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HUNT'S MERCHANTS' MAGAZINE,
THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THB UNITED STATK».

BKPttB3Kyri>fO

VOL.

SATURDAY, MAY

48.

NO.

1889.

18,

Wt*k KnMnt
issai

Terms of Subscription— Payable In Adrance
For One Year {Inoludlne postage)

:

$10 20

do.
For Blr Months
CIO
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Europoan Subscription Six Months (inclurtlng postage)...
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Annual subgorlptlon in London (inoludlng pustage)
M2 7b.
Six Mos.
do
do
do
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(SUwa

thara.

(Cotton

haiet.
Iiuihelf.
bbla.

(Ora<n

Boston
ProTldenca

t,

PltUborg

of Advertising,

Advertisements ordered for less than one month, In the Commercial
are published at 25 cents per line each Insertion. When orders are definitely given for one mouth or longer, a liberal discount is allowed, and tlie net prices may l)e obtained on application at the ollice. The lowest rates on permanent cards detlnitely ordered lor one year are 8 cents per line each Insertion, making 5i58 for
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A Financial Cukosicle.

the Inch.

Iiondon Asent*:
*!• gars Edwards & Smith, 1 Drapers' Gardens, E. C, who will take
eu ascriptions and advertisements and supply single copies of the paper

IkM

DANA.
JOBD O. FLOYD.
B.

f

DANA

PnblUhers
103 IVlIIIam Street, NKW YOUK..
Post Office Box 958.

i;VII<I.IAn R.

<k

Co.,

Total Middle..

Chicago
Cincinnati

UUwaukee
Detroit
Cleveland

e80.016..1C»

-t-11-2

(1,17S.758)
(B«3.700i

(1.784.284(

(-S2-0)

i!;Ni.;iOoi ('tl44tt)

(IT.r-lW.BSOl

(60,178.; W)

(-703

ilO.17B.OoO)

(12.010,0001

(-193)

9e.04 1.788
^.OBl.SOt

88.740.781

J.tWI.TI!
Iji2!:03(
1,18s. StM
1,0^U,S»I
1,0*1 .l<9l!

(38l».3l)0)

85.0«1.I8»
4,601.900

-20i»

-t-0-4

-ne-4

l,6t>2,8l«

-12

WU

-t-114

-0-9

7U9.754

081.473

-HI

746,224

4-11-1

107,822,338

100,109,241'

+7-7

96,280,478

-10«

76.589,487

86.241,805
lO.CSl.a S
ii.sr4,4ba

438-2

lii,U63,a8(l
ll,57l,05.->

«S,0O7,0C8
12^207,012
11,277,906

-1TI»

l)«<.357

c&7,6.itl

1,168.711

4-42-7

1.031.

-f2-l

-1-181

-0-OS
-^37S

102.081.885

7»,36i,8SS

~+»e

8»,71B,'n8

»4J841.07S
11.188.150
4.l«4.4ac

62.769.001
10.466.400

+2S

68,««4,4<8

4.7(»4,«24

3.888,«3B
8,162.051

-

1.8S«.4«.^

-

«.l-40.;»l

4-6'»-

4-*0

-H73

2.846.800
I.K3I.50I
1.432.96V
638.474

600.316

1»,SS8,941

89.a«3.^l0^

-(•6-S

«7.7!l7374

13,004,128
8.842.802
4JI70.14H
4.I27.»-5

16.4.'i2.l"46

-VtO

15,436.168
8.497.238
4.619.919
8.818.711
8,888,898
3.501,324
1,988,488
1,069,856
788,047
887.(08
a62.«46

Uulutb
Joseph....
Los

St.

4-1-S

8.2m.8-.'l

Oft! ,344

8,572.IW2
l.»*J.00O

fO*
4-1-*

18

4,9:9,411
4.4 12.967

1.770.116

8.7Il»,l-48

40'»-

(•,706,600

Peoria

Denver

-3-4

+6-7
4611
-fSOO

l.«44.3»;
1.277.142

PauL
Omaha

4-«-»

2,r«2,018

1.M7.10I

Ulnneapolla.

-1-8-

-S-*

-80-1

1,038,109
1.I2K.4H9
l,a3S,<88
1,008,208

Indianapolis....

San Francisco..
Kansas Citj.

(4-49)

I— 1211
(—72 8).

8.874.201
».l)41A0«

Qrand Rapids...

-34'S

(8H7J)0Oll (-70-8)

(21.01M.40ni
(4.210,000)

-(8-4

4.l)«3.M)ii
l.<'21.88»l
1.24.1.411
1.163.5,'Kl
l«l.i;o(l

473,186,023

Columbus

St.

CLEARING HOUSE RETURNS.

'n».6S4,S47

d.V8^,W)U

'

Total Middle Western

at If. each.
W.'LI

Baltlmora
Syracuse
Buffalo

t.

P.Omf.

188B.

t

NawTork

These prices Include the Investors' Scpplemknt, of 150 pages Hartford
New Haven
hKued once in two months, and lurnished without extra charge to SDrlQgfleld
Bubsorlbers of the Chkonigle.
Worcester
Subscriptions will be continued nntll definitely ordered stopped. The Portland
PDbUshers eanuot bn respunaible for reuilttauoes unless made by drafts Lowell
or Post Olilce money or<1ers.
Total New England..
A. file cover Is furnished at 50 cents; postage on the same Is 18
ctnta. Volumes bound for subscribers at $1 00.
Pblladelpbla.

Terms

P.Oani.

&i<«aa/—

(PHroleum

With mnd't ilnn

Jfaii 11.

1888.

1,247.

-mi
-18-4

•

886

e.(«8.1«28

-0-3

8.>S)<).7l(B

-(14-1

8.7H«.5»e
8.822.75s
2.721,114

+\fo
-Sri
-fsi-s

1,445.8511

+24-8

1.2112,448

1,455,18«

— 1V2

»8»,1)0«)

1,2.'».000

-44-4

40-»
4«-<>

4-lfr3

-1-a
4-7-5

4-1-*

-11-7

-MO
+vt

+6-»
-r6-5.

4t4'8

-150

-41i
-titt

Angelos..
Despite the fact tliat the volume of speculative transactions Wichita
-6-i
835.8U6
-1ST*
78e,5>:0
4-8-8.
429,447
841,1)83
+881
Topekft.
duing the week under review was much smaller than in Sioux City*...
6fi7.9«b
8«3,815
370,7bO
367306
many other weeks since January 1, the bank exchanges at.New Tacoma* .....
-0-6
43,781,038
44,618,308
43,540,029
Total Other Western..
Yojk, and the aggregate for the whole country as well, exceed
-11-7
17,919.70f
43-1
16,101.18*
18,810.843
the totals for any similar period thus far in 1889 with but two dt. Lonia
7.503,l»>
4-ie-s
C,7t1».M2
4160
8.966.166
New Orleans
468
7.048.615
8,6«8.821
7,618,480
-t^2.-r7
•xcept^ons. The exceptions noted were the weeks ending Louisville
-100
2,243,1)26
8Ji83.S64
2.2S»,»»4
-tO-8
Memphis
4-26-0
1,74I,HI«I
2,478,812
t.082.609
+42 4
January 19 and February 9, and in neither case was the excess Kicbmond
e65,,>»
788.700
+IT-7
Tr0,i4l
+ 111-0
i]alva»t4in
+48-8
746,25l'
1.227.033
1,810.618
4-10i-7
heavy (only thirteen millions in the former and fourteen in Fort Worth
-28-8
-2»».
896,375
6iea42
•38.586
Norfolk
the latter), being in each instance more than accounted for by
30.618,338
41,983,035
S7,512,»»6 ~+ir9
Total Southern
the larger dealings in share properties at New York. Compared
8tl,073,3»l
980,040.346
4-13 3
1.110.388.875
Total all
with the week ending April 27 (the figures for May 4
SHO.704.62b 8i0.0ii3.97e --H1-6 887.017.806
Oatalde New York..
present no fair basis for comparison on account of the holi* Not InclQded lu totals.
day s), all but six of the cities included in our statement exThe returns of exchanges for the five days, received by telchibit gains, and in the aggregate the increase is one himdrod gi-aph this evening, exhibit an increase over the Uke period
the full week
and iwjnly-three millions, of which New York contributes of 1888 of 14-5 per cent. Oiu: estimate for
ended May 18 indicates an excess over a year ago of about
eighty-three and one-half millions.
13-8 per cent.
Messrs. K. G. Dun & Co. report the number of
Ccntras'.ed with the similar period of 1888, the exibit is a failures for the week ended Friday night as 252, against le»
very favorable one. There are of course some cities that ex- for the same time a year ago.
,

. .

but as a rule they are unimportant and mainly the
The aggregate for the section designated
our table "other Western"' records a slight decline from a

bit losses,

it

result of local causes.
l.in

irasft

JhMMaa 3lny

ITas* JhMT*

18.

lear ago, due to the falling oflf at San Francisco; all other
NewTork
^visions show satisfactory augmentation, and many individiuil SolM •/ SIMX Wtarm) ....
have heavy percentages of excess, notably Fort

1889.

1888.

P.Ckdt.

18M.

102*7

P.Omt.

+**

+12^8
(-S8 6>
rT-0
70^848320

¥*t-

e8,UI«JI7

584.179.868

480,89*,a33

4-188

800.068.447

(1.034,484)

t7»7.8S6)

(4-81-8)

(086,807)

78.010.271
88,801,082

5Ma6.<MB

per cent; Columbus, 66*5; Richmond, 43'4; PhlladAlDhlft
-0-8
10,890.7*8
0,710,211
0.618,208
4-8-5
Sl.OS'.OiO
64,378,000
Peoria, 38-6; Syracuse, 37-9, and Philadelphia 36-3 percent.
83.81S.0O0
4-10^
18336,183
14.0S7.62S
1S.631.92S
Share transactions on the New York Stock Exchange for the St. Louis
7je(,»«»
4-ur3
s,09a,*ss
0.731.600
week embrace a market value of only $66,180,000, which con- Naw Orlaaaa
8**,016.7a6
772.738,061 tM.tatfiu
ToUI.Sdaya
tract with $84,190,000 for the week a year ago.
Pursuing our
4-«76 171.IC0.tlS
172,914.888 188.9*2,187
Estimated 1 dar
usual method of deducting two and-a-half times these values
4-14-8
«»«,0t^7B6
82e.tM.73«
915,687,638
Mil
weak
Total
11838»,4:»
108,888,480
from tlie New York totals, leaves, as the exchanges arising J
118,108.111
4-13-8't,ltO,S<ie.*8t
03«,6l3.*il
through other business, $554, 174,W7, and $419,.541, 369 respect I
1.060.746.744
Total week, all
'
ively in the two years, or an increase of 88 "1 per cent.
* For tb« tall week, baaed on lut waek'a letoraa.
?'orth,

Hut 11.

Bttunu k» Teltrarh.

+38^

-11
4*0
4-1-*

+»t-t

+1*9
4-17«
4IS-8
4-iia-

4l3-i

..

.

THE CHRONICLE

642

various

THE FINANCIAL SITUATION.

L.

XLVIII.

but not in considerable amounts
whenever round amounts are wanted gold

sources,

from any,

There has been no especial feature in money the past
week. Toward the end of the week banks and trust
companies are rej^orted to have marked up their minimum rate for call loans from 2^ to 3 per cent, and held
it there firmly; but we could discover no real reason for
such a turn. It is possible that it may have been in

[V

so

Yesterday the withdrawals of gold
shipment to Europe were altogether $1,701,818 72.
It is impossible to give any forecast as to future movements of gold. Before the close of next month there
ought to be bills drawn against future shipments of
cotton, for since rates for commercial sterling are rulBjston
money
to
movement
of
the
ing at high figures and as money is slightly dearer here
related
to
some way
growing out of the widely bruited brewery purchases; than in London such drawings and speculative sales of
perhaps also in some degree it foreshadowed the with- bills ought to prove profitable.
The preliminary statement issued this week by Mr.
drawal of gold for Europe announced yesterday; or both
of these influences may have contributed in bringing it Switzler, of the Bureau of Statistics, covering the April
But whatever the cause there is certainly no exports of cotton, grain, provisions, &c.j shows, like the
about.
evidence of activity or urgency in the demand for previous statements in 1889, largely increased shipments,
money in any branch of the market. In fact we hear while our monthly summary of the foreign trade of New
from one bank oflScer of a loan on call at 3^ per cent York, given on a subsequent page to-day, indicates that
paid off this week, because the borrower could do better. the imports also continue freer than they were a year
And the conditions, so far as the demands of trade ago. The movement and distribution of the merchandise
represent them, seem just now to be shaping them- these trade figures cover make up a very important
selves in accord with the customary summer quietness. part of our internal commerce, and afford in some
The exj^orts of gold and Government operations are of measure an explanation of the large tonnage moving
course unkno;vn quantities; how either may afEect the on our railroads, and the larger clearings reported
situation is a matter of conjecture.
by our banks in face of the lessened activity in
The
Call loans, so far as represented by bankers' balances, several important branches of domestic trade.
have ranged from 2^ to 1^ per cent, averaging 2 per exports of the articles mentioned in April were in the
cent, and renewals have been made at 2 and 2k per aggregate about 6 million dollars larger than in' April,
The minimum for call money by banks and 1888, and about 7 millions larger than in 1887, as may
cent.
trust companies was, as already stated, marked up be seen from the following statement.
BXPOBTS OF BREAD3TDFFS, PROViaiOSS, COTTOS AND PETKOLEHM.
from 2^ to 3 per cent the latter part of the week, though
there was plenty of money offering at lower figures.
1886-87.
1887-88.
1888-80.
Exports
Time loans on first-class collateral are in fair demand trom U. S. ApHU 10 Afontfw. Apra. 10 Months. April. 10 Month:
for long dates, but the suj)ply of funds is abundant.
Quantitus..
Some new money has been seeking a place this week on Wheat.bush. 2,908,039 39,449.015 3.183.360 60,289.237 6.524.061 79,781,f27
965.306 10,18.1,742
953.3u0
9,687,743
7.542,837
646,365
Flour... bble.
long time, and, it is reported that to some extent the
7.526.237 106,118,078 10,822,911 123,376,366
5,810,731 73.391,781
Wheat.. bu.
530,488
market has been manipulated in order to j^ut it out at Corn...bii«h. 8,379,468 55,290,896 1.470,340 20,034,706 3,991,5!5l8,996,577 186,150,782 14,817,4^ .57,908,854
Tot. bush.. 14,190.19J 188!682,877
good rates. Quotations are 2^ per cent for sixty and 3
has to go forward.
for

1

?,4,

per cent for ninety days, while 3@3i^ per cent is the
quotation for four, five and six months, and 3^@4: per

Commercial paper is in active
demand, and rarely has there been seen so good an
inquiry and so short a supply.
Eates are 3^ per cent for

cent for

all

the year.

Valuet.
,& flour

Wh't

Corn & meal

Rre

0ats&

meal.

Barley

t
6,669,5711

*
72,479,995

3,821,928

87,473,445

8.484

81,333
427,196
830,854

88.792
9.113

sixty to ninety-day endorsed bills receivable,

..

9.337.876 101.282,83a
8.348.802 88.276,618

Cotton

cent for four months' acceptances,

Petrol'm.&o.

15.830.910 221.73S.5'37
3.64 1,490 41.170,428

for good single

4@4^ per
and 4^@5^ per cent

names having from four

to

to run.

The tendency

six

months

Br'dstnlTs..

Provisiona

Tot. value.

As

money

London

(
7,015,812
950,500

(
98,102,489
11,393,906

1,"81,89S

17,167.160

3,109

29.194

3l,4flS

231,92«
270,979

43,361

133,376
584.750
804,851

19.675|

13,483,

8,032.559 110,O38,63C.
6,898,012 72,869,a9b
13,358,049 204,012,897

»
1
10,472,S7if 113,528,037

18,32V

12,546.946 132,218,177
5.090,417 72.641, !08

38,958,982

9.527,033 200,2«J.147
3,2)1.103 37,212.107

37,448,878 446,463,4361 31.538.062 425.900.413

30.385.4'J« 412.367.833

to imports the

3,249,412

New York figures for April are about

week has 3i million dollars larger than a year ago. Probably our
been downwards. Discounts of sixty to ninety-day bank total foreign trade (when April is made up for the
bills are reported now at li@l|- per cent, notwith- whole country) will aggregate -for the first four months
standing the semi-monthly settlement at the London of 1889 not far from 530 million dollars, against less
Stock Exchange was this week attended with slight than 469 million dollars for the same mouths of 1888.
disturbance owing to the failure of an operator of some
The growing cro^js of breadstuffs afford probably as
prominence. This tendency is no doubt due in large promising an outlook to-day as they ever have at this
part to the increase of the gold holdings by the Bank season. Throughout the West and Northwest late rains
^
of England and the considerable amount still under have scattered the fears felt two weeks ago and replaced'
way for the same destination. The gain of bullion to them with well-grounded hopes. Not only winter wheat
the Bank this week is £948,000, which, according to a but spring wheat, corn, oats and grass, are almost;
private cable to us, was the result of arrivals from everywhere favorably reported. Of course of all the grains*
abroad (in part "bought" and in part from the Argen- most is known of the winter wheat. That crop is the^
tine Republic) of £888,000, of receipts from the interior farthest advanced, and the Agricultural Department has
of Great Britain of £100,000, and of a shipment to given its condition for the last two months at 94-^'
Portugal of £100,000.
The open market rate at Paris for the first of April and 96 for May, the highest aver-/
is now 2|@2^ per cent, while at Bsrlin it is
Hence the start,
1| per cent age at those dates for many years.
and at Frankfort If per cent.
was about as good as it could be. But this fine promise
Our foreign exchange market has remained much as was being endangered by prolonged dry weather. So
it has been for some weeks, dull all the time with days
the relief the copious rains afforded was not only'

when

of

at

this

the tone was a shade easier for short sterling timely, but came to an unusually strong growing
without being quotably lower, and ending the week by plant, giving it a development which almost assures an,
an ex;)ort of gold. The supply of bills has come from abundant yield. The later news from the spring-planted

.

'

May

I

sections

THE CHRONICLE

lf«9.J

18,

us

is,

stated, likewise of a satisfactory charac-

for
the removal
of
its
charter reftrictiona on
the cOMstmction of branch lines, no an to allow it tobnild
branches over ton miles in length, and for jHTminnion

though of coiuso in tliis instance it is impossible to
measure so accurately, that is in its full extent, the
real, gain secured, while obviously there is more room
Corn also
for harm from future adverse conditions.
has secured a good "send oflf." Cotton, therefore,
is really the only crop, the condition of which at the
moment seems to bo in doubt. Dry weather is still the
complaint over a wide section; but that, if not too prolonged, may prove an advantage where tlie plant is well
started, as it tends to the development of a tap root,
which gives the plant greater strength and endurance
ter,

"

summer

its

I-

to

situation

make such

whole

For
movement

if

favorable com])arisons with last

returns are good now,

when the crop

— the

wheat yield last season
'nving been short, and corn being withheld from
still better
irkct because of the low prices prevailing
uirns would seem in prospect when the new crops,
begin to
come forward.
especially wheat,
iO
latest full statement of gross earnings covers
current
month,
and
week of
the
first
the
in
our usual form on
this statement as given
other page shows a gain of 5-68 per cent on the 83
Possibly it may be supposed that
Ills embraced in it.
comparison is with poor results last year. In point
fact our statement then showed an increase of 9*59
per cent (as compared with 1887) on 77 roads, and in
the year next preceding there had been an increase of
So there has
as much as 15 "08 per cent on 02 roads.
In the subsequent
(been a steady gain for several years.
'eeks last year, the earnings (we mean gross, not net)
iept up well nearly all through the summer, till September, though for parts of July the improvement was
This year it is admitted the wheat yield
only trifling.
not only promises better, but is further advanced. Winter wheat usually makes its presence felt almost as soon as
is
raised, and this time there is an additional
it
inducement to quick marketing in the small stocks
held.
Daring July and August, therefore, the new
crop should play an important part in swelling railroad
After that, should spring wheat
c and receipts.
turn out satisfactorily, the promise would be for a
is

so

small

—

1

also seeking an extension of time in

is

which to build the

line,

beyond the date now fixed

But according

(October, 1889).

to the majority re|X)rt

Committee, " the survey and approved
" line of the New York & Connecticut Air Line mn«
" parallel to the existing New Haven road from New
" Haven to New York, at an average distance there" from of less than one mile." Now, to sanction such
a scheme would be nothing less than monstrous.
It
would involve ^not only a wholesale and wanton
destruction of capital, showing an utter disregard of
the lessons which other paralleling schemes of like
nature have taught, but would cause no end of harm
and suffering to those having their savings invested
in the old road, most of them persons of moderate
of the Railroad

'

,ir.

f ranch iscB of the proptMed
Connecticut Air Line. In an independent

the latter

l)etitlon

it

.'ratifying to find also that railroad gross earnings as

imrchase the charter and

Now York &

trials,

lu conjunction with this promising crop

6i3

means.

The stock market this week, though not very active,
has been slowly gaining strength, so that prices at the
end of the week are pretty generally higher than at the

The granger properties taken together show
marked advances, aided by the bright promise

beginning.
the most

for the crops, the

continued maintenance of

the generally good reports of earnings.

ulus

npon the market

outlook

as a

the crops.

for

rates,

The main

and

stim-

whole has been the improved
There has been a spirited

Oregon Trans-Continental at
between the Villard-Northern Pacific party on the one side and the SmithUnion Pacific party on the other, as a result of which

contest

control

for

ensuing

the

of

election

a large premium has been paid for the use of the stock,
and yesterday, with the closing of the transfer books,
there was a difference late in the afternoon of nearly 30
points between sales of shares in the ordinary way and

The Wabash

sales for cash.

sippi

lines

east of the

Missis-

were sold this week to the purchasing committee,

them control now of the entire property. The
Wabash shares as a consequence have evinced con-

giving

In the St. Louis Arkansas & Texas
Mr. Fordyce, the president, has been appointed

siderable strength.
case,

receiver of the road.

The following statement gives the week's receipts
continuance of good returns of earnings.
his outlook particularly encouraging is that net earn- and shipments of currency and gold by the New York
banks.
ings are proving even better than the gross.

What makes

Quite an interesting event of the week has been the
the Connecticut House on the proposition to

Wuk ending Man 17,

Received by
supped by
r. Bankt y. r. Bank:',

jdk)w the

W

Housatonic road to build a parallel line to

York Xew Haven & Hartford.

About

the majority of the committee to
irred

the House this week,

ited

month
it

When the matter came
the minority report was

and the majority report adopted.

We

'f

Gain. i*>n,oao
o«in.
awM»o

is.ase.ooo
300.000

11.060,000

Tutal fcold and legal tenders.

tS.DOft.OOO

tl.oeo.OOO

With the Sub-Treasury

operations, but not including

Currency..

Gold

!

to-day's gold shipments, the result

lUalo. «S,Hr»,OM

TTaefc

ending Stan

Into

17, 1889.

is:

Bank: Onto/ Bonks.

think

received with much satisone would oppose a proper development
the Housatonic system, or, for that matter, the New
result will generally be
on.

.V.

was

reported against granting the petition, while a

ority reported in its favor.
ire

a

whom

tlie

Ket tnttrttr
MottmttU.

I

ISSS.

tustion of

No

which the interests are identical.
!ut the plan proposed had hardly anything in its favor.
Vdmitting that an independent outlet to New York
vould be valuable to both the New England and the
lousatonic, such outlet ought not to be built without

Banks Interior MoTement, as abore
SuVTreasorjr operations
Total gold and lecal tenders....

I

Bank

HlUU im.

tl.080.000

Oaln |M7S,aM

14,800^000

ll.«00,(K)O

Gala.

«18,4ISB.000

tU,««>,000

tS,ll9a.0M

JM««0

Oata. IB,77O.0QO

Bullion holdings of European banks.

'.ngland system, in

May IS.

SOwr.

eelil.

May

188«.

amnlutt

I

88337.740

doing the greatest amount ©f harm to
properties.
The Housatonic asked both

ith the idea of

listing

I

i
u,s«7jn

'

l»,a6T473,

<0,8«S.1I6 4».T<S,SM 80,587.1111 48.iai,M8 tS.IM 731
France
4B.8ST0M
81,170.000 18.788.0001 47,io5.ooo< n;s»^Mf^UJlBaJ
Qerraaaf
AuHt.-Hung*7 Mao 000 1S.S40.000' 81,0n>.000 ft.M0lO0IM14.»M.0eo 80,881.000

—

'

)me regard for the interests of existing roads. The
Ian in question, however, seemed to have been conceived

latal.

'

t
Enxlaod...

IT. 1888.

1M<K.

Netberlands..!

Nat.Balslom.'

6.S»7.qOO' S.flSO.OOo'
8.788.000 1.3»l,0<)0l

ll.OiT.OOO

4.1SS,000

5.4M.00OJ t,MT.O0O
8,«l8,0a0 MSTjOOO

4.»«k«M

Tot. this week l06.A0e.UI S»,183,S«6 IK7.878.UK U0.tT7.808 8O,4»t.0M l88,*rUTi
Tot.preT.w'k.' 107.38" l»«l m.440>« IM I0I.84S 108 SMTaS KS.ISt.llol ll»7J*B.8H

—

'

THE CHRONICLE.

644

closely

HUSSIA'S PROGRESS TOWARDS CON-

STANTINOPLE.
Among the famous and oft-quoted sayings of the
great Napoleon, one was that the Czar of all the Russias
was destined at no distant day to water his horses at the
Golden Horn. The literal meaning of this language
was that the ancient Empire of the East was to be
restored under Russian influence, and that the Head of
the House of Romanoff would establish his seat in the
Napoleon was not a prophet,
city of Constantino.
but he had read history to some purpose. He had
studied and practically tested, as no other man ever did,
the condition of Europe and the characteristics of the

[Vol.

into the

situation,

we

find

XLVin.

that the treaty of

practically a dead letter.

Russian intrigue
Balkans took a pronounced form when Princff
Alexander of Battenberg was smuggled out of Bulgaria.
It was the first vigorous manifestation of Russian worfe
in the Balkans since the time of the Berlin Conference.
It was somewhat premature, and was therefore hardly
The work will be more effectually don*,
a success.
next time. We have seen with what success Russia.;
King Milan waa
has revealed her power in Servia.
Berlin

is

in the

i

openly and avowedly pro- Austrian. It became
sary for him to resign; and his son and successor

neces-f'»
is vir-«

In Bulgaria Prince Ferdinand
has been compelled to recede from an attempt he was
different peoples; his views generally, when not distorted making to break all national connection with the
Orthodox Church; and if report speaks truth, the Czar
by interest or ambition, were broad and* penetrating.
Some eleven years ago, it seemed as if the prediction has promised the Slavic element assistance to resist any
were on the very verge of fulfilment. After a bloody attempt made to disturb the Orthodox Church or to
The present Prime
struggle Russia had again crushed the Turkish power. push Austrian or German schemes.
Her victorious armies were at the gates of Adrianople, Minister, M. Stambouloff, in whose hands Prince Feralmost within sight of the towers and minarets of Con- dinand is helpless, is notoriously a creature of Russia.
A treaty had been wrung from the con- In Roumania, where Russia has commenced her workstantinople.
quered Mussulman, securing for Russia teri-itory and later, success is equally pronounced. Tlie King i»
His symprivileges which left Turkey entirely at her mercy, German, of the House of Hohenzollern.
making the final conquest and occupation of Constan- pathies are German. His object is, and has been, to
tually a Russian ward.

bring Roumania into sympathy with German sentiment,
venient season for the drama to complete itself. Had and to aid in the extension eastward of German influhad it not been for the energy ence. The Roumanians are not Slavs, although there
it not been for one man
The root
and daring and bold measures of Lord Beaconsfield
is a large Slavic element in the population.
quite
here,
however,
would
have
become
part
of
Strange
to
say,
San
Stefano
Italian.
treaty
of
is
the
element
the international law of Europe; and only a few roods as much as in Servia, and almost more than in Bultinople a matter of visible certainty,but leaving it to a con-

—

A

Russia and the garia, Russian influence has gained the ascendancy.
These roods would striking example of Russian influence in Roumania is
soon have dwindled into yards; the yards would have furnished in connection with certain iDroposed fortificavanished; and the Napoleonic prediction would have tions at Bucharest. They were intended as a bulwark
The sum of fifteen million francs waa
been fulfilled.
against Russia.
The Berlin conference, and the substitution of the needed. This money was voted, but luke-warmly and
It is now proposed to abandon
treaty of Berlin for that of San Stefano, comjjletely by a narrow majority.
Russia was compelled to retire the idea of fortifying altogether; and M. Hitrovo, Rusaltered the situation.
back within the territory which she occupied before sian Minister at Bucharest, who really controls the
the war.
She was denied any power in Roumania, in dominant party in Roumania, who has discouraged the
From fortifications, and who is actually, as it is said, bargainServia, in Bulgaria and in Eastern Roumelia.
the entire Balkan region, which she was mainly instru- ing with the Government for a right of way, in the
mental in liberating from Turkish rule, she was event of war, through the Dobradja, which is RoumaIndependence was granted to nian territory, has received an honorary Court appointcompletely shut out.
Roumania, and it was created into a kingdom. Servia ment as a reward for his services and successes in Rouof territory would have lain between
object of her historic

ambition.

was strengthened by a large inci-ease of territory. A mania.
qualified independence was granted to Bulgaria; and
It is curious
privileges were accorded to Eastern
Roumelia, although not released from obligations to
the Porte. Austria was authorized to occupy Bosnia and
Herzegovina, on conditions which seemed temporary,
but it has long since become evident that Austria went
into these provinces to stay if she could. It was in many
ways made abundantly plain that the object of the
Berlin treaty was to Germanize the whole Baltic region;
and the prospect for a time was that such influence,
through the direct agency of Austria, backed up by the
Government at Berlin, would be gradually extended to
the Dardanelles.
German influence was dominant at
Bucharest, dominant in Belgrade, dominant at Sofia.
But how completely changed is the condition now.
Russia, while apparently submitting to the inevitable,
has been true to her purpose, and has steadily pursued
Diplomacy has been industrious during the last ten
it.
years ; and Russia has really gained in peace what she
failed to obtain by war.
In Roumania, in Servia, in
Bulgaria, it is not German but Russian policy which is
carrying the day. Already, in fact, when we look

certain special

to notice the indifference with

success of Russia

is

treated by the

German

which the

press.

The

Paris journal, Le Pays, remarking on the present
Catargi Cabinet, which is notoriously Russophil, spoke
The North
of it as a defeat of the policy of Bismarck.
German Gazette, in reply, says: "Germany is not
more interested in Roumania than in Bulgaria ; and
the mere fact of a Hohenzollern prince being on the
throne of Roumania is in itself no reason for impelling
the policy of the German empire into paths which ara
not prescribed by the interests of the nation." This il

not the sentiment which prevailed when the treaty di
It seems as if Bismarck himseU^
Berlin was signed.
to the conclusion that De Giera
submissively
has come

had been too many for himself and the Austrian statesmen Andrassy and Kalnocky besides.
With Roumania in her hands, and her power virtually absolute in Servia, and with a strong party in het
favor in Bulgaria, what is now to hinder Russia from
marching to Constantinople ? If there is no strong
German sentiment throughout the entire Balkan regions,
of what avail would be the interference of the Western

I
Mat

18,

THE CHRONICLE

1880.]

nations? If Russia has got the hearts of the people, her
triumpli is alreuily completo.
Another saying of the
l''irst Napoleon was that in fifty years Europe would be
Republican or Cossack. Events seem to be tending in
favor of one of the alternatives
Russia in Constantinople, with Russian ships in the Mediterranean
what

—

—

next

645

mcnt, and the aggregate for all the rowlii in Bbore
that
for the previous year, both as regardii
gross and net
income.
Uere is the statement in tabular form.
8

mm. tndint
Hanh9l.

Orow lanlnft.

%

?

STATE OF TRUNK-LIXE INCOME.
The trunk

an important body of roads,
is therefore a matter of
considerable interest.
In our railroad columns last
week we gave the return of gross and net for the New
York Central for the quarter ending March 31, and as
lie monthly statements of the
Erie, the Pennsylvania,
lid the Baltimore & Ohio, have previously been published, we are now in position to show the comparative
lesults on these four important systems for the first
lines constitute

I

•

N. V. Ctotnl..
Erie

8,0S3,<W

8.i&i.7«e:

0.748.480

•.oe8.8n

8^968.078

Pvnn«TlTUlU<
llult.&OhloLlnea
Ohio
LloaaW.Otalo

U,7iS,l»B

.

ToUI..

«.«Si,7M
S.tM,tIB

»,«88.M«

tAoum

l.OCO.RSO

l.lM.tM

»M.«W

i,oi».ae>

313«0.»8«' M.(ll»,T»

Thus the

UN.
•

S,«M,4«8

8«,«a7J71

Kil Xaniln«>.

im.

f
B.MI,I08

ind the course of their earnings

I

Bxptun.

UM.

laaa.

ia,gM.MH

laM.

I

~

I

r^

4jMl.aM

MMJir

i,oo«.Bio

MB.m

KM\\
I'.ft713«8

118.811

».l83ja

gross earnings of these four systems were

1889 and $31,840,238 in 1888, and the
expenses having been changed scarcely at all (the addi$32,257,571 in

and reductions nearly balancing each other) the
net stands at $9,571,828, against $9,183,372.
In other
words, the roads as a whole have done slightly better
than in the corresponding three months of last year.
tions

quarter of the current Calendar year.
With the exception of the Pennsylvania, the fiscal
The conditions prevailing have in some respects been year of the four trunk lines begins with the Ist of
Octofavorable, in others the reverse.
Rates of course since ber, and having the results for both the March and the
the first of the year have been well maintained, but as December quarter, we can now see what the
exhibit
is

affecting the comparison with 1888 this has not been an
influence of very decided moment, since in the first few

months

of last year

existed

as

no such demoralization in rates
in subsequent months.
The
mild winter weather has been in one sense an advantage,
developed

in another a disadvantage.
It avoided interruptions to
irafBc operations and saved the expense of removing

«now and
aard

such as was necessitated during the blizMarch. On the other hand, it restrictel

ice,

for the first half of the current fiscal year.

Accordingly
we have prepared the subjoined statement covering the
operations of that period, the Pennsylvania being included to make the record complete, though as already
stated its accounts do not begin with October. In studying these results for the six months, it should be remembered that during the December quarter in 1888 the
situation as to rates was quite unsatisfactory.

last year in

activity in

those lines of trade

dependent upon the

ordinary winter weather. In the case of coal the difference has been very important, as is seen in the stagnation of the anthracite trade; and the depression has
not been limited to that variety of coal, nor to the Atlantic seaboard.
The weather has been mild all over

Half-year
etuled

JBrpenm.

Or(t$8 earninjt.

K€t earning

•

Mar. 81.
18«u.

1H8S.

Ili8».
I

I

18S8.

*

18t9.

1888.

I
I

N.T. Central.

17,80«,367

11,472.'! 48

12,272,MS

8,731,619

S.9(K<,483

8,326,332
20,051,912

8,762,520

4.38»,734

4,4';9.4ia

19,401,745

Brie

18,713.076

isjeii.wie

PennsylTUDla
Bait.* OhioLines E.Ohio

28,661.13(1

27,717,634

7.651,027
2,391.202

7,502,543
2,432,070

Lines W.Obio

*

18,173,021

6,271,727
5,020,355

8.145,393
2,040,244

S,rMJt3t\ 8,3X8.880
2.288.800

2,997.180

S73317

the country, and thus the bituminous carriers have also
Total
68,426,808' 89,067.204 47,14«.06<' 47,6»2,44ol«l,«80,744 21.444,784
been affected. This is a prominent circumstance to
This exhibit is a little less favorable than that for the
bear in mind, for the coal traffic of the roads covered three months ended with March, and yet the same
in this review constitutes a very large proportion of the characteristics are apparent, that is, comparatively

even the New York Central having carried
4,330,745 tons of coal and coke (out of a total tonnage
•of 15,262,873 tons of all kinds of freight) in the late
total traffic,

fiscal year.

With reference

to

the extent of the grain

tonnage, there has been a loss from a diminished moveof flour and wheat, and also of oats, but a consid-

ment

erable gain from the heavy yield and large exports of
corn.

As a result of these varying conditions, one would
expect very slight changes in earnings, and that is just
what an examination
first

of the figures discloses.

the gross earnings, the

119,000, or only a

little

New York

Taking

Central has lost

over one per cent; the Erie has

slight differences

reach the large

from

sum

last year.

Total gross earnings

of $68,426,808, against $09,067,204

and net $21,280,747, against $21,444,764.
is slightly larger than for the
previous year; the other roads have all suffered losses,
in no case large, however.
For instance, the decrease
on the Central is $169,000, on the Erie $93,000, on the
Baltimore A Ohio (Eastern and Western lines combined)
$93,000.
The gain on the Pennsylvania is $190,000;
Both
the gross on the same road is $843,000 larger.
the Central and the Erie managed to keep their losses
in net small through reductions in expenses.
If we go back further we find that the net of most of
last

year,

The Pennsylvania's net

&

these roads has not varied greatly even for a longer

Ohio has gained on its Eastern lines, but lost slightly
on the Western lines, the result for the system combined
heing an increase of $211,000, or not quite 5 per cent;
the Pennsylvania, as usual, reports a further heavy increase (1046,000), but in ratio the degree of change is 5
per cent, as in the other cases. In like manner net
earnings reflect only small changes, and yet, through a
saving in expenses, some losses in gross have been

period than two years, though the gross has fluctuated very
The Erie is a conspicumaterially in some instances.

lost

$320,000,

or about

5 per cent; the Baltimore

ous illustration of

this.

Its net this year (after

deduct-

ing amounts due leased roads operated on a percentage
ba.sis) is $3,244,991; in 1888 it was $3,311,607; in 1887

$3,372,389; and in 1886 $2,953,993; in 1885 and 1884,
which were very bad years for this road, the amounts
were respectively $2,236,612 and $2,309,410. On the
turned into slight gains in net. On the Central the Central the total of $5,731,619 for 1889 compares with
net is $181,000 better than in 1888, on the Erie it is $5,900,483 for 1888, $6,142,963 for 1887, $5,327,2-33 for
180,000 less, on the Pennsylvania $206,000 better, on 1886, and $5,724,027 for 1884. For 1885 of course the
tte Baltimore & Ohio Eastern lines $97,000 better, and amount was much smaller only $4,833,090 that being
on the Western lines $18,000 less. It will be noted that just before the West Shore settlement. On the Penn^e alterations are gouerally iu the direction of improye- sylvauiaj if we omit 1885, we find the same absence ot.

—

—

',

THE CHRONICLE.

64B

wide fluctuations in the net, though this road has been
For 1889 net is
$8,506^224; for 1888 $8,315,889; for 1887 $8,818,099;
The followfor 1886 $8,439,223; for 1884 $8,954,820.
ing gives both gross and net on these different roads for
The Baltimore & Ohio is omitted, because
six years.
its results are not available for the back years.
steadily enlarging its gross earnings.

March

Xew

Pennsylvanku

BrU.i

Tork Ctntrah

making a

Xet*

Gross.

1886...

t

17,20»,36-

5,731,619

11,571311

3 ,241,991

29,5ai,13«

8,506,2?4

18,173,031

5,930,483
6,142.963

12,074,1271

3,

.Sll,607

27,717.634

8.313,889

ll,li81.175:

8,,372,389

25,763.777

H4,ei8,8C2 +5,337,233

10.642,372

,9'.8,09:i

23,250,261

8,818,099
8,439.223

22,156,408
24,lf2,930

17,110,60-;

1887...

(

188B...

tl2,772,3(fS! t4,S.32.0B0

9,397,170

.216,612

1884...

»H.624.71I< 5,724,027

10,974.842

,309,410

improvement in net on the
Besides

thig,

on the Burlington & Northern. On the Milwaukee & St. Paul the increase amounts
to $362,734, and on the Illinois Central to $153,104. In
other sections, we have the Louisville & Nashville with
there

t

»
1888...

Wet.

Grosa.

Xet.

total

entire system of over a million dollars.

31.

XLVm.

As there were last year quite a few roads with very
heavy losses, so there are this year some with exceptionally heavy gains, though in number and in amount the
latter are not so conspicuous as the former were.
The
Burlington & Quincy has not recovered its 1888 loss for
the month, yet its increase is large and noteworthy,
reaching $847,177, with $208,513 more on the lines
controlled,

6 mos. ending

[TOL.

is

a gain of $105,595

7.479.8U
8,954.820

a gain of $202,270 (after a loss last year of $150,559),

the Canadian Pacific with an increase of $194,681 (this
in addition to a heavy gain last year), and the
being
i West Shore operations not Included.
S B'th (2rof*s antl net are here Klven atter deducting proportions duetOEuch
Northern Pacific witlt an increase of $341,112, against
leased lines as are woriied on a percentage basis.
As showing what an important part expenses some- a trifling loss in March, 1888.
The total increase in net for the month on the roads
times play, it should be noted that the net of the PennAfter deducting all fazes except those on earnings and capital.
t West Shore operations includes for halt ihe period— that is. from Jan.
*

1

1880.

.

sylvania for 1889

is

but slightly larger than for 1886,

much

while the addition to the gross has been as

as

5 1-3 million dollai's.

—

EARNINGS FOR MARCH AND THE

]Sri:T

mentioned reaches over $2,400,000. As the increase
on the whole 97 roads in our table amounts to only
$1,877,876, it may seem as if after all the exhibit was
But in
not a very favorable one rather the reverse.
explanation it should be said that two groups of roads

have lost heavily. The groups referred to are the
QUARTER.
almost needless to say that the exhibit of net Pacific roads and the coal roads; the former had done
earnings which we furnish to day affords a favorable remarkably well last year in March, forming then about
comparison.
Such a combination of adverse circum- the only exception to the rule of decrease. But this
It is

March last year, with the loss in year notwithstanding the gain of $535,793 on the
net which this occasioned, making the month the worst Northern and Canadian Pacific, the total for the
in the whol6 year, has few if any parallels in our rail- Pacific section, as shown further below, nets a decrease
stances as existed in

road history. The strike of the locomotive engineers, the
blizzard, and the rate wars in the Xorthwest and Southwest, so operated to reduce net results that our table
comprising 69 roads showed a decrease of $3,391,335,
or about 25 per cent.
With circumstances so entirely
different now, especially in the matter of rates, it is not
wonderful that there should have been a material
recovery the present year.

And

yet prevailing condi-

tions have not all been favorable in 1889.

One has only

to look at the returns of the coal roads,

showing the

effects of the

diminished demand for

sider the great falling off in

the

coal, or

movement

to con-

of wheat,

of $403,437, thus demonstrating

that the other roads

group have lost over $900,000. The loss comes
chiefly from the Union Pacific, the Oregon Navigation
and the Southern Pacific. Equally unfavorable haa
in that

the coal companies.

The

roads

been the result

ffn

embraced

group suffered a large decrease in

month

in this

last

year, but

now show

a further falling

this
offj

though the bulk of it is supplied by the Reading.
That company reduced its net over $300,000 last year, and
However,;
for March, 1889, knocks off $348,000 more.
all the roads in the coal group with the exception of
the lines in the Pittsburg & Western system, show

reduced net.
It is not till we become fully cognizant of the part
west, to be convinced of that fact.
Besides, there was
played
by the coal roads and Pacific companies that we
one working day less in the month this year that is
how favorable the result for March as t
appreciate
there were only 26 days, against 27 in 1888. Altogether,
is.
Outside of these two groups, no othei
really
whole
therefore, though a heavy gain was expected, the actual
showing as reflected in the following summary, must be section shows a decrease in net for the month. And
the best returns come from those sections where tlit
regarded as very satisfactory
contrast in the situation of rates as between this yeai
March.
Jan. 1 to Mar. 31.
and last, is most marked. Not only have the larger and
(97 roods.)
ai8rood«.)
1888.
more prominent companies done well, but nearly all th<
18E9.
Inc. or Dec.
1889.
1888.
IruiJ>rDec.
t
t
%
$
t
smaller roads have also shared in the improvement,
particularly in the spring-wheat districts of the North-

—

Gross earn '9 42.611,961 40334,323
Oper. exp... 2B.32B.eP0 29,026,928

Net earn'n

We

+1.S77.876

J2,si8.lSi

SH,flO!l.7HS

^5.S4S.Bf9

an improvement of $2,177,638

in the

l1,3r7.::Pri

l.f.185,871

find here

+-2.177,638 148,400,494 189,921.678 +8,478,816
+291',7e2 106.082,012 102.951,W5'+3.IS0.127

gross and $1,877,876 ia the net as compared with the

month

of

March

last year.

The gain

in

the net at

And

this

is

the more noteworthy, considering what

C

matter the reduced movement of wheat mu»
have been. In the Northwestern section, only the lowi
Central and Keokuk & Western report lower net, and at
In the Southwestern grouj
these the loss is very small.
with decreased net, but ii
minor
lines
we also have two
serious

making
But March, the Middle Western section there are none at all. Th(
1887, was a month of extraordinarily heavy traffic and trunk lines show a loss only in the case of the WabasI
earnings, the passage of the Inter-State law having (Eastern lines) and the Erie, the latter no doubt wholl]

least

is

considerably less than the loss in 1888,

the result not so good as in March, 1887.

hurry freight forward in anticipation on the coal traffic. All these roads have berefitted mor<
when the law or less from the improved situation as to rates. In tb
should go into effect.
Other favoring circumstances Southern section the losses are somewhat more numerou*
also existed at that time.
With these differences in the embracing the Central of Georgia, the East Tennessee
situation the public could not and did not expect for the Norfolk & Western, the Petersburg, and the Rich
mond & Petersburg. Still, this group as a whole make
1889 as favorable results as for 1887.
induced shippers

to

of unfavorable changes in rates in April,

May

THE CHKONICLR

18, 1889.]

a very satisfactory showing,

&

gain on the Louisville

greatly by the hirgo

siidcd

plies

an

647

not of
road embraced participates.

A'ushvillo, already referred to.

iiicreiisu in

»a,.'iHl,:n»i, in

which ererj

The St. Paul has a gain
Burlington & Quiney 18.59,408, with

In the Eastern and Middle group the Camdeu & Atlan- of *918,88y, the
tic and the AVest Jersey have losses, the rest gains. The *^'.»0,626 more
on the auxiliary HVHtem, the Burlingtoa
following ])reseuts the results for each group, not only & Northern »174,4C0, and
the Milwaukee Lake Shore
for March, but for the first quarter of the year.
The & Western *-i02,G0O. The Southwestern Mcction reflects
statement for the quarter is more comprehensive more moderate improvement,
than

that

the month, because a

for

number

of roads

ri^inl.s

and yet three
are the only ones with diminished net.

minor

which furnish quarterly returns do not furnish monthlv
returns.
ant$ Eaminoi.

Ntt Eamtngs.

irarcA.

Trunk

lines

1888.

1888.

t

*

1888.

1?,007.078, ll,45f,974

(10)

1888.

1

*

Inc.nr

t

1

3,834.060

8.824,001

+210,059
+863,703
+1,516,615
+208,186
-403,437
+819,501
-100,651

Middle Western.. (13>
Northwestern
(8)

2.209,091,

1,926,217

815,638

5,330,814

.... ill)

3,0fl2,(J43

8.981,191
«,346,838

1334,194

S.mihwe tern

879,749

561.916
887.6 n»
671.268

l'«oiacsysteais....(l8)

9,187,810

8,000,6931

8.404,030

Southern roads
(IB)
Coal companies... (10)i

4,736.668

9,732,774
4,294,121

1,563,920

1.316.419

S.783,687j

4,147,824

738,8S3

1,374.364

1.261,317

431,57^1

330,510

«00,»«7

Total. 97 roads,... "42,511.9Tl

40,331323

13.185,271

11,301.893

+l,87,-.876

48.233.110

14,107,0901 13.443.513

+6()1,5»7

—

&

Bttstern

Middle.. (8)

Mexican road

Jan.

(1)

April

1 to

!,U5,5S»
302,539
84,636 def. 25,905

+ 129,019
+110,561

I.
1

Irunlt lines

49.206,10S

(14)

Middle Western.. (18
6,501.903
6,819,004
Northwestern
16,.364.24I 13,866,0a9
:9)
Southwestern
(11) 10,427.657
9,153.958
PaclDc systems..., (18' 26.122.415 2;,V06,7B6

2.230.656

1.609,911

+610,775

4.442,443

1,801,466

+2,581,871)

oothera

roads.. ..(18)

1.784.583(

+741,198

6,734.183'

7.l55,830i

-421.61'*

l).06a.47Ui

13.111,159

4,770,479'

4.211,'23|

3,094,618
3,2o3,287

2,530,761

Coal companies.. .(Id)

1

4.771 .7H6

13,484,760

8,637,905

aatern &

13.032.403

11.360.301

8,690,092

907,4tf7

576.521

194.443 de/. 46,445

+539,4J4
-6e,70B
+436,8(5
+240,890

Total, 118 roads... 14H.400.494

39.931.678

42.318.482' ,<i«,960,7»3

+5.348,680

.Middle.(18)

Meiican road

(1)

[From our own oorreipondeDt.I

Dk.

t

London, Saturday, May 4, 1889.
Yesterday flie tenders were received for tlio five milliona of
Treaaury bUls about to be issued to enable the Chancellor of
the

Exchequer

pay oflf 1.5 millions sterling of consols on the
Half of the amount is in bills at nine months
and half in bills at twelve months. The average r<»te of di.»couiit was 3 11-18 in the case of the nine months' bills and a
little under 2 13-18 in the case of the twelve month's billa.
These rates are higher than seemed probable. As three months'
bank bills on that same day were quoted in the outside market
at 1^^ per cent, and as the new Indian loan, amounting to 9^4
millions sterling, was taken on Tuesday last at a trifle less than
3 per cent, it is urged that the Briti-th Government ought to
have got what it wanted for nine and twelve months at leas
than 2% per cent. It is to be said, however, in e:cplanatioa,
tliat the loanable capital in the outside market is small
so
.small that during the week ended Wednesday night the public
14tli

to

of April.

—

Bank of England over two millions sterling.
Furthermore, five millions sterling is a very large sum. and
many who would gladly take three months' bills and sli
months' bills would not care to lock up money for nine and
twelve months. But still the difference between the outside
market rate and the rate charged to the Government seems to
be excessive; and it is felt that if the Chancellor of the Ebcchequer could not make more favorable arrangements with bankers, it would have been the wiser course to have issued shortdated bonds, which would have been welcomed by numerous
Ixin-owed of the

I

BOTE.— IKCLUDED USDEB THE HEiD OTDenver & Rio Grande.
i Rio t»r. West.
Uen. South Park & Pac.
Ft. Worth 4 Ueo. ity.
lluuntoa & Texas Co it.
l.jav. Top. 4 Soiithw'n.

Trutik Linet.
B. & II.. Fust ot Ohio.
B. SO., We. t of Ohio.
Boston li Albany.'

i

Cler. Col. CIn.

fir.

Haven

-Man.

Alma

4

,n.-

K. V. Chic. 4 -t. Li.uls.M. Y. Lake Erie 4 West.
Ohio 4 .Mlsssi.~slpl.
PennsTlvan a.

PdcOlc SueUms.
Cal forma Southern.
t'Hnadlun PaciHe.
iVorthern Pacinc.

Wabash Kailway.

OrcKOu Imi-rovem't Co.
Pre^coll

Ariz.

Cem.

So.

1.

Cln. Ind. 3i. L. 4 C.
Clevelarid A Canton.

Cleiulard i<t .Vlarletta.
Det. Bay City & Alpena.
Flint 4 Pere Maruuctte.

N. Y. Tejc.

4

^ex.

Texas 4 New Orlean?.
Union PaclBc.?
Munt>-na Ui.ion.

Illinois Central.

Lake Erie 4 Western.
Lonlsril e N, Alb. 4 Chic.

Ogden 4 Syracuse.

OreKon Ky. 4 Nav.

Max. Cil. 4 Northern.
Ohio River,

tirek'un
L't;ih

gcioto Valley.

Utah

4 Ohio

4

Pac— Pac. •iyston.
G Har. 4 S. A.
I.fniis. Western.
M.irK.n's Ijh. 4 T.

Middle Western.
Cairo Vln. 4 Chic.

Toledo

Burl.

.t

St. Jos. 4Ud.lfland.
St. Loais
San Kran.

Mil.
Midi. So.'
Jt

Lake Shore &
H. Y. Cent.4 lluds

A
4

Short Line.
Nevada.
Northern.

Chic. Buri.,t Wuiiicy.
Lines controlifd.
Chic. Mil. 4 St Paul.

Ches Ohio

Louif.

West VirKinlaCent.
Eastern 4 Middle.
AUetiaeny Valley
Ratiiui'ire 4 Potomac.
Brooklyn Elevated.*
lamden 4 Atlantic.

Cln. N. O.

New

(Jrl.

4

Soulhw'n.

4 Tex Hao.
4 Ni.rtlieast.

Vick burx 4 Meridian.
VickfburK Sh. 4 Pac.
n,* Kiist Tenn. Vh. 4 Ga.
KiioxvJle4 0hi
Kentucky Central.
.

Uouisvtile 4 Nashville.
ouisv. N. (trl. 4 Texas.
Xash. Chat. 4 St. Louis.

S. Ke.J

Central Br. Union Pac.

4

Hudson.*

I'Onu island.*

Val.
Central ol lieorKts.
<'hesal>eake 4 Ohio.

Si/iUhwc^tern.

Atchiscn Top. 4

I.ykens Valley.
Sjr,icu-e Binir. .V N Y.*
Western N. Y. 4 Pcnn.

I

Rfiadit,

Cape Fear 4 Yad.

at.

Pi ts. Painesvill.<.t F.

PittsburK 4 Western.
Reims. 4 Saratoga.*
uiumit Kranch.

i.ehitih

Southern
Knrthu-tsUrn.
Burl. Ced. Kap. 4 North.
Chic. Burl. 4 North.

Minn. 4

Coal Companies.
Alba-ay 4 Susjuehanna.*
Baffalu It ch. 4 Pitts.*
I'enlral of New Jersey.
D. L. W.— leased lines.*
.V. Y. 4 Canada •
Phila. 4 R.-ading.
P. 4 a. C.inl 4 Icon Co.
IMlf. Cleveland & Tol.

Fitchbora.'

Central.

Iowa Ceritral.
Keokuk 4 Western.
Mil. L. ^hore4 Weste

Pe.ersburtf.
Rich, .t Petersburg.

<

Ind.

Grand Trunk u (-anaiia.
Chic. A- Uiand Trunk.
Bet.

Natchez Jacks'in 4 Col.
.V .rlolk 4 Western.

l>enver

Manhattan K'evatel.*

N. Y. 4 New Knglan 1.*
N. Y. S. H. 4 Hartford.*
N. Y. (Ontario A West.
N. Y. Ph ladelphiai N.'
Northern Central.

Ck en burn 4
Roii e Wat.

4

L. Cham."
Ogdens.

Staten Island.
Utica Clinton 4 BIdk.*
West Jersey.

Mexican

Itnnd,

Mexican National.

Roads marked thus are not Inc aded for the month, but only for the

•

quarter.

|(nc;udtn2 whoiesyst m.
1 Includiug that
ectlous.

The

pan

a'l

bat Callfonia Sou' hero.

of the system not (jparately siren la this or other

results for the quarter as

careful study.

The

here given will repay

period in question covers the

first

determined and successful effort to maintain rates after
a long period of demoralization an effort the outgrowth
of the Presidents' agreement, and the organization under
it of the Inter-State Railway Association. The period also
embraces some other impoi'tant modifications in conditions between this year and last, but the agreement as

—

to

rates

has

do

we

find.

we

have

been

the

chief

Taking the

returns

there

is

change.

118

an

Now, what

roads from
increase

of

which

|i8,478,-

816 in gross earnings and of $5,.348,G89 in net earirings.
As in the case of the figures for the month, only the

group and the coal section show losses. But
the important point to notice is that the gains are
Pacific

largest in those districts

important factor.

where rates have been the most

classes of investors.

The expansion of the internal coin circulation, owing to the
improvement which has been going on since the end of
February, continues, and just now it is being increased by the
special Scotch demand which always arisps in the beginning
of May. During the week ended Wednesday ni;;ht the Bank
of England received net from abroad £30.5,000 in gold. But
nearly £150,000 more than that amount was taken from the
Bank for the internal circulation. Altogether the increase in
the internal circulation since the end of February is not far
short of 3J^ millions sterling. The large receipts from abroad
have nevertheless kept the market easy. The imports lave
been considerable from Australasia and New York, and of late
they have been augmented by receipts from South America. The
Argentine Govemmpnt.a couple of months ago,beca;!ie alarmed
at the continuous rise in the gold premium, and paid out
into the market very considerable sums in goliJ. There lias in
consequence been a fall of 10 or 12 per cent in the gold premium, but nevertheless lar^je shipments of gold have taken
More than half a million sterling has already been replace.
cciv. d in London, and as much m^>re or somewhat over b on
the way. In spite, therefore, of the large withdrawals from
the Bank of England for the internal circulation, it does not
seem probable that for some mouths to come there will be
much rise in the value of money. On the other hand, much
A temporary activity is possible on the
fall is also unlikely.
13tn of tiiis month, because on that day the 3 millions sterling
of nine months and twelve months Treasury bills will have
trade

to be paid for, and the transferrence of so Isrg^ a sam may
cause a temporary scarcity. But on the following day, the 15
nullions of consols which the Chancellor of the Exchequer
pro|)08e8 to redeem will have to be paid for, and a considerable

proi>ortion at least of- the

likely to be retained in the

outside market.

fluctuations,

amount is
With temiwrary

owing

to ex-

circumstances of that kind, the likelihood seems to
be that there will not be much change for some time to come.
The silver market continues featureless. The Indan demaud has not revived and the Indian exchange uptm London

cei)tional

is

rather weak.

But for the past day or two there lias been
believed to be on acooont

Thus the Northwestern group sup- some small buying of silver, which is

„

-.

THE CHRONICLR

648
of the mint.
is

This has kept the price steady, but the tendency

nerertheless downwards.

The market for American railroad shares is stronger and
more active than it lias been for many months past.
The general public does not as yet take much interest
in it. But the feeling of the Stock Exchange has com-

now decidedly favorable, and the
There are
outside are buying steadily.
symptoms, too, of reviving interest upon the Continent.
Since the war scare at the beginning of 1887 Continental
changed, being

pletely

have persistently kept out of the share marhave dealt largely for a considerable time
past in bonds. Now, however, the feeling upon the Continent
seems to be changing, and there are signs of a growing demand for shares. Consequently, the impression is very general that the movement which has begun will extend, and that
for the remainder of the year business will be active and large.
The advance in international securities proceeds niemly.
The chief activity this week has been in Turkish and Greek
bonds. It is reported, on what seems to be excellent authority,
that Prince Bismarck is about to propose the establishment of
an international financial commission in Tin-key. The proposal
is warmly supported by Austria- Hungary and Italy, and communications aie going on, it is said, with our own Foreign
Office to secure its adhesion. The report is that as yet no communication has been made either to Fi'ance or to Russia, as it
is known they will not be favorable, and it is thought that the
most likely way to induce them to join is to prove to tliem the
plan can be carried out without their assistance. The immespeculators

ket, although they

is the desire to enable
Russian war indemnity. The indemnity
is always in arrears, and of late the Russian Government has
been using this as a means of pressure to induce the Sultan to
enter into an alliance which would make Russia mistress of
the Bosphorus. Prince Bismarck wishes to wrest from Russia

pay

are favorable.
The following shows the imports of cereal products into the.i
United Kingdom during the first thirty-five weeks of theFj
season compared with previous seasons:
IMPORTS.
i

1887-8.

means of pressuie, and an international financial commission which would reform the Turkish fiscal system and insure
the collection of the taxes would increase the Turkish revenue
and raise Turkey's credit. But the Sultan is very much opposed to the proj)osal, which was suggested to him last year
by the Italian Minister at Constantinople. He feels tliat an

commission would reduce him to a position
somewhat similar to that of the Egyptian Khedive. It is not
known how Prince Bismarck proposes to get over the objec-

1886-7.

cwt. 41.020.223 30,592,689 .'?4,443,175 3],475,19»(
Barley
14,219,220 12,M02,611 13,064,111
S.103,82»i
Oats
10,012,209 10,024,694
9,074,145
6,484.99ari
Peas
1.759,901
2,228,001
1,648,622
1, 398,55*'
Beaua
2,319.745
1,835.014
2,096,1851,703,710
Indian corn
19,475,112 14,-41,336 18,9«2.220 19,210.191!
Flour
9,736,445 13,191,122 11.818.274
9,031.248
Supplies of wheat available for consumption (exclusive of
I

stocks on September

1):

188e-9.

1887-8.

1886-7.

but the great capitalists of Berlin are confident that
devised a way of doing so. They point out that the
present condition of Turkey is a danger to the European peace;
tion,

ha.s

that, therefore, the

188.5-6.

ImportsofTOheat.owt. 41,020,2'::9 30.592.639 34,443.4 "5 31,475,19»
Imports of Hour
9,736.445 13.194,122 11.K18.274
9.031,248
Bales of home-grown. 25.824,536 29,253,426 21,114.281 30,J96,a28
Total

76,581,210

73,040,'.37 70,376,030 71,502,67»
1838-9.
1887-8.
1886-7.
1885-6.
7fl.
9(1.
328. 8d. 3l8.
30.s.
V\.
season. 3 Is. 4d. 303. 2d. 32s. 7d. 30a. 5d.

week. 29s.

Aver, price whe.it
Aver, price wheat

The following shows the quantities of wh»at,
afloat to the United Kingdom:

flour

and

maize

Lant toeek.
1,700.000
21X.000
207.500

This week.
Wlieat
qrs. 1.524,500
Flour, equal to qrs.
248,000

Maize

285,500

avs.

1887.

ISSS.
1,948,500

1,700,.50(>

216,000
258.50O

196,001)

355,000

>

EiiKllsh Financial Markets— Per Cable.
The daily closing quotations for securities, &c., at Londoik
are reported by cable as follows for the week ending May 17:
London.

Sat.

Mon.

Wed.

Tues.

PH.

Thurs.

42i,8
40.4
42 14
4214
423,„
4,2-'ie
99 13
Consols, new 2^
9813,6 98i:tiii 99
991,6
991,
9918
do
for account
98l3,e !815. 931,
9'!i6
991s
87-60 87 471*
Fr'oh rentes (in Paris) fr. 87-47i£'87-40
87-72's 87-70
llOis IIOI4 IIOI4 xioy
I11914
U. S. 4i2aof 1891
109
131^8
132
132
132
132
D. 8. 4s of 1907
132
5778
5818
Canadian Pacific
57
57%
5678
5 184
6958
6914
6912
Cliio. Mil. & St. Paul....
68
6>iH
695fl
29 18
2913
28^8
Erie oouimon stock
28%
28%
28%
II7I4
Illinois Central
117
11713
II719
1161a 117
5514
Pennsylvania
55
5558 Xi4n8
5mi
51%
23 14
Philadelphia & Reading. 22;!8
22^8
22%
22%
2 2 'a
New York Central
103% lOilia 109% lO.l'D IO9I3 103 13
Silver,

per oz

d.
percts.

,

^avoLvoLzxti^l attft |?EltsceHatte0US Mzxos

international

he

188,5-6.

Wheat

off the

this

XLVin.

The wheat market remains without feature. Very little
English wheat of good quality is offering for sale, and the
price declines because of the bad quality which is coming forward. But the prices of foreign wheat are maintained. The
reports of the growing crops at home and upon the Continent!

diate reason alleged for the proposal
to

i

[Vol,

larger oj-erators

Turkey

a

i

—

Imports and Expokt.3 for the Week. The imports of last
week, compared with those of the preceding week, show a,
decrease in drv goods and an increase in general merchandise.
The total imports were |10,30r,-350, against §9,818,499 the
preceding week and $9,574,153 two weeks previous.
The
exports for the week ended May 14 amounted to §6,919,365,

against §4,299,053 last week and $6,173,073 two weeks jirevious^
European Powers have a right to interfere The following are the imports at New York for the week endand that Prince Bis ing (for dry goods) May 9 and for the week ending (for gen-

for the purpose of applying a remedy;

assured of the vigorous support of England, wU
At all events, the buying of
Turkish bonds from Berlin has been continous of late and on a
Tery great scale.
In the other departments of the-Stock Exchange, the only
thing of interest is a wild speculation in the shares of the Brit-

marck,

if

overi-ide the Sultan's objections.

eral merchandise) May 10
the first week in January.

;

also, totals since

FOREIGN LMTORTS AT

I'jJiJ

For Week.

1886.

Dry Goods
Gton'l mer'dise..

NEW YORK.

1887.

$1,662,126
6,423.976

the begimiing o£

$1,093,443
6,080,129

1888.

1889.

$1,851,197,
6,400,107|

$1,504,247
S.703.00»>

Total
$8,091,102
$8,257,304 $I0,'.O7,25»
$7,775,572]
Water Gas Company, a company which was brought out
SiJice Jan. 1.
only a few weeks ago, and which has not yet obtained a special Dry Goods
$46,193,419 $48,995,214 $52,922,23 i! $56.312.51«
110,055,028 124,317,231 126,437,580 132,745,798
settlement. The £5 shares have been run up to a pre mitxm of Geu'l mer'dise.
£ii. On Thursday there was a sudden fall in about half an Total 19 weeks. $162,248,447 $173,312.4^5 $179.359.,? 5 *189,0S8.23»
hour to £15, then as rapid a rise to £18, and in the Street
The following is a statement of the exports (exclusive alt
there was a f urthur advance to £23. Yesterday there were specie) from the port of New York to foreign ports for liie
again wide and frequent fluctuations, but not so violent as on week ending May 14 and from January 1 to date:
EXPORTS PROSI NEW YORK FOR TUB 'vEEIv.
Thursday. The company is forming subsidiary companies all

ish

1

over England, and

has sold

patent for Scotland to another
is itself to form subsidiary companies in different parts of that country.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c.
compared with the last three years
it

:

Olronlatlon
Pabllo depoalts
Other depoaltB

1889.

1888.

£

£

16,«59,948| 17,7*9,712

Other

28,139.784] 19.057,548

Beaerreof noteaandooln
Coin and bullion

Bank

llabllitlea

rate

Oonaola

Clearlng-Hoaae retnm

£

24.734,415
6,332,o32
9,124,867|
25,752.254' 24,8;S.077

GOTemment

Prop, asseta to

1887.

24.001,295

secorltleB
leonrltlei

p. c

1886.

its

company, which

1886.

For the week....
Prov. reported.

The following
at the port of
since January
1888 and 1887:

25.048,900

5,717,3211

7,013,505

24,7)8,466

22,770,3.14

Week

14,683.498

Germany.....

»p.O.
lOlM

P. c.

lOl^i

2 P.O.
102 11-16

89 3-16
2 P.

101 3-16

I

Imports.

Since Jan.l.

$50,5rO
502,881

Week.

$164,050

774,759

1,2:5,905
1,018,377
109,341
22,SS9
54,858
271.122

.......

"'ido

2,799'.53S

South America

"jso

10,500
1,448.330
76,200

"5',.552

$554,631 $13,09H,134
579,384
5.428,082
43.260
5,272,226

$78,032
131,735
121.182

All other countries...

Total 1889
Total 1888
Total 1887

600

Since Jan.l.

$7,986807

West Indies

21,027,950

170,813,000 154,t2u,000 146,755,000 125,394,000
I

*

Exporl^.

21,288,835
ll,7a»,050

2M

1,

Gold.

18,738,052
13.«r«,450| 11,718,270' 14.780.005
22,137,745 20,250,0» 23.905,705

i»'4

shows the exports and imports of specft
for the week ending May 11 and
1889, and for the corresponding periods i|

table

EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.

14.754,751

8-M

1889.

$6,019,365
121,267,826

New York

i

24,.375,109

1888.

$6,673,413
105.138.207; 103,030,082
.t5,745,155

Total 19 weekf. $107,635,408 $1 10,883,362 1$109,724,095 $128,186,1

Great Britain

S9

1837.

$6,680,009
100,955,399

1,500
1,500

$2,846,,542

4,021,638
4.150.449

i

'

.

May

THE CHRONICLE

18, 1889.J

Importt.

Export*.

eUvir.

Week.

Great BrlUln..
FrHiu<e.

$236,00)
7,500

OiTiiianr
Wi'^ii luaios
Mi-\ico
B<>ulh America
Ail other countries,

ainet Jan.\.

$0,307,777

Wetk.

8ine*Jan.X.

$0,733

•48,600
508

835

71,448
40.!'25
y2,l?43
421„')23

10l),»00

101,388
1.3,871

10,200

139,813

4,080

Totan889..

«2.53,70;i

916,298

Total 1888.
Tot«11887..

110.0S8

»e,0i;8,779
•1,«47,I77

2<!4,4(U

4.02.'i,!>23

—

1

$61(!,G0i!
700,N(il

242,
88,825'

on, SOS

Duluth South Shore & Atlantic Railway first mortcrold bonds, offered by the banking house of Messrs,
->u 11. Brown & Bro,, are among tlie most prominent
mortgage railroad loans coming on the market this year.
ills road has been completed for some time, and luis very
-irong alliances. The entire issue of these bonds is limited to
-4,000,000, and they are secured by a first mortgage upon 390
This is at the rate of about 810,000
idles of equipped road.
per mile of road, which, the bankers state, has cost throe
times that amoimt In money, or over §30,000 per mile to build
and equip. Tlie bonds are also a first lien upon §1,500,000
wortli of rolling stock, and a first lien upon the valuable terminal properties and improvements belonging to the company
n Saiilt Ste. Marie, St. Ignace and Superior, worth over
^Tlie

649

vratmenta. Those gccuritiea are quoted
CiiiiONic'LE to-day.

—MesRra. E.

on «nothor page of tho
•

&

L. Opp<-nheim
Co., of Now York and Ixmdon,
removed their banking and brokerage office* In thin city
SI and 68 New Street to 83 New Street and 4 Exchango

have
from

Court.

New York— MoitTHLY

FoBEiaK Trade of

STATEMKirr.— In

addition to the foregoing tablea, made up from weeklv returns,
we give the following figures for the full montha, also iMoad

by our

New York CuHtom

The

Uouae.

first

statement ooren

the total imports of marchaadiitn.
iMPOKTS iirro vaw tobk.
ises.

.

1

Month.

0*iMral

Dm

O iurat
Utrekan-

Drt

lataL

SockU.

nuL

!

Since the majority of the capital stock of the
(iimpany has been purcha'-ed in the interest of the Canadian
Pacific "Railroad, $4,000,000 of cojisolidated bonds have been
issued, and upward of $3,,500,000 has been expended upon
the property, all of which goes to strengthen the security of
the first mortgage bonds above naentioned. For further particulars, see advertisement in the Chronicle.
The New York Security & Trust Company has just organized
for business and ojiened fine offices in the new building of the
Bank of America, corner Wall and William streets. This company starts under a most excellent management, with Hon.
Charles S. Fairchild, ex-Secretary of the U. S. Trea.sury, as
President; Wm. H. Appleton, of D. Appleton & Co. as 1st VicePresident; W. L. Strong, of W. L. Strong & Co., as 2d VicePresident, and Mr. John L. Lamson as Secretary. The capital
IS one million dollars, with a surplus fund of a half milUon
dollars, and the company will receive deposits and allow interest oil same, and also be a legal depository for money paid
into court, and act as guardian, trustee, executor and admmisfaator of estates and otherwise do all business that belongs to
-^

!

I
Jftnaarr....

lS,gsi,16U

31,tMa,H7 «';.6«,717

1B.S30.747

February

t3,T»8.Sat<

3o,:isg,£90

U.2«0.40« Sl',484.tail
lo.iei.mw 3i,iai3ui

44.I38,<S8
42.3 tCM J

1«,7««,&53 M,SI4.3M
I2,2S8,SMj Sfl.SK.MS 4l,S0l).<Se'

Iditrch

April

KXPOBT8 FROM

KEW

4t.78Sjai

11,U7.M7 «7,Sr7,7f7

B7.838.il»8 121.158.2^7 !T3.b»15l9

Total....

,3t»0,000.

—

..

M.071.C

TOBK.

1U..140.70I 1S3.41I.74S

OUSTOia BBOBUnV.
At Sou

Total MerehanilUe.

rsrlk.

Month.

Month.

1869.

«

January
February..
March

|

80,156,144

24,055,029| Jannary,..

I4.0S1.730

t
]3.49e.(n

86,242,030

S6,S4a,987ilFebnuu'y..

1S,IIM,911

lS,150.a(ll

13.433,004

ILOWMS

ll»3,';37

ll,Ue,«M

52,873.402

4M 86*1.880

2il,85U,e39l 22.863,204'

!

Marob

2»,108,075| 8S,086,227J April

April

1868.
I

I

Total...

1

New York
II, 1889, is

1

Total.

14,865,8741 9S,328,717

Bank Statement for the week ending May
follows.
We omit two ciphers (00) iri all ca«««.

City

as

,

a

strictly trust institution,

—The

mortgage 6 per cent bonds of the Oregon Pacific,
^5,000,000, are offered for subscription at par and accrued
interest by Messrs. Barker Bros. & Co., of Philadelphia, and
the Manhattan Ti'ust Co., of New York. The company is now
Eerating 136 miles of road and has 70 miles under way.
hen completed the company's main line will be 600 miles
ig extending from Yaquina Bay, which will be the only
coast seaport in Oregon, to the eastern boundery of the State.
The people connected with the enterprise are well-known
first

capitalists of the East, while those who are residents of
Oregon are identified with the development of the territory
traversed by the road. Very full details are given in the ad-

ertisement on another page.

—

Mr. Wjilliam Dulles, for more than six years Assistant SecChicago
retary and Treasurer of the Louisville New Albany
Railroad, has resigned his position to accept that of Treasurer
of ttie Presbyterian Board of Foreign Missions. Mr. Dulles, in
thus voluntarily giving up his busmess life down town to accept an important position on one of the principal boards of a
leading Cliurch, will carry with him the best wislies of many
friends who have known him in Ws college, church and busiJiees life..
Mr. John A. Hilton succeeds Mr. Dulles in the
C. office.
L. N. A.

&

&

—The American

AssociaWon of Pubhc Accountants pub-

lishes its card in the C:hkoniclk each week, and the purposes
IMid character of the association are worthy of the attention of
inerchants and bankers. Any concern which endeavors to

organize and dignify and hold to responsibility a certain cla.ss
of btisiness men who have occasion to act as trusted agents,
deserves the favorable notice and patronage of the public.
'Offices of the Association are at 120 Broadway, Room 51.
Double—Attention is called to the card of Messrs. MiUer
lay, liankers and brokers.
This firm has been established for
business
a number of years and is composed of experienced

&

The house makes a specialty of investment
besides doing a general banking and stook commission business.
Their offices are in the Bank of America Building, 44
Wall Street.
5Iessrs. Harriman & Co. offer in our cohimns a lot of
bonds for careful investors, among which may be fcjund Nortliern Pacific &' Montana Ists, 111. Central 4* gold, Milwaukee
Lake Shore & Western extension 5s, &c.
—Mr. Walter Stanton, of the banking firm of Messrs. Coffin
& Stanton, Nos. 72 and 74 Broadway, this city, sails for Europe
on tlie Celtic, which leaves on the 22d inst. Mr. Stanton goes
abroad on business connected with the London branch.
—A lot of $75,000 6 per cent 20 year sewer bonds offered by
the City of Chattanooga were bid for by prominent bankers
in different cities, and all awarded to Messrs. N. W, Harris &
men.

securities,

B4NKS.

—Mr.

Heron Crosman, of 73 Broadway, deals ill electric
all classes, and makes a specialt/ of this class of in-

J.

stocks of

Letalt.

Spteit.

iVporit*.

2,000.0
Z.O.'JO.O

562,2
1P6,7

Mercbautft*
Uechaiilos*

2,01)0,0

79H,:<

2,000,0

,640,3

America

»,(K)0,0

,SS8,!i

Phenlx

1.000,0

Olty
rrail68rapn'8..

1,000,0'

Chemical
MerchautB' Rxch'nge

300,0
600,0
1,000,0

623,1
335,0
213,3
809,3
104,2
290,9
270,9
203,0
100,0
eos,6
73,9

1,000,0

Oallatln National
Butchers' A Drovers'.
If eohanlcs' <k Traders

Oreenwich
Leather Manafaot'rs.
Seventh N.itlonal
Stale of New York...
American Kxchange..

Commerce
Browlway
Mercantile.

300.0
200,0
200,0
600,0
300,0
5,000,0

1,

481,9
606,2

5,000,01

3,

133,4

1.000,0
1,000,0

'

1,'200,0

42'.J,7

Paolflo

Repabllo

1,500,0

Chatham

450,0
200,0
700,0

Peoples'

North America.
Hanover.

1,000,0
500,0
OOC.O
SOO.O

Irving
Cttlitins'

Nasrtaa

A Falton

Corn Exchange

750,0
500,0
500,0
1,000,0

Continental
OriontaL
Importers'
Traders'

1,000,0
300,0i
1,500,0

Park
North River
Eaii River
Fourth National
Centrsl National
Second National
Ninth NatlonaL
Flr»t National
Third National
S V. Natl Kxcliaoge

2,000,0:

Market

Nicholas.
Shoe
Ijeather
at.

A

A

Bowery

New York

County...

Cieriiian-Atnerican...

Chaw

National

Avenne
German Exchange..
Fifth

Oermania
nnitetl States

Lincoln
aartield
Fifth National
Bank of the Metrop.
weat Kide.

Hmbownl
H xtn NauonaL

WMt«m

N. York.'
...

20

...

•

iioalon.*
Apr, 27....

May

500.0!

1,000.0
300.0
250,0
200.0
750.0
500.0

1000
200,0
200,0
600,0
300,0
200,0
150.C
300,0
200,0
500,0
3.500,0

4

..

11...
Apr. 37....
"

8,'44."
2,668,8
i:, 684,3
6,072.9
2.028,5
4.269.6
15.253.7
3.092.0
2,794.9
2!607,4
4.014,7
2,078.5
3.140.0
6.644.5
5.355.6
2.167.0
22 •J7''' 4
21.327,6
2,043,1
1.2.6,3

264,9
878.6
J7f,«
683,1
i''6,0

2n,'i
,070,9
,2-1."
,888,7
ll'.i,7

I8,S9t>.l'

496,6
212,0
289,7

8,696,0
4,2'J9,0
5,1 "7,0
23.550.9
7.S47.0
1,579.6
2,K!6.4
2.561,6
2,799.7
9.073.5
4-04-.2
2,949.6

,15'.;,5

237.8
l!22,b

387,4
130,'.i

20S.f
6;)i,v
703,'J

39b.c
,^65/
505.3
217,3
2.M.4
35'A
461,3
S1S,4
127.6
80,8
152.8

Sfteit.

f

9

*

207'.',0

5.153.4
3.034.3

672.0
e20,2
721.0
725,8

],5aS<,

1.960,1
10.631,4

4....
11....

UirUM.

226,8
1,012.4
509,7
610,1
87,4

I'iO.O

465,0

3.164,0

127.4

1B0.71

l,.t«l,S

481.9
369.5
386.7

377

4

2.'.T

2,2S)I,
2,'.i6-',:<,

1T9.4'
1,065,51
435,11

9063.7

347,9
663,7

281.3

4,'-!95,8

i.iss.i

17..'.79.«

5'il,8

40.\2
lS'o,7[

485.0
800.9

'296.6!

2i'3,6

349.1
219.7
108,

2»i.6l

943,3
189,2
695.0
924.6

435.0
34 '2,0
661,3
402,9

98'J,6

175,5
4,270,7
3,317,8
83,9

l,92J,';f

2,610,9
173,9

273,0

15S,5|

3,414,0
1,540,0
1,219.0
1.4:7,8

l,"'2l<,>>|

3,'.'fA9

2.4-22,1,

1,911,1

389.8
124.2
343.0
267.5
154.6
735.9
128.0
702,7,
301,3

1,384,0|
ll-',0

503,2

•..9S,7

593,8
525,5
507,8
1.731,8
1,135,0
191,7
1I»,7
1,422,8
741,4

.^5.4

3.150,0
8.431.8
3,158,1

4288,9
1,963.4

4028.0
6.! 13,4
tl.203.3
•2.171.3

'23.709,8
•2S.190.8

2,250,1
1

437,8

19, •91.4

•"•i?i'2
5.243.0
5.972.7
33.388.8
8.655.9
1.597,8
2 988.1
8.179.0
3.697,7
10.331,0
4,450.4

8586.7
2.87'2.4
6.«1'3.7

3.13.7

391,0
638.0
470,0

467.5
345,9
864.6
a84.U
»77.0
135.0

1.675,4

1.063,8

671,6
356,6
1,037,9

8.-'05,8

1,901.8

5338.8
3.478,0
4.314.0
2.380.0
9.747.0

013.8 89,104.11441.069.8

Oevotttt.'

-^T-Tn nMrtiiJt.

*

81.234.5 .33,367,0 434.143,8 4,273,1 698,158.9
87.77' 8 34,473,6 440.H35.0 I l;i.-,.'i n2S,774,9
M)3«.8
Hli.022.0 36,875,4 440.681. >*
.156.0
83 218.7 36,4'29,0 44O.600.
.ti8t.S
80,0151,^1 39,104,1 441.069..!
,

96.217.01

27,761,0
28, 47.0

96,23.'',.0'

28.8-18,0

9,1,295,0

13,14T.8
6.568,4
3.408.1
12,653,9
5,463,0
3,033,4
5,353,8

63.1,4

2,710,7
1.030,3

l8S.8)>6.e 3.641.0
6.1,013.51 152,365,3! 11,089.8 4.883,1
8,960.6 I8&899.e 3.540.6
6,7 043 5 15'2 384.6 10,<!87,«
140.879.8 3.543.1
4,438,1
15'2;94,i:5^1i:»08,5|
ejotls

34,697.8
34.697.8
34.597,8

•2,374.7

G."

1.290.0
1,736,0
1,326.4
1,169,7

'

4.360,6
8 136,0
8,376,0

13'2,0
l,7-.'3,0

13.130.0
13.478,0
8.024,0
8,334,0
11.575,0
4,485.0
9,773.7
3,778,8
24,424,8
4,637.8
s,4ia.e

3B8.7
7,112,0
6i4,6
1,!30,5
«06,1

2.1-5,'*

I

TVC omit l»ru v.r,K,.- --._
,,
telphlA, tlM lt«m '* due to Other bank*.
*

6.3.10,0

.104,7

JjMtu.

Phlla.*

May

1,240,0

1,721.6
1,5'4.0
2.493.7
1,115,0
1,903.6

3,75:i.l

17.483.0
18.793,4

540,6
695,4
825,7
824,5
662.4
244,1
471,5

CapUftl dct
SuTvtus.

114.315.4 417.446.3
114,215.4 41B.81I7,
27.... 114,215,4 41.1,i>14,
4.... 114.215.4 417,810,0
11... 114;215i»41«!03O,'5

Apr. 13

May

2,000,0
300,0
750,0

1,870,0
4,!6'2.0

60.7B',>.V 83,4,^2,7 tl6.».10,» t'O

Tot»l

"

13,200.0
9,910,0
7.427,8
9,618,0
11,ST4.5
4.728,0
8,961,1
3,148.4
22,306,1
3,813,3
6,880,2
2,030,0
2,731,0
l,34h.9
3,388,1
1,447,3

1'20,6
2S0,0'
358,4
3,200,0, 1,35

2flO,0

National

BAXK8.

^

240,0

•

•

<

$

Bank of New York...
Manhattan Co

—

Co., of Chicago, at $1-1327.

Loant

Capitol. jSurpliu.

(00< omitted.)

*».098,i

98,041^

06.033.0
98.164.0

99,5.MO 2

t iDcIudlnt, tor

09.1.01

76.583.1

Boetoo and rkUa*

:

.

'

!

THE CHKONICLR

650

rvoL. XL-vni.

To-day the rates on actual business were as follows, viz.
Bankers' 60 days' sterling, 4 Sl^^Sii 87i<; demand, 4 89 a 4 8<ji
Cables. 4 89J^(a4 89^^^. Commercial bills were 4 861^. Continental bills were: Francs, 5 17i.< and 5 15%ia5 15; reichsmark'i,
953^ and 955g'(@955^; guilders,' 40 J^(a 40% and i()}:;@iO^^.
The following were the fates of domestic exchange on New
York at the under-mentioned cities to-day: Savannah, buying
par, selling li@l4 premium; Charleston, buying parJr)l-lS
,'

DIVIDENDS!
The foUowlnK dividends have recently been annonnced

When

Per

Ifame of Company,

Bookt Ologed,
(Daye inelutive.)

Payable.

Cent.

selling i^fa3-16 premium; New Orleans, commerpremium; bank, SI premium; St. Louis, 7"'.
premium; Chicago, 50c. premium.

premium;

Railroad*.
Charlotte Col.

Juno

Aug.

(quar.)
Delaware & Bound Brook (quar.).
JJorth Pennaylvaula (quar.)
-S

VVAI.l.

May
May

STREET, FRIDAY, Mar

cial,

May

25 to June
15;May 12 to
25 May 16 to May
1

17,

19

18S9.-3 P. M.

The Money Market and Financial Sitnatioii.— Our week
good tone at the Stock Exchange
and quite a sensation in Oregon Trans-Continental, which sold
closes with a reniarkably

at 64}^ cash against 33 as the lowest price " reguLir," the
books closing to-day fi r the election. The O. T. matter has
been the interesting event of the week, as the culmination

among giants pending for some time past, the
Northern Pacific and Union Pacific on either side being imof a battle

derstood to be the real parties interested. Whoever controls
the O. T. Company liolds a majority of Oregon Railway &

Navigation stock, and about $20,000,000 (par value) of Northern Pacific.
The best type of improvement among the grangers is found
in the fact that three figures are again required to quote Burlington & Quincy. It was a sad day for Boston when tliis old
aristocrat of its Stock Exchange sold below 90 (SSJa Jbirch
26), and it will be considered an omen of good to see it again
above par; the April net earnings wLU be looked for with
much interest. We put no faith in Sti-eet rumors of what
forthcoming earnings of various comixinies are going to show,

50o.

United States Bonds.— At the Stock Exchange the business
in Government bonds has been light and unimportant, as
usual. There is little or no change in prices. The jiurchases
by the Secretary of the Treasury have amounted to $l,114.1oO
for the week, mostly 4i^s.
The same policy continues of
accepting all the offerings within the limits of the prices paid
lately.

Tlie total payments made for bonds purchased from Aiiril
11, 1889, were §193,574,784. The statement for
23, 1888, to
this week is as follows:
>

May

Hi Ptr
Saturday

1140.400
330,700

. .

Monday

Centt due 1891.

4 Per Cents

Purch'M. PriCMvnid.

Offeringn.

* 110,400

195,700

108

»

iisoao

113.000

Wedn'sday.

,-143.000

848.000

Thursday...
Friday

118,000
246,000

240,000

106!^x-108
106t^I-108
10«J^X-108
108
loejix-ios

Total.
..
SInceAD.ZS.

1,821,100

1,111.100

lCflJsx-t08

1069SS360

io«w-io»Ki

.

il!(e

Offerings. Purch'ee.

|

1907.

Price*

poM,

t

•••
1,000,000

1,500

1,5

129

1,500

1.500

129

1,003,000;

8,000j

'81,l9u,230!

129

124-70-lMJ

,

as there have been altogether too many false reports on that
subject in the past, and they are dangerous either to buy or
sell on.
The appointment of President S. W. Fordyce as receiver of
the St. Louis Arkansas
Texas Company is the best that
could have been made, and it is the best move for the preservation of tlie projjerty.
The prices of wheat and com are now down to a point where
the foreign markets ought to take them freely, and if they keep
near to present figures there is little doubt that wheat, at least,
will be exported in large quantities during the summer months.
It would be an interesting inquiry to get the opinion of a few

&

men as to how much money was lost in commissions
otlienvise to the New York Produce Exchange and the
Chicago Board of Trade by tlie Hutchinson wheat corner of
September, 1888. It took the life out of business for the whole
vear, and enabled Russia to market her great croji unmolested by this country.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 1}^ to 2}ipeT cent,
and to-day tlie rates were 2(a>2}^ per cent. Prime commercial
paper is quoted at 3i^@4 per cent.
The Bank of England weekly statemeift on Thursday sliowed
a gain in specie of £948,000, and the percentage of reserve to
liabilities was 37-34, against 40-87 last week; the discount rate
remains unchanged at 2i^ per cent. The Bank of France
gained 5,700.000 francs in gold and 2,325,000 francs in silver.
The New York Clearing House banks in their statement of
May 11 showed a decrease in surplus reserve of §672,000,
the total surplus being $8,850,575, against $9,522,575 the precandid

and

vious week.
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks
:

1889.

May
Capital

Surplus

Loans and

disc'ts.

Specie
Circulation
Net deposits
Legal tenders...

Legal reserve...
Reserve held

11.

Diffr'ne't fr'n.
Prev. 'Week.

1888.
J/ay 12.

1887.

May

60,762,700

60,762,700

53.4.52.700

.50,381,500

14.

416.930,500 Dec. 909,500 364,372,000 365 '48i'8d6
80,013.800 Dec.3,204.9(»0| 84,188,100! 75 101*900
4,024,200 Dec.
93.500|
7.800,000
K,277,900
441,009,300 Inc
568,800 388,151,700 375,742 200
39,104,100 Inc.2,675,100j 35,046,5001 22,935|i00
_
110,267,325
Inc. 142,200 97,037,925 93,935 550
!ll9,117,900Dec. 529,800ill9,234,600 98,097,000
.

.

Surplus reserve. [

8,850,575 Dec.

672,OOo| 22,196,07 5!

4,161,450

—

Exchange. The only feature of the sterling exchange
market during the past week has been its continued dulness;
the demand has been very Ught, and the market is unclianged,'
though firmly held as to rates. Posted figures are the same-^
4 88 and 4 891^^4 90 Gold to the amount of $1,700,000 was
engaged to-day for shipment to-morrow.
The rates of leading bankers are as follows:
Vay

17.

Prime bankers' sterllug bills on London..
4 88
Prime commercial
4 86i4S'4
Dooumonfary commercial
4 86 ®4
Paris (francs)
Amstonlnm (Winders)
Frankfort or Bremen (reielimarks)

Demand.

Sixty Day$.

I

i

4 89'254 90
SOJal
86'>ii\

5 17123.5 lO'uS 15^*.5l5
40i.6«4038
407„,740i2
I

95H-!v05'<ii

I

95%«95;^

The closing

prices at the N. Y.
InUreat
Periods

412S, 1891. ... ...reg.
4I2S, 1891
.coup.
4s, 1907
...rej?.
1907
.coup.
48,
6s, cur'cy,'95. ...rcg.
6s, ciu-'cy,'96. ...reg.
6s, cur'cy,'97.
reg.
6s, cui-'cy,'98. ...reg.
66, cur'cy,'99. . . .re* .
*

This

is

Board have been as follows :i

May

Mfy

May
13.

14.

I

15.

\

j

.May
16.

MatTi
I

n.f

Q.-Mch. *106% 106^8 *io6% *io6% -100% noet
Q.-Mcb. *107% 107% n07% •107% "107% *107i|
Q.-,T!U) * 129=4 'I2914 *l29ii -129% '129^8 129%
(3.-Jau.l 129% I29I2 12912*129% ri9ia*129^(
jr.
& J.:n2i '1211a *121ia*121i2 -I21I2 *121»(
.T.
& J.|*124 124 'I2412 *124i2 *1-24H! ••124'i
J.
& .L •I27I2 I2712 *]23 '128 *128 *128
J. & .T.,*130
130 *131 nSl -131 *131
J. & J. •I32I3 'I3213 '133
*i33
133 nssig;
.

the price bid at the morniu? board

;

no

sale

^as made.

—

State and Railroad Bonds. Tliere has been only a moder*
ate business in State bonds, and Tennessee settlemeut 3s hava
again been a little more active than the rest, and firmly held.'
In railroad bonds the volume of business at the Stock £»•
change has fallen off considerably, though it is said that thft
general demand for investments still keeps up isrett.v well, and
this woilld seem to be confirmed by the success of recent
issues of new loans.
Tliere have been no special features to
the bond market this week, and the course of prices has lieeO:
irregular, some classes being weak and unsettled, while manyare still well held and firm. Some of the more speculative
classes took on a stronger tone on Thursday, when there was
quite an upward movement in stocks.

—

Railroad and Miscellaneous Stocks. The stock market, al
a general rule, has not been active tliis week, though the volume of business improved somewliat in the latter part. The
market has broadened latterly and the demand has become
more general in consequence of a growing confidence in the
future of values. The tone all through has been rather bullish,
and decided strength has been shown in a few stocks. Earnings, as a rule, are showing well, and the prospects for the future in tills regard are good. The crop outlook is very bright,
especially for wheat, aud if prices can be maintained at a fait
standard this should secure an early tonnage for the road&
There is also reported some improvement in the coal trade. All
these influences, while not occasioning any general advance,
have yet been sufficient to give strength to the market and encourage some buying by the public at large.
As a group, the grangers have been the most conspicuous,
and have all scored quite a handsome advance. Chicago has
become bullish over the large crop prospect, and has bought
the grangers and Chicago Gas Trust quite freely. Burlington
& Quincy has been specially active and strong. There have
been reports of a large " blanket" mortgage to be issued by
St. Paul, to take up all the existing mortgages, but it seems
rather singular tliat there should be so much talk about it, as
only those bonds could be retired which mat-ure, or on which
there is an --ption for the company to retire them at a certain
price.
Atchison has been strong again, the princii'al outside

demand

for this stock coming from Bo.ston.
prominent feature of the week has been the dealings in
Oregon Trans-Continental, the demand for the stock being
very large in view of the contest for control at the approaching election between Messrs. Villard and Smith. This has

A

occasioned a peculiar condition of the price, the cash price
ranging to-day between 37 aud 64'8, while the j.rice regular

was at
The

33 to 35,14.
coal stocks have also been strong, especially Lackawanna and Delaware and Hudson, with Reading joining in the
advance on Thm-sday. Tlie Wabashes had an ad\-ance. 011 the
sale in foreclosure of the Eastern lines to the committee.
Union Pacific has been an exception to the prevailing strength,
showing a weak tendency on a very poor exhibit of March
earnings.

•

. ...

M4Y

8
1

..

THE CHRONICLE.

18, 1»-».J

STOCKS-PRICES AT

STOCK EXCHANGE FOR WEEK ENDING

N. T.

HIQBBBT AND
STOCKS.

Viliiiiiii'

M

Slorka.
* Santa Fo

7>4
7>4
*55
50
5214 52'4

Now Jersey

C'l'iiinil (If

05 <4

ruiitic

&0.— Vot.Tr.oert,

ClicsaiM'ak

do Istpref..
do 2d prof.

D(i

Do

.

Clilen(?o Biirltnirtou & Qiiliioy.
CUieaKo
Eosteru IIUiiuIh

Do

May

41% 42 >9

.

I'lioltlo

CiiuiKiian I'lU'ltlc
Ciiii^Klii SoiillHirn
Ci'Utiiil

Monday,

Safiiixlay,
M«y 11.

RR.

.\< llro
Atilii cin Top.

&

U5i>8

•35 la 36
17»4 171.1
57n8 57=8

41% 42%
•6%

56
521a
057g
5818

32%

07

07"u
43«8 43»s

May

071s
4358

07
67

421a

MAY

NTodnaaday,
.May 15.

14.

43%
6%
50%

Buttn
of the

Tbunday,

May

43U 44%
0% «%
55% 55%
52
62 13 52% .52%
05% 06% 90% 07%
:i.->%
•35V4 35%
36
4314 43>s

714

6I3

561s
5219

06

36

35% 36

17»8
581a
3316

I7I3

I713

17^9

17»8

5313

5812

17% 17%

33

33

58
33

50
83

321s

431%
9714

6>«

.5.1%

52»8

06

e8<% 00%
4318 4318
•97
07 13
671% 68I3

0%
5B%

58

98% 09%

43

581*

90

431s
8718
6818
„„

aiiatet.

43i8

108,20h'
;•'-"

.32%

0%

30%

58% 58%
32% 33
100%

1,

ISW.

Apr.

I

"

j»n.

fts

"%J,n.

iMay

•-

3
U
li

«F<ib. It

Jan. 4
Jan. 16
nFBb. 14
., ... ...
..i
Mar. 7
Feb. 27 3^1% Mar. 8
.Mar. 20 111% Jan. 15
'-.'•',
11
Mar. 20
'

'i

'•
.

... J

i

1-,'ii*

43% 43% '43
43%
97% 07 %1 07% 08%
(18 %
68% 68
68%

IMD.

BlghMI.

''•••'

90% 07%
*a5
35«a
171% 17»8

100

101

4-1

6%

55 13 55%
52 "s 52'-

1,

t»WMt.

May
MayTy.

Itl.

iAN.

RMcaaiiM* Jml

Week.

561a
52ns
ouij

09

AND SINCE

IT,

LOWBW PRICES.

Tuesday.

i;t.

•3513
1713

•31 Hi

prct... xOO^i
66 19
8r P»iil.
pref. 106^

661

88,4.57

29%
80%

400 40%

97
97
3,835 04% Jan.
8
66% 63
_. ,
07%
113,070 607„.Mor. 1'
le
107 "a IO8I4IIOI8 109% 110% 100%
110
110iHllO%i
0,636 07
11014110%
F•
.;,., {4
•0(!%107>4 I0718 IO8I4 I08m08% I0'<'4l08»8
ChleaKo & Northwcstom
108% 109%! 109 100% 40,140 Kiai,
^, j|,i 17
ho
prof. *138iu ISit'-j 139% 139% 140
140i.2'140
141
141 141%*141 14
:<'«'l:t5
Sn. 21
ChlCBKO Rock Island APaclflc.
9413 96
93=i 94^
05% 9614 95% 05% 957g 97ig 06% 06% 30,810
89%
-M
">%Kn.
14
ChlcoKo tit. Louis & Pittsbure.
-17
M6I3 18
18
neis 17% '17
'15
18
.18
14 Jan. 15 10%Peb. 6
Do
pref.
*38
40
30
39
'38
•30
40
40
40
502 33 Jan. 21 42% Fnb. •
40%
Chicasw St. Paul Mln & C)m.
35
35
85I3
35
33%! 35
35% 36
3,580 .30% .Mar. 18 36 May 16
.33% 35%
Do
prof95
9513
9513 965e, flSia 97
07
09
4,132
07
07
Cinch). Ind. St. I,ouls & Clilo. '106
10713 lOliia 107% 1071a 107%; 107% 1081s 108% 109
2,7011 91% Jan.
108%
108%
110% Fib. 26
Cleveland Col. Cin. &Inrtianap.
71I3
69
70
70
71% 71%
1.166 55% Jan. 4 -1
'>,. 14
711s 71%
Colnnilins Hoekintc V'al. ATol.
18
18
17% 17% •17% 19
•17% 18% 18
1,375 16 Apr. 2
18%|
18%
.,
18%
7
Dt'lawiirc Lackawanna dtWest IST^a ISSH 13814 138% 138% 1.39
138% 140
'8,033 134% Apr.
1397a 140% 130% 140%
2
Dt'Uver ife Kio U., a.s::ie^siu'tpd.
17
17
'17
17
17
17% 17
-16% 17% -16% 17%
17
010, 15%.M^r. 1- .. . ...y 2
Do
pref.
46
46% 4678 47% 47% 47%, 47% 47% 46% 47% 46% 46%
*''''4 •'*"• ="
4-5%.May
3
Denv. Tex. & Ft. W., Vot. cert.
.V.iiS
22 3t 23 '4
23% 23% 23% 23% 23
23% 23% 23% 23
23% J.202 13 Jan. 23 24% Feb. 11
East Tennessee Va. & Ga
Ola
y%
9% 9%
0% 9%
9% 0%
0% 0% •0% 10
Do
Istpref.
7013 7012
71
73
73% 74
731% 74
74
74% 73% 73% 2,870| 63 Jan. 28 74% May 16
Do
2d pref. 22 "a 23% 23
*23% 24% 24
24
24
24
24
23% 23% 3,550 20 Apr. 24 24 May 7
EransvUle & Terre Haute
93%
03%
03% 03%
200^ 86 Jan. 3ft 97
"0"
Mm. 4
"6% "6% "6%: 6%
Green Bay Winona & St. Paul.
, .
6%
_ .
7
'6%
60O|
7
4% Jan. 5 7% Feb. 8
Illinois Central
11413 11412 114% 114% 115% 115% -114% 115% 114 116 •114 116%
*»''• 13 118% Jan. 15
^'^
Lake Erie
iiR
Western
•18
18'4
18% 18% 18% 18%! 18% 18% 18% 18% 18% 18%! 1,000
10 Jan. 20 19 Feb. 7
Do
pref
5818 581a
58% 58% 58% 58%| 587g 587g .59
50% 59
4,175 51%.Ian. 4 59% May 2
59%1
_.
„,
Lake Shore & SHoh. SoutUeni. I0314 103% 103% 10379 103% 10378 103% 103% 103% 104
103% 103%; 10,006 99% Mar. 18 KH! Jan. 15
*93i2 95
Lont; Island
04
94% 94% 04%| !M% 94% '93% 04% •94
910 90% Jan. 14 90% Mar. 4
05
Loui.sville A Nashville
67=8 67%
67% 68% 67% 6S%I 07% 67% 07% 07% 67% 67% 11,373 50%.Ian. 4 09% .May
2
Louif*. New Alb. & Chicago ...
*41
*41
45
45
43
43
4278 43
'43% 40
-43% 45
300 37% Jan. 7 49% Mar. 8
Manhattan Elevated, consol.. "OTia 99
99
99% -97% 99%; *97% 99% 99
09% 09% 99% 1,403 90 Jan. 3 109% Mar. 4
Michi;ran Central
8719 8718
87% 87% •87
87% 88
87
87% 1,200 84% Mar. 16 91% Feb. 14
Milwaukee Lake Sh. & West.. •88
8912
89% 94% 93% 94
91
94
3.9001 51% Jan. 7 94% May 13
92
92
92
93
Do
pref. 112
115
116 117% 115% 116
11678116% 116 117
1,735 91%Jan. 7 117% May 13
116%
117%
Minneapolis & St. Louis
•5
*5
*3
6
-5 '
'5
6
......
6
6
5 Apr. 22
7
7 Feb. 7
Do
pref.
ni 13 *11 13 ni 13
'11
100 11 AJay 3 14% Mar. 5
11%
11%
13
*12i4 I213 •1214 12%
.Missouri Kansas & Texas
12
12% 12
12
11% 11% 11%. 11%
-- „ .^''i'9l 11% Apr. 22 14 Jan. 14
Mi.ssouri PaciUo
7158 721q
7178 72%
71% 72%' 71% 72% 71% 7278 72
72% l>',600l 64% Mar. 29 75% Jan. 14
Mobile ct Ohio
*11
III4 11%
10% 10%*
11% 11% 11% *10% 11%
320
8 Jan. 11 12 Feb. 12
Na.shv.Chattanooga&St.IjOuts '9313 95
95
95
•!):(% 05
1,000 81%Jan. 12 97 May 3
04% 95
04
05
95
05
Kew York Central & Hud.son. 107 107 107% 107% 107% 107% 107% 107% 107 107'4 106% 107%' 1,026 100%
.Mar. 10 110% Feb.
3
New York Chic. A: St. Louis... *16% Iti'^s 16% 16% 16% 16% -16% 10% •16% 16%; '16
16%! 1,007. 16% May 14 10% Feb. A
Do
Istpref. *70
-70
72
*70
72
*68
72
*6S
71
71
10; 67% Jan.
3 77 Feb. 4
69
60
Do
2d pref. *39
4014 •*39
~ 44% Feb.
40% '39
40% '38
30% '38
30% *38
37 Jan.
_
3
39%
2
New York Lake Erie* West'n' 273t 28
28
28% 28% 28%l 28% 28% 28% 28%! 28% 28%I 6,670 26% Jon. 4 30% Feb. 18
Do
pref
68% 69% 69% 70% 71% 71% 70% 70% 70% 70%' 1.722 61 Jan. 4 71% Apr. 26
New Y'ork it New England.... 43% 4373 44
44% 44% 4473; 44% 45% 44% 43% 43% 44% 33,545 41% Apr. 11 487, peb. 18
New Y'ork Ontario it West
*16% I714 *10% 17% '16% 17%! 16% 16% 16% 1678 16% 16%
710 14%Jaii, 5 10% Feb. 7
New York Susquehau. & West. *8
*8
8 14
'8
1.55
8
8
8%; *8
8
7% Apr. 1
8
8%
0% Feb. 12
8%
Do
pref. *31i3 31%
*31% 32
1,200 30% .Mar. 19 35 Feb. 8
32
32% 32
32%; '32
32%
Norfolk & Western
'le
16% 16% 16% 10
319
-10
10
14-% Mar. 23 18
16%
17% 16
Feb. 1
16
Do
pref
5134 52
5178 52%
2,200 47% .Mar. 1
52% 52% 52
53% .May 3
52%i 51% 51% '51% 52
Northern Paeifle
25% 25% 25% 25% 25% 2573 25% 25%
3.203 23 Jan. 5 27% Feb. 11
'25% 23%_ 23%
___
„
23%
Do
pref
6II2 61=8
62% 61% 62% 61% 61% 61% 61% 61% 62%! 18,341 58% -Mar. 10 6:1% Mar. 4
^ 6178
Ohio & Missis.sippl
22% 22% 2278 2279 22% 23
22
22% 22% 22%( 2,000 19% Mar. 19 24 Fob. 11
Oregon Short Line
427, 4373 41% 42
41% 4178 4118 41%! 1,103 39 Apr. 23 58 Mar. 6
Oregon it Tran.s-Continental..
3418 3.514
34% 35% 34% 35% 34% 35% 34% 37% 33 t64% 210,372 30% Jan. 23 » 64% May 17
Peoria Decatur &Evansvllle. •2313 25
'23% 25
220 22 Jan. 24 28% Feb. 13
23% 23% •23
25
24% 21% 24% 24%
Phila.it Kead.Vot. Trust. Cert.
4373 4414
44% 45% 43
40% 45% 40 104,370 42% Mar. 29 50 Jan. 15
44% 44% 44% 45
RichmonditWe.stP't Terminal
25
2573
25% 2578 25% 2573 25% 23% 21,483 22% Jan. 20 27% Feb. 13
25% 26% 23% 26
Do
pref.
80
80
6,640; 76 Jan. 20 83% May 14
81
81% 81% 83% 82% 82% 82% 82% 82
82
RomcUatertown&Ogdensb'g 101 101
090 93 Jan. 3 103% Jan. 31
101 101
100 100% 10079 10079 *100 101
100 101
St. Louis & San Francisco...;
-2113 23
200 19 Apr. 1 20% Jan. IS
*22
*22% 23% 23
'22
23
23
23
23
23
Do
pref.
5913 .5913I 61
61
59
60% 60
60
00% 60%; 00 60% 2,200 33 .Mar. 10 007, Jan. 2
Do
Istpref. '109 110
100 104 Mar. 18 114% Jan. 13
109 110
109% 109% '100 110 1*109 110
110 110
St. Paul & Duluth
•33
725! 29% Apr. 11 40% Jan. 14
»-si
.33
33
33
30
31
32% 3278 33
33
34
Do
prof- •-.
*80
*82
-82
'82
'82
•83
82 May 10 93% Jan. 18
83
87
87
87
87
87
St. Paul Minnap. & Manitoba.! 101% 101% -102
1,080 92 Apr. 17 105 Feb. 1
103
101% 102 '102 103
102 102%
~
Texas it Pacific
21
21% 21%|
21
21% 21
21% 21
20% 21% 21% 21% 4,023 17% Mar. 18 23 Jan. 14
Union I'acihc
60% 61% 61% 61% 60% 61% OO^tg 60% 60% 61
59% 60% 47,153 38% -Mar. 29 07% Mar. 4
Wabash St. Ix>ul8 & Paciflc... 14% 14%l *14% 1478 1478 14%' 15
15% 15% 16
15% 15% 5,727 12% Jan. 3 10 May 16
Do
pref.
27% 27% 28
28
28% 23
20% 28% 29%! 28% 29 ^! 10,0-»3 21 Jan. 9 29% May 15
23%
Wheeling & Lake Erie, pref.
1,543 59% Jan. 5 67% Feb. 4
66%' 66% 66%
66% 66-% 66
66% 66% 00% 66% 66% 66
ClUoago Milwaukee <St

Do

.

.

,

—

1

.

.

'.

I

6%

i^;

;

im

;

I

.

.

I

..

.

I

I

!

|

i

|

I

I

i

-

{

mKcelianeouM

^itockllt.

1

Chicago Gas Trust
Colorado Coal it Iron
Consolidated Gas Co
Delaware it Ilud.son Canal...
Oi-egon

Do

Improvement Co

Oregon R'y

&

51% 52%
23

25

.

Paciflc Mail

"

i

American
|

35

130

.

88
136
25

30%
248
74

Pittsburg it West., pref. cert.
Quicksilver Mining Co

Ark.

it

Tol.

Ann

.\rborife N.

Cameron Iron & Coal
Tennessee Coal

.

*3

Texas

Southern Pacille Co
Sc

22%
28%
33%
37%

M

Iron

Do
prof...!
08
-Various Stork*, &c. (Unlisted.)
Sugar ReUnerica Co
00%
National Lead Trust
21%
American Cotton Oil Trust. .' 35%
Pipe Line CertilicatesJ
82%
!

'

*

These

.ire

the prices bid

'148

114

gsig 85%1 85%
>140 143 *140

Fargo & Co
Iiiaotlve SlorbB,
American Tel. & Cable Co
•86%
Chicago it Alton
132
Iowa Central, iircf
•23
Kingston it Pembroke
30%
New York New Hav. & Hart. 244
Phil.adilphia Co.. Nat. Gas.
74
Pitts. Kt. Wayne & Chic
:'152%

St. I>ouls

01
88
36

01

150
150
149 1.50
114 I114%114% 113
83%; 83% 85%| 86
143 i*140 143 .'140

150
115

93
91% 91%l
36
36

91%

114%H1%

United States

pref.

33% 53%
23%
25

I

90

I

.

'148

Do

25

I

"

93

I

Wells,

'23

25

00

91%
36%
36%
187% 188%
..„-., 188% 188% 187% 187% 183% 187%
86%i 86% 86% 80% 8673 86% 86%l
80
30

Adams

52% 83%

.52%

88% 88% 89
89% 80% 80% 89% 90% 90
130%
.„„ „ 130% 137% 137% 137% 137% 138%: 138%
"
"
54%
54%
54
55
51%
--

*90
91 %

pref.

Pullman Palace Car Co
Western Union Telegraph
lixprcoa SilockM.

52%
*23

25

130
1

Navigation Co

50% 51%
23

6%i
23%;

28%
33%

38%
100

90%
2l%!
33%!

83%

36

I

30%
245

137
23
31
240

23
25
30% 30%

245

7
38

4

31

250 1*245

145

'

114% 114%

170100

87
143

060.

I

I

142
137
25
31

350

230

I

33%

20

33%
37%

I

-93

01%
22%
2179 22
22
55% 56%l .55% 55%
82% 83%l 82% 83%
00% Ot%i 91

and askod; no sale was m'kde at tbe Board.

100

00% 91%
2111 23%
55% 09%
31% 83%
t

6

43%
7

38% 30%
5
5%
23% 23%
33% 33%
37
37%
•03

7
1,900

!

43

6%
•38

•4%

7

i

I

40
6
24
29
33%,

I

100

01

91%

21%

2ai»

57%
80% 82%

10 107%
23 102
19 40
10 205%
2 87%
2;

153

10116
4!

17
11
17
16
16

Jan. 30

Mar.

6

Feb. 7
Feb. 11

Mar.

4

Feb.
Feb.

«
4

87% May 17

19 144

I

18% Jan. 24 29%

4

May

21%

Apr.
Jan.
Jan.
Jan.
Jan.

8<X>
l,.3O0

21

8,007

31

24%

Feb.

8

Mar. 13

100 93

10% Jan. 11

13
9

23

2'<

JO'i

Feb.

Miy

9

7
-3
8

-^

2;i

19

I

i

11.640

81%

II.-'.".".

r.)

..

Feb. 20
Mar. J.;

S6

Ex-riffbto.

18
3

May
36% Feb.
91% May
130% May
72% Jan.
54

'27
Jan. 4 31 May 13
34o;241%Jan. 7 2.56 Jan. 34
120 72 Mar. O 87% .^pr. 17
10 148 Apr. ll3;»%May 6
1,770 30 Jan. 31 47 .May 8
5\Jan. 30 7% Fi-b. 13
500 33 Jan. 30 39% Apr. 9

1,250
3,100

1

23%
28%
33%
37% 37%
'98

100

00% 01
21% 22%
56% .57
80% 82%

Cash sale.

43

16|

17
21

90 80% Jan. 5! 88% May IS
100 133 Mar. 26 140 Jan. 33

'

43

Jan.

73% Jan.
30134 Jan.

87%

*23
31

i*133

24
31
350

130 144% Jan.

150

152% 152% *153

i

HO

24
31
245

—

I

!

133

43%| '42
45
•«6
'6
7
7
'37% 39
•37% 30
4% 4%
4
4

•08

130

151
115
86
143

•133

I

100

143

85
81
347

I

23% 23% 23% 2373 23%
28%
28% 28% •28%
33% .3373 33% 3373! 3378
37
37% 38
37% 38
100

85%

«6

42

•6

88% 88
30% '36
188% 188%
86% 86%

88% 88% *I85% 87%
-23

I

'133

38
4

•149
*114

'xl33

*135

74% 74%
*152%
•42%.

,

71,302 34 Jan.
350 21 Apr.
OlTgl 11,743 80% Jan.
139% 11,199 1.10 Mar.
350 42% Apr.
53
-320 75 .Vpr.
05
Apr.
1,2.50 85
89
1,550 34% .Mor.
37
Mar.
4,622 1171
139
86% 11,158, 83 Jan.

.

,

•86% 88%l •80% 88%!
137
23

86%
36%
183%
86%

53% 54
25%

'24
9073
01
1.39% 130
51% *52--00
00

I

i'rlco^

from

uom

00% Apr. 13
Mar. 13
«"!« !>*• 12
93% Feb. 36

24

l::xcluuig«*.

'

THE CHRONICLE.

652
BONDS

—

LATEST PKICE8 OF ACTITE BONOS AT
Range Since Jan.

Closinf/.

Bailroad Bonds.

May

17 Apr.
Atl. & Pac— W. D. inc., 6s, 1910 18
78%
79
77 May
Guar., 48, 1937
Ill's IO6I2 Jan.
Can. Soutli.— 1st guar., 5s, 1908111
93i4.Ian.
9733
9013
2d, 5s, 1913
103 Feb.
Centralof N. J.-lst, 7s, 1890.. 10414 104
!l21'i8
il21
b.
120
J.-in.
7.S,
Con.sol.
1899
'125 b. 125 b. 125 Jan.
Convert. 7s, 1902
II2I3
1112%
lOe^sJan.
General mort., 53, 1987
Lcb.&W.B.,cou.7s,1909,as'nt 120 a. 118%!). 11552 Jan.
lll^ab. 108
Jan.
Am. Docli & Imp., 5s, 1921 ...'
llSiiFcb.
CeutralPaciUc— Gold 6s, 1898.. 117 b.j
Il02i2
!l02
b.lOlSiApr.
Laud grant 6s, 1J390
'107>2
106 b. lOj'a Apr.
Mortgage 6.S, 1936
Ches. & Ohio.— Mort. 6s, 1911. .117 b. llO^tb. II314 Jan.
971-2
9738
94 Feb.
1st eonsol. 5s, 1939
llO^sa. 107 Jan.
<aie8. O. & So. \V.— 63, 1911
Chic. Burl. &No.— 1st, 5s, 1926. 10313a. 100 1). 98 Jan.
Jan.
Chic. Burl. & Q.— Con. 7, 1903. 133 b. 133 b. 131
'104
|103"s |10234May
Debenture 53, 1913
921-2
Feb.
4s,
1922
Denver Division,
93%!).' Ol^aJan.
Nebraska Extension 4s, 1927.1 94
121i2b.
b.
120
111.—
f.,
6s,
1907
118
Jan.
1st, s.
E.
Chic,
120i2b. 120i2b. 118 Jan.
Consol. 6s, 1934
General eonsol. Ist.Ss, 1937.. 10238 102i8b. 97 Jan.
83 Feb.
1st, g,5s,1937 96i2b. 95
Chic. Gas.
Chic. & Ind. Coal U., Ist, 5s, 1936 103 b. 103 b. 99 Jan.
122% Jan!
Chic. Mil. & St. P.— Con. 7s, 1905,127 b. 127
llSiab. 112 Jan.
1st, Southwest Div.— 68, 1909.1
Jan.
1st, So. Min. Div.— Os, 1910. ..'115 b. 1133ib. 110
il07i2b.
5s,1921'l07'4
103 Jan.
Ist.Ch.&Pac.W.Dlv.—
I0413
99 Jan.
\Vis. & Minn. Div.— 5s, 1921 ..105
103i2b. 103 b. 100 Jan.
Terminal 5a, 1914
|

!

'

.

'

'

|

ifc

1

U&C—

Chic. &N. W'.— Consol. 7s, 1915. 1443ib.
132 b.
Gold, 7s, 1902
122i2a.
Sinking fund 6s, 1929
llli^b.
Sinking fund 5s, 1929
Sinking fund debent. 5s, 1933 112 b.
25-year debenture 5s, 1909...'

2238 Feb.
83 Feb.

Mutual Un. Tel.— S.

Denver&RloGr.— 1st,

78,

77
118
80

a.

'lOl

b.

1900

1st consol. 4s, 1936
Denv. & E. G. W.— 1st, 63, 1911.

81

74
75

i

1

!

96 May !No. Pac Ter. Co.— 1st, 6.s, 1933. 112 a.'10S%
9558 Apr. Ohio Ind. & West.- 1st, Ss, 1938 73 b.l 7314b.
11914 Jan. "Ohio & Miss.- Consol., 7s, 1898. 11838b.'118 b.
I12414 Meh.
121
ill9%b.
2d, con.sol., 7s, 1911
il04% Feb. Ohio Southern— l3t, 6s, 1921 ...ilOS%b. 110 b,
48
9634 May
46%
2d, income, 6s, 1921
76 b.
105 Feb. Omaha & St. L.— Ist, 4s, 1937.. 78%
j

1

1

1

I

1128=8 May
111514 Feb.
!ll5
May

Oregon Imp. Co.— 1st,

107% May
Msiy
J.an.

I

84%

Jan.

I

1

Oal.H.&SanAnt.— W.Div.l8f,5al 92%

92% May

2II3
18 Jan.
lllia 106% Jan.
OultCol.&San. Fe— lst,7s,1909;ill
Gold, 6s, 1923
721a
74%
70 Apr.
H.an. & St. Jos.- Cons. 63, 1911. 122 b. 121i.j
I2014 Jan.
Int.&Gt.No.— l8(,68,gold,1919 104ia IO414 100% Apr.
63i8b. 63% Apr.
6312
Coupon, 6s, 1909
81»8
Kentucky Cent.—Gold 4, 1987.. 84
71% Jan.
Knoxv. A: O.— l.st, 6s, gold, 1925 108i2b. 109 b. 101 Jan.
I8t,g.,5s,1937illli4b.
West,L. Erie&
11114b, 107 Jan.
Lake Shore.-Con.cp.,l8t,7s,1900 128 b. 127 b, 12514 Jan.
Consol. coup., 2d, 78, 1903. ...1129 b. 129 b, 124 Jan.
lyoug Island— Ist, con., 53, 1931!
115%b, II414 Jan.
'
IOII2 101 b, 92% Jan.
'
General mort., Is, 1938
118i-2b 117% Apr.
Louisv. & Nash v.— Con., 7s, 1898 119
1118
E. H. &N.— 1st, 6s, 1919
11738b, 116
Jan.
General, 6s, 1930
'llO^b 116
__
b 112 Jan.
11414b. II412
Trust Bonds, 6s, 1922
109% .Tan.
il05 b.'104 b. 101% Jan.
10-40,63,1924
50-year58, 1937
103 b. 98 Jan.
96I4 Jan.
Cpllat. trust 5s, 1931
!l01 a. 101
Loins. N. A. &Ch.— lat, 6s, 1910 120 b. 120 b. II214 Jan.
102 13b. 102%
Consol., gold, 6s, 1916
93 Jan.
Mem. & Char.— 6s, gold, 1924. IOOI3 !l06i4b, 102% Jan.
Metro. Elevated— 1st, 6s, 1908..!ll7%a.'ll7 b. 111"8 Jan.
2d, 6s, 1899
10714b, 106
Jan.
Mich. Cent.— Ist, con., 7s, 1902. !l31 a. 13114 130i4May
Consol., 5s, 1902
114 b.,111 Jan.
Mil. Lake Sh. A W.— 1st, 6s, 19211124 b. 12114b,,118% Jan.
Couv. debenture, .5e, 1907
10312b. 102%
92% Jan.
'llOinb.106% Jan.
Milw. <fe North.— jr. L., 69, 1910.1
Extension, 1st, Os, 1913
10913a. llOSisb, IO514 Jan.
Minn. & St. Lo>iis-lst, 7s. 1927 90 b,
90 Jan.
Mo. Kan. & Tex.— Con., 6s, 1920 57'8
58
53 Apr.
Consol., 59, 1920
5438
54%
50% Apr.
Consol., 7s, 1904-5-6
9278
92%
87% Mch.
Mo. Paciflc— 1st, con., 6s, 1920. 112 b. 112 b 110% Jan.
Gr.B.\V.,.VSt.P.— 2dinc. 83, 1911!

1

!

j

1

I

1

i

,!

!

!

j

. .

,

'

,

1

I.

'

87

75

88
Assented
89
73% Jan.
94 a. 81 Jan.
Denv. s.Pk.^ Pac— l8t,7s, 1905! 94ia
Det. B. C. & Alp.— lst,g.,6s, 1913 10713b. 10738b. 103 Jan.
Det.Mae.&M.— Ld.gr.3i23,1911 35 b. 35 b. 34 Jan.
1100 h. 96^8 Jan.
Dul.&IronRangc—iat.os, 1937 102
E. Teun. V. & G.— Con., Ss, 1956 106% llOaifi 102 Jan.
Eliz. Lex. ABigSan.- 6s, 1902. 103
il03
99 Jan.
137 Mch.
Erie— 1st, consol. gold, 78, 1920 140 b.llO
112i2b. 11212b. 110% Jan.
Ix)ng Dock, 73, 1893
Consol. 63,1935
120 b. 118 Apr.
IO6I4
N.Y.L.E.&W.— 2dcon.6.s,1969:i07
98 Jan.
96^8
1st,
19211
W.
&
Denv.
6s,
98
Ft.
90 Jan.

Indicates price bid,

b.

105%

Oregon &
109%
Penn. Co.— 4%3, coupon, 1921.. Ill
Peo. Dec. &Evaus.— lst,63, 1920 107 b. 107%b,
Evansv. Div.— 1st, 63, 1920...jl06%b.'106 b,
2rt
927
2d mort
mort., iis
Ss, 11927
93
Phlla. & Read.-Gen. 4s, 1958.. 93%
82 b.! 81''8
l8t pref Income 5s, 1958
66%
67%
2d prof, income 53, 1958
53
3d pref income 3s, 1958
87
Pittsb. & West.- Ist, g., 43, 1917 86%
63%b.
Rich. & AU.— 1st, 78, Drexel cert. 64
2d mort., 63, 1916, Drexel cert. 31%a. »1 b.
118%b.
RIcli. & Danv.— Con., 6s, 1915 ..
94%
Consol. gold, 53, 1936
94%
Rlch.&W.P.Tcr.—Trust 68, 18971101% 10138

;

I,

.

104;'8

1

1

i

131%
Ill 14

107

,

&

134 Mch.
90 14 May
119 May

Jan.
Jan.
Feb.
Apr.

137% Apr.
114% May
108% Jan.
Feb.

100

May

11734 Mch.
12134 Apr.

115%. Ian.

120% May

112- Jan.
9734 Jan.
10334,I an.
64% Jan.
115 Jan.
118% Apr.
103 Jan.
4434 Jan.
71% Jan.
102 Feb.
110 Jan.
102 Jan.
101% Jan.
100% Jan.
104% Feb.
10234 J.an.
66 Jan.
88'% Jan.

110i4Mch.
110 May
110 May
74% Mch.

118% May
121
110

111

94

94%
82-38

May

Jan.
Jan.
Jan.

62i4Jan.

76I4 Jan.
58 Jan.
26 Jan.
114 Jan.
86 Jan.
96 Feb.

87% May
66 Apr.
32i4Apr.

118% May
9434

102
117

.Tan.

May
May
Apr.

109% May

Jan.
Apr.
Jan.
St. L. Alt. & T. H.— 1.3t, 7s, 1894 113%b. 113%b. 112% Jan.
103 %b.'
10534 Feb.
2d, mort., pref., 7s, 1894
2d, mort.. Income, 7.3, 1894 ...il04%b.| 104 b. 104% Jan.
82
83
St. L. Ark. & Tex.— Ist, 63, 1936
82 May

1

Miiy

107% Apr.
109% Feb.
76% Mch.

'

I

May

51% Mch.
78% May
100% Feb.
112% May
105% May
107% Apr.

80% Mch.
66% May
52% May

Pittsb.— Con. 6s, 1922..!ll7%a.'ll7 b. 113
109%b. 107%
Rome Wat. & Ogd.— 1st, 7s, 1891
Consol., extended, 5s, 1922...lll2%a. lll%b. 108%
St. Jos. & Gr. I3l.— 1st, 6.3, 1925. 10(i a. 103%b. 104
lUich.

Feb.

110% Mch. 113

.

1

May

136% Mch,
113% Apr.

94 Jan.
II414 Apr.
II714 Jan.

I

1

1.

Highest.

131
106
107

91% Ja-Ji.

.

Feb.
Feb.
Apr.
Apr.

112

May

109% Apr.
114% .\pr.

|

1

1

!

.

!

I

1

I

I

i

!

I

1

i

1

1

,

1

I

1

1

May

103
107

Apr.
117% Feb.
IIOI4 Apr.

133% Mch.

May

114

123% Apr.
103% May
111

Apr.

109% Mch.
92
62

Feb.
Jan.
5714 Jan.

93 14

May

115%

Apr.

and "a" price asked

;

1

!

'

grant, 73, 1887-9
102% Feb. 10234 Feb.
Sinking fund. 83, 1893
117% 117%b. 11«'4 Mch. 120% Jan.
Kan.sasPacitlo—l8t, 6s, 1895.111 b. Ill b. 110% Apr. 111% Jan.
Ist, 6s, 1896
112 b. 112 b. 109% Jan. 112% May
Denver Div.— 6.3, 1899
114%b. 112%b. 112% May II514 feb.
llS's 112 Jan. 117 Apr.
114
1st consol., 6.3, 1919
Feb. 114% Jan.
Oreg. Short Line— 1st, 6s, 1922 113 b. 113%b. Ill
88%a. 7838 Jan.
90 Apr.
Virginia Mid.— Gen. m., ,5s, 1930
Wab.St.L. &P.— Gen.,6s, Tr.recl 45 b.....
37 Apr. 45 May
Chicago Div.— 5s, 1910, Tr.rec.! 102% 101
88% Jan. 102% May
Wabash— M., 7s, 1909, Tr. rec.i 98 h. 97
86 Jan.
97% May
,101i4
Tol. & W.— 1st, ext., 78, Tr. rec 102
89% Jan. 102 May
lst,St.L.Div.,73,1889,Tr.rec. 102i8b. 101
93% Feb. 101% May
2d, extend., 7s, 1893, Tr. rec. 100
87 Jan. 100% Apr.
83 Feb. IOOI4 Apr.
Con., conv., 7a, 1907, Tr.rec. 97%
89 Jan. 102 Apr.
Gt. West.— lst,7a, 1888,Tr.roc 102
86 Mch. 100 May
2d, 7s, 1893, Trust receipts. 100
10714b.
102% Jan. 10734 May
West Shore- Guar., 43
95 '4 Jan. 101 Apr.
West. N. Y. & Pa.— 1st, 5, 1937. 98%b.
38
37% May 44 Feb.
2d mort., 3g., 5.3C., 1927
West. Un. Tel.- Col. tr., 5s, 1938 104% il0478a. 98% Jan. 103 Apr.
Wheel, cfe Lake E.— 1st, 5s, 1926 103 b. 102%b 102 Apr. 104i4Febw

Land

104% Apr.
121% May

Sd, 78, 1906
118
118 b 116% Jan; 121% Apr.
Pac. of Mo.— Ist, ext, 4s, 1038 10138b. lOl'-s
97% Jan. lOl-^s May
2d mort., 7s, 1891
101 Jan. 105% Apr.
Mobile & Ohio—New, 68, 1927.. 116%b. 11514b 112% Feb. ,110% May
General mort., 49, 1938
52 14 Apr.
51%
51 b 41% Jan.

Note.— The letter "b"

Ill

!l04%b.

1889.

10414 Apr.
Apr.

Jan.
Jan.
Jan.
IO414 Jan.
133 Jan.
Ill Jan.
130 Jan.

98%

116

_

110 Jan.
108 Apr.
99 Feb.
28%
102 Mch.
2d,6s,1936
26%
38 Feb.
25 May
93 14 Mch. St. L. & Iron Mt.— Ist, 78, 1892. lOS a. 107%b. IO6I4 Feb. 110 Jan.
110 a. 106 b. 103 Jan. 109 Mch.
94% May
2d mort., 7s. 1897
104
Cairo <t Fulton- Ist, 78, 1891
102 Jan. 104 Meh.
108% Feb.
CairoArk. &Tex.— lst,7s,1897,107 b.|107 b. 104 Feb. 107 Apr.
40 Feb.
Gen. U'y & land gr., 5s, 1931.1 86%a.!
90 Feb.
81 Jan.
1104 Feb.
110714 Apr.
116 Jan. 121 Apr.
St. L. & San Fr.— 63, CI. A, 1906 116 b.
!ll6 b.:118%a. 11534 Jan. 121
!l06
Feb.
6s, Class B, 1906
Ai)r.
'116 b.'
Os, Class C, 1906
141% Feb.
115% Jan. 121 Apr.
119 b. 119 b. 115% Jan. 120% Apr.
113 Apr.
General mort., 6.3, 1931
ilOO'.ib. 10614b. 101 14 Jan.
General mort., 5s, 1931
107 Apr.
123 Feb.
107 May B. P. M. & M.— Dak.Ext., 6s, 1910
118 Jan. 122 Apr.
I12014
H9%b.
consol.,
6s,
Ist
1933
115% Jan. I20I4 May
97 May
98i4Jan. 103 May
Do
reduced to 4%s... 1102 b. 103
95% Mch.
9BI4 Feb.
b.
Collateral
trust,
199
98%
5s, 1898
99 May
25 Feb.
Montana E.xt. 1st,, 43, 1937 ...I 91 b. 9II4
83 '4 Jan.
91% May
jll6
Feb.
b.
Val.—
92%b.
94
Ist, 7.3, 1909, Tr. rec.
87% Jan. Bhen.
87% Apr. 96 May
General 6s, 1921, Trust rec... 38 b. 37%b. 31 Jan.
40 May
124 Feb.
109% Jan. BonthCarolina- l3t, 63, 1920...1 93 b. 93 b. 90 Jan. 96 Feb.
50
2d,68,1931
47 Jan.
60% Feb.
74% Jan.
Income, 63, 1931
9%b.
6 b.
84 May
5% Jan. 10 Feb.
I0914 Apr. 80. Pac, Ariz.— Ist, 6s, 1909-10. 'I06%b. 106%b. 105% Jan. l(.7i4Anr.
:113
May 80. Pac, Cal.— Ist, 6.3, 1905-12.. 115%b. 11534b. 114 Jan. 116 Mch.
!129
Feb. So. Pac,N. M.— 1st, 63, 1911 ...!107 b. 107 b. 103% Jan. IO8I4 Feb.
95 %a. 89 Jan. 100 Mob.
129 May Tenn.C. L&Rv.—Ten. D.,lst,6s 94%
98
Blrm. Div., ist, 6s, 1917
99 Mch.
97%
117% May
89 Jan.
91^8
101% Mav Tex. & Pac— 1st, gold, 5s, 2000, 92
85% Meh. 93 May
39%
38%
121% Mch.
2d, gold, income, 5s, 2000
34 Mch. 40 Apr.
101
118 Mav Tol. A. A. & N. M.— 1st, 63, 1924 104
99 Mch. 108 Feb.
117 Mav Tol.A. A.&Gr. Tr.— 1.3t,6s, 1921 103 b. 108 b. 103 Jan. 108 Apr.
115 May Tol. & Ohio Cent.— 1st, 53, 1935 10238b. 102%b. 101 Jan. 103 Feb.
106 Apr. iTol.St.L. & Kan.C— lst,68,1916 103% VOi-H,
92% Jan. ,104 Apr.
118 b. 118%b. 115 .Tan. 118% May
105% Apr. Union Pacittc— 1st, 63, 1899

I

May 122 14
.Tan.
81%

118=8

C—

1

87%

105%b.

1910.1105%
19091112%

Transcon'l- 6s, 1922. '103

May

105
105

6s,

R. &Nav. Co.— 1st, 6s,
Consol., 5s, 1923

Ore
'

1

102
99
134%b. 129

b.

I

.Tan.

Apr.
Apr.

103
135

6s, 1911.
7s, 1913

I

;

7638

f.,

L.— 1st,

|

I

Col. H.Val. &T0I.— Con. 5s, 1931| 75ia
75 13
General gold, Hs, 1904

St.

Lowest.

1

Miiy
123 Apr.
lioia 1108% Jan. 1111% Miiy
112i-2b. 109
Jan. 113 Apr.
IO513 105 Jan. 109 Apr.
101 14b. 101 i^b. 98 Jan. lOlUFeb.
Extention 4s, 1926
9Sia
95 Mch. 98% Mav
Chic. Peo. & St. L.—Gld.5.s, 1928 9Si2
ISlHMch. ,135 May
Chic. R. I. & Pac—6a,coup.,1917 13458b. 135
IO7I2 I0714 104 '>8 .Tan. 107=3 May
Extension & col. 5s, 1934
119% Jan. 1123% May
Chie.St. P.M.&O.— Con.6.3,1930 12314b. I2314
Ch.St.L.&Pitt.- l.-(t,con.5s,1932| 99 a. 98 a. 96 Apr. [100 Feb.
95 b. 92%.Tan.
97% Apr.
Cleve. & Canton— 1st, 5s, 1917. 97
130 Jan. 135 Apr.
C. C. C. & I.— Consol. 78, 1914..'135i2b.'
119 b.
General 63, 1934
112 Jan. 120 May
""
98%
98
93% Apr. 105 Jan.
Col. Coal & Iron.

MayllMay 10

1105 b. 103 a.
Consol. 5s, 1938
9738 May N. Y. Central— Extend., 3,3, 18931105
!l03%a.
106% Jan.
N. Y.C.&H.— 1st, cp., 73, 1903,136 b. 136 b.
'113 b.'113 b.
1122
Feb.
Debenture, 5s, 1904
II28I4 Apr.
N. Y. & Harlem— 1st, 78, 1900
113 May N.Y.Chic. &8t. L.— l.st,4s,1937 96%
95%b.
IllSHb.
120 Apr. N. Y'. Elevated— l3t, 7s, 1906. ..|119
May iN. Y. Lack. & W.— Ist, 6s, 1921.1135 b. 136%b.
1113
117i4May
1114%b.;114%
Construction, os, 1923
ll05% Feb. N. Y. &North'u— l.st, 3s, 1927.. 1109 b.'lOO b.
U0838 Mch. N. Y. Ont. & W.— 1st, 6s, 1914. .1112 b. 112
9914b.
jllS
Feb.
N.Y.Sus.&W.—lstrcf., 58,19371 99%
97=8 May
MidlandofN. J.— I8t,6s,1910ll7 b. 116%b.
1IIII4 May
Norfolk & West.- Gen., 6.3, 193llll8%b. 118%b.
103 14 May North.Pac— Ist, coup., 6s, 1921 !120%b.'120%
1115%
133% May
General, 2d, coup., 1933
- coup. 6a, 1937 !ll4
10834b.lll0 a.
106 Jan.
General, 3d,

1

122i8a. 119

&

Nash. Ch.

111% May

14334 Jan. 1147
129% Jan. 133

I3214

BONTIS.

1,

Range Since Jan.

Closing.

1.

Highest.

Loicest.

XLVIU.

STOCK EXCHANGE, ANB RANGE SINCE JAN.
Railkoad

n May 10

1

N. Y.

[Vol.

1

'

j

aU other prices and the range are from actual salea.

STATE BONDS.
SECURITIES.
Alabama—Class A,4

Bid.

1906
1906
Class B, 5s.
Class G, 48
1906
68,10-20
1900
Arkansas— 6a, funded.. 1899-1 900
7a, Little Rock A Fort Smith isa.
7s, Memphis & Little Rock Iss...
7s, Arkansas Central RB
Georgia— 7a, gold
1890
Loniaiana— 78, cons
1914
,

Stamped 4s
Michigan— 78

to 5

SECURITIES.

Ask.

106%'

Missouri— 6s

Bid.

due 1889 or 1890
Aavhim or Universitv due 1892'
IIII4II4
10134!
Funding
1894-1895
101% "14" New Y'ork—6,s, loan
1892
11
6s, loan
1893
North Civrolina— 63, old
J. & J.
Funding act
17
1900
New bonds, J. & J
1892-1898

101%
^tY7\A

111%
110
110
37

13%
15

Ask.

SECURITIES.

;

Bid.

Ask.

110%'
4%l 5
South Carolina— Hs, non-fund. 1888
'1
RrowTi emisnlidjited. 63
1893
105
1892-1898 "(Ji"
Tennessee— 68, old
1912 74
Compromise, 3-4-5-68
1913 106%
New settlement—68
1913 101%
58
74 14 74i«
......1913
3s
'

Rhode Island— 6s,

cou.. 1893-1894

'

(

t

102%

1890 iOG%

90%

Special tax. Class 1
Oonaolldated 48

68

6%
i9l6 97
1919 122%

1

6s,

consolidated bonds

1

1

63, deferred, tru,3t receipts

8

Sis

MJJJ

May

J

|

THE

18. 1889. J

,

;

ClIllONlCLK

653

GENERAL QUOTATIONS OF STOCKS AND BONUS.
pw

QaotAtlonfl In New York roprosont tlin par oont valno, wliitornr tlio
miv bo: ot>i)riiii i' HI >n^ %n fro.i'i.nil* mit<t n-ir •htm.
Theful\owlo:<al>brevl«tloti9»m(>ftoii mo.l, vl» ",M.," f or in >rticn5'» "(t," f.ir ifnM; " g'i," tot na»Tma{«»d; "end.." (or•olor••4
"». f.," for »lnlclnif fucKt; '• I. «.. for Unil urant.
|oroon«olll^at<>^t; "tMmv.," for oi)iivnrill)lo
Quotations lu Now York are to TUurHilay from other oltles, to late mall dates.
Subacrlbara wrlll confer a fitvor br giving notice at *<ir urrnr itl^ooTTift In tHo** «^^ it ««l t n «.
:

'•OM./

;

;

;

UNITED STATES BOMIM.

CNI'I'KD

Ask.

Bid.

ClTT SKODKITIKS.

STATES BONUS.
reK--Q— M

4'««, 18111
«>«a, 1891
«a, 1907
4a, 1907
69, Currency,
ea, Curnmuy,
6a, Currency,
68, Currency,
6a, Currency,

STATB

JAJ 121>ii
J&J
JAJ 128
J&J 1.31

reg
reg
reg
roK

189S
1896
1897
1808
1899

rm.'....JJkJ

SKri;itlXIB$>.

Alabama— Claas" A,"

3 to 5, 1906..

Class " B," 5a, 1900

Cla88"C," 49, 1906
68,10-20, 1900

&J
J
Au
A AO
J

Arkansas— 68. fuiullns, 1899. J

iiz

68, West.
Sa, 1916
48, ie'20

Bangor,

134

E.

&

iim

114
101^1 102 1»
101 at
11

13

P.B.AN.O.,1900.A

17

.fc

Loveeof 1871, 1U0O....J

M&N
Q—JI
1002.... JAJI
M*N

100

AJ

Connectk't-.Vew,rg.,3'«8,1903.JAJ 'UOO
*}tOO
New, rejt. or coup.. 38. 1910
Dakota Tor.- 8a. 10-208 of 1887... JlOa

104
103
100
136
122>«

NewOrleana. La.— Premium 6«

Me.— Water.fia, lOOS. J&J M23 124
A. RR. B«, 1894
J&J il08>« 100

.V.

Var M03

J&D 114
MAN}I3D

68, 1900
68, gold, IttOl
5s, 1008
8t,go'.i',

1896

AAO}lfi7

108

?100

!103

MAN
AAO

1901

1916

78,1905
Omaha, Neb.— 6«, 1891
Orange, N. J.— 78, long

118

J.Aj;i38

,187

Peterab'Arg,

tax

Philadelphia,

ii'i"

Pa.—6s.1893-'99 JAJ 128%

J.U 140%
now, reg., due 1905
JAJ 121
Pittaburi, Pa.-53, 1913
Vai 135
7s, 1912
128
78, water, reg. Acp., 1898..AAO. 126
JAD 1U7 IC8
4s, 1915
23
J&J 120
6a, Consol., 1901 reg
Poi1land,.Mc.— rt8,RR.Ald,1907.M&» ili4i< 125
J&J 100 >i 103
48, fuuded, 1912
1071*
Portsmouth, N.H.— 69,'93,RK. JA.I 107
Poughkeepsle. N. Y.— 78, water lon> 141
Providence, R.I.— .5s,g.,l900...J.«i.l 114> "l4l»
24
gold, 1900, water loan.. J A J , 1231..
fa,
1001»
JADiSlOO
1S8, 1899
MA8 JlOlii IV 4
3144, gold. 1916
34
"'
Rahway.N.J.-01d78
75
80
New a4|uatmcnt. 4s
JAJ 119H1 121
Richmond, Va.—6e, 1914
JAJ 13$ 140
88, 1909
112>«
JAJ .„„
5e, 1921 A 1922
'
103 103
4a,1920
Rochester, N.Y.-78, Water,1903 .5141
KAA 101
48.1912
FAA 108>« 111
St. Joseph, Mo.— 69. 1903
06
F&a| 94
Comp'mi8e4a,190l
Var 4115^ 118%
St. Louis, M0.-6S, 1899
SlOSis
loo's
gold,
1894
68,
\\VS
5».l906
}'o2
43. 1905
3-65». 1907
]}"g'*^»*
69,

—

1

"

|

|

1

I

I

j

AAO»li3

Co.— 68,1905
«. Paul, Minn.—18, 1912
St. L.

\ 9-

—

89,

J&J

U30

cins.1909.li-F
SpringHeld, .Mass.—63, 1905. .A&O
.^AO
78, 1'JOa, water loan
Toledo, 0.— 7-308, BR., 1900.M A N
Var
88,1893-94
Nar
68,1899
AAO
6s. 1893-1013

Inilianapolla,Ind.-"D"7-3,'00.JAJ

J &JJ
Virginia— 68, old, 1886-'95...J & J
68, new bonds, 1886-1895. .J & J
68, consols, 1905. ex-coup
J&J

«3.

JAJ

1897

Jersey City— Water 7a, 1902. ..Var

JAJ
Water 6s, 1907
FAA
Funding 68, 1909
36
40
Hudson Uounty 58, 1905.... MAS
68, consol., 2d series
J&J 35I4
JAJ
Hudson County, 6s, 1905
68, deferred bonus. Trust reo
81s
"65'"
Hudaon County 7s, 1891.... JJtD
Xax-rec'vable coups., from cons'ls
J&J
Ions
7a,
City,
Bayonne
1)0
271s 30
from 10-408.
671^ Kaiisa.s City, .Mo.— 83, 1896... Var
New38(Rlddleberger).1932.J&J
.....MAN
3?i4
7s, 1893
10-408, cp. * reg., 3 to 5, 19 19. J&J

4a.

—

88,1905
4s, 1905
3i«s. 1908

HAILHUAW

I

1

do

new
Lon-fundable

..

32 13
17

J.awrenie, .Mass.—68, 1894. ..A*

48, coup.,

1901
Allegheny Co.,
48, riot loan,
48, riot loan,
88,
do
48, refunded.

Var.
5e, cp.,

1913.J&J

5-lOs
10-208
10-208
5-208. 1891-1906...

48. Court House, 190!', reg.. J&J
AUanta, Oa.— 8^, 1902
J&J
Water 78, 1904
J&J

6s, 1895-6
Sa. 19U-!5
4'a8, 1916

J&J
J&J
J.vJ

Augusta, .Me.— bs, 1905, Fuud .J&J
Augu.'.ta, Ga.— Ts, 1900-2
Var
68. 1905
J.v.t
Bultininre— 68, consul., 1890. .Q—
68, Ualt.& O. loan, 1890
y—
6s, Pirk. 18'J0
(j—M
*

105
103
100
100
101
102
104
117
116
106
102
U<0
(120
110
I'Js)

102
103
102

Pnoe nominal; no late tr ansa ;Uoua.

•

63,1397
10-408,58,1920
48. 1923

i

09

»»

07<s

,1071*

120
1U7
101>*

BO.Nps.
i»i«

I

befi>und under the eoiisofd natiu. >>

130
lu»

Southern- l8t mort., 1908 «117
Dibentnro aorlp, 6s, gold, 1903.. !«107
e 07
Geu'l mort. Js. 1''2"
OS
lll>s''Ar'.b!» nrMidland'-l'it.oV, i928...
Ala. Qt.

68,1900
Long Island City, N.V-\Vater,7s.
Var
Loufsville, Ky.-78, 1903

CITV SECURITIES.

Albany. iN.Y.— 78. 1910-16... M&N S142
68, 1915 to 1919
M&N U20
48, 1920 10 1930
.M&N SlC2
Allegheny, l*a.—6a,op., '87-07. Var. 100
4'i8, coup., 1885-1901
Var. 100

I

AAO |ll8>«
A.*0 &t06>(
JAD ilOO>s

(Bond* 0/ eoMpanUt coiuol'iea

O

AAO

20

Var.

Washington, D.C.—See Uiat. of Ooi.l
Woroeawr, Ma8».-6a. 1802... AAO 6107

I

Conso'. coupon,

58,

1913

(...-.

IViO ,121
S128
13S
104 108
5127 |1<8
S135 137
123
6121
^114 lie
Sll4>allft
(103 ;104

1»97

Savannah— F'd

I

78, gold, 1904
Vermont-Os, 1890

12s
131
loe
lis

no

JAJ
JAJ

Va.— 6a

88
88, special

135

116
126
120
:oi

1901
1908

68,
48,

I

A&O
F&A

132
104
AJtO S113

J.— 78, 1900

Patoraon, N.

I3t

Vnr 110

Norwich, Ct.-5a, 1907

Charleston, 9. C.—Conv.78,'97. A &0

Oai*

,116
|143

MAN 5111

MANiJUO

2158
Norfolk, Va.-6.8, 1914

131
Conv. 4s, 1909
J&J
124=8 125i« Chicago, ru.— 7s, 1802-99
do
78, 1903
Florida— Consol. gold 68
6s, 1895
J & J 5110 113
4iss, 1900
Georgia -7a, gold bonds, 1890.Q—
1021a
4is«, 1915
3-658, 1902
J&J 112's|ll3
Louisiana- New con. 78, 1914.Ji&J
Cook Co. 78, 1892
Stamped 4 percent
90% Cook Co. 58, 1899
Baby bonds, 38. 1886
F&A 40 42^9 Cook Co. 4i»8, 1900
Maine— War debts Gs.Oet.. '89. A.%0 looks' 10058 West Chicago 5s, 1S90
Maryland- 6a, Ho8pital,'87-91 .J&J 100
Lincoln Park 7s, 1895
99 >s
68, 1890
West Park 78, 1890
6—
106
3-658, 1899
South Park 68, 1899
J&J
lOiSi Cincinnati, O.-7-308, 1902 ...J&J
Massacliusetts-Ss.gold, 1891. .A&O 104
JUOijllO^
7a, 190i
Val
88, gold, 1894
J&J
Var,Sr.;3's:
58, KoUl, 18d7
M&S 116 ,H6's 68, 190J
lOblfl
M&NiSi23ia
gold,
MIoblgan— 7s, 1890
6s,
1906
M&N
Mlnnesot.'i— .\d). 4149, 1912. 10-30. 5100
Va- Uo3isl01
48, 1905
1031a
Missouri— Fund, bonds, '94-95. J&J limi
4s, 30-50S, sink, fund, 19JI. J&J 510458 lOl's
liong bonds, '89-90
5s, 30-508, silk, fund, 1930 M&S Ul4iaill5
J & J 101 »al
15104% 1051*
Hamilton County Is
Asylumor University, 1892. J &J lo7
Kew Hampslilre— 5s, 1892
A*0 5ll5is!l.l6
J&J S105 105»» Cleveland, 0.-78, 1894
Jl2i)
122
M&S
War loan, 68, 1894
113
1900
63,
J&J 51121s
133 135
J&D JI16I3 118
War loan, 68, 1905
5s, 1907
J&J •122
5l03is;105
J&J
Hew Jersey—6s, 1897-1902... .J&J
49, 1903
Columbus, Ga.— 78
Var 109 110
68. exempt, 1896
J&J •120
103
105
New York— 1>8. gola, 1892 ...A&O 110
5s
r«A510S |107l«
_6a, gold, 1893
Covington." Ky.—V-'sbV.^'SsiiJr'F&A
A&O 110
S102I4
10
Worka,
1890.
A&O
7-308 Water
37
Ho.CaroUua— 63,old, 18S6-'98.J&J
J&J,JU)0i4 101
68 N. C. KR., 1883-5
48,1927, new
J & J 1!150
FAA41U 112is'
58, 1920
68
do
7 coupons oir ...A&O 135
'112
Dallas, Texas— 88, 1904
e8,fmidingactof 1806 1900.J&J
131s
'100 103
Water, 68, 1900
6s, new bonds, 1892-8.'
J&J 15
97i«
58, Street Improvement, 1928... • 95
63, Chatham KR
A&O
FAA4110
68, special tax,ola88 1,1898-9A&0
61s
81s Detroit, Mich.— 7a, 1894
J&D
5128
L..
1906
W.
96%
69,
48, new, cons., 1910
97
&
J
J
J&d'§ OJ 102
3128,1911
68.1919
122»s
85
90
Penna.— 58,new,reg.,'92-1902.K&A
Elizabeth, N. J.— New 43.1912. J&J
80
85
12133
Evansvillc, lnd.,oomprom.48,l9l2
48,reg.,1912
Rhode isl'd-ljs, 1893-4, coup. J &J Ill's 112H! Fitchburg.Mass.- 68.91,W.L..JAJ5104is!lOo
4i«
103
Bduth Carolina- 68,Nou-fund.,1888
Galveston, Tex.-8s,1893-1900.M&Si*101
5
JAD * 95
Brown consols
101 105
58, 1920
J&J 5110
64 13
Tennessee 6s, uufuuded
Hartford, Conn.—Os, 18D7
10-25 year8.4i88. 18 (0-1905.J&J §100
Compromise bonds,3-4-5-68, 1912 74'8
AAO
Hoboken, N. J.-7S, 189i
Settlement, Us. 1913
106
JAD
Improvement 6», 1398
Bettleuieut, .Ss, 1913
101% 102
MAN
.58, 1901
74 14 7436
Settlement, :ia, 1913
do
Gs
Tex.—
Texas— Cs, 1892
5106
Houston,
M&8
Coinprjmise 59, 1918
78, gold, 18i)01910
M&S 5ll5

14010'
;

il33
,ll»
,117
{113

New
5s,

37

loa
...._,

JAJ^I3i lias
MAN':Sl32
MA.-^'JIM

48, 1900
3>i8. 1904
3a, 1907

8a, Watir,

138
1

99I4!

MA!* il41

N.Y. Cliy-7a, 1000

lOtf

111

J&D

1934
189>

if,
7«,

VU

11«

UK's

...

Cods. 6a, 1023, extended.... JAJ

112
1(6
170
170
160
140
121
ir4

!ld«"
1106
|II7

1

.

{102
Water 5s, 1898-9
lO-aOsof 1S87
A&O
Water 4s, H'04
Dlst.Col.— Ooni.3-658,1924,cp.F&A 124% I2518
MiS
113
117
Wa'crSifl!', 1905
J&J
FandluK 5s, 1899
J&J
Waer 38, 1916
Perm. Imp. fl.f, ituar., 1891 ..J&J 108 no
F&A
109>« 111
Cambridge, Mas8.-Water88,'96. J&J
Perm. hnii. 78, 1891
J^feJ
Cliy68, lliOl
J&J
Wash.-Fuu(l.loau(Cong.)68.s.,'92 10313
Water 3is», 1911
Var
Funit. loan(Leg.)6s,g.. 1902Var 125
llO-^

.1.

104
4«ia. 1806
104
5s, 1909
110
ea, 1910
Vaililta
7s, 1895
Var {114
7a, Aqiiedaot. 1008
Var| 133
N«w Bedfnrd.Maas.— es, 1900 AA't 1} 3 >
S>s8, 1010
A&O Slot
N.Brna»wlek,N.J.-78, water, 1904 112
68,1006
Viu 100

123
126
108

1907

lOiif

AAO

Bridge Sa, 1008

4'«8.

Market stock, 78, ls92
Water stock, 78, 1901

U3i*

Vewark— 4a, 1006

I'll

Q-,)

«

6s, new
NatbTllIe. Tenn.-Ds, 1007. ...Var.

103
103
108

J&j' SlOO
Belfast, Me.— 68, railroad aid. '98.. 5 107
Boston, Ma89,—Water6s, 1906 .Var §134is
Wiiter iSs, gold, 1U06
Var Sl22
Water 49. 1917
V/.r Sin
W.iterSisa. 1917
A.to 5104 >«
Brooklyn. N. v.— I»ark78. 1924. J&J inn
Brli^ge7s, 192*
J&Ji M6S
Park rla, 1924
J&Jl 5155
jAji 5136
Bridge 5b, 1819
Bitdge 48, 1926
J&J' 5118
Water 38, It'O,^
J&J' SlOl
New 3s. exempt, 1906-13
|4106
Buffalo, N.Y.— -8. 19J4-5
J&JI5144
4's3.

&0
76,Mi89.0.
R. Rlv.,1900.A *0
78, Ark. Central KR.,1900.A &0
78,

«

Md. KR.,

OlTT 8B0URITIBS.

Ask.

MbDtsomerjr, Ala.—

MAP
MAS

Bath, .Me.— 68, 1902

loek

7e, L. K. ikFt.8.l8.sne,l900.A
I,. R., 1H99.
7b, Meiuphfs

78,L. R.

Bid.

Baltlmoro— (Contliiuod) «IC?.W I07>4
6a, bounty, 1893
107 \ 108 >4'
coup., (i—
68, bounty, exempt, 1893..
129^
rC){...Q—J
68, water, 1894
120''» 129^
coup.. .O—
68, 1900

,

--Var

MAN;,-..

lOJ
101

JAJiUOO

I

Ala.

-N.

00
80

87
...JAD« 45

O. T. AC. Ist deb. 6«, 1W07. e

iddebent.

6a.

1907

134

Ub'yASuaq.-Oous. 79, 1906, guar.
OAaol. mort..6a. 1906. g.iar. AAO l24H,ia454

106
105

Lowell, Mass.—68. 1890. W. L.M&.N {l03i« 103%
Lynchburg, Va.-68, 1901-4...JAJ 111 113

105
101
101
102
103
106

AAU. S-i"*, 33V»
Ia«>i:e.78.end., 1804
llbi4
Vtc™roP. A3. Fe-l8t,7s.'99 J.\.l H16
OO",
i:.idgri*t,7a, g., 19O0 ....AA;) {lO».
HOI* 100
JAU
loll
tJs,
fund,
Sinking
loo's
LManchester.N.H.-fl*. 1394.. JAJ .,il09
100
90
.AAO
89, 1909 (Isl mort.)
JAJ .?121 12J
6a, 1002
70
as
89, plain bonds, 1020.... ...MA8
.''lOJis, 105
84
87
-• ...AA'i
4i«9, 1020
103
igOfj.
>t
te'un.-C.'.mp.'ei".
102;i:
.-dtTi'i JhiV.
80iSi Ol
.K.rt.\
193
Truit,
6a.
diateral
C
J*; IO214 101
Tax Hist., ts, 1913
97
95
..M&.N
-•
v .;Ou'»r."f<l. 6#, ootas, 1891.

1-20

JAJ 125
88, 190.5
Lynn, .Ma.s8.-Waterloan,63,'94. JAJ illOis

WatT loan, 6s, '96

1U««

iJlegh. Val.-<len. .M.,73-10s.JAJ,
SMt. f iten. M., 7., 1910... AAO.

"S

'vi-.!

115

;/?J,

MAN jfJ!,
{1111* 115
58,1905
113
JMacon. Ga.-6e, ia0i>...............|,ll2

I

j

,

j

I

...JAj|

Tax Dist! 68. l»15
Miuueipoil9,Mlun.-88, 1893.JAD

122
111
110

"I'l'i"

i

4>S8.

1

......

07

I

I'O*

i«

Milwaukee, WU.-Water78,'02.JAJ|
J&J|
Water 49. 1906-7
Mobile, Ala.—4-5a,f uuded, 1906JAJ

T^haser also e^» accrued lntere«.

\0i^l03^

Ulo

5100

191215

4a 1SJ15-17

"

llO

03
e In

I

London.

Oillfor. So.

-lat 6a, g.,1926.J&l {lO*"*

*«*"', V
Incoiu«6i, 1028
Chic. A St. L,.— lal6a, 1915. MAS
Cal.— 1st 5-i.l;<.i'
Chic. San.Fe

33

'"

34

A

Cowl. aau».AKt.8-7»,l9
Kan. C. Bmp. « 8o.-lst
Mat'n * MeP.— I<t7s,>v

-

'

H Ooupona on since 180 J.

m ii3>«
113

i

FJ

—

J

F

THE CHRONICLE.

65 i

GENERAL QUOTATIONS OP STOCKS

[Vol.

•

XLVra.

BONDS— Co.vtincted.

ANfD

For Explanations See Notes at Head of First Page of Quotations.
KAILKOAD B0KD9.

Bid.

EAILBOAD BOND8,

&.sk

Atoh. Top. & 8. Fe— (Continued)
Boutli.Kauaas, 1st 5s, 1626

Chic.

M&9

Louis'a& Mo.R.,l8t,78,1900F&A

M&N

Texas Div., Ist Ss, 1927 ..M&S
Income 6s, 1927
Wich.

& West— let

Louis'a &Mo.E.,2d, 78, 1900
Bt.L.Jaok8'v.& C, l8t,78,'94.A&0

68, 1914. J&J
Dor'do, l8t,7s.

Florence* El

A&O
M&S

do
Income 7s,
N.Mex.&8o.Pao.l8t,78,1909.A&0
Pueblo * Ark,V„ Ist, 78, g,,1905Bonora, Ist, 78, 1910, guar.. J&J
Wloliita&S,W.,lst,78,g.,gua,.1902
A.Elanta & Cliarlotte Air L,— Ist, 7b
68,

A&O

1900

Allan, & Dan,— let g, 6s,1917,A&0
AiantioA Pac-lst 48, 1937.. J&J
W. D. Incomes, 1910
A&O

Central Di v., old 6e, 19J1
do
incomes, 68, 1922
do
ace. Id. gr. 68.1891
Augusta it Knoxv,, 7s, 1900. ..J&J
Baltimore & Ohio -New 4s
A&O
68 gold, 1925
F&A
CoLsol. ?old 58, 1988
F&A
ParkersburtrBr., 68, 1919. ..A&O
Bcliuj-lkmEir. EastSideSs, 192.T

A&O

1933

Sterling, 4^48,

Bterlmg, 5s, 1927
Sterling,

J.feu

68,1895

Bterlingmort., 68,

g,,

M&i1902.. M&P

do
68, g., 1910.M&N
Balt.& Pot'c— Ist, 6s, g., 1911 A&O

(Jhic.

iBt.tnnnel, 6s,g..g'd, 1911. J&J
Beecli Greek- lst,g'ld, 48,1936,J&J
78, 1893
J&J
Belvidere Del.— lst,68,o., 1902. J&I!
Cons. 4s, 1927
F&A
Boston & Albany- 78, 1892.. .F&A

88,1895

112»ii

iu5'"
IO9I4

J&J

112 >«

B08t. Ocnc. & Mon.— 'Ions. 78, 1893
Cionsol moit., Gs, 1893
A&O

1081a
10414

j&j
1892. ..A&O

111
108 ^

J&,I
j&.l

I1314

Impiovementes, 1911

Boeton&Lowell— 78,

•

68, 1896
68, 1899
48, 1905-B-7
43«e, 1903

Boston & Maine— 78, 1893
J&J
78, 1894
J&J
Bost. & ProTldence- 78, 1893. J&J
B08t.& Revere B'h— l8t,68.'97. J&J
Bradford Bord. & K.— Ist, 6s, 1932

en, 19J8....M&N
Ist, 4s, 1938. .J&J

Brans. &W"ost,
Buft.

112

I'a.

llOis

78,

68,1934. .A&O
Iowa C. & W., let, 7s, 1909. M&8
C, Eap,I.F,& N,,l8t,6s, 1920. A&O
do
Ist, 58, 1921. ...A&O
Oallfor. Pac— 1st M.,4»s8, 1912 J&J

82<s

tr.,

Cons. 6s, 1911

845e

Ill's
..

.

Canada So,— l8t5s,guar.,1908,J&J 110% iimi

2dmort., 58, 1913
M&S
Cape F. &Yad.V.,lst.«8,Ser,A,1916
Xstes, str. B, 1916
Carolina Cent.— lst,68,g.,2000.,f&j
2d, Inc., 68, 1915
A&O
Oatawissa— Mort.,78, 1900, .F&A
Cedar F.&Min,— let, 78, 1907. J&J
Cent. Br. U.Pac.,l8t8,68,'95-M&N
Fvmd. coHiion 7s, 1895
M&N
Atoh.Col.&Pac.,l8t,6s,1905Q.—

97
10(5

101

5s,

M&N

1912

Pac—

Ist, 4i£8,
Ist, 6s, gold,

Ist, 68, gold,
l8t, 6s, gold,
Ist, 68, gold,

1896
1897
1898

19ci0.M&S
1895 .J&J

Consol. mort., 78, 1914
J&D
Cons. S. F., 7s. 1914
J&J
Gen. con. 63. 1934
J&J
Belief. & Ind. M.. 7s, 1899. ..J&J
Cleve. & Mib.Val
G. 53, 1938J&J
01ev,& Pitts.—4thM., 68. 1892.J&J
Consol. 8. P., 7a, 1900
Colorado Mid.— lat, 68. 1936. .J&D

—

M&N

Ist, 63,

do
assented
Denv.S,P,&Pao,— l8t,78,1905

De8M.& Ft..D.-Guar.48,

Pac— 68,1917,coup J&J
Exteu. & col. 58, 1934
J&J
CUic.&S.W.,lst,78,guar„'99.M&N
Chic. St. L. & P.— Ist, 5s, 1932. A&O

1

J&J
J&J 116
J&J 117

Chic.

& Gt.

East., 1st, 78, 93-'95.

let mort., guar., 2is8,

Det. B. C.

5

Purohaser also pays accrued interest,

114
108
110
110
100>«

23
125

90

IO6I4

125

81
83

&

Alp.. lst,0s,19 13

85
56

82

••>•«

53I3

J&J

1905

89
94>a

82

5

J&J

10714

118
118

Con. M., guar. 68, 1918
A&O el 14
Det. I^.& North.— Ist, 7s, 1907.J&J §116

II6I4

9i

D„ lst,53,1927.MA3 5 9J
M.— Ld. gr. 3iss, 8, A,' 34

Gr,Rjp,L.&

lllis

Det, Miick.&

39

101% Dub,&8. City— Ist, 2d Div,,'94.J&J 111

lOJ

A&O

Oulatti & Iron R. -l3t,53. 1937,
Djluth S. 3h. & Atl— 5s,1937,J& J

107

lOJ
108

102
95 14

95
Dunk,A. V.& P.— l3t,7s,g..l900J&D 110
E.Teuu. Va.& Ga.— 1st, 7a,1900 J&J 123
Divisional, 53, 1930
J&J 110

,

M&N

IO8I4
Cunaol, 58, g,, 1956.
J&D
ist Ext,, gold, 53, 1937
9lis 91%
Equip, & imp., g., os, 1938. -M&S
95
97
Mjbile & Birm., lat, 53,1937.J&J
Kaoxv. &Ohlo,l8D, 68, 1925. J&J 1081a
116
J&J
Cent.,
Ist,
6s,
1918
Ala.
East. & W. Ry., Ala. -let, 68, 1926
Eastern, Mass.— 68, g.,190l!. .M&s 512614 i2"6'ii
Ea3tou & Aiulioy -M,,5s,1920M&N II7I2 118i»
Elizab.Lex.& Big S.— 6a, 1902, .M&S 103 llOSia

109 14

Elmira& W'mspt— Ist 63,1910,J&J

12.J

A&O IO6I4
Perpetual 53
Erie & Pittsb.— 2d, 7s, 189J..A&0 5100
J&J 113
Cons, mort,, 78, 1898

134i4'l35
A&O 5101 108
Equipment, 78, 1900
1071s Evau8.& Ind,— lsl,guar„g,,63,1924
J&J 108 111
Ist, con., 1926
120%
Evaus.A T.H.,lat cou,,68,1921,J&J
McVernou— 1st, 6e, g.,1923A&0 1161a
.

Evausv.T.H.&Chl.— Ist. <i8, g.l9o0
Fitohburg— 5s, 1899-1903... Var.
M&.>l
58, 190^
A&O
6s, 1897
A.feO
7s, 1894
M&S
4'as, 18J7

121

I

Price uounuai; no late transaotlons.

75i«

Det.G.Haven&Mil.— Equip.68,1918 ell4

122%

C0I.& lud. C, Ist M.,7s, 1904.J&J
B .Joaquin, l6tM.,6s, g.l900.A&O 113 1151s
do
2d M.78,1904.M&N
Cal.&Or. C.P.bond8,6s,*,'92J&J el07
109
Uu.& Logan8p.,lst,78, 1905.A&O
Laud grant M., 68, g., 1890. A&O 102 1021a Clu. & Chic. A. L., "s, 1890 F& \
Mortgage bonds, 68, 1936. ..A&O 106
Chi. St P.& K.C.-lst, g, 58,193tiJ&
West. I'aoif., Ist, 68, g., '99.. J&J 115%
ChicSt.P.Mln.&Om.— Con. 68, 1930
Oliarl'te Col.&A.— Cou8.,78,'95.J&J 110%
Ch.St.P.&Minn. lst,68,1918M&N
2d mort., 78, 1910
A&O 116
St. PauI&S.Clty,l8t6s,1919.A&0
Cjnsol., g >id, 68, ls)33
J&J 105 105i« Chie.& W.lud.—S.fd. 6s, 1919 M&N
Chartiers- Ist, 78, 1901
A&O 1201s 123
General mort,, 68, 1932
Q— M 120
Ches.&Ohlu.— Pur.mouey fd..68'9S
Chic & W, Mich,— 58, 1921 ...J&D 5 9314
Series A, 68, 1908, coups, off .A&O iis"'
Cin. & Bait— 1st, 7a, 1900 ...J&J
68,1911, ..
:...
A&O 110%
CiQ. Georg. & PoJta.-6s, 1901A&O
Clie8,&OUioEy, IstSs, 1939.M&N 97^8 97»s Cin, Ham, &Dayt.— Cousol.os A&O
cues. O. &S,W.—M,68, 1911. .F&A
Consol, mort,, 78, 1905
llO'f
A&O
2d mort., 68, 1911
F&A 751s 771a Consol. mort., 6s, 1905
A&O j 1 11 is
Cheshire— 6s, 1896-98
J&J 51101s 111
2a mort., gold, 4131 19j7. J&J ) i)i>hl
Chic. & Alton— l8tM„ 78, '93.. J&J 112^4
Cm. H. & I., lat M., 76, 1903,J&J 5II214
Sterling mort., 68, g., 1903.. J&J el23
125
Cin.Jack.&Mac-lst,58,1936 J&D
Bds. Kan. O. line,6s,g., 1903. M&N 124
126
Ciu, Van W, & Mien. I8t,6s,l90l
90
Ml"" T^'f .RrM,r,. 1«f.,Bf RU.1Q19 I11R
cin !#>>. & V"r._l»r. ?,a. VHHJbJ
*

....

92
78

88

M&N

1905. J&J

Ist M., on Ext,, guar. 4s,1905J&J
Det,&B,C.l8t,8s,eu,M.C.1902M&.V

lOJ
125

1898. .J&J

Chic.R.I.&

IO318 104
1 :^iv.
11S»8
11568

..

Denv,&Rio G.W,-lst.63,l911M&S 100

107 la 108
99
ChicPeo.&St.U-Gu. 6a,1928.M&3

103

5

Clev.Coi.Cin.&Ind.— lat7s,'99M&N

M&N

C.& Pac,

.J&J

,

117
Chic. &Tomah.— l8t,6s.'05.M&N elll
{Jedar R. & Mo.— Ist, 78, '91. F&A 510412 104%
5133 MSiis
Ist mort,, 78, 1916
121
2d mort., 78, 1909, guar.. .J&D 5 1 19
8.

1927

6.^,

Del.Laek.& W.- <;onv.7s,1892 J&D IIII4
Mort. 7a. 1907
M&S 137
104
Den. &R. (i. lat7e,goId,190J.M&!r 1181s
Ist con. 4s, 1936
J&J 80 a
1041s
Iiupr., g,, 53, 1928
J&D 82

130
122
l'.!0

1041a
8Cia

1931

58,

Jefl'.-lst,

7.=>
Colum, Hook.V, & T,— Con,5R,193I
Gen, 6a gold, 1904
J&D 75
70
Col, &Hock,V.— lstM.,78,'97,A&0 5110
19
do
2d M., 78, 1892.J.V.I! 5102
Col. & Toledo— 1st 78, 1905. F&A 5115
121
do
2d mort., 19:30. M&S 5103
102% Ohio&W.Va.,lst,8.f.,7a,l!)xOM&N SilSia
Col.Springf.&C.— l8t,7s,1901,M&S 5112
105
Col, & Rome,— let, 6s, gu.Cent. G*. 106
C0I.& Woat.— let, 6s, guar Cent. Ga. 109
Col. & Xeuia— 1st M., 7a,1390.M&!^ 5l02^
Conn. &Paa3ump.— M.,78,'93.A&0 6109%
Massawippi, g., 6a, gold, '90 J&J 5100
Conn. West.— 1st M., 78, 1900-J&J 5 18
115
Connecting (Phila.)— Ist, 68 ..M&S 122
Consol.EK.of Vt., 1st, 5a, 1913.J&J 5 891a
Cor. Cow. & Ant.— Deb.68, '98M&N
12£
Cumb. & Penn.— l8t68,'91....M&8
104 12 Oumberl. Val.— let M.,8s,1901.A&O
Dayton & Mich.— Con. 5s,1911 .J&J ^105%
Dayton & Union— Ist, 78, 19.)9J&D

Ott. C. F.

19 10.... M&S

&

107

North.

Ills,, 1st, 5s,

104
79
90

J.tJ

IO3I4 Columbia & Gr.— 1st, 6a, 1916.J&J
99 14
2d mort,, 6.3, 1923
A&O
9114 Col. & Cin, Mid,— lat, 6s, 1911. J&J

IO414

113

118

101
126
106
127
lOd

ll2i(j

Ohio— Ist M.,6s, 1890.. M&S IO214 103

Eeorg. cons.
Cent.

Wiuona&St.Pet.— 2d7s,1907M&N
&St. P., 5s, 1909.. M&S

1021s

120

'92.J&D

Clev, Akron & Col.— l8t,6s,1926J&J
Gm. M., g., 5s, 1927
M&i
Cleve. &Canton-lst. 5s. 1917.J&J

MeuomiueeExt.,l8t,7.^,1911J&D J 30
Northwe8t,Un,, lst,7.s, 19 17. M&S 5134

100
104
112
125
121
106

M&S

118

Q—

lat,,78,

Bait, Short L., 1st, 78, 1893. J&D

Peninsula, lat, conv., 78,'9S. M&S
Chic. & Mil., lat M., 7s, '98.. J&J 122 -s 12441
Mil. & Mad., lat, 68, 1905. .M.&S. 117
Madison Ext., lat, 7s, 1911. A&O §130

72

lOJ

Gen. mort., 58, 1987
J&J
78, conv., 1902
M&N
Consol. M., 7s, 1899
Q—
Conv, deben, 6s, 1908
M&N
Am, Dk,& Imp, Co,, 5s,1921 .J&J
Lieh.&wil.- Cou.7s,g.,1900,aBs.Q

1909

ABk.

Day t. & West.- 1st M.,68, 1905. J&J Jiisia
Ist mort., 78,1905
J&J {120
Delaware— Mort. 6s, guar„'95 .J&J 118
Del.& Bound B'k— l8t,78,1905F&A 1331*

Eacan,&L.8up„ Ist, 6s, 1901.J&J 111
Des M.&Miun's,lat,78,1907.F&A 12/
Iowa Mid., Ist M., 88, 1900. A&O

105
105
9i

Atcli,J,Oo.&VV.,lst,6s,1905.CJ,—

104%

Div., 58,1921. J&J

2,5-yrB, del). 5s,

.....

Cent, ol Ga,— 1st, cons., 7s, '93. J&J
CoUat'l trust 5s, 1937
M&N
Central of N, J,— lst,78, 1S90.F&A

Cent.

971s
106I2
102

lis"
71

West

do

A&O
J&J

121

& Mo. Eiv. 5a, 1926. ...J&J
Mineral Pt. Div., 58, 1910... J&J
Chic, & L. Sup. Div., 58, 1921J&J
Wis. &iMiun. Div.,5s, 1921. ..J&J
Terminal 5s, g., 1914
J&,I
Dubuque Div., Ist. 6s, 1920.J&j!ii !»•«
Wis. Val. Div., Ist, 6s, 1920. J&J 5102%
....
Fargo&Soutb,- 68,a9S.1924.J&j;
9i
luc. conv. sin. fund da, 1916.J&,r{
Dak. & Gt. So. 58, 1916
J&jl 93
Wisconsin Val., Ist 7s, 1909. J&J §124
Chio.& Northw.-Cou.78,1915.(i— F lH^s
Consol., gold, 78, ci>., 1902.. J&D 132
A&O
Sinking fund, 6s, 1929
A&O 111
do
68,1929
debent., 5s,1933,M&N lU'^s
do
Exten, bds, 4a, lti2(i
F&A .. -.

2dM..68, g.,eudC. Pac, '9 1. J&J
8d M. (guar. C, P.), 68, 1905. J&J
do
38, 1905. J&J
„ do

2dmort„6s, 1904

108
89
112

Chic.

99

Camden & Atl.— l8t,78, g.,'93.,J&J

119>4

Consol., 78, 1905
J&J
lat M., I. & D. Ext., 7s, 1908J&J
1st M.,68, S'thwest Div.l909J&J
1st M., 58, La C. & Dav.i919J&J
So. Minn, lat 6s, 1910
J&J
Chic. & Pac. Div. 6s, 1910 ...J&J

90
1031s 106

Pittsb.— Gen.56, 1»37
Eocli. &P., Ist, e.-', 1921.. ..F&A

Cons.lst &col.

111

& Dak., 1st M., 7s, 1899. J&J
Hast. & Dak.Ex. l8t,78, 1910.J&J
do
58, 1910
J&J
Chic. & MU., 1st M.,7s, 1903. J&J

1916,J*1> 143
9838 99
1181s
Consol., 1st tis, 19i2
117
ii's'is
J&D
Buft,& Southwest,- 68, 1908. .J.&J
84
Burl. C. R, & N.— l8t,58,new, 1906 100 ifl ioi"

&

Income

9114 Clearf,

Paul—

II2I3

113ifl

Brad.& P.— Oen.M.78,'96. J&J

Bufi.N.Y.&Erie— Ist,

Buff,Roch.

St.

Cin.&Indianap.,

114

P.
P,

111%

Bradf.Eld.A Cuba— l8t,68,1932J&J
Brooklyn Ele,— Ist, 68, 1924..A,fcO
Zdmortg, 5s, 1915
j&j

&

Bid,

,

Nor,— 5s, 1926.. A&O? 103

du C, Div,, Ist, 88, 1898. F&A
D.,2d M,, 7 3-108,1898. .F&A
R.D., lat, $, gold, 78, 1902 ..J&J
La. C, IstM., 78,1893
J&J
I. & M., lat M., 78, 1897
J&J

IOOI4

106

Eo.^ds,

ludianap. C. &L., 78, 1897. .F&A
Cin. Laf,&C.— l8t,7s,g.l901.M&8
Cin. Rich. & F. W.— lst,78,1921 J&D
33
Cinn.Sand,& Clev.— 68, 1900. .F&A
I33is
21 mort.,78, 1890
J&D
lom Consol. mort,, 5s, 1928
J&J
10614 Cln,&Sp,— 7s, C.C.C.& I. 1901.A&O
10114
7s, guar., L.S.& M.S., 1901.. A&O
Cin.Wash.&B.— lst,gu,4ia.s-68M&N
2d mort., 5s, 1931
J&J
3d mort,, gold, 3a-4s, 1931. .F&A

H

109 14 Chic. Mil.

Var.

M&N

Uniou El.— 1st,

BU1-1.&

Railroad

Cin. Rich. &Cliic.— Ist, 78, '95. J&J
Cin, I. St. L. & Chic— Con. 6a, 1920
1st gold 4s, 1936

2d M,, 78, 1892

2d, 68, 1918
J&D 5 9J
Debent, 6s. 1896
J&DS Qi
Equ pment78, 1903
F&A 5106%
Chic. & Can. 80.— 1st, 78, 1902 A&C
Chic Kan, & West'n.- 1st, 58, 1926 5 69%
Income 6s, 1926
Chic. & East 111.- lat mort. 68,.1907 1211s
Ist, con,, 68, gold, 1934 .... A&O 120 's
Gen.cou., Ist, 58, 1937
M&N 102 14
Ohio. & Gr. Truuk— lat, 63., 1900.. 103
97
Chi .&Gt.W.-l8t,g.,5s,1936,J&D
Ch.&lnd.CoalR'y,l8t53,193d J&J 103

93J«

Gap— 1st,

Bell's

123 125
117
112 li

do l8tguar.(564).7B,'94A&0 11214
do 2d M. (360), 7s, '98. .J&J lis
do 2d guar.( 188) 78,'98. J&J 118
Chic* Atlanflo— 1st, 6s,1920.M&N 70
2d, 68, 1923
F&A
Chic. B. &Q.— Con8.,78, 1903. .J&J 133
Bonds, 5s, 1895
J&D ilOlM
5s. SLuklngfund, 1901
A&O 106
123
58, debenture, 1913
M&N 1031s
104
Iowa Div. 58,1919
A&O 114
Iowa Div., 48, 1919
96>i!
A&O 96
80
48, Denver Ext., 1922
F&A 95
171s
48, plain bonds, 1921
M&S 901a
100
Plam, 78, 1896
J&J 5.U31S
Neb. Ext,, 4s, 1927
M&N 91
Bur, & Mo, E., I'd M., 7a,'03.A&O S110%
110
Bur,&Mo,(Neb,),l8t,68,1918.J&J 5118%
do Cons, 6s, non-ex.. J&J ^0714
109
do 48, (Neb,),1910... J&j'Mf*
110>s
do Neb.RR,lst,7s,'96A&0 51101s
do Om.&S.W.,lst,8a,1896 5ll9
ni. Grand Tr„ 1st, 88. '90...A&OlM04i«
Dixon Peo.& H., lat, 8s,1889. J&J !} 100%
Ott. Osw. & Fox R., 8s, 1900. J&J j5 124
Quincy& Wars'w, Ist, 8s, '90,J&J 5 105
Afcch'n & Neb.— 1st, 78, 1903 M&s|U2634
Rapub. V.il., 1st, 6s, 1919.. .J&J JlOl

K.0.Topeka&W,,lstM.,7s,g...T&,)

Income,

Ask.

Bid.

& Alton— (Continued)—

e In

"96'

102
105
107

.102
il06

109
1091a
51III2 112
10 J |1001«
93ia 94i«

5
5

A&O
& West., ileb. 58, 1913.
& P. Marq.— M. 68,l92o.A&0
96
Ft. Worth & Denv. C— Ist, 63, 1921
Frem't Elk'n& Mo.V.— 6.8, 1933 A&O 5124%
1907
Bo3t,H,T.
4s,

126

114

Flint

9oia

do

11")

do

100

122'8
963g
125
Unstamped.. 512214 123

[UOia
109
92ia!.-—
75
71
Gal.Hou3.& Hen.— lat,6s,1913A&0
J&J 107 110
Georgia Qi, 1910

1021s Gal.Har.&SauAur.— lst,63,g. 1910.
J&D
100
2d mort., 7s, 1905
126
West, Div, Ist, 58, 1931.... M&N

lOJ
113

iGeorgia Paoific— let, 68, 1922. J&J
Cou, 2d mort., 53, g, 1923... A&O
2it mort. iucooies

113iall3%
Slia'

82%

28

29

j

93

'

Loalou,

f^nn. i'lOlUfl, ft", g..
y

Oj.ipjj

1 ',

1923
»

lu

.

V

%0

A nsterdain.

I

MJJ

May

.

THE CHJjQNICLK

18, 1880.]

GENERAL QUOTATIONS OP SPOOKS
For 8Kpl«naHon» »ee Wot««
RAII.ROAD BOHDS.

A8k

Bid.

Qr.Rap. A lud.— Ist, \.g., K'd, 7ii, a. 4120
iHt M.,7s,l.K.,gold,notKUnr.AAO §U7
4110
Ex land grant. 1st 7b, '99
Conmil. i5a. 1924
MAS
Gr.lVvW.ASt.P.— lBt,«8,19H.F.*A
lueomiis, 1911

2(1.

Gulf Col.

*

Pe— l8t, 78,1909 JAJ

a.

2d, 68, gold.

AAO

1923

Han A St. Jo.- Con. 68, 191 1 MAP
Kan. ('. A Cam., lOs, lf)92.. JAJ
. .

.

A

.1913
Hart. A Conn. W»at.— 58,1903 JAJ
1937.
Houaatonio— Cona. 5s,
.MAN
Ho'8t.E. A W. Tex.— lst.79,'98.MAN
H.A Te.«.Cen— Ist 78, Tr. roc. 1891
Wo«t.Uiv.,lst, 78,Tr.rco.'91.IAJ
WacoAN. W..l8t,78.e.,1901.JAJ
Cons, mort., 88,1913,Tr. i-eo. AAO
Gen. mort. 68, 1925, Tr. reo. AAO
Hint. A Br. Top -iRt, 78, '90.. AAO
Harris. P. Mt.J.

t,.— lot, 48.

ac

Ho«d of

Raiuioad Bonds.

122

A

8.

O.— Ist, 78, 1917. AAO

Jaoksonv.S.E.-lst, 68,1910. ..JAJ
Gen. mort.. 6s, 1912
JAJ
Ch. P.A8t.L.,l8t,5s.K.,1928.MA8
Utch'ld C.& W., lst.68,1916.JAJ
Louisville A St. L., 58, Iflar.AAO
Jefferson— Ist 5e, gu ir. Erie .1909
Jett. Mad.AInd.— l8t,7s,190G.AAO
2d mort., 7s, 1910
JAJ
Kanawna A O.— 1st ds, 1936 J.AJ
Kan. C. Clinton A 8pr.— lst,5s,192.;
.

Bid.

120
76
104

:

122>9

Consol. 1st 68, 193;

78

tfarq'tte

JAJ

Ho.A O.— Mar.AO.,88,

'92

117
100

98
100

100 1«

lOJ
102

HlSHi 116
125

5100

iboia

JUO

112

A

98%
82%

981*
8214

Keokuk ADes M.— lBt.5B,guar. AAO 104 >s
Kings.

loo's

Pemij.— 1st, 6s,19l2.JAJ

Lake E.A West.— lst,g.,58,1937JAJ
Lake Shore A Mloh. 80.—
Ca. P. AA8U.,new7s, 1892. .AAO 109
Boff. A E.,

il3"

new bds,M.,78.'98.AAO

Det.Mon.A Tol.,lat,78,1906.FAA
Kal.A Wh. Pigeon,lst.78,'90..J.feJ
Dividend bonds, 78, 1899. ..AAO
L.8.AM. S.,t'on8.,op.,lst,7s.JAJ
do oons.,reg.,l9t,78,1900.Q—
do eon8.,op.,2d,78,l»03..JAD
do cous.,rr,g.,2d, 7s,1903.JAU
Hahon. Coal RK.lst,58,1931.JAJ
Lehigh Val.— 1st, 68, 1898.. ..JAD
Sd mort., 7s, 1910
MAS
Gen. M., 68, g., 1923
JAD

IBS'!

Louis. Cin.

Mem.A

A Lex., 68,

0.,stl., M.,78,

1931. MAN

g.,1901JAD

M.AClarkav.,8t'g,6s,g.,1902 FAA
N. O. A Mobile, lat Us, 1930. JAJ
do
JAJ
2d, 68, 1930
Pensacola Dlv.,lst,6s,1920..MA8
Bt. Louis Div.. Ist, 6s, 1921. .MAS
2d., 3s., 1980. MAS
A Deo., 1st 7s, 1900. ..JAJ
A N., lit 68, 1919
JAD
Sen 1 mort., js, 1930
JAD
Bo.ANo.A..>.,8. F. 68, 1910 AAO

Q—

Truft bonds, 68, 1922
Ten-forty 68. 1924
MAN
50-year gold, 58, 1937
MAN
Ool. tr., gold, 5s, 1931
MAN
Pensa. A At!.- lst,6s.gii,'21.PAA
NaaU. F ,(rs 1 st ed e 5*. HoT.FAA
'

1S7

V.'d

1

112>s

io9"i:::::;

do

Equip. Trust 88,1908
MAIf
murt. Inc., 8s, 1910
3d mort. lnc.,5B, 1914
Ijeased L. rental truat, per deb. 48
126
West. ext. oertlfa, 8s, 1870.. JAJ
lu7
do
do
78, guar. Erie
iV7"'^ 117% N.Y. Phil. A Nor.-lst, 1923 ..JAJ
,

2<1

107

70it

75

»f

iim

ili^s

il27'* 127%
I17i« 118

109% 110

t
e
8

94

»•

6>s

«>•

3% -SH
92
04
48

88
63
< 43
110
60
t
<

AAO
53
.^^^
JAJ 09
PAA 79
Midl'dof N. J.-l8t,68,1910.AAO lIRls
Norf. A West. -Gen., 6», 1931 MAN US'* ii9is
Sew River lat 68, 1932
AAO 111% 115>t
Income

68,

1933

70% N.Y.Buaq. A W.-Deb.
76

18

M

112

lno.,ft<)0.7».l»05
prior llen,loo.ao.,6«.I89ft

1021s lOJ

«

.

IISH 13di«

FAA 101% 103
32%, 33l«
eim 110

68 (scaled to 38)

N.T.Pa.AO.— lat,

123
123
118
12 i

141

73 • 76 >

««.

'97.FAA

l8t refund., 88,1937
2d mort.. 4's8, 1937

181s

5104% 105
102

.

63

Impr.

1:1

I3II4

Exten., 68. 1934. ...FAA

Adjustment

113

78,

104 14

Norfk A Peterab., '.id. 88, '93. JAJ
Bo. Side, Va.. ext. 8-6-8a,'90-1900

116

do

101

96l|

94
113

1004

2dM.,ext.5-6«,'90-1900 101

do
3d M.. 6s, 96-1900.JAJ
Va.A Tenn., 4tb M., Ss, 1900.JAJ
do
extended 68,1900. JAJ
North Penn.— lst,78, 1896.. ..MAN
Gen. mort., 78, 1903
JAJ

5107% 108

109

Q.— H. 112

1924

E'luipment, 88, 19i)8
J.kri
Conv. deb., 68, 1894
JAJ
Clinch V. D., l8te(i.88,19.57.MA8

§10214 102*4

^104

A

103
1/8 124
103
117
131>sl32>a

80
Debenture 68, 1905
MAS 1121s
Northea8t.,S.G.— let M.,88,'99,M,kS 125
Conv. deb. 5a. 1907
FAA I0.i% 104
2d mort., 89, 1899
MAS 123
Ext. A Imp. a. f. g. os, 1929. .FAA 10314
Northern, Cal.— lat. 68, 1907. .JAJ
Mich. Div., 1st, 6.^. 1924
JAJ 110 117
Northern Cent.— 4is«, 1928. .AAO 108>s
Ashland Div., 1st 6s, 1925. .MAS 113
AAO 117
2d mort, 68, 1900
lucomoB, 68, 1911
MAN lU2is 104
Con.mort.,68,g.,ooup.,1900.JAJ 119
104
St. P. E. AGr. Tr'k, lat, guar., 68
Mort. bds., 88, 1926, seriesA JAJ 113
Mil. A No.— 1st, 6s, 1910.. .JAD UUis 111
Ill's
do
series B
1st, 68, onexteuslun 1913. .JAD loin's 1091s
JAJ 121%
Cons. M. 6a, 1904
91
ainn'p. A St.L.— iBt, 79,1927. JAD
Con. mort, 8tg.6»,g., 1904. ..JAJ «I12 114
801s
Ist M., Iowa Clty&W., 1909.JAD
Union R R.— 1st, 6*, end. Oant.,'96 110
2dmort., 7s, 1891
60
Northern Paottlo—
JAJ
South west.Ext., 1st, "8,1910. JAD
PeuD'OreilleDir.,68,1919..MA8 102 104
86
MAN 103
PaclBo Ext., 1st, 6s, 1921.. AAO
Mo. Div. 68, 1919
JAJ 1201s
Imp. AEmiip. 6s. 1922
JAJ
Gen'l 1. g., 1st, 6s, 1921
92
Miun'p. A Pac, lat, 58, 1936 .JAJ
Gen. land gr., 2d. 6a, 1933... AAO 1131s 114««
88
1109
Minn. 8. Ste. M. A Atl.-l8t,58,1926
Gen. Ian 1 gr., 3d, 68. 1937... J.*D
96
98
Minn. A N. W.— lat, .5s, 1934. .JAJ
Dividend scrip ext. 6s, 1907.JAJ 103
Mlss.ATenn.— Ist, 4a, 1952 ..JAD
Jamea Riv.Val.— l8t,g..68.'36JAJ 107i«....„
102's
•2
93
Spokane A Pal.,l8t 6a, 1936.MAN 104^.....
Mo.K. A Tex. r;on8.78.. 1904-6. FAA
8c.P.AN'or.Pao.geu.68.1923.FAA VlyiH,
JAD 87
Consolidated 6s. 1920
571s
JAD 831s 53% HelenaARedMt.l8t,6i.l937MAS
Coneolidated 5a, 1920
Dul. A Man.. Ist, tta, 1936. .JAJ ivi'hnn
lat, 6a. g., 1899. (U. P. S. Br.lJ AJ
Dak. Ext.. 1st, s.f. 6s, 1937. JAD 110
Han. A C. Mo., Ist 7s, g.,'90.MAN
IIo.Piio.AMon.,lst,68. 1938. MAS 105'«,105>a
Mo. Pac—Consol. 68, 1920. ..MAN 112
105
I9I6.MA81 109 1....^
CoeurdAl.,l8t,g,68,
1891
JAJ
Pac. of Mo., 2d 78,
FAA 101>s lOl'e Cent.Waah'n, l8t g.es.lflS^.MASi lo«
Istex:. g. 48. 1938
109% 110
-l8t,68.'33.J.AJ
Ter.
Co.
Pac.
1893
AAO
Sorth.
Car. B., Ist 6), g.
MAN 118 ll8%lLyorw'hAWor.— lstM..69.'97..MtS 111 113
3d mortgage, 78, 1306
101 liom
lstM.68,'97,JAJ
Ogd'n9b'gAL.Ch.—
1917
5a,
MAS
Trust, gold,
MAS 100%|101
Sinking fund, 8s, 1890
Verd.V.Ind.AW.,lst,58, 1926 MAS • 'lOBis
100^
AAOi
1001s
1920
Conaol.
lsi,5s,l926.JAJ
,68,
Leroy A 0. Val.,
20
31
Income, 68, 1920
MoblleAO.— lat,g'd,68, 1927. JAU 1161s
100
51
l8tpfd.58,1938..Q-J
W.—
1938
OhloL
A
...MA8
81.1s
Gen mort.. 4a,
73
tJ-J
lat 5a, 1938. „
Q^I 110
1st Extension 68, 1927
58
Q-J
40
2d 5a. 1938
ist prefurred debentures
lid 120
721s
Ind. Bl. A W.— l8t, pf., 78, 1900.
Bt.L.A Cairo— 4a, guar.. 1931.JAJ
10
rcc
Trust
Consol.
Inc.
Morg'n'a La.ATex.,l9t,68,1920JAJ
Ohio A Mlaa.- Con8.,8.fd.7a,'98 JAJ 118% 119
AAO 123
lat mort., 79, 1918
JAJ
118%,118>a
1898
mort.,
78,
Cons,
'MorrlaA Easex— l9t,78, 1914 MAN
AAO 120 131 •
FAA 107% 1081s 3d mort., 78, 1911
2dmort, 7a, 1891
JAD 90
Ist gen 58, 1932
JAJ
Oonv. bonda, 7a, 1900
ioi"
l8t.Sprlngf. Div., 78. 1905.. MANi 108
AAO 126
General mort., 7a, 1901
103
1936.JADI
144
1st.
58,
River
Rtt.—
Ohio
JAD
Con8ol. mort., 78, 1918
AAOI 81
Gen. gold, 58, 1937
iNashuaA Lowell -68, g., '93. FAA &107 107»s
FAA J 108 109 OhloBouthem— lat68, 1931...JADI 108% 49
58,1900
2d Income, 68. 1931
Nashv.Ch. A St.L.— lat, 78,1913 JAJ 1341s
FAA L*?!*
5115% 118
Old t»lony-6s,1897
JAJ nils
2d mort., 68, 1901
JAD 5111% 113
6s, 1895
ConsolidaledgoldSs. 19i8 .AAO 104% 106 >a
|lU«t
MAS
{114
7i 1894
Nashv.A Decatur- l8t,7s,1900.JAJ
AAO Jl08«s 110
4^1904.:;
Natchez Jack. A Col. -Ist, Oa, 1912
104
J,*l>5ia5
4i«a!
104
1397
106
N. J. Juiictlon, lat, 4.i, 1986. .FAA
jaj io3's,io5
4^9^...::::::—..N. J. AN.Y.-l«t, 6», 19l0...M.%}» 100
101
5l
J0>«
B<it.0.AFllchb.,l8U78,'89-90JAJ
101
N. J. Southern— l8t, 68, 1899. .JAJ
BrC.F.AN.B.,88.19l0..JAj{U4 115
96
93
N. O. A Gulf.— iBt, 68, 1926. .MAN
113
N. Bedford B&. 7a, 1894. JAJ 5113
N. O. A Nonheaat. -Prior 1.68. 1915
i

,

1271s i2sii

ion

I

I

I

US'! iigii
139

139%

I

I

,

r

3i
118

I

109
lift

121

109
60
lOJ
I19>s

ll5
110
125

117
118
107

do

Rash.

E. H.

109%

,107% 108
il02>s 103

,

i'29

Q—

1907
AAO
Loa'T.Ev.A St.L— l8t.68,1926.AA )
2d mort.. 2-68. 1936
AAO
R. A E. Div., Ut, 6s, 1921.. JAJ
Louisville A NashvilleCons. Ist, 78
189S
Oecilian Br., 78, 1907
MAS

I

I

K.Y.AR'yB'ch,lBtg.''>8,1927.MA8 191
2d mort. inc., 1927
S
N.Y. A Man. Beach, lat 78,'97,JAJ iii'
N. Y. B. A .M. B..l«t con. 58, 1935
Brook. A Mon., 1st 6s, 1911. FAA
1st OS, 1911
MAS
2d, 5b, 1938
JAD
Lon'v.C.A Lex.— l8t,78,'97 JAJ(ex/
mort., 78,

109

KAA

2d m.,68, 1902

141

lOflls

.

103 "14
124 i26""

i'66"
LltcW. Car.A West, lstg.6.s,'16JAJ
L. Miami— Renewal 58,1912. .MAN 113% 116
L. Rook A Ft.S.- Ist, 78, 1905..J.W 510715, 1U8
7L
Little R.A Mem.-lst,5a, 1937. MAS
Long Island— Ist M.. 78, 1898. MAN iisisl '117'
116^8
let consol. 58, 1931
Gen. M. 4s, 1938
JAU 101>« 102

2d

140

I

}124

II414
C.F.8c.A.Mein.-l8t,6a,l928.MAN 5114
Current River, l9t. 5s 1927. AAO 5 99\ 100
118
K.C.Ft.ScottA Q.— lst,7s,1908 JAD 5117

Kaii.C.Wy.AN.W. -lat5s.l93:i.JAJ
Ken. Cent. Ky.—Gold 48, 1987.JAJ

I

981«'

1

do
68,1891
MAS
JoUet A N.Ind..l8t.78 (guar.M.C.) 12J
Midd. Un. A Wat.GKii-lHt.58,1911
98
75
2d 5s. quar. N. Y. 8. A W., 159rt.
Mil.L.Sh.AWe8l.-lat6a,1921.MAN 123

132H

513:4

'

Val., lst,7B.li)20.JAIJ

BM.

1

120
Pleas. Hill A Do 8oto, l8t,7«,1907 Sua
Kinaas C. Lawr. A So. 1st, 6a. 1909 5104 lJ4is
Kan. C. M. A B.-lst, 58, 1927. MAS J 99 >4 991s
"
'
'
^ JAJ
'
§12114 12Hi
K.0.8t.Jo8.AC.B.—M.
78,1907.
fej Jlv

K

BAILBOilD BOKOS.

31i« Jf. Y. Ijtkn Erie A
^N.A.*Chlo.-^«t,6«,1910. JAJ 120
We«t.-(Confd»
Con. toon. 68, 1»1«
AAO 102 >S 103
latoonB. M.,7s,K.,1930
MAS
Ind'ap. Div., rta gold. 1911. .FAA 107
Mew
2d
(MiiM. 6«, 10«IU
JAD
'86
96
Lo lBv.N.O.ATex.-lat,48,193tMAH
8<i>s
Collateral Tr. e«, 1923
MA!(>
88
2d mort.. Inc., 58, li)34
MAS 40
Fnnd.
58,1969
JAI>
22
19
Loulsv. South— 1 St 6«.g. 1 91 7. M. AS.
8d
88 <
l8t 0OD<. fund coap.,7*,1920 MAM
109>8
Ua p.e Cent.— Mort. 7s, 1898. ..JAJ 119 120
Reorganlzat'D lat Hen, 4o. 1900
"ii
E(ten. bonds, 6s, g., 1900,. .AAO 110 112
Gold laoome bondJi, 6a, 1977.
1 22
0«ns. 78,1912
AAO 131 131 1« Long Dock mort., 7a, 1493.
.JAD
116
§114
Anlriscog.A Ken., 6!<, 1tf»0-91.. 102 102 >s
do
con. g., 68. 1935 ..AAO
110
IahAh a Farin'gt'n, 6a, 1896mIAJ 110 111
NY.
AL
Br'ch— lat. 5s, 1931.JAD
} 98
Portl. A K..Con8. M., (!a. 'HS.AAO 107
104
N.Y. A .Vorth. -l»t g.5a,192V. AAO
lei's
Dibenture, Bs, 10-20n. 905. FAA 103
too
2d gold 18. 1927
Man^eaeh Imp..lim..7H,1909,MAJ<
N. y. N. H. A EI. 1 at r. 48. 1903 .JAD
liHh 125H Mak: S. W. Cl. R'y-lat. 58...I934
N.Y.Ont.AW. -l8t,g.,68,l914Sf*J
125
125>t Marietta Min.-lst. 6a, 1915. MAN § 91
98
N. Y. * N. Eng.-lal. 7a, 1906. JAJ
106
Har'taAN.Ga -let,«s,g.,ll»ll.JAJ
lat .M., 68, 1908
JAJ

.

Nodaway

BONDS_Oo»ni«tJ«D.

P«<« of (taol«tlon<.

t/8

8«,1908
MAS
FAA
2d mort., 7a, (?., 1895
88,1923 (extension)
JAD
102 14
Cons. 3d M. .5a, 1895
AAO
68, 1925 (Mary. A West.).
AAO
m.Ccut.— IstChl. A8pr.6s,'98.JAJ 115
Memph.A Chan.— latja, 1915.JAJ
l8t, K0ld,48, 1951
JAJ 10S>s 108%
2d mort., 78, extended, 1915.JAJ
Gold, 3«s8, 1951
95
JAJ 94
Istoonsol. 78, 1915
JAJ
Col. tr., cold, 4s, 1952
AAO lOlH
l8t, oons.. Tenn. Hen, 78, 1916 JAJ
Middle Uiv. reg. Ss, 1921. .. FAA 117
Gold, 6a, 1924
JAJ
108
BterlInK, 8. F., 58, )?., 1903.. AAO cl06
Matrop'n Elev.— Ist, 68, 1908, JAJ
112
Bterllnit, gen. M.,68, g., 1895. AAO ell >
2d 68, 1899
MAN
JADrlOS 110 Mexican Cent.— Ist, 4a, 1911.. JAJ
Bterlinic, 58.1905
Chlc.St.AN.O.-lBt con. 7s, 1897.1
Bond scrip
JAli
2d, Os, 1907
Inoomes, 38. 1911
Ten. lien, 7s, 1897
MAN!
Debenture lOs. 1895
AAO
JAPi 119
68.1951. (?old
Mexican Nat.— lat, 68, 1927. .JAD
102
Mem. Div.. ist 4s, g., 1951 JAD J
2d M.,Ser. A, lnc.,8s.l»I7...MA8
Ind. D. A W.— Gold,5s,l947...AAO
2d M., Ser. B,lnc.,68,1917.. April
50
2dm. inc. .'ia, 1943
JAJ
MloU. Cent.— Consol.,7B, 1902.MAM
105
Ind. Deo.ASp.— l8t,78,1906.A&0 lUOJ
Consol. 58, 1902
MAN
Ind'poUaASt.L— lst,78,1919.Var. 5114
Ist M. on Air Line, Sa, 1890.JAJ
^21
lud'apolisA Via.— l8t, 78,1908. FAA 116
Air Line, lat M., 8e, guar... MAN
2d mort.. 68, g., ituar.,1900.MAN 104
68, 1909
MAS
Int. A Gt. North. —l8t,68,1919.MAN 104% 105
5a, coup., 1931
MAS
2dcjap. 68. 1909
MA8 63% 65^ KalamazoGAS.H..l8t,88,'90.MAN
lonlaA Lansing— Ist 8s, '89. ..JAJ J100% 10li«
J.L.ASag.NorthExt..88,'90.MAN
Iowa Ont.— 1st g., 58, 1938.. JAD 89
891a
do
Con8.l9t.M.,88,'91.MAS
I'a Falls

A.VD

Plr»t

666

124
118
117

!

1

N.Y.ACan.-£M.,68,g.,1904.MAN
N.Y.C.A Hud.Riv.— Exl'dis. MAN
Mort., 78, coup., 1903

lis' Omaha*3t.L.-lst,4«.19J7..JAJ
1061s Ot»DgeB«lt-l8tM.,6s, 1007..JAJ
JAJ
Orog.ACal.-l»t6s.l937
137

s'lYlj

108

MAS 113
Debenture .58, 1904
128
BterUngmort., 68, g., 1903.. .JAJ «.23
OSis 98', OxfordAOIark.-ist,g«.l»i7.MA-<(

2d mortgage Income, 68
il.Y.AUarlem— 78,couii.,1900.MAN
N.Y. Laok.A W.-lst.es, 1921. JAJ

...-.

100

103

104
118>s 1191s Panama-Starl'g It. 78. «. •97.AAO «lo4
Babsldv bonds. Bog. Issue. 6a.... *100 103
30
1S1%
Peiui.Klt.-O«ii.M.8s.ep.,19l0Q-J
6
tf-M 1J4%|......
Cons, mort., 6s, 1908
129
OoUaMvl trost, iisa, 1913.. JAU
138>s
JAD
3s,
1919
Conaol.
1141s 116
Fsnn. Co., 6a, ww., 1907.. ..a--J
iioi^ iYi""
1931.J.U
**,**
j»..»-»^,
1SCIC,41«4,
A»fc
do
118
U9
Peaii.A N.Y.Caa.- ist. 7a, '96
llSiS

FAA
2nd, 58. guar., 19'.'3
1151s N. Y. Lake Erie A Weotern—
IstM, extended. 78, 1897. MAN
2d mort. extend.'cl,5s,1919.MA3
3d M. exten Iwl. 4143, 1923. .MAS
lOl"*
4th M.,exteuded.59, 192O..AAO1 1139g 129
1061s
9813
5th M.extojided, 48, 19i.-t.JADi 103

•Prices nominal; no late transaotlona.

60

^104% 105%
OregonATraaaooDt.-««.1922MAN 1034 104
08V.A8oiiie-lBt M.. 7s. 1918.M AN ,5 1 24

JAJ 133

N. Y.Chlo.A St. L.— 181,48,1937. AAO
N. Y. Elevated.— iBt, 78, 1906.JAJ
N. Y. A GreenWd L.- iBt M. luo. 6a

77% 79

no

'

{Poiohajer also pays accrued in :er*it.

da

,

lat mort., 7s, 1904
A.
BR. oou. &S. 1938
Pens.A Atlantic - 1st. 6». 19-- X.V^X,
I

A

Lonioo.

IJjupoaoX

*

In PnuikCoiV

F
J

F
.

656

chronicle.

'j:he

[Vol. XLVIII.

GENERAL QUOTATIONS OF STOCKS AND BONDS—Continued.
For Explanatloaa See Motea
Bajlboas bohbs.

CViis. 58, Ibl

series, 19i2... .M&N

rUla.Wil. ABalt.— 68, 1892. .A&O
A&O
68, 1000
J&D
68,1910
M&N
'ilusl certs. 48, 1922
J&D
Pine Creek- 6s, la32
Jfltt8b.C.&6t.]j.— l8t,7B,1900.F&A

103
106
133

of First Pase or Qaotatlona.

126

16
82

67%

67'.

Slienandoali Val. -l8t.78,1909. J&J
General mort., 68, 1921
A&O
Shreve. & Hous.— 1st. 66, gu., 1914
Sodus Bay& So.— lst,5s,g.,1924J&J
3o. Cen. (N.Y.)— Consol. mort., 58..
3o. Carolina— Ist M.,6s,1920.. A&O
2fl mort., 6s, 1931
J&J

iaPac.Cal.-l8t,68,g., 1905-12

93^ 93^8

So. Pac, N. M.— lat. 68, 1911 .J&J
Stat. lal.E.Tr.—lBt 6s,g., 1913.
2d mort guar. 5a, g., 1926... J&J
Steuben.
Ind., Ist 5e, 19 14.. J&J
Stock.
Ist, 5a, 1905. ..J&J

103

5102
Sir 9

I09I4
105",

iU5
102

So.

V.3
3J

A&O

Pac.Arlz.— l6t,6a,1909-10.J&J

A&O

&
& Cop—

40

47
45

;

Atlantic
.Augusta

&

Line ..100
100

Pacific

lOi..

& Savannah, leased ..
& Ohio

Baltimore

do
do
Parkersburg

Ist pref., 6
2d, pref

Beech Creek
do
Pref

99

Bell's

Gap

Boston

& So. 111.,
& Albany

liostou Cou.

prel

& Mont., pref

.

lO'J

100
10(

91% 92
3b% 39
1041s

110
102

do

do

Prel

Canada Southern

103
!>8

IO314 Canadian Pacific

78

oif.

«

3
138
la

175

105
4314

43%

90 14 62
106 108
0^ 6%,
1371*
13(J
89
85
121
122
103 112
3
32
a 28

100
IOC
50
50
50 « 43
1(0
100 214

2l.^

109% 110

100

50
100
100
50

Catawiasa
."^O
do
Ist pref
do
2dpref
50
100
Cedar Falls & Minnesota
100
109
Central of Georgia
123
Central Iowa, all as8e8m't8pd..l00
100
Central Maasachuaetts
do
pref... 100
100
Central of Now Jeraey
ICentralChio
50
Pref
50
do
100
Central Pacific
1173( Charlotte Col. & Aug
100
124
Chesap'ke & Ohio. Vot. Tr. cert. 1 00
do 1st pref. 100
do
Co
do 2dprtf.lOO
100
Cheshire, pref
100
Chicago & Alton
116
100
prof
do
114
Chicago & Atlantic Beneficiary
100
114
Cliicagci Burlington & North..
Chicago Burlington & Quiucy.-ioo
103' Chicago & East. Illinois
100
pref.. ..100
do
Chicago Milwaukee & St. Paul.lOo
pref., 7. loo
do
loo
Chicago & North Western
105
Pref., 7. .100
do
10712' Chicago Rock Island & Pac. ..100
100
106
Cliio. St. Louis* Pitts
pref
100
43
do
Chic, St. P. Minn. &Om.,coin..lOO
pref.. 100
107
do
100
Chicago & West Michigan
100
Gin. Hamilton & Dayton
110
Cin. Indlauap. St. Ijoiila & Chle.lOO
90
Cincinnati S. O. & Tex. Pac. ..100
100
50
Cin. Sandusky & Cleveland
100
Cin. Waehlngtou & Bait
"si"
pref.. 100
do
100
901s Cleveland Akron & Col

102% 105

I

i

St

Clev. Col. Cin.

98
100
25

9%

156

155

ISO's 181
1021s

260

259

iBoston Revere Beach& Lynn. .100 147 ij 148
40
37
Brooklyn Elevated., new
100
jBuflalo Rochester& Pittab
87%
100 87
do
pref
30
15
Burlington C. Rapida & North. . 100
71s 10
California Pacillc
llij 15
100
California Southern
15
50 s
Camden & Atlantic

110

108

914
2i«
lie
14

& Lowell
100
100
& Maine
& N. Y. Alr-Ijne, pref. .100
IBoaton A Providence
100

ioiu

'

Coupon

& Charlotte Air

At'an1a& West Point

55

,

|)

&c., preJ

Boston
Boston
Boston

.

In London

Atlanta

104
96
92

II

e

9

:

I

& Pac,

Belleville

146»i,

PurohaBer also pays accraed interest,

6e,pref..

com

do
do
def...
Albany & Suaqneh., Guar., 7...10(i
Atchiaon Topeka & Santa Fe..lO0

13Si«

'1

§

Liin., B,
Ala. N. O.

107Hi

102

South.- Um.,A.,

Ala. Gt.

116
105

,

DomlnaL

80

!•.

J112
136

......

Wiacon. Cent.Co.— l8t,38t937.J&J 5 9414 94i«
lucomes. non-cum., 5a, 1937
38% 39
Wore. Nash. & It.— 5s, 93-'95.Var. J104 106
105 1*
Nash. & Roch.. guar,. 5a, '94. A&O .105
97I2
Zane8.& Ohio R.—lsf ,6.^.1916. F&A
95
UAIIiROAD STOCKS. Par.

II5J4

.

" Price

94

Ask.

i'2i"'

.

Wllm.&No.— lat, 53, 1,407-27. J&l)
Wil.& Weldon— S. F.. 7a, g., '96. J&.J 117
Winona&S.W.— lst.6i.g..lsi28.A&0

93
45

United Co'sN.J.— Con8.,e8,'94.A&0 110
64I4
64
do
gen. 4s, 1923
F&A 106
Jticli'd & Allegli— Isi.Drex.ri culiits
Sterling mo«.,68, 1894
M&b el07
2d mort. 68, 1916, trust receipts. 30:<s 313h
do
68,1901
M&8 el2J
Eicb. &D1UIV.-C0U.. 68.1890.M&> 100
Cam. & Amb..mort., 6s, '89.M&N 101
General mort., 6a. 1915
J&J 118
A&O 1041.1 I04it Union PacificDebenture, 68, 1927
941, 94 H
ist, 68, g., 1896
J&J' II6I4
A&('
Con. gold, 58,1936
lat, 6s, 1897
J&J
Bloh. APeiersb., 68, 1916
M&^ 118 119
112
Ist,
68,
1898
&Ohts.,
ifc94
J&J 117
Bloh. YorkK.
latSe,
1st, 6a, 1899
J&.l 118%
2dmort., (a, 1900
M&K 1113 105
li
101%
llTift
S
nk.
P.,
101
8s,
1893
M&b
Moll. & West l't.Ter.,(s, 1897. F&A
95
Om. Bridge, 8terl.88,g.,'9a.A&0 ellS
Borne & CaiTolit.— 1st, es. g., IHlt
Womf *I)pc— 1st., fis. 1926.. .J&D
Collateral trust, 6s, 1908
J&J 106
Collateral trust, 58, 1907
J&D 95
BomeWat'n&O.—S.F.,78,1891 J&L io'jV
lti8
Kans.
Pao.,lst,
68, 1895
F&A 111
2d mort., 78, 18H2
J&J
111 112
do l8tM., 68, 1896
J&l. 112
CouKol.. extnded 5e, 1922.. A*(
do
Deu.
Ext., 6s,l»-99.M&N 114:
Nor.&M. -let gu.,g.,5s,19i6 A&O
do lstcon8.M.,6a,1919M&N
E.W.&O.Ter.-lst,KU..g.,5s,10if.
i'12"'
Oregon Short-L., 68. 1922 .. F&A 1131s
Batlanu— IstM., 6s, 1902....M&^
U.P. Liu. & Col., lat.g.,5s'18A&0 IOOI4
•.ulTvniont. 2d 5s, 1>98
F^NA 510014 lOOis
XUo. & Gr. Isl'd—l8t,guar.68,1925. 105* 106% Utah Cen.—istM., 6s, g.,1890.J&J 102
50
UtahSo.,gen., 7s, 1909.... J&J
2d mort.. Incomes, 58, 1925
88
do Ext,l8t,7s,l»09J&J
Kali. c. <i uui. 1st 5a. 1927. .J&.7
Utah & Nor.— Gold 5, 1926.. J&J
BtL.Alt.&T.H.— Ist M., 7s, '94.J&J 113ii
2d mort., pref.. 7a,1894.... F&A l<'8^ "116 Utloa ABl'k R.— Mort., 78, •91.J&,I 5103
Valley o£ Oliio— Cou. 6s, 1921. M&S
2d Income, 78, 1894
M&> lOiH
40
Ver. & Mass.— Guar. Ss, 1903 M&> 5107'
Dlv. bonda, 1894
Vicksb. & Mer.— Ist, 68, 1921. A&O 104 12
BeUev.&S.Ill.,lat,S.F.88.'96.A&<> 114
Bellev.& C,ir.. 1st 6s, 1923.. J&D 109
2d, 68, 1921
M&N 40
100
3d, Income, 7s, 1921
CbSt.l-.&rad.,let,g., fs, 1917.
PM.. K. ivi... isr. 4s. l!)31..M&S 80
Vicksl). Sli. & Pac. -Prior lien, 6s. el05
saij 84
Va.MIdland— 1st 8er.,6e,1906.M&S 117
et. I* Ark. & Xex. 1st 6s,1936.M&^
^oH 27
..F&A
2d8erlea, 6a, 1911
M&S 116
Zki lii(.ri.. tvb, JL;'36
29
3d series, 68,1916
Bt.L.&Cbic.— lstcon.<'8,19i7.J&J
M&S- 108
80
109
4th series, 3-4-5s, 1921
M&S 99ii
Bt. L. & Jror Mt.— lsT.7s,'92. F&A 107
106
108
5th
series,
M&N
58,
2d mort., 78, g., 1897
1926
M&S
109
Incomes, cumnl., 6s, 1927... J&J
Atk. Br. 1. gr., M., 78, g., '95.J&D 108
General Ss, 1936
Cairo Ark. &T.,lst,78,g.,'97.J&D 107
M.iN "si"
8G12
do
guar
Cairo & Ful. 1 8t,l,g.,78,g.,'91 .J&J 103% 104
85
86
Wab.St.D.&
P.- l8t,ex.,7s,'90.F&A 1191s
Oen. con. r'y & 1. g., 58,1931A&0
97
Mort., 7s, 1879-1909. Fr.rec. A&O
8:.I..&e.Fr.— 2dcl.A.6s,lU0ti.M&^ 116
99I4
2d m. 78, ext. 1893, Tr. rcC.M&N
WM., 6s, class B, 1906
M&> llfci^ 118
Equipment 78, 1883
2d M., €8. class C, 1906....M&> 116
M&N
105
Gen., 68, 1920, Tr. rec
Kan.O. &8w.,lst,68,K.,1916..J&J
J&D 45
Chic Dlv., 5s, 1910 Tr. no.. J&J
Pierre C. & O. Ist. 6s
F&A li)5
105
Detroit Dlv., 68, 1921 Tr. rec.J&J ivoii
qui] nient7e. 1895
J&D
121
t6s
Con8.mort..78,1907,couvert.O—
General mort.. Ks, 1931
J&J
106
lOS
l8t, St.L. div.,78, 1889
Generul mi rt.,5s. IhSl
F&A 1181s
J&J
iBt tnist, g.. 5h, 1987
Gt. West., 111., 1st, 7s, '88
F&A 11912
AAO
99 S
do
Ft.8.& V.H.Bd.,l8t,68,1910.A&0
2d, 7s, '93, r.reo.M&N
i3t.L.K.&So.W. -Ist 68, 1916M&S
Q'noy & Tol., Ist, 7a, lsyo,Tr.rec.
Kan. Mid., 1st, 4b, 1937
Han. & Nap. 1 st, 7e, 1 909,Tr. rec.
J&D
m.& 8.1a.,lst, 68. 1912, Tr. rec. 100
1 rust bonds, Cs, 1920
F&A tiVii,
6t. L. W. & W., 68, 1919
8t.L.K.C.&N. (r.e8t.&R.),7s.M&fc
M&S U12H
S6X.Tand.&T.H.-l8tM.,78,'97.J&J 117
do No. Mo., 1st, 1895...J&,1 11614
2d mort., 7b, 1898
do St. CUa's Bridge 68, 190tM&N 106%
2d, 78, fiUar., 1898
Warren (N.J.)— 2d, 78, 1900 ..A&O 121
M&N lOS"!
Bt P. ADulutb— lat, 5a,1931.F&A 112
West Chester— Con. 7s, 1891. .A&O 105%
2d ni.rt., 5s. 1917
A&O 1041* ios W. Jersey & At. Ist M..66l910M&t- 107
Bt.P.Miun.& Man.— Ist 78,1909 J&J 115
West Jersey— let, 6a, 1896
j&J 113
lid 6s, 1909
lat mort., 78, 1899
A&O 120
A&0 123
E«k. Ext.. 68. 1910
11936
Con80l. 6s, 1 909
M&N
M&N
l8t etnsol 6s. Iii33
J&J iiSJii 1201s West Shore— Guar. 48, 2361. .J&J i07i^
flo
reduced to 4'iis .J&J lti2
WeslVaC.&Pitts.— lBt.6s,i911J&J 109
Collat. tr.. g 5s, 1898
F&A 9i>% i99 West'n Ala.— 2d, 88, guar.'90.A&0 102
Minn's U'n, 1st. 68, 1922 ....J&J
WeBt.Maryl'd- 3d en. ,68, 1900. JAJ 11914
Montana E»i., 1st, 48, 1937. J&U 9114 "giij West..V.Y.&Peim— lst..='S.1937J&J
9b -'e
Montana Cenl.— Ist. t a, 1937J&J 3151, 115%
A&O 37i«
'.'d m.,3s g.— oesc. 1927
102i,(
East'u,MiLn..Ist,K.,58,lfe0?.A&O §101
Warren & Irai.k., l8t,7s,'96F&A 113%
»«nAnt.& A.PaKs..l8t.»)s,1916.j&J
W'nNo.Caiolina-lnt,78,lb90.M&N 101
8d
flo
lst.*s.in9fi..i.t.T
r<w>siil. (is. 1H14
nni-'
.;&.!
10

—

113

.'0

Tol.Peoria&W.— l8t.48.1917....J&J
Tol. 8t.L.&K.C.,lst,6s,1916...J&D

S

110
117
116

110

106
107
111
103
108

Bid.

West'nPenn.— lstM.,68, '93..A&0 104
Pitts. Br., IstM.. 68, '96
J&J 110
Registered Ss, 1923
J&D
Gold 4s. 1928
J&D 98
Wheeling* L. Erie— lst,.«i8,... 1926 103
Wilm. Col. & Aug., 6s, 1910 J&U 120

9.1

8anb.Haz.&W-B.— l6t,5s,1928M&N
2d mort., 6s, 1938
M&N
Sunb. & Lowistown, 7s, 1896.. J&J II7I2

i^

BArLROAS Bunds.

100

40
C3

55

5I1

lncome68, 1931

53%

119
Susp. B. & Erie June— 1st 78, 1900
Plttsb.Cl.&Tol.— Ist.ds, 1922.A&0 107
Plttsb.&Con'Uav.— l8tM.7s,'98.J.feJ 116>4 il7i« Syr.Blng.&N.Y.—conaol.78.'06A&0
132
Terre II. & Ind.- l6t,7s, 18S13 A&O
Sterling cons. M. 68,g.,guar.J&J el30
Ci nsol. mort., 5s, 1925
Plttsb.Fi.W. &C.-l8t,7s,1912 Var 150
J&J
Terre H. & Log'pt.— lsr,gu.,63 J&J
J&J 145
2d mort., 7s, 1912
1st
and;:d,
6s,
1912
A&O
1913
mort.,
7s,
J&J
3d
Cex. Cent.— let,ek.fd.,7s,1909M&N
Pittsb. June. 1st 6s, 1922
J&J 109
106 >s
Ist mort., 78, 1911
Pitlsb.&Lnlie E.-2d,58, 1928 ....
M&N
Texas & New Orleans— l8t,7s. F&A
Ptttsb. MeK.& Y.— l6t,6s,1932.J&J 113
99 "« 100
Sabine Dlv., lat, 68. 1912. ..M&S
Pltt8.Pain.&F.— l8t,g..cs,1916J&J
80% 87% Tax. & P.-Ea8t.D.lst6s,1905.M&S
Pittsb. & West.— 18T, 4s. 1917. J&J
gold, 6s, 2tOO
1st
J&D
Pitts. Y. & Asli.- lst,5e,l!>27.M&N
2d gold inc., 5s, 2000
Mch
Asbtaliula & Pitts.— 1 si 6s. 19U8. 109
S116
117
Tol.A.Ar.&N.M.l8t.6e,1924.M&N
Portl'nd&Ogb'g— l8t6s,e.,1900J&J
Pol. A. A.&Gr.T.— lst,68.1921.J&J
POTtRoyal& Aug.— l8t,6s, '99.J&J 106 108
Tol. A. A.&M.P.— let,6s,1916.M&S
J&J 40
Incoiue mort., 6s, 1899
Ports.Gt. F. &Cin.-4 V, lfl:i7.J&D 1021s 102% rol. A. A.&CaJ.— l6t,6.s,1917.M&f
90
Tol. & Ohio Cent.— Ist, 5s, gu.l93.'i
Pres. &Ariz.C.— l8tg.68,1916.J&J

J&J
2d Inc. 68, 1916
Prov.& Worces.— 1st f8,1897.A&0
Bon.&S'toga— 18178,1921 cou.M&JJ

Ask.

Bid.

San F.&N.P.-l8t,5B,g., 1919.. .J&J
Sandusky Manaf.&N.— Ist, 78,1909) ^116
lav. Fl. & W.— 1st, es, 1934. .A&O 108
At. & Gulf, con. 78, 1897 ....J&J 116
Bo. Ga. & Fla.— let, 78,1899.M&N 116
2d, 7a, 1899
M&N 112
leaboard & Roan.— 68, 1916. .F&A 106
58, coup., 1926
J&J 106
3eat.L.S.&E.— lst,gold,fi8,'31.F&A
S Jloto Val.— lst,7s, s.f. Tr. rec.J&J i'0'3
2d mort., 7s, s. f. Tr. rec
A&O 75
Consol. 78, 1910
J&J 75
Sham. 8un.& Lew.— Ist, 58,'12M&N
8ham.V.& Potts.— 78, cou. 1901J &J 12713
II

lOO^f 100 »i

Deferred income 6s
iBtintf. inc., 58, gold, 1958....
2d iiref. inc., 58, gold, 1958. ...F
Sdpref. inc., £8, f;old, 1958. ...F
Sdpref., inc.,conT«rtil)le
JiSJ
Mew gen. mort., 48, 1958
Coal& I., guar.,78,'92,ex-cp.M&S:

110

Head

Bailroad Boin>s

Ask.

Bid.

Peo. Deo. & Ev.— lat, 68, 1920 J&J lOBij
M&N 72
2d mortgage, 58, 1 926
EvanBville Dlv.,l8t 63,1920.M&S 106
Peo.cfePckliiUr.-l»t,68,1921.Q-F 110
MAN 69
2aiaort.4k8, 1921
Perjuomeu— IBi ser. 5s, 1918 ft-J 105
CJ.—
Sdseiies 68,1918
Petersburg -Cla88 A, 58, 1926. J&J lf8
A&O 105
Class B, 6s, 1926
Plilla.&E.-aen.guar.,68,g.,'20.J&J el31
A&O 1131*
5a,
1920
General
A&O 101
General 4s. 1920
120
"s,
1897..A&0
&Eiic—
let,
Sunb.
Phila. & Read'g— Ist, 68, 1910.J&J
111
AJiO
rZd, 78,1893
CoDFinl.M..78.1911,reg.&cp.J&r 137
J&l 124'2
Ck>nsol. mort., 68, 1911
Improvement mort., 6a, '97. A&O lOl

at

.Cleveland

&

&

Indianapolis. .100

Canton
do

»

35

5218
5.5 ij

« 121s
»
s

39
521a
55%.
14

60
4
122

121
12
23
97ie

45
55
35 14
47
17 '4

58
32

12i»
24
971a
48

36%.

49
173+
59
33 14.

191

101 la

133
161

iei"

538
521s
991*

43
97

68H

6
53
99 3»
431a
971a
688»

IIOI4
108»s 108 'a
1411s 141^

110

95 '6

96ie.

17

18

39

40

3638

35 •'9

97

97ifl

33
971s 100
32I4

107% I08ia
60 14
24>s

H

65
25

^8

IH

1%

a 31ii

3214,

68
71,

69
71»

29
28
do
50 168
jClev. & Pittsburgh, guar., 7
190"'
185
60
50
Columbus & Xenia, guar., 8
1714 1S>A
100
loi'^s Col. Hock. Val. & Tol
10
127
lOo
Columbia & GreMuville,prer
22
21
97"4 jCol. fepringl. & Cin
50
136
134
50
iConcord
155
IConcord & Port8iuoutli,guar.,7 100 145
300 113 114.
.Connecticut & Pasaumpaic
198
100 196
102
Connecticut Kivor
43 13 44
100
Cousol. of Vermont, pref
30
29
ll
Current River
80
Dayton & Michigau, guar., 31$.. SO 72 160
Pref., guar., 8.50 loSij
do
160
100
Delaware A Bound Brook
14018
50 140
Delaware Lack. & Western
16% 17 14
lOo
Denv. & Bio Gr
47 1«
Itiis
pret.lOO
do
do
Denver & Rio Grande Western .100
231a
23
Denv. T. & Ft. W., voting cert. 100
3
6
100
Des Moines A Fort Dodge
25
Pref. .100
do
do
1071s
SO
Det. Hillsdale & Southwest.... 100
110
25
Del. Lauaiug & Nortlieru, com .10<J
5910 60
Prof. 100
do
120
do
8I4
71,
9914 Duluth So. Sh. A Atl
20
18
Prof
do
38
100
9%
EaatTenu. Va. A Ga. Ry
7l'»
74
lO'ils
iBi pref.. 100
do
do
241*
24
2dpret...l00
do
do
92
« In Amsierddu.
Price per share. 1 In Frankfort.
i

Pref..

.
.

Mat

.

THE CHRONICLli

18, 1889.]

GHN'SRAL. QU0TATI0M3
Por aKpl»n«tlon« H»»
Railroad Stocks,

I
r

Wh

Galv,

tico;ifiii

iSanAn..

PiielBc

Ga. Klt.vt B'kKCo.lOO
Gr. KtiiiUlaA Ind

Gr.B. W.&S^P...100
do
ITef. ..100
Har.Por.Mt.J.AL..50
Hons. & Xex.Cont. 100
Haiitliip. & Hr.Top.SO
do
Pref.50
Illinois Central...

100

do le;MC(J1..4p.c.lOO
Iowa Centriil
100
do
Pref.lOO
Jeft.M.&Ind.,l'd.lOO
Kanawha & Ohio
do
1st prof.
do
2il pi-flf
Kan.C.Ft.S.AMein.lOO
Kan.C.I't.S.&G.pf.lOO
Kan.C.Meiii.A liir.liiO
Kau.C.Ol'n & Sp'd.lOO
Kan. City & Omaha..

Kentuiky Uont
100
Keokuk dc DcsM..l(0
do

pret..l0<)

KeoVnk & West'n.. 100
Klngsfn&Pembr'keSO
Lake Erie & W....100
do

Pref.lOO

L. 8h. &Mloh.8o..lOO
LelilKh Valley
50
Little Miami
60
Little Schu'k'l
50

Long Island

50

Lou. Evans.&Srt. L.lOO
do.
Pref.lOO
Lonlsv. & NasUv.-lOO
Loni.iv.N.A.iChic.100
Mahoning Coal RR.50
do
Pref .60
Maine Central
100
Man. A Law'ce
100

Manhattan, con... 100
Marq. H. &Ont.. .100
do
Pref.. 100
Ma-.'-awippi
loO
Meniph.* Chart
25
Mexican Central ..100
MexJean Nat., fr. rec.
Mex. Nat. Conslr. Co.
Michigan Cent.... 100
Midland of New Jersey
MU, Lake 8, &W..100
do
pref. 100
iUIwankee A No. .100

Mine

Hill

Minneap.
ao

4

8. H....,50
dc 8t, L..100

Pref... 100
Mlssiss. &Tcnn..
Mlseo'l Kan.A Tex.lOO

45

1514

66

6d)i Amsr.

Pref.. .10
do
Pil ts. Youngs. AAnh. 50

Ask.

HlSOSLLAHKOOI.

16

Bank NoteOo..
Am. Con.A Orod. Oo.
.

I

Amnr. Cotton Oil trusts
Laud. ...10
ud
10
Iter Power..

163

I

r

24
42

»

45
j

m

I

1241,

Bruukilue (.Mass.lL'dS
Itraoswick Co
'OantOD Oo. (Bait.). 100

A
Cattle Trust
Gt.F.A Con.lOu '75" ho" Oontlnont'l Cin.Almp.
K4ns. A Saratoga.. 100 190
195
Oav. A CIn. Bridge, pt.
Rch.A Alleg., cert..
6^
16
171a East Boston Ijiuid. ...
Rioh. F. A P.,oom-100 117
125 'French»ian'» Bay Li.
95
Richmond A P'b'g.lOO 110 112
Rendersou Bridge Co.
25!>8 26
10
Rich. A West Point 00
12
Keeley Motor
20 V,
do Pref.. ..100
821a 8314 L'n.feed Oil Trust
Richmond YorkR.AO. 90
48
i.Manh'tt'n B'ch Co.luo
114
116
RimeW. AOgd...l00 99 101 iMaverIck Land
10
41»
97 100
Ritland
100
5
iUazwell Linl Grant..
9>»
39 >i 40
do
Pref., 7. .100
1U>4
Ht. Des. A E.8, Laud 5.
23
at. Jos.A G'd Isl'd.lOO
25
Nat. I-ead Trust
'45'
70
8 .LoulsAlt.AT.H.lOO "40
75
.V.£.Mtg.Seour.lBost..
do
Pref.lOO 90
I's
V. Y. Loan A (inpr't...
4i« '"a" Oregon Improvement.
8',. L. Ark.A TexaslOO
7
2^
St. Louis A Chicago.
4
do
pref
100
7ft
-<5\
do.
pref
2i
Oregon Ry.A N.Co.lOO
l.SSia 13t>is St. L. Van. A r. H
5
Paoitlc .M.iii S3. Co.lOO
22
23
51
8 iMxxia A San Fr.lOO
PhUadel. Co. Nat. Gas.
53
6i)i.j Pipe LIufl Certitluates.
do Pfef....lO0 59
30
do Istpref.lOO 109 110
PuUni'n Palace Car 100
30
8 % Paul A Duluth 1 00 31ia 33
dan Dii'go I, ami
45
82
87
3
do
Pref.lOO
3t.Loiiis BMge.lstpref
10
103
3t. P.Miun. A Man.lOO 102
25
2d pref. cortillcatos.
8iloto Valley
5
10
20
50
40
3t Louis Tunnel KR..
lab'd
RuanokolOO
3i)"i!
31
8
A
''8t. Louis Transfer Co.
IS
2 la
31a Standard Oil Trust....
18% Snith Carolina. ...100
Southern
24
59
Pac. Co.. 100
iSusar Ketliierlfs Oo
59 Hi
231a
Onion Ferry Co... 100
103 >« 103=8 3'w68t.,Oa.,g'd,7.100 t2i« 130
8I4 UniouSfk Yds.ATr.Co
8
s 53''8 53% jum-jiit Branoh,Pa.50
5;i08
Wagner PalaceCarCo.
.•iunburj'A Lewi8t..50
18l>s 182
70
Terre H. A Ind'nap..50
'WcitKud LandiBost.)
93% 9ih Texas A PaciHo ... 100 2U%I 21
COAL & niNINU
18
15
Tex.Pao.Land Tr't 100
18
STOCKS, N.y.
16
25
2SI4I 2JI4 American Coal Co. .25
rol. Ann Arbor AN. M
26
6759 67''8 Tol. A Ohio Cenfl.lOO
31
Oa'iaba Coal
9
lOj
53
Cameron IronACoaloO
do
Pref.lOO
4kihi 46
16
Colorado Coal A 1. 100
Tol. Peor. A Western.
14
42
14
Col. AHock.lOO.CAI
10
105>i 1071a Tol.St.L.AK.CIty..lOO
33
119 120
Consoi.Coalof .Md.lOO
do
pref.. 100
31
Homestake Min'g.lOO
213 215
a. N.J.RR AC. Co.lOO <223><
JnlonPaclflo
98
100
601a 60% Lehiuh A Wiikesb.Coal
9.>>s
.M«rahall Cons. Coal..
12
ntah Central
100
14
100
Maryland Coat
iTticaABlackRlv.lOO 123
93
Minn. Iron Co
100
Vc.A .Mas.s.,rsed,6.100 1301a 131
3i
Sew Central Coal 100
65
Virginia Midland 100
3J
65
13
VSH VabashSt.UAPac.lOO 1508 16 S.Y.A Perry C. A 1.100
2938 Ontario an. Min'g.lOO
5
Pref.lOO
do
^M
Pennsylvania Coal. 50
24
Warr'n(N.J.),l'8'd,7.50
1i<^
87
W. End pref. (Bjs.) 50 "siH 'si'i Quicksilver Min'g.lOO
66i«
do
nref.lOO
30
Jersey
50
Vest
49% Tann.CoalAIronColoO
92
Vest Jersey A Atl... 51)
94
15
do
pref. 100
115 lis
A'nst^rn Alaryland.ftO
12
White ir'st Ficli Co.lOO
25
West. N.Y.A Penn. 100
65
71
Wlieel.A L E.pref. 100 "65% 66K1 Wyoming Val.Coal.lOO
iHXeuHSHt ST'VtLS
5
Yll. Columbia A A.l 00 108
6
Adams
100
11
iVUm. A Woldon, 7.100 120
13
Imerioan
100
17^8
92
Wisconsin Central 100
United
St.ites
100
40
11% 12%
10
Pref.lOO
Wells, Fargo A Co. 100
72', 7.a^i Wor.Nash.A Roch.lOO 120
"l5
193
S

P

199
8
7
18

I

)rt8.

I

.

I

.

-,.

.

'

'

i

.

r

I

M

I

9m

.

. .

j

r

16%'

39%l

TELEUKAPU

Amorieau
American

45I4 4536
Pref.lOO 115
1131c

F.Y.N H.&Hartf.lOO 245
N. Y.

&

Nurtliern,prcf

H.Y.Ont.dj West. .100
H. Y. Penn. <St Ohio ...
N.Y.Phil. A Norf, 100

N. Y. Prov. & Bosfon.
N.Y.8usq.& WesfnlOO
dcf
Pref.lOO
H.Y. West Shore &B..
Norf.&West,, com. 100
do
pref. 100
no. Pennsylvania.. 50
Northern Central... 50
North'n N. Hamp.lOO
Horth'n Pac., com 100
do
Pref.lOO
_
Worw.it Worcester, lot'

821a
107'*

.Atlantic

Di.itrii5t..

A Cable
PaciHo ....
So. Am. Cable
Tol.

A

e%

*H

23
48

AtlaDtio
100
Brooklvn min...IOO
5«'g Oentral...
too
Farmxra' Loan * Tr.3«
8
Kr.tnklla
100
lloll ili.I
7
lull
5
32 la '.
I

M'

4914

19

33
175

8%
7»i

7
214
19>i

1-75

100 141

A Ind.. 100

Union
Uoltodatate*

UK) 63 \
100 090

* BB'KLTIV
HOBS8
BHS.

N.T.

I8ee Local

SeeurUUttn

CiIiiuxiChE eiuh w'k,
exeapl third of month)

OAS STOi.-KS.
63
Bait. <;onsol. Gas, Hiw
91
East Boston ....
35
86>« 83
South Boston ....100
86
361a BrookllDe, Mass. 100
74
Cambridge, Mass.. 100'
Vl'ii Chelsea, Mass
81
lOO
185 136% Jamaica Pl'n,Ua8slOOi
24 •« 25
Lawrence, Mass. ..100
el09 112
Lowell
lool
55
e53
Lynn, Mass.,0. L..100
HI .Maid. A Melrose. ..100
<108
70
731a NewMnA Wat'n ..100
167 169 <a Salem, Mass
100
90it 91
Brooklyn, L. 1
25
160
Oitiznus'. Brooklyn. 30
109
Fulton Municipal. 100
121 125
Metropol., B'kiyn.lOO
37>4 Nassau, Brooklyn ..25
27
51
89

. .

60

75

3319
231a
13

34
2i
20
26

25
71a
2713

13
8
'34i«

2J4
6
33
37
98
100
149
114
85
111

110

103
115

U

.5

%

in

Y. Onar.

2h

22 ig
UO

ago

Y.UfeATriut.lOO soo' 6»i"

20 «

23
88
5U

iiw,

IN.

43
10

IfliX

304
139

Itl.

«\
3A

20)

..100 300

..

IWassaii

4

117

876
694
600
201

115

,Mercanlllu
Metropollton.

83
310

43
40

48%

40%

i'o'i

ib«"

180
114
159
145 >a
314
ISO
103 >a
160

185
IIS
t«l

14«
lis
t5ft

109
les
113>t ll»

104i«

67

"iiT

120 123
87
80
110
"73"
People's, Brooklyn. 10
71
WIlUamsb'R, B'klyn ,50 113 131
Charlest'n,8.0. ,Ga8.35
32
Chicago Gas Trast....
533\B
Cincinnati O. A Coke
2151a 316>a
26
Hartford, Ct., O. L.35
Jersey O.A Hobok'nSO 170
60
People's, Jersey 0.,
133 139
Loaisrllle O. L

9

M'-mpliis Gas
42>a 60
Central of N. Y
60 65
16
80 "ooi*
Couaolldated. N.Y.IOO
671a Equitable. N. Y...100 118
131
10
Mutual of N.T....IOOI 103%

9a9, pref....
33" Standard
N. Orleans G. L.
100
. .

80

»7% 98%

Pittsburg Gas Co.. .50' 62
Portland, Mo., G. L.60

7

39

3t.

3/>a Laclede, St. Louis. 100
San Franolseo Oas'....

Wash'ton CltrO. L.20

50

96"

LoulsOasTmst. 100

luO

61 ««
48*ft

niNINO STOCK&}

151
115
86
144

(N. Y.

A SAN. FBAN.)

Adams Cons
Amador

,

American Flag
Alloe

23

37

85I4

Alta Montana
87 14 Astoria...,

60

53

100

Barcelona.
Basslek...
Belle Isle

I

iFranklln
'Gold A Stock
1

250

20

22

16%

le's

12
8

8>4

32

3238

2

•0«

I

ELECTRIC
LIGHT STOCKS

>(<
Hirmlug. Equip. C0.69 luii'i 104
52 12 O^habaCoal,tst,7s,'07 112
"il-i
10
9638
Anglo Am E L.Mfg.lO
85i4i|Uhi«.fi.U*C.lBt,59,'37
85
I
65
93
Brush, Bait
100
761* 76%'|Col.CoalA£r.m— Ist.Os
I
40
3J
103
Light.
Kloo.
I'X)
ilBru.ih
102%
144
145 I'Eq. G.AF. Cliic. l«t,6!.
83
Brush lUumiuat'g 100 75
25>< 25%'! liickens'k Wat. Ist.Sc 103 >«
73
70
100
lOousolldatel
611a 61%' Hend'uBrldge69,l931 109 1*
46
83
Daft K'HC. Li<ht .100
Iron Steamboat Co. 68 '88
178
180
tiO
70
100
Power.
891a
Oaf
t
Klec.
'4
Ogd. A L. Clmmp.KK)
MdXwMlL.U.priorl.,6s
5
7
300
190
lOJ
2J>a 30is''Edlson
Ohio Ind. <& West.. 100
Income
9S
90
[|Et1isunIllumluat..lOO
Ohio AMiss
Or. Imp., 1st, 6s. 1910 1UJ3^'
100 "22i» 23
30
Oreg.R.AN.l8t.69,JAJ ll.i7g 112>« Jullen KlectrlcOo.
do
85
8 .
Pref.lOO
„
16
"ii
Do Traation Co
OHIO Southern
12
14
Con. 59 1925 J.AU.. lU^iji
100
Spanish- Amer. L A P.
Old Colony
loO 174 I7119 Ocean 83.Co.,latgu»r. 102 lOl
73"
"ib
Jlot.100
.Spragu.Elec.
Ojiahn&St. L
5ie .
..I Peo'sG.A.C.Chic.2d.68
100
103% 10 it rh'):u.-II. Eiec.Co. .2i 86% 87%
..I Phila. Co. 1st, 8. f., 6s.
I4I4
do
pref. 100
Tuom.-U. Iuteraat.lOJ 123
Oregon Shon Line loo 411a 44 "^ Poughk'9leB'ge,l8t,6j. 95iai
pref. 100 101 102%
do
Oregon Trans-CntlOO
35 14 3438 at. i.. Bridge A Tun—
19
18
riiom.-Uou«.s -rVoeloi
141
Fennsylvania RR. .50 » 5278 53
1st, 78, g, 19 28..AAO el37
94% CarOouCo ,pref. lOJi \%S
94
Fensaoola A Atlantic
6
51a Tenu.C.AV.— T nn U.6s
76
3
97i«ll
330
lOOj
Wa.d'ngCo
97%
Peoria Deo. A EV..100
Bir. Dlv. l.st.68, 1917
23 >i 25
62
60
U.S. Electric C J.. 100
Petersburg
Whlteb'st Fuel-O., 6s| 1041a:
58
60
loo
55
6)
Illumluat.Co.l0O|
[U.S.
Phlla. AKrie
Wyo. Val. Coal Ist 6s.]
50 I 29
60
Wesilugliouaa El. L.5J 55
rhlU Germ. A Nor.. 50 «12T
General 6s
• la London.
pays
aoorued
lotrrrM.
also
§FarcIiaser
Price ni mlual; nu )Hte transaououa.
'

171a

EICrl.Hto

Eureka Oonsol.... lOo
Father De Smet .. 100
Franklin (eoppcr)

I

iFre-Uad

IHaleANorcroas. .100
iUiilyoka

Horn surer.
'Iron Silver
I

I

I

,

I

I

am

Iron

'

.

M

lOoaldACurrr B..100

.

'

* Tnu(.loo

43
00

;

28 13

70

S.Y.&N.Englaud.lOO
do

7%

Bid.

00««

143
Cent. A
14
Oommerclal Tel. Co
loo
33
Beit A Belcher
35
100
1481a
Bodle
100
100 95
1101*
Breeoe
Mexican
100 216
113%
'^Mutual Union 68...... 102 14 loi' Brunswick.
Conv6a,g.rg.'94NfA.'3 109
114i»
Bulwer
100
N'wesi., 7n. 1904 .JAJ
68,g.,cp.Arg..'97JAD 111
60
Caledonia B. H....IOU
Pdoldi) A Atlantic...
Co«8.!9.,19ll 7sJAD 130
Carm'tAHecla(oopp°rl
Postal T. Cable, new.
Gre'n.Tr.7s,'92.1'AA
Cashier
South'nA Atluntlo.25 80
Iveh.C.AN., 4141. 1924 iboii
86i<
Castle Creek...
Western Union
100
Penn.— 6s, coup., 1910 77
Cleveland Tla..
78, 1900, M. AN.... 115^8
H)iia]l04\
Colobis
Collat. trust, 59...
CANAL STOCKS,
OaUfomla. 100
Consol.
TBLBPIIO.'VB.
Chesapeake A Del.. 50
American Bull
100 235% 234% iCoo. Imperial
Del. A Hudson
100 139
160
60
L Chrysolite
LW
Amerluau
Speaking...
5."1h
I>ehli|^h Navigation.. 50
100
33% 33 V ClioUar
Erie
100 8 so
Morns, guar., 4
47 » Consol. PaciHo.... 100
42%
River
Uudsou
«194
do pf.,guar.l0..100
100
60c. 700. Crown Point.
Mexican
.msiC' L L. A N EO tJ8
80
Ussdwood
78
In. Y. a New Jersey...
B0\0««.
Con...
48
City
Denver
47
New Euglauil
Amer. Bdl I'ol. 7s,'98. 1I3>< L14
51
Dunkin
50
luutheru, N. Eagland.
Ani.Wat'rW.Co.,l8t,«« 110
260. 30o. Eastern Oregon
93
Tropical
10
l<t,oon..5s,l9J7.JAJ

.

2838

MlSOILLAKBOOI.

Am. I>mn
41

40

!

K.Y.C'h.<Sj8t.[>.newloO
I6V1
do
Ist prcf. 100
68
do
2d pref 100 38
K. Y. & Harlem
50 2J()ia
N.Y.Lack.di West. ..100 111

Ask,

TBVNT

1

CANAL

Bf.Y.L.ErieA West. 100
tlo
Pref.lOO
_

But.

.'aUO«LLANBOU«
MTOCKM.

I

'ort.8aoo APorts.lsd 6
nrt Royal
Augusta

Mleaouri Pacific. . 100
Mobile AOhio
10>2 III4
100
Murgau's La.<&Tex.l00 121
BONDS.
WorriH .fcE'x, gu.,7.50
Clies.ADel.-lst, '•s.'lO
"94"
Nashv.Chat.A St. L.25
Del. All.— 78,'91..TAJ
95
Nashua & Lowell. 100 185 187
Istext., 1891.. MAN
N'9<iuehonin.i! Vall'ySO
5438'
Conn. 78. 1894. AAO
»ew Jersey* N.Y.ICO
1
5
1st Pa.D.cp.,7s,MA8
N. News & .Mi.-is.Val.Co
Ilia 121a I>ehi<n Nav.- 4isfl.'14
N.Y.Cent.cfe H.Riv.lOO 107
l07^!
RR. 6s, reg.,'97.Q-F,
.

STOCKS AITD BONDS-OoXTrwaBO.
of Flr«t P»«a ar gaof n«>w<.

Bid.

I

667

HaX

A Read. cert. 50
A Trenton .100
Pblla. WIlm.A Kaie.50
<»ltt8. CIn. A at. L..60
Pitts. A CouncU'u..50
Pltts.Pt. W. A Ciniar.?
Piits. MeK. Ar V0U..50
Pitta. A Western. ..50
f'hila.
Piilla.

.

Off

!<ote« at

HISOBLLAHBOUI.

Ask.

B>d.

East PpiinsTlvanla.ftO i 56
"'
85
Eastern (MaHR.).. 100 84
do
rrcf. 100 123 >< 125
107 »a
Eastern In N. H. 100 107
li
14
KlU. I^x. ABIk fl.lOO
Elailra<& Winsp't fto
Prcf
rto
63
60
j;v8ii8vllle A T. H. 50
95
69
Fltohburg, Pref....lOO
do
Pr*f..lOO
9u>s 07
riiir.

.

.

I

30

Klng4.APombr'ke Iron
10
LMrusae
L«idvllleCua*ol....lO
Lee Basin
80
Little Chief

'-*"«

Little Pitts

A ailr.lOO
M A .U.

Msxioau a.
.Mo:io

Monitor

M ul'.on
Mount

Diablo..

Navale
NortbStar..
I

100

ijuwrtBHt per «tow.

06

5)

1

..

.

THE CHRONICLE.

658

,

.

[Vol.

XLVm.

GENERAL QUOTATIONS OP STOCKS AND BONDS— Concluded.
For Bsplaiiatloas See Notes
BtANtrPAC'iNo Stocks.

North Belle
Ophir
Oriental

&

Bid.

Pewab'o (copper)
Ply mout u Consul
Potosi
10(!
Quincy (copper)

Rappahanook

1

Robinson Consol . .
Savage

5(

1-75

2.90

48 00
•06
•42

"50

2 60

Sierra NeTada
Silver Cniff.
Silver Cord
Silver King
Silver Queen

IOC

Standard
Sutro TODDel
do Trust cert
Tioga
Union Consol

100

335
•SO

•65
l^l.ii

•09

•11

•54

IOC

Utah
Yellow Jacket

"4-35
1-30
4^26

BrunsWk Antimony.
Caliunet

& Hecla...2.'i

Catalpa Silver

IC
25

Central

Franklin

2:''

Huron

Pewabio
Quincy
Bldge

25
25
25
25
25
25
25

Tamarack

25

Minnesota
National
OBoeoIa....

9

SOH

1
91*
30fii

3
208

1

206
16o.

180.

10

13

9»s
IHi

10
2

4

2

lis

1

10
214

4s

%

75c.

108H

as
49
114
109'!.

120

Amory (N. H.)
Amoskeag (N.H.) 1000 2030 203 i
1371s 133

Androseog'n (Me.). 100
Appleton (Mass.) 1000 875
Atlantic (iM.a8.9.)...100 10?
Barnaliy (Fall Riv.)... 110
93
Barnard Mfg. (F. R.)..
Bates (Me.)
100 126
Boott Cot. (Jlass.jlOOO 1370
Border Ci t y M fg. (F. R. 128
Boston Co.(Ma88.)1000 1155
Boston Belting
100 171
Boat. Duck (Ma88.)700 1150
Cliace(Fall Riv.) .100 107^1
.

10.^ 3l

Cocheco (N.H.)....500 4b0

CoUmsCo.

(Conn.). .10
Continental iMe.). 100

75
20

estein

100
100
Blackstone
100
Boston Nat
100
Boylston
100
Broadway
100
Bunker HIU
100
Central
100
100
City
Oolumblan
100
Oommerce
100
Commercial
100
Oommonwealth ... 100
100
Continental
Gigle
100
Eliot
100
IOC
Everett
Siohange
100
Faneuil Hall
100
First National
100
First Ward
100
Fourth National.. 100
Freeinans'
100
ilobe
100
Flamllton
100
aide & Leather ... 100
acoward
100
Lincoln
100
Ulantlo

90c.

I2:is
100 1211s 122

Cliicoiiee(Ma88.) ..100

1

3Tia
30
Mechanics'
10
I314
Merchants'
100 1341s
National Exch'ge. 100 128
People's
2f
19
Second National ..100 160

8

34
50

16

eso
1071s

120
98

126H
1330
131
1160
173

1200
110
106

465
34I4

Atlas

Manufaoturera'.. .100

100
tf arket(Brlghton) 100
250
Massachueetts
Maverick
100
Market

.

Mechanics' (8o.B.)100
Merohanili8e
100
Merchants'
100
1 00
Metropol Itan

Monument

IlOUlBTllle.
B'nk of Commerce

Hank
Bank

125
1F6

126

124
121
112
109
Drov..lOO 112

125
122
113
110
113
188
141
180
140
130
275
139
150
126
122
117
195
141
142

of KentuckylOO
of LouisvillelOO

&

100

iriratNat

3314

140
120

273
133
148
124
120
100 116

136 1* 137

Third National
Western

no

193
132
100
121
131

197
134

New

125

1301a 131

105

13311 134

141

113

234

237

52
50

Vernon
Vew England
Mt.

KO

iYo
144

134

78
120

100 Is
1J7

St.

. .

.

i

I

I

i

1
'

.

1

165

100
100
100
100
100
100
50

251
116
305
133
fS
180
100

255
122
310
140
90
190

1000
50
25
25
20
70

120
150
115
130

130
160

jEtua Fire
Counecticut
Hartford
National
ISSis Orient
PhfBulx
7912 Steam Boiler

New

126

Vork.

Alliance

Citizens'

190

City

100
40
IOC
30

108
112
85
205
195
83
100

("•oinmonwealth. ..100

106"

Continental
Eagle
Empire City

300"

Exchange

145

51^

1('6

00
17
Firemen's
German-American 100
50
Germania
50
Globe
25
Greenwich
100
Guardian
15
Hamilton
50
Hanover
100
Home
3C
Jefferson
Kings Co. (B'klyn) .20
3C
Knickerbocker
Lafayette (B'klyn) .5(

100
75
310
155
115
200
50
90
130
140
100
16J
70
80

Liberty

85
75
100

Farragut
Fire Association

195

MO

126

225

152
1000
160
260
300
118

Long

. .

1

811

Isl'd (B'klyn). 5C

Manuf. & Builders'lOC
5(
Nassau (B'klyn)

140
•.i20

530
175
228
173
168
183

200

I

K3

135
115
120
100
210

200
90

no
115

81
3^20

160
f.O
ilO

60
loo

40
150
IPfi

t-5

no

133
37ii
95
National
3:
195
N. Y. Eiiuitable
75
New York rire....lOi
5c l.-^O
Niagara
2.'.
90
North River
21 160
Pacific
50
101
Park
2t 161
Peter Cooper
5(
78
People's
Phenix (B'klyn) ....5< 120
Via
2;
Rutgers'
5i
100
Standard
80
2!
Stuyvesant
165
2;
United States
140
U
Westcliester
WtllianiBhnrg City. 5- 295
."fl.lKINK I N S IJ-

138
100
203
80
160
170

60
85
1J5
130
105
100
i'eo"

3

R.A\CE SCKIP.

15018

120
12
300

loiis 102
1886 102 1021a
1887 102 H 103
188b 103Wi 101i«
188S) 103 1106
65
70
Commerl. Mut.l873-S2
Atlantic Mutual. .1885

12 S

1

155

210

I

243

PRICES OF

4-20

165
132

EXCHANGE

inEITIBERSUIH.'i.

140
174
205
165
230
225

170
80
85

,

.

195

$22,000 aek.
N.Y.Stock
2J,500
Last sale. .May
700 bid.
N.Y.Cousol.Sl'k* Pot.
700
Last sale. May 14.
l.liobll.
N.Y. Produce
1,130
Last sale, May 4..
S'lO lid.
N.Y. Cotton
800
Last sale. May d..

—

:

1

1521a

STOCKS.
Hartford, Conn

. .

.

80

75
225
160

FIRE INSUR'CB

I

(

109

San Francisco.
Antlii-Californian...
Bank of California.
First Nat. Gold. ...100
Pacific

. .

.

92ifl

Louis Natlonal.lOO 135
Third National.... 100 107

Bowery
Broadway

Nevf Tork.

465

380

St.

.

,

Louis.

B'k of Commerce. .100 460
Commercial
100 370
Continental
100 180
100 225
Franklin
Fourth National ..100 150
100 90
International
100 140
Mechanics'
Merchants' Nat ... 100 107

American

America
100 175
American Exch'gelOO 149i<
1081s 109
117
118
Asbury Park Nat. 100
1<5
100
IO514 Bowery
Broadway
25
931s 114
liOS 141
Butchers'* Drover825
109 «i 110 iCentral National.. 100 141
233 237
Chase National ,..100 250
Chatham
25
130 132
100 4030
Chemical
841s 86
145
145 Is icaty
100
105 1« 106 ICitizens
25 i65
230 235 jColumliia
I39I4 140
Commerce
100 195

ies"

85

West Pliiladelphia.lOO iis'

261s 1;0

I26I4 l'i7

.

50

Philadelphia Nat.. 100

i<6it 11.7

100
126

50

Nat.Sk. N.Liberties.SO

Penn National

I59I2

32
200

350

.

Fariners'&Mech.N.lOO 163 ij 167
Fourth St. Nat'l.... 100
119%
fnd'peiidence
100
Girard National
40
109
Keystone Nat'l
50
54
Manuf act'r'rs' Nat.lOO

Pl8

.

131
115

.

IO2I1 lot

156
29
180
162

Ask.

Bid.

Phlladelptala.^
Bank of No .\mer.lO0 348
Centennial Nat
100
Central National 100
City National
60
Commonwealth Nat 50
Corn Exchange
50

Orleans.

131I4 Oanal

163 165
124 1« 125
104^1 K'5

129
113

100 lfl2
100 139
100 141

American Nat
Bank of Commerce. 10
* Banking. .100
Citizens'
100
Germania Nat
100
HiberutaNat
100
Louisiana Nat.. .. 100
100
Metropol itan
Mutual Nat
100
New Orleans Nat. 100
People's
50
100
State Nat
100
Union Nat
Whitney National. 100

ICOSi

1021* 104

103

....

100
100
Go:niiiercial
100 16.T% 168
1<3 105
100
North
100 142 142>« Continental
70
Dougl'sAxe (Masa)10(
70^ Sorth America.... 100 115 120 Corn Exchange ... 100
Dwight (Mass.). .500 790 800
East River
25
OldBoston
100 1231s 124
Everett (Mass.) . New
92
93
Eleventh Ward
25
People's
100 160 102
*. K. MacliiueCo..l00
Redemption
100
100 140 llOis First National
Flint M11I8 (F. R.) lOli il4'ii ii5
Fourth National. 100
RepuliUo
100 170% 171
Franklin (Me.)
IOC
97
fS
Firth Nalional
100
Revere
100 13718 138
Gl'beY.Mills(F.R.)100
118
100
100 151 151% Fifth Avenue
Rookland
Granite (F.R.)
100(
345
Fourteenth Strcet.lOO
jeoond Nat
100 1821s 183
Great Falls (N. H.)10' 103 1031 Jeourity
Gallatin National ..50
100 200
Hamilton (Mass.) lOOu 1000 1010 Shawmnt
100
100 130 iaOH Gartield
Hartf. Carpet (Ct.)lOO 130
140
German American. .75
ahoe & Leather
lOO
971s 98
HUKMe)
851, State
100
85
100 iroii 129 lii (ierman Exthange.lOO
Holyoke W.Power. 100 270
100
Suffolk
100 1161s 116
Germania
Jackson (N. H.)..1000 1025 1030 Third Nat
25
100 103 103 '4 Greenwich
King PUUip (F.R.) 100 105 106
100
Traders'
Hanover
100 891s 89
I.iaconia(Me)
400 500 505
100
rretnont
100 1141s 116
Hudson River
Lancaster M.(N.H)400 titO 60.5
Union
100 147
1471s Im^iortere' & Tr...lOO
li'rel Lake Mills (F. R.) 112
115
Washington
50
100 1241s 1-J5
Irving
Lawrence (Maaa.llOOO 1560 1660 Vebster
100 106 106 H Leather Manufta..lOO
Lowell (Mass)
690 630 635
100
Lincoln
Lowell Bleachery.200 133
136
Brooklyn.
Maillson Square. 100
Lowell Mach.8hop.500 820 825
Brooklyn
100 150
.Manhattan
50
Lyman M. (Mass.). 100 65
65 S First National
50 350
Market & Fulton.. 100
Manchester (N.H.) 100 155 l.'SS's Fulton
40 167
25
Mechanics'
Mass. Cotton
1000 1115 1120 City National
50 330
Meohanloa'A Tr.. .25
Mechanics' (P. R.) 100 100 102
Commercial
60 150
.Mercantile
100
Merchants' (F. R.) 100 128
130
Long Island
100 135
Merchants'
50
Merrunack(Mass)1000 1320 1330 .Manufacturers'. ...
160
Merchants' Exoh'e 50
Metacomet (F.R.) .100
70
100
.Mechanics'
50 250
.Metropolitan
Middlesex (Mass.). 100 179 180
100
Nassau
100 250
.Metropolis
Harragans'tt(F.B,)100 100
102
100
Mount Morris
Nashua (N. H.)
500 650 655
50
Chicago.
Murray Hill
Naumkeag (Maas.jlOJ 102 102 14 American Exch. Nat
125
50
Nassau
K. E. Qlase (Ma8S.)375
91
89
National
110
117
Atlas
100
New York
Newmarket
500 310 350
Clilcago Nat
100 210
N. Y. Nat. Exoh'gelOO
PaclUo (Mass.). ..1000 1700 1705 Commercial Nat. . 100 2'J3
New York County 100
Fepperell(Me.)
500 1275 1285 ContlneutarNat. 100 120 130
Ninth National. ...100
Fooasset (F. R.)...100 115
117
100 ^73 300
70
First National
North America
Rloh.Bord'n(F.R.) 100
100 101
Fort Dearborn Nat...
30
841s 86
North River
Eobeson (F. Riv.) 1000
90
Hide and Leather. 100
25
Oriental
Bagamoro (F. Riv.) 100 120 12L
Merchants' Nat.. .100
50
Paoitlo
Salmon Falls(N.H.)300 265 267
.Metropolitan Nat. 100
100
Park
8andw.Ula8S(Mas8.)80 xlO
11
26
Nat. Bk. of Amer..lOO
People's
Shove (Fall Riv.). 100 106 107
2j5
20
Nat. B'k of Illinois.lOO 223
Phenlx
Blade (Fall Riv.).. 100
64
65
Northwestern Nat. 100
Protluce Exchange ICO
Stafford (FallRlv.) 100 117
IM Union National 100
Kepulilic
..IOC
Stark Mill8(N.H. 11000 l'.:i5 122.5 Un.Stock Y'ds Nat.lOO
100
Seaboard
Tecumseh (F. R.). 100 115 116
Second National.. IOC
Thorudike(Mass.)1000 1225 1 235
Cincinnati.
•Seventh National. 100
Tremont&S.(Mass)100 UO 111
83
00
Atlas National
Shoe & Leather. ... 100
Troy C. & W.(F.R.) 500
1000 Citizens' National.
195 20OI4 Sixth National
100
Union C.Mr. (F.R.) 100 240 v45
118
123
Commercial Bank.
100
St. Nicholas
WampanoBK( F.R.) 100
135
135
Eqiiitablu National...
100
StateofN. Y
Waahingt'n(.Mass.)100
fiO
70
"a'i" 95
Filth National
Third Natloial ...100
Weeitamoe (F. R.)100
60
62
First National
2651s 270
40
Tradesmen's
WUllm'tio Linen(Ct)25
10
43
200
Fourth National
United .Statics Nat.lOO
WlDchetter R. Arms Co *
300
165
Gorman National
Western National 100
Yorfc Co. (Me.)
750 1140 1150 .Market National
100
871s' 90
West Side
'P renomtni-1; no Ute transactions.
§ ©notations rer sb»-e.
Cres't Mills (F. R.) 100
Crystal 8pr. B1.(F.R.).
Davol Mills (F. B.) 100

185

liOuisv. Banking Co. 40
100
Masonio
Merchants' Nat. ..100
llOii Northern of Ky ...100

I2014 People's Bank
11214 1121s Second Nat
124^ 1'25
Security

iNStTRANCE STOCKS.

188
99i« 10

(Stizens' National. 100
5ii (31ty Nat
100
Falla City TobacoolOO
1314 Farmers' of Ky ...100

Farmers'

Ask.

145
300
150
210

19^ (^rman Ins. Co.'s.lOO 140
100 179
German
110
German National. 100 1.^9
100 128
Kentucky Nat
831s 85

Boston.

nANXIFACT'ING.
Ani.Llnen(F.Klv)1100

15

Vfarlne

Union

BOSTON MINING.
Allouez
2!
2ft
Atlantic
Boat. &Mon.. (Copper)

14.-1

10
I'jis 20
^om. & Faniuor8'..100
135
Farmers' B'k of Md.30 "32
Farmers* & Merch..40
59
60
Parmer8'&Planter8'25
451s
First Nat. of Bait.. 100
126
Franklin
60 91
92
German American
5' 128

rhlrd National. ...100
I'SO

Bid.

.

iJankot Ball iiuore IOC
^ank of Commerce. 15

Howard

51

Pase of (Quotation*.

Merchants' National.
National Laf avette.
Ohio Valley Nat'l
Secon d National
Third National
Western German Bank

Oltlzens'

ir-fo

First

Bank Stocks.

Ask

Baltimore.

g'oo
2-41

Bid.

Head of

BANK STOCKS.
•C6

Miller

Oeceo^a (copper)......

Bank Stocks.

Ask

1-30
10 4-S5

Isle

at

270
1J7

N.Y. Coffee
140

Last sale.

May

I

.

320

660 bid.
630
^0

N. Y. Metal

Last sale
Est Kxc.&Aiio.R'm
1531s
Last sale, .May 15
1291s Boston Stock
Last sale, Ai'ril ..
112
Phlladelpliia Stock ..
Last sale, Fet)
Chic. Bo.ird of Trade.
Last sale. May 7..
97

bid.

R'l

.

120
115
100 Is

96

I

Pi tt sb. Pet. ,8t'k

«Met.

1,'200

10,000 bid.

n.ooo
3,000 ask.
2,950
l,3<i0 ask.

1,250

485

bid.

.

May

.

81

. ..

1

1

1

1

THE CHRONICLEL

18, I8f».|

Ittuestmtttt

669

KOAtiH.

AND
Hunt.An.ii-.

itailraad %ntzlliQtntt.

UI.C.
Ci'.l
X>iiii.

The Investors' StJPPLEMEirr, a pamphlet of 150 pages,
tontains extended tables of the BSmded Debt of States and
Cities and of the Stocks and Bonds of Railroads and other
Oimpanies. It is publithed on the last Saturday of every
other month-^iz., January, March, May, July, September and November, and is furnished without extra charge
to all regular subscribers of the Cironiclk,
Extra copies
arc sold to subscribers of the Chronicle at 50 cents each
and to others at $1 per copy.
The General Qttotations of Stocks and Bonds, occupying
tlx pages of the Chronicle, are now published on the
third iftHturday of each month,

RAILROAD EARNINGS,
Laial Earnings Reported.

Jan. 1

Allegheny Val.. March
A9I1V.& Spartan. April

1889.

1888.

$
173,154
8.6U0

to iMlett

Dal'.

159,830
7.313

1889.

1888.

Fe.. ,^fa-cu

1,457,049
3,049

(

.

ife

.

:

.

I

.

I

I

.

.

.

1

23,:».

.

ai..'i«A
4.«.'>3i

oti.o.M)!

6.339

K.aWy. AN.W

April.

31,5t»0

Keutuck'

Cftiif

Keokuk

March

West.

iHtwkMny
IstwkMay

82,087
4,838
4,065

ii

Klngsfn A Poiu.

A

Knojtv.

Ohio. March

&
&
Lehigh A llu<l.. April
L. Rock A Mum. IstwkMay
L. Erie All.
Bo. April.
L. Erie
West.. IstwkMay

Long Island
La.

April

A Mo. River. KebniBry
wk Moy

l.<>ids.Ev.A8t.I.. 2<l

IstwkMay
IstwkMay
wk May

Loulsv.AN'a.shv.
lA)ula. N. AACh.
Loulsv.N.O. AT.

2il

Mar. Gol. ANo.. March
Maryland Cent. April..

504,832
47I,,S.35
38,777
33,787
4,248.854
8t.L.K.('.*C<)l. March
8,539
Gulf.CoI.^^8.K March
219,906 190,805
687,789
54.5,510
Califor'a Cent. March
91,640
271.964
Calif or'a Sou.. March
07.232 149,773
2.2.718
472, 90
Totii! 8vsteint March
1,954,872
5,799,030
Atlanta & CLnr fV'bruarj ..
1.30,959
125,828
264,007
249,420
24.552
Atlant-i & W.Pt April
29,406
150,618
146,372
Atlanii; ^t Pac. IstwkMa
50,839
55,943
977,389
919,913
B.ifeO. t-».*x I :nc* .\pril. ....'. 1,243,6.56 ,207,295 4,905,893 4,590,410
S7,s,583
lA'p.-iterii Lines' Apill
302,221 1,476,519 1,491.670
I,H22, !39 1,569,510 6.382,412 6,088.080
Til
April
Bait. * Potom.'xc Mucib
113,t>2
120,720
373,095
337,16.'
Marc'i
Beei-li Creek
09,776
84,173
211,450
232,161
Bnfif.Roch.A Flu 2d wk May
35,641
36,392
671,992
702,003
bir.r.Rap.&N >. Ai)ril
199.003 193,176
849,618
832,03'.!
Cairo V. * Cliic. l.-tt wk Ma'
14,012
12,740
229.318
233,277
Camden & Ati.. Mf.ioU
38,696
33,432
103,862
99,707
Caiada Atlantic iVijril
4/,365
42,843
155,878
148,249
Ciua'liau Pactlie 1st wk May
239,000 221,000 4,21'!,607 3,863.309
Cp.I'r&Yart.Val April
27,725
22,104
130,120
105,034
Cent. Br. U. P.. March
59,287
84,580
172,456
223,041
5i!2.955 1,955,111 1,877,369
( 0-,009
Cen.KK.&Bs^.Co March
Centralof N..I.. March
900.088 906,502 2,789,215 2,672,398
Centi-alPaeitic.. February
965,176 1,083,609 2,049,94'. 2,171,089
Centralof .'i.e.. February..
11,576
22,204
12,027
22,131
Charlest'n & Sav March
5<,,6n
178.197
60,417
169,098
Char.Col. & Aug. April
65,950
57,470
306,346
317,098
Clicraw. & Darl. March
6,419
24,218
6,954
24,490
Ches. & Ohio.... April
320,370 339,630 1,355,621 1,438.851
Ches. O. & 8. W. 3 wk.s Apl.
100,162
101,093
595,079
578.243
Chei>. & Lenoir
February..
0,S75
13,516
7,756
15,804
Chie. & Atlantic 2d wk May
36,601
48,152
750,270
786,787
Chic. Burl & No March.
172,341
73.323
480.172
347,2-12
Chic. Burl
2,073,758 ,211,188 5.786,804 4.5<i9,001
Q.i March.
Llnc.^ contr'l'diMarch
584,240 306,400 : ,748.09« l,20-,453
Chic. &E. Ill
L-it wkMay
44,417
46,79;i
889,102
853.702
Chic. Mil. &st.P. 2d wk May
414,000 307,430 8,015,875 7,551,909
Chic. &N'thw'n. March..
1,893,4:.; 1,897.532 5,067,538 5,145,314
Chic, i Oh. Riv. April. .
4 294
,417
25,24vs
14.5<W
Chic. Pe. & St. L. March..
29,23
20.2,6
80,705
68,356
Chic.St.P.&K.C. April. ..
214,721
172,711
8»1,4(j7
590.901
Chic.St.P.M.&O. March..
532.525 500,341 1,328,332 1,204,156
4- 1 .794
Chic. & W.Mich. IstwkMaj
4.30.123
25,907
27,913
Cin. Ga. A Ports. April,
17,707
5,054
17,210
4,688
Cin.Ind.St.I,.& C 1st WkMay
49,130
943,340
875,004
48,558
Cin. Jack. * Mac l.st WkMay
153,176
9,547
8,1.8
1S6.()09
Cln.N. O. & T. P. I St wk May
50,91:
63,792 1,228,308 1,183,960
Ala. Gt. South. Ist wk May
25,Oij8
024,931
25,532
534,254
N. Ori. & N. E. IstwkMay
13,6,^4
354,435
297,320
12,459
Vlckab. & Mer. Ist WkMay
196,700
168,959
6,755
6,69
Vicks. Sh. & P. IstwkMay
177,.320
6,065
5,917
189,011
Erlanwer Syet. IstwkMay 108,951
113,932 2,594,015 2,361,819
Cin.Rich.& Ft.W IstwkMay
141,658
149,813
8,017
8,046
Cin. Sel. & Mob. April
33,310
7,720
39,491
6,002
Ciu.Wab.&.Mich. April
140,053
153,897
43,233
37,037
Cin. Wa-slLit Bait IstwkMay
693,050
35,076
688,263
36,794
Clev.AkronitCo! 4thwkApl.
213,315
186,908
13,2.36
17,162
Clev. A Canton.. 1st wk Apl.
90,578
6,720
100,633
7,870
Cler.Col.C.&Ind April
615.793 567,778 2,393,642 2,307,626
Clev. & Marietta .\pril
88,403
70,083
19,866
19,995
Color. Midland. IstwkMay
400,704
30,454
540,245
37,433
Col. & Greenv
2 21, .537
273,641
April
35,884
55,065
102,1118
Col. & Cin. .Mid.. IstwkMay
5,145
107.827
5,689
Col. Hock. V.&T. IstwkMay
852,900
64,521
798,037
45,243
120,332
Day.Ft.VV.&Chi. April
152,209
28,952
37,524
Denv. & Rio Or. 2(1 wk May 134,000 14.'>,00<) 2.489.777 2,.50M,145
397,837
Deny. &R.G.W. 1st wk May
449,220
17,300
19,300
234,122
Den V. S. P' k APac March
86,.'>18
109,520
60,201
1 17,903
Dct.Bay C.& Aipl 1 .it wk May
174,797
9,507
11.154
310„558
Det. Lans'K & Noi 1 Ht wkMay
332.533
17,674
16,266
333,925
Duluth .S..S.& Atli2d wk May
445,343
24,657
50,161
E.Tenn.Va.&Ga.jlat WkMay
92,953 2,0^^0,357 1,87M.460
94,969
71.309
Evans.&lnd'plKs lilt WkMay
89,818
4,568
4,033
270,471
28f!,573
Evansv. & T. H.llHtwkMay
14,336
15,230
Fitchburg
March
441,196 416,928 1,2.59,077 1,1 71,585
5' ',036
S(W,027
Flint.* P. Marq.i lat wk May
859,834
48,329
390,812
Flor. Ry Nav. Co l«t wk May
424,835
23,421
23,030;
01,738
Ft. W. Cin. & L. March
67,068
22,414
25,742
281,002
Pt.W.&Dcn.fity 1st WkMay
383,125
16,798
32,045
787,1371
WTiolc 8y.-4t'u) .\ ))ri
210,000 156,208
iiii.97i
93,-927
437,931
Georgia Pacific: .\pril
94,372i
72I,4.S1
757, .535
Gr. Rap. & lud. Ist wkMay
39,491
40,740
00.051
73,451
Other lini^.^ .. l.'itwkMay
3,244
4.929
Grand Trunk. ..Wk May 4 357,808 328,I2r| 0,OS4,30M 3.31.3.335
.">«,027
1,109,5141 l,<l7i>.71l
Chic. AGr.Tr. Wk May 4
55,470
313,003
322,932
Det.Gr.Il.& M. ttik .May 4
21,019
16,644
201.3.50
69,8'.9|
244.229
Housatf>nic
March...
87,391
033.009
869,203
Hon.s.&Tex.Cen. .\pril. ...
173,995 158,851
40.0«7
38.5001
Hnmeat'nAHhcn .4pril. ...
9.917
8.000

Atch.T.AS.

Town Ontnil... IMwk.Mny
Kaii(twha.V niilol Int wk Mny
K.f.K.H. & Mem J UhwkApI.
Kaii.C. (.'1. AHntlthwt " '

Memphis A Cha.« IstwkMay
{Mexican Cent... IstwkMay

Ro.tDS.

Week or Me

127.
131,
I.lOx

..

lownliiiiMt
lAi'rll
Total nil.... April
rn<I.l>oc.&\V>nt. April

San LulsDIv.
IMex. National

1st wk May
April.

8.'i,332

5,141
41,02:1

17.489
8,987
247,571
30,036
17,673
299,660
39,171
44,601
7,920
12,000
25,116

U7,(H3
1,51

288,722 213,027
iMe.xlean R'way
Apr.27
73.913
60,5401
1,320.010
MIl.L.Sh. A West 2d wk May
70,660
•52.184
736,0ie
Milwaukee A No IstwkMay
20,480
10,802
331.744
Minenil Range.. ApriU
8,317
6,488
2534S
Mluneap. ASt.L. April
92,737 102,4161
39«.4ll
Mo. Kan. A Tex. April
491,169 490,3731
Missouri P.-iclrtc. February.
931,181
812,2831
.•;31,824
Mobile A Ohio.. April
198,209 174,192
705.082
Montana Union Miuch
47,096
6i,io;i
165,544
Nash. Cli.ASt.L. April
258,288 232,263
1,000,037
Natchez Jac. AC. 1st wkMay
2,838
2,239
54,414
New Brunswick, .March
82,108
74,495
175,603
N. Jersey AN. Y. March
16,662
11,439
47,654
New Orl. A Gulf Aju!!
13.869
12,036
56jy7T
N. Y. C. A H. R. April
742.372 2,748177 10,773,851 10,901,573
N. Y. L. E. A W. March.
2,113,191 2,130,419 5,748,&50 6,068,882
N. Y. Pa. A OhioM.irch..
525,841
473,326 1.422,202 1,387,383
N. Y. AN. Eng..: March
422,804 378,440 1,221,001 1,156,033
N v.&y„rtii»ti. April
48,415
45,654
178,323
150,318
N. Y. Ont. A W..:2d »k Mav
32,826
31,245
554.608
524.041
N. Y. 8ius(t. A W. March .....
91,029 106,154
275,746
342,54ft
Norfolk A West. LstwkMay
97,141 105,15" 1,729,100 1,626.104
N'theast'n (8. C.)iFcbruar.v..
61,130
67,909
132,067
127,613
North'n Central. March
471,200 426,081 1,371.141 1.333,273
NortLern PaclUc 2d wk May 353,147 320.381 6,299.510 4.9244237
Ohio lud. A W..ilstwkMay
28,783
33,153
480.715
409,563
Ohio A Miss
Ist wk May
74,725
74,062 1,2«0,842 1,232,566
Ohio River
IstwkMay
10,155
0,181
164,680
123,320
Ohio Southern.. April
36,748
36,751
174,332
108,101
Ohio Val. of Ky. IstwkM y
2,566
2,164
Omaha A St. L. February.,
33,661
26,378
72,541
62,142
Oregon Iran. Co. March
324,577 446,440
028,270 1,174.064
Dreg. R. A N. Co. March
454,756 558,733 1,173,700 l,S76jy78
Oreg. Short Line, March
227,452 201.507
667.813
495,079
Pennsylvania ..March
1,790,135 4,626,561 13,746,036 t3,00g,9eti
Peoria Deo.AEv. 1st wk Miy
12,5-12
12,069
234,8331
220,121
Petersbnrg
March
43,805
128,772'
44,431
115,198
Phila. A Erie. ..[March
300,107 277,046
843,4501
772,842
Phlla. A Read'K March .... 1,364,172,1,579,308 4,306.743^ 3,615,005
Coal A Iron Co. March
838,204 1,078,644 2,608,7761 1,604,91s
Tot. both Co.'s March
'2,202,376 2,657,952 6,015.510 5,310,821
lltta. Clev. A T. March...
42,159
06.103
34,126
111.351
Pitts. Pain. A F. March
24,4031
11,436
30.336
.57,694
Plttsb. A West'n 2d wk May
46,667
38,010
680,096
757,663
Pt. Royal A Aug. March
30,467
114.877
33.625|
98,007
Pt.Roy.A W.Car. March...
4 1, .526
37,542
122,511
104.179
l»re8cott A Ariz. April
11,313
5,005
43.874
30.810
Rich. A All'ghy. IstwkMay
13,412
188.111
24,771
37.5.175i
cR.ADan. Sys'm IstwkMay 219,582 199,151 3.875,136, 3,467,780
Rich. A Petersh. March
72.313
69.004
24,862i
23,706
Rome \V. A Ogd. March
688.017
207,335 251,661
723,5701
St. .108. A G. Isl. IstwkMay
371,2231
86537e
19,720
21,607
St.L.A.AT.H.B'8 IstwkMay
320,6351
308,927
13,020
13,305
85S,81S
St.L. Ark. A Tex. l8t wk May
44,281 1.009.265
49,024
1.804.813
8t.L.A San Fran. 2'1 wk May
1,010,385
00,046
93,200
346.024
St.PaulADul'tb April
204,7201
84,812 104,561
St.P.Min.A Man. April
665,008 810,358! 2,183,907i 3.58 1 .530
275.189
336.2571
S.Ant.AAr.Paas. 4thwkApl.
21.2241
23,161
194.37S
19838a
Scioto Vallev, -March
53,297
62.706
75,714
2.727
Seatt le L. S. A E. 1st wk May
4.515
63,420
345.000
Shenandoah Val April
63,000
883,600
387,294
South Carolina .jMaroh
126.300 110,562
.

,

[

.

j

.

!

.

I

I

.

. .

.

.

—

So. l*acillc t'o.
Gal. Ila r. AS. A

Louls'a West

I

.
.

.

March

296.150
86,310
410,064

.March

Morgan's LAT. March
N. Y.T.AMex. March...

7,921

A

N. Orl. March
Atlantic sy s'ni .March ....

Tex.

Pacific system

Totalof
So. Pac.

all..

340.306
00.150
480,047
7,750
137,685

March
March

A Pacific 1st wk May
Tol. A. A.A N. M. -Jd wk May
Tol. Col. A So... Mar<^h

105,344
19.434
80,0861

120,967
560,716
102,807
93.270
11.033
53,994
103,608
70,743
104.902
12,730
13.619

T0I.A Ohio Cent. Istwk .May
Tol. P. A West.. LstwkMay
Tol. St. I.. A K.C. 1 »t wk .May

10,079

21.4.30

16.0561

15.204

(Cal.)

Febniary..

1.36,664
4 01. 01

So. Dlv. (Cal.) February..

159.815
78,170
11,583
68,094
80,467

Arizona Dlv.. February..

NewMex. Dlv. February..
Spar. I'n. A Col. February..
Statcn 1. Rap.T. April
Summit Bnuich. April
Lykeus Valley .\pril
Texas

Union

Pacillc...
Total svsteui'..
Ptah A.'^orth'u.

March.

<)hl.>..

April

Vermont

Vjtllcv

March

""

'

Waba^li
Waba."!!
Waiib.o..v

\t>ril
'

in-h
I

.V..-.

wk May

^l.ril

371,369
961,100
169,703
30,867
808,360
391,640
884.487

17.066
1

:i.318l
.'

IIU)

938,970
387,434
1,371.440
33.437
340,251
2.001.9IO
7.700,987
10,603,44a
330.956
058.773
4oo,ao«
177,843

10384
18t,SSS

47M8a
348.464

3.000,008

3.073,4«8

384,000

807,010
96.764
996.3ta
39S.40a
147.80O

99393
339,335
309.644
304, 161
5,775,4 10

1

March
March

Valley of
Virglnl:!

6a.00W

.

i

39.639
363.158

2,806.299
7,054 7.307,166
.992,800 10,119,434
.;.->,836

RR.—

No. Div.

900,234
252,862
1,857,369

7.406.230

e.158.878
8.014,43s

426,27!>

i-.':i.tu-J

187JJ84
37.11!'

—

n

. ..
.
... .

«

.. .

THE CHRONICLE.

660
Late$t

Samingt Reported.

Jan. 1

[Vol.

Latest Date.

to

-March.Jioads.

Week or Ho

1889.

1888.

1889.

$

$

$

1

1888.

& Marietta

Clevcl'd

Western of Ala. April

32,309
61,100
69,000
103,023
68,103
17,384
89,102
69,055

West. N. Y & Pa. 2d wk May
West. N. CarTa. April
We.st Jersey
March

1

29,406

184,6001
55,500; 1,072,951!

$
165,516
990,029
207,279
272,642
174,196
317,486
160,858

46,861
301,829
101,907
262,530
•W.V.Cen.&Pltts. April
52,297
224,935
WheeUug & L.E. 2(1 wk May
16,511
315,843|
Wil. Col. & Aue. Februavy..
86,089
176,753
WiscoiLsin Cent. l.<)twliMay
62,704 1,166,9721 1,127,169
1 luuiuUiuif lines in which hall ownership is held.
4 Mexican currency.
c Earnings ol entire system, inoludinig all road operated.

—

Earniners by Weeks. The latest weekly earnings ill the foregoing table are separately summed up as follows;
llailroacl gross earnings continue tatisfactory as heretofore,
and on the 83 roads report2d below the gain for the first week
of May is o'tiS per cent.

Latest

lit

6ro!<<«

week of Hay

AtHntlo*
vin.

.V

&

I'ittsl urg.
(ihtc

30.-i(i7|

14.012

Canadian Pacific
Chicago <St Atlantic
Chic.

E.

<fe

Ills.

& C.

tc 1. C.

& St. Paul.
& West Mich

Chicago

1888.

50.839

Pacific

Buffalo Koch

Calm

1889.

Mil.

221,00i'

34,316,
44,417|

25,532

48.111
46,793
398.783
27,913
48,558
8,178
63,792
25,06'

13,08!

12.45!'

6.7.55
6,1165

6,690
5,917
8,046
35,G76
30,154
5,145
64,521
144,000
17.300
9.507
17,674
20.121

..

430.Oi.iO

25.907
4^,136
9,547

& Te.iras PaC.
Gt. Southern
New Orleans & N. E
Vlcksburg & Meridian
Vlcksbiirg Shrev.
Pac.
Cincinnati Rich. & Ft. W.
Cln. Wash. & Bait
C lorado MidhnM
Oln. N. O.

f.6.915

Alabama

.

<fe

8,017
S6,794
37.433

Jol. ,» (J n. Midland
Col. H. Val ATi.ledo....
jDeiivcr & Rio Grande...
l>enver & K. Gr. Wei-t..

5,«8!>

45,243
143.000
19,300
11.154

Detrcit Day C. 4i AUuna
Detroit Laos. <fe North. .

lii.26P

Duluth 8. S. Jc Atlantic..
£a8t Teun. Va. & Oa

&

Evansvllle

40,679
94.96.1

ludianap...

4,03;<

Evans villB T. H
Flint i Pere Marquitte..

15,236
48.329
23,030
32,045
40.746
4,929
357,808
55,470

i(;

& Nav. C»...
Fort Worth & Denv.City.
Grand Rapids ilud
Other lines
*Giand Trunk ol Canada.
'Chicago & Grand Tr...
•Detroit Gr. H. & Mil...
Fioilda Rv.

10,'

lowaCemral

Kan:iwha

Keokuk

Ai

44

21.595
4,053

it Ohio
Western

4,t'38

Kingsron.Vc Peiiiliioke

Lake Erie
M'estcrii
Uttle Rock AMcmiihis

4.065
41,023

ifc

..

8,987

Evans, it St. L..
ijOUlBvlln &Ka>hville ..
louisvlll N Alb. & Chic
toulsville >f. O. & Texas

19.765
2iW.660
39.171
39,527

JLoui.-sv.

Menii>hls

&

CharlestonMe-xican Central

•^5,116

117,013

Milwaukee L. Sh. & West
Milwaukee tt Norlhern..
Satchez Jaik-ou Jc C
N. Y. Out. & West
Koitolk

7407V
20,480
2,838
32.461
07,141
319.6
28.783
74.725
10,155
2,566
12.542
44,665
24,771
219.582
19.729
15,020
49,924
97.160
4,515

& Westnn

Nurtbem

Pacitic

,

Ohio (ndinna & Westtrn.
Ohiofe Mls3i8si|.pi
Ohio River
Ohio Valley or Kentucky.
Peoria Dee. ^ E vjus.
Pittsburg <fc Western

.

Bichmoiul A Allogliaiiy.
Rich &Daiiv. (S road.^)
Bt. Joseph »t (ir. Islaiiil.
8t. L. Alt.&T.H., branches
St. Eouis Ark. & Texas.
Bt. Louis cV San Fran
.

Seavtle

Texas

L
<b

Sb. & Eastern..
Pacific

105.3441
16,714[
19.975
16,056
14,083

Toledo Ann .4. it No. Mich
Toledo & Ohio Central .
Toledo Peoria & Western
Toledo St. E. cS: Kan. C.
Wabash Western
WesteruN. Y. APeOTi. ..
Wheeling & Lake Erie...
Wisconsin Central
Total (83 roads)
Wet increase (5 68 p.

c.)

55,943
36.392
12,740

23!>,o;ioI

Cincinnati Ind. St.L,.& C.
Ciuciujiali Jack. Jt ftlack.

Chlcatro

Increase.

92,953
4,568

39,4,

3.244
328,129
56,027
21,619
20,549
3,430
5.113
4.(01
32,031
11,204
19.189
307,945
37,943
37,496
E0.023
86,632
48,391
1P,P02
2.2i9
31.298
105,157
312,12(1

33.153
74.063
9,1""

2,1

12.0
38,010
13,412
199.151
21,697
13,395
41.281
90,3i9
2.727
104,K02
12,494
21,430
1^,'^94

15,970
69,055

7,667
99,06
56,900
14,839
62,704

4,316,594

4,08'1.,595

98.428
61.5001

5.104
6,085
1

13.705
2,376
31,21'

.

&No. Gross.
Net...

Chesapeake

& Ohio.. Gross.

Net...
C Ji. Ind. St.L. iCaic. Gross.
Net...
Jnly 1 to Mch. 31,1 Gross.

9 months

)Net...

228,259
74,729
349,125
63,206
229,251
88,770

209,597
45,138
376,802
62,734
212,984
83,305

>

Nirt

Nov. 1 to Mch. 3
5 mcnihs

1 ,

29

J

....

Kookuk & Western.
Lake Erie

&

Wtst'n. Gross.

..

6 months
ifc

JNet.

1,408

1,707

391

557
4,975

623
275

64
8,992

Net...
Tex. &New Orleans (Jross
Net...
Total Atl.Syst'm. Gross.
Net...
Union Pacific—
Oiegon Short LincGross.
Net...
Utah & Northern. .Gioss.
Net...

Denv.
2,277

576
8,235
1,228
2,031

4,907

31,021
25,^81
678

57a
1,163
.

-

8,016

3T.533

""6^3

4,370

974
40 i'
473
6,655
11,359
20,431
........

Mex. Gross.
.

1,646

.,-

it

1,968

1,625
5,643
7,101

S.

446,435
184,222

227,452
110,708
147,593
57,942
P'k&Pac.Gross.
60,200
Net...dt. 20,562

Net .
Utah & Nevada. ...Gross.

14,584
3,839

Soads.
1,455

667,813
495,079
307,552
177,801
426,279
423,642
112,963
133,431
169,526
234,122
df. 63,041 df 34,887
.

3J,5'i0

7,743
4.005
1,501

A aril,

,

842
762

201,507
95,154
168,410
74,173
86,518
742

1889.

1888.

$

$

636
6,351

98,312

1888.

650.015
63^,856
200,124
134,005
1,035,256 1,099,215
195,751
193,4¥3
687,787
620,190
244,482
225,092
2.076,167 2,027,217
727,704
759,696

422,388
251, 7e3
90,6C6
225,041
4,517

•—Jan. 1 to Ayril 30. -»
1889.
1888.

& O. East of

$

Ohio. Gross. 1,213,656 1,207,295 4,905,89.3
330,126 364,615 1,356,188
Net.
8,821,452
Oct. 1 to Apl. 30, ) Gross.
2,6.'i5,578
7 mouths
5 Net...
West of Ohio Elver.. Gross. 378,593 362,221 1,476,519

$

4,596,110
1,269,942
8,7i 9,838
2,721,765
1,491.670
142,802
4l<,998
157,509
Net...
53,370
2,779,791 2,794,291
Oct. 1 to Ap". 30, (Gross,
43s,
421,418
824
jNet.
.,
months
7
Total System. ...Gross. 1,622.239 1,569,516 6,382,412 6,088.080
383,496 408,613 1,498,990 1.427.351
Net..
11,001,243 ll,5l!4,129
Oct. 1 to Apl. 30, ) Gross,
3,056.996 3,157.589
)Nct...
7 moatljs
22,104
130,120
27,725
103,034
C. Fear&Y'ad Valley. Gross.
10,147
8,879
61,611
51,716
Not..
833,679
4,093,302
973,930
3,586
Gross.
,780
Illinois Central
894 ,552
Net .. 300,606 166,698 1.398,344
Nash. Chatt. & St. L Gross. 258,288 232,263 1,117,834 1,009 ,037
102,002
87,988
455,800
406 ,162
Net..,
2,753.098 2,610, 075
July 1 to Apl. 30, ) Gross.
127
1,13?,
1,125,
.353
JNet...
10 months
391,649
80,467 102, 092
Gross.
479,,298
Sumiult Branch
7 ,338
18,272
81 ,217
Net... df. 26,122
70,,74
284,187
62,000
318, 464
Gross.
Lykens Valley
def
753
def.
df.
29,429
32,812
def.
20,
534
8,
Net..,
59,fi23
52. 831
225,455
174 ,730
West Vir. Cent, it P. .Gross.
15,954
18, 951
66,516
Net...
60, 233

B.

.

6,416
4.300
1,131

5,006,034
1,777,883
6,158,878
2,054,229
1.276.578

9,619
9,308
284
1,417
3,705
Net...
.513
553
1,318
1.075
Ogden& Syracuse. Gross.
852
388
344
1,033
Net...
61,103
168,700
165,544
47,096
Montana Union. ...Gross.
"4,084
28,662
Net... df. 32,466
12,947 df. 74
33,510
91,968
01,183
26,035
^ii Ida j'ntlyowa'd;. Gross.
3,827 df. 40,759
8,564
Net. ..dt. 17,645
Gross. 2,751.009 3,,293,281 7.496,236 8,014,425
Grand to'.al
921,172 1,,421,089 l,970,al8 2,585,040
Net...

1,788

1889.

459,402
208,639

OtherllnesU.P.sys.Gi-oss. 1,676,339 2,,056,672 4,511,827
Net...
617,627 957,174 1,430.121
Total U. P. sys... Gross. 2,111,584 2,,513,108 5,775,44s
Net...
765,714 1, 127,244 1,787,596
Ore E'y & Nav. Co.Gross. 454,756 558,733 1,173,700
Net...
128,541 239,650
112,106
94,989
98.786
271,639
St.Jos.&Gr. Isl...Gro?s.
Net...
29,306
41,375
74,547
59.287
172,456
84,580
Cent.Br.&lad.llncs.Gross.

4.220

330,311
231.999

251,661
104,733

938,970
319,305
909,234
222,526
120,930
95,292
227,424
90,150
252,862
108,918
111,976
52,393
480,947 1,257,365 1,371,410
438,950
147,046
379,128
23,437
25,639
7,750
def.5',793 def. 7.410 dcf.22,344 def, 18, 568
340,251
125,766 137,085
363,138
51,640
93,881
34,872
88,079
926.220 1,06"', 836 2,808,259 2,901,519
213,882 338,961
677,819
843,706

.

N.Y. Texas

207,335
115,675

$

296,159
27,159
86,310
39,765
410,064
117,879
7 921

Net...

15.247
1,255
1,6S5
29,679

12ti,709

778,422
151,986
158,466
35,449
4«,838
6,815

496,248
695,208
155,517 iet.'JJ.sn
77,121
79,396
17,2U7
15,835
.•^96,133
447,224
149,562
233,533
524.116
462,643
99, J 32
155,796
907,497
576,.521
194,445 def.46,445
723,570
688,917
248,001
257,740
1,604,518 1,550,227
657,087
653,706
1,292,970 1,233,403
484,680
542,112

.

Sau Fran. Gross.

Louisiao.a \Vest'n..Gi'03s.
Net...
Morgan' sLa.&Te x O ross
Net...

535

861,646
194,676
164,745
37,571
47,418
5,910

S4,(i56 df.25,905

Net...
Oct. 1 to Mch. 31, (Gross.

South Pacific Co.
Gal. Uar.&San Ant. Gross.

900

284,151
71,282
56,977
14,468
17,065
3,164

216.629 15.1,533
41,798 d'f.40,194
25,603
25,321
387
5,109
207,358 152,347
77,588
52,972
170,269 162,699
4.',291
34,440
330,510 209,667

Net...
Gross.
Net...

19,278
l.OOJ

2,016

68,626
4,451
1,642,984
401,399
1,376,625
453,250
4,321,240
1,569,053
123,077
49,197
370.610
130,106
193,150
66,298
341,010

S
Uous. &Tex. Cent'lf Gross.

Ntt...

26,.55S

s

$

20,636
56,087
1,307
8,469
541,846 1,649,277
135,370
515,290
444,667 1,534,429
154,304
485,266
4,494,801
1,504,084
38,823
149,002
10,853
57,502
411,927
162,394
58,298
250,701
<i5,378
14,741
477,947
143,500

£

315,087
85,-22
62,047
10,530
18,245
3.674

Net...
Chic. & Gr'd Tr'k. .Gross.
Net...
Det.Gr.IIav &Mil Gross.
Net...

St.Louis

2,000
1,017

r-Jan. 1 toMar. 31.—
1889.
1888.

£
Gr'd Tr'k of Canada Gross.

544
..

93,778
27,838

..

Gross.
Net...

>

Net...

1.118
C.979
....

55.332
23,154

Rome Wat. & Ogd. .Gross.

59
148

.

Bull. Ced. Bap.

Net...
Gross.
J Net...
KnoxviUe & Ohio. Gross.
Net...
July 1 to Mch. 31,1 Gross.
9 months
JNet...
Ft.Wrth&Denv.C'y. Gross.

July 1 to Mch. 31,
9 months

Mexican National ..Gross.

returns for each road being published here as soon as received
but not kept standing from week to week. The figures cover
the latest montti a^d the totals from January 1, and also the
totals for the fiscal year on those companies whose fiscal year
does not correspond with the calendar year,
lifarch.
^-Jan. 1 lo March 31.1888.

509,960
155,905

&

=

For week ending' May 4.
Net Earnings Monthly to Latest Dates.—The tables following show the latest net earnings reported this week, the

lf'89.

EastTenn.Va.&Ga.*Gross.

Denv.

6,877

464
1,22

*

Moads.

5,631
579.608
201,631

Net...
Louia. N. A'b. &Cnic.Gi'o.s3.
Net...

1,309

s

20.9.57

2,006

578

1888.

$

Net...
Klo Grande. Gross.
Net...

272

18.000

14,:i36

50.036
23.421
16,798

Decrease.

Gross

. .

1889.

XL\1IL

'
t
;

Including Knoxvil'c it Ohio.
These are figures as corrected by the company.
Including Montana Union.

1

May

:

THE CHRONICLE.

18.V1880.I

ANNUAL REPORTS

.

Cnnndiaii I'ncillc Railway.

land

sales, less the expenses of the land department, going
for the presem. towards the oxtinguishment of the debt upon
the lands, the arrangement works practically as a sinking
fund. It is expected tnat the annual receipts from Vancouver
and other town sites, together with the surplus proceeds of the
Manitoba Southwestern lands (the property of your company),
will cover the interest on the land gi-ant bonds, leaving tlie
ordinary revenues of the company intact."
Tlie net proceeds of land sales in 1888 were $334,786.
The following was the position of the land grant at Dec. 31:
-.

Aerfji.

.

25,00(>,000
ti,7!)3,014

is,20fi.986

Sales to Dec. 31, 1888

3,399,450

Quantity of land unsold...
14,807,i536
\ ' Tlie earnings per passenger per mile for the past year were
1'79 cents, and per ton of freight per mile 1"03 cents, as compared with 1-98 and 1-006 respectively for 1887. The decrease
in the rate per passenger per mile was chiefly, if not entirely,
due to the large increase in emigration to the Northwest and
British Columbia as compared with the previous year the
emigrants being carried at exceedingly low rates.
"Tlie results of the past year's working have not proved so
satisfactory as was anticipated at the date of the last annual
report. This was mainly due to the exceedingly light crop of
Ontario in 1887. Nearly all of that crop was moved before the
close of the year in which it was harvested, leaving but little
to be carried in 1888. Ontario, in jwint of traffic, being equal
to nearly half of the entire Dominion, a crop failure there is a
most serious matter, affecting as it does passenger traffic and
trade generally. The deficiency in Ontario was fortunately
more than made good by the development of business along
the main line, and of the through ti-aflSc to and from the
Pacific coast but the through traffic had to be carried at
rates affording comparatively small profit, and the net earnings for the year, while §366,656 in excess of the year before,
were not in proportion to the increase in gross earnings."
The completion of the Atlantic
Northwest Railway (the
company's leased line to tlie Maritime Provinces) was delayed
by unfavorable weather as well as by unexpected difficulties
in construction. It was not quite ready for traffic at the close
of the year, but will be fully opened, on the 2d June proximo.
"The company has obtained the authority of ParUament to
issue debentures to cover the cost of steamships, with especial
reference to a service between Vancouver and China and
Ja[)an; but the Dominion Grovernment being in negotiation
with an independent company for a fast Atlantic steamship
service, and a first-class service between Vancouver and Australia, your directors are disposed to surrender the proposed
Japan and China service to the same company if favorable
arrangements can be made; otherwise you will be asked to
confer ujwn the board the necessary authority to carry out the
contract with the Imperial Government, the terms of which
have already been arranged, for a line of steamships between
Vancouver and Yokohama and Hong Kong." * * *
" The town sites along the line which have, as far as possible, been secured for the benefit of the company are contribThe sales from town
uting handsomely to its revenues.
sites last year were $519,827, and the total sales to 31st December last have been 81,399,337. Only a small proportion of the
company's interest in town sites has, as yet, been dis]X)8ed of,
and its receipts from this source will rapidly increase as the
country increases in population."
The comparative statistics, compiled for the Chronicle,
are as below
OPBRATIOSS AKD FISCAL RESULTS.
181^8.
18S6.
1887.
5.075
4,464
4.960.
MUos operated Deo. 31
2.280.049
3,057,089
1,899,319
Passengers carried. No....
212,7ii6,865
150,4fi6,149
174,687,802
Passengermlleage

—

;

:

Rate perpiisaongeriH' uilio

Kat« per ton per mile
£arnin</s

—

210ct«.
2,016.195
5.5.i,4:J8,lD9

llOcts.
$3,170,714

Passenger
Freight

6,1 12,3 •JO
798, 710
Mai!, express and mi.-.c'us.
Total earnings
$10,081,804

Expenaes

—

Ma iitf nance of way, Ac..
Motive power
Mainteimnce of cars
Trail sportitlou

Ml.sefUaneoU3
Total expenses

Net earnings
Perct,of op.exp.toearu'ga

1-9S

cffl.

2.144.327
687.786,049
1-006 Ota.

1-0,: eta.

1.228.46.T

$li,6U6,413

$13,lsr5,&jb

2,4-8,388
552.6b2
1,513,166
523.033

$1,871,178
2,969,717
6iy,"54
1 831.210
818,138

$6,378,317
$3,703,487
63'26

$8,102,295
$3,501,118
60-31

$1,270,4(58

1-79 etc.
2,498, 57
784,97.',511

$3,800,834
8,017,314
1.377.338

$3,453,818
6,924,130

pr

gnm

1880.

$3,708,487
3 068.042
i)>«i35,449

^

nm

Tot. ijross eaminj^a

3,093,513
2.1- 9.543
903,97b
70-77

Oper exp. and taxes
Net earnings
P.O. op. ex. to eam'8.

2,933,309
.!, 132.4 04

2.-i25.!>'6

",818.076
2.07 <;.t!29

800,905

7=0.u,>6

771,147

7209

74-04

3,005.9S2

72

ftl

ISCOMB ACCOUNT.
1885,

—

Other receipta
Total Income

—

Ditburaetnenlt
Interest on debt
Const'n . iiuprovem't,
equipment, &o....
Tot. dlgburscin'ta

Balance..

1886.

18S7.

18E8.

$

$

«

780.057
05.7V9
875,346

771.4*7

987,7ti8

800,905
63.258
b64,157

742,275

749,893

767,127

771,130

5rt,fl25

140.067

$
903,970
83.7S8

Receipts

Neteamlnga

137.775
880,050
sar.107.713

806,8-.^3

8ar.57,334

61.2-<2

832.729

247.«;6^
tH>7,194 $1,018.7I«»
dot.31,348 der,l86,070

GENERAL INVESTMENT NEWS.
—

Called Bonds. Two hundred and seventy North«>i- VxAPir
General First Mortgage bonds have been drawn for
a
fund and will be paid at 110 and accrued interest b..
July
1.
tral Trust Company on presentation, interest ceaniug
The numbers of the bonds drawn are givej in our advertising
columns.
Centreville Moravia & Albia. A circular was issued from
" •'
the general offices of the Keokuk & Western Eailwa
;

—

stating that on and after June 1 that coraixiny v
Albia Railroad,
operate the Centreville Moravia
from Centreville, la., to Albia, la.

&

>

t..;

^

Chicago & Af l.inlic— The lawyers are preparing a pctirion
to be filed before Judge Grcsham asking the app<>inrment of a
Atlantic Railwav. The petitioners
receiver for the Chicago
T. Co. of New York and V. T\
will be the Farmers' L.
While a default in the interest
Malott of Indianapolis.
upoal
is the reason assigned for the action, the fact i>n of
has been granted certain bondholders in a r.
the United States District Court, which, if all>i.-- •. i-. i«ke its
course, would delay the reorganization of the company pooaibly three or four years. Getting the road into the hands of a
receiver, it is supposed, will enable the first mortgage bondholders to move with promptness for a forecloeore sale.

&

&

Chicago Burlington & Oiiincj.— At Chicago, Jlay 15. the
annual meeting of the stockholders of the Chicago Burlingtoa

Quincy Railroad Company was held at its general offioaa^
old Board of Directors was re-elected, except that itiell' 5H4.220 ard Olney of Boston was elected in ptac
2, '54.694
deceased. The members of the board an
1,127.159
Forbes, Charles J. Paine, John It Oaniner. "
$9,321,761 Jr.. Francis W, Hunnewell and Ricliard Olne
Sc

$3,8:0,775
70-66

Jetferson Coolidge of Manch«-ster, Mass.: J.
and Peter Geddes of Now York, Wirt De.xt<?r oi c
Charles E. Perkins of Burlington, Iowa. There w
shares of stock represented, and the meeting was eu

1887.
$3,'i04,U8

1888.
$3,870,775

3.-i50.264

3, .'ill ,35

$253,854

'

•

$2,2"3,7«6
3,224.923

INCOME ACCOCNT.
Nft earninm"
Fixed charges

Northeni Railway.

("For the year ending Deeember 81, 1888,^
The annual report
that the year 1«B ha* not h,^ •
pronperoua one. The tonnage carried waa lew tban in 1 Hi*7, both
in local and throufrh buainess, and waa carried at a lower
rata
PJ^.JSS iSf '";}«•_>'"» •bowing a decreaae In freight earningii
of 1189,689.
Various causes have oontribntod to f >"- " ".Mr
the rate war and strikes in the flnit half of the von
ui»
last three months the earnings wore reducwl alx.iii
,n
account of the mild weather, which decreased the Uviuaod for
coal nearly 1,000 cars
month. The jMUMenger- boaineaa
shows a small gain of $19,349, and the earnings rrr>m the mail
and express aJso increased $16,57'3, showing a loos in
eammj?8 of $157,887. The closest economv has ),oen nsed in
operating the road, and the reduction in opirating expenaea of
5H»,276 nearly made up the loss in gross e.irning<.
The physical condition of the property has not been allowed
to deteriorate, except in th» lo«s of cars, which hare worn oat
and have not been replaced— it having been deemed ot greater
iiniwrtance to keep the track and bridges in good renur than
to replace the cars at the present time.
The very favorable weather for the first four months of the
present year (1889) has enabled the company to show an increase in net earnings of about $70,000, inmt\y on accomit of
decreased operating expenses—the gross earnings havinz in«
»
creased only $17,000.
The rates made by the Iowa Railway Commissioners arp now
in force on all the railways in the .State. No wholi
- '-ir-tions have been made in the number of men emplu
n
policy has been not to fill the places of such men a
absolutely necessary. By such means the pay-rolls art; now
reduced on an average of 10 per cent below previous vears.
The passenger train service has been reduced about 400' miles
per day, and freight trains are
only suflBcient to do the business.
Statistics of operations, &c,, for four years, compiled for the
Chronicle, are as follows:
rtSCAL BESOLTS.
1885.
1888.
1837.
1889.
Miles operated
990
1,'4«
1,039
1.049
Eaniinyii —
S
$
«
«
Passenger
691.1T4
662,483
692.129
707.379
Freight
2,284.542
2.14I.&16
2.174.174
1,98 I, .53.^
Mall, express, Ac...
117,797
l.i9,178
15ii.lm
139,«.59

&

Fri-ight (tons) carried
Freiitlit (tons) mileage

*

Cedar Rapid*

BorliiMrtoii

my

f'For the year ending Dec. 81, 1888J
Tlio report of Mr. W. C. Van Home, President, states that
" the interest on the l.ind-grant bonds, while an obligiition of
the company, is not included in the fixed oharges, liecaus*; the
interest paid is chargeable against the land grant and will
ultimately be returned to the sl^ireholdors. The ])roceeds of

Original srant
Surrendered to Oovernment under agreement of 1886

am

$326,424

The

I

I

>

monious.
A Chicago report states tlrnt daring the strike of -i ..juthe Chicago Burlington & Quincy issued $4,000,000 ot stMirt.

—

,

—

^

,,.

THE CHRONICLE.

^^62

Of the $5,250,000 bonds sold since January 1,
to cancel these notes and |1, 350,000 to provide
new equipment. The bonds were issued to meet tlie losses of
last year and to pay for 1,000 freight cars and other equipment
purchased by the company. It is said that no more Nebraska
extension bonds are to be issued.
time paper.
^4,000,000

1

is

Cleveland
Indianapolis

Columbus

Cinii.

&

ludiHiiapolis

— Ciuii.

Lonls & Chicago — Indianapolis &
The proposed consolidation of these raUSt. Loai?.
J-oads has heretofore been noticed and the general terms
On the 15th inst. special
stated
in the Chronicle.
meetings of the stockholders of each company were held,

—

St.

At the C. C.
action of their directors ratified.
I. meeting, 133,933 votes were cast out of the total stock,
of 150,000 shares, and all were in favor of the consolidation.
Of the " Big Four" C. I. St. L. & C. stock, 82,317 shares out
of 100,000 were voted— aU in the aflarmative. The Indianppolis
St. Louis stock of §500,000 is controlled by the C. C.
I.
and was all voted in the affirmative. The new comCliipany will be called the Cleveland Cincinnati St Louis
cago. It will have §50,000,000 of stock and there will be fifteen
directors. Seven of these must live in New York, and they are
and the

C&

C&

6

&
,

&

'

[Vol.

New York New Haven & Hartford from New Haven to New
York was ended, the Housatonic Road being defeated. The report of the majority of the Raih-oad Committee was adopted,
which includes the passage of a

bill providing that no railroad
Connecticut shall extend its lines unless it shall be shown
to the satisfaction of a Judge of the Superior Court that the
necessity for such extension exists. The Housatonic is controlled by New York & New England, which company is thus
defeated in its immediate purpose, though it has become and is
likely to remain a corporation whose importance in the New
England raih-oad situation cannot well be ignored.

in

—

&

N. Y. Ontario & Western. Tlie Scranton
Forest City, the
Forest City
Pennsylvania
State Line and the Hancock
railroads, on which the grading is about to begin, have been
consolidated as the Ontario Carbondale
Scranton Raih'oad.
The new line will give the New York Ontario
Western
Railroad an entrance to the anthracite (Jbal fields.

&

&

N. Y. Statp Railroad •(.^The reports below for the quarter
31, have been submitted to the Railroad Com-

ending March
missioners.

.

Iloslon

1889

it

—

Alb my
1888
$1,859,143

—

X. T. Chie. <t St. L.
1888.
1889.
$1.3120"2
$1,243,1^.2
.

;

978,458

1,007,062

$264,7S4

$301,990

t$200,3C0

$200,000
30,000
20,935

30.0!)0

18,051

;

$24:i,411

$250,935

$16,323

sur. $.o4,055

sur.
.

,

for argument on the 21st inst. Judge Burke
holds that the consolidation is illegal under the statutes of
Ohio, and also claims that it is inequitable for some of the
parties interested; but as the case comes up so soon it would
he premature now to discuss the various legal points raised.

Wyandotte & Northwestern. — In mentioning

Kansas City
this road last week reference

was made

to a loss of track

Ta-x.s
Rental-,

7d.398

$57,118

5,285

$57,918

119,5t0
5,' to

$58,033
7 3-n4
868

$54,529
8,744

$507,961
8Ur.$508,141sur. $397,950

$66,255
del. $14,465

$04,041
del. $6,123

160,6 J6

4,972

$537,271

Balance

8-,017

$16,505

$51,790

Ac

Total

—

Oprf. db L. Vhiirip.
188S.
1889.
$134,316
$l:i5,122

.

come up

&

&

$1,998,096
Cornelius and William K. VanderbUt, Chauncey M. Depew, J. Gross earnings
1.493,564
Pierpont Morgan, George Bliss, H. McK. Twombly and Jas. Operating cxiieuses 1,414,809
D. ikyng. Eight must live in Ohio, and they are S. J. BroadNet earnings... $584,187
$365,579
Deduct —
\vell, Alexander McDonald, Orland Smith, M. E. IngaUs, W.
lutirtst
on
debt
...
$165,725
$165,725
Amos Townsend and Truman P. T.ixes
I". Anderson, of Cincinnati
38,603
19.934
Handy, of Cleveland, and Benjamin S. Brown, of Columbus
Rentals, >S;c
19.500
19,500
M. E. Ingalls, of Cincinnati, wiU be the President, and J. D.
Totiil
$223,828
$205,159
Layng, of New York, the Vice-President. June 24 was fixed
Balance
8ur.$360,359 6ur.$160,420
Xipon as the date of the first joiut meeting of the directors of
-Manhatian.
both companies. Then the matter will be as nearly completed
1889.
1888.
as is possible without the presence of Mr. Vanderbilt, who will Gross earning.s
$2.26 .,022 $2,099,718
not retui-n from Europe until about the 1st of August. In the OperatingcxiJcnscs. 1,239,110
1,215,518
meantime nothing will be done, and the injunction suit of
Net earnings.
$83-i,200
$1,023,912
Judge Stevenson Burke will come on for argument.
Other Income
21,30J
21,711
Judge Burke procured an injunction against the consoUdation, biit by consent of coimsel it was so modified as to allow
Total income... $1,045,412
*905,911
the meetings to be held on the 15th, and the consolidation
Deduct —
$381,663
$383,381
ratified jiro forma without prejudice to his case. The question Interest on debt....

will

XLVII I.

.— i.

St.

<t

1889.

Gross earnings
$4,222,819
Operating expenses 2,721,324

Mich. South. -,
1888.
$1,279,498
2, 62,837

—1889.

769

voHie W.

,

$719,858
465, "31

—

Ogd.
1388.

<t

$686,519
440,2.37

$216,262
J-ental and this may have been misleading to some readere.
$254,027
Nitearnlugs.... $1,501,493
$1,716,661
8,087
9,413
57,0 1
69,727
TTlie company had an agreement with the Chicago St. Paul & Other income
Kansas City Railway for a connection at Leavenworth and
$254,349
$203,440
Total Income... $1,571, 'i22
$1,773,732
the payment of trackage rental, but this cormection having
DtducI—
$•43,754
$155,214
$827,716
been delayed there has never yet been any such payment, and Tntercsl on debt
$825,372
3 i.UOO
33,000
120,000
120,000
no loss of income to the Kansas City Wyandotte & Northwest- Taxes
49.889
74,606
129,<54
Rentals
1.9,354
ern. The road's earnings in 1888 exceeded its interest charges
$226,643
«,nd the officers feel confident from the present outlook that
$262,820
Total
$1,077,070
$1,074,726
the road wiU this year earn considerably more than its fixed
sur. $021 sur. $27,700
Balance
sur. $4a6,<96 sur.$690,6C2
charges.
^D. L {£ W.L'9etl Lines.— ^ y. Y. Ont. it West.
188'.'.
1883.
1888.
1889.
Minneapolis & St. Lonis. At Minneapolis, May 11, the
$330,406
$352,252
$1,206,270 $1,477,483
Central Trust Company of New York, the trustee of some of Gross earnings
309,220
3i2.657
661,434
"xpi
rating
uses
t07,174
Opt
the bondholders of this road, made a motion before Judge
$21,136
49
$39,595
$816,'
Yoimg that the receiver of the rtad be ordered to pay the
earnings.
$399,096
Net
Deduct—
interest due October, 1888. They represented that the net earn$45.0C0
$18,000
$37,000
$32,000
Interest on debt..
ings of the road up to January 1 were something over §56,000, Taxes
14,0i)O
13,500
8,uoo
11,500
5,305
«nd that the interest amounted to about §41 ,600. Judge Young Rentals, kv
5,163
5
7,749
507,749
denied the motion, without prejudice, on the ground that the
$63,805
$551,249
S07,463
$552,749
Total
•action is set for trial June 17, and that it is not policy to raise
def $153,653 8ur.$264, SCO del.$27,868 def.H2,619
Balance
issues that will have to be adjudicated at the ti-ial.
^Syamse B. X. T.-^
— -Long Island.
1888.
1889.
188;<.
188?.
Missouri Kansas & Texas. At the annual meeting held at
$lf.:^.On«
$174,145
$-69.-.;99
$5i2,8
9
Parsons, Kansas, on the loth inst., the following Board of Gross earnings
108,) 96
107,048
464,653
Operating expenses.... 483,2-;
TDirectors was elected: R. V. Martinson, H. K. Enoa, William
$65,349
$.i8,196
$46,018
Dotvd, E. Ellery Anderson, William Bond, Simon Sterne,
$d6,023
Net eai-nings
7,937
4'.',614
34,853
Jacob DenufviUe, Samuel Sloan, George J. Forrest, H. R. Other Income
Baltzer, Maynard C. Eyre, of New York; H. C. CYoss, Em$4(i,<'18
*^73,286
$i20,876
$100,810
Gross Income
44,903
poria, Kan. ^ B. P. McDonald, Fort. Scott, Kan.; Lee Clark, Int., taxes & rentals.
14,905
14-,6U3
158,288
Parsons, Kan.; James C. Thomjjson, Sedalia, Mo.; John
bur.$28 381
sm-.$l,113
dcf.$37,412
Balance
dc'.$47,793
Hancock, Austin, Tex. Each received the entire number of
^X. y. Luke Erie it Wel'n.^
votes cast. The only changes from the last Board are Messrs.
1888.
1889.
Eyre, Clark and Hancock, m the places of Messrs. Kelso and UrofS earnings
$6,01i8,881
$5.74 -,659
4,013,542
the
meeting.
President
Herndon, and to fill vacancy. At
3.775 617
Operating expenses
Martinsen, H. K. Enos and Simon Sterne voted 120,000 shares
.$l,973,fi42
$2,0.55,339
carnm.as
Net
and
separately,
Mr.
jointly, and Mr. Enos voted on 110,000
517,153
53;i,938
Less percentage to le:ised lines
Martinsen on 90,000 shares.
$1,538,185
'01
$1,440,
Nashville Chattanooga & St. Louis.— The gross and net
155,081
i07,503
OtiMriucome
earnings and charges for April and the ten montlis ending
$1,693,266
..$1,047,607
April 30 were as follows:
Total income

—

.

—

:

.

—

April.-

.

Gross ean in«8
OjieratiDg expenses....

Neteamlngs
and taxes

iiterest

luprovements

Surplus

.

.

^lOm'/i. July 1

to

Arr. 30

1888

if:232,2«3

1889.
^2,753,098

$2,610,1)7.)

144,J75

l,«14,9';i

I,t-5,:J'.J2

^102,003
$72,313
2, "22

$87,988
$63,012
12,827

$1,138,127
$725,812
49,941

$1,12.\3 = 3
$024, C9 I

$74,333

$75,839

$775,783

$748,700

$27,668

$12,149

$362,'44

$376,653

1889.

1888.

$258,28S
15-',28.5

121,006

New York New Haven & Hartford— llonsatonic—NfW
Tork & New England.—At Hartford, Conn., May 16, the long
"Contest in the

amend

its

House over the Housatonic Railway's

charter so that

it

petition to

could build a road parallel to the

Deduct —
ntereston bonds

r.ixes
iteutals, Interest

Xotal
Balance,

"d

on equipment, &a

licit

—

.

rf-

$1,174,932
136,330
55i,t63

$l,-'90,«24

$1,»62,925
$:15,318

$1,845,074
$151,808

9,310
514,910
1.

Oregon Paciflc. Among the railroad enterprises o this
ear none are more interesting as to location and projected
oute than the Oregon Pacific. Tliis is by no means a new
oad, having been in operation for some time, from Y'aquina
3ay on the Paciflc Coast eastward to Corvallis, and thence to
ireitenbush, a distance of 136 miles. The western terminus of
he road, Yaquina City, is remarkable for being tlie only good
-larbor on the Paciflc Coast between the Columbia River en-

7

May

«.

. :

THE CHltOMCLE.

18, 1880. J

trance and San Francisco.

U

ms

and linn a d»>iith l>t ID<i
9t»Amjof
(I nil
of wa'er now of 24 feet on the bar, as ri'i^irted by Mr. Stewart,
.«.«..«-»
„..*::::::
.:
a civil en^ii eor, wlio made a re[H>rt for the companv from nn ^r »;..,«:
examination in 1888 of tlie road and its torniiniis. thiH depth
Totjil
••••«••••*«•.
of water will bo increased by the (rovernment work now in hdlik U'tn\
Htook luillaicd..
proKress. and ex{)ected to be "completed within a year.
The roatl runnrnj? eaitwaril from Yaquinn goes throiif^h a
To'mI
*ll ..1-H..1K,(>
fine agricultural country to Corvallls and the Willaim-tte CrtriKti
piilil In 1948.
••>>••••••«•
'.... •ri-<'.-.7a
Valley, thence to Albany, and crosses tlio Willamette Kiver Cur tru^t•alselQ 18D8...
.... ifJTl,-. II
by a substantial bridge, aflerward running up the Santiam
vLOaTINo oRbt akd Amrr-i fkii. 89, 1889.
River through fine timber lands, and crosses the Cascade
Suelt.
Momitains through the lowest [hoss known, where snow shmis Cash.
»n»i»ffl nmteriiil.V.V.*."^"'.".!
i?»'53
are not u.sed and there are only two small tuimels. Tlien .VaiTow
Finn Kiiiir
It

Ian(l-l<x>ke<l,

I

,

.

down

the eastern slope tlirough what is claimed as the great
wheat coimtry of the future, and on through a fine grazing
country to the east end of the line near to Boise City, where
connection will be ma<^e with the Oregon Short Line of the
Union Pacific.

*

Hiirrui™ u>kg i»t mort<(a,'e bon<t».::::::;.';:::::
BlllH rocolviilple
1)110 from dtiiilon nKont^Biiil (•nnihicton".'.'"."'.'.
Dill' rmui ether roiuJi, ladlvliliUkU. etc
.Mcrcanilli) TriiHt Co
"'.'/.'.'.'..
Bnlanco iod<-l>i(
•.V/J^

over §12,000,000

(a controlling

interest) of the stock of

m4»i

4"i''i^
58.1

i

',<>

4iI.4IO.9SI.

little

the

iSaoft
74'40*

'.'.'.'.'.'.'.'.'.'.'.'.'.I'.

'"'''»'

Oregon TransContlnenlnl.— This company owns a

imSSa

LiabilUia.

..
.^
Vouchor*

«jj.,

H-.

*^o^

Oregon Railway & Navigation Company, and about $6,000,000 i'<» rolls
..:...::::..;.::::.::::::::
payable. lonoH anil BiipiillM
"
i*t'mii
Northern Pacific preferre<l and $13,915,000 of the Northern Pa- Nob'H
Arkansas tax.», 1888, due Ajirli 10, 1889.._....'..1
laSi
cific common stock. The annual election takes place on June 1
Arkanxno taxes. 1889. nccraed
in^Mt
and the books closed May 17. Tliere has been a sharp contest Iut( rest due and accrued
I.!I1"II"1J!1111
SSliaOO
for control between Mr. Villard. now President of tlie com^"'»'
ijil, 110,991
pany, backed by the Northern Pacific interests, and Mr. Elijah
Sonthern Pacific Company.—The following is a comiwni*
Smith and his toUowers, backed by the Union Pacific interests.
At a recent meeting of the Board of Directors it was voted to tive statement of the earnings, expenses and fixed charges { i
this company for March and from January 1 to Ma
ch 31
authorize the isyue of $10,000,000 new preferred stock. Tlie
Smith party supjwsed that_this stock was to be, or might be, The total mileage is 5,946, againct 5,584 last year.
-.
Vareh.
Jan.
I (0 Xar. 31.—
issued before the election,
they procured a temporarv inumfseamingt—
1899.
1889
1889.
"
1888.

^d

against
such
issue.
In
his
affidavit
Mr.
Villard
stated
that
there
was
no
intention
of
issuing the stock
for
election
purposes and further
said in explanation that the
floating indebtedness of
the company is large, and the policy of the management has
been to fund this and secure sufficient additional capital to
enable it to pursue its business.
plan to effect this purpose
was suggested last April, but failed because of the withdrawal
of the Short Line and the Union Pacific Company. Then the
Executive Committee resolved to issue the $10,000,000 stock,
guarantee a dividend of six yter cent and secure it by liypothecating the $12,000,000 of Oregon Navigation stock and present
the matter at the coming meeting of the stockholders. Mr. Villard dejlared that he had only given his counsel instructions
to prepare a resolution to this effect, and to have the plan
cajTied out as far as it was competent for them to do so, and
then to submit it to the stockhcilders. Nothing had been done
to prepare the certificates nor issue the new stock, nor to
pledge the Oregon Navigation stock.

junction

A

Richmond Terminal— Richmond & Danyille.—At a meeting of the Board of Directors of the Richmond & West Point
Terminal Railway & Wareliouse Company held last week it
was resolved to purchase all the outstanding minority stock of
the Ricbmond & Danville Railroad Company, amounting to

Pacific

system

Atlantic system...

Total inntM
yet enrningg
PbcIHc system

. .

—

...

Atlantic system

.

Total net
Rec'ptsoth.sonrres
Rentals leased lines

$2,525,809
926,220

92,827.054
1,005,836

?3,4.5?,029

».(,8^2,890

•7,307,166
2.808,2.59

$10,115,425 $10,002,448

$741,121 $1,010,017
21?,8Si
338.961

$1,910.<:01

677,819

843,706

$955,003

$2,58?,710

$3,433,623
f9.930
143,173

$1,348,978
2:',069

46,421

47,724

139.2iB2

Tot. net Income $1,001,424
Fixed oh;,rge8*.... I,430,3(i6

$1.41i,771
1.307.921

$2.727.<»72

Net profits... df.$12?,942

4,36«,972

$11 1.930 d'.$l,639.000

the Terminal capital stock a

The

boiids are already authorThis increases
over ten per cent.

will be required.

little

196,677

'

nross earolnss from all lines
Oi>eratiDK expenses and taxes
Earaln;.8 0vrr expeosrs

$15,170,585

lueomu from < ther sourcts
tentalu. Interest

and flxedcharfres paid

Ba

I

*

$46,775,969
31,50 '.SSS
2,149.77<>

...

$13,931,883

Net pmfltSo. Pae. Co. and proprietart I'ncs
Propoitlonof profit payab'e to proprietary lines

stock at ^26 per share.

df.

were as follows

having been purchase<l by the Terminal Company about two
years since. The holders of this stock at that time failed to
accept the offer of the Terminal Company for their st<x:k.
Finally the holders of this minority stock have consented to
sell to the Terminal Company, accepting in payment for each
ten shares of Richmond & Danville stock one of the new 5 per
cent Terminal Company bonds for $850, and the balance in

and 42,635 shares of stock

$3 666 724
3>- 3,'403

Includes Interest, rental.'), addition-i and bottermonts. Central Paeiflo
gaanintee, taxes and United Staien dues.
The results of ojierations faverage 5,758-41 miles) of railroad, also steamships, for the year ending Dec. 81, 1888

Betterments paid

common

$2.989.!»17

*

7,390 shares out of the total capital of 50,000 shares, the balance

izetl,

r7.7i0.927
2,001,519

y lessee

anfc, 8Uiplu« So. Pae. Co. for the year

Bl^ 3?6 '^^
K!U^

"

722,018- 14,653.901
$2.6?2.49<
1.463,088

$1,309,871

Wabash.—At Chicago, May 15, James F. Joy and President
Ashley, the Wabash Western Purcliaaing Committee, bought
nine divisions of the Wabash Railway for $15,500,000. la
March they bought the Chicago division. According to the
terms of the decree rendered bj Judges Qresham and Jackson, the road was sold first by divisions and then as a whole.
The sale bringing the most was to Ix; the legal one. The nuHter in chancery, Bluford Wilson, conducted tliesale. Theother
bidders were the Popper-Johnson syndicate, representing the
minority bondholders, and the Wabash Purcliaaing C-ommitThe Popiwr-Johnson syndicate were the guccosRful bidtee.
dors on the first three divisions, as follows: Indiana division
$3,650,000; Great Western (lUinoU division), 18,850.000; Decatur & St. Louis, $4,000,000. The Wabash Western Purchaaiiig
Committee were tlie successful bidders, contingent on the
amount brought by the road as a unit for the other divisions as
follows: Quincv & Toledo. $500,000, Illinois & SoutlK>m Iowa,
$300,000; Hannibal & Naples, $500,000; Ohio division, $3,840,595; two small branches, $100,000; total, $15,640,908. Tbo
ui>set price tixed in the decree was $18,880,0(i() and the sale
thus made would have stood bad not James F. Joy bid $13,There was no other bid and
'550,000 for the road as a unit.
the road was knocked down at the unit price. Preibdeat Ash-

Lonis Arkansaii k Texa.s.—The appiointment of President S. W. Fordyce as receiver of this railroad has been confirmed in the three States through which the road runs. His
appointment is in a suit begun by the Central Trust Company
of tliis city, trustee of the first mortgage:
No event could be
more favorable for the bondholders and for all persons interested in the real welfare of this large property than the appointment of Mr. Fcrdyce as receiver at ttiis time. The worst
thing that could have happenetl would have been for the company to drift along in a helpless conilition, borrowing money
at an enormous sacrifice, and finally to have gone into the
hands of a receiver, after an immense floating debt had Ijeen
run up, which the lenders would probably have endeavored by
every means in their power to have placed ahead of, or on an
equality with, the first mortgage bonds.
The property will be well managed by Mr. Fordyce. and the
bondholders will be in a position to know just what is done ley said after the sale:
and to have their voice in all matters of agreement as one of
"The amount brought by the sale is to secur* the first and
the contracting parties. It would be vastly better for them second mortgages on the (3hio division and the first mortgagee
We have alrea<lv issued $34,000,000 flfty.year
to fund their coupons for a year or two rather than make a on all the rest.
reduction of interest for the whole long term of their Inmds, 5 i>er cent lionds on the consoliiJated systen-. Of tiiis amoant
such reduction to go for the benefit of the junior seciiritv $11,741,000 will be used to pay off the first mortgage boods of
holders who have really put very little money into the road. the Waba.sh Western. This leaves $22,2.59,000 mortcags on th»
Should a working contract with the Gould roads be found to lines ca.st of the Mississippi River. To this we wUladd $14,be the best metho<l of dealing with the proi)erty, the bond- 000,000 second mortgage nitv-yeax S per cent bonds, ••^t'*^ ^
holders wish to have some voice in such a contract, and they tot'd bonde<l in<lebtednees of ^,890,000 on the line east of the
will now be in a position to exercise their proper weight in any Mississippi. To this, however, should be added the $30,000,000
agreements made for the ultimate disposition of the affairs of debenture Ix^nds. deixjnding on the income of the roiu!. There
••
• •
is also $.")2.0(X).000 in stocks.'
We will consolidate tho
the comimny.
There were apparently serious errors in the balance sheet Wabash Railway and Wabash Western into one cyateni hj
items publishe<i in the St. Louis papers and referre<l to in the August 1. and will probably call it the Wabash Railrowl ComChronicle last week, and although the annual report for 1888 pany. The headquarters will be in St. Louis, and the consoliaated system will be under the present Wabash Western manis not yet out of the printer's hands, the CimoxirLE has been
Buppied with the following information from ofticial sources: RgemeDt.''
St.

THE CHRONICLR

664
^Itje

[Vol. XLVIII.

COTTON.

(S^ommzvtml jinxes.

COMMERCIAL EPITOME.
Friday Night, May

17, 1889.

May

Friday, P. M.,

The Movement of the Crop,

17, 1889.

by our telegrams
For the week ending

as indicated

from the South

to-night, is given below.
evening the total receipts have reached

this

against

13,487 bales,
38,242 bales the previous

week and

22,411 bales last

Copious rains have" fallen over large sections of the country week; making the total receipts since the 1st of Sept., 1888,
relieving the apprehensions that liad begun to be felt that the 5,453,068 bales, against 5,331,154 bales for the same pei-iod of
crops would be damaged by drought. But throughout the 1887-8, showing an increase since Sept. 1, 1888, of 131,914 bales.
cotton-growing region the moisture has been quite insufficient,
Mem.
Sat.
Tues.
Receipts at—
Wed. Thiirt.
Fri.
Total.
and the drought has become quite serious. Speculation has Galveston
G67
119
344
238
336
1,T04
been unusually dull this week. In the grain markets prices
El Paso, &c...
398
398
301
213 2,606
444
167
are so low that bears have not sold freely and the bulls show \ew Orleans...
572
4,303
25
29
33
1
9
89
136
no courage, in view of improved crop prospects and dull Mobile
Florida
foreign markets. In cotton, on the contrary, ptices are so
51
32
Savaunali
37
45
21
194
380
high that the danger of a scarcity will not promote buying.
Brudsw'k, dkc.
35
35
Yet the bears have Utile courage to sell for a decline; the re- Charleston
288
33
423
137
294
4
1,179
Tort Eoyal,&o
113
113
sult is, great dulness. In regular trade there is much com!

plaint of unsatisfactory business.

"^The market for lard on the spot has steadily declined, until
today, when the close was fairly steady, though still quiet at
6'55c. for City,7-15c. for prime Western and 7'20@7-50c. for refined for the Continent. The speculation for future delivery has
also been at declining prices, the effect of increased receipts

of swine at Western markets

when

there

was a

—

until near the close to-day,

slight recovery

on a demand

to cover con-

tracts.

DAIXT CLOBmO PSICBS OF LABD FUTUBES.
Saturd'y. Mond'y.Tuesil'i/.Vedti'sd'y. Thursday. Friday.
7-13
7-26
7-20
7-11
deUvery....o. 7-30
710
7-10
725
718
712
June delivery.. ..0. 7-26
711
7-29
7-22
7-15
715
712
July deliver. ... .0.7-29
7-31
7-27
7-16
718
7-19
Aug. delivery... .0.7-33
7-22
7-35
7-20
3-23
730
Sept. deUTery....c. 7-36

May

Pork has partially declined but was more active at the reduction and closes steadier at fl2@|12 25 for extra prime,
$13@$13 25 for new mess and $13 50@$15 for clear back.
Cutmeats have continued rather slow of sale, with the course
of prices still irregular; pickled hams having advanced, while
nearly all other "cuts" are easier; to day the sales embraced
13,000 lbs. clear bellies, 13 )b. average, at 6%c. and yesterday
the same, 15 lbs., at 63^c., but pickled hams brought llj^c.
Quoted, pickled bellies, &ye,@h%c.\ shoulders, 5J^@5|^c., and
hams llli@ll}4c.; smoked shoulders. 6i^@6i^c. and hams, 12
@12}^c. Beef is nominal at f6 75@ $7 lor extra mess and $9 50
for packet per bbl.; India mess steady at f 13@$14 per tierce.
Beef hams are in good demand at $13 per bbl.
Tallow is
firmer and active at 4%@4: 7-16c. Stearine steady at 834@
8%c. and oleomargarine easier at 6j8@7c.
Butter is dull at
14@17c. for creamery and 8® He. for Western factory.
Cheese is quoted 8@9J^o. for new State factoi-y, full cream.
Coffee on the spot has been dull for Rio, but mild grades,
offered on somewhat easier terms, were on Wednesday quite
active but to d*y the only business is 1,000 bags, Rio No. 7,
at 165^0., with fair cargo grade still quoted at I8J4C. Rio
options have been dull and drooping, but to-day were slightly
irregular, without important change, and the market closed
steady, with sellers as follows

Wilmington
WasU'gton.&c

23

Norfolk

45

15

1

21

75
242

28

395
535

63

410
294

100
44

100
527

100
76

202

Philadelpti'a.&o

119

8

49

40

Totals tWs week

2,339

1,169

3,772

1.892

West

Point...

60
115
70
976

660
910
976
710
1,2S3

1

150
897
16

900

3,115

13,487

2

N'wp'tN's,&c.

New York
Baltimore

397
233

For comparison we give the following table showing the week's
total receipts, the total since Septenu «r 1, 1888, and the stock
to-night, compared with last year.
1888-89.

BeceipU

May

1887-88.

Since Sep.
I, 1888.

This
Week.

Galveston...
El Paso,&o,

1,7041
393!

New Orleans.

4,303

1 ,663,762

136

Savannab. ..
Bruns.,&c.

380
35

208,813
27,010
810,398
132,099
379,093
15,175
151,617
4,368
483,041
409,535
185,354
126,514
99,851
65,218
50,329

..

1,179

Eoyal,&c
Wilmington
Wash'tn,&c

113
60

Norfolk

660
910
976
710

Charleston
P.

.

West Point.
N.wptN.,&o
Y'ork.

..

Boston

1,293
..

397

Ac

233,

Baltimore.
Phll'del'a,

This
Week.

1

Smee
1,

658

668,474
22,357

Mobile
Florida

New

Stick.

to

17.

Sep.

1889.

1887.

1888.

649,799

2,570

6,118

9,311 il,,707,717
347! 203,021
23,371
2,762 850,347
74,827
12|

85,015
4,511

142,352
12,949

6,426

13,687

406,312
15,728
167,351
4,924
470,508
395,724
109,687
90,126
82,084
43,920
25,708

4,844

9,126

785

2,855

4,069

16,540

3,266
212,425|

1,686
199,268
10,500
17,409
15,208

2,435j

81

405
ll

4,873
3,613
1,052:

940|

2,044

288
2411

136

6,800
2,059
10,374

j

;

13,187 5,453,088

Totals

!

29,065 5,321,154

may

In order that comparison

be

313,171:

418,134

made with

other years,
give below the totals at leading ports for six seasons

we

:

:

Kay

June
July...

August

16-55C.
16 60e.
16-700.

16-80C.

Sept ember

1 6 -95e.
October
17-O00.
points for the week.

—a decline of

'

November
Deoember
January

17-1 Oe.

1710c.
17-2oc.

10@15
Raw sugars have been dull and drooping: quoted nominally to day at 6}4c. for fair refining Cuba and 7,i^c. for centrifugal of 96 deg. test, with reported sales of Muscovado,

test, 6>ic., and cenirifugal, 96 deg. test, for Philadelphia, at 5c., c. & f. Refined sugars have favored buyers, but
no fuither general decline can be quoted.
lasses has sold
slowly and closes quiet at 29c. for 50 deg. test. The tea sale
on Wednesday went off at steady prices, except that Congous
were cheaper.
Kentucky tobacco has been more active the sales for the
week were 400 hhds., of which 300 for export. Prices are
about steady, but the demand was more freely met, the
recent rains having greatly improved crop prospects in the
OhioVall.y. S ed leaf is firmly held, the drought on the
Atlantic Coast somewhat retarding the growing crop. Sales
900 cases, as follows 100 cases 1888 crop. New England seed
leaf, private terms
100 cases 1887 crop. Now England seed
leaf and Havana seed, 16 to 30c.; 200 cases 1887 crop. State
Havana, 13 to lOi^c; 300 cases 1886-87 crops, Pent sylvania
seed leef, 10 to 14J^c. 150 cases 1887 crop. Wisconsin Havana,
10 to lac.and 150 cas?s sundries, 5 to 35c.; also 500 bales
Havana, 6>'o. to $1 10, and 200 bales Suma ra, $1 20 to |1 95.
On the Metal Exchange Straits tin closes unsettled, selling
to-day at 20-6U@20-65c. and quoted 20-75c. for August, showing a slight decline from yesterday. Ingot copper has declined. It is proposed to hold Lake firm at 12c., but 25,000
pounds sold to-day for September delivery at \l%c., and G.
M. B. quoted at ^%g. L-ad has declined and cloies dull at
3-773^0. The interior iron markets, at the recent decline in
prices, appear to show a steadier tone.

S7 dfg.

M

Since 8ept. 1.15153,068 5321.154 5158,523 5142,549 4694,397:4743,533

;

The exports for the week ending this evening reach a total
of 44,839 bales, of which 33,839 were to Great Britain, 5,646
to France and 6,354 to the rest of the Continent.
Below are
the exports for the week, and since Sept. 1, 1888.
Week Ending May
Exported

:

;

;

Refined petroleum for export is unchanged at 6 85c. Spirits
turpentine is lower at 393^c., closing firm. Rosins are easier

ani

dull at *1 (i7i^ffl|l 10 for
are somewhat unsettled,

Wools

commnn

to

good

strained.

Exports
Great

from—

Brit'n.

Galveston. ..
Now Orleans..

Franu

—

XT,

Conti. Total
nent. Week.

14,617

—

Great

81.076

78.08'J

3,524

217.721
171.003

4,07S

11,471

94,704
687,760

27S

4,097

1.102

S,9S1

3,624
7.083
3,821
2,8s9

Pbiladelp'a.&c

Total

is«8. to

72S,T1B 269,419
50.498
82.479 11.642
44,909
6,352
.M.ia-i 25,740

6.836

Savanoab

rotal 1837-83..

1,

Britain. France
205.73t.

BiUnswicIc
Cnarleston
Wilmington...
Norfolk

Boston
Baltimore

Sept.

Muy

17,

ISBP.

Exported to—

.Mobile

West Point...
Nwpt Nw8, &c.
New York

from

to

211.816
! 28,604
38.234

Continent,

^b'ot

87.127 S1S.043
413.801|l,407,t8»
50,498
229.8SS 323,879
88,316
88,051
250,669
170.701)
100.747
22.865
43.«5'3
261,678
12,361

55,611

242.869

2,350

f,2,755

3.0 J7

12,606

1(.3.451

64.704
936 240
214,843
183.709
60.870

32^839

5.646

6.S54

44,639 a.74 1.028 .»1,000 l.S.'8.921 4,461,037

1>U201

Ltiort

lO.^Lil

48.191 2fiU.534'a7S.7M 1.211.0'^ 4.i9-.-3'l

V
Hat

THE CHRONICLE.

18. 188S.J

666

In ad.lition to aboro exporta, our telegrams to-niirht
alio iriT*
u« tlic following amounts of cotton on shipboard, not cleared,
at tlie ports nanu>d.
add Bitnilar flKures for New York
whuli are prepared for our Biiecial use by Messrs. Carev
Yalu ft
Lambert, 24 Beaver Street.

Wp

On

May

AT—

17,

anal

Shipboard, not ettartd-for

Britain.

Fttmet.

SnviiMUiih

8,916
None.
None.
None.

Oulve«ton
Norfolk

None.
None.

112
None.
None.
None.
None.
None.

New

Orleans...

Molilli!

CbmirHton

.. ,.

New York
1

20,116

OoatttBite.

None.

562

|

1.413

496

None.

None.

1,400
None.

400
400
7:m

None.
None.
9,650
2.000

450

.^.200
fl,000

Other ports
Total 1SS9

OUur
Foreign

I

10,463

I

Leatino
Stock.

Totul.

10.037
None.
1,800

74,078
4..54t

8,044
6,020
1,837
911
201.125

400
7.'13

8,158
None.
None.

3.158
11.300
8,000

5,187

36,328

1.^,284
.J0fi,y46
i

Total 18S8...
Total 1887...

2r.,914

I

8.145

I

2,881

216

I

15,464
7,702

7,705
2.437

52,904
18.,'j()0

395,170
3r.7.214

1

Tlie Bj)ecuIation in cotton for future doliveiy at this
market
opened tlie week under review with a hardening tendency
due to unfavorable crop accounts in the last Chronicle tlie
continued drought over a large iwrtion of the South, the very

movement of the current crop at the ports as well as at
the interior towns, and an upward tone to the Liverpool
market, causing a demand to cover contracts. Of a
chstinctive
bull movement there was, however, little or none, and
small

each
small advance was followed by a decline under selling
to
realize.
Business fell oflf materially, the bulls saying that
grices were too dear to justify operations for a rise, while the
ears felt little inclined, in view of the reduced movement
and unfavorable crop accounts, to put out contracts
for
a
decline.
Liverpool
was
feverishly
unsettled,
uiitil Wednesday, when it made a smart advance, which
met
with but a feeble response on this side of the Atlantic. Yesterday a slightly dearer opening was followed by a genoral
decline under reports and prospects of rain at the .South. Today the speculation was dull, values a little imsettled, and the
close witnout decided change. Cotton on the spot met with
a
good spinning demand and on AYednesday quotations were

advanced l-16c. It was believed that in view of the greatly
reduced stocks South, New England spinners are largely dependent ou this market for such supplies as tiiey may need.
To-day there was a fair spinning demand at 11 l-16c. for middling uplands.

The

forward delivery for the week are 318,000
For immediate delivery the total sales foot up this week

total sales for

bales.

—

—

7,819 bales, including 2,995 for export, 4,824 for consumjjtion,
for speculation, and
in transit. Of the above
bales

were

each

UPLANDS.

Low

Ptrict

lib.

8>4

•••

^!^>6

811,6

8%

8%

8%

9=9
101,8

im

Middling Fair
Fair

GULF.

noD Tne* Wed Tb.

Sat.

.y

lb.

,

Strict (iood Ordinary.,
,

8>3

9

Si''-

8l9

9%

8

I

ll'lB 111,6

Good Middling
RtiictGood Middling.
Middling Fair

8»i«

9%

I

8»,6

im

11%

IIU
11%

12

12

im
I

9

»1IS|«!

ll»,g

11%

STAINED.

I

lib.

iddling
Middling;
Jl

•

,

13% '13%

8%
8%

8%
8%

911,6

9"lt

9il|,

10% 110%

9>»18

10%
10%
11%

116,8 111,.

121,8 1121,8
I'Jia
121a

8%
8%
10%

9

111»„!1113„

I

IHon Toes

Sat.

Vrl.
8»ig

9

9'5,el

10% 10%
10% 10%
lUie 11% 111%

127,8 12»,8 127,8
131,8 131,8 131,8

!

Good Ordinary
Strict Good Ordinary.

|

8I3

106, g 101,8 105,8
lOis,, lOlSi, 101S,8

Strict Low Middling...
>n<I(Uinfr

Fair..

958

....'lOi

Middllnir..

LowMiddllnjj

Pii

85',6

9»8
91 1,, 911,8
911],
lOig
101,8 lOig
_
10=8
lOOg
10»,e 110916
lO'^s
1013,elOl3], lOii. 10% lO^s 10%
.. 11
11
lli,« lUie iii.«
.. 11>2
llifl
n»i«
11
..111% 11% 11% lll»16
lliJ,, 111»,8
..12i.g llSja 12<,6 1214 12>4 12V»
..121*1, 1213,« 12"
12% 12% 12%

....

MiddUnp
.:..
Good -Middline
Strict Good Middling.

Ordinary
Strict Ordinary
Good Ordinary

mon Tnet Wed Tb.

Sat.

Ordinary
Strict Ordinary
Good Ordinary
Strict <»o()d Ordinary.
Low Middling

Low

—

to arrive. The following are the official quotations for
clay of the past week— May 11 to May 17.

Wed Tb.

121a

13%
Frt.
8S,,

8',B

8li*
So"
9% 9%

S'>
9%

10*16 lOiit [10»n

MARKET AND SALES.
The total sales and future deliveries eacli 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.
SALES or BPOT ASD TKAKgrr.

8POT MARKET
CLOSED.
Flrra

.

port.

Con-

Spec- Tran-

sump. uCl'n

lit.

Wed Finn
.

1,998

4,347

16.400

461

8I,2(M1

206

404
852
007
287

1,052

46,500

556

1,002

at ijeadT.

Tbnr. Steady
Frl... Steady
Total

i

t

.^uu

"eptcmber, leSJSOO:

r..>

I

.

i«r-NorciiiiMr. (or Horaaber.

I

mber. 980^400 : tmltihtr,
,.,... iubcr-Pobramnr, for Febraarri.... ,.,,... 1.1. .-..,
Mortsti,
tor
Beptombar-April.
8('i)teuiher-MarcIi,
1,944,800;
8m. 300:
'

446

2,995! 4,824

The

('

h

week to give, the averaifc iir!'
win be found under each day
average for each mouth for the

10

ry We

Total.

2,349

Moil. Quiet
Tiics. I'inu

i...n

'

for April, 1,257,800.

Ex-

I

Bat.

^'

* Includes unlc.i i"
ber-Ootobor. for <)i
58o,.500; Sclitcni
Juiiuarv, for Janiiiiri.

iog comprehensive table:

t

.

woi-U

U A\fM ^.^ ca ui

buUotu

\jl

iaiiW.

Transferable Ordern—^''ntnrday, lO-tWo.; Moudav. lO-OOc: Tacwlar.
10-65C.;

Wednesday,

10-700.:

Thiuadsr, I0-05c.;

t'Ttday, lO-SSo.

The following exchanges have been made during the week:

50,300

7,819|318,000

day

•01 i»d. to exch. 100 Dec. for Oct
•04 pd. to exch, 300 July for Aug.
•20 pd. to exch, 400 .Ian. for Sept.
•01 |m1. to exch lOO May for June.
•11 piL t«cxch. 3.700 J line for Aug.
05 pd. 10 exch. 2.0O<)July for Aug.
•06 pd. to exch. l,500JuBe for July
.

The Salrs and Prices of Futoees

in

1

667 70,.10<)
287 53,100

dally rt*liverica given above are actually delivered the
previous to that ou wbioh tliey arc reported.

bnve Included

are shown by the follow

•05 imI to oxch. 100 Sot. for Oct.
Even 'JOO Mar for June.
pd. toe'-'- <-> V">> <.^» a„nt.
•I l jhL to
•07 pd. to.
V.

•oil

,

t«i ».
I.--10 pd. to OKrb. 500
•o'j |xi.

.

.

1

;

May

(or

.

.

Aug.

;

:

.

;
:
.

THE CHROMCLK

666

The Visible Supply of Cotton to-night, as made up by cable
and telegi-aph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week's returns,
•and consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
figures for to-night (May 17), we add the item of exports from
the United States, including in it the exports of Friday only.
1889.

1888.

1887.

bales

P98,000
11,000

773,000
17,000

971,000
20,000

6.30,000

Total Great Britain stock.

909,000
2,200
43,300
17,000

790,000
4,000
44,400
16,000
300

647,000
5,900
42.500
28.000
1.500
153,000
7,000
68,000
14,000
9,000

Stock at Liverpool
etock at London

1886.

17,000

tetock at
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Genoa
Stock at Trieste

12.000
117,000
5,000
82,000
14,000
9,000

184,000
3,000
67,000
6,000
7,000

991,000
3,800
50,400
30,000
200
1,100
251,000
3,000
53,000
8,000
12,000

Total Continental stocks

301,800

332,400

412,500

329,200

..

1,210,800 1,122,400
210,000
170,000
185,000 155,000
BKyPt,Brazil,&c.,afltforE'r'pe
20,000
72,000
Stock in United States ports
343,174 448,131
Stock in U. 8. interior towns..
42,481 122,288
United States exports to-day.
290
7,684

1 ,403,500

India cotton afloat for Europe.
Anier. cott'u afloat for Europe

339,000
76,000
24,000
375,714
48,284
281

976,200
214,000

Hambmg

300

Total Eraopean stocks..

700

.

Total visiWe supply

299,<X)0

19,000
596,069
158,681
9,.528

2,019,139 2,090,112 2,266,779 2,272,478

lyiverpool stock

669,000
157,000
185,000
343,174
42,481
7,684

bales

Continental stocks

American afloat for Europe...
United States stock
United States interior stocks..
United States exports to-day.

558,000
198,000
155,000
448,134
122,288
290

743,000
282,000
76,000
375,714
48,284
231

4.50,000

232,000
299,000
596,069
158,681
9,528

Quotations for Middling Cotton at Other Markets.—
In the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
day of the past week:

May

17.

229,000
11,000
144,800
210,000
20,000

Uondonstock
Egypt, Brazil,

&c., afloat

Total East India, &c
Total American

Savannah...
Charleston.

Wilmington.
Norfolk'.

614,800

228,000
20,000
130,500
339,000
24,000

608,400

741,500

180,000
17,000
97,200
214,000
19,000
527,200

2,019,139 2,090,112 2,266,779 2,272,478
6d.
lli|,c.

S^.d.

S^sd.
10c.

5i8d.
9'4C.

lie.

into Continental ports this

week have been

The above

figures indicate a decrease in the cotton in siglit
to-night of 70,973 bales as compared with the same date
of 1888, a decrease of 257,640 bales as compared with the
correspondmg date of 1887 and a decrease of 353,339 bales as
compared with 1886.

—

AT THE
ttie

10%

10%

10%

1058
1058
lOia
lO's
lOia
lOTg

10=8

10=8
10=8
lOia
lO'a
10^2
lO^s

10=8
10=8
IOI3
10^8
IOI2
lO's

Wednes.

Tties.

lOSg
10^3
lO'a
10^2
lO's

Ili8®i4

Boston

11%

1138

11:%

Augusta

10%

11%
10%

....

Memi>his

10n,g

lOUja

lOiiie
lOUjfl

1011.8

11

lOiiie
1011,8
11

Louis^Tlle.

..

10^

lO'a

11

10%
10%
10%
10 ^

lO-'s

1012

1015,

11%
11%
10%

11

Frl.

\

IOI2
lOTg
IOI3

Ill6*l4

..

. .

Thurs.

10%
10%
10%

11%
11%
10%

St. Louis
Cincinnati

\

11
Ill8®l4

Ill8»l4

11%
11%

11%
11%

11

11

lOUjs

1011,8
1011,6
11

1011,8

11
11

1011
11
11

11

6

Receipts From the Plantations.— The following table
indicates the actual movement each week f i-om the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outports.
Receipts at the Ports.

SVk at

1887.

1888.

Apr.18
" 19
"

21,827

2S504 40,407 119,048

14,322

27.980

15,U1

30.841

May

\3.o;7

32,603
86,233

X

"

3
10

"

17...

12,689
10.836

..

29

0155'

1889.

Interior Toivns. llec'pts from Plant
1888.

1887.

1889.

1887.

<tt

1888.

1889
20,C69

2.36,785 t2S.77fl

6,453

38,932 107,106 317.278 102,888
36,205 96,9Sl 199,870 81,080
28,842 86,606 172,287 69,318
22,411 72,510 145,074 66,445
IS.48T 84,888 131277 48.819

2,292

14,733
9,401

5,016

13,335

14.407

2,802

6,020

16,370

9,010
16,268

0.638

2,081

1.3.031

5.661

—

The above statement shows: 1. That the total receipts from
the plantations since September 1, 1888, are 5,486,313 bales; in
1887-88 were 5,438,601 bales; in 1886-87 were 5,175,331 bales.
3.

—That, although the receipts at the outports the past week

bales, the actual movement from plantations was
only 5,661 bales, the balance being taken from the stocks at
the interior towns. Last year the reseipts from the plantations
for the same week were 15,368 bales and for 1887 they were

were 13,487

111,000 bales.

tor

Ifon.

11

Baltimore...
Philadelphia

1,404,339 1,481,712 1,525,279 1,745,278

Total visible supply
Price Mid. Up]., Liverpool
Price Mid. Upl., New York

The imports

215,000
17,000
134,400
170,000
72,000

Satur.

I

Galveston...
New Orleans'
Mobile

1,404,339 1,481,712 1,525,279 1,745,278

Continental .stocks
India afloat for Europe

CLOSraO QUOTATIONS FOB MIDDLING COTTOS ON -

Week en^inp

Week

Total American
East Indian, liiuzU, dc.^
Liverpool stock

[Vol. XLViji,

The above totals show that the old interior stocks have
decreased during the week 7,490 bales, and are to-night 79,817
bales less than at the same period last year.
The receipts at
the same towns have been 6,433 bales less than the same
week last year, and since Sept. 1 the receipts at all the towns
are 88,438 bales more than for the same time in 1887-88.

300

Of the above, the totals of American and other descriptions are as follows
Amenrnn —

•

„

..

Interior Towns the movement that is the receipts
week, and since September 1, the shipments for tlie

2,984 bales.

Amount of Cotton in Sight May 17. —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

week, and the stocks to-night, and the same items for the takings by Southern spinners to the same date, so as
corresponding period of 1887-88 is set out in detail in the substantially the amount of cotton now ia sight.

—

to give

following statement.
1888-89.
CD

p »

S|||B|s|.|i|M§ Eg
I

1^

o

2^
:

o

a

ft

c a

from plantat'ns 5,486,312 5,428,601 5,175,331 5,301,195
872,327| 895,530
750,799 742,113
May 1' 406,000 377,000 331,000 279,000

Total in sight

O 00
o

to
I-

QDW

M*

u OT

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fcO

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<l

W CD W Ui <1
O -^ X O CO

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Wt^.-qWGCCOCOOOStt^CD'XOMO'GC'i-'CCCJl

•lXW<HvGltiWXGDMO»-»r-Q0CiMOtCO

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CCCDW*'O0'CS'"J»

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oi ^ 10 cc <i
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:

CO

MXCDtO

MCOh-'OS

tf^

OCOXCfl

1^

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rf*

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*•

.
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rf».

<1 OS CC (O

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CO j; C£ C CD to
hP' 'jt

t;*

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toM;

tOCDtt^-O"

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w

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t^:^;

-gx

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--1

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i*WJ*p3MWpi

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c;icccco<i:
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^? flgures for Louisville in both years are
t This year's figures estimate<1.

" net.'

May

'

17

|6,761,639 6,701 ,131

Northern spinners' takings to

May

6,257,130J6,322,308
I

I
[

17

1,668,149 1,612,428 1,467,057,1,605,183

Weather Reports by Teleoraph.— Our telegraphic reports
from the South to-night indicate that, although rain has fallen
in a few districts, as a nJe dry weather has prevailed and cotton is beginning to suffer from lack of moisture.
Oalveston, Texas. The weather has been dry all the week.
Average thermometer 74, highest 80, lowest 63.
Palestine, Texas. There has been one light shower during
the week, the rainfall I'eacliing seven lumdredtlis an inch.
Stands are good, but would be benefitted by rain. The thermometer has ranged from 64 to 86, averaging 75.
San Antonio, Texas. Some sections have had good rains,
but others are needing them. Here the weather has been dry
all the week.
Prospects otherwise are favorable. The thermometer has ranged from 60 to 86, averaging 73.

—
—

—

—

Young crops look promising, but need
have been without rainfall the past week. The
thermometer has averaged 80, the highest being 89 and the
Huntsville, Texas.

rain.

We

lowest 58.
Dallas, Texas. One hght shower has fallen during the week,
the precipitation being two hundredths of an inch. Small
grain crops are good and harvesting will soon begin. Com and
cotton would be the better for rain. The thermometer has

—

ranging from 61 to 90.
It has rained splendidly on one day of the
week, just as needed. Tlie rainfall reached two iaclies and
Com and cotton look very fine, and
fifty-three hundredths.
averaged

CJi;

'.

.-SB

1885-86.

I

Net overland to May 1
Southern consumpt'n to

-

1880-87.

1

Tot. receipts
'

o

P

1887-88.

Receipts at the ports to May 17 5,453,068 5,321,154 5,158,523 5,142,549
Interior stocks on May 17 in
33,244' 107,447
excess of September 1
16,808 158,646

76,

Luhng, Texas.

—

are growing fast. Averaging thermometer 75, highest 90,
lowest 59.
Cuero, Texas. The prospects for cotton and corn are excellent, but rain is beginning to be needed.
The thermometer
has averaged 82, ranging from 73 to 90,

—

,

.

May

18,

THE

1S69

CIIRONICLEL

Columbia, Tea-as.—'So raiii lias fallen during tho week.
Crops aro good, but need moisnire. The thermometer hag
averaged 78, the highest being 90 and the lowest 65.
Brenliam, TV.ras.— There have been li^ht showere on two
days of the week, the rainfall reaching nine hundredths of an
inch.
Rain is needed rather badly.
The thermometer has
ranged from 67 to 91, averaging 79.
Bclton, Tiwas.—Dry weather has prevailed all the week.
Stands are fan-. Rain is needed for cotton and corn but not
for small grains, which are nearly ripe for harvest.
Average
thermometer 77, highest 91, lowest 02.
Weather/ord, Texas.— It has rained splendidly on two days
of the week and corn and cotton have been greatly bonelitted.
The rainfall reached one inch und two hundredths. The thermometer has averaged 7;i, the highest being 88 and the lowest 58.
New Orleans, Louisiana.—Thore has been no rain all the
week. The thermometer has averaged 76.
ShreveiMrt, Louisiana. Rainfall for the week thirty-two
hundredths of an inch. The thermometer has ranged from 63
to 87, averaging 74.
Columbus. Mississippi. It has rained on one day of the
week, the rainfall reaching forty-one hundredths of an inch.
Leland. Mississippi.— Rainfall for the week sixteen hundredths of an inch.
The thermometer has averaged 73, the
highest being Si and the lowest 54.
Oreenville, Mississippi.— The week's rainfall has been nineteen hmidredths of an inch. The thermometer has averaged
74, ranging from 60 to 87.
Clarksdak, Mississippi. There has been no rain since last

—

—

—

report and crops are suffering.
Vicksburg, Mississippi.
have had rain on one day of
the week, the rainfall reaching thirty hundredths of an inch.
Crops are in need of rain and in consequence are not doing so
well.
Some are having trouble to g_t cotton up. Average
thermometer 77, highest 96, lowest 53.
Little Rock, Arkansas.
Light rain has fallen on two days
of the week, but much more is needed. The rainfall reached
forty hundredths of an inch. The thermometer has averaged
71, the highest being 88 and the lowest 55.
Helena, Arkansas.
have had no rain during May thus
far, although there has been heavy rain twenty miles west.
Crops are needing rain in many places. The increased acreage is mostly in corn. The thermometer has averaged 73,
ranging from 56 to 86.
Memphis, Tennessee.— ^Ve have had a light sjrinkle on one
day of the week, but there has been no rain of any consequence since the first of May. Crops are suffering for moisture, and stands are coming up very irregular. The' thermometer has ranged from 58 to 88, averaging 74, and the rainfall
has been four hundredths of an inch.
Nashville, Tennessee.— It has rained on two days of the week,
the rainfall reaching fifty-eight liundredths of an inch. Average thermometer 73, highest 89, lowest 50.
Mobile, Alabama.
have had no rain all the week.
Crop reports are favorable, but rain is badly needed. The thermometer has averaged 73, the highest being 85 and the lowest 59.
Montgomery, Alabama.— i^o rain has fallen during the week.
It is badly needed, and crops are suffering in consequence of
the long-continued drought.

—We

—

—We

—We

Selma, Alabama.— Ram is needed. The weather has been
very dry. The thermometer has ranged from 64 to 83, averaging 73.
Auburn, Alabama. Conditions have been unfavorable for
crops on account of lack of rain. Average thermometer 73'9,
highest 86, lowest 55.
Madison, I'lorida.—There has been but one light shower
during the week and crops are suffering for rain.
The thermometer has averaged 74, the highest beingi93 and the low-

—

6«7

'"*'"""

ana ahinraenfo of cotton at BDmbay hare boen
followi tot
the week and year, bringing the llgurw down to May
16.
IK»U1.1Y HKCKIIIII

Ortat

I

OuntiTUnl.

B, U.,in

1889 l:i,()0(> r.'.onn
1HS8 I. (MM) ;M,0(i
1887 H,<MM) ll.Oi..
1380 15.000 38,0Oll.5J,U0o

M

mm"'—— -.

A.'«l>

\8MimtHl* M<1 WM*.
Feori Oreiti OoiMHriCn rum. ToUU.

--.•:

rriBj

Total.

1

i

.

,

.

;."

Bhipmenlt/or
Oreat
BriUin.'

(/.

_

Omiti-

I

.

Ortal

,

l^to/.

»ienl.

26,000
25,000

Uadrag—

I

Total.

38,0001
62,000

64,000
87,000

I

1889...

1888
otbera1889
1888

&,000
7,000

2,000,
2,000

7.000
0,000

1,000

27,000
19,000

14,000
14,0001

41.000
29,000

1,000

58,000
47,000

54,000
78.000

All

Total all

,.
l_
''O"""*"'-

BrUain.

Calontta
1889...
1888...

1,000

-

1889
1888

1,000

1

112.000
125,000

BXPOBT8 TO EDBOPB FBOX ALL UtOIA.
1889.

Shipmenls
Europe

to all

from—

I

Bombay

'

This
Keek.

Total

:

1888.

S.nte

Jan.

25,000

Thii
week.

1.

918.000
112,000

45,000

25,000 1,060,000

AUotberporta.!

1887.

Since

Jan.

Thit
week.

1.

ainee

Jan.

1.

l.OOOi

591,000 49.000
125,000 14,000,

710.000
191,000

40,000

716,000 63.000

910,000

Alexandria Receipts and Shipments.—Through arrangenients we have made with Messrs. Da vies, Benacbi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
corresponding week of the previous two years.
Alej;a7idria. Egypt
May 15.

1888-39.

1887-88.

1886-87.

3,000
2,718,000

3,000
2,867,000

2.000
2.356.000

tloocipt3 (cantars*)

Thlaweek
SInoe Sept. 1 .

Thit
week.

Since

I

.

iept.

1.

Thit
Since || Thit
week. \Sepl. 1. w^ek.
j

exports (bales)—
To Liverpool
ToCk)ntinent

'

j

Total Europe

'

1.000 220.000
3,000 148,000

2,000 238,000
1,000 l.'il.OOO

4,000 368,000

3,000,389,000,

i

I

Since
.Seut

1.

1.000 249.000
1,000 146,000

2.000,395,000

Manchester Market. —Our report received by cable to-night
from Manchester states that the market is dull but steady for
both yams and sheeting, and that mills aro partially stopping
work. We give the prices for to-day below, and leave tooae
for previous weeks of this and last year for com parison:
1880.

S^

32 » Oop.

—

est 57.

1

d.

Ibl.

Shirtingt.

Twiit.
d.

1888.

8.

d.

8.

Ap.l2 8ii838»,« i6 3 a7
19 8'ia»8U,,|6 4 87
26 8
as^s '6 lis 17
M»y3!8 «8>a 6 II9 7
" lOiS
®8'3 16 lis'»7
•*
1718
aSHi !6 l^a »7

QoU'n
Mid. 32> Oop.
Twin.
Uptdt

d.

3>s
419

2
2

2
2

d.

d.

d.

ax.
8"* n..
loi.
Shirting,.
8.

5i»,s 7',«»8'iB 5

d.

7

^^
d.

S.

•?

7»i«»8i„ 5 7 •7
7»,fl»83., 5 7 •7
7lh,®8'4 5 7«a*7
6.,. 7n„«8'* 5 TJ«»7
7li,«»8i4 5 7>»»7

\Oolf»
MiA.

6
6

1
1

Columbus, Georgia. The drought continues and a generally
Jute Butts, Baooino, &c.—The demand for bagging is of a
bad stand is reported. The thermometer has averaged 80,
steady character, and stock is bein^ moved quite freely. Price •
ranging from 65 to 88.
Savannah, Georgia. We have had no rain all the week. are ruling firm, with sellers quoting 8^@ IQi^^c. as to quality.
There is not much interest shown in jute butts, and only small
The thermometer has ranged from 60 to 96, averaging 78.
Augusta, Georgia. The weather has been warm and dry. lots are being taken. For paper grades l,^g'^l^c. is' asked,
There has been no improvement in the advices from tiie crop while bagging qualities are quoted at lJg#3i-gC.
the past week. Rain is badly needed. Early stands are being
East India Crop.—The following is from Messrs. Oaddum,
parched up and killed, and late plantings have thus far failed Bythell & Co.'s report, dated Bombay, April 13:
to come up. Farmers in many places are plowing up and reUp 00 tmry the native buyers have boon In a m'lat excited atat« all
planting. The scarcity of seed makes the outlook serious. the we»k and h >ve rased prices to an almost prolilbiUre level. Our
receipts this week are abudt 5,000 bales smaller thai last week'*, bat
Corn and small grains are suffering for rain. Average ther- they are Htill almust as larKo as those lor ih oorrespondlng w. ek laat

—
—

mometer

1

highest 99, lowest 56.
Charleston, South Carolina.
have liad no rain all the
week. The thermometer has ranged from 61 to 96, aver-

aging

77,

—We

78.

Stateburg, South Carolina.

week.

—We

have had no rain

all

the

Average thermometer 78, highest 94'7, lowest 58.
Wilson, North Carolina. It has rained on one day of the
week to the extent of thirteen hundredths of an inch. The
thermometer has averaged 78, the highest being 91 and the
lowest 63.
The following statement we have also received by telewaph,
showing the height of the rivers at the points named at 3
o'clock

—

May

16, 1889,

and May

17, 1888.

'May 16,

New Orleans
Memphis
Nash vUle
Sbreveport
Vickaburg

r«t/.

Above low-water
Above low-water
Above Low-water
Above low-water
Above low-water

mark
mark.

mark
mark.
mark.

r>

12
4
13
15

'89.

Inch.

May

17, '88.

Feel.

Inch

5

13

1

9

2
3

20
4
29
29

8
8
2

and the total receipt* for the reason are no T oearl/ SO. ,000 bale*
more than tit the same period last year.
From the Bombay Company's (limited) cotton report of lik*
date, we have the following:
The milU' slocks are said t>bol>w. so that It Is vetj pr,>babla that
ihere will shortly bo larKo baying on thliaooonat, agalBat Monsjon
req liremcn a The ezpecud (leorea<e In the scale at reoelpu haa not
yit been realized, arrivals ati 1 averaging abjut 10,000 bales a day.
i'h« ar. i\ als In th iiii oou iiry marketi are, ho vever, shawlng sign* of
laUlug off, and it is improUablo that the p.e ent scale of reoelpts will be
kept up much loiiK. r Bong ils have been in lu-ge supply for so lite In
year,

•

the season, while bhollerdh-*, which houM now be In lull swing, show
signs of falUng oIT The Dholler^tu crop does not promise to reach even
last year's Ugoros. An regdrds the exports to Europe for (ha current
six months, there seems to be a generalopinlon that (her will be larger
than was at ttrst exproted, the favorite estimate bef.g now aboot
1,000,000 bales. Looking at the anns,.aUy Itrge reoelpts and exporu
trom 1st January up to ue present Ume, it would appear ikat. taldiig
an average of recent years, an expert far In excess of 1.000.00 1 bairs
might well be e.xpeotod. It most 1m remembriMl. however, tltat the
eiop this year Is the earliest on reoord, the rceelpts up to the present
time bcinir unprer deniedly largt-. Taking everything lata eonsideratlon, anil Loklng at the fact that the arrlvala la the up ootutry jiarket
are falitni; olT, and that the local mUls must be large buyer* shortly, w„
ate inclined to think that the expoits for tb.> six noatbs will o«mlnl<4

there

tjan 1,OCO,000 bales, wblle It is (luite probable, prortdcd
a go od demand from Europe, that this figure will be exceeded

lees

Is

.

THE CHRONICLE.

668
not be

—

.

.

ty 50,000

jalcs.

European Cotton Consumption to May

1.

—"We

have

received today, by cable, Sir. Ellison's cotton figures brought
down to May 1. The revised totals for last year have also
been received and we give them for comparison. The spinners tTtfrlntrS'in aotil'd halea and pounds have been as followa:

[Vol.

XLVIU.

The foregoing shows that eighteen corporations increased
amount paid in dividends over the corresponding quarter
of 1888 that twelve others distributed a like amount in both
years, and that the ri^maining three mills exhibit a decrease,
the Crescent Mill declaring no dividend.
Shipping News.— The exports of cotton from the United
States the past week, as per latest mail returns, have reached
the

;

So far as the Southern ports are concerned these
are the same exports reported by telegraph and published in
the Chronicle last Friday. With regard to New York we
include the manifests of all vessels cleared up to Thursday.
46,788 bales.

October 1

May

to

Oreat Britain.

1.

Continent.

Total.

For 1888-89.
Taklnga by spinners., .bales
Average weight of bales

2,138,000

2,442,000

4,580,000

400

451

455

Total batet.
Liverpool, per steamers Alaska, 724
BritCity of Paris, 1,206
annic, 1,602
Nevada, 697

New York—To

983,450,000 1,101,342,000 2,084,822,000

2,278,000

4,641,000

438

435

The Queen, 370....Umbria, 183
To Hull, per tteairer Galileo, 806
To Lei! 1), per ste.imer Critic, 500
To Havre, per etcamer La G.aseogne, 310

998,005,000 2,020,146,000

To Hamburg, per steamers Bohemia, 951

For 1887-88.
TaUngB by spioners

2,366,000

.bales

. .

432
Average weight of bales ....
-. 1,022,141,000
laklngs in pounds

According to the above, the average weight of the deliveries
in Great Britain is 490 pounds per bale this season, against
432 pounds during the same time last season. The Continental
deliveries average 451 pounds, against 43S pounds last year,
andforthewholeof Europe- the deliveries average 455 pounds
per bale, against 435 pounds last season. Our dispatch also
gives the full movement for this year and last year in bales of
400 pounds each.

May

Oct. 1 to

Baiei of 400

000<

1888-39.

1.

Oreat
Britain

omittecl.

Bplnners' stock Got.

52,
2,459,

2,511,
Bapply
Consumpti'u 30 weeks 2,222,

Takings

May

to

Spinners' stock

1887-88.

1.

1

May 1.

Continent.

Total.

Oreat

Conti-

Britatt,

nent.

51.

Total

2,753,

245,
5,212,

2,.'')55,

167,
2,497,

2,946,
2,254,

5,457.
4,176,

2,606,
2,211,

2,684. 5,270,
2.164. 4,375,

692,

981,

395,

193,

289,

218,
5,052,

500,

on

ixa

100

Elbe. 327...

Amsteiilam, per steamer Edam. 395
Antwerp, per steamer Wcateru'aud. 50
Bane'oua, per steamer Ilalia, l,(i00
Mazctlan, per steamer Newport, 149
S.an Bias, per steamer Newport. 201
Central America, per steamer Newport, 50
New Oulkaxs— To Liverpool, per steamer Navarro, 7,154
To Havie, per steamtrs ( hilan, 4,806 ...llolbelu, 4,329 ...
To Bremen, per steamer Erl Kiag, 3,041
To Hamliuiv. per steamer Aseaiiiu, 376
NOKFOLiv— To Liverpool, per steamer Nieotn, 325
Wkst Toint— To Liverpool, per steamer Warwick, 6.907
NEWPOitT News— To Liverpool, per
1,838
Boston— To Liverpool, per steamers Istrian, 729
Marathon,
1.081....1'alestine, 1,195 ...Koman, 2,009
To Yarmootl), per .steamer Yarmouth. 1
Baltisiore— To Bremen, per steamer America, 737
PHlLADBLruiA— To Liverpool, per steamer Lord Clive, 1,069 ...

To
To
To
To
To
To

.

...

fwvcii

of these shipments,

form, are as follows

o.>

72,0
71,0
72,0
72,0
72,0
72,0
73,0

145.0
145,0
145,0
146,0
116,0
146.0
148,0

moucli's total

395
50
1,600

149
201

50
7,154
9,195
3,641

376
325
6,967
1,838

5,014
1

737
1,06»

arranged in our usual

:

A meter-

895,

Bremen dam

Hull

New York..
149,0
73,0
74,0
149,0
73,0
75,0
74,0
149.0
75,0
74,0
73,0
152,0
76,0
74,0
76,0
76,0
152,0
76,0
74,0
76,0
152,0
76,0
74,0
70.0
152,0
76,0
75,0
lUr. l!.lUsou; dedaotiun made from

1,201

46,783

The particulars

4,782
7,154

N. Orleaus

Norfolk ....
West Point.
S'port N'ws

Boston
Baltimore
PhU'delph'a

Tar-

mouth,

<£•

310

i,(;28

Anl- Barce- Mexico,
werp. lona,
dr.
Total.
415 1,600
400 10,471

9,195

4,017

20,366

1,306

325

325

6,967
1,838
5,014

6,967
1,838
5,015

737

73T

1,069

1,069

Total... 27,149 1,308

9,505

445

6,332

401

1,600

Cotton freights the past week have been as follows

46,78&

:

accuiuii of stoppage of spindles.

The foregoing shows that the weekly consumption in Europe
152,000 bales of 400 pounds each, against 148,000 bales at
the same time a year ago. Spinners' stocks, both in Great
Britain and on tha Continent have increased during the
month, and now the aggregate is 86,000 b.^le8 greater than at
thie eaine date last st^ason.

is

—

Fall River Mills Dividends. Notwithstanding the les-sening of production in consequence of the weavers' strike iu
March, the Fall River cotton mills make a very good showing
for the past quarter, as the April dividend exhibits indicate.
As will be noticed in the subjoined statement, the stockholders in all hut one of the corporations included received dividends ranging from one and one-half to six per cent, the aggregate amount distributed reaching §487,560, or an average of
2-60 per cent on the total capital invested. In the like period
of 1888 dividends were declared by tlurty of the thirty-three
corporations, the total paid being §415,450, or an average of
2"39 per cent on the aggregate capital. The gain, therefore,
this year, as compared with last, is $73,110, or -26 per cent,
Oiur figures are as stated for the April quarter, and those for
this year are compiled from statistics furnished by Messrs.
G. M. Hatfards & Co., bankers and brokers.
C&rporatUm.

American Linen Co
Barnuby Manufac'K

Capital.

-1-»1,'

00

Wediiet.

Thurs.

FH.

'ei

''(i4

^04

'64

DoviaGl'sg'w.ii.
c.
aavre, steam

38

\i

\i

....

....

....

k^Sjg

>4®B,8

Do saU
Sremeu, steam.,

HSiBlS

^®5ie

>4a5l8.

133„

"32

1332

".,»

Do

38

38

%

%

38

....

....

....

....

....

....

c.

c.

Amst'd'm, steam. e.
Do via London.d.
Seval, steam

Do

sail

-t-0.000

—bVo'do

Crescent Mills

—7,500

I>av<il Mills

-1-6,000

River ManufacV

Flint Mills
Glol*e Varn Milla
GranUe Mills
King rtiilip Mills
Laurel Lake Mills
Mechanics' Mills

....

..>
42

V

d.

>•!

d.

••

V

42

....

42's*

....

....

14

'4

....

V

42

-1-4.000

....

42

V

....

54

H.

H

••.>

....

.-••

"18

3arcelona,steam d.
Senoa, steam., .d.

»ie

6ie

h(S

^8

616

H

'4

'4

>4

14

"4

rrleste, steam... d.

»3a
°S2

»32

933

'>32

»32

®32

^32

^32

^.32

^3^

'32

Antwerp, steam d.
* Per 100 lbs.

—

Liverpool. By cable from Liverpool we have the following statement of the week's sales, stocks, &c. at that port.

May 3.

Apr. 26.

week

bales

Of which exporters took
Ot which speculators took.
American

.

Sales

rotal stock— Estimated

Of which American— Estlm'd
week
Of which American

Total Import of the

mount alloat
Of which American

63,000
2,000
8,000
50,000
9,000
70,000
872,000
671,000
62,000
37,000
160,000
58.000

30,000
2,000
2,000
23,000
12,000
53,000
839,000
692,000
90,000
49,000
176,000
57,000

May

10.

43,000
2,000
4,000
34.000
5,000
60,000
885,000
673,000
7S,000
53,000
141,000
47.000

May

1

44,000
1,000
2,000
38,000
7,000
59,000
898,000
6(19,000

80,000
46,000
121.000
50.000

The tone of the Liverpool market for spots and futures each
day of the week ending May 17, and the daily closing prices
of spot cotton, have been as follows
:

-1-4,000
i-S,7tiO

Co.

Narragansetl Mills

Saturday Mmiday. Tuesday.

Spot.

Wednes. Thund'y.

Osborn Mills
Pocasjset .Manufac'K Co
Klcliaid liurden M'I'k Co.

Market,
i-H,.000
-fl..SOO
-t-l,DOU

.Mills

Saftamoro Manufac'g Co..
Seacounett Mills

Shove

42V

....

-f5.l5(j0

Merchants' Munufac'K Co.

KoLeeon

.->•

....

%

aamburg, steam.c.

Do via London.d.

....

.•••

"33

1332 ®"l8

viaLelthrf.

Forwarded

,

Mii)3
Cliace Mills
Conanicut Mtlid

Metacomet Manufac'ti

Tue$.

A.otaal export

Co...

Barnard Manufwe'g Co
Border City Manultffe'g Co.

Frtll

Mon.

Satur.

steam d.

Lilverpool,

Sales of the

Bourne

.

150

Gellert,

Sorrento, ICO

rfS Ham
Liverand
pool. Leith. Havre, barq.

75,0

Averas^c

Aller,

806
500
310
427

Total

Weekly Consumption,
00» omitted.

In November
In December
In Jauuary
In February
In March......
Tn *""1

To Bremen, per bteameis

4,762

,

each.

Ibt.

.

+ 2.000

Mills

42,750

Slade Wilis

i 2,750

Stafford .Mills
Tecumseli Milla

-f 2.600

-£00

Troy Cotton & VV. M'X'y..
Union Coll on M'fV Co

-l-b,000

^^'iinipanrajr Mills

-Fl'lVaso

"Wectamoe Mills

i-11.000

Tn» = l".
• Capital. *i00,000.
+ Capual. Itbol.OOO.H
000. I Total capital, |17,lUS,0(jO.:

*l>-7.5>'0

II8-39

Bpital, 1000,000.

t»5,450l-ft72.110
i

Cap;tal, $550,-

}

Dull.

1230:r..M.j

Harden'p

Inquiry.

tcndtiucy.

& exp.

Fair
buslnesB
doing.

Friday.
Dull

and

Irregular,

6I16

die

Mld.Upl'ds.
Sales
Spec.

Small

5,000

7,000

8,000

500

500

500

12,000
1,000

10.000

7,000

50O

500

Future'.

Firm at

Market

1-64 ad-

2:30 p,

Market,
4 p. M.

Qalet.

vance.

Quiet ana »'ea<"e'o.o-rtior Quiet but
steady.
steady

1

?

Steady at Steady at Steady a1
1-64 ad1-64 ad2-«4adTance.
vance.
vance.

|

I

Firm.

Barely
steady.

Quiet at
1-iH decline.

Dm,,
"""•

..

.

May

THE

18, 18t9.J

ClIllOIsKJLE.

The opening, hii^hest, lovreBt and closing prioee of f utares at
Liverpool for each day are given below. Prices are on the
basis of Uplands, Lo w Middling clause, unless otherwise stated.
Z>

r-^- TJu
1)3 (ilA.

priat or* given in fence and e4M«
and 6 01 meant 6 l-64d.

SnC,

May

Open a<«h
d.

<L

Um.

OlM

Ht«lt

Low.

Clot.

Opm

d.

d.

d.

d.

d.

6 00

5 61
5 61

6 60

6 00

6 00

563 563 5 63
Mar-JuoB.. 663 563 3 63 663
50)
563 5 62 5 63
jane-JulT-Jolr-Au«... 5 62 663 5 68 563
Auk. -Sept.. 560 6lt0 5 60 660
ecptomber. SCO 5 61) 5 60 660
6ept.-Oct... 5 42
Oot.-tJoT. .. 5 94
XoT.-Ooc. 6 31

5 43

534
6 SI

5 42
5 3i
5 31

560
660 5 61
560 6 61
555 668
5 53 65S
5 41

5 42
6 84
5 81

Slay

May-Jane..

d.

d.

6 02
6 02

6 03
03
6 03
6 03
6 00

6 02

jBDe-Jnly.. 003
July-Ang... 6 02
AUK.-Sept.. 5 63
September 6 83
Bept.-Oct.. 5 45'
Oct.-NoT. .. 6 87
NOT.-Dec... 534

600
5 48

588
535

Clot.

6 40

5 33

es-s

d.

d.

603 604 6 02 6 03

OOi

6 03

6 03

6 02
6 02
6 63
5 63
5 45
5 37
5 34

603

603

6 04

6 03

6 03

000
800

604 6 03 6 03
6 03 6 04 603 6 03
6 01 6 01 600 6 PI
8 01 6 01 600
01

5 46

5 46

538
535

638 635 5 37 6 37
635 536 534 634

6 03

6 47

6 46

600
600
600
60O
6 02

sea
64«
686
533

17.

C.

0.

Corn—

e.

Western white
78 •! 05
Rt<v—
90 VIOO
83>4» 84>*
Weetem
9 ha.
77 • 02
Btateand Jersey..
80 • 00
Oat< -Mixed
White
White
Corn - Veat'n mixed. 42 « 4t>a
Went'n mixed No.2. 43 9 44>4
No. 2 mixed
Mo. 2 white
Western yellow.... 43 9 46
norbiuh...
BpriuK No. 2
Ked winter No. 2 ..
BmI winter
BprliiK,

44

•

SO •
S4 •
29 •
83>t*
30 •

47
83

57
82
a8>a
81

S4%» 8«

The movement of breadstuffs to market ii indicated in the
statement below, prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at Western lake and river ports, arranged so as to present the oomparative movement for the week ending Majr U, 1889.

Open High Low. dot.

d.

d.

533

May

Whout—

d.

6 44 6 44
580 588

Fri..

Open H<«k Lott. Clot
d.

d.

6 40

d.

6 44
5 86

Than., May 16

Wednea.. May 13.
Op«n HiQh Low.

6 41

533 633 6 31 633
530 5 30 5 28 530

M*

High Low. Oku.
d.

:

rLnu*.
Fine
.9 bbl $2 I0*93 60 ,Huatham oom.extraa. •>
a 7ft
Bup«irnoa
3 40* 8 00 Boiitliem bakers' and
family braniM
BprinK wheat extra*. a Hi* 815
«00* «7ft
Mian, clear and (tra't. 8 73* SOO Rre floor, •uperflne.
SSA* 3 10
Winter ihlpp'sextraR, 3 00* sea
Fine
SOO* 8 76
WInterXXaudXXX. 3 7ft* ft 00 Cora meal—
500* 000 Western, 4u)
PaUMiM
3es» 2 75
Brandy wine
Boulliora aupors...... 2 73* 8 IS
8 8ft«OBAtH.

nil)r. II.

600 60O
600 SOO 600
00
6 00 600
8 00 6 00 600
5 63 562 5 63
5 02 9 63 503

6«0 6 60
6 40 560
560 SHO
6SS 668
568 5 58

The (oUowing »re the olodng quoUtiou

6 03

Ta««n

13.

0pm

<L

5 08

May

May

nioB..

11.

thUMt

669

6 48

d.

4.

8 01 6 01
6 01
6 01
6 01
5 63

6 01

6 02

6 01
6 01
6 01
6 01

602
600 6 63
563 60O 563
545 6 46 5 45
536 6 37 536
SS4 534 5 34

ChlOSKO

Dalnth
Minneapolis.

Toledo

5 JO

Detroit..

53T
534

Oleveland.
St. Lonls
Peoria

l,03a.31«

786.184

137,ia7

14.340

17,000

41,600

lO^M

63.572
4.211

40.213'

11303

ie,»o6

54,111
12.7S0

i.(

'89.

36.3n|

7,:

..

Kk.'SS.

155.773
245.006

wh.'87.

812.304

Since Aug.
186S.»
1887-8
1886-7

03,426
80.504

1,007

.

.

4b.TJt,[

Barlit.

Bm

BlMA48lb> Bi>.aei»s
«,7ai>

437,280
2.254

Tot-wk.

Same
Same

May 17, 1889.
active, and early in

63.574
80.241
33,848

MUwaulLee...

600

Friday. P. M..

01*.

BMf.ieeuu Bu<k.ao a»| Bu<l>.5e U»

6 00

BREADSTUFF S.

Com.

WhuU.

lUctipts ot-

d.

6 01
6 01
6 02
6 02

163.350
130,800

IfiM

1.92 J

17,426
84JttO
05S.8S5

1T,VS6
7Jt00

MM
BfM

IOS.000

30,867

1,439.421

1.903.633

941.889
1,506,798

1.496,559
6T3.6ge

I.495.35S

3S4.877
177,30»

1,283,307

1«8,«M

43UMa
8T3Sa

1.

7,853.636 80.047.941 04.217300 63.714.971 M.2W.748
e.8G3.6SS 05.434,719 69,808,777 «o,o50368 aajorojBea
8.746,891 75.213.773 '.0,603,914 5^jMl,713' 20.770.134

4.480M3

The market for wheat flour was fairly
i,8ta.M)a
1.819,088
the week under review prices showed considerable firmness,
with some scarcity felt in good lines of low grades from
The exports from the several seaboard ports for the week
But with the decline in wheat, buyers of ending May 11, 1889, are shown in the annexed statement.
spring wheat.
flour were disposed to demand concessions, or bought only
Mxportt
Syt.
Flow.
OaU.
Feat.
Com.
Wheat.
to supply immediate wants, causing a dull, weak market.
from—
The export demand was also less urgent. To day the market
Buth.
Buth.
Buth.
BbU.
SutK
SutK.
72,131
10,733
6,403
540,290 608,857
was dull and prices were nearly nominal. There was, how- Sew York
22,143
126,087
Boston. ..
ever, some renewal of export inquiry for low grades from Portland.
spring wheat.

The wheat market opened with some show of strength, but
as it became evident that the prospects of the next crop
had been greatly improved by the rains that had fallen over

Montreal.
Phlladel
Baltlm'ie
N.Orl'ns.
N.

57,921
852,«S0
224,571

8'.464

15,812
i500

......

News

Slohm'd

10,738
e,403
almost the entire wheat-growing section, values began to Tot w'k. 540,290 1,370,266 119,050
ttine
^ve way, and the decline continued down to the close of S'me
42,822
2,548
322,254 325.492 259,367
1888. ..
business last evening, when extreme inside figures were
The visible supply of grain, comprising the stocks in granary
reached. At the lower prices on the spot a good business
at the principal points of accumulation at lake and seaboard
was done for export, the transactions embracing amber Michi- ports, and in transit by water. May 11, 1889:]
OaU,
Com,
Wheat,
gan at 92>^@93c. and a line of white Walla Walla. Yesterbutk.
bvth.
"tat
bnth.
b^lth.
In utore at—
day the princip U s»le for export was 70,000 bush. No. 2 red New York
79,006
»;094
163,404 286,922
4,781,029
7.500
.,^....
w^inter for Montevideo for shipment next month, 35c. freight.
Do afloat.
38,500
12.800
"tJMO
23,000
To-day the market ouened weak, but recovered and closed Albany
46.'^00
31,706
216.249 138,527
2.140,180
Buffalo
steady, on a better export demand.
47,065
3,011.225 1,939,985 4,163,545 685.886
Chicago
89,912
921
46,702
594
658.807
Milwaukee
DAILT CLOSraO PRICKS OF HO. 2 RED WINTEB WHBAT.
41,402
922,033
1,870.622

May delivery
June delivery
July delivery

August delivery
September delivery
December delivery

o.
o.
o.
o.
o.
o.

Sat.

Mon.

64

8438
8478
85I3
8438
84=8
8738

81%
8512

84^
S5J8
873t

Tua.
81

Wed.
83

Thurt
8214
8258
83I3
8238

831a

m.

8239

OswCKO

83'i

St.

83%
83%

82'.«

82-'8

Ciuolnnall

se^'a

86^8

85»8

85%

Boston

84 >4

82 "^

A

DAn.T OLOSUtO PRICES OF HO. 2 MIXED OORH.
Jfon.

Sat.

delivery
June delivery
July delivery
August delivery
September delivery

42%

41-8

41''8

4'2>4

42'4
42^8
43=8

42'«

4238

0.

43%

43

o.

44

42

Tuet,

--8

42

c.
0.
c.

43%

Wed.
42=8
41^8
42 >4
42 'a
43=8

Thnrt.
4214
4l>«

M

42%

Tuet.

Wed.

Tkurt.

29'4

29

2^38

28>«

29'8

28%

2S%

29^
28%

28%

'-R''g

29

29

28<>8

Jfon.

Sat.

May delivery
delivery
July delivery

Pje

B3ld

0.
....o.
0.

on Wednesday

23'4

at_58c. for ^hoic; ia elirator.

1,101,390
29,000
59,000
12.877

122.504
553.662
153.774
107,382
78.954

99.651
44,307
60.000
1,629.632
126,711
4,000
464,112
249,538
118,218
12,748
3,758
60,661
195,746
2,500

92,170
679,085
5,815,807
280,000
ss'o!«.Vs
40,000
475,452 2,22^,335
380,000 2,166,300

36,186
6,684

22.836
3,950

433

135,249

25,019

140.00O
86.053

24.00U
87,314
10,403
62,005
79.975
347.543
20,032

62,000
881

27,000
14,107
131.118
56.465

87,475
4,063
7.114
8,905

41,933

l.M>,986

61,834
134,823

4,304

127,'i3!5

609,744
136,600

3,2S0
191,300

23,850,475 11.284,430 6,763.655 1.363.790
25 2T0.7:!1 12.113.861 7.143.138 1,430.228
29!J71.77l 6.924.504 4,108.0-4 242.8M
'87
44.459,102 13,7«6,160 3.803.630 336.373
14
317.880
iS: '86. 39.590,730 9;817,86l 1,456.767

ToLMavll '89
T°l May 4. '89.
T>UMay 12.'88

4ml

43 >•

DAILT OLO8IMO PRICES OF HO. 2 MIXXD OATS.

On Mi.Hslsslppl. ..
On lakes
On canal <t river.

rirt:

41

pressed.

8t. I'aiil

'Pot

4338

ailoat

roronio
Montreal
Philadelphia
Peorlu
Indianapolis
KanBiiH City
Baltimore
Minneapolis

42

42
42 »8
1

Louis

Do

FH.

Oats were firmer eirly in the week, but yesterday quite
broke down under the improved crop prospects and dalness
of regular trade. To-day the market was dall but less de-

Juue

957,287
07,262

Dewoit

82%

84>a
8518
83'8
8414

Indian corn has been depressed by the improved crop prospects, following the copious rains that have fallen in the Ohio
There has been a
V alley and other corn growing sections.
fair business for export, mainly in mixed Western arriving
by canal. The business yesterday was at 43@43i.^c. for No, 3
and 4:2}4@i2%c. for ungraded, all afloat. White corn is
break in
somewhat unsettled and yellow nearly nominal.
the Erie Canal may caus i a temporary scarcity next week.
To-day the market was easier, but closed steadier, with the
speculation more active.

May

Duluth
Toledo

*

Mar
M^y

10,000

MB.S80
785.C38
ei8.8S«

SO7,M0
417,8M

Lost week's stocks— this week's not received.

THE DRY GOODS TRADE.

K«w YOR«, Friday P. M., May 17, 1889.
Business in the wholesale branches of the dry goods trade
was restricted ia volume the past week, and the market haa
presented very few new features calliog for special mention.
Fri.
2^\ Operations on the pirt of out-of-town jobbers and the mana2H'4
adi-B
facturiog trade were chiefly of a hand-to mouth character,
i but var/ foil Ofljrs lor a fs;vspdAU;-e4iaUU4tti wiutae

:

:

:

THE CHRONICLE.

670

goods were placed by buyers for remote sections of the counThe jobbing trade was spasmodic and irregular, most detry.
scriptions of staple goods having ruled quiet, while a fairly
satisfactory business was done in light printed dress fabrics,
as cballies, lawns, batistes, sateens, &c., and a liberal dis
tribution of staple and farcy white goods was made by some
of the leading houses. The tone of the general market continues steady and stocks are well in hand.
Domestic Cotton Goods. I'he exports of cotton goods
from this port for the week ending May 14 were 1,6S2 packages, valued at f 99,217, their destination being to the points
specified in the table below.

—

1889.

NEW YORK

TO

Mat

Week. Since Jan.

Otber Eurojiean
China

2

935
17,981
2,494
2,109
1,604
6,*41
1,405
l,f51
14,012
1,263

2968

53

1,658
11,405
1,017

724

53,896
26,714

6,586
3,125

62,006
18,830

2,406

80,610

9,711

80.837

Arabia

2'

Africa

222

West Indies
Mexico
Central America
Soutli America

51

124
417
58
1,682

Vancouver

1.

Indigo blue flannel iuitlngs continue well sold up and steady
Soft wool and worsted dress fabrics were in light
request for immediate distribution, but some very fair orders
for leading makes were placed for next seafon. Flannels and
blankets continue in light demand, and a moderate business in

wool hosiery and heavy underwear was reported.
Foreign Dry Goods.— There was a light hand-to-mouth demand for seasonable goods at first hands, and a fair distribution of light summer fabrics was effected by leading jobbers.
The auction rooms presented varied but moderate sized offerings of imported goods, which were mostly sold at about their
market value.
Iniporlations of Dry Cools.
The importations of dry goods at this port for the week
ending May 9, 1889, and since Jan. 1, and the same facts
for the corresponding periods of last year are as follows:

360
16

406
194
214
1,002

^

c:
B:

E:

UIMCCM.U

'occ-.

l5fe9,

have been

1

against $8,758,999 in 1888.

,

1889.

Stock of Print Glotht—

1888.

1887.

\2.

May H.

35,000

91,000
196,000
47,000
55,000

UayW. May

FaU River manufacturers
Providence speculators
Outside speculators (est)

66,000
7,000
None.
5,000

68.000

63.000

M

130,414

a

<ic;'tocoo

C5 a CO M
M
COCtOOM

2:i,000

None.
6,000

W
W
"io

MO

»p.QCOih-OD

389,000

to to

otj

t0lP*MQ0C0

I

toiocco«to

C

I

*^b

;

05

a

OitO

1

MCtC^-M
tC

(t-

00

5C

COM

c
05 1^.
'coVi

to 10

i

X cc o

M c CP to

li

M

K OC to C

;

CO to 05 CO
en CJt ** O'

O
—

CO
Of

I

I

,

C5

-ji

Q ^ « M :d
05^** ICO
0*10 CO *J M

MCn

Citocco

MCC

a
to M
*-"^

I^CO

ocoDtacj-O

coco

**

CO COM

Mto
rf*

CO

I

I

I

C

M
X

Of
to -J JO ;t

rfk -.1

C0CCOCCC5
tOioa&c;ico

MM

CO t; i;^ CO <—
;v]<lQ0C to

-^1 cji

p

Ci-rCX^COM^

itk

to to
CO CO O* lO TO

o*toa

'b'OTCc'co'to

WCCcnc

tv CC I— CO *k

CS

405,000

:;»

cn-jcorf*-to

m05C.C*:m

'

.

tC to O"

*

05

<1 4*

OMM
y CC *
t3
M

X -3

COOCCCC

I**

\

I

Qi

H-

1*^

QLp^-MCCO

CCil^

i

O-Ci

to

C0&

M
M -^ O to CP

s

toe

p ccoccosto
»-'Cogi
c: *i c CO Oi
m^ o

i

—

c;i

MS

tc 10

M^qtocOM

'ycoVjcio

MM^ae
pp
tolo MM Vj

c:

00 05 to

92 a.

J.

w:doco

05^

g CO 05

Oit^'-'OCiC:

O"

COJLWH-tO

tX^COrf^'Cn

ifr'

lOM
CiO
CJ'-J

c toxow

M-ltOi33Ci

QC*Ji^-4ao

CCCntoOSM

oiV]

I

ceo

M tOM*'
COOOO'M

**

to

,

(XCO

QO h- CO CJ>
GC to COW CO

Ci^

IctOGCCOtO

9'
CO

'.

*

01

Pi*

CC^J

QC 00 »C

C 3: c: X

MMMM
OOMx'-l

^-pCifJi

tfk

OlCO
Ot:j

iC'

0->

C-vJCOwuO
OM*».<](0

<IMH*lOtO

Mpoo^jF^w
'^'^COOiO
ccto-^aco

i-'cc'i-^C:

O

COi^

t;>

00

**.

00 CO u*

M

tC CO

--J

If" »f*

M

V^iaoito
iji M M M V^^

ooct-- to
WMCOCC p

GCC

M^ViVi MnUnxzxxts.

jBHXiH iltatcmttxts.

coc*-'*-oto

O^t-OJCO

a^5
MOi

0; Ui

*»M
^tC
«"*;;>

1

«^

to
CO

*

0' cs o:

mS

tor-cnxioo

coo^-pio-^

M
M

QDIO

to

M to Ur to to

#>

fig

to to*.! If* CO
CO •CD If*.

W

a GO

CO

MM

1886.
Jfaj 15.
84,0UU
45,000
235,000
41,000

EOMESTic Woolen Goods The market for men's-wear
The commission
woolens was tame and uninteresting.
housfs continued to make steady shipments of heavy cassiovercoatings,
suitings
and
trousermgs,
&c.,
meres, worsted
on account of back orders, and deliveries in this connection
reached a fair aggregate amount; but new business at first
hands was only moderate, and the jobbing trade was irregular.
Heavy Fatinets weie quiet in demand, and a limited
business was done in Kentucky jeans and doeskins, while
spring shawls were less active than in preceding weeks.

35,677

28,s37

01

10

Total stock (pieces)...

CJ'MtOMCO
cico-iy vt
OC to to -^ 05

I

C50
COM
xco

3U,772

CO

As a whole the den and for staple goods at first hands was
very moderate and the jobbing trade was light and irregular.
In order to quicken the distribution of fine bleached sbirtings
certain prominent makes wt re slightly reduced by agents
Low and medium grade
with fairly satisfactoiy results.
bleached ^( ods ruled quiet and stf ady and there was a moderate business in wide sheetings, cotton flannels, corset jeans
and satteens, at unchanged prices. Colored cottons remain
quiet in first bands, and agents report a steady business in
white goods and ctocbet quilts. Print cloths were in fair demand and prices ruled firm on the basis of 3J^c. for 64x64$.
Held by Providence manivTrers.

Q Ui

CO CO to cw ig

direct.

The values of N. Y. exports since January
18.145,360 in

J tf^
co^

cc^MC

Win

^1

From New England mill points

ft

:

^
o

QO

Total

H

a

1,381
26,100
3,247
5,853
2.134
0,143
2,166

1,300

[Vol. JLVIII.

in price.

902

49
24

559

...........

Total

Week. Since Jan.

1.

3,801

India

•Cliina, via

1888.

14.

247

'

X

!
.

1

a to CO CO M

ganli ^tViUmzntB.

OF THE CONDITION OF THE REPORT OF THE CONDITION OF THE
pEPORT OF THE CONDITION OF THt KEPOKT
NATIONAL UANK.at New
FOURTH NATIONAL HANK, of the city
-^MERCANTILE NATIONAL BANK Ynrk.?4EABOARl>
the State of New York,
the close of busi- of New ork. at New VorK, in the Stateof New York,
in

oi the city of

May

New

iit

May

York, at the close of businesn

ness

HESOURCES.

Loans and discounts

Loans and discounts

f 8.180,284 50
l.»38 54
50,000 01
3,1 00 00
200.000 00

Overdrafts.

O. ». boNds t« secure circulation
Other stocks and bonds
Real estate, banking house
02
00
00
25
ExcbanKCS forcriPKhouee l,01b,5y2 67
Uue trom national banks.. 468,093 56
Due from State bunks and
bankers
22.593 55
Redemption funa with U.
8- Treasurer (5 per cent
2.220 00
Of circulation)
|1.289.204
Specie
].a:ii:^,600
IjCKal-tender notes
144, 112
BUls of other banks
14.356
Cti'ks and other cash items

848 87

U. S. bonds to securt; circulation
U. S. bonds to secure deposits
Other stocks, bonds undmortKanes....
Due from other >ational banks
..
Due from State banks and bankers
Real estate, furniture and ditures
Current expenses and taxes paid
.

50.000 OO
200.iiOO

00

94,694 26
2lo,0'!3 65
bO, 9s 10

.

2.400
20,tM4
58,900
9,703
81 r, 902
20,000

other banks

14,181,401 95

$12,566,015 UO

Redemption fund with U.S. Treasurer

LIABILITIES.
fl.000.000 00
550,000 00

Surplus fund.
Undivided profits, net
National bank notes outstanding
DlTidends unpaid
Deposits —
Individuals
»4,302.447 84
National banks
4,741,07u 11
State banks and bankers... l,55H.t'46 50
Demand certs, of dep'sit..
29.980 0«
Certified checks
13o.:i6l 30
Cashier's checks outsi'g..
l2.8-ti 74

1 WO. 598 93

45,(00 VO
15 00

10,780.401

0*:

»12.666.0I6 00

New

York, County of New York, ss
1, Freb'k B. Schki^-ck, Cashier of the above-named
bank, do solemrtly swear that the above statement
iB true, to the best of my knowtedae and belief.

tender.^
(5

B. SCHKNOK. CasDler.
Subscribed and .sworn to before me this 16tb dav
Of May, 1889.

F. A, K.
Notary Public.

Correct-- Attest:

Bryan,
New York

$500,000 00
100,000 00
56,337 25
43,420 00

Surplus fund

Undivided profits
National bank notes outstanding
Individual deposits subject to check..
Demand certificates of deposit
Certified checks
Caahier's checks outbtandinK
United sjtates deposits
Due toother National oanks
Due to State banks and bankers
Total

1, 81*3,555

120,772
3iW.66H
28.i87
220.000
1,348.131
1,223,050

35
&4
17
70

00

85
87

)

S

40
^8
00
00
58
92

3*i,H04 5ft

00
66
44
OO
13' 87
4.508.494 00
910,185 00
730.000 00

600,000
23,740
10,075,392
20,000

9.000

00

$36,060,740 84

Total

LIABILITIES.
$3,200,000 00
540,000 00

Capital Stock paid in

Capital stock paid in

Surplus fund

net
845.979 68
180.000 00
National bank notes outstanding
Dividends unpaid
1H.04& 60
Individual deposits subject to check.. U.841.501 1ft
Individual deposits tor acceptances. .. 7,605,159 3ft
Demand certificates of deposit
9,423 53
Cashier's checks outstanding
105,609 20
219.500 90
United States deposits
11,261.678 40
Due to other national banks
DuetoState bajiksand bankers
633.843 08

Undivided

profits,

$5,857,425 03

New York. County of New York, as.:
I, W. A. Pullman, President of the above-named
bank, do solemnly swear that the above At&tement is
true, to the beat of my knowledge and belief.
W. A. PULLMAN, President.
Subscribed and sworn to before me, this 17th day
State of

-

of xHay, 1889.

C. H.

SYMME8,

Notary Public, tNv.4) N.Y. Co.

Co.

GBORGE H. SARGENT.
UENH\ T. KNKELAND.^ Directors.
WM. P. Sr. JOUN,

$!8.165.S05
354
200.000
200,000
Other stocks, bonds and mortgages ...
161,563
Due from other national banks
919,900

$5,857,425 03

LIABILITIES.

,

...

Specie
Legal tender notes
U.S. ctfs. of deposit for legal tenders..
Redemption fund with U. 8. Treasurer
(5 per tent of circulation;

:

FRED'K

Loans and discounts
Overdrafts, secured and unsecured
U.S.bondsto securecirculation
U. 8. bonds to cecure deposits

306 76
360,618 00
415,676 00

2,250 00

ToUl

:

Due from State banks and bunkers
Real estate, furniture and fixtures....
Checks and other cash items
Exchanges for Clearing House
Bills of other banks
Nickels auu cents

130,000 00

per cent of circulatiouj

13th, 1889

00
80
00
72
29
00

Fractional paper currency, nickels and

pennies
Specie
Legal-tender notes
U.S. certificates of deposit for legal

May

{RESOURCES.

$3,395,238 58

Overdrafts

Bills ot

capital stock paid in

State of

at the close uf business

RESOURCES.

Premiums paid
Checks and other cash items
Exehan^'es for dealing House

Total

ToUl

V

18, 1889:

13, ISbH

Correct— Attest

HENRY M.CURTIS.
iiKnKY ALLiCN,
W, W. ROSS.

$38,560,740 84

Total

Stateof New York, County of

New York, s«

Subscribed and sworn to before me, this lt!th day
D. G. Fanning.

of May, 1889.

Correct— Attest
J.

)

>
)

Directors.

;

1. CHA8. H. Patterson, Cashier of the abovenamed bank, do solemnly swear that the above
statement is true, to the best of my knowledge and
CHAS. U. PATTKRSON. Cashier.
belief.

Notary Public.

EDWARD SIMMONS,

HOB r. w. >TUAHT,
Ht^DK. MEAD.

)
>
S

Directors.