The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
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HUNT'S MERCHANTS' MAGAZINE.
8KPRBSENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES
[Entered aooordlng to Act of CoDgresH, la the year 1891, by Wm. B. Dana
VOL.
4 Co., In the olllce of the
SATURDAY. MAY
62.
3iJIte
in Adrance:
$10 20
cent at Wichita. Other points at which the decrease has been
important are Fort Worth, 81-8 per cent Chattanooga, 27'5 ;
Milwaukee, 26-7, and Dallas, 26o per cent. There are, however, some heavy percentages of increase, notablv Qalveeton,
108 per cent Syracuse, 448
Norfolk. 42-9
MinneapoUs..
42-8; Nashville, 40-1; Tacoma, 87'6. and Los Angeles, 30-4 per
cent. Comparing the current year's figures with those for
1889, and making allowance for the clearing-houses since
included, we And an excess now of about 11-5 per cent.
;
6 10
11 50
6 75
Europeiui Subscription (InoUidlntf postaKe)
European Subscription Six Months (Including postage).
Annual Subscription in London (including postage)
£2 8s.
do.
do.
do.
£1 Os.
Six Mos.
These prices Include the Investors' Supplembkt, of 150 pages,
lulled once in two months, and furnished without extra charge to
Qbecrlbers of the Chronicle.
A die cover is furnished at 50 cents; postage on the eiuue is 18
eente. Volumes bound for subscribers at $1 00.
;
;
London Aeents
Meurs. Edwakds & Smith, 1 Drapers' Gardens, E. C, will take suborlptloua and advertisements and supply single copies of the paper at
Is. each.
(
B. DANA & Co.. PnblUbers,
102 W^llllam Street, NEW YORK.
Post Office Box 958
UriLLIAm
t
CLEARING HOUSE RETURNS.
iSSI.
680,709.802
thant.)
Olkarikob.
Jbtunu
t>v
Tetevrapk.
Hew York
1891.
6,060.000
6,U1,I0U
S.OiS.OTS
1,7^.812
-(•21-6
-(-14 H
l,.-t46,«65
1.I«",4I8
-HM-6
SprlnxOeld....
LSlH.aOO
1.16e,ti88
Wuroester
1,216,139
1,184.654
809,700
314,263
Portland
Lowell
New Bedford.,
England...
Total Middle.,
Detroit
CleTeland
PtrOmt.
•725,343,514
93,343,916
64,430,011
11,466,999
67,009.000
18,400,768
7,892,913
Columbas
Indianapolis
Peoria
-15-6
-7-8
-20-4
Beaton
PhUadelphla.
Balttmore
Ohloago
St. Lonls
Hev Orleans
S612,032,?61
B8,S03,4Se
61,257.373
9,H22,T94
71,480,000
18.347,370
7,478,230
8«T«n cities, S days
Othtr clues, S days
•8S4.72I.510
145,916,210
•987,883,120
138,696,519
-lS-6
•1.000.637,720
2i4,102,913
•1,126,482,639
253,308,158
-11-2
-3-6
Onuid Rapids
Total Middle Western
-143
San Franolsoo.
Portland
Salt Lake City
-(6-7
-11-2
_6-3
Seattle
Taooma.
Total all cities, 6 days..
AU (titles, Iday
-r6-8
Total PacUle.,
Kansas City
Minneapolis
Paul
St.
Total all oltles tor week..
The
$1,244,740,633
full details of clearings
for the
Oenvar
Dnluth
Joaaph
BloaiClty
Dae Molaaa
Wichita
week covered by the
above statement will be given next Saturday. We cannot, of
oourse, furnish them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to bo
Below
in all cases estimated, as we go to press Friday night.
are our usual detailed figures for the previous week, that is
covering the returns for the period ending with Saturday
'oa. April 25, with the comparative totals in 1890.
Notwithstanding a much heavier total of transactions on
the Stock Exchange, and an active speculation in both grain
and cotton, the clearings at New York record only a slight
advance over the result for the preceding; week. Moreover,
the aggre^te exchanges outside of this city exhibit a decline
from April
Omaha
-9-8
•1,379,788,797
18 of nearly thirteen millions of dollars,
and
St.
Lincoln
Topeka.
Total Other Western.,
St. IjOOIS
,
Orleans.,
LoalsTllla
1367.625
1318.864
-flS-ft
801,078
-14-0
454391
-H)-8
8M.266
112.333,019
e.6T6351
-H8S
-I-5-8
1.645,6m
1.787,686
800,000
-I-1-6
666.8:jS
-M4-8
-6-«
^trt
807.604
983. las
-M-e
1,481367
-11-6
106336,010
115,505.468
77,594,939
11,526, 160
I,l!«l,770
1.616,608
6«e,538
1,7B8.106
1,S81,»25
702.176
119,884,803
1114171386
16.561.198
1.77l,4»4
1.430,731
816,338
938.690
-WTI
—8-8
538.080
~2r»10.i84
19.648.260
8,467,«0e
6,236,646
8,7aS,«8S
3,817,261
4.610,388
1,612,700
1,898,837
i.oo«,4au
l,a<S,l23
530,6a0
40tl.A^
416,116
8.798.191
4.S6«,S78
4,199,173
4.798,684
.040.044
6.080308
-1»4
S3S338S
-14-4
4329.V66
43aS.7»0
1377.744
9-6
-1-70
7
81321.938
6.682.4(16
-26
4.741.763
.6-0
^^.
-(-6-0
4,868,647
4,472.448
-(18 8
6,6tM.7))8
-(•19*
-(-••1
-09
+Ti
4.958.384
3.468.700
8,028,447
1,778.87»
782,144
-(1T4
-M-8
119,680,184
«•»
14.344,966
-f«-4
I93463S7
1,607386
1386.161
-I-17-6
137»,«96
1.74U319
-I-
a.M7.2U0
-(-16-9
183^.150
-12«
68W324
-H«»
-(6
•S3863I8
-t-IO*
8,g«S.188
l.e7V,034
1,434.067
l,a«0,O»t
1.4<73S6
7V9,«M
903.642
781,084
580,987
1,018436
348387
•18,086
-38
+4T-I
616.6ftl
607349
-19-8
-12-t
-7-7
1,873,6«
-(-im
•0,6an33S
103S0.U16
7.68S36H
•.105.94
t.tMjsan
868382
-f.ioe-'>
•.4«6.7e4
13S6.S«e
-(^O-l
2B-S
•.043326
-•1-8
-f4»»
--27 5
-6-1
•7«3»0
•0,083,028
19397,116
8,142333
8,«el,968
7,1»3,8S4
2,379,688
HO-7
M6U350
-1-1
-8-6
—
41(1,101
7»>3»3
976,182
478,800
•68300
•96323
733.068
•60,159
487367
—161
4e366,288
-W-4
1.1I73»0.41« l.ia».80«.128
440.7S6.eiT
-6-»
+ir*
±11
*^
•67.216
96S.6S6
464.000
6^1.120
413,000
US
-art
—17«
l,6»»37e
M34S316
-ri LH».4«8,W
;
436 seo.nin
•(-28T
4-80-4
-(-•6
«3U3n
+1*
-t-7-8
-l-iro'
892.716
Hf7.874
1,412488
totals.
-9-1
—10-»
84,861,961
12,S8R,450
4.832,»^S
6,881.416
4.681.146
2,887.100
Chattanooaa.
Blrmlnaham..
Total all
decrease is pretty generally distributed over all sections of the
country.
Ontsioa New Tork.
• Not Inclndad la
Contrasted with the week of 1890 there is a decline in the
-n-»
102,123.512
•18.782
Total Soatbani...
[
+17-9
-<-l6-S
67,496.679
14.»a«.97V
ld,951.W7U
6.871.057
2373.067
i
this
-)-«fl
780,587
-15-6
—18-6
-6-
Memphis......
Rlehmood....
Oairaaton
Naahrllla ....,
Dallas
Kort Worth..
Norfolk
Houtoa*
Waco*
-f9;o
I.UO3.044
1.013.161
74.582,060;
17,947,784
13,044.2021
7,101.864
9,178,179
8,221,116
1,881.033
liSXIngtan....,
-•1
I3«f3es
34,286,946
New
'
1,801380
1363,024
62,861,460
701,488
,
(2£i,0UO)
-HO
1,009,U«T
Los Angeles
(74,2&6,ll76l
113,887,618
7,481,400
1,882.872
•13,971
963,886
1,406,668
Chicago
(297.1001
110,031,391
I2,373,6W
BnffAlo
(1378.691)
~^5
15.624.1)62
Milwaukee
1890.
>.9S<
97.967384
Washington
Wllmlneton. Del
Brraouse
RocheBter*
'i.
712,538.508
86,661,196
I'roTldano*...
llHrtford
New
p.Oiu.
1381.
-4-6
108,523,703
4.229.700
New UaTOD...
VTuk Snir« Apr. I»
-5-7
Clnotnnatl
Ending May
I
lnuhtl$.) ao8,4:<s,aso
M>1<.1
i:«U,0O0)
Pblladrlpbia
PittsbDrg
Baltimore
The following table, made up by telegraph, etc., indicates
that the total bank clearings of aX\ the clearing houses of the
United States for the week ending to-day, May 2, have
been $1,214,740,633, against $1,117,559,910 last week and
$1,379,788,797 the corresponding week last year.
29.
UMO.
(1,460,854) (+89-2
(46»,300' (.6S-8
(80,850,760 (+280-4,
(2,831.000: (-92-4)
(2.013.404)
baUi.)
Boston
Total
WUk
;
tTMk MnMnt AprU
Terms of Advertisiu?.
Advertisements ordered for less than one month, in the Commercial
A Financial Chromclk, an- published at 25 cents per line each insertion. When orders are ctelliiitely given for one month or longer, a libNew Tork
eral discount is allowed, and the net price» maybe obtained oii appllca- .SO/M 0/—
aon at the olllce. The lowest rates on permanent cards deflnltely or- IStock*
dered for one year are 8 cents per Hue each Insertion, making .$58 for
(Cotton
(0ra<n
one Inch space one year. Space is measured in agate type— 14 lines to
(Pttrokvm
the Inch.
}
1,349.
New
For One Year (Inolndlni; postage)
ilo.
For SLt .Months
WILLIAM B. DANA'
JOHK O. FLOYD.
NO.
2.1891.
total of 8-1 per cent, the fmJling off at
York being
4-5 per cent, .ind in the aggregate for the remainder of
the country being 0-9 per cent. Twenty-three cities report
losses ranging from 0-9 per cent at Grand Rapids to 82'1 per
(^hxoxxxclt.
Terms of Subscription— Payable
Librarian of CongrefM, Wa«hln({ton, D. O.J
-=!i^
4«e.iiiw"
*»*
;
;
THE CHRONICLE
€56
[Vol. LIl.
Notwithstanding the gold exports and the increased
money have shown
but slight changes. To be sure, tliere has been increased activity in the call loan department, but this
has been due, in part at least, to preparations for the
May payments of interest and dividends, and the feeling
is that in a few days the market must resume its
normal condition. Of course, gold exports may continue on so large a scale as to upset these calculations, but the conditions noted above would seem
speculation in stocks, the rates for
TEE FINANCIAL SITUATION.
Gold exports, crop prospects and London buying o f
stocks have been the chief influences acting on our
markets this week. As to gold exports, they hare not
ostensibly received very
much
attention; in fact the
hitherto withdrawn has not been large, while
the taking of securities by Europe within the past
few days has suggested the possibility of a* smaller call
for gold in coming weeks than previously anticipated.
amount
to
preclude
that
view,
especially
as
the
flow
of
how- currency is now towards this centre in large
This
from
volume. So far as represented by bankers' balances, the
encouragement
much
find
moment
the
ever, at
yesterday's operations, the withdrawals yesterday for extremes have been 9 and 3^ per cent, the average being
shipment to-day being in fact quite liberal, and look about Sj^ per cent, at which renewals have been made
especially so after the movement early in the week banks and trust companies have also loaned on call at
and the reports of securities going out. But, as we 3^ per cent as a minimum, some institutions gatting
have remarked on previous occasions in this column, 4 per cent. Time money has been fully as easy as it
the outward flow of the yellow metal (unless the total was last week and the supply adequate, although the
should become so large as to affect our money market) demand, owing to the increased business on the Stock
will have comparatively little influence so long as crop Exchange, has been greater; rates are 4 per cent for
prospects remain so full of promise, both as to yield sixty to ninety days, 4^@5 per «ent for four to five
and price, as they now are. The new wheat will fur- months, 5@5|- per cent for six, seven and eight months
nish exchange in June, and the crop will begin to on good Stock Exchange collateral; where ordinary
move in July, so that if the speculators do not inter- mixed security is accepted the rates are ^ of 1 per cent
In commercial paper there is
fere with the marketing, all the gold that goes forward higher for each period.
and
more
of the city banks are in
less.
a
better
demand,
next
six
weeks
or
during
the
ought to be shipped
supply
the
market,
while
the
of really first-class
when
the
reports
from
remember
a
year
scarcely
We
Rates are 4J to 5 per cent for 60 to
the agricultural sections of the West were at this date names is scarce.
Winter wheat, 90 day endorsed bills receivable, 5 to 5J per cent for
so generally and decidedly hopeful.
which opened the season with a good start, has made four months commission house names, and 5^ to 6^ per
spring wheat will about all of cent for good single names having from four to six
€xcellent progress since
it be in the ground even in the latest sections this months to run.
Athough in London the rate of discount for sixty
week; while oats have been seeded under the stimulus
prices,
and
the
crop
is
likely
to
ninety day bank bills has been above the official
high
to
be
of
into
during the week, closing at 3^@3f per cent,
one
and
to
go
consumption
minimum
large
at
a
a
good figure as soon as harvested. Should no untoward there was no change made in the Bank rate on Thursevent happen, the results which these prospects fore- day, the directors probably regarding the movement of
oast, added to the assurance that an abundant yield of gold to the interior of Great Britain as unimportant,
food products will meet a large and urgent demand, and, besides, they are no doubt looking to New York
must of course mean good returns to the railroads for shipments of the yellow metal during the next
and so long as this anticipation finds encouragement few weeks.
The only news of interest abroad
of
announcement
in the reports that come up from the agricultural sec- during
the
the
week
was
tions, it is impossible that confidence in such property the decision of the Argentine financial authorities
should not be on the increase.
to issue notes against silver and the disclosure of
There have been some incidents of the week which the unsatisfactory condition of the National Bank.
have tended to arrest this growing confidence. The These reports, however, seemed to have no influence in
At
disclosure of the defalcation in the Ninth National London, except to depress Argentine securities.
Bank was of this nature. Not that there was anything Paris the open market rate is 2f per cent, and the cable
in th« loss to the bank to affect the high repute in reports that the monthly Bourse settlement is looked
which that institution is held ; but the public is forward to with some anxiety. At Berlin the rate is
always startled whenever a trusted man high in 3f and at Frankfort it is 3i per cent. The Bank of
position proves himself unworthy of the trust, and England lost £477,000 bullion during the week; this,
jumps to the conclusion that like disclosures are as we are informed by private cable to us, was due to
pretty sure soon to come to light with regard to many the import of £247,000 ("bought" and from Brazil),
other men so placed. For the moment it is forgotten, to exports of £300,000 to Portugal,. and to the shipthat every firm and every bank and all business in fact ment to the interior of Great Britain of £524,000
is similarly situated and cannot be conducted other- for the Scotch banks.
The Bank of France gained
wise than on a basis of confidence in our fellow men, £303,000 gold during the week, and the Bank of Gerand yet how very few prove unfaithful. Is it not on many since the last report shows an increase of about
account of the singularity of the announcement that £534,000 of this metal.
another man so placed has been found to have his
Our foreign exchange market though dull has beetfi
price, that the matter deserves chief attention ?
The firm and higher. There has been a supply of sterling
feeling which ought to be suggested by this incident, drawn against outgoing securities, but in addition to^,!
as we look at it, is one of surprise that out of the vast that there have been quite large remittances of gold^i
number having qualities which lead us to believe in Lazard Freres shipped $700,000 on Tuesday, of whicl
their honesty and trueness, experience brings to light $560,000 was taken from the Treasury this gold wani
«o very few that prove in any degree unworthy of our to Berlin. Oh Wednesday L. Von Hoffman & Co.
trust.
shipped $500,000, and Kidder, Peabody & Co. $350,'
expectation of a smaller
movement does
not,
;
i
I
'
;
May
2,
1891.]
HE CHRONICLE.
I
London as an exchange operation.
Yesterday Ileidclbach, Ickelhoimcr & Co. withdrew
$500,000, August Belmont & Co. $500,000 and Lazanl
Freres $1,900,000, all for shipment to-day; a ship000, which went to
ment
of
made on Tuesday by
The rates of exchange
Tuesday when Brown Bros, and
$200,000 was also
& Co. to Cuba.
Muller, Schall
as
much
oa
657
$561,000, during
the
following
three
months the earnings in that way did not amount
to $300,000 in any month, being $294,000 for April,
$246,000 for May and $247,000 for Juno. To the extent that the earnings from that source were loss ia
these months than in the preceding months, the falliug
off the present year in those months
it is to bo presumed will also bo less. It is perhaps worth noting
that if on the one hand the company's income the
present year is greatly reduced, on the other hand the
were unaltered until
the Bunk of Montreal advanced the short rate to 4 90,
On Thursday Baring, Magoun
leaving long at 4 86.
& Co. advanced to 4 90 for sight and the Bank of
British North America to 4 86| for long and 4 90 for requirements for dividends will also be reduced, as
short, making the rates at the close of the week 4 86@ dividends are on a four per cent basis now, against five
4 S&i for sixty days and 4 90 for sight. Kates for actual per cent the previous year. The company's stock is
business yesterday were 4 85i@4 85^ for long, 4 88}@ large, being $76,392,600, and hence a reduction of one
4 89 for short, 4 89i@4 89J for cable transfers, 4 84^0 per cent means a saving of over three-quarters of a
4 Sii for prime and 4 83i@4 84 for documentary com- million dollars.
Apart from the Burlington & Quincy the returns of
mercial bills.
The Chicago Burlington & Qnincy statement of net earnings which have come in this week are quite gengross
I
I
and net earnings
for the
month
of
March has
failed to
meet
its
charges in the
sum
of $352,189,
while in the corresponding quarter in 1890
This
surplus above the charges of $695,009.
,
erally favorable
—some of them exceptionally
so.
The
been issued this week, and some surprise has been ex- Canadian Pacific shows net of $497,040 for March, 1891,
Gross earnings against $392,770 for March, 1890, and for the quarter
pressed at its unfavorable character.
have fallen off $671,467 as compared with the corres- net of $1,163,586, against $767,131. The Chesapeake
ponding month last year, and net earnings above oper- & Ohio for the month has net of $164,825, against
As a conse- $101,661, and for the three months $504,582, against
ating expenses have fallen off $369,150.
The Mexican National shows net of
quence the surplus above the month's proportion of the $326,397.
against $41,414 for March, and $290,946
year's fixed charges is only $109,541 for March, 1891, $98,640
For against $177,547 for the quarter. The
against a surplus for March, 1890, of $497,176.
Philagains $57,978 in
net for
the three months ending with March the company^has delphia & Reading
it
is
had
March
on
earnings
the
of
the
Railroad
Com-
pany, but on the other hand the operations of the
a poor Coal & Iron Company show a less favorable result on
a
but it is a little difficult to see the month's operations (owing to a very heavy augmenshowing
For the four months
•why after the unfavorable statements for January and tation in expenses) of $58,708.
February a better statement should have been expected of the company's fiscal year from the Ist of December,
On the contrary, official information, as there is a surplus, after allowing for fixed charges and
for March.
contained in the company's annual report published miscellaneous income, of $109,951 for 1890-91, against
only a few weeks ago, clearly pointed to a worse show- a deficit in the corresponding iour months of 1889-90
ing for March than for January and February, just as of $30fV,751, giving an improvement of $419,702.
has now happened. In his remarks President Per- This is on the Railroad Company. For the Coal & Iron
kins, after calling attention to the failure of the Company there is a deficiency in meeting charges of
corn crop in Iowa, Kansas and Nebraska, stated $502,656,again8t a deficiency last year of $493,298. Hence
that so large a part of the country served by the the net amount of improvement on the two companies
company's lines was dependent on the corn crop that combined is $410,344. The Erie statement for March
any serious damage to that staple necessarily affected has also been issued this week. It shows but
adversely business of all kinds for many months. Not slight changes
$48,792 increase in gross
and
only that, but a statement was given to show just how $13,126 increase in net. The Central New Jersey
much the company earned during each of the first six figures were given by us last week, and showed $72,391
months of last year on the carrying of corn shipped gain in net for the month, and $279,606 gain for the
from points in Nebraska and Kansas. From this quarter.
that the earnings from
The Chicago Milwaukee & St. Paul for the month
statement
it
appeared
in reports $54,139 gain in gross and $7,601 in net.
traffic
last
year
were
larger
the
corn
The
March than in any other month, having reached Chicago & Northwestern and the St. Paul & Omaha
President Perkins also stated that it could give out only the gross results in the one case there is
$561,000.
not be expected that the company would earn «iuch a gain of $118,762 and in the other a gain of $21,494.
from that source during the first half of 1891 from all The Norfolk & Western has net of $227,706, against
of course,
—
—
—
which
be seen that a large falling off in earnings $217,477
in the month in question the present year was a fore- $541,668
of
it
will
gone conclusion.
As
against
regards the probabilities for future months, while
same influences will still be operative the indications $48,063
would seem to point to less unfavorable exhibits than against
months already past.
At
least that infer-
ence would seem to be warranted from the fact that
the statement regarding the earnings from the corn
the Louisville
the
$39,606
;
the
Rio
$559,654, against
Western $45,289,
Grande Western $49,880
the Iowa Central $52,952, against
;
the Buffalo Rochester & Pittsburg $57,983,
against $33,405
'the
those for the
& Nashville
New Y«rk Ontario &
;
;
cns
&
;
Savannah
;
and the
against
Montgomery $14,994,
$52,600
The only roads showing diminished
em
Ameri$11,424.
net are the North-
Central, which reports $144,647, against $15^,206;
above referred to, shows much smaller receipts the Kansas City Fort Scott & Memphis, $107,69S,
from that source during the second quarter of 1890 than against $128,345; the Cleveland Cincinnati Chicago St
during the first quarter of that year. In other words, St. Lonis, $323,494, against $353,322; the Southern
while in January, 1890, the earnings from the corn Pacific, Atlantic system, $213,534, against $262,398?
Pennsylvania, $81,580,
traffic were $520,000,in February $382,000, and in March the Western New York &
traffic,
—
.
IHE CHRONICLE.
6J8
against $113,663; and the Detroit Bay City
^15,825, against $25,304.
&
Alpena,
[Vol. LU.
abundance for that purpose, and consequently could
have no anxiety on the subject of redemption. On
The upward movement on the Stock Exchange has the other hand, extending the bonds, if it was done,
made further progress this week. WhilCj^there have would really be a decided convenience to the banks
been frequent recessions in prices, they have in most and not at all a Government need.
Money
We notice, however, that our suggestions have been
cases been of only temporary duration.
rates have been a little higher at times, and there followed by divers broad statements as to the Govhave been further large gold exports. But the effect ernment resources and Government purposes which
vas comparatively trifling until yesterday, when the cannot be too quickly questioned. It has been claimed,
market declined rather sharply. The speculation, how- for instance, by Mr. Laejh, the Director of the Mint,
ever, is based chiefly on the good prospect for the win- that so far from having any anxiety, the Treasury has
ter wheat crop, the accounts with regard to which in hand "some 258 million dollars" which "belongs to
continue very favorable. It was feared for a time that "the Government absolutely." We take these words
there might be some trouble in the Trunk Line Asso- from the Tribune's Washington dispatch dated April
ciation, on account of the action of the West Shore in 37, and the same dispatch gives some of the details on
quoting reduced rates to St. Paul, in connection with the which the claim is based. Secretary Foster seems also
Canadian Pacific and "Soo" road, but at the meeting of to give these figures a quasi endorsement, for the same
Trunk Line representatives on Thursday the West paper, under date of Washington April 29, reports
Shore receded from its position. Among the special- Secretary Foster as saying in reply to the question,
" Do you agree with [Mr. Leech] him ?" " I guess he
ties. National Cordage stock has been very active, and
"is
about right in the main. I think it is a matter
market,
the
BeadIn
the
bond
sharply.
advanced
has
I should have stated it
ing issues have been rather prominent the last few "that may well be discussed.
The poor statement of the Burlington & Quincy "a little differently if I had been writing it myself; I
days.
for March affected that stock adversely for a time, but " should have said that some of the 250 millions of
Hibsequently there was a recovery, and the granger " available cash might be regarded as trust funds
stocks have generally been exceptionally strong, though "might be, I say." Then again, referring specifically
they have reacted with the rest of the market, the close to the 100 millions of gold held against the legal
yesterday being at some concessson. The Pennsylva- tenders, the Secretary adds, "these notes outstanding
nia has declared a dividend of 3 per cent, instead of " are legal tender, and the Government can, and
" would, use this gold reserve if it needed to on a
only 2i per cent as expected.
The following gives the week's movements of money "pinch."
Feeling deeply the importance of public confidence
to and from the interior by the New York banks.
in the financial management of the Government, and
Received by Shipped by
Net Interior
W«» Undinfl May 1. 1881.
knowing that too much license in the use of public
tf.T. Banks. W. T. Banks.
Move:ment.
$3,816,000 $1,059,000 Qain.$2 767 000 moneys would prove a serious strain
on industrial
700,000
200,000 Gain.
0old
600,000
inteiests, we agree with Mr. Foster in thinking that
Total gold and legal tenders
$4,616,000 $1,269,000 aaln.$3,257.000
the matter, if really under consideration by the
With the Sub-Treasury operations and gold exports Department, " may well be discussed." At the same
the result is as follows.
time we cannot refrain from saying that raising the
Into
Outo/
Net
Change
question in this form will strike every one as opening
in
WmK EnMng May 1, 1891.
Banks.
Sankt.
Bank Boldingi.
the Administration to criticism which is wholly
Banks' Interior movement, as above $4,616,000 $1,269,000 Gain.$3,267,0O0
To be sure 258 million
ttnb-Treas. oper. and gold exports. 17,900,000 22,200,000 Loss. 4,300,000 gratuitous and unnecessary.
Total gold and legal tenders
$22,418,000 $23.4S9,0001los8.$1.043,000 dollars is a snug sum, and if held at the Government's
Bullion holdings of European banks.
disposal, no doubt could be raised in any one's mind
with respect to the sufficiency of Treasury resources to
Aprii 30, 18»1.
May 1, 1890.
Bmiktof
meet present or future demands. But the Secretary
Silver.
Total.
Gold.
Silver.
Total.
£
£
£
£ • needs no such sum, and there is good reason for
Bngland
21,318,677
21,316,677 22.818,454
22,818.454
believing that he will have abundant funds for all
France
40.510.000 50,034,000 98,644,000 61.181,000 60,608,000 101,800,000
'
.
Germany
29,636,667 14,818,333
44,465,0»0
AuBt.-Hun'y.
6,427,000 16,586,000
22,012,000
Netherlands..
Nat. B'lgtum
8,893,000
tTot.tbti
week
8,067,333
6,614,000
1,633,8«7
9,507,000
4,601,000
27.866,333 13,932,667
6,607,00o'l6,294,000
1
necessary purposes without violating the conservative
41,788,000
21,801,000
4,694,000
6,772,000
10,466,000
2,7«S,000
1,381,000
4,144,000
For commerce has no curand therefore no guaranty of stability, independent of Government management, the Treasury
Department being in the position of protector, and yet
holding the key to a Pandora box as full of ills to the
112,850,677 88.585,000 201,435,577 114,838,787 87,988,067 202,837,164
rency,
Tot, prey, w'k 113,540.62a 88,211,333200,751,868 115,162,210 87.818,000.
208,070,210
RESOURCES OF THE TREASURY.
In our remarks last week with regard to the redemption of the 4i per cents, we did not mean to be
understood as expressing any opinion as to the sufficiency of the Treasury income for the Government's
disbursements during the whole of the fiscal year 1892.
That issue was not at all the one we had in mind. The
prevailing discussion seemed to assume that Secretary
Foster was going to find difficulty in meeting the bonds
due the first of September, and that to save the
Government credit he was trying to get them extended.
Oar purpose wa* to show that such statements in no
nation as Jupiter's gift
is
fabled to have spread over
the Earth.
As we look
at
it,
only a very
brief
analysis
is
required to scatter the major part of this boasted bunch
First of
of assets.
all, it
appears that the 258 millions
includes the 100 millions of gold which
is the support
our whole paper fabric. It has already
been remarked by others in this discussion that when
that sum of gold was gathered, the understanding was
that it was to be held for the purpose of ensuring the
uninterrupted convertibility of the 346^ millions of
or basis
manner represented the
of
situation ; that paying those legal tenders, and it has several times since been sub
matter anyway, calling for very stantiaUy re-dedicated to the same service.
That is,
cash, and that the Secretary had resources in however, but a tithe of its work now, for we have
bonds was a
little
This conservative feeling, too,
instincts of our people.
cannot safely be ignored.
trifling
I
'
;
May
THE CHRONICLE,
2, 1891,J
669
another superstractnre of credit of more io the monthly Treasury statement follow and are
and expandinf^ in Tolume daily, included with "disbursing officers' balances." Of the
tlieroby giving that little fund a now and greater bur- fractional silver tho whole amount ($20,832,350) is
den to carry. Wo refer to our silver dollars and silver reokoned available in making up the 258 millions and
certificates, which arc kept inter-convertiblo by means of the items under "disbursing officers' balances," fto.,
of this 100 millions of gold, "it being" (to follow the that whole aggregate ($51,731,155 according to the lit
words of a recent act of Congress) " the establishoil of April figures) is likewise added. Of coarso such a
" policy of the United States to maintain the two method is far from admissible in preparing any estimate
" metals " (silver and gold) " on a parity with each of the Government's available assets. In the article
" other upon the present legal ratio, or such ratio as of last week we remarked that the total of " disbursing
raised over
sensitive
it
cliaractor
;
" may
bo provided by law." That being the policy of officers' balances " was larger in the April statement
the Government, declared anew in the very last silver than the average of other months, and was susceptible of
law Congress has enacted, and that gold reserve being decrease; perhaps it might be said that tho items it
connecting link the Government possesses includes could in the aggregate safely be drawn down
8 millions permanently, but that we should think, judgferent from that prevailing in the markets of the ing from the official practice during many administraworld, does there seem to be the least question as to the tions, was a very liberal deduction.
Accepting it,
And when we add to that however, as a fair estimate, and adding it. and the 10
inviolability of this fund.
tho
single
for holding together these two values at a ratio so dif-
the other office for which it was originally raised, millions fractional silver, and also the trade dollar
and thereafter specifically consecrated, it is difficult to bullion, to the above-mentioned balance ($37,592,872)
«ven understand a proposal to meddle with the money. would give just about 59 million dollars, and not 268
But there is another trust fund which the estimated millions, as the available funds in the Treasury April 1
258 millions includes, and which is equally inviolable. in case of need.
But is not 59 millions as good as 258 millions, so
"We mean the $37,093,200 "United States Treasury
^'notes under Act of July, 1890;" as to that fund, Mr. far as the requirements of the Department during
Leech says there is no more reason why it should stand the coming year are concerned ?
And if so, what
•office
*
as a current liability "against the cash in the Treasury
good reason can there be for suggestions of changes in
so radical as those we have been called upon to
The very extravagance of the claims raises
?
"than that the other greenbacks" should be reckoned a policy
liability.
That statement fails in all particulars to notice
convey a correct idea of the item in question. The $37,093,200 of notes under the Act of July, 1890, do not of
course exist in the Treasury that way of expressing the
transaction is a matter of book-keeping solely. What is
questions and doubts; while the idea of laying hands
in the Treasury
and confidence of the nation, disturbs
more than we would care to expfess.
—
is
the silver bullion that those Treasury
be remembered that the Act
authorizes the purchase of 4^- million ounces of silver
notes bought.
bullion a
It
will
month with
these notes.
The
notes as issued
go into circulation and the bullion goes into the Treasury, the whole theory of the law being of course
on funds not alone presumed to be legally in trust, but
which years of official acquiescence and practice have
made inseparable from the business thoughts, methods
financial circles
THE UNION PACIFIC PROPERTY.
The impression which remains on
the
mind
after
stand as the security for the one has gone over the Union Pacific annual report is
notes.
The law even requires that the Secretary shall not altogether unfavorable. In the first place, it is
always keep coining into silver dollars " as much of the pleasing to note that the change of management made
"silver bullion purchased under the provisions of this towards the close of last year has not brought with it
that the bullion shall
—
" Act as may be necessary to. provide for the redemp- a change in the form of report that is, the report has
"tion" of the notes, and that "no greater" * * * not been abridged, information being furnished in the
"amount of such notes shall be outstanding at any same extended and comprehensive form as before and
^' time than the cost of the silver bullion and the stand- this remark by the way applies to the monthly returns
" ard silver dollars coined therefrom then held in the of earnings and expenses, which returns have not been
" Treasury purchased by such notes." This seems to condensed or suppressed under the new management.
be quite expliqit, not leaving room even for a plausible So also as regards the results of operations and the
argument. The notes are the representatives of the state of the company's finances neither is entirely
bullion " purchased by them " and " held in the Treas- satisfactory, and yet on reflection one remembers that
"ury," just as the silver certificates are the representa- adverse conditions have had much to do with this, and
tives of the silver dollars.
It would be no more honest that these adverse conditions must be regarded as
for the Government to issue the dollars while the cer- temporary, rather than permanent, in their nature and
;
—
were afloat than to turn bullion out while the effects. Finally one is impressed with the magnitude
and vast extent of the Union Pacific property and of
it were out.
These are not all of the objectionable items included the opportunity for future development which that cirin this 258 millions estimate of Government resources
cumstance gives.
there are still others that relate to moneys just as
The report covers 129 pages, but is mainly statistical,
Doubtless the
Burely beyond official reach as those we have been dis- there being no extended remarks.
cussing ; in fact the whole of the above total, except the matter of most interest at the present moment is
portion we designated last week and the trade dollar the floating debt. As expected, this floating debt is of
hullion, is so situated.
A week ago we made out the large dimensions, and it constitutes an unfavorable
extreme available Treasury balance at $37,592,872 plus element in the company's affairs an element, however,
(1) any sum which might be made convertible out of capable of removal, and which it is contemplated to
tificates
notes based upon
—
It is
the $20,832,359 fractional silver (our estimate then was remove in the manner mentioned further below.
have
should
management
rather
curious
late
•10,000,000 as so convertible) and (2) any excess over
that the
a fair average during past years of the items which gone out of office chiefly on the same issue as tha t
;
THE CHUONICLE.
660
iV^OL.
LII.
which originally brought them into office, namely the the Gulf of Mexico on the one hand and to the North
But in the late Pacific Coast on the other, Erom a traffic and geographsize and extent of the floatimg debt.
instance the debt arose very largely in an exceptional
way, and exceptional circumstances and conditions prevented its liquidation. Had the railroad situation been
country
more favorable, or had
never
would
debt
the
unsettled,
and Europe been less
financial affairs in this
have attained the proportions it did.
It will be remembered that the company reported a
large floating debt at the end of the previous y«ar—
$20,161,613 gross and $4,489,563 net, the bills payable
then being over 12| million dollars— but Mr. Adams
stated at the time of the submission of the figures
that immediately after the close of the year a reduction of over seven million dollars had been effected
through the issue of a corresponding amount of bonds
of the Oregon Short Line & Utah Northern Company.
The present report shows the debt at the end of 1890
to have been
still
larger,
notwithstanding the reduction
at the beginning of the year; that
is,
on December 31,
1890, there was a gross total of current liabilities of
$21,418,094, and a net total, after allowing for the
usual
the
$6,874,941.
of
offsets,
net
largest
debt
reported
This
since
latter
1884,
is
and
and
ical
standpoint this was a step of very great conseThe. matter was, however, hardly less import-
quence.
ant from other standpoints. The two companies in question, while embracing several new acquisitions and much
new mileage,
also
embrace many small and disjointed
owned by the company, but
pieces of road previously
whose value and earning capacity could not be properly
and fully developed so long as they remained separate
and distinct. All these were welded together, and now
exist only as parts of the two large consolidated systems
which have taken their place. Hence, instead of a
host of weak and minor roads of uncertain value and
limited earning power we have two strong and prominent systems with a future of considerable promise.
The saving in the operating and financial departments resulting from such consolidation must be very
considerable.
Not only that, but securities based on
these two systems will possess a value and availability
which securities based on the various disjointed pieces
could never have possessed. The importance of this
latter consideration will be evident when it is remembered that the bonds of the Oregon Short Line & Utah
Northern and L^nion Pacific Denver & Gulf will form
it is
a question how far the total of bills
accounts receivable of $13,753,903, counted as a cash the principal collateral to be offered as security for the
The Oregon Short
asset in full in reaching the net debt, is really available proposed collateral trust mortgage.
as such, since in this total of bills and accounts receiv- Line system in the late year did rather poorly, but
able there are included the advances to branch lines on there was a special reason for this, as mentioned below.
current account. To the extent that these advances
cannot be realized on, the net debt would of course be
In actual cash the company held only
increased.
$433,801. It is proper to state that the stock of
materials on hand was increased during the twelve
months $1,509,729 and that these materials
counted as an
Of the
are not
offset against the iioating debt.
gross total of debt of $21,418,094, $6,660,-
As regards the magnitude of the present operaof the Union Pacific system, the fact that
tions
the
aggregate
funded
debt
of
reaches a total of somewhat over
the
various
lines
210 million dollars
may seem to indicate grort'th in a direction where
growth is not desired. But it must be remembered
that this covers 7,598 miles of road.
floating debt of the system,
we have
Adding the net
a total of $217, 768,-
and vouchers. This is a large 014 of funded and floating debt, which on the mileage
magnitude of the com- given is equal to $28,658 per mile. Earnings and traffic
XKiny's operations rather than indicate arrears of pay- are on a scale to correspond with these large aggregates
ment. But there are also $3,315,124 of accounts pay- of mileage and debt. For 1890 the total gross earnings
able, and no less than $10,162,234 of bills payable.
If were no less than $43,049,248 and the net above operAlmost 400
these two amounts could be extinguished, or if only ating expenses and taxes $12,238,084,
700 covers pay
aggregate, but
rolls
may
reflect the
the ten millions of bills payable could be taken up, the million passengers were carried one mile luring the
company would be placed in comparatively easy condi- twelve months in exact figures, 399,664,486 and
tion.
The effort to do this is now to be made, the nearly 2^- thousand million tons of freight one mile
stockholders at their meeting this week having author- (2,330,147,013).
The average rate received per ton per
ized the issue of acollateral trust mortgage for $25,000,- mile was 1'381 cents, which compares with an average
000 of which, however, Mr. Gould stated only $10,- of 1-405 cents for 1889. The average per passenger per
000,000 would be needed at the present time. Current mile was 2 "336 cents, which compares with 2 -414 cents.
—
—
—
reports before the meeting
had suggested the issue of As illustrating further the magnitude of the company's
a blanket mortgage, but probably collateral bonds will affairs, we may say that during 1890 $8,286,000 was
be found better, as the company has some collateral in spent for betterments, improvements and equipment
its treasury which will doubtless prove acceptable to $3,823,000 for the construction of new lines ; $1,362,000
on the Portland & Puget Sound Railway ; 12,482,000
in the purchase of additional Oregon Railway &
In any attempt to liquidate the floating debt through Navigation stock $754,000 on new depots, Pullman
the issue of bonds to be offered to the public, a cir- cars, &c. and $1,510,000 in increasing the stock of
cumstance which will count in favor of the attempt is the materials on hand, making a total of $18,217,000,
investors as security against a trust mortgage, provided
the amount of the latter is not made too large.
'
;
;
fact that the
Union
respects very
much
Pacific property to-day
is in many against
which the company realized $17,750,000
was a few from the sale of various bonds, chiefly Oregon Short
years ago.
It must be said to the credit of the late Line & Utah Northern issues. The company's balance
management that tliey not only greatly enlarged and sheet shows a total of $81,389,399 of stocks and bonds
extended the system, but that they also very materially owned (par value), some, however, being pledged as
simplified its operations and accounts.
Through the collateral for bonds outstanding ; the cost value of
formation of the Union Pacific Denver & Gulf and these securities is stated as $43,177,226.
the Oregon Short Line & Utah Northern, with the
The income statement for the year does not present
lease and purchase of the Oregon Navigation,
Taking the
altogether satisfactory exhibit.
the an
Union Pacific system was extended in the direction of accounts on the 1,821 miles of Union Pacific proper.
different
from what
it
a
—
Mat
TOE CHROMICLE.
3, 1891.]
;
661
a surplus above fixed charges for 1890 of $1,- 1890 was not only greatly in exceu of th*t for 1889
This is without and decidedly the largest ever reached, but also in
886,692, against $2,492,440 for 1889.
Pacific system excess of that of Great Britain for the same year and
Union
For
the
roads.
auxiliary
the
entire we find a deficiency below charges for 1890 of above the largest output of the United Kingdom in
1275,036, against a surplus for 1889 of *975,703. any year, this country thus advancing to the position
there
is
—
Gross earnings increased largely, as compared witli of the leading iron producer in the world the fint
To show
but net earnings fell ofif, owing to a heavy time we ever attained that distinction.
augmentation in expenses. Examination reveals, how- the change which has occurred in the relative produc1889,
is due chiefly to the poor
Short
Lino & Utah Northern,
oatcomo oa the Oregon
1890 of $1,396,683,
deficiency
for
where there is a
This bad
against a surplus in 1889 of $289,797.
ever, that the adverse result
exhibit has followed in a measure from exceptional
causes
(1) snows and generally severe weather dur-
wo annex the
given in gross tons of
tion of the two countries in recent years,
following.
2,240
The
figures
are
lbs.
TTmited Statbs—
OiiEAT BBrrAnr—
1890
Iggg
IgSS
....S.O'I"
•'n)
....H,:i
....7.r,
isse
1888
1984
1883
•
7,0
Ton*.
rrjiiyjuii
7
0,m:),7iS
n 117 1 j«
i
5.<is:i,329
s
....y.'.i'.'
:
Orou
n.202.7l».T
;i
1.044 .^!! A
7..1;
ing the early months of 1890, and (2) deficient crops in
7,HH,.-/ i-.-il
4,0U7,808
....8,!i2'J,30a 1883
....<.5l»5,810
the Pacific Northwest during the season of 1889.
It is important to notice the prominent part played
Not less noteworthy than the marvellous expansion
by the Oregon Short Line system in the year's results, in the output of the United States is t4io fact that
because the promise for that system the present year is Great Britain failed to enlarge its production as commuch better, the crop yield in Oregon and Washingtou pared with seven or eight years ago a fact all the more
Territory last season having been excellent, and the remarkable when one considers what a great increase
winter weather the present year having been much less there has been in the world's annual production of iron
The effect is seen in in the same interval, and when one remembers also
severe than that of 1890.
total net earnings on that park of the Union Pacific that the United Kingdom exports a considerable pro;
—
system for January and February, 1891, of $712,975,
portion of
against a deficit of $43,778 in the corresponding two
forms, and thus has a
months
its
product, either in finished or unfinished
much
the other
wider market than the
when the snow blockade existed. On United States, whose exports of iron and
hand, the parts of the Union Pacific system very small scale. Great Britain's output
of 1890,
steel are
on a
in 1883 was
running through Kansas and Nebraska, like the Central 8,529,300 tons and in 1882 was slightly larger at 8,586,Branch and St. Joseph & Grand Island, are just now 680 tons; but these haje proved the years of maximum
doing poorly because of the failure of the corn crop in production, and their output has not been equaled
Good crops there the present since, the total for 1889 having been only 8,322,824
those sections last year.
year would cause improvement on those lines, too, tons and that for 1890 being estimated at about 8,000,before the close of 1891.
000 tons, though Mr. Swank thinks this is too high.
But whatever the immediate prospect, the Union In a word. Great Britain's production in 1890 and 1889
The United States, on
Pacific is clearly a great property, and the new manage- was less than in 1882 and 1883.
ment are offered a great opportunity to devielop it. the other hand, in the same period, increased its output
The company is hampered by its relations to the from about 4,600,000 tons to 9,200,000 tons, and from
Government, and at present, as shown, it has a burden- being nearly 4,000,000 tons behind Great Britain in
some floating debt but if the property is honestly and its annual production, was for 1890 about 1,200,000
Put in another way,
that country.
eflBciently managed, its future ought not to he doubtful. tons ahead of
the United States has enlarged its production 4,600,000
in the seven years, while the production of Great
IR
PR OD UOTION IN TEE UNITED STA TEa tons
Britain in the same time fell off about half a million
;
OX
AND GREAT
The meeting
BRITAIN.
here last September of the English and
G^srman mining engineers, and Mr. Abram S. Hewitt's
able address on that occasion, as also the discussions
which have been going on in the public prints bearing
on the future production of iron, invest with considerable importance the relative positions of the United
States and Great Britain in the iron trade; and the
the annual report just issued of the American Iron
and Steel Association, as prepared by Mr. James M.
tons.
—
Mr. Hewitt in his address last September which
by the way, has been printed in pamphlet
form, accompanied by a number of statistical charts
address,
referred to this stationary position of Great Britain in
the production of pig iron, and drew from it the conclusion that no very considerable increase in that
country's output was to be expected in the future. He
laid stress
on the fact that production in the United
only been maintained by the importation
Kingdom had
Swank, furnishes the facts for making the necessary of foreign ores to the extent of over one-fifth the total
comparisons. Moreover, the iron and steel trades are ore consumption, and that the ratio of foreign ore convery intimately connected with other branches of indus- sumed is a steadily-increasing one. Mr. Hewitt's
try,
and
as
these trades are in a rather unsatisfactory
both countries at the present moment, an
inquiry of that kind will be timely and instructive.
The course of iron production and consumption in
the United States during recent years was reviewed
quite at length in our issue of January 31, the Iron &
Steel Association having at that time furnished early
figures relating to production and stocks.
Wo shall
recall the facts contained in that article only so far
as
be necessary for the purposes of our present
investigation.
It will be remembered that it was
found that the United States production of pig iron in
state, in
m^
remarks were based on the production up to the end of
1889, and the 1890 production as we have seen is estimated even less than for 1889.
It does seem as if the high prices which prevailed
for Scotch and English irons during the extraordinary
speculation of 18S9 should have stimulated prodacOn the other hand, it must
tion during the late year.
bo remembered (1) that Great Britain has been holding
very full stocks of iron in the Warrant Stores and
elsewhere which in a measure removes the inducement
for larger production; and in point of fact these stocks
were drawn down to a considerable extent daring 1890
—
—
—
THE CHRONICLE.
662
[Vou
LII.
high prices reached in 1889 did not con- they do not clearly lead to an answer in the affirmative^
late at least make it evident that we are not warranted in
tinue much beyond that year, and that during the
drawing positive conclusions adverse to Great Britain's
that
decliiie
large
(3)
;
year there was a steady and
capacity to increase her production in the future should
workiron
the
strike
of
the
reduced
by
production was
the conditions be favorable to such a course.
the
through
lasted
which
strike
a
Scotland—
ers in
In the matter of prices, the experience of Great
whole of the last quarter of 1890, and was not terminated till the latter part of February, 1891, only about Britain has been like that of the United States that is,
half a dozen furnaces being in blast during the progress with a steady decline all through last year there has
been further depression the present year.
It is
of the strike, against over eighty in the last quarter of
(2) that the
—
been a considerable falling
in recent years in the demand for iron and steel in
Tarious forms from the United States.
1889
;
(4) that there has
worth noticing that there has likewise been a
off
also
its
striking coincidence in the experience of the two coun-
This latter alone is a factor of decided importance,
for the United States even now remains Great Britain's
tries in
regard to the effect on prices of the strikes
totally disappointing expectations in that respect.
It
was supposed that the Scotch strike would cause an adThe strike lasted nearly five months,
largest customer, taking more iron and steel in the vance in prices.
The change from and at the end of that time prices were lower than at
aggregate than any other country.
1889 or the year before is not so very striking, though the beginning. So, too, the Connellsville coke strike,
still noteworthy as reflecting a continued falling off in by restricting the supply of coke and causing a shuthowever, we down of iron furnaces for want of the necessary fuel,
have been was expected to reduce the supply of pig to such an
compare
In the year last men- extent as to enable producers to get materially better
of considerable proportions.
The production actually has fallen off to an
tioned the shipments of iron and steel from Great prices.
Britain to the United States, according to the English enormous extent, as we have shown on previous occaBoard of Trade returns, amounted to 1,294,807 tons. sions; but prices, after stiffening a little at the outset
the requirements from this country
;
if,
with 1887, this falling off is seen to
In the very next year (1888) the shipments were only
649,393 tons; in 1889 they were but 575,708 tons; and
In other words
in 1890 they dropped to 522,942 tons.
Britain
in 1890
tons
less
from
Great
we took 771,865
than we did in 1887, three years before. In the face of
that circumstance, the production of iron in the
United Kingdom in 1890 reached, according to the
estimates, 8,000,000 tons (and as already pointed out it
would have been larger except for the Scotch strike),
against only 7,559,518 tons in 1887, showingthat there
has been no absence of growth.
It will be urged that while there was a falling off in
the demand from the United States there was an
increase in the demand from South America and other
countries.
That is true, and yet, even with the aid of
that circumstance, total exports from the United Kingdom in 1890 were legs than in 1889 or in 1887, the
downward. The result
must be accepted as testimony to the
the depressing influences which have been
of the strike, have since tended
in both countries
severity of
at work.
Touching an early recovery from the depression, the
United States may be assumed to have an advantage
over Great Britain. The United States, supplying only
the home trade, is dependent only on home conditions.
Great Britain, on the other hand, having to rely upon
the export demand to the extent of half her production, is dependent upon the conditions and developments in various parts of the world, and recuperation
will be rapid or slow accordingly as these developments
and prospects are favorable or unfavorable. In speaking of the general decline in prices during the late
year in iron and steel and their products, Mr. Swank
expresses the opinion that our productive capacity in
leading manufacturing industries is now so large
4,186,182 tons the year previous and 4,143,028 tons in that the day for exciting booms in any American prodAs in our statements above we have compared uct seems to be over. Doubtless there is much truth
1887.
the 1890 output for Great Britain with that of the in this statement.
But low prices are sure to stimulate
Bame country for 1882 and 1883, it will be desirable to consumption, and in that sense are favorable rather
figures being 4,001,579 tons for the late year, against
all
extend the comparison on the exports back to those than otherwise.
The result, however, is the same as in the
A circumstance of importance, too, as bearing upon
other case, the shipments of 4,001,579 tons for 1890 the prospect of recovery in this country, is the fact
comparing with 4,044,273 tons for 1883 and with as that while our production of iron in recent years has
much as 4,350,297 tons for 1882. Hence, if the 1890 been increasing at a marvelous rate, part of the increase
production of pig iron was not equal to that for 1882 went to displace foreign imports.
Very little iron
and 1883 the years of maximum output neither were comes into the United States in the shape of pig, but
the 1890 export shipments of iron and steel equal to taking iron and steel in all forms we imported only
those of the earlier years.
That is, notwithstanding 665,678 tons during 1890, against 748,550 tons in 1889,
the advantage arising from the fact that Great Britain 914,940 tons in 1888 and as much as 1,783,256 tons in
has markets for her products in all quarters of the 1887. Thus there was a falling off in 1890 as compared
globe, her total shipments in the late year were smaller
with 1887 of about 1^ million tons, affording room to
than they had been seven and eight years before. Sup- that extent for an increased supply of our home propose, now, circumstances had been different— suppose
Still, even allowing for that displacement,
ductions.
that the shipments to the United States had been
our consumption of iron and steel increased in a most
maintained at the old high figures and that the aggre- marked way during the last few years, as was shown in
gate export demand on Great Britain by foreign counBut such increase in conour article of January 31.
tries had increased, instead of decreased
or remained sumption merely reflects the growth and development
Btationary— in that contingency, would not results as to
of the country, and the new uses found for the metal
production also have been different ; in other words,
under the low prices prevailing. Iron and steel are
would not Great Britain in that event have found a way
needed not only for our railroad tracks, but. for bridges,
to increase her production in order to meet the
increased buildings, ships, electrical machinery, telephone and
requirements ? The facts and figures set out above,
if
street
cable roads, locomotive cars
years also.
—
—
telegraph wires,
and
Mat
THE CHRONICLE
S, 1891.J
wheela, and a thousand other purposoa, not to
speak of the requirements for oar new navy. The
and car
financial panic last
Norember and the
harvests of 1890 have
deficient
temporarily checked
bury administration,
vainly
made
Unable
grain
industrial
BBS
to
to
ofTorta
have again and again been
tempt him to resame
make
provision for
him
office.
in this
way, rumor
that the Prime Minister, acting in conjunction with
Mr. Cecil Rhodes and the other members of the British
has
it
development, so that the demand the present year has
off.
The Connellsville coke strike really came South African Company, has been laccessfal in indue*
at an opportune moment, for it served to cut down pro- ing his Lordship to undertake a mission to MashooaAnother report is that Lord Randolph goes for
duction at a time wlxon the consumptive demand was land.
But with bettor pleasure merely, and that if he is influenced by any
certain to be materially contracted.
fallen
crops the present year, the industrial situation will
other motive,
change, and then
and prospects of the entire region which is spoken
of sometimes as Zambesia, sometimes as
British
South Africa, and sometimes also
although in a
more limited sense as Mashonaland. The presumption is that there is an element of truth in both
reports.
It is very natural that a man of Randolph's temperament all the more so that he is unattached politically, and that there is no immediate prospect of any change which would justify him in accepting
office
should be desirous to see and judge for himself
of the characteristics and capabilities of a country of
which so much has been written and spoken, but of
which so little i^ accurately known. It is also just as
improve
—
in fact
it is
some
likely the
slight
iron trade will
also
symptoms of improvement
mind
are already observable. It should also be borne in
that while stocks in makers' hands increased
during
1890, yet at the end of the year they amounted to
only 661,858 tons (gross tons of 2,240 lbs.), which is
but little over 7 per cent of the year's total production.
Some features with regard to the iron ore situation
also deserve notice.
The United States in 1890 imported 1,246,830 gross tons of iron ore, which is more
it
is
to satisfy himself as to the charac-
ter
—
—
—
—
but the imports form only a small
part of the total consumption, which for the late year
is
estimated at 18,000,000 tons.
Great Britain's
imports in 1890 amounted to 4,469,390 tons. Mr. natural that, in the peculiar circumstances of the latest
Hewitt says that foreign ores are not necessary to the British acquisition circumstances well-fitted to give
existence and growth of the iron business in this anxiety both to the Company and to the British Gov-
than ever before
;
—
—the
of such a
man should be
wanted is the truth, an unvarnished
Our increased supplies of iron ore in recent years have statement of facts; and, judging from what we know
come chiefly from the Lake Superior region, which of Lord Churchill, he is not likely to overstate the
yields a very superior grade.
As showing how the case to err by exaggeration the one way or the other.
production of this region has grown, it is only neces- Whatever be the facts in regard to motive, there is one
sary to
Arrangements
say that the shipments from the mines point on which no doubt is permitted.
in
1890
reached 9,012,379
tons, against
only have been made according to which his letters are to
3,568,022 tons in
1886.
But it appears that be published exclusively in one of the London dailies,
at the end of the late shipping season (December 1) and the sum to be paid for them is unprecedentedly
But over and above the sum to be paid for his
the supplies at the ore docks were exceptionally large.
letters,
it
is understood that the present South African
large, amounting to 3,893,487 tons.
Moreover, these
supplies have not since then been drawn on to the ex- syndicate such men as Cecil Rhodes, Colonel North,
tent usual during the winter months, owing to the Lord Brassey, the Duke of Fife and the Duke of
going out of blast of so many furnaces on account of Abercorn will furnish £3,500, and that another £2,500
the coke strike. It is considered that these large stocks, will in some way come from the Marquis of Salisbury.
country, though in some localities near the coast such
ores are desirable for the production of Bessemer pig.
ernment
services
What
courted.
is
—
—
—
especially in view of the diminished production of iron,
make
the outlook to those interested in the mining and
transportation of the ore rather unpromising for the
present season, and some of the roads to the mines as a
consequence expect greatly diminished shipments of
ore compared with last season.
Still, should the furnaces now out of blast resume work soon, and the
demand for iron increase under the prospect of good
crops, the ontlook even
here might brighten materi.
ally
ZA MB ESIA AND LORD RANDOLPH
CHURCHILL.
There are few of the public men in Great Britain
who keep more prominently before the public than does
Lord Randolph Churchill. Restless, ambitious, full
of activity and daring, yet unable so to subdue his own
individuality as to work with either of the great political parties, he has for some years constituted one of the
most peculiar figures in the political life of England.
A prominent peculiarity is that although he cannot
accept the Irish programme of Lord Salisbury, and
some other points of his general policy, he has enough
of Tory sentiment in him to command the respect and
confidence of the Prime Minister.
It is well known
that since the retirement of Riiudolph from the Salis-
The mission
of course will be attended with expense,
but Lord Randolph, it is thus made plain, is not likely
to
want
for
money.
We
have referred to the circumstances of Zambesia
or British South Africa, as peculiar. They really are
so.
It has to be admitted that the loud flourish of
trumpets which was made when the occupation of Mashonaland was completed by the raising of the Union
Jack and by the other formal ceremonies common on
such occasions, on Mount Salisbury, in the fall of last
year, has not been fully justified by subsequent facts.
We had before, and we have since, been told of gold
findings which promised rich results.
Old work'
ings, not yet completely exhausted, although probably
neglected for thousands of years, were found in varions
directions.
Fresh reefs, of large extent and of the
most encouraging character, were discovered surveys
were completed and allotments were made. Men were
coming in large nnmbers from Cape Colony to invest
in and to work the mines.
Even Lobengula, the
Matabele chief had caught the gold fever, and, having
;
under the rules of the company, had sent his
on mining operations. The gold crop,
invested,
men
to carry
however, so confidently looked
ripening
means
;
and
to believe
for,
has been slow of
we are not allowed by any
that Mijh)-i>bnd is to prove another
so far at least
California or another Australia.
—
THE CHROiVICLR
664
Vol. Ln.
same time we are not yet justified
There is just the possibility that the real yalueof the experienced. At the
in
considering
that
such
disappointment is certain.
We
known.
fully
Mashonaland gold fields is not yet
not
the
gold
should
be
forthcoming in MashonaBut
if
the
indeed
and
miners,
know that the work of the
Manicaland,
the
carin
climate and the soil
land,
and
been
have
generally,
territory
affairs of the new
before.
temptations
as
remain
Mr. Maund, who has
diflSculty.
great
very
of
circumstances
ried on amid
No
years in the territory, speaks of climate and
spent
many
ease.
comparative
of
work
was
a
occupation
The
sooner, however, had the occupation been completed soil, as well as of mineral wealth, in the highest
all
elevated
table land.
Mount
is
It
than harriers and hindrances of various kinds arose terms.
on every side. Mr. Colquhon, the British Commis- Salisbury being 4,900 feet above the level of the
from sea. The seasons are well marked, and the rainfall is
sioner, in order to facilitate transportation to and
arangetreaty
abundant. From April to November the air is particuthe coast, lost no time in making suitable
terSeptember and October are
adjoining
larly dry and salubrious.
ments with the rulers of the
be
yet
the
evenings and mornings are
to
months,
hottest
said
the
also
known as Manicaland,
ritory
and
the
heat never enervating.
delightful,
arragements
to
be
said
these
were
Scarcely
rich in gold.
and
the soil all along the
the
well
wooded,
are
on
hills
The
appeared
Portuguese
the
completed when
scene and asserted prior treaty rights. This trouble rich valleys yields abundantly. Among the products
remains; and it has been fruitful of inconvenience. are mealies coffee, corn, pumpkins, sweet potatoes, the
The grass is
Efforts have been made on the part of the British Gov- common potato, tobacco, rice and corn.
ernment to come to satisfactory terms with the Govern- luxuriant, and the fields are sometimes ablaze with
ment of Lisbon, so as to establish a modus vivendi in flowers. Such is the account given by one who knows
Africa; but so far these efforts have been unsuccessful.
an
In the meantime the three rivers which
and an outlet to Mashonaland the Zambesi, the
Pungwe and the Limpopo are closed against the
On the Pungwe the
British and the new colonists.
Portuguese have handled very roughly two British subjects, Messrs. Copeland and Kisch; and on the Limpopo
they have seized the steam vessel Countess of Carnarvon, and taken her captive to Delagoa Bay. In such
circumstances, shut off from the coast, and having no
other trade communication except by way of Cape
Colony, it is hardly just to say that Mashonaland has
had a fair opportunity.
The state of things which has proved a hindrance to
the development of the resources of Mashonaland particularly, and to Zambesia generallj', gives meaning to
the mission of Lord Eandolph Churchill. The time
has come when, unless the work in that region is to be
abandoned, there must be more decisive action by the
British South Africa Company and by the British
Government. Under the claim of prior treaty rights
treaty rights which, if they ever had any proper existence, were never turned to any practical account until
offer
—
the date of the British occupation
'
inlet
—
— the Portuguese have
placed themselves in the way on
all
sides,
and have
proved obstructive at every point where obstruction
can be an inconvenience. The question now is, whether
Portuguese obstruction is longer to be endured. If
persuasion will not make the Portuguese reasonable, then comes the other question
Is Mashonaland worth fighting for or fighting about ? Is the
development of this piece of African territory of sufficient importance to Great Britain to justify her in
breaking the universal peace ? This is the question
which throws light on the mission of Lord Kandolph
Churchill and of the friends by whom he is accompanied.
Should his report encourage any high hopes
of the future of Mashonaland and adjoining territory,
it may be assumed that a policy of vigor will be adopted.
It is in keeping with this view of the case that, according to one rumor, in the event of Lord Churchill's
—
report coming
African
larger,
up
to expectation
the existing South
syndicate will be replaced by another and a
and that money
will be spent in harmony with
the requirements of the situation.
There are few who doubt that the report
will be
be that the expectations regarding gold were too high at the outset, and that in this
encouraging.
It
particular very
may
considerable disappointment will be
if Lord Eandolph sends any
we may rest assured that a new
the country well, and
such encouraging news,
life will
be given to this latest addition to the British
empire.
_^^^_^^^__^^_
AND OVERLAND
CONSUMPTION
COTTON
MO VEMENT TO MA Y 1.
As our statements
clearly
disclosed, the
of
weekly overland, &c., have
movement
of cotton in April has
been very heavy for so late in the season. The returns
for the full month have been received by us by telegraph from the various transportation companies,
from them the subjoined tables covering the
months September 1 to April 30 inclusive have
been compiled. There has come into sight during
April through the ports, the overland points of crossing and the interior towns 312,853 bales a total in excess of any heretofore recorded in the month covered,
and more than double the aggregate for either 1890 or
In fact, the nearest approach to it was in April,
1889.
Of the cur1883, when 265,000 bales came into sight.
and
—
—
eight
—
rent crop there
is,
therefore,
bales, or 815,047 bales
now
visible
8,128,773
more than the aggregate
yield of
1889-90.
OVEKI/AND MOVEMENT TO
MAY
1.
gross shipments overland have been heavier during the month than in the similar period of either 1890
or 1889, reaching 85,659 bales, against 63,722 bales and
The
The season's total is now
83,182 bales respectively.
59,892 bales more than that of a year ago and 32,437
The month's net
excess of 1888-89.
in
bales
the
over
increase
an
has likewise exhibited
in
than
greater
is
and
two years,
preceding
wherebales,
been
39,321
It
has
1886.
since
any year
as last year it was 31,827 hales and in 1889 only 28,777
For the eight months the aggregate net reaches
906,341 bales, a gain over 1889-90 -of 40,140 bales, and
compared with the previous year the increase is 34,014
Presented in our usual form the results for the
bales.
bales.
past three seasons are as follows
OVERLAND FROM SEPTEMBER
:
1
TO MAT
1390-91.
1.
1889-90.
1988-39.
Amount shipped—
128,'260
14e,'284
9,937
8,863
2(i,729
VlaEvansvUle
Via Louisville
Via Cincinnati
Via other routes
Bblpped to mills, not Included above.
Total gross overland
195,603
163,458
511,076
304,710
58,788
20,735
115,159
205,775
536,031
280,170
85,038
Via St. Louis
Via Cairo
ViaHannitial
..-
556,911
285,830
9,302
40.563
191,831
180,567
126,277
7,564
1,431,282 1,371,390 1,398,845
:
MAT
.
,
THE CHRONICLE.
2, 1891.]
189001.
DtiMct ihlpmeiiti—
Overland to New York, Boston, Ao....
(
I8S9-0O.
(
1888 RU.
Of
320.457
108,102
1,812
11,505
40,980
1,367
10,191
1,273
17,125
344,824
52,860
Total to be deducted
524,941
506,189
620,518
Leavlne total net overland*.
006,311
866,201
872,327
Between
Interior towna.......
Golvcaton, Inland and local mtllR
New Orleans, Inland and local mills...
Moblld, Inland and local mills
BaTanuali, Inland and local mills
.CharlPJiton, Inland and local mills
N. Carol'tt imrts. Inland and local mills.
Virginia ports, Inland and local mills..
27,237
41,752
276
12,2-<8
1,980
23,967
329,0:u
71,020
6,207
24,445
30,480
1,414
9,783
1,187
AtKorthera porU
At Boutbem porta
At Northern Interior markets
This total Inolndos shipments to Canada by rail, whloh since
In 1890-91 amounted to 8.3,187 bales, In 1889-90 were
47,811 bales and In 1988-S9 were 40,765 bales.
*
159,551
831,280- 487,S33
3i672-8,771,m
Total takings by spinners since Sept.
lUen by Southern spinners
44,'i55
September 1
6«5
rapply there ha« been ezport«d
to foreign ports slnee Sept. 1, '00.0,936.130
t*ss fonilKn ootton Innladed
18,628-0,317,811
Sent to Oaiiada direct from West....
03,187
Burnt North and South
„
BfiOJ
Siook on band end of month (May 1,18011—
this
1800
1,
3,2i:i3M
'407 090
Total takloKs by Northern spinners since September 1,
1800
Taken by Northern spinners same time In 188900
Increase In takings by Northern spinners this year. . .bales.
.
The above
May
to
1,756 808
l'.»7l',na
Hi'osS
.
indicates that Northern spinnera had
up
taken 1,756,808 bales, an increase over
the corresponding period of 1889-90 of 84,985 bales
Receipts at the ports for the month have been 298,and a gain over the same time of 1888-89 of 107,259
132 bales, or nearly two hundred per cent more than
bales.
in April, 1890, when the total was 110,053 bales. ConAMOUNT OF CROP NOW IN SIOHT.
trasted with the receipts in 1889 there is also a very
In the foregoing we have the number of bales which
decided increase. The aggregate for the eight months
has already been marketed this year and the two preis 862,813 bales in excess of a year ago and 1,154,850
vious seasons.
An additional fact of interest is the
bales greater than in 1888-89. The outward movement
total of the crop which was in sight on May
1, comof cotton continues very free, exports to foreign ports for
pared with previous years, and this is shown in the
the month having been 432,628 bales, which compares
following :
ith 209,134 bales and 313,487 bales respectively in
1890 and 1889. The shipments for the season to date
1800-91.
1889-90.
1888-89.
reach the heavy aggregate of 5,236,139 bales, and Total marketed, as above... .bales. 7,»22.373 6,976.420 6,e8'^,509
Interior stocks In excess of Sept. 1.
206,400
60,909
61,700
this is over three hundred thousand bales more than the
BBCEIPTS, EXPORTS
AND
SPIITNERS' TAKINGS.
exports for the full season of 1889-90.
statement of receipts, exports and stock
is
Our
Total In sUht
Sept.
1.
liecfiptt
since
:80O, to
Stpt. 1
ir<ii 1. tsei.
Sept.
1890.
Galreston
El Puso. 4e
Neir Orloaos.
Mobile
..
1889.
831,134
23,718
23,213
1,96^,718 l,fl03,«01
281,813
238,788
82.205
1,071,611
923,211
1S0.970
181,150
Florida
Savannah
1
9<i8,474
...
BrtinBwlck, Aa
Charleston
318,Ut)
PortRoral,Aa
WlIminKton
IXPORTS 8IXCE SEPT.
Stothl
(Treat
iYanee.
Britain'
93,538
I,«17
63,180
163,359
7,147
11,699
45,412
31,730
316,131
8,956
161,123
Las')
72,698
538
166,694
611,0111
197,117
16,330
239,480
West Point..
3l'9,581
323,050
189,393
Nowp'tNow»,4c
90,854
122,4SS
68,163
71,979
719
NswTork
113,008
31,516
Bostos
103.133
413,708
176,218
ToUI
*
17,«S8
217,f87
23,753
89,»1&
87.S24
71,31?
702
18,293
5J,03<(
0.659,0:18
6,918
1SS,:68
6,500
75,977
150,813
6,000
1,911
21,821
7,935
684,907 1,706,011 6,2S0,I39
187.8S8
69,868
20.010
»,00S,23I
5,896,819 2,891,184
1S88-fl9..
present year
472,931 1,482,852 1,610.467
876.449 1,30»,172 1.8.«0.5«5
Great Britain exports Include to the Channel.
Using the facts disclosed by the foregoing statements,
we shall find that the portion of the crop which has
reached a market through the outports and overland,
and the Southern consumption since September 1,
this year and the two previous years, is as follows
it
will interest
Monlht.
1889-90.
1888-89.
Reoelpte at the ports to M.iy 1 .... balea. «;.559,032 5,fi9e,219 5,401,132
Net shipments overland during same time 906,341 866,2011 872,327
Total reoelpts
bales. 7,465,373 6,562,420,6,276,509
Southern consumption since September
Total to
May
1
457,000
414,000
406,000
November.
December..
Januiry
February ..
March
Total 8 months.
1888-89.
1887-88.
648,770
424,209
1 ,702,322
1,594,418
1,646,229
824,369
1,609,018
1,613,028
1,573.921
1.493.289
972,106
611,775
433.798
312,853
1,588,766
1,639,906
1,340,871
780,5-23
701,847
483,025
205,025
121.879
519,60:)
342,451
129,b66
540,271
369,613
242,414
125,127
8,128,773
7,036,419
6,744,209
6,671,337
1,.">15,207
1,527,937
WEIGHT OF BALES.
To furnish a more exact measure
May 1 we give below our usual
of the receipts
up to
of weight of
table
bales.
We give for comparison the figures for the same
time in the two previous years.
Same
Sight Month* Endinu
Uay
1,
Sam*
perfdin pereatm
1891.
1889-90. 1888-80
Ifwnber of
Bala.
Texas
993,190
Tennessee, *o..
Total
Weight.
524-41
491-71
50300
49700
48622
WHgU.
1,023,958
189,151
1,689,798
49084
494-06
507-30
501-40
7,922,373
3,981,143,101
502 53
496 71
496-Sl
281,243
1,235,822
North CaroUna.
Weight.
529-71
499-70
487-88
483-60
489 50
485-80
601-00
Alabama
Virginia
PoutuU.
Average Average Attract
480 00
484 60
1,963,718
Sonth Cvoilna.
WeigM in
626,102,675
931,269,885
142.871,444
640,136,068
237,139,056
502,599,545
93,431,943
857,572,485
Georgia*
*
The amount
1889-90.
855,274
AprU
bales. 7,922,373 6,970,420 6,682,509
1
1890-91.
September.
Ootober
Louisiana
1890-91.
is
the reader to see what has come
each month of the season during this and
previous years, we have prepared the following, which
shows the movement for the last four seasons:
33,113
3,719
48,803
Total 1889-90..
80,678 616,133
22,274
22,874
521,718 1,731,117
62,651
21,713
420,981 588,242
83,.Sli«
121,996
842,111
399,451
1,833
138,744
6,744,209
to
into sight
882,553
87,637
As
I.
821,116
r2,est
81,713
127,821
98,630
110,980
398,4'
Phlla<Ielpbla,Ac.
May
3;,I08
WtulilDKt'a,Ac
Norfolk
Total 1800-01..
TataL
510,347
834
1S5,407
S,7J1
803,523
Baltimore.^
Continent.
7,036,419
movement up
May 1
1,092,354 bales more than in
1889-90 and 1,384,564 bales greater than in 1888-89.
TO—
1, 1890,
8,128,773
This indicates that the
as follows.
alnce
balea.
usual
of the
Jtovmtnt from RectipU
1
485,493
494-00
488-45
48805
{
023 60
491-90
506-00
Inoludlnic Florida.
marketed since September 1 in
It will bo noticed that the movement up to May
1890-91 is thus seen to bo 945,953 bales more than in
1 shows ail increase in the average weight as compared
1889-90 and 1,239,864 bales more than in 1888-89.
To with
the'same periods of the last two years, tho average
determine the portion which has gone into the hands of
this year being 502-52 lbs. p3r bile, against 496-71 lbs.
Northern spinners during the same period we have proper bale for the same time in 1889-90 and 496-21 lbs.
pared the following:
of cotton
in 1888-89.
M»y 1, 1891, ai abore
onli.'kna ^J'^'u^npeojont of /oar (ie;>t
jrotal receipts to
Stdok
AtNorthero ports
At Southern ports
AtNorthern Interior market?
Total supply to
May
1,
1891
»..,..
bales,
:
•,922,373
THE COTTON GOODS TRADB IN APRIL.
month of April was slow
1, 189J) 20,295
40,97461,269
1,327—
Business during tho
62,596
7,981,969
at
Fine weather ruled throughout, but the
demand which it was expected to stimulate proved disfirst
hands.
..
.
..
..
..
;
..
THE CHRONICLE.
666
Railroads.
Low. Eioli.
Railroads.
Quotations for standard fabrics Minneapolis*
appointingly small.
4
5
St. L..
12
9
pref..
Do
reducwere generally unaltered, the only changes being
llTg 1638
M. K. & T. ex. 2d M.
Do
pref
203a 25%
bleached shirttions of ic. in Cabots and Capitols 4-4
66=8 73%
Missouri Pacific
most
39% 443j
in
Mobile*
Ohio
favor
ings, but the market ruled in buyers'
14^34
146
Morris & Essex
dress
and
100
Nash.
L..
x943ii
Chatt.
&8t.
lines outside of ginghams, wash fabrics
lC23a lOS^^s
N. Y. Ceut. & Burt. R.
"
drives"
by
Louis
Nf.
Y.
Chic.
&
St.
133a 1438
The jobbing trade was enlivened
goods.
68
1st pref.
(i63a
Do
prices
lowest
the
marking
pref.
29
3008
Do
2d
at intervals, certain of these
56x60
ever touched by some standard prints,
the
during
steady
but
dull
were
cloths
Print
cloths.
end
the
before
weakened
but
month,
the
of
early part
(3-ic.)
yard for 64x64s.
Below this price 64s standard has never sold, although
Colleclast.
it touched the same low level in January
some
Northwest,
tions have ruled fair in the West and
of
closing flat at 2 15-16c. per
it,
early irregularity gradually disappearing, but reports
from the South were again unsatisfactory.
1890.
1891.
OoU'n
low
mid-
^
3
Print-^ Sheet-
ing
1
8'l6
R'S
3.
Ri
4
R'lS
3-yd.
sheelinga.
7%
IH
TM
7
634
lOiBial 3 25
7
6H
7
lOlSie 3-25
lOWia 3-25
714
7
634
634
2-97
2-97
2-97
2-97
J
r4
8
9
8!^
83g
10
8%
8%
8%
11.
12
13.
14.
16.
17.
IH.
19.
20.
21.
22.
23.
24.
25.
26.
714
7
297
7H
7H
IH
7M
7H
7
7
7
7
7
634
634
634
634
634
634
...8...
3 00
3-00
2-97
2-97
2-97
2-97
838
8'a
ir>.
2-97
3 00
3-00
3 00
3-00
8%
8''ie
7
714
734
734
7
7M
7
734
7
7
7
7H
634
634
634
634
634
634
..8...
S^ie
H^B
H»S
8''
7J4
714
734
714
714
734
2-97
2-97
2-97
2-94
2-»4
2-94
S
86 S
8^1 S
7
7
7
7
7
7
634
634
634
634
634
634
2-94
2-94
^•94
2-94
11"
28.
29.
30.
fc'lR
a^ie
734
-34
734
734
..1
..
.
7
7
7
7
634
634
634
634
734
734
734
...H.
734
6%
6\
6
6
63»
6
C%
6
...S... .. ....
ibiSip
3-2'8
H
|3-31
lUlB
331
113s
llSlS
3-31
3-31
«%
6%
734
734
734
734
734
3-28
11
6
6
6
6
6:Sl
6%
6^
6%
'.'34
3-31
3-31
3-31
3-31
3-31
3-31
llSie
U5,„
llhn
115l6
11»J
1138
734
734
734
734
734
734
1138
1138
1138
113a
li'ie
3-35
3-35
3-35
3-35
3-38
3-38
6
6
6
6
6>i»
6
6%
6
Tol.
Ohio 8. W. pf.
Boston&N.Y.A.L.pf.
•Brooklyn Elevated.
Bait,
ct
Bnff.Roch.aPitts
Do
pref
Bnri.C. Bap. & Nor..
Canadian Pacific
Oana<la Southern
Cedar Falls
&]yiltin..
Central of N Jersey .
Central Pacific
Ohe».40.,Vot.Tr.cert.
.
Do
Do
Chicago
do
do
&.
Istpref.
2d
pref.
Alton
Do
pref.
Ohio. Burl.A Qulncy..
Ohio. AEaat 111
Do
pref.
Ohio. MIL & St. Paul.
Do
pref..
Cblo. & Northwest...
Do
pref.
Oblc. & Bocb Island .
Ohio. St. P. Minn. & O.
Do
pref..
01. Cln. Ohio. & St. L.
Do
pref..
Cleveland
*
Plti s
Col. Hock. Val.&Tol.
Delaware & Hudson.
Del. Lack. & Western
Den. & Klo Grande...
Do
pref
2734
3408
4%
5%
2
100
30
35
763a
20
77^8
4934
53s
1143a
29
17
5234
313a
l'J3»»
160
7938
2
1013s
30
1934
54!S8
48
6738
90
9733
55>« 6539
109
11538
10138 lllOg
1313a 1.5734
69
2434
833a
60
92
150
24
80
29
86»8
657e
95
152
28 Kg
1323a 137
1343a 14038
17
19»8
673a 613a
373fl
87
VARions.
29
Gas,
53
2833
9234
93%
8233
1013a
18
5238
78
83
893a
1063a
107 3«
99i^B
4808
1023a
725
19%
16%
St. L...
pref..
48
192
6
36
A.
& No. M.
6
6
6
Union Pacific
Union Pac. D. &Q...
Utlca * Black River.
pref.
*Tol. Peo.
* Western.
1734
1934
45
46
*Pipe Line Trust
PuUman Palace Car.
8O34
81
15
Silver Bullion certs
•Sugar rects
523a
Tex. Pac.
15
4538
21)78
147
24
147
66^
Land Trust
Uulon Trust
Western Uulon
740b
195
99
94>«
1978
810
9638
9078
1634
.
810
80 34
Tel.
83
...8...
11»18
113«
113s
3-38
3-38
3-38
6%
734
734
734
*
6
6
6
7
7
Railroads.
Des Moines & Ft. D..
•Dul.S.
8.
&Atl
E.Tenn.Va.
Do
Do
&
Ga. Ry.
Ist pref.
2d pref.
Great North'n, pref..
GreenBay W.&St.
Hous.
P.
& Texas Cent..
Illinois
Central
The range of Government bonds sold at the Stock Exchange
was as follows:
63fl
Leased lines
pref..
7
22
Do
Kings & Pembroke..
Lake Erie & West'n.
Do
pref..
Lake Shore
Long Island
Louis.Ev.
&. St.L.con.
Do
prrf.
Louisville & Nashv..
Louisv. N. Alb. & Ch .
Louis. 8t. L. &Tex...
Mationing Coal BR..
Do
pref.
consol....
Manhattan
Mexican Central. ...
Mexican Nat. certs..
Michigan Central
Mllw. L. Sh. & West.
Do
pref..
923a
8
4
1023a
91
1438
2934
I5I4
4
4
10%
133a
10
10
13% 1479
5734 6I33
1093i 1131a
9234 s-634
27
60
73=8
22
12
773a
101
is, 1907,
reg.
is, 1907,
t reg.
1223e
1213«
1213a
121
121
liO
120
122
102
102
102
102
4«,
1907,
is,
coup.
t
122
122
122
122
1907
coup.
*12O0»
12134
•119%
119%
Low
A
Alabama
Low.
High.
Bigh.
4
3
80. Car. 6s, non fnnd..
new settlem't 56.10133 IOI39
10338 10338
Class
Class B
10838 10834
Louisiana eonsol. 4s.. 9034 913a
No.Car.spcc.tax,claf s 3
5
5
do
tr.rec.
538
Do
53a
Do
Tenn.
71
71%
Do
3s
3e, smaU... .10133 IOI33
Do
SOs
8=8
Virginia 6s def. bonds.
Do trust receipts 709 70«
8
Do tr.rec.stamp. 7
prices posted:
16%
.
Iowa Central
Opening.. '102
Highest..* 102
Lowest.. *101
Closing..* 101
738
58
3
coup.
6
5
153a
739
433*, 1891,
reg.
124
124
1919,6
Do
con., 1910,4. 10033 1003a
Do
The daily posted rates for 60 days and demand sterling
exchange in April are given below, it being understood
that bankers' actual rates are usually a fraction below the
57
88
GOVERNMENT BONDS.
1891
43as,
t stamped Interest paid.
July, 1891.
J Ex coupon October. 1890, January, April and
The following highest and lowest prices are from actual
sales at the New York Stock Exchange:
BANOB OP STATE BONDS IN APRIL.
1891.
438
5
x Ex dividend.
Unlisted.
in April
Low. High.
95
91
333a Kanawha & Mich....
156% Keokuk & Des M
160
Do
pref.
92
38
34
87
lO's
1734
77 78
6
31
Island.
V,\
.
122%
31%
Ann
Do
37% Evansv. & Terre H.. 121 129
79% Flint APereMarq.
22% 261a
21
Do
pref.
813a 863a
8O34
52Be
83,
& Gr.
Toledo* Ohio Cent..
OF PRICES
Low. Bigh.
<feS.Fe.
113fl
40
6
40
6
Tenn. Coal & Iron
72%
7333
9%
39
i
RAILROAD AND MISCELLANEOUS STOCKS.
Pacific
1
6
6
6
Exchange during the month of April,
The unlisted issues are designated by an asterisk.
&
pref.
9%
16
17
1
following table shows the highest and lowest
and miscellaneous stocks at the N. Y.
Railroads.
pref.
Do
1739
2333
*Am. Cotton Oil Co...
pref..
47
*Do
24
*Do
Tr. certs...
Oreg.
Sh. L.&U. N...
(
30
*.Am. Sugar Rettn.Co.
78 3a
Pensac la * Atlant.
3
Tiret..
8738
*Do
Peo. Decat. & E'viUe.
22
Amer. Tel. & Cable...
81%
Veoria* Eastern
8
Amer. Tob. Co.. pref. 100
Phila. & Read, certs.
30
34^8 Bruuswlck Co
13%
Pitts. Cin. C. &St. L..
14% 183„ Chicago Gas Comp'y. 4338
pref.
51
Do
65
75
Chic. Juncilon Ry...
Plttsb. Ft. W. & Chic. 1503a 153
pref.
82
Do
special 139
Do
139
Gas.B'Hyn.
Cit'zens'
88
Pitts. &W.pftr.rec..
35
36% riaflln (H. B.) Co .... 1063a
ReBseelaer* Sara... 178
1^2
Commercial Cable ... 105
Richmond Terminal.
Consolidated Gas Co.
98
173b 19
Do
pref.
72
74% Die. * Cat. Feed. Co. 44
3534 iHH Ertison Gen. Electric.
9534
Bio Grande Western.
pref.
Do
69
74% Farmers' Loan * Tr.. 725
6%
6%
6%
6%
Stock
Atlantic
Do
1
39%
15
1
prices of railway
Atchison Top.
1433
5334
2438
6634
17
163a
7578
2334
3
193a
6
1
35%
16
16
70
Mlnn*-80ta Iron
New Central Coal
Ontario Silver Min..
Quicksilver Mining..
1834
832
3333
163a
563a
283e
693,
145
934
h&W. B.CoaL
Maryland Coal
*Lthi
22
147
119
1
IN APRILSTOCKS, GOVERNMENT BONDS
AND FOREIGN EXCHANGE.
The
WeUs, Fargo* Co....
3032
31
.
1
6
The above prices are- For 00 bton, low middling uplands at New York
for printing cloths, mai ufacti rers' net prices: for sheetings, agents'
prices, whloli are subjec b to ai:1 average discount of 5 per cent, except
wht nothe rwise 8 tated; Soutlie rn shee tings n el.
REVIEW
140
116
67
142
50
5
Manhattan Beach Co
5
1334
13
St. L.Alt. &T. H....
"Mexican Nat. Const.
x83% 97%
8t.L &Ark,&T.rect8.
10
1238 National Cordage
f
63
pref.. xl02% 107
St.
L. AS. F. Ist pf..
70
Do
2434 32
National Lead Trust
St. Paul&Duluth...
183a 2034
3933 41
pref..
92 3<, National Lineeed OIL
Do
87
1538 1839
St. Paul Minn. & Man. 10634 109
North American Co..
3138
South Carolina
934 Oregon Improv. Co..
27
8
2934 33
85
85
Southern Pacific Co .
Do
pref.
3634 39%
Texas & Pacific
13% 1634 Pacific Mail
6
6^
Adams
4134
7^8
Ohio Soutliern
Oregon Ky &NavCo.
1
...
734
734
734
734
734
734
& Western.
31
American...,
United States
230
29
19
17
rights
North, pref..
pref..
Northern Paoiflc
Do
pref..
Ohio & Mississippi .
St. Jos.
6\
6%
6%
6^
.... .. ...8...
Do
Wheel. * L. Erie
265
3538.
N. Y. Ont. &We!5t....
N. Y. Susq. & West...
Do
pref..
Norfolk
8'e
17^8
pref..
1083a
N.Y.N.H.& Hartford 230
&
ll^s
2378
373e
Do
pref.
71% 7934
Wisconsin Cent. Co..
2238
19
Express.
Low. Bigh,
Do
33
rights.
Do
N Laclede
Rome Water & Ocd.. 112 114%
Do
...8...
113«
...8...
27
.
lOiBiB 3-25
...8...
87l8
8'ie
7.
ing
low
mid-
gmg64*64 ard. hama
5.
«
Sheet- Lan- S'lh-n
ings, caster 3-yd.
clotha. stand- Oing- thetldling. 6ix6i ard. hams tngs.
Lan- S'tKn OoU'n' Printcaat'^r
cloths, ttand-
dling.
2
inga,
265
.
Do
Low. High.
Wabash
Coal and Mining.
Cameron Coal
109% Colorado Coal * Iron
18% 223a Col. &Hock. C. &I..
51% 5634 Homfstakn Ms
N. Y. & Harlem
N. Y. Lack. * West.
N. Y. Lake Erie & W.
pref.
Do
N. Y. & New England
N. Y.
LU.
[Vol.
28
63
82
293a
14%
773a
logij
104% 109
2038
2338
5
91
5
9533
79
80
10233 10534
BANKERS' STERUNO EXCHANGE (POSTED HATES) FOE APRIL, 18 91.
60
De-
days.
mand'
Apr,
4 89
1.... 4 8633
2.... 4 S63a-7 4 89-33
3.... 4 863a-7 4 89- 3a
4.... 4 863a-7 4 89-33
... 8
5....
6.... 4 863a-7 4'89-3i'
4 8933
7.... 4 87
4 8933
8.... 4 87
4 893a
9.... 4 87
4 8933
10.... 4 87
4 893s
11.... 4 87
13...
14...
15...
16...
17...
18...
19...
20...
21...
22...
23...
Apr.
12
...
8
60
De-
days.
mand.
4 8632-7 4 893a
4 8S39 4 89 Is
4 863s
4e9'a
4 86-33
4 86
4 86
4 86
4 86
4 86
4 86
24... 4 36
4 893s
4 8933
I8939
Apr.
60
De-
days.
mand.
25.... 4 36
26....
27.... 4 86
28.... 4 86
29.... 4 86
30.... 436-3S
4 893s
Open 4 8633
4 99
4 90
4 89
43933
S93s-»0
893a-90
4 90
,.S,
4 893a
4 sola
4 893a
4 893a
4 893a
High.. 4 S7
Low.. 4 '<6
Last.. 4 86-38
4 90
[From our own correspondent.]
London, Saturday, April 18, 1891,
The Directors of the Bank of England on Thursday raise*
their rate of discount from 3 per cent to ZV^ per cent. The
rate had remained since January 39— that is, for eleven weeks,
at 3 per cent, and there was some doubt up to the very last
moment whether a change would be made. Indeed the
.
May
a,
'
THE CHKONICLE.
1801.
Directors themselves appear to have disagreed as to whether
alteration was desirable, for instead of advancing the rate
to 4 per cent, as would be the usual courso, they raided it only
an
to 8J^ per cent.
Tet it seems clear that an advance
had become necessary.
During the week ended We<Inesday night the net withdrawals amounted to £O4.'5,00O, of which £600.000 were on
account of the Russian Government. Owing to the conversion of its debt that has been going on for two or three years,
the Russian Government has been able to accumulate immense
funds in London, Paris and Berlin, and the diiHcultics of
Messrs. Baring Brothers induced the Russian Government in
1888 and 1889, and again last year, to make additions to the
balance it had hitherto kept here. Now it is converting a
fresh instalment of the internal debt, and a considerable proportion of the bonds are held in Germany. As a matter of
course a portion of the German holdings will not be converted and the Russian Government naturally desires to
accumulate in Berlin means to pay off the bonds which will
not be converted. Besides, to ensure as far as possible the
success of the operation, the bankers engaged think it would
be desirable to increase the supply of money in Berlin and so
;
667
disquietude has been caused. A day or two later came
another telegram stating that the Oovirnment had ordered
the construction of leveral railways to U- stopped, thus throwing large numbers of work-iM>ople out of employment and increasing the elements of distirder. Ijuitly, the Governor of the
Province of Buenos Ayrea has addressed a raeaaago to tha
arrestii,
Provincial Legislature condemning the decree of the National
OoTerument ordering the Provincial Bank not to pay its depositors, propofting a plan for the reorganization of the Bank,
calling upon the Province to support the plan. It ia not
and
believed here that the money necessary can l>e found
but If
a quarrel should arise between the Provincial and the National
governments the consequences would greatly aggravate the
crisis.
Only ten or eleven years ago war broke out between th*
Province ond the National Government, and people are afraid
that the same may occur again.
At home there is evidently
much uneasiness, for the premium on gold, which fell at the
end of last week to about 220 per cent, has again risen to 24i
per cent. Naturally there has been a sharp fall this week in
all Argentine securities.
The news from Chili, too, is hardly
;
At the moment it seems not improbable tba« the
President will be defeated. At all events it seems clear that
he is being hard pressed, that he is in want of money, and
reassuring.
make rates ea.sy. Apart from the Russian demand there is a
German demand which up to the present has not been strong that more.particularly the defection of the fleet has considerenough to lead to withdrawals from the Bank of England, ably embarrassed him. Chilian bonds, which hitherto have
and there are fears that a French demand will spring up when been surprisingly well supported, have fallen during the week
the impending Portuguese Tobacco Monopoly issue is made. from 8 to 10 points. There is also much anxiety respecting
But the total stock of gold held by the Bank of England is the course of events in Brazil, where it seems that a crisis may
now very little more than 21 J^ millions sterling. The internal be brought about by the reckless speculation that is going on.
coin circulation in England is beginning to expand, and next
The weather here is somewhat warmer and decidedly
month there will be the usual spring demand for Scotland. brighter than it has been, but the drought continues and grave
The Bank reserve, therefore, will considerably decrease during fears are entertained for the consequences upon all branches
the next few weeks, even without a foreign gold demand; and
is already under 13 millions sterling it was time
to take measures for its protection.
as the reserve
The silver market continues very weak. For the past two
days there has been another fall. On Wednesday the price
went downto44fr-16d. per oz. and on Thursday it fell to 44>^d.
There is no Continental demand and a very small Indian
demand, and therefore the market
unusually backward, and though
much as might have been
expected, it seems under the most favorable circumstances
that it will be very late, and it is feared that it will be alsovery short. All over Western and Middle Europe also the
weather up to the present has been unfavorable. In consequence the rise in the price of wheat goes on steadily. In the
principal markets of England and Wales last week the average price of English wheat was 37s. 9d. per quarter, compared
with 29s. 9d. in the corresponding week of last year, a rise of
In the corresponding
8s. per quarter, or about 26J^ per cent.
week cf 1889 the price was only 298. lid., only slightly
higher, it will be seen, than 1890. In 1888 the price was
This week
30s. 3d.; and even in 1887 it was only 32s. 8d.
there has been a further rise both in home-grown and foreign,
is
the wheat crop has not suffered as
is entirely governed by
York.
Early in the week the news that the Western Railroad
Association had been unable for two days together to secure
a quorum, and that Mr. Jay Gould was among the absentees,
created a very bad impression in the American market here.
On Thursday, however, a more favorable view was taken, and
operators again began to buy. The public is not buying
largely most of the business is done by the great houses and wheat.
the members of the Stock Exchange. But brokers report
The rates for
that upon a small scale the general public is at last beginning
to enter the market, and amongst them there is a very strong
^
New
Vegetation
of agriculture.
;
feeling that,
if
prices are fairly well maintained
and the crop
London
market generally.
Mar. IS 3
••
S
••
«7 S
Apr. 4 a
"
8
Prices are moving upwards and business
is df cidedly increasing.
In all other departments, however,
the tone is dull, and the feeling grows that quotations will
as follows:
InUrut aUornd
Open Market Ratet,
fori)potU)bv
Bank
continue good, business will slowly increase.
There is a decidedly more hopeful feeling in the market for
South African land and gold shares as well as in the mining
prospects
money have been
mu.
Trade BUU.
Dtx't &•)»
jrotnt
1
M
J.t 7(0 1«
Four
Fowr
Six
Ihret
Six
Stock
itmtht ilonUu Mota\$ Month) Month) Month) Bnnk). OaU. Dot).
Three
ma
- 8«® -
m» - iTasji
a
a«»- »«» - 2X9 - 3M9- s am «
«H»- «Ma - »Ha - m9* * 9SH 3
«»»- ««a-,*Mi9 - 2MS3 » 9Sii 8
« «- 2«» - «W9 - mas tH»SH 8
«SM
«8M
SSM
«SW
aSH
IN
«<
IW
1«
2X-«<
»H-*H
»H-*H
Ki-tH
IK IH-IK
IW
U
have to give way. Apart from the largo lock-up of capital
"
2 iSM-tM.
W tn »x^ - »X® - 8M« - SW«< 8M«4 8K«4 t
here and the continued distrust, the depressing influences are
rates at the
market
discount
and
open
rate
of
Bank
The
a revival of political disquietude and the fear of further
banking troubles in Paris. The opinion in the city is still chief Continental cities now and for the previous three weeks
general that peace will be maintained yet there is an appre- have been as follows:
hension that the continued circulation of rumors respecting
Warek 87.
AprHl».
il|*rail.
AprUt.
troubles in the Balkan Peninsula, the massing of Russian
RotM •/
troops on the Austrian frontier, and the uncertainty whether
fnttrMt at
Bank
Ot)n
Bank
Bank Open
or*n Bank
Opon
Bat). MoTkti RaU. MarkM Bat). Marhtt
Markn
Italy will remain in the Triple Alliance, may create alarm on
a
8
f
some of the Continental Bourses, and so bring on a fall. Pail*..
a
2W
a
8
a
a
«M
*N
*N
Then, again, it is known that some of the French banks are
Hamban
a
a
8
8
«K
*N
embarrassed. The well informed are disquieted lest a run VtaaUort
a
a
8
8
mi
•N
*M
a
a
8
8
8N
upon these banks should take place; and there are persistent tautardam
«N
«M
Bnuwia
a
a
8
8
IK
*K
«K
rumors that several operators in Paris are combining to take Ma«n<l
noot.
*
i
nom.
4
nom.
«
advantage of the uneasy feeling in order to further embarrass 7l«noa.
4
4
4
»V<
8H
8H
St.
PManborg.
4
4
4
an
an
»w
those banks and break the market.
CopanhMen...
8K
8M
8W
8W
Over and above all this the news from the Argentine
;
. .
m
Republic continues disquieting. Early in the week it was
announced that several generals and an admiral who had protested against the coalition of Generals Roca and Mitre had
been arrested. The telegram added that no importance was
to be attached to the arresrs
but as the public remembers
.i,c.=
that the revolution last summer was preceded by mi lltary
:
Messrs. Pizley
m
& Abell
write as follows:
Oold— Tliero has been a nteody drmand
for gold diirinir the week and
In-on offered for tiemiaiiv. Thi- Bunk hiw< sold aMO,hcen leeelTed. Arrt(tom- lo RiM«la. JEH-f.lKJO
Riiciioa Ayret>. Jt:4.U0<l: Aimtralla. H'iO.'J.OOO; Chile, C33.-
good priren have
OO, and fhln boa
vala:
Prom
000: Natal.
«.%:i.noo-, tot.il.
hM
£ii*
l
.IK)I1.
HhlpmeoU: To Calcutta. tS.SOO.
BUver—The market hnnlened i<lt)?liUy at the tie»lnnln«c of the week,
and with Rood deiuaud fur India and the East nrleea aeeiDOd likely to
he steady. The sale of the India Council ul a decline caiued allTer to
:
.
THE CHRONICLE.
668
for India. Arrivals:
Ayres, £15,000; Cliile, £26,000; New Yori, £45,000
-$86,000. Sliipments: To Calcutta to-day £25,000.
^ + sP?ciai
.„»^ioi
somewhat
Mexican DoUars— Mexican doUars have been
and are to-day quoted 4338d. Arrivals: From New YorK,
fall,
and today business has been done at 44i2a.
From Buenos
[Vou
LII.
The following is a statement of the exports (exclusive of
from the port of New York to foreign ports for the
week ending April 28 and from January 1 to date
EXPORTS FEOSI NEW TORK FOR THE WEEK.
specie)
m
demand,
:
£5,000.
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
1889,
1S90.
1891,
$6,173,072
110,795,501
$5,745,340
105,910,317
$7,106,132
109,105,210
1888.
For the week..
Prev. reported-
$6,146,520
91,947,169
:
Apr.
Apr. 15.
JE
1888.
1889.
1890.
1891.
Apr.
18.
£
£
Apr.
17.
18.
£
21,1.'?3.650
24,761.195
24.485.630
24.668.5P8
Public deposits
7,708.821
7.211,0.52
9,414.015
7.927,860
Other deposits
29,356.118
11.337.652
27,152,771
21,709,008
25,091.717
15.681,010
15.950.948
17.719,712
30.639,332
20.097.095
22,158,780
19.551.627
13,99r.382
15.612,719
13,084,751
13,582.325
21,308,677
23,361.289
21,196.978
3Mt
28,628,219
15 5-16
8*
961-16
986-16
Olrenlatlon
Government
securities..;
Other securities
Beserre
Com and bullion.
Prop, assets to
liabilities. per ct.
Bankrate
per
ot.
Consols
,
Cj'earinB-House returns
»AprU 17.
31Jj
150,176,000
im
The following shows the imports of
—
183,932,000
181,823,000
cereal produce into the
:
IMPORTS.
1888-89.
1887-88.
1889-90.
1890-91.
Wheat
cwt. 34,130,4:77 32.388,413 38,238,899 ^27,897,726
Barley
13,-<95,289 10,732,642 13,167,465 ll,5!t5,793
9,306.113
Oats
7,923,360
9,388,583
8,225,570
Peas
1,285,705
2,119,030
1.211,231
1,194,523
2,120,424
2,114,663
1,667,005
Beans
1,893,355
Indian corn
10,633,382 22,612.346 17,183,486 13,438,464
Flour
9,036,395 12,113,260
10,084,207 10,867,221
Supplies available for consumption (exclusive of stocks on
1):
1889-90.
32,388,413
10,867,221
32,709,870
1888-89.
38,238,899
9,036,395
23,776,008
1887-88.
27,897,726
12,113,260
69,260,309 75,965,504
1890-91.
1889-90.
71,051,302
1888-89.
67,270,260
1887-38.
1890-91.
Importsofwheat.cwt.34,1 30,477
Imports of flour
10,084,207
Bales of home-grown. 25,045,625
Total
27,259,274
English wheat, per qr.—
Average price, week
299. 114.
373, 9d.
29s. 9d.
303. 3d.
Average price, season. .328. 9d.
293. lid.
318. 5d.
30a. 2d.
The following shows the quantities of wheat, flour and
maize afloat to the United Eangdom:
This week.
Wheat
qrs. 2,269,000
Flour, equal to qrs. 41.=i,000
Maize
ars. 441,000
Last week.
2,280,000
1890.
2,332,000
442,000
401,000
284,500
575,000
1889.
1,748,000
228,000
370,500
EnsIIsh Financial markets— Per Cable.
The daily closing quotations for securities, &c., at London,
are reported by cable as follows for the week ending April 24:
London,
Sal.
d
Consol8,new,2%pcrcts. 95il,e
do for account
95l3.fl
Silver, per oz
4414
Mon.
Tues.
4413
4413
95'!i6
959a
Wed.
do
2d cons
Norfolk & Western, pref
Northern Pacific, pref.
Penusylvania.
Philadelphia & Reading.
.
.
Union Pacitic
Wabash, pref
104>%i
9519
105
54^
55%
721^1
53%
I714
5218
2378
105
651a
I0312
1141a
Fri.
83%
81%
05%
8313
7578
105
105
105
22%
223^
5718
73 12
72%
72%
53>fl
5359
54
1713
5218
17%
17I8
5379
I713
51^8
231a
53
53
23
23%
.571a
72%
Imports and Exports for the Week.— The imports of
week, compared with those of the preceding week, show
an increase in dry goods and a decrease in general merchandise
The total imports were §13,974,659, against $13,988,110 the
preceding week and $8,838,264 two weeks previous. The
exports for the week ended April 28 amounted to $7,106 132
against $6,358,970 last week and $7,801,532 two weeks previous'
The following are the imports at New York for the week
ending (for dry goods) April 23 and for the week ending (for
last
general merchandise) April 24; also totals since the beginning
of the first week in January.
fOREION rMPORTS AT NEW TORK.
For Week.
Dry Goods
«fen'l mer'dlse.
Total
Since Jan.
1888.
1889.
1890.
Gen'l mer'dlse.
1891.
$1,579,746
5,029,942
$2,022,464
7,551,689
$1,885,723
8,090,355
$6,609,688
$9,574,153
$9,976,078
$13,974,659
$48,959,073 $52,063,365 $55,244,262
113,084,144 116,969,122 117,363,422
$45,837,436
135,729,183
1.
Dry Goods
Week.
$32,740
1.800,000
1,500,000
61,123
Sreat Britain
France
Since Jan.!.
Since Jan. 1
$192,526
5,472,810
13,530,377
1,528,006
7,200
1,180,350
22,300
$3,300
$218,090
329,760
532,273
3.251
1,400
3,125
16,455
52,373
335,514
$3,396,988 $21,933,569
2,859,233
202,587
9.355,226
1,140,8751
$11,076
10.525
107,401
$1,484,465
3,963,627
2,261,708
West ludies
Mexico
South America
3,125
All other countries..
Total 1891.
Total 1890.
Total 1889-
Week.
Imports.
Exports.
Silver,
Since Jan.
Week.
$241,245
Great Britain
France
Week.
Since Jan.l,
$4,983,722
197,334
6,688
8,145
6,800
5,850
194,676
35,025
282,100
64,735
$20,439
76,376
107,228
80,575
267,131
$253,895
68,453
653,423
$5,757,592
8,109.557
6,233.779
$14,833
48,115
55.759
$551,749
555,100
585,490
Germany
West Indies
Mexico
South America
All other countries.
Total 1891.
Total 1890.
Total 1889.
1.
Of the above imports for the week in 1891 $238 were
American gold coin and $2,000 American silver coin. Of the
exports during the same time, $3,364,248 were American
gold coin.
Redemption of Four and One-Half Per Cent Bonds
Discontinued.— The Secretary of the Treasury has issued the
following notice
treasury department,
Office of tiik Secretary,
Washington, D. C, April 25, 1891.
With a view to reserving the residue of the four and one-halt per
cent loan for adjustment within the fiscal year which begins on the Ist
day of July next, pubUo notice is hereby given that redemptions of
the bonds of that loan will be discontinued for the present; and the
circular of October 9, 1890, under which such redemptions have been
made, is hereby rescinded.
. ^^ ^
Due public notice will hereafter be given of the action of the Department with respect to the said four and one-halt per cent bends.
Charles Foster, Secretary.
J
.
&
New
York offer for subCo. of
-Messrs. S. V. White
scription a portion of the preferred and common stocks of
Co., Limited. Since tlie purcliase of the
the H. H. Warner
business by English capitalists some eighteen months ago,
&
it was listed on the London Stock Exchange, stockholdhave received 8 per cent on the preferred and 171^ per cent
on the common for the first year and 4 per cent on the preferred and 1% per cent on the common for the first six months
of the second fiscal year. This, in addition to paying off and
cancelling some $300,000 out of $750,000 debenture bonds and
carrying forward a large balance to surplus. This is purely
an American enterprise, the founder, Hon. H. H. Warner,
having started the business at Rochester in 1879. Arrangements have been completed for transfers and registry of the
stock and payment of dividends in New York, and application
will shortly be made to list the shares on the New York Stock
The subscription books will be opened at the
Exchange.
offices of S. V. White & Co., 36 Wall Street; Central Trust
Co., 54 Wall Street, and Bank of North America, 25 Nassau
Street, New York, on May 7, and close May 9. The advertise-
ers
114
7512
1051a
Imports.
Exports.
Gold.
when
1031a
56>4
24%
\
441a
959,8
9.57,,
95=8
951,.
94-60 94-77ia
1031a 10319
1231a 122%
81%
NEW YORK.
.
Thurs.
44I3
9558
Pr'ch rentes (inPari3)fr.'94-52>a 94-42ii! 94-37ia
U.S. 4126 of 1891
il04
I.O3I2
IO313
V. 8. 48 of 1907
'124
I2312 1231a
Canadian Pacific
81% 811a
8158
Chic. Mil. & St. Paul
65^8
65'8
66
niinoig Central
104 ifl 104
1031a
Lafee Shore
116
116
114%
Ixiuisville& Nashville.. 82
8358
82%
Mexican Central 4s
7513
75%
751a
N. Y. Central & Hudson. 106
1051a 105%
N. Y. Lalse Erie AWesfn 2212
22%
22%
I
EXPORTS AND IMPOBTS OP SPECIE AT
Germany
United Kingdom during the thirty-two weeks of the season
compared with previous seasons
September
1889:
2
iVi'r
88 9-18
162,130,000
$98,093,689 $116,968,573 $111,655,657 $116,211,342
The following table shows tlie exports and imports of specie
at the port of New York for the week ending April 25 and since
Jan. 1, 1891, and for the corresponding periods in 1890 and
lOM
t April 16.
+ April 18.
Total 17 weeks.
$1,830,420
12,144,239
Xotal 17 weeks. $162,043,217 $169,032,487 $172,607,084 $181,566,619
In our report of the dry goods trade will be found the
njports of dry goods for one week later.
ment
in another
column contains a prospectus giving
full
details.
—Messrs. Brown, Bros.
& Co.
offer
by subscription,
at lOlJ^
mortgage i}.i per cent gold bonds
of the Lehigh Valley Railway Company of the Stae of New
York, guaranteed principal and interest by the old and well-
and
interest, $4,000,000 first
Total
that naiae in Pennsylvania.
is $15.000.000 ; total amount issued,
including present offer, $10,300,000, leaving $4,700,000 to be
issued as future requirements of the company may demand.
Bonds Nos. 1 to 6,300 have been listed on the Philadelphia,
New York and London Stock Exchanges, and application will
be made to list the present issue. The principal of the boncb
They are a first mortgage upon the railroad,
is due in 1940.
The subscription books will be
its terminals and real estate.
opened on Monday, May 4, and closed Tuesday, May 5.
—The Imperial Bank of Canada, head office at Toronto, has
made an allbtment of its new stock of $500,000, to take effect
on the 16th May, 1891, at the rate of one share for every three
held by the shareholders at the close of business on that day.
The allotment is made at a premium of 50 per cent. This
bank has just opened a new branch at Rat Portage, Ontario.
knovm company
amount
of
of
mortgage
.
:
May
THE CHRONICLE.
1891.]
3,
— Tlie atteatiuu of
the investing public in industrial entorprises U calicd to tlio advcrtiBoincut of the Franklin Tratt
Company, of Brooltlyn, which is authorised to offer for subscription ^UO.OUO of the preferred capital stock of Adainii &
Sons' Company of Brooklyn, N. Y, All this stock will be
Lwuod full paid and non-assessable, and the stookholdors liavo
no ixTsoiiiil liability. Tlio profern-d stock will be entitled to8
per cent dividonds (M. and N.), and will also rank as a prior
claim uiKm the property and a.ssets in case of liquidation.
Some l(i,CUO shares of this preferred stock are now offered to the
1)ublic at par, and the gubscrii>lion lists will be optmed Ut the
''raiiklin
J'rii.>,t
A
8 P. M.
Company on May
cortiticato of
concern for three years
is
6 iust.
and
close on
Mav
8 nt
examination of the profits of the
furnished by a responsible Arm of
public Jiccouutanta.
&
firm of Kidder, Peabody
Co. of Boston and
New York was dissolved on May 1 by mutual consent. The
resident partners in Boston, Krancis H. and Oliver W. Peabody, Frank Q. Webster and Frank E. Peabody, will continue
busmess in Boston under the old firm name of Kidder, Peabody & Co. The New York firm is styled Baring, Magoua &
Co., with Messrs. ThomEis Baring, Geo. C. Magoun, George F.
Crane, H. L. Griggi and Cecil Baring as partners. Both
houses will act as agents for Barinjg, Bros.
Co., and also as
agents for each other respectively in Boston and New York.
&
— Parties desiring to buy bonds
and stocks
at auction will
do well to notice the'list presented in the advertising columns
of the Chronicle each week by the real estate and auction
house of Messrs. R. V. Harnett
Co., who now combine
with their business regular weekly sales of stocks and bonds
at auction.
&
of May investments advertised in our columns to-day by Messrs. N. W. Harris
Co.,
Now York, Chicago and Boston.
number of prominent
growing
cities
and
are represented in their list.
is
called to the
&
&
Co., bankers, formerly of 10, now •f 83,
Wall Street, present in our advertising columns an extensive
list of municipal bonds suited to the wants of buyers of this
class of securities.
—Mr. W. C. Taylor, a member of the New York Stock
Exchange, has been admitted as a member of the firm of H. I.
Nicholas & Co., whose card will be found in another column.
— Mr.
Gibson Fahnestock has retired from the firm
Fahnestock & Co., brokers. See notice elsewhere.
of
The movement of breadscuifs to market is indicated in the
Itatement l)elow, 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 tis to present the
comparative movement for the week ending April 25, WHl.
and since Au^pist 1. for each of the last three years:
BtaipU at—]
Wluat.
Flour.
known homo
of
r S. Farlee & Bro.
11 WallHtt«et,
."
>.
.i ilicm.
United States Snb-Treuorr.— The following table (iRJWk
the receipts and payments at the Sub-Treasury in thin city, ae
well as the balanees in the same, for each day of the
weekr^
HitloHrti.
RttSipU.
t>at».
27
" 88
" 99
" 80
1
Total
Ooin
Coin.
«
*
Apr 25
May
Paipiuntt.
«
1,7111.638
l,826.2f!0 I37.n5o.'»53
2.237,500
2,420,167
2,875.876
1.618.472
1,988,931
2,7411.-
-
;
:
Vurrtne^,
Oeri'i.i
«
1
P,1T>.B13
-11
t,0'i'.:.l-,l
•
2.i:ti.
.
,
.
I
.
'
2,l'J4.(iJJ IJ ..'Jli:).021,
11.797,137,
16,216,071'
8,261.020 133.218,080
12,438,574
'0
'm;9
9.'j;iT,370
.
2,0.'>.-.,
0.692,125
11,144,.539|
Anctlon Sales.— The following were recently sold at auction
by Messrs. R. V. Harnett & Co.
Hharet.
.^hare».
25 Bowery Bank
308
60 Butehors' A Drorers' Na-
200
100
40
25
20
20
000 Ohio
tlonul Bank
Nat, Broadway
0300
RH.lJo
lot
• •|.T.'4'irk.209'«
'
1023d \.
200Mer.
180>4
Bank ...2uO
173'4
Fourth Nat. Bank
Pyroiihoto Co., «50 oa.*l p. uti.
Nat. B'k of tlie Republic. 86>s
Unlteil HtBtes Trust Co... 809
BtHiiil»i-(l UiM-L. Co., pf . 85
lOUalou Trust Co
Ce-it.
lOOMeefi'
100
Ii:nik....l59
:.
62 Ceutr.u
.x.ii.
i.m'i
ISS't
Howls.
$10,000 City of ClaelnnaU
121
6«, gold, lt)06
$10,000 Btate of doutli Carolina Os, duo 1899
80rf'a
313
list
A
—Messrs. Blair
favorably
have removed from No. 7 Namau
where their many friondit will in f ui.i
r.
—The late
—Attention
—The
669
"
Corn.
Oat$.
B»rlni.
A»<.
The following were sold by Messrs. Adrian H. Mailer
Son:
Sc
Share*.
S?iare$.
5 Thiirbor-WhvrdCo., pMOO
22 United New Jersey ER.
22.5i»
50 8ta»«Trii-itCo
200
ACnniil Cos
1 CUutou Hall Asrtouiat'n. 61
46 PpiiniylvauiaCoal Co.. 297
45 Moiitro»eri. Br'kCo.i^ap.sU. ISJO American Canuel Coal
Co.. pref
$4,003
45 Bank of tlic 8lat« N. Y. 100
5 Market JcF'lt'u Nat. Bk.234
30 Hanover .Vat. B,ink....351
800
354 Rutcem Flio Ins. Co. ...117
5 Union Trust (•>
k. 05
39 Westohent'r Kireln8.Co. 175
20 Commerc
..16!)
lOLiwyer-i'
20 Empire Bt:»lo B'k, N. Y..120'a
o Ill's
100 Evener SpriuK Co. 1
90 Brooklyn
(fullp'ili,$2oeaol» Uioi„t
100 Mt.Hope Ct'y .•'U.!?->-.'>0p.»b.
fVlO'o*
.210
N.
B.
A.
8.
N.
Y..
4 Bank of
100 Cent. City G. &
Mia'KCo..910eaoliJ
60 Nat.Sfroh M ti.Co.2d pf. 99
Boiirfi.
10 Continental Inn. Co
236
10 Park Fire Ing. Co
69 >* $1,000 South Brooklyn Cen1«3
tral EU. Co , 2d 68, 1997. ..102%
Paolflc Flro lug. Co
25 N. Y. Fire Ins. Co
70
$25,000 Oeoraia 80. & FLRy.
72>«
15 Standard Uas-L Co.,pf. 87
IstOs, «., 1927.J&J
3 Leather Mfrg.'Nat.B'k 260
$1,000 42d 8t. M.tnha A: St.
-Ws
10 B'way i Ttli Av. BR. Co.l90
Nlch.By. Co.,2dluc
315i» $9,000 ilane^v. Ml. Vi- -.ou &
5 Nat. Park Hank
MarloM By. 1st 6«. 927.
18 The Automatic Fire Al.
(*J.
5
July, 1990, coup, on
AExtiutfulgher Co.... 25
146is $14,00<l Zanstv. A O. I; L 1st
15 Home Ins. Co
100
6g, 1016, Feb., 19'jr, oou75 Globe Fire Ins. Co
4
172'«
pona oil. F*ScA
4 Fourili Nat. Bauk
•
'
BbU.lVKht BuiIkSOUM Bu»h.B8l6> Buth.S2tbi ButK4HVy Bu.B«I
OhlOMO
101.219
56,237
MUwankee...
10«.893|
2a.312
211,975
294,707
883,190
98,290
119.893
48,180
135.653
3,150
Se.OOOj
Dttluth
MlnneapoUa.
roledo
Ottroit..
Clarslani.
BLLoala.
954
3,885
.
1(3.152
..
.
Peorlfl
Tot.wk.W.I
207.310
!K1,2S9
183.092
am* wk.'90.l
Buns
wk.'88
mnu Awi.
1,011,244
1,010.888
109.050
«7.5.32
1,020
108,882
42,060
22.952
40.C30
28.438
47,849
584,780
147.0J0
1,817
68.244
800
1
Sawlitug
8.124,Sei
1880-90.....
IHHU-UB.
6.f>9S.8T9
7.110
MS
650
6,891
448
1.950
8.88I
6.0JU
1,850
175.547
411,932
192,237
59 993
101.510
91.303.200 89,905,791 89.617225 27.470.717
99,SS7,613 l.*1,8;<9,710 81.70 1.4S0 33.S43.SU<
7e,891.8U0 80.218.SS8' «l6B3fl9!' 23.78S.»I)3
4.986 9SS
1,945,819
1,878,139
1.8I2,79»
1,759.540
S.418.453
938,817
1,4^,»03
2,030,823
1.288,493
Spencer
9,109
88,217
118,440
235,000
BANKRRS,
Nob. 16
At—
Hew York
Wheat,
Corn,
hbli.
btish.
Ci.ys')
42,m-.
235,200
Boston
MooCreal......
M.Ji'r
Phllaaelplila..
50. i9. >
Baltimore....
.^1.7l• i
Rlohmund
12,67. >
New Orleani ..
6..-):)
I
27.807
25,740
145.337
i,-<.oi;>
Total week.. 265.335
vaek '90. 2S8.055
Oor.
buth,
13.211
50.155
Barley
Oatt,
buth.
126,300
40.050
37,201
62,201
26,632
08,603
504.031 350,990
759,439 1,723,931
biiih.
253,000
133,005
10,320
74.440
22.000
2,000
12,315
and 18 Rroad
street,
New York
Bo«f«D...
Portland.
Hontreal.
PkUadel
Wheal.
fCwh.
102.275
8.003
16,879
THE CHEMICAL NATIONAL BA
OF -\EW YORK.
S77J.057
4.288.317
for th«
Capital,
a. O.
nye.
butK.
29.700
110
8^0
720
1.200
1,392
Orl'M.
B««A.
1
73,3911
18,112
BbU.
87.142
41,189
2,173
1
65',623
R.NewB..
B\uh.
6,919
BuM.
10
7,532
Feat.
BMth.
11.517
l,2,^o
13.802
49,213
72,335
8'me time
1880...
and
II a-
divided PruUlif,$6,183,939
I
W.
Presidcul.
J.
QUISLA.W. Caihlar.
*
YOUii.,
No. 1(11 nrandwny.
Capital,
WILL1A.M
•
$1,000,099
V,
I
9urpla«&Proat«, $950,000
KRUOKlir'K B. SCUIS.NCIC
L'jrr. A s ana: Ca,tilec.
P. ST. JOH.V. Proddeai.
I
Caahler.
ACCOU.NT!4 SUI.iCITBD.
THIRD NATIONAL BANK
OF THE CITY .(JF NEW YOKK.
J. B.
.-...-
WOODWARD
UKNRY
PreaMent
Cuhier
|
$1,000,000
HEMRV BUCKIIlUT.Vlog
rro-lJont
CllAPlN, Ju
J. KllBU'K aWIS.V9Y....A«lt. C*»JU<r
Aeooantg sallolted and oarsfal aUcntlja to tho IntorMU ot Davoittan
munuitaad.
I
25,196
THE NATIONAL BANK OF THE REPUBLIC
15".7l'4
24,167
1,234
Suruliia
JK
Uf TlIK CITY OK saw
or THE CITY or
"13
tORNER BIIOAOWAY
MEW
VOUK.
t»rREBT.
d: WALL.
United StalM Uapotltorr.
Blobiu'd.
lot week.
WILXIAU8.
JAMISj
Ry.
LIHB
THE MERCANTILE NATIONAL BANK
3.422
521,610 38.313
900,406 01,900 100,672
Goto.
$300,000.
-
8,793
•
2i',898
Baltlin're
Jr.
lUmr.
Oltr«
N. Y.
ei.l'H)
Capital,
Oom.
New Tork
SAKATOQA, N. Y: PKOVIDHNCB. B.
4
iiH.\tittA.liA tt .*. S 1%. t .sti ^i.ti <•»:>.
All elasgM of SeourlUea B.iujht and Sold on i"om nnul in. 9pi) •. il attantton
STCD to UiTeMment S«<:urUiiu. Direot wlra uie.ica uJlooaaJ uj . lUnlalptua,
ofltoa aaU Cblca^o.
ALBANY
The exports from the several seaboard porta for the woel
2J, 1891, are shown in the annexed statement:
from—
Co.,
TKANSACT A
ending April
-Exports
&
Trask.
I
The receipts of fit >ur and grain at the seaboard ports
week ended April 2 5. 1891. follow:
Flour
Iflttawclal.
...
I.
1890 JJl
atttl
301,691
220,873
171,619
6,932
7,542
37,963
43,549
53.153
Biaoareca,
$16,651,300 Surplaa.
I
-
$i,S00,000
i
459,477 2,830.622
179,867
371,504'
JOHt
1.
KNOX.
Prwtdaa'.
B.
U- P'lLUIN, Oaiklar
M
2
.
.
:
.
THE CHRONICLE.
670
New Orleans, commercial, 40c.
par, selling 3^(aj^ premium
per $1,000 premium; bank, $1 00 per $1,000 premium; Charlespremium; St Louis, 75c. per $1,000
ton, buying par, selling
premium; Chicago, 25 to 40 cents per 1,000 premium.
;
'ght gattfejers' ^Kitttt,
DIVIDENDS.
Per
Kame of Company.
Cent.
Borne Wat.
common
& Ogden.
Uauka.
—
United States Bonds. Grovemment bonds have been dull
and steady, and the cessation of purchases under the Treasury
circular of Oct. 9 leaves the market without feature of interest.
Railroads.
Pennsylvania
PetersbuTf;,
%
Bookt Closed.
(Days inchisive.)
WTien
Payable.
*3
3
May
May
May
10
May
May
May
(quar.) gu.
National City
State of New York
3
Truxt Companies.
People' s
IHiBcellaneoiis.
3HI
t«lilKli Coal & Navigation
219
Prov. <St Ston. Steamship (guar.)
* Cash, or scrip convertible into stock
May
May
till
May
1 to
1 April 26 to
1
to
15 May
29
The closing
May
FRIDA
25 t» April 30
1 to
May
May
Ap ril
11
1,
Periods
4Hi8, 1891
4>98, 1891
48, 1907..
1 to
27 to
May
11
Do stamp'd
48,1907
1891.
MAY
occasional reactions is the subject of common remark. It is evident that a spirit of greater confidence has
taken possession of the public, or at least that part of it which
operates more or less in stocks, and they are decidedly hopeful
in regard to the results of the coming season.
The Bank of England rate was not advanced on Thursday,
and it appears as if the Bank managers were inclined
to follow a little bolder policy than in former years,
and not advance the Bank rate for slight reasons.
The Argentine situation does not improve, but there is more
time to deal with it than there was when the storm broke in
1890, and the apprehension in London seems small. The
foreign buying of our stocks has again been a feature, and
with the discouraging experience in "South Americans "of
one sort and another, there seems to be every reason for
Europe to take our investment bonds at present prices, and
there is as good a chance to make profits in our speculative
stocks as in any other speculatives of the world's markets.
The industrial stocks offer a wide field for investformer
the
as
to
ment or speculation, though
largely for investment
very
they cannot be taken
account unless they publish some regular statements
oi their earnings, expenses and financial condition, similar to
the railroad reports. American Cotton Oil has made applieation to the Stock Exchange for a regular listing of its
stocks, with a full statement of its affairs submitted, and it
would be well if the Sugar Company would do the same.
The reoort of the Hill defalcation in the Ninth National
Bank had no effect on the market, and the time is fortunately
past when an isolated transaction of that sort can have any
influence in shaking general confidence. The exports of gold
are still large, and there is some hesitation at times in the
market when such considerable engagements of gold are
announced.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 2i^ to 9 p. c, the
average being 3J^ p. c.
To-day rates on call were 4J^ to 9
p. c. Prime commercial paper is quoted at ^%@5% p. c.
The Bank of England weekly statement on Thursday showed
a decrease
in specie of £477,000, and the percentage of reserve
to liabilities was 34'81, against 36'63 last week; the discount
rate remains unchanged at 31^ per cent. The Bank of France
shows an increase of 7,575,000 francs in gold and an increase
of 2,975,000 francs in silver.
The New York Clearing House banks in their statement of
April 25 showed an increase in the reserve held of $1,464,400,
And a surplus over the required reserve of $8,975,135, against
$4,319,850 the previous wees
1891.
Loans and
dlsc'ts
Clronlation
Set deposits
Bpecie
I^gal tenders
Eeserve held
Iiegai reserve
Bnrplns reserve
Differen'sfrom
Prev. week.
60,772 ,700
63,606 ,000,
....
407,018 ,700 D60.5 ,263,200
3,464 ,600 Dec.
27,100
410,I5'2 ,300 Dec.4 ,763,500
73,155 ,300 Dec. 944.500
36,337 ,900 Inc. ,408,900
109,513:.200Ino.l ,464,400
102,5381,075 Dec.l ,190,875
0.975,125'lnc .2.655.275
1890.
1889.
Apr. 26.
Apr. 27.
61 ,062,700
60,762,700
58 ,243,600 53,452,700
339 ,613,000 415,914,200
3 ,689,600
4,128,000
405 ,278,700 140,681,800
79 ,565,100 86,922,00n
26 ,087,800 36,675,400
104 ,652,900 123,597,400
101 ,319,675 110,170,450
3,323,225
13,426,950
Foreign Exchange.—The market for sterling bills has been
quiet and the tone during the past few days has been rather
easier, while bankers' posted rates were unchanged.
The
exports of gold this week amounted to $4,550,000, including
12,900,000 by to-morrow's steamers. Actual rates are: Bank®'^*7 ^*y^' sterling, 4 85i4-®4 85i^; demand, 4 883ita
V^l
/liff
4 89, cables, 4 89i^.@4 89U.
Posted rates of leading bankers are as follows
•
:
May
1.
Sixty Days.
Prime bankers' sterling bills on London. 4 86 34
Prime commerciiiV
4841494
_
Documentary commercial
I',' 4 83%<*4
Paris bankers (francs)
5 20 95
A^terdam
(gjilldera)
bankers
86>a
Si's
Demand.
4 90
81
19%
40»ie340i4
Irankfort or Bremen (relchmarkslb'nkers 95 ^'9516
102
102
reg.
coup.
reg.
pd.
coup. Q.-Jan
int.
Do ex-cp.to J'ly,'91
6s,
6s,
6s,
68,
6s,
the
Apr. 25.
%' %:
27.
11
to
25
Board have been as follows
Apr.
Interest Apr.
1 April
11 M!ay
August
If ,
prices at the N. Y.
1
1,1891-5 P.M.
The Money Market and Financial Situation.—The animation in tlie stock marliet continues, and the small extent of
WAI-l. STREET.
Capital
.Burplus
[Vol, in.
5 16'8ao I6I4
107,„'tf4ois
951499508
The following were the rates of domestic exchange on New
York at the undermentioned cities to-day: Savannah, buying
reg.
reg.
reg.
reg.
reg.
our'cy,'95
cur'cy,'96
cur'ey,'97
cur'c5,'98
cur'By,'99
*Thl8
is
J.
&
&
&
&
J.
J.
J. AJ.
J
J.
3.
J.
j:
102
102
121
120
121
*101
i*101
•121
*120
*121
120 •120
113 "113
>115
•115
'II713 *117
'120 *120
'121
'120
'121
'120
•113
'115
'117
'120
'122
'122
the price bid at the moruina board
Coins.—The following are the
various coins
122
;
no
101
101
May
Apr.
30.
100
101
101
101
120^ 120% 120%
119% •119% 119%
120% •120% '121
119% •119% 120
113
•113
•113
•115
'117
'120
'122
sale
I
•115
'115
'117
'120
>122
117
•120
•122
was made.
cvirrent quotations in gold for
:
Pine silver bars.. - 98»sa
$4 87 ®$4 90
Napoleons
3 87 a 3 90
X X Reiohmarks. 4 75 » 4 80
4 78 » 4 85
25 Pesetas
Span. Doubloons. 15 55 '815 75
Mei. Doubloons. 15 50 ®15 70
par ®J4 prem.
Fine gold bars.
Sovereigns
— gQ^a
—93 3—95
— 76 11—77
Do uucommerc'l — — '9 — —
— 74'aa —76
Peruvian sols
Flvefranos.'.
Mexican dollars..
180
English silver....
U.S. trade dollars
— 76
•»
a
4 87
— 80
State and Railroad Bonds.— The sales of State bonds include $13,000 Alabama "B" bonds at 108i^ $13,500 South
Carolina, non-fund., at 31^® 4 $3,000 North Carohna 6s, 1919,
at 134 and $5,000 48 at 100^ $3,000 Tennessee settlement
38 at 71 and $5,000 settlement 5s at lOlJ^; $10,000 Va. 6s,
;
;
;
def',,
at
8J4'.
Bailroad bonds have shown a very fair activity, at prices
generally higher. The Atchison bonds are quite steady above
80 for the 4s and around 50 for the incomes the Oregon Im?rovement8 are still active at or near 69 the Northern
consols
have come up in sympathy with
'aciflc
^*
bought freely at 83%
are
the stocks, and
the Reading incomes have sprung into new activity and to-day
sold easily at advancing prices the Richmond Terminal bonds
remain sluggish and are lower, apparently from lack of supbonds,
Eort by any friends of the company Mo. Kan. & Texas
oth firsts and seconds, are stronger, in sympathy with the
stocks, while L. N. Alb. & Chic, consols have improved but
the St. Lo'jis Ark.
little as the stock was pvished upward
Texas bonds remain strong, and the May interest is paid on the
fours, though the new securities are yet unissued.
—
;
;
^
'
;
;
&
;
Bailroad and Miscellaneous Stocks.- The stock market
has been rather an agreeable surprise in the development of
its staying powers, and the small reactions that have occasionally taken place have each been succeeded by a stronger
The lack of any extraordinary excitement, or
market.
whooping up," of one stock after another has also been a good
feature, and gives the present movement the appearance of a
more substantial character. At the same time our remark
of last week holds good— that it remains for buyers to decide
whether each particular stock has advanced as far as its present circumstances warrant. It is to be remembered that in
April we have been trading on crop prospects, not on crops
secured; and to talk of the probable yield of spring wheat,
oats, corn or cotton before they have fairly been put under
groimd is a little "previous;" with winter wheat the case is
different, and the plant gives Acellent promise of an abundant yield. The London dealings have been an important element in our market, and large sales were made by the arbitrage houses on Monday, which were more than balanced by
heavier purchases next day and again on Thursday, when the
Bank rate was not advanced.
Among the particular stocks that have been leaders St.
Paul easily stood first, and for some time past this has been
the most prominent of the railroad stocks, owing partly to the
large holdings in London, which make it a speculative favorite in two markets, and also perhaps to the fact that it was
lower in price than any of the old grangers of the well-settled
States, and on the rise its price was expected to gain more
than the others, Atchison and Burlington & Quincy are
pretty steady, as also Rock Island, holding their advances very
The Northern Pacific stocks have been stronger this
fairly.
week, and the reports given of selling for German account seem
to be accepted as a reason for the previous weakness. The
Gould stocks Missouri Pacific and Union Pacific are strong
with the rest of the market. National Cordage stock con-,
tinues very strong and active, on support that is believed to
come from a pool, or inside buying. Louisville New Albany &
Chic, has advanced sharply, presumably on the manipulations
of the syndicate, while the six per cent consols remain dull.
Missouri Kansas & Tex. stocks have been very strong on
moderate dealings, with better prospects for the company. Today the activity continued in the morning, but towards the
'
'
—
—
close business was dull and prices a fraction off.
In the unlisted department, Sugar has been most prominent
as usual, but with moderate fiuctuations in price. Cotton Oil
holds its advance very well; Lead Trust closes at 19}^, against
20^ last week. Silver buUion certificates have recently shown
more animation, and close to-day at V
...
..
..
Mat
THE
IWl.J
fl.
UUltOI^ IGLB.
«71
<
NEW YORK STOCK KXCUKSGE-AOTIVB STOCKS
tor vmk emitna
HtaHXn AMD LOWMfT nuoM
STOCKS.
HH.
Active
atockii.
A Santa
Atchison Top.
Atlttiitii'
Hatorday,
April 35.
Fo.
84
.
Paotflo
4&
CannUlaii Paoiflo
Onnadik 8ouUiem
CfntittI (if New Jersey
Si's'
•»»8
8
•79
52>4
80
MoDday,
Toesday,
April 37.
April 3g.
April 29.
333s
34>i1
79
33% 34%
6% 6
79% 79%
33
79
&2is
0-.<
a'Z°))
120 ISO's 120 120ii
"SCs 31
^"'tMitriil Puolflo
I9I4
19
IW
19
Olieaani'ako A O., yot tr. cert
53 >9 53<%! 09^8 03^
Do
iHt pret. ..
do
3314 33^1 8 J
33«4
Do
2dpref
do
•122
IV4% 124%
125
Chicago & Alton
Om
ChlcnKo Burlln»fton * Qulnoy
Chicago & Eastern IUIuoIh...
Do
Chicago Milwaukee <&
Do
Chicago
Do
A
prof
St.Paul
pref
Northwestern
92
90% 92
6!)
OHH!
O514
6414
9«>i1
66
06
64%
67
63^
O6I4
647e
115
115
115
111»()
109% 111
pref •135
136
135
Ul
78%
Chicago Rook Island <& Faclflo
Chloago St. Paul Minn. A Otn
•271a
•86
Do
pref
Cleve. Clnoln. Chlo. A St. L.
Do
pref
Oolumbiis Hooking Val. A Tol
I>€laware A Hudson
78% 80
29
20
65%
65^1
94%
25%
25I8
29
87%
•86
64% 65'8
93% 93%
26
26'ii
135 135111 134% 134%
Delaware Lackawanna AWest 13839 13936 137% 138%
19% 10%
18% 19
Denver A Rio Grande
Do
pref.
East Tennessee Va.
Do
Do
A Ga
Ist pret.
2d pref.
Evansvllle A Terre Haute
Orfat Northern, pref
Illiuols Central
Iowa Central
Do
Do
pref.
Lake Shore
Long
61 3e
7
7
64
*16ia 18
122% 123>i
88
102
pref.
Lake Erie A Western
60'8
•57
A Mich. Soutneru.
I.sland
A Nashville
Loulsv. New Alb. A Chicago.
Louisville 8t. I.ouls A Texas.
Louisville
88
102 14
•838
9
28
28%
60% 60%
.kI^
•57
*17
oT"*
64
18
123% 125
89
89
102%
10;j
n^*
27
14»8 147e
14%
60% 60% 60%
112% 112% 111%
•91% 93
92%
80% 81% 79%
26
28
•14
15
IO7T9
•14
95% 95%
•95
2778
^'8
27
U's
61
112%
92%
81%
29%
15
10778
107%
Manhattan Elevated, cousol.. 107%
21% 22% 23% 23%
Mexican Central
Michigan Central
Milwaukee Lake 8h.
Do
-78
A West.
Do
Minneapolis
pref.
A St.
Ix)uls
pref.
Mo. K. A Tex., ez 2d m. bends
Do
pref.
81
103
7238
Mobile A Ohio
Nai4hv.ChattanoogaAStLonis
40''8
7314
24
. .
RomeWatertown AOgdensb'g •112%
A
St. Louis Alton
T. U.. pref.
St. L. Ark
Tex., trust rec.
St. Lou.
San Fran. ,l8t pref.
A
A
8t Paul A Duluth
Do
•125
•11%
'66%
30
•91
pref.
St. Paul Minn. A Manitoba... 107
Southern Pacific Co
32%
A Pacltlc
'Toledo Ann Arbor A
Texas
Toledo
IS's
Union
.
18%
N. Mich.
A Ohio Central
Do
•44
•80
pref.
51%
23%
11%
Pacific
tinlon Paciflo Denver
"Wabash
Do
Wheeling
Do
A I^ke
A
Gulf.
2338
pref.
Erie. .....
prof.
36
7838
21%
"Wisconsin Central Co
iniMrellaneoiia Mocka,
American Cotton Oil Co
28
Do
pref.
Am. Sugar Ref.Co.,teiup. ctfs.
Di>
pref.,
temp.
ctfs.
Chicago (ias Co
Colorado Coal A
<
<!onsolidiited (Jas Co
IMsUUlne
Cattle Feed'gCo.
Sdlaon General Electric
A
Kktkmal Cordage Co
„
,
I>o
national I^ad Trust
Morth American Co
'Oregon Improvement Co
'
Pacitlo .Mail
Pipe LineCcrtifli-atesJ
Iron
Do
pref.
_
western Union Telegraph
....
*
99
99
•4%
'78
14%
23%
72%
40%
BIsbMt
34% Mar
10
660
4% Mar. 18
1,400 72% Jan. e
8.679 48 Mar. 7
13,960 106 Jan. 2fl
620 29 Feb. 24
1,898 16
Mar. <
2,116 44 Jan. 2
940 29 Jan. 2
620 123% Apr. 8
128.224 76% Mar. 7
11,170 41% Jan. 8
6,67i 83 Jan. 2
337^01 90% J»«. a
2,488 109% Jan. 8
18.804 102% Mar.
82C 180 Mar. 18
66,624 63% Mar. 6
1,300 22
Mar. 10
77% Jan. 29
34;338 68% Mar. 7
3H5 91 Mar. 23
10,060 24 Apr. 10
3,261 129% Mar. 9
.50.6,54 131
Jan. 2
2.103 16% Mar. 6
3.741 .56% Mar. 7
l.liiO
6% Apr. 20
.52
Mar. 16
19 Mar. 19
6
i'.2bo 111% Feb.
1.310 72 Jan. 2
9
Mar.
1.560 90
6%jHr. 10
730
20 Jan. 3
1 ,962
Mar. 20
4.452 13
4.735 54% Mar. 6
5,180 106% Jan. 2
760 86 Jan. 8
61,535 71% Mar. 7
48,490 \i Mar. 9
200
5 Mar. 24
3.269 96% Jan. 27
626 18% Mar.
600 90% Mar.
73 Feb.
"416 100 Feb.
710
37hMar.
8 Mar.
400
81
4%
5
20 Id
17%
17»»
31
31
39%
70
195
:
27% 27%| 27
51%l »*%
87% 88%, 877,
01% 917, »1%
50%
60% 91
38% 39% 38%
09%
90
99
47
47% 46%
08% 98% (18%
90
91% 917.
51
27%
91%
27
28%
60
61''a
88% 89%
92%
90
92
51
92
50
39%
99%
387s
51
39%
90% 99%
47
99
467$ 47
•98 100
100
94% 97%
041,
23
51%
89%
93%
60%
88%
90%
46%
4%
11%
6.510 11%
16.967 19%
82.033 60%
2.425 26
16
26
73%
40%
100
500 93
103%
14%
Mar.
Mar.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
""^.JS
80% Apr.
17
52%
Apr.
'22% Apr.
31% Apr.
1979 Feb.
94% Feb.
34% Feb.
130 Jan.
98% Jan.
97
at
67% May
97% May
66% M^
1
t
1
1
M»
10
10
6
14
116% May
111% Apr. 29
138% Jan. 12
80% May
29
Apr.
Apr.
667g Apr.
98 Jan.
29 Jan.
139% Feb.
86%
140%
1
27
22
27
S
13
7
»
Feb.
20% Jan. 19
63^8 Jan.
8% Jan.
66 Jan.
19% Jan.
129
92%
14
14
14
14
Apr. 2
Apr.
103% Jan. 14
9% Apr. 21
30
15%
61%
113%
96%
May t
Feb. 8
Apr. 28
Feb. 9
Apr. 7
82%Miy
1
Apr.
Jan.
Apr.
Jan.
Feb.
Jan.
Jan.
Jan.
Jan.
Apr.
27
29%
18
109
21 24%
6 96
19 98
18 111
18
6%
18 12%
14 16%
6 20 May
2 73% Apr.
2 44% Anr.
21 100 Apr.
22 104% Feb.
2 14% Feb.
2 70 Jan.
20%
195
§7% 977e
86% 37
"92"
n(> sale
"827i
made
194 196
97% 97%
86%
367g
82%
'82%
;
194
194
193
87
198
• 191
07% 98%
36% 867s
97% 97%
39% 86%
87
87
87
82% »3% 83% 83
Prices fl-om both 1x0 haniren.
.
89
99%
47%
8 29
2 53
57.,Jan. 17 0".'%
83 Feb. 27 95
84 Jan. 2 62%
83 J.o. 8, 39%
8,395! 167gJaD.
28%l
51%
91%
93%
91%
1,870
101.693
3,884
34.881
10,890
1,971
33%Jan.
04% Jan. 34 99%
5,773' 41% Feb.
Jan.
1.427i 88
102 %i
109,547 73% Mar.
109% 8.970 101 Feb.
19% 34,319 17% Jan.
18% 28,183 Jl%Jan.
32% '2,360 16% Jan.
80% 9,640 31% Jan.
e0%a$)6,uOO 66% Apr.
895 1 84 J.B.
194
99% i,f7tfioo 06% Apr.
86% 6.070 82% Jan.
=00 80 Jan.
90
83
8.H37I 76 Jan.
97% 99%
106% 107
107
104% 104% 10»7gloe
20
20% 19% 30
10% 1078 19%
17
17%
17%
17%
16%
17%
17%
17% 18
31
31
81
31%
30% 30% 30% 31% 31
38%
39%
3«%
88%
38%
38% 39% 88%
30%
69
69% 67% 60% 66% 67% 66% 67% 66%
1978
195
97% 97%
36% 37%
82%'82%
These are the prices bid a nd asked
27% 28%
51
52%
88
90%
91% 92
50% 91%
38% 387e
09% 90%
46% 47Tg
98% 98%
89% 90%
104% 105
10438 105
39
Silver liullii.n Cenlticates...
A
99
•69
195
Pullman Palace Car Co
Tennessee Coal
280«f
47% 47%
20
'si"
80,.<V67
104% 104% 103% 104%
,5
12
1
Lowest.
IS.
6
4
8
IS
14
10
14
30
1
27
7
30
1
80% 89%
pref.
81
104
IMI.
66%
89%
91%
51%
37%
•98
•78
104
1,
3
1,999 100%
10
1,400 11%
29
67
10 57
2 31% Feb. 10
30%
660 23
22% 24.9S7 17% Mar. 7 22% Apr. 28
55% 3.690 48% Jan. 7 56% Apr. 28
41% 71,237 32 Mar. 9 41% Jan. 1ft
•227 233
230 226 232 •226 233
111 ;226 Mar. 26 271 Feb. 3
18% 17% 18% 17% 18
i77e "lais 17% 1779
8.868 15% Jan. 2 18% Mar. 17
8% 8%
8% 8%
8% 8% •8% 8% 2.330 7% Jan. 6 11% Feb. 17
8%
33% 32% 33% 33% 33% 33
33% 33% 33% 1.638 28% Jan. 6 40% Feb. 18
15% 16
16% 16% 16% 16% 16% 16% 16%
1.150 13% Mar. 12 16% Jan. 14
54% 54% 56% 55% 56% 56
56% 36% 56% 2.831 52% Mar. 19 57% Jan. 14
28% 26% 27% 27
27% 27
27% 27% 28% 32,295 21% Jan. 2 30 Jan. 14
72% 71% 72% 71% 7178 71% 72% 7178 73% 131.182 63% Jan. 2 74 Jan. 30
•19
19% 18% 19
19% 19% 1979 19
19% 1.450 15% Mar. 11 1979 Jan. 17
IP 17% 17% 17%
17% 16% 16% "16% 18
550 14 Jan. 2 18 Feb. 7
•77% 79% 77% 77% 77
77% •76
78
78
Mar. 9 82 Jan. 13
1,.555 65
29
29
28% 30
29% •28% 29% 29
29% 2,.308 19 Jan. 6 30 Apr. 88
•21
22
21% 21% 21% •21
22
21% 21%
400 14% Jan. 7 22 Anr. 23
34% 33% 33% 33% 3379 33% 3479 3379 35
33,770 28% Mar. 10 35 May 1
18
18% 1779 18% 18% 18% 17% 18% 18
9,286 12% Jan. 7 18% Apr. 27
64
63% 64% 64
63% 64% 63% 63% 5,903 48 Jan. 6 0479 Apr. 27
647e
19
18% 18% 18% 18% 18% 18% 18
18% 34.960 16 Jxn. 2 19% Feb. 7
75
73
73% 73
73
72% 72% 1.060 67% Jan. 2 76% Feb. 10
73% 73
•39
39
40
40
40% 43% 42% 44
40
2,110 23 J..n. 2 44 Mar 1
•71
72
72% 72% 72
73
74% 74% 74% 2,393 .55% Jan. 2 74% Apr. 30
113
112 112
112 113 •112 114 •110% 113
110%112
107 100 Jan. 5 134% Mar. 20
1-20
135 "125 135 •125 135 •125 135 •1'25 135 •1!25 135
Jan. 6 122% Jan. 3
12% 11% 12% •11% 12% •11% 12% 11% 12% •11% 12%
9% Feb. 26 12% Jan. 14
67% 70 •68 70 67 70
70
70
67% 67%
"lbs 55 Feb. 16 70 Jan. 16
•30
29 31 '28 31
Apr. 27
31% 33
31
30
32
32
1,000 24 Jnu. 16; 32
•91
91 94 91 94
92
95
94
92
92% 90
230 85 Jan. 5l 92% Apr. 37
1,8-25 100
Jan. 2 111 Feb
6
107
107 107
106% 107% •107 108 •107 108 •107% 108
32% 31% 32
31
32% 32
32% 32
31% 31% 32
3,750 23 Jan. 16; 33 Apr. 23
16% 15% 16% 15% 1579 15% 167fl 15% 15% 15% 15% 8.795 127gMar. 10 16% Jan. 14
18% lb7e 18% 19
19
19
18% 19% 18% 19
19
2.295 16% Jan. 2j 20% Jan. 13
•44
•44
•44
•44
•44
55
45 Apr. 6> 61 Jan. 13
65
55
55
45
56
80 88 •80 88 •90 88 •80 87 •80 87
Feb. 16
81
Apr. 6 88
88
6078
51%
92%
51
41%
Jan. 26 52% Apr. 28
50%
62%
61%
52%
52%
51%
118,765
Sl^'e
23% 23% 23% '23% 23
23 %| 4,600 21 Jan. 3 24% Jan. 14
23'8
33% 24
23% 24
IIO9
11% 1079 11% 10% 11% 5,605 8% Mar. 10 11% Apr. 35
10% 11% 1078 11% 11
23% 22% 23% 22% 23% 22.% 28% 227e 23% 22% 23% 24,855 1678 Jan. 3 287s Apr. 84
37
86
37
36% 37% 35% 38% 3978 867. 36
37% 16,780 30% Jan. 26 37% Apr. 88
78% 14.635 67% Jan. 2 79% Apr. 27
79% 77% 79% 77% 7878 77% 7878' 77% 78% x77
•.41%
22%
2178
2178
21%
21%
21%
21% 6,343 18 Jan. 2 23% Jan. 14
213b
32%|
213s
52%
90%
91%
52%
88%
•52
Week,
Hhares.
6%
81
JAN.
IUn«eofsiltoshil89U
Of the
En
''t^l'
79
93
105
•4% 5
•10% 12
$lfue
(Mcs
A'^
12
11% 11% 11%
16% 1479 15% 15% 16% 15%
24% 24% 25% 25% 25% 24%
72% 73%
73% 72% 73% 72% 73% 71%
40
41
40% 39% 39% 40
40% 40%
•98
99% •98% 99% •98
99% '99% lOO
99%
103% 103Sp 103% 103% 103% 103% 103% 103% 103%
14% 14% 14
14% 14
14% 13% 14% •14
'66% 68
•67% 68
•65% 68
66% 66% 66%
•29
29% 30
30
29
30% •20
29% •29%
22
21% 22%
22% 21% 22% 22
22% 22
56% 56% 54% 56% 54% 55% 53%
55% 56
40
39% 40% 39% 41
41% 40% 41% 39%
15% 15%
2378
41%
*98
99%
New York Central A Hudson. 103% 103%
14% 14%
New York Chic. A St. Louis
Do
1st pref. •66% 68
3014 30%
Do
2d pref
New York Lake Erie A Weat'n 21% 2214
55
55%
Do
pref.
New York A New Englanil
39% 39%
New Y'ork New Hav. A Hart. •228 235 230
New Y'ork Ontario A Western 18
18M 17%
6%
New York Susquelian. A West.
8% &%
23% 33% 32%
Do
pref.
•14% 15% 15%
Norfolk A Western
54
Do
54% 54%
pref.
Northern Paciflo
27
27% 27%
7008 72%
71%
Do
pref.
Ohio A Mississippi
19% 10% 19%
•16% 18
Ohio Southern
17%
77
Oregon R'y A Navigation Co.
77
7778
Oregon Mi. Line A Utah North 28'9 29
28%
Peoria Decatur A Evan.ivllle.
21% 21% •21%
Phlla. A Read., vot. trust, cert.
33% 3414 33%
Pittsburg ann. Chic. A St. L.
17
18% 17%
63
Do
61
65
pref.
Richmond AWest P'tTermlnal 18% 18»(i 18%
•74
Do
75
pref. •74
•38
Elo Grande Western
39% 39%
Do
71% 71% 72
pref.
.
•78
4%
•10% 12
15
15%
23% 24
Mlssotirl Pacific
96
81
4%
and
1,
88% 88% 84
38
34%
9% 5%
978
6%
97(
79% 79% 79% '79
79%
92
93%
98% *91% 32% 93
62
120 122% I3U%131% 130M21% 120% 131%
31
81% 30% 80% 31% 31% -81
32
19
19% '18% 19
in
187s 19
l»
98%
93% 93% 93>i 53% &37g 63
98%
33
32
•32% 3SH
33% 83% 321a 8:<%
124% I2ti
126% 136% •1'.'6 129 -IM 128
89% 91% 897; 81%
2^"*
SS"*
HiJil
t^"*
66%i
66
06%
66% 67% 66
67
67%
96% 96% 96% 97% 97% 97% 97
97%
63% 64%' 03% 64%| 63% 69%| 66% 66%
•114
115
113 113% 113% 115
116 113%
100% 110%! Il0%110«j no lll%i 110% 111%
135% 135% •133% 136
136 137i< 136% 136%
78% 80
^°»
o2J?
7,i^ ••JS
.'^S'* T^'^
28% 28%
2879 287,
29
28% 287, ^2,
•86
87".,
•86
87% •84
87% •85
86
64% 651s 64% 69
64% 66ak 66
65%
94
94
•92% 04
94% 05 •
93%
27
28 1<
'27% 38%
28
28% 27% 28%
135 135% 135% 186% 135% 137
136% 136%
137% 138
138
180% 138% 140% 139% 140%
19
10% 19% 10% 19% 19% 19% 10%
61
61% 60% 61
61% 61% 61% 61%
'7'*
7% 7% .11
7
<."<
.J"* 64
-Z
•57
•57
•57
•57
64
64
64
•16% 18
•16% 17% •16% 17% •16% 17%
126 125% 124% 124% •122 125 •123 125
•eo
90
90% 90% 90
89% 90
90
10178 101 7e '101
101% 101%
103 •100 101
•8% 9%
9
9
9
8% 8%
9
28% 28% 27% 27% 28% 29% 29% 30
14% 147e 14% 1479 14% 14% 14% 14%
60% 61% 61% 61% 61% 61% 61% 61%
11".^% 112% 112
112% il-.i%112% 112 112%
92 93
93
92% 92% 93
93
93
80% 82
80% 80% 8078 82
81% 82%
28
29% 28% !J9% 28% 29% .^778 29
•14
15
14
14% 14% •14
14
15
107 107% 106% 106% 106 107
106% 106%
•22% 23% •22% 23
•22
23
23
24
•95
00 95%
96
95
95
•78"'
,*Z?,
104%
104% •102
105
4
•10% 12
4
r
1
135
793.
87H
*
115
W«diiewlay
if/1
|
!
98%
86%
•87
82%
Rx righu
1
X
Kxdli Ideod.
16 49
3 111
11 99%
Apr.
Apr.
Apr.
Jan.
Apr.
32
23
10
14
23
Mar. 16
Apr. 30
Jan. 13
Feb. 5
May
3,109% May
1
1
21% Jan. 17
19% Feb. 13
7 33% May I
26 41% Feb. 96
2» Bi po. IP
3
2
9 196% Jan. 14
23 107% Jan. 16
a|-8»%Jan. 14
6 87 Apr. •
21
83
Apr.
SO
3
.
«
a
t
.
THE CHRONICLE.
672
May
Range
1.
in 1891.
{sates)
162>a Mar. 167
170
98
150
& Western
pref....lOO
Eeusselacr
Feb.
St.
St.
135
100 Feb.
100 •100
30 Apr.
30
100 29
3739
29 Jan.
100 J37
100 J 79% 7978 74 Jan.
Preferred
Apr.
33
20
25
100
Burl. Cedar Rapids & Nor
100 121s 15
California PaciflcIT
8I2
Mar.
7
3^
100
Cedar Falls & Minnesota
12
10
Chic. & Atl., Benef. trust rccts.lT..
Feb.
150ifl
152
148
50
Cleveland & Pittslnirff
100
Columbia & Greenville pf
4I8 Feb.
100 I 6i2
Des Moines <fe Fort Dodge
25
12 Feb.
15
100
Preferred
5 Apr.
100
Dnluth 8. Shore & Atlan.lT
14
1231 Jan.
11
100
PreterredH
24I2
100 }
26>o 18% Jan.
riint & Pere Marquette
86i« 78
Mar.
100
Prsferred
6I3
7Js
6»2 Jan.
100
Georgia PacitlcH
6I2 Jan.
8
100
7
Green Bay Win. <fe St. Paul
412
2 Jan.
100
3
Hooston & Texas Central
9OI2 Jan.
100 90 100
Illinois Centr.il leased lines
16
14 Mar.
15
100
Kanawha & MicliiRan
1
Feb.
4,
100
Keoliuli & Des Moines
7 Jan.
100
8% 13
Preferred
37ii! 28
27 Apr.
loulsT. Evans. & St. Lo., cons. 100
61
55 Jan.
100 60
Preferred
liOu.St.L.&Tex. Seeprecediugpago
7713 Apr.
75
85
Uahoning Coal
501
Preferred
50 110 115 101 Apr.
36 Feb.
Menijihis & Charleston
25
5 Jan.
Mexican Nation.il
100
143 Mar.
Morris&Essex
50
104 Jan.
100
S. Y. Lack. & Western
16 Mar.
20
21
K. Y. & Korthern pref
100
Peoria & Eastern
100
10
6
Jan.
8
Pitts. Ft. Wayne & Chicago. ...3 01 151
152 149 Jan,
* No price Thursday; latest price this -weak.
111.
Bid.
7973
May
25
Feb.
SECURITIES.
1906
Class B, 5s
1906
Class C, 4s
1906
Currency funding 4s
1920
Arkansas— 6s,fund.Hol. 1899-1900
do. Non-Holford
7s, Arkansas Central KR
Louisiana- 7s, cons
1914
Stamped 4s
Missouri— Fund
1894-1895
New York
to
5
Mar.
Feb.
Feb.
Apr.
861a Apr.
&% Jan.
81a Jan.
4 Apr.
92 Feb.
16 Feb.
4 Mar.
1313 Apr.
301a Jan.
63 Jan.
85
109 la Apr.
40 Jan.
5 Jan.
1481s Mar.
Jan.
Mar.
22 Apr.
8 Jan.
15214 Mnr.
97
104
7
108%
1893 101
J&Ji 30
Funding act
19001
10
New bonds, ,L& J.... 1892 1898 20
14
175
5
Consolidated 48
Chatham
We omit
KB
19101
1919j
6s
80% 92
102%
Rhode Island— 6s, con .1893-1894]
.
South Carolina— 68, nou-fund.1888
for the
(00)
in all cases.
MAY
Bank of New
$
York...
Manhattan Co
Merchants'
Mechanics'
America.
Pbenix.
City
Tradesmen's
Ohemical
Merchants* Kxchange
Oallatin National
Butchers' & Drovers'.
Mechanics' 6l Traders
Greenwich
Manofact'rs.
Beveuth National
State of New York....
American Exchange..
Zjeatflei
Commerce
Broadway
Mercantile
Paciflc
Bepublio
Obatham
Peoples'
Koith America.
Hanover
„....
Irving
Oltlzeng'
Kassan
Markets
Fnlton
St. Nicholas
Shoe <fe Leather
Cora Kxchauge
CoQttnoutal
Oriental
Importers' & Traders
Poortii National
Central Nailonsl
Second National
Ninth National
Plist Natiiuial
]
I'hird National..
H. Y. Nat' 1 Jixcbange
Bowcrv
County..*
GernihE-Amerlran
Chase Nktioual
Pifth Areiiue
German Exchuure
Gemianla
.
.
.
tJnited States
Uncoln
Gartield
Pifth Naiionnl
Back of the Metrop..
West Side
„.
Seaboard
Sixth National
Western
Pint
^ationlll...
Natloual.lf'klyi
«
SptcU.
»
«
Leiali.
C
Depoaiti.
C
000.0
050,0
000,0
000,0
l,g07.5
1.478,5
11.700,0
10,671.0
1.6.30,0
;,3oo,o
1,243.0
613,0
t»l'6,'i
6,4'i2.t>
83B,3
6Ti.:t
l,824,.ii
2,001,8
659,6
2.652.0
107,3
6,454,0
1,465,0
2,112.2
723,0
,000,0
,000,0
,000,0
8,7ll.a
13.941.2
4.6U0.0
11.140,0
9,97^.0
e.oos.i
7,610.0
i,2iio,';
13,4:<H,9
],04;<,n
247,0
4,35 .-,0
10.10!l,7
2,438,0
966,11
2,090.2
22,160,8
3,511,6
6,311,5
1,751,7
2742
10,45».:(
191,(1
6,159,4
l,59i!,S
441,7
6)9.5
430,1
47J,fi
1,954,2
33,637.9
3, 9112 2
4,S8i.5
143,1
1.92,^,2
2,16l),U
253,(1
277,1'
1.200.3
3,05 1,-i
1,308.7
3,371,7
17,422,0
116.4
408,2
281.7
226,1
2,740,0
839,5
856,5
1.002,8
316,4
1,316,2
1,03«,7
3Bl,4
96.3
229,9
2,20H,u
1,087,2
2,46",0
1,409,2
'A665.9
14,067.0
750,0
soe.o
600,0
000,0
300,0
400,0
200,0
600,0
300,0
200,0
000,0
000,0
000,0
000,0
422,7
600,0
450,0
200,0
700,0
000,0
S00,0
600,0
600.0
750,0
600,0
600,0
127,2
1,627,5
2P4,U
401,0
143,7
666,4
7;,2
489,1
2 007,0
3,529,5
1,631,1
944,1
422,6
866,7
758,1
807,4
654.C
1,001,3
287,4
421,6
232,b
731,6
108,8
266.2
,000,0
,000.0
1,106,4
801,2
300,0
404.5
6,020,0
2,608,0
,500,0
,000,0
Park
Ka«t River
Kew ^'ork
Leant.
Capital. Surpltu.
260,0
14U,(
,200,0
l,ca2,ti
000,0
300,0
750,0
600,0
640,7
357.3
820 5
8,757.4
,000,0
.0.('
300,0
260,0
180,1
4S3,1
3,817,3
610.8
12,«4:-l.6
4,900,8
597,1)
5135
256,3
14,855 4
3.154,0
lt3,li
2,9110.9
846.4
S3i,B
3,310,7
4,121,
1,8d1.2
3,167,0
6 317,9
5.764,4
8,214,2
2,420.3
10,70;l,2
6,083.3
•!.2.-.7.5
3,151,0
2,618,4
2,974,1
4,030,0
1,854.3
2,683.0
699,1
313.1
775,1
141.1
512,0
7,12.i,0 1,051.2
4,267,7 1,001,3
2,0.iO,0
99,8
22,264,8 3 r>!>0,6
21,>-»1.61 4,H84,7
1,269.7
224,2
18,463,6 3,B.')0,2
7,294,0] l,867.o
4,440,0 1,H10,0
4,121,4
86ri,e
22,995,9 4,703,2
3,388,8
600,4
200,fc
6S8.'<
760,0
600,C
100,0
200,0
200,0
600,0
300,0
200,0
150,0
300.0
200,0
600,0
200,0
272,7
B«6,U
10.7 3.S4
71)8,1
4,626,0
61H.9
480,7
607,7
889,6
834,9
301,3
eo3,«
288,
2,1 4J,
,500,0
300,0
7'?T
L7 n'
157,i>
,
73,1
2.50,0
1,318.0
2,679,7
423,4
1,17S,9
386,1
1,200,3
654,3
217,1
519,7
18,t)2li,6
1,519.1
2,425,0
3,024.0
370,1
2i0,3
783,0
435,5
2.7.'>5.5
118,9
1,407,2
364,0
4,668,;
8,572,3
2,80u,0
11.137,2
8,475,.i
3.019,4
4,810,7
4,S';9.7
2,1120,0
22,270,0
26,507,6
1,117.4
18,731 5
«. York.'
Mar. 2H ...
Aiir.
4 ...
"
11....
"
18 ...
"
25 ...
"
23...,
18
...
1,244.11
3.753,0
83U.0
1
3,16S,6
3,8''».5
3,801,5
4,4.11,
l.P7ti,l
V9.',')
4.»33.3
2,0c4,0
4.3»3,o
!'20.0
l.;i30,o
1,244,6
i87,0
9.963.5
3,H4a,o
55 3 38 3579 iToiiszTs
Mar. 1978 Apr.
70 Jan.
Jan.
Feb
J.an. 145
1.
Bid.
97
03
75
Ask.
102
Boston and Philadelphia Banks:
Loana.
Specie.
L^QtUs.
Oi^e^'^n
Dt.positt.-<
OUarxno**
193,233,1
3,491,0 577,130,3
"
634,907,9
95,184,0
s.7,9-7,!<
96,651,2
—
A
Bfdway
St.
7thAv.— St'k.. 190
let mort., 58. 1904 .J&D 103
2dmort., 69, 1914. ..J <&J 102
'^4
1st, 58, gu
2nil 6s, int. as rent., '05.
B'way
Srooklfu City— Stock
Istmort., 58, 1902. .J&J
B'klyntrojst'n 68., 1908
Bkn.C'y.&;N'i,5»,1938 J JtJ
Jantrai C'rosstown— ciii'it..
Istmort., 6a,1922.M&N
Oent Pk.N.Jtli.Uiv.— 8tk.
Consols. 7s, 1902 ...J&D
Dk.li;.B.& Bai'y— .stk.
1st mort., 78, 1893.. J&D
Dry
Bank Stock
List
BASiUM.
104
93
163
100
108
100
160
113
120
116
132
102
107
27
112
200
103
105
105
93
170
103
110
102
160
117
122
117
136
104
Scrip6.'j
i\tA 100
200
Sluhth Av.— Stock
Eighth A v.— Scrip, 68, 1914 103
42d & Ur'nd St. F'ry— Stk. 233
Isl moit., 7», 1893. AJtO 104
42aSt.Manh.1C St.N.Ave. 40
j
I
l»t mort., 68, 1910..
i
2d
M„ incoiue,69
MAS
112
50
200
100
95
112
102
237
285
J.tJ
Hoast W.St.Jt i>.li"y-siK.
1st moit., 78, 18tt4..J&J
!Ni uh .\vo...,
I
Se mil Ave.— Stock
1st uiurL, 5s, lD09.M<k^
Sixth Ave.- Stock. ...
Tbir.l Ave.— Stock.
IsC .M., 59, 1937.
J.feJ lo7
Tweuiy-tlUrd St.— Stock.. 235
102
Ist mort., 7s, 1893
.
— L,atest prices of
Ash..
JIA.NK0.
Hia.
stoclcs tuis
l>;xiil£
ilANKb.
Ao&.
ir2
107
212
ll!6
43
114
52
107
IK)
lift
104
240
110
ir4
week.
iBld.
lAlk
I
Broadway... 287
i.itti.-i
Feb.
94% Apr.
Citr Uallroad Securities Brokers' Qiiotationf,
Drv Duck E. B'y& B.—
120
ueutral
11.210,'.!
14
65%
137
40
Jan.
Jan.
SECUEITIES.
Atlantic Av,, B'klyn.St'k. 115
Gen. M.,5s,19u9...AifcO 105
If'al. !•'. -8tk.
24
Broker St.
latmort., 7s., IdOC-.J&J 110
s.a^-f.o
3,447,0
2 507,«
May
Feb.
6% Jan.
24
38
FeU.
Jan,
577,0'2,139,0 61.399.2
96.117,0
28,179,0
660,0 2,139,11 67,498,7
95,917.0
29,370,0
296,0 2.13.1,0 62 981 ,S
30,112,0
95.419,0
* Wt otnit two cipheTS in all tnene Jlgurut
t luciadioK, tor Boiion ana PtUla
dfllpltla, the Item " due to other banKB."
'•
2.h2!i.0
272,0
879,0
207,0
06%
Jan.
Jan,
44
35,793,7
35,793,7
35.793,7
AJir. 11...,
Am. £xch... 151
Asbary Park
306
Bowery
12,080,1
4,941.5
13
514 Jan.
38
Jan.
42% Jan.
Phlln.*
19U,1P
l.S.'IO.O
23
34
17% May
81
I
372,0
730.0
503.8
BtO,.-!
Mar.
Apr.
Mar.
103% Jan.
23% Mar.
15 Jan.
48 Apr.
16 Mar.
15 Jan.
70 Apr.
33 Feb.
9% Mar.
39 Apr.
82
15
Apr.
Feb.
Apr.
Mar.
Jan.
Feb.
80 Mar.
83 Apr.
19% Jan.
108% Mar.
26 Jan.
20% Jan.
60 Jan.
16 Mar.
65.S42.9 1.-)3,991,0 10,237 5 4,003,4 130, 641, 8 3.257.8
65.842.9 163,240.1 I10,S3j'.6 4,4i8.5 131. 287, 4 3.239.7
65,842,9 153,871,3 10,535,3| 4,846,1 130, 368, 4 3,279,8
6.301..1
608.4
215,0
464,7
228.0
72%
Beaton.'
Apr. 11....
4.714,3
21.68t.7
,'!41.1
Feb.
Jan,
28%
113 Jan. 123
82%
80 Jan.
98 Feb. 101 %
ll%M.-ir.
21
26
18 Apr.
3,493,
73,11
231,2
671,9
63!.
79,7
150
Feb.
124.378,7 412,281,9 74,U9H,8 33,9)9.1)414,915,
3.491,7, 676..821.()
124,378,7 407,018,7173,155,3,36,357,9 410, 162, 3 3,464,6 680,709,8
419,5
196,2
Jan.
15%
3,!S01,)
Ajnerica
H3,l
1,2 8,4
142
121, ;17-,7 413,971,6 76,681, <!:2.n62,~ 416,126,
8, '.30.0
5i'5.2
31^8,2
Mar.
9%
124,2rtl ,7 410,493,2 77.738,6 34,571,8 415.461,
121,820.8 4I2,S93,5 77.110,1 33,162,7 415,6.il,
BatohB'delir. 175
87(S3
m r0".0 407 01 8.7 73
444,6
2,190 S
2,34H,B
12,t'8l,5
City,
1,423.1
78ti,3
1,8114,2
251, -J
15
('omi roinise, 3 4-5 Us
New settlement, 68
5s
3s
169.4
134,3
271,8
791,0
693,4
3,936,9
2,013.0
3,fl7,0
204,0
296,0
Mar.
Tennessee— Gs, old
)oi;,0
1,S26..
1,('27,B
2,626,0
4,011,1
8 541.0
3,574,«
11-9,.1
14
S.O. (oont.)— Brown oon80l.6s.l893
Ask.
Capita/ a
SHTvhtt.
'
Bahks.
(00< omittid.)
I514
1892-1808
1912
1913 102% 107
1913 100 103
3
71%
1913 71
4
7
50
99 100% Virginia— 6g, old
50
123 124
6s, consolidated bonds
50
101
68, consolidated, 2(1 series, rects.
314
3% 6s, deferred, t'strec'ts, stamped
New York
week ending Apri
two ciphers
Apr.
Apr.
100
Bid.
Special tax, Class 1
105
Bank Statement
City
S6, 1891, is as follows.
SECURITIES.
Ask.
101% New York— Os, loan
lOHM North Carolina— 68, old
3
Jan.
37
;
Bid.
1,50
Mar.
38
Mar. 183
6
36
Jan.
5
Feb.
2612 Jan.
312 Jan.
'
103
102
28
175
15
-NEW YORK STOCK EXCHANGE PRICES.—Sr^ri? BONDS
Alabama— Class A, 4
^7
183
1891.
nig/te^t.
miscellaneous Stocks.
OigMay
:
Island
{sales) in
Lowest.
Adams Express
100 145 147
America n Bank Note CoH
38
41
American Cotton Oil trust rec. 100 26''8 27 14
100 115 116
Americau Express
Am. Telegraph & Cable
100,
821a
American Tobacco Co.„pref ..100, 99 101
I514
Brunswick Company
100 14
Buckeye Pipe Line
Chio June. By. & Stock Yards. 100
Preferred
100
100
1558 15 's
Columbus & Hocking Coal
Commercial Cable
100 103 lOHij
Consol. Coal of Maryland
100 23
28
100
19% 193»
Laclede Gas
49
Do
pref
100|
Lehigh & Wilkes. CoalU
16
18
Maryland Coal
lOO'
I712 17%
1 00
Minueso t a Iron
68
70
100
National Linseed Oil Co
39% 40%
100 lOia 12
New Central Coal
3812 40
Ontario Silver Mining
100
Pennsylvania Coal
50 260 310
Phila. Natural Gas
50 { 24
Postal Telegraph -CablelF
39
5S8
Quicksilver Mining
100
6
Preferred
100
38% 40
Sugar Eefln. Co. trust rects. 1.-100
100 tl9%
Texas Pacific Laud Trust
U.S. Express
100
07
100 140
Wells. Fariro Express
152"' Jan.
110
& Grand
Virginia Midland
8 "a Apr.
15
6
15
26 "a
Saratoga
Louis Alton ds T. II
South Carolina
Toledo Peoria & We.«tcrnTI
Toledo St. Louis & K. CityH
103 la Feb.
30 Apr.
37% Apr.
Boston <fc N. Y. Air Line pref
Brooklyn Elovatcdr
Buffiih) Eochester & Pitts
Joseph
&
Range
1.
Ask.
50
50 38
100 178
lOd
100 33
100 { 81a
100 143i
Prefei-red
100 35
100 160
95
Atianta & Charlotte Air LIT. ...100
South.
May
Indicates unlisted.
IT
Pittsburg
BallroHtt Stocks.
Alabama & VicltbuTKTT
Albany & Susquehanna
&
Bighesl.
Lowest.
Ask,
Bid.
(t In.Ua3.tes aetucil sales.)
INACTITE Stocks.
INACTITK Stocks.
H Indicates unlisted.
rvoL. Lii.
(Coatiauel)— /.VACrZP'^ STOOKS.
NEW YORK STOCK EXCHANGE PRICES
Belleville
j
Chase
Chatham
Chemical
211
184
4uO
4600
175
165
Citizens'
274
Columbia
Commerce... 193
Continental 137
Corn KxcU... 249
112
Depeait
KHst Kiver.. .160
llth Ward... 200
Kfth Ave.... 1800
300
Fifth
172
Am.
120
Germauia
300
Green w*.ch..
145
Hanover
348
Hud. Klver.. 14U
liu.
* Trad's'
,-.43
judii
living
300
Leather ills' 2.W
Lincoln
340
Manhattan... 175
Market* Ful 230
Mechanics'.. 20J
180
.
196
255
192
M'oh.VJtTr«'.
Mercantile... 4"lp
Merchants'.. 155
Merch'tsKx. 124
Metropolitan
[n.Y. Coanty. BOO
N.Y.Nat.Ei. 135
305
360
German Kx. 320
312
292
185
140
1
'3
340
3.',
5
660
200
263
400
175
Mt. Morris
1-tn Ward.. 130
N. America.. 167
210
Oriental
190
335
Park
27J
People's
132
Phenix
Pitjduce Ex. Ill
18J
Second....... 325
210
220
Seventh
IrtO
128
...
Murray
aii'i
173
Paciho
'240
S"-!
.. 400
Hill. 300
Nassau
163
.V«w York... 244
Ninth
Bepuhllc... 182
170
Seaboard
Metrot'olis... 100
2000
First
First N., S. I. 104
112
14U1 Street.. 170
Fourth
Gavllcld
flermun
'
130
too
City
4allaHn
140
115
180
120
8hoe<ftLeath. 150
St. Nicliolas. 1 18
State of N.Y. loo
102
Third
Tradesmen's. 100
Uiill'd,Stnto9 200
Wasteru
iOO
VVeat Side...
2i,'0
160
126
115
103
1001*
.
.
May
3,
THE CHRONICLE.
1891.J
FUILADELPHU AND DALTIKORE STOCK EXCHANGES.
BOSTON,
Cy Bhare
Active StockSf
Satiirdar,
April 25.
IiKlk'iitos tinllstod.
II
Prt«e»
— not
Per rcntaai Pclcea.
Tuexlav,
WedncMlay,
Tbunular,
April 27.
April 2M.
April 20.
April 30.
Vridar,
May
33% 34
n
8.
Hnleii
5>a
fi>l
6«i
00
118
....
•118
lIHia
"
'
104
201i«
•10>8
•37«B
80>«
637g
•0
83
'
.
Old Colony
Pennsylvanln..
71's
72!>(,
7114
106 14 168
1«6 ...
168
50 5219 6218 521a 52°8 521a
•28 "a
•28%
50 *28>a
I7I1 16.3,. 1718
Phlln.AKe.iding
"
16%
50 17
Huuuuit HranehrJSo»<(»i;. 50
SOs
'•
union I'lH'idc
501%
100
61>4
50%
United Coa.ofN.J.rPAiVa.noO
225% 225
225>a
Pbila.icl.
A
(Phila.).
Eric.
"
5m
WesteruN.y.&Pari'Aii«.> 100
8>4
.
8«8
8>4
7236
7114 71%
168
1681s 16S
52%
29i..i
52% S3
20% SO
1678 1611,8
5%
1678
5m
5238
5218
223i« 223>a22S>a
8I9
8>4
8>4
81a
102
197't
I9«|
87«4 S714
90
0114
6514 6638
20
lll'l
30
01
65 la
47
47
6>a
21
83
84
2138
83
•25
'
71'p
84
204 ig
1771a 177 «a
178
•
em
70%
B%
•84
•130
20-1 >4
'
"
100
(Boston).\O0
1.
84i«
33
.
Pri'forrpd
Banc* or Miet la 1 ••1,1
of the
Mondajr
Fe (ItottoHjAOO 31>« 34>8 3314 34>a 33% 34 Vi 33>« 8378
••
5% 5% •6»8
Allniitlr A. Vn>\
HH 6%
100
*84ia...
85
85
85
85
BaltliiKin- A Olilo (BalU.lOO
'•
lot luifcirivl
100
••
118 118
Qiljirrlcrri'il
100
'204
2041a 204 204 >« 204 204
Boston * A Umiiv fBo»toiO 100 204 204
177ix
177
177
177
177
Biwton A Liiwi'll
"
178
lOO
201 201
201 201
BoMloii .V Miiliio
'loi>a 202 14
"
100 200 201
19% 20
20
C<Miti:il ,.f MiiDS.
I9(« 19 >«
"
ID'S 10^8
100
"
39
88
80
30>« 80>«
I'niiricd
391a
391a 40
100
HO>g 01
Cliic.Hiir.AQiitn.
"
100 Si's 01''8 90% Ol's 00 la 92
63<>8 64%
63% 64% 63i« 64 >4
6i>4
Ohio. Mil. & at. P. (rhii.j.xoo
46
46><
aii.'. A W. Mich, (Jloslonj. 100
47
461a
'a
46>a
47
*6>4
di;
ClPv«. A C'aiitou
<•
'51a
61s
100
e>a
"
21
20
21
"liiht •ai
Pi-pferreil
31
100
21H 21
82Tg 83I4
82^9 83
"
FltoLlmiK nrcf.
84
84
100
26<4
Fl. A I'lM-e Murq.
"
SA
100 •26
•87 ...
"
Prererrert
87
87
87
loo
22I4 22>4
•22
•22
Huut. * Br. Top. (PhUa ). 50
23
23
83
221a
"
•44
44
43
45
45
Prpfcrred
45>4 4e>4
to 4i
"
48<>8 48%
LpIiIrIi Vnllpy
481a 48°b
50 48>s 48>s
48<>B 487g
Maine tViitral (Boston). 100
142
"
Mejciean Cpiitral
23
23% 221a 2278
100 Si's 22'* 22% •23-h"
3938 401*
N. Y. AN. Eug.
39% 41
4014 41 %
100 39<>8 3!)^
"
10^ la lOHia 108 108%
Preferred
100 106>« 108
1071a 108
-64 78
Kortlieni Ceutml (Bait.). 50
63
65
•647h ...
NortbiTii Puclflor/*AiVn.>.100
26'8 27i«
27 "6 273a 2738 28}»
27
27'*
A
Atch. T.
678
23
86
23
86
23I4
46% 46%
48% 48%
231s
46% 46%
Week,
Hhuren.
80,033
Law»8t.
24 •«
UlfbMrt.
34<Hi A|>r.
24
676
418 Mar.
6 Jan.
86 85 Mar.
93 >g Jan.
131
Apr.
137 Jan.
6 113 Jan. OillO Apr.
145 193 Jan. »|2<)5 Jan.
63 173 Mar. 12 luSia Feb.
4,084 102 May
209 la Ftb.
3?5 18% Jan.
20>a Jan.
1,229 34% Jan.
40 Feb.
12.951 7678 Mar.
03 >3 Jan.
6638 .May
20,820 61 Jan.
51
Jan.
70 41 Mar.
100
7 Jan.
Mar.
5
1.037 17 Mar.
21'<s Hay
83% Jan.
524 82 Mar.
IS
13
136
1,010
.Mar.
18
Mar.
76
Mar
*)
IS
30
B
13
10
3
13
1
4
t
5
33
Apr. 33
201a Apr.
86<>B
28H May
1713 Jan.
1
787 4314 Mar. 20 46% Jan. 9
481a 48»F.
030 46I4 Mar. 25l 61 Feb. 3
140 Jan. 13 146 Feb. 11
22i« 22%.
2214 22I.K 1 6,986 17% Mar. 23, 24*8 Jan. 14
4014 4114
4p
4118 22,023 321s Mnr. 0' 41<^ Jan. 15
1071a lW»a 108
07 1031a Mar. 0116*4 Jan. IS
•64 -a 651a
•6478 ...
2 64 >a Mar. 23 66>4 Feb. 6
2739 28
27
271a
10,690 21% Jan. 2 29>^ Jan. 13
7II4 7238
72
7338 21,169 63°8 Jan. 2 74 Feb. 10
168 168
168 168
508 1C4 Apr. 14 1681a Apr. 23
;51i4 5278
52% 53
6,94
501a Jan. 2, 53 Apr. 29
3014 30I4
350 28 Mar. 10 32 Feb. 10
17 17',
16l»it 1738
24,476 1414 Mar. 10,17»i. May 1
•5
OSs Jan. 13
100
41a Feb. 6
61«8 5214
511a 52ie
4,088 43 Jan. 26 5298 Apr. 28
2251a 2251s 2251a 225%
380 225 Jan. S230 Feb. 5
•8i4
•8^4
8ii
Feb. 11
81s
203
7% Jan. 3
ni«reIlaneoai> Stocks.
Am.SuK'rKefln.Hfion'onj
8908 OOJ4
88
90V 87% 881s 87»9 80% 88?4 89I3 891s 91%
Preferred
"
91% 91% 91
91
92
92
91% •a
91% 921s
Ball Telephone ..
206 206
206 2061s 206 19 207
206 206
100 206 206 1« 206 207
41I3
41I4
41I4
Boat. Il Montana
43
*41
4313
42
42
41%
25
14
421s
411a 42
BntteABoston..
'15% 16
15% 15% 13% 15% 1514 16
23 •151a 16
•131a 16
Oolnmct A Uecla
265
256
262
260
263
260 2G0
260
265
265 •260 265
.1,0
25
Canton Co
•54
•55
•54
•33
(Balt.).lOQ
56
55
55
55
55
531s
"
Consolidated Oas
48
48
100 48
48% •471a 48 la 481a 481s -4HI4 48H,
481a
Erie Telephone rBo»ton>. 100 •4914 60
49I3 40>« •491a 50
*48ia
50
50
50
50
I-amasu t^toreSer. "
•16
17
17
17
17
50 •161a
161a 17
171a •161a 17
Lehl-h CoalANav FhU., 50
48 14 48
4814
4814
48
4Hifl
48
48
48% 481a X4714 471s
W.EnK. Telephone r.«i»('/i;l00 •301a
•52
*52
•51
*h2
•52
North Anierlean. (Phil.). 100 17 1« 17»R
1738 173r
I714 17^8 •1714 17i«
1738 18
171a 171^
Tnom8on-H'uE1.1[r/>o»('»»> 25
47
4714 4714
47% 47% 4714 4778
14 471s
47 la 4778
471a 47 ^
Preferred
"
us 2578 257« 25-8 2378 •25% 2578 2578 2379 251a 2578 25% 26
II
23T8 2414
weatEndLand..
"
2II4
24
23% 24
23% 23% 2314 231s 23 19 2319
" Bid and asked pnce»; no sale was made.
X Ex divid •nd.
Slxiwest is ex divldenil.
Inactive Stocks.
Prices of
Hay
Ask.
Bid.
Atlanta A Charlotte {Ball.) .100
94%
Boston A Providcnoe iHoslon) 100 253
Camden A Atauticpf. {Phila.) 50
Catawiseu
"
50
••
Ist preferred
50 58
"
2d preferred
50 551a
Central Ohio
(Ball.)
60 50
Charl. Col. A An)?u8t»
100
Conncctioiit A Pass. (Boston) .100
Couneoticut River .
"
100 218
.
.
Bid.
Inactive stocics.
Thom.Europ.E.WeldH
Water Power
Westinghouse Elec.H
1.
95
(BoBlon)
'•
"
Bonds.— Boston.—
30
At.Top.Ab.F.10(Vyr.4g.,1989.
100
100
50
55
1414
Ask.
58<4 Jan. 17 92% Apr. 30
841a Mar. 11 94 Jan. 14
320 Jan. 14
458 1184 Jan.
1,390 3914 Jan.
461a Mar. 31
17 Jan. 14
150 1314 Jan.
280 Mar. 81
39 246 Jan.
55 Feb. 37
50 4014 Jan.
40 Jan. 14
605 45% Jan.
50% Mar. 81
361 4638 Jan.
60 13 Mar. 80 24 Jan. 9
2,001 46 Mar. 23 46% Feb. 10
50 Jan. 3 52 Jan. 9
18,583
1,005
4',286
l'.j38Jan.
lOis Feb.
Jan.
2
684 4114 Mar. 10
877 25 Feb. 5
6,315 21 Mar. 13
f£x
40
26
17
81
Jan. 5
243B Apr. 23
rights.
Bid.
Bonds.
1919, V.irl 112
iJPenna. Consol. 58, r
1913, JAD t.
Coliat Tr. 41s g
14!t8 IPa. A N. Y. Canal, 7s... 1906, JA1>| 120i»
Consol. 58...:
1939, AAO
78% fPerkiomen, 1st 8er.,58.1918, Q-J lOlk
60
3
i
I
I
JAJ
493))l 49% iPnila.AErlegen.M.5g.,19L>0,AAO 111
713
100-year income 5 r., 1989.Bcpt.
68 14 Burl. A Mo. River Exempt 6b, JAJ 113 114
09
Gen. mort, 4 g
1920, AAO
1918, JAJ 1113
79
79%
Non-e-tempt 68
Phila A Read, new 4 g.. 1938. JAJ
54 7g 53
1910,J&J 187
Plain 4s
1
pref. Income, 5 g, 1938, Feb 1
38>4
38
2d pref. Income, 5 g, 1958, Feb. 1
Chic. Bull. A Nor. Ist 5,1926, A&O IOC's 101
1918, J&D 101
102*1
3d pref. Income, 5 g, 1958. Feb. 1
2d mort. 6s
291a 29<>B
1806, J&D, loo's 101
Debenture 68
1893, AAO 106 <a
2d, 7s
89
150 165
Con-sol. mort. 78
1911, JAD 120
Chie. Burl. A Qiilncy 48..1922,F4A & 88
1919, AAOjS 90
92
191l,JAD 116>a
77
80
Iowa Division 43
Consol. mort. 6 g
96
Chic. A W.Mich, gen. 5s, 1921, JADJ
Improvement.M.O g., 1897, AAO 104 10ft
Con. M.,5 g.,8tamped, 1922, MAN X99% 100
Consol. of Vermont, 03.191.'), JAJ ) 89
Phil. Wilm. A Bait., 4s. 1917, AAO
Current Kiver, 1st. 5»..iy27, AAO it...
S
Lnns.ANor'nM.78.1907,JAJ
110
iDet.
Pitts.
C. A St. J,., 78.. -.1900, FAA 115
661a
lEwtem l8t mort. 6 g.. 1 iKW, M AS M .
12m Po'kcepsie Bridge, 6 g.l936, FAA lOoial 41
Iree.Elk.AM.V.,Ist,6s.l933,AAO J
Schuyl.R.E.8ide.l8t5 g.l935, JAD
.'ft
Delaware A Boiiud Br tPltila.) .100
Har.Port8.Mt,.IoyAL.
50
Kan. C'y Ft. 8. A Mem. {Boston) .100
K.C'^Ft.S. ACiilfpf.
100
K. City Mem. A Birm
100
Little Sehiiylldll
{Phila.)
50
Manchester A Law.. {Boston) 100
Maryland Ceulral....
{Halt. ) 50
Mine Hill A S. Haven {Phita.) 50
66I4
|10«
8teiibcn.AInd.,lstm.,38.1914, JAJ
Unstamped Ist, «»....193;!,AAO;Sl.
Aesqiuhoiiinc V'al.
K.C.C.A8pring.,l8t,5g.,1925,AAO S
»8
1 ijll4. A AOj 105
United N. J., 6g
50 531s
Northern .V. 11
108
{Boston) 100
Warren A Frank., lst,7s,1896,FAA| 108 "a
K. C. F. 8. A M. con. 6». 1928, MAN S
Jjorth Pennsylvnuia. iPMla.)
89
80 ';K.C.Mem.ABir.,Iat,5R,1927,MAS5
50 "80
Bond?.— Baltimorei— ,
Oregon Short Line... (Boston) .100 281a 29
Atlanta ACharl., I8t78, 1907, JAJ| iigialt3l
K.C. St. Jo. AC. B.,78..1907, JAJS
Parkendiiirjt
7s..
1903,
JAJ
1st,
i
8.,
1900, AAOi 102 |103
{Bait.
A
Ft.
Income 6s
50
L. Rock
97H
Peun.sylvauia A N. W. {Phila. 50
49I8 Louls.,Ev.ASt.L.,lst,6g.l926,AAO Jt
108 «a Baltimore A Ohio 4g., 1933, AAO 98 100
KaleiKh A Gaston
1923.
FAA
Pitts.
Conn.,
{Bull. )100
A
g.
2in.,2-6g
i?3'^*0§
a^Maml
192o, AAO St
Btatcn Island. •Jd, 3 g. 1 926. JAJ
{Boston) .100
3
Mar. H. A Ont., 6s
J'll-fcnnl
96%
1923,JAU<|101
96
62is
lB«UAOhio8.W..l8t,4iag.l990,JAJ
6s
100
Exton.
El ;ib.i;i
103
,t Koanoiko.
!CapeF.AYad.,8er.A.,6g.l9l6, JADi 102
115
{Bait.) 100 110
Mexican CculrBl,4 e... 1911, JAJ <
l-t |)i. i.-ruDd
3g,non-cuui.
,102««
'•
S
101
Incomes,
1916.JAD
b7
8erieaB.,6g
istconsol.
,
100 125
103
"."/ttu'l
1916. JAD 101
Series C, 6 g
{Boston) 50
2d consol. incomes. ;!«, non-enm. s 21ia
821a
"
Preferred
^^
1930, MAS 100
Cent. Ohio, 4iag
50
851s 83*4 N. Y. A N.Eug., Ist, 7s, 1906, J&J A123
We.<t Jei,..ey
1905, JAJ i
ios>a
114
Charl. Col.AAug. Ist 7g.l895. JAJ 10^
(Phila.)
Istmon. 68
50 55
V«st Jer.sey A Atlnn.
l'.t>2,
FAA
102
JAJ
6s
{105
Ist
5
g..l920.
102>S
Car.
A
Nor.
30
2(1 mort.
On.
(103
50 28
wisteru Maryland..
115
105
_ _
1900. JAJ 114
North. Cent. 6s
{Bait.)
50 15i« 16isl| 2d mort., sealed, .'js I'.iii;. FAAIJ
'>1. A Auf^uiita
1105
1904,JAJ 115 lie's
6s
110
lOOi 107
Ogdeu. AL.C.,Con.(Js.l'..20.AAO§ 1
-VWeidon
1020
1926, JAJ 108 >•
Series A, 58
100 120 125
luc.69
entrul... {Boston) .100
19«2 MAN §106 110
2II4 2158 Rutland, Ist, 68
4ia»
1025,AAO 103 •-*•
Oxf.Aaark.,lnt.KU.,6 g.l937,MAN 104^ 105
60
1808, FAA §100
100
2d, 5s
Won.',-t..Na.«!i.AMoch.
|100
"
FAA
Cum..
1911,
l'J7*4
Piedm.A
l8t,5g.
100
Bonds.— Philadelihjai
SUSI KLLAMEOl'S.
111
Pitts. A Connella. I>t7s. 1898. JAJ 113>4 113>a
lAllcgheny Val..7 :i H's ls9«, JAJ 110
Allmipz Miiiinff
8I4
U/%
.'is.
117
104
MAS
(Boston)
l^t
I8t6s...l90e,
g., 1910,MAN,Z
Virginia Mid..
25
31s Atlantic City
*•
^
'iidiit,'
1011 MAS 116 117
15
16 ,BclvldereDel., l.-<t, Os.. 1902. J4D
2dBerie»,68
25
::erKR... (BalL) 23
1916,
MAS
78
3d Series, Os
80
Catawlssa, M..7m
1900, FAA 117>«
P.
'»
85
(Bosloti)
4th Scries. 3-4-5a. ....1921, MAS
60 31% 32 <4 C^lar.C•in.AChic.Iat5g,194:^a-Jl
1
ib'i%
1926, MAS 101
120
ClearaeldAJclV..lst.<M.192..JAJ,l
5th Scries. 5s
10
6
5%
"
<
100
Mining!.'!
1 i.(MM)4, MAS
(West Va. CAP. Isl, eg. 10 11, JAJ. 103
Conneeling.
10
151a 16
"
i
101%
>4
101
JAJ;
g.l914,
KleetrleU
1314
AB'dKr'k.lst,
128%
N.C.
CousoL
6
''Wcst'u
25
7.^.1905,FAA'
131s Del.
Kr;ni ,• ^Unin).'
"
UB
-,
•25
1714 17% EastonAAm. lrtt.M...-.s.l920,MAN 1111% llSHi Wilm. Col. A Aug.. 6s.. 1910, JAD 117
"
Freiic hm'u'sUayL'nd
118
mSCELLANEOU.*.
lst.6s.1010,
6
5
Elmir. AWIlm..
JAJ.I
IUir..n AtiiiiiKt
"
Baltimore—City HaU 68.1900,0-^ 117 118
25
2% Hunt. A Br'd Top, Con. 58.^95,AitOi 101
li
"
lis
1900. o-Jl 117
ifl
!!!
108
Fundlng6»
100
70
Lehigh Na v. 4 His
1914,Q-J
liuluir
"
1897, JAD 112 ;U2ia;
West Marj-rd KB. 6a..l002, JAJI 180 131
25
12M 1279 2d 68. gold
il Kiiar. 4. (T/iUa.).
MAS'
4i-;s,g.
99ia
1016,
lOOial
Ssf
Water
100 791a
Oencrnl mort.
1924,0— F
lift
1 .'-Iririil guar. 10
"
1916. MAN 124
Funding 5a
100 193
LeblKhVallcy, l.'it68...1898, JAD 114
p.icoi.i Mi iilntr
lOXU. JAJ 103% 104
Exchange 3>aa
(Boston) 25
36
1910, MAS .....131*9
37
3d 7b
l'ewal>ic .MlniiiK
1000, .1.\ I) ior\ toe
"
Chesapeake
lueak Oaa.6«'
!!!l923| JAD i27ll|
23
Conaol. 6
PuUnian Palace Cur
...1"
113%
100 190 194 North Ponn. 1st, T8....18!N), MAN xlll |lll>al|Cqn8ol.Qa«,68.
Qulncy .Mii.liii......
90 >•
5«.
1903. JAJ| l"-'4
25 105 106
Gon. M. 78
1'
Taniamek .Mii.iin.'
Lua
Ga*,
Oa
'SEqultable
•25 148
r..l»IO,
128
150
Pennsylvania gen. 68,
Var
!':<'-'.
.I.V.l
>13
89%
HWl. Vnr no
TOO
rnn.r,1. <;.,.
IVIrirlnla i8t..fei 3«. new I
I
.
.
'
I
.
1
)
1
)
.'">
i
I
. .
1
,
!
,i
'
I
.
I
.
I
'
.
I
;
'
I
.
.
.
(i.-.
'
,
'•
•*'
|
1
1
.
..
I1
uuus.cu.
iAuaacciuedlateteat,
|
last price tItUwoeki
.
THE CHRONICLE
674
P RICES
NEW YOEK STOCK EXCHANGE
m.-t
^
Wlo^ng Range
;
I
,
{ConUani-Al).- ACTIVE
l-_.
.•„
(sales) in
Om
1891.
1
I
[Vol. LH.
BO^DS ilAl
I
I
|
-r.
I,
_
AND STNOE
^^ Cio^ng
PrUt
l>
,
May 1
•Period,
75
At.Top.&S.F.-lC0-yr.,4g.l989 J & J, 8OI4
383e
50
1989: Sept.
100-year inoonicSs
11
........
68.1810
Inc..
1|JJ2
AtL & Pae.-W.U.
71
72'^b.
1937|J & J
Guaranteed, 4 K
UO^b.l
OS's
A
&
O
BrookrnElevk?<l''i8t;6Vg:i924
]
Fell.
Central Paclttc-Gold,68..1898,J
Mar.
llUlApr.
113
98
Jan.
Apr.
{>-;}y5^Mar. 108^2 Jan.
JH'eApr. 11234 Mar.
{^117% Mar.
a^ Jan. 100 "2 Feb.
95'a
97^3
& J
&
gp|Feb.
Mar.
118
123
i
1891.
1,
/'a»7^A
(sales) -•»in
k
loo
1881^
.
\
Lowest.
I
Bighest,
I
101% Jan.
IflOasb.
IO314 Mar.
& Jil26% 126 Mar. 127i4Apr,
& SilSGisb. 106 Mar. 110 Jan..
& N.lSSiab. I21I2 Feb. 123 Mar.
N.Y. Chic. <fe8t. L.— 4g...l937|A & Ol 92 b.' 91 Jan.
9513 Jan..
N. Y. Elevated— 78
1906iJ & J1II4I3 111! Jan. 115 Apr.
K.Y. Lack. & W.— 1st, 68..192i;j & J|132i2a. 127% Jan. 132 Jan.
1923:F & AilOSkb. 108 Feb. IO8I2 Feb.
Construction, 58
N.Y.L.E.iW.— Ist,cou.,7g.l920 M & S 134 b. 133 Jau. 137% Feb.
Long Dock, 78
1893 J & D 107 b. 105 Jan. 1071a Apr.
1935 A & O 117 b. 115 Jan. 118 Feb.
Consol., 6g
1969 J & 1)102
9658 Jan. 102'8 Apr.
2d consol, 6 g
N.Y. Ont. &W.— Ist, 6g..l914 M & 8111 b. 110 Mar. 1 15 Feb.
9712 Apr.
Consol. 1st, 5g
1939 J & D 95isb.i 92% Jan.
N.Y.8U8.&W.— Istref.,5g.l937 J & jj 99i2b.i 94 Jan. IOOI4 Feb,
Mldlandof N. J., 6 g.... 1910 A & O 114i2b. 112 Jan. 115>aFeb.
Jan. IOOI2 Feb.
Norf. &W.— 100-ycar, 5g.l990 J & J 92iib. 93
Nnrth.Pac— lst,coup.,6g.l921 J & j1i16% 113 Jhd. I1718 Apr.
General, 2d, coup., 6 g..l933'A & 0,111 b. llQig Jan, I1414 .Mar.
107i2Jan. I1314 Feb.
General, 3d. coup., 6 g.. 19371 J & D llOia
1989 J & D 8312
8058 Apr.
Consol. mort,, 5 g
SS'e Jan.
North. Pac. &Mon.—6g...l938IM & 8 1031s
103 Apr. 109 Feb.
a. 105
North. Pac. Ter. Co.— 6g..l933iJ & J
, 109
Jan. 1 10 Mar.
I
'8'S?^a:l'9i>«^;in:
115 Jan.
Centralof N:j."-^on8.;78:i89Sil Q-J^ 115 b.
Jan.
Consol., 7b
l»25^'f
'Jiif
hid?
Jan,
General mortgage, 5 S--1987 J
IWJ?,- }^l Feb.
Am:DrkVlmp?58-.-.-.-. 921|J
N.Y. Central— Extend., 58.1893
Ist, coupon, 7s
1903 J
Deben., os.coup., 1884.. 1904|M
N.T. & Harlem— 78, reg...l900;M
I
%ir''-.\'.'.*!""::.'^l9VlMl
&J
M &N
Mar. 8OI2 Apr.
Mar. 53 Jan.
14 Jan.
Mar.
75 Jan.
Mar.
112i4Jan.
Apr. 112%^
"'
JAX.
OnMAO
Rangt
ni/ti^lin
1
I
107
Jm
1939:M&Ni
lstcon801.,5g
E.&A. Div.,l8tcon..4g.l989'J & ''„-^;--69i8
67 Jan.
711a Feb.
l8tcon.,2-4g.l989 J & J
do
73 Feb.
2dcon.,4g...l989|J <fe J, <0 b. 68 Jan.
do
1
104
Jan.
12
Apr.
IO512
1911IF & A
Ches.O.&8o.W.-6g
121i« Jan. 123 Jan.
Jjl23
J
&
&Q.-Con.,78.1903
Cbic. Burl.
98I4 Jan. IO2I2 Apr.
Debenture,58
SS^!?
1913;S?
Feb.
95 Jau.
1 & Aj 88iab. 88
1922
Denver Division, 48
b. Ill
Mar.
88% Jan. Ohio&Mis.s.— Cons. 8.f.,78. 1898 J
J, 111
841a Mar.
Nebraska Ext<"nRion, 48.1927 M & N 85 a. 113
Jill b.'lll Mi.r.
Jan.
1898 J
Apr.
Consol., 78
d:ii5
b.
&
J
1155s
I8t,8.f.,68.1907
Chio. & E. 111.—
108
liaiaApr.
121
g...l921
a.;l03iaJan.
0*122
Jan.
Ohio
Southern—
J
<St
D
1st.
6
a.'
1934 A &
Con80l.,6g
57 b. 55 Jan.
1921
General mort., 4g
General consol. 1st, 59. .1937 M & Nj*99 a. 95 Jan. 100 Apr.
5712b. 53
Omaha & St. Louis— 4 g ..1937 J
Jan.
92 b. S313 Jan.
921a Apr.
Chic.GaeL. <&C.— I8t,5g.l937 J & J
viion
jll24
125i2Feb.
Jll24
120
Jan.
1910
90 Jan.
Oregon
Imp.
Co.—
J
&
D
b.
Ist,
6
g.
1003e
J
&
Cbic.Mil.&8t.P.-Con.78.1905
112i4Apr.
110
Jau.
Oi
Apr.
CousoL,
1939
A
66
5 g
&
681a
Ist, Southwest Div., 68. 19091 J & J|11J. ^.
Ore.E.&Nav.Co.- I8t,6g.l909 J & JJ109 a.ll07i2Jan.
Istlso.Min. IMt., 68....1910 J & J|11238b jllO Jan. 114 Feb.
&D|*92i2a.]
104
Jan.
107
Consol..
1925
92
Jan.
Apr.
J
J 106%
5g
l8t,Ch.&Pac W.Div., 58.1921 J
Jau.
Pa. Co.—4i2g., coupon. ...1921[J & J;105 b.'l04iaMar.
J 96»2b. 94i2Apr.
Chic. &Mo.Riv.Div., 58.1926 J
'112
Jan.
a.'lOO
!103
Jan,
Peo. Dec. & Evansv.- 6 g. 1920| J
Jan.
J,
Wis. & Minn. Div., 5 g..l921:J & J lOl'sb.llOl
Evansville Div., 6 g....l920|M & S*102 a. 95 Jin,
1914!J & J' 10314b. 100 Mar. 103% Apr.
Terminal, 5 g
1926 M & n1 71%b. 66 Jau.
2d mort., 5g
Gen. M., 4g., Beriee A...1989 J & J *84%b. 841a Mar. 87 Feb.
Peoria&East.—Cons., 48.1940 A & O: .O's
75 Apr.
Milw.i North.— M.L., 6s. 1910 J & D 112 b. 107 1« Jan. 112 Feb.
107 Jan. 112 Apr.
Income, 48
1990 AprlL 18 b. 18 J^u.
19^3 J & „Dlia
l8t, con., 68
,,„„
79'8
136%
Feb.
139%
PhUa.
g.l958
137
a.
Apr.
&
Read.—
4
J
&
Q-F
Gen.,
J
77''a Mar.
.1915
W.—
Consol.,
78.
CMC. &N.
55
4713 Mar.
Ist pref. income, 5 g
1958 Feb.
1902 J & D 125isb. 125 Jan. 127% Feb.
Coupon, gold, 78
38I4
32 Mar.
114ifl
May
115
2d
pref.
income,
1958
Feb.
Feb.
5
A
O
1141s
&
1929
g
Sinking fund, 68
29%
2514 Mar.
1 958
Feb.
3d pref. income, 5 g
1929'A & O lOeJab. 105 Jan. 108 14 Feb.
Sinking fund, 58
IO6I3
b.
79
Jan.
109
Pittsburg
19
lOS^sb.
&
Western—
17
J
&
J
Feb
4
751a Jan.
N
g.
58.1933
Sinking (und deben.,
&N*,106isa. 1041a Jan. 105% Apr.
Klch &I)anv.— Con.,6g;.1915 J
J 117i2a.'115 Jan.
26-year debenture, 5. ...1909
0,*80 b.| 86 Apr.
Consol,, 5 e
1936 A
1926 F & A| 94isb. 9412 Apr. 100 Jan.
Extension, 48
96 Apr.
Chic.Pco.&StLouls— 5g.l928M & 8*97 b. 95 Apr. IOOI2 Jan. ]Eich.&W.P.rer.-Triist,6g.l897iF & Aj 96
8' 68''aa.' 67
124
Jan.
I2714
Apr.
126
a.
Con
lst&coLtru8t,5g.l914M
&
it
Feb.
6s,coup.l917|J
J,
Chie.R.I.&Pac—
95 14 Mar. 991a Jan. iKloG. Western— ist, 4 g.. 1939 J & J| 7714
74 Jau.
Extensiont.ndcol.,58..:1934 J & J' ^7
0*102
100
0,109
b.'lOS
Jan
b.
Feb.
101
,E.W.&Ogd.—
.1922
A
&
Mar.
Con.
A
&
,5s.:.
Chic.8t.L.&Pitt.-Con.,5g.l932
116 Jan. 119 Jan.
6t. Jo. & Gr. Island— 6 g. .1925
& n| 83 b. 8218 Mar.
Chic. St. P. M.&O.—68.... 1930' J & DllS
90i2
'109
91i2b.
b.
Apr.
Alt.
110
Jan.
'8t.
L.
&
T.
H.—
78.1894
J
&
J
19171
861a
Feb.
Ist,
J
&
J
Cleveland & Canton— 5g..
-b. I04I2 Feb.
Jan. 132 J'eb.
2d pref., 78
1894 F
A 1105
C. C. C. & I.— Consol., 7 g.l914' J & D *129 b. 129
82
a.
117
Jan.
120
Jan.
121
St.L.
Ark.&Tex.—
78%
Mar.
l8t,68,
rec.
1934;J
&
J
t'st.
b-l
General consol., 6 g
17i4Mar.
18%
2d, 68, 1936, tr. rec.allass.pd,
1900 F & A!104 b. 102 Jan. 106 Jau.
Col. Coal & Iron—6 g
102i2b.'l01is.
a.
67
62
Apr.
&IronMt.—
Feb.
F
&
71
Bt.L.
A
1940
Jan.
l8t7s...l892|F
&
a1
Col. Midland— Con., 4 g...
2d,7g
1897M & N 10412b. 105 Jar.
86 Jau.
Col.H.Val.&Tol.— Con.,5g.l93i;M & 8' 31»8b. 791a Api.
IO714
b.
84
86
Jan.
Cairo
Ark.
1103%
Jau.
1904
J
t>\
87
&
Texas,
1897
<fe
D
&
Feb.
7
J
General, 6g
g.
Gen. R'y Aland gr.,5g.. 1931 A & O 86 b. 39 Apr.
Denver & Rio G.— 1st, 7 g.l900iM & N|115 b. 116 Jan. 1191a Feb.
1936J & J\ 82i<b. 79 Jan. 83 Fell. 8t.L. & Sau Fr.— 6 g., CI. A. 1900 M & N lllia 110 Jan.
l8tconsol.,4g
110 May
6 g., tlassB
1906
N Ill
Det.B. City* Alpena— 6 g. 19131 J & J|*93 a. 91 Jan.
961s Feb.
6 g.. Class C
Det.Mac.&M.— L'dgrant8.1911iA & O, SOiab. 291s Jan. 32i4Feb.
1906|M & N 110 b.'lll Jau.
IO6I4 [104 Apr.
95 Jan. 100 Jan.
General mort., 6 g
193llj
Dul. &Iron Range— 58.... 19371 A & O 99
113iab.'lI5
S.P.M.&M.— Dak. Ex., 6g.l910lM
Jai
Dul. 80. 8h. & Atl.— 5 g.
1937 J & J 97iab. 95 Jan.
99 Feb.
114iiib.ill4
Mar.
E.Tenn.V &G.— Con.,'5g.l95t) M & n! 99iab. 101 Jau. 104 Jan.
1st consol., 6g
1933 J
108
103i4Jan.
101
a.
Knoxville&Ohio, 6g..'.192.5M & J
10916 Apr.
do
reduced to 41a g... J
100 Mai.
80 '«b. 80 Jan.
Apr.
Montana Extension, 4 g.l937 J
Eliz. Lex. &BigSan.— Ug.l902M & 8 90 b. 88
95 Jan.
*75 a. 62 Jan.
Ft. W. &Deuv. City— 6g..l921jJ & D 103iab. 99'8 Jan. 105
8anA.& Arau.P.— I8t,6g.l910 J
Jau.
*69 a. 62 Jan
Gal.H.&8anAn.-W.Div.lst,5g.'M & Nl 92ia
iBt, 6 g
921s May
95 Apr.
1926 J
11312a.
1
6S.1911IM
10
Mar.
133 b. 126% Jan.
8heu.Val.-lst, 7 g., tr. rec.1909
Han. &St.Jo8.— Cons.,
& 8,
117 Jau.
54 b.] 6II4 Jan.
1952 A & O 94%b. 94 Apr. 97 Mar.
lUinois Central—4 g
Gen'l 6g., Tr. rec. aS8't'd.l921
b.
114
HI
&N
Jan. 115 Jan.
107
Int. & Gt, No.— l8t, 6 g....l919
103 Jan.
80. Car. —1st, 6 g.,ex coup. 1920
Coupon, 6 g., trust reel 909
22
& 8: 70 b. 68 Mar. 76 Jan.
Income, 6s
13 Jan.
1931
Iowa Central— ist, 5 g
1938 J & D 87
80% Feb. 87 May Bo. Pac, Ariz.— 6 g
1909-10|J & J 103 b.'lOlisFeb.
KentnckyCeutral—4g....l987lJ & J 82 a. 7812 Jan. 8212 Jan.
So. PaciUc, Cal.— 6 g
1905-12]A & O 109i4b.'l09ia Apr.
KingsCo. El.— Ist, 5 g....l925 J & J 100 b. 971s Apr. IOOI4 Jan.
1st, conwl., gold, 5 g
1938 A & O 99i2b.l 99 Jan.
Laclede Gas— l8t, 5 g
77%
19191 Q— F
77 Mar. 8212 Jan.
80. Pacilie, N. M.— 6g
1911 J & J 103 b.'l02i4Jat.
b.
LakeErie&West.- 5g....:937 J & J 109
1051a Jan. 1097s Jan.
Tenu.C.I. &Ry.— Teu.D.,lst,6g A & O 88 b. 86 Jan.
L. Shore—Con. cp., Ist, 78. 1900' J & J!l21isa. 12012
_,.
Jau. 122% Jan.
Birm.Dlv.. 6g
93 Jan.
1917lJ & J
Consol. coup., 2d, 78
1903 J it D 121ii>b. 122 Mar. 124 Jau.
Tex. & Pac— Ist, 5 g
2000'J & D 90 14
85>s Jan.
Longlsl'd- l8t, con., 5g..l931! Q—J I'llS b.]ilo% Jan. 1 151a Mar.
2914 Mar.
2d, income. 5 g
2000 March. 31 14
General mortgage, 4 g..l938 J '& D| 9214
90 Jan.
9213b. 93
92i2Jaii.
Jau.
ToL A. A. & N. M.— 6 g
1924IM
Louis. & Nash.- Cons., 78.1898 A & O lll»8b.llliaApr. 11558 Mar.
Tol.A.A. &Gr.Tr.— 6g....l92llj & J *108 b. 104 Jau.
N.O. &Mob. 1st, 6g
1930 J & jlll8 a.lil4 Jan. 118 Feb.
1935IJ & J 105 b. 10268 Jan.
Tol. & Ohio Cent.— 5 g
do.
2d, 6g
1930 J & J 111 a.ii06 Mar. 108 Feb.
Tol. Peo. & West.- 4g
1917iJ & 3 73%b. 74 Jan.
E. H. AN. 1st, 6g
1919 J & D112 b.illisMar. II314 Apr. Tol. St. L. c& Kan.
82 Apr.
6 g.. 1916 J & D 87'a
Geueral,6g
1930 J & D114i2b.!il3 Feb. II414 Apr.
Cnion Pacitlc— 6 g
1899 J & J 112 b. 112% Apr.
Collateral trust, 5 g
N'lOOiaa.llOl Jau. 1031s Feb.
1931
Sinking fund. 8a
1893
& 8 108 b. 107 Mar.
Louis. N.A. &Ch.— Ist, 68.1910 J & Jllio a. 101
Mar. Ill Jan.
1918lM & N 7014b. 69 Feb.
CoUat. trust 4I2
Con.'-ol.,6 g
1916 A & O 95
84 Mar. 98 Apr.
KansasPaciflc— Ist, 6g..l895'F
107
108 Mar.
Louis. St L. &Texa8—6g.l917 F & A*84iab. 78 Jan.
88 Jan.
lst,6g
1896 J & D 10914b. 108 Mar.
Metro. Elevated— I8t, 6 g. 1908 J & J'114 b.llllOBJun. 115 Feb.
DeuverDiv.— 6 g
1899'M& N 109 12 IO912 May
N!]05i4b.]l04 Jan. 108 Apr.
2d, 68
1899
l8tcoiiaol.,6g
1919
& N 107% 107% May
Mich. Cent.— Ist.con., 7s.. I902IM &
912b. 122
Jan. 1241a Apr.
Oregon Short Line— 6 g.. 1922' F
102% 100 Mar.
Consol., 58
1902;M & N *107 b. 107 Mar. 108 Feb.
Or.S.L.AUt'hN.— Cou.5g.l919 A & O 79 12
73 Mar.
Mil.LakeSh.&W.- l8t,6g.l921 M
122 b.lll8%Jau. 127 Apr.
U.P.]>eu.<tGulf con. 5g.l939iJ & D 79 '4
78 Jar.
Exten. & Imp., 5 g
1929'F & A 99
98 Jan. lOl^e Jan.
Union Elevated- 6 g
1937:M & N 107'8 106 Jan.
M. K. «fcT.— Ist 48, g
1990'J & D 78
74% Jau. 7918 Feb. Virginia Mid.— Gen. m., 53, 1936 M & N 83 lab. 81 Jan.
2d 4B,g
1990'F & A 4314
3612 Jan.
do
stamped guar.
& N 84 b.l 83 Jan.
441a Jan.
Mo. Paclflc— I8t, con.,6g.l920,M & N 107 b, 105 14 Jan. Ill
Mar. Wabash— iBt, 5 g
98 Jap.
1939
&. N 9914
3d,78
1906 M & N 113 b.!ll5 Jan. 116 Apr.
mortgage, 5 g
2d
1939. F & A 74 b. 70 Feb.
Pac.of Mo.— l8t,ex.,4g.l938 F & Ai*97
96 Apr. 100 Jau.
Debent.M., series B
1939 J & J 34 b. 30 Feb.
2dmort.,78
189l'j & J 10214b, 99 la Jan. IO214 Apr.
WestShore— Guar.. 48
2361 J & J 102% 100 Jan.
Mobile & Ohio— New,6g..l9271J & D 11714a. 112 Jan. II713 Apr.
WestN. Y. &Pa.-let, 5g.l937 J & J 99%b. 96 Jan.
General mortgage, 48... 1938 |M & 8' 65''e
63 Jau.
70 Feb.
mort.,
580
2d
1927 A & O 3258
3g.,
301s Jan.
Mutual UnlouTcl. 6 g... .1911 M & N 103 b. 102 Jan. 10518 Feb. West.
Un. Tel.— Col. tr., 53. 1938 J & J 99%
98 Jan.
Nash. Ch. &8t.L.— 1st, 78.1913 J & j!l26i8b. 125 Jau. 126%
Apr.
Co.—
Wi8.Cent.
Ist. 5g
1937 J A J 85 b. 93 Mar.
Con.. 5 g
1928' a & O 106 a. 104^8 Apr. 107>8Mar,
Income, 5 g
1937
40 %1). 341a Jbs.
JfOTE— "b" Indicates price fcid,
a" price asked the Range is made up from actual sales ooly.
* Latest price this week.
*?
M &N
112
Feb.
111% Jan
110
63
.Mar.-
Feb.
581s Jan..
I0312 Feb..
74 Feb.
1091a Feb.
100%
Mat..
106
105
103
Jan.
,
I
I
.
1V» Apr.
M&
80
22
Jan..
82
58
Feb.
Jan.
SS'^e
May
30
Jan.
77%
t
114
M
107
85
21
105
.
961a Jan.
90i2Apr.
35 14 Jan.
9912 Feb.
Apr.
1071a Jan.
108
77 Jan.
91 Jiin.
114 18 Mar.
C—
M
&A
111%
Feb.
74
Apr.
Jan.
111
109
Ill I4
IIII2
106 1«
&A
&S
1
M
M
—
May
133i8Arr.
6II4 Jan.
107 Febt
27 Apr.
103 14 Jan.
114 Mar.
101% Mar.
104 Apr.
94 Jan.
&N
NU
Jan.
93% Jau.
|
M
Apr.
Jan.
1121, Apr.
II3I2 Apr.
1 14
Apr.
110 Jan.
lis Jan.
117 Feb.
1021a Feb.
87 Jan.
74 Feb.
73 12 Feb.
M
M
M&
Jan.
108% Apr.
IO714
.
M&
Mar.
110% Mar.
1
I
Feb.
92i« Jan.
I
. . .
Feb.
81 Feb.
118 Jan.
91i2Jan.
10012 Jan.
75 Feb.
M
M&
&J
&N
Mar.
Feb.
Mar.
Mar.
Apr.
80%
Jan.
Feb.
82
Jiin.
Apr.
1 1
89 12 Feb.
90
Feb.
102
B'eb.
.Tan.
7712
35 >2 Apr.
103 Jan.
101 Feb.
35^8 Feb.
I
1100% Apr,
97 Jan..
45 JUU
I
I
;
NEW YORK STOCK EXCHANGE
SECURITIES.
Bid.
Ask.
Railroad Bondg.
(Block Exchange Prices.)
Alabama Mid. —Ist, g., 68
1928
Atlantic & Dan> .—Ist g., 6b. .1917
Atl. 4 Pac— 2d W. D., gu. 66, 1907
Bait. & Ohio— lsv,68, Park B.1919 *il2
SECURITIES.
Bid.
B.&a8.W.,l8t,g.,4i2S... 1990 96
Mon. Rlv., 1st g., g. 5a
1919
oeni'l Ohio Reor.— ist, 4138. 1930
Boat. H. Tun. & W.— Deb. 58 1913
99'8
Brooklyn Elevated— 2d, 3-58. 1915
87
Bufl. Roch. & Pitta.— Gen., 58, 1937
951a
Roch. & Pitt«.-]at, 6s
1921 120
- fo ^Con8o;idat'dl8t,B3. 1922 114
Burl Ced. Rap. & No.— ist, 58. 1906
9t)i2
Consol. & col lat. trust, 58. 1934
80
'
90
.
115
gold
1925 *1 03 105
^Cons. mort., goU. 58.
19881*107
* No price Fviriay; tb«-8r are the uiest qiioialioi^^
5b,
PRICES-<Continued).-JJVACr7FE
'
.
uiiifi
Oiv.
'\.
BONDS-MAY
1
SECURITIES.
Ask.
Bid.
Rap.&No.— (Coutiu'd)—
Minn. & St. L.— Ist, 78, gu..l927
1121s
Iowa
100
Ask.
Burl. Ced.
102
100
90
116
98
85
C.
& West.— l8t, 7b ... 1909
I. F. & N., Ist, 6s.l920
Ced. Rap.
iBt, 59
.
100 >ft
87
1921
C.Ohio— Col. &Cin.M.lBt,4i28.1939
Oent. RK. &. Bank.— Col. g.5s.l937
Chat. Rome& Col.— Gtd.g.Ss. 1937
93
Sav.iSiWesi.— I8toou.gta.5^.1929
>nt,. of N. J.— Conv. deb., 6s. 19081*1 16
83
61
Mat
!
THE CHBOKIGLE
8. 1891.)
NEW YORK STOCK EXCHANGE
PECURITIES.
Bid.
Bid.
Worth AR. O.— 1st g.,5«..10i8
I'^al. Har. A Han Ant. -ut,6«. 1910
Gal. H. AH. A.— '.'d niorl., 7b. .1905
iPt.
1800 109
18U7| 110
ii»
<1»
lOOOi* 107 >s
Bun JoiKinln Ilr., Os
Cal. * Oiciron— 8or. B. 68... 1802
676
PRtCKS.-JiV/iCrJVig BONDS-fContinuedJ-MAY 1.
BECURITIEB,
Ask.
107is
Oenlral Piiildo-Oold bdn.Bii, 1805
OoUllM.iicl».
C)oiaiM.n.l«,
Aak.
BRCVBITtES,
7av
103
OS*
West. DIv., 2(1 (Is
1031
jOa. (?o. A Kla.— l«l, g. 6s
1927
iGrand Ran. A Ind.— Oen. 5«..1024
lOMOl
Mort. (.'"1(1 5s
9B>s Green B. W. A8t. P.- Ist 6b .1811
1000
I.«ii(l Kiunt, 5b. K
2d Income, nil subs, jiald
West. I'lirlllc— Il<)iul.«,ti9....l-^1IO|*108'« 100>«
25
Housatonic- Cons, goiil 58....I9S7 loa
No. Riillwiiy (C'«l.) — LxtiOslOO?
00
N. Haven A Derby, Cons. 5*.. 1018
lilll-^
SO.yciir ,")»
112
iBoUB. AT. C.-Wneo A N. 7a.. 1008 110
OhM. & O.-IMir. M. tuml. t!s Is'iH
114>9
Istg.. 6a (int. gtd.
1!M18
6r. KOld, 8t>i-I<M< A
1037
77
Cons, g. Oa (Int. kU\)
Chen. <5. & So. West.— 2d, (is. 101
1012 09
Gen. g. 4a.(int. Kid)
1803 10M>B 105^8
63 >t
Oblcain)iV Alton— l«t,7»
1021
Debent. 68, prin. A int. gtd.1897
1003 119
Slnkiuit fund, 68
Lonls. A Mo. River- Ist, 7».1000i*116i4
Debent. 48, prin. A int gt<1.1897
itlllnols Centriil— 1st, g., 4a . .1951 •103
2d, 7s
1000
iBt, gold, 3138
et. I,. Jacks. A Chic— l»t,78.1894 *106
1951
1804*106
Sprlngf. DIv.— Conp.,«B....180« *108is
1st, Kuar. (56-1), 78
Allddle DIv.-Rcg., ,5s
Mlss.K. BHdSB—lat, 8. f., 68.1912 104
1021 •H2is
Ohlc. Burl. A Nor.— Dob. 68... 1806 101
0. St. L. AN. O.-Ten. I.,7a.l897 107
Ohic. Burliu);. A Q.—68,8. f..l001 102
lat, (Moaol., 78
1021s
18»7 107
Iowa Dir.—Sink, fund, 58.. 1010 102l>8 104
2d, 6b
1907
filnkiuK fund,48
1010 00
Gold, 5s, coupon
1981 *! Ids
!
.
I
.
.11
102
100
64 If
DIv., Istg. 48
1981
Dub. A 8. C.-2d Div., 78... 1804
071s
00i«
120
Ced. Falls A Mlnn.-lst. 78.. 1907
113
117
Ind. D. A 8pr.— Ist 7s, ex. cp.l906 "lOiis
122i« 124
Ind. Dec. A West.- M. 5s .... 1047
113
2d M.. inc. 5s, l,r st rco
1948
114
Inter. A Gt. Nor.—Coup. (is. ..1900 * 70
116
Kanawha A Mich.— Jlort. 4a. 1900 73ia
1002
A M.,78
A D.,78
CMoaKo A Pacino
124
124
101
126
119"«
'
Div., 68..1910
08
1191s
Miieral Point DIv. 5s
1910 101
101
AL. Sup. Div., 58
1921
Fargo A .South., 68, A88U...1024 110 116
Inc. con V. sink, fund, 59
1916
"oeis
Dakota A Ut. South., 5a.... 191
C.
OhlO.AN.W.— E8c.AL.8.l6t,69.1901 106
DesM. A Minn.— Ist, 79.... 1907 121
Iowa Midland— l8t, 8s
1900
Peninsula— Ist, conv., 7s... 1898 115
Chic.
A MUwaukee— I8t,7s.l898
104
93>s
1041s
lC4is
76
10^0,
1024*103
1037*104
1040*
gold, 68
50 year
5s, g.,
Unified, gold, 48
Pens. A At.- lat, 6s, gold. ..1021 101
Nash. Flor. A 8. lat gu. 58.,1037
Lou.N.Alb.ACh.— Gen.m.g.58.1940 79
Ohlc. St. P. A Minn.— Ist, 68. ..1918
123
86
Lou. N. O. A Tex.— 1st, 48.... 1934
St. Paul AS.
1st, 68
1919 lie 120>a
1934
2d mort., .59
Ohio. A W. Ind.— 1st, s. f., 69.1919
Manhattan Ry.— (Jons. 48
1900
General mortgage, Os
115
1932
MemphisACharl.—6s, gold.. 1024 103
Oln Ham. A D.— Con. 8. f., s.1905 121's
1«15 "120
Ist con. Tenn lien. 7s
2d, gold, 413S
1937
Mexican National—lst,g., 6a. 1927 95
Oln. I. St. L.A Chic— lst,g.,48.1936
04
1017 40is
2d, Income, 6s, "A"
Consol., 68
1017
1 020
2d, income, 6s, "B"
Ota. Jack. A Mac— 1st, g., 59.1936
1000
Michigan Central-6s
Clev. Ak. A Col.- Eq. A 2d 68. 1930
1031 110
95
08
Coupon, 5s
aO.C. A St. L., Cairo div.-4s, 1 939
1040
88
Mortgage 4s
Cln.8an.ACl —Con.lst.g.Ss, 1928
1801 *i'o6ia
Jack. I.an. A Sag.—6s
St.I»u.Div — lstcol.ts'tl8,g.l940
83
85
Mil. L. S. AW.— (;onv. deb., 68. 1007 * 08
Spring. ACol. Div.- l.st,g.48. 1940
1024
Mich. Div., Ist, 68
WhlteW.Val.Div.— l8t,g.48. 1040
Ashland Division— lat, 68 .1025;;il4is
"100
Ol.Col. an. A Ind.— 1st, 7s,s.M890
Incomes
Consol. sink, fund, 78
1927 108
1014
Mlnn.&8t. L.— Ist.g. 7s
Cleve. A Mah. V.— Gold, 59... 1038 •110
1000
Iowa Ext-nsion, lat, 7s
Colonulo Midland— Ist, g., 68.1036
50
1801
2d mortg., 78
Columbia A Green.— 1st, 69. .. 1916 102 110
1010
Southwest Ext.— 1st, 78
2d, 68
00
1021
Pacific Ext.— 1st, 6e
1926
Del. Lack. A W.—Convert. 78,1892 id4<4
1022
Impr. A equipment, 68
Mortgage 7s
Minn. A Pac— 1st mortg., 58.1036
1907 •129
8vra. Bing. A N. Y.— 1st, 7s.l90e 127
Minn.S.Ste.M. AAtl.— l9t.58.1926
131
Morris A Essex— 1st, 7s
Mlnn.St.P.AS.S.M- l8tc.g.48.1938
1914 139>s 141
2d, 78
1891 102 102 >4 Mo.K.AT.— K.C.AP., I8t,48,g.l990 73
Bonds, 78
120
Missouri Pacific- Trust 58. ..19171
1900
78 of 1871
1920 83i«
lBtooU.,58, g
1001 120
Ist, con., guar., 78
1915 136 138
St.L.AI. M.-Ark.Br.,l9t. 78.18951 106
Del. A Hud. Can.— Ist, ex. 78.1891 101
101 >s iMobile A Ohio- Istext., 68...1927|
Coupon, 78
80
1931
1804 108=8 10878
Bt. L. A Cairo-4s, guar
Pa. Div., coup., 78
1017 *138 1431s Morgan's La. AT.— lat, 68.... 1920 110%
Albany A Susq.- Ist, gu.,78.1906
1918 1171s
130
laf,78
l8t, c^ms., guar., 68
1906 1171a 121
Nash. Chat. A St. L.— 2d, 6s. 1901 WJH
Kens. A 8ar.— Ist, coup., 78.1921
New Orleans A Gulf— lat, 68 .19261
Denver City Cable— Ist, 68... 1908 00 102
N. O. A. No. E.— Pr. I., g., 68..1915'
Denv. A R. G.— Inip.,g., 5s. ..1928
1005
82
84 N. Y. Cent.— Deb. g. 48
E. Tcnn. Va. A Ga.— Ist, 78... 1900
N. J. June— Guar. 1st, 4a.. .1986 100
1151s
Divisional 5s
Beech Crcek—lst,gold, 48. .1936
1930 106
l8t ext.. gold, 58
N.Y.N. U. AH.— Ist, reg. 48.19031
1937
85
Kq.Alnip.,g.,58
1938
N. Y. A Northern- Ist, g.. 58.1027 105%
85
Mobile A Birm.— Ist, g.,58..1937
1027; 53
2d, 4s
85 100
Alabama Central— Ist 6s. ..1918
116
N. Y. Susq. A West— 2d, 4>38.ie37. 74
Erie— iBt, extended, 78
1040 82
1897 113 116
Gen. mort., 58. g
2d, extended, 5s
1919 114
North'n PaeiMc— DIvld'daoripext. *103
3d, extended, 4>fl8
1023 IO6I9 112
James River Val.— Ist. Ss. .1036 * 104
4th, extended, 58
1036 100
10201*111
113
Spokane A Pal.— let, Oa
Btti, extended, 48
1028' 101>s 102
Sf.Paul A N. P.— Oen., 6s. .1023
C—
.
.
lat, oons., fd. coup.,
10301*
78
Beorg., Ist lien, 68
1908*108
1016
A W.-Col. tr.,68. 1922
Funded coup., 58
1960* 80
Iccome, 63
1077*
AE.— Ist,
B.N.
Y.
K. Y. L. E.
1311s
109
78
A 8. W.— Mortg. 6s.... loosi-ioi
Jefferson— Ist, gu. g. 58
lOOOi*
;
Chicago A Erie, Ist, g.,4-59. IO82! 85
Inoouio, 58
19821* 27 \
75
Buff.
H.Y.L.E.AW.CoalARR.— 68. 1922'
JtTKDS.
AT.H,— l5t,CGn5.,ull.. 1021: 110
Ut. Vernon— 1st 6e
l!>23 100
Erans. A Indian.— Ist, oons. .1026
Flint
A P. Marq.— Mort., 68. 1920 118
. .
Istoun. gold, 5b
Port Huron— I st, 58
Fla. Ccn. A Pen.— I"i f.
*
Ku
1939 100
1930
.>>«.
.
I'll"
102%
86
291s
iVo'e
2(1
mortg.. 4isB
1921
Pitta. Palnav.
A P.— Ist,
oo'
60
•
118
97
..1916
.58.
A Ariz. Cent, lat, 6s,g. 1016
2d income, 6b.
..1016
Bicb. A Dan v.— Debenture 6a. 192?
Equip. M. a. f., g., 6b
1000
Atl. A Char.— lat, pref., 7a. J 897
do.
Income, 68
1900
RloGr. Junet.,lat.guar.,g.,5s.l938
Rome Wat. A Og.— lat M-. 7b. 1891
Bt. Job. A Gr. is.— 2d Inc
1925
Kan. C. A Omaha-lBt, 58.. 1927
Bt. L. A. A T.H— 2d m. lnc.78. 1804
.1804
Dividend bonds
Bollev. A 80. lU.— iBt, 8a...i806
1023
Bellev. A Car.— 1st, 6s
Chi.8t.L.APad.— I8t,gd.g.58l017
St. Louis 80.— Ist, gd. g. 4a. 1031
do
2d income ,5b .1031
Presc't
93
*"
100^
101
.
74
117
109 14
104
100
100
1031s 104
*
*
20
63
26
75
104 ••
.....
*110
•101
88
108
80
*
•-
AShawt.— iBtg. 4a....l032 • 80
Loa. A S.Fran.—Equip., 7b,1806 *100
1931
96
General 88
1087
1st, tru8t, gold, 58
Kan. City A S.-lst, 68, g. .1016
Ft. S. A V. B.Bg.— Ist, 68. ..1910
St. Paul A Diiluth— l8t,58....193] •105
1017 102
2d mortgage 58
St, Paul Minn A M.— Ist, 7a. .1009
Car.
1181s
St.
43
87
.
1000
2d mort., 68
Minneap. Union— l8t, 6e....ie22
Mont. Cen.— Ist, guar., 6a. .1037
105
East. Minn., lat div. lat 58.1008
8II3 San Fran. A N. P.— 1st, g., 58.1010
Shenandoah Valley— Inc., 6s. 1023
Sodus Bay A So.— lat, 5s, g. 1024
1931
82
South Carollna-2d, 6e
80. Pac Coast— let, guar., 4s. 1037
Texas Central— Ist, s. t., 7a. 1900
1911
Ist mortgage, 78
Texas A Ne w Orleans— 1 8t,78. 1905
1912
Sabine Division, Ist, 68
00
Tex. A Pac, E. Div.— 1st, 68.1905
1161s
*110
•112
'
Third Avenue (N.Y).— Ist 58, 193
191
Tol. A.A.ACad.— 68
1919
Tol. A. A. A Mt. PI.—68
14
A
A.
45.
•110
116
111
Ul«»
821s 83
85
1081s 110
100 Is Union Pacific— 1st, 6b
118
118
1031s
100%
111
'100
80
'
....•
81
Valley R'y Co. of O.—Con. 6a. 1921
Wabash- Deb. M.. series "A". 1039
1 898 >110
No. Missouri— 1 at, 78
I
8t.L.K.C.4N.— R.E.ABR,78.189S '1051s
10»
StCh arles Br'ge— 1 8t,6B. . 1908
West. Va. C. A Pitts.— l8t, 68.1911 100
Whecl.ALE.— 1st. 58, gold. ..1926 104 107
I
108%
.
113
1930
Almp. g., 5b.
.niaeellaiieoaa Bon«U
.1907
Works—
lat
6a.
Amer. Water
1007
let cons. 58, g
c:ahaba Coal Jlln.— lat g. 78.. 1007 108
94
Chlc.Jun.A8.Yd8.-Col.t.g,8a,1016
97
Col. A Hoek. Coal A I.—6B,g..l017
Consol'u Coal—Con vert. 6b... 1897
Extcn.-ion
107 >e
I
100 Is
-••••
74
1008 100
Utah A North.— 1st, 78.
1926
Gold.58
Utah Southern-Gen., 78 ..1000 104
1000
101
78
Exten., Ist,
58
04
111>»
. .
Oreg.S.L.AU.N., col. trst. ,58.1010
731s
118
45
AN. M.— 5a,g.
1940
1896
1897
1st, 68
1898
1st, 68
1908
68
Trust,
Collateral
1007
Collateral Trust, 58
1805
C. Br. U. P.— F. c.,78
Atch. Col. A Pac— lat. 68... 1905
1905
W.—
l8t,
6s.
Atch. J. Co. A
U.P. Lin. A O)!.- lat.g.,58. 1918
Tol.
104
114
"so"
93
. .
44
96>»
100
97
.
.
97
10»
lis
>
^^
108
Chicago— lat
1936 83
guar. 5a
99 100
Edl.Hon Elec. 111. Co.— lat, 58.1010
55
1006
Ikiultabie G. A F.— lat 6b
100
85
Heuderson Bridge— lat g. 68.1031 105
1901
Iron Steamboat Co.—6a
Met. Tel. ATel.— l8t.8.f.g.68..1918
100
Nation'! Staroh Mfg.— lBt.6ii,1920
10s
102
80
N. Y. A Perry C * I.-lBt, g. 68,19'.M)
HelenaARedM'n— l8t,g.,68.1037
i'06' Norlliweatem Telegraph—7^ 1904 1031s ......
People's Qaa* Coke > l8tg.68,1904
..-•«»
DuluthAMiinltolia— l»t,g.68l036 1051s 107
$ ad g. 68,1904
Co.. Chicago
Dul.AMan Dak.Dlv.— I9ttia.l037l ' lOSH 107
1019 100 ....•»
CoBurd'Alene— ist, 6s. gold. 1016
llOH) Peoria Water Co.—Ob. g.
1988
Weat. Union Tel.—78... 1878-190C 112%
105
Gen. lst,g..69
tInlUted BoBda.
Cent. Washington— I8t,g.,6a.l988
1021s
90
Ala.AVlckB.-Conaol.5g.,192l.A40
•6
Ist
Pac—
58.1940
g.
Nor.
Chic. A
79's 70%
80
2d M.. Income Ull 'O-f. 1921..AAO 70
101
Seattle b.B.AEa8t.—lBt,68,g. 1011
96 100
Vicks. A .Merid..lat (is, 1»21.A*0
NorfolkA West.—General, Us. 1931 119
1932
il«" Atlanta A Chari.— 1st 7a.HH>7.J*J lao 1S9
New River, Igt.Ca
33
37
Oomatook Tuu.-Iuc.4a. m9.M*S
1OT4
iKp. A Ext., 68
106%
1984
oiorgla Pac-lat 68, 1922.. .J4J 106
Adliistment M., 7a
69i»
A*0
68%
, 1923
8
oSaoL
g
1908
Equipment, 5s
17% 18%
iDOOioe 58 --1957 94
06
CUueh Val. IstSa
68
70
74
74it UttleB.4Meni.- lst4g,1037.M*a
Scioto Val. A N. E.— l8l,4»..1990
k.-IOISmIAJ
Codb.7
110
118
Ogd.A Lake Ch.— lat con. Os.. 1020 •105 100 Mem.ACharLiMo'd
70
71
L.Ark.*T»x.-l8Ue.When
-116
78...1911
Bt
2dcon9ol.
Ohio* M188—
W^hen l»»K'd
84
.itt
Ineoinw
100
110
Conaumera Gas
Co.,
>
.
•
120
120
102 "4 103%
L.V.4T. U.—Ut,0».,7a.lH97 •111%
.
1
140
138
130
2d, 7»
11112
3d, 7b
1912
Clev. A P.-Coii8.,a. fd., 7«.19'K)
4tb,8ink.rund
6*.1H92
A Kend.— 3(1 pref. convert
Pltts.CCAHt 1-.— Cou.g.m«A1940
110i« PKls. Cleve. A Toi. -lat, 69.. .1922
1101* Pitta. Junction— lat 69
1922
Pitta. Mr. K. A Y.— lat (la
1932
Kan.C.Wyan.AN.W.-l8t,5a.l938
L. 8h. A M. So.— C. P.AA.— 78.1802 104
Buff. A Bh-.- New bonds, 78.1898 *112
Det. M. AT.-l8t,79
1906
Lake Shore- Div. bonds, 78.1899 II514
Mahon'g Coal RR. -Ist, 8a. 1934 108%
Kal. All. A O. R.— 1 st gn. 5s.l938 *106
LehlghV.,N.Y.— I9tgu.g4is8.1940
l.ltchf. Car.A West.-lst 68. g.l916
I,ong Island— 1st, 78
1898 114
N.Y. A R'wayB.-l8t,g. 58.1027
2d mortg., Inc
1027 *
Smithto wn APt. Jeff.— l8t,78 1001
Louis.Evans.ASt. 1,.— Con.58.1930
Louis. ANasb.- Cecil. Br, 78.1007 104
Pensacola Division 68
1920 104%
Bt. Louis Division, 1 et, 68. 1 021
1080
2d, 38
Nash V. A Decatur— 1st, 78.. 1000 115
S. f.,6s.—S. A N. Ala
1010
W. AC.-Ut, 79...U(12
Philii.
. .
111
O.R.I.AP.— D.M.AF.D.,lst48.1005
l8t, 2MJ9
1905 &2is
Extension, 48
1905
Keokuk A Des M.— Ist, 58.. 1923 "oo'
Ohlc. St. P A Kan. aty— 58..1036
Minn. A N. W.— Ist, g., 5s. .1034
100
67
2d, 7»
1808
2d, guar., 78
1808 »
118
Peo.AE. Iiid.B.AW,-lat,p(.7B.1900 1 151;
Ohio Ind. AW.-lst pre f. .58.. 1938
Peoria A Pek. Union— lat, 6a .1021 •uoifl
,
Win. A St. P.— 2d, 7s
1907
Mil. A Mad.— Ist, Ca
1905
Ott. C. F. A St. P.— Ist, 58.. 1909
NoHhern III.— l8t, 53
1910
1936
I'llts. Ft.
Bt.
Merap
1807
iBt, I.
1800
let,C. AM., 78
10O3
Ist, I. A D. Extension, 78... 1008
let. La C. A Uav., 5a
1010
l8t,H. A I>.,78
1910
l.«t, H. A I)., 58
1910
l8t,I.
1M9
5« inrr
^
.,|
•
D
D
I:
AM.
881s
I
f K., R.
(Ililn
Bid.
100
I
Cro8«e IMvlsion, 78. 1803
,(
I
I
lilJl
Plain, Is
Ohir. A Indians Coal— l^'t :>-< 1!<:IU
Ohl. Mil. A St.P.- l8t,8»,lM> ls'.i8
2d,73-108, P.
1808
Ohio
'OMnr
00
I
Ist, 7b,
lat, iM
i
Hprlngfleld DIv —I-'' '' ...10(15
ixice Friday: tbese are the lateat qaotatlons
made
this
week.
iW
4a,
...
...
. ....
.
1
.. . ..
..
.
1
THE CHRONICLE.
676
[Vol. Lll.
Latest Earnings lieporled.
Ittujestmetxt
KOABS.
WecltorMc
1891
1890.
ABD
$
Cent,& P. 3d wk Apr.
&Rio(4r. March
& No February..
Georgia RR
February..
Geo. So. &Fla.. March
Georget'n&W'D February.
Gr.Rap, &Ind.. 3d wk Apr.
Cin.R.& Ft. W. 3d wk Apr.
Other lines. .. 3d wk Apr.
Total all lines. 3d wk Apr,
Grand Trunk, .. WK- Apr. 23
Flor.
FtW.
Qa. Car'la
The Investors' Supplement, a pamphlet of 150 pages,
contains extended tables of the Stocks and Bonds of Railroads, and other Covipanies, with remarks and statistics concerning the income, financial status, etc., of each Company.
It is published on the last Saturday of every other month—
January, March, May, July, September and November,
and is furnished without extra charge to all regular subseribers of the Chbonicle. Extra copies are sold to sub-
viz.,
Chronicle at 50 cents each, and
scribers of the
to others at
$1 per copy.
WkApr.18
Chic AGr.Tr.
Det.Gr.H &M.
Great North'n St.
P.M.
Wk Apr. 18
&M.
March
East, of Minn. March...,
Montana Cent. March
Tot. system. March
Gulf & Chicago. March. ...
Housatouic
February
Humest'n&Shec March
The General Quotations of Stocks and Bonds, occupying Hutch. ASouth'n
Illinois Centr'la.
tix pages of the Chronicle, are published on the third Ind.Dec.&West
Saturday
In.
of each month.
Latest Earnings 'keporltd.
Week or Mo
ROADP.
1891.
1890.
Jan. 1
to Latest Date.
1891,
I
1890.
$
46,000
175,484
617,206
33,320
650,527
115.864
32,766
148,630
799,157
155,932
8,818
36,538
AlaljamaMWra.iMarcli
Aileghenv V ai February,
Atch. T. & 8. Fe. 3d wk Apr.
Half owned... 3dwkApr.
Total system. 3d wk Apr.
.
.
BtL.ASanF.. 3dwkApr.
Half owned.. 3d wk Apr.
Tot.8.L.<t8.F. 3d
Acp. total
3d
.
Atlanta & Char
Atlanta & Flor'a
Atlanta &W.Ft.
B.AO.East Lines
"Western Lines
wk Apr.
wk Apr.
February
March
JIarch
March
March
March
1,378.196
444,870
Total
1,823.066
Bal.<tO.Soutliw. 3d wk Apr.
41,736
Bait. & PoKiuiac March
135.529
Bir. & Atlantic. March
4,539
Bir.Sh.&TeuD.K February..
13,509
2.023
4,442
54,952
80,391
44,395
52.688
363,000
11,007
3.889
760,768
276,5i4
Blshop.sville
February.
Blackv. .\ls.&N. February..
Baff.Roeb.AKUi 3d wk Apr.
Bur. C. Rap. A: N. IthwkMch
Camden &
March
Ati
Canada Atlantic February.
CanadlanPaciflc 3d wk Apr,
Cp.F'r&Yad.Val 3d wk Apr.
C«r.Cum.G&Cli. February,
Cen.RR.&Be.Co February.
Auxiliary sys. .3 wks. Feb
CentralTif N.J.. March.
1,019,341
Central Pacitlc. February. 1,017,883
Central of S.C. February.
9,966
Centr'lVerm'ut. WkFeb 28
52,763
N.London Noi Wk Feb. 28
10,436
OKd.&LabeCli Wk Feb. 28
10,216
Tot. system Wk Feb. 28
73,415
Ohar.Cin.&Chic February.
14,197
Oliarlest'ii&Sav March
79,349
Cliar.Suin.&No, February.
10,843
Chatt'n'pra Uui'u March
7,000
Clieraw. <tDarl February.
11,574
Cheraw.&Salisb February.
3,465
Ches. AOhio.
3d wk Apr. 148,311
Ches. O. & S. W larch
174,365
Ctiea. A Lenoir
February.
6,317
&
March
2,489,279
3d wk Apr.
80,094
OhlcMll.ASt.P 3d wk Apr. 462,126
OWo. AN'tliw'n. March
2,029,078
Burl.
Q.
01llc.& East. 111.
Cliio.
Oliic.Peo.&St.L January...
175,396
589,721
34,540
624,262
111,310
33,849
145,159
769,421
154,068
9,161
36,293
,512,326
479,881
1,306,337
5,447,592
40.620
668,229
394,390
132,480
14,403
6,964
29,760
14,798
4,571
1,360
8,519
3,413
744,919
39,491
71,657
818,156
40,815
121,378
52,294
96,873
297,000 5,338,754
195,212
10,173
7,50"
2,566
715,408 1,572,932
275,109
906,607 3,051,825
881,031 2,206,803
21,261
13,556
53,990
9,748
10,809
74,547
660,428
11,903
27,112
65.793
238,886
6.2 12
21.380
7,724
23,032
10.283
25,038
2,852
6,618
137,323 2,391,774
154.320
568,331
6,62(
13,192
,160,747 7.057,013
73,513 1,117,804
440,340 7,39,-*,095
,910,316 5,630,327
31,845
45,964
,992,207
45.964
Chic.Uockl.&P, March
1,219,863 ,355,986
CMc.Bt.P.&K.U 3d wk Apr,
82,147
73,095
Olilo.St.P.M.&0. March
550.411 528,917
Okie. &\V. Midi. 3d wk Apr,
32,387
31,481
Clii.Ga. APorts. March
4.677
3,833
Cln. Jack & jMau. 3d wk Apr.
12.255
11,997
Cln.N.O. &r.P. 3d wk Apr,
76,13
83,703
Ala. Gt. South. 3d wk Apr
33,093
34,068
N. Orl. & N. E. 3d wk Apr.
19,603
23,579
Ala. A Vicksb. 3d wk Apr
8,822
9,574
Vleks. Sh. & F, 3d wk Apr
7,927
5,753
JErlanKer 8yst. 3d wk Apr,
145,582 15H,57"
Olnn.NorthWn. March
1,219
1,416
Cin.Wab.&Micb. March. ...
50,961
50,351
Ol6T.Akrou&Col 3d wk Apr.
19,456
16,051
Olev. & Canton.. February..
37.650
32,537
Ol.Cin.Cli.&S.L. 3d wk Ape
231,205 243,180
Peo. & East'n. 3d
„ wk Apr.
26,040
26,462
Clev. & Marietta .March
30,901
21,585
Color. Midland. 3d wk Apr.
36,355
34,858
CoL H. V. & Tol. iMarch
224,681 213,022
Colusa & Lake. January.
1,742
1,266
COTlu. & Macon. JMarch
10,678
11,852
Day Ft. W.&Lli.. January...
45,677
39,539
Denv. & Rio Gr. Hd wk Apr. 141.900 152,000
Des Moln. & No.'March.
8,973
7,947
DesM. &N'westj.March.
17,284
15,795
Det.Bay CtAlj) 2d wk Apr.
7,149
8,626
Det.Lans'g&Nd SdwicApr.
23,883
22,560
Dllnth 8.S.& AtlSd wk Apr.
28,672
33,993
East Loui.'^iana. 'February.
6,600
6,466
E.Tenn.Va.iGa. February.. 5 24,4 6
524,953
Edoxt. <bOhio Febriiars'.
54,551
46,619
Total 8y8tein.|2dwk Apr.
125,299 126,018
El^nJol.&East.l February
49,666
44,445
E11Z.LCX.&B.S.. [.March
62,927
62.670
EyaE».&Ind'ii.':s,3d wk Apr.
6,288
6.149
Evansv. & T. H.;.3d wk A'lr.
20,527
19,274
Fitohbure
pl5,076 495.578
Februa ry
Flint, A F. Mara '3d wh Apr.
66,064
60,C-?8
Florence
'February
4,584
6,436
.
.
I
145,376
373,499
358,913
8,620,533 8,323,425
483,007
470,566
9,103,541 8,793,978
1,836,429 1,757,847
473,239
460,138
2,309,669 2,218,284
11,413.210 11,012,262
327,167
329,004
29,891
30,193
130,096
131,559
4,141,235 4,304,765
3,340,22
1,176,92:
1,493,393
456,886
12,880
225,207
1,253,528
560,548
341.523
191.768
186,859
2,534,226
4,906
138,513
262,688
77,904
3,816,921
449,343
81,217
583,893
612,149
1,742
35,924
.
45,67'
2,204,142
24,385
46,006
143,400
326,174
439,059
.
I
680,035
388,098
19,627
32,704
3,035
7.536
531,822
759,390
113,910
100,261
4,115,339
161,827
5,0C3
1,589,375
2,622,283
1,743,100
25,510
&Gt.North'n March.
Central... 3d wk Apr.
Iron Railway... M.irch
Jaok'v.Soiith't'u 3d wk Apr,
J'k'nv.T.&K.W.o February.,
Kanawha&Micb 3d wk Apr,
Kan. C. CI. & 8p 3d wk Apr,
K,C,F,8. & Mem. 3d wk Apr,
K.C.Mem, & Bir, 2d wk Apr,
Kentucky Cent. January. ..
Keokuk & West. 3d wk Apr.
Kingst'n & Pern, Itliwk J .in
L. Erie All. & 8o .March
L. Erie& West.. 3d wk Apr.
126,375
2,05.<,932
95,963
& Hud.. March
Rock & Mem 3a wk Apr.
Long Island
March
Lehigh
L,
Louis.&Mo.Riv. February..
Louis.Ev.&St.L 3d wk Apr,
Louisv.&NashT, 3d wk Apr,
Louis.N, A&CU 3d wk Ai)r.
Louisv.N.O. JiT, 3d wk Apr
Lou.St.L.&Tcx. 3d wk Apr.
Lynchb.&Dur'ni March
Uemphis & Chas 2d wk Apr,
IMexlcan Cent.. 3d wk Apr.
[Mex. National 3d wk Apr.
(Mexican K'way WkMch2S
Mil.L.Sh.&Wesl 3d wk Apr,
Milwaukee &Nu 3d wk Ajir.
Mineral Range March..
Minneap. &St.L.
M.St.P. &8.8.M,
Mo. Kan. & Tex,
Kan. C. & Pac,
Total Byst'm
Mobile (SiBirm..
Miirch,,
.March..
3dlwk Apr,
3d wk Apr.
3d wk Apr.
2d wk Apr.
Mobile* Ohio.. March
Monterey.tM.G March
Nash.Ch.&St.L, March
N.Jeirsey&N.Y. February.
New
Orl. ifeGull March
N, Y. C.& H.R.d March....
N. Y. L, E. & W. March.
N. Y. Pa. & Ohio February.
.
673,747
20,206
214,369
10.703
23.543
20.217
5,393
2,179,477
483,518
12,787
8,467,566
905,531
7,059.441
5,520,711
31,845
3,067.379
1,257,452
1,409,698
413,819
11,534
171,759
1,237,070
371,902
345,391
197,173
183,0.»5
2,334,631
4.643
128,569
230,389
67,106
3,691, .597
462,731
57,483
516,924
543.449
1,266
38,222
39,539
2,168,819
18,970
50,920
156.017
327,600
437,2.30
17,1001
16,i»3
1,145,5,34 1,127.127
.
. i
1,332.916
5,637,681
100,138
2,059,534
83,667
.
N. Y.&N.Eng.. .March
N. Y. &North'n. March.
N. Y.Ont. & W.. 3d wk Apr.
N.Y. 8u8q.& W.. March
NorfolkiWest.t 3d wk Apr,
N'theast'n(8.C.l February..
North'n Central. March
Northern Pacihc 3d wk Apr,
. .
3d wk Apr.
& North w.. March
& Maysv. JIarch
2d wk .\pr,
Ohio River
Ohio&Miss
Ohio
Col.
Ohio Southern 3dwkApr,
Ohio Val. of Ky 3d wk Apr.
Omaha & St. 1,. March.
Oregon Imp. Co. February
March...
Pennsylvania
Peoria Dec. &Ev. 3d wk Apr.
March
Petersburg
Phila. & Erie... February.
Pbila. & Read's March.
Coal&IronCo March.
Total both Cos, March
Pitts. Mar. & Ch. March ....
Pltt.Sheu.& L.E. February.
Pittsb. & West'u February,
.
.
.
Pitts.Clcv.&T. February,
Fitts.Paiu.&F. February.
Total system 3d wk Apr
j
Pt.Koyal& Aug March
Pt.Rov.JtW.CJi. IMarch
Pltt.Young.&A. February.
PiKS.AiA riz.Cen, i.Ianuary. .
i
QuincyO.&K.C.uMarch....
Kich.&Dauville. March
Vir. Midland. .March
Char. Col. &Au, March
&Grcenv.!JIarch
We3t.No. Car. March
Georgia Pac. March
Col.
Wash.O.&W.. March
& Spart. March
AshT.
Total Sy.s'in. 3d wk Apr
Rich. &Petersi>.jMarch
Bio Wr'de South, 3d wkApr.
Bio Gr. Wcsl...j.3d WkApr,
Rome W. & Ogd. February..
I
Sag TusvC?'a<^H.I March
8t.L.A,&T.H.B'sl3a Vi ^pr^
8t,L, Ark, &Tex,'3d wk Apl*,
St. Paul & Uul'th March
8.Ant.&Ar.Pas3. November,
1
93,708
321,S80
1,051,143
934,3.'.5
12,54 1
76,636
284,585
991,811
968,011
10,005
59, .520
359,812
70,109
20,459
737,478
52.789
92,310
882..578
3,099
101,756
13,500
6,200
Febru.ary..
1,432,439
•March.
36,510
M.irch.
Iowa
RAILROAD EARNINGS.
27,000
16,776
11,579
179,170
58,917
3,323
46,488
8,348
4,684
Fran,&N.Pac,|2d wk Apr,
8av. Am. & Mon. March
8,
I
BeattlcL. 8. & l!:,;3d WkApr,
'January...
Silverton
Bioux City & No February.
.
'
283.674
31,850
3,803
19.166
90,820
6,856
4.816
82,265
21,228
85.32(i
23.869
8,6i)8
5.290
160,916
52,654
3.258
02,294
9,343
4,339
65,976
389,507
81,041
22,401
Jan. 1
to
Latest Date,
1891.
*
472,207
49,808
22,899
372,258
191,306
7.353
662,453
127.682
67,348
856,045
5,830,379
1,173,173
327,241
1890
402.359
28.947
10.701
338,328
152,996
6.679
727,601
132,008
62,266
921,874
6,030,420
1,153,747
313,526
673.591 1,926,677 1,027,952
29,975
134,046
95,676
271,584
202,967
70,391
774,558 2,332.307 1,926,595
9.257
4,293
11,837
207,432
100,735
201,954
3.^', 292
11,656
39,500
12,610
4,220
7,343
1,301,908 4,368,815 3,927,716
35,709
109,956
97,626
274,272
831.055
918,567
518.907
29,497
483,<t78
9.73',:
0.632
3,537
294,698
12.006
195,762
169.985
150,018
70,216
90,915
5,468
78,358
92,0116
118,415
7,153
78,071 1,392,43,^ 1,436,522
3 9,632
340,500
368,586
85.326
71.382
71,382
112,679
103.983
5,609
4,324
9,586
9,175
15,723
5,727
14,970
884,254
54.497
807,147
91,903
20,824
75,038
212,992
7,707
173,768
220,190
089,84
606,617
58,284
67,412
33,880
4.32.8"!
322,.300
22,716
5,692,211
5,612,735
330,91
732,0?5
084,031
46,194
22,627 1,135,688
892,937
118.084
99.972
6,106
14,.571
37.000
5.171
491.418
526.518
38,307
105.790 2,070.314 2,048,960
77,215 1,266,240 1,176,194
993,182
79,684 1,085,364
6,590
4,053
5,811
54,154
32,449
9,656
239,756
28,825
29,554
338,545
47,300
55.114
8,292
13.000
33.548
148,758
76,930
88,349
8><7,939
8(13,511
52,685
69,9:
432,406
31,482
470.35
32,982
27,890
22,880
10,300
7,767
356,319
336,175
134,240 130,114
449,729
489,082
103,544 130,275
152,740 139,741 2,373,467 2,259.568
94.909
82,121
5,238
5,125
157.977 144,866 2,468,376 2,341,690
711,303
78,281
4,082
3,822
781,333
893.726
287,540 245,396
71.300
220,740
72,637
18,100
859.031
957,231
300,995 271,182
34,327
37,951
19,112
17,419
37,209
41,897
11,621
11,003
3,247,32S 2,946,522 8,988,176 8,573,780
2,291,280 2,242,488 0,517,962 8,454,760
967,869 1,123,301
468,431 538,639
481,949 452.266 1,345,770 1,285.679
101,639
122,812
35.241
43,665
792,713
593,884
52,903
40,396
324,9i!5
293,142
102,723
108,302
170,875 154,275 2,573,969 2.384.039
163,60"
152,313
76,796
70,394
537,305 53s, 373 1.506,447 1,612,174
5,453,503
6,273,666
420,169 440,663
82,196
81,081 1,211,598 1,220,125
45,574
45.948
14,528
15,834
1,934
2,390
726
1,122
134,768
155,164
12,011
11,875
11,219
14,823
38,861
3.335
88, 283
5,278
157,095
101, ,703
35,471
52,298
583,559
Oil. 73-!
299,615 298,986
5,218,706 5,470,71^ 15,270, 501 15,,401,117
210.600
284, .683:
15,373
16,0621
138.849
138, .284!
48,080
49,294
623.541
057. ,590
301,988 293,730
,3<9,109
1,551, 400l 1,508,747 4,734. .407
,304,949
1,354,963 1,204,627 3,044, ,370
,694,057
2,906,363 2,713,374 8,678, ,778
8,518
10, 553
3,202
3,789
37,843
40, ,356
18,822
18,681
216,949
204 ,150
101.425
97,101
70,328
37,693
58 743
29,372
33,702
36. .412
17,760
20,823
62.',015
565. 403
42,190
31,705
110,816
133. 065
31,896
41,753
124,418
134 ,766
40,174
40,305
199,237
03,045
103, 344
48,517
424
10,477
10.477
8,424
8,
5.'), 485
19.750
62. 519
20,369
950
,483,600
476.500
507,400
1,538
491.400
529 ,600
184,600 175,600
2r>7.960
86,8,50
85,400
265, .;'50
203,938
81,270
261, ,300
78,950
231,044
81,150
242, ,130
83,000
4H7,975
140,500 141,400
477. 050
28. ,050
25,298
9.800
8,600
32,107
12,000
10.975
37, 653
,013,022
269,200 237,350 4,199 ,175
83,358
28,414
28,316
80.
3,631
46, .942
407,508
651. 068
45,500
28,910
570,005
598 374
287,389 286,068
18,021
20. 5.50
7,362
7,040
415, ,155
351,774
27,080
23,518
.
3^
1.11117.111(1
f\M xiiri
10S143
170.220
12.278
38,612
6,400
7,025
31,846
1121718
173,663
12,870
23,034
7,465
nil.
293,983
1,564.681
170,639
121,314
103,303
7,023
65,79S
277,315
1,286,690
14.^..790
66,004
98.055
nil.
'
Mat
-
..
,
..
.
11
.
1
THE CHKONICLR
3, 1801.]
Lalett
Eamingi
Ktporlta,
Jan,
1 to
Roads.
fUicttk of April.
VetkorXa
Booth CnriiMoft
189t.
151,380
M&roli
|
1890.
112,750
1801.
S
300,013
T
87.i87
992,202
226,791
43'.).37a
4L.'J,9i;
1,533.903
8.475
12a.07«
147,<!0.1
.33.715
30'J.0«7
918.347|1.0i:t,5tU
2.31l.09ll2,077,!mi
3,312,309 2,079.931
3.171,843
4.932.004
7,105,509
3.'i2.1S2
.
M.Y.l-.A
Tei. & N
Atlantic- '<.
PhoIIIc sv-.|.',i iVinii iry.
Tot»i.)ri»[|.. February.
Bo, Pile. Kit.
So.
I>iv.
,
Arizi'ii.i
Bp;ir. I'm.
Bt»'i-n
F.
nrjr.
(•
Bo. DIv.
:
1
4tf),^S4
iry.
133.127
84.531
12.120
57,772
1,058
91.221
70,S23
103,041
ly.
iry.
.•.
l;
P'
iry.
T.'Uii.
I
T«iu-
.
i
1.5.713
ir<-li
I
wk
117.434
3.03S
90.937
Apr.
.Much
T(>\.-<.V:l A-\.\V.
10.110
ii-y.
ToI.A. A.AN'. M. [Marrli
Tol. Col. i Ciu.. |:lil wk Ai>r.
Tol.AOliiiKUMiI. i^lil wk Apr.
TOl.AOXVii.Kx. DiotMuher.
X*»I. P. & \V..it.. ;t;l wk Apr.
6.0 H»
3:>,22
lO.O:
ToI.4So.H.iviMi. Jraivb
Ulster i 1)0 1.... fobiuary..
18,548
32,001
2.207
19,023
Unton Paelllo—
Or.S.UAU.N^. [Fohriiary..
514.611
T0l.8t.t,.&K.C. \%\ w;{ Apr.
10,173
129.102
419,580
150.241
74.259
11.850
52.5S2
909
08.150
07.030
135.180
15.009
131,478
2,081
101.318
6.708
28.421
8.397
20.720
32.380
1.91)1
17,3'Jl
401,009
Or.Ry.AN'.C\p. Ffli! aary..
317.300 222,003
St.Jo.i-CM
52.S0>*
10.3.180
ry..
Un.rae.I)
371,037 3(:9,277
.i-.V..
Alloth. lii
lary.. l,3e'i,4l3 1,305.487
Tor.U.r.^iv-. tVstruar.v.. 2,0S2,21W 2,003,022
Oent.Br.&T.lL. February..
95.000
48.190
Tot. COTlfUul Febraa ry. 2,730.40 2.0U9.22'i
'
oi,;
431,201
iFobriiary.
Ijeav.Top. its.
Man.Al.it Bar.
Jolut.owiiM.Hi
Ornnil total.
TJ.S'kYd.s.&T.Co
Vermont Valley
Wiibasn
Fc'bnmry..
Kpliraary.
l<'i'bruary..
Fobniary.
FoUraary..
Marrb
|:ij
wk Apr.
Wiib. CUcst.JtW. Febrnary.
I
Wa.-*ti. .Simrlierii.
We-<t .I.-rsrv ....
W.V.Ciu-i^: Pitts.
WestV.*
!
March
March
M
rch
I'ilu. February..
Weatorn ot Ala. [March
'Wnst.S.Y. & P.i. 3d wk Apr.
VhocilngAr,. E. at wk Apr.
Wil. Col. 4 .Vug. February
.
Wisconsin Cent. 3(1 wk Apr.
Wriithtsv.&Tnn. March
91.409
63,515
2.755
2,187
3.074
2,883
S0.292
48,619
2,779.023 2,729,521
235,890 199.033
13,714
13,966
227.014 210,098
4.820
4.380
22.238
21.775
09.155
98,880
88.193
67,610
7.007
5,.543
39.379
42.701
58.300
73,800
20.300
22.924
98.8S3
99,380
90.190
94.542
7.898
8.511
11.201
.I'>n'i'»rv.-,
9.741
20 1,7 SO
1,21.".,700
33. '-(MS
403.730
2,98i).OOS
4,140.322
6,113,305
734,033
34t.9l2
22-(,339
782.313
2,810.7831 2,9:i7,2:>2
5,708.010 5,031,158
92,909
9, 493
60,790
270,903
202.393
201,322
5,233,031
115,991
4,784
5,572
03,123
5,298,309
438,017
40,137
3,875,213
8,841
00,291
200,187
197.401
15,0.50
11 830
;
Montana Ua..
971,0'<0
243.229
245,512
955.213
88.3,571
339.137
297,038
177.195
147,720
26.170
23.787
170.039
152,597
2.103
2.120
290.980
181.045
209.395
103.9:)0
60D.374
330,373
45.770
47,31)3
1,990.450 2,078,001
9.982
9,991
213.237
270,033
97.303
88.990
401,188
301,702
109.312
93,<)i)-i
207.223
278.0-.3
409.227
433.136
5.702
5.381
39,233
31,309
1,177,301
821.137
102.030
700.1171
5,800.911
170,016
4.863
6,1001
93,490
5,^94,400'
498,9241
38,239:
3,633,485
135,201
988,850
150,219
1,004,522
351,013,
322,430
20K.003
207.193
1,305.299 I,3t2.;n2
25,728
23.434
11.201
9.741
a Whole syjiom, luclulin< Iowa lines.
6 Inolula'i lu both years
Scioto Valley Diy., au 1 Marylan.i A Wa^'iluztou Otv. (Shenandoah
Valley.)
e luclailes earnings from ferries, etc., nut given separately,
4
Wat.
t Mflxtean currency.
« Main Line.
Ogd. since March 15, in 1891.
ti
Includes
Rome
Lite.st Gross Enniingg by Weeks.—The Utest weekly
earniugs in the foregoing table are separately snoicned up as
follows:
On 84 road?, as given below, the a?»regate for the third
week of April shows a gain of 2-97 per cent.
Srf
week of April.
1891.
1890.
Increase.
Roads j'tlv owned
St. I.,onl» A 8. Fri»u
Road.'^ i'tly owned
Bait.
& Ohio
*a..
1
^.
.3outhw
Burtalo Rtich.* Pitts....
Canadian Pacific
Cape Fear & Yadkin Val.
.t Ohio
Chesaiicako
OUCSKO
dc b'axt.
niinois.
•CaUcoKO & (JranrtTrunk.
CblcoKo St. P. * K. City.
Chicago & West Mich
OIncinmti .lack. & Mack.
(''
-
;
'
t
145.,582
10,456
231,203
23,040
30.233
23,883
20,439
28.672
6.2S6
20,527
60.558
27.000
46.488
8.318
4.084
31.850
6,856
10,100
4,816
82,268
6,590
51,151
9,630
29,331
333,345
47,300
148,758
70.930
132.710
&
8t. L.
:i
C
1
1'
-
N'orth.
'ijctniu ur. ilav. & Mil..
Doluth 8.8. * Atlantic...
Svansrllle .V Indlanup...
Svaiis. A Torre Haute...
FUnt & Pero Marquette.
Florida Central * Penlu.
"
G;
Uitrndiaaa.
1!. iFt. W..
1
1
Mlchiuan
•>'
.5.304
I'.ic.(5roads)
lie.
r
1
32,706
41.730
54,952
363,000
11.007
148,311
80.091
70,109
82.147
32,387
12,235
iVCol
I
K
1,703,148
617.206
33,320
.3outhea8t..
•
KaiisartCiu CI. *8pr....
Kan. City Ft. H. * Mem.
Keokuk Western
Lake Kric ,t Wi stern....
.fc
Uork A; Meiuphls..
louisv. livar.sv. & St. L.
liOnisvllle ,v Nashville...
l,onis. .V. Alb. A Chlc
Me.nl,:an Central
Uexicnn National
Little
Kansas A Texas
Kansas city A Pacillc.
Ml«.souri
ew
Y^ork Out. .V West.
.,,..„
Jfo.-*ow <, .»•
.
5,23*
52,903
1-.,.j—
1,740.530
589,721
34,540
111.310
33.349
40.020
39.491
297.000
10,173
137,323
73.513
81,041
73,095
31.181
11,997
156.577
16,051
343,180
26.462
34.858
22.500
22.401
33.993
6.149
19.274
60.004
23.869
52.294
9,343
4.339
29.497
5.408
12.006
7.155
78.071
9,009
54,497
7.707
22,716
330,917
46,194
105,790
77,215
139.741
5.123
40.396
Lit "7-.
DeereoK.
$
$
Prev'ly reporfd (13road8)
At. Top. .t ,3. F. !<y.st<;m...
*
66.698
27,483
110.083
1,220
4,554
1.033
1.116
15.461
66.000
10,988
6,581
10,872
.
9,052
900
258
id.995
..
.
...
11.973
1,422
1,397
1,323
1.942
5,321
187
1,253
5,506
3,131
5.800
093
345
2.353
1.383
7.160
2,339
4.194
931
313
1,949
6.838
7,628
1.100
42.90J
285
12.099
113
12.307
I'i.BOO
•
-r-
.
-
-
INOO.
*
•
Innrtnti.
,
'ir.'.'.
H2.190
14.M23
5.278
81.081
11.210
3.313
,»n«r.
I0.OI12'
l'..:i73!
2:17. 3-.1),
J .'M )
,:
n
oi
•'eoria
Rieb.
Rio
3t
i
A
I
.M!
20il.2O
tdii)..
'
On
I,.
)
l-,,3 )0
.
I
Dttrtai*.
"i
1,115
••••••••
.1.004
1,443
(18
I
3t,3M(J
••la
111
i
8t.l-.lMl. \||,
Se.iMI.- I,. .-(.
.
Texas & Pi, •ill
Toledo Ponrla fc 4Vosl«rn|
Toledo Ht. I,. A Kun.Ully.'
W»l»»li
I
Itreiterair. Y.
*
Pona.l
Tot«l (84 roads)
Ifet Increase (2-07
j
1.<<0S
117.131
18,513
32.001
227,014
58,300
20,720
32,340
240,698
73,800
0,327,445
6,144iei3
i;ti.4,vt
•
1«,(»M
2,178
381
'i»,ini
15,«00
405,435 ~333.5»9
182.830
Ueorooae in freight earnings du^
p. 0.)
• Pop week ending April 18.
I
mainly to oonl shlpmonts boinjr reduoeX
Net Eitrnlnifg HDuthljr to Latest Dates.— The table following Bhow.s the net earnings repjrteJ this week.
full
detailed st.ttenaent, includitig all roads froai which montbly
returns can be obtained, is given once a month in tbeaa
columns, and the Iate.st stateinont of this kind will be found
in the Chronicls of April IS.
The next will appaar in the
issue of May 3<3.
A
— Orou
.
1891.
K'Xi'''.
Alab imaOt. South'n.Feb.
»
—
Bttrntnjt
1390.
•
,
——
.
.Ve^
^arMnj$.—~,
1891.
1890,
«
•
148,199
150,073
.52.213
45,383
Jan. 1 to Feb. 28...
307,861
827,426
109.3 1'i
113,458
July 1 to Fob. 28... 1,313,283 1,351,232
429.3 10
497,031
Buff. Rooh. 4 Pitts. .Mch.
218,393
131,072
67,933
52.599
Jan. 1 to Mch. 31...
590,173
413,319
13.1,303
134,817
July 1 to Mch. 31... 1,810,003 1,417,237
402,130
463,631
Can.vUan Paciac....Mch. 1,510,039 1,233,960
497,0 10
392,770
Jan. 1 to Mch. 31... 4,213,751 3,214,333 1,163,580
767,131
Chesapeake A Ohio. Mch.
665,630
571,524
161,825
101.661
Jan. 1 to Mch. 31... 1,943,398 1,707,507
591,502
326.307
JiUy 1 to Uch. 31... 6,055,015 5,321,509 1,731,032 1,418,378
Chlo.Burl.AQuincy.Mch. 2,489,279 3,160.747
901,512 1.270,802
Jan. 1 to Mch. 31... 7,057,013 8,487,583 2,123,810 3,015,550
Ohio. MU. A St. Paul Mch 2,131,393 2.077.751
753,098
745,ipS
Jan. 1 to Mch. 31... 5,937,032 5.035,311 1,681,610 1,641.291
Julyl to Moh. 31. -.21, 153.503 20,430,012 7,314,»0J 7,58 1,9M
Olev.Cin.Ch.ASt L.Mch. 1.000,317 1,027,310
323,491
353,323
Jan. 1 to Uch. 31... 3,124,407 2.934.514
950,839
931.090
July 1 to Moh. 31... 10,033,791 9,072.807 3,241,913 3,374,670
DetBayCitvA Al .Mch.
37,274
43.363
15,823
25304
Jan. 1 t3 Mch. 31...
120,517
137,330
53.02 3
71,650
EntTenn.Va.AGa.Fob.
521,467
521,933
192,62)
176,501
Jan. 1 to Feb. 28... 1,143,531 1.127,127
423.799
414,961
July 1 to Feb. 28.
4,745,302 4,353,197 1,553,505 1.813,853
Knoxv. A Ohio.... Feb.
51,551
40,619
20.613
17.343
126,375
Jan. 1 to Feb. 28...
100,138
03,861
37,704
July 1 to Fob. 28...
507.312
402.013
184,339
144.093
Total system
.571.572
Fob.
579,018
219,233
193.849
Jan. 1 to Feb. 28... 1,271,909 1,227,283
404,002
482,685
Julyl to Fob. 23... 5,252,701 4,757,810 1,737,931 1,938,84«
Iowa Central
Mch.
152,031
133.821
52,932
48,063
Jan. 1 ta Moll. 31...
423,0itl
398, 2S2
115,929
13 1.769
July 1 to Moh. 31... 1,301,130 1,233,110
411,212
370,963
Ean.C.Ft.S.AMem.Mah.
403,320
421,435
107,692
123JM
Jan. 1 to Mch. 31... 1,141,072 1,193.881
294.231
334381
July 1 to Mch. 31.
3,016,313 3,789.521 1.018.310 1,233,937
Loutsr. A Na.shville.Hch. 1,552,039 1,518.177
559,651
541,663
Jan. 1 to Mch. 31... 4,672,333 4,380.330 1,740,743 1,744.671
July 1 to Moh. ol... 11,700,710 14,305,507 5,534.514 5,799,691
Mexican Central.... Feb.
533,129
509,567
198.381
203,939
Jan. 1 to Feb. 23... 1,121,890 1,158,012
427,190
425.033
Mexican National... Mch.
360,023
327.303
98.640
41,414
963,216
Jan. 1 to Moh. 31... 1,041,497
290,940
177,547
K.T.L.E. A Western. Mch. 2,291.280 2.212,483 1T809.406 1798.280
Jan. 1 to Mc'i. 31.
6.517,902 6,131,70.1112.074,800 n2. 1 16.744
Oct. 1 to Mch. 31...11.122.739 13,920,793 If 1,042,035 114,752,183
190,021
43.239
N.Y.Ont. AWosfn..Moh.
230.201
39,606
100,301
Jan. 1 to Moll. 31...
042.033
478,343
71.897
469..39J
317,235
July 1 to Moh. 31... 2.003,798 1,011.051
649.2 J7
227.707
217.477
Norfolk A We Jtoru Meh.
726,037
585,233
566.053
Jan. 1 to Moh. 31... 2,017,272 1,831.241
558.373
144.647
150.906
Northern Central.. .Mch.
537,303
403.419
467,633
Jan. 1 to Mch. 31... 1,503,117 1,612,174
593.360
535,333
FUla. A Reading... Moh. 1,551,100 1.508.747
Jan. 1 to Mch. 31... 4,734.407 4,389,109 1,903.333 1,601.947
Deo. 1 to Mob. 31... 6,420,518 6,011,051 2,603,131 2,370,447
Goal A Iron Co.... Moh. 1,354,903 1,204,027 df.U4.332 d8f.83,624
Jan. 1 to Moh. 31... 3.914,370 3,3i) 1.9 IJdf. 2 10,32 Idt. 190.770
T>eo. 1 to Moh. 31... 5.530,717 4.679.313 df.2JO,050 df.219,256
419,031
449,764
TotaIbothCo.'s....Mch. 2.906.303 2,713,371
Jan. 1 to Mch. 31... 8.073.773 7.091.037 1.603.311 1.414.176
Deo. 1 to Mch. 31. ..11,971,263 1J,7 3.690 2,3/2.823 2,051,101
49,880
33.405
120.330
Rio Orando WesPn. Mch
174.713
164,832
79.167
336.603
Jan. 1 to Moh. 31 .
626.086
075,312
416,411
July 1 to Mch. 31 .. 1,725,739 1,172,397
.
. .
834
3,405
18»1.
18B0.
Bo. I'acfflc <'.).-
Mo.x
677
Lautl Dale-
.
Sontbem
Paciflo
Co.—
77,903
91.344
351,124
353,132
181.442
140.816
992,20i
971.980
44,013
30.304
Louisiana West'n.Mch.
87.337
69,520
135,609
261,789
65,832
Jan. L to Moh. 31...
326,791
81.S96
73,655
415.917
Morxau's La. ATex.Mcb.
429.379
328,050
473,637
Jon. 1 to Mch. 31... 1,533,965 1,215,700
10,473 dof.7,764 dst.8,307
H.Y.Tex. A Mex.. Mch.
8,473
33.333 d)f.l2,978 dof.l93i3
J«n. 1 to Moh. 31...
33.715
130,012
50,343
147.005
Tox.ANewOrl'ns.Moh.
122.078
123.091
463,7.->0
191.636
300.007
Jan. 1 to .Mch. 31...
213.531
Total Atlantic sys.Mob.
088,317 1.013.301
817,S»3
779.127
Jan. 1 to Mch. 31... 3,171,843 2,980,008
81,580
384.778
West. N. Y. A Penn.Moh.
275,016
331,159
792.923
Jan. 1 to Mch. 31...
808,768
7031497
849.151
July 1 to Mch. 31... 2.605,721 3.732,133
oo • peroeataM
operated
U After doductiuz proportion duo roads
bmata, net In March. 1891, was ««14.744. a«alMt 6603.675 Ja
for 3 months to March 31, ij(l,51 1.784. »(r»ln«»$l.»»»,594, and Oak, >.
....
to March 31, «;3.379.5O0,a«ainst $3,473,646 iartyaar.
Ual. Bar. AS. Ant. Moh.
Jan. 1 to Mob. 31...
im
THE CHRONICLE.
678
—
The following roads, in
Interest Charges and Surplus.
above, also
addition to their gross and net earnings given
or dehcit
report charges for interest, &c., with the surplus
above or below those charges.
^Inter'l, rentals, <te.-^ -Bal. of Net. Earns
—
1890.
1891.
1890.
1891.
$
4!
Roads.
18,813 def. 29,803
348,606
372,381
Oent.of New Jersey. Moh.
85,359 def. 89,030
Jan. 1 to Mcb. 31... 1,119,591 1,018,374
497,177
109,542
773,515
792,000
Ohio.Burl. &Quiucy.Mch.
695,010
Jan. 1 to Mch. 31... 2,376,000 2,320,546 df. 252,189
83.006
69,766
270,316
253,728
Cl6v,Cin.Ch.A8t.L.Mch.
1,075,379
1,013,839
Julyl to Moll. 31... 2.231,106 2,299,291
40,723
19,082
87,622
88,610
Kan.C. Ft.B. AMem.Mch.
454,661
216,070
779,275
802,240
Julyl to Mch. 31...
ANNUAL REPORTS.
Union Pacific Railway.
the year
CFor
ending December
31, 1800.^
report has been published this year in the same
atatistical form in which it was issued under Mr. Adams's
administration. Mr. Adams and his associates spared no
trouble to give the stockholders at all times full information
about their property. It is impossible in this column of the
Chkoniclk to give more than the briefest outline of a report
which occupies 129 large pamphlet pages.
The report says that " at'the close of the year the net floating debt amounted to $6,874,941, an increase during the year
of 12,385,378. The gross floating debt on the same date
amounted to $31,418,094. Of this amount $10,162,234 was
represented by bills payable, in which item of debt there was
a decrease during the year of $2,591,600. Your directors are
now considering a plan providing for the funding of the floating
*
*
debt, which will be completed at an early date.
During the past year $7,513,000 Union Pacific sinking fund
«ight per cent bonds and $301,000 Kansas Pacific consolidated bonds have been paid from the proceeds of land sales.
At the close of the year there were outstanding and unpaid
6,590,000 sinking fund 8 per cent bonds. The proceeds of
sales of land subject to the sinking fund 8 per cent mortgage, together with interest to be received on contracts for the
sale of land, will be sufficient to pay the entire amount of
these bonds outstanding, and will eventually leave a surplus
in the treasury of the company of over $8,250,000. The estimated value of the lands subject to the Kansas Pacific and
Denver Pacific mortgages, the contracts and cash on hand,
and the interest to accrue thereon, aggregate $16,986,419.
During the year there was a net decrease in the funded debt
of the Union Pacific Railway Co. of $8,121,700.
The annual
STATEMENT OF FLOATING DEBT DECEMBER
31, 1890,
Dec. 31, 1890.
Liabilities.
Dec. 31, 1889.
$
Bills paynble
$
10,162,234
3,315,124
6,660,700
18,709
1,241,325
Accounts payaWe
Pay rolls and vouchers
Dividends unpaid
Ooipons unpaid (')
Called bonds
Total
12,753.8.34
2.781,8.30
3,192,555
23.117
1,378,276
20 000
32.000
21,418,094
20,161,613
Assets.
$
Cash
Company
Bills
AND 1889.
stocks and bonds
and accounts receivable
(2)
$
On January
& Gulf Railway Co.) and on the same
date by the Fort Worth & Denver City Railway Co.
(in which
the Union Pacific Denver & Gulf Railway Co. has a
laree nro;
I«ietarv interest) and the Pan-Handle Railway Co.
(aU the
stock of which is owned by the Fort Worth &
Denver Citv
iteilway Co.). For this reason, and for the purposes
of comI«ii8on, the earnings and expenses of these lines for
1889 and
18K0 have been included in the statement of
earnings and
expenses, which therefore covers the earnings and
expenses
or the following companies.
Mdai
„
Union Pacific
1,821-86
Carbon CutrOff
19-17
Denver * Boulder Valley.
26-97
Denv. Leadville & Gun's'n 324-03
Echo & Park City
30-10
.
June. City & Ft. Kearney.
Kansas Central
P'k.
A Pacific.
Omaha & Republican Val.
Oregon
8. L.
& Utah
87-80
165-65
Ore. H.
47,000
*3,000,000
169,000
2,200,000
2,233,000
14,000
3,047,000
2,369,000
363,000
363.000
343,000
343,000
568,000 2,102,000
':'0,000
353,000
2,178,000
1,543,500
5,340.000
1,022,500
Totals
Kansas Pacific EB.
InKau8as,E.of394tbmile
In Kansas W.of394tU mile
InColorado,DenverEx.Ml,634,000
InColorado.Denv'rPac.M 283,000
Totals
Grandtotals
Joseph & Grand Isl'd.
Kansas City & Omaha
St.
Salina
Nor.. 1,421-51
&
Southwestern
Solomon
Un'n Pac. Denver & Gulf
Ft. Worth & Denver City'
1319 U.
482-05
1,817,000
1,344,000
3,161,000
10,084,000
4,050.000
1,353,000 6,208,000
12,453,000
Including 800,000 acres classed as " arid" lands.
The operations, fiscal results, charges, &c. have been as
below given. These statistics include the entire system, the
several roads being enumerated in the table given above. In
1889 the figures are compiled on the same basis to afford
*
,
proper comparison.
The total gross earnings in 1890 were $44,538,203, and the
net $12,339,066, against $40,941,063 gross and $13,723,559 net
in 1889. These totals, however, include the Central Br. Un.
Pac. and one-half the earnings of the roads owned jointly.
In the statements given below the Central Br. and the jointlyowned roads are not included in the operations and fiscal
results, but the net results are given in the income account,
OPEBATIONS and FISCAL RESULTS.
1889.
7,389
Average miles operated
Operations —
*
4,388,106
355.822,732
2-414 cts.
6,938.233
1,950,241,673
1-405 ots.
Tons oanied (No.)
Tons carried one mile
Rate per ton per mile
Not Including company's
Earnings—
Passengers, commercial
*
$
Government
do
Freight, commercial
do
do
P. Lincoln
Total.
&
Colorado'
252-52
193-69
35-45
57-04
944 72
460 03
225-44
.7,598-82
1890
7,562
3,997,094
399,664,486
2-336 ot»,
7,677,526
2,115,988,741
1-381
otfc
freight.
Government
company
MaU
Express
Telegraph
Car service
Rent of building
SUsceUaneous
Total
Expenses—
'
9,189,588
146,998
29,057,870'
165,111
1,107,919
39,669,600
43,049,248
$
7,876,075
8,688,619
Maintenance of cars
Maintenance of way
Renewal of raUs
General expenses
Taxes
4,552,778
243,541
798,441
1,496,S01
2,.3r>7,'296
26,013,551
Total
$
8,482,925
107,400
27,265,591
143,592
642,533
1,080,884
756,970
84,111
519,353
52,914
533,327
Transportation
Motive power
13,656,049
Net earnings
65-58
Per cent of oper. expenses to earnings.
INCOME ACCOUNT,
'
:
l,529,-203
692,770
106,309
572,197
60,-243
421,050
$
9,791,898
10,210,675
2,874,538
5,049,191
551,656:
866,004.
1,467,202
30,811,164
12,238,084
71-57
1890,
$
$
Netearnings
13,656.040
163,554
482,180
51.377
68,394
12,238,084
115,989
606,539
381,300
27,447
46,904
19,598
14,447,638
13,435,858
Central Branch Un. Pac. net earnings.,
Investments outside of system
Interest on K. P, consul, bonds repaid.
Miscdliineous land sales
OnebaU
rental Mon. Un. R'y
Miscellaneous
Total receipts
26,(i84
|
]
1389.
Receipts—
Miles.
* N. Co.'s rail lines. 1,028-60
$
14,000
*
Denver
Value.
(Acres.)
33,000
In Nebraska
In Wyom. Utah and Col.. 2,-200,000
15,672,050
4,489,563
1, 1890,
Estimated
Total.
(Acres.)
(Jicres.)
14,543,152
6,874,941
;
Pacific
Grazing AgricultHral
Lands.
Lands.
Union Pacific EE.
Passengers carried (No,)
Passengers carried one mile
Rate per passenger per mile
the Union Pacific system was enlarged
by the addition of the St. Joseph & Grand Island Railroad
the Kansas City & Omaha Railroad and the Oregon Railwav
and Navigation Co.'s rail lines on April 1, 1890, by the addition of the Denver Texas & Gulf, the Denver Texas
& Fort
Worth, the Road Canyon, the Chicosa Canyon and the Canyon
de Agua Railways (the companys owning the last-mentioned
railways having been consolidated on that day with
the
Colorado Central and other companies under the name of
the
Laramie N.
Land
1,383,015
590,336
13,698,697
Includes full amount of coupons due on the following day.
(2) Includes notes receivable held by the company, open
accounts
Omaha against railroad companies and individuals, and advances at
to
branch lines on current account.
Union
ESTIMATE OF UNSOLD LANDS ON DEC. 31, 1890.
Oranl.
433,801
355,447
13,753.903
(1)
"
"The deficit for the year 1890, viz., $375,086, as compared
with the surplus in 1889 of $975,763, is due to the large increase in the operating expenses of the system, the gross earnings for 1890 showing an increase over the previous year of
The increase in operating expenses is in part
$3,597,138.
accounted for by the fact that a larger amount of freight was
moved at lower rates in 1890 than in 1889. If the percentage
of operating expenses to earnings had been the same in 1890
as in 1889, the system would have shown a surplus for the year
of $2,479,976, after payment of all charges, instead of a deficit
*
*
«
«
of $275,036."
During the past year the system has realized from the sale
of $7,869,000 Oregon Short Line & Utah Northern collateral
trust 5 per cent bonds, $6,879,000 Oregon Short Line & Utah
Northern consolidated mortgage 5 per cent bonds (together
with stock sold), $3,550,000 Oregon Railway & Navigation Co.
collateral trust 5 per cent bonds, $194,000 Oregon Railway &
Navigation Co. consolidated mortgage 5 per cent bonds and
$135,000 Omaha Bridge renewal mortgage 5 per cent twnds,
the sum of about $17,750,000. The money thus realized has
been used as follows: CJonstruction of new lines, including the
line from Milford to Pioche, $3,838,000; betterments, improvements and equipment on the Union Pacific system, $8,286,000;
Portland & Puget Sound Railway, $1,362,000; construction of
depots, purchase of Pullman cars and construction of water
works, $754,000; purchase of Oregon Railway & Navigation
Co. stock, $3,482,000; increase in material on hand, $1,510,000;
purchase of equipment trust bonds, $316,000.
In the land department there were land contracts outstanding on Dec. 31, 1890, of $o.334,.503 on the Union Pacific
grant, and $4,419,565 on the Kansas Pacific grant. An estimate of the unsold lands and their value is given as follows:
*
Total
Ket floating debt
[Vol. UI.
!
;
.
i
.
.
Mat
2,
:
THE CHRONICLE.
18M.I
IflSO.
leoo.
9.333,949
e07,U42
1,090,114
9,604,406
1,004,489
e&l,820
731,184
06,714
16,007
377,417
147.046
Mtl>urttm«Hlt—
Intrr««t on bond*
61ukltiK f iiniln
Olviduiida on O. K. A NaT. tcook.
DlROOiiDt and iut<'reat
302,9ftO
109,321
00,042
DlRooant on bondn aold, Ac
LoM on roads oporaUtd Jointly.
82.a(Mi
Mlsoellaneonii
Prodtand
330,003
losa
12.310,867
8,180,771
1,168,007
12,057,172
8ur. 975,704
Def. 278,037
Total dtnbuniementa
BurplUH
United Bttttes requirements
Balanoe
778.6S(I
1,033,723
aiMIRAL BALAHCK AT CLOSE Or EACH YEAR.
1888.
1889.
$
»
i$KU—
Ac
1890.
$
104.997,724 185,160.005
48.622,942
Blocks itnd Ixiuda owuod, cost. 40,022,739
1.390.778
Ml«uollum<oii« Investments....
764.311
1.020.006
AdvuiuvH
9t98l,431
Materials, fuel. Ac
1.060.310
1,114,003
Cnob and oiiHh resotiroes, bsl
6,063,7.30
2.004.083
2,380,694
Sluklnn fiui.l ImliiMcos
Bondii UDd atiicks In K. P. tnmt.
3.217,250
8.213,001
6,201,000
Bonds held l>y Union Trust Co. 1,100,819
13.936,486
18,720,060
Land department assets
167.870.122
46,081,425
1,681.407
3,451,951
2,570,046
240.747.880
232,588,000
229.010,580
60.868,500
80.459.665
United States subsldv bonds... 33,539.512
Accrued Int. on .iiib.tidy bonds 10,860,390
Interest accnied not due
731,887
Float, debt (see details below).
joes). *18,767,462
General iueonie (prollt
Income uscil (or sinking fund. 4,744,854
Land and trust Income
24,779,029
60.868.500
82.090.586
33.539,512
17,363,254
741.192
4.4S0.564
60.868,500
73,968.885
33.539,512
Rfliul.
eqnlpinont,
. .
Total
Liaimiliet—
Stock
Funded debt
11,491,607
240,747,880
5.490,138
24,961,252
232,588.906
229,010,580
OREGON SHORT UNE A UTAH NORTHERN RAILWAY.
December 31, 1890.^
EARNINGS AND EXPENSE?.
('For the year ending
1800.
1,404
1880.
1,307
Onias earnings
Operating expenses and taxes
It htm been made baa randOTed
th*
expenditure necessary in order to put them in a condition to
<lo good and economical work. It Is confldently
expected that
for some yean to come this expenditure will not again haT*
to be incurred, and that this company will Ix-gin
thliH year
torealixethe advantages expected from the outlay that haa
•
*
•
been made."
" The price of iron had steadily declined from the beginning
of the past year, and is to-day about |2-00 jwr ton below
the
market price of February lust. The number of new fumaoea
that have >)een put into blast in Alabama. Tennessee
and
western Virginia during the past year has largely increased
the output of foundry and mill iron, and it is believed they
will in future so fully supply the demand for those grade*
of
iron as to prevent any considerable advance in its price. It
will therefore be to some extent a contest for the survival
of the fittest." • •
have no hesitotion in expressing
the opinion that the several plants owned bv the Tennessee Co3
Iron <Sk Railroad Company can successfully com|>ete with any
coal and iron plants located within the Southern States."
The remarks of President Piatt in regard to the offer of a
syndicate to purchase the Tennessee property were given at
length in the Chronicle of April 35, on page (M8, and the
meeting of stockholders will be held on May 7 to act on the
question.
Comparative statistics for four years, made up in the usual
"^
form for the Chronicle; are presented below
"We
OPERATIONS.
539,388
6,874.042
•4.449.1H8
6,102,204
25,230,105
* After dcd'rcting deflolt of U. S. requirements, as compared with
aoorued interest on U. 8. bonds February 1, 1880, to date.
Average miles operated;
seven! plants upon which
17,:i38,742
•3,041.it09
,fc
Total Uabllltles
2,746,037
3,213,001
679
1887-88.
IHritiont.
Tracy City, coals
Tont.
coke
15.5,253
Cowan, pig Iron
24,640
'•
S.
Pittsburg, pig Iron.
coals....
"
coke....
Birmingham, pig iron.
••
coke....
Pratt Mines, coals....
"
"
coke....
EnsIe.T, pig Iron
Inman Mines. Iron ore.
3.883,080
2,028,605
2,334,047
1880.
1800.
INCOME ACCOUNT,
Renlpta—
Net eariilngB
ii
,
,1,11.
ri-.„M
inreetmenta
$
9
2,6'28.GC5
50,.Tl8
2,334,047
821.273
51,280
11,612
3,078,117
3,218,212
1,834,870
15,423
2,577,412
201,110
1,789,190
47,182
345, .ill
53,423
M rental
l\)tal
•..
736.206
201.811
4.614,804
2.788,310
sur.289,798 def.l,3e6,e82
Total
Balance.
UNION PACIFIC DENVER A GULP RAILWAY.
the year ending Dec. 31, 1890.^
EARNINGS, EXPENSES AND cnAKGE8.
1880
Avetage miles operated
1,383
Tons.
Coke
Pig iron..
Iron ore..
Yrf profit
from —
Tracy City Division..
Cowan Division
South Pittsburg DIv.
Birnilnsliam Div
Pratt Mines Div
Kuslej Div
4,595.096
3,608,666
5,783,130
4,177,870
986,530
1,005,200
I
I
,
i
I
817
030,530
1,000,077
1.112.073
Rental of track
Discount aud interest and mUcellaneous..
"100.072
1,247,568
148.353
104.641
Balance
I
1890.
1,390
Total Income
Peduet—
Interest on bonds
Total.
1,221,745
def.
238,215
Tot%s.
24,.543
01,702
130,920
45.251
83,977
63.016
1.094,249
268,013
144,426
124,574
351,898
113.118
13.331
67.210
ie».31»
50,346
47.071
77,383
1,001.958
257.107
132,706
109,.508
2,318,113
2,451,070
1889-90.
1800-01.
Tonn.
1,37.\'>77
1,619,020
Tont.
1.583,170'
456.005
200,750
126,271
509,906
264,648
124,574
498,014
260.37S
100,808
1889-90.
1890-91.
.
Total
1887-88.
Tons.
1888-89.
1,500,502
8ur.10d.818
Tennessee Coal Iron & Railroad Company.
fFor the year ending January 31, 1891. .^
The report of the President, Hon. Thos. C. Piatt, says: " It
will bp observed from the statement of pro<luct that there has
be«?n less coal mined and less coke made, in Ixjth Tennessee
and Alabama, than during the years preceding; and at Cowan
and Ensley there has been less iron made than during the fis<'a\ year 1889-90.
Tlie Cowan furnace was blown out for reirs in the month of February, 1890, and was not blown in
un until the latter part of August following. Two of the
i^usley f urnacps have been re-lined, each of them being out of
blast for that purpose about four months.
The two Alicp furnaces were banked for two months on account of a strike by
the miners employed by the company in Alabama. These
causes account for the falling oS in the production for the
past year. They also account for the decrease in the production of coal and the amount of coke made in both Tennessee
and Alabama. All of the furnaces are now in blast, and all
but two of them having b«'en put in order during the last two
years, a better result is expected for the next twelve months
than has ever before been realized."
«
»
«
" The amount of capital expended during the past year has
been large, but it has been unavoidable. The condition of the
$
$
Miscell. iiiterest...
Dividends
MisoellaneoaB
t
94.709
60,941
84,012
200,931
185,722
127,878
103,707
7,174 Lofts 11.108
27.641
08.101
76.382
3.028
213,289
320,130
213.728
297,442
620,075
666,002
781,300
063.890
263.748
14.531
98,300
322,201
14,406
40,000
351,484
14,006
80,000
7,577
355,956
15,082
80,000
376,.')70
870,097
289.395
483,727
327,573
458.980
200.001
260,390
GENERAL RALANCE SHEET
$
Add miscellaneous Income
78,089
120,271
Deduct—
Interest on bonds.
Total
Balamoe. sarploa
CFor
Net earnings
1!»6,059
107,750
1,100,364
329,987
1 Oil, 100
107,750
,
Gross eamtngs
Operating expenses and taxes.
15,266
4.014
41.050
64,071
718,834
106,649
1890-01i
387.851
133,020
INCOUE ACCOUNT.
IHnlnirgentntls—
Intoreston bonds
Sinking fund
Loss on leased linos
Higcellaneous
43,.564
1,707,201
Coals
Net earnings
1889-00.
Taru.
413,631
154.414
18.112
66.770
73,699
20.346
47,770
70,780
888,247
2,139,203
RECAPITULATION.
1887-88.
1888-89.
Totals.
7,488,031
5,153,084
6,512,.345
1888-89.
Totu.
426,274
1880.
Assetsr.8nd aooonnt
9
Total assets
2,981
JAN. 31.
1890.
10,592,442
Permanent investments
5,301,589
Stocks and bonds
100.712
Real estate
11.983
Stocks of coal. ore. iron, etc
471,474
Sundry debtors on open accounts.
878,568
''ash and bills receivable
63,047
Suspense accounts
35,114
97.586
Loss 5,380
1.484
66,044
311,004
103,152
1891.
•
9 ,807.059
8, 310.624
9,682.846
5,317.«0a
5,500
2,500
1,000
83ft
463,788
642.164
109.257
71.489
100,163
117,188
17,220,899
16.407,881
16,342.835
9,000,000
1,000,000
8,141,361
394,833
9.000.000
1,000.000
5.202.360
346.712
67.177
346.903
827,573
9.0OO.00O
l.OOO.OOO
8.187Jlft
365,037
66,46»
436,216
77.384
309,90S
16.407,881
16,343.83&
484,066
633,e6<V
LiabUiUtsSloelr,
oommon
Stock, preferred
Bonds, leas sinking funds.
Bllispayable
Interest accrued, not due, etc
Duo on open account
Due to employees
.'.
ProUtand
loss
Total Uablhtles
321,326
112,380
1,261.300
17.220.899
117,1.56
Pittsburg & Lake Erie Railroad.
fFor the year ending December 31, 1890.^
" Upon
The report of Mr. John Newell. President, says
the request of vour board, and that of the board of directors
of the L. S. &'M. S. Ry. Co., the shareholders of the P. McK,
& Y. and of the McK. & B. V. companies voted on November
rith last to merge and consolidate the two comp.inies.
To
effect this purpose the P. McK. &Y. Co. sold, at the request of
:
the lessee companies, 14,000 shares of their stock, at the rate
of $57'7S per share, and bought at par and accrued interest
the like amount of McK.
B. V. stock owned by your com|mny. and canceled the same. The premium obtained for
this stock, less $3.^,000 accrued interest, amounting to |7S,5<K>,
is reserved to b«> exi)ended in improvements of the Belle Visrnon line, which will hereafter l<e known as the Monoogabala
»
•
•
Division of the P. McK.
Y. Road."
" To provide means for the outlays on oonstmotioa and
equipmoit accounts for the year, 18,M0 shares of P. ft L. B.
&
&
THE
680
CflKONICLE.
and the prostock have been sold to the shareholders at par,
from last year,
ceeds, together with the balance brought over
right of
have been expended for second track and sidings,
way and new equipment, to a total amount of $850,968, 'eav'i'g
balance applicable to construction for year 1891, $134,335.
The line and equipment were inadequate to move the tonnage offered during the year, and to provide greater facilities
from
the board authorized the construction of a second track
Aliquippa to the Ohio River bridge, and from Wampum to
«
»
»
New Castle Junction."
,
^,
,
,
,
"Continuing the practice heretofore adopted, the surplus
and
charges
fixed
the
of
in
excess
company
the
earnings- of
divid«nd8 have been applied to improvements, and $510,b48
baa been expended for these purposes as follows Renewal
conof road bed and track, $448,873 right of way, $53,783
struction cars and excavators, $13,991.
Earnings and charges for two years were as follows:
EABMIKGS AUD EXPBKSE8.
mCOJIB ACCOUNT.
1889.
Eliminii$rrom-
qqfoq'i
PaBsengcra
Fieight
o SSvVaS
^'Tnt'fifo
lOd.bit)
Mall, express, etc
Total earnings
Operatiiig expenses and taxes
2'?5'.'?^'^
^
2^404,404
Net earnings
Per OBut of expenses to earuinga
941,329
1,236,866
56,250
225.000
Improvement account
800.709
30,872
11,226
680,202
47,110
Total
Surplus
887,831
53,4a8
963,538
273,328
Total
Dediut—
Interest on bonds
Interest on loans
Rentals
$
514,445
3,40a, 1 80
9?,963
4,010,587
3,062,698
947,889
1889.
1890.
$
$
76-37
IHOOUS ACCOUNT.
947,889
847,490
Netearninga
Deduct—
Interest on bonds
KentalP. McK. <feY. ER
Id proUt r. McK. & Y. RB., paid L. 8.
Dividends
1
& M. So. ...
}
>
GENERAL INVESTMENT NEWS.
Alabama Midland.—Interest on the first mortgage bonds of
Alabama Midland Railway Co., which was supposed to
the
have been guaranteed by the Plant Sys'em, is not being paid
to-day for want of funds. We understand that the Plant Investment Co. of this city, which controls a majority of the
stock, is buying the coupons. The interest due to-day is 3 per
cent on $2,800,000.— £ternaw'«. May 1.
Brooklyn City (Horse) Railroad The stockholders have
—
ratified the action of the board of directors in authorizing the
issue of bonds to the amount of $6,000,000 to pay off the present indebtedness and provide for the change to electricity as a
motive power.
Called Bonds.
payment:
—The
following bonds have been called for
Cc—
&
(197,998
429,^23
(106.135
184,500 (6%)212,250
WiLKESBAKRE COAL
Sterling mortgage 6
Lehioh
per cent bonds dated 1874, due May 1, 1899, to be paid at the
company's offices, Liberty, Wasliington and West streets, interest ceasing on May 1 ult., 110 bonds of £200 each, viz.:
945,611
2,278
Nos. 5,280, 5.318, 5,595, 5,604, 7.754, 7,781, 7,786,7,739,7,810,
7.825,7,873, 7,888, 7.905, 8,062, 8,086, 8,126, 8,1:16, 8.152, 8,160,
8,204, 8,207, 8,215, 8,226, 8,227, 8,'236, 8,-239, 8,312, 8,322, 8,386
8,394, 8,433,8,435, 8,439, 8,484. 8,511, 8,529.
662,091
}
847,490
Total
«
1,123,306
113,560
1890.
847,490
73-93
1890.
912,939
28,390
;
1889.
$
Net earnings
Otlior Income
:
;
[Vol. LII.
Balanoe
Terminal Rl*. Association of St. Lonis.
The remaining seventy-four (74) bonds issued in London wUl
f For the year ending December 31, 1890,^
This company operates under lease the St. Louis Bridge & be paid at the office of the fiscal agents of the company,
Tunnel Railroad. The report gives the following statement Messrs. I. Thomson, T. Bonar & Co., London.
of the number of cars of freight transferred, revenue per car
Charleston Cincinnati & Chicago.— It is reported that an
and per 100 pounds, as compared with previous year
agreement is likely to be readied among the bondholders per1889
mitting a new mortgage to be issued as a prior lieu for $4,000,1890
$1,011,6*42
Freight revenue
$1,166,464 000. This would provide the means for completing the road
4-50
4-51
Revenue per car
enhance the value of the bonds now outstanding.
01-510.
do
do 100 lbs
01-63c. and
Loaded cars transferred
224,204
259,187
Chicago & Eastern Illinois. The following statement of
Number of tons
3,341.815
3,818,229
twelve months ending March 1, 1891, has
14-90 tons
14-73 tons earnings for the
Average load per ear
Empty ears transferred
153,353
178,197 been given to the New York Stock Exchange with their application to list bonds:
5ffrhe following shows the direction of the loaded freight
Gross earnings
$3,463,126
cars and of the tonnage carried in 1890.
:
—
•
Cars eatibmmd.
Local
Oar$ westbound.
17,981
89,083
Xbrougb
I
|
Local
Tlirough
57,898
84,225
117,064
142,123
Tonnage eaitbound.
Tonnage wealbound.
Local
158,726 Local
864,010
Ttoough
1,360,946 Tlirough....;.
1,434,541
WB8
,
Operating expenses and taxes
Kenials
Interest on bonded debt
Not
profit for the past
$1 ,794.232
199.219
766,175— 2.759,627
12month3
.*703,468
Amount
required to pay 6 per cent on preferred, $'?89,242,
leaving surplus of $413,656, equal to over 6}^ per cent on the
common
stock,
Chicago Roclc Island & Faciflc— Chicago Kansas & NePresident Taussig remarks: "The disproportion between braska. The Chicago Kansas & Nebraska Railroad was sold
the volume of through and local (St. Louis proper) business in Topeka, Kan., by the United States Marshal to satisfy the
is apparent from a glance at the above figures.
Of the entire mortgage of $26,0()0,000 against the comoany in favor of the
259,187 loaded cars which we have carried across the river, United States Trust Company of New York. The road was
only 75,879 were carried to and from this city. Deducting bought by Edward W. Sheldon, of New York, acting for the
from this the coal for city consumption there remain only Trust Company, for $25,232,000, the appraised value of the
road. By this foreclosure and sale the stock is wiped out.
13,678 cars of merchandise and package freight, or
1.519,672
ten per cent of the vast
2,298,557
amount of
only about
I«uis merchandise
St.
which we have handled and for which we have
collected
the
mucli abused and much misinterpreted
" arbitrary," which averaged during last year, as per statement above, 1-6 cents per 100 pounds. The other ninety per
cent was carried by teams across the river, and the arbitrary
for it was paid by merchants partly to the St. Louis Transfer
Company, an organization largely owned by the Wiggins
Ferry Company, which is under contract in perpetuity to use
that ferry exclusively for its business and whose teams, therefore, never cross the bridge, and partly to the hundreds of
private teamsters who are engaged in that business."
*
*
"The proprietary lines which practically own the bridge
and are responsible for its fixed charges give the largest
amount of their merchandise business to a corporation which
has bound itself never to use the bridge, and whose revenue
derived mainly through the owners of the bridge,
goes to a
competing feiry. This interdict against the bridge we should
not tolerate any longer, and I shall submit to you shortly
a
plan under which we shaU be able to secure our
leeitimate
traffic
proportion of that business."
The earnings and expenses, and income account, for
years,
was
as follows:
KAJININOS
^^g^'
Eami7igs-
Total
I
,
'.'.'.'.'.'.'..
Net earnings
Operating expenses to earninga, per cent.
.
.
741^
& Dayton.—The
Cincinnati Commet^
stockholders of the Cincinnati
Hamilton & Dayton, by a vote of thirty-five thousand four
hundred and twelve shares, unanimously decided in favor of
the proposition to ratify the lease of the Cincinnati Dayton &
Ironton for ninety-nine years, renewable forever, the consideration being that the C. H. & D. shall guarantee the principal and interest of $3,500,000 fifty-year 5 per cent gold bonds,
secured by mortgage on the Cincinnati Dayton & Ironton.
"Under the conditions one-half the net income will go to the
stockholders of the C. D. & I., and one-half to those of the
C. H. & D., who are largely the holders of both stocks. The
money is to be applied to the widening of the narrowgauge portion of the C. D. & I., and bettering and equipping
the whole. The entire system will be managed by the present
C. H. & D. officers. It is believed to be a good investment for
the C. H. & D. people, and it certainly is such for the gentleman who bought up the old Dayton Fort Wayne & Chicago,
Ironton, securities. The date of
now Cincinnati Dayton
the annual meeting was changed from June until March.
"A proposition was mooted and will be acted upon by the
directory and placed before the stockholders, at a meeting to
be called for the purpose, to limit the issue of what is known
as the 'Eagle" preferred stock to $1 ,000,000. Tliis is the stock
authorized for the purpose of retiring disputed stock issued
under the Ives regime."
Covington & Macon. Judge Miller, in the Superior Co-art,
Macon, Ga., has granted a decree allowing a foreclosure of
the mortgage, amounting to $1,475,000 in bonds, principal and
interest, and ordered a public sale of the road, to take place
on May 21. The minimum bid must be $1,000,(00. TlieRichmond & Danville and Central of Georgia are practically the
bondholders of the Covington
Macon.
Cincinnati Hamilton
cial Gazette reports that
tlie
&
'
341,054
EjL^i?50"
rrelgnt
^ Oil 643
Mall, express and mlsceUaneous.' .'!!!!.' .'.';.".'.' '3891218
Operating expenses and taxes
two
AND EXPENSES.
—
1890.
$
353,279
1,166,464
409,570
9 j^K
'828',976
912,939
47-59
1,123,306
41-77
—
&
',
Uay
THE
3. 1891.1
(
HRONl'
A
dispatch from Little Rock. Ark.,
l.lttlc Rock Oil Co.—
state* timt all the cotton-oil mills In that State, oxceptinn tli
Sontliorn Co. nt IaU\i> Ilock, havo boon consolidattxl into oii^
orRanization, to bo known as tho Litt lo Rock Oil Co. Tlw
capital is $-.',000,000, and J. A. Urquhart is President. OfflcinlH
of tho American Cotton Oil Co. say that this consolidation is
made for tho purpose of concentratinR economy in niana^nment. Jules AldiKo has resigned the Presidency of tho LouiHiana Company, which is part of the American Cotton Oil Co.
•
Mexican Central.--The recent meeting
of
Minneapolis & St. Loni.s.— Couiion No. 27 of the Merriam
Junction UmuIs, duo January 1, 1891, and coupon No. 18 of
the Pacific Extension bond«, "due April 1, 1890, are being paid
at the Bank of North America, witli interest to May 1, and at
the Farmers' Loan & Trust Co. will bo paid coupon No. 26 on
Merriam Junction to State line issue, due Juno 1, 1890.
New Rondsand Stocks Authorized or Offered.— The following; is a list of new issues of securities now offered for sale, or
soon to be offered
Ali.iani-e, Stark Co.. Otiio.— $30,000 ecwer and $20,000 street Im
Francisco Railway Company and tlm countul
'•
•
company, tho snocial nieetinga'/
(>th and 7th of May hare been
•
provemciit bonds arc nuthorlzpd.
AnAMs .V Sons Co. ok Hk oklvn, N. Y.—WOO.OOO preferred stock Is
offeroil tij- tlip Frnukliii Trust Co. of Brooklyn at par. Full partlouliirs lire trlven in o>ir lulvortisiiiK columns.
BELI.KFONTAISK, Ouio.— $100,000 mi per ooutboiids are offered by C. L.
Bmitli, Clerk.
Boston, .Mass.—$500,000 school house bonds arc authorized.
f'25,000 cemetery twuds are authoriztd.
BKAI.I.SVII.LK, Ohio
BuooKLVN.— »'.','u>.'ioo school bouds are authorized.
Ohio—
Casti)N,
i!i.5.00() school deficiency bonds and $23,000 scboolhouso bonds are nuthorizod.
Cl.'iCi-^NATi, Ohio.- SiOO.OOO water bonds and $50,000 park bonds will
be Issued.
Cleveland, Ohio.— $10,000 Morgue bonds are authorized, and also
—
bridge repair bonds.
Ouio.— fiao,000
street
of tho rallw.iy
,v.-,| for tho
)i
aiil 2H0\
resp(jctivelv, so a» to en.,
,.:.;,
i;rred com,
mittee to present their claims to the tJourt and hare them
passed upon in advance of the meeting. 'This arrangeinait
of
May
<
j
was by agreement betwean counaal, and for
Uieir
mnttuU
convenience."
:
JTorcA.
OroMrocelpta
Qrow ezpCDMM.
Noteamlnn
Other not
Improvemant bonds are author-
rooeipta....
Total
Deditrt—
Ponuaaont Imp'm'ts.
Prop't'D
yVa
ohargea
Total
—Dee.
,
1
lo
Uarrh 31
,
1890.
1891.
•
•
•
1,B08,747
1,951,400
0,014,0^1
6,420,.'iII9
973,350
958,034
8.77.3.001
S.tn.OM
535,888
2,270.447
19,184
503.360
16,200
12t,><04
2,603.4»t
IMfiS'i
634,572
609,566
2,395,311
3,759,016
47,279
098,504
41.411
620,389
311.013
183,fl7^
2,301,uls
2,i0.''>,3iia
2,705,001
df.309,750
tr.l00,9&a
Railroad Oomt't.
IHHU-itO.
180O-9I.
•
645,783
061,800
Balance
df.gi.211
df.52.234
Otom receipts
1,204,627
Operating expenses.
1.2i:i,960
1,354,063
1,408,159
Net earnings....
Deduel—
df.9,333
df. 53,192
Colliery tmp'ntg....
Permanent Imp's...
Pro'n year's charges
70,291
73,382
68,511
68,000
144,802
154.139
159,140
212,332
904,245
493,298
dt.91,211
df.52,231
df.309,750
902,650
100,992
df.219,346
df.264,566
df.903,043
df.392,701
Coal A Ibon Co.
:
$'J<)0.(X>0
681
Phlladelpbia* Reading.— The statement for March and
Mexican Central for four months of the fiscal year shows the following
directors rcsulud in tlie election of Treasurer S. W. Reynolds
as President, in place of Hon. Levi C. Wade, deceased. Mr.
Reynolds is thoroughly familiar with tho company's affairs
from ionjf service, and it was a well-deserved promotion to
advance him to the presidency of the company. Ofllcial
copies of the annual report have not yet come to hand, but
will be received in time for the next Chronicle.
Coi.i'MBiASA,
LE.
4,60H,5U'i
70,94*7
290,203
17,7.58
Total
Def.ofCoal&IronCo
Sorplusof KB. Co..
Bal. both Cos,.,
4,670.945
274,042
2,040,004
5,950,747
5,423,351
127,396
286,017
71,135
272,000
630,0.52
Texas Central.— On the 22d of April the Texas Central
Railway was sold under foreclosure and bought by the bondholders' committee for $750,000. All but $178,000 of the ^.399,000 first mortgage bondf have been depo^iited with the
Farmers' Loan & Trust Company. Notice is now given tliat
these outstanding bonds will bo received until ilay 11. 1891,
25-ycar water bonds are offered to
upon payment of $10 per bond and thereafter, until May 19,
blddors till May IS
1891, upon payment of $100 per bond.
Galio.n. Ohio.— $15,000 school-house bonds will t)e Issued.
H. H. Wakner & Co., Limited.— 10,000 shares pref. cum. 8 per cent
Union Pacific. The annual meeting was held this week in
stock and 5.000 shares common stock are offered by Messrs. 8. V.
White & Co., .New York and CUicaKo. and associates. Details ol tho Boston. Resolutions were passed which had been adopted by
the directors relating to the agreement with the Chicago
compiauy's business. &c.. are irivcn In our advertising columns.
Hamilton Co.. Ohio.— WO.OOO Loui^iow Asylum bonds are authorized. Milwaukee
St. Paul Railroad Company, dated April M,
LoKAiN, LoKAiN CO.. Will issuc $100,000 manufacturiug-aid bonds.
Lehigh Valley KR. Co. of N. Y.— $4,000,000 4»4 per cent 1st mortgage 1890, which was executed by the executive officers of said
company, by which the Union Pacific Company purported to
(fold bonds (total authorized $15,000,000) are offered at 101 ^a ami
Interest by Me-*srs. Brow.i Bros, and associates. Particulars as to lease to the said Milwaukee Company full, c^ual and joint
terms. Sec, will bo found in our advertising columns.
possession and use of certain of its main and passing tracks
Marietta, Ohio.— .*50,0(io improvement bonds are authorized.
on other property; also relative to the agreement with the
Mansfield. Ohio.— $100,oOO improvement bonds are authorized.
MiDULETOWN, Ohio —$50,000 school house bonds are authorized.
Chicago liock Inland
Pacific Railroad Company, under data
MAKrsviLLE, Ohio.- $20,000 street improvement bonds arc authorlzad. •of May 1, 1890, and executed by the executive officers of the
MiNNEAi-oLis, MiNN.-$23,000 Uospital bonds are authorized.
UISSODLA, MoN.— $05,000 7 per cent sewer bents, due in 20 jears company. Tho resolutions declare that the Union Pacific
(payable iu 10 years); $2r},(K)0 7 per cent bridgB bonds, due in 20 Company has been advised by its counsel that the said agreeyears (payable in 10 years). Bids will be received byH. 8. Ilob- ments are «/<ra rires, and that its executive officers had no
litzeli, City (.Icrk, till Ma< 23.
lawful power or corporate authority to enter into the same or
New Yokk Citt.— 1^2.1)00.000 school bonds are authorized.
Obanoe, Mass.— .$2"i,000 i per cent sower bonds, due 1911 and after. to execute them, and therefore the action of tho present
Bids will be received at National Hide <fe Leather Bauk. Boston.
executive officers in defending the suits brought against tho
Paihesville. Ohio.— $6i).0O0 street improvement bonds will be issued. Union Pacific to enforce these contracts is approved.
Passaic CoUNTv, N. J.—$40,000 5 percent road bonds. due 18U5 to
On motion it was voted to authorize the directors to issue a
18U9. Bids wUl be received May 9 at the Court House, Patarson,
N. J.
collateral trust mortgage upon any of the securities in the
PAl7i,Dmo Cbmtbe, Ohio.— $50,000 street Improvement bond are au- company's treasury, to pay the floating debt or for any other
thorized.
purpose. This is .Jay Gould's new collateral trust mortgage
BANDUsKir Co., Ohio.—$1.50,000 Court House bonds are authorized.
(not a general blanket mortgage which has been talked about
Toledo. Ohio.—$1 5,000 bridge bonds are authorized.
Waltham. Mam.— -150,000 sewer 4 per cent bonds, due In seven to in the newspapers for some time past) aud he is quoted in the
eleven years Bids will bo received by M. B. Leonard, Chairman Sun
as saying : " The proposed new collateral trust 5 per cent
of Committee of Finauce. till May bth.
mortgage will be $25,000,000, but not more than $10,000,000
WooDLAws, Ala ii;i0.4)oo improvement bonds are authorized.
Xenia, Ohio.— $100,000 bonds will be issued.
will be issued at present.
It may not be necessary to mak«
New York Lake Eric & ITestcrn.— This company has made an^ stock bonus with the issue, as the Union Pacific's credit
ized.
Dalles Crrr.
Oregon. —$23,000
—
&
&
-
—
an arrangement to extend the bonds issued by the Erie liailway Company and (secured by a first mortgage of the Buffalo
Branch, which Iwnds mature July 1, 1891, for 40 years from
this date, with interest, payable semi-annually, at the rate of
4 per cent per annum, both principal and interest being payable in gold. The bonds of such ^holders as do not desire to
extend them will be purchased at maturity at par on presentatioD at the office of the company.
Norfolk Southe'n.— Norfolk & Southern.—At Elizabeth
C, on the 29th ult., the Norfolk Southern Railroad
was sold, under foreclosure of the first mortgage, for |500,000
to John G. Moore and Gen. Van Nest, of New York, representing the reorganization committee. The company will be
reorganized as the Norfolk & Southern, with a capital stock
of ^,000,000, which will be divided among the asscutiog
City, N.
holders' of the old securities in accordance with the plan. A
first mortgage to provide for betterments, extemiions,
&c., TV ill probably be authorized.
new
Pennsylvania.— The Pennsylvania Railroad lias declared a
semi-annual dividend of 3 per cent, payable May 29, to ihf
stockholders of April 30, either cash or in scrip, convertible
into stock when presented in sums of $50, said privilege to
cease August
1.
St Louis li San Francisco.— The holders of first preferred
stock have apparently endeavored to force coaclusions by
applyins; to the Courts in St. Louis to have a receiver appoiti!
liis company.
To-day, Friday, Kieman's says:
"By
ut between the counsel of committoe representiug arse preferred stockholders of the St. Louis
San
I
&
improving so rapidly but as yet nothing has been determined about any stock issue. We ought to realize $9,000,003
*
•
cash from these bonds.
It will ultimately become
a first mortgage upon the Kansas Pacific main line. There
are outstanding $5,887,000 Kansas Pacific consolidated mortmortgage bonds, due in 1800, and the sinking fund
in the hands of trustees, together with the Kansas Pacific
lands, will, we figure, amount at the maturity of the bonds
to such a sum as will not only pay off these bonds but leav*
a Burplas of $6,178,000. The new mortgage will also cover
the bonds held by the Kansas Pacific trustees. They will also
bo secured by tjiiion Pacific Denver & Gulf consolidated 5
per cent bonds, of which we have $7,137,000 in the treasury:
by Oregon Short Line & Utah Northern consolidated 5 per
cent bonds, amounting to $1,811,000; by Oregon Short Lone
* Utah Northern collateral trust 5 per cent bonds, $<,031,00'"
and by other bonds which are set down in the report amr
our $31,727,000 of bond assets. These bonds will be \w
may be needed in the new collateral trust mortgage,^' »
shall also ure the new bonds issued upon the Union
is
;
coal properties."
The following-named directors were elected: F
.\mes, Edwin F. Atkins. F. Gordon Dexter, of BH. Cook, Sidney DiUon, Grcnville .M. ILkIk-c,
New York; Marvin Uughitt of Chicago, Marr
Cleveland, Henry B. Hyde of Now York, Jo
Omaha, Alexander E. Orr and Russell P
John Sharp of Salt Lake City and S.
This is the old board of directorw, with
Clark, who was elected in place of Wd-
H
—
..
THE CHRONICLE.
682
1,
Friday, P. M., May 1, 1891.
as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 59,538 bales,
The Movement op the Crop,
1891.
bales the previous
1st of Sept., 1890,
6,568,311 bales, against 5,700.969 bales for the same oeriod of
1889-90, showing an increase since Sept.l, 1890, of 867,342 bales.
Receipts at
July delivery
August delivery
o
iSeptemter delivery
o.
Sal.
Man.
6-96
7'11
7-25
7'37
7"61
6-88
7-03
7-15
7-28
7-42
Tuet.
6-95
707
719
7-33
7'46
Wed.
6-95
7-07
7-17
7-32
7-45
17'90c
17-8oc.
17-30C.
October
New Orleans...
Mobile
1,427
1,492
6,829
1,418
314
410
21
5,030
118
950
76
766|
17,146
1,711
1,704
2,575
761
2,099
1,111
1,795
10,045
213
331
559
977
1,797
5,935
2,384
1,464
1,387
674
1,824
704
629
134
70
107
28
25
79
624
489
1,738
523
827
710
493
122
301
505
358
323
440
205
100
259
153
423
450
653
534
1,142
744
3,946
7,630 10.83-
9,279
59,536
456
475
347
trwp'tN'8,&c.
New York
Boston
Baltimore
PiiUadelpli'a.&c
917
6,309
25
week
8,3%6 11,100 12,204
65
273
620
1,198
1,735
290
Thur
Fri.
7-00
7-12
7-24
7-36
7-50
G-98
7'10
7-21
For comparison we give the following table showing the
week's total receipts, the total since September 1, 1890, and
the stock to-night, compared with last year.
7-34
7-47
N.ivemlier
December
15-85c.
15'30o.
16-20c.
for the week of 25@40 points.
slightly easier to-day at SJ^c. for fair refinfor centrifugal of 96 deg. test. The sales
ing Cuba and 8%c.
embraced 8,500 bags molasses sugar, 89 deg.
6,587
West Point...
;
August ...... 17-350.
September
16 75o.
an advance
—showing
Raw sugars were
I
1,496
NorJolls
;
I
618
Wa*'gton,&c
;
May
Total.
782
Totals tills
;
July
Fri.
582
(VUmington
;
Jaae
Ihurs.
1,870
Charleston
Port Royal, &o
dull, and at the close prices are barely mainquoted at $13«$12 50 for old mess, $13 7o^.?14 25 for
mew mess, $11 50JS12 for extra prime and $13 50(S$15 50 for
dear. Beef is scarce and dearer extra mess, $9 50^* §10 50
packet, $10 50@§11 famOy, §11 50 ft $12 per bbl. extra India
mess, $17(*$19 per tierce. Beef hams are steady at |18 *$18 50
per bbL Cut meats have been rather more active, but close
dull and weak, quoted as follows: Pickled bellies, 5^g§6c.
pickled shoulders, 4J|^ia4^c., and hams, Q}^^'^9%c. Smoked
shoulders, 5?^'a6c., and hams, 'I0^£@10}^c.
Tallow closed
firmer at 5 5-16c. Stearine is quoted at SigSJitC. in tierces and
oleomargarine at 7%a7i^c.
Butter active at 24 a 29c. for
•creamery. Cheese is unsettled.
Cofifee on the spot lias been firm, and to-day is more active;
Bio No. 7 is quoted at 18830., and the sales embraced 4,000
bags Santos No. 6 at 19i^c. and 1 ,000 bags No. i at 19J^c. Mild
grades met with a moderate demand. The speculation in Rio
was moderately active at hardening values, and prices further
improved to-day on small receipts at Brazilian ports. The
close was steady, with sellers as follows:
;
Wed.
Tiies.
1,239
Brunsw'lj, &c.
Pork has been
tained
Mon.
Sal.
Florida
markets as for some weeks past, and to-day showing depression in the face of a buoyant com market.
D^LT CLOSING PKICBS OF LARD POTCTBES
o.
c.
o.
—
Galveston
El Paso, &c...
Savaunali
hours weekly. Labor troubles wear a less serious aspect, and
the purpose of coal miners to strike for eight hours a day has
been pretty generally abandoned— for the present at least.
Lard on the spot has been dull, and closes barely steady at
6-35@6-40c. for prime City and 7c. fcr prime Western, with
refined for the Continent quoted at 6-95j7-35c. The speculation in land for future delivery has also been dull, with an
unsettled tone, no longer sympathizing fully with the grain
delivery
71,313
week, making the total receipts since the
materially reduced the purchasing power of the people, and
business circles reflect this circumstance very plainly. The
Fall River cotton spinners are induced by large stocks and low
prices to propose to close their miUs for a time or run fewer
June delivery
week and
against 64,733 bales last
The weather has been generally springlike. The speculaprices, and
tion in breadstuffs has been at a sharp decline in
trade
General
Chicago.
from
reported
was
failure
a heavy
continues dull. Strikes, reduced wages, poor crops last season and the increased cost of living in towns and cities have
May
OT TON.
C
gkc ^onxmtvcml *gimts.
COMMERCIAL EPITOME.
Friday Night, May
[Vol. LII.
2^c.
Refined sugar in fair demand at 5J^c. for standard crushed
and 4i^c. for granulated. Sugars for future delivery have
been dull and close nearly nominal at 3-46(S!3-54c. for May
test, at
1890-91.
Beceipt$ to
This
Week.
Mayl.
Salveston...
Mobile
Florida
Savannab.
..
Bruns., &c.
Obarleston ..
P.Boyal,&c
Wilmington
Wasb'tn,&c
Norfolk
West Point.
NwptN.,&o
New York.
..
Boston
Baltimore.
2,000
17,146 1,964,668
282,009
1,711
43,211
10,045 1,073,436
917 181,183
6,309 484,990
4,316
25
977
1,928
791
124
5,935
2,384
3,744
605,320
329,646
91,127
122,485
103,123
48,803
52,780
620
1,199
1,735
3,946
59,536 6,568.311
Totals
189
367
834
185,966
..
Phll'deI'a,&o
This
Week.
970,970
23,716
6,587
ElPa80,&o.
New Orleans.
1889-90.
Since Sep.
1, 1890.
1,528
252
1,655
1,208
766
439
523
Since Sep.
1, 1889.
835,151
23,212
1,901,475
238,851
32,265
924,172
161,450
318,632
1,833
132,766
3,740
398,753
323,091
57,431
113,008
70,129
87,524
74,427
16,586 5,700,969
Stock.
1890.
1891.
18,728
4,033
199,610
23,532
65,580
6,766
33,836
511
19,016
10,319
7,610
3.978
9,863
4,502
7,813
953
135,172
5,000
5,000
8,179
150
118,674
5,000
470,542
233,47T
761
1,831
8,575
In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
Receipts
at—
SalT'ston, &o
New
Orleans
Mobile
1891.
1888.
1889.
1890.
2,000
4,816
6,587
17,146
1,711
10,045
6,334
2,678
7,342
1887.
1,484
10,740
479
4,004
we
1886.
1,747
10,899
2,068
3,850
3,717
189
402
216
135
Savannah. ..
1,928
2,927
3,894
1,561
a-aiaS-SSc. for June and 3-50r83-60c. for July.
Molasses
791
2,127
2,871
598
more active boiling grades quoted at IBJ^c. for 50 deg. teat, Cbarl'8t'n,Ao
977
124
191
100
89
755
and a cargo of ManzanUla sold at 16c. The tea sale on Wed- Wllm'gt'nj&c
5,935
1,528
347
1,316
6,99(
4,486
nesday went off at steady prices for greens, but blacks were Norfolk
3,004
•W't Point, Ac
1,907
325
5,117
2,651
4,807
<«a8ier under increased offerings.
7,797
3,303
4,017
5,528
4,002
8,608
Kentucky tobacco has been in fair demand and sales for the Allotbers
week are 350 hhds. It is announced that on May 30 Italy rot. this week 59,536 16,586 28,242 32,603 13,077 39,150
•will contract for 16,000 hhds., and early in June France
will
want 10.000 hhds. The two governments will also want Since Sept.l. 6568,311 5700,969 5417,170 5255,866 5135,231 5078,348
hhds.
Virginia, 2,200 hhds. Ohio and 7,000 hhds. Mary3,200
The exports for the week ending this evening reach a total
land. Seed leaf has been more active, and sales 1,617 cases
of 114,311 bales, of which 81,301 were to Great Britain, 8,734
as follows: 300 cases 1889 crop, Pennsylvania Havana
to France and 24,286 to the rest of the Continent.
Below ars
131^(3300.: 640 cases 1889 crop, Pennsylvania seed, llVfdl5c
the exports for the week, and since September 1, 1890.
112 cases 1888 crop, Pennsylvania seed, 13i^@15c.; 115 'cases
Week BnHna Stay 1.
From Sept. 1, 1890, to May 1. l»8l
1889 crop, New England Havana, 14342Uc.; 150 cases
1889
JBxportwJ to—
Exported tocrop, State Havana, 14(3280.; 150 cases 1889 crop,
Smxfts
Wisconsin
Great
Oonti.
Great
Total
Contifrom—
Havana, 7® 121^0., and 150 cases sundries, 7@ 85c.;
v-, aiso
Ibtal
also ow
500
Brtt'n. France nent. Week. Britoin. France
nent.
;
•
Havana, 70® II
15.
Refined petroleum
is
bales
^^ and
quoted at
7-15c. in bbls., 9-20c in
6-25c.; crude, 6-70c.' in
certificates sold to-day at 68(21
figures.
Spirits turpentine is
f^": \° »'^''' naphtha,
4-15c. in bulk; crude
^"^A^A
bbte.
69>^c., closing at the
higher
lower at 39@39Kc., under weak Southern advices
are
more
active at $1 67>i(i $1 70 for strained.
"""'"^'-
TalS'arTttr slow.
On the Metal Exchange
^'"^ '^""^
Wool
Rosins
is
some
^ull prices,
but
Straits tin has advanced in
the
course of the week, with sales to-day of 75 tons
at 19-80c for
May and 20c. for September. Ingot copper remains
entirely
nominal. Domestic lead is quiet, but closes firmer
4-22i^o
on the spot. Domestic spelter is quiet at 4-90c. at
for mlv
'"^''^** *'"® ^°^ ^"^«' ''"* stocks are
very
^ad°
^\
.-b>v'X-'oV
G»lT»»ton
11,941
New Orlsans. 30,888
Mob.JfcPenc'Ia
aavaimah
Brunswick ....
CharlMton ....
6,842
Wilmington...
Norfolk
1,005
WtH
7,162
4,111
11,941
12,131
450
100
650
6,633
6,«23
1S,883
18,626
1,005
Point...
N'portNws, 4c
20,222
N»w York
50
1,639
11,16S
11.158
Baltimore
PhUaa«lp'a,&c
hTd"'°"
Total,
1880^.
«.811
X,07«
1,072
600
600
.
610,317 26.108'
838,515 382,797:
71,387
150
127.821 87,9»7
98,680
110,980 18,130
98,632
1,817
259.120 11,699
120,39S
71,979
T19
113.709 31,618
183,386
59.888 11,768
20,610
102.952 638,107
628,889 1,760,171
71.017
100
688,651
121,293
121,9M
23,366
218,111 399.151
168,S6«
63,180
16.112 •16,in
»1,736 1«U«»
72.698
166.991
8,916
76,977
611,919
1,911
22,01
1*0,«»
160,81«
81,301
8,724
21,286 111.311 3.027,290 626,611 1,710,561 6,te(.l»*
28,«ie
2,880
13,976
13,179 3,703,650!l72,9«l 1,181,518 i,6ei,0M
8
Mat
3,
In addition to above exports, our telegrams to-night also
US tlio following amounts of cotton on Hhipboard, not
oleared, at tlio ports nnniod.
Wu adil Hiinilar Hgures for
New York, whicli are prepared for our special use by Messrs.
Oarey, Yale & Lambert, ii Beayer 'Street.
On
N«w Orleans...
France.
OfAer
Foreign
Ooatlwl»e.
Total.
21,444
lo.ojso
fi,923
4,411
1,038
1,774
Noue.
8,800
1,100
None.
Noue.
I.ia."*
2,<4»D
1.100
4.ewi
4.500
10,200
7,000
None,
Monc.
None.
None.
Noue.
700
None.
2,0.^0
Tot*l 1801...
30,024
6,625
14,961
3,783
Total 1800...
Total 1889...
12,900
900
2,^,255
3,304
16,370
10,793
3,297
9.349
Noue.
2,500
None.
Norfolk
New York
Other porta
Noue.
Noue.
8,000
500
Noue.
Noue.
I
Tbb Sales *sp Prices or Future* ar« ibomu by th«
foUow Ing comprehensive ubie:
J"
I
I
Slotk.
178.190
15,829
2H,9:i6
3,UliO
1.MI6
Noue.
5.000
IS^tSO
10,000
22.532
4,«63
121.622
21,763
61,398
409,149
33,473
49,781
200.004
356.802
Tlie speculation in cotton for future delivery ot tliLs market
lias been only moderately active for the week under rcviuw,
but the course of prices was quite erratic and the tone of the
market feverishly uDsottled. There was on Monday a buoyant
opening in response to a sharp advance in the Liverpool
market, but free selling followed the report that the rise
abroad was due to maniijulation from this side, and a furtlier
decline took place on Tuesday;
aOGDOQO
OOOOOOp
'oj*«
tta®o
many
of the recent buyers
having lost confidence were sellers to realize, as the weather
at the Souih continued favorable to crop prospects and the
receipts at the ports continued greatly in excess of former
seasons, so much so that SJ, million bales became a current
estimate of the
present crop.
On Wednesday Liverpool, after opening
lower, made
a
smart advance,
to which our
market responded with an improvement of .5^7 points, which was fairly well maintained at the close. It was said that the bulls expected some
«id to their operations from the statement of ac.-eage planted,
which it is supposed will be issued by the Bureau of Agriculture on the tenth of May. Yesterday there was a buoyant
opening on a further advance in Liverpool, but most of the
improvement was lost under sales to realize, prompted by the
continued lar,'e movement of the crop and good weather at
the South. Today a decline at Liverpool, with liberal deliverie8_ there on May contracts, caused a decline with us of .5g7
points. from which there was a slight and partial recovery on a demand to cover contracts; but the speculation
was sluggish. Cotton on the spot was quiet at unchanged
prices throughout the week, middling uplands closing quiet
opoo
OA
—
OS to
tSQi
nion Tnea
Sat,
i|^
6I4
6»4
lb.
6i'i«
«;'>•
7*18
7»16
2
Strict iMvf jflddling
'•
8''8
Good
9»8
6i'i,
Sl'">
79,6
Ik*'«
7l4„
'«
Z.
8Bm Zi*
8»M 86|g
8^8
058
8 '8
9=8
10
10
10
10
ID'S
lO's
Wwii.....
11^
10^8
119%
10^8
113^
11%
Sat. inon Toe*
GULF.
y
Ordinary
Strict Ordinary
Good Ordinary
Strict (iood Ordinary
Low Mlddliug
Strict Low Middling
Middling
Good Middling
Good
^ lb.
ODQDCQD
OOODOQD
^
~j^
.^
^X
otrw2
I
-i-J
CO
OpOb
0^00
2
^
^
•
Qb<B
giOP
Tae«d»y., Quiet
Wed'day. Dull
Thursday
tiuiot
Friday. ..iDuU
Total.
&.
steady.
•
oil
QOQX
x®ob
XX
Mtf-
opop
toco
ic
Gox*ob
-^^ C3
opx
XOO
X
XX
IJ
XOO
OOt
2
*1
is:
too
loot
to
XX
<B<^
MO
5
2
^
I
opoc
XOO
oox
«
5
00 00
ocob
coot
0000
2
tt-j
XOt
5
9
tOtO
CiSM
"^
I
I
GTQDOflp
OCtOCX
*ct6®<6
(CO®®
**
««;
I
»i
^co^
^
COW
^
OCOO
<
^ ".
MOS
•*
OD-sl
8%
8
8
838
898
8
83a
8
838
QOGCQX
8%
8%
9%
(ptC®(0
9»ig
CD CD
an
9>8
9»ia
10>,g
lO'ig
Idon Tnea
6
10„
107
107i«
66
cots
U6.g |U»,g
9)^
oa
Wed
Til.
Fr>.
6
6»9
7's
8>19
6
6
6
6
eag
7'«
8»ig
6»9
7>9
6=8
7>«
86„
8»„
CO
OO^O
QO^O
ccg CT g^ o
!^
to*©*©
»-co
o&c
I
I
i
CO
CD«
«r:
O
®«©tf>
t^
»*«:
ttCCC^
I
CO
7H
8>ig
Mg
918
90,.
101,8
i
CtOCCO
I
I
'8
I
I
I
I
9:
I
Con-
5/xe- IVan-
tump. uVfn
til.
_
,
,
171
171
30&
143
140
113
lis
382,70*';
892
892
g
sio
to
OP
«:
I
1:
pti*©
I
I
l«:
S2
III
I
i
I
:
1*1
I
•;
li
I
1:
I
I
I
SciiUmtwr.
8eptemh«!r IVbruary, for Kebruary-
SeptciuliKr-DoCfraber, for Deoember, i»l7,3iiO:
2.'.i«0,80O;
The following exchanges have been made during the week:
26 pd. to exoh. 300 May for Aug.
pd. to cxch. M(»> Julr for Ang.
09 pd. te exch. lOO June for July. Oi pd. to exch. idi Unvl. lor Nov.
03 pd. to exoh. 600 July for Aug. -09 pd. to oxch.
riily for Aug.
0'.)
.'^Ol)
Even. 100 Sept. for Nov.
ren 100 Aug. for 8ept.
-09 pd. to excti. 10
*
June
(or Jiuy.
I
Thk Visiblb SuPfLT OP COTTON to-oight, «s made up by cabl*
i
I
»
is as follows.
The Continental stoct*. a.1 well
those forOreat Hrituia ami the alWt are this wock'n returns,
*"*' consequently all the European figures are brought down
But to make the totals the ct>mplet«
*" Thursday evening.
flgtirea for to-night (May 1), we add the item of exporu from
the United States, including in it the exports of Fritlay onlj
and telegraph,
st'Soo
'
313,700
3
«
gco
l.SSO.lUt; Hepteiubcr-.March, for March. 2,147,UO<.>.
38.S00
4H.300
71.900
—
«r
a
to
—
I
I
<^0OQ
CDCO^CD
—
jDra
cotooto
<e
« ^
1:
CO
CO
I
January, for .fiinuary,
Sales •/
Futuret.
nj'Iuii
:
•«:
Inelodeg sales ,n Heptember. 189U, {or rieptxmber. 228.300: BepMa
ber-Ootober. for October, 349.300; September-Nuvcmber, for NovemlMr-
Total.
203
148
145
113
lis
a
I
QD^OQC
*CO®tD
*
*
sAi.n or SPOT aud TKAmrr.
I
* —
os
!«:
§
CD
GCOC^OC
CtO'"'©
:
I
QCQOC
<c!6®<d
8
9»ie
101,6
10',„
•»:
OOODC'*'
cccc®<6
O"**
>i
I
OCXCCD
XT
%«:
•
I
_1
tccc^co
"^
I
w
*''^2*
^
^
5
2
oox
XOO
_1
S-
I
CO
«»1
I
*DOS
«r;
,
_
—
XX^X
XX^X
X
S
-1,1
^ ^s
Qt
»^0>
MX
*J
^
XX
XX ^ XX
<6t»
cox
2 toto
ox
100
QOOp
I
*^
I
OCX
tfeto
11% llSg
Tb. Fn.
''
XX'^X XX'^'X Crx^X X
xto
cca *•
-)
».'-:
XX ^ XX
- to
2 to
<»
To
wr:
ilO'9
obx®ob
-^^ a
I
_"
8lt|<
8'8
90s
x;6*ou
ot— X
Co
OCX
MC«
''
o»
to
_
xxcop
QCOpCX XX^X
xob®ob (6tD®t6 "'
^X ^ toot CO tp^ 06
8i>j.
Mcy
XX 5
;
-lot
I
6>«
7»i.
7'4i«
otx^ob
XX
2 XX
0"0i
ao>
««:
•r
«
CO
§x
X XXOX XXCX XXOX
opxcx X ox
Sop XXCX
AOa
2
<»x
;»
(C!0*tD
o«
5'
to
"*
9J8
9
c»»i^''
•*
^
9»ig
lot,
lO'i,
ao«
OCX
OCOp
QTCC
<*
^tf.»d**
o*
wo
8%
BH
01
JW»J
00
ob'-x
I
"
CCCO
8!||
«»;
oro
.
t-^:^
I
!
QCQO
OC-j
i>
"^
1
01
XOX
OrxOX XXQX £
dbcD^oo ocob*
O"
»o
w^ OP oa^
XX
XX
XX >5 opo? ti
XX
• XX a
00
2 XX 2
03C0
MO ^ *oi
CO;
T».«-;
CO
10
XXPX
XXQX
XXCX XXCX XXCX
1^
o X
8ALZS.
Th» total sales of cotton on the soot and for future delivery
•ach day during the week are indicated in the following
statement. For the convenience of the reader we also add
• column which shows at a (lance how the market closed on
same days.
Saturday Dull
Monday.. Quiet
oiu
^
8»,g
Sx-
10
ODOOQ
CCtC*
"-"ob
XQp
xob
for
MARKET AND
port.
MO*
•<
Low Middling
SrOT M AKKCT
CLOSED,
otxcoo
5
,
a
ooxooc
c»cc^
atoiu'i
-1-1
»5»:
1
u*
§00
fi
9
-i-j
%.":
I
w
00
ODODOX
ioi*e>
i^
E^
ft.®:
9
diSt
iir"!°ai
s
^Ji
2
XOO
S
u
—
A«®m
OSW
Blrlot
Middling
aoorcoo
OCX
S«t.
Oood Ordinary
Good Ordinary
"""
ObA
6'llg
7I8
11*
U'jg
llU'i, lll»lg 111*18 ll'^i>
STAINED,
^O %9
ei'ig
7'«
Il07i«
Iliilg
>»lr..
*<»
9
61»I6
718
9'e
9*16
lOi «
."
Wed
5
a?OD$OD
Sg ^
S ad.
^ »» ^
I
10
10
10^8
opoo
7'e
8\
.Middling
Middling Fair
9»B
M
>
GCOp
Fri.
H
<ov
6'1„
7>e
8
eiiia
7ie
lb.
8 '9
8'8
918
Oood Middling
MlddUng Fair
Strict
Tb.
en
8U,„
Middling
Mlddllnir
Wed
6J4
en
XQC
»<=
ODOOOX
—
UPLANDS.
w^ M
».*:
I
0000^09
yii^dft
OP
t^
»
£95
•»
OOODCQD
0000*00
'
Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ordinary
Low Middling
OOQCCOD
ciiwOdi
lO
A^
Qcooo
QDOoSo
SOD
-j-l*-i
I
—
2
0000
WW
forward delivery for the week are 313,700
bales. For immediate delivery the total sales foot up this week
777 bales, including
for export, 777 for consumption,
for speculation, and
in transit. Of the above
bales
were to arrive. The following are the official quotations
«ach day of the past week April 25 to May 1,
^
-.1-^
ODODOOO
ftft^vi
I
total sales for
——
ooao
ODOQo
I
at %}ic.
—
<,
2
CO
—
Strict
683
ShIpboanI, not cleared—/or
Orrat
Brllaln.
The
,
Lrattng
a(-
1
«
THE CHUUNICLE.
1891.]
^ve
Vny
«
,
1
a
..
.
—
g
.
:
THE CHKONICLK
S3S84
872 000
_"•"""
!
887,000
2,300
37,400
18,000
418,500
304,000
624,700
Total Continental stocks
855.000
3,000
300
May
. „„.
960,000
2o,obS
6,352
onn'KKn
290,000
American afloatfor Europe...
Statesstock... .........
United
United Statesiuteriorstocks..
Dnited States exports to-day.
i
Continental stocks
India afloat tor Europe
JS'SJaa
iJrllJn
^'o„'xRS
30,000
Egypt, Brazil, &c., afloat
2.433,191 1,617,300 1,550,913
.f.
Savannah
Louisville.
o
Week
Xndtno—
,686,213
•
«i'?'grggi
i
8I3
8 '8
S-'s
8^
8H
9
9
..
938
9M
8%
8I3
8=8
87.11
^>
87,
8Hi
S^
81a
9
9
9
9I8
9%
919
Lit tie
8h,
Montgomery.
N.ialiville
85,
Natchez
Raleigb
8
81a
8i6
Apr.
S
10
17
21
1
May
...
Biceiptt at
Selma
t>i
thi!
PorU.
1891.
to
•
W WW*-"- Ml— »t-'
m:ciocoM' C5Cco»t-.
-si
'
1890.
1889.
1391.
41,085 100,803 175,633 128,127 296.133
84,377 91.109 148,217 119,026 277,116
23,670 73,413 128,779 99,005 2.55,024
20,981 71.31.3 102.888 00.252 242,741
18,330 64,733 81,090 80,083 232.335
lfl,,588' 59.536
69,218 68,868 218,180
*0.107
33.9S2
86.805
28.242
M c cp; W
w
'-J
1891.
31,.-.781
II.703J
19.084
25.246
3,649
12,228
9.161
6,371
75.817
75,073
61,321
69,030
64,327
45,381
1
20,969
13,031
14,107
16,370
—
—
16,370 bales.
Overland Movement for the Week and since Sept. 1.
statement showing the overland movement
for the week and since September 1. As the returns reach us
V
M
00
M
f
CO
(-*
—
— otltod — <i©xcc;
00
CtCytw^COCDM
C CO a. CI U CD *q CI
I
;
to
156
;
to
O-vlOti*
•
10
10 to CD to-
^
^1
H
oj
CXMXtO
M OI to CO c; <i
is
<!0.
1**.
8
OtC»-'0:*^MCOW-1<l^«<COOJ--JWO'CC?0
CD
GC
CO
01
M
00
13
a
It-QD
CO
CD
cs
CI
1.
5"
M
X
a* OS o CD CI M 01 o OI - <i ® TCI
CO M OS ^1 ^1 c *.
fD X -1 to 00
-^ X hX*
tsi'£>'X}xt(^toco<iX'Uiccai^^o:^ccrf>.^
CO
c> cs
1889-90.
iy<
OoV-O!*.;
CO
X IC b3
,
:
toMep;
:
^
:
:
•
;
ojmcto^:
;
*•
263
33
Evansville
3,098
I.ouisTllle
Cinoimiati
other routes,
3
3
S"
X'^IMtSCStCCO
^
<i -a 0: h- -.1
CO
CD «g
CO CD <I CJ
X
3
5
If
01
M;
Kl
GO
to
o
M
Sept.
„
Week.
,
1.
Since
Sept.
1,
Oioc
ll
ifc.
"nel"
537,.541
,5,176
280,319
1.124
109
86,035;
26,729|
196,69Si
169,7G>t;
138i.")08
17,737 1,431.598
80
1,162
1,RU
615
513.100
305,032
58,788
20,730
116.706
207,002
151,863
10,180 1,370,221
Between interior towns
Inland, Ac, from Soutli
2,339
327.491
108.123
90.745
2.936
1,013
1,987
345,290
53,900
107,768
Total to be deducted
9,9S8
526,359
5,968
506,959
6,880
749
809,263
Leaving total net overland*.
7,769 908,239! 4.214
• Including movement by rail to Canada.
The foregoing shows that the week's net overland movement
this year has been 7,769 bales, against 4,214 bales for the same
week in 1890, and that for the season to date the aggregate net
overland exhibits an excess over a year ago of 38,976 bales.
1889-90.
1890-91.
In Sight and Spinners'
Since
Wccic.
Receipts at ports to May 1
Net overland to May 1
Soutliern consumption to May 1
Sept.
1.
59.536 6.568,311
7.769 908.239
11.000 459,000
Week.
Since
Sepl,
1.
16,586 5,700.969
4,214 869,263
6,000 418,000
1
r-r-C00C«'-»CtO^. CCOp-iXXOOSO
in liotu years.
Griffin.
Last year's flgnres are for
The above totals show that the old interior stocks have
iioreased during the week 14,208 bales, and are to-night 138,623
same period last year. The receipts at
the same towns have been 8,180 bales more than the same
week last year, and since Sept. 1 the receipts at all the towns
are 547,195 bales more than for the same time in 1889-90.
bales wiorc than at the
,807
1,493
1
&o
a;
^-
oscdV; oniowcoc;'^tjA
lt..C:Cn-i2--WCDWyt C cs ^ Ci to O -
COCil^OD.
1
CD 00
ci'o
oi;
tot
* LoulBVllln llaures
Cairo
Hannibal
*>.
if
CO
tn
8,G13
2,400
St. Loiils
Takings.
WW
M
W
CD
Since
'h*
ito-
O 14 W CO U. O' w
to
CD
?
JO
00
_
Week.
,
Deduct shipments—
Overland to N. Y., Boston, &o.
1,219
81 128
1.
Total (jross overland
c; CO
1
1-t
ko
Planfnt.
1800.
18.S9.
The above statement shows: 1. That the total receipts from
the plantations since September 1, 1890, are 6,772.878 bales; in
1889-90 were 5,757,393 bales; in 1888-89 were 5,471,013 bales.
That, although the receipts at the outports the past week
2.
were 59,530 bales, the actual movement from plantations was
only 45,381 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 5,371 bales and for 18S9 they were
Via
Via
Via
Via
Via
Via
Via
^ —O
XO
OiOitOi-'OlCDH^rf*-^'-*:
CD
7^8
Shipped—
Oi
"o
8I4
^wcooooitciB
.
3J tC
TO fCtfk
CD
tt
00
.** I— »t- CO
00
OCCif*
9>fl
St'k at Interior Toions. nec'ptufrom
61,573
16,500
May
u«Of&:<i::'0:C't3<iOGOcO'U'XOr-^ico-v]
cc
838
9
Sbreveport....
1890.
^
Mt-rf!.afO Oi GO
:
;
i-'OtoxwcoM*'--i(©r-ccrf*.'Keotf*<iiX!:;i
!-•
§^
838
—
1889.
w
.
'^
MOO
tOO'CSif*.
*- CO
O)
or
oo
8'9
8 '8
939
Rome
1890-91.
c^^
WCM
858
838
8I2
•
.
^
83,8
at other important
81,6
Rock...
8^8
7 '8
8l3
86,8
8I4
by telegraph late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
This weekly
the principal matters of interest are given.
publication is of course supplementary to the more extended
monthly statements. The results for the week ending May 1
and since Sept. 1 in the last two years are as follows:
or
i
..
858
83a
81a
8 'a
8 '8
Fri.
We give below a
1^
:
87.
••
g-F'c-oas'SO -g•B•E?pg'2.g'5'p^-
E\ Pi
Moh.
"
"
the receipts
for the
for the
set out in detail in the
5.
^
K-
818
858
838
8I9
»'«
878
933
8l3
8=8
83e
8I3
8^8
8'^
938
85a
.
ON—
Receipts From the Plantations. The following table
tudicates the actual movement each week from 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
Onally reaches the market through the outports.
o
ID 31
Sifl
81a
83is
8=8
838
8I2
8 '8
8 '8
938
8^8
838
81a
9
9I8
Atlanta
Columbus, Ga.
Columbus, Miss
Eufaula
and since September 1, the shipments
week and the stocks to-night, and the same items
E a ——cS
8->,«
8\„
8%
8^
8%
The closing quotations to-day (Friday)
Southern markets were as follows:
At THE INTKKIOB TOWNS the movement—that is
oorresponding period of 1889-90— is
following statement.
8>,6
8%
Cincinnati..
634,700
.
.
Augusta..
Mempliis
Louis
as compared with 1888.
for the week,
81a
St.
229,000
25,000
118,700
188,000
74,000
^
.
8H
Norfolk
Boston
Baltimore...
PUladelpliia
|gg~ The imports into Continental ports ttiis week have been
94,000 bales.
,,
, .
,.
,
The above figures indicate an increase in the cotton in sight
to-night of 792,091 bales as compared veith the same date
of 1890, an increase of 940,978 bales as compared with the
corresponding date of 1889 and an increase of 816,978 bales
.
8>,8
85,9
Wilmington
3,137,891 2,345 800 2.196 913 2,320 913
Total visible supply
6T,,d.
5-!,j,d.
6ii,d.
4%d.
Price Mid. Upl., Liverpool....
lls,6C.
lOo.
12c.
S^eo.
Price Mid. Upl., New York....
.
8'!^
87i«
Charleston.
13,935
1
89l6
8%
646,000
728,500
704.700
Total East India, Ac
T/iurs.
8'8
601,000
211,000
197,000
498.297
161.961
201,000
15,000
116.000
300.000
14,000
277,000
12,000
75.500
344,000
20,000
^?i'SoS
Londonstock
Wedncs.
Mobile
_332^
671,000
188,000
214,000
405,563
61,029
11,321
Tues.
Sew Orleans
2,433,191 1,617,300 1,550,913 1 ,686,213
Total American
Satt Indian, Brazil, <te.—
Liverpool stock
xSS American
^'},'%*i
202.094
793,000
343,000
178,000
233,477
63,471
Moti.
185,000
3,000
68.000
6.000
7,000
m
bales.
Satiir.
Galveston...
1,853.700 1,500,500 1,191,000 1.,187,700
Total European stocks
314,000 300,000 188.000
Indiacotton atloatforEurope. 2!i5.000 178.000 214,000 197,000
Amer. cott'oafloatfor Europe. 290,000
74.000
14.000
20.000
30.000
EKTpt,Brazil.&c.,alltforE'r'pe
405,563 498.297
United States ports .. 471.542 233.477
Stock
161.961
61,029
63.171
Stock in U. 8. interior towns.. 202.094
13,955
11,321
6,352
25,555
United States exports to-day.
2 320.913
2,196,913
2,315.800
3,137,891
Total visible supply
areas follows:
tbetotalsof American andotHer descriptions
OI tbeabove
American—
1.
700
.
Liverpool stock
Continental stocks
OLOSINO QUOTATIOSS FOR MIDDLING COTTOS
Week ending
44.700
17,000
300
12,000
128,000
5,000
78,000
11,000
12,000
^
—
'
1.229,000 1,082,000
Total GreatBritaln8tock.
Stock at Hamburg
17S000 118.000
Block atBreiuen
is'oOO
7,000
Stock at Amsterdam
^'inn
300
«""
Stock at Rotterdam
5,000
Stock at Antwerp
oaI'
noo
184,000
*2-000
Stock at Hayre..
4,000
Stock at Marseilles
iq='ooo
87,000
Stock at Barcelona
''loooo
0,000
Stock atGenoa
lonnn
3,000
i.J,wi}
Stock at Trieste
LII.
Quotations for Middling Cotton at Other Markets.
Below we give closing quotations of middling cotton at Southern and other principal cotton markets for each day of the week
1888.
830,000
25,000
1889.
1890.
1891.
.ale.. 1.211.000 1.070,000
Stock at Liverpool
BtocK at London
[Vol.
Total marketed
Interior stocks in excess
78.305 7,935,5,50 36,800 6,988,233
56,424
201,567 *11,215
14.155
Came into sight during week. 64,150
15,585
8,ll6',il7
7,044,656
1,678.418
1,757,859
Xorth'n spinners tak'fre to May 1.
« Lose In stock during week.
It will be seen by the above that there has come into sight
during the week 64,150 bales, against 13,585 bales for the
same week of 1890, and that the increase in amount in sight
to-night, as compared with last year, is 1,095,461 bales.
Mat
THE CHRONICLE.
9,1891!
—
Wkather Ksports by TKnEauAPii. Our advices from tlio
South to-niglit are generally of a very favorablo cliaractor.
Tl>e weather haa been satisfactory in almost all aecliona.
FlantiuK i« progressing rapidly, and cotton where up is doing
finely.
Oalvcston, Texas.—The weather has been dry all the week.
Average thermometer 7 1, highest 81, lowest 07. April rainfall one inch and soventy-threo hundredths.
Palestine, Texas. Crops look promising. No rain has fallen
(lurinK the week. The thermometer has avoraRed 00, the
During April Iho rainfall
hif,'hei't beinK 80 .ind the lowest 50.
reai'lii'd eii^ht inches and ninety hundredths.
Prospect) are excellent. Wo have had
Hitntufille, Texas.
dry weailior all the week. The thermometer has averaged 67,
ranging from 50 to 84. April rainfall two inches and ten hun-
—
—
dredths.
Dalkix, Texas.
—
085
Savannah, OrorijiVi.— Rainfall for the weak Ave bnndrwHlM
of ail inch, on one day. Thn thermometer bM avenMd 69,
the highest being 88 anil the lowont 08.
Auffusta, aeorgia.—Tho weather hai bean dry and warm
daring the week, and rain is badiv needed. The continued
dry spell is delaying planting. The thermometer hai eTeraged 69, ranging from 1)0 to 88. Rainfall for the month of
Aprd was seventy-one hundredthi of an inch.
Charleston, South Carolina. It ha* rained on one day of
the week, to the extent of four hundnxlth* of an inch. Tba
thermometer has ranged from 57 to 80, averaging 07,
Stateburg, South Carolina.— It haa rained lightly on on*.,
night of the week, the precipitation reeching two hundredths/
of an inch. Avcrago thermometer 06, highest 82 and low-
—
eet 89.
—We
Wilton, North Carolina.
have had rain on one day of
the week, the rainfall reaching forty-two hundre<Ithi of an
inch. The thermometer has averaged 60, the highest being
80 and the lowest 50.
The following statement we have also received by telegraph,
showing the height of the rivers at the point* named at 8
o'clock April 80, 1891 and May 1, 1890.
Cotton, corn and small grains are very
The Texas wheat crop is estimated at fifteen milion bushels, or double that of any former year. We have had
no rain all tlie week. The thcrniomoter has ranged from Wi
During the month of April the rainfall
to 8"i, averaging 68.
reached five inches and twenty-eight hundredtlis.
San Antonio, Texas. —The outlook is favorable. Dry WBWOrlenuB
weather has prevailed all the week. Average thermometer Msmphta
April rainfall four inches and Na«UvUle
OS, highest 83 and lowest 54.
firomisinp:.
Bixty-hundredths.
Luling. Texas.
—The
weather has been dry the past week.
Cotton and corn are both doing well. The thermometer has
averaged 68, the highest being 84 and the lowest 53. April
rainfall two inches and eighty hundredths.
Columbia, Texas. Dry weather has prevailed all the week,
but the Brazos Valley is all overflowed and planted crops are
ruined. The thermometer has averaged 71, ranging from 58
to 84. Month's rainfall one inch and ninety hundredths.
Cuero, Texas. Crops are all very promising. There has
been no rain the past week. The thermometer has ranged
from 58 to 85, averaging 72. April rainfall two inches and
—
—
sixty-five hundredths.
Brenham, Texas.
—Upland
crops are doing well, but the
Brazos Valley crops are overflowed and destroyed. There is,
however, ample time tore-plant, and the water is now subsiding rapidly. No rain has fallen this week. Average thermometer 72, highest 87 and lowest 56. During the month of
April the rainfall reached five inches and two hundredths.
Belton, Texas. The weather has been dry aU the week.
Crops are doing well. The thermometer has averaged 60, the
highest being 85 and the lowest 45. During the month of
April the rainfall reached four inches and fifty hundredths.
Weatherford, Texas. Crops look very promising. There
has been no rain during the week. The thermometer has
averaged 68, ranging from 50 to 85. April rainfall three
inches and forty-one hundredths.
New Orleans, Louisiana. —There has been no rain the past
week. The thermometer has averaged 72.
Shreveport, Loui.fiana. There has been no rain all the
week. Avera;;e thermometer 71, highest 85 and lowest 57.
Oolumbus, Mississippi. The weather has been dry all the
week. The thermometer has averaged 63. the highest being
80 and the lowest 48. April rainfall three inches and fiftythree hundredths.
Leland, Mississippi. We have had no rain during the
week. The thermometer has averaged 68, ranging from 51
to 85.
Little Rock, Arkansas. The weather the past week has
been favorable for farmers, and they have made the most of
it.
The stands of cotton and corn are reported most excellent
from all parts of the State. The thermometer has ranged
from 53 to 83, averaging 68.
Helena, Arkansas. The week's rainfall has been too light to
measure, there liaving been but one sprinkle. The weather
has been rar.her dry for farming and a little too cold for cotton. The thermometer has averaged 65'5, the highest being 82
and the lowest 50. During the month of April the rainfall
re&ched two inches and fifty-four hundredths, on five days.
Memphis, Tennessee.
have had no rain but it is now
threatened. The river is falling rapidly. Planting is progressing well, but the nights are rather too cool. Average
thermometer 67, highest 83 and lowest 52. It rained on seven
days in April, and the rainfall reached two inches and seventy-two hundredths. The thermonseter averaged 64, the highest being 88 and the lowest 64.
Nashville, Tennessee. We have had no rain all the week.
The thermometer has averaged 64, ranging from 48 to 85.
Mobile, Alabama.—The weather has been fine all the week.
Rain would be beneficial, however, particularly for the late
plantings. Good stands are reported in early plantings. The
thermometer has ranged from 50 to 84, averagmg 69.
Montgomery, Alabama. There has been no rain all the
week.
Average thermometer 70, highest 85, lowest 55.
April rainfall one inch and ninety -six hundredths.
Selma, Alabama.— No rain has fallen during the week.
Tlie thermometer has averaged 70, the highest being 83 and
the lowest 55.
Auburn, Alabama. The weather has been clear all the
week. The thermometer has averaged 67, ranging from 53 to82.
Madison, Florida. There has been no rain the past week.
The thermometer has ranged from 60 to 91, averaging 74.
Columbus, Georgia. We have had dry weather all the week.
Average thermometer 72, highest 82, lowest CI. f ' •—
—
Apr. 30, '91. Maiii.'OO.
Above low-wnt«r mark.
Above low-wivtrr timrk.
Shreveport
Al>ove low-wiitcr mnrlr.
AI>ove low-water mark.
Vlcksbiirc
Abov« low-watpr
India Cotton Movement
and shipments of cotton at
the week and year, bringing
BOHBAT BECKIFTB ASD
Shifnnenla
reor Great ContiBriCn. nenl.
—
—
—
—
—We
—
14-7
28-6
20-5
31-2
48-S
47-4
inarlc.
from all Ports.—The
sniFlIUTS FOB FODB TBAB*.
BhipmentM since Jan.
week.
Great
Britain
Total.
receipt*
for
Bombay have been as follows
the figures down to April 30.
_
Coniinent.
1.
,
Reteipti.
Thit
Week.
,
'o*"/.
Sinee
Jan.
1.
625.000 50.0001 1 .23fS.00O
fi76,0Oo;93.OO0, 1,31-1.000
876,000 86,000 1,215,000
918,000
514,000156.0001
According to the foregoing, Bombay appears to show
a decrease compared with last year in the week's receipts of
36,000 bales and an increase in shipments of 12.000 bales, and
the shipments since January 1 show a decrease of 251,000 bales.
The movement at Calcutta, Madras, and other India ports for
ihe last reported week and since the 1st of January, for two
years, has been as follows.
"Other ports" cover Ceylon,
Tuticorin. Kurrachee and Coconada.
Shipments for the
Oreat
Britain.
Shipment* nnee January
teetk.
Continent.
Total.
1.
Oreat
Britain.
Continent.
18.000
20,000
31.000
56,000
52.000
76,000
4,000
5,000
2,000
5,000
6.00O
10,000
Oalcntta—
1891
1890
Madras—
1891
1890
Toua.
All otliers—
1891
1890
i'.o'do
i'.obo
15.000
13,000
10.000
17,000
25.000
30,000
i'.obo
i'.ooo
37.000
38,000
46.000
78,000
83.000
116.000
Total all-
1891
1890
The above
totals for the
the ports other than
week show that the movement from
is 1,000 bales less than the same
Bombay
week last year. For the whole of India, therefore, the total
shipments since January 1, 1891, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO SnaOPE FBOM ALL INDIA.
1891.
.
1
1800.
18(89.
Shipn)efil9
to all
Europe
Thie
from—
v>eek.
Bombay
Total
Sinee
Jan.
1.
This
Keek.
Jan.
Thts
Sinee
1.
Sinee
Jan. 1
VDeek,
71.000
625.000
83,000
50.000
1,000
876.000
116,000
71,000
3.000
876.000
71.000
708.000
60,000
992.000 74.000
98>i.OOO
All otUer porta.
11 -.'.000
Alexandria Receipts and Shipments.—Through arrangements we have made with Messrs. Davies, Benacni &. 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.
A.l*xanriria, Egypt,
April 29.
1800-91.
1889-90.
1888-89.
7,000
3.129,000
3.000
3,713.000
Bec«Ipt8 (cantars*)....
—
—
—
—
rti.
IftO
2H0
11-4
180
1891 5,000 66.00071.000 64.000 561,000
1890
59,00059,000 210.000'06e,000
1889 15.000 56,000 71,0
256.0001620,000
1888 9,000 27.000^36.000 131.000383,000
—
—
Ih it
Feel.
Thiaweelf
Since Sept.
7.000
.3,97«.0OO
1.
TM$
Thit
SiiKe
vetk. \Sepl. 1.
Sinee
Thin
week. Sept. 1.
week. Sept. 1.
1,000 268.000
6.000 196.000
4,00o's4»,000
1.000 142.000
1,000 tl7,000
2.000 141,000
6,000 464.000
5,000 391.000
3,000 358,000
1
Export* (bales)—
To Liverpool
To Coutluent
Total £arope
* A.
—
eantar la 98 vounda.
Woodward &
^Messrs.
offices, le to 22
William
Stillman have removed to their
Street.
—
.
.
;
..
•IHE CHROlSlCLfci.
686
to-night
Manch^TEB Makkkt.—Our report received by cable easy
for
from Manchester states that the market continues
cloth
steady for shirtings. The demand for
yams and
is
for to-day below,
good, but for yari poor. We give the prices
this and last year for
of
weeks
previous
for
those
ieave
Snd
comparison
:
1890.
1891.
SH
32» Oop.
d.
lis.
Shirtings.
Ttoist.
a.
CoU'n
Mid.
B.
d,
d.
e.
Mh.27 739 ai7^
5 11
Apr. 3
" 10
17
5 11
5 11
®61l
®6 11
36 11
511
•ff6
7% 87%
7% »7%
7% ai7%
24!75,„'a711if 5 11
11
®6 11
«610
VpMs
Twist.
d.
d.
d.
85i8'3811lt
479
47e
8>4 Us.
Shirtings.
32s Cop,
Colfn
Mid.
Vpldt
Overland Movement, &c., to May 1.— In our editorial
columns to-day wUl be found our regular statement of
overland movement, receipts, exports, spinners' takings, &c.^
37
®7
®7
86,g9811lf
4"m
41S16
85i«ia8ili6
4:^
8% ®8%
SSin'SSliu
ai7
3%»7
4 ®7
3
3
3
3
movement
6 '18
Ellison's la^t cir-
cular contained an estimate of supply and consumption for
the period from March 31 to September 30, with remarks
thereon, which at the present juncture is a matter of considerable interest, and we therefore give it in full.
ToncMng the prospects of supply and demand for the second half cf
the season, -we estimate tUst the exports from the United States to
Europe between March 31 and August 31 will reach 910,000 Dalec,
against 4 96,(JOO last year, besides which there will also he received the
cotton afloat on the Slst of March— SlO.OtO.against 333,000 last year,
and about 60.0f0 hales of shipments after August 31 asalnst 57.000
last year, making a total of 1,280,000. against 886.000 last year.
From Iidla tlie total shipments for the season are estimated at 30O,000 to 40(1,000 bales (some say 450,000) (less than last season. A
defloit of 350.000 would gl\e 1,516,000, against 1,866,000 last season.
As 426,000 bales have already ariived, there remaiu 1,090.000 bales
From sundry sources we looH for 253.000 bales, against
still to come.
228,000 last season, the excess of 25,000 bales oonsistmg of Egyptian
,
:
BCROPBAJt MOVEMENTS, MAKCH 31 TO SEPTEMBEK 30.
1891. 1890. 1889. 18»8. 1887.
ImporU.
9iil
886 1,131 1,131
AmPrioan
1,280
781 1,125
East Indian
I,o90 1,334 1,140
228
219
295
Stindrles
253
348
•.
2,623 2,448 2,490 2,207 2,394
2,841 2,595 2,644 2,308 2,410
2,072 1,823 1316 1,117 1,494
958
764
823
759
841
Total supply do
Oonsumpt'n, 26 wks.,bls.of 400
Stock Sept. 30th
Of which at Mills
Leaving at ports
Actual bales
do
do
lbs.
,
5,871 5,177 4,724 4 548 4.745
4,446 4,193 3,893 3,828 3,678
1,425
350
do
....1,075
984
244
740
709
831
236
595
527
720 1,067
245
218
475
446
849
99i
812
The prospective stick at the close of the season is much larger than
for several years past, bat is not much larger than the stock at the end
of September, 18 ci4 and 1881. and Is smaller than in 1883. About
half the 992.000 estimated as the probable stock in the ports will conilat of American— say 496,000 bales. These figures anl the mill stocks
compare as folh ws with thof e of 1884, 1883 and 1881, and with the
average weekly rate of consumption.
Port Stotk*
Boies ot
Milt
Grand
Weekly
V S. Other: Total. 400 lbs. Stock) Total. Oomtimpl'n.
1891... ...496
496
992
1,075
350
1,425
171,000
1884... ...498
510 1,008
1,060
841
1,291
135,000
1883... ...525
438
963
991
l.ftie
525
137,300
1881... ...666
312
978
1,063
275
1,338
130,000
The lowest price touched for middling in 1884 was 57,td.: the lowest
1J11883, 5%d; and the lowest in 1881, 5%d. The value of the same
quality to day is 4%d., the lowest figure quoted for more than 40 years,
except for two dai s during the unlver-^al commercial depression which
culminated in 188B, when, owing to the general Impoverishment of the
working classes of the world, in consequence of the scarcity of
employment, the ci nsumption of cotton was ar, the rate of only 1 30,000
bales of 400 ibs. per week, against the present flgnre of 171,000 bales
At the moment, however, the prevalent opinion In the market is distinctly bearish, and It is just possible that a further decline in
prices
may be witnessed. Sentiment is very frequently more powerful
than
reality, though reality wins in the end ; and if the human natui e of
the
market takes an erroneous view of the situation, i here follows a temporary suspension of the operation of the ordinary laws ot supply
and
demand. There was no reason why prices should have risen to
either last year or the year before, except the prevalent bullish 6%d
sentithere any reason for the present extreme depres-lon,
Vil"''. lu
except
that the sentiment of the market haa become intensely
bearish
?'" '"'^ """"f'^** '''''"'Se of feeline, but it is Impossible
S?«^
fS?[i^h®
to
fix either
the date or the
character of the transf ormatlcm. l£ is cerinstead of being only 8,4u0,000, should
i^'^S?^*''*"'' ^'"'V'o"'«„<"';;P'
'"''";'}' S.rtOCOOO or 8.700:000. tlie dlt« of
the
»„,?iTL'*^'.
would
be material y prolonged, while an intermediatfi furtherreaction
glylm?
K'vmg
wayinvalues would, in aU probability, be witnessed.
larger, and pi iocs have soue lower than
we
Ji?,?i . P'^'""' ""P'»
,'" the winter months, and It may be that our preset
views are a T.T
liitle too sanguine; but the foregoing tacts
a.id estimama
axe not given with the view to influencing the i£,ti™ of
operator™ but
oo"'""'.'"'"!
what Is, to say the least, an important and
J^Sff » * disous^icm. to
Interesting
Tue broad fact Is that the supply ot oot^n
"'^? <^o°8»mption; and ihe question is whethCT the iSfl
«?^« of
^f 7.H.T
ence
this fact has or has not been discountea by
tie decline which
»"?«="'" P"""""- O" this point there is a mfferenoe
^^Sf'?*''^,'"?''".
SL^Ji"'? I'i*"* "• f'l moment the prevalent view is that still lowe?
''''» '* possible, but we cannot endorse
?i^.'^',^""'^°eipreaied In some quariers that pri es are going to settle the
do wn on a
lowerlasla thau ha, been expefleaSed during the
present
gl^r*aUon!'
.
.
^„
^iSl^^
vK
Lbs.
24,566
23,012
22,648
Ootober
November.
.
December...
pounds.
loUHofAU.
Cloth.
1890-91
1889-90 1890-ei 1889-90
Tdt.
L6».
23,247
23,914
20,307
Tds.
449,481
394.910
455.396
Lb3.
42.S,446
86.130
427,762
395,834
74,793
86,248
1889-90
1890-91
Lb!.
ts.oai
99,490
90,119
Lba.
74,814
76,576
69,812
Lbt.
109,696
97,835
108,896
316,427
287,670
99,378
101,121
Tot.lst qnar.
70,256
67,468 1,299,790 1,247,042 246,171 220,202
January
20,012
23,611
22,741
22,182
24,421
March
84,682
67,481
104,648
101,966
109,103
88,675
Total Sd dr..
64,985
69,246 1,264.627 l,217,027|243,177 230.498
308,142
299,744
135.221 13«,714l2.5«4,317 2.484,069 489,348 450,700
624,569
587,414
February.
. .
TntalBmoa.
21,214
412,552
423,178
428,797
418,715
447,180
356,192
79,336
81,380
82,461
78,355
905
934
12,022
12,154
«.S7,49rt
Rnn.602
Stockings and socks
Sondrr
artlcl
Total
ejrp<irta
of ootton mannfactnrea
...
The foregoing shows that there has been exported from the
United Kingdom during the six months 637,496,000 lbs.
of manufactured cotton, against 600,503,000 lbs. last year, or
an increase of 36,991,000 lbs.
A
the destination of these
prepared the following
taken by the principal
October 1 in each of the
further matter of ioterest is
exports, and we have therefore
statements, showing the amounts
countries during March and since
last three years:
EXPORTS or PIECE 010DS AVD YAR>I8
MARCH, AND FROM OCTOBER
consumption we estimate at 171,000 bales per week for
4,446,000. With continued low prices this
exceeded than otherwise.
estimates
compare as follows with the actual figures of
I'he foregoing
Importa-bales of 400 lbs
do
Port stocks
MIU stocks
do
all to
1890-91 1889-90
cotton.
The rate of
Total
1.
i amJclhread.
TO PRIHCIPAL OOCNTRIKS I»
1 TO MARCH 31.
March.
Piece Goods.
all Europe, or a total of
Jt«iire is more likely to be
the previous four seasoiis
May
000» omttttd.
31a
4
to
Exports of Ootton Goods from Great Britain.— Below
we give the exports of cotton yarn, goods, &c., from Great
Britain for the month of March and since October 1, in
1890-91 and 1889'80, as compiled by us from the British Board
of Trade returns. It will be noticed that we have reduced
d.
6J8
6l8
6i8
65,8
4% 87l««813lB
MayH7'4 aTiipi'S 10
Jute Butts, Baoging, &c.— Some inquiry for jute bagging
review, but the demand
is to be noted during the week under
has been for small lots. Prices, however, have been well
maintained, closing quotations to-night being 5%c. for 1^
grades. There
lbs., 6;^c. for 2 lbs. and ^%c. for standard
have been some transactions in jute butts on the basis of
li^c. for paper grades and IJ^c. for bagging quality.
EaROPEAN CoTTOK Consumption.— Mr.
down
brought
the
d.
[Vol. Ln.
(0003 omitted.)
1891.
October 1 to
1890-91.
1889.
1890.
March
1889-90.
[
31.
1688-89.
I
173,688 160,989 235,931 l,0U4,0e8 1,096,6521 1,287,442
64,783 42.613 55.593 3011,606 322,2461 311,078
60,W51 43.0.S4 50,89.>
297.0211 277,701
338, 90
183,697] 189,260
8f,734 31,239 35.553 IM.alO
242,5771 239,644
259,056
38,874 31.154 40,114
172,541
173,3131 1-3,188
27,04'« 28.819 25,026
118,662
156,828
158,433
24.841 21,044 25,823
East Indies
Turkey, Ejfypt and Africa..
rhlua and Japan
Kurope (except Turkey)....
South America
North America
All other couD tries
428,797 356,192 48S.4.S5 2,5«4.317 2,461,06& 2,605,135
£4,700 i3,775 £4,732 A27,84S £26,599 £26.899
Total yards.
Total value..
YarnB.
(000s omitted.)
Holland
2.607
Germany.
3,1144
Oth. Europe (except Turkey)
East Indies
5,166
3,638,
8,143!
3,1011
1,0101
and Japan
TurHey and Egypt
('bina
Total lbs
Total valu».
3,623
2,331
1.(.'65
20,709 19,831
£K.3«
i9r7l
24 ,60 J
j
29,078
26,248
14,063
17,680
8,319
4.9-;7
776
All otoer countries
16,088
17,197
3,692
3,26<
5.H62
8,103
3,078
4,449
3,690
2,9K5
1,750
126,6-3
i 6.07b
ii.lli
5,212|
20,958
17,b«3
28,123
29,801
17,768
10,969
5,83a
l'.!7,839i
l.fO,80S
£6.073
£5.956
1S,9?0
1H,105
28,318
24,085
20,153
13,0H6
The HiXPOBTS of Uotton from New York this week show an
increase compared with last week, the total reachina; 21,811
Below we give our
bales, against 18,343 bales last week.
usual table, showing the exports of cotton from New York,
and the direction, for each of the last four weeks; also the
total exports and direction since Sept. 1, 1890, and in the last
column the total for the same period of the previous year,
EXPORTS OF COTTON (BALES) FROM NEW TORK SINCE SEPT. 1. 1890.
Week EndingExported to—
Liverpool
Other British ports.
Tot. TO Gt. Brit'n.
Havre
April
April
9.
16.
April
April
28.
30.
I
Bremen
Hamburg
Other ports
48,19cl
6,952 16,667 14,956 20,222
413,709
456,924
50
34,144
40,568
I
971
600
1,310
600
1,340,
971
50
34,546
300
699'
154
100
27,162
41,084'
22,197
54,159
1,033
61,386
49,85a
1,287
129,602
126,209
4,975
402
40,568
i',676
2.137
651
100
765
1,970
3,288
1,518
252
32,117,
2,950
9.777
252
37,092
12,727
8p'n , Op'to, Gibr., &o.
All
01 other
850
96
150
750
Total Spain, &o
850
96,
900
.
year.
383,562
73,382
452
Tot. TO No. Europe
Sept. 1.
866,611
. .
.
period
prevUmi
5,505 14,655 14,956 17.230
2,992
1,447 2,012i
Other French ports..
Total French
Same
Total
since
Grand Total... 10.372 21,391 18,348 21,811 614,94 9 636,428
Memphis District Cotton Report for April.—We have
received by telegraph from Messrs. Porter & Macrea of Memphis, a synopsis of their cotton report for the
as follows
month
of April,
;
Better progress has been made
and the seed has Kcrminated more rapidly than last year
with oontinued good weather planting Tflll be completed by the tenth
acreage
of May, and two weeks earlier than last year. The Increase in
and the replies irom
U small. The following are the questions asked
operaplanting
are
1.
How
correspondents.
and
thirteen
hundred
six
huntions progre'sing this yfar as compared with Ia«t » Answer— Three
hundred
one
and
later
ninety-seven
earUer,
ninety-four
say
dred and
We consider the report very favorable.
In planting,
1
Hat
1
I
1
11
1
THE CHRONICLR
9, 1891.]
Mid tventj-two
tlie
same.
What prnportlm
2.
of
Ittnil In
your neigh-
alreadT planted ! Anmrer— Six liiiiidrtMl awl thirteen repii. a
per cent planted. 3. Has tlii> uor«iii{o In jrniir
Angwci^sU hundrwl
Inori'iiaoiT:
If so, al'oat wliiit por cent!
ooiintv
and Ihlri. in rcpllea averngo oncBlxlecuth of one piT oout turruaiio.
Inst
iliiin
forward
yeHrt
Aaiwer-Ti ree
more
leaa
or
4. Ih pluiitlnK
hundred and i'li;lity-two ear more adTHniol, nlnetr-elcht not so wo.l,
the
same.
abmit
5.
Baa
the wenther
thlrtrthree
and one liundrod and
far lii'on favorable or otlierwlse I Answur— Four hundred and forty
alxty-idne
iiufavorHblo.
and
hundred
0. Have
four s >y favcrable, one
Tou SUIT red to any extent for riiUi I Anawrr— All lint live say no.
towns
Texas
report
from
thiity
two
8
per cent
Fifty-eight replies
Increase in acreage. Slxty^ even per cent of th« crop lian been planted,
and the weather Ims been very favorable sluco April T.i. To the iinesWou, How are plantlntt operations pronresslUK this year as ouinpared
with iB'tl Answer- Twenty-tlvo eorrcspoudents state oarllor, twenlv
later and thirteen the same. Wliat proportion of land In youriielghborbr od la already plnuledl brliK's rusponaea which average Mxly-seven
percent. Forty-three correHpondeuts report additions to the acreage
In their oou ntlea which In the average la twi Ive perm nt; eleven report
no change, and the reiualiilng four almw an average decrease of nine
per cent. The avernge of all the replies is an intM-ease of eight per cent:
twenty-three report plantlniiraamore forward than hist year, eleven leas
•oancf twenty four aay the eaine. According to thirty-eight the weather
kae been favorable and twenty say unfavorable. Only two state that
there has b^eu auirering through lack of rain.
The
avoroKo
887
rainfali averaffw are aa followi:
Ijori iiod Is
~
—
.
flftjrclgut
o
Dt»mUr,
ItaUi/att
N'lira
Rain-
Day$
Italn.
/oll.
ra4j».
Jail.
3-80
IHH
1'4«
MisniasiPi'i.
1890
1889 (good)..
1888 (good)
1887 (good)..
1888 (fair)...
1883 (fair)...
308
8«
7>«
18M
7
8
8-87
l-e9
4-78
7-39
8-38
14
8
8'41
5
8-83
0-80
3-48
6
8
12
8
9
7117
ia
8
1
8*89
S-I9
6-88
8-33
1-89
8-91
7-88
8-14
s-es
11
10-08
1-89
lu
8^
lOH
10-14
IIM
fu
m
8-10
l^
8J3
ri9
S-86
0-59
4-60
6-78
1-86
H
f
7
3-31
4-06
7-58
6.67
4-53
4-29
4-78
1
t
f:g
t-w
1-74
0-87
7-77
0-87
8-SI
8-48
ni
6-85
3-55
5-33
3-38
3-14
5-81
4
3
8
rs
»tM
3-H
6M
U
I
7-83
8
8
fa
m
u
3 71
4-84
843
3-79
6-91
3-38
6-46
IIS
8-09
10V7
8M
8
M
in*
8
6
8
7M
7
U
4
It
"fi
11
3-38
6-83
1«
690
19
6-41
11
11
13
ABKANSA8.
1880
1889 (good).
1888 (good)
1887
1886 »:::::::
1888 (fair)
iliicr(i«e>.
4-68
6-
:
n*mu>nut«r
8-61
0.58
8-80
7-10
3-68
8-48
3-38
0-68
8-11
9-uO
3-7»
4-88
1888 (good).
monthly weither record, we have
1888 (good)..
prepared the subjoined tables, which show the State averages
1887 (good)..
1886 (fair)...
of rainfall and.thermometer in December, January, February
1888 (fair)...
and March for six years, 1885 88 to 1890 91 inclusive. The TBHNI8SU.
thermometer aTerages are given first
1880
March.
8
1?*
8
4-88
4-68
8-14
4-18
in connection with our
February.
0-88
S-41
4-78
3-66
8-48
18
g T
6
1-36
<yoi
;
January.
N-n
'^
CABOLUf A.
1890
Throughout the States east of the Mtaalaslppi the Far mors' Alllanee
and the local press are urging upon planters the necessity of planting
In the paat such advice haa aeldoiu
leas cotton and more corn.
been ftl'owcd but now, with high pricea for corn and low p ices for
December.
Dam
rmm.
Jail.
•^
888
ing:
of interest
MiM-cA.
R«4i».
.]*'
4-88
4-88
4).
1888 (fair)
&
AVKRAOE OF Temperature and Rainfall. —As
-
Rnin-
8
91
its
Cotton Plantino- Defective Seed.— Messrs. Hubbard,
Price
Co. have favored us with aa advance copy of their
circular for the current week, from whicli we take the follow-
cotton, our IntoTination leads ua to believe that plantera will inoroiiso
their acreage of corn at the exjwnae of cotton. In this soctloiofthe
cotton belt the crop haa been hastily planted in ground not well prepared, because of the backward aeasoa, and we are receiving inanv
coniplalnta of defective seed. The uuaidmlty of this ooraiiialnt has iril
us to II ake Imiuiry aa to whether the seed of a largo crop la ai a rule
of diHtlent fecucdity. The opinion of the beat authorities seems to lie
that such is the case, but is divided as to whether their diminished
vitality la due to any natural law applloalilo to vegetable life o ' to the
fa<'t that the picking aea' on of a large crop generally extends far Into
the autumn, aud the aeed being for a long time left exposed in the Uc^ld
are rotted and thereby Inipairea. Thelattervlowof the case seems borne
out by the eipi rieiice of the oil mills this year, as thoy report that the
oil pressed from this season's yield is of a very Inferior ouality.
So far
as we can learn, the stock of fertilisers remaining In the Interior unsold
la very large aa compared with prevloua aeaeons.
fKlMID.
Oayi
•-
Cabolwa,
i88tf(r>od')ii-.'.'.".'
KOITTB
JamMry,
7
4H
15
9
8 74
6
3-63
1-01
3-08
6-71
8-50
3-88
8
rt
H
13
im
7
8-87
7-53
6-10
8-l«
8-92
3-83
4-83
6-81
3-44
8-38
13
6
13
6-18
8-27
4-76
4-25
4-89
4-38
9-88
8-41
S-S7
6-14
4-16
4-27
l*H
7-88
3-38
6-96
9-41
8-63
8-60
8
M.
18
9
12!«
k
11
Texts.
N.CAR'LINA
IhOO
iseoViibod)
1888 (good)
1867 (good)
1886 (fair)
1883 (fair)
S.
2in
67-4
746
85-.!
1
83-6
18-4
63« 15a
41-9
5u-3
40-2
42-1
88-6
7B-0
21-0
070
19-9
16-2
23-6: 61-3
75-8
78-2
66-5
70-9
71-4
82-4
27-2
14-8
16-5
49-8
53-0
84-2
48-9
40-9
7-0
42-8
42-3
89-4
87-2
73-1
77-4
87-3
73-8
70-1
67-7
2ri
46-9
';9-8
87-3
2U-9
84-3
21-6
660
80-9
70-9
71-9
7J-3
67-5
85-
78-7
76-8
66-5
73-3
88-5
83-4
87-0
30-0
4S-3
54-81
78-3
78-5
83-1
19-9
45-3
73-1
47-21
888 800
12-6
41-0
-8
3t)-5
75-1
68'
33-B
12-7
88-6
40-8
30-3
53-9
64-5
55-8
88-8
28-1
24-3
15-8
86-8
64-8
63-6
69-9
52-4
38-8
44-8
38-3
33-0
38-8
31-6
36-8
88-8
67-4
58-6
S3-
469
64-1
68-8
47-5
6;v8
u«
68-1
28-fl
44-8
71-5
e9-n
66-B
70-7
88-3
47-9
58-3
46-0
46-9
43-e
46-0
39-1
fiO
ft-4
as-
7-4
88-4
44-1
70-0
7o-8
78-0
75-5
77-2
79-U
45-1
19-41 48 «
27-7 47.3
80-5 48-1
87-1 48-2
86-8 50-6
ai-5
CAR1.INA
18*0
1880
m(Mooa)
((ood)
1888
SSfioodI
1887
87 (good)
1886
86(falr>.
i88S(falrl
7B-2' 2»-p
88K, 25'0
70-51 sa-s
84-7
20i»
l>8'4
85
13-0
48-3'
45-71
43-11
38-5^
80-«
81-6
30-7
50-7
55-5
58-4
44-4
7-2-4
89-7
82-1
23-2! 64-6
74-11
29-1
50-;f
78-5
54-0
78-4
12-3
43-.>
76-9
34-2
33-7
18-5
55-2
67-1
43-2
5l-«
5S-5
44-9
77-8
77-0
1
51-9
5-^-9
*1-<|
30-7 6ii-9
»Si 63 3
QlOROU.
18S0
1888 (KOOd)
18X8 (good)
680
17(1
48-9
57-7
44-8
45-9
42-M
88'3
24-0
45-4
89-4
38-0
87-9
32-4
27-«
28-2
58-9
62-1
53-9
78-S
57-l<
80-1
54-4
54-8
74-li
88-1
M-1
78-8
76-5
87-3
87-6
29-5
12-2
19-4
18-5
6-3
750
eSK
e8-K
89.0
28-5
23-1
21-»
81-4
74-.
74-8
59
61-4
8•^-«
78-8
;8-3
81-6
74-8
64'
Sj-3
75-3
30-0
81-8
32-7
2--2
77-9: 29-4
51-3
53-6
83-0
80-2
81-0
83-4
78-6
80-5
7t)-e
531
63-3
53-9
63-8
48-3
63-7
2-i-B
fll-3
38-4
35-2
58-8
8i-6
69-7
5e-0
3
34-7
1890..
188* (go >d),
1888 Sood).
1887 (good).
(good)
1-86
8
0-13
3.43
8
401
10(4
1-86
8^1
10>,
fair)
1888 (fair)
0-68
8-82
6
0-48
2-10
1-14
3-31
4
9
5«
305
2o'3
22-H
20-8
23-2
58-(<
46-8
4--H
45-1
45-8
72.0
64-9
273
49-7:
79-0
79-0
74-0
70-0
44-6
77-
83-6
33-8
tO-8
70-8
14-9
73-8 830
79-5 81-0
76-U 34-0
77-8 36-.
77-7 82 8
75-8 31-0
good or
fair.
DoMES-nc Exports of Cotton MANCFAcmniKS.—Through
the courtesy of Mr. S. Q. Brock, Cliief of the Bureau of
Statistics, we have received this week a statement showing the
exports of domestic cotton manufactures for March, ancl for
the nine months ended March 31, 1891, with like figures for the
corresponding periods of the previous year, and give them
below:
Quantitlu o/ Manufacturet of Cot- Month enMnt
ton (colored
and
1891.
Qreat Britain and Ireland
yards
Germany
North America
Britlah
54-11
.Xezioo
Central American States and
78.3
TBt
7*8 865
70»
70-U
»
27-1
83-f
29-.'
83-0
89-2
28-9
20-1
17-5
80-
S6-8
es-e
60-8
49-8
51-0
58-e
48-8
59-0
45-9
44-9
44-0
47-1
71-5
80-6
78-K
78-1
73-0
70-5
87-5
8o-8
28-8
83-0
48-6
80-8
61-«
18-4
8-1
49-1
42-4
60-;i
lis
36-6
8S-6
86-0
lS-6
74-8
107
43-4
48-5
877
8-8
srs
fS-7
77-7
8S-0
41-'
19-3
19-2
6-4
3-7
491
75-3
78-6
68-8
46-8
64-8
462
80-8
81-0
78-6
78-3
78-1
78-0
79-6
8J-4
80-5
38-3
24-2
5«-l
3l-l
8i-ci: 38-6
81-8
63-1
80-3
79-1
41
86-3
28-1
3e-n
58-3
88-8
83-8
51-5
391
84-9
688
57-4
59-0
68-2
6 -8
«3-6
57-5
63*
568
79-6
38 -s
78-4
19-5
87-
44-8
70-8
20-2
83-8
80-6
83-..
67
14-1.
43-2
81-8
78-0 800
78-7 17-0
76-0 17-1'
72-8 185
74-4 88-1
87-0
7-6
46-1
48-3
41-6
46-3
78-0 38-3 47-4
88-u 10-0 60-2
80-0 89-1) 51-3
80-7 8648-M
7i-0 8>.-3 63-1
78-8 S«'' 48-8
80-8
76-4
74-0
70.4
78-6
73-h
5' 1-8
SS-4
61-S
63-1
63-3
63-8
66-9
M-5
British llondaraa
7H0
ai-s
27-3
67-
21-1-
66-2
60-8
12-5
18-5
161)
ea-.
74-8
65-6
«t)'3
as-0
66-0
»:-o
85-0
18-3
9 4
8-5
18-0
89-;
1888 (good:
U87&ood
iwetRur)
18WI (fmn
aav
305
4S-1
57-6
43-8
40-4
8T3
4S-S
41-7
57-4
42-«
38-6
95-6
406
55-4
5H-8
49- .A
44 o
4«1
41>-«
660
7S-8
T3-S
80-7
-6-0
4I-:
87-
ae-.
38-3
•7-0 84-7 40-8
76-S 88-3 48-9
61-8 81-a 40-4
73-4
7-8 87-7
70-3
8-8 88-0
68-9 -9-5 I8>
69-8
78-9
69-0
aO-0
85-5
84-8
48-4
64-4
46-6
75-1
77-5
70-9
8-0
9-5
40-1.
10
40-1
S4-J
TO«
78-6
70-2
87-6
78-7
«8-l
80-8
81 -(
34-8
lA-0
14-0
34-7
Orv
47-i
40JI
48-9
60-t
«»--
*»>
48-1
S«-8
88-0
68-7
786
18-8
75-8
73-0
77-S
78-/
W-7
ne-9
47-6
61-6
48-9
45-8
31 1
22-H
IM-1
70-0
7J-8
77-8
77-5
73-4
78-7
83-8
46-9
16-2
473
28-S
81-8
36-6
3.-7
60-8
78-8
8S-0
30^
78-1
80-"
83-8
38-6
88-9
711-U
'A-.
34-1
32-1
"">wj '• umi,
bad," "good," "fair" and -'fail" above
.Jdr The words
>.'5T...*"°
inat
Ihat the
th aggregate crop for the year was bad, good, fair or full.
-8
4r4
60-6
47-8
.
'
•
8.868.100
S39.UC0
1,911,000
686,734
848,880
16.3;8
331,818
609,884
83.048
Total valaas of above
11.088,080
1-0867
other
MaimtaetuTf
461,156
1343.387
16,314.437
oj
134,627
27,653
l.lr8,li-8
Total yards of above
ralneperyard
81..S47
868,701
4t«.08O
llOA^e
United 8Utea of Colombia.
OtberoonntrleslnS. America
China
British East ladles
Other cuanlrles in Asia and
Oeeanloa
Africa
Other ooontrles.
842,868
866.787
1.071.096
72,848
1.604.481
144.641
687.476
643.888
7.887.118
113.84^
1.606.486
372.9*1
6.360.836
1890.
6387.8«e
608.688
l«7.789
388340
6.077,714
8,348.176
11.488.397
1.084.172
6.017.068
8.606.880
14JI88.334
4H.098.0VH
4,843,677
S34SJ83
10384384
3.118,886
8.606.868
8,897,907
4394,416
8381381
8.188.978
8.097308
1.431,038
18301344
13310.188
4318,971
4383.445
133.473398 84300398
t8J8.904
8-0888
1-0881
81
1811389
776
738
809
"
17,976
3.103
84.748
887.888
137,^99
.%300
8;78»
TMMI
T835KSB
rmia
of
Cotton Mfforttd to—
Sreat Bntaln and Inland
•€
*»•*!'
Oennany
Krance
Other ooantrlss In Bnrope
BritUh North America.
Mexico
Central Amerloan at4ues
Uondnras
West Indiea
673
84.600
11.713
3.71
13,161
Braxll
United Stata* of Colombia
Other ooantriM In Ro. America
Other ooDotilee
Oeeanloa
la
38343
11
4 British
Artentlne Kapablle
British possesaiuns la Anatralaala
8S.8
go-3
66-8
68-7
69-3
63-6
1,810.642
31.871
871.886
74,5«<
365,201
Wsatlndles
TaluM
74-3
8 mot. nuUnf ItcK 81.
1881.
1880.
Argaotlne Kepabllo
Braall
27-5
34-1
McK 31.
uncolored)
exportedlo—
54-7
64-e
55-7
57-3
56-5
IIM
H^ The words "bad," "good" and "fair" following the years given
above mean simply that the aggregate crop (or the year named was bad
Other countries In Bnrope
47-8
67-3
47-8
n
Asia
Other conn tries
•4387
818331
88360
33e7
6,718
SO.088
8«,a80
80.488
S.4S3
6,718
49388
48.487
88,018
18.70"
SI 346
910.177
888.719
89
808
1.893
3.S47
1,616
aad
Afrtea
90.781
7.148
8JM
Total value of other manafae.
1163.816
tares of
4 araaate val ae of al I enttoe sood* 8I.940.94S
33"3,
480
4,1
8394
88.10O
813(388, |13U3eO| 8t3«8M8
1791.789 39.710.994. 87.984.708
.... .............
.
A
...
.
:
THE CHRONICLR
688
Wkather Record fob MiRCH.— Below we
The Bgures are from the records of the Signal Service Bureau,
except at points where they have no station, and at those
points they are from records kept by our own agents.
i'
Clarkidale—
1880. 1889. 1888.
1891. 1890. 18S9.
1891.11880. 1889.
1891.11^90.
M.
64-0
25-0
41-0
74-0
280
5a-o
66-2
20-1
40-4
670
280
43-0
78-0
25-0
51-0
67.0
21-0
42-8
78-0
24-0
79-0
30-0
180
700
230. 2ao 290
38-9
43-a
71-0
74-0
81-0
48-0
770
72-0
860
68-0
19-0
58-6
413
74-0
22-0
45-9
78-0
28-0
69-1
63-
72-0
77-0
28-0
59-0
36-0
45-0, 64-6
73-0
I
80-0
87-0
57-0
80-0
68-0
42-4
78-0
21-0
49-1
78-0
83-0
51-i
66-5
73-0
83-0
49-0
790
28-0
52-8
60-0
13-0
37-0
82-0
680
3O0
54-1
17-0
40-8
720
68-0
640
70-0
83-0
10-0
34-8
28-0
40-8
46-8
87-7
25-8
43-6
88-.
74-0
20-5
49-0
660
170
870
190
41-0
75-0
22-0
49-8
680
89-9
68-0
24-0
42-9
73-U
87-0
64-7
68-5
25-2
S9-8
690
77-0
70-0
Average..
68-0
22-0
41-9
74-0
24-0
41-0
42-6
21-0
43-1
85-0
63-0
20-0
44.8
79-0
83-0
52-2
8f0
Lowest...,
Average...
386
78-0
18-0
50-7
68-0
10-0
85-3
88-0
15-0
37-9
72-0
19-0
46-2
60-0
12-0
37-8
66-0
16-0
43-9
71-1
Lowest
28-C
Average..
4rc
Highest..
63-0
Lowest
210
. .
Average..
WtUon—
Highest...
Lowest
Moroanton —
Hrgbeat..
15-0
860
190
76-0
48-0
21-0
43-0
47-5
17-0
42-6
250 220
50-8
41-4
660 780 630
670
320 200
80-0
30-0
56-0
76-0
30-0
88-0
Hlgbest.
Lowest.
4S-il
11-0
37-2
72-0
33-0
49-8
78-0
30-0
68-8
77-0
82-0
14-0
23-0
44-5
78-0
2"-5
4T1
74-0
84-5
48-0
70-0
78-0
19-0
60-0
75-0
28-0
47-9
82-0
82-0
58-0
74-0
28-0
48-8
230
45-8
53-C
700
180 850
75-0
84-0
61-0
Lowest
Average..
78-0
370
87-8
27-9
60-0
47-1
Lowest
Average
.
72-0
29-0
50-6
78-0
3<10
59-0
71-0
29-0
50-0
80-0 79-0
89-0 390
58-0 61-0
70-0
740
280
34-0
48-0
530 580 530
83-0
85-0
74-0
34-0
89-0
iS-u
46-1
74-8
29-8
66-7
67-2
26-0
44-5
72-0
27-0
77-8
481
64-3
88-0
25-0
48-0
77-0
27-6
68-0
69-6
21-5
45-9
75-2
83-8
44-1
78-0
27-0
55-0
64-8
26-0
48-7
80-8
8»-0
54-4
63-5
25-5
79-2
45-1
80-6
31-8
56-e
73-8
81-6
190
28-
280
75-0
28-9
43-7
60-4
53-8
58 '3
830
250 380
64-2 530
69-5
18-5
43-9
89-8
88-6
830
77-0
39-S
48 8 54-0 84-1
88-9
81-0
—
Betena
Hlgaest...
Lowest....
Average.,
fort
Highest...
71-0
Lowest
280
78-0
28-0
48-6
Lowest
Lowest
Average...
80-0
670
76-0
26-0
47-0
71-0
26-0
46-4
72-0
630
77-C
31-0
51-8
77-0
80-0
71-0
290
87-0
Average...
Borne.Highest.
.
Lowest
Average...
Tarruth.—
Highest...
Lowest
Average...
48-0
20-9
41-2
320
69-1
2o-0
59-7
470
300 280
Lowest
56-0
88-0
84-0
88-0
53-0
78-C
86-0
70-4
24-2
45-1
72-0
25-0
48-4
75-0
87-0
51-0
88-0
18-0
48-3
780
300 280
51-0
64-0
77-0
80-0
50-6
78-0
380
89-4
28-8
840
380
59-7
690
81-0
80-0
88-0
61-4
290
260
66-8
76-0
84-0
80-(i
79-0
30-0
43-1
620
Hlgbest..
Lowest...
Average..
WdthvllU.Highest.
75-C
14-0
39-7
73-0
47-0
49-6
50-0
810
840
780
350
770
340
46-6
56-0
81-4
85-5
68-8
80
Average,
Hemphis.Hlghest...
Lowest....
Average...
58-0
23-0
48-0
67-0
87-0
41-0
72-0
35-0
56-0
61-0
25-0
48-0
78-0
24-0
66-0
75-0
850
58-0
es-c
20-(
40-1
,
73-0
35-0
58-0
78-0
27-0
51-0
54-0
23-0
43-0
720
28-0
6O-0
880 130
43-0
70-0
84-0
48-0
780
55-0
63-0
42-0
470
75-0
84-0
6) -6
82-0
32-0
61-3
72-0
84-0
49-3
74-0
80-0
48-8
80-0
30-0
55-9
78-0
SO-0
49-2
880
80-0
76-0
24-0
66-9
370 200
B4-0
240 230
B5-»
77-0
41-0
63-6
70-3
Sl-8
53-6
82-0
Average..
8!-0
Sl-0
«0'8
CityHighest..
86-0
83-0
Average.
300
59-8
85-0
48-0
69-0
83-0
58-0
SI-0
40-9
73-0
21-0
47-3
73-0
40-3
71-0
83-0
49-8
73-0
31-0
81-0
61-0
82-0
40-5
73-0
74-0
89-5
67-0
20-0
46-0
79-0
18-0
48-0
78-0
28-0
50-4
600 430
74-0
79-0
26-0
61-4
47-7
170
760
230
81-0
17-0
88-0
33-0
41-4
4S-0
490
52-1,
240
62-0
14-0
60-0
39-8;
65-0
83-0
46-0
70-0
18-0
46-7
73-0
27-0
60-8
75-0
34-0
51-5
72-0
72-0
23-0
47-7
73-0
18-0
47-8
78-0
27-0
50-1
77-0
210
74-0
37-0
69-5
70-0
30-0
62-1
730
450
81-0
83-0
53-4
80-0
31-0
64-3
72-0
39-3
49-8
69-0
79-0
82-0
55-5
70-2
84-6
83-0
471
310
540
81-0
19-0
63-0
80-0
84-0
50-4
80-0
38-0
58-6
87-0
80-0
59-0
82-0
38-0
57-8
83-0
89-U
54-7
80-0
35-5
65-4
720
73-0
30-0
79-5
750
84-0
330
497 530
38-5
890
570
83-8
22-0
80-5
79-0
83-5
81-0
89-0
58-8
89-0
28-C
68-3
8G'3
40-0
59 8
.
Lowest
Average...
Highest...
Ijowest ..
Average...
180
48-6
90,
89-3
34-0
280
49-0
350 328
75-0
75-0
340 SIO
690
58-5
34-0
540
January.
8
Raintall.in
0-81
016
Davsrain..
8
1
2-92
11
4-95
0-80
1-03
8
3
8
4-67
10
Rainfall.lD
3-81
8-92
0-94
815
8
0-48
3
8-67
Days rain..
18
7
12
0-85
1
2- 35
3-05
4
8
2-18
4-80
8-87
511
8
3
t
9
003
2-18
10
2-33
1-28
8
8
3-98
8-90
0-90
9
8
4-81
11
1-07
518
3-70
11
13
6-92
10
3-71
1.88
10
13
7
2-95
11
6-39
15
8-50
3-36
19
11
8
30
0-44
10
6-39
14
8-33
13
1-08
3-98
14
503
7-05
6
78-0
78-0
WUmingt^n.-
1-13
5-10
10
18
4-46
1-69
1-93
11
4-81
8-09
4-06
9
18
11
7-58
11
I
18
1-83
4-61
10
5-15
12
1-60
11
5-57
13
3-53
7
8-30
11
5-07
13
3-87
12
8-95
15
3-83
11
4-59
7
1113 5-08
1-01
314
211
11
3-58
8
3-36
4
8-49
7
8-59
14
8-60
3-37
6
4-64
18
6-47
1-73
11
7-49
5-47
11
7-68
15
3-53
3-87
6-99
13
8-80
11
5-78
10
8-44
16
3-05
5-28
10-18
3-13
10
8-85
10
Rainfall. in
Davs
53.9
rain..
710
390
670 540
75-0
25-0
WfUon-
730
Days
rain..
54-0
Charleston-
8U-4
77-0
43-0
86-0
70-3
31-8
63-6
860 760
38-U 490
89-0
e5-5
70-0
34-0
68-3
86-0
82-0
54-8
89-0
76-0
88-0
370 880
290
66-2
68-3
66-4
87-0
44-0
85-3
82-0
48-0
66-0
;90
330
85-0
37-0
69-0
87-0
48-0
68-6
64-8
330
67-5
840
80-0
57-0
56-7
^20
74-0
25-0
59-;
57-4
Ralnfall.ln
Days rain.
1-01
4
rain.
81-0
Ralnfali.lD
390
570
Days
81-8
85-0
87-0
80-8
82.0
88-0
73-0
480 380 430
86-0
65-0
58-3
81-0
39-0
88-J
83-0
87-0
34-0
60-O
0-75
3
3-07
3-81
8
11
0-88
3
405
0-60
8-42
6-73
rain..
3-89
10
4
7
16
SatJarinah.—
Ralnfali.lB
2-90
0-00
3-87
7
Kalnfall.lD
Days
rain..
60-0
830
81-8
Rainfall.in
83-0
38-0
68-4'
81-0
88-0
82-0
480 380
650 88-8
41
60-8
Days
Days rain..
Oolumbua.—
Days rain..
Tampa.—
Lake City—
74-0
29-0
57-8
66-0
80-0
85-0
56-4
76-0
87-0
52-2
80-1)
7i-0
88-0
48-1
460
80-0
39-0
84-3
72-3
30-7
51-8
77-0
32-0
53-0
78-0
74-4
86-5
48-8
6
rain..
090
800 350
530 580
28-5
60-1
1-57
Rainfall.io
Days
75-0
75-0
88-0
54-0
700
8-25
10
6-83
9-46
18
0-99
18
11
74-0
25-5
581!
81-0
28-0
64-1
81-0
61-f
61-4
780 870
280 230
810
390 280
880
230
67-1
80-0
38-0
68-3
Rainfall.in
Days rain.
Rome.—
Rainfall.in
660 690
67-0
64-0
89-0
45-3
tfr'd
Lowest
27-0l 38-5
71-3
89-8
Average...
56-6
65-0
538
Days
75-0
73-0
l')-5
56-0
53-8
48-8
880
6a0
81-0
18-0
53-0
531
82-0
38-0
65-1
75-0
34-0
61-5
80-0
84-0
62-6
82-0
40-0
64-0
7«0
320
80C
80-0
390
79
61-9
300 440
60-6
81-8
76-0
30 8
rain..
Rainfall.lD
78-0
81-0
88-0
30-0
88-0
820
77-0
190
490
8
3-68
3
3-64
0-20
3
1
2-15
1-30
8
3
rain..
2-88
7
0-77
3
4-83
7
000
3-88
11
JacksonvUleBainfail.ln
Rainfall.in
rain..
S-87
o-oo
10
5
rain..
1-89
78-5
2»-0
81-0
25-0
536
80-0
82-0
57-5
81-9
25-4
66-6' 47-4
78-8
31-5
81-8
80-0
80-5
69-4
73-0
34-0
88-0
63-8
6981
89-6
38'H
59-5
70-0
22-0
45-0
81-0
57-5
48-0
&6'0
75-0
84-0
47-0
70-0
24-0
60
82-0
78-0
850 230
87
49-8
55-!i
83-0
58-5
78-0
870 880
300 220 39-0
53-8
56-9
790
80-7
25-8
31-0
80-U
820 84-0
280 880 280
81-0
58-0
49-5
54-5
BOO 700
840 240
700
51-0
70-0
10-0
40-0
880 79-0
890 31-8
888 800
79-0
84-0
48-0
81-0
88
58-8
Days
4-87
5
80-0
88-0
56-0
120
400
68-0
870
52-4
79-0
34-0
63-e
70-8
84-8
47-6
73-8
...
Average...
Highest....
87-0
Lowest.
Average...
830
80-0
83-0| 23-0
80-0
81-0
49-5
79-0
Xeland—
68
8'
57-7
47-8
20-0
54-0
880
470 592
880
6
1-65
2-80 11-59
4
805
8-87
7
13
18
8
870 84-0
190 280
58-6
57-0
70-0
700
700
26-0
47-4
77-0
24-0
46-6
78-0
380
52-8
880
73-0
31-0
57-6
36'(>
48-8
24-0
140 28-0
600 490 500
81-0
80-0
830 840 380
&6'4
63-0
81-0
58-8
84-0
80-0
53-81 54-4
55-9
81-0
89-0
61-5
10
8-78
7
6
12
3-49
5
8-75
13
3-58
9
6-90
7
4-02
3.51
5-15
18
6
7-80
11
4-95
5-45
8
8
8-86
11
8-11
4-38
8-74
12-49
8-66
15
9
8
19
8
5-93
18
0-38
0-01
1
3-87
11
0-93
0-87
4
7
0-08
9-81
1-28
8
8
8
3-43
4
1-95
7
2-88
10
1-38
3-07
8
0-93
5
4-25
8
3-54
6
S-17
4-43
3-84
1-67
8
8
7
4-65
3-7S
8
4
8-95
3-85
4-08
15
13
3-85
11
3-84
9
10
7
4
1
14
0-98
0-84
1052
7
5
14
0-83
5-48
laUahassee—
Rainfall.in
Days rain..
2-90
4
000
1-85
0-49
8-13
3-57
8-53
6-70
4
4
3
14
16
14
1-55
2-83
10
6-60
0-60
8
0.53
3
13
3-15
0-41
4-66
5-88
7
5
0-63
3-94
4-9f'
4
"
4-15
8
0-78
1-95
9
3-75
4
3-85
8
:;::
8-43
1«
3-43
10
3-49
9-73
18
S-9S
10
18
4*
4.51
2-85
4-64
6-96
348
5
19
5
1-78
5-58 10-07, 6-83
-
1-35
3
ALABAMA.
Hontgom^y.—
Rainfall.in
75-9
41-5
60-91 60-4
7
2-8t
13
8-60
5
8
4-49
o-oo
rain.
Days rain.
UobUe.Ralnfall.in
Days rain..
Selma—
Rainfall.in
Days
rain..
8
Auburn—
800
480
7
.
Rainfall.in
Days
1-32
Rainfall.in
Volumbut.78-0
12
FLORIDA.
Days
770 79-0
250 290
48 9
760 810
87-0
61-8
6
Forsyth.—
Days
55-9
0-8!)
8
ntusvWe—
Bkreveport.'
4-80
Atlanta.—
74-0
30-0
58-0
SO'O
26-0
47-0
Lowest.
3
11
aSOROIA.
71-0
82-0
45-0
64-0
84-0
45-8
Highest...
17
Augusta.-
49-4
77-0
38-0
Ubtrty HiU-
80
Oolumbia.—
80-0
84-0
49-0
77-0
33-0
62-0
800
1
rain..
59-0
68-0
79-0
303
CAROL'
80-0
85-0
72-7
25-0
49-U
83-1
18
Uorganton.—
63-0
29-0
45-0
290
780 r.-b
810 320
64-1 610
840
1-54
14
Wetdon.-
53'
380
380 4N0 S20
57-(J
3-8B
11
CAR'NA.
H.
8.
82-0
76-0
280
530
1891. 1890.
3-88
83-0
310
75-3
84-0
1891. 1890. 1389.
8
880 340
81-0
78-0
77-6
February.
1889
0-77
84-0
83-0
44-0
64-8
82-0
75-0
26-0
63-0
1890.
6-01
9
Bainfall.lD
DajsralQ..
80-0
89-0
86-0
31-0
63-6
81-8
63-8
54-4
Sorfolk.-
77-0
3O-0
61-0
74-0
31-0
63-8
66-1
280 340
1«-9|
BainfaU.
18-0
49-0
80-0
40-0
83-4
82-0
83-0
56-1
Belma—
.
61-0
12-0
36-4
42-0
53-9
33-0
58-8
.
63-0
19-0
37-5
70-0
63-7
850
Lowest
850
77-0
230
460 490
59-4
770
.
65-0
81-3
41-8
75-0
80-J
02-4
78-0
Average
830
510
170
63-6
660
VicksburaHlghest...
79-0
50-4
526
78-0
38-0
5b-8
Highest...
Lowest,...
64-0
87-7
42-3
50-0
660
700
880
.
60-6
20-6
38-8
451
56-8
76-0
38-0
61-4
Lowest.
Average..
75-0
30-0
48-0
46-8
6C'3
880
150 880
69-4
78-0
MI88188'P1.
710
850
400
82-0
750 710
470 400
37-5
58-0
300
Ulghest...
65-5
78-0
18-0
450
78-0
16-0
39-7
76-Oi
Lowest...
Average..
PaUatine.—
Highest.
69-0
Sl-0
49-8
Average...
OotcauHlghest.
78-0
7-0
TBXA8.
Highest....
Uobilt.Hlghest...
Highest
Lowest..
80-0
14-0
43-1
Qalveston.-
82-0
33-0
54-8
LOUIS'NA
13-(
320
73-0
24-0
40-8
84-0
81-0
a. Orleane.—
Highest.
Lowest.
Average.
65T
140
78-0
17-0
6O-0
89-0
14-0
52-4
73-0
32-0
65-0
.
80-0
80-0
26-0
BO-0
56-5
80-0
81-0
46-9
.
64-0
82-0
40-4
700
2-2-0
81-0
30-0
59-»
Average...
67-5
31-5
41-8
78-0
16-0
43-0
78-0
83-0
87-0
68-d
Auburn—
80-0
24-0
51-8
41-2
70-0
26-0
47-4
Average.
240
485
79.0
81-0
52-9
800
57-3
Highest..
Lowest....
51-0
84-0
24-0
43-0
-8-0
230
18-0
50-8
62-0
.
78-0
Average..
78-0
27-0
84-0
Average..
76-0
88-0
46-9
Lowest
840
430
TO-0
23-0
47-0
780 78-0 78-0
280 200 170
Lowest
Highest.
580
.
Average...
ALABAMA
6B0
21-0
45-5
66-0
83-0
28-0
Lowest
Average...
Austin.-
Uontgom'y.—
79-0 69-0
Highest.
7.1-0
Lowest..
29-u 84-2
2l)-0
Average.
61-0 59-2 46-B
.
42-1
760
73-0
88-0
48-0
25-0
59-0
70-0
24-0
46-4
Lowest
51-0
78-0
28-0
49-4
gtatsouru—
Ijake
.
48-8
SS-6
23-0
86-5
Days
800
300
.
25-0'
650 720
Rainfall, li
73-8
87-6
61-8
Lowest
Average..
2dUa\aMee Highest
66-0
20-6
41-7
430 540
Rainfall.lD
80-0
35-0
68-0
Lowest....
Average..
lituevUle—
Highest...
630 75-0
260 810
42-0 500
77-0
17-0
50-3
Oharlotte—
70-0
80-0
.
11-3
Highest...
62-1
230 170 880
84-0
25-0
44-0
Highest...
Lowest....
Lowest.
220
87-0
83-0
Lowest
55-5
FLORIDA.
Highest...
4t>-4
83-0
43-5
80-0
230 310
JacktonxtUU.
lampa.—
84-0
83-0
8"10
58-4
TIEQINIA.
eo-2
23-0
42-7
Oolumbus.Highest...
19-0
40-6
Smith-
OBOROIA.
Average..
BavannatL.Highest..
73-0
83-0
51-7
1890. 1889. 1888-
Altmuta.—
Average..
Atlanta.—
Highest...
81-0- 73-0
23-0
41-0
Aiutin—
Columbia—
Highest....
620
ARKANS'S
44-1
Oluu-letton.—
iRateburg.—
Highest..
74-0
22-0
48-1
Ashwood.—
S.CABOL'A
Highest.
Lowest.
Average.
730
26-0
45-6
TBNNES'B,
WUmin^/Um-
Average...
Charlotte—
Highest...
1891. 1890. 1889.
UUURoclf.-
43-1
CAR%A.
WMon.—
February.
1891.11890. 1888
i
Lowest.... 80-0
Average...! 44-3
Highest...
Lowest..
Average.
TIROIMIA.
1889.
MISSISS'PI.
March.
February.
January.
1891. 1890. 1889.
thermometer^
Ulghest.
January.
tlurmomtttt
(Vol, LU.
give the rain
and thermometer record for the month of March and
previous months of this year and the two precedmg years.
fall
Worfolk.—
Highest..
Lowest...
Arerage..
1
Halnfall.ln
Days
rain..
LOUIS'ANA
V«w OrleansRalnfall.ln
Days
8-58
4
16
I
8
0-68
0-e7| S-83,
10
16
8-18
18
2-78
7-06
3-79
6
6
5-78
11
6-86
9
8-66
2-81
8
5
8-78
10
8-67
1-46
8
7
4-63
303
3-11
6
3-60
18
3-09
10
18
3-01
4
3-«8
13
14
9-48
11
11-80
3-36
13
11
8
6.61
10
3
11
0-64
4
4-«8
8
17
5-15
13
4-02
8
13
10
2-27
2
3-76
4
4-03
10-43
3-153
8-42
1-83
800
7
7
7
5-78
10
8
7
8
rain..
7
5
15
Shreveport.Rainfall.lD
Days
rain..
Ord. CoteauRalnfall.lD
Days
rain..
3-33
5-10
8-73
10
8
1
. .
.
.
Hat
tsbruary.
January.
Dtctmbtr.
ina
1880.
I«8.
1-71
8-87
3
a
lfar«».
18B1. 1880. 1880. 1891. 1800.
U80.
4-44
l-8«
U0L
1S90.01.
18(0. 1880.
LU>€rtvUmlUlnrall.ln
rain..
8-18
B-oe
B-8t
U
8
lu
6-88
7
6
B
"
8..1.
"
».'...
"
4....
"
"
8....
8
8-18
6
B-01
7-08
"
7....
B-B7 6-«8
«
4-8
a
MI89I!4'I>I.
Columbua.—
Ilslnrall,ln
Days rain..
Viciubitrg.—
Kalnrall.ln
Days
0-80
8-90
4
1
B
8-88
0-99
8-B4
8
1
«
8-79
IS
4-47
0-8B
4-Tl
4-66
rain..
RalnfalMo
Days rain..
8-34
11
8-18
S-81
11
RalafalUlD
1
7
8-18
4.17
«
1
4
B-00
IB
Days
0-U
4-48
res
4
7
11
4'3«
0-19
478
8
S
<
8-S9
1-48
4-81
B
B
10
rain.
8-89
9
7
4-66
14
4-28
4-89
10
0-44 10-81
18
6
10
7
9
4-88
8-19
4-08
»'T4
4-78
6-86
1010
H
8
8
9
9,,,,
IS
"
10....
2-56
" 11....
13.270
16,026
11,003
8.119
10,003
9,823
" 18...
8.
" 18....
12,198
16,624
0,393
9,063
ie,43S
9,506
9
6
10
6
4-08
4-80
11
8-0>
S
4
B-78 16-80
11
IB
B
5
ARK'NSAS.
LUUt Boek.Kalnfall.ln
Days rain..
Betena—
Balnfall.ln
Days rain..
Fort Sm( h—
Kalnfall.ln
Daya rain
8-48
IS
7-30
7-4B 10-18
11
18
8-66
10
8-97
8-38
18
16
3-W
B-79
18
617
8-80
10
r47
3-80
4-88
14
8-99
6-48
13
1-48
B-48
6
18
9-30
8-88
IS
10
8
0-78
6-87
1-98
7
18
8
l{alnfall,ln
4-18
1-17
8
8
Days rain..
Memphis.—
Days
IS
0-46
Ralnfall.ln
rain..
AsMiMod—
Rainrall.io
Days rain..
.A lift in—
Ralnfall.lD
Days
9
S
8-64
14
8-47
IS
8-38
11
4-07
8-lS
13
1-90
7-87
14
7-93
13
6-33
14
8-80
10
7-98 10-34
11
IS
10-39
7-81
3-40
" 81....
13
ID
8
9-10
8"71 11-43
9-86
14
298
8-43
16
S-88
11
7-89
8-B3
11
8-65
1-18
1-88
4
5
8-08
1-88
1-87
9
8-38
rss
IS
7
5
9
1
'
18
9
11
9
4-53
14
8
18
462 ri8
9
13
11
1-8* 10-31
6-96 10 98
10
12
B
18
8-86
9
5
TKXA8.
©oitJMfon.—
Kalnfall.ln
Ralnfall.ln
1-2:
0-39
7
4
Days rain..
Austin—
Ralnfall.ln
Days rain
6-58
14
4
;
9
1-98
8-94
10
6
8
1-92
4-96
402
7-81
10
18
18
6-76
14
6-88
16
5
10
11
B-68
2-44
8-02
0-SO
4-84
IS
10
14
3
4
8-08
10
11-11
4-39
0-86
4-SS
8-86
6-79
13
1B7 0-38
4
10
3
Days rain..
Palatine—
4-93
7
8-31
8-63
U
4-94
10
4-53
8-08
0-58
0-88
3
4
6
18
8
9
t Inappreciable.
East India Crop.—The following i3 from Messrs. Qaddum,
& Co.'s cotton report, dated Bombay, April 4
Bythell
"
"
"
"
"
1^87-88.
,104,086
" 30....
8.
6306
4,729
5,624
4,670
2,188
6,375
1,728
8
6,126
8,003
4,922
4,143
12,400
7,170
8
3,629
10,289
2,985
4,463
7,669
11,100
12,204
7,680
10,887
29....
6,516
3,997
6,165
11,706
4,296
8.
28....
4,271
4,452
6,806
6,018
8
18,344
16,908
9,413
6,506
11,057
8,386
87....
8.
6,264
8,732
7,229
8,
86....
86....
1888-87.
1888 89.
5,237,611
8,038
6,385
e,9Sl
6.107
10,295
B,
3,351
1,886
8.
8367
3366
9,138
8.
13,612
8,358
7,696
9,223
17,786
6,016
B.
4,0S9
2,319
1,875
2,004
3,023
8.
7,114
7,798
7,167
6,608
8,324
6,466
3,846
4,182
2,674
3,386
8.
4,926
8,467
1,861
7,740
3,988
8,262
4,732
4,188
6,102
6,222
8,361
6,569
4,998
3,686
7,488
3,699
6,073
6,978
2,944
I888-80.
,036,803 4,836,833
6,080
4,499
6,147
9,766
8.
1,176
4,404
B.
8.
B.
8.
10,694
7,469
3,518
8,064
8.209
5,681
1,066
2,432
3,361
2,200
2,727
2,835
7,611
8,883
4,513
6,042
8,729
a.
To. Ap.30 6.659,032 5,606,219 5,404,182 5,232,807 5,124,989 5,039,198
3,979
2,350
2,544
5,256
S.
Mayl....
9,279
Total. .'6,568,311 5,698,569 5,406,726 5,238,062 5,124,989 5,043,177
Percentage of total
93-44
97-46
93-49
96-32
96-99
port reo'pt* May 1
:
The weather in the Oomr!* districts continues most unseaionable for this
time of the year, clouds and threatening rain prevailing in almost every
district. Wliere slight rain has fallen, ihe conecquent dampness of the
atmosphere has temporarily suspended hanil-giuuing. Broach, Bhownugger and DlioUera districts are marketing their crop with great
rapidity, and the season promises to elose much sooner than is usual io
these districts.
The Following ark the Uross Receipts of Cotton at
New York, Boston, Philadelphia and Baltimore for the past
week, and since September
NIW TOBK.
from—
'<
18
8-10
17
8-41
11
8-78
6
rain..
8-16
1"T7
e....
1*....
" 16....
" 1«....
" 17....
" 18....
" 19....
" ao....
" 21....
" 82....
•' 28....
18
10
TBNNKS'B.
KathvOU.—
B.
6-07
18
«
4-81
CIarM<l.il<*—
8-99 11-96
1889-90.
9,719
18,807
l?,e73
18,192
B-88
«-9e
689
To.Mb.31 1,860,900
Apr, 1....
LOUIS'ANA
Days
.
THE OHROJNICLR
3, 1801.J
Ratn/aO.
.
1,
1890,
BOSTON.
Phii.adklph'a
TMs
S<nc<
TMs
8it>ee
TMs
WMk.
Sspt.l.
wesk.
S<pt.l.
vetlc.
K. Orleans.
2,273
6,369
3,983
Tezai
aaTannah
166,247
319,747
308,874
Since
BALTIMOBB.
TMs
Sspt.l. vssk.
Sin<!«
Stpt.l.
This statement shows that the receipts since Sept. 1 up to
now 869,742 bales more than they were to the earn*
day of the month in 1890 and 1,161,585 bales more than they
were to the same day of the month in 1889. We add to tbe
table the percentages of total port receipts which had boen
received to May 1 in each of the years named.
to-night are
SHiPPiNa News.
1,286
744
988
Tlrglnla...
Northn pts
Tenn., &o..
1,199
foreign....
This rear
Laat year..
.
Total balei.
1,213
863
8,363
94.864
47,693
New Tobk—To
9,992
103,288
15,041
124,978
48
168
7.187
122.484
4,107
Mogul,
37,461
306.515
101.681
2.896
10.079
4,813
48.834
239
3,127
1,029
131,233
74
48,803
143
30
16,822 1.2I4.«83 18,855
643,424 ~8,366
71,949 "7.966
230.578
12.733 I.213.374I
414,663
97,760
4,598
203.193
4.642
2.242
—
We
the month.
have consequently added to our other Btanding
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
for the years
1
,
1890,
and
Auranla, 888
..
.
4, 053.... Wisconsin,
1,263
To Hull, per steamer Hindoo, 2,992
To Havre, per steamer La Bourgogne, 50
8pree,50
To Bremen, per steamers Saale, 104
To Hamburg, per .steamer Taormina, 100
To Amstirdam. per steamer Zaandam. 100
Waesland, 433..
To Antwerp, pi r steamers Chicago, 500
To Naples, per steamer Alfsla, 250
To St. Pierre, W. I., per brig Glenorchy, 1
To Weymouth, N. 8 per schooner Salute Marie, I
HBW ORLEANS—To Liverpool, per steamers American. 2,709
:
8,707
14,796
movement
Liverpool, per steamers
Biela, 1,491. ...City of Chester, 1,851. ... C. lumbla. 508
... Gallia, 1,689... Garrlck, 3,401. ...Germanlo,2,083....
Comparative Port Receipts and Daily Chop Movement,
A comparison of the port movement by weeks is not accurate
as the weeks in different years do not end on the same day of
«ince Sept.
exports of cotton from the United
the Chronicle last Friday. With regard to New York we
include the manifests of all vessels cleared up to Thursday,
Mobile
norlda,....
So. Carol'a.
Ho.Carol'a.
—The
States the past week, as per latest mail retuma, have reached
93,001 bales. So far as the Southern ports are concerned, these
tre the same exports reported by telegraph and published in
named.
The monthly movements
in previous years,
—
....Co.sta Rioan, 5,100. ...Pascal, 3,0s7....8antanderlno,
7,400
Prince, 4,095
1890.
1889.
1888.
1887.
1886.
1885.
Bept'mb'r 732,236
561,710 332,017 654.776 359,203 385,642
October. 1,365,231 1,325,358 1,133,016 1,213,404 1,034,450 1,955,524
Horemb'r l,145,4ie 1,257,520 1,159,063 1,178,436 1,169,979 1,083,552
Deoemb'r 1,195,063 1,116,928 1,103,713 963,584 1,164,886 1,069,920
January
859,979 700,909 718,091 527,570 644,681 513,393
February
535,273 410,014 461,201 341,274 404,272 414,656
March. .. 427,702 213,697 330,510 225,042 258,332 283,645
April ....
293,132 110,053 166,571 128,721
89,186 202,866
Total
6,559,032 3,696,219 5,404,182 5,232,807 5,124,989 5,039,198
Pero'tageoftot.port
93-37
receipt* April 30.
96-32
96-94
93-10
97-41
This statement shows that up to April 30 the receipts
at the ports this year were 862,813 bales more than in 1889-90
and 1,154,850 bales more than at the same time in 1888-89.
By adiling to the totals to March 31 the daily receipts since
that time we shall be nble to reach an exact comparison of
the movement for the different years.
J
1
18,598
Highland
^I'TAX
4,loo
_
*'*81
Gottenliurg, per bark Unlone, P.. 1,529.......
ToBarcelona, per bark Maria. 1,3^0 .. per brl(t Angela, 510
Norfolk— To Liverpool, per steamers Asphodel, 2,e6l
1,628
1,860
_ ,.,
""52}
To Bremen, per steamer Federation. 4,100
To Hamburg, per steamers GalKla, 2,281
---•
Prince, 200
OOO
To Antwerp, per steamer Dupuv de Lome, 500
Charlkston—To
China, 4,900
:-.;-,";"„";
ooi
roo
Liverpool, ner steamers Kansas 2.993. ...Nor««2.998. ...Scythia, 1,.S95.... Venetian, 2,375
1.
933
260
To Havre, per steamers Dupuyde Lome, 7,381. .-.Highland
Asphodel, 561....
have been as follows: West point-To Liverpool, persteamer
Newport News—To Liverpool, per steamer Ganlenia, 85»
Year Beginning September
Monthly
50
154
100
100
,
Boston-To
Rteeipt*.
17,280
2,992
man,
To Hamburg, persteamer Stubbenhuk, 1,151.........
Baltimobe— To Liverpool, per steamer Rossmore. 4.162.......
To Bremen, jwr stoamers Gera. l,381....Munohen, 1,875...
To Rotterdam, persteamer Haudel, 1.125
To Antwerp, per steamer Laurcstlnn, 916.........
Philadelfuia— To Liverpool, per steamer BrlUsn Princess, aoo
.
9,761
i'JSi
4,10^
3.756
'iTfl
»l»
i»w>
93.001
Total.
fhe particulars of these shipments, arranged in our osnal
form, are as follows:
BarttAm'dam,
lona,
Bremen Rotterit Ootlen- Naplet,
dam
Ham<*
lAttrpool.
New
N. Orleans. 18,596
Charleston.
Norfolk ...
West Point
N'p't
Hull. Havre, burg. Antte'p. burg.
254 1,033
50
500 ......
11,478 6.581
York. 17,230 2,992
News
Boston
Baltimore
Phlladelp'a
W89
7,561
661
865
9,761
4,162
Total
253 31,811
..--»
1.860
..-.•
......
661
866
.
1,151
3,756
2,041
3,992 11,536 11,742
3,574
10.913
9,059
800
800
rotia.... 69,636
37.153
3,389
7,681
1.629
3,118
93,001
:
.
THB CHRONICLR
690
Below we add the olearaaces this week o( veasels carrying
data down to
otton from United States ports, bringing our
the latest dates:
•-.
QALVEBTON-To LiTerpool- April 29- Steamer Teutonla,
April 24-8teaiuer8 Pedro, 3,925, noKBW ORLEAN8-TO Liverpoolfeasor, 5.914... April 29- Steamer City of Lincoln, 6,5/0.
To Havre- AprU 27-8teamer Parle, 7,ld5.
Bavannah— To Bremen— AprU 24-8teamtr Driffield, 5,011.
To Oporto-ApiU28-Bark Julius, 300.
. ,j « »<.,
—
5,642.
0HAKLE8TON—To Liverpool, April 29-8teamerGlenfleld,4,577....
April
To Bremen— April 27-Steamer Tliomas TurnbuU,
2S-8teamer fpsden, 4,425.
To St. Petersburg-April 24-Bark Dcslderia, 2,231.
To Barcelona- Apill 25- Bark Coneepcion. 1,6.50.
BOSTON— To Liverpool -April 24- Steamer Bo8teuian,3,C14.... April
24- Steamer Catalonia. 999. ...April27-8teamerOltoman,
Baltimore— To Havre-April 28-Steamer Garlands, 1.072.
Philadelphia— To Liverpool— AprU 28-Steamer Lord Gougli,
.
Below we give all news received to date of disasters to
easels carrying cotton from United States ports, &c.
BoBiNQCEH. steamer (Span.), recently stranded at Ooraooke, was floated
April 22, but owing to the wind and sea tlie wreckers towed tne
ship Into Ocracoke Inlet.
Ootton freights the past week have been as follows:
Sq.
'.
Bremen, steam., e.
Do
Indlreot.e.
Hambarg,steam
d.
Do via Indirect d.
^16 ^''82
d,
27V
27V
27V
Amaf d'm, steam. e. 27V
Do Indirect.. d.
Beval, steam
27V
27V
'la^'sa 'lb®''33
*18®''S2
Do
d.
saU
Baraelona,steam d.
Genoa, steam., .d.
Trieste, steam . d. 15«4«'4 ''32®'^C4,''S2*"
Antwerp, steam d.
^32
^a2
"32
. .
I
•
Per 100
I
4 ''32'«'°84.''31.®"6* ''si.'31'hi
^38
^32
^82
I
>
I
lbs.
—
LiVEKPOOL, By cable from Liverpool we have the following
statement of the week's sales, stocks, &c., at that port.
April 10 At>ril 17. April 24.
bales
Bales of the week...
Of wbloh exporters took
Of which specnlators took.
Bales American
.
Aotaal export
41,000
2,000
2,C00
32,000
4,000
69,000
Forwarded
1,200,000
Total Btook— Estimated
Of which American- Estim'd 950,000
week
Of which American
Amonnt afloat
Of which Amerloan
Total Import of the
94,000
86,000
157,000
115,000
Ifaj/l.
41,000
42,000
54,000
1,700
2,700
1,200
5,600
1,100
4,600
34,000
33,000
45,000
6,000
3,000
5,000
65,000
59,000
65,000
1,194,000 1,180,000 1,211,000
943,000 931,000 060,000
65,000
48,000 101,000
51,000
37,000
86,000
160,0t0 180,000 132,000
120,0C0 150.000 107,000
The tone of the Liverpool market for spots and futures each
day of the week ending May 1, and the daily closing price<'
of spot cotton, have been as follows:
Saturday Monday. Tueiday.
Bpot.
Market,
1:45
P.
M.
Barely
Bupported
Bales
Bpec. Aexp.
4%
10,000
1,500
6,000
500
Wednet. l%Mr*d'y.
More
Steady.
4%
IIld.Upl'ds.
dolnsr.
4%
7,000
500
Steady.
fWday.
Quieter.
4%
4%
4%
Weak
Market,
4
p. H.
at
8.84 de-
10,000
1,000
12,000
1,000
10,000
1,000
Plrm at
Sasy at
1-84^2.04 2-64® 3.64 1-64® 2.04
decline.
oline.
Barely
Quiet.
steady.
Steady.
Firm at
1-64 ad-
Sasy at
1-84 de-
vance.
cline.
Steady.
Easy.
The opening, highest, lowest and closing prices o( futures at
Ldverpool for each day are given below. Prices are on the
basisof Uplands, Low Middling clause, unless otherwise stated
BP* TKe pricet are given in pence
4 63-64d.,and 5 01 means 5 l-64d.
Bat.,
Apr,
fli«/l
Low.
Clo».
d.
d.
d.
d.
4 41 4 42 4
April
April-May.. 4 41 4 42 4
May-June... 442 4 43 4
June-July... 4 47 4 47 4
July-Aug... 4 61 4 52 4
August.
...
8ept.-Oct...
0Ct.-N0T....
NoT.-Dec...
Dec^an....
Jan.-Feb....
!{3.
open
454 4 65
454
464 464
464 4 64
464 464
466 4 66
458 458
Aug.-Sept.. 454
April
April-May.
Clo>.
d.
d.
li.
May -June...
June-July... 4 48
July-Aug... 4 62
August
4 56
Aug.-Sept.. 4 5S
Sept.-Oct... 4 55
Oct.-NOT.... 4 56
Nov.-Dec... 4 66
Dec-Jan.... 4 67
Jan.-Feb.... 4 69
01<w.
Open
Higfl
Low.
lU
d.
d.
d.
i.
4 46
4 46
4 47
4 47
4 61
4 47
4 47
4 61
4 55
4 68
a,.
4 49
4 52 453
157 4 66 4 57
4 67 455 4 57
4 55
4 69
4 68
456
4 69
4 59
4 59
460
4 60
4 61
4 62
463
4 66
466
4 67
4 58
4 60
4 55
4 66
4 56
4 66
4 67
4 56
4 67
4
468
59 460
4 47
4 47
4 51
4 46
4 46
466
4 69
55
58
67
4
4
4
4
468 4 58 458
458 4 68 458 4 58
458 4 59 4 5^ 4 59
4 59
4 60
4 62
4 60
4 61
4 63
BREADSTUFF
The markets
for flour
1,
Clo».
d.
446 4 46
4 47
4 47
4 61
4 55
4 48
May
(J.
4 47
4 47
4 61
4 49
4 63
FH.,
1
Open Bilh Low.
d.
444 445 444 4 45
444 4 45 444 4 45
4 44 4 45 444 4 45
51
4 67
4 58
4 69
4 60
4 62
4 45
4 45
4 49
4 53
4 56
4 66
4 66
4 67
4 45
4 46
4 40
4 53
4 66
458 4 55
466 4 56
4 68 4 56
4 69 4 57
4 57
4 68
4 61
480 468
4 63
4 60
S.
FETDAT, May 1, 1891.
meal relapsed into dulaess when
and
High grades
were in more liberal supply and could be bought at a material
decline. There was a steadier feeling yesterday. To-day the
market was firm, with rather more doing.
There was a sharp decline in wheat early in the week.
There was almost a panic. Crop accounts from all parts of
the United States were quite favorable. Foreign accounts
were easier, and a leading "bull" operator in Chicago became
seriously involved. The decline was arrested on Thursday
morning, when prices were 8@ lie. per bushel below the highThe spot market was dull at
est figures of the previous week.
drooping prices for shipment. May to October continued brisk,
and the dealings of this sort for the week are estimated at 550,000 bushels, including No. 2 red winter at $1 llOfl \\\,t. o. b.
for October, |1 3i J^.for'the same grade special May deliveries,
41
41
42
47
61
4 42
4 42
4 43
4 47
4 62
454 466
454 464
4 54 464
464 4 54
454 464
455 4 66
468 458
and
3Ion.,
ail^.
Apr. 27.
Open Higk Low.
d.
d.
d.
446 4 46 4 44
4 45 4 45 444
4 45 446 4 46
4 50 460 4 49
454 465 4 53
4 67 458 4 67
4 57 4 57 456
4 57 4 57 456
4 67 4 57 456
4 67 4 57 436
458 4 58 4 57
|4«0 4 61 4 60
Thai; 4 63 meaiis
Tnes., Apr.
No. 3 red Toledo for May 15th at $1 18, No. 1 northern at
$1 17 for early in June, No. 3 red winter atfl 09?^, f. o. b.,
in September. These transactions were mostly made early in
the week. To-day there was a further recovery with a quiet
speculation, but the export business embraced 48,000 bushels
afloat.
No. 2 red winter for export at $1 18@fl
DAILT 0LO8IHO PRI0B8 Of MO. 2 BBD WIKTBB WHBAT.
Thur$. FM.
Mon, l^e*. Wed.
Bat.
U^
May
delivery
June delivery...
o.
0.
July delivery
0.
August delivery
September delivery
October deli very
c.
0.
o.
December delivery
0.
0.
May
'9?, delivery
d.
444
444
4 45
4 49
454
4 67
4 68
456
456
456
468
460
Open Hla* Low.
d.
d.
4 42
4 43
4 43
4 42
4 43
d.
4 42
4 42
Clot.
d
4 43
4 43
448
4 48
4 48
4 52
4 65
463
466
4 54
4 65
4 55
4.->4
455 455
465 465 4 55
4 55 4 56 466
466 4 57 4.16
4 58
4 59
4 58
1161a
116%
lie's
114
11458
X15\
113
1111*
llV!i9
]13«9
108%
107%
108%
llOifl
no's
IOSI4
10713
106 14
10714
108°g
109<>8
107 '8
llO^s
10858
Ill's
107
108
....
107 19
IIII4
IIOI3
108 %
109i«
113>«
US'*
....
iim
Thu- $. Fri.
Wed.
Tuet.
Xon.
Sat.
76I4
757.^13
74\
79
74?i
71ia
73
70%
72
0.
75
71%
June delivery
70i«
69ia
70%
6914
70
73
c.
Julydelivery
6s%
6914
7014
6914
68'8
c.
72
August delivery
Oats sharply declined, and quickly rallied, in sympathy
with wheat and corn. Choice grades of white oats were th«
best sustained. To-day there was a smart advance it was
almost wholly speculative, but spots were more active.
DAXLT OLOSraO PKIOBI OF HO. 3 MIXBD OA1 8.
m.
Wed. Thws.
TueM.
Hon.
Sat.
..c.
;
MaydeUvery
o.
56i«
59ia
oO^
5714
59%
58%
56I4
5314
5514
SS-a
57
0. 59
June deUvery
57%
SeH
5S>4
5514
55%
JulydeUvery
o. 58%
44
4014
40
42
c
August delivery
Rye and barley have remained almost entirely nominal.
The following are closing quotations for wheat flour in
barrels. (Corresponding grades in sacks sell slightly below
—
these figures):
4 44
l,'i6
117?i
11539
114
109 \
116=8
'^8.
444 4 43
4 48
4 62
118!(j
;
Fine
Clot.
12114
llt^s
llS'g
Ill's
Indian corn declined sharply, partly from sympathy with
wheat, which quite broke down, and partly from an increase
in the visible supply. The spot market, owing to its prices
being much above early arrivals, came almost to a stand but
on Wednesday there was moderate export buying of No, 2
mixed at 723^3 72Jic. for the last ten days of June, and 69^c.
for the last 10 days of July. To-day futures were buoyant
and more active. There was renewed buoyancy in futures,
but a dull St ot market, including No. 2 mixed and prime
yellow at 83c, afloat.
DAILT OLOSniO PBIOBS OF HO. 2 MIXBD OORIC.
MaydeUvery
luturet.
Market,
1:45 p. M.
Open Hiih Low.
Thurs., Apr. 30.
1
depression of tone and a very unsettled market.
Havre, steam. ...e.
sail
Wed., Apr. 29.
There was no general reduction of
quotations, but this was due largely to the fact that businesj
was not sufficient to establish values; but there was much
JM.
late dellv'y.d.
Do
rvoL. Lii.
prices of grain declined.
Wtdnu. Ihun.
Tut$.
3fon.
Batur.
Uvsrpool, steam d
Do
.
V
bbl.
Superfine
Extra, No. 2
Extra, No. 1
Clears
Stralghta
Patent, spring
$3 309^4
3 90® 4
4 15« 4
4 70»5
5 009 5
5
5
85
00
25
209 5 40
509 6 25
Rye
Hour, superflne..
4
759
5 15
Fine
3 859 4 15
Western, Ao
3
Com meal-
309
3 60
4 00
Brandywlne ........
ORAIH.
c.
4M Wheat—
Spring, per bush...! 05 «!
4 66
4 55
4 65
4 56
4 66
4 67
4 59
FLOUH.
$5 30»$5 75
00 Patent, winter
50 City shipping, extras. 5 309 5 60
c.
25
Red wlnter.No. 2 ..1 17 «1 18
Red winter
,105 «1 22
White
110 in 20
Bye—
western, per bosh..
State and Jersey ..
Barley, Western
Canadian
State
93 •
95 c 1
80 •
84 -a
80 •»
98
00
86
93
86
Com, per bush.—
West'n mixed
W'nmlx. N0.2
West'n yellow
Westemwhlte
Oats -Mixed.. 9 ba.
White
No. 2 mixed
No. 2 white
80
82
80
79
60
61
61
62
• 83
» 83
• 83
• 82
• 63
• 70
• 62
• 6»
O
.
Mat
a,
M
THE CHRONICIJI
1«»1,J
The visible supply ot grain, ootnprisinK tho stocks in granar
at the principal p >inta of aooumulation at lake and seaboard
pirts, April 35. 18:»1:
—
Km,
OaU,
BarUy,
Oom,
WhieU,
but\,
»tM*.
InuK.
In $ton at—
569.321
186,221
10,16 ^
399,135
Sew York
'I'tiobo
11,81)0
10,0
Albany
5 1. .199
24,025
'87",6V6
21. 67-1
8 tO.327
BaflUo
7 '8,937 174.9J9 202,222
61,876
6,928,333
ObtoaKO
83,395 126,1S5
215,922
Do afloat.
978
48,698 123,137
933
21H,459
Htlwankiw. ...
33,424
1.000
70,986
Do afloat
2,715
171
8,573
5,376,734
Dulath
73.319
13,325
8,193
501,315
Toledo
31,119
5,702
87,203
48,427
164.501
Detroit
125,00<i
30,000
65,000
Oswego
152',643
15H
173,
14,237
681,991
Lonl*
Bt.
73,000
Do afli>at
4,000
12,006
31,000
5,000
ClnolnnaU
1,800
10,.S01
44,614 104,556
8,606
Boston
51,467
74,337
115,836
Toronto
259,591
67,483
675,229
Montreal
40.462
79,785
28,«91
PhUadelphla
71.205
3,797
69,813
19,457
13,476
Peoria
2,2011
6,089
69,860
IncUanapoUa
34,781
"i'tos
29,744
170,444
Kansas tity
101,128
15,438
67,428
156,503
Baltimore
—
,
677
Minneapolis
6,6:f3.244
On Mississippi...
On Lakes
On canal i river.
l,905,04.i
221,542
2.503
43,935
390,677
30,200
6,782
61,470
689,158
24.900
H91
Instances so narrow that, short of actually incurring Iom, it
does not appear possible for agents to give way to any extent
Wide sheetings, flat-fold cambrioa, stieslaa, fanor ooMoa
linings, satteens, cotton flannels, shirting domets ana napped
fabrics generally, were all moving steadily, but in moderatesiz^d parcels, and without changes in prices. Colored cottons
were more active in movement than demand. Prints at Brst
hands were quiet, but considerable sales were effected bf
jobbers at low prices, certain standard 66x00 print* being
marked down to 8Wc. per yard. Anoth>ir feature of the
jobbing trade was a drive in fine dress ginghams in a leading
mark at ^^o. per yard. Agents, however, reported stead/
orders, individually light, for ginghams and other wash
fabrics, at current quotations.
Print cloths rrmain quoted
at 2 15-16c. for 64z64h, but sales are said to have been made
at iKc, per yard, a price never previously recorded for this
standard. For 66x6Us 3 9-16j. is offered.
1890.
April 2».
1891.
April 26.
gtoek of Prin I Ototkt—
H >ld by Providence manufacturers. 410,000
Pall Klver manufacturers
...230,000
Providence speculntora
Hone.
Oatalde speculators (est)..........
3,000
Total stock (pieces)
'441341
643,000
1889.
AprU21.
875,000
43,000
None.
12,000
4A.000
10.000
None.
8,000
430,««OO
59,000
'85',206
Domestic Woolkn Goods,— The demand on the spot for
Tot Apr. 25. '91. 22.343,582 2,464,4-2 2.622.358 428,778 767,114 men's- wear woolens was very light all week, but duplicate
417,858 911,175 orders eame forward with a li tie more freedom. Beyond
Tot. Apr. 18, '91. 22.136,106 2,238,837 2,508,477
Tot.Apr 26. '90. 23,982,168 14,320,030 3,6;2,65-2 l,027,3-f3 9^6,178 this the features of the woolen department show no change.
854,'t6S
Tot. Apr. 27. "89 26,042,209 12.52'>,15)0 6,700.499 1,462.226
Agents were making steady deliveries of heavy piece-dyed
Tot.Apr. 28, '88. 32,473,243 8,530,3113,738,894 305,856 926,805
woolen and worsted suitings and trouserings, an kersey,
brown and black melton and beaver overcoatings*. The demand for all-wool and worsted dress goods was moderate for
current needs, but fair orders were placed for fall delivery in
Nbw Yosk, Friday F. H., May 1, 1891.
such styles as were shown by agents. The tone of the departThe main features of the market have undergone little ment is steady throughout, and although cancellations stiU
change during the past week bo far as business at first hands come to hand with annoying frequency, it is hoped that the
gradual working off of spring and summer styles by the
was concerned. The attendance of buyers was limited clothing trade and large retailers will result in a considerable
throughout, and spot operations were marked by extreme diminution of these.
FORKIQN Dmy Goods.—The demand for imported fabrics
caution. Towards the close ot the week orders from salesmen on the road and others, coming forward by mail and wire, and novelties was fairly good during the week, and this
branch of the dry goods trade appears to have felt the good
were of a more encouraging character, but all told results were effects of the prolonged fine weather sooner than the domesdisappointing. Better things are looked for during the month tic market. Dress goods, in seasonable makes and stylee,
just opened. R -ports from the Westand Northwest tell of an have been prominently in request all week, silk and fine
being particularly favored.
active distribution of spring and summer fabrics by Western woolen and worsted varieties
The tone of the market is generally steady, but some
jobbers and large retailers, and the diversified character of
of the business done has undoubtedly been encouraged
7,800
1
THE DRY GOODS TRADE.
the re-assortment demand now being preferred is a clear
indication that their stocks are being rapidly broken up.
The t >ne of the market is somewhat sustained by this prospect,
but there
is
considerable irregularity
still
noticeable outside of
by concessions to^buyers either in price or discount terms.
B^
We are asked to cnl) attention to the tact that there Is a good
buaineBa opening for a second wholesale dry goods house at SToox
City, Iowa, to the eatablLshing ot which local capital will )oln. Bee
advertisement in usual columus.
most desirable styles of fabrics. Agents, with one exception
noted below, have made no further reductions in prices, but
Importations of JDrr Ooo4U.
The importations of dry goods at this port for the week
to the ending April 30, 1891, and since Jan. 1, and the same facts
week there is some uncertainty as
course likely to be pursued by the manufacturers of certain for the corresponding periods of last year are as follows:
standard makes of bleached goods. The jobbing trade was
B
fairly active during the week, but the incentive to buyers
was in a great measure furnished by " drives" at low prices
in bleached goods, prints and wash fabrics, and by pretty
- Si
general price concessions in department goods. Collections
I
B
6:
i
were reported fairly regular from the West, but still indif.
7*
ferent from the South.
at the close of the
,
bsiil
:
DoMKSTio Cotton Goods.—The exports of cotton goods
(rom this port for the week ending April 38 were 11,003
MHMCO
Ota
iF>-MKtOQO
too*
packages, valued at |548,893, their destination being to the
points specified in the table below:
1891.
Week. Since Jan.
India
AnbDift. ...........
AMca
...
West Indies
Kexloo
Central America. ...
ttonth
America
Otber countries
Total
* China, via
221
23
8,397
65
""3
1,773
598
52,555
1,366
4,317
3,257
1,636
4.688
1,167
2,737
10,746
84
696
273
240
331
11,003
Vancouver.
84,170
1.
93
38
100
631
121
1,217
12,1*55
M«0
CD^O<]0>
Kll-'
15
00
1
J
1,663
9,0?6
1,276
2,733
3,659
6,631
^Ip.-
1 1,003
97,025
1,2 J 7
ODOSWOSM
1^ <»
o©
ODte
W — OlfcOD
WO)
812
1,853
11,362
1,160
M
OD
QOC»
COCO
H<Uiaci-*QD
a*'
»(»
—
wo M^WW
O
')•
CO
1:
to
to
oocauuu
5 3,
^
§
a «4 — tc<B»
o oiMODsa
^
MMtOM#fc
§©ioos<i
lUoootaiOt
WQOjOO);^
QDtOC;itO^
eaoD
uVl'o'tCM
09 ;3
MMOMM
ec.xe»9>
OOM
40,811
11,058
Mi^kOtoio
»>OMaocff
Total
*4Wtooa
WM
K>M
M
(XtO
376
186
43
Ot^JIO -10
OiiU
Week. Binee Jan.
d
K>««»X «
osaoki- ^
b
V MMOOOlO
^i
•i
M9<O^l0
to
oto
1890.
ITBW YOBK TO APBn. 28.
Great Britain
Other European
China
CO
»5CCQ0<^O
•«
a MtOMM
-i
oowiowe 8 »^
w OD*.«i(k©
WtS-JSiO>
<l
.M
M*
a
MWWCOIO
•f
00
r
COUMMIO
X0>X3'>
0<t9*.090
M :3
H-,^atox
OD
51,869
From Mew England mill points direct.
The value of the Ne^v York exports since January
M03
*
» ^M
1
have
b»
OD
been $4,430,381
in 1891. against fa,3S6.O90 in 1890.
Staple cotton goods have ruled quiet all week. The export
demand for brown sheetings and drills was barely up to late
experience, but jobbers and converters operated a little more
freely. Standard and 8-yard sheetinga were steady and fineyam graden firm, with an improving tendency, being light in
stock.
Bleached shirtings were irregular and inclined to
weakness. Capital 4-4 bleached were reduced to 6)^c. per
yard, and buyers in other directions were being treated with
much consideration. Yet the margin between the cost of
production and the selling price of staple cottons is in most
OI-'
woe rf^ too*
o
tOM
M^
oca
ocVs
If
01
woe
MM
CO
2g
.tf
SM^tOM
9 O » M_J •
j"->«taM
?aea«
s
MtO^ —
1- J<
C
-J"
BoSao
=5
03
MM
t^
MWMJO
C^
MO COCO
o m3
» o»M 09^^J^0)M
OD mVoO
w ^© V
(^(CtOUM
I
;
I
u.
,1
MMtSOl
<1JS
mu»»m
VM OD — 0>^l.-J
MOiMao':*
VV
M vlM»-J
0)31
*-©"»^M
:"~ia
aw
a--»»to
>-5
.
.
I
V-,-,
51 ^OMOtO
mxmo;>
•
il
THE
^mst mwLV^viUs,
Union Trust Company
[Vol.
IAU
^Tttst ®0mvattijeB.
^vnst ®0mpatiijes.
United States Trust Co.
The Northern Trust Co.,
OF NEW YORK,
NEW YORK-
OF
CHTIONICLE.
8. E. Cor. Lia Salle
and Washington
Sts.,
45 and 47 Wall Street.
CHICAGO, ILLINOIS.
80 Bioadway, New |o«;„,ooo
CAPITAl. AND SURPLUS, • 89.000,000
- _
CAPITA^,
. '^3|750,000
.
DNDBH STATK JUKISDICTION and StTPEBVISIOU
Is a legal depository for moneys
company
Thin
Admiulstrator,
8IJBP*'*"''
Acuas
•
to
AuthorUed
"f
«. -iTTorntor
"T,?"tle and
paid into court, and
or trustee.
Is
Tnisiee oJ "°!^„7^5'd?e«l,try of stock.
^.r^tSfSAS'^Xu^e
t.ey remain with
oompany.
rtenoiltors this company
of, aepositora
,o<.ordauce
the oonTenlence
Foropens.corrent_accouBt8_^8uDject,^j^^^
accouBts suDjecv,^^ -~5-^j^^g,^
interest
•lae oiens corrent
•l.e
lie
is
aulhoriied to act as guardian
INTEREST ALLOWED ON DEPOSITS,
which may be made at any time and withdrawn
after five days' notice, and will be entitled to interest for the whole time they may remain with the
"Secutors, administrators, or trustees of estates,
of
ind WOMEN unaccustomed to the transaction
lusiness, as well as religious and benevolent instlutlons, will find this
company a convenient depos-
orylormone^j^^
tfiroturh
the Clear ng douse.
BiiW8TjK-«d'S.Sl
STEWART, President.
GEORGE BLISS, Vice-President.
JAMBS 8. CLARK, Second Vice-Pres't,
jj^naGEMBNT OF
^llectlon and rem.t-
'^t'^Si« "mple P'r«"rlTlRB"pROOF VAULTS
iSSjrSn'^SWo-g^fen.ltslnoome.
TRUSTEES:
Jno.U. Rhoades.iWm.Rocliefeller,
Anson P.Stokes,! Alex. E. Orr,
H. Warren, Wm. H. Macy.Jr.,
Geo.
y
Wm. D. Sloane.
Bliss,
George
Wilson G. Hunt,
Clinton Gilbert,
Daniel D. Lord,
Samuel Sloan,
Q.U.Schwab,
Wm. Llbbey,
Phelps, John C. Brown, Frank Lyman,
D. Willis James,! Edward Cooper, Geo. F. Vletor,
John A. Stewart, W.B'y'dCutting, Wm. W. Astor.
BrastusCorning, Chas. S. Smith.
L. THOKNBLL, Secretary.
Assistant Secretary.
LOUIS G.
James Low,
HenryA. Kent.
James
C. Van^O^e^bllt,
3f S: Wo^od'""Piatt,
B.6.Bemsen,
Saward 8ohel\,
Ki,^c*""
•
8amnel
MCA
F.
q Macoun,
^*°Kmlen Roosivelt.
,,
pin,
^*'o|,
jimesT. woodward.
S^-H^f""'
"• ^President.
^'KiWARD KING WOOD,
viee-Presldents.
CORNELIUS D.
)
i^^fTl™8°W.VKLLKYl secretary.
As sistant Secretary.
J, v:b:tHA7EK,
Knickerbocker Trust
Company,
FIFTH
Branch
AVE,,
ofBce, 18
COR 2TTH 8TRKET.
Wall
St.
and
8
Nassau
Will take entire charge of securities during absence or otherwise of owner.
Checks on this Company are payable through the
New York Clearing House.
A. D. WHBBLOCK, President.
WILLIAM DICK,
) vicB.Preat's
Vlce-Prest s.
JOHN TRUSLO\V,
O. F.
RICHARDSON,
t
Secretary.
DIRECTOKSt
S.
AOTBBAOH,
JTcOB I^YS.
C»AlS.M T. BAKNKT,
ATioSTIK HIOOINS,
ROBERT G. KEM8EN,
Henry W. T. MALI.
Hon. iRA DAVBNPOBT,
JOHN S. TILNET,
Hon. EDWARD V. LO«Tf
HENRY »\ DIMOCK,
JOHN P. To\VNSKND^
CHARLES * WAT8CMJ,
,
.
David U. Kino, JR.,
FREDERICK G.(BOURN«A
SANDS,
ROBERT MACLAY,
JAMES H. BRE8LIN,
STANTON,
CHARLES H. WELLING, WALTER
oSHrGBOIlQE J. MAOEE, C. LAWBEKCB PBRKINB,
I. TOWNSEND BURDEN,
Ary.
FBED'K. L. BLDBIDGE, Secretw-y
ANdSewU.
J.
Assist.
HKMBT TGWHSKND Am
Saeretarr
Holland Trust Company.
KO. 33
NASSAU STREET, NEW YORK.
81,000,000
Capital and SurpluB
ALLOWS INTEREST ON DEPOSITS.
Accepts and executes any legal trusts from perons or corporations, on as favorable terms as other
similar companies.
AoU as Executor, trustee and Gnardlan, under
wills for the fixed statutory charges also as Registrar. Trustee, Transfer and Financial Agent for
Estates, Cities, Railroads, Towns, and other corpolatloDs, and for Real Estate Mortgages with
Coupon Bonds In New York, Brooklyn and elsewhere. Collects Rents. Coupons and Dividends.
;
TRUSTEES.
Van Allen,
Warner Van Norden,
James B. Van Woert.
G. Van Nostranl.
Garret A.
John R. Flanten.
BenJ. K. Vosburgh,
oseph 8. Stout,
Geo. M. Van Hoesen.
William Remsen,
obn D. Vermeule.
John Van Voorhls,
W. W. Van Voorhls.
Geo. W. Van Sicten.
C. W. Hutchinson.
Tunis O. Bergen,
Robert B. Roosevelt,
Chas. P. Daly,
Jotham Goodnow.
Augustus Van Wyck.
Daniel A. Heald,
W. J. Arkell
ROBERT B. ROOSEVELT, President.
JOHN D. VBRMEL'LK, i V,..
p„,.fl.„,,
JOHN R. PLANTKN, f Vice-Presidents.
GEO. W. VAN SICLBN. Secretary.
Metropolitan Trust Co.
87 and 39 Wall Street,
Pald-Up Capital
gnrplus
New
check or returnable at a fixed date.
Acts as Executor and Trustee under
ministrator, Guardian, Trustee, etc.
as
will,
Ad-
business usually done by Trast
Does
Companies of good standing.
Acts as Registrar or Transfer agent ot
Stacks and Bonds, and as Trustee for RalU
road and other Corporation mortgages.
Investments of Trust Funds and Title thereto
are kept separate and apart from the Assets of the
Company.
all
DIRECTORS:
C. Bartlett, of Hlbbard, Spencer, Bartlett ACO
Harley Bradley, ot David Bradley Mfg. Co.
H. N. Higlnbotham, of Marshall Field 4 Co.
Marvin Hughitt, Pres. Chic. A Northwestern RR.
Chas. L. Hutchinson, Pres. Com Exchange Bank,
A. O. Slaughter.
^ „
Martin A. Ryerson, of Martin Ryerson 4. Co.
Albert A. Sprague, of Sprague, Warner A Co.
A
J.
Byron L. Smith.
»„.,..
^ •,«.
Byron L. Smith, Pres. Chas. L. Hutohlnsoti. V.-P*
Joseph T. Bowen, Cashier.
York,
»l,000.00(l
»00,000
Joseph F.Knapp.Jno.McLoughlln,
Jno. T. Wlllettt, A. M. Muydam,
H. H. Rogers,
B. B.Tuttle,
John Truslow, John I^ougbran, Wm.E.WheeIock,
Thos.F.Rowland.Wm. F.Garrison, O. F.Richardson.
Ditmas Jewell. A. D. Wheelook.
The Brooklyn Trust Co.,
1T7 and ITB Montagne
CAPITAI,
I
St.,
Brooklyn, N. Y.
"jrce^nult'^plr.'
»1.000,000
I
Capital and Surplus exceeding 8 /,'.J30,000
This Company allows Interest on Deposits, which
may be made subject to check at sight or returnable
fttf
flx^d d&l68
It is authorized by special charter to act as Brec .tor. Trustee, - dmlnlatrator, Guardian, Receiver
or In any other positiin of trust.
As executor of estates it secures a safe, prompt
and advantaffeous distribution of the sa «e.
It Is a designated depository for Court monies
and acts as KeKiatrar or Transfer Agent of stock
and bonds, and as trustee for railroad or other corporation mortga(;es.
Executes orders in all classes of investment secunttes. Guarantees Lettere of Credit issued to
travelers
C. T. Cbri'stensen, Pres.
Jas Ross Curran, Sec.
Abram B. Baylls, V.-Pres. Fred'kC.Coltoa,AsB'tSec.
CHICAOO,
ILX..
CAPITAL AND SURPLUS, - «2,100.oa»
INTEREST ALLOWED ON DEPOSITS.
This Bank Is directly under the Jurisdiction and
supervision of the State of Illinois, Is a LEGAL
DEPOSITORY for Court Moneys, and is authorlxeo
to act as TRUSTEE, EXECUTOR, KECEl VBU and
ASSIGNEE for ESTATES, INDIVIDUALS and
CORPORATIONS,
John
J. Mitchell, President.
J.J. PierreDont,
B. P. Knowlton,
John T. Martin,
0.
Abram B. Baylls,
C.
M.
Pratt.
Oeo.G.Heynoids,
3. W. Boocock,
John Qibb,
W. Chaunoey,
W. Maxwell, CT.ChristenseD,
THE
WASHINGTON
TRUST COMPANY
B. Drake, Vice-President,
U. Mitchell, Second Vice-President.
Wm. U. Reid, Third Vice-President.
8. Glbb8,Cashler, B.M.Chatteil.Asa'tCaah'r.
John
James
Wm.
DIRECTORS
John B. Drake.
Wm. H. Reld,
:
John McCaffery,
L. Z. Lelter,
Wm. H. Mitchell,
Wm. G. Hlbbard.
John J. MitcheU.
J. C McMulUn,
D. B. Shipman.
OLD COLONY
TRUST COMPANY.
BOSTON, MASS.
.
$1,000,000 00
Capital
600,000 00
Surplus, Transacts a General Banking Business.
Allows interest on dally balances subject to
check.
Agent In Financial TranBactlono.
Trustee under mortgages. Transfer Agent, Reg-
""
TRUSTEES.
Joslah O. Low,
Fred. Cromwell,
Alex. M. White, John P. Bolfe,
A. A. Low,
H'v K. Bheidon.
Mich'lChsuncey, C. D. Wood.
Wm.B.Eendail. Wm. H. Male,
H.
Trust & Savings
Bank,
Illinois
OFFICERS:
TRUSTEES
St.
Acts as Executor or Administrator
and
andasBuardlan, Kecelver, Registrar, Transfer
nnaucfaTIgent f or States, Cities, Towns, Railroads
corporations.
other
and
.^
^
President.
JOHN P. TOWNSEND,
CHARLES T. BARNEY, Vice-President
JOSEPH T. BROWN. 2d Vice-President
HARBT B. HOLLXNS,
Legal Depository for Court Moneys, Trust Funds
and other Deposits, which may be made subject to-
$600,000
Deposits received subject to check at sight, and
Interest allowed on the resulting dally balances.
Certificates of deposits issued for time deposits,
on which apecini rales will be allowed.
Intercut commences from dale of deposit.
Authorized by law to act as Executor, Administrator, Committee, Guirdian, 'I'rustee, Receiver,
Fiscal and Transfer Agent and as Registrar of
Stocks and Bond*; in a. legal depository for
Trust Funds and for moneys paid Into court.
Loans made on approved collaterals.
Joel F. Freeman,
F. W. Wurstor,
Dick,
CAPITAI- AND SUBP1.08, - «1,000,000 Wm.
Bernard Peters, Chas. H. Russell,
A. D. Baird.
DESIGNATED LEGAL DBPOSITORY.
Darwin R.JameB, Wm. B. Horwill, Edward T.Uulst,
ol Estates,
JOBIPH
$1,000,000
-
Pays interest on Deposits.
101 Broadway, Brooklyn, N. Y.
CAPIXAI*
Wm.WhJ#r?gS£"''" i-g-^l'^ltr
«• gKdward Schell,
1*34
HAMPTON
The Nassau Trust Co.
AmMa j! Parker,
Barger,
•
l*S*w«?ieT
B. B. Wesley,
D. H.
HENRY
G.'G.'wilUams,
D. C.Hays,
Wm. Alex. Dner,
^"^^%
Woodward,
GlOT/eA.JarTls,
%J-FRn.«a
James N.
T.
Wm. W.
Capital Fnllr Paid In
BOARD OF DIRECTORS.
T. Jefferson Coolidge, Jr., Pretident.
John F. Anderson,
Frederick L. Ames,
John L. Bremer,
T. Jellerson Coolidge,
George P. Gardner,
Henry
8.
Howe,
William P. Mason,
Laurence Minot,
Henry R. Reed,
Nathaniel Thayer,
Stephen M. Weld,
T. JEFFERSON
Martin Brimmer,
Qecrge F. Fabyan,
Francis L. Hlggtnson,
Walter Hnnnewell,
George Vou L. Meyer,
Richard Olney,
Lucius M. bargeut,
John 1. Waterbury,
Henry C. Weston.
COOLIDGE, JR.,
P7-etldenl.
C. S.
TUCKERMAN,
Secretary.
of thb city of new york.
Stewabt Building, 280 Broadway.
CAPITAL
SURPLUS
-
-
.
-
.
.
8300,000
.
.
8'.t30,00U
DAVID M. Morrison'
CHARLES F. CLARK
PrMi<J«nt.
Vic6-Pre»UUnt.
FRANCIS H. PAGE.
Secretarv.
TRV STEES:
Joseph F, Knapp,
David M. Morrison,
Henry H, Rogers,
Charles H. Russell,
George H. Prentiss,
Joel F. Freeman,
P. C. Lounsbnry.
Charles F. Clark,
L. T. Powell,
George L. Pease,
George E. Hamlin,
Theo. A. Havemeyer.
8etb E. Thomas,
Lucius K. Wllmerding,
George A. Morrison.
Joseph C. Baldwin,
H.Hall.
John F. Anderson,
Waldo Hutchins,
E. C. Homans.
Wm.
Jr.,
Supreme Court.
Designated as a legal depository by order of
Receive deposits of money on
INTEREST ALLOWED ON DEPOSITS.
Interest, act as fiscal or iransler agent, or trustee
for corporations, and accept and execute any legal
trusts from persons or corporations, on as favorar
ble terms as o.her similar companies.
ThomiB Ull house, Pres. Fred'k 1). Tappen, V.-P
Beverly Chew, Sac'txry,
C. '. Jesup, 2d V.-Pres.
George D, Coauey, Assistant Secretary,
This Company la a legal depository lor
Court and Trust Fuads and Is authorized
to do any and all other business usually
done by Trust Companies of responsibility
and siandlaB.
Manhattan
Co.
Trust
Corner of Wall and Nassau
Sts.,
N. T.
«i,ooo,eo»
DIRBOroBS:
H. W. Canoon N. Y.
F. O. French, N. Y.
John B. Ford.N Y
R. J. Cross. N. Y.
H. L. Hlgglnson, Boston. T. J. Coolidge. Jr., Bp%
CAPITAL,
.
August Belmont, N.Y.
E. D Randolph, N.Y.
C. C. Baldwin. N. Y.
Chas. V. Tag, N. Y.
Marshall Field, Chicago.
Bx. Norton, N. Y.
I
James O. Sheldon, N.Y.
A. 8. Kosenbaum, N. Y.
Sam'l R. Shipley. PhUa.
B. T. Wilson. N. Y.
J. I. Waterbury, N. Y.
H. O. Northoote, N. Y.
F. O. French, President. J. I. Waterbury, V.-Pre».
A. T. French, Secretary and Treasurer.
ALLOWS INTEREST ON DEPOSITS. BXKCUTBS TRUSTS OF EVERY DESCRIPTION.
BBQI8TRAB AND TRANSFBH AGENT
@FedFRASER