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HUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL.
SATURDAY, MAY
60.
NO.
17, 1890.
1,299.
&c. Speculation in share properties has been quite active
both here and at Boston.
Instituting comparison with the corresponding week a yeftr
Terms of Snbscription Payable in Adrance:
ago, we find that there is a gain at New York of 14 '6 per cent,
and that the total for all other cities records an excess of 19*1
For One Year clnoluding postage)
$10 20
For Stx Months
do.
6 10
per cent. There are no conspicuous losses, but many cities
European Subscription (including postage)
11 50
European Bubscription Six Months (including po3ta>ge)
6 75
exhibit heavy percentages of increase, Buffalo leading in thic
Annual Subscription in London (including postage)
£2 Ss.
respect with 133-9 per cent, followed by Dallas, 128; Tacoma,
Six Mos.
do.
do.
do.
£1 9s.
These prices Include the Investors' Supplement, of 150 pages. 108-1; Chattanooga, 99'8; Minneapolis, 80'7; Denver, 77-8;
Issued once in two months, and furnished without extra charge to Omaha, 66; Milwaukee, 56; Washington, 54'6, Sioaz City,
subscribers of the Cukonicle.
53'9; and Galveston, 46-2 per cent.
A tile coyer is furnished at 50 cents; postage on the same is 18
oonts. Volumes bound for subscribers at $1 00.
Subscriptions will be continued until definitely ordered stopped. The
Weik BnMng May 10.
Wuk End'g May 8.
©Ixrouxjclje.
JlJIxje
—
.
publishers cannot be rcsiionslble for remittances unless
or Post Office money orders.
Terms of
made by
drafts
AdTertisements ordered for less than one month, in the Cokmercial
are published at 25 cents per line each insertion. When orders are defluftely given for one month or longer, a lllidiscount is allowed, .iiid the net prieen may be obtained on apijUcafal
on at the office. The lowest rates on permanent cards definitely ordered for one year are 8 cents per line each Insertion, making $58 for
one inch space one year. Space is measured in agate type— 14 Uncs to
& Financial Chronicle,
the inch.
Edwards &
Drapers' Gardens, E. C, will take sub
aoriptlons and thdvertisements and supply single copies of the paper at
each.
Is.
Smith,
1
CWIIitlAM B. DANA & Co., PnblUbers,
10* Wnitam Street, NEW YORK.
p^^ OFFICE BoX 958
viitiAu n r>»K.
JOHN r FLOYD.
JQBH G. vtnvi^
i
J
table,
made up by
824,395,578
ahartt.)
(2.385,042)
bales.)
128^.2(10)
bushels.)
(19.2-.>l,y25)
t>bl».)
(2,620,000)
(Cotton
lOrain
(PUnlevm
109,077.304
4.912,700
2,07U.16<
1,447,544
Boston
New York
1.265.999
7S4.4S4
8te.802
1,021.899
700,754
874,815
+5-6
913,603
361.929
122.260,686
108,197,163
-i-is-o
126,071.380
+30-i
73,951,041
14.956.174
14.171,307
7,692.562
1,872,678
690,854
1,001,263
1,328,145
76.682.48'
l>.9e8,386
-3-8
+15-4
+22-6
+133-9
+54-«
-O-d
79,248.431
16.250.024
18.987,147
7.84e.0K8
1.972,227
+21-9
+24-0
+178-0
+86-8
880.278
+103
+2r»
9t;6,294
-»»-l
120,739,469
+88-a
88.237,497
12,243,060
8.929.964
6,087,050
4.975,833
S,67i,300
1,668,248
1,690,946
741.238
1,277,848
+20-8
+28-3
+79-8
f87-«
+52-4
New
I
Bedford..
Total
New
England..
Wilmington, Del..
Syracuse
$1,023,257,590
128,163,203
Chicago
St. Louis
Hew Orleans
Seven cities, 5 days
Other cities, 5 days
Total
All
all cities,
cities, 1
Total
The
S days..
day
all cities for
week.
.
$772,722,951
100,101,211
+3»-4
$1,151,420,793
249.080,860.
Philadelphia
Baltimore
+34-2
+33-7
-H2-1
$872,824,162
196,673,456
-1-31-8
$1,400,501,653
1.069,497,618
full details of clearings for the
-h35'4
-(•37-1
+30-3
+23
-I-28-0
-f26-6
+
30-9
week covered by the
S.288.9V9
1,211,617
696,310
907,35
+ir8
-(9-9
-)-8-6
107,221,271
-(-6-4
88,779,252
13.865,900
64.241.078
11,1B»,160
4.101.438
4,794,924
8.574.201
3.041.500
-I-38-2
-t-24-2
-)-56-0
6,400,W4
6,(>&0,28S
-I-26-2
1,221 ,650
1.231.465
1,151.882
1,232,631
-t«-7
+11-8
+22-8
+22-4
K'T
-}-3«-5
1,947.191
1.7-0,116
+27-6
+6-6
-8-6
—9-4
692,314
•i-22-0
127,127.874
95,333,941
-|-S8-»
128,086,126
+88-9
13,904,128
-M-0
-«-2
17,114.298
621.K00
761,421
1,770,115
985.476
1,498,117
+10-9
-29-5
+112-8
Seattle*
Salt Lake City*..
16,022,384
•U44,30a
771,488
2,098,209
1,139,288
1.733,005
Total Paoiao..
16,438,101
14,961,844
+9-»
18,886,914
+11-8
11,840,418
7,909,407
4,738,406
6,174.662
0.353,629
8,8(2.502
4,376,116
4,127,295
3,719.123
8,572,528
1,800.000
1,282,414
-1-88-9
+977
780.620
662 .S15
729.208
593,175
-H8-0
+68-9
-8-6
4VM17,
-7-6
10,976,160
8.351.454
4,897.103
6.491,061
6,837,339
2,072,537
1,368,910
817,975
973,179
744,888
603,178
388,071
30,831,199;
+43-3
42,019,870
-1^8-8
18,610.5131
+32-2
—1-4
+16-8
-4-1
22.947.801
10.632.6631
9.391.544
2.314,444
2,191.690
1,243,288
-MPS
4.560,046
8,243,400
1,779,708
1.603.548
844,814
1.4(19,«12
Total Middle Western
San Francisco....
I.,o0 Angeles .....
Tacoma
Portland*
Kansas
City..
Minneapolis..
St.
Paul
Omaha
Denver
Duluth
l,98»,0u5j
,
L6«9,U93i
891,775
b6a,038
703,789
639,529
396.901
St. Joseph...,
Wichita
Sioux City....
Des Moines..
Lincoln
above statement wUI be given next Saturday. We cannot, of Topeka.
44,192,387'
Total Other Western.
course, furnish them to-day, bank clearings being made up by
2».4fl6,374
the various clearing houses at noon on Saturday, and hence in 8t. Louis
8,615,4321
New Orleans..,
8,231,245
the above the last twenty-four hours of the week have to be Louisville......
8,lBS,00o
Memphis. ......
in all cases estimated, as we go to press Friday night. Below Richmond
2,266,936
1.127.805
Galveston
are our usual detailed figures for the previous week, that is Dallas
1,464,187
844,896
covermg the returns for the period ending with Saturday Fort Worth...
786,633
Norfolk
448,814
Lexington
noon May 10, with the comparative totals in 1889.
786.000
Chattanooga..
8,817,633
The exhibit is of a very satisfactory character, the. aggre- Nashville*
833,804
Birmingham*..
gate for all the clearing houses being about thirteen hundred
61,168,867
Total Southern..
millions of doUara, or only seventy -tliree millions less than
....: 1.299,617,882
ToUl all
the total for the week ending May 3, when exchanges were
475,282.274
Outside New Fork
i
considerably stimulated by the usual distribution of interest,
11A71,086
+94
114,031,869
Toledo"
$064,179,888
76,049,271
66,801,082
8,613,208
53,813,000
16,534,922
6,731,600
-0-9
+23-9
Portland
Lowel
Peoria
$743,917,460
101,684,725
83,670,294
13,019,3i9
73,801,000
20,247,796
6,886,986
Boston
+88-8
-1-8
+8/-8
+17-7
1.069,V!54
Indianapolis...
1889.
118.424.118
4,519.400
2,014,682
i,iM)a,3as
Griind Rapids.
1890.
+13-6
+4-9
1+28-31
(+72-4)
1+88-8)
1.0fti>,«80
Columbus
17.
(+281-M
Worcester
Washington
Week BnAino May
(2,240.089)
(493.900)
(S7,7«2,7a8)
(5,592.000)
SprlnRtteld
explained on this page in our issue of October 36 and previous Kochester*
numbers), indicates that the total bank clearings of all the
ToUl Middle..
clearing houses of the United States for the week ending to- Chicago
day, May 17, have been $1,400,501,653, against $1,299,617,852 Cincinnati
Milwaukee....
last week and $1,069,497,618 the corresponding week last year. Detroit
Cleveland
Cleabings.
Beturru by TtUgravh.
889,845,318
96.041.786
4,681,500
1,8«1,715
1,220,036
l,le8,394
l*rovidenco....
Buffalo
telegraph, etc. (as fully
-H14-6
(1.178,752) ;+i02-3;
(693,7001 I—SB-si
(17.896,950) ;-l-n6-oi
(10,176,0001 (-72-3)
719,624,347
o/—
iStocli*
Philadelphia
Pittsburg
Biilflmore
CLEARING HOUSE RETURNS.
The following
New York
.Sales
Hnrtford
New Haven....
Iiondon Aeenta:
Messrs.
P.Omt.
P. Cent.
Advertisiiig.
*
Not Included In
totals.
686.086
870,730
8.7(K1.!>J8,
7,0)»,615
2.25»t,e"44l
-fl08-l
+80-7
i-I6S
+66-0
+TTb
)-10-4
-I-29-8
-1-7-8
2,478.8121
-86
770.541
637.79S
786.8061
+128-0
1014,183
+ll'8i
+2<r0!
1,171,192
638,6Sl)j
389,124
368,400
+28-0
-H»-8
+48-2;
— 18-«
+11-0
-J-16-1
-f-»4-8
+16-1
-f41-*
+6.4
-H6-1
+28-0
-fl9-0
+74-4
-sn
— fS
+18-7
+23;s
734,099
442,153
+6-2
+68-9
+68-7
+90-8
-Ha-s
+14-8
818,000i
-fss-s
g,040,8«
876,259
48,698,949
+20-1
1,118.766.704
+16-2
700,651
899.142.357
+19-1
482,915,333
82,801,621!
+2-88
THE CHRONICLE.
678
THE FINANCIAL SITUATION.
the influence of a quickened inquiry in the
in
loan market induced by the more active speculation
Exchange, added to small
progress at the Stock
Under
withdrawals of currency in
the rates for money
exoees of its
been higher this week. Belief at this period
have
interior
of the year ought to come from the
movement setting more strongly towards New York; but
further
Government
disbursements,
the truth is that the East and Middle sections have
gain
l)een drawing on this centre so largely that our net
weeks back. Add to
in that way has been small for
these facts the narrow surplus on which bank reserves
lave been working and we have abundant reason for a
It looks now, too, as
sensitive and quickened market.
must work closely until the Treasury finds some
if money
way of disbursing its
The majority of our
past and current accumulations.
Clearing House institutions are
[Vou
U
Our foreign exchange market has been dull and
heavy all the week. Un.til Wednesday the nominal figures were unchanged, all the drawers posting 4*85 for
sixty days and 4 "87 for sight, but on that day the market
felt the effect of renewed purchases of stocks for Ettropean account, and also the higher rates for money here,
so that the tone closed weak, and on Thursday some of
the leading drawers reduced their rates to 4*84J for
long and 4-86^ for short. Yesterday these figures were
also posted by other drawers. There have been within a
few days some round amounts of bills offered against
drawings to pay for industrial undertakings, and it is
possible that some more of these bills may be drawn,
but it is not thought that the additional amount will
be large. The supply of bills principally influencing
the market now are drawn against purchases of stock
for
European account.
The
situation of our export trade, as reflected in the
figures for the
under the 25 per cent limit of reserve to liabilities, last the Bureau of
Saturday's statement showing that four of the larger insti- At that season
month
of April published this
week by
remains very encouraging.
of the year the cotton shipments are a
tutions held $3,319,100 surplus, while all the institu- very much less important factor than in the fall months,
The higher rates and the present year the movement was exceptionally
tions reported only $1,486,975.
however, to increase small, there being a decrease as compared with April
•for money now current are likely,
Statistics,
the flow of currency from the interior, and that may 1889 of 5i million dolkrs. It is, therefore, especially
help to improve the situation somewhat the coming gratifying to find that the exports of breadstuff s and
provisions continue so far in excess of last year, that the
'-week.
Money on call, as represented by bankers' balances, total merchandise shipments still show a balance in
As usual when such favor of the present year, notwithstanding the smaller
lias loaned at 15 and 3 per cent.
;
wide variations in rates prevail, very little has been cotton movement. Here is a statement in our usual
jlaced at either extreme, and the average for the week form, covering breadstuffs, provisions, cotton and
has been about 5 per cent, at which renewals have been petroleum.
made. Banks and trust companies loaned at 5 per cent
BZPOBTS OF BBBADSTUFFS. PROVISIONS, COITON AND PETBOLECM.
as the minimum until Thursday, when the majority
1887-88.
1889-90.
1888-89.
Bxvortt
marked their loans up to 6 per cent. Time contracts
from V. S.
IIO Months.
.4pril.
10 UoTltlu.
April.
10 MonOis.
Avril.
are in good request, and the supply of money offering
Quantities^.
Kates are higher than last week, four Wbeat.bash. 4,538,130 46,462,327 2,902,089 39,499,016 8,182,380 «0,S89.237
is not abundant.
to five months' engagements on first-class collateral
being now quoted at 5 per cent, while six to seven
months' are 6 per cent; on good mixed security the rate
is six
all dates,
Wheat,
.bn.
10,142,779
648,385
7,642,837
92,094,832
8,810,731
78,891,781
8,3/9,462
65,290,898
7,628,237 108,116,076
1,470,310 20,034,706
14,190,193 128,882,877
8,998,577 128,160,782
Com...buBh. 13,788,457 83,007,114
Tot. bueb..
while on less desirable prop.
Valxus.
for six, seven and Wb't A flour
23,630,985 175,101,948
t
«
t
I
72,479,996
85,995,329
5,689,679
Gom& meal.
6,810,617
169,492
610,033
35,398,837
845,657
8,821,938
8,481
27473,456
eight months, the rate being regulated by the charac- Bye
Oats & meal.
ter of the collateral. For commercial paper the demand Barler
Br'dstuffs.
is lighter, and the city banks are entirely out of the
3,199,750
721,160
28,792
0,113
427,198
6@8
.market.
per cent
The
..sixty to ninety
cent for four
good
single
is
rates are
demanded
firmer at
day endorsed
month
bills
5@5i per
receivable,
acceptances, and
names having from four
C@7
cent for
5|@6
per
per cent for
to six
months
to
run.
There has been but very little change in the London
money market, though the tendency has been towards
better rates; the cable reports to-day sixty to ninety
day bank bills at 2@2| per cent. The open market rate
at Paris is 2i@2|- per cent, at Berlin it is 2| per cent
and at Frankfort 2| per cent. The higher rate at Paris
is probably owing to the troubles of the Credit Foncier,
which had a disturbing influence, temporarily unsettling
confidence and increasing the discount business at the
59,282
81,833
820,854
16,634,148 126,160,623
9,687,88e| 101,882,833
Provisions *Cotton
Petrol'm.&c.
12,702,302 130,286,703
10,811,080[ 94,182,288
10,625,438 211,316,242
15,>570,910 221,802,304
Tot. value.
42.C08.U9 539,810.793
3,716,263
* Including cattle
The
10,183,742
986.306
1.158,633
9.742,628
9,084,712
Gerties
.
per cent for
Flour... bbla.
42,017,325
and bogs
In all
3,841,490
41,170,428
'
t
*
7,046,812
98,102,469
950,600
3,109
19,876
13,463
U.393,966
29,194
231,928
a70i«79
8,032,559 110,028,886
8,173,08'
81,895,221
13,358,049 201,012,897
3,219,412 38,968,982
39,694.366 468,217,8311 32,813,1071434.725.636
months and
years.
total exports of these staples reached
42f million
in April, 1890, against 39f million dollars in
April, 1889, being an increase of 3 million dollars. The
full measure, however, of the progress we have made in
dollars
this particular
when we go back a year
which year the April exports of the
appears only
further, to 1888, in
but $32,813,107. In other
nearly ten million dollarc, or
about one-third, larger than in the corresponding mouth
two years ago. The breadstuffs exports stand at 15^
and
Bank of France. The Bank of England reports a loss million dollars, against 9^ million dollars last year
while the provisions
But from a spe. only 8 millions the year before,
of £54:. 000 bullion during the week.
against 10^ millions
cial cable to us it seems that there has been a large im. exports amount to 12f millions,
There could be no better
respectively.
port with a small export, and that the loss reported and 8i millions
way in which successive good
is wholly due to a free movement to the interior; the evidence than this of the
tend to add to our exports of various products.
figures sent us show an import of £278,000 principally crops
For this reason information bearing on the current
from Portugal and Brazil, an export of £60,000 in
shipments to season's prospects for agriculture has much interest.
part to Portugal and part to India, and
and
the interior of Great Britain of £272,000. The Bank As yet little can be said of any crop but wheat,
the
of Germany since last report gained £350,000 gold..
there only as regards one main division, namely
same
staples were valued at
words, the total
now
is
May
THE CHRONICLE.
it, 1800.J
The outlook in that particular is
favorable than a year ago, but it is possible that
much less
this will be offset by better results in the spring-wheat
•winter-Bown areas.
where in some instances much-needed rains
have latterly fallen. At any rate, until more definite
knowledge as respects that portion of the crop can be
obtained, it will be unwise to lay undue stress on the
probable diminished yield of winter wheat. Besides,
later developments may improve even the prospects of
In certain sections of the winter-wheat
the latter.
area where the weather was good there was quite an
improvement during April, but other districts
continued unfavorable weather conditions,
under
the preexperienced a further impairment Of
The Agricultural Department at
vious outlook.
Washington reports the general average on May 1 as
districts,
679
In addition, 96 miles are found in
with 135 miles.
Virginia, and smaller amounts in other Southern States.
if we include Arkansas and Texas, no lesB
than 725 out of the 1,084 miles for the whole country
are found in the Southern section.
The writer in the
Age thinks that the total new mileage for the current
year will not fall far short of 6,000 miles, as against about
Considering that on
5,200 miles constructed in 1889.
the existing large mileage such an addition furnishes
quite a moderate ratio of increase, and considering
Altogether,
the present outlook, the estimate does not seem
also
excessive.
The
rate situation in the
West has continued unsatis-
the
managers are determined to live up to their agreement of last week to stop all irregularities from next
one point lower than on April 1. The following fur- Monday on, without however any advance in existing
tariffs, but in the case of the passenger troubles absonishes a comparison for the leading producing States.
During the week the
lute chaos seems now to prevail.
CONDITION OF WINTICK WHEAT.
fare between Kansas City and St. Louis was reduced to
1889.
1888.
1890.
the absurd figure of 50 cents a passenger, and between
AprU. Mat. Apra. May. Junt. AvrU. May. Jun4.
Chicago and St. Paul, Chicago and Omaha, Cui88
66
56
82
88
80
68
87
OWO"
and Kansas City, and between the latter
cago
«S
78
M 86 80 75 69 60
M V! 88 82 7* 67 62 point and St. Paul, there have also been further
75
lUlDOlt
86
83
80
82
gs
86
72
83
iflisourl
reductions, cutting fares down to very low figures.
88
»2
88
87
8t
05
87
86
ICsosaB
Michigan
73
67
71
92
88
M>
80
California
Oregon
New York
71
»5
»1
tM
82
08
85
07
81
80
ATer. whole coimirT
90
»l
08
T6XU
88
83
S8
85
83
97
M
80
86
89
86
85
89
88
97
88
931
82
80
88
86
86
99
88
87
ae
82
M
98
M
76
88
78
9t
80
86
87
82
81
88
81
76
87
92
90
90
90
82
78
63
78
89
81
98
to fix the responsibility for thi»
but it does seem that if the managers
state of things,
went at the matter in a proper spirit, some agreement
Muto avoid these costly conflicts should be possible.
It
is
tual
85
It appears that as regards freight matters
factory.
difiicult
concessions are absolutely necessary, and
the basis of any settlement.
It
is
must be
the duty of every
73
manager to seek to further the interests of the road
than on with which he is identified, and yet it must be rememMay 1 a year ago, but 7 points higher than at the same bered that in the railway world, no more than anydate two years ago. Kansas, Michigan, California, where else, it is not always possible to have your own
Oregon, New York and Tennessee all show a materially way. On the Stock Exchange the disposition is to
better condition than a month since.
The average for ignore these squabbles altogether, but those who have
Kansas is now reported at 92, which is important, as it large investments in Western properties can hardly be
is known that that State has materially increased its blamed for not looking at the matter with the same dewheat area as compared with last year. Oregon reports gree of equanimity.
an average of 95, and Missouri, California and Ohio
The St. Louis & San Francisco annual report has
each 82. It is in Indiana and Illinois (quite large pro- been issued this week, and it is of especial interest in
ducing States) that the condition is very low 63 in the connection with the announcement which has been
former and 64 in the latter and in addition some of made that the managers propose to ask for authority to
the land in those States has had to be ploughed up.
This issue
increase the capital stock of the company.
At
80
the
average
is
16
points
less
—
—
Signs multiply of a little greater activity in new rail- of stock, however, will be merely formal, and is made
road construction the present year. Several of the to comply with the Missouri law, which requires that
larger companies in the West which stopped building the bonded indebtedness of a company shall not
entirely last year are
getting ready for work on some
There seems no
exceed the total of
its
As
capital.
the
company
has-
debt under the existing
hood just at present of reckless action in that regard. capital, to issue more bonds it will be necessary to
Of
course
the
increased
speculation
on
the enlarge the stock for that purpose, and this is what
Stock Exchange and tlie higher prices for all classes of the managers are noy undertaking.
The new
short extensions of their lines.
likeli-
reached the
new ventures, but on stock
the other hand the chaotic condition of rate matters in sury,
the AVest hardly encourages a belief that extensive held.
securities there, are favorable to
of
be
kept
same
will
the
limit
as
the
in
the
the
company's
$3,640,700
at
trea-
present
In the amount of stock actually outstanding,
support can be found for any but well-chosen and the St. Louis & San Francisco occupies an exceptionmeritorious undertakings in that section.
Besides, ally strong position, and this will not bo changed under
Western managers have not yet entirely forgotten the the new arrangement. The system has been greatly
lessons taught by the late era of overbuilding.
The enlarged and extended in recent years, necessitating of
Railway Age of Chicago has inade up a statement
of the new track laid in the United States during the
first four months of the year to May 1, and finds that
1,084 miles of road were built in this period.
It is significant however that very little of the new mileasje is
found in the West, the bulk of it being in the Southern
States.
There are only two States which show over 100
miles of road built each, and both are in the South,
namely Georgia with 170 miles and North Carolina
course decided additions to the debt of the company,
but the stock outstanding has been but very slightly
it now averages only
$19,834 per mile of common, preferred and first preferred combined, while in 1879 the amount was $72,669
per mile. The company was obliged to pass the dividend on the preferred shares towards the close of the
increased, with the result that
late
first
year
and
preferred
to
reduce
shares,
but
the
dividend
$547,500 was
on
the
actually
THE CHRONIGLK
680
paid in
dividends and
counts.
The
had
years
drawn
be
to
The
f 376,967.
the ^f ear's ac. ernment, pays for a senatorial telegram as readily as a
surplus of other gold dollar, knowing full well that if the same stamp,
of under the same authority, was on a piece of leather
to the
extent
charged
was that
result
[Vol. L.
t
to
the
on
worth a penny, the same payment could be as readily
made.
We cannot think that such trifling in connection
with so serious a subject is worthy of the occasion.
Certainly the suggestion has no relevancy in current
discussion.
Furthermore, that portion of the Senator's
speech fully half of it which dwells upon bimetallism
and the demonetization of silver seems also wholly out
carry it at diminishing rates of place.
Those facts and statements have nothing
rise in the average in 1889), whatever to do with the question now before
the
surplus on the 1889 operations is *270,-
on the 4^ million dollars
of 1st preferred stock, and this surplus remains
after contributing $146,730 to sinking funds and spending $30,462 for new improvements. Net earnings were
better than in the previous year, but materially less
than in 1887. The traiBc keeps steadily growing, and
the company, how.
for 1889 was the largest on record
533j or just about 6 per cent
—
—
;
ever, has been obliged to
(there was only a trifling
and the expense has
also increased.
rising
steadily
scale,
By
country.
Speculation on the Stock Exchange continues on a
with the tendency
prices
of
who
far
the
portion
larger
of
those
are averse to the
existing
increased use of silver under
circumstances, are
earnest advocates of
strongly upward and the tone confident to a degree not
the joint use of the two metals as currency.
ConservaThere has been tive people would to-day withdraw all opposition to any
considerable realizing to secure profits during the last proposal looking towards remonetization if it contained
two days, causing at times a little halt in the specula- a provision making its operation here dependent upon
tion, but there has been no change in feeling and trans- the joint action of the other commercial nations
actions remain on a very heavy scale.
While Gas and of the world. Furthermore, they would most heartily
Xrust securities have absorbed a large share of atten- unite in the present movement on the part of the
tion, the general list of properties has been hardly less United States alone if Mr. Jones or any of his followprominent, and evidently outsiders are sending in a ers would show that the course they propose to pursue
good many orders. The Western rate situation grows would aid in attaining instead of endangering worldno better, but, as said above, the disposition is to ignore wide bimetallism. When, then, the body of our people
witnessed in
many
previous years.
this factor, especially as railroad earnings continue to
are agreed that the joint position held during generations
show heavy gains
past of the two metals
and the general
is the better, and that anything
which tends to reproduce the former condition is desirThe following gives the week's movements of money to able, what possible pertinency at this late day can facts
and from the interior by the New York banks.
possess which simply disclose what has been, and tell us
how wicked it was to disturb that relation. Indeed
Received by Shipped iy
Net Interim
Week Mniimi May 16, 1890.
N.Y. Banks. N. Y. Banks
that ground has been plowed over so many times that
Movement.
Currency...—^
$3,057,000 $1,801,000 Gain. $1,466,000 its repetition has becoine a weariness to commercial
trade
situation
appears to be satisfactory.
Gold
,
classes.
Total gold and legal
tf ndera
$3,057,000
With the Sub-Treasury
Week Ending May
16,
operations, the result
Out of
Banks.
Into
1889.
Banks.
33Sp
$1,601,000 Gain. $1,466,000
is
Holdings.
Banks Interior Movement, as above $3,057,000 $l,eol,000|Galn. $1,158,000
Bnb-Treasnry operations
11,000,000
Total gold and legal tendera
11,300,000, Loss.
300,000
!$14, 057,000 $12,901, OOOlGain.
$1,158,000
Bullion holdings of European banks.
May 15,
Banks
May 16,
1890.
1889.
of
OoU.
Silver.
S
Total.
£
Bngland
France
Germany
42,483,000
5,510,00o' 16,307,000
Netherlands...
4,717,000l 6,788,000
Nat. Belglnm
2,826,000
Aust.-Hung'y.
Silver.
lotal.
£
£
£
22,840,075
22,810,075
.5l,T05,0O0| 60,663,000 102,368,000
40,883,000,49,746,000
28,322,000 14,161,000
90,828,000
47,870,000
21,817,000
31,788,000 16.898,000
6,430,000 15,849,000
10,505,000
6,660,000
11,987.000
4,237,000
1,394,000
4,182,000
22,048,464
22,048,454
1,412,000
Tot. this week 115,127.454 88,331.000 203,468,464
Tot. prey. w'k.'ll4,691.877;88,116,333 202,708,210
21,079,000
89,342,000 198,396,076
88,840.333 196,231.700
THE SPEECH OF SENATOR JONES.
Senator Jones opened the debate on silver in the
Senate this week by delivering his expected speech.
As probably no one is better equipped than he for presenting with force and ingenuity the arguments in
favor of additional silver coinage,
we have read
presentation of the case with great care.
to say that
to
we cannot
end which
find a statement
relieves in the least the
every conservative
man
We
his
are sorry
further use of the white metal in our currency.
is
of
a
Indeed,
another considerable portion of Senawhich does not belong to a clear pre-
sentation of his side of the question.
he says respecting the need there
We refer
is,
to
what
or the need he
more currency.
Suppose we admit
then ? We
showed two weeks since that silver was now only disjDlacing bank notes, a currency every one in the country was satisfied with.
We all know that these bank
notes could in six months' time be brought into existence again, if Congress would only provide the required
thinks there
all
is,
for
that he asserts on that point
— what
machinery. They did not cost the Government a penny
and they need not now; they even furnished revenue to
the Government for years, and they could do that again
Whereas, to have a silver
if it was thought advisable.
currency the Treasurer has to buy and coin the silver
first.
Then, as very few people will take those
dollars,
the same officer has to build safes to
keep the silver in, and after that he must buy
paper and printing presses to make a substitute
to circulate.
And when that substitute is made, it is
not nearly as good as a bank dollar, for the bank dollar has back of it all the bank's assets, and perhaps a
bond as a special security whereas the silver certificate
has only the bullion value of the silver dollar back of it.
Why, then, asks the Senator, will it buy as much at
;
from beginning
of danger home
sense
feels over the prospect
there
tor Jones' speech
Net Ghinge in
Bank
Then
:
as the gold dollar?
the silver dollar
is
We
reply, solely because (1)
tied to the gold dollar
by the
fiat
of
the Government so long as the two are interchangeable,
and because (2) that interchangeability and fiat are
what he says increases the disturbed feeling, for
the Senator treads on the very edge of a silver basis, and supported on a gold basis by a gold reserve in the Treaseven jokes over the situation, because, forsooth, a 72-cent ury which thus ties the silver dollar to the world's
silver dollar,
stamped with " legal tender " by the Gov-
dollar.
May
17,
THE
1890.]
T4hs brings us to the point which
cmt<
really the oiily point
the transaction. would be
profitiible.
But must not that
be a kind of operation which has a limit. Besides, there
how long under the proposed are other facts affecting the question of continulegislation, and that is
which
offer
legislation can this double tie be kept unbroken? Herein ance
a
useful
field
to
irork in
lies the source of anxiety felt by every conservative man in for investigators among
those belonging to
the
is
of any considerable interest with reference to
new
silver
—
party;
we refer to facts with regard
It does not relieve that anxiety in the least silver
dogmatically that there is no such danger. to production and stocks, present and in prospect, which
The fiat of the Government will of course stand, but people interested in mines ought to be familiar with. 3o
if the other thread snaps all values are thrown into far as the known facts on these points go, the case is certhe country.
to be
told
when the Treasury gold tainly against the assertion. Then, too, it cannot be forbound the fiat to gold is gotten that much the same statement now made was
broken, and we are on a silver basis. Senator Jones, made in 1877-8, when the original coinage bill was up
addressing himself to this difficulty, and removing it for discussion.
At that time it was proclaimed with
confusion.
reserve
That
fails,
is
to say,
the cord
that
as he seems to think, says, "fears have been expressed
purchase of $2,000,000
worth of bullion a month would be sure to put up price
"ing to silver its full monetary power. Such would and bring back bimetallism. But instead of advancing
/'not be the case. For every gold dollar that left there the price, the decline even was not arrested. The
"would be a silver dollar in circulation. If, however, average price of silver in 1878 was 53|d. per ounce it
"gold was to be kept here only on condition that equal- has never averaged so high since, while in 1889 it
" ity and justice should be destroyed, who doubted that averaged 43 3-16d. per ounce.
"it should go."
Of course, the failure of one's expectations in 1878 is
How little comprehension of the real danger this not proof of.inaccuracy of judgment now. At the same
remark seems to indicate. We are told substantially time it is only fair to say that a previous miscalculation
that in the Senator's opinion gold will remain, but that on this same point cannot fail, and ought not to fail, to
it is a matter
of indifference whether it does or weaken confidence in a second unsupported similar
not, because for every gold dollar we lose there will be assertion.
Hence the cry is for facts which shall aid in
a new silver dollar to take its place. Can such state- sustaining the present forecast.
What substantial
ments be interpreted otherwise than expressive of a reason is there then for believing that Silver bullion
feeling that a silver basis for our currency raises no after advancing to 129 will remain there? We do not
fears with the silver party ?
We are unwilling to see thiit Senator Jones presents any. On the other hand,
believe that the Senator is so far unaware of the and against his position, are the recent figures of producconsequences of a tumble from gold to silver as to desire tion made public. Then there is the growing production
to put the country through that experience.
And yet since 1878, under much lower prices. Take a glance at
these expressions, and some others the speech contains, the following summary for the United States alone. The
cover ideas that are marvelously crude except when details by years will be found in Director Leech's reexplained as foreshadowing that an exclusive silver port sent to Congress Dec. 1, 1889, on page 44.
United States Silver ProductUm.——^
currency is the end sought. This we assume is the Three-year
Total three years.
Average per ytar.
Periods.
reason why Mr. Jones in another connection remarks 1878-80
96,830,000 ounces
32,276,667 ounces
that " Senators talk about the bullion value of a dollar 1881 83
105,190,000 ounces
35,063,333 ounces
" as if that had anything to do with the question. It 1884-86
117,150,000 ounces
39,050,000 ounces
" has nothing to do with it." If the value of the bullion 1887-89
137,040,000 ounces
45,680,000 ounces
The foregoing statement leaves the inference less
really has nothing to do with " the question", why not
use less bullion ? Why use any bullion ? Why give favorable to Senator Jones than the figures we gave a
up so much space to the discussion of bimetallism and week ago. Here we find that the average increased
a restoration of the old ratio between gold bullion and production for the last three years in excess of the
silver bullion?
Why not admit at once, and not in previous three years was more than 6| million ounces
But we have been over this part of the
this roundabout way
for these assertions must cer- pier year.
tainly mean it
why not admit that a single standard subject so recently that we leave it here, and we must
is what those who advocate free coinage, or insist on the leave also much more that might be said which would
Senate bill, are seeking? That would at least be unam- tend further to show the risks attending the policy
biguous and intelligible. Besides, as for us, if the advocated. Is it possible that the Senate of the United
choice lies between the Senate bill and free coinage, we States has made up its mind that the country must
prefer the latter; for free coinage would act on the experiment among these dangers?
equal positiveness that the
"lest gold should leave the country by reason of restor-
;
—
—
public like the wine-glass of poison which nauseates in
place of the spoonful which
But the Senator,
kills.
what he says about the
unimportance of the bullion value, seems to attach a cerin
spite of
that condition of the problem, for
tain significance
to
he asserts in
another place, that
"age
still
if
of silver" were established in the
the "free coin-
United States,
he believed "'that in three days the silver not used for
" coinage would be worth %\ 39 per ounce, and that
"there it would remain." This assumption is obviously based on the
SAVINGS BANK INVESTMENTS AND THE
DEFEATED RHODES
BILL.
The Rhodes bill, to permit the savings banks of New
York State to purchase the bonds of cities situated
outside
the
Even
amended
as
State,
failed
to
pass
the
so as to exclude all cities
Assembly.
whose debts
exceed 7 per cent of their assessed valuation,
came short
of securing the requifite
number
it
still
of votes,
idea that the world's silver would 43 being for it and 54 against it.
come here for coinage to such an extent as to block the
The result, though to be regretted, is not a surprise.
London market. That this condition would "remain" The opposition, it waa known, would be resolute. The
is a mere declaration without a fact to support it.
No chief hindrance the bill met came from the city
doubt so long as the holders of new coined dollars and town authorities, some of which, it is said, incould convert them into gold and export the gold structed their representatives to oppose the proposed
THE CHEONICLE.
682
it promised to interfere with their borrowing at the abnormally low rates of interest which
they now enjoy. Doubtless, also, the remembrance of
the disasters that befell the banking institutions prior
to the enactment of the present rigid law was the
cause of an aversion on the part of others to the con-
measure, since
[Vou
L.
funded debt of $13,607,000 (of which 13,955,000 is for
water works) and sinking funds of $364,000. While
the city's net debt
is
therefore $13,243,000,
its
assessed
valuation put at between i and i real value is only
1168,136,000, and the 7 per cent debt limit is there-
The
suggest morewhich provides
templated innovation.
But although these elements prevented the passage that the "total indebtedness" of no city embraced by the
of the bill, we doubt if they could have done so had act shall, after deducting the sinking funds available for
the public been rightly informed on the merits of the the payment of the debt, exceed 7 per cent of the city's
Apparently, from these words,
The predicament in which the banks are placed assessed valuation.
case.
we attempted to show in our issue of April 16. Having floating as well as funded debt was to be taken into acdeposits amounting in the aggregate to about 540 count. But of what does floating debt consist, and how
they are required by law is the amount of it to be ascertained? And again,
dollars,
of
jnillions
to invest over one-third of them otherwise than should the total debt be held to include water debt,
The which is no burden on the taxpayers? And must the
on real estate.
in bonds and mortgages
Becurities available for this purpose under the law bonds of a city fortunate enough to own its water works,
are, with the payment of the Government debt, or of one that is assessed far below its real value, be
last becoming reduced to a few State bonds and the disallowed, while the bonds of other cities not so sound
municipal securities issued under the laws of the State financially are recognized by the law? The term sinkof New York a manifestly inadequate selection. The ing fund assets also is indefinite, many authorities, it
result is a constant decline in the yield which the banks will be found, being disposed to let it cover all sorts of
obtain from investments, less than 3 per cent being now quick assets, bills receivable, etc., though not approfore exceeded.
figures just cited
over other defects in the Rhodes'
bill,
—
Further, the bill
deposits cannot be retained unless the priated to the payment of^the debt.
paid a fair rate of interest, and as such does not prescribe whether in the reckoning of net
a rate is impossible with their investments netting so debt the par value or the market value of these assets
much less than other investments of the same grade should be taken.
the rule.
depositor
As
is
generally dO) the situation ©f the banks appears critical.
In Connecticut in 1889 the banks paid from 4 to
5 per cent on deposits.
In
New York
in 1888 (returns
Any one who has made the endeavor, as we did a
month since, to discover what cities would fall within
the amendment, will acknowledge the difficulties in-
Given all the necessary data as
volved in the attempt.
paid by the banks was about 3^ per cent. The conclu- of January 1, and there is no telling but that further
sion is plain if our savings banks are hindered from issues of bonds have since been sold and the limit set
treating their depositors as liberally as other similar in- by the law exceeded. Legal purchases at one time may
for 1889 not having been received) the average rate
—
The loss within a brief period become unlawful. On this account,
The loss to if a bill after the model of the Rhodes bill is next year
stitutions do, their deposits will fall away.
this occasions the
depositors
is
banks
much more
.»ges a practice
courage.
which
it
is
the lesser
to
is
evil.
be regretted, for it discour- to be introduced, we think that in the first place the
a public advantage to en- expressions used in it should be defined with greater
precision ; secondly, that secured debt (such as that
It was because of the urgency of the case, and not
because we thought Mr. Rhodes' bill the best that could
be framed, that we advocated its passage. It made but
a moderate increase in the number of bonds which are
legal investments for the banks, and embraced only the
securities of cities having good credit.
There was
scarcely a chance that any loss would be sustained
through the purchase of the bonds to which it would
incurred for water works or for street improvements,
and
so payable
by assessment) should be deducted in
calculating the debt; and, thirdly, that the
Bank Super-
intendent should be empowered and directed yearly,
about January 1, to determine what city bonds are to
be a legal investment for that year, and to publish a
Should
list of the cities for the benefit of the banks.
a change in this list be thought wise in the course
apply.
Far greater freedom exists to the savings of the year, the banks might be notified of it. This
banks of other States under similar provisions of law. At would save great confusion and annoyance to savings
the same time, now that action must be deferred for bank managers.
another year, we confess that we disliked even the slight
But a better method still would be, we think, to have
element of chance which the bill sanctioned. A city the law contain a list of twenty or twenty-five leading
might be located in one of the States named, be pos- cities possessing the highest credit, with the direction
sessed of the required population, aiid have a debt that their securities be placed on an equality with the
within the stated limits, and yet for some reason its municipal securities of New York State as regards savbonds b3 undesirable for our banks to hold. The pos- ings bank investments. To demonstrate the wisdom
sibility of this was virtually admitted by the authors of of t!;e choice of names let the list when brought before
the bill, for why otherwise did they forbid the buying the Legislature be accompanied by a compilation setting
of more than a given percentage of each city's bonds forth for each city its population, its total funded debt
and the investing of more than 25 per cent of the de- (its water debt, if any, being given separately), its floatposits of a bank in the bonds of all the cities included ing debt, if this can be ascertained, its sinking fund
by the measure ? There exist in the original law no assets, its assessed valuation (and the relation of the
similar provisions restricting the purchase of municipal same to the true value), and finally the yield to the inbonds of New York»State.
Such a compilation should be
vestor from its bonds.
Indeed, in their anxiety to render the bill entirely
supplied it so bountifully with safeguards that its usefulness would have been much cursafe, its friends
For instance, the law
cago, whose credit is of the
tailed.
as
amended shut out Chi-
best, that city
He must be a crazy man
the only argument needed.
that the bond of a baby town in this
who would claim
investment
than
the
obligations
of Boston, Philadelphia, Chicago, Detroit
and many
State
having a more
is
a
cities
safer
one could name. If a few changes and addi-
THE CHRONICLR
•ilAT 17, 1890.]
«8B
which was printed in year than was the case in the previona month. Here is
four years.
our former article would make a good basis for the list a comparison [of the March aggregates for
In reference to the exceptionally heavy augmentation in
suggested.
To this proposal some one may object that it would 1887, it should be said that the totals in March of that
'provide inadequately for the investment of the ever- year were swelled by the going into effect of the Interwhereas, State Commerce law the next month, it being feared
banks,
the
of
deposits
increasing
addi- that the effect of that law would be to raise rates, so
of
the bonds
Ehodes bill,
the
under
tions be
tional
made the
cities
cities
table of
would
from
time
time
to
be
attaining the rank of lawful investments. This may
be true, but at the outset the bonds of a greater number of cities would under our plan be available, and it
that shippers hurried freight forward to get advantage
The loss in 1888 followed of
of the old conditions.
course from the extremely unfavorable state of thinga
prevailing at that time.
would probably not be unfeasible to induce the Legislature to add now and then to the list additional cities
Later, when
that are notable for good management.
experience has proved the safety of investments in
these city bonds, it will be time enough to seek the
adoption of measures nearer like those now in force in
some
of the
New
England
Orou
Varck.
naming
iPTet
£am<n^.
Ttar
Increateor
rear
Year
Increau or
Pruei't.
Year
Dttrnu.
Qivtn,
Pnced't.
Deertatt.
t
*
t
I
1887 (68 roads)..
1888(69 roads)..
1880 (97 roads).
1890 (I2t roads),
+
5,727,782 12,176.647 8,967,232 +8.109,415
82,692.688 26,8e4,87«
34,500,318 36,654,279 -2,063,961 10,303,802 13.696,137 -8,Sei,38S
40,.-5:!4,323 + 2,177,638 13, 185,271 11,307 ,396|
1.87737«
42,511,901
50.022,508^41,965,561
5,037,037 15,510,037 14,238.2191 + 1,271,818
+
i
+
1
we examine a little more closely into the results
March of the present year, the showing is somewhat
Thus for
less favorable than appears on its face.
States.
If
for
CURRENT NET EARNINGS.
while
instance
United States railroads continue to
-reflect a moderate degree of improvement over the cor-lesponding period last year. According to the statements we present this week, there is an increase of
$1,271,818, or 8'93 per cent, for the month of March,
on 134 roads, and of 15,589,832 for the first tliree
months of the year on 149 roads. In both cases the
statements embrace an unusually large representation
of roads, though the statement for the three months is
more complete than the other, since it includes companies which make quarterly but not monthly returns.
Net earnings
of
the
total
increase
amounts
to
the Atchison alone has an increase of
$518,258, while the Burlington & Quincy also has a
very large gain, namely $402,812. Taking these two
roads out, the gain for the remaining 122 roads amounts
$1,271,818,
to only about $350,000.
It is evident,
however, that
this has not resulted from an unfavorable state of railroad business, for the increase in gross receipts is large
and noteworthy, amounting
As
to over five million dol-
months, expenses
have been very decidedly augmented. In part that
augmentation follows from the damage by storms and
"We furnish here a summary in our usual form, but overflows as mentioned above, but in part also it reflects
would again call attention to the full detailed state- the disposition of railroad managers to be liberal in tho
ment which we now publish in our regular earnings making of repairs and renewals now that gross receipts
department in the week in which we make our monthly warrant such a course.
lars
($5,037,037).
in previous
That statement gives the figures of all roads
The exhibits as to two classes of roads have special
monthly returns of net, and to it interest. We refer to the Northwestern group and tho
the reader should refer if the result for any particular group of coal companies. As to the former, the desire
review.
which
road
is
will furnish
desired.
is
Januarv 1
March.
1890.
1889.
Incrwsc.
»
Gross eanx's 50,022.698 44,985,661
Oper. exp... 34.512,561 30,747,342
Net eam's
to
March
31.
(149 roods.)
(121 roods.)
15,510,0371 U,238,219
1890.
$
from 15
1889.
IncreoH.
$
$
6,037,037 166,628,417 151,706,160 14,022,267
3,765,219 117,510,511 108,178,086 9,332,425
1,271,818
49,117,906
43,528,074
5,589,882
Along with a number of favoring elements there have
been some of the ojoposite nature, and under the circumstances the exhibit made is quite satisfactory. In
March especially a high ratio of gain could scarcely
have been looked for, since over important sections of
the country storms, cyclones, tornadoes, and overflows
'
to see the effect of the demoralization of railroad
affairs in
that section of the country. We have returns
and the aggregate increase is
lines or systems,
$433,761, or 21i per cent. But the Burlington &
alone, we have seen, increased its net $40,3,812.
Quincy
As
for
the rest, the St. Paul &, Duluth, the Minneapolis & St.
Louis, the Iowa Central, tho Dubuque & Sioux City,
Bay Winona & St. Paul, tho Keokuk &
Western, the Wisconsin Central, the Burlington &
Western and tho Burlington & Northwestern all show^
improved net results, the gain by the first three especiOn the other hand,
ally being large and noteworthy.
the Green
the Minneapolis St. Paul & Sault Ste. Marie, or "Soo"
and road, has suffered quite a decided loss in net, and tho
greatly increased expenses.
It will be remembered that Milwaukee & St. Paul, the Chicago St. Paul & Kansas
it was towards the latter part of March that the great City, the Cedar Falls & Minnesota and the Quincy
destruction of property occurred at Louisville, and the Omaha & Kansas City also all fall behind.
For tho
storm which did so much damage at that point extended three months ended with March the increase is
over a large area and affected adversely a great many $1,233,220, or 27 per cent, of which the Burlington &
different roads.
The overflow of the Mississippi also Quincy supplies $909,871. Out of the 15 roads
did much mischief.
From these various causes included for this period all record better net than last
Southern roads suffered more than any others, and the year, excepting only the Dubuque & Sioux City, the
same roads likewise had a much smaller cotton move- Cedar Falls & Minnesota, the Milwaukee Lake Shore
ment, the shipments overland and the receipts at the & Western and the Quincy Omaha & Kansas City,
ports showing a large falling off.
The roads running to the Southwest are affected by
It is a fact, however, that both in amount and ratio the rate disturbances in very much smaller degree.
the improvement for March was heavier than that For the month that group shows $499,056 increase, or
for February, the increase in the month last mentioned 54 per cent, and for the three months $1,100,508 inhaving been only $803,598, or 7-35 per cent. The crease, or 41 per cent. The Atchison of course suppresent increase, too, follows a much larger increase last plies the bulk of the gain in both cases, having an
of leading rivers
impeded
railroad transportation
TBE CHRONICLE.
684
[Vol, L.
$518,358 for the month and of 11,078,337 for entire shows no less than $703,333 increase in gross
Still, all the roads in that group reporting but only $136,133 in net, the remainder of the amount
have larger net with the exception only of the Little being consumed by augmented expenses. The best reEock & Memphis and the St. Louis Arkansas & Texas. sults come from the lines in Kansas, like the Central
increafie of
the quarter.
from Branch Union Pacific and the St. Joseph & Grand
making of Island. For the quarter the Union Pacific is $134,039
The Southern Pacific has lost $86,558
very extensive improvements, betterments, repairs and behind in net.
renewals by the receiver. For the three months, the for the month and $639,071 for the quarter, and the
roads in this group sustaining losses are the Little Eock Northern Pacific has lost $37,093 and $137,602 respect& Memphis, the Kansas City Port Scott & Memphis, ively for the two periods, while the Canadian Pacific
the Eio Grande Western and the Arkansas & Texas; reports a slight increaseIn the
latter case, the falling off follows solely
heavier operating expenses, caused hy the
mentioned road the falling off is
If the Kansas lines
not particularly large in any case.
Pacific were included in this group, the
of the Union
comparison would be still more favorable.
With reference to the coal companies our returns
but barring the
last
cover of course only the results of the railroad busi-
Coal sales and mining operations are represented
in but one or two minor instances.
It appears that the
ness.
net earnings from the railroads are proving better than
a year ago, when there was a falling off. For March
ten roads show an aggregate increase of $158,788, or 17
per cent, and for the quarter the increase is $535,993,
The Central of New Jersey (to a
or over 13^ per cent.
very trifling amount) and the Pittsburg Painesville &
Fairport are the only ones making a loss for the month.
0roBa
BamUtf.
Ket Eamintt.
March.
1890.
»
Trunk
lines. ..(10)
1
1880.
1
»
14,226,602
2,217,404
Middle West'n(U)
»
12,923,928
2,067,238
4,311,423
870,763
694,808
2,455.576
2,021,815
930,711
10,447,836,
1,429,787
3,100,368
6,575,589,
6,088.565
1,918,073
Pacific Byat'm8(21)
8,229,716
2.993,103
1,110,877
2,064,466
952,089
1,636,228
1,417,189
327,.S03
330,510
471,786
41,414
439,347
84,866
Total, 124 roads.
50,02'<i,598
44,986,661
15,610,037
14,238,219
+1,271,818 8-93
52,305,664
47,284,786
15,162,757
18,020,266
Middle West'n.d*)
6,601,674
8,012,716
North west«m..(16) 18,096,168 18,187,881
Southwestern. (7) 12,894,456 11,110,638
1,910,498
2,018,558
6,761,878
4,528.668
3,778,272
8,165,261
2,677,764
+2,148,601
-108.080
+1,233,220
+1,100,508
-794,877
+551,977
Jan. 1
Trunk
to
Aprill.
lines.. .(13)
Pacific syst'ms (21)
26,760,919
28,142,297
Southern r'd8..(3S) 20,244,0m) 17,825,540
Coal companies (15) 12,640,876, 11,794,650
6,616,979
6,989,938
6,064,002
4,479,717
3.943,724
Bastem &
5,065,999
4,120,731
1
Mld.(28)
16,321,403
14,610,280
j
The statement
for the quarter
very comprehensive, comprising the Delaware &
son and the New York lines of the Lackawanna.
is
HudThe
B.&O.. Eastof Ohio.
Atlantic
&0.. Wextof Ohio.
Boston & Albanyt
Canadian Pacific.
Northern Pacific.
Oregon Improvem't Co.
B.
Clev. Cin. Chic. &. St. L.
rand Trunk of Canada.
Chic.&Gd. Trunk.
Det. Gd. Har. & Mil.
Pacific.
road reports larger net than in 1889, both for the month
and the quarter, a record unequaled by any other
group. For March the addition to the net amounts to
Tol. & O. C. Extension.
Tol. Peoria & W.
& Ohio Itiver.
Chic. & vvesf Mich.
Cleveland Akron & Col.
Clevelaod 4 Canton.
Det. Bay City & Alpena.
Det. Lans. & Nor.
Kliiit & t^ere Mara.
Illinoia Central.
Lake E. Alliance & So.
Lake Erie & Western.
Toledo Col. & Cin.
Toledo & Ohio Central.
Northwestern.
Burlington & Nor'west'n,
Burlington & Western.
Cedar Falls & Minn.
Chic. Burl. A Quincy,
&
Chic. Mil.
St. Paul.
Chic. St. Paul & K. C*
St.
Joseph &Grand
Denver
L.eadville
Isl.
&
G.
Rest of U. P. system.
Central Branch.
Montana Union.
Leaven. Top. & Soathw
Shore
&
+6,689,83212-84
Rich. X Petersburg.
Sav. Amer. & Mont.*
Shenandoah Vtilley.
Tennessee Midland.
Wnghtsv. &, Tennille.
Coal Companies.
Albany A Susquehaana.t
Bufl'.
Roci. &
Pitts.
Cenlral of New Jersey.
N. Y. & Canaia.t
N. Y. i^Gk. & Weat.+
Phila. & U.adlng.
Pitts. Cleveland & Tol.
Pits. Painesville A F,
Pittsburg 4 Western.
Renus. A Saratoga.f
bummit Branuh.
Lykens Vallwy,
Syracuse Bing.
Western N. Y.
West
&
N. Y.+
A Penn,
Va. Central.
& Burl.
Eastern & Middle.
Adironda k.+
& Atlantic.
Allegheny Valley.
Atlantic & D^nv.
Baltimore A Potomac.
Cape Fear & Yad. Val.
Bos. Rev. Beach & Lynn.f
Central oT tieorgta.
Bos, Wmthrop A Shore.t
Ches. & Ohio.
Brooklyn Elevated.
Che9. Ohio & Southwest. Camden A Atlantic.
Cin. N. O. & Tex Pac.
Connec'.icut RiTer.+
New Orl. & Northeast.
Dunkirk Al.A^ A P.t
Man. Almu
Southern Roads.
Alabama
&,
Yick-burg. rcimira Cort. A No.+
& Pac.
Fitchburg.t
& Ga.
Lake Cham. A Morlahii*
Vicksburg Sh.
Tenn. Va.
Brtst.
Knox^ille&Ohio.
Jack.
Tampa A
K.
Kentucky Central.
W.
We8tern,+ Louisville & Nashville.
Louisville St. L. & Tex.*
Minn. & St. LoulK.
Minn. St. Paul & 8. 8. M. Nash. Chat. & St. Louis.
Quincy Omaha & K. G.
New Orleans & Gulf.
Norfolk & Western.
St. Paul & Dulutb.
Ohio River.
Wisconsin Central,
Petersburg.
Mil. L.
23
9
Anntston
Eliz. Lex.& Big -andy.
Dubuque & Sioux City.
Georgia RR. & B'kg Co.
Green Bay W. & St. Paul. Ga. Southern and Fla.
Iowa Central.
Keokuk & Western.
U
•
U
+535,998
+046,288
-16,898
194,446
43,528,074
IS
6
27
41
Ariz. Cenr.
N. Y. Cent'I & Hud. R.t
N. Y. Chic. & Ht. Loui8.+
N. Y. L. E. & West.
Chleaxo
heavy amounts of increase, as for instance the Baltimore
& Ohio with $356,836 (eastern and western lines combined), the Boston & Albany with $390,453, the Big
Four with $153,485, the New York Central with $323,-
it
Pre^cott &
San. Fran. & North. Pac.
So. Pac— Pac. System.
Gal. Har. & S. A.
Louis. Western.
Morgiio's Ija. & T.
Ohio & MlBSSissipi.
N. y. Tex, & Mei.
Pennsylvania.
Texas &, New Orleans.
Wabash (codboI. system.) Union Pacific—
Ore. Sh. L. & Utah Nor,
Middle Western,
Oregon Ry & Nav. Co.
(J
improvement over last year is in some cases very heavy.
Thus the Albany & Susquehanna has a gain of $326,706,
the New York Lackawanna & Western a gain of
$193,324, the Western New York & Pennsylvania a
gain of $133,631 and the Beading a gain of $94,594.
The trunk line group of roads does not have so large
a ratio of increase as some of the other groups, but for
uniformly favorable results it excels all the rest. Every
1319,199, or 8 per cent, on 10 roads, and for the three
months the addition is $2,142,501, or 16 per cent, on
13 roads. For the latter period there are some very
3,088,306
Goal companies (10)
Kast'n & MlddlO;
Mexican road. ..(1)
For the quarter the same two roads form the exception, Mexican road. ..(1)
963,216
907,407
177,647
Total. 119 roads 166,628,417 161,706,180 49,117,908
togetlier with the Lykens Valley and the Summit
Branch, the latter being instances where mining opera- NOTE.— Included under the head ofTrunk Lim^.
Pacific Systems.
tions are reported.
P.O.
t
+819,199
H
-23,848
R
+433,781
21
+499,068
64
+32,062
1
-186,392;
7
+168,788
17
432,439
7
-43,242
61
t
8.992,224
6.930,176
6,794,640,
4,567,781
r'dB.. (37)
Int. or Bee.
1889.
3,745,621
8,499,339
Northwest«m..(15)
Southwestern. .(7)
Southern
1890.
Long
Island.
•-
Manhattan Elevated.+
N. Y. A New England.t
N. Y. N. H. A Hartford.t
New York A
Northern.
N. Y. Ontario A West.
N. Y. Phila. A Norf.f
N. Y. Prov. A Boston.t
Northern Central.
Ogjens. A L. Cham.f
Old Colouy.+
Rome Watertown A Ogd.
Staten Island.
^51, the Erie with $236,763, the Pennsylvania with
Southwestern.
Tioga.t
Richmond & Danville,
Ateh. Topeha &, Santa Fe. Virginia Midland.
UticaCUn. ABing.t
$387,110 and the Wabash with $392,650. In traffic Denver & Rio Grande.
Char. Col. & Aug.
West Jersey.
Columbia & Greenville.
Kan. C. Ft. S. & Mem.
Mexican Hood.
West. North Carolina.
conditions the Middle Western roads are closely allied Little Rock & Memphis.
Wash. O. & W.
Rio Grande WesTero.
Mexican National.
Ash. & Spar.
to the trunk lines, and yet these roads form one of the St. Louis Ark. & Texas.
St. Louis & San Fran.
Georgia Pacific.
groups which record smaller net both for the month
• For the month only.
+ For the quarter ending March 31.
and the quarter. But the exhibit in that case is someWe have stated above that Southern roads suffered
what misleading, since the falling off follows entirely most from the floods and bad weather in March, and
from a heavy loss by the Illinois Central. With that
also had to contend with a diminished cotton moveexception, and also a trifling decline on the Cleveland &
ment. The effect is very apparent on an examination
Canton and the Toledo Peoria & Western, every road of the returns for those roads. Not only is there a loss
reports enlarged totals for the month, and the
roads, together with the
same in the aggi'egate net, but out of 37 roads reporting from
Lake Erie Alliance & Southern that section, no less than 20 show diminished totals,
and the Chicago & Ohio Eiver, are the only ones
including such prominent companies as the Louisville
which have lost in net for the quarter.
& Nashville, the Eichmond & Danville, the Nashville
The Pacific systems have a small increase for the Ohattanoga & St. Louis, the Georgia Eailroad, the Cenmonth, but quite a large decrease for the three months,
For the quarter of course the
tral of Georgia, &c.
the latter following in great measure from the adverse
result is very much better, there being an increase of
weather conditions prevailing in the early part of the
with quite heavy gains by some of the promi1551,977,
year.
The Union
Pacific for the
month on the system nent companies.
For that period only 12 roads out
of
Mat
THE CHRONICLK
17, 18«0.J
685
These two columns, which have no close relation to
35 have suffered a decrease in net, and the decrease for
The East Tennessee has done each other, do not give the amounts issued and outof them is small.
most
month and the quarter,
having gained $60,250 in net in the one case and $210,199 in the other being a larger amount of increase
than reported by any other Southern road. In these
figures the operations of the Knoxville & Ohio are not
but their inclusion would modify the
included,
In the Eastern and Middle
result only very slightly.
group the exhibits are quite irregular. We may note,
however, very decided gains by the Eome Watertown &
Ogdensburg, the Old Colony, the New York Providence
particularly well, both for the
—
&
Boston, the
New York New
Eitchburg, and a few others.
REGENT PROGRESS IN
standing, but the
increase
in
those amounts in each
year over the preceding year, and the increasing increase is most remarkable.
The amounts written in
and outstanding at the close of 1889 are about 554}
and l,971i millions in the New York companies and
231f and l,l73f millions in the others. The ontside
companies operatmg here show a like experience
in them also the reaction began in 1880, and their aggregate amount of insurance in force is now nearly 150
millions larger than when the number of companies
Haven & Hartford, the was 27 to 30, instead of 18, as now.
In the field of fire insurance, we have operating in
this State 22 foreign companies, 2 of which are CanaLIFE INSURANCE. dian. These foreign companies are large and power-
Life insurance in America substantially dates from
ful,
holding their own in competition so vigorously
that they fall short by only a few
hundred millions of
few companies now closely approaching or exceeding a writing as much insurance as either the companies of
half-century of age, and one the small and almost un- this State or the other States' companies operating
here, although only comparatively few in number.
known Presbyterian Ministers Fund of Philadelphia
which began its humble operations in 1759. The year Yet no foreign company is now doing any life businera
1859, six years after the general act which first put the here, although several are engaged to some extent in
The causes do not lie in any
business under State supervision in New York, found such business at home.
lack of enterprise and business capacity on part of the
the State with only eight companies, and the following
managers, for they show both in the hold they
shows the progress since that time by five-year intervals:
COMPANIES OF NEW YORK STATE.
have
upon the business for which
they do
No. of
compete
nor in any hesitation about trusting
End No. Policies
Amount of
Co.'s.
in Force. Policies in Force.
Of
foreign companies, for those which are here have
Assets.
Surplus.
1869
8
23,690
$72,197,436
$11,629,085
$3,630,706 removed all occasion for that;
nor in any diflSculty
1864 17
70.429
194,819,324
26,074,191
8,014,050
1869 41
334,188
944,744,816
113,154,364
20,471,297 necessarily found in doing business in a foreign coun1874 23
372,931
1,002,994,598
195,336,921
27,424,916 try, for the successful invasion of England by several
1879 12
261,799
730,648,500
202,562,832
32,887,465
1884 12
375,867
1,063,106,313
264,590,233
43,154,385 of our great New York companies shows that such diffi1889
623,260
12
1,971,314,910
405.960,573
•52,948,830 culty is easily surmounted.
The reason is simply that
OUTSIDE COMPANIES OPERATING IN NEW YORK STATE.
men do not, on any large scale, take life insurance until
1859
6
25,918
$69,300,541
$8,906,999
$1,440,441
1864 10
76,300
200,883,730
22,953,106
6,295,016 asked and urged to do it, and that the custom in Eng1869 28
322,384
891,873,003
114,612,661
26,981,757 land is pretty generally to wait for them to do it.
A
1874 27
426,603
994,241,632
191,944,975
31,464,428
1879 19
333,087
709,312,665
198,952,961
32,390,256 curious illustration of this was the half-frightened
1884 17
374,700
807,621,746
226,897,486
38,656,805 commendation by a London insurance journal of the
1889 18
516,634
1,173,362,401
290,983,149
*33,796,196
daring of an agent who, "more by way of a joke than
* There would be a gtlU larger increase shown in
one of the sum g
"lay siege to a perfect
designated by the (*) and an increase instead of a decrease In the other, "anything," actually did
but for a change lu the "legal standard" of lutorest from 4>a to 4 per
"stranger," and kept at him until rewarded by "a
cent, which took eflfcct in 1887.
"proposal." In this country the solicitor does not
Of the 8 companies of 1859 5 remain, 2 having
confine himself to his acquaintances, nor does he wait
failed and 1 (which did only an incidental and
for a personal introduction.
nominal business) having long ago ceased to issue
The three great companies of this city not only wrote
policies.
Of the 10 ante- war companies 8 survive; of in
1889 86 per cent of the business done by the entire
the 6 started during the war 1 survives; of the 28
12 on the list, but each one of these three alone did
started since the war closed 3 survive, one of them
about double the entire business done by the 15 compabeing now only a year old. High tide in the number of
nies in 1878 and about 75 per cent of the total done by
companies was in 1869-70; in the volume of outstanding
the 12 companies in 1884.
In 1886 the hundred-milrisks, in 1871.
In 1879 the number became reduced lion
mark was first reached by the Equitable, which
to an even dozen, and has since been changed only by
wrote 112^ millions; in 1887 another passed that mark;
the collapse of the small Homeopathic in 1886 and by
in 1888 the third passed it; now all three are of course
the starting of the Commercial Union, which is now
aiming at the 200-million mark.
the beginning of the late war, although there are a very
—
;
—
expected to join with a co-operative association.
amount of business fell
upward movement which
until
The
then began an
still continues.
In 1884 the
total outstanding issues again passed 1,000 million
dollars, going several millions beyond the previous
maximum in 1871, and the annual gain has itself been
cumulative of late years, as the following very strikingly
1879;
shows.
^"*"
during
"^
^«""'
1884
1885
1*86
1887
1888
1889
Inliisaranee
In Insurance
written during
Tear.
$12,737,752
35,648,121
46,567,380
65,875,170
73,801,522
117,683,179
outstanding
at
end of Tear.
$84,035,644
110,499,304
137,897,947
182,234,372
201,802,723
275,714,251
A
distinct class presenting
distinct
phenomena
are
the co-operatives, which have become of late years so
many
in
of the
volume
number that they have doubled the thickness
insurance.
of the State oflicial report relating to life
They
report having
written
altogether
335,918 certificates in 1889 and 1,235,093 in the last
five years, and to have now in force about 1,100,000;
what aggregate of so-called insurance these certificates
represent is not ascertainable except by tedious finding
out and footing of numbers, and what proportion of
their nominal face
ture
it is
is
actually paid on those
quire this to be set forth.
in 1889
which ma-
impossible to ascertain, nor does the law re-
is
The number reported written
number of
equal to about 42 per cent of the
THE CaBONICUE;
686
policies
written
in that year
by the thirty regular
companies operating in this State.
There are distinct signs that the co-operative movement is rather on the decline, for the present at least.
Its advocates, who have never been deficient in self-assertion, have uniformly claimed that their plan was destined to make an end of the old system, and hence that
they have been fiercely antagonized by the "old liners;"
on the contrary, although it is always- impossible to say
with certainty what would have happened if something
seems pretty clear that
the co-operative societies have not hindered, but have
probably helped the astonishing progress of the comelse
had happened
differently,
it
panies.
How long
this progress can be maintained belongs to
prophecy, but an accelerating progress, it
would seem, cannot escape reaching its limit before
many years. Yet the discussion of this question cannot be entered upon without bringing us to inquire
thfi field of
whether any marked changes in the character of the
business done, and in the motives appealed to and operative in doing it, have been taking place; whether it is,
substantially and essentially, the same business as formerly, done with the same classes and upon about the
same scale and conditions. This is a picturesque and
fruitful country for historians, and an unsafe one for
prophets; and there are no subjects more intimately
interwoven with all the interests and progress of the
country, and hence more interesting and suggestive,
than insurance and transportation. Some study of the
character and drift of life insurance business, as well
as of the later experience of the companies as financial
institutions, may be attempted hereafter.
discount rate
The
London, Saturday, May
3, 1890.
Money was unexpectedly abundant and cheap on Monday,
the first day of the fortnightly settlement on the Stock Exchange. As transactions during the preceding fortnight were
xeported to have been both numerous and large, it was exI)ected that rates would be comparatively high.
As a matter
of fact borrowers were able to obtain all the loans they required at from 2 to 2}4 per cent.
It would seem, however, that there must have been miscalculation somewhere, for on Wednesday, when stocks had to
be delivered and paid for, rates rose very considerably. In fact
the settlement was the largest for a long time past. The clearings on that day amounted in round figures to seventy-one
ibiUions sterling, an increase over the corresponding settling
day of last year of nearly 16)^ millions sterling, or about 80
per cent. Dealers in Indian rupee paper report that the accoimt settled in that particular stock was the largest for many
years past. The pressure on Wednesday was due not alone to
the Stock Exchange settlement, but also to the fact that the
India CouncU and the French banks were calling in money
they had lent to the billbrokers and discount houses. There
were also remittances made to Scotland, and though the de-
Wednesday has been much
less, it still
has been
very good.
On Wednesday it would
lent to the outside
Naturally,
appear that the Bank of England
market over a million and a quarter.
therefore,
the
directors of
the
is
market were
now 1^
was due mainly to the cessation of American purThe Indian banks for some little time past have notbeen buying. They prefer to wait upon events. The chief;
purchasers of silver have been American, and as they have not.
been operating this week the market has declined. The Indian
fall
chases.
banks have been buying very largely again from the India
Council both bills and telegraphic transfers, but chiefly transfers.
During the month of April the Council sold four crores
of rupees, which is about one-fifth of the total to be drawn for
the whole year, and realized very nearly three million sterling.
Most of the sales were in telegraphic transfers. The
Indian banks, therefore, have been able to withdraw from the
Indian Presidency treasuries such large sums that the Indian
money market has been greatly relieved. Consequently on
Thursday the Bank of Bombay reduced its rate of discount
from 10 per cent to 8 per cent, and the Bank of Bengal lowered
rate from 9 per cent to 7 per cent.
For years the market for American railroad securities here
has not been as active as it has been this week, which is the
more remarkable because the fortnightly settlement began on
Monday morning and did not end until Wednesday evening,
and because, further, the Stock Exchange was closed on,
Thursday. At the settlement borrowers for the Stock Exchange were able to get all the accommodation they required
at about 2J^ per cent, and the rates of continuation were
ccflTespondingly low, A fortnight ago it was seen from the
its
exceptional lowness of rates that practically the speculative
account •pen for the rise which is carried over from settlement to settlement had been liquidated. But though every
competent observer recognized that this had prepared the way^
for an upward movement, and therefore foresaw that such a
movement would probably begin before long, no one anticipated so early and so rapid a rise. During the first three days
of this week the buying has been on an unusually large scale.
The general public has participated, large orders being given
all
parts of the country, especially
from the great
cities
of the North, and the Continent has been purchasing also on avery considerable scale. It was supposed that the holiday on
[Prom our own correspondent.]
since
U
to harden considerably, Therper cent.
The price of silver, which at the close of last week was 48d.
per ounoe, fell on Tuesday to 47d. and on Wednesday to
4d ft-16d., followed by a recovery on Friday to 47d. per ounce.
rates in the outside
from
mand
[Vol.
Bank decided
Thursday would induce great numbers to realize their profits
on the previous day, but although there were no doubt many
realizations, the effect upon the market was quite trifling.
The public seems to have forgotten all its causes of complaint
againt American railroad management, and to have lost its
fear of surprises. If nothing to alarm it afresh occurs, il?
seems clear that we are about to have a much larger business
than we have had since 1886.
Along with the rise in American railroad securities there
has been a sharp advance in silver securities generally. On
Tuesday, it is true, that silver, which for a couple of days
previously had been at 48d. per ounce fell to 47d., and there
was a slight further decline on Wednesday. This caused a
fall in Indian rupee paper, but Mexican bonds and railway
shares have continued to improve, and so have generally the
British railway stocks
have likewise advanced, the impression being very general
securities of silver-using countries.
here that a largely augmented issue of silver notes in America
wUl raise all kinds of prices, will thereby increase the cost o£
production, and will consequently stimulate imports of British
manufactures. At the same time it is evident that if the rise
in silver is maintaiaed the maniifacturers of Lancashire will
Already, indeed, there has been a
be greatly benefitted.
marked increase in Indian orders and an improvement in price
of about 8 per cent, while the better exchange is equivalent
to a further material advance in price. Therefore, the general
opinion is that if Congress legislates as is now expected, there
on Thursday to keep their rate at 3 per cent. During the week will be a great stimulus to British trade, that this will benefit
ended Wednesday night there was a net export of gold from the railway companies, and, therefore, speculation in those is
the Bank of £48,000. There is stiU a strong demand both for
Paris and Berlin, and there is an expectation that before long
large shipments will be made to Buenos Ayres. At the same
time the outflow of coin and notes to the English provinces,
Scotland and Ireland is now going on. During the week
ended Wednesday night the Bank reserve declined £716,060,
and
of the
ably
is
now under
all
14J^ millions sterling, being 41 per cent
The reserve will continue to decline, probthrough the month, and it would not be surprising if
liabilities.
once more reviving.
spirit has given a filip to
departments of the Stock Exchange. Even South African
and nitrate shares participate in the improvement. What are
called "international securities" are very firm. The French
Chambers will meet early next week, and it is expected that
l^ialation necessary for the funding of the floating debt wiU
be carried through rapidly. In spite, too, of the apprehensions respecting labor demonstrations, there has been a better
The newly-awakened speculative
all
I
May
THE CHRONICLE.
17, It 90.]
and Vienna Bourses. It is understood
that the French Government will not after all assent to the
conversion of the Egyptian preference debt, except on conditions to which the British Government will not agree. The
Egyptian delegates have been in London tiiis week; but it is
not thought likely that they will move Lord Salisbury to alter
his decision. It seems, therefore, that the conversion will be
feeling on the Berlin
postponed, at all events for another year. In consequence the
preference bonds have advanced, and, strange to say, so have
the unified bonds. They had been run up to 96^^ in the expectation that the conversion would be carried through, and
now that the conversion is again postponed they are carried
farther for that reason professedly. Of course the real reason
is the newly-awakened speculative feeling.
The market for Argentine securities continues wonderfully
firm. The belief is general that the great iinancial houses
here and upon the Continent are preparing some great measure
which will help the Republic through its difficulties. The
most competent observers doubt their abiUty to do this,
even though they admit the necessity they are under of mitigating the crisis as far as possible. Meanwhile the general
public is satisfied that nothing very serious will happen, and
the market continues very steady. The premium on gold
fluctuates between 140 and 150 per cent, and there are expectations that large amounts of the metal will be sent to Buenos
Ayres during the summer.
The heavy fall in pig iron, which has been going on ever
since Christmas, has led to some serious failures in the trade,
and the market continues exceedingly depressed. The impression
is
general that speculation
is
forcing
down
prices
unduly as it forced them up extravagantly a few months ago.
But it is undoubted that all branches of the trade are more or
less depressed.
New orders for ships are very few, and
freights are exceedingly low. Other trades generally, however, are prosperous. The consumption of the country is on
a very great scale, and the feeling everywhere is confident.
It is anticipated that if the silver bill is passed by Congress
the American demand for British manufactures will greatly
increase, that this will stimulate our trade once more, and
that we may expect, therefore, tlxat the improvement will
continue for a couple of years longer.
Already the cotton trade has felt the beneficial influences of
the rise in silver, and it has felt it both directly and indirectly.
The greater ease in the Indian money market had led to augmented purchases of cotton'piece goods. These purchases have
brought about a rise in prices, and at the same time the rise in
the Indian Exchange is equivalent to a further advance in prices.
Within about a fortnight, therefore, the condition of the industry has greatly changed for the better. Only a few weeks ago
there was almost universal complaint that the margin between
yam and manufactured goods was too narrow to allow of any
profit, and in many cases involved loss.
Now it is admitted
that though the margin is not as wide as might be wished for,
it does admit of profit being made.
During the past day or
two, however, less has been doing in the Indian department
than for some week or ten days previously, as there is a disposition to wait upon the course of events in America. The
home consumption of cotton manufactured goods is very large,.
and so is the consumption in other countries than the Far
East.
687
The following shows the imports of cereal produce Into the
United Kingdom during the thirty-four weeks of theaeajaoa
compared with previous seasons:
IMPORTS.
1888-S9.
18R9-90.
cwt. 34,595,6.50
Wheat
Barley
Oats
Peas
.39,.'>.'S3,H4.S
11,048,920
8,131,490
1,259,013
2,105,432
Beana
13,597,422
9,e72,»87
1,310,684
1 Al^T-88
29..S4.5,8i4
12,3«9,294
9,«3»,3.'H
2,178,376
1886-87.
33,372,379
12,804,431
8.949,789
1,612.504
2,25.'5,442
1,79!»,930
1 .627,592
18,423,.359 11,320,384 18,4.')4,899
9,4.'50,787 12,913,207 11,435,960
11,681,960
Supplies available for consumption (exclusive of stocks oa
Indian corn
Flour
24,289,.V70
September
1):
1889-90.
1888-89.
1887-88.
1886-87.
Import8ofwheat.cwt.3t.595.6!>0 39,5.'>3,843 29, .'54.5,814 3:),:)72,:f79
Imports ot flour
11,581,960
9,436,787 12,943,207 11,435.900
Sales of hoiuo-grown. 33,398,920 25,137,843 28,570,391 23,347,565
Total
79.576,530
74,128,473
1889-90.
Aver, price wbeat week.SOs. 4d.
Av. price wheat season. 298. lid.
1888-89.
7d.
4d.
293.
3l8.
71,059,412
1887-88.
SOs.
30«.
Flour, equal to qrs.
..
qrs.
Maize
8d.
7d.
flour
and
1889.
1,524,500
1888.
1,948,500
248,000
285,500
262,000
705.000
276,«IK)
686,000
1886-87.
32s.
32s.
9d.
2d.
The following shows the quantities of wheat,
maize afloat to the United Kingdom
This week.
hmtt wek.
Wheat
qr8.2,093,.50O
2,206,000
68,155,90*
196,000
355,00a
Engllab Financial markets— Per Cable.
The daUy closing quotations for securities, &c., at London,
are reported by cable as follows for the week endinz
May
16
London.
Silver,
Sat.
per oz
ifon.
Tues.
47 14
47 14
971618 97"i8 98
47 >4
d.
Wed.
Thuri.
Fri.
4714
981,8
47%
4759
985,8
98T,a
Consols, new 2%percts.
983,8
98I4
98l]«
98l,«
do for account
98'.,
981s
Fr'oh rentes (In Paris) fr, 8y22ia 89'30
89-52ia 89-52i« 89-52 la 89-5(
y<J106
O. 8. 4>s8 of 1891
106
106
106
xl05
105
0. 8. 4s of 1907
124% 124% 124% 125
125
124%
SOTg
83I3
Canadian Faciflo
80%
8238
82%
811a
Chlo. Mil. & St. Paul.... 781a
78>4
77%
78%
79%
7878
nilnolB Central
119% 120
120
120
I2014 I2OI4
Lake Shore
11414
LoulsTlUe & NashvlUe.. 9413
76I3
Mexican Central 48
N.Y. Central & Hudson. II214
N.Y. Lake Erie & West'n 29
do.
2d cons
107 "3
Korfolk & Western, pref. 67
Northern Pacific, pref.. 8514
Pennsylvania
57>«
Philadelphia & Beading. 22%
Onion Pacific
Wabash, pref
'
114
new
29
107%
67I4
851a
67%
22 14
68
36 14
22
67%
36I9
107%
67%
105%
671a
29 la
77i«
112>a
XIO514
9468
114
94'8
7778
1121a
291a
77
112
1121a
671a
861a
5778
114%
114
76%
108
68
36 s^
Ex-dlvldend and
11414
94'9
94^8
7608
112»a
29>4
67%
85i>8
86
5819
•56%
04 «
29%
85I9
561a
22%
23
23%
6778
36»8
681a
36^8
681a
3618
stock.
^ommtxcinX mid HtlsceTliiueoiis Jltws
Imports and Exports foe the Week.—The imports of
week, compared with those of the preceding week, show
a decrease in both dry goods and general merchandise.
The total imports were 89,537,808, against $10,858,848 tha
preceding week and §9,976,078 two weeks previous.
The
exports for the week ended May 13 amounted to $8,346,471,
against $7,293,731 last week and $5,745,340 two weeks previous.
The following are the imports at New York for the week
ending (for dry goods) May 8 and for the week ending (fer
last
general merchandise) May 9; also totals since the beginniiag
of the first week in January.
FOREIGN IMPORTS AT NEW TORE.
For Week.
1887.
Dry Goods
1889.
1888.
$1,695,443
6,080,129
1890.
Total
Since Jan.
$1,504,247
8,703,003
$1,517,921
8,019,887
$7,775,572
Gen'lmer'dlse.
$1,851,197]
6,406,107]
$8,257,304
$10,207,250
$9,537,808
$48,995,214
124,317,231
$52,922,235
126,437,580
1.
Dry Goods
Gen'l mer'dise.
$56,342,5131 $58,697,099
132,745,723' 134,307.241
Total 19 weeks. $173,312.445 $179.359.815 $189.088,236:$193.004.34O
In our reixjrt of the dry goods trade will be found the
iinports of dry goods for one week later.
The following is a statement of the exports (exclusive of
decidedly firmer. It is argued that a specie) from the port of
New York to foreign ports for the
largely increased issue of silver notes will, by raising the cost week ending May 13 and from January 1 to date
of production in America, tend to check American exports of
EXFOBIS FROM NEW YORK FOR THE WEEK.
wheat, and at the same time that the rise in silver will tend to
1887.
1888.
1889.
1890.
check the Indian exports. Therefore, if Congress legislates For the week.
$5,745,155
$9,673,413
$6,919,265
$8,346,471
as is expected, it is generally anticipated that there will be Prev. reported
105,138,207 103,050,682 121,267,625 118,948.388
some falling off in the exports both from the United States Total, 19 weeks $110,883,362 $109,724,095 $128,186,890 $127,294,859
and from India, and consequently that there tavat be an adThe following table shows the exports and imports of specie
at the port of New York for the week ending May 10 and
vance in wheat.
The following return shows the position of the Bank of since January 1, 1890, and for the corresponding periods in
1889 and 1888:
England, the Bank rate of discount, the price of consols, &c.,
EXPORTS AND IMPORTS OF SPECIE AT NEW TORJC.
compared with the last three years:
ImporU.
Export*.
The wheat market
is
:
.
1890.
£
1889.
1887.
Gold.
Circnlatlon
£
£
21,81l>.800
24.<)ei,2»5
24.734.415
S4.ST5.10e
Public deposits
8,826.922
26.184.083
9,121,»57
8.332,632
6.717,32«
Other deposits
25.752.254
24.878,077
24.718.486
Qovernment
Groat Britain.
Prance
16.050.210
15.969.948
14.754,754
Germany
22,398.575
23.1.39.784
17,749,712
19,667.648
U.im.eu
13.878.450
14,780.805
22,818.464
22,137,745
11,716,270
20.250.685
23,905,706
87H
48)4
securities
securities
Other
Keaerre
Coinand
bullion
Prop, assets to
liabilities. per ct.
Bankrate
Oonaols
ClearioK-House returns
perot.
41
s
07 15-16
173,519.000
39
2«
2
£
18.738.052
2
98 11-16
170,813.000
164,820,000
146,765,000
Week.
$1,200
,
.S>n«e
Jan.
1.
$58,860
5.000
Week.
$4,867
All other countries..
Total 1890.
Total 1889.
Total 1888.
2,400
10,000
1,782.505
1,600
1.073,356
38,190
$13,600 $2,959,511
654,631 13.096,134
5,428,682
579,384
$156,979
2,.'V05.288
,
West Indies
Mexico
South America
Since Jan. 1.
400
4.iK>4
8,103
890.066
85,865
6,143
70.542
274,485
$17,964 $3,989,367
78,032
2.846,542
131,735
4.021,638
THE CHRONICLE.
688
Export*.
Jmporlf,
Silver.
New York City Bank
.
Week.
Great Britiiln
France
Since Jan.\,
$8,065,660
22,000
,
Germany
Week.
Since Jan.l,
$488,111
24,100
37.000
18,825
20,640
9,773
166,307
214,021
74,491
174,077
Vest Indies..;
Mexico
South America
$4,516
10, 1890. ia as follows.
All other countries..
Capitol.
(00< omitted.)
1.351
37,488
22,612
163,533
3uik of Sew York...
Xanhattan Co
tferobaQts*
Haoluknlos'
AjGiericft
Total 1890.
Tot^ 1889.
Total 1888.
—The
$4,516
253,700
110,088
$8,311,293
6.608,779
4,647,177
$589,570
16,298
242
$1,217,707
016,006
700,861
Phenlx
Olty
rittdeamen'B
Obemlcal
tferohants' Eich'nge
Chronicle readers is directed to the aallatlii National
Manual of Investments for 1890, compiled and published Bntchera' & Drovers',
tfeohaolcs'
by Messrs. John L. Williams & Son of Richmond, Va., which ateenwich <t Traders
has just been issued. The little pamphlet of former days has [gather Maimfaot'rs.
N^itlunal
now given place to a bound volume containing 406 pages, and Sevenih New York...
State of
in addition a map showing in colors the railroad systems of
American Exchange..
the Southern States. The Manual gives at much length sta- Oommeroe
Broadway
tastica respecting the debt and financial standing of the
Mercantile
Southern States and of no less than seventy-five cities and t'aaue
Etopabllo
towns situated in those States.
Considerable space further- Ohatham
more is devoted to coal mining, iron manufacturing and other Peoples'
local companies. The railroads as usual are treated of in much ^oith America.
Sanover
detail.
The statistics in tije main, the compilers say, are trrtog
OttUens'
ofBcial, and they are l)rought down to late dates.
itarketA Fniton
A new through all-rail line to Boston and the East 8t. Nicholas .....
has
been
perfected by the New York
Susquehanna Shoe 4 Leather
& Western R. R. Co. in conjunction with the Pennsylvania Oorn Exchange
Poughkeepsie & Boston and the Boston & Maine railroads and OmitinentaL
OrientaL
attention of
—
the Poughkeepsie Bridge system. This line will avoid the
usual transfers at Jersey City via the Harlem River and effect
a material saving of time on through freight shipments from
the West, South and Southwest. It also opens up a new and
important territory not heretofore reached by the Susque-
hanna lines.
The Bank of Montreal statement for the year ended 30th
April, 1890, shows profits, after deducting charges of management and making full provision for all bad and doubtful debts
of $1,377,311. Dividends of 10 per cent took $1,200,000, and
the balance of profit and loss carried forward (including
balance from previous years) is $794,738.
The Comptroller of the City of St. Paul, Minn., invites
proposals for $395,000 thirty-year 4 per cent bonds. The de-
—
—
tails of the issues are given in the advertisement on another
page, and it is hardly necessary to remark that bonds of this
class will call forth large bids.
Attention is called to the first mortgage consolidated 5
per cent gold bonds of the Chicago Peoria
St. Louis Railway
Company for sale by Messrs. Hatch Foote. Only a hmited
amount of these bonds is now offered.
—
&
&
Ktat«inent for the week ending May
ciphers (00) in all cases.
We omiitwo
Banks.
$577,687
».
[Vol. h.
Importers' A Traders'
Park
North River
East River
Fourth Nation»l
.
aowery
Sew York County
Jemian- A merlcan.
2,000.0
2.050.0
2,000,0
2,000.0
3,000,0
1.000,0
1,000,0
1,000,0
300.0
600.0
1,000,0
300,0
200,0
200,0
600,0
300,0
1,200,0
5,000,0
5,000,0
1.000,0
1,000,0
422,7
1,600,0
377,4
897,0
641.1
.
German Exchange...
iennanla
Tnlted states
Lmcoln
larfleld
nfth National
Sank of the Metrop.
West Side
Se-ihoarf^
Sixth National
WeiWtni National
Firrt Natlonal,B'klyD
Specie.
2.847,l'
221.1
17.9,
186,8
841,0
2,988,0
2.761.5
2.890,7
4,242,1
1,790.6
2.870,0
6,681.3
373,1
4,610,6
2.272.5
114,7
122.9
1,535,9
538,2
262,3
316.B
3,189,1
285,5
134.3
452.4
409,2
232,8
772,0
769,6
473,3
2,150,0
20,511 4
19,167.8
2 137.4
828,2
281,8
550,1
665,8
6«0,2
633.7
286 6
4..540.3
1,876,7
288,1
3,676,2
274.0
1,000,0
300,0
420.6!
337,8;
53.7
417.0I
114.0,
283,1
2,444,0
1,759,9
878.6
1,190,8
„ 383.9
2,807.6
1,124,0
240,0
250,0
3,200,0
2,000,0
300,0
750,0
500,0
1,02,7,3,
955,2
526.4
183.0
149.2
328,8
322,9
261,2
398,3
206.5
699.4
110.7
231.7
1,500,0
435.9
415.0
327.0
128,0
744,0
78.2
6.289,9
742,8
13.n30,.'i
1.202,9
17,655,9
:
I
56O.0I
772,01
2.434.6,
1,068,0
1.558,91
»79,3i
513.3
278 2
600,0
500.0
750,0
500,0
500,0
1,000,0
1.000.0
300,0
*
1,S.<2.0!
1.323,4
1,000,0
•500,0
Legals.
2,000,0'
1.641.0|
1.431,3,
10,809,6
6.686.5
2.292,6
4.630.6
4S0,0
200,0
700,0
931,2
213,7
441,2
168.
378.0
499,0
141,5
190.9
321.01
174.71
1,049,9
114,3
118.9
563.0
729.7
694.5
137.2
SlO.Oi
285,0;
3.800,4
1.406.1
1.600,7
108,7
101.4
795,7
318.3
4.0t7,;i
127,K
198,7
1,366.8,
5.014 6
21 898,7
3.142,1
1,748,0
1,270,0
l,i51,0
4,31v^.9
827,3!
6.964.7
1.516.4
618,0
1423.4
22
693,0
6.fl»3.0
4400.0
276,0
57,0
266,5
M
75,4
200,0
8,500.0
888,8,
2586.0
4 U8,5
3 030,6
1446
(<95,2
249,2
36,9
246,8
175,7
200,0'
150,0,
300,01
200,01
600.0:
2,155,6
1,139,3
184,1
612,0
287.1
306,8
281,1
534.7
243,2
143,9
381,0
750.0
600,0
100,0
200,0
200,0
600,0
300,0
2.531,0
2,776.6
2.933,5
10,179.1
4,677,5
3,062,8
4U,U
'.iOO.C
. .
Loans
1,641.8 ll,a70,0
1, 370.31 10,0:4.0
889,2
6.901,4
l.TOrf.O
8,884.0
1.880,8 ll.SlS.-'i
645,2
6,033.0
2,422,4
9.017.2
1.786.6
6,662,'8 21,864,7
108,5
3,680.1
1,480,7
6.313,0
282,9
2,031.2
229,1
2,B38.U
127,5
1.220.9
664,4
2.917,6
66,2
1.313,2
425,4
3.631.5
1,773,1 17,986,0
3,234,2 17.74,^.P
1,678,8
6.710.9
833,9
7,481.0
250.0
Ofaase National
?lfth ATeune
BAmtB.
•
•.i,000,U
Central National
SecoddNaliont.! ... ,
Ninth National
First National
rhin) National
S. Y. Nat'l Exchange
rotal
SurplM.
$
9 467.3
40-19,0
4 21,7
13N1
6I8.9;
1,447.8
3 406.4
769,4
266.51
1766.9
.399.1
258,3
4.''>77,3
1,152,6
211,3'
303,0
421,0
144,2
280,0
746,0
111,7
624,1
lib.i
2231,Oj
3342,0l
1
720,0
SOO.Ol
226,0
147,5
135,6
720,U
29,i,S
1,732,2
858,8
Depoeit*.
s
10.610,0
9,375.0
7.024,3
7,281.0
11,2.50,1
4,767,0
9,150,6
1,821,3
24,978.7
4,332,2
4.B06.6.
2,008.3
3,327.0
1.181.7
2.326,6
1.288.3
2.690,8
14,961,0
11,6(6.6
4,488.2
7,801.6
3,179.5
11,904,0
6,937.6
2,966,1
4.534.7
14,482,7
3,064,0
3.091,3
3,678,7
4,680.2
1,653,0
3.446.0
5.737,8
5,215,6
2,060.1
30.229,7
22,611,9
2.261,1
1,097,0
17,404,0
7,256,0
5,306,0
6.417,7
21.045.6
7,788,5
1,298,7
2,780,0
3,179,5
2,649,6
11,872,3
5,097,9
3,591,7
2,901,0
3,141,6
3,326,9
3,991.5
2,084.6
6,473,1
2,368,0
4,100.0
1,164,4
8,364,9
4,011,0
61,062.7 58.464.3 402.155,3 76 900,9' 27,234,4 406,693.3
.
Cmpttai dc
Survlus.
Loans.
I
I
Specie.
Lfijals.
Devosits.-'.\''i*t-Vn\Clearim^.
United States Suh-Treasnry.— The following table shows
the receipts and payments at the Sub-Treasury in this city, as
well as the balances in the same, for each day of the week.
Balancei.
Beeeipt:
Date.
May 10
1,964,542
2,169,148
2,251,501
2,453,817
3,562,621
2,382,969
Paymenti.
2,240,914
2,444,643
2,786,493
1,820,407
2,988,431
1,995,018
Coin.
162,542,996
162,451,831
162,576,465
162,714,714
162,786,285
162,861,585
Ooin
Cert'a.\
Currency
11,331,819
11,149,745
10,505,843
10,930,610
11,390,690
11,470,007,
4,847,732
4,845,477
4,829,747
4,900,147
4,942,686
5,176,019
Auction Sales.— The foUowin g were recently sold
by Messrs. Adrian H. MuUer & Son:
at auction
"
12
" 13
" 14
" 15
" 16
Total
.
14,784.598
14.275,906
Share*.
200 42d St. & Grand St. Ferry
KR. Co
243-244
30 Morris & Essex ER. C0...15314
38Ft. W.Cm.& Louis. EK.. 45
463 Hastings & Dak. Ey. trust
2,878,2 102,623,7
2,88;s.8 113,424,1
2,919,9: 199,077,3
93,322,0 2.136,0| 74.582,0
95,315.012,130.01 79,248,4
94.ail4.ol2.12X.o'
'
Wt oiaittwaciptieTsinaUthese
d^lphla. the Item
''
due
Hqutcs.
to other bantts."
t Includlujt, tor
7:1,651.0
Boston and VhUa
—
Shares.
10 Real Estate Exchange &
Auction Eoom, Ltd... 1,335
lOONor.Am.Phon'hCo.of N.J. 65
100 Metrop. Phonograph Co. 10%
100 Universal Lasting Ma^''.^'f
3O-3OJ3
chine Co
^.^,
59
707 Min. Ceut. Ey. trust cer.. lO^a
Bonds.
1,000 Mluu. Ey. Cons. Co
S^s $3,000 N. Y. & Erie EE. 2d
50 N. Y. Prov. & Bost. EB..229>2
5s, ex. reg., 1919 (endorscd)lll
10 23d Street ER. Co
270% $4,000 N. Y. & Erie RR. 2d
22 Prov. & Stonington SS.Co.l87ia
5s,ex.coup.,1919(eudor8ed)lllJa
56 Baring Cross Bridge Co. 85
$10,000 Oswego & Rome Ist
14 Gallatin National Bank.. 3 14
7, coup., 1915 (endorsed).. .I2414
83 Bowery Bank
303%-304
$10,000 Tol. St. L. & Kan. City
58 Savannah B'k & Tr. C0...I20I2
EK. 1st mort. (unlisted)
97
200 Pheuix National Bank. 141
$10,000 N.Y. Prov. &. Bost.
14 Bank of North America.. 187
KB. Ist 7s, 1809, J&J ...
12538
50 North Kiver Bank
154>4 if32 Mich. Cent. ER. frac. l
20 National Park Bank
300
stock scrip, dated 1873.
L, „
1 Chemical N.ational B'k. 4,830
$156 63 St. L. Alt. & T. H. f ^2
1 Imp. & Traders' Nat. B'k. 552
luc. 2d mort. scrip, 1863.
100 American Exch. Nat.B'k.l63
115,000 City of Savannah, Ga.,
150 Bank of the State of N. Y.II412
5s, 1909, Q.-F
.IO4I4
200 Merchnnt's National B'k. 163
$5,000 N. Y. 68, cons. Stock
4 People's Bank
272
Dock bond, M&N
136>4<feint.
100 American Loan d Tr. C0.II414 $10,000 N. -if. 7s, cous. Stock
13 Holland Trust Co
210
City Imp., 1892, M&N...109&lnt.
15 Holland Trust Co
210
$13,000 N. Y. 6s, Ceut. Park
100 Standard Oil Trust
170
Im. stock, 1895, Q.-F.H3»4&iut.
88 Houston Gas Light Co
90
$1,000 B'klyn Cltv 6s, water
5 Iowa Laud & Ijoau Co
82
bond, 1899, J&J
123Sli&lnt
50 WoBtehester Fire Ins. Co.l73>2 $1,000 Detroit City 78, water
55 Stand'd Invest.Co. of N.J. 1
bond, 1904, F&A
134%&lnt
10 National Waterworks Co. 50
$1,000 Jersey City 78, reorg.
1 Newport Casino
!(I275
bond, 1905, JjkD
120&int
100 Wash'ton Miu.Co.,.+5ea. ) i.„
$1,000 Clevel'd City 7s, water
100Br'dsh'w.Min.Co.,^l0ea. ( *'^
bond, 1 893, .M&N
107&int.
1 Membcrs'p The .Maritime
$1,000 Butfalo City 78, City
Association of N. Y
$1
Park bond, 1924, J<&D.150ii!&mt.
1 Members'!) N. Y. Produce
Sl.OOO St. Louis County 68,
Exch'Ke (all dues paid)«860
1895, M&N
108'%41ut.
.
The Fidelty & Casualty Company of New York have
taken the second floor in the building formerly occupied and
oVned by the Mutual Life Insurance Company at the corner
of Liberty Street and Broadway.
—^Attention
called to the card of Messrs. Charles T. Wing
Chronicle. This firm makes a specialty of
investment bonds, keeping well informed in all its depart-
& Co.
ia
in to-day's
ments.
^awUtug
awtt
^iuawctal
.
.
.
.
.
I
Spencer Trask &
Co.,
BANKERS.
IVos. 16 and 18 Broad Street,
ALBANY, N. Y.: SARATOGA, N. Y:
IVeiv
Tork
City.
PROVIDE.VCB, R. I.:
TR.INSAOT \ GEXEKlt. B.lVKIiVU UL.SIXES.S.
Special
All classes of Securities Bought and Sold on Cominis.sion
attention Riven to Investment Seciu-itiea. Dh-oot wire to ea«h ottlce
and to Philadelphia. Boston and Chicago.
SPECIAL NOTICES.
ly CITY AND COUNTV BONDS OF WESTERN
Municipalities are dealt In largely by Mes.srs. 8. A. Ke vn {c Co , of
New York and ChlcaKO. The attention of Savings' Bank oHi,.'era la
called to these securities. The New York otllce is at ll.j Broadway.
EF" FIVE PER CENT 50-YE.%.R GOLD BONOS OP 'fHE
"Kanona &' Prattsburgh" EE. Co., 6 per ceut 40-yeir bonds of the
"Valley of Ohio" EE. Co. and choice municipal aud corporation bond*
paying from 3 "s to 6 per cent net, are offered and recommended as deeir^
ablelnoomelnvestmentsby Messrs. Jones& Faile, Investment Bankers,
135 Broadway, N. Y.
I
May
THE CHKONICLE.
17, ISflO.]
—
GoTernuient Bonds. Quotations are imchanged, and the
market is steady. Tlie sales to the Treasury this week
amounted to $1,514,100, of which $1,090,200 were fours.
Slue gattliers' Oia^jettje.
DI VIDBNDS>
The statement for
this
week
4H Pf
OmU
<Uu
The following dividends have recently been announced
Per
When
Book* Oloted,
Cent.
Namtof Company.
Payable.
(Daya inclusive.)
Railroad*:
Adams
JTIlMl-ellHlie<»us
Exiiroes (quar.)
May 19
June 15
I
2
3
Amerluau
Standard Gaslight pref.
to
1>4
(guar.)..
2 May 17 to June 2
1 June 8 to July 1
2 May 25 to June 2
June
July
iJune
soe,oooj
84,aoo
S4300
rrtdar
103,000
109,000
t«83,900
»488.900
notwithstanding the rough weather which prevailed. In comparison with March, 1889, the roads embraced in the table
made a gain over 1889, but a large part of the whole increase
was on the Atchison and Chicago Burlington & Quincy roads.
Owing
to the great increase in speculative transactions at
the Stock and Produce. Exchanges, there is some interest
attaching to the prices paid on the transfer of memberships, and the following comparison is made between this
month and May 1889
EXCHASGB HEMBEBSHIP8
:
May,
New Yoik Stock Exchange
New York Consolidated Stock & Petroleum Ezch.
New York 1 loduce Exchange
New York Cotton Exchange
New York Coffee Exchange
New Y'ork Ecal Estate Exch. & Auction Boom..
Boston Stock Exchange
Philadelphia Stock Exchange
May,
1889.
Exchange.
1890.
$20,500 $21,500btd
700
375
900
630
525
1,150
800
650
1,200
1,350
10,000 bid 16,500 bid
3,000 ask 2,500 bid
1,250
1,200
8s,ooo1
..
closing prices at the N. Y.
18, 1890-S P. M.
The Monej Market and Financial Situation.—The large
movement at the Stock Exchange continues to absorb the attention of financial circles, and as yet there has been no posi- 4iaa, 1891.
tive and decided halt in the activity of business or the advanc- 4i«a, 1891.
48, 1907
ing tendency of prices. Boston has been particularly enthusi. 48,1907
ae $16,000, or about $3,000 higher than a month ago.
The table of railroad net earnings for March is published
to-day in the Chronicle, and the exhibit is a very fair one,
IS.flflO
—
.
ttS.ObO
18.000
SOS.OOO
83.000
t2s,oao
. .
Tnierttt
May
Periodi
10.
This is
Coins.
M.OOO
Ufl
MOMO
244,900
946.550
US
119,700
119.; 00
U»
13S
lis
tl.090.8f0 $1,090.200
Board have been as follows
;
May
May
May
May
May
12.
13.
14.
X5.
16.
10238*103% •102% *102!%
1031a *103»» •103>» •103<«
122
122 •122 122
I
I
122
122
"116
118»a*118ia
121 ,*121
124 *124
i
122
I
- 116
•116
;
•122
•116
i
*ll8>s •118%
•121 -121
1^1^ 124
124
134
127'a* 126>3' 126H •126>a *126>«
the price bid at the morninit board no tale was made.
I
*
rtU
129
,...reg.
68,
63,
68,
6s, cur'cj,'98, ...reg. J.
68, cur'i!y,'93. ...reg.'J.
Priea
tseivooo
07.060
e7,oso
48,000
341,900
Q.-Moh, *102:<e 1023g
*
.. ..coup ;Qr-Mch. *103i8
lOSifl
...reg. Q.-Jan. *122 1* 122
..coup. u.^an. "122
122
our'cy,'95, ...reg. J. A J. "116
116
cur'cy,'9e ...reg. J. & J. •118>f* 1181a
cur'cy.'97 ...reg. J. dE J. -121
121
..
OmU tut 1807.
O/trinte.
fSM.ooo
lOSM
Total.
WALL STREET. FRIDAY. May
and the business of Wednesday
on the Boston Stock Exchange was reported as the largest
The price paid to-day for a
ever done in a single day.
membership in that Exchange is reported by our correspondent
i Per
Taesdar
Wedn'sday.
Thandsr...
The
astic over her favorite stocks,
as follows
1801.
loSH
103W
103H
108M
108X
108H
Mondar
May
May 26 May 15
Delaware & Bcmnd Br. (quar,)...
North Peiiiisylvaula (quar.)
Northern Paci Up pref. (quar,)....
is
Qferintt. Pureh'a.\Priea paid.
a>tard«T
tUfit
68^
J»
&
J.
J.
I
;
—Following are quotations in gold for various coins:
P'ine silver bars.. 1 04 3 1 05<«
•afl 90
—04 3 — 96
3 88 a 3 92 iPlve francs
4 75 ® 4 80 Mexican dollars.. — 80 ®
82
4 80 ® 4 87
Do uncoinmerc'l — 79>9a
Pesetas
SI"*
25
—75 » —76
Span. Doubloons. 15 60 ®15 75 Peruvian sols
English silver.... 4 8t « 4 88
Alex. Doubloons. 15 55 ®15 65
par a3,,prem. U.S. trade dollars — 80 3
Fine gold bars...
$4 37
Sovereigns
Napoleons
—
—
X X ReioUmarkg.
State and Railroad Bonds.
—There
ha.s
been some demand
for Va. 6s def tr. rects. this week at the Exchange, at higher
figures, the total sales being $80,000 at 114®
the other
transactions were $10,000 Ga. 7s, gold, at 102
$10,000 So.
Car. non-fund. 6s. at 4 $1,000 Tenn. comp., at 79"^ $20,000
Tenn. sett. 3s, at U%@lh.
In the railroad and miscellaneous bond department the
transactions both for investment and speculation are on the
the differlarge scale that has characterized dealings of late
ent income issues liave furnished a large part of the business,
.
%%
;
;
;
;
;
&
&
the Atchison, Atlantic
Pac, Tex.
Pac. and Readings
leading in activity at higher figures. There has also been a
P. 2nd8.
good demand for Wabash 2nds and West. N. Y.
The
annoimcement of the St. L.
I. M. plan of providing for the
Cairo
Ful. bonds, due Jan., 1891, caused activity for a time in
the con. Ss, which have advanced to 94J-^, from 92J^ last Friday.
,
&
&
&
—
Railroad and Miscellaneons Stoclc*. The business in
The open market rates for call loans during the week on stocks continues on a very large scale and the market haa
stock and bond collaterals have ranged from 2 to 15 per cent, shown no downward turn that could be called a material reacLondon is still a buyer, and the Boston stocks
with 5 per cent as a fiiir average. Prime commercial paper is tion.
Atchison,
New Eiigland and Mex. Cent. have been
quoted at 51,^0 6 p. c.
The Bank of England weekly statement on Thursday showed bought in that city and here with great persistency. The
a loss in sp'ecie of £54,000, and the percentage of reserve to business in Boston on Wednesday was reported as the largest
for a single day ever done at their Exchange. The grangers
liabilities was 41-97, against 41'49 last week; the discount rate
remains unchanged at 3 per cent. The Bank of France gained are necessarily affected by the failure of the Western managers to come to terms, but the coalers are strong, Del. &
6,750,000 francs m gold and 1,025,000 francs in silver.
The New York Clearing House banks in their statement of Hudson reaching 175 on Wednesday and closing to-day at 1723^.
May 10 showed a decrease in the surplus reserve of $1,641,750, The issue of $5,000,000 bonds to the Lack, by the leased roaid
Chicago Board of Trade
—
the total surplus being $1,486,975, against $3,128,725 the previous week.
1890.
May
Capital
;
Burplus
Loans and
I
dlsc'ts
Circulation
Netdepoaits
Specie
Legaltendcra
Reserve held
Legal reserve
Bnrplus reserve
:
Diffcren'sfrom
Prev. week.
10.
61,062,700
58,464,300
402,155,300
3,727,700
406,593.300
73.900,000
27,234,400
103,135.300
1888.
1889.
|
May
May
11.
12.
60,762,700 60,7<12.700
53,452,7001 50,3Hl,.''i()0
Inc ,2,382.900 416,930,.500 364,372,000
Inc
48,200'
4,024,200
7,800,000
Inc. 531,800 441,06 ),300 388,131,700
Dec,2,039,400 80,013,800 84,188,100
Inc
530,600! 39,104,100| 33,016,500
i
.
,
Dec.l,5O8,8OO119,117,9O0'll9.234,6O0
1101,648,325 Inc, 132,950 110,267,325| 97,037,9-'3
,|
1,486,975 Dec.l.641,750!
8,850,575| 22,196,673
—
Foreign Exchange. Exchange was quiet, with no special
feature until Thursday, when there was more doing at lower
rates.
The posted rates to-day are 4 84i^ ct 4 85 and 4 86i<'^
4 87, and actual rates are Bankers' 60 days' sterling, 4 SS-li®
4 84 demand, 4 85i^@4 86 cables, 4 853^@4 86]^.
The posted rates of leading bankers for foreign exchange are
:
;
;
as follows
May
16,
Dentand.
Sixty Dayt.
Prime bankers' .sterling bills on London. 4 841^34 85 4 86iaa4 87
Prime commerciaV
48234*4 83
Documentary commerclaJ
482>2*4 82\l
Paris (fraucK)
,
5 1938^5 18% 5 17>9a5 16'8
Anisteniam (guilders)
40'4Jf405„
40iie®40'«
Frankfort or Bremen (relchmarks).
95i9S>95°8
05 «95is
I
I
&
(N. Y. L.
W.), to cover advances, has also strengthened that
stock. Two of the most active stocks of the week were
Chicago Gas and Mo. Pac. One report has it that the large
Phila. interest is attempting to secure control of Chicago Gas,
and another that the Standard Oil parties have gained control
and the price advanced to 65 yesterday from 58 Jg last Friday^
closing to-day at 625g. Laclede Gas and Consol. Gas have also
advanced, the latter to 107 from 100}.^ last week, closing at
105^. Several influences have affected the Mex. Cent.
the proposed arrangements regarding the subsidy, the
pending silver bill (which would increase the value of
the favorable views of the property
its earnings) and
expressed by Mr. Gould, and the stock has been quite
active, closing at 28, against 255g last week.
Richmond
& W. P. Ter. advanced on large sales, under the report that
the company was trying to get control of the B. & O., which
is denied in Baltimore.
Pacific and Canada .Southern
Texas
have had spurts of activity, and Big Four has figured more
largely in the dealings than for some time past. The San
Franciscos have advanced several points and U. S. Express
has recovered to 80.
To-day Atchison was weaker, and Oregon Trans-Con., Reading and Union Pacific were strong and advancing.
Sugar Trust has continued its large transactions of last week
(reaching 90 yesterday); Lead followed in point of activity,
and Cotton Oil Trust receipts were fairly represented on Wed-
&
&
nesday and Thursday. The Chic.
At. beneficial cert, have
also developed a fair business and have advanced to 14, and
on Tuesday there was more doing in Distillers' Trust. Closing
prices are as follows: Sugar 'il%, against 82}^ last week; Lead
23%, against Z\%; Cotton Oil Trust receipts 33}^, against
31^; Pipe Lines 87S^, against 84%.
The dealings in silver bullion certificates were $60,000 on
Saturday at lOociilOoa^; 8175,000 Mondav at 104>^®104;g;
8155,0(X) Tuesday at 105(oc 105',;^^; $52,000 Wednesday at \QAli®
105; $190,000 Thursday at 104jk(ail0o; $100,000 to-day at 105O
The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day: Savarmah, buying
par, selling \i@'4 premium; New Orleans, commercial, 25c.
premium; bank, $1 premiimi; Charleston, buying par, selling
^©M premium; St. Louis, 90c. per $1,000 premium; Chicago,
40a60c. per $1,000 premium.
105M;
total $7.33,000 at"
104^® 105^.
THE CHROMOLR
6S0
«rOCKS— PRICES AT
STOCKS.
M. T.
Active RR. Stocks.
AtoUson Top. & Santa Fe
Canadian
STOCK EKCHANSE FOft WEEK EMDINtt SIAV
KIGBBST AND LOWEST PRICES
Saturday,
May
44>s
Central or New Jersey
Central Paoiflc
Chesapeake &0.—Vot.Tr.oert.
Do
do lutprof..
Do
do 2dpref...
ChlcaKoBnrlhiKlon&tJuiucy.
ChicaKo it Eastern Illinoln...
Do
45>8
pref.
Monday,
May
12.
Tuesday,
May
46% 4579
79% 70%
59% 59%
124% 124
34% -34%
25% 24%
65% 65
43% 43%
108% 10778
4014
39%
87% 87% 89
45
79
58%
SSHi 59
1241a 124»s 124
84%
*34>a 3512
24% 24'8 24%
65^ 6578 65%
43%
4379 43''8
tl09 IIII2 108
39%
40>e 40%
-87
7B>8
prcf . .
CUoaKoMilwaukee&Bt.Fanl.
Do
10.
78% 79
I'ucitlc
Canada Southern
88
76''6
75 14
76 14
121% 121% 120% 121
75
120
13.
& NortUwesteru
prcf.
Do
Chttcftco Rock Island APacltlc.
.
.
•87
76% 77%
120% 121%
11478 113%
147% 147%
05% 96%
"17% 18
•.»178 52%
35% 36%
100% 100%
.
.
Mobile
& Ohio
1838
7914
1898
76% 78% t75% 77%
18% 18% 17% 17%
'102
107
4Ia3hv.Cliattauooi?a& St.Ix>uts -102 107
Kew York Central & Hudson, 109 10918 109 IO914
17»8 17i>8
17% 18
tfew York Ohio. & St. Louis.
.
Do
Do
73
40
1st pref.
pref.
2d
28I4
•66
Wew York Lake Erie & West'n
Do
pref.
Kew York & New Eneland.
Hew York Ontario & West.
Kew York Suequehan. & West.
Do
Jforfolk
74% 74%
4OI4
28'>s
67
49% 5058
20% 21
. .
.
74
411a
.
8%
9
34%
23% 23%
3414
pref.
&We8tem
40 14
28% 28%
66 14 66%
49% 5078
21% 21%
8^8
878
34%
24% 24%
65% 65%
35% 36%
8234 83%
23% 2378
34 14
6514 65I2
aS's 3638
8278 8314
Do
pref
Ohio & Mississippi
231a 24
OreKon R y & Navijcatlon Co. IO614 IO6I4 106 106
50«4 51%
52
OreBon Sh. L. & Utah North.. 52
Oregon cfe Trans-Continental.. 4278 43% 42% 43%
23 14 23 14
Peoria Decatur & Evansville.
2309 23%
Phila.ife Read.Vot. Trust. Cert.
4314 4373
43% 44
24%
Biohmond&WestP't Terminal 2418 24=8 24
Do
pref
northern Pacific
Do
84
30
. .
Union Paci he
Union Pacific Denver & Gulf
Wabash
84
116
31
55
103
pref.
Rome Watcrtown itOedensbg
& San Francisco
Do
pref.
Do
1st pref.
St. Paul & Duluth, com
et. Paul Minn. & Manitoba
Southern PaciHc Co
Texas* Paeiflc
Tol. Ann Arbor &N.M
et. Louis
103
'
3718
55I3
37%
II314II314
35% 36
22»8
3878
6578
23%
38
38«8
39
66%
Wheeling
& Lake Erie
Do
do
pref.
Wisconsin Central Co
tniHCellaiieous Stocks.
Chicago Gas Trust
Colorado Coal & Iron
Commercial Cable Co
Consolidated Gas Co
Kdison General Electric
Laclede Gas (St. Louis)
Oreuon linprovement Co
Pacific Mail
Pnllniaii Palace Car Co . . .
Silver Bullion Certificates
Tennessee Coal St Iron
Do
do
pref.
Western Union TeleTraph
Trust Stock*,
.
(Unlisted.).
Cof. Oil Trust receipts.
Distillers' <fe Cattle F. Trust..
Amor.
National Lead Trust
Pipe Line Certliicatcsj
€tigar Refineries Co
Hxpress Stocks.
Adams
American
United States
Wells. F.ireo
37%
14%
30%
39%
77%
31%
57% 58%
51% 5178
104
103
31%
41
78%
32%
88
78% 79
100
100
88
102
105
103
86% 86% 86
19
1978
86%
35
25%
63%
4414
109%
40
88
18
100
78%
90% 100
25
25%
78
20%
55% 56%
20
10% 11
•79
2478
'116
117%
19% 19% 19%
66% 67% 60%
110% 111% 111
•00% 92
01
0178 92%
01%
116
45
115
45
44
113% 113
99% 100% 100
05% 95% 94
114% 114% 114
16% 17
17
76% 77%
18% 18%
107
737a
80
25%
117%
1078
67
111%
01%
02%
47
116%
100%
06
114
17
7773
18% 18%
103
104
107
105
105
65
64% 63
61% 63%
51% 51% 51% 51% 51% 51%
'103 104% 103% 103% 104 104
103 104% 104% 105% 105% 10714
85% 86%
86% 87
102
86
1,
1800.
Lowest.
Shares.
Highest.
If)
62
104
1890.
Week,
5973
25% 25%
175
173% 174%
147% 148% 147% 147%
53% 66%
10% 10%
70
79%
25% 25%
1,
477g
6O34
12778
•51% 53
36
36%
'
16.
JAN.
Range Since Jan.
Sales
of the
49% 240,070 30% .Tan. 15 50% May
80% 80% 5,273 71% Mar. 19 81% May
60% 49.410 52 Feb. 27 60% May
126% 127
9,100 113% Feb. 4 128% May
35% 36 '4
670 30 Mar. 27 35% May
2134 10,2«O 22% Feb. 24 27% Jan.
24%
64% 63% 4,433 58 Mar. 1 ^&'-H May
3,806 37% Feb. 21 45% Jan.
43% 44
9,715 101% Feb. 21 111% May
108% 109
3S
38% 4,600 26% Feb. 3 40% May
87
300 70 Feb. 3 89 May
87
76% 77% 137,782 66% Mar. 4 77% May
120% 121% 8,383 112% Apr.
123 May
115% 11573 21,322 107 Feb. 21 11579 May
•147
140
530 140 Feb. 5 148 May
95% 96% 44,608 88% Feb. 19 98% Jan.
•17
17%
100 1.5%.Tan. 16 13% Feb.
•50% 53
43% Jan. 13 53 Feb.
36
36% 7.686 31 M«r. 6 3678 May
350 92 Feb. 10 1007^ May
7878 75,308 66% Fob. 21 79% May
78
09% 99% 7,055 96 Feb. 17 101 May
25
25% 3,4 JO 13% .Ian. 13 26 May
173 173% J 4.153 147 Jan. 2 175 May
147% 148% 88,885 X 13 4% Apr. 2 148% May
20% 4,247 14% Apr. 1 20% May
20^
53^ 56
3,4K2 45 Mar. 26 56% May
10% 1078 13,635 8% Apr. 14 11 May
78
78
2,273 67 Jan. 6 70% May
25 14
25
8,338 20% Jan. 20 25% May
•116
117%
123 114 Feb. 20 120 Jan.
19% 19% 5,795 17 Feb. 28 1973 May
66% 66% 8,740 62 Mar. 1 03 Jan.
111% 112
32,505 104% Jan. 15 112 May
•90% 92
1,562 86 Mar. 5 02 May
91% 92
29,015 82% Feb. 24 92% May
44
44
400 37 Jan. 13 54% Mar.
115% 117
10,700 100 Jan. 14 117 May
100 100
2,510 92 Mar. 4 100% May
96
96
110 0178 Mar. 3 104 Jan.
'113% 114%
695 108 Apr. 8 117 Jan.
1634 17
7,395
9% Apr. 23 17 May
76% 77% 91,020 60% Apr. 11 7914 May
•17
18% 1,553 13 Jan. 7 18% May
50%
81%
170
102
60% 62
51% 51%
104% 103% 103%
104
May
15.
76% 77%
17%
AND SINCE
Friday,
120% 121%
113% 11578
146 149
95% 06%
100% 10078 101 103
102% 103 14
IO414 104 14 104% 104%
104% 104 104
104
"25% 27% 27% 28% 27
2414 2514
25% 26
34
52% 53
54
51
52% 53
53% 51%
43% 45
43% 44
44% 46% 45% 46% 4473
191% 192% 102% I9314 19:!% 19278 192% 102% 102%
105 105% 104% 105% 104 105% 104% 105
104%
5II4 52%
51% 53% 53% 53
54% 56% 55%
100 102
Jan.
232,473
7,135'
15
15
15
14
1
2
7
9
10
10
13
14
5
10
6
4
26
26
10
10
12
12
9
14
14
15
15
15
J5
14
31
15
31
16
8
5
10
16
12
23
23
14
10
15
6 105 Apr. 22
19 110 May 1
18i4Jan. 27
24
7
21
12
31
7
11
25
2'
28
14
13
19
11
11
28
73
May 5
67
Apr. 28
42% May 5
28% May 10
52% May 16
22% May 15
May 10
34% May 11
2179 May 6
6378 May 15
36% May 9
S3% May 11
2479 May 14
108%
56
Apr. 24
Jan. 2
May
24 May
46% May
21 26 14 May
18 87 May
16
3
16
15
14
17 JlSSlMay 3
4573
17
13
36% Mav 15
27 67 May 15
11 105% May 15
18 38 May 12
12 115 Jan. 9
5 37% Apr. 22
12 23% May 12
4 30 May 9
7 6878 Jan. 28
24 38% May 8
25 15 May 12
11 31% May 14
11 42% May 16
24 75% May 12
17 36% Jan. 10
11
41% Mar.
39% Jan.
65
52%
May
15
Apr. 17
May 6
107% May 16
350 101% Apr.
10,773 02 Jan.
104
104% 104% 103% 2,837 92% li-cb.
28% 27
27% 31,405 13 Apr.
106
Feb. 23
107
89
119
87
14
12
13
16
Apr. 25
Jan. 7
Jan. 27
May 14
43% Mar.
36% Feb,
54
3179
45%
45% 46
18.795
103% 104
200
10,C9i)
105
38
105
87
105%
7J2,000'
33
19,339
103
170
105
55
•102
5178
005
187
Feb.
97% Jan.
43% Mar.
06
Mar.
x81%Mar.
3573
86%
43,981
3278
33%
31,487! 24
42
43
24
28% May
54 May
46% May
200 May
1
31
39
31%
30% 31%
3078
39
39
2173
22=8
22% 22%
S5% 86%
80% 82%
30% 43%
217a 22%
83% 86%
82% 86i(
84% 85%
81
82%
151 156
150
Inactive Stocks.
&
104
37%
13
May
16,
108% 10378 109 109% 10878 109% 10373 109% 3,805 106 Feb.
17% 17% 17% 1776 17% 1^% 17% 17'8 4,473 16 Feb.
•73
•73
-73% 74
•73% 74
74%
74
540 70 Jan.
•40% 41
41
41
41
41
40% 41%
600 36 Fob.
28
28% 28% 28% 28% 28% 28% 28% 14,000 23% Apr.
•66% 68%
-66%
393 50 Mar.
67
67
49% 50% 50% 50% 51
52% 5078 52 14 66,090 43% Jan.
21% 22
21% 2
21% 2214 21% 2178 22,208 17% Mar.
•8% 9
878
878
873
8% 878 1,605 6% Mar.
34 Hi
33% 1,850 27 Feb.
34% 34% 34
33% 33% 33
24
23% 24
23% 23% 23% 23% 24
1,533 19% Mar.
65
65
65% 63% 6573 6578 63% 63% 1.680 30% Apr.
35% 35% 3373 36% 35% 36% 35% 36% 21,82.0 30 Jan.
82% 83
83% 83% 82% 83% 82% 83% 17,400 71% Mar.
23% 24% 21% 2473 24% 24% 24% 24% 4,810 10% Apr.
106 106
103% 105% 103% 106% 106 106
1,050 07% Apr.
50% 51% 51% 51% 50% 52
51% 32% 3.303 43 Feb.
4 3%
42% 43% 43
42% 44% 44% 4573 81,07 33% Jan2314 -23
23
23
23% 22% 23% 23
1,800 16% Jan.
43
44
44
45% 44% 45% 45% 46% 187.250 35% Jan.
24% 25% 25% 26% 23% 26% 24% 25% 162,2401 20 Feb.
84
86
85% 8,743 76 Jan.
86
87
85% 86% 84
115 115% '115 116%
230 104 Feb.
115% 115% '114 113
31
32
34% 36% 34% 38% 34% 35% 9,135 16 Jan.
58
61
64
63% 67
64
64% 11,530 36% Jan.
61
103% 103% '103 105
350 87% Feb.
105% 105%
3678 36 7(
340 31% Jan.
113% 114
1,015 110 Apr.
114 114
113% 113% •113% 115
3579
35
33% 33% 36% 35
35% 35
6,000 20% Mar.
22% 23% 2278 23% 22% 23% 22% 23
51,540 10% Apr,
38% 30
38% 3878 38% 38% 38% 3878 3.100 30% Jan,
68 110.170 61% Apr,
64% 65% 66
66% 65% 66% 67
7 327 36% Apr.
37
37% 37% 38% 3634 38% 37% 38
14% 14% 14% 14% 14% 14% 14% 14% Toil 12 12 Feb.
30% 3078 31
31% 30% 31% 3ti78 31% 2;.,610 25 Apr
39 '8 40% 40% 41% 41
4178
41% 42% 15.514 30% Jan.
7773
Feb.
77
6,425; 67
77% 77% 77% 77% 77% 77
32
32
31%
3178 32%
32% 31% 32% 13,153 28 Feb.
59% 61%
31
51%
*116
75
-140
& Co
84
115%
30
31%
54
57%
103 103
38
38
II314II4I4
35 % 35%
23
23%
39
39
65% 68
14%
30% 31%
40% 41%
77% 77%
3214 33%
1414
Vr'abash, preferred
84
111
Thursday,
14.
89
.
784
May
76%
I2OI4
146»3l50
AUssouri Pacific
Wednesday,
47% 48% 49% 48%
70% 80% 81
80%
60% 5979 60% 59%
125% 125% 128% 126
35% 34% 34% •34%
2478
24% 25% 25
64% 65% 65
65
4373
43% 44
43
108% 108% 100% 108%
40
39% 40
39%
115'4ll£'8 114%115i4 114%1147e
146 150
146 150
94I4 95%
»63g
94% 95%
06
*17
18
17% 17%
Lonls & PlttsbnrK- *17is 18
Chlcaeo St.
*51
32
52
*oO
52
pref. *50
Do
36i« 36'8
35% 36% 35% 35%
Paul Mm. A Om.
ChicaKo St.
100% *99 101
pref. lOO's lOO'e *99
Do
76 13 78
7878
77% 79% 78
Cleve. Cinoin. CUlc. & St. L...
99
99% 99% 101
99% 99%
pref.
Do
25% 26
25% 25%
CoIumhusHocklngVal. &Tol. 23% 26
164 164>4 164% 168
167% 171
Delaware & Hudson Canal
Delaware Lack.iwanna«We8t 146"8l47i8 146% 147% 14634 148%
18% 18% 18% 18%
181s 18i«
Denver & Sio Grande
5414 54I2
34
34% 54
54%
Do
pref.
9% 9%
9% 9%
97a 10%
East Tennessee Ya. & Ga
*76i3 771a
78
79
77% 78
Do
Ist pref.
2413 24%
24% 24% 24% 25%
Do
2d pref.
116 118
117 117%
117 117
Illinois Central
19ie 19%
I914
1878 19
19
Ziake Erie & Western
66 14
65% 68%
65% 661a 66
Do
oref
Iiake Shore & Mich. Southern. 110iallli4 110% 111% 110% 111%
•90I3 91%
-00% 01%
91
91
liOnK Islaud
91»8 92
91% 92% 91
91%
IJonl8Tille& Naahville
-43
47
48
46% 46% 47
tiOuis. New Alt. & Chicago
Manhattan Elevated, cohso!.. 116 116% 115% 116% 114% 115
100 100
99% 100% 00% 100%
Michitjan Central
•94
•94
•95
96
96
96
Blilwaukee Lake 8h. & West.
114 114%
Do
pref. *114
1141a 114 114
I6I3 16%
16% 16% 18% 16%
JIo. K. & Tex.. 2d ass'nt paid
Chlcajco
rvoL. L,
120
75
X46
116
76
39
156
120
76
•150
31
156
3078 33
4473 43
22% 24%
86% 87%
86% 89
156
118%118i4 118% 120
•75
76
78
80
•142 148
142 146
'150
32% 33%
42
43%
23% 24%
86% 88
3573
2273
86% 87%
86
88%
90
150
118
•76
156
121
80
145% 146
149 155
'117% 120
•76
80
'143
150
6,510
215.020;
r, 242,000
295,913
Feb.
36% Mar.
16% Feb.
79% Apr.
50
150
Jan.
Mar. 19
130 113% Jan. 4
1S3 70 Apr. 14
150 135 Jan. 7
33% May
43% May
24% May
108% Jan.
90 May
156
120
90
146
16
13
13
21
IS
Jan. 31
May 14
Jan. 31
Apr. 30
805
4% Feb.
9% May 15
8% 9
8% 9%
9% 9%
133 Jan. 24
129 Mar.
130 135 •128 133
128 135
14% May 13
22,0381
6% Feb.
1378 14%
14%
14% 14% 14% 14% 14
CiiUimbus & Hocktug Coal ...
29% May 16
29% 8,060 15 Jan.
26% 26% 26% 27
28
27
28
Evansville & Terre Haute
'124 125
124 124 •124 125
125 May 8
Jan.
500; 96
124 124% •120 124 •120 124
Flint
Pcre Marquette
-37% 38
2,020' 25% Mar.
36% 37
30% May 2
37
36% 36% 37
38
36% 38% •36
Gt Northern, pref. (unlisted) 81 SlTg 81% 8178 81% 82% 8178 82% 82 82% 81% 83
5.068' 71
Feb 19 83 May 16
lUexicau Central
25% 26
26
26% 25% 26I4 26% 28% 2773 29% 27% 2878 63,025 1773 Feb. 18 29% May 15
Aew York New Hav. Hart! •255
•255
'233
22 244% Jan. 10,260 May 9
'235 260
237 257 '260 ....
Bio Grande Western
24% 2478 24% 2478 24
2479
23% 23% 4,025 15% Feb. 27 2473 May 10
24% 24% 2473 24
I*»
pref.
33
53
53
1,474 40 Mar. 3I 53% May 14
53% 51% 51% 52% 53% 53% 53% 53% 53%
_, ^
it. L. Ark. & Tex., 3d ass't pd.
14
14% 14% 14% 14
14
11,030 12% May 6| 1473 May 9
14
14% 14
14%,
Texas & Pacific Land Trust.. 22% 2278 21% 22% 2178 14
22% 3,768 18% Apr. 21I 23% Jan. 27
22% 22% 22%' 22% 22%- •22
* These are the prices bid and asked; uo sale made
Lowest is ex rights.
at the Board. J Prices from both Exchanges
Atlantic
Pacific
& Alton
& Atl. Benef. Tr. Reo...
Chicago
Chic.
8%
'132
8%
135
11% 12%
25% 26%
8%
'132%
8%
12% 14
26
26%
8%
132
8%
135
I
<fe
<]c
I
i
Mat
THE CHRONICLE.
17, 1880.J
INACTITE STOCKS—Onotations
Bid.
DesM.AF.O.pf
27
Flint&P.M.pf 102
Hous.ATex.C.
7
Dl.CMoasedrs. * 09
• 11J«
Iowa Cent
77>« 80
do.
prof.
31
35
28
4
Keok. & Den M.
a
6
pref.
9
do.
3
^•^
5^ Kings. APemb* 10
155 "35" Mah.C.R'y,pf. 112
Mar.H.A Ont'n
34
8% 914 lM.H.&0.,pref i* 87
Alb'ny &Siiaq. 170 180
BelL&So. Ill.pf 120
BoB.Alrl'incpf I0413
Buff.K.&PittH.
40
35
Bnrl.C.K.&No.
Ced.F. &Mlnn.
Cln.W.&B.Tstr
pref.
do.
Plto.iru..
OLA
CoL&Ore'ii.pf.
DesM. AFt.r).
.
ids" Mer. Nat.
SltLBOAD AMD MiSCEL. BONDS.
AtTop.&S.Fc— 100-y'r 48,1989
1989
lOO-ycar income 5»
Atl. <S Pac— W. D. inc., 68, 1910
Guar., 4a, 1937
May 9
& St.
67%
— l8t,Gs,gold,1925 IIOI2
Eliz. Lex. &Blg8an.— 68, 1902. 95iab.
Denv. C— Ist, Gs, 1921 109 13
Ft. W.
83% Mar.
54% Feb
110
b.
95iaa.
109
ii.
Gal H.&SanAnt.— W.Dlv.l8t,58
Han. & St. Jos.— Cons. 6s, 1911
Illinois Central— 48
1952
Int. & Gt. No.— 1st, 68, gold, 1919
Coupon, Gs, 1909, trust rec.
Iowa Central— 1st os, 1938
Kentucky Cent.-Gold 4, 1987.
Kings Co.El.—lst,eer.A, 5s,1925
I^aciede Gas— Ist, os
1919
L. Erie & West.— 1st, g., 5s, 1937
101 b. 101
115
115%b.
86
85%
89 14
9018
84%
8408
10414b. 104'4b
87»8
871a
112 b.
Lake8hore.-Con.CT).,lst,7s,1900 125 b, 126 b,
Consol. coup., 2a, 78, 1903
126 b. 1271a
Long Island- Ist, con., Ss, 1931
General mort., 48, 1938
96
"oeiaa.
IjOqIsv. <St Nash v.— Con., 7s, 1898 116
116 b
N. O. & Mob.— Ist, 68, 1930. 119iab.:121 b.
do.
2d, 68, 1930
E. H. & N.— 1st, 68, 1919....
114 b.'lloi4b.
General, 68, 1930
llSiab. 116i2b.
60-year 58, 1937
106 b
Collat. trust 5s, 1931
Louis. N. A. &Ch.— Ist, 6s, 1916 118 b.llisiab.
Consol., gold, 6s, 1916
iO-2i3
101%
Loni8.8t.L.(S: Xex.,lst g.68. 1917 98
98 a.
Metro. Elevated— 1st, 6s, 1908. 1161a Il5%b.
2d, 6s, 1899
106 b. 107
Hlcb. Cent.- 1st, con., 78, 1902. 125
124iab.
Consol., 5s, 1902
JIU. Lake Sh. & W.— Ist, 6s, 1921 122
110
121
b.
Conv. debenture, 5s, 1907
Exteu. & Imp. B.f.,58, 1929... 1031a
Mllw. cV North.— M. L., 68, 1910 limb.
1st, Con., 6s, 1913
lll»8b.
Mo.K.&T.— New4s, when issued SI
New 2d 5s, when issued.
b.
b.
103%b.
1031a
111 lab.
112 b.
79%
55%
54^9
88
87
7513
.
116
llOiaa.
Mo. Pacitlc— Ist, con., Gs, 1920 109
110
3d,7B, 1906
116 b. lieiab.
Pac. of Mo.— Ist, ext., 48, 1938 99 %b. 99%
admort.,78, 1891
"Mobile & Ohio—New, 68. 1927 115i2b.lll5>flb.
General mort., 48, 1938
63
63
Consol., Gs, 19J0, trust rec.
Consol., 58, 1920, trust rec.
Con., 78, 1904-5-6
.
I
Note- The
N. T.
letter "\>" indicates price bid,
1.
6«4
(7^
8t.Jo.&Od.I«l.
ii*^
.
7
24
29
7^
pref. 100
Hoiue«. Mlu's-j*
9>a
do.
8t.L.AltAT.U.
pref.
do.
1
.Laclede Uaa.pf
South Car. R'v,*
30
87% May
7014 May
23 May
82 May
110
100
122
128
113%
116
105
110
Feb.
Jan.
Jan.
Feb.
Apr.
Jan.
Apr.
Feb.
116% Mar.
102'8 Mar.
118 Feb.
103% Apr.
72 Apr.
77
May
113% Jan.
127% Mar.
105 's Apr.
95 Jan.
94 14 Apr.
118 Jan.
121% Jan.
100
Jan.
98% May
129% May
115% May
118% Apr.
May
103% May
104% May
109
105
96%
144
129
117
110%
112
108%
Jan.
Apr.
Jan.
May
Feb.
Feb.
Apr.
Fob.
Apr.
100
95 14 Mar.
131% May
106
Apr.
104% Mar.
123% May
97
135
124
108
83
Jan.
Feb.
May
Jan.
May
88 14 May
119 Feb.
8314 Apr.
Jan.
100
39% May
102=8 Mar.
101
108
May
Apr.
108% Jan. 112 Mar.
90% Apr. Iu4 Jan.
103% Feb. 110 May
93 May
95% Apr.
117% Mar 121 Feb.
100>4 Apr. 102 14 Mar.
IO914 Jan. 11614 May
73i4Jan.
8714 May
85 Jan.
90% May
83% Apr. 85 Jan.
103% Mar. 105 Jan.
81 Mar. 89 May
109 Apr. ll2i4May
124 Jan. 126% May
123% Jan. 127% May
115% Mar. 117i4Jau.
95% Apr. 99 Jan.
115 Jan. 119% Mar.
II514 Jan. 120 May
106 Jan. 110% Feb.
113 Jan. 116 May
113 Jan. 116% May
105% Jan. 106 Jan.
104% Jan. 110 Feb.
114% Jan. 119 Feb.
95% Apr. 105 Jan.
97 14 Feb. 101 Jan.
112 Jan. 117 May
105''8 Feb. 110
Apr.
125 May 129 Apr.
110 May 111% Mar.
121 Feb. 125 Apr.
lOO's Apr. 104% Jan.
101 Jan. IO514 Jan.
IIOI4 Feb. 111% Feb.
108% Feb. llli4.May
75% Mar. 81% May
43% Apr. 55''8 May
72% Jan. 88% May
61% Jan. 76 May
110% Jan. 116 Apr.
109 May 113 Apr.
114% Jan. 120 Apr.
98% Jan. 101% Jan.
I0II4 Jan 103 Mar.
115% Jan. 117 Apr.
5714 Jan.
65% Jan.
and "a" price a»ked;
j
do.
7
Nash. Ch.
& 8t
5s, 1893
N. Y. C.
U.— 1st, op., 78, 1903
Deb'nt're, 5s, coup. , '84, 1 904
&
101%
130
Higkeit.
I
Hay 103% Apb
N. Y. Chic. & St. L.— Ist, 48, 1937
N. Y. Elevated— 1st, 7s, 1906...
N. Y. Lack. & W.— Ist, 68, 1921.
Construction, 58, 1923
N.Y. L.E. & W.—l8t,oon. 78,1920
Long Dock,
7s, 1 893
Consol. 68, 1935
2d consol. 6s, 1969
N. Y. Ont. & \V.— 1st, 6s, 1914..
Consol. 1st, g. 58, 1939
N. Y. 8u8. <k W.— 1st ref ., 5s, 1937
Midland of N. J.— 1st, 6s, 1910
'130% Jan. 132 Mar
110 Mar. 113% Hay
125% Jan. 128 Apr.
93 b. 03% Jan.
97 Jan.
115%b. 113 Mar. 116 Mar
134 b. 132% Jan. 134% Apr.
110 b. 111% Feb. 111% FeM
133%b, 134% Apr. 139% Jan!
110 b. 108% Jan. |lIO%Mai.
lig%b. 119 May 122% Jan.
105
98% Mar. 105 Apr.
112 b. 110% Mar. 113% Feb.
100%
96 Mar. 100% May
101
96% Apr. 101 Mar
114%b. 113 Anr. 118 Febk
07%
95 M^r. 98 May
b. il30>4b.
113
N.Y.&Harlem— l8t,7s,reg.,iyOO 124
94
115%b.
13414b.
110 b.
133 %b.
110>4b.
119
104
111%
99
b.
100%
114
b.
11714b.
113%b.
lll%b.
110
112%a.
83 %a.
.
Ohio Soutnem- 1st, Gs, 1921
2d, Income, 6s, 1921
109 b.
59%b.
77 b.
...
60%
77
105
48, 1937..
Oregon Imp. Co.— 1st, 68, 1910.
Ore. R. &Nav. Co.— Ist, Os, 1909
Consol., 58, 1925
Oregon ATranscon' 1—68, 1922.
Penn. Co.—4%s, coupon, 1921.
Peo.Dec. &Evans.— l8t,6s, 1920
Evansv. Div.— Ist, 68, 1920...
2d mort., 5s, 1926
Phila. & Read.- Gen. 4s, 1958..
1st pref. income 53, 1958
2d pref Income 5s, 1958
3d i>ref. Income 58, 1958
Plttsb. & West.— 1st, g., 4s, 1917
Rich. & Dan v.— Con., 63, 1915
Consol. gold, 58, 1936
Rich.& W.P.Ter.— Trust 6s, 1897
Con. 1st <fe col. tru3t, 58, 1914
Rio G. Western— 1st, 48
1939
R.W.&Ogd.— Con.,ext,53, 1922
b.
125%
b.
Norf. & W.— 100-year 5s. ..1990 9758
North. Pac.— 1st, coup., 6s, 1921 11714
General, 2d, coup., 1933 ...
General, 3d, coup. 6s, 1937 .
North Pac.&Mon.— Ist, 6s, 1938 11014b.
No. Pac. Ter. Co.— Ist, 6s, 1933. 112 a.
Ohio Ind. & West- 1st, 5s, rec.
Ohio & Miss.— Consol., 78, 1898. 116 b.
b.
105%
56%
53'9
43%
45
May
118
114% Feb.
113% May
110% Apr.
112% Apr.
84%
Febw
116% May
110
Mar. 61
73% Jan.
101% Jan.
36
80
115%
Mar.
May
77% May
105% May
56% May
Mar.
Mar.
Feb.
Jan.
Apr.
49
83
118
Jan.
May
May
90
88%b. 87%
91% Feb.
100 b lOO's
98%M^r. 103 Jan.
8214
82
77 14
77%
110 a. 109 a.
St. Jos. & Gr. I3l.— Ist, 6s, 1925. 105
b. 106%
St L. Alt <Ss T. H.— 1st, 78, 1894 lll%b. 112 b.
2d, mort., pref., 7s, 1894
109 b.
8t.L.Ark.&Tex.— lat,6s, t'st rec. 97
93 %b.
2d, 68, 1936, trust rec
32
31
St L. & Iron Mt— 1st 78, 1892. 104%b. 104%b.
106i4b.
2dmort,78, 1897
Cairo & Fulton— Ist, 78, 1891. lOlSfib. 102%
Cairo Ark. &Te.x.— Ist 78,1897 105 b. 105 b.
Gen. U'y & land gr., 58, 1931. 92%
94%
St L. & San Fr.—68, CI. A, 1906 113 b. 113%b
6s, Class B, 1906
113 b. 113 b.
68, Class C, 1906
112%b. 112%b.
General mort., 6a, 1931
112% 113%b.
8. P. M. i M.— Dak.Ext., 68, 1910 120 a.
Ist consol., Gs, 1933
118 b. 118
Do
101 %b. 101 %b.
reduced to 4%8
Montana Ext 1st, 48, 1937
89%b. 90 %a.
San A.AArau. P.— lst,g.,68,1910 87 a. 87 b,
Ist gold, 08 1926
88
87%
Shen. Val.— Ist, 7s, 1 909, Tr. rec. 123 b. 124 b.
General 63, 1921, Trust rec...
59
80. Car.— Ist, 68, 1920, ex coup. 99 b.
Income, 68, 1931
ll%b. 11
80. Pac., Ariz.— 1st, 6s, 1909-10
106%b.
80. Pac., Cal.— 1st Gs, 1905-12..
1st, consol., gold, 58, 1938
100 b. 100%b.
80. Pao.,N. M.— Ist 6s, 1911
W7 b. 107 b.
Tenn. C. I. & Ry.—Ten. D., Ist, 68 98 b. 97 b.
Birm. Div., 1st 6s, 1917
I00%b. 102 a.
Tex. & Pac.— 1st, gold, 58, 2000 96
OS's
44 14
2d, gold, income, 58, 2000
44%
Tol. A. A. & N. M.— 1st 6s, 1924 103 b. 103
Tol. A. A.& Gr. Tr.— 1st, 6s, 1921 100 b. 109 b.
Tol. & Ohio Cent.— Ist Ss, 1935
104 b.
Tol. Peo. & West— 1st 48, 1917.. 80
80%b.
Tol.St L. & Kan.C— let6s,1916 99
99
Cnlon Pacific— 1st, 6s, 1899
117 b. 'I16%b.
Sinking fund, 8s, 1893
jll2%
113
Kan-sas Pacitlc— 1st, 6s, 1895 110%b. 110%
1st, 6s, 1896
lll%b. 'ill
Denver Div.—68, 1899
113%b.
Ist consol., 6a, 1919
113% 113 b.
Oreg. ShortLlne— lst,6s, 1922 113
113%
Or.S.L.iUtahN.—Cou.58,1919 94 b. 9414b.
Union Eleva.— Ist, gu. Gs, 1937 106%
Virginia Mid.—Gen. m., 5s, 1936 86%
do
stamped guar. 88%
87 b.
Wabash— 1st, gold, 5s, 1939
102% 102%
2d mort, gold, 5s, 1939
83%
83%
SGSg
Debent. M., aeries B, 1939 ...I 54%
West Shore— Guar., 48
105% 105%
West N. Y. & Pa.— Ist 5, 1937.' 100%b. 101 a.
2d mort., 3g., 5sc., 1927
39%
38%
West Un. Tel.—Col. tr., 5s, 1938' 101% 102
Wheel. & Lake E.— Ist 58. 1926
Wis. Cent. Co.— 1st g., 5s, 1937. 101
100 b.
Income, 58. 1937
61%
38%
t>.
. .
.
I
.
!
I
.
106 Jan.
82 Apr.
11458 Feb.
108 Jan.
43%
45 14
82
82
.
.
113% Jan.
110% Apr.
109% Jan.
104% Mar.
11014b. 110 b. 109 Feb. 113
Jan.
103%b. 103% 101% Apr. 104% Mar.
105% 105% 103% Jan. 107% Apr.
10914a. 108% Jan. 110% Mar.
ibe'""
101 Jan. 109 Apr.
103
100 Mar. 106% Mar.
74 a. 72%b. 66 Mar. 74 May
8479
85
80% Mar. 87 Jan.
73%
71%
62 Mar. 80% Jan.
.
.
I
i
i
1
1
'•
I
all
ISOO,
;
Central— Extend.,
Omaha & St. L.— 1st,
1,
b. 132% Jan. '133
Jan.
106% Jan. <110%Mar>
101% |101% May 104=8 Apn
Consol. 5s, 1928
N. \.
100
b.
71^
89^
titut Jan. 1.
Loteett.
100
I32%b. 132
09
82ift
4»
•••A
374
prof.
Rangt
May 16
itay 9
68, 1911.
L.— 1st, 78, 1013
f.,
15
Ph.Nat.<;a«Co.
QolcksUvTMK.
II
Olotinp.
Railboxo akd Miccel. Bond*.
10
67
«
Mary-d. Ooal.
14
Minn. Iron
Ontario Sliver 41
Penn. Coal.... 2«0
STOCK EXCHANGE. ANB RANGE SINCE JAN.
Mutual Un. Tel.-8.
*
100
Haok'ns'kWat.
14i«
•
Blgheat.
1
Bid.r Tiirr
EqnltaMe Om.
.«o
1
12 Jan.
19=8
go
78
701a Feb.
1908 108^8 108»3b. 107 Jan.
Can South.— let guar., 5s,
100
100
97 Mar.
Zd, 58, 1913
Central of N. J.— Cons. 78, 1809. 120 a. llOifib, 119% Apr.
124>ab. 124>flb. 124% Jan.
Convert. 7b. 1902
11258 113
llOkJan.
General mort., 5s, 1987
Leh.& \V.B..con. 78, 1900,a8'nt H4>8b. 115 b. 113 Mar.
10312a. 103
Jan.
do. Mortgage, Ss, 1912
Am. Dock & imp., 58, 1921 ... 109 »eb. 109 ifl 107% Jan.
H4B8b. 114%b. 112 Jan.
Central Pacitlc— Gold 68, 1898.
I0014 Apr.
loo's
Land grant Gs, 1890
Che8. & Ohio.— Mort. 68,1911.. 118 a. 118 a. 115% Jan.
100 14
99^8
go's May
l8t consol. 53. 1939
71 %b 69% Mar.
E. & A. Dlv.,l8t con.,2-4, 1989 71%
74>4
75 b. 67% Apr.
2d con., 3-4, 1989
112 a. 108 Mar.
Ches. O. &80. W.— 68, 1911
Chic. Burl. & Q.-Con. 7, 1903.. 126Jsb. 126'ab. 126 Jan.
102 b. 102% IO214 May
Debenture 58, 1913
93 "sb. 93 lab. 92^8 Feb.
Denver Dlviaion, 4s, 1922
92 b. 92 Jan.
Nebraska Extension 48, 1927. 92
Chic. & K. Ul.— 1st, 8. f., 68, 1907 117 b. 117iab. 116% Feb.
116 b. 11714b, 116 Apr.
Consol. 6s, 1934
97 b 95 Feb.
General consol. 1st, 5s, 1937.. 97 >3
Chic. Gas. L. &
Ist, ?,58,1937 97 b. 9T b. 90% Jan.
128 b. 12458 Jan.
Chic. Mil. & St. P.— Con. 7s, 1905 125
Ist, Southwest Dl v.— 68, 1909. 115 b. 115 b. 113% Mar.
115%b. 113 Jan.
Ist, 80. Min. Div.— 68, 1910 .. 115%
Ist, Ch.& Pac.W.Dl v.— 58,1921 103 b. 108 19
105% Jan.
103
I0214 Jan.
Chlc.&Mo.Kiv. Div.- 5s,1926 103
104 ifl 104
103 Jan.
Wis. & Minn. Div.— 5s, 1921
104 13 104 lab, 103 Mar.
Terminal 58,1914
1989 96 »a
9514
94% May
Gen. M., 4a., series A
Chic. & N. \V.—Consol. 7s, 191o. 142 a.
142 Feb.
127 b. 128 b. 126 Mar.
Coupon, gold, 78, 1902
I1414 114 Apr.
Blnklng fund Gs, 1929
IO6I4 Apr.
107»3b, 1081a
Biuking fund 58, 1929
Bmliiug fund debont. 58, 1933
1091a 109 Jan.
104iab. 105ifl
25-ycar debenture 58, 1909
104% May
98iab. 96
Exteutlon 4s, 1926
Jan.
Chic. Peo. & St. L.-<31d. 5a, 1928 94iab. 94iaa
91% Jan.
130 b. 129i4Jan.
Chic. K. I. &Pac.— 68,ooup.,1917
105 14 105
Extension & col. 53, 1934
104% Jan.
Ch.St.L.* Pitt.— lsr,cou.5s,1932
100 Jan.
Chic.St. P. M. &0. -Cou.Us,1930 12212b. 122 lab. 120% Feb.
Cleve. & Canton— 1st, 58, 1917. 92 a. 92 %a. 92
Apr.
C. C. C. & I.— Consol. 7s, 1914
132% Mar.
General consol. 68.1934
II714 Feb.
104 b.
Col. Coal & Iron— 1st 6s, 1900
103 Mar.
Col. H. Val. &T0I.—Con. 5s, 1931 8212
83
73 Mar.
General gold, Gs, 1904
87
88 a. 73 Mar.
Denver & Rio Gr.— 1st, 7s, 1900 118 b. llSiaa. 118% Jan.
82 b. 821a
1st consol. 43,1936
76% Jan.
Det. B. C. & Alp.— lst,g.,68, 1913 100
100 a. 99 Mar.
Det. Mac. & M.— Ld.gr.aias, 191
39
39iaa. 35
Mar.
Dul. & Iron Range- 1st, Ss, 1937
98 b, 100 May
Dul. 80. Sh.& Atl.— g., 5s, 1937. 100
100
92 Jan.
E. Tenn. V. & G.— Con., 5s, 195ti 107
106
103% Jan.
Knoxv. & O
38
Renns. ASara.l 183
do. nret. do.
1
JLowut.
.
L.
preL
do.
Range nnee Jan.
C—
A.k.„
Bid.
I
43
4ft
123 133
4
68
68
Ohio Dxa-AW-n
»
81a ToL&O. Cent
7»s
do.
prof.
81
85
do.
pref.
22
23 >a
16
52ig
Va. Midland...
Ohio Southern. • 18>«
80
Cameron CoaL '25"
4
jOraa.*8t.L.,pfj* 17
27Ja
Consol.CoalOo.
"ii" PlttB.Ft.W.&C 154
Clt.Oas.B'klyn* 74^81 76
23
30
Pitts. AW.tr.rol
Minn.
87J4
6958
22>4
87'4
•
32<« N.y.&Nor.nf.
Jfay 16
1
c.jrt. *
MUw. * North.
Ask.|
j
Memo. Aaias.i* 60
BONDS- LATEST PRICES OF ACTIVE BONDS AT
Olositig,
Bid.
1
•
(* Indicates actual sales.)
continned.
A.k.
Bid.
Ask.
691
77 Mar.
69 '8 Mar.
107% Apr.
104% Jan.
110% Jan.
105% May
82% May
78
111
Feb.
Jan.
98% May
32% May
86% Mar.
28 May
104
106
May
112% Mar.
107% Anr.
112% Mar.
108
Jan.
May 109% Feb.
Jan. 102% May
102»8 Jan. 105% May
88 Jan.
95% May
100%
I1214 Feb.
112
112
May
May
109%
Feb.
117'8 Feb.
115% Jan.
100 Feb.
86% Jan.
85 Jan.
85% Jan.
113% Jan.
48 Jan.
96 Jan.
7% Jan.
103% Feb.
112 Apr.
114% Apr.
115
1
Apr.
14% Apr.
113
120
120
May
Mar.
Jan.
102% Feb.
90% May
87% Feb.
89
124
60
100
Apr.
115
Jan.
Feb.
May
May
1 1
Apr.
107% May
100% Apr. 103% Mar.
107 Jan. 107% May
96% Apr. 104% Jan.
98% Jan. 103% Jan.
9058 Jan.
96% May
37% Apr. 45% May
103 May 107% Jan.
107 Jan. 110% Jan.
102 Jan. 105% May
76
98
115
112%
110%
110
113
Jan.
80% May
Feb. 101 Jan.
Jan. 118% Mar
Mar. 116% Feb.
May 112 Jan.
Jan. 113% Mar,
Jan. 117% Mar
113% May 118 Mar.
112% Mar. 116% Jan.
92% Apr. 95% Jan.
106% May 109% Apr.
85 Mar. 88% Apr
87
102
Mar.
80%
Jan.
Feb.
47
Mar.
90
Apr.
105% Apr.
86% Jan.
57
May
104% Jan. 105% Apr
02% Jan.
101
Apr.
40 May
Mar. 102% Jan.
102% Apr. 106% May
go's Jan. 104% Apr.
55% Mar. 69 J ax*
29
09
other prices and the range are from actual sale.
Jan.
THE CHRONICLE
692
[Vol. t.
GENERAL QUOTATIONS OP STOCKS AND BONDS.
represeat tlio psr cent value, whatever the par may be; other (tuotatlans are treqaeatly made per saare.
The followlnd almrevltttlonB are often used, vU.: '• M " for in )rL^.iXe "({."for gold; "g'd,"for guaraatead; "eQd.,"Ior endoraad; " oon«.,"
or conBolidatt'd "conv." for convertible; "b. f.," for niukiaK Numl; "1. sf.," for laud grant.
f
Qaotatious ta New York are to Tiiursday from other ci tleo, to late mall dates.
Snkaertbers Drill confer afliTor bjr (IrlmgE notice of any error discorered In tlieae ^notations.
Qaotatlons in
Xew York
^
;
;
TThitbd States Bonds.
Bid.
CiTT SBCimrTIES.
Ask.
Bid.
Baltimore— (Continued) —
reg..Q-M 10236 102%
68, bounty, exempt, 1893.. H & 8
M&N
coup.. Q-M 103i« 104
6b, water, 1894
122 12214
Q—
68, 1900
reg...ft-J
122 I2214
68, West. Md. BB., 1902.... J&J
coup.. .«—
lie
1916
M&N
J<SiJ
58,
reg
48, 1920
Q—
reg
J&J 118»4
3I28, 1928
J&J
J&J 121
reg
Bangor. Me.— Wat6r.68, 1905. J&J
reg....J&J 124
E. & N. A. RR. Bb, 1894
J&J 126>«
J&J
reg
Bath, Me.— 68, 1902
Var
VNITED STATES BONDS.
«>»B, 1891
4l«s, 1891
4r, 1907
ia, 1907
6i, Currenoy,
6e, Currency,
6g, Currency,
6», Currency,
6*, Currency,
1895
1896
1897
1898
1899
STATE SEOrRITIBS.
Alabama— Class "A," 4 to 5,
i
7e,L.R.P.B.&N.O.,1900.A&O
7B,MiB8.0.& R.Rlv.,1900.A & O
110
107%
i08>«
12
125
15
leo
9
9
9
9
9
5
5
5
5
5
5
78, Ark. Central RR., 1900. A & O
»8, Levee of 1871, 1900.... J &J
Oi>nneotlo't-New,rg.,3>«8,1903.J*J -6100
•5100
New, reg. or coui)., 38.1910
Dtet.Col.— Coni'.3-658,1924,op.F&A 121%
Funding 58, 1899
J&J
Perm. Imp. 68, guar., 1891 ..J&J
Perm. Imp. 78, 1891
J&J
Wash.— Fund. loan{Cong.)68,K.,'92
Fund. loan(Leg.;68,g.. 1902Var
Market stock, 78, 1892
Water stock, 78, 1901
do
78,1903
Florida— Consol. gold 6s
J & J
Georgla-78, gold bonds, 1890.Q—
1915
SHp, 1917
J4J
J&J
i^ss,
to
1936
113 118
103 <n
lOlis
Stamped 4 per cent
123
A&O
new
Newark—48, 1906
101
,100
....A&O
38,11935
Brooklyn N. Y.— Park 7s, 1924 J&J
Bridge 78. 1924
J&J
Park 6s, 1924
J&J
Bridge 58, 1919
.....J&J
Bridge 48. 1926
J&J
.....J&J
Water 3b, 1905
New 38, exempt, 1906-13
Buffalo, N.Y.— 7b. 1924-5
J&J
U
107141
Var 108i« 110
Water 4s. 1917
Water 31SS, 1917
168
160
114
129
J&J
92
113
A&O
J&J
J&J
1894
J&J
1897
M&8
BHohlgan— 78, 1890
M&N
Mlmiesota— Ad). 4148, 1912, 10-30.
Missouri- 6a, 1890
J & J
Asylum or University, 1892. J & J
Fund, bonds, 1894-95
J&J
68, gold,
68, gold,
Kew Hampshire— 5s,1892
J&J
War loan, 68, 1894
J&J
War loan, 6e, 1905
J&J
New Jersey—68, 1897-1902.. ..J&J
108
94
104
58,1909
1910
Var
Aqueduct. 1905
Var
Now Bedford.Ma88.—68, 1909. A&O SlSHs 133
3ia8. 1910
A&O 5100 101
N. Brun8wlck.N.J.—78, water, 1904
Var
68,1906
7s,
N.Haven- Park,3»jp.o.,20.508.JAJ
New Orleans, La. — Premium
16218 168
58 ...
Cons. 68,1 923,ext.Cro88man. J&J
68, gold, 1901..........
5s, 1908
5s, gold, 1896
48, 1906
31SS. 1904
31SS, 1901, Exempt
38, 1907
New2isa
Norfolk, Va.- 6a, 1914
8s,
58,
101
A&O
§
100
120
1916
105
§114
116
J.&J §13tis 137
§116
1-7
i28"
119
120
103
106
112
J&.1 HO
J&J 125 130
1905
Paterson, N.
6s,
48,
§106
§101
»5
Var 116
105
M&N
Orange, N. J.—78, long
lOlij
loss's
M&N 51351*
M&N 5126
J&J Jl30
M&N §130
M&N §111
M&N §113is
M&N 5101
Water, 1901
Norwich, Ct. -58, 1907
7s,
llOM 111
JAD
1934
N.Y. City— 78, 1900
68, 1900
5s,
J.— 7s, 1900
1901
1908
128ia 129
A&O
A&O
1892
Petersb'jrg, Va.— 68
1899
88
106%
CookCo. 4148, 1900
Philadelphia, Pa.— 6s,1895.... J&J HS's
102
West Chicago 5s, 1899
68, 1904-5-6
J&J 138
IO4I3
Lincoln Park 7s, 1895
48, J910
105
South Park 6s, 1899
Pittsburg, Pa.-58, 1913
J&J 121
13314
Cincinnati, O. -7-308, 1902 ...J&J
Var 135
7s, 1912
Var
78,1908
78, water, reg. &cp., 1898. .A&O. 126
Var
68, 1909
J&D lu9
4s, 1915
6s, gold. 1908
M&N'
J&J 120
68, Consol., 1904 reg
48, 1905
Va-Portland,Me.— 68,RR.Aid,1907M&8 ,ilJ3
104
4s, 1908, City Hall
J&J
J&J|§102
48, funded, 1912
106
4s, 30-50S, sink, fund, 1931. J&J
Portsmouth, N.H.— 68, '93, RR.J&ji§106
Ma88achU8ett8-58,gold, 1891. .A&O
Aak,
6s,
106
A&O
M&8
J&J
F&A
Water 58, 1898-9
Water 48, 1904
Water 3138, 1905
Water 38, 1916
J&J 100
105
100
4s, 1908
4is8, 1896
.
,
Bid.
5s,
110
|122
1I07
3-65S, 1902
Cook Co. 7s,
Cook Co. 58,
,.
8^58, 1899
124% 125 14
:04»,
Cambrldge,Mass.-Wat6r68,'96.J&J
1201a
J&J
City 6s, 1904.
IO514
Water 3i«i', 1911
Var
131
Charleston, 8.C.—Conv.78,'97.A&0
131
Conv. 4s, 1909
J&J
Sill
Chicago, 111.-78,1899
t00»s 1021s
68,1895
11958
4148, 1900
Iioulslanar-Consol. 78, 1914. ..J&J
Maine— New 38
Maryland— 3s, gold, 1900
108
Water 48, 1906-7
IO6I9 108
Mobile, Alabama.—
1221s
4-5b, funded, 1906
124 126
Montgomery, Ala.—6b
.
117
102>s
CiTr Secukfties.
viilwaukee, Wis.— (Continued)—
106 108
4188,1907
J&J 100
03
Belfast, Me.— 68, railroad aid, '98
.1071 109
Boston, Mass.— Water 68,1906 .Var 1301a 131
Water 5s, gold, 1906
Var ,120 121
106».
1906..
01a88"B,"5s, 1906
01as8"C," 48, 1906
Carrenoy'fundlnK is, 1920
Arkan.— 68, fund., '99. Holtord.JAJ
J*J'
6p, fund., non-Holford
Te, li. R. &Ft. 8.i88ue,1900.A & O
78, Memphis* L.R.,1899.A &0
Ask
M&N
A&O
M&8
J&D
122
iza"
110
122
126
104
106 1«
II6I4 Poughkeepsie. N. Y.— 78,waterlonK'§140
Providence, B.I.— 58, g.,1900. J&J 15 112 "a lis'
120
112
121
6s, gold, 1900, water loan.. J & J
119
J&D IU7I3 1081a
41SS, 1899
6s, exempt, 1896
113
J&J
M&S iOO 102
3139, gold, 191H
N«w York— 88, gold, 1892 ... A & O 109
35
102
Funded debt 48, April, 1902. J&J
Rahway, N. J.-01d7s
1U9
88, gold, 1893
75
115
Var
89
Columbus, Qa.— 7s
New acyustment, 4s
35
Wo.Carollna— 6s, old, 1886-'98.J&J
42
107
J&J 118 120
58
Richmond, Va.— 6s, J914
200
68 N. C. RK., 1883-5
lolumbus. O.. 48, 1910
A&O
1031s
J&J 137
8s, 1909
6a
do
7 coupons off ...A&O 170
Covington. Ky.—7-308,1892. F&A SlOl
J&J 1121s 114
5s, 1921 & 1922
10
68,fundingactof 1866 1900.J&J
100 101
J&J 5102 1021s
4s. 1927,new
48,1920
new bonds, 1892-8.'.
68,
J&J 20
F&A JllOi* 1121* Rochester, N. Y.—78, Water,1903 §139
5b, 1920
5
6s, Chatham RR
7
A&O
llo
F&A 6101
Dallas, Texas— 88, 1904
48, 1912
6e, special tax.olass 1,1898-9A&0
5
9
112
F&A §112
Water, 68. 1900
8t. Joseph, Mo.— 68, 1903
Trust certificates
5
9
107
F&A 6 9918 100
5s, Street Improvement, 1928
Comp'mlae4s, 1901
98
.48, new, cons., 1910
100
113
J & J
Detroit, Mich.-?*, 1894
F&A
Var 115 lie
St. Louis, Mo.— 68, 1899
124 127
6s, 1919
130
1071s 108
L., 1906
J&D
gold, 1894
6s, W.
63,
North Dakota bends
108 la 110
3is8, 1911
J&D
5s, 1900.
Fenna.— 58, new,reg.,'92-1902.F&A 104
103
95
N. J.—New 43,1922. J&J
Elizabeth,
4s, 1905
122
„*8, reg., 1912
101% io2"'
Evansvllle, lad., comprom. 48,1912
3-658, 1907
Bhode Isl'd- 6s, 1893-4, coup. J &J 112
124 14 12514
A&O
Fitchburg, Mass.— 68.91, W.L.. J&J
1021s
St. L. Co.— 68,1905
B onth Carolina— 68,Non-fund., 1888
too
31a
101
4>i Galveston, Tex.-8s,1893-1909.M&S
103
at. Paul, Minn.—4s, 1912
Brown consols
102ifl 105
108
109
98
J&D
4ISS, 1916
58, 1920
outh Dakota bonds
1141s 116
Hartford, Conn.— 6s, 1897
J&J
58.1915
Tennessee— 6s, unfunded
67
119
121
Towns. 3s, 1909
68, 1904
Compromise bond8,3-4-5-68, 1912 79
119
120
A&O
Hoboken, N. J.-78, 1892
7«, 1898
Settlement, 68, 1913
108 « 119
120 122
J&D
....... ...
Improvement 6a, 1898
.
88 lfe97
Settlement, .5s, 1913
103
105
do
5s, 1901
Savannah— Fd sW.'cVnsVigob.Q—F lU4if 105 >•
Settlement, 38, 1913
74
751a Houston, Tex. —6s
101 103
Spriugtield, Mass.— 6s, 1905.. A&O 1281a 130
Texas— 68, 1892
M&8
95
97
A&O iJd 137
Coinpr jiuise 5a, 1918
78, 1903, water loan
7b, gold, 1904...
121
J&J
Indianapolis, Ind.-"U"7'3,'99. J&J 110
Toledo, O.— 7-308, RR., 1900.M & N 119
Vlrgluiar-68, old, 1886-'95...J & J
Var 111 113
68.1897
J&J 106
88,1893-94
6s, new bonds, 1866
Var illisl 1121*
J & J
Var 120
Jersey City— 78, 1905
6s, 1899
68, consols, 1905. ex-coup
49
J&J
A&O lOlis 102
J&J
58,1893-1913
Water 68, 1907
68, consol., 2d series
93
95
Var.
J&J
Funding 6s, 1909
F&A
4s, 1913
'16
08, deferred bonus
Hudson County 5s, 1905
M&S
Worcester, Mass.— 68, 1892... A&O 104% 105
Do trust receipts
914
A&O 117 118
Hudson County, 68, 1905. ...J&J
58.1905
Tax-rec'vableooup8.,from eons'ls
A&O 1051s 107
J&D
Hudson County 78, 1891
4s. 1905
Do
from 10-408.
_
J&D lOOis 101 1<
BayonneCity, 7s, long
J&J
3188. 1905
Jfew38(Biddl6berger).1932.J&J
€7is Kansas City, Mo.— 8s, 1896... Var
KAIL.UOAI> BONOS.
10-408, cp.& reg., 3to5,1919.J&J
M&N
{Bonds of companies consol' ted
7s. 1898
Consol. coupon, new
NbW bonds
be found under the consol'd name.)
non-tundable'"
30
119
_, ,., do
Lawrence, Mass.—6b, 1894.. .A& O ;10S>a 1U9
Ala.Ot. Southern— lst,68,l90tiJ&J ellfi
Washington- 31S8, E-13 years
101%
Debenture 6a, gold, 1906.. .F&A 6108 110
A&O >11
12c
68,1900
CITK SECLRITIKS.
J&D el02 104
Geul luort. 53, 1927
Long Island City, N.Y— Water.78...
Albany, N.Y'.— 78, 1910-16. ..M&N
Louisville, Ky.— 78, 1903
Var
124
Alabaoia Midland -1st, 6s, 1928..
6b, 1915 to 1919
72
Var
110
Ala^N. O. T. &o. Ist deb. 68, 1907 e 68
63,1897
48, 1920 to 1930
M&N
53
J&D e 49
10-408, OS, 1920,
101
2d debent. 68. 1907
Allegheny, Pa.—5«,ep., '87-97. Var.
90 1« 92i«
106
43, 1923
101
Ala.&Vlcksb.-Cjns. 58,1921. A&O
J&J
4'a8, coup., 1885-1901
Var.
1921.A&0 100 103
105
Lowell, Mass.— 68,1890, W. L.M&N
Vicksb.&Mer. -Ist.Os,
101
4b, coup., 1901
6Sia
,. ..Var.
Lynchburg, Va.— 6s, 1901-4. ..J&J
2d, consul. 58
Allegheny Co., 58, op., 1U13.J&J
105
1321s
88, 1905
130
J&J
Alb'y &8u8q.— Cons. 78, 1906, guar.
48, not loan, 5-IO3
122
101
Lynn, Mass.- Water loan, 68,'94. J&J
Consol. mort.,63,1906, guar. A&O
110
48, riot loan, 10-208
101
Water loau, 68, '96
J&J
illegh. Val.— Gen. M., 7 3-lOs. J&J lllH 112
114
48, refunded. 5-208. 1891-1906.
103
A&O el24 127
58, 1905
M&N
l3tmort.,7s, 1910
1171a
48. Court House, 190«, reg..J.feJ
36
A&O
106
Macou. Ga.— 6s, 1909
115
Income. 78. end., 1894
Atlanta, Qa.— 8a, 1902
8»is 871b
J&J
120
Manchester, N.H.--6S, 1894.. J&J.
Atoh.T. &8. Fe-new4s, 1989,J&J
lo9
Water 78, 1904
6978 70
j&j
6.S, 1902
New incomes, 1939
J&J.
121
68, 1895-6
115
J&J
48, 1911
10>
A-,1. ACharl.- Istpt. 78, 1897.A&0
68, 1914-15
122 123
J&J
Memphis. Tenn.— Comp. 68, 1907..
105
1st, 78, 1907
4Js8,
5s, 30-508, sink, fund,
1930.
Hamilton County 4s.,.
O.- 78, 1894
6s, 1900
58, 1907
Cleveland,
. .
A&O
J&J
.
A&O
F&A
,
M&N
wM
M&N
M&X
.
,
1916
Jij
Augusta, Me.— 68, 1905, Fund .J&J
Augusta, Ga.— 78, mOO-2
Vales, 1905
j.vj
Baltimore- 6s, consol., 1890.. Q—
6s, Park. 1890
q!-m
68. bounty. 1893..
M&e
* Price
nominal: no late transatUona.
105
121
108
§
Tax
Dist., 68,
1913
A&O
laoomo, 68, 1900
104 >s
ill & Florida— 1st, 69, 1939.. M&N
105
4.tlantlo City— Ist. 5s,g.,1919.M&N
107
Atiao. & Dan.— Istg. B8,1917.A&0
127
l!lantlo&Pao.-lst4s, 1937. .J&J
112
2d W.D., guar.,g, 8.t.6s.l907.M&S
103
A&O
W. D. Incomes, 1910
108
J&J
Tax Dint, 6s. 1915
J&J
Minneapolis, Minn. -8s, 1892. J&D
7s, 1901
J&J
4128, 1912-15
48, 1915-17
MilwaukeB,Wi8.— Wat«r78.'02.J&J
m
Porohaseralso pays accrued Interest.
e
In London.
H Coupons on
since 18S9.
i03"Ti
104
§
102%
"sioa
22
"ii"t.
THE CHRONIOLE.
ICai; 17. 1890.J
GENERAL qQOTATlONS
Por Ezplanmtioua Sae
Bid.
Railroad Bonds.
Ask.
0I<'
IVotea at
698
STOCKS AND BONDS—Oontiwitbd.
Head of
PIrat
BAILROAD BOHSa.
Bid.
Pace of Qaotanon*.'
Railroad Bonds.
BUL.
Aak.
Clearf. AJe(r.-lgt,6«,1927. .JAJ( 116
Ohic. Bur. A Nor.-(Ooatlnued)—
Pac.-(Uontlailed)—
Eiiulpnient 7h, liio3
100
FAA (106 106 19 C'lev.AkronACol.— lHt,6B,1926JAJ,t'"102
Oentml Div.. Ist, ti». 1801. .MAN
120 12715
MA!i!''99i4
O^n. M., g., 58, 1927
(Tlilo. B.AQ.-Coii«.,7», 1903. .JAJ
10
InconieB, 6g, non^cumul., 1022.
<;ievB. ACanton-lst. 5«. 1917.JAJ
5s, sinking fund. 1901
AAO 10514
93%
15
Land Kf. Incmnca, ciim., 1901..
MAN 102 ids" C.C.O.AS'.L.-O. Dlv., 4a, 1939JAJ 80 90
5s, debenture, 1913
AAO 100
Baltliiiore A Uliio -U, 1 935
Cleveland Columbus Cln. A Ind.—
117>« 118%
Iowa Dlv. 8. P.5h, 1919
AAO 107
ParkerBburK Br., 6s, 1919...AAO
109
Iowa Div.. 4a, 1919
AAO 95 > 9514 1st 78. 1899
MAN 118i«
F*A
BsKold, 192.5
Conaol. mort., 7b, 1914
Denver Dlv., 4s, 1922
FAA 934 95
JAD eiao IBS
FAA <n4 116
CSoDBol. •roM.'is, 1988
4a, plain bonds. 1921
MAS 91% 92% Cons. 8. F., 78, 1914
JAJ 124
BohuylktURlv. Eagt Side ."Sb, 1935 107
Gen. con. 6b, 1934
el 07
109
Neb. Ext.. 4b, 1927
MAN 92
JAJ
M&8
Bterllnif, 6», 1895
Belief. A Ind. M., 7s, 1899. ..JAJ
Plain, 78, 1896
JAJ iim 112
»»rlln(?. 6s, g., 1902
MAS ellS 117
lOlHi 101% (Mevo. A Mah. Val.— G. 58, 1938JAJ 105
(!120
122
Bonds, 58, 1895
10«
JAD
MAN
Bterllntr, 6b, K., 1910
Cleveland A Pittsburg—
Bur. A Mo. R., I'd M., 78,'03.AAO 107i« 109
JAD el07 109
Sterling, 5s, 1927
119% 120
«105 107
CODB. 8. F., 78, 1900
MAN 125 >4
Bnr.AMo.(Neb.),l8t,6B,1918JAJ
AAO
Bterling, i'vs, 1933
4th Mort., 68,1892
Cona, 6b, non-ex., 1918
JA.1 103
JAJ 106 107
Balt.A O. 8.W.— Cin.ABalt.78,1900 114
90 14 (;olorado Mid.— Ist.'Os. 1936.. JAD el08 110
4b, (Neb.), 1910
JAJ 90
JAJ 100>« 101
New <ijs,gunr., 1990
ioa>«
Neb.RR, lat, 78,1896
AAO 110 112 Columbia A Or.- lat, 88, 1916.JAJ
1st pref. iaoomeSs
Om. A 8. W., iHt, 88, 1896. JAD 116 117
2d mort., 68. 1923
AAO
2d do
do
100 Hi 101
94
Ool.A C.Mld.— lat, 68, 1914.. ..JAJ
111. OrandTr., lat. 8b. '90... AAO
Sd do
do
120 «
124
Debenture 4I4S
Ott. Osw. A Fox R., 88, 1900. JAJ fiO
Bait. A Pot'o— iBt, 6s,K.,1911AAO
125
QuincyA Wars'w, lat, 88, '90. JAJ 100 H) 100% Colum. Hock.V. A T.— Con.5s,1931
82H 83
Ist, tannel, 68.g.,({'d, 1911. .lAJ
l'24is 125
Gen. 6a gold, 1904
89
Atoh'n A Nob.— lBt,7a.l908 MAS
JAD 75 ii 7e««
Beeob Creek— iBt.g'ld, 48,1936,JAJ
Bepub. Val.. lat, (la, 1919.. .JAJ 1061s 107
Col.AHook.V.— lstM.,78,'97.AAO 107 110
Belvldore Del.— l»t,68,o.,1902.JAI) 118
""{64 Chlo. A Ea«t 111.— 1 St mort.
do
2d M., 78, 1892.JA.J 100
6s, 1907 118
FAA
ConB. 4s, 1927
Col. AToledo— lBt78,1905..KAA 114
116
1st, con., 6s, gold, 1934 .... AAO 1171s iis'i
Boston A Albany— 7s, 1892. ..FAA 105 105 "«
98
do
Gen. con., Ist, 58, 1937
2dmort.,1900.MA8 100
MAN
JAJ 111 Hl>«
68,1895
98
Ch. A [. Coal R'y, Ist 5a. 1936 JAJ
OhloAW.Va.,lst,8.f.,7«,19iO.MAN 114 115
..AAC 105 105 ><
Boston A Lowell— 78, 1892.
Col.Springf.AC— lat, 78,1901. MAI* 111 lis
aiio. A Or. Trunk-l8t, 68., 1900.. 106
JAJ 112 113
68, 1896
Col. A Xenia— 1st M., 7s,1890.MA8 100
OUlo. Mil. A St. Paul—
JAJ 110 111
Bs, 1899
Concord A Montreal—
103 >i)
M.ASt.P.lst, 8s. P.D.,1898. FAA 124
48,1905-6-7
Var. 103
12214
107
Bost.Cono.A Mon.— Oon8.78,1893 iioa I06>t
108
P. D., 2d M., 7 3-108, 1898. .FAA 120
MAN
4'as, 1903
Consol. mort., 68, 1893
K.D., l8t, $, gold, 7b, 1902 ..JAJ 124>9
AAO
Boston A Maine— 7s, 1893
JAJ 107>« 108
123
Impiovement 68, 1911
no 111
C, Ist M., 78, 1893
JAJ 6110 111
La.
JAJ
JAJ
7s, 1894
123
Conn. APassump.— M.,78,'93.AAO
108>«
I. AM„l8tM.,7s,1897
JAJ
Improvement 4a, 1905
FAA 103 104
124
Connecting (Phila.)— Ist, Os ..MAS
120
106^1 107
I'a. A Dak., Ist M., 78, 1899.JAJ
Do
48,1937
FAA
8814 88i«
Consol. BR.of Vt., 1st, 5a, 1913.JAJ
CWo. A Mil., lat M.,7a, 1903.JAJ 125i«
Boat. A Providence— 78, 1893. JAJ 5108>« 109
128 129i« Dayton A Mich.— Con. 5a,1911.J&J , lUSis 109
104 106
Consol., 78, 1905
JAJ
JAJ
4s, 1918
I3II4 Dayton A Union— 1st, 7s, 1909 JAD §125
1st M., I. A D. Ext., 7s, 1908JAJ 128
BoBt.A Revere B'U— l8t,6a.'97.JAJ S112 113
Dayt.A West.- l8t.M.,68,1905.JAJ Jll3>»
26
Bradford Bord. & K.— let, 68, 1932
lat M.,08, S'thwest Dlv.l909JAJ 114% 116
20
lat raort., 78, 1905
123 >
JAJ 9
l8t M., 58. La 0. A Dav.l919JAJ
tradl. Eld. A Cubar-l8t.68,1932JAJ
115% 116
112
Delaware— Mort. 6s,guar.,'95 JAJ 118
rooklyu Ele.— lat, 68, 1924. .AjtO
Bo. Minn, lat 68.1910
JAJ
I2714 Del. A Bound B'k— lat, 78,1905FA A 132
isIT*
Ha8t.ADak.Ex.lst,78, 1910.JAJ 126
2dnK)rtg. 58. 1915
JAJ
Union El.— Ist, 63, 1937... .MAN 107 iofii
do
58, 1910
JAJ lOJij 104 Hi Del. A Hud.- lat,reg. 7a, 1891 JAJ 103% 104
lat, Exten., 7s,1891
MAN 105 112"
Bnfl. Brad.A P.— Oen..M.7s,'96.JAJ 103
.JAJ 116
Chic. A Pao. Div. 68, 1910
id8%
Coupon 7a, 1894
AAO 111
Bnfl.N.Y.AErie— lat, 7a. 1916.JAD 141>«
do West Dlv., 58,1921. JAJ
C'8
103 Hi
1st, M., Pa.Dtv.,7s,191....7MA8 146>a 146>«
Bofr.Kocli. A Pittsb.— Gen.Sa, 1937
Chlo. A Mo. Riv. 58, 1926. ...JAJ 103
104
Del.Lack.A W.— ConT.7s,1892 JAD 10810
Eocb. A P., let, 68, 1921.. ..FAA 118
Mineral Pt. Dlv., 58, 1910... JAJ
Mort. 7a, 1907
Conaol., lat tia, 1922
Chlo. A L. Sup. Div., 5s, 1921JAJ 102
MAS
JAD 118 123
104 104 14 Den. A R. O.— lat con. 4s, 1936. JAJ
Bafl.A SoutliweBt.—68. 1908.. J.AJ 100
Wis. AMinn.Dlv.,58, 1921. ..JAJ
118>|
1st 78, gold, 1900
Terminal 5s, g., 1914
MAN
Borl. C. R. A N.— l8t.58,1906.JAD 101>l
JAJ 104 19 105
87>8
Inipr., g., 5s, 1928
JAD 8514 Beii
Cons.lat Acol. tr., 58.1934. AAO
Dubuque Div., 1st, 6s, 1920.JAJ ai2 II214
81
Dea.M. A F.D.— Guar. 48, 1905. JAJ
Minn.A8t.L..l8t78,g'd,19J7.JAD 106
Wia. Val. Dlv., Ist, 68, 1920. JAJ J1041S 105
50 "69"
100
Ist mort., guar., 2isa, 1905 ..JAJ
Iowa V. A W., l8t, 78, 1909. M*a
Fargo A South.- 6s.a8s.l924.JAJ '1I6 121HJ
81
Ist M., on Ext.,guar. 48, 190.5JAJ
So'
0. Bap.LF.A N.,lst,68.1920.AAO
Inc. conv. 8. F. 5a, 1916
JAJ
166"
101% Det. B. C. A Alp..lat,6s.l9l3. JAJ
do
Ist, 58, 1921
Dak. A Gt. So. 58, 1916
AAO
JAJ
108
OaUIor. Pao.— Ist M.,4>«8,1912 JAJ 105
Gen. g. 4a. ser. A., 1989
95
Det.G.HavenAMil.— Equip.68,1918 ell4 117
JAJ 94
141 142
Cod. M., guar. 6a, 191S
AAO el 14 117
2dM..6s, g.,endC. Pao., '91. JAJ 100
Ohlo.A Northw.-Con.78,1915.Q—
Det. L. A North.— lat, 78, 1907. JAJ il03>f 105
129
8d M. (gTiar. C. P.), 6s, 1905. JAJ 107
ConBol., gold, 7s, cp., 1902.. JAD 123
60
Gr.Rap.L.A D., l8t,5a,1927.MA8
do
Sinking fund, 68, 1929
do
3s, 1905. JAJ
AAO 114
Det. Mack.A M.— Ld. gr. 3>ss, 8. A.
40
Oamden A Atl.— l8t,7s, g.,'93..JAJ
do
58,1929
AAO 107
Dub.AS. City— l8t,2dDlv..'94. JAJ 107
2dmort., 6s, 189;*
debent., 58,1933.MAN 108 Hi
do
AAO
Consol. 68, 1911
104Hi 105 14 Dul nth A Iron R.—lat,5s, 1937. AAO
25-yrs. deb. 58, 1909
99%
JAJ
MAN
Duluth S. 8h. A Atl.— 58,1937,JA J 100 100>«
Oamden A Burl. Co., 68, 1897.FAA
Exten. bds. 4a, 1926
FAA15 98
Canada 80.— lat 58, guar.,1908,JAJ 109 109 >4
E8can.AL.Sup., lat, 6s, 1901.JAJ 113
Dnnk.A.V.AP.— l8t,78,g..l90OJAD 110
2d mort., 58, 1913
E. Tenn. Va. AGa.—
MAS 99'D 100
Des M.A Minn's, l8t,78,1907.FAA 122
OapeF. AYad.V.,l8t,6s,8er.A,1916 106^ 108 >s
Mid., Ist M., 8a, 1900. AAO
Iowa
Ist, 7a, 1900
JAJ 120 121
lst68, eer. B, 1916
Peninsula, lat, couv.,7a,'98.MAS 120
JAJ 110%
Divisional, 58, 1930
J.AJ. 105 >s 106i«
lig^'e
MAN 107
lat 68, aeries C
Chic. A Mil., Ist M. ,7s, '98. JAJ
JAJ 106^ 107
Conaol. 58, g., 1956
Carolina Cent.— l8t.68,g.,1920.JAJ
JAD 92 14
WlnonaASt.Pet.— 2d7s,1907MAN
134
l8t Ext., gold, 58, 1937
95
Oatawlaaa-Mort., 7a, 1900.. ..FAA 121><
Mil. A Mad., 1st, 68, 1905. .M.AS. 116
Equip. ATmp., g., 5a, 1938..MAS;e 93
117Hi
93
OedarF.AMin.— lat,78, 1907. JAJ 75
90
Ott. C. F. A St. P., 5s, 1909.. MAS 10838
Mobile A Blrm., lat, .5a,1937.JAJ
108
Cent, of Ga.— l8t,con8.,7a,'93.JAJ
109
North. Ilia., 1st, 5a, 1910.. ..MAS
Knoxv. A Ohio,lat, 6a, 1925. JAJ
Collat'l trust 58, 1937
MAN 99 100
Madison Ext., 1st, 7e, 1911. AAO ,133
JAJ
Ala. Cent., Ist, 68, 1918
Sav.A West., 1st. guar., 1929 MAS
9313 95
Menominee E.xt.,l8t,78,191 1 JAD ,133
East. A W. Ry., Ala. -lat, 68, 1926
Col. A Westtrn, Ist, 68.1011.JAJ
NortUweat.Uu., l8t,7s, 1917. MAS ,136
Eastem.Mass.- 68, g.,1906. .MAS
Dent, of N. J.— lat cona. 78,'99.Q-J lig^i 120
Chic. AToiuah.— l8t,68.'05.MAN 111
115
Eaaton A Aiuboy-M.,58,1920MAN
Convert, mort. 7e, 1902. ...MAN 1241s 125
Cedar R. A Mo.— lat, 78, '91. FAA
Elizab.I-ex.A Big S.- 6a, 1902. MAS
Convert, debent. 6s. 1908.. MAN 115
Ist mort., 78, 1916
MAN
ElmiraA W'mspt— Ist 68,1910.JA.)
Gen. mort., 58, 1987
AAO
JAJ 112% 113
2d mort., 78, 1909, guar... JAD
58, •/962
lieh.A Wll.— Con. 78,K.,1900,a8S.Q 114'8 115%
8. C.A Pac, l3t, 6s, 1898. .JAJ
Erie A Pittsburg—
Mortgage 58, 1912
JAJ
MAN 101 103 14 Frem. Elk.A Mo.V.—68,1933 AAO
124
Cona. mort,, 78, 1898
Am. Dk.A Imp. Co., 58,1921. JAJ 109 !« 109 Hi
AAO
do
do
Unstamped..
Equipment. 78, 1900
Cent. Ohio- l8t M.. 68, 1890. .MAS 101
ChlcPeo.A St.L.— 1 St 58,1928. .MAS 9414 94H> Evans.A Ind.— l8t,guar.,g.,68,1924
Keorg. cona. Ist, 4>i:8. 1930. MAS 100
JAJ
Chic.R.I.A Pac— 6a,1917,coup JAJ 131
134
Ist, con., 1926
Cent. Pac— lat. 6a, gold, 1895.JAJ 110%
Chicago A Southweatem
tll9
Evans.A T.H., lat con.,68,1921,JAJ
1st, 68, gold, 1896
JAJ 112>«
Exten. A col. 5a, 1934
Mt. Vernon— lat, 6a, g.,1923AAO
JAJ 105 105 14
Ist, 68, gold, 1897
JAJ US'*
Chlo. St. L. AP.— Con.S8,1932.AAO
Evanav.T.H.AChl.— lat. 68, g.l900,
102
Ist, 6s, gold, 1898
JA.I 114%
Chic. A Gt. East., Ist, 78, 93-'95. 105
Fitohbur«—5a, 1899-1903.... Var. 5104 109
MAN §109 109 ••
B Joaquin, Ist M.,68, g.l900, AAO 111
Col.A Ind. C, lat M.,7a, 1904. JAJ ,119
122
5a, 1908
AAO 5110 111
OaI.AOr.-SerlesB.,68,je.'92JAJ el04 106
2d M.7a,1904.MAN 115
do
6a, 1897
Land grant M., 68, g., 1890.AAO 100<>B
AAO 6109% 110
Un.A Logan8p.,lat,7a, 1905.AAO ,118
78,1894
MAS JVOl 101>i
Mort., gold, 58, 1939
AAO lOlis 10212 Cin. A Chic. A. L., 7a, 1890 FAA ,100
4148, 1897
AAO,| 97i« 97%
West. Pacif., Ist, 68,
99.. JAJ 113>« 115
Chic. St. P. A Kanaaa City.—
48,1907
Central of 80. Car. Ist r8;i92l.JAJ
Ist, g, 58, 1936
Bdat.H.T. A West., deb. Ss, 1913.
JAJ 83
86
126"
Charles.Cin.A C.l8tg.58,1947.6—
82
Mlnn.AN.W.ist, 58,1931. .JAJ.
85
Flint A P. Marq.— M. 68,1920.AAO 119
MAN 105
OUarl'te Col.AA.— Cou8.,7a,'95.JAJ iosii
ChicSt.P.Min.AOm.— Con. 68, 1930 122% 123Hl
1st, con., gold, 58. 1939
2d mort., 78, 1910
AAO 117i« 118
lat,68,1918M*N 123
Pen.— 1st, g., 5s, 1918. JAJ 9314 99
Ch.St.P.A Minu.
Fla. C. A
Conaol., gold, 6a, 1933
JAJ 109>s
lat, 68, 1921 108 14 lea's
North Wise. 1st, 68, 1930... JAJ.
Ft. Worth A Denv.
Ohartiers- Ist, 78, 1901
AAO
Gal.Har.ASauAnt.- l8t,6a,g. 1910. 102
St. PaalAS.City, lst68,1919.AAO;
124
01ies.AObli>.— Pur.money fd.,68'98 114
ioi"
JAD
115
CMc.A W.Ind.—S.fd. 68, 1919 MAN 110 IIII4
2d mort.. 7a, 1905
92I4 ••>«
Beries A, 6g, 1908
118
AAO 115
Generalmort.. 68, 1932 ....Q—
Weat. Div. lat, 5a, 1931.... MAN
SOit 82
Mortgage 68. 1911
9414 9414 Gal.Houa.A Hen.— lst,5a,1913AAO
AAO
Chic. A W. Mich.-58, 1921 .. JAD
118
O.AO. Ry. Iat58, 1939.... MAN 100 IOOI4 Cin. Georg. A Ports.- 68, 1901 AAO
JAJ 108 112
95
Georgia— 68, 1910
11S1«
1st Cunaol. K A A.2-4.1989. JAJ
71>4 :2
Cln. Ham. A Dayt.— ConBoLSs AAO
IO714 Georgia Pacillo-lst, 6s, 1922. JAJ 113
2d Conaol. K. A A. 3-4.1989. Ji-J
AAO; 79
79H
76
Consol. S. P., 7a, 1905
AAO 123
Con. 2d mort., 5a, g., 1923...
29
TJUes. O. A B.W.— M.68, 1911. .FAA
112
Consol. mort, 68, 1905
AAO ,11614
Con. Income, 59, g., 1923 .-AAO
2d mort., 68, 1911
FAA 82i«
2d mort., gold, 4ia8. 1937. JAJ 9714 98
Ga.Carol.ANo.— l8t,5a,g.,19'29.JAJ 10314 103>a
100
Ohestilre— 6a, 1896-98
95
JAJ 5108 i08>i
Cln. H. A I., lat M., 78, 1903.JAJ ,119
120
Oa. So. A Fla.- 1st tta, g, 1927. JAJ
Ohio. A Alton— 1st M., 7s, '93.. JAJ 109
110
93
C.I.St. L.AC— Istg. 4b, 1936,(i— F
Gr.Kap. A Ind.— Ist, l.g., g'd, 78, g. 5117
BtOTllng mort.,6e,g., 1903.. JAJ «120
l8tM.,78,l.g.,gold,notguar.AAO,6113i«
121
Con. 68,1920
,110
Sinking fund, 68, g., 1903... MAN 120
[5107
Cln.AIndlauap., l8t.,7s, '92. JAD
106
Ex land grant, lat 78, '99...
I/0Uis'aAMo.R.,l8t,7s,1900FAA 118
^MAS
12614
2d M.. 78,1892
JA.I 5103
General 5a, 1924..
107
do
2d, 78, 1900 MAN 114
Indlanap. C. AL,., 7s, 1897. .FAA 5115
Muakegon DlT Sa,' 1926. ..JAJ..
Bt.L.Jaok8'v.AC.,l8t,78,'94.AAO 10914
Cln. l>af.AC.— l8t,78,g.l901.MA8 &117
Or. Bay Wluonfc A St. Paitl.-^
do l8tguar.(564),78,'94AAO 109i»
Cin.Jack.AMac. -lst,.5s,1936. JAD
70
lat, 68, 1911, couflou off .... FAA
do 2dM. (360), 7a. '98. .JAJ 115>s
Cln. Leb. A Nor.— Ist, 58, 1910JA.7 100
101
2d, incomes, 19117
do 2dguar. (188)78,'98.JAJ 115
AS
Cln. Rich. AChlc— Ist, 78, '95.J.feJ 510814 109% ian. A St. Jo.- Coil. 68, 191 1
MlBs.Rlv.Brldge, l8t.,s.f.,6a,1912 104
Cln. Rich. A F. W.— l8t,78,1921 JAD 5115
Kan. C. A Cam., lOs, 1892 JAJ 5108
117
Ohlo.A Atlantic— Ist, 68,1920.MAN
80
Clnn.Sand.A Clev.—«s, 1900.. FAA jlOlHl 102
Harrisb'g P.,Ao.;ist.,48,1913.JAJ| ....
2d, 68, 1923
FAA 29
40
2d mort., 78, 1890
JAD 5100 IOII4 Hart. A Conn. Weat.—5s,1903. JAJ {100
tJhlo. Burl.A Nor.— 5b, 1926..AAOi 103>« 105
106 •«
Conaol. mort., 5a, 1928
aousatonic— Cona. 58, 1937. .MAN
JAJ }105
2d, €b, 1918
68
JAd's102% 103
Cln.A8p.— 7s,C.C.C.AI.,1901.AAO
ao'8t.E.AW.Tex.— l8t.7a,'9S..MAN
120
Debent. 68. 1896
JADi lOl lOlis 7a, guar., L.8.A M.8., 1902 . A AO •i'15'
iis"
l.A Tex.Cen— lat 7a, Tr. rec. 18911
* Price nominal
no ate tnuuaotlona.
In Amsterdam.
« In London.
i Fnroluaer also pays aooroed interest.
I Ooupon oil.
Atlantic
A
. .
.
am
,
.
. .
(
:
:
I
C—
.
I
i
. .
.
.
i
M
THE CHRONICLE.
694
[Vol.
li.
GENERAL QUOTATIO^VS OF STOCKS AND BONDS—CoNTiNtntD.
For Bxplaaatlons See Notes
Aak.
BAnJtOAD BOHDI.
#t
Head of First Paze of
BAIUtOAD BOHDS.
Maine Central— (ContlnuedJ—
S. A Tex. Con.— (Continued)—
West J>lv., l8t, 78,Tr.reo.'91.J4J
WaooAN. W.,l8t, 78,g.,1901.J<tJ
M main 1913, Tr....rec.A&0
reo.A&O
1925,
Oen. mort.
'90..A&0
Top—
Bant. *
P&A
1895
M 3d M. 1895
A&O
OODB.
Exten. bonds, 68, g.,1900..A&0
A&O
Cona. 78, 1912
AndroBOOg.* Ken., ea, 1890-91..
Leeds & Farm'gt'n, 68, 1896.JAJ
Portl. & K.,Con8. M., 68, '95.A&0
Debenture. 68, 10-208, 1905. F&A
Mar'ta&N.Ga.— lBt,68,g.,V»ll.J&J
Mar.&0.,88, '92
M»rq'tteHo.&
Bid.
<laotatloas.
Baiiaoao Bokds.
Ask.
N. Y.
U12
114
§132
§100
§108
132>i
A North— 2d
gold 4b. 1927..
Bid.
61 «b
Aak.
62
N.Y.Ont.&W.— lst.g.,68,1914MAS 11H«
Consol. 5s, g., 1939
JAD
ioo?
N. Y. A N. Eng.-l8t,7B,1905.JAJ §126i« 126
101
109
letM., 68,1905
JAJ
120
108
FAA 107 108
2d m.,68, 1902
Br.
§104 106
2d 68 (scaled— 5 p. 0. till '92). F&A 104%
mort., 78, g.,
103 105
N.Y.Pa.&0.— Ist, ino.,aoo.7a,1905 3911 40
102
58,
§104% 105
prior lien,lno.ac.,68,1895 el05
108
do
JlllnolB Cen.— l8t,golcl,48,1951.JAJ
17i«
M4S §102 102i« Deferred lut. Warrants
e 16><
6«,W08
JAJ
Gold, 3^e, 1951
101>4
J&D §104% 105
Equip. Trust., 58,1908
68,1923 (extension)
M&N 93 95
A&O
Col. tr.. gold, 48, 1952
6B,1925(Marq & West.). AAO §105
e
S
2d mort. inc., 58,1910
6
Sprlngfleld Dlv., 68, 1898. .J&J
Memph.A Charl.— l8t,78, 1915.J&J 124
2
3d mort. inc., 58, 1915
a
Middle Dlv. reg. 58, 1921... FiA
107
2d mort., 78, extended, 1915.J&J 124
N.Y. Phil. & Nor.- l8t, 1923 ..J&J 112
BterUng, B. F., 56, g., 1903. .A&O
110
iBt oonsol. 78, 1915
JAJ 116 120
Income 68, 1933
"ii"
A&O
Bterllng, gen. M.,68, g., 1895.A&0
112
l8t. cons.. Tenn.lien,7B,1915 J&J 124
N. Y.,Prov. & Boston 78, 1899. J&J i25'38
J&D
Bterllng, 58.1905
Gold,68, 1924
JAJ 105
N.Y. Susq. A W.-Deb. 68, •97.FAA
Cailo.8t.&N.O.-T.l'n,7s,'97.M&N
i'liJj
2d 6s, 1899
MAN 108>«
l8t refund., 58,1937
JAJ IOOI4 102i»
l«t con. 7s, 1897
Mexican Central2d mort., 41*8, 1937
J4U
FAA 78is rsi
2d, 68, 1907
116
cl09 111
Prior. 58, 1939
J&J
Mldl'dof N. J.— l8t,68,1910.AAO 114
J&D
Ss, 1951, gold
Consol. 48, 1911
JAJ § 73>< 7338 N.Y.Tex.A Mex— Ist 48, 1912. A&O
Mem. Div., Ist 48. g., 1951J&D 96>( 97H
40ii 41
1939
Istoon. inc. 3s,
20
July §
Newlj'g Dutch.& Conn.— Inc8.1977
Sad. D. & W.— Gold, 58,1947... A&O
28>« Norf. & West.- Gen., 6s, 1931.M&N 118i« 120
2d oon. inc. 38, 1939
J&J
Julv § 28
2dm. Inc. 5s, 1948
93
Old Ist mort. 78. 1911
J&J « 89
New Kiver 1st 6s, 1932
117
A&O
Ind. Deo.&Sp.— lst,78,1906.AAO
96
94
Mexican Nat.— 1st, 6s, 1927. .JAD
Impr. & Exten., 68, 1934
F&A HI
InffpoUsA 8t.L.— lst,78, 1919.Var.
52
2dM.,8er. A,lnc.,6e,1917...M&8
60
A(\lustment 78, 1924
Q.— M. II2I4
Ind'apoUsA Vln.— l8t, 78, 1908. F&A
15
14
2d M..8er.B,inc.,68,1917.. April
Equipment, Ss, 1908
J&D 90
2d mort.. 68, g., guar.,1900.M&N
1261s
Mich. Cen.—Consol., 7s, 1902.M&N 124
Clinch V. D., 1st 5s, 1957.... M&S
101
Int. & Gt.North.— l6t.68,1919.M&N
88
Consol. 58, 1902
M&N HO
Debenture 68, 1905
2d coup. 68, 1909, Trust rec.M&S
M&S
122
90%
M&S
Norf'k&Petersb.,2d,88, '93.J&J 112
88, 1909
Iowa Cent.— 1st g.,58, 1938. .J&D
130
M&S 116
58, coup., 1931
Bo. Bide, Va.. ext. 5-68
1900 102
S'aFalls & a.C.— l8t,78,1917.A&0
102
Mortgage 4s, 1940
J&J
do
2dM.,ext. 5-6S....1900 102
'aoksonv. 8. E.—l8t, 68,1910. ..J&J
J.L.&8ag.Cons.l8tM,88,'91.M&S lOSij 103%
do
Ch.F.&8t.L,.,l8t,58.g.,1928.M&8
3d M.. 68, '96-1900.J&J 102
es,1891
M&S 101 102
Utofld C.& W., l8t, 68,19 16. J&J
do
Va.ATenn.,4thM.,88, 1900.J&J 12tt 128
JoUet&N.Ind.,l8t,7s(guar.M.C.) 117
do
extended 5s,1900.J&J 103
liOulevlUe & St. I,., 58, 1927.A&0
100-year mort. 58, 1990
Del. & B. C, Ist 83, 1M02
Jefferson— 1st 58, g. Erie,1909.A&O 105
J&J 96>t
100 ij North. Pac Coast 1st 6s
Air Line, IstM., 8s, 1890.. .M&N §100
Mad.&Ind.— Ist, 78,1906.A&0 §115 116
MAN
eS.
98 101
North Penn.—l8t,78, 1896.. ..MAN
119
Midd. Un. &Wat.Gap— l8t,58,1911
24 mort., 78, 1910
J&J 5l23 121
85
80
Gen. mort., 78, 1903
Kanawha & Mich.. Ist
J&J
2d 5b. quar. N. Y. 8. & W., 1896.
J&J 131i«
9914 9919 Mil. Lake Shore A West.—
Debenture 68, 1905
M&S
Xan. O. Clinton & Spr.— 1 8t,58,192
120
1st 68, 1921
M&N 121 I2II1 Northea8t.,S.C.—let M.,88,'99,M&S 124
Pleas. Hill & De Soto, 1 st, 7s, 1907 .118
Conv. deb. 58, 1907
2d mort.. 88, 1899
Kan.C.M.&B.-lst, 5s,1927.M&S 9914 99 1»
F&A 103% 105
M&S 122
il21>a 122
Ext. & Imp. 8. f.g. 5s, 1929. .F&A lOS^ 103%
Consol. gold, 68, 1933
K.0.8t.j08.& C.B.—M. 78,1907. J&J
J&J
Northern, Cal.— Ist, 6s, 1907. .J&J
Nodaway Val., l8t,78,1920.J&D illl 112
Mich. Div., Ist, 68, 1924
J&J 117
Ashland Dlv., 1st 6s, 1925. .M&S 115 120
Con?ol. 5s, 1938
K.O.F.8c.&Mem.-l8t,68,1928.M&N 114% 115
A&O 9»i4
CvuTentElrer, lst,58. 1927.A&0 100% 101
Incomes, 68, 1911
M&N 103 107 Northern Cent.— 4I4S, 1925.. A&O
106
107
K.C.Ft.8oott& G.— l8t,7s,1908 J&D 117»s 118
2d mort., 68,1900
St. P. E. & Gr. Tr'k, lat, guar., 6a.
116%
AAO
94
98
H7i»
Kan.C.Wy.&N.W.-l8t5s.l93S.J&J
Mil. A No.— iBt, 68, 1910... .JAD 112's
Con. mort., 68, g., coup., 1900.J&J
84 ^
Ken. Cent. Ry.—Gold 4s, 1987.J&J
lat, consol. 6b, 1913
J&D Hl'l
Mort. bds., 5s, 1926, series A J&J
111%.
Keokak&Def M.— l8t,5s,1923.A&0 104 loa
Mlnn'p. A 8t. L.— Ist, 78,1927.J&D 104
do
series B
Ill
S6H 100
Klng8Co.El.-8r.A.,c8, 1925. .J&J 104>s 104%
IstM., Iowa aty&W., 1909.J&D
Cons. M. 6a., 1904
J&J 118
61
2(1 mort 53. laas
A&O
Con. mort, stg. 6s, g., 1904... J&J '109 111
2d mort., 78,1891
J&J 59
80
Fulton El. l8t M. 5», 1929. .M&S
8outhwe8t.Ext.,l8t,78,1910.J&D
UnionRR.— Ist, es,end.Cant.,'96 108
Kings, & Pemb.—l8t, 6s,1912. J&J
90
Pacific Ext., lat, 68, 1921.. A&O
North. Pac— Gen.lst. 68, 1921. J&J ll7i«
70
I«ke E.& West.— l8t,g.,58,1937 J&J ill2
Imp. & Equip. 6s, 1922
Gen. land gr., 2d. 6s, 1933... A&O 113H
J&J 62
90
Xiake Shore & Mloh. 8o.—
Gen. land gr., 3d, 68. 1937...J&D H'^
Mlnn'p. & Pac., Ist, 58, 1936. .J&J e 88
94
Ca. P. &A8li.,new78, 1892. .A&O IO6I4
Minn.S.Ste. M. &Atl.-lst,58,1926 « 92
Dividend scrip ext. 6a, 1907.J&J 108
80i«
Buff.&E.,newbd8,M.,7s,'98.A&0 118 1191s Mo. Kan. & Texas, new 48, cert.—
80
Pen D'Oreille Div., 68, 1919. .MAS
55
54
Det.Mon.&Tol.,let,78,1906.F&A 130
Mo. Dlv. 68, 1919
New incomea
MAN
Dividend bonds, 78, 1899. ..A&O 119
861a
86
Conaolidrtt'd 6s,1920. Tr.rec. J&D
James Eiv.Val.— lst,g.,68,'36J&J
108
74is 76
iake Shore, cons., op., l8t, 78. J&J 126 127
Spokane & Pal., lat 6a, 1936.M&N lOSij
Consolidated 58,1920Tr.reo. J&D
do cons., op., 2d,7s, 1903. .J&D 126Js 127Js Mo. Pac—Consol. 68, 1920. ..M&N 109's 110
St.P.& Nor.Pac gen.68,1923. FA A 1 2 1 1«
Kalamazoo&WhitePigeon.lst U.
Helena* Red Mt.lst,63,1937M&S 102i«
3dmortgage, 78,1906
M&N --•- 119
112
Mabon. CoalRR.l8t,5B,1934.J&J
Dul. & Man., lat, 68, 1936. ..J&J 109
Truat, gold, 5a, 1917
M&S 97^8 98
109%
Ii9hlgh Val.— Ist, 68, 1898... .J&D 117i<i
99% lOJ
Dak. Ext., 1st, s.f 68, 1937. J&D 108 1081s
Pac.of Mo.,letex.g.48,1938.F&A
13ti>«
103
8d mort., 78, 1910
No.Pac.& Mon., lst,6s, 1938. M&S HO 110i«
M&S
2d 78, 1891
J&J
I38>4
Gen. M., 6s, g., 1923 reg
Coeur d'Al.,lat,g., 6a, 1916.M&S
J&D
112
Ver's Vy.Ind.AW.lst58,1926J&J
98
liltoU. Car.& West, Istg. 6s.'16J&J
do Gen. Istg., 6s, 1938.. .A&O 104
Leroy & C. Val., l8t,53.1926.J&J
L. Miami— Renewal 5s,1912..M&N 114
Cent.Wash'n, Ist g.6a.l938.M&S loo's
Car. Br., let, 68, g. 1893.. ..A&O ,,.,
99 "2 Mobile&O.— l8t,g'd,6s,1927.J&Dl HSij
Ju. Book & Ft.S.— 1st, 78, 1905..J&J
North.Pac.Ter.Co.- l8t,68,'33.J&J
112
UttleR.& Mem.— l8t,58,1937.M&8 k72is 74»a
1151s S. W. Nor. Car. 1st 6s, 1938. .A&O 100% 101
lat Extension 68, 1927
Q—3
inn 120
liong Island- Ist M.. 78, 1898.M&N
Gen mort., 4s, 1938
M&8 63 63 la Norw'h&Wor.— IstM.. 68.'97.. M&S §112 114
Ist oonsol. 58, 1931
Q— 117
'5
Ogd. & L.Ch.— Cons., 68, 1920. A&O lOZ"*
1st preferred debentures
Gen.M. 48, 1938
96
20
J&D
45
Income, 68, 1920
2d pref. debentures
K.Y.&E'yB'ch,l8tg.58,1927.M&8 100
Ohio L & W.— 1st pId.5s,l938..Q-J
8t.L.&Cairo— 4s,guar.,1931.J&J
81
35
2d mort. Inc., 1927
Ist 38, 1938, reorg. oert
S
Morg'n'8La.&Tex.,lst,68,1920J&J H*
Q-J
83%
».T.&Man. Beach. lst78,'97,J&J
5511
2d 68, 1938, rerog. cert
Q-J
Ist mort., 78, 1918
A&O 123
N. Y. B. & M. B.,l8t con. 5s, 1935
63
lataoc int. oert
66
Morris&Essex- l8t,7a,1914M&N l^^i* 145
Brook. & Mon., Ist 68, 1911. F&A
27
2d ace. int. oert
30
2d mort, 78, 1891
F&A 104>i 105
Ist 58, 1911
M&8 110 111
Ind. Bl. & W.— 1st, pf.,7s,1900.. Il8is
Conv. bonda, 78, 1900
J&J 120
2d, 58, 1938
128
J&D 107 110
125
Ohio & Miss.— Cone.,s.fd.78,'98 J&J 116is 117"
General mort., 78, 1901
AAO
Bmlth.& Pt. Jeff.,lat.78,1901M&8 110
Cons, mort., 7s, 1898
J&J H6
Consol. mort., 78, 1915
JAD 1*1 142
_ L. I. City & Flu. Ist 6s,191 1 M&N 115%
2d consol. mort., 78, 1911.. .A&O 122is
Nashua A Lowell— 6s, g., '93.FAA §106 107
tou'V.Ev.&Stl,— lst,68,l926.A&0 JIO914 109 12
l8t,Sprlngf.Dlv.,7e, 1905. .M&N 1131, HI
5s, 1900
FAA §10714 109
E. R. &E. Div., 1st, 6s,1921.J&J jl04
10414 Nash.Chat.AS.L.— l8t,78,1913.JAJ ;-.132%
Ist gen, 53, 1932
J&D e 99 101
H. T. C. & 0. 1st 6s,g., 1927. A*0 100 100 >4
OMo&N. W.— lat 68, 1936. ...J&J
2d mort., 68, 1901
JAJ 113 115
Oonsol. 58, 1939
87^ 87i« Consolidated gold 5s. 1928. .A&O 107i« 109
Ohio River RB.— 1st. 58, 1936.J&D 100
J&J
I«lii8. & Nash.- Cons. Ist, 7s .189S 115^6 lien Natchez Jack. A Col.— Ist, 6a, 1912
Gen. gold, 58, 1937
A&O 90
OeolUauBr., 78, 1907
112
M&8
Ohio Southern— Ist 68, 1921. ..J&D HOij
New Haven & Derby— Con. 58,1918
H. O. & MobUe. 1st 68, 1930. J&J
61
2d income. 68. 1921
N. J. Junction, lat, 4s, 1986. .F4A 102
do
2d, 68, 1930. ...J&J
Gen. M. 48, 1921
M&.V 64is 64%
N. J. &N.Y.-lst, 6s, 1910...MAN 100
B. H. & N., Ist 68, 1919
117
J&D
Old Colony— 6b, 1897
f&A §114 lllia
N. J.Southem— lat, 6s, 1899..J&J 102
Gen'l mort., 66, 1930
85
J&D
6s, 1895
J&D jllO 111
N. O. & Gulf.— l8t, 6s, 1926. .M&N « 80
Jjoa'v.C.&Lex.— l6t,7s,'97 ..J&J
114
112
7s, 1894
M&S
N.O. &Northea8t.— Prior 1.68.19 15
2d mort., 78, 1907
122
A&O
N.Y.&Can.-£M.,6s,g.,1904.M&Nell4, 116
41SS, 1904
A&O J1071S 109
liOuls. CIn. & Lex., 68, 1931.M&N
J&D ilOo 106
41SS, 1397
N.Y.C.& Hud.Kiv.— Ext'd Ss. M&N 101 « 102
_
Mem.& 0.,stl., M.,78, g.,1901J&D
123
48, 1938
J&J ilOOij 108
1st coup. 7s, 1903
J&J 130
iI.AClarkflv.,st'g,68,g.,1002 F&A
116
B. C. F. & N. B., 58, 1910 ..J&J }H4i4 115
Debenture 58, ls84 1904. ..M&S 112%
Feniaoola Div.,lst,68,1920..M&S
123
111
N. Bedford RR., 78, 1894 ..J&J §110
Bterlingmort., 6s, g., 1903. ..J&J «121
0t loulB Div.. lat, 68, 1921 .M&8
93ii 93% Omaha & St. L.— Ist, 4s, 1 937. .J&J
7714 79
N.Y.CUio.& St.L.— l8t,48,1937.A&0
do
2d.,38,,1980.M&S
35
65
80
Orange Belt— IstM., Ss, 1907.. J&J
31
N. Y. &6reeuw'dL.-l8tM. inc. 68
Hash. & Deo., Ist 78, 1900. J&j
6is
8
Oreg. & Cal.— lat Ss, 1927
JAJ el03 lOS
2d mortgager income, 6s
110i«
Ko.&No.Ala., 8. F. 68,1903M&N
113
Oreg.Ry. & Nav.— 1st 6s, 1909.J&J
N.Y.&Harlem— 7s,coup.,1900.M&N 125is
103i«
Ten-forty 68. 1924
I34I4
108
M&N
Consol. mort. 5a, 1925
N.Y. Lack.& W.— 1st, 6s, 1921. J&J 134
J&D
60-year gold, 56, 1937
103
M&N
11211
Collateral trubt i.8, 1919. ...M&S
2nd, 58, guar., 1923
F&A
Penea. & Atl.— lst,68,gu,'21.P&A
109
Oregon&Transcout.—68,I922M&N IO518 105 >«
N. Y. Lake Erie & Western—
CoLtr., gold, 58, 1931
M&N
Ist M., ext. 78, 1897
M&N H6i« 119 Osw.&Bome— IstM., 7s, 1915.M&N 125 i07~
B. &N. Al. B. f. 68, 1910. ...AAO
lie
Ox.&Clark.— lat, p.& 1. gu. 6e.M&.y
2d mort. extended,58,1919.M&a 1151* 117
B.&N. Al. Conaol. 5s, 1936. .F&A
103
l8t interest guar., 68 1937. .M&N
3d M. extended, 4ia8, 1923. .M&S 109 110
Nash.F.&S.lstgd. g.58,1907.F&A 103
4th M., extended, 58, 1920.. A&O 11214 114
Panama— Sterl'g M., 7s. g. '97.A&0 elOl 104
I/'8 7.N.A.&Chlo.— lst,68,1910. J&J
118
104
5th M., extended, 48, 1928. J&D 104
Subaidy bonds, tie, 1910....M&N elt-2
Con. mon. 6s, 1916
A&O
102
Ist cons. M., 7s, g., 1920
Penn.Kli.—Gen.M,6a,cp., 1910. J&J 131
M&S 134%
Ind'ap. Div., 6s gold, 1911. .F&A 104
105
i'2S%
14U
lat cons. fundooup.,7a,1920 M&S el35
Cons. M., 68, cp., '05. J 15 A D. 15
l«'lBV.N.0.&Tex.-l8t,4s,1934M&S
90
1 12
Eeorganizat'n lat lieu, 68, 1908
CoUateral trust, 4ia8, 1913. .JAD ei'li" 113
2d mort, inc., 58, 1934
M&S 40
Long Dock mort., 78, 1893. .J&D HO
MAS 113
Conaol. 58, cp.,1919
l,0uis.St.L.&T.— 1 St 68,g. 1917.F^
97% 98
el04 106
do
con. g., 68, 1935 ..AAO
120
Equip. Tr. 4s, series A.
JJeulsv. So.- 1st 68. g. lai7...M.j
90
New 2d oonB.68, 1969
JAD 104 I04''a Penn. Co., 68, coup., 1907. .Q.— 107
do
Extension, <'B...J_^
l8tM.,4i«s, 1921. .JAJ
i09^
70
Collateral Tr. 6s. 1922
Penn. Co.
MAN 110 111
Uanhat. El., consol. 4e, 1990. ^£6
Funded couoon 58, 1969
Penn.&N.y.Can.— lst.78,'96.J&D ii'sii 117
J&D 90
Metrop'n El.— lat, 6b, 1908. .J&J 115% 116>«
Gold Income bonda, 6s, 1977
lat mort., 78, 1906
J&D 129 132
80
e 70
2d 68, 1899
.M&N 106>«
N.Y. &L. Br' oh— Ist, 58, 1931.J&D 112ij
A&O
A BR. contol. 48, 1939
N.Y.Elevated.— l8t, 78, 1906.J&J 115 il5% N. Y. N. H. & H.lst r. 48,1903. J&D 109\ 111
Penn. A N. W.—
Maine Cent.— Mort. 7a. 1898. ..J&J (118 120
S.Y. A North.-let'g.58.1927.AAO HII4 112
JAJ 104
5a, 1930
' Piloea
nominal; no late tranaaotlonB.
UOoupon oo.
§ rnroliBseratBO pays aoonied latereat.
t In Amsterdam.
elnlxmdon.
8e,
68,
81
Tr.
Ist, 7b,
5
107
C—
97%
I
• • •
'
.
.
m'
.
.
.
.
.
Mat
THE CHKONICLE.
17, 1690.]
695
GENERAL QUOTATIONS OF STO0K3 AMD B0-VD3—CoirriNCED.
For BxpIaoBUona !Ma Notes
SA.n,KOiLO Bond*.
85
A
SvansviUe DlT.,lBt 68,1920.MAS
P60.4 Peklii Ur . -lBt.68,1921.q-F
MAM
3(lmort.4><B, 1921
PerUomen—l steer. 58, 1918 Q-J
Q.—
2(1 seileB 5s. 1918
Petersburg -C1«8h A, Ss, 1926.JAJ
Class B, 6b, 1926
A&O
1081$
105 •< 108 14
75
103
112
67
102
elcO
106
A&O
A*0
8anl). AEiie— let, 7b, 1897.. A*0
Phlla. A Keart'g— Ist, 6s, 1910.J&J
ad, 7S.1893
A&O
General
General
Ss,
48.
1920
1920
Oonsol.M. 78,1911, reg.Acp.JAD
CODBol. mort., 68,1911
JAI
,
Improvemeut mort., 6a,
New gen.
mort., Jb, 1958
JAJ
Istpref. inc., 58, gold, 1958. ...F
2d pref Inc. Ss, gold, 1 958 .... F
8d pref. Inc., Ss, (told, 1958. ...F
.
Sd
,
pref., Inc.,
Phlla.
6s,
68,
."is,
conTertlble...F
WU. A Bait.— 6s, 1892. .AAO
llOH
84^
105
98
13
P4T8
72 3» 73
'44
45
5101
AAO
1900
1910
130
120
Cone. 5s, let 8eriee,l922....M&N « 93
10
^Deferred income 68
J&D }U8»4
MAN
Bahjmas Bokds.
55
44H
47
102
112
lOS^s
Ashtabula A Pitts.- 1st 6s. 1908.
Portl'ndAOgb'g— lst68,K., 1900J AJ
Port Royal A Aug.— 1st, Bs, 'gg. JAJ
Income mort., 68, 1899
JAJ
Port8.Gt.F. &Con.-4i«e. 1937.JAD
.110
«»v. Fi. & W.— let, 68, 1934..
At. & Gulf. con. 7», 1897 ....JAJ 1101«
80. Ga. A Fla.-let, 78,1899.MAN 116
110
2d. 7s, 1899
Sclor.V.AN.E -lst,K.,4e,1989.MAN
Seaboard A Koan.~68, ltflll..FAA
5a, coup., 1926
.. JAJ
3eat.L.8.AE.— l8t,gold,68,'31.FAA
jbam. Sun.& Lew.— l»t, 5s,'l 2MAN
aham.V.A Pott'».-7H, con. 1901 JAJ
jnenan. Val. -Ist. 78, Tr. rco.JAJ
General M., 68.1921 Tr. reo.AAO
Incomes, 6b, 1923
Shreve. A Hous.— let, 68, gu., 1914
Sodus BayA 80.— lst,58,g.,1924 JAJ
80. Cen. (N.Y.)— Cunsol. mort., Ss..
So. Carolina— 1st M., 68.1920. .A&O
Do
Ex April, '89 coup. AAO
2d mort., 6a, 1931
JAJ
Ineomees, 1931
80. Pac.Arlz.— l8t,68,1909-10.J&J
do Pao.Cal.-lst,68,g., 1905-12 A&O
Ist con. g, 58, 1938
AAO
So. Pao. Coast— Ist gii.,g., 48, 1937
80. Pac.. N. M.-lat, 6a, 1911 .JAJ
Spok.FallsAN.- let68,g.,1939.JAJ
State L. ASul.— Istds, 1899. ..J&J
100
92H
123
124
53
20
I25I4
a9i<
43
35
99
106
100
104
AAriz.C— lstg.G8,1916.JAJ
2d Inc. 68, 1916
JAJ
Pres.
9»is
60
11
10619
100i<
107
J 1 00
& Worcee.— iBt e8,1897.AAO
Kilelgh A Gaston- 8b, 1898. ..JAJ
Prov.
{112
119
en.AS'toga— lst7s,1921 cou.MAN 145
Kicli.ADan.— 3en.ui.,68, 1915JAJ 117
Debenture, Ge, 1927
AAO 104
Con. mort. gold, 5s, 1936. ..AAC>
88
E((uip. M. B. 1. 5b, 1909
MAS
Blob. A Petersb., 68, 1915. ...MAN
Blob. York R. & Cbes., iBt 8s, 1891 109
2d mort., 68, 1900
MAN 103
Bablne Dtv., Ist, 68, 1912... MAS 106'
A P.-Ea8t.D.lst68,1905.MA8 luSis
Tez.
Ist gold, 5s, 2C00
JAD 951)1
2d gold Inc., 5s, 2000
Mch 413g 441s
104 >« TbtrdAvenuelst 5s, 1937
JAJ 113 114
105 1«
96
Tol. A. A.ACad.— let,68,1917.MAS 105
113
i48'
Tol.
Tol.
103
104
803a
Sloe's
$
.
.
. .
•
Prloe nominal.
4
Fnrehaser also pays accrued
Interest.
<
In London
||
1061s
108
122
112
114
115
117
el06
el20
111%
113%
lU's
116%
112% II3I4
.
.
103 >s
81
99
90
let, 68, g., 1915..
Tol.Peoria&W.— lBt,4s,1917....JAJ
88 >« Tol. St.L.AK.C.,lst.68,1916...JAD
United Co'bN.J- Gon.68,1908.M&S
110
do
gen. 4e, 1923
FAA
105
do
gen. 4e, 1929
MAS
Blob. A West Pt.Ter., 6s, 1897. FAA 1C058 101 !«
sterUngdo
68,1894
MAS
82>4 82%
Con. col. trust, lBt,5e, 1914, MAS
do
6s,1901
MAS
v7is nnlon Paclflo— 1st, 6e, g, 1896. JAJ
Elo Grande West., let 4b, 1939. JAJ
77
Borne A Carrollt.- Ist, 68, g., 1916
90
1st, 68, 1897
J&J
BomeWat'n&O.—S.F.,78,1891 J&D 106 >« 107
1st, 6s, 1698
J&J
8d mort., 7b, 1892
JAJ 106
iBt, 6s, 1899
J&J
Consol., extended 5e, 1922. AAO 108 >< 10*913
Sink. F., 8s, 1893
M&S
Batlanu— iBtM., 6b, 1902. ...MAN II214 L12i«
Ooi. Bridge, nterl. 8s, g., '96.A&0
Equipment, 2d 58, 1S98
Fi:A 5100% 101
Collateral trust, Ga, 1908 ....J&J
St.Jo. A Gr. Isl'd— l8t,guar.6s,1925. 1U6H
Collateral trust, Sa, 1907
JAD
46
Sd mort.. Incomes, 5b, 1925
Collateral trust 4is«,I918..M&N
Sii*
Eiin. C. AOm. Ist 58, 1927.. J&J
Kans.Pao., lat, 68, 1895
F&A
113
Bt.L.AJt.AT.H.— 1st M., 7s, '94.JAJ 112
do IstM., 68, 1896
J&D
Sd mort., pref., 78,1894
FAA 108
do Den. Ext., 68,1699. M&N
Sd Income, 78, 1894
MAN 106
do iBtOOUB. M.,68,1919M&N
6219
Dlv. bonds, 1894
61
Cen. Br.U.P— A .&P. P.68,'95 MAN
BelleT.AS.Ill.,l8t,S.P.88,'96.AA() 114
Fund, coupon 78, 1895 ...M&N
BeUev.A Car., let 6s, 1923.. J&D 105
Atch.Col. & P.,let,68,1905Q.—
Cli.Bt.L.&Pad.,l8t,g., 5b, 1917..
99
At.J.Co.A W.,lst,68,1905.Q,—
Bt. L. South., let, 4s, 1931. .MAS
79
U.P. Lin. A C, lst.g.,58'18A&0
do 2(),income58, 1931 ..MAS
44
Oregon 6bcrt-L. & U. N. Consol
83
Carb. ASbaw.,:Etg.48,1932.MAS
80
Oregon 8hort-L., 68. 1922 .. F&A
Bt.UArk.A Tex. 1st Trust KecelptsI 93
93>t
Utati 80., gen., 78, 1909
J&j
2d mort.. 6s, 1936
F&A 31
do Ext,l8t,78,1909J.SiJ
1st 48, certs., when Issusd
Utah ANor.— l8tM.7e,1908.J&J
77>i 78 14
49
2d 4s,
do
do
Gold 5s, 1926
J&J
Bt. L. & Iron Mt.— l8t,78,'92..FAA ioi'si 105
UtJoa &Bl'k R.— Mort., 7s, "91 .JAJ
Sd mort., 78, g., 1897
MAN 106%
Valley of Ohio— Con. 68, 1921. M&S
Ark. Br. 1. gr., M., 78, g., '95.JAD 108 '8 10i>i» Ver. & Mass.— Guar. 58, 1903,M4N
Oalro A Ful., lst,l.g.,78,g.,'91.JAJ 102 13 102=8 Vlcksb. Sh. A Pac. -Prior Hen, 6e.
Cairo Ark. A T.,lst,78,g.,'97.JAD 105
Virginia Mid -1st ser,6s,1906.M&8
94i<
Qen. con. r'y A 1. g., 5b,1931AAO
94
2a series, 6a, 1911
,
M&S
t.L.A8.Fr.— 2d6B,ol.A,1906.M&N 113 115
M&S
3d series, 6b, 1916
2d M., 6a, olass B. 1906
113 113 >«
MAN
4th serlea, 3-4-5s, 1921
M&8
2d M., ee, olasa C, 1906
M&N 112>t 113i« 9th series, 58, 1926
MAS
1st m. Mo. A W. 68, 1919 .FAA ellO 120
General 58, 1936
MAN
Baalpment 78. 1895
JAD
guaranteed, stamped
do
General mort.. 68, 1931
J&J 113% iiiii Wabash- let gold 5s, 1939. ..-H&N
General mort., 5s, 1931
J&J 101
F&A
2d gold 58, 1939
l8t trust, g., 5s, 1987
89
A40 88
Deb. mort., series A, 1939. ..J&J
Kan.C. &bw.,lst,6B,g.,1916..JAJ
98
Deb. mort., scries B, 1939. ..J&J
Ft.8.A V.B.Bd.,]8t,68, 1910.AAO 105 110
8t.L.K.C.&N. (r.eat.&B.),78.M&8
«t.L.K.ASo.W. -let 6b, 1916MA8
do St. Cba'e Bridge 68, 1908
KansasMid.— let, 48, 1937.J&D
do No. Mo., Ist, 1893...J&.1
^t. Louis Salem A Arkansas-As. f.96
Warren (N.J.)— 2d, 78, 1900 ..AAO
St. L. W. A W., 6e, 1919
MAS tno9
West Chestei^Con. 7s, 1891 A&O
Bt.L.Vand.AT.H.-lstM.,78,'07.J4J 114 117
W. Jersey A At. Ist M.,68l910MAS
Sd mort., 7s, 1898
M&N 107
West Jer8ey-l8t,«8, 1896
JAJ
Sd, 78, guar., 1898
M&N 110
1st mort., 78, 1899
AAO
Bt. P. & Dulutb— Ist, 58,1931. F&A 110
114
West Shore— Guar. 4«, 2361. ..JAJ
2d mort., 5b. 1917
AAO 104 10.'i»8 WestVa.C.APltts.- l8t,68,1911J&J
BtP.Mlnn. A Man.— Ist 78,1909 J&J 113 115>« West'n Ala.— 2d, 8s, guar.'90.A&O
2d 6e, 1909
A&O
We8t.Maryl'd— 3d en.,6s, 1900.JAJ
Dak. Ext.. 6s. 1910
MAN
120
West. N.Y. APenu—
l8t consol. 6s, 1933
JAJ 118^
iBt. 58,1937
JAJ
l(t consol^ reduced to 41*8 ..J&J 101%
2d m., 3s g.— 5e so. 1927. ...A&O
Montana Ext., let, 4s, 1937. JAD
90
Warren A Frank., lit,7B,'96FAA
Minn's U'n, lot, 68, 1922
J&J 114
W'n No.Car'lina-Con.6a,1914.JAJ
Montana Cent.— lst.68, 1937J&J 115
West'nPenn.— let M., 68, '93. .AAO
East'n, Minn. ,lBt,g.,5s,1908. AAO 104
Pitts. Br., 1st M., 68, '96
JAJ
1031s
96
& Oblo Cent.— Ist, 5s, gu. 193.5.
& O. C. Eit.-lst, 58, g., 1938.
Marietta Min.,
90
llOis
A. A.«Gr.T.— l8t,68.1921.JAJ
A. A.&M.P.— l8t,6s,1910.M&8
Tol.A.Ar.&N.M.- lst,68,1924.M&N
Tol.
Tol.
8112 118
107=8
9314
84
il6i«
nils
iiaia
114
113%
114%
108
102
95
92
98i«
94
941s
114
113
114
1131s I14I11
115
tlt2%
i
IO414
107 1«
109
120
il07
el07
115
1151a
luS%
lom
Wheel. Dlv., Ist, 5s,1928 .....I A J
Eitena. and Imp. 5b, 1930. .FAA
Wllm. Col. A Aug., 6a, 1910 ..JAD
Wllm. A No.— l8t. 5«, 1907-27. JAD
Wilmington AWeldon—
Sinklnv Fund 7e, g., 1896.... J&J
5s, 1935
JAJ
WinonaAS. W.— lat,Oi.g.,l 928. AAO
WIscon. Cent.Co.— lBt^l937 JAJ
locomea. iion-cum., 5a, 1937
Wore. Nash. A R.— 5s, 'gS-'gS. Var.
Nash. A Booh., guar., 58, '04.AAO
RAILROAD STOCKS.
80
102
117
llBta
100
591s
100%
60
U03
106
{103
lOA
33
& Susqueta. Guar., "Z... 100
Atchison Topoka A Santa Fe.. 100
Atlanta A Charlotte Air Line . . 100
Atlanta A Weet Point
100
Atlantic A PacUio
100
Augusta A Savannah, leased ... 100
Baltimore A Ohio
100
do
Ist pref., 6
100
do
2d, pref
100
Albany
101
Par.
170
,
4938
93
107
9i«
143
99
127
116
120
219
174
221
BeUeviUeA
80. lU., pref
ICO
Boston A Albany
100
Boston A Lowell
100
Boston A Maine
100
Boston & N. Y, Air-Line, pref.. 100
Boston A ProTldenoe
100
Boston Revere Beach & Lynn.. 100
Brooklyn Elevated
100
Buffalo Rochester A Plttsb
100
do
pref
100
Burlington C. RapldsA North.. 100
100
California Pacific
100
California Southern..
50
Camden A Atlantic
do
do
60
Pref
100
Canada Southern
Canadian Paolfio
100
Catawlssa
50
do
Ist pref
50
do
2dpref
50
Cedar Falls A Minnesota
100
Central of Georgia
100
100
Central Massachusetts
do
pref... 100
Central of New Jersey
100
50
Central Ohio
do
Pref
50
Central Paclflo
100
Central of So. Car
50
100
Charlotte Col. A Aug
Cheeap'ke & Ohio, Vot. Tr. oert. 1 00
do 1st pref. 100
do
do
do 2d pref .100
100
Cheshire, pref
100
Chicago A Alton
100
do
pref
Chic A Atlantic, Benef Trust reels.
North.. 100
Chicago Burlington A
Chicago Burlington A Qulaoy..lOO
100
Chicago A East. Illiuois
pref
100
do
Chicago Milwaukee A St. Paul. 100
pref., 7.100
do
100
Chicago A North Western
Pref., 7. .100
do
Chicago Rock Island A Pao. ...100
100
Chic. St. Louis A Pitts
pref
100
do
Ohio. St. P. Minn. A Om., com. .100
pref.. 100
do
100
Chicago A West Michigan
100
Cln. Hamilton A Dayton
104%
269
159
33
35
771s
23
Ills
r
r
16
10
3i
60
80>s
r
r
1
10
69
58
11
5
214
39
180
i9H
93
110
100
230
174H
233
260
156
40
40
80
35
19
13
60 14
81
4%
124
171s
361a
127
12S
18
37
123
61
65
341s
39
57
25
38
23ie
65
431a
112
123
I414
.
40
109
39%
87%
77
121
M
iia
136
14>«
40i«
100 la
39T,
88
77i«
1211s
115% llS^s
146
149
9Si«
17i«
611a
96%
36
36%
'42^
110
73
Cincinnati N. O. & Tex. Pao.. ..100
27
50
Cln. Sandusky A Cleveland
I
60
Cincinnati A Springfleld
2>s
Cln. Wash. A Bait. Trust rec.lOO
5I4
do
pref. .100
100 36-'*
Cleveland Aliron A Col
11
100
Cleveland A Cant«n
27^
Pref.. 100
do
do
100 7314
CTeve. Cln. Chic. A St. L
pref
do
luO 991s
do
50 1S5
CleT. A Pittsburgh, guar., 7
100 34I9
Columbia A Greeuvllle,piei
100 25 14
Col. Hock. Val. A Tol
17
60
Col. Springf. A Cin
50
Columbus A Xenia, guar., 8
50 150
Concord A Montreal
18
98
100
76
27 14
8
COS
'
Boston Cun. A Mont., pref. ..100
861s
87
S.'j
Concord & Portsmouth,guar.,7 lOU
100
102 M 1021s Cormectlout & Paasumpslo
81i« 841$ Connecticut River
3 00
100
pref
Consol. of Vermont,
loO
561a 5b ~6 Current River
3is..50
109
Dayton & Michigan, guar.,
Pref., guar., 8.50
do
100
11638
Delaware & Bound Brook
IOC
Delaware A Hudson
50
Delaware Lack. A Western
103^
100
Delaware A New England
106
100
112
Denv. ABloGr.
preLlOO
do
do
124
100
i05% 1051s DesM. A Ft. Dodge
Prel
100
do
do
109 110
Detroit Bay City A Alpena. ...100
100
Oet. Hills. A Southwest.
120
100
Det. Lan. A Northern
Pref
100
do
do
100 Is 101
100
39 14 39''g Doluth So. Shore AAtl
Pref.. .100
do
do
110
100
East Tenn. Va. AOa. By
97 103
100
Istpref
do do
104
100
2d pref.
do do
110%
Couponofl.
99
110
100
Ala. Gt. South.— A., 68, pref.,. £10 < 101*
4it
B, common
it 10 e
2
Ala. N. O. A Pac.. Ac.. A, pref ..CIO <
do
H
do
B, def.«10<
851*
118
e
Alabama A Vickeburg
Stat. Isl. R.
iii"
(116% 117
100%
WbeellngAL. Erie— 1st, 5t,... 1926 105>t
. .
110
Tr.— 1 Kt68,g.,1913. AAO 114 lis
2d mort guar. 5s, g., 1926... JAJ
119
Bteuben. A lud., Ist .5s, 19 14.. JAJ 1^8
113
8anb.Haz.AW-B.— l8t,5B,1928MAN 10;i
1161a
2d mort., 68, 1938, reg
MAN 98
132
Sanb. A Lewistown, 78, 1896. -JAJ lloij
Susp. B. & Erie June— let 78, 1900 &111
Syr.Blng.AN.Y.— con80l.7B,'06AAO 131
Terre H A Ind.— let, 78, 1893 AAO 106
120
Consol. mort., 5e, 1925
JAJ 104
Terre H. A Log'pt.— lst,gu.,68,J&J 100
^ii5Plttsb. McK.A Y.— l8t,68,l932.J&J
1st and 2d, 68, 1913
J&J 98
49
100
Pltte.Paln.AF'.— l8t,g.,ce,1916J&J
Tex. Cent.-l8t,8k.fd.,7s,1909MAN
Plttsb. A West.— 1st, 48. 1917. JAJ
6lh 82>ji
l8t mort., 78, 1911
MAN 49
Pitts. Y. A Aeh.-lBt,5s,lil27.M&N
Texas & New Orleans— lBt,7s. F&A
Trust certs. Is, 1922
Pled. A Cunib.— 18', Ss, 1911. FAA 102
Pine Creek- 6s, 1932
J&D
Plttsb.C.A 8t.L.— Ist, 7b. 19O0.F&.\ 116
Pittsb.Cl.ATol.— let,68, 1922.A40 ellO
Plttsb.&Oon'UsT.— l8tM.78,'98.J.W 116
Bterllng cons. M. 68, g., guar. J&J el30
Plttsb.Ft.W. & C.-let,7»,1912 Var 145
2d mort., 7b, 1912
JAJ 140
8d mort., 7s, 1912
AAO 135
Plttsb. June. 1st 6s, 1922
JAJ 118
Plttsb. ALake E.— 2d, 56, 1928 ....
Bid.
W.Penii.-(Cont.)-Oold48.'28..I&D
Bid.
87~
«an Ant.A A.Pa88.,l8t,6s,1916.J&J
1st. 68,1926
JAJ 87 >a
San F.& N.P.- lBt,.'Se,g.,1919. JAJ
SiiudUBky Man8f.& N.— Ist, 78,1909 ,117
MAN
1311s
A&O el03
'97.
71
ioi'
113>«
100
118
122
110
of Vlrat Pmse of <laotatlaaa.
AAO
105>i(
FliUa.iii£.-aen.Kuar.,68,g.,'20.J&J el28
HamA
BAnjtoxo Boin>t
Bid.
BOBt — X«(, Oh, lfl39..JAJ
Bsaa.A Atlantlo-l8t.6B,1921.FAA
Peo. Deo. A Ev.— Ht. 6b, 1920 .TA.I
MAN
Sdmortssge. 58, 192fi
Pa. P.
at
a Prloe per share,
t
la Amsterdam.
xl34
140
118
220
45
75
HI4
a7i«
781a
100
36
25%
30
150%
136
150
120
221
45%
80
77
1721s
1731s
1471s
iVi"
174%
147%
19% ao
5|% 66%
25
89 <s
0%
9C.-
30
25
7
20 la
10%
79
35
8
22
U
SO
34^ 24%
THE CHRONIOLB.
696
[Vol. L.
GHN'EKAL QUOTATION'S OP srOJKS AMD BONDS— Oostindso.
For Biplfcnatlon* See Note»
Bid.
RArLROU) BTOCKg.
East Pennsylvania. 50
Eastern (Mass.) ..100
do
Pref.lOO
Eastern In N. H. .100
EUz. Lex. <& Big 8.100
£Uuira<b W'mep't 50
Pref.
do
50
ETBUBvllleAT. II. 50
Pen V.T.Cer
do iBt pref.oum.lOO
do2dpf.Don-oum.100
Georgia Paeiflc.lOO
Ga. Kll. & B'kgCo.lOO
'Fla.Cen.<&
.
Gr. Raplde& Ind .100
Qt. Nortl). Ry. pref..
161 I61i«
42% 43
14B 149
Oregon Traus-ContlOO
109 •« 110
Pennsylvania RE. .60 » Sl^s 54%'
15
25
Penn. & Noithweat.50
Sia
5
Pensaoola & Atlan.lOO
23
23
70
Peoria Dec. & Kv..lO0
100
120 124
Petersburg
90 »« Phlla. AErle
50 « 36%
90
36% 37% Phil. Germ. & Nor. .50 «130
•14i«
44»f>
lOaij 103 >s Phlla. A Read. cert. 50
2301a
718 Phila. A Trenton.. 100 »
7
ij
63
62
Phlla. Wilm. A Bait. 50
t64
Pitts. Cln. A St. L..50
•t23>4
13
Pitts. A Connell'e..50
11
Pltts.Ft.W.A C.,guar.7 154
105
10
Pltts..Tnnot.,term'1.5% slOO
3
Gr.B. W. &BtP...100
do
Pref... 100
H»r.Por.Mt.J.&L..50
HousatoDlc pref
Hou8. A Tex.Cent. 100
Hunting. & Br.Top.50
do
Pref.50
Bllnols Central... lOti
do leased l.,4p.c. 100
Iowa Central
do
Iowa
F.
100
Pref. 100
& Sioux City
Jeft.M.AInd.,l'd.lOO
Kan.C.FtS.&Mem.lOO
Kan.C.Ft.S.&G.pf.lOO
Kan.U.Mem.A Bir.lOO
Kan.C.Cl'n
&
MISCBL.I.ANEODS.
Sp'd.lOO
—
B2>4
Pitts.Va.
10
11
Pitts.
17
82
20
Pref.. 50
do
Pitts. Youngs.AAsh. 50
pref
50
do
43%
18»s
19% 20
.
67
St. L. A.A T. reo'te.lOO
San Fr.lOO
St. Louis
67 H
A
.
i
Hill
Mlnneap.
do
AS. H... .50
L..100
Pref... 100
Mlsso'l Kan.& Tex.lOO
2d asst. paid
PJd.certs. wheniss'd
<fe
St.
8
t
Louis A Cairo
43
St.LoulsAlt.AT.H.100
Pref.lOO 125
do
8h. A Mleh. 80. 100 lll^e iim
Lehigh Valley
52is 52%
50
50 1661s 167
8
68
70
50
Long Island
901,1
92
5C
Lou. Evans. & St L. 1 OC'
29
30
59i« 60
do.
Pref. 100
S2i6 92%
Loolsv. 4 Nash v.. 100
Lonlsv.N.A.&Chio.lOO
44
47
Louis. Bt. L.& Tex.lOO
30
35
Louisville Bouth'n 100
7
6
Mine
8I4
72
St.
St.
44
135
14 18
36
do Pref.... 100
do Ist pref.lOO
L. Van. A r. H
651s
66 14
106
5
PaulADuluth.lOO
Pref.lOO
do
St.P.Miiin.AMan.lOO 1131a 1141s
Scioto Val.
A N. E..100
Seab'dA RoanokelOO
314
South Carolina. ...100
35
Southern Pac. Co 100
8'west.,Ga.,g'd, 7.100 132i«
7ia
Summit Branch.Pa. 50
112
Siinb'ry ALewiet'n.EO « 56
154 158
90
rerre H. A Ind'nap.50
x212 215
2314
Eexas APaciflo...lOO
38 14
116
Pol. Ann Arbor A N.M
15
65
Tol. A Ohio Cent'l.lOO
90
Pref.lOO
83
do
18 »s
Tol. Poor. A West. 100
60
Tol.8t.L.AK.City..l00
26ie 26%
pref.. 100 *
do
6i8
6% O. N.J.RRAC. Co.lOO
100 661s
Union Paolflo
231a 25
100 lOOis Uu. Pac. Den. AG. 100 37 ''a
94
96
aticaABlackRiv.lOO 135
111 1141s Vt.A Mas8.,l'8ed,6.100 140
60 14
50
Virginia Midland 100
69
14%
100
Wabash RR
31
8
pref. .100
do
71a
. .
. .
»
18
8%
73
12
St.
19
Little Miami
Little Rock &Ft.
Little Schu'k'l
Manhattan, con. .100
Marq. H. AOnt.. .100
do
Pref .100
Massawippl
100
Memph.it Charl
25
Mexican Central ..100
Mexican Nat., Tr. ree.
Mex. Nat. Const r. Co.
Michigan Cent. ...IOC
Mil. Lake B. &, W..100
do
pref. 100
Milwaukee & Nor. 100
130
100
Rutland
Pref., 7.. 100
do
St. Jos.AG'dlsl'd.lOO
lAkeErle &W....100
do
Pref. 100
Pref.. 50
55%
»
Ports. Gt.F.A Con. 100
Kln«;Bt'n&Peinbr'ke50
do
30
40
3S
A Augusta
Port Royal
100
Keokuk 4 West'n. 100
Maine Central
100
Man. & La'w^oe.. .100
28
38
32
«
7>j Port.Saoo APorts.lsd 6
20%
pref..
Mahoning Coal RR. 50
A
131
17i« 25
153
151
1 90
117»» Rens. A Saratoga.. 100 185
116
221s
21
99
Rtoh.A AUeg.,cert....
12
com. 100 ...
llVl
Rich. F. A P.,
Slifi 32i« Richmond A P'b'g.lOO 105
34
RIch.AW. P.Ter..lOO 2556 25%
85is 86I4
65
75
do Pref. ...100
66
67
Richmond York R. A C. 95 100
21
136 137
24'e
Rio Grande West. .100
531s
44
45
pref.lOO
53
do
RomeW. AOgd...lOO 113% 115
51s
4
9
30
I4.
A Charle8.50
Western... 50
81\
Kentncky Cent
1 00
Keokuk &. Sen M..1C0
do
Head of
Ask.
Ptr»t
Page of (tuatatlogn.
HlSOBLLANEOCS.
Bid.
Oreg. R'y & Nav.. 100 105% 1061s Den.C.Cablelst68l908
51% 52% Eq. G. A F. Chic. lBt.6a!
Or. 8. L. A Utah N.lOO
56
f
FltohburK, Pref. . ..100
Flint & Pere Marq.lOO
do
pref.. 100
Ask.
at
Bid.
20
Warr'n(N.J.),l'8'd,7.50
West Enl (Host.). ..50
do. pref. (Bos.) 50
87
7%
95
23i«
38%
70
85
27
231H
66 »8
38
150
14014
^2h
14i>H
31I4
88
86% 87
17
30 li West Jersey
50
7714 West Jersey A Atl... 50
18% 1&=8 Western Maryland. 50
West. N.Y.A Penn. 100
I5314
100
Wheel. AL. E
103 107
pref.lOO
do
Wll. Columbia
55' Wilmington A A A.] 00
54
Nor.. 50
1
WlUu. A Weldou, 7.100
I6'e
5
35I3
135
30
77
«
59
Ask.
100
tlaokens'k Wat. Ist, 5b 106
Hend'n BridgeOs.'.OJl IIOI4
Iron Steamboat Co. 68
80
H1SOELLA.NEOUS.
TELKGRAPB.
Americau
87% 88
170 172%
8S
88%
District. 100
Amer. TcI.A Cable. 100
871s 88
I24I4 125i« Cent. A So. Am. Cable
LacledeGa8,8t. L 1 etis
.Market St.Cable e8,'13
Income
64
100
65
85% 86
160
Oommerl Cable ColOO 103% 104%
Mut. Un.Tel.,6s, MAN
100 25
1021s Franklin
Gold A Stock
Bng. Tel. 68. 1899 1041s 105
100 98
N. O. Pao. laud grants
Mexican
25
100 200
23
North west, gaar
S.W.Tel. 7s,1904.JAJ 1021s
60 80
lOSie Paciflo A Atlantic....
Or. Imp., 1st, 6a. 1910 105
58
Postal Tel. A Cable. ..
Conaol 5s,1939AAO
30
941s
Bouth'n A Atlantic. 25
Ocean 88.C0., 1st guar.
80
New
Pa. Steel, Ist, 5s, 1917 105 14
People's G. A. C. Chic.
let, 68, 1904, MAN.
2d. 68
Phila. Co. l8t,6s,1898
Poughk'8ieB'ge,l8t,63
100
Western Union
TELKPHONB.
>
65
31%
86% 86%
100 216 217
40
40%
42
37
10 l-OOo. 1030
84% Mexican
N. Y. A New Jersey...
St. L. Bridge A Tun—
90
92
New England
140
100
l8t,78, g, 1928.AAO el 35
40% 49%
Tropical
8u6q. Coal, 68.1911
117
10 75o. SOo.
BLECTKIC
Tenu.C.Al.—T'un D.68
98
102
LIGHT, ice.
Blr. Div.lst, 6s, 1917 101
Brush, Bait
100
W. Union Telegrnnh
80
82%
Brush Eleo. Light. ..50
Deb.7s,'75-1900MAN 114 117
Brush Illuminat'g 100
Deb.7s,'84-19i)0 MAN II219
.02
Consolidated
100
60
Col. Tr.,58. 1938.J&J
Edison Gen. Elec.lOO 103% 101
Whlteb'st Fuel- G., 6s
Ellsou Trust
83
miSC'LLANEOVS
84
Edison maminat..lO0
80
STO<:ks.
85
44
Ft. Wayne Eleo.Oo..25
Amer. Bank Note Co..
42
13% 14%
31
31% Jullen Electric Co..
Am. Cotton Oil
68% 69% Do Traction Co.
do
pref. .
6
9
9% Spanish-Amer. L. A P.
Asplnwall Land
10
Boston Land
7% 7% Th0!n.-H. Eleo.Co...25 57
10
58
do
pref. .25
6% 7
Boston Water Power..
4°8
do T.Sac.Ser.C.lO
16% 17%
Brookllne (Ma8S.)L'd5
4''e
do
do Ser.D...
33% 34
7% 7%
Brunswick Co
102
Thom.-H. iDternatlOO
Cambria Iron
50
50%
pref.. 100
do
Canton Co. (Bait.). 100
47% Thorn. Welding Co.lOO 225 240
Chartiers Val.Gas.100
do Europ.W.Co.lOO 117 120
Con. Kan. C.8. A R.,25 135
U.S. Electric Co.. 100
35
45
Contlnent'l Ciin.Arrap.
19
U. 8. Illuminat. Co.lOO
45
55
ex-dividend. 'is'
do
10
5
Westiiighouae El. L.50
40
41
Cay. A Cln.Brldge,100
2u0
CO»S
pref.. 190
do
42% Am. Loan A Trust.lOO 115 118
41
Dist. A C. Feeding Co.
4% Atlantic
100 400
4»e
East Boston Land. ...
6% ess Brooklyn Trust ...100 420
Frenchman's Bay Ld.
100 1255
Central
Wnter, 25 100
Haokensack
Farmers' Loan A Tr.25 716
do
pref., 25 100
100 212
101 105
Fr.inklln
Henderson Bridge Co.
Holland
100 210
Illinois Steel
100 H9% 90
Knickerbocker
100 160 167%
Iron Steamboat... 100
100 180
Long Island
Joliel Steel
100
30 130
4% Manhattan
2%
Keeley Motor
5
100 265 280
Mercantile
4
Manh'tt'n B'ch Co. 100
2
100 255
Metropolitan
1%
Maverick Land
10
100 153 ieo"
15
15% Nassau
Maxwell Land Grant.
23% 25 N. Y.LifeA Trust.lOO 690
Mex. Nat. ''onstruct'n
185
70c. 80c. N.Y.Security A Tr. 100 178
Mt. Des. AE.S.Land. 5.
Peoples', Brooklyn
N.E.Mte.8ecur.(Bost
100 iss" 196'
54
50
State
N. Y. Loan A Impr't.
100 670
Union
Northwest Equip. 100
100 835
Oregon Improve.. 100 52% 53 '2 United States
100 175
pief
100 99% 100% Washington
do
45
45% N.Y. ic BR'KLlfN
Paolflc Mail S8. Co.lOO
KRS.
Pennsylv. Steel. ..100 198
Phila. Co. Nat. Gas. 50 8 30% SO'e (See Local Securities in
14
CHrtoMCLK each lo^k.
100 X 11
Pough. Bridge
except third of month)
Pullm'n Palace Car 100 192% 193%
100
Erie
Hnclsoa River
TRUST
HOUSE
SanDiegoLand
I
22% 22%
StLouis B'dge,l8tpref el 10
100 e53
2d pref. cert
St.LouisTun. RR.IOO el07
Ills St. Louis Transfer Co.
60
43
12
112
55
109
80
GAS STOCKS.
Bait. Consol. Gas,
Bay State
.
&
CANAL
CANAL
.
I
. .
BXfRKSS
,
TKUST
.
33
210
American Bell
yew
50
Mobile ifeOhio
Brookllne, Mass. . 100
lo<i
11%
Morgan's La.&Tex.lOO
HI4
Brooklyn, L. I.—
25
Morris AK'x, gu.,7.50
Brooklyn
41
416e South'n Cotton Oil Ci».
20
Ha8hv.Chat.& St. L.26
Citizens'
77
77% Tex.APac. L'dTr 100 22% 22%
Hashua & Lowell. .lOt
Fulton Municip.lOO
115
Union Ferry Co... 100
100
N'SQuehouing VaU'ySO
Metropolitan
Un. St'k Yds. Co. Chic.
25
Nassau
Rew Jersey & N.Y.ICO
117
Waguer Palace Car Co. 137 141
•27% 27 5t
10
do
People's
pref.. 100
32
321, WestEnd Laud (Bost.)
Wisconsin Cent. ColOO
50
New Loudon & North.
Williamsburg
116%
63
64
Pref. 100
Westingh. Air Br'ke.50 115
do
K.Y.Cent.A H.Rlv.lOl- 109 I09I4 Wor.Nash.A Rooh.lOO 125 125
Cambridge, Mass.. 100
miNINU
COAL
Charle8t'u.S.C.,Qa8.25
ir.Y.Ch.&Bt.L.newlOO
17% 18
STOCKS, N.y.
100
do
Isl pref. 100
Chelsea, Mass
American Coal Co.. 25
731s 74
BONDS.
do
2d pref. 100
4118 42
Chicago Gas Trust.lOO
100
80
(Jahaba Coal
Ches.ADel.-l8t. 5s,'16
S.Y. & Harlem
Cincin. G. A Coke.lOu
300
3
50 265
Cameron Ir. A Coal 1 00
Ohes. A 0.68
JAJ
25
N.Y.Lack.&We6t...l00
61
El% East Boston
Colorado Coal A 1. 100
Lehign Nav.- 4i«s,'14 109
K.Y.L.ErleA West. 100
Hartford, Ct., G. L..25
2838 aSHi
100
KB. 68, reg., '97.Q-F nils 112% Colorado Fuel
do
Pref. 100
Jamaica Pl'u,Ma8slOO
69
27
28
67
Col. A Hock. 0. A 1. 100
Conv 68,g.rg.'94MAS 107 Si
W.Y. dE N.England. 100
'.^5%
27% Jersey ( ItyGas Light.
811s 51»B
6s,g.,cp.Arg..'97JAD 11478 11514 ConsoLCoalof Md.lOO
do
Pref. 100 118
119
9
Homestake Min'g.lOO
9-i Jersey C.A Hobok'u 20
Con8.M.,1911 7bJAD 130%
H.Y.N H.&Hartf.lco 255 266
Lawrence, Mass... 100
103 108
Iliiuois Coal A Coke
Gre'n.Tr.7e,'92.FAA
H.Y.&North.,oom .100
13
24
27
Lcuisville Gaa Light.
7
Lehigh A Wilkesb.Coal
Leh.C.AN.,4ia8,1924
do
prit.lOO
too
2a % Penn.— 6s, coup., 1910
29
Lowell
Marshall Cou.Coal.lOO
H.Y. Ont. &'West..lOO
14
Lynn, Mass., G. L..100
Maryland Coal.... 100
21'e 22
STOCKS.
K. Y. Phil. & Norf.lOO
10
(il
Maid. A Melrose. ..100
Iron Co
100
Chesapeake A Del.. 50
Mlnu.
N. Y. Prov. & Bost.lflO 2291s
Memphis Ga.i
9%
Del. A Hud.— See BRs.
New Central Coal 100
ir.T.Basq.A West'nlOO
8 '8
9
N. Orleans Gas L.lOO
Lehigb Navigation.. 50 s 53
53% N.Y.A Perry C. A I.IOO 10
do
Pref.lOO
34
34% Mom8,guar.,4....100« 80
44
New York CityOntario Sil. Min'g.lOO
H. News & Mies. Val.Co
17 "« 181s
50
Central
Coal. 50 280
Pennsylvania
do pf.,guar.l0..100
Norl.&West,, com. 100
23% 24 MISO'LLANEOVS
7% 7% Consolidated.... 100
(iuloksllver Min'g.lOO
do
100
pref.lOO
67
Equitable
6J
100
38
pref.
39
BOIVOS.
do
Ko. Pennsylvania.. 50
100
84
Mutual
Amer. BellTel. 7s,'98. §112 112% Tenn.CoalAIronColOO
57
57%
Horthem Central .50
68
Standard Gas.pf.lOO
pref.lOO 102
105
Am.WaterW. 68.1907 1091s no
do
Northeastern
5i
50
Newton A Wat'n..lOO
Ist con. 5p, 1907.... lOOis 101% Whltobr'st FiielCo. 100
North'n N. Hamp.lOO xl36 137
Pittsburg Gas Co.. .50
Am. SS., 6e, '96..AA0
ST'CKS
107%
Hortb'n Pac.eoiu.lOO
38ifl Blrmlng. Equip. C0.68. §103is 104
Portland, Me., G. L.50
36
100 150 156
Adams
do
Pref.lOO
83>4 Bost. A Mont.,78, '98 100% 101
83
100 118
121
St. Louis, Laclede. 100
American
pref..
Noiw.^ Woreester.im 180 182
do
76
80
Boat. Un.Ga«,Tr. c.5s.
92% 93
100
United States
100
Ogd. & L. Champ. KHi
9
84is 85
Salem Mass
147
8
2d, 5«, 1939.... JAJ
Wells, Fargo A Co.lOO 143
Ohio Ind.4 West, .reoi
San Francisco Gas
9
CahabaCoal,l6t,7s,'07 110
STOCKS.
71s
do
Cit.v G. L.20
Pref..reoi
Wa.sU'tou
22
97% 98 Am.Oot. Oil.Tr.rec 100 32% 33
231s i0hlc.G.L.AC.l8t,5s,'37
Ohlo&Mise
miNIING STOCKS^
100
10
12
Col.CoalAIron— Ist.Os 104% 104% American Cattle
241s
do
Pref.lOO
17
(N. Y. A SAN. FRAN.)
95
C.AH. C.AIr.,6s.l917 100
80
Am. Pig Irou War'nts
Onlo Southern
100
18
19
64
64% Adams Cons
C'mst'ckrun.lstino. 4
28
30
Chicago Gas
Old Colony
100 17b la 179 |Con.Qas.,Balt.,con.5s. 101% 102% Distillers' A Cattle F..
41
42% Amador
Omaha&St. L
Amei'ioao Flag
100
50
51
JAJ 114
6s, 1910
Linseed Oil
Om.&Bt. L.. pref .100 20
Oiir. 0ml eonv.P8'97.
23% 24 iAlice
106% 107% Nat ion 1.1 fjcad
* rnve uumiuai; no late transactions.
«QuotatlunB per share.
e In Loudon.
§ Purchaser also pays accrued interest.
Missouri Paeiflc.lOO
Aak.
Bid.
Pipe Line Certifluates.
Standard Oil
Sugar Retiiieries' c3o..
49% 49%
40% 41
120
121
115
68
130
107
120
86
124
199
120
70
135
.
90
127
202
"
22%
I'lO
111
61
208
210
61%
41% 43
28%
160
170
170
143
137
245
150
165
iso"
146
138
250
155
135% 136
42% 50
103
104
90
100
lOlSg
104%
120
114
86
170
125
70
75
90
175
28% 28%.
65
70
114% 115
56% 67
44% 46
•03
215
May
Tjps CHRONICLE.
17, 1890.]
«97
GEMERAL QU0^ATI0^J3 OF STOCKS AND B0.VD3—Conoludbd,
For Explanation
MiNtNO SrooKg.
Alta Montana
Astoria
100
.100
.100
Best A Bcloher
Bodle
Brecco
I
•50
•35
•25
too
,
100
Caledonia B. H....100
Cashier
Castlo Creek
Consol. California. 100
Con. Imperial
Chollar
100
I'ip.ierell (Mo.) ...5001
H.ilut
I'ocaaset (P. R.) ..100
5^00 Rich Bord'n (P.R.)IOO
•45 Kol)e.^on (F. Klv.)1000
2-90 H,iKimore(F.Riv.).100
4-93
•40
2 •SO
'
Dunkin
4 00
100
100
Preeland
•35
Gould* Currv8..100l
Hale & Norcross. 100
Holyoke
HoruSilver
Iron Silvor
20
1'45
2-40
'06
I
Iron UiU
3-00
2^10
)
BANK
Mono
...
10
260
Pha'aix of Arizona
Plymouth Consol
PotosL
tool
•96
1^00
Isle
Rappahanock
3^70,Mei chants'
100 135
.Vational Exch'ge.lOO 129
1-7b
1'
Boblnson Consol
50
Savage
Serra Nevada
100
SUverKius.asj'ntpaid
Standard
loo
UnlonCousol
100
Utah
Yellow Jacket
Oi
^35
:;
20
People's
'
55
I
'
-50
2'20
.70
!
100
100
100
Boston Nat tonal.. 100
Boylston
100
5%
Broadway
100
20
Bunker Hill.
100
52
100
18\ Central
City
100
300
100
27o. Columbian
Oom'jnerce
100
37
100
Commercial
16
17''8 ,C .mmonwealth
.100
100
4% iContluntal
19i«' Eagle
100
i^no Atlantic
240 A'las
Blac'.stone
;
BOSTON niNINR.
Allonez
Atlantic
Best.
'25
25
5i«
19>«
*Mon..(Co3pei)
•& Boston ... 25
Sl'e
18>s
Heela...25 297
Catalpa Silver
10
25 0.
Centennia'
'^5
35>a
Central
25
Ills
Franklin
25
17=8
Huron
25
iM
Kearsige.
25
19
National
,,i5
1%
Osceo a
25
37
Butte
&
.
2
2.5
"25
37V
10
97
8h>
95
'
I
20
Ntvr York.
SB's American Ex ch'selOO
Chaej(F,illKlvcr).loO|
Collins Co. (Conn.). 10!
(Me.) luo'
'^'^"1
rrfj,' ^'L"'* "ff^
Contmenta:
Davn^MnV-, £;'„'"•.'*>
S*',°l.*'l"'''J;''»^10"i
Dougl's Axc(M*SK) .OOi
Dwight (Mass )....50o'
Evcre t (.Mas-.):. New
r K. Machine Co 100
.
Flint Mills (F.K.).100
Franklin (.Me)....luo
arbeY.Mills(f.R.)100
Grttnlte(FK) ...loou
GreaH'al|.i(N.H.) 100
Hamilton (Mass )100U
1
I
I
205
137
134
City
Citizen's
Columbia
105
126 '|Commercr>.
ISo^liCojimercial
Continental
96
i
83
Bank of Calif irnla ... 262
First Nat'l Gold. ..lOOi 170
iPacltlc
100
1
IFIRE INSCJB'OB
STOCKS.
210
100 261
FlistNat.ofStatenld..
255
Ponr.eeuth Street. 100
1301s Fourth National ..100
Gallatin National ..50
116
95
Alliance.
200
50|
(Mo)
100
Holyoke iV.Powir 100
1000
KingPhiupiP.K.) loo
Lacoula (M«.)
40O
Laaci8t'i.M.(N 11)400
L lel Like .Mills (F.8.)
Lawrence (.MissllOuj
Lowell (.M.w8)....8ao
Jaofcsou (N. n.)
Low.ll BlcacUery.lou
Lowell Mach-Shop. 500
•!""'
M^.'n^."*f '!*?•?;*
"f'v:.!f:.-^'"''i".»
Maes. Cotton ....lOOO,
MeehaulcK' (F. K.HOO
J*.
"
100
9a
2>l
150
100
141
75
50: 140
25,
90
135
20! 112
70 110
Commonwealth ...100 75
Continental
100 240
Eagle
40l 220
Empire City
100 90
Exchange...
85
30
IFarragut
50| 107
Citizens'
162yi64
City
96
310
170
110
185
50
142
Hamilton
15
75
250 260
Hanover. -5i'
140
167
Home
100 142
150
...1 Jefferson
30 1(X)
1200
Kings Co. (B'klyn) 20 160
275
iKnickerbocker
60
30
.1 Lifayette (B'klyn) 50
2000
75
114 117
Libeity
80
60
165
L'g tsl'd (B'klyn) 331,
60
169
Mannf & Kuildeis' 100| 100
170
305
Nassau (Br.ioklyn).50| 135
400
Natloniil
60
371s
121
Nhw Yo;k Fire. ...100 75
270
.50' 150
Niagara
25'
270
North River
75
150
Pacido
25 165
345
IPark
100 60
150
jPeter Cooper
30 155
550 606 'People's...
50'
75
laO
Plieuix (B'klyn). ...50; 140
230
Ru-geis
251 1'25
225
30' 100
Standard
25'
100 UO
8tiiyve8»nt
90
19019; 191
Uoited States
25 160
227
Westchester
101 170
215 !225
William.sliuig Ci v. .50 315
230
m.iKi.Mi: i.vNirR*!
220 i225
ANCK ^CKIP.
!
i
103-
I
10001
American
Bowery
Broadway
149
300
26Sa
320
lOO
Neiv York.
9^
•}
147
98
I
I
no-
us
8©-:
250-.
230
1
96.9*-,
118
>
106 >
10»l
820^
176-
117
196
eo
.
86-.
ISO'
14»
106
170
70
80
70
65
no
140
70
Garde d
100
80
ierman American. .73
16»
German ExchangelCO
80
120% 127 Germ,inta
1.0
170
110%llll
Greenwich
23]
Hanover.
70
113 ,115
100
lOSi^'lOSis Hudson River
leo
100
8»
lOO loo's Import! rs' ik Tr. .. 100
Irviug
180
50
100 103
no's L>'ather Mauuft8..ic;0
130
110
255
Lincoln
105
2.50
.100
Madison S<iuare. 100
100
136 13
Manhattan
17<>
50
ISO's 131
Market & Fulton .100
176
101 103
Mouuiueut
Mechanics'
...25
32»
100 220 230
100 iioi
100 130 1138 i.Mechanic 1' &Tr ...25
91
Hi's Mt. Vi-rnon
.Mercantile
..lOJ
480 435 iNowEoglind
100 168 's 170
I6II3 165
Atlantic Mutual. 1886 100>8 101>«
North
5(
100 143'a 144 'Me:chai.t9'
8%; 9
1817
lei's 102i«
19% 20 North Amerla....l00 12^ VZ2U Merchants' Exch' .50 127 130
'!-'... iOld Boston... ....100 Il4isll5
8
9
Metropolitan
103!
1338
i5
1021s 103i«
iMotropolis
1889
11)3
lOOi 350
....
.10<. IBO
1031s 104>s
30 leeople'8
1890
104 105>a
lOOi 350
ItO li02'aiBedemptton ....100 1,01a 141 ;Mount Morris
50l 350
i|Rei)ublic
MurniyHll
Comm'ol Mut. 1873-82 50
60
100 170 il73
770 775 ittevere
100 IS^^ 132's, Nassau
50 170
80
lOO 148 151
Sew York
100 249 250
81 iiRookland
PaiCKS OF
33 !|Seooud National. 100 ;83
'New York County.lOOi 480
50
19J
in EinBEKSHI PS.
.V.Y.Nat.UxCh'nitelOJ 137
105 'lOTia ISecurlty
10
220
.Vinth National.... 100 139 1162
$21, .500 bid.
;N. Y. Stock
103'4Hj81s Shawmut
100 129
131
•20,500
Shoe & Leather... 1(0
lit UO
70 185 ;i9o
Last sale, May
99% ICO -Vorth .Vmcricj
400 ask,
State
1240
'N.Y^.OonsoLSt'k & Pet
I(j0 127 |127'.i North RiViF
.30 160
375
List sale, May 13..
95
100 ll9«s, liO
Oriental
Si's iS.iffolk
245
.25 215
1,000 ask.
Tuiid .Vational. ...mo lli>s'U6
955 h)57
Pucitto
50 leO
...., S. Y. Produce
900
100 101i« 101% Park
98% 102 "s Traders'
L-ist sale, May 8
100 800 I310
fOi^ Tieoiont
100 115 U5is iPeopIe's
80
25 25
N. Y. Coitou
....
630
Union.
100 145>s 140
Pbentx
Last S3'e, April 15.
283
25 139 113
1625 b.,576a.
Washing on
.106
100 126 127
roduceExohangjioo 110 115
H9.->
N. V.Coffee
525
Webster
100 106
'R-jpubilc
List sa'e. May 14...
lot's
lOi' 190
197
1061s
40|b.,35 ask.
Winthrop
r,hi>
5,30
aeaooard
N. Y. Metal
100 155
lOOJ lU%ill2
SO
570 375
Brooklyn.
Lnst sa e. March l.^.
a co!,d National. loO 325
.
Brooklyn
110 115
lOOi 155
Seventh National .100 132 L.
R'l Est. Bx. & Auc. R'm
"1,356
1345 1.5,55 First Nallonal
iShoe A Leithcr .- 100 l-,0
Last sile Msy 14
50| 500
16,500 Wd.
Fulton
597 60 J
Boston Siock
St. Nicholis
40, 190
130
1001 122
..,„
139% 140 City National
ilSateof N. Y
Last sal-, May 16... 16,000
50 4'20
loot IVi
L15
2,500 blcL
835 810 lOiunieicial
60 160
Philsdelpliia Sleek ...
jJThtrd National .. 10*'| 100
125
2,500
tie's Ling l-*Und
100 145
..IITradesmen's
L-wt sale
40 llOi,
8«
- ^1,'.^00 bid.
i*9's'i5o^ Manufacturers'
United States Nat 100; 200
:Chic. Board of Trade
200
•020 102« Mechanic
1,200
sale. May 10 ..
llWestern National. lOO loo's
Last
...50 •ibO
9,
Kas<au
...100 250
'Pitt-b. Pet. Sl'k & Met. 460b.,47Sa
WMtSldn
lOU 200
lO?"* 109
1
10214
122^1125
1
1
t
. .
;
j
.
i
,
1
!
1
I
1
i
1
EXCHANGE
I
i
i
]
'
,
i
,
1
i
I
Hill
16A
100, 144
lOOi 90
,
142i»il4J
HTt
278
100| 12513 137
10
iOrtenc
iPhoeaix
Steam Bailer
.
121
Hartford, Conn.
'.Etna Kiro
.Connecticut
IHartford
(National
i
100
Corn Exchange... 100
170
I27J4 12 ?>«i|East Elver
25
110 IIOI4 Eleventh Ward
25
>..••.
i'ei
1
:
i
230
130
114
00 11U>« 1301*
275
350
File Association.. 1001
4B00 4900 Firemen's
171
500 520
Germ in- American 100
175 185
Germanla
.50
230
Globe
50
100 213 211
Greenwiih
..25
100 112
Guardian
100
100
25
100
100
25
Cbemloil
104
126 >s
135
95
167
1
lOOj 165
San Francisco.
145
Chaso National
122
142>9 tJnatham
121
142
110
202
lOOl 105
.
.
An)ilo-CHlifomlan
<
141
International
National
I..aclede
[Merchants' Nat'l .100 130
'St. Louis Natlonal.lOa
160
iThIrd National ...lOO 119
310
310
iOential National .100
1460
Il3l
Franklin
100 2 SO
Fourth National.. ICO, 275
Mechanics
193
117^
1051»-
St. Louis.
Bank of Com. 100 149l9lS0l».
.Coiumercial
100 425
icontlnental Nat'l. 100 130
199i«
213
200
137
145
650
90
160
Ashury Park Nat,. 100
Bowery
100 305
28 290
142>s Broadway
Bntchers'&Drovers'25 190
121
142
119
117
100
Western National.. 50 103
jNat.
100 215i3'218
Amoilca
117
,
Chicopee (Miis*.)..10u
Coehcco (-V.1L)....500:
I
110 120
135
140
106 !< lOS
2H0
220
192'« 200
117
llHi,
143
340
9
100 147
Fifth Avenue..... .100
100| 1341s 135
Fifth National
lOO' 107 5i 108
100
100; 13OI4 ISO's First National
Ellott
I
Everett
I'ExehanKJ
Faneuil Hall
100
idge
:..-5
1>«
lOOi
138 First National
Tamarjck ...
.25 184
185 iiPlistWard
lOOJ
MAJVUFACT'IIVG.
Fourth .Vational. ..lOO!
Am.Uucn(F.RiT)llotj
\0:i|
tUO Freeman's
Amory (M.H.)
100 iiyii'iis
Globe
100,
Amo8ke.iK(N.H.yi5~)0 203012685 :SamTlton.V.V.;"'.."lOoi
Audroscoir n (.vio.ioo 147
147% Hide & leather ...lODi
A| plotou (Mass.). 100" eSO 035
Howard
100
Atlantic (.MasH.)... 100
95
9313 Lincoln
100
Barnaby (Iiall Ulv.)... no
Manufacturers' ...lOO'
'^^'••'
jiMifket
100,
95
r^Lu'Tm'^'*U7'»-,>Iorket (Brighton). 100
Boott r^l^'u— V.-i*^ 1"
R^rH /-"*'?,''*'•' ''^'"' 1350 1360 :iMas.«chu8ett8 ....I0!;i
l^f^eft'ltyMfg (F.B.) 123
Maverick
lOO!
125
Bo8tonCo.(Ma8S.)1000 993
100
1000 Meehan cs'
BOiton Belting ...100 lao
Mrchant.s'
100
183
Best. Duck (Mass.) 700
100
1100 1110 jMetro;iolitan
Pewable
guincy
,
250
Union National .
Whitney National. 100 2:0
. .
19i«
Boston.
I
2^00
Traders'
Second National.. 100 160
Third National.... 100
Union
75
82
Western
20 37
i-go
1-63
i
Calumet
130
I
Miller
I
Nevr Orle&na.
HOW
American Nat
Bank of Commerce. 10 11^ 12
UanalJc Banking. .100 I66I3 173^
100 30
Citizens'
aa
145
..—
100
1
iMannfaot'rs' Nat .100.
9g
iMechanlcs' Nat'l lOOi 127"! 129
Nat.Blf.N.LibCrtle9.50 1«9>«
Penii National
50 96 100iPhlladblpliia Nal'1.100 241
270
Merchants' Nal'l.lOOj
National Laf ayettelOO
60
61
34% 38 Ohio Valley liat'1.100| 1421s HSii
1140 1150 Second National ..100| 230
Third National. ...100 Ihti
158 '4
Western German.. 100 277's 300
I
•30
&
National. lOOi
•60'
.
100
Oriental
STOCKS.
German
Kensington Nat'l...SOi, 116
Keystone Nat'l
60 65
120
«0I»
!8.>venth Natl»n»I
CitizMis' National. lOOi
Comraorjial Bank .50.
lOOi
Eciuitablo Nat
Fifth National. ...1001
First National ....100
Fourth National ..lOOl
GermaniaNation'l.lOo
Gcrmania .Savin sfs.l 00
Farmers' A Merch.'tO
62
4GI4 43\ Hibernia Nalional.lOO;
Farmers'&Planters' 25
Louisiana Nat
100>
[first Nat. of Bait. .100 120
125
Metropolitan
100
Franklin
60;
H8
96
Mutual National .100
3 00 G.rman American. lOo
124
New Orleans Nat.. 100
!Howard
1
10>« 10\
•99 Marine
People's
60
30 38
State National ....100
10
13>» 14
8 .50 'Mechanics'
-30
I
Uoulton
Navajo
North Belle
Gphtr
!
Cincinnati.
Bank of Baltimore. 100
BanU of Commerce. 15 152
Citizens'..
10 20
n,Com. & Farmers'.. 100
2-60 2-90 Farmers' B'k of Md.30
33
1
150
575
Union National.. .lOOi 175
125
35»
:
137i« First National
1001 235
Fourth St. Nat'1...100, 130
9i
GIrard Na'lonaJ ...401
Norihwestern Nat. 100
93
60,
Conim'n wealth Nat. 50'
3.50
1
Baltimore.
•90
•07
•SO
-05
-lO
-30
{('oiiiiue'clal Ntt'.
;
108 >a
Bid.
{
[Bank of No. Aiaur.lOO 840
Chestnut St. Nat lOO!
18}
113
lOOl
Market National. .100,
I
KlnKs.&Pembr'kelrjD;
Lacrosse
10'
Leadvllle Consol
10
Uttle Ohl t
50t
Utile Pitts
Mexican G. & 811 v.lOO
Atlas Nalioual
Chicago Nat
Atlas National ...100 103
)100
WashlnpfnlMass )100
Weetamoe (F. R ) 100
WlUlm'tlo Linen (Ct)25
3-25! York Co. (Me
...750
......
1
4
182
110
250
Comiueioliil Nat.. .100 200
90
94
Continental Nat... 100 135
5S0 555
lOOi 325
lim 111^ First, National
FortDoarhoni Nat
90
345 350
Hide and l..eather.lO0, 140
1810 181
1340 1350 Merchants' Nat ..lOOj 500
MetroKolltan Nat. 100 300
114
Nut. ISk. of Ainer..l00, 139
95
98
.Vat. B'kof rilluols.lOO' 256
1300J
H2Jal43
IKSCRANCE 8TOCKS.
Ask..!
Phllad«lnbla.§
100 Wampanoag (F.R
105
Eureka Consol
Father De Smot
(Fall Kiv.).. 100
Bid.
Otalca«o^
122
1305 American Exeh. Nat,
'
•50
El Christo
B.INK STOCKS.
Aak.
4-75 Slado (Fall Kiv)..100
2-20 Stafford iFall Riv.)100 116
1-6 jStark Mills (N.n.)lOOO 1280 1285
irecumsch (i-'. R.)..100 106 1071a
'iTUorndike(Miia8.)1000 1110 1120;
|Tremont&?.( Mass) 100 133 1135
llTroy (C.&W (F.R.)500
1000
J23
lUnlonO.Mf. (F.R.)IOO
1^80
1^40
DeaiUvooil
Denver City Con
Shove
•19
•17
4-23
100
!
Head of Pimt Page of ((aatallonir.
Salm>uFalMN.H.)300 270
30
& Va
C.il
'v»uink.'ag (Masa.llOOj
Newmarket
500|
2 25 I'aolllo (Mass ). .10001
•30
•02
>
OomstouK Tunnel
Crown
.Na-hniKN. H.),...500!
•5ft
210
50
Consol.
.
2-50
Bulwer
Chrysolite.
MerrlmackiMa8.s)1000;
.iMetacomet (P. K.) 100;
Middlesex (Masi.) lOOl
^•90 VarraKins't (F.R.)IOO.
•18
•30
i
Belle Isle
Bid.
1-28 Merchants' (P. R.) lOOi 120
03
1
Barcelona
BANK Stocks.
A«k.
Bid.
see Notes at
I
I
I
1
1
j
I
'
I,
'
,
1
1
i
i
,
pWoas aomlnal; no late trsrasaetloas.
,
!
1
I
<
i
t
Boston b.tak iiuotaCioin are
all
ex.divid9nd.
^
<)u)tatiou4 per sh we.
.
THE CHRONICLE.
696
[Vol.
Latest Earnings Seported.
WeckorMo\
The Investors' Supplement, a pamphlet of 150 pages,
eontains extended tables of the Funded Debt of States and
Oities and of the Stocks and Bonds of Railroads and other
Chmpanies. It is published on the latt Saturday of every
other month—viz., January, March, May, July, September
and November, and is furnithed without extra charge to
all regular iubscribers of the Chrosicle. Extra copies
»re sold to subscribers of the Chronicle at 50 cents each
to others at $1 per c^jpy.
The Qeneral Quotations of Stocks and Bonds, occupying
fix pages of the Chronicle, are now published on the
mird Saturday of each month.
and
RAILROAD EARNINGS.
Latest Earnings Reported.
AUeeheny
Ajiniston
Annlston
Atch. T.
Week or Mo
March
Val..
& Atl
<fe
April
Ciu. April
& S. Pe.. 4tbwk Apr
Half owned .. 4thwk Apr
Total system 4tliwk Apr
Atlanta & Oliar. March
Atlanta & Flor'a April
AHaiita & W.Pt. 'April
Atl. ADanville-iAprll
Atlantic
A-
jlstwtMay
Pac.
B.*O.EastLines March
Western Lines March
March
Total
BaLAO.Southw. IstwkMay
Bait.
Poiomac March
March
Beech Creek
<sr
Bir.Selma&N.O. March
IstwkMay
May
Baft.Roeh.Ji Pitt
Bar. C.Kap.&N. Istvvk
& Northw. April
& Western April
Camden & Atl. March
Burl.
Burl.
Canadian Pacillc IstwkMay
Op.F'r&Yad.Val April
Cen.KK.&Bs.Co March
Centralof N. J.. March
Central Paoiflc. March
Centralof S.C.. March
Centr'I Vermont Wk May 3
Char.Cin.&Chic March
Charlest'n & Sav March
Char. Sum. & No. March
1890.
1889.
»
*
186,619 173.154
7.174
6,073
9.286
12,059
742,388 675.503
41.853
53.135
795.523 717,357
139.919 135.616
5,295
7,168
24,535
27,690
26,000
44,000
68,282
50,802
1,511,903 1,330,558
449,556 391,285
1,961,459 1,721,843
34,620
39,019
132,480 143,620
88,210
69,776
1.600
1,509
41,827
36,223
44,498
43,615
3,753
3,677
4,625
4,236
38,696
40,815
273,000 239.000
38,754
27.725
639,285 605,609
906,607 900,687
1,100,09!) 1,155.007
11,659
9.492
56,369
54.732
12,521
65,793
5,041
54.631
3,294
19,854
8,387
6,419
106,454
145.813
6,196
37,790
149.203
2,657,998
44,509
430,049
/on. 1
to
Latest Dale.
1890.
Cheraw. &Darl. March
Cbes. <SiOhio.... Istwk May
Ches.O. &8. W. April
,
.
.
1889.
S
S
504.832
545,532
27,627
34.029
49,715
35.360
9,224,713 7,588,721
497.419
524,408
9,749.121
8,086,131
399,623
27,208
150,001
94,911
977.595
1,032,788
4,305,798 3,682,962
1.249,564 1,097.935
5,555,362 4,780.897
691.410
776,1.59
388,098
373.095
211,450
243.755
5.640
4,747
620.005
673,113
893,232
1,010,576
17,>(3:)
17,781
17,530
16,689
113.910
103,863
4,470.375 4,247.034
171,406
130.092
2,228,660 1.955.111
2.622,282 2.789,215
2,843,199 3,204,950
37,170
31,696
468,923
36,214
159,258
152,928
178,197
9,012
70,881
30,466
24,218
1.821,231
640,730
19,121
19,712
741,667
930.305
279.940
307,831
8.467.566 7,534.956
902.000
1,003,841
8,133,311 7,601,995
5,558,903 5,067.538
25.830
21,689
6J,117
51.469
918.520
1,471,933
1,469,698 1,328.332
501.029
471.793
.
.,
.
rt.Mad.&N'w'u! March
Ft.W.Cin. &L.. March
6a. Car'la&No. March
Ga. BR. & B. Co. March
Goo. So. &Fla..lApril
1,604
2,04C
26,86:
7,07]
25,742
3.902
164,83C
18.830
152,387
50,988
1890.
17,746
187.088
1,228,307
624,931
354,434
196,701
189,642
2,594,015
5,352
38,369
153,524
217,983
125,308
4,031,656
80,355
530,244
113,700
722,780
5,308
32.582
153,878
2,489,777
529,32!)
48,895
174.996
352,532
453,842
1.385,428
149,002
2,039.357
207,385
91,129
28.5,888
1,259,677
860,092
400,239
5,555
5,27E
74.682!
67,068
17,772|
11,598
620.611
507.778
203.9941
74,415
1889.
S
40,365
45,737
Sr.Rap. dclnd.. IstwkMay
8,655
8,550
Cin.R.&Ft. W. IstwkMay
4,472
4,614
Other lines. .. IstwkMay
53,529
58.864
Total all lines. IstwkMay
araudTruuk... WkMaylO 370,317 344,986
72,056
55,470
Chic &Gr.Tr. Wk May 3
19,711
16,644
Det.Gr.H.* M. Wk May 3
36,551
31,508
Gr.B.W.&St.P. March
3,837
3,779
Gulf & Chicago April
129,857
87,591
Housatonic
.viarch
Huniest'n&shen April
10,300
8,690
Ul.Cen.(Ill.&So.) April
1,076,326 972,840
6,903
7,525
CedarF.&Mln. April
141,595 117,582
Dub.&Sio'xC. April
148,498 125,107
Iowa lines
April
Total all.... April
1,224,824 1,097,917
24.269
Ind.Dec.&We3t. April
38,024
140.000
Interoc'nic (Mx) March
91,875
21,606
20,532
Iowa Central... IstwkMay
3,80i>
Iron Railway... April..
3,059
60,609
57,969
J'k'uv.T.&K.W./ March
5,970
4,163
Kanawha& Ohio IstwkMay
4,419
Kan. C. CI. & Sp 3a wk Apr.
7,155
78,071
70,708
K.C.F.8. &Mem. SdwkApr.
26,065
15,319
K.C.Mem. &Blr. Ithwk Apr
30,690
47,800
K.C.Wy. &N.W February
81,587
73.355
Kentucky Cent. April
5,022
5,804
Keokuk & West. Istwk May
3,020
3,740
Kragst'n &Pem. 3dwk Apr.
19,042
13,790
Knox. & Lincoln \i arch
5.445
5,219
L. Erie All. & So April.
46.901
41,024
L. Erie & West.
istwk May
27,748
17,081
Lehigh & Hud.. April
9.613
9,862
L. Rock & Mem. 4tnwk Apr
279.519 247,57-J
Long Island
April
33.53:
28,355
Loul8.&Mo.Kiv. .Tanuary...
23.777
20,733
Louls.Ev.&St.L. IstwkMay
Louisv.&Nashv. IstwkMay 355.790 2H6,735
41,936
39,171
Loul8.N.A&Ch. IstwkMay
1,032
1,124
Louis. N.A&Cor April
67.254 130,868
Louisv.N.O. iStT. 3 wks Apr
4,186
Lou.et.L.&Tex. IstwkMay
7.938
29,566
27,345
Louisv. South'n. Febiuary .
570
Lynchb.&Dur'm April
6,300
25.915
35,360
Memphis &Chas istwk May
117.643
(Mexican Ceut.. stwk May 110,68
64,284
65,807
tMex. National Istwk May
75,913
70,862
[Mexican R'way A'kApr. 26
70,660
Mil.L.Sh.&Wcst 2dwk May
78,290
20,327
31,400
Milwaukee* No IstwkMay
8.179
MineralRango.. April
10,080
93,537
106,590
Mlnneap.&St.L. April
98,058
152,852
M.St.P. &S.8.M. April
563,700 526,700
Mo. Kan. & Tex. April
252,423 197,349
Mobile & Ohio
April
MontcreyAM.G April
35,644
Nash.Ch.&St.L. April
277,144 258,288
1.995
99b
Nat. Red E. & T. April
82.108
NewBrunswick. March
83,734
16,662
19,063
Jersey & N.Y. March
N.
11,216
10,462
<N. London Nor. wk IMay 3
13,869
12,665
New Orl. & GuU April..
3,022,979 2,742,372
N. Y. C. & H. B. April.
2,113,191
W March
2,242.488
N. Y. L. E. &
590,820 525,841
N. Y. Pa. & Ohio .March
452,266 422,804
N. Y. & N. Eug. March
48,416
50,467
N. Y. ANorth'n. April..
32,461
N.Y.Ont.&W.. IstwkMay
35,380
91,029
102,722
N.Y. Susq. & W.. March
97,140
126.401
Norfolk & West, istwk Mav
60,006
N'theast'n(S.C.) March
78,132
558,373 471,200
North'n Central. March
Northern Pacillo IstwkMay 411,535 350,213
11,815
13,516
Ogd. & Lake Ch \Vk IMav 3
21,251
25,302
Ohiolnd. & W.. ithwkFeb
77,210
87,306
Ohio & Miss
IstwkMay
16,748
16,103
Ohio & Northw.. April
.
.
.
—
i
.
. .
Latest Dale.
1890.
1889.
S
818.490
148.620
72,024
1,069.134
6,782,327
1,306,256
357,641
87,764
15,675
331.811
45.500
4,505.379
24,547
587,622
612,169
5,117.548
133.464
388.402
531,987
13,433
194.380
95,647
116,587
1,436.522
415,791
99,100
306,545
119,451
42.953
42,240
20.415
882.125
98,863
180,808
886.136
33,532
374.589
6,423,650
740,999
4,041
893.423
124.849
62.526
20.928
631,453
2,322,471
1,338.888
1,264,451
1,154,432
497,158
33,054
442,765
641,931
2,345,573
1,038,784
127,044
1,136,227
9,382
205.964
54,655
740,654
153,048
72,210
974,912
6,429.354
1,109,555
322,957
69.632
15,376
244,229
39,647
4,261,058
28,667
507,770
536,437
4,797,495
124,393
213.732
476,144
15,633
179,744
85,296
80,310
1,375,398
316.562
57,120
289,726
109.488
49,552
36,774
20,691
821.800
71.628
203.729
802,487
28,355
384,297
5.834,341
730,795
3.744
821,540
59,873
665,955
2,167,083
1,265,657
1,391,035
1,016,757
369,532
32,900
379,635
423,283
1,988,527
1,015,662
1,117.834
9,671
199.259
46.832
54.751
49.874
96,759 10,775.850
6,451.760 5,748.659
1,714,121 1.422,292
1,285,678 1,221,091
168,820
172,179
520,782
617,955
275,747
293,141
2,070,011 1,729,190
192.073
230,415
1.612,174 1,371.140
6,374,095 6,007,177
183,704
209,421
229,344
215,128
1,293,419
1,391,156
59,054
61,405
3,354
2,741
971
825
Col. & MaysT. April
165,755
188,992
11,596
11,701
OhloKiver
IstwkMay
174,333
178,080
36,748
44,176
Ohio Southern April
38,174
63,621
2,811
4,759
Ohio Val. of Ky ithwk Apr
110.182
157,095
37.641
52,298
Omaha & St. L. March
928,270
911,695
Imp. Co. March..
368,311 324,577
Oregon
Pennsylvania .. March..
5,470,715 4,796,136 15,464,117 13,746,038
241.197
214,823
12,544
13,533
PeonaDec.&Ev. istwk .May
128.772
136,849
43,805
48,080
Petersburg
M arch
843.459
300,107 1,009,793
Erie... March....
386,251
Phlla. &
1,508,747 1,309,477 4,389,109 3,933,940
Phlla.& Read's. March
6,138
11,622
1,467
3,170
Pitts. Mar. <St Ch. April
320,518
332,655
115,706 116.386
Pittsb. & West'ii March....
111,351
113,360
42,159
43.032
Pltts.Clcv.&T. March.
57,694
52,650
24,403
16,948
Pltts.Pain.&F. March
719,351
719,221
42,873
40.804
Total system IstwkMay
98,097
110 816
35,625
31,896
Pt. Royal & Aug. March
122,511
124,418
41,526
40,174
Pt.Roy.&W.Car. March
43,874
36,154
11,313
11,560
Pres.ifeAriz.Ccn. April
80,919
75,382
19,188
19,897
QuincyO.&K.C; April
436,000 414.500 1,8)5,276 1,659,235
Klch.&Dauville.lApril.. ....
611,273
690,679
174,000 163.300
Vir. Midland.. April
301.074
323,194
60,178
66,800
Char.Col.&Au.lApril.
260.745
319,699
42,169
53,650
Col. & Green v. April.
S05.244
300,817
72,415
69,850
West. No. Car. 'April.
432,915
611,971
88,911
123,900
Georgia Pac
April.
31,622
35,772
9,665
10,450
Waah.O.&W.. April.
37,529
40,072
7,352
8,050
Ashv. &Spart. April.
Total Sys'ra. Istwk May 252,175 218,390 4,389.655 3,858,031
72,313
83.358
34.862
28,316
Rich. & Petcrsh. .March
449,220
489,679
19.300
26,415
Rio Gr. West... IstwkMay
16,500
33,850
4,000
8,000
Rome & Decatur April ..
723,570
909.623
340,676 267.335
Rome W. & Ogd. March
30,440
26,392
9,578
7,532
Sag.TuscolaiH. April..
331,583
399,018
15,043
21,660
8t.L.A.&T.H.B'6 Istwk -May
49,201 1,225,482 1,022,994
53,699
et.L.Ark.&Tex. IstwkMay
17,390
27,614
4,016
8,131'
St.L.DesM.iN. April
97,460 2,016,167 1,809,383
St L.&SanFran. IstwkMay, 108,713:
300,698
381,669
85,201
104,354
St. Paul & Dul'th AprU
747,498 665.0981 2.375.599 2,084,094
8tP.Min.&Man. April
63,075
137,665
12,089
41,988
East, of Minn. April
220,789
287,236
64,604
84,232
Montana Cent. April
873,718 741,791 2,800,500 2,367,958
Total Sys'm. April
354.291
494,336
20,906:
33.172
33,172,
B.Ant.&Ar.Pass. IstwkMay
-""
192.114
180,596
22.000
21.529
•. Fran.&N.Pac. 4thwk Apr}
62.166
87,870
15,135
22,127
8a V. Am. & Mon. April
75.716
4.515'
115,794
8.450:
Seattle L. 8. &E. IstwkMay
205.163
209,903
15.602
17,947
8clotoVal.&N.E. 4thwk Apr
246,920
377,947
67.141;
95,000
Shenandoah Val April
.
32,787
214,369
14.977
111.500
32,130
28,986
2,455,910
603.97/
23,000
8,910
8,769
134,691
120,459
Cnes. & Lenoir March
6,334
50,676
Chic. & Atlantic. Istwk May
CMc. Burl. & No February
160,940
Chic. Burl. & Q* March
3,160.747
Chic. & East. 111. IstwkMay
48,803
Chic. Mil. &St.P. IstwkMay
409,000
Chic. &N'thw'n. March
1,910,316 1,893,414
Chic. & Oh. Rlv. April
5,113
5,417
Chlc.Peo.&St.L. February
30,273
26,315
Chlc.St.P.&K.C. Istwk May
83,728
49,547
Chlc.St.P.M.&O. March
528,917 532,525
Chic. &W. Mich. Istwk May
30.346
25,907
Chippewa Val
April
16,520
8,670
,
Ciu. Ga.& Ports. Ai>ril
16,548
5,015
5,054
Cln. Jack. & Mae Istwk May
11,321
199,379
9,547
Cin.N. O. &T.P. Istwk May
51,852
56,915 1,443,138
Ala. Gt. South. IstwkMay
657,463
25,532
34,876
K.Orl. &N.E. Istwk May
18,920
416,865
13,684
Ala.&Vicksb. IstwkMay
230,403
9,341
6,755
Vlcks. 8h. & P. Istwk May
204,323
7,220
6,005
Erlangcr Syst. IstwkMay 152.209 108,951 2,952,192
Cinn. Northw'n April
6,174
1.395
1,426
Cin. Sel. & Mod. April
23,147
4,319
6,002
Cin.Wab.&Micb. April
48,225
170,848
43,723
Clev.AUron&Co) 4thwk Apr
21,468
252,54.;
17,162
Cler. & Canton.. April
41,000
146,306
32,546
Ol.Cln.Ch.&H.L IstwkMay 249.984 232,179 4,265,644
Clev. & Marietta April
25,634
21,221
81,451
Color. Midland.. Istwk May
33,50C
27,433
607,641
Col. & Cin. Mid Istwk May
5,997
109,566
6,55!)
Col. H. V. & Tol. April
262,985 165,036
804,197
Colusa &. Lake. April
1,515
6,337
1,134
Covin. & Macon. April
8,147
6,30J
45,827
Day.Ft.W.&Ch.. April
41,997
165,0201
37,52a
Penv. & Rio Gr. 2(1 wk May 158,40C
134,00C 2,691,50E
fien.Tex.&P.W. March
238,707 202,42!i
731,507
DesM. AN'we.sl April
16 99C : 11,771
67,82C
Det.Bay C.&Alp Istwk May
185,295
8,95£
11,154
Pet.Lana'g&No IstwkMay
384,636
22,16S
16,265
DuluthS.S.&Atl Istwk May
48,672
43,301
545,24£
.Tenn.Va.&Ga. March
534,451:
454,62£ 1,661,58b
Knoxv. & Ohio March
49,501
149,63£
55,332
Total Rvstem. IstwkMay 120,105
94,96£ 2,409,55£
EUz.Lex.&K.S... March
176,31C
62.67C
69,015
Evans.&Ind'plis: Istwk May
83,332
4,657
4,037
Kvansv. & T. H. Istwk May
18,452
15,468
317,172
jntchburg
March
504,046 441,196 1,397,064
Flint.&P.Marq. Istwk May
55,42£
48,32£ 1,103,842
glor. Cent.&P. 4thwk Apr
26.252
25,66;i
425,-.;9f
Chat.E'rae&Col. April
Chatt'n'KaUni'u April
to
BOADS.
%nvizstmtnt
BOAD8.
Jan. 1
U
.
. .
.
.
.
. .
'
I
. .
i
I
[
\
|
—
11,!;
May
THE CHBOmCLE.
17, 1890.]
Late$t
Xamingt
IttekorMo
•OAMI.
Beporlsd.
1890.
1889.
Jan. 1
It Lalttt Dcti*.
1890.
.
142,766
11,046
126 ,390
352,182
87,387
415,917
10,473
147.G05
296, 159
410, 064
l,0i:<,5G4
92f>,,220
14 ,189
-
434,201
84,838
887,293
34,45«
971,980
261,789
1,245,700
35,389
405,730
909, 234
252, 862
1,357, 365
So. Pacific Co.—
Gal.Har.&S.A. March...
LoiiiH'a West. 'March..
.
March
Mor»?an'8 1-&T.
. .
N.Y.T.&Mex. March...
A
N. Or! March ...
Atlantic sys'm March
Pacific system Marcli
Tex.
'
,
Totalof
March
all..
Bo. Pac. KR.—
Ko. Dlv. (Cal.) March....
8o. Div. (Cal.) March....
Arizona Div. .'March
NewMcx.
Div.'.Mari'h
Btaton I. Uap.T.lAiiril
Buminit Branch. .March
Lykens ValleviMarch
Tal.& Coo»aVal.'.A.prll
Tenn. Midland.. April
&
Istwk May
ToLA.A.&N. U. Istwk May
Tol. Col. Aan.. Istwk May
T0I.& Ohio Cent. IstwkMay
T0I.& O.Cen.Ex. April
Tol. P. & West.. Istwk May
Tol. St. I.. & K.C. Istwk May
Tol.&So.Haven. AprU
Union Paciflo^
Or.S.L.&U.N. March.
Or.Ky.*N.Co. March..
Texas
Pacific.
Itnwk Apr
Den.Lcad.&Q. March
Alloth. lines.. March
Bt.Jo.&O'dlHl.
Tot.U.P.Sya. .March
Cent.Br.&L.L.j March.
.
Tot. cont'led .March...
Montana Ua.. March...
I/oav.Ton.
& S.
I
March
. .
Man.Al.&Biir.jMarch...
Joint.own'd,^ viarch...
Grand total. 'March...
Vermont Valley March
Wabash
Istwk May
Western of Ala. April
West Jersey
March
W.V.Con.&Pltts. March
West.N.Y. & Pa. Istwk May
Wheeling* L.
&
Wil. Col.
K. jlstwk May
.\iiK. Ut arch
Wisconsin Cent. IstwkMay
WriKhtsv.&Ten. iMarch
*
J
86,,310
7, 921
125, 706
i,5;!rt,4«8 2,.525
K09
3,552,032 3,452,029
153,114
535,335
181,728
92,397
65,000
68.150
67,036
6.889
14,968
94,190
20,977
«i,085
25.336
8,571
17,560
30,105
1,845
646 269
303, 137
35, 675
75,,770
138,,273
489,,073
168,,274
81,,979
02,,935
»2,,128
70,,535
6,,955
12,,964
110,,311
16,,714
4,,558
19,,976
7,,036
16,,056
13,,934
1,,648
450,,153
339,,405
20,,073
60,,200
2,054,,710'l,667, 523
3,22 ,157 2,612, 329
132, 7211
59,,287
3,359, 878 2,671 ,616
73, 736
47, 095
3,
3,
073
2,
181
2,
356
619
39, 995
26, ,035
3,399, 873 2,697 .651
15, 966
13,
397
213, 510
212, ,487
32, 425
32, 309
110, 687
103, 023
67, 640
68, 000
21, 337
89, ,758
99, 540
51, 698
65, 800
15, 972
77, 800
69, ,055
8,,451
7, ,648
1.420,906
478,766
240,117
217,596
184,644
165,930
26,.'>06
63,365
2,326,484
399,231
103.639
430,409
32,598
315,975
507,161
7,345
1,380.322
652,049
508.003
208,698
5,1,14,244
7,750,942
337.243
8,088,185
189,638
7,857
8,753
103,123
8,191,308
40,137
4,378,924
184,277
296,879
197,404
1,161,621
373,517
296,898
1,545,147
23,434
1890.
^^
409,642
1,450,182
501,113
247,081
208.270
311,182
222,487
21,128
68.512
2,002,261
314,565
79,129
338,048
29,630
300,281
283.947
6,242
1,311,150
861.890
357.701
169,526
4,489,020
7,103,281
172,456
7,275,741
168,700
7,292
7,946
91,968
7,367,709
37,119
3,865.282
184,000
262,530
166,832
1,015,917
398,923
254,553
1,190,048
19.517
Including new lines controlled, formerly reported separately.
Mexican currency.
a Main Line.
Latest Oross Earnings by Weeks.— The latest weekly earnings in the foregoing table are separately summed up as folJows:
The statement for the first week of May is very satisfactory, there being an increase of 14-68 per cent on 81 roads.
Only 8 of the roads show any loss.
St. I^uls Ark. Ii. Texa«...
St. I>ouis .t 8an Francisco,
Ban Antonio
it
week of May.
&
Atlantic
Bait.
1890.
Pacific
AOhioSouthw
BuOalo Roch. &
Pitts....
BurlinKtoii C. Rap.
Canadian
&No.
r,aclllc
'Central Vermont
Chesapeak(< i Ohio
ChicaRO Si Atlantic
Ohlcago & East. Illinois.
Chicago Mil. cfe St. Paul..
Chicajjo St. P. <fe K. City.
Chicago & West Mich....
Cincinnati Jack. & Mack.
Chi. N.O. &. T. P. (5 roads).
Cleve. Cin. Chic. & 8t. 1. .
Colorado Midland
Col.
& Cin.
Midland
& Rio (Grande .
Detroit Bay C. & Alpena.
Detroit Lans. & North..
Duluth B. 8. & Athmtie...
£ast Tennessee Va. & Oa.
Denrer
.
& ludianap
& Terre Haute....
Pcre Marquette..
Grand Rapids & Indiana.
Evans.
Evans.
Flint
&
Cincinnati R.&Ft.W...
•Grand Trunk of Canada.
Chicago &Gr Tnuik..
•Detroit Or. H. &Mil..
Towh Central
Keokuk & Western
^ake Erie <fe Western
liOulsT. Evansv. & St. L.
ItOuisTllle & Nashville...
toulsv. N. Alb. &Chlc...
tonlsville 8t. L. & Texas.
Memphis & Charleston.
Mexican Central
.
Mexican National
Milwaukee L.Hh.&We»t..
Milwaukee & Northern ..
•New London Northern..
New York Ont. AWest...
Norfolk
& Western
Northern PaciHc
•Ogdenshurg & Lake Ch.
Ohio & Mississippi
Ohio River
Peoria Doc. 4 Evans
Pittsburg & Western....
BJch. & Danv. (8 roads)..
Rio Grande Western
8t L. Alt. & T. U. Brchcs.
68.282
39,019
41,827
44,498
273.000
56.369
134,691
50,676
48,803
469.000
83.728
30,346
11.321
152,209
249,984
33,500
5.597
158,000
8,959
22,163
48.672
120.105
4,657
18.452
53.429
45.737
8,655
4.472
381.560
72.956
19.711
24,606
5,970
5.022
46.901
23,777
355,790
41.9.36
7,938
35,360
110,687
65,807
77.406
31,400
10,462
3.5.380
126,401
41 1 ,535
13.516
87,306
11.701
13,533
40,804
252.175
26,415
21.660
1889.
$
50.802
34,620
36,223
43,615
239.000
54,732
106,454
37,790
44.508
430.049
49,547
25,907
9,547
108,951
232.179
27.433
6,559
143.000
11,154
16,265
43,301
94,969
4,037
15,468
48.329
40,365
8,5.50
4,614
357,808
55,470
16.644
20 532
4,163
5,804
41.024
20.733
Increase.
$
Decrease.
$
17.480
4„399
5,604
Seattle L. 8.
A
Eastern
Texas
&
.
Pacific
Toledo Ann A.it No.Mich.
Toledo Col. &. Cincinnati.
Toledo A Ohio Central.
Toledo Peoria & Western.
Toledo St. L. & Kan. City.
Wabash
•
For week ending
34,000
1,637
28,237
12,886
4,295
38,951
34,181
4,439
1,774
43,258
17,805
6,067
962
2,195
6,898
5.371
23,136
620
105
142
2S,752
17,486
3,067
4,074
1,807
782
5.877
3,044
296,7.35
59 055
30,171
4.186
25,915
117.643
64.284
74.072
20,327
11,216
32,461
97,140
350,213
11.815
77.210
11.596
12,544
42.873
218.390
19.300
15.043
2,765
3,752
9,445
6,956
1,523
.3,334
11.073
754
2,919
29,261
61,322
1,701
10,096
105
989
2.069
33,786
7.115
6.617
16,0.56
13.934
212,487
65.800
16,972
60,066
4,749,225
.
p. 0.)
IMIH
6.306
1,504
16.171
1,023
2,200
5,366
30,486
727,296
697.316
20,981
May 3.
—
,
Roads.
Allegheny Valley .. .Mch.
Jan. 1 to Mcb. 31...
Oross Earnings.
1890.
1889
$
$
,
—-'Set Eamingt.1890.
$
186,619
178,154
66,572
645,532
604,832
193,280
AnnlstonA Atlantic. Mch.
6,832
9,617
1,272
Jan. 1 to Mch. 31...
21,554
26,655 def. 2,759
AnnifltonA Clncin..Mcli.
10,821
9,899
6,181
Jan. 1 to Mch. 31...
37,658
26,074
15,985
Atch. Top. & B. Fe..Mch. 2,491,379 1,838,935
851,664
Jan. 1 to Mch. 31... 6,760,137 6,429,864 2,158,096
July 1 to Mch. 31. ..21,762,139
7,772,855
1889.
S
70,931
209,208
6,200
9,738
369,055
1,143,794
Roads Jointly owned:—
Atchison's half... Mch.
133,764
115,937
20,096 def. 15,6Sa
Jan. 1 to Mch. 31...
365,481
869,165
44,430 def 19,595
JulyltoMch. 31... 1,071,138
116,076
Wholssystem
Mch. 2,625,142 1,954,872
871,760
353,502
Jiin. 1 toMch. 31... 7,125,617 5,799.020 2.202,526 1,124,189,
July 1 to Mch. 31... 22,833,277 20,943,093 7,888,931 5,419,605
Atlantic* Danville. Mch.
38,785
21,028
15,311
10,9(»l
Jan. 1 to Mch. 31...
108,923
68,911
47.229
31,738
Atlantic&Paclflc.Mch.
243,779
215,361
41,903
14,901
Jan. 1 to Mch. 31...
669,071
692,819
101,128
31,494
Baltimore
& Ohio—
LinesEastOhioBlv.Moh 1,511,903
Jan. 1 to Moh. 31... 4,305,798
Oct. 1 to Mch. 31... 9,193,529
IiinesWestOhioRiv.Mch
449,556
Jan. 1 to Mch. 31
1,249,564
Oct. 1 to Mch. 31... 2,702,757
Total System
Mch. 1,961,459
Jan. 1 to Mch. 31... 5,555,362
Oct. ltoMoh.31... 11, 898,286
Bait. <t O. Southw. .Feb.
172,.539
Jan. 1 to Feb. 28...
364,060
Bait. A Potomac... Mch.
132,480
Jan. 1 to Mch. 31...
388,098
1,330,558
492,200
421,418
3,682,962 1,305,759 1,039,368
7,598,522 3,200,117 2,318,769
391.285
80,269
66,479
1,097,035
179,875
89,430
2,401,208
564,854
368,047
1,721,813
572.469
487.897
4,780,897 1,485,634 1,128.798
9,999,730 3,770.971 2.686,806
161.145
57.498
47.191
341,050
97,360
118,67o
143,620
24,643
44,269
373,095
82,210
97,043
Buff. Roch. A Pitts.. Moh.
151,072
152,317
52.599
35,970
Jan. 1 to Moh. 31...
413,349
483,193
134,817
130,183
Oct 1 to Moh. 31...
910,571 1,053,313
276,827
337,736
Burl. Cedar K. A No. Feb.
216,128
108,761
74,496
271,994
Jan. 1 to Feb. 28...
488,526
421,755
169,859
135,396
1,820
761
Burl. ANorthwest'n.Mch.
4,411
4,109
14,156
6,609
6,435
Jan. 1 to Mch. 31...
14,028
def. 992 def. 1,323
Burl. A Western.
.Mch.
4,104
3,945
12.064 def. 1,172 def. 2,86i
13,294
Jan. 1 to Mch. 31...
38,096 def. 5,103 def. 4,198
Camden A Atlantic. Mch.
40,815
103,863 def. 21,170 def. 19,349
113,910
Jan. 1 to Moh. 31...
364,398
363,671
Canadian Pacific... Mch. 1.150.226 1,128,623
715,651
665,178
Jan. 1 to Mch. 31... 3,007,375 2,870,607
27,725
13,430
38,754
10,155
Cape Fr.AYad.Val.Apr.
171,406
130,093
73,306
61,591
Jan. 1 to April 30...
605,609
86,162
138,048
B.Co.Ga.Mch.
639,285
Cent
514.758
577,865
Jan. 1 to Mch. 31... 2.228,660 1,9.>5,111
July 1 to Moh. 31... 6,859,711 6,078,317 1,999,252 2,16 7,798
318.803
906,607
900,687
325,173
Cent. ofNewJersey.Mch.
929,344 1,128,118
Jan 1 to Mch. 31... 2,622,282 2,789,215
Central Pacific
Moh. 1.100,099 1,155,007
281,550
386,952
Jan. 1 to Mcb. 31... 2.843,199 3,204,950
337,840
830,121
Chesapeake A Ohio. Moh.
439,007
571,000
101,000
71,000
Jan. 1 to Moh. 31... 1,731,000 1,307,007
325,000
241,00a
JiUy 1 to Mch. 31... 5,266,235 4,000,818 1,418,696
854,206
.59.604
Ches. Ohio A South. Moh.
154,320
160.681
49,828
207.108
Jan. 1 to Mch. 31...
483,513
170,306
494,917
14,875
Chicago A AUanUc. Feb.
197,882
162,062
26,668
Jan. 1 to Feb. 28...
82,813
aii,8S«
428,195
381,713
52.874
72.214
Chlo. Burl. A North. Feb.
160.940
149.203
103,082
101,940
Jan. 1 to Feb. 28...
279,910
307,831
867,880
Chlo.Burl.AQuinoy.Mch. 3,160,747 2,657.998 1,270,692
Jan. 1 to Mch. 31... 8,467,666 7,534.956 3,015,556 2,100,685
745,496
783^916
Chlo. Mil. ABtPauLMoh. 2,077,764 2.019,897
Jan. 1 to Mch. 31... 5,665,311 5,352.*15 1,641,201 1,572,190
July 1 to Mch. 31.. .20,456,612 19,666,056 7,561,944
der.40
1,360
5,413
Chicago A Ohio Ri v'r.Mcb.
5,566
4,309
6,288
20,413
Jan. 1 to Mch. 31...
16,576
237.919
69,022
69,491
402,083
Chic. St.P. AK.City.Mch.
656,223
Jan. 1 to Mch. 31... 1,066,826
48,576
35,893.
126,1.54
Chic A West Mich.. Mch.
133,411
67,357
106.175
822,716
Jan. 1 to Moh. 31...
335,337
88,000
66,000
321,499
303,813
Cln. N.O. ATex. Pac.Mch.
283,000
303,000
885,448
Jan. 1 to Mch. 31... 1,007,886
940,333
July 1 to Moh. 31... 3,196,916 it,7»2,680 1,202,000
BRA
2,981
7,100
5.372
4.263
Net Earnings Monthly to Latent Dates.— TV following,
shows the gross aTid net earnings to latest dates of all railroads
furnishing monthly statements. The compilation includes
every road from which we can get returns of this character,
and in that form is given once a month. Early returns are
published from week to week, as soon as issued, hut for
the convenience of our readers all tlie roads making returns
are brought together here in the week in which we pvblisk
our monthly article on net earnings say on or about the 20th
of the month.
. .
15.000
16,714
4.558
19,976
5,4-16,540
.
Total (81 roads)
Net increase H4-68
4,498
11,263
12,266
3,985
17,.560
(consol. system).
Deereate.
$
49,201
97,460
20.906
4,515
110,311
30.105
213.510
68.000
21.337
99,540
Western N. Y. & Penn
Wheeling & Lake Erie...
Wlsconaln Central
.
883
Inereate.
63.699
108.718
83,172
8.460
94,190
20,077
6.085
25,336
Ax. Pass..
.
Ist
1889.
S
.
25, (iH!)
303,
2,980,608 2.808, 2:Ty
6,084,790 7,307, l(i(>
9,665,398 10,115, 424
398,656
Jfay.
1889.
*
Booth Carolina iMarch
Bpar, Un. & Ool. March...
IH VKtk of
699
.
.
THE CHRONICLE
700
-aroM Earning:
1890.
1889.
Hoadf.
C. N. O. & T. P. (Cont.)—
Jfew
Orl.
Jan.
& N'oast.Moll.
Mch. 31...
Mch. 31...
Vloks.Moh.
to
July 1 to
1
Alabnma &
Jau.
1
toMoh. 31...
July ItoMcli. 31...
Vlcks. 8h. & PacMoh.
Jan. 1 to Mch. 31...
July 1 to Mch. 31...
88,709
277,640
771,852
45,269
150,597
436,822
43,922
148,242
482,838
58,432
159,316
548,332
34,581
92,762
287,496
1,084,203
2,796,850
8,805,611
17,017
36,757
38,037
78,866
606,584
41,744
79,370
579,608
1,649,277
158.001
326,900
Clev. Akron A Col.SIch...
Jan. 1 to Mch. 31...
July 1 to Mch. 31...
Clereland & Canton.Mch.
Jan. 1 to Mch. 31...
July 1 to Mch. 31...
Clev.Cln.Chic.&St.L.Mch. 1,100,873
Jan. 1 to Mch. 31... 2,938,474
July 1 to Mch. 31... 9,444,468
Fob.
Clev. & Marietta
16,669
Jan. 1 to Feb. 28...
35,878
Mch.
Colorado Fuel Co
Jan. 1 to Mch. 31...
July 1 to Mch. 31...
Dayton Ft, W. & Chic . Feb
Jan.
1 to
Feb. 28...
Denver & B. Grande.Mch.
Jan. 1 to .Mch. 31... 1,741,203
.DenverTex. &Ft. W.Fob.
218,200
492,800
Jan. 1 to Feb. 28...
July 1 to Feb. 28... 2,066,146
Det. Bay Citv & Al.Mch.
46,565
Jan. 1 to Mch. 31...
137,386
Det. Lans. & North. .Mch.
106,331
Jan. 1 to Mch. 31...
266,731
East Tenn.Va. & Ga.Mch.
534,459
Jau. 1 to Mch. 31... 1,661,586
July 1 to -Mch. 31... 4,889.656
JKnoxv. & Ohio. ...Mch.
49,501
Jan. 1 to Mch. 31...
149,639
July 1 to Mch. 31...
452,114
Total system
Mch.
583,960
Jan. 1 to Mch. 31... 1,811,225
July 1 to Mch. 31... 5,341,800
Ella. Lex. & BlK San.Moh.
62,670
Jan. 1 to Mch. 31...
176,310
Flint & Pere Marq..Mch.
294,270
Jan. 1 to Mch. 31...
774,835
Oa. KR. & Bk. Co.. Mch.
152,387
Jan. 1 to Meh. 31...
520.611
Ga. Southern & Fla. Meh.
52,654
Jan. 1 to Mch. 31...
153,006
Orand Trunk of Can.Mch
Jan. 1 to .Mch. 31...
Chic. & Grand Tr. ..Mch
Jan. 1 to Mch. 31...
Det. Gr. H. &Mil.Mch.
Jan. 1 to Mch. 31...
Green Bay W.& st.P.Mch.
—
£
323.389
897,785
65,931
186,066
18,682
60,987
f
36,551
87,764
1,614,533
45,881
126,143
97,434
249,621
454,629
1,38.5,428
4,082,876
55,332
149.002
411,927
509,960
1,534,429
4,494,802
69,015
207,386
236,565
610,134
164,830
507,778
21,942
55,585
*
315,087
861,646
,2?'2f'''
164,74.0
18,245
47,418
$
*
13,890
17,000
02,989
76,000
177,989
239,000
9,000
12,000
51,000
46,000
148,000
157,000
9,000
1,000
37,000
31,000
141,000
151,000
14,315
16,818
29,237
42,242
151,809
108,486
11,806
12,076
25,701
27,348
111,116
89,511
381,535
370,378
982,709
829,224
3,303,307 2,953,139
1,870
3,521
5,486
6,638
22,458
14,343
65,705
61,957
229,229
197,487
11,513
7,784
16.158
17,198
229,496
201,631
621,372
515,290
43,000
7,189
118,000
21,770
609,739
344,241
25,304
24,180
71,650
62,137
30,330
27,478
64,236
45,039
193,002
132,752
637,963
427,764
2,006,855 1,341,691
20,389
23,154
58,113
57,502
165,382
162,394
213,391
155,905
696.076
485,266
2,172,237 1,504,085
20,950
24,987
61,275
64.554
96,682
87,684
220,112
175,390
39,438
62,426
191,238
224,205
20,229
11,190
57,522
27,512
*
88,513
209,317
421,455
Jan. 1 to Mch. 31... 1,193,881
1 to Mch. 31... 3,780,524
Kentucky Central Mch
81.417
Jan. 1 to Mch. 31...
224,958
July
.
.
379,988
1,151,458
3,464,449
82,087
216,371
26,708
25,800
87,114
77,925
5,727
5,096
14,970
15,472
222,847
207,358
637,043
596,133
Uttle Rock & Mem.. Mch.
39,108
48,000
Jan. 1 to Mch. 31...
150,645
164,338
Xoulsv. & Nashville Mch 1,518,177 1,476,378
Jan. 1 to Mch. 31.
4,586,350 4,221,753
July 1 to Mch. 31. .14,305,507 12,529,008
•Xoulsv. St. L.& Tex. Mch.
27,382
10,443
Jan. 1 to Mch. 31...
85,889
.Memphis ACha'sfn. Feb.
145.305
162,516
Jan. 1 to Feb. 28...
317,819
325,036
July 1 to Feb. 28... 1,236,273 1,132,263
Jlezloan Central.... Feb.
569,567
457,907
Jan. 1 to Feb. 28... 1,156,612
974,579
Mexican National.. Mch.
327,303
330,510
Jan. 1 to Mch. 31...
963,216
907,497
Minn. & St, Louis... Mch.
130,114
109,536
Jan. 1 to Mch. 31...
336,175
286,098
tf July 1 to Mch. 31... 1,192,732 1,023,237
Mlnn.8t.P. &8.S.M.Mch.
130,275
130,370
Jan. 1 to Mch. 31...
489,082
325,227
Nash. Chatt & St. L.Apr.
277,144
258,288
Jan. 1 to April 30... 1,136,227 1,117,834
July 1 to AprUSO... 2,977,052 2,753,099
.Hew Brunswick
Mob.
83,734
82,108
Jan. 1 to Mch. 31...
205,964
199,259
July 1 to Mch. 31...
708,093
666,390
Keokuk & Western. Mch.
.
Jan. 1 to Mch. 31...
I/. Erie All. &South. .Mch.
Jan. 1 to Mch. 31. .
Lake Erie & West'n.Mch.
Jan. 1 to Mch. 31...
.
*
85,822
194,676
I'^'e^S
16,.530
42,728
4,179
6,602
37,571
3,674
5 910
*
31,508
10,628
Jan. 1 to Mch. 31...
69,632
20,396
Illinois Central
Apr.
972,840 U38,926
Jan. 1 to April 30... V9Z?'?2^ 4,261,058 1 1,044 945
4,50t>,379
July 1 to Ai)ril30.., 12,2o0,400 10,631,912 :4,141,792
-Cedar Falls & .M..Apr
6,903
7,a2o det. 3,2.31
Jan. 1 to April .30...
24,547
28,667 def. 20,823
July 1 to April 30...
77,167
80,867 dof. 50,426
Dub. & Sioux City. Apr.
141,595
117,582
12,494
Jan. 1 to April 30...
587,622
507,770
85.868
July 1 to April 30... 1,621,264 1,482,110
1409,409
Total Iowa lines.. Apr.
148,498
125,107
9,263
Jan. 1 to April 3u...
612,169
536,437
65,045
July 1 to April 30... 1,698,431 1,562,977
358,983
Iowa Central
Mch
138,821
117,180
51,022
Jan. 1 to Mch. 31...
397,111
362,497
137,981
Jaok.Tampa &K. W.§Mch
60,609
57,969
24,586
Jan. 1 to Mch. 31...
194,380
179,744
86,726
Kan. C. Ft. S. & Mem. Mch
—^
Earninar.
1889.
1890.
-Ifet
$
90,158
287,984
860,520
52.236
170.672
517,300
46,254
163, S30
532,698
66,239
183,520
585,413
38,200
105,306
358,435
rvoL.
S
8,974
9 628
:293,i:il
:i,490 617
;3,762 307
def. 513
def. 4,774
def. 12,646
14,542
96,239
11315,893
14,029
91,465
303,247
28.147
92,721
22,933
68,016
128,346
123,845
334,382
360,394
1,233,937 1,190,871
32,788
42,985
90,541
87,256
1,500 def. 6,734
28,386
12.743
1,468
1,002
2,465
3,357
92,867
77,588
255,760
233,532
5,694
14,337
50,988
60,936
541,569
595,851
1,744,272 1,673,081
5,798,658 4,887,759
8,213
1,548
28,739
31,173
68.071
76,541
106,870
403,024
271,894
206,929
195,848
425,088
437,254
41,414
84,656
177,547
194,445
62,216
18,085
122,955
69,543
450,982
307,175
15,134
48.425
126,608
103,232
100,404
102,0o2
427,029
455,800
1,185,674 1,138,127
28,372
32.488
51,480
63,283
218,390
211,649
Oroaa Earninos.
1890.
1889.
Roods.
New Orleans <&OuIf. Meh
Jan. 1 to Mch. 31..
tr. Y. L.E. & West'n.Mch
Jan. 1 to Mch. 31
£
,
— Net Earnings.
1890.
.
. .
.
.
. .
.
.
.
Southern Pacific Co.—
Gal.
Har.&S.Ant.Moh.
Jan. 1 to Moh. 31..
Louisiana West'n.Mch.
Jan. 1 to Mch. 31...
352,182
971,980
87,387
261,789
415.917
Morgan'sLa.&Tex.Mch.
Jan. 1 to Mch. 31.. 1,245,700
10,473
N.Y. Texas & Mex.Moh.
35,389
Jan. 1 to Moh. 31
. .
1889.
S
11,003
13,906
def 753
37,209
40,882
2,465
2,242.488 2,113,191
796,280
6.454,760 5,748.659 2,116,744
Oct. 1 to Mch. 31... 13,926,793 12,713,076 4,752,183
N.Y. & Northern. .Mch.
42,565
42,825
7,633
Jan. 1 to .Mch. 31...
121,712
120,404
13.134
Oct 1 to Mch. 31...
262,306
247,299
28,898
If. T. Ont. <fe West'n.Mch.
171,461
125,771
34,896
Jan. 1 to Mch. 31...
427,104
351,609
60,342
Oct. 1 to Mch. 31...
896,709
754,057
129,966
Norfolk & Western. .Mch.
488,065
443,235
172,232
Jan. 1 to Mch. 31... 1,443,455 1,244,319
490,664
Northern Central ... Mch
558,373
471,200
159,206
Jan. 1 to Mch. 31... 1,612,174 1,371,140
467,688
Northern Pacific
Mch 1,676,581 1,626,994
710,621
Jau. 1 to Mch. 31... 4,136,889 4,003,551 1,376,793
July 1 to Mch. 31. 16,792,255 14,624,492 7,251,642
Ohio & Mississippi. .Mch.
354,708
309,563
100,390
Jan. 1 to Mch. 31...
977,844
917,750
248,432
July 1 to Mch. 31... 3,232,131 3,046,216 1,049,453
Ohio River
Mch.
39,381
alO,881
41,572
Jan. 1 to Mch. 31...
131,018
113,583
49,212
Mch.
Oregon Imp. Co
368,311
324,577
40,746
Jan. 1 to Mch. 31...
944,695
928,270
48,434
Dec. 1 to Mch. 31... 1,275,338 1,263,853
65,479
Penn.(E. ofP.&E.).Mch. 5,470,715 4,796,136 1,647,271
15,464,117 13,746,038 4,348,-148
Jan. 1 to Mch. 31
Mch.
Petersburg
13.301
48,080
43,805
136,849
Jan. 1 to Mch. 31...
128,772
54,788
351,836
319,701
130,227
July 1 to Mch. 31...
& Erie. Mch. 386,251
Philadelphia
300,107
122,946
843,459
264,090
Jan. 1 to Mch. 31... 1,009,793
535,388
Phila. &Eeadins....Mch. 1,508,747 1,309,477
Jan. 1 to Mch. 31... 4,389,109 3,933,940 1,604,947
Deo. 1 to Mch. 31... 6,044,051 5,334,452 2,270,447
115,706
116,386
51,719
Pittsburg & West'n.Mch.
332,655
320,518
144,384
Jan. 1 to Mch. 31 ..
467,630
July 1 to Mch. 31... 1,056,792 1,014,894
43,032
42,159
12,139
Pitts. Cleve. & Tol Mch.
113,360
111,351
23,561
Jan. 1 to Mch. 31...
300,766
374,048
80,697
July 1 to Mch. 31
16,948
24,403
309
Pitts. Paines. & F.Mch.
52,650
57,694
8,628
Jan. 1 to Mch. 31
195,603
226,540
52,425
July 1 to Mch. 31...
Mch.
175,686
182,947
64,167
Total system
498,666
489,561
176,574
Jan. 1 to Mch. 31...
600,752
July 1 to Mch. 31... 1,613,161 1,615.481
79,911
33,118
Pitts,Young8.&A3h.Mch.
112,729
Jan. 1 to iMch. 31
66,980
63,421
Pr'scott&Ariz.Cent.Moh.
10,762
24,594
32,561
14,320
Jan. 1 to Mch. 31...
K.C.Mch.
19,750
21,594
4,820
Quin. Omaha&
55,485
61,731
13,788
Jan. 1 to Mch. 31...
440,008
RJchm'd&Danvillfi.Mch.
439,128
172,077
612,959
Jau. 1 to Mch. 31... 1,379,276 1,244,735
July 1 to Mch. 31... 4,051,081 3,644,950 1,757,876
81,514
76,331
30,660
Char. Col & Aug. Mch.
256,394
240,896
96,338
Jan. 1 to Mch. 31...
731,673
729,820
258.312
July 1 to Mch. 31...
183,027
170,709
59,248
Virginia Midland. Mch.
516,679
447,973
141,205
Jan. 1 to Mch. 31. ..
1,709,207 1,436,802
694,569
July 1 to Mch. 31.
81,412
75,226
28,126
Columb.& Green v.Moh.
266,049
218,576
113,836
Jan. 1 to Mch. 31...
695,455
572,331
272,464
July 1 to Mch. 31...
81,172
29,664
88,639
WestNo. Carolina. Mch.
230,967
232,829
82,384
Jan. 1 to Mch. 31...
658,317
594,126
181,527
July 1 to Mch. 31...
141,400
108,715 def.3,976
Georgia Pacific... Mch.
488,071
344,004
53,694
Jan. 1 to Mch. 31...
239,959
July 1 to Mch. 31... 1,359,963 1,048,833
681
8,684
9,147
Wash. Ohio &WeatMoh.
25,322
21,957 def.1,552
Jan. I to Mch. 31...
100.813
91,392
19,837
July 1 to Mch. 31...
11,166
10,936
2,017
Ash.&Spartanb'g.Moh.
5,-597
32,032
30,177
Jan. 1 to Mch. 31 ..
98,450
Mch. 31...
93,679
11,217
July 1 to
M«h. 1,031,153
979,059
318,495
TotalofaU
Jan. 1 to Mch. 31... 3,194,780 2,781,146 1,107,461
Mch, 31.. 9,404,958 8,'21 1,934 3,345,759
July 1 to
24,862
28,316
8,234
Rich. & Petersburg. Mch.
72,313
25,8S1
83,358
Jan. 1 to Mch. 31...
206,606
68,052
232,286
July 1 to Mch. 31...
120,330
106,537
33,405
Bio Grande West'n.Mch.
324,270
336,609
79,167
Jan. 1 to Mch. 31...
416,441
July 1 to Mch. 31... 1,172,398 1,089,856
267,335
1.59,124
Bomo Water. & Ogd.Mch. 340,676
909,623
723,570
386,430
Jan. 1 to Mch. 31...
851,735
Oct. 1 to Moh. 31..'. 1,888,276 1,604,518
80,263
89,004
36,487
8t.L..Alt.&T.H.bch8.Feb.
188,444
80,119
158,866
Jan. 1 to Feb. '28...
266,334
241,167 def. 51,487
St.L. Ark. & Texas. .Mch
928,516
756,554 df.128,463
Jan. 1 to Mch. 31...
212,553
488,828
435,349
St.L.&SanFr'nciaco.Moh.
618,300
Jan. 1 to Moh. 31... 1,417,985 1,265,721
83,144
37,176
112,718
Paul&Duluth...Moh.
St.
213,497
60,729
277,315
Jan. 1 to Meh. 31...
336,644
July 1 to .vch. 31... 1,067,4'22
4,545
43,342
49,554
San Fran. &No.Pac. Mch.
131,3.56 def. 4,141
121,-589
Jan. 1 to Mch. 31...
523,954
158,055
544,892
1 to Mch. 31...
July
10,726
11,424
23,034
Sav. Am. & Mont.cMch.
69,679
19,219
104,640
Shenandoah Valley Mch.
179,779
38,862
282,947
Jau. 1 to Mch. 31...
.
ti,
1,950
1,457
754,979
1,879,982
4,386,754
7,769
15,127
17,369
12,347
24,952
60,552
171,755
416,320
154,942
426,730
747,713
1,514,395
5,871,421
75,432
226,235
838,176
17,950
43,864
37,712
38,853
39,085
1,.589.100
4,061,338
8,714
41,415
85,652
102,428
229,219
482,007
1,510,353
2,074,688
48,193
123,758
407,975
11,130
15,626
94,075
7,831
11,843
84,735
67,153
151,226
586,785
21,309
51,539
6,607
20,896
5,910
18,855
197,135
552,298
1,582,530
25,599
93,483
287,108
70,868
147,033
525,255
32,132
96,558
233,413
34,676
58,176
115,017
10,780
60,950
207,821
110
def. 2,010
21,630
879
def. 723
15,376
372,180
1,005,763
2,988,150
8,746
28,053
62,695
31,164
103,322
367,650
115,675
257,740
657,087
32,750
59,513
23,036
6,281
183,196
,507,352
15,247
22,927
2,541
12,942
124,649
4,200
9,737
def. 24,601
296,159
94,244
27.159
909,234
181,443
120,980
86,310
44,013
39,765
252,862
135,609
111,976
410,064
81,595
117,879
1,257,365
328,049
379,128
7,921 def. 8,2 97 def. 5,793
23,639 def .19,345 def. 221344
HA.Y
THE CHRONICLR
1990.
Gross Jianuiii/s.
lfe89.
1890.
Roads.
%
Boutheru Pacific Co.- Cont.—
Tex. & New Orl'ns.Mch.
147,605
Jan. 1 to McU. 31
465,750
Total AtlttuUcsya.McU. I,013,.5tt4
. .
.
Jan. 1 to Mcli. 31...
Tot. Pacific systcm.Mch.
Jan. 1 to Mob. 31...
Total of all.
.Mob.
Jan. 1 to Moh. 31
Bonthern Pacific KR.—
2,980,008
2,538,408
6,084,790
3,552,032
Coast (No'tli'u)Div..Mclj.
153,114
,
. .
Meh.
50,842
34,872
191,636
88,079
202,398
813,882
817,393
677,819
2,808,259
600,047
741,121
2,525,809
1,132,244 1,910,890
7,307,106
868,445
955,003
3,452,029
0,115,424 1,949,637 2,688,708
15,307
48,397
25,976
69,909
234,359
100,235
284,125
1,013,929
8,131
24,027
73.176
222,796
714,421
. .
85,.50O
Mch. 31...
& Ohio Cent Mch.
Jan. 1 to Mch. 31
July 1 to Mch. 31...
Tol.A Ohio C. Exten.Mch.
Jan.l to Mch. 31...
Tol. Peoria & West.. Mch.
Jan. 1 to Mch. 31...
July 1 to Mch. 31...
Vnlon Paolflo—
Oregon 8. L. & U.N. Mch
646,269
Jan. 1 to Mch. 31... 1,380,321
Ore. Ry & N. Co. <^ Mch
303,136
Jan. 1 to Mch. 31...
652,048
1 to
Toledo
. .
33,405
115,241
113,718
345,077
45,250
142,000
28,392
86,725
8,223
6,015
33,191
det. 2,094
44,394
def.l3,5(H
def. 3,383
61,500
258,000
154,700
2,448
11,160
11,936
31,811
114,796
42,323
115.933
424,094
4,219
12,089
16,577
51,996
170,996
Somiuit Branch
Mch.
Jan. 1 to Mch. 31...
June
51,906
112,135
135,123
321,685
57,654
159,352
25,760
81,790
8,221
10,461
33,729
81,979
247,681
51,565
145,315
314,600
92,128 def. 1,748
311,182 aef.23,110
70,535
3,947
222,487 det.10,786
Oct. 1 to Mch. 31...
Jan. 1 to Mch. 31...
$
125,766
363,158
926,220
138,273
15,354
45,548
19,735
55,435
179,041
78.135
236,764
876,739
7,926
22,603
71,262
216,987
693,587
169,.'i00
108,700
4,117
13,111
10,454
26,422
74,522
27,538
77,273
282,729
4,085
11,423
16,727
56,209
161,379
3,073
7,857
3,181
8,753
39,995
103,123
Grand total
Mch. 3,399,873
Jan. 1 to Mch. 31... 8,191,308
Wabash
Mch. 1,056.349
Jan. 1 to Mch. 31.
3,165,097
July 1 to Meh. 31... 10,437,788
West. N.Y. & Penn. .Mch.
284.777
Jan. 1 to Mch. 31 .
792,921
Oct. 1 to Mch. 31... 1,696,860
WestJersey
Mch.
110,687
Jan. 1 to Mch. 31...
290,879
West Va. Central... Mch.
67,640
Jan. 1 to Mch. 31...
197,404
Wheel. & Lake Erie Feb
82,232
Jan. 1 to Feb. 28...
165,091
Jnly 1 to Feb. 28...
655,220
Whltebreast Fuel Co.Mch
Jan. 1 to Mch. 31
July 1 to Mch. 31
Wisconsin Central.. Mch.
383,161
Ja:i. 1 to Mch. 31... 1,028.794
JiUy 1 to Mch. 31... 3,514,235
Wrights. & TennUle.Moh.
8,451
Jan. 1 to Mch. 31...
23,434
July 1 to Mch. 31...
68,261
26,035
1,906 def. 7,645
91,968 def. 49,926 def 41,799
2,697,651 1,066,280
940,158
7,367,709 1,963,440 2,087,471
922,095
261,628
184,308
833,860
541.210
2,739,714
9,617,916 3,110,635 2,233,001
233,314
112,652
40,579
254,231
121,600
703,551
1,550,735
502,704
339,773
103,023
26,594
29,389
262,530
38,551
17,534
16,804
51,698
25,069
166,832
67,970
50,592
67,827
27,941
32,378
140,871
63,358
56,218
224,>-90
588,425
260,402
19,400
10,872
20,257
47,818
115,101
124,783
332,447
135,223
121,778
823,612
309,380
191,093
2,978,875 1,338,201
904,780
7,648
4,843 def. 1,375
19,517
10,801
1,150
58,959
28,828
9,331
Bt.Jos.
&Gd. IsI...Mch.
Jan. 1 to Mch. 31...
Den. Lead.
& Gun. Mch.
147,271
375,629
75,770
208,698
2,054,710
5,131,244
3,227,157
Jan. 1 to Mch. 31...
All otherllnes
Moh.
Jan. 1 to Mch. 31...
Total Un. Pac. 8 vs. Mch.
Jan. 1 to Mch. 31... 7,750,942
Cent. Br. & Leas'd.Mch.
132,720
Jan. 1 to Mch. 31...
337,242
Total controlled.. Mch. 3,359,877
Jan. 1 to Mch. 31... 8,088,184
Montana Union... Mch.
73,736
Jan. 1 to Mch. 31...
189,638
Leav. Top.A 8.W..Mch.
Jan. 1 to Mch. 31...
Man. Alma & Bur. Mch.
Jan. 1 to Mch. 31...
Lines Jointly owned—
One-half
Mch.
Jan. 1 to Mch. 31...
. .
.
.
* Includes controlled roads.
{ Net eamiues are stated over and
above outlays for improvements, &o.
expended for
IT !i'i21,744
permanent improvements for the ten months, against .^107,954 Xait
year, both cliarsred to capital account.
a \H\§ Main line only.
crease in March, 1890, caused by high water.
b Twelve days' lo^-"
of business caused by washouts in March, 1890.
c This excludes
boats in 1 889. d EarnuiKs include rail lines only, not the water routeii.
ANNUAL REPO RTS.
St.
Loais
& San
Francisco Railway.
December 81, 1889.^
("For the year ending
The annual statement
ofthis
Oprrationt—
Passengers carried..
Passenger mileage..
Rate i>er pasn. p. m.
company
is
just issued,
and the
Winslovy is printed at length on subsequent
pages, together with the balance sheet of December 31, 1889,
and other valuable tables. Remarks upon the year's exhibit
will also be found in the editorial columns.
The comparative statistics for four years, compiled for the
:
1887.
1,319
930
J
888.
1889.
1,329
1,329
636,890
37,907,215
859,703
49,516,497
2'63 cts.
2 (io cts.
1,497,841
4,874,628
6,229,344
478,631
726,028
713,085
117,272
130,689
55,001
580,074
1,019,094
002,263
137,202
166,668
176,566
1,301,763
1,092,088
173,771
162,146
134,425
2,222,296
2,662,332
45-50
2,081,867
3,247,477
47 '87
3,663,810
2,100,441
63-46
1,032,023
1.180,110
49,674.091 52,012,030
2-49 cts.
2-52 ct*.
FrelKIlt (tons) carr-d
1.185,662
1,447,603
1,630,228
Freight (tons) miles. 246,379,627 309,496,860 810,H03,45e 322,1 64, 17e
Av.rato |>er ton p.m.
1-43 ots.
1-46 cts.
1-30 cts.
1 '33 cU.
Earaingit—
%
$
Passenger
997,288
1,280,311
1,241,173
1,310,938
J-reight
3,617,578
4,506,052
4,044,416
4,278,89§
Mall, express,
359,762
436,978
487,662
468,115
Ac
Total
5,773,251
6,052,051
799,617
707,811
1,283,788
1.103,819
165,534
Oneralint) expenset—
Malnfceof way, Ac.
Equip & mot.power.
Transport'n exp'ses.
Taxes
General
Extraordinary
Total
Net earnings
P.c.of op. ex. to ear's
169,268
30,463
3,460,680
2,592,271
5717
racoMB ACCOtltt.
1886.
SteeipU—
1887.
1888.
2,652,332
159,619
Total net income
tHMbursements
—
Interest on debt. ...)
Int. jjaid as reittal.. 1
d
Sinking funds
funds.
f
Rentals.
3,247,477
2,811,951
Other receipt*
1889.
$
$
Neteamiugs
«
100,3.32
2,109,441
•1,116,542
2,602,271
32,604
3,437,809
3,226,083
2,624,%75
2,219.901
2,382,157
,776,014
,
050,323
,
^''
232,040
146,720
148,350
547,600
(.
Dividends.
Rate of div.on Ist pf
Miscellaneous
315,000
7
5,974
565,000
Total disbursem'ta
Balance, surplus
2,271,297
640,654
2,784,901
815,000
7f
8124
7J
61,310
652,908
3,197,157
2,901,843
28,826 def.276.9es
* Made up as follows :
Interest and dividends, $524.845 ; sale of gen.
mort. bonds, $159,000; profit on securittea sold, !ft432,697.
And:
212 per cent on pref
} And 5 per cent on pref.
5 .^nd 3 on piref
.
Canadian PaeiHc Railway.
CFor the year ending December 31, 1889.^
The annual report for 1889 has not yet come to hand fron*
the company's office. From an early copy loaned to theChronicle by bankers interested in the company, the figures
below have been compiled, and more detailed information
may
be given next week.
At the annual meeting, held in Montreal May 14, the old
board of directors was re-elected, except that Mr. R. V. Martinsen retired and Gen. Samuel Thomas of New York was
gentleman presumably repre-
elected in his place, the latter
senting the Duluth South Shore
The comparative
as follows
statistics,
& Atlantic interest.
compUed
for the Chronicle, are
:
OPERA-nONg AND FISCAI, SBgCLTS.
1886.
4,464
Snies oper. Deo. 31.
1887.
4,96 J
1888.
4,958
1889.
5,020
Operationt—
Passe'gers car'd No.
1,899,319
2,057.089
2,280,049
2.638,600
Passenger mileage. 150,466,149 174,687.802 212,766,865 253,905,182
Rate p. pass, p.uiile
1-98 cts.
210 cts.
1 -79 ct*<.
1-78 otB.
Fr'gUt (tons) car'd..
2,046,195
2,144,327
2,496,857
2,638,690
Fr'ght (tons) mll'ge. 555,438,159 687.786.049 784,972,511 967,508,450
1-10 cts.
Rate p. ton p. mile.
1-006 cts.
0-915 cte.
102 ct«.
—
Eamiiiga
Passenger
$3,170,714
6,112,380
798,710
Freight
Mail, express. Ac...
$3,453,818
6,924,130
1,228,465
$3,800,884 .$4,520,741
8,017,311
8,852,202
1,377,338
l,657,7ir
Total earnings.. $10,081,804 $11,606,413 $13,195,536 $16,030,660
BxpentetMaint'e of way,Ac.
$1,270,468 $1,871,176 $2,233,765 $1,977,309
Motive power
2,969,717
2,488,388
3,224,923
3,065,441
Maint'e of cars
552,662
612,054
584,229
471,349
Transportation
1,543,166
1,831,210
2,154,684
2,192,16»
MisccUaneous
523,633
818,138
1,127,1.59
1.318,337
.
Total expenses.
$6,378,317
$3,703,487
63-26
Neteamtngs
Per o.op. ex.to earn.
$8,102,295
$3,504,118
69-81
$9,324,761
$3,870,775
70-66
.$0,024,601
$6,006,089
60-04
INCOME ACCOUNT.
1886.
Net earnings
$3,703,487
3,068,042
Fixed charges
1887.
$3,504,118
3,-250,264
1883.
$3,870,775
3,544.351
]
889
$6,006,050
3,779,133
$635,445
$253,854
$326,424 $2,226,926
650,000
$635,445
8inT)lU8
$263,854
$326,424 $1,576,928
Extra dlv. Feb. '90.,
Saiplns
Central Pacific Railroad.
fFor the year ending December 31, 1889.^
From the Southern Pacific Company's report we have the
Central Pacific earnings and income accoimt for 1889. Remarks upon the relations of the Central Pacidc to the Government will be found in the Southern Pacific report in last
week's issue of the Chronicle, on page (565.
The earnings and operating expeiLsos of the roads owned,
inchiding the ferry and transfer steamei-s, for the vears 1887,
1888 and 1889, were as foUows:
EARNINGS AND EXPENSES.
1887.
rejMjrt of President
Chronicle, are as follows
FIICAI. HK.SII.T|i.
1886.
Miles operated Deo. 31
I
211,696
199,582
450,153
503,710
285,052
1,311,149
121,768
339,464 def.49,019
161,265
861,889 df.166,153
66,738
29,300
91,989
157,095
74,547
271,699
60,200 def. 14,735 def. 20,502
169,526 def. 70,830 def. 63,041
613,125
784,075
1,667,523
4,489,020 1,659,507 1,418, 228
913,220
2,612,329
998,752
7,103,284 1,804,669 2,094,711
14,584
59,287
65,621
172,456
148,697
34,560
957,804
2,671,616 1,064,374
7,275,740 2,013,367 2,129,271
5,191 def. 32,466
47,095
168,700 def. 3,856 def. 70,764
def. 1,675 def. 2,742
2,356
7,292 def. 7,701 def. 7,911
296
def. 82
2,619
7,946
1,706
1,078
.
OPERATIONg AND
,
1889.
92,397
210,117
52,562
152,596
323,776
68,150
184,644
67,036
165,930
Jan. 1 toMclJ. 31...
Btatcn I. Rapid Tran.McIi.
Jan. 1 to Mcli. 31...
Lykena Valley... Moh.
Jan. 1 to Mch. 31
Tenn.Coal & Iron Co.Mch
Jan. 1 to Mch. 31...
Feb. 1 to Mch. 31...
Teimeasee Midland. Mch.
Jan. 1 to Mch. 31...
XoledoCol.A Ciucin.Mch.
Eamtngt.
$
$
Jan. 1 to .McIi. 31...
409,042
398,056
Boutbcru Divislon.MclJ.
489,073
535,335
Jan. 1 to McU. 31... 1,420,900 1,450,182
Arizona Division.. Mcb.
108,274
181,728
Jan. 1 toMcli. 31...
501,113
478,766
New Mexico Dlv
.Ve<
1890.
701
Aver, miles operated
1,348-03.
Orosseamlngs
Operating ex^BBBB
Net earnings
.-
.".!..'!n5-.^.....
PeroentT-oper. exp. to
1888.
1,361
$13,604,682 $1.5,838,833
9.63-2,068
7,271,924.
Ama..
$9;3 32,758'
53-45
$6,206,765
60-81
1880.
1,360.
$15,530,215
9,764,273
$5,765,943
62-87
iBE CHRONICLE
W102
INCOME ACCOtrST
Seceipls.
. .
1887.
$1,200,000
7,200
807,419
436,137
469,279
1888.
$1,360,000
672,005
467,217
268,667
1889.
$1,360,000
7,200
1,274,136
458,243
602,180
$2,920,036
Paymentt.
3u»r»nteed rental
idends on gtock owned
It. fnnde and Int. earned
8. requirement*
nd galea ..;..;„.*;^
^•••^j*V^"'**
$2,767,889
$3,701,759
.
.
Total
Wnk. fund
receipts, tr. B. re-
qnlrements, and land Bales aa
,
'
'
;
$1,712,836
$1,407,889
1,345,510
$2,334,560
1,345,510
$1,712,836
$2,753,399
$3,680,070
$1,207,200
er.302,319
1,950,271
available for dividends
CKvldends, 2 per cent
$14,490
$21,689
dr. 13,506
(Jr.328,699
3,459,791
3,460,775
$3,460,774
$3,153,766
i
'•^tai
Balance, eurplus
ther Items
ins Jan. 1
$3,459,791
Balance Deo. 31
lease and the result to the Southfor the years ending December 31,
f687, 1888 and 1889, were as follows:
1889.
1888.
1887.
^amtnes, BBS., Steamers, Ac. $13,619,207 $15,838,833 $15,530,215
379,833
6,030
^ther Items....
The operations under the
em Pacific Company, lessee,
Total
taxes, rental, &c..
Interest on funded debt
Sinking fund requirements
IJ. B. requirement
Betterments and additions
-
—
UlscellaneouB
$13,679,207 $15,844,863 $15,910,048
$9,969,511 $10,364,840
$7,850,564
3,431,584
3,438,323
3,749,893
275,000
275,000
275,000
458,242
467,217
436,137
344,964
562,606
220,879
169,375
$12,532,474 $14,882,532 $14,874,630
Total
$1,086,733
113,267
J?et profit for year
'3Balance to make up rental
Rental payable by Bo. Pao.
Chicago St Louis & Pittsbnrg Railroad.
fFor the year ending December 31, 1889.^
The annual report shows that the freight earnings exhibited
a satisfactory increase in 1889, amounting to $444,.^11, equal to
18-18 per cent. The increased earnings resulted both from additional tonnage and from better rates, the average rate in
1889 having been 602 mills, against 5-8 mills per ton per mile
in 1888. The total tonnage was 3,687,714 tons, against 3,343,255 tons in 1888, an increase of 345,459 tons, or 10-34 per cent.
The additional tonnage carried consisted chiefly of grain, hay,
cotton, fruits and vegetables and other agricultural products
live stock, wool
coke, stone and other products of mines and
quajTies steel rails, castings and machinery, bar and sheet
metal, agricultural implements and miscellaneous articles,
amounting to 667,896 tons, offset by a decrease in flour, coal,
naval stores, cement and brick, household goods and furniture
and merchandise, amounting to 322,437 tons, the difference
being, as already stated, a net increase of 345,459 tons.
While the gross earnings increased 10-77 per cent, the expenses increased only $226,978, or 5-07 per cent, and the ratio
of expenses to earnings was thus reduced from 83'38 per cent
in 1888 to 79-08 per centin 1889. This was accomplished in the
;
above applic. when used for
the payment of debt and not ^
.Jxpenses,
^;
Vol. tt
Co..
$962,831
397,170
$1,0.35.418
$1,200,000
$1,360,000
$1,360,000
Bnrlington Cedar Rapids
& Northern
324,582
Bailiray.
("For the year ending December 31, 1889,
The annual report shows that the year 1889 was a fairly
prosperous year for this company. The earnings exceeded
those of 1888, but still do not equal those of former years.
They were sufficient, however, to pay promptly the interest
on the bonds and to-continue the gradual improvement in the
property by replacing wooden bridge structures vrith stone,
replacing worn iron rails with steel and ballasting of track.
Under the classification of railways, as made by the Rail*way Commissioners of Iowa, this company was allowed to
charge class " C" rates, which were made the maximum rates
for the road, but were reduced where it was thought best to
meet competition. This enabled it to maintain the rate of
earnings per ton per mile on local business in Iowa and
while the earnings on local business were less than for 1888
the loss on one item, of coal, caused by the mild winter, was
three times as much as the difference in earnings for the tveo
years. As the earnings for 1889 exceeded |3,000 per mile on
the road in Iowa, the Commissioners promptly reduced the
rates to class " B," which are now the maximum rates on
This is a reduction of 15 per cent, and will necesthis road.
earily reduce the rate per ton per mile, and consequently the
earnings on local business.
The report says : "The recent ruinous reductions in rates
have, under the restrictions of the Inter-State Commerce law,
entirely destroyed any profits in the through business carried
over your road, and our income must hereafter be expected
•from the business to and from the stations on our own line.
Our statistics show that we are getting our fair share of the
business at competitive points, and our revenues and consequent prosperity or depression will be largely contingent on
the crops in the section of coimtry- through which our road
;
face of the fact that the expenses of conducting transportation
were increased by the necessity for holding back and rehandling a large number of cars destined to points on the lines east
of Columbus and Pittsburg, which, owing to the disastrous
June floods and other causes, were unable for a time to
promptly handle this
traflic.
The amount of outstanding general mortgage 5 per cent
bonds was increased during the year by the issue of §1,350,000
to reimbuse the company's treasury for expenditures made to
that extent for account of additional construction and equipsment since the organization of the company April 2, 1883.
Regarding the consolidation of this road, including its line
between Richmond and Cincinnati, witli the Pittsburg Cincinnati
St. Louis Railway and the Jeffersonville Madison
Indianapolis Railroad. The matter has been under discussion
for some time past between a committee of this company and
committees representing the other lines, and it is believed that
a basis has been reached upon which such consolidation can be
fairly and equitably made. As soon as the agreement of consolidation is prepared, it will be submitted for the action of
stockholders at a special meeting to be called for that purpose.
Operations, earnings, &c., have been compiled for the
Chbonicle as follows
OPERATIONS AND FISCAL RESULTS.
&
&
1886.
Miles of r'd operated
—
1887.
1888.
1889.
635
635
635
636
Ojicratiojis
1,231,240
1,182.099
1,298,996
Passengers carried..
1,085,448
Passenger mileage.
44,970,677 48,656,532 63,683,328 56,787,836
2-29 cts.
2-38 cts.
2-02 ct8.
2-30 cts.
Bate p. pass. p. mile.
3,342,255
3,687,714
3,546,260
Fr'ght (tons) carried
3,075,385
Fr'ght (t'ns) mileage 587,723,362 683,672,526 628,299,129 666,083,371
0-62 cts.
0-63 cts.
0-58 cts.
0-59 cts.
At. rate p. ton p.m..
Earnings—
$
$
$
„ * «
1,326,909
1,157,822
1,289,469
P.ossenger
1,036,165
,
4,109,445
3,664,924
Freight.
3,448,447
4,314,564
414,794
417,242
513,717
357,704
Mail, express,&o
;
losses."
Statistics of earnings, charges, &c., for four years, compiled
for the Chronicle, are as follows
-.
Mail, express, &c...
FISCAL EESCLTg.
1886.
1887.
1,046
1,039
$
$
662,485
692,129
2,141,646
2,174,174
139,659
129,178
707,379
1,984,535
156,162
707,127
2,122,374
157,042
Tot. groBB eam'gs.
Oi>. exp. and taxes.
2.933,309
2,132,404
3,005,962
2,225,906
2,848,076
2,076,629
2,986,543
2,177,934
800,905
72-69
780,056
74-04
771,447
808,609
72-92
Jllles "operated
JSantiiigs—
Passenger
Freight
"Set earnings.
P.c.op.ex. to
. .
..Sfc..
eam'gs
1888.
1,046
1889.
1,046
$
72-91
INCOME ACCOrNT
1886.
$
JttccipUt—
800,905
63,252
Other receipts
1887.
1888.
$
780,057
95,789
1889.
771,447
61,282
$
808.609
96,303
Total income
Disbursements
Interest on debt
'Con8t'n,improTem't,
equipment, &o
864,157
875,846
832,729
004,917
749,898
767,127
771,130
771,130
140,067
247,669
154,128
Tot. dlsbursem'ts
806,823
1,018,799
def.31,348 lef.186,070
925,238
—
Balance
56,925
Bur.57,334
907,194
def.20,341
Net earnings
P.c.ofop.ex.to earns.
4,842,316
3,966,301
5,887,180
4,311,165
5,371,645
4,478,686
5,950,071
4,705,605
876,015
Total gross earns.
Op. exps. and taxes.
1,576,015
73-33
892,959
83-38
1.244,466
81-91
7908
INCOME ACCOCKT.
1887.
1886.
Disburstmettts
—
Bentals paid
Int., &c.,
1888.
1889.
$
$
$
876,015
1,576,016
892,959
1,244,466
21,224
1,074,121
95,789
21,918
1,068,775
145,324
24,000
1,080,125
5,218
1,111,731
2,713
$
Net earnings
on debt...
Miscellaneous
Total disb'rsments
Balance
1,236,017
1,1S1,134
df.315,119 8Ur.339,999
24,000
1,138,444
1,109,343
dt.216,384 sur.106,022
GENERAL INVESTMEI^rT NE^f/S.
C—
The
Boston & Maine— Eastern—Portsmonlh G. F. &
consolidation of those three roads has been voted by a large
majority of the stock of each company, upon the terms heretofore published.
Called BoudSk The following bonds have been called for
—
payment:
—
BOONEVTLLE BRIDGE. First mortgage 7s of 1873, due 5£ayl,
1906, to be paid on presentation at office of Union Trust Company, interest ceasing July 7, 1890, twenty-six bonds of |1,000
each, viz.:
Nob. 72, 102, 186, 178. 301, 307, 312, 317. 352, 421. 423, 432, 443,
478, 494, 502, 530, 532, 557, 603, 649, 656, 827, 903. 920. 948.
City of
New Orleans. — Premium bonds, fifty -eighth draw-
ing, viz.
Nos. 334, 477, 656. 1154, 1590, 1663, 1775, 196G. 2181. 2322, 2443,
2738, 2787, 2927, 3043, 4247, 4264, 4448, 4473, 47S2, 5058, 5597,
5741. 6072, 6314, 6681.
The other numbers drawn were held by the city.
SuNBURY Hazleton & Wilkesbarre. 1st mortgage bonds,
series A, dated 1878, due May 1, 1938, to be paid at par and
accrued interest on June 4, 1890, at office of Fidelity Insur-
—
&
Safe Deposit Co., 325 Chestnut St., Philadelphia,
ance, Trust
5 bonds of §100 each, viz.
NOi?.
1245, 1460, 1541, 2022, 2073.
6 bonds of $500 each, viz.:
Nob. 618, 621, 643, 695, 757, 899.
Hay
THE CHRONICLE.
17, 18U0.J
70$
Bichmond Terminal. —It was
S bonds of $1,000 each, viz.:
Kos. 256, 348, 354, 448. 525.
reported that negotiatioas
control of the Baltimore
Ohio RailTarkio Valley RR.— Nodaway Vallby RR.— l»t mort- road, but nothing lia-s been accomplished. The circular of
" It is an
Co. said on the 10th
gage 7 per cent bonds, dated 1880, due June 1, 1920, to be paid Messrs. Hambleton
at par and accrued interest on June 2. 1890, at 50 State St., open secret that an effort is being made to form a syndicate
for the purpose of purchasing the stock of the B.
O. ComBoston. Tarkio Valley RR., 11 bonds of $1,000 each:
pany held by the State, Baltimore city and the Johns Hopkins
Noe. 3, 37, 118, 134, 137, 155, 183, 267, 893, 407, 428.
University. The State holds $550,(X)0 B.
O. Washington
Nodaway Valley RR., 10 bonds of $1,000 each:
Branch and $96!),615 B.
O. first preferred stock.
BaltiM06. 36, 66, 130, 271, 276, 278, 294, 313, 365, 377.
more city holds $3,2150,000 B.
O. common stock, and
Hudson the Johns Hopkins University $1,500,000 B.
The Delaware
Delaware & Hudson— Rutland.—
O. common.
will lease the Rutland Road from Dec. 80, 1890, at which dat<'
have advocated and still advocate the sale of the State
Vermont will expire. The D. & H. and city's interest in the B.
the lease with the Central
O. company for two reasons :
agrees to pay annually the Rutland fixed charges, amounting First, IJecause it w.i9 never intjnded that the State and cHy
further should hold B. & O. stock as an investment, and we think the
and $5,000 for organization exjienses.
to $165,000,
amount to the extent of $170,000, if earned, will be paid to stock should be sold and an equivalent amount of the State
the Rutland Co., and any surplus beyond this will be e<iually and city's obligations liquidated. Secondly, because the operH. owns $3,000,- ations of the B.
divided between the two companies. The D.
O. Company are hampered by so large a
000 out of the total issue of $4,200,000 Rutland preferred proportion of the capital stock of the company being held as
stock, and $1,000,000 of the $3,480,600 common stock. The if it were dead." » • • " The .State's Washington Branch
Rutljuid Co. will execute a 30-year 4 per cent consolidated •took pays 10 per cent. It should sell on a 4 per cent basis at
mortgage for $5,000,000, the principal and interest to be guar- 250. The first preferred is a 6 per cent stock, free from taxes,
anteed Dy the Delaware & Hudson. The bonds under this and should bring 135, and B.
O. common should fetch 100."
mortgage will be used to pay off the present mortgages for
St. Lonig Arkansas ft Texas. The gross earnings of this
$3,000,000, which mature in 1898 and 1902, and the remainder
will be issued as required for extensions, acquisition of real road continue to sIk>w a gain, but the amount of money pi|t
The Rutland into improvements and charged to expenses is so large tnat
estate, improvements and new rolling stock.
alliance will open up new markets for coal for the Delaware net earnings present a deficit. After the road is in thjroughly
good condition from the expenditure of this money, and also
Hudson Company.
that raised under the reorganization plan, the earnings will be
Delaware Lackawanna & Wegtera-New Tort l.aeka-^ applicable to the bonds and stock. 'The following table shows
wanna & Western. The Delaware Lackawanna Western the gross an.d net earo'ngs and the expenses in detail for
will put upon ite leased line, the New York Lackawanna & March and the tluree months, aQd the amount gone into "mainWestern, a 4 per cent mortgage of $.>,000,000, ino rder to re- tenance of way" and "motive jwwer" in 1890 accounts for tjie
imburse the parent company^ for expenditures in terminals decreased net earnings:
and other improvements. The bonds will not now be sold,
^
Uarch.
Three MonlliM -^
W. treasury.
189«».
1889.
but held in the D. L.
1889.
1890.
^241,167 $266,334 $736,554 $928,»13
Gross e^rnlags
were pendinx
fur
&
tlie
&
:
A
&
&
&
&
We
&
&
A
&
&
&
—
&
—
&
.
&
East Tennessee Virginia & Georgia— KempbU ft CharIn the suit of W. H. Hood and others, minority stock-
leston.
—
holders in the Memphis & Cliarlestot Railroad, against the
East Tennessee Company, a decision has been rendered by
The plaintiffs claimed that
Cliancellor Estes, at Memphis.
C. stock acquired by the East Tennessee,
8,361 shares of M.
and giving them (with other stock owned) the control, was illegally obtained, and asked for restitution; also that the East
Tennessee, for its own advantage, was oppressively exercising
its power to the detriment of the M.
C. The findings of the
court were against the plaintiffs, except as to the proportion of
the expenses of the New York oUice (some $30,000 annually),
requiring in this matter the E^t Tennessee to cliarge the
C. for the last three years with one-quarter instead of
M.
one-third of these expenses.
&
&
&
Uoastoi ft Texas Central.—Judge O'Brien of the Supreme
Court has given a decision in favor of Gernsheim & Co. in a
suit against the Central Trust Company, the Houston & Texas
Railroad Company, CoUis P. Huntington, and others. The
suit grew out of the reorganization scheme of the Houston
& Texas Central. The assessment on the old stockthe
and
73
per
cent,
placed
at
second
plaintilfs claimed that this was
too high.
trial on an amended complaint was allowed, and on this trial
the judge has ordered a new examination by the Central
Trust Company to determine that all items of floating debt
are properly brought in, as the large assessment on the old
Stock was laid to pay off such debt.
The new investigation will be made according to the Court's
orders, though the best informed parties say that there is no
prospect of any different outcome, or any smaller assessment,
holders
was
A
than before.
International
& Great Northern. — A meeting
of the hold
by the Fanners' Loan & Trust Company on deposit of second mortgage Ixjuds will be hel,d at the
office of the Trust Company, New York, on Monday, May 19,
at 12 o'clock, under the iirovisions of the Bondholders' Agreement, dated Apr'.l 1 1889. There have been deposited about
It is understood
$6,250,001) of the whole issue of $7,054,000.
that a proposition will be submitted at the meeting.
ers of certificates issued
—
Jack<^onville Southeastern Jacksonville Loiiisrille &
St. Louis. The Jacksonville Southeastern Railroad was wAd
under foreclosure sale at Salem, 111 on the 11th inst. Tiio
d:.
road will Ijo reorjj.iuizoJ. aj tUo Jacksonville Ljuisvillo
Ljuis with .$1,50^.000 capital stock and S1.CS0,000 firji uiortgage 5 pt-^r cent fifty year bonds. Tlie sale was made subject
to the finst mort<?age of 8300,00).
—
.
&
Lake >horc & Mirhi:;an Southern— Caiinda & St. L'liiis.—
The Cinal-i & St. Louis Railroad, extending froTi Gasnon,
Ind.. to Sturgi», Mich., with a sliort extension north of Stjrhas passed into the hands of the Lake Shore Coaipany.
gis,
—
& Ti^xas. The principal of the 7 par cenj
mortgage consolidated bonds of this company will be
I>aid, with interest, on the GtU day of June. 1890, on presentation at the Central Trust Comijany, No. 54 Wall Street.
Mis^onri K>tas:is
first
—
Postal Tclegr.ipli. The Postal Telegraph Cable Company
has filed in the office of tUe Secretary of State a certificate of
increase of capital stock
—
from $5,000,000
to $10,000,000.
Railroad Buildinsr. The Raihoay Age reports tliat for four
months from January 1 to April 30 there were over 1,100
miles of new road constructed in the United States.
.
Exnensea -
Conduptin!? transportation f73.291
54,108
Motlv-t iKjwcr
63,768
Maiuteiiance of way
9,790
Maiutcnaupc of cari
General expenses
17,033
$278,131
Total
Net or
dettcit
»90,175
72,511
114,584
22,669
17,879
net.$23,035
$240,346
182.832
221,794
52,277
53,022
$284..389
2.33,151
418.727
«S,976
56,783
$317,820 $750,272 $1,056,976
$51,486 net.$$6,281 dn28,4ei
dt.
St. <Lonls Iron Mountain ft Soathern.— This company
issues a circular under date of May 14, 1890, to the holders of
the
first
mortgage railroad and sinking fund land grant bonds
& Fulton RR. Co., as follows:
of the Cairo
On the first of January, 1891, the first mortga)i;e bond« of the Catio
& Fulton RR. Co. will become due. There are at present outstanding
$7,047,000 of these bonds, and $191,695 of first oreferred incoavs
bonds. LsKUod by the St. Louis Iron Mountain ii Soutuern Railway Co.
for defeired Interest coupous of first mort?a?e bonds of th'? Cairo
& Fulton RR. Co., which income bonds mature January Ist. 1891.
To retire the above bonds, it is jiroposed to issue a like amount of
Keneral consolidated railway and laud grant mortgage bonds of the 8t.
Louis Iron Mountain & Southern Railway Co., bearing 5 per ceat
Interest, which bonis have forty years to run, i. c, until April 1st,
1931.
By the retirement of the Cairo & Fulton first mortgage and tUe
income bonds, the consolidated mortgage five per cent bouds become a
first lien on all of this eomp:iuy'3 roadljin,' in the State of Ararjuw
<7S7 miles), and all unsold lands, amounting December 31st, 1889, to
833,870 acres. This company holds notes given by purchasers of lauds
In Arkansas, amounling to $055,392 !)7 (December 31st, 1889), the
proceeds of which go to the Trustees of the general consolidated mortg.ige bonds when all of the Cairo & Fulton first mortvag." l)on<U aro
retired. The ditt'ereuco In interest makes a saving to the company or
$1 14,773 70 per annum.
Holders of Cairo & Fulton bonds can make the exchange for thegeneral consolidated railway and land grant bonds at the .Mercantile Trust
Co. of New York, on and after July 1 st, 1 890.
The interest will be adjusted t January 1st, 1891, at the r.itea of tbe
old and new b nds respectively, so that the exchange can be ma^e at
any time desired. The eompauy reserves the right to reailjust the oui*
of exchange after August 1st. 1890.
,
, .
Tlie$i,iiOJ,o:)0 first mortgage bonds of the St. Louis & Iron Mountain RR. Co. uiaturin i August 1st, 1892, and which cover the Immeijsely
valuable t<M-miuals in St. Loui^and the main line from St. LouU to
Belmont, in the State of .Missouri, 20O miles io length, will bo
exchanged In a similar manner at maturity. All the remaining seven
per cent bonds of this company mature between January Ist, 1891,
and June 1st, 1S97, and then the general consolidated railway and laud
griint five per couc bonds wUl be the first and only mortgage on the
entire pronerty. and the saving 1q Interest to the company will be
A. H. Calef. Treasurer.
$426,838 p.;i- annum.
)
,
St. L^nis ft San Francisco.— At the annual meeting of
stockholders ia St. Louis this week the following directors
wjio electci: Goorgo CoppoU, Isaac E. Gates. Walter L. Frost,
Brvce Gray, Collis V. Huntington, Henry K.
"Morrill, Horace Porter, Jesse Seligman.
Russell Sago, Henry Seligman and Edward F. Winslow. All
wj"e membazs of the old board except H. K. SIcHar^. H. L.
Morrill aul Ilourv Seligman, who take the places of Wm. F.
The directors have
Bu?'.jlev. Joha O'Dav and John Paton.
L^ued "(May 10) a call for a meeting of stockholders within
sixty days to authorize an increase of the capital stock
of the company by $10,000,000. Under the laws of Missouri
theb:nds of th^ company cannot e'^cecd the capital stock,
and they are each about 530.000,000, so that no more bonds
can be put out unless an equal quantity of stock is issued. The
issue of tho st^ck will bo formal. ai it will bo retained in Uie
company's tieajury. The money from the bonds i? to provide
for any extensions that may bi- needed, the purj'iase of any
new road or necessary improvements, and tne settlement of
Gjor-o
J. G.)uUl,
McHarg.
H>,-nr,- L.
floating debt, etc.
49~Far •ibcr KRilroad Nevrs see Pasea
70li
and 707.
bTHE (JHEONICLF.
704
LOUISA SAN FRANCISCO RAILWAYCO.
THIRTEENTH ANNUAL KEPORT-YEAE ENDING DEC.
31, 1889.
President's Office,
New
York, March
)
15, 1890. f
ber of miles of road operated increased 1'06 per cent, the
total operating cost decreased 2'70 per cent, and the grow
earnings increased 4'84 per cent, while the net earnings increased 15'33 per cent. The cost of service per train mile decreased 3'33 per cent and per road mile 3-73 per cent. The
earnings per train mile increased 4'37 per cent and per road
mile 3'74 per cent, as compared with the previous year.
The freight tonnage hauled shows:
To the Stocklioldera
The following figures, taken from the various tables and Westward, tons
statements accompanying this report, present a summary of Eastward, tons
the results of the business of the
ending December
31, 1889
Company durmg
U
Report of the General Manager.
The General Manager's report shows that the average nuin-
Mtpovts nn& documents.
'8T.
Vol..
1889.
1888.
1887.
829,432
700,796
840,555
607,048
918,575
579,266
1,530.228
1,447,603
1,497,841
the year
Total, tons
:
f 6,052,950 68
The average rate received per ton per mile was 1 '33 cents,
an increase for the year of tnree-tenths of one mill, or of 3
¥2,788,267 50
per cent on the previous rate.
The tonnage of grain and its products increased 40 per
cent; the tonnage of iron ore and pig iron, 18 per cent; and
the tonnage of merchandise, coal and other miscellaneous
articles, from 8 to 5 per cent above previous year; while that
of live stock was 6 per cent below the tonnage of that year.
The total tonnage increased 82,625 tons. East-bound tonnage
increased 93,748 tons; west-bound tonnage decreased 11,123
The excess of west-bound ton mileage was 34 per cent.
tons.
The number of passengers carried was:
cross earnin^tslroiu traffic
OperaUng and general expenses
j,J 6 4,bad 18
$165,534 57
30,462 75
toproVemintsV.
Net earnings from
195,997 32
-•
-,„««
$2,592,270 18
J.!,b04 Z7
traffic.
Other income
$2,624,874 45
Vfit. revenue from all sources.
2,354,342 06
interest on bonds, sink, funds, rentals and othfer interest.
$270,532 39
547,50000
Dividends........
$276,967 61
Deficit
'
1889.
Westward
In the spring of last year negotiations were begun with the
Pacific Company, with a view to having that Com'Atlantic
pany sell and convey for our benefit and account, certain
elected lands in Arizona and New Mexico, at the price of
'seventy-five cents per acre, to the extent necessary to settle
and pay, with interest, that Company's notes held by us,
issued for cash advances from time to time made to it by the
Atchison and San Francisco companies, and used in payment
Pacific Western Division mortof interest on the Atlantic
gage bonds, the proceeds of sales of those lands being appUca-
&
&
ble to that purpose.
^.
_
,
,
^^
,
The importance of this matter required care and caused dewere only recently made. The Atlantic
"The deeds
lay.
Pacific Railroad Company has sold and conveved for our account 1,103,038 acies of said lands, in satisfaction of our
claims upon it as above to the extent of $837,378 47, of which
amount $631,858 12 will be for credit of our income account.
Of the amount last stated, $603,802 88 represents the principal
and the interest thereon of those advances to the Atlantic &
Pacific Company, on the part of the Atchison Company, the
notes for which were transferred and paid to our Company
imder existing agreements, and $19,055 84 is for the accrued
interest on our own advances for the same purpose.
Since January, 1887, we have received (to September 30,
1889 ) from the Atchison Company, in addition to the aforesaid
amount of $603,803 88 in notes, the sum of $227,869 17 in cash,
and it is estimated that after the present year our Company
will receive from the Atchison Company (under said agreePacific notes, payable from
ments) in cash and in Atlantic
land sales, as much in amount as we are likely to be called
Pacific Company
upon to pay for account of the Atlantic
Ainder our various agreements with it.
during the year.
There was no increase of road mileage
The following are the changes in our bonded indebtedness.
the aggregate.
There is an increase of $27,000
.
&
514,925
518,000
435,659
424,044
1,189,119
1,032,925
859,703
acquisition of the branch lines during
the year 1887 and the first quarter of the year 1888 added
about 40 per cent to the total mileage of the company. This
mileage was created in & large and sparsely-settled territory,
not only to build up the country and secure local traffic to be
tributary to our main line, but to obtain through and better
connections by different routes to many prominent points
Southwest and Northwest. The operation of these roads thus
far, taken by themselves, has been unprofitable; but with
continued fair crops and the settlement of the country, it is
fair to assume they will contribute largely to the revenue of
our other lines as well as show better results in their own
earnings. During the year the train service has been kept at
the lowest limit in order to save expense. The average freight
rate received was only three tenths of one mill per ton per
mile higher than in the previous year, notwithstanding the
company's participation in the rules, rates, expenses, etc., of
While the operations of the Interfive traffic associations.
State Act have in some localities equalized the rates, they
have also almost invariably reduced the rates previously existing; and without some legalized method of securing to
each road at competitive stations its proper and agreed division of tonnage, continued clashing and cutting of rates cannot be avoided.
ROAD OWNED AND OPERATED.
There were added during the year 7'64 miles of new sidings.
The road mileage owned and leased is located in States and
Territories as follows:
Main
&
&
Kansas* Southwestern RR.
Co.'s First Mortthe rate of $15,000 per mile on an
of the line of that company, completed in
extension
1888, from Bluff City to Anthony, Kansas.
gage
68, Issued at
TIFfWF ASE
$10,000 of San Francisco Co.,Flrst Mortgage 6s ("Missouri & Western")
paid and canceled.
11,000 of San Francisco Co., First Mortgage Trust 6s of 1880, paid
and canceled.
64,000 of San Francisco
Co.,
Equipment 78
of
1880, paid and
canceled.
46,000 of San Francisco Co., Equipment 68 of 1884, paid and
canceled.
$131,000 Total decrease.
The average rate of interest upon the bonds having a Uen on
our own roads and those controlled by lease or otherwise, is
five and one-half per cent.
There has been no change in the amount of Capital Stock.
table following shows in the aggregate, and per mile,
the Capital Stock outstanding, the Bonded Debt, and the
Annual Interest Charge per mile.
The harvests last year in the regions traversed by our lines
were abundant, but the movement of grain was less than
expected, because of the prevailing low prices. It is now
A
coming forward more freely.
The report of the General Manager, and the
tables and
full details of the
statements herewith submitted, furnish
operations and business of the company during the period
covered by this repert, together with a comparison of these
results with those of former years.
Respectfully submitted,
EDWARD
F.
WINSLOW,
President,
Miles
90-99
I.
T
57-34
161-19
16-81
144-33
24 11
1,329-47
Total
is
Sii3ing$.
43637
InKansas
InArkansas
InTexas
In Choctaw Nation,
The
of St. Louis
Track.
Miles.
570-77
InMissouri
m
8158 ' 000
1887.'
1888.
589,886
599,233
-.
As above shown, the net revenues for the year, remaining Eastward
the
after payment of fixed charges, were $276,967 61 less than
Totalcarried
amoimt of dividends declared. The deficit was made up from
The construction and
the surplus earnings of former years.
location of the several roads
as follows
and extensions, in
4-02
1210
18856
detail,
:
Main
326-28
217-40
303-07
38-79
34-86
3-18
9-32
1-50
3-25
8-81
46-43
33-29
18-34
Oranby Branch, Mo
Carbon Branch, Kan
Pittsburg, Kan., to Wicr City, Kan
Grrard, Kan., to Galena, Kan
Fayetteville, Ark., to St. Paul,
Ark
Jensen, Ark., to Mausfleld, Ark
Total
owned by
this
Company
Leased Lines.
Cuba Junction to Salem, Mo
Track.
Miles.
Location.
St. Louis, Mo., to Seneca, Mo
Pierce City, Mo., to Wichita, Kan
Monett, Mo., to Paris. Tex
Sprlngflclil, Mo., to Bolivar, Mo
SprmgflcUl. Mo., to Chadwick, Mo
SpringfleUl Councetins Railway
Oronogo. Mo., to Joplln, Mo
1,044-52
Sidings.
Miles.
67-09
23-10
32-72
2-87
3-67
0-64
1-59
0-34
4-92
4-50
14-54
3-14
601
166-04
40-50
5-25
SUgo Branch
5-50
Plank Branch^
Smith Branch
,....,„.,..i, ,,2-75
Total Salem Branch...:.. .....^.....
Beaumont, Kan., to Cale, Kan..i.
Cale Junction to Anthony, Kan
Hunnewell Branch, Kan
Wichita to EUsworth, Kan
54-00
61-86
59-35
2-54
3-9o
5-49
5-66
019
10720
8-23
1,32947
leased
A. & P.. Central Division, Seneca, Mo., to
111-77
Sapulpa, I. T.. (operated only)
188-56
Total
owned and
Total miles operated
1,441-24
8-51
197-07
The running of this Company's trains over the Santa Fe
Railroad, between Wichita and Halstead, was discontinued in
October the contract for such use having been terminated in
order that the California connections might be made by way
of the Kansas Midland, at Burrton, 33 miles from Wichita.
;
Mat
TrilE
17, 1890.]
CimdNICLR
There was exi)ended during the year, in completing the
additional buildings, new machinery, etc., for the Springfield
Tlie enlarged and greatly improved condishops, $63,370 90.
tion of these shop buildings, machinery, tracks, etc., now
enables tlie Company to maintain its locomotives and cars in
good condition with more economy.
number of
miles of track ballasted with stone or gravel has
been increased 191 miles, or 75-5 per cent. The numl)er of
miles of track fenced on both sides increased 886 miles, or
111*6 per cent.
New timber was added to the bridges, etc.,
reducing the average age of timber in use fti6m B-SS years to
2-36 years.
ROLLING STOCK.
NEW IMPROVEMENTS.
important item was the replacing of the old wooden and
combination bridges between Pierce City and Seneca with
An
masonry and heavy
705
iron bridges, as follows
Five 104 foot Iron trims spang.
Four
54 foot deck plate Klrders,
54 foot through plato (tirders.
Two
Four
52 foot tliniuifh phitc Klrders,
Twelve 42 foot through plate girders,
:
The equipment
at the close of the year consisted of:
Locomotives
„
170 Cabooses
Passenger Cars
49 Boarding Cars
PMiengcr and Baggage Cars
7 Box Care
Passenger iuid Mail Curs
11 Stock Cars
I.:.'..'.
Passenger, Mall and Baggage..
7 Oondola Cars
Postal CarH
6 Refrigerator Can
Baggage Oars
24 Flat Cars
Exi)rc8» Cars
3 LowFlatCarg
Chair Cars
6 Short Mining Caw
DlnlngCars
1 Tank Cars
Pullman Bleepers, >9 Interest
8 Wrecking Cars
OfHclalCars
2 Pile Driver Car
a total of 1,556 lineal feet.
Eleven new masonry piers were built, and eighteen abutments repaired and raised above high water mark. This, and
like work done on the Atlantic dfePacific Railroad, west of
Seneca, makes all our bridges capable of carrying the heaviest
91
•
.
4
2,284
1,023
1,629
80
24
15
60
8
3
.
Par Car
1
.:..,
BsUastCars
1
-.^—.t.
1^
One hundred ballast cars and 300 box cars were purchased
Four miles of additional new side track.s and added to the equipment during the year. The gop<l conwere built. Thirty-one miles of additional newly ballasted dition of the equipment has been maintained and greatly imFifty-six miles of additional new fencing, and 4,500 proved during tne year, and all necessary repairs made at out
track.
cubic yards of stone iiprap were added. The cost of all the own shops.
No construction of new branches or extensions has been
above work, including the now iron bridges, was charged to
class of locomotives.
Construction Account.
The track is laid with steel and iron rails of weights as
follows
133-99 miles.
With steel, *7 lbs. to the yard
"
154-21
60
"
"
"
"
"
580-92
"
56
"
"
"
"
350-51
52 "
'
Total laid With steel
Total laid with 56 lb. Iron
1,219-63
109-84
:
Total Main Track
"
1,329-47
During the four years ending December 31, 1889, the physical condition of the property was improved as follows: The
St.
Louis
&
made
or imdertaken during the year.
LANDS AND TOWN LOTS.
There were sold during the year 1889 9,2.56-59 acres of land
owned by the Company, for the sum of $23,727 06, and thirty-
The number of acres reverting
cancellation of sales was 3,819-34, and the
contract valuation was $14,502 24. The royalties received on
mineral lands leased by the Company were $6,092 76. The
land statements herewith show the quantity of lands remaining on hand unsold, the estimated value of same, the value of
Outstanding contracts, and the cash balance, all amounting to
the sum of $545,528 46.
seven town
Tots
for $1,270.
Company by
to the
3an Francisco Railway Company Income Account Fob the Year Ending Dec.
To Operating and General Expenses
To Improvements
To Taxes
To Interest on Bonds
To Interest on Bonds (as Rentals)
$3,264,683 18
30,462 75
165,534 57
81, 1889.
By Gross Earnings
$6,092,950 68
By Other Income (Interest and Dividends on Miscellane32,604 27
276,967 61
ous Assets)
By Biilance
$1,775,013 65
232,940 00
$6,362,522 56
To
To
To
To
Total on Bonds
Slnklne Funds.
Other Rentals
Other Interpst and Discount
Dividends on Stock :—
2,007,953
146,720
148,358
51,309
65
00
57
84
On
First I'refcrred, one of S^a per cent and one of 2 per
cent, Nos. 18 and 19
$247,500 00
I'refcrred, three of 1 per cent each,
On
Nos. 4, 5 and 6
300,000 00
547,500 00
$6,362,522 56
To Balance
$276,967 61
Table showing Mileage, Gross Earnings, Expenses, Improvements and Taxes, Net Revenue, Percentage of Expenses and
Gross and Net Revenue per Mile of Railway, for Years as under.
Average
Teart.
Mileage.
1877
1878
1879
1880
ill
327
397
546
624
677
734
786
815
878
1881
1882
1883
1884
1885
1886
1887
1888
1889
1
1,095
1,315
1,329
Expenses,
Improvetnenls
Orosa
Earnings.
70
2.698.370 67
3,160,523 25
3,572,240 92
1,672,4.37
3,89«,.^>65
17
05
03
80
56
99
68
Percentage
of
Expenses.
Percentage
of Expense*,
ImproDein'ts
and
$650,371 20
553,517 03
836,949 61
1,373,242 16
1,578,466 13
$673,572 56
648,134 60
835,488 09
1,325,128 51
1,582,057 12
1,591,738 59
1,823,128 82
2,135,:<78 37
1,949,744 99
2,222,'296 22
2,981,866 90
3,663,810 74
3,460,680 50
$1,323,943 76
1,201,651 63
4,643,596
4,383,406
4,874,627
6,229,344
5,773,250
6,052,950
net
Earnings.
and Taxes.
1,980,502
2,073,436
2,508,217
2,433,661
2,652,331
33
35
3,-i47,477
66
68
04
58
2,109,440 25
2,592,270 18
44-17
47-89
43-28
43-12
42-25
39-77
40-86
42-07
41-28
42-03
42-83
58-12
53-94
Taxes.
50-88
53-93
49-98
49-13
50-06
44-56
46-79
45-99
44-48
45-.i9
47-87
63-46
57-17
Per rnu.
Oro«»
Earnings.
Xet
Earnings.
$4,048 76
3,674 78
4,218 00
$1,988
1,692
2,110
2,514
2,527
2,926
2,823
i'SiJif
5,061 61
5,279 07
5,306 35
5,906 15
5,379 24
5,554 50
5,688 89
4,390 30
4,554 51
90
71
84
52
93
79
08
3,19018
2,986 55
3,022 26
2,965 73
1,60410
1,950 54
The following Table shows the Mileage of the Roads owned or leased by this Company, as of January 1st, each year,
respectively; the amount of its Capital Stock outstanding on such dates, and the amount per mile thereof; the amoimt of
Bonded Indebtedness on the then mileage, and of that per mile; also, the Annual Interest Charge per mile, based on the figures
given.
Annual
Capital StoOe.
Tears.
Tnteretl
Miles.
Amount.
January
"
"
"
"
"
"
"
"
"
"
"
Ist,
1878
1879
1880
1881
1882
1883
1S84
1885
1886
1887
1888
1889
1890
293
293
558
635
661
725
776
815
815
930
1,319
1,329
1,329
PerMiU.
Ainmtnt.
$12,861,000
12,811.000
13,911,000
17,900,000
18,650,000
20,364,000
22,102,000
23,893,000
$21,281,000
21,292,100
22,063,000
23,878,400
23,878,400
24,448,200
24,448,200
24,538,200
$72,631
72,669
39,539
37,604
36,124
33.721
31,621
30,108
26,022,.'>00
31,9-29
26,0-26,000
26,100,300
26,113,700
26,359,300
26,359,300
28,065
19,793
19,834
19.834
27,806,000
35,609,000
36,173,300
36,200,500
Per Mile.
$43,894
43,723
24,930
28,189
28,214
28,088
28,481
29,316
31,933
29,898
26,997
27,218
27,239
Per JfiU.
$1,928
1,918
1,218
1,457
1,456
1,551
1,653
1,768
i;924
1,801
1.355
1,505
1,50«5
In Bonded Indebtedness, as above, are included not only the direct obligations of this Company, but also those of other
Companies whose Capital Stocks are nearly all owned by the St. Louis & San Francisco Railway Company, and whose Roads
are ovmed or controlled and operated by it, under purchase or lease.
The rates of interest of the bonds outstanding January 1st, 1890, are as follows:
BS Four per cent on $1,608,000; five per cent on 114,212,000; six per cent on $19,964,500, and seven per cent on $416,000.
THE CHRONICLE
706
Louis
St.
&
San Fbahoisco Railway
Ck)i(FAinr
December 31,1888
66,135,726 41
47,836 71 56,183,563 12
AddlUoQiil during 1889
of Auxiliary Companies UDder TrtiBt Mortgape of 1887— Dec. 31,'88
AddlUonal during 1889.
Boads
$
4,500,000 00
10,000,000 00
15,500,000 00 30,000,000
First preferred.
Preferred
Common
1,561,736 72
32,258 18
30,000 00
Weet.)
57,807,557 97
RBeOCBCBS.
PAS Valbe.
Cash and Cash Aseets
ipue from Station Agent*,
Conductors and other
696,764
Est.
Makket
Value.
Second Mortgage, now first lien)
5,666,500 00
" Missouri & Western" Division, 1st
1,074,000 00
Mortgage Os
Trust (iR of 1880 (first lien)
1,177,000 00
Equipmcnt78 of 1880
416,000 00
„...
Equipment fi» of 1884
211,000 00
First Mortgage Trust 5s of 1887
1,099,000 00
7,727,000 00
General Mortgage 68
General Mortgage 5s
12,303,000 00
4i2
81.
Loui* Wiehila
First
sources
JDue from ether BR. Comp's
157.852 43
139,325 30
993,042 15
flundry RernriHes and other
property pledjsed as security for BUls^i^faple.
1,046,000 00
896,00000
A
Wetlern ITy Co.:—
2,000,000 00 31,673,500
Mortgage 6s
993,942 15
Otueb
478,752 54
100,328 03
21,934 72
For Oirrent Operations
Due other Railroad Companies
Outstanding Pay Checks
Interest on Bonds, past due but not
Cbst of above as standing
on Books
848,629 55
called for
Interest on
154,990 89
2,456,848 00
hand
Bills Receivable
Sundry open accounts, Including that against Atr
lantlc & Pacific KR. Co..
1,527,743 19
Bills
OO
Liabilities.
62,377 00
561,705 00
1,
1890.
29
OO
90,000
OO
1,675
. .
1,215,097
767,209
Bonds due Jan.
OO
Materials and Snpplies on|
Payable
(No. 19) due
February 10, 1890
Scrip OutstandiuK for " B and C" Bonds,
and for Ist I'rcferrcd Stock
Dividends, Ist Preferred
4,139,582 08
4,189,582 08
500,000 OO
141,732 26
Improvement Company
Sundry Open Accounts
Interest on Bonds accrued to Dec. 31,
1889, but not due
Pacific
Atlantic lb Pacific RR. Co.
Capital Stock, Bonds and
29,324,86400
Scrip
Mocks and Bonds of other
Corporations, • Including
those pertaining to Auxiliary or Proprietary Roads 9,815,612 00
213,989
9»
3,511,991
80
Gene&al Incoms Accockt.
Balance at Credit of Account, Dec. 31,
1888
39,140,476 00 1,939,420,00
3,788,959 41
276,967 61
Income account, 1889, debit balance..
Cost of above as standing
on Books
This Company's
"A" Bonds
00
"A" "B" and "C" Bonds, 6g (formerly
1,550347 12
11,389 60
HunneweH Branch
<&
31, 1889.
BOHOED Indebtkdsess :—
. .
l«banen Br. (StL.
Financial Statjeuznt Dkcembeb
Gafttal Btock :-
and Property
JryancliiRea
[Vol. L.
670,367 21
$80000
19316
Less due for Scrip. 606 84
Plnst Mortgage Tr'et (1880)
SiukinB
Fund Balance
(including
$11,000
St.
* Wesfn
6s)
14,223 22
Capital Stoek. (Common) of
this Co. In the Treasury.
14,416 38
3,640,700 00
Louis Wich.
Land Department
14,416 38
3,640,700 00
Assets.
Lands, Town Lots, Contr'cts
for Sale of Lands, &o..
543,528 40
543,528 46
8,526,889 07 68,115.195 34
Lehigh Valley— Henera & Van Fttenvllle.— A press dispatch from Buffalo May 14 said " The directors of the Lehigh
valley Railway, the Buffalo & Geneva Railway, and the
Geneva & Van Ettenville Railway, met In Buffalo to-day and
consolidated the three companies into one, under the corporate
name of the Lehigh Valley Railway Company. This consolidates under one management the line now in operation between Buffalo and Lancaster that to be constructed, on which
work has already been begun, from Lancaster to Geneva, and
the Une from Geneva to Sayre. Penn., making a trackage of
285 miles.
A new Board of Directors was elected. E. P.
Wilber, Pres. of the L. Val. is President of the new company."
Milwaukfe La'-e Shore & Western.— The following is a
statement of earnings and expenses for the quarter ending
March 31
68,11 5,1S5
BOSTON
.t
^Nine
1890.
$2,087,542
1,431,510
1888-9.
Meh 31 .—
1889-90.
$6,541,084
4,369,745
$6,854,05$
4,529,054
205,159
$650,032
223,001
$2,171,339
1,084,182
$2,324,999
1,134,444
$160,420
$433,031
$1,087,157
BOSTON.
$1,190,555
.-Qtiarter end'g itch 31
:
1889.
Gross earnings.
$1,859,143
Operating exp'es
1,493,564
.
Net earnings....
$365,.579
Charges
Surplus
;
3
ALBANY.
NEW YORK PROVIDENCE
.
.t
^Qiiar. end. Mar. 31.-,
•1889.
1890.
mt/is end'g
^6 mos.
end. Mar. 31.—
"1888-9.
1889-90.
Gross earnings
Operating expenses
$315,5<)1
Net earnings
Other income
$118,814 $257,814
23,955
23,955
$182,678
47,910
$559,ffi»
$142,769
34,216
$281,769
117,130
$230,588
70,798
$607,309
288,077
$108,553
$164,639
$159,790
$319,232
$702,488
444,674
196,777
$049,245 $1,48.3,731
466,567
924,332
47,910
:
^Quarter end'g March
31 .-^
1889.
1890.
$020,741
385,977
Gross carningff
Operating expenses
$711,413
497,()08
Neteamings
.$234,764
$213,805
Nashville Chaltanoogn & St. Lonis.— The gross and net
earnings and charges for April and for the ten montlis of the
fiscal year were as follows
—
Operating' cxpiusea.
Net
April.
,
.— 10 Jfo., .rjy 1
1890.
$258,288
$277,144
176,740
1888-89.
$2,753,098
1,014,971
$100,104
$72,095
8,130
$1,138,127
$725,842
49,941
15'j,2S5
$102,003
Interest and taxes.. $72,313
CiiruinL's....
Improvements
Charges
Surplus
*
& Worcester Railroad not included.
NEW LONDON NORTHERN.
In 1888-89 Providence
Qitar end.
Mar.31,'S0.
:
1S89.
Gross earnings
Total
2,»li
'
to
Apl. 30.-,
1889-90.
$2,977,0.''>2
1,791,379
$1,185,673
.$727,291
Earnings
;
camUgs
Charges
$78,538
5,152
$30,517
53,390
Neteamings
Other income
$275,693
197,155
$27,967
2,550
Expenses
Total net
6 nioe.end.
Mar.ai,'»0.
$129,091
101,124
$83,690
107,054
68,171
$23,364
$22,879
Yorlt State. The roads following have
reported to the N. Y. State Railroad Commissioners for the
quarter ending Marcii 31, and we compile in addition the
results for the six months October 1 to March 31.
NEW YOKK LAliE ERIE ,t WESTERN.
^Qnar. ending Mch. 31.—. .— A'lj mos. f»i</. 3Ic/i. 31.—.
Deficit
.$74,330
.$27,607
$81,125
$19,279-
$775,783
$79.5,462
$362,344
$390,211
N. Y. Stock Exchnnsfe— New Securities Listed.—The (Joverning Committee of the Exchange have listed the following:
Denver & Kio Gkasde Railroad C!o.mpany— Additional issue of
improvement mortgage 5 per cent bonds, $2,250,000, making total
Surplus
amount listed $5,250,000.
Cojuiiciici.u. Cable Company— Additional issue of capital stock,
$500,000. making total amount listed $7,216,(X)0. The Committee on
Stock List has the power to add to the list .$D(K),O0O more when Is.tued.
fiiiLAiiELFHiA &RiiAmxG Railroad CoMi'ANV— Additional issue 4 per
cent t'ciiernl niortgiige gold bonds, $2,429,000, making total amount
listed $37,403,^)00.
Laclede Gas Light Compant— Preferred stock, $2,500,000.
Oregon Railway & Navigation Company— CoUateral trust 5 per
Kailronds in
New
—
1890.
1888-89.
1889-90.
Gross earnings
Operating expenses
1889.
$5,748,659
3,775,017
$6,454,759 $12,713,078 $13,926,793
4,238,198
8,140,507
8,974,990
Net earnings....
Lessp.c.toleas'dr'ds
$1,973,042
532,938
$2,216,501 $4,572,571
583,150
1,141,762
$4,951,797
1,278,538
$1,440,104
207,503
$1,633,411
199,883
$3,430,809
579,439
$3,673,259
603,799
$1,647,607
1,862,926
$1,833,294 $4,010,248
1,955,781
3,756,976
$4,277,058
3,856,721
Balance
ocnt gold bonds, $1,800,000.
Otherincome
Railroads In Massachnsetts.— The following railroads have
reported for the quarter ending March 31, and we compile the
flguree for the fiscal year to March 31
Int.,t»xe8, ient.,&c.
Total net income
Balance
df .$215,319 dt.$122,487
sr. $253,272 »r .
$420,337
iUr
Ma
THE CHRONICLE.
IT, 1690.]
!'
707
-
'
MAinlATT^X KLBVATEO.
/-Ouar. ending Uch. 31.^ ^Six mo$. end. Uch. 31.-v
1888-89.
1890.
1889-90.
1889.
«roM*aniInB»
$2,2«3,021 $2,316,737 $4,."i69,007 $4,769,977
1,239,110
1,235,028
2,456,852
2,463,132
Operating expenses
Net earnings.
.Otber income
$1,023,911 $1,081,709
21,500
21,500
$2,112,155
52,009
$254,028
9,413
$381,810
10,309
$651,366
16,909
$844,686
18,425
$263,441
262,820
$392,119
263,869
$668,473
525,022
$863,111
522,924
$621
$128,250
$143,453
$340,187
COMMERCIAL EPITOME.
$2,306,445
43,000
Friday Nioht, May 1«, 1890.
The conrae of speculative valaes was affected materially
Total...
$1,045,411 $1,103,209 $2,164,164 $2,349,445
Cbaiges.
505,864
1,095,499
983,034 early in the week by reports from the Department df
537,271
^
Agriculture regarding the early prospects for some of the
BurplU*.
$507,345 $1,068,665 $1,366,411
$508,140
crops to be g^wn in the coming season. The r^x»t abcnit
mVf TORK CnlCAOO A, ST. LOUU.
,~(iuar.endingJI£eh.31.-\ /—Sixmoe.end.Mrh.a^.-^ cotton was less favorable than last year, and caused a smaljl
1888-89.
1889-90.
1889.
1890.
Oroaseamings
$1,243,192 $1,415,072 $2,519,875 $2,H74,.50fl advance, but did not have much effect, because it was regardOperating expenses
978,438
1,072,446
2,033,839
2,201,482 ed as inconclusive and premature. The report regarding
Net earnings....
$264,734
$342,626
$486,036
$673,024 wheat quite "broke the back " of the speculation for the rise,
Charges
248,411
251,903
403,878
621,109
which was in progress when it came out, it being much better
Balance..
. 8UT. $16,323 sur. $90,723
det. $7,842 n, $161,825 than was expected.
The debate on the new tariff has been
BOME WATERTOWN Jc OODENBBCRO.
begun in the lower house of Congress. All amendments are
^Quar. ending itch. 31.— ^Sixmot.tni.ltek.iX.—.
rejected, and it seems highly probable that the bill, as re1R90
1889
1888-89.
1889-90.
Gross earnings
$719,839
$903,003 $1,598,997 $1,881,237 ported to the House of Representatives,
will soon pass that
Operating expenses
463,831
523,193
947,431
1,036,511
,
. .
Net earnings...
Otlior income
Total income....
Charges
Surplus.
LOira iSLiUlD,
r-Quar.e)idingUeli.3\,-^
-""
1889.
1890.
Gross earnings
Operating expenses
$569,210
483,277
Net earnings....
Other income
883,933
Six mot. end. Jfch. 31 .->
1888-89.
1889-90.
$627,935 $1,306,333 $1,387,888
518,345
971,121
1,035,108
34,854
$335,212
55,009
$352,780
29,033
$120,787
158,328
Total..
Charges...
$109,390
21,600
$131,190
168,648
$390,221
313,163
$381,813
343,712
Balance
def. $37,441 def. $37,458 sur. $45,050 sur. $38,101
SUSQlTEHAJntA AND tACKAWANNA & BUSqCEHAmfA.
r-Quar.ending Mch.31.-^ ^Sixmot.end.Meh.31.~.
1889.
1890.
1888-89.
1889-00.
„
Grosseamings
$694,403
$973,832 $1,583,076 $1,895,056
Operating expenses
486,745
541,469
912,009
998,777
ALBAKT
Js
Net earnings.
Charges
$207,658
275,916
del. $68,258 sr.
Balance
$-134,363
$153,658
sr.
$138,046
558,844
sr.
$338,035
XEKSSELAEB & SASATOOA.
^Quar.endingMch. 31.-^ ^Six mot. end. Meh. 31.—,
1890.
1889.
1888-89.
1889-90.
Gross cinUngs
Operating expenses
$457,797
353,878
$534,138 $1,040,275 $1,11.3,392
362,283
681,263
671,920
Net earnings....
Charges
$103,919
260,177
$171,8.55
$156,258
$96,854
Deflcit
$359,012
537,148
268,709
$441,472
532,606
$168,136
$91,134
CANADA.
,-Quar. ending Mch. 31
^Sixmos, end. iTch. 31.—,
NEW YORK A
,
1880.
Oi)eratiiig exi)en8es.
1890.
1888-89.
1889-90.
$183,038
129,110
$249,384
135,660
$400,389
233,402
$476,839
283,190
$33,948
73,863
Grosseamings
$93,724
73,771
$167,187
140,571
$193,669
149,754
Net earnings.
Charges
Balance
def $19,917 sur. $17,933 sur. $26,616 sur. $43,915
.
DELAWARE LACKAWANNA A WESTERN— LEASED
LINES.
^Qtiar. ending ilch. 31
^Sixmos. end. ifrh.^l.—.
1889.
1890.
1888-89.
1889-9().
^
Grosseamings
$1,206,270 $1,361,573 $3,321,631 $3,431,il.")0
Operating expenses.
807,174
769,133
1,800,838
1,817,315
,
,
Net earnings..
Charges
$399,096
552,749
Balance
$592,420 $1,520,793 $1,617,635
562,749
1,094,212 1 ,095,709
dcf.$133,653 sur. $39,671
sr.
$426,581
sr.
$321,926
NEW YORK ONTARIO & WESTERN.
^Quar. ending 3{c>i. 31.—
•
Gross
earaiiiffs
Oi)eratiug expenses.
1889.
$352,2.59
312,657
1890.
$437,104
366,823
$753,316
658,503
o.
...o.
o.
o.
605
6-75
6-85
6-90
6-67
6-70
6-86
6-91
6-65
6-75
6-83
6-90
6-66
6-76
6-65
6-75
6-85
6-92
«-63
6-74
6-92
6 90
prices close
steadier at
is
$13 7.j(a§14 3.5 for new mess, $10 75@$U for extra prime and
Beef is steady at $6 50@$7 for extra
?1.S(3S1.5 for clear back.
mess, $7 50i3S8 for packet and $13(a§13 50 for extra India
mess. Beef hams are firmer and in demand at $16@S16 25 per
bbl.
Cut meats have continued to favor buyers. There wag
a good business in sweet pickled Western meats for July and
August deliveries, but trade is dull in city cuts. Quoted.
9J^'«69J^c. for pickled hams, 535i^c. for do. shoulderu and
5;^@6c. for bellies; smoked shoulders 5^^® 6c. and smoked
hams lOJ^ffllOJ^c.
Tallow more active at ^j-zC.
Steariae
quoted at 7^fa7j^c. and oleomargarine at 5%c. Butter fairly
active at ll(g 18c. for creamery and 10^^ 17c. for State dairy.
New cheese is in fuU supply at 8)^@93^c. for State factory
full
cream.
Coffee on tlie spot was dull until to-day, when slightly lower prices led to a fair business. Rio quoted at 17%c. for No. 7,
with sales of Lahat and Padang at 23324c. The speculation
in Rio options has been dull, and to-day prices dechned
toward the close of business, under free selling by the "Bulls,"
closing weak, with sellers as follows
16-0.')0.
May
November
August
16-3.5e.
15'45o.
June
15-9.jc. Decooiber
16-20C. September
15*3,5o.
July
15-70c. January
lS-30o.
16-15C. October
a decline for the week of 15@35 points.
Raw sugars have further declined and close fairly active at
IJI^c. for ft,ir refining Muscovado and S^jc. for Centrifugal,
The sales embraced
cargoes of tlie latter
fl6 degrees test.
it the Breakwater at 3§3 l-33c. c.&f., and 7,000 bags molasses
grade at '2%c. c.& f Refined sugars are dull at GJgC. for Standard crushed, and 6C46 l-16c. for grauulate<i. Mola-ssms is
lower at 1814c. for .50 degrees test, but closes steady. The tea
sale on Wednesday went off at steatly prices and Formosas
:
I
I
—
1
|
—
.
^Slxnws.end. Meli.ai.1888-89.
July delivery
August delivery
September (ieUvery
686
October delivery
692
Pork has been only moderately active and
$896,879 easier, leading to a better business, and the close
$671,067
533,021
280,703
body, but its fate in the Senate is uncertain. Strenuous efforts
are being made to perfect a silver bill that will be acceptable
to both houses in Congress, and not encounter opposition from
the President, and it is thought something will be accomplished. Excessive rains fell early in the week in the Southwest, causing local floods, but at the close the weather is
quite Spring-like. Labor troubles, though somewhat threatening, are not of much importance.
Lard on the spot has been drooping, but at some decline the
juarket closes steadier, with a fair demand at 5'83c. for prime
City, 6"47i,^c. for prime "Western, and eS.jQe-Toc. for refluttl
to the Continent. The speculation in Lard for future delivery
has been quite lifeless, and prices have yielded slightly. Soma
business was done to-day at 6'65o. for July and 6'83c. for September, and at the reduced figures the close is steady.
DAILT OLOSlRO PBtOKS OJT LABD FDTCBES.
aat.
Mon. Tiief.
Wed. Tkur.
Fri.
6-55
6-57
6-53
6-55
June delivery
e-^ii
6-93
c.
1889-90.
.*89ti,7()9
718,103
advanced.
Kentucky tobacco was rather quiet this week, the sales being limited to 250 hlids., mainly for home consumption, but
Balance
def. $27,867 sur. $7,643 def. .$43,373 sur. $24,880 there is still a good inquiry from exporters.
Seed leaf fairly
active, but without especial feature; sales are 1,300 cases, as
OODENSBDRO * LAKE CHAMPLAIN.
Quar.endingiTch. 31.-, ^Sixmos.end. itch. 31.-^ follows: 300 cases 1888 crop, Wisconsin- Havana, lO.alSc.; 300
1889.
cases 1888 crop, Zimmer's Spanish, 14@16c.; 200 cases 1888
1890.
1888-89.
1889 90
Grosseamings
$135,122
$150,514
$310,797
$361,768 crop, Dutch, Ilea 13c.; 200 cases 1887-88 crops. Pennsylvania
Operating expenses.
88,613
109,753
201,106
251,138 Seed leaf,
8>^ i^l'Sc; 100 cases 1888 crop. State Havana, 13J^@
Net earnings.
$46,.504
$40,761
$109,691
$110,630 14c., and 100 cases 1888 crop, New England Havana, 18®
Other income. .....
5,285
386
12,214
7,639 37}^c.; also 650 bales Havana, 65c.(g§l 15, and 500 bales
Sumatra, §1 40® $2 40.
Total..
$51,789
$41,147
$121,905
$118,259
On the Metal Exchange, Straits tin closes a little firmer bu t
Charges..
66,256
68,134
133,029
132,372
quiet, at 21- 10c. on the spot and 20"90c. for August. Ingot cop Deficit..
$14,467
$24,987
$11,124
$14,113 per is easier at 14'90c. for Lake. Lead has advanced and 4 8
BROOKLYN ELEVATED.
tons sold to-day at 4-13J^c. The interior iron markets are dull
'—Quar. ending ilcti.31.-,
-Sixmoa.end.3teh.31.— and weak; "Skelp" quoted at $1 -75(0 $1 -SO. Refined petro18S8-89.
1890.
1889-90.
^ 1889.
leum is quiet at 7-30c. in bbls. and 9'lOc. in cases, the latter a
Gross earnings
$343,435
$400,570
$195,031
$809,380
Operating expenses.
132,887
230,415
306,798
463,009 decline; crude in bbls. firmer at 7"35c.: naphtha. 7-40c. Crude
Spirits turpentine
certificates advanced and clo-sed at 86%c.
Net earnings....
$90,548
$170,156
$188,233
$346,371 is lower under better supplies and closes at 40c. Rosins are
Charges
104,423
149,491
308,914
299,059
steady and good strained sold to-day at $1.45, Wool and hops
Balance....,
def. $13,875 sur.$20,664 def. $20,681 »ur.$47,312 aie rather firmer.
Net earnings....
Charges
$39,595
67,462
$60,282
32,639
$96,811
140,184
$148,600
123,736
THE CHRONICLR
708
(Vol. L.
COTTON.
In addition to above exports, our telegrams to-night aJso
give us the following amounts of cotton on shipboard, not
Friday. P. M.. May 16. 1890.
We add similar figures for
cleared, at the ports named.
The Movement op the Crop, as indicated by our telegrams New York, wliich are prepared for our special use by Messrs.
from the South to-night, is given below. For the week ending Carey, Yale & Lambert. 24 Beaver Street.
bales,
this evening the total receipts have reached 11,50j
On Shipboard, not eUared^/or
against 16,408 bales last week and 16,586 bales the previous
Leaving
Mat 10, a(—
"week, making the total receipts since the 1st of Sept., 1889,
OoattOther
Oreat
Stock.
of
5,738,882 bales, against 5,453,068 bales for the same period
showing an increase since Sept. 1, 1889, of 275,814 bales.
1888-9,
France. Foreign
Kite.
580
None.
55
400
789
207
421
477
2
175
16
6,425
83
276
157
158
1,280
4,311
8
24
28
24
5
14
86
677
134
Brunsw'k, *o.
Cbarleston
Port Boyal,4c
131
18
West Point.
140
.
7,222
562
10,463
15,464
100
400
789
10,337
4,341
13,950
4,300
4,170
100,936
12,769
4,324
32,777
185,543
5,187
7,705
36,328
52,964
2,881
306,846
395,170
2,500
765
67
17
205
390
268
600
20,116
26,914
51,722
4,744
The speculation in cotton for future delivery at this market
has been generally quite spiritless for the week under review,
within comparatively narrow range. The
919 prices fluctuating
634 report on the progress of the early planting for the next crop,
26
Wash'gton.Ao
Norfolk
20,631
Total 1889...
Total 1888...
8,942
None.
55
295
11
VUmingtun
None.
None.
Totta.
12
17
181
4,750
1,300
New York
Other ports
Florida
Bavannab
600
None.
Savanuati
Galveston
Norfolk
7,190
None.
None.
None.
None.
1,172
1,294
&o...
2tew Orleans...
Mobile
1,841
8,600
3.000
Cliarleston ....
83
110
18
"Galveston
None.
None.
None.
None.
None.
Orleans...
MoW.e
Total.
Fri.
Thurt.
Wed.
Tne».
None.
None.
None.
None.
None.
None.
Total 1890...
Mon.
Sat.
Seeeipt* tit—
MPaeo,
Britain.
New
181
181
28
388
108
which was issued on Saturday last, was not made public until
after 'Change. It caused on Monday some advance, with
16
40
98
"Boston
more attention directed to the next crop, but gave no decided
Baltimore
report from Man773 strength to values. On Tuesday a better
16
732
25
PhlladeIph'a,<ito
chester, some improvement at Liverpool, together with the re272 1.701 1,121 11.505 currence in Texas of heavy rains before the damage by the late
5771 2,1961 5,638
Totals tblttreek
For comparison we give the following table showing the storms had been fully recovered from, gave a sUght impulse
week's total receipts, the total since September 1. 1889. and to the speculation for the rise, with pretty liberal dealings in
options for July and January. On Thursday, weak accounts
the stock to-night, compared with last year.
from Liverpool and the cessation of excessive rains in the
Stock.
1888-69.
1889-90.
Southwest, caused some depression, especially in the next
Beceiptsto
crop. On Thursday, an early decline was recovered, in symThU Since Sep. ThU Since Sep. 1890.
May 16.
1889.
pathy with the more active market for spot cotton. To-day
Week.
Week. 1, 1889.
1, 1888.
an uncertain opening was followed by a general decline, but
2,570
1,554
1,704 668,474
421 836,007
Galveston
in the last hour there was renewed buoyancy for this crop, on
22,357
£1 PaBO,(<bo.
23,212
398
the report of the stopping of short notices and rumors about a
85,015 projected corner for July here and at Liverpool but the next
60,664
New Orleans. 6,425 1,917,280 4,303 1,663,762
4,541 crop closed cheaper than yesterday.
83 230,402
136 208,843
4,744
Mobile
Cotton on the spot sold
32,265
27,010
FlOflda
moderately for export and home consumption, but the de6,426 mand was pretty freely met, current quotations were barely
380 810,398
10,737
Savannah. ..
1,294 929,987
161,450
35 132,099
Brans., &o.
maintained,- and on Wednesday were reduced l-16c. On
295 319,170
155
4,844 Thursday, a comparatively large business was done in spot
Charleston ..
1,179 379,093
1,833
113
15,175
P. Eoyal,&o
cotton for home consumption and prices were steadier. To26 132,569
2,544
785 day the close was Ann at 11 15-16c. for middling uplands.
Wilmington
60 151,647
3,749
Wash'tn,c&c
4,368
The total sales for forward delivery for the week are 245 ,500
919 400,783
Norfolk
660 483,041
8,511
4,069 bales.
For immediate delivery the total sales foot up this week
N'wp'tN'B.ic.
New
388
30
217
30
55
York
. .
;
634
388
30
217
West Point.
NwptN.,&0
New York.
Boston..
Baltimore
Phil'del'a,
&c
Totals
910
976
710
324,198
58,468
113,111
70,645
87,524
77,229
773
11,50515,728,882
409,535
135,354
126,514
99,851
65,218
50,329
1,293
397
233
150
114,886
4,200
1,990
8,185
13,487 5,453,068
In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
ICeceipttat—
1890.
1888.
1889.
Galv'ston, Ac
421
New Orleans
Mobile
..
6,425
83
1,294
Charr8t*n,&c
Wilm'gt'n,&o
Norfolk
295
26
919
1,292
W't Point, 4o
1,022
1,020
11,505
Savannah.
AI' others
Tot.thisweek
2,102
4,303
136
380
60
660
I
1887.
1886.
658
269
9,311
3,916
347
79
2,762
2,516
1,267
40S
UPLANDS.
we
751
2,459
515
3,260
2,270
10,626
29,447
7,429
1,886
2,668
13,487
29,065
115
Since Sept. 1. 5728,882 5453,068 5321,154 5158,523 5142,549 4694,397
Fair
for the week ending this evening reach a total
of 17,808 bales, of which 13,499 were to Great Britain, 95
to France and 4,214 to the rest of the Continent. Below are
the exports for tlie week, and since September 1, 1889.
The exports
Week Endi no May
fnmrGulTeston
New
Orleans.
From
16.
Sept.
Exported to—
Bxportt
Great
Oonti.
BHt'n. Frante nent.
710
718
1889. to
Total
Oreat
Week. Britain. Fratice
4.77M
Mobile
307.480 34.659
878.179 341,658
44.'<S9
SaTannah
Brunswick
153.068
102,s»2
30,826
Charleston
WllmlnRtoa...
S1.884
79.161
24,246
Norfolli
We«t Point....
a28,157
105,998
sr-.oa
470.340
131.505
N'portNws, Ac
New York
Boston
Baltimore
Pblladelp'a,&c
Total
Total, i.sss-sa,.
6,599
96
1S,490
8a.S39
3,3B7
10.051
189
882
56S
788
991
655
722
95
5.8 1«
4.811
Hay
16,
68.986
82,664
.....
41,816
Continent.
10
11%
12
123ie
127ie
1258
13ll6
139ig
Sat.
$
lb.
9%
9%
10U,6
llifi
Middlini;
91316
9l-'i«
Wed Th.
9»i9
9H
Tne* Wed
9i>.a
9%
9%
110=8
lOiSs
j
I
ll>e
iTIon
Frt.
9°l«
lUis
It's
11%
lllSu
123,8
1238
1213,8
I3618
Tit.
wn.
9^
91a
10
iS"" 91''i6 9i'ie 916,8
10l3,g 1013,8
1013
1078
lO's
11'4
11)4
116,„
11% 11% 1111 Il"l6 1111,8
12
12
ll"l« 1115,6 ili'ia
12ie
123,8 123,6 12>8
12'e
1238
1238
127,6 127,8 123b
1208 12=8
12^16 12'i8 I2»,e
13
13
131,6 13116 13
1319
131s
139i« 139i6 13>«
9H
9»ie
11>
noil Taea
9ie
Wed Tb.
9^8
91,6
911,
9%
9%
1011,6 101 'u 10=8
lli«
Ilia
llhe
Frt.
9^7
9',6
911,8 911,8
1058
10=8
ll''lg 11718
MARKET AND SALES.
TotaU
The total sales and future deliveries each day during the
week are indicated in the following statement. For the
convenience of the reader we also add a column which shows
at a glance how the market closed on same days.
138,110
474.249
641,357 l,755.ie«
44,78<
343.821
587,109
14.887
117.179
161,802 840,.S3«
38.988 118,149
87.758 803.913
84,020
180.018
9B
37,801
144,798
657,461
'
1
SPOT MARKET
CLOSBD.
Ex-
Con-
port.
tump.
Wed. Easy at
118,985
34,803
7,863 245,50r
....
608
603
rri...
2,597
Total
previoiu
(0
(>55
..—
1,573
1,040
deliveries Riven
5,266
....
eriet.
....
508
203
655
1,6 dec.
Sale$.
16,100
47,000
63,000
43,900
33.100
42,400
3,384
100
400
Mon. Easy
Taes. Easier
64.428
44.S3B 2,741.026 891,090 1.388.981 4,461,03?
lyiiiy
Total.
1,287
rhur. Hteudy
17.6C8 2.788,710 474,178 1,495.743 4,698,031
u^l ^•^\
2,097
134,646
8,139
9»16
10^8
11»16
LowMiddUng
The daUy
e.3',4
Sat.
¥ lb.
Good Ordinary
Strict Good Ordinary
1890
mon' Taea
938
9%
lli«
U'ls H'lS
11»18 11«1. ll'is 11>2 ill's
lllS,g 111»16 lli»ie 11% 111%
llli'16 ll' = 16
12
12
12
1214 1214
1214
121,6 l^^l,
12 'i« 1238
1238
12'i« 12'i«
12''8
1278
121316 1213,8
12'8
13% 133g 1338 13»1« 1136,8
'
3,141
1,574
im
STAINED.
Exported to—
710
4,061
1.
91316
GULF
710
369
1,195
9%
lOUig 101116 101 He lOSs
OrcUnary
Strict Ordinary
Good Ordinary
Strict (Jood Ordinary
Low Middling
Strict Low Middling
Middling
Good Middling
Strict Good Middling
Middling Fair
19
4,202
1,691
4,993
4,873
4,665
3,527
V
lb.
Fair
98
540
213
-^
Sat.
Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ordinary
Low Middling
Strict Low Middling
Middling
Good Middling
Strict Good Middling
Middling Fair
1835.
1,409
7,814
1,037
3,448
4,305
422
103
—
343,174
218,320
—
7,863 bales, including 2,597 for export, 5,266 for consumption,
bales
Of the above
in transit.
for speculation, and
were to arrive. Tiie following are the official quotations for
each day of the past week— May 10 to May 16.
3,266
212,425
6,800
2,059
10,374
1.573
1,040
....
above are aetually delivered tie day
that ou whieh they are reported.
Mat
THE CHRONICLR
17, 1890. J
The Sales and Prices of Futures
are
shown by the
following comprehensive table;
709
The Visible Supply of Cotton to-night, as made up by cable
and telegraph, is a.s follows. The Continental Btockn, as well as
those for (Jroat Britain and the afloat are this week's returns,
and consequently all the European figures are brought down
But to make the totals the complete
to Thursday evening.
flgures'for tonight (May 16), we add the item of exporte irom
the United States, including in it the exports of Frioay only.
1890.
baleg 1,011,000
Stock at Liverpool
Stock at London
1889.
1888.
1887.
898,000
11,000
773,000
17,000
971,000
20,000
909,000
2,200
43,300
17,000
12,000
790,000
4,000
44,400
16,000
991,000
3,800
50,400
30,000
Total Great Britain stock. 1,023,000
4,000
Stock at Hamburg
Stock at Bremen
115,000
Stock at Amsterdam
8,000
Stock at Rotterdam
200
Stock at Antwerp
7,000
Stock at Havre
167,000
Stock at Marseilles
4,000
Stock at Barcelona
80,000
9,000
Stock at Oenoa
Stock at Trieste
6,000
32,000
117,000
8,000
82,000
14,000
9,000
184,000
3,000
67,000
6,000
7,000
1,100
251,000
3,000
53.000
8,000
12,000
420,200
321,800
332,400
412,500
Total Continental stocks
MM
2
CCtD
I
©»:
MitM
"I
^
5
tcto
Vs.":
MMOMMOM
«>•:
I
^)^
MM
b»
5
MM
MM
2
<o»
2
s..«:
MMCDM
I
MMOM MMOM
CI
MM
t»
MM
e®
p.
2
SSm5 050!
».<=:
e P:
MMWM MM^M MMCCM
MMOM
MtiO-5Q(gO{p
C6*<D
MM ?D
MM ^ MM
"•
I
MM
MM
!>.
5
2
«t6
«,"•:
I
I
MifcM
<
2
T'^
ec«D
ifrCO
sP;
5
2
"^
*
eocD
tote
ceo
I
o:
Amenean—
5
2
-J
t»
MM b
<e«
2
to©
MM
<e»
2
&«:
I
ep:
I
MM ^
5
coco
A
"^•^
cocc
tCf-*
*»
01 to
s
2
^
a J":
2
COCO
^^
coco
cow
3
2
"
Sep:
coco
0!0>
= o MMOOM M
MMOM MMOM MMOM
o
I
MifcM
MMO-.M
ejcj® CO
00
ccoa
OIK
2
*>
I
M»M MMO^
MOM MMOM
I
tflOc;,
CO
COCC^CO
M00
''
Total East India,
Total American
2
l»:
coco
"^
:j
MM
00
2
"I
aoD
aoi
b>.
I
3205
050!
e
2
C"
CO
©«
I
COD
5
:
I
2
C5
00
M~i
~JO
sr:
1
ooc^ob
"^
e
MO
:
SI
00
2
"
1
<IO
00
dd
CCGC
sij*;
obOD^OD
<l
^OD
03
5
P,
^
2
"^
o-a
MM
00
dd
ccco
»
I
d-j^-j
b>
2
>
:
coro
0505
One
I
2
^
= !*:
>-M*.M
aO!
2
«•=:
M^t-l M
I
dd"*©
05 3!
»
'^
00
010!
ODO!
=.":
-M<1M
ecjo
dd^ d
I
05 <l
1
5J»_
C!C
o;»
-O!
0!
5
»
005
'J
2
1
|®~ The imports
786,200
634,800 608,400 741,500
1,432,617 1,404,339 1,481,712 1,525,279
and
w
1
'
gr^D-o c»3.s o K-E^?K p "2.0 o 9 =
2.g"2,B»3!
s
c „.* _
xMt*^!;:
ep;
MM-l —
05-J"0!
0:0:
CGP
M
00 >
y^y^
-1-1
£
p
O
I
2
cow
-1-1
Mth-
CO
I
M
MM >
O*-
M
2
-1-1
2
1
if^CO
:
I
''
CDO<
ij.cn
SI
I
I
,
1^0
I
o.
o.
CH-X)
Kh yi
I
I
I
I
I
I
*no M
h: ooc! oso
•
tC
iMo«Mc;i;
W
I
l:
;
toato: ot-^aocw-j-occoD
I
JO
I
I
I
I
I
I
I
I
Mo 00 to 10 oi
M
c
0--1' a<io.
•
:
Includes wales in September, 1889, for September, 117,600: Septembor-October, for October, 040,600; September-November, for November,
636,200; September-December, for December, .)57,20.i; September,
January, for Jiiuuary, 1,570,100; September-February, for Februarv,
1,123,100; Scptember-Marcli, for MaroU, 2,236.900; 8ept«mber-April,
•
|t»
;
W -J I- t- CO ^
«i_-qcCMMCC;i
for April, 1,555,600.
ClMi-eOOC?©
*J«^»*a;CCO
^?" We have
Included in the above table, and shall continue each
to give, the average price of futures each day for each month. It
will be found under each day following the abbreviation " Aver." Tiie
average for each month for tlie week is also given at bottom of table.
Transferable Orders— Saturday, l2-00c.: Monday. ll-95c.: Tuesday,
12-OOc.; Wednesday. 12-OOc.; Thursday, 1200c.; Friday, 1 2-OOo.
Vf
tCM
XCO
r*
;
<iAOcnc;tcoac;tC7;
le:
i;
r-
I
I
CC.
:
M O 01
I
M
K)
o QD CO to to &o tc cc X a ^- tc c to 1^ X c
ooy»
I
M CO
actc'bVicocf**xcu'b>'?to'i*Ml2C
a-^Cix — Qc w
oi
I
r-
I
6:
1:
a<
*>,
I
-1
I
—
wot
•
MM'SM
OOOO C
M
M-q
c
;:;
CO -^ I
I
O
-j-j"=-i
S'P:
>
R
B.««;
MM05M
OOOO OOOO 0=00
o-i
I
H
5!
e.-^sgr?8=
OP (»i
"Si!
O?-
OOOO OOOO OOOO OOOO
jC(i
OJ,
-j-j
I
week have been
The above figures indicate an increase in the cotton in sight
to-night of 179,673 bales as compared with the same date
of 1889, an increase of 128,705 bales as compared with the
corresponding date of 1888 and a decrease of 47,962 bales
as compared with 1887.
<
2
-1-1
35,000
M
to
-O
tw
M
D p-
cca*
Oi*^tOi^-'lrSC0CCJ0<l
:
J"
CM%>if^aO' CDt
MM 5.2.
~*
MCC
***
M»g*JtC>^
M to CO tc c: C3 -
1
to <1
o -^ <c
SP
-5
'^
-si
X =^
wx®owcx'^acwwawo'coc;'cc"^ -coi(k-jwxxcooo:*^ccxc^a'XMCoO'
-4XC0-JKX»0XXMCMMXCiCCOt0C «
Oi
t;« -st
week
The following exchanges have been made during the week:
•01 pd. to exoh. 100 May for July
•02 pd. to exch. 200 May for July
126 pd. to exch. 1,0:):) Jan for Aug 04 pd. to exoh. 100 Aug for June
•03 pd. to exch.
•01 to eich. pd.
•02 pd. to exch.
228,000
20,000
130,500
339,000
24,000
215,000
17,000
134,400
170,000
72,000
into Continental ports this
t»
2
229.000
11,000
164,800
210,000
20,000
373,<K)0
&c
coo OOC
<.'=d ddo
M <D
^®d
MO ^
MM
00 5 M>=?
-jd
0101
-i
I
C
Kt
,
^
276,000
12.000
90.200
—
05
e*';
i-mCOM
e«:
05
-j-jO.
1
[».
^
C
2
CO:
*5
I
0000 OOOO 0000 OOOO
dd
cncn
o
010!
-1<1
-id
O-J
743,000
282,000
76,000
375,714
48,284
281
is the receipts
since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1888-89 is set out in detail in the
following statement.
CO
1;
558,000
198,000
155,000
44S,134
122,288
290
95,000 bales.
for the week,
d--i'^d
M
X^-
01
^MCOM
I
I
669,000
157,000
185,000
343,174
42,481
7,684
At the Interior Towns the movement—that
:
M^giM
0000 cogo 0000 0000 MMytM
ococ
I
290
Total visible supply
2,218,817 2,039,139 2,090,112 2,266,779
Price Mid. Upl.,Uvcrpool....
e^ad.
6d.
S^sd.
Sihud
lUSi.c.
Price Mid. Upl., New York....
lUuC.
10c.
lie;
h>
5
2
"
e«:
&P:
s'J^:
Mt-ifk'0000 MMOJM MMCOM
OOCO 0000 MMOM 000© oooo
1
24,000
376,714
48,284
281
72,000
448,134
122,288
1,432,617 1,404,339 1,481,712 1,525,279
—
Continental stocks
India afloat for Europe
Egypt, Brazil, Ac, afloat
oOtD
e.-J;
<ec,
Londonstock
Mt-'O'-*
aob
ao!
a>
CJiCIi
I
lii|p.®CO
5
oboo
I
2
735.000
330,000
107.000
218,320
40,430
1,867
bales
Total American
Eatt Indian, Brazil,
Liverpool stock
<P
a®:
1^_
"mm
1,867
Amcricanafloatfor Europe...
United States stock
United States interior stocks..
United States exports to-day.
-MCM
0:0
20,000
343,174
42,481
7,684
,
Liverpool stock
Continental stocks
s*:
MMCCM
MlvOM
MMOM
MMOM MMOM
M^OM MMlf>-M mmo;m M MQTM MMOM
I
cjqd
200
Total visible supply
2,218,817 2,039,139 2,090, 112 2,266,779
Of the above, the totals of American and other descriptions are bs follows
e,0(A
I
b.
M»f
etc
MM
35,000
218,320
40,430
Egypt,Brazll,&c.,afltforE'r'pe
Stock in United States ports,.
StockinU.e. interior towns..
United States exports to-day.
5
air:
I
300
700
Total European stocks.. .. 1,443,200 1,210,800 1.122,400 1,403,500
Indiacottonaffoat tor Europe.
373,000 210,000 170.000 339,000
Amer.cott'n afloat for Europe.
107,000
185.000 155.000
76,000
>.
SCCD
MM
MM
5
300
500 .May for July
200 June for July
100 Seiit for July
•01 pd. to exch.
•06 pd. to exch.
900 June for July
100 Aug for July
WW
ccVi
I
'
Sk^
^D^M
X u c c; C5 c; M to
a C 1^ <l to to O M
c;
ft-
oa
M K »1 »j in C« CO
cto<i
— tcio;
OODX c
"
J
c:c3
(©CO
'toe
to;
M; *0|-tO
I
tO
toc" Mw'I^toas M op
XCIOC0--1. COCOXtO- <l — OOOlSWMW
— X
•
I
i
a'
^
^
g:»
C^
1889 figures are for Palostiue. 1 1889 fi.cnros are for Petersburg, Va.
Louisville in botli years are ** net."
§ Tills year eetimated.
THE CHRONICLE.
710
The above totals show that the old interior stocks have
decreased during the week 13,851 bales, and are to-night 2,051
bales less than at the same period last year. The receipts at
the same towns have been 1,316 bales less than the same
week last year, and since Sept. 1 the receipts at all the. town?
are 18.651 bales more than for the same time in 1888-89.
QPOTATIONS FOB MlDDLINS COTTON AT OTHEK MARKETS.—
In the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
day of the past week:
CLOSING QDOTATIONS FOR MIDDLIN B COTTON
Week ending
May
16.
Mon.
Salur.
im.
IIV)
It's
ll'is
Galveston...
New Orleans
Wednes.
Tiies.
1112
11=9
W^
llM«
ll"i«
11%
11%
11%
11%
Ilia
Ilia
Norfolk
Boston
11%
11%
11%
1218
ll's
12',,
121a
ll'l^
Ills
1218
11-8
Xl4
. .
1138
11%
V2H
Baltimore...
Philadelphia
Angnsta
ll's
12<,«
.... ll»8-ll!6
Memphis
...
Louis
Cincinnati
.
lionisvllle.
..
Bt.
ll-'s
121,,
11%
11=8
11".
ii4
11%
11%
11
Rock ....
Montgomery..
Nashville
II14
11
III2
6
11%
11%
llSse
u%
Little
11
lOij
11
ii'^e
11
11%
11%
'G
11%
11%
10%
1218
12'
11%
11%
'16
VTuk
at other important
Apr. 11..
" 18..
•'
Rome
Selma
—
1889.
1890.
SS,504! 40,107
St'k at Interior
1889.
1888.
27,880; 33,922
23,570 235,785 128,779
20,981 217,276 102,83S
30,641! 36,205
»5..
May
1?88.
1(1,330 199,870
28,242
22,411
13,4=7
16.588 172.2i7
l«.40r' 145,074
3-3,803i
2..
36,223
l»Mi.
16.
H.6
81,090
69,218
56,445
48.619
5 131.277
Rec'pts from Plani
To^ont
IS90.
1688.
t.9.0 .5
H,733 20,969
1889.
'ns.
18J8.
3,549
90,25i
8,49'
13,031
12,2J8
80.03;'.
14.407
9,161
6,'<,8e8
13,235
P,"20
16,370
5.S7I
53,905
9 010
(t,«38
6,445
8
44,169
6.6"1
15.2
—
The above statement shows: 1. That the total receipts from
the plantations since September 1, 1889, are 5,760,607 bales; in
1888-89 were 5.486,312 bales; in 1887-88 were 5,438,601 bales.
2.
That, although the receipts at the outports the past week
were 11,505 bales, the actual movement from plantations was
only
bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 5,661 bales and for 1888 they were
15,268 bales.
—
Amount of Cotton in Sight May 16.— In the table below
we give the receipts from plantations in another form, and add
to them the net overland movement to May 1, and also the
takings by Southern spinners to the same date, so as to give
•ubstantially the amount of cotton now in sight.
1889-90.
1888-89.
I
1887-88.
1886-87.
fiecelptsattheportstoMay 16 5,728,882 5,4.53,068 5,321,154 5,158,523
Interior stocks on May 16 in!
excess of September 1
33,244' 107,447
31,725
16,308
I
|
Tot. receipts from plantat'ns 5,760,607 5,4S6,3 12 .5,428,601 5,175,331
Net overland to May 1
866,2011 872,327j 895,530
750,799
Southern consumpt'n to May 1 414,0001 406,000, 377,000 331,000
Total in sight
May
16.
',040,808 6,764,639 6,701,131 6,257,130
Northern spinners takings to
May
16
1,682,019 1,613,149 1,612,428 1,467,057
It will be seen by the above that the increase in amount in sight
to-night, as compared with last year, is 276.169 bales, the excess as
compared with 1887-88
is
339.677 bales and the gain over 1886-87
reaches 783.677 bales.
Weather Reports by Telegraph.—Reports
to us by telegraph from the South to-night are generally of a favorable
tenor. The water is subsiding steadily on overflowed lands,
and as fast as it goes off seed is being put in. Elsewhere the
crop is developing promisingly as a rule, and in some districts
good stands have been secured.
Galveston, Texas.- The weather has been dry all the week.
The thermometer has ranged from 67 to 80, averaging 74.
Palestine, Texas.— We have had showers on two days of
the week, the rainfall reaching ninety.«ight hundredths of an
inch.
Replanting
is
active
Upland crops are doing
in
well.
overflowed
river bottoms.
Average thermometer
70.
highest 84, lowest 56.
Huntsville, Texas. It has been showery on one day of the
week, the precipitation reaching eighty hundredths of an inch.
Trinity bottoms are still overflowed, but in uplands both corn
and cotton are thriving The thermometer has averaged 75,
the highest being 90 and the lowest 60.
Dallas. Teojas.— There have been showers on one day of the
week to the extent of thirty-three hundredths of an inch.
Crops are doing well, except in low bottoms which are being
replanted as the waters subside. There will be an increase in
cotton acreage and a decrease in small grains, and perhaps
also in corn. The thermometer has averaged 74, ranging from
62 to 86.
—
—
the lowest 62.
Cuero, Te.vas. There have been hard showers on two days
during the week, the precipitation reaching one inch.
have had too much rain for bottoms, but uplands are doing
well, though many crops are grassy.
The thermometer has
We
ranging from 68 to 92.
We have had showers on three days of
the week, the rainfall reaching forty-three hundredths of an
inch. The Brazos overflow is subsiding and replanting has
begun. Uplands are doing reasonably well, though there is
complaint of grass. The thermometer has ranged from 60 to
90, averaging 7.5.
Belton, Texas. The weather has been dry all the week
80,
—
—
work and
Average thermometer
for replanting
73, highest 94,
where necessary.
lowest 52.
Weatherford. Texas. —There has been one light shower
during the week, the precipitation being four-hundredths of
an inch. Planting and other farm work are active. The
thermometer has averaged 70, the highest being 86 and the
,
11%
11%
10%
RalKish
Natchez
RectivU at tht Ports,
74, highest 85, lowest 64,
Columbia, Texas. It has been showery on one day of the
week, the rainfall reaching forty-nine hundredths of an inch.
Brazos bottoms are still overflowed, but the water is now subsiding, and land will doubtless be clear in time to replant.
The thermometer has averaged 72, the highest being 82, and
splendid for farm
Ilia
H'le Shreveport
Receipts From the Plantations. The following table
indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statemsnt of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outports.
Entting-
mometer
Brenham, Texas.
11%
12»8
ll's
123,„
—
averaged
11%
11=8
The closing quotations to-day (Friday)
Southern markets were as follows:
Atlanta
Columhus, Ga.
Columbus, Miss
Eufaula
,
11%
11%
11%
Iise-Uje ll%~ii,e
lisg
119ie
1158
11 ^n
11
ll'ie
11%
11%
11%
11%
12<H
il=8-n,„ 115g-ll,
11%
I*
San Antoyiio, Te.ras.— We have had dry weather all the
week, and young crops are very promising. The thermometer
has ranged from 55 to 89. averaging 72.
Luling, Texas. There has been no rain all the week. Work
has been resumed, and with continued dry weather we will
get out of the grass soon. Prospects are fair. Average ther-
—
Ilia
11%
11%
11%
Wllmtngton
Bavannah
Charleston.
PH.
im
llVj
1158
11'8
Mobile
OK—
Tliiirs.
LVou
lowest
New
the
54.
—We
have had rain on two days of
Orleans, Louisiana.
to the extent of eighteen hundredths of a inch.
week
The thermometer has averaged
Shreveport, Louisiana.
hundredths of an inch.
58 to 89, averaging 73.
74.
— Rainfall
for the week forty-nine
The thermometer has ranged from
—
Columbus, Mississippi. It has rained on four days of tha
week, the precipitation reaching one inch and seventeen hundredths. Average thermometer 65, highest 84, lowest 44.
Leland, Mississippi. We have had rain on three days of
the week, the rainfall reaching one inch and fifty-three hundredths. The thermometer has averaged 70.6, the highest
being 88, and the lowest 50.
Helena, Arkansas. It has rained heavily on three days of
the week, the precipitation reaching three inches and twentynine hundredths. We are having too much rain. The weather
Crops are progressing slowly. The
is now clear and cool.
overflow is not all off yet. The thermometer has averaged 68,
ranging from 52 to 87.
Montgomery, Alabama. We had light rain on five days in
the early part of the week to the extent of ninety-five hundredths of an inch. Cotton stands are perfect and doing well.
The thermometer has averaged 72, ranging from 51 to 85.
Nashville, Tennessee. Rain has fallen on four days of the
week, the precipitation being one inch and eighty-eight hundredths. Average thermometer 64, highest 81, lowest 46.
Memphis. Tennessee.— Hain on six days of the week has delayed planting operations. The rainfall reached two inches
and two hundredths. Nights have been too cool. The thermometer has ranged from 54 to 87, averaging 70.
Telegram not received.
Little Rock, Arka7l.^ias.
Vicksbnrg. Mississippi. Rain has fallen on three days of
the week to the extent of two inches and four himdredths.
Aberage thermometer 73, highest 95, lowest 52.
Aulmm, Alabama. Telegram not received.
Mobile. Alabama. The crop is developing promisingly; no
serious damage was done by the recent low temperature. Rain
has fallen on one day of the week to the extent of twelve
hundredths of an inch, The thermometer has averaged 72,
the highest being 83, and the lowest 54.
Selma, Alabama.— There has been rain on one day of the
week, the precipitation reacliing four hundredths of an inch.
The thermometer has ranged from 55 to 85, averaging 70.
Madison. Floi tda.— The week's precipitation has been one
inch and thirty hundredths on two days. The thermometer
has averagad 71, the highest being 88 and the lowest 50.
Columbus, Georgia.— It has rained on three days of the
week, the rainfairreaching two inches and sixteen hundredths.
The thermometer has averaged 72, ranging from 62 to 80.
Savannah, Georgia. Rain has fallen on three days of the
week, to the extent of seventy-five hundredths of an inch.
The thermometer has ranged from 54 to 89, averaging 73.
Augusta, Georgia. General rains, very beneficial to the
plant, have fallen on three days of the week. The rainfall
reached one inch and forty-one hundredths. We are having
good crop weather. Fields are clean and stands good. Accounts
Average thermometer 73, highest 90,
are very promising.
—
—
—
—
—
—
—
—
—
—
lowest 46.
Charleston, South Carolina.— ^tain has fallen on four days
of the week, the rainfall reaching eighteen hundredths of an
inch. The thermometer has averaged 73, the highest being 82,
and the lowest 59.
Stateburg, South Carolina.— 110.111 has fallen on one day of
the week, to the extent of fifty-five hundredths of an inch,
the chopping out of cotton is progressing, and stands are
good. The thermometer has averaged 683, ranging from 46
to 85.
Wilson, North Carolina.— It has rained on two days eof th
week, the precipitation reaching one inch and eighteen html
Mat
THE CHRONJCLR
17, 1890.J
Crops are doing splendidly. The thermometer has
ranged from 48 to 85, averaging 71.
The followhia: statement we have also received by telegrapli,
European Cotton Consumption foe Mat 1.— We have
dredths.
O'clock
May
named
hei-'ht of the rivers at the pointH
and May 16. 1889.
showing the
at 8
15. !«»<>.
711
received to-day, by cable, Mr. Ellison's ootton figures brought
down to May 1. The revised totals for last year have also
been received anl we give them for oompariain. The spinaer**
actual bales and pounds have been as foUowj:
takinics in
May
May
15. '90.
Feel.
16. '89
Feel.
New Orleans
14-3
Above low-water mark.
23-4
Above low-w'ater mark J
16-7
Above low-water uiurk.
NashvUlp
32-2
Bbreveporl
Above low-water mark.
46-5.
Vloksburg
Above low-water m ark.
Note.— Henorts are now made In feet and tenths.
la May 1.
For 1889-00.
i-'i
150
—
Ikdia 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 May lo.
BOMII.IV HKCEtPTS ANI' SlIIl'MUNTS FOII FOUR TE.vRS.
I
Shipments
Sb ii»H enta since Jan.
this week.
Total.
For 1888-89.
TAklngs by splaners .. .bales
Ivenkge weight ot bale* .lbs
2,138,000
2,442 000
4,580,000
460
451
459
083,668,000 1.101.450,000 2,085,118,000
According to the above, the average weight of the delivariea
Great Britain is 473 pounds per bale this season, a^dinrt
160 pounds during the same time last seasoa. The Continental
deliveries average 457 pounds, against 451 pounds last year,
and for the whole of Europe the deliveries average 461'5
Receipts.
1.
Oonllnenl.
2,162.000
2,423.000
raUDK* by spinners. ..bale*
4,^85.000
4')7
473
Average weight of baler.lbs
46 fS
TAklnge Id pounds
1,022,626,000 1,107,311,000 2,129.937,000
13-3
I
OrecU Britain.
Ocloberl
5-5
12-n
Memphis
in
Total.
pounda, against 455 pounds. Our dispatch also gives the fiill
movement for this rear and last year in bales of 400 pounds.
,'ih
Shipm4nt8 siiwe January
ipmcnls for the week.
Great
Contlr
nint.
Jtritaiu.
Great
Total.
Continent.
Britain.
1.
Total.
Calcutta -
Oct. 1 to May 1.
Bales of 400 lbs. each,
000s omitted.
1889-90.
Oreat
Britain
0*mti-
1888-89.
Oreat
Conti-
Britain.
Total.
neni.
nent.
I
1890
1889
Madras
1890
1889
AU others—
1890
1889
21,000
26.000
5,000
62.000
38.000
r.,000
4,000
1,000
17,000
14.000
31.000
41.000
40,000
58,000
84.000
54,000
181,
180,
236,
463,
243,
167,
176.
219,
419,
338,
292,
361,
S20,
699,
612,
295,
255,
343.
304,
633,
559,
46,
398.
41,
340,
87,
40,
738,
331,
39,
333,
669,
444.
308.
381,
320,
825,
623,
371,
300,
377,
304,
748,
604,
136.
442,
61,
197.
960,
71,
403,
73,
518,
454,
144,
857,
578,
335,
579,
400.
1,167,
474,
375,
527,
380,
1.001,
193,
398,
179,
508,
.372,
99,
425,
147,
546,
246,
971,
591,
308,
685,
324,
1,276,
521,
308,
693,
316,
1.217,
632,
283,
317,
3«1,
454,
614,
771,
216,
334,
377,
330,
593.
714,
Total supply
Oonsump. Feb., 4 wks.
5,000
283,
Takings in February.
01.00(1
5,000
2,000
14,000
27,000
Total all 1890...
1889...
600,
308,
815,
324,
1,415,
757,
316,
1,307,
632,
550,
308,
292,
377,
.491,
783,
801,
242,
409,
441,
452,
683,
861,
669,
335.
913,
405,
1,581,
651,
335,
893,
395.
1,544,
790,
1
284,
342,
•MO,
346,
791,
688,
266,
314,
498,
407.
764,
721,
Total supply
Apr., 4 wks.
626,
308.
8 --.6,
1,482
632,
580,
303,
90.'>,
1,485,
324,
316,
624,
May 1
318.
532,
850,
272,
589.
861,
Spinners' stock Oct 1.
Takings lu October...
12i,000
1 2.000
1
0.000
7,000
Total supply
Jonsump.
Oct., 4 wks.
aplnrers' stock Nov. 1
Takings in .Vovember.
1.000
The above
4,000
:
5,000
'
that the movement from
Ihe ports other than Bombay is 5,000 bales more than the same
week last year. For the whole of India, therefore, the total
shipments since January 1, 1890, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE FROM AI,!. INDIA.
1890.
Europe
from -
1889.
Sinee
This
week.
Jan.
1888.
Since
This
week.
1.
Oonsump. Nov., 4 wks.
Spinners' stock Deo. 1
Takings la December
Total supply
Oonsump. Dec, 5 wks.
Spinners' stock Jan. 1
Takings
Shipments
to all
Total supply
1
week show
totals for the
Jan.
This
week.
1.
Since
Jan.
January..
in
Total supply
1.
Consnmp. Jan., 4 wks.
Bombay
71,000 1,029.000
5,000 124,000
All other ports,
Total
!
948,000
112,000
45,000
1,000
591,000
125,000
76,000 1,153,0001 25.000 1,06 ,000
46,000
716.000
25.000
—
Spinners' stock Feb.
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 Spinners' stock Mch. 1
the movements of cotton at Alexandria, Egypt. The following Takings in March
are the receipts and shipments for the past week and for the
Total supply
corresponding week of the previous two years.
Consuuip.
Mar., 5
Alexandria, F.gypt,
1889-90.
Eeceipts (cantars*)
This week
BInce Sept.
1888-89.
1887-88.
5,000
3,138,000
3,000
2,718,000
3,000
2,867,000
Consump.
l
This
Since
week. \Sept. 1.
This
Since
week. Sept. 3
[
This
Since
weelt.
Sept.
1,000 253,000
3,000:149,000
.
1,000 220,000
3,000 148,000
4,000 402.000
98 pounds.
A oantar Is
2,000238,000
1,000 151.000
4,000 368,00011 3,000:389,000
Oct. 1 to
SoJiM of
May
400
—Our report received by cable to-night
from Manchester states that the market is "firm for both
yarns and shirtings. The demand for India is good, but for
China poor. We give the prices for to-day below, and leave
those for previous weeks of this and last year for comparison:
1890.
8M
Twist.
d.
d.
18S9.
lbs.
Shirtings.
s.
d.
a.
Ap.ll85ie»8tiif 6 2 ®7
" i8a»,i,»8ii„ 6 3 a7
" 25 8% a8% 6 3i3®7
May 2 8'i8«8iait 6 4 ®7
'
981,Ba813„ 6 4 »7
.„
" 16 8T;aa'813|e6 4 «7
d.
3
3
3>8
4
4
4
Cotrn
Mid.
32»
Twist.
lipids
d.
618
6»i«
67'«
HM
C<yp.
d.
d.
8.
Sljg «89i« 6
6'i()
8'i8»8nif 6
•»8i2
8
6
®8i2 6
8
®8ia 6
8
_
6Ja
8
®8i9
Cotrn
MUl.
Vplds
lbs.
Shirtings.
!6
d.
3
s.
-a?
A.
d.
3>4
4 »7 41a
li2»7 2
lia®? 2
li3«7 2
li3»7 2
5i5i«
6
6
6
6
I
6
JCTE Butts, Bagging, &c.— The demand for bagging has
been moderate and prices favor buyers, the feeling being easy,
and sellers are now quoting 6c. for li.^ lb., 6i^c. for 1%" lb.,
7J^c. for 2 lb. and 8c. for standard. Not much inquiry is reported for jute butts, but the market is steady at l-57i^@l'60c.
for paper grades and l^@2^c. for bagging qualities.
year
is
1
755,
624,
624,
780,
made m)re
1888-89.
1889-90.
Great
Britaiv
Oonti-
55.
2,55',
181.
2,768
236,
5,325.
52.
167.
219.
2,159,
2,753.
i.212,
Sapply
2.612.
Ooasumptl'n 30 weeks 2,291.
2,919,
2,117,
5,561,
4,711.
2,511,
2,239,
2,920,
2,331.
J.431,
532
850.
272,
989.
861,
83.0
80,0
80,0
81,0
81.0
81,0
81,0
156,0
157,0
157,0
158,0
158.0
158,u
158.0
Spinners' stook Oct.
32» Oim.
904.
79,
Oreat
Britain
This statement shows that the receipts for the week ending
14 were 5,000 cantars and the shipments to all Europe
4,000 bales.
last
1.
each.
000s omitted.
Ibt.
May
Manchester Market.
421,
'85,
52,
striking by
biiogiag together the abovd totals and aiding the average
weekly consumption up to this ttmj for ths two jexra.
The comparison with
Total Europe
*
Spinners' stock
55,
1.
Exports (bales)—
To Liverpool..
To Continent
wks
Spinners' stock Apr.
Takings in April
May 14.
Total.
83.000
Takings to
May
1.
1
,
Spinners' stook
May
1
Weekly Consumption,
00» omitted.
In October
November
In December
tn
In January
In Febraary
In March
In April
318.
*76,0
77,0
77,0
77,0
77,0
77.0
77.0
Total.
nenl.
•75,0
79,0
79,0
77,0
77,0
77,0
77,0
Conti-
nent.
76,0
76,0
76,0
79,0
79,0
79,0
79.0
Average as given bv Mr. EU'.son: dedaotloa mad) from moath'd
on account of stoppage of spiudles.
*
rotoi.
1,570,
151,0
191,0
151,0
156,0
156.0
156.0
156.0
total
The foregoing shows that the weekly consumption is now
400 pounds each, against 158,000 bales of like
weights at the corresponding time Ust year.
Taa total
spinners' stocks in Great Britain and oa the Contiueat have
iDcrea8'>d 66,0i)0 bales daring the month and are now 11,000
bales less than on the same date last season.
15'?,000 bales of
THE CHRONICLE.
712
[Vol. L.
AawcuLTURAi, Department Eeport.—The report of the
The tone of the Liverpool market for spots and futures each
Department of Agriculture showing the condition of the day of the week ending May 16, and the daily closing prices
cereal crops on May 1 was issued on the 10th inst., and is as of spot cotton, hare been as follows:
follows:
Tlie offlclal report of the condition of winter grain May Ist makes a
re<luctlon of one point In wheat, the average being 80. The rye averis maiutained. being 935, and barley, 816. The areas in which
the roots were not too severely frozen have improved during the past
month. In others the injury is shown to be greater than appearances
indicated. Borne correspondents state that It is yet too early to know
the amount of vitality and ultimate degree of development of the
plant. The drained fields suCTeref
least Injary. Heavy
clays,
undrained and level, are, as holding moisture, wtrA In many places
totally destroytd, hence the heaviest decline In condition
almost
appears in Indiana and Illinois A pari of the Ohio breadth improved,
while a large part declined, causing a fall of 5 points for the State.
loss in condition is reported in Texas from the ravages of an aphis
or plant louse. There is a decline throughout the Southern belc from
injury by the March freeze, and depredations of insects on the other
hand. There I- a partial recovery from the very low condition of April
on the Pacific Coast, and an improvement in Ka-'S s, Michigan, KentacKy, Tennessee and in New York. The averages of condition
for
th« States of principal production are as follows:
York, 91; Pennsylvania, 96; Ohio, 82; Michigan, 73; Indiana,
68; Illinois, 64; Missouri, 82; Kansas, 92; CaUfumia, 82 and
Oregon, 95. The Southern States producing wheat— Maryland,
98; Virginia, 95; North Carolina, 80; Georgia, 65; Tex is, 67;
and Tennessee, 82. The condition of miwing '1
averag^ia 9-29, and
that of pastures 93, indicating a good prospect for a medium produc
tion. The reported progress of spring plowing and planting indicates
an average s'ate of forwardness of farm worlt. Tliough there are local
inequalities in the record, it is relatively located in the Ohio Valley, in
southwest Missouri and on the Pacific o'as^ It Is earlier than usual in
the North wes% and on the Atlantic coast south of Delaware. It is an
average in the Middle States and in New England. An investigation of
all the wages of farm labor has been made. The monthly rate of wages
has not deehned, compareri with the last previous report, ihat of Mav,
1888. The average for the oountrr is unchanged, though slight local
fluctuations arc reported.
scarcely appreciable increase appears in
the Eastern and Middle States, and there is someincr ase in Virginia.
There is a slight red\iction of the rates of the Pacific coast region, which
are still relatively high throughout the central areas, north and south.
The averages are practically the same as two years ago. Itisevideat
that the depression in prices of corn and oata and their products has
not affected the wages of agricultural labor,
age
A
New
md
A
—
SHIPPING News. The exports of cotton from the United
States the past week, as per latest mail returns, have reached
19,633 bales.
_
0EW YOEK—To
Total bala.
Liverpool, per steamers Arizona, 555
Aurania and Bothnia (additional), 1,016
City of Chicago, 763
Helvetia, 1,661.... Laplace, 637. ...Majestic,
815
Umbria, 303
To Hull, per steamer Martello, 799
To Havre, per steamer LaBretaene, 95
To Hamburg, per steameis Moravia, 1,371
Slavonla, 282
To Amstetdam, per steamer Amsterdam, 204
To Antw.rp, per steamer Westemland, 600
To Barcelona, per eteimer Alesia, 600
To Genoa, per steamer AJesia, 300
^EW Orleans—To Bremen, per steamer European, 4,697
To Onorto, per bark Maria, 50
Boston— To Liverpool, per steamers Bulgarian, 22 ...Cephalonla, 40
Norseman, 660
Baltimore—To Liverpool, per steamer Queensmore, 1,977
To Bremen, pi-r steamer Main, 186
Philadelphia— To Liverpool, per steamers British Prin-o,
1,308. ...Pennsylvania, 641
Total
New
York.
5,S00
14,000
1,500
7,000
1,000
Qnlet,
Steady,
Dull,
Firm,
Quiet,
Barely
steady.
8,000
1,000
Steady at
at
1-64(32.64
advance.
Very
Barely
steady.
steady.
}
J
Barely
steady.
The opening, highest, lowest and closing prices of futures at
Liverpool for each day are given below. Prices are on the
basis of Uplands, Lo sv Middling clause, unless otherwise stated.
T^e prices are given in pence and 64<A« ^l^s: 5 83 mean'
S 63-64<<., and 6 01 ntcant 6 1-64(1.
pr
Sat.,
May
Olot.
d.
d.
68S 628 628 628
May-Jane,. 6 28 6 88 6 28 628
JuneJuly.. 6 28 6 SO 6 29 630
1
6 30
6 31
AoK.-Sept,, 6 2S
Juiy-Aus
August
—
.
September, B28
6 07
6 62
NoT.-Deo... 6'M
Dec-Jan... 5 68
Jan,-Feb.,, 5SS
Sept.-Oot,..
Oct.-Nov,
6 80
6 31
6 29
6 29
6 07
5 62
6 29
6 29
8 07
5 62
5 59
5 69
5 59
6 SI
6 SI
6 28
6 28
6 31
6 31
5 62
6 07
6S9 5 59
568 5 59
568 5 69
May
Olot.
0pm
d.
d.
i.
d.
6 30
6 80
i.
6
6
6
6
Tne«„ May 13.
I'i.
6 33
6 30
6 31
6 32
8 32
6 30
6 80
680
8 29
8 29
6 80
6 81
6 32
Open High Low.
d.
d.
May
Men.,
10.
Open H<«k Low.
Op«i
June-July
4,697
July- Aug
50
722
Low.
i.
204
600
600
300
May
May- June,,
Augnst
.
.
6 30
6 30
6 ,S0
6 30
6 32
(Hot.
d.
d.
<J.
30
30
31
6 32
32
633
6 88
6 33
6 30
6
6
6
6
5
5
680
6 09
6 00
5 61
5 BO
6 60
31
31
09
00
5 61
61
6 80
6 31
6 32
6 33
6 31
6 31
6 09
6 00
6 61
5 60
6 6J
6 00
61
5 60
5 80
661
Ttaars.,
8r9
May
High urn.
d.
6 SO
6 30
6 32
8 89
6 29
6 30
633
8 31
6 34
8 82
6 03
5 83
5 eo
5 69
6 59
'
CIoi,
d.
629 6 32 6 29
629 6 32 6 29
6 10
8 00
5 61
5 60
5 60
rn..
13.
iyOW. Clot.
„*
d.
2fl
6 29
629
6 31
6 81
B30
6*3 683'632 633
6 33 634 6 32 6 33
6 31
6 31
6 30
6 30
6 08
6 62
6 59
5 58
6 81
Aug.-Sept,. 6 81
6 32
6 32
186
Sept,-Oct,.. 6 09
Oot.-NoT.,.. 5 63
6 61
5 60
6
6 31
6 31
6 81
6 10
Nov.-Dec... 6 60
Dec.- Jan... 5 69
Jan.-Feb... 559
'
631
609 6 09
600 5 63 5 63
6 60
5 59
560 559
6 60
5 59
5 59
'
d.
6 28
» 2S
6 80
6 31
6 31
6 80
6 30
6 08
5 63
6 59
5 58
6 58
6 28
6 28
6 80
6 31
6 32
6 30
6 80
6 03
6 63
6 59
5 59
5 59
upm
d.
6 28
'»
*8
1,977
1,949
Open
6 29
September, 6 31
6 08
5 63
d.
630
6,SO
6 32
8 33
6 34
6 32
6 32
6 10
6 00
5 59
561
680
569
6 60
560
May 16
6 28
6 80
6 32
6 3^
6 30
6 80
6 08
5 62
559
5 69
558 559
1
'
iigh Low,
d.
6 28
8 28
6 30
6 31
8 31
6 30
6 30
6 08
5 63
5 60
5 59
d.
6 28
6 27
628 6 27
630 629
632 6 80
am.
d.
6 27
6 27
82S
630
6 30
6 29
6 29
8 81
6 29
607
583 5 61
SCO 5 59
5S9 558
8 08
8 32
6 30
8 80
6 09
559 '6 59 5 58
«29
608
559
558
658
BREADSTUFF S.
....
-...
....
....
....
^18
h«
"is
6l8
=^16
the market.
....
....
....
....
.—
e.
'n
'le
'16
'la
'i.
722
186
2,163
1,949
Satur.
Havre, steam
sail
Bremen, steam
e.
Mon,
Tuet.
n,«
158
"l28
"1J8
Ha
%a
^32
11;
'32
Do via Indirect.!;.
....
>...
^16
'le
'16
>-••
45*
45
FH.
'is
....
ha
Hunburg, steam.e.
JimaVd'm, steam.e.
Weanet. Thun.
....
indirect. e,
....
....
45*
....
...*
45*
....
45-
indirect.. <t.
sail
61a
8,000
1,000
Friday, P. M„ May 16, 1890,
The market for wheat flour has been dull throughout the
week. Prices have favored buyers, but do material reduction
can be made in the range of quotations. Concessions have
been made, but not to any great extent, and the inactivity of business has been the dominant feature.
Yesterday
the products of winter wheat showed morestf-adiness, that is,
more business could have been done if full prices had not
been insisted upon. Ivye flour is steady, but corn meal somewhat unsettled. Today wheat flour was firmly held, but
some recent purchases for export were again thrown upon
722
1,977
1,949
Liverpool, steam d.
Do latedellv'y.d,
Do
Market,
4 p.m.
1,653
799
93 6,536
804
900
50 19,632
Octton freights the past week have been as follows:
Beval, steam
Steady
Quiet.
Wednes., May 14.
Total.... 10,448
Do
6is
Futures.
Market, }
1:45 p, i.J
799
95
Brem'.n imster- Barced Ham- dam dk lona A
burg, inlw'p. Genoa Oporto. Total.
95 1.653
804
900 .„... 10,051
4,697
50
4,747
799
demand.
favor,
6ifl
e.
Boston ....
Baltimore.
Philadelp' a
Do
3peo.&exp,
10,000
1,500
In buyers' Moderate
rirm.
61s
7,000
1,5C0
Sales
Bull. Havre,
N. Orleans
Do
6'ie
Friday.
5,800
19,632
vool.
Mia.TJpl'd8.
Steady.
Wednet. Thursd'y.
•
The particulars of these shipments, arranged in our usual
farm, are as follows:
Liver-
Saturday Monday. Tuetday,
Spot.
Market, ) .Moderate Moderate
1:45 p. M.^ demand. demand.
45*
....
....
....
....
....d. ^3.t«ih^^>a2'»l^M^32'^^^^n ''sa»i''t4'''32®i'6i
d.
....
732®16j4
I
Baroelona,steam d.
Genoa, steam .. .d. 1.84®
"32
I4
".12
log
1».
^64
Trieste, steam... d.
Antwerp, steam d.
• Per 100 lbs.
"«»
I
»64g''.12
''6«'ai'3S
^o4'a°33
°.4®^aa ' 4»^s a
Liverpool.— By cable from Liverpool we have the following
statement of the week's
sales, stocks, &c., at that port.
April 25
Bales of the week...
May
2
May
9
May 1
72,000
74,000
41,000
61,000
3,000
4,000
1,000
3,000
5,000
7,000
6,000
9,000
53,000
50,000
28,000
44,000
Aotaal export
1 ,000
8,000
6,000
9,000
Forw-inlwl
87,000
84,000
76,000
65,000
Tot il stock— Estimated
1,111,000 1,070,000 1,036,000 1,011,000
Of which American— Estlm'd 840,000 793,000 760,000 735,000
Total Import of the week
95,000
54,000
47,000
49,000
Of which American
51,000
21,000
28,000
30,000
Amo'int afloat
146,000 118,000 115,000 100,000
Of whtyt- AiK«rican
45.000
45.000
40,000
20,000
bales
Of wliloh exporters took
Of which speculators took...
Bales American
1
'
1
'
The wheat market was quite depressed early in the week.
The repnrt from the Department of Agriculture on the condition and prospects of tbe crop on the 1st of May was the
chief element of depression, but this influence was supplemented by dull foreign advices and the fall of warm rains
over a considerable portion of the whea'-growing sections.
There were occasional reactions, due to speculative manipulation, and yesterday there was some rec )very in values,
which was ascribed to the renewal of unfavorable crop
accounts from St. Louis.
To-day these reports were reiterated, and a demand to cover contracts caused a further
advance.
OAILT 0LO8IHO PRICES OF HO, 2 RED WnTTEB WHBAl'.
Thnr:
Sat.
Mon.
Tue*. Wed,
Maydellvery
99%
June delivery
99
o.
0.
Jnly delivery
0.
August delivery
0.
September delivery ....0.
9SJ4
96^2
9iifl
99>s
99^4
97^8
95'2
9458
Q'a\
Frv.
9?
97i«
97\
QSiSg
97\
97
9719
95%
96%
98is
97I3
937^
92^8
9478
93%
oe^s
9tia
93'a
95t)
91'^
95%
95
December delivery
97
0. 9713
OS's
Indian com was a good deal depressed early in the week by
the excessive supplies that came forward from the Erie Canal
sympathizing at the same time with the course of the wheat
market. Samples of the same nominal grade sold about a
half cent lower if received by canal than If received by rail.
At the lower prices for prompt delivery there was very free
buying for export, and the local trade was brisk. To-day
sympathy with wheat and colder weather in the corn-growing sections, with reduced offerings for immediate delivery,
gave an upward turn to values.
May
17,
THE CHROIsiCLE
1890.J
DAILT OLOSIMO PBIOES OV HO, 2 lOXXD COBR.
Wed.
Thur:
luet.
'Bat.
Mon.
40%
42
40%
4':>«
4i''8
o.
delivery
Hay
June delivery
July delivery
August (\illvcry
Bepttmber delivery
il\
4259
la's
43>fl
0.
o.
41»8
43 Og
o.
c.
Pri.
41
41'4
41'-j
41%
42%
42
42»8
42<>r<
42%
433a
43
43^8
Oats have been a little irregular, Mixed grades have been
in better supply for prompt delivery, and, although taken fur
export, have ruled a fraction cheaper, the sales for this account yesterday embracing 80,000 bushels of No. 2 mixed at
34Vc. afloat, but white grades developed increased strength.
To day there was a smart advance and 100.000 bushels No. 3
white were taken for export at 2,1)40., c. f. i. Rye has been
quiet but is firmly held.
DAILT OlrOSINO PaiOBS OF HO. 2 lUXHD OATR
8at.
MaydeHvery
June deUverv
Xon.
33>4
Wed.
33>a
Tuet.
33%
32%
32%
0.
0.
33
Thur$.
Pri.
33%
34
>«
33
3358
32%
32%
33
33i«
32''9
3^%
32%
33
c.
JulydeUvery
The following are closing quotations for wheat flour in
barrels. (Corresponding grades in sacks sell slightly below
these figurt s)
FLona.
Fine
f bbl. »2 00»$2 30 Patent, winter extras. *4 75a$5 28
4 45» 4 60
2 30» 2 80 City shipping,
Superfine
C5»
30«
75®
4 30»
5 25»
2
3
3
Extra, No. 2
Extra, No. 1
Clears
Biralglits
Patent, spring
Wbeat—
3
4
4
4
Bed winter
White
Oom—
0.
.,
OBAIN.
Western yellow
O104
_ .» _
98%al01
85 «102
90 3102
Western
259
459
2 40
...
40
44
40
44
56
56
34
37 a
34Ja»
60
wtilte
Eye—
Westernf ba
State and Jersey
Oata-Mlxed
White
No. 2 mixed
42
4 1 13
3 23
2 90
2
2
&o
Brandywine
90
38 »
West'n mixed
Wesc'n mixed No.2. 40 "a a
2
FUie
Western,
103
804
3
flour, superflne..
Com meal
5 80
c.
Spring, per bush...
Spring No. 2
Redw.nterNo. 2..
Kye
35
10
25
80
..
36
43
35%
38
>u
10,
tion.
serious delays have occurred from excessive raln.f, overflow of bottom lands and floods from the rise of great
Keplantlng is necessary whore the seed has rutted In the
rlveis.
ground. Great scarcity of sted Is reported in parts of Tennessee.
Usually nearly seven-elxhths of the cotton area Is seeded before the
planted. The
1 his year only three- fourths have been
close of Airil.
Virginia, 55
proportions in the several Stati 3 are reported as follows
per cent North Carolina, 77; South Carolina, 8-i; Georgia, 86; Florida.
Mississippi, 63; I^oulslana, 70; Texas, 75; Arkau87; Alabama, 85;
From Alabama westward
:
;
60 Tennejsoe, ^7. Average, 7,58 per cent.|
In the Mississippi River bottom fands the fear of floods, as W( 11 as
actual uverilows, prevents planting, which w 11 be actively pushed as
the waters subside and the danger becomes less imminent.
«as,
;
The proportion of the crop planted May 1 this year in comparison with the four previous years, and also with an average
year, as given in a previous report of the Agricultural Bureau,
18 as follows
.
:
Proportion of Crop Planted
STATES.
1.
Proportion
Planted
May
1888.
1887.
1886.
Av^geVear.
84
30
70
80
84
96
88
84
83
82
80
SO
30
71
84
85
95
83
80
78
76
77
76
94
80
76
77
84
75
77
35
67
81
83
97
88
85
89
87
83
80
87
79-9
82-4
SO
86
55
77
Virginia
North Carolina
South Carolina
Georela
Alabama
86
86
87
85
Mississippi.... ......
65
Louisiana
70
Florida
.......
Texas
Arkansas
....
87
SI
87
88
89
90
86
75
60
57
75-8
Average
1,
1839.
74
86
1890.
*
May
53
82
83
to
market
is
indicated in
/tour.
Whtat.
Oom.
ooe».
Barltv-
thi
Kw
BMa.IWlIu BuMKeoWt But*.8ei6, Bu<ll.S2II» Bujfc.48U< Bu-Se
dUoago
MUwankee.
Wa56
.
Dnlath
HUnnespoUs.
Toledo
OMTOit..
Cleveland.
.
.
..
auLonlg
PeorU
Tot.wk.'90.
Same
game
ok.'SS.
wk.'88.
8«n«< Aug. 1.
1886-80....
5t3,9«0
1,813.539
146,701
6.540
178,&0O
91.956
29.170
843
1,248
697.42)
33.307
34.950
1,107,665
1^4,900
981
46U
63.668
70.365
174.358
316,000
19,892
18,861
700
16,900
16.013
27,000
3.3CO
8,110.637
3.M0AX
8.10,367
1.420,421
1,203,633
142,017
42.209
«41.38»
1.496.659
1,495,395
401,414
234,627
177,209
3,67S.6«4 106.149.302. 142 ,307.498
71,298.234
24,143,646
6,305,466
66.714,971
24,286,748
2-:
861
4,430,688
i,?m 9
94,608
726.963
4.J64
3.435
37.t01
12,637
S!9.5«
64.640
68.282
2.550
264,354
IB8.778
246,096
1888^....
7,e58,8!«
»,l«2,tib(<
)
16,
1,204.602
102.000
9.068
"jfffl-es....
.
189 091
234.816
165.810
67.16 D
]4,400J
1,648,760
80,W7,»41
94,217.800
K,iJi,-.TO. t9.20S,777
flc,<):o,s5s
Bu'h.
732,023
71,917
Bbt*.
199,675
614.229
381,937
232,575
7,453
17.254
28.740
151
8,998
46',r28
Tot. week.
430,538 2,232,356
153,225
254,511
S'me time
1889
540,290 1,370,266
119,050
10,733
181,033
15,331
Boston...
Portland,
tfontreal.
PkUadal.
Baltim're
115,949
S. Orl'na.
llJ..'iO0
News..
5,725
NT.
Rlohni'd
The
70.635
19.994
Peat.
Bye.
Oati.
Btuk.
190,295
5,000
RutA.
I
80,470,
19,188
Bueh
2,013
2,044
13,50S
.
92,975
4,956
I
visible
6,403
supply of grain, comprising the stocks in granary
and seaboard
it the principal points of accumulation at lake
10, 1890:
ports, and in transit by water,
May
Wheat,
NewYork
00 afloat.
CUoago
Milwaukee
Dlluth
Toledo
Detroit^
Oswego......
St. Louis
.
afloat.
...
Philadelphia.
Peoria
Indianapolis.
Baltimore
Minneapolis
Paul.
at.
On
Mississippi.
Tot.
Tot.
Tot
Tot.
.
river.
May 10,'90.
May 3,'li0.
Tot May
May
May
OaU,
buth.
lyuek.
109,044 275,899
304,500
259,800
62,000
'eo'.ibo
835,589
446,460
92,173
4,021,319 3,781.381
791.634
709
1,350
460,778
411,0701,126,016
4,014,692
544,080
341,601
5,328
162,494
23,948
15,663
23.000
76,000
'45,5'75
204,399
619,349
90,869
7,000
"s'roo
15,000
4,954
299.575
26,982
123,876
'68.669
116,603
167,157
62,401
387,009
119.827
7.086 134,557
7,359
40,191
14,500 129.023
137 389
359,324
42.898
7,812',462
30,597
74,677
275,000
19.900
216,567
91,210
1,107,875 1,612,791 1,03«,206
768,000 2,053,100
57,900
1,208.202
Albany
BtiaUo
On Lakes
On canal &
Oom,
btiMh.
/n (tore at—
Rye,
btuh.
Barlty,
28,289
40,900
28,000
76,158
402.435
68,766
36,039
bitth.
2.000
169,788
136.404
100,175
"2,741
"1,753
2.993
"4,966
9,348
130,000
10,842
3,006
'22.0<)e
123
9,291
60,949
5,225
66,183
91.034
25,881
i',503
'9,670
84,482
161,500
22.791,913 11.415,428 4,201,166 1,019.144
3,734.165
990,521
6,763,655 1.363,799
4,108,084 242,388
3,805,ti30
326.372
23.456,.'i99 12,689,935
11.'89. 23.850.475 1 1.231.430
2H.271,771 6,924.504
12.-88.
14,'87. 44,458.102 13.766,160
782,891
830,767
599,380
613,838
267,069
THE DRY GOODS TRADE.
NBW YORK.
Friday P. M.,
May
16, 1890.
In the "regular" way the business of the week under
review may be accurately characterized as light and irregular.
The great flannel sales of Friday, Monday, Tuesday,
Wednesday and Thursday last completely dominated the situation and imposed what amounted practically to holiday conditions upon the commission, and in a g^eat measure the
jobbing trade of this market.
These trade sales are annual occurrences at which prices are
fixed for the ensuing year.
Usually the signs of the times
are sufficiently clear to admit of a fairly accurate advance
estimate of the general result, but in the case of the present
series trade prophets were " all at sea," an open winter
arguing an accumulation of woolens throughout the East,
West and Northwest, and, on the other hand, tariff uncertainties and silver legislation possibilities promising an extra
—
The campaign opened with the sale of Parker, WUder &
and twilled flannels (9,000 packages).
The prices realized were low, averaging a decline of
fully 10 per cent on the figures of a year ago. This sale will
amount to about $1,300,000. Monday's offering was made by
order of Leland, Whitney & Co. and embraced 1,000 packages of Damon white Shaker flannels and domets. Here the
prices were very low, averaging over 15 per cent below regular figures.
The " Shaker" portion of the offering was literally slaughtered.
About $100,000 was realized. On Tuesday
Faulkner; Page & Co.'s great offering of plain and twilled flannels was put before the trade (10,000 packages all told), and
two days were employed in the selling. The price average of
the sale was low fully 10 per cent below that of a year ago.
The monetary result was $1 ,750,000. Thursday brought W.
L. Strong & Co.'s stock of flannels, cassimeres and blankets
under the hammer (9,000 packages). This sale, owing to
Co.'s entire stock of plain
statement below, prepared by us from the figures of the Nevt
York Produce Exchange. We first give the receipts at West
em lake and river ports, arranged so as to present the com parative movement for the week ending May 10, 1890, an'^
since August 1, 1889, for each of the last three rears:
Btuivtt at—
Bn>H.
ITewYork
Flour.
trade interest in the offering.
Not given.
The movement of breadstuff s
Oom.
Boston
Turonto
Montreal
the Agricultural Bureau at Washington issued the
following respecting cotton
The statistical returns of the Department of Agrio ulture for May,
relative to cotton, report the progres? of plautlnK and condltioua affecting seKUiig and gtrmlnatli g. Planting is late, cxcejjt in the Carolinas. InGeor,(la ii is scarcely up to ihcaverage at this date, the delay
being caused by drought, difficulty of i>lowlug and yf slow germlna
May
Wheat.
from—
Do
61
37^»
N0.2 white
9mporu
Cinoinnatl.
May Report of the Agricoltural Bdeeac. — Under date
of
The exports from the aeveral seaboard ports for the week
ending May 10, 1890, are shown in the annexed statement
>4
41
41ia
4i:»i
4-214
42%
713
37,3s8
—
the presence in the offering of certain especially desirable lines,
averaged a better price than its predecessors of the series,
coming within 7}^ per cent of old figures. Monetary total,
$1,750,000.
Domestic Woolen Goods.— The domestic wooien goods
market has felt the effects of the trade sales, and there exists
a strong belief that an early cui-tailment of production is by
no means improbable. Clothmg w^oolens have been in light
demand by wholesale clotliiers. Cloakings have been
In fair request.
The regular market in blankets and flannels
naturally lias been a blank, so far as demand at first hands
is coticer;'--d.
'IHE CHRONICLE.
714
Importation* of Dry Goo<t«.
—
OoMBSTio Cotton Goods. The exports of cotton gooas
from this port for the week ending May 13 were 2,013
packages, valued at $158,189, their destination being to the
points specified in the table below
Week. Since Jan.
247
2
559
222
916
51
859
83
2,044
12,773
1,243
124
417
58
17,981
2,4H4
2,109
i,eo4
6,441
1.405
1.851
14,012
1,263
2,012
3,285
45,096
14,343
1,682
721
5,297
59,439
2,406
80,610
India.... a............
Arabia............. ...
Africa
West Indies
360
68
82
Mexico
Central America.....
*
America
.
Total
China, ^la YancouTer..
S
g
53,896
26,714
CUna
Other countries
facts
:
5=
935
10,112
1,276
3,072
S,659
7,183
and the same
1,
1.
3,801
771
this port for the v/eek
for the corresponding periods of last year are as follows
B
Week. SitiseJan.
1.
2,047
109
175
326
Great Britain
Other European
8ontli
The importations of dry goods at
May 15, 1890, and since Jan.
ending
1889.
1890.
Nbw Tobk to Mat 13,
[Vol. L.
2
1
-
B
%t
;
1:
&
?
§i
X
a:
ii
WW
t-'lft.MWl
MWtOMrfk
COCl
M3iCC0»ek
Oi
OOCOMOCD
O CO -^
"Ji
tOM-»^-IO
to^^
Tjtal
QOCi'^UlO
oi*.
cc ai
© to w
COW^Orf*'
"boo
o»M
03*>.05OfO
tO)F>-
From New Ensland mill points direct.
The value of the New York exports since January
'
tOM
-JO
1 have
been |2,669,992 in 1890, against $3,145,360 in 1889.
In the regular market, staple cotton goods were in fair demand, considering the auction sale interruptions of the week.
Piices were held firm. Plain and colored cottons were in the
same reasonably satisfactory shape, while other descdptions
were practically advanced in price by the lessening of dis-
ODX
433,000
Foreign
Dry Goods. —The
68,000
week
record of the past
in
—
John
Turner
IN
DUCK
SAIL
AKD AIX KINDS OF
COTTON CANVAS FELTING DUCK
CAR COVKRING. BAGGING
RAVBN8 DUCK, SAIL TWINK8, 40.,
"ONTARIO" BBAMLBSS BAGS
"AW^NING" 8THIPK8.
UNITED STATES BUNTING CO.
A toll aupplTi all Widths and Colors, always
00
M
MlOtOKSi
woeototo
3
00 UI CO to *.
to*.
CS
k;
16
&
New
Coffee
L.
BcUiABD.
L.
M
'ItO
CO
1
ticn
csto
J
QCM!?:COC»
tOCCMp
^boowb
QDO
QO
V JO
Bxnbt
OF VIRGINIA
H. Whielsh.
M
y>
#»a^MW
lO M ^i
i»
M CCH-tJMO.
&
rfa.
3
1 ?
s
ff.
&
W
i
bob
CD y»
CO^
I
*-
&
•^ to ^1 to
Oh-rfa.-4W
to 31
C. •£>
Of
T.
M to lO
05 -J V) OS*—
I—
I
y ;c
»f^
CO to
f
wcctocsos
Vieocooob
rt^
ixco;n
— rstoo
C^OtOp'C'
c. to
WW
(f».
UNION MUTUAL
Life
Company
Insurance
PORTI.AND, MAINE.
INCORPORATED
JOHN
DE WITT,
E.
1848.
President.
and adapted to ail circunistanceA.
nothing In Life Insurance which it doee
Its plans are varied
There
is
not furnish cheaply, profitably and inteliiKibly.
Send to the Company's liome ufflce, Portland. Me.,
or any of its Agents for putjlications deacrtbing its
MAINE LAW COXVERTIBLB POLICY, CLASS
its 7 PER CENT GUARANTBKD BUND
POUCr. CLASS "A." and other Jorms 0/ Bond
Policies: also for pamphlet explanatory of the
Maim yon-Forftiture Xxzw. and for list of
"A," or
Co.,
'
'
thereunder.
C£l«J
The Mutual Benefit
Books and accounts audited and adjusted
Settlement of ineolvent estates on behalf
creditors carefully arrauKed.
North
&
PUBIilC.
British
Mercantile Ins.
&
BBIXINQ AOINT8 FOR LKADINO BBANDS
and BLEACHED 8HIRTING
and HHEETINGS,'
PRINTS, DBNIMS. TICKS, DUCKS, &0.
ToweU, Quilts. White Goods and IloslaiT
NEWARK,
N. J.
President,
1, 1890,... $45,236,963 2»
ilass. Standard).. 41.i-a8,6J(8 20
3.408,335 08
Assets (Market Values), Jan.
Liabilities (N.Y.
and
Surplus
Co.
SECOND YEAH.
In cask op lapss the Policy is continudd in forcs
as long as Its value will puy for; or, it preferred, a
Paid-u p policy for its full value is issued tn exchange.
After the second year Policies are incontksxablk.
except as against intentioLal fraud; and aZf restriiy
tions as to residence, travel or occv/pation are removedCash loans are madeto the extent of 50 per cent
of the reserve value, where valid assiKO'iients of the
policies can be made as collateral secur^.y.
Losses paid immediately upon completion and ap«
proval of proofs.
W.
F.
Goodhue, C. E.
Examinations, Reports and Estimates made on
LONDON
Bliss, Fabyan
Co.,
NEW YOKK, B08TUN, FHIL1ADEL.PHIA
CO.,
AMZI DODD,
Surplus, by former N. Y. Standard.
5,836.086 08
(Am. Ex. 4>6 per cent Reserve)
POLICIES ABSOLUTELY NON'-FORFEITABLB AFTSB
from Arsenic.
DriUt, SKeetingt, itc, for Fxporl Irade.
WCJiOOtOM
|lHscellattc(m&
ACCOUNTANT.
CO.,
BKOWN
? si
pl
s
-01
244 Washington St, Boston,
1.
SDLPHUR MINES COMPANY
Pyrites, tree
ec ff »^
P.=>
1
* M »0 -J
CCiCk-wCOU
c;i'X-ato
c-.
CO.,
Standard Superphosphates.
High Grade
v-»
Toh'ccoo'cp
lfa.Oit-MC0
Standard Brands of Flour for Shipment to Wara
Climates always on hand.
OBIKNT.
M
X>
,
to
York.
13fi Pearl Street,
Orders for Spot Cotton and Fatares prompt!
executed.
NOTARY
ORIENT MANUFAClURINft
»- Qt
00
QDOfCnClJ;-'
Dennis Perkins
York.
and Produce Bzoh'i
RICHMOND, VA.
iaow
LIFE INSURANCE
AOBNGT OF
THE HAXALL CRENSHAW
§i;
MK-^Ulfr
aoooto^i
M
kI
O
w o< tc b) en
t
1 ^1
New
Is
commssiojw merchants,
Members of the Cotton,
b
OS
lb-
NKW YORK.
Cotton and Bagging CommlsstoD
Merchants.
IMPORTERS OF IRON COTTON TIES,
Wisner,
18 ExctaanKe Place.
ODtcacocp
1^00
w to c CO
WILLIAn FRAIVHLIN HALL,
&
tJO
Mro«*-to
to
<iTao"i(fc
to
ctobcu:
o 32
r
O
M-^MM
COMORO
M
CO
Vi
No. 109 Bnaiie Street.
Crenshaw
c; M r on ri
C CO -J 0T.0
to CO
COTTON BBOKEBS,
ALSO, AGENTS
stock.
c;i
Bullard & Wheeler,
84 BEAVER STREET,
Co.,
MANDFACTURKBS AND DBALBK9
COTTON
;!' v''
CCtO-J''^C>
^mmnsxcinl.
©ommjcrcial.
&
bcODXGD
*- a
X
CJ — QDWW
waccMO»
K* cc
concessions.
Brinckerhoff,
»**
66.000
foreign goods has been a very eventful one. Retailers have
done some little reassorting and a few importation orders have
been placed for fall delivery, but the prevailing conditions in
force are those of a " between season" character. All classes
and kinds of staples sell at full regular prices, but " fancy "
goods not safe to carry over are being distributed at some
—
rc I- o:
wM
CO c to X C£ to
m'^scjc:*.
ODM
Total stock (pieces)
'.O
(fr
The week's movement
in seasonable dress goods has been
strictly moderate, but jobbers and large retailers have placed
a fair volume of orders for "fall" fabrics.
1890.
1889.
1S88.
May \0.
May 11.
May 12.
stock of Print Cloth*—
5H,000
369,000
44,000
Held bv Providence manuTers
7,i00
55,000
Fall River manufacturers
22.000
None.
None
None.
Providence speculators.. 9,000
5,0tO
Note
Outalde speculators (est)
occo
M cc en Oi
MM
counts.
*a .• OD
00 QC
QDOl
AN1>
EDINBURGH.
WORKS AND
RAILWAY, WATER
MANUFACTURING PROPERTIES.
TWENTY-FOUR YEAKS' BXPEKIBNCII.
SAM.
P.
BLAGDEN,
Manager.
WM. A. FRANCIS, Assistant Maaat<er
H. WASS, General Agent.
W. R. ECKER, Assistant Gen. Agent.
Room 45— 2C4 Grand Avenue,
MIIiWAiniEE, VVISCONSjy.
a
Southern
Investments.
Timber. Mineral and Realty surveyed, valued and
U. S.
No. 54
BRANCH
OFFICE,
WILLIAM
ST., N. Y.
development cost estimated. Ten
W.
ence.
II.
C. E,
Ro^m
126, 6
WALL
years' experi-
SIlEl-TON,
and Prospector.
STUEf-T, New Yort
@FedFRASER