv. 8s.'94 ser.JAJ i. Col.Springf.&C— lst,78,1901.M&S HO 11019 do do 68, g.,1910.M&N 126 21 121% Col. & Xehia-lat M., 7a,1890.M&S HO9I4 Bur.&Mo.(Neb.),let,6a,1918.J&J Parkersburg Br., 68, 1919. ..A&O 122 do Cons. 6s, non-ex.. J&J 1110 110% Conn. &Pas8iimp.— M.,78, '93. A&O tl20 126% Bait. & Pot'o— Ist, 68, g., 1911. J&J 121 )9a 96% Massawippi, g., 68, gold, '89 J&J 1103% 104 1910... (Neb.), J&J 123 48, do l8t, timnel, 68, g., g'd, 1911. A&O Conn. West.— lat M., 7a, 1900. J&J 10 20 do Neb.RR,l8t,7s,'96A&0 H15 116 Bell'8 Gap— I8t, 78, 1893 J&J 1122 122% S.\V.,lst,88,J&D Connecting (Phila.)— Ist, 68 ..M&S 122 Om.& do F&A Ist, 6s, 1905 112i< 112% Consol. RK.oi' Vt., lat, 58, 80% 81 ni. Grand Tr.. Ist. 88. '90. ..A&O 1913.J&J Consol. 68, 1913 A&O 106 Cumb. &Penn.— I8t68, '91 Dixon Peo.&H., Ist, 88,1889. J&J 1110% 111 M&8 Belvldere Del.— lst,68,o.,1902.J&I! 120 130 103 105 2d mort. 68, 1888, M. & N Ott. 08W. & Fox R., 88, 1900. J&J tl29 F&A 101 3d mort 68, 1887 1112 119>4 l8t,8a,'90.J&J 1121s 1119 Wars'w, Cumberl.Val.— Quincy& Ist M..8S.1904.A&O Boston&Albany—78, 1892...F&A 130 Dayton & Mich.— Consol. 5s Atch'n & Neb.— l8t, 78, 1907 M&S 1129 J&J 'HO J&J 111914 1191a 6s, 1895 103 103% IO312 nhlc. Burl. & Nor.— 58, 1926 3d mort., 7a, 1888, now 2d. A&O 1105% BoBt. Ccnc.& Mon.—8.F., 6s,'89. J&J 103 20 25 Dayt. & West.— lat M.,68, 1905. J&J 1 115 Chic. & Can. 80.— Ist, 78, 1902 A&C CouBol. mort., 7s, 1893 A&O 1113% 114 IO4I4 104 1071* tl07i4 Ss. Weat'u.— let, City & Ist mort., 7a, 1905 Kan. Chic. J&J 1122% 125 Consol nioit.,68, 1893 A&O 121 36 Delaware— Mort. ,68, guar. ,'95 J&J 116 117 Chic & East 111.— lat mort. 68, 1907 35 Boat. Hart.& E.— Ist, 7s, 1900. J&J 131 90 1907 bonds, Del.& Bound B'k— 78,1905F&A Income lat, lBtmort.,78, guar J&J 114 A&O Del.Lack.& W.— Conv.78,1892 J&D 116 Soston&LoweU— 7s, '92 A&O tll8 US'* lat, con., 69, gold, 1934 95 190 III9I3 119% mort.. 1900 Trunk1st Mort. Cliic. & Gr. 78. 1907 M&S ISB'b 6s, 1896 J&J Den.&RioG.— l8t,78, g.,1900.M&N l''22% 5s, 1899 J&J tll3V US'* Chie.& Mlch.L.Sh.— lst,8s,'89.M&S 1109% 111 104 100 14 104 14 Paul— Ist consol. mort. ,78, 1910 Chic. Mil. & St. J&J 48,1905 M&S General mort., 58, 1913 A&O 34 40 P. du C. Div., 1st, 8s, 1898. F&A 136 4IS8, 1903 M&N 110 no's 123 127 128 ''4% 1121% 14 Denv.&R. G.W.— lat, 6a, 1911.M&S 73 P. D., 2d M., 7 3-lOs, 1898. .F&A Boston & Maine—7s, 1893-94. J&J I2214 J&J 134 Dcnv.S.P.&Pac- l8t,78,1905 M&N 81 85 Ist, $, gold, 78, 1902 Host. & Providence— 78, 1893. J&,T 1122 J&J 123 124% DesM. &Ft. D.— 1st, 68, 1905.J&J 86 La. C, IstM., 7s,1893 Boat.&KeveieB'h- l8t,6s.'97.J&J 111914 120>s 10 38 J&J 127 do incomes I. & M., 1st M., 78, 1897 Bradford Bord. & K.— 1st, 6s, 1932 10 84 I'a. & Dak., l8t M., 78, 1899. J&J 126% 1st mort., 68, on extension Bradf.Eld.&Ciibar-l8t.68,1932J&J 120 Haat. & Dak., lat M.,78, 1910.J&J 127% 128% D.)t.&B.C.l8t,88,en.M.C.1902M&N 118 BklynBath&C.I.-l8t,68,1912.F&A Is 99'4 100 Det.G.Haven&Mil.— Equip.6a,1918 tHO 118 Chic. & MU., Ist M.,78, 1903.J&J 130 Brooklyn Elevated— 1st mortg 133% Con. M., at tiU'84, after 6*.. 1918 )113 115 lat mort., consol.. 78, 1905. .J&J 133 2dniortg iBt M., I. & D. Ext., 78, 1903J&J 13218 132% Det. L. & North.- l8t,78, 1907.J&J tl23% 124 Buft. Brad.& P.— Gen.M.78,'96.J&J 105 60 70 Det. Mack.& M.— lat, 68,1921. A&O lat M.,6s, S'thwest Div.l909J&J 119% Bnft.N.Y.&Erle-lst. 78, 1916. J&D 137 140 43 11% 25 Land grant 3%B, 8. A., 1911 Ist M., 5s. La 0. & Dav.l919J&J 106% Buft.N.Y.& PH.- l8t,6s,g.,1921.J&J 118 J&J 80. Minn. Ist 68,1910 Dub. & Dak.— l8t M., 6a, 1919-J&J 2d mortgage, 78, g., 1908... Q—M Dub. &S. City— l8t,2dDiv.,'94. J&J Chic. & Pac. Div. 6s, 1910 ...J&J 122 Gen. M., 68, 1924 M&8 Dunk. A. V.& P.— l8t,78,g..l900J&D 110 do West. Div., 58,1 921. J&J 105 106 Buff.Plttsb.&We8t.-68,1921A&0 40 35 Mineral Pt. Div., 5e, 1910. ..J&J East Pcnn.— lat M., 7a, 1888 .M&S 110 Pitts. Tltusv.& B.— 78,1 896F&A 103 Chic. & L. Sup. Div., 58, 1921J&J i'0'5' E.Tenn.Va.& Ga.— 1st, 78,1900 J&J 122 OU Creek, IstM., 68, 1912. A&O 81 37 J&J 105 83 Wia. & Minn. Div., 58, 192 1 Ist mort., consol., 58, 1930 ..J&J Union & Titusv., Ist, 78, '90. J&J 74 104% Termlnla as, 1914 J&J 105 ex coup's 9 to 12... 75% do Warren& Fr'kln.l8t,7s,'96FAA 19% 20 14 Dubuque Div., Ist. 68, 1920.J&J 119 120 Income, 69, 1931 Bofl.A Soutliwest.- 6e, 1908.. J.&J 107 Wis. Val. Div., Ist, 68, 19'20.J&J 106 Divisional, 53, 1930 J&J IO314 Bur. C. R.&N.— lst.58,new,'06.J&D 1091a llQis 105 Fargo & South.- 6e. ass. 1924. J&J E. Tenn. & Ga., Ist, 68,'83-86. J&J 100 Cons.lst &C0I. tr., 58,1934. .A&O 142% 143 Chic.&N.W.— Consol., 78,1915.0— E.Tenn.&Va.,end.,69. 1886. M&N 11)0 Minn. & St. L., Isr. 78, guar. J&D 140 J&J 97 Consol., gold, 7a, op., 1902. .J&D 136 Ala. Cent., Ist, 68, 1918 O.Eap.I.F.& N.,l8t,6s.l920.A&O no J&D 136 do Ist, 58, 1921.... A&O do do reg Ea8tom,Ma88.— 68, g.,1906. .M&S 1126 1-26% 126 Sinking fund, 68, 1929 Sterling deba., 68, g., 1906.. M&S U2'J OaUfor. Pac— 1st M., 78, g.,'87. J&J 100 A&O 118 10814 Eliz. City & Nor.— S.P. deb.,68.A&0 95 68,1929 2dM..68, g.,eudC. Pac, '89.J&J do A&O 90 debent., 5e,1933.M&N 108% 109 M&S 45 do Ist mort., 68, 1920 8d M. (guar. C. P.), 68, 1905. J&J 50 25-vr6. deb. 5is 1909 M&N 10S>4 Elizab. Lex.& Big 8.— 6a, 1902.M&S 103% 104 do do 38, 1905. J&J CallfomiaSo.— Ist, 68, 1922... J&J Esean.&L.Siip., Ist, 68, 1901.J&J 116 Elmira&W'mspt— lat l>a,1910.J&J 122 130 137 M.& Minn's, A&O 109 Camden & Atl.— l6t,78, g.,'93..J&J Des lst.78,1907.F&A 58, perpetual J&J 105 2d mort., 6s, 1904 A&O Iowa Mid., lat M., 88, 1900. A&O 135 Erie & Pittsb.- 2d, now lat 114 126 Peninsula, Cons. Cs, 1911 1st, conv.,7s,'98.M&S Cons, mort,, 7a, 1898 J&J 112 J&J Oam.&Bur. Co.— IstM., 6s,'97.F&A Chic. & Mil., Ist M., 7s, '98.. J&J 126 A&O 100 Equipment. 78, 1900 IO6I4 1061s 116 Mil. & Mad., lat, 68, 1905. .M.&8. Oenada So.— l8tM.,guar.,1908,J&J Evanav. & Crawf.— Ist, 78, '87.J&J 100 2d mort., 58, 1913 M&S 86I4 8714 Madison Ext., Ist, 78. 1911. A&O 1132% Evans. & Ind.— l8t, guar., g, 63,1924 100 107 Menominee E!Ct.,l8t.7s,191 tl32% 116% Carolina Cent.— l8t,6s,g.,1920.J&J 1 J&D Evaus.& T.H.,l8t con.,6s,1921,J&J Northwest.Un., l8t.7s, 1917. M&S 1133% A&O 107 2d, inc.. 68. 1915 A&O 70 Mt. Vernon— 1st, 6s 135 104 104 105 g.M&N Catawissa-Mort., 7s, 1900.. .F&A Wlnona&St.Pet.— lst,78,'87.J&J 3e Evansv.T.H.&CUl.— 1st, 6s, do 2d M., 78, 1907. M&N 135 A&O 1112% 113 Cedar F.&Min.— 1st, 78, 1907. J&J 120 Fitchbure— 58, 1899 A&O tll4 115 Cedar E. & Mo.— Ist, 78, '91. F&A till 112 Ott. C. F. & St. P., ?i8, 1909. .M&S 10811 5s, l'JOO-01-02 North. Ills., Ist, 5s. 1910... .M&S 107 A&O 1120% 121 let mort., 7s, 1916 M&N 128% 129 68, 1897 122 1121% A&O 112314 123% 2d mort.. 78, 1909. quar Chic.R.I.& Pac— 6s,1917,coup J&J 132% J&D 78.1894 Cent. Br. U. Pac, lata. 6s, '95. M&N 112 6s, 1917, reg Flint & P. Marq.— M. 6e, 1920. A&O 117 J&J 133 104 Fund, coupon 7s, 1895 Exten. & col. 5s. 1934 111% MAN Holly W. & M., lat, 8s. 1901. J&J J&J 105 Atch.& Pike's P'k, Ist. 68, g. M&N Chlc.&S.W..lst,78,guar..'99.M&N Ft. Madison &N. W., 1st 78, g., 1905 88 105 109 89% Atch.Col.&Pac.,l8t,08,1905Q.— Chic &St.Louia— l8t68, 1915,M&S Ft.Woith & Denv. C— lat, 6a, 1921 105 Atch.J.Co.&W.,l8t,68,1905.Q,— 101 Chic St. L. &P.— Ist, 58, 1932. A&O Frem't Elk'n& Mo.V.— 6s,l933A&0 1124% 127 1122% 113 Cent, of Ga.— 1st, cons., 78, '93. J&J 1151s Unstamped.. 122% Chic. & Gt. East., lat, 78, 93-'95. 100 do do Certificates of indebtedaesa, 68.. 114 Col.&Ind. C.,lstM.,78,1904.J&J tl22 Qal.Har.&S.A.— lst,68,g.,1910F&A 110 Cent. Iowa— New 1st., 7s '99. J&J J&D 118 120 do 2d M. 78,1904. M&N 107 2d mort.. 78. 1905 32 Inc. bonds," debt certs.", 78,A&0 Un.&Logan8p.,lst,78, 1905.A&O tll5 Weat. Div. Ist, 58, 1931. ...M&N 100 69 88 65 Eastern Div., Ist, 6s, 1912. .A&O Cin. & CTiic. A. L., 1886-'90 do 2d, 68, 1931... J&J Ilia. Div., 1st, 6s, 1912 A&O 63 A&O 66 CliicSt.P.Min.&Om.- Con. 68, 1930 122% Gal.Hou8.& Hen.— l8t,5s liiis Oent'l of N. J.— 1st M,78,1890,F&A 1101< Oh.St.P.&Minn. l8t,68,1918M&N 130 132 JM Georgia^78, 1883-90 78, conv, 1902, assented M&N 114 North Wise, lat 68, 1930 J&J 105 107 132 J&J 68, 1889 Con80l.M..78,1899, assented. Q— 113 114 St. Paul&3.Clty,l8t68,1919.A&0 127 Georgia Paclflc-lBt, 68, 1922. J&J 109 111 48 Adjustment bonds, 78, 1903M&N lOsia 110 50 Chic. & Tomah.— 68 2d mort 82 Conv. deben. 6s, 1908 M&N Chic.& W.Ind.— S.fd. 68, 1919 M&N 110 Qr.Rap. & Ind.— lat, l.g., g'd, 7s, g. 1124 126 Income bonds, 1908 M&N Generalmort., 6s, 1932 109 111 lat M.,7s, l.g., gold,ndt guar. A&O 1115 Q—M 97 100 Am. Dk.& Imp. Co.. 58,1921 .J&J 96 Cin. Ham. &Dayt.— Consol.SsA&O tllO Ex land grant, lat 7a, '99 92 lieh.&WUkesb.Coal.inc'SS.M&N Consol. mort., 7s, 1905 M&S 80 81% Consol. 5e, 1924 127% A&O 1 niij Consol., 78,gold,1900,a88'd.q-M 102 do 6s, 1905 Gr.B'y W.&St.P.— lat,68, 19 1 1 F.&A 100 A&O 1116% 109 Cent. Ohio— 1st M.. 68, 1890.. M&S 33 39 Cin. H. & L, l8t M., 7s, 1903.J&J 1116 117 2d, incomes, 1911 Cent. Pac— 1 st, 68, gold,'95-98 J&J 115% 116% Cin. & Eastern— 1st, 78, 1896 J&J 124% 40 Gulf Col. & 8. Fc— lat, 78,1909 J&J S.Joaquin, IstM., 68, g.l900.A&0 11,9 A&O 10314 103% 2d mort., 78, 190U 2d, 68, gold, 1923 26 Cal. & Oregon, 1st, 68, g.,'88.J&J lO.Jia Consol., gold, 68, 1912 Han. & St. Jo.- Con. 6s, 191 1 M&S 121 121% 5 92% do series B, 6s, 1892 105 tin. I. St. L. & Chic— Con. 68, 1920 1112 Ho'st.E.&W. Tex.— l8t,78,'98.M&N Cal.&Or.C.P.bond8,6s,g.,'92J&J J&J Cin.& Indiana, Ist M.,78.'92.J&D t 112 2d, 68, 1913 Land grant M., 68, g., 1890. A&O 101 103% do 2d M.. 78,'87-92.J&J 1110% 111 H.& Tex.Cen— lat m.,78,giiar.l891 5105 West. Pacif., Ist, 6b, g., '99. .J&J 111 100 Indianapolis C. &L., 7s of '97 1131s West. Div., Ist, 7a, g., 1891 .J&J 496 116 t... Oharl'te Col.&A.— Cou8.,7s,'95.J&J 115 Ind'apoli8& Cin., l8t,78,'88. \&6 tl05% 106 Waco &N.W., lat, 78,g.,1903.J&J 5101 2d mort., 78, 1910 A&O 76% 80 Cin. Laf.&Ch.— l8t,7s,g.,190l.M&S 1116 A&O 1091s Cons, mort., 8s, 1912 Oheraw &Darl.— l8tM.,88,'88.A&0 104 56 Cin. Northern.— Ist, 68, gold, 1920, A&O 35 Gen. mort. 69, 1921 40 2d mort., 7a 102 Cin. Rich. & Chic— 1st. 7s, '95 J&J )114 Bunt. & Br. Top -1st, 78, '90.. A&O 111 Ohes. & Ohio— Pur. money fd.,18P8 112 Cin.Rlch.&F. W.— lat, 78, g. J&D 1114 F&A 1895 mort., 2d 78, g., B«ri<v» A. 1900 1109 A&O Cin. Sand'ky & CI.— 6a. 1900 F&A 1102% 103 A&O 96 98 Cona, 3dM. 5a, 1895 Ches.&O.— 88,g.,8or.B,int.dcf.M&N A.tcli.ToD.&a.Fe— l8t,7s,g.,'99.J&J >126is 127 68, currency, int. def., 1918.. J&J A&O (125 126 land grant, 78, g., 1902 A&O. IO8I4 108% J&D 68. 1911 BlnkluB fund, 6s, 1911 Ches.O. &S.W.— M. 5-68, 1911. F&A Guaranteed 7a. 1909 . J&J&A&O 122 125 1 1-; t 1 1 UU . 1 . — . . . . . . , . . . . . . * Price uomioal; no late traosaotioiis. t Porohaaer also pays aoorued interest. ] la London. i Coupon oU. MJJ Mat 1, FJ . THE CHRONICLR 1880. J 513 GE>JERAL QUOTATLOy.S OP 3T00K3 AND BUND.S—Continobd. Por B»pUnatlon» Sea Note* RAILROAD Bonds. 111. CiMit.— iHt M.(nilc.&8j>r.'98JAJ l«t. Kolil.Jn. liWl Mlilille Dlv. tvii. 38, 1921... BtorliiiK. a. K., an, K.. 1903. Ask. Metrop'n Bl,— 2d Os, 1800.. ..MAN 108l« Mcxleun (Jnnt.— Ist, 7», 1911. .JAJ Sealed 48, 1911 JAJ 111 lOCOIIII'S 117 Deliiiiture 108, 1800-9."« AAO 113 Berlp 108, 1889 JAJ 130 J Mexican Nat.— lat, Oa, 1912 ..AAO Mloh. Cent.-Coimol., 78, 1002M AN JAJ 108 ViiA .A&O MAN Ten. Hen, 7k, 1897 68, lO.")!, Kol'l J&D Pasa or <|aatatlona. FIrat Bid. J&l) 1907 Head of 120>4 tl09 Stirllmt. ifon. M.,Og, k., 189ft.A&0 !115 J&D :iii Bterllnir. Sh. lao.-i Cliio.SI.&N O.-lBt 00U.7B, 1897 art, Ok. at &AILROAD BONOt. Bid. MAN 100 Ml88. Ceil., 2il iiiui't., 8s ... N.O.,7Hck.A(it.N.,l8t,88.'86JAJ flOl 2il M.,H8, !>0,ett8.A&O 113 do A&O 112 2rtinort.debt do Ind. Bl. & W.-l8t, pf.,78, 1900J.feJ 120 A&O 101 l8t mort., a-O, 1909 2d mort.. ,">-(>, 1909 AAO 83 6s, 1909 5s, coup., 1931 68, reg., 1931 BAILROAD .V.Y, Phil {40 371a 69 70l« 23 13 132 Im 42 SUis 8i8 .V 70 mi MAS MAS MAS Ut. 6s, 101 Del ><m MIdlMiif .N. N. Y, WiMHl.A Ut,<l8.1!l|<' 71 k 2il Irie 24 >4 Norf'kAW.- (ien'l .M.,flN.l!»;il 133 New River lotOs, 1932 ... .A.tu lllii Imiir. A Kxti^n., fia. 1934. ...KAA 111141 Adjiwtinent 78, 1924 O.— M. , 11014 <;ouv. deb., ««, 1894 101 115 NorrkAPeter8t).,2d,88, 'OS.JAJ 1091a Ask. '108 1:1. N.Y..-- BH' Bid. BOKOfl. Nnr, -l8t, 1923 .J.V.I I'j; I Consol. 58, 1902 111 let M. on Air Line, 88, 1890. JAJ Air Line, Ist M., 88, guar.. .MAN 1110 Gd. Klv. v., l8t 88, KUar.,'86.JAJ 1100 I16>8 Ask. 87 87i« »'J JAJ 113 BouthSlde,Va..l8t,8s,'84-'00.JAJ do 2rt M.,ext.,1899.JA.r '10^ 109 do 3d M.. 68,'86-'90.JAJ 1105 KalamazooAH. IL,l8t,8s,'90.MAN I109»s llOis Va.ATenn.. 4th M.,88, 1 900. J.tJ 1128 Sill J.L. A Sag.North Ext.,8a, '90.MAN do extonde<l 5a,1900.J.VJ 10.^ 34 do Xncome, 192 1 Coiia.l8tM.,88,'91.MAS 1117!^ lis North Carolina— .M.. 88, 1888. MAN 106 110 102^ £a8t.Dlv..l8t mort. 68,1921. JAD do 68,1891 MAS 105 North Penn.— 2a,78, 1896. ...MAN 1271* 130 1071a Joliet A N.IniI.,l8t,78 (gimr.M.C.) 120 Ind. Deo. ASp.— lat, 78, 1906. AAO Gen. mort., 78, 1903 JAJ 134 Mleh. A Ohio-lst, 6s, 1923 ..MAN 2d mort., 58, 1911 JAJ Now loan, 6s, reg., 1905 HAS 113 33 95 2d, Income, 1906, Fr Co. cert. JAJ Midd. Un. A Wat. Gap- Ist mort Northcast.,8.C.— l8tM.,88,'99,MAB! 133 New l8t mort. 68, funded 2d mort. 58. quar. N.Y. 8. A W. 621a 70 2d mort.. Sa, 1899 MAS 133 Ind'iioli8,t St.I,.— lst.78,1919.Var I112>« MI1.L.8.AW.— l»tM.,6a,1921.MAN 120 >s Northern, C»l.— lat, 6s, 1907.. JAJ 1151s iia Mich. Dlv., Ist, 68, 1924 Ind'iipoliBAVlii.— l8t,78,1908.FAA 1120 Northern Cent.— 4 is per cent. .JAJ 107% JAJ 115 2d mort.. 6s, R., KUtir., 190O.MA.\ 1102 "a Ashland Dlv., Ist 63, 1925. .MAS 3d mort., 68,1900 AAO 121 104 108 lat, incomes Int.AGt.North.— l8t,68,1919.MAN 117 Con. mort. ,68, g., coup., 1000.JAJ 122 t22>« 88 la 108 109 Coup. 69, 1909 St. P. E. A Or. Tr'k, Ist, guar., 68 mas' -•-. 113 Os, g., reg.,1900 AAO 112i« Mil. A No.— 1st, 105 Ionia A LaMHin»<— l8t 8s, '89. .JAJ 1 1 ^s Mort. bds., 5a, 1926, series A JAJ 109 >s 68, 1910. ...JAD 103 14 Iowa CltyA West.— l8t,78,1909.MAs[ HO 1st, 68, 1884 1913 lOSis do JAD series B 136 I'a Falls A Sioux C.—l8t,78,'99AAO I132>s i33' Mlnn'p. A 8t. L.— Ist M., 1927. JAD 135 Con. mort, stg. 68, g., 1904. .JAJ 115 117 93 Jeflerson— Hawl'y Br. 78, '87.. JAJ l8t M., Iowa CityA W., 1909. J AD 125 Northern, N. J.— lat M. 68, '88 JAJ ' 1 00 102 1st mort., 78, 1889 2d mort, 78. 1891 JAJ 104 North. Pac, P. D'O Dlv.—6e, .MAS. '04 JAJ 102 104% Jell. Mad.A Ind.— lat, 78,1906. AAO 114 Southwest. Ext., lst,78,1910. JAD Mo. Div. 6s, 1919 MAN 10618 2d mort., 7a, 1910 Pacific Ext., 1st, 6s, 1921.. AAO 109 JAJ 117 Gen'l 1. g., Ist, 6a, 1921 JAj' 115% lie 99 Junction (PliU.)— lst,4ifla,1907 JAJ 110 Imp. A Equip. 68. 1922 Gen'l 1. g., lat, 68, reg JAJ JAJi 114% 115>a 2d mort.. 68, 1900 1021s AAO 113 Minn. A N. W.-lst. 58, 1934.. JAJ 101 Gen. land gr.,2d, 68, 1933... AAO| 93 •< 94 Kaii.C. Olitit'n A 8prim;tteld — lH.5a 101>s 105 Mies.ATenn.— IstM., 88,8erle8"A" 119 1'20 North. Pac. Ter. Co. -l8t,68,'33.JAJ lom 104% K.C.Ft.ScottAO.— lat,78,1908JAl> ins nsia 88, Beries"B" JAJ 1061s 1071a, James Rlv. Val.— l8t,g.,6B.'36JAJ 105 Pleas. Hill A De Soto, l8t,7s, 1907 tI28'9 12914 Mo.K. AT.-C(ms.asa., 1904-6.FAA 1131s 1141a Norw'hAWorc'r— 1st M., 68.'97.JAJ 1119% 120 Kansas C. Lawr. A 80. Ist, 6s. 1909 1113 114 931a OKd'nsb'gAL.Ch.— 1 st M.6s,'974AJ 1105 Consolidated Gs, 1920 103>9 JAD 93 78 K.C.St. Jos. A C.B.— M.78,1907. JAJ 1261s 127 1« Consolidated .58, 1920 Sinking fund, 8a, 1890 JAD 78 MAS 1100 112 111% 1st, 6a. g., 1899. (U. P. S. Br.)J A.I 105 K.C.Spr.&.Mem.-lst.es, 1923. MAN Conaol. ,68, 1920 AAO 96 07 Kentucky Central- 68, 1911... JAJ 29 Boonev'oB'ge,78,guar,1906.MAN Income, 38 A 681920 80 Stamped Is, 1911 Ills Han. A C. Mo., lat 7a, g.,'90.MAN 114 115 Ohio Ceu.—Rlv. Div., let, 6s.. 1922 J&J 68^8 70 105% KeokukADes M.— l8t,58,(fuar.A AO 109 110 1% Mo.Pac— do lat mort.,68,gld,'88, FAA Income, 68, 1922 94I3 951s Knoxv. A Ohio Ist. 68, 1925.. .JAJ Conaol. 68, 1920 MAN 11^ 113 OhloA Miss.—Cons. 8.F.7b,'98.JAJ 122 97 95 UErle A West'u— l8t,68,1919.FAA 2d mort., 78, 1891 Cons, mort., 7a, '98 JAJ JAJ 120 124 30 24 115 Income, 78, 1899 Car. B., l8t mort., 68, g. '93..AAO 2d mort., 7a, 1911 AAO 85 Baudusky Div., 68, 1919 ....FAA lat gen, 5a, 1932 3d mortgage, 7s, 1906 MAN 122 93 JAD 19 96% 99 do income. 1920 Income, 78,1892 l8tmort.,Sprlngf.Div.,1905 MAN MAS S2ia 102 Lft/.Bl.AMun.,l8t, 68,1919. MAN 100 Ohio Southern— lat 6s, 192 1 .JAD 104 105 Mobile A O.— lat pref. debentures.. 35 44 30 40 do Income, 78, 1899. 2d income, 6s, 1921 2d pref. debentures 38 34 Lake Sliore A Mich. So.— Old Colony— 6s, 1897 3d pref. debentures FAA 1121% I2214 CI. P. A Ash., new 7s, 1892. .AAO 4th pref. debentures 68, 1895 JAD III914 119i« Bnfl.A E., new bds. M.,7r,'98.AAO 122>< 125 New mortgage, 6s, 1927 78, 1894 MAS 1123 1231a JAD 113 Butr. A State L., 7s, 1886 4iaa, 1904 JAJ Collateral trust 68, 1892 ....JAJ AAO 112 II214 10231 1031* Det.Mon.A Tol.,l8t,78,1906. KAA 120 lllia Bo8t.C.AFItchb.,l8t,78,'89-90JAJ nil lat extension 6a, 1927 Q-J Kalamazoo Al. A Or.K., 1st, Sa.JAJ 107 107i< Morg'n'8La.ATex.,l8t,6a,1920JAJ III1.J 112 B. C. F. A N. B., 5a, 1910 ..JAJ 113% 114>a 118% Kal.&Selioolcraft.lst,88,'87.JAJ N. Bedford RR., 78, 1894 ..JAJ t 1211b 123>t lat mort., 73, 1918 AAO ii6i« Morria A Eaaex— Ist, 7s, 1914 MAN 145 Kal.A Wh. Piseon,l8t,78,'90..JAJ Oreg.ACal.— latOs, 1921. ...'.. JAJ 90 Dividend bonds, 78, 18P9. .AAO 122>a 1141a 2d mon., 78 FAA 2d mort, 78, 1891 127 99 IkS.&M. 8., eons., op., Ist, 7s. JAJ 1291s 13014 Oregon A Trau8cont.—6a,1922MAN 99% Bonds, 78, 1900 JAJ 128 do eon8.,reg.,lst.78,1900.Q— 128 129% Oaw.ARome— mort., General 78, 1901 AAO 13818 Ist M.,78. 1915.MAN 1125 do eons., cp.,2d,78, 1303. .JAD I2414 1241s Panamar-Sterl'g M.. 78. g. '97.AAO tllO Conaol. mort., 78, 1915 JAD do cons., res.,2d,7s,1903. JAD 124 1211s Nashua A Low.— 6s, g., 1893. FAA 111 lllia Sinking fund sub., 68, 1910. MAN 100 112 113 102 ibs" Mahoning Coal RK. 1st, 58. .JAJ 105 Subaitly bonda, Eng. iasue, 6a 5s, 1900 130 tawrence— 1st mort., 78,1895.FAA 50 ParisADec't'r— l8tM.,7a,g..'92.JAJ Naahv.Ch.A St.L.— lat, 7s,1913 JAJ I.ejugh Val.— l8t,6s,coup., '98. JAD 125 134 Penn.RR.-G6n.M,6s,cp.,1910Q— 2d mort., 68, 1901 JAJ l8t mort., 68, reg., 1898 133 Gen'l mort., 68, reg., 1910.. AAO JAD 1251s Nashv.A Decatur-l8t,78,1900.J AJ 2d mort., 78, 1910 Cons, mort., 68, reg., 1905.. O—M 1-28 Natchez Jack. A Col.— 1st, 78, 1910 MAS 141 136 Gen. M., s. f., 68, g., 1923. ...JAD do 6s. coup.. 1905.. JAD 125 Newark A N. Y.— lat, 78, 1887.JAJ 104 L. Miami— Renewar58,1912.. MAN HOi» Collateral trust, 4ias, 1913. .JAD 'New'kS'setAS.- lat.78,g.,'89.MAN lOlii L.EocKA Ft.8.— l8t,l.gT.,7s '95.JAJ 113 H3is N'burghAN.Y.— Ist M. 78,1888.JAJ 100 JAD 113 Conaol. 5s, 1919 110^8 100 Ix)ng Island— l8t M.. 78, 1898.MAN Penn. Co., Os, reg., 1907.... Q.— New Jersey A N. Y.— Ist mort Ist coneol. 58, 1931 112 107 901a do Ist i£,4ia8, ig21.JAJ 105 N. J. Southern— lat M.,n6w 68.JAJ Q— llOMi 114 South Side, 1st, 78, 1887 Penn. A N.Y.Can.- let. 78, '96. JAD 122 MAS tlOl N.Y. A Can.-£ M., 68, g., 1904.MAN 112 llOia 135 Xfewtown A Fl., 1st, 78, 1891 JAD lat mort., 78, 1906 N.Y.Cen.AH.-Debt cert. ex.DsMAN l..I.City A Flushing— Ist, 65,1911 ibo Pensacola A Atlantic - 1st m.. FAA JAJ 1371a Mort., 7a, coup., 1903 Lon'v.C.A Lex.— l8t,78,'97 JAJ(ex) 11514 llSSi Peo. Dec. A Ev.— lat, 68, 1920. JAJ 111 JAJ 137 "a Mort., 78, reg., 1903 109 65 2d mort.. 78, 1907 68 Incomes, 1920 MAS AAO lis 1161s Debenture fts, 1904 Loui.sv.A Na.sh.— Consol. 1st, 7«.'9S 121 Evansville Dlv., 1st 6s,1920.MAS 108 Sterlingmort., 6a, g., 1903. ..JAJ ee Cecllian Br., 78, 1907 income, 1920 do MAS 108 New York Central— Us, 1887. JAD lOoia idi" 107 92 921s Peo.APekinUn.— l8t,6s,1921.Q— JjOUisviUe loan, 6s, '86-'87. AAO N.Y.Cbic.A St.L.— l8t,U8,1921.JAD 9J 70 Leb.-Knoxv. 6s, 1931 Perklouien— 1st M., 6s, 1887. .AAO MAS MAS 2d 68, 1923 60 Ix)ui8. Cin. A Lex., 68, 1931.MANI .... 58 Cons. mort.. 68, 1913, sterling ... N.Y.CityA No.-Qen'l,6s,1910MAN 59 Mem. A 0.,8tl., M.,78, g.,1901JAD J121 123 Petersburg -Class A, 1926 ....JAJ; 109 Trust Co. receipts 128 AAO 103 ) M.AClark8V.,8t'g,08,g.,1902 FAA'tllS 119 Class B, 1926 N. Y. Elevated.— 1st M., 1906.JAJ 125 23 K. O. AMobUe. 1st 68, 1930.JAJI Phlla. A Erie— 2d M., 78, 1888. JAj! lOSM 1021s N. Y. A Greenw'd L.— Ist M. luo. 6s 127 do 7 91 2cl, 68, 1930. ...JAJ' Gen. M.. guar., Oa, g., 1920. .JAJ 1125 2d mortgage income Pensacola Dlv.,l8t,0s,192O..MAS SunburvAErie, Ist M.,78.'97.AAO 91 N.Y.AHarlem— 7a,ooup..l900.MAN 137 129 Bt. Louis Dlv.. Ist, Us, 1921.. MAS 104 Phila. A Read.— Ist, 6s, 1910.. JAJ N.Y. Lack. A W.-lst. 68, 1921.J,Sa 128 132 AAO 116 1171a do 2d., 38..19S0.MAS1 2d, 78, '93 52.18 FAA 109 2nd, 5s, guar., 1923 25 *>• • Bash. A Dec., 1st 78, 1900. ..JAJ 118 JAJ 122 Debenture 68, 1893 N.Y. L.E.A W.— l8t,78,'97,ext.MAN 1'27% 129 K. H. A N., Ist 68, 1919 Consol.M.,78.1911,reg.Aop.JAD 126 1271* JAD II6I2 118 2d mort. exten., 58, 1919 ...MAS 116 n« JAI) 114 Gen'l mort., 6s, 1930 Conaol. mort., 68, 1911 .MAS lllia J&D 103 105% 3d mort. 01. 413a, 1923 Bo.ANo. Ala., 8. F. 68, 1910 AAO Improvement mort., 6s, '97. AAO 103 104% 1061a 4th mort., ext., 5s, 1920.. ..AAO 1121a JAJ 91% 04 >a l8t mort., sinking fund, 8s .. Gen'l mort., 68, 1908 106 110 JAD 10913 5th mort., 78, 1888 JAJ 26 Trust liond8, 68, 1922 Il2l8 1331a Convertible, 78, 1893 g.,19'20 MAS Q— lOlia Ist cone. M., 7a, Ten-forty 63. 1921 MAN 51 36 90 due. 5a, let series JAD 99 M^fcx New 2d oona. 68, 1969 30 33 FAA Pensa. A Atl.— l8t,68,gu,'21.FAA 90 series 90 Cons. 6s, 2d ex June, '86, coup do 42 JAJ L'BV.N.A.A Chic.- lst,«8,1910. J AJ IIII4 Conv. a4). scrip Collateral Tr. 63,1922 .MAN 22 is coupons .. Gen. mon. 6s, 1914 deferred 89 for 6 Scrip JAD Fund. 58, 19U9 AAO 7 ISO's! Deferred income Lo'l8V.N.O.ATex.-lst,5s,1934.MA3 90 5« lat con J. f uiid coup.,7s,1920 MAS *«H MalneCent.— .Mort. 78, 1898... JAJ ,121 1>23 Income mort., cons. 78, '96, JAD 46 JAD 2dcon3.f'd cp., 5s, 1969 70 no Exten. bonds, 68, g., 1900... AAO 111 113 CoalA I., guar.,7s,'9'2,ex.op.MA; Reorganizat'u 1st lien, 68, 1908 109 Cons. 78, 1912 Phila. Wil. A Bait.—«s, 1892.. AAC 1107 Gold locoiue bonds, 68, 1977 AAO 130 132 115 lis AAO tl07i« AJidroscog. A Ken.,68, 1891.FAA 106 108 Us, 1900 Long Dock mort., 7a, 1893. .JAD 113 109 JAD Leeds A Farm'gt'n, 68, 1896.JAJ 111 113 .5s, 1910 con. g., 6s, 1935 ..AAO 1141a do JAJ 101% 102 Portl. A K.,Cone. M., 68, '9o.AAO '112 114 Trust certs., 4s, 1921 S.Y.A Jf.Eng.— 1st M., 78, 1905JAJ 12a 131 60 681a Pittsb.Bradf.A B.— l8t,68l911AAO Debenture, 68, 10-20 106 108 JAJ 118 Istmort., 68, 1905 123 Man. Beach Imp.,lini.,7a, 1909, .MAS FAA 109% 110 Pltt8b.C.ASt.i.,.-l8t,78,1900.FAA 81 2d mort., 6s, 1902 AAO 1913 91 N.Y. A Man. Beach. Ist 78,'97,JAJ 2d mort., 78, PA A 89 •2d, 6a (scaled to 38) i09"" Marq'tte Ho.A O.— Mar.A 0.,88, '92 iVeia lis 1121a PitUb.Cl.A Tol.-l.'t, 68, 1922. AAO N. Y. N. H. A H.latr.48,1903.JAD 111 ••••• lstM.78,'98.J>tJ 68,1908 MAS lOiifl 109 N.Y.Oot.A W.-lat,g.,08.l9 ^4.MA^ 106 IO614 PittsD.ACou'Usv.41 Sterling cons. M.,6s,g.,guar.JAJ tVi\t 6s, 1923 (extension) JAD I03?i IOII4 N.Y.Pa.<fcO.— Ist, inc.,aco.78, 1905 ;40 144 t«9 Var AC.-lst,7s,1912 110 Pittsb.Ft.W. 6s, 1925 I.Mary. A West.).... JAD 99 prior lien,inc.ao.,3-68,'95 tl05 9^ do ^, 143 JAJ 12 :ii 2d mort., 78, 1912 Mem..tL.R'ek— Ist iui>rt.,8s, 1907. 107 109 2d mort. ino 136 AAO ••".. 1912 Memph.* Chart.- l8t,7s, 1915.JAJ 125 6 3d mort., 78, 3d mort. Ino J* lst.6s,1932.JAJ McK.A 76 Pittsb. 2d mort., 73, expended tr'8t'73,Trn8.oer.78 L.rental 124 ff*. L'sfid JAJ 70 PItUb. A West.- 1st mort l8t consol. 78, 1915 50 West. ext. certifs, Ss, 1876.. JAJ (49 JAJ 1171s Portl'ndAOgb'g— l8t68.g..l900J*J 100 let. cons.. Teun. lien, 78,1915 JAJ 125 SO do 78, guar. Erie !45 do 40' 35 M..B«.«r..l<'«l..MAN lat Vt. dlv.. Metrop'n EIbv.— ist. 6h. 190S. JAJ 117 y.Y.Pmv.AB'n— Oen.7«. 1 "^on J*J ' . U i . ; , . I 1 iim . . . m" ! 1 1 m Y— * Price nominal; no late transactions. t Purohaaer also pays accrued Interest. { In I<oudon. } Hi- Coupon off. J . . . THE CHKONICLE. 544 .. [Vol. iUL GENERAL QUOTATIONS OP STOCKS AND BONDS— Oontincted. For Erplanatloas See Xote^ Railkoad Bonds. Bid. Port Royal & Aug.— let, 6s, '99 J&J 104 Income mort.. Da, 1899 J&J 35 Een.&S'to/ia^lst 78,1921 cou.M&N 145% Kich'd & AUegh— let, 7b, 1920. J&J Trust Co. receipts 68 M Head of DtahC-Utah Bo.,gen.,7s,1909 J&J do ext,lst,78,1909J&J & Bl'k R.—Mort., 78, '91. J&J Ver. & Mass.— Guar. 5b, 1903 M&N 71cksb. & Mer.—New iBt inort U:loa 69 >a & Petersl)., 88,'84r-'86...A&0 M&N 128 New mort., 78, 1915 US'* RIt. & Clies., 8s. M&N 104 106 2d mort.,'6s Booli. & Pitts., 1st, 6S.1921...F&A 115 J&D llOia limi Consol. let, 6s, 1 922 Eloh. Richmond York . Income, 1921 KomeWat'nAO.—S.F.,7s,1891.J&D do 2d 117>a 95 Ck)nsol., Istex. 58, 1922. ...A&O 72 InoomeTe, 1932 110 Eutlanu— l8tM.,6s, 1902. ...M&N I109>s 90 F&A t88 Equipment, 2d mort., 5a Bt.Jo. & Gr. Isl'd— l8t,guar.69,1925. 109 k 111 60 63 2d mort.. Incomes, 5b, 1925 Bt.L.Alt.&T.H.— 1st M., 7s, '94.J&J 117 2d mort., pref., 7s, 1894, .... F&A 112 114 M&N IO8I4 110 2d Income, 78, 1894 40 Dlv. bonds, 1894 BeUev.& 8.ni.,l8t,8.P.88.'96.A&0 115 BelleT.& Car., Ist 6s, 1923.. J&D 111 113 115 Bt. LoulB & I. Mt.— lst,7s. '92,F&A 114 M&N 116>s 2d mort., 7s, g., 1897 Ark. Br. 1. gr., M., 78, g., '95.J&D 114i« 116 Oatro Ark. & T.,l8t,78.g.,'97.J&D 114 M&N 2d, 78,guar., '98 . 118 General mort., 68, 1921 A&O Bloux C. & Pac, Ist M., 68,'98.J&J Bodus Bay& So.— lst,58,g.,1924J&J Bo. Carolina— l8tM.,6s,1920..A,kO 2d mort., 68, 1931 J&J Income 6s, 1931 Bo. Cen. (N.Y.)— Consol. mort., 5s.. 8o.Pao,Cal.—lst,6s,g., 1905-12 A&O Bo. Pac.Ariz.— l8t,68,1909-10.J&J Bo. Pac. N. M.-l8t, 68, 1911 .J&J Soutliwestern(Ga.)— Conv.,78,1880 Staten Isl. Rapid Trans.- 1st mort. Bommit Br.— Ist, 78, 1903 J&J Bunb.Haz.&W-B.— l8t,58,1928M&N 2d mort., 68, 1938 M&N 122 122 7ois Ist, 6s, . 35 109% 05 . . I 106% 107% IO414 103% 110 109 100 tuo 133'8 73 126 lC4is 1912. ..M&S & Pac— Ist, 68, g.l905 M&S 106 Consol. mort., 6s, gold, 1905. J&D and land gr., reg., 1915. July Ist (RioGr. DlT.), 6s, 1930. .F&A do ex Aug. coup. Gen'l mort.& tenn'l 6s, 1905 A&O N.O. Pac, 1st, 68, gold, 1920. J&J Texas & St. Douis— l8t,68,1910 J&D Land grant, incomes, 1920 Mo. & Ark. Dlv., 1st. 68.... 1911 Inc. Tol.A.Ar.&N.M.— l8t,6s,1924.M&N Tol.A.A. &Gr.T., lst,6s,1921.J&J Xol. Cln. & St. Louis— 1st mort.. .. Income Tol.Ders& B.— 1st main, 6s. 1910 do main line, inc, 6s, 1910 T0I.& Ohio Cent.— l8t, Ss, gu.193.5 & West.,l8t 7s, 1917.. .<i— Trust Co. receipts United Go's N.J.—Cons.,68,'94.A&0 86 351s 37 49% 56" . 30 vB2i6 82 10 51 85 52 831s 861s 100 f98 97 98 90 92' Tol. P. Bterllng mort., 6s, 1894 M&S !113 I^and Grant, 78, 1887-9 Blnk. F., 88, 1893 A&O M&S M&S 104 sterl. 8b, g., '96.A&0 Collateral trust, 68, 1908 ....J&J do 5s, 1907.... Kans. Pac, Ist, 68, 1895.... M., do Ist 6s, 1896 tl20 115 do 68,1901 M&S J120 123 Cam. & Amb.,mort., 6s. '89.M&N 110 IIOI4 Union Paciflc-lst,68,g.,'96-'99J&J II714 1171s Reg. 88,1893 Om. Bndge, J&D F&A J&D 11713 120 125 113 115 do Denr. Div., 68 M&N II412 101% do Ist cons. M.,6s,1919 M&N 1041s 105 Oregon ShortrL., 6s, 1922 .. F&A lOIis 101% Utah Oen.— l8t M.. 6s. c.lSOO.J.Va 90 95 * Price nominal no late transactions. ; t . KAILKOAD 2718 & New Orleans— Ist.Ts. F&A Sabine Dlv., Texas I . 88 Tex. Cent.-lst,sk.M.,78,1909M&N l8tmort.,7s, 1911 M&N j I -21s 60 . . . I 1091* 110 100 Hi Busp.B.&ErieJimc- l8t M.,78 Byr.Bing.&N.Y.—con8ol.7s,'06A&O 133 Texa8 121 60 109 98 H 91 63 58 33 16 13 100 97 100 142 2dpref....l00 Cheshire, pref . 117 . 2d mort., 78, sink'gfd A&O Consol. 7s, 1910 J&J Bhenandoau Val. -l8t.78,1909. J&J 15 10 . 11014 113 118 121 120 115 Bt.P.&Nor.Pac.-l8t,6s,1923.F&A tll3 B«ndU8kTMan8f.& N.— 1st, 78,1902 tll6 B»v.Fl.&W.-At.&G.,con.7s,'97.J*J 119 8.6a.& Fla., Ist M. 78, 1899, M&N tH9 89 Boioto Val.— lBt,7s. slnk'g fd..J&J .50 Ask Bid. Ist pref... 100 . IlOis Cairo & Ful., l8t,l.g.,7s,g.,'91.J&J 92 90 Gen. con. r'y & 1. g., 58.193 1 A&O 8t.L.& S.Fran.— 2d, cl.A,1906M&N 113 M&N 113i« Sd M., class B, 1906 M&N 113 do olassC, 1906 Bouth Paclflc— Ist M. 1888 .J&J loo's 95 Kan. C. & Sw., l8t,68,g.,1916..J&J Pierre C. & O. Ist, 68 F&A 103 J&D 103 Equipment78. 1895 General mort.. 6s, 1931 J&J 103 16 F&A Trust bonds, 68, 1920 M&8 8t. L. W. & W., 68, 1919 BtL.Vand.&T.H.-l8tM.,78,'97.J&J 121 M&N 102 2d mort., 78, 1898 & Duluth— Ist, 58, 1931. F&A BtP.Mlnn.A Man.— Ist 78,1909 J&J A&O 2d 68, 1909 M&N Dak. Ext., 68. 1910 J&J iBt consol. 68, 1933 Minn's U'n, Ist, 68, 1 922 . . .J&J 113 94 41 & Ohio, I 94 69 Bt. P. 80 109 112 86 Chesapeake do •. 50 J&J 109 mort., 7s, 1892 Railroad Stocks. Ask. 90 Clilcago& Alton 142 5 Chicago & Atlantic 66" 65 Chicago Burlington & North.. 100 Clilcago Burlington & Qulncy. .100 13214 132% 121s 120 isfiii Chicago & Canada Southern 2 5 117 1171a Chicago & East Illinois 88 90 106 107 4 Chicago & Grand Trunk 86I4 86^% 68 Chicago Milwaukee & St. Paul. 100 lOiHi 106 do pre!., 7.100 1181s 119ifl 88 91 Chicago & North Western 100 10614 1061s Incomes, cumulative 138 do Pref., 7.. 100 Wabaah— 1st, ext., 78, '90, ex. F&A 11358 1141s 90 A&O Chicago Rock Island & Pac. ..100 125 126 Mort., 78, 1879-1909 12 Chic. St. Louis & Pitts 100 10 2d mort., 78, ert. 1893, ex. .M&N 103 32 6 M&N do pref 100 28 Equipment 78, 1883 3914 51 J&D Chlo. St. P. Minn. 100 1920 & Cm., com.. 391s Gen., 68, do J4J 87 pref.. 100 101is!l02 Chic. Div., 5s, 1910 gold 50 75 51 Chicago & West Michigan J&J 100 Havana Dlv., 68, 1910 Cln. Hamilton & Dayton 100 130 Indlauap. Div., 6s, 1921 ....J&D 80 106 1921 J&J do Pref Detroit Div., 6s, 82 85 Cin. Indlanap. St. Louis & Chic 100 Qulncy Mo.& P.,l9t,68, Kaar.1909 88I2 96 Cincinnati & MUford J&J Caii-oDiv.. 5s, 1931 40 45 921s 98 Cmcinnati N. O. & Tex. Pac. .100 Cons, mort., 7s, 1907,oou.,.. .Q-F F&A 108 Cin. Sandusky & Cleveland 50 l8t. St.L. div.,V8, 1889 F&A 111 do Pref., 6.50 Gt. West., Ill.,lst, 78, '88 1 Cln. Washi ngton & Bait 2d, 7s, '93.... M&N 103ifl'104 100 do 3 M&N 96 do pref.. 100 Q'noy & Tol., Ist, 78.'90 48 '88. M&N Clev. Col. Cln. & Indianapolis.. 100 491s Han. & Naples, let, 78, 5 F&A 41s Cleveland & Canton I11.& 8.1a.,l8t, 6s. 1912 22 23 do do Pref 8t.L.K.C.&N. (r.e8t.&R.),78.M&S 1121s 115 93 Clev. & Pittsburgh, guar., 7 50 do Om.Div.,l9t7s,1919.A&0 91 80 Columbus & Xenia. guar., 8 50 ieo' do Clar. Br.,6s, 1919..F&A 30>4 Col. Hock. Val. & Tol 100 30 do No. Mo., iBt, 1895. ..J&J 116 51 103 52 Columbia & Greenvllle,pref....lOO do St. Cha'9 Bridge 68, 1908 951s 105 Wab. Fund. 1907- Var. 78. F&A Concord 50 xl06 107 F&A 75 78 Concord & Port8mouth,guar.,7 100 118 Various 68 do 91 92 Connecticut & Passumpsic W.St. li. & P.— rowaD.68. 1921U&S 1 00 Trust Co. receipts Connecticut River 100 183 1831a Warren (N.J.)— 2d, 7s, 1900 ..A40 120 Daubury & Norwalk 50 W. Jersey & At. Ist M.,68l910M&8 1081s Dayton & Michigan, guar., 3 is -50 62 J&J 1161s do Pref., guar., 8.50 160 West Jersey -iBt, 68, 1896 146 A&O 125 Delaware & Bound Brook 100 Ist mort., 7s, 1899 A&O 119 Delaware Lack. & Western Consol. mort., 6s. 1909 50 125 125ie J&J 102% 103 Denver & New Orleans West Shore guar. 48 15% 15% Denver & Rio Grande 100 West'n Ala.— 1st M., 88, '88. ..A&O 104 23 24 A&O 106 do Trust Co. receipts.. 2dmort., 8s, guar.,'90 18i« 17% Denver & Rio Grande Western W'n Maryl'd— Eiid,l8t,68,1890.J&J 1031s 2 1st mort., 68, 1890 J&J 1031s Des Moines & Fort Dodge 10% Pref. End., 2d mort., 68, 1895 J&J 1031a do do 64 67 J&J 1031a 104 Det. Lansing & Northern, com 100 2d mort., pref., 6s, 1895 109 2d, end. Wash. Co., 6b, 1890 J&J 1031s 104 do do Pref. 100 107 129 J&J Dubuque & Sioux City 100 60% 601a 3d, end., 68, 1900 lis 1% W'n No.Carolina- l«t,7s,1890.M&N iio East "rennessee Virginia & Ga.lOO 93 3% 4 Consol. 6s, 1911 do Pref. J&J 94 do 100 791s 801a (yest'nPenn.— 1st M., 68, '93. .A&O 110 Eastern (Mass.) 101 la Eastern In N. 100 101 Pitts. Br., 1st M., 6s, '96 J&J 112 Eel River 100 Wheeling* L.Erie— Ist, 68, g., 1910 15 100 Wichita & Western- 1 st, 68 J&J Elizabeth Lex. & Big Sandy 120 119 Wilm. Columbia & Augusta, 68.. Ehulra & Wllllamsport, 5 50 45 60 112 do Pref., 7.. 50 W11.& Welrton— S. F., Ss, g., '96. J&J 87% 88 Wisconsin Cent.— Ist ser., 58, 1909 Erie & Pittsburg, guar., 7 50 54 42 43 84 Evansvillo & Terre Haute 50 St 2d series, 78, 1909, if earned 100 122 123 Wis. Valley— Ist, 7s, 1909 J&J 125 126 Fitchburg 21i« 21 W orc'r & Nasluia— 58, '93-'95 Var. 109 111 Flint & Pere Marquette 111 951s 96 Nasli. & Rooh.. iruar..5s.'94.A&0 109 do do Pref.... STOCKS. Par. Fort Wayne & Jackson 9 Ala. Gt. South.- Llm., A., 6s,pref do do Pref «s 3 la Port Worth & Denver C 100 19 Lim., B, com J2 1213 3 Galv. Harrisb. & San Antonio Ala. N. O. & Pac, &c., pref 14" 16 1 Pacitio do Georgia do def.. t>3 Georgia Railroad & Bank'g Co. 100 ...„ Albany & Susqueh., Guar., 7. .100 144 144 li" Allegheny Valley GIrand Rapids & Indiana 60 Atchison Col. & Pacific Grand River Valley, guar., 5.. 100 86Sb 8ilie 'io' li'i Atchison Topcka & Santa Fe..lO0 Green Bay Winona & St. Paul.. 100 96 97 Prof 100 Atlanta & Charlotte Air Line ... do 714 7% Harrisburg P. Mt. J.& L., guar., 7.50 Atlantic & Pacitio 100 26 32 ..100 Augusta & Sav.'vnnali, leased. ..100 Houston & Texas Central 11 Baltimore & Ohio Huntingdon & Broad Top 50 100 150 153 25 do Pref.. .50 1st pref., 6 100 135 do do 138l« 126 139 100 do 2d, pref minois Central Washington Branch Leased line, 4 p. c. 100 99 100 230 do 5 6 221s, 22% Parkersburg Branch Indiana Bloomingtou & West'n 100 100 Boston & Albany Indian. Decatur & Sp., com 100 189 190 , do Best. Con. & Montreal do Pref... 100 100 97I3 Cowa Falls & Sioux City 7214 72% 97 100 do Pref., 6... 100 79 Boston Hoosac Tun. & Western. 8 Jeft'v. Mad. & Ind'p's, leased.. 100 Boston & Lowell 100 100 12714 127% JoUet& Chicago, guar.. 7 80 81 Boston & Maine 100 xl90 1901a Kansas City Ft. Scott& Gulf. ..100 135 97 100 pref. 100 130 Boston & N. Y. Alr-Llne, pref... do do 70 Boston & Prortdence Kans. City 8pringf.& Memphis.. 701a 100 xl8S 187 47 49 Boston Revere Beach & Lynn. .100 128% 1291* Kan. City Cliuton & Springf'ld.lOO 30 32 100 Brooklyn Elevated., new Keutucky Central 559 100 Keokuk Jt Des Moines Brooltlyn & Montauk 100 10 Ilia 100 11 Lake Erie & Western • do Pref 100 35 Buff. N.Y. & Erie, leased 100 79% 80 Lake Shore & Mich. 80 100 3ie Lehigh Valley BuffaloN. Y. & Philadelphia.... 50 50 § 56>s 56% 4J«' Little Rock& FortSmith 37 do 100 36 do Pref... 50 Burlington C. Bapids& North. .100 65 70 Little Miami, leased, 8 guar.. .. 50 160 1611s Cairo <B Vincennes, pref Schuylkill, leased, 50 Little 7 ^•89" 601a 91 10 California Pacitio 5 50 Long Island 15 California Bouthern 100 lOhi 10% Louisiana & Mo. Biv., Com ...100 35 Pref Camden & Atlantic do 50 42 100 35% 36 do LouisvlUe & Nashville Pref 50 5 38 34 38»8 Louisville New Albany & Chic. 100 36 Canada Southern 100 38 Canadian Paciflo 64% Macon & Augusta 100 64 100 1201a 121 Catawlssa 20 Maine Central 50 i 100 200 202 do Ist pref Manchester & Lawrence 50 6..-. .. 60 19 19 100 do 2d pref 55 Manhattan Beach Co 50 ^ Cedar Falls & Minnesota Ills 14 Manhattan R'y, consolidated ..100 127 123 100 Central of Georgia 100 33% 34 Marq. Houghton & Out 100 Central Iowa Pref 100 861a 97 do 16 100 181s 21 31 25 do Ist pref Memphis & Charleston 100 100 do 2dpref Metropolitan Elevated 100 100 Central Massachusetts 71s 7% 74 7% Mexican Central 100 4i« do 30 >s 32 Mexican National pref. 100 9 12 Central of New Jersey pref do 100 48% 49 >4 66 ..100 67 Central Ohio 53 Michigan Central 50 52 '. do Pref 57 Michigan & Ohio 50 55 Pref Central Paciflo do 100 40 >s 41 20 Charlotte Col. & Aug 38 Midland of New Jersey 100 37 100 45 50 Chesapeake & Ohio, common 100 10 9 Mil. Lake Shore & West 2d mort 68, 1916 3d mort., income Rlcli'd & Dauv.— Con.,68,'90..M&N 107 7a.Mldlaud-l8t 8er.,6s,1906.M&S General mort., 6s, 1915 J&J 1151s M&S Debenture, 68, 1927 A&O 102 IO3I4 2d series, 6s, 1911 M&S A&O 109 110 3d series, 5-68,1916 Piedmont Br., 88, 1888 M&S 4th series, 3-4-5a, 1921 Bloh. Fred. & Potomac— 68,ext.J&J 112 M&S 106 1926 5th series, J&J 5s. Mort, 78, 1881-90 2d mort., First Paze of ((aotatlons. Bid. Railroad Stocks. Ask. . M&N at i Porohaser alss pays aooraed . . interest. t In London. i Quotations per share. 1 Coupon off. . May J . . THE CHRONKJLB. 1886.] 1, 5. GEMEIML QUOTATIONS OP AND STOtJKS 545 BOND.S-Co;«ti.vcco. For BKplanmioiK H«e Note* at H««d of Flr«t Paze of QnotatloiM. Railroad Stocks. OosTINltKI). Mil.L. Sli..t \V..i)rr.lOO MUwiiiik.'e .fe No.. 100 Mluo lim.feS. HlBCELLANBOUR. Ask. Bid. RR. MTOrKS. Vestoh. A Phila.,pr.50 50 West Jersey 77i« WestJerseyA Atlimtlc Western Alarylami 76 Wll. Columbia A Aug H.....'50 Mlnneuu. lb 8t. L..100 do Pref...lOO Mirao'l Kan. A Tex.lOO A Weldou, 7.10(1 18>a ffllm. 41 WIsoonslu Central 26»9 do Pref. Woro'terANashUB.lOO Bid. Ask. MltOCLI.AnBODII. 54 >« 103 114 145 17 29 125 116 155 linl.l .t 30 IlMrl. Stlg, 7s,g..l885 9t. L. Pref Fltto.Ft.W.A C.,s:uar.7 147i« I4712 15 Pittsburg A Western. Port.8aco APorts.lsd 6 126" 127 2 Port Royal A Augusta 63 64 Port«.Gt.F.A Cou.lOU Frov. A Worc'ster.lOO 130 133 161 Eens. A Saratoga 100 161 414 Rich. A Alleg., stock.. 4>a 103 Guar. 7.100 145 do 6 130 do do A P'b'g.lOO "97% Richmond Rich. A West Poiut 28 Brookline (Miiss.lL'dS A Pitts. 100 Rome W. A Ogd ... 100 28% Rutland 100 do Pref., 7.. 100 Joseph A G'd Isl'd. et.LoulsAlt.AT.H.lOO do Pref. 100 St. Louis A San Fr.lOO do P/ef 100 do Istpref.lOO 8t.L. Van. A 1'. H 9t. St. PaulADuluth.lOO do Pref.lOO St. P..VIlnn. A RoanokelOO do Guar.. 100 South Carolina 100 So. A No. Alabama So. Pacitic Co 100 S'west., Ga., g'd, 7. 100 AN. Y.lOO Summit Branch, Pa. 50 Syr. Bins;. 5 52 39 90 181a 20 371a 43 99 >« 102 8 57 . „ Warr'nlN.J.) . . ,l'g'd,7.50 t 190 4% 1''8 COAI. dc MINING STOCKS, N.V. SO Colorado Coal & 1. 100 Cameron Coal 10 2 41 13 Consol.Coalof Md.lOO Homestake Min'g.lOO 4114 Maryland Coal 100 New Central Coal .100 Ontario Sil. Min'g.lOO 8^ Pennsylvania Coal. 50 Quicksilver Min'g.lOO prof. 100 do Tenn.CoalAIronColOO EXPRESS ST'CKS 7s. 1900. Bank's BO.NDS. A A PaciHo st'k .MercU'ts.lOO 1st mortg;ige Receivers' uerts.., General mortgage Prioe nmnlBiU ; no late transactions. t MAN. 65 63% 12! TELEPHONE STOCKS. American Bell 100 161 Amor. Speaking. ..100 Colombia A Pan. ..100 Currier Tel. Boll Dolbear East Tennessee Erie Ask. 141 Chariest'n,8.C.,Oa8.25 Chicago G. A Coke. 100 Cincinnati U. A Coke Hartford, Ct., O. L..25 18 I 27>fl Hudson River 23 GOLD ^t SILVER Metropolitan m Mexican Moleonlar New England New York A N.J New York A Penn.... 34 33 Southern Bell Southern N. England. 10 Tropical W. I. Telegr. A Tele. 10 Consol. Electric Light. D,-vft 100 160 . 90' 50 40 &: N.lf. B'way Surf., i 112 LlttltPl^ts 119 100 480 100 370 100 480 121 Mexican G. Navalo Ophir 190 108 150 1902 Brooklyn Crosstown 105 1st mort., 78, 18S8 BushwickAv. (Bklyn.) 140 Central Crosstown 160 Istmort., 68, 1022.. 115 1 Bonds, 78, iW 130 110 1898 100 20 10 DryDk.E.B.A Battery Isc M., oonaol.7s, '93 Serines, 1914 llo. Eighth Avenue Scrip 6s, 1914 42d A Grand St. F'y.. Istmort., 78, 1893.. I6I4 Iron Sliver I<eadviile Consol Little Chief 500 10 50 A SUv.lOO 2 66 92 ••> 67*4 39 Ik 25 •02 •05 118 200 120 •80 •30 •75 •30 •83 •60 '•40 1^00 105 •90 •26 38 2-00 240 2-50' 2-95 •03 . 175 . •07 •23 •20 •25 •30 '•46 •30 •50 Rappahanook Red Elephant 1 •II Spring Valley Standard Union Consol 1 100 100 1-80 •80 1'16 •80 100 10 10 Robinson Conaol.. 60 SlerraNevada 100 50 Silver Cliff 32 1-20 14 •06 •75 •30 •05 •OS 100 •35 BOSTON mtlNING STOCKS.} 195 110 160 112 150 165 120 135 125 135 116 180 115 107 225 110 •250 117 39 110 60 155 116 140 1 25 Allouez 9% 25 Atlantic 7 Brunsw'k Antimony. Calumet A Hecia...25 222 230. 10 Catalpa Silver 8 25 Central Copper Falls 50 Franklin 23 '12 la 2'« 25 Huron 25 Minnesota 40r. 25 tfatlonal I414 25 Osceola 2 25 Pewabis 61 25 Quincy 25 Ridge 23 106 Tamaraok inANCFACT>lNG STOCKS. Am. Linen (Fall RIv.) 650 lOH 224 30«. 12 '12% 2% 6O0. 14% 3 62 1 110 625 100 101 14 102 (N.H.) 1000 2055 206S 103 Antlrosootg'n (Me.). 100 107 Araory (N. H.) Amoskeag AppIetonTMass.) 1000 770 730 101 101>a . 97«a 100 Barnard Mfg. (F.R.).. 100 120 1125 2011a Bates (.Mo.) 103 Boott Cot. (Mass.llOOO 1440 1460 Border City Mfg. (F.R.) 110 lis 210 Boston Co.(.Mass.)1000 1050 1060 164 115 Boston Belting.... 100 153 300 Third Avenue 310 Best. Duck (Ma»8.)700 796 99 Istmort., 78, 1890.. 111 113 143 Chaoe (Fall BIT.) .100 90 112i« Twenty-Third St Chicopee(Maa8.) -.100 112 108 235 250 630 1st mort., 78. 1893.. 112 114 Cocheco (N.H.)....500 5S0 64 7Tg 8«« GAS STOCKS. ColUnsCo. (Conn.)..10 1241a aa 64 Bait. Consol. Oaa 471a 47«» Oontlnenta! (Me.). 100 100 Boston Gaslight. .500 910 020 Cres't .Mills (F. B.) ICrysfniSnr. Bl.(f'.R.). East Boston 25 40 391a 40 eo>t Davol .Mills (F. B.) 100 IVixbury 100 190 105 64 90 87 South Boston Dongl's Axe (Mass)lOO 100 110 115 23 Dwigbt (Mass.). ..600 S90 000 Brookline, .Mass... 100 1131* 114 53 70 66 Cambridge, Mass. .100 155 15S>< Everett (Mass.)... 100 3 108 Chelsea, -Mass 100 103 103 >a PaUBlT. IronW. .100 F.R. Machine Co.. 100 Dorchester, Mass. 100 1071* 108 F. R. MerthoOo...l00 Jamaica Pl'n.UasslOO 133 137 . Atlantlo (Mass.) . . 100 . Bamaby (Fall Rl v.) . . 37 63 20 45 103% 3914 .....100 Potoai gu..58,'24 A E.Riv. Consol. M., 7s, 1902. Christopher A 0th St. 140 , Lvcrosse ItUS, Central Pk.N 94 IflO 100 Independence 109 100 135 100 145 1st mort., 59, , Silver 103 Guar., 5s. 1905 Brooklyn City 100 10 100 100 100 Caledonia B. H lOU Consol. California. 100 Chrysolite 50 Chollar 100 Consol. Paoiflo 100 Crown Point 100 Dunkin Eureka Consol 100 Father De Smet .. 100 Gold Stripe Goodshaw 100 Gould A Curry S..100 Green Mountain 10 Hale A Norcross. .100 106 225 390 405 BleeckerSt.A Fiilt.F'y 29 71a 1st mort., 78, 1900. 114 7'8 ;BroBdway A 7th Av.. 4 100 latmort., 58, 1904. 2d mort.. 38, 1914.. 100 I 50 67 sn 1-40 .. Montana Amie Alta Horn BR'KLYN HOItSK 6% 75 30 CO.'S Union United States 87 lei A SAN. FRAN.) Alice Bulwer 90o. ELiECTKIO Kniokerlx>cker Long Island (N. Y. Bodle LIGHT STOCKS STOCKS, 184 Belle Isle Brush 100 Brush Illuminat'g 100 Am. Loan A Trust.lOO Brooklyn Trust 25 Central 100 Farmers' Loan A Tr.25 87 100 miNING STOCKSi Barcelona Bassick Becbtel N. Y. State Overland. Peoples TRUST 32 1S6 86 99 60 93 158 137 103 62 }2S0 Louis. 100 }90 Laclede, St. Carondelet,St.Ix)uls50 San Francisco G. L. .. Wa«li'ton (,'lty G. L.26 104 108 ion 183 10» 133 110 121 19215 195 Jersey C. A Hobok'n 20 People's, Jersey C 63<a Louisville O. L..., Central of N. Y 60 Consolidated, N. Y.lOO Equltalilr, N. Y.. 162 Mutual of N.Y... .100 125 N. Orleans O. L. ..100 Portland, Me., O. L.50 3t. Louis O. L 50 100 Edison Edison Illuminating.. Edison Isolated Swan Inoandoscent. Sawyer-.Mann 111. Co.. UnttedStates United States ni. Co.. . . 75 Globe .Mercantile Metropolitan N. Y. Guar. A Ind..lOO N. Y. Life A Trust.lOO 2i« Bid. 140 103 103 >« 104 137 104 130 86 98 130 86 160 I TEl-'PH STOCKS Atlantic 4 70 87 HUOBLLAVaOUt. iLawrenoe, Mass.. .100 iLowell 100 Lynn, Mas«.,0. L..100 Maid. A Melrose. 100 Newton A Wafn ..100 Salem, Mass 100 IBrooklyn, L. 1 25 Cltlwins', Mrnoklyn.20 |Metropf)litan, BTclyn. Nassau. Brooklyn ..25 People's, Brooklyn. 10 WUMamsb'g, B'kfyn 50 4 I 100 144 100 105 American 62 100 United States Wells. Furuo .fe Co. 100 120 AND 86% I Adams Amer. Dlst. Tol... 100 American Tel. A Cable American Rapid bonds 60 112 105 200 107 245 112 14% 35 42d8t.Man.ASt.N.AT. 22 14 23 Ist mort., 68 109 27 23 2d inc., 6s 50 19 19 Houst.W.St.APav. F'y 150 Ist mort., 78, 1894.. 113 91a Ilia 11 9 Ninth Avenue 130 Second Avenue 265 Ist mort., 58,1910.. ide' 6% Consol. 78, 1888 105 20 >a 22ia| Sixth Avenue 200 42 1st mort, 78, 1890.. 110 44 12c. Stand. Water Metor... 1081a IIOI2 Union St'k Yils.ATr.Co 158 5 MiUual Un. Tel.. .Mutual Union 6g Postal Telegnn)h. 100 Bonds. l8t 68 Postal TeL A Cable Co V. Western Union. ...100 136 100 95 50o. 25c N. Hampshire Land 25 N.Y.ATcx.Ld.,Lim.50 175 180 57 Laud serin 28 No. Riv., cons. 100 p.o. Oregon Improvement. "98 Oregon Ky.&N.Co.lOO 53^8 54ie Pacific Mail 88. Co.lOO 136 Pullm'n Palace CarlOO 1S2 lOi St. Louis B'dge. 1st pref :107 33 151 pref. certificates. 2d 113 St. Louis Tunnel RR.. 110 75 St. Louis Transfer Co. 58 A Ind'uap.50 90 100 Texas A N. O 100 Texas A PaclUo 8ie 100 838 Texas A St. L. in Texas 21 do iu Mo.A Ark. 41a Tol. Cln. ASt. Louis .. 80. lOo. Tol. A Ohio Central... 20 do Pref. 40 15 D. N.J. RR AC. Co. 100 220 Union Pacific 100 499s Utah Central 100 Vt.A Maas..l'8ed,6.100 133% 136 Vloksb. A Meridian... 4 do pref... _. IJrgtnla Midland 30 30 Wab. St. L. APao.lOO 61^ 8 do Prof. 100 ISiai 17 Terre H. 10 lis Sonth'nA Atiantio.23 N.K.MtK.Secur.rBost.. 27 33 A .Man. 100 11212113 Scioto Valley Seab'd 3 A Keeley Motor Maverick Land 98 52 7% 3% Canton Co. Cev. (Bait.). 100 Cln. Bridge, pf. 100 100 N.V. 714 101 So. Tel., l8t mort. b'ds STOCKS. 6I4 85 . .mSCKiLiANElOUS Amer. Bank Note Co.. Asplnwali Land 10 Boston Land 10 Boston Water Power Richmond York R.AC. 100 Rochester "so" 25 40 OS 33 90 Dlst. Tel. Co.. iiion AAO A Tun— 1929. AAO 1133 Teuu.C.AL.cun.es South Pitts. 1st. 6s.. . . Richmond A Dauv.lOO 100 90 Rich. F. A P., com. 100 Bridge 1st, 78, g.. ill I 'iiTeIcgrt»ph. .\. . A 100 25 Stock ' ' do 3fl Rnnds 1714 Aak. 70 101 .1 . . A Bid. Ohio.. Am. Uablo Tel. Co So. lal ! Pitts. Cln. St. L. .50 Pltte. Con., r8ed.50 A Cent. Mh 104 1231-.I 11^ 14 CANAl. BONDS. 140 CHesap. A Delttware*7>9 43 l8tmort.,6s,'8«JA,I 100 14 Niishv.Clmt.&St. L.25 160 Thes.AO.—68, '70.q.-J NaglMia .«: lx)WoU..100 ISO Dei. AH.— 78. '91. .TAJ iVs Newli'K Dutch.* Conn l>a pref. Istext., 1891. .MAN do do 2 Coun. 78. 1804. AAO ilQia 1204 New Jeraoy & N. Y 22 1st Pa.D.cp.,78.MA8 137 Pref. do fx>lilKli NavlgatlonNew Jursoy Southern. •li«H, 1914 Q— 1121a N. IaiuiI.* NorthiilOO N.Y.C'(>ut.JiH.KIv.lOO 101>« lOlOg RR. Gs, reg., '97,Q-P 119 fii* tt>8 N.Y^.Chle.&8t.I.,...100 Couv «8,g.rg.'94 >fAH 14 do PreMOO 13 68.g.,cp.Arg..'97JAU i'l9' Con8.M.,19117a.rAn N. Y. & Harleni ....50 213 1071s Penn.— (is, coup., 1910 "9o' H.Y.L.&W..«uiir.5.100 106 9lia 24>« 24 H Schuylkill Nav.— N.Y.L.Eriei Went. 100 58 do Prof. 100 1st M., 68, 1897.Q-M 102 34>9 35 N.Y.&N.Engliuiil.lOO 72 74 2d M.,68, 1907..JA.I 124I4 do Prof. 100 126 42 Mort. 6s,cp.,'95JA.I 68,lmp.,cp.,'80.MAN N.Y.N H.&Hartf.lCO N.Y.Ont.A West.. 100 16>« 171*! 68,btAcar,1913.MAN 40 78,btAoar,191.'>MAN N. Y. Penn. A Ohio do Pref. Susq.— 68,cp.,1918J*J N.Y. Prov. A Boat.lOO 7s. coup., 1902. .JA.) 6% "ly, CANAI. STOCKS. N.Y. Susq. A Western 20>s 21 "si Del. A Hudson. ...100 Pref. do 98% 99% i*, Shore B A N.Y. West Del. Div. leased, 8.. 50 Norf.A West,, com. 100 "Vh lOJa r*higli Navigation.. 50 {"soii 50»8 pref. 100 do 100 Morris, guar., 4 761a No. Pennsylvania.. 50 do pf.,guar.l0..100 200 226 78 79 Northern ('entral .50 50 Pennsylvania North'n N. Uamp.lOO xl25 126 50 3ohuylklll Nav 24% 25 North'n Pao.,coiu.lOO 6 do pref. 50 do 55»8 55-'8 Susquehanna Pref. 100 do .^0 Norw.A Worcester.lOO 177 178 .niSCLIi A NEC US 19 Ogd. A L. Champ. 100 BONDS. llfl 138 100 Ohio Central Bait. Gas Light 6a.... 2mi Oanton(Balt.l— £ 68.g., Ohio AMias 100 21 do Pref. 100 Mort. 6s,g.,1904 JAJ 102 "15" Ohio Southern 100 "l5 Un. RR.lst, end.,6s. 116 Old Colony 100 16518 166 do 2d,end. 6s,g.MAN 92I3 11 ;9 92 Oregon A Calif.... 100 Col.CoalA Iron— 1st, 6s 101 1.J Pref... 100 {^Oig 21i« Cov.ACin.Bge.58,3-5y do 22 22 1021* Oregon Short L'ne years MAS 58, 5 281« 28%l Hend'n Bridge68,1931 109 Oregon Trans-Cont 122 Oawego A Syr., guar .Mariposa—78. '86 Panama 100 Or. Imp. Company— 9OI4 91 Pennsylvania RR. .50 i 513, 31% lst,68l910, J.AD. 7 Fensacola A Atlantic. Oreg.R. A N. l8t.6s,JAJ 112% 13 21% 221s Debenture 78, 1887. 102% Peoria Deo. A EV..100 62 63 Peter.'<biirg 100 1071a Con. .58 1925 J.AD.. 231^ Phlla. A Erie 50 Pullm'n Palace Car— 21 2114 Fhlla. A Reading. ..50 3d series, 88,'87FAA tl05ia 106 do Pref 50 4th do 8s,'92FAA (1151.1 116 Phlla. Wilm.A Bait. 50 "66 ij 67" Deb'nt're,7s,'88AAO tlOSi* I05i« Mlnmiiiri rncitlo...l00 Molillo .t Ohio 100 Morrl.i .te K'.t, (5H.,7.50 A Baltimore Pnrohaaer also pays aooraed Interest. . t In London. i Quetatien per skate. - Z 5 . . THE CHRONICLE. 546 [Vol. XLII. GENERAL QUOTATIONS OF STOCKS AND BONDS— Concluded. For Espliinatious See Notes Bid. Mining Btocks. Ask. Bank Stocks. at Bid. Head Bank Ask. 123 135 98 1501s 151 Gl'be Y.Mlll8(F.R.)100 105 177 180 Jeourity Grauite(F.K.)....1000 119% 120 68>4 iliawnnit 68 Great Falls (N. H.jlOO 1021* lUno&I.eather....lO0 102 Hamilton (Mass.) 1000 630 640 205 100 126 State Hartf. Carpet (Ct.)lOO 200 llOis 110% 100 67 Suflolk 65 100 mil (Me) Third Nat ,100 100 lOOM Del. DiT.— 68. '98.J&J 9914 100 200 I.IOO Traders' 200 Holj-oke W.PoTver.lOO 100 1131s 114 Jackson (N. H.)-.1000 1090 1100 Tremont 100 1451s U6 Union King Pliilip (F. R.) 100 105 110 Washington 100 133% 131 400 445 450 Ijaeonia(Me) 590 585 Webster 100 106% 107 Lancaster M.(N.H)400 85 Brooklyn. L'rsl Lake Mills (F. R.) 100 128 Lawrence (Mass.) 1000 U7h' 1600 Brooklyn First National..,.. 50 310 Lowell (-Mass) 690 765 775 240 150 237 Fulton 40: 140 Lowell Bleacliery.200 50' 300 City National Lowell Macb.81iop.500 855 9(10 76^2 7'i 60 130 Commercial LynianM. (M.'iss.).lOO Long Island 100 115 120 Manchester (N.H.) 100 133 136 128 Manufacturers' 1000 915 935 Mass. Cotton 90 Mechanics' 50 200 210 Mechanics' (F. E.) 100 100 200 210 Nassau Merchants' (F. R.) 100 Cliarleston. Merrtmack(Mas8)1000 1345 1350 B'kof Chas.(NBA)100 108 Metacomet (F.E.) .100 First Nat. Clias.. .100 200 Middlesex (Mass.). 100 197 199 85 Narragans'tt F. R,)100 People's National. 100 200 80 99 Flint Mills (F. R.) 100 Franklin (Me.).... 100 100 100 100 100 100 Revere Rockland Second Nat 122 133 ( Nashua (N. H.)....500 Naumkeag (Mass.)lOD N. E. Glass (Mas8.)373 Newmarket 450 91«i 82>s 350 Pacltlc (Mass.). -.1000 1612 1073 oOOilOTS Pepperell(Me.) Pocasset (F. R.)...100! Rich. Bord'n(F.R.) 100 455 92 83 355 1615 1077 50 KOboson (F. Riv.) 1000 Bagamorc (F. Riv.) 100 100 110 Salmon f'alls(N.n.)300 275 285 Bandw.Gla8s(Ma88.)80 39 1« 40 85 Bhove (Fall Riv.). 100 65 Blade (Fall Riv.).. 100 Stafford (Fall Riv.) lOOl Stark Mills (N.n.)10v)0;1030 1040 95 90 Tecuraseh (F. R.). 100 Thonidike(Ma8S.)1000 860 880 110 TrcmontiS:S.(M,a8S)100 lea's Troy C.<tW.(F.R.) 500 725 750 200 la Union C.Mf.(F.R.) 100 Wampanoag(F.R.) 100 120 130 2's 2 Wa8hingt'n(Ma8s.)100 Weed Sew. M'e (Ct.)25 65 Weetamoe (F. E.)100 48 45 WUllm'tic Linen((3t)25 York Co. (Me.) 750 850 853 BANK STOCKS. Baltimore. Bank of Baltimore 100 140 Bank of Commerce. 15 15 Citizens' 10 191s Com. & Farmers'.. 10() 120 34 Farmers' B'k of Md.3C Farmers' & Merch..4( First Nat.of Bait. .101 55 45 132 Franklin 101 Farmers'&Planters'2fi 6t: German American Howard Marine ... 56 46 112 i llifi 3( Mechanics' K Merchants' 10( National Exch'ge. 10( Chicago. Merchants' Nat.. .100 Metropolitan Nat. 100 Naf. Bk. of Amer..lOO Nat. B'k of Iliinois.lOO Northwestern Nat 100 100 Union National Un.Stock Y'ds Nat.lOO . 140 145 120 Fifth Avenue 100 Gallatin National ..50 Oartield lOd German American. .75 Germania Greenwich Hanover Importers' Irving Citizens' National Commercial Bank Fidelity National First National 25 100 50 Leather Manufts..lOO .50 Mechanics' Oriental . . 68 134 60 47% 110 100 162 100 65 132 1(X) 100 100 200 122 75 140 62 50 112 Atlantic Atlas ..100 ..100 Blackstone Boston Nat Boylston 100 100 100 100 lOO loo 100 100 100 Broadway Bunker Hill Central City Columbian Commerce Commonwealth ...100 Continental Eagle 100 100 Eliot 100 Everett IOC Exchange lOO Faneuil Hall 100 First National 100 First Ward 100 Fourth National.. 100 Freemans' 100 Globe 100 Hamilton 100 HJde & Leather 100 Howard loO Lincoln 100 . . . Manufacturers'.. .100 Market iOO Market(Brighton).100 Massachusetts 250 Maverick loO Mechanics' (8o. B.)100 Merchandise 100 Merchants' 100 Metropolitan 100 Monument 100 Mt. Vernon 100 New England 100 North 100 North America 100 Old Bos ton 50 People's 100 Hedemptlon 100 BepaMic iqo i. * Price nominal; 134 137 1221s 123 lllV 112 121% 122 1301a 131 100 187 ISO 106% 107 14 116% 117 1301s 131 125i« 126 Farmers' of Ky ... 100 Farmers' & Drov..lO0 FirstNat 100 German Ins. Co. 's. 100 German 100 German National. 100 Kentucky Nat 100 Louisv. Banking Co. 40 Masonic 100 Merchants' Nat. ..100 Northern of Ky ...100 liiO People's Bank II914 1191s Second Nat 110 110% Security 129 130 Third National 98 124 133 100 1211s 135 210 21 117 119 109% Uu Western New Canal 125 119% 120 105 112 Orleans. & Baukiug. Citizens' Germania Nat Hibcrnia Nat .. . 100 100 100 100 100 Mutual Nat 100 New Orleans Nat. .100 1171s 118 People's 50 110 110i« State Nat 100 100 :oois Union Nat 100 9Mli 100 Neiv^ Ifork. 133 103 222 128 106 145 110 214 140 151 138 107 135 America 100 1031s American Exoh'gelOO 225 Broadway 25 130 Butchers'* Drover825 IO6I3 Central National.. 100 I45I3 Chase National 100 112 Chatham 25 215 Chemical 100 141 City 100 ISHa Citizens 25 1381s Commerce 100 1071a Continental 100 Corn Exchange ...100 611s 62 157 160 East River 25 124 125 Eleventh Ward 25 137 139 First National 100 no late troasaoUoDS. } 160 120 130 140 142 225 135 138 123 100 100 160 .... 100 130 100 101 lOlis Louisiana Nat.. lOlij 10:i Metropolitan 124 109 69 132 39 135 140 114 Last price this week. 170 122 Firemen's Germania Globe 2C Merchants'* Manul 20 Miami VaUey 50 National 100 Security 100 Washington 20 Western 25 . JStna Fire Connecticut Hartford National Orient Phoenix Queen Fire & 118 85 186 15% 16% 3 41 78 67 43% and Traders'. Firemen's Germania 122% Factors' 81 l:t0 135 175 Lafayette 65 70 Merchants' Mutual 54% 60 110 Mechanics' & Traders' 110% New Orleans Ins. Ass'n 19% 2014 33% 39 New Orleans Ins. Co 15 People's 18 121 Hope Sun Mutual 110 115 110 455 100 . San Francisco. 165 124 iso' FIRB INSVR'CE STOCKS. Baltimore. 8% 8% 65 4% Boston. ion 145 Firemen's 17 20 70 100 50 100 40 100 30 50 17 German-American 100 Germania ,50 130 147 175 115 115 115 30 205 230 86 93 115 86 245 125 108 200 70 108 127 134 50 25 100 15 50 100 Home 40 70 Howard Jefferson 30 117 Kings Co. (B'klyn) .20 218 Knickerbocker 30 85 85 Lafayette (B'klyn) .50 Long Isl'd (B'klyn). 50 85 Munuf. & Builders'lOO 110 35 Mech. & Traders' ... 25 75 Mechanics' (B'klyn)50 50 58 Mercantile Merchants' 50 110 Montauk (B'klyn).. 50 90 Nassau (B'klyn).... 50 140 National 37% 86 35 160 N. Y. Equitable New York Fire.... 100 70 Niagara 50 150 25 100 North River 2: 160 Paciflo 98 100 Park 20 150 Peter Cooper 50 100 People's Phenlx (B'klyn) ....5( 135 Greenwich Guardian Hamilton Hanover . . M. .100 125 Brooklyn Citizens' Globe 92 7''8 122% 126% American 50 150 American Exch...lOO 95 Bowery 25 140 Broadway 25 165 Commercial 137% 31% 20% 7% 4% x xl27 Teutonia City Clinton 115% 100 310 100 140 100 160 100 235 International 100 90 Meolianics' 100 116 Merchauts' Nat 1(X) 102 St. Louis National. 100 125 Third National.... 100 108 105 Neiv York. 102% 107 | 232 300 137 27% 29% 104% 106 Contlneutal Quo tatlon per share. 230 116 285 128 79 178 98 175 100 Commercial &, 8S 130 170 Home B'k of Commerce.. 100 400 Boston 105 Hibcrnia 27 25 100 142 Merchants' Mutual. 50 National Fire 10 100 100 190 75 145 2% Life Crescent Mutual. Farragiit Anglo-Califoi-nia Bank of California FirstNat. Gold.... 100 Pacific 180 150' 34 Exchange . 100 50 170 97 33 130 124 143 . 210 3 151 FiankUn Fourth National 117% 65 50 67 Imperial Fire 25 157 161 5 Lancashire F. & L..25 5% London Ass. Corp. 12% 52 54 28% 29% Llv. & Loud. &Globe.2 47 North'n Fire & Life .. 5 49 34% 35% North Brit. & Mer. 8% Continental Eagle Empire City Nat 85 90 150 140 56 ITIe. Bank 100 100 100 100 100 100 50 90 100 Guardian 52 170 American F. ( Fidelity Cumberland Nat.. .40 51 CanalNat 100 188 CascoNat 100 149 FirstNat 100 H8 Merchants* Nat 75 122 National Traders'. 100 142 Associate Firemen's. Baltimore Fire Ins. 10 Firemen's Insur'ce .18 Howard Fire 5 Maryland Fire 10 1H« Eureka 99 135 54 246 Planters' Nat 100 State Bank of Va.lOO St. Iiouls. 103% 105% Enterprise 124 Merchants' Nat.. .100, Bk of VirginialOO 40% 285 158 96 95 135% iVat. 135 Commercial Eagle 125 125 First lU Citizens' 120 120 100 107 110 70 109 120 City 125 106 113 20 25 20 25 100 20 20 100 20 20 Royal Insurance Ne*r Orleans, Richmond, Va 137" 145 117 II7I4 120 118 120 327 355 5214 54 99% 101 165 135 275 154 119 150 175 3200 260 115 171 110 182 115 110 1050 70 1515 100 100 100 50 Portland, 145 37% 270 232 93 90 115 Cincinnati. Amazon (new stock) 20 Steam Boiler liondon, Ens Commercial Uuion. £5 62% 170 125 120 110 75 100 175 114 100 162 133 110 106 63 SeventhNat 131s State 102 SixthNat 130 United States Southwark Nat 124 I^oulsvllle. People's 2056 21 Spring Garden ....100 2f 'B'nk of Commerce. 117 Second National ..10( 150 Tenth Nat. Bank. ... Bank of KentuckylOO 155 Third National ThlrdNat 100 10( 106 Bank of LouisvillelOO 75 77 Union 50 841$ Citizens' National. 100 121% 122% UnlonNat 7f Western Western Nat 50 2C 100 120 321a City Nat Boston. West Philadelphia.lOO Falls City TobaccolOO 95 98 13i« 135 100 102 50 People's Philadelphia Nat. .100 105 103 Hartford, Conn. 150 306 Second Nat Neptune F. & M...100 96 North American ..100 102 Prescott 100 100 Shoe & Leather. ..100 85 Waslilngton 100 kH . J . 70 155 160 B'k of N. America . 100 325 Centennial Nat 100 140 Central National.. 100 300 City National 50 Eighth Nat 100 FirstNat 100 Farmera'&Mech.N. 100 Girard National 40 Kensington Nat 50 Manufact'r'rs' Nat.lOO Mechanics' Nat 100 Merchants' Nat Nat. B'k Commerce. 50 Nat.B'k Germant'n 50 Nat.B'kN. Liberties 50 Nat. B'k Republic. 100 National Security. 100 Ninth Nat. Bank Penn National 50 leo' 165 Second National 128 130 Third National Uuion Nat no's Western German Bank 220 50 100 City 100 Connecticut River 50 Far. & Mech. Nat. 100 First Nat 100 Hartford Nat 100 Mercantile Nat 100 National Exchange 50 Phoenix Nat 100 158 Consolidation Nat.. 30 Com Exchange Nat. 50 90 . 120 175 Commonwealth Nat 50 135 105 Ask. 100 92 130 Cincinnati 25 20 100 Columbian Commercial Nat Bid. 100 97 DwelUug House... 100 90 Eliot 100 127 Firemen's 10<, 180 Aurora 126% 70 30 25 50 100 Philadelphia. 97 157% IGO 100 112 98 160 . 150 106 Pheuix 122 Republic Second National. .IOC 250 Seventh Ward 100 100 Shoe & Leather. ... 100 St. Nicholas 100 115 Statoof N. Y 100 130 40 106 Tradesmen's United States Nat -100 201 . (Jueen City National 150 Merchants' 50 •133 Merchants' Exch'ge50 ;103 47% 48% Metropolitan 100 Nassau 50 125 192 New York lOOi 116 N. Y. Nat. Exch'gelOO 112 New York County 100 200 Ninth National.. ..100 120 North America North River Insurance Stocks. Boylston 185 Manufacturers'- ..100 38 39 Mass. Mutual 100 112 115 Mercantile F. & M.lOO 135% 13R 100 25 Mechanics'* Tr.. .25 [115 Mercantile 100 125 .Market People's 154 1371s 140 155 600 160 200 215 250 Fourth National 165 140 German National Merchants' National. Metropolitan Nat Nat. Laf & Bk. of Com. 210 140 105 170 105 145 282 132 175 158 151 155 Tr..-100 Manhattan 131 500 190 100 & Ask. Bid. Park 205 140 360 . 33 150 150 128 Cincinnati. Cincinnati National.. American Nat Charter Oak Nat Stocks. Fourth National. ..100 127 Fulton 30 110 Pacific 100 Commercial Nat ... 100 Continental Nat... 100 100 First National Hide and Leather. 100 Chicago Nat Hartford. ^tnaNat 100 118 20 of First Pai;e of Quotations. Rutgers' Standard 2; 5i Star 10. Sterling 10 Stuyvosant United States Westchester 2; 2f 117 10 3 65 50 110 157 100 145 175 190 125 120 123 33 213 245 90 102 120 93 275 129 115 225 75 112 133 140 75 123 225 90 90 90 120 15 oO 63 U5 100 145 90 166 73 155 106 166 103 160 106 140 125 105 80 60 115 1( 120 38 30 WiHta^T^linrsr f^tv..^' 'Sil !40 Ajssesamenc paid. 133 1 May 1, THE CHRONICLE. 1886.J 517 %nvt$tment 1982. Ret.-' llatlvaad IttttelXiflcucc. ANNUAL REPORTS. Pitlsbnrp Cincinnati & St. Lonig. {For the year ending Dec. 31, 1885.) 1868. 9 1884. 1885. « 82.1.447 %^aM in l.il'bt «4».(>2n H.'il.tmo Oillnl...Mi .V •!, i j.l.li,l«. I,o«ji()liSl.l,.V..VT. II. niu.oDo 222,1»W.'. 7ii,4i)a 2.31,216 ^lo.tut <illl,ll))0 1n:i.8.".o lOO.OOO 82.531 I7H,rn» lon.ooo I'll . 10.1,000 " Clii.AMuH. V. I{K. Miaoiilliuieoua Tntul • KxuluMve ftj.aoo 3»,01 42,<)03 i'6.4iJi' 2.006,422 ur. 93,020 BttlRnoo The report of Pregi.lent G. 13. U iberts aayg: "The tonnaue tran.s|)ortetl was 4,060,380 tons, against 3,630,919 tons in 1884 : of Col. Ohio. <& lufl. 3,000.033 <l«f..W,842 ««,»17 27,888 mss.fliia. dof.U7,aiO 1.775,903 40,16» dof. Cent OEMERAI, BALAMCB AT CLOSE OF EACH an increase of 435.407 tons, being entirely in through traffic' riSCAI, TBAB. and mainly in lumber, coke, ore, provisions, agricultural 1882. 1883 1884. 188B, Aueli— products and miscellaneous manufactures. The coke traffic 9 • • RR., eqiilpiiipnt, Ac. 19,005,063 20.605.107 shows an increase of about 48 per cent, or 03.720 tons. The Stocks 20.708,277 20.87O.74O owniMl, o<wt.. 67,200 1,085,967 l,0n.5,967 1,0^5.967 decrease in ooal tonnage was due to the falling otf in 283,000 the BoikIh <iwii"<I, cost .. 23,750 23.750 Pittsburg local traffic, caused by the substitution of natural Bptlonn'ls to I'sM r'ds 656,777 2U,3IM 21,744 38,170 .feftfcts. rccelv.. 1,001,034 1,107,502 gas for fuel in place of coal. There was an increase in freight Kills 1,119.287 1,036,301 MitK'Hiils, hiel.&o... 832,030 474,337 2:?2,014 3S9,90.% earnings of $87,407. The average rate received per ton 437,707 per ChhIi on hmid 317,725 2.58,918 276,134 ('In. 8tr. Conn. Ky... mile was 5 8-10 mills, as compared with 6 3-10 mills for 64.6.)e 04,639 64,630 the Profit Si I0H8 tialanco 64.639 282,465 previous year; the average cost was also decreased, but not 232,415 396,124 428.483 to as large an extent, the result being a decreased profit Total nssets on this 23,611,814 23,908,010 24,060.720 24,214,268 class of traffic. lAabUUies— 9 9 9 Stock, common 2,508,000 carried 2,^08,000 1,361,427 passengers, a? compared with Stock, preferred 2,508,000 2,5«8,000 ok?A~f ^^^^ 5,029,200 5,929.200 5,929,200 1,333,0.4 5,929.200 1884, the loss being in local travel. There was a BonUs 12.617,000 12,»517,000 12,617,000 12,617,000 decrease of $106,575 in passenger earrings, of which the 1,212,134 1,092,961 larger All otlicrdnesA aco'ts 1,451,050 2,013,724 Duo Wttlo Miami RR. proportion was upon the same traffic. 8 17,390 817,360 845,826 815,826 DuoC. C.& I.e. RR.. 134,001 "It will be noted that there was a decrease in the operating Cin. Street Conn.bds. 282,.50O 202,500 262,500 262,500 expenses, although a large sum was expended upon permanent MlooeUaneoug 50,989 50,989 417,144 38,018 improvements. The main items of this outlay were the conTotal UaWUtles 23,611,814 23,908,010 24,080,720 24,211.268 struction of iron and stone bridges and additional sidings the change of the channel at Harmon's Creek, thereby dispensing Grand Bapids & Indiana. with two bridges, the completion of the Columbus shops and (For the year ending Dec. 31, 1885). the improvement of the connection with the Cleveland & The annual report for 1885 Pittsburg Railroad at the west end of the Steubenville bridge " says " The gross revenue baa As to all the lines operated by the Pittsburg Cincinnati & decreased $170,1.55, or 8 per cent, and net llO.OO-l, or 1-6 per In the calculation of net, betterments are excluded St. Louis, the report says: "It will be noted that there was a cent. from the expenses of this year, as for 1884. Freight earnings '1 the tonnage of your lines for the past year r?S§f J"°''«''*« decreased 8-1 per cent. This is largely due to the rate 7,386,169 tons having been carried in 1885, as against 6 732 war 104 which has in 1884, a gain of 634,065 tons. This was accompanied, how- tons carriedprevailed for so much of the year. The number of ever, by a still further reduction in rates, averaging one mile was 99,991,291, as against 100,197,431, a on your main hues about one mill per ton per mile, so that, while they decrease of 206.140 ton-miles, or 0-2 percent. The average rate per ton per mile was 1-217 cents, a decrease of -105 cent were called upon to do a largely-increased service, the gross The local tonnage decreased 15-9 per cent, while the through ajnd net revenue therefrom were materially reduced, and in "* increaised 4-5 per cent." the case of the Little Miami road the traffic was carriea at an " By the general settlement reported to you last absolute loss." * * * "There was a heavy reduction in year, the the interest account has increased from 1406.317 in 1884 to passenger traffic over your entire system, the number of 1714 pas100 in 1885, an increase of $307,782. The net earnings of the 3,399,460, against ^^°S 3,579,456, a decrease ^ISn'^ni*"'^'' I-. proper w^ere $603,715, leaving a deficit of 279,990 passenger?. There was a general reduction also in * of $110,884. Aj?"to this all other Add the lates on this traffic, ard a reduced profit therefrom charges to income, and we have a total upon deficit of $140,698, which has been paid from the surplus fund nearly all your roads. The depressed condition of the ct country previous years. The other charges to income are as follows isclearly reflected, both in the reduced volume of passenger Loss operating B. V. L. T. & M. RR., $3,049; advances to C. teavel and the decreased consumption of general R. merchan* * * &F. W. RR. for year 1885. $12,874, interest for 12 months upon due, advances of previous years, $14,388— ^^*®' $27,263; total, y°"'' company surrendered possession $30,313. *'!?";J?'"?*'"^ ^' Earnings, expenses, &c., for four years were as follows ot the Cincinnati & Muskingum Valley Railway, in obeiiience to a decree of the Court of Common Pleas of EARNINOij AND EXPENSES. Jefferson County, Ohio, rendered November, 1885, in the suit of Samuel 1882. 1883. 1884. „ ^ 1833 Jeanes Earnings fromand others against your company and the Cincinnati & Mus$ $ 8 9 Passengers 760,500 f65.515 809,616 609.091 kingum V alley RaUway Company. This suit was brought in f^'e'gl't ... 1,396.634 1,443 500 1,324,186 1,216,783 June, 188o, by the parties named as stockholders of your 103,157 108,489 126,598 com- Mail, express, &c... 120;269 pany, upon the ground that the lease was a fraud upon the Total earnings.. 2.260.291 2,361,605 2,116,299 1,946,143 rights of the minority shareholders; and that the lessor had Op. exp. and taxes.. 1,678,230 1,721,507 1.502,579 1.342)428 not only failed to observe the covenant in the lease under Net earnings which it was to provide for betterments to the road, butthat it 582,055 640,098 613.720 603.715 74-25 7 -90 was now and probably always would be wholly unable to ful- P.c.of op.ex.to earns. 7100 68-98 INCOME ACCOrNT. nu Its covenant in this particular, or to reimburse your com1882. 1883. 1884. 1885. ?'^^«°ce8 made, over and above the net earnings, to Pi?°?, s s $ 9 the Muskingum Valley Company, to enable Net earnings it to provide for 532,055 610,098 613,720 603,715 bttterments and to meet the interest on its bonds. — Disbursements These Interest on debt advances now amount to |1,081,013. Leave was 473,065 4 19,995 387,068 714,100 Int. on Penu.Co.coto 25.903 25,902 21,586 tvMi J. Henry, a stockholder in the Cincinnati & granted to Loss Muskingum on leased roads 7,271 20.920 9,027 3,050 VaJley Railway Company, on his own application, 12,011 17,003 37,255 to intervene Adv.& int— O.R F. W. 27,263 the suit referred to, and an appeal was taken M. I'n 9,625 19.250 19,250 by him from Int.onG.R.I.,St Int. on cps. prior JTS. 33,416 the decree referred to, to the District Court, in which no decision has yet been reached." Total dlsbursemts. 532,875 533,070 067.602 744,413 The operations, earningF, income, and general sur. 49,180 sur. 107,028 8ur. 46,118 def. 110,698 balauce at end Balance ^ year, compiled for the Chp.omcle, were as follows* Includes $89,075 for interest upon the debt to the guarantor for couOPEBATION.? AND FISCAL RESULTS. pons of years previous to 1884 hoth coupons and Interest were included m . : ***** . , m ; Miles operated Operations— PttSfengers carried.. 1382. 1883. 201 1884. 201 201 1,161.538 Passenger mileage.. 39,394,890 Rate $ pass'r ^ mile 2-52 cts. Freight (tons) moved m»-maea;^::4il;ll?:S^^ ""Ar^^*-"^""'" "'''%"" 1,23.5,983 40,42.5,700 200 ets. 1.323,074 40.000,657 252 cts. 1885. 201 1,261,427 41.343.304 2-21 Its. 4,000,386 '''V"- "•'"«"'" "H"'"- Ac... «RU-S^2 2,927,998 292.705 1.052:014 3,243,007 328,059 1,019:875 2,706,212 2.7<I3,020 SloilTO 326,704 Total gross earnings. Op. exp. and taxes.. 4,214,923 2,831,000 4,623,740 3,087,465 4,045,257 2,731,960 Net earnings 1,383,923 67-17 1,536,275 66'77 INCOME ACCOUNT.* 1882. 1883. 1,313.207 67-53 F^Sr"" '•^f'elit Mall, express, P.c.of op.ez.to eam's Reeeipis— Net enrnings Rentals and Interest net from I'sed roads. Miscellaneous Totallncome $ $ 1,383.923 19.636 1,536,275 8,784 609,271 86,521 401,132 2,099,351 1,946,191 1884. $ 1,313,297 4.624 423,531 1,741,452 In the geuoriU settlement. 913.299 Kentnckj Central. (For the year ending Dec. 81, 1885). The President's report states that "the failure of the wheat crop along the line, operated to diminish the earnings from local freights $.53,918 and the tonnage 21,456 tons. There was, however, a gain of 33,055 tons in coal and through freight, leaving a net gain of 11,599 tons over last year: but the compensation per ton mile having decreased 2 217-1000 cents received in 1884 to 1 991-1000 cents for 1885, this decline of 10-18 per cent in rates produced the loss of $35,871 in th« yfar's earnings. In the passenger traffic there has besn a 1,351.090 decrease of 1-91 per cent in the numt)er of local passengers 66-48 carried and of 6-70 per cent in through passengers, a total decrease of 2-39 per cent for the year. There has also been a 1835 reduction of 14-43 |)er cent in the average length of the local $ 1,851,990 haul, and to this fact is attributable a considerable share of 4,835 the decrease in the passenger earnings.'' * * 378,330 " The operating expenses have absorbed 63-45 per cent of 689 the gross earnings, against 65-46 the preceding year, and are 1,735,741 $66,169 less than in 1884, a decrease of 10-96 per cent." • • 4,033,023 2,0S1,633 : : THE CHRONICLR 548 fVoL. XLU. " An arrangement was made with the holders of the $320,Toledo Ann Arbor & North Michigan. 000 Covington & Lexington 7 per cent bonds, due on June 1, {For the year ending Dee. 31, 1885.) 1885, by which they were extended for a pei iod of five years, The annual report is not yet out, but from the statement have annum. per per cent exceeding 6 not with interest been unable to perfect suitable arrangements for crossing the made to the Stock Exchange the following earnings and Ohio River and for terminal facilities in Cmcinnati, and this, income account for 1885 are obtained $261,959 together with the failure to secure the co operation pledged Southern Division earnings Operating expenses 150,192 by the lines formed to operate a new through line from Cincinnati to Southeastern points and Florida via Livingston and Net earnings $111,767 Jellico (an essential measure to maJke the extension profitable), Northern Division (under construction) earnings $39,263 25,913 have arrested the development of the earning power of the Expenses road, and the earnings have in consequence fallen considerNet earnings $13,353 ably below our expectations and the requirements of the fixed Whole line, gross earnings $301,226 charges for the year, which have been, including $25,833 for Operating expenses 176,105 taxes and $13,200 for judgments chargeable to previous years Net earnings $125,121 operation, $399,513, or $89,893 in excess of the surplus availLess taxes 4,400 able for their payment." Earnings and income for three years were as follows Balance $120,721 We : : The income account EARNINGS AND EXPENSES. Miles operated 1383. 1884. 1885. 250 250 253 From— $305,962 469,769 26,2«5 15.274 $337, =63 520,821 35,927 21,188 $295,220 484.950 36,063 23,690 1.028 20,654 1,631 4,675 1.122 6,026 Total Operating expenses $838,075 485,233 $922,107 603,620 $847,071 837,450 Net earnings Per cent of oyer. exp. to earn's $353,742 $318,187 65-46 $309,621 63-45 Passengers rrelght Express Mail Telegraph Miscellaneous : 57'82 is given as follows INCOME ACCOUNT DEC. 31, 1885. Interest on bonded debt— On $1,260,OOOT. A. A. & G. T. Railway bonds, 1 year On$100,000 T. A. A. & N. M Railway bonds, 1 year On $400,000 T. A. A. & N. M. Railway bonds, issued Nov. 1885, 'i Balance $75,600 24,000 1, months, 4,000 sui-plus carried to 1886 34,5.57 Total $138,157 $17,436 $301,226 180,505—120,720 Balance from 1384 Gross earnings Less expenses Total $138,157 INC05IE ACCOUNT. Net receipts Disbursements— 1883. 1884. 1885. $356,819 $318,487 $309,621 $52,000 214,563 39,731 $62,074 256,880 50,402 $61,210 255,250 09,853 Rentals paid Interest on debt Taxes and miscellaneous GENERAL INVESTMENT NEWS. Buffalo N. T. k Philadelphia.— The statement for March since October 1 is as follows and : March. 1886. 1885. . $306,294 sur. 50,525 Total dlsbursemente Balance" $369,356 50,869 det. $386,313 76,692 del. •Tlie surplus Dec. 31,1884, was 5719,327; deduct (deficit as above, $76,692. and $13,200 paid lor old claims) $d9,892, leaving balance to surplus Dec. 31, 1885, t629,435. West Jersey. (For the year ending Deo. SI, 1885.) The annual report of President G. B. Roberts says: " The semi-annual instalments to the sinking fund were regularly paid. The direct contributions to this fund have been $243,750, which, together with the increment thereof, $315,63.5, is invested in $469,700 mortgage bonds at par of your company and of companies which are operated under lease or contract. " The entire issue of the stock and bonds of the Ocean City Railroad Company being held by your company, it was deemed expedient by your board to consolidate and merge that company into the West Jersey Railroad Company, and an agreement for such merger was ratified by the stockholders on the 27th of August last. " The capital stock of the company was increased seventeen shares, one share under the agreement of merger of Ocean City Railroad Company and sixteen shares by the conversion of dividend scrip. The amount of this scrip now out* * standing is $199 50." " Your holding of the capital stock of the West Jersey & Atlantic Railroad Company now amounts to 4,468 shares, being an increase of 793 shares. The earnings of that company have been suflScient to meet its fixed charges and to pay a dividend of five (5) per cent upon its capital stock," * * " The traffic on all sea-shore lines shows a decrease during the year, owing to the continued depression in the manufacturing interests of the large cities." Comparative statistics for four years, compiled for the Chronicle, are as follows: Miles of road owned Miles leased and controlled Total operated. 1882. 1883. 1884. 106 69 1885- 108 80 120 80 120 80 175 188 200 200 Grosseamings $204,743 Operating expenses.... 165,462 Netearuings 1882. 1883. 1884. s $ 770,632 357,652 99,370 Total gross earnings. ..1,109,410 1,227.654 785,758 1,319,648 654,743 451,667 441,896 503,305 Passenger Freight Mall, es press, etc Op. expenses and taxes — Net earnings 825,590 390,196 103,862 816,343 INCOME ACCOUNT. 1882. Receipts— Net earnings Other receipts Totallncome Disbursements— Rentals paid Interest on West Jer. debt.. Netearu.ofW.J.«S:A.RR.,&c Dividends Bate of dividend Total dlabui-sements.... Balance, surplus 1883. 1884. 1885. $39,281 $ 441,896 $ 503,305 11,966 454,667 441,896 515,271 490,625 36,571 178.888 73,075 85,232 41,270 175,174 39,0n8 175,174 90,6ti>< 81, 990 177.118 57,775 82,807 6p. c. 350,734 103.933 6p. c. 373,766 68,130 87,788 6 p. e. 394,900 120,371 1884-5. $44,582 — Cleveland March and & Grosseamings Net earnings — The gross and net earnings months from Jan. 1 were as follows Canton, for three March. 1886. 1885. $28,709 $24,400 19,151 19,495 $9,558 $4,905 . ^Jan. for : . to March 31.^ $71,169 55,504 $66,673 56,658 $15,665 $10,015 1 1886. 1885. Denver South Park & Paciflc.— The price at which this 1,286 012 company's stock and bonds were sold to the Union Paciflc, 809,393 and all the circumstances attending the sale, and its unprofitresults, would form an interesting item in the Union 476,627 able Pacific history. The Union Pacific is under no legal guarantee to pay the interest on its bonds, and it has advertised that it 1885. would purchase the May coupons. The Boston Transcript has $ 454,667 $ 33,034 Mch Z\.—. Chicago Rock Island & Paciflc. In reply to interviewers. President Cable, of this road, is reported as saying that his company's issue of $10,000,000 of new collateral trust bonds was to be used for extensions and developments on a large Plans were not yet sufficiently shaped, however, he scale. Material changes said, to warrant making them public. might have to be made, though of course upon every essential point the company's officers were fully agreed. About 700 miles of new road would be built. The extensions were to be west President Cable thought that in about of the Missouri River a fortiught he would be ready to answer all inquiries as to the details of the new enterprise, Operating expenses 800,185 384,328 101,499 Oct.l to 1885-6. & Ohio. — The Ihalf interest B " bonds of this company , $ 709,017 306,788 93,605 ^6 mos. $267,492 $253,536 in cash due May 1 is not paid, bat in lieu thereof J^ of the face of the coupons is offered to bondholders, or $10 on each coupon, the balance t)eing paid in If this one-third of the interest is all that is earned scrip. and applicable to the bonded interest, it is all that ought to be paid, but should the interest on ordinary promissory notes of the company be paid in full, while the interest on its bonds IS only paid in part? In his annual report, Mr, C. P. Huntington distinctly advocates the principle that floating debt should take precedence of bonds, and suggests that the bondholders should assess themselves to pay off the floating debts, and should also reduce the rate of interest on their bonds. His words were as follows: "The interest on the floating debt of the company represents about 1 per cent of the par value of the series "B" bonds, and it would, without doubt, be advisable for the holders of that class of bonds to provide for the liquidation of the floating debt, and at the same time reduce the rate of interest on their securities by bringing the interest liabilities within the earning power of the road." Chesapeake on the series " EABNINGS AND EXPENSES. Earnings— . $188,969 $1,202,287 $1,102,841 144,3«7 934,795 849,305 476.627 14,008 8i), C : 13 p. C. 385,375 105,250 We are now enabled to give an abstract from the thefollowing: annual report of the Union Pacific for 1885, to be issued next week, showing the results of operating the Denver South Park & Pacific in 1885, compared with 1884, This statement is as follows Gross earnings Operating expenses 1885. $1,145,495 1,102,343 1884. $1,194,069 1,427,547 Taxes $13,152 59,281 t$233,478 63,514 Defloit $16,129 $296,992 Surplus Decrease. $48,574 3-25,203 * $276,630 ,4,233 $280,863 : : May 1. THE CHRONK^LE. 188«.J 1834. 1985. Gain on <'iiiili>inent. 304,740 luureet on l>ouds Norfolk k Weatern.— The now and net eaminei for March and since Jan. 1, 1886 and 1880, were as follows Dtertate. 92,099 33.620 202,902 Invontiiiflnt... Dcflcit In I|I2,000 ;<H.II2U • 649 ,- 10,748 - —Uarth. 1886 9327,200 9304,740 Total rbarges aroMeamtng* 922,460 Op«r. oxpen. Total *«21,193 $320,869 (loflolt 8300,324 — Jnly 1 , . 18H6. K(-t)iuary Marcb TotalOmos 93,23e,900 $3,193,523 $1,289,217 $1,151,916 — March. . Nov.\lnUchZ\. , 1885-°. $1.11,089 1885. 1886. Gross earnings Operating expenses $23,799 Net earnings $6,926 $32,276 17,937 16,87:1 & On the Totals Net earnings Other ineome $96,930 35,374 $79,910 31,398 $17,020 3.97« Total income $132,304 147,745 $iii,;:o8 $20,f'9R 151,5H0 •Uu. 3.845 $10,282 dfc. $'4,841 for : ^Julyl loMchSl.— March. 1886. $115,171 83,419 Net earnings — $31,752 ISSo. 1885-86. 1884-85. $109,252 $l,0tl5,093 $1,12.5,346 97,680 731,-i46 889,702 $11,572 $333,817 691,612 & Erie the net result, after . , $J,988,596 $3,524,925 $2,982,172 Total 3 months. $10,872,866 LINES WEST OF PITTSBUKO A KRIB. Net Surplui or ilejicit after charges. 1885. 1886. Diff. in 1886. Def. $42,807 Loss $86,900 . Def. $129,707 January Def. 205,180 Gain 103,233 Def. 101,947 February Gain 57,437 Def. 84,206 Def. 26,769 March $24,234 7.264 Gross eariiinKs Operating expenses 1884.5. LIKES EAST OF PITTSBORO ASD ERIE. Kel Earningt. aro»i Earnmge. 1885. 1886. 1885. 1886 $3,277.'522 $951,541 $3,421,536 $990,574 1,267,604 3,549.475 3.075.700 830,489 1,305,780 1,161,109 3,635,374 3,901,855 March $456,716 376,8C6 for 56!».964 west of Pittsburg Febriiary $481,000 384,070 March and 594.24') 858,. 16 . Increase. and net earnings nine months from July 1 have been lines January : $13,441 gross I88S-6. $3,640,981 93,350.569 3",052 113,OC8 182,708 168.000 409,062 237,138 of 1885. $48,686 1885. Deficit . 1884-5. $6,627,719 553,582 payment of all charges, shows a gain of |37,437 in ilarch, Since Jan. 1 the net 1886, compared with March. 1885. result shows a gain of $73,772 compared with the same period . $141,461 75,138 Memphis & Charleston.-The —The — 1886. ami taxes 1880. 9l,27«,e2S 743.068 Pennsylvania Railroad. The gross and net earnings in March are compiled for the Chronicle below. In March, 1886, there w.as an increase of if2G6,4Sl in gross earnings and an increase of .$144,071 in net, compared with March.'8.5. Since Jan. 1 gross earnings show an increase of 1884,270, and net an increase of $.543, 753 compared with the same period in 188.5. — Interest, rent 1886. Total 9 months. $8,<i75,955 $8,442,877 $1,262,803 $3,877,723 Land sales for the same period in 188.5-0, 281,241 acres; amount of sales, including town lots, |1, 067,270. Long IsUind. The quarterly statement of the Long Island Railroad for the three months ended March 31, as submitted to the New York Railroad Commission, is as follows Expenses 1885. $6,743,269 480.3;W March & GroBseamings 9261,437 . $66,323 Houston & Texas Central.— At Galveston, Texas, April 26, Trust Company of New York, trustee of the Farmers" Loan Texas Central Railthe general mortgage of the Houston road Company, filed a bill of foreclosure against that road in The general mortgage was the United States Circuit Court. executed April 1, 1881, and authorized an issue of f 18, .500,000 gold 6 per cent bonds. The trustees for ihe first mortgage bonds instituted a suit of foreclosure against the railway several months ago, which suit is still pending. $14,339 Puclflc. Jnlyl toDeo. 31. January February 1884-5. 102,403 9282,030 IHH', : Port Worth & Denrer City. The gross and net earnings for March, and from Nov. Ito March 31, have been as follows: . 381. 'il3 9483,360 91.201,231 254,051 775,445 1885-6. . 111,878 81,715 »e4.-.'i-.I 435,072 $228,405 9519,785 $198,218 9532,956 groes and net earnings thus far in the fiscal years ISftl-S."! and 1885-86, by months, are as follows, reported for the Chronicle Oroei Earningt. Ifet Xarningi yet Earningt. 1884-5. 1885-6. $98i),513 $8:>';.039 1(I0.2H4 103.914 120,274 84,486 Mareh 3 1 .— Noteamlngs Northern 1 92,227,459 $2,129,343 427,885 324,032 341.386 311.894 344,023 324,401 to Dec. 31 January $80,171 Grass earnings $46o.l47 Operating cxiicnses.... 261,928 — arosf Eaminffi. 1881-5. 188n-«. 9120,931 to 971m,(ki2 Northern CentraL— The statement of ktow eamlnfcs and expenses for the month of March and nnce January 1 is as follows: MareS. ^3 m. ended Hehai.-. April 26, the attorneys for the bondholders of this railroad, which has l)Pen in the hands of a receiver for nearly a year, filed in the United States Court a bill of foreclosure of the three mortgflgps on the road. East Tennossee Virginia & Oeorgla.—The committee announce that they have now on ileposit with the Centr.il Trust Co., under the plan of reorganization, the following securities: Consols, 114,378,000; income Iwnds, if;l;i,004,000; preferred and common stock, 183,289 shares. In order that all security holders may have an opportunity to participate in the benefits of the agreement, the time during which they may deposit their securities has been extended feven days, until May 4, inclusive, after which date they will be received only on such terms and conditions as may be determined upon by the committee. The gross and net earnings by months, reported for the Chrosicle, areas follows . m.Jan. I 1886 9220.4V6 156,375 134.245 A taZM... Netearnlnn Des IKoInes Osceola & Southern.— At Des MoineB, Iowa, -. --3 188.*^. »277.3(i7 $2;;5,614 nio.s.... Gain $73,772 Def. $332,195 Def. $258,423 Philadelphia & Reading.— The sale of Philadelphia & Reading Railroad securities at auction at the Real Estate Exchange on Wednesday was largely attended. There were $1,000,000 first series 5 per cent consolidated mortgage bonds and $3,000,000 second series, which were pledged with the Central of New Jersey Company. The first series bonds were olfered flist, and were bought by Mr. Wharton Barker, of Philadelphia, who succeeded in securing the lot, with the The bidding was exception of a single hundred th usand. general and lively, and the first sale was at 55 and the last price was 60. There was a slight dispute about one lot, which was knocked down to John W, Ellis at 58^^. This lot was subsequently bought from Mr. Ellis, giving Mr. Barker the entire $1,000,000. The seconds were put up, and starting at 31 a single lot was sold at 25,i^, when the remaining bonds were withdrawn. The .•J;(J03,750 realized will reduce the debt to about $800,000. Mobile & Ohio. The gross and net earnings for March and At 251^ the remaining $1,900,000 of second series would realfrom July 1 to March 31 have been ize $474,.500, and leave about §325,000. March. July 1 to March 31. —The new Reading car trust, which has been authorized by 1886. 1885. 1881-5. 1885-fi. Gross earnings $l!io.956 $l,5»»,i46 $144,687 $1,741,158 the United States Court, will not be issued for nearly two Operating expenses. 116,227 134,622 I,lSil,3l8 1,098,076 The total amount of the new certificates will be months. One-fifth of Net earnings.. $28,460 $36,334 $301,370 $519,840 $7.50,000, and they will bear 6 per cent interest. Vevr Tork Lake Erie & Westem.— The statement of gross them will be drawn and paid off yearly. The result of the joint operations of the Philadelphia <fe and net earnings for .sis months of the current fiscal vear Reading Railroad and Coal & Iron Company in the month of is given below, by montiis, and the gross earnings include 68 : , . — per cent of the earnings of the New York Pennsvlvania & Ohio, leased line, the other 32 per cent of the earnings of that lino being paid as rental. The net earnings are correct as showing the actual results to the New York Lake Erie & Western Company. October November... December Jamiiiry Fehriiary March Tot.ll 6 nross JCamlngs. 1885-86. 1884-85. $1,9^0.648 $1,867,857 1,912.526 1.70:^,338 1,872.887 1.570,;!85 1,S15,143 1,531,601 1,551,486 1.371624 1,793,220 1,568,522 months.. $10,642,371 $9,397,169 Eariunqs. 1884-8 5. 188S-;e. A'ef . . $674,410 609,«74 515,360 302,308 332,587 519,354 $(i27.842 $2,953,993 .$2,236,612 187,825 :150,343 170,638 235,827 364,137 fiscal year (including Centtul Jersey Railroad, leased), was an increase of $403,.524 in gross earnings and an increase of $00,031 in net, compared, with March, 1885. For the four months from Dec. 1 there wasan increase in 1885-6 of $1,141,406 in gross earnings and $330,936 in net, compared with the same periotl in 188-t-o. March, the fourth month of the New Gi-oss Kcceiplt. . 1885-6. December January February March Xet Reeeiptt. . . 1885-6. 1884-5. $3.31)0,384 2.69 1.1 5.-. $3,937,787 2,869.913 2.676.017 3.377.495 2.764,266 2,973.971 Total4month8 ...$12,961,242 $11,819,776 . 188i-5. $1,110,833 606,085 562,074 679,143 $871,457 $2,958,135 $2,627,109 542.55.< 60O.07R 613.112 Rome Watertowii & Ogdensbnrg'.—This company makes New Tork Stock Exchange,- The Governors of the Stock the following statement for Slari-h and for six months: Exchange have admitted to dealings the following securities ^Ocl. 1 to March 31.-^ Jtarch. Rome Watertoivx & OoDENsncRa R.\ilro.vd Comi-axy.— 183.5-6. 1884-5. 1886. 1885. $152,S27 $901,715 9802,.W3 $123,287 Gross cirnings An additional $8.37,000 consolidated per cent bonds, making .592.000 96.446 559.255 101.781 exp.andtaxes.... Operating amount now listed $<i,;i;37,000. : , . .j Delaware & Hudson Canai, Company,- An additional 1117,000 of Albany & Susquehanna Railroad consolidated 6 per cent bonds, making total amount now listed |3,000,000 7 per cent and $.5,117,000 6 per cent. Toledo Ann Arbor pany.— First mortgage & North Michigan Railway Com- 6 per cent convertible bonds, uary 1, 1921, of the Toledo Ann Arbor road to the amount of $1,200,000. & due Jan- Grand Trunk Rail- S61,043 Net cainini:9 $26,841 $;li)9,715 9243,298 Joseph & Grand Island.— The gross and net earnings for ilarch, and for three months, Jan. I to JIarch 81, were as St. follows: . -March 1886. $112,136 Gross earnings 46.919 Operating exrenses.... BCNot eamlDgs $65,497 . 1885. .-Jan. \ to March 31.— 1986. 188\ $118,695 63.527 9278.811 147,019 fJsa.oSI ISI.CSS $55,H8 $l36.7i)2 910?0!S THE CHRONICLE. 550 Supreme Court of St. Louis Alton & Terre Haute.— The the United States has just reversed the decree of the lower Co., court, which was in favor of the St. L. Alton & T. Haute the for $664,874 against the guarantors of the original lessee, Indianapolis & St. Louis. The lease was for $450,000 a year, and its terms were guaranteed by the Cleveland Columbus Cincinnati & Indianapolis and Lake Shore jointly for onethird, the Pittsburg Fort Wayne & Chicago for one-third, and the Indianapolis Cincinnati & Lafayette for one-third. For several years after the collapse of the latter company, the other guarantors paid the whole amount of the lease, but The finally refused to pay more than their respective thirds. for $664,874, St. Louis Alton & Terre Haute brought suit amount of unpaid rental, and obtained from the United States Circuit Court a decision in their favor, which is now reversed by the Supreme Court, on the ground that the defendants had no right to make such guarantee. The full text of the decision will be ready in a few days. Texas & Paclflc— A plan of reorganization has been proposed by the committee in Philadelphia of which Mr. Wistar The plan is so unfavorable to the Eio Grande is Chairman. Division bondholders, and particularly to the stockholders, that these interests will hardly come into it. It appears to be drawn mainly in the interest of the floatmg debt holders (the Missouri PaciHc RaUroad), who are using the consolidated bondholders for the purpose of getting control of the newcompany at the least possible cost. The large claim of the Missouri Pacific against the Texas & Pacific (about $1,800,000) has never been explained in detail, validity established, so far as we know, and now it is to acknowledge it in full without inquiry and issue Ereposed Pacific stock. ve times its face value in new Texas Present stockholders are called on to pay an assessment of two-thirds the full value of their holdings, by surrendering two shares out of three, and after this assessment there is no cash in the treasury for improvements, and they have a mortgage debt of $40,000,000 ahead of them The effect of this plan would be to assess present stockholders the enormous assessment of 66-3 per cent on their holdings, and at the same time the Missouri Pacific would take about $9,000,000 of the new stock for its claim, leaving the necessity of purchasing only a small amount to obtain a clear majority. There would certainly be no inducement for the old stockholders to purchase a single share of the new stock at nor its & So bold a 15, and there is no guarantee that it would be sold. plan to squeeze out stockholders and get possession of a company has seldom been proposed, and it would be far cheaper for stockholders to pay a cash assessment of 10 per cent on their presentholdiogs, and thus put over $3,000,000 in the treasury, than to be practically wiped out by this plan proposed in the Gould interest. It is quite right that the old consolidated mortgage bondholders should be fully protected and get both principal and interest, and if they consented to reduce their future rate of interest to 5 per cent, this would be a reasonable concession on their part but a preferred stock for the floating debt at its par value would be sufficient for that class of indebtedness. As an outline of what mieht be a fair and simple plan of reorganization, the following is suggested 1. Pay all interest due to the holders of the consolidated bonds, leave the principal unchanged, and stamp future coupons at 5 per cent. 3. On the Eio Grande Division bonds and N. 0.» Pacific bonds, fund overdue interest and interest till 1889 into pre; : [Vol. XLII. COMMERCIAL EPITOME. Friday NiaHT, April 30, 1888. the strikes of workmen have been adjusted, but others have occurred, including fresh troubles to-day with railroad men at Chicago, and other contests are threatened. These multiplied and prolonged disputes have almost entirely destroyed speculation, and caused dealers and manufacturers A number of their pressing needs. The effect upon business has been very unfavorable, except that it has promoted exports by preventing any improvement in values, which, under ordinary circumstances, might attend a decrease in supplies. There have been local storms of some severity, and the overflow of the Lower Mississippi River has become to limit their purchases to but the weather generally has continued springlike, favorable to planting and sowing and to the germination of the seed, and promoting the complete resumption of inland serious; which had been delayed somewhat. There has been some depressioa In lard, caused by the free navigation, deliveries on May contracts and the general lack of speculative confidence, notwithstanding the very free export movement which has been in progress. To-day the market was firm, closing at 6-15c. for May, 6-20o. for June, 6"27o. for July, 6'34c. for August, 6"41c. for September and 6 47c. for Oct. Lard on the spot closes quiet but firm at 6 05c. for prime city, 6 17)^® 8'23i^c. for prime to choice Western and 6"40o. for refined for Pork, at some decline, has been more active, a5@$9 50 for old mess, $10 35@$10 50 for new mess, $10 75@$11 for family and $11 7o@$12 50 tor clear. Cut meats have been more steadily held, with a fair inquiry pickled bellies close at 5@ 5%c., pickled hams at 8J^@ 9i^c. and smoked hams, Q^lOo. and shoulders shoulders at 4J^@ 0.140. 5i^@6c. Baef is dull at $3® $8 50 for extra mess per bbl. and $15@$17 for India mess par tierce. Beef hams are firm at $19 50@$20 per bbl. Tallow is dull at S^c. per lb. Stearins Butter is again is quiet at 71^0. and oleomargarine at 5^@8o, decidedly lower at 17@ 24c. for creamery. Cheese is also lower at 6)^® lO^c. for State factory. The swine slaughtered at the principal western towns from March 1 to latest dates num- the Continent. closing at $9 ; ; corresponding bered 895,000, against 855,000 for the period last season, but strikes threaten to seriously impede The following is a comparative packiag operations at once. summary of aggregate exports from October 26 to April 24 for two years: Pork Bacon, Ac Lard lbs. lbs. lbs. 1885-6. 22,599,400 238,614.288 149.141,868 1884-5. 27,781,200 232,318.878 148,134,877 Dec. 5,181,800 Inc. Inc. 6.-295,410 1,006,991 There has been excited speculation in Rio coffee, and prices have materially advanced. In the past two or three days there has been less buoyancy, and the close this afternoon is with sellers at 7'40c. for May, 7*35c. for June, 7'30c. for July ferred stock, and after 1889 pay interest at 5 per cent. and 7'25c. for the later months August to December. Coffee 3. Let the land income bonds take the lands. on the spot was also dearer, and fair cargoes Rio advanced to 4. Let the floating debt take new preferred stock. 9c. but this figure is not fully maintained at the close, and stock an pay assessment of $10 per share, mild grades are more freely offered. Raw sugars have been 5. Let the present would raise about cash. which $3,200,000 very dull, owing to the continuance of the strike of the The plan from Philadelphia, which seems to be so plainly in workmen in the great refineries of Brooklyn, and they close Mr. Gould's interest, and which would leave him in control nominal at 8}^c. for fair refining Cuba. The delivery of — ; refined sugars oq old orders is now making better progress, and piices are unsettled. Molasses has declined to 19c. for closure for ft new corporation, wiiose capit.il stoclt will be the same 50-degrees test. Auction sales of teas have gone off slowly. present coiupany, amount as that of the the stock lioldei-d receiving fur Kentucky tobacco is quiet and unchanged. Seed leaf has sliares of old stock one new share, with the optional riglit every the been more freely offered and prices have favored buyers. to I'uy another for $ '.5. The floaiiug debt to be settled for in new stock at $20 per gliare. The Salesfor the week are 1,135 cases, as follows: 500 cases 1884 new company to make one new fifty-year gold 5 percent mortgage for crop, Wisconsin Havana, 8@10c.; 150 cases 1885 crop, Penn$40,000,000, of which $ ;3,OOO,O0O, to be known as series "A," bearing obligatory interest, and $17,000,000 as series "B," with interest sylvania Havana seed, private terms 85 cases 1885 crop, New payable as earned, non-cumulative, hut no new lien can ever be England Havana seed, private terms 50 cases 1885 crop, interposed between the two series. 100 cases 1884 crop, Pennsylvania Ohio, private terms Consolidated bonds to receive 100 per cent of series "A" and 20 per Havana seed, 8@ 10c. 100 cases 1884 crop, Pennsylvania seed <jent series "B." New Orleans division bonds to receive 55 per cent of series "A" and leaf, 9® lie. and 150 cases sundries 5@35c. also 350 bale 46 per cent of series "B." Havana, 60c.@$l 05 and 100 bales Sumatra $1 35@$1 50. Rio Grande division bonds to receive 35 per cent of series "A" and 65 Spirits turpentine has been dull, strikes having prevented per cent series "B." Terminal bonds to receive 25 per cent of series "A" and 75 per cent much painting being done this spring, and the price has " series U." further declined to 38J^c. Rosins are dull at $1 02^(9 1 07J^c. The laud grant lands to be purchiised ani administered by the bondfor common to good strained. The speculation in crude petroholders, with tue assent and aid of the committee. leum certificates has been depressed by the news from the The plan involves the annual obligatory interest of $1,115,000 wellp, but to-day prices partially recovered, closing this afterand conditional interest of $700,000, making a total annual noon at 73%@73i^c.; crude in bbls. quoted at 6}i@65^c.; charge of $1,815,000 coming ahead of the stock, refined in bbls. '7}i@7^ic, and in oases 8J^@958C.; naphtha, of the company, is as follows All property— except land grant lands— to be purchased under fore: c ; ; ; ; ; Toledo Cincinnati & St. Louis— Toledo St. Louis & 8Mc. City. The consolidation of the constituent companies At to-day's Metal Exchange pig iron certificates were going to form the new company, whose title is last-named offered at $18. Tin moderately active and quite firm at 20J^ above, is now being advertised along the line of the road, @20'90c.; sold at 20-80C. for May and June. Tin plate veryaccording to law, and will take place about the middle of dull. Lead steady at 4'70@4*85c. for Copper neglected. June. The new securities will not be issued until after that domestic. Spelter was lifeless. time. There may be an option for income bondholders to Ocean freights are firmer, owing to the taking up of availsubscribe to new bonds or stock, but the plans in this respect able room for grain and cotton for present shipment and have not yet been made public. Petroleum charters are dull, several weeks ahead. Kansas — . May THE CHRONICLE. 1880.] 1, COTTON. Friday, P. M., April 80, 1886. Thb Movemknt of thb Crop, as indicated by our telegrams from the South to-ni(<ht, is Riven below. For the week ending this eveninR (April .10), the total receipts have reached 40,800 balee, againat Ui.UiiO bales last week, 5t5.:!0.5 bales the previoua bales throe weeks since; making the total 039, 198 bales, against receipts since the lat of Scptomlwr, 1885, 4,0U8,UJ3 bales for the same period of 1884-8.'), showing an inorease sinoe September 1, 1885, of 870.270 bales. week and 41,;i!)2 In addition to above ezporta, our telegrams to-night alao gl r »> 09 the following amounta of cotton on HhiplKiard, not cleared at the porta named. add similar flKurea for New York' which are prepared for our special oae by Meanra. Oarey, Yale A Lam>>ert, ^4 Beaver Street, We On BMptoard, no< eltartd—/&r ArRll. 30, AT— Oreat outer BHlain. /Vone«. ftnvtgn ."i, Reeeiptt at— Uon. Sat. Qalveston Indlauuia, Ao. OrltMMU... Mew Tue*. .... .... • 4,02C 181 650 682 40 1,034 9,374 81 50 770 50 779 659 797 7,143 .... 1,970 »•• .... .... 144 067 353 890 697 .... .... 144 806 307 97 39 639 1,634 366 2,3i2 1,236 30 314 6H 2,314 .... Hi • ••• 101 1,011 Florida Bavannah BrunHW'k, Ac. Cbarleston Pt. Royal, Ac. Wilmington .... MoreU'd C.,4o IHZ Norfolk 016 74 WestPolnt.&o Savannah.. 123 774 • «• .... 210 75 10 198 .*.• .... .... .... 1,387 1.063 1,766 600 225 177 897 184 59 437 47 591 224 .Vew Orleans.. Moblln Charleston ... Talat. 414 480 Mobile IH. Thuri. Wed. Qalveston.. Norfolk 3,170 Other porta... Total 1886. Total 1885 Total 1884 307 772 39 6,367 2,643 1,055 1,245 EoAton ......... Baltimore 303 95 180 104 4P7 497 PWladelp'a, Ao. 50G 65 7 4 3 1,591 2,176 Totals tbl8 week Toil 7,511 8,883 4,513 5,012 8,729 40,309 Kew York .... .... For comparison, we give the following table showing the week's total receipts, the total since Sept. 1, 1885, and the stock to-night, and the same items for the corresponding periods of laat year. 1884-85. 1885-96. Beceiptt to This Week. April 30. Qalveston Ind'nola,Ac New Orleans- Mobile Florida Bavazmali Br'8W'k,Ao Cbarleston... Pt.Royal,4c Wilmington. M'headC.,*< Norfolk W.Point,*c New York.. Boston Baltimore . . FliUadel'a,Ao Week. 827 1886. 1885. 453,437 10,773 32,439 9,889 9,874 1,656,739 TTO 237,819 50 50,022 7,143 766,495 141 16,055 4.157 471,622 307 13,966 772 99,200 39 7,724 6,367 527,231 2,543 265.534 1,035 53,719 1,245 92,472 497 50,401 2,176 42,637 4,032 1,496,839 173 227,899 81 77,521 3,149 715,516 9,748 310 509,024 50 6,657 81 93,465 2 9,604 1,243 545,180 1,076 280,751 748 67,249 529 80,474 1,936 38,211 504 46,-573 184,395 29,553 2 30,538 131,441 16,840 2 10,062 40.'^n'> 5.03<>.198 Total Stock. Since Sep. 1, 1884. 781 686,751 3,170 ... TkU Since Sep. 1, 1885. at— 14.746 4,661.922 Mobile Bavannah Uharl'sfn, Ao WUm'ijfn.&i 827 3,170 9,874 4,032 770 178 673 3,149 1,123 1,303 360 811 2,543 5,167 83 1,243 1,076 3,793 40,309 14,746 e,3i57 5,822 34,910 6,462 310,047 8,310 27,437 17,097 5,363 W. AUotbers... Tot. tills w-k- t\vp<- Sept. 1. 1882. 9,699 12,600 1,252 3,616 3,223 86 939 1,369 347,788 6,310 11,861 9,962 556,709 3,067 4,000 1,475 3,611 2,013 we 1881. 634 470 313 5,554 81 11,016 3.90S 2,710 13,162 675 9 950 20,053 48,761 34,423 45 535 From SetlU 30. 12.008 9,383 1, 21,481 Mobile 16.545 6)4,0iJ3 292,537 nent. 75,019 4,798 32,889 22.606 823.820 627,288 iOii 700 044 Cotton for future delivery at thi.s market for the week under review has been fairly active, but the course of prices has been variable and somewhat irregular. The resumption of business on Monday following the adjournment from the previous Thursday was rather sluggish, but the marked reduction of stocks at interior towns, the smaller visible supply in the markets of the world and the indications that there would be no pressure from deliveries on May contracts, g avo an upward turn to values which at the close amounted to 4 Q(J points. feature of the day was the free extension of co ntracts for May to summer or autumn months. On Tueeda y contracts for Apri and May showed more strength than th e later deliveries, but on Wednesday there was a general decline, under reports of better weather at the South, although Liverpool was dearer for spot cotton and the receipts at the ports were small. Yesterday a better report from Liverpool caused a partial recovery of Wednesday's decline. To-dav Liverpool advices were again better, and this market developed much strength, though only moderately active, and the close was quiet, the stocks at interior towns not having decreased as much as was expecte<'. Cotton on the spot has met with a more general demand, though not active. Prices were unchanged until yesterday, when an advance of l-16c. was quoted. To-day a considerable business for export was A I reported. forward delivery for the week are 291,100 For immediate delivery the total sales foot up this week 8,165 bales, including 1,196 for export, 1,469 for consumption, 500 for speculation and in transit. Of the above, bales were to arrive. The following are the o£Scial quotations for eaich day of the past week. The total sales for — NEW ORLEANS. MomTnes UPLANDS. April 24 to April 30. Sat. Ordln'y.?lll> Strict Ord-. nioitiTne* Sat. 6»B 87,6 813l6 91 IS 9>4 Oiijs Liow Mldd'K 3tr.L'w Mid Middling-.. Good Mid.. 8tr. G'd Mid 10 Midd'g Fair lOSs U Wed Ordln'y.««) Strict Ord.. G>ood Ord.. 658 71l8 H 6i3ie 6»s 7li6 8 TEXAS. MonlTnea Sat. 63,g 613i, 7^ 7>4 r4v 8;4i, 9 •d SI" 9''9 ^911. r4' I'" 9 9»4 ^> ?!•<» n 9''e 103,g 10»18 113,8 lO'is 103,8 10»16 10»ie 113|« 113l« 11 Wed Tb. Frt. Tb. Frl. ?^" ?'4- ?i:75i« s'u 81 IS Wed 9^ 9U,a' 9^ atr.fi'd.Mld 10 101,8 101,8 Midd'g Fair 1038 107,8 107,8 1U16 111,, Fair 11 STAINED. Sat. laon Taes W^ed Tb. HoU- 8''l6 fl'3|fl »h« 9^ R>1 8Ta 9J8 9^i« 8»is R'r 8>fl 8 'a 9JR 9^18 9 OM Good Mid.. 10»,s lOOia ll»ie Th. Fri. 679 7»,« 6''8 97^8 9's 103,8 109,8 11316 Str.G'dOrd Low Midd'g Str.L'wMid MlddUng-.- 9 9>4 ?tl' 7'l8 8>4 HH 83,8 8l'i« 81'TS 8»s 9 9>is 9>is 9'>,8 tf'* »»16 9>9 9»? 9' 18 yi^is ""is »''s IOI4 lO'i 103,8 10l>8 lOBg 10»18 11>4 ii3i. L^ 6^ l> 8>4 8"l8 Si" 9»I6 g,"" 9 "le 10>4 ION im 373,402 1,340.032 42,416 99,904 81,390 1,015 1,015 4,626 4.624 499 499 43.839 195,1SS 84.798 8,M2 20.622 1,810 2328 289.516 201,900 23,184 5,709 16,941 157,079 897,702 3WJ.912 68.863 203.175 6I,rj9 3,120 18,948 40 10.579 369,495 119.571 32,059 10.539 5.580 2,H67 2,442 8,002 93.891 1,835 28,8 iO 2,637 39,772 4.354 S59.233 lao.tsi 122.138 44.120 81,217 1.604 14.965 376,418 M76,184 8,572,890 21.005 1,241 589 67,806 ~2ii80 "24.686 2.H8.615 1,810 RS3.049 3.551.6J1 ^Ib, day. MlddllnK ll"* 9>s 915,8 10>4 10=8 11»4 SI" 7ie 7>e 71618 7l'i, 6>« 7»ia 8 Frf. 8"i« 8% SIi« '"e 71B,8 811,8' 8II18 6)4 7»i» 8 8% UABKET AND SALES. and future deliveries each day during the The total sales week are indicated in the following statement. For the conTenience of the reader we also add a column which shows at a. glance how the market closed on same days. _ BALES or SPOT AND TRAMSIT. BFOT MARKET OLOSKD. 315.607 15,2;W 1884-85 9,107 4,530 rot*. Boston BalUmore... ToUl 811,201 4.814 6,150 Low Middling New York Total 101,197 14^142 10,982 OontU Britain. France 42,416 . 13.224 | riorlds Ptilladelp'a,&o 15,826 • 1885. to Apr. 30. 18S6. Qreat 223.113 Point... None. 14,106 Qood Ordinary Strict Good Ordinary... Exported to— QalTeston West 133.S41 27.8S3 26.044 26.43 B 26,896 18.910 298,047 53.373 57,951 Fair 4,162 14.831 1,700 5,375 2,975 7,799 2,399 7,509 Oreat CoatU Tbtal BriVn. rranee nent. Week. SsTannall Charleston .... WUmlnitton... Norfolk 921 None. 4,200 None. Aoeic 0039,198 4663,922 4713,319 5660,670 4466,165 WtO. EndirtQ April ESospoTUd to— Nen Orleans. None. 14,000 7,500 8,000 4,402 None. 1.100 1.100 4,622 2,000 None. Mai. 50,754 1.700 3,100 4.100 5.543 16.000 12,000 8,000 aood Ord.. 8tr. G'd Ord Uiil^eston includes Indlanola; Charleston includes Port Royal. Ao Wilmington includes Moreh'd City, Ac; West Pouit includes City Puint,Ai The exports for the week ending this evening reach a total of CT,806 bales, of which 51,217 were to Great Britain, 1,604 to Fiance and 14,935 to the rest of the Continent. Below are the exports for the week and since Seotember 1, 1885. MBtortt 9,605 Nona. wife. — 29,144 3 4,061 712,398 1883. 1,358 3,471 7,143 4,464 Norfolk Point, Ac. 1884. 1885. 1886. Galvest'n.&c. New Orleans. 24,151 1.700 None. 2.300 Ooatl- balee. In order that comparison may be made with other years, give below the totals at leading ports for six seasons. Seeeiplt .. .. Hew York 4,157 651 Xx- Oon- port. $ump ul't'nl tit. Wed Eiisy I'uurs Firm at Steady , 444 62 1,8 adv. , 66O: 292 202 299 297 379 500 roTDaas IHiim^ Total. .Hoi iday. Sat. Mon Steady Toea Steady Fri Spec- Trati- 792 686 351 S97 1.039 Baiei. 90,000 67.400 53,000 35,900 44.800 37l65 291.100i 800 TotaL The dally deliveries given above are aotuoUy deUverud the day previous to that on which they are reported. The Sales and Prices of Futorbs are shown by the following comprehensive table. In the statement will be found the daily market, the prices of sales for each month each day, and the cIoeinK bid«. >n addition to the daUy and total sales. 1.19611.4691 THE CHRONICLE. 552 ^H p ft 5S iSef z 2^ i3gi |5Sl i5ft| i3ftl »o»pi i3i| s.o'S' ca>»ap ff**.* a.2*S C*'"^ bI-"?. B'i?g' ffi-"^ p *£ T'SS >. o •d 2.c» SE . »i • H ^^ on i? fts g p,r : ; »>r s&>- Hi M • r i«S 1 Oq R'R' 00 t »: 5-' : atock at Liverpool I Btoot: at 2k) 5 "r^to cjiO* op tee ceo a: I :. cS 8 I !^ : O03 > 5 toto sn: I CD a.»: I oaoa COCO to Oot coco 15 cicco 2 toco toco II COCOo^O tOtoObO 5 CO 2 CDCDqCD cowOcJ tecco<o coco^co tc^l coco 1^1^ CO^ 5 coco 2 'i (^ *• CD CO »<»: coco coco a. "' !*» 5 2 "^ coto 00 cecco® ^Oi CDo<0 »«»; «*•: 5 coco 2 < ? ll'li 5 I <1{E : coco 5 n^i^ 2 •* toco a.to: a : CD I a COCDoCO OCO CO COi« 5 coco ^ WW ** ?oco toto coco «h; I toto COM I (OCCo® totoOto coco toto CDCC I I ^ 15 2 to 10 2 I a c;» QD coco coco aa "?co I "o o : OCO Oto COUC K) coco COCO lf»CO a I cocoOco ili-lliC'CO tOM CO 5^ COCO 5 U»10 ** MOD -J coo 5^ 2 ^ loto 2 a CO COCDo<? toioO(o CUT CD lotoOfcb 5 2 *< : I CDCOo^ totoOto coco coco cncn I a M g E (p 01 ! tfi a> -f-o" Si wgjp^a BE 2 •* ar! a CDCOoCO totoOto coco coco 5 tt *< : I COCDoCO cocoOco ;j3t>C:HO<2'T)05530pggoti o ^3 S,3.g,2.5-?S.si» ^aoJac .r- 2. a> S5c^Mi 10 O M <] o cc to »• o If^ a> 00 ff) »• E P • &• ODOlCnWi^ to CCA tOtOU'l-'Wt-Oiit'. tott».-gr-osi--toaco3;i-ciQDi--cio«i;-w COOCOCOQDMt-'rfkXt-Ctf^WltkOOO'-CCO COCOOCO COCOOCO to toco CO c 1^ cc It- c;< O -OS^tOOrf^*J a; — < ar; 011^ I 502,400 540.700 859,400 770.900 1,970,364 1,889,675 1,931,343 2,247,727 I coo It- a 240,000 58,400 108,500 330,000 34,000 QD •<1 I Ac 292,000 65,000 112,400 344,000 46,000 223,000 32,000 99,700 174,000 12,000 week and tsw -iO a CO CDCOoCO cocoOcc WU" 9^: COOO 166,000 23,000 73.400 217,000 23,000 — or: 10^ to 1 for the 2 COCO toto OJtO : 2,600 693,000 211,000 575,000 601,951 146,176 20,600 the movement that is the receipts 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 the following statement. 5^ cDeoo<0 757,000 316,000 223,000 549,894 74,949 5,500 1,970,354 1,889,673 1,931,343 2.247,727 afloat <teo., 800,000 276,000 173,000 556,709 81,366 462,000 260,000 302,000 712.398 222,741 11,215 At the Interior Towns coco toi- 0909 a bales . tctoOio CCCCo® 10 1,000 2,472,754 2,430,375 2,790,743 3,018,627 Total visible supply Siiied. S^d, B^sd. 5%d. Price Mid. Upl., Liverpool 10ii,eo. ll?io. 10%o. 95igc. PrioeMid.Upl., New York.... 1^* The imports into Continental ports this week hare been 50,000 bales. The above figures indicate an increase in the cotton in sight to-night of 43,379 bales as compared with the same date of 1885, a decrease of 317,989 bales as compared with the corresponding date of 1884 and a decrease of 545,873 bales as compared with 1883. CD oooco COCOoCD tOKjCto I I 319,500 TotalAmerloan 2 or 5^ tctoOto 428,400 Total East India, CCCOoCD to CCCOoCD 00 o^ 5 : 00 375,700 Egypt, Brazil, p- 5 M : coco '^ 9 d CD 2 ** 333,400 Oontinental stocks India afloat for Europe »p; «oco om: I COCO tito Xotal Continental stocks Londonstock utytto w eocoo'-o 00 a I i^l^Otfl coto t^ CDCC09 cpcOo® COCC09 loto » I <> coccoco CX) coco 5 citcJi Ifk. 1^ _ " tOf s *< c»w: I ceto cj-di^c^ i*^ii^ 2,400 3,300 134,000 6,300 71,000 9,900 9,000 Total American. Xast Indian, Braztl, <lc.— Liverpool stock cocooco coco COCO tcto QOOS so: I CCCOqCO OS -3 2,800 221,000 4,000 61,000 9,000 5,000 400 afloat for Europe... United States stock Uolied States Interior stocks.. Doited States exports to-day.. 2 it'co CJicJtOCJi oi to^ r-* coco COCDoCC ^oa 400 800 173,000 5,000 81,000 8,000 5,000 Liverpool stock Continental stocks CO CO CO CJ»d>Oyi CO coco I coccoto COtP 1,600 159,000 6,000 72,000 15,000 3,000 American i^rf^ 991,400 5,000 45.600 33,0C0 American— 5 2 coco 651,000 1,055,000 1,114,000 4,000 5,500 3,100 44,400 49,000 71,500 28,000 48,000 50.000 Stock Stock Stock Stock Stock Stock Stock Stock Stock Stock 2,472,754 2,430,375 2,790,743 3,018,627 Total visible supply Of the above, the totals of American and other descriptions are as f oUov s CDCDoCO cocoOco 1 or: 5 9 c^iat-j** coco coco ?3 I 00 coco c;" coo CJICO h-O 1893. 933,000 58,400 984,400 1,430,700 1,542,400 1,310,900 217,000 174,000 344,000 330,000 Amer'n oott'n afloat for Eur'pe 302.000 173,000 228,000 575,000 23,000 Egypt,BrazU,&c.,afltfor E'r'pe 12,000 46,000 34,000 Stock In United States ports .. 712,398 556,709 549,894 601,951 Stock in U. 8. interior towns.. 222,741 81,366 74,949 146,176 11,215 Dulted States exports to-day.. 2,600 5,500 20,600 »»-: I 1886. 1885. 1884. 628,000 1,023,000 1,049,000 23,C0a 32,000 65,000 Total European stocks .... India cotton afloat for Europe, COCOoW cpcogco I COqCO . 2 CO b- ew; I M"- wp: I coco IJ 2 I-* CTCOh"^ to„ ^ coco toco K)KJ I CD CDCoScO QD 5 to ^ COCO >^-^ 9 CO 00>->^ etsot «s toS -Jo : COCDoO I I COCO CO CO a I CD CCCOqCD 5 coto bales. London Total Great Britain stock . at Hamburg at Bremen at Amsterdam .... ... at Rotterdam at Antwerp at Havre at Marseilles at Barcelona at Oenoa ., at Trieste IP «Do^ - w XLU. Thk Visible Supply op Cotton to-ni^ht, as made up by cable and telegraph, is as follows. The Contmental stocks, as well as Chose for Great Britain and the afloat, are this week's returns, and consequently all the European figures are brought down But to make the totals the comnlete to Thursday evening. figures for to-night (April 30), we add the item of exports from the United States^ includmg in it the exports of Friday only, "! § [Vol. O'CtC •-JlOtO yito OltOOC tOU'b -tc to i(-CO& COO'C CiCOU' CRGD c:uitO'- ;rf».CO~ : »] -4 l^> 1^ i? !f I I I a ;ii I I 10;: I I ZAt- C^COU to o: t- O O OW o f^ 00 o If)" Ci ^WfcOtO; < I I -cow P CO to CO COOCDt' 5 1- SifkiQOCj CI ^VCnOi* -c;'*c OCD)^CJ<C if^ c;< »^ ?lP'tOlf I- * 5. I $ I I I a 'on^j'cVoCOO' ; ; K^COO tP> to; 00. cc ' ; The following ezohanges have been made during the week: •33 pd. to exch. 5,800 May for Aug. •01 pd. to excli. 500 Jan. for June. 34 pd. to exch. 4,200 May for Aug. Oi pd. to exch. 300 May for Oct 13 pd. to exch. 2,700 May for June 03 pd. to exch. 1.000 May for Oct. "21 pd. to exch. 1.200 Junefor Aug. •20 pd. to exch. 400 May for Sept, •33 pd. to exch. 400 April for Aug. Even 400 May for November. "23 pd. to exch. 600 May for July. •30 pd. to exch. 800 Oct. for Aug. •20 pd. to exch. 400 June for Aug. 12 pd. to exch. 1.000 May for June •24 pd. to exch. 1,700 May for July 11 pd. to exoh. 500 June for 10 pd. to exch. 1,400 July for Aug. 01 pd. to exch. 1,200 May forJuly. Nov. •21 pd. to exch. 400 May for Sept. 12 pd. to exch. 300 May for June. •07 pd. to exch. 600 May for Dec. •19 pd. to exch. 400 Deo. for July. 02 pd. to exch. 100 May for Not. 36 pd. to exch. 200 May s. n. for Oo pd. t« exch. 200 May for Got. August. I-* w*»-t. CO w^o CXWWCiXtOt Mai- ; ; tOtJii- pto I * Inolades sales in Beptember, 1885, for September, 130,200 Septetn ber-October, for October, 301,700; Septembei-November. for November 416,400 September-December, for December, 928.200 September-January, for January, 2.004.200; September-February, for February 1,370.00< September-March, for March, 1,745,400. Transferable Orders—Saturday, Monday, 9-25o.: TnesdaT 0.; 9'25c.; Wednesday, 9-20o.: Thursday, 9-25o.; Friday. 9-30o. Short Notices for May— Wednesday, 9'25c Thursday, 9-21c. ^ h-^Mff-^M- C9 CD to W r- W H« toto I- f-" CO Ot0**t5«> QoVtoVjai'r-'''-3 "Vi'ft-iow^ <ltOCO^ CO i-> O to CO CO CO tOOOO'-'CO C0OQDXif^< -JCtOOO acotox>M f-it-cocsy M *JCCOr-M' lU. O » (- eo Of (U OD 00 'JS -J OO' IS*. A 000*- -J X COXOiXCO- <lAOiM* M M 1^ If*. cooiMtoT-bs GD )b. on CO to ot -J •^Otos:o<uto >-> ZfiCi b» 01 CD otooto osto en to A utoObO tCt-jOlMM^-jD -CO 01(0033 -^ OL 00 ODcoco^xa»ao tOOJO'CJi^^tn aCTOir-otoo I-- -"a 0' CO "tO CO CO to CO 30"^ — to CO Aoo-^co; oj 1^ to Vj*.©^ too o A a< o The above totals show that the old iaterior stocks have decretised duriofi the week 37,019 bales and are to-iii{(ht 1-41,375 The receipts at bales more than at the same period last year. : . May THE (JHRONICLE. 18B8.J I, the same towns have been 15,333 balee more than the aame week last yonr, and Rince Saptember 1 the receipts at all the towns are 6l:),i)ll b!il>>H more Ihaii for the same time in 1884-0, Quotations vou Middlino Ootton at Other Maukbts,— in the table tolow wo Kive the closing quotations of middling cotton at Southern and other principal cotton marlcets for each day of the past week. 553 '^'* tliermometer haa nuiged from 54 to ^0, hymming 66. During the month of April the rainfall reached two inches and nini'ty-ninu hundredth*. HuntsvilU; 7t.ca#.— Tliero have l)e*n fn" nhowen on four days of the week, the rainfall reaching ne inch and fifty-six - -r •' hundredths. Corn is good and cotton » com- P'"*^-**•r^ < pleted. Average thermometer TO; 111 Dallas, Texas.— It has rained on week the rainfall reaching forty-Kevpn huMdr«lthii of an Inch.' OLOMMO QUOTATIOKI FOB MIODLINO COTTUM OM Wiek enriing Planlmg is progreesing finely. The thermometer baa aTenured Tut*. Wednti. Thur: Salur. Man. 70, Ihe highest being 87 and the lowest 52. *w. Austin, Texas.— have had fine showeni on four days of OalveaUin ... 9 9 9 9 p the week, the rainfall reachi. g one Inch and sixty-one hun8 'a New Orleans. 813,, dredths. Good progress is being made in planting. The therMobile 8'3j, 81>i« Bavuniiah. .. mometer has averaged 69, ranging from 52 to 80. 9" 9" §^ §^ Chill loston 9 Lulina, Texas.— "VYiBTa has been one goo<l shower durin WilinhiKton.. 9 9 9 9 9 9 g the week, but more is needed. The rainfall reached flftNorMlk 9 9 9 9 8"ia Boatim 938»>1 838»»« 93e«is 9Hi'^ 838 hundredths of an inch. All crops look promising. The theiy «l8 Biiltlinore 9>« 9% »h mcftneter has ranged from 60 to 88, averaging 7:i. Phlliulelvhla. 9',„ Columbia, Texas.— It has rained splendidly on two days of AUKU8ta '8 MiMiiiihls the week, the ruinfall reaching one inch and nine hundredths. 8 S''8 8''e 8'e St. Louis have about finished planting. Average thermometer 73 Cincinnati... r^ rr^ highest 83 and lowest 60. LonlSTlUe 8^8 8'8 Cuero, Texas.— It has rained splendidly on two days of the Receipts fkom the Plantations.— The following table week, and just as needed. The rainfall reached one inch and thirty hundredtlis. Cotton planting progresses finely. Com indicates the actual movement each week from the plantations. The figures do not include overland receipts nor averages two feet high and some cotton has six leaves. EverySouthern consumption; they are simply a statement of the thing promising. The thermometer has averaged 73, the weekly movement from the plantations of that part of the crop highest being 86 and the lowest 60. Brenham, Texas.— have had showers on four days of which finally reaches the market through the outports. the week, the rainfall reaching fifty-two hundredths of an inch. Young crops are good, but eastward of this point a hail Wtek Receivtt at tlit ParU. [Sfk at Interior Ibvnu. Bec'vts from Planl'n$, storm did much local damage. The thermometer has averEnding— 18St. 1886. 1886. 1881. 1885. 1886. 1884, 1885. aged 71, ranging from 58 to 83. 1886. Helton Texas.— It has rained hard on four days of the Hch.86.. 5«,88t] 28,810[ 84,328 14 1, 238158, 175 338.392 33,311' 16,830 29,998 week, mainly beneficial, but interrupting planting. The Apr. a.. 37,091 8tl,lir SU.Ol'S 125,39l'll4,90S 335,663 81,849' 14,934! SfVI-JB " ».. 30,113 21,808 41.392 110,068 128,»0« 319,744 14,787, rainfall readied two inches and seventeen hundredths. A hail 5,716 23,473 18.. 80,«74 2.?,';23 Sn,306; 98,960 117,823 295,810 i9,i«a: 12,640, sa.sn and wind storm this week did considerable damage in a nar" 28.. 20,9231 lO.iail 43,960| 90,794 100,983 2^,336 13,767 f-.iaV 19,488 row track. The thermometer has ranged from 57 to 88, " • We n . We We | | I I I I I •• 20,0SS| 14,746! 40,309 SO.. b2,809i 88,328212,113 12,0681 i 11,086 The above statement shows— 1. That the total receipts from September 1, 1885, are 5,265,461 baleswere 4,740,035 bales; in 1883-84 were 4,746,973 bales. That, although the receipts at the outports the past week the plantations since in 1884-85 3. — were t0,309 bales, the actual movement from plantations was only 11,086 bales, the balance being taken from the stocks at the interior towns. Last year the receipts from the plantations for the same week were bales and for 1884 they were 13,068 bales. Amount of C!otton in Sight April 30.—In the table below we give the receipts from plantations in another form, and add to tnem the net overland movement to April 1, and also the takings by Southern spinners to the same date, so as to give amount of cotton now in sight. But>8tantially the 1885-86. 1884-85. 1883-84. 1882-83. Receipts at the ports to Apr, 30 5,039,198 4,668,922 4,713,319 5,660,670 Interior stocks on April 30 In excess of September 1 22(>,263 71,113 33,653 147,898 Tot. receipts from planta'tns 5,265,161 4,740,035 4,746,972 5,808,568 Net overland to April 1 682,645 556,182 526,328 572,324 Soatliern consumpt'n to Apr. 1 253,000 217,000 236,000 240,000 Total in eight April 30 6,201,106(5,513,117 5,509,300 6,620,892 Northern spinners' taUnes to AprUSO 1,541,487 1,210,382 1,373,429 1,534,218 It will be seen by the above that the Increase in amount in sight to-night, as compared with la$t year, is 687,989 bales, the Increase 1883-84 419,786 bales. ??,„*^"U*'"'*'* '''*'' 1882-83 is is 691,806 bales and the decrease from Weather Reports by Telegraph.—The weather has favored planting operations in most sections of the South during the week, and, except in those districts of the Mississippi Valley which are already overflowed or threatened with inundation, satisfactory progress has been the rule. There have been breaks in the levees at two or three points during the week, but to-night the river is reported to be falling at Memphis, although atill one foot and four-tenths above the danger line, while our Helena correspondent reports it at eleven inches above the highest water mark but stationary. The outlook in Texas appears to be very promising. Galveston, Texas.— We have had fine showers on two days of the week, the rainfall reaching one inch and eighty-eight hundredths. The thermometer has averaged 71, the highest being 80, and the lowest 63. During April the rainfall reached two inches and twelve hundredths. Indianola, Texas. It has been showery on two days of the week, the rainfall reaching fifty-five hundredths of an inch. The rain was beneficial, but insufficient. Crops look promising. The thermometer has averaged 73, ranging from 64 to 83. April rainfall, eighty hundredths of an inch. Falestine, Texas. We have had showers on four days of the week, the rainfall reaching ninety -one hundredths of an inch. Corn has a good stand, and cotton planting makes good — — averaging 70. V/eatherford, TVaias.— There has been one shower during the week, the rainfall reaching one hundredth of an inch. Planting is making good progress. We are needing rain. Average thermometer 67, highest 89 and lowest 43. New Orleans, Lotiisiana.—lt has rained on three days of the week, the rainfall reaching two inches and seventy-three hundredths. The thermometer has averaged 73. Shreveport, Louisiana. We have had rain on three days of the week, the rainfall reaching two inches and sixty-eight hundredths. The thermometer has averaged 67, the highest being 87 and the lowest 54. Columbus, Mississipi.—lt has rained on four days of the week, the rainfall reaching two inches and eighty-eight hundredths. The thermometer has averaged 65, ranging from — 53 to 83. — Meridian, Mississippi. It has rained on four days of the week, the rainfall reaching four inches. We are having too rain, and it is claimed that much damage has been done and that replanting is necessary. The thermometer has ranged from 53 to 75. Leland, Mississippi. We have had rain on three days of the week, which has prevented the planters working out their crops. The rainfall reached two inches and twenty-nine hundredths. The thermometer has ranged from 44 to 86, averaging 67-4. Little Rook, Arkansas. We have had rain on three days the remainder of the week being fair to clear and pleasant' The rainfall reached one inch and thirty-nine hundredths Farm work has progressed well during the week, and the promise is good for a successful crop so far as labor can make much — — Average thermometer 67, highest 86, lowest 49. It rained on twelve days during April and the rainfall reached three inches and sixty-two hundredths. The thermometer averaged 61, and ranged from 49 to 86. Helena, Arkansas. It has been showering on three days and the remainder of the week pleasant. The rainfall reached The river is stationone inch and twenty-eight hundredths. ary, eleven inches above highest water mark. Tha country is all overflowed on the west side and some on the east side below Arkansas will be overflowed. The thermometer has averaged 66, the highest being 83 and the lowest 56. During April we had rain on nine days and the rainfall reached four inches and ten hundredths. Memphis, Tennessee.— It has rained lightly on fire days it. — of the week, the rainfall reaching seventy-four hundredths of inch. The river is one foot and four-tenths above the dan- an progressing welL fer line and falling. Planting on uplands is 'he thermometer has averaged 67, ranging from 55 to 83. have hsid rain on three days of Nashville, Tennessee.— the week, the rainfall reaching forty hundredths of an inch. The thermometer has ranged from 53 to 35. averaging 66. Mobile, Alabama.— It has rained severely on one day of the week, the rainfall reaching three inches and eighty-five hundredths. We are having too much rain, but there is a favorable change at the close. Planting late and making slow progress. Average thermometer 69, highest 80 and lowest 59. April rainfall five inches and eighty- six hundredths. Montgomery, Alabama.— We have had rain on three days of the week, the rainfall reaching four inches and eighty-one hundredths. The thermometer has averaged 67-9. Selma. yliaftomo.— Telegram not received. Auburn, .4/atamo.—Telegram not received. We — : THE CHRONICLE. 554: — [Vol. XUI, lexandria, Egypt, Madison, Florida. We have had rain on one day of the 1885-86. 1884-35. 1883-84. April 28. week, the rainfall reaching forty-eight hundredths of an inch. Receipts (oantars*)— Average thermometer 72, highest 89 and lowest 55. This week 2.000 10,000 2 ,000 Macon, Georgia. It has rained on two days of the week. ainee Sept. 1 2.831,000 3,578,000 2,624,000 Columbus, bleorgia. It has rained severely on one day of This Since This Since This Since the week, the rainfall reaching two inches and twenty-six week. Sept. 1. week. Sept. 1. week. Sept. 1. hundredths. The thermometer has averaged 68, the highest being 80 and the lowest 59. During April the rainfall reached E sports (bales)— 2,000 223,000 2,0C0 292,000 3,000 241,000 fo Liverpool.... three inches and twenty-nine hundredths. 1,000 151,000 5,000 178,000 To Continent ... 1,000 122,000 Savannah, Georgia. It has rained on one day and the remainder of the week has been pleasant. The rainfall reached Total Enrope. 3,000 374,000 7,000 470,000 4,000 363,000 one inch and ten hundredths. The thermometer has averaged * A cantar Is 98 lbs. 71, ranging from 56 to 83. Augusta, Georgia. The early part of the week was clear This statement shows that the receipts for the week ending and pleasant, but during the latter portion we have had rain April 28 were 3,000 cantars and the shipments to all Europe on two days, the rainfall reaching sixty-three hundredths of 3,000 bales an inch. The thermometer has ranged from 54 to 89, averagJute Butts, Bagging, &c. There is a moderate inquiry ing 69. Buyers are not for bagging, but the market is not active. Atlanta, Georgia. Telegram not received. anxious to lay in any large stock, and are only taking such Albany, Georgia. Telegram not received. Prices are parcels as they actually need for present wants. Charleston, South Carolina. It has rained on one day of steady and most sellers are asking full rates, but there are the week, the rainfall reaching sixty-nine hundredths of an some who are willing to shade a fraction on any quantity. The inch. The thermometer has averaged 68, ranging from 57 to 81. asking figures are 6i4@6i^c. for IJ^ lb., G^@1^4c. for 1'4 lb., Stateburg, South Carolina. The early pirt of the week 7)^@8c. for 2 lbs. and 83|^@8J>^c. for standard grades. Butts was clear and pleasant, but during the latter portion we have are rather dull and the market is tending in buyers' favor. had delightful showers on two days. The rainfall reached The orders are for small parcels, about 1,000 bales being hundredths of an inch. The thermometer has placed in this way, and sellers are quoting 1 fifty-eight 11-16@1J8C. for ranged from 55 to 86, averaging 69 '4. paper grades and 3@2>^c, for bagging qualities. Wilson, North Carolina. It has rained on two days of the SHIPPING News. The exports of cotton from the United week, the rainfall reaching two inches and forty-six hundredths. Planting is about completed in this vicinity. Average States the past week, as per latest mail returns, have reached So far as the Southern ports are concerned, these 53,144 bales. thermometer 73, highest 93 and lowest 53. The following statement we have also received by telegraph, are the same exports reported by telegraph, and published in Bhowing the height of the rivers at the points named at 3 o'clock the Chronicle last Friday. With regard to New York we — I) — — — — — — — — — AprU 29, 1886, and April — nclude the manifests of night of this week. 80, 1885. Apr. 29, Kew ..Above low-water mark. Above low-water mark. Above low-water mark. ..Above low-water-mark. ..Above ]ow-wat«r-mark. Orleans*. Memphis NashvlUe Bhreveport.... ViokBburg * Now '86. Inch. 1 Feet. 14 35 Apr. 30, 3 5 28 7 20 37 7 2 6 18 45 '8S. Ineli. Feet. 3 6 2 9 reported above low-water mark, instead of below high-water 1885. mark as prior to October 30, — India Cotton Movement from all Ports. The receipts and shipments of cotton at Bombay have been as follows for the week and year, bringing the figures down to April 29. BOMBAY BECBIPrS AMD SHIPHENTS FOB FOUR TEARS. Shipments thit Tear Great OontU Bril'n. 1886 1885 1884 1883 10,000 13,000 25,000 35,000 week I nenl. Total. Shipment* Since Jan. Oreat Britain Beeeiptt. 1. OontU This Week. Total. nent. 21.000 31,000 147,000 364,000 20,000 33,000 111,0001254,000 70,000 95,000 303,000;421,000 48,000, 83,000|254,000;484,000 511,000 365,000 729,000 738,000 Tear. 53.000 828,000 54,000 562,000 93,000 961,000 79,000 1,057,000 According to the foregoing, Bombay appears to show an increase compared with last year in the week's receipts of 4,00C bales, and a decrease in shipments of 3,000 bales, and the shipments since January 1 shew an increase of 146,000 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, Tuticorin. Kurrachee and Coconada. Shipments for the week. Shipments since January 1. all vessels Oreat Continent. Calontta— 1886 1885 Total. Oreat Britain. Oojitinetit. 1,003 1.000 2,000 35,000 46,000 2,000 2,000 25,000 11,000 1886 1885 All others— 1886 1885 60,000 57,000 3,000 4,000 5,000 23,000 16,500 5,000 3.000 4,000 13,000 20,500 36,000 37.000 aU- 1886 1885 1,000 2.000 The above 2.000 7,000 1,000 5.000 61,000 66,600 38,000 31,500 99,000 08,000 week show that the movement from Bombay is 5,000 bales less than same For the whole of India, therefore, the total shipments since January 1, 1886, and for the corresponding totals for the the ports other than week last year. periods of the two previous years, are as follows: EXPORTS TO KOBOPB PROM ALL INDIA. 1886. Shipments Europe to all from— Bombay All other ports. Total 1885. CoDiocli, teeek. This week. Since Jan. 1. 31,000 2,000 511,000 99,000 33,000 7,000 365,000 05.000| 98,000 13,000 729,000 153,600 33.00(1 610.000 40,000 463.000 108,000| 882,600 This week. Sinu Jan. 1. — Alexandria Receipts and Shipments. Through arrangements we have made with Messrs. Da vies, Benachi & Co., of Liverpool and Alexandria, we now receive a weekly cable of the movements of cotton at Alexandria, Egypt. The following •re the receipts and shipments for the past week and for the porresponding week of tne previous two years. Thursday 1,032 532 To Marseilles, per steamer [talia, 50 To Genoa, per steamer Italia, 576 New Orleans—To Liverpool, per steamers Alexandre 4,529. ...San Francisco, 4,136. ...per bark E SO 576 Bixio, T. G., 3,455. To Havre, per bark Principe di Napoll, 3,527 To Salerno, per bark Monte Santangelo, 1,451 Savannah-To Reval, per bark Niobe, 900 Upland Charleston—To Reval, per bark Skandia, 2,311 Uplaod To Croustadt, per bark Svanen, 1.540 Upland Galveston— To Vera Cruz, per steamer Harlan, 1,186 Norfolk—To Liverpool, per steamer Emiliano, 3,512 Baltimore—To Liverpool per steamer Laplace, 1,511 To Rotterdam, per steamer Mozart, 1,000 Scythla, Boston-To Liverpool, per steamers Palestine, 1,328 TotaL. 53,144 •.. particulars of these shipments, arranged in our form, are as foUows: Boiterdam, Vera Antwerp Cms <t Havre Bremen Rival <t TarSald HamCronLiter- <t Barburg, stadt. erno. Genoa, mouth. vool. aeaux. 626 589 1,412 1,082 New York. 15,239 1,454 N.Orleans. 12,120 3,527 900 Savannah 3,851 Total... 37.157 1,112 6,633 1,454 6:6 Total. 18,948 17,101 900 60 1,216 53,144 1,000 4,116 usual 3,851 1,186 3,512 2,511 5,1J5 y,aa l.lSb Galveston 3,512 1.511 5,075 900 2,311 1,540 1,186 3,512 1,511 1,000 60 Dominion, 35 The Norfolk.... Baltimore.. 12,120 3,527 1,454 5,075 463....Virgiuian, 3,284 To Yarmouth, per steamers Alpha, 25 Below we add the clearances this week of vessels carrying cotton from United SUtes ports, bringing our data down to the latest dates: NEW Orleans—For Liverpool— April 26— Steamers For" K(fval-Aprir22—Bark Otao Niko, 3,665 Costa Rioan, ; AprU 24— Bark Preoiosa, 2,500. For Malaga— April 26— Bark Maria Christina, 1,100. For Genoa- April 27— Bark Arciduea Rodolfo, 2,118. WILMISGTON-For Havre-April 22— Brig Orne, l.Ol.'J. 499. Newport Nk\v8— For Liverpool— April 22— Steamer fcmuiano, BOSTON— For Liverpool— April 21— Steamer Iowa, 2,782 ...April 22-Steamer Catalonia, 2,213. ...April 24-Steamer Bulgarian, 2,355 April 27— .Steamer Kansas, 3,189. For Annapolis. N. 8. -April 26-Steamer New Brunswick, 40. Baltimore— For Liverpool— April 21— Steamer Baltimore, 2,888.... Anril 27— Steamer Nessmore, 2,672. For Bremen -April 21 -Steamer Leipzig, 639. ...April 28-Steamer Weser 1884. Since Jan. 1. This to Total bales. Liverpool, per steamers Arlzsna, 1.114 Bothnia, l,265....Cltv of Berlin. 1,921. ...City of Rome. Etruria, 57....Furne8sla, 886 2,374.... Egypt, 2,667 15,239 ....Kepler, 2,919. ...Slrius, 2,038 88tt To Glasgow, per steamer Furnesela, 886 589 To Havre, per steamer St. Germain, 589 Habsburg, 532 1,043 To Bremen, per steamers Eider, 510 370 To Hamburi;, per steamer Hammonia, 370 Pieter de To Antwerp, per steamers Noordland, 550 Boston HadraB— Total Total. up New York—To Cliarleston Britain. cleared 1 009. PHttADELPHIA— For Liverpool— April 21— Steamer Ohio. 655 ...April 24— Steamer Indiana, 914.....\pril 27-Steamer British Prmcess, 1,038. Below we give all news received to date of disasters to vessels carrying cotton from United States ports, &c. re-pommenced operaSatpiiibe, steamer (Br.)-Dlvers had on April 14 re, lying in the tions for salving the cargo of steamer Sapph bales of cotton were Seven Dieppe. Nleuwe near shoals, Northern The position place. latter got out of the vessel and taken to the of the Sapphire remained unaltered. TrUEMOUTii, steamer (Br.)-Salvageoperation9have been re-commenoccl near TerscheUmg at the wreck of steamer Tyuemouth, wrecked __ u,n Ave bales of cotton had been recovered up to Apru lb. Cotton freights the past week have been as follows: ; — .. May THE CHROWICLE. 1886.] 1, Do m Wtdnu. Tkur$. Uon. tatur. Liverpool, steam Hf d. »)«a"3»»i«e'>,,a '>u«'>8a e. sail Do sail i n Amst'd'm, steam.e. Do '18 •ii' e. Batl...o. 32 V V 32V 321a' Beva), steam. ...4. Do 38 Trieste, steam... e. Antwerp, steam..e. <4 Per luo .•l8«13,3 Sea'Ssa "4 >4 April week April 16. April 22 April 30. 9. 82,000 3,000 8.000 61,000 5.000 14.000 630,000 169,000 45,000 43,000 234,000 145,000 bales. Of which exporters took .... Qt which speculators took.. Bales Aiuenoan Actual export Forwarded Total stflok— Estimated Of which American— Estlm'd week Of which American afloat Of which American 45,000 2,0C0 2,000 St.OOC 4,004 8.00C 634,000 406,000 57,000 40,000 240,00f 151,0C0 40,000 1,000 3,000 32,000 3,000 11.000 628,000 16i,000 41,000 32,000 232,000 lOO.Oon The tone of the Liverpool market for spots and futures each day of the week ending April 30, and the daily closing prices •f spot cotton, have been as follows: Saturitay Monday. Spot. »2>« 02 02 94 h:» i>i\ Ttmday. Wednet, Thurid'y. Fair business doing. 5i« Harden'g. Mid. Upl'de Mid. Orl'ns. Bales ' I^tura. n Market, 12:30 p.m. f } 5 p. M. \ Firm. 10,000 1,000 10,000 Onlet at 2-'Vl advance. steady at 1,000 1-H4 de- Uye malt Blan.t Steady. Bteady. Quiet 1)Ut 1)Ut •toady. steady. '.26. & a 4. s. a. 5 01 5 04 3 05 5 04 904 Boa 808 SOS SIO S07 504 o September.. Sept.-Oot.... Oct.-Nov... SOS S04 SOS S04 soa soa SOS 5 08 SIO 3 08 su 310 S07 3 07 S04 504 i SOS SOS SOS 509 SOS SIO Sll 507 SOI Wlntershiop'itextras. 3 40» Winter XX lb XXX.. 3 859 Patents 4 759 Southern supers 3 009 3 90 ttS. Ttanra., Op«n H<gk Lov>. Clot. d. i. d. «. d. 5 03 5 05 5 01 6 04 3 01 5 04 5 04 5 05 5 04 5 04 5 05 3 03 5 05 May-June... 3 03 5 04 Jnne-July.. soa soa 5 05 Jnly-AUK 5 07 5 07 5 07 307 Aug.-Sept 609 5 09 5 09 509 September.. 510 510 310 5 10 Bept.-Oct.. 3 07 3 07 5 07 5 07 Oct.-Nov... 3 01 3 04 3 01 5 04 . 4i% 46 46 >• 4.V, 40 >« 4«>4 403g 46^ 46''i| 48% 40\ 4J0I! 4.V'i Thuri. 0p<n Hith 3 05 Apr. 39 Line. Clot d. a. ® o » « 9 45%» 41 » 44 a 48 • 44 o We«tem,Ao Brandywlne, *o 504 SOS 505 5 01 5 03 5 01 503 3 01 5 03 505 soa SOS 5 08 5 07 3 09 510 3 07 3 09 3 10 5 07 6 09 5 07 5 09 510 510 5 07 SU> 5 07 507 5 04 6 01 5 03 503 d. d. d. 505 5 05 soe 608 500 soa 506 soa 5 07 308 507 309 3 10 5 09 Sll 513 3 U sia 513 312 3 03 5 Ob 508 5 01 604 504 5 03 5 01) Chicago Milwaukee... Toledo Barley- White 42 38>a» 41ia9 Mo. 2 white Com. Detroit Cleveland St. Loula. Peoria Duluth. . . ... OotJ, 63 66 42 48 40 43 By*. Baritv. 77.913 22,042 5,000 890.899 5,780 289.539 33,995 5,500 77.441 429,6001 3,720 67,725 716,013 40.400 5,267 21,150 18,000 188,29» 296,400 142.801 5,oa« 8.810 16.375 1,443 S,«10 11.778 IfiQO 17,261 15.821 12,210 9,700 171.758 Tot.wk.'88 Same wk. Same wk. 53,153 48,580 59,383 8,708 2,785 3,525 13,383 1,000 172,525 359,172 ...... 1,223,108 1,231.539 1,088,153 1,053,79, 175,812 462,812 580,978 396,201 932,518 1,313,881 8,421.245 49.333,923 73,063.986 7,748,785 89.753,281 77,092,824 7,013,903 60.920.098 89.57.3.822 '85 '84 209,098 143,847 175,417 87.807 48.627 42,303 4«,6S0.136 19,157.263 «.S75,1II9 45,131.790 48.552.4NU 15,883.984 IB.02I.2«2 4,221.831 SinctJvly9» ... 6.2.34.999 The receipts of flour and gram at the seaboard porta for the week ended April 24, 1886, follow: Wheal, bush. Com, bbls. 89,180 58,037 133.094 24,505 50,000 ."S.SSS 46.600 3,603 19,624 41,217 Flour, At— New York 5 08 510 Philadelphia... 5 12 5 13 Baltimore 508 47J4 37 No.2mlied Wheat. 83,781 Boston Portland Montreal 508 « a « » 61 State and Canada... 64 Oats— Mixed £bu.i9aa» Biuh.eaibt BvuhMlht Au)i.32Um Bvuh.iSUu OvutiMttu d. 5C5 Rye— Western 92 92 98 98 We 1883-84. Clot. 2109 285 • 2 85 3 40 QBALN. 47 Ungraded Canada.. 75 9 85 48 Barley Malt48 Canada 95 3105 53 State, tworowed... 75 » 80 Tellow Bouthem. 48 State, six-rowed 80 » 90 The movement of breadstufis to market is indicated in the statements below, prepared by us from the figures of the New York Produce Exchange. first give the receipts at Western lake and river ports, arranged so as to present the comparative movement for the week ending Aprd 21, 1886, and sini e July 26 for each of the last three years: West. mix. So. 2. West, white West, yellow White Southern.. FrI., Apr. 30. Op9n Bigh Low. 46>« Oorn meal— 5 00 5 50 9 98 83 91 91 82 85 42 Oorn— West. mlx«d 1885-38 1884-89 Wednea., Apr. m. 4.'>'* FLODH. Taea., Apr. 37. 0p*n BiQh Low. OlM. AprU-May OOKII. W*d. 43 >4 49 Ta 46>4 Vbbl. $2 309 3 20 South'n com. extra*.. $3 509 3 90 Superflne 2 65a 3 50 Southern bakers' and Spring wheat extras. 3 25 a 3 75 family brands 4 009 5 00 Minn clear and stra't. 3 853 5 03 ByeUour, siiperUne.. 3 25* 8 00 White 10.000 1,000 Quiet, Apr. 0314 >H 027, Fine BtetipU atr- ^ITour. 'ii. 02 e2iit 98 >a The following are the closing quotations: Bed winder. Mo. 2 Bed winter highest, lowest and cloemg prices of futures at laverpool for each day of the week are given below. These prices are on the basis of Uplands, Low Middling clause, unless otherwise stated. %mx. Apr. 91 93 nominal. Barley is nearly done for the season. Barley drooping and unsettled. 5>9 The opening, April 92k on, is is Bpring,per bnsli. Spring N0.2 cline. Steady. 91^ 9I*« 91 Tiut. 48% 48% Firm. 12,000 2.000 Qnlet April April -May.. May-June... Jane-July.. July- Aug... Aug.-Sept.. 92 >4 92 >« OF KO, 2 MIXKO 4;o M\ Frutait c 1 Market, 02>ii 47»g 47 »8 471i 4701! 47«g 47«a Oats on the spot were forced up by a "corner" on April contracts, the advance amounting to 2(g 3c. per bush., butoCher deliveries were not materially dearer, and the improvement in spots has been almost wholly lost in the past day or two, and the close is with an unsettled feeling. DAILY CLOSINO PRIOBS OF KO. 2 OATS. Sal. Jfon. Tua. Wed. nur$. frl SOi* April delivery 40^ 40 38>a " Maydollvery SO'i 36^8 3«l4 36's 88>« 86 36I4 June delivery 38>« 337g 35% 35% 33% 53l6 i Wti. 01>« 9I>4 om 01>« Jf on. Wheat— Market, 12:30p.m. Bpeo.&exp. ruaf AUKiist dcllverv — Amonnt 98>ij 4614 46'4 July delivery Ills. Total Import of the .. (n elevator May d(^llve^y Juiiii ilnllvery Liverpool. By cable from Liverpool, we have the following statement of the week'a sales, stocks, &c., at that port. We add previous wnekR for comparison. Balea of the 9314 92 >4 02 Bat. >4 e. * Oaaj, OAII.T OLOaOlO PRIOES Baroelona,8team.e. Genoa, steam ai\ V c sail «<m. 02 •« 03 Duoewlier delivery. ...... 97 ig e. Hambiir^, steam.o. dellverr Jiine delivery July dollvery AiiRiiit delivery Ueptemlior delivery..... or mo. > sao wiimia whkat. R3it 91^ 93 W 9U^ SUH 9«<>ii 9a4 90H Indian corn was quite depreawd by the "porting" of luwa "16 "16 (fuantities in store as heated or otherwiae unsound, and prioM declined l@2o. per bushel, o.ipecidUy for mixed. The deoliua 32 32 led to much lurger takings for export, Imt these purchaaM have not improved values, and the oloaa taday was (luite tame. "M»'3a "siStia 11 3a Bremen, Btoam..e. Do ouMwa rtioM May Havre, Btonm....«. sail OAiLT 555 In elevator iuill...d, Do . . . Richmond New 5 01 Orlean s . . . 13,811 34,031 2,740 1 4 ,000 Total week... 222.184 Oalt, bu»h. 288,670 btuh. BttrUy, bnsh. 63,125 122,U2 186,030 111,490 30.600 Ihl 838 47,211 210,000 47,000 37.201 3,028 20,000 6,600 611.791 401,769 70.223 500 buth. 26 925 8,100 4.095 week '85.. 339.740 422.208 1,231,076 393,011 39,330 21,957 The exports from the several seaboard ports for the week ending April 21, 1886, are shown in the annexed statement: Cor. IBREADSTUFFS. FbidaT, p. M., April 30, 1886. ~The market has ruled comparatively quiet. Yesterday strike of the workmen in the great flour mills at Minneapolis, strike of railroad men at Chicago to-day threatens to interfere with the course of supit flour was reported that there was a A plies. from— If ew York Boston. .. Portland. N. News. PhUadel.. The wheat market was quite depressed early in the week, and most of the recent advance, due to the threatened corner Baltlm're in May contracts, was lost. There was an eagerness to sell N. Orl'ns. which seemed to have little regard to crop accounts or the Blchm'd nature of foreign advices. The decline finally on Wednesday Total w'k. led to large purchases for export, which gave temporary B'me time steadiness to values. But the market has since been variable. 1885. To-day there was heavy selling for June delivery. Wheat. Oorn. Flow. Bush. 561.034 110,739 23,458 Bttth. Bblt. 812,673 62,653 9,305 20,000 245,800 234,221 416,129 116,113 73.485 Oalt. Buth. 63,132 St/e. Buth. 1.917 9,349 18,915 43,,587 2,294 Ftai. Bxuh. 16,658 liiooo 26,691 30,294 341 727,756 1,877,880 176,692 74,132 16,658 29,181 773.793 1,568,508 109,523 140,019 2,000 822 6 . THE CHRONICLK 556 The deatination of these exports is as below. oon-esponding period of last year for comparison. add the to- Week, Apr. 25. Apr. 24. Oontin'nt 1.675 B.&C.Am W. Indies Brit, col's 14,426 12,500 10,452 Otb.o'n'te S'Jl 159,216 2,363 9,S42 13.195 13,058 1,219 176,692 199,523 Cn.Klng 136,748 Total. Ai>r. 24. Buth Bblt. Bbli. 1885. Week. Apr. 25. 1886. Week, 1885. 1886. Week, for week 18f-5 1886. Week. Apr. 24. [Vol. XLII. some good-sized orders were placed for later delivery. Plain and colored cottons ruled steady in price, but transactions averaged Com. Wheal. Flour. We gxportt Week, Apr. 25. Bu^h Buth. Buth. 493,934 1,249,108 1,316,929 279.859 594,473 230,189 5,786 23,101 6.091 2,718 8,010 448,219 269,782 250 9,505 8,459 1,480 727.7.'S6 773,793 1,877,839 1.56S..'508 By adding this week's movement to our previous totals w e have the following statement of exports this season and last season: light. Print cloths were in moderate demand on the basis of 3 3-16c. for 64x64s and 2%c. for 56x603. Stocks last Saturday and for the same date the three previous years were as follows April 24, Stock of Pnnl Cloths— 1886. luaimf'rs. 87,000 Fall Kiver manufacturers... 33,000 Providence speculators 235,000 Outside speculators (eat) 15,000 Held by Providence April 25, 1885. April 26, April 28. 1884. 1883. 445,000 355,000 324,000 275,000 212,000 232,000 285,000 75,000 126,000 87,00O 315,000 75,000 370,000 1,399,000 804,000 603,000 prints other than novelties remained quiet in first Total Stock (pieces) Fancy hands, but a fair business was done in indigo blues. and woven wash Printed ginghams, lawns, fabrics, as seersuckers, chambrays, foulards, &c., were in steady request by package buyers and fairly active in jobbing circles. Domestic Woolen Goods— It was a quiet week in the^ woolen goods market, new business having been conspicuously light. Agents continued to make fair deliveries of cassimeres, worsteds and overcoatings in execution of former orders, but the demand for these goods by the clothing trade was comparatively small, buyers having determined to pursue a cau " batistes, Wheat. 1885-86. ExpoTtt to- 1884-85. 1834-85 1885-88 1884-85. 1885-83. Am. 25 AUQ. 24 U> Aug. 25 to AUQ. 24 tr. AUQ. 25 to Auo. 24 to Apr. 24. Apr. 21. Apr. 25. Apr. 25. Apr. 21. BbU. Un.Klngdom Bush. Bus', Bush BusA. 2,80fl,015 4.825,393 9,4S4,096 19,752,201 28,479,! 83,091 r Apr. US 24.816,940 16,866,017 13,168,516 9,809,109 593,250 624.705 232,408 505.314 6,211,713 iC.Am.. West Indies 3,228 48.403 596.501 5,109 1,000 936,717 287.816 Brit. Col'nies 384,23' 3S3.64' 78,109 Continent : . 8. 25 146 818,530 218,423 73,0-2 30,825 23,071 46,118 tious policy until the present labor troubles are settled. Price^ of the most desirable fabrics adapted to men's wear are wel* maintained, but such goods as are not strictly in keeping with 6,115.701 15.731.991 36,690,811 42,802.067 35.993,814 4,482.707 Total.. the prevailing taste are a trifle easier in some cases. CloakThe visible supply of grain, comprising the stocks in granary ings^ jersey cloths and stockinettes were only in moderate but quotations are unchanged. Satinets, Kentucky at the principal points of accumulation at lake and seaboard request, jeans and doeskins were in light demand and steady. Ladies' ports, and in transit by rail and water, April 24, 1886 cloths, tricots and soft-wool dress fabrics continued in modBarley Oalt, Xye, Com, Wheat, bush. bush. erate request for the renewal of assortments, and there was a bush, buth. buth. In ttere at— 65.712 67,553 130,084 2,113,534 4,138,095 Hew York steady call for all-wool cashmeres, diagonals, homespuns, 6,100 49,800 138,300 Do afloat 24.000 serges, &c., by package buyers and retailers, though purchases 7,200 42,400 26,400 2,500 Albany 12,406 119,875 averaged light. Flannels and blankets ruled quiet, and steady 3,975 8,200 1,974,617 Bnffalo 505,500 in price, and carpets were in meagre demand at first hands. Do afloat 56,105 Additional orders were placed with the commission houses for 11,700,699 3,882,621 441,715 145,480 CailcaRO 800 77,105 136,850 Do afloat 15,655 77,714 wool hosiery and heavy underwear for future delivery, and 556 3,335,030 Milwaukee leading makes are largely sold to arrive. Do afloat 7,269,227 Dulutli Foreign Dry Goods. There was a light and irregular 124,521 Do afloat demand for foreign goods at first hands, and the jobbing 5,011 478,438 1,467 1,743,604 Toledo trade was only moderate, though a few seasonable specialties 30,680 56,223 1,597,902 Detroit giebo 40,000 100,000 Onwego were distributed in fair quantities. Piece silks ruled quiet, 15,563 36,091 65,649 2,055,547 997,169 8t. Louis Dress goods 23,000 40,000 but a pretty good business was done in ribbons. 44,000 9,000 138,000 Cincinnati 610 20.922 moved slowly, aside from wasli fabrics, in which there was a 144,808 144,930 147,744 Boston 77,494 fair business. Men's-wear woolens were sluggish, and the 730 434,081 Toronto 5,40i( 544 181,480 14,854 784,207 Montreal demand for linens, laces, embroideries, white goods, hosiery 90,307 124,314 492,635 PhiladelpUa 20',837 216,617 458 and gloves was mainly of a hand-to-mouth character and 178,082 2,479 Peoria 14,000 (29,600 moderate in the aggregate. 94,900 Indianapolis 443 161,140 32,742 61 446,135 Kansas CSty Iinportatlona of Dry Goods. ?,8S1 499,191 459,458 Baltimore The importations of dry goods at this port for the week 4,707,999 Minneapolis 1,008,000 Bt,Paul ending April 29, 1888, and since Jan. 1, and the same facts for 359,000 115,900 Down Mississippi 60 the corresponding periods are as follows: 2,268,353 3,111,263 127,390 On lakes 20,538 0th. countr's 52,488 68,123 : — Tot Apr. 24. '86. 44,549,960 13,588,611 1,649,866 395,893 Tot. Apr. 28, 83*20.781,911 16,894,226 4,453,197 1,627,880 • ^ Minneapolis and St Paul not included. THE DRY GOODS TRADE. New P3 - 576,050 704,258 505,569 810,478 981,695 ills?! fl& d; a', " o purchases were chiefly of a hand-to-mouth character, but so numerous that fair aggregate sales Of seasonable goods were made by manufacturers' agents and importers. The jobbing trade of this city has shown a moderate degree of animation, but there was some irregularity in the demand by retailers, patterned fabrics having been more freely taken than staple goods. The main features of the market remain unchanged. Nearly all domestic fabrics are steadily held in first hands, because stocks are not as a rule redundant, and staple imported goods are generally steady for the same reason. There is unquestionably a hopeful feeling in the trade, though no little uneasiness is expressed regarding the differences existing between labor and capital, and the definite settlement of these matters would doubtless lead to a more active business than has been witnessed of late. DoMBBTio CoTTO.v GooDS. The exports of cotton goods for the week ending April 27 were 3,363 packages, of which 1,906 were shipped to Aden, 535 to Great Britain, 835 to Argentine Kepublic, 228 to Venezuela, 325 to Brazil, 177 to Mexico, 101 to Hayti, &c. The demand for staple cotton goods at first hands continued moderate, aside from cotton flannels, for which — f S i: e : i S S: Mi i YORii. Friday, P. M., April 30, 1886. Transactions with package buyers on the spot continued moderate the past week, but there was a slightly improved re-order demand from some of the interior markets, business at several important distributing points in the Northwest and Southwest having been fairly active for the time of year. Labor troubles have naturally rendered buyers cautious, and §: ii Si ! si 13 rf»>W CO'-' COl-' Ci ^ q CD ^ O" 1^ O M 3S XO ;;< tt <§ )-* t«- 1*— CO aw ow UrQO ''^ 03 K.tO D3 I c& WO r-* aiwo:*- Va m w »— ^ CP O K* ecu 10 •-•CO — OCD I C;' ->jja 1 WW — tOM ODp#*WOT X*»C3C0O to*-* C-QO towMgo ODWCT'Mtg I r- to to (P* Ui CO If* to to £ MMtOkOKJ MMOO-J W 00 »- 00 U'O tOCJ ii* I toy* cow cop I I 'coli'w'^DCi ticcoto^-*^ 'X CS^ Oi^-JDWtO lf>>JOW "r-Mo'^O OOtStOQP tOWWOCD 0« i 00 1 C Oi Vw j I if" 'co 10 M td CO CO oc 10 -^ to to c;i (Ci <) to O'Olx-JtO tcc;ii^oji-' c w a.** ^ c;' 0-4 00 0> en OiW05<lt-» -.iCfi WW - to (^ w CS W C» h- CO « "- cow I Zfl^K.p<i Vi53aoH-'^ (C ©15- wi-* a© ooc: Iw fP». V> |i* OD CE I-- J ita. tOOS to t MOtOCOCO O1-' CS I coVj OtO W to CO K> WMCJK) (oViwooi 00 <!»»<» 50 OSOSC^CDCD Wi"'tf<tOO fcO-omoDOo w MCD iXQDOi*-!** ©cDxcoc;! cj< «• CD>-W*tO tfk !-> I I O Wjp-ooo-^ ODaDO)*W**J l--OtO»--g* in w corf* CO 10 Voodoos (O O O o CK a u ^OOtP'*' I to 00 i-T —w 'T 9' o I : Mat ; THE CHRONICLE. 1, 1886.J "guvm pttrttgafljcs. & Hayden Strttat ie>ompnnieB. ..... DRNVKK, COLOHADO. hand And for nale Hrslcliif»i* County And School llondN nod other cboico HUtiurttleti. We luivo on enpeclHlly ruetoiiniend to iHrnsorvattvo Invedtorfl onr HKAI.KSTATK I.OANsoii IiuprovudCIt; and Kami Prop«»rt Ion 'I'huHO have boon made by us after fluid InTOHtlKalloti of title and valucM, and can be trane- UlghMt ferred at once. (\>rreHi>ondence loUoltad. referenoog K jut tuid \ve«t . THE WESTERN Farm Mortgage Co., LAWRENCE, KANSAS, OF \SW YORK. No. 49 «VALIi 8TBBBT. Capital and Snrplaa, 06,000,000 This compaoT Into court, and trualee. a lonl dapwllorr for mooaTi paid No experience. losses. Sena for circular, referencec F. M. PKllKINS, Prosldont; J. T. sample forms. WARNK, Vloe-Prest.; I.. 11. I'KKKINS, Secretary (}1I,I,ETT. Treas.; N. F. HAKT. Auditor CBAS. W. Farm Mortgages JAUBil diana and Ohio Lands. NOTHINO BAFKH. ALWAV? PROMPTLY PAID 8KN1) FOR PAMP111,KT. JOS. A. inooRE, 8 I Kaat ITIarhet St.. NORTH- BankinK House of Indlanapolla, & CAKI'ENTER, Troy, N. Y. Estabii.^hed 1824. HoorKaniied Clinton Gilbert. Daniel 1>. Lord. II. Samuel Sloao, James Low. ErantUH (horning, Kdward (.'ooper, S. R. Chittenden, W.Bay 'rdCuttlUK ChaH. S. Smith. 8. M. Uuck'Kham Geo. lill..», K. Ijiwrcnce, William Mbbey, N Pho!p.H, John (\ Brown, Ihjuic HUNRT THORN KLL, LOUIS Q. HAMFTON, L. lied capital, »2,000.000. capital. $200.IKXI. Real Estate to four times the amount of morttiaae, nettiuK investors fi to 8 per rOMPANY. Guaranteed by Co. Interest payable at onr Ranklns ITonse. ct. 6%AmpHcnD 8% Thr InTeslitient Company, of KmmeisburK, Iowa, lncorp<(rateo with a paid-up capital of 9.^00, Oi>0. with bmncheHUt Huron nnd Mftchell, Dakota, offer flrwt Mort*ra(ie Fnrni Loans in Iowa. Minn.. DukoU. and Neb., both I'rincipnl and Inier* ei*i (-un rant red. Also 6 per cent Debenture Itondc (obllKHiioiis of the Company), running lu years, secured by Mori^aK** loans deposited with theiVlercnniilc TruNi Co., N. V, Italso issues Demand Certiflciitef of Deposit at S per cent interest. Write for paulp^.k't and references lloitip OQlce, EiitmetMburfft loiva, E. H. OrniNby, ProH., 130 \nMHau St.. N. Y. Bonds of SixretysJiip. yO OTHER BUSINESS. The Oiiarantee OAPIT.\I,, ...... - Wm. WhltBwrlght, Assets and Uesources Deposit with Insurance Department President Vice-President BlK ALEX. T. GALT. HON. JA8. FBRRIKB, ManafiinK Director: Kdward Rawlings. NKW YORK NO. Ill OFFICE: BKOADWAir. D.J. TOMPKINS. Secretary. York Dirkctors— Joseph W. Drexel, A. L. II. Victor Newcomo, John Paton. Dante) Torr«nce. Kdw. v, w^tnslow. Uraatns Wlman, F. P. Hopkins, I. W. Pulafnrd. A Fl01::L.irV Nos. 2U A CAI!$CJAKTV CO. BROADWAY, NBW YORK 216 Cash Capital. $250,000. invested in U. S, Gov't Bonds. N. Y. Ins. Dep't, for $200,000 deposited with the the protection of Policy-holders. Assets. January 1st, lo«6, $&00,5<>0 42. Officials of BanKs, itailruads and express Compfoies. ManaKers.!^ecretarles,and Clerks of Public Con* panles, Institutlonsand Commercial Hrms, can obtain BONDS OP SURETYSHIP from this Company at moderate charges. The bonds uf this Company are accepted by the courts of the various States CASUALTY DEPARTinENT. Policies Issued Hxalnst accidents cauaiuK death or totally dlsabllnK injuries. Full information as to details, rates, &c., can be obtained at head office, or of Company's Agents. Wm. M. RiruAKi'H, Prest. John M. Crane, Sec'y UOB'T J. HiLLAS, Ass't Secretary. DIKKCTORS: O. G. Winiama, David Dowa. J.8.T. Stranahan. A. 8. Barnes. K. B. Hull, H. A. Uurlbut, J. L. Rlker, J. D. Verml?ve, tieo. S. Cop W. O. I^w. Charles Dennis, Alex. Mitchel), 8. B. Chittenden. Wn- M. Richards. BSTABLiailED 1»55. Eugrene H. Cole^ STATIONER AND PRINTER. Supplies Banks. Rankers, Stock Brokers and Corporations with complete outflts of Account Books ao4l Stationery. tW~ New concerns organiilnff will have their orders promptly executed. No. 1 WILLIAIH STKEET, (UANOVaB :SQ17ABB!.) In n" .... 'lA- i \ 'M- ^nnlllperfnrmano* of which Its cuplui ami surulas fund furnish ample seoohty. All trust fnnds and Investment, are keptseDarate and apart from the asseU of the oompanyT The Income of parties reeldlna abroad »~.iuiiy "~ oarefallr oollocted and duly remitted. ful BAM-L ASA SHI PLKT. President. WINO. Vlee.l'rasldent and Actnarr. R. fl. Metropolitan Trust Co., MIUo Building, Wall 3.^ St., PAID UP CAPITAL, Designated New York $1,000,000. as a legal l>ep«)nltory by order of Se* premeC<mrt. Receive deposits >f money un Intereet, act as fiscal or transfer agent, or trustee for OOrpu r atlons, and accept and execute any leeal u persons or corporations on as favorable other similar companies. THO.MAS H I M.HonsB, President. FRKDKItIC I). TAPPEN, Vice-Prealdeat. J. BRlTTI,\,!llecretary. $1,000,000 «2,O0U,000 |itt0ntjegs. Administrator, Is y. Russell, S. T. Falrchlld. C. D. Wood, James N. Piatt, H. Krothingham, George A. J arris, Corporation and Oommareial Imub a BpatinUy Refers to Judges Stephen J Field and Wm. B J. B. Johnston, Kdward Scholl, Woods Ainasa J. Parker, Samuel K. Barger, ,_. Robert Lenox Kennedy, Geo. ('. Magoun. n. S. EXECUTIVE COMMITTEE: C. D. A. C. Kingsland. KING, O RON The Union oil AND BIS Trust Co., CHESTNUT STREET, PHILADELPHIA. $1,000,000 Authorlied Capital 800.000 Paid-up Capital Acts as Bxecutor, Administrator, Assignee, etc., and executes trusts of every description known to the law All trust asseu kept separate from those of the Company. Burglar-Proof Safes t.o rent at $5 to $00 per annum. Wills kept In Vaults without charge. Bonds, Stocks and other valuables taken uader guarantee. „„ Paintings, Statuary, Bronxes, etc., kept In Flre> Proof Vaults. Money received on deposit at Interest. JAS, LONG. Prest. JOHN O. READING,V..Pre8t. M AHLON T> r*. THE MEW^lrORK Wood, President, JAMBS M. McLEAN. First VIce-Pres't, JAMBS H.OQILVIB, Second Vlce-Pres't. Al.DS ON, Secr etary. . Sunreme Cnnrt, lV«.h!npton. PEltscetlatieatis. O. G. Williams, B. B. Wesley, Johnston, D. C. Hays, Law PBACTICB8 IN ALL THB C0DRT8. Q.G. Williams, B. G. Remsen, Whltewrlght, A. Angier, E. ATLANTA, OBOROIA. Georire B. Carhart, Henry Stokes, A. Philadelphia, Pa. C. Vanderbllt, A. A. Ik)W. Wesley, n. II. MoAlptn, EDWARD Porter, Attorney and Couniielor at I. D. C. Hays, James .Forsyth, George Cabot ward, Edward King, Wm. W. Corporation, Transportation and Commercial Law. RBPERENCE8:-Tho Trust Companies, TheVatlona Banks and Railroad Companies In PhlladelphU, and the Judges of any of the Courts. James M. McTjean, Ambrose C. Kingsland, James U. Ogilrle, R.T. Wilson, Wm. William Attorney and Couniicllor at Law No. 623 WALNUT STREET, TRUSTEES: Henry A. Kent, J. B. $300.00C 830,0(V 240,000 Interest KXK< TOR, TRUSTER, (iUAKDI MITTBIC, RKCHdvBIl, AOKN A LKGAr, DBPOSITORV FOR MONBT OF NORTH AMERICA. CtkBh Capita) mand.oron which •red by law to act as WALTER Accepts the transfer agency and reKlstry of stocks, and acts as Tru.stee of mortff i«es of corporations. Allows Interest on deposits, which may be made at anytime, and withdrawn on five days' notice, with Interest for the whole time they remain with the company. For the oouTenience of depositors this company also opens current accounts subject. In accordance with Its rules, to check at sight, and allows Interest upon the resulting daily balances. Such checks pass through the Clearing House. James M. McLean, Co, fiooretary. OF NKW YORK, B. B. financial C^omyanies. > 1,000,000 tlS,6tll,ArtO 6n. INSURES LIVKH, UllANTH A.NM ITIKH CHIVES MONKY CN I.KPDHIT r,.t„ri' ,Mn "inRB. dt ASSETS 73 Itroadfray, cor. Rector St., N. Y. AuthorPaid up MortKaKes worth from two LOAN Inoorponited Third Mo.. Wd. lum. CAPITAL aufnm the Minn. ttCARANTY Qlpottand Secretary. Union Trust Company EaHtern Representatives 1S«H. of VIoe-Pres't THB ProvidentLife&TrustCo OF PlIII.ADKI.flllA. W. W. NOKTHWESTEKN SCIKPLUS, Authorised to act as Bxeoutor, GUARANTY l-OAN (:«l Guardian, Receiver, or Trustee, and of Minneapolis. WESTERN N«TT CLAHK.HeooDd Phelps, [John H.Rhoades, U. Willis James,! Anson P. KTokos, .lohn .1. Astor, Robt.B. Mlnturn, John A. Stewart,!'Geo. 11. Warren, Int* NEiiKH H. TRUSTEES: Dan. H. Arnold, Thomas Slooomb, Charloa IS. Bill, Wilson G. Hunt, Wm. ll.Macy, Sams of $100 and Upwards on In In aacuaralao or which may bo made at any tlma.and withdrawn after llTedayii'notlco, and will be entitled to Interest for the whole iliue they may remain with theoompany. Kxecutom. admlnlstratora, or tnuteeeot ealatea, and fcnialoH unaocuHt4>nied tothetrannaetlon of bnalness, aa well aa retlKloua and benevolent Institutions, win flud this company a wnvonlent depository for money. JolIN A. STKW A KT, President. WIl.l.IAM 11. MACY. Vice-President. KIK.ST luid Mt autborlted to INTKRR8T ALI.OWBl) ON DUPOSITS. Offers to Investors the best securities In the market. MOKTDAIJE LOANS lirON IMl'KOVKl) FARMS. Interest and principal paid on day of maturity In New York. Funds urt>mptly nlacod. Larti? is li tfomtmutes. Svtttft Dickinson, United States Trust Co. INVK8TMKNT BANKKHS, We vtt Moist Letter Copying Book. (Patented November 28th, 1H78.) VNIFORin COPIES. SAVES TIMB. no^"watkr. no rrcsh. ai.w^ays:rbadt. E. L. FARGO, Sole Mannfactnrer, 59 BEE K MAN ST., NEW YORK. In the use of " This Book,'* the great annoyance of water, brushes, cloths, Ac. Is done away with—the book Is ready at all times to copy any numhfr of letters at once. Parties using same pron<^nnRo It the very thing they want the copies are clear, distinct and uniform. ; Prices Rednced. Send for Prl«i« Llat SECURE BANK VAULTS. STOK ES, Treasurer A Secretary. PATTERSON, Trust Officer. S. D. R. DiRKCToiia.— James l^ong, Alfred S. Gillett,Joseph Wright, Dr. Charles P. Turner, William S. Price, J. Nead, Thomas U. Patton.John G. Reading. Wm. H. l.ucaa. U. Hayes Agnew, M. D., Jos. 1. Keefe, Robert Patterson, Theodor C. Kngel, Jacob Nayktr, Thos. G. Hood, Edward L. Perkins, John T. Monroe, W. Philadelphia; Samuel Riddle, Glkn Ridiii.e. Pa.; W. Relly, HARKlBuaHG, Pa.; J. Simpson HUNTINOUON; Henry 8. Eckert, RkadinO; Edmunds. Doty, Mifflintown; W. W. H. Davis. Doyi.kstown: R. B. Monaghan. W«8T CBXSTIB! Chas. W. Cooper, Ai,lintow». Dr. George Africa. The Brooklyn Trust Co. Montague A Clinton sts., BrooklTD, N. T. authorized by speolal charter to act vi receiver, trustee, gnardi&Q, executor or ad- Cor. of This Company Is ministrator. It can act as agent in the sale or kXianB^ment of real estate, collect Interest or dividends, receive registry and tranttfer boolts, or make purchase and Bale of Government and other securities. Religious and charitable Institutions, and per»oiu unaccustomed to the transaction of business, will find this Company HHafe and convenient depository RIPLKV ROI*KS. President. for money. KDMUNl) W. CORL.lKt(. Vloe-Preat. TRIjSTKKS. Joslah O. Low. Alex. M. White, A. A. Low, Alex. McCue, E. K. Knowltun. John T. Martin. Henry K HhetdOQ C.D.Wood. Wm H Fred. Cromwell. Mai*. John P. Rolfe. Ripi«y R(ip«« , Mlch.CbauDcey, K. W. <:orlio8, Abram B "ayiia, BKTlla. Wro. B. KendaU.U. K.Pierrepont. Jas. uutia Cuvi&AUt 6eor«t&rT WELDED CHROME STEEL AND IRON In Round and Flat FOB Bam. and S ply Plates and Angles SAFES, VAULrS. Ac Cannot be Sawed. Cut or Drilled, and practically Burglar Pntof. CHROME STEEL WORKS, ClroDlare Free. FOR BROOKLYN, SALE. N. V. Chronicle Volumes SINOB 1870. olBce possessing these volumes since 1«70 has at hand for convenient reference a complete and reliable flnanolal history of the period. Parties having the more recent volume, can obt:^'.n from the pnb Ushers most of the earlier volumes, or oomplece set can be furnished. Any WIIililAIIITB. 79 ^k 81 DANA*** rO.."~ WILLIAM .SrKEKT, NEW YOBKJ ; m %ts^X l^otijcje. Foreclosure Special Master's Sale Georgia Railroad. By Tirtae of a decree made on the 17th day of 1886, by the Circiiit Court of the United States of the Eastern District of Tennessee, in the caase of the Central Trust Company of New York against the Bast Tennessee Virginia & Georgia RailMarch. Alabama and Mississippi, Autaoga County, Alabama, Book, vol wilt I of May, 1886, KnoxTille, Tennessee, • ALSO. • ' PLACE. A YEAR 8. pages 739 In Book 11, pages 243 Deed Book FINANCIAL INFORMATION FOB Bankers, et I Stock Brokers, 2. AT THE SAME TIME AND will sell all tbe right, title and interest of A Georgia JUerchaiits, Railroad Company, the Tennessee State Line Railroad Company. Samuel Thomas, and the other parties to said suit, in and to all the property described In said decree of March 17th. 1886, to which reference is here made being all the property described and set forth In three certain deeds of indenture of mortgage or trust, executed respectively on the Istday of March, 1883. the Ist day of April, 1883, and the 14th day of October, 1884, and recorded in the public registries of deeds and mortgages In Tennessee and Georgia, Retrospect or 1885. nercantlle Fatlnres. as follows: Banking and Financial- Investors. : pages 1 et »eq.; County. Tennessee, in Trust Deed Book 1. pages ISSet seq.: Cocke County, Tennessee, in Trust Deed Book 1, pages 17:^ et geq.; Hamblen County, Tennessee, in Trust Deed Book No. pages 58 et aeq.; Jefferson County. Tennessee, In Trust Deed Book No. 2, pages 162 et seq. ; Knox County, Tennessee, in Trust Deed Book F, vol. 1, pages 216 et seq.: Loudon County, Tennessee, la Deed Book No. 4. pages 260 et seq.; Monroe County, Tennessee, in Deed Book U, pages et seq Mom inn County. Tennessee, in Deed Book U, pages 252 et seq.; Bradley County, Tennessee, in Deed Book G, pages et seq.: 3, «t seq.; vol. pages 71 et seq.; Whltfleld County, Georgia, in Book of Mortgages A, pages 266 et seq.; Gordon County, Georgia, in Book of Deeds, pages 53 e t aeq. ; Floyd County, Georgia, in Book C of Mortgages, pages 56 et seq.; Polk County, Georgia, in Book of Mortgages, pages 2, New York Citv—Bank CommercialUnited States— Foreltfu Commerce, Trade Balance, U. 8. Exports and Imports of Leading Articles. London—Review ol year. seq.; BartowCounty. Georgia, pages 262 in of Mortgages, H of Mortgages, Book et seq.; De Kulb County, Georgia, pages Book A ft seq.; FultonCounty.Georgia, pages 247 in In Book of Mortgages, 3:i5 et seq.; Coffee County. Georgia, in Book A of Mortgages, pages 189 eC seq.; Clayton County. Georgia, In Book A of Mortgages, pages 127 et seq.; Henry County. Georgia, in Book U of Deeds, pages aOl et seq.; Butts County, Georgia, In Book 21 h of Deeds, pages and Prices of Call Ix>ana and Commercial Paper since 1878. Influences, Gold and SilverProduction, Consumption, Exports and Imports of Gold and Silver in tbe Unlt«d States and abroad. Foreign Ezcbanee— Jasper County, Georgia, In Book I of Mortgages, pages 516 et seq.; Monroe County. Georgia. In Book O of Mortgages, pages 147 et seq.; Jones County, Georgia, In Book U of Deeds, pages 379 et seq.; Bibb County, Georgia. In Book KK, pages 163 et c said Klnlt's receivership. v For a fuller and more exact and detailed statement of the terms of Sale, reference Is made to said Decree of March Kth. 1886, entered of record In said cause, anl under which said sale will be made. «> Twiggs County, Georgia, pages 562 ; in Book 2 of Mortgages el seq,: Pulaski County. Georgia, In 9»gm S27 et »eq.; Book B of Mortgages, ^ New York, in 1870-1885. Investmenta and Specniatlon— Compound Interest Table, Showing Acon- mulatlons of Money in a Series of Years. Table Showing the Rate Per Cent Realized on Securities Purchased at different prices (without regard to date of maturity.) Stock Speculation in New York. United States Debt and Secaritles— Debt of the United States, 1791-1885. Prices of U. S. Bonds. 1860-1885. State Debts and Securities— State Debts and Immunity from ProseontlOD. Prices of State Securities, 1860-1885. Railroads and ttaelr Securities- Railroad Statistics of the United States Railroad Earnings. Prices of Railroad Bonds, 1881-1885. The New York Stock Market. 1881-1885. Prices of Railroad Stocks, 1881-1885. j et seq.; Mq-: Bank Returns, Ac, The money market- Market and Prices Paulding County. Georgia, in Book Q of Mortgages, pages 567 et seq.; Cobb County. Georgia, in Book F of Mortgages, pages 181 et seq., 'T Returns, Ac. London— Money Market and Bank Returns H The sale of said property will be madeupontha following terms, to-wit First. The purchaser or purchasers will take the property suoject to all existing prior valid liens thereon Secoitd, No bid for less than ten million dollars will be received Thiid, One hundred thousand dollars, cash in hand, will be required to be paid at the time and place of sale, and the balance of the purchase price may be paid either in cas'i or. at the option of the purchaser, the remainder of his bid may be saiistied or discharged in whole or in part bv paying over and surrendering any of the consolidated First M- rtgage bonds, issued under said Moitgage of June 15th, 1881. and any overdue and unpaid coupons belonging thereto, and also any Cincinnati & Georgia Division bonds of suid East Tennessee Virginia & Georgia Railroad Company, of its two milU 'n issue ot March 1st. 1883, mil any overdue and unpaid coupons belonging thereto, ai such price and value as will be equivalent to the'il^tribulive amount that the holdera ot said bonds would be entitled to receive thereon, incase the entire amount of the bid was paid in cash. But nonp of said bonds or coupons will be received in pityment of any portion or the purchase firice, until ail the costs and t-xpenses provided for n said decree of March 17. 1886. and the expenses of sale, shall have been fultT paid Fimrth, In adaition to the sum bid for the property, the purchaser or purchasers will take the property subject to, and will be required to assume and pay off and diacharKo, any and all claims now pending and undetermined in eithe'- of the courts in which theoriginal and anollliMry bills are pending, which may be allowed and adjudged by the Court as prir)r to any right secured under the mortgages herein mentioned and Hubject likewise to all debts, claims and demands, of wnatsoever nature, incurred or which may bo incurred, by Henry Fink, as Receiver, and which may remain unpaid at the termination of «; United States— National Bank FiKores and Currency Movements. ; Fulton County. Georgia, in Mortgage Book K, pages 754 et seq.; Bibb County, Georgia, in Book 11, folios 75 et seq ; Fulton Cuunty, (ieornia, in Book L. pages 795 efcs^Q. Said property may be generally described as a line of railroad extending from Bristol. Tenne8>ee, thruuKh Knoxville to ^ hattanooga. Tennessee, from Morrlstowu, Tennessee, to U^aka, Tennessee, from Ooltewah Junction, Tennessee, to Cohutta, Georgia, from Cleveland, Tennej-see, through Dtilton and Rome, Georgia, to Atlanta. Macon, and Brunsnick, Getirgia (with a -'ranch Line extending from Cochran. Ga.. to Hawkinsville. Ga.), and the line from Rome through Talladega. Anniston and Selraa. to Meridian. Miasii'stppi; together with all the rightsof way, franchises, rolling stock, and equipment of sa:d Railroad Company, ana ail the other property of said defendants real, pergonal and mixed, mentioned and described in said decree of March 17th. 18S6. and in said Mortgages or Deeds of Trust; including the capital Slock in the Memphis A Charleston and Knoxville & Ohio railroad companies, owned by said East Tennessee Virginia &L>eorgia Railroad Company. et »tq.; Deed Book No. CONTBNTSs James County, Tennessee, In Deed Book No. S, pages 78 et seq.; Whitaeld County, Georgia, in Book of Mortgages A, pages 431 et seq.; Catoosa County, Georgia, ia Deed Book F. pages 1 '<it 75 et BOOi: OF Book X, pages 458 Book No. said East Tennessee Virginia Deed Book. Deed Book K, in Lauderdale County, Mississippi, in Book No. pages SQlet seq. 2. In In Sumter County. Alabama, Uawkns Hamilton County. Tennessee, pages 390 et seq.; Washington County. Tennessee, In Trust Deed Book No. 2. pages 2^3 et seq.; Greene County, Tennessee, in Trust Deed Book in 4, seq.; Tot. 29. James County. Tennessee, ; isse. 1 et seq.: Hale County, Alabama. slppi, as follows: pages 320 (ANNUAL.) et aeq.; son and Campbell Counties, Tennessee, to the Kentucky State line, known as the Knoxville & Ohio Railroad) set forth and described in a certain mortgage or deed in trust, executed on the 15th day of June. 1881, and known as the "Consolidated First Mortgage" of said Railroad Company, which Is duly recorded in the public reglst ries for deeds and mortgages in Tennessee, Georgia, Alabama and Missis- 205 pages Marengo County, Alabama, same property (excepting the line of railroad extending from KnoxTllle, Tennessee, through Ander- Sullivan County. Tennessee. In Trust pages 200 et seq.; Carter County. Tennossee. in Trust No. 1, pages 103 et seq.; Financial Review. Record or Mortgage et seq.; made; being the is 29, In Shelbr County, Alabama, in No. Record of Mortgagee, pages 157 et seq.; Calhoun County. Alabama, in Book M Register of Deeds, pages 586 et seq.; Cherokee County, Alabama. In Book 6 Register of Deeds, pages 7Qet seq.; Talladega County. Alabama, in Book BB, pages 481 States Custom House, expose to public sale to the highest bidder all the right, title and interest of said East Tennessee Vir. ginia & Georgia Kailroad Company and the other parties to said suit, in ^nd to all the real and personal property described in said decree of March which reference TBE etteq.; at At the door of the United 17th, 1686, to Mvihlic^tians. of Mortgages, Chilton County, Alabama, In Book No. On the 25th day XLn. seq.; road Company et a!, and confirmed by the Circuit Courts of the United States for the Districts of C^eorgia, Book E In pages 133 et seq.; Telfair County, Georgia. In Book U of Mortgages, pages 196 et $eq.; Appling County, Georgia. In Book K of Mortgages. pages 3 et seq.; Wayn3 County, Georgia, in Book P of Mortgages, pages 173 et sen.; Glynn County, G^eorgia, in Book T of Mortgages, pages 290 etseq.; Dallas ('ounty. Alabama, in Deed or Mortgage Record 74, pages 694 et seq.; Perry County. Alabama. In Deed Record WW, pages 25 et seq.; Bibb County, Alabama. In R Record, pages 143 et East Tennessee Virginia & [Vol. g:0tijce. Dodge County, Georgia, OF THB 472 ; THE CHKONICLE Scsal Ko. ; Price of the Revievr, bound In cloth, - S'i 00 To Chronicle Subscribers (one copjr only)l 00 10 Postage (when sent by IVIall) .... WILUAJn Win. KIJIjB, special Master* ',if \ '1 B. nA^A &. CO., PU BLT8 HE R8, William Mreeu New Vork May 1, THE CHRONICLE 188C.J ^nsvLvnnct, %u&nvmice. ^ottoxu EQUITABLE ASSURANCE SOCIETY, Robert Tannahill& Co., UFE OFFIOa OF THE 120 ATLANTIC Aasets, Mutual Insurance Co., NEW YORK, January 23, 1886. TheTrnstflei), In conformity to the Charter of the following Statement December, 1885: Fremliimaon Marine Risks from 1st January, 1883, to 31st December, 1885 $3,856,618 66 Premiums on Policies not marked 1,339,525 10 oil l8t January, 1885 the Company, Total Marine Preminms Premlnms marked off 95,196,143 76 from let January, 1885, to Slst Decem1885 $3,770,094 30 ber, Losses paid during period Cotton CommlMloii 1886 168,161,026 Surplus at 4 per cent 10,48;i,617 Income in 1884 16,008,480 Paid to PolicyholderB during last 26 years 81,072,486 THE SOCtETY ISSUES INDISPUTABLE ASSURANCES AND MAKES PROMPT PAYMENT OF CLAIMS. The United IN $1,915,020 67 $776,712 42 Cotton BxebaBce BnlldlBs, The Company has the following Assets, United States and State of New Stock, City, viz.: Bank and other Stocks $9,034,685 00 liOans secured by Stocks and otherwise 1,433,600 00 Seal Estate and Claims due the Company, estimated at 530,000 00 Premium Notes and Bills Receivable 1,508,143 53 OashlnBank 228,897 88 Amount Insurance Co. THB CITTT OF NBTT YORK. SpMlal attmtlon itTM to tb* pnnhaM ana saMef ratal* CoDtna»« In Haw Tork lod Urvpool. Alexander Oio. H. BUBFOHD. Aotoary. ing certillcates of profits will be paid to the holders thereof, or their legal representatives, on and after Tuesday, the 2d of February next. THE OUTSTANDING CERTIFICATES of the issue of 1881 wlU be redeemed and paid to the holders thereof, or their legal representatlTes, on and after Tuesday, the 2d of February next, from which date all interest thereon will eease. The certificates to be produced at the time of payment and canceled. A DIVIDEND OF FORTY PER CENT J. D. Jones, Charles Dennis, Adolph Lemoyxe, Robert B. MIntum, Charles H. Marshall, Frederick H. Cossltt, W H. H. Moore, James Low, A. A. Raven, Wm. WUllam Bryoe, Sturgis, Benjamin H. Field, Josiah O. Low, John Elliott, James G. De Forest, Charles D Leverlch, Thomas B Coddlngton John L. Riker, William Degroot, N. Denton Smith, Horace Oray, William E. Dodge, WUllam H. Macy, George Henry E. Hawley, William O. Morgan, Isaac BeH, Edward Floyd^Jonea, Hand, John D. Hewlett, WUllam H. Webb, 0. A. Anson W. Hard, harles P. Burdett, dmund W. Bliss, COTTOB to parctaaM of HP1nNKK8 ud BXPORTIUS. for COHHIHPUNIkSNCI HOl.ICITIl). RxnaiNciB.— Mktlonal Bank of Aatrants, Oa Henrj Henti A Co., CommlMton MerchAnU. N«« York William B. Uana & Co.. Proprlelon CouumuciAVIi rutAMOiAL CHBonou, and otHar Haw To«k i Uoaoaa. Gwathmey & Bless, COMMISSION MERCHANTS, FEABL ST., NEW TUKK. Orderg for fntnre delivery of Cotton ezeonted ta Nev York and Liverpool ; also for New QralnandPro Tlilons In tine. James F. Wenman & Co., Issues all One month's grace allowed In the payment of Premiums on Tontine Policies, and ten days' grace on all others, the Insurance remaining In full force during the grace. Absolute security, combined with the largest liberality, assures the popularity and success of this company. OOOD AQBNTS, desiring JOHN pany, are Invited to address J. 8. QAFFNKY, Superintendent of Aiiencies. at Home Office. MANHATTAN From PhUadtlphia Inquirer^ Jan, 30, 1884. The new plan of the Manhattan Life Incurance Company continues to meet the popular Javor. It combines the prutectire feature of life insurance with the Invesimeat feature of the endnwmeat fjolioy, while It avoids the expense attendinfr the alter by the ordinary method. An improvement has also been added to this new form ot p licy within the year, which nives the assured the option at tne end of iliG yerlod of taking the endowment in cash or uf Continuing the insurance for a much larger amount without any further payment of premium, independent of the condition ot health at the time. KISTABLISIIEO IN j^teamsliips. ONIaY H. CLISBT COnON BUTEBS, & ¥. CO., nONTOOnERT, ALA. &0mmtvcivd (KDavds. BrinckerhofF, Turner & Co., Manafaotnren and Dealan to COTTON SAILDUCK And aU Had* of Alio, Acenta UNITED STATES BUNTING France, From Pier <newj 42, North Uiver. foot of Morton St Travelers by this tine avoid both transit by Engltsb railway and the discomforts of crosslnK the Channel In a small boat. ST. LA U KENT. Dardignac Wed., May ft, 8 A. M. LA ^OK.\:ANlJlr, KersabiecWed., May la. 1 P.M. A.wKltlOUP:, Baquesne Wed.. May Iti, 6 A.M. l^ABltADOK. P. dUauterlve Wed.. May iJB. A.M. Canada, l*udcl Wed., June2. B;30 A. M. t7~ La Champatcne (new), will sail on Saturday, June S> La Nurmandle. Saturday, June 12 La. Bourgogne (new), Saturday, July 3. 1 : 1 ; PKiCK ov pAHHAtiK (including wlne):~To HavreFirst cabin. |1U0 and ^^; second cabin, $00: steer* age. |:^'.^lncluding wine, bedding and utensils. Uetum tickets at very reduced rates. Checks on Banque Tr&nsatlantlque, Havre and Paria.in amoants to anlU Special Train from If. Tontine Bolldlns) 1840. OOTTON CANVAS, FHLTINO DUCK, CAB OOVKRmO, BAQOINO, RAVENS DUCK.BAII. TWINB8, *C., "ONTARIO" 8BAMLB88 BAGS, "AWNINO BTBIPB& 1850. Direct Line to (In PosoHAsa eiTLT ok ordirs roB a Comnaaioa L.IFE IIVSURA^CE COlflPAlltfY, 156 & 158 BROADWAY. NEW YORK. HENKY STOKES, President. is PEAPI. STHEET, EatabUabed Com- to represent the Tork. COTTON BROKERS, No. 113 k. full aapplT, Havre to Paris, The Compagnle Generate Transattantlqae delivers at its office in New York special train tickets from Havre to Paris. Baggage checked through to Paris without examination at Havre, provided passengers have the same delivered at the Company's duok in New York, Pier 42 North River, foot of Morton St., at least two hours before the departore of a steamer. all No. GENERAL TRANSATLANTIC CO. Between NEW^ YORK and HAVRB. Bliss, TKUSTEESi CargiU, forms of Insurance, InclttdlnK Tontine and Limited (Non-Forfeiting) Ton- declared on the net earned premiums of the Company, for the year ending 31st December, 1885, for which certifloates will be Issued on and after Tuesday, the 4th of May next. By order of the Board, H. CBAPMAIV, Secretary. ntlra attention Klren TO OKDBH No. 123 All Policies Issued by this Company are 1XD18PUTABLE after three years. All Death Clalma paid wrrHOtrr discoitnt as soon as satisfactory proofs have been received. $12,740,326 46 SIX PER CENT INTEREST on the outstand- & COTTON BROKEBS, All the proflts belong to the Policj-boldera excln- Company Now Vorll AUGUST A, GEORGIA. States Life (OROANIZKD IN 1860.) 261, 862 & 268 Broadway, New York. T. H. BR03NAN, President. 0. P. FRALIIOH, Seo'r. A. WH»LWBIOBT, Aut 8m. This Jierctaaiita, 1, Blvely. the same Returns of Premlnms and Expenses J. January siibiult of lt« affairs on the 31st York BROADWAY, NEW YORK. CO. Wldthi and Colon, alwan la itook 109 Dnano Street. Fabyan & Co., New Tork, Boston, Philadelphia, BBLLINQ AQBNTB FOR LBADINQ BRANDS BROHTN A BLEACHES SHIRTINO AND NIIEKTINGS, PRINTS, DSNIMS, TICKS, DUCKS, 4k*. Toirele, QnllU, W^blte Oooda A Hosiery DrUU, Sheetings, Se., for Sxport TraiU. BAGGING. WARREBT, JONES ST. Sc GRATZ LOUIS, Mo. Uannfaotnren' Acenta for tbe aale of Jste Baaainc IMPORTEBB or DB BEBIAN, IRON COTTON TIES. Chronicle Numbers JOSEPH CI LL0TT5 STEEL PENS liOCJlS Acent, No. H Boivllnc Careen. Thomas Maltland. Corlles, JOHN D. JONES, President. ICHARLES DENNIS, Vice-President. W. H. H. MOORE, 2d Vlce-Pres't A. A. RAVEN, 8d Vloe-Prealdent WAIVTED. 967, 070, 97r, 076, 081, and 1884, Supplement. Tea C«Qt« for eaob of tiie Jnne above paid at Uie Oflc Attn Br ALL DEALERSTw«MMKivr'K« WORLD OOUD MEDAL PARIS EXP0SITI0N-ia7B. ; THE CHRONICLE. ®0tt01I. iS^ottovi, Woodward & [Mat ptiscjelXaneoxts. YORK. |NB\r j.^:u MADE ON ACCKPTABLB £oA.N8 INM AN, S W ANN& Co & 18 Excliange Place Post Building, 16 BKCDK1TIB8. —with Co., MEW YORK, IVEW ORL.EAMS, AGENT FOB 8 etuuib WlUlam XKCUTJC OKUiCKS tit,, hoit Warm ORIENT GUANO MANUFACT'G CO., ORIENT, Standard New llork, G. OF VIKGINIA. Co., •t Cotton Exchange Building, NBW YUUK CUFFKB BXCHANOB, and NEVr YORK. theMiSW YOKIt PKODUCB BXCHAHGB and the CUil/AUU iiUAHU OF TUAUit. John COUiiKSPONUlINTS Messrs. Smith, iiiawards A Co., Cotton Brokers, lATerpuul. Jas. ijea McLean, New Orleans. l ,«HMAN , bxjfiuN New & Co., LiCUUAN, I>nBB A OF HMMBJiltis (FOR BALING COTTON). CONTRACTS OF COTTON. TMJt UOTXOJi, VUJ/FJEE AND m Cotton Exch. Building, New 186 Gravier New York. Street, & Attbntiok Givkn to thb Execution of obdebs fob futube contea0t8. Spkoiai, Gwynn, anBTATDB C. Hopkins. L0cni8 Hopkins Smith Charles D. Miller. Hopkins, Dwight & Co., C O T T OW COMMISSION MERCHANTS, COMMISSION MERCHANTS, Cotton Excliange Balldine, COTTON EXCHANGE, NBW YORK. Room " ~ Liberal advances made on Cotton consignment!. Special attention given to orders for contract* fo r future delivery of Cotton. KURE, FARRAR & CO., WALTER &KROHN, S3 BBAVHW STWKWT. VOWK. IVWtr F. Hoifmann, COTTON BROKER AND AGENT 38 "nn ItK I, A ROYTRNR. MAVRR. Phenix Insurance Co. OF BROOKLYN, 195 Broadway, New York City. Company lit Day of Jan., ISS-"*. |1,000,000 00 CASH CAPITAL Office, ' COTTON FACTORS Jones, Orleans, La. ; Fielding & STREET, NE1V YORK. COTTON BROKERS, Mohr, Hanemann& Co., I'ja.unuvJi JiX(JM.A.MiMli. C-TOWN UVFICK, No. IMi (JUUUCH BTBam Menr Korli.. .xOrders executed at itie Cuttun -Exchanges In New iforlL ana Liverpuul, aud auvauces uiade on Cotton and uluer prouuce cousiguea lo us, or to our corresliiverpuui Messrs. L. Kusenlieun a putiueuts Buns ana A Bturn A Co.; in Loudon, Messrs. B. New* 6c Co., NEVr YORK. NORFOLK, VA. Advances made on Cotton Constffnments and Special Attention given to purchase and sale of FUTURE KiCUANGH: PLACB, ST., Farrar 132 PEARI. ALSO mERCHANTS, PEARL Advances made on ConslRnments of Cotton. Ooncracts for Future Delivery of Cotton booxlit and 9o]d on oommisslon. BAGGING AND IRON TIES, LEHMAN BRO'S, Cotton AND Factors COmraiSSION Wheeier, COTTON COMMISSION MERCHANTS NEW YORK. Co., MuuLgomery Ala. urieaus. La. No. 40 & bullard 141 HICNBT H. Whexler. Bdllard. L. Superphosphates. High Grade Pyrites free from Arsenic. C O T T OHf Sncoessors to W.11RB & SCHBOEDER. the NKW YOKK, LIVBKFOOL AND NBW ORUiiiiiA^s UOTTUJN iiiACJtiAJNGiiiti. Also Orders for COTTON COMMISSION MERCHANTS, C U FF££ at the I. Henry M. Taber & Schroeder L. SULPHUR MINES COMPANY Pald-Up Capital, B. M. 6,000,000. FLTUKK DJCLIVBBT CO., RICHMOND, VA. Authorized Capital, B. M. 20,000,000. COMMXSsSIUN MERCHANTS, and Produce Bxch's. THE HAXALL CRENSHAW Bxchangt^s in JSew York City. Co., Cotton, Coffee Standard Brands of Flour for Shipment to Llimates always on hand. COTTON COMPANY OF STUTTGART. Bold tor Cash, or carried on Margin, on the various 6c Wisner, NEW YORK, agency op YOKK. Hentz & conmissioN iherciiaivts. Members of the G. E. Staenglen, Cotton, Coffee, Grain and' Petroleum Bought and irlenry COUNTRY BANKERS. 71 WA1,1, ST., COTTON EXCHANGK BVILDINO, NKW aooonntsof Crenshaw COMMISSION MERCHANTS, , interest upon balances. Special attention paid to INVESTMENTS and 'Sew York. WANTS BtriT. & R. Macready Sons, BANKERS, 14 NASSAU STREET, NEW YORK. Personal attention given at the EXCHANGES to the purchase and sale of STOCKS and BONDS for cash or on mar>irin. DEPOSITS KECBIVBD— subject to check at sight ATimrrioN to Obdbbs job Contracts ros FuTUBx DxuvxBT or Cotton. OF 8PINNKB8, Ofversd on tskms to W. T. Hatch & ^•• Branch OmoES 1tsus 132 /?i?""J'it*''S,"' Chapel St., Neir Is Uavsn COTTON MERCHANTS, spioiAi, COTTON, ALL GRABBS, SUITABLK TO Benry P. HatcA Arthur M. Bateh Watler 1. Maick. Nath'l W. T. Hatch. Stillman, MERCHANTS, :,.„. 1886. 1, AKP statement of Reserve for unearned premiums Reserve for unpaid losses Netsurplus 2,390.985 97 287,827 a7 540,981 18 14,342,430 28 STEPHEN WM. R. CROWEI.!., President. CROWBLL. Vice-President. PHILANDER SHAW, Secretary. WM. CHARTERS, Assistant Secretary. FRANCIS BUBKE, P. Sec'y Local Dep't. 42. John C. Graham & Co., Cotton Cominigsion Merchants, No. 19 SOUTH WILLIAM STREET Newr York. BBLMA, ALA.; MONTGOMERY, ALA. Buyers of Cotton for a Commission Orders for Future Contracts executed in New Yori NEW YOBK. Orders ior Future Contracts Kxeoittbd New York anu B. F. BABCOCK&CO. & Co., COTION BKOKEB8, 134 PEAKL STREET, NBW^ YOR& WA1.UKOAI &. Receive consignments of Cotton and other Produce, and execute orders at the Exchanges in Liverpool. Represented in New Yorit at the ofllce of SAM'L D. BABCOCK 82 Nassau Street, New York. No. 97 Price, Ootton Brokers TAINTEK. CorXON MERCHANTS, PEARIi STREET. 8PKCLAL ATTKNTIOM TO COTTON FUTURES FELLU»ES, JOHNSON & TILESTON, COTTON, STOCRS, BONDS, dte., WILLLAM BTBBET, NEW YORK. its OiAws In * Fntnrei" wcMatad at N. Y. Ootton Bzoh, Insurance COMMISSION MERCHANTS, IT Water Street, LIVERPOOI., and Liverpool. Geo. Copeiand iETNA ts Liverpool. Reid & Co., & Commissioti Merchants NORFOLK, VA. Liberal adrances made on Cotton consignments, ijpeolal attention given to the sale of cotton tc dTTlve or In tranait for both foreUin and domeaUo maritt.te. CorreBpondence Company OF HARTFORD. $4,000,000 00 Capital for unpaid losses and re-insttranoe fund Liabilities Net Surplus A»ets Jan. 1, 1886 2,057,776 24 3,202,320 41 99,260,096 Cortlandt St., New York JAS. A, AI.EXA NPER. Agent. No. it Commercial Union aollclted. Dennis Perkins & Co., Assurance COTTON BBOKEB8, Street, New Yerk. limited, of london. laS Pemrl Orders for Spot Ootton and FatoresBpromptlT exeouted Co., Office, Cm-. Pine & WiUiamSU., New\Tark.